Sunday, October 11, 2009

What’s Happening 10/11/09 *Total Economic Collapse… Tipping Point*



What’s happening 10/11/09 *Total Economic Collapse… Tipping Point*
Believe it or not, I have twice as much (new) information as is in this Newsletter. If I included it all, this edition would be a mile long…
Things are happening SO FAST that it’s getting hard to keep up with these days.
The United States is waning, our Economy is set for a surprise second (and final) collapse… one to make last September look like good times… and this is not an accident.
The machine that has driven us towards Global Government, almost since our inception, has finally fallen into its final gear.
Protect yourselves as you see fit.
I’m only presenting what’s out there, and important, and that we’re not hearing enough about…
But this is all REALLY HAPPENING, so do protect yourselves.
Scrump
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The Articles
Exclusive report
The demise of the dollar
In a graphic illustration of the new world order, Arab states have launched secret moves with China, Russia and France to stop using the US currency for oil trading
By Robert Fisk
Tuesday, 6 October 2009
Iran announced late last month that its foreign currency reserves would henceforth be held in Euros rather than dollars.
In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan and France – to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new, unified currency planned for nations in the Gulf Co-operation Council, including Saudi Arabia, Abu Dhabi, Kuwait and Qatar.
Secret meetings have already been held by finance ministers and central bank governors in Russia, China, Japan and Brazil to work on the scheme, which will mean that oil will no longer be priced in dollars…

Has anything changed on Wall Street?


You'd think an incident like last fall's financial crisis would get Wall Street's attention. Not exactly.

POLITICO 44

The collapse of Lehman Brothers exactly one year ago Tuesday triggered a global financial panic that slashed thousands of points off the Dow, eliminated trillions of dollars in American wealth and ushered in the most massive government intervention into the economy since the New Deal.
You’d think a thing like that would get Wall Street’s attention.
But as 2009 rolls on, it’s almost as if nothing happened. Lavish bonuses are back, the financial industry is showing a renewed appetite for risk, and exotic new securities are being dreamed up by financial innovators – just like the ones (which are still around) that contributed to the collapse in the first place.
Even some at AIG – the company that became the emblem of excess for its massive bonuses – act like nothing has changed. New CEO Robert Benmosche recently showed off his palatial estate on the Adriatic Sea in Croatia – the one with 12 bathrooms, Italian tiles, an 18th century French tapestry, and a well-stocked wine cellar. (“Every bathroom is like a piece of art,” he told Reuters. “Women go wild when they walk in here...”

And just to make sure you’ve got NOTHING to leave to your Family…

BACK TO BUSINESS

Wall Street Pursues Profit in Bundles of Life Insurance

By JENNY ANDERSON
Published: September 6, 2009
Wall Street bankers plan to buy life insurance policies that ill and elderly people sell for cash and package hundreds or thousands of them together into bonds...


But I thought we’d fixed the problems with the Trillons of Dollars stolen from you and I…

Arena Digest: Another financial crisis?

…The talking heads and enablers in the financial news industry like to congratulate themselves for pushing for [the Troubled Asset Relief Program] as a means of saving the banking industry, but who is to say that had the free market worked, along with the judicial system, that we would not have a better banking system today?
“The end result is the same corrupt players are still in place, and we are all the worse for it. Anyone with any horse sense whatsoever wouldn’t trust these crumbs on Wall Street to get them a stick of gum, much less trust them with their money…

And with rumors of coming bank holidays… is this coincidence?
Heritage Federal Credit Union
IMPORTANT:  Major Data System Upgrade.  Temporary Disruption to Member Services.  Please read on for the details.
Heritage Federal Credit Union will conduct a data system upgrade starting Wednesday, October 28, 2009 through Monday, November 2, 2009.  The following notice contains information regarding the impact to you.  Please read through each section to better understand the scope of this initiative.
Things To Know About The Data System Upgrade:
All Heritage Federal Credit Union branches will be closed on Saturday, October 31, 2009 through Monday, November 2, 2009.  Branches will re-open for business on Tuesday, November 3, 2009 at their normally scheduled time…
http://www.hfcu.info/
On the same days as…
Redstone Federal Credit Union
Dear Members,

At Redstone Federal Credit Union, we strive to offer unparalleled service. And that means staying on top of industry trends and new technologies.

Over the past several months we have enhanced our systems to provide greater service and more flexible product offerings for you, the member. Starting November 3, 2009, we will be able to offer you a new range of capabilities, features and functions designed to make your credit union membership more valuable.

