U.S. NAVY EVACUATES GULF

From Survivalistnews:


Under the guise of the “war on drugs” the U.S. Military is evacuating its ships and hardware from the Gulf of Mexico to safety off the sheltered coast of Costa Rica.
The “war on drugs” cover story is laughable being that we can’t even get that level of engagement on our border with Mexico where all the drugs come through.

The Navy is obviously worried about either poison from the methane/corexit 9500 mix or a massive methane explosion/tsunami. A tsunami fits with the NOAA blackout of the U.S. tsunami warning system. It also explains why BP is not actively cleaning up the oil on the beaches. Why clean them up if they are going to be gone.

On the 2nd July 2010 the Costa Rica Congress authorized the entry of 46 U.S. warships capable of carrying 200 helicopters and warplanes, plus 7,000 U.S. Marines “who may circulate the country in uniform without any restrictions” , plus submarine killer ships to the Costa Rican coast for “anti-narcotics operations and humanitarian missions between 1st July 2010 until 31st December 2010.
With this kind of nation destroying firepower, it gives real meaning to the expression “war on drugs”, but if this a real six month “war on drugs” we should expect to see some fantastic results, right? 

Politicians representing the Acción Ciudadana (PAC), the Unidad Social Cristiana (PUSC) and the Frente Amplio (FA) political parties opposed the measure saying that the destructive force of the ships, helicopters and 7,000 US Marines is “disproportionate for the fight against drug trafficking.”
On Sunday, the President of Costa Rica Laura Chinchilla said that the government does not intend to militarize the fight against drugs and the Minister of Public Security Jose Maria Tijerino stressed that this huge, powerful military force would be under the command of the US Coast Guard and not the US Navy.
Although I don’t suppose the Costa Ricans, the drug traffickers or we expats will notice the difference…
Another politician Francisco Chacón defended the arrival of the US forces saying that “they would give humanitarian support, build schools and fight against drug traffickers.”
If these 7,000 US Marines, 200 helicopters, warplanes and submarine killers are coming to Costa Rica to “give humanitarian support, build schools and fight against drug traffickers,” perhaps we could ask them to repair the new highway to Caldera? With that kind of manpower they could have it finished in a week.

Read Full Article Here: 46 US Warships Plus 7,000 US Marines On Route To Costa Rica?.

We are sending a war level force of 46 naval ships to stop drugs in Costa Rica which is roughly the size of Vermont with less coast line than Louisiana. Why has the mainstream media not mentioned this massive military buildup? Obviously it is not a buildup…it is an evacuation.
If you are in the gulf coast region you should consider evacuating.

Here is another article on the evacuation.

Here is a link to the military.com article

Obama’s Summer of Misery and Hardship Tour Hits the Road

by Kurt Nimmo - Infowars.com
July 10, 2010


Let’s put Lindsay Lohan’s fear of jail aside for a moment and turn to Obama’s Summer Recovery Tour 2010. Obama’s apparatchiks “will fan out across the country over the next few days to spread the message to voters about how effective their $787 billion recovery plan has been,” The Hill reported earlier this week. “Obama and the White House take comfort the economy is moving in the right direction. They point out that the economy has added jobs in six of the last seven months and stress that when Obama took office the economy was losing 750,000 jobs a month.”

	Like Hoover in 1932, Obama tells workers “Prosperity is just around the corner.”

Has it really? Less than a month ago Joe Bite Me said jobs have gone away and they are never coming back. Biden said “there’s no possibility to restore 8 million jobs lost in the Great Recession” and folks should get used to it. “We inherited a godawful mess,” he said and glibly added that there was “no way to regenerate $3 trillion that was lost. Not misplaced, lost.”
It wasn’t lost and Joe knows it. It was stolen. Trillions went directly to the banksters. They defiantly refused to tell Congress and the American people where it all went. In December of 2008, as the engineered Greatest Depression was gaining steam, the Federal Reserve refused a request by Bloomberg News to disclose the recipients of more than $2 trillion of “emergency loans” billed to future generations of American debt slaves.


