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August Landmesser, Hamburg Shipyard Worker Who Refused To Make Nazi Salute

Saturday, June 28, 2008

Barclays warns of a financial storm

Source:
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/06/27/cnbarclays127.xml

Barclays warns of a financial storm as Federal Reserve's credibility crumbles

Last Updated: 3:02pm BST 27/06/2008US central bank accused of unleashing an inflation shock that will rock financial markets, reports Ambrose Evans-Pritchard Barclays Capital has advised clients to batten down the hatches for a worldwide financial storm, warning that the US Federal Reserve has allowedthe inflation genie out of the bottle and let its credibility fall "belowzero". "We're in a nasty environment," said Tim Bond, the bank's chief equity strategist. "There is an inflation shock underway. This is going to be very negative for financial assets. We are going into tortoise mood and are retreating into our shell. Investors will do well if they can preserve their wealth." Barclays Capital said in its closely-watched Global Outlook that US headline inflation would hit 5.5pc by August and the Fed will have to raise interest rates six times by the end of next year to prevent a wage-spiral. If it hesitates, the bond markets will take matters into their own hands. "This is the first test for central banks in 30 years and they have fluffed it. They have zero credibility, and the Fed is negative if that's possible. It has lost all credibility," said Mr. Bond. Strategists at Barclays accuse Ben Bernanke of a policy blunder* RBS issues global crash alert



The grim verdict on Ben Bernanke's Fed was underscored by the markets yesterday as the dollar fell against the euro following the bank's dovish policy statement on Wednesday. Traders said the Fed seemed to be rowing back from rate rises. The effect was to propel oil to $138 a barrel, confirming its role as a sort of "anti-dollar" and as a market reproach to Washington's easy-money policies. The Fed's stimulus is being transmitted to the 45-odd countries linked to the dollar around world. The result is surging commodity prices. Global inflation has jumped from 3.2pc to 5pc over the last year. Mr. Bond said the emerging world is now on the cusp of a serious crisis."Inflation is out of control in Asia. Vietnam has already blown up. The policy response is to shoot the messenger, like the developed central banks in the late 1960s and 1970s," he said."They will have to slam on the brakes. There is going to be a deep global recession over the next three years as policy-makers try to get inflation back in the box. "Barclays Capital recommends outright "short" positions on Asian bonds,warning that yields could jump 200 to 300 basis points. The currencies of trade-deficit states like India should be sold. The US yield curve is likely to "steepen" with a vengeance, causing a bloodbath for bond holders. David Woo, the bank's currency chief, said the Fed's policy of benign neglect towards the dollar had been stymied by oil, which is now eating deep into the country's standard of living. "The world has changed all of a sudden. The market is going to push the Fed into a tightening stance," he said. The bank said the full damage from the global banking crisis would take another year to unfold. Rob McAdie, Barclays' credit strategist, said: "The core issues have not been addressed. We're still in a very large deleveraging cycle and we're seeing losses continue to mount. We think smaller banks will struggle to raise capital. We're very bearish - in the long-term - on high-yield debt. The default rate will reach 8pc to 9pc next year. "He said investors had taken their eye off the slow-motion disaster engulfing the US bond insurers or "monolines". Together these firms guarantee $170bn of structured credit and $1,000bn of US municipal bonds. The two leaders - MBIA and Ambac - have already been downgraded as the rating agencies belatedly turn stringent. The risk is further downgrades could set off a fresh wave of bank troubles. "The creditworthiness of many US financial institutions will decline in coming months," he said. The bank warned that engineering and auto firms we're likely to face a crunch as steel and oil costs surge. "Their business models will have to be substantially altered if they are going to survive," said Mr. McAdie. A small chorus of City bankers dissent from the view that inflation is the chief danger in the US and other rich OECD countries. The teams at Société Générale, Dresdner Kleinwort, and Banque AIG all warn that deflation may loom as housing markets crumble under record levels of household debt. Bernard Connolly, global strategist at Banque AIG, said inflation targeting by central banks had become a "totemism that threatens to crush the world economy". He said it would be madness to throw millions out of work by deflating part of the economy to offset a rise in imported fuel and food prices. Real wages are being squeezed by oil, come what may. It may be healthier for society to let it happen gently.

