alles für eine lange Nacht: aus einem US-Forum geholt - wo ist die Brille?

verfasst von Emerald, 05.06.2004, 22:49

-->THE INTERNATIONAL FORECASTER
> MAY 2004 (#4) Vol. 8 No. 5-4
> This is from a newsletter of Bob Chapman. Conspiracy economist. Sees
transnational
> forces wanting to break the economic/military power of the US. His
> newsletter gives the details week by week for investors. Lots of
fear of
> course. I read it to get a view, a picture of what the world will
be like
> from where he sits. And to see HOW the bad guys may be doing it to
keep a
> step ahead. What do you think?
>
>
> US MARKETS
> As the Fed creates massive amounts of aggregates, the administration
> creates ever-larger deficits daily. There is no sign that either
the Fed
> or the Bush neocons are going to ease up anytime soon. Irrespective
of
> government statements, inflation is running at about 9.5%. Currently
> inflation is rising faster than interest rates and we expect that to
> continue as long as the Fed massively feeds the system and Mr. Bush
and
> Congress create newer and bigger deficits. This is similar to the
way it
> began in the late 1960s at the beginning of gold's last great run.
Today
> we have record budget and current account deficits that dwarf those
of
> that period. Congress and the administration have no inclination to
in any
> way cut spending and on top of that, we have perpetual war for
perpetual
> peace. The stock market will top out finally this fall as the
prolonged
> bear market rally is completed. If the Fed continues its madness as
it did
> in the 1970s then interest rates could again reach a Fed fund level
of
> 16.39%. We are currently at 1%. Today we have a nation that
although they
> won't admit it, lives in fear of its government. Where else today
can you
> say something misinterpreted by an employer at an airport and be
> prosecuted? Where else can you have your phone tapped for writing
the IF?
> Only in America. These are not universal values; these are the
trappings
> of a police state. If you put all the above together you come up
with a
> crisis and that is where we are headed.
> Exporting dollars is becoming a major American industry; $30 billion
> goes to Latin America every year and of that $14.5 billion goes to
Mexico.
> Fifty percent of those sending funds home make $20,000 or less a
year, but
> send home 10% of their income.
> The use of drugs to control attention deficit and hyperactivity
> problems in preschool children jumped 49% in the past three years.
All
> children on ADHD drugs increased by 23% in children under five. The
money
> being spent on ADHD is eclipsing spending on drugs for asthma and
> infections. At the same time, the use of antibiotics grew only
4.3%, while
> the use of antidepressants rose 21% and the use of medicines for
autism
> and other conduct disorders jumped 71%. The most eye-popping change
was a
> 369% increase in spending on ADHD drugs for children under five.
Their
> parents are too lazy to deal with normal child behavior. New drugs,
such
> as Strattera, Adderall and Concerta only require one dose in the
morning
> and the kids are like zombies all day. It is estimated that almost
10% of
> American children are being poisoned with these drugs just so
teachers
> won't have to bother to correct them. By the time they are 10-15
years old
> they are ready for suicide.
> The Secretary of Defense, Donald Rumsfeld's orders for the treatment
> and interrogation of Iraqi prisoners brings up questions about
treatment
> of prisoners in American correctional institutions. The 12 million
people
> who pass through these institutions each year are often subject to
violent
> attacks by other inmates, prisoner-on-prisoner rape is endemic, drug
> resistant strains of tuberculosis is rampant, as are drugs and the
> swapping of needles that leads to HIV infection and liver destroying
> hepatitis C. Psychiatric care for psychotic inmates is poor to
> nonexistent. Twenty-five percent of inmates are usually under
> administrative lockdown. Almost 50% in lockdown have tried to commit
> suicide. Our prison system is a disgrace to us as a civilized
people.
> A federal advisory committee says Congress should pass laws to
> protect the civil liberties of Americans when the government sifts
through
> computer records and data files for information about terrorists. A
better
> idea of course is to terminate Patriot Acts I & II. Currently
agencies are
> collecting and using personally identifiable information on persons
for
> national security and law enforcement purposes. The programs are
mirror
> images of the Pentagon program named, Total Information Awareness,
now
> euphemistically known as, Terrorism Information Awareness, which
makes
> each citizen a potential terrorist suspect. In data mining our
government
> has no intention of protecting individual privacy. The only
solution is to
> do away with Patriot Acts I & II. If we are going to have these
Acts then
> Congress must pass legislation protecting our rights and demand
court
> orders for data mining, search and seizure. What is happening is
that
> anyone who speaks or writes negatively about government is subject
to
> harassment and entrapment. We know because government has already
tried
> unsuccessfully to use it against us.
> In our latest insanity, the US Postal Service is honoring EID Muslim
> holiday season with a commemorative first-class holiday postage
stamp. The
> stamp should be boycotted.
> Get ready for the administration to blame the cost of energy for the
> fading of the recovery. The Fed and the Bush neocons were too early
in
> their timing. They have nothing for an encore except not raising
interest
> rates and the Fed pumping $2 to $3 trillion into the economy,
> The Bush neocons are well on their way to dismantling the anti-trust
> laws in our country. Mergers and acquisitions abound as the
consolidation
> of companies continues leading to more and more concentration. Any
strong
> company is fair game for internationalist corporatist interests. The
> profitable assets are removed, the carcass sold off and its
employees left
> without jobs. Retirement funds and benefits are cut or lost, as is
present
> and future healthcare. The mergers in telecommunications and the
media are
> affected to kill the chance of any real news being reported.
Halliburton,
> Bechtel and the Carlyle Group are running our country. There is no
> integrity left in journalism and anyone who reports the truth is
hounded
> into silence. Today America is a scary place and we don't see any
> improvement anytime soon.
> The Bush neocons, in a major policy reversal, signaled its readiness
> to accept Islamic theocracy in Iraq. Colin Powell said,"We will
have to
> accept any free and fairly elected government." We believe this is
to
> insure that a new Iraqi administration will be set up by June 30 as
a
> sovereign government supported by a new UN resolution, which will
speed up
> the neocons exit strategy.
> Our purchased Congress has again thwarted the will of the American
> people. It has summarily dismissed Eliot Spitzer's exposures and
more than
> a dozen Congressional hearings on five bills that should have
reformed the
> worst mutual fund scandals in sixty years. Congress has again
ignored all
> the evidence and accepted the payoffs from the fund and brokerage
> industries, leaving 95 million investors in the hands of these
greedy
> crooks. These are the same investment professionals who lost 43% of
> investors' assets between 2000 and 2002, while they raised their
> compensation 25%. Incidentally, for new readers we got all of our
> subscribers out of the market in April 2000. Congress' lack of
action
> allows these crooks who control massive financial assets to continue
> skimming off the top. Lean on your representatives in Washington
and if
> they do not listen make sure they are not reelected.
> An investigation into one of the biggest corruption scandals in
> history is being hampered by the US-led administration in Iraq
according
> to our Congress and officials in Baghdad. The actual review of the
records
> has been delayed for weeks and documents are being altered or
destroyed.
