Category: World News

Yikes! Anti-Semitism during Union Demonstration at Freedom Works HQ?

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This is rather bizarre. First some dude hits a lady’s camera, and now this? Whoa. 😮  This whole thing is going in a rather strange particular way.

This guy explains it:

As Lenin said: “Who, whom?”

UPDATE: Tikkum olam is a rabbinical concept that might properly be translated as “for the public good,” but which in the modern era has been politicized by many on the Left, so that it is indistinguishable in their interpretation from “social justice.” Most famously, Michael Lerner — a 1960s anti-war radical who once led an SDS splinter group called the Seattle Liberation Front — named his magazine Tikkun.

I am assuming that Ben Howe is Jewish; That is a new one on me. and This ugly leftist must be Jewish too, she certainly ugly enough to be one. (D’oh! I am so bad… 😛 )

So, does this make this little incident, Jew Vs Jew, you know; kinda like Spy Vs Spy?

I’m just sayin’ ya’ll. 😉

Others: The Other McCain, Breitbart.tv, Fire Andrea Mitchell! and Pajamas Media

Note: Sorry about that misspelling in the headline. I just woke up here, due some awful heartburn. I love ya Mexico, but your food plays hell on my tummy! 🙁 I know, I know, go from picking on Jews to Mexicans; Hey, at least I am fair and…slightly balanced. 😀


 

Video: The Reality Report: The Police State Knows No Limits

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I post this, with the usual disclaimer: The opinions expressed in this video are not necessarily those of the owner of this Blog.

This blog does not advocate any sort of violence towards anyone in Government at all. We have a system of redress of grievances in this Country. It is called the ballot box.

However, there are some legitimate points and stories that are included in this report; which is why I post them.

—————-

Synopsis:

This week we bring big brother to the spot light. Hillary’s security muffling protest and remote controlled birds are spying on us, people losing their cars to corrupt city laws. Fox admits to their "screw up" with egg on their face after Ron Paul pulls in over 700,000 dollars to his cause and another Paul gets drafted for the Senate. Libya is figures it's time for a change as they start their own anti government riots. Oathkeeper Stuwart Rhodes sits down with Sheriff Mack to discuss a possible 2012 Senate bid. Federal spending bill is doomed to failed after Obama promises to veto. Hold tight, it’s the Reality Report!

The video:

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MONEY BOMB! March 12thmadashellmoneybomb.com

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Christchurch, New Zealand hit by 6.3 Earthquake

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Videos: (H/T HotAir)

This is more raw footage…

Blogger New Zeal reports:

My home town of Christchurch was devastated at 12.51 pm today by a 6.3 Richter Scale earthquake.

Though not as big as the 7.1 earthquake last September, it was far shallower and much closer to the city center. Much, much more violent.

At least 65 reported deaths so far. Whole streets flattened and 5 story buildings leveled.

We have at least six major aftershocks since – several over 5.0.

My good friend  Andy biked the outskirts of the inner city the afternoon and made this video.

[…]

My family and friends are all fine. We have power, phone, drinking water, food and a roof over our heads.

Thank you all for the many, many messages of concern.

Will update tomorrow.

More video via New Zeal:

I think it would be more than appropriate to say a small prayer tonight for the victims in the affected area.

Video: The Reality Report: Taking the Neo-Conservatives to the mat!

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In this space, before I post this video; I usually post a disclaimer, because usually, I do not agree with some of the content and ideas presented in this Video report.  However, this week, I am going to forgo the disclaimer. Because a good ninety percent of what is presented here, I absolutely agree with and besides, nothing gives me more joy, than to watch freedom-loving Americans making Neo-Conservative fascists look like the damn fools that they are. Yes, it warms the cackles of my stone cold heart to see those who wish to sell our freedoms out to the altar of “Security” made to look like buffoons.

Very well done gents, very, very, well done. 😀

Having said all that —- here is the synopsis and Video….

Synopsis: In this special CPAC expanded edition of the Reality Report, we go face to face with Donald Rumsfeld, Dick Cheney and Newt Gingrich and present the highlights (and lowlights)! ; Gary Franchi runs into former Saturday Night Live star, Victoria Jackson, and interviews CPAC Chair David Keene about the Defender of the Constitution Award. Gary also meets with Jesse Benton, Ron Paul’s Communications Director, to give you the inside scoop on the Ron Paul 2012 Presidential campaign. Jeff Frazee from Young Americans for Liberty joins the show to tell us how he got turned on to Ron Paul’s message. We meet with Congresswoman Nan Hayworth from New York’s 19th district to ask her about her vote for the Patriot Act. We also ask Ron Paul supporters what it is about his message that inspires them. We also take you to the Jordan Page after party for the release of his new album titled “Liberty”. Angie returns to deliver the headlines with a special report on the Young Americans for Freedom and Truth Squad.TV’s confrontation. We’ll read your email, review last week’s poll results and brand a new enemy of the state.

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Oh Great: Cost of clothing going up

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We were warned that this sort of a thing was going to happen, Glenn Beck said it long ago…:

NEW YORK — Clothing prices have dropped for a decade as tame inflation and cheap overseas labor helped hold down costs. Retailers and clothing makers cut frills and experimented with fabric blends to cut prices during the recession.

But as the world economy recovers and demand for goods rises, a surge in labor and raw materials costs is squeezing retailers and manufacturers who have run out of ways to pare costs.

Cotton has more than doubled in price over the last year, hitting all-time highs. The price of synthetic fabrics has jumped roughly 50% as demand for alternatives and blends has risen.

Clothing prices are expected to rise about 10% in coming months, with the biggest increases coming in the second half of the year, said Burt Flickinger III, president of Strategic Resource Group.

via Cost of clothing going up | Detroit Free Press | freep.com.

