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Gold and Dow:
Prepare for extremes you have never seen in your life
By Hubert Moolman - CommodityOnline.com
I must admit that I do not prescribe to the 2012 end of the world or end of an era phenomenon; however, my recent analysis suggests that 2012 could indeed be a very significant year.
I have been following a fractal (pattern) on the Dow chart for the last couple of years. I have written about it before, in a previous article. Basically, the Dow chart is forming a similar pattern to that which was formed in the late 60s to early 70s.
If this pattern continues in a similar manner to that of the late 60s to early 70s pattern, the Dow could indeed have a horrible year. Below, is a long-term chart of the Dow:
Gold price set for hyperbolic increase
By Alasdair Macleod - CobdenCentre.org
I recently posted an article for GoldMoney showing how US True Money Supply (TMS) appeared to be growing at a hyperbolic rate, and that gold was also on a hyperbolic course. The difference between hyperbolic and exponential is a hyperbola’s rate of growth increases with time, while exponential growth does not. Hyperbolic growth in the quantity of money ends with hyperinflation, while exponential growth can go on for ever. Both TMS and the dollar price of gold are pointing to a hyperinflationary outcome. This article explains why this might be so.
There are five apocalyptic engines pushing the growth in US money supply: they are the government’s budget deficit, its debt trap, the financial condition of the banks, the delusion of Keynesian solutions, and lastly simple compounding arithmetic.
Philipp Bagus and Alasdair Macleod
on Europe, inflation, and gold
Gold hovers around $1,600; U.S. data, Europe eyed
By Rujun Shen
(Reuters) - Gold hovered around $1,600 an ounce on Tuesday, as investors stayed on the sidelines in the final week of the year with lingering concerns about the euro zone debt crisis.
Recent upbeat U.S. economic data spurred a rally in riskier assets including equities and industrial metals, and sent gold prices up about half a percent last week.
Why silver is real money!
By David Morgan - CommodityOnline.com
In days gone by Silver was not an investment it was money, in fact silver passed through more hands in everyday commerce than any other real money including gold. I state real money to distinguish silver money from modern paper money, which has flooded the world "money" supply the past three decades.
Silver held absolutely no value as an investment when it circulated as money, it served its function perfectly, unit of account, means of payment, and most importantly as a store of value. In 1993 the United States had been off the silver standard for almost thirty years and people forgot how an honest monetary system worked.
Jim Sinclair - "MF Global is A Piece of Dynamite
Sitting Underneath the Gold Price" 1/2
Jim Sinclair - "MF Global is A Piece of Dynamite
Sitting Underneath the Gold Price" 2/2
The Koch Brothers and MF Global - Friends to the End
By Daniel Dicker - HuffingtonPost.com
So much about the collapse of MF Global, the international commodity firm, has revisited the worst sins of the 2008 financial meltdown. There's been outsized betting with other people's money using Wall Street created derivative instruments. Ongoing investigations now show that leverage in these wagers had even eclipsed the worst of the Lehman failure. As in 2008, there's been the total lack of oversight from regulatory agencies, as customer funds were diverted and used as collateral for Corzine's wagers and 50,000 accounts are now being moved without the cash that they came in with.
But perhaps the most stunning piece of news we're getting in the wake of the MF Global collapse is in the clients of the firm who managed to get away scot-free, with no freezing of accounts or capital -- particularly the accounts of the mega-cap independent oil company Koch Industries, run by the politically active Koch brothers.
U.S. commodity markets shrink after MF Global failure
By Marcy Nicholson and Frank Tang
(Reuters) - U.S. commodity markets have shrunk almost 9 percent since MF Global's collapse as farmers, investors and traders close out positions, according to a Reuters analysis of data that suggests there may be lasting effects from the industry's most disruptive broker failure.
While several different factors likely figured into the decline - including the seasonal year-end closure of trading books - the study provides the first evidence to show that smaller-scale traders who were MF Global's core customers may have been effectively frozen out of the markets.
US Gold Eagle mint sales headed for a decline,
Silver Eagle targets 40Moz
NEW YORK (Commodity Online): The US Gold Eagle mint coin sales has hit 1 million ounces (Moz) in 2011 but is however headed to post the weakest sales figures over the last years. 2010 sales had hit 1.22 Moz while 2009 was at 1.435 Moz.