Bolton: Israel Will Strike Iran if Obama is Elected

Wednesday, June 25, 2008 4:32 PMBy: Rick Pedraza

Former U.S. Ambassador to the United Nations John Bolton believes Israel will stage a raid against Iran's nuclear facilities if Democratic nominee Barack Obama wins the upcoming presidential election in November.

Bolton, often labeled a resolute neo-conservative, believes the Israeli attack would take place sometime between the day after Obama's win and his inauguration on January 20 of next year.
In an interview with FOX News, Bolton says, "I think if they are to do anything, the most likely period is after our elections and before the inauguration of the next President."

Bolton reasons Israel won’t be able to hold off a strike on Iran any longer than that given the Illinois senator's intended foreign policy toward the Islamic Republic.

"I don’t think they [the Israeli government] will do anything before our election because they don’t want to affect it,” he says, adding, “They’d have to make a judgment whether to [strike] during the remainder of President Bush’s term in office or wait for his successor."

Bolton points to Obama’s statements in which he says he would engage Iran in direct talks and take the military option for dealing with Iran's quest for nuclear weapons off the table, a position he believes will further embolden Tehran to build a nuclear bomb.

In a related interview with The Telegraph, Bolton says he believes Arab countries will support an Israeli strike, effectively ending Iran's nuclear ambitions, while publicly denouncing it.
Their reaction, he tells the British paper, "will be positive privately. I think there'll be public denunciations, but no action."

Bolton thinks Israel may consider postponing the attack, however, if Senator John McCain, R-Ariz., emerges as the victor in the presidential race. He says McCain's stance on Iran “is far more realistic than that of the Bush administration.”

Bolton doubts Iran would respond immediately with a counterstrike of its own, partially because Tehran would fear an American reprisal.

Earlier this month, Israel held a massive air force exercise over Greece that U.S., Israeli and Greek sources later confirmed was a test run for a strike on Iran's main uranium enrichment plant.

Thursday, June 19, 2008

Vitamin C...ILLEGAL? CAN YOU HEAR ME NOW?

Vitamin C About to be Made Illegal in Canada!

"So you want to take Vitamin C, how about if it was illegal to take that vitamin C, what if it was so illegal that you could be thrown in jail for up to 2 years and fined up to $5,000,000! Sounds like fiction doesn't it?

Well it's about to become reality unless people become aware of what is going on. The Canadian Government is trying to pass a bill known as Bill C51. This bill has already passed its second reading and it is flying under the radar, it is very close to becoming law and some powers that be DON'T WANT YOU TO KNOW! This bill would give entire control of supplements over to drug companies by only allowing MDs to "Prescribe" them as they see fit. Of course we know here in this country the government controls the doctors and the pharmaceutical companies tell the government what laws they want inorder to make more profit. What this means is that if you want to take a multivitamin or some Omega-3, you have to book an appointment with your doctor, go in and try to convince your doctor that you are in need of these supplements. If you doctor doesn't approve or better yet decides a certain drug would be better off for you then you unfortunately won't have access to your supplements anymore.

On top of this the entire natural supplement industry will collapse on itself, thousands of jobs will be lost and even more stress will be placed on our already crumbing over-stressed medical system. Imagine waiting over a month to get in to see your MD just to request if you can take some oregano oil for a cold that has now come and past, only to have your request denied anyway.

The irony of all this is that MDs who are NOT trained in the use of herbs and supplements for the most part will have full control over what you can and CANNOT TAKE. To summarize:
- No More Supplement Stores!
- Supplements are made illegal unless obtained through a prescription and 70% of all current supplements on the market will be removed!
- Prices for obtainable supplements will be higher than they are currently due to the monopolization, and being made into prescriptions!
- Restrict research and development of safe natural alternatives in favor of high risk drugs!
- Punish Canadians with little or no opportunity for protection or recourse for simply speaking about or giving a natural product without the approval of government!
- Fines of up to $5,000,000.00 and/or seek 2 years in jail per incident of being caught breaking any of these newly implemented laws. This includes USING OR SELLING SUPPLEMENTS WITHOUT GOVERNMENT APPROVAL!

