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Go to 12888
http://www.marketwatch.com/news/story/derivatives-new-ticking-time-bomb/story.aspx?guid=%7bB9E54A5D-4796-4D0D-AC9E-D9124B59D436%7d&print=true&dist=printTop
Derivatives the new 'ticking bomb'
Buffett and Gross warn: $516 trillion bubble is a disaster waiting to happen
By Paul B. Farrell, MarketWatch
Last update: 7:31 p.m. EDT March 10, 2008
ARROYO GRANDE, Calif. (MarketWatch) -- "Charlie and I believe Berkshire should be a fortress of financial strength" wrote Warren Buffett. That was five years before the subprime-credit meltdown.
"We try to be alert to any sort of mega-catastrophe risk, and that posture may make us unduly appreciative about the burgeoning quantities of long-term derivatives contracts and the massive amount of uncollateralized receivables that are growing alongside. In our view, however, derivatives are financial weapons of mass destruction, carrying dangers that, while now latent, are potentially lethal."


That warning was in Buffett's 2002 letter to Berkshire shareholders. He saw a future that many others chose to ignore. The Iraq war build-up was at a fever-pitch. The imagery of WMDs and a mushroom cloud fresh in his mind.
Also fresh on Buffett's mind: His acquisition of General Re four years earlier, about the time the Long-Term Capital Management hedge fund almost killed the global monetary system. How? This is crucial: LTCM nearly killed the system with a relatively small $5 billion trading loss. Peanuts compared with the hundreds of billions of dollars of subprime-credit write-offs now making Wall Street's big shots look like amateurs.
Buffett tried to sell off Gen Re's derivatives group. No buyers. Unwinding it was costly, but led to his warning that derivatives are a "financial weapon of mass destruction." That was 2002.
Derivatives bubble explodes five times bigger in five years
Wall Street didn't listen to Buffett. Derivatives grew into a massive bubble, from about $100 trillion to $516 trillion by 2007. The new derivatives bubble was fueled by five key economic and political trends:
Sarbanes-Oxley increased corporate disclosures and government oversight
Federal Reserve's cheap money policies created the subprime-housing boom
War budgets burdened the U.S. Treasury and future entitlements programs
Trade deficits with China and others destroyed the value of the U.S. dollar
Oil and commodity rich nations demanding equity payments rather than debt
In short, despite Buffett's clear warnings, a massive new derivatives bubble is driving the domestic and global economies, a bubble that continues growing today parallel with the subprime-credit meltdown triggering a bear-recession.
Data on the five-fold growth of derivatives to $516 trillion in five years comes from the most recent survey by the Bank of International Settlements, the world's clearinghouse for central banks in Basel, Switzerland. The BIS is like the cashier's window at a racetrack or casino, where you'd place a bet or cash in chips, except on a massive scale: BIS is where the U.S. settles trade imbalances with Saudi Arabia for all that oil we guzzle and gives China IOUs for the tainted drugs and lead-based toys we buy.
To grasp how significant this five-fold bubble increase is, let's put that $516 trillion in the context of some other domestic and international monetary data:
U.S. annual gross domestic product is about $15 trillion
U.S. money supply is also about $15 trillion
Current proposed U.S. federal budget is $3 trillion
U.S. government's maximum legal debt is $9 trillion
U.S. mutual fund companies manage about $12 trillion
World's GDPs for all nations is approximately $50 trillion
Unfunded Social Security and Medicare benefits $50 trillion to $65 trillion
Total value of the world's real estate is estimated at about $75 trillion
Total value of world's stock and bond markets is more than $100 trillion
BIS valuation of world's derivatives back in 2002 was about $100 trillion
BIS 2007 valuation of the world's derivatives is now a whopping $516 trillion
Moreover, the folks at BIS tell me their estimate of $516 trillion only includes "transactions in which a major private dealer (bank) is involved on at least one side of the transaction," but doesn't include private deals between two "non-reporting entities." They did, however, add that their reporting central banks estimate that the coverage of the survey is around 95% on average.
Also, keep in mind that while the $516 trillion "notional" value (maximum in case of a meltdown) of the deals is a good measure of the market's size, the 2007 BIS study notes that the $11 trillion "gross market values provides a more accurate measure of the scale of financial risk transfer taking place in derivatives markets."
Bubbles, domino effects and the 'bad 2%'
However, while that may be true as far as the parties to an individual deal, there are broader risks to the world's economies. Remember back in 1998 when LTCM's little $5 billion loss nearly brought down the world's banking system. That "domino effect" is now repeating many times over, straining the world's monetary, economic and political system as the subprime housing mess metastasizes, taking the U.S. stock market and the world economy down with it.
This cascading "domino effect" was brilliantly described in "The $300 Trillion Time Bomb: If Buffett can't figure out derivatives, can anybody?" published early last year in Portfolio magazine, a couple months before the subprime meltdown. Columnist Jesse Eisinger's $300 trillion figure came from an earlier study of the derivatives market as it was growing from $100 trillion to $516 trillion over five years. Eisinger concluded:
"There's nothing intrinsically scary about derivatives, except when the bad 2% blow up." Unfortunately, that "bad 2%" did blow up a few months afterwards, even as Bernanke and Paulson were assuring America that the subprime mess was "contained."
Bottom line: Little things leverage a heck of a big wallop. It only takes a little spark from a "bad 2% deal" to ignite this $516 trillion weapon of mass destruction. Think of this entire unregulated derivatives market like an unsecured, unpredictable nuclear bomb in a Pakistan stockpile. It's only a matter of time.
World's newest and biggest 'black market'
The fact is, derivatives have become the world's biggest "black market," exceeding the illicit traffic in stuff like arms, drugs, alcohol, gambling, cigarettes, stolen art and pirated movies. Why? Because like all black markets, derivatives are a perfect way of getting rich while avoiding taxes and government regulations. And in today's slowdown, plus a volatile global market, Wall Street knows derivatives remain a lucrative business.
Recently Pimco's bond fund king Bill Gross said "What we are witnessing is essentially the breakdown of our modern-day banking system, a complex of leveraged lending so hard to understand that Federal Reserve Chairman Ben Bernanke required a face-to-face refresher course from hedge fund managers in mid-August." In short, not only Warren Buffett, but Bond King Bill Gross, our Fed Chairman Ben Bernanke, the Treasury Secretary Henry Paulson and the rest of America's leaders can't "figure out" the world's $516 trillion derivatives.
Why? Gross says we are creating a new "shadow banking system." Derivatives are now not just risk management tools. As Gross and others see it, the real problem is that derivatives are now a new way of creating money outside the normal central bank liquidity rules. How? Because they're private contracts between two companies or institutions.
BIS is primarily a records-keeper, a toothless tiger that merely collects data giving a legitimacy and false sense of security to this chaotic "shadow banking system" that has become the world's biggest "black market."
That's crucial, folks. Why? Because central banks require reserves like stock brokers require margins, something backing up the transaction. Derivatives don't. They're not "real money." They're paper promises closer to "Monopoly" money than real U.S. dollars.
And it takes place outside normal business channels, out there in the "free market." That's the wonderful world of derivatives, and it's creating a massive bubble that could soon implode.
Comments? Yes, we want to hear your thoughts. Tell us what you think about derivatives: as "financial weapons of mass destruction;" as a "shadow banking system;" as a "black market;" as the next big bubble dangerously exposing us to that unpredictable "bad 2%."



Go to 12887
http://www.sundayherald.com/news/heraldnews/display.var.2104849.0.2008_the_year_of_global_food_crisis.php
2008: The year of global food crisis

Special report
By Kate Smith and Rob Edwards
IT IS the new face of hunger. A perfect storm of food scarcity, global warming, rocketing oil prices and the world population explosion is plunging humanity into the biggest crisis of the 21st century by pushing up food prices and spreading hunger and poverty from rural areas into cities.

* Report: Food Outlook

Millions more of the world's most vulnerable people are facing starvation as food shortages loom and crop prices spiral ever upwards.

And for the first time in history, say experts, the impact is spreading from the developing to the developed world.

