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Monday 03.12.2012

Impeachment proceedings begin...

H.Con.Res. 107
112th CONGRESS
2d Session
H. CON. RES. 107
Expressing the sense of Congress that the use of offensive military force by a President without prior and clear authorization of an Act of Congress constitutes an impeachable high crime and misdemeanor under article II, section 4 of the Constitution.

OBAMA IMPEACHMENT BILL NOW IN CONGRESS
Declares president's use of military
without approval 'high crime, misdemeanor'
by DREW ZAHN - WND.com
Let the president be duly warned.
Rep. Walter B. Jones Jr., R-N.C., has introduced a resolution declaring that should the president use offensive military force without authorization of an act of Congress, "it is the sense of Congress” that such an act would be “an impeachable high crime and misdemeanor."
Specifically, Article I, Section 8, of the Constitution reserves for Congress alone the power to declare war, a restriction that has been sorely tested in recent years, including Obama’s authorization of military force in Libya.

Will A Sitting President Finally Be Held Accountable
For High Crimes and Misdemeanors?
Impeachment proceedings begin in the House and the Senate over Obama’s brazen use of aggressive military force without congressional authority.
By Eric Blair - Infowars.com
Since 2005, Veterans for Peace and others have been calling for the impeachment of the sitting president for war crimes. After their demands to lawmakers to uphold the rule of law against Bush were largely ignored, they renewed their effort to impeach Obama once he continued to bomb sovereign nations without congressional approval. Now, lawmakers seem to have finally decided to take the rule of law and Separation of Powers seriously.

Déjà Vu:
Obama's Military Actions in Syria May Be Impeachable
BY RAVEN CLABOUGH - TheNewAmerican.com
On Wednesday, Secretary of Defense Leon Panetta and Joint Chiefs of Staff Chairman General Martin Dempsey told the Senate Armed Services Committee that the Obama administration would seek "international permission" before engaging in war in Syria. Besides the possibility that it is merely a ruse — as there is growing evidence that the United States may already be covertly involved in Syria’s war — for the United States to seek permission from other nations to go to war is unconstitutional. For that reason, Representative Walter Jones (R-N.C., left) has just introduced House Concurrent Resolution 107, calling for the impeachment of the President if he declares war without congressional approval.

Media Cover-up Of Obama Impeachment Exposed!
The impeachment Of War criminal Barack obama has begun but the globalist controlled traitor media is blacking this huge news out.

The Impeachment of Barack Hussein Obama?
by Phil Olson - GroundReport.com
Could it be possible? Congress wants to impeach Barack Hussein Obama? Or is this just another Republican maneuver for election time publicity? According to a March 8, 2012 infowars.com article it is possible that Congress could seek an impeachment on the grounds of unauthorized military use. According to Congressional rules Barack Obama has violated the rules set that clearly state that the President must seek Congressional approval before using military force. Now he says it was OK because he had international support but how does that make it OK. They aren't our Congress. They don't determine what is right or wrong for us. Our Congress is supposed to determine whether or not to use the military for forceful actions on another country. This law also clearly states "any use of military force by Obama without explicit consent and authorization of Congress constitutes an impeachable high crime and misdemeanor under article II, Section 4 of the Constitution." So how then, last year, was Barack Hussein Obama able to use military force in Libya? That is the question at hand here. That is also why Congress is pushing a resolution through Congress, which has been highly underreported by mainstream media, to look into further actions to be taken upon the President.

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Regulators close small Chicago bank,
making 13 bank failures so far this year
By Associated Press, WashingtonPost.com
WASHINGTON — Regulators have closed a small bank in Chicago, the 13th U.S. bank to fail this year.
By this time last year, 23 had been shuttered.
The Federal Deposit Insurance Corp. on Friday closed New City Bank, which had $71.2 million in assets and $72.4 million in deposits as of Dec. 31.
The FDIC did not find another lender to take over the bank’s operations, so it will mail out checks to depositors in the amount of their insured funds.

