Nafta Superhighway Returns From The Dead

Rick Perry set to push revamped agenda to sell freeways to foreign-owned private companies and convert them to toll roads

Paul Joseph Watson
Friday, July 3, 2009

The Trans-Texas Corridor, part of the NAFTA Superhighway projected to link the United States with Canada and Mexico as an integral cog of the North American Union, is back on the agenda after Texas Governor Rick Perry lied in claiming that the proposal was dead earlier this year.

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A Covenant With Death

(A Great Piece!…Paul)

William N. Grigg

The Empire Hamilton Built is racing toward the unpleasant end that awaits all imperial projects: Incurable, undisguised insolvency, the ruin of the official currency, political collapse, and — most likely — internal schism. At some point the Power Elite will probably call most of the troops home from their far-flung garrisons, not because our rulers will have renounced aggression, but rather for the purpose of putting down internal resistance. This, too, was foretold by Madison in the Constitutional Convention, when he warned that “A standing military force, with an overgrown Executive, will not long be safe companions to liberty. The means of defense [against] foreign danger have been always the instruments of tyranny at home.”

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The Big Whorehouse on the Potomac

By PAUL CRAIG ROBERTS
July 3-5, 2009

As Americans celebrate July 4, they can contemplate that the union of “free and independent states,” like the former British colonial power, has evolved into its final manifestation–a complete whore house. While Members of Parliament in London charge their expense accounts with every personal expenditure, including the rental of adult xxx-rated films, an American newspaper put the reporting of public policy out to bids until politico.com blew the whistle.

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Hong Kong finds 1st case of Tamiflu-resistant H1N1

Fri Jul 3, 2009
HONG KONG, July 3 (Reuters) - Hong Kong’s health department said on Friday it had detected a case of human swine influenza virus that was resistant to Tamiflu, the main antiviral flu drug.

The World Health Organisation has declared a pandemic is under way from the new H1N1 virus, also known as swine flu.

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Big brother is watching: The technologies that keep track of you

CCTV, RFID tags and GPS-enabled phones are among the technologies that can be used to keep track of your movements.

By Claudine Beaumont
02 Jul 2009

The furore around the Chinese government’s Green Dam software has raised the issue of the way modern technology is used to monitor our daily lives. Here, we list seven of the technologies that can be used to keep track of your movements.

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WHO warns swine flu ‘unstoppable’

Friday, 3 July 2009

The UN’s top health official has opened a forum in Mexico on combating swine flu by saying that the spread of the virus worldwide is now unstoppable.

World Health Organization head Margaret Chan added that the holding of the meeting in Cancun showed confidence in Mexico, which has been hard hit.

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Doug Casey on the Greater Depression

July 01, 2009

Q: Doug, you’ve been, as one subscriber recently dubbed you, “the town crier of America” for some time now, warning about what you call the Greater Depression. Do you really see that as being what’s ahead for America? You have seen the country seemingly headed for the precipice before, but it somehow missed going over the edge… what makes you think that it’s going to happen this time?

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Bluetooth “Big Brother” tracks festival-goers

By Antonia van de Velde
Fri Jul 3, 2009
BRUSSELS (Reuters Life!) - Researchers are using Bluetooth technology to observe the meanderings of tens of thousands of festival-goers at a top European rock festival, hoping their findings will launch a new generation of tracking devices.

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Will Your ID Soon Be a Microchip Under Your Skin?

by Drew Halley

Yet another sci-fi milestone is upon us: microchips implanted under your skin and used to identify you.

The VeriChip is the first radio-frequency identification (RFID) microchip that’s been approved by the Food and Drug Administration for use in humans. The chip is the size of a long grain of rice, and can be implanted pretty much anywhere in the body (most commonly along the tricep). Depending on how it’s used, the chip could do anything from telling doctors your medical background to buying you a round at the club.

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Achtung! You WILL Buy Socialist Health Care Coverage Or You Will Be Fined Half The Cost Of Basic Medical Plan!

Senate bill fines people refusing health coverage

July 2, 2009

WASHINGTON - Americans who refuse to buy affordable medical coverage could be hit with fines of more than $1,000 under a health care overhaul bill unveiled Thursday by key Senate Democrats looking to fulfill President Barack Obama’s top domestic priority.

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Keep an eye on Russia’s imploding banks…”We have been warned.”

