The War On Cash: Why Now?

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Mises Institute
by Charles Hugh Smith

money

You’ve probably read that there is a “war on cash” being waged on various fronts around the world. What exactly does a “war on cash” mean?

It means governments are limiting the use of cash and a variety of official-mouthpiece economists are calling for the outright abolition of cash. Authorities are both restricting the amount of cash that can be withdrawn from banks, and limiting what can be purchased with cash.

These limits are broadly called “capital controls.”

Why Now?

Before we get to that, let’s distinguish between physical cash — currency and coins in your possession — and digital cash in the bank. The difference is self-evident: cash in hand cannot be confiscated by a “bail-in” (i.e., officially sanctioned theft) in which the government or bank expropriates a percentage of cash deposited in the bank. Cash in hand cannot be chipped away by negative interest rates or fees.

Cash in the bank cannot be withdrawn in a financial emergency that shutters the banks (i.e., a bank holiday).

When pundits suggest cash is “obsolete,” they mean physical paper money and coins, not cash in a bank. Cash in the bank is perfectly fine with the government and its well-paid yes-men (paging Mr. Rogoff and Mr. Buiter) because this cash can be expropriated by either “bail-ins” or by negative interest rates.

Inflation and Negative Interest Rates

Mr. Buiter, for example, recently opined that the spot of bother in 2008–09 (the Global Financial Meltdown) could have been avoided if banks had only charged a 6 percent negative interest rate on cash: in effect, taking 6 percent of the depositor’s cash to force everyone to spend what cash they might have.

Both cash in hand and cash in the bank are subject to one favored method of expropriation, inflation. Inflation — the single most cherished goal of every central bank — steals purchasing power from physical cash and digital cash alike. Inflation punishes holders of cash and benefits those with debt, as debt becomes cheaper to service.

The beneficial effect of inflation on debt has been in play for decades, so it can’t be the cause of governments’ recent interest in eliminating physical cash.

So now we return to the question: Why are governments suddenly declaring war on physical cash, the oldest officially issued form of money?

Why They Hate Cash in Hand

The first reason: physical cash has the potential to evade both taxes as well as officially sanctioned theft via bail-ins and negative interest rates. In short, physical cash is extremely difficult for governments to steal.

Some of you may find the word theft harsh or even offensive. But we must differentiate between taxes — which are levied to pay for the state’s programs that in principle benefit all citizens — and bail-ins, i.e., the taking of depositors’ cash to bail out banks that became insolvent through the actions of the banks’ management, not the actions of depositors.

Bail-ins are theft, pure and simple. Since the government enforces the taking, it is officially sanctioned theft, but theft nonetheless.

Negative interest rates are another form of officially sanctioned theft. In a world without the financial repression of zero-interest rates (ZIRP — central banks’ most beloved policy), lenders would charge borrowers enough interest to pay depositors for the use of their cash and earn the lender a profit.

If borrowers are paying interest, negative interest rates are theft, pure and simple.

Why are governments suddenly so keen to ban physical cash? The answer appears to be that the banks and government authorities are anticipating bail-ins, steeply negative interest rates and hefty fees on cash, and they want to close any opening regular depositors might have to escape these forms of officially sanctioned theft. The escape mechanism from bail-ins and fees on cash deposits is physical cash, and hence the sudden flurry of calls to eliminate cash as a relic of a bygone age — that is, an age when commoners had some way to safeguard their money from bail-ins and bankers’ control.

Forcing Those With Cash To Spend or Gamble Their Cash

Negative interest rates (and fees on cash, which are equivalently punitive to savers) raise another question: why are governments suddenly obsessed with forcing owners of cash to either spend it or gamble it in the financial-market casinos?

The conventional answer voiced by Mr. Buiter is that recession and credit contraction result from households and enterprises hoarding cash instead of spending it. The solution to recession is thus to force all those stingy cash hoarders to spend their money.

There are three enormous flaws in this thinking.

One is that households and businesses have cash to hoard. The reality is the bottom 90 percent of households have less income now than they did fifteen years ago, which means their spending has declined not from hoarding but from declining income.

Median Household Income in the 21st Century

While corporate America has basked in the glory of sharply rising profits, small business has not prospered in the same fashion. Indeed, by some measures, small business has been in a six-year recession.

The bottom 90 percent has less income and faces higher living expenses, so only the top slice of households has any substantial cash. This top slice may see few safe opportunities to invest their savings, so they choose to keep their savings in cash rather than gamble it in a rigged casino (i.e., the stock market).

The second flaw is that hoarding cash is the only rational, prudent response in an era of financial repression and economic insecurity. What central banks are demanding — that we spend every penny of our earnings rather than save some for investments we control or emergencies — is counter to our best interests.

A War on Cash Is a War on Capital

This leads to the third flaw: capital — which begins its life as savings — is the foundation of capitalism. If you attack savings as a scourge, you are attacking capitalism and upward mobility, for only those who save capital can invest it to build wealth. By attacking cash, the central banks and governments are attacking capital and upward mobility.

Those who already own the majority of productive assets are able to borrow essentially unlimited sums at near-zero interest rates, which they can use to buy more productive assets. Everyone else — the bottom 99.5 percent — is reduced to consumer-serfdom: you are not supposed to accumulate productive capital, you are supposed to spend every penny you earn on interest payments, goods, and services.

This inversion of capitalism dooms an economy to all the ills we are experiencing in abundance: rising income inequality, reduced opportunities for entrepreneurship, rising debt burdens, and a short-term perspective that voids the longer-term planning required to build sustainable productivity and wealth.

Physical Cash: Only $1.36 Trillion

According to the Federal Reserve, total outstanding physical cash amounts to $1.36 trillion.

Given that a substantial amount of this cash is held overseas, physical cash is a tiny part of the domestic economy and the nation’s total assets. For context: the US economy is $17.5 trillion, total financial assets of households and nonprofit organizations total $68 trillion, base money is around $4 trillion, and total money (currency in circulation and demand deposits) is over $10 trillion (source).

Given the relatively modest quantity of physical cash, claims that eliminating it will boost the economy ring hollow.

Following the principle of cui bono — to whose benefit? — let’s ask: What are the benefits of eliminating physical cash to banks and the government?

Benefits To Banks and the Government of Eliminating Physical Cash

The benefits to banks and governments by eliminating cash are self-evident:

  1.  Every financial transaction can be taxed.
  2.  Every financial transaction can be charged a fee.
  3.  Bank runs are eliminated.

In fractional reserve systems such as ours, banks are only required to hold a fraction of their assets in cash. Thus a bank might only have 1 percent of its assets in cash. If customers fear the bank might be insolvent, they crowd the bank and demand their deposits in physical cash. The bank quickly runs out of physical cash and closes its doors, further fueling a panic.

The federal government began insuring deposits after the Great Depression triggered the collapse of hundreds of banks, and that guarantee limited bank runs, as depositors no longer needed to fear a bank closing would mean their money on deposit was lost.

But since people could conceivably sense a disturbance in the Financial Force and decide to turn digital cash into physical cash as a precaution, eliminating physical cash also eliminates the possibility of bank runs, as there will be no form of cash that isn’t controlled by banks.

So, when the dust has settled who ultimately benefits by this war on cash, government and the central banks, pure and simple.

Mises Institute

The South American Financial Crisis Of 2015

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The Economic Collapse
by Michael Snyder

South America - Public Domain

Most nations in South America are either already experiencing an economic recession or are right on the verge of one.  In general, South American economies are very heavily dependent on exports, and right now they are being absolutely shredded by the twin blades of a commodity price collapse and a skyrocketing U.S. dollar.  During the boom times in South America, governments and businesses loaded up on tremendous amounts of debt.  Since much of that debt was denominated in U.S. dollars, South American borrowers are now finding that it takes much more of their own local currencies to service and pay back those debts.  At the same time, there is much less demand for commodities being produced by South American nations in the international marketplace.  As a result, South America is heading into a full-blown financial crisis which will cause years of pain for the entire continent.

If you know your financial history, then you know that we have seen this exact same scenario play out before in various parts of the world.  The following comes from a recent CNN article

The dollar’s gains should make history nerds shake in their boots. Its rally in the early 1980s helped trigger Latin America’s debt crisis. Fifteen years later, the greenback surged quickly again, causing Southeast Asian economies, such as Thailand, to collapse after a run on the banks ensued.

In particular, what is going on right now is so similar to what took place back in the early 1980s.  At that time, Latin American governments were swimming in debt, the U.S. dollar was surging and commodity prices were falling.  The conditions were perfect for a debt crisis in Latin America, and that is precisely what happened

When the world economy went into recession in the 1970s and 80s, and oil prices skyrocketed, it created a breaking point for most countries in the region. Developing countries also found themselves in a desperate liquidity crunch. Petroleum exporting countries – flush with cash after the oil price increases of 1973-74 – invested their money with international banks, which ‘recycled’ a major portion of the capital as loans to Latin American governments. The sharp increase in oil prices caused many countries to search out more loans to cover the high prices, and even oil producing countries wanted to use the opportunity to develop further. These oil producers believed that the high prices would remain and would allow them to pay off their additional debt.

As interest rates increased in the United States of America and in Europe in 1979, debt payments also increased, making it harder for borrowing countries to pay back their debts. Deterioration in the exchange rate with the US dollar meant that Latin American governments ended up owing tremendous quantities of their national currencies, as well as losing purchasing power. The contraction of world trade in 1981 caused the prices of primary resources (Latin America’s largest export) to fall.

