Video: Japan – America’s Lost Decade – InflationUS

MSM: Japan, Russia and U.S. warships to dock in S.F.

(SFChronicle) – San Francisco will host sailors from three different navies this weekend, including a port call by a U.S. cruiser, a Japanese training squadron and a rare visit by a Russian guided missile cruiser.

All the ships – except the cruiser USS Bunker Hill – will be open for public tours next week.

The first vessels to arrive will be three ships from the Japanese Maritime Self Defense Force, as the Japanese navy is called. The three, led by the training vessel Kashima, are expected at the Golden Gate Bridge around 12:30 p.m. today. They will anchor in the bay and tie up Monday at Pier 27 on the Embarcadero. A welcome ceremony, open to the public, will be held Monday at 9:30 a.m.

The Japanese ships will be open to the public that day from 9 to 11 a.m. and from 2 to 4 p.m. Read entire article

MSM: Revealed – Japan’s bribes on whaling

(TimesOnline) – A SUNDAY TIMES investigation has exposed Japan for bribing small nations with cash and prostitutes to gain their support for the mass slaughter of whales.

The undercover investigation found officials from six countries were willing to consider selling their votes on the International Whaling Commission (IWC).

The revelations come as Japan seeks to break the 24-year moratorium on commercial whaling. An IWC meeting that will decide the fate of thousands of whales, including endangered species, begins this month in Morocco. Read More Here

Economy

(BBC) – Japan PM Naoto Kan warns of ‘collapse’ under debt pile

Japan is at “risk of collapse” under its huge debt mountain, the country’s new prime minister has said. Read More Here

(NAlert) – ObamaCare’s 150 New Government Agencies – Read More Here

(DowJones) – 2nd UPDATE: Milan Judge Adjourns Derivatives Trial To June 23

A Milan judge adjourned Wednesday a landmark derivatives trial against four international banks accused of fraudulently selling derivatives on a bond by two weeks to June 23.

Judge Oscar Magi, who recently took over the proceedings, also ruled that several parties including dozens of consumer … Read More Here

(NYTimes) – Uncertainty Restores Glitter to an Old Refuge, Gold

It is the resurgent passion of the doomsday crowd, a bet that everything will go wrong. No matter what has you worried, they say, the answer is gold. Read More Here

(CNNMoney) – Vermont to seniors: Return those $250 checks

The federal government is mailing $250 Medicare rebate checks this week, but Vermont is asking its seniors to send the money back to the state. Read More Here

(June 11) – Video: Bob Chapman’s Friday 6/11/2010 Economic Report on Alex Jones Tv

Bob Chapman of The International Forecaster checks in with his regular Friday economic news update. Alex covers the news and takes your calls.

Why Hiroshima Was Destroyed – Eustace C. Mullins

(Rense) – The Detailed History Of An Infamous Era – Read More Here

Economy

(WSJ) – U.S. Is Riskier Than Euro Zone; So Says CDS Market

Something troubling has occurred in the market for default protection on the debt of the world’s biggest borrower. Read More Here

(WSJ) – Treasurys Sink After Poor Sale

Treasury prices fell hard after a poor five-year auction that escalated concerns about the government’s ability to sell its massive amounts of debt. Read More Here

(KCTV5) – Folger’s To Close KC Coffee Plant

The J.M. Smucker Company announced Wednesday it will close its Kansas City Folger’s Coffee plant in the summer of 2012. Read More Here

(RussiaToday) – Video: Lehman Brothers: Warehouse for junk loans – View Video Here

(TheSun) – CHANCELLOR Alistair Darling has delivered his last crucial budget — and plunged the country further into debt. – Read More Here

(BusinessInsider) – JP Morgan Paid $1.9 Billion For Washington Mutual And Now It Wants A $1.4 Billion Tax Refund

JPMorgan Chase is negotiating with the FDIC for a tax refund related to its acquisition of Washington Mutual that could amount to $1.4 billion, The Wall Street Journal is reporting this morning Read More Here

(DailyTelegraph) – Gordon Brown told to explain why he sold Britain’s gold reserves

Gordon Brown has been ordered to release information before the general election about his controversial decision to sell Britain’s gold reserves. Read More Here

(Bloomberg) – Poll Reveals Americans Hate Wall Street

Americans are leery about creating a new federal agency to make consumer-protection rules for mortgages and credit cards and would prefer to enhance the existing powers of banking regulators. Read More Here

