Monday, March 19, 2012

RUSSIA'S PUTIN NEED'S OIL AT $150.00 TO PAY FOR ELECTION PROMISES AND SENDING TROOPS TO SYRIA

Posted by BH
FROM FREE ZONE MEDIA WFZR

Is  Obama taking orders from Commie Putin?  
And aren't they hugging just a little too closely?  Ugh!
NYT reposts Putin needs oil at $150 to Pay for Campaign Promises
Will the Russian Czar foment turmoil in the Mideast to drive up oil prices?
Are there prophetic implications?
Vladimir Putin made a lot of promises to voters in his recent run to reemerge as the President of the Russian Federation — about $160 billion worth of promises, to be more precise. Among them:
He promised to increase Russia’s military budget by $787 billion to make the Red Army a far more advanced and aggressive fighting force.
He promised to pay parents an $8,300 bonus for having a third child (given that Russians are having so few children that their population is steadily contracting and the Russian civilization is dying off).
He also promised to increase pay for teachers, doctors and retirees.
* He also wants to build a “Eurasian Union,” a political/military/economic alliance – possibly with a common currency — with Belarus, Kazakhstan, and other Muslim former Soviet Republics to become a regional (and possibly global) powerhouse, possibly by 2015, or even as soon as 2013.
The problem is the Kremlin can’t possibly pay for all these promises unless the price of oil averages $150 a barrel, and oil prices have never consistently stayed that high and currently are averaging about $120 a barrel.
Another, more ominous possibility, is that Putin is going to find a way to significantly drive up the price of oil, perhaps by fomenting turmoil in the Middle East.
Also from flashtrafficblog this evening: 
“A Russian military unit has arrived in Syria, according to Russian news reports, a development that a United Nations Security Council source told ABC News was ‘a bomb’ certain to have serious repercussions,” reports ABC News. “Russia, one of President Bashar al-Assad’s strongest allies despite international condemnation of the government’s violent crackdown on the country’s uprising, has repeatedly blocked the United Nations Security Council’s attempts to halt the violence, accusing the U.S. and its allies of trying to start another war. Now the Russian Black Sea fleet’s Iman tanker has arrived in the Syrian port of Tartus on the Mediterranean Sea with an anti-terror squad from the Russian Marines aboard according to the Interfax news agency. The Russian news reports did not elaborate on the Russian troops’ mission in Syria or if they are expected to leave the port....Moscow has long enjoyed a cozy relationship with the Assad regime, to which it sells billions of dollars of weapons. In return Russia has maintained a Navy base at Tartus, which gives it access to the Mediterranean.” Developing....
To read all the senarios that Putin may incite in the Mid East, go BELOW  and of course, make a comment.

The Duchess of Cambridge presented shamrocks to the 1st Battalion Irish Guards at the St Patrick’s Day Parade

Posted by BH
The Duchess of Cambridge presented shamrocks to the 1st Battalion Irish Guards at the St Patrick’s Day Parade, Mons Barracks, Aldershot. The origin of the Royal gift of Shamrock dates back to the Regiment's first St Patrick's day in 1901. The Duchess also met the Irish Guards mascot, an Irish Wolfhound called Conmael and presented him with a Shamrock.

Photos: Sergeant Steven Hughes, RLC - MOD/Crown Copyright 2012


The Duchess meets Irish Guards mascot, Irish Wolfhound Conmael and presents him with a Shamrock.


The Duchess of Cambridge meets members of the Irish Guards during St Patrick's Day at Mons Barracks.


The Duchess of Cambridge meets members of the Irish Guards Cadets during St Patrick's Day at Mons Barracks.


The Duchess of Cambridge meets members of the Irish Guards Cadets during St Patrick's Day at Mons Barracks.


The Duchess of Cambridge meets members of the Irish Guards Cadets during St Patrick's Day at Mons Barracks.


The Duchess of Cambridge chats to the Regimental Sergeant Major, Irish guards, during a group photograph at Mons Barracks during St Patrick's Day.

Subject: The Old Breed, Marine's Letter to OUR Editor

Posted by Bh
Submitted by DH

Nothing to add to this!

