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Obama has Syria in his rocket-sights again, but no consultation with Congress this time. 

Diigo is screwing up the URL AGAIN!!!!! WTF!!! The correct title is "Larry Summers and the Secret "End-Game" Memo :: http://goo.gl/wDhDhL From the marbux treasure trove of truth we have financial expert Greg Palast describing how the Banksters engineered the 2008 World Financial Collapse. Greg names names, sighting an important 1997 memo signed by then Deputy Treasury Secretary, Larry Summers. The memo describes the Banksters "end game", and authorizes pulling the trigger on a process of forcing the world's financial institutions to accept the game of derivative roulette where high risk financial schemes and casino bets had to be accepted as "financial assets". Good story and as from everything I know, the absolute truth. Read it carefully because these same Banksters control the Obama Administration and seek to continue the great shakedown. One item of note is the recent resignation of Larry Summers as Obama nominee to head the Federal Reserve Bankster Cartel. Summers is one of the architects of the 2008 financial collapse, but is seen be Wall Street as hesitant to continue with the current Bernake flooding of the money markets with $85 Billion per month in freshly minted paper. Even the hint of rolling back the Bankster bailout a bit is enough to do in Summers. alternative Fed Banster Czar Janette Yellin promises to up the $85 Billion monthly bailout, and Wall Street celebrated with a near doubling of trades. We're so screwed! We started the "Socialism and the End of the American Dream" Diigo group in September of 2008 as an effort to understand the financial collapse. In this short article, Greg Palast summarizes the story and places the important facts on the table for all to see. Pray with me for his health and safety. excerpt: "The year was 1997.  US Treasury Secretary Robert Rubin was pushing hard to de-regulate banks.  That required, first, repeal of the Glass-Steagall Act to dismantle the barrier between commercial ba

Related link: Summers Withdraws From Consideration for Fed Chairmanship, http://www.bloomberg.com/news/2013-09-15/obama-said-he-accepted-summers-decision-to-withdraw-his-name.html

From the marbux treasure trove of truth we have financial expert Greg Palast describing how the Banksters engineered the 2008 World Financial Collapse. Greg names names, sighting an important 1997 memo signed by then Deputy Treasury Secretary, Larry Summers. The memo describes the Banksters "end game", and authorizes pulling the trigger on a process of forcing the world's financial institutions to accept the game of derivative roulette where high risk financial schemes and casino bets had to be accepted as "financial assets". Good story and as from everything I know, the absolute truth. Read it carefully because these same Banksters control the Obama Administration and seek to continue the great shakedown. One item of note is the recent resignation of Larry Summers as Obama nominee to head the Federal Reserve Bankster Cartel. Summers is one of the architects of the 2008 financial collapse, but is seen be Wall Street as hesitant to continue with the current Bernake flooding of the money markets with $85 Billion per month in freshly minted paper. Even the hint of rolling back the Bankster bailout a bit is enough to do in Summers. alternative Fed Banster Czar Janette Yellin promises to up the $85 Billion monthly bailout, and Wall Street celebrated with a near doubling of trades. We're so screwed! We started the "Socialism and the End of the American Dream" Diigo group in September of 2008 as an effort to understand the financial collapse. In this short article, Greg Palast summarizes the story and places the important facts on the table for all to see. Pray with me for his health and safety. excerpt: "The year was 1997.  US Treasury Secretary Robert Rubin was pushing hard to de-regulate banks.  That required, first, repeal of the Glass-Steagall Act to dismantle the barrier between commercial banks and investment banks.  It was like replacing bank vaults with roulette wheels. Second, the banks wanted the right to play a new high-risk game:  "d

