Wednesday, March 17, 2010

Top Ratings Agency Warns Austerity Riots Could Hit America

Governments will be forced to devalue their currencies in desperate attempt to offset debt burden

Top Ratings Agency Warns Austerity Riots Could Hit America 160310top2

by Paul Joseph Watson

Top ratings agency Moody’s has predicted that the U.S. and the UK could witness similar riots to those seen in Greece in response to emergency austerity measures imposed by governments in an effort to retain their AAA credit status.

“Growth alone will not resolve an increasingly complicated debt equation. Preserving debt affordability at levels consistent with AAA ratings will invariably require fiscal adjustments of a magnitude that, in some cases, will test social cohesion,” said Pierre Cailleteau, the chief author of the report.

Soaring debt costs will undoubtedly force governments to continue to devalue their currencies in a desperate attempt to reduce the burden.

This will inevitably result in runaway inflation that will devastate the value of major currencies and eviscerate savings and pensions. The cost of living will accelerate and taxes will be raised as the people continue to foot the bill for a wealth transfer amounting to trillions that has been plundered by the offshore banking elite.

The only way to protect yourself against this approaching financial tsunami is by swapping crumbling paper money for gold bullion, which has proven to be a safe store of wealth for thousands of years.

We were laughed at for urging people to buy gold to protect their savings when it was at a mere $300 and the world was drunk on the illusion that the stock market bubble would continue to inflate without a crash. Whereas the Dow Jones has returned to its level of a decade ago at just above 10,000, gold has quadrupled in value in that same period.

With currencies being attacked from every angle as the financial recovery grinds to a halt due to governments being forced to impose austerity measures, we continue to invite people to take a positive step in countering the continuous assault on their wealth by the central banks by repositioning a sensible portion of their savings into physical gold bullion.


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Vitamin D better than vaccines at preventing flu, report claims

The risk of children suffering from flu can be halved if they take vitamin D, doctors in Japan have found. The finding has implications for flu epidemics since vitamin D, which is naturally produced by the human body when exposed to direct sunlight, has no significant side effects, costs little and can be several times more effective than anti-viral drugs or vaccine.

Only one in ten children, aged six to 15 years, taking the sunshine vitamin in a clinical trial came down with flu compared with one in five given a dummy tablet. Mitsuyoshi Urashima, the Japanese doctor who led the trial, told The Times that vitamin D was more effective than vaccines in preventing flu.

Vitamin D was found to be even more effective when the comparison left out children who were already given extra vitamin D by their parents, outside the trial. Taking the sunshine vitamin was then shown to reduce the risk of flu to a third of what it would otherwise be.

Altogether 354 children took part in the trial, which took place during the winter of 2008-09, before the swine flu epidemic. Vitamin D was found to protect against influenza A, which caused last year’s epidemic, but not against the less common influenza B.

The trial, which was double blind, randomised, and fully controlled scientifically, was conducted by doctors and scientists from Jikei University School of Medicine in Tokyo, Japan.

The children were given a daily dose of 1200 IUs (international units) of vitamin D over a period of three months. In the first month children in the group taking the vitamin became ill just as often as those taking the dummy tablet. But by the second month, when the vitamin level in the children’s blood was higher, the advantage of the vitamin was clear.

The Japanese scientists, writing in the American Journal of Clinical Nutrition, say that the anti-viral drugs zanamivir and oseltamivir reduce risk of flu infection by 8 per cent in children who have been exposed to infection, compared with a 50 per cent or greater reduction with vitamin D.

Anti-virals are also too expensive, and possibly too toxic, to be given to the population as a whole whereas vitamin D has additional benefits. The sunshine vitamin not only prevents bone fractures but is also believed to reduce risks of cancer, heart disease, diabetes and other illness, including various bacterial as well as viral infections.

The Japanese finding supports a theory that low blood levels of the sunshine vitamin occurring in winter explain why flu epidemics generally peak between December and March.

Vitamin D activates the innate immune system, enabling the body to produce several proteins such as defensin and cathelicidin which trigger cell activity and disable viruses.

