Helicopter Ben Unleashes Dollar Hyperinflation:
Fed Atempts to Bail Out Bankrupt Wall Street Speculators; Cheney Demands Staged Terror Attacks, War with Iran
By Webster G. Tarpley
Monday, August 13, 2007
Washington DC – August 12, 2007 – By deciding to ante up $38 billion for a hopeless bailout of predatory Wall Street hedge funds and the banks that stand behind them, Federal Reserve Chairman Helicopter Ben Bernanke has placed the bankrupt US dollar on a direct course towards the precipice of hyperinflation. In so doing, he has given new momentum to the backers and controllers of Dick Cheney, who favor an insane flight forward into general war with Iran, deluding themselves that they can thus escape from both military defeat in Iraq and Afghanistan, and from the death agony of the dollar.
On August 9-10, the European Central Bank, the Bank of Japan, the Federal Reserve, plus the central banks of Australia, Norway, Switzerland, and other countries “injected” the equivalent about a third of a trillion dollars ($325 billion) into the money systems of the world. The Bank of Japan handed out a dramatic ¥ 1 trillion, about $8.5 billion. The European Central Bank showed signs of panic, or of realism, by spewing out about € 160 billion over two days. Their goal was to stave off a spreading panic at bond trading desks and in the capital markets of the world about junk bonds, collateralized debt obligations (CDOS), mortgage backed securities, and other paper debt instruments. At about 9… Continue reading
Submitted by Jon Gold
Some of you may have noticed that I have started a new “Who Is?” series with regard to 9/11. The reason I started this was because I thought too much emphasis was being placed on the physical aspects of 9/11, and not enough on the background information, the people who may have had something to do with it, the people who participated in the cover-up, the whistleblowers, the family members, the people who represent discrepancies, and so on.
I am using the work compiled by Paul Thompson at www.cooperativeresearch.org. There are links available to each of the stories sourced on the original website. Unfortunately, it’s just too much work to duplicate what Paul and others have done with regard to links. I want to thank them all for their tremendous efforts.
I also want people to know that the information provided is not the “end all/be all” of 9/11. However, it is most definitely an excellent starting point.
Here are the articles archived. As more are produced, they will be added here.
Who Is Jack Abramoff?
Who Is Elliott Abrams?
Who Is David Addington?
Who Is Lt. Gen. Mahmood Ahmed?
Who Is Omar Al-Bayoumi?
Who Was Khalid Almihdhar?
Who Is Prince Turki Al-Faisal?
Who Is Ahmed Al-Hada? With Introduction By Kevin Fenton
Who Was Nawaf Al-Hamzi?
Who Is Yassin al-Qadi?
Who Is Michael Anticev?
Who… Continue reading
The Fourth Amendment
The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no Warrants shall issue, but upon probable cause, supported by Oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized.
Retroactive immunity for telecom companies who engaged in illegal spying at the behest of the NSA is at the heart of a bill currently being considered by the Senate Judiciary Committee. The bill, even before having been officially introduced, is being hotly debated by bloggers, electronic privacy groups, and civil libertarians, as well as presidential contenders (CT Senator Chris Dodd has actually posted a petition at his election website, encouraging readers to support his threatened “hold” on the bill). We should compare the issues involved here with the retroactive immunity provided CIA interrogators in the September, 2006 Military Commissions Act, who could otherwise have been accused of war crimes.
Below, we direct readers to an important series of programs from PBS’ Frontline to help readers investigate the background of this issue, and a deeper consideration of some of what’s at stake in continually ceding power to a rogue Executive bent on dissolving the few civil liberties which currently remain untouched.
Lest readers be swayed by the Administration’s repeated argument that “9/11 makes this necessary,” the Rocky Mountain News reported (emphasis added) on October 11, 2007 that this spying was underway well before 9/11/01:
“The National Security Agency and other government agencies retaliated against Qwest because the Denver telco refused to go along with a phone spying program, documents released Wednesday suggest.…
According to Jessica Lee of Indypendent and Kamau Karl Franklin of the Center for Constitutional Rights, the Homegrown Terrorism Prevention Act was penned with plenty of help from the RAND Corporation.
