Tuesday, March 9, 2010

Give Ben some credit

Okay, I will admit that we had a little accidental gunfire around here recently, but nobody was hurt, and all that really happened is that I wasted a lot of very expensive ammunition and scared the hell out of a lot of people, including myself, a commotion which instantly activated my Amazing Mogambo Reflexes (AMR), making me drop the delicious Hostess Cupcake that I was noisily eating and take cover on the floor, falling, as I did, on top of the aforesaid cupcake, smashing it all over myself, and all over the floor, which made it taste terrible.

But the surprising gunfire was not my fault, as I had just read that the Federal Reserve is being as dangerously incompetent as ever by continuing to massively increase the money supply (which is so horrible because it causes inflation in prices) so that they can buy up (monetize) at least a part of the massive, monstrous, mega-moolah Treasury debt issuance that will be necessary to fund the unbelievable sum of, as I understand it, US$1.9 trillion in government deficit-spending in the upcoming One Freaking Year (OFY) as a result of the massive spending of the terrible, awful, worse-than-I-had-feared, demon-from-hell Barack Obama administration, plus trillions more for the needs of the private sector, and a trillion or so in congressional "supplemental appropriations" throughout the year as congress periodically, almost ritually in a satanic kind of way, "discovers" that their original estimate of their borrowing needs was inadequate, and - surprise! - that these slimy, lying bastards need LOTS and lots more money!

I can see by rereading that paragraph that I was so wrapped up in heaping Massive Mogambo Scorn (MMS) on the arrogant, radical-left Obama, on every sniveling Democrat in the place, most of the Republicans, and on the despicable, guilty-as-charged, incompetent Federal Reserve that I never actually got around to telling you how much money and credit the Fed created last week, which was the original point I was going to make for some reason other than decrying such irresponsible expansions of the money supply that will guarantee horrific, economy-destroying, dollar-destroying, soul-destroying inflation in prices, but I forgot what I was planning to say about it, to tell you the truth, but with or without it, the increase in Fed credit last week was another $5.2 billion, which (although terrifying), is less than his usual increase, and at $5.2 billion, is merely twice the usual weekly rate of money and credit creation by the monster Alan Greenspan, former chairman of the Federal Reserve, who - single-handedly! - created all the economic mess of the world by merely creating $10 billion-or-so per month of new Federal Reserve money and credit!

Now, Fed chairman Ben Bernanke, a clueless academic, still stubbornly hews to that same, tired, insipid-yet-stupid neo-Keynesian econometric theory that has now been shown to be not only wrong, wrong, wrong, but also stupidly and catastrophically wrong, which doesn't say anything at all about the morons, like Bernanke and Princeton economist Alan Blinder, who are themselves mere representative examples of the neo-Keynesian econometric bozos rampant in the world today, all of whom believe in such imbecilities as their precious economic theories in the face of, literally, overwhelming evidence to the contrary! It is absurd on its face! Ya gotta laugh! Hahahaha!

Interestingly, a crucial part of the stupid Keynesian nonsense holds that the government can, by virtue of borrowing the money, replace any perceived lost "consumer demand", in any economic downturn, by merely borrowing and spending money, even if borrowing and spending money was the cause of the original downturn, and that there are no repercussions that cannot be solved by more borrowing and spending, and that inflation in prices has nothing to do with the money supply but with irrational exuberance! Which doesn't even make any sense! Hahahah! It doesn't even freaking make sense!!

Sharp-eyed Junior Mogambo Rangers (JMRs) will recognize the two exclamation points as indicators of something, usually the preceding sentence (as in this case), as being very important, as, now that I notice, it is, in this case, in that it is Beyond Freaking Crazy (BFC)!!!

