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Tony Newbill Conspiracy Emails from 2-11 to 3-10-13
By Tony Newbill
Edited by John R. Houk
© April 7, 2013
Tony Newbill has been looking for info that informs you on how a dollar collapse, economic collapse, Eco-Marxist agenda and so on will affect an American’s way of life or existence. Many of my readers may have read similar information either here or another source; nonetheless it is important to realize much of this information has swung away from uncertain Conspiracy Theory toward the realm of Conspiracy Fact.
The last item of these emails I am posting from Newbill is an exposé on privatized prisons in America. Needless to say privatized prisons as they exist today are horribly run on the scale of a third world nation and that includes juvenile imprisonment. Not only are living conditions appalling but privatized prisons are utilizing prisoners as near slave labor.
As a Conservative I believe privatized prisons sounds good as far as the taxpayer goes, but the taxpayer is not off the hook. A substantial amount of the funding comes from the government. And so since privatized prisons exist to make a profit more than house or rehabilitate unproductive criminal malcontents, profit via exploitation is reprehensible. After all America fought a Civil War over the issue of slave labor. AND I don’t have with making a profit, BUT I do have a problem with exploiting humans for modern slavery regardless if they are criminals or are persecuted for their beliefs.
Thus privatized prisons is an example for a reason to have government regulation and mandates instead of less government. Standards must be set and the staffing of the appropriate amount of Inspectors needs to be maintained and executed. Capitalism for human exploitation is evil. Capitalism for the Pursuit of Happiness for individuals and the common good is good for Americans. Slave labor and third world living conditions – especially for juveniles – is not the common good.
Surprisingly Newbill agrees with the Left in that the solution for the Crony Capitalism of privatized prisons is to shut down for profit prisons in favor of government run prisons only. That solution is tossing out the baby with the dirty bath water.
The kind of treatment that prisoners are receiving in privatized prisons should be criminalized that everyone the least prison guard on up the corporate ladder to corporate officers prosecuted for breaking the law. AND if there is not an adequate legal provisions then State and Federal legislation must get on the ball!
Enjoy this latest volume of Tony Newbill emails.
JRH 4/7/13
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Why we are Losing our Economy UNFAIRLY!!!
Sent: 2/11/2013 11:37 PM
Right here this makes the case that the way the trade policy is designed it does NOTHING about Asian Pollution standards. Yet these exporting nations can dump their products on other nations that have strict Pollution standards. This makes for unfair production values and is why we are losing our industrial base unfairly!
http://www.youtube.com/watch?feature=player_embedded&v=CiIaPhvHa-w
WASHINGTON, D.C.– A leak today of one of the most controversial chapters of the Trans- Pacific Partnership (TPP) reveals that extreme provisions have been agreed to by U.S. officials, providing a stark warning about the dangers of “trade” negotiations occurring under conditions of extreme secrecy without press, public or policymaker oversight, Public Citizen said.
“The outrageous stuff in this leaked text may well be why U.S. trade officials have been so extremely secretive about these past two years of TPP negotiations,” said Lori Wallach, director of Public Citizen’s Global Trade Watch. “Via closed-door negotiations, U.S. officials are rewriting swaths of U.S. law that have nothing to do with trade and in a move that will infuriate left and right alike have agreed to submit the U.S. government to the jurisdiction of foreign tribunals that can order unlimited payments of our tax dollars to foreign corporations that don’t want to comply with the same laws our domestic firms do.”
Although the TPP has been branded a “trade” agreement, the leaked text of the pact’s Investment Chapter shows that … READ THE REST below the Youtube video (Leaked TPP Draft: Global Corporate Dictatorship; posted by TinFoilAddict; 6/14/13)
Here is Obama’s biggest Environmentalist Czar [John P. Holdren] and he is taking down the market with the trade policy. So right there you have to ask WHY???
(CNSNews.com) – In a video interview this week, White House Office of Science and Technology Director John P. Holdren told CNSNews.com that he would use the “free market economy” to implement the “massive campaign” he advocated along with Population Bomb author Paul Ehrlich to “de-develop the United States.”
In his role as President Barack Obama’s top science and technology adviser, Holdren deals with issues ranging from global warming to health care.
“A massive campaign must be launched to restore a high-quality environment in North America and to de-develop the United States,” Holdren wrote along with Paul and Anne H. Ehrlich in the “recommendations” concluding their 1973 book Human Ecology: Problems and Solutions.
“De-development means bringing our economic system (especially patterns of consumption) into line with the realities of ecology and the global resource situation,” Holdren and the Ehrlichs wrote.
http://www.mrctv.org/public/checker.aspx?v=hdkU8zuznz
(READ THE REST: White House Science Czar Says He Would Use ‘Free Market’ to ‘De-Develop the United States’; By Nicholas Ballasy; CNS News; 9/16/10)
And especially when the same group of supporters are begging this President to change this path of destruction we are on we must ask, “why – why – why???”
http://economyincrisis.org/wto
The World Trade Organization is a self serving and undemocratic organization that operates outside of our control. The U.S. Constitution states that all treaties made under the authority of the United States become supreme law of the land (Article VI). When our government stymied under pressure from foreign-represented lobbyists and signed the WTO treaty our government effectively weakened our sovereignty.
Our laws, regulations and administrative procedures are now open to challenge.
Since entering the WTO in 2001, trade with China has resulted in the loss of 2.8 million jobs through 2010, according to the most recent study by the Economic Policy Institute. Those fortunate enough to retain their jobs witnessed their annual earnings decrease by roughly $1,400. American workers are put in direct competition with one another as more and more employers look to offshore production to nations with lower wage rates.
Jobs losses have affected every sector of the economy in both white and blue-collar occupations. Over that time we … READ THE REST (The WTO Now Controls Our Economy, Fate and Future; Economy in Crisis)
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Watch this it is Lou Dobbs on Fox Business. It’s only 5 mins
Sent: 2/12/2013 11:27 AM
[SlantRight Editor: Lou Dobb is in an interview discussing the potential reasoning for why President BHO is accruing a huge stockpile of ammunition and comparing that with BHO past speeches on building a well equipped uniformed national police force.]
http://www.youtube.com/watch?v=MOhn9RmV5Yc
Now inject This Market Traders Comments …… Karl Denninger
[SlantRight Editor: Denninger talks about an economic collapse in 2013[
http://www.youtube.com/watch?feature=player_embedded&v=j5pOEyllZm8
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Tony Newbill Response to this email I sent him:
What do you think of the idea that Russia and China are hoarding gold? The theme of an article I found on The Economic Collapse asserts that Russia and China are hoarding gold as a precursor to end the prominence of the US Dollar, the currency of exchange among the OPEC nations. In other words it is a ceasing the use of the petro-dollar.
http://theeconomiccollapseblog.com/archives/petrogold-are-russia-and-china-hoarding-gold-because-they-plan-to-kill-the-petrodollar
RE: Russian and Chinese Gold
Sent: 2/13-14/13
Get Far Away From USA…Its Collapse Will Be Messy… Globally, Japan Will Be The First One To Fall… This Is The Most Dangerous Time In The Human History… We Are Heading Toward A Historic Global Financial Meltdown!!
[SlantRight Editor: At this point in the article there was a video with a similar title. Youtube removed the account from which the video was embedded. Below is also a similar title but I am unsure if it was the original intended video by the author of the article.]
VIDEO: Get far away from USA…its collapse will be messy: Jeff Berwick
Yes, the Dow and S&P500 hit new highs. But the rally’s hiding huge risks: “GDP turns negative as U.S. economic recovery stalls,” screams one headline. Another hears a “Ticking Time Bomb.”
World’s central bankers at Davos warn cheap money’s blowing a new asset bubble. Dr. Doom, Marc Faber, “loves the high odds of a ‘big-time’ market crash.” Another, Nouriel Roubini, says “prepare for a perfect storm,” while Bond King Bill Gross sees a “credit supernova” dead ahead.
Rally? Bubble? Crash? Global? Is the economy “peaking?” Are we on a long, slow-growth downhill slide to a 1% GDP? Is our banking system infested with a soul-sickness virus? Is Adam Smith’s capitalist ideal turning against our markets and economy, accelerating the odds of more brutal competitive wars over an ever-shrinking, low-margin profits pool?
John this will cause the break away from the dollar as Argentina will defect from the dollar as settlement currency and fold in with China. I bet Argentina freezes prices to break the inflation spiral.
http://www.myfoxny.com/story/20958959/argentina-freezes-prices-to-break-inflation-spiral
BUENOS AIRES, Argentina (AP) — Argentina announced a two-month price freeze on supermarket products Monday in an effort to break spiraling inflation.
The price freeze applies to every product in all of the nation’s largest supermarkets — a group including Walmart, Carrefour, Coto, Jumbo, Disco and other large chains. The companies’ trade group, representing 70 percent of the Argentine market, reached the accord with Commerce Secretary Guillermo Moreno, the government’s news agency Telam reported.
…
The government announced the price freeze on the first business day after the International Monetary Fund formally censured Argentina for putting out inaccurate economic data. The IMF has given Argentina until September to bring its statistics up to international standards, or face expulsion from the world body in November.
… (READ IN ENTIRETY: Argentina freezes prices to break inflation spiral; By ALMUDENA CALATRAVA; MyFoxNY.com; Posted: Feb 04, 2013 12:51 PM CST Updated: Feb 18, 2013 12:51 PM CST)
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Hey take a Look at this…
Sent: 2/16/2013 9:45 AM
Hey take a Look at this … More Fascism to corrupt the economic system and an alliance to network on data mining???
Hey Wall Street Who Needs True value Growth when all you have to do is Kiss up to the State and fold into the Harness of Tyranny!!!!
http://www.businessweek.com/articles/2013-02-15/facebook-gets-a-multi-billion-dollar-tax-break
It hasn’t drawn much attention, but Facebook’s first annual earnings report contains an accounting gem: a multibillion-dollar tax deduction for the cost of executive stock options and share awards.
Even though Facebook (FB) reported $1.1 billion in pre-tax profits from U.S. operations in 2012, it will probably pay zero federal and state taxes—and even receive a federal tax refund of about $429 million—according to a Feb. 14 statement from Citizens for Tax Justice.
… (READ THE REST: Facebook Gets a Multibillion-Dollar Tax Break; By Peter Coy; Bloomberg Businessweek; 3/15/13)
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USDA Promoting Racial Division at Taxpayer Expense
Sent: 2/17/2013 8:58 AM
Why????????????????
