According to a college professor, Dr. Lawrence Britt (expert on Fascist Regimes & author of "Fascism Anyone?"), there are 14 Defining Characteristics of Fascism:
1. Powerful & Continuing Nationalism.
2. Disdain for the Recognition of Human Rights.
3. Identifying Enemies or Scapegoats as a Unifying Cause.
4. Supremacy of The Military.
5. Rampant Sexism.
6. Controlled Mass-Media.
7. Obsession with National Security.
8. Religion & Government Our Intertwined.
9. Corporate Power is Protected.
10. Labor Power is Suppressed.
11. Disdain for Intellectuals & The Arts.
12. Obsession with Crime & Punishment.
13. Rampant Cronyism & Corruption.
14. Fraudulent Elections.
Made by Eric Blumrich
Nov 5, 2009
Posted by Neo at 16:55
Nov 4, 2009
For a while I had a feeling Alex Jones was a liar, an agent for the government possibly, so I decided to do some research.
So who is Alex Jones really?
The answer? A fear spreader working for the government. His mission is simple; make the people feel like they have no power over the government.
While the information he gives is mostly true (ignoring, of course, the lies he tells about socialism and communism.)
Infowars.com and Alex Jones' other websites are all there to make you feel powerless, while still giving you real information.
Remember, without us the rich and the government wouldn't survive, so while you may enjoy reading infowars, remember you have power and you can stop them.
So now the question arises, who can you trust? Can you trust me? The answer is that no one can ever be trusted, nothing on this blog can be trusted, nothing on CNN can be trusted. Go by your feelings, if you feel like trusting something, be care full, but go ahead with it.
Below is a look at some of Alex Jone's lies and brainwashing:
Alex Jones seems to also be brainwashing the Americans with this:
Obama is NOT a socialist, if he was America would be doing much better off.
This is not the first time Alex Jones makes Socialism and Communism look evil.
Below is another video you might find interesting:
Oct 18, 2009
Out of these troubled times, our fifth objective – a New World Order – can emerge. . . Now, we can see a New World Order coming into view. A world in which there is a very real prospect for a New World Order. . .A world where the United Nations, freed from a Cold War stalemate, is poised to fulfill the historic vision of its founders.” -George H.W. Bush
The Minnesota Free Market Institute hosted an event at Bethel University in St. Paul on Wednesday evening. Keynote speaker Lord Christopher Monckton, former science adviser to British Prime Minister Margaret Thatcher, warned the American people to stop Obama from signing a ‘global climate treaty’ at the climate change conference in Copenhagen in December that will ultimately surrender U.S. sovereignty to a World Government under the guise of helping the environment.
With every passing day it becomes more evident that Obama is nothing more than a globalist, it is obvious from health care reform that he doesn’t care about the middle class, he is in the pocket of the internationalist elite like Kissinger and the rest of the global elite that wish to establish a World Government Dictatorship under the auspices of the United Nations.
If this international climate change treaty passes, Americans will have no choice but to pay a global climate tax that will be paid directly to the United Nations, at first the tax will be introduced to the public gradually such as a barely noticeable tax at the gas pump, which will later be increased once it has been officially established.
The Bilderberg Group has discussed this new global tax this year among many other things like creating a fast-but-painful depression to better establish a New World Order. The IMF, a United Nations entity has already declared itself the global central bank that will set regulations and issue a global currency to the nations. People like George Soros, IMF and the World Bank are betting against the dollar and with the help of the Federal Reserve will topple the dominance of the U.S. dollar in the world market to destroy the U.S. economy and force the global dictatorship on the western hemisphere.
We are beginning to see the emergence of a New World Order this year, with talks of a new global currency, a global climate tax, a global police force with access to a worldwide database of DNA, biometric and fingerprint records, an international gun-control treaty, an international criminal court treaty, the internet moving towards world government it’s crystal clear what is about to happen in this country.
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Iran’s Trade Promotion Organization has announced a near future plan to completely exclude the US dollar from the country’s foreign revenues and reserves.
Iran has recently asked Japan to replace the US dollar with the yen in oil deals it has with the Islamic Republic, Mehr News quoted the organization as saying on Friday.
Since October 2007, Iran has received 85 percent of its oil revenues in currencies other than the US dollar and Tehran is determined to find a substitute for the US dollar for the rest of its 15 percent of oil revenues, the report added.
Iran suggests other currencies such as the euro and the United Arab Emirates’ dirham to replace the US dollar for oil revenues.
The constant declining value of the dollar and persisting economic crisis in the US has forced many countries to drop the currency in favor of a more stable and valuable one.
Saudi Arabia, South Korea, China, Venezuela, Sudan and Russia have taken steps to replace the US dollar in their foreign exchange reserves.
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Russia is ready to consider using the Russian and Chinese national currencies instead of the dollar in bilateral oil and gas dealings, Prime Minister Vladimir Putin said on Wednesday.
The premier, currently on a visit to Beijing, said a final decision on the issue can only be made after a thorough expert analysis.
“Yesterday, energy companies, in particular Gazprom, raised the question of using the national currency. We are ready to examine the possibility of selling energy resources for rubles, but our Chinese partners need rubles for that. We are also ready to sell for yuans,” Putin said.
He stressed that “there should be a balance here.”
On Tuesday, Russia and China agreed terms for Russian gas deliveries at a level of up to 70 billion cubic meters a year. China also imports oil from Russia.
The Russian prime minister said the issue would be addressed among others at a meeting of Shanghai Cooperation Organization (SCO) finance ministers, who are to convene before the end of the year in Kazakhstan.
Britain’s Independent newspaper reported last Tuesday that Russian officials had held “secret meetings” with Arab states, China and France on ending the use of the U.S. dollar in international oil trade.
The countries are reportedly seeking to switch from the dollar to a basket of currencies including the euro, Japanese yen, Chinese yuan, gold, and a new unified currency of leading Arab oil producing countries.
The Independent said the meetings have been confirmed by Chinese and Arab banking sources.
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In the photo here, Obama is spotted with a book penned by Fareed Zakaria, The Post-American World. Zakaria’s book argues that a world order is emerging led by the authoritarian slave state China and India.
“Criticism of the book focused on certain assertions made by Zakaria, as well as the focus of the book mirroring back a ruling narrative to meet the needs of the global elite,” a Wikipedia write-up notes.
It makes sense Zakaria is talking to the elite. He is one of their trusted minions.
In addition to working as the editor of Newsweek International, Zakaria is a member of the Aspen Strategy Group, where he hangs out with insiders such as Brent Scowcroft, CFR president Richard Haass, and CFR member and former Clinton college roomate Strobe Talbott. Zakaria is a Bilderberg attendee, a senior staff member of the Council on Foreign Relations, and is a member of the Trilateral Commission. He was the editor of the CFR’s house organ, Foreign Affairs.
It makes sense Obama is reading Zakaria. He is one of the leading intellectuals of the New World Order.
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Oct 17, 2009
I'm very sorry for the lack of updates. A few things came up that made me have very limited time, however hopefully I will be able to post daily now.
Thank you for understanding.
NOTE: I will be adding the "share" bar to all my new posts to make it easier to share and bookmark my articles.
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The U.N. refugee agency reports thousands of people are fleeing Pakistan’s South Waziristan region in anticipation of military operations against insurgents. U.N. agencies estimate more than 100,000 people have become displaced since May.
Pakistan’s Northwest Frontier Province is awash with homeless people who fled the fighting between government troops and Taliban militants.
The most dramatic exodus occurred earlier this year when more than two million people fled their homes in the Swat Valley.
UNHCR spokesman, Andrej Mahecic, says his agency does not expect an outflow of people on that scale from Waziristan. Nevertheless, he says a substantial number of people are fleeing to safer regions.
“In recent days, local authorities have begun registering new arrivals, with more than 800 families registered over the past three days out of an estimated 2,000 families that have moved into that area,” he said.
“While some of the movement from South Waziristan may be seasonal migration, most families say they are fleeing expected bombardments. If full-scale military operations are launched, the numbers of displaced people are likely to rise significantly,” he added.
