Archive for August, 2012

Confused Why So Many Foreign Banks Are Suddenly Being Charged By The US? Here’s Why

via: ZeroHedge
By: Tyler Durden
August 8, 2012

Tyler Durden's picture
It’s very simple really. Please point out where on the below list of Top 20 contributors to a randomly selected US politician, in this case New York’s Chuck Schumer, can one find Standard CharteredBarclays, or HSBC?
And there’s your answer, which should also explain why banks such as Goldman Sachs, Citigroup, Morgan Stanley, JPMorgan, etc, will never be subject to the same kangaroo court in which suddenly everyone is shocked, shocked, that banks were manipulating Libor and laundering money or doing any other thing which bankers do day after day, every day.Oh yes, there is an election coming up too…

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More Than 100 Million Americans Are On Welfare

via: TheAmericanDream
August 8, 2012

There are more Americans dependent on the federal government than ever before in U.S. history.  According to the Survey of Income and Program Participation conducted by the U.S. Census, well over 100 million Americans are enrolled in at least one welfare program run by the federal government.  Many are enrolled in more than one.  That is about a third of the entire population of the country.  Sadly, that figure does not even include Social Security or Medicare.  Today the federal government runs almost 80 different “means-tested welfare programs”, and almost all of those programs have experienced substantial growth in recent years.  Yes, we will always need a “safety net” for those that cannot take care of themselves, but it is absolutely ridiculous that the federal government is financially supporting one-third of all Americans.  How much farther do things really need to go before we finally admit that we have become a socialist nation?  At the rate we are going, it will not be too long before half the nation is on welfare.  Unfortunately, we will likely never get to that point because the gigantic debt that we are currently running up will probably destroy our financial system before that ever happens.

It is really hard to believe how rapidly some of these federal welfare programs have grown.

For example, the number of Americans on food stamps has grown from about 17 million in 2000 to 31.9 million when Barack Obama took office to 46.4 milliontoday.

The federal government spent a staggering 71.8 billion dollars on the food stamp program in 2011.

That sure is a lot of money to spend on food.

And I thought that my grocery bills were high.

Medicaid is also growing like crazy.

The number of Americans on Medicaid grew from 34 million in 2000 to 54 million in 2011.

Once upon a time, Medicaid was supposed to help the poorest of the poor get medical care.  In fact, back in 1965 only about one out of every 50 Americans was on Medicaid.

But now about one-sixth of the entire country is on Medicaid.

Will we all eventually be on Medicaid?

As I mentioned recently, It is being projected that Obamacare will add 16 million more Americans to the Medicaid rolls.

And we all know that projections like that are usually way too low.

Other federal welfare programs are exploding in size as well.

For example, federal housing assistance increased by a whopping 42 percentbetween 2006 and 2010.

The chart posted below was produced by Senate Budget Committee Republican staff.  As you can see, the number of Americans on welfare just continues to grow and grow and grow….

Keep in mind that the chart posted above does not even take into account the huge numbers of Americans that are on Social Security and Medicare.

In the United States today, more than 61 million Americans receive some form of Social Security benefits.

Just think about that.

That means that nearly one out of every five Americans is drawing on Social Security.

That is just crazy.

And in the years ahead we are going to see wave after wave of Baby Boomers retire and so the number of Americans drawing on Social Security is just going to keep going up.

The same kind of thing is happening with Medicare.

As I wrote about the other day, it is being projected that the number of Americans on Medicare will grow from 50.7 million in 2012 to 73.2 million in 2025.

Ouch.

That sure does sound expensive.

If you can believe it, Medicare is facing unfunded liabilities of more than 38 trillion dollars over the next 75 years.

That comes to approximately $328,404 for each and every household in the United States.

Will you be able to pay your share?

And that is just for Medicare.

The federal government just keeps becoming a bigger and bigger part of the health care industry.