I think now would be a good time to go out and get a few good pairs of pants and a few shirts. There’s nothing wrong with stocking up on needed stuff.

This is just the beginning. Wait till food prices skyrocket.

You can thank your feckless Government for this.

Clinton to announce new envoy for the “AfPak” Theater

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This looks like it could be a big mess.

Secretary of State Hillary Rodham Clinton has chosen a new special envoy to Afghanistan and Pakistan, after months of delay and disagreements between the White House and the State Department over the parameters of the job that became vacant with the December death of Richard C. Holbrooke, senior officials said.

Retired diplomat Marc Grossman is expected to take over as the administration is facing a crucial year for its war strategy in Afghanistan, where it plans to begin U.S. troop withdrawals this summer and to move toward a political settlement including negotiations with the Taliban before the end of 2011.

In Pakistan, a key partner in the strategy, the situation has become even more fraught with peril, as U.S.-Pakistani relations have plummeted to their lowest point in years over Pakistan’s rejection of U.S. demands to grant diplomatic immunity to a U.S. official accused of murder there.

The administration has suspended high-level official contacts with the Pakistanis, and senior members of Congress have warned Islamabad that it risks a cutoff of U.S. aid.

via Washington Post:  Clinton to announce new ‘AfPak’ envoy.

Wow, I was not aware of all these problems. Looks like Hillary Clinton has her work cut out for her. Two things that stand out here:

  1. Why do we keep sending over retired people to handle these situations? Cannot Hillary Clinton or President Obama find anyone who is not at retirement age to handle this problem? Just a thought there, not trying to criticize it; because I doubt John McCain would be able to handle this any better.
  2. This situation with the murder charge just looks bad all around and will most likely hamper our efforts to combat the war on terror and will hinder us from capturing or killing Osama Bin Ladin. Because you cannot capture the bad guys; if you cannot get along with the people where they are hiding.

Again, I have said this a million times here, and I will say it again. Bush handled this whole thing wrong after 9/11. Bush should have went after the Countries that financed the attacks on 9/11. Instead he went after their training grounds, with the assumption that it would be a cakewalk to catch them; and then he went into Iraq, on what we now now to be bad intelligence and also assumed that would be cake walk too — and Afghanistan was left to neglect.  As of a result that poor leadership, we now have this mess to contend with. I pity Hillary and even President Obama to a point, they inherited this awful mess and now, they have to make gold, out of a steaming bag of crap. What a mess! I would not want to be in their shoes at all. 🙁

But, that is what happens, when you elect Neo-Conservatives who are on a so-called “Mission from God.” Let this be a lesson to America and to the Republican Party and all who supported and voted for the man. Say what you want, but between the bailouts and his poorly planned war on terror — we find ourselves in a awful mess; both with debt and with foriegn diplomacy.

Oh Great: Muslim Brotherhood applies for Political Party Status in Egypt

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First the Video:

The Story via CNN: (H/T The Gateway Pundit)

Egypt’s banned Muslim Brotherhood will apply to become a political party, it announced Tuesday.

The Brotherhood “envisions the establishment of a democratic, civil state that draws on universal measures of freedom and justice, with central Islamic values serving all Egyptians regardless of colour, creed, political trend or religion,” it said in the statement.

Although officially illegal, the Muslim Brotherhood is regarded as one of the most organized groups in Egypt.

As Jim Hoft does rightly point out; The Muslim Brotherhood does want Sharia Law in Egypt and everywhere else in the World. The question is, will they get it? Some say that it is highly doubtful this would actually happen, and some say yes, it could in fact happen. The truth is, nobody really knows; which has Conservatives and the truth be told; everyone in the Pentagon, The White House, and in many Governments in the Arabian peninsula — not to mention Israel.

Video: Don Rumsfield on 9/11, Iraq, Afghanistan, and More

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Some good video here:

The Story via ABC NEWS:

More than four years after leaving public life, former Defense Secretary Donald Rumsfeld continues to believe the war in Iraq was worth the effort, and has no apologies for his decision-making in leading the campaigns in Afghanistan and Iraq.

In an exclusive interview with ABC’s Diane Sawyer, Rumsfeld concedes that “it’s possible” that decisions on how many troops to send into Iraq marked the biggest mistake of the war.

“In a war, many things cost lives,” Rumsfeld told Sawyer.

Pressed on the fact that President Bush has written that cutting troop levels in Iraq was “the most important failure in the execution of the war,” Rumsfeld called that “interesting.”

I do not much care for the man. He is, in my humble opinion, an ignoramus. But he does have his opinions and he is a human being.

Get the Book:

I also highly recommend George W. Bush’s book as well:

Video: The Reality Report: Bypassing the Obama Kill Switch

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Please Note: The posting of this video does not constitute an endorsement of views presented in this video. It is simply posted for information purposes only.

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In this issue of the reality report: The Egyptian Revolution triggered a government shutdown of the web. Could it happen here? Is the internet kill switch back on the congressional table? If the Feds shut down the web in the United States how could “We the People” get around the internet blackout? Gary Franchi reveals what tools you need to bypass a Government sponsored internet blockade. In this edition, Ron Paul explains the how the Federal Reserve works outside of congress’ constitutional framework. We also look at Senator Chuck Schumer failing miserably while explaining the three branches of government. Beautiful words are uttered from the lips of the Florida attorney general about Obamacare. President and founder of Freedom Law School, Peymon Montehedeh, gives us the details on this years’ Freedom Conference, and we announce a new action taking place in March. We’ll take a dip into the mailbag, deliver the results of last week’s poll, a viewer brands a new Enemy of the State… and Nina returns to deliver the Headlines from the new Reality Report News Room.

http://RTR.org | http://RealityReport.TV

Video: So, is this what passes for civil discourse among the liberals?

