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Archive for June 18th, 2009

Obama Regulatory Reform Plan Creates Banking Dictatorship

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Paul Joseph Watson and Steve Watson / Prison Planet – June 18, 2009

President Obama’s plan to give the privately-owned and unaccountable Federal Reserve complete regulatory oversight across the entire U.S. economy, which is likely to be enacted before the end of the year, will officially herald the beginning of a new form of government in the United States – an ultra-powerful banking dictatorship controlled by a small gaggle of shadowy and corrupt elitists.

The new rules would see the Fed given the authority to “regulate” any company whose activity it believes could threaten the economy and the markets.

This goes a step further than the centrally planned economies of the Soviet Union or Communist China, in that the Federal Reserve is not even accountable to the U.S. government, it is a private entity that according to former Fed chairman Alan Greenspan, is accountable to nobody but the banking families that own it.

Obama’s regulatory “reform” plan is nothing less than a green light for the complete and total takeover of the United States by a private banking cartel that will usurp the power of existing regulatory bodies, who are now being blamed for the financial crisis in order that their status can be abolished and their roles handed over to the all-powerful Fed.

According to an Associated Press report today, Democratic leaders have committed to enacting the plan before the end of the year and Republicans in both the House and Senate have indicated that they won’t stand in the way of the overhaul.

“The final plan….is expected to sidestep most jurisdictional disputes and simply impose across the board standards to be applied by all financial regulators, according to administration and industry sources, ” reports the Washington Times.

In other words, the Fed, which is already totally unaccountable to Congress, is to be placed in complete control of the entirety of the U.S. financial system, to do as it wishes without repercussion.

As the LA Times reports, the government, in conjunction with the private Federal Reserve, would effectively have the clout to simply seize and take over any company it desires.

In order to appease those opposed to the plan, such as Sen. Christopher J. Dodd, chairman of the Committee on Banking, Housing and Urban Affairs, the Obama administration has agreed to create a “watchdog” council of regulators to “advise the Fed”.

However, as former chairman  Alan Greenspan has most recently pointed out, given that the Fed is an independent entity, and therefore accountable to no one, it will have the power to simply reject and overrule any advice it is offered.

Link to entire article below…

Written by Steven John Hibbs

June 18, 2009 at 5:09 pm

Posted in Federal Reserve

The Obama Deception – High Quality Full Length Version

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Excellent Documentary Exposing Barack Hussein Obama

Written by Steven John Hibbs

June 18, 2009 at 3:27 pm

Posted in Documentary, Video

Amnesty International: Obama Must Prosecute Bush Regime Now

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Larry Cox / Christian Science Monitor – June 15, 2009

International law allows no exceptions.

With Dick Cheney and the infamous torture memos making headlines, President Obama and our nation face a choice. Should they prosecute or protect those responsible for the torture of detainees in secret CIA detention centers? If our leaders wish to steer our country back to the right side of the law, they must act immediately and unequivocally to prosecute.

The problem is that leading senators want the Senate Select Committee on Intelligence to complete its investigation into the treatment and interrogation of detainees (which could take between four and six months), before any prosecution is launched. Yet such a delay would potentially risk running out the clock on certain types of prosecution.

The federal Anti-Torture Act, for example, is subject to a statute of limitations after only eight years. For the prosecution of crimes committed in the months leading up to September 2002 – when Bush administration lawyers produced the first of the “torture memos” that purported to make torture legally permissible – that expiration date is spring 2010.

But there is no need to wait that long. There is already ample evidence that shows the previous administration concocted, approved, and implemented a torture policy. What’s more, there is no legal imperative holding the Department of Justice or federal prosecutors back from launching a criminal investigation, beginning with the task of identifying who is responsible for the crimes that have already been documented.

Although the Senate Intelligence Committee report may eventually provide some insights, it cannot be a substitute for the criminal investigations required for prosecution. But given the committee’s possible complicity in allowing torture to continue despite multiple Central Intelligence Agency briefings, we should not expect its report to break much new ground.

When Mr. Obama rescinded the torture memos upon taking office, he took an important first step toward repairing the damage wrought by the previous administration on our country’s commitment to human rights and rule of law. But his statement in April to forgo prosecution of those CIA agents who carried out torture is a breach of international law.

Some critics argue that a full investigation might lead the US public to ultimately side with torture and thus prosecution could be politically counterproductive. Others argue that prosecuting hundreds of people would waste resources during a war on terror, and that it should stay focused on going after terrorists.

However, the International Convention Against Torture, adopted by the United States in 1994, compels the US to prosecute everyone who is responsible for torture, all the way up the chain of command to top government officials who authorize it. Obama himself said in April that he’s “a strong believer that it’s important to look forward and not backwards, and to remind ourselves that we do have very real security threats out there.” At the same time he also said that “nobody is above the law, and if there are clear instances of wrongdoing, that people should be prosecuted just like any ordinary citizen.” The law allows no exceptions.