We believe that every member should be treated as a person, not a number. This distinguishes Redstone from its competitors. Our new system enhancements will complement and strengthen this philosophy. At Redstone you will always be a person, first.

Redstone Federal Credit Union will be upgrading its computer system from Saturday, October 31 through Monday, November 2, 2009 and will be closed during this time.
https://www.redfcu.org/about_us/message.htm
And since the FDIC’s been going through this…
Failed Bank List
The FDIC is often appointed as receiver for failed banks. This page contains useful information for the customers and vendors of these banks…
http://www.fdic.gov/bank/individual/failed/banklist.html

We’ve got this…

FDIC Discloses Deposit Insurance Fund Is Now Negative

09/29/2009 09:54 -0500
In an unprecedented disclosure, the FDIC has highlighted that it expects the DIF reserve ratio to be negative as of September 30. As there are a whopping 48 hours before that deadline, one can safely assume that the DIF is now well into negative territory: as of today depositors have no insurance courtesy of a banking system that has leeched out all the capital of the Federal Deposit Insurance Corporation. Let's pray there is no run on the bank soon…
Do you wonder why there were no bank closures Friday?
They Can’t.
MEMORANDUM TO: The Board of Directors

FROM: Arthur J. Murton
Director
Division of Insurance and Research

SUBJECT: Special Assessment, Restoration Plan and Proposal for
Maintaining Fund Liquidity

SUMMARY

Staff recommends that:

1. The FDIC not impose additional special assessments in 2009.

2. The FDIC maintain assessment rates at their current levels through the end of 2010 and
immediately adopt a uniform 3 basis point increase in assessment rates effective January 1,…

So if the SEC, the Agency protecting us (the entire Country and it’s financial system) from predatory Wall Street & Wall Streeters is corrupt & not working, and the FDIC, the Agency protecting our assets from predatory Banks & Bankers is neutered… then what?
Well, this happens…

Wells Fargo's Ticking Time Bomb: Credit Default Swaps On Commercial Mortgages

|Sep. 17, 2009
Outside experts hired by Wells Fargo to examine its books are reportedly shocked at the bank’s exposure to derivatives trades it took on when it acquired Wachovia may trigger huge losses at the bank, Teri Buhl reports at BankImplode.com

It appears that Wachovia wrote credit default swaps on the junior tranches of commercial mortgage backed securities it was selling, which means that it is on the hook for losses in the riskiest CMBS tranches it sold. Wells itself might not even know the size of its exposure…
http://www.businessinsider.com/john-carney-wells-fargos-ticking-time-bomb-credit-default-swaps-on-commercial-mortgages-2009-9
And this…
Wall Street's Disaster in 2 Graphs - Are You Sure this Sucker's Rally Will Last?
Friday May 22, 2009 - 14:38 PM EDT

People have been asking me why I am soooo bearish on the stock market outlook.

GRAPH: With S&P 500 earnings having declined by 90% the price-earnings (PE) ration has shot up to 120 this year. The Japanese Nikkei index collapsed after 1987 at a PE ratio of 70 from 38,000 to 7,000 and has not recovered since. Chart courtesy of chartoftheday.comIf this graph has not scared the you know what out of you, here comes the second shot of reality.

GRAPH: S&P 500 earnings have declined over 90% over the past 20 months (with over 90% of S&P 500 companies having reported for Q1 2009), making this by far the largest decline on record (the data goes back to 1936). In fact, real earnings have dropped to a record low and if current estimates hold, Q3 2009 will see the first 12-month period during which S&P 500 earnings are negative. Chart and description courtesy of chartoftheday.com

CNBC sported a useful graph earlier this day, showing that the debt-to-GDP ration now stands at 375%, compared with 275% in 1929. If you think this is a once-in-a-lifetime chance to short the US market I have one more warning: When this bubble corrects you run a high chance of a default of futures markets too as everybody and his sister will be bankrupt by then…

But they wouldn’t let anything bad happen again, not without warning us…

Bernie Madoff fraud puts SEC under scrutiny

Bernie Madoff may be securely behind bars for the rest of his life and then some, but the fallout from his massive Ponzi scheme continues — not least in the form of uncomfortable scrutiny for the Securities and Exchange Commission, which could translate into legislative changes.
Last week, the SEC’s internal watchdog released a scathing report on how the agency let Madoff get away with his billion-dollar fraud for more than a decade, despite being tipped off at least six times to what he was doing.
Well…