(Bloomberg) – States Sue Over Overhaul That Will Bust State Budgets

President Barack Obama faces a fight over the health-care overhaul from states that sued today because the legislation’s expansion of Medicaid imposes a fiscal strain on their cash-strapped budgets. Read More Here

(WallStreetJournal) – Economic Stimulus Bill May Give J.P. Morgan a Tax Refund of $1.4 Billion

J.P. Morgan Chase & Co. is nearing a deal that would allow it to benefit from a tax refund of as much as $1.4 billion, becoming the latest company to tap a little-noticed plank in an economic stimulus bill. Read More Here

(GlobalResearch) – Social Inequality in America: Widening Income Disparities

The “aristocracy of our moneyed incorporations” has never conceded a thing, not even to suppress a revolt. This “opulent minority” does not “give” what it does not intend to begin to claw back with its cold, non-living corporate “hand” before the ink is dry on the signatures on treaties, the Fourteenth Amendment, even the New Deal, perhaps the greatest bowl of gruel ever cooked up by an oligarchy. Read More Here

(EpochTimes) – Most Japanese Airports in Debt, Face Closure

The majority of Japanese airports are facing serious financial problems and may be forced to close unless they attract more passengers, according to a Japanese Ministry of Transport survey, reports the Japan Times. Read More Here

(FinancialArmageddon) – Is the stock market being manipulated?

Larry Doyle, a long-time Wall Street veteran and publisher of the Sense on Cents blog, hosts a Sunday night show, “No Quarter Radio’s Sense on Cents with Larry Doyle,” on Blog Talk Radio. In this week’s edition, which features an interview with Phil Davis of Phil’s Stock World, Larry raises a question that a few of us, who are amazed at and unsettled by the willingness of investors to throw caution to the wind and repeat the mistakes of the past (see “Back Buying the Same Kind of Crap” for one example), have occasionally wondered about ourselves: Read More Here

(MyBudget360) – How the Middle Class Slowly Evaporated in the Last 40 Years

Loss of Manufacturing, Bank Deregulation, Hyper Consumption, and Short-term Profit Seeking from Wall Street Read More Here

(DailyBell) – Global Economy Spins Out of Control? – Read More Here

(Spiegel) – German Shipping Faces Wave of Financing Problems

As recently as 2008, container ships were transporting record amounts of products across the world’s oceans. Now, many German shipping companies are struggling to pay for the vessels they ordered during the boom. Their banks could be in trouble, too. Read More Here

(CSPAN) – Video: Ron Paul Vs Tiny Tim Geithner-You Got Us In A Bigger Mess – View Video Here

Video: The 9/11 Hijackers are Alive? – Video Interview With Dr. David Ray Griffin

(RussiaToday) – According to the chief of Japans Democratic Party who says that the 9/11 hijackers are alive and that 9/11 was a complete hoax. Dr. David Ray Griffin is a professor and author who wrote The New Pearl Harbor Revisited and he says that he agrees; the World Trade Center was a hoax.

The Washington Post on ‘lunatic’ 9/11 ‘conspiracy theorists’

(ForeignPolicyJournal) – An editorial in the Washington Post yesterday slammed Japanese member of parliament Yukihisa Fujita because he “seems to think that America’s rendering of the events of Sept. 11, 2001, is a gigantic hoax.” His “ideas” about the terrorist attacks “are too bizarre, half-baked and intellectually bogus to merit serious discussion.”

MSM: A leading Japanese politician espouses a 9/11 fantasy

(WashingtonPost) – YUKIHISA FUJITA is an influential member of the ruling Democratic Party of Japan. As chief of the DPJ’s international department and head of the Research Committee on Foreign Affairs in the upper house of Japan’s parliament, to which he was elected in 2007, he is a Brahmin in the foreign policy establishment of Washington’s most important East Asian ally. He also seems to think that America’s rendering of the events of Sept. 11, 2001, is a gigantic hoax.

MSM: Q+A-Will Japan face a sovereign debt crisis?

(Reuters) – Japan’s ballooning public debt is raising concerns in debt markets as the largely untested government of Prime Minister Yukio Hatoyama tries to balance the need for economic stimulus with a need for fiscal prudence. Read More Here

US Crosses the Bernholz Line — Hyperinflation Early Warning Signal

Economic historian Peter Bernholz has identified that inflation starts to take on hyperinflationary characteristics some time after the deficits of a country as a share of government expenditure rise above a third and stay there for several years.