Dr Urashima said: “Vitamin D and vaccine work by quite different mechanisms. Vitamin D enhances innate immunity while vaccine enhances acquired immunity. So we do not have to select only one way of prevention, rather we should do both ways, I think.”

Dr John Oxford, professor of virology at Queen Mary School of Medicine, London, said: “This is a timely study. It will be noticed by scientists. It fits in with the seasonal pattern of flu. There is an increasing background of solid science that makes the vitamin D story credible. But this study needs to be replicated. If it is confirmed we might think of giving vitamin D at the same time as we vaccinate.”

A Fake War In Serbia ~ Muslims Against Christians

Would you care to see how the media makes up fake stories that we all believe?

Would you care to understand how the media pits Christians against Muslims?

Would you care to see how the media protects NATO war crimes?

If you can simply get through the first 30 minutes of the first video I think that might be all you'll need to see. I'm watching all of the videos but I think the first 30 minutes are enough. Even the first 25 minutes should be enough.

This is the best example I've ever seen of total media manipulation. Propaganda of the highest order where a villain is created and the weaker good guys created right alongside. It's criminal. It pitted Christians against Muslims and the reality is that both sides were equally responsible but in America we can't have that. We need good guys and bad guys or the story doesn't work. America supported the Muslims in this war. It made us look good to the Muslim world so we could go off to Iraq and Afghanistan and kill millions of them with impunity.

Here's the 21st centuries second Public Relations War. The first was in the Gulf but even less is written about that one. This one should have been submitted for Academy Awards.

The video's are below, thanks to James.




Celente on 2010: Wave of Terror, Internet revolt & War on migration

Click this link ......

Peter Schiff: The Crisis Starts Now!

Click this link ......

US Readies Cyberwar, Virtual Flag Terrorism

Google is now preparing to leave China as a result of this company’s stubborn refusal to obey Chinese laws. Google is in effect demanding extraterritoriality and immunity to the legal norms of the host nation, a claim which goes back to the unequal treaties imposed by foreign imperialists, notably the British, on China starting in the 19th century. It is not surprising that the Chinese response to this arrogant interference in the internal affairs of a sovereign state has been stern.

