Tuesday, September 30, 2008

DEATH OF A BANKER


At 3 am, on 28 September 2008, Frank McGarahan, 45, was assaulted outside the Spearmint Rhino lap-dancing club, in Norwich in the UK, and later died. (Frank McGarahan, of Barclays Wealth dies after fight)

Frank McGarahan was the chief operating officer of Barclays Wealth.

He was in charge of assets worth £133 billion in 21 countries.

His bank last week acquired the private investment business of Lehmann Brothers

He was waiting for a taxi beside the Guildhall Hill rank in Norwich. Reportedly he saw someone being assaulted. He went to intervene and was himself badly beaten.

A comment on The Times website:

"no doubt all the police officers were sitting in the canteen at wymondham HQ(25 miles away).

"night shift is undermanned except thur,fri,sat when they are all down riverside or on the prince of wales road.

"only thing watching the streets is CCTV and 2 blokes watching x-factor instead of monitors"

simon, norwich.

Have-a-go millionaire Barclays boss was beaten to death just 200 yards from police station.
Killed Barclays banker had tried to help homeless Lithuanian
Brother pays tribute to City banker who intervened in brawl


Reportedly, John Gray, 45, runs the Spearmint Rhino table dancing empire.

Reportedly Gray has served a jail sentence for fraud. ('Spearmint Rhino' lap-dancing clubs boss is convicted fraudster ...)

Gray is originally from California.

Spearmint Rhino's club in London's Tottenham Court Road has nude girls who dance around poles or for clients at their tables. The club also has booths where customers can ask girls for a private dance.

Gray's aliases in the United States include Johnny Win, John Luciano and John Luciano Gianni.

Spearmint Rhino is very popular with businessmen and bankers. (Brokers and Boozing)

Gray has a mansion in Buckinghamshire, two planes and a 55-ft boat.

In 1995, Gray, the owner of a Spearmint Rhino topless bar near Los Angeles, was arrested after complaints that he had written cheques that bounced.

At the time of being sentenced, Gray was already in prison for making a false statement to win a contract from the US Navy.

Celebrity lap-dancing club `is used as a brothel' Independent.

According to Wikipedia: Spearmint Rhino is a chain of strip clubs that operates throughout the United States, United Kingdom, Central Europe, Russia and Australia.

"The company was started by Greg Wheeler and he still owns all properties 100%."

In April 2006, the Slough club made the headlines when Prince Harry visited the club for a party celebrating the end of his training at Sandhurst.[1]

ATTA?

Daniel Hopsicker ('COCAINE ONE' BUST LIFTS VEIL ON GLOBAL NARCOTICS CARTEL) refers to:

"Bradford Keiller, a Las Vegas Strip club entrepreneur with a tastefully named string of strip clubs in London, Moscow, Las Vegas and Los Angeles, all called The Spearmint Rhino."

Brent Mudry, at CanadaStockWatch, (Deutsche Bank in major penny stock scandal) 14 November 2002, wrote:

"In one of the biggest fraud scandals to rock Bay Street in recent years, Deutsche Bank's Toronto branch and a recently terminated senior broker are the lead defendants in an unsealed $250-million suit claiming the Deutsche broker and two old friends, one of whom is a convicted felon, conspired with controversial international financier Adnan Khashoggi, a lawyer running a strip bar in Las Vegas, and unnamed others to rig Rafi Khan promotion GenesisIntermedia and several other stocks last year, causing the collapse of a small New Jersey brokerage and its Minnesota clearing brokerage...

"The named defendants in the Minnesota case are Deutsche Bank AG, Deutsche Bank Securities Inc., Deutsche Bank Securities Ltd., Mr. Breedon, RBF International Inc., Kenneth D'Angelo, Richard Evangelista, GenesisIntermedia, Ramy El-Batrawi, Mr. Khashoggi, his offshore Bermuda-based company Ultimate Holdings Ltd., Bradford Keiller...

According to US investigators, five of the 9 11 hijackers, including Mohammed Atta, visited Las Vegas at least six times between May and August 2001. (Atta, alcohol, strip clubs and drugs - 911myths)

The San Francisco Chronicle reported that in Las Vegas, they “engaged in some decidedly un-Islamic sampling of prohibited pleasures in America’s reputed capital of moral corrosion,” including visiting strip-clubs.

Atta and friends enjoyed the charms of lap dancer Samantha (Time.com and The Chronicle).


~~

DEBT

Graph from smartpei.typepad.com/.../cracks_in_the_system/

"Total household debt in the US was roughly half of disposable income in 1962, but nearly equal to disposable income in 2004.

"In proportion to income, the household debt burden nearly doubled. Americans took on more debt, acquired more assets in the form of homes, and watched home prices appreciate on a levered basis...

"At most, Paulson's plan will preserve the privileges of the financier caste that enabled the debt addiction of American households;

"at worst, it will give a few of the bankers an extra couple of months to unload stock in financial companies before they, too, go the way of Bear Stearns, Lehman Brothers and Washington Mutual." - US wealth in shrink mode

"Much of the toxic (garbage) debts were based on fraudulent practices – opaque financial instruments unrelated to real assets (but which generated huge commissions). Bailing out swindlers only encourages more swindling. The US Treasury will purchase worthless paper, the private banks will retain any assets of value... The channeling of funds to Wall Street will divert funds from getting us out of this deepening recession." - No Bailout for Wall Street Billionaires!