Subject: The Old Breed, Letter to the Editor
After months in the “bush” as a young Marine infantry officer in Vietnam, I had the opportunity to attend the legendary festivities at the U.S. Air Force’s “Gunfighters Club” at the airstrip in Da Nang.  Cold beer, “round-eyed” entertainers!  For a recently wounded Marine this could be “Heaven,” and a touch of home.
As I entered the Gunfighter’s complex I was approached by an Air Force Staff - NCO who demanded that I surrender my weapons.  This meant my combat knife, my K-Bar (I had two), my M-16 with multiple magazines, .45 cal pistol (I had two with multiple magazines), and a half dozen fragmentation hand-grenades.
I listened to the music and the sounds of home coming from the interior of the club, and offered the Air Force Staff-NCO the following option.  I pulled the pin from one of my frag grenades, handed him the pin, ejected the magazine from one of my .45 cal pistols, and holding the pistol in one hand and the magazine in the other asked him the following question…. Do you want my weapons sergeant, or do you want to live? 
That was my generation.  Today, I hear that a limp wrist Sec of Defense (Leon Panetta) ordered Marines to disarm before he gave a speech to a bunch of “diplomats” in Afghanistan.  My question to this disgrace to America would have been ….  Mr. Secretary, “do you want my weapons, or do you want to live?”
Semper Fi and God Bless America,
Col. J.J. Preston, USMC (Ret.)

THOMAS SOWELL SAY'S THE EDGES ROMNEY HAS TODAY WILL NOT HOLD IN THE FALL ELECTION

Posted by BH

By THOMAS SOWELL Posted 06:34 PM ETFROM FREE ZONE MEDIA
http://news.investors.com/article/604802/201203191834/obama-not-romney-will-be-front-runner-this-fall.htm
Many people may be voting for Mitt Romney because of the view in some quarters that he is the inevitable Republican candidate for president of the United States and the candidate with the best chance of beating Barack Obama, rather than because they actually prefer Romney to the other candidates.
Inevitability has a very unreliable track record. Within living memory, totalitarianism was considered to be "the wave of the future." During the primary season, people should vote for whomever they prefer, on their own merits, not because pundits have pronounced them inevitable.
Regardless of what the polls or the pundits say about Mitt Romney's chances of winning the Republican nomination, the conditions that made him the front-runner in the primaries are the direct opposite of the conditions for the general election.
The biggest single reason why Gov. Romney is the front-runner is that he has had the overwhelming advantage in money spent and in "boots on the ground" running his campaign in states across the country.
Romney has outspent each of his rivals — and all of his rivals put together. His campaign organization has been operating for years, and it has put his name on the ballot everywhere, while neither Santorum nor Gingrich had a big enough organization to get on the ballot in an important state like Virginia.
In the general election, President Obama will have all the advantages against Romney that Romney currently has against his Republican rivals. Barack Obama will have boots on the ground everywhere — not just members of the Democratic Party organization but thousands of labor union members as well.
Incumbency alone guarantees the president plenty of money to finance his campaign, not only from enthusiastic supporters but also from businesses regulated by the government, who know that holders of political power demand tribute. And the mainstream media will give Obama more publicity than Romney can buy.
How does anyone ever defeat a sitting president then? They do it because they have a message that rings and resonates. The last Republican to defeat a sitting president was Ronald Reagan. He was the only Republican to do so in the 20th century.
He didn't do it with polls. At one point during the election campaign, President Jimmy Carter led Reagan with 58% to 40% in the polls. So much for the polls that so many are relying on so heavily today.
The question is not which Republican looks better against Barack Obama in the polls today, before the general election campaign begins. The question is which Republican can take the fight to Barack Obama, as Reagan took the fight to Carter, and win the poll that ultimately matters, the vote on Election Day.
The biggest fighting issue for Republicans is ObamaCare. Can the author of RomneyCare as governor of Massachusetts make that an effective issue by splitting hairs over state vs. federal mandates? Can a man who has been defensive about his own wealth fight off the standard class warfare of Barack Obama, who can push all the demagogic buttons against Mitt Romney as one of the one-percenters?
Rick Santorum, and especially Newt Gingrich, are fighters — and this election is going to be a fight to the finish, with the fate of this country in the balance. Mitt Romney has depended on massive character assassination advertising campaigns to undermine his rivals. That will not work against Barack Obama.
Even a truthful account of the Obama administration's many disastrous failures, at home and abroad, will be automatically countered by the mainstream media, 90% of whom voted for Obama in the 2008 election.
It is truer in this election than in most that "it takes a candidate to beat a candidate." And that candidate has to offer both himself and his vision. Massive ad campaigns against rivals is not a vision.
Some, like the first President Bush, disdained "the vision thing" — and he lost the presidency that he had inherited from Ronald Reagan, lost it to a virtual unknown from Arkansas.
The vision matters, more than the polls and even more than incumbency in the White House.

know terroist caught at Chicago Airport .... POSSIBLY ARMED AND DANGEROUS

Posted by BH
MY GOD , IS THIS WHAT WE ARE AFRAID OF... BILLIONS OF DOLLARS TO DO THIS >

NO FURTHER COMMENT TO BIG SIS ?