“Rep. Jane Harman, Democrat from California, has had a lengthy relationship with the Rand Corporation,” Lee tells Democracy Now, although she was unable to determine if RAND wrote the bill. On the 12th anniversary of the OKC bombing, Rep. Harman, as chair of the Homeland Security Subcommittee on Intelligence, Information Sharing and Terrorism Risk Assessment, introduced the bill in the House of Representatives.
“The ‘Homegrown Terrorism Prevention Act of 2007′ seeks to address the roots causes of radicalization, and would establish a grant program to provide funds to States to foster badly needed vertical information sharing from the Intelligence Community to the local level and from local sources to state and federal agencies,” explains Harman’s website. “It also creates a Center of Excellence for the Prevention of Radicalization and Home Grown Terrorism to examine the social, criminal, political, psychological and economic roots of domestic terrorism and to propose solutions, and promotes international collaboration on strategies to combat radicalization.”
Franklin mentions Brian Michael Jenkins, an “expert” on “terrorism, counterinsurgency, and homeland security,” according to RAND. Jenkins is “someone who helped the United States in counterinsurgency measures in Vietnam,” states Franklin. “In addition to that, he wrote a book, and in his own book” Jenkins declared that “in their international campaign, the jihadists will seek common ground… Continue reading
By Robert O’Harrow Jr.
Wednesday, April 2, 2008
Intelligence centers run by states across the country have access to personal information about millions of Americans, including unlisted cellphone numbers, insurance claims, driver’s license photographs and credit reports, according to a document obtained by The Washington Post.
One center also has access to top-secret data systems at the CIA, the document shows, though it’s not clear what information those systems contain.
Dozens of the organizations known as fusion centers were created after the Sept. 11, 2001, terrorist attacks to identify potential threats and improve the way information is shared. The centers use law enforcement analysts and sophisticated computer systems to compile, or fuse, disparate tips and clues and pass along the refined information to other agencies. They are expected to play important roles in national information-sharing networks that link local, state and federal authorities and enable them to automatically sift their storehouses of records for patterns and clues.
Though officials have publicly discussed the fusion centers’ importance to national security, they have generally declined to elaborate on the centers’ activities. But a document that lists resources used by the fusion centers shows how a dozen of the organizations in the northeastern United States rely far more on access to commercial and government databases than had previously been disclosed.
Those details have come to light at a time of debate about domestic intelligence efforts, including eavesdropping and data-aggregation programs at the National Security Agency, and whether the government has enough protections in… Continue reading
FISCAL COMMENTARY: Follow the Money? God forbid.
Why was the cashing out of billions of dollars just before the 9/11 attacks never investigated? by Jim Hogue
From the Baltimore Chronicle’s Fiscal Commentary pages…
Had an investigation been done into the crime of failing to file the “currency transaction reports” in August 2001, then we would know who made the cash withdrawals in $100 bills amounting to the $5 billion surge. It’s been over six years since 9/11, but U.S. regulatory entities have been slow to follow through with reports about the complex financial transactions that occurred just prior to and following the attacks. Such research could shed light on such questions as who was behind them—and who benefited—and could help lay to rest the rumors that have been festering.
Warning bells about anomalies in the fiscal sector were sounded in the summer of 2001, but not heeded. Among those who has since raised questions was Bill Bergman. As a financial market analyst for the Federal Reserve, he was assigned in 2003 to review the record of July and August of 2001. He noticed an unusual surge in the currency component of the M1 money supply (cash circulating outside of banks) during that period. The surge totaled over $5 billion above the… Continue reading
by Chalmers Johnson
Source URL: http://www.tomdispatch.com/post/174959/chalmers_johnson_warning_mercenaries_at_work
Most Americans have a rough idea what the term “military-industrial complex” means when they come across it in a newspaper or hear a politician mention it. President Dwight D. Eisenhower introduced the idea to the public in his farewell address of January 17, 1961. “Our military organization today bears little relation to that known by any of my predecessors in peacetime,” he said, “or indeed by the fighting men of World War II and Korea We have been compelled to create a permanent armaments industry of vast proportions We must not fail to comprehend its grave implications We must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military-industrial complex.”
Although Eisenhower’s reference to the military-industrial complex is, by now, well-known, his warning against its “unwarranted influence” has, I believe, largely been ignored. Since 1961, there has been too little serious study of, or discussion of, the origins of the military-industrial complex, how it has changed over time, how governmental secrecy has hidden it from oversight by members of Congress or attentive citizens, and how it degrades our Constitutional structure of checks and balances.