More than 73 million people in 78 countries that depend on food handouts from the United Nations World Food Programme (WFP) are facing reduced rations this year. The increasing scarcity of food is the biggest crisis looming for the world'', according to WFP officials.

At the same time, the UN Food and Agriculture Organisation has warned that rising prices have triggered a food crisis in 36 countries, all of which will need extra help. The threat of malnutrition is the world's forgotten problem'', says the World Bank as it demands urgent action.

The bank points out that global food prices have risen by 75% since 2000, while wheat prices have increased by 200%. The cost of other staples such as rice and soya bean have also hit record highs, while corn is at its most expensive in 12 years.

The increasing cost of grains is also pushing up the price of meat, poultry, eggs and dairy products. And there is every likelihood prices will continue their relentless rise, according to expert predictions by the UN and developed countries.

High prices have already prompted a string of food protests around the world, with tortilla riots in Mexico, disputes over food rationing in West Bengal and protests over grain prices in Senegal, Mauritania and other parts of Africa. In Yemen, children have marched to highlight their hunger, while in London last week hundreds of pig farmers protested outside Downing Street.

If prices keep rising, more and more people around the globe will be unable to afford the food they need to stay alive, and without help they will become desperate. More food riots will flare up, governments will totter and millions could die.

Food scarcity means a big increase in the number of people going hungry,'' says the WFP's Greg Barrow. Without doubt, we are passing through a difficult period for the world's hungry poor.'' The WFP estimates it needs an additional $500 million to keep feeding the 73 million people in Africa, Asia and central America who require its help. We need extra money by the middle of 2008 so we don't have to reduce rations,'' says Barrow.

He also points out that age-old patterns of famine are changing. "We are feeding communities of people we didn't expect to feed," he explains.

As well as being rural, the profile of the new hungry poor is also urban, which is new. There is food available in the markets and shops - it's just that these people can't afford to buy it. This is the new face of hunger.'' The food shortages will also affect western industrialised nations such as Scotland, Barrow says. Scarcity means that some foods will get very expensive, or disappear from supermarkets altogether, meaning a move to seasonal, indigenous vegetables.'' Of the 36 countries named last month as currently facing a food crisis, 21 are in Africa. Lesotho and Swaziland have been afflicted by droughts, Sierra Leone lacks widespread access to food markets because of low incomes and high prices, and Ghana, Kenya and Chad among others are enduring "severe localised food insecurity".

In India last year, more than 25,000 farmers took their own lives, driven to despair by grain shortages and farming debts. "The spectre of food grain imports stares India in the face as agricultural growth plunges to an all-time low," warns India Today magazine.

The World Bank predicts global demand for food will double by 2030. This is partly because the world's population is expected to grow by three billion by 2050, but that is only one of many interlocking causes.

The rise in global temperatures caused by pollution is also beginning to disrupt food production in many countries. According to the UN, an area of fertile soil the size of Ukraine is lost every year because of drought, deforestation and climate instability.

Last year Australia experienced its worst drought for over a century, and saw its wheat crop shrink by 60%. China's grain harvest has also fallen by 10% over the past seven years.

The UN Intergovernmental Panel on Climate Change has predicted that, over the next 100 years, a one-metre rise in sea levels would flood almost a third of the world's crop-growing land.

A recent analysis by the Conservative Party leader, David Cameron, also pinned blame for the global food crunch'' on the accelerating demand for allegedly green biofuels and the world's growing appetite for meat.

Meat is a very inefficient way of utilising land to produce food, delivering far fewer calories, acre for acre, than grain. But the amount of meat eaten by the average Chinese consumer has increased from 20 kilograms a year in 1985 to over 50 kilograms today. The demand for meat from across all developing countries has doubled since 1980.

The world's grain stocks are at their lowest for 30 years, Cameron warns. "Some analysts are beginning to make some very worrying, very stark predictions. And these analysts say politicians should start to rank the issue of food security alongside energy security and even national security."

Another key driver is the soaring cost of oil, which last week topped $105 a barrel for the first time. As well as increasing transport costs, oil makes crop fertilisers more expensive.

According to the World Bank, fertiliser prices have risen 150% in the past five years. This has had a major impact on food prices, as the cost of fertiliser contributes over a quarter of the overall cost of grain production in the US, which is responsible for 40% of world grain exports.

Tackling hunger has become a "forgotten" UN millennium development goal, says the bank's president, Robert Zoellick.

But increased food prices and their threat - not only to people but also to political stability - have made it a matter of urgency," he says.

Scottish farmers warn that food security is becoming an issue for the first time since the second world war. This is a perfect storm and the effects are being felt right now," says James Withers, the acting chief executive of the National Farmers' Union in Scotland.

"At the same time as demand for food increases, the amount of land we have available to grow food on is reducing," he adds. "An area twice the size of Scotland's entire agricultural area has been swallowed up by Chinese towns and cities in the last 10 years.'' John Scott, a Scottish Conservative MSP who farms in Ayrshire, goes further. "It's almost biblical," he says. "With all the wine lakes and butter mountains, we've had our 20 years of plenty since 1986.'' The prospect of global food shortages is now Malthusian, he suggests. One response from the UK and Scotland should be to grow more of our own food, and to try to reverse the decline in self-sufficiency from 75% in 1986 to 60% now.

It is possible for the UK, and the world, to feed itself, argues Robin Maynard from the Soil Association, but it will require big changes. He invokes the wartime spirit that saw gardens turned into allotments, and 50 mixed farms feeding Britain.

This is a wake-up call,'' he says. The choices we make now will determine whether we can feed ourselves in the future. If we get it right we can have a thriving food economy.'' Richard Lochhead, the Scottish government's environment secretary, has launched a public discussion to develop Scotland's first food policy. "I am conscious our generation has not experienced food shortages, but we should never take food for granted," he says.

"That is why the Scottish government will never allow food security to fall off the national agenda. We recognise the vital role of our primary producers in ensuring the long-term capacity and capability of our food supply."

Why are we growing food to feed cars instead of people?
The global drive for a new green fuel to power cars, lorries and planes is worsening world food shortages and threatening to make billions go hungry. Biofuels, enthusiastically backed by the US, UK and other European governments, have been sold as the solution to global warming. Making fuels from growing crops has been marketed as the way to cut climate pollution while continuing to drive.

But now experts are warning that this could all be a disastrous mistake. Converting large amounts of land to crops for biofuels is reducing food production just when the world needs to increase it.

Last year a quarter of the US maize crop was turned into ethanol to fuel vehicles - and the US supplies more than 60% of the world's maize exports. According to the World Bank, this is putting pressure on countries' precarious food supplies.

"The biofuels surge makes things worse by adding high demand on top of already high prices and low stocks," said one of the bank's leading economists, Don Mitchell. "Ethanol and biodiesel produced in the US and European Union don't appear to be delivering on green promises either, making them very controversial."

There are plans by more than 20 countries to boost production of biofuels over the next decade. The US is talking about trebling maize production for ethanol, while the European Union is aiming to make biofuels 10% of all transport fuels by 2020.

The dash for biofuels came under fire last week from the UK government's newly appointed chief scientific adviser, Professor John Beddington. In a speech in London on Thursday, he said that world food prices had already suffered a "major shock" as a result.

Biofuels were often unsustainable, he argued. "It's very hard to imagine how we can see the world growing enough crops to produce renewable energy and at the same time meet the enormous demand for food."

Some of the proposed biofuels schemes were "hopeless", warned Beddington, formerly professor of applied population biology at Imperial College, London. "The idea that you cut down rainforest to actually grow biofuels seems profoundly stupid."

The Conservative Party leader, David Cameron, has also weighed into the attack on biofuels. "They are not a panacea," he told the National Farmers' Union last month. "Unless they are truly sustainable, they may well harm the environment more than protect it."

Like environmentalists and organic food experts, Cameron latched on to one of the most telling statistics highlighting the competition between food and fuel. "You could feed a person for a whole year from the grain that produces just one tank of fuel for a sports utility vehicle (SUV)," he said.