Sadly, the same mistakes have been repeated once again.  In recent years South American nations have loaded up on vast amounts of debt, and now that commodity prices are tanking and the U.S. dollar is surging, all of that debt is creating tremendous headaches.

For instance, just consider what is happening in Brazil

Brazil’s real plummeted to a 12-year low of 3.34 to the dollar, reflecting the country’s heavy reliance on exports of iron ore and other raw materials to China.

The devaluation tightens the noose on Brazilian companies saddled with $188bn in dollar debt taken out during the glory days of the commodity boom. The oil group Petrobras alone raised $52bn on the US bond markets.

Today, Brazil has the 7th largest economy on the entire planet.

So a major financial crisis in Brazil would be extremely significant.

And that is precisely what is starting to happen.  It is being projected that Brazilian government debt will soon be reduced to junk status, Brazilian stocks have already entered “correction territory“, and economic forecasters say that the Brazilian economy is heading into its worst recession in at least 25 years

Brazil needs to brace itself for some very tough times. Brazilian banks are currently forecasting another economic contraction for the South American country in 2016, marking the first time that Brazil’s economy has shrunk in two consecutive years since the Great Depression.

Last Friday, economist Nelson Teixeira of Switzerland-based financial services holding company Credit Suisse released a revision of his already dour forecast for the Brazilian GDP, moving this year’s numbers from -1.8 percent to -2.4 percent.

The IMF is also projecting that 2015 will be a year of recession for the second largest economy in South America (Argentina) and the third largest economy in South America (Venezuela).

And actually Venezuela is in the deepest trouble of all.  According to a recent Bloomberg article, it appears to be inevitable that there will be a debt default by the Venezuelan government in the very near future…

Harvard University Professor Ricardo Hausmann last year questioned Venezuela’s decision to keep paying bondholders as the country sank deeper into crisis and suggested it stop honoring the debt.

Now, he’s saying Venezuela will have no choice but to default next year.

Hausmann’s comments come as a deepening collapse in oil prices and a shortage of dollars stoke concern Venezuela is fast running out of money to stay current on debt. The country’s bonds plunged last year after Hausmann, who served as Venezuelan planning minister after Hugo Chavez’s failed 1992 coup, raised the specter of default, saying he found “no moral grounds” for the government to pay debt at a time when Venezuelans were facing shortages of everything from basic medicine to toilet paper.

The inflation rate in Venezuela today is an astounding 68.5 percent, and the country is plunging into full-blown economic collapse.  The following comes from Zero Hedge

As we recently warned, the hyperinflationary collapse in Venezuela is reaching its terminal phase. With inflation soaring at least 65%, murder rates the 2nd highest in the world, and chronic food (and toilet paper shortages), the following disturbing clip shows what is rapidly becoming major social unrest in the Maduro’s socialist paradise… and perhaps more importantly, Venezuela shows us what the end game for every fiat money system looks like (and perhaps Janet and her colleagues should remember that).

Here is the video that was mentioned in the excerpt above.  As you watch this, please keep in mind that the United States is on the exact same path that Venezuela has gone down…

Economic chaos is beginning to erupt all over the planet, and the depression that we are entering into will truly be global in scope.

For the moment, many in the United States still believe that what is going on in the rest of the world will not affect us.  But the truth is that we are also right on the verge of a major financial crisis, and it is going to be even worse than what we experienced back in 2008.

So what do you think about what is going on down in South America?

Please feel free to add to the discussion by posting a comment below…

The Economic Collapse

Chemtrails: Aerosol and Electromagnetic Weapons in the Age of Nuclear War

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Global Research
By Amy Worthington

Chemtrails-Geoengineering

This carefully researched article by Amy Worthington first published by GR in July 2004 sheds light on the unspoken and forbidden truth: geoengineering and environmental modification (ENMOD) techniques for  military use.

It is worth noting that geo-engineering is casually dismissed and excluded from the debate on climate change. It is a scientific taboo. The mainstream media has chosen not to provide coverage of  of aerosol and electronic operations for military use and their underlying impacts on the global environment. 

Michel Chossudovsky, GR Editor, July 29, 2015 

*      *     *

North America is now suffering its seventh year of conspicuous and dangerous aerosol and electromagnetic operations conducted by the U.S. government under the guise of national security. Concerned citizens watch in fear as military tankers discolor the skies with toxic chemicals that morph into synthetic clouds.

We continually witness bizarre meteorological occurrences as powerful electromagnetic devices manipulate both the jet stream and individual storm fronts to create artificial weather and climatic conditions. Black operations projects embedded within these aerosol missions are documented to sicken and disorient select populations with biological test agents and psychotronic mind/mood control technologies.Part of what is happening in the atmosphere above us involves the Pentagon’s secret space weapons program, designed for strategic, operational and tactical levels of war. NASA missions will soon be transferred to Pentagon control.1 The Air Force Space Command declares that, in order to monitor and shape world events, it must fight intense, decisive wars with great precision from space.2 Air Force Secretary James G. Roche has stated: “Space capabilities are integrated with, and affect every link in the kill chain.”3A glimpse into new death technologies under construction is in legislation introduced by Ohio Congressman Dennis Kucinch. His unsuccessful Space Preservation Act of 2001 was intended to ban space deployment of:4

* electronic, psychotronic and information weaponry* high altitude ultra low frequency weapons

* plasma, electromagnetic, sonic and ultrasonic weapons

* laser weapons

* strategic, theater, tactical or extraterrestrial weapons

* chemical biological, environmental climate or tectonic weapons

* chemtrails (this item was stricken from a later version, suggesting duress)

In their quest to remain top dog in the kill chain, the purveyors of perpetual war have deliberately dimmed earth’s life-giving sunlight,5 and reduced atmospheric visibility with lung-clogging particulates and polymers.6 This ecological terrorism has severely compromised public health, according to thousands of testimonials. Years of mass appeals to legislators, media and military officials for information, and for cessation of catastrophic atmospheric degradation, have fallen on deaf bureaucratic ears. Public awareness of what befalls us remains as murky as our skies because those “in the know” are muzzled by national secrecy laws and Americans have no authority to challenge matters of national security. Left to gather clues, we know this much so far:

1. At least part of the aerosol project has been dubbed Operation Cloverleaf,7 probably due to its multi-faceted operations, which include: weather modification, military communications, space weapons development, ozone and global warming research plus biological weaponry and detection testing.2. Dumping tons of particulate matter from aircraft has geo-engineered our planetary atmosphere into a highly charged, electrically-conductive plasma useful for military projects.8 The air we breathe is laden with asbestos-sized synthetic fibers and toxic metals, including barium salts, aluminum, and reportedly, radioactive thorium.9 These materials act as electrolytes to enhance conductivity of military radar and radio waves.10 Poisonous on par with arsenic and a proven suppressant of the human immune system,11 atmospheric barium weakens human muscles, including those of the heart.12 Inhaled aluminum goes directly to the brain and medical specialists confirm that it causes oxidative stress within brain tissue, leading to formation of Alzheimer’s like neurofibrillary tangles.13 Radioactive thorium is known to cause leukemia and other cancers.14

3. Only a small percentage of the military’s atmospheric modification projects are visibly obvious. What we can’t see is equally dangerous. The ionosphere, the earth and its inhabitants are continually bombarded with high frequency microwaves used to manipulate the charged atmosphere for weather modification, information gathering and for tectonic (earthquake-producing) weaponry.15 Independent chemtrail researcher Clifford Carnicom confirms that we are also continuously subjected to extremely low electromagnetic frequencies (ELF) pulsing at 4 hertz multiples, frequencies known to profoundly affect human biological and mental functioning.16

4. There is a well-documented biological component to continuously ongoing atmospheric studies in which nations and regions are furtively inoculated via specially designed delivery systems with combinations of viruses, bacteria, fungi, mycoplasma, desiccated blood cells and exotic biological markers so that testmasters can assess human, animal and plant response.17

5. The multi-organizational megalith perpetrating these bio-chem projects against humanity includes the U.S. Department of Defense (DOD) and its research arm DARPA, plus the Department of Energy (DOE) with its huge network of national labs and universities. Private defense contractors and pharmaceutical companies are heavily involved.18 Cooperating governments of other nations and probably some United Nations agencies are complicit, since the aerosol projects are global in scope.

Gross chemical and electromagnetic pollution is only part of the horrific realities we endure. The sociopaths who brazenly pervert skies, climate and weather for power and profit are the same madmen who have waged four limited nuclear wars since 1991. Radioactive weaponry, declared both illegal and immoral by the entire civilized world, has been used by the Pentagon in Desert Storm, the Balkans campaign and the on-going occupation-wars against Afghanistan and Iraq. Few Americans understand the extent of carnage inflicted in their name across the planet.

By scientific definition, the missiles, tank penetrators and bunker busting bombs unleashed against Iraq and Afghanistan by U.S. and British forces in the so-called war on terror are nuclear weapons.19 Refuse from radioactive weaponry does not disperse, but remains in the atmosphere organotoxic, mutagenic and carcinogenic to all living flesh for 4.5 billion years.

Inhabitants of the Pentagon’s two newly “liberated” nations are now slowly dying of radiation and heavy metal poisoning. Victims of U.S. weaponry used in Afghanistan have a concentration of non-depleted uranium isotopes in their bodies never before seen in civilian populations.20 Tons of depleted and non-depleted uranium contaminating their land, air, food and water guarantee their painful demise. Using data from the United Kingdom Atomic Energy Authority (UKAEA), nuclear scientist Leuren Moret calculates that the estimated 2,500+ tons of depleted uranium used against Iraq in 1991 and 2003 is sufficient to cause 25 million new cancers.21 Is it a coincidence that the population of Iraq, according to the CIA, is 25 million?