Horrors! The punctuation using the rare triple exclamation point! You can tell I am on a roll here! I suggest you go to someplace safe in your house where your enemies would have to attempt a painful frontal assault against you, and as you wait, you think to yourself, "Obviously, this is extremely important! As indeed it is, now that I think about it after it has been drawn to my attention, thanks to the Magnificent Mogambo (MM), because you do not get anything except total, unmitigated disaster from inept management by people who cannot be controlled and who are Beyond Freaking Crazy (BFC)!"

I am very proud of you for thinking this, as it shows that it has all become clear: the preponderance of people on this planet, and in our universities, and in our media, and in our governments, and in our central banks are BFC lunatics if they think that borrowing (racking up debt) and spending money will "cure" the bust of the boom produced by borrowing (racking up debt) and spending the money! Hahahaha!

I immediately think of the joke, "Doctor! I've been gorging myself, but I never lose any weight!" but it doesn't seem to fit the conversation, somehow, and it doesn't really seem to have anything to do with anything I was talking about, which makes me think that maybe my subconscious is telling me that I SHOULD have been talking about it, which doesn't make any sense, either, because I don't think anyone needs advice on how to gorge themselves, and in fact, people seem quite disgusted when I do it, although it makes their kids laugh, meaning that the kids like me better than they like their own parents, which is a small victory for me and, although small, is a victory.

So I say to the kids, who just showed how much they love me, "Hey, kids! Tell your parents that they are idiots unless they buy gold, silver and oil right now, because unless they do, they are going to be poor when excessive government deficit-spending and excessive Federal Reserve over-creation of money and credit make prices soar as the buying power of the dollar falls, which means that you will be poor, and you tell them how you don't want to be poor, and how you have been thinking about, in an idle sort of economic self-defense way, the many, many advantages of being too young to be charged with a capital crime should they fail to acquire the aforesaid gold, silver and oil!"

This is where the parents turned around and gave me this "dirty look", which I interpreted to mean, "I surrender, under protest, to your magnificent, powerful presentation of the case for gold, silver and oil, enhanced by the paranoid notion that my own children are threatening to kill me in some bizarre extortion racket involving gold, silver and oil that you have planted in my head, which I realize is all for my own good because I now see that only an idiot would not buy gold, silver and oil when the government and the banks are acting so despicably! Thank you, handsome stranger!"

The name's Mogambo, ma'am. It's my job.

Richard Daughty is general partner and COO for Smith Consultant Group, serving the financial and medical communities, and the editor of The Mogambo Guru economic newsletter - an avocational exercise to heap disrespect on those who desperately deserve it.

(Republished with permission from The Daily Reckoning. Copyright 2010, The Daily Reckoning.)
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Danish Scientist Absconds with $2 million - More Info

Danish Scientist Absconds with $2 million More Info - Key character who "proved" vaccines don't cause autism.

A Danish scientist who was a key researcher in two studies that purport to show that mercury used in vaccines and the measles-mumps-rubella (MMR) vaccine do not cause autism is believed to have used forged documents to steal $2 million from Aarhus University in Denmark according to reports in the Copenenhagen Post Online and a statement from Aarhus University.

Poul Thorsen, MD PhD, headed up a research unit at Aarhus University that was hired by the Centers for Disease Control and Prevention to prepare a series of studies that would exonerate thimerosal, a mercury-based preservative and adjuvant used in vaccines, and the MMR vaccine from any role in causing autism. The veracity of the three studies he co-authored is now in doubt.

These studies formed the foundation for the conclusions of several Institute of Medicine reports that claimed that it was highly unlikely that thimerosal or MMR were implicated in autism.

In a statement Aarhus University officials said that believe Poulsen forged documents supposedly from the CDC to obtain the release of $2 million from the University. Poulsen resigned abruptly in March 2009 and left Denmark. Since then Thorsen has held several jobs in the US, first at Emory University in Atlanta and then at Drexel University in Philadelphia. Documents show that as late as January 22, 2009. Thorsen was employed at Drexel. Any reference to Poulsen has now been deleted from the Drexel website.