The same figure was used by Robin Maynard, from the Soil Association, which certifies organic food. "The US currently grows one-sixth of its grain harvest for cars, which is madness," he told the Sunday Herald.

"It is perfectly possible for the world to feed itself, but it depends on how we are growing food. If we continue to grow crops to feed cars rather than people, we're in trouble."



Go to 12886
http://z3.invisionfree.com/CIT/index.php?showtopic=104
The Pentagon Attack: The True Flight Path Proves A Military Deception

By: Craig Ranke
Citizen Investigation Team
February 17th, 2008
www.ThePentaCon.com

Citizen Investigation Team has made it our mission to pursue new independently obtained hard evidence proving the 9/11 deception while focusing on the Pentagon attack. We have spoken directly with dozens of witnesses, first responders, and victims. We have surveyed the topography and local landscape. We have conducted an extensive analysis of all previously published witness accounts by plotting their positions and analyzing their actual points of view. We have sought out previously unknown witnesses by canvassing the area and we have heavily scrutinized all official reports.

Our primary focus has been to determine the true flight path of the plane as reported by eyewitnesses in comparison with the official data and reports. The results have been devastating as we can now prove on multiple fronts how the actual flight path does not match with the physical damage or any of the officially released data.

We strongly believe that the missile claims were first introduced by the suspect to deliberately deflect our attention from the true flight path of the plane by distracting us from the fact that there was a plane at all. This in turn made people who question 9/11 seem crazy to all of the genuine witnesses who were in the area and saw the plane headed fast towards the Pentagon timed perfectly with a big explosion.

Those who are familiar with our February 2007 release "The PentaCon Smoking Gun Version" know that we have demonstrated how the plane that was believed to have hit the building actually flew on the north side of the former CITGO gas station right in front of the Pentagon. This is evident because all of the known witnesses who were on the property at the time unanimously and independently agree that this is where the plane flew. We present first hand testimony from 4 witnesses; Pentagon police Sergeants William Lagasse and Chadwick Brooks, employee at the gas station Robert Turcios, and an auto mechanic who was up the street on Columbia Pike Edward Paik.

This single claim proves a military deception as it is agreed by the organization Pilots for 9/11 Truth and all experts that it is physically impossible for a plane on the north side of the gas station to have toppled the light poles or damage the building as reported by the American Society of Civil Engineers.

(ASCE report page 39)

The unanimous first hand eyewitness testimony we present was filmed on location and is not directly refuted by any of the previously published accounts. In addition to the 4 witnesses presented in the documentary, the north side claim has since been further corroborated by two additional witnesses, Pentagon courier Levi Stephens who was in the Pentagon south parking lot and air traffic controller Sean Boger who was in the Pentagon heliport tower right next to the alleged impact point.

The level of independent corroboration is so high that the notion all of these people could be so drastically mistaken about such a simple right or left detail in the exact same way is not a viable consideration.

Nevertheless, Citizen Investigation Team has not stopped with the north side evidence. Establishing where the plane flew in the final moment before the physical damage begins with the light poles was critical but we have now also established how the plane originated from east of the Potomac River and flew over the skies of Washington DC.

This fact is 100% irreconcilable with the data released in 2006 by the National Transportation Safety Board or NTSB that allegedly came from Flight 77's black box allegedly recovered from the Pentagon and also the alleged radar data released in 2007 by the 84th Radar Evaluation Squadron or 84 RADES.

The official data never has the plane over Washington DC at all.

NTSB reported flight path:



Latitude and longitude coordinates from the 84 RADES data:

We have supporting evidence of the east of the Pentagon/Potomac River claim from Colin Scoggins and Kevin Nasypany on the NORAD tapes, quotes from the C-130 pilot Steve O'Brien and transportation secretary Norman Mineta, as well as an exclusive on location interview with previously unknown witness Steve Chaconas, a charter boat captain who was on the Potomac River bass fishing with clients on 9/11.

All of this data is irreconcilable with the official story and further proves a deception on 9/11.

This information is revealed in our brand new full length presentation, "The Pentagon Flyover: How They Pulled It Off".

We expose how the decoy jet that flew over the skies of Washington DC and crossed over from the east side of the Potomac River to Arlington before looping around to the north side of the former CITGO station timed perfectly with the explosion at the Pentagon was disguised with a 2nd plane cover story involving the C-130 that was seen over the Pentagon soon after the event and the white E4B or "Doomsday plane" that was reported flying over the White House.

We present an exclusive interview with alleged witnesses Keith Wheelhouse who claims he saw a C-130 "shadow" the American Airlines jet as it plunged into the Pentagon but veer away at the last moment. This serves the purpose of the 2nd plane cover story perfectly but is in stark contrast to statements from the C-130 pilot who claims he was too far away from the Pentagon to be able to tell this is where the explosion he saw came from.

Overall it's clear that the evidence proves beyond a reasonable doubt a military deception on 9/11. Attention to what really happened at the Pentagon particularly in regards to the true flight path of the plane is paramount to exposing this world wide psychological black operation that has been used as the pretext for permanent global war.



Go to 12885
http://www.rense.com/general53/over55.htm
Overthrow Of The
Ameriican Republic - Part 55
Wars & Terror - Knowing In Advance?
By Sherman H. Skolnick
5-17-4

Some divide up the power of the world in two ways. One, is large standing armies. Or, secondly, great archives of some other nation, or tribe, or geopolitical force's profound secrets.

One is generally visible and known. The other, mostly not.

Which, in the final analysis, is the most powerful?

In the 1920s, U.S. General Billy Mitchell was put on Court Martial. Why? He angered the old-time other Generals and Admirals. He said future wars will be fought and won with air power, not navies. He showed one airplane can bomb to bits a mighty battleship. About 1923, he predicted that someday the U.S. territory of Hawaii, at Pearl Harbor, where the U.S. fleet is kept, will be attacked by airplanes. Entrenched, encrusted uniforms did not listen. He was punished.

[Movie, "The Court Martial of Billy Mitchell". Also, book coming out, 2004, "A Question of Loyalty: Gen. Billy Mitchell and the Court Martial That Gripped The Nation", by Douglas C. Waller. Various search engines show the documented books of the prior knowledge of the White House, to the attack on Pearl Harbor, December 7, 1941. Many years later, a populist newspaper, "Spotlight", printed the front page of a newspaper in Hawaii, with the headline, published ONE WEEK BEFORE PEARL HARBOR, that an attack by Japan was expected.]

The Truman White House suppressed data showing that the U.S. defense of South Korea, 1950-1953, was treasonously compromised, in that the U.S. was supposedly part of a U.N. force that included the Soviet Union. AND, that the Moscow government knew our military defense plans AHEAD OF TIME. Tens of thousands of ordinary Americans were slaughtered to no avail.

Great bloodhshed of U.S. soldiers would have been avoided if those who knew the whispered secrets were overheard.

The Johnson White House well knew that the origin of the U.S. involvement in Viet Nam, through the Gulf of Tonkin incident, was obtained through a bloody treason.

Did a more common American overhear or find out, that the Aristocracy had a plan to scrap the U.S. Constitution, and particularly its Bill of Rights, September 11, 2001? That the plan was by the crazies in the U.S. Military, in Norad, in the White House, and elsewhere? The treason was like the aborted plan, "Northwoods Project", of 1962, The Joint Chiefs of Staff wanted to instigate an attack on Cuba? How? To blow up U.S. buildings, U.S. airplanes with American pasengers onboard, and similar home-grown bloodshed, to be falsely blamed on Fidel Castro.

The book with the documents of 1962 , a blueprint for 9-11, was published right before 9-11. ["Body of Secrets" by James Bamford.] After 9-11, who, if anyone, connected up the dots?

How many years, if not decades, must pass, before ordinary Americans understand "Arab hi-jackers" did not attack the buildings in New York and the Pentagon? The Arabs were like Lee Harvey Oswald, on a parallel track, positioned and publicized to be falsely blamed.

