Monthly Archives: January 2014

Maryland Judge Opens “Legal” Door to Investigate Obama’s Fraudulent Social Security Number

 

Judge Makes Order To Investigate Obama’s Social Security Number

It took years for Watergate to unravel fully. The controversy over Barack Hussein Obama and his past, along with fraudulent documents continues to make headlines. Yet, the items needed to actually verify who Obama is continue to be kept from the public eye. Well, that all may be about to change. Attorney Orly Taitz may have just found a chink in the federal government’s armor in protecting Barack Obama from scrutiny, following a judge’s ruling over her Freedom of Information Act request from the Social Security Administration.

Taitz has claimed that Obama uses the Social Security number of Harry Bounel and has submitted several Freedom of Information Act requests for the information from the Social Security Administration. Each time, she has been met with stonewalling by the Social Security Administration.

However, Judge Ellen Lipton Hollander has ruled to give Taitz “an opportunity to file a second amended complaint and add allegations of SSA not doing a proper search and withholding records.”

From Taitz’s Press Release:

Judge Hollander in Maryland gives Attorney Orly Taitz 21 days to file a second amended complaint and add allegations in regards to an improper withholding by the Social Security Administration of records of Harry Bounel, whose Social security number is being illegally used by Barack Obama. When Taitz filed the complaint, SSA did not respond at all. After the law suit was filed, SSA responded by fraudulently claiming that the records were not found. Taitz responded that this is a fraudulent assertion, since the records were found before and denied to another petitioner due to privacy concerns, however Social Security has no right to claim privacy as according to their own 120 year rule they have a duty to release the records. The judge stated that the plaintiff Taitz might be correct, however at this time she cannot rule in her favor as her original complaint was filed before SSA responded, so the judge gave Taitz an opportunity to refile a second amended complaint and add new allegations, stating the SSA responded but improperly hidden the records . This is a great development. This all but assures that the judge will order the SSA to release the SS-5, Social Security application of resident of CT, Harrison (Harry) Bounel, whose CT SSN 042-68-4425 was stolen by Obama and used in Obama’s 2009 tax returns, which initially were posted on WhiteHouse.gov without proper redaction, without flattening of the file. Taitz will be very careful not to be Breitbarted or Fuddied in the next 21 days.

Additionally, there is an increased tampering with the web site of Orly Taitz and with her ability to send mass -emails. It seems her private server is somehow affected and Taitz is unable to send mass e-mails on two different programs.

It’s interesting that Taitz points out that she will be “careful not to be Breitbarted or Fuddied,” indicating that she believes that both Andrew Breitbart and Andrew Breitbart and Loretta Fuddy were targeted by Obama for assassination.” Breitbart died on the very day that he said he would begin vetting Obama for the 2012 elections, which raised suspicions. Fuddy, best remembered as being instrumental in issuing the Hawaii long-form birth certificate, was the only person to die aboard a small plane that crashed off the coast of Hawaii last week. Already, there are questions surrounding the narrative of her death.

Taitz alleged that Mr. Bounel was born in 1890, and therefore, under the “’120 Year Rule’ implemented by the SSA in 2010,” pertaining to “‘extremely aged individuals,’” Bounel’s “Social Security applications have to be released under FOIA without proof of [his] death . . . .”

The reason for the judge’s amendment seems to be a procedural one. Taitz filed suit with the court prior to receiving word back from her Freedom of Information Act request, which she did receive on July 29, 2013 from Dawn S. Wiggins, a Fredom of Information Officer. Wiggins replied to Taitz:

I have enclosed a copy of the SS-5s for Mr. Tsarnaev and Ms. Dunham. . . .

We were unable to find any information for Mr. Bounel based on the information you provided to us. Mr. Bounel may not have applied for a Social Security number (SSN) or may have given different information on the application for a number.

It appears that once the amendment is submitted, this may force the Social Security Administration to explain exactly what is going on with Barack Obama’s Social Security number.

We should know something about the case by the second week in January 2014.

It is within the above backdrop/prism that the mysterious death of Loretta Fuddy (Hawaii’s ex DOH Director) occurred, VERY SOON after Arpaio’s team announced criminally explosive findings re-eligibility. COINCIDENCE – OR NOT?

One also has to wonder: why precisely wasn’t the above preliminary decision (whatever the court finally decides, to hear the fraud case or not…truth be told, the judge will have her arms twisted…only the form it takes is anyone’s guess) SPLASHED all over the media’s airwaves? Don’t waste time thinking over this conundrum…what a head scratcher!