IT'S THERE AND THEN IT'S GONE ? NOW YOU SEE IT - NOW YOU DON'T ?

Posted by HS

THIS IS SECRET STUFF... KEEP YOUR MOUTH SHUT ?
Have you heard that Malia Obama, the president’s daughter, is reportedly spending her spring break in Oaxaca, Mexico? Allegedly, she’s jetting off with some of her classmates and 25 Secret Service agents to a country that the State Department has said all Americans should avoid. But something is different about the latest “Obama vacation controversy:” references to it are disappearing from the Internet — and fast.
Around 3:00 EST, a Telegraph story reporting on the event was the first to vanish (note how the url remains the same in the “before” and “after”):
Malia Obama Oaxaca, Mexico Vacation Story Disappearing from the Web
Before
Malia Obama Oaxaca, Mexico Vacation Story Disappearing from the Web
After
Then, the related Huffington Post article was found to be linking back to a completely unrelated Yahoo News page titled “Senegal Music Star Youssou Ndour Hits Campaign Trail.”
The Huffington Post article:

Obama faith adviser under fire for ‘anti-Israel’ remarks: Dalia Mogahed has larger, undisclosed radical Islamic background.

Posted by BH
FROM FREE ZONE MEDIA AND Aaron Klein

 By Aaron Klein

image
By Aaron Klein
Dalia Mogahed, a member of President Barack Obama’s Advisory Council on Faith-Based and Neighborhood Partnerships, is under fire for her remarks on Twitter about Israel.
KleinOnline first exposed Mogahed’s radical Islamic ties, including how she was a partner in an Islamic project whose stated goal was to “define, interpret and implement the concept of the Islamic State in modern times.”
Now she is attempting to deflect controversy after she wrote on Twitter about her opposition to Syrian President Bashar al-Assad, in which she pointed out the embattled ruler can no longer “deliver…resistance to Israel.”
Her full Tweet read: “To those siding w/ Assad: he cannot deliver stability, protection of minorities, or resistance to Israel. He is a killer w/o legitimacy.”
After bloggers noticed, Mogahed tweeted, “I am criticizing (people) who support Assad because they think he resists Israel.”
However, her tweet in question can be easily interpreted to mean she is decrying Assad’s inability to “resist” Israel.
“Resistance” is a term routinely used by Islamic extremists to mean terrorism targeting civilians.
Besides her role on the White House Advisory Council on Faith-Based and Neighborhood Partnerships, Mogahed is also on the advisory council of the Department of Homeland Security. She testified before the Senate on engagement with the Muslim community.
Obama’s faith adviser helped craft ‘perfect Islamic state’
Mogahed has a larger controversial Islamic history.
She was a partner in an Islamic project whose stated goal was to “define, interpret and implement the concept of the Islamic State in modern times,” KleinOnline previously reported.
The project was founded and directed by Imam Feisal Abdul Rauf, the controversial Muslim cleric behind the 13-story, $100 million Islamic cultural center and mosquebeing built two blocks from Ground Zero in New York City.
Together with Rauf, Mogahed was a leading voice in the Leadership Group on U.S.-Muslim Engagement, which issued a 153-page recommendation paper, obtained and reviewed by KleinOnline, that calls for dialogue with Hamas.
The consensus focused on improving America’s 
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TOP SUSPECT WAS CAUGHT AND LET GO IN FAST AND FURIOUS CASE - DISSAPPEARED BACK TO MEXICO

Posted by BH


Federal agents stopped the main target of the ill-fated operation in May 2010. After they questioned him, he disappeared back into Mexico, and the program went on to spiral out of control 

http://www.jewishworldreview.com/0312/fast_and_furious_snafu.php3?printer_friendly 

mASHINGTON — (MCT) Seven months after federal agents began the ill-fated Fast and Furious gun-tracking operation, they stumbled upon their main suspect in a remote Arizona outpost on the Mexican border, driving an old BMW with 74 rounds of ammunition and nine cellphones hidden inside.