Gold could see potential bounce next week
By Debbie Carlson - CommodityOnline.com
After the recent volatility in gold, some market participants believe the yellow metal could see a rebound next week, but overall their tone is cautious given jitters in the Middle East, technical charts and Tuesday’s monetary policy meeting.
Prices were higher on Friday and mixed on the week. The most-active April gold contract on the Comex division of the New York Mercantile Exchange settled at $1,711.50 an ounce, up 0.1% on the week. May silver settled at $34.525 an ounce, down 0.9% on the week.

Gold bull market will continue
as central banks print more money
NEW YORK (Commodity Online): Gold Bullion market run is expected to continue as the central banks are going on printing money around the world which gives chance for more investors to participate in the great bull run, says a recent article by Danny Esposito, Co-editor to Penny Stocks Detectives.
Esposito comments, "Historically, gold bullion has always done well when central banks print money. In the last three years, central banks have been on a money-printing binge never seen before in the history of the world."

Gold Not Automatic Crisis Winner
BY CARL SWENLIN - FinancialSense.com
We are in the midst of turbulent times, and it seems inevitable that things can only get worse. When casting about for a safe investment, it seems that gold is one of a very few areas of safety (and I don't know what the other ones are); however, when we look at historical charts, it is obvious that gold doesn't always behave in the way we would expect.

Gold Confiscation 1934 v. 2012?
Ian R. Campbell - StockResearchPortalBlog.com
An article came to my attention this past weekend that purports to explain why the Franklin Roosevelt Administration confiscated physical gold from Americans in 1933. The article’s conclusion "to get it out of the hands of the people" seems to me to be a rather 'ho hum' one.
However, assuming the statistics quoted in the article are accurate, I did find a number of them very interesting when compared with today’s prevailing circumstances. Those statistics enable the following calculations:

• in December 1932 the U.S. Gold Reserve stood at 204.5 million ounces, or 6,390.6 tons (5,797.5 tonnes); and,
• by August 1933, as a result of confiscation and I assume other U.S. Federal Government net purchases, the U.S. Gold Reserve stood at 227.9 million ounces, or 7,121.9 tons (6,460.9 tonnes).

Handicapping the Collapse
BY JIM WILLIE - FinancialSense.com
Scattered diverse and almost uniformly unfavorable and dangerous events are unfolding, as the global economy and financial structure undergoes the equivalent of endless earthquakes and bombardment of solar emissions. Reporting is difficult, since information is distorted toward the sunny side. Events are moving fast, as quickly as the danger level is rising. As conditions worsen, the hype and spin has risen almost out of control. The political machine, tied at the hip to the banking apparatus, has ramped up the growth story even as the strain on the information spin has become more visible and subject to heavy criticism. A re-election year is always fraught with risk of unmasked falsehoods making headlines. For some reason the Mayans have been lifted in prominence despite their cultural vanishing act. Like calling the dodo bird the epitome of future evolution in the aviary world of ornithology. The Jackass prefers the eagle, hawk, and falcon. Nonetheless, the list of acts on stage is replete with stories of collapse. A review is useful. Keep in mind that whatever happens to Greece will serve as vivid preview of what is to come in Italy, Spain, and perhaps France. Much more ruin comes. Witness the great unraveling. The only winners will be tangibles, like gold, silver, crude oil, and farmland.

America Is Being Transformed From A Wealthy Nation
Into A Poor Nation At Breathtaking Speed
By Michael Snyder - EndOfTheAmericanDream.com
America is losing wealth far faster than any other nation on earth is. In fact, since the mid-1970s there has been a transfer of wealth of almost 8 trillion dollars from the United States to the rest of the world. Sadly, most Americans have no idea what is happening. Most of them are completely unaware that America is being transformed from a wealthy nation into a poor nation at breathtaking speed. Most Americans just assume that America will always have the largest economy on earth and will always be the wealthiest nation on the globe. Unfortunately, just because something was true in the past does not mean that it will be true in the future. Right now, the United States is bleeding wealth at a pace that is almost unimaginable. Every single month, tens of billions of dollars of wealth is permanently transferred from the American people to the rest of the world. That means that the overall economic pie is shrinking. While the rich and the poor are busy fighting over the distribution of wealth in this country, the size of the pie that they are dividing up is continually getting smaller. America is poorer than it was last month, and next month it will be even poorer. If this continues, it will result in a complete and total economic nightmare.