By Ambrose Evans-Pritchard

Russia is sinking into a swamp of bad loans.

The scale of credit rot in the Russian banking system exposed by Fitch Ratings this week is truly staggering. The report is yet another cold douche to those betting that the BRICs (Brazil, Russia, India, and China) can pull us out of our mess.

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U.S. Stocks Retreat for Third Week in Longest Slump Since March

By Rita Nazareth

July 3 (Bloomberg) — U.S. stocks fell for a third straight week, the longest losing streak since March, on concern deeper- than-estimated job cuts and a drop in consumer confidence will prolong the recession.

American Express Co., Caterpillar Inc. and Alcoa Inc. lost at least 6.2 percent after the unemployment rate rose to the highest level in almost 26 years. National Oilwell Varco Inc. and Hess Corp. sank more than 6.8 percent as oil slumped to a five-week low of less than $67 a barrel. American International Group Inc. tumbled 38 percent after disclosing new risks on derivatives sold to banks.

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Australia Faces the ‘Full Brunt’ of Global Recession

By Victoria Batchelor

July 3 (Bloomberg) — Australia’s economy, which has so far skirted the global recession, may stall after reports showed exports dropped to a 14-month low, bank lending fell and home- building approvals declined by the most since 2002.

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Listen to Citigroup Analysts at Your Own Peril

By: Mike Shedlock
Jul 03, 2009

Citigroup analysts appear to be a hopeless lot. Please consider this July 1, analyst recommendation: Citi tells clients to buy Bank of America.

The analysts added Bank of America (BAC) to their “Ten+ Aggressive Growth List,” telling clients that the Charlotte, N.C.-based company is a good long-term investment and that it should return to normalized annual earnings of $3 a share in a few years.

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How Goldman Sachs and Citi Run the Show

The Wall Street White House

By ANDREW COCKBURN

Robert Hormats, Vice Chairman of Goldman Sachs, is to be installed as Under Secretary of Economics, Business, and Agricultural Affairs. This comes as one more, probably unnecessary reminder of the total control exercised by Wall Street over the Obama administration’s economic and financial policy. True, Hormats is “a talker rather than a decider” according to one former White House official, but he will find plenty of old friends used to making decisions, almost all of them uniformly disastrous for the U.S. and global economy.

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A grim life as Golden State runs out of gold

The grim economic outlook for US states risks crippling any chance of recovery, writes David Usborne

Friday, 3 July 2009

In Houston, the 4th of July fireworks tomorrow night risk being a bit of a damp squib with the display’s budget cut by half. In some other American towns, from New England to the Pacific Northwest, there will be no pyrotechnics at all. But the punters had better not complain: when it comes to public services much worse may be on the way. And nowhere does the picture look as bleak as in Arnold Schwarzenegger’s California, where the Governor has been forced to declare a fiscal emergency.

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Seven banks fail, pushing 2009 tally to 52

Catherine Clifford
Friday, July 3, 2009

NEW YORK (CNNMoney.com) — Seven banks were shut down by authorities Thursday, pushing the tally of failed banks for 2009 to 52, more than doubling the failures in 2008.

Six regional banks in Illinois and one in Texas closed their doors, according to the Federal Deposit Insurance Corporation.

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An Economy Bigger than Russia, Brazil, Canada, India or Spain Is About to Default

Washington’s Blog

An economy bigger than Russia, Brazil, Canada, India or Spain is in imminent risk of defaulting on its debts.

Which nation am I talking about?

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DEATH BY AMUSEMENT

By Coach Dave Daubenmire
July 3, 2009

A (when used in a prefix)—not
Muse—To think or meditate on.
Ment—a suffix that indicates action

Amusement—not to think or meditate on.
Death—the total and permanent cessation of all the vital functions of an organism.

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“So enters Martial Law.”

WAS AMERICA SOLD?

By Nancy Levant
July 3, 2009

In 1992, George H.W. Bush signed Executive Order 12803, which gave D.C. the authority to sell America’s infrastructure. They called this authority “Infrastructure Privatization.” E.O. 12803 tells us this power cleared the way for the “disposition or transfer of an infrastructure “asset” such as by sale or by long-term lease from a State or local government to a private party.”