Mahecic says most of the displaced are staying with host families or have rented rooms. He says the UNHCR is working with local partners to distribute relief supplies, such as plastic sheets, sleeping mats, jerry cans and kitchen sets to displaced people from South Waziristan.
In the meantime, spokesman for the World Health Organization, Paul Garwood, says medical supplies in the region are insufficient.
“Water supplies to health facilities are reaching only 42 percent of these health facilities,” he said. “So, there is a great lack of water. Medical staff, particularly female health staff, are in short number and the health cluster has received only 37 percent of funding requested,” he stressed.
The U.N. agencies say the deteriorating situation in Pakistan continues to hinder their humanitarian operations in the country. In addition, they say they have had to adjust their operations in the wake of attacks on U.N. staff and general insecurity.
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Sep 16, 2009
Ancient Aliens is a blog dedicated to bringing you the latest information on all races of aliens. With proof of alien civilizations, ancient writings describing the Anunnaki, the truth about 2012, Nibiru and much more.
Sep 1, 2009
For anyone who attended the Silent Exchange electronic music festival at The Yard on Saturday, I am sorry that you had to witness Buffalo’s Men in Blue in such a sorry state. As fifty young music fans stood around watching a DJ spin on stage, Buffalo Police filed onto private property and threatened the crowd to disband or pay the consequences. Despite the fact that the proper permits had been filed with City Hall, that would allow the music to go on until 10pm, Buffalo Police would not listen to reason, only resorting to ‘police state’ tactics as the young music fans looked on in bewilderment .
One of the reasons that The Yard was chosen for the event was that it is widely known that the bandshell at LaSalle Park is next to impossible to book unless you have an ‘in’ with The City. So that means that the only other alternative when it comes to holding a concert at a permanent outdoor music festival is The Yard. The Yard is not in a residential neighborhood. Nor is it in a commercial neighborhood. It’s located in an abandoned industrial area surrounded by nothing and no one. Maybe sometime in the future this might be inhabited by college students, but that’s just not the case at this point in time. So how do the police claim that there was a noise complaint, especially since the music could not be heard until you turned the corner of the building and actually saw the stage?
Read entire article
Americans MUST know the truth about the h1n1 flu vaccination before it's too late. Even if you think this is all a conspiracy theory, please, review it the links given below to learn the truth and see proof that the h1n1 flu vaccination is more deadly than the flu itself.
When the avian flu scare arrived, no one questioned it. This time, things are different. Those with some brains, a memory and Internet ingenuity are on the case. Let’s hope this message gets out.
Tamiflu is an antiviral medication used to treat influenza. It will be the prime medication sold to protect citizens from swine flu as it was for avian flu. All healthcare workers, military and essential service workers will need a dose available and it will be bought with your tax dollars.Tamiflu is made and patented by Gilead Sciences and Donald Rumsfeld was the chairman of this company before he joined the Bush administration. When the Avian Flu scare flashed across the television sets of Americans, Gilead Sciences stock went through the roof
See my old post:
Forced Flu Vaccination and Quarantine Camps
Swine Flu Jab Linked To Killer-Nerve Disease
H1N1 Vaccine Linked to Guillain-Barré Syndrome
Babies to get swine flu jab... even though it hasn't been tested on children under three
Forced Vaccination "Home Visits"
Mandatory Swine Flu Vaccination Alert
Swine Flu Hoax
Watch CBS Videos Online
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Aug 30, 2009
Uncensored News is celebrating it's 100th post by opening a new page, The Cyber Revolution.
During all this, most of us who know what is happening do nothing, the other 99% of the population is still oblivious to the truth.
If all the population of America knew the real truth of what was happening, the government would not be able to put their ideas through. People would not be drinking tap water, watching TV, getting flu shots and eating genetically modified foods. They would demand real cures for diabetes and other diseases.
The New World Order would end and real order would begin, America would be free again and we would no longer have wars. No one would be brainwashed anymore.
Yet that future seems far away now, or so it would appear. The first step we must take towards a brighter future is educating the masses with the truth."
U.S. health authorities are turning to social networking sites such as Facebook and Twitter in a bid to prepare people to be vaccinated against the pandemic H1N1 virus.
But efforts to distribute accurate information about the dangers of swine flu and the importance of vaccination are hampered by the sheer complexity of the message that the U.S. Centers for Disease Control and Prevention aims to convey.
For a start, the vaccine will not be ready for widespread distribution until mid-October, after the traditional flu season has begun.
The U.S. government hopes to target around 50 percent of the population for vaccination, focusing on key groups including pregnant women and healthcare workers.
Read Entire Article
Aug 29, 2009
The New World Order has already begun, forced flu vaccination is starting next, afterwards food shortages and more nightmares including FEMA camps, more poisoning through air and water, tracking chips and more. The world has gone to hell and we are to blame for letting the powerful become even more powerful. It's time that something is changed before it's too late. Spread your knowledge as much as possibly.
The Following is from infowars.com:
The students in the farming community I grew up in were having a grade school “fair” in the fall of 1957. It was the beginning of fourth grade for me. We were setting up props for the weekend festivities, when parents and students would all attend. We were busy converting the 4 room school into a frontier town. It was all part of the run up to the Colorado statehood Centennial celebration and we chose an Old West theme. 1957 was the first year of school polio and smallpox shots, which we had all received a couple of weeks earlier. I remember that I wasn’t feeling well that day, but I didn’t want to miss the fun, yet by mid afternoon — let’s just say, I had to go home early that Friday.
By Saturday morning I was running an incredible fever. I was in a constant state of vomiting and dry heaves, I couldn’t keep anything down, and for the longest time my only conscious moments were filled with fever, vomiting, and delirium. Within hours of one another, one by one, my brothers and sisters came down with the bug, though I have little conscious recollection of those first three days.
By Sunday my parents had also succumb. The only one who was still standing was my maternal grandmother, who while in her late teens, had survived the 1918 Spanish flu. Lucky for us she knew what to do and in her immunity, she nursed us all through the critical first few days of ordeal and the week of recovery. I also thank providence for the other two families that worked on the dairy farm. They had no grade school age children and were able to maintain the milking chores and other things necessary to keep the farm running. Yet within a week or two, one after another they all came down with flu as well. I know of people who were killed by this virus. There were some members of the Victory Grange, and the Tower Baptist Church, that we never saw again.
There must be a reason why the authorities are not talking about this strain of flu — primary obfuscation perhaps, by the weak red herring H1N1, that’s my gut feeling. I say this because when the story first broke in 2004/2005, about the 3000 or so H2N2 (1957) flu test kits that were “accidentally” mailed all over the world, it suddenly disappeared from the media. I repeat the word accidentally with a “don’t you believe it” advisory, (”nudge, nudge,- wink, wink, – know what I mean, known what I mean.”)
To quote the reference source: <>
“From October 2004 to February 2005, approximately 3,700 test kits of the 1957 H2N2 virus were accidentally spread around the world from the College of American Pathologists (CAP)
collaboration with the National Institutes of Health. In BSL-3 labs, agents are handled with equipment designed to prevent any airborne contamination and resulting respiratory exposure.”
So just how many of these vials were actually destroyed? Do we know how many were opened and cultured? Well, the one thing we do know for sure is that they contained the BSL-3, deadly, live H2N2 virus. No need to dig up dead, obese, Inuit Eskimo women from which to extricate and resurrect the virus, all they had to do was ship out the existing 50 year old, culture test kits and allow the eugenics clinics to do what they do best… namely, culture, replicate, and distribute, the known killer, H2N2 (1957) avian flu virus.
I’ve had what they call the flu since then, a couple of days of achiness in the military in ‘68, and then again when I took the “mandatory” Air Force swine flu shot in 1972/73 and got sick from that. But again, just achy joints and muscles, a little nausea, and a fever for a few days, but nowhere near the 1957 flu. After 1973, I haven’t had the flu at all really, not even the most subtle symptoms. I seldom even have a cold beyond the sniffles, and achy joints, mostly now in my later years.