The quarter million U.S. and British fighting forces who have helped the Pentagon deliver this holocaust also face inevitable radiological death by slow burn. Rotated into atomic war zones since 2001, coalition troops have inhaled and ingested millions of tiny invisible ceramic uranium particles which emit alpha, beta and gamma radiation as they embed in lungs, kidneys, blood, lymph and bone.22 Radiation exposure to a single internalized U-238 (uranium) alpha particle is 50 times the allowable whole body dose for one year under international standards.23 As U-238 decays into daughter isotopes, it becomes ever more radioactive, causing cell and organ destruction to escalate over time.24 Uranium contamination leads to incapacitating, multi-organ system disorders identical to illnesses suffered by thousands of Gulf War I vets. Bodily fluids poisoned with uranium isotopes sicken spouses and visit upon offspring a genetic Armageddon.25

Who knows what a disabled and prematurely dying military population will mean to future stability and safety of USA? Yet Senator Chuck Hagel (R- Neb.) now demands that America provide more fodder for its atomic battlefields by reinstating the military draft so that “all of our citizens…bear some responsibility and pay some price” in order to “understand the intensity of the challenges we face.”26

Despite disingenuous denials that biological harm will result from atomic warfare,27 the Pentagon knows full well the gruesome realities of uranium weaponry by virtue of its own voluminous studies spanning 60 years. Pentagon documents confirm that America’s war establishment knowingly exposes its own troops to dangerous levels of radiation.28 The resulting illness of those now returning from the war zones is already making headlines.29

Because our military-industrial overlords brazenly poison the very grunts who make their war games possible, we must logically conclude there is virtually nothing they would not secretly and sadistically do to the rest of us. Military officials lie as perniciously about chemtrail operations30 as they do about effects of DU weaponry. If people were to consider the published science regarding chemtrails and DU, they would understand that we are all in mortal jeopardy.

Both the Pentagon’s aerosol operations and its limited nuclear wars are deeply interconnected. We can trace the beginnings of Operation Cloverleaf right to the Strangelove brain of Dr. Edward Teller, father of the hydrogen bomb and proponent of nuking inhabited coast lines to rearrange them for economic projects.31 Before he died in 2003, Teller was director emeritus of Lawrence Livermore National Laboratory, where plans for nuclear, biological and directed energy weapons are crafted. In 1997, Teller publicly outlined his proposal to use aircraft to scatter in the stratosphere millions of tons of electrically-conductive metallic materials, ostensibly to reduce global warming.32

Shortly after Teller’s presentation, the public began seeing frenetic chemtrailing. In 2000, CBS News admitted that scientists were “looking at drastic solutions for global warming, including manipulating the atmosphere on a massive scale.” CBS confirmed that the plan to load the air with tiny particles would “deflect enough sunlight to trigger global cooling.”33

Teller estimated that commercial aircraft could be used to spew these particles at a cost of 33 cents a pound.34 This gives credence to a report by an airline manager, forced by a compulsory non-disclosure agreement to remain anonymous, that commercial aircraft have been co-opted to assist the military in consummating Project Cloverleaf.35 A 1991 Hughes aircraft patent confirms that sunscreen particulate materials can be run through jet engines.36 A science textbook now used in some public schools discusses the sunscreen project by showing a large orange-red jet with the caption, “Jet engines running on richer fuel would add particles to the atmosphere to create a sunscreen.” The logo on the plane says “Particle Air.”37 The implications of this crucial information should not be understated. A program to make America’s millions of annual jet flights a source of specially designed particulate pollution is serious business.

Cloverleaf particles and polymers saturating the air we breathe are smaller than 10 microns (PM 10) and are invisible to the human eye. By comparison, a human hair is 60 to 100 microns in thickness. Scientists and the EPA report that because PM10 and sub-micron pollution particles bypass lung filters and enter the blood stream, they cause radical changes in the endocrine and nervous systems. 38 They can trigger high blood pressure and cause heart attack within two hours of inhalation.39 They cause the blood to become sticky, making it tougher for the heart to pump and increasing the risk of blood clots and vessel damage.40 Now researchers in Taiwan document “a significant increase” in the number of stroke victims when PM10 pollutant levels rise.41 The American Lung Association confirms that we are breathing more toxic air than ever.42 No wonder nationwide asthma rates have been soaring in recent years.43

Tiny synthetic filaments called polymers are part of the brew. In 1990, a NATO report detailed how high-flying aircraft can modify the atmosphere by spraying polymers to absorb electromagnetic radiation.44 U.S. patent number 6315213 describes how cross-linked aqueous polymers dispersed into a storm diminish rain.45

Polymer chemist Dr. R. Michael Castle has studied atmospheric polymers for years. He has found that some of them contain bioactive materials, which can cause “serious skin lesions and diseases when absorbed into the skin.”46 He has identified microscopic polymers comprised of genetically-engineered fungal forms mutated with viruses. He says that trillions of fusarium (fungus)/virus mutated spores, which secrete a powerful mico-toxin, are part of the air we breathe.47 Allergies anyone?

We can safely bet that into our particle-enriched air, experimenters are also dumping nanoparticles, developed for a variety of military and industrial uses. These engineered carbon molecules, as small as one-thousandth the diameter of human hair, display bizarre chemical properties and are known to trigger organ damage.48 A recent study at Southern Methodist University found that fish exposed to one type of nanoparticle suffered severe brain damage after only 48 hours.49

The military’s aerosol operations have been climate altering to the extreme. Air traffic is a huge source of greenhouse pollution. Increasing that traffic exponentially in order to scatter tons of heat-trapping metallic particulates and heat-liberating barium salts have undoubtedly led to accelerated global warming. Greenhouse gases in the atmosphere, including carbon dioxide, have reached a record high this year.50 As carbon dioxide levels rise, oxygen levels decrease.

In 1996, Scientists for Global Responsibility compiled a report contending that dangerous geoengineering, as proposed by Teller and the Global Change Research Coordination Office, would be absolutely ineffective in mitigating global warming. The report noted that climate engineering research is funded by industry with a vested interest in continued high consumption of fossil fuels.51 The hair-brained scheme of particle engineering was contrived to ensure that industry polluters will never be forced to decrease their greenhouse gas emissions. But because warming and pollution trends have worsened drastically since the aerosol projects began, we must suspect that the warming mitigation program is a hoax and that chemtrailing is really intended, among other things, to create a series of “hobgoblins.”

The establishment’s modus operandi for maintaining a fierce and lucrative hold upon the collective American mind has been defined precisely by satirist H.L. Mencken (1880-1956) who wrote: “The whole aim of practical politics is to keep the populace alarmed, and thus clamorous to be led to safety, by menacing it with an endless series of hobgoblins, all of them imaginary.”

In The Report from Iron Mountain published in 1967, just as the Pentagon’s lucrative Vietnam War was being revved into high gear, establishment braintrusters confirmed that perpetual war is absolutely vital for controlling and manipulating the masses. The document even suggested a number of options for creating fictitious enemies, noting that perpetual war induces populations to give blind allegiance to political authority.52

Since the 1930s, when the Eastern Establishment, including the Bush family, used its New York banks and oil companies to secretly fund Hitler’s German Nazi party,53 our controllers have employed FEAR, the concept of ENEMY and WAR to keep us in bondage. Chemtrailing is a manifestation of the Fourth Reich, an era of corporate fascism ushered in by a powerful military juggernaut, which manufactures enemies and unleashes fake terror attacks to scare us into voiceless submission.

Both Saddam Hussein and the al Queda networks have long been nourished with U.S. government and corporate funding and groomed by U.S. military and corporate advisors to play useful roles as “enemies.”54  Former German Technology Minister Andreas von Bulow recently confirmed on U.S. radio that hijacked planes were able to fly around the eastern U.S. on 9/11 unimpeded by military interdiction because those attacks were part of a carefully-orchestrated “covert operation” designed to coerce America into perpetual conflict with the Muslim world.55

Now, a “secret” Pentagon report has been conveniently leaked to the media. It contends that abrupt climate change is the most fearful hobgoblin yet.56 Authored by change agents with ties to the CIA and the Royal Dutch/Shell Group, the report contends that abrupt climate change will lead to a global catastrophe of monumental proportions, including nuclear war and natural disasters, as whole nations disappear beneath the encroaching sea and survivors fight for dwindling food, water and energy supplies.