In July of 2009, Fed mob boss Ben “Helicopter” Bernanke was grilled about this money disappearing act by Congressman Alan Grayson. Asked which European financial institutions received the money, which was handed out by The Federal Open Market Committee, a component of the Federal Reserve System, Bernanke responded, “I don’t know.”
Ben and Bite Me know where they money went. Well, maybe Bite Me doesn’t but Helicopter Ben sure does. It went into a black hole owned and operated by international bankers.
So, what about Joe’s commentary on lost jobs? It does not square up with Obama’s road tour rhetoric. A couple weeks ago the White House put out a Recovery and Reinvestment Act update claiming that between 2.2 million and 2.8 million jobs were either saved or created because of the stimulus as of March 2010. But even Obama’s wonks can’t seem to get the numbers right. Mostly because they make this stuff up as they go along.

Joe said jobs offshored to the slave gulag in China are never coming back.

Speaking at a trucking company outside Washington on June 4, Obama embraced the Labor Department’s new employment figures. Obama said the addition of 431,000 new jobs the previous month shows “the economy is getting stronger by the day.” But there is a big problem with this — most of the jobs cited by the anointed one were created by the Census Bureau and they are temporary.
It is all smoke and mirrors and like the Lindsay Lohan media circus designed to distract you. “Putting true numbers to the economic crisis is difficult because the government issues more flattering numbers than what the real America experiences,” writes Bill Sardi. “The Bureau of Labor Statistics says unemployment is around 15 million, or 9.7% of the workforce, but in reality, government numbers only reflect the short time period when people have recently been laid off of work and are seeking jobs or applying for unemployment.”
In fact, the real unemployment rate is around 21.7%, only a couple points off the level during the last engineered Great Depression. Add to this the sharpest decline in the M3 money supply since the 1930s banking crisis and you have all the ingredients for compounded misery and hardship, not only for the unemployed but for most of us.


Oh, and we should not ignore the fact the Dow Jones Industrial Average is repeating a pattern that appeared just before markets fell during the first scientifically created Great Depression. “Those who don’t remember history are doomed to repeat it,” Daryl Guppy, CEO at Guppytraders.com, told CNBC earlier this week. “There was a head and shoulders pattern that developed before the Depression in 1929, then with the recovery in 1930 we had another head and shoulders pattern that preceded a fall in the market, and in the current Dow situation we see an exact repeat of that environment.”


“Ee-gads! By two measures the economy is sinking, not growing. The stock market could tumble downward beyond belief, and all the pension plans, mutual funds and 401(k) plans with it,” warns Sardi. The first measure is a complete lack of economic growth as reflected by the GDP. If the GDP declines significantly two quarters in a row says Peter Morici of The Street, it will be gone for good. “Unemployment would rise into the teens, and the economy would sink into a depression — a deep and painful slump from which it cannot soon recover,” he writes.
Fraudulent banking, lending and hedging schemes brought us to where we are now, confronting the abyss. The corporate media likes to say it was the fault of greedy investment bankers and a destructive Me Generation ethos running wild on Wall Street. Joe Bite Me and the Obamaites blame the Bush administration. It’s all a distraction. Or willful stupidity.


The Obama Road Show will not be able to paper over the obvious facts with feel-goodism propped up by cooked stats. A second bail-out is not in the works. “Governments may not be able to repeat such a bailout in the event of a second crisis,” warns Businessweek. The bankster bank — the Nazi-founded Bank of International Settlements in Basel, Switzerland — has warned the Bank of England that repeating a bailout in the UK may very well be impossible.

	Don’t get any funny ideas about taking your complaints to the street during the Greatest Depression.

So, what to expect? Austerity. That’s why we are seeing a ramping up of the police state around the country and indeed around the world. It has nothing to do with al-CA-duh or homegrown patsies or even hurricanes and the disaster in the Gulf of Mexico. It has to do with pushing back the coming food riots. It’s about stopping angry mobs from burning down the banks and lynching the criminal banksters. There is a reason the partners at Goldman Sachs are packing heat.
The NSA is not vacuuming up phone calls, emails, and web destinations at an unprecedented rate in order to monitor feeble protests against the forever war in Afghanistan. The government is drawing up digital profiles on the real threat — those of us opposed to one world government and the impending police state slave grid. The DHS does not give a hoot about a foundation funded Code Pink or even Anarchists on Bikes. It is worried about “rightwing extremists,” that is to say folks who are determined to return the nation to a constitutional republic, dismantle the Federal Reserve, and arrest and put on trial the criminal banksters and their minions.
The three ring circus featuring Lindsay Lohan and LeBron James will lose its ability to distract as more people are thrown out of work and off the government unemployment “insurance” teat. Obama’s Road Show may placate a few Democrats in the short run and provide fodder for the talking head teleprompter readers on MSNBC and CNN, but it will not hide the 800 pound gorilla in the room — a massive, unprecedented economic depression of the likes never witnessed before.
_________________


