Federal Reserve launches QE3 – CNNMoney

16 Sep
English: A frame from a screencast from the US...

English: A frame from a screencast from the US House Financial Committee full committee hearing “An Examination of the Extraordinary Efforts by the Federal Reserve Bank to Provide Liquidity in the Current Financial Crisis which took place Tuesday, February 10, 2009, 1:00pm, 2128 Rayburn House Office Building. The frame shows Chairmen Ben Bernanke responding to a question posited by John E. Sweeney Full Committee (Photo credit: Wikipedia)

Bernanke’s QE3 Announcement in 90 seconds (CNN video)

From CNNMoney

“NEW YORK (CNNMoney) — The Federal Reserve announced plans to unleash more stimulus Thursday, in its third attempt at a controversial program to rev up the U.S. economy.

“The policy, known as quantitative easing and often abbreviated as QE3, entails buying $40 billion in mortgage-backed securities each month. The end date remains up in the air, as the Fed will re-evaluate the strength of the economy in coming months.

“The Fed is wasting no time. The purchases begin Friday and are expected to add up to only $23 billion for the remainder of September.

“The bond-buying policy “should put downward pressure on longer-term interest rates, support mortgage markets, and help to make broader financial conditions more accommodative,” the Fed’s official statement said.

“Meanwhile, the Fed will continue its existing policy known as Operation Twist. Together the two programs will add $85 billion in long-term bonds to the Fed’s balance sheet each month.

“In addition, the Fed also indicated that it plans to keep short-term interest rates at “exceptionally low levels” until mid-2015. Previously, the Fed had forecast rates would remain low until late 2014.

“The central bank’s main objective is to lower interest rates and mortgage rates in particular. By keeping rates low, the Fed hopes to fuel more spending and eventually, more hiring.

“Related: QE3 won’t create jobs

“The Fed has been trying to stimulate the economy for over three years now, and has exhausted its usual tool by keeping interest rates near zero since late 2008. Quantitative easing is an unconventional way of trying to lower rates further.

“But given that the unemployment rate has remained above 8%, the Fed is still not satisfied.

“The weak job market should concern every American. It imposes hardship on people and a waste of human skills and talents,” Fed Chairman Ben Bernanke said in a press conference later Thursday.”

Read more at CNNMoney

WATCH LIVE on RT: Violence sweeps Cairo as clashes erupt outside US embassy

13 Sep

http://rt.com/on-air/cairo-clashes-us-embassy/

Breaking NEWS LIVE on RT: Violence sweeps Cairo as clashes erupt outside US embassy

News That Proves We’re Screwed – The Fall of The Republic UPDATED

30 Aug

The corrupt shadow government is unveiled a little more each week.

Two Cheers for Syrian Islamists (ForeignPolicy.com)

It is not a secret that the U.S. government is funding Syrian rebels, who include members of Al Qaeda, but this may be the first time they have openly called for “two cheers” in praise of the radical Islamic Jihadists fighting against the Assad regime. I find it odd that the title is so complimentary, yet in the article it specifically says, “Of course, Syrian Islamists are no friends of the United States–merely the enemies of one of its enemies.” This is like smiling while delivering horrible news of betrayal. When I read that, I got this picture in my head of a woman smiling as she says to her friend “Let’s go celebrate your marriage with ice cream! Of course, your husband is cheating on you.” Backwards is forwards, up is down, wrong is right, logic is insanity.

deceptology.com

Syrian Rebels Fly Al Qaeda Flag – video (youtube)

Syria: TV station attacked, 7 staffers killed (Associated Press)

Bill Gross: “Normal” Economic Growth Impossible Now (moneymorning.com)

“Legendary market maven Bill Gross, the so-called “King of Bonds,” said investors will flat-out lose money if they continue employing the “buy and hold” strategies of the past.

“In his August Investment Outlook, Gross told investors that “financial repression, QEs of all sorts and sizes” and low interest rates will “dominate the timescape” for decades, maybe longer.

Investors must adjust to the new world order to avoid being the loser in this zero-growth environment, Gross warned.

“Ultimately, Gross said, the stock market’s historical, inflation-adjusted 6.6% annual growth rate is unsustainable.

“Gross, of course, is a bond man.