Bove: Wells Fargo Sitting On A Volcano About To Explode (WFC)

|Sep. 18, 2009

As we wrote earlier this week, outside experts hired by Wells Fargo to examine its books  are reportedly shocked at the bank’s exposure to derivatives trades it took on when it acquired Wachovia, fearing these may trigger huge losses at the bank.
And now Dick Bove is also worried about the bank, seeing a “volcano, with numbers of tremors, that is possibly about to blow…
http://www.businessinsider.com/bove-wells-fargo-sitting-on-a-volcano-about-to-explode-2009-9

The System at Risk in a CIT Failure

BY DAVID WEIDNER

Alone, Rick Rush is small enough to fail. The problem is he probably wouldn't go down alone.
Mr. Rush owns a light industrial company called MetFin in Suffield, Conn. MetFin makes abrasive blast cleaning equipment used for metal fabrication. MetFin doesn't borrow from CIT Group Inc., it borrows from a rival. When cash flow is tight, Mr. Rush draws on his credit line to keep the bills paid and meet payroll.
Still, as CIT's financial condition deteriorated and its talks with the government escalated this week, Mr. Rush watched closely and became worried. Business is already tough for his company ...
http://online.wsj.com/article/SB124774724987851145.html
Remember what started this last September? Remember Lehman Brothers?

CIT Poses Lehman-Like Risk

By DONNA CHILDS and SAMEER BHATIA | A Dow Jones Newswires column

The implications of the capital crisis of CIT Group Inc. fill 24-hour news coverage and yet credit default swaps are near record lows and the markets appear calm, a peculiar disconnect given the events that followed Lehman Brothers' bankruptcy. What gives?
The century-old lender narrowly avoided a bankruptcy filing this week when it obtained $3 billion in loan commitments from its bondholders. Tuesday, documents filed with the Securities and Exchange Commission laid out steps that it will take to avoid bankruptcy, though it warned that any misstep likely would lead to a Chapter 11 filing. Who has correctly gauged the risk CIT poses to institutions, markets and the economy - the media, the markets or the government?...
http://online.wsj.com/article/SB124829333563673273.html
Oops… Sorry about that… But don’t worry, we’ve GOT this Economy thing…

US Senate OKs 1-Mo Emergency Extension Of Federal Government Funding Levels

By Corey Boles, Of DOW JONES NEWSWIRES
WASHINGTON -(Dow Jones)- Facing a midnight deadline, the U.S. Senate Wednesday approved an emergency one-month extension of current funding levels for the federal government.
The extension is necessary because lawmakers have been unable to complete work on the 12-must pass spending bills required to keep the various arms of the federal government running each year.
With the federal government's fiscal year in its waning hours, all non- essential parts of the government would have been required to shut down at midnight had the extension not been agreed to..
http://www.nasdaq.com/aspx/stock-market-news-story.aspx?storyid=200909301755dowjonesdjonline000797&title=us-senate-oks-1-mo-emergency-extension-of-federal-government-funding-levels
Yeah… This might not be too good either…
S&P 500 P/E - Sound reasons for a stock market crash
By Simon Maierhofer
* On 12:31 pm EDT, Monday October 5, 2009

"The chart above reveals two key factors:

1) Based on P/E ratios, the stock market is grossly overvalued, even at current prices. As per Standard & Poor's research, the preliminary Q2 2009 P/E ratio is 140.76 (99% of companies have already reported).

Historically, a P/E ratio north of 20 is viewed as expensive. Historically, there is almost a 70% chance of correction after P/E levels spike above 25 - 30. Imagine the impact of a 140 P/E ratio…
http://newsusa.myfeedportal.com/viewarticle.php?articleid=446
But it’s only going to be THIS bad… We promise…
Dow Will Fall to 6,300 by Year End: Portfolio Manager
Published: Monday, 5 Oct 2009 | 6:29 PM ET
By: JeeYeon Park
CNBC News Associate
With the prospect of higher unemployment hanging over the markets, some experts expect a correction. So are they right? Michael Cuggino, president and portfolio manager at Permanent Portfolio Funds, and John Lekas, CEO and portfolio manager at Leader Capital, shared their insights. (See their recommendations, below.)