"On Wednesday, September 24, right in the middle of the fight over billions of taxpayer dollars slated to bail out Wall Street, the House of Representatives passed a $612 billion defense authorization bill for 2009 without a murmur of public protest or any meaningful press comment at all." - We have the money

Panic grips world's markets

"The Israeli prime minister, Ehud Olmert, said his country would have to withdraw from 'almost all' the land it captured in the 1967 war and divide Jerusalem in order to agree long-awaited peace deals with the Palestinians and Syria." - Olmert: Israel has to return lands


~~

Monday, September 29, 2008

Dow Jones drops 6.9%

On 29 September 2008, the Dow Jones index lost 770 points - 6.9% - its biggest one-day point drop yet as Congress failed to back the rescue plan. - Shares slump as rescue bid fails

Nader Schools Palin!

The CIA, MI6, the Muslim Brotherhood and the Scottish Islamic Foundation



Reportedly, in 1957, the CIA and MI6 used the Muslim Brotherhood to destabilize Syria and assassinate its nationalist leaders (see Jean Shaoul, CIA-MI6 planned to assassinate Syrian leaders in 1957).

Reportedly, the CIA and MI6 used the Muslim Brotherhood to topple Iranian leader Mohammed Mossadegh and later the Shah. (World Prout Assembly: Abdullah Azzam and the Omissions of Neocon ... / aangirfan: The use of the Muslim Brotherhood by MI6 and the CIA.)

Reportedly, the CIA and MI6 want to keep certain countries weak and easy to control.

In other words, the CIA and MI6 oppose 'nationalism'.

Reportedly, the CIA and MI6 promote the idea of an Islamic Caliphate in order to weaken nationalism in countries such as Egypt.

Reportedly, the CIA and MI6 use the Muslim Brotherhood to promote the idea of a global Islamic Caliphate.





In June 2008, a new Muslim group called the Scottish Islamic Foundation was launched in Edinburgh. (New Muslim Brotherhood Front? westminsterjournal.com Islam ...)

The leading members of the Scottish Islamic Foundation are closely linked to the Muslim Brotherhood.

Osama Saeed is the chief executive of the Scottish Islamic Foundation.

Osama Saeed has worked as a researcher for Alex Salmond and is to be the SNP's candidate for Glasgow Central in the next general election.

Saeed was once a spokesman for the Muslim Association of Britain, the British version of the Muslim Brotherhood.

The Scottish government has given £400,000 to the Scottish Islamic Foundation.

Is it possible that Osama Saeed, the Scottish Islamic Foundation and the Muslim Brotherhood are all secretly working to destabilise the Scottish National Party and prevent Scotland from becoming independent?

Private Eye, 19 September 2008, has a story suggesting the Osama Saeed business may eventually damage the reputation of the Scottish National Party and its leader Alex Salmond.

Private Eye has long had links to the British security services.




Deadly



Who is Branko Gora Marinkovic Jovicevic?

Some of the Bolivian media suggest that Marinkovic is trying to start a civil war to create a breakaway country, just as Croatia broke away from Yugoslavia in the early 1990s.

"They also insinuate that Marinkovic's late father, Silvio, was connected to Ustashe members who fled to South America along with their Nazi patrons." - Magnate leads rebellion in Bolivia's east

CIA, Mossad behind Damascus bombing

Arab papers see Israel behind deadly Syria bomb

Venezuela: Probe Reveals Complex Coup Plot

6 more charged over alleged coup plot in Turkey

Austrians back anti-EU rhetoric at the polls

Bloc Québécois covers up its support for the Harper Conservative government

Ecuador's poor bank on referendum

Correa hails 'crushing victory' in constitutional referendum

Contradictory verdicts in Australia's largest terrorism trial

In the Guardian, 26 September 2008, the Lloyds chairman, Sir Victor Blank, said that he had entered negotiations with the HBOS boss Andy Hornby two years ago.

Blank says he then got Gordon Brown's agreement for a suspension of the competition regulations which would have made a merger between those two giants unlawful.

"Why weren't shares in HBOS suspended under stock exchange rules on merger talks? Why did the Financial Services Authority announce on the very morning of HBOS's demise that it was 'well-capitalised and solvent'? And why was the ban on short selling, and the extra Bank of England's extended liquidity scheme, delayed until after the deal had been struck? You don't have to be a Nationalist conspiracy theorist to see all this as highly questionable." - Labour’s glee at the fall of HBOS risks backfiring

SNP outlines defence policy

"A recent speech by the Shadow Scottish Secretary David Mundell revealed a subtle shift in emphasis. "Well, of course Scotland could survive as an independent country," he suggested." - Cameron plans a clever game of cat and mouse on independence

~

Sunday, September 28, 2008

Scotland to become richest country in the world?

Tidal electricity generator awaiting installation. en.wikipedia.org/wiki/Tidal_power

Scotland should become the richest country in the world, if it is independent.

The Sunday Times in Scotland,( Huge tidal power plan for Scotland - Times Online), 28 September 2008, tells us:

1. Enough TIDAL POWER could be generated off Scotland's north coast to produce 25 gigawatts of energy.

2. That is FOUR TIMES what Scotland uses at present.

3. Surplus power could be sold to England and Europe.

4. The Pentland Firth, between Scotland and Orkney, is a perfect site for what could be the world's biggest tidal energy 'farm'.

5. Scotland could produce 25% of Europe’s tidal power and 10% of its wave power.


Scotland has oil (at least half the oil is still to come) and it has wind and wave power.

And, more than 1000 new hydro-electric power stations may be built in Scotland in the next few years years according to Scottish Government advisers. ( Scotland may have a thousand more hydro sites)

Above Loch Ness, the £150m Glendoe hydro-electric scheme is nearing completion.

Scottish and Southern Energy's Glendoe project will be capable of generating 100mw of power, enough to power Glasgow.

