Crocodile's Lament

Flying by the seat of my pants

Posts filed under America’s slide

Benghazigate: General: Delta Force Could Have Gone In…

 

Another part of the Benghazi story has also come under fire: the claim that no military rescuers were sent in because there wasn’t time to get them there . . .

On my Fox News show Saturday, I interviewed retired Lt. General William Boykin, the former commander of Delta Forces. He knows more than just about anyone about the deployment and capabilities of our elite rescue troops. The Pentagon timeline shows that over 7-1/2 hours passed between the first attack and the deaths of the former Navy SEALS who were holding off the attackers. Gen. Boykin estimated that we could’ve had a jet there to at least scare the attackers within 2 to 3 hours, and boots on the ground within 5 to 6 hours. As for the argument that the rescue mission might’ve been too dangerous, well…that’s what Navy SEALS do. Gen. Boykin says it’s the philosophy of the US military that you never abandon your people, even if all you can do is go in and recover their bodies. As for the excuses for why that order never came, he called them “incredible.”

SOURCE: http://mikehuckabee.com/today-s-commentary

The Coming “Collapse” that is Under the Radar

Michigan District Fires All Teachers, Closes Every School.

Summer break has started very early for kids in one Michigan school district.

Buena Vista schools have been closed for five days already, and on Monday, the district’s website stated that the school would be closed until further notice. For good reason, this decision has parents, and the community, up in arms.

The problem in Buena Vista is that the school district, educating approximately 450 kids, is out of money. All the teachers have been laid off and a financial emergency has been declared. The district has suffered from declining enrollment, which, in turn, has led to a loss of $3 million in state funding since 2010.

In an effort to keep schools open, teachers said they would work without pay. This is not possible under Michigan law so educators have been left in limbo. To make matters worse, the staff has also lost their health insurance.

The Buena Vista School District website states that they consider it their “highest calling to be entrusted with the care and education of the community’s children.”

Buena Vista Announcement

From the Buena Vista School District Website:

3. Teachers have offered to work for free until Friday, May 10. Why did the District lay them off?

Michigan law requires that employers pay employees for work performed. We thank the teaching staff for their dedication, and understand their frustration. However, we must follow the law.

Over the past day, many staff who have been laid off have asked how they may volunteer their time. Staff who make the personal decision to do so should contact the District regarding the logistics of that volunteering. However, we must stress that under current circumstances, there is no ability to compensate staff for their services and there is no indication that there will be money for such compensation at any time in the future.

7. How should teachers and staff obtain their belongings from their classrooms and work areas?

The District buildings will remain open and, we understand, the Principals have volunteered to remain in their buildings, on an unpaid basis, into the indefinite future. Staff should report to their building principals and, in an orderly fashion, collect their belongings. Additionally, staff should turn in, to their building principal, their school-issued items, such as keys, phones, laptops, etc.

For the sake of order, we ask that these tasks be completed by Friday, May 10, 2013.

Read more at http://globaleconomicanalysis.blogspot.com/2013/05/in-rare-praise-of-teachers.html#JVgwLT6MWoRJYrbq.99

Warning! Do NOT Read This Before Bedtime. A Horror Story!

We have all been conned, hoodwinked, bamboozled into thinking that “money in the bank” is a good thing. It is not. Remember Cyprus? Money in the bank potentially makes YOU a potential loser.

The ‘guidance’ of the BIS, BoE, and Fed regarding the Cyprus situation was purposely vague, misleading, and overly technical because to plainly cite the legal situation would send everyone running to their bank with their hair on fire to immediately withdraw their funds. In summary, this is exactly how “money in the bank” works:

- When you deposit YOUR money in the Bank, you transfer ownership of that money to the Bank. It becomes THE BANK’S MONEY and as a depositor you instantly become an unsecured creditor.

- You have a ‘claim’ on an equal sum of money and can ask for it back.

- If the Bank won’t return an equal sum to you, it can be sued under tort law, so long as the Bank is solvent… providing you ask for your money back.

- If the Bank is broke then as an unsecured creditor you wind up with pennies on the dollar or even zero since secured creditors of the Bank get paid first.

This is the British LAW. For reference, it was established under UK law in 1848 by ‘Foley vs. Hill.’ Once a deposit has been made into a Bank, the Bank becomes a debtor and the depositor a creditor. You have pointed out similar precedents in US law.