Continue Reading At: EndOfTheAmericanDream.com

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Hyper Report 08/08/2012 – Feds Brainwashing Scheme

via: HyperReport
August 8, 2012

Source Links and video text for Today’s Items are located at:

http://hyperreport.org/2012/08/08/120808/

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Social Media Creates Modern Day Nastazi Spies for the Global Elite

via: OccupyCorporatism
by: Susanne Posel
August 8, 2012

Facebook and its infiltration into our modern society is now the barometer of whether or not a person is “suspicious” or not. Some psychologists are even suggesting that not having a Facebook profile means that you are a psychopath.

The link between the Batman shooter and the Norwegian mass murderer was their lack of Facebook profiles. In fact, this may “be the first sign that you are a mass murderer.”

By not following the mass of sheeple giving up their personal information to online social networking sites as well as leaving a small online footprint, this signals a person who is potentially dangerous.

Even becoming employed may hinge on your Facebook profile – as a way to monitor your personal life and where you fit into society. The CIA has a quite popular Facebook page that invites college student to apply for National Clandestine Service.

In March, a letter from Mark Zuckerberg, CEO of Facebook, where he redefines “hacker” as meaning “building something quickly or testing the boundaries of what can be done” and those “hackers” are “idealistic people” who have a “positive impact on the world.”

The NSA recruits students from colleges and universities in a program that looks for the next generation of American-grown hackers.

Steven la Fountain explains that new hires must be able to decipher the inner workings of computer imputation to assist the US government in being the superpower of the technology world. “We are not asking them to teach kids how to break into systems, we’re not asking them to teach that. And a lot of them have said they wouldn’t teach that,” la Fountain adds. “We’re just asking them to teach the hardcore fundamental science that we need students to have when they come to work [at the NSA].”

Zuckerberg then refers to the NSA Utah Spy Center that “should be up and running in September 2013” which will connect all servers and routers and store all digital data in “near-bottomless databases” including private emails, cell phone calls, Google searches in conjunction with paper trails like receipts, traffic tickets, retail purchases to create detailed profiles on every American citizen.

Continue Reading At: OccupyCorporatism.com

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The corn, soy, and beets are on fire… let the GMOs burn!

via: NaturalNews
Wednesday, August 08, 2012
By: S. D. Wells

[NaturalNews] It is EPIC IRONY that certain genetically modified vegetables, namely corn, soy and beets, are burning up in the summer heat and drought that is devastating the entire Midwestern United States. There is a certain serendipitous irony, like bad karma coming home to roost for the greedy corporations that continually put profits ahead of human health and wellness. There’s always a price to be paid for unethical business practices, and just about every vegetarian and vegan knows the truth about the detriments to your health from eating vegetables that come from seedlings which are bred with pesticide in a laboratory.

Right now, as you read this, massive amounts of dried up and cracking dirt is strangulating nearly 40 percent of the genetically modified CORN, SOY, and BEET roots, and in some hauntingly similar way, those toxic vegetables have been slowly strangulating the masses who have been consuming them for the past 15 to 20 years.

GMO equals short term profits and shorter human life

Pesticide is now growing inside of the most popular vegetation, thanks to the last two decades of “Ag-science,” (agricultural science) figuring out how to engineer toxic pest killers as part of the plants’ genetic makeup. Now, thanks to plant immunity to RoundUp pesticide, at least five to ten times more pesticide is dumped onto the vegetation as it grows in America’s fields. This means fewer worms, fewer insects, and fewer turtles and rabbits eating away at the plants, which means higher profits for “sell out” farmers and the contributing corporations. Or does it? Human beings can’t eat pesticide or we get cancer, and so as we do “EAT CANCER,” huge pharmaceutical firms prosper, and it just further assists them in running the country, the politicians, Western Medicine and the mainstream media. (http://programs.webseed.com/Dont_Eat_Cancer__TV.htm)

The greatest monopoly to ever besiege mankind is the merger of the U.S. food industry with the U.S. pharmaceutical industry. (http://www.naturalnews.com/030394_GMO_plant_pharmas.html) Perpetuated myths invade the masses via media tricks and ad campaigns, and most people have no idea they are eating pesticide for breakfast, lunch, and dinner every single day. The cleansing and detoxifying organs, like the kidneys, pancreas and liver are being overwhelmed with GMO toxins and food additives.

Soy myth!