With these trails firmly in mind, the CRIME/HEIST OF THE CENTURY becomes Obama’s FORGED documents via his red/green accomplices, leading to an IMPERIAL Presidency!

Found at:  http://www.theminorityreportblog.com/2014/01/30/maryland-judge-opens-legal-door-to-investigate-obamas-fraudulent-social-security-number/

 

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HOORAY – 53-46 vote U.N. small arms treaty (No votes from Texas …,

 

Found on John’s site:  http://nesaranews.blogspot.com/2014/01/hooray-53-46-vote-un-small-arms-treaty.html

CAN  YOU BELIEVE THIS…….all democrats 

          HOORAY – 53-46 vote U.N. small arms treaty
  This  is that brief, glorious moment in history
when everyone  stands around…reloading.
 
Now, Which 46  Senators Voted to Destroy Us?  Well, let their names become known !! See below
 
In a 53-46 vote, the  Senate narrowly passed a measure that will stop the United States from entering into the United  Nations Arms Trade Treaty.  The Statement of Purpose from the Bill  reads:  “To uphold Second Amendment rights and prevent the United States from entering into the United  Nations Arms Trade Treaty.”  The U.N. Small Arms Treaty, which has  been championed by the Obama Administration, would have effectively placed a  global ban on the import and export of small firearms.  The ban would  have affected all private gun owners in the U.S. and had language that would have  implemented an international gun registry, now get this, on all private  guns and ammo.
 
Astonishingly, 46  out of our 100 United States Senators were willing to give away  our Constitutional rights to a foreign power.
 
Here are the 46  senators who voted to give your rights to the U.N.
Baldwin (D-WI)
Baucus (D-MT)
Bennett (D-CO)
Blumenthal (D-CT)
Boxer (D-CA)
Brown (D-OH)
Cantwell (D-WA)
Cardin (D-MD)
Carper (D-DE)
Casey (D-PA)
Coons (D-DE)
Cowan (D-MA)
Durbin (D-IL)j
Feinstein (D-CA)
Franken (D-MN)
Gillibrand (D-NY)
Harkin (D-IA)
Hirono (D-HI)
Johnson (D-SD)
Kaine (D-VA)
King (I-ME)
Klobuchar (D-MN)
Landrieu (D-LA)
Leahy (D-VT)
Levin (D-MI)
McCaskill (D-MO)
Menendez (D-NJ)
Merkley (D-OR)
Mikulski (D-MD)
Murphy (D-CT)
Murray (D-WA)
Nelson (D-FL)
Reed (D-RI)
Reid (D-NV)
Rockefeller (D-WV)
Sanders (I-VT)
Schatz (D-HI)
Schumer (D-NY)
Shaheen (D-NH)
Stabenow (D-MI)
Udall (D-CO)
Udall (D-NM)
Warner (D-VA)
Warren (D-MA)
Whitehouse (D-RI)
Wyden (D-OR)
 
Folks: This needs  to go viral. These Senators voted to let the UN take OUR guns.  They  need to lose their next election.  We have been betrayed.
46 Senators Voted  to Give your 2nd Amendment Constitutional Rights to the U.N.
Please send this to  SOMEONE!
 

FACT CHECK #95

“……In a future essay I will be focusing on the re-emergence of Vietnam into the global economy.  But for now I’d like to bring notice to the fact that their economic growth is astounding with a middle class that is swelling and an economy that is attracting huge investment.  Vietnam has the lowest unemployment rate on the planet. Samsung is moving its factories into Vietnam.  Russia has signed an agreement with Vietnam to build a $28 Billion oil refinery, the second largest in all of Asia, with more to come.  Even Starbucks is getting into the Vietnam craze.

The Vietnamese people hold 300 to 400 tonnes of personal gold.  That is equal to or greater than the gold holdings of Great Britain. The State Bank of Vietnam is planning on converting this gold into dong deposits with the intent of strengthening the currency.  Add this to the gold that will be imported into the vaults of the central bank through the Shanghai Gold Exchange, and you have the makings of a very strong regional power.  I would suspect that Vietnam will become a contributing member too the BRICS Development Bank and the SDR compositions for the region.”

============================================================================

We thought this article was very interesting for many who feel that Vietnam is still a backwater surrounded by rice paddies and crumbling temples, without any hope of seeing a valuable currency.