Government watchdog Judicial Watch has released video footage of a sensitivity training produced by the United States Department of Agriculture, a training mandatory for USDA employees. The footage reveals the instructor telling class attendees he doesn’t like the word “minorities” but instead prefers “emerging majorities.” He also tells the class pilgrims were illegal aliens and that the “insiders” of America get nervous about the “outsiders.”
“Say the pilgrims never gave their passport to the Indians,” he said to the class while creepily asking for reinforcement of his points through chanting of “bam.” “I want you to say the pilgrims were illegal aliens.”
VIDEO: Clip 2: USDA respecting its “cultural transformation” training session
VIDEO: Clip 3: USDA “cultural transformation” training session
First off, why are taxpayers paying for sensitivity training at all and second, why is the USDA diving into diversity education?
Meanwhile, the USDA is offering Hispanics and females who felt they were discriminated against between 1981 and 2000 a $1.3 billion payday.
… (READ THE REST: USDA Promoting Racial Division at Taxpayer Expense; By Katie Pavlich; Townhall; Feb 15, 2013 03:20 PM EST)
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The Trigger has been pulled, the Crash has begun. How are things going to play out? My Take
Sent: 2/24/2013 10:52 AM
We have obviously crossed the threshold folks, things are falling apart by the day and the game of Kick the Can has at long last gone as far as it can. The rest of the World no longer has a choice, the United States is no longer the big bully on the playground who won WWII and their fingers are no longer so firmly around the throat of the planet. The long lunatic nightmare of Bernanke monetary ponzi schemes cannot continue.
It will be interesting to see what their plan is to try and switch the U.S. (and possibly the World) to a new currency system. My take?
There will be an immediate bank holiday across the board, stopping all transactions of any kind in all avenues of banking and stock markets. This will likely happen on a Friday afternoon, and there will be no warning. A temporary state of martial law will be instituted, in which people are told to basically stay at home as though they are taking a sudden ‘cheap holiday’ and things like trucking of supplies of normal groceries and the like will be the only thing still going on under strict military rules, keeping all emergency supplies of diesel available to those lines of credit used for that infrastructure. Military escorts of supply convoys will be the only thing moving on U.S. highways for perhaps several weeks until they restart the engine under the new rules. Police in all cities will be given total freedom to ‘shoot first, ask questions later’ for any deviation from total movement restriction of citizens. Examples will be made, and the media will carpet bomb the public with this message.
The U.S. will lock down the dollar (both digital and paper) to a complicated SDR basket of currencies around the World, the Canadian dollar will figure heavily in this. This will obviously include devaluation across the board of many world currencies, and some of the currencies (like our Canadian dollar) will also be strictly controlled during this time (wanna know why we care so much? 90% of our economy is still directly tied to you Yanks) The U.N. and IMF will be token heads of an emergency council that all countries of the World will have no choice but to agree to (barring a few examples in the Middle East and North Korea, Cuba, a few South American countries, etc).
Debt restructuring will be performed from top to bottom. The 1.4 Quadrillion derivatives bubble will … (READ THE REST: The Trigger has been pulled, the Crash has begun. How are things going to play out? My take…; InvestmentWatch; 2/22/13)
This is the stage in which the EU will shift to a Yuan settlement Currency, dividing the EU and USA for first time since WW2 and cause the dollar to collapse and Hyper inflation on goods and services in the USA.
They are going to demonstrate in front of the House of Representatives. People is fed up with politicians’ corruption and private debt. Far-right and far-left groups are marching along with liberals, libertarians, social-democrats, conservatives, communists, anarchists against the political corruption.
A Government’s representative has said that this demonstration is a coup d’état. Hope everything goes fine.
Greece might stop paying salaries by summer
As EU bankers squeeze Greece beyond its ability to pay, the social consequences mount.
Unions question the wisdom of austerity as unemployment grows and a contracting economy means less tax revenue.
Greece’s austerity policies could create a crisis of insolvency within the country, undermining the very reason they were implemented – to repay the country’s debt – says the country’s biggest labour confederation.
“I am afraid that we may see a phenomenon that could cause a social explosion,” says Savvas Robolis, scientific director for the Labour Institute of the General Confederation of Workers in Greece (GSEE), the private sector’s confederation of unions. “Right now many people can’t pay their taxes. That’s why state revenue fell 300 million euros ($395m) short of January targets. If that continues, I don’t know if the state will be able to meet its obligations by June or July. It may not have the cash to pay salaries and pensions.”
The state heavily subsidises approximately 1.3 million pensions, according to finance ministry data. It also pays the salaries of almost 800,000 state employees, roughly a quarter of all people still working in the country. Failure to pay those pensions and salaries in full would greatly impact on the state’s own tax revenues, and therefore … (READ THE REST: IMPLOSION ALERT: Europe On The Verge of A Social, Political, Systemic Breakdown And The Last Remaining Hope To Save Europe Is Slipping Away; InvestmentWatch; 3/23/13)
Here is the China Yuan currency deal taking shape between EU and China:
Bank of England closes in on China currency deal
Sir Mervyn King, Governor of the Bank of England, is on the brink of striking a deal with the People’s Bank of China which would cement the UK’s role as the leading G7 trade hub for the world’s fastest growing currency.
The Bank of England expects to sign a final agreement to set up a three-year yuan-sterling swap line “shortly”, during a meeting between Sir Mervyn and his counterpart Zhou Xiaochuan in Beijing.
European and US officials have been pressing China for years to do more to open up the yuan to market forces, saying its artificial weakness was one of the key imbalances of the global economy.
Beijing is slowly delivering, although it still keeps a tight rein on gains for the currency for fear it will weaken its export-powerhouse economy, which has been the biggest engine of global growth for a decade.
… (READ THE REST: Dollar Collapse Update: Bank of England Closes In On China Currency Deal, Fed Downplays New Bubble Worries And Already Planning QE5, G20 & IMF Push for Global Fed, Global Currency, And World’s Largest Gold Storage Dumping US Customers!! InvestmentWatch; 2/23/13)
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Would the stock market be as high if this were not going on????????
Sent: 3/5/2013 9:33 AM
$253.5B—Obama Borrowed Nearly 6x as Much in February as Sequester Cuts All Year
http://cnsnews.com/news/article/2535b-obama-borrowed-nearly-6x-much-february-sequester-cuts-all-year
…
In its Budget and Economic Outlook for Fiscal Years 2013-2023, published in February, the CBO explained that only $44 billion in planned federal spending will be cut during this fiscal year as a result of sequestration.
The CBO also says additional cuts that will be “attributable” to fiscal 2013 will actually take place “in later years”—not in fiscal 2013.
“By CBO’s estimate, budgetary resources for defense (other than spending for military personnel) will be cut by around 8 percent across the board, and nondefense funding that is subject to the automatic reductions will be cut by between 5 percent and 6 percent,” said CBO. According to that estimate, discretionary outlays will drop by $35 billion and mandatory spending will be reduced by $9 billion this year as a direct result of those procedures; additional reductions in outlays attributable to the cuts in 2013 funding will occur in later years.”
The combined $35 billion in discretionary cuts and $9 billion in mandatory cuts—or $44 billion–that will actually take place this year equal approximately one-sixth of the new debt the federal government accumulated in February.
Bottomline: In February alone, the government borrowed nearly 6 times as much as it intends to save with the sequester over the rest of the fiscal year. (READ IN ENTIRIETY: $253.5B—Obama Borrowed Nearly 6x as Much in February as Sequester Cuts All Year; By Terence P. Jeffrey; CNSNews.com; 3/4/13)
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Gang way to the Global Currency war and dollar collapse
Sent: 3/9/2013 10:44 AM
The rally right now is going to cause an epic currency war of the worlds to break out very soon as food prices and defection from the dollar emerge. Last Month’s 253 Billion dollar Cash Expansion in buying t-Bills and MBS away from the banks by the Fed is a tell tale sign of just how bad things have become. This cash going into the market is fueling foreign nations’ inflation that will force them to reject the dollar. The market will ricochet like a rocket when China offers these 2 nations [Australia and New Zealand] an option to trade without the dollar as their settlement currency. Once this domino falls, it will set off a series of rejections in the EU and its OVER for the dollar as the world trade currency and we will see an explosion of inflation in the USA on existing supply. Whatever Little bit of Foreign supply we import, Oil will rocket to the point that Obama will have to declare a National emergency and nationalize the markets. The Ammo and armaments build up are for this.
Here’s a signal of how the Global Food riots will cause the breakdown of the Dollar trade currency war that’s coming. We saw it bring on the 2008 collapse and it’s here again because all the real cash investments have been consolidating into Ag related Investments over the past 4 years since the financial collapse and the Federal Reserve has accelerated this now to the point we are going to see this finale ……
The U.S. dollar is gaining marginal strength against Australian and New Zealand currencies, which makes our dairy exports slightly less competitive.
“The weakness in the Australian and New Zealand dollars is tied to potential problems with the Chinese economy,” says Jim Dunn, an agricultural economist with Pennsylvania State University.
“The Chinese government is trying to limit speculative property investment. China has been building expensive apartments and office complexes without any market to occupy these buildings for years, and this bubble might burst.”
The Australian and New Zealand economies are tied closely to exports they send to China, says Dunn. Dairy exports are crucial to both the Australian and New Zealand economies, and a loss of even a portion of the Chinese market would be felt worldwide as more Aussie and Kiwi dairy products would become available for sale elsewhere.
… (READ THE REST: Chinese Real Estate Bubble Could Deflate Dairy Markets; By Jim Dickrell, Dairy Today Editor; AgWeb.com; 3/6/13)
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Allan Savory: How to green the desert and reverse climate change
Sent: 3/9/2013 1:26 PM
[SlantRight Editor: The above link is to a proprietary video on Green info and Climate Change.]
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Private Profit Prisons and their Influence on Gun Rights Changes – needs Investigation NOW
Sent: 3/10/2013 10:32 AM
How does being a For Profit Detention Corporation keep from Lobbying for Reforms to say Gun Rights and or any other Constitutional Changes to create More and More Criminal traffic to increase their profits???? Think what the Possibilities are here for them to Lobby for a Mental Health Gun Law Change that would Open up the expansion of their Facilities in their Housing of a Mental Health Criminals that was for example Caught in possession of a weapon thus creating the expansion to drive up PROFITS????? I BET These people are Lobbying the Federal Government Right Now for Gun Law Changes. They are getting to draft the Mental Health Provisions that Determine a Person’s State of Mind to Possess a Gun that will make them a Potential criminal for these Profit Prisons to Capitalize on with tax Payer bailout Money from the 2008 Bailouts. Plus I bet they are getting a Capital Injection through Investment vehicles that access Federal Reserve Discount window Funding as in how the QE Spending that’s Been going on.
http://ir.correctionscorp.com/phoenix.zhtml?c=117983&p=irol-irhome
Corrections Corporation of America is the nation’s largest owner and operator of privatized correctional and detention facilities and one of the largest prison operators in the United States, behind only the federal government and three states. CCA currently owns and operates more than 65 facilities including 47 company-owned facilities, with a design capacity of more than 90,000 beds in 19 states … More
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Biggest threat to Liberty in America and the Most Egregious form of Fascism ever seen in the USA!!!!!
