On December 28 2008 06:06 fight_or_flight wrote: The Lusitania was a supposedly civilian cruise ship which the Germans sunk in 1915. It is considered one of the major reasons the US entered the first world war. Well it turns out that divers have recently discovered 4 million rounds of ammunition within the wreckage. So it was a legitimate military target after all.
Is this supposed to be recent news? The fact that the Lusitania was in fact smuggling weapons was mentioned several times in my history textbook which was published years ago.
But of course one would be labeled anti-American if one were to suggest such a thing after it happened.
Considering I learned this in an American public school, the cover-up/conspiracy you imply is unfounded.
On December 28 2008 06:06 fight_or_flight wrote: The Lusitania was a supposedly civilian cruise ship which the Germans sunk in 1915. It is considered one of the major reasons the US entered the first world war. Well it turns out that divers have recently discovered 4 million rounds of ammunition within the wreckage. So it was a legitimate military target after all.
Is this supposed to be recent news? The fact that the Lusitania was in fact smuggling weapons was mentioned several times in my history textbook which was published years ago.
But of course one would be labeled anti-American if one were to suggest such a thing after it happened.
Considering I learned this in an American public school, the cover-up/conspiracy you imply is unfounded.
I don't know if it's recent news or not (the article seems to suggest something is recent), but as far as the conspiracy part goes I'm talking about suggesting such a thing in 1915.
On December 28 2008 06:06 fight_or_flight wrote: The Lusitania was a supposedly civilian cruise ship which the Germans sunk in 1915. It is considered one of the major reasons the US entered the first world war. Well it turns out that divers have recently discovered 4 million rounds of ammunition within the wreckage. So it was a legitimate military target after all.
Is this supposed to be recent news? The fact that the Lusitania was in fact smuggling weapons was mentioned several times in my history textbook which was published years ago.
But of course one would be labeled anti-American if one were to suggest such a thing after it happened.
Considering I learned this in an American public school, the cover-up/conspiracy you imply is unfounded.
I don't know if it's recent news or not (the article seems to suggest something is recent), but as far as the conspiracy part goes I'm talking about suggesting such a thing in 1915.
ok my mistake; I thought you were implying the US was manipulating modern history. You're absolutely correct in saying that American propaganda in 1915 covered up the true military purpose of the Lusitania in order to sway public opinion against the Germans.
Four home invaders armed with AR-15/M-16 assault rifles try to invade this guy's home. They are seen pulling up in his driveway and jumping out with the weapons on the guy's personal surveillance cameras. Then they are all seen running away from a hail of bullets. LOL
I think he wounded one.....you can see his rounds penetrating the windshield.
European bank bail-out could push EU into crisis A bail-out of the toxic assets held by European banks' could plunge the European Union into crisis, according to a confidential Brussels document.
By Bruno Waterfield in Brussels Last Updated: 3:50PM GMT 11 Feb 2009
“Estimates of total expected asset write-downs suggest that the budgetary costs – actual and contingent - of asset relief could be very large both in absolute terms and relative to GDP in member states,” the EC document, seen by The Daily Telegraph, cautioned.
"It is essential that government support through asset relief should not be on a scale that raises concern about over-indebtedness or financing problems.”
The secret 17-page paper was discussed by finance ministers, including the Chancellor Alistair Darling on Tuesday.
National leaders and EU officials share fears that a second bank bail-out in Europe will raise government borrowing at a time when investors - particularly those who lend money to European governments - have growing doubts over the ability of countries such as Spain, Greece, Portugal, Ireland, Italy and Britain to pay it back.
The Commission figure is significant because of the role EU officials will play in devising rules to evaluate “toxic” bank assets later this month. New moves to bail out banks will be discussed at an emergency EU summit at the end of February. The EU is deeply worried at widening spreads on bonds sold by different European countries.
In line with the risk, and the weak performance of some EU economies compared to others, investors are demanding increasingly higher interest to lend to countries such as Italy instead of Germany. Ministers and officials fear that the process could lead to vicious spiral that threatens to tear both the euro and the EU apart.
“Such considerations are particularly important in the current context of widening budget deficits, rising public debt levels and challenges in sovereign bond issuance,” the EC paper warned.
ROFL THEY SCRUBBED THE NUMBER FROM THE ARTICLE
Its still in the window heading and link though. Here is a screenshot.
Some more bad news for Europe. It appears it is worse over there than here in the US.