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So, liberals — is this what you call civility?

Posted on liveleak, in case it disappears:

From the Comments section of the video:

RACISTS like this, are begging for war. Let’s give them one. It is 220,000,000 white people, against 37,000,000 blacks. You know what a genocide looks like? You don’t, because there is no one left, to remember it. Be? smart, though. Let them, make the first violent moves. Let the people, see their violence. Let them give us a reason. Be patient. Do not move, as an individual. Wait. Keep giving them rope, they need, to hang themselves. LOL!!!

A-Farking-Amen. 😡

(H/T Michelle Malkin)

Video: Why Egypt wants Mubarak out

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So the truth comes out!

This comes via Bare Naked Islam:

Looks like this situation is a bit more complicated than many first thought.

Looks like this is going to turn out to be a very interesting story.

But, as a Paleo-Conservative, I simply say, this is what happens when American involves itself in foreign entanglements. This is that blowback; and Israel is going to suffer for it.

Video: The Reality Report #78: The Homeland becomes the Fatherland

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Please note: The posting on this video does NOT constitute support for all of the views therein. It is posted for your education and information.

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Synopsis: In the 78th edition of the Reality Report, Gary Franchi draws the direct parallels America shares with Hitler’s Germany and provides the solution to avoiding their terrible fate. We take a look at Ron Paul’s Texas Straight Talk where he discusses what a new found interest in the Constitution could mean for America. CEO of Euro Pacific Capital, Peter Schiff tells us why the Chinese modeled their currency after the U.S. dollar. We also hear from the former U.S. military analyst who is responsible for leaking the Pentagon Papers, Daniel Ellsberg. He explains the recent war on whistle-blowers. Chris Mathews latest hypocrisy is revealed and Angie breaks down the news. As always we take a dip into the mailbag, reveal the results from last weeks viewer poll and brand a new Enemy of the State.

The Video:

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Video: Ron Paul talks with John Stossel on the SOTU address

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This comes via The Daily Paul:

Part 1:

Part 2:

Comments are Welcome!

UPDATE: Explosion in Russia at airport — Video Added

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Not good to hear…….

Video via Russia Today:

A bomb attack at Moscow’s Domodedovo airport has killed at least 35 people and injured more than 100 – many of them critically, officials say.

Investigators say the explosion, which happened in the arrivals hall, was caused by a suicide bomber.

President Dmitry Medvedev vowed that those behind the attack would be tracked down and punished.

He ordered increased security across Russia’s capital, its airports and other transport hubs.

Mr Medvedev also called an emergency meeting with officials and also postponed his planned departure for this week’s World Economic Forum at Davos. — BBC News – Moscow bombing: Carnage at Russia’s Domodedovo airport

Reckon them Ruskies will learn to take terrorism seriously now? I say this because it seems that the Russians never really took terrorism that seriously. They acted as if it was a USA problem with the World. Maybe now they will look at things a bit differently.

Prayers for the people in the area.

Update: Here is the video of the actual attack from security camera:

Uh-Oh: Hazbollah forces the collapse of the Lebanese Government

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This is  seriously not a good thing. 😯

Via The NYT:

BEIRUT, Lebanon — Hezbollah and its allies forced the collapse of the government here on Wednesday, deepening a crisis over a United Nations-backed tribunal investigating the assassination of a former prime minister.

Eleven of the cabinet’s 30 ministers announced their resignations, a move that dissolves the government. They said they were prompted to act by the cabinet’s refusal to convene an emergency session to oppose the tribunal, which is expected to indict members of Hezbollah.

Ten of the ministers announced their resignations just as Prime Minister Saad Hariri was meeting with President Obama in Washington. The opposition had hoped that all 11 ministers would resign together, to bring down the government at that time and expose Mr. Hariri to the maximum embarrassment.

But the 11th minister, Adnan Sayed Hussein, announced his resignation in a statement later in the evening, the National News Agency reported, after the meeting in Washington was over.

The collapse of the fragile government is the worst crisis in Lebanon since 2008, when an agreement reached in Qatar achieved a truce to end sectarian clashes that killed 81 people and brought Lebanon to the brink of a renewal of its 15-year civil war, which ended in 1990.

“We were committed but they were not,” said Ammar Houri, a lawmaker with Mr. Hariri’s bloc. He added that Mr. Hariri’s allies were meeting to decide the next step.

Hezbollah and its foes have wrestled over the direction of the small Mediterranean country since the former prime minister, Rafik Hariri, was killed in a bombing along Beirut’s seafront in 2005. Twenty-two other people died in the attack. Since then, the tribunal has investigated his death and is now widely expected to indict members of Hezbollah, the country’s powerful Shiite Muslim movement.

Hezbollah has denied involvement and denounced the tribunal as an “Israeli project.” It has urged Prime Minister Saad Hariri, the slain man’s son, to reject its findings. Mr. Hariri, who has so far resisted the pressure, cut short his visit to the United States in order to return early to Lebanon and deal with the widening political crisis.

There has been a sense of inevitability to the resignation by cabinet ministers allied with Hezbollah. For months, Hezbollah has warned that it would not stand by as its members were accused of involvement in the assassination of Mr. Hariri’s father. Though it is technically part of the opposition, Hezbollah joined a unity government formed after elections in June 2009. It has emerged as the single most powerful force in the country, aided by its alliance with a powerful Christian general and the fracturing of its foes.

This should be an interesting story to follow, I just wonder how long it will be before bombs start falling in Israel again?