Sent: 3/10/2013 12:38 PM
Here’s a ton of research that proves this is the Biggest threat to Liberty in America and the Most Egregious form of Fascism ever seen in the USA!!!!!
http://apainfultruth.com/private-prisons/
Private Prisons are created by corporations who are now allowed to take control of something that should remain in the governments (sic) hands… the imprisoning of its citizens. The ethical implications of this are endless and it has turned prisoners into products. Corporations have one goal… to increase revenue each year. The only way private prisons do that is by incarcerating more and more people. They do this though the typical means that large corporations use… they lobby congress aggressively and donate to politicians who will champion new legislation that assures more and more people are placed in prison.
“Private prison companies… have worked hard over the past decade to create markets for their product. As revenues of private prison companies have grown over the past decade, the companies have had more resources with which to build political power, and they have used this power to promote policies that lead to higher rates of incarceration.” (Justice Policy Institute)
HOW COMPANIES EXPLOIT INMATES
Phone companies charge astronomical rates for prisoners to call out making it difficult if not impossible for them to stay connected to family, which is imperative to their stability upon release. Dial Back Phone Rates for Prisoners
“In many state prison systems, what on the outside would be a 10-cent call costs $9.”
(Elsner, Alan (2006). Gates of Injustice: The Crisis in America’s Prisons (p. 47)
Many prisons require inmates to work, which is reasonable. However, the monitary (sic) compensation is not and neither is the exploitation that happens with “free” prison labor. Prisoner’s make pennies on the dollar, some as little as .17 cents an hour, for large corporations who prosper from free “slave” labor. (READ THE REST: Private Prisons Turn Inmates Into Commodities; A Painful Truth)
http://www.thenation.com/article/173120/how-private-prisons-game-immigration-system#
…
Damon Hininger, the chief executive of CCA, sounded an optimistic note when asked about the impact of reform on an investor call earlier this month, noting, “There’s always going to be a demand for beds.”
In recognition of the profits at stake, the prison companies have invested in key legislators leading the reform process—although the companies are coy about their purpose, denying that they are attempting to influence Congress’s deliberations.
Their lobbying efforts are nothing new. CCA and other large private prison companies have forged ties with political insiders by spending huge sums on lobbying firms, campaign contributions and grants to friendly think tanks. An analysis by the Associated Press last year found that the three major private prison corporations—CCA, the Geo Group, the industry’s largest two companies, along with a smaller company, the Utah-based Management and Training Corporation—spent roughly $45 million over the past decade to influence state and federal government.
The private prison industry has cultivated support from Republican leaders on immigration policy, from Senator Marco Rubio, the “face of comprehensive immigration reform,” to the right edge of the House Republican caucus, a review by The Nation has found.
Unlike other stakeholders involved in today’s process, prison companies have stayed away from the headlines, and have told reporters that they are not planning to engage.
… (READ IN ENTIRIETY: How Private Prisons Game the Immigration System; By Lee Fang; The Nation; 2/27/13)
http://www.wistv.com/story/16956452/report-slams-arizonas-private-prisons
A study by the American Friends Service Committee says privately run prisons are not cost-effective and are more difficult to monitor than state-run correctional facilities.
The Quaker advocacy group says Arizona paid $10 million more for private prison beds between 2008 and 2010 than it would have for equivalent beds in state prisons.
That report also alleges 157 security failures in the five private prison, including malfunctioning cameras, doors, and alarms; holes under fences; and broken perimeter lights and cameras.
A spokesman for the State Department of Corrections says they haven’t had sufficient time to review the report. (Report slams Arizona’s private prisons; By Sarah Cantey; wistv.com; Updated: Feb 16, 2012 9:50 PM CST)
Private Profit Prisons and their Influence on Gun Rights Changes needs Investigation NOW!
The Prison Industry in the United States: Big Business or a New Form of Slavery?
Human rights organizations, as well as political and social ones, are condemning what they are calling a new form of inhumane exploitation in the United States, where they say a prison population of up to 2 million – mostly Black and Hispanic – are working for various industries for a pittance. For the tycoons who have invested in the prison industry, it has been like finding a pot of gold. They don’t have to worry about strikes or paying unemployment insurance, vacations or comp time. All of their workers are full-time, and never arrive late or are absent because of family problems; moreover, if they don’t like the pay of 25 cents an hour and refuse to work, they are locked up in isolation cells.
…
“The private contracting of prisoners for work fosters incentives to lock people up. Prisons depend on this income. Corporate stockholders who make money off prisoners’ work lobby for longer sentences, in order to expand their workforce. The system feeds itself,” says a study by the Progressive Labor Party, which accuses the prison industry of being “an imitation of Nazi Germany with respect to forced slave labor and concentration camps.”
The prison industry complex is one of the fastest-growing industries in the United States and its investors are on Wall Street. “This multimillion-dollar industry has its own trade exhibitions, conventions, websites, and mail-order/Internet catalogs. It also has direct advertising campaigns, architecture companies, construction companies, investment houses on Wall Street, plumbing supply companies, food supply companies, armed security, and padded cells in a large variety of colors.”
…
PRIVATE PRISONS
The prison privatization boom began in the 1980s, under the governments of Ronald Reagan and Bush Sr., but reached its height in 1990 under William Clinton, when Wall Street stocks were selling like hotcakes. Clinton’s program for cutting the federal workforce resulted in the Justice Departments contracting of private prison corporations for the incarceration of undocumented workers and high-security inmates.
Private prisons are the biggest business in the prison industry complex. About 18 corporations guard 10,000 prisoners in 27 states. The two largest are Correctional Corporation of America (CCA) and Wackenhut, which together control 75%. Private prisons receive a guaranteed amount of money for each prisoner, independent of what it costs to maintain each one. According to Russell Boraas, a private prison administrator in Virginia, “the secret to low operating costs is having a minimal number of guards for the maximum number of prisoners.” The CCA has an ultra-modern prison in Lawrenceville, Virginia, where five guards on dayshift and two at night watch over 750 prisoners. In these prisons, inmates may get their sentences reduced for “good behavior,” but for any infraction, they get 30 days added – which means more profits for CCA. According to a study of New Mexico prisons, it was found that CCA inmates lost “good behavior time” at a rate eight times higher than those in state prisons.
IMPORTING AND EXPORTING INMATES
Profits are so good that now there is a new business: importing inmates with long sentences, meaning the worst criminals. When a federal judge ruled that overcrowding in Texas prisons was cruel and unusual punishment, the CCA signed contracts with sheriffs in poor counties to build and run new jails and share the profits. According to a December 1998 Atlantic Monthly magazine article, this program was backed by investors from Merrill-Lynch, Shearson-Lehman, American Express and Allstate, and the operation was scattered all over rural Texas. That state’s governor, Ann Richards, followed the example of Mario Cuomo in New York and built so many state prisons that the market became flooded, cutting into private prison profits.
After a law signed by Clinton in 1996 – ending court supervision and decisions – caused overcrowding and violent, unsafe conditions in federal prisons, private prison corporations in Texas began to contact other states whose prisons were overcrowded, offering “rent-a-cell” services in the CCA prisons located in small towns in Texas. The commission for a rent-a-cell salesman is $2.50 to $5.50 per day per bed. The county gets $1.50 for each prisoner.
… (READ IN ENTIRIETY: The Prison Industry in the United States: Big Business or a New Form of Slavery? By Vicky Pelaez; GlobalRearch; 3/10/08)
Oh My God The Powerful elite in Washington that want More Power and these Private prison Corporations lobbying for More Laws that Put people behind bars will supersede Civil Rights around the edges. Given the Limited Boundaries in the New laws like the NDAA [Background on NDAA 2013 and Civil Liberties] opens the door to this Private Prison Industry to BOOM!!! This is a Bad thing for Civil Liberties to stay alive!!!!!
http://www.salon.com/2011/12/01/how_private_prisons_game_the_system/
Corporate jails are corrupt, violent and costly. And they’re lobbying hard to get more people behind bars
…
While the implications of an industry that locks human beings in cages for profit is an old story, there is an important part of the history of private prisons that often goes untold.
Just a decade ago, private prisons were a dying industry awash in corruption and mired in lawsuits, particularly Corrections Corporation of America (CCA), the nation’s largest private prison operator. Today, these companies are booming once again, yet the lawsuits and scandals continue to pile up. Meanwhile, more and more evidence shows that compared to publicly run prisons, private jails are filthier, more violent, less accountable, and contrary to what privatization advocates peddle as truth, do not save money. In fact, more recent findings suggest that private prisons could be more costly.
So why are they still in business?
In a recently published report, “Banking on Bondage: Mass Incarceration and Private Prisons,” the American Civil Liberties Union examines the history of prison privatization and finds that private prison companies owe their continued and prosperous existence to skyrocketing immigration detention post-September 11 as well as the firm hold they have gained over elected and appointed officials.
…
Immigration Detention Saves the Day
In 1999, independent auditors were skeptical about whether CCA could stay afloat because beds were empty and the company experienced a $72 million net loss in revenue. By 2000, an article in BusinessWeek declared “the industry is in a rut, and its prospects have been severely trimmed. Overbuilding and ill-fated financial schemes have hammered stock prices. States, once eager to outsource their inmates, are backing out of private prison contracts. News of escapes and violence at private prisons adds to a climate of distrust.” The article concludes that “the industry’s heyday may already be history.”
…
With demand down, private prisons were forced to seek out new markets if they were to survive, so they turned to immigration detention. …
…
According to the ACLU report, heightened immigration enforcement following the 2001 terrorist attacks were largely responsible for resurrecting the private prison boom,…
…
Since 2001, CCA revenues have increased 88 percent, earning over $1 billion annually for the last eight years in a row. Today, CCA receives 40 percent of its business from the federal government, including Immigration and Customs Enforcement and the Federal Bureau of Prisons. GEO Group revenues shot up as well, from $517 million in 2002 to $1.3 billion in 2010, a 121 percent increase.