Detained for questioning that day in May 2010, Manuel Fabian Celis-Acosta described to agents from theBureau of Alcohol, Tobacco, Firearms and Explosiveshis close association with a top Mexican drug cartel member, according to documents obtained this weekend by the Times/Tribune Washington Bureau.

The top Fast and Furious investigator, Special Agent Hope MacAllister, scribbled her phone number on a $10 bill after he pledged to cooperate and keep in touch with investigators.

Then Celis-Acosta disappeared into Mexico. He never called.



Had they arrested him red-handed trying to smuggle ammunition into Mexico, Fast and Furious might have ended quickly. Instead, the program dragged on for another eight months, spiraling out of control.

Celis-Acosta continued slipping back and forth across the border, authorities say, illegally purchasing more U.S. weapons and financing others. He was not arrested until February 2011, a month after Fast and Furious closed down.

The operation, run by the ATF's Phoenix field office, allowed illegal gun purchases in Arizona in hopes of tracking the weapons to Mexican drug cartel leaders. Instead, about 1,700 guns vanished, and scores turned up at crime scenes in Mexico. Two were found south of Tucson where U.S. Border Patrol agent Brian Terry was shot to death in December 2010.

Why ATF agents did not arrest Celis-Acosta immediately is not clear. He was their prime suspect and the subject of secret wiretaps approved by the Justice Department.
"Due to the fact that the criminal case is still ongoing in the courts, and the inspector general's office is still investigating, we cannot comment about this," ATF chief spokesman Drew Wade said.

Other law enforcement officials, speaking anonymously because of ongoing investigations, acknowledged it was a crucial blunder in a deeply flawed program. "I don't know why they didn't arrest him," one said. "They certainly could have."

But, another argued, agents may have viewed Celis-Acosta as a possible conduit to the cartels. "He was cooperating and talking a lot and giving up a lot," he said. "From an investigative standpoint, that's pretty good information you're getting. Maybe he can hook you into even bigger fish."



Fast and Furious, which is under investigation by the Justice Department's inspector general, Rep. Darrell Issa (R-Vista) and Sen. Charles E. Grassley (R-Iowa), began Oct. 31, 2009. From the start, Celis-Acosta, 24, was the main target,
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Grassfire Nation Update on OBAMACARE NATIONAL HEALTHCARE LAW ?

Posted by BH

National Petition of American Seniors
United In Opposition To ObamaCare

Grassfire Nation Update

William,

A just released Congressional Budget Office report says President Obama’s “national healthcare law will cost $1.76 trillion over a decade” far surpassing the original $940 billion forecast when first signed into law!

According to Philip Klein of the Washington Examiner, Democrats “cooked the books” on ObamaCare, suppressing the real numbers, and giving the leftist illusion that his statist plan was much cheaper, “meet[ing] Obama’s pledge that the legislation would cost ‘around $900 billion over ten years.’”

Of course none of this is a surprise, really. Many roundly criticized the original CBO score -- but for the true cost to already be approaching $2 trillion is frightening.

But it gets worse. Klein says Americans won’t get the actual ten-year cost until next year!

+ + Emergency Petition Delivery Opposing ObamaCare!

In less than ten days, the U.S. Supreme Court will begin hearing oral arguments against the constitutionality of ObamaCare (March 26, 27, 28), and it’s vital that mature American citizens have an opportunity to express their outrage over an already failing healthcare plan.

That’s why we’ve teamed with Conservative 50 Plus -- a conservative alternative to the Left-leaning and ObamaCare supporting AARP. As you probably know by now, AARP stands to make untold millions if ObamaCare is fully implemented, and they are doing all they can to “sell it” to mature Americans.

Don’t buy their lies. The truth is in the numbers above.