Tom Delay gets three years for corruption charges

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Video Via CBN:

The Story:

Former House Majority Leader Tom Delay, R-Texas, was sentenced on Monday to three years in prison for conspiracy to commit money laundering.

The sentence came after Delay was convicted in November of trying to illegally influence elections in the Lone Star State.

In a 10 minute speech to Senior Judge Pat Priest, Delay insisted he did nothing wrong.

“I can’t be remorseful for something I don’t think I did,” Delay said, adding that accountants and lawyers checked everything he did.

“This criminalization of politics is very dangerous. It’s dangerous to our system. Just because somebody disagrees with you they got to put you in jail, bankrupt you, destroy your family,” he told Priest.

However, the prosecutor in the case saw the matter differently.

“I think Tom Delay said it best. He said that he was arrogant,” Assistant District Attorney Gary Cobb said.

“His statement was an extremely arrogant statement where he refused to accept responsibility, refused to show any remorse for the offense of which he’s been convicted of,” Cobb added.

I happen to see this a little differently than Tom Delay. I believe there is another motivation factor here; and that factor is race. This is nothing more, than a political and racial watch hunt by a black liberal Democrat who wants to make a name for himself by going after and bringing down a White Conservative Republican. I have information in my possession from well-placed anonymous sources, e-mails from this man saying that he was going to bring down Tom Delay and some very nasty racist words were used to describe Mr. Delay.

It is a sad day in America when out of control liberal blacks can attack, smear and persecute White Americans for crimes that they did not commit.

They never let a crisis go to waste: Far leftist loon Carolyn McCarthy readies Gun Control Bill

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Not that anyone saw this coming…. 🙄

One of the fiercest gun-control advocates in Congress, Rep. Carolyn McCarthy (D-N.Y.), pounced on the shooting massacre in Tucson Sunday, promising to introduce legislation as soon as Monday targeting the high-capacity ammunition the gunman used.

McCarthy ran for Congress after her husband was gunned down and her son seriously injured in a shooting in 1993 on a Long Island commuter train.

“My staff is working on looking at the different legislation fixes that we might be able to do and we might be able to introduce as early as tomorrow,” McCarthy told POLITICO in a Sunday afternoon phone interview.

Gun control activists cried it was time to reform weapons laws in the United States, almost immediately after a gunman killed six and injured 14 more, including Rep. Gabrielle Giffords, in Arizona on Saturday.

Many said that people with a history of mental instability, like the alleged shooter, Jared Lee Loughner, should not be able to buy a gun — and no one should be able to buy stockpiles of ammunition used by the 22-year-old assailant.

McCarthy said she plans to confer with House Speaker John Boehner and Minority Leader Nancy Pelosi to see “if we can work something through” in the coming week.

McCarthy’s spokesman confirmed the legislation will target the high-capacity ammunition clips the Arizona gunman allegedly used in the shooting, but neither he or the congresswoman offered any further details.

“Again, we need to look at how this is going to work, to protect people, certainly citizens, and we have to look at what I can pass,” McCarthy said. “I don’t want to give the NRA – excuse the pun – the ammunition to come at me either.”

via Carolyn McCarthy readies gun control bill – Shira Toeplitz – POLITICO.com.

I understand her husband getting killed and he kids hurt in a shooting. But is it really necessary to impose her idiotic will on the American people?

Of course, unless something major changes; this bill will never, ever make it to the President’s desk. The Democrats tried this whole thing back during the Clinton era and ended up paying for it dearly during the elections. They fought this battle —- and ultimately lost.  So, I expect that this bill will be treated as such.

What will be interesting to note is whether the Conservative in Congress will stick to their principles ….or will they go the Neo-Conservative route and sell out their principles to the liberals, who want to strip our freedoms in the name of safety? Remember the only difference between a big Government liberal and a Big Government Conservative Neo-Con is the type and names of their special interest groups; there are others, but I do not want this article to be too long. 😉

What really needs to happen, is some freedom loving American needs to challenge Rep. Carolyn McCarthy at the ballot box, come election time. Because we just cannot allow these far-leftist loons to use a sad situation like this, to rob peace loving, and law abiding citizens of the United States of American of the freedoms that they hold dear.

It is a often used phrase among second amendment advocates, that “Gun Control is less about guns and more about Control.” This attempt by this far leftist loon proves that beyond a shadow of a doubt.

America is watching congress, act wisely; we voted you in — we can and will, vote you out.

Remember this come 2012.

For the record, I do not support this sort of nonsense

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Normally, I would not touch a story like this; but this one sticks out a bit:

WASHINGTON (AP) — First, fiery packages sent to top officials in Maryland were opened, revealing an angry message complaining of the state’s terrorism tip line. Then, a mailing addressed to the nation’s homeland security chief ignited with a similar flash of fire and smoke at a D.C. postal processing facility.

While authorities have not said if the latest parcel contained a note, they did say the three packages were alike. The targeting of Homeland Security Secretary Janet Napolitano also seemed to echo anger expressed by the mailer of the first two.

Napolitano launched a nationwide “see something, say something” campaign in July, and her recorded voice can be heard in Washington-area subway stations, reminding commuters to report suspicious behavior. The program expanded last month to include more than 230 Walmarts across the country.

The Maryland packages had an explicit message, railing against highway signs urging motorists to report suspicious activity by calling a toll-free number. The message read: “Report suspicious activity! Total Bull—-! You have created a self fulfilling prophecy.”

Authorities fear there could be more packages.

via Fiery package addressed to Homeland Security chief | The Daily Caller

This is one of those blog entries that I do not like having to write —- but because I am Christian and because I happen to believe that anarchy is wrong — I feel the need to write about it.