…
Gaming the System
Although these companies are increasingly depended on immigration detention, they have not given up on the criminal justice market. For private prisons whose profits are dependent on a constant and growing pool of prisoners, that means supporting policies that maintain and even increase the incarceration rate. For inmates, that translates to longer sentences, unsanitary conditions, and as Shapiro documents in the ACLU report, brutal violence, corruption, and abuse with little to no oversight.
“Leniency and sentencing changes actually pose a threat to business models of these companies. The more crime there is the more business private prison companies get, and the more strict sentencing laws there are the more taxpayer money is poured into private prison companies incarcerating individuals for nonviolent offenses,” says Shapiro.
…
In other words, a more humane criminal justice and immigration detention system threatens the very existence of these companies, and according to the ACLU report, they have flooded government at the state and federal level with cash and armies of lobbyists to keep the laws as harsh and cruel as ever.
That explains why CCA spent over $18 million on federal lobbying between 1999 and 2009 and has spent $970,000 on federal lobbying in 2010 alone. As for state government influence-peddling, the ACLU report cites a study by the National Institute on Money in State Politics which found that from 2003 to 2011 CCA hired 199 lobbyists in 32 states while GEO Group hired 72 lobbyists in 17 states.
The Justice Policy Institute (JPI) released a comprehensive report in June called “Gaming the System,” that comprehensively lays out the tactics private prison companies exercise to push for tougher sentencing policies that add to the private prison population. While their strategy is built largely around campaign contributions and lobbying, they also cultivate and maintain special relationships with current and former elected and appointed officials, which can lead to disastrous consequences.
The Human Cost
Despite numerous cases of corruption, the private prison industry continues to thrive with little oversight, largely due to a revolving door between public and private corrections that, according to Shapiro, “may contribute to the ability of some companies to win contracts or to avoid sufficient scrutiny from the corrections departments charged with overseeing their operations.”
… (READ IN ENTIRIETY: How private prisons game the system; By Rania Khalek; Salon.com; 12/01/11 07:00 AM CST)
http://seattlefreepress.org/2012/05/16/private-prisons-lobby-for-harsher-sentences/
If you’re looking for one of the reasons why the United States imprisons more people — by miles — than any other nation, you can look to the development of private prisons as a means of making some people rich. Those people spend millions of dollars to lobby elected officials to do two things: Convert government-run prisons to private prisons, and lock up more people for longer periods of time. Because that makes them even richer.
A new study by the Justice Policy Institute reaches exactly that conclusion and … (READ THE REST: Private Prisons Lobby for Harsher Sentences; Seattle Free Press; 5/16/13 7:18 pm)
http://www.apfn.org/apfn/private-prisons.htm
…
Private Prisons, Politics & Profits
http://www.followthemoney.org/press/ZZ/20000701.phtml
Torture in US Prisons
http://www.freedomsphoenix.com/Article/078650-2010-11-14-torture-in-us-prisons.htm____________________
VIDEO: US judges tragic kickback greed exposes prison system profiteering
… (READ OR VIEW IN ENTIRIETY: Private Prisons – for Profit Out of Control; apfn.org; Last updated 08/06/2011)
A State and or Federal Revenue stream should fund these facilities and their success should be based off of a Lower prison population due to an Active and Productive society and community in a State or Federal jurisdiction that’s positively productive and this leading to a Lower amount of Crime. We cannot lower crime if the society is Idle and not being self-providing and creating a self-respecting feeling of accomplishment that leads to Honor, Respect and Dignity in a people!!!! That should be the Goal of a Community organizing system. Not just getting government assistance and then the Denigration of Self-respect be what lowers self-esteem and leads to negative behavior. A person’s Ambitions and goal setting should be the Plan of setting the course of Creating a hopeful and healthy Society.
This looks like the Exact Opposite of what we as a society should be looking for in productivity in building a sustainable economy!!!
Nearly half of all immigrants detained by federal officials are held in facilities run by private prison companies, at an average cost for each detained immigrant is $166 a night. That’s added up to massive profits for Corrections Corporation of America, The GEO Group and other private prison companies:
…
As the AP explains, these remarkable profits come in the wake of an equally remarkable lobbying campaign. In the past decade, three major private prison companies spent $45 million on campaign donations and lobbyists to push legislation at the state and federal level. At times, this money has gone to truly nefarious legislation. A 2011 report found that the private prison industry spent millions seeking to increase sentences and incarcerate more people in order to increase the industry’s profits. … (READ IN ENTIRIETY: Private Prisons Spend $45 Million On Lobbying, Rake In $5.1 Billion For Immigrant Detention Alone; By Aviva Shen; Think Progress; 8/03/12 12:00 pm)
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© Tony Newbill
Edited by John R. Houk
Know your Dollar – Explore Porter Stansberry Ad
John R. Houk
© March 30, 2013
Below is the 51 page text of the video that pitches a subscription to Stansberry’s Investment Advisory. When you get weary of the promoted video or actually watch it to its end then “X” out of the webpage then you will get the pop-up that asks to if you desire to leave the page or stay on the page. If you choose “stay” you are transferred to the text I wrote below.
Stansberry often advertises via Conservative websites with some kind of hook similar to the “WARNING” in the opening paragraph. I am not necessarily a promoter of Stansberry’s business opportunities however the pitch leading up to the product promoted is often informative. This is one of those cases.
This huge article is something that is very informative on a perspective of the U.S. Dollar’s future viability as the global currency. Of course the essential problem appears to be the Dollar is based on debt rather than precious metals such as gold, silver and etc.
I grasp history better than economics so a little of the terms in this sales pitch is something I had to look up to understand it. For example I was clueless on the significance of the International Monetary Fund’s (IMF) creation of a back-up monetary reserve that is not an actual currency but is based on the weight of value of major nations of which currently the USA is the primary nation. This IMF back-up monetary reserve is called Special Drawing Rights (SDR):
… defined on the IMF website as,
“…an international reserve asset, created by the IMF in 1969 to supplement the existing official reserves of member countries.
The SDR is neither a currency, nor a claim on the IMF. Rather, it is a potential claim on the freely usable currencies of IMF members. Holders of SDRs can obtain these currencies in exchange for their SDRs in two ways: first, through the arrangement of voluntary exchanges between members; and second, by the IMF designating members with strong external positions to purchase SDRs from members with weak external positions. In addition to its role as a supplementary reserve asset, the SDR serves as the unit of account of the IMF and some other international organizations.” (Collapse of the Dollar – Only One “Party” can Speak the Truth; by Lee Cary; TeaParty911.com; 2/27/13 7:38 PM; READ ENTIRITY)
If you are like me you may desire a greater understanding of SDRs for it is a key component of the below essay. So for extra reading here are some links:
o Gold Will Play A Key Role In Emerging Global Monetary Order
o IMF calls for dollar alternative
o Special Drawing Rights: The SDR Fact Sheet
o Replacing the Dollar with Special Drawing Rights—Will It Work This Time?
JRH 3/30/13
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Stansberry’s Investment Advisory pitch. Porter Stansberry 2-2013
http://pro.stansberryresearch.com/1302PSIEOA1Y/LPSIP3JJ/
|
WARNING: |
What you are about to read is controversial, and may be offensive to some audiences. Reader discretion is advised. |
Hello. My name is Porter Stansberry.
Fourteen years ago, I founded Stansberry & Associates Investment Research. It has since become the largest firm of its kind in the world. We specialize in financial research, and serve hundreds of thousands of paid subscribers in more than 120 countries.
You may know of our firm because of the work we did over the last several years – helping investors avoid the big disasters associated with Wall Street’s collapse.
We warned people to avoid Fannie Mae and Freddie Mac, Lehman Brothers, General Motors and dozens of other companies that have since collapsed.
We even helped our subscribers find opportunities to profit from these moves by shorting stocks and buying put options. To my knowledge, no other research firm in the world can match our record of correctly predicting the catastrophe that occurred in 2008, and the rebound that has occurred since then.
The video presentation we created three years ago, to explain the financial crisis, and our thoughts on what would happen next, has become the most-watched on-line financial video in history, as far as we can tell.
But that’s not why I created this follow-up presentation.
I reference our success and experience with Wall Street’s latest crisis because we believe there is an even bigger crisis lurking –something that will shake the very foundation of America.
I know that to most people, the situation seems to be getting better. Stocks have recovered nearly all their losses. Real estate has rebounded. Unemployment and bankruptcies have dropped. But here’s the thing:
The unfortunate reality is that we are actually in a much more dangerous and precarious place today than we were five years ago.
And that is why I’ve spent a significant amount of time and money in the past few months preparing this presentation.
In short, I want to talk about a specific event that will take place in America’s very near future… which could actually bring our country and our way of life to a grinding halt.
This looming crisis is … READ FROM THIS POINT AT SlantRight 2.0
Tony Newbill Conspiracy Theory Emails – 1/30/13 to 2/2/13
Tony Newbill sends emails to me relating to what many would call Conspiracy Theory. Too often the thought of ‘Conspiracy Theory’ is thought of in the pejorative sense. Most of the data that Tony Newbill sends me is something I agree with. Ergo, in my book a better description is Conspiracy Fact. Even so predictive conclusions are still theories even if they are credible predictions. So I will stick to ‘Conspiracy Theory’ yet in a positive predictive sense rather than the typical pejorative sense that status quo thinkers grudgingly stick to.
With no further adieu here are a series of Tony Newbill emails that should give you pause in future planning. I may include expansive excerpts of some of the links and/or include some of my thoughts along the way.
(Yup, this is the same introduction to a similar Tony Newbill post on 3/13/13.)
JRH 3/16/13
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CIA and FACEBOOK Working Together – Listen to Frame 3:00
Sent: 1/21/2013 7:26 AM
http://www.youtube.com/watch?feature=player_embedded&v=5b82o3D0weQ
______________________
Here are some talking points…….
Sent: 1/30/2013 9:27 AM
Why are we sending Abrams tanks and F-16s to the Brotherhood when this is going on?
http://shoebat.com/2013/01/28/islam-and-cannibalism/
Islam and Cannibalism
In the future, the Egyptian Islamists will not only be conducting systematic violence, but cannibalism against Christians and moderates.