Instead, take a moment to sign Conservative 50 Plus’s national petition that they will be delivering to the U.S. Supreme Court in less than ten days!
CLICK BELOW TO READ MORE

What the Mailman Knows about Ayers and Obama

Posted by BH
Submitted by Robert Bassett

March 19, 2012

What the Mailman Knows about Ayers and Obama

By Jack Cashill
A few days ago I got a call asking whether I knew anything about the Ayers family mailman.  I had heard of him, I said.  I remembered liberal blogger Steven Diamond having interviewed the fellow a few years back, but I paid it little mind, as the information seemed too limited to pursue.
The caller then sent me a video interview with the mailman by WND sleuth Jerome Corsi.  The video made me sit up and pay attention.  The mailman is a real person.  His name is Alan Hulton.  He seems entirely credible, and he has a story to tell.
Hulton delivered mail in Glen Ellyn, Illinois, from 1962 to 2001 with a couple years off to serve in the military.  During roughly ten of those years, he delivered mail to the home of Tom and Mary Ayers, Bill Ayers's parents.  Hulton talked to Tom once, Mary several times, their daughter-in-law Bernardine Dohrn a few times, and Bill Ayers not at all.  Memorably, he talked once to one of their visitors, but more on that in a moment.
As Hulton tells Corsi -- and he has sworn an affidavit to the same -- he met Tom Ayers not long after the Ayerses moved to the neighborhood.  Until he retired in 1980 at the age of 65, Tom Ayers was the CEO and chairman of Commonwealth Edison.  Tom, however, was not your garden-variety plutocrat.  According to Diamond, who knows his way around Chicago politics, Tom was a "lifelong liberal" -- one deeply involved in the same educational reform movement that engaged son Bill and, briefly, Barack Obama in 1988.  Tom Ayers was comfortable enough with Bill's lifestyle to live with him in Hyde Park until Tom died in 2007.
When Hulton met Tom Ayers, they talked about working conditions at the Post Office.  "I couldn't believe how he responded," Hulton told Diamond.  "He started to talk about workers having to struggle to survive and about peasants and the proletariat.  It made me think later that he might be a Marxist!"  Hulton would tell Corsi, "I had this uncomfortable feeling that he thought he knew about my situation as a working person better than I did, that he knew what was best for me."
Hulton also recalls one particular conversation with Mary Ayers.  "She was enthusiastically talking to me about 
 CLICK BELOW TO READ MORE AND SEE VIDEO

WOULD JESUS APOLOGIZE FOR SPEAKING TRUTH?

Posted by BH

Why is it so hard for white Christian leaders to say Barack Obama is emphatically not a Christian?


Exclusive: Rev. Jesse Lee Peterson declares, 'Obama is not a Christian'

Published: 03/04/2012 at 6:18 PMhttp://www.wnd.com/2012/03/would-jesus-apologize-for-speaking-truth/
By Rev. Jesse Lee Peterson
Why is it so hard for white Christian leaders to say Barack Obama is emphatically not a Christian?
While appearing on MSNBC’s “Morning Joe,” evangelist Franklin Graham was ambushed by a pack of liberal pundits and asked whether he believed Barack Obama was a Christian.
Graham responded, “I cannot answer that question for anybody.” He went on to say that because Obama’s father was a Muslim, “under Islamic law, the Muslim world sees Barack Obama as a Muslim.” The NAACP and a dozen left-wing black church leaders attacked him for “bearing false witness” and accused him of fomenting racism.
Last week Graham apologized. He said in a written statement:
I regret any comments I have ever made which may have cast any doubt on the personal faith of our president, Mr. Obama.
These are the words of a weak man. Where is the representation of Christ in this statement?
Anyone with any insight can see Obama is not a Christian. We see it in his radical pro-abortion – even infanticide – stance: His record as an Illinois senator reveals a desire to even kill babies left alive after a botched abortion.
A man who goes so far as to tell Catholic hospitals they must cover abortion-inducing drugs for their employees is definitely not a Christian.
CLICK BELOW TO READ MORE

American flag with President Obama's image sparks outrage

Posted by BH

~~~~~

Clueless Bob Schieffer Befuddled by Idea Team Obama Wants Higher Gas Prices: ‘What’s That About?

Posted by BH

By Brent Baker
Another example of how out of touch the Washington press corps are with what is common knowledge amongst conservatives. On Face the Nation, host Bob Schieffer was flummoxed by Mitt Romney’s contention that Obama officials desire high gas prices: 
Mitt Romney said...that the President actually wanted gas prices to go up when he was running for President. He also said the President should fire his three top energy people because they were trying to get the price up. What’s that about?
Guest David Axelrod of the Obama campaign assured Schieffer: “Well, I think it’s about nonsense is what it's about.” Minutes later, when RNC Chairman Reince Priebus pointed out “the President’s own energy czar said -- and this is undisputed -- that he wanted gas prices to go to European levels,” a clueless Schieffer talked over Priebus, demanding: “When did he say that?”
Of course, though CBS News didn’t bother to report it, during a House hearing on Tuesday, Secretary of Energy Steven Chu “walked back,” as Politico put it, his 2008 statement: “Somehow, we have to figure out how to boost the price of gasoline to the levels in Europe.”

Back in 2007, Barack
Obama predicted “a lot of us are going to have to pay more per unit for electricity” to cover the higher cost of “green” energy production.

