Archive for December 15, 2011

Obama to fill Gitmo with Americans as NDAA law passes

“The right to due process in America is coming to a sudden end as traitorous members of Congress have now passed the National Defense Authorization Act (NDAA) which gives the U.S. military the power to arrest, detain, interrogate, torture and murder U.S. citizens inside the United States, with no due process.

President Obama, who had previously said he would oppose the bill (because he claimed he already had the power to kill Americans outside the law), now says he will support it and presumably sign it. The White House even issued a statement, which is one of the most astonishing and Big Brother-ish examples of doublespeak yet observed coming out of the Obama administration:

“We have concluded that the language does not challenge or constrain the President’s ability to collect intelligence, incapacitate dangerous terrorists, and protect the American people, and the President’s senior advisors will not recommend a veto…”

Of course, by “protect the American people” what they really mean is that they will shred the Peoples’ protections under the Constitution and Bill of Rights.”

Via Natural News

CA moves to regulate how often motorists can change their oil

State hopes to break car owners’ habit of changing oil too often
“Many automobile owners are spending more than they need on motor oil, believing that it should be changed every 3,000 miles even though almost no manufacturer requires such an aggressive oil-change schedule.

The long-held notion that the oil should be changed every 3,000 miles is so prevalent that California officials have launched a campaign to stop drivers from wasting millions of gallons of oil annually because they have their vehicles serviced too often.”

Via LA Times

We’ve Crossed the Rubicon

“Do you suppose cows have any idea what’s coming as they’re marched down the chute? Or do they stare with bovine indifference at the tail and hind quarters in front of them, until they’re suddenly — and very briefly — startled by the man with the nail gun?

Perhaps Americans will — likewise too late — ask themselves what happened in the very near future. Perhaps just after the midnight knock comes and they are taken away into the night.

It is not an exaggeration.

America is now on the cusp of becoming a state that does exactly such things — things exactly like the things done by 20th-century horror shows such as National Socialist Germany or Stalin’s USSR. Literally. Not “this is where it might lead” or “the tendency is similar.” Exactly, literally, the same thing. The only difference is that it awaits being done on a mass scale. But the power to do it openly — brazenly — has been asserted.

And is about to be sanctified by law.”

Via Whiskey and Gunpowder

If terrorists ‘hate us for our freedom,’ U.S. politicians are their best allies

“As soon as Barack Obama signs the legislation passed by Congress, you can be arrested by the government on mere suspicion of “terrorist” wrongdoing and sent to a military prison — with no rights and no ability to demand a trial. Is there any more certain signal that we’ve become a police state?

The people who supported the bill claim that it won’t do anything other than formalize what is already recognized as a president’s power to detain people on mere suspicion. They claim this power is somehow needed in the “war on terror.” (Have you ever noticed that the things the government does starting with “war on” never end? There was the “war on poverty,” the “war on drugs,” the “war on terror.” Maybe the real target of these wars is us.)”

Via David McElroy

Is Free Thinking A Mental Illness?

“Is nonconformity and freethinking a mental illness? According to the newest addition of the DSM-IV (Diagnostic and Statistical Manual of Mental Disorders), it certainly is. The manual identifies a new mental illness called “oppositional defiant disorder” or ODD. Defined as an “ongoing pattern of disobedient, hostile and defiant behavior,” symptoms include questioning authority, negativity, defiance, argumentativeness, and being easily annoyed.

The DSM-IV is the manual used by psychiatrists to diagnose mental illnesses and, with each new edition, there are scores of new mental illnesses. Are we becoming sicker? Is it getting harder to be mentally healthy? Authors of the DSM-IV say that it’s because they’re better able to identify these illnesses today. Critics charge that it’s because they have too much time on their hands.”

Via Off the Grid News

Categories: thought police

The Poor Man’s Guide To Survival Gear

“A friend of mine took note recently that a large portion of activists involved in the Liberty Movement had hit extremely hard times, or had been struggling financially even before the general economic collapse began to take hold. He asked me my theory on why it was that so many of us are always so broke. I could only relate that it is almost always the working class poor in any society that first sees the effects of a corrupt government and a faulty economic system. Those who legitimately hold to the principles of self sustainment, and fair play, are usually the first to be stabbed in the back by the establishment, and so, they are the first to become politically active against it. That is to say, sometimes we have to lose almost everything before we are able to see the bigger picture.