You would think that this latest scare, would bring the national media to mention the pandemic of 1957. After all, according to the WHO, (World Health Organization), it killed 2 million+ people world wide that year. Other credible sources say 4 million died. The official stats for the number of deaths in the United States during that pandemic is 70,000. I wonder if the folks who died that I knew, and folks in other out of the way rural areas in the country, and the world for that matter — were they counted in those statistics? Sources other than the WHO say that the number is more likely between 100,000 and 140,000 American deaths by flu in ‘57-’58…
This past Friday night there was a flyover above my home at about 8:30 in the evening. It happened again at just before midnight on Saturday, and then a third fly by — and I will never forget the exact time of this one, it was 2:09 AM Monday morning August 24th. The airplane was a twin-engine turbo prop that rumbled the house rafters as it went over. The valley where I live is about 9000 feet in elevation, about a mile wide and is rimed on opposite sides by 12,000 to 13,000 foot peaks. I could hear the aircraft feather its propellers on approach as it dropped down in a crop duster like swoop. It breezed across the valley in only a few seconds, then it powered back up into a climbing turn and disappeared over the reservoir. I should alert you to the fact that large twin engine aircraft flying at low altitude over our little valley in the wee hours of the morning, is as rare as snow storms in Pensacola Florida, yet it happened three times, in as many nights.
The reason I won’t forget the last flyover is this — in hopes of catching a glimpse of the noisy bird, I scurried out the front door onto the porch. I was immediately hit with a smell and taste that I can never forget. A sensation I have not experienced since the first time I tasted it. It was the taste and smell of that deathly ill three days I lived through, back in 1957.
I for one will not be surprised at all when they announce that what is taking people’s lives this time, will not be the H1N1 at all, but a variant of the H2N2 virus! — Still — why doesn’t the press even mention the 1957/58 H2N2 flu pandemic… seems curious, don’t you think?
Thanks to InfoWars.com
The United States of America is devolving into medical fascism and Massachusetts is leading the way with the passage of a new bill, the “Pandemic Response Bill” 2028, reportedly just passed by the MA state Senate and now awaiting approval in the House. This bill suspends virtually all Constitutional rights of Massachusetts citizens and forces anyone “suspected” of being infected to submit to interrogations, “decontaminations” and vaccines.
It’s also sets fines up to $1,000 per day for anyone who refuses to submit to quarantines, vaccinations, decontamination efforts or to follow any other verbal order by virtually any state-licensed law enforcement or medical personnel. You can read the text yourself here: http://www.mass.gov/legis/bills/senate/186/st02pdf/st02028.pdf…
Here’s some of the language contained in the bill:
(Violation of 4th Amendment: Illegal search and seizure)
During either type of declared emergency, a local public health authority… may exercise authority… to require the owner or occupier of premises to permit entry into and investigation of the premises; to close, direct, and compel the evacuation of, or to decontaminate or cause to be
decontaminated any building or facility; to destroy any material; to restrict or prohibit assemblages of persons;
(Violation of 14th Amendment; illegal arrest without a warrant)
…an officer authorized to serve criminal process may arrest without a warrant any person whom the officer has probable cause to believe has violated an order given to effectuate the purposes of this subsection and shall use reasonable diligence to enforce such order. [Gunpoint]
(Government price controls)
The attorney general, in consultation with the office of consumer affairs and business regulation, and upon the declaration by the governor that a supply emergency exists, shall take appropriate action to ensure that no person shall sell a product or service that is at a price that unreasonably exceeds the price charged before the emergency.
“Involuntary Transportation” (also known as kidnapping)
Law enforcement authorities, upon order of the commissioner or his agent or at the request of a local public health authority pursuant to such order, shall assist emergency medical technicians or other appropriate medical personnel in the involuntary transportation of such person to the tuberculosis treatment center.
$1,000 / day in fines
Any person who knowingly violates an order, as to which noncompliance poses a serious danger to public health as determined by the commissioner or the local public health authority, shall be punished by imprisonment for not more than 30 days or a fine of not more than one thousand dollars per day that the violation continues, or both.
Furthermore, when the commissioner or a local public health authority within its jurisdiction determines that either or both of the following measures are necessary to prevent a serious danger to the public health the commissioner or local public health authority may exercise the following authority: (1) to vaccinate or provide precautionary prophylaxis to individuals as protection against communicable disease…
Forced quarantine for those who refuse (illegal imprisonment without charge)
An individual who is unable or unwilling to submit to vaccination or treatment shall not be required to submit to such procedures but may be isolated or quarantined pursuant to section 96 of chapter 111 if his or her refusal poses a serious danger to public health or results in uncertainty whether he or she has been exposed to or is infected with a disease or condition that poses a serious danger to public health, as determined by the commissioner, or a local public health authority operating within its jurisdiction.
Arrest for refusal to be “decontaminated”
If an individual is unable or unwilling to submit to decontamination or procedures necessary for diagnosis, the decontamination or diagnosis procedures may proceed only pursuant to an order of the superior court… During the time necessary to obtain such court order, such individual may be isolated or quarantined pursuant to section 96 of chapter 111 if his or her refusal to submit to decontamination or diagnosis procedures poses a serious danger to public health or results in uncertainty whether he or she has been exposed to or is infected with a disease or condition that poses a serious danger to public health.
When the commissioner or a local public health authority within its jurisdiction reasonably believes that a person may have been exposed to a disease or condition that poses a threat to the public health, in addition to their authority under section 96 of chapter 111, the commissioner or the local public health authority may detain the person for as long as may be reasonably necessary for the commissioner or the local public health authority, to convey information to the person regarding the disease or condition and to obtain contact information… If a person detained under subsection (1) refuses to provide the information requested, the person may be isolated or quarantined pursuant to section 96 of chapter 111 if his or her refusal poses a serious danger to public health…
Forced isolation and quarantine
An order for isolation or quarantine may include any individual who is unwilling or unable to undergo vaccination, precautionary prophylaxis, medical treatment, decontamination, medical examinations, tests, or specimen collection and whose refusal of one or more of these measures poses a serious danger to public health or results in uncertainty whether he or she has been exposed to or is infected with a disease or condition that poses a serious danger to public health.
Forced entry into any home or building…
There’s a lot more in this bill, including language that allows Mass. police to enter any home or building without a search warrant, to destroy any object or building they suspect may pose a threat to public safety, to order the closing and / or decontamination of any facility using highly toxic chemical decontamination agents, and to arrest, detain and interrogate anyone who gets in their way.
Meanwhile, all state law enforcement and medical personnel are granted complete immunity from prosecution for their part in violating your Constitutional rights. So if they violate your right to due process, or they accidentally destroy your home, or they kill your family dog because they suspect it might be infected, you have absolutely zero recourse.
Under this bill, Massachusetts becomes a medical police state. There is no debating it. It’s all written, clear as day, in this law: The citizens of Massachusetts will have no rights, period. The Constitution is ancient history. You are now the property of the State.
Kiss your freedoms goodbye
Massachusetts, it seems, has never met a vaccine it didn’t like. This is the same state that rounded up the parents of schoolchildren who hadn’t been vaccinated, then corralled them into a courtroom (with attack dogs standing guard outside) and forced vaccine injections onto all the schoolchildren under the threat of jail time for parents who resisted.
Remember, readers, that this is all taking place in the “land of the free,” a nation that former President George Bush claimed was so envied around the world that terrorists attacked America because they “hate freedom” and wanted to destroy our way of life. But terrorists need no help attacking freedom as long as Massachusetts is in the vaccine game, because this latest form of “gunpoint medicine” destroys freedom for everyday Americans in a way that terrorists could have never hoped to accomplish with all the bombs in the world.
Massachusetts, it seems, has done what terrorists could not: It has turned “free” Americans into medical slave subjects who no longer have any freedom to decide the details of their own medical care. All options have been stripped from them but one: The Big Pharma option. That’s the one that involves using untested, unproven and potentially dangerous vaccines that could paralyze you or even kill you. All to defend you against a virus that’s so weak, almost anyone with decent levels of vitamin D and basic nutrition can resist the virus without incident.
