$7.2 billion is recovered for victims of the Bernie Madoff Ponzi Scheme. The widow of ‘philanthropist’ Jeffrey Picower agreed to return the money that had been paid to her husband out of the Madoff fund. (That represents about half the amount stolen from investors.) Picower drowned in a swimming pool after a heart attack. [Incidentally, Madoff’s son, who also was paid heavily from the fund, committed suicide on December 11.]
Yahoo 2010 Dec 17 (Cached)
US: Dept. of Agriculture says it wants to approve use of Monsanto’s genetically modified alfalfa, but public concern over contamination of conventional crops forces the agency to consider putting restrictions on its use. [The restrictions are minor and will not prevent contamination, and safety testing will not be required. The USDA has become a rubber stamp for the biotech industry, while Congress, fat with campaign contributions, remains silent. Incidentally, USDA co-owns a separate GMO patent with Monsanto, so they are business partners.]
Reuters 2010 Dec 17 (Cached)
US: Memo leaked from the EPA sheds light on the mystery of why honey bees have been dying off. It may be a pesticide produced by the Bayer Company. The EPA has known that this chemical harms honey bees since at least 2003; yet, not only has it allowed Bayer to sell the product, it has concealed the research. [Once again, we see the ugly face of corruption in government.]
GreenChipStocks 2010 Dec 16 (Cached)
US: A federal appeals court ruled that government must have a court-issued warrant based on probable cause if it wants to look at your e-mails stored by your internet service provider. Fourth Amendment rights are now extended to e-mails. [There is no mention of capturing emails by government agencies or private contractors while they are in transit before becoming stored, but this is a welcome ruling.]
AllGov.com 2010 Dec 16 (Cached)
Blackwater (now known as Xe), a private military contractor firm, has been sold by its owner Erik Prince because of ongoing criticism, especially for the senseless killing of 17 people in Baghdad in 2007. Xe was sold to an investment group with close ties to Prince. The group includes a partner who is a longtime financial adviser congress, to Prince helping him to procure government contracts. [This appears to be a strategy to create the illusion of divestment of control, but the crony connections suggest that little has changed except the paper trail.]
Yahoo 2010 Dec 16 (Cached)
California will adopt a Cap-and-Trade program even though a similar proposal was rejected by Congress. It will cap emissions from the 600 biggest industrial facilities and impose additional taxes on energy use. It is expected to set a precedent for other western states.
LA Times 2010 Dec 16 (Cached)
US government initiates lawsuit against BP Oil for violating environmental and pollution laws. Halliburton, the primary suspect in causing the spill, is absent from the complaint. [This is an indication that the complaint may ignore the initiation and cause of the spill and focus, instead, only on cleanup operations.]
DailyMail 2010 Dec 16 (Cached)
How did Goldman Sachs “repay” it’s $10 billion TARP loan? It obtained the money from the quiet sale of more than $100 billion in mortgage-backed securities (junk-quality) to the Federal Reserve. [In other words, the first bailout was paid secretly by additional bailouts of even greater magnitude. Meanwhile, Goldman Sachs, the government, and the Fed have claimed that repayment of these loans was proof of the wisdom and success of the initial round of bailouts. This makes the Mafia look like a Boy Scout troop; yet, none of the criminals will be punished.]
Economic Policy Journal 2010 Dec 15 (Cached)
US: Army Lt. Col. Terrence Lakin refuses to deploy to Afghanistan because he does not believe Obama is a natural born citizen and, according to the Constitution, not the legitimate Commander-in-Chief. Prior to the trial, the judge said Obama’s birth certificate is irrelevant. Lakin was sentenced to 6 months in prison and loss of all benefits.
Yahoo 2010 Dec 14 (Cached)
JP Morgan has been manipulating the silver market for several decades but, because of rising prices even beyond its control, is forced to begin reducing its short derivatives position. It has already closed out 4000 contracts but has about 26,000 contracts still in play. [It appears that, for the first time in many years, the price of silver is being driven by the free market. Don’t be surprised if it doubles or triples in price soon.]
NIA 2010 Dec 14 (Cached)
US: A federal judge strikes down ObamaCare because part of it is unconstitutional. 2 other federal judges have ruled it constitutional, so it is headed for the Supreme Court. The issue is whether the federal government has authority to require Americans to purchase insurance. [This is too narrow an issue and could be a clever way to guarantee that the major portion of the bill will be approved. The issue is being defined to focus on the unconstitutionality of just one small part of the bill instead of the whole thing. The Feds may willingly give up the compulsory-purchase part (for now) in order to keep the other 95%.]
Yahoo 2010 Dec 14 (Cached)
The proper way to reject ObamaCare is for the states to nullify it. This will eliminate the bill in its entirety, and Congress doesn’t even have a say in the matter. Click here to read the model state legislation.