> At least $11 billion has gone into the pockets of 270 people and
> organizations. The elitist, Mr. Bremer, pro-counsel of Iraq,
intervened
> in March, saying he would not release funds to pay KPMG, the
auditor,
> which had already made substantial progress in locating documents
in Iraq,
> unless the contract was put out to tender. This is interesting,
inasmuch
> as few contracts have been put out to tender in Iraq. All the
business
> went to neocon cronies and other financial contributors. KPMG was
finally
> appointed and will be paid about $6 million for the effort. Then
the CPA
> decided it would appoint its own auditors to investigate
allegations and
> Ernst and Young were set to work as well. Many in Congress are angry
> because it is obvious Bush and the neocons are trying to destroy
all the
> evidence. The IGC, with the help of KPMG, had already located
billions of
> dollars that came out of illicit oil-for-food profits in Middle
East bank
> accounts. Americans, because of this theft, more of your hard-
earned tax
> dollars had to be spent.
> Surprisingly Alan Greenspan is going to stay as Chairman of the
Fed, as he
> was re-nominated by George W. Bush.
> Forrester Research says it expects 1.6 million office jobs to have
> moved to India and other foreign countries by the year 2015. Office
and
> computer jobs will lead the march, costing 3.4 million more US jobs
and
> more than $151 billion in wages. 542,000 computer jobs are next on
the
> list, followed by 356,000 businesses and 259,000 management jobs.
Overall,
> about 6.4% of jobs in vulnerable categories will be outsourced in
the next
> 11 years. Are you listening America? Your jobs, your livelihood, the
> future of your children are being destroyed by the elitists to make
> America a second world country. Climb all over your members of
Congress.
> If you do not, your family will either starve to death or you will
be
> forced to fight in the streets.
> The BIS derivative survey reveals that, as of 12/03, the global
> derivatives market amounted to $234 trillion of notional contracts,
of
> which 75% or $175 trillion are interest related, and 80% or $142
trillion
> of these are on the OTC market. That is 2.7 times higher than when
LTCM
> blew up in 1998. This means the global economy produced $22 in
> interrelated risk transactions for every $1.00 of estimated growth
in its
> physical counterpart in 2003, which denotes a financial system
totally out
> of control. After reading this, if you do not think we are in
trouble
> there is something certainly wrong with your thinking process.
> The NASD reprimanded Morgan Stanley, Bear Stearns and Deutsche Bank
> and ordered them to collectively pay a fine of more than $15
million. They
> gave special clients shares of hot IPO's. For this the banks
accepted
> outrageous commissions. That is where all these hot IPO's went that
> couldn't get any of.
> As the current account deficit approaches $600 billion, the US needs
> to attract a net $2.7 billion of overseas capital every single day.
> Overall, debt stands at 163% of GDP. This is beyond imagination.
> They once put bookmakers in jail, as gambling was once considered a
> vice. Today it is a savior for many states that are rolling the
dice and
> hoping lotteries, slot machines, and casinos will create income,
jobs and
> healthier budgets. Hesitant to raise taxes, particularly in an
election
> year, 24 states have looked at gaming proposals this year to boost
> revenues and help pay for education, health care and other basic
> necessities that states provide. Today there is gambling in 23
states
> which have casinos owned by American Indian tribes. Gambling is
insidious
> and there is no question it draws crime. It is a tough trade-off but
> unfortunately people are going to gamble anyway, so the proceeds
going to
> good causes aren't all that bad.
> Apprehension continues to grow as it becomes very obvious that the
> Fed has to raise interest rates. They would have been raised by now
but
> this is an election year and the Fed is illegally doing all it can
to
> assure the reelection of George W. Bush and his neocons. Treasury
debt is
> spiraling upward and the Fed's creation of aggregates is exploding.
That
> has caused real market interest rates to rise 1-3/16% over the past
two
> months, which has caused large bond market losses. This has led to
capital
> repatriation by foreigners in anticipation of even higher rates.
Just as
> powerful has been the unwinding of the carry trade, which has
caused the
> dollar to strengthen in an unusual manner. Most professionals do
not as
> yet realize it but this is the beginning of the popping of the bond
bubble
> and the beginning of the re-decent of the dollar. As the carry trade
> unwinds and moves to cash, other bubbles will burst in real estate
and in
> the stock market, both of which will not occur in a visible way
until
> after the election. The carry trade is when you borrow money at 1%
and buy
> Treasuries at 4%. If interest rates are moving higher, you are
taking
> capital losses in the underlying bonds, which neutralize your gains
or
> cause you losses. The exit from the carry trade is in anticipation
of
> higher interest rates. The bubbles will break so fast after the
election
> that peoples' heads will be spinning. They just will not believe
what is
> happening to them as Societe General, the Paris banks says,"We see
a
> confluence of ominous events. A slowdown in US economic demand may
be
> unavoidable - cooling Chinese demand - under weighting global
> manufacturing demand." Just add in higher interest rates and you
have the
> beginning of a horror story.
> Yes, there is a mountain of debt and yes, a credit bust is going to
> happen in the US, but not until the election is over. The Fed has
the
> power to temporarily delay the events, particularly in the stock
market by
> increasing funds available via the repo market. The tidal wave of
credit
> to US households, particularly in mortgages, home equity loans and
credit
> cards will not go onerously up in cost until later this year. As the
> credit flow contracts due to higher costs, borrowers will pay down
debt,
> or go bankrupt. That will slow the economy forcing house prices
down,
> creating a loss of equity and ending the wealth affect. The ultimate
> result will be a depression worse than the 1930's. We would be
surprised
> if the Fed raises rates on June 29-30. We expect them to rise in
August.
> From 1993 to 1995 rates doubled but the debt situation was 20% of
what it
> is today. For starters, we expect a move up in interest rates in
2004-2005
> from 3.65% on the 10-year Treasury note to 7-1/2%. If the Fed
continues
> its aggregate creation at current levels, which they say they will
and
> then some, then we can expect much higher rates as inflation soars
past
> 12%. Remember that in 2000, a 1.75% increase in rates brought the
market
> down 43% and NASDAQ down 70%. Can you imagine what a four-point
increase
> will do? The indications of excesses in prices are everywhere even
though
> our government lies about it. Looking at the value of residential
real
> estate as a percentage of personal income shows the ratio to be
182%,
> which is over 20% higher than its last peak in the late 1980's.
Mortgages
> are about to rise back up to historical levels. The 20-year average
has
> been 8.6% and we predict 8-1/2% by the end of 2005 and even higher
rates
> after that if the Fed continues to pump over a trillion a year into
the
> economy. However, home equity is now 55% versus the 20-year average
of
> 61%. Service of this debt is at a much higher level than in years
past.
> Plus, today some 30% of mortgages are ARMS, which have adjustable
rates,
> and 45% of mortgages are sub-par. Loans that should never have been
made
> to begin with. It should be noted that mortgage related assets now
account
> for 59% of banks' earning assets, up from 30% in the mid-eighties.
That
> means bank earnings will plunge next year. Even with zero percent
> financing, automakers see declining sales. A four-point rise in
interest
> rates will force the end of zero financing and auto and truck sales
will
> plunge. Avoid these manufacturers at all costs. In the fall, short
them
> because they will get crushed. Some will not make it. Alan
Greenspan has
> done the unforgivable and we will get to pay for his actions in
behalf of
> his elitist masters.