“In March, he launched an ETF version of his popular Pimco Total Return Fund (PTTRX) – the world’s biggest mutual fund, with more than $260 billion in assets. The Pimco Total Return ETF (NYSE: BOND) quickly attracted $2.1 billion in total deposits and has outpaced the S&P 500 by more than 5% so far.

“But even bonds – both government-backed and corporate – can’t escape the realities of a no-growth economy.

According to global economic trend forecaster Chris Martenson, a former VP of a Fortune 300 company, the historical growth rates investors have come to expect – in every asset class – are no longer mathematically possible.

“Right now, there are dangerous economic constraints,” he said, “mainly created by failed government policies, which show exponential growth in our markets is impossible.”

Exclusive: U.S. banks told to make plans for preventing collapse | Reuters (chicagotribune.com)

(Reuters) – U.S. regulators directed five of the country’s biggest banks, including Bank of America Corp and Goldman Sachs Group Inc, to develop plans for staving off collapse if they faced serious problems, emphasizing that the banks could not count on government help.

The two-year-old program, which has been largely secret until now, is in addition to the “living wills” the banks crafted to help regulators dismantle them if they actually do fail. It shows how hard regulators are working to ensure that banks have plans for worst-case scenarios and can act rationally in times of distress.

Brandon J. Raub, Former Marine, Detained After Anti-Government Facebook Postings (Huffington Post)

Marine Veteran Brandon Raub Sentenced To Up To 30 Days In Psych Ward Over Facebook Posts (businessinsider.com)

Excerpt:

“Lawyers from The Rutherford Institute represented Brandon Raub during the three-hour hearing today at the John Randolph Medical Center and released a statement, saying Raub has been ordered to “up to 30 days’ further confinement in a VA psych ward” after “government officials againpointed to Raub’s Facebook posts as the sole reason for their concern and for his continued incarceration.”

“According to Raub’s mother, authorities from the FBI, Secret Service and Chesterfield County PD came to their door on Thursday evening, questioned Raub about his Facebook posts, then handcuffed him and placed him in a Chesterfield PD squad car before taking him to John Randolph Psychiatric Hospital in Hopewell, Va.”

“Both the FBI and Secret Service said Raub was not arrested or charged, but the Rutherford Institute statement points out that ”if the police have put handcuffs on you and you’re being held against your will, that qualifies as an arrest.”

Veteran Marine Taken By FBI For Anti- Government FaceBook Posts

Nurse who treated Colorado theater shooting victims drowns; Was the shooting a false flag?

27 Aug

Fox News reports that a nurse who helped treat the victims in the Aurora, Colorado theater shooting drowned while vacationing in Iowa. When someone connected to a possible false flag attack goes swimming one night while on vacation and is found dead the next morning, it is a good idea to take note and put it in the “Just for the Record” folder. But that’s not all that is interesting about nurse Jennifer Gallagher, age forty six. She treated one of the shooting victims in the neurological intensive unit, which she helped open. She was also one of the hospital staff members who met with Obama when he visited Aurora after the massacre on July 20th. Again, at this time none of this means anything more than exactly what is said, but there is no harm in book marking this nugget of information.

Why is the Aurora theater shooting a possible false flag? See the links and videos below.

This is not the countenance I’d expect of a cold-blooded, calculating criminal. AP

Miller: Aurora shooter must have practiced  (cbsnews.com)

(CBS News) The well-armed shooter in the Aurora movie theater massacre had a hit ratio twice what a police officer might achieve engaging with armed assailants in a street setting.

That suggests, says CBS News senior correspondent John Miller, that the suspect – who is believed to have planned his assault with precision –  practiced shooting prior to the attack on the theater audience last Friday.

James Holmes, who made his first court appearance Monday, will face charges in the deaths of 12 people at the Century 16 theater. Fifty-eight others were also injured in the spree, most by gunfire.

James Holmes “not talking” ahead of first court appearance

Continue reading 

Harvard Study Finds Fluoride Lowers IQ – Published in Federal Gov’t Journal | Reuters

24 Aug

Tue Jul 24, 2012 8:45am EDT

PR Newswire

NEW YORK, July 24, 2012

NEW YORK, July 24, 2012 /PRNewswire-USNewswire/ — Harvard University researchers’ review of fluoride/brain studies concludes “our results support the possibility of adverse effects of fluoride exposures on children’s neurodevelopment.” It was published online July 20 in Environmental Health Perspectives, a US National Institute of Environmental Health Sciences‘ journal (1), reports the NYS Coalition Opposed to Fluoridation, Inc. (NYSCOF)

“The children in high fluoride areas had significantly lower IQ than those who lived in low fluoride areas,” write Choi et al.