- YOU WILL LOSE ALL YOUR RIGHTS AND FREEDOM OF CHOICE REGARDING YOUR OWN PERSONAL USE OF SUPPLEMENTS and NATURAL MEDICINE IN CANADA!
No More Vitamin C, No More Omega-3, No More Oregano Oil, No More Natural Multivitamins, No more natural sleep aids, NO MORE HERBS, VITAMINS, MINERALS. No more choice in what YOU want to do for YOUR HEALTH!

It has been said that these kinds of actions were the first things to happen before the NAZIs gained power. Even if you aren't interested in taking supplements yourself, you should realize that these kinds of actions are leading our society away from democracy and into some kind of dictatorship run government where people are losing their personal power and allowing the government to do anything they want.

Some rumors surrounding bill C-51 is that it is being pushed ahead by pharmaceutical company funding that want complete control of the supplement market by making them prescription only. It's ALL ABOUT THE MONEY! They're VERY interested in you taking supplements, because if you do odds are less likely you'll need THEIR DRUGS. On top of this rumor has it that the Canadian minister of health himself has very large investments in pharmaceutical companies, further backing Bill C-51 so he himself can profit from it! The worst part is he is going out and telling the ill informed that it is in their best interests. People out there need to know the truth!
What can you do? Let people know, the best thing you can do is spread the word about this issue. When major media begin to take this seriously and cover the story more, then we can prevent these very negative changes. Start a petition or sign one of the current ones going around. This is really happening people and if we don't try to stop it now we'll be paying for it in the years to come.

Help STOP BILL C-51 before it passes. ITS NOT TOO LATE! This is a very scary reality that would allow pharmaceutical drug companies complete control over the Canadian Health System. It will be the end of the entire natural health industry, and the end of peoples choice in how they want to take care of their own health!"


Dr. Mercola's Comments:

For many, this sounds inconceivable. Surely someone is misinterpreting the proposed law?
After hours of cross-checking, I must admit, I’m still a bit confused about its true potential ramifications.
In reading the proposed law itself (for the full act see this link), the statements above appear to be potentially accurate interpretations. Ditto on the dire predictions made by Stop51.com.
And, although the Canadian government’s site Healthy Canadians claims that none of the above statements are true, it offers very little in terms of guidance on just how and why the law doesn’t mean what it says.
Why Should Americans Care?
If you’re one of the millions of people in Canada, the United States or Mexico, who has never heard of the Trilateral Union, the North American Union (NAU), or Codex, I’m afraid you may be in for a quite a surprise. But don’t feel bad, neither of our respective governments or major media outlets are speaking publicly or frankly about these plans.
These issues are far too broad and deep to go into in this article, but they are the reasons why you should care about this law passing in Canada, even if you don’t live there now – because in the foreseeable future the borders between our three countries might disappear.
If you’re reading this newsletter you obviously have access to the internet, so just Google “North American Union” or “Codex” and you’ll get more than 74.6 million and 13 million hits respectively on these two topics.
You can also search my website for previous articles on Codex and what these international food and supplement standards may mean for the future of nutritional supplements.
If being an informed citizen matter to you, don’t let these topics slip under your radar – they have the power to change our respective countries and our ways of life in more ways than you could imagine.

