Sunday, September 30, 2007

These Rabbi's are Three Fries Short of a Happy Meal!

In 2005, Iranian President Mahmoud Ahmadinejad threatened to "wipe Israel off the map."

Then in August of 2007 he declared that the Jewish State is "the standard bearer of Satan," and would soon fall apart.

Also in in August 2007 the Iranian President said that "there is no way for the salvation of mankind but the rule of Islam over mankind."

Ever since the Islamic Revolution of 1979, Iranian ayottollahs have referred to the United States as "the Great Satan" and Israel as "the Lesser Satan."

Last week, while staying in the Intercontinental Hotel in New York, Ahmadinejad spent an hour with a group of rabbis, all of whom in my opinion are three fries short of a happy meal! They belong to an organization named Jews United Against Zionism.

The rabbis presented the Iranian President with a silver fruit bowl engraved with the message ... "We present this as a token of our appreciation for your sweetness and love of the Jewish people and all mankind."

Rabbi Yisrael David Weiss stated to award-winning journalist Michael D. Evans that Ahmadinejad likes the Jewish people; but that Zionism is an evil concept. He said that Ahmadinejad was not anti-Semetic and that he only wanted to get rid of Zionism and the State of Israel.

Duuuh? With all due respect Rabbi Weiss, it is better to keep your mouth shut and appear stupid than to open it and remove all doubt.

There's Kind of a Hush all over the Middle East

On September 6, 2007 five Israeli fighters struck Syria.

Moderate Arab states were unusually quiet in the aftermath as were international players who are usually quick to condemn any act of Israel which they view as aggressive.

Israeli officials are neither confirming nor denying the target or the purpose for the strike and apparently there's a state imposed "silence" on the matter.

International observers see several key messages:

  • Israel was able to strike at Syria without suffering any military or diplomatic consequences.
  • Israel will take steps to prevent other countries in the Middle East from obtaining nuclear capability.
  • If a Syrian nuclear installation can be targeted by Israel without any international outcry what does that say for Iran?
  • The London Telegraph is suggesting that the strike was carried out with Washington's blessing, in part as a test of the new Russian-made Pantsyr air defense missle systems recently purchased from Moscow by Damascus. Since Iran is also equipping itself with the Pantsyr air defense system, the Telegraph speculated that the U.S. was extremely interested in seeing a live-fire demonstration.
  • The New York Times speculated that the real reason for the raid was to get intelligence on a number of suspected nuclear facilities Israel believes have been sponsored by North Korea.
  • The Kuwaiti daily, al-Jareeda is reporting that Israel's target were unnamed Syrian missle batteries that were brought to Syria from Iran.
  • Haaretz reported that U.S. government and military sources said they were "happy to have Israel convey to both Syria and Iran the message that they can get in and out and strike when necessary."

It's time to start connecting the Middle East dots because the current hush in the Middle East is about to become a roar.

Saturday, September 29, 2007

Kwik Hits - #1

The average American family has $3,800 cash dollars in the bank ... no retirement account whatsoever ... owes $90,000 on their mortgage ... and owes $7,200 in credit card debt. The average American consumer is in "deep puckey" due to personal debt levels.

Consumer expenditures are currently running at 72% of Gross Domestic Product (GDP) .... that's 72%!!!!! This is a number that has never ever been reached at any time in modern history by any nation on the planet ... can you say economic unsustainability?

Thursday, September 27, 2007

Washington's not so secret Secret

Bill Gertz, the Washington Times' top military investigative reporter and publisher of his own subscription based intelligence website, "Geostrategy-Direct" is reporting that his military sources in the Pentagon are saying that the US has completed preparations for war against Iran.

Dubbed "Prompt Global Strike", some of the preparations, include;

  • conversion of B-2 bombers to carry up to 80 500-pound Joint Direct Attack munitions.
  • conversion of 4 Trident nuclear missle subs, each carrying 150 sub-launched cruise missles, providing enough firepower to attack 600 targets with multiple missle salvos.
  • Aegis cruisers have been upgraded.
  • the first F-22 advanced fighter bombers have been deployed.
  • fielding a new 15-ton deep penetrating bomb that is designed to attack deeply buried and fortified targets, like Iran's nuclear facilities.