Glendoe will be the second largest hydro scheme out of the 80 already in Scotland.

Most were built in the late 1940s and early 1950s.

The Scottish Government aims to generate 50% of its electricity from renewable sources by 2020.

~~

The Swedish way of solving the bank crisis.

Photo: http://en.wikipedia.org/wiki/Image:Stockholm_old_town_2002.jpg

Liam Halligan, at The Sunday Telegraph, 28 September 2008, writes:

I’m in shock. Can this crisis get any worse? My instinct is it can and will .

According to Halligan: "My biggest problem isn’t that the Paulson plan is too vague (inevitable, given the political stakes) or that US house prices will keep falling (a fact of life). My problem is that this bail-out is utterly misconceived.

"The idea of buying bank’s illiquid assets sounds good in theory. But it won’t solve the main issue – namely, the banks have very little capital to lend anyway, even if their sub-prime losses disappear.

"Congress should be approving a direct recapitalisation of US banks – as the Swedish government was forced to back in the mid-1990s – rather than messing about with TARP. I fear that’s eventually what will happen. So this bailout is only round one."

CARTER DOUGHERTY, at The New York Times, September 22, 2008, tells us:

How Sweden Solved Its Bank Crisis - NYTimes.com

Sweden's government took over the banks' bad debts.

But the banks's shareholders had to suffer.

Banks had to write down losses and issue warrants (shares) to the government, making the government an owner.

When assets were sold, the profits went to taxpayers.

And the government was later able to sell its shares in the banks.

Sweden spent 4 % of its gross domestic product to rescue ailing banks.

That is slightly less than the roughly 5% of gross domestic product, that the Bush administration estimates its own move will cost in the United States.

~~

The possible 'murder' of Dianne Maloney, who took a sailing trip with the sea cadets to Jersey's Haut de la Garenne.

Dianne Maloney

Dianne Maloney, 49, from London, may have been murdered, because of her connections to Jersey child abuse.

Her brother, Bill Maloney, 52, has presented evidence to an inquest that Dianne was murdered, as a result of his investigation into child abuse in children's homes.

Speaking to the 'Southwark News' (FAMILY INSISTS MYSTERY DEATH WAS MURDER) Bill Maloney, said: "There seems to be things that happened to my sister that they (the police) are not aware of. I was looking for an adjournment and I am now looking for an investigation by the police, because they have not come to me or come to my family."

Eight members of the Maloney family, who lived at Astbury Road in Peckham, were all placed in care as youngsters.

Bill Maloney said that Dianne had suffered long periods of sexual abuse while in homes.

Bill suffered physical abuse in care homes.

Recently Bill made a documentary called 'Sun, Sea and Satan' about the Haut de la Garenne children's home in Jersey where children's bones have been discovered in the grounds.

Dianne as a youngster took a sailing trip with the Sea Cadets to the Jersey care home.

Bill said: "I believe there is a conspiracy against me following the making of this film. Dianne had sorted herself out and was good but she was drinking again when her case (against two councils which was also looking into the treatment of children in care homes) was dropped, and the people who dropped the case knew this would happen.

"She was killed sometime between June 6 and June 12, on the 6th she attended King's College Hospital, where she complained she was punched in the chest, and there was blood around her mouth as well, but this was not followed up. My sister also had a habit of keeping thousands of pounds in her flat, which has never been recovered."

He added: "One of the last things she said to me was that she had a letter from the House of Commons she wanted to show me but I never got to see that. The next thing I heard was when I came back from work and my wife Maria greeted me along with my daughter Regan, and they told me that Dianne had died, so I could not understand why."



The following comes from: Pie 'n' Mash Films Rehearsals on YouTube - Pie 'n' Mash Films blog

"When Pie ‘n’ Mash Films returned from the Island of Jersey with their documentary film concerning child abuse allegations at Haut de la Garenne they named their edited footage ‘Sun, Sea & Satan’. Award winning film director Bill Maloney began to piece together the story that he had shot. Slowly the maverick director started to understand the horrors that had taken place went beyond the reporting of the case by the national media.

"His conjecture of Satanism, murder, sex abuse, sacrificing children and the paedophilic involvement of the hierarchy i.e. royalty, MI5 and the police state in the UK as well as Jersey, caused him to inform everyone involved with Pie ‘n’ Mash Films to be alert for the safety of themselves and their families.

"Eight weeks after Bill’s return from the Island he had instructed his company to send the final edit ‘Sun, Sea & Satan’ to Channel 4 and the BBC. Two weeks after releasing the film Bill’s 49 year old sister Dyana, who was brought up in care, and had spent time in the late 60’s and early 70’s at the children’s home Haut de la Garenne, where she was sent on paedophilic sailing holidays, was found dead in her apartment, just off the Walworth Road, South East London. Cause of death could not be determined..."

~~

Romp

Paul Newman whose father was Jewish and whose mother was born to a Slovak Catholic family.

"Paul Newman and Gore Vidal shared ... Joanne Woodward, in the late 1950s, living as a happy threesome for a while. Paul and Gore remained close throughout the '60s, until Gore's live-in "husband" got him to vamoose for Italy and away from the sultry arms of the box-office star.

"Paul took Robert Wagner as a lover sometime in the early 1960s, after Wagner was dumped by his wife Natalie Wood. In turn, Newman dumped "Babs" (Wagner's nickname given to him by the denizens of the New York transvestite demimonde he loved to flock with) in the late '60s, after New Blue Eyes became the top box office star in America (1968-70, ranking #1 twice). His disdain for Babs' TV career bled over into Newman's relations with rival (on the queen scene) James Garner." - Deep Inside the Hollywood Closet: Rumor Mill Implicates Paul ...