 ~~~~~~~~
Audio: MP3 clip which matches three-part video mash up above
Schieffer did at least ask Axelrod: “Was it a mistake now in retrospect to stop that Keystone pipeline project? They were going to bring a pipeline to bring the oil down to the Gulf coast from Canada. That would put a lot of people to work amongst other things. Do you have regrets about not moving along with that?”

That very decision is evidence of why conservatives consider Obama himself, Chu, Interior Secretary Ken Salazar and Environmental Protection Agency administrator Lisa Jackson all hostile to fossil fuels as all have enacted impediments to domestic drilling and production – all of which, over the long term, raises the price of energy.

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NEW CARTOON ROLL FOR MAR 19 UP TOP ON A PAGE

Posted by BH



FACTS FROM FREE ZONE MEDIA

POSTED BY BH



ALLEN WEST NEWSLETTER FROM FLORDIA

Posted by BH


Dear Patriot,

Greetings to our constituents, fellow Floridians, and all Americans. It is Sunday, March 18th and I just got back this morning from a really nice trip to Minnesota and Nebraska, first time ever visiting those great states.  I was very happy the skies were sunny and the temperature was in the high 70s to low 80s! I want to thank everyone I met in Minnesota and Nebraska for their kindness, hospitality, and prayers.

I was truly perplexed about one thing while in Nebraska, and that is the Democrat candidate for Senator, Bob Kerrey. It seems the former Senator has not lived in Nebraska for more than ten years and has filed using a relative’s address, claiming he lives in the basement. I am continually astonished by the hypocracy of the left!

Down here in South Florida there are some who refer to me as a “carpetbagger” because I will be running in a new Congressional district which encompasses 24 percent of the district I currently represent.

And how long did Hillary Clinton live in New York before she ran for United States Senate there?

This is just another example of why I just cannot take liberal progressives seriously when it comes to intellectual discourse and truth. This constant duplicity threatens the future and legacy of our great Republic, especially for our children and grandchildren. We must see their hypocrisy and call it out at every given opportunity, which as you can see, is quite regular.

Speaking of hypocrisy, we now know who the “alleged” shooter was in Afghanistan, killing 16 people including women and children. Army Staff Sergeant Robert Bales has now been transferred to 
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GREG HUNTER'S USA WATCHDOG REPORT MAR 19, 2012

Posted by BH


Karl Denninger–EU Debt Crisis and Coming Financial Crash

19 March 2012
By Greg Hunter’s 
Plenty of financial news was made last week which gave us lots of questions for Karl Denninger.  It seems almost every week, there is a major story coming out of Wall Street, Washington D.C. or from the other side of the Atlantic.  Greg Hunter talks to Karl Denninger of Market-Ticker.com to get some answers.  Denninger is no stranger to covering the real financial news the mainstream media (MSM) won’t touch.  According to his bio, “Mr. Denninger received the 2008 Reed Irvine Accuracy In Media Award for Grassroots Journalism for his coverage of the 2008 market meltdown.  In 2011, Wiley published his book “Leverage,” detailing the causes of the 2008 financial collapse along with analysis and policy prescriptions for the future.” 




The world saw another Greek debt deal hammered out where 95% of bondholders voluntarily took a 75% loss.  Is the European debt crisis behind us now, or are other financially troubled countries such as Portugal, Spain and Italy going to want the same deal?  One tip-off might be the Chicago Mercantile Exchange (CME) has also voluntarily stopped its derivative clearing house operation in Europe.  CME acted as a clearing house for many kinds of derivatives including credit default swaps (CDS).  CDS are basically insurance for things like sovereign debt that turns sour.  What reason would the CME have to suddenly stop doing business in Europe?  CME’s slogan is “. . . where the world comes to manage risk.”  Maybe the company is managing a little risk of its own?  There was, also, big market moving news on the results of bank stress tests done by the Federal Reserve.  Are they really good tests or more of a PR ploy?  Is the economy stronger today than before the 2008 meltdown?
Denninger thinks the EU debt crisis is far from over, real estate still has a lot further to drop and America is heading for another financial crash “before the end of the year.”   
Video interviews with newsmakers and experts are going to be a new segment featured on USAWatchdog.com.  We had some technical problems with the video on our side during the recording, but the audio was so good, we thought you needed to hear it.  The site is a work in progress, and we are constantly working to improve.  Please enjoy the interview.