"So is Obama really the leader of a cult? Based on the above checklist, I'd have to say he is-and it's a pretty big cult, at that. If you agree, it behooves us to define the overarching beliefs of the cult over which he presides. In my view, those beliefs were accurately summed up by Thomas Sowell in his classic, A Conflict of Visions, as revolving around the idea that we humans can and should be made ever-more perfect by government policy. With that idea at the core of the cult's belief, almost no action, no matter how extreme, is off the table when it comes to government action. Deception, artifice, bullying, war-making, spying, money-printing, regulation, forcing Ritz crackers on children, taking over large swaths of the economy, or propping up companies in favored industries are all justifiable parts and parcels of the whole. Unfortunately, because the cult offers financial handouts to join, the ranks of this particular cult have swelled in recent decades. So much so that it has reached the point where, like an uninfected human in a world full of zombies, those who don't belong increasingly have to maintain a low profile or risk having their faces eaten (or, perhaps less dramatically, being subjected to a forensic audit by the IRS). This is equally true, and maybe more so, with private corporations, which keep their mouths shut as the healthcare burden of non-workers is transferred to their balance sheets, or which trumpet the fact that they're "green" in order to avoid being targeted by cult members."

Glenn Greenwald.

excerpt: .................... The controversy over the IRS's harassment of conservative groups continues. President Obama's team continues to blame low-level bureaucrats. Some conservatives suspect a more sinister explanation: that the levers of government were used to attack an existential threat to the president's 2012 reelection. The president and his party dismiss this as a paranoid fantasy. The evidence, however, is enough to make one believe that targeting Tea Party groups would have been an effective campaign strategy going into the 2012 election cycle. It is a well-known fact that the Tea Party movement dealt the president his famous "shellacking" in the 2010 mid-term election. Less well-known is the actual number of votes this new movement delivered-and the continuing effects these votes could have had in 2012 had the movement not been de-mobilized by the IRS. In a new research paper, Andreas Madestam (from Stockholm University), Daniel Shoag and David Yanagizawa-Drott (both from the Harvard Kennedy School), and I set out to find out how much impact the Tea Party had on voter turnout in the 2010 election. We compared areas with high levels of Tea Party activity to otherwise similar areas with low levels of Tea Party activity, using data from the Census Bureau, the FEC, news reports, and a variety of other sources. We found that the effect was huge: the movement brought the Republican Party some 3-6 million additional votes in House races. That is an astonishing boost, given that all Republican House candidates combined received fewer than 45 million votes. It demonstrates conclusively how important the party's newly energized base was to its landslide victory in those elections, and how worried Democratic strategists must have been about the conservative movement's momentum. The Tea Party movement's huge success was not the result of a few days of work by an elected official or two, but involved activists all over the country who spent the year and a hal

One interesting facet of this scandal is that the IRS in its own regulations rewrote a law passed by Congress in the early 50s to permit non-profit corporations to devote part of their resources to political issues. As passed by Congress, it says that the non-profits must be "exclusively" charitable in nature. But when the IRS wrote its implementing regulations, it substituted "primarily" for "exclusively," thus allowing the non-profits to engage in political political campaigns to an undefined extent and getting the IRS into the business of looking at political credentials rather than a simpler review of whether the given non-profit's purpose is purely charitable. Thus, a question of what should be done about this. Roughly, the choices are: [i] amend the statute to read "primarily;" or [ii] leave the statute alone and have someone litigate to correct the IRS regulations. The latter path, if followed, should result in ending *all* non-profits' participation in political campaigns. The advantage of the latter path is that it gets the IRS out of the business of picking whose politics they like. The disadvantage is that it gores a huge number of non-profits' oxen across the political spectrum, so a major lobbying effort to rewrite the statute to maintain the status quo is predictable. But with a court decision holding that the IRS got it wrong, that non-profits must be "exclusively" charitable, presumably it would be illegal for non-profits to do that campaigning themselves.