In a recent video interview, one Egyptian scholar exposed the high school curriculum coming from Al-Azhar University, the most reputable of all Islamic schools, showing that it condoned cannibalizing non-Muslims:
We allowed the eating of the flesh of dead humans… under necessary conditions. It [dead human flesh] must not be cooked or grilled to avoid Haram (wrongdoing) …and he can kill a murtadd (apostate) and eat him
The interviewer commented:
The book that is being taught to general high-school students mentions that those who don’t pray can be grilled & then eaten
VIDEO: Egypt Salafist University: It’s OK to kill unbelievers and eat them
Al-Azhar finds their support for cannibalism in Islamic authority According to Al-Shafie, who is considered to be the founder of Islamic jurisprudence:
One may eat the flesh of a human body. It is not allowed to kill a Muslim nor a free non-Muslim under Muslim rule (because he is useful for the society), nor a prisoner because he belongs to other Muslims. But you may kill an enemy fighter or an adulterer and eat his body (716 in volume 1, Al-Kortoby)
Is The Housing recovery is a Great Big LIE?
Would the Housing sector be growing if the Inventory that is on the Books at Fanny and Freddy was back on the market?
http://wearethefanniefreddie99.tumblr.com/about
[SlantRight Editor: The above link no longer works. Below is the new about page to the website redirected toward – Homes For All]
http://homesforall.tumblr.com/about
WE HAVE A RIGHT TO RECLAIM, REMAIN IN AND REBUILD THE COMMUNITIES WE CALL HOME! WE REFUSE TO BE DISPLACED!
The recent and ongoing financial crisis has revealed millions of residents of the United States experience housing insecurity, many of them for years at a time. Yet, housing policy in recent decades, whether implemented by government, the corporate sector, or some combination of the two, has contributed to a loss of affordable housing and has often displaced the members of our communities in the name of de-concentrating poverty. At the same time, corporations have shifted enormous amounts of investment into our cities, but their interest in property speculation and maximizing quarterly profits undermines our interest in long-term neighborhood stability.
And when the crisis hit, they got bailed out and we got left out.
With the latest wave of REO (Real Estate Owned) to rental properties being snatched up as the newest gambling scheme for hedge funds and private enterprise, we are on the cusp of … READ THE REST
[SlantRight Editor: The above link is a page with a jpg of the 116 fact sheet on Fannie and Freddie which I will reproduce below.]
FACT SHEET ON FANNIE MAE AND FREDDIE MAC
Is this what will happen in the USA?
http://www.wnd.com/2013/01/troops-bulldoze-homes-leave-thousands-homeless/#Qm9JL4PpU2C7D764.99
Troops bulldoze homes, leave thousands homeless
Soldiers wearing U.N. logos evict whole towns in land grab
Thousands of poor Brazilian families are living in wretched conditions at make-shift refugee camps after being evicted from their homes at gunpoint by federal forces, some of whom were sporting United Nations logos, according to sources.
The massive operation, which left an estimated 7,500 or more people, including thousands of children, homeless was justified by authorities under the guise of creating an Indian reservation.
Towns literally have been wiped off the map, and no compensation was offered to the victims. About 400,000 acres of land were expropriated in the latest operation.
Residents in the Siua-Missu area in the state of Mato Grosso battled heavily armed federal police and military forces for weeks using sticks, rocks, Molotov cocktails and other crude weapons.
In the end, however, the powerful national government forces were overwhelming.
Virtually all of the residents have now been displaced, living in squalor, packed into school gymnasiums in nearby towns. Others are living on charity under plastic tarps propped up with sticks with no clean water or sewage services.
Leaders of the feeble resistance, meanwhile, are being hunted down by authorities for punishment.
It was in 1993, shortly after the first United Nations summit on sustainable development in Rio de Janeiro, when the scheme was proposed. The Brazilian government’s executive branch decreed that the land in question belonged to Indians.
… READ THE REST (And trust me, you really want to read the rest)
[SlantRight Editor: Can you say UN Agenda 21? See HERE, HERE and HERE]
During the Clinton and Bush Years of regulators being told to look the other way on True Stock valuations of Corporations cooking the Books in their stock so what’s different this time?
U.S. Economy Unexpectedly Contracted in Fourth Quarter
The federal government helped bring the economic recovery to a virtual halt late last year as cuts in military spending and other factors overwhelmed the Federal Reserve’s expanded campaign to stimulate growth.
Disappointing data released Wednesday underscore how tighter fiscal policy may continue to weigh on growth in the future as government spending, which increased steadily in recent decades and expanded hugely during the recession, plays a diminished role in the United States economy.
Significant federal spending cuts are scheduled to take effect March 1, and most Americans are also now paying higher payroll taxes with the expiration of a temporary cut in early January.
The economy contracted at an annual rate of 0.1 percent in the last three months of 2012, the worst quarter since the economy crawled out of the last recession, hampered by the lower military spending, fewer exports and smaller business stockpiles, preliminary government figures indicated on Wednesday. The Fed, in a separate appraisal, said … READ THE REST
http://www.criticalwarningnow.com/
[SlantRight Editor: The above link is to one of those web page videos that if you try to X out a pop-up asks you if you want to leave the page. Below is the excerpt that occurs when you click “stay”.]
His first five predictions have already come true!
Critical Warning Number Six
Fail to heed this final warning at your own risk!
Dear Reader:
Something bigger and more devastating than the credit crisis of 2008 is headed our way.
For most people, it will hit them like a brick wall.
It will touch Americans harder and deeper than anything else we’ve seen since the Great Depression.
I feel so strongly about the critical warning I’m about to give you, I’ve decided to document it in this audio-video presentation. And I’ve labeled this a controversial video, because most people will not like what I have to say…they will find it hard to believe until they see all the facts as I present them.
My name is Michael Lombardi. You may have heard of me. Maybe you are one of the hundreds of thousand of investors who get my daily Profit Confidential column.
Or maybe you’ve heard of my company, Lombardi Publishing Corporation. I started it back in 1986. It’s served over one million customers in 141 countries since then.
Over the past decade, I’ve been widely recognized as the predictor of five major economic events.
Here they are for you in black and white:
In 2002, I started advising my readers to buy gold-related investments. Gold bullion sold for less than $300 an ounce back then. In fact, in 2002, I put all of my retirement money, and all of my wife’s, in gold-related investments. I’ve been pushing gold for almost 10 years now.
In 2006, I begged my readers to get out of the housing market. I have nothing to hide. This is the exact e-mail alert I sent to my readers on March 1, 2006:
“The proof the party is over in the U.S. housing market could not be clearer to me. The price action of the new-home builder stocks is telling the true story—these stocks are falling in price daily and the media is not picking it up. The latecomers to the U.S. housing market may end up looking like the latecomers to the tech-stock rally that ended so abruptly in 1999.”
Remember, I wrote the above in 2006 when the last thing on people’s minds were declining real estate prices.
By the spring of 2007, I was giving dire warnings to my readers about the economy. On March 22, 2007, I sent this e-mail dispatch to my readers:
“Over the past few weeks I’ve written about subprime lenders and how their demise will hurt the U.S. housing market, the economy and the stock market. There’s no escaping the carnage headed our way because the housing market and subprime business are falling apart. The worst of our problems, because of the easy money made available to borrowers, which fueled the housing boom that peaked in 2005, have yet to arrive.”
I was warning about the severe global recession we experienced in 2008 and 2009 long before anyone else.
And I totally predicted the 2008 economic massacre that later become simply labeled the “credit crisis.” On November 29, 2007, I wrote my followers:
“The Dow Jones Industrial Average, the S&P 500 and the other major stock market indices finished yesterday with the best two-day showing since 2002. I’m looking at the market rally of the past two days as a classic stock market bear trap. As the economy gets closer to contraction, 2008 will likely be a most challenging economic year for Americans.”
Years after I wrote the above, it was widely recognized that October 2007 was the top for the stock market. And, yes, 2008 was the worst year for the U.S. economy since the Great Depression.
Finally, I correctly predicted the crash in the stock market of 2008 and early 2009. I even wrote an obituary on the stock market in the fall of 2008 that made me somewhat of a forecasting legend:
Here’s what I e-mail-blasted to over 100,000 people on October 6, 2008:
“A Stock Market’s Obituary: It is with great sadness that we announce the passing of the Dow Jones Industrial Average. After a strong and courageous battle, the Dow Jones fell victim to a credit crisis and finally succumbed on Friday, October 3, 2008, when it fell decisively below the mid-point between its 2002 low and its 2007 high.”
The Dow Jones Industrial fell approximately 40% after I wrote this now famous “Stock Market Obituary,” finally hitting bottom on March 9, 2009, when the Dow Jones Industrial Average hit 6,440.
Then…at the depth of the dark days of March 2009, I sent an e-mail alert to my thousands of readers and told them to basically jump into the stock market with both feet.
I turned bullish on stocks in March of 2009 and rode the bear market rally from 6,440 on March 9, 2009, to 13,437 on September 28, 2012—a gain of 109%.
To recap my big five predictions that all came true, I:
1. Told my readers to get into gold in 2002;
2. Told them to get out of the housing market in 2006;
3. Predicted the recession of late 2007;
4. Told my readers to get out of stocks in the fall of 2008; and
5. Told my readers to get back into stocks in March of 2009.
I didn’t spend the last five minutes of your time telling you about my five key predictions so I could pat myself on … READ THE REST (if you can figure out how to get with the link)
Is the Real Entitlement Class that does not want to give up their perks, our elected Officials???
http://mynorthwest.com/174/2187468/Tax-Dollars-to-Dry-Cleaning
OLYMPIA, Wash. (AP) – A few days after Washington lawmakers approved a budget deal to lower state spending last year, small-government Rep. Gary Alexander got $40.60 worth of dry cleaning done.
Then he made sure taxpayers paid the bill.
Alexander, the Republican budget writer in the state House, billed more than $500 worth of dry-cleaning fees to the state over the past two years, according to an Associated Press analysis of thousands of expense reimbursements. He wasn’t alone: Seven Democrats and 12 Republicans in the Legislature requested and received compensation totaling more than $5,600 for dry cleaning since the start of 2011.
Lawmakers are able to get taxpayer-covered compensation for what the Legislature deems legitimate business expenses tied to the job. That includes common costs of being a lawmaker, such as travel around the district to meet with constituents, parking fees for meetings, office supplies and rent for district offices.
It also includes a variety of expenses with less-explicit benefits for taxpayers, including iPhones, picture frames, artwork, expenses for meetings with lobbyists and dues to professional organizations like the conservative American Legislative Exchange Council.
…
After an AP reporter questioned him about how it aligns with a limited-government message, Alexander said he would explore ways to keep his expenses down.
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What does this mean for the US Dollar as Worlds Reserve Currency????
Sent: 1/31/2013 12:24 PM
http://worldtruth.tv/china-launching-gold-backed-global-currency/
China Launching Gold Backed Global Currency
According to the article, China is recasting all of their gold reserves into small one kilo bars in order to issue a new “gold-backed” currency. Many say this will disrupt global trade and will eventually cause a collapse of the US dollar.
