Wednesday, June 17, 2009

Cash to Become Extinct as Microchips Take Off

Cash is accelerating down the path to extinction as new technologies threaten to mark the end of loose change within a decade.

Bank and credit union bosses say cash won't be alone, with wallets and credit cards also likely to disappear too.

They told The Advertiser's round table forum that cash and cards will be replaced by computer chips embedded in mobile phones, watches or other portable devices.

Australian Central chief executive Peter Evers believes cash will be replaced for most transactions in five-to-seven years.

"Cash will disappear as there will be other forms of carrying cash, stored value in your phone or whatever it might be. It will transfer automatically," he said.

"We're very close in countries around the world. If you go in to Hong Kong or Singapore, the low-value transactions have already disappeared. You can't go anywhere, like on public transport, without pre-purchasing a card.

Dutch Supermarkets Set to Refuse Cash

Dutch supermarkets are hoping to phase out the use of cash by 2014, the Financieele Dagblad reports on Thursday, quoting the retail board CBL.

The aim of the ban on cash is to make supermarkets less vulnerable to armed robberies, the paper says.

According to CBL research, 87% of customers support moves to stimulate the use of direct debit cards.

The Telegraaf reports that €10bn of supermarket total turnover of over €30bn last year was in cash. Supermarkets had to deal with 200 'incidents', ranging from a grab at the cash register to armed robbery, the paper said.

Other solutions will be found for customers who do not want to use direct debit cards, a CBL spokesman said. 'Technology is making enormous advances. Trials are also being done with payment by mobile phone, but you can also pay with a finger print or iris scan,' the spokesman said.

The Dutch consumers association said the move was 'going too far'.




Monday, June 15, 2009

Prince Harry- "Who's My Father?"


A long time employee of Princess Diana has revealed that the Royal Family was involved in a massive cover-up to hide the fact that Diana's ex-lover James Hewitt is Harry's real father. Its been alleged that Hewitt was threatened by prince Charle's if he didn't go along with the cover up.

Prince Philip told Hewitt he would destroy him if it ever leaked out. It’s impossible that Charles is Harry’s real father. Hewitt was on the scene as Diana’s lover two years before Harry was born and furthermore Harry looks exactly like Hewitt.

The massive coverup involved Hewitt lying to the world about when his dalliance actually began with Diana. Originally he told the world he met Diana in 1986. Harry was born in 1984. Under hypnosis for a tv interview Hewitt admitted he met Diana in 1981 or 1982.

If this is to be true, it will be the biggest lie in Britain since Neville Chamberlain assured the world some seven decades ago that Britain and Germany would never go to war and perhaps one of these days you might find Hewitt's body hanging mysteriously in on of the hotel rooms.

Scotland Yard Officers Are Suspecting Of Defrauding Taxpayers Of Millions.



More than 300 elite Scotland Yard detectives are suspected of defrauding the taxpayer of millions of pounds by abusing their corporate credit cards.

Auditors who have examined the American Express accounts of 3,500 officers involved in countering terrorism and organised Crime have reported almost one in 11 detectives to the Metropolitan Police's internal investigators.

A senior officer appears to have spent £40,000 on his Amex card in one year, without authorisation. Items bought by others without permission include suits, women's clothing and fishing rods.

The scale of the suspected fraud, disclosed in an internal Metropolitan Police Authority report, will send shock waves through the force. Until now, the investigation into expenses fraud was thought to have focused on fewer than 40 officers. It comes days after Sir Paul Stephenson, the Met Commissioner, faced the potentially damaging disclosure that six officers face investigation over claims that a drug suspect's head was forced into a lavatory that was flushed repeatedly.



Saturday, June 6, 2009

Prison- House Full, burn the Robbers; says Gunea crime chief.


Guinean citizens should burn any armed robbers they catch to avoid filling already crowded Guinean prisons, the anti-crime chief of the military junta urged its citizens.

"I am asking you to burn all armed bandits who are caught red-handed committing an armed robbery. The prisons are full and cannot take more people, and the situation cannot continue like that", said captain Moussa Tiegboro Camara, appointed by the military junta to fight against drugs and serious crime.

Lawlessness increased manifolds in the largest bauxite exporter after long standing president Lasana Conte died, with soldiers accused of being among the main culprits of robberies and rapes.

Wednesday, June 3, 2009

Grand Theft Auto- From General Motors to Government Motors


On June 1 2009 General Motors filed for bankruptcy, forcing the 100 year old automaker once seen as a symbol of American economic might and dynamism into a new and uncertain era of government ownership.

