Obama’s Speech at AIPAC

Illinois Sen. Barack Obama delivered a speech on Wednesday, June 4, before the American Israel Public Affairs Committee. The speech comes the day after he secured enough delegates to clinch the Democratic nomination and become the first African-American candidate for president. In these prepared remarks provided by his campaign, Obama tries to allay doubts that some Jewish voters have expressed about his candidacy. He talks about his great-uncle’s service in World War II, as a member of the infantry division that first liberated a Nazi concentration camp. He also calls Israel’s security non-negotiable and compares his policies toward Israel with those of Republican Arizona Sen. John McCain. Continue reading

Regulators say they made fateful mistakes

Three current and former financial regulators told Congress on Thursday that they made fateful mistakes that helped drive the global financial system to the brink of disaster, and urged Congress to fill the regulatory gaps.
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Artic Ice on the Move: Increasing Rapidly

As Anthony Watts blogged last week, the arctic ice is increasing at a very rapid rate. (and this has been updated HERE) You can see how we fell short of last year’s record extent and have recently been rebounding at the fastest rate of the years shown.
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Sun’s protective ‘bubble’ is shrinking

sun protective bubble heliosphere

Data has shown that the sun’s heliosphere is shrinking Photo: AP

New data has revealed that the heliosphere, the protective shield of energy that surrounds our solar system, has weakened by 25 per cent over the past decade and is now at it lowest level since the space race began 50 years ago.

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Iraq War Vets Left Bloody at the Debates

I am a photojournalist that was covering the debate in Hofstra. It was one of the most dreadful and deplorable experiences I have ever been apart of. The authorities not only harassed and bullied people in the midst of a nonviolent protest, they also injured and arrested our war vets. It was a sad day in America. While we fight to figure out who will be the best leader to get us out of these immense set of problems that our country is forced to grapple with, armed thugs are bludgeoning our war vets for exercising their constitutional right to protest.

Ron Paul – Sickness Unto Debt

One of the burning questions regarding the recently passed bailout, and the one that almost no one has bothered to answer, is how the government intends to pay for it. Governments have three main methods by which they can raise funds: taxation, printing new money, and debt. As our $10 trillion national debt shows, the federal government has always enjoyed raising money by issuing new debt. Money is gained upfront, while the cost of repaying that debt is pushed onto future generations.
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Can Congress Bail Out of the Bailout?

We are now entering the financial End Time.

Bailout “Plan A” (buy the junk mortgages) has failed, “Plan B” (buy ersatz stocks in the banks to recapitalize them without wiping out current mismanagers) is fizzling, and the debts still can’t be paid.

That is the reality Wall Street avoids confronting.
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Postponing the election: It’s a joke, or is it?

Thank heavens for the Internet; it’s put the surprise back in October Surprise.

Here is the latest big-picture conspiracy theory, which has been gathering strength on the blogosphere the way a hurricane feeds on Caribbean waters: It is widely believed, both online and, increasingly, offline, that the Bush administration intends to declare martial law and postpone next month’s elections. To prevent Barack Obama’s inevitable ascension to the Oval Office, obviously.
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The Quadrillion Dollar Powder Keg Waiting To Blow

Derivatives at the heart of the crisis, catastrophic losses are inevitable, financial system headed for oblivion, the new world disorder, EU doomed, Credit Default Swaps at the heart of the problem, Plunge Protection Team history, coverups for globalization failures, Bloodbath for the Yen…
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Market May Drop 50% from Top

Market experts say stocks could continue falling until they’ve lost half the value from their peak in last year’s bubble heyday – meaning the bottom might be a Dow Jones industrial average at 7,000.

A new economic report yesterday supported such a steep downward spiral by showing a sudden slowdown could hit by Thanksgiving, based on an unexpected doubling of wholesale stockpiles of everything from petroleum and clothing to electronics and cars.
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MSM: Obama violated Logan Act, May have commited Treason

The Logan Act is a United States federal law that forbids unauthorized citizens from negotiating with foreign governments. It was passed in 1799 and last amended in 1994. Violation of the Logan Act is a felony, punishable under federal law with imprisonment of up to three years.
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Bailout A Bust – Depression To Follow

RHINEBECK, NY 9 October 2008 — Once again, Washington has proven that anything it touches is doomed to failure. Unable to win wars, repair levees, fix voting machines or rebuild its Twin Towers, the colossal $700 billion bailout package passed last week by Congress proved to be an instant bust.
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Martial Law – FEMA sources confirm coming martial law, says Wayne Madsen

Wayne Madsen a Washington based investigative journalist, author, columnist and former U.S. Naval Officer reported on April 3rd, 2008 the existence of a document called the “C & R” document is being passed around among senior members of Congress and their staff.
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BANGKOK – Police throw bombs into a 30,000 strong crowd!