Even more interesting is the comment on gold and its use to provide the kind of hard metal backing that will allow the currency to appreciate in value within the framework of the new gold backed system of international exchange, which will replace the USD as the reserve standard. 

The articles on this blog, so far, have been some of the best we have seen in clarifying the new horizons. And overall, it lends further credibility to the absolute fact that the GCR is real.

Vietnam is just one example of the 20 countries set to see their currencies revalue up and down, including the USD. 

Hold on to your hats. 2014 is going to be one for the books.

WHA

http://whitehatauxiliaries.wordpress.com/2014/01/30/fact-check-95/

 

SDR’s and the New Bretton Woods – Part One

Some real heavy duty writings from this writer, JC Collins.  Link to part 2 in the bottom.

 

BRICS Inject Capital into I.M.F. Basket of Currencies

Jan 21, 2014

By JC Collins

In my previous post I briefly explained how China was in the process of assuming the liabilities of the Federal Reserve, in addition to their already held liabilities of the U.S. Treasury.  Such a strong statement will require even stronger evidence.  This I will attempt to achieve over this multi-part essay. 

one-world-currency

“The legislative process is underway right now. We want the reforms to be adopted expeditiously. It’s really the U.S. Treasury, Jack Lew and his team that’s taking the lead on getting these measures through the U.S. Congress that are required to implement the 2010 reforms.”

“Just to remind you what those are, the 2010 reforms do a couple things. One, they bring four dynamic emerging market countries into the top 10 shareholder ranks or what we call quota ranks of the institution. China, Brazil, Russia, India. It also doubles our permanent capital, the quota. And it also creates a fully elected Executive Board.” 

                          – William Murray, I.M.F. Deputy Spokesman, Jan 9, 2014.

“The IMF is explicit in its antidemocratic leanings, what it calls “political considerations”.  The SDR blueprint calls for the appointment of “an advisory board of eminent experts” to provide direction on the amount of money printing in the new SDR system.  Perhaps these “eminent experts” would be selected from among the same economists and central bankers who led the international monetary system to the brink of destruction in 2008.”

                                   – James Rickards, Currency Wars, Penguin Group, 2011

 _______________________________________________________________________________

G. Edward Griffin’s mind altering “The Creature from Jekyll Island” introduced many of us to the somewhat hidden history of the U.S. Federal Reserve.  It told of how the Federal Reserve Act was passed in Congress during the Christmas break in the year 1913.  It was insidious.  And it changed the course of human history, as it planted the seed of what would slowly grow to become the world’s reserve currency.

 

Though the U.S. dollar didn’t become the official reserve currency until the Bretton Woods Agreement of 1944, it is commonly accepted that the dollar had already usurped the British pound of this title well before it was officially acknowledged. As I believe the U.S. dollar has now already been usurped by another.  We’ll get back to that in a while.

There was another event which took place in the year 1913 which has been little understood or known at all in the western world today.  After the collapse of the Manchu Dynasty in 1911, the remaining Government of the Chinese Republic issued bonds to foreign investors for the purpose of raising capital to rebuild the country.  These bonds were titled the 1913 Chinese Government 5% Reorganization Gold Loan.  Emphasis on the word gold for later reference.

These bonds were pegged to the price of gold as a hedge against future inflation and were denominated in four currencies.  The underwriting banks for the bonds reflect the four currencies which the bonds were interchangeable with at the time, which are now known as HSBC, Deutsche Bank, the Bank of Tokyo-Mitsubishi UFJ, and Caylon – Credit Agricole Corporate and Investment Bank.

Keep in mind that these bonds were issued in the same context as the U.S. Treasury Bonds which the world’s central banks have been gobbling up since 1944. These bonds had a yield.  These bonds have never fully been acknowledged by the Chinese government.  As a part of the deal with the British government for the return of Hong Kong, the People’s Republic of China did honor 10% of the outstanding bonds at about 62% of the face value.  And what I can say at this time is that there is in fact a deal in the works for a final payout on the remaining bonds.  We’ll get back to that in a while.

10323072_1

In 1944, as a part of the Bretton Woods system, the International Monetary Fund and the World Bank were created.  These were western dominated institutions whose sole purpose was organizing foreign markets for the acceptance of U.S. dollars.  We will leave the full explanation of these institutions and their role in structuring our current debt based system for another essay series, but for our purposes here, it’s important to understand that they propagated the exporting of dollar inflation to what we now call the “emerging markets”, or the BRICS countries.