There can be no doubt that the US dollar will soon be history. China is recasting all of their gold reserves into small one kilo bars in order to issue a new ‘gold backed’ global currency. This is surely a strategic part of their recent push to sign new trade agreements with Russia, Japan, Chile, Brazil, India, and Iran. The cat is now out of the bag, the US will be given the ‘bums rush’ by the largest trading nations in the world and the dollar will go down in flames. GATA now estimates that 80% of the gold that investors believe they have in allocated accounts is long gone, the majority of it probably wound up in China.
Here is an excerpt from Jim Willie’s ‘Hat Trick Letter’
Jims recent article starts out with…
Many are the events, signals, and telltale clues of a real live actual systemic failure in progress. Until the last several months, such banter was dismissed by the soldiers in the financial arena. But lately, they cannot dismiss the onslaught of evidence, a veritable plethora of ugly symptoms of conditions gone terribly wrong and solutions at best gone awry and at worst never intended in the first place.
CHINA RECASTS GOLD BARS
China is well along an ambitious plan to recast large gold bars into smaller 1-kg bars on a massive scale. A major event is brewing that will disrupt global trade and assuredly the global banking system. The big gold recast project points to the Chinese preparing for a new system of trade settlement. In the process they must be constructing a foundation for a possible new monetary system based in gold that supports the trade payments. Initally used for trade, it will later be used in banking. The USTBond will be shucked aside. Regard the Chinese project as preliminary to a collapse in the debt-based USDollar system. The Chinese are removing thousands of metric tons of gold bars from London, New York, and Switzerland. They are recasting the bars, no longer to bear weights in ounces, but rather kilograms. The larger Good Delivery bars are being … READ THE REST
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IRS Report and Look at what Healthcare Coverage will Cost
Sent: 2/2/2013 1:44 AM
Go to page 56 of this IRS Report and look at what Healthcare coverage will cost a family of 4….. How will the consumer driven economy react to this?
http://www.irs.gov/PUP/newsroom/REG-148500-12%20FR.pdf
____________________
© Tony Newbill
Edited by John R. Houk
Tony Newbill Conspiracy Theory Emails – 12/22/12 to 1/17/13
Tony Newbill Conspiracy Theory Emails
From: 12/22/12 to 1/17/13
Posted 3/13/13
Tony Newbill sends emails to me relating to what many would call Conspiracy Theory. Too often the thought of ‘Conspiracy Theory’ is thought of in the pejorative sense. Most of the data that Tony Newbill sends me is something I agree with. Ergo, in my book a better description is Conspiracy Fact. Even so predictive conclusions are still theories even if they are credible predictions. So I will stick to ‘Conspiracy Theory’ yet in a positive predictive sense rather than the typical pejorative sense that status quo thinkers grudgingly stick to.
With no further adieu here are a series of Tony Newbill emails that should give you pause in future planning. I may include expansive excerpts of some of the links and/or include some of my thoughts along the way.
JRH 3/13/13
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Agriculture Publications Now talking about Overpopulation in the World
Sent: 12/22/2012 7:28 AM
Now you even have the major Agriculture Publications coming out now talking about Overpopulation in the world. This is leading to a NO Growth Economic Policy in the Private Sector as the Government Prints their own operating Capital and Begin to isolate from the US dollar as world trade currency. This is leading to a dollar collapse!! This makes the risk takers in the free market who buy bonds and hold debt investment in fixed income markets nervous when supply expansion is not being realized for true fundamental growth that can create equitable net value to back the debt being created. This is why the Federal Reserve is buying the U.S. Government Debt. See here the latest report:
http://www.examiner.com/article/fed-to-buy-85-billion-bonds-monthly-until-unemployment-drops-to-6-5
Federal Reserve Chairman Ben Bernanke revealed on Wednesday that the Fed will buy $85 billion in bonds every month beginning in January, and continuing until unemployment falls from its present 7.7 percent to 6.5 percent. The step made it clear that job creation has become the Fed’s primary focus. During his statement Bernanke also announced he planned to keep interest rates near zero as long as unemployment remained over the 6.5 percent target. The announcement was intended to reduce borrowing costs by persuading investors that interest rates would remain low for longer than they might have expected. The goal is to spur more borrowing that would result in more spending that would lead to faster growth.
The most optimistic economists say it will take two years for the jobless level to reach the targeted level, while the Fed’s own projection is that it will be the end of 2015 before unemployment drops below 6.5 percent, which means the newest quantitative easing (QE) effort, the fourth since the great recession, will result in a little over two trillion in spending over the next 24 months- and that total is based on best case scenarios concerning the pace of job creation. (READ THE REST)
They are saying this is to stimulate employment but the money is going to cover the Over Spending the US Government has on the books. So we have non-convertible debt that’s leading to insolvency and a bankrupted nation that is right now the world’s trade currency.
Urban populations will rapidly strain services and resources
Population experts project that in 30 years 9 billion people will reside on this planet. That’s a staggering total, especially considering the demands such a number will place on our natural resources. World population surpassed 7 billion in 2011.
Efficient food production will become critical, but, food may not be the most important issue facing people at mid-century. The World Health Organization says the rapid increase of urban populations, especially slum populations, means health issues will remain a critical threat to humans. The agency cites overcrowding, lack of safe water, and improper sanitation systems as the primary factors contributing to poor health among the urban poor. Slums often become breeding grounds for diseases like tuberculosis, dengue, pneumonia, and cholera.
As global population expands, most of the growth will be in urban areas, according to new research conducted by the Worldwatch Institute, suggesting additional population growth in slum areas and further health concerns. (READ THE REST)
And so we have defection in the ranks of the WTO and the Dollar as Trade currency. Listen to this Video and how the foreign investors who used to buy dollar bonds and treasuries to buy on the world oil market is now gone and this will cause hyperinflation in our energy and durable goods soon:
NCCR Editor: Oops, I waited too long. The above link is inoperative. Here is a description of Lombardi Financial Judgment Day Profit Letter: “Judgment Day Profit Letter features stocks that we expect to profit as the American Ponzi scheme collapses. And for a country where the central bank is printing money with no end in sight, we believe a collapse is only a matter of time. In each monthly issue George Leong gives full details of his picks for big gains as this scheme unfolds, complete with stock price charges; buy, sell or hold advice; stop limits; and advice on when to get out for maximum profits.”]
What he says about China and Russia trading Oil for Yuan instead of dollars that will lead to the defection of other nations using dollars which will lead to hyperinflation in the USA in September is reported here:
On Sept. 11, Pastor Lindsey Williams, former minister to the global oil companies during the building of the Alaskan pipeline, announced the most significant event to affect the U.S. dollar since its inception as a currency. For the first time since the 1970′s, when Henry Kissenger (sic) forged a trade agreement with the Royal house of Saud to sell oil using only U.S. dollars, China announced its intention to bypass the dollar for global oil customers and began selling the commodity using their own currency.
…
This announcement by China is one of the most significant sea changes in the global economic and monetary systems, but was barely reported on due to its announcement taking place during the Democratic convention last week. The ramifications of this new action are vast, and could very well be the catalyst that brings down the dollar as the global reserve currency, and change the entire landscape of how the world purchases energy. (READ THE REST)
Listen to the video at the 1:45 mark. This is what’s driving the global economic collapse:
http://www.youtube.com/watch?feature=player_embedded&v=tF2yHjfj32I
[NCCR Editor: Here is the link to begin at the 1:45 mark]
I found the video in this stuff; the Baltic dry chart is an ominous sign in this first link:
Amid growing concern that the global economy is teetering on the edge of a total collapse, governments in Europe, China and the United States continue to manipulate statistics in an effort to paint a picture of recovery and a return to normalcy.
But despite their best efforts to fabricate positive employment numbers, GDP growth, currency stability and stock market health, the stark reality is that the global economy is at a standstill, and has been since before the crash of 2008.
Economic growth is measured by how much we produce and consume, and before the bursting of the bubble there was an unprecedented level of consumption in America and throughout the rest of the world. But when credit markets and lending froze in response to a loss of confidence in the financial system following the collapse of investment giants Bear Stearns and Merrill Lynch, the economy as we had come to know it fell apart.
Consumption fell off a cliff and left America in its deepest recessionary environment since the 1930′s. (READ THE REST)
Grocery stores may still be stocked with food and most Americans are still able to keep their family’s fed, but with 50 million Americans requiring government assistance to do so and prices on a seemingly never ending rise, how long will it be before the situation becomes unmanageable?
…
[The video referenced]
Any number of disasters, natural or man-made, can cause food prices to skyrocket to such levels that the most basic essentials like corn, rice, wheat, and soy beans become almost impossible to acquire for the majority of the population.
Another prolonged drought, a war with Iran that restricts the flow of oil, or a rapid collapse in the US dollar’s purchasing power could all lead to unprecedented worldwide pressure almost immediately.
We’ve seen what happens in countries where the populace is forced to spend 50% or more of their earned income on food. Despite how the media portrays it, the riots we’ve seen in the middle east, Greece and Spain have been largely fueled by cost increases in food and the inability of individuals to provide the basic essentials for their families. (READ THE REST)
http://www.shtfplan.com/headline-news/let-this-be-a-warning-america-video_10082012
That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness.
July 4, 1776
Last week, when hundreds of thousands of people in Madrid, Barcelona and throughout Spain protested, rioted, rebelled and called for the forced resignation of every one of their parliamentary representatives and the formation of a new government, the silence from global mainstream media was deafening.
With jobless rates for those between the ages of 20 and 35 exceeding 50%, further social spending measures promised by the government, and tens of billions in handouts being transferred to large financial institutions in the broader Euro Zone, those impoverished by the economic collapse of the last four years would not be silenced.
They took the streets in droves. They rushed their parliament building, forcing representatives to barricade themselves inside. They confronted their government head on.
And for their transgressions, they were indiscriminately fired upon, beaten, and bloodied by riot police; men, women, young, old, it mattered not to the policing arm of the global elite.
Let this be a warning, America, because these riots will soon be making their way across the Atlantic ocean to our shores.
Video compliments of Alexander Higgins (with narration by Judge Andrew Napolitano) via Above Top Secret:
VIDEO: Spain Police Beating Everyone: A Warning To America
… (READ THE REST)
With digital technology being used for all manner of government distributions, it’s difficult to overtly distinguish between the severity of the Great Depression of the 1930′s and today’s economic crisis.