Must read stuff.  The Obama Foreclosure Settlement Act is a clever exit strategy for criminal Banksters having committed the most egregious fraud.  A $9 Trillion dollar problem, rife with criminal activities, is settled for a mere $25 Billion, much of which will come out of the taxpayers hide thanks to Fannie and Freddie guarantees.  This deal stinks of typical Obama crony banksterism.  Now we need to watch for how many millions the Banksters pour into the newly authorized Obama Super PACS.  Should be interesting. excerpt: As we've said before, this settlement is yet another raw demonstration of who wields power in America, and it isn't you and me. It's bad enough to see these negotiations come to their predictable, sorry outcome. It adds insult to injury to see some try to depict it as a win for long suffering, still abused homeowners. 1. We've now set a price for forgeries and fabricating documents. It's $2000 per loan. This is a rounding error compared to the chain of title problem these systematic practices were designed to circumvent. The cost is also trivial in comparison to the average loan, which is roughly $180k, so the settlement represents about 1% of loan balances. It is less than the price of the title insurance that banks failed to get when they transferred the loans to the trust. It is a fraction of the cost of the legal expenses when foreclosures are challenged. It's a great deal for the banks because no one is at any of the servicers going to jail for forgery and the banks have set the upper bound of the cost of riding roughshod over 300 years of real estate law....... 12. We'll now have to listen to banks and their sycophant defenders declaring victory despite being wrong on the law and the facts. They will proceed to marginalize and write off criticisms of the servicing practices that hurt homeowners and investors and are devastating communities. But the problems will fester and the housing market will continue to suffer. Inv

Links to radio interview. Excerpts below: "As a long-time friend and guest on NTEB Radio, we know Dr. Garrow to be a previous Nobel Peace Prize nominee and executive director of the Bethune Institute's Pink Pagoda Girls school and rescue outreach in China. But on our show tonight, Dr. Garrow made the amazing revelation that he had, in fact, right up until this past Wednesday night at midnight, spent 45 years as a covert CIA operative. Garrow said that as a result of his "litmus test" statement in January, he was outed from the agency by Obama, and forced to accept early retirement. But the revelations didn't stop there. In addition to revealing that Andrew Breitbart had been killed under orders from Obama administration officials, he also said that spy thriller novelist Tom Clancy had also be killed in much the same way, and for the same reasons. Garrow said that Clancy had been spoon fed inside information for years from covert operatives for his novels, and he knew too much. Interestingly, when asked about where he got his ideas for his novels, Clancy had said this before he died: ""I hang my hat on getting as many things right as I can," Mr. Clancy once said in an interview. "I've made up stuff that's turned out to be real - that's the spooky part." NY Times A little too real, as it turns out. Dr. Garrow said the reason no autopsy was performed for the first 5 days is that it 'takes that long for the chemicals he was poisoned with to work their way out of his body'. Lastly, he revealed that Obama's administration was made up of Marxist Muslims who all take their orders from Senior Adviser to the President, Iranian-born Valerie Jarrett. Dr. Garrow said that it is well known to intelligence agencies all over the world that Obama is a foreign plant who was placed on the path to the presidency by ultra-rich Saudi nationals This is why, Garrow said, that all of Obama's education records have been permanently sealed. Garrow p

Incredible must read for all Americans. excerpt: By the end of March, Barack Obama's administration will face its destiny, its Brutus a pawn of the fates. In Jimmy Carter's presidency, the Wall Street Journal editorialized about "Ratcheting to Ruin." The title derived from the fact that each cycle high in unemployment was higher than previous ones, and each cycle high in inflation was also. "Stagflation" was the neologism coined to describe what up until then was believed to be impossible in the Keynesian world. This period ushered in a new era in both politics and economics. Carter was replaced by Reagan, and Keynes was replaced by Friedman. Thirty years later, Keynes is back in vogue, Obama has ascended to the White House, and times are reminiscent of the Carter era. The economy is awful. Fear and dissatisfaction prevail. Politicians are held in contempt. There is one major difference -- Carter did not face an "ides of March" event. ..... The problem is bigger than the numbers above might suggest. Budget forecasts show that the problem increases over time. In addition, 40% of existing debt matures in the next year. That means $2.8 trillion of debt has to be refinanced. The Treasury must sell on average $90 billion of debt a week! In five weeks, we need to sell $450 billion. That is equal to the largest full-year deficit in history, at least until Obama's first year. There are no plans to curb spending or cut deficits. President Obama just increased the debt ceiling by $1.9 trillion. To outsiders, we appear like a banana republic with ICBMs. Does anyone seriously believe that funding based on "the kindness of strangers" is workable much longer? ..... If Bernanke stops QE, he fulfills his role as an independent central banker. Presumably, that action stops the decline in the dollar and reduces the risk of future inflation. It was the course that Paul Volcker chose in the late 1970s. Volcker's action was bold, highly controversial, and highly criticized. Vol