What Does Codex Have to Do With C-51?
To answer that question we have to back up a couple of paces and start with a quick explanation of what Codex is.
The Codex Alimentarius Commission, conceived by the United Nations in 1962, was birthed through a series of relationships between The World Health Organization (WHO), the Food and Agriculture Organization (FAO), the World Trade Organization (WTO) as well as the American FDA and USDA.
The Codex Alimentarius itself is a compilation of food standards, codes of practice and guidelines that specify all requirements related to foods (whether processed, semi-processed, genetically engineered, or raw). Their purpose is to protect consumers’ health, ensure fair business practices within the food trade, and eliminate international food trade barriers by standardizing food quality.
Sounds good in theory, right?
However, the two most potentially dangerous prospects of Codex are: 1) these standards are being devised as international rules intended for world-wide adoption, and 2) Codex has classified nutrients as toxins.
Yes, toxins. That’s not a misprint.
The Codex Commission decided—with the support of the United States—to use something called Risk Assessment, which assesses the maximum level of a substance – in this case a nutrient -- that may be ingested without causing any discernable biological effect.
Did you get that one? Let me explain further.
Risk Assessment is a branch of Toxicology, a.k.a. the science of toxins (as opposed to the science of nutrition). In a sane world, it is used to assess how much of a toxic substance you can safely eat without noticing any physical effects or problems. As soon as there is a biological effect, you have hit the upper, maximum limit for that substance.
Codex is slowly but surely shimmying into position to mandate the universal maximum “safe” level of every vitamin, mineral, supplement and herb that may legally be manufactured, used or sold -- with “safe” being a level that has no physical effect.
So, what does this have to do with Canada’s potential adoption of C-51?
Well, C-51 also amends the Canadian law to allow trade agreements to become law without Parliamentary approval, and for the regulation to incorporate documents produced by a foreign state or subdivision of a foreign state.
What that means is that the Codex treaty could become Canadian law without Parliamentary approval simply by passing a regulation saying it is now part of the Canadian regulations.
If the Codex rules become the law of the land in Canada, the safety of supplements might become judged on the toxicology scale, and if Canada has these laws in place when the NAU becomes reality – guess what? The U.S. and Mexico may have little choice but to fall under the same umbrella of laws and standards.
And, even if you refuse to believe that the North American Union will ever take place, passing similar, potentially restricting natural health laws in the U.S. will be a whole lot easier if Canada sets the precedent.
The Fine Art of Double-Speak
The Canadian law, known as C-51, was introduced by the Canadian Minister of Health on April 8th, 2008, proposing far-reaching changes to Canada's Food and Drugs Act. The question on everyone’s mind is whether or not it might have devastating consequences on the health products industry.

According to the government website Healthy Canadians, Canadians will continue to have access to natural health products that are safe, effective and of high quality, and claims that:
Natural health products will not be regulated as pharmaceutical drugs; they will continue to be regulated under their own regulations - separate from drugs and foods.

Bill C-51 will not increase the costs of natural health products.
Bill C-51 does not regulate growing an herb garden.
Bill C-51 does not target practitioners who compound products for their patients.
Bill C-51 does not target Canadians' personal use of natural health products.
Health food stores will not require a special license to sell natural health products.
Canadians will not require a prescription from a doctor for natural health products.
However, the site also makes somewhat confusing statements like:
“Under Bill C-51 the term ‘therapeutic products' encompasses a range of products sold for therapeutic purposes, including drugs, medical devices, biologics, and natural health products. This does not change the classification of a natural health product nor impose additional requirements.”
Personally, I’ve not been able to sort out why or how a natural health product -- if now lumped together with drugs under the term ‘therapeutic products’ -- would not change its classification, and why they would not have to abide by the same rules as all other ‘therapeutic products.’
The Power of Words
One of the most opposed changes is this radical alteration to key terminology, including replacing the word "drug" with "therapeutic product,” which is the same term used for all natural products as well.

To get a better idea of the many questions and confusing pitfalls this law change brings to fore, I recommend reading the NHPPA Draft Discussion Paper on Bill C-51.
Clearly, I’m not the only one who can’t make heads or tails out of this legislative doublespeak, and the paper (written by a defense attorney specializing in the Food and Drugs Act) succinctly points out the power of language and key words in legislative debate.
For example, the old definition of “sell” is:
“includes the offer for sale, expose for sale, have in possession for sale and distribute, whether or not the distribution is made for consideration.”
That’s clear. In fact, I think most of us have a decent idea of what “selling” means. The NEW definition of “sell,” however, opens the door for a very broad interpretation:
“includes offer for sale, expose for sale or have in possession for sale, or distribute to one or more persons, whether or not the distribution is made for consideration and in relation to a device, includes lease, offer for lease, expose for lease or have in possession for lease.”
Now, what’s the reason for redefining the meaning of the word “sell” to include the simple act of “distributing to one or more persons”? Who does this new meaning benefit? Who does this now include that was not included before? Why the need for such a broad definition?
In plain English, it appears the law now applies if I were to simply give something to another person for free, whether it’s a stranger or a family member.