Yet the Pentagon has been involved for decades in the drastic manipulation of weather, climate and atmospheric conditions. The U.S. used a chemical agent dubbed Olive Oil during Operation Popeye to induce heavy rains in Vietnam 40 years ago.57 The Air Force document titled “Weather As a Force Multiplier: Owning the Weather in 2025″ lists its weaponized agenda for creating abrupt climate change including: Storm creation and modification, fog and cloud creation, precipitation enhancement, precipitation denial, drought inducement and artificial creation of “space weather.” This document also states that the military’s radical weather modification agenda will “become a part of national security policy with both domestic and international applications.”58

Weather weapons are now routinely used in war zones. A citizen reporting from Serbia noted that during NATO operations in the Balkans, black clouds suddenly materialized out of blue skies, hailstones were the size of eggs, and surreal thunder and lightening terrified the people. He reported that scientists found that the electromagnetic field over Serbia had been punctured, causing rain systems to circumvent the region.59 In addition to manufactured drought, scientists also predict that Serbia will suffer 10,000 cancer deaths from DU weaponry used there.60

According to University of Ottawa Professor Michael Chossudovsky, the military’s High-frequency Active Auroral Research Program (HAARP), operating in Alaska as part of the Strategic Defense Initiative, is a powerful tool for weather and climate modification.61 Operated jointly by the U.S. Navy and Air Force, HAARP antennas bombard and heat the ionosphere, causing electromagnetic frequencies to bounce back to earth, penetrating everything living and dead.62

HAARP transmissions make holes in the ozone,63 creating yet another hobgoblin. HAARP inventor Bernard Eastlund described in his original patent how antenna energy can interact with plumes of atmospheric particles, used as a lens or focusing device, to modify weather.64 HAARP is capable of triggering floods, droughts and hurricanes, much to the chagrin of both the European Parliament and the Russian Duma.65

HAARP also generates sweeping pulses through the ULF/ELF range.66 In 2000, independent researchers monitored HAARP transmissions of 14 hertz. They found that when these signals were broadcast at high output levels, wind speeds topped 70 miles per hour. They watched as these same transmissions dispersed a huge weather front approaching the west coast from California to British Columbia. Although precipitation had been originally forecast, the front was seen shredding apart on satellite photos and rain did not materialize.67 The hobgoblin drought can be an enriching and empowering tool for certain corporate and governing entities.

HAARP is not only capable of destabilizing agricultural and ecological systems anywhere on the planet, but its effects can target select regions to affect human physical, mental and emotional responses during non-lethal warfare projects.68 HAARP frequencies beamed at specific targets can generate catastrophic earthquakes,69 exactly like the quake last December which killed thousands of people in Iran, a nemesis nation according to the Bush administration.

The Pentagon’s warning about climate catastrophe is surely nothing more than a thinly-veiled attempt to prepare the masses for the bizarre atmospheric upheavals we can expect as the military continues to brutalize our planet and near space with its grotesque toys. And we ain’t seen nothing yet. Dr. Eastlund and his ilk have developed plans for solar power satellites designed to modify the weather with electromagnetic beam output that dwarfs the present HAARP system.70 As abrupt climate change is increasingly orchestrated, we will surely need additional fascist agencies, an ever-growing military budget and more poison-particle projects that just happen to ensure population reduction as a side benefit.

Despite visual evidence that every aspect of our physical environment is being manipulated and damaged for war games, some Americans cannot accept that dangerous covert operations are being conducted by a government they still believe to be a virtuous defender of freedom. Their stumbling block is a numbing belief that their own officials would never perpetrate dangerous experimentation on humanity since “they have families too.” History and the release of declassified government documents disprove such naiveté.

<Although “they” had families too, the U.S. government and its defense contractors exposed citizens of the northwest U.S. to huge and deliberate releases of radioactive iodine 131 from the Hanford Nuclear Reservation where plutonium was produced for nuclear bombs.71 Those Cold War releases unleashed radiation illnesses upon thousands of downwinders, some of whom received up to 350 rads of radiation when a maximum safety dose is set at .025 rads annually.72 Between 1949 and 1952, radioactive pellets, dust and particles were tested on the hapless citizens of Utah and New Mexico.73

By 1963, 1,200 nuclear weapons tests conducted at the Nevada test site had exposed every person in the U.S. to deadly radioactive fallout, causing millions of fetal deaths, spontaneous abortions, stillbirths and birth defects.74 The U.S. government also conducted over 4,000 radiation experiments on individual human test subjects without their informed consent.75 The delayed effects of decades of radiation exposure from weapons testing are today demonstrated by a U.S. population plagued with epidemic cancer and heart disease, neurological disorders, low fertility, chronic fatigue, obesity (thyroid involvement), immune system dysfunction and learning disabilities. Approximately half of all pregnancies in the U.S. result in prenatal or postnatal death or an otherwise less than healthy baby.76 As military tankers spew white chemical plumes across America at a cost of $3,448 per hour per tanker,77 we are reminded of Dr. Leonard Cole’s 1994 testimony before a Senate Committee regarding 45 years of open air testing during which military aircraft sprayed American cities with bacteria, fungus and carcinogenic chemicals.78 Between 1962-1973, the U.S. Navy conducted hundreds of bio-chem tests known as Operation SHAD (Shipboard Hazard and Defense). SHAD projects like Autumn Gold and Copper Head exposed 10,000 navy personnel to aircraft spray laden with biological and chemical warfare agents, including sarin nerve gas.79 The cocktails used in those genocidal “tests” are now linked to cancer, heart and lung problems suffered by surviving guinea pigs.

We are told that defense officials perpetrated these atrocities so that scientists could learn about how to “protect” Americans from attack. So why, in the late 80s, would our “protectors” fall all over themselves to supply Saddam Hussein’s war machine with 90 shipments of chemical and biological weaponry, including sarin, anthrax, botulism, brucella and West Nile Virus?80

It will likely be years before Americans are told what is being tested upon them during our present chemtrail/space wars era. The Hanford downwinders did not learn until 1986 what had been unleashed upon them some 30 years earlier; SHAD victims filed suit in 2003 to learn the extent to which they were intentionally exposed to dangerous substances in the 60s.

To understand how our nation has arrived at this doomsday corruption, we must recall that immediately after WWII ended, the U.S. government initiated Operation Paperclip through which a large number of German Nazi scientists were imported to the United States. Once issued new identities, these death industry pros were employed in U.S. military laboratories to develop a dazzling array of secret weaponry projects.81 With congressional funding, the crowning achievement of this nexus was the creation of ghastly new bioweapons, including the AIDS virus82 and an incapacitating chronic fatigue agent engineered from mycoplasma and brucella.83

The military is empowered to continue lethal experimentation by devious wording of Section 1520a Chapter 32 of U.S. Code Title 50. The law states that the Secretary of Defense may NOT conduct any chemical or biological test or experiment on civilian populations, unless such tests are for medical, therapeutic, pharmaceutical, agricultural, industrial purposes or for research in general or for protection against weapons or for law enforcement purposes, including riot control. So DOD may not use us for guinea pigs, unless it is for any “good” reason under the sun! The law states that human subjects must give informed consent. But a nasty loophole in Section 1515 of Chapter 32 allows informed consent to be suspended by executive order during a period of national emergency, a situation under which this nation perpetually labors by deliberate hobgoblin design.

Few American test rats realize that the Pentagon’s boys in Congress have now:

* appropriated millions of dollars for the manufacture and testing of new “mini nukes” and bunker buster bombs.84

* authorized the DOE to resume nuclear testing in Nevada.85

* exempted DOD and DOE from landmark environmental laws in the development of these new weapons.86

America’s 70,000 nuclear weapons manufactured since 1945 are not sufficient! As DOE gears up to develop and test fourth-generation nukes, numerous reports continue to surface about the agency’s sordid corruption and mismanagement. DOE’s habitual cover-up of site contamination and its devious efforts to downplay serious illnesses suffered by many of its nuclear workers are among recent scandals.87

When new “low yield” nuclear weapons (defined as being smaller than 5 kilotons) are tested in Nevada, downwinders might like to know that a mini .5 kiloton nuclear warhead would have to burrow 150 feet to eliminate atmospheric fallout. No weapon yet developed can penetrate more than 40 feet into the earth. A tested nuclear warhead that burrows to only 40 feet will throw a million cubic feet of radioactive debris into the atmosphere.88

The Pentagon’s new nuke era is in the capable hands of Defense Secretary Donald Rumsfeld, who has so ably presided over the pre-emptive nuclear incineration of Middle Eastern Muslims. Rumsfeld has never adequately explained why his Department was unable to defend the Pentagon building despite a full hour’s notice that hijacked planes were in the air. Should Rumsfeld be replaced due to the Pentagon’s Iraqi torture scandal, we are assured that his Bush-appointed successor will share his have-nuke-will-travel ideology.

Working closely with Rumsfeld is a coven of pro-nukers, including his advisor Keith Payne, a vocal advocate of pre-emptive nuclear war. Payne has written that an “intelligent” nuclear offensive launched by the U.S. would result in only 20 million U.S. casualties, “a level compatible with national survival and recovery.”89

Now that we have tied together the historical and political realities for which we mindlessly wave our flags, we still hope that sufficient numbers of American lab rats will miraculously awaken from their collective stupor and take stock of our appalling situation. After all, rodents have a notoriously short life span and are always killed when no longer useful to those conducting research. The irony of this horror story is that we rats are being plundered to finance our own demise. Our national debt of 7.2 trillion grows by $1.8 billion a day.90 The Pentagon cannot account for $2.3 trillion of its shadowy transactions.91 The radioactive operations in Iraq are costing $3.7 billion a month, those in Afghanistan $900 million a month.92 No one knows how many $billions are being flushed into Operation Cloverleaf and other hobgoblin projects. The U.S. spends $11,000 per second on weapons, according to calculations of celebrated author William Thomas.93

So, while we await the great awakening, have a wonderful, barium-dried summer under a synthetic tarpaulin of aluminum-white, particle-laden, electrically-charged aviation scum that passes for sky. Endure well your respiratory and ocular difficulties while staring at huge oily sun rings and smeary sundogs, the patent signature of chemical assault. Don’t forget to salute and click your heels when you see tanker formations patriotically saturating the atmosphere with such a dense, micro-particulate brew that they cast black shadows alongside or ahead of themselves.

As you witness the noxious drama in the skies, remember, it’s all just part of the “kill chain.”

Notes

1. “USAF Plans to Utterly Dominate, Rule Space,” Joel Bleifuss, editor of In These Times.com, 9-14-03.

2. Almanac 2000, Journal of the Air Force Association, May 2000, Vol. 83.

3. Roche’s “kill chain” statement was made during his October 2002 speech at the Conference on the Law and Policy Relating to National Security Activities in Outer Space.

