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fight_or_flight
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QuanticHawk
United States32021 Posts
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fight_or_flight
United States3988 Posts
On February 16 2009 17:40 fight_or_flight wrote: Ok, this one is some really serious news. I wasn't aware, but global drought is a big problem this year. http://www.globalresearch.ca/index.php?context=viewArticle&code=DEC20090210&articleId=12252 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. Looks like that article may be right. California is having such a bad drought that they are considering rationing water... The governor has declared a state of emergency. http://www.reuters.com/article/marketsNews/idUSN2737316820090228?sp=true | ||
fight_or_flight
United States3988 Posts
http://www.komonews.com/home/video/40437097.html?video=pop&t=a what a piece of shit he is | ||
fight_or_flight
United States3988 Posts
+ Show Spoiler + http://www.youtube.com/watch?v=F-QA2rkpBSY My main concern with population control is the question of who makes the decision whether an individual can have a child or not. I don't trust the government at all to do that. Perhaps the answer is to let economics do it in some way. edit: economics has already shown us that wealthy nations' populations generally shrink. | ||
fight_or_flight
United States3988 Posts
http://www.startribune.com/lifestyle/40894767.html?elr=KArksLckD8EQDUoaEyqyP4O:DW3ckUiD3aPc:_Yyc:aUUI + Show Spoiler + Nearly 700 people apply for 1 janitor job at middle school Associated Press Last update: March 7, 2009 - 9:34 AM MASSILON, Ohio - Evidence of the slumping economy is stacking up at an Ohio school which has nearly 700 applications for one open janitorial job. Officials at Perry Local Schools near Canton in northeast Ohio say they've extended the deadline until Monday to accommodate the overwhelming response to the week-old posting. The full-time position at Edison Junior High School pays $15 to $16 an hour plus benefits. Superintendent John Richard says many applicants are laid-off workers with heart-wrenching stories about the tough economic times. Forty-nine-year-old Donna Croston says she applied after losing jobs at two nearby factories that closed. Croston says her chances of being hired amid the hundreds of applicants are slim, but she's hoping to get lucky. ___ | ||
fight_or_flight
United States3988 Posts
http://www.bloomberg.com/apps/news?pid=20601087&sid=aZ1kcJ7y3LDM&refer=worldwide The global economy is likely to shrink for the first time since World War II, and trade will decline by the most in 80 years, the World Bank said yesterday. Its assessment is more pessimistic than an IMF report in January predicting 0.5 percent global growth this year. ... “This crisis is the first truly universal one in the history of humanity,” former IMF Managing Director Michel Camdessus said at an ADB forum in Manila today. “No country escapes from it. It has not yet bottomed out.” reminds me of a quote "If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them (around the banks), will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered." -Thomas Jefferson | ||
fight_or_flight
United States3988 Posts
Yet, as I posted previously, 20,000 troops are being prepared for operation inside the US for potential national disasters and "unforeseen economic events". Well, here is an example. Reuters has this image with this caption: U.S. Army soldiers from Ft. Rucker patrol the downtown area of Samson, Alabama after a shooting spree March 10, 2009. http://www.reuters.com/news/pictures/articleslideshow?articleId=USTRE52A01D20090311&channelName=topNews#a=8 or here http://www.daylife.com/photo/04x6cKxdtL1DY I like how they are wearing police vests as if it somehow makes them more legitimate. In related news, the military recently spent $6 million on riot gear. http://www.blacklistednews.com/news-3454-0-8-8--.html I can understand people not getting upset over the economy so much because its kind of complicated. But I don't understand at all how people can let this stuff go. This is completely over the line. | ||
fight_or_flight
United States3988 Posts
On February 15 2009 13:18 fight_or_flight wrote: http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/4623525/Failure-to-save-East-Europe-will-lead-to-worldwide-meltdown.html I guess they weren't joking about the special drawing rights. wow http://www.telegraph.co.uk/finance/financetopics/recession/4986287/IMF-poised-to-print-billions-of-dollars-in-global-quantitative-easing.html Alistair Darling and senior figures in the US Treasury have been encouraging the Fund to issue hundreds of billions of dollars worth of so-called Special Drawing Rights in the coming months as part of its campaign to prevent the recession from turning into a global depression. | ||
fight_or_flight