More Questionable Interpretations
Another interesting rebuttal by the Canadian government is the issue of whether or not an inspector would be allowed to enter private property without permission or a warrant.
The Healthy Canadian site states, “Inspectors will not be able to enter a private home without permission or a warrant.”
And yet the law, Section 23 (4), clearly reads: An inspector who is carrying out their functions may enter on or pass through or over private property without being liable for doing so and without the owner of the property having the right to object to that use of the property.Since when does “without the right to object” mean that they have to ask for permission or present a warrant?

What Can You Do?
I don’t pretend to know or understand the full potential implications of this proposed law. However, if -- after reading through the many source links I’ve included in this comment -- you believe that C-51 is a law that is not in your and your family’s best interest, you can make your voice heard by signing the StopC51 petition.
Related Articles:

How the Government is Threatening Your Freedom to Use Supplements What You Can do About Codex, A Threat to Your Health Freedom Flawed Codex Guidelines Passed

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Quotes:

"Do not fear your enemies, The worst they can do is kill you. Do not fear your friends, At worst, they may betray you. Fear those who do not care, They neither kill nor betray, but betrayal and murder exists because of their silent consent"

-Bruno Jasienski


If you're not confused, you're not paying attention.


-
Tom Peters



Good character is more to be praised than outstanding talent. Most talents are, to some extent, a gift. Good character, by contrast, is not given to us. We have to build it, piece by piece -- by thought, choice, courage, and determination.

-
H. Jackson Brown


This I believe: That the free, exploring mind of the individual human is the most valuable thing in the world. And this I would fight for: the freedom of the mind to take any direction it wishes, undirected. And this I must fight against: any idea, religion, or government which limits or destroys the individual.

-
John Steinbeck

‎"Those who would give up essential liberty to purchase temporary safety, deserve neither liberty or safety."

-Benjamin Franklin



Character is like a tree and reputation like a shadow. The shadow is what we think of it; the tree is the real thing.

-
Abraham Lincoln

"I don't want a nation of thinkers, I want a nation of workers."
- John D. Rockefeller, (1839-1937)


One who asks a question is a fool for five minutes; one who does not ask a question remains a fool forever.

- Chinese Proverb

Thanks for taking the time to read this.

Prove it wrong or pass it on..., DO SOMETHING.


IF VOTING REALLY CHANGED ANYTHING, IT WOULD ALREADY BE ILLEGAL.


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--NL

Put not your trust in the donkey or the elephant, but in the Lamb.

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"Our rulers can have authority over such natural rights only as we have submitted to them. The rights of conscience we never submitted, we can not submit. I have ever thought religion a concern, purely between our God and our consciences, for which we were accountable to him and not to the priests. For it is in our lives and not from our words that our religion must be read. But this does not satisfy the priesthood. They must have a positive, a declared ascent to all their interested absurdities. My opinion is that there would never have been an infedel, if there had never been a priest."

-
Thomas Jefferson

Fascism in American Political Culture

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Notice the two Fasci under each arm of President Lincoln. These Fasci (the universal sign of fascism) are everywhere if you look. They're on the back of a dime, on the walls of congress and here. WHY? I decided to find the real meaning behind it and found it terrifying. I hope you look into it for yourself and pass on what you learn. Etymology The term fascismo is derived from the Italian word fascio, which means "bundle" or group, and from the Latin word fasces. The fasces, which consisted of a bundle of rods that were tied around an axe, was an ancient Roman symbol of the authority of the civic magistrate. They were carried by his lictors and could be used for corporal and capital punishment at his command. The word fascismo also relates to political organizations in Italy known as fasci, groups similar to guilds or syndicates. The symbolism of the fasces suggested strength through unity: a single rod is easily broken, while the bundle is difficult to break. Similar symbols were developed by different fascist movements. For example the Falange symbol is a bunch of arrows joined together by a yoke.