In the fourth quarter, the economy of the countries sharing the euro declined by 1.5 percent, according to the European Union's statistics office. That is even worse than the 1 percent decline in the U.S. economy during that period, compared with the previous quarter.
not to mention they have a looming crisis hang over their heads in the form of loans to eastern Europe.
The sums needed are beyond the limits of the IMF, which has already bailed out Hungary, Ukraine, Latvia, Belarus, Iceland, and Pakistan – and Turkey next – and is fast exhausting its own $200bn (€155bn) reserve. We are nearing the point where the IMF may have to print money for the world, using arcane powers to issue Special Drawing Rights.
Ukraine May Be Next To Default Vidya Ram , 02.13.09, 03:00 PM EST Delay to IMF loan and Fitch downgrade may be enough to push the country over the edge.
The cost of buying insurance against Irish government bonds rose to record highs on Friday, having almost tripled in a week. Debt-market investors now rank Ireland as the most troubled economy in Europe.
Mr Luo, speaking at the Global Association of Risk Management’s 10th Annual Risk Management Convention, said: “Except for US Treasuries, what can you hold?” he asked. “Gold? You don’t hold Japanese government bonds or UK bonds. US Treasuries are the safe haven. For everyone, including China, it is the only option.”
Mr Luo, whose English tends toward the colloquial, added: “We hate you guys. Once you start issuing $1 trillion-$2 trillion [$1,000bn-$2,000bn] . . .we know the dollar is going to depreciate, so we hate you guys but there is nothing much we can do.”
His final comment in that article tickles me, because China went to the extreme end of capitalism on health care and destroyed their health system because of it.
So I guess in Canada your ISP logs are freely available for any law enforcement (or private investigator?) who so desires to view them.
A Superior Court in Ontario, Canada has ruled that IP addresses are akin to your home address, and therefore people have no expectation of privacy when it comes to their online activities being accessed by law enforcement. This means that, in Canada, police can potentially request information from your ISP about online activities, and can do so without a warrant.
Ok, this one is some really serious news. I wasn't aware, but global drought is a big problem this year.
To understand the depth of the food Catastrophe that faces the world this year, consider the graphic below depicting countries by USD value of their agricultural output, as of 2006.
When you view this in the context of the economic crisis, things are very serious. Especially if there is hyperinflation, food prices would skyrocket. People would not be able to buy food in some countries.
Remember in april of last year? We had a pretty large amount of inflation, which cause rice riots in some parts of the world. Costco limited sales of rice to one bag per person. In the Philippines you could go to jail for life for rice hoarding. After rice potatoes, wheat, and other food commodities skyrocketed.
Combining a drought with an economic collapse is not a pretty picture.
On February 15 2009 14:38 Jibba wrote: I know this is your thread, but I thought I'd throw this in here. For those worried about China abandoning the dollar amidst the bailout package: it ain't gonna happen. http://www.ft.com/cms/s/0/ba857be6-f88f-11dd-aae8-000077b07658.html
Mr Luo, speaking at the Global Association of Risk Management’s 10th Annual Risk Management Convention, said: “Except for US Treasuries, what can you hold?” he asked. “Gold? You don’t hold Japanese government bonds or UK bonds. US Treasuries are the safe haven. For everyone, including China, it is the only option.”
Mr Luo, whose English tends toward the colloquial, added: “We hate you guys. Once you start issuing $1 trillion-$2 trillion [$1,000bn-$2,000bn] . . .we know the dollar is going to depreciate, so we hate you guys but there is nothing much we can do.”
His final comment in that article tickles me, because China went to the extreme end of capitalism on health care and destroyed their health system because of it.
Hm, I don't know why clinton needs to urge then to keep buying them...
Seems very uncanny that someone would call out the fall of the USA then relate it to the Soviet collapse. If the USA fell the to the magnitude as the Soviets, it would be so ugly. Anyway, I found it fascinating.
That article was also total bullshit, and just someone spewing stuff outta their ass without any kind of backing.
"In the United States, most people get their food from a supermarket, which is supplied from far away using refrigerated diesel trucks. Many people don't even bother to shop and just eat fast food"
EPT![[image loading]](http://img19.imageshack.us/img19/2851/censorpv4.png)
![[image loading]](http://ddposts.s3.amazonaws.com/crisis_timeline.png)
![[image loading]](http://www.marketoracle.co.uk/images/2009/Feb/Countries_by_agricultural_output-753925.gif)
![[image loading]](http://www.marketoracle.co.uk/images/2009/Feb/Countries_by_agricultural_output%5B1%5D-747806.gif)
