— Thomas Paine The Rights of Man
HOLY BAILOUT- Federal Reserve Now Backstopping $75 Trillion Of Bank Of America’s Derivatives Trades This story from Bloomberg just hit the wires this morning. . . . This is a direct transfer of risk to the taxpayer.(Another bail-out, thank you Fed for putting the people at risk. Corporations need to have all of their charters eliminated, including the Federal Reserve. Occupy Wall Street needs to understand this, though their leaders, behind-the-scenes, Soros, Rothschild, and the Rockefellers would not agree and would quit supporting Occupy Wall Street. )
Social Security to Hand Out First Raise Since ’09their first increase in benefits since 2009. It’s expected to be about 3.5%.(Much less than our current inflation rate and keep in mind it is an election year. The outcome will probably be an increase in the inflation rate.)
Mystery of the West Wing hole: What Is Obama building under the White House The hole by the West Wing is roughly 100ft by 100ft in size and has for the first time in living memory left the ground and pipes beneath the Oval office exposed to the elements.(I believe it is under-ground tunnels based on several websites examining the earthquakes out side of Washington and near Denver which they say were actually atomic weapons detonations and that the military defense tunnels at those locations were destroyed. )
U.S. Hawks Behind Iraq War Rally for Strikes Against Iran In a column headlined “Speak Softly …And Fight Back” in this week’s Weekly Standard, chief editor William Kristol, co-founder of both PNAC and FPI, said the alleged plot amounted to “an engraved invitation” by Tehran to use force against it.
Obama on Occupy Wall Street: ‘We Are On Their Side’President Obama continues to express his commitment to the Occupy Wall Street protesters.(Note the website, William Kristol’s)
Cain tells McFarland: Only preeptive strike can stop Iran Cain told McFarland . . .“I don’t think we can stop them from getting a nuclear weapon without some sort of pre-emptive strike.” . . .“I would have to talk to a lot of people before I would go so far as to say we should do a pre-emptive strike,” (Wishy-washy Zionist!! who made a statement while in Israel Herman Cain: Anyone Who Messes With Israel, Messes With The U.S. )
Ron Paul on Cainesian Economics (audio file)