4. “Pentagon Preps for War in Space,”Noah Shachtman, http://www.wirednews.com , 2-20-04.

5. “The Theft of Sunlight,” Clifford Carnicom, 10-25-03: “…Measurements show a rapid reduction in the transmission of sunlight from a value of 97% on a ‘clear day’ to the lower level of approximately 80% during the early stages of heavy aerosol operations….The absorption and displacement of this solar energy into environmental, military, biological and electromagnetic operations represents a theft of the natural and divine rights of the inhabitants of this planet.” www.carnicom.com .

6. “Visibility Standards Changed,” Clifford Carnicom, 3-30-01: “It will be noted that in October of 1997, a change in the reporting system of visibility data was reduced from a former maximum of 40 miles to a limit of 10 miles. It is a reasonable question to ask as to why that change was made, and whether or not it was made in anticipation of…large scale aircraft aerosol operations over large scale geographic regions.” http://www.carnicom.com .

7. “A Meeting,” Clifford Carnicom, 7-26-03. See http://www.carnicom.com .

8. “Atmospheric Conductivity,” Clifford Carnicom, 7-09-01, http://www.carnicom.com .

9. For facts on barium toxicity, see Agency for Toxic Substances and Disease Registry, September 1995. For references on barium related to chemtrails, see www.carnicom.com for the following articles: “Barium Tests are Positive,” Clifford Carnicom, 5-10-04; “Sub-micron Particulates Isolated,” Carnicom, 4-26-04; “Barium Affirmed by Spectroscopy,” Clifford Carnicom, 11-1-2000; “Electrolysis and Barium,” Carnicom, 5-27-02; “Rainwater Metals,” Carnicom, 7-30-01; “Barium Identification Further Confirmed,” Carnicom, 11-28-00.

10. “The Plasma Frequency: Radar Applications,” Clifford Carnicom, 11-05-01; See http://www.carnicom.com .

11. “Functional heterogeneity in the process of T lymphocyte activation; barium blocks several modes of T-cell activation, but spares a functionally unique subset of PHA-activable T cells,” Clinical Experimental Immunology, Pecanha and Dos Reis, May 1989.

12. Agency for Toxic Substances and Disease Registry (ATSDR) Safety Data Sheet.

13. Aluminum Toxicity, Barbara Barnett, MD, 11-26-02. See http://www.emedicine.com .

14. Agency for Toxic Substances and Disease Registry, July 1999; For information on thorium in chemtrails: “The Methodic Demise of Natural Earth,” Dr. Mike Castle, 3-27-04,http://www.willthomas.net .

15. Angels Don’t Play This HAARP, Nick Begich and Jeane Manning, 1995; “HAARP: Vandalism in the Sky?” Begich and Manning, Nexus Magazine, January 1996.

16. “Elf Radiation is Confirmed,” Clifford Carnicom, 11-17-02; “Elf Disruption & Countermeasures,” Clifford Carnicom 11-27-02; “A Proposal of Cascading Resonance,” Clifford Carnicom, 4-21-03. Seehttp://www.carnicom.com for these and numerous other frequency studies; also “Electromagnetic Waves Linked to Children’s Brain Tumor,” Kyodo News Service, 6-8-03.

17. Death In the Air, Global Terrorism and Toxic Warfare, Leonard G. Horowitz, Tetrahedron Publishing Group, 2001; “Military Conducting Biological Warfare in Washington,” 12-12-97, www.rense.com; Probing the Chemtrails Conundrum, William Thomas, Essence Publications, 2000, http://www.willthomas.net .

18. For a comprehensive list of those involved in Operation Cloverleaf and associated projects, see: “Chemtrails–Top Intel, Military, and Defense Contractors Watching Carnicom.com,” rense.com, 1-12-00. Among agencies most interested in opposition to chemtrail projects is the United States Department of Energy Joint Genome Institute associated with Lawrence Berkeley National Laboratory. See: “The Monitors of JGI,” Clifford Carnicom, March 17, 2003, carnicom.com.

19. The Trojan Horse of Nuclear War– A paper presented at the World Depleted Uranium Weapons Conference at the University of Hamburg, October 16-19, 2003, Dr. Leuren Moret. Dr. Moret is a former staff scientist at the Lawrence Berkeley National Laboratory and the Lawrence Livermore National Laboratory. Her work is highly documented with scientific papers.

20. Uranium Medical Research Centre, “Afghan Field Trip #2 Report,” November 2002; http://www.umrc.com ; also “Astoundingly High Afghan Uranium Levels Spark Alert,” Alex Kirby, BBC News Online, 5-23-03.

21. Moret, op. cit.

22. “Medical Effects of Internal Contamination with Uranium,” Dr. Asaf Durakovich, Department of Nuclear Medicine, Georgetown University School of Medicine, Washington D.C. March 1999. Volume 40, No. 1

23. Moret, op. cit.

24. “Contamination of Persian Gulf War Veterans and Others By Depleted Uranium,” Leonard A. Dietz, 2-21-99.

25. Durakovich, op cit; Dietz, op. cit. Moret, op. cit.

26. “Republican Senator: Bring Back the Draft,” World Net Daily, 4-20-04.

27. “Pentagon’s Uranium Denial,” New York Daily News, 4-27-04; “Pentagon: Uranium Didn’t harm N.Y. Unit,” Associated Press, 5-3-04. “Pentagon-Depleted Uranium No Health Risk,” Dr. Doug Rokke; 3-15-03. Dr. Rokke was an U.S. Army DU expert (1991-1995) and he confirms that the Pentagon is lying about DU risks.

28. Documents in which the hazards of uranium and depleted uranium exposure are discussed include: U.S. Army Training Manual STP-21-1-SMCT: Soldiers Manual of Common Tasks; “Health Effects of Depleted Uranium,” David E. McClain, Armed Forces Radiobiology Research Institute (AFRRI) Bethesda, Maryland; Marine Corp Memo Concerning DU (unclassified) 9-8-90; US Army Training Video, U.S. Army Depleted Uranium Project video: Depleted Uranium Hazard Awareness, 1995; “Army Not Adequately Prepared to Deal With Depleted Uranium Contamination,” General Accounting Office, January 1993; Office of the Secretary of Defense, Memorandum from Bernard Rostker to chiefs of all military branches re: Depleted Uranium Ammunition Training, 9-09-97.

29. “Soldiers Believe Depleted Uranium Cause of Illnesses,” Associate Press, 4-9-04; “Poisoned?” Juan Gonzalez, New York Daily News, 4-4-04. Other stories in this series are: “Inside Camp of Troubles” and “Army to Test N.Y. Guard Unit.”

30. “Air Force Increases Rank of Lie,” letter by Walter M. Washabaugh, Colonel, USAF, denying the existence of chemtrails, received by e-mail on May 22, 2001 and posted at http://www.carnicom.comby Clifford E Carnicom, May 22 2001.

31. Begich and Manning, op. cit. p. 51.

32. Global Warming and Ice Ages: Prospects for Physics-Based Modulation of Global Change, Edward Teller and Lowell Wood, Hoover Institution, Stanford University, prepared for invited presentation at the International Seminar On Planetary Emergencies, Erice, Italy, August 20-23, 1997; also “The Planet Needs a Sunscreen,” Wall Street Journal, 10-17-97.

33. CBS News Eye on America Report : Cooling the Planet in two parts: 1-15-01 and 1-16-01.

34. Teller and Wood, op. cit.

35. “An Airline Manager’s Statement,” Posted by C.E. Carnicom on behalf of the author, 5-22-00. Quote: “The few airline employees who were briefed on Project Cloverleaf were all made to undergo background checks, and before we were briefed on it we were made to sign non-disclosure agreements which basically state that if we tell anyone what we know we could be imprisoned….They told us that the government was going to pay our airline, along with others, to release special chemicals from commercial aircraft….When we asked them why didn’t they just rig military aircraft to spray these chemicals, they stated that there weren’t enough military aircraft available to release chemicals on such a large basis as needs to be done….Then someone asked why all the secrecy. The government reps then stated that if the general public knew that the aircraft they were flying on were releasing chemicals into the air, environmentalist groups would raise hell and demand the spraying stop.”

36. US patent 5003186; Stratospheric Welsbach Seeding for Reduction of Global Warming, Hughes Aircraft Company, issued March 26, 1991.

37. Secondary school text book: Science I Essential Interactions, published by Centre Point Learning, Inc. of Fairfield, Ohio. See “Chemtrail Sunscreen Taught in Schools,” William Thomas,http://www.willthomas.com .

38. “Dirty Air and High Blood Pressure Linked,” Reuters Health, 3-31-01; “Bad Air Worsens Heart Trouble: Study Blames Particulates for Many Sudden Deaths,” Marla Cone, Los Angeles Times, June 4, 2000.

39. “Tiny Air Pollutants In the Air May Trigger Heart Attacks,” John McKenzie, ABC News 6-21-01, u .

40. “Air Pollution ‘Increases Stroke Risk,’” BBC News, 10-10-2003.

41. Ibid.

42. “Americans Breathing More Polluted, Toxic Air Than Ever,” Natalie Pawelski, CNN Environmental Unit, http://www.cnn.com .

43. Asthma Statistics, www.getasthmahelp.org; “Asthma Deadly Serious,” Spokesman Review, 7-6-97; www.asthmainamerica.com .

44. NATO paper: “Modification of Tropospheric Propagation Conditions,” May, 1990.

45. US patent 6,315,213 (Cordani) issued November 13, 2001.

46. “Chemtrails, Bio-Active Crystalline Cationic Polymers,” Dr. Mike Castle, 7-14-03 See u .