> The average computer programmer in India earns roughly $10.00 an
> hour, compared to more than $60.00 per hour for the average American
> computer programmer. Keep up off shoring corporate America and you
soon
> will not have anyone in the US to sell to.
> Almost two-thirds of 1.6 million civilian full-time employees of our
> government received merit bonuses or special time-off awards in
fiscal
> 2002. They ranged from less than $100 to over $25,000. 2,900
received
> bonuses of more than $10,000 each. Civil service specialist said the
> proliferation of bonuses reinforces a common belief that many
federal
> workers are rewarded for little more than showing up. We call this
buying
> votes. The National Science Foundation, DOC and CSA gave bonuses to
more
> than 90% of their workers.
> American Express is under investigation for fraud by not disclosing
> certain revenue sharing arrangements with mutual fund clients.
> Federal and state prosecutors are investigating Charles Schwab for
> fraud and market timing and late trading of mutual funds.
> The California Senate approved legislation by a 36-2 vote and sent
> it to the assembly to warn consumers when spyware was added to their
> computers when they buy software. These programs track what web
sites you
> visit, may steal your passwords, access your financial information,
log
> your keystrokes, bombard you with pop-ups, track your purchases and
> remotely report your activity and personal information to a third
party,
> which includes our government. Maybe this will get our purchased
Congress
> to act.
> Saudi Arabia, a subject nation of the US and UK, has pushed for
> higher oil production as a result of pressure from governments and
> international elitist corporations. As Hugo Chavez, Venezuela's
president
> has said,"In my opinion it would be a very bad message for OPEC to
give
> into pressures and then increase production. No, OPEC should say to
the
> big consumers, let's sit down at the table and let us talk about the
> causes in the increase in prices." Of course, the major users have
no
> intention of doing that.
> The MBA says weekly mortgage activity for the week ended 5/14/04
> fell 11.9% to 654.1 from 742.2 the previous week; 30-year fixed
mortgage
> rates fell 11 basis points to 6.21% and they are still up 104 BP
from last
> year. The MBA purchase index, a gauge of new loan requests for home
> purchases, fell by 8.1% to 454.2 after hitting its second highest
level at
> 494.3 the previous week. The high was 501.6 on 1/16/04. The
refinancing
> index fell by 16.8% to 1,816.9 from the previous week's 2,184.6, the
> lowest since January when it was 1,755.4.
> The aggregate number of jobs sent overseas to-date will pass 500,000
> this year and reach one million by 2006. Most are being farmed out
by
> Fortune 1,000 companies contrary to public belief. US transnational
just
> do not want the public to get the facts on how they are destroying
> America. In just the next 1-1/2 years management will lose 42,000
jobs;
> business 120,000; computing 203,000; architecture 54,000; life
sciences
> 5,500; legal 23,000; sales 47,000 and office 475,000 for a total of
> 963,500 jobs and that is only with Fortune 1,000 companies. The
economic
> destruction of America goes on unabated.
> Tuition at 15 well-regarded colleges is about to rise again next
> fall far above the so-called inflation rate. Stanford will increase
4.5%
> to 11.1% for out-of-state students at the University of Washington.
The
> average is 5.5%. This is a reflection of higher medical costs,
salaries,
> student aid, and prestige - the more expensive the better it is. In
2003,
> 50% of all undergraduates received some grant aid that never needs
to be
> repaid. Sixty percent receive some sort of financial aid. In 31
elite
> schools the total cost including room, board and other expenses
averaged
> $37,940; 49% of students received need-based grant money. The
average
> award was $18,161. More disturbing from our point of view is that
40% of
> those in college do not qualify or belong there.
> Eight Cape Cod, MA companies sued the US government and a state
> labor agency in an effort to increase the number of visas granted
for
> temporary foreign workers to more than 100,000 this year from
66,000 in
> 2003. The claim is government unfairly prevented businesses from
obtaining
> the visas they need to increase their staffs during the spring and
summer
> season. Business is crying because they cannot get slave labor to
increase
> their profits. These foreign workers suppress the wages of all
American
> workers. Business should increase wages and they will have no
trouble
> getting domestic workers.
> Consumer prices rose in the first four months of the year at a 4.4%
> annual rate, compared with a 3% gain last year. Core prices that
exclude
> food and energy increased 3% versus 0.9% in 2003. As a result five
and
> ten-year US Treasuries have produced a loss of 5.6% over the last
seven
> weeks. The difference in yield between the current 10-year note and
the
> 10-year TIPS, has widened to 2.74%, the biggest gap since the US
started
> selling TIPS in 1997. The low gap was 2.15% on 1/15/03. The five-
year
> average is 1.89%. The Fed's overnight bank lending rate is the
lowest
> since July 1958. Much more inflation is on the way.
> From a top administration official:"We assume an attack will happen
> leading up to the election and it will happen in Washington. An
attack in
> Washington and in other major cities." This confirms our very
> controversial prediction and position of several months ago that if
Bush
> looks as if he may lose the election, we will have terrorist
attacks.
> The diversions have been in place to mislead the public - drawing
> them away from the real problem, the US and world economies. That
is what
> 9/11; Afghanistan and Iraq are really all about. Now that finance
and
> economics are interconnected, country-to-country, the financial
chaos can
> be shared with the rest of the world. Shortly official US interest
rates
> will rise and the collapse gets underway. Commodities, gold, silver
and
> bonds have had steep corrections as of late. Interest rates on the
10-year
> Treasury note are up over 30%. Consequently, all debt paper
interest rates
> have risen as much if not more. Were it not for the manipulation of
the
> stock market it would most certainly be lower, but we are now
experiencing
> the power of corporatist fascist government. This market power will
weaken
> later this year. Rates will rise; bonds, the market and real estate
will
> fall. Of course, gold and silver will rise.
> The Supreme Court will rule in June on whether to allow Mexican
> trucks full access to American highways by overturning a ruling
from the
> 9th Circuit Court of Appeals in California. This was supposed to be
> accomplished nine years ago. Yes, many Mexican trucks are unsafe
and carry
> drugs and yes, some need pollution equipment upgraded. The real
reason is
> trucking competition with US carriers. Many of the trucks on the
border
> with the US from Mexico are very dirty, but so are US freight hauler
> vehicles. The result is major border contamination. The drugs of the
> Mexican trucking fleet crossing the border have higher inspection
failure
> rates, 37%, then US trucks, 24%. Otay Mesa, near San Diego, which
we have
> used hundreds of times, is a major entry point for Mexican trucks
into
> California. With a state-of-the-art border inspection station, the
failure
> rate for Mexican trucks was 22%, slightly better than the 24% for US
> trucks. Safety, jobs, money and US unions are really the issue. US
> regulatory rules and regulations are a pretext to protect American
> interests. We signed the treaty and now we do not want to live up
to it
> after we virtually destroyed Mexican agriculture. NAFTA has been a
failure
> and should be ended.
> It looks like Alan Greenspan has decided to try to be the
> longest-serving Chairman of the Fed. Bubbles, as he is known among
his
> elitist friends, will surely be the most famous bureaucrat since
Pontius
> Pilate, who also loyally served another fascist government,
Imperial Rome.