Contrary to the Gold Eagle, the Silver Eagle coins have shattered the 2010 record sales of 34,662,500 ounces. Current Silver Eagle sales stand at 39,868,500 ounces and is targeting the magical 40Moz figure with just a few days remaining in 2011.
The nightmare after Christmas
By Detlev Schlichter - CobdenCentre.org
The pathetic state of the global financial system was again on display this week. Stocks around the world go up when a major central bank pumps money into the financial system. They go down when the flow of money slows and when the intoxicating influence of the latest money injection wears off. Can anybody really take this seriously?
On Tuesday, the prospect of another gigantic cash infusion from the ECB’s printing press into Europe’s banking sector, which is in large part terminally ill but institutionally protected from dying, was enough to trigger the established Pavlovian reflexes among portfolio managers and traders.
U.S. stores hope "Mega Monday" led to brisk sales
By Jessica Wohl
(Reuters) - Shoppers found a mixed bag of bargains and so-so deals on Monday, as a day off for many Americans lured some out for what was likely to be the third-busiest shopping day of the holiday season.
Chains were also hoping that shoppers coming in to redeem the millions of gift cards given as presents might be willing to spend a bit more cash of their own.
Many retailers were still relying on bargains to entice shoppers on the day after Christmas.
WILL THE SHORTER BUSINESS CYCLE
LEAD TO RECESSION IN 2012?
By Cullen Roche, PragCap.com
History may not be on the side of those calling for recession currently. According to recent data from Deutsche Bank the current expansion is still on the shorter end of the historical average length.
Since 1854 the average expansion has lasted 40 months. Since the great depression the average expansion has lasted 58 months. The last 7 expansion, however, have lasted almost 70 months on average. At month 27 the current expansion would be short by historical standards. Of course, if you’re following my balance sheet recession theory this is a relatively moot point, but if we’re going to following the standard NBER data points on recessions then this casts doubt on the odds of a technical recession occurring in the coming 12 months.
A new banking crisis: You can bank on it
Most bankers, thanks to bailouts and cheap money, watched their holdings rise even as average people lost savings.
by Danny Schechter - AlJazeera.com
You can bank on a banking crisis. You can bank on bankers who are primarily interested in their own portfolios.
You can bank on banks remaining key behind-the-scenes players in our politics and outspoken when they sense that regulators are moving in on their permanent party of payouts.
You can bank on their outrage when someone, anyone, suggests that they should pay their fair share or that their greed has to be checked or practices punished.
Bankers are circling their guilded wagons to fight off attacks on many fronts.
In the public arena, they are increasingly fed up with the "imbecilic" - stronger language to come - critics from the likes of Occupy Wall Street that they fear are inspiring public hostility to the lords of finance.
The IRS & DOJ Are Grabbing New Powers
In The Hunt For Revenue
By Bruce Krasting - BusinessInsider.com
Two headlines. Similar stories. The first from Switzerland:
US OFFERS SWISS BANKS A DEAL
The United States authorities have offered to lift the threat of legal action against 11 Swiss banks in exchange for information, a Swiss paper reported on Sunday.
This is part of a very long story. The US Justice Department has been doing everything it can to get the names of US citizens who have Swiss bank accounts. The DOJ damn near busted UBS over this a few years back. Now they are going after the other Swiss banks. The lawyers at the DOJ don’t kid around:
Biggest Risk for the U.S. Economy in 2012
Yuan hits all-time high
By Lu Jianxin and Kazunori Takada
(Reuters) - The yuan closed up against the dollar on Monday after hitting an all-time high in intraday trading, guided by a stronger mid-point by the People's Bank of China, and looks set for an over-4-percent appreciation for 2011, traders said.
The yuan is expected to remain stable or rise slightly in the last week of the year to close 2011 near 6.30 versus the dollar, in line with market expectations.
The currency is likely to continue to appreciate next year as China continues to post big trade surpluses despite a slowdown in exports and amid pressure from the United States to let the yuan rise to balance bilateral trade, traders said.