The Bank has NO trusteeship or fiduciary duty to depositors, and cannot be prosecuted under criminal law (a) Eric Holder was RIGHT on this point, and (b) not surprised that he did not cite the exact legal reason in his statement – Banks cannot be held liable to depositors for gambling (think ‘OTC derivatives’ the same known as swaps) or misusing (think risky loans, bad investments, sovereign bonds like Greece, or huge bonuses to themselves).

Almost universally, depositors think that money in the Bank is THEIRS. It is NOT. Almost no depositor thinks of themselves as a creditor, much less an unsecured creditor. This is the Bankster game in plain sight. It’s almost as funny as the saying ‘sound as a dollar.’

In closing, with a respectful hat tip to Mr. Jim Sinclair, it’s time to start getting out of the system.

As Bank depositors learned in Cyprus, that money IN the Bank isn’t really there for them when things go South. How many of them do you think now wish they had their assets outside the system before it blew itself up?

****

 

In Cyprus the money was never in the bank. It blew up a long time ago. The statements depositors received were cartoons that could only function as long as the Ponzi plan worked. The losses ripped through the bank’s capital a long time ago, and hammered the banks cash position which is the depositor’s accounts.

The money was already far gone well before the supposed blockage and confiscation

of over 80% of the deposits of large accounts over 100,000 EU.

There was a minor bail out in Cyprus but not of major depositor’s money.

Does this situation exist elsewhere or everywhere?

Benghazigate: What About Air Support From Italy?

 

By: Joe Kirkup

Okay, I did a bit of studying on the question of whether a jet (hopefully more than one) could have been dispatched from Sigonella, Italy to Benghazi to assist the Americans under attack.  Benghazi is 750 kilometers from Sigonella, the F16 combat radius is only 550 kilometers.  The Obama admin keeps saying the jet would need inflight refueling and none was available.  That’s only true if the jet needed to go to Benghazi, do it’s support mission and go all the way back to Sigonella.  The combat radius is not the maximum range, it’s the range to a target with enough fuel left to return to the point of origin.   The actual range of an F16 is over 1100 kilometers.

An F16 needs less than 3000′ of runway to land and even a bit less than that to take off depending on fuel and weapons load.  There is an airport just outside Benghazi with a 13,500′ runway.  As my yuppie friends are wont to say, “do the math.”  Certainly landing in Benghazi would be a risky business, but it’s the business those fighter guys are in.  The libs will surely hate hearing this, but if George Bush had still been in the White House that jet would have been there and Bush would have been in the situation room from the moment the attack happened till it ended.

Maybe I’m the only one here who has ever hid, wounded and frightened in the middle of the night, waiting for the US military to come for me.  I was lucky.  Unfortunately, the folks in Benghazi were hoping for help from a whole different America.

JK

The Muslims the Media Doesn’t See

The American press is only free in the sense that it voluntarily puts on its own muzzle.

The media coverage of Tamerlan and Dzhokhar Tsarnaev has one theme and one tack. Like 30 of the 31 men on the FBI’s Most Wanted Terrorists list, they were terrorists who just happened to be Muslim.

May 8, 2013

by: Daniel Greenfield

While the New York Times dispatched its best and brightest lackeys to Boston to write sensitive pieces on how hard it was for the two Tsarnaevs to fit in leaving them no choice but to bomb the Boston Marathon and then send LOL texts to their friends, it fell to a UK tabloid like The Sun to conduct an interview with the ex-girlfriend of the lead terrorist and learn that he wanted her to hate America and beat her because she wouldn’t wear a Hijab.

There are all sorts of jobs that Americans won’t do. Like pick lettuce, bomb the Boston Marathon and report honestly on the motives of the bombers. The only news network that operates outside the media consensus is owned by an Australian mogul who also owns The Sun.

Americans like to think of their press as freer, but it’s only free in the sense that it voluntarily puts on its own muzzle. European tabloids get into bloody brawls with regulators. American newspapers have nothing to brawl about. They will gleefully report anything that undermines national security at the drop of a hat, knowing that they won’t be touched, but there is a long list of subjects that they won’t touch with a million mile pole.

In Europe, editors risked their lives to publish the Mohammed cartoons. In America, on the rare occasion that they were depicted, they were usually censored. CNN, which could show Kathy Griffin trying to molest Anderson Cooper, without the benefit of pixelation or a suicide button, blurred out Mohammed’s face; assuming that Muslims would appreciate the sensitivity of treating their prophet’s face like an obscene object.

The American media does not need to be censored. It censors itself.