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Obama: The Emperor’s Seven Signing Statements

by David Swanson
July 3, 2009

Lawless detention is the least of it. State secrets and warrantless spying scrape the surface. Drone attacks and ongoing torture begin to touch it. But central to the power of an emperor, and the catastrophes that come from the existence of an emperor, is the elimination of any other force within the government. Signing statements eliminate congress. Not that congress objects. Asking congress to reclaim its power produces nervous giggles.

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Teen is swine flu’s first victim in London as ministers warn 40 a day could die by end of summer

By Daniel Martin
03rd July 2009

A 19-year-old man was confirmed today as the first person in London to die after contracting swine flu.

The teenager from south London, who suffered serious underlying health problems, tested positive for the virus following his death on Wednesday.

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Britain facing swine flu upsurge, US calls crisis talks

Jul 3 08

Britain warned it could face more than 100,000 daily cases of swine flu and the United States called a meeting of top officials as governments grappled on Friday with a resurgent swine flu pandemic.

The warning from British Health Secretary Andy Burnham came as the Japanese health ministry said doctors had detected the second case worldwide of a patient resistant to the anti-viral Tamiflu, widely used to treat the illness.

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Obama consults experts on 1976 swine flu outbreak

WASHINGTON (AP) — President Barack Obama is hoping that lessons learned from a 1976 flu outbreak can help the country act wisely to combat the current spread of swine flu.

The president and other top administration officials met Tuesday with six experts on the 1976 flu so that — in his words — “we can further prepare the nation for the possibility of a more severe outbreak of H1N1 flu.”

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Auditing the Fed Will Audit the State

by George F. Smith

If Ron Paul succeeds in getting the Fed audited, the consequences could be far-reaching. Assuming the audit isn’t rigged to protect the guilty, as a similar bill was in 1978, the Fed will need every obfuscating Keynesian to testify and write editorials on its behalf, to reassure the public that monetary matters really are best left to the gods who rule us, such as Ben Bernanke and Timothy Geithner. Monetarists, too, would likely join the “Save the Fed” crusade, perhaps arguing that even a great free market economist like Milton Friedman considered the Fed useful for preventing and curing recessions.

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Bureaucrats Will Carry Out Mandatory Home Inspections Under Climate Bill

Government vampires ready and waiting to sink their teeth into the fat hog American taxpayer once more

Paul Joseph Watson
Thursday, July 2, 2009

The controversial climate bill that is set to be taken up by the Senate on Monday after its passage in the House will legislate home inspections by government regulators who will demand to audit every aspect of your property under the threat of substantial and repeated fines if their visits are denied or their demands not satisfied.

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‘RASMUSSEN POLL CONFIRMS AMERICANS FEAR OBAMA GUN CONTROL AGENDA’ — CCRKBA

For Immediate Release: July 2, 2009

BELLEVUE, WA – A new Rasmussen poll reveals that 57 percent of American citizens believe gun sales are up over the past several months because of widespread fears that the government will tighten restrictions on gun ownership.

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In the Future, Interest Rates Will Soar and Consumers Will be Sore Also

By: David Petch
Jul 02, 2009

At the present, governments around the globe are printing money as if there were no tomorrow in order to try and prevent debt-laden banks from going under and trying to stimulate the fractional reserve banking system. The past 20 years of economic growth has been based on a “Pay it Forward” basis…someone gets a new couch or car and ends up paying for it over a defined period of time. The expansion of credit in turn allowed for false consumption because most people never really had the money in hand.

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WHAT’S IN STORE FOR US:Japan of the 90’s or Argentina of 2002?

by John Lee, CFA
July 2, 2009

Introduction

The inflation / deflation debate in the US is still alive and well. In deflation camp, there is the rising star du-jour Nouriel Roubini and old timer Robert Prechter. They argue the debt collapse would cause price deflation and depress world economies for years to come. The inflation camp includes Jim Rogers and Marc Faber, who said on May 27 2009 that “I am 100 percent sure that the U.S. will go into hyperinflation ”

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US Judge Seeks To Ban Internet News Linking

Should linking be illegal?

In a misguided attempt to aid newspapers, one of America’s most influential judges is suggesting a new copyright law.

Dan Kennedy

Those who wish to keep the internet free and open had best dust off their legal arguments. One of America’s most influential conservative judges, Richard Posner, has proposed a ban on linking to online content without permission. The idea, he said in a blog post last week, is to prevent aggregators and bloggers from linking to newspaper websites without paying:

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America’s Effective Unemployment Rate at 18.7%?