The First 12 Hours of a US Dollar Collapse
(fictious 2012 scenario)
World's Second And Third Largest Economies
To Bypass Dollar, Engage In Direct Currency Trade
Submitted by Tyler Durden - ZeroHedge.com
To all who still think that in the war of attrition between the USD and the EUR (because contrary to what some have "discovered" only recently, currency wars have been going on for a long, long time and will continue to do so, before morphing into trade and real wars), in which both currencies are doomed, and where the winner takes it all, if only for a few minutes, we bring to your attention the following most recent update out of the Pacific Rim (where incidentally the Shanghai Composite has resumed its relentless track lower with the obvious intention of closing 2011 at its 52 week low) in which we find i) that the dollar's hegemonic control over the world is ending, and ii) that the mercantilist relationship so long sustained between China and the US, may be shifting and reversing, and in its next metamorphosis will see Japan buying the bonds of... China (although probably not for long - see next post). As Bloomberg reports, "Japan and China will promote direct trading of yen and yuan without using dollars and will encourage the development of a market for the exchange, to cut costs for companies, the Japanese government said.
Keiser Report: Merry X-Max & Happy New GIABO! (E227)
Franklin Roosevelt's 1936 Address (precursor to WWII)
JESSE'S CAFÉ AMÉRICAIN
Campaign Address at Madison Square Garden, New York City.
"We Have Only Just Begun to Fight."
October 31, 1936
Senator Wagner, Governor Lehman, ladies and gentlemen:
ON THE eve of a national election, it is well for us to stop for a moment and analyze calmly and without prejudice the effect on our Nation of a victory by either of the major political parties.
The problem of the electorate is far deeper, far more vital than the continuance in the Presidency of any individual. For the greater issue goes beyond units of humanity-it goes to humanity itself.
NLRB could be shut down in new year
By Chris Isidore @CNNMoney
NEW YORK (CNNMoney) -- The National Labor Relations Board -- a top target of Republicans and business critics of the Obama administration -- could be sidelined early next year.
The agency, which is supposed to be governed by a five-member board, is down to three active members because of Senate Republican opposition to Obama's nominees. And one of them, Craig Becker, will see his term end at the conclusion of the current session of Congress.
The GOP's Payroll Tax Debacle
By Charles Krauthammer - PatriotPost.us
WASHINGTON -- Now that Congress appears finally to have reached a compromise on what must be one of the worst pieces of legislation in years -- the temporary payroll tax holiday extension -- let's survey the damage.
To begin with, what even minimally rational government enacts payroll tax relief for just two months? As a matter of practicality alone, it makes no sense. The National Payroll Reporting Consortium, representing those who process paychecks, said of the two-month extension passed by the Senate just days before the new year: "There is insufficient lead time to accommodate the proposal," because "many payroll systems are not likely to be able to make such a substantial programming change before January or even February," thereby "creat(ing) substantial problems, confusion and costs."
Jim Rogers 2012 Outlook: Pessimism With Scattered Crises
Submitted by Tyler Durden - ZeroHedge.com
Typically limited to 90 second soundbite-gathering exercises on mainstream financial media, Australia's Finance News Network gives Jim Rogers the chance to discuss much more broadly his outlook not just for 2012 but beyond. Surprised by the false optimism he sees globally, he is not concerned that consensus is too bearish, and worries that the political pressure and central banker un-independence will inevitably lead to more and more money printing. We have discussed the kick-the-can thesis extensively but Rogers moves from the desire-to-print to the consequences while covering Ron Paul and the US election, the myth of government job creation, his potentially controversial view of the Euro (and separately the Euro-zone) - all the while reminding us that he expects at least another lost decade for the US and Europe as Japan ebbs ever lower. With a view to both his geographical location and his investments, the global commodity bull remains optimistic that a Chinese slowdown will not be the end of the Asian economy (as we see in Western economies) but is broadly short equities around the world while urging investors to own real assets. Summing up, Rogers notes "...the problems are going to continue to get worse until somebody solves the basic underlying problem of too much spending and too much debt... [governments and central bankers] are not going to do anything until there’s a serious crisis or semi-crisis."
Jim Rogers - Finance News Network Interview
December 22, 2011
Three Types of People to Fire Immediately
Want a more innovative company?
Get rid of these folks. Today
By G. Michael Maddock
and Raphael Louis Vitón - BusinessWeek.com
"I wanted a happy culture. So I fired all the unhappy people."
—A very successful CEO (who asked not to be named)
We (your authors) teach our children to work hard and never, ever give up. We teach them to be grateful, to be full of wonder, to expect good things to happen, and to search for literal and figurative treasure on every beach, in every room, and in every person.
But some day, when the treasure hunt is over, we’ll also teach them to fire people. Why? After working with the most inventive people in the world for two decades, we’ve discovered the value of a certain item in the leadership toolbox: the pink slip.