Investigations also revealed that while employed full-time for the University of Aarhus in Denmark, Poulsen simultaneously held a fulltime position at Emory University in Atlanta, and drew salaries from both Universities despite a contract with Aarhus forbidding outside employment. According to the statement from Aarhus University.

Autism advocacy groups have published extensive analyses on Thorsen's studies and found many problems in methods, assumptions and conclusions that are supported by the data. And Thorsen is the lynchpin in the series of studies used to dismiss concerns about thimerosal and MMR causing autism.

See SAFEMINDS analysis of Thorsen's role in the discredited studies here:
http://www.safeminds.org/news/pressroom/press_releases/20040518_AutismAuthorsNetwork.pdf

See the Copenhagen Post Online article at:
http://www.cphpost.dk/news/international/89-international/48229-researcher-accused-of-cheating-uni-out-of-millions.html

See the statement from Aarhus University

http://www.rescuepost.com/files/thorsen-aarhus.pdf

Read more at Age ff Autism at: www.ageofautism.com


The two studies now in doubt include:

Thimerosal and the occurrence of autism: negative ecological evidence from Danish population-based data. Madsen KM, Lauritsen MB, Pedersen CB, Thorsen P, Plesner AM, Andersen PH, Mortensen PB, Pediatrics. 2003 Sep;112(3 Pt 1):604-6.

A population-based study of measles, mumps, and rubella vaccination and autism.
Madsen KM, Hviid A, Vestergaard M, Schendel D, Wohlfahrt J, Thorsen P, Olsen J, Melbye M., N Engl J Med. 2002 Nov 7;347(19):1477-82.
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Proof that 9/11 Truthers Are Dangerous

Most Americans don't know what kind of people 9/11 truthers really are. So they can't figure out whether or not they are dangerous.

Below is a list of people who question what our Government has said about 9/11.

The list proves - once and for all - that people who question 9/11 are dangerous.

Email this list to everyone you know, to prove to them that 9/11 truthers are all dangerous nut cases.

Senior intelligence officers:
  • Former military analyst and famed whistleblower Daniel Ellsberg said that the case of a certain 9/11 whistleblower is "far more explosive than the Pentagon Papers". He also said that the government is ordering the media to cover up her allegations about 9/11. And he said that some of the claims concerning government involvement in 9/11 are credible, that "very serious questions have been raised about what they [U.S. government officials] knew beforehand and how much involvement there might have been", that engineering 9/11 would not be humanly or psychologically beyond the scope of the current administration, and that there's enough evidence to justify a new, "hard-hitting" investigation into 9/11 with subpoenas and testimony taken under oath (see this and this).
  • A 27-year CIA veteran, who chaired National Intelligence Estimates and personally delivered intelligence briefings to Presidents Ronald Reagan and George H.W. Bush, their Vice Presidents, Secretaries of State, the Joint Chiefs of Staff, and many other senior government officials (Raymond McGovern) said “I think at simplest terms, there’s a cover-up. The 9/11 Report is a joke”, and is open to the possibility that 9/11 was an inside job.
  • 20-year Marine Corps infantry and intelligence officer, the second-ranking civilian in U.S. Marine Corps Intelligence, and former CIA clandestine services case officer (David Steele) stated that "9/11 was at a minimum allowed to happen as a pretext for war", and it was probably an inside job (scroll down to Customer Review dated October 7, 2006).
  • A decorated 20-year CIA veteran, who Pulitzer-Prize winning investigative reporter Seymour Hersh called "perhaps the best on-the-ground field officer in the Middle East”, and whose astounding career formed the script for the Academy Award winning motion picture Syriana (Robert Baer) said that "the evidence points at" 9/11 having had aspects of being an inside job
  • Professor of History and International Relations, University of Maryland. Former Executive Assistant to the Director of the National Security Agency, former military attaché in China, with a 21-year career in U.S. Army Intelligence (Major John M. Newman, PhD, U.S. Army) questions the government's version of the events of 9/11.
Congressmen:

  • Former U.S. Republican Congressman and senior member of the House Armed Services Committee, and who served six years as the Chairman of the Military Research and Development Subcommittee Curt Weldon has shown that the U.S. tracked hijackers before 9/11, is open to hearing information about explosives in the Twin Towers, and is open to the possibility that 9/11 was an inside job

9/11 Commissioners:

  • And the Senior Counsel to the 9/11 Commission (John Farmer) - who led the 9/11 staff's inquiry - recently said "At some level of the government, at some point in time...there was an agreement not to tell the truth about what happened". He also said "I was shocked at how different the truth was from the way it was described .... The tapes told a radically different story from what had been told to us and the public for two years.... This is not spin. This is not true."
Other government officials:
  • Former Deputy Secretary for Intelligence and Warning under Nixon, Ford, and Carter (Morton Goulder), former Deputy Director to the White House Task Force on Terrorism (Edward L. Peck), and former US Department of State Foreign Service Officer (J. Michael Springmann), as well as a who's who of liberals and independents) jointly call for a new investigation into 9/11
  • Former Federal Prosecutor, Office of Special Investigations, U.S. Department of Justice under Presidents Jimmy Carter and Ronald Reagan; former U.S. Army Intelligence officer, and currently a widely-sought media commentator on terrorism and intelligence services (John Loftus) says "The information provided by European intelligence services prior to 9/11 was so extensive that it is no longer possible for either the CIA or FBI to assert a defense of incompetence."
  • President of the U.S. Air Force Accident Investigation Board, who also served as Pentagon Weapons Requirement Officer and as a member of the Pentagon's Quadrennial Defense Review, and who was awarded Distinguished Flying Crosses for Heroism, four Air Medals, four Meritorious Service Medals, and nine Aerial Achievement Medals (Lt. Col. Jeff Latas) is a member of a group which doubts the government's version of 9/11
  • Director of the U.S. "Star Wars" space defense program in both Republican and Democratic administrations, who was a senior air force colonel who flew 101 combat missions (Col. Robert Bowman) stated: "If our government had merely [done] nothing, and I say that as an old interceptor pilot—I know the drill, I know what it takes, I know how long it takes, I know what the procedures are, I know what they were, and I know what they’ve changed them to—if our government had merely done nothing, and allowed normal procedures to happen on that morning of 9/11, the Twin Towers would still be standing and thousands of dead Americans would still be alive. [T]hat is treason!"
Numerous other politicians, judges, legal scholars, and attorneys also question at least some aspects of the government's version of 9/11.
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Japanese Have Washington Post Running Scared over 9/11

The issue, as framed by the U.S. ruling elite’s hometown house organ is very simple; a top insider in Japan’s new government has lost his marbles. The Washington Post’s apoplexy over the fact that Councilor Yukihisa Fujita isn’t buying the official version of what happened on September 11, 2001, is well reflected in the two headlines it gave to its March 8, 2010 editorial. First we have the print edition:

Poisonous Thinking in Japan

Has a conspiratorial view of 9/11 taken hold in the ruling party?

Then we have the even more hysterical headline in the electronic version:

A Leading Japanese Politician Espouses a 9/11 Fantasy

The two paragraphs below capture the flavor of The Post’s screed. I have provided some educational assistance for the reader by supplying useful links. Only the last of the six links was in The Post’s original online version.

Fujita's ideas about the attack on the World Trade Center, which he shared with us in a recent interview, are too bizarre, half-baked and intellectually bogus to merit serious discussion. He questions whether it was really the work of terrorists; suggests that shadowy forces with advance knowledge of the plot played the stock market to profit from it; peddles the fantastic idea that eight of the 19 hijackers are alive and well; and hints that controlled demolition rather than fire or debris may be a more likely explanation for at least the collapse of the building at 7 World Trade Center, which was adjacent to the twin towers.