Bisexual Hollywood?

Palin: from Baywatch to White House

"The OMU is a charitable organisation affiliated to the Knights of the Order of Malta, who have been linked with funding the Contras, and other dubious activities. That didn’t stop 16 hacks attending the ball, and five of them ending up in bed together." - Top Tory Michael Gove and a five-in-a-bed Oxford 'romp'

How Cameron's secretive donors bet on the collapse of Bradford & Bingley

Salmond targets Qatar for cash

Crime figures drop to 25-year low

Tories promise 3,000 independent schools in parent power revolution

Labour’s glee at the fall of HBOS risks backfiring

Call to sack HBOS directors

~~

The Case Against Barack Obama

Chicago's Mayor Daley

Think of Chicago and you may think of "pervasive fraud" in hiring and contracts. (Corruption Scandal Loosening Mayor Daley's Grip on Chicago - New ...)

David Freddoso has written “The Case Against Barack Obama”. (Here's looking at you, kid )

Obama is not, according to Freddoso, “a bad person. It’s just that he’s like all the rest of them. Not a reformer. Not a Messiah. Just like all the rest of them in Washington.”

Part of the book looks at Obama’s record in Chicago, his home town.

Obama served in the local Illinois Senate from 1997 to 2004.

Obama won the Democratic nomination for his Illinois seat by challenging the validity of ballot petition signatures for his opponents, resulting in their exclusion from the ballot and allowing him to run unopposed in the primary.[2][4]

In other words, he got a team of lawyers to throw all the other candidates off the ballot on various technicalities.

One of those he threw off was the black woman who had helped him get started in politics in the first place.

Obama was a strong backer of Richard Daley, mayor of Chicago, who failed to deal with corruption.

Obama did not oppose the Strogers of Cook County’s Board of Commissioners, which has been criticised for corruption.

Obama became involved with a crooked Chicago property developer, Antoin Rezko.

The case against Obama is that he is just another rather conservative and ordinary politician.

~~

Saturday, September 27, 2008

Anglo-American versus the Chinese in Zimbabwe; will UK military return to Zimbabwe?


Who will control Zimbabwe's army and its mineral wealth?

Both Anglo-American and the Chinese would like Zimbabwe's mineral wealth.

F. William Engdahl, at Global research, wrote: "Chrome, copper, gold, platinum, huge hydroelectric power potential and vast coal reserves are what is at stake for Washington and London in Zimbabwe.

"The country also has unverified reserves of uranium, something in big demand today for nuclear power generation...

"In June 2006 state-owned Zimbabwean businesses signed a number of energy, mining and farming deals worth billions of dollars with Chinese companies." - Mugabe’s Biggest Sin

Reports by Western diplomats, on 27 September 2008, suggest Zimbabwe's power-sharing agreement may collapse, as a result of actions by President Robert Mugabe and his generals.

Both the U.S. and the EU have decided to maintain their targeted sanctions against Mugabe.

Harare deal close to collapse

Nearly two weeks after the power-sharing agreement was signed, Mugabe's ZANU-PF party and Tsvangirai's MDC have not yet agreed on the division of the ministries.

It has been agreed that Mugabe is to control the Defence Ministry, which controls the army and the Central Intelligence Organisation.

But Mugabe also wants to control the Home Affairs Ministry, which runs the police.

And he also wants the Finance Ministry.

Mugabe is a 'bad guy'. More than a third of the Zimbabwean population has fled abroad, and about one million may have died as a result of starvation, political violence, AIDS and the collapse of the health-care system.

Prying Zimbabwe From Mugabe's Hands

Mugabe and Tsvangirai have called for Britain to "accept its responsibilities" and compensate the 4,000 commercial farmers who have lost their farms.

Tsvangirai wants to invite back the British Military Assistance and Training Team, which trained the army and police after independence in 1980.

