International Forecaster Weekly

Can You Imagine Our President Refuses To Give Up Documents Related To 9/11

Can you imagine our president refuses to give up documents related to 9/11....The great flying Iraqi albatross... no-one is supposed to notice when you skim from a $7 trillion trough called your mutual funds... getting hit with a steel 'sanction'...

Bob Chapman | November 17, 2003

THE INTERNATIONAL FORECASTER
(Excerpts from)

Great Eliot Spitzer quote: "We need to protect 90 million sheep from 1000 wolves."

“As you may have heard, the US is putting together a CONSTITUTION for Iraq. Why don’t we just give them ours? Think about it – it was written by very smart people, it’s served us well for over two hundred years, and besides, we’re not using it anymore…” Quote by Jay Leno

US MARKETS
Can you imagine our president refuses to give up documents related to 9/11. The pretext for the preemptive attack on Iraq was in part related to terrorism, which Iraq was not involved in. The information being withheld on 9/11 evidentially proves that terrorism was simply an excuse, among others to invade Iraq. Now that Iraq has become an albatross, Russia who the elitists were trying to outflank in the region to control its oil, has powerful weapons and new relationships with Iran and Syria. Russia has newly extended military bases into the Caspian area. The great game is being played and the Bush cabal is starting to lose. That is why everything is on a need to know basis and this is why everything is paranoically secret.

Senator Peter Fitzgerald said at recent congressional hearings, that the “mutual fund industry is now the world’s largest skimming operation, and a $7 trillion trough from which fund managers, brokers and others are steadily siphoning off an excessive slice of the nation’s household, college and retirement savings.” Yet, the industry does not get it and that is because mutual funds, investment banks and brokerage houses are pervasively unethical. They are out of touch crooks. Collectively they have stolen billions of dollars.

A new bill, the Mutual Fund Transparency Act, would force 75% of fund directors to be independent, including the Chairman and Directors would face a shareholder vote every five years. The legislation calls for funds to count brokerage commissions as an expense. That would induce funds to lower soft dollar costs and help investors compare expense ratios.

Morgan Stanley’s Stephen Roach says the dollar will probably drop another 20% over the next two years. We see 40%. The dollar is currently off 15% on a trade weighted basis over the past 18 months; versus the euro it is off 26%.

McDonald’s is furious that Merriam-Webster’s Collegiate Dictionary says the term McJob is defined as “low paying dead-end work.”

They just couldn’t wait. Wal-Mart and Procter & Gamble conducted a secret RFID trial involving Oklahoma consumers earlier this year. Those who purchased Lipfinity Lipstick at the Broken Arrow Wal-Mart store between late March and mid-July unknowingly left the store with live RFID tracking devices embedded in the packaging. Wal-Mart previously lied about such tests. The RFID infrastructure is set up to spy on people, as we’ve noted in previous articles. It looks like another in a long line of corporate scandals.

There is no question President Bush is preparing to reinstitute the draft and again lying about it. We warned of this three years ago when the first bill was submitted. Our government has invaded and occupied another country and few in the world agree with the action and consequently they refuse to send troops to assist our forces. Eighty-five percent of the world disagrees with George Bush, thus in order to continue this open-ended occupation Mr. Bush needs more warm bodies. Evidence is that on the official web page for the Selective Service System, titled Defend America, there is a solicitation for people to serve on their local boards. When the Pentagon was questioned on the issue the notice disappeared. That notice served as a formal request to re-establish draft boards. The Pentagon then announced it will send 85,000 new Army and Marine combat troops to Iraq to replace soldiers ending one-year tours. They have also put 43,000 more on standby, which is the largest rotation of troops since WWII. As we referenced a few yeas ago, the Rangel & Hollings Bills have been laying in the hopper just waiting for the opportunity to be resurrected.

The draft that is proposed is not for the defense of our country. It justifies invasion, adventurism and greed. It justifies the unnecessary deaths of our children and grandchildren to enrich a cult of elitists. We hope Mr. Bush and some of his Republican Party members do attempt to institute a draft, because it would be political suicide and if it is what it takes to get rid of Mr. Bush, so be it. A draft will never pass. The only possibility is if the neocons arrange another terrorist event and they are perfectly capable of doing that. The sad thing is entire families, with draft aged children, are already contemplating leaving the country. Our president is ripping this country apart and we are fearful of the outcome.

The US is facing $2.2 billion in sanctions within 30-days, due to the implementation of steel tariffs. The WTO has rejected the US’s final appeal. If Mr. Bush acquiesces to the WTO, he can kiss reelection goodbye, because free trade and outsourcing will be a major campaign issue. If he stands against WTO, it will signal the beginning of the end of free trade and globalization. The EU, ever politically minded, plans to target its tariffs at goods that are produced in important swing states in the 2004 presidential election. They will target Florida orange juice and other state produced products for openers. The tariffs will range from 8% to 100%. The EU has already threatened to impose another set of sanctions against Washington next spring if it does not repeal tax breaks for American exporters. Meanwhile, the WTO is considering a complaint from the US that Europe is blocking the import of genetically modified products. Washington is already retaliating against an EU ban on beef from cattle, which are given hormones to stimulate growth. Get ready; there will be lots of fireworks.

Joint funding through DARPA will allow HAARP to quadruple in size from its current 960 KW output to 3.6 MW and by 2006 HAARP will be the premier ionosphenic research facility with beam-steering capabilities that other similar arrays worldwide will not have.

The collapse of Rome was caused by currency debasement, burgeoning costs to manage the empire, moral decay, immigration, budget deficits and increased pressure on over extended troops. We can now replace the word Rome with America.

George Soros has committed $15.5 million to defeat George W. Bush in behalf of the European Illuminati. “America, under Bush, is a danger to the world,” says Soros. He compares Bush to the Nazis who invaded Hungry when he was young. He has grown alarmed at the influence of the neo conservatives, who he calls a bunch of extremists guided by a crude form of social Darwinism.

STATISTICS

For nearly 100 years, the ratio of debt to GDP was between 120% and 160%. Only in 1929 was it higher at 260%. Today it is 300% and growing. As Buffet says, we live in ‘Squanderville’ where we have been wasting our national wealth, year after year. Foreign ownership of our assets will grow at about $500 billion a year, at present trade-deficit levels. That gives foreigners 1% of our wealth annually.”

CANADA

Around November 15, the Canadian Parliament is prorogued. That is, Mr. Chretien will close down Parliament after the shortest sitting on record, and retire, although still in the service of elitists. He is slated to takeover February 15, 2004, as errand boy for Mr. Desmarais under the direction of first tier elitist and Rockefeller trainee, Maurice Strong. Their first act will be to move the Canadian dollar into merger with the US dollar.

Canada supposedly created 64,500 jobs in October. If you believe that we are taking bids on the St. Lawrence Seaway.

Immigration Minister Dennis Coderre thinks a national ID card is just great. This, of course, would be another erosion of civil liberties as the government builds a massive database of its citizens. Another police state. The cost will supposedly be $7 billion, but if gun registration is any example, it will cost $70 billion. Canada, like the US, will become a totalitarian fascist state, and Canadians will soon have all their weapons collected.