Did the New York Times really fail to come across Tamerlan Tsarnaev’s ex-girlfriend and domestic abuse victim while they were busily interviewing every single person in Boston who ever ran into the future terrorists? Doubtful. The New York Times may be incompetent, but it isn’t that incompetent. If it could track down Tamerlan’s old coach, it could track down his old girlfriend. It chose not to.

So did every other paper.

Either The Sun is staffed with crack journalists who could do what no American newspaper, news channel and network news program could, or The Sun got the scoop on Nadine Ascencao because no newspaper on this side of the ocean wanted to touch it. And it’s easy to see why.

Nadine talks about being beaten in the name of Islam, forced to memorize Koran verses and being taught to hate America. Most journalists on this side of the ocean want quotes on what nice boys the two Tsarnaevs were and how, in true liberal fashion, no one could have expected them to do something like this.

Every background story on them is filled with the same pabulum, because the endless march of “We couldn’t have known” quotes provides the government-media complex with the plausible deniability it needs to continue doing the same thing all over again. If the people couldn’t have known, then it stands to reason that their government or their media couldn’t have known either.

No Islam please, we’re American was the mainstream media’s unspoken message. We don’t do Islamic terrorism. We only report on terrorists who happen to be Muslim.

The only newspaper besides The Sun to do an interview with Nadine Ascencao was the Wall Street Journal; which just happens to be owned by the same tabloid mogul. But there is an interesting difference between The Sun and the Wall Street Journal. The WSJ piece doesn’t mention Hijabs, Koran verses or hating America. It doesn’t mention Islam at all.

Co-written by a Pakistani journalist, it emphasizes only that Tamerlan was a bully of no particular religion. That reporter’s twitter feed features a retweet from another Muslim WSJ reporter who broadcasts that the plans of Tamerlan and Dzhokhar Tsarnaev to head to Times Square amounted to nothing. Nothing to see here. Move along.

 

Nothing to see here is the theme of the media’s coverage. Like a movie, it begins with inspirational tales of courage, and then just when the villains were about to come on the scene, the credits began to roll. It’s only been twenty minutes, but the audience gets hustled out of the theater and told to leave their sodas and popcorn behind.

The “folks who did this”, in Obama’s patently false folksy parlance, were caught. Or at least one of them was. The sacred liberal ceremony of the Miranda warning was recited by a judge at his bedside and the trial will now move through the traditional phases of expensive lawyers paid for by the taxpayer pleading that their client was traumatized by our foreign policy and the entire story being shoved to the back of the media’s coat rack behind the next sports star who comes out of the closet.

This is the surreal world of the American media, which wields its weapons of mass distraction with clinical precision, so that the news hour and the local paper are virtually indistinguishable in content from an old episode of The Jerry Springer Show. But it can’t possibly spare the time for a coherent discussion of the real world motives of two men who carried out a major terrorist attack in Boston.

Soviet citizens listened to the Voice of America to find out what their own government wouldn’t tell them. American citizens have to read The Sun and the Daily Mail, publications whose standards are slightly above that of The Huffington Post and yet, like the National Inquirer, have become one of the few outlets that will chase after the stories that the media has embargoed as effectively as Pravda.

Instead of wasting time on a dead end like Islam, the media has spent its time chasing down every other possible angle.

Did Tamerlan turn terrorist because he took too many blows to the head while boxing? Could the Boston Marathon bombing have been prevented if only we had let him win?

The New York Times assembled a touching story of an aspiring immigrant boxer radicalized by the petty restrictions of a government that wouldn’t let him apply for citizenship because of his history of domestic violence and appearance on a terrorist watch list. But how does that jibe with the Tamerlan from five earlier who beat up a boy that his sister was dating because he wasn’t Muslim?

When the media must deal with Tamerlan’s theology, it keeps him in the category of the troubled man who turned to some wacky extremist version of Islam propounded by a YouTube convert. The man who beat his sister’s boyfriend because he wasn’t a Muslim and beat his ex-girlfriend because she wouldn’t wear a Hijab wasn’t some brainwashed drone who had his mind stolen by YouTube videos. He was a Muslim.

The Tamerlan of 2007 might not have watched as many Jihadist videos, but it would be a mistake to assume that he would have disagreed with their content. That Tamerlan might not have been looking at bombing targets, but neither would he have been upset and angry if some other Muslim had done what he would go on to do. Like Dzhokhar’s two Muslim friends, his first reaction would have been to cover it up.