End Fed’s power; give it to free market
By Armstrong Williams - WashingtonTimes.com
Ron Paul wants to abolish the Federal Reserve. He may be right: It is hard to see how the Fedhas enhanced our economy.
Since 1971, when President Nixon ended the gold standard, the dollar’s value has been more volatile than in any previous period, not only in immediate, day-to-day volatility, but also over the long run. People often marvel that a loaf of bread used to cost a dime, but they never ask why so much inflation has occurred over these past few decades.

As Fed Officials Prepare to Meet,
They Await Clearer Economic Signals
By BINYAMIN APPELBAUM - NYTimes.com
WASHINGTON — The scheduled meeting Tuesday of the Federal Reserve’s policy-making committee is unlikely to resolve the foremost question confronting the central bank: What happens next?
The Fed plans to complete by the end of June its current campaign to suppress long-term interest rates, keeping borrowing costs low for businesses and consumers. Some Fed officials see no reason for new measures, as the economy appears to be gaining strength. Others are eager for a new campaign, arguing that the recovery remains weak. But public remarks by Fed officials suggest a decision will not come before the committee’s next meeting in April.

Greek insolvency averted;
future issues likely to mean safe haven gold demand:
Commerzbank
NEW YORK (Commodity Online): A Greek bond swap appears to have been successful, enabling the country to avoid insolvency for now, but gold could still draw safe-haven demand since European debt problems are likely not over, said Commerzbank in a research note.
According to the bank, the agreement of investors to take a "haircut" on their Greek debt holdings was a prerequisite for the country to receive payment on a new bailout package.

Why China Is Dumping The Dollar -
And Why You Should Read Up on the Weimar Republic
Submitted by CrownThomas - ZeroHedge.com
As ZH posted today, China is systematically dumping the dollar (and beginning to set up other agreements). CNBC assures everyone, however, that things are fine. Don't read those anonymous financial blogs.
China has a long way to go in turning itself into more of a consumption based economy, so the dumping of USD has to be rather gradual (as to not rock the boat too much, the U.S. still needs to be supplied the funds to purchase Chinese goods, and also most trades are settled in USD for now), but it is happening.

Greece Has Defaulted - Which Country In Europe Is Next?
By Michael Snyder - TheEconomicCollapseBlog.com
Well, it is official. The restructuring deal between Greece and private investors has been pushed through and the International Swaps and Derivatives Association has ruled that this is a credit event which will trigger credit-default swap contracts. The ISDA is saying that there are approximately $3.2 billion in credit-default swap contracts on Greek debt outstanding, and most analysts expect that the global financial system will be able to absorb these losses. But still, 3.2 billion dollars is nothing to scoff at, and some of these financial institutions that wrote a lot of these contracts on Greek debt are going to be hurting. This deal with private investors may have "rescued" Greece for the moment, but the consequences of this deal are going to be felt for years to come. For example, now that Greece has gotten a sweet "haircut" from private investors, politicians in Portugal, Italy, Spain and other European nations are going to wonder why they shouldn't get some "debt forgiveness" too. Also, private investors are almost certainly going to be less likely to want to loan money to European nations from now on. If they will be required to take a massive haircuts at some point, then why in the world would they want to lend huge amounts of money to European governments at super low interest rates? It simply does not make sense. Now that Greece has defaulted, the whole game is going to change. This is just the beginning.