United States3988 Posts
http://www.iht.com/articles/2009/03/18/business/fed.php ------- 40% of japanese investors think the US could default http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aQo2GvoJdKVU ------- Mandatory conscription/service for young people passed in the house. This sounds kind of communistic and fascist. This is a big deal people. I keep posting in this blog to inform you of things like this. http://www.infowars.com/house-passes-mandatory-national-service-bill/ Do you notice a common theme in these three articles? Lets see, 1) government resorting to printing money 2) people losing confidence in our money 3) government laying the ground work for forced labor/service, which, keep in mind, is a way to keep the economy going even if your money collapses | ||
fight_or_flight
United States3988 Posts
These are the audit logs, used to determine if things are manipulated. Obviously no one cares though. http://www.bradblog.com/?p=6995 | ||
fight_or_flight
United States3988 Posts
http://www.breitbart.com/article.php?id=CNG.a67cf72fe27770f9ec992da18169937d.a1&show_article=1 + Show Spoiler + Scientists in possible cold fusion breakthrough Researchers at a US Navy laboratory have unveiled what they say is "significant" evidence of cold fusion, a potential energy source that has many skeptics in the scientific community. The scientists on Monday described what they called the first clear visual evidence that low-energy nuclear reaction (LENR), or cold fusion devices can produce neutrons, subatomic particles that scientists say are indicative of nuclear reactions. "Our finding is very significant," said analytical chemist Pamela Mosier-Boss of the US Navy's Space and Naval Warfare Systems Center (SPAWAR) in San Diego, California. "To our knowledge, this is the first scientific report of the production of highly energetic neutrons from a LENR device," added the study's co-author in a statement. The study's results were presented at the annual meeting of the American Chemical Society in Salt Lake City, Utah. The city is also the site of an infamous presentation on cold fusion 20 years ago by Martin Fleishmann and Stanley Pons that sent shockwaves across the world. Despite their claim to cold fusion discovery, the Fleishmann-Pons study soon fell into discredit after other researchers were unable to reproduce the results. Scientists have been working for years to produce cold fusion reactions, a potentially cheap, limitless and environmentally-clean source of energy. Paul Padley, a physicist at Rice University who reviewed Mosier-Boss's published work, said the study did not provide a plausible explanation of how cold fusion could take place in the conditions described. "It fails to provide a theoretical rationale to explain how fusion could occur at room temperatures. And in its analysis, the research paper fails to exclude other sources for the production of neutrons," he told the Houston Chronicle. "The whole point of fusion is, you?re bringing things of like charge together. As we all know, like things repel, and you have to overcome that repulsion somehow." But Steven Krivit, editor of the New Energy Times, said the study was "big" and could open a new scientific field. The neutrons produced in the experiments "may not be caused by fusion but perhaps some new, unknown nuclear process," added Krivit, who has monitored cold fusion studies for the past 20 years. "We're talking about a new field of science that's a hybrid between chemistry and physics." Copyright AFP 2008, AFP stories and photos shall not be published, broadcast, rewritten for broadcast or publication or redistributed directly or indirectly in any medium Click here to buy text ads on Breitbart btw, their argument of there being no theoretical basis for these results isn't actually an argument. Experiments determine theory, not the other way around. The results should be independently reproduced, in any case. edit: more http://www.eetimes.com/news/semi/showArticle.jhtml?articleID=216200272 http://news.yahoo.com/s/afp/20090324/ts_alt_afp/usscienceenergynuclear | ||
Nitrogen
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fight_or_flight
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Argentina and Brazil http://www.presstv.ir/detail.aspx?id=68880§ionid=351020706 Russia, China, Belarus, http://www.bloomberg.com/apps/news?pid=20601095&sid=aYaPzpEgF_BA South Korea, Japan and China http://www.bloomberg.com/apps/news?pid=20601087&refer=home&sid=awJV0HGibVmw China, Argentina http://www.marketwatch.com/news/story/China-Argentina-settle-trade-yuan/story.aspx?guid={9229A1CC-3B26-4694-A82C-1D24927C4433} Southeast Asia, China, Japan, Korea http://news.alibaba.com/article/detail/markets/100064249-1-south-korea%2C-indonesia-seek-cooperation.html ====== also, an article saying that reserve requirements are essentially non existent because it is to the point that banks keep more than the requirement in their vaults to satisfy customer cash flow.. http://www.marketskeptics.com/2009/03/us-banks-operate-without-reserve.html | ||