When it comes to serial killers and mass shooters, the media is conditioned to look for a break that follows some life crisis. But with Muslim terrorists there is no discontinuity, only continuity. A few setbacks might have made terrorism more appealing to Tamerlan, but that would not have happened if it had not already been on his menu of life choices. Or that of his brother.

That angle is the most terrifying one that the media can think of. It’s the one that they can’t touch. It’s the one that they won’t let anyone else touch either. If they have to mention the “I” word, they will sandwich it between “extremist” and “radicalization”. But it’s not Tamerlan who was the radical extremist. Among Muslims, his views were mainstream. The Wahhabis are in ascendance in most parts of the world, including the United States. Islamist parties roundly won the Arab Spring.

What was the difference between Tamerlan Tsarnaev and any of the Syrian Jihadists held up by the media as the epitome of courage and bravery? What is the difference between Tamerlan Tsarnaev and the Hamas and Fatah terrorists that the media peevishly contends Israel must make peace with? What is the difference between Tamerlan Tsarnaev and any of the tens of thousands of Muslim terrorists fighting in conflicts around the world?

While the European media, for all its faults, occasionally grapples with the incompatibility of liberal values and Muslim values; on this side of the ocean the topic is all but untouchable. There is no national censorship body that does this. Instead stories are held down by the weight of a consensus that insists the media exists to promote liberal values. All else follows from there.

The stories that promote liberal values are reported. The stories about a future Muslim terrorist beating his girlfriend because she wouldn’t wear a Hijab are not because those stories create a sneaking suspicion that Muslim multiculturalism is incompatible with liberal values. And the incompatible Muslims, like Mohammed’s face, have been pixelated out of existence in reports on the terrorist attacks by disgruntled boxers, doctors and perfume salesmen who just happen to be Muslim.

These are the Muslims that the media doesn’t see. And it is doing everything possible to make sure that we don’t see them either.

SOURCE (see excellent comments): http://sultanknish.blogspot.com/2013/05/the-muslims-media-doesnt-see.html

Your Financial Security Is In Peril

Rogers (Jim Rogers, investor, author, economist) cites a previous exchange between Ron Paul (former congressman from Texas, presidential candidate) and Fed chief Ben Bernanke, in which Bernanke outright declared that gold is not money, further cementing his reputation as nothing more than a monetary charlatan:

The present head of the central bank does not understand economics, he does not understand finance, he does not understand currencies. All he understands is printing money. His whole intellectual career has been devoted to the study of printing money. And, as you know, we have given him the printing presses.

That strategy, of course, will be disastrous. It’ll further impoverish Americans by reducing wages relative to rising prices for essential goods, while increasing the national debt to unmanageable levels.

What comes next, according to Rogers and Paul, will take the majority of the population by surprise because most people simply can’t fathom the possibility of such a thing ever happening in the Land of the Free:

Rogers: They will take our retirement accounts. They will take our 401k’s. They will say, ‘you’ve all been having such a hard time earning money in your 401k’s, so what we’re going to do is we’re going to save you.’

Paul: I don’t doubt it for a minute. They’ll do what they think is necessary. and they’ll use force, and they’ll use intimidation, and they’ll use guns. Because, you can’t challenge the state and you can’t challenge the State’s so-called right to control the money… I think that’s very possible at that time when things get a lot rockier than they are now.

There are well informed students of economics, financial markets and history. They understand that global governments, especially in Europe and the United States, have bitten off more than they can chew. And they see a continuation of the same policies that have led to the worst economic conditions since the Great Depression.

http://www.shtfplan.com/headline-news/watch-its-a-worldwide-phenomenon-a-lot-more-chaos-yet-to-come_05032013

Actions by Wall St. “Prima Facie Criminal Behavior”

When the Columbia University professor Jeffrey Sachs unloaded at a Philadelphia Fed conference in April, telling attendees that most of the daily business of Wall Street is “prima facie criminal behavior,” he set off a small storm, but not exactly in the way one might think.

MoneyBeat caught up with Professor Sachs, who talked about the reaction to his appearance, the lack of Wall Street prosecution, the effects of big money on the political system, and the shortfalls of Dodd-Frank and regulatory reform.

I didn’t think too much about what I was actually going to say at the conference, until the video came on. It wasn’t planned exactly that way, but thinking about who was there and what they were talking about…just a building feeling of mine that almost every day brings new horror stories of illegality, lawsuits, charges, that this needed to be said. So I a little bit let loose spontaneously, but glad that I did.

