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Flight of Capital

by Jeff Wells

Rigorous Intuition

Image of Rumsfeld in front of map with Flight 77 trail

They say I shot a man named Gray and took his wife to Italy.

She inherited a million bucks and when she died it came to me.

I can’t help it if I’m lucky. – Bob Dylan

This may be old news to you, but just a quick note here of something I’d missed about Flight 77, thanks to “Bismillah” and the RI forum, that I hope you won’t miss, too.

At least among those with a mind for such things, it’s fairly well-remembered that on September 10, 2001, Donald Rumsfeld made the shocking announcement that the Pentagon “couldn’t track” $2.3 trillion of its transactions. “Iroquois” observes, “What’s interesting to me is that he made his press release on a Monday. In DC, I always see bad news given on a Friday, usually late in the afternoon on Friday. The exception, of course, would be when someone happens to know that there is a far bigger story coming out.”

And we know that Flight 77, allegedly piloted by an incompetent, made an aerobatic, spiralling descent over Washington, effecting a 270-degree turn to strike the Pentagon from a western approach at ground level. The side struck was the only one with an exterior wall hardened against attack, and was relatively empty while renovation continued.

Relatively. The unfortunate construction workers perished outside, but who were the expendables within?

 

Show Editor’s Note: »

A briefly missed blog gem from the righteous Jeff Mills at Rigorous Intuition.… Continue reading

Helicopter Ben Unleashes Dollar Hyperinflation

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

Why Cheney Likes Mukasey for A.G.

By Robert Parry
September 19, 2007

In praising George W. Bush’s new choice for Attorney General, Vice President Dick Cheney identified one freedom in particular that retired Judge Michael Mukasey would protect: “the freedom from fear of terrorist attacks.”

The comment spoke volumes about the Bush administration’s priorities, fitting with the President’s oft-repeated claim that the government has no more important duty than to protect the American people.

That this claim goes unchallenged — despite the fact that the oath administered to federal officials demands that they defend the Constitution and says nothing about public safety — has been a leading indicator of how Bush and Cheney have exploited the self-centeredness of many Americans to amass unprecedented executive power.

Chart of Homeland Security Fear-Threat color codesSince the 9/11 attacks, Bush and Cheney have taken the imperial presidency to new heights by presenting themselves as the tough guys who will protect the traumatized American people from the world’s bad guys, particularly scary Muslims. From the start, Mukasey has been an ally in that mission.

As a federal judge in New York, Mukasey endorsed indefinite incarceration of hundreds of Muslims on phony material witness warrants after the 9/11 attacks. He also signed off on Bush imprisoning an American citizen — and Muslim convert — Jose Padilla simply on a presidential say-so that Padilla was an “unlawful enemy combatant.”

Ironically, the post-9/11 round-up of Arab cab drivers, pizza delivery men and students came as the Bush administration was granting special permission for rich Saudis, including members of Osama bin… Continue reading

New Resource!

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.

 

Editor’s Note: The following links have been expanded and updated as of 10/2/2008. Thanks Jon!

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

9/11 Truth, Activism and the Fourth Amendment (Updated with action steps)

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.

Continue reading

Did RAND Corporation Pen the Homegrown Terrorism Prevention Act?

Kurt Nimmo
TruthNews

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

Secret Schemes and Undeclared Agendas

Inside the Shell Game

By Paul Craig Roberts
March 24, 2008

The investigative journalist Edward Jay Epstein has taken up the Litvinenko case.

The media used the Litvinenko case as sensational propaganda against Russian President Putin and then tossed it aside. For those whose memories of the case have faded, Alexander Litvinenko was a former KGB officer living in England who died in 2006, apparently from the radioactive isotope Polonium-210.

The British government encouraged the tale that Russian President Putin had sent Andrei Lugovoi to poison Litvinenko’s tea at a meeting on November 1, 2006. The story appealed to people brought up on James Bond thrillers, but the story never made any sense. Polonium 2-10 is a rare and tightly controlled substance as likely to contaminate the assassin as the victim. There are far easier and more effective ways of killing someone.

Moreover, there is no evidence to connect Russia to Litvinenko’s death. But this didn’t stop the British government from grandstanding, sending an extradition request for Lugovoi in July 2007. The British government sent the request despite the facts that there is no extradition treaty between Britain and Russia and the Russian constitution prohibits the extradition of Russian citizens. Epstein suggests that the purpose of the extradition request was to block the Russian government from investigating Litvinenko’s death in London. Litvinenko had a false passport provided by the British government. A real investigtion might have opened up the shadowy world of security consultants in which Litvinenko rubbed shoulders… Continue reading

Gap in Life Expectancy Widens for the Nation

March 23, 2008
By Robert Pear

WASHINGTON — New government research has found “large and growing” disparities in life expectancy for richer and poorer Americans, paralleling the growth of income inequality in the last two decades.

Life expectancy for the nation as a whole has increased, the researchers said, but affluent people have experienced greater gains, and this, in turn, has caused a widening gap.