It’s becoming very difficult to find any soy which is truly organic. Most soy in America is genetically modified, processed, and causes extreme health detriment. Do you drink soy milk because you’re trying to avoid dairy? Switch to almond milk or rice milk right away. Why? Soybeans contain HAEMGGLUTININ, which is a clot promoting substance that causes red blood cells to clump together. This is what leads to strokes. Also, soy beans contain natural toxins or “anti-nutrients” and are considered enzyme inhibitors, because they block the action of trypsin and other enzymes that humans need for protein digestion. These can produce serious gastric distress and cause chronic deficiencies in amino acid uptake. In test animals, they cause enlargement of pathological conditions of the pancreas, including cancer.

Soy consumption also increases estrogen. Research shows that hamsters fed with GM soy were unable to have offspring and suffered a high mortality rate. Also, steer clear of soy protein isolate, found in most protein shakes and protein bars. Hexane, a petroleum solvent similar to gasoline, is used in the processing phases of soy, and remnants are found in all non-organic soy based food. Oh, but you will never find hexane on the label.

Corn plague!

Genetically modified corn does NOT feed the entire world, it poisons the entire world. Frankencorn is laden with pesticides inside and out, and America breeds it and feeds countries and most livestock this toxic, insidious food product, as if it’s just normal daily business. This drought is more like some ancient Egyptian plague for these huge biotech corporations like Monsanto and Dow. This drought is like something out of the Ten Commandments.

Monsanto’s Bt-sweet “Frankencorn,” the agri-giant’s first ever GM corn product, is made available as whole ears right on the cob, so it’s not just the processed corn products to watch out for anymore. (http://www.naturalnews.com)

“What will farmers use to feed livestock if there’s no corn?!” The behind-the-scenes-truth is that corn and grain based animal feed cause digestive infections and disorders in the animals. Those “corporate” infections (and the antibiotics given to treat them) are passed on to carnivores all over the world.

“Agent Orange” corn on the rise like a Grim ReaperEnlist, known by its critics as “Agent Orange” corn, is created by Dow AgroScience and is engineered to be immune to 2,4-D, an ingredient used in Vietnam that lead to thousands of soldiers coming back from the war with cancer. Farmers can douse their crop with this lethal pesticide and boost profits, all while fueling the $100 billion cancer industry. Studies show that 2,4-D exposure is associated with various forms of cancer, Parkinson’s Disease, nerve damage, hormone disruption and birth defects.

Monsanto GM beets for MONOSODIUM GLUTAMATE; who knew?

Anyone wondering why the biotech giant Monsanto would patent beets and prosecute organic farmers for keeping their seeds? You may be thinking that there can’t be massive consumption of beets, like there is of corn and soy, but think again. That concentrated salt (MSG) that gives you migraine headaches, causes your children to vomit, and gives infants brain damage, is mass produced and mass distributed in nearly every salty, non-organic product known to mankind. You’ll even find it in products that claim to be “all natural.” (http://www.naturalnews.com/024417_sugar_Roundup_beets.html)

Plus, the sugar beet pulp is a processed by-product widely used as feed supplements for livestock. Farmers across the country are planting Monsanto’s Roundup Ready sugar beet, genetically engineered for resistance to Monsanto’s herbicide glyphosate (marketed as Roundup). Up to 95 percent of the sugar beet crop in Idaho alone is GM, totaling 150,000 out of 167,000 acres. Half of the granulated sugar in the U.S. comes from pesticide laden sugar beets, creating UNPRECEDENTED health and environmental risks.

When did all the MSG mayhem kick into full gear? Back in 2005, the U.S. Department of Agriculture (USDA) changed the classification of Roundup Ready sugar beets from regulated to “deregulated.” Basically, the USDA and the FDA failed to conduct research into the impacts of humans eating Roundup pesticide.

The great 2012 drought – A blessing in disguise

Unfortunately, there are many innocent organic farmers suffering from the drought too. However, we don’t need GM corn, soy and beets, so let those prices rise. If corn and soy prices went up 100 percent instead of what the media is warning about (four percent), it would be a blessing. Maybe then the masses who think GM means the “evolution of farming” would stop buying cancer causing food and start buying organic food that heals the body and PREVENTS DISEASE. It’s your choice every day, every meal. Every penny you spend can feed pollution and disease, or promote nutrition.