We must also recall that Google was founded with the help of the US intelligence community, and is now acting as a virtual arm of the US National Security Agency, the electronic espionage department of the US government. Google-NSA’s arrogance and hypocrisy are unbearable, especially when we bear in mind the countless times that Google search engines have been used to suppress exposés of the US governments false flag operations, most notably 9/11, and other sensitive topics.
There are two sides to the conflict between Google-NSA and China. One is the Great Cyberwall erected by the Chinese government against attempts by the US-UK to capitalize on ethnic and social tensions inside China to launch a color revolution, CIA people power coup, or postmodern putsch. The other aspect is Google’s claim that hackers working for the Chinese government raided Google’s e-mail servers. The second charge has been formally denied by the Chinese.
Even as Google prepares to shut down its Chinese operations, something larger and more sinister is looming. The US Wall Street-controlled media are gearing up to educate the public about imminent cyberwarfare and cyber-conflict. We can sense that Andrew Marshall, the Pentagon’s infamous octogenarian Yoda of the Office of Net Assessment, is playing a key role behind the scenes. This effort was formally launched in May 2009 by none other than Obama, who announced a buildup of US cyberwar assets, illustrating his project with the claim that his own campaign websites had been hacked during the 2008 campaign, prompting him to seek the assistance of FBI, CIA, NSA and the rest.
One highlight of this US propaganda campaign has been a two-hour docudrama special recently repeated several times on CNN on Feb. 20-21, simulating a massive cyber attack on the United States, starting with cell phones and then taking over into computers.[1] The impact of this attack is to shut down telephone communications, followed by airports and rail services, and finally to knock out most of the US electrical power grid, causing panic and chaos. The simulation is presented in the form of a meeting of the National Security Council while the US is under attack. Several protagonists of the 9/11 cover-up were among the starring players, including Jamie Gorelick (playing the US Attorney General), John Negroponte (playing the Secretary of State), and Michael Chertoff (in the role of the National Security Council Director).
Another important sign of the times is a Feb. 28 op-ed in the Washington Post by Admiral Mike McConnell, who headed up the NSA under Clinton, and is now a top executive for Booz Allen Hamilton, one of the military consulting firms which claims to have the greatest expertise in matters of cyber warfare.[2] Admiral McConnell’s basic idea is that cyber war is now upon us, and that the US must respond using the experience of the Cold War as the relevant model.
The results of this campaign of preparatory propaganda can be summed up under four basic points.
One is the relentless exaggeration of what cyber warfare can actually do in its present state. The public is now expected to believe that computer viruses and denial of service attacks can be used to shut down phone service, cripple airports, prevent trains from running, sabotage nuclear reactors, and paralyze power grids over the quasi-totality of the United States. Many of these claims were launched in relatively obscure articles by CIA officials or Wall Street Journal writers. It is not at all clear that cyber warfare can do what these interested parties are alleging. Rather, the best intelligence estimate right now is that we are in the presence of a new wave of cynical and demagogic fear mongering, similar to the weapons of mass distraction charges made by the neocons against Iraq during the buildup of war hysteria in 2002-2003. The idea that cyber warfare can shut down electrical grids very likely belongs in the same category with Tony Blair’s ludicrous charge that Saddam Hussein had the ability to strike London in 45 minutes. It was a fantastic lie.
A second Leitmotiv is the transposition of the terminology and mindset of the Cold War and nuclear confrontation into the modern cyber arena. The CNN simulation works towards refurbishing notions of deterrence, retaliation, and first strike, dressing them up in the trendy jargon of the computer age. Notions of preventive attack and preemptive attack are also being revamped. One big difference which the propagandists do not point out is that, while nuclear war was considered an unthinkable last resort by most government officials, the new propaganda portrays cyberwarfare as not unthinkable at all, but something that can be indulged in with relative impunity.
Very important legal questions arise in this context. Does a cyber attack constitute an armed attack? Can a cyber attack be casus belli, grounds for issuing a declaration of war? Is escalation from computers to bombs legal? Can a cyber attack represent a threat to international peace and security for the purposes of the United Nations charter? Can a cyber attack be used to invoke article V of the NATO treaty, which calls for common defense?
A third aspect of the current media blitz is that a new cast of enemies is being groomed and brought onstage, even as the shadowy adversaries of yesterday are relegated to a less prominent position – at least as far as cyber-aggression is concerned. In the CNN simulation, there is some discussion of a possible role of “Al Qaeda” and “bin Laden” in the ongoing attack. But this idea is brusquely and almost scornfully dismissed with the reply that those guys are known to live in caves, and therefore could hardly have the equipment necessary to carry on cyber warfare, even though they might desire to do so. For the CNN producers and their intelligence community consultants, the targets are clear: Russia (specifically the city of Irkutsk), China, and Sudan are the three countries mentioned as sources of the cyber attacks shutting down the US economy. With this, we have gone far beyond the narrow confines of the Middle East to target the largest country in the world, the largest country in Asia, and the largest country in Africa. The new target list involves two great powers, and not simply Iraq or Iran. We can see bigger and more lunatic adventures being prepared by the US scenario writers.
The fourth unmistakable overtone of the current propaganda barrage is the danger we can sum up under the heading of virtual flag terrorism. The world of cyber warfare is so opaque and recondite for the average person, and solid confirmation of claims so hard to come by, that rogue bureaucrats in the US and British governments will be able to a surge virtually anything with little fear of being refuted. Google accuses China of hacking without offering any convincing proof, and China denies the charge. What is the average person to believe? What prevents hackers in league with invisible government rogue moles at the NSA from deliberately attacking US facilities, and then blaming it on China, thus ginning up a major international provocation with little risk of being caught?
If millions of people are plunged into the dark, if trains and airliners crash, if other disasters occur, it is child’s play to issue a communiqué blaming hackers in the service of the Russian, Chinese, Sudanese, the Iranians, or other governments. The governments accused can certainly issue denials, but it is not clear how such a charge could be convincingly refuted.
The CNN simulation includes a discussion of the difference between location and attribution, meaning that the mere fact that an attack is launched from the country’s territory does not mean that the government is responsible. “Location is not attribution,” intones Secretary of State Negroponte at one point. But we can already hear the voice of the inevitable neocon warmonger asserting à la Bush that no distinction must be made between the servers spreading a destructive virus and the government whose territory harbors those servers. For the neocon, location and attribution are sure to be the same. This opens the possibility of starting a conflict by infiltrating physical provocateurs onto the territory of the targeted nation, and letting them launch a cyber attack from there. Even easier, so-called botnets of captive computers commandeered by trojans and related viruses can be used to launch the attack.
It goes without saying that the beltway bandits and Pentagon contractors are eager to cash in on the lucrative contracts that are now in the offing. More broadly, cyber warfare can be used as a great alibi for purposes of avoiding civil liability in the age of underfunding and asset stripping. When we have the next crash in the Washington DC metro, the management and the National Transportation Safety Board can ignore decades of underfunding and simply blame everything on Russia, China, and the Sudan, and tell the families of the victims to go and sue those governments. It is therefore time to begin a campaign of counter-inoculation of international public opinion against this new set of ominous lies which is being foisted off on the world.