Link to entire article below…

Written by Steven John Hibbs

June 18, 2009 at 2:55 pm

Posted in War Crimes

These Are Obama’s Wars Now – (We Must Stop The Madness)

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Joshua Frank / Anti War – June 18, 2009

On Monday the Democrat controlled House voted 226-202 to approve a rushed $106 billion dollar war spending bill, guaranteeing more carnage in Iraq and Afghanistan (and lately Pakistan) until September 30, 2009, which marks the end of the budget year. The Senate voted overwhelmingly in favor of the bill’s first draft last month, with the final vote on a compromised version to occur in the Senate sometime in the next couple of weeks. 

The majority of opposition in the House came from Republicans who opposed an add-on to the bill that would open up a $5 billion International Monetary Fund line of credit for developing countries. This opposition in the House led Senate Majority Leader Harry Reid on Tuesday to quip, “It’ll be interesting to see what happens here. Are my Republican colleagues [in the Senate] going to join with us to fund the troops? I hope so.” 

No longer can the blame for the turmoil in Iraq and Afghanistan rest at the feet of George W. Bush alone. This is now Obama’s War on Terror, fully funded and operated by the Democratic Party.  

The bill that passed the House on Monday, once approved by the Senate, will not be part of the regular defense budget as it’s off the books entirely. Following the attacks on September 11, 2001, Congress has passed similar emergency spending bills to finance US military ventures in the Middle East. The combined “supplementals” are fast approaching $1 trillion, with 30% going to fund the war in Afghanistan.

In addition to the latest increase in war funds, Obama is also asking for an additional $130 billion to be added on to the defense budget for the new fiscal year starting on October 1. The president is upholding his campaign promise to escalate the war in Afghanistan, which also means increasing the use of remote controlled drone planes in neighboring Pakistan that are to blame for hundreds of civilian deaths since Obama took office last January. 

Despite Obama’s historic (albeit rhetoric filled) speech in Cairo, the new Commander in Chief is still not about to radically change, let alone reform, the US’s long-standing role in the Middle East. A master of his craft, Obama is simply candy coating the delivery of US imperialism in the region.  Given the lack of opposition to Obama’s policies back home, it is becoming clear that he may well be more dangerous than his predecessor when it comes to the US’s motivations internationally.

Link to entire article below…

Written by Steven John Hibbs

June 18, 2009 at 2:29 pm

Posted in Geo-Politics, War

Inventory Uncovers 9,200 More Pathogens Missing At Ft. Detrick

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Nelson Hernandez / The Washington Post – June 18, 2009

An inventory of potentially deadly pathogens at Fort Detrick’s infectious disease laboratory found more than 9,000 vials that had not been accounted for, Army officials said yesterday, raising concerns that officials wouldn’t know whether dangerous toxins were missing.

After four months of searching about 335 freezers and refrigerators at the U.S. Army Medical Research Institute of Infectious Diseases in Frederick, investigators found 9,220 samples that hadn’t been included in a database of about 66,000 items listed as of February, said Col. Mark Kortepeter, the institute’s deputy commander.

The vials contained some dangerous pathogens, among them the Ebola virus, anthrax bacteria and botulinum toxin, and less lethal agents such as Venezuelan equine encephalitis virus and the bacterium that causes tularemia. Most of them, forgotten inside freezer drawers, hadn’t been used in years or even decades. Officials said some serum samples from hemorrhagic fever patients dated to the Korean War.

Kortepeter likened the inventory to cleaning out the attic and said he knew of no plans for an investigation into how the vials had been left out of the database. “The vast majority of these samples were working stock that were accumulated over decades,” he said, left there by scientists who had retired or left the institute. “I can’t say that nothing did [leave the lab], but I can say that we think it’s extremely unlikely,” Kortepeter said.

Still, the overstock and the previous inaccuracy of the database raised the possibility that someone could have taken a sample outside the lab with no way for officials to know something was missing.

“Nine thousand, two hundred undocumented samples is an extraordinarily serious breach,” said Richard H. Ebright, a professor at Rutgers University who follows biosecurity. “A small number would be a concern; 9,200 . . . at an institution that has been the focus of intense scrutiny on this issue, that’s deeply worrisome. Unacceptable.”

The institute has been under pressure to tighten security in the wake of the 2001 anthrax attacks, which killed five people and sickened 17. FBI investigators say they think the anthrax strain used in the attacks originated at the Army lab, and its prime suspect, Bruce E. Ivins, researched anthrax there. Ivins committed suicide last year during an investigation into his activities.

Link to entire article below…

Written by Steven John Hibbs

June 18, 2009 at 1:57 pm

Posted in Bio-Chem Warfare