Since the initial printing of the Federal Reserve Note (U.S. dollar) in 1913, the “dollar” has lost 95% of its value.  We see this devaluation of the dollar as inflation, or the increase of costs for items we buy.  This devaluation of the dollar has had a few milestones.  One is after the Bretton Woods Agreement when the dollar became the primary reserve currency of the world.  The second came when President Richard Nixon uncoupled the dollar from its peg with gold.  This was in 1971.  A third milestone can be argued to be in 1973, when the so called “petrodollar” was created with agreements between the U.S. and Saudi Arabia, and later all the OPEC countries.  This “petrodollar” scheme ensured that all oil trades were completed internationally in U.S. dollars.  This was a slight-of-hand from the Bretton Woods arrangement to the “petrodollar” arrangement.

A fourth milestone was obviously the onset of Quantitative Easing after the financial crisis of 2008.  The chart below clearly shows how with each milestone the amount of debt (money printing) by the U.S. Treasury and Federal Reserve tag team has been multiplied dramatically leading to inflation.  This is shown by an increase in the red line, which represents CPI – Consumer Price Index, the amount you pay for stuff.

20131212_Fed1

The only end to this pattern is an end to the dollar as the world’s primary reserve currency.  Just like the British pound before it.  In the chart below you’ll notice the same gradual downward pattern as the U.S. dollar.

BritishPound1791-2004NOTES

The central banks of the world were buying up U.S. treasuries before the British even accepted that there was a problem with the pound.  The same is happening today with the dollar.  In fact, most of the world outside the United States has already accepted the demise of the dollar as fact.  But the idea is unfathomable to the average American.

The International Monetary Fund issues a currency called SDR – Special Drawing Rights.  The SDR’s are valued on a basket of currencies.  In essence, it’s a true to life multiply reserve currency system.  It has been slowly built up since the early 1970’s, at the same time the U.S. dollar started its serious devaluation.  Could the plan have been in place since 1971 to end the dollar system through hyperinflation before implementing the SDR as a true world currency?  Perhaps.

On January 9, 2014, I.M.F. Deputy Spokesman William Murray was giving a press briefing.  With zero coverage of this briefing in the western media, it’s important to relay what happened when the questioned was asked about the implementation of the 2010 Code of Reforms, or Governance Reforms.  Mr. Murray answered by stating:

“The legislative process is underway right now. We want the reforms to be adopted expeditiously. It’s really the U.S. Treasury, Jack Lew and his team that’s taking the lead on getting these measures through the U.S. Congress that are required to implement the 2010 reforms.”

It seems both the U.S. Treasury and the I.M.F. are very anxious about these reforms.  So what are they?

“Just to remind you what those are, the 2010 reforms do a couple things. One, they bring four dynamic emerging market countries into the top 10 shareholder ranks or what we call quota ranks of the institution. China, Brazil, Russia, India. It also doubles our permanent capital, the quota. And it also creates a fully elected Executive Board.” 

This tells us a few important things.  One, the influence of the BRICS countries within the structure of the I.M.F. is going to be greatly expanded.  As stated, they will be in the top 10 shareholder ranks.  These are positions previously dominated by western financial and U.S. dollar interests.  The gravity of this statement cannot be understated.

Second, it’s telling us that the BRICS countries are bringing capital with them.  Enough capital in fact, to double what the I.M.F. presently holds on reserve.  The BRICS countries will be injecting a huge amount of capital into the SDR system.  One only has to research the amount of gold being exported to the BRICS countries, especially China, to understand where this capital, or worth, will come from.  We’ll get back to that in a while.

Thirdly, expanding the influence of the BRICS countries within the structure of the I.M.F. also “creates a fully elected Executive Board”.  The Executive Board of the I.M.F. is responsible for SDR allocation.  Let that sink in for a moment.  The BRICS countries are going to have an equal say on SDR allocation.  The SDR is being built up as the world’s reserve currency.  The value of the SDR will be based on a basket of currencies.  And the U.S. Treasury is pushing congress to make this happen.

On August 5, 2013, the Peoples Bank of China called for a “New Bretton Woods” system where the U.S. dollar would be removed as the world’s primary reserve currency.  It also called for an expanded usage of the SDR and for the new system to be supported by gold.