As with almost any calamity whose scale and scope assume historic proportions, the events of Sept. 11 have spawned a thriving subculture of conspiracy theorists at home and abroad. The only thing novel about Mr. Fujita is that a man so susceptible to the imaginings of the lunatic fringe happens to occupy a notable position in the governing apparatus of a nation that boasts the world's second-largest economy.


The giveaway as to how frantic The Post is over this matter is that they are editorializing before reporting. That Fujita, who as a graduate of Keio University is about as plugged in to Japan’s ruling “old boy” network as it is possible to be, has abandoned the 9/11 sinking ship was not previously even mentioned in The Post or anywhere else in the mainstream U.S. press, to my knowledge.

Now The Post tells us that they have interviewed him, and here we see them running out of the interview screaming like Chicken Little. So where is the interview itself? Shouldn’t we all raise a hue and cry for The Post to print the whole thing so we can decide for ourselves whether Fujita’s "ideas" (conclusions based upon an examination of the evidence?) really "are too bizarre, half-baked and intellectually bogus to merit serious discussion." The Post can’t claim lack of print space. We’re in the Internet age now. We don’t really need the mainstream media to give us all our opinions pre-chewed and digested.

I’m not holding my breath waiting for The Post to print that interview, no matter how much we might clamor for it. It would be nice if Fujita taped it and publishes it himself.

David Martin

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Geraldo Rivera Give 9/11 Truth The Finger

Click this link ...... http://www.youtube.com/watch?v=e0oPPv5FuIE&annotation_id=annotation_520739&feature=iv
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Bush Caught Lying About September 11th

Click this link ..... http://www.youtube.com/watch?v=Sm73wOuPL60
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How Goldman Sachs (Rothschild's) took over the world

Well they are the most powerful firm on Wallstreet but actually they are an outlet of the Rothschild's who have spread their power under different names into this century and the prior one. They create new entities to hide the web the have created of which the Bilderberger is one and Soros is another. The 30 mil. think tank I wrote about in an earlier post is the brain of the Obama administration and his closest advisers are all from the Rothshild boys from RUBIN, SUMMERS, VOLCKER and second tier next generation breed like Geithner. Emanuel and many more.

Rockefeller's,Ford the Bush family belongs to them as the Clinton's work for them. One very easy proof is the remaining official Rothschild's fortune is petty cash compared to my calculation how much the fortunes of them should be worth easily in the trillion league. Compared to the pathetic list Forbes publishes every year about Gates and Buffett who are also members of the Club. Imagine it like the middle ages with kings and lords who share one big interest and we are close to the real picture. The idea of democracy is the Matrix cover to run their business as it is easier to screw with people as long as they think they have a saying to what is going on. The list below gives some ideas but there are far more names and they are not only from Goldman they have different breeding organisations like the IMF and Worldbank.

Excerpt

http://www.independent.co.uk/news/busin ... 73869.html


They are well-credentialed, partly by design. From its beginning when the German immigrant Marcus Goldman began discounting IOUs among the diamond merchants of New York in the 1870s, Goldman Sachs has always known about the power of the network of influence. Goldman hires former politicians and civil servants, as readily as it supplies them.

And then there is simply the intellectual quality of the employees, many hired as much youngster men via a gruelling interview process, and then forged in the fire of 17-hour work days.

With Goldman Sachs at the heart of Wall Street, and Wall Street at the heart of the US economy, few expects its power to wane. Indeed, The New York Times columnist David Brooks noted that Goldman Sachs employees have given more money to Barack Obama's campaign for president than workers of any other employer in the US. "Over the past few years, people from Goldman Sachs have assumed control over large parts of the federal government," Brooks noted grimly. "Over the next few they might just take over the whole darn thing."

John Thornton

From his post as professor and director of global leadership at Tsinghua University in Beijing, the former Goldman Sachs co-chief operating officer John Thornton has become a highly-influential figure in the developing business and poltical inter-relations between the US and China. He was Goldman's boss in Asia in the mid-Nineties and remains well connected in the East and the West.