When I really started to count in fact and keep track of the number of lawsuits, and the number of settlements, and it’s amazing actually how many there are, of course. Libor, Abacus, other financial fraud scandals, money laundering, insider trading. The list is actually extraordinary. The frequency of new cases, new settlements, new SEC charges, is stunning. And the lack of any apparent remorse from leaders of the industry.

[There hasn't been one] major figure in the industry acknowledging this rot, and also calling upon the industry to clean itself up. And I find that amazing because I would’ve expected at least one or two voices that would’ve have played that role and that hasn’t happened yet.

Why the lack of prosecution?

The legal defenses are very powerful, the lobbying is very powerful, the government in general is completely squeezed even if it would like to regulate. But we also have a revolving door of senior regulatory officials, congressional staff, congressmen and senators. Everyone’s in on this. So the question is how is this going to be cleaned up, what will it really take to get this under control? We just haven’t seen glimmers of that yet.

What will it take to change the system?

I think that the public is utterly disgusted, of course, and that is a major start.

There’s going to be a massive backlash. But some thought, and I thought at the beginning, that Obama was going to bring in control, that’s essentially what he promised, but he actually essentially brought in Wall Street to do the clean up. Perhaps the next government, or perhaps the next crash, it’s hard to say. But what one does feel is that the extent of abuse, the stench of it, is reaching such a high level that we’re not in an equilibrium, political or social, right now.

This is explosive stuff (scandals like Abacus and insider trading). It’s unbelievable. So far it hasn’t stopped the practice, but it can’t get more in your face than this actually.

I think in the end the question will be for our politics in general, whether a political movement not based on mega-donations can win political control. I believe that it can actually.

Some movement like the populist movement or the progressive era of the past is going to rise and say ‘we don’t need contributions, we’re not taking them, and if you the American people want a way out of this that doesn’t involve politicians bought for big money, we’re the ones.”

But short of that I don’t see a way out. Our politicians are not heroes, to say the least, and they seem to have no taste for this.

Will Dodd-Frank be effective?

It’s clearly being eaten alive and at critical points — of too big to fail and the control of derivatives — I doubt that it’s going to have any real effect as it is right now. The lobbying is just simply so overwhelming that I doubt that it’s going to have much sticking power.

What about Brown-Vittner?

This is on the right track, that basically we need more capital in the banks, fractional reserve banking by itself is an underlying structural problem, it’s then made vastly worse by the dismantling of regulations, by the intermixing with the so-called investment banking and basically the hedge funds, investment banks and commercial banks all being one party now, but reducing the amount of leverage is I think on every economist’s, near the top or at the top, of every economist’s list.

I would put criminal enforcement number one, statesmanship number two and reduction of leverage as number three.

Will You Be ‘Blindsided’?

Jim Sinclair’s Commentary

www.jsmineset.com

Stay in the system, and prepare for the shock of your life.

Bail-out Is Out, Bail-in Is In: Time for Some Publicly Owned Banks
Posted: 05/02/2013 12:41 pm

The crossing of the Rubicon into the confiscation of depositor funds was not a one-off emergency measure limited to Cyprus.  Similar “bail-in” policies are now appearing in multiple countries.  (See my earlier articles here.)  What triggered the new rules may have been a series of game-changing events including the refusal of Iceland to bail out its banks and their depositors; Bank of America’s commingling of its ominously risky derivatives arm with its depository arm over the objections of the FDIC; and the fact that most EU banks are now insolvent.  A crisis in a major nation such as Spain or Italy could lead to a chain of defaults beyond anyone’s control, and beyond the ability of federal deposit insurance schemes to reimburse depositors.

The new rules for keeping the too-big-to-fail banks alive: use creditor funds, including uninsured deposits, to recapitalize failing banks.

But isn’t that theft?

Perhaps, but it’s legal theft.  By law, when you put your money into a deposit account, your money becomes the property of the bank.  You become an unsecured creditor with a claim against the bank.  Before the Federal Deposit Insurance Corporation (FDIC) was instituted in 1934, U.S. depositors routinely lost their money when banks went bankrupt.  Your deposits are protected only up to the $250,000 insurance limit, and only to the extent that the FDIC has the money to cover deposit claims or can come up with it.

The question then is, how secure is the FDIC?

********

FDIC has already received to additional cash infusions from the Congress.  Payout from bank failures had already twice made the FDIC insolvent.