In Part Two, we will explore how the U.S. debt, being the liabilities of both the Treasury and the Federal Reserve, will be consolidated with the treasury bonds held by China and rolled into the new SDR system.        – JC Collins

Continue to SDR’s and the New Bretton Woods – Part Two

http://philosophyofmetrics.com/2014/01/21/sdrs-and-the-new-bretton-woods-part-one/

America’s Karma and World War Two Gold Theft

 

source:  http://philosophyofmetrics.com/2014/01/30/americas-karma-and-world-war-two-gold-theft/

And the Gold Recovery Attempts of the Korean and Vietnam Wars

Jan 30, 2014

By JC Collins

Missouri_Fires_16inch_Broadside!

This essay serves as an Addendum to one of my previous posts titled “China to Purchase the Federal Reserve”.  The article itself has generated a lot of interest and many questions.  Such things are not easy to prove and take book length discourses to fully understand and grasp the complexity of not just the process, but also the history behind it.  Such are the expectations of pivotal events.

Let’s back track 100 years to 1913 and the creation of the Federal Reserve.  The Fed was set up as the central bank of the United States.  It has a 100 year mandate (there are questions about extensions) and quickly went to work printing money and building up the American war machine for World War One which began the very next year.

 

The hidden purpose of World War One was the take down of one of the two last monarchies in Europe.  The Austro-Hungarian Empire was a “dual monarchy” created in 1867 as an agreement between Hungary and Austria for the purpose of defense against the onslaught of revolutions initiated by banking powers.  These revolutions started with the French Revolution as a means to overthrow Europe’s monarchy’s and plant the design of the modern state in the minds of the people.  The form of government and banking systems that spewed forth from this injustice slowly crawled from country to country, digging its roots into the industries and cultures of the conquered lands.

The second monarchy was Russia.  Also by design, the bankers created dismal economic conditions within Russia which in turn, through propaganda, was blamed on the Romanov royal family.  This, as we know, led to the Bolshevik Revolution and the installation of the synthesis to democracies thesis, communism.  See my previous post for a brief explanation on the usage of the Hegelian Dialectic.

The bankers quickly went to work in Austria on a plan to economically destroy Germany and build it back up as the Third Reich.  Similar patterns were unfolding in Asia with the rise of Imperial Japan.

World War Two officially began in September of 1939.  Like World War One, there was a hidden purpose.  This time it was the theft of gold held in both Europe and Asia.  The lands conquered by both armies were stripped of their gold reserves which were then sent back to the vaults of the western banks.  Most of this gold eventually ended up in Fort Knox as both official and unofficial gold deposits of the Federal Reserve System.  There is plenty of information available on Nazi Gold to satisfy the inquisitive mind so I will not elaborate here.

Gold Storage

Once the gold hoards were shipped west, America finally became embroiled in the war to help clean up the debris left over from the bankers gold theft.  This afforded the bankers another opportunity to earn great returns as they funded both sides of the war and literally made a killing.

But the Japanese did something unexpected.  They hid some of the gold in the tunnels and caves of the lands they conquered in Asia.  The bankers quickly caught on to this scam riding under their scam and became furious enough to drop two atomic bombs on Japan.  Fat Man and Little Boy aside, the bankers never got the gold and it was quietly moved into other locations.  Most likely it never stayed in one place for too long.

Not to be deterred, the bankers continued to build up their war machine into the American military industrial complex and set it loose upon Korea and eventually Vietnam in search of the Yamashita Gold.

There are many reasons why the bankers wanted this gold.  Traditionally gold moves towards regions that manufacture and the western world was modernizing with manufacturing as the driving force.  In order for manufacturing to continue increasing, it needed funding.  Funding came from the debt creation system that put money into circulation.  In order to print more debt, somebody needed to hold it.  The U.S. could not hold all the debt within the country because it would cause too much inflation.  As such, inflation needed to be exported to countries with markets which had been “engineered” specifically to import that inflation.  Obviously the people of these countries suffered the inflation through poor living standards and working conditions.

Note:  This is exactly what has been happening and will continue to happen in America as manufacturing has fled its shores too cheaper markets.  The gold soon followed and the living and working conditions have been getting poorer and poorer for the majority of average Americans.  This is the karma which is being exacted upon America for endless war and debauchery.

vietnam-war-rare-incredible-pictures-history

The history of our world and its wars is the history of the movement of gold.  From ancient Babylon to today, gold is the backbone of development and economic security.  Anything you hear different is simply propaganda spewing forth from the feces spigots of television sellouts who are milking an almost empty system before discarding the carcass upon the heap of history.

Gold is on the move once again.  In a big way.  Much of it going to the Chinese government and the People’s Bank of China.  Things have increased even more dramatically in the last few weeks as the Shanghai Gold Exchange has had 159 tons of gold withdrawn since January 1st. The JP Morgan gold vault has seen 44% of its inventories depleted just in the last 4 days.  Let’s not forget that the JP Morgan vault is now owned by China. Where is this gold going?