47. Ibid.

48. “Nanoparticles Toxic in Aquatic Habitat, Study Finds,” Rick Weiss, Washington Post, 3-29-04.

49. Ibid.

50. “Greenhouse Gas Level Hits Record High,” 3-22-04, http://www.NewScientist.com .

51. Climate Engineering: A Critical Review of Proposals, Scientists for Global Responsibility, School of Environmental Sciences, UEA, Norwich NR47TJ, November 1996.

52. Lewin L. C et al. Report from Iron Mountain on the Possibility and Desirability of Peace, New York: The Dial Press, 1967.

53. Trading With the Enemy, Charles Higham, Delacorte Press, 1983; Wall Street and the Rise of Hitler, Antony Sutton, 1976; “IBM Sued by Holocaust Lawyers –100 other US Firms Targeted for Nazi Links,” Paterson and Wastel, The Telegraph, UK, 2-18-0l; “Ford and GM Scrutinized for Alleged Nazi Collaboration,” Michael Dobbs, Washington Post, 11-30-98; “How the Bush Family Made Its Fortune From the Nazis,” John Loftus, 7-2-02, http://www.rense.com . (John Loftus was a U.S. Department of Justice Nazi War Crimes prosecutor.)

54. This is a “Google project” that can fill volumes. Go to Google and type “CIA and al Queda,” then “CIA and Saddam.” Do the same with “Carlyle Group” for information on the Bush family’s shady dealings with the “enemy.”

55. Former German Defense Minister Confirms CIA Involvement in 9/11: Alex Jones Interviews Andreas von Bulow, 2-17-21, http://www.apfn.net

56. “Pentagon Tells Bush: Climate Change Will Destroy Us,” Mark Townsend and Paul Harris, The Observer, UK 2-24-04; “Climate Collapse, The Pentagon’s Weather Nightmare Could change Radically and Fast,” David Stipp, Fortune Magazine, 2-9-04.

57. The Dead Farmer’s Almanac, Who Really Controls the Weather? Jim Larranaga, Priority Publications, 2001.

58. Weather as a Force Multiplier: Owning the Weather In 2025, June 17, 1996. This report was produced by directive from the chief of staff of the Air Force.

59. “Very Weird Weather in Serbia, What’s Happening?” Goran Pavlovic, 10-30-03, rense.com.

60. “The Secret Nuclear War,” Eduardo Goncalves, The Ecologist, 3-22-01.

61. “Washington’s New World Order Weapons Have the Ability to Trigger Climate Change,” Center for Research on Globalization, Professor Michael Chossudovsky, University of Ottawa, January 2001.

62. “HAARP: Vandalism in the Sky?” Nick Begich and Jeane Manning, Nexus Magazine, December 1995.

63. Ibid.; also Castle, op. cit. Dr. Castle presents information on how HAARP punches massive holes in the open-air column ozone and how the Air Force then uses toxic chemicals to “patch” the holes it has created: Dr. Castle says: “Welsbach seeding and ozone hole remediation sciences utilize chemistries that are toxic to humans and the environment.”

64. “HAARP: Vandalism in the Sky?” Begich and Manning; Researcher David Yarrow is quoted as saying that Earth’s axial spin means that HAARP bursts are like a microwave knife producing a “long tear–an incision” in the multi-layer membrane of ionospheres that shield the Earth’s surface from intense solar radiation.

65. U.S. HAARP Weapon Development Concerns Russian Duma, Interfax News Agency, 8-10-02.

66. HAARP Update, Elfrad Group, http://elfrad.org/2000/Haarp2.htm    6-27-00.

67. “14 Hertz Signal Suppresses Rainfall, Induces Violent Winds,” 10-25-00, Newshawk Inc.; “When the Army Owns the Weather–Chemtrails and HAARP,” Bob Fitrakis, 2-13-02: In this article HAARP inventor Bernard Eastlund is quoted on how HAARP can affect the weather: “Significant experiments could be performed. The HAARP antenna as it is now configured modulates the auroral electrojet to induce ELF waves and thus could have an effect on the zonal winds.” Find this article with search engine at http://www.rense.com .

68. Angels Don’t Play This HAARP, Begich and Manning, op. cit.

69. Ibid.

70. “Space Based Weather Control: The ‘Thunderstorm Solar Power Satellite,’ ” Michael Theroux. See www.borderlands.com/spacewea.htm .

71. “After 12-year Wait for Trial, Downwinders Losing Hope,” Spokesman Review, 5-18-03; also “Hanford Plaintiffs Seek Details,” Spokesman Review, 4-2-04.

72. “Hanford Put Area At Risk: Spokane, North Idaho Were Exposed to Significant Radiation,” Spokesman Review,” April 22, 1994.

73. “Sick Century,” Eduardo Goncalves, The Ecologist, 11-22-01.

74. Moret, op. cit. “The Trojan Horse of Nuclear War” contains excellent statistics on the U.S. health ramifications of Cold War nuclear weapons testing and includes references to numerous scientific papers which document this tremendous damage to the national health.

75. Undue Risk, Secret State Experiments on Humans, Jonathan D. Moreno, Freeman & Co. 1999: Moreno was a senior staff member of the President’s Advisory Committee on Human Radiation Experiments which completed in 1995 its studies of horrific U.S. government radiation experiments conducted since World War II.

76. Information reported by the National Research Council of the National Academy of Science Institute of Medicine in a 2000 study titled: Scientific Frontiers in Developmental Toxicology, Board on Environmental Studies and Toxicology.

77. “Trouble With Tankers,” William Thomas, http://www.willthomas.net .

78. Testimony by Dr. Leonard A. Cole before the U.S. Senate Committee on Veterans’ Affairs, May 6, 1994; also Clouds of Secrecy, The Army’s Germ Warfare Tests Over Populated Areas, Leonard A. Cole, Rowman & Littlefield, 1988.

79. “Secret Germ Warfare Experiments?” CBS News, 5-15-2000; “Pentagon to Reveal Biowarfare Tests,” CBS News, 9-20-2000; “US Navy Sprayed BioWarfare Chemtrails on Its Own Ships and Men,” NewsMax.com, 7-8-00; “Sailors: ‘We Were Used,’ ” Florida Today, 1-31-03.

80. Senate Banking Committee Report 103-900 (Riegle Report) issued May 25, 1994. This 551-page document contains a comprehensive list of biological and chemical warfare agents shipped to Saddam by U.S. companies under purview of the U.S. Commerce Department for use against Iran during the Iran-Iraq war in the late 80s during the regime of George Bush Sr.

81. Moreno, op.cit. “To this day few Americans know about the special top-secret program that brought German scientists to the United States after World War II, and fewer still know that their number included medical scientists. Code-named Operation Paper Clip…hundreds of ‘specialists’ …entered the United States under Joint Chiefs’ protection, avoiding regular immigration procedures and requirements…It is hard to escape the conclusion that many of the German recruits were for decades important consultants on a myriad of military-medical projects.”

82. Emerging Viruses: Aids and Ebola, Dr. Len Horowitz, Tetrahedron Inc., 1996.

83. The Brucellosis Triangle, Donald W. Scott, Chelmstreet Publishers, 1998.

84. “Bush Signs Bill for New Generation Nuclear Weapons,” rense.com, 12-2-03. The Energy and Water Development Appropriations Act of 2004 allocates millions for new nuclear weapons and bolsters readiness for new weapons testing at the Nevada nuclear test site.

85. Ibid.

86. “House Approves Pentagon Wish List–Bill Includes Military Exemptions From Environmental Laws,” Nick Anderson, Los Angeles Times, 11-8-03.

87. “DOE Count of Worker Injuries Inaccurate,” Spokesman Review, 3-28-04; also “Book Alleges Cover-up at Nuclear Site,” Spokesman Review 3-28-04; also DOE Has Record of Broken Promises, editorial, 4-11-04.

88. “Kennedy Warns on Nuclear Tests,” Julian Borger in Washington, The Guardian http://www.guardian.co.uk , 4-30-03.

89. “Rumsfeld’s Dr. Strangelove,” Fred Kaplan, MSN.com, 5-12-03.

90. “Bush Drives the Nation Towards Bankruptcy,” Peter Eavis, The American Conservative, 2-15-04.

91. The War on Waste, 1-29-02, cbsnews.com.

92. “Money for Iraq Fight Running Out,” The Australian 2-12-04 These figures are from U.S Army Chief of Staff General Peter Schoomaker.

93. “Fight of the Century,” William Thomas, http://www.willthomas.net .

Global Research

US Air Force Providing Air Transit for ISIL Leaders in Iraq

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FARS News

chopper
A US chopper landed in areas under the control of the ISIL terrorist group in Western Iraq and flew away to an unknown destination with several ISIL commanders on board minutes later, Iraqi intelligence sources disclosed on Monday.

“A US chopper was seen in al-Riyadh region near Hamrin mountain,” the Arabic-language al-Malouma news website quoted the source as saying.

The source noted that the US helicopter landed in the region to transfer several ISIL leaders to an unknown destination. “This is not the first time that a US chopper lands in Hamrin mountainous region,” he said.

Meantime, several eyewitnesses also confirmed the flights of US helicopters over the ISIL-controlled areas of Havija located to the Southwest of Kirkuk in order to take the Takfiri terrorist commanders out of the region.

Witnesses say US aircraft have been flying over militant-ruled regions very frequently in the last one year, and their missions have been anything, but war and air raid.