Instant Citizenship? For Answers, Always Follow the Money . . .

Why would the government want instant citizenship for millions of illegal aliens?  Perhaps that is because it will translate into millions of new, additional votes.

As we move toward a financial collapse with the FED continuing to create $85 billion per month, the  value of the dollar will continue to drop.   Bank balance sheets continue to show insolvency, so there is a need to obtain more money to repair those balance sheets.

Argentina just nationalized private pensions.  The U.S. has already begun to consider doing the same.  The Labor Department has already held hearings on that topic in December 2012. There are trillions of dollars in American pension plans.  In order to achieve this ‘money grab’ of trillions of dollars in privately held wealth there will be a need of sufficient voters to pressure members of congress to “protect the citizens” and their financial futures.  Consider what the government has done with management of social security . . . 

The solution: acquire millions of new voters who will be appreciative of being given citizenship and ‘un-earned’ entitlement benefits.   Create a new majority to vote away money from those that earned it and transfer those monies to the government to be partly re-distributed to those new citizens for new found benefits and to the insolvent banks.

One ‘new law’ will lead to the other.   

 

‘Beach Week’ Draws Black Crowd – And Violence

Editor’s note: Colin Flaherty has done more reporting than any other journalist on what appears to be a nationwide trend of skyrocketing black-on-white crime, violence and abuse. WND features these reports to counterbalance the virtual blackout by the rest of the media due to their concerns that reporting such incidents would be inflammatory or even racist. WND considers it racist not to report racial abuse solely because of the skin color of the perpetrators or victims.

April 30, 2013

 By: Colin Flaherty
BeachWeek

(

Reporters with all the local media had trouble describing what happened over the weekend when 40,000 black people descended on Virginia Beach for a party.

Their audiences, however, did not.

Daniel Johnson was one of dozens of people who had no trouble talking about the lawbreakers and the widespread chaos, danger, thefts, violence and lawlessness they brought to Virginia Beach as part of College Beach Week 2013; a time when black students could “blow off some steam” before final exams.

“Because it was a group of young black college people everyone is scared to say anything for fear of being called a racist,” he said in a post to a Virginian-Pilot news story. “It is what it is – these people come to the Beach and do everything in there [sic] power to intimidate the local and visiting White people at the Beach – rude – disrespectful – dirty and violent – They come here and treat our beach like a toilet On Saturday afternoon I went to the Harris Teeter and a LARGE group of young black visitors were in the parking lot drinking and playing loud music – intimidating locals – I called the police and even though 2 cop cars drove by nothing was done!”

Police reported 300 emergency calls to 911 Saturday night involving at least three shootings, three stabbings and three robberies. That they know of. All during a four-hour period. People in Virginia Beach are furious and are taking to Facebook and the local news sites to have their say.

Conscious of the paper’s history of deleting comments that refer to race, Mark Morrell backed up Daniel Johnson:

“PSA: There were no persons of any other race on the videos perpetrating those crimes. None. Not stealing the bikes, or starting the brawls, or any other illegal, crazy action. Have I mentioned any race at all? Nope!!! Because you know exactly what I’m talking about, I most certainly don’t have to. You can identify me all you want, I’m not scared, and I don’t hide behind my screen – or my newspaper. There is an elephant in the room, Pilot. WHATCHAGONNADOOOOO ABOUT IT???”

The “College Beach Weekend 2013″ party was organized by several black promoters for black fraternity members at several area colleges. Their invitations can be seen at http://beachweekva.com. Their tweets cam be followed at #beachweekend.

The family of Anas Harmache owns a restaurant in Virginia Beach. He posted a video on his Facebook page that captured some of black mob violence.

“These guys destroyed my family’s store, beat a kid senseless and put my dad’s life in danger,” said Harmache. “When I called the cops not one person showed up.”

The video showed dozens of black people fighting, taunting and harrassing people outside the restaurant.

Laurette LaLiberte, also on Facebook, said this kind of racial violence is becoming a regular feature of life in Virgina Beach: “My son was jumped a few months ago … 6 guys … right down the block from [this video]. … Robbed him and they kept kicking and beating him even after he was unconscious … he was in the hospital a week and had hemorrhaging on his brain … they haven’t caught those punks either.”

On Fox43 news, a black woman said fighting and lawlessness at Beach Week is nothing to worry about.

“I think it’s still fun,” said Kharizma Jackson. “It happens when you get a lot of people together this stuff happens everywhere you go. It’s like that.”