Japan, Refutation of Neoliberalism – Robert Locke

No-one wants to talk about Japan these days.  The conventional wisdom is that the bloom went off Japan’s economic rose around 1990 and that the utter superiority of neoliberal capitalism was vindicated by the strong performance of the American economy during the 1990s.  Furthermore, everyone is now convinced that China – whose economy is 1/8 the size of Japan’s – is the rising economic power and therefore the appropriate object of attention.
But Japan is, despite everything, still one of the master keys to understanding the future of the world economy, because Japan is the clearest case study of why neoliberalism is false.  Simply put, Japan has done almost everything wrong by neoliberal standards and yet is indisputably the second-richest nation in the world.

Reports: JAL to cut more than 15,000 jobs

(PressTV) – Japan Airlines Corp. (JAL) is expected to slash more than 15,000 jobs, a third of its work force, in three years to save the troubled company from total collapse.

The World’s Worst Terrorists Based In Washington

(PakAlert) – Americans Must Ask; Who is Breeding Terrorism?
The above-captioned article was written by John Pilger in the daily The Yumiuri Shimbun, of Japan, dated 30th August, 1998. He says “In recent years Muslims have been the greatest sufferers from state terrorism.” The excerpts of his above-mentioned article are as below.

MSM: Tale of toxic morality – Mercury

(JapanTimes) – Minamata disease was named after a fishing port on the island of Kyushu where it was discovered in 1956. Chisso Corp. had been dumping methyl mercury directly into the bay since before World War II, but sharp increases in production in the early 1950s increased the flow of contaminating effluent. People and animals that ingested contaminated fish and shellfish suffered varying degrees of neurological damage. The polluting was not stopped until 1968 because the company, with the government’s complicity, denied and tried to cover up its role in creating one of Japan’s worst environmental disasters, one that became symbolic of the costs of relentless pursuit of economic growth.

MSM: Japan to build fleet’s biggest helicopter destroyer to fend off China

(Telegraph) – Japan is set to commission the largest destroyer to join its fleet in response to a Chinese military buildup.

MSM: Not even a new prime minister can save Japan from going bankrupt

(Telegraph) – Public debt has pushed the country beyond the point of no return, writes Ambrose Evans-Pritchard.

AE911Truth Dives Down Under for Conferences

The epic effort to alert the people of the world about the truth of the destruction of the threeWorld Trade Center skyscrapers on September 11, 2001, will extend its global reach as Richard Gage, AIA, boards a jet in San Francisco and flies west on a 17-hour flight to Sydney on November 8.

Enslavement by a New Copenhagen Protocol to the Climate Change Treaty

Copenhagen is about to become the successor to Kyoto as the synonym for the U.N.’s plan to control climate change. The 15th meeting of the Conference of the Parties to the U.N. Framework Convention on Climate Change will meet in Copenhagen December 7-18. Until this meeting ends, expect to hear a growing number of climate-related horror stories, presented by a wide array of so-called environmentalists, at a rising decibel level that’s sure to drive the sane quite mad.

New CNN Poll Claims Americans Believe Muslims in Caves Pulled Off 9/11

A CNN poll states the obvious — a majority of American believe the occupation of Afghanistan is turning into another Vietnam. “Fifty-two percent of people questioned in a CNN/Opinion Research Corporation survey released Monday say the eight year long conflict has turned into a situation like the U.S. faced in the Vietnam War, with 46 percent disagreeing,” CNN reports.

Iran to completely drop dollar from foreign exchange

(PressTV) – Iran’s Trade Promotion Organization has announced a near future plan to completely exclude the US dollar from the country’s foreign revenues and reserves.

US Dollar Crashes Through Major Support Level

It is looking more and more like the current Administration has set on a course of deliberate destruction of the US Dollar and with it, the economic might that the US has enjoyed since post World War II.

Video: David Icke on Alex Jones Tv – Center of The Spider-Web!

Part 1 of 3

Video: Celente on dollar – America sinks with its gold

(RussiaToday) – The Independent newspaper has reported that Middle Eastern countries along with Russia, Japan, China and France are holding secret meetings to end oil trading using the dollar. So what does this mean for the American dollar and the future of the global economy?