When a company goes bankrupt, everyone takes a hit: fair or not, workers lose some contract wages, stockholders get wiped out and creditors get fragments of what's left. That's the law. What workers don't lose are their pensions (including old-age health funds) already taken from their wages and held in their name.

But this time I smell a rat!!

Steven Rattner (Barack Obama’s Car Czar- the man who essentially ordered GM into bankruptcy) has a different plan for GM: grab the pension funds to pay off Morgan and Citi.

While workers are losing their retirement health benefits, their jobs, their life savings; while shareholders are getting zilch and many creditors getting hosed, a few privileged GM-lenders led by Jamie Dimon’s (Class A director of the Board of Directors of the New York Federal Reserve, a three year term which started January 2007 and CEO JP Morgan Chase) JP Morgan and Pandit’s Citibank expect to get back 100% of their loans to GM, a stunning $6 billion.

Monday, June 1, 2009

List of Bankruptcies in May'09

The number of bankruptcies has increased relative to April. In May a total of 10 major bankruptcies took place which is 2 less than the annual average of 12 so far. But it has more than doubled since April, which is a startling a fact and a challenge to the recovery rhetoric. Now the total figure stands at 58 bankruptcies since Jan’09. Now the average stands at 11.6.

List of bankruptcies in May’09

1. Central Park Media (USA)

2. Filene’s Basement (USA)

3. Firedog (USA)

4. Joe’s Sports, Outdoor and More (USA)

5. Journal Register Company (USA)

6. KB Toys (USA)

7. Peanut Corporation of America (USA)

8. SETA Corporation (JPN)

9. Steve & Barry’s (USA)

10. Visteon (USA)

Thursday, May 28, 2009

USA - North Korea Connection


Amidst the cacophony of condemnation from all sides following North Korea’s second nuclear bomb test, there has been no mention whatsoever of how the secretive Stalinist state got its weapons in the first place - they were paid for by the U.S. government.

Both the Clinton and Bush administrations played a key role in helping Kim Jong-Il develop North Korea’s nuclear prowess from the mid 1990’s onwards.

The hypocrisy being spewed forth from all sides in reaction to the news that North Korea tested an underground nuclear device equivalent to 10 times the power of their first test in October 2006 is akin to when the U.S. cited Iraq’s possession of chemical and biological weapons as a reason to invade Iraq in 2003, having first checked the receipt of course, since it was Donald Rumsfeld who brokered the deal to supply Saddam with those weapons in the first place.

Rumsfeld was also the man who presided over a $200 million dollar contract to deliver equipment and services to build two light water reactor stations in North Korea in January 2000 when he was an executive director of ABB (Asea Brown Boveri).

Rumsfeld was merely picking up the baton from the Clinton administration, who in 1994 agreed to replace North Korea’s domestically built nuclear reactors with light water nuclear reactors. So-called government-funded ‘experts’ claimed that light water reactors (LWR's) couldn’t be used to make bombs. Not so according to Henry Sokolski, head of the Non-proliferation Policy Education Centre in Washington, who stated, “LWRs could be used to produce dozens of bombs’ worth of weapons-grade plutonium in both North Korea and Iran. This is true of all LWRs — a depressing fact U.S. policymakers have managed to block out.”

The U.S. State Department claimed that the light water reactors could not be used to produce bomb grade material and yet in 2002 urged Russia to end its nuclear co-operation with Iran for the reason that it didn’t want Iran armed with weapons of mass destruction. At the time, Russia was building light water reactors in Iran. According to the State Department, light water reactors in Iran can produce nuclear material but somehow the same rule doesn’t apply in North Korea.

In April 2002, the Bush administration announced that it would release $95 million of American taxpayer’s dollars to begin construction of the ‘harmless’ light water reactors in North Korea. Bush argued that arming the megalomaniac dictator Kim Jong-Il with the potential to produce a hundred nukes a year was, “vital to the national security interests of the United States.” Bush released even more money in January 2003, as was reported by Bloomberg News.

Bush released the funds despite the startling revelation, reported by South Korean newspapers, that a North Korean missile warhead had been found in Alaska.

Construction of the reactors was eventually suspended, but North Korea had an alternative source through which they could obtain the nuclear secrets vital to building an atom bomb arsenal - CIA asset and international arms smuggler AQ Khan.

In 2004, Dr. Abdul Qadeer Khan, the father of Pakistan’s atom bomb program, admitted sharing nuclear technology via a worldwide smuggling network that included facilities in Malaysia that manufactured key parts for centrifuges.