Keiser Report: Capitalism Without Capital? (E226)
The Book of Jobs
"A Banking System is Supposed to Serve Society,
Not the Other Way Around"
By Joseph E. Stiglitz - VanityFair.com
Forget monetary policy. Re-examining the cause of the Great Depression—the revolution in agriculture that threw millions out of work—the author argues that the U.S. is now facing and must manage a similar shift in the "real" economy, from industry to service, or risk a tragic replay of 80 years ago.
It has now been almost five years since the bursting of the housing bubble, and four years since the onset of the recession. There are 6.6 million fewer jobs in the United States than there were four years ago. Some 23 million Americans who would like to work full-time cannot get a job. Almost half of those who are unemployed have been unemployed long-term. Wages are falling—the real income of a typical American household is now below the level it was in 1997.
Harry Reid and the Mythical Millionaire Job-Creator
Big Brother Is Watching You Shop
Retailers are linking security cameras
with software to track consumer behavior
By Ashley Lutz and Matt Townsend - BusinessWeek.com
On the Web, every click and jiggle of the mouse helps e-tailers customize sites and maximize the likelihood of a purchase. Brick-and-mortar stores have long wanted to track consumers in a similar fashion, but following atoms is a lot harder than following bits. For the most part, they’ve been forced to rely on consumer surveys, says Herb Sorensen, an adviser at market research firm TNS Retail & Shopper (WPPGY) in London. "The problem with survey research is the consumer can say one thing and do another."
Nevada Legalizes Online Poker
By Jacob Sullum - Reason.com
Yesterday the Nevada Gaming Commission unanimously approved regulations that will allow online poker and other forms of Internet gambling within the state's borders. The Wall Street Journal reports that "the new rules were designed to put the state in a position to move quickly to become the center of a lucrative new part of the gambling industry should Congress pass one of several laws overturning the ban on Internet wagering, making the state the de-facto national licensing body." In the meantime, poker sites with Nevada licenses, which could be operating by the end of next year, will be limited to players in Nevada. Licensees will have to satisfy regulators that they have a reliable system for excluding out-of-state customers. The Journal says it's not clear the Nevada market is big enough on its own to attract much interest:
Max Keiser takes offense to Goldman Sachs story pt1 of 2
Max Keiser takes offense to Goldman Sachs story pt2 of 2
Who Is Really Responsible for the Housing Crisis?
Last month, The Atlantic published an interview with Rep. Barney Frank that set off a debate about the role Washington played (or didn't play) in the mortgage bust that triggered the Great Recession. In this, our latest installment, Rep. Frank defends his record on Fannie Mae and Freddie Mac. Read Peter Wallison's opposing argument here.
By Rep. Barney Frank - TheAtlantic.com
Peter Wallison's recent article in The Atlantic, "Hey, Barney Frank: The Government Did Cause the Housing Crisis," is part of his ongoing attempt to show that the private financial industry was the victim, not the cause, of the financial crisis.
Mr. Wallison protests my characterization of him in a recent interview in The Atlantic as "a real extremist." Yet his article again proves his extremism which is marked by his denial that a failure of regulation of reckless or imprudent practices in the private financial services industry played any significant role in the crisis, and his complete rejection of the regulatory reforms in the 2010 Wall Street Reform and Consumer Protection Act.
Hey, Barney Frank:
The Government Did Cause the Housing Crisis
A member of the Financial Crisis Inquiry Commission responds to our interview with Barney Frank, arguing that without the government's intervention, there would be no housing crisis
By PETER WALLISON - TheAtlantic.com
On December 9, The Atlantic published online an interview with Congressman Barney Frank. In it, he called me a "real extremist." This name-calling was not only false but also inappropriate to the seriousness of the issue -- which is whether government housing policy, and not the banks or the private sector, caused the 2008 financial crisis. I decided to respond to both Congressman Frank's statements and the questions he was asked about government housing policy and the financial crisis.
We're hearing Republicans in the presidential primary blame the housing crisis on the Clinton-era push to lend more to poor people. In your view, what caused the mortgage crisis and subsequently the financial crash?