One of the researchers, Gopal K. Singh, a demographer at the Department of Health and Human Services, said “the growing inequalities in life expectancy” mirrored trends in infant mortality and in death from heart disease and certain cancers.

The gaps have been increasing despite efforts by the federal government to reduce them. One of the top goals of “Healthy People 2010,” an official statement of national health objectives issued in 2000, is to “eliminate
health disparities among different segments of the population,” including higher- and lower-income groups and people of different racial and ethnic background.

Dr. Singh said last week that federal officials had found “widening socioeconomic inequalities in life expectancy” at birth and at every age level.

He and another researcher, Mohammad Siahpush, a professor at the University of Nebraska Medical Center in Omaha, developed an index to measure social and economic conditions in every county, using census data on education, income, poverty, housing and other factors. Counties were then classified into 10 groups of equal population size.

In 1980-82, Dr. Singh said, people in the most affluent group could expect to live 2.8 years longer than people in the most deprived group (75.8 versus 73 years).…

Continue reading

Developer (Silverstein) Sues to Win $12.3 Billion in 9/11 Attack

March 27, 2008
By Anemona Hartocollis

Larry A. Silverstein, who has won nearly $4.6 billion in insurance payments to cover his losses and help him rebuild at the World Trade Center site, is seeking $12.3 billion in damages from airlines and airport security companies for the 9/11 attack.

Mr. Silverstein, the developer of ground zero, sought the damages, whose amount was not previously known, in a claim filed in 2004, that says the airlines and airport security companies failed to prevent terrorists from hijacking the planes used to destroy the buildings.

His case was consolidated last week with similar, earlier lawsuits brought by families of some victims of the attack and by other property owners. But in seeking $12.3 billion, he is by far the biggest claimant in the litigation.

The size of Mr. Silverstein’s claim was revealed last week at a status conference on the litigation in United States District Court in Manhattan.

The claims by the parties involved total about $23 billion, and Mr. Silverstein’s claim for such a large chunk could jeopardize claims from other businesses and property owners, according to defense lawyers. A lawyer for the victims’ families, Donald Migliori, said he was confident that their claims would not be affected because they would take priority over the property claims.

A lawyer for the airlines, Desmond Barry, said that if Mr. Silverstein won his claim, he could push the total claims beyond the amount of insurance that the airlines and security companies have available. “There ain’t… Continue reading

Centers Tap Into Personal Databases–State Groups Were Formed After 9/11

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

Evidence is Growing: Continuity of Government Plan is Currently in Effect

Friday, April 11, 2008
Georgewashington.blogspot.com

In two previous posts (here and here), I showed that Continuity of Government (COG) plans were implemented on September 11th, and I argued that it is possible that they have never been suspended.

Now, one of the top investigative journalists in the country, Larisa Alexandrovna (the lead journalist at Raw Story), says:

“it seems to me that this administration has justified its crimes by NOT suspending the state of emergency that went up on September 11, 2001. They are using emergency powers if you look at the whole of the spying, military actions inside the US, etc. I would wager that if asked, this administration will admit that we have been in a state of emergency for their tenure in office.”

Remember that Continuity of Government plans — that is, the measures that go into effect in case of emergency — suspend the Constitutional form of government, cut elected officials out of the loop, and may even allow the government to tell the media what it can and cannot report.

Remember also that the entire Homeland Security Committee of the U.S. Congress has been denied access to the government’s Continuity of Government Plans even though it has clearance to view such plans (video; or here is the transcript). Indeed, a member of that Committee has said “Maybe the people who think there’s a conspiracy out there are right”.

If we are in a state of emergency and COG plans… Continue reading

Netanyahu Says 9/11 Good for Israel – Ahmadinejad Calls 9/11

By Haaretz Service and Reuters
16/04/2008

Photo of Benjamin Netanyahu

Benjamin Netanyahu

The Israeli newspaper Ma’ariv on Wednesday reported that Likud leader Benjamin Netanyahu told an audience at Bar Ilan university that the September 11, 2001 terror attacks had been beneficial for Israel.

“We are benefiting from one thing, and that is the attack on the Twin Towers and Pentagon, and the American struggle in Iraq,” Ma’ariv quoted the former prime minister as saying. He reportedly added that these events “swung American public opinion in our favor.”

Netanyahu reportedly made the comments during a conference at Bar-Ilan University on the division of Jerusalem as part of a peace deal with the Palestinians.

Meanwhile, Iran’s President Mahmoud Ahmadinejad cast doubt over the veracity of the September 11 attacks Thursday, calling it a pretext to invade Afghanistan and Iraq.

“Four or five years ago, a suspicious event occurred in New York. A building collapsed and they said that 3,000 people had been killed but never published their names,” Ahmadinejad told Iranians in the holy city of Qom.

“Under this pretext, they [the U.S.] attacked Afghanistan and Iraq and since then, a million people have been killed only in Iraq.”

Speaking Wednesday at a news conference on the Iran threat, Netanyahu compared Ahmadinejad to Adolf Hitler and likened Tehran’s nuclear program to the threat the Nazis posed to Europe in the late 1930s.