Forget 'economic spring' - Greek outlook is stormy
While last week's debt swap was obviously important, there is still a very real danger of Greece needing yet another bail-out quite soon and eventually leaving the euro.
By Liam Halligan - Telegraph.co.uk
A couple of weeks ago, I sat on the speakers' podium during the opening panel of the Euromoney Bond Investors' Congress in London. Together with leading industry experts, including senior ratings agencies' officials, we engaged in a detailed discussion of the contentious aspects of the Greek debt debacle and the fate of the eurozone.
The audience was "top drawer; the room packed with 500 of the world's biggest bond market participants; the combined assets under management measured in the trillions of dollars.

Is Germany Actually Preparing To Leave The Euro?
By Michael Snyder - TheEconomicCollapseBlog.com
For a long time, most analysts have believed that if someone was going to leave the euro, it would be a weak nation such as Greece or Portugal. But the truth is that financially troubled nations such as Greece and Portugal don't want to leave the euro. The leaders of those nations understand that if they leave the euro their economies will totally collapse and nobody will be there to bail them out. And at this point there really is not a formal mechanism which would enable other members of the eurozone to kick financially troubled nations such as Greece or Portugal out of the euro. But there is one possibility that is becoming increasingly likely that could actually cause the break up of the euro. Germany could leave the euro. Yes, it might actually happen. Germany is faced with a very difficult problem right now.

There Will Be Contagion
By: John Mauldin - GoldSeek.com
The headlines are about Greece, but the real story is not Greece but who is next. European leaders were right to be worried only a short while ago about contagion effects of a Greek default to the entire Euro system, which of course they now say doesn't exist. This week we look at Europe, and sort through the ever more fascinating implications of the news in today's headlines.

Should Iceland's Next Currency
Be the Canadian Loonie or Gold?
BY PETER KRAUTH, Global Resources Specialist, Money Morning
My eyes nearly popped out of my head when I read this headline: "Iceland Considers Adopting Canadian Loonie."
The loonie is otherwise known as the Canadian dollar.
Of course, gold would be a much a better choice as I'll explain later.
But the simple fact that this tiny nation of 330,000 is even thinking about using the Canadian dollar as its currency would have been unheard of just five short years ago.
After all, we live in a world that is literally littered with fiat money. In this world the U.S. dollar has been at the top of the heap.
That the loonie may be Iceland's top choice is just stunning.

Global liquidity peak spells trouble for late 2012
The global liquidity cycle has already rolled over. Assuming that no fresh action is taken, world economic growth will peak within a couple of months and then fade in the second half of the year - with grim implications for Europe’s Latin bloc.
By Ambrose Evans-Pritchard - Telegraph.co.uk
Data collected by Simon Ward at Henderson Global Investors shows that M1 money supply growth in the big G7 economies and leading E7 emerging powers buckled over the winter.
The gauge - known as six-month real narrow money - peaked at 5.1pc in November. It dropped to 3.6pc in January, and to 2.1pc in February.
This is comparable to falls seen in mid-2008 in the months leading up to the Great Recession, and which caught central banks so badly off guard.

Greek tutorial in credit-default swaps
Credit default swaps are insurance products. It’s time we regulated them as such.
By Barry Ritholtz - WashingtonPost.com
Last week, Greece officially defaulted on its debt. (Unofficially, it defaulted long ago.) This formal default on about $100 billion triggered payment of $3 billion in credit-default swaps. These are the non-insurance insurance products that pay off in the event of a default.
Let’s take a closer look at the tortured history of the swaps and see why they should be regulated as commercial insurance policies.

Evaluating ECRI’s Recession Call
BY DOUG SHORT - FinancialSense.com
ECRI's Weekly Leading Index Improves (Slightly) Yet Again
The Weekly Leading Index (WLI) growth indicator of the Economic Cycle Research Institute (ECRI) came in at -2.6 in today's public release of the data through March 9th. This is the eighth consecutive week of improvement (less negative) data for the Growth Index and the highest level (i.e., least negative) since August 19th of last year. The underlying WLI also improved, increasing from an adjusted 124.1 to 124.3 (see the third chart below).

