Bankruptcy, Theft & Fear

Why does the U.S. ruling elite en masse accept passively the Rothschild kleptastrophe? The answer is simple. Our ruling elite are no longer domestic factory owners, they no longer control productive capacity in the US. There are no domestic capitalists left in the USA. They have exchanged ownership in real wealth for speculative international portfolios at the mercy of the Money Power. They sold out to the Rothshild-Rockefeller-Zhou credit monopoly and are fully invested in China ventures. They have tied their fortunes to the destruction of the United States economy and people. They go along because they have nowhere else to go, they have no feet of their own to stand on.

The domestic economy has been completely destroyed and bankrupted and the headlines of every paper write about fear that "a recession may be threatening" -- and no one comments on how useless, fruitless and juiceless is the economists abstruse techinical definition of "recession" (growth of GDP measures nothing of importance to Americans, it is a useless statistic that conceals that is no measure at all of what is happening to our standard of living, our lives, our ruin. I am reminded of the apocryphal Seventh Day Adventist who when told about 9-11 being a false-flag frame up and the economic kleptastrophe being premeditated conquest of the US by the Rothshilds, Rockefellers and other international crime families summed up the situation giving what to him was its full import: "It's worst than I feared; this means that a Sunday Law may be around the corner." Thus, for some people, nothing can really be bad unless a recession is officially declared or unless those blue laws get passed. "Not a recession," is the pillow that is being forced over your face to keep you from crying out as you are suffocated by Drs. Bernanke and Paulson.
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VA Opposes Much of Bill to Improve Care for Women Veterans

by Les Blumenthal McClatchy Newspapers 5-22-2008 Department of Veterans Affairs officials said Wednesday that they oppose much of a Senate bill to improve care for female veterans even as the number of women seeking VA medical services is expected to double within the next five years.A top VA official admitted during a Senate Veterans Affairs Committee hearing that [...]

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[Source: War On You

Australia's budget

Tax cuts in Labor's first budget

Australia's Labor government unveiled its first budget on May 13th. The new government's main goals in crafting the budget were to reward the electorate with tax cuts and to keep spending under control in order to curb inflation. A raft of tax breaks and benefits, especially for working-class households, will shift some of the tax burden to high-income earners while reducing taxes overall by A$46.7bn (US$43.5bn) over the next four years. At the same time, government spending is set to increase only by a modest 1.1%, resulting in a projected budget surplus of A$21.7bn. The government also plans to delay a significant portion of its spending until next year, when both economic growth and inflation are set to ease.

The 2008/09 budget represents the new Labor administration's first difficult policy test. Since taking office after winning the federal election in November, the prime minister, Kevin Rudd, has fulfilled several high-profile election pledges?including an official apology to Aborigines, ratification of the Kyoto protocol on greenhouse-gas emissions and a decision to reduce military involvement in Iraq. These measures demonstrated that the new government is more in touch with the electorate, but they were successes in part because they produced a "feel-good" effect without requiring immediate sacrifices. Crafting a budget that would fulfil campaign pledges to cut taxes while keeping inflation under control was a task of a different order, presenting genuine dilemmas as the government sought to balance the interests of various political constituencies and conflicting economic imperatives. ...

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[Source: The Economist: News analysis

The 9-11 Commission Charade

by Rep. Ron Paul, MD

The 9-11 Commission report, released late last month, has disrupted the normally quiet Washington August. Various congressional committees are holding hearings on the report this week, even though Congress is not in session, in an ...

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[Source: Ron Paul forum

The Economist Intelligence Unit briefing: China and Japan

Despite warming relations, rivalry and suspicion persist

China and Japan have issued a joint communique emphasising their intention to take a forward-looking and constructive approach to bilateral relations. As a symbol of warming ties between the two countries, the communique is significant in its own right, as indeed is the state visit to Japan of China's president, Hu Jintao, during which the joint statement was released. Relations between China and Japan have undoubtedly improved compared with just a few years ago. Yet while both governments recognise the strategic benefits of a stronger friendship, fundamental tensions and areas of strategic rivalry remain.

At one level, Mr Hu's visit and the joint statement he signed with the Japanese prime minister, Yasuo Fukuda, on May 7th are proof positive of the "warm spring" in relations that the two governments have recently claimed is occurring. Mr Hu's visit is the first to Japan by a Chinese head of state since 1998, and would not have been possible without an improvement on the situation that has prevailed for much of the intervening period. Not only was the previous visit to Japan by a Chinese president, Jiang Zemin, a diplomatic disaster (Tokyo took offence when Mr Jiang demanded a stronger Japanese apology for prewar and wartime atrocities in China), but relations between the two countries were also badly strained by Junichiro Koizumi's visits to Yasukuni shrine in Tokyo during his five-year tenure as Japanese prime minister from 2001 to 2006. ...

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[Source: The Economist: News analysis

Credit-Card Companies Put Tighter Squeeze on Cardholders

Credit cards are deeming more consumers risky, resulting in higher rates and lower limits.

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Under the same wing

Delta and Northwest are to merge

SEEING a well-matched couple finally getting together is one of life?s pleasures. And so the news late on Monday April 14th that a rumoured partnership between Delta and Northwest, America?s third- and fifth-largest airlines respectively, is out in the open should be reason to celebrate. Months of speculation that something was in the air ended when Delta announced it had agreed to buy Northwest in an all-share deal worth some $3.6 billion. They will create America?s biggest domestic carrier and could prove to be the spark that lights the flame for others of America?s six big airlines.

America?s airlines have enjoyed a reasonably happy time alone of late. In the past few years business has recovered after the dark period following the September 11th terrorist attacks. Business and leisure flyers have climbed back on to planes, and airlines have returned to reasonable profitability. But that recovery is fragile: a looming recession and high oil prices make the future look uncertain. In the past few weeks four smaller airlines have declared bankruptcy, in part because of high fuel costs. ...

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Protecting Yourself From Aggressive Collectors

As delinquencies rise, collectors are putting the pressure on consumers.

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Who wants to trade?

Politicians won't discuss trade on merit

DISCUSS a trade deal, and you might think that the main issues would be whether it is good for the American economy. But few debates on public policy ever reach this level of purposefulness. And in America, talking trade in an election year is no exception. Recent manoeuvres show how politicians are reluctant to talk about trade on its own merits.

George Bush?s administration signed a trade agreement with Colombia in 2006. But last week, under the auspices of Nancy Pelosi, the party?s leader in the House of Representatives, an arcane rule was invoked to prevent the bill from moving closer to ratification. Susan Schwab, America?s Trade Representative, called the move ?pure, partisan politics? in an interview on Sunday April 13th. ...

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The pope in America

Pope Benedict begins his tour

THREE years ago, in the final weeks of Pope John Paul II's papacy, the Vatican's diplomatic service took great care to distance the Catholic Church from American foreign policy, in order to protect Christians in mainly Muslim lands from being tarred with the same brush as the Bush administration. But as his successor Pope Benedict XVI arrives on Tuesday April 15th for a five-day trip to the United States, the gap between the Vatican and America seems to have narrowed a great deal.

The Vatican fear that Middle Eastern Christians would pay a high price for the perceived misdeeds of American policy seems to have been fully justified. The small Christian minority in Iraq has suffered terribly from that country's internal mayhem; only a few weeks ago a Catholic bishop in northern Iraq, Paulos Faraj Rahho, was kidnapped and killed. But the perceived resurgence of militant Islam in many parts of the world seems to have pushed the Vatican's theological conservatives and America's political conservatives closer together. ...

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