While I consider this fact a source of solace in these extraordinarily hard times, it still does little to put food on the table, or survival gear in the bug-out-bag. “

Via Zero Hedge

Dear Nouriel Roubini: The Fundamental Case for Gold Has Not Changed; To Understand, All Roubini Need Do is Look in a Mirror

“The US dollar has seen or crossed this level six times. In effect there has been no net movement in the US dollar for six years. Meanwhile in every instance, with each cross of 80.50 level on the US dollar index, there has been an upward trend in the price of gold.

At the beginning of 2005 gold was at $435. The US dollar index was 80.5.

Now gold is $1640 with the US dollar index a half-point higher at 81.0

Is there any conceivable reason I should change my position on gold (or for that matter the US dollar). “

“The fact of the matter is gold does well in deflation. It also does well in times of credit stress. There is immense credit stress right now in sovereign debt in Europe.

Moreover, central banks have on-and-off stepped on the monetary pedal in unison to combat recessions and deflation. Gold has reacted to that. Recently, gold has reacted to Fed statements regarding QE3 and bond buying by the ECB.”

“If central banks do not resort to the printing press, if governments do not give in to more absurd Keynesian stimulus ideas, and if the US budget deficit is brought under control, then, yes, gold may have topped.

How likely is that? “

Via MISH’S Global Economic Trend Analysis

Categories: Uncategorized

As Negative Gold Lease Rates Collapse, The Gold Sell Off Is Likely Coming To An End

“One of the more curious dynamics for those who follow the gold market closely, has been the relentless grind lower (or higher if looked at on an absolute value basis), of gold lease rates (defined as Libor – GOFO), which recently hit all time record lows (i.e., negative), for the 1 month version, although the more traditional 3 Month (as it is based on the benchmark 3M USD Libor) was also quite close to breaching historic low levels. And while we have discussed the nuances of Libor-GOFO, or the gold lease rate extensively before, a good summary was presented by Jesse’s Cafe Americain yesterday, who correctly suggested that record lease rates are a primary driver for the near historic sell off we experienced yesterday. In a nutshell, negative lease rates mean one has to pay for the “privilege” of lending out one’s gold as collateral – a prima facie collateral crunch. The lower the lease rate, the greater the use of gold as a source of liquidity – and since the indicator is public – it is all too easy for entities that do have liquidity to game the spread and force sell offs by those who are telegraphing they are in dire straits and will sell their gold at any price if forced, to prevent a liquidity collapse. “

Via Zero Hedge

Categories: Uncategorized

Gold and Money in Extremis… One Man’s Story

“On September 17, 1939, Russia invaded Poland, and over the next year over 1.7 million Poles were deported to labor camps or sent into exile into Kazakhstan and Siberia. Their only crimes at the time were being Polish citizens. None of the land or homes taken by the Russians was ever returned to these Poles after the war, despite their release from the Gulag in 1941 to fight with distinction under the British army. Per the 1943 Tehran Declaration, post WWII, Eastern Poland remained a part of Russia. Winston Churchill said of Poland in 1946, “We who went to war on her behalf…watch with sorrow the strange outcome of our endeavors.”

Fiat currencies are particularly vulnerable during war and often become rapidly worthless as countries fail. Such was the case for my grandparents, who in 1939 resided in eastern Poland. This is their story as told to me by my grandfather, Marion Szablicki:

Early morning on September 18th, 1939, I learned the rumors of the Russian invasion of eastern Poland were true. Just three weeks prior, we had been attacked by Germany. Russia now attacked Poland from the east. In a matter of weeks, Poland was overrun. I had re-enlisted in the army after the Germans invaded, but upon hearing this news, those of us from the east were told to go home. I had a wife and a three-year-old daughter to protect. I left to go back to our village immediately, covering the 40- kilometer journey on foot in a day.”

Via Daily Reckoning

Categories: Uncategorized

In Less than 24 Hours Congress Could Vote to Change the Internet Forever

“Tomorrow the House Judiciary Committee is going to vote on H.R.3261, the Stop Online Privacy Act, or SOPA for short. As I have previously outlined, this legislation would destroy the internet as we know it and severely impinge on free speech and the spread of information.

If this passes committee, which all indications say it likely will, it could be voted on by the whole of the House of Representatives at any time.

Individuals and corporations both large and small are stepping up to fight back against the draconian SOPA legislation and the Senate’s sister legislation, the PROTECT IP Act.

However, there is a significant lobby that is pushing back against the tide of freedom and liberty in an attempt to severely restrict the internet.

As the American Civil Liberties Union (ACLU) pointed out in a Congressional hearing, SOPA will restrict non-infringing online content right along with the infringing content the bill is supposedly aimed at combating.”



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