> If Sir Alan lives, he will go down in history as the man who
destroyed not
> only the US, but also the world economy. The appointment also means
that
> interest rates will be raised in August at the earliest and maybe
not
> until after the election. As we told you before, cover your shorts
the
> elitist with the help of Sir Alan will attempt to take the Dow to
14,000.
> Under the cover of that move the conspiracy could care less if gold
goes
> over $500. That is the way it is going to be, because all our
markets are
> rigged.
> Last week Freddie Macs 30-year fixed loans were 6.30%, down from
> 6.34% the previous week. Arms rose to 3.99% from 3.9%. Refinancing
was off
> 17% and applications for home purchase loans dropped 8%. The
application
> index is down 56% from a year ago. Refinancing has fallen to 37.4%
of
> total applications, up from 34.8% a week ago.
> If ratified by the US Senate, the proposed new extradition treaty
> between the US and Britain will strip Americans of the protection
of the
> US Constitution and the Bill of Rights and rob them of their
liberties.
> The treaty would be retroactive in application and will also
eliminate any
> statute of limitations. The treaty supposedly deals with combating
> terrorism, organized crime, money laundering. Buried deep inside is
> language that would strip Americans of all their rights. Some of the
> language includes, such items and assets may be surrendered even if
the
> extradition cannot be carried out due to death. They can extradite
if the
> request is for political reasons and even if no federal law has been
> violated. You can be provisionally arrested and detained for 60
days upon
> request by the UK. Those requested by the UK for extradition would
get no
> judicial review. Our President would make the final decision.
Although no
> crime has been committed and no charges bought, the assets of the
> so-called offender could be seized at the direction of the British
for
> their benefit. How's that for a fascist police state? Two-thirds of
the
> Senate must ratify the treaty. It does not go to the House; it goes
> directly to the President. It is suspected that the real target of
the
> treaty is the Irish-American community. Anyone, under the treaty
who is
> critical of Britain, or the Royal Family, as we are all the time,
could be
> extradited and or prosecuted. The British make the request one day
and you
> are on the plane to London the following day. You would be picked
up by
> British security forces and be designated for torture similar to
that used
> in Iraq. This subverts and destroys the meaning of the American
> Revolution.
> Never before in monetary and fiscal history has a government been
> more irresponsible with its citizen's money and never before has the
> Federal Reserve done more to undermine our standard of living and
steal
> our wealth via inflation, and lie about it. This increased
government and
> private action in the economy is known as corporatist fascism. It is
> manipulation of all markets as tools of economic warfare against
American
> citizens. We now need some $1.8 to $2 billion dollars a day to be
loaned
> to us by foreigners, mostly foreign central banks. Globalization has
> brought us cheaper prices for goods, particularly from China, but
this is
> a cover for the outsourcing of industries and jobs from every
sector of
> the American economy, that can only end up in the entire
destruction of
> the economy. The entire structure of America is being changed to
turn it
> into a second world country. Cheap prices and excessive credit
expansion
> has not and will not create new investment and permanent wealth. The
> created capital is going into financial assets that contribute very
little
> to American growth. This monetary policy will next create wage
inflation,
> which in turn will accelerate inflation, which is already 9.5%, not
the
> 3.5% the Fed would have us believe. As prices move higher, wages
have to
> move higher. If for some reason they do not move higher, then
inflation
> would reverse and we would have deflation. Sir Greenspan cannot
have that,
> so look for large wage increases over the coming months. England,
which
> usually mirrors what will happen to us by six months to a year,
just saw
> wages increase 5.4%. Be patient those higher wages are on the way to
> further feed inflation. Watch the UK economy. That is one of the
reasons
> we report on it. As soon as the increase in wages ends, then
reflation
> will end. In England, that is six months to a year away. In the US,
it is
> a year to two years away. Simultaneously interest rates will rise,
putting
> downward pressure on those artificially puffed-up financial assets.
Thus,
> next year you will have rising inflation and falling prices, truly
the
> worst of all worlds, because inflation will soar. In 2005 and 2006,
> finally Sir Alan Greenspan will watch the trap close. There will be
no
> monetary escape and deflation will begin in a way not seen for
centuries.
> At that point, the Fed would monetize debt by buying, as the buyer
of last
> resort, massive amounts of US Treasury paper. Once the Fed has
exhausted
> itself, then default would come and the world would enter a period
of
> monetary darkness and the world financial system will collapse.
> In order to find an easy way to fire employees, companies are
> checking personal e-mail accounts to see if employees are accessing
them
> during work hours. If they are they are gone.
> Due to offshoring and lower vehicle sales, major auto manufacturers
> are forcing contract houses to take a near 50% cut in billing rates
or
> lose the business. New year will be a disastrous year for auto
producers.
> No matter what happens in Iraq, the Bush neocon cabal in Washington
> will not let go of control of Iraq oil revenues. A condition for a
> sovereign Iraq government is US and UK control of those revenues.
Those
> revenues will exceed $16 billion this year and UN Security
Resolution 1483
> passed last year, gives the US total control of the money from oil
sales,
> which is the only source of income for the country. The money goes
into
> the Development Fund for Iraq, which is currently run by US pro-
council
> Paul Bremer's CPA, Coalition Provisional Authority. All but one
member are
> foreigners. The elitists will loot this fund of billions of dollars
for
> years to come. Even the oil-for-food racket, where it has been
exposed
> that billions have been stolen, is still in operation and the
looting is
> still going on. The $1.8 billion taken from the fallen dictator
Hussein
> now resides in the Federal Reserve Bank in NYC, ostensibly to be
looted by
> the elitists. All these funds are earmarked for the Iraqi people,
but we
> can promise you a good part of them will be stolen. The total of
funds on
> deposit now is about $7.3 billion and no one knows where any of the
funds
> are going because it is a secret, like so many things in our fascist
> government. We could guess a major portion of the funds are being
> disbursed to CFR elitists companies, such as Halliburton, Bechtel
and
> other"contract mercenary companies", part of which will flow to
the men
> running the show. What is worse is Congress knows exactly what is
going on
> and does nothing to stop it. That may in part be because the CPA
has been
> exempted from any investigation by the Government Accounting Office
or any
> requirement to appoint an inspector general, as mandated for all
> government agencies by law. In Iraq, American personal have been
stealing,
> taking bribes and using extortion on the Iraqi people as well as
torturing
> them. Some of our military, mercenaries, bureaucrats and elitists
are
> undoing in a few short years the good will and fair-handedness
America had
> built up over the past 225 years. We have become another scummy
nation.
> The Bush neocons ordered inactive reservists to report for active
> duty again and the resistance was so great they rescinded the
order. What
> the Pentagon is doing is screening inactive reservists for possible
> call-up. They could be called up involuntarily for as long as 4
years. As
> a result, soldiers are joining guard and reserve units to avoid
call-ups.