On February 28, a group of Iraqi popular forces known as Al-Hashad Al-Shabi shot down a US Army helicopter that was carrying weapons to the ISIL in the Western parts of Al-Baghdadi region in Al-Anbar province.

To prove their claim, the Hashad Al-Shabi forces released the photos of the shot down chopper through the Internet.

Last February, Head of the Iraqi Parliament’s National Security and Defense Committee Hakem al-Zameli announced that the helicopters of the US-led anti-ISIL coalition had been dropping weapons and foodstuff for the ISIL terrorists in the Southern parts of Tikrit.

He underscored that he had documents and photos showing that the US Apache helicopters airdropped foodstuff and weapons for the ISIL.

Also in late February, al-Zameli disclosed that Iraq’s army had shot down two British planes as they were carrying weapons for the ISIL terrorists in Al-Anbar province.

“The Iraqi Parliament’s National Security and Defense Committee has access to the photos of both planes that are British and have crashed while they were carrying weapons for the ISIL,” al-Zameli said, according to a report of the Arabic-language information center of the Islamic Supreme Council of Iraq.

He said the Iraqi parliament has asked London for explanations in this regard.

The senior Iraqi legislator further unveiled that the government in Baghdad had been receiving daily reports from people and security forces in al-Anbar province on numerous flights by the US-led coalition planes that airdrop weapons and supplies for ISIL in terrorist-held areas.

The Iraqi lawmaker further noted the cause of such western aids to the terrorist group, and explained that the US prefers a chaotic situation in Anbar Province which is near the cities of Karbala and Baghdad as it does not want the ISIL crisis to come to an end.

Al-Zameli had also disclosed in January that the anti-ISIL coalition’s planes have dropped weapons and foodstuff for the ISIL in Salahuddin, Al-Anbar and Diyala provinces.

Al-Zameli underlined that the coalition is the main cause of ISIL’s survival in Iraq.

“There are proofs and evidence for the US-led coalition’s military aid to ISIL terrorists through air(dropped cargoes),” he told FNA in January.

In late December, Iraqi Parliamentary Security and Defense Commission MP disclosed that a US plane supplied the ISIL terrorist organization with arms and ammunition in Salahuddin province.

MP Majid al-Gharawi stated that the available information pointed out that US planes are supplying ISIL organization, not only in Salahuddin province, but also other provinces, Iraq TradeLink reported.

He added that the US and the international coalition are “not serious in fighting against the ISIL organization, because they have the technological power to determine the presence of ISIL gunmen and destroy them in one month”.

Gharawi added that “the US is trying to expand the time of the war against the ISIL to get guarantees from the Iraqi government to have its bases in Mosul and Anbar provinces.”

Salahuddin security commission also disclosed that “unknown planes threw arms and ammunition to the ISIL gunmen Southeast of Tikrit city”.

Also in Late December, a senior Iraqi lawmaker raised doubts about the seriousness of the anti-ISIL coalition led by the US, and said that the terrorist group still received aids dropped by unidentified aircraft.

“The international coalition is not serious about air strikes on ISIL terrorists and is even seeking to take out the popular (voluntary) forces from the battlefield against the Takfiris so that the problem with ISIL remains unsolved in the near future,” Nahlah al-Hababi told FNA.

“The ISIL terrorists are still receiving aids from unidentified fighter jets in Iraq and Syria,” she added.

Hababi said that the coalition’s precise airstrikes are launched only in those areas where the Kurdish Pishmarga forces are present, while military strikes in other regions are not so much precise.

In late December, the US-led coalition dropped aids to the Takfiri militants in an area North of Baghdad.

Field sources in Iraq told al-Manar that the international coalition airplanes dropped aids to the terrorist militants in Balad, an area which lies in Salahuddin province North of Baghdad.

In October, a high-ranking Iranian commander also slammed the US for providing aid supplies to ISIL, adding that the US claims that the weapons were mistakenly airdropped to ISIL were untrue.

“The US and the so-called anti-ISIL coalition claim that they have launched a campaign against this terrorist and criminal group – while supplying them with weapons, food and medicine in Jalawla region (a town in Diyala Governorate, Iraq). This explicitly displays the falsity of the coalition’s and the US’ claims,” Deputy Chief of Staff of the Iranian Armed Forces Brigadier General Massoud Jazayeri said.

The US claimed that it had airdropped weapons and medical aid to Kurdish fighters confronting the ISIL in Kobani, near the Turkish border in Northern Syria.

The US Defense Department said that it had airdropped 28 bundles of weapons and supplies, but one of them did not make it into the hands of the Kurdish fighters.

Video footage later showed that some of the weapons that the US airdropped were taken by ISIL militants.

The Iranian commander insisted that the US had the necessary intelligence about ISIL’s deployment in the region and that their claims to have mistakenly airdropped weapons to them are as unlikely as they are untrue.

FARS News

CIA is Using “Man’s Best Friends” for Spying

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New Eastern Outlook
by Vladimir Platov

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The activities of American intelligence services have received a somewhat extensive coverage from both the written media and different movie makers, and not just from Hollywood alone, which is explainable if one is to consider the staggering amount of funds that are being allocated by the US Congress on the secret operations of such institutions.

Therefore, recent revelations about the activities of US intelligence services that have been published by WikiLeaks and other alternative sources of information can hardly surprise anyone. In fact, what is surprising is the casual approach of German, French, and British politicians towards the fact that on top of being financially and militarily dependent on Washington, they are being constantly spied on.

The electronic surveillance means that are being used by the CIA and the NSA, elaborate software like PRISM and Xkeyscore, which allows the United States to control more than 75% of the global Internet traffic, and the 24/7 wire tapping is just the tip of the iceberg. However, Washington’s desire to establish total control over the world is not limited by electronic means alone.

Even man’s best friends are being used as an effective and completely unremarkable source of information about almost any target. Pets enjoy a somewhat universal affection, therefore they are able to freely infiltrate the most guarded secret facilities and high-ranking meetings alike. Throughout the world pets are being treated with sympathy and respect, especially when they belong to the most influential people in the world.

It’s curious that pets dwelt in the White House throughout the better part of American history, since 38 out of 44 American presidents had dog or some other pet at their side. In the US one can find a special museum dedicated to animals that had enjoyed the love of American presidents, starting from Nelson – George Washington’s favorite horse and ending with Obama’s pet dog – a Portuguese Water Dog named Sunny.

After all, the presence of a pet beside a president is an important PR factor that underlines the fact that he’s a “human after all.” Therefore, a US president without a pet dog – is a true anomaly in American politics. In addition, even in the walls of the White House, one might be compelled to feel the detachment due to numerous internal enemies. In this context the famous line of Harry Truman, that reads: “If you want a friend in Washington, get a dog”, makes a lot of sense.

The most famous and popular dog that has ever walked the corridors of the White House was the pet English Springer Spaniel named Millie, which belonged to the 41st President George H. W. Bush and his wife Barbara. Millie “co-authored” the bestseller “Millie’s Book: As Dictated to Barbara Bush” where Barbara Bush colorfully depicted the life in the White House through the eyes of a spaniel.

These facts are all the more curious if one is to consider an articles that was published in The Atlantic about the secret CIA program «Acoustic Kitty», that was dedicated to the use of cats for intelligence purposes. According to a recent CIA officer Victor Marchetti, cats were used for spying with implanted with electronic chips. One of such cats was even sent “behind enemy lines” to spy in a Soviet Embassy in Washington during the Cold War years.

So Angela Merkel and other influential politicians that are being constantly spied upon should not simply fear that top secret information might be stolen from their smartphones, laptops and cell phones, but should also keep a keen eye on their pets, since they can be a tool of American intelligence agencies too. Especially it is important when those pets were gifts by some American politicians or “friend” to share one’s secrets later on with the CIA and the NSA.

Vladimir Platov, an expert on the Middle East, exclusively for the online magazine “New Eastern Outlook” .

New Eastern Outlook

Israel Sees Nazism in Mirror it Mistakes for Window

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Washington’s Blog
by David Swanson

Israel is trying to expel the population of a village for the crime of not being Jewish, the same crime for which Israel bombs the people of Gaza for a month or so every few years and blockades them in between these bursts of violence.

Meanwhile, Mike Huckabee declares that making peace with Iran amounts to marching Israelis “to the door of the oven.”

Guess which of the two stories will get more coverage!

A crime of over 70 years ago, part of a war that in my unscientific estimate forms the single most common theme of U.S. historical fiction — whether print or film — is more important news in the view of U.S. editors than is a crime of right now.

And that was true 60 years after World War II and 50 years after and 40 and 20 and even 3 years after World War II.

Eve Spangler has just published a wonderfully well documented book that should be the text for universal history classes, called Understanding Israel/Palestine: Race, Nation, and Human Rights in the Conflict. Spangler, the U.S. child of two holocaust survivors, was a college professor before she had the slightest idea what had happened in Palestine during the twentieth century. When she found out, she went all-in and found out as much as could be known.

Spangler takes students to Israel/Palestine every year. When visiting the Arab market in Hebron, she learned that the heavy metal mesh screen overhead was hung there to protect shoppers from bricks and chairs thrown down from balconies by Israeli settlers. However, Spangler was struck with the contents of one of the objects settlers had learned could penetrate the screen: a plastic bag of human excrement. Israeli settlers behave like prisoners gone mad from confinement even as they steal the land and homes of non-Jewish people with impunity.

How can this be? What went wrong?

Well, at least a part of what went wrong went wrong from the start, from even before the 1948 Nakba in which Israelis-to-be ethnically cleansed the land without a people for the people without a land. The land without a people was more densely populated than the United States, but was seen as populated by subhuman non-people, not even Untermenschen.

