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.