Stock Market & Economy Heading Higher
Whether We Like it or Not
BY CHRIS PUPLAVA - FinancialSense.com

"When the facts change, I change my mind. What do you do sir?" – John Maynard Keynes

If the market is doing something quite different than what you think it should be doing, it's time to reevaluate your thesis.
Great calls are not just about getting the direction right but also the timing. If you take a bearish or bullish view on the market, economy, or an individual stock and it moves contrary to your opinion, there are two questions an investor should ask: 1) am I wrong or 2) am I right and suffering the consequences of bad timing?

Keiser Report: Hackers & Pirates -
true GDP boosters (E260)
n this episode, Max Keiser and co-host, Stacy Herbert, discuss hackers and pirates as true GDP boosters and independent artists being censored by the financial industry. In the second half of the show, Max talks to independent journalist Teri Buhl about a crowd-funded investigation into swinging and scamming in the hedge fund capital of the world, New Canaan, Connecticut.

U.S. Still Down 6 Million Jobs
By Sarah Morgan - SmartMoney.com
The stock market has recovered its losses since hitting bottom three years ago today. But despite gains in employment during that same stretch, America is still down six million jobs, data shows.
The economy added 227,000 jobs in February, more than the 204,000 economists expected, the Labor Department reported this morning. The unemployment rate remained unchanged at 8.3% from last month. But while the economy has added more than 200,000 jobs for three straight months, the damage to employment done by the Great Recession is still far from repaired.

Why Markets Disliked the Positive Jobs Report
BY SY HARDING - FinancialSense.com
There was much anticipation in advance of Friday’s Labor Department employment report for February. The report has a reputation for often coming in with a big surprise in one direction or the other that creates a dramatic market response. This time it did not. The consensus forecast was that 213,000 new jobs were created in February, and the unemployment rate would remain at 8.3%. The actual report was that 227,000 new jobs were created, and the unemployment rate remained at 8.3%.

Newspapers Are America's Fastest-Shrinking Industry
By Derek Thompson - TheAtlantic.com
LinkedIn and the Council of Economic Advisors mapped the fastest-growing and fastest-shrinking industries since 2007, the year the Great Recession started. Renewables are at the top and newspapers are at the bottom. Here's the graph:

Rep. Frank joins calls for top Fannie,
Freddie regulator to be replaced
By Mike Lillis - TheHill.com
Rep. Barney Frank has joined the growing chorus of Democrats calling for the removal of the nation's leading housing regulator.
The Massachusetts Democrat said Edward DeMarco, head of the federal agency that oversees Fannie Mae and Freddie Mac, has been "too rigid" in his approach to foreclosure prevention and should be replaced.
"He's been too rigid in refusing to help on foreclosures," Frank, the ranking member of the House Financial Services Committee, said Wednesday.

FHA mortgages are poised to get more expensive
The FHA plans to impose limits on the amount of money that home sellers can contribute at closing and to raise mortgage insurance premiums.
By Kenneth R. Harney - LATimes.com
Reporting from Washington—
If you're considering buying a house with an FHA mortgage and expect the seller to help out with your closing costs, here's a heads-up: The Federal Housing Administration plans to impose significant restrictions on the amount of money that sellers can contribute at closing in the near future.
On top of that, the FHA also will be raising its mortgage insurance premiums during the coming weeks, increasing charges for new purchasers across the board.

Stockton... the next bankruptcy?
Stockton residents watch their port city slip away
Within three months, the Central Valley city of 300,000 could become the nation's largest municipality to file for bankruptcy. The City Council is trying to slow or stop the bust by entering mediation.
By Diana Marcum, Los Angeles Times
Reporting from Stockton — The name painted in the plate-glass window, "Bradley's," has a martini glass standing in for the "y."
The late-afternoon sun has turned the other windows into mirrors. Deep inside, in bar-appropriate shadow, patrons rest their drinks on 100-year-old mahogany and, as in many a neighborhood pub, consider hopes gone astray.