> Of course, Congress knew nothing of the plan, because the imperial
White
> House operates in secrecy. The screening process is almost complete
and
> 22,000 medics, truck drivers, and heavy equipment operators have
been
> identified for call-up. Commitments by the White House for on-going
> conflict has put tremendous pressure on the Army and to some extent
the
> Marines and have stressed them out completely. The inactive
military are
> being told by recruiters that they should join the guard rather
than be
> sent overseas if re-inducted. Young people are being told that very
bad
> things would happen if they did not join the guard. We have news
for all
> of them. As long as George W. Bush and the neocons run Washington
we will
> have war, they will be deployed into the Middle East and their will
be a
> draft for both girls and boys.
> Yes, we were right again and we are not going to gloat over someone
> else's misfortune even if they are evil. The Lord takes care of
> retribution for us. A Delaware judge ordered disgraced elitist
newspaper
> baron Lord Conrad Black and the holding company he controls to pay
back
> $30 million. We beg forgiveness for being off by $2 million. A
recently
> amended lawsuit is being filed by Hollinger International, which
accuses
> Black and other former executives of violating Rico statues, and is
> seeking to recover $1.25 billion. How could we have missed that? It
just
> goes to show you, we are not perfect. I hope that in the end Lord
Black
> and his ilk will be put permanently out of commission in the
business
> world. Now we need to catch more of these white-color thugs.
> There are few tax breaks for America's poor. Those making under
> $40,000 a year. Yet, Congress is considering a bill to provide tax
breaks
> for families earning as much as $309,000 a year. It is part of the
House
> tax-cutting spree that could add $500 billion to the deficit over
the next
> ten years. The House would not only make permanent the $1,000 per-
child
> tax credit enacted as part of the 2001 tax cut, but would
dramatically
> increase the income limits for eligibility; currently, married
couples
> with incomes of up to $110,000 receive full credit. The bill would
> increase that to $250,000. Families with two children would go to
$289,000
> and with three children $309,000. This is unnecessary, misguided and
> irresponsible by Congress, which is emulating Mr. Bush who gets
away with
> everything. The Republicans propose these insane measures and the
> Democrats act as if they were frozen in the headlights in the dead
of
> night. For families earning less than $10,750 the House will give
nothing.
> A two-child family making $150,000 to $250,000 get a $22,000 extra
tax
> break. Someone has to show us how that is fair.
> It won't be long before higher gasoline prices change people's
> driving habits. Due to environmental considerations, refining
capacity has
> fallen 50% over the past twenty years. The forces in Iraq are
eating US
> gasoline at an astounding rate while our government buys large
quantities
> of oil to fill the strategic reserve.
> Word reaches us that the Oil-for-Food Program in Iraq has been
> looted for years. Congress was hoodwinked and the Bush neocons,
elitists
> all, refuse to expose it for fear it would destroy the UN. The
embezzled
> figure is now over $10 billion. What was used was tainted food and
> outdated medicines. The report on the larceny and kickbacks is
phenomenal.
> The major players were Kofi Annan and his son Kajo and Benon Sevan,
> Executive Director of the program.
> It has been revealed that Matrix, a database contractor, gave US and
> Florida authorities the names of 120,000 people who showed
statistical
> likelihood of being terrorists, sparking some investigations and
arrests.
> Seisint has been appointed sale contractor on the federally funded
$12
> million project. Matrix is, Multistate Anti-Terrorism Information
> Exchange, which combines state records and data culled by Seisint
to give
> investigators fast access to information on crime and terrorism
suspects.
> It casts a wide net that includes just about everyone, violating
their
> Civil Rights. A number of states in the program have withdrawn for
this
> reason. Matrix has four billion records. Law enforcement says the
system
> has been scrapped, but because of the perpetual lying, that comes
out of
> government, we wonder if in fact it has been dumped.
> Key legal decisions made in the aftermath of 9/11, included a
> declaration not to grant any al Qaeda and Taliban fighters prisoner
of war
> status under the Geneva Convention and this laid the groundwork for
the
> interrogation abuses that have recently been revealed in the Abu
Ghraib
> prison in Iraq. Internal memos from the White House show that
> administration lawyers were privately concerned that they could be
tried
> for war crimes themselves based on the actions the administration
was
> taking, and might have to take in the future to combat the terrorist
> threat. We believe that there is a good chance of war crimes trials
if the
> administration pulls another terrorist event, and declares Martial
Law.
> The Executive and Congress cannot get away with dictatorial
government in
> America. There are 450 million guns in the country and government
would
> force endless insurgent warfare for years, just as we now are
witnessing
> in Iraq. Eventually a dictatorial government would fall and all the
people
> you now see running the wars would be executed.
> As former military, we know that allowing patterns of abuse and
> torture to metastasize in any army annihilates its morale and
> effectiveness. Most people are decent human beings and engaging in
such
> activities destroys the morality of what they are directed to do.
These
> men, like us, hold abusers and torturers in contempt. What is going
on is
> in direct conflict with the engrained standards and traditions of
the US
> Army. It starkly shows what monsters George W. Bush and his neocons
really
> are. They have allowed a descent into barbarism. All decent people
recoil
> in disgust in such a method of conducting warfare. In and of itself
> warfare is a horrible experience, abuse and torture just magnifies
> everyone's suffering.
> Convicted criminal and number one Bush neocon-man in Iraq, Ahmad
> Chalabi, has lost his elitist funding, Chalabi's Iraq National
Congress
> has lost its $340,000 a month funding from our tax dollars. We also
know
> that the CIA had been secretly funding Mr. Chalabi, even though his
group
> never supplied anything of value. Every intelligence report the INC
> produced was worthless.
> The House and Senate have agreed on a $2.4 trillion 2005 budget
> plan, which may well not pass in the Senate, because of the one-year
> extension of tax cuts. Even if passed in 2006, pay-as-you-go-rules
would
> be reimposed. If not passed, taxes would rise. Simultaneously a
request
> for a $25 billion war slush fund is being debated. The proposed
budget
> plan if passed would cost $689.9 billion and would mean, as we
predicted,
> that the current $7.38 trillion limit would be reached in
September. We
> expect before the election that Congress will have to increase the
debt
> limit to $8.5 to $9.0 trillion. There is absolutely no fiscal
control left
> in Washington. It is a government gone mad.
> America certainly loves living beyond its means, but late this year
> that Cinderella existence will come to an end. The free lunch will
soon be
> over. All illusions eventually end.
> Stock analysts, regardless of experience, will be tested by next
> April. How can you test a person who has been analyzing for 20 to
45 years
> and tell him he is out of a job because he did not pass a test.
Series 86,
> tests basic tools of the trade and Series 87 focus on regulations
and
> conflicts-of-interest disclosure. This is truly ridiculous.
> It has now been reported the Bush neocons man in Iraq, Ahmed
Chalabi is
> suspected of spying for Iran on US troop positions and of
kidnapping a
> prominent physician from his home. Every time we see media coverage
on
> Chalabi, they always fail to mention he is a convicted bank
embezzler. For
> months there have been complaints of INC members impersonating
police
> officers, breaking into homes and carrying out robberies. Four INC
> officials have been arrested on robbery charges.
> Some time before September, you might consider going long the
> Australian dollar versus the US dollar. The December 74-cent
Australian
> dollar calls (ADZ4C740) can be purchased for $750 or lower. If
filled,
> your risk is $750 and your potential profit at 7950 is $4,750. This
is a
> VERY dangerous trade, but for those who understand the risks it
could be a
> good one.