But Massachusetts, as you’ll see below, is just the beginning. It turns out that the whole nation could soon find itself under a similar forced vaccination policy…
Isolation camps, forced vaccinations and more
In 2006, former President George Bush signed into law the Public Readiness and Emergency Preparedness Act (PREP). It gives power to the Secretary of the U.S. government’s Health and Human Services department (HHS) to declare any infectious disease a “national emergency” and therefore require mandatory vaccination of the entire population. Because of the existence of this PREP Act, the entire population of the USA is now but one pen stroke away from being subjected to mandatory swine flu vaccinations at gunpoint.
Those who resist such vaccines will be arrested and taken away for “isolation” in domestic prison camps. They can’t just leave vaccine refusers free to live among the population, of course, because that would send the message that anyone can refuse the vaccines without consequence. So they’ll arrest those who refuse the vaccine, labeling them “a threat to national security” (enemies of the state) and imprison them without trial, without charges and without any legal representation whatsoever.
Meanwhile, all those who take part in enforcing these crimes against the American people will be granted complete immunity. From the HHS website: “[the Secretary may] issue a declaration… that provides immunity from tort liability (except for willful misconduct) for claims of loss caused, arising out of, relating to, or resulting from administration or use of (vaccine or other pharmaceutical) countermeasures to diseases, threats and conditions determined by the Secretary to constitute a present, or credible risk of a future public health emergency…”
There are other laws already on the books that strip Americans of virtually all Constitutional rights in a “pandemic emergency” scenario. One such act is The Pandemic and All-Hazards Preparedness Act (S. 3678), which probably merits another article altogether.
Have no illusions: At the stroke of a pen, the Constitutional rights of all Americans will be immediately suspended. Mandatory vaccinations and “decontaminations” will kick in and the mass arrest of resisters will begin. There will be no court, no trial, no jury and no due process. Your actions will be dictated to you by a law enforcement officer or a health care worker who has been granted complete immunity, so if you just happen to get kicked around a bit (or shot), there’s really nothing you can do about it.
Some might argue these are necessary actions to save a nation from a deadly pandemic. And yet they forget that the pandemic has been intentionally allowed to worsen by censoring information about vitamin D and natural remedies that could stop it. Somebody at the top, in other words, wants this pandemic to get really bad, perhaps because it allows them to invoke precisely the draconian response I’ve outlined in this article. Seizing power in a Democracy cannot be accomplished by simply declaring war on the rights of the People. Rather, a situation must be engineered where the People are so desperate that they beg to be controlled. Releasing a pandemic into the wild is the perfect way to accomplish precisely that.
None of these laws will be invoked before the vaccines are ready in large numbers, of course. Part of the purpose in all this is to prop up Big Pharma profits with massive vaccination efforts, so until the vaccines are actually available, don’t expect to see any declarations of a public emergency.
It might take until October or November before the vaccines are readily available in sufficient quantity to inject just half the U.S. population. But once that milestone is reached, a declaration of a pandemic emergency is imminent. Trust me on this point: They won’t let all those hundreds of millions of vaccines sit around unused; they’ll make sure they get injected into the People as soon as possible, because that’s the only way to justify making more.
So the sequence of events we’re likely to see here are:
#1) Waiting on vaccine manufacturing to procure at least 150 million doses in the U.S. Probable timeframe = October.
#2) Hyping up a few local swine flu breakouts in schools in order to justify step #3. Probable timeframe = November / December.
#3) Declaring a full-blown national emergency and announcing mandatory vaccinations for everyone (to use up the vaccines that are now available). Probable timeframe = January / February / March.
#4) If the disease continues to spread, this is when you’ll see forced entry into homes and buildings, forced “decontamination” sprayings, widespread arrests and forced quarantine of resisters, Martial Law and a complete crackdown on freedoms (especially in the inner cities). This will likely continue through the winter until Spring arrives, bringing the sunshine that will suppress the virus around the May 2010 timeframe.
All this is written in black ink. It’s already part of the pandemic response plan. Body bags, FEMA camps and much more.
Two years ago, this was all the domain of conspiracy theory “wingnuts.” Now it’s State law. Now it’s being openly discussed in security conferences and health care meetings. What will we do when the hospital beds are full? How will we accomplish the “involuntary transportation” of those who are infected? Are there enough zip-tie handcuffs to go around? How do we disarm and arrest citizens who refuse to be vaccinated? How do we prevent National Guard troops from becoming infected themselves?
These are the questions circulating now at high levels, all across the world. And the answers are always the same: Abandon freedoms. Strip the People of any rights. Dictate from the top down and arrest anyone who gets in your way.
Welcome to the Land of the Free. I hope you are prepared for what looks to be coming, because this isn’t America anymore, folks. This is Amerika, and the Constitutional rights you thought you had are about to be written right off the books.
Thanks to infowars.com
Aug 28, 2009
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Aug 17, 2009
North Korea said on Monday it would reopen its border with the South, ending a self-imposed 9-month blockade on a vital source of cash for its leaders as their ravaged economy is squeezed by tightening U.N. sanctions. Skip related content
It is the latest step by the hermit North to end near complete isolation by the outside world over its months of military grandstanding, including a second nuclear test in May.
But in a reminder of tensions on the peninsula, North Korea's KCNA news agency followed the report on the border deal with one warning of a "merciless and prompt annihilating strike," including nuclear weapons, if U.S. and South Korean military drills that started on Monday infringe on its sovereignty.
The agreement to ease restrictions on the border, effectively closed since last December, and restart lucrative tourism to the North came during four-hour talks between the reclusive state's ruler Kim Jong-il and the head of the South Korean Hyundai Group.
"(Kim Jong-il) said to tell him all that I wanted, so I did," Hyundai's Hyun Jeong-eun told reporters on arrival back in the South after her trip to Pyongyang, at the North's invitation, to seek the release of a worker detained for nearly five months for insulting the North Korean leadership.
Hyun, who described the meeting over lunch on Sunday as convivial, said Kim also agreed to talks over the fate of four South Korean fisherman detained late last month after straying into North Korean waters.
The Hyundai Group runs tourism to the North and operates the Kaesong industrial park just across the border and an important source of income for Pyongyang's leadership.
The group is linked to one of the most powerful corporate families in South Korea, one of whose senior members is also a close political ally to President Lee Myung-bak.
Hyun's visit followed hot on the heels of one earlier in the month by former U.S. President Bill Clinton, who also met Kim, to win the release of two jailed American journalists.
Wu Dawei, the top nuclear envoy from China, the closest North can claim as a major ally, is planning to go to Pyongyang later on Monday in a bid to restart the six-country talks on ending North Korea's atomic ambitions, South Korea's Yonhap news agency quoted a diplomatic source as saying.
"North Korea ... wants a better relationship with the U.S. In order for that to happen, they must have a well-established relationship with South Korea," said Cho Myung-chul, an expert on North Korea at the Korea Institute for International Economic Policy in Seoul.
Relations between the two Koreas, technically at war for more than half a century, have become increasingly bitter after the South's conservative president took office 18 months ago, ending years of aid unless his neighbour gave up nuclear weapons.
Analysts say tightened U.N. sanctions over its military provocations are starting to bite, especially its profitable weapons exports.
Yang Moon-soo, a professor at the University of North Korean Studies, estimated that Pyongyang had earned about $30 million (18.3 million pounds) last year from its business with the Hyundai Group.
"Although this might not look like a great amount to South Korea, it means a great deal to North Korea."
Adding to the North's problems are reports that its 23 million population, routinely on the edge of famine, could be facing another poor harvest.
North Korean state TV reported that flooding in recent weeks had damaged farmland.
Though recent nuclear and missile tests have infuriated the international community, analysts say they have helped Kim's stature at home, notably with his hard-line military.