* * * * *

Evolving Global Financial Crisis. Selling "Foreclosed Homes"
By Bob Chapman, International Forecaster - InfoWars.com
The government is preparing to package and sell foreclosed homes. We do not know what discount to the current market there will be but you can guess it will be 20% or more. This event will cause home prices to trend lower dependent on whether the houses are put up for sale or rented. These homes will only be available to big buyers such as hedge funds and others with enormous amounts of capital. It is expected that the homes will be sold in lots of 5,000 to 10,000 and the minimum bid would be $1 billion. This is corporatist fascists busy at work. You could call it the largest transfer of wealth from the private to the public sector in history. Fannie Mae and Freddie Mac could be sellers of 250,000 or more homes with more in the wings, perhaps another 250,000. Can you image what further damage that would do to home prices? In the auction process the big winners will be the big NYC money center legacy banks, hedge funds and other mega investors. Others playing a big part will be management and marketing contractors that presently manage government properties. The owners and officers of these firms are former high-ranking government officials. The goal is to rent these residences, creating cash flow and then roll the bundles into REITS, real estate investment trusts. At that juncture the public can then participate as investors.

Foreign buyers are snapping up U.S. homes
With foreign entities wary of mortgage-backed securities, buyers are focusing on individual homes — a welcome occurrence in regions suffering from a glut of properties on the market.
By Lew Sichelman - LATimes.com
Reporting from Washington—
Because of the housing market meltdown, foreign governments and banks are shying away from bonds backed by American home loans. But individual foreign buyers are taking advantage of the crash to snap up U.S. bargains at a record clip.
When housing was flying high, foreign entities were buying the lion's share of the mortgage-backed securities packaged by Fannie Mae and Freddie Mac, the two quasi-government agencies that help keep the housing finance system flush with cash by buying mortgages from Main Street lenders.

Why Are Police In America Treating Women Like Dogs?
By Michael Snyder - EndOfTheAmericanDream.com
When I was growing up, police in America generally treated women with gentleness and respect. It was generally understood that women were not to be thrown around or mistreated by police unless they were being openly violent. But in most areas of the United States those days are long gone. Sadly, many police officers seem to make it a point to be especially mean and degrading to women. All over the country women are being openly abused and humiliated by police. In America today, women are being yanked around by their hair by police, women are being pepper sprayed directly in the face by police, and women are being brutally strip-searched in front of leering male police officers. This is not how a civilized nation should be treating women and there is no excuse for treating women like dogs. The incidents that you are about to read about are absolutely shocking. They reveal just how far America has fallen. If police will treat non-violent women like dogs, then what will they do when the time comes to arrest you? That is something to think about.

Why Obamacare's Medicaid Expansion
Will Reduce Health Care Access
By Avik S. A. Roy (guest)- TheAtlantic.com
Chapin White of the Center for Studying Health System Change has published an important new paper inHealth Services Research, a journal of health economics, which suggests that a critical part of the Affordable Care Act--its expansion of Medicaid coverage to 16 million more Americans--may actually reduce those individuals' access to health care.
White's report comes on the heels of numerous studies that show that patients on Medicaid, our national government-run health-care program for the poor, do far worse on health outcomes than do those on private insurance, and in some cases, worse than those with no insurance at all.

States reject offer to buy prisons
Trend moving away from once-popular privatization
By Greg Bluestein - AP - WashingtonTimes.com
ATLANTA — The nation's largest private prison company made an enticing offer to 48 states that went something like this: We will buy your prison now if you agree to keep it mostly full and promise to pay us for running it over the next two decades.
Despite a need for cash, several states immediately slammed the door on the offer, a sign that privatizing prisons might not be as popular as it once was.

70% of all Ground Beef Contains "Pink Slime" ... and USDA Bought 7 Million Pounds of the Stuff for School Lunches
Submitted by George Washington - ZeroHedge.com
ABC news notes:
"Pink slime," a cheap meat filler, is in 70 percent of the ground beef sold at supermarkets and up to 25 percent of each American hamburger patty, by some estimates.
The USDA just bought 7 million pounds of pink slime to add to school lunches (up from 5.5 million pounds in 2009).