“I think we go below the double dip,” Lekas told CNBC. “By year-end, we drop below 6,300 on the Dow and by 2011, we’re at 4,200…
It’s all a sham…
Special Report: A “V” Shaped Recovery
The ‘V’, just to be clear, stands for valuation - since the 60 per cent expansion we have seen in US equity prices has simply been down to an unprecedented expansion in P/E ratios, putting stocks at prices typically seen five years into a period of economic expansion, not just five weeks:
On an operating (”scrubbed”) basis, the trailing P/E multiple on the S&P 500 has expanded a massive 10 points from the March lows, to stand at 27.6x. Historically, when the economy is taking the turn away from contraction towards expansion, which indeed was the case in Q3, the trailing P/E multiple is 15x or half what it is today (and that 15x is also calculated off depressed earnings level of prior recessions — we have more on the historical comparisons below). While we will not belabor the point, when all the write-downs are included, the trailing P/E on “reported” earnings just widened to its highest levels in recorded history of nearly 140x (see chart below), which is three times the levels prevailing during the height of the tech bubble…
http://ftalphaville.ft.com/blog/2009/10/09/76941/fuming-with-dave/
Maybe we’re getting this…

USD to SDR - the new US currency?

"Special Drawing Rights (SDRs) are potential claims on the freely usable currencies of International Monetary Fund members."(Source)I was always under the impression that they are only for use by countries, global banks and perhaps large corporations. So to see it on a USPS form is rather curious, if not concerning…
http://newsusa.myfeedportal.com/viewarticle.php?articleid=448
Because we’re not going to have this, any longer…

Sprott September Commentary: Total US Government Obligations At $118.6 Trillion


The US dollar (USD) is the world’s “reserve currency”. This status is arguably the greatest privilege enjoyed by the US as an economic entity. Most people don’t appreciate its significance. As the world’s reserve currency, the USD is used by other countries across the globe to back up their own respective paper currencies. In some cases, it’s as basic as a country stockpiling US dollars in their central bank vaults. When asked what supports their Pesos, Rubles, or Yen, the powers that be simply point to their pile of US dollars as proof of value. Upon reflection, it’s quite obvious how tenuous it is to back up one’s currency with a pile of paper issued by another country, but this is exactly how the world of international currency has worked for decades. And it has worked quite well…until now.

Despite falling 36% since 2001 (as measured by the US Dollar Index (DXY)), it is only recently that the US dollar’s ‘world reserve currency’ status has been seriously questioned. The media pundits haven’t spent much time discussing this of course, but during the week of September 8th to 11th, the DXY actually fell to new 2009 lows every single day that week. Over the last six months there has also been a substantial
increase in anti-US dollar rhetoric from China, Japan, Russia, France, Brazil, and even the United Nations. Reading between the lines, it appears the US dollar hegemony has finally broken, and what happens next will have major consequences for the global economy.
http://www.zerohedge.com/article/sprott-september-commentary-total-us-government-obligations-1186-trillion
Because the Song Remains The Same…

Krugman: The Economy Is So Not Fixed -- We Need A Second Stimulus

Oct. 2, 2009, 5:51 AM
Paul Krugman observes what the market noticed yesterday, which is that enthusiasm about the recovery has blown way past the reality.
Specifically, he's worried about unemployment…
http://www.businessinsider.com/henry-blodget-krugman-the-economy-is-so-not-fixed-we-need-a-second-stimulus-2009-10
All together now…

Another push for 'stimulus II'

10/6/09 2:30 PM EDT

POLITICO 44

Sheldon Whitehouse is one Democrat who is not shy about wanting a second stimulus, even as other Democrats say they are far from ready to fight that fight.
Even though none of the money from “Stimulus 1” went where it was promised to go, this time… they’ll use it for America!
“I’d like a second stimulus. I’d like it to focus 100 percent on infrastructure, and I’d like it to focus on infrastructure that we have to build anyway,” the Rhode Island Democrat Tuesday on his way into weekly policy lunch.
Spending stimulus money on projects that need to be done regardless would take away critics’ argument that the nation’s exploding deficits can’t handle another stimulus, he said…
http://www.politico.com/news/stories/1009/27973.html#ixzz0TfQlsurB