North Korea's media has also been careful to portray both recent visits as tribute to iron leader Kim, 67, whose health is the subject of intense speculation and believed to be trying to ensure his youngest son becomes the third generation in the family to head the destitute communist dynasty.
Tours across the Cold War's last frontier have ground to a halt last year and the industrial park itself has looked under threat as relations between the two, technically at war for more than half a century, have worsened.
Under the latest agreement, land passage across their heavily armed border will be resumed, allowing normal traffic to the Kaesong factory park.
They agreed that officials from both sides would start talks on resuming tourism to the scenic Mount Kumgang resort, halted a year ago after a North Korean soldier shot dead a tourist from the South who had wandered into a military area.
Pyongyang also agreed to let Hyundai launch tours to Mt Paektu, a sacred peak in Korea, and for the resumption in October of reunions of families separated by the 1950-53 Korean War
Swine flu jab link to killer nerve disease: Leaked letter reveals concern of neurologists over 25 deaths in America
A warning that the new swine flu jab is linked to a deadly nerve disease has been sent by the Government to senior neurologists in a confidential letter.
The letter from the Health Protection Agency, the official body that oversees public health, has been leaked to The Mail on Sunday, leading to demands to know why the information has not been given to the public before the vaccination of millions of people, including children, begins.
It tells the neurologists that they must be alert for an increase in a brain disorder called Guillain-Barre Syndrome (GBS), which could be triggered by the vaccine.
GBS attacks the lining of the nerves, causing paralysis and inability to breathe, and can be fatal.
The letter, sent to about 600 neurologists on July 29, is the first sign that there is concern at the highest levels that the vaccine itself could cause serious complications.
It refers to the use of a similar swine flu vaccine in the United States in 1976 when:
More people died from the vaccination than from swine flu.
500 cases of GBS were detected.
The vaccine may have increased the risk of contracting GBS by eight times.
The vaccine was withdrawn after just ten weeks when the link with GBS became clear.
The US Government was forced to pay out millions of dollars to those affected.
Concerns have already been raised that the new vaccine has not been sufficiently tested and that the effects, especially on children, are unknown.
It is being developed by pharmaceutical companies and will be given to about 13million people during the first wave of immunisation, expected to start in October.
Top priority will be given to everyone aged six months to 65 with an underlying health problem, pregnant women and health professionals.
The British Neurological Surveillance Unit (BNSU), part of the British Association of Neurologists, has been asked to monitor closely any cases of GBS as the vaccine is rolled out.
One senior neurologist said last night: ‘I would not have the swine
flu jab because of the GBS risk.’
There are concerns that there could be a repeat of what became known as the ‘1976 debacle’ in the US, where a swine flu vaccine killed 25 people – more than the virus itself.
A mass vaccination was given the go-ahead by President Gerald Ford because scientists believed that the swine flu strain was similar to the one responsible for the 1918-19 pandemic, which killed half a million Americans and 20million people worldwide.
Within days, symptoms of GBS were reported among those who had been immunised and 25 people died from respiratory failure after severe paralysis. One in 80,000 people came down with the condition. In contrast, just one person died of swine flu.
More than 40million Americans had received the vaccine by the time the programme was stopped after ten weeks. The US Government paid out millions of dollars in compensation to those affected.
The swine flu virus in the new vaccine is a slightly different strain from the 1976 virus, but the possibility of an increased incidence of GBS remains a concern.
Shadow health spokesman Mike Penning said last night: ‘The last thing we want is secret letters handed around experts within the NHS. We need a vaccine but we also need to know about potential risks.
‘Our job is to make sure that the public knows what’s going on. Why
is the Government not being open about this? It’s also very worrying if GPs, who will be administering the vaccine, aren’t being warned.’
Two letters were posted together to neurologists advising them of the concerns. The first, dated July 29, was written by Professor Elizabeth Miller, head of the HPA’s Immunisation Department.
It says: ‘The vaccines used to combat an expected swine influenza pandemic in 1976 were shown to be associated with GBS and were withdrawn from use.
‘GBS has been identified as a condition needing enhanced surveillance when the swine flu vaccines are rolled out.
‘Reporting every case of GBS irrespective of vaccination or disease history is essential for conducting robust epidemiological analyses capable of identifying whether there is an increased risk of GBS in defined time periods after vaccination, or after influenza itself, compared with the background risk.’
The second letter, dated July 27, is from the Association of British Neurologists and is written by Dr Rustam Al-Shahi Salman, chair of its surveillance unit, and Professor Patrick Chinnery, chair of its clinical research committee.
It says: ‘Traditionally, the BNSU has monitored rare diseases for long periods of time. However, the swine influenza (H1N1) pandemic has overtaken us and we need every member’s involvement with a new BNSU survey of Guillain-Barre Syndrome that will start on August 1 and run for approximately nine months.
‘Following the 1976 programme of vaccination against swine influenza in the US, a retrospective study found a possible eight-fold increase in the incidence of GBS.
‘Active prospective ascertainment of every case of GBS in the UK is required. Please tell BNSU about every case.
‘You will have seen Press coverage describing the Government’s concern about releasing a vaccine of unknown safety.’
If there are signs of a rise in GBS after the vaccination programme begins, the Government could decide to halt it.
GBS attacks the lining of the nerves, leaving them unable to transmit signals to muscles effectively.
It can cause partial paralysis and mostly affects the hands and feet. In serious cases, patients need to be kept on a ventilator, but it can be fatal.
Death is caused by paralysis of the respiratory system, causing the victim to suffocate.
It is not known exactly what causes GBS and research on the subject has been inconclusive.
However, it is thought that one in a million people who have a seasonal flu vaccination could be at risk and it has also been linked to people recovering from a bout of flu of any sort.
The HPA said it was part of the Government’s pandemic plan to monitor GBS cases in the event of a mass vaccination campaign, regardless of the strain of flu involved.
But vaccine experts warned that the letters proved the programme was a ‘guinea-pig trial’.
Dr Tom Jefferson, co-ordinator of the vaccines section of the influential Cochrane Collaboration, an independent group that reviews research, said: ‘New vaccines never behave in the way you expect them to. It may be that there is a link to GBS, which is certainly not something I would wish on anybody.
‘But it could end up being anything because one of the additives in one of the vaccines is a substance called squalene, and none of the studies we’ve extracted have any research on it at all.’
He said squalene, a naturally occurring enzyme, could potentially cause so-far-undiscovered side effects.
Jackie Fletcher, founder of vaccine support group Jabs, said: ‘The Government would not be anticipating this if they didn’t think there was a connection. What we’ve got is a massive guinea-pig trial.’
Professor Chinnery said: ‘During the last swine flu pandemic, it was observed that there was an increased frequency of cases of GBS. No one knows whether it was the virus or the vaccine that caused this.
‘The purpose of the survey is for us to assess rapidly whether there is an increase in the frequency of GBS when the vaccine is released in the UK. It also increases consultants’ awareness of the condition.
‘This is a belt-and-braces approach to safety and is not something people should be substantially worried about as it’s a rare condition.’
If neurologists do identify a case of GBS, it will be logged on a central database.
Details about patients, including blood samples, will be collected and monitored by the HPA.
It is hoped this will help scientists establish why some people develop the condition and whether it is directly related to the vaccine.
But some question why there needs to be a vaccine, given the risks. Dr Richard Halvorsen, author of The Truth About Vaccines, said: ‘For people with serious underlying health problems, the risk of dying from swine flu is probably greater than the risk of side effects from the vaccine.
‘But it would be tragic if we repeated the US example and ended up with more casualties from the jabs.
‘I applaud the Government for recognising the risk but in most cases this is a mild virus which needs a few days in bed. I’d question why we need a vaccine at all.’
Professor Miller at the HPA said: ‘This monitoring system activates pandemic plans that have been in place for a number of years. We’ll be able to get information on whether a patient has had a prior influenza illness and will look at whether influenza itself is linked to GBS.
‘We are not expecting a link to the vaccine but a link to disease, which would make having the vaccine even more important.’