> In the new world order, biochips will be the order of the day. Put
> beneath your skin they cannot be stolen. They can access ATM's, pay
bills,
> sign contracts, verify your identity and locate your lost or
kidnapped
> children. Satellites can locate you anywhere in the world. If you
say
> anything critical of the government your chip won't function and
you and
> your family will go bankrupt and starve to death.
> Even if the Fed raises interest rates they still are responsible for
> a continuing expansion of aggregates, directly and indirectly, of
over $1
> trillion a year. Inflation is 9.5% and is guaranteed to be 12% plus
by the
> election. From 1973 to 1981, the Fed raised rates, but it was too
late,
> like it is too late now, too much money was in the system and this
time it
> is still pouring in. In the meantime, the fiat un-backed dollar is
being
> destroyed. Even though the dollar and the stock market has rallied
in six
> months they will be headed down again. That brings us to the
antithesis of
> the fiat dollar, the only real money in the world, gold. The US
stock
> market is valued at $13 trillion, the bond market at $22 trillion
and the
> world markets at about $100 trillion. The value of all the gold
shares in
> the world is $200 billion, which is smaller than a number of
separate US
> companies, such as GE. That means there is a lot of money in
investments
> that could easily go into gold shares. Higher interest rates won't
help
> unless they are exceedingly higher, and inflation at current or
higher
> levels will last a minimum of 1 1/2 years.
> The Defense Department, Mr. Donald Rumsfeld, has proposed using US
> Internal Revenue Service data to trace down reservists with which
they
> have lost contact. Our President, of course, is anxious to approve
the
> amendment to the tax code to legalize the practice. Troops are
obligated
> to keep the military informed with update contact information, but
34% of
> former soldiers cannot be tracked.
> Arizona has 67,000 gun owners legally carrying concealed weapons.
> Typically they are white middle-aged, 20% are female and 52 pistol-
packing
> women are over 80. In Maricopa County one of every 56 people are
packing.
> One in every 82 Arizonans can legally carry a concealed weapon, 99%
of
> permit holders are white, including Hispanics, 13,500 women have
permits,
> and 25% of holders are 50-59 years old. An armed citizenry is a free
> citizenry.
> Mr. Bush and his neocons have violated two federal laws through part
> of its publicity campaign to promote changes in Medicare intended
to help
> older Americans afford prescription drugs. Federal money was spent
> covertly to produce propaganda videos about Medicare charges that
were
> made to look like reports. The device was designed to provide less
help to
> Medicare patients and help pharmaceutical and managed-care
companies. This
> is another example of misrepresentation, deceit and more violations
of the
> law.
> Junk bond funds saw an outflow of almost $1 billion last week,
> following $2 billion the previous week. GM and Ford were among this
> months' worst performers; GM dropped 7.4% in May, the worst return
of
> 3,749 bonds.
> M3 added $3.2 billion. Year-to-date, 19 weeks, broad money is up
> $353.1 billion or 11% annualized.
> ABS issuance was strong, $16 billion with year-to-date issuance of
> $216 billion, running 28% ahead of comparable 2003. Home equity ABS
> issuance is running up 72% from a year ago to $122 billion.
> Total credit expanded $4.0 billion to $6.52 trillion as of 5/12/04.
> Bank credit is up $274 billion during the 19 weeks of the year, or
12%
> annualized. Real estate loans were up $163.0 billion, or 20.1%
annualized.
> Commercial paper jumped $10.8 billion to $1.346 trillion, the
highest
> level since early last August. YTD commercial paper is up $77.9
billion or
> 15.9% annualized.
> Fed foreign custody holdings of Treasury and agency debt rose $7.0
> billion to $1.20 trillion. YTD Custody Holdings are up $133.0
billion, or
> 32.4% annualized.
> Well, the Bush girls are graduating from college, Barbara from Yale
> and Jenna from the University of Texas at Austin. Barbara has a
degree in
> humanities and Jenna in English. Except for one incident, the 22-
year-old
> sisters have stayed out of the limelight. Barbara lived on the same
> residential college, Davenport College, as her father. Yale divides
each
> class among 12 residential colleges, each with its own dorms, dining
> halls, sports activities and coats of arms. Davenport's coat is
three
> crosses and a chevron in black on a white shield. Like their
mother, the
> twins joined the Kappa Alpha Theta Sorority. Barbara being most
like her
> father was one of the 13 anointed to be accepted into the Satanic
Skull &
> bones Order of the Illuminati. This secret society for Yale seniors
> previously has had as members, Barbara's great-grandfather,
grandfather
> and father. Both children plan to get jobs via their father's
friends with
> Council on Foreign relations and attend graduate school. Barbara
has a
> summer job at a fashion house and Jenna at a public relations firm.
They
> are both prime for our new selective service draft scheduled to be
> implemented next year. It will be interesting to see if they will be
> drafted and join our boys and girls in the Middle East.
> Forecasting the financial and economic future is not going to be
> simple. Changes take place at the speed of light and if you cannot
figure
> out what the enemy is going to do before he does it, you are going
to be
> wrong and a loser. This is the art of psycopolitcal warfare,
psywar, if
> you may. We will have to get inside the elitist heads so we can
make the
> right moves and few people are equipped to do this. This is why we
have
> worked long beyond retirement to bring you the benefit of our
knowledge
> and hopefully we will continue to be correct. Make no mistake a
crash
> landing is guaranteed for America in finance, economics and
socially and
> politically. There is no way out. Global central banks are madly
inflating
> trying to stave off deflation and depression and they are
guaranteed to
> fail. We are sure because history tells us so. Every time a nation
has
> tried to inflate their way out of deflation, they have lost and so
will
> Sir Alan Greenspan. Sir Alan has been successful over the past
couple of
> years in exporting his credit bubble worldwide. Unfortunately,
today most
> economists worldwide have very little experience or have studied the
> history of credit booms and that is because"it could never happen
here
> again." CPI, PPI, GDP unemployment etc. are the figment of some
> bureaucrat's imagination in Washington. It has gotten so that our
> government never tells us the truth. These economists, whose claim
to fame
> is that they are correct-one-third of the time, don't have a clue
to what
> is really going on. Nothing happens by chance, there are no
coincidences,
> and all markets are rigged. Free trade and globalization didn't just
> happen. They were planned to take place. They were planned to
destroy the
> US economy, as we have known it, so that Americans would be forced
to
> accept world government. The underlying structure of our economy is
being
> deliberately destroyed. All the money and credit being poured into
the
> economy by government deficit spending and by aggregate creation by
the
> Fed is going into financial assets. It is not being used to build
and grow
> the American economy. Goods and services inflation was suppressed by
> manufacturing offshore and outsourcing and this allowed the
promotion of
> asset price inflation to create a synthesis of growth, but the
program had
> to be taken too far and now inflation at 9.5% is out of control. It
will
> stay that way until the Fed closes the money spigots. Today, credit
is
> packaged into asset-based marketable securities, such as real estate
> mortgage loans guaranteed by Fannie Mae and Freddie Mac, which we
believe
> will eventually succumb. Remember, Sir Alan Greenspan has told us
he will
> inflate as long and as much as he thinks is necessary to stop
deflation.