Further, the EPA says fluoride is a chemical “with substantial evidence of developmental neurotoxicity.”

Fluoride (fluosilicic acid) is added to US water supplies at approximately 1 part per million attempting to reduce tooth decay.

Water was the only fluoride source in the studies reviewed and was based on high water fluoride levels. However, they point out research by Ding (2011) suggested that low water fluoride levels had significant negative associations with children’s intelligence.

Choi et al. write, “Although fluoride may cause neurotoxicity in animal models and acute fluoride poisoning causes neurotoxicity in adults, very little is known of its effects on children’s neurodevelopment. They recommend more brain/fluoride research on children and at individual-level doses.

“It’s senseless to keep subjecting our children to this ongoing fluoridation experiment to satisfy the political agenda of special-interest groups,” says attorney Paul Beeber, NYSCOF President.  “Even if fluoridation reduced cavities, is tooth health more important than brain health? It’s time to put politics aside and stop artificial fluoridation everywhere,” says Beeber.

After reviewing fluoride toxicological data, the NRC reported in 2006, “It’s apparent that fluorides have the ability to interfere with the functions of the brain.”

Choi’s team writes, “Fluoride readily crosses the placenta. Fluoride exposure to the developing brain, which is much more susceptible to injury caused by toxicants than is the mature brain, may possibly lead to damage of a permanent nature.”

Read more here

Naval Station Guantanamo Bay Prepares for Tropical Storm Isaac | Navy.mil

24 Aug

Naval Station Guantanamo Bay Prepares for Tropical Storm Isaac

Story Number: NNS120823-20        Release Date: 8/23/2012 4:39:00 PM

English: GUANTANAMO BAY, Cuba (June 12, 2010) ...

English: GUANTANAMO BAY, Cuba (June 12, 2010) Capt. Steven Blaisdell, commanding officer of Naval Station Guantanamo Bay, Cuba, speaks at the 112th Philippine Independence Day Celebration at the Lyceum at Naval Station Guantanamo Bay, Cuba. Approximately 1,500 Filipinos work as contractors at the base. (U.S. Navy photo by Mass Communication Specialist 3rd Class Jesse Sharpe/Released) (Photo credit: Wikipedia)

 

By Mass Communication Specialist 2nd Class (SW/AW) Justin Ailes Naval Station Guantanamo Bay, Cuba Public Affairs

GUANTANAMO BAY, Cuba (NNS) — Base officials at Naval Station (NS) Guantanamo Bay, Cuba set Condition of Readiness (COR) level 3 in preparation for tropical storm Isaac, Aug. 23.

COR conditions 5-1 notify base residents and EOC personnel on proper preparatory actions required to properly secure the installation.

COR 3 is set when destructive winds sustain greater than 50 knots and are anticipated to reach the installation within 48 hours.

According to NS Guantanamo Bay, Cuba Commanding Officer Capt. J.R. Nettleton, as the storm pushes rain and heavy winds toward the installation, preparations on the island include closing the hangars, securing buildings, moving people who are at risk into sturdier buildings, and hauling boats out of the water.

“Making the choice to be prepared is one I’m always going to make, because it’s about lives,” said Nettleton.

Continue reading 

At least 19 wounded in overnight shootings | Fox News

24 Aug
CHICAGO (FOX Chicago News) -

CAUGHT IN THE CROSSFIRE: At least 19 people were wounded in shootings on the South and Southwest Sides from Thursday evening through early Friday.

Eight people were wounded in the most violent of the shooting of the night, a drive-by that occurred about 9:13 p.m. near the intersection of 79th Street and Kingston Avenue in the South Shore neighborhood, police said.

Seven males were shot, ranging in age from 14 to 28, and a 19-year-old woman also was wounded in the shooting, police said. The 28-year-old was listed in critical condition, but police said none of the wounded suffered life-threatening injuries.

At least 11 others were wounded in shootings on the South and Southwest Sides between 5:15 p.m. Thursday and 1:45 a.m. Friday.

Police have made no arrests in the shootings, which were being investigated by area detectives.

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