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Archive for October 17th, 2009

United States Home Foreclosures Suffer The Worst Three Months Ever

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Les Christie / CNN Money – October 15, 2009

Despite concerted government-led and lender-supported efforts to prevent foreclosures, the number of filings hit a record high in the third quarter, according to a report issued Thursday.

“They were the worst three months of all time,” said Rick Sharga, spokesman for RealtyTrac, an online marketer of foreclosed homes.

During that time, 937,840 homes received a foreclosure letter — whether a default notice, auction notice or bank repossession, the RealtyTrac report said. That means one in every 136 U.S. homes were in foreclosure, which is a 5% increase from the second quarter and a 23% jump over the third quarter of 2008.

Nevada continued to be the worst-hit state with one filing for every 23 households. But even tranquil Vermont, where the foreclosure crisis has barely brushed the housing market, saw foreclosure filings jump nearly 170% compared with the third quarter of 2008. Still, that resulted in just one filing for every 5,023 households in the state — the best record in the country.

The RealtyTrac report also unveiled the results for September, and it found that there was slight relief from foreclosure filings. Last month, notices totaled 343,638, down 4% compared with August. Unfortunately, that total accounts for 87,821 homes that were repossessed by lenders.

That deluge contributed significantly to the quarter’s record 237,052 repossessions, a 21% jump from the previous three months. So far this year lenders have taken back 623,852 homes.

Link to entire article below…

http://www.sott.net/articles/show/195013-US-Foreclosures-Worst-three-months-of-all-time

Globalists Pressure Obama To Increase Troop Number In Afghanistan

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Kurt Nimmo / Infowars – October 16, 2009

When it comes to escalating the brutal occupation of Afghanistan, Obama is no different than his predecessor and his warmongering neocon advisers. Last month Obama said he had not made an “immediate decision” on pouring troops into the country. And then word came down from the Pentagon indicating General McChrystal wants to escalate the conflict in a big way.

McChrystal’s heavily redacted assessment of the war, submitted to Def. Sec. Gates weeks ago, warned that if he didn’t get a significant number of additional boots on the ground within the next 12 months the war would be lost. Last Friday McChrystal’s numbers were tweaked and revised upward to more than 60,000, according to the Wall Street Journal.

If the Pentagon gets its way the number of troops in Afghanistan will have tripled over the nine month period since Obama assumed office.

Obama’s other option was put forward by Joe Biden. Under Biden’s plan, the troop presence in Afghanistan will be rolled back and the U.S. will concentrate on going after the now perennial boogeyman, al-Qaeda. “Rather than trying to protect the Afghan population from the Taliban, American forces would concentrate on strikes against Qaeda cells, primarily in Pakistan, using special forces, Predator missile attacks and other surgical tactics,” The New York Times reported on September 22.

In fact, the Afghan population is not primarily concerned with attacks by the Taliban. Most are worried about attacks by the United States and NATO. Thousands of Afghan civilians have died as a result of U.S. and NATO bombing campaigns. For the first half of 2009, the  UN Assistance Mission in Afghanistan recorded 1,013 Afghan civilian deaths for the six months from January 1st to June 30. This represents an increase of 24% over the same period in 2008, when 818 civilians were killed. In 2007, 684 civilians were killed in the same period. In September 2009, the U.N. reported that August had been the deadliest month of 2009 to date for Afghan civilians.  Various estimates put the number of civilians killed at between 12 and 32 thousand. Obviously, these numbers will increase exponentially if McChrystal adds more troops.

Al Jazeera

According to the Pentagon and the cheer-leading corporate media, mass murder is the only way to achieve “victory” in Afghanistan. Even the so-called liberal media is calling for an escalation and an increase in dead babies. “But here is the thing folks, the President has no real choice but to accede to McChrystal’s request and soon,” writes Sophia A. Nelson for The Huffington Post, “because if he does not the Taliban and Al Qaeda have proven that they are willing to out maneuver, outlast, and outfight our troops on the ground and do so by engaging in bloody battles that leave our soldiers either dead or wounded…. So what is the bottom line? The bottom line is that The President of the United States made painstakingly clear during the 2008 Campaign and subsequently that the real war on Terror needed to be waged in Afghanistan.”

Democrats and liberals deluded themselves into thinking if they voted for Obama he would bring the troops home, even as he promised to increase the conflict in Afghanistan, as Nelson notes.

Even Ray McGovern, the former CIA analyst that can hardly be categorized as a liberal, bought into the prospect of peace after Obama was elected. “I was wrong,” wrote McGovern. “I kept thinking to myself that when he got briefed on the history of Afghanistan and the oft-proven ability of Afghan ‘militants’ to drive out foreign invaders — from Alexander the Great, to the Persians, the Mongolians, Indians, British, Russians — he would be sure to understand why they call mountainous Afghanistan the ‘graveyard of empires.’”

Link to entire article below…

http://www.infowars.com/order-of-magnitude-globalists-want-obama-to-increase-troop-numbers-in-afghanistan/