> One of his henchmen, Ben Bernake, even said he was prepared to drop
money
> out of helicopters. What a group of charlatans. In addition, dollar
> purchases and global liquidity creation orchestrated by the Asian
central
> banks over the past year, at the behest of the Fed, has been
> unprecedented. This has caused international investors to sell and
avoid
> dollar denominated assets. Foreign central banks are feasting on our
> Treasury and agency paper, because few other sane investors will
touch
> them. Our over $500 billion current account deficit and our budget
deficit
> grow every minute of the day even with a cheap dollar. Over the
past two
> years in global financial markets, speculative leveraging has been
> unprecedented, but higher interest rates are now causing
deleveraging and
> that is what has given us a dollar rally. Whether you noticed it or
not,
> the global financial system is at the beginning of the beginning of
> structural failure. The dollar is on its way to an end as the
world's
> reserve currency. The dollar will soon lose its place as king of
> currencies and will be replaced by gold. As interest rates rise it
will be
> all she wrote as interest rates rocket upward. There is no question
the
> Fed will continue to accommodate until hyperinflation gets out of
hand.
> This will be accompanied by deleveraging, higher interest rates and
major
> derivative adjustments. This will also be accompanied by
deleveraging in
> the housing market and higher energy prices. Rising prices will
beget
> higher prices. Higher interest rates will stem home equity loans,
which
> are already down to 34% of mortgage executions from 77% at their
zenith.
> That cuts $100 to $150 billion a year from entering our economy.
The punch
> bowl needs to be removed but the Fed won't do that, this is an
election
> year and as interest rates rise the economy will grind to a halt.
The Fed
> knows inflation is already 9 1/2%, but they will inflate anyway,
they have
> too. There will be a flight of liquidity to non-dollar assets and
gold,
> deleveraging will guarantee that. Thus, you have where we think
things are
> going. The future will be difficult and America is not prepared to
meet
> the challenge.
> Evidently, George W. Bush and the neocons do not believe that they
> have accomplished enough deficit spending, so now our President has
> proposed a Millennium Challenge Account, which would channel $5
billion a
> year to poor countries, a sum that would reflect a 50% expansion in
> existing aid programs. If we did not know George was a fascist, we
would
> mistake him for a Socialist. The short list of countries to get aid
would
> be countries with sound policies, which is a euphemism for political
> payoffs.
> A group of Christian activists is in the beginning stages of an
> effort to have South Carolina secede from the US to become its own
> sovereign state."Our Christian republic has declined into a pagan
> democracy," says Christian Exodus.org in Tyler, Texas. The plan
calls for
> 12,000 Christians willing to be active in political campaigns to
move to
> the Palmetto State. The way things are going in America anything is
worth
> trying.
> The Fed's admission that they will raise interest rates in the
> future has no real significance. Any professional knows that was
> inevitable. What pros are doing is deluding themselves that the
effects of
> higher rates will be inconsequential. They are wrong; the shock to
the
> economy will be huge. Already investment-grade companies have to pay
> investors 96 basis points more than Treasury yields, the highest in
5
> months. The rate on the 30-year fixed mortgage is 6.30%; up from
5.4% and
> these premiums and rate increases are not going to disappear. The
longer
> the Fed delays action for political reasons, the higher the premium
and
> rates will climb. Five and ten-year Treasuries are already off 5%,
the
> biggest quarterly loss since 1986. The treasury - TIPS spread is
2.75%, up
> from 2.15% in January. That is why we recommended TIPS long ago for
those
> who had to remain in cash. The average spread over the past 5 years
was
> 1.89%. Annualized inflation is 4.4% so even with TIPS you do not
keep up
> with the official inflation rate, which is a lie. Billions of
dollars are
> being lost every day because our government refuses to tell the
truth. We
> believe that by the end of 2005, and in early 2006, the Fed rates
now at
> 1% will be 5%. That would put 30-year mortgage rates at 9 1/2% and
the
> 10-year Treasury at 8 1/2%. Those holding ARMS will be crushed.
> Now that mortgage rates are up almost a point, homeowners are having
> a hard time using their homes as ATM machines. As a result,
companies are
> offering loans that allow borrowers to skip a payment while those
that
> require only interest payments are in vogue.
> Needless to say, Fannie Mae backs this type of loan in a pilot
> program called, Payment Power. If you have paid your mortgage for
three
> months, you can skip 2 payments a year or 10 payments over the life
of a
> 30-year loan. How's that for cooking the books? Interest only loans
are
> pure speculative vehicles. America's lenders have a giant Ponzi
scheme
> going and it will crash and when it does you had best be debt free.
> Personal bankruptcies were 2.8% in the year ended 3/31/04 in spite
of an
> economic recovery. All you debtors who have maxed your credit cards
out
> and plan on going bankrupt, remember the House has passed
legislation that
> will lead you to debtors' prison. They have made it almost
impossible to
> erase credit card and other debts in bankruptcy court. That
legislation
> zipped through our purchased House of Representatives. It now awaits
> Senate approval and, of course, has a strong endorsement from
George W.
> Bush and the neocons. This legislation when passed after the
election
> could eventually cause a revolution on its own. Bankers' greed
knows no
> bounds. Wait until housing prices drop 30% to 50%. The Fed cannot
keep the
> money and credit flowing forever not with inflation at 9 1/2% or
better.
> Thompson Financial tells us executives sold $14.4 billion worth of
> company stock in the first four months of the year, compared to $4
billion
> in the same period last year. Never have so many insiders made so
much
> money.
> We think we will see a remake of 1994 in the financial markets, only
> this time the time frame will be slightly different. Rates will
rise and
> Sir Alan will continue to pump credit and money into the economy.
The
> elitists have always avoided catastrophe by whatever it took
> inflation-wise to bail themselves out. Otherwise, the fortitude or
courage
> does not exist to purge the system. That is unless this is the end
of the
> line and they are going to go for world government. We believe it
is the
> latter. Why else would they allow the horror of monstrous amounts
of debt
> imploding? There has been no effort by the Fed to reign in excess
> consumption and debt formation. It is still being encouraged. Thus,
we
> believe this could be the grand finale. We also do not think
interest
> rates will be raised by the Fed in June, probably in August and
maybe in
> late November. That is why the stock market will stage another
rally,
> inflation will get much worse and gold and silver will rise. We
believe
> the re-nomination of Sir Alan Greenspan was part of this. We will
> re-nominate you if you pump the economy up until November. This is
also
> probably why M3 has blasted off again over the past two weeks. This
could
> also be the result of the exhaustion of the recent massive fiscal
stimulus
> provided by mortgage refinancing, tax rebates and accelerated
> depreciation. This is also why the DOW will take off late in June
and
> challenge 11,780 and in all probability breakout to 14,000 sucking
the
> public in again. Then within five months, it could fall to 7,268.
> Every other day the Fed drags out one of their numbers to let us
> know what little inflation we have and why interest rates do not
need to
> rise. Last Wednesday it was Fed Governor Broaddus, who got the
duty. His
> words of wisdom, which we call lies, is that"the Fed will not have
to
> raise rates as aggressively as it did in 1994 because in 1994 we
had not
> yet established the full credibility for our low inflation strategy
that I
> believe we have today." The governor lives in a world of unreality,
if he
> believes that and of course, he does not, he is lying. This is the
> continued arrogance and contempt, in which these elitists hold us.