TenthAmendmentCenter posted 2010 Dec 14 (Cached)
Genetically modified mosquitoes have been released for the purpose of transmitting Dengue Fever to the unsuspecting population. This already has resulted in deaths in Florida. Incredible as that may sound, this project is admitted by the U.S. government, the World Health Organization, and the Bill and Melinda Gates Foundation, which has heavily funded the program. The excuse is that this is a valuable experiment in the quest for ways to use mosquitoes to deliver vaccines to the masses at low cost. [The project, however, is controlled by the military which is far more interested in weapons of control and death. It should be noted also that the Gates Foundation is well known for funding projects related to population reduction. Here is the fascinating and frightening story.]
ActivistPost 2010 Dec 13 (Cached)
YouTube now allows viewers to flag videos if they believe they encourage terrorism. [Sounds downright patriotic, but the word terrorism is undefined. If people are angry because you criticize a politician they like, they can vote you off the Internet by flagging you as a terrorist. Google will make the final decision, but this allows the company to claim it is merely responding to public concern.]
Huffington Post 2010 Dec 13 (Cached)
NASA completes the first global study of Urban Heat-Island effect (heating of the air within large cities caused by heated buildings and and power devices). Temperatures were skewed by a whopping 13 to 16 degrees compared to rural areas. [For many years, global temperature readings increasingly have been coming from large cities and airports while ignoring the larger land mass of rural areas. Cities should be included, of course, but they have been given far too much weight in the calculations. Here is yet another way in which data has been tilted to favor the global-warming myth.]
NASA Dec 13 (Cached)
Massachusetts, home of the socialized medicine plan that was the inspiration for ObamaCare, now finds it cannot afford it. [Unfortunately, politicians are seeking to cut costs without reducing benefits. Collectivists never learn, but the Gods of the Copybook Headings ultimately will prevail.]
Yahoo 2010 Dec 11 (Cached)
Ron Paul, newly appointed head of the Congressional Banking Committee, says the Fed is bailing out states and cities by purchasing their bonds, even though they almost certainly will go into default. As usual, the money will be taken from all citizens in the form of higher prices and destruction of savings. [The banking cartel is in charge, and Congress is in its service.]
YouTube Posted 2010 Dec 11
Bank of America admits fraud and conspiracy in rigging municipal bond bids in derivatives trading. They are fined $137 million to make restitution to the IRS and municipalities that lost revenue. [The fine will be paid by stockholders in the form of lower dividends and by taxpayers who must pay for the inevitable bailouts. Innocent people will pay, while the executives who perpetrated the crime will not be punished but will earn bonuses.]
AFP Posted 2010 Dec 11 (Cached)
Judge Napolitano (on Fox News Network) interviews top rock-band leader, Jon Schaffer. Jon is in the Freedom Force Hall of Honor and a strong advocate of Constitutional government. They discuss the importance of educating America’s youth about freedom. In the following segment, Napolitano also covers the history of taxation.
YouTube Posted 2010 Dec 11
Reports and commentaries that look beyond the news to identify historical facts and trends that must be understood to place the news into perspective. This is our “think-tank” section that makes it possible to anticipate future events.
US: The tax system is rigged to favor the super wealthy. Here is a summary of the ways in which billionaires can avoid heavy tax hits while the middle class continues to be wiped out. Regardless of political rhetoric, neither major party wants to change that.
News Herald 2010 Dec 11 (Cached)
Tax provisions hidden in ObamaCare are built on IRS reporting rules that go into effect in January 2011. The rules are explained here. [The result will be a vast increase in taxes, an increase in personal record keeping, small-business failures, unemployment, a big step toward cashless transactions and, in 2012, tracking of gold sales to coin and gold dealers.]
YouTube2010 Dec 7
The full detailed article with research links can be seen here.
Activist Post 2010 Dec 7 (Cached)
California declares a fiscal emergency due to health care costs and calls for $9.9 billion in spending cuts. [Not much news in this, but here is an excellent analysis of why California got into this mess and what must be done about it.]
Natural News 2010 Dec 6 (Cached)
Jesse Ventura exposes the worldwide takeover of water by multinational corporations – and China.
FreeThoughtNation2010 Dec 4
Report gives a glimpse at what is planned for the common man in the not-too-distant future. 3/4 of the population will live in cities because only the elites will have automobiles. [The report focuses on transportation and traffic issues but read between the lines and you will see that all aspects of daily life will be tightly controlled.]
Guardian 2010 Dec 2 (Cached)
Animated characters entertainingly explain how the Morgan bank is massively overextended on naked short silver derivatives (that means they have sold silver they don’t have), so if silver rises in value and buyers demand the physical silver, prices will skyrocket, and Morgan could be wiped out. Meanwhile, those who buy silver now stand to profit handsomely.
YouTube 2010 Dec 2