Contrary to what most radicals might want you to believe, sending package bombs to Governmental offices and targeting Governmental officials is NOT Patriotic! Nor is it cool or even remotely acceptable. In this great Country of ours, we have a perfect system of protest against existing Governments. It is called the Ballot box. We also have the first amendment, which allows us to peacefully assemble and protest against the actions of our Government. You saw that during the Tea Party protests this summer, and because of those protests and because of the media coverage of them, there was a landslide victory by the Republicans in the House and parts of the Senate as well.

Those who stoop to violence towards our Government have given up hope on the political system and on the process of elections. Violence solves nothing at all; it just causes the other side of the political fence to blame those of us, who are peace-loving Americans, who do not agree with the big Government polices of the liberals in Congress and in the White House — for this sort of ungodly nonsense. When in all honesty, it is not our fault.

I want it to be publicly known that this “right of center” political blog and it’s owner condemn this sort of terrorist actions in the highest terms possible and it is my personal hope and prayer that they catch the person or persons responsible for this and that they prosecute this godless vermin to the fullest extent of the law. Further more, I believe that if Fox News, and every other Conservative outlet out there has ANY sort of integrity at all; these organizations would come out and say the same exact thing.

Unfortunately, among the more Paleo-libertarian crowd, this sort of extremist action is seen as heroic and even justified — which is, of course, asinine.  Acts of violence, in a civilized society, such as ours, to make a political point, is right on par with what Al-Qaeda and other such Jihad groups wish to do here in America. In other words, this is nothing more than straight up terrorism and should be treated as such.

Again, in closing, having a political stance and opinion is fine — even acceptable. However, when one decides to hurt other people to express that opinion — you stop being a patriot or even an American and you become a terrorist and a criminal. There is a difference and I believe that more Bloggers on the right ought to be saying this.

Update: Dan says I am renouncing myself. Which is idiotic at best. I simply am saying that those, like Lew Rockwell, that find this sort of a thing to be chick are not patriots. But, TERRORISTS…. Period, FULL STOP.

Long-Term Bonds: The Best Possible Investment? Think Again

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A free Club EWI report reveals why bonds do not provide shelter from the storm
December 23, 2010

By Elliott Wave International

TREASURIES — the very name conveys a thing that is secure, protected, and will appreciate over time. Otherwise, it’d be called something like “TRASHeries” or “Mattress Stuffers.” Then, there’s the official seal of the US Department of Treasury: its image of a scale and a key symbolize “balance” and “trust.”

And, finally, there’s the mainstream economic experts who have it on good authority that long-term bonds increase in value during financial instability and uncertainty.

On this, the following news items from November-December 2010 reflect the enduring faith in fixed-income assets as the ultimate safe-havens:

  • “Bonds Tumble On Signs of Economic Recovery” (Reuters)
  • “US Treasury Prices Rise as traders positioned for negative headlines….” (Associated Press)
  • “Treasury’s rise as investors sought shelter in safe haven assets amid rising fears about sovereign debt woes in the eurozone. The slow motion train wreck is likely to play out over year end as each country plays musical chairs with solvency. The market’s concern here is ‘What is next?’ The 10-year Treasury yield will fall if the problems get worse from here.” (Wall Street Journal)

There’s just one problem with this notion: namely, bonds (of any denomination) do NOT have a built-in disaster premium. This is the myth-busting revelation of the latest, free report from Elliott Wave International. The resource titled “The Next Major Disaster Developing For Bond Holders” includes a thoughtful selection of various EWI publications that expose the very real vulnerability of bond markets to economic downturns.

The premier study on the subject comes from Chapter 15 of EWI President Robert Prechter’s book Conquer The Crash by way of this memorable excerpt:

“If there is one bit of conventional wisdom that we hear repeatedly with respect to investing, it is that long-term bonds are the best possible investment [in downturns]. This assertion is wrong. Any bond issued b a borrower who can’t pay goes to zero in a depression. Understand that in a [major contraction], no one knows its depth and almost everyone becomes afraid. That makes investors sell bonds of any issuers that they fear could default. Even when people trust the bonds they own, they are sometimes forced to sell them to raise cash to live on. For this reason, even the safest bonds can go down, at least temporarily, as AAA bonds did in 1931 and 1932.

The first chart (see below) shows what happened to bonds of various grades in the deflationary crash. And the second chart (see below) shows what happened to the Dow Jones 40-bond average, which lost 30% of its value in four years. Observe that the collapse of the early 1930s brought these bonds’ prices below — and their interest rates above — where they were in 1920 near the peak in the intense inflation of the ‘Teens.”


That’s just the tip of this myth-busting report. “The Next Major Disaster” uncovers flaws in other widely-accepted bond lore, including these two assumptions:

  • High -yield bonds rise during economic expansions
  • AND — municipal bonds provide a steady refuge in times of economic stress.

Read more about Robert Prechter’s warnings for holders of municipals and other bonds in his free report: The Next Major Disaster Developing for Bond Holders. Access your free 10-page report now.

Bombs explode in Rome

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Video:

The Story via the U.K. Telegraph:

The first explosion, which occurred at midday (11amGMT) seriously injured a caretaker at the Swiss embassy.

Another possibility mentioned by investigators is that “the attack was organised by insurgent anarchist groups.”

One of the investigators said that one of the main lines of inquiry was on “anarchist circles of the eco-terrorist movement.”

The Rome prosecutor’s office has opened an investigation on suspicion of “an attack with terrorist aims,” ANSA news agency reported

The second, which occurred at around 3pm (2pm GMT), was at the Chilean embassy, also injuring one person.

Such violent people those far leftists. 🙄


You think it is bad now? Wait till the States start collapsing!