The incidents of 9-11 were supervised by Daddy Bush, the former chieftain of America's secret political police, as the real supervisor of the occupant and resident of the White House, his son, installed by a Five-Judge, Fascist-inclined majority, like a Military-Style Junta on the U.S. Supreme Court. Among the motives for the dirty home-grown bloodshed was (1) to side-step an impending financial collapse of the U.S. by emergency proclamations by way of countering "terrorism" and (2) to completely divert if not suppress public attention of an expected late September, 2001 report, that the Electoral Vote controversy of Florida, was a monstrous voting fraud. Large media groups ordered and paid for a re-audit of the Florida ballots. When the report was finally sheepishly belatedly issued November, 2001, the press-fakers, with false patriotism, protected George W. Bush from scandal.

Some among the Aristocracy, "the powers that be", the Establishment, the Ruling Class---whatever you call THEM, were greatly angered on April 29, 2004. On that day was posted on various websites a Middle-Finger News item, head-lined The Terror Cartel, by Sherman H. Skolnick and Lenny Bloom, that there was an apparent plan to further control the U.S. by a home-grown plot, on the West Coast, to destroy Golden Gate Bridge.

Part of the apparent plot, to go into effect on Saturday, May Day, 2004, included the efforts of California Governor Arnold SchwarzenNAZI (we call him that, his elders having been in with Hitler in Austria). Arnold arranged to withdraw the National Guard patrolling the bridge. Arnold conveniently left the country to give a fako speech in Israel, attempting to white wash his family's Nazi links.

So, two independent-minded journalists, Skolnick and Bloom, uncovered what seems to have been a treasonous further plot to cancel the Bill of Rights, by way of falsely-blamed Arab terror to target Golden Gate, a worldwide known American icon. And all this, at a time of low approval ratings for George W. Bush, corruptly and fraudulently installed as the occupant and resident of the White House. The real duly elected President, Albert Gore, Jr., was simply not inaugurated.

[As to the fraud upon the High Court and corruption, installing George W. Bush into the Oval Office, visit my website story, "Coca-Cola, the CIA, and the Courts", parts 9 and 10.]

Hey, is there a medal to be given for saving Golden Gate Bridge? Ask the liars and whores of the press if they understand any of this.



Go to 12884
http://www.rense.com/general81/how.htm
How Jewish Supremacism
Is Destroying America
By Patrick Grimm
3-7-8

I have updated my listing of ways that the Jewish supremacists are wrecking America. This list provides a good introduction to those neophytes just immersing themselves in the world of the anti-Zionist and anti-Jewish supremacist movement, and shows them the countless ways Jewish extremism negatively affects our country. It's a quick and handy primer to enlighten and educate gentile people, preparing them for this noble struggle for survival they must choose to fight if they are truly desirous of having a future life upon this planet for their children and grandchildren.

All supremacism is unacceptable, however, supremacist Jewry is killing us; it is killing our soul, killing our spirit, killing our will, killing our pride and killing our nation. Its policies are killing our people. We must make this clear and present the ugly reality and the unpleasant truth in an easy-to-understand format. I believe this list is a good step in that direction.

----

1. They have destroyed our pride in our history, and a nation that loses its sense of history soon ceases to be a nation.

2. They have labeled our beloved Founding Fathers as "racists" and "white slavers", ignoring the great representative republic that these men constructed.

3. They have promoted multiculturalism, celebrating every culture-no matter how backward and barbaric-except for Western white European culture. As Jewish Marxist intellectual thug Susan Sontag stated in a poisonous rant "The white race is the cancer of humanity."

4. They have driven the Christian faith and heritage from the public square by utilizing their countless criminal cadres of ADL and ACLU Communist lawyers. Our children will soon grow up in a society wiped clean of any vestiges of the Bible, Christ or the cross. However, the menorah is still allowed in the White House for Hannukah celebrations. In fact, the Jewish religion is the only faith that can't be mocked openly in Hollywood entertainment.

5. They have torn our borders open, permitting, indeed cheering, the Third World dregs who will soon replace us as the majority. The Javitzes, the Lautenbergs and Cellers meticulously designed the legislation (Immigration and Nationality Act of 1965) that will genocide us. They have done all this while simultaneously-and with no sense of irony-supporting Israel's "Jews-only" immigration policy.

6. They have created, pushed and profited from pornography and perverse entertainment. The "Chosen" make up 90% of all American pornographers. The Hollywood they run has mainstreamed wife-swapping, common law marriages, pedophilia, scatology, licentious sex, drug and alcohol abuse and self-indulgence. Bestiality will be next on the list. In fact, they are already releasing a documentary portraying men who have sex with horses.

7. They have brought homosexuality out of the closet and into our faces. Sodomy is shown in their media and movies as normal, healthy, enjoyable and something to celebrate openly in as brazen a fashion as possible. They have founded, funded and fronted every homosexual advocacy group in America. To oppose the flaunting of buggery is now considered "old-fashioned" and "reactionary."

8. They have brainwashed our children. With their control of the institutes of "higher" learning, they have filled the minds of the young with Marxism, Deconstructionism, relativism, anti-white self- hatred and lies about "diversity" and non-judgmentalism. These sundry "isms" are the pernicious lies that have jettisoned the positive "isms" that once bloomed in our society: patriotism, altruism, individualism, nationalism, etc. Jewish academics like Noel Ignatiev now fearlessly call for the "death of whiteness" with nary a squeak of protest.

9. They have subverted our government. With Zionist control of media, both print and television, the two major political parties and the highest echelons of government, our foreign and domestic policy has been steered away from the interests of the European-American majority, rendering us incapable of self-preservation. The war in Iraq, the 9/11 attacks and a possible clash with Iran in the near future, are all results of the Zionist subjugation of the most powerful nation on earth, and the prioritizing of Israel's concerns over those of the United States. Our taxpayers now fork over nearly six billion dollars a year in money and weaponry to this rogue state, with little to show for it except the hatred of the entire planet and the punishment of higher oil prices from the Arab world.

10. They have force-fed the propaganda of radical feminism to American women and girls. Thanks to the steady diet of anti-male, anti-marriage and anti-family books, lectures and college courses from the likes of the Steinems, the Friedans and the Abzugs, many women now see the prospect of marriage and child-rearing as an impediment to their liberation. This has resulted in a sharply decreased gentile birthrate.

11. They have made abortion into a sacrament. Planned Parenthood, the National Abortion Rights Action League (NARAL) and every other leftist pro-abortion promoter and provider in America is run from top to bottom by "the Chosen". Unlimited and unregulated abortion on demand is lauded and touted in the controlled media as a positive social good for the United States. Thirty-four years after Roe v. Wade and with over 40 million abortions under their belts, these same groups still cheer and applaud for more. And with most abortion rights organizations top-heavy with Jews and a large percentage of abortion doctors also being Jewish, they have definitely made a killing out of killing.

12. They have sold us the packaged and deliberate lies of egalitarianism. All races are equal in intelligence, morality, accomplishments and potential, except of course, for one. The Jewish "race", as their own leaders refer to their people, is declared by Jewish anthropologists to be "superior." The lies of Montagu, Gould and Franz Boas have infected and displaced true science. According to these charlatans, Jews are uniquely intelligent, uniquely moral and a group that stands above all other groups in its supremacy. They truly believe they have a God-given right to rule over us. To criticize their pernicious power is the most egregious societal taboo. It will result in the loss of reputation and livelihood and remove any individual-no matter how acclaimed they once were-from the realm of "respectable" society. "Our race (speaking of the Jews) is the Master Race. We are divine gods on this planet. We are as different from the inferior races as they are from insects. In fact, compared to our race, other races are beasts and animals, cattle at best. Other races are considered as human excrement. Our destiny is to rule over the inferior races. Our earthly kingdom will be ruled by our leader with a rod of iron. The masses will lick our feet and serve us as our slaves." - Menachem Begin. (Israeli Prime Minister, 1977-1983)

13. They have propelled forward and profited from the social experiment called "racial integration", a failed experiment that is killing European-Americans. With extremist Jews at the helm of the black civil rights movement, "headed" by their pawn, Martin Luther King, Jr., a charlatan plagiarizer and philandering minister whose speeches and writings were the product of his handler, Jewish Communist attorney Stanley Levinson, the rights of white Americans were steamrolled. This was done with the help of a pliant and gushing Jewish media bound and determined to decrease the power of Euro- Americans forever. These Jewish extremists founded the NAACP and headed it until the 1970s, not out of any benevolence toward blacks, but only to use them as a "proletariat" to finally seal Jewish hegemony over the institutions of the United States in the long run, thus guaranteeing the weakening and dumbing-down of white education and increased violence, rape and murder of the white majority. The 60% of violent crime committed in this country by "African-Americans" is then covered up or buried by the mainstream media, now firmly in Zionist hands. This, in essence, is an attempt to hide from the livid eyes of whites the abject failure and devastation of "integration."