Steve Clemons
Thursday, Jul 02 2009

Each month, I receive from Leo Hindery an update on “America’s effective unemployment rate” which includes not only the official unemployment figures but other data points showing off-the-books unemployed or underemployed people.

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Rolling Stone expose: Goldman Sachs behind every market crash since 1920s

Daniel Tencer

Goldman Sachs has played a crucial role in creating every market bubble since the 1920s — and has profited from not only the bubbles, but from the crash that followed as well, says a new expose in Rolling Stone magazine.

An article in the July 9-23 issue of the magazine, written by Matt Taibbi, lists five asset bubbles that the 140-year-old investment bank helped create — and one that Taibbi asserts the firm is currently working to make happen.

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Schwarzenegger to shut state offices to save money

July 3, 2009
SAN FRANCISCO: California’s Governor, Arnold Schwarzenegger, said he will shut state government offices on the first three Fridays of every month and declared a fiscal emergency, forcing politicians into a special session to tackle the state’s growing deficit.

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Payrolls Fall More Than Forecast in June, Unemployment Rises

By Shobhana Chandra

July 2 (Bloomberg) — Employers in the U.S. cut 467,000 jobs in June, the unemployment rate rose and hourly earnings stagnated, offering little evidence the Obama administration’s stimulus package is shoring up the labor market.

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Chinese Government Wants To Purchase Another $80 Billion Of Gold!

By Patrick A. Heller

Nine weeks ago, the Chinese government admitted to the mainstream media that it had added 14.6 million ounces of gold reserves from 2003 through 2009. For years before that disclosure, several of us non-mainstream media members had reported this activity to smaller audiences.

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Never-Ending Government Lies About Markets

By Thomas DiLorenzo
July 2nd, 2009

The purpose of government is for those who run it to plunder those who do not. Throughout history, governments have used violence, intimidation, coercion, and mass murder to enforce this system. But governments’ first line of “defense” is always a blizzard of lies - about its own alleged benevolence, altruism, heroism, and greatness, along with equally big lies about the “evils” of the civil society, especially the free market.

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Silver Takes on Gold Supremecy

The Mogambo Guru
2 July, 2009

Mark at Northwest Territorial Mint suggests that instead of me always yammering about buying “gold, silver and oil”, maybe I should switch to “silver, gold and oil”, which he deems “might even merit an exclamation point” since silver should precede gold in the lineup since silver is probably the most astoundingly under-priced element on the face of the planet!

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Savor These Days Of Trashy News

By: Rick Ackerman
Thursday, 2 July 2009

We ought to savor the luxury of fleeting times such as these, when Matters of Consequence have been shoved off the front page by the sordid and the salacious. A Burmese python got loose in a Florida home yesterday, strangling a two-year-old. Should the pet’s owner, the boyfriend of the toddler’s mother, be charged with endangerment? Tune in to Larry King for the debate. In other news, the piously unsensational NPR jumped headlong into the debate over whether Mark Sanford should resign South Carolina’s governorship for the sin of adultery. How quaint to think that, at least in politics, there is still some shame left in the ho-hummery of extramarital trysts.

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‘Fight Them Over There vs. Over Here’ a False Choice

by Ron Paul

There is no area in which Republicans have further strayed from our traditions than in foreign affairs.

Generations of conservatives followed the great advice of our Founding Fathers and pursued a restrained foreign policy that rebuffed entangling alliances and advised America, in the words of John Quincy Adams, not to “go abroad looking for dragons to slay.”

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Ron Paul …Will He Rise Again?

by Doug Wead

Yesterday on Meet the Press, the declining prospects for the Republican Party were reviewed. The yawning conclusion was that no one can really challenge Barack Obama in 2012 and no one can revive the G.O.P.

The prospects of all the possible candidates were assessed, but there was one glaring omission. Guess who?

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America’s Praetorian Guard Is Slowly Crumbling

by Jack D. Douglas

Professional armies have traditionally been far more disciplined, especially under the stress of longer-run warfare.

BUT that does not mean they have no turning points or breaking points. In Rome the professional, imperial guard, The Praetorian Guard, was highly disciplined and bore casualties well in the early years. But over the decades of imperial struggles and military in-breeding common to such armies largely cut off from the civil population, they became bored with routine, self-centered, arrogant, puffed up with their own importance, and started deposing and imposing emperors, forcing them to put more and more of the national wealth into the military and so on. The professional military became a tyrannical force no civilians could control, so it controlled them through their imposed emperors.