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This is totally unbelievable: (H/T to HotAir.com)

Speaking of money and taxes, here is Congressman Ron Paul talking about Taxes, Money and of course, the Federal Reserve: (H/T Lew Rockwell’s Blog)

Needless to say, the next couple of years are going to be very interesting to watch. 😯

News from a different perspective

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THE GLORIOUS HISTORY OF THE ENGLISH BIBLE (Friday Church News Notes, December 17, 2010, www.wayoflife.org fbns@wayoflife.org, 866-295-4143) – We celebrate the 400th anniversary of the King James Bible in 2011, and it is not merely another translation. Its heritage and the manner in which it was created are unique. The early record of the English Bible is one of the most fascinating chapters of church history and reads almost like a novel. The history of the British Empire, of the American nation, and of the English language itself are inextricably intertwined with the King James Bible. Our book The Glorious Heritage of the King James Bible recounts this history, beginning with the Wycliffe Bible of the late 14th century. Every English-speaking believer should know these things; yet, sadly, even in the staunchest Bible-believing churches it is rare to find someone who is well informed about the great price that was paid to provide us with such an excellent Bible in our own language. I have studied this history for many years, not only through literature (having built a large and expensive personal library on this subject) but through onsite research in the places where the history took place. By God’s grace I’ve traveled to Lutterworth and Oxford and Cambridge, to Little Sodbury Manor and St. Adeline’s Church and St. Dunstan’s and Fulham Palace, to Smithfield and Hampton Court and Westminster and the Jerusalem Chamber, to Lambeth Palace and the Lollard’s Tower and St. Paul’s Cathedral, to Vilvoorde and Geneva. I’ve handled ancient Waldensian New Testaments at the Cambridge Library and Trinity College Dublin and early edition Tyndale Bibles at the British Museum. This fascinating research has greatly strengthened my faith in God and in the authenticity and preservation of His holy Word, and I trust that The Glorious Heritage of the English Bible will do the same for each reader of this book. It would be a great book for families to read together in 2011. (This illustrated book is available from Way of Life Literature.)

U.N. CLIMATE TALKS START WITH A CALL TO GODDESS (Friday Church News Notes, December 17, 2010, www.wayoflife.org fbns@wayoflife.org, 866-295-4143) – The United Nations climate negotiations in Cancun, Mexico, opened with the invocation of the ancient jaguar goddess Ixchel. Christiana Figueres, executive secretary of the U.N. Framework Convention on Climate Change, told the crowd of scientists and politicians that Ixchel was not only goddess of the moon but also “the goddess of reason, creativity and weaving” (“Post Carbon,” The Washington Post, Nov. 29, 2010). Figueres prayed that Ixchel would inspire the delegates “to weave together the elements of a solid response to climate change, using both reason and creativity as your tools.” This is typical United Nations New Age spirituality. (Had she invoked Jesus Christ, she would probably have been booed off the stage and fired.) At the U.N. Earth Summit in Rio De Janeiro in 1992, the opening ceremony featured a ship called Gaia, named for the Greek goddess of the earth. That conference was preceded by an all-night ceremony to worship Mother Earth. At dawn a Brazilian tribal high priestess led the worshipers to the edge of the ocean where they offered flowers and fruit to a sea goddess identified as the “mother of the powers, queen of the seas.” The Rio Declaration, which contains a radical environmentalist agenda, was referred to as “a sacred text.” In reality the U.N. climate change agenda is all about a greedy transfer of wealth and the furtherance of a one-world government, which is setting the stage for the events of the book of Revelation. The delegates to Cancun from 193 nations are hypocrites who claim that there has been major global warming and that the icecaps and glaciers are melting, but instead of meeting in Alaska in December they are meeting in Mexico. And instead of walking and bicycling and sailing to Cancun, they flew in gas-guzzling airplanes that many of these environmentalists have condemned as greenhouse gas-producing monstrosities.

STREET PREACHER WINS JUDGMENT AGAINST ARRESTING POLICE (Friday Church News Notes, December 17, 2010, www.wayoflife.org fbns@wayoflife.org, 866-295-4143) – The following is excerpted from The Daily Mail, London, Dec. 10, 2010: “Police have been ordered to pay compensation to a Christian street preacher who was hauled off in handcuffs for saying that gays will go to hell. A judge condemned the arrest of Anthony Rollins, who quoted the King James Bible on the subject of the ‘effeminate’ as he preached in Birmingham. Mr Rollins was handcuffed and then held in a cell for nearly four hours after a passer-by dialled 999 and complained that his language was ‘hugely offensive’. The ruling–which ended with West Midlands police ordered to pay more than £4,000 in damages to the 45-year-old preacher–appears to set a new landmark in the battle between the gay lobby and Christians who want to say in public that homosexual sex is wrong. It comes as Christian leaders, notably former Archbishop of Canterbury Lord Carey, have been complaining against the use of equality law to force Christians to act against their consciences. … Mr Rollins has been speaking on the city’s streets as a member of a Christian mission for 12 years. In June 2008 he was handing out leaflets in the city centre and quoting passages from the King James Bible–the Authorised Version which reaches its 400th anniversary next year–that refer to homosexuality. … Mr Rollins said yesterday: ‘The judgment is excellent news. But I didn’t do this for the compensation. I did it for freedom of speech.’”