14. They have seized our language and steered it to the purposes of propaganda, with a little help from the Zionist-controlled idiot box. A "racist" is now someone who is appalled by black crime and the brutalizing of white women and children by violent rape and murder. It is anyone who doesn't want white people to be wiped off the face of the earth forever. An "anti-Semite" is no longer someone who hates Jews, but someone the Talmudic Jews hate. Any soul who dares to mention aloud any aspect or plank of their sick and ghoulish anti- European death creed now leveled against us is likened to a Nazi goose-stepper sans the arm band and brown shirt. This would include a sizeable cross-section of the population who are now awakened and becoming hyper-aware of the reality of Jewish supremacist perfidy.

15. They have controlled our currency with the counterfeiting scheme that is the Federal Reserve, its umbilical cord of sustenance interfaced with the Jewish Rothschild banking cartel run from the financial nerve center of world Jewry located in London, England. Since 1913, and intermittently on and off again throughout US history, tribalist Jews have sunk their vampire fangs into the currency of our nation. This nexus of dominance, more than any other, must be broken, smashed, its reins handed back to the people and the government of our country, rather than a private corporation operated top to bottom by power-hungry greed-head Jewish extremist money-men and international bankers who are in all truth, globalists and internationalists, intent on robbing the American people of their livelihood and their birthright, just as our Founding Fathers warned us they would. Until we get this banking power off of our backs, we will never be free of Talmudic tyranny. We will instead be bankrupt and subservient to their evil power agenda.

And on and on it goes. Everything on this list can be easily verified. Jews, mostly Zionist in nature, have spearheaded every movement or cause that now threatens our destruction and brings us to the edge of extinction and annihilation. And now the leviathan of Zionism and Talmudic Judaism extends its tentacles into every facet of our country and indeed into almost every other nation and culture residing upon the earth. With its expansion comes the debauching and sundering of all peoples, all heritages and all traditions. What will we do to stop it? Will we fear and quake before the strawmen buzzwords of "anti-Semite" and "hater", or will we stand and battle for the survival of civilization? It is up to all of us, Christians of both the right and the left, moderate Muslims who eschew violence, anti-Zionist Jews of conscience and indeed people of no particular religious persuasion. We must rage against the dying of the light, but that is not enough. All of us must kick at the evil and the darkness of Zionism and Jewish supremacism until it bleeds daylight.



Go to 12883
http://www.rense.com/general81/ligun.htm
A Little Gun History Lesson
3-7-8

* In 1929, the Soviet Union established gun control. From 1929 to 1953, about 20 million dissidents, unable to defend themselves, were rounded up and exterminated. This doesn't include the 30 million 'Uncle Joe' starved to death in the Ukraine.


* In 1911, Turkey established gun control. From 1915 to 1917, 1.5 million Armenians, unable to defend themselves, were rounded up and exterminated.

* Germany established gun control in 1938 and from 1939 to 1945, leaving a populace unable to defend itself against the Gestapo and SS. Hundreds of thousands died as a result.


* China established gun control in 1935. From 1948 to 1952, 20 million political dissidents, unable to defend themselves, were rounded up and exterminated.

* Guatemala established gun control in 1964. From 1964 to 1981, 100,000 Mayan Indians, unable to defend themselves, were rounded up and exterminated.

* Uganda established gun control in 1970. From 1971 to 1979, 300,000 Christians, unable to defend themselves, were rounded up and exterminated. The total dead are said to be 2-3 million


* Cambodia established gun control in 1956. From 1975 to 1977, 1-2 million 'educated' people, unable to defend themselves, were rounded up and exterminated.

* Defenseless people rounded up and exterminated in the 20th Century because of gun control: 56 million at a bare minimum.

* Gun owners in Australia were forced by new law to surrender 640,381 personal firearms to be destroyed by their own government, a program costing Australia taxpayers more than $500 million dollars. The first year results:

Australia-wide, homicides went up 3.2 percent

Australia-wide, assaults went up 8.6 percent

Australia-wide, armed robberies went up 44 percent (yes, 44 percent)

In the state of Victoria alone, homicides with firearms are now up 300 percent. Note that while the law-abiding citizens turned them in, the criminals did not, and criminals still possess their guns.

It will never happen here? I bet the Aussies said that too.

While figures over the previous 25 years showed a steady DECREASE in armed robbery with firearms, that changed drastically upward in the first year after gun confiscation...since criminals now are guaranteed that their prey is unarmed.

There has also been a dramatic increase in break-ins and assaults of the ELDERLY. Australian politicians are at a loss to explain how public safety has decreased, after such monumental effort and expense was expended in successfully ridding Australian society of guns. The Australian experience and the other historical facts above prove it.

You won't see this data on the US evening news, or hear politicians disseminating this information.

Guns in the hands of honest citizens save lives and property and, yes, gun-control laws adversely affect only the law-abiding citizens.

Take note my fellow Americans, before it's too late.

The next time someone talks in favor of gun control, please remind him of this history lesson.

With Guns...........We Are "Citizens".
Without Them........We Are "Subjects".

During W.W.II the Japanese decided not to invade America because they knew most Americans were ARMED.

Note: Admiral Yamamoto who crafted the attack on Pearl Harbor had attended Harvard University 1919-1921 & was Naval Attaché to the U. S. 1925-28. Most of our Navy was destroyed at Pearl Harbor and our Army had been deprived of funding and was ill prepared to defend the country.

It was reported that when asked why Japan did not follow up the Pearl Harbor attack with an invasion of the U. S. Mainland, his reply was that he had lived in the U. S. and knew that almost all households had guns.


If you value your freedom, Please spread this anti-gun control message to all your friends.




Go to 12882
http://www.rense.com/general81/aassp.htm
Blaylock - What To Do If
You Have Used Aspartame
By Neurosurgeon Russell Blaylock, MD
3-8-8

The most important starting point of any detoxification program is to stop exposure to the toxin or toxins. This means avoiding even small amounts, since once sensitized to the toxin even minute amounts can produce full-blown toxicity. This is especially so with accumulative toxins, such as aspartame. It has been shown conclusively that the metabolic products of methanol breakdown, formaldehyde in particular, accumulates on the DNA and cellular proteins.


Once you have cleansed your diet of the toxin, removal of the toxin and its metabolic products from your system will begin. Central to this process is the body's detoxification system, which exist in all cells of the body, with the bulk of detoxification taking place in the liver. The detoxification system is divided into two components called phase I and phase II, which work in tandem. Toxins pass through phase I and then pass to phase II where they are further detoxified and made water-soluble for eventual disposal. It is now known that you can significantly enhance the body's ability to detoxify these substances through the judicious use of specific supplements. Of the two systems phase II is most important and most often impaired.

The following is a list of nutrients that enhance detoxification:

* Indole-3 carbinol-100 mg twice a day. This natural substance enhances phase II. It is extracted from cruciferous vegetables such as broccoli, Brussel's sprouts and cauliflower. It can be purchased as an extract.


* Taurine 500 mg a day- This is a sulfur-containing amino acid that is used by the liver for sulfonation reactions. It is to be taken between meals.


* Milk Thistle (silymarin) 175 mg. Take two twice a day. This extract has been shown to substantially enhance liver detoxification and is also a very powerful antioxidant for all cells.

* Curcumin- 500 mg three times a day with olive oil. This is an extract taken from turmeric. It is an extremely powerful antioxidant, enhances both phases I and II detoxification, is a radioprotectant, enhances bile flow, inhibits cancer growth, and is a very powerful anti-inflammatory. Also enhances DNA repair enzymes.