More: Obama’s “jobs program”: Poverty wages and mass unemployment
and more: When Geithner Talks About Reducing the Deficit, He Means Steal from the Poor and Give to the Rich

The Financial Con Of The Decade Explained So Simply Even A Congressman Will Get It

Must read of the day, from Zerohedge, by Tyler Durden:


Sometimes, when chasing the bouncing ball of fraud and corruption on a daily basis, it is easy to lose sight of the forest for the millions of trees (all of which have a 150% LTV fourth-lien on them, underwritten by Goldman Sachs, which is short the shrubbery tranche). Luckily, Charles Hugh Smith, of oftwominds.com has taken the time to put it all into such simple and compelling terms, even corrupt North Carolina congressmen will not have the chance to plead stupidity after reading this.
Of course, to those familiar with the work of Austrian economists, none of this will come as a surprise. 

1. Enable trillions of dollars in mortgages guaranteed to default by packaging unlimited quantities of them into mortgage-backed securities (MBS), creating umlimited demand for fraudulently originated loans.

2. Sell these MBS as "safe" to credulous investors, institutions, town councils in Norway, etc., i.e. "the bezzle" on a global scale.

3. Make huge "side bets" against these doomed mortgages so when they default then the short-side bets generate billions in profits.

4. Leverage each $1 of actual capital into $100 of high-risk bets.

5. Hide the utterly fraudulent bets offshore and/or off-balance sheet (not that the regulators you had muzzled would have noticed anyway).

6. When the longside bets go bad, transfer hundreds of billions of dollars in Federal guarantees, bailouts and backstops into the private hands which made the risky bets, either via direct payments or via proxies like AIG. Enable these private Power Elites to borrow hundreds of billions more from the Treasury/Fed at zero interest.

7. Deposit these funds at the Federal Reserve, where they earn 3-4%. Reap billions in guaranteed income by borrowing Federal money for free and getting paid interest by the Fed.

8. As profits pile up, start buying boatloads of short-term U.S. Treasuries. Now the taxpayers who absorbed the trillions in private losses and who transferred trillions in subsidies, backstops, guarantees, bailouts and loans to private banks and corporations, are now paying interest on the Treasuries their own money purchased for the banks/corporations.

9. Slowly acquire trillions of dollars in Treasuries--not difficult to do as the Federal government is borrowing $1.5 trillion a year.

10. Stop buying Treasuries and dump a boatload onto the market, forcing interest rates to rise as supply of new T-Bills exceeds demand (at least temporarily). Repeat as necessary to double and then triple interest rates paid on Treasuries.

11. Buy hundreds of billions in long-term Treasuries at high rates of interest. As interest rates rise, interest payments dwarf all other Federal spending, forcing extreme cuts in all other government spending.

12. Enjoy the hundreds of billions of dollars in interest payments being paid by taxpayers on Treasuries that were purchased with their money but which are safely in private hands.

Charles' conclusion does not need further commentary as it is absolutely spot on:

Since the Federal government could potentially inflate away these trillions in Treasuries, buy enough elected officials to force austerity so inflation remains tame. In essence, these private banks and corporations now own the revenue stream of the Federal government and its taxpayers. Neat con, and the marks will never understand how "saving our financial system" led to their servitude to the very interests they bailed out.
The circle is now complete: in "saving our financial system," the public borrowed trillions and transferred the money to private Power Elites, who then buy the public debt with the money swindled out of the taxpayer. Then the taxpayers transfer more wealth every year to the Power Elites/Plutocracy in the form of interest on the Treasury debt. The Power Elites will own the debt that was taken on to bail them out of bad private bets: this is the culmination of privatized gains, socialized risk.
In effect, it's a Third World/colonial scam on a gigantic scale: plunder the public treasury, then buy the debt which was borrowed and transferred to your pockets. You are buying the country with money you borrowed from its taxpayers. No despot could do better.