But just because we don’t see thousands of hungry people lined up for hours at a time at their local soup kitchen today doesn’t mean the lines don’t exist.
… (READ THE REST)
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What Does It Mean to “Prepare for the Economic Collapse”?
Sent: 12/23/2012 8:21 AM
The GOP is talked about in this link and the author talks about people not knowing what economic collapse means to them , and I think the GOP and Congress in general don’t realize what a USA economy on the verge of Collapse means either once you read this article and the Links it provides it would appear the USA is on the Verge of economic catastrophe !!!
What Does It Mean to “Prepare for the Economic Collapse”?
http://www.theorganicprepper.ca/what-does-it-mean-to-prepare-for-the-economic-collapse-12222012
Last week I wrote an article in response to the media’s vilification of preppers in the aftermath of the horrible tragedy in Newtown, Connecticut. The article was quoted in an article on Yahoo.com, to my great astonishment, and that is when I saw how little most people understand about prepping. You can see in most of the 4492 comments the article received that many folks just don’t “get it”.
My inbox was filled with a barrage of hate mail and a number of people felt compelled to leave angry (and rather ignorant) comments on my website. I got messages from people that called me “batsh*t crazy”, messages from gun control advocates, messages from people who directly blamed me and all other preppers for the massacre, and even one particularly hate-filled email from a person who said “I hope that your kids are killed at the next school shooting.”
All of this leads me to reconfirm my belief that people sincerely do not understand why we do what we do, and that ignorance leads to fear.
If you go back through history, the “visionaries” or “wise ones” were always mocked at best and feared at worst. They were cast out of society to live alone at the edge of the village; children would sneak onto their property to show their bravery; they were burned at the stake as witches and heretics. Anything the larger percentage of people does not understand is treated as something evil and frightening.
Am I saying that preppers are all visionaries and sages? Not in a mystical “Joan of Arc” sense – but I am saying that preppers are willing to see the writing on the wall and search for a deeper understanding.
Many preppers are preparing for an economic collapse and the subsequent social collapse that will be close behind.
If you don’t think this is realistic, then you aren’t paying attention to the world around you.
… (READ THE REST)
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Will Immigration reform include Gun Regulation?
Sent: 1/3/2013 10:04 AM
Will Immigration reform include Gun regulation? For those who do not conform to Gun Regulation will they be subject to reeducation internment?
http://www.infowars.com/leaked-u-s-army-document-outlines-plan-for-re-education-camps-in-america/
A leaked U.S. Army document prepared for the Department of Defense contains shocking plans for “political activists” to be pacified by “PSYOP officers” into developing an “appreciation of U.S. policies” while detained in prison camps inside the United States.
The document, entitled FM 3-39.40 Internment and Resettlement Operations (PDF) was originally released on a restricted basis to the DoD in February 2010, but has now been leaked online.
The manual outlines policies for processing detainees into internment camps both globally and inside the United States. International agencies like the UN and the Red Cross are named as partners in addition to domestic federal agencies including the Department of Homeland Security and FEMA.
The document makes it clear that the policies apply “within U.S. territory” and involve, “DOD support to U.S. civil authorities for domestic emergencies, and for designated law enforcement and other activities,” including “man-made disasters, accidents, terrorist attacks and incidents in the U.S. and its territories.” (READ THE REST)
http://www.infowars.com/yes-the-re-education-camp-manual-does-apply-domestically-to-u-s-citizens/
A shocking U.S. Army manual that describes how political activists in prison camps will be indoctrinated by specially assigned psychological operations officers contains numerous clear references to the fact that the policies do apply domestically to U.S. citizens.
Despite the fact that the manual is well over 300 pages long and would take hours to read properly, within minutes of posting our story yesterday a minority of commenters were claiming that the policies outlined in the document only pertained to foreign combat operations and did not apply domestically to U.S. citizens.
This is similar to the denial witnessed prior to the passage of the NDAA when some argued that the indefinite detention provisions did not apply to American citizens despite numerous legal analysts asserting they did and President Barack Obama himself acknowledging they did when he signed the bill.
… (READ THE REST)
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When you see these picture it will Floor you!!!!
Sent: 1/16/2013 8:55 PM
http://www.infowars.com/other-tyrants-who-have-used-children-as-props/
Obama’s shameless exploitation of children as set pieces is hardly new or original. In fact, tyrants and dictators have used kids as props down through the ages.
Here are a few more recent examples:
… (READ THE REST – the shocking photo is the last one in the context of the previous photos. Description: BHO using children as propaganda props)
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See How These 2 Liberal Technocrats are Engaged in Contradicting Each Other
Sent: 1/17/2013 11:20 AM
See how these 2 liberal technocrats are engaged in contradicting each other over the issue of supply shortages. This is very dangerous for the faith in free market’s function and keeping risk takers involved at the financial end.
Research suggests we may actually face a declining world population in the coming years
The world’s seemingly relentless march toward overpopulation achieved a notable milestone in 2012: Somewhere on the planet, according to U.S. Census Bureau estimates, the 7 billionth living person came into existence.
…
… And it’s expected to keep slowing. Indeed, according to experts’ best estimates, the total population of Earth will stop growing within the lifespan of people alive today.
A somewhat more arcane milestone, meanwhile, generated no media coverage at all: It took humankind 13 years to add its 7 billionth. That’s longer than the 12 years it took to add the 6 billionth—the first time in human history that interval had grown. (The 2 billionth, 3 billionth, 4 billionth, and 5 billionth took 123, 33, 14, and 13 years, respectively.) In other words, the rate of global population growth has slowed. And it’s expected to keep slowing. Indeed, according to experts’ best estimates, the total population of Earth will stop growing within the lifespan of people alive today.
And then it will fall.
This is a counterintuitive notion in the United States, where we’ve heard often and loudly that world population growth is a perilous and perhaps unavoidable threat to our future as a species. But population decline is a very familiar concept in the rest of the developed world, where fertility has long since fallen far below the 2.1 live births per woman required to maintain population equilibrium. …
American media have largely ignored the issue of population decline for the simple reason that it hasn’t happened here yet. Unlike Europe, the United States has long been the beneficiary of robust immigration. This has helped us not only by directly bolstering the number of people calling the United States home but also by propping up the birthrate, since immigrant women tend to produce far more children than the native-born do.
But both those advantages look to diminish in years to come. A report issued last month by the Pew Research Center found that immigrant births fell from 102 per 1,000 women in 2007 to 87.8 per 1,000 in 2012. That helped bring the overall U.S. birthrate to a mere 64 per 1,000 women—not enough to sustain our current population.
… (READ THE REST)
[NCCR Editor: This link takes you to the first comment posted on the above story. I am uncertain if Newbill wants us to read all the comments or simply the first.]
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Edited by John R. Houk
A War Between China and Japan: What It Could Cost You
It is my thought that a World War is inevitable. It is also my thought such a war will embroil the USA because of Islamic cultural hatred for America and the American love (not necessarily the U.S. government’s love) for Israel’s existence.
Just as America fought in two major war theaters in WWII, it is quite likely but not talked about enough that a global would again have two major theaters of war. Do you realize that there is a huge conflict dispute increasingly growing between Japan and (Communist) China?
Below are an essay and an incredible video effectively illustrating the choices that the USA must make in joining an Asian theater war. It is my opinion that if Middle Easter conflict draws the USA into war, then it will embolden Asian powers to militarily assert their national interests hoping America will be too committed elsewhere to interfere.
It is my opinion that Asian powers – China comes to my mind – are mistaken that the USA will not enter the Asian conflict. A less powerful USA entered World War II fighting in two theaters. I fully expect a call of allies will view the USA as the apex to maintain a free world joining in mutual interests to fight despotism occurring on a regional basis. I am just not sure who those allies to America will be. It may take awhile for free nations catch the vision of maintaining freedom on the long term in the face of short term economic benefits.
JRH 3/3/13 (Hat Tip: Emily S)
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A War Between China and Japan: What It Could Cost You
Global economists are keeping their eyes glued to the Asia-Pacific region, where a bitter feud is brewing between two of the world’s most powerful nations over a small collectivity of islands in the East China Sea. The Chinese government argues that a treaty signed during the first Sino-Japanese War (1894-95) conferred ownership of the islands to China. Japan has long disputed these claims, and today argues that the islands are integral to its national identity.
The argument came to a head last September, when a boycott of Japanese products led Chinese demonstrators to target fellow citizens who owned Japanese cars. Three months later, the situation escalated when when (sic)Japanese jets confronted a Chinese plane flying over the islands; no shots were fired, but the act of antagonism has set a troubling precedent between the military forces of both nations.
The conflict between China and Japan has put the United States in a precarious position: if a full-scale war were to erupt, the U.S. would be forced to choose between a long-time ally (Japan) and its largest economic lender (China). Last year, China’s holdings in U.S. securities reached $1.73 trillion and goods exported from the U.S. to China exceeded $100 billion. The two countries also share strong economic ties due to the large number of American companies that outsource jobs to China.
However, the U.S. government may be legally obligated to defend Japan. In November, the U.S. Senate added an amendment to the National Defense Authorization Act that officially recognizes Japan’s claims to the disputed islands; the U.S. and Japan are also committed to a mutual defense treaty that requires either country to step in and defend the other when international disputes occur. Not honoring this treaty could very easily tarnish America’s diplomatic image.
The countries of the Asia-Pacific region are collectively responsible for 55 percent of the global GDP and 44 percent of the world’s trade. A major conflict between the region’s two largest economies would not only impose a harsh dilemma on U.S. diplomats, but also have a significant impact on the entire global economy. It is in every nation’s best interest that the Chinese and Japanese settle their territorial dispute peacefully.
VIDEO: The Economic Impact of a War Between Japan & China
Video Transcript
Whispers of the unthinkable are wafting throughout the Asian-Pacific Region: war between China and Japan over a small cluster of resource rich islands in the East China Sea claimed by China (Diaoyu) and Japan (Senkaku).
In September, the dispute quickly came to a boil. Fueled by nationalism and the memory of Japan’s brutal occupation of China during World War II, enraged Chinese crowds filled the streets. They targeted owners of Japanese cars and launched a massive boycott of Japanese products, sending a debilitating gut punch to Japan’s still struggling economy. In November, the Wall Street Journal Live reported that the boycott had cost Japanese companies “billions of dollars.”
Since then, both nations have flexed their military muscle. In December, Japan scrambled jet fighters to respond to a Chinese plane flying over the islands. Although no shots have been fired yet, such dangerous confrontations are likely to continue.