* Panthethine 250 mg Take one capsule 3X a day- This vitamin is the enzyme form of pantothenic acid. It plays a vital role in enhancing the aldehyde dehydrogenase enzyme. (For formaldehyde detoxification)


* Thiamine- 100 mg. Take three a day. (Vitamin B1) This vitamin plays a major role in protecting nerves as well as the brain. It is commonly depleted with pesticide exposure.

* Pyrodoxyl-5 phosphate 50 mg- Take one a day. This is the functional form of vitamin B6. People exposed to chemical toxins frequently have low levels of this vitamin. When vitamin B6 is deficient, taurine is also low. It plays a major role in protecting against glutamate and aspartate toxicity.

In addition to detoxification, other nutrients play a more direct role in protecting cells and in promoting their recovery from toxicity. These include:

* Magnesium- 750 to 1000 mg a day. (Magnesium citrate/malate) Magnesium plays a major role in cell protection, especially against excitotoxicty. In addition it protects against strokes and heart attacks.


* Selenium- 200 ug a day. This mineral also plays a role in protecting cells from toxins, especially mercury. It plays a major role in protecting against free radicals.


* N-acetyl L-cysteine (NAC)- 750 mg a day. This is a substance that in cells is converted to glutathione. Glutathione is your cell's major protection against free radicals produced by toxins such as aspartame.. In addition, NAC removes mercury. NAC also enhances detoxification.


* Multi-"B" vitamins- This should be a multivitamins that contains 25 to 50 mgs of each of the B vitamins. The multivitamin should not contain iron. Take one a day.


* Vitamin E (as mixed tocopherols) 400 IU twice a day. A powerful antioxidant, prevents heart attacks an stokes and the gamma-tocopherol is a powerful anti-inflammatory.


* Vitamin C (as magnesium ascorbate) 2000 mg twice to three times a day. Plays a major role in cell protection against oxygen stress, protects the nervous system and enhances tissue repair.


* CoQ10 100 mg twice a day. This is a major energy molecule and protects the brain against excitotoxicity.

* DHA 200 mg a day. This is a component of omega-3-fatty acids. It plays a vital role in membrane repair and repair of synapses.

In addition to avoiding aspartame you must avoid other toxins as well. This includes MSG, pesticides, herbicides, bug sprays, fluoride, mercury, cadmium, aluminum and the many other toxins found commonly in the environment. Many of these toxins act synergistically, that is, when combined they have toxic effects that exceed their additive effects.

In addition, you need regular, moderate exercise (never aerobic), avoid soy products, cheese, and vegetable oils. Do not smoke or use drugs. All of these things increase free radical damage and prevent tissue repair. You should eat a diet high in vegetables and with some fruits, no sugar (or honey), moderate complex carbohydrates and pure water free of contaminants, including fluoride. Do not use fluoride toothpaste, mouthwashes or receive fluoride treatments. If you follow these principles you will notice quick recovery from your toxic encounter. More serious toxic encounters may take several months for recovery.

Please refer to my web site at http://www.russellblaylockmd.com for more information on my books. Russell Blaylock, M.D. (Health & Nutrition Secrets To Save Your Life, Excitotoxins: The Taste That Kills, etc.) CD: The Truth About Aspartame, DVD, Nutrition and Behavior
__________________________________________________

Betty Martini, D.Hum, Founder
Mission Possible International
9270 River Club Parkway
Duluth, Georgia 30097
770 242-2599
Aspartame sites:
http://www.mpwhi.com
http://www.dorway.com
http://www.wnho.net
http://www.holisticmed.com/aspartame
Aspartame Information List, www.mpwhi.com



Go to 12881
http://www.mysanantonio.com/global-includes/printstory.jsp?path=/business/stories/MYSA030808.01D.Truckers.2d45047.html
Soaring price of diesel is idling more big rigs

Web Posted: 03/07/2008 08:39 PM CST

Vicki Vaughan
Express-News Business Writer

Two weeks ago, independent trucker Vic Godard decided to park his 18-wheeler — for good.
"Basically, I'm going broke," Godard said. "Fuel prices have pretty much run me out of business. I used to enjoy driving, but when a run pays a grand and you pay $700 for diesel, you've only made $300 on that run and one tire can cost $400.

"I lost more money last year than I ever did," he said.

Godard and fellow owner-operators have been slammed by diesel fuel prices that reached record highs in many parts of the country on Friday. In San Antonio, diesel fuel soared to a new high of $3.64 a gallon, up 44 percent in a year's time, according to AAA.

The picture is much the same in the rest of the nation, with diesel prices setting records in many cities. California's per-gallon average for diesel is closing in on $4 and prices in the upper Midwest are nearing $3.80 a gallon.

Diesel fuel historically has been less expensive than gasoline, but no more. Diesel prices are soaring for the same reasons the cost of gasoline is way up: the cost of crude oil — which traded above a record $106 a barrel Friday — and growing demand.

"Globally, especially in Europe, diesel is the transportation fuel of choice," said Ted Harper, an energy analyst with Frost Bank in Houston. In addition, diesel is a distillate, as is heating oil, which is in demand in wintertime. "In wintertime, distillates go up in price and diesel goes along with the rest," Harper said.


(Associated Press file photo)

Trucks like this might get 5.5 miles per gallon, and many truckers say they can't pay their bills anymore.

Pain at the pump

Oil prices jumped to a new record Friday, trading above $106 a barrel before settling at $105.15. Soaring crude oil is pushing the cost of diesel fuel and gasoline to record highs in Texas and much of the nation. Average price per gallon as of Friday afternoon:
•National, diesel: $3.71
•National, unleaded gasoline: $3.19
•Texas, unleaded gasoline: $3.11
•San Antonio, unleaded gasoline: $3.07
Sources: AAA, Oil Price Information Service, Associated Press

On the Web

•Owner-Operator Independent Drivers Association

Self-employed drivers say nobody is paying attention to their plight.

"Nobody's listening," said Godard, the independent trucker from Wisconsin who makes runs through Texas.

In a Jan. 30 letter to President Bush, the Owner-Operator Independent Drivers Association said small-business truckers (those with six or fewer rigs) have been "devastated" by rising fuel prices. The association is asking the Bush administration to take several measures to alleviate tight domestic fuel markets, including ceasing to divert oil to the Strategic Petroleum Reserve.

Every time the price of fuel jumped by 5 cents a gallon, a trucker's annual costs increased by about $1,000, the association wrote. The escalating price of diesel today "is an enormous burden on the small-business trucker whose average annual income is $37,000 to $40,000."

Godard said he was coping with record-high diesel prices while making an $1,800-a-month truck-and-trailer payment and a monthly insurance payment of almost $700.

"My girlfriend has had to get two jobs to help out," said Godard, 41. "I'm going to end up filing bankruptcy. I'm calling the finance company and telling them to pick up the truck."

Godard's friends are in the same fix, he said. "Some of them aren't coming home because repossession companies are looking for their trucks," he said.

Independent operator Michael Kordi, owner of MLK Transport in Rockwall, east of Dallas, said rising diesel prices "are really making it a challenge to make a profit and move forward." He is trying to raise his rates to keep up with fuel prices, but that's left him with less work.

"The competition is really fierce, especially in Texas," he said, because there are more trucks than loads to be hauled.

Broker Marie Martinez said she knows all about competition among independent haulers these days, saying some are agreeing to rock-bottom rates just to keep going. "Some are telling me they have enough money to make the next two payments on their truck, and after that they don't know," she said.

Martinez, who explained that her job is to find loads for truckers and truckers for loads, has been in the business 15 years, working out of her house near La Vernia.

"It has been a wonderful way to make a living," she said. But now she fears her career could end prematurely. She's tried to alert politicians and elected officials to the plight of truckers, without success.

"I've got four or five truckers a week who are saying they're just going to park their trucks. It's so depressing that some days you could just sit down and cry."

Martinez did cry, Godard said, when he called her recently and told her he was parking his truck.