Duncan Niederauer

Wall Streeters joked about a Goldman Sachs "takeover" of the New York Stock Exchange. Hank Paulson, the Goldman boss on the NYSE board, moved to oust the chairman, Dick Grasso, and recommended the then chief operating officer of Goldman, John Thain, as Mr Grasso's replacement. Mr Thain modernised the exchange as demanded by Goldman, and Mr Thain's old Goldman deputy, Duncan Niederauer, is in charge.

Jon Corzine

The former co-chief executive of Goldman went into full-time politics in 1999, having lost the internal power struggle that preceded the company's stock-market flotation in 1999. He has been governor of New Jersey since 2006, having spent the previous six years in the US Senate. His 2000 Senate election campaign was then the most expensive ever in the US, and Corzine spent $62m of his own money.

Joshua Bolten

For five years until 1999, Mr Bolten served as director of legal affairs for Goldman based in London, effectively making him the bank's chief lobbyist to the EU. The Republican lawyer aided George Bush's 2000 election campaign, helped co-ordinate policy in the White House and has been the President's chief of staff since 2006.

Paul Deighton

The man heading London's planning for the 2012 Olympic Games, Paul Deighton amassed a fortune estimated at over £100m during his two decades at Goldman Sachs, where he had been one of its most powerful investment bankers.

Robert Rubin

A US Treasury secretary under Bill Clinton, Mr Rubin could once again emerge as a powerful figure in Washington if Barack Obama wins the presidency, since he has maintained his influence on Democrat politics. Mr Rubin reached the second-highest rung at Goldman, becoming co-chief operating officer before joining the US government in 1993.

Gavyn Davies

The ex-chairman of the BBC still has the ear of Gordon Brown, to whom he has been a good friend and informal adviser. He is married to the Prime Minister's aide Sue Nye. Mr Davies spent 15 years as an economist at Goldman. He was commissioned to report on the future funding of the BBC by Mr Brown in 1999. Two years later, he was poached to chair it.

Jim Cramer

This former Goldman trader is, without question, the most influential stock pundit in the US. Hectoring and shouting his investment advice nightly on his CNBC show, Mad Money, he routinely moves share prices. His primal scream against the Federal Reserve ("They know nothing") was a YouTube sensation last year, as the central bank refused to lower interest rates to ease the pain of the credit crisis on Wall Street.

Robert Zoellick

Goldman provided a lucrative home to Robert Zoellick, the neo-conservative Republican, between the time he quit as Condoleezza Rice's deputy at the State Department in 2006 (having not secured the job he coveted as Treasury Secretary, when it went to Hank Paulson) and his appointment last year as head of the World Bank. At Goldman he had acted as head of international affairs, a kind of global ambassador and networker-in-chief.

Mario Draghi

The head of the Italian central bank is another example of the revolving door between Goldman and public service. Mr Draghi had been an academic economist, an executive at the World Bank and a director-general of the Italian treasury before joining Goldman as a partner in 2002. He is becoming a significant figure in the response to the credit crisis, chairing the financial stability forum of central banks, finance ministries and regulators.

Malcolm Turnbull

Treasurer for the opposition Liberal Party, Mr Turnbull is one of the fastest-rising politicians in Australia. He was the aggressive advocate who took on and beat the British Government in the Spycatcher trial of the former MI5 agent Peter Walker, but he then pursued a career in business and ran Goldman Australia from 1997 to 2001, before jumping in to politics to serve as environment minister under John Howard.

Hank Paulson

Cometh the hour, cometh the man. President George Bush must be delighted he lured a reluctant Hank Paulson away from his $38m-a-year job as Goldman Sachs chief executive in 2006, just in time to deal with the Wall Street crisis that has engulfed the entire US economy. The bird-watching enthusiast had been a surprising choice as Treasury secretary, since his environmentalism was at odds with much of Bush's policy.

Srouce: http://behind-the-matrix.blogspot.com/2 ... -over.html
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