And the Dollar has other Enemies, helping us along…

Whodunit? Sneak attack on U.S. dollar

By EAMON JAVERS | 10/8/09 2:38 PM EDT

With the U.S. economy on the ropes and America by far the world's biggest debtor, investors aren't feeling as secure about the dollar as they used to.
It’s the biggest mystery in global finance right now: Who conducted a sneak attack on the U.S. dollar this week?
It began with a thinly sourced but highly explosive report Monday in a British newspaper: Arab oil sheiks are conspiring with the Russians and Chinese to quit using the dollar to set the value of oil trades — a direct threat to the global supremacy of the greenback

Asia steps in to support dollar

By Kevin Brown in Singapore, and Peter Garnham and Chris Giles in London
Published: October 8 2009
Asian central banks intervened heavily in the currency markets on Thursday to stem the appreciation of their currencies against the US dollar amid fears that their exports could be losing ground against China.
The mainly south-east Asian countries have been spurred to defend the competitiveness of their currencies by China’s decision to in effect re-peg the renminbi to the dollar since July last year…
http://www.ft.com/cms/s/1e894c54-b40f-11de-98ec-00144feab49a,Authorised=false.html?_i_location=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F0%2F1e894c54-b40f-11de-98ec-00144feab49a.html%3Fnclick_check%3D1&_i_referer=&nclick_check=1
And all the while…
Mr. Sinclair knows the Economy
In The News Today
Posted: Jul 22 2009     By: Jim Sinclair      Post Edited: July 22, 2009 at 8:52 pm
Dear CIGAs,
It is not if, nor when, nor is it beckoning, but is the fact of present time.
In the Fiscal sense the West is already ruined, will stay ruined and will not recover to even a part of its formal greatness.
Asia is on the rise and Africa will benefit from their thirst for raw materials. What a contrast to what was only five years ago. It is amazing how greed and ego has ruined what so many sacrificed so much for. Face the facts – for the West it is over. It would be even more obvious except for the fact that the West is so proficient at military science and industry.
The Fat Cats took it all, and now the regular guys have to pay for Wall Street’s gain. The OTC derivative problem is as bad as ever and hangs over the Western world like a vampire waiting to suck blood out of any being it can get its hands on.
There are more than a quadrillion reasons to be petrified. Sometimes I wish I did not understand these types of things…
http://jsmineset.com/2009/07/22/in-the-news-today-257/
Checking in with the States…

Detroit: Too broke to bury their dead

Money to bury Detroit's poor has dried up, forcing struggling families to abandon their loved ones in the morgue freezer.

By Poppy Harlow, CNNMoney.com anchor
Last Updated: October 1, 2009: 10:19 AM ET

DETROIT (CNNMoney.com) -- At 1300 E. Warren St., you can smell the plight of Detroit.
Inside the Wayne County morgue in midtown Detroit, 67 bodies are piled up, unclaimed, in the freezing temperatures. Neither the families nor the county can afford to bury the corpses. So they stack up inside the freezer.
Albert Samuels, chief investigator for the morgue, said he has never seen anything like it during his 13 years on the job…
http://money.cnn.com/2009/10/01/news/economy/_morgue/index.htm
And Internationally…
World Bank could 'run out of money' within 12 months
The World Bank is close to 'running out of money', its president, Robert Zoellick, has disclosed.
By Edmund Conway, Economics Editor in Istanbul
Published: 8:36PM BST 02 Oct 2009
World Bank president Robert Zoellick has launched a major campaign secure more funding from rich nations Photo: REUTERS
The Bank, whose job it is to support low-income countries, has had to hand out so much cash in the wake of the financial crisis that it faces a shortfall in what it can spare for new projects within 12 months…
Some of the Big Boys aren’t handling the pressure of the “transition time” very well, it seems…
Former Beneficial CEO Finn Caspersen Dies in Apparent Suicide
By Michael Moore and Phil Milford
Sept. 9 (Bloomberg) -- Finn M.W. Caspersen, the former chairman and chief executive officer of Beneficial Corp., was found dead from an apparently self-inflicted gunshot wound to the head, authorities said. He was 67.
Police, responding to a call to check on him, found Caspersen on Sept. 7 behind an office building in the Shelter Harbor community of Westerly, Rhode Island, where he owned a home, said spokesman Edward St. Clair. He died from a single gunshot wound, the medical examiner said…
http://www.bloomberg.com/apps/news?pid=20601087&sid=aXX9.46XaVU0
Another One Bites The Dust…

James S. McDonald, CEO of Rockefeller & Co., dead in apparent suicide at 56

Sam Gustin
Sep 15th 2009 at 10:40AM
James S. McDonald, the CEO of money-management firm Rockefeller & Co., died Sunday from an apparently self-inflicted wound. McDonald, who also sat on the board of the NYSE Euronext, the giant stock exchange, was 56 years old. In a statement obtained by the Wall Street Journal Monday night, Barclay McFadden III, who called himself a friend of McDonald's family, said McDonald "took his own life," and said the family would have no further comment.