Godard had named his one-rig company Samantha's Freight Lines after his 5-year-old daughter. "She was real proud of that," he said, "but there won't be trucks anymore with her name."

vvaughan@express-news.net

Online at: http://www.mysanantonio.com/business/stories/MYSA030808.01D.Truckers.2d45047.html



Go to 12880
http://www.nextenergynews.com/news1/next-energy-news2.13s.html
February 13, 08Massive Oil Deposit Could Increase US reserves by 10x
America is sitting on top of a super massive 200 billion barrel Oil Field that could potentially make America Energy Independent and until now has largely gone unnoticed. Thanks to new technology the Bakken Formation in North Dakota could boost America’s Oil reserves by an incredible 10 times, giving western economies the trump card against OPEC’s short squeeze on oil supply and making Iranian and Venezuelan threats of disrupted supply irrelevant.

In the next 30 days the USGS (U.S. Geological Survey) will release a new report giving an accurate resource assessment of the Bakken Oil Formation that covers North Dakota and portions of South Dakota and Montana. With new horizontal drilling technology it is believed that from 175 to 500 billion barrels of recoverable oil are held in this 200,000 square mile reserve that was initially discovered in 1951. The USGS did an initial study back in 1999 that estimated 400 billion recoverable barrels were present but with prices bottoming out at $10 a barrel back then the report was dismissed because of the higher cost of horizontal drilling techniques that would be needed, estimated at $20-$40 a barrel.

It was not until 2007, when EOG Resources of Texas started a frenzy when they drilled a single well in Parshal N.D. that is expected to yield 700,000 barrels of oil that real excitement and money started to flow in North Dakota. Marathon Oil is investing $1.5 billion and drilling 300 new wells in what is expected to be one of the greatest booms in Oil discovery since Oil was discovered in Saudi Arabia in 1938.

The US imported about 14 million barrels of Oil per day in 2007 , which means US consumers sent about $340 Billion Dollars over seas building palaces in Dubai and propping up unfriendly regimes around the World, if 200 billion barrels of oil at $90 a barrel are recovered in the high plains the added wealth to the US economy would be $18 Trillion Dollars which would go a long way in stabilizing the US trade deficit and could cut the cost of oil in half in the long run.



Go to 12879
http://www.news.com.au/couriermail/story/0%2C23739%2C23107613-5012321%2C00.html
Ethanol fuel is not so greenArticle
By Paul Syvret
January 25, 2008 11:00pm
ETHANOL is not the answer for Australia's future fuel needs.

It is not green, it is not economically viable, and any move to mandate its inclusion in fuel would have enormous repercussions for other sectors of Australian industry.
It is something of a relief, therefore, to read a just-released parliamentary research paper on the economic effects of an ethanol mandate.

The paper concludes that "no prima facie economic case for a mandate has been established".

In short, the findings of the report are as follows:

• Reduced oil imports are only one effect of an ethanol mandate on the trade account. Any diversion of feedstock (sugarcane, grains and the like) from exports, or increased imports of feedstock needed to meet the mandate would increase the trade deficit.

• A mandate is only one way of reducing reliance on imported oil. Importing ethanol, for example, would be less economically costly than a mandate, and would diversify geographic supply sources and the composition of fuel.

• The evidence suggests that the costs of creating jobs under an E10 mandate would be high. A mandate could also adversely affect other rural industries.

• The Biofuels Taskforce that the Howard government established concluded that greenhouse gas benefits alone would not warrant further assisting biofuels given the availability of much cheaper carbon reduction options.

• The additional demand for feedstock under a mandate might lead to competition for land from other uses (food, exports).

• A mandate could benefit the economy if domestic ethanol could compete with imports without government assistance.

Common sense at last.

In Mexico thousands of hectares of agave (used to produce tequila) are being torched as farmers rush to plant corn for use in (government) subsidised ethanol production to meet US demand for biofuels.

Corn has doubled in price in the past two years, while stockpiles have shrunk alarmingly.

As ABN Amro Morgans chief economist Michael Knox put it so well recently:

"Part of this increased (grain) consumption comes from turning corn into fodder for automobiles. This is the dumbest idea that politicians have produced this century."

And making ethanol is a hungry process. It requires some 200kg of corn to produce between 90 and 100 litres of ethanol, enough to fill the fuel tank of a typical four-wheel-drive vehicle. That same amount of corn could supply enough calories to feed a person for a year.

Then there is the energy equation.

With most existing biofuel processing technology, the production of one litre of ethanol consumes more energy than the ethanol itself will provide.

So in effect ethanol production is increasing our consumption of fossil fuels (such as the coal used in power stations) so we can burn what otherwise would have been used as food. You're just burning one fuel to create another.

And it is not just food for humans. A large part of Australia's grain production goes to feed livestock.

Diverting that livestock feed to burn in cars will push up the price of meat. Or increasing the amount of grain we produce to meet demand from the biofuels industry means land currently used for growing other crops will be turned over to produce feedstock for energy production.

The bottom line is simple economics.

If ethanol is as great as its proponents argue, then why can't the industry survive without government assistance (such as tariff relief), and an artificially distorted market in the form of a mandate that all fuel must contain a certain percentage of the stuff?



Go to 12878
http://theuglytruth.wordpress.com/2008/03/07/sauce-for-the-goose/
Sauce For The Goose
March 7, 2008
A ‘crazed Muslim fanatic’ entering the holy of holies–a ‘seminary’ (the Christians will better identify with that word than they will the word yeshiva) and kills 8 soon-to-be Rabbis whom the Jewish Talmud says are even smarter than God Himself…The world is brought to a standstill…The news media is on the scene and covering it as if nothing else where taking place anywhere…Scenes of wailing Jews, crying out to the God in heaven who loves them more than anyone else ‘My God, my God, why have you forsaken us?…’

Boy THAT sure was a lucky coincidence for Israel, huh? Right in the ‘knick of time,’ as they say…I mean, what could have been more timely and fortuitous, and particularly with what just took place last week? All that bad press that this ‘shitty little country’ (as one diplomat once described the Jewish state) was getting after it invaded Gaza and murdered over 100 people, to say nothing of the fact that before murdering them they tortured them for several months by preventing the most basic necessities such as food, fuel and medicine from entering the most densely populated area on the planet.

How on earth do they do it? Every time they need something to ‘pop up’ in order to take the heat off them or in some way facilitate some demand on their part, it arrives with great fanfare as if it were gift-wrapped from heaven and hand-delivered by an army of angels marching in perfect syncopation. They wanted US troops out of Lebanon in the early 1980’s, and ‘BATTA-BING!’–a crazed Muslim fanatic drives an explosives-laden truck into a Marine barracks and kills a few hundred. The UN is just about to declare Israel a racist state and, BATTA-BANG!–crazed Muslim fanatics fly airplanes into the Twin Towers. Now, Israel issues a decree saying she is going to bring a holocaust upon the Christians and Muslims of Gaza, goes in and kills over a hundred, a ‘BATTA-BOOM/BOOM/BOOM!’ a crazed Muslim fanatic enters Jerusalem and shoots up the place.

Well, what can be said, except that either they REALLY ARE God’s chosen people (as they are always telling us) or else they must have made a deal with the devil.

We’ll remain silent on that last one for now.

In the meantime, what words can we offer in commentary over this latest event, other than the usual? War is hell…You win some and you lose some…Another one bites the dust…that’s the way the ball bounces…Life in the big city…C’est la vie…

Too insensitive? I beg to differ. I am only repeating what the rest of us have heard these last 40 years IN EVERY SINGLE INSTANCE when Israel murders innocent civilians, whether in Palestine, Lebanon or elsewhere. And not just a handful (something that happens EVERYDAY) but sometimes TENS OF THOUSANDS. Time after time after time ‘the most moral army in the world’ (as they call themselves) drops a 1,000-lb bomb on an apartment complex, killing dozens and maiming hundreds for the duration of their lifetimes, and what do we get?