China has been setting up gold vaults throughout Asia. Vaults will not sit empty for long.

The new economic system being slowly implemented through the I.M.F. with the support of China is paying greater attention to the geographical locations of central bank gold vaults.  These locations will be in the ASEAN members as well as mainland China.  Some of the countries importing gold into central bank vaults are Vietnam, the Philippines, Singapore, Thailand, and Indonesia.

The gold which was stolen is being returned.  It took a world war to get the gold but there will be no war to get it back.  It’s already moving.  This deserves repeating, there will be no major war over this gold movement.

In the near future the Comox will no longer price gold as the Shanghai Gold Exchange will set the fixed rates along with the I.M.F. SDR framework agreements. Gold trade settlements will be structured in SDR’s but managed through the Shanghai Free Trade Zone.  From there we drop another level to the RCEP, or Regional Comprehensive Economic Partnership, comprised of the ASEAN members as well as Japan (no war with China), South Korea, Australia, New Zealand, and India.

In a future essay I will be focusing on the re-emergence of Vietnam into the global economy.  But for now I’d like to bring notice to the fact that their economic growth is astounding with a middle class that is swelling and an economy that is attracting huge investment.  Vietnam has the lowest unemployment rate on the planet. Samsung is moving its factories into Vietnam.  Russia has signed an agreement with Vietnam to build a $28 Billion oil refinery, the second largest in all of Asia, with more to come.  Even Starbucks is getting into the Vietnam craze.

Hanoi vietnam city

The Vietnamese people hold 300 to 400 tonnes of personal gold.  That is equal to or greater than the gold holdings of Great Britain. The State Bank of Vietnam is planning on converting this gold into dong deposits with the intent of strengthening the currency.  Add this to the gold that will be imported into the vaults of the central bank through the Shanghai Gold Exchange, and you have the makings of a very strong regional power.  I would suspect that Vietnam will become a contributing member too the BRICS Development Bank and the SDR compositions for the region.

A long way Vietnam has come from the American military onslaught and attempted Yamashita gold theft.  It’s almost fitting that the small country and its people which were bombed and killed by the Federal Reserve military machine will now be the partial holder of the official gold that once sat within the hollowed walls of the now empty Fort Knox.

Could this be the ultimate triumph of Confucianism over Platonism? The shame of the Asian Confucian cultures once subjected to the western idealism of Plato. And now the guilt that the west must feel as the karma is balanced.

And now the Federal Reserve System is almost dead, as the Chinese pick at the bones of what was once their tormentor.  The new Federal Reserve will issue the U.S. foreign bonds in the form of SDR compositions.  These bonds will be for international use only.  The Trans Pacific Partnership will be the pipeline for these international SDR’s as they are spewed forth from the Federal Reserve.  The allocation will be structured around the SDR basket compositions as I’m detailing in “SDR’s and the New Bretton Woods”.

The internal U.S. dollar will be issued through the Treasury.  Guess who will purchase these bonds?  If you guessed your pension fund, then you’re on the right track.  The timing of the MyRA announcement was not coincidental.  Nothing is.  – JC

http://philosophyofmetrics.com/2014/01/30/americas-karma-and-world-war-two-gold-theft/

go read some other articles on that site, good stuff.

Bill Clinton’s loving wife, AN ANALYSIS WORTH READING:

 

Be sure to read the bottom sentence……”Think about it”

Wednesday, January 29, 2014

Bill Clinton’s loving wife
AN ANALYSIS WORTH READING:    (and to think about when it is election time….)
 
by Dick Morris, former political advisor to President Bill Clinton 
 
If you happen to see the Bill Clinton five minute TV ad for Hillary in which he introduces the commercial by saying … he wants to share some things we may not know about Hillary’s background . . 
 
Beware as I was there for most of their presidency and know them better than just about anyone, I offer a few corrections; 
 
Bill says: “In law school Hillary worked on legal services for the poor.” 
 
The facts are: Hillary’s main extra-curricular activity in law school was helping the Black Panthers, on trial in Connecticut for torturing and killing a federal agent. 
 
She went to court every day as part of a law student monitoring committed to trying to spot civil rights violations and develop grounds for appeal. 
 
Bill says: “Hillary spent a year after graduation working on a children’s rights project for poor kids.” 
 