This is as bad as white-collar crime gets. But to Wylde, it doesn't rise to the level of being "indefensible." Until they do something worse than this, we apparently should support the banks, and make sure they don't have to pay more than a fraction of what they made off of this kind of crime. What is most amazing about Wylde's quote is the clear implication that even a law enforcement official like Schneiderman should view it as his job to "do everything we can to support" Wall Street. That would be astonishing interpretation of what a prosecutor's duties are, were it not for the fact that 49 other Attorneys General apparently agree with her. In Schneiderman we have at least one honest investigator who doesn't agree, which is to his great credit. But everyone else is on Wylde's side now. The Times story claims that HUD Secretary Shaun Donovan and various Justice Department officials have been leaning on the New York AG to cave, which tells you that reining in this last rogue cop is now an urgent priority for Barack Obama. Why? My theory is that the Obama administration is trying to secure its 2012 campaign war chest with this settlement deal. If he can make this foreclosure thing go away for the banks, you can bet he'll win the contributions battle against the Republicans next summer. Which is good for him, I guess, but it seems to me that it might be time to wonder if is this the most disappointing president we've ever had.

Good post from Roy Filly collecting the facts about our out-of-control federal spending problem.   "What stunned House Speaker John Boehner more than anything else during his prolonged closed-door budget negotiations with Barack Obama was this revelation: "At one point several weeks ago," Mr. Boehner says, "the president said to me, 'We don't have a spending problem.' " [...] The president's insistence that Washington doesn't have a spending problem, Mr. Boehner says, is predicated on the belief that massive federal deficits stem from what Mr. Obama called "a health-care problem." Mr. Boehner says that after he recovered from his astonishment-"They blame all of the fiscal woes on our health-care system"-he replied: "Clearly we have a health-care problem, which is about to get worse with ObamaCare. But, Mr. President, we have a very serious spending problem." He repeated this message so often, he says, that toward the end of the negotiations, the president became irritated and said: "I'm getting tired of hearing you say that." We had a spirited argument a few posts ago about who was at fault for our annual trillion dollar deficits. I stopped arguing because it became clear to me, at least, that it doesn't matter who is at fault. We are spending much more over the past 10 years (and my chart only goes to 2010). As of December, our federal government borrowed 46 cents of every dollar it has spent so far in fiscal 2013. Blame whomever you like. No nation can survive with a fiscal plan that calls for such massive spending. Blame Bush, if that makes you feel better, but our Chief Executive Officer is Barack Hussein Obama and it is his job to solve the problem, not kick the can down the road. We are out of road. When our CEO states that "we don't have a spending problem" as I look at the chart above it does not inspire confidence."

I've read the brief. I don't think the implied partial repeal of the War Powers Resolution argument should fly. The relevant provision establishes a rule of interpretation of later statutes and the appropriations bills neither reject the rule of interpretation nor specifically provide authorization for use of military force. They just authorize funding. On the standing issue, I think the DoJ position is correct; the oath of office applies only to senior officers who make the decision to initiate a war. But DoJ may have opened the door to a more compelling standing argument by arguing that the war does not constitute a war crime, a crime against peace, or a crime against humanity under international law. DoJ did not need to make that argument because Smith had not alleged in his complaint that he was being ordered to commit such crimes, but by doing so DoJ waives any argument that such issues are beyond the scope of Smith's standing and the evidence that the Iraq and Syrian wars are illegal under international law is, to say the least, strong.