Tsvangirai wants to end the power of Mugabe's 'war veterans' and Zanu-PF youth league, known as the Green Bombers.

~~~

Moslem Extremists, Pole Dancing, Lap Dancing, Go-Go Clubs


Most Moslems are moderate and friendly. But the guys who want to invade countries like Iraq would like us to think otherwise.

Bakri

Omar Bakri Mohammed is a Moslem cleric, who may have links to the UK security services.

He was born in Syria, where he became involved in the Muslim Brotherhood, which reportedly has links to MI6.

At one time he was friends with London-based Sheikh Abu Hamza al-Masri, a former nightclub bouncer.

Bakri Mohammed helped develop the 'Al Muhajiroun' organisation in the UK.

It described the 9/11 hijackers as the 'Magnificent 19'.

Bakri Mohammed now lives in Lebanon.



A dancer

Bakri Mohammed's busty blonde daughter, Yasmin, is a topless pole-dancer.

Yasmin, a single mother, performs in London clubs.

Revealed: Radical cleric Bakri's pole-dancer daughter

Bakri Mohammed raised his six children on benefits.

Yasmin lives with her three-year-old son in a flat in Catford, South East London. Her rent and council tax are paid by the government and she receives child benefit and income support.

She told The Sun: I'm willing to go topless if the venue is right.'

Reportedly, 'she has been leading a wild double life thrashing about on stage in pole dancing clubs and drinking and partying like there's no tomorrow.'

Reportedly, Bakri Mohammed personally paid for Yasmin to have a breast enlargement operation.

According to The Sun, he paid £4,000 in cash 'for the operation that launched her career as a pole dancer'.

So, are all these Moslem fanatics completely fake?

Atta

Mohammed Atta and and his friend Ziad, and other 'hijackers', visited Las Vegas at least six times.

There they enjoyed the charms of lap dancer Samantha (Time.com and The Chronicle).

There was also drink and gambling. - Cached


Khalid Shaikh Mohammed (above), the so-called mastermind of 9-11, is believed to have attended college in North Carolina.

Khalid Sheikh Mohammed worked for the CIA in Afghanistan. (http://www.nogw.com/cia.html)
In Manila, he met associates in karaoke bars and giant go-go clubs filled with mirrors, flashing lights and bikini-clad dancers. He held meetings at four-star hotels. He took scuba-diving lessons at a coastal resort. When he wasn't with the go-go dancers, he courted a Filipina dentist.

Once, he rented a helicopter and flew it over her office, then called her on his mobile phone and told her to look up and wave. Other members of the terror cell Mohammed led had local girlfriends as well. (Dancing girls and romance on road to terrorist attacks - smh.com.au)

The Guardian has an interesting story about the threat to the USA from terrorists. This is entitled Israel asked US for green light to bomb nuclear sites in Iran.

A source is quoted as saying: "There is a large Lebanese diaspora in Canada which must include some Hizbollah supporters. They could slip into the United States and take action".

Why has there not been 'action' in the USA since 911? Could it be because all the 'mad Moslems' are controlled by the security services?

~~

Daughter


"The only reason anyone is even talking about cutting benefits and privatizing the program is that the right has managed to convince the public that Social Security is on its last legs.

"For more than two decades they have spread stories about the baby boomers bankrupting the system and multitrillion-dollar debts left to our children and grandchildren.

"In reality the program can pay all scheduled benefits long past the boomers' retirement. According to the Social Security trustees report, it can pay full benefits through the year 2042 with no changes whatsoever.

"The nonpartisan Congressional Budget Office puts the date at 2052. And even after those dates, Social Security will always be able to pay a higher benefit (adjusted for inflation) than what retirees receive today.

Those scary multitrillion-dollar debts translate into a deficit equal to 0.7 percent of future income - presented in very precise form in the Social Security trustees report for those who care to look." - Anti-Social Security



Sarah Palin endures cringeworthy CBS interview

Revealed: Radical cleric Bakri's pole-dancer daughter

Miliband is 'star of the future' (...or so says Ruth Kelly, who doesn't mention she was his girlfriend)

Why your mobile should carry a health warning like cigarette packets

Israel asked US for green light to bomb nuclear sites in Iran

"In the book MI5 is unhappy about its structures being possibly washed away by a secret Mossad agent operating in London. This, according to the CIA characters, 'has the Brits' dander up. They don't trust the Israelis.'" - Ex-MI5 chief plots Middle East thriller

Canada among Lonely Planet's top ten

Another Conspiraloon Exclusive!! INTERNET INVENTOR MISSES POINT OF INTERNET

Remake/Remodel

~~~


Friday, September 26, 2008

A $53 trillion fiscal hole

Image from elainemeinelsupkis.typepad.com/ezmoneymatters...

Dallas Fed President Richard Fisher in a speech before the Money Marketeers of New York University, New York City, September 25, 2008:

"Foremost among the existing liabilities are some $13 trillion in unfunded Social Security benefits and Medicare obligations already promised to the people but as yet unfunded, an obligation that the Dallas Fed staff estimates at a present value of over $80 trillion.[8]

Pentagon retreat

"The former comptroller general of the United States, David Walker, estimates the Medicare deficit to be less, only $34 trillion, so let’s work with his less-excitable numbers.

"With everything including Social Security and Medicare properly accounted for, Mr. Walker estimates that 'as of September 30, 2007, the federal government was in a $53 trillion fiscal hole, equal to $455,000 per household and $175,000 per person.'"[9]




$53 trillion sounds like a lot of money, BUT, read the following (supplied by http://www.blogger.com/profile/14608591025225519578)

"The only reason anyone is even talking about cutting benefits and privatizing the program is that the right has managed to convince the public that Social Security is on its last legs.

"For more than two decades they have spread stories about the baby boomers bankrupting the system and multitrillion-dollar debts left to our children and grandchildren.

"In reality the program can pay all scheduled benefits long past the boomers' retirement. According to the Social Security trustees report, it can pay full benefits through the year 2042 with no changes whatsoever.

"The nonpartisan Congressional Budget Office puts the date at 2052. And even after those dates, Social Security will always be able to pay a higher benefit (adjusted for inflation) than what retirees receive today.

Those scary multitrillion-dollar debts translate into a deficit equal to 0.7 percent of future income - presented in very precise form in the Social Security trustees report for those who care to look." - Anti-Social Security