QuanticHawk
United States32021 Posts
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fight_or_flight
United States3988 Posts
On March 31 2009 21:39 Hawk wrote: I may be wrong here, but doesn't a currency swap have nothing to do with the stoppage of the dollar?? Cuz that's what someo f those reference. Generally, when trade between countries occur, the medium of exchanges is dollars. So if China wants to buy something from Argentina, they pay in dollars. If you are a farmer in Argentina, you probably don't really want yuan. You either wan dollars or your own money. This is the reason all countries have dollar reserves, because it is necessary for trade. These currency swap agreements mean that the central banks of the countries in question agree to swap currencies with each other. Therefore, a farmer has no problem accepting yuan because it is basically equivalent to his own money because he can freely trade it with the central bank for Argentine pesos. This means that dollars aren't as important for trading anymore and less of them are required. | ||
fight_or_flight
United States3988 Posts
http://www.reuters.com/article/newsOne/idUSTRE5303F820090401 bailouts approach GDP ($12.8 trillion) http://www.bloomberg.com/apps/news?pid=20601087&sid=armOzfkwtCA4&refer=worldwide here is the bloomberg breakdown (total $12,798.14.....measured in billions of dollars T_T) =========================================================== --- Amounts (Billions)--- Limit Current =========================================================== Total $12,798.14 $4,169.71 ----------------------------------------------------------- Federal Reserve Total $7,765.64 $1,678.71 Primary Credit Discount $110.74 $61.31 Secondary Credit $0.19 $1.00 Primary dealer and others $147.00 $20.18 ABCP Liquidity $152.11 $6.85 AIG Credit $60.00 $43.19 Net Portfolio CP Funding $1,800.00 $241.31 Maiden Lane (Bear Stearns) $29.50 $28.82 Maiden Lane II (AIG) $22.50 $18.54 Maiden Lane III (AIG) $30.00 $24.04 Term Securities Lending $250.00 $88.55 Term Auction Facility $900.00 $468.59 Securities lending overnight $10.00 $4.41 Term Asset-Backed Loan Facility $900.00 $4.71 Currency Swaps/Other Assets $606.00 $377.87 MMIFF $540.00 $0.00 GSE Debt Purchases $600.00 $50.39 GSE Mortgage-Backed Securities $1,000.00 $236.16 Citigroup Bailout Fed Portion $220.40 $0.00 Bank of America Bailout $87.20 $0.00 Commitment to Buy Treasuries $300.00 $7.50 ----------------------------------------------------------- FDIC Total $2,038.50 $357.50 Public-Private Investment* $500.00 0.00 FDIC Liquidity Guarantees $1,400.00 $316.50 GE $126.00 $41.00 Citigroup Bailout FDIC $10.00 $0.00 Bank of America Bailout FDIC $2.50 $0.00 ----------------------------------------------------------- Treasury Total $2,694.00 $1,833.50 TARP $700.00 $599.50 Tax Break for Banks $29.00 $29.00 Stimulus Package (Bush) $168.00 $168.00 Stimulus II (Obama) $787.00 $787.00 Treasury Exchange Stabilization $50.00 $50.00 Student Loan Purchases $60.00 $0.00 Support for Fannie/Freddie $400.00 $200.00 Line of Credit for FDIC* $500.00 $0.00 ----------------------------------------------------------- HUD Total $300.00 $300.00 Hope for Homeowners FHA $300.00 $300.00 ----------------------------------------------------------- he FDIC’s commitment to guarantee lending under the Legacy Loan Program and the Legacy Asset Program includes a $500 billion line of credit from the U.S. Treasury. | ||
fight_or_flight
United States3988 Posts
http://www.cbsnews.com/blogs/2009/04/01/business/econwatch/entry4911030.shtml I'm still grappling with the implications of what this means. Obviously the government has a lot of leverage when it can dole out the equivalent of a year's GDP. It seems now they are using this leverage on a whole new level. | ||
QuanticHawk
United States32021 Posts
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fight_or_flight
United States3988 Posts
http://www.eweek.com/c/a/Security/Bill-Grants-President-Unprecedented-Cyber-Security-Powers-504520/ + Show Spoiler + The Cybersecurity Act of 2009 introduced in the Senate would allow the president to shut down private Internet networks. The legislation also calls for the government to have the authority to demand security data from private networks without regard to any provision of law, regulation, rule or policy restricting such access. The headlines were all about creating a national cyber-security czar reporting directly to the president, but the Cybersecurity Act of 2009 introduced April 1 in the U.S. Senate would also give the president unprecedented authority over private-sector Internet services, applications and software. According to the bill's language, the president would