The facts are: Hillary interned with Bob Truehaft, the head of the California Communist Party. 
 
She met Bob when he represented the Panthers and traveled all the way to San Francisco to take an internship with him. 
 
Bill says: “Hillary could have written her own job ticket, but she turned down all the lucrative job offers.” 
 
The facts are: She flunked the DC bar exam, yes, flunked, it is a matter of record, and only passed the Arkansas bar. 
 
She had no job offers in Arkansas , none, and only got hired by the University of Arkansas Law School at Fayetteville because Bill was already teaching there. 
 
She did not join the prestigious Rose Law Firm until Bill became Arkansas Attorney General and was made a partner only after he was elected Arkansas Governor. 
 
Bill says: “President Carter appointed Hillary to the Legal Services Board of Directors and she became its chairman.” 
 
The facts are: The appointment was in exchange for Bill’s support for Carter in his 1980 primary against Ted Kennedy. 
 
Hillary then became chairman in a coup in which she won a majority away from Carter’s choice to be chairman. 
 
Bill says: “She served on the board of the Arkansas Children’s Hospital.” 
 
The facts are: Yes she did. But her main board activity, not mentioned by Bill, was to sit on the Wal-Mart board of directors, for a substantial fee. 
 
She was silent about their labor and health care practices. 
 
Bill says: “Hillary didn’t succeed at getting health care for all Americans in 1994 but she kept working at it and helped to create the Children’s Health Insurance Program (CHIP) that provides five million children with health insurance.” 
 
The facts are: Hillary had nothing to do with creating CHIP. It was included in the budget deal between Clinton and Republican Majority Leader Senator Trent Lott. 
 
I know; I helped to negotiate the deal. The money came half from the budget deal and half from the Attorney Generals’ tobacco settlement. Hillary had nothing to do with either source of funds. 
 
Bill says: “Hillary was the face of America all over the world.” 
 
The facts are: Her visits were part of a program to get her out of town so that Bill would not appear weak by feeding stories that Hillary was running the White House. 
 
Her visits abroad were entirely touristic and symbolic and there was no substantive diplomacy on any of them. 
 
Bill says: “Hillary was an excellent Senator who kept fighting for children’s and women’s issues.” 
 
The facts are: Other than totally meaningless legislation like changing the names on courthouses and post offices, she has passed only four substantive pieces of legislation. 
 
One set up a national park in Puerto Rico . 
 
A second provided respite care for family members helping their relatives through Alzheimer’s or other conditions. 
 
And two were routine bills to aid 911 victims and responders which were sponsored by the entire NY delegation. 
 
Presently she is trying to have the US memorialize the Woodstock fiasco of 40 years ago. 
 
Here is what bothers me more than anything else about Hillary Clinton. 
 
She has done everything possible to weaken the President and our country (that’s you and me!) when it comes to the war on terror. 
 
1. She wants to close GITMO and move the combatants to the USA where they would have access to our legal system. 
 
2. She wants to eliminate the monitoring of suspected Al Qaeda phone calls to/from the USA . 
 
3. She wants to grant constitutional rights to enemy combatants captured on the battlefield. 
 
4. She wants to eliminate the monitoring of money transfers between suspected Al Qaeda cells and supporters in the USA 
 
5. She wants to eliminate the type of interrogation tactics used by the military & CIA where coercion might be used when questioning known terrorists even though such tactics might save American lives. 
 
One cannot think of a single bill Hillary has introduced or a single comment she has made that would tend to strengthen our country in the War on Terror. 
 
But, one can think of a lot of comments she has made that weaken our country and makes it a more dangerous situation for all of us. 
 
Bottom line: 
 
She goes hand in hand with the ACLU on far too many issues where common sense is abandoned. 
 
Share this with every male and female democrat you know … ask them to prove Dick Morris wrong. 
 
Think about it – he (Dick Morris) said all of this openly, thus if he were not truthful he’d be liable for defamation of character! And you better believe Hilary would sue him. 
 

Let Banks Fail Is Iceland Mantra as 2% Joblessness in Sight

 

By Omar R. Valdimarsson Jan 27, 2014 7:51 AM ET

Iceland let its banks fail in 2008 because they proved too big to save.

Now, the island is finding crisis-management decisions made half a decade ago have put it on a trajectory that’s turned 2 percent unemployment into a realistic goal.

While the euro area grapples with record joblessness, led by more than 25 percent in Greece and Spain, only about 4 percent of Iceland’s labor force is without work. Prime MinisterSigmundur D. Gunnlaugsson says even that’s too high.