Zimbabwe inflation rockets to 11.2 million per cent - Telegraph

~~~


Terrorism in Pakistan; the Security Services

Listen to General Ehsan ul Haq, former chairman of the Joint Chiefs of Staff of the Pakistan military.

http://news.bbc.co.uk/today/hi/today/newsid_7637000/7637180.stm

Listen again

Disarray



ITProPortalInternet IP Addresses To Run Out By 2010 Says Internet Founder

US bailout plan in disarray

Pakistan and US troops exchange fire across border

"The Bolivian president charged that the George W. Bush administration has not only given away a 'tremendous amount of money' to the opposition groups through the U.S. Agency for International Development (USAID), but also provided them with ammunition to carry out acts of sabotage and killings of unarmed indigenous people.

"Despite its formal denial of these charges, the U.S. government has not issued any statement condemning the killings, looting and acts of sabotage that have cost millions of dollars in losses." -Morales Cites "Evidence" of US Meddling

Expert: Russia-Venezuela military exercises reaction to US moves




Thursday, September 25, 2008

CHILD ABUSE 'COVER-UP'; Police call off Sea Cadets abuse inquiry


Lt Cdr Allan Waters, 57, worked with the Sea Cadet Corps in Britain for more than 30 years

In 2006, in India, Waters was jailed for child sex abuse.

Boys had been stripped naked and regularly caned.

"Information received by The Daily Telegraph ( Call for Sea Cadet inquiry after sex abuse case - Telegraph) said that Waters was caught in a compromising act with a young cadet while he was commanding the Clapton unit of the Sea Cadets in London in the early 1980s.

Reportedly, Waters was reassigned to another unit, and continued to rise up the ranks of the organisation.

Waters was appointed superintendent of the Sea Cadet training centre in Portsmouth in 1996.

Waters was a member of the Sea Cadet Council, the highest body of the corps.

The Sea Cadets confirmed that it was aware "that a report was made by a Sea Cadet officer who had concerns about Waters" in the early 1980s but said that allegations had "not been substantiated".


In 2006, Jersey Police, in the UK, were investigating child abuse by 'carers'.

The commanding officer of the Jersey Sea Cadets was arrested for downloading pornographic images including some involving sea cadets.

The attitude of the Sea Cadet authorities of that time 'caused great concern'. (Cached)

There were several convictions for sexual offences involving officers of Jersey Sea Cadets.

Police began noticing links between the victims in those cases and other institutions on the island, including Haut de la Garenne.

Police call off Sea Cadets abuse inquiry

It has now been announced, in September 2008, that the police investigation of alleged child abuse at the Jersey Sea Cadets has been abandoned.

The Jersey police claim there is insufficient evidence.

The Sea Cadet force used Haut de la Garenne.

~~

aangirfan: THE ZANDVOORT NETWORK, JERSEY, DUTROUX, PORTUGAL...

aangirfan: Jersey, Dutroux and cover-ups

Sex: Jersey, Southampton and Portsmouth

Sex: The British security services, fascism and child abuse.

~~~

The French Revolution, the Iraq war, the US financial system

Napoleon

Partly as a result of vast military spending, the French government in 1789 was bankrupt.

The rich elite refused to pay more taxes.

The King was toppled and eventually Napoleon came to power as Emperor.

Lafayette

According to Wikipedia:

Among the direct causes of the French Revolution was a massive financial crisis caused by:

France's enormous debt,

the lack of food and the high prices,

the government's lavish spending,

and an archaic system of taxation which brought little money to the national coffers by placing the greatest tax burden on the commoners; while virtually ignoring the First Estate (the Clergy) and the Second Estate (the Nobility).

In France in 1788, Lafayette was called to the Assembly of Notables to respond to the nation's financial crisis.

Lafayette proposed a meeting of the French Estates-General, where representatives from the three traditional classes of French society—the clergy, the nobility and the commoners—met.

This eventually led to the toppling of the King.

Napoleon Bonaparte who prepared a proclamation declaring a Jewish state in Palestine, though he did not issue it.

A letter to the Financial Times, 22 September 2008, explains that the Iraq war could cost US its financial system - ft

Sir,

The US government last weekend decided it could no longer risk taxpayers’ money by supporting Lehman Brothers and on Monday that bank filed for bankruptcy.

In assessing the wisdom or otherwise of this decision one fact should be kept in mind: the International Monetary Fund estimates that the total cost to banks of losses stemming from the subprime crisis will amount to $1,000bn;

the cost of the war in Iraq, according to other estimates, particularly one by Linda Bilmes and Joseph Stiglitz, will come to $3,000bn.

The US has shot its financial bolt in Iraq, which may cost the country its financial system.

It quite simply no longer has the money to stop a run on banks.

Seen in this light, the war in Iraq brings to mind the ruinous decision on the part of the French ancien régime to finance Lafayette’s campaign during the American revolution.

John M. Coates, University of Cambridge, Cambridge,

UK Copyright The Financial Times Limited 2008

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HALIFAX BANK OF SCOTLAND CAN BE FIXED WITHOUT A MERGER

Degas

Alex von Ungern-Sternberg , former group treasurer of Deutsche Bank, has joined a number of top business people in questioning the HBOS - Bank of Scotland takeover by English bank Lloyds TSB.

(The Scotsman, 25 September 2008 : Slowly but surely the rebellion over HBOS deal begins to grow ... )

Ungern-Sternberg believes HBOS can still go it alone.

According to Ungern-Sternberg:

"The problem can be fixed without a merger.

"The non-retail asset side of the balance sheet should be run down to a level safely funded whilst interim funding gaps are plugged, using for example the Bank of England's special liquidity scheme. This would be in everyone's interest."

Others who have questioned the wisdom of the HBOS takeover deal include:

Sir Donald Mackay, the chairman of the Scottish Mortgage Trust; Sir George Mathewson, a former chief executive of the Royal Bank of Scotland; Sir Peter Burt, a former governor and chief executive of Bank of Scotland; Keith Skeoch, the chief executive of Standard Life Investments; and David Alexander, the owner of Edinburgh-based property firm DJ Alexander; analysts from JP Morgan and Société Générale.



The Scotsman newspaper, 20 September 2008, tells us of
HBOS: The questions just keep piling up

1. A leading City figure, Keith Skeoch, the chief executive of Standard Life Investments, has suggested there has been an abuse of the stock market market rules in the case of HBOS.

Keith Skeoch said there had been a delay before the talks were formally announced.

Stock market rules insist that companies in advanced talks should make a formal announcement to the stock exchange, with trading in their shares being suspended.

If news of the talks been announced earlier, HBOS shares would not have crashed.