As for part two of this epic con we are all living through, Charles explains as follows:
The Con of the Decade (Part II) meshes neatly with the first Con of the Decade. Yesterday I described how the financial Plutocracy can transfer ownership of the Federal government's income stream via using the taxpayer's money to buy the debt that the taxpayers borrowed to bail out the Plutocracy.

In order for the con to work, however, the Power Elites and their politico toadies in Congress, the Treasury and the Fed must convince the peasantry that low tax rates on unearned income are not just "free market capitalism at its best" but that they are also "what the country needs to get moving again."
The first step of the con was successfully fobbed off on the peasantry in 2001: lower the taxes paid by the most productive peasants marginally while massively lowering the effective taxes paid by the financial Plutocracy.
One Year Later, No Sign of Improvement in America's Income Inequality Problem:

Income inequality has grown massively since 2000. According to Harvard Magazine, 66% of 2001-2007's income growth went to the top 1% of Americans, while the other 99% of the population got a measly 6% increase. How is this possible? One thing to consider is that in 2001, George W. Bush cut $1.3 trillion in taxes, and 32.6% of the cut went to the top 1%. Another factor is Bush's decision to increase the national debt from $5 trillion to $11 trillion. The combination of increased government spending and lower taxes helped the top 1% considerably.

The second part of the con is to mask much of the Power Elites' income streams behind tax shelters and other gaming-of-the-system so the advertised rate appears high to the peasantry but the effective rate paid on total income is much much lower.

The tax shelters are so numerous and so effective that it takes thousands of pages of tax codes and armies of toadies to pursue them all: family trusts, oil depletion allowances, tax-free bonds and of course special one-off tax breaks arranged by "captured" elected officials.

Step three is to convince the peasantry that $600 in unearned income (capital gains) should be taxed in the same way as $600 million. The entire key to the U.S. tax code is to tax earned income heavily but tax unearned income (the majority of the Plutocracy's income is of course unearned) not at all or very lightly.

In a system which rewarded productive work and provided disincentives to rampant speculation and fraud, the opposite would hold: unearned income would be taxed at much higher rates than earned income, which would be taxed lightly, especially at household incomes below $100,000.

If the goal were to encourage "investing" while reining in the sort of speculations which "earn" hedge fund managers $600 million each (no typo, that was the average of the top 10 hedgies' personal take of their funds gains), then all unearned income (interest, dividends, capital gains, rents from property, oil wells, etc.) up to $6,000 a year would be free--no tax. Unearned income between $6,000 and $60,000 would be taxed at 20%, roughly half the top rate for earned income. This would leave 95% of U.S. households properly encouraged to invest via low tax rates.

Above $60,000, then unearned income would be taxed the same as earned income, and above $1 million (the top 1/10 of 1% of households) then it would be taxed at 50%. Above $10 million, it would be taxed at 60%. Such a system would offer disincentives to the speculative hauls made by the top 1/10 of 1% while encouraging investing in the lower 99%.

Could such a system actually be passed into law and enforced by a captured, toady bureaucracy and Congress? Of course not. But it is still a worthy exercise to take apart the rationalizations being offered to justify rampant speculative looting, collusion, corruption and fraud.
The last step of the con is to raise taxes on the productive peasantry to provide the revenues needed to pay the Plutocracy its interest on Treasuries. If the "Bush tax cuts" are repealed, the actual effective rates paid on unearned income will remain half (20%) of the rates on earned income (wages, salaries, profits earned from small business, etc.) which are roughly 40% at higher income levels.

The financial Plutocracy will champion the need to rein in Federal debt, now that they have raised the debt via plundering the public coffers and extended ownership over that debt.

Now the con boils down to insuring the peasantry pay enough taxes to pay the interest on the Federal debt--interest which is sure to rise considerably. The 1% T-Bill rates were just part of the con to convince the peasantry that trillions of dollars could be borrowed "with no consequences." Those rates will steadily rise once the financial Power Elites own enough of the Treasury debt. Then the game plan will be to lock in handsome returns on long-term Treasuries, and command the toady politicos to support "austerity."

The austerity will not extend to the financial Elites, of course. That's the whole purpose of the con. "Some are more equal than others," indeed.


h/t Andrew