Obama was born a Muslim, educated as a Muslim, and is actually listed in the California journal of assembly activity as having applied for and recieved a foreign exchange student grant for Occidental College.  The grant application has Barry Soetoro claiming he is a citizen of Indonesia.  The Occidental College transcripts confirm this as well as the fact that Barry declares himself a Muslim.   A muslim and a citizen of Indonesia.  So why does this collection of insults and hatred for Christians surprise us?  Because it's so extensive and loaded.  And here i thought the guy was all about golf and expensive exotic vacations at the taxpayers expense.  That and funneling billions of taxpayer funds to his friends and bundlers.  What a list.  excerpt: When one observes President Obama's unwillingness to accommodate America's four-century long religious conscience protection through his attempts to require Catholics to go against their own doctrines and beliefs, one is tempted to say that he is anti-Catholic. But that characterization would not be correct. Although he has recently singled out Catholics, he has equally targeted traditional Protestant beliefs over the past four years. So since he has attacked Catholics and Protestants, one is tempted to say that he is anti-Christian. But that, too, would be inaccurate. He has been equally disrespectful in his appalling treatment of religious Jews in general and Israel in particular. So perhaps the most accurate description of his antipathy toward Catholics, Protestants, religious Jews, and the Jewish nation would be to characterize him as anti-Biblical. And then when his hostility toward Biblical people of faith is contrasted with his preferential treatment of Muslims and Muslim nations, it further strengthens the accuracy of the anti-Biblical descriptor. In fact, there have been numerous clearly documented times when his pro-Islam positions have been the cause of his anti-Biblical actions. Listed below i

"http://www.pjtv.com/s/GEZDSMRS" The only video anyone needs to watch concerning the George Zimmerman - Trayvon Martin Circus. Awesome presentation by Bill Whittle sets straight the facts, including photos and evidence from the scene of the fight. Incredibly, the Obama - Holder "race hustling poverty pimp" show is trying to blame white-on-black racial violence and the "Stand your ground" laws as the problem. Funny but George Zimmerman is about as "white" as Obama is. If Obama, whose mother was white, attacked a black man, would that be considered "white-on-black"? How is it any different with Zimmerman, whose father is white, and mother Latino? And the "Stand your ground" law was never a factor in this case. Zimmerman's defense was 100% based on basic self defense. Nor did the prosecution bring up "Stand your ground" or otherwise reference the law. So how is that an issue with race hustling poverty pimps? Well, the pimps out to destroy the Second Amendment rights of 310 million Americans. In spite of the fact that guns are the weapon of choice that millions of black families, living in the urban lawlessness of socialist American cities, use to defend themselves and their families. Wherever the gun control nazis succeed, the black-on-black crime rates soar. Bill Whittle continues to be my favorite commentator.

Wow!  Blockbuster stuff.... excerpt: Barack Obama is proving to be one of the worst presidents in all of U.S. history.  Perhaps when it is all said and done he will be recognized as the absolute worst.  Not that George W. Bush was much different.  In fact, the Republican Party will not regain much credibility with the American people until it admits that George W. Bush was an absolutely horrible president.  Sadly, the truth is that we have not had a decent president in decades.  This statement is going to upset almost everyone that is still trapped inside the false left/right political paradigm in this country, but I am not here to pander to the political establishment. Barack Obama is a horrific president. So was George W. Bush. That is the truth. Not that it is our presidents that actually run our economy.  As far as the economy is concerned, the U.S. Congress deserves as much (or more) of the blame as the executive branch does. However, if you really want to point fingers at someone, then you should place the most blame on the Federal Reserve. As I have written about previously, the Federal Reserve has more power over our economy that any other single institution.... So exactly what is the Federal Reserve?  Most people would say that it is an agency of the federal government.  But that is absolutely not true.  In fact, the Federal Reserve itself has argued in court that it is not an agency of the federal government.  Rather, the Federal Reserve is a privately-owned banking cartel that has been given a perpetual monopoly over our monetary system by the U.S. Congress.  This privately-owned central bank has been destroying the value of the U.S. dollar for decades, it has run our economy into the ground and it has driven the U.S. government to the brink of bankruptcy.  The Federal Reserve operates in great secrecy, it has never been subjected to a comprehensive audit and it is not accountable to the American people.  Yet the decisions that the Federal

IF OBAMA IS REELECTED THE ONLY FREE SPEECH THAT WILL BE ALLOWED WILL BE THAT WHICH SUPPORTS SOCIALISM.