'Dysfunctional' Government Is a Feature, Not a Bug
By Jeff Jacoby PatriotPost.us
You don't need me to tell you that the chattering class is appalled by the partisan gridlock and political bickering that keeps Washington from dealing efficiently with the nation's problems. Last week Gallup measured Congress's job approval at 11 percent, a new low. Heading into Christmas week, you could hardly open a paper or turn on the radio without encountering a wave of dudgeon over the latest legislative squabble -- a standoff over extending a payroll tax cut that expires on Dec. 31. "Just when you thought the mess in Washington couldn't get any messier" was the way an exasperated Washington Post editorial began, while a columnist in The Examiner pronounced the wrangling on Capitol Hill "almost a parody of Washington dysfunction."
Paul builds campaign on doomsday scenarios
By Andy Sullivan
(Reuters) - The man who might win the Republican Party's first presidential nominating contest fears that the United Nations may take control of the U.S. money supply.
Campaigning for the January 3 Iowa caucuses, Ron Paul warns of eroding civil liberties, a Soviet Union-style economic collapse and violence in the streets.
The Texas congressman, author of "End the Fed," also wants to eliminate the central banking system that underpins the world's largest economy.
Constance Cumbey is on to something BIG regarding 2012 'karmageddon' 12.21.2012 - from the New Age movement that is now flourishing, once again.
The Spread of Occupy Wall Street
By Constance Cumbey
Merry Christmas to all. If the 12-21-2012 New Age / Occupy Wall Street contingent gets its way, including those calling for our respective "Karmageddons" (Shirley Maclaine, et al), future celebrations may become problematic. In the meantime, enjoy the season with your families and remember that Jesus is the reason for the season!
Here is a copy of the abstract of the academic paper shown on the Occupy Wall Street Movement spread -- at least its Facebook aspects. It would be interesting to see an update. There are 3,180,000 google hits on the "Occupy Movement" as of the time of this blogspot posting:
Since Occupy Wall Street began in New York City on September 17th, the movement has spread offline to hundreds of locations around the globe. Social networking sites have been critical for linking potential supporters and distributing information. In addition to Facebook pages on the Wall Street Occupation, more than 400 unique pages have been established in order to spread the movement across the US, including at least one page in each of the 50 states. These Facebook pages facilitate the creation of local encampments and the organization of protests and marches to oppose the existing economic and political system.
Occupy Movement -
How some New Agers view Moscow developments
By Constance Cumbey
I had inquiries in our forum ("comments") section about how whether I thought the recent Moscow mass demonstrations were connected in any way with the Occupy Movement (including but not limited to Occupy Wall Street). My answer was "yes." It is my firm belief that the Occupy Movement is tied to New Age expectations for their "Ascension" date of 12-21-2012 and our supposed "Karmageddon" (Shirley Maclaine et al). Here is one New Ager "Occupy" perspective on it. There are many others: [see screenshot of web site]
As you can see, this site is typical of the "witches' brew" that is the Occupy Movement: Mayan calendar expectations tied in with spiritualism and political changes (i.e. chaos) sought by those hoping this will help usher in their "New Age."
George Soros Funds Occupy Wall Street
by Matthew Vadum - HumanEvents.com
Radical anti-American billionaireGeorge Soros is a major backer of a left-wing group that is funneling money to the Occupy Wall Street movement.
The nonprofit organization at the receiving end of Soros’ largesse, Alliance for Global Justice, is managing donations benefiting the communists, socialists, anarchists and hippies now occupying Zuccotti Park in lower Manhattan. As of Oct. 19, OWS had taken in a grand total of $435,000 from all sources, including donations made by individuals online and in person, according to reports.
The George Soros Connection to 'Occupy Wall Street'
Until now, I have held back on making the accusation that some others have that George Soros has been a major influence on Occupy Wall Street, but when something becomes obvious, it's time to state it.
It is well known that Occupy Wall Street was launched by the curious group, Adbusters. There is a possible tie between Adbusters and Soros.
According to disclosure documents from 2007-2009, Soros' Open Society gave grants of $3.5 million to a murky San Francisco-based operation known as Tides Center. Tides then gave Adbusters grants totaling $185,000. Was Soros responsible for the grants to Adbusters? That's unclear. Tides provides cover for its donors in the sense that it makes the donations to outfits such as Adbusters and it becomes unclear who may have directed Tides to do so. Reuters tried to link the Adbusters donations to Soros, but was attacked bySlate because, you see, Tides made the donations, not Soros, and who knows, maybe it was another Tides donor that caused the grants to Adbuster. Very murky stuff. Soros apologists, because the grants came from Tides, can attack day after day on the fact that money hasn't come from Soros directly and can argue that there is no proof that the money came from Soros at all. What can be argued is that, if Soros wanted to hide the fact that he was funneling money to Adbusters, then using Tides as a cover is a perfect method of doing so. The Tides funding of Adbusters is a dangling clue. It hints of Soros, but because of the shell game played, you can't tie it down and as Reuters learned, their report is now off the internet, if you try to make the jump, gunslingers are going to come after you charging that you haven't completed the links, when the very use of Tides prevents completion of links. Cute.