And, if HBOS had survive until Thursday night, when news of the United States government's plan to buy toxic debt was announced, the bank could still be independent.

Mr Skeoch in a BBC Radio 4 interview said: "I think we should be asking ourselves who was in the possession of that information and why it wasn't released to the market and why it was made available to the market via the BBC."

2. A source at the Bank of England has said that the Bank of England had sufficient funds to help HBOS stay independent.

The source suggested the deal was a "purely commercial decision" and nothing to do with HBOS's survival.

The Gordon Brown government waived competition rules only because it claimed this was about HBOS's survival.

3. Archie Kane, the chief executive of Scottish Widows (owned by Lloyds TSB) said "This deal was done for commercial reasons. We would not have got into the situation otherwise. We operate on behalf of our shareholders, we do the best thing for our key stakeholders."

4. The Financial Services Authority (FSA) failing to stop the practice of short-selling in time to save HBOS. Why?

5. The SNP MSP Alex Neil, a former economic consultant, is demanding an inquiry into the alleged abuse of the market.

He said: "It appears that there has been a serious breach of stock market rules, which must be investigated...

"If what appears to be coming out of the Bank of England is true, and this was a purely commercial decision, then we have to ask why HBOS is being sold. If it is true it needed to be rescued, then both the Bank of England and FSA failed HBOS."

6. The UK Shareholders Association (UKSA) has said that HBOS appeared to be profitable.

It said that if indeed it was a "good deal" for HBOS shareholders to sell the bank at about the current market price, the directors had a lot of explaining to do.

There are doubts whether HBOS shareholders will back the merger.

A spokesman for the UKSA, said: "Only if HBOS shareholders receive an adequate explanation that convinces them that a sale of the bank was essential should they approve the takeover by voting for it."


Gordon Brown whose leadership bid was "bankrolled" by Sir Ronald Cohen

According to The Telegraph, (Hedge funds clipped by short-selling ban) in March 2008, city traders were sent an anonymous email which said:

"We're hearing that tomorrow's Financial Times will write a piece about HBOS. It won't be pretty, likely to focus on £128billion of non-customer liabilities that must be rolled in the next three months. This will raise the spectre of a run on the bank."

The information was false.

But £3 billion was wiped off the value of HBOS shares.


Labour prime minister Harold Wilson, whose friends included Montague Meyer, Joe Kagan and Rudy Sternberg.

Gordon Brown and the London and Washington establishments do not want Scotland to become a successful independent country.

Has there been an Establishment plot to destroy HBOS and thus weaken Scotland?

The Bank of Scotland began in 1695 and later became known as HBOS.

On 18 September 2008, it was announced HBOS is to be 'taken over' by an English bank, Lloyds TSB.

On 17 september 2008, the Financial Services Authority declared that HBOS was still "a well-capitalised bank that continues to fund its business in a satisfactory way." (HBOS: The questions that must be answered)

Six weeks before this, Lloyds TSB had contacted HBOS about doing a deal. (Lloyds takes over HBOS in $21.7 billion deal with British PM )

Certain hedge funds got to work short-selling HBOS.

Robert Maxwell, another Jewish Labour Party figure who did some strange deals.

Philip Falcone's Harbinger Capital Partners is said to have made £280 million by gambling that HBOS's share price would go down. (Hedge funds clipped by short-selling ban)

The Scotsman newspaper, 19 September 2008, asks the following:

1. Why was action not taken earlier to prevent short sellers hijacking a sound financial institution?

2. Why was the Financial Services Authority so ineffectual as the crisis unfolded?

The Scotsman points out that the Bank of England could have offered financial assistance while weaker parts of the business were sold off.



Manning

Sir David Manning is on the board of Lloyds Halifax, which now includes what used to be Halifax - Bank of Scotland (HBOS).

Manning, who is Jewish, was HM ambassador to Israel between 1995 and 1998, foreign policy adviser to Blair from 2001 to 2003 and HM ambassador to the USA from 2003 to 2007.

On 31 July the Times disclosed that Sir David Manning was in the United States on 9 11. (Cached)

The Guardian described Manning as Britain's 'national security adviser' ". The BBC said that Manning was "head of the cabinet office defence and overseas secretariat" and was already "well known and respected in the White House".

Blank

Sir Victor Blank is the chairman of Lloyds Halifax which now includes what used to be the Bank of Scotland (HBOS).

Blank is the first Jew to chair a major UK clearing bank, Lloyds Halifax.

Blank is involved with the Labour Friends of Israel and is a governor of Tel Aviv University.

He is a promoter of business links between the UK and Israel. (Cached)

Blank is a member of the Jewish Leadership Council, which promotes Jewish interests.

Other members of the Jewish leadership Council include: Sir Ronald Cohen, Lord Janner and Lord Levy.

Blank was chairman of UJS (Union of Jewish Students) Hillel, an organisation which supports Jewish students.

Reportedly, the Union of Jewish Students is a zionist organization. (Cached)

Blank is a former Director of The Royal Bank of Scotland.

On 15 September 2008, Gordon Brown discussed HBOS with Sir Victor Blank.


Photo of Soros taken by Jeff Ooi. Posted to LensaMalaysia.com

In 1997, banks got into difficulty in Asia.

Malaysian Prime Minister Mahathir Mohamad thought he knew who was behind it all: George Soros, Jewish currency trader. (MAHATHIR VS. SOROS)



In 1992, the UK had the crisis of the European Exchange Rate Mechanism.

The Bank of England was forced to abandon efforts to stabilize the pound sterling.

A certain Jewish gentleman claimed that he had personally made over $1 billion in speculation against the British pound.