Jamie Oliver's Food Revolution:
70% of America's Beef is Treated with Ammonia
On the Season Premiere of Jamie Oliver's Food Revolution filmed in Los Angeles and aired on April 12, 2011, Jamie demonstrates how 70% of America's ground beef contains leftover cow parts (a.k.a. "pink slime") containing e.coli and salmonella that has been treated with ammonia. Ammonia treated meat can be found in virtually all conventional grocery stores, fast food restaurants, many national restaurant chains, and school cafeterias. The saddest part is that the USDA allows this ammonia treated meat to enter the marketplace and with no labeling requirement on the packaging to inform the consumer that the meat their about to buy contains ammonia, thus hiding the truth and pulling a wool over the consumer's eye. This is certainly a rude awakening to the majority of Americans that don't know where the meat in their fridge, the meat in their conventional local grocery store, the meat in their fast food hamburger, and the meat in their restaurant made hamburger comes from. How do you avoid this poison? Buy beef that has come from grass fed cows, which can be found at natural and organic grocery stores and your local farmers market. No matter the size of your town or city, grass fed beef (real beef) is not out of reach. Unlike ammonia treated beef, grass fed beef is clearly labeled and contains no ammonia.

It's now illegal to know what's in your food
Todd Tucker, Public Citizen's Global Trade Watch joins Thom Hartmann. Put down that fork! Do you now what's REALLY on your dinner plate? Well - it's becoming increasingly difficult for you to find out and there may be very little our lawmakers can do about it. Do you know what's in your dinner? Chances are...you probably don't. That's because recent rulings by the World Trade Organization have made it harder and harder for Americans to know if what they're eating is safe - and exactly where it came from. For example - last month - the the WTO struck down a law passed by Congress and signed by the President in 2008 had required labels on all meat so that we know what country the cattle was born, raised, and slaughtered in. Think about that for a second - laws passed by our elected Representatives are being struck down by foreign bureacrats and corporations through the World Trade Organization. Also this year - the WTO struck down dolphin-safe tuna labels - arguing that it would do economic harm to foreign fishing fleets that slaughter dolphins in the process of catching tuna. So why is this? Why is it suddenly illegal for us to know more about what's in the food we eat? And why are we as a nation bending at the will of the WTO?

ACLU warns of expanded spying powers
in new GOP cybersecurity legislation
By Brendan Sasso - TheHill.com
The American Civil Liberties Union (ACLU) is warning that a cybersecurity bill from Sen. John McCain (R-Ariz.) and other Republicans would give spy agencies unprecedented powers to snoop through people’s personal information.
McCain's bill, the Secure IT Act, would encourage companies to share information about cyber threats with government agencies, including the National Security Agency (NSA) and U.S. Cyber Command.

The Cato Coup
By Jeff Harding - DailyCapitalist.com
There is a huge buzz going around the libertarian Internet about Charles Koch’s lawsuit to take control of the Cato Institute and kick Ed Crane off the board. The controversy is, according to the Koch brothers, about Cato’s lack of enthusiasm for supporting political candidates. Ed Crane, a founder and its president, says because of its tax status it cannot support political candidates, and that Cato’s goal should remain one of influencing political ideas. What makes it interesting is that there is a history going back to its founding that contrast the mission of Cato and the Mises Institute.

Brazil’s new consumer class flocks to U.S. to shop
By Gisela Salomon and Jenny Barchfield - AP - Washingtontimes.com
RIO DE JANEIRO (AP) — The overstuffed bags filling Fernando Mello’s luggage cart wobbled precariously as the gym owner made his way home one morning through Rio's international airport. Navigating the terminal, Mr. Mello was part of a horde of other Brazilian travelers returning with loot found in the strip malls and discount outlets of south Florida.
His girlfriend’s freshly purchased Michael Korshandbag in gold lame sat atop four bulging suitcases like a shining crown — a testament to the newfound consumer power of Brazilian travelers, who now spend more per capita than any other visitors to the U.S.