“It was just so crazy,” said business owner Billy Baldwin to the local ABC affiliate. “We actually had a fight break out in front of my business at Sandbar that the crowd busted in and broke my front window. So that’s a thousand dollars per window.”

The Virginia Beach racial violence is part of a pattern of more than 500 episodes of black mob violence documented in “White Girl Bleed a Lot: The return of racial violence and how the media ignore it.”

Kenneth Darden told the Virginian-Pilot that anyone who notices that all the lawbreakers were black is a racist.

“Being a black male, I am insulted reading your comments because they are very degrading and assumes that white kids are not capable of doing such things. Well let me tell you, all you have to do is come to Ocean View any day of the week and see for yourself how wrong you are!”

Denise Gordon also owns a business in Virginia Beach. The Virginian-Pilot reported:

“I was scared to death,” said Denise Gordon, a manager for 18th Street Seafood Bar and Grill.

Though all those incidents happened late at night, Gordon said she’d noticed “rude, obnoxious” behavior around her restaurant much of the day. Fearful, she closed the restaurant at 8 p.m., two hours earlier than usual for a Saturday.

Gordon then said she called for security to help employees get to their cars after closing.

“It was so crazy, I don’t even know how to describe it,” she said.

The Virginian-Pilot is the same paper that achieved notoriety last spring when the editor refused to report that a black mob of 50 to 100 people assaulted two of his reporters after pelting their car with rocks in Norfolk.

A columnist revealed it two weeks later. Some reportedly said it was revenge for Travyon Martin.

The editor told a producer for Bill O’Reilly’s Fox News show that he had no evidence that a mob was involved or that the attack was racially motivated.

See the Big List of black mob violence.

SOURCE: http://www.wnd.com/2013/04/beach-week-draws-black-crowd-and-violence/

A Look Into Our Financial Future . . . The Tsunami is Coming

Today legendary trader Jim Sinclair told King World News that today is a day of financial infamy as Cyprus depositors have now officially been flushed.  Sinclair also stated that history will show this day as being as serious as the flushing of Lehman Brothers.  Below is what Sinclair, who was once called on by former Fed Chairman Paul Volcker to assist during a Wall Street crisis, had to say in this remarkable interview.

Eric King:  “Jim, we now know the answer to the ‘Cyprus Solution.’”

Today legendary trader Jim Sinclair told King World News that today is a day of financial infamy as Cyprus depositors have now officially been flushed.  Sinclair also stated that history will show this day as being as serious as the flushing of Lehman Brothers.  Below is what Sinclair, who was once called on by former Fed Chairman Paul Volcker to assist during a Wall Street crisis, had to say in this remarkable interview.

Eric King:  “Jim, we now know the answer to the ‘Cyprus Solution.’”

Sinclair:  “Yes, Cyprus depositors have now been flushed.  The Bank of Cyprus, the island’s largest bank said it has converted 37.5% of deposits exceeding 100,000 euros into a Class A share, with an additional 22.5% held as a buffer for possible conversion in the future.

Anther 30% will be temporarily frozen and held as a deposit.  So the amount of money that has been taken from the Cyprus depositors is an all practicality almost their entire accounts.  Major depositors funds have now been taken in grand style.

Depositors everywhere are now defined as lenders to the banks.  Today is a day of financial infamy.  History will see this event as serious as the flushing of Lehman Brothers….

*********

New Zealand and Canada have made ‘sounds’ that they may do the same thing.  How long until this maneuver is used here with our ‘insolvent’ banks?

 

Holder: “Pathway To Earned Citizenship” A “Civil Right”

During a April 24th speech to the Mexican American Legal Defense and Educational Fund, Attorney General Eric Holder said that creating a “pathway to earned citizenship” was a “civil right.”

“Creating a pathway to earned citizenship for the 11 million unauthorized immigrants in this country is essential. The way we treat our friends and neighbors who are undocumented – by creating a mechanism for them to earn citizenship and move out of the shadows – transcends the issue of immigration status. This is a matter of civil and human rights. It is about who we are as a nation. And it goes to the core of our treasured American principle of equal opportunity

Governments ‘drool’ Over Retirement Accounts

Government Sets Its Sights on Private Retirement Accounts: “Giant Effort to Redistribute the Wealth of America’s Older Citizens”

             

Mac Slavo
SHTFplan.com
Nov 21, 2012

A new effort by the Obama administration, Congress, the Treasury Department and labor unions aims to fundamentally alter how Americans plan and save for retirement.