“Politicians always have something to worry about,” the 38-year-old said in an interview last week. “We’d like to see unemployment going from where it’s now — around 4 percent — to under 2 percent, which may sound strange to most other western countries, but Icelanders aren’t accustomed to unemployment.”

The island’s sudden economic meltdown in October 2008 made international headlines as a debt-fueled banking boom ended in a matter of weeks when funding markets froze. Policy makers overseeing the $14 billion economy refused to back the banks, which subsequently defaulted on $85 billion. The government’s decision to protect state finances left it with the means to continue social support programs that shielded Icelanders from penury during the worst financial crisis in six decades.

Debt Relief

Of creditor claims against the banks, Gunnlaugsson says “this is not public debt and never will be.” He says his main goal while in office is “to rebuild the Icelandic welfare state.”

Though bank creditors, many of them hedge funds, are still trying to recoup their money, Iceland’s approach has won praise from the International Monetary Fund and from numerous economists, including Nobel Laureate Paul Krugman.

Successive Icelandic governments have forced banks to write off mortgage debts to help households. In February 2010, 16 months after Kaupthing Bank hf, Glitnir Bank hf and Landsbanki Islands hf failed, unemployment peaked at 9.3 percent. The rate was 4.2 percent in December, according to Statistics Iceland. In the euro area, unemployment held at a record 12.1 percent in November, Eurostat estimates.

“Even though the situation is a lot better here than in many other countries, having over 4 percent unemployment is something we don’t want,” said Gunnlaugsson, whose government was elected in April.

Welfare Spending

The government’s 2014 budget sets aside about 43 percent of its spending for the Welfare Ministry, a level that is largely unchanged since before the crisis. According to Stefan Olafsson, a sociology professor at the University of Iceland, the nation’s focus on welfare has been key in restoring growth.

The economy will expand 2.7 percent this year, according to the Organization for Economic Cooperation and Development. That’s better than the average for the OECD-area as a whole, which will grow 2.3 percent, the Paris-based group estimates.

Still, Iceland’s efforts to resurrect its economy have been far from smooth, Olafsson said. Inflation, which peaked at 19 percent in January 2009, has hurt Iceland more than most other countries because most mortgages are linked to the consumer price index. Though the set-up protects investors, households see their debt burdens grow as prices rise. Inflation was 4.2 percent in December.

Inflation Pain

“Although we’re spending more on welfare matters today than before, we have to keep in mind that purchasing power has gone down since 2008,” Olafsson said in an interview. “On top of increasing spending in the health care and education systems, the government should place emphasis on increasing people’s purchasing power. That’s the biggest single task.”

Most of Iceland’s inflation has come via the exchange rate, which has been protected by capital controls since plunging 80 percent offshore against the euro at the end of 2008. Gunnlaugsson says any efforts to scale back existing currency restrictions will only take place at a pace that safeguards krona stability.

“It is a problem that can be solved, and can be solved quite fast,” Gunnlaugsson said.

The krona has appreciated around 10 percent against the euro over the past 12 months. Still, today’s rate of about 157 per euro compares with an average of 88 in 2007, a year before the island’s financial collapse. It slid 0.04 percent to 157.02 as of 12:50 p.m. in Reykjavik.

To support households, Gunnlaugsson in November unveiled a plan to provide as much as 7 percent of gross domestic product in mortgage debt relief. The government intends to finance the plan, which the OECD has criticized as being too blunt, partly by raising taxes on banks.

Capital Controls

Iceland’s hard-line against banks and their creditors has prompted warnings that the nation may struggle to find an investor base once capital controls are lifted. That hasn’t stopped the government issuing two dollar bonds since 2008.

Gunnlaugsson’s welfare pledge comes as other Nordic governments reassess their commitment to state-funded programs. Denmark has scaled back its universal welfare program as more citizens are means tested. In Sweden, a government that has delivered multiple rounds of income tax cuts looks set to lose elections this year as voters pine for a return to more state spending. Krugman this month cautioned Scandinavian governments against pushing through further cuts. According to Gunnlaugsson, government support and economic growth go hand in hand.

“First and foremost we of course want to see stability,” Gunnlaugsson said. “Increased political stability will mean more investment, more jobs, more creation of wealth, so that we can continue to maintain the Icelandic welfare state.”

To contact the reporter on this story: Omar R. Valdimarsson in Reykjavik at valdimarsson@bloomberg.net