Getz quotes one top US military officer who said that the window of opportunity to take out Iran's nuclear facilities is closing fast and that after the autumn of 2007 (coming up fast) Iran's capability to retaliate will increase as the 2008 presidential election season begins by the start of next year.

Hold on to your hats ... the potential for something nasty to hit the proverbial fan is a definate possibility!

Wednesday, September 26, 2007

The U.S. Greenback is in Big Trouble!

The U.S dollar and bond markets are now in serious trouble! This week's Fed figures showed a collapse in U.S. bond purchases by foreign central banks. In July they fell from $97 billion to only $19 billion.

America desperately needs foreign capital flows to cover the current account deficit which is expected to reach $850 billion this year, or $3.4 billion a day. If the foreign central banks continue to back-off from buying Treasury and Agency paper, the Fed will be forced to step into the breach and buy it themselves and that means much higher inflation. Foreign central banks have been funding 30% of America's debt so far. If you pull them out of, or reduce their involvement in this equation, you've got big trouble in little China.

The flight from the U.S. dollar has already begun. Iran has massively cut its dependence on the dollar and now 70% of its foreign assets are in euro's, other currencies and gold.

60% of all oil exports are now in euro's.

For the first time ever, Saudi Arabia refused to cut interest rates alongside the Fed, signaling that they are preparing to break with the dollar which could very easily set off a stampede out of the dollar and into the euro right across the middle east. European countries as well as Japan are "dumping their dollars" to buy American businesses in order to cut their losses.

U.S. bankers via two deep interest cuts are putting the nail in the dollars coffin. Their short term solution will push up long-term interest rates, which in turn will drive up mortgage rates and drive real estate into a deeper crisis.

Money and credit creation will increase which in turn will bring hyperinflation. which will create a major recession which then can very easily spill over into a depression.

The U.S. dollar is collapsing, and as it does, so will consumption. And as all of this witches brew boils and bubbles, the end result will be that the U.S. dollar will no longer be the world's reserve currency and America's dominance in all world affairs will be diminished.

For all those who laughed when knowledgeable people were, and still are, predicting a one world government with a one world currency ... I've got a sneaking suspicion that all of that laughter is about to come to a screaching halt.

Let's be Fair to Duhlton McGuinty!

Much has been made by John Tory and Howard Hampton about the all too many promises which were made by Duhlton in the last election and then broken.

Say it isn't so Duhlton! Please tell us that perhaps you were misquoted or even taken out of context. Please explain to us that your intentions were honorable but you were unable to be a man of your word because every Conservative and NDP Premier in the entire history of this great Province had bungled things so badly that you were UNABLE to keep your promises!

Canadian's are a fair people, and in that spirit of fairness I would like to give you the opportunity to explain to us the promises which you were able to keep.

I know that you are a busy man these days. Respecting your time constraints I would appreciate if you could summarize just 10 promises which you have made and kept during the last election campaign and or as Premier of Ontario .... only 10!

PROMISES WHICH I'VE MADE AND KEPT
by
Duhlton McGuinty
  1. I
  2. I
  3. I
  4. I
  5. I
  6. I
  7. I
  8. I
  9. I
  10. I

Take your time!

Tuesday, September 25, 2007

Wuz up Wuh?

Just a couple of things percolating in my cranium after discovering the following tidbits.

  • For every dollar spent in the U.S. declassifying documents, the government spent $185 to conceal documents. It cost the taxpayers $8.2 billion.
  • Bush has issued at least 151 signing statements challenging 1,149 provisions of laws passed by Congress. Before 2000, presidents had signed fewer than 600 statements in 211 years.
  • Bush has used the state secrets privilege 38 times. It was only used 59 times over the previous 23 years.
  • Americans have submitted 21.4 million requests under the Freedom of Information Act versus 1.9 million just 7 years before.
  • 53 of 57 agencies are backlogged for fulfilling requests. 12 Agencies have requests pending 10 years or more. My understanding is that there is a 20 day deadline for responding.

Now I'm not suggesting that there are untoward happenings here, only respectfully asking the President .... Wuz Up!