From its origins in the early 1940s, when President Franklin Delano Roosevelt was building up his “arsenal of democracy,” down to the present moment, public opinion has usually assumed that it involved more or less equitable relations — often termed a “partnership” — between the high command and civilian overlords of the United States military and… Continue reading
Thursday, 27 May 2004 Column: Catherine Austin Fitts
America’s Black Budget & the Manipulation of Mortgage & Financial Markets
Investors benefit from understanding the federal budget, credit policies and covert intervention that drive markets — often overriding fundamental economics. How has the US governmental apparatus become so powerful in the marketplace and what does it mean to the health of our economy? How unstable is the mortgage bubble and where are the opportunities for investors if the bubble bursts?
For providing us with a transcript of the show, special thanks to one of Jim Puplava’s Financial Sense NewsHour listener, Glenn Assheton-Smith, and his fellow investors at the http://www.siliconinvestor.com forums:
Epic American Credit and Bond Bubble Laboratory Forum http://www.siliconinvestor.com/stocktalk/subject.gsp?subjectid=54034
Ride the Tiger with CD Forum http://www.siliconinvestor.com/stocktalk/subject.gsp?subjectid=54430
Catherine, we’ve seen a lot of information and a lot of concern on Wall St. about the Mortgage markets. We’ve seen consumers take on more debt when it comes to taking on bigger mortgages, refinance. But this story gets much bigger than just the credit itself.
CA: Sure. Where would you like to start?
JP: (Laughter) Well, let’s talk about black budgets and how the manipulation takes place in the mortgage and financial markets.
CA: OK. Let me start off with a story. When I became Assistant… Continue reading
by Kevin Ryan
Learning about self-deception is important for all people today. That’s because many of our problems, both as individuals and as a society, are rooted in self-deception, and many of the ways in which others abuse us relate to our inherent tendency to self-deceive. We can overcome these problems, and have a decent chance at long-term survival as a species, only if we learn about such limitations, and strive to control them. One great way to rapidly learn about self-deception, and other forms of deception, is to learn about the events of September 11th.
It’s easy to see widespread self-deception with regard to 9/11. For one thing, most people don’t know the actual official story, given by the 9/11 Commission and the National Institute of Standards and Technology (NIST). This is despite the fact that everyone, at least in the US, has invested essentially their entire future in that story, whether they know it or not.
Some have gone beyond simple avoidance of the facts, in an attempt to prevent themselves and others from looking closely at 9/11. These folks have gone to the extent of changing the definitions of common words, engaging in wild speculation and exaggerations, and suggesting that long strings of unprecedented events, including violations of the laws of nature, were possible on just that one day. These painful self-deceptions help some people dodge the emotional stress that accompanies careful examination of the events of 9/11.
In order to understand the extreme self-deception surrounding… Continue reading
On October 27, 2008, WeAreChangeLA’s Jeremy Rothe-Kushel was on hand to cover an event with William Bratton, the Chief of the LAPD. Bratton was at a Townhall LA event at the Omni Hotel in Downtown LA to give a talk entitled “Crime and Your Bottom Line.” Although Bratton was there to focus on the future of the LAPD in relationship to development and crime-prevention, there was still a media buzz humming about an article Bratton had penned a week earlier with ‘terrorism expert’ R.P. Eddy in the NY Daily News. http://www.nydailynews.com/opinions/2008/10/21/2008-10-21_osama_bin_lade…
The article, entitled “Osama Bin Laden wants a vote, so beware a late October surprise,” warned that if “Bin Laden wants to engineer a late-October surprise in 2008, an attack on a significant American economic target may be one of the most tempting opportunities he has had in recent years.” In addition to asserting that “U.S. intelligence is worried” because a “2007 National Intelligence Estimate said that Al Qaeda has reconstituted and may again be capable of hitting the U.S. mainland,” the article also claimed that “Bin Laden may have already begun to weigh in on our coming elections,” because in September, “Al Qaeda launched an assault against the American Embassy in Yemen.”