The UK’s medicines watchdog, the Medicines and Healthcare Products Regulatory Agency, is already monitoring reported side effects from Tamiflu and Relenza and it is set to extend that surveillance to the vaccine.
A Department of Health spokesperson said: ‘The European Medicines Agency has strict processes in place for licensing pandemic vaccines.
‘In preparing for a pandemic, appropriate trials to assess safety and the immune responses have been carried out on vaccines very similar to the swine flu vaccine. The vaccines have been shown to have a good safety profile.
‘It is extremely irresponsible to suggest that the UK would use a vaccine without careful consideration of safety issues. The UK has one of the most successful immunisation programmes in the world.’
I COULDN''T EAT OR SPEAK... IT WAS HORRENDOUS
When Hilary Wilkinson woke up with muscle weakness in her left arm and difficulty breathing, doctors initially put it down to a stroke.
But within hours, she was on a ventilator in intensive care after being diagnosed with Guillain-Barre Syndrome.
She spent three months in hospital and had to learn how to talk and walk again. But at times, when she was being fed through a drip and needed a tracheotomy just to breathe, she doubted whether she would survive.
The mother of two, 57, from Maryport, Cumbria, had been in good health until she developed a chest infection in March 2006. She gradually became so weak she could not walk downstairs.
Doctors did not diagnose Guillain-Barre until her condition worsened in hospital and tests showed her reflexes slowing down. It is impossible for doctors to know how she contracted the disorder, although it is thought to be linked to some infections.
Mrs Wilkinson said: ‘It was very scary. I couldn’t eat and I couldn’t speak. My arms and feet had no strength and breathing was hard.
I was treated with immunoglobulin, which are proteins found in blood, to stop damage to my nerves. After ten days, I still couldn’t speak and had to mime to nurses or my family.
‘It was absolutely horrendous and I had no idea whether I would get through it. You reach very dark moments at such times and wonder how long it can last.
But I’m a very determined person and I had lots of support.’
After three weeks, she was transferred to a neurological ward, where she had an MRI scan and nerve tests to assess the extent of the damage.
Still unable to speak and in a wheelchair, Mrs Wilkinson eventually began gruelling physiotherapy to improve her muscle strength and movement but it was exhausting and painful.
Three years later, she is almost fully recovered. She can now walk for several miles at a time, has been abroad and carries out voluntary work for a GBS Support Group helpline.
She said: ‘It makes me feel wary that the Government is rolling out this vaccine without any clear idea of the GBS risk, if any. I wouldn’t wish it on anyone and it certainly changed my life.
‘I’m frightened to have the swine flu vaccine if this might happen again – it’s a frightening illness and I think more research needs to be done on the effect of the vaccine.’
Hotline staff given access to confidential records
Confidential NHS staff records and disciplinary complaints could be accessed by hundreds of workers manning the Government’s special swine flu hotline.
They were able to browse through a database of emails containing doctors’ and nurses’ National Insurance numbers, home addresses, dates of birth, mobile phone numbers and scanned passport pages – all details that could be used fraudulently.
And private and confidential complaints sent by hospitals about temporary medical staff – some of whom were named – were also made available to the call-centre workers, who were given a special password to log in to an internal NHS website.
It could be a breach of the Data Protection Act.
The hotline staff work for NHS Professionals, which was set up using taxpayers’ money to employ temporary medical and administrative staff for the health service.
The not-for-profit company runs two of the Government’s swine flu call centres – with 300 staff in Farnborough, Hampshire, and 900 in Watford, Hertfordshire.
Shadow Health Secretary Andrew Lansley described the revelations as ‘disturbing’.
Anne Mitchell, a spokeswoman for Unison, said: ‘There’s no excuse for such a fundamental breach of personal security. Action needs to be taken as soon as possible to make sure this does not happen again.’
A spokeswoman for NHS Professionals would not confirm whether access to the confidential files had been granted.
Read more: http://www.dailymail.co.uk/news/article-1206807/Swine-flu-jab-link-killer-nerve-disease-Leaked-letter-reveals-concern-neurologists-25-deaths-America.html#ixzz0OQVH2gPO
Aug 16, 2009
A Google News search this morning returns no mention of the Guillain-Barré Syndrome link to the experimental H1N1 vaccine in the U.S. media.
The story has made the rounds in the British press. “The Health Protection Agency (HPA) has asked doctors to check for increases in a brain disorder called Guillain-Barré syndrome (GBS) once the national vaccination programme begins,” the Telegraph reports. “According to the Mail on Sunday, two letters were posted together to neurologists advising them of the concerns. The first, dated July 29, was written by Professor Elizabeth Miller, head of the HPA’s Immunization Department.”
The Times Online, Sky News, and the Daily Mail also ran stories on the warning. Alternative news sites in the United States reported on the link but the New York Times, the Washington Post, and other corporate media sources are silent as of this morning.
28,000 people in the U.S. will participate in a government trial of the experimental H1N1 vaccine. “Volunteers will be checked closely for any side effects. They’ll also be monitored for Guillain-Barre syndrome, which was reported in people who received a swine flu vaccine 33 years ago. It’s a rare syndrome usually triggered by a viral infection, and no one knows for sure if the vaccine is also a trigger,” KPBS reported on August 10.
Adult volunteers for the clinical trials will be recruited at 8 separate sites including Emory University in Atlanta, the University of Maryland School of Medicine in Baltimore, Vanderbilt University in Nashville, Baylor College of Medicine in Houston, Children’s Hospital Medical Center in Cincinnati, Group Health Cooperative in Seattle, the University Iowa in Iowa City, and St. Louis University, Deborah Shlian reported for the Examiner on July 28.
The initial tests will be of vaccines made by Sanofi-Pasteur, a European company, and CLS Biotherapies, an Australian company that has supplied seasonal flu shots in the U.S. for years. Novartis is also conducting separate trials for FDA licensing.
Tanks to Infowars.com
Doctors have been put on alert for cases of a nerve disease following the introduction of a vaccine for swine flu, it has emerged.
Health chiefs said there was an increased risk of developing Guillain-Barre syndrome after a flu-like illness, but stressed there was no evidence linking it to the vaccination.
The syndrome, which affects about 1,500 people a year in the UK, attacks the nervous system and can result in temporary paralysis.
Its exact cause is unclear but many people affected by it have had a viral or bacterial infection a few weeks earlier.
A Health Protection Agency (HPA) spokesman said enhanced surveillance was "routine" when introducing a new vaccine.
More than 13 million people in the UK, including people with asthma, diabetes, heart disease, renal disease or with a compromised immune system, will get the jab from October. It is anticipated the normal seasonal flu vaccine may be given at the same time.
The spokesman said: "Guillain-Barre syndrome has long been identified as a potential adverse event that would require enhanced surveillance following the introduction of a pandemic vaccine, but there is no evidence to suggest there is an increased risk of Guillain-Barre syndrome from this vaccine.
"There is robust evidence that no increased risk of Guillain-Barre syndrome arises from seasonal flu vaccination.
"Establishing enhanced surveillance on Guillain-Barre syndrome has always been part of our pandemic plan because there is an increased risk of this disease after a flu-like illness.
"The HPA is working in collaboration with the Association of British Neurologists Surveillance Unit (BNSU) and the British Paediatric Surveillance Unit (BPSU) who will ask clinicians to report each month whether they have seen any cases of Guillain-Barre syndrome."
According to a story (http://ow.ly/jPVM) linked from http://twitter.com/TexasGuard, one Soldier tells a story of being proud to join such a historic event. Members of the Texas Guard will be sent to Iraq just in time for their 2010 elections. Such a large deployment of the National Guard has not taken place since WWII.
I found this a bit shocking considering the President’s promise to remove our troops from Iraq as quickly as possible. Why then are we deploying the most troops since WWII?
I decided to check regarding other National Guard units. A quick search of ‘national guard historic deployment’ yielded countless results. It seems almost every state is or will be participating in sending a “Historic” amount of troops to Iraq. “The most since WWII”, several sources are quoted.
Here are just a few of the stories:
and the list goes on and on.
