Syrian tanks advance to Lebanese Beqaa Valley border. Israel forces on high alert

Eyewitness reports say that Syria is continuing to mass troops along its border with Lebanon, prompting the warning from the United States not to meddle or to intervene militarily. For VOA, Edward Yeranian reports from Beirut.

MSM: Dow Dives 508 – S&P Falls 60 – Worst Since 1937

Oct. 7 (Bloomberg) — U.S. stocks fell, sending the Standard & Poor’s 500 Index below 1,000 for the first time since 2003, on speculation banks and real-estate companies are running short of money as the credit crisis worsens.

Bank of America Corp. tumbled 26 percent after cutting its dividend in half and saying it plans to sell $10 billion in common stock to brace for a recession. Morgan Stanley, KeyCorp and JPMorgan Chase & Co. slid more than 10 percent as investors shrugged off signs the Federal Reserve will reduce interest rates. General Growth Properties Inc., a mall owner, plunged 42 percent on concern it won’t be able to repay debt.

MSM: Retirement accounts have lost $2 trillion, so far…

Retirement accounts have lost $2 trillion, leading Americans to keep working, stop saving

WASHINGTON (AP) — Americans’ retirement plans have lost as much as $2 trillion in the past 15 months — about 20 percent of their value — Congress’ top budget analyst estimated Tuesday as lawmakers began investigating how turmoil in the financial industry is whittling away workers’ nest eggs.

MSM: Fed to Purchase U.S. Commercial Paper to Ease Crunch

Oct. 7 (Bloomberg) — The Federal Reserve will create a special fund to buy U.S. commercial paper, seeking to unblock the financing tool that drives everyday commerce for American businesses.

The Treasury will make a deposit with the Fed’s New York district bank to help set up the new unit. The central bank will also lend to the program at policy makers’ target rate for overnight loans between banks, the central bank said in a statement released in Washington. Fed officials said they intend to set up the fund soon, while declining to specify a date.

MSM: Dow Drops 500 Points In Turbulent Trading

(CBS/AP) Wall Street has had yet another dismal day Tuesday, extending its heavy losses as investors’ worries about the financial sector wiped out early enthusiasm over the Federal Reserve’s efforts to inject confidence into the credit markets. Trading remained fractious and grew more turbulent in the last hour, with the Dow Jones industrial average losing more than 500 points and all the major indexes falling more than 5 percent.

Brazil, Argentina abandon US dollar

Brazil and Argentina have launched a new payment system in their bilateral trade, doing away with the US dollar as a medium of exchange.

The two Latin American nations started the Payment System on Local Currency (SML) on Monday following a last month agreement inked by their presidents to use local currencies in a bid to end transaction in dollars.

Dennis Kucinich on the Democrats’ Bailout Betrayal

The passing of the $850-billion bailout pulled the plug on the New Deal. The Great Society is now gasping for air, mortally wounded, coughing up blood. It will not recover. It was murdered by the Democratic Party.

We are on our own. And don’t expect any help from Barack Obama and Joe Biden, who lobbied hard for the bill and voted for it. Ignore their rhetoric. Look coldly at the ballots they cast against us. We, as citizens, have only a handful of representatives left in Washington, most of whom were left sputtering in rage and frustration on the House floor. The sad irony is that some of them were Republican.

“This was the largest single act of class warfare in the modern history of this country,” Rep. Dennis Kucinich, D-Ohio, who led the fight in the House against the bailout, told me by phone from Cleveland. “It is a direct attack on the American people’s ability to be able to stabilize their homes and their neighborhoods. This single vote will define the careers of everyone. We are back to taxation without representation, to markets that are openly rigged.”

Video: MSM – Aspartame Health Risk

Aspartame (E951) is an artificial sweetener, present in over 6000 products..The food industry says it helps you to lose weight, but why is obesity then becoming an ever increasing problem? It can be found in products with any of the following labels: Light, Diet, Sugarfree, Zero, Pepsi Max, Low-Calorie, No Sugar Added, NutraSweet, Equal, NatraTaste, Canderel, Spoonful, Equal-Measure, etc. Aspartame is a sweet chemical, causing many health problems such as Multiple Sclerosis, Parkinson’s, Alzheimer’s, ADHD, epilepsy, migraines, mood swings as well as cancer and psychological ailments. It breaks down into 3 components: 1 Methanol, which is the poisonous kind of alcohol. Methanol further breaks down into formaldehyde, an embalming fluid! 2..Phenylalanine, which decreases the amount serotonin in your brain, which causes mood swings, depressions and an increase(!) in appetite 3.. Aspartic acid, a neurological toxin like MSG.

Worst-case scenario is approaching rapidly

The credit crisis, which has been building slowly for the past year, is now moving so fast that governments around the world are finding it impossible to keep pace.

On Saturday Angela Merkel, the German leader, criticised last week’s decision by the Irish to guarantee all deposits in their leading banks without consulting other European countries. The Irish Government said that the move was forced on it by the threat of a run on one of its banks. Only a day later Ms Merkel was forced to take almost the same action in almost the same circumstances.

It’s America that’s bankrupt

The toxic mortgage-debt paper is only a cover. The real story under the covers of the history book written since the Great Depression is about the investment bankers and their allies who have returned with a vengeance to totally bankrupt America and its financial system with their greed, which created the present subprime debt and recently raised the national debt ceiling to $11 trillion and change.

Kenya is holding WND senior staff reporter Jerome Corsi in custody!!

WND senior staff writer Jerry Corsi

NAIROBI, Kenya – The government of Kenya is holding WND senior staff reporter Jerome Corsi in custody at immigration headquarters after police picked him up at his hotel just prior to a scheduled news conference in which he planned to announce the findings of his investigation into Barack Obama’s connections in the country.

Predictive Programming in Movies – Death Race (2008)

Sad as it is, the unconscientious businessman is of course only partly too blame for the emergence of modern day gladiator games since if there wouldn’t have a been a market for it, represented by all the hordes of viewers out for blood, the idea of a Death Race would not have been commercially viable to begin with. It’s but a simple consequence of the elementary economic law of demand and supply.

Royal Bank of Scotland down 39%

European stocks fell for a second day as concern that financial firms may need more capital overshadowed speculation central banks around the world will reduce borrowing costs. U.S. index futures and Asian shares declined.

Video: How The Elite Control Politics – Alex Jones

This is a very simple animated version of Alex Jones’s talk on the fraudulent left-right 2-party paradigm that we are all locked into. In the original version, Alex uses pen and paper to sketch out the 2-party paradigm.