Bratton, who had worked under Rudolph Giuliani at the helm of NYPD in the 90′s pursuing the “broken windows” policy, became LAPD Police Chief in 2002. He came to the LAPD directly out of a strong working relationship with Kroll Inc. (see: http://fluxrostrum.blogspot.com/2007/05/who-killed-john-oneil.html… Continue reading
by Peter Dale Scott
January 7, 2009
Paulson’s Financial Bailout
It is becoming clear that the bailout measures of late 2008 may have consequences at least as grave for an open society as the response to 9/11 in 2001. Many members of Congress felt coerced into voting against their inclinations, and the normal procedures for orderly consideration of a bill were dispensed with.
The excuse for bypassing normal legislative procedures was the existence of an emergency. But one of the most reprehensible features of the legislation, that it allowed Treasury Secretary Henry Paulson to permit bailed-out institutions to use public money for exorbitant salaries and bonuses, was inserted by Paulson after the immediate crisis had passed.
According to Congressman Peter Welch (D-Vermont) the bailout bill originally called for a cap on executive salaries, but Paulson changed the requirement at the last minute. Welch and other members of Congress were enraged by “news that banks getting taxpayer-funded bailouts are still paying exorbitant salaries, bonuses, and other benefits.”1 In addition, as AP reported in October, “Sen. Charles Schumer, D-N.Y. questioned allowing banks that accept bailout bucks to continue paying dividends on their common stock. `There are far better uses of taxpayer dollars than continuing dividend payments to shareholders,” he said.”2
Even more reprehensible is the fact that since the bailouts, Paulson and the Treasury Department have refused to provide details of the Troubled Assets Relief Program spending of hundreds of billions of dollars, while the New York Federal Reserve has… Continue reading
January 14, 2009
Posted at History Commons Groups
The National Archives today released a set of records the 9/11 Commission gave it. It did so today because the commission told it it had to wait until 2009 to do so, presumably on the off chance that people would have forgotten about it all by then. The records are in two groups, Memorandums for the Record (MFR), which are available online, and other
records, which are not available online.
Editor’s Note: The National Archives 9/11 Commission Records URL’s have been updated.
Kevin Fenton, who wrote this blog entry today, is one of the great researchers working with Paul Thompson and so many other fine people at HistoryCommons.org (formerly known to most of us as CooperativeResearch.org) to document our history. Not just about 9/11, but about aspects of our lives so appallingly rewritten by media and textbooks. The work underway at HistoryCommons is absolutely invaluable, and we encourage readers to get involved and otherwise support that work.
I have been trawling through the ones that are available online and I have learned a few things of interest.
(1) Stacks of the MFR are not actually available. Either they have not been reviewed yet (pending), or have been withdrawn because they are very classified, or they have been made available, but have had the bejesus redacted out of them.
By Peter Phillips
The Barack Obama administration is continuing the neo-conservative agenda of US military domination of the world–albeit with perhaps a kinder-gentler face. While overt torture is now forbidden for the CIA and Pentagon, and symbolic gestures like the closing of the Guantánamo prison are in evidence, a unilateral military dominance policy, expanding military budget, and wars of occupation and aggression will likely continue unabated.
The military expansionists from within the Reagan, George H. W. Bush, Clinton, G. W. Bush administrations put into place solid support for increased military spending. Clinton’s model of supporting the US military industrial complex held steady defense spending and increased foreign weapons sales from 16% of global orders to over 63% by the end of his administration.
The neo-conservatives, who dominated the most recent Bush administration, amplified this trend of increased military spending. The neo-cons laid out their agenda for military global dominance in the 2000 Project for a New American Century (PNAC) report Rebuilding America’s Defenses . The report called for the protection of the American Homeland, the ability to wage simultaneous theater wars, to perform global constabulary roles, and to control space and cyberspace. The report claimed that in order to maintain a Pax Americana , potential rivals–such as China, Iran, Iraq, and North Korea–needed to be held in check. This military global dominance agenda required forward deployment of US forces worldwide and increasing defense/war spending well into the 21st century. The result was a doubling of the US military budget to… Continue reading
by Fred Burks
May 21, 2009
Remember Star Wars? Do you remember the Pentagon’s Strategic Defense Initiative to build a massive missile defense system that raised so much controversy during the Reagan and first Bush years? 130 billion of our tax dollars were poured into developing that system. It was designed to detect and intercept missiles fired from an unknown destination traveling at well over 10 times the speed of a commercial airliner, and to shoot them down in 15 minutes or less, before they reached their US targets.