NWO: Their "Master Plan" EXPOSED!
Denver Broncos Star
Tim Tebow's Scandalous Devotion to Christianity
by Gary Bauer - HumanEvents.com
Christmas this year has provoked the usual attacks from militant secularists intent on banning public recognition of Christ’s birth. But arguments over holiday trees and nativity scenes are only a small part of what constitutes one of the deepest divides in American life: between shallow spirituality and authentic conviction. There is nothing that offends many atheists and secularists more than deeply held Christian belief.
Consider Tim Tebow. The Denver Broncos quarterback is one of the most controversial players ever to play in the National Football League. That’s strange given the long list of felons and self-promoters who have played in the league.
Iraqi interpreters for U.S. military in dangerous limbo
Thousands were promised spots first in line for special visas to the U.S., but the process has slowed to a crawl. Now the Iraqis, targeted for death because of their service to America, can only wait.
By David Zucchino, Los Angeles Times
Reporting from Baghdad— He rarely leaves his house. He's been shot at by gunmen in a passing car. He gets death threats over the phone.
"Traitor," the callers say. "American agent."
Tariq, 27, is a quick-witted, tech-savvy Iraqi who tosses off idiomatic American English phrases such as "I'm outta here" and "That's cool."
When he served as an interpreter for the U.S. military, Tariq lived on a secure base, safe from fellow Iraqis determined to kill him because of his service to America. But when the unit he served pulled out of Iraq on Oct. 13, he was dismissed and escorted off the base.
Reading the Persian Tea Leaves
What's going on between Khamenei and Ahmadinejad?
By GEORGE H. WITTMAN - The American Spectator.org
It is always difficult to be an Iranian politician. One has to work so hard to make sure you are recognized as being against the right thing. Being properly negative -- and that also means being against the correct issue at the correct time -- requires considerable attention to the signs coming from the office of the supreme leader, Ayatollah Ali Khamenei. This is not always easy. The leader's office is a form of combined national and international security staff. From this office reflects the consideration and movement of all key domestic and foreign policies. If you do not have access to this center, you are not "in the loop."
Koch Brothers Flout Law Getting Richer With Secret Iran Sales
By Asjylyn Loder and David Evans - Bloomberg.com
In May 2008, a unit of Koch Industries Inc., one of the world’s largest privately held companies, sent Ludmila Egorova-Farines, its newly hired compliance officer and ethics manager, to investigate the management of a subsidiary in Arles in southern France. In less than a week, she discovered that the company had paid bribes to win contracts.
"I uncovered the practices within a few days," Egorova- Farines says. "They were not hidden at all."
She immediately notified her supervisors in the U.S. A week later, Wichita, Kansas-based Koch Industries dispatched an investigative team to look into her findings, Bloomberg Markets magazine reports in its November issue.
'Will nuclear army of 5 mln support new Korean leader?'
Rep. Paul says defense bill assures
‘descent into totalitarianism’
By Jonathan Easley - 12/26/11 09:25 AM ET
GOP presidential candidate Ron Paul warned that the National Defense Authorization Act, which was passed by Congress this month, will accelerate the country’s “slip into tyranny” and virtually assures "our descent into totalitarianism."
"The founders wanted to set a high bar for the government to overcome in order to deprive an individual of life or liberty," Paul, the libertarian congressman, said Monday in a weekly phone message to supporters. "To lower that bar is to endanger everyone. When the bar is low enough to include political enemies, our descent into totalitarianism is virtually assured. The Patriot Act, as bad as its violations against the Fourth Amendment was, was just one step down the slippery slope. The recently passed National Defense Authorization Act continues that slip into tyranny, and in fact, accelerates it significantly."
* * * * * LISTEN CAREFULLY! * * * * *
Former CIA Agent's Message to America
Lindsey Williams Middle East Crisis
3 DVD Set March 2011..
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Archived Page Link
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