Netanyahu said Iran differed from the Nazis in one vital respect, explaining that “where that [Nazi] regime embarked on a global conflict before it developed nuclear weapons,” he said.…

Continue reading

José Can You See? Bush’s Trojan Taco

By Greg Palast
April 21, 2008

(For TomPaine.com)

Psst! George Bush has a secret

Image of NAFTA logo

NAFTA logo

While you Democrats are pounding each other to a pulp in Pennsylvania, the President has snuck back down to New Orleans for a meeting of the NAFTA Three: the Prime Minister of Canada and the President of Mexico.

You’re not supposed to know that — for two reasons:

First, the summit planned for the N.O. two years back was meant to showcase the rebuilt Big Easy, a monument to can-do Bush-o-nomics. Well, it is a monument to Bush’s leadership: The city still looks like Dresden 1946, with over half the original residents living in toxic trailers or wandering lost and broke in America.

The second reason Bush has kept this major summit a virtual secret is its real agenda – and the real agenda-makers. The names and faces of the guys who called the meeting must remain as far out of camera range as possible: The North American Competitiveness Council.
 

 
Never heard of The Council? Well, maybe you’ve heard of the counsellors: the chief executives of Wal-Mart, Chevron Oil, Lockheed-Martin and 27 other multinational masters of the corporate universe.

And why did the landlords of our continent order our presidents to a three-nation pajama party? Their agenda is “harmonization.”

FEMA Trailer Parks: Harmonization has nothing to do with singing in fifths like Simon and Garfunkel.

Harmonization means making rules and regulations the same in all three countries.… Continue reading

Follow the Money? God forbid.

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
 

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.

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

The Military-Industrial Complex: It’s Much Later Than You Think

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

NY Times confirms US involvement in Nuclear Black Market

by Luke Ryland
September 5, 2008
LetSibelEdmondsSpeak.blogspot.com

In last Monday’s New York Times, David Sanger and William Broad wrote a front-page article about the CIA’s involvement in the nuclear black market.

The article demonstrates (again) that the New York Times, Sanger & Broad in particular, has simply become a mouthpiece for the government (see my previous articles 1, 2, 3) but they did let one fact slip through to the readership. I can only presume that the slip was accidental, because they don’t appear to have understood the ramifications of what they reported:

The US Government is covering up the fact that US citizens and entities are involved in the nuclear black market.

Background

Three members of the Tinner family in Switzerland were key suppliers to AQ Khan’s nuclear black market ring. They were arrested in 2004 and have been awaiting trial but the US government has been trying to sabotage the Swiss trial because “compromising and embarrassing information about the CIA’s activities with the Khan network” would be exposed if the trial were to proceed.

High-Level Visit

The New York Times reported that in July 2007, the Swiss Justice Minister came to the US to discuss the case with high-level US officials, apparently to find a mutually-acceptable arrangement regarding how to deal with the Tinner case.

According to an anonymous former Bush administration official:

“The State Department wanted the bomb plans destroyed as a way to stem nuclear proliferation, while the C.I.A. wanted to… Continue reading

Now is the Time to Resist Wall Street’s Shock Doctrine

by Naomi Klein
September 22, 2008

I wrote The Shock Doctrine in the hopes that it would make us all better prepared for the next big shock. Well, that shock has certainly arrived,
along with gloves-off attempts to use it to push through radical pro-corporate policies (which of course will further enrich the very players who created the market crisis in the first place…).

The best summary of how the right plans to use the economic crisis to push through their policy wish list comes from Former Republican House Speaker Newt Gingrich. On Sunday, Gingrich laid out 18 policy prescriptions for Congress to take in order to “return to a Reagan-Thatcher policy of economic growth through fundamental reforms.” In the midst of this economic crisis, he is actually demanding the repeal of the Sarbanes-Oxley Act, which would lead to further deregulation of the financial industry. Gingrich is also calling for reforming the education system to allow “competition” (a.k.a. vouchers), strengthening border enforcement, cutting corporate taxes and his signature move: allowing offshore drilling.

It would be a grave mistake to underestimate the right’s ability to use this crisis — created by deregulation and privatization — to demand more of the same. Don’t forget that Newt Gingrich’s 527 organization, American Solutions for Winning the Future, is still riding the wave of success from its offshore drilling campaign, “Drill Here, Drill Now!” Just four months ago,offshore drilling was not even on the political radar and now the U.S. House of Representatives has passed… Continue reading

America’s Black Budget & the Manipulation of Mortgage & Financial Markets

Thursday, 27 May 2004 Column: Catherine Austin Fitts

Mapping The Real Deal With Catherine Austin Fitts Audio Special
Financial Sense NewsHour Radio & Net Talk Show Presenting Catherine Austin Fitts with Jim Puplava May 22, 2004 Webcast

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 AUDIO SEE…
http://www.financialsense.com/Experts/2004/AustinFitts.html

 

**************
*TRANSCRIPT*

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

**************
JP:

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

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