As we watch the result of our western banking system of credit bring us to our kness, one must wonder what the motivation behind the behaviour of the thai police was yesterday when they hurled grenades into a 30,000 crowd strong crowd, in theory to assist in dispersing them.
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Obama tried to Stall troop Withdrawl From Iraq

WHILE campaigning in public for a speedy withdrawal of US troops from Iraq, Sen. Barack Obama has tried in private to persuade Iraqi leaders to delay an agreement on a draw-down of the American military presence.

According to Iraqi Foreign Minister Hoshyar Zebari, Obama made his demand for delay a key theme of his discussions with Iraqi leaders in Baghdad in July.
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New World Order – Global gamble: the fightback begins…

It was the longest day in the battle to rescue the world’s stricken economy from the financial crisis which had left banks teetering. Sean O’Grady, Economics Editor, reports from Washington

The world’s central banks and governments appear to be running out of ammo in the face of a financial crisis that has been intensifying by the hour.
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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.
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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.
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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.
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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.
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The Dollar is Doomed

When the precious metals were smashed out of nowhere and the dollar started climbing this summer I became very worried. I didn’t question my conviction that commodities are in a bull market, or that precious metals in particular are undervalued. I felt something sinister was at work. Neither move was justified on a fundamental level. I assumed that something very bad was about to happen and the metals needed to be brought lower in advance of the bad news.
Now we have a glimpse at the ugly consequences foreseen by the Treasury Department and the Federal Reserve. In early September, Fannie Mae and Freddie Mac were nationalized with a financial commitment of USD$200 billion from the taxpayers. Incredibly, the loan limits at the former GSEs were raised from $417,000 to $729,750 in March when it was more than obvious these institutions needed to be reined in. Like most bailouts and bank failures, this one was announced on a weekend to limit the impact on the stock markets.
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MSM: Russian stocks plunge by nearly 20 percent

MOSCOW (AP) — Russia’s leading stock markets suffered their biggest-ever one-day losses as shares went into free fall on the back of falling oil prices and deepening fears about the global economy despite the passage of a $700 billion U.S. bank bailout.

Trading on MICEX — the country’s largest index– was shut down three times, closing down 18.6 percent to 752 points. The benchmark RTS — where trading was halted twice — crashed to its lowest point since August 2005, falling by 19.1 percent to 866.4 points.
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MSM: Germany to allow domestic military deployment

Germany’s governing coalition partners want to change the constitution to allow for military deployment within the country if needed to combat terrorism, officials said Monday.

The proposal would allow use of the military only if police are overwhelmed and cannot properly respond to a situation themselves.
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House Roll Call: How they voted on bailout bill

The 263-171 roll call Friday by which the House approved a $700 billion government bailout bill for the battered financial industry.

A “yes” vote is a vote to pass the bill.

Voting yes were 172 Democrats and 91 Republicans.

Voting no were 63 Democrats and 108 Republicans.

X denotes those not voting.
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Senate package would bail out major foreign investors, including China

During a time when most pundits and analysts had come to favor the financial bailout package, Rep. Brad Sherman of California was on Larry Kudlow’s CNBC show on Sept. 30 to cite evidence that the legislation potentially “provides hundreds of billions of dollars of bailouts to foreign investors,” including those in Communist China.
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Video: Leaked ‘Simpsons’ clip shows rigged voting machine, then preceeds to Kill Simpson.

Although the cartoon Simpson family did once help Krusty the Clown run for Congress as a Republican with the aid of Fox News, their general learning is clearly towards the Democrats.

In a leaked clip from the upcoming Halloween episode of The Simpsons, Homer declares when faced with an electronic voting machine, “I want to vote for Obama. … It’s time for a change.”
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Congress OKs historic bailout bill; Bush signs it

With the economy on the brink and elections looming, Congress approved an unprecedented $700 billion government bailout of the battered financial industry on Friday and sent it to President Bush who quickly signed it.
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MSM: Senate is Sneaking the Same Banker Looting “Bailout” We Defeated on Monday! Call Your Senators Now!!!

NEW YORK (CNNMoney.com) — The Senate plans to vote on the $700 billion bank rescue plan Wednesday evening – two days after the House failed to pass it.
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Bailout marks Karl Marx’s comeback

In his Communist Manifesto, published in 1848, Karl Marx proposed 10 measures to be implemented after the proletariat takes power, with the aim of centralizing all instruments of production in the hands of the state. Proposal Number Five was to bring about the “centralization of credit in the banks of the state, by means of a national bank with state capital and an exclusive monopoly.”
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