Warnings have been popping up over the last several years about the possibility of re-appropriating the $3.5 Trillion sitting in private retirement and spreading those funds around to Americans who are deemed less fortunate.

This couldn’t possibly happen in America, right? At one time, most Americans also believed heath care mandates that force Americans at the barrel of a gun to surrender portions of their earnings into a universal system for all would never happen. Well, it did.

And now, those who would control and regulate every aspect of our lives are making a new push; one whose efforts will ultimately end in the seizure and redistribution the personal retirement savings of every American who has ever put money into a 401(k) or IRA.

This is no longer in the realm of conspiracy, but rather, public record.

A recent hearing sponsored by the Treasury and Labor Departments marked the beginning of the Obama Administration’s effort to nationalize the nation’s pension system and to eliminate private retirement accounts including IRA’s and 401k plans, NSC is warning.

The hearing, held in the Labor Department’s main auditorium, was monitored by NSC staff and featured a line up of left-wing activists including one representative of the AFL-CIO who advocated for more government regulation over private retirement accounts and even the establishment of government-sponsored annuities that would take the place of 401k plans.

“This hearing was set up to explore why Americans are not saving as much for their retirement as they could,” explains National Seniors Council National Director Robert Crone, “However, it is clear that this is the first step towards a government takeover. It feels just like the beginning of the debate over health care and we all know how that ended up.

A representative of the liberal Pension Rights Center, Rebecca Davis, testified that the government needs to get involved because 401k plans and IRAs are unfair to poor people. She demanded the Obama administration set up a “government-sponsored program administered by the PBGC (the governments’ Pension Benefit Guarantee Corporation).”

Such “reforms” would effectively end private retirement accounts in America, Crone warns.

“These people want the government to require that ultimately all Americans buy these government annuities instead of saving or investing on their own.The Government could then take these trillions of dollars and redistribute it through this new national retirement system.

“This effort ultimately is designed to grab the retirement nest eggs of America’s senior citizens. This new government annuity scheme, even if it is at first optional, will turn into a giant effort to redistribute the wealth of America’s older citizens,” explains Crone. “This scheme mirrors what I expect the President will try to do with Social Security. He wants to turn that program into a welfare program, too.”

Via: National Seniors Council

With the re-election of President Obama, a majority Democrat Senate and powerful organization and lobbying from labor unions, we can fully expect legislation that will shift private accounts into the public coffers to become reality in the not too distant future.

In fact, the push to mold the perceptions surrounding this issue is already on, as highlighted in a recent Market Watch article which claims to explain the 10 Things 401(k) Plans Won’t Tell You.

Did you know, for example, that 401(k) plans aren’t supposed to provide you with full retirement benefits, and that they were originally intended to be “mere supplements” to other plans, and that they only “benefit the rich?” Not only that, but according to the article, no one can really tell you how much money you’re going to need; all of those math formulas and expert calculations were all wrong. Additionally, there are so many hidden fees that you’re losing hundreds of thousands of dollars to Wall Street (most of us knew that one).

And all this time, the millions of Americans who contributed their money to these accounts over the last three decades were under the impression that their accounts would one day grow into a retirement nest egg from which retirees could spend their days in comfort and relaxation.

Nope. We had it all wrong. Private retirement accounts were never actually designed to ensure that you could retire! Only a government managed retirement plan can ensure that you will have the money you need when you turn 59 1/2. Only they will be able to ensure you don’t pay excessive, hidden fees (even though they could have created legislation to require firms to overtly disclose this information int he first place). And, only the government can provide 100% full retirement coverage, not just supplemental funds. Oh, and they also know WHEN you should retire, currently 65 years of age.

It’s on folks. They are going to hit Americans from all angles on this one.

First, the political hearings that will claim only the rich are benefiting from private retirement accounts.

Then they’ll point out how stock market crashes and volatility put your money at risk. In fact, if we do have another market crash, look for this to be a key reverberation.

Then they put the spin machine into action, so that you think you’re getting unbiased analysis and truth.

Then they open the guilt spigot and make those who have personal retirement savings wonder if they are being greedy, and those who don’t have savings will direct their anger not just at the rich, but anyone who has put any money away.

Finally, they will pass a bill, which we have to pass first in order to know what’s in it, and it’ll be a done deal.

The government of this country is coming for everything they can get their hands on.

 

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