From the list, it appears that they have been staggering each states deployment slightly, but slowly moving them all to Iraq. Texas will begin deploying it’s Guard forces in August 2009.
I find myself wondering why in the world we are shipping out all of our Guardsmen to Iraq, at a time when Northcomm is annoucing deployment of an additional 20,000 soldiers here at home to help with domestic terror and civil insurrections. Shouldn’t the National Guard (if any of the branches) be responsible for this kind of thing; and then, only at the Governor’s beck and call.
Does any of this have to do with the recent battles the states governors have been having with the Federal government regarding control of the local Guard forces? If the Governors are saying “No thank you.” and trying to keep control of their own states Guard, then why now are they being sent overseas? What could be so important.
NOTE: DO NOT USE GOOGLE WHEN RESEARCHING, THEY CAN TRACK YOUR INFORMATION. SEE MY OLD POST FROM JULY ON THE DANGERS OF GOOGLE.
Thanks to infowars.com
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More than 150 publicly traded U.S. lenders own nonperforming loans that equal 5 percent or more of their holdings, a level that former regulators say can wipe out a bank’s equity and threaten its survival.
The number of banks exceeding the threshold more than doubled in the year through June, according to data compiled by Bloomberg, as real estate and credit-card defaults surged. Almost 300 reported 3 percent or more of their loans were nonperforming, a term for commercial and consumer debt that has stopped collecting interest or will no longer be paid in full.
The biggest banks with nonperforming loans of at least 5 percent include Wisconsin’s Marshall & Ilsley Corp. and Georgia’s Synovus Financial Corp., according to Bloomberg data. Among those exceeding 10 percent, the biggest in the 50 U.S. states was Michigan’s Flagstar Bancorp. All said in second- quarter filings they’re “well-capitalized” by regulatory standards, which means they’re considered financially sound.
“At a 3 percent level, I’d be concerned that there’s some underlying issue, and if they’re at 5 percent, chances are regulators have them classified as being in unsafe and unsound condition,” said Walter Mix, former commissioner of the California Department of Financial Institutions, and now a managing director of consulting firm LECG in Los Angeles. He wasn’t commenting on any specific banks.
Missed payments by consumers, builders and small businesses pushed 72 lenders into failure this year, the most since 1992. More collapses may lie ahead as the recession causes increased defaults and swells the confidential U.S. list of “problem banks,” which stood at 305 in the first quarter.
Nonperforming loans can eat into a company’s earnings and deplete cash, leaving banks below the minimum capital levels required by regulators. Three lenders with nonaccruing ratios of at least 6.2 percent as of March were closed last week. In addition, Chicago-based Corus Bankshares Inc., Austin-based Guaranty Financial Group Inc. and Colonial BancGroup Inc. in Montgomery, Alabama, each with ratios of at least 6.5 percent, said in the past month that they expect to be shut.
“This is a fairly widespread issue for the larger community banks and some regional banks across the country,” said Mix of LECG, where William Isaac, former head of the Federal Deposit Insurance Corp., is chairman of the global financial services unit.
Ratios above 5 percent don’t always lead to failures because banks keep capital cushions and set aside reserves to absorb bad loans. Banks with higher ratios of equity to total assets can better withstand such losses, said Jim Barth, a former chief economist at the Office of Thrift Supervision. Marshall & Ilsley and Synovus said they’ve been getting bad loans off their books by selling them.
Bloomberg’s list was compiled by screening U.S. banks for nonperforming loans of 5 percent or more, and then ranked by assets. The list excluded U.S. territories and lenders that have already failed. Also left out were the 19 lenders that underwent the Treasury’s stress tests in May; they were deemed “too big to fail” and told by regulators that government capital was available to keep them in business.
Excluding the stress-test list, banks with nonperformers above 5 percent had combined deposits of $193 billion, according to Bloomberg data. That’s almost 15 times the size of the FDIC’s deposit insurance fund at the end of the first quarter.
About 2.6 percent of the $7.74 trillion in bank loans outstanding in the U.S. at the end of March were nonaccruing, the highest in 17 years, according to the most recent data from the FDIC. Nonaccrual loans peaked at 3.27 percent in the second quarter of 1991, during the savings and loan crisis, and averaged 1.54 percent over the past 25 years.
‘Off the Charts’
“These numbers are off the charts,” said Blake Howells, an analyst at Becker Capital Management in Portland, Oregon, referring to the nonperforming loan levels at companies he follows. Banks are losing the “ability to try and earn their way through the cycle,” said Howells, who previously spent 13 years at Minneapolis-based U.S. Bancorp.
Corus, with more than two-thirds of its loans nonperforming, has the highest rate among publicly traded banks. The company said last month that it’s “critically undercapitalized” after five consecutive quarterly losses tied to defaults on condominium construction loans. Randy Curtis, Corus’s interim chief executive officer, didn’t respond to calls for comment.
Marshall & Ilsley, Wisconsin’s biggest bank, reduced its nonperforming loans last month to 5.01 percent from 5.18 percent after selling $297 million in soured loans, mostly residential mortgages in Arizona, the Milwaukee-based company said Aug. 10.
Deadline for Nonperformers
The bank has “been very aggressive in identifying and tackling credit challenges,” Chief Financial Officer Greg Smith said in an Aug. 12 interview. Smith said 26 percent of loans classified as nonperforming are overdue by less than the industry’s typical standard of 90 days. With those excluded, the ratio would be around 3.7 percent, he said.
Synovus, plagued by defaulting construction loans in the Atlanta area, said nonperforming loans rose to 5.4 percent in the second quarter from 5.2 percent the previous period. Disposals of nonperforming assets reached $404 million in the quarter ended in June, the Columbus, Georgia-based company said.
Synovus is selling troubled loans and will continue its “aggressive stance on disposing of nonperforming assets” as long as the level is elevated, spokesman Greg Hudgison said in an e-mailed statement.
Flagstar is based in Troy, Michigan, the state with the nation’s highest unemployment rate. Flagstar has $16.4 billion in assets and reported last month that 11.2 percent of its loans were nonperforming; about two-thirds were home mortgages. Flagstar CFO Paul Borja didn’t return repeated calls for comment.
The bank’s allowance for loan losses was 5.4 percent of total loans at the end of the second quarter, compared with 3.3 percent at Synovus and 2.8 percent at Marshall & Ilsley, according to company filings. All three reported at least three straight quarterly deficits.
The FDIC doesn’t comment on lenders that are open and operating and doesn’t disclose which banks are on its problem list. The agency will probably impose an emergency fee on the more than 8,200 banks it insures in the fourth quarter to replenish the insurance fund, the second special assessment this year, Chairman Sheila Bair said last week. The FDIC attempts to sell deposits and assets of seized banks to healthier firms to avoid eroding the fund, said agency spokesman David Barr.
To determine which banks are most troubled, regulators compare the ratio of nonperforming loans to the percentage of equity a firm has relative to its assets, said Barth, the former OTS economist. A company with 5 percent nonperforming loans and equity of 8 percent is better positioned than one with the same amount of troubled loans and equity of 4 percent, he said.
Flagstar’s equity-to-assets ratio in the second quarter was 5.4 percent, Synovus’s was 8.9 percent and Marshall & Ilsley, which raised $552 million through a stock sale in June, was at 11 percent, according to the banks.
The three lenders that failed last week -- Florida’s First State Bank and Community National Bank and Oregon’s Community First Bank -- all had nonperforming loans above 6 percent and equity ratios below 4.5 percent.
“The nonperforming ratio, in and of itself, should be a great concern,” said Barth, a professor of finance at Auburn University in Alabama and senior finance fellow at the Milken Institute in Santa Monica, California. “It becomes even more troublesome when it goes above 3 percent and the equity-to-asset ratio is quite low.”
While 5 percent can be “fatal” for home lenders, commercial real estate lenders may be able to withstand higher rates, said William K. Black, former lawyer at the Federal Home Loan Bank of San Francisco and the OTS. Commercial loans carry higher interest rates because they’re riskier, he said.