A shrug of the shoulders, an expression of disconcern mixed with a sense of mild aggravation as if a mosquito had just been swatted followed by a slight, smart-assed smirk on the collective Jewish face as if to say ‘Screw you, Gentiles, Israel does whatever the f*** she wants and don’t you open your f****** mouths about it.’

So spare me the outrage over what appears to be the blasé tone of my statements concerning the execution of the 8 soon-to-be Rebbe. I am only ‘following orders’ and ‘going with the flow’ as they say, and being a big believer in the notion of ‘equality for all with favoritism towards none,’ what I’m saying is that what’s sauce for the goose is sauce for the gander.

Besides, let’s put a few things in perspective here. Imagine for a moment that instead of a Yeshiva, it was a ‘Madrassa’, one of those EEEEEEVIL schools where Muslim children are indoctrinated through the study of the Koran to ‘wage jihad’ and become suicide bombers so that they can get their ‘72 virgins’. Let’s say that there were a few Imams in the school filling the heads of these young jihadists with all these EEEEEEVIL ideas of taking over the world, and instead of someone going in with a gun and carefully selecting his targets, Israel drops one of her made-to-order hellbombs on the place and kills everyone in the village, including women and children. Those not killed instantly suffer a long, tortuous death after the skin is burned off their bodies. Would there be any outrage? Would there be anything near the kind of coverage this event is getting? Again, the response and the mood surrounding the whole thing would be one of the aforementioned sentiments–War is hell…You win some and you lose some…Another one bites the dust…that’s the way the ball bounces…Life in the big city…C’est la vie…Going a step further, the entire murderous affair would be justified with ‘Hey, you want an omelet? You gotta break a few eggs…’

Proof for my hypothetical? Consider the cheering that took place when Saddam Hussein was hanged, the killing of his two sons, the killing of Abu Musab Al-Zarqawi, etc, etc, etc, not to mention the whole ‘shock and awe’ bombing campaign that resulted in tens of thousands of innocent Iraqi civilians being killed.

And just in case some would accuse me of equivocating between those ‘EEEEEEVIL’ Madrassas and the Yeshivas or between the ‘EEEEEEVIL’ Imams and the pure-as-the-wind-driven-snow/soon-to-be-Rabbis, I’ll say up front that I’m not equivocating at all. The fact is, the Rabbis are worse. FAR WORSE. There is no comparing a Rabbi to an Imam. Give me the worst Imam in the world and he wouldn’t hold a candle–or rather, a Qassam rocket–to any yeshiva-educated Rabbi. Whatever evidence can be brought forth concerning the ‘jihadist Muslims’ and their ‘book of hate’ called the Koran–whether this ‘evidence’ is real or concocted–it does not begin to compare with the evil that takes place in the Yeshivas.

After all, what is being taught and studied in these schools where the shooting took place? Love thy neighbor? Turn the other cheek? What you do unto the least of these, my brethren you do unto me? Blessed are the peacemakers?…

Perish the thought, gentile readers…If there were ever a place where hatred–pure, distilled, and undiluted–was taught, it is in the yeshivas. This is the reason why the Jewish media is referring to the locale as a ‘seminary’, for fear that if they use the word ‘yeshiva’ curious people might look up the word, find out it’s a place for studying the ‘Talmud’ and from there, look up the word ‘Talmud’ and find out about the hatred for non-Jews contained in it. The ‘cat would be out of the bag,’ as they say and suddenly upon seeing with their own eyes the hate that drips from every word on every page of the ultimate ‘book of hate,’ all the answers to all questions concerning why the Jews have been hated throughout history would suddenly snap into place with a click loud enough to be heard around the world instantaneously.

‘Seminary’ sounds so much better. A place where humble, charitable, God-fearing young men live in seclusion from a corrupt, violent world so they can study and commune with the Almighty and upon graduation, go forth and preach the Good news for the benefit of humanity.

Nothing could be further from the truth. The yeshiva is the well from which flows the poisonous waters of the Talmud, the source of all the unrest in the Middle East and now elsewhere. It is the place where Jewish men are taught the Jihadist mentality of Judaism which states the Jews are God’s chosen people, that Gentiles are beasts in human form created to serve the Jews and that anything may be done to the Gentiles, including murder, genocide, theft, rape of their women and children and much more. It is a factory that cranks out spiritual pimps and drug dealers who–upon graduation, go forth and perpetuate the trafficking in the highly addictive, soul-destroying narcotic known as Judaism that, like a radioactive element, brings death everywhere it goes. This being the case, it is easy to see therefore why some people–and particularly those who have suffered the 60-year long campaign of murder and oppression at the hands of God’s chosen people might see the Yeshivas as military targets in the same way as some might see the School of the Americas (where assassins for clandestine operations around the world are trained) as one also.

After all, consider just a smattering of what these Yeshivas have produced in recent years. Religious leaders saying that the ‘blood of the Jew is superior to that of the Gentiles’ and that ‘a million Arabs aren’t worth one Jewish fingernail’…Who could forget those ‘nice Jewish girls’ who made the news a few years ago by autographing high-explosive warheads with sickeningly-violent statements such as ‘From Israel, With Love’ before these weapons of mass destruction were launched into Lebanese villages…Ask the Christians in Jerusalem sometime about the spitting and cursing they endure from the Yeshiva students at the encouragement of their Rebbe. These are just a small portion of the ugly fruit the Yeshiva produces, and if these aren‘t enough then one need look no further than the daily carnage taking place in the area as a result of the corrupting influence these schools produce for further proof.

Now, I know some conspiracy theorists might (with good reason) suggest that Israel did the job herself and that this was just one more in a long string of similar events that have taken place in the last 60 years where ‘adventurous,’ ‘dedicated’ and ‘patriotic’ Jews instigated violent acts against other Jews for propaganda purposes in order to create certain political outcomes. The truth is, it’s easy to see why such persons would embrace such an idea. After all, it is the motto of Israel’s Mossad ‘By Way Of Deception Thou Shalt Do War’ , and it was Ariel Sharon, ‘the Butcher of Beirut who himself stated–


“Even today I am willing to volunteer to do the dirty work for Israel, even if it means blowing up one or two synagogues here and there, I don’t care. What you don’t seem to understand is that the dirty work of Zionism is not finished yet, far from it.”


And so it’s understandable why people would suspect that all is not Kosher with this latest story, or rather that it WAS Kosher, depending on how you view it.

For the moment however I won’t go there–YET. Right now I’ll give Israel the benefit of the doubt she doesn’t deserve and temporarily suspend my disbelief by holding to the conventional wisdom which says the guy did it. Curious though that he DID follow the pattern of all lone, crazed gunmen throughout history, which is that he was killed on the spot before he could open his mouth.

What I will say though is that Israel bears the responsibility for it, or as one famous anti-Rabbinic activist once said, ‘what you sow also shall you reap.’

The death of 8 soon-to-be Pharisees is a drop compared to the sea of blood Israel has shed in the last century, and since we are constantly getting the ‘tit-for-tat’ lecture from Jews as they justify the violence they shed on innocent people because of the supposed suffering they endured (maybe) ‘all’s fair in love and war,’ as the saying goes.

Sadly though, Jews around the world will not see this latest attack as such. They will not draw the obvious conclusion that this is what happens when you oppress and murder an entire group of people day in/day out for decades and that eventually someone gets mad and strikes out. No, this latest will be blamed on the usual suspect–‘anti-Semitism’, rather than on the fact that Israel, the angel of death in the Middle East, is reaping what she has sown.

And perpetuating this big lie will be the rabbis, the fruit of the Yeshivas where the Talmud and its core teaching of Jewish superiority is taught, and WHEN Israel uses this latest event to justify launching a war against innocent Palestinians, Lebanese, Syrians, Iranians, or whoever, resulting in tens of thousands of deaths, their response will be what it always is–


‘War is hell…You win some and you lose some…Another one bites the dust…that’s the way the ball bounces…Life in the big city…C’est la vie…’


…When what they are really saying between hypocritical words, pretending to nurse a mild sense of regret over the whole incident is–

‘Screw you, Gentiles, Israel does whatever the f*** she wants and don’t you open your f****** mouths about it.’



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