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Oct 6, 2010

Global Debt Has Already Increased By 150% In Just Two Years


The U.S. isn't the only nation adding government debt at a torrid pace. Europe is, Japan is, and actually many smaller economies are as well. Most nations around the world enacted some form of stimulus spending after the financial crisis and this chart below from Societe Generale shows the net result.
Global debt has increased by 150% in just two years, and the firm forecasts that the situation could potentially get far worse (see the red dotted line), depending on the actions of developed nations. If anything, this chart shows how developed nations have become the world's basket case economies, while emerging markets have managed to keep debt under control.


Chart
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Related: Are We Looking at Trillion-Dollar Annual Interest Payments on U.S. Debt?

IMF Says Nearly $4 trillion of Bank Debt Will Need to be Rolled Over in the Next 24 Months


NATO Members Spend $900 Billion A Year On Military

Supply Blockade In Seventh Day As Another NATO Convoy Destroyed

Xinhua News Agency
October 6, 2010

Supply blockade enters 7th day as NATO tankers sabotaged once again
By Syed Moazzam Hashmi

ISLAMABAD: Dozens of NATO supply oil tankers were sabotaged to ashes Wednesday in southwest Pakistan, as the imposed blockade of vital supplies to U.S.-led multinational forces in Afghanistan entered the 7th day, amid heightening tension between Washington and Islamabad.

At least one driver was killed as some 20 NATO oil tankers were attacked by unknown gunmen early Wednesday morning near Quetta, a city in southwest Pakistan.

It was the fourth terrorist attack since the first one on Friday that burnt over 30 NATO oil tankers in Shikarpur in southern Sindh province. Two tankers were destroyed in Balochistan the same day. Another two dozen tankers were set ablaze early Monday morning in the garrison city of Rawalpindi near the Pakistani capital Islamabad.

Thousands of NATO supply oil tankers and container trucks are lined up, vulnerable to terrorist attacks in different parts of Pakistan. The country blocked these convoys from entering into Afghanistan on Friday following the violation of Pakistani airspace a day earlier by NATO helicopters that left three Pakistani paramilitary troops dead at a checkpoint near the Pakistan-Afghanistan border in the northwest.

"There is no time frame," Pakistani Foreign Office spokesman Abdul Basit told Xinhua in an exclusive interview on Tuesday regarding the blockade of supplies to over 140,000 multinational NATO troops fighting an insurgency in Afghanistan since the ouster of the Taliban government in 2001.

Outlawed Tehrik-e-Taliban Pakistan (TTP) claimed responsibility for the Shikarpur and Rawalpindi attacks on NATO trucks, promising more attacks in retaliation to the violation of Pakistan's sovereignty by NATO gunship helicopters.

Pakistani Taliban spokesman Azam Tariq in a telephone call to media on Saturday said, "We will never allow a supply line which is taking ammunition for NATO forces to be used against the Afghan Taliban."

Despite the Pentagon's Tuesday statement that the blockade "has not in any way adversely impacted our ability to supply our forces," media reports suggested that tension mounts between Islamabad and Washington over the issues amid hopes that it would be resolved soon.

The situation would damage U.S. and NATO's strategic relations with Pakistan, a frontline ally in the U.S.-led war on terror, which has been fast spreading into Pakistan from Afghanistan during the past few years.
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"Pakistan has communicated very clearly and explicitly to all friends and allies that such incursions are unacceptable," Basit told Xinhua, adding "we'll not bear them under any circumstances."

The coalition forces' limited supplies are being