“At the 5 percent range, you’re probably hurting,” said Black, an associate professor of economics and law at the University of Missouri-Kansas City. “Once it gets around 10 percent, you’re likely toast.”
Thanks to bloomberg.com
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WASHINGTON — The United States is resuming a combat training mission in the former Soviet republic of Georgia to prepare its army for counterinsurgency operations in Afghanistan, despite the risks of angering Russia, senior Defense Department officials said Thursday.
The training effort is intended to prepare Georgian troops to fight at NATO standards alongside American and allied forces in Afghanistan, the Pentagon officials said.
Russian officials have been informed, American officials said. The training should not worry the Kremlin, they said, because it would not involve skills that would be useful against a large conventional force like Russia’s.
“This training mission is not about internal defenses or any capabilities that the Georgians would use at home,” said Geoff Morrell, the Pentagon press secretary. “This is about the United States supporting Georgia’s contribution to the war in Afghanistan, which everybody can recognize is needed and valued and appreciated.”
At the same time, officials in Washington said, the Georgians should not see the new training mission as a military counterweight to Russian influence along Georgia’s borders and within the separatist regions they fought over.
A year ago, the republic’s brief, disastrous war with Russia froze a similar American training operation that prepared Georgian troops for deployments to Iraq.
The new training mission is scheduled to begin Sept. 1. The first members of a Marine Corps training and advising team are to arrive in Georgia on Sunday or Monday, and the number of trainers will fluctuate between 10 and 69 over the next six months.
Georgia has pledged an army battalion — about 750 troops — to Afghanistan, and it should be ready to deploy next spring, perhaps by March.
It is unlikely that Kremlin officials could offer a convincing argument that training a single Georgian Army battalion amounted to a threat to Russian security. But the new training could be seen as a launching pad for increased military relations among Washington, NATO members and a former Soviet republic that aspires to NATO membership.
The Kremlin vehemently opposes any extension of NATO’s defensive umbrella over former Soviet republics, in particular Georgia and Ukraine. At the same time, some NATO officials view Georgia’s behavior before the war last year as needlessly provocative, and have said it harmed the country’s chances for alliance membership.
Shortly after taking office, President Obama ordered the doubling of American forces in Afghanistan, to about 68,000, and the administration has sought, with little success, to persuade NATO allies to add to their combat forces.
In contrast to some NATO allies that impose restrictions on where their forces can go and what they can do in Afghanistan, the Georgian military will send its troops with none of these so-called caveats, a decision viewed by American officials as intended to indicate Georgia’s worthiness for potential alliance membership.
Officials said Georgia’s troops would probably be assigned to operations in areas of Afghanistan under Marine command, so the training mission begins that partnership.
The United States has so far rebuffed requests from Georgia to rearm its military after its humiliating defeat by Russia. When the war began, Georgia recalled an army brigade serving in Iraq and never sent it back, and the Americans training the Georgians returned home.
Georgian troops that join the Afghan mission will bring their own small-caliber weapons, but the United States and other allies will supply vehicles, including armored transports, as well as logistical support and daily supplies, according to senior Defense Department officials.
Any weapons provided to the Georgians would stay in Afghanistan, the officials said.
Some military ties between the United States and Georgia resumed after the war with Russia, but they focused on officer development, improvement of command-and-control systems, and other such areas, officials said. There have been visits by senior American military officers and government leaders — most recently Vice President Joseph R. Biden Jr. — and NATO has conducted some military exchanges.
Administration officials familiar with discussions with Russia said American officials emphasized that Russia had endorsed the international security assistance mission in Afghanistan. For example, Russia allows overflight rights and land access for the coalition supply mission for Afghanistan.
A senior Pentagon official, speaking on the condition of anonymity in order to describe the diplomatic communications with Russia, acknowledged that “this is delicate for us — because while we want to be supportive of the Georgians, and look forward to their contribution in Afghanistan, we don’t want to be perceived incorrectly as supplying lethal capabilities that would elicit a Russian response.”
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WASHINGTON — The Pentagon presented a grim portrait of the Afghanistan war Thursday, offering no assurances about how long Americans will be fighting there or how many U.S. combat troops it will take to win.
Defeating the Taliban and al-Qaida will take "a few years," Defense Secretary Robert Gates said, with success on a larger scale in the desperately poor country a much longer proposition. He acknowledged that the Taliban has a firm hold on parts of the country President Barack Obama has called vital to U.S. security.
Congress wants answers to what lawmakers described as basic questions to soothe a war-weary American public.
"In the intelligence business, we always used to categorize information in two ways, secrets and mysteries," Gates, a former CIA director, told a Pentagon news conference.
He added: "Mysteries were those where there were too many variables to predict. And I think that how long U.S. forces will be in Afghanistan is in that area."
With 62,000 U.S. troops already in the country, and another 6,000 headed there by the end of the year, Gates suggested there is little appetite in Washington to add many more.
He said his top commander in Afghanistan, Gen. Stanley McChrystal, is free to ask for whatever he needs, but Gates said when the general submits a revised war plan in the coming weeks it will not contain a request to expand the U.S. fighting force.
McChrystal is expected to identify shortfalls that could be filled by U.S. forces, but a formal request would come only later. The White House has made no secret of its skepticism about further troop additions in Afghanistan, and Gates said Thursday he still was worried that too many American forces could turn Afghans against those trying to help them.
Obama has made Afghanistan one of his top foreign policy priorities. But his administration is grappling with refocusing on Afghanistan, which the U.S. invaded in October 2001 to hunt for Osama bin Laden, while disentangling 130,000 American troops from Iraq.
In a report released earlier this week, the Senate Foreign Relations Committee warned the Obama administration that unanswered questions about lingering U.S. involvement in Afghanistan could frustrate the public.
"The administration has raised the stakes by transforming the Afghan war from a limited intervention into a more ambitious and potentially risky counterinsurgency," the Senate report concluded. "These core questions about commitment and sacrifice can be answered only through a rigorous and informed national debate."
Committee Chairman Sen. John Kerry, D-Mass., cited "risks and rewards associated with our increasing commitment to the war in Afghanistan."
As the fight moves toward its ninth year this fall, Gates said allied forces must show this year that they are turning the tide.
"It's just not possible to predict specific periods of time when you're in a conflict like this, where ... the enemy has a vote and where there are so many variables," Gates said.
Appearing alongside Gates, the nation's second-highest ranking military officer agreed there is no date certain for an exit.
Joint Chiefs Vice Chairman Marine Gen. James Cartwright said he is looking for evidence of U.S. and NATO troops increasingly turning security missions over to Afghan forces as a sign of when Americans might ramp down their presence.
"When you start to see that attitude change, then you start to have a sense that things are going to move in a direction that would be towards the end of the violence side of this equation," Cartwright said.
The Senate report also noted the wide-ranging timeline for U.S. troops in the fight cited by unidentified military leaders, policy-makers and outside experts around Washington: anywhere from two years to over a decade.
"None of the civilian officials or military officers interviewed in Afghanistan and elsewhere expected substantial progress in the short term. They talked in terms of years two, five and 10," the report noted.
The varying timelines, in part, may reflect politics.
Capitol Hill has grown wary of approving annual war chests after years of ever-increasing costs for Iraq. Obama has asked Congress for $68 billion next year to fund defense spending in Afghanistan. The U.S. ambassador to Afghanistan, Karl Eikenberry, recently asked for another $2.5 billion in nonmilitary spending, The Washington Post reported this week.
Military officials believe the Afghanistan mission can only succeed if troops are there far longer – anywhere from five years to 12 years.
Cartwright suggested that some changes will be needed "pretty soon."
"The IED fight is pretty lethal," Cartwright said, referring to improvised explosive devices left on roadsides which are now the cause of the majority of U.S. and NATO deaths.
Last month 49 coalition troops died in bomb attacks, a more than six-fold increase from the eight killed in roadside and suicide bomb attacks in July 2008, according to U.S. figures.
Thanks to huffingtonpost.com
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Posted by Neo at 02:28