Khan’s collaborator Tahir ran a front company out of Dubai that shipped centrifuge components to North Korea.

Despite Dutch authorities being deeply suspicious of Khan’s activities as far back as 1975, the CIA prevented them from arresting him on two occasions.

“The man was followed for almost ten years and obviously he was a serious problem. But again I was told that the secret services could handle it more effectively,” former Dutch Prime Minister Ruud Lubbers said. “The Hague did not have the final say in the matter. Washington did.”

Lubbers stated that Khan was allowed to slip in and out of the Netherlands with the blessing of the CIA, eventually allowing him to become the “primary salesman of an extensive international network for the proliferation of nuclear technology and know-how,” according to George W. Bush himself, and sell nuclear secrets that allowed North Korea to build nuclear bombs.

“Lubbers suspects that Washington allowed Khan’s activities because Pakistan was a key ally in the fight against the Soviets,” reports CFP. “At the time, the US government funded and armed mujahideen such as Osama bin Laden. They were trained by Pakistani intelligence to fight Soviet troops in Afghanistan. Anwar Iqbal, Washington correspondent for the Pakistani newspaper Dawn, told ISN Security Watch that Lubbers’ assertions may be correct. “This was part of a long-term foolish strategy. The US knew Pakistan was developing nuclear weapons but couldn’t care less because it was not going to be used against them. It was a deterrent against India and possibly the Soviets.”

In September 2005 it emerged that the Amsterdam court which sentenced Khan to four years imprisonment in 1983 had lost the legal files pertaining to the case. The court’s vice-president, Judge Anita Leeser, accused the CIA of stealing the files. “Something is not right, we just don’t lose things like that,” she told Dutch news show NOVA. “I find it bewildering that people lose files with a political goal, especially if it is on request of the CIA. It is unheard of.”

In 2005, Pakistani President Pervez Musharaf acknowledged that Khan had provided centrifuges and their designs to North Korea.

With this history in mind, the shock, condemnation and indignation being expressed by the U.S. government in response to North Korea’s second nuclear bomb test is tinged with hypocrisy to say the least. Through their policies in aiding North Korea to build light water reactors, and via the CIA asset AQ Khan who was protected at every step of the way while he helped provide North Korea with the means to build a nuclear arsenal, the U.S. government itself is directly complicit in providing North Korean dictator Kim Jong-Il with the nuclear weapons that they are now condemning him for testing.

North Korea is controlled by a hereditary Stalinist dictatorship that has starved two million of its citizens to death in favor of building a million-man army. Some people put the figure at four million, one-quarter of the population. In the far north of the country there is a network of forced labor gulags where people who have ‘expressed a bland political opinion’ are, along with their entire families, tortured, raped and executed. Horrific bio-chemical experiments are performed on mass numbers of people. Babies are delivered and then stamped to death by the camp guards. If the mother screams while the guards are stamping on the baby’s neck, she is immediately assassinated by a firing squad. These guards are rewarded with bonuses and promotions for ripping out prisoners’ eyeballs.

The North Korean people are enslaved by a government that is using food as a weapon. Perhaps this is why the EU and the United States, via the UN World Food Program, resumed the shipment of hundreds of thousands of tons in food aid at the end of February 2003. This goes directly to the sitting dictatorship, which then decides who gets it by their level of allegiance to the state. Food aid only increases the power of Kim Jong-Il and yet it is veiled by the UN in bleeding heart humanitarian rhetoric. The money goes straight to enabling the North Korean leadership to live in the lap of westernized luxury with casinos and lavish new cars.

President Bush publicly claimed to loathe Kim Jong-Il and yet his administration, like Bill Clinton before him, set the policy to help North Korea obtain nuclear expertise. The U.S. intelligence network also protected AQ Khan and allowed him to provide the means with which North Korea aqcuired their nuclear capability.

Now the corporate media, along with Obama, the UN, Israel and others, are expressing their grave condemnation that North Korea is testing the very same nuclear weapons technology that was initially bankrolled by the U.S. government itself. Sanctions are already in the pipeline and others are even talking of military confrontation, which could ultimately lead to a conflict with China, North Korea’s close neighbor and ally.

Friday, May 1, 2009

When Swine flu!!!


Are globalist fear-mongers driving the media to panic the public into universal healthcare solutions? Or federally-mandated vaccinations?