The speculator was the Hungarian-born George Soros, who reportedly has links to the Rothschilds, Mark Rich, and Rafi Eytan. (The Secret Financial Network Behind "Wizard" George Soros)

Soros allegedly "spent the war in Hungary under false papers working for the Nazi government, identifying and expropriating the property of wealthy fellow Jews." (The Secret Financial Network Behind "Wizard" George Soros)

George Soros reportedly played a part in undermining banks and currencies during the Asian financial crisis of 1997. (George Soros' role in the Asia Crisis of 1997)


Jakarta skyscrapers by Kevin Aurell from Indonesian Wikipedia

In 1997, some people suspected there was a plot against Indonesia.

"Indonesia's banking sector was devastated by the crisis that began in October 1997.

"Of the largest banks - the seven original state banks and the ten largest formerly private banks - none managed to remain solvent...

"65 were closed, 9 merged, and 4 nationalized." - (Banking Collapse and Restructuring in Indonesia, 1997-2001)

Up to 1997, the fundamentals of the Indonesian economy looked sound.

But, the Asian economies had been urged by the West to liberalise and deregulate markets and allow in lots of European and Japanese money.

Huge sums of money did flow in.

Then speculators shouted ‘fire’.

And the money flowed out."

There was a suspicion that the money-men in New York and London were taking advantage of events and that a lot of banks and businesses in South East Asia would end up in American and British hands

Edingburgh, Scotland from Flickr p5070019

Is there a plot against Scotland?

Scotland's first minister, Alex Salmond, has attacked the "spivs and speculators" who have targeted Scottish-based bank HBOS. (Salmond attacks financial 'spivs')

Salmond told BBC Scotland that HBOS was soundly based.

He said that financial regulators should have acted to prevent the speculative attack.

HBOS is to merge with Lloyds TSB after its share price plummeted.

A union has warned the merger could be "catastrophic" for the 17,000 HBOS staff based in Scotland

Salmond said the financial regulators the Financial Services Authority left HBOS vulnerable to speculative attack by failing to act.

He said HBOS was properly funded and had a good capital ratio.

"I am very angry that we can have a situation where a bank can be forced into a merger by basically a bunch of short-selling spivs and speculators in the financial markets," he said.

"We should not have situations where well capitalised, properly funded financial institutions are subject to incredible speculative attack, and that drives them into decision making which they otherwise might not have done.

"You have got to put the hems on that sort of activity, otherwise we will have a succession of companies going through the same process. All financial regulators have got to wake up to where we are at the present moment."





Reportedly, Tom McKillop, Chairman, The Royal Bank of Scotland Group, attended the 2008 Bilderberg meeting. (Cached)

What decisions might have been taken there about weakening Scotland and its SNP government?

Scott Reid, Deputy Business Editor of Glasgow's Herald newspaper (now American owned) reports that the chief executive and chairman of Lloyds Halifax will have the whip hand in the merged bank. (Scott Reid's blog: My part in HBOS's downfall)

Scotland will lose a major plc head office and lots of high street branches.

"Already Edinburgh, its business community, its band of lawyers, accountants and advisors will have been left reeling by the enormity of this week's events", writes Reid.

Reid mentions market murmurs of a possible HSBC/ Royal Bank of Scotland tie-up.

Reid comments: "the last person to leave Edinburgh: please turn off the light."





US troops and civil unrest


According to Bill Van Auken, at WSWS (Army deploys combat unit in US for possible civil unrest), 25 September 2008:

"For the first time ever, the US military is deploying an active duty regular Army combat unit (The 'Raiders') for full-time use inside the United States to deal with emergencies, including potential civil unrest."

From 1 October 2008, the 'Raiders' (the First Brigade Combat Team of the Third Division) will be under the command of NorthCom, which was set up after 9 11 to defend the US “homeland”.

The “Raiders” led the assault on Baghdad in 2003 and carried out house-to-house combat in Ramadi.

Active-duty soldiers were used temporarily in New Orleans, 'which was effectively placed under martial law' after Hurricane Katrina.

According to a September 2008 article in the Army Times ('Brigade homeland tours start Oct. 1'):

Troops "may be called upon to help with civil unrest and crowd control."

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Tacit


Army deploys combat unit in US for possible civil unrest

The recent Forbes 400 list of the richest Americans shows that their combined wealth has increased, in spite of the economic troubles, by $30 billion - to $1.57 trillion.

Michael Bloomberg, "in the course of just one year, pocketed 17 times what he is now demanding that millions of working people in New York City forfeit in terms of vital services and jobs." - As economic crisis deepens, rich get richerForbes publishes list of 400 wealthiest Americans

Revealed: Short-seller who bet almost £1bn against British banks

"Senate Investigations headed by Carl Levin revealed JP Morgan was one of the main banks involved in laundering drug money, as was Chase." - 911truth.org ::::: The Journey of a Wall Street Whistleblower

aangirfan: The Economic Crisis, the CIA and Rockefeller.



Thailand: "The PAD leadership has had the tacit backing of the military, sections of the state bureaucracy and royalists." - New Thai prime minister installed amid continuing political turmoil

US meddling in Bolivia on behalf of corporations

Venezuela nabs suspected coup plotters

"Turkey's refusal to allow US troops to use its territory to open a second front against Saddam Hussein provoked the worst crisis in relations between Ankara and Washington that many commentators could remember...Today it is as friendly with Syria as it is with Israel. It has close ties with Iran and Saudi Arabia. It has good relations with both Palestinian factions, Hamas and Fatah. It has developed a strong relationship with Russia..." - Which direction for Turkey now?

Madsen: News of 9/11 WTC North Closed Circuit Video Surfaces

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