Competition for the IMF’s Gold?

On February 24, Reuters reported that the Reserve Bank of India was “set to be a buyer” of the 191.3 tonnes (6.74 million ounces) of gold the IMF is selling. Although the bank wouldn’t comment directly on the possibility, they did say, “We are closely looking at the gold market… gold is a safe bet.”

The article then quoted an unidentified official from the China Gold Association as saying, “It is not feasible for China to buy the IMF bullion, as any purchase or even intent to do so would trigger market speculation and volatility.”

But the next day, Finmarket news agency in Russia reported that China “confirmed its intention” to buy the IMF gold. “Chinese officials have confirmed previous announcements from IMF experts and said that the purchasing of 191 tons of gold would not exert negative influence on the world market.”

While they’ve been silent since, both India and China have publicly hinted they want this latest batch of yellow bars from the IMF. There’s no way to know if a competitive bid would spring up between these two countries, but…can you imagine the ramifications if one did?

When India bought 200 tonnes of IMF gold last November 3, it set off a buying spree that saw gold rise 14.2% in 4 weeks. What if this time around, a couple central banks both want the gold for sale? What if China says to India, “Not so fast, guys. We’d like to bid on that, too…” and word of that clash leaked out?

Pure speculation, of course, but competing for gold purchases isn’t a far-fetched idea. This sale is not pre-arranged; it’s an open market sale. Also, there’s only so much to go around. These two countries have only a tiny amount of their reserves in gold. Throw in the fact that central banks worldwide are already net buyers.

A pretty delicious thought, wouldn’t you say?

The gold price dropped a tad on the IMF announcement, but is up 1.1% since then. It’s pretty hard to make a case that IMF sales will hurt the gold price. As I said a few weeks ago in my dirty jokes column, IMF sales tend to mark bottoms in the price and not tops. The World Gold Council reported that floor traders now consider $1,054 as a floor in the market. Why? That was the average price India paid for the 200-tonnes they bought from the IMF last fall.

Meanwhile, what is our government doing?


You’ll recall that that big spike in the U.S. monetary base in late 2008 was never before seen in history. The Federal Reserve basically doubled it overnight. Our economist Terry Coxon described it as “beyond unprecedented.”

So, they stopped that insane activity, right? Since December 2008, the monetary base has swelled from 1.69 trillion to 2.18 trillion, a 29% increase and another new record.

Printing paper money vs. buying physical gold. I don’t know about you, but I think I’ll follow China and India’s lead here, even if I have to compete for the price I pay for my gold.

Is $1054 really the bottom in the gold price? Check out our 4 clues in the current issue of Casey’s Gold & Resource Report here risk free.