Being a Finance CEO in a time of collapse is a hazardous job these days

McDonald's apparent suicide came less than one week after Finn M. W. Casperson, the former chairman and CEO of Beneficial Corp. and another prominent financial figure, was found dead from a single, self-inflicted gunshot wound to the head near his own home in Westerly, Rhode Island…


No worries… they have a solution to all of this…
"In the next century, nations as we know them will be obsolete; all states will recognize a single, Global Authority. National sovereignty wasn't such a great idea after all."
- Strobe Talbot, President Clinton's Deputy Secretary of State, Time Magazine, July 20th, l992
Countries Calling for Global Government in 2009

World leaders call for a New World Order (Global Government/Currency)

These are just a few examples
There are hundreds more.

Obama (video)
http://www.youtube.com/watch?v=0CV8Xt2VWvc

The European Union (video)
http://www.youtube.com/watch?v=a7D21rPpBrk

Pope
http://www.disinfo.com/content/story.php?title=Pope-Joins-Calls-New-World-Order

http://www.guardian.co.uk/world/2009/jul/07/pope-new-political-financial-order


Iran
http://www.presstv.ir/detail.aspx?id=85972&sectionid=351020101

Brasil
http://endtimespropheticwords.wordpress.com/2009/06/26/brazilian-president-calls-for-new-world-order/

Russia
http://www.infowars.com/medvedev-russia-call-for-new-world-order/
UK
http://www.telegraph.co.uk/finance/financetopics/recession/3414946/Gordon-Brown-calls-for-new-world-order-to-beat-recession.html

UK again
http://jonesreport.com/article/04_09/31brown_nwo.html

Egypt
http://english.cri.cn/6966/2009/07/12/1721s500738.htm

France
http://cryptogon.com/?p=1377

Kissinger
http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=86229

Australia
http://www.opednews.com/populum/link.php?id=81621

Baha'i
http://www.onecountry.org/oc72/oc7201as.html

Georgia
http://www.huliq.com/66212/saakashvili-calls-new-world-order
Emerging Nations
http://www.ibtimes.com/articles/20090616/emerging-nations-call-world-order-summits.htm

Gorbachev
http://www.lifesitenews.com/ldn/2004/oct/04100601.html

Germany
http://www.lifesitenews.com/ldn/2004/oct/04100601.html

China
http://abcnews.go.com/International/story?id=7156932&page=1

India
http://ibnlive.in.com/news/india-wants-due-place-in-new-world-order-pm/96633-2.html


Blair
http://www.lewrockwell.com/barnwell/barnwell9.html

----------------------------------------------------------------------------------
Global Currency

China
http://www.bloomberg.com/apps/news?pid=20601087&sid=aLpv3.MFL1Oc

European Union
http://www.washingtonpost.com/wp-dyn/content/article/2008/10/16/AR2008101604020.html?hpid=sec-world

Asia
http://en.wikinews.org/wiki/Asian_countries_call_for_global_currency

Russia
http://www.reuters.com/article/usDollarRpt/idUSLG37021520090616

http://www.stormfront.org/forum/showthread.php?t=586627

http://www.themoscowtimes.com/article/600/42/375364.htm

E.U. (video)
http://www.youtube.com/watch?v=wFs99zBTRO0
And that’s the Endgame.
Scrump
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 Since I started this Newsletter, I've had many tell me that the Info is Important, and that they're using it.
If that's the case and it's proving useful, then know that every edition (eventually), as a resource, is now available HERE
http://scrumpthetexan.blogspot.com
as well as in the attached What’s Happeningnew.doc that accompanies each Newsletter.
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God Bless You.
Do you believe what you see on TV?
Have you ever seen the movie “Wag The Dog”?
Would you believe me if I told you that CNN, “The Most Trusted Name in News”,
FAKED coverage of The First Gulf War?
No?
Watch This…

CNN’s Hoax on America


This "What's Happening" series of emails is something I'm putting together (most) each day to shed light on things not normally heard on TV.
If you want to be taken off the email list, let me know.
If you think any of this is important, spread it around.
Scrump