Joe, it is a giant anti-intellectual leap to project that from a recommendation of an advisory commission that Obama would in fact reimpose the fairness doctrine. The FCC is a commission independent of presidential control. The article errs by referring to the 1980 FCC as "President Ronald Reagan's" FCC. Neither Reagan nor Obama can influence what the FCC does other than through the process of filling vacancies on the FCC. The FCC is an arm of Congress, not the Executive Branch. Moreover, there are strong reasons to suspect that Obama would not order such a step even if he could. He was a professor of constitutional law and surely realizes that such a step would provoke outrage and lawsuits from the right, the center, and the left. While ignorance about global warming is rampant, stifling dissent could never overcome that. There is no scientific question that we are going through a period of global warming. Glaciers and the polar ice caps are melting, beyond any doubt. As to causes, it should be taken into account that *all* of the prominent global warming skeptics are funded by fossil fuel companies that will take an economic hit if America decides to drastically reduce its CO-2 emissions and that very few of them have scientific credentials. http://en.wikipedia.org/wiki/Global_warming_controversy#Funding_for_partisans They are lobbyists and propagandists. Outside the U.S., there is very little controversy over global warming and its causes. Short story: I'd advise some research into whether you have been played as a victim of baseless fossil fuel company propaganda.

"Top 50 (President) Obama Failures and Flip-Flops-Updated July 18, 2012" This is an impressive, if not exhaustive list of broken promises and outright lies that Obama has made to get elected.  Great for reference and for sure my next pocket printout project.

This typically pompous Wall Street Journal editorial gets part of it right but ignores several elephants in the room. -- No way this goes down without Russia having agreed to it. Russia's only foreign military base is a naval port in Syria. Russia has deployed anti-aircraft missile batteries in Syria. Russia has supplied the Syrian government with state-of-the-art antiaircraft shoulder-held missiles. Several months ago, the Russians moved a fleet of warships into the Mediterranean for the first time, to protect Syria from foreign attack, including at least one submarine equipped with anti-ship missiles.  The U.S. and Russia have been engaged in building up their forces positioned around for over a year, in an escalating fashion. Russia has a huge economic incentive to keep Assad in power because he is blocking the natural gas pipeline that western interests want to run through Syria Russia has also built up its forces within Syria, a pipeline that would break Russia's near-monopoly on supplying natural gas to the European Union. A direct military intervention in Syria doesn't go down without Russia's approval, notwithstanding what their later statements might be. Obama is an accomplished liar but he's politically timid. Touching off World War III is not on his agenda. 2. Iran also has to acquiesce in advance. Syria and Iran have a mutual defense treaty, the first announced in 2005, a later treaty announced in 2008. http://tinyurl.com/oez2dq7 (.) Thousands of crack Iranian Revolutionary Guards troops are already stationed in Syria. As the only other Shia-majority state in the region, Syria is critical to Iran's own defense. Iran has the ability to close the Straits of Hormuz, thereby toppling the western world economy as petroleum supplies suddenly dry up. The U.S. Navy lacks the ability to quickly clear the Straits of mines, as was proved in embarrassingly bad tests the U.S. Navy did last year. Iran is not a world power but its military might is nothing to sneez

It's becoming more and more clear that the Obama Administration has no realistic plan for military operations in Syria. The only force there with a demonstrated ability to combat ISIL is the government of Syria and Obama will not partner with them because of that government's close ties with Iran Russia and because it is the end point of the planned Iran-Iraq-Syria pipeline.  

From June 2014, an important one I forgot to bookmark before.