Is the Dollar Heading Up Or Down?

Arguments for a Long-Term Devaluation of the Dollar
Unless you’ve been living in a cave, you know that the dollar is losing its status as world reserve currency.

Video: Robert Fisk on the Gulf ‘ditching the dollar’ in oil trade

(AlJazeera)- Gulf states have held secret talks with Russia, China, Japan and France to replace the US dollar with abasket of currencies in the trade of oil, the UK’s Independent newspaper says.

MSM: The demise of the dollar

(Independent) – In a graphic illustration of the new world order, Arab states have launched secret moves with China, Russia and France to stop using the US currency for oil trading

Japan Abandons America

(TheTrumpet) – For over 50 years, one party ruled Japan virtually uninterrupted. During that time, Japan remained a loyal ally and supporter of U.S. policy. This month, a historic event took place.

MSM: US May Face ‘Armageddon’ If China, Japan Don’t Buy Debt

(CNBC) – The US is too dependent on Japan and China buying up the country’s debt and could face severe economic problems if that stops, Tiger Management founder and chairman Julian Robertson told CNBC.

MSM: U.S. to push for new economic world order at G20

(Reuters) – The United States will urge world leaders this week to launch a new push in November to rebalance the world economy, but there are doubts national governments will bow to external advice.

Threatening Iran – Paul Craig Roberts

When Japan attacked Pearl Harbor, Japan did not spend years preparing her public case and demonstrating her deployment of forces for the attack. Japan did not make a world issue out of her view that the US was denying Japan her role in the Pacific by hindering Japan’s access to raw materials and energy.

The Global Credit Crunch Is Not Receding, It Is Intensifying

Granted, you wouldn’t know it if you followed the stock market melt up as the wild rush to eek out any and all P&L before tax loss selling season hits (assuming there even is one this year), but read on. If nothing else, SocGen’s Albert Edwards, unlike many others, has stuck to his convictions.

Updated and expanded: Dr. Van de Meer predicts monetary collapse of US starting on September 30th

A private but extremely influential silent individual,  Dr. Michael Van de Meer is the person predicting a financial collapse of the United States starting on September 30th. That is the end of the fiscal year and the final date for payments the Federal Reserve Board wants to act, but cannot, because it is in a catatonic state, as the leaders of every state in the world is.

Hatoyama’s New Path and Washington’s Anxiety

“The financial crisis has suggested to many that the era of U.S. unilateralism may come to an end. It has also raised doubts about the permanence of the dollar as the key global currency. I also feel that as a result of the failure of the Iraq war and the financial crisis, the era of U.S.-led globalism is coming to an end and that we are moving toward an era of multipolarity.”

USA Sick and Ready to Collapse for Three Reasons

The map of the collapse of the United States in 2010, made by Russian scientist of politics Igor Panarin, has received millions of views in the United States over one day only. The Wall Street Journal published the map on its front page at the end of 2008.

Deceitful Messages Coming Out Of Friday’s G-20 Meeting

The AP reports (via The Washington Post) that “European countries have stressed the role that excessive payouts to banking executives played in the current crisis by fueling risk-taking, and called for bonuses to be severely curbed”, which doesn’t seem to make sense with a $645+ trillion derivatives bubble.

Video: Peter Schiff Vlog – Stock market sell-off phony recovery and Japan’s election

September 1st, 2009

MSM: WHO Warns Of Severe Form Of Swine Flu

(Reuters) – Doctors are reporting a severe form of swine flu that goes straight to the lungs, causing severe illness in otherwise healthy young people and requiring expensive hospital treatment, the World Health Organisation said Friday.

The Spend-And-Borrow Economy – Nouriel Roubini

In the last few months the world economy has been saved from a near-depression. That feat has been achieved by a range of extraordinary government stimulus measures: In the U.S. and in China, and to a lesser extent in Europe, Japan and other countries, governments have pumped liquidity, slashed policy rates, cut taxes, primed demand and ring-fenced and back-stopped the financial system. All of this has worked, but at a cost. Governments have been spending and borrowing like never before. The question now is: how do they stop?

US debt to hit $20 trillion by 2020

Forecasts published this week by the Obama administration and the Congressional Budget Office (CBO) estimate that the US national debt will nearly double over the next 10 years to about $20 trillion.