Should the crisis worsen from its current status to, say, missiles launched and a ship sunk or an airplane knocked out of the sky, the United States will be forced to choose between backing a longtime ally (Japan) and supporting a nation more central to our economic health (China).
In terms of economics, China has the clear bottom-line edge, serving as America’s biggest lender. As of September, China’s holdings in US securities ($1.73 trillion) topped the global list of creditors.
In terms of trade, the most significant US relationship in the Asia-Pacific Region is with China – by far. According to the Office of the US Trade Representative, the export of US goods to China amounted to $104 billion in 2011, while exports to Japan over the same period were $66.2 billion.
Then there’s the extensive outsourcing by American companies, which ties the economies of China and the US even closer. A case in point is Apple, which designs its iPhone and other products in the US, but has them assembled at China’s massive Foxconn City facility.
All of this could be put at risk if the US sided with Japan in the current dispute – and the Chinese retaliated. A boycott would obviously harm American companies that ship agricultural products as well as cars and other finished goods to the Chinese market. Less clear is whether Chinese anger would extend to US firms such as Apple, which have deeper Chinese economic roots.
There’s also the possibility that China, to punish the US, could sell off its stash of US securities, a move that would devalue the dollar. It’s possible but not likely, at least according to a December report by the Congressional Research Service. Among other consequences, such a sale “could diminish the value of these securities” and “lead to large losses” for China.
In November, the US Senate unanimously approved an amendment to the National Defense Authorization Act recognizing Japan’s administration of the Senkakus and opposing the use of force. The Japanese cheered, and the Chinese howled. But the provocative sentiment expressed in the amendment should be no surprise.
In 2011, President Obama announced a major foreign policy shift. He declared that the Asia-Pacific Region – which generates “approximately 55 percent of world GDP and about 44 percent of world trade” – would be a top US security priority. The declaration was couched in normal and nuanced diplomatic niceties.
It could also prompt the Japanese to scrap their antiwar constitution – adopted after the US However, China and the other nations of the region weren’t fooled.
For the United States, China is a classic “frenemy” – an economic partner, a rival, and a potential enemy that has upgraded its military capacity and used it to reinforce its claim to other disputed islands in the South China Sea.
More importantly, the US and Japan – which is home to ships of the powerful US Seventh Fleet – are bound together by a mutual defense treaty, which commits the US to defend its longtime ally. US failure to support Japan would undermine US credibility not just in Japan but throughout this strategically important region. Firebombing of Japanese cities and the atomic devastation of Hiroshima and Nagasaki during World War II – and commit their deep pool of technological skills and talent to a single goal: a massive rearmament program that could include nuclear weapons. No one doubts that the Japanese, have the capacity to become a world-class military power – an outcome no rational person wants to see.
Should a shooting war erupt, the US will side with Japan despite the nightmarish economic scenarios that could follow. The challenge facing US officials and diplomats in 2013 is to help China and Japan find a face-saving way to keep the dispute from getting that far.
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Copyright © 2013
Gold and Oil work for USA rather than Against
John R. Houk
© February 14, 2013
Not long ago I posted on how OPEC controls the global economy which of course affects the U.S. economy through a monopolizing bloc controlling oil. The theme of the post ran something like if the USA developed alternative fuels for motor vehicles it would eliminate the OPEC stranglehold on our economy. Here is a quote for thought:
If you follow our email alerts you know that last year we actively supported a bill called The Open Fuel Standard Act. Simply put, this bill would break up the liquid fuel monopoly that now exists. This monopoly guarantees that the only fuel you can buy for your car or truck is gasoline (or, at most, gasoline containing a small percentage of ethanol).
If we are to ever really break the back of the OPEC price-fixing cartel, we must break the gasoline monopoly. The first step is ensuring that cars can actually run on other fuels such as methanol, which can be made from natural gas, coal, even waste such as grass clippings.
Did you know that, with just a few minor alterations to your car, it’s possible to run it on methanol—at a significant savings over the cost of gas?
I was excited about this visionary thinking.
NOW I just finished reading an article about Russia and China hoarding gold as a medium of exchange by eliminating U.S. dollars as the global currency thus ending the power of petrodollars. You have to realize that Russia and China are friends with the OPEC giants.
The implication of the article is gold-currency will replace petrodollars thus placing a coffin nail in the U.S. economy.
I am just thinking out loud here. What if Russia and China succeed in replacing petro-gold for petrodollars? Essentially the fall of the dollar would again bring back a gold standard as the foundation of the global economy. I think that is a good thing.
Yes adjustments would have to be made for the U.S. dollar. A forced global gold standard could force America back to a gold standard because of the global oil economy. AND STILL the USA can use innovation to develop alternative fuels to at least end any American dependence of OPEC oil. Russia and China might succeed in supplanting the dollar with gold, but a transformed fuel economy free of fossil fuel from OPEC would also stimulate the U.S. economy. Suddenly America might become the exporter of alternative fuel competing with OPEC fossil fuel.
So here’s the thing. Gold replaces debt as the standard for the U.S. economy. A new industry involving alternative fuel for motor vehicles will effectively compete with OPEC but also place a huge crunch in their profits which in turn might actually drive down the price of fossil fuel again.
Essentially folks this is a win-win for the U.S. economy in placing the dollar back on a market economy rather than a debt economy while at the same time innovating a globally competitive industry again strengthening America as a financial giant.
Like I said I am just thinking out loud because I certainly am no economist. Nonetheless, grass roots Capitalism will benefit all Americans over the Eco-Marxism that fearless leader President Obama supports.
JRH 2/14/13
WORLD WAR III…NOWHERE TO RUN
Danny Jeffrey provides a convincing snapshot of the collapse of the world order as we know it today. I might be one of those that look for a silver lining in every moment of chaos. I just believe that good always triumphs over evil in God’s timing. I just pray the timing is shorter rather than longer.
JRH 10/15/12
Outsourcing to Communists!
John R. Houk
© September 28, 2012
Chevrolet – i.e. General Motors – has outsourced its production to Communist China. Chevrolet considers this outsourcing a key to rebounding to profitability. Keep in mind Obama gave bail-out money to the Chevy guys. Chevy answers the bail-out by investing in a foreign nation that is antithetical to America’s Free Market paradigm.
Before you go laying on the blame for outsourcing manufacturing work on corporate outsourcing, you should give a large share of blame to American Unions for demanding to large a share of the corporate profits sending companies like Chevrolet to send American jobs to foreign nations. It is just plain galling to discover that one of those foreign nations – China – stands for everything that would end our American Republic of Liberty and the Constitutional Bill of Rights.
Check out this video:
JRH 9/28/12 (Hat Tip: Shirley)
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VIDEO: General Motors is Becoming China Motors
If YOU Think Peace will Break-out in the Middle East, You’re Dreaming
John R. Houk
© August 18, 2012
I don’t have to be a prophet to predict that a war will explode in the Middle East soon. The Muslim nations surrounding Israel have been trying to destroy the Jewish State ever since their modern independence in 1948. For some Islamic Supremacist jealousy cannot court the concept of a sliver of land that a religion other than Islam sets the parameters for governance in the region.
Couple this with the old Arab League set up of the Palestinian Liberation Organization (PLO) which has been legitimized by Western Powers by linking the PLO to a Western created Palestinian Authority (PA). Western reasoning for the PA is idiotically attempting to set up Israeli-Arab peace by grabbing Israeli land by forcing Israel to accept a Jew-hating sovereign Palestine to Israel’s East. Of course there is PLO-independent Hamas to the southwest of Israel which is a tool of the Egyptian Muslim Brotherhood and there is Iranian client terrorists Hezbollah to the north of Israel. Iran has been rattling swords against Israel for over half a decade. Egypt is becoming a Radical Muslim State as the Muslim Brotherhood tentacles spread through its government. Muslim Brotherhood Clerics have been voicing a call for unity among Muslim-Arabs for a pan-Islamic State with Jerusalem as its capital city. Syria directly north and east of Israel has been an Iranian client rattling swords against Israel ever since 1948 but they are having a problem with a civil war currently. I look to Syria to continue hostility with Israel no matter who wins that civil war. And there is Lebanon to the north which has become a client of the Shia dominated Hezbollah. Lebanon essentially has become a State within a State.
This report from the Institute for the Study of War (ISW) and written by Christopher Harmer will give you an idea what an all out war in the Middle Eastern region will look like. And by all out war I mean more than the USA and any coalition of the willing trying to use Western concepts in rebuilding a nation-state.
This war will have the appearance initially of multiple Muslim nations and Islamic terrorists attacking tiny Israel. If America honors its treaty with Israel will enter into the fray. If America enters the fray I have little doubt that Russia and Communist China will at first join in the Muslim side because of oil. America’s NATO allies will have to join on our side because an increasingly militant Russia will be a little scary for Europe that has diverted most of its money to Socialist programs that are barely staying afloat PLUS the issue of oil will force Europe to join USA-Israel so they are not cut off by a potential Russia-China-Iran victory.
I might point out the allegiance of nations I am pointing out here is conditional only our Treaty allies honor the military treaty terms. It could go bad for the USA if other variables take place in which treaties are broken.
The first broken treaty that would make a lot of nations very pleased is if America fails to honor our military treaty with Israel. If Obama is around when this war breaks out Obama could very easily throw Israel under the bus to see if another 1948 miracle occurs with Israel surviving multiple fronts of invasion.
Another scenario is that various European nations break away from NATO to join the Russia-China-Iran axis for petroleum and petro-Dollars/petro-Euros with the hope of abandoning America would ease the socio-economic pain that will occur if the NATO is honored on the European side.
When all out war breaks out globally this time it will make the ugliness of WWII look like a picnic.
JRH 8/18/12 (You can also read the ISW text version of “Threat and Response: Israeli Missile Defense” directly below these thoughts at SlantRight 2.0.)
Plans to strike Iran "ready," says U.S. Israel envoy
Reuters produced this headline on May 17: “Plans to strike Iran “ready,” says U.S. Israel envoy”.
For me this was great news that Obama might actually do something other than totally selling out Israel to a Radical Islamic Theocratic nation like Iran. Then I read this in the short news story:
The United States, Britain, France, Russia, China and Germany have been using sanctions and negotiations to try to persuade Iran to curb its uranium enrichment, which can produce fuel for reactors, medical isotopes, and, at higher levels of purification, fissile material for warheads.
The problem I have with that statement is that both Russia and China have been responsible for technological, military and/or nuke aid to Iran for some time now. Due to Russian-Chinese commitments to Iran I question any commitment by Russia and China to join the USA, UK, France and Germany to twist Iranian thumbs on Nuke weapons.
JRH 5/18/12