SWORD OF THE LORD OMITS REPENTANCE FROM SPURGEON SERMON (Friday Church News Notes, December 17, 2010, www.wayoflife.org fbns@wayoflife.org, 866-295-4143) – Recently I received the following e-mail from Jim Koenig: “Last night we watched your video ‘How to Avoid False Professions’ for the second time and the segment on repentance was even more enlightening this time around. Over the years we have noticed that the Sword of the Lord has shifted away from the doctrine of repentance and cunningly led their readers in that direction. A good example is the Charles Spurgeon sermon ‘Only Trust Him’ in the November 26, 2010 issue. They have left out what he said about repentance. The original sermon can be found at www.spurgeongems.org/sermons.htm (sermon #1635) and the omitted part is on page three of the sermon, the 6th full paragraph down. Years ago my wife and I graduated from the Sword Soul Winning Director’s College, taught personally by Bro. Smith, Bro. Norris Belcher, and the late Bro. Larry Staner. At no time, never, was the word ‘repent’ mentioned or implied during the three day course. I am not anti-Sword, but they are 100% wrong on repentance and have influenced thousands of young preachers to spread their one-two-three repeat after me prayers.” COMMENT BY BROTHER CLOUD: I could not agree more. The Sword of the Lord truly has a problem with repentance, and this is not a new thing. While the founder of the Sword, John R. Rice, taught that repentance is “a change of mind toward God and toward sin” and “to turn from your sin” (What Must I Do to Be Saved, 1940), Rice’s successor, Curtis Hutson, changed the biblical definition of repentance. He did this in his influential 1986 booklet Repentance: What Does the Bible Teach? Hutson denied that repentance means to turn from sin (p. 4), that repentance is sorrow for sin (p. 8), and that repentance means “a change of mind that leads to a change of action” (p. 16). He claimed that repentance simply is “to change one’s mind.” Hutson quoted Scripture that appears to support his position but he ignored the many Scriptures that plainly contradict it. He misquoted the writings of men like his predecessor John R. Rice and mixed in a heavy dose of human reasoning. (See our book Repentance and Soul Winning for documentation of this.) Under Hutson’s watch, the Sword also removed repentance from some of the hymns in the 1989 edition of the Soul Stirring Hymns. For example, the lyrics of “The Old Account Was Settled” were changed from “O sinner, seek the Lord, repent of your sin” to “O sinner, trust the Lord, be cleansed of all your sin.” (They also did this with the lyrics to “Almost Persuaded” and “Give Me Thy Heart.”) I am thankful for many things that the Sword has stood for through the years, but the issue of repentance is not a light matter. The Sword has been at the forefront of the downgrading of this doctrine and of the promotion of the heretical practice of “Quick Prayerism” whereby psychological manipulation, human salesmanship, and an empty “sinner’s prayer” have too often replaced Holy Spirit conviction and miraculous regeneration. I refuse to join hands in ministry with men who are guilty of this serious error. (The Sword has also been at the forefront of exalting men far beyond scriptural bounds.)

CANADIAN CHRISTIAN TV SHOW PULLED OVER REMARKS AGAINST HOMOSEXUALS (Friday Church News Notes, December 17, 2010, www.wayoflife.org fbns@wayoflife.org, 866-295-4143) – The following is excerpted from “Evangelical TV Show Pulled,” National Post, Dec. 20, 2010: “Christian broadcaster Crossroads Television System (CTS) has been found in violation of broadcasting codes for statements made by evangelical television personality and minister Charles McVety that implied there was a ‘malevolent, insidious and conspiratorial purpose’ to the activities of homosexuals. Rev. McVety said he was told Thursday by CTS that his show, Word TV, would be temporarily pulled from the air. ‘My good name has been impugned by this report.’ The Canadian Broadcast Standards Council, a self-regulated industry watchdog, said that Rev. McVety disparaged gays in episodes that ran between July 2009 and February 2010 when commenting on Toronto’s massive gay pride parade and a revised Ontario sex curriculum for grade schools.”

PASTOR BEATEN, BIBLE SCHOOL BULLDOZED IN VIETNAM (Friday Church News Notes, December 17, 2010, www.wayoflife.org fbns@wayoflife.org, 866-295-4143) – The following is excerpted from “Vietnam Officials Beat Pastor, Christian Post, Dec. 14, 2010: “A Protestant pastor and human rights activist in Vietnam was beaten unconscious Tuesday morning by Ho Chi Minh City officials. His Bible school, located in the city’s District 2, was also bulldozed, according to Release International, which serves the persecuted church around the world. About 500 police, soldiers and fire officers showed up at the school with bulldozers at 7 a.m. local time and began demolishing the property. Pastor Nguyen Hong Quang, who leads the Mennonite Church, meanwhile, was beaten with batons until he fainted. Currently, Quang and five members of his congregation are being held at an undisclosed location. They were detained for allegedly ‘resisting arrest’ six years ago, as reported by Release International. In 2004, the human rights activist was arrested and charged with ‘interfering with officials carrying out their duties.’ The arrest took place months after he had called for the release of Christians who were imprisoned for distributing Christian literature in Ho Chi Minh City. The police raided his house and confiscated all his money and files detailing human rights violations by the government. His house, which served as the head office of the Mennonite Church, was also partially destroyed by some 200 officials while he was in prison. … Though Vietnam’s constitution provides for freedom of worship, the Communist government continues to restrict organized activities of many religious groups. Only government-controlled religious organizations are allowed.”