“Clearly, the aspiration to creating a ‘new man,’” Spangler writes, “defined by a hyper-masculine ethos of physical and military strength and by ‘clean and pure blood’ (and a ‘new woman’ defined by fecundity) had echoes of fascist ideology and profoundly racist implications. Consider, for example, the iconic photo of an Israeli soldier gazing reverently at the Western Wall on the day that the Israeli army conquered East Jerusalem in 1967. He is startlingly Aryan in appearance. Nor did the preference for blondes end in 1967. Recently social workers told an Israeli friend of mine who is waiting to adopt a baby, that her family could have a ‘defective’ baby immediately, but would have to wait about a year for a ‘normal’ baby or up to five years if they insisted on having a blond, blue-eyed child. ‘Defective’ children, this family discovered, were dark-skinned.”

Two years after the liberation of the concentration camps in Europe, Jewish militias besieging the town of Beisan (Bet She’an), Spangler notes, “required some Arabs to don yellow armbands, and marked Arab stores with yellow decals, targeting them for looting.” Spangler, whose book covers many subtopics other than the one I’m focusing on, is infinitely careful to stress the obvious, namely that similarities are not exact equivalencies. Her point in noting the similarities is, I think, clearly and legitimately enough to expose the imperfect yet startling mimicry and the motivation of misdirected revenge in the basic policies of the Israeli government from that day to this toward the people who lived in the “uninhabited” land.

Lillian Rosengarten’s forthcoming Survival and Conscience: From the Shadows of Nazi Germany to the Jewish Boat to Gaza is an account by a Jewish woman who fled Nazi Germany for the United States as a little girl with her parents. “Nationalism revisited,” she writes, “is now twisted into a parody of the Nazi credo, ‘Deutschland über alles,’ extolling Germany over all others with only pure Germans as inhabitants. Get rid of the undesirables who are beneath contempt. I must not make such a comparison, you say. Yet I must, for I fear a Jewish State that belongs only to Jews is a dangerous road. I must question the profound psychological impairment suffered and internalized by generations of Jews that follows the Nazi Holocaust. The cycle of paranoia and abuse is playing out its destructive course: this is how I understand Palestinians as the last victims of the Holocaust.”

I would question only how Rosengarten can see into the future and find the last victims of the influence of Nazism. After World War II, the military of the United States — which, of course, arms the Israeli military free of charge while whining about how it can’t afford luxuries like schools, housing, and bridges that don’t collapse — hired sixteen hundred former Nazi scientists and doctors, including some of Adolf Hitler’s closest collaborators, including men responsible for murder, slavery, and human experimentation, including men convicted of war crimes, men acquitted of war crimes, and men who never stood trial. Some of the Nazis tried at Nuremberg had already been working for the U.S. in either Germany or the U.S. prior to the trials. Some were protected from their past by the U.S. government for years, as they lived and worked in Boston Harbor, Long Island, Maryland, Ohio, Texas, Alabama, and elsewhere, or were flown by the U.S. government to Argentina to protect them from prosecution. To observe and note the Nazification of the U.S. military is neither to absolve the U.S. military of its pre-WWII crimes nor to pass blame off to the Nazis instead of blaming U.S. officials of later generations for their own actions. Blame is not a limited quantity.

I don’t think we can dismiss Huckabee’s comments about ovens as simply a bid to be dumber than Donald Trump and win the pro-stupidity vote in the Republican primaries. Transforming Iran from devil to negotiation partner victimizes Israel precisely by stripping Israel of some of its victim-status. Without the status of eternally current victim of the fantasized reenactment of long-past crimes, Israel has to be viewed through a filter of actual facts. Were Jews victimized by Germany? Of course! Did Palestinians deserve to suffer for it? Of course not! Did Iran have anything to do with it? Of course not! Would I support pulling all the U.S. military bases out of Germany and turning all of their land over to Jewish settlers? Sure!

But only those who want to leave Palestine should leave it. Only those who want to stay in a nonviolent, pluralist, secular, democratic, state with equal rights for all and compensation for Palestinians harmed over the past many decades should remain.

Photo above is from MiddleEastMonitor.

Washington’s Blog

The Economic And Financial Problems In Europe Are Only Just Beginning…

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End Of The American Dream
by Michael Snyder

Euro Gears - Public Domain

Right now, the financial world is focused on the breathtaking stock market crash in China, but don’t forget to keep an eye on what is happening in Europe.  Collectively, the European Union has a larger population than the United States, a larger economy than either the U.S. or China, and the banking system in Europe is the biggest on the planet by far.  So what happens in Europe really matters, and at this point the European economy is absolutely primed for a meltdown.  European debt levels have never been higher, European banks are absolutely loaded with non-performing loans and high-risk derivatives, and the unemployment rate in the eurozone is currently more than double the unemployment rate in the United States.  In all the euphoria surrounding the “deal” that temporarily kept Greece in the eurozone, I think that people have forgotten that the economic and financial fundamentals in Europe have continued to deteriorate.  Whether Greece ultimately leaves the eurozone or not, a great financial crisis is inevitably coming to Europe.  It is just a matter of time.

In many ways, the economy of Europe is in significantly worse shape than the U.S. economy.  Just recently, the IMF issued a report which warned that the eurozone is “susceptible to negative shocks” and could be facing very tough economic times in the near future.  The following comes from the Guardian

The International Monetary Fund has warned the eurozone faces a gloomy economic outlook thanks to lingering worries over Greece, high unemployment and a banking sector still battling to shake off the financial crisis.

The IMF’s latest healthcheck on the eurozone found it was “susceptible to negative shocks” as growth continues to falter and monetary policymakers run out of ways to help. It called for an urgent “collective push” from the currency union to speed up reforms or else risk years of lost growth.

A moderate shock to confidence – whether from lower expected future growth or heightened geopolitical tensions – could tip the bloc into prolonged stagnation,” said Mahmood Pradhan, the IMF’s mission chief for the eurozone.

But even if there are no “shocks” to the European economy in the months ahead, the truth is that it is already in terrible shape and much of the continent is already mired in an ongoing economic depression.

Today, the official unemployment rate in the United States is just 5.3 percent, but the unemployment rate for the eurozone as a whole is sitting at 11.1 percent.  That is an absolutely terrible number, but most Europeans have come to accept it as “the new normal”.  The following are some of the prominent nations in Europe that currently have an unemployment rate of above 10 percent…

France: 10.3 percent

Italy: 12.4 percent

Portugal: 13.7 percent

Spain: 22.37 percent

Greece: 25.6 percent

And remember, these unemployment numbers often greatly understate the true scope of the problem.

For instance, in Italy the number of people “willing to work but not actively searching” is much higher than the number of Italians that are officially unemployed

For every 100 working Italians, there are 15 people seeking a job and another 20 willing to work but not actively searching, the highest level among the 28 EU countries, according to statistics agency Eurostat.

So would the true rate of unemployment in Italy be greater than 30 percent if honest numbers were being used?

That is something to think about.

Meanwhile, debt levels in virtually all European nations have shot up substantially since the last financial crisis.  Just consider the staggering debt to GDP ratios in the following nations…

France: 95.0 percent

Spain: 97.7 percent

Belgium: 106.5 percent

Ireland: 109.7 percent

Portugal: 130.2 percent

Italy: 132.1 percent

Greece: 177.1 percent

Greece is not the only debt crisis that Europe is facing by a long shot.  All of the other nations on that list are going down the exact same path that Greece has gone down.

So whether or not a “permanent solution” can be found for Greece, the reality of the matter is that Europe’s debt problems are only just beginning.

Meanwhile, the economic crisis in Greece continues to become even more dire.  At this point, nearly half of all loans in the country are non-performing, authorities are warning that bank account holders may be forced to take 30 percent haircuts when the banks are finally “bailed in”, and it is being reported that Greek banks may keep current restrictions on cash “in place for months”

Greek banks are set to keep broad cash controls in place for months, until fresh money arrives from Europe and with it a sweeping restructuring, officials believe.

Rehabilitating the country’s banks poses a difficult question. Should the eurozone take a stake in the lenders, first requiring bondholders and even big depositors to shoulder a loss, or should the bill for fixing the banks instead be added to Greece’s debt mountain?

Answering this could hold up agreement on a third bailout deal for Greece that negotiators want to conclude within weeks.

The longer it takes, the more critical the banks’ condition becomes as a 420 euro ($460) weekly limit on cash withdrawals chokes the economy and borrowers’ ability to repay loans.

Nothing has been “solved” in Greece.  The only thing that has been accomplished so far is that Greece has been kept in the euro (at least for the moment).  But for the average person on the street things continue to go from bad to worse.

How soon will it be until we see similar scenarios play out in Italy, Spain, Portugal and France?

As things in the eurozone continue to deteriorate, nations that were planning to join the euro are suddenly not so eager to do so

Poland will not join the euro while the bloc remains in danger of “burning”, its central bank governor said. Marek Belka, who has also served as the country’s prime minister, said the turmoil in Greece had weakened confidence in the single currency. “You shouldn’t rush when there is still smoke coming from a house that was burning. It is simply not safe to do so. As long as the eurozone has problems with some of its own members, don’t expect us to be enthusiastic about joining,” he said.

Yes, definitely keep an eye on what is happening in China.  Without a doubt, it is very big news.

But I believe that what is going on in Europe will ultimately prove to be an even bigger story.

The greatest financial crisis that Europe has ever seen is coming, and it is going to shake up the entire planet.

End Of The American Dream