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THE UGLY FACE BEHIND THE MASK OF LIBERALISM

By Selwyn Duke
July 2, 2009

It has been interesting watching the response to the Honduran military’s recent ousting of its nation’s president, Manuel Zelaya. Barack Obama called the action “not legal” and Hillary Clinton said that the arrest of Zelaya should be condemned. Most interesting, perhaps, is that taking this position places them shoulder to shoulder with Fidel Castro, Daniel Ortega and Venezuelan’s roaring mouse, Hugo Chavez, who is threatening military action against Honduras. Now, some would say this is an eclectic group — others would say, not so much — regardless, what has gotten them so upset?

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A U.S./U.N. PLOT AGAINST ANTI-COMMUNIST HONDURAS

By Cliff Kincaid
July 2, 2009

The people of Honduras are pleading for media fairness and understanding of how they saved their democratic system of government from an international conspiracy based in Venezuela and Cuba. In desperate messages to the outside world, Hondurans want America to know they do not want former President Manuel “Mel” Zelaya returned to power through the intervention of the United States and the United Nations.

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OBAMA’S ‘CLIMATE ASTROLOGER’

By Marc Morano
July 2, 2009

President Obama’s Energy Secretary Steven Chu is at it again. Fresh off his declarations in May claiming computer model predictions as evidence of a certain climate catastrophe, (see: Climate Depot Exclusive: Sec. Chu’s assertions ‘quite simply being proven wrong by the latest climate data’ - April 19, 2009), he has now gotten more bold, confidently predicting a certain climate catastrophe by the year 2109. (When he and everyone who hears his warning today will be unable to verify his predictions because they will be conveniently DEAD!)

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Fuel tax could be replaced with by-the-mile road tax

By Steve Everly
Wednesday, July 1, 2009

The year is 2020 and the gasoline tax is history. In its place you get a monthly tax bill based on each mile you drove — tracked by a Global Positioning System device in your car and uploaded to a billing center.

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The Launching of U.S. Cyber Command (CYBERCOM).

Offensive Operations in Cyberspace

by Tom Burghardt
July 1, 2009

U.S. Defense Secretary Robert Gates signed a memorandum on June 23 that announced the launch of U.S. Cyber Command (CYBERCOM). A scheme by securocrats in the works for several years, the order specifies that the new office will be a “subordinate unified command” under U.S. Strategic Command (STRATCOM).

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Did leak from a laboratory cause swine flu pandemic?

Same strain of influenza was released by accident three decades ago

By Steve Connor
Tuesday, 30 June 2009

It has swept across the world killing at least 300 people and infecting thousands more. Yet the swine flu pandemic might not have happened had it not been for the accidental release of the same strain of influenza virus from a research laboratory in the late 1970s, according to a new study.

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Former Marine Claims Illness From Mystery Vaccine…(A Flashback)

Military Source Believes Experimental Shots May Have Been Given

May 7, 2007

CLERMONT COUNTY, Ohio — Target 5 has discovered that an alarming number of U.S. troops are having severe reactions to some of the vaccines they receive in preparation for going overseas.

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Flu Vaccine will be DNA based …(Yikes!)

By SHARON K. GILBERT
June 30, 2009

GET READY for your flu shot, everyone. When Obama’s new health care package gains traction, you can bet one of the primary features will be compulsory vaccinations of all participants.

This is especially concerning given the news that HHS Secretary Kathleen Sibelius has just offered $35M to a privately owned company called Protein Sciences to refine its DNA based vaccine against ’swine flu’ (H1N1).

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FEMA, Israeli Defense Forces Home Front Command Partner for Martial Law

Kurt Nimmo
July 1, 2009

A press release buried on the FEMA website, dated June 30, 2009, announces a meeting between FEMA administrator Craig Fugate and Maj. Gen. Yair Golan of the Israeli Defense Forces Home Front Command. “I look forward to working with my Israeli counterpart as co-chair of an emergency management work group to improve emergency management practices in both countries,” said Fugate. “These partnerships are critical in ensuring that we are incorporating best practices and also working towards greater public preparedness.”

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