Rorbert Bales Arives in Kanas Lockup from Afghanistan - Now What ?

Posted by BH

EDITOR DAVE's Note: This is typical of the Current Administration: Drive someone into the ground, cause them to take a FORESEEABLE course of action, then crucify them. 
If I had a son/daughter of that age, the LAST place in the world I would recommend is the U S Army. 



Rorbert Bales
AP
Rorbert Bales

By GERRY SHIELDS and ANNIE KARNI

Authorities will charge an Army sergeant accused of going on a civilian killing spree in Afghanistan within a week — and his defense team is already believed to be preparing a case based on the state of his mental health.
The lawyer for Staff Sgt. Robert Bales — who allegedly stabbed or shot nine children and seven adults to death in Afghanistan last Sunday — plans to cite post-traumatic stress disorder as part of his defense, The Christian Science Monitor reported yesterday.
Defense attorney John Henry Browne is to meet with Bales, 38, in his isolated cell at Fort Leavenworth, Kan., today.

The trial would be in the United States, and Afghan witnesses would be flown in, sources said.
The case will no doubt shine a spotlight on the overdeployment of US troops to war zones, military experts say.
“Nobody has been asked to do so much for so long,” Paul Rieckhoff, an Iraq war vet and founder of Iraq and Afghanistan Veterans of America, said yesterday, referring to exhausted troops, on NBC’s “Meet the Press.”
“The military may not be broken,” he added, “but it’s tired.”
Bales had served three tours in Iraq and suffered injuries, including a concussion, when he was dispatched to Kandahar Province in Afghanistan in December.
On the day before he allegedly left base at 3 a.m. to go on his killing spree in two Afghan villages, Bales saw a friend’s leg get blown off by an explosive.
Colleagues and neighbors believe that ignited the powder keg of stress that was already in his life.
His family was under extreme financial pressure, their Tacoma, Wash., house having been put on the market because they were behind on mortgage payments and more than $50,000 in debt, according to The Washington Post.
http://www.nypost.com/p/news/national/killer_sarge_psych_tactic_HbQ8YJg9z1spARIgEcENIJ#ixzz1pZHehTkx

OBAMA STRUGGLING TO CONTAIN IRAN NUKES - BAD EXCUSES

Posted by Bh
EPA
headshotAmir Taheri
With President Obama struggling to explain his failure to slow, let alone stop, the Iranian nuclear program, apologists are rushing to the rescue. They harp on three themes, all apparently aimed at confusing the debate.
Crusader: Revolutionary ideology pushes Iran toward nuclear extremism. Here, President Mahmoud Ahmadinejad greets supporters this month.The first is that we don’t know for sure that Iran is building a bomb. Well, no, we don’t — but only because the mullahs won’t let the International Atomic Energy Agency find out. Even then, in his latest report, IAEA chief Yukiya Amano states: “Iran has engaged in activities relevant to the development of nuclear explosive devices.”

There’s also the fact that, in 2003, Iran’s then-president, Muhammad Khatami, claimed that Tehran had stopped the military aspects of its project. If there’d been nothing to begin with, it would’ve been difficult to stop it.

The second theme is that even if the mullahs are building the bomb, the United States can stop them through sanctions. However, we know that 30 years of sanctions have had no effect on Iran’s behavior on key issues, including the nuclear one.
The third theme could be summed up thus: If Iran builds a bomb, learn to live with it. To back that advice, apologists recommend containment and deterrence, such as that practiced in the Cold War.
The problem is that the immediate issue is one of proliferation, not deterrence or containment. As a signatory of the Nuclear Non-proliferation Treaty, Iran may not build a bomb. The UN Security Council has passed five resolutions demanding that Iran honor its treaty obligations.
To allow it to violate the treaty would be a nod to the law of the jungle and a serious blow to international order. If Iran goes nuclear, half a dozen (some say up to 20) other nations might seek such arsenals, while the danger of terrorist access to nuclear material would rise dramatically.

Nor are containment and deterrence the magic solutions the apologists contend.

In practice, “containment” contained nothing. 

The US strategy was first outlined by George Kennan in a diplomatic cable in 1947. Within four years
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