By definition, a "pandemic" is an epidemic that is geographically widespread. Fear-mongers are always careful to add the innuendo that millions of people could and probably will die, as in the Spanish Flu pandemic of 1918 that killed between 20 and 100 million people worldwide.

Excuse me, but how does the death of even a few hundred equate to 20 million?

Mexico, not the usual Southeast Asia, is the origin of the latest flu outbreak. It has spread in limited numbers to several continents. Almost all of the deaths, limited as they are, are in Mexico. The ratio of deaths to infections is very small.

Again, how does this outbreak even remotely qualify as a pandemic? Answer: It does not!

Scientists and virus researchers are baffled because the genetic makeup of the virus contains elements of human, swine and bird flu from three geographic regions: North America, Europe and Asia. Until now, this has been unknown in nature, but not theoretically impossible.

Because of its unique genetic makeup, this writer proposes calling it the "flying pig flu", or FPF, instead.

This writer is hardly qualified to write with authority about the scientific side of viruses. However, after reading several authoritative papers on swine and avian flu, several observations can be made.

In the world of virus experts, there are two types of researchers: Observers and Experimenters.

Observers

Most researchers are highly trained scientific observers. These "Sherlock Holmes" scientists examine the pathology of virus development. Where did it originate? What animals or human were involved? Did the infected humans handle animals? Are certain strains limited to geography? You get the idea.

Without good observers, we would know little about the source or spread of different viral strains.

There are several good Internet resources where the findings of research observers are published.

We should be thankful for astute observers who can untangle mysteries that would otherwise not be understood.

Experimenters

A minority of researchers are experimenters. This group is worrisome.

Experimenters establish their playground in trying to create different types of viruses in order to measure their effect on test animals.

Such was the case at Baxter AG, when such an experiment was "accidentally" released as a live virus in a vaccine distributed to 18 countries. In this case, the live H5N1 virus (avian flu) was combined with the much more contagious (human) H3N2 virus.

Experts say that it is almost impossible for Baxter to make such a grievous error by accident. Czech newspapers, where the story was originally broken, suggest it was a rogue employee or a mole that purposely mixed the virus' together, but nothing has been proven as yet. Baxter is now under great suspicion that it is attempting to foment a pandemic that would bring hundreds of millions of dollars in revenue to supply its normal H5N1 vaccine.

Another example is the Center for Disease Control in Atlanta, Georgia. In a 2004 report, CDC to mix avian, human flu viruses in pandemic study, it was noted that,

"The Centers for Disease Control and Prevention (CDC) will soon launch experiments designed to combine the H5N1 virus and human flu viruses and then see how the resulting hybrids affect animals. The goal is to assess the chances that such a "reassortant" virus will emerge and how dangerous it might be."

Critics worried that such a "franken-virus" could itself cause a pandemic if it escaped from its creators. The CDC's only response is that their facilities were more secure than others who had experienced breaches of some sort in years past.

Why would the CDC risk world exposure to an artificially created virus? According to the above report, it was done in the name of preparedness.

As mentioned above, experimenters are a worrisome lot. Real world experience indicates that they are generally overconfident in their scientific prowess and in their abilities to contain the unpredictable fruit of their experiments.

Conclusion

There are some big problems with the current outbreak of flying pig flu. If there has been foul play, it may never be brought to light. Still, tough questions need to be asked:

  • While it is not unknown for pigs to become infected with the H5N1 virus, the result has always been a less-lethal and less-contagious virus than avian flu by itself. Why is this epidemic so obviously contagious?
  • How would genetic code from three continents find its way into a single strain in Mexico City?
  • Is this virus an escaped experiment from a project gone awry?
  • If man-made and not accidentally released, then who released it, and why?

As we contemplate these questions, watch the stock prices of major pharma companies skyrocket as they gear up to sell billions in vaccines. Watch governments as they declare mandatory vaccination programs. Watch the Obama administration as it railroads universal healthcare through Congress.

Indeed, flying pig flu may be just the right name for whatever is responsible for this particular flu outbreak.

In the meantime, we can reopen this case when pigs fly or when 10 million or so people have died, whichever comes first.

List of Business Failures in April 2009.

April has been a good year for the financial system, Dow climbing by 7 % and with just 5 major bankruptcies. Now we have a total of 48 major bankruptcies in the first 4 months. Bring down the average by 2.33 to 12 bankruptcies in a month for the year.

List of Bankruptcies -

1. Abitibi Bowater (CAN)
2. Darlington Football Club (UK)
3. General Growth Properties (USA)
4. LDV Group Limited (UK)
5. Chrysler (USA)