According to the Congressional Budget Office (CBO) website, “a defensive system may need to hit a warhead smaller than an oil drum that is traveling above the atmosphere at speeds greater than 13,000 miles per hour.” The CBO report states that missile defense and intercept systems must take down an ICBM in a matter of minutes or it is all over.
You may remember that before 9/11, there were a number of tests of the Pentagon’s missile defense systems. Some tests failed, while others succeeded. But there is an important question here. If these sophisticated military systems were designed to detect missiles fired from unknown locations at over 13,000 mph and shoot them down in mere minutes, why on 9/11 could they not detect any one of the four large airliners traveling at a mere 600 mph, especially when two of them were known to be lost for over 40 minutes before they crashed?
This question applies especially to… Continue reading
Ventura: I question my government on 9/11 because–for most lay people out there they accept what they hear on TV, they accept the government’s explanation–but once you start getting in and studying what actually happened that day, there are a lot of problems.
Stern: Bottom line, what are you saying?
Ventura: I believe if our government didn’t actually participate in it they certainly knew it was going to happen and allowed it to happen.
Stern: That’s mind blowing. And you’re going to write a book backing that up?
Woman co-host: What would be the purpose of letting it happen?
Ventura: We’re in two wars, aren’t we, that we wouldn’t have been in? How much money has Halliburton made in the war? How much money has Blackwater made in the war? People fail to realize there are war profiteers out there.
Stern: So you’re talking about treason. Who are you accuse them of treason in your next book.
Ventura: Mass murder. I’m simply writing about the questions I have about it.
Stern: Is this the reason you called Bush administration the worst administration ever?
[Continues, with Ventura answering a caller by discussing building collapses...]
Waterboarding was ‘well done,’ Cheney says
BY JOHN BYRNE
Published: June 1, 2009
On Iraq and 9/11: ‘That’s not something I made up’
Former Vice President Dick Cheney is usually very careful at choosing his words.
Perhaps not so today. In a speech Monday at the National Press Club, continuing along familiar themes of terrorism, Guantánamo and his hatred for The New York Times, Cheney spoke defensively of the administration’s practice of water-boarding detainees.
“I don’t believe we tortured,” Cheney remarked, noting that the interrogation techniques approved by the Bush administration were vetted by White House lawyers. They didn’t cross a “red line,” he said.
And then he delivered the whopper: “There were three people who were water-boarded…. It was well-done.”
The former vice president also made an odd comment about detainees being held at Guantánamo Bay.
He framed their detention as a choice between two options: either we imprison them, or we kill them.
“We need Guantánamo… If we didn’t have it, we’d need to (invent) it,” Cheney remarked. “If you don’t have a place to hold these people, the only other option is to kill them.”
“We don’t operate that way,” he added.
Cheney’s comments were transcribed by The Swamp, the blog of the Chicago Tribune.
“If I had it to do all over again, I would do exactly the same thing,” he continued. “I don’t have much tolerance or patience for those who have the benefit of hindsight eight years later and have forgotten what happened on 9/11….…Continue reading
The provocative new film and book about the untold story of the 2001 U.S. Anthrax Attacks and the dark secrets of the shadowy world of modern day germ weapons research.
“Fear and Terror on The Anthrax Trail” – Anthrax War Trailer:
When the 2001 anthrax attacks hit the USA in the days following 9/11, it was like a one-two punch against the Republic. Workers in New York’s media center who had seen the planes swoop too low over their heads en route to the Twin Tower were now terrified of their mail. In Washington, Capitol Hill was evacuated and White House staffers were chewing CIPRO tablets.
It was our scariest collective nightmare come to life – the attack of deadly invisible bugs. It seemed like a self-fulfilling prophecy, the preceding years filled as they were with scores of films, best-selling books, TV shows and articles on the coming of “Bio-Terror.” Indeed, for the first time in history, national leaders and the military actually acted out high-tech “germ attack” war games, one of which had a scenario shockingly close to the actual events.
So after the government pledged the most thorough investigation it could muster, we hoped the feds would get to the bottom of it all. Thus, we were saddened but not really surprised when the attacks disappeared from public discourse – unmentioned, for example, by any major candidate during the 2008 election contest. And when the FBI announced suddenly last summer that the cold case was red-hot, identified… Continue reading