Here are some helpful links for donating funds and/or joining the organic food mission:

1. http://www.organicconsumers.org/monsanto/action.cfm

2. http://www.naturalnews.com

3. http://www.naturalnews.com/031784_organic_foods.html

4. http://www.huffingtonpost.com

5. http://www.nongmoshoppingguide.com/

Join the movement and the life-long mission, if you have not already. Buy organic food and easy recipe books and videos/guides and start making your own chips and dips, with organic spices and herbs. And don’t you dare complain that you can’t afford it, because what you can’t afford is to get DIABETES, CANCER, HEART DISEASE AND ALZHEIMER’S.

Sources for this article include:

http://www.worthington-biochem.com/try/default.html

http://www.naturalnews.com/035029_GM_corn_Walmart_Monsanto.html

http://gardening.about.com/od/vegetables/p/Beets.htm

http://www.naturalnews.com/035734_GMOs_foods_dangers.html

http://www.washingtonpost.com

http://www.huffingtonpost.com

http://www.organicconsumers.org/monsanto/action.cfm

http://www.naturalnews.com/031784_organic_foods.html

http://www.naturalnews.com

http://www.msgexposed.com/doritos-extreme-msg-dangerously-bold-indeed/

http://www.thetruthaboutcars.com

Read More At: NaturalNews.com

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Be Careful What QE You Wish For #2467: Gas Prices Surging Again

via: ZeroHedge
by: Tyler Durden
August 8, 2012

Tyler Durden's picture

After a drop of more than 20% from late April to mid June in wholesale gasoline prices which was heralded as the great savior of a slowing global economy – all those implicit tax cuts… the hopes and dreams of the next great unsterilized money-printing has not only floated equity asset valuations to near multi-year highs but energy prices across Europe and the US are soaring once again. This ‘transitory’ 25% surge in wholesale gasoline prices in the US in the last two months – now back above $3/gallon implies (given the lag in transmission) that retail gas prices (which historically peak around July 4th) are set to rise notably above last year’s summer peak – back up near record highs and eating into that ever so happy to spend consumer’s pocketbook once again. Meanwhile, Europeans are seeing near-record highs in retail gas prices once again andBrent priced in EUR (which remember is what they ‘care’ about) is now back above 2008 highs and within a few euros of all-time record highs – up almost 30% since Mid-June. Deflationary? Recessionary?

US Crude, Wholesale Gasoline, and Retail Gas Prices are charging higher…

Continue Reading At: ZeroHedge.com

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Mandate by Congress Forces Post Office Into Default

via: ActivistPost
by:  Brandon Turbeville
Wednesday, August 8, 2012

On Friday, August 3, 2012, the United States Postal Service experienced its first-ever default on a Congressionally-mandated payment of $5.5 billion for the retirement benefits of future employees.

Although USPS is claiming that, for now, the default will have “no material effect” on the operation of the Post Office and that the agency will continue to deliver mail and pay employees, the fact is that this financial quandary has raised new questions regarding just how long the agency will be able to operate.

After all, the USPS is expected to default on the second half of this payment – another $5.6 billion – in September.

Congress is now debating what to do about the default and the question of how or if the USPS will continue to function in the future. FOX News reports that;

While the Senate passed a bill in April that provides an $11 billion cash infusion to help the mail agency avert a default, it would also delay many of the planned postal cuts for another year or two. The House remains stalled over a measure that allows for the aggressive cuts the Postal Service prefers, in large part due to concerns among rural lawmakers over cutbacks in their communities. 

The Postal Service originally sought to close low-revenue post offices in rural areas to save money, but after public opposition it agreed to keep 13,000 open with shorter operating hours. The Postal Service also is delaying the closing of many mail processing centers, originally set to begin this spring. The estimated annual savings of $2.1 billion won’t be realized until the full cuts are completed in late 2014.

Continue Reading At: ActivistPost.com

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