They
> believe we are stupid and that we will believe anything. The Fed
knows
> inflation is 9-1/2% but they feel it is their duty to lie about it.
They
> know after the election interest rates will rise 4%. The Fed is nine
> months to a year behind the curve and that is deliberate.
> The man that said,"God wants me to be President," George W. Bush,
> was the pervert who gave the final approval to formulate our prison
agenda
> in Iraq. Systematic abuse, torture and rape are part of the neocons
> formulation for power. If these pukes are reelected your daughters
and
> wives are next. This is Bush's latest mission accomplished. Next,
we will
> be told he speaks to God, as his Messianism knows no limits. We
think of
> this as we look at naked, abused, tortured and raped women who are
now
> pregnant by the beasts under orders from Mr. Bush. Every woman in
prison
> was raped hundreds of times. This needless war for profit has
unleashed
> the very foulest dregs of our society. What we have, as a result,
is chaos
> in tribal and religious dimensions. We are going to have to win Iraq
> street-by-street and house-by-house and we will lose many of our
loved
> ones. That is why both Bush and the neocons and Democrats are
working
> behind the scenes to assure a majority vote for a new selective
service
> draft so your children and grandchildren cannot only die but be
rape,
> abuse and torture participants. We are not liberators; we are
invaders and
> occupiers. The war is costing $350 billion a year and 36% of the
world's
> military expenses. Yes, with much money and hundreds of thousands of
> troops we are subjugating a people, and we get to pay for it as Mr.
Bush's
> cronies steal billions of dollars. Now there is panic in
Washington. Iraq
> could get worse and Mr. Bush could lose the election. We are told by
> General Abizaed, that violence would increase after the 6/30/04
handover
> and that the Iraqis won't be ready to assume responsibility for
security
> until April 2005. Who will assume command of Iraq? It will not be
the
> criminal Ahmad Chalabi, he has been purged. Yes, the inner
illuminist
> circle, or should we say pentagon, is running around like the
keystone
> cops. The tragedy is so many people are dying. The economy is on
steroids
> and even the feeble of mind are aware of it. The employment figures
are
> still lies. The Ohio Steel Plant Bush touted as a model last year is
> closing and 1,300 more will be fired in a state, which 170,000 have
lost
> jobs in the manufacturing sector that ended up in China. Another
sacrifice
> to free trade and globalization as our country heads down the drain.
> Unfortunately, the Democrat alternative is not any better. We are
voting
> for a third party candidate.
> Lack of jobs in Mexico and the possibility of becoming American
> citizens offered by George W. Bush have poor Mexicans dying in
record
> numbers as they try to cross the border into the US. Sixty-one of
these
> poor souls have died in the Arizona border region since October 1;
triple
> the number of the previous year. All because our President does not
have
> our border adequately protected and because he entices them to come
here
> to garner Latino votes. Last year 154 deaths occurred in the Tucson
and
> Yuma sector. Who out there would attempt to cross the Sonora desert
> between Yuma and Nogales in 130-degree temperatures? In just five
months
> apprehensions in the desert south of Tucson

Thread gesperrt

 

gesamter Thread:

• alles für eine lange Nacht: aus einem US-Forum geholt - wo ist die Brille? - Emerald, 05.06.2004, 22:49
  • Re: Uff....worum gehts denn.. (wenigsten so ungefähr) (o.T.) - MattB, 05.06.2004, 23:05
    • Re: Ach Gott, wieder das Gelbe... - MattB, 05.06.2004, 23:25
  • Ja, Emerald, erkläre uns bitte auf Deutsch in 10 Sätzen, was uns so erwartet... - Prosciutto, 05.06.2004, 23:08
    • Re: Ja, Emerald, erkläre uns bitte auf Deutsch in 10 Sätzen, was uns so erwartet... - Emerald, 05.06.2004, 23:16
      • Hmm, ziemlich interessant, mal schauen. (o.Text) - Prosciutto, 05.06.2004, 23:32
  • deutsch auf die schnelle: - igelei, 05.06.2004, 23:35
    • shit zu schnell enter gedr. dauert noch!!! - igelei, 05.06.2004, 23:36
  • nun aber wirklich deutsch auf die schnelle:... - igelei, 06.06.2004, 00:15
    • Re: nun aber wirklich deutsch auf die schnelle:... - MattB, 06.06.2004, 00:25
      • Re: nun aber wirklich deutsch auf die schnelle:... - MC Muffin, 06.06.2004, 00:36
        • Re: Hinterm Mond? (o.Text) - MattB, 06.06.2004, 00:42
          • Re: Naja gucks dir doch an im Momennt haben sie nix. - Loki, 06.06.2004, 02:29
          • Re: Hinterm Mond? (o.Text) - MC Muffin, 06.06.2004, 12:00
            • Re: Hinterm Mond? (o.Text) - MC Muffin, 06.06.2004, 12:03
            • Re: Ã-l(industry) auch hinterm Mond? [Telepolis] - MattB, 10.06.2004, 11:30
    • Auf jeden Fall schon vielen Dank für deine (bisherige) Ãœbersetzung!:-)) - Prosciutto, 06.06.2004, 00:29
    • Re: nun aber wirklich deutsch auf die schnelle:... Teil 2 - igelei, 06.06.2004, 02:24
      • CPA = Coalition Provisional Authority = Verwaltung Iraks durch US/UK (o.Text) - gnom, 06.06.2004, 10:12
      • 1,2,3 fertig ist die igelei...Dankeschön für die zusammenfassende Ãœbersetzung! - Easy, 06.06.2004, 10:53
      • CPA: Certified Public Accountant - pendant zum dt. Wirtschaftsprüfertitel (o.Text) - off-shore-trader, 06.06.2004, 11:42
      • Re: nun aber wirklich deutsch auf die schnelle:... Teil 3 - igelei, 06.06.2004, 12:25
        • @igelei: Ein Riesendankeschön!!! (o.Text) - ---Elli---, 06.06.2004, 13:23
        • Re: nun aber wirklich deutsch auf die schnelle:... Teil 4 - igelei, 06.06.2004, 14:20
          • Vielen Dank fürs Ãœbersetzen! (o.Text) - daxput, 06.06.2004, 15:00
          • Re: nun aber wirklich deutsch auf die schnelle:... Teil 5 - igelei, 06.06.2004, 18:07
            • Re: einen ganz großen Dank auch von meinereinem an igelei mkT - Baldur der Ketzer, 06.06.2004, 18:47
              • hmm... wenn du ein wenig Spielgeld hast... mkT - igelei, 06.06.2004, 19:14
                • Re: hmm... wenn du ein wenig Spielgeld hast... mkT - MC Muffin, 07.06.2004, 10:21
            • Besten Dank fürs übersetzen (o.Text) - LenzHannover, 07.06.2004, 00:27
  • Re:.. lange Nacht -- durch Stripper gejagt, hoffentlich nun leichter lesbar - JoBar, 06.06.2004, 08:43