have broad authority to designate various private networks as a "critical infrastructure system or network" and, with no other review, "may declare a cyber-security emergency and order the limitation or shutdown of Internet traffic to and from" the designated the private-sector system or network. The 51-page bill does not define what private sector networks would be considered critical to the nation's security, but the Center for Democracy and Technology fears it could include communications networks in addition to the more traditional security concerns over the financial and transportation networks and the electrical grid. "I'd be very surprised if it doesn't include communications systems, which are certainly critical infrastructure," CDT General Counsel Greg Nojeim told eWEEK. "The president would decide not only what is critical infrastructure but also what is an emergency." The bill would also impose mandates for designated private networks and systems, including standardized security software, testing, licensing and certification of cyber-security professionals. "Requiring firms to get government approval for new software would hamper innovation and would have a negative effect on security," Nojeim said. "If everyone builds to the same standard and the bad guys know those standards it makes it easier for the bad guys." The legislation also calls for a public-private clearinghouse for cyber-threats and vulnerability information under Department of Commerce authority. The Secretary of Commerce would have the authority to access "all relevant data concerning such networks without regard to any provision of law, regulation, rule or policy restricting such access." In another section of the bill, though, the president is required to report to Congress on the feasibility of an identity management and authentication program "with appropriate civil liberties and privacy protections." Nojeim complained the bill is "not only vague but also broad. Its very broad language is intended to confer broad powers." Nojeim also speculated that the bill's vague language and authority may prove to be powerful incentive for the private sector to improve its cyber-security measures. "The bill will encourage private-sector solutions to make the more troubling sections of the bill unnecessary," he said. According to a number of media reports, the bill was crafted with the cooperation of the White House. The legislation aims to create a fully integrated, coordinated public-private partnership on cyber-security in addition to pushing for innovation and creativity in cyber-security solutions. "We must protect our critical infrastructure at all costs—from our water to our electricity, to banking, traffic lights and electronic health records—the list goes on," Sen. Jay Rockefeller (D-W.Va.), bill co-sponsor, said in a statement. "It's an understatement to say that cyber-security is one of the most important issues we face; the increasingly connected nature of our lives only amplifies our vulnerability to cyber-attacks and we must act now." Fellow co-sponsor Sen. Olympia Snowe (R-Maine) added, "America's vulnerability to massive cyber-crime, global cyber-espionage and cyber-attacks has emerged as one of the most urgent national security problems facing our country today. Importantly, this legislation loosely parallels the recommendations in the CSIS [Center for Strategic and International Studies] blue-ribbon panel report to President Obama and has been embraced by a number of industry and government thought leaders." The CDT's Nojeim stressed that are a "number of good things in the bill," including creation of a cyber-security czar, scholarships for cyber-security programs and collaborations between the government and the private sector. While urging Congress to change the bill, he argued that the "problematic provisions shouldn't crowd out the beneficial provisions of the bill." The legislation also has a number of mandates Quote: The bill would also impose mandates for designated private networks and systems, including standardized security software, testing, licensing and certification of cyber-security professionals. This is a way for the government to further get their hooks into the internet. Everyone must comply and be monitored by the government. You must be certified, which ensures you do what they want. And when it comes time to put in the filters and firewalls, it will be much easier since everyone is standardized. You may say that this is reasonable. However, notice that Mr. Jay Rockefeller is behind this. Well here is a video of him saying it would have been better if the internet never existed. We know what his goal is, and this legislation is a step towards that goal. If he is so worried about government cybersecurity, perhaps he should build a separate network. | ||
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