World Government = Global Death!
The elites establishing world government have openly stated a plan to exterminate 6 billion people. The system is not run by people who are just corrupt, it is controlled by blood lusting control freaks who are unspeakably evil.

U.S. soldier held in shooting rampage
that killed 16 Afghans, officials say
By Ernesto Londoño and Javed Hamdard - WashingtonPost.com
KABUL — An American soldier walked off his base in a remote southern Afghan village shortly before dawn Sunday and opened fire on civilians inside their homes, killing at least 16, including nine children, Afghan officials said.
The shootings in the Panjwai district of Kandahar province appeared to mark the deadliest intentional attack on civilians by a U.S. soldier in the decade-long Afghanistan war. Although U.S. officials promptly detained the suspect, a staff sergeant, the incident seemed certain to stoke anti-American sentiment at a time of growing unease about the presence of foreign troops in Afghanistan and increasing pessimism among Americans about the U.S. mission here.

Aircraft Carrier Enterprise Sets Off
On Final Journey - Direction Iran
Submitted by Tyler Durden - ZeroHedge.com
Today at noon Eastern, the storied aircraft carrier Enterprise, aka CVN-65, left its home port of Naval Station Norfolk one final time for its final voyage with a heading: Arabian Sea, aka Iran. There in a week it will join CVN 72 Lincoln and CVN 70 Vinson, as well as LHD 8 Makin Island, all of which are supporting any potential escalation of "hostilities" in the Persian Gulf region. As a reminder, back in January we learned that the Enterprise's final voyage will be in proximity to Iran, and in the meantime, the aircraft carrier held extended drills off the Florida coast to attack a "faux theocracy" consisting of fundamentalist "Shahida" states. Why the Arabian Sea in about 7-10 days will be home to not two but three aircraft carriers and a big deck amphibious warfare ship is very much an open question, although we may have some thoughts.

Ahmadinejad: Iran doesn't fear bombs and warships
Iranian president responds to talk of military strike on nuclear facilities, saying 'the time of arrogance and colonialism has passed'
Reuters
Iranian President Mahmoud Ahmadinejad has launched a fresh tirade against the West, saying the Islamic Republic does not fear military action, Iranian media reported on Sunday.
"The Iranian nation doesn't fear your bombs and warships and planes. Such weapons are worth nothing," the Fars News Agency quoted him as saying on a visit to the town of Karaj, to the west of Tehran.

Israel to delay strike on Iran until after US elections?
White House tells Sunday Times Obama pressed Netanyahu to postpone Israeli attack on Iranian nuclear facilities until after November, adding president 'might visit Israel in summer'
YnetNews.com
Israel will only strike Iranian nuclear facilities in September or after the United States presidential elections in November, a White House official told the British Sunday Times newspaper after a meeting between Prime Minister Benjamin Netanyahu and US President Barack Obama last week.

The end of the Catholic Church as we know it?
Catholicism is not the Tea Party at prayer
By E.J. Dionne Jr., Opinion Writer - WashingtonPost.com
The nation’s Roman Catholic bishops will make an important decision this week: Do they want to defend the church’s legitimate interest in religious autonomy, or do they want to wage an election-year war against President Obama?
And do the most conservative bishops want to junk the Roman Catholic Church as we have known it, with its deep commitment to both life and social justice, and turn it into the Tea Party at prayer?

Today's American Churches Are Neutered:
Pastor Chuck Baldwin Reports 1/3
Alex talks with the former presidential nominee of the Constitution Party and the founder and former pastor of Crossroad Baptist Church in Pensacola, Florida, Chuck Baldwin. Mr. Baldwin currently lives in Montana. Baldwin is the co-author of Romans 13: The True Meaning of Submission, now available at the Infowars Store.

Today's American Churches Are Neutered:
Pastor Chuck Baldwin Reports 2/3

Today's American Churches Are Neutered:
Pastor Chuck Baldwin Reports 3/3

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