IS GOD’S LOVE UNCONDITIONAL (Friday Church News Notes, December 17, 2010, www.wayoflife.org fbns@wayoflife.org, 866-295-4143) – The good news of the gospel must begin with the bad news of sin and condemnation. This is how Paul preached the gospel in Romans. He began with nearly three chapters on man’s sinful, condemned condition before a holy God before he got to the good news of what Jesus did on the cross. According to the emerging church, Christ’s love for sinners is unconditional, but this is not true. His love is unfathomable and unmerited but not unconditional. Consider the following statements that the Lord Jesus Christ made: “He that hath my commandments, and keepeth them, he it is that loveth me: and he that loveth me shall be loved of my Father, and I will love him, and will manifest myself to him” (John 14:21). “I am the vine, ye are the branches: He that abideth in me, and I in him, the same bringeth forth much fruit: for without me ye can do nothing. If a man abide not in me, he is cast forth as a branch, and is withered; and men gather them, and cast them into the fire, and they are burned” (John 15:5-6). “Not every one that saith unto me, Lord, Lord, shall enter into the kingdom of heaven; but he that doeth the will of my Father which is in Heaven. Many will say to me in that day, Lord, Lord, have we not prophesied in thy name? and in thy name have cast out devils? and in thy name done many wonderful works? And then will I profess unto them, I never knew you: depart from me, ye that work iniquity” (Matthew 7:21-23). “He that believeth on the Son hath everlasting life: and he that believeth not the Son shall not see life; but the wrath of God abideth on him” (John 3:36). “I tell you, Nay: but, except ye repent, ye shall all likewise perish” (Luke 13:3). Repent or perish is not the message of unconditional love!

Personal Advice from ME: If you are small time stock investor, GET OUT NOW!

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…and here is why….

This comes via Gateway Pundit, who is one hell of a great blogger:

The story via the U.K. Telegraph:

US Treasuries last week suffered their biggest two-day sell-off since the collapse of Lehman Brothers in September 2008. The borrowing costs of the government of the world’s largest economy have now risen by a quarter over the past four weeks.

Such a sharp rise in US benchmark market interest rates matters a lot – and it matters way beyond America. The US government is now servicing $13.8 trillion (£8.7 trilion) in declared liabilities – making it, by a long way, the world’s largest debtor. Around $414bn of US taxpayers’ money went on sovereign interest payments last year – around 4.5 times the budget of America’s Department of Education.

Debt service costs have reached such astronomical levels even though, over the past year and more, yields have been kept historically and artificially low by “quantitative easing (QE)” – in other words, Federal Reserve Chairman Ben Bernanke’s virtual printing press. Now borrowing costs are 28pc higher than a month ago, with the 10-year Treasury yield reaching 3.33pc last week, an already eye-watering debt service burden can only go up.

Few on this side of the Atlantic should feel smug. The eurozone’s ongoing sovereign debt debacle has pushed up Germany’s borrowing costs by 27pc over the last month – to 3.03pc. The market has judged that if Europe’s Teutonic powerhouse wants the single currency to survive, it will ultimately need to raise wads of cash to absorb the mess caused by other member states’ fiscal incontinence…

…Some say that growing signs of a US economic recovery are positive for stocks, which means money is being diverted out of Treasuries, so lowering their price, which pushes up yields. That’s wishful thinking. Sovereign borrowing costs have just surged in the US – and therefore elsewhere – because a politically-wounded President Obama caved-in and extended the Bush-era tax cuts, combining them with a $120bn payroll tax holiday…

…The market is increasingly alarmed at the rate of increase of the US government’s already massive liabilities. America’s government debt is set to expand by a jaw-dropping 42pc over the next few years, reaching $19.6 trillion by 2015 according to Treasury Department estimates presented (amid very little fanfare) to Congress back in June. Since then, government spending has risen even more. So US debt service costs, like those of many other Western nations, are expanding rapidly in terms of both the volumes of sovereign instruments outstanding, and the yields on each bond.

You know what that means? It means that if you are a small time investor; that you need to get out of the Market NOW! This could have a huge impact on the market, and you could lose very big. I do virtual trading and so far, I have done well on my trades. But I am not about to lose my shirt, so, I ordered a sell off of everything. Now the big time guys will be able to afford to ride this out, because they have the wealth to spare. But the small time people will get burned. The best thing I can tell you small times investors, is to dump your shares and put it all into Gold. That would either be into EFT‘s or real actual Gold.

Disclaimer: I do not claim to be a expert on the subject of stocks, trading or even Gold. However, it does stand to reason that when such news as this is report, that it will affect the U.S. markets and the United States financial system. I do however, promote a great investment advice service called Elliotwave. You might want to check it out.

Video: Bill O’Reilly: Julian Assange is Anti-American

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The alternate headline here would be, “Bill O’Reilly, Big Government Statist?”

The Video:

Reaction from Michael S. Rozeff at Lew Rockwell’s Blog:

Actually, Assange has made his aim crystal clear: justice and a just civilization through transparency of institutions and through a free press. This is solidly in accord with traditional American values. O’Reilly knows this but doesn’t believe it. He thinks Assange is a liar. This doesn’t fly. Read what Assange has to say here and here. He is devoted to reporting truths that are being suppressed and kept secret, and the consistent history of WikiLeaks shows it. It is very implausible that a man would expose himself to vilification and the great dangers that Assange faces without a very strong belief in the higher values that he is passionate about. O’Reilly is afraid, not so much at the internet attacks that he mostly speaks of in the clip, but of what he slips in toward the end. He worries about “terrorists and anarchists” out to “destroy our way of life.” This is a strange fear in many ways. It actually seems to be, for one thing, a fear of liberty and a free press. It reminds me of the Alien and Sedition Acts of 1798. That kind of suppression of political dissent was rejected by Americans when they elected Jefferson in 1800. These Acts were widely regarded as unconstitutional. For another thing, it is a fear of change, if that change means greater liberty and a lower degree of government control over people’s lives, as most anarchists want. It’s Bill O’Reilly who is standing up for anti-American values at this juncture.

So, what do you think? Is Julian Assange an Anti-American zealot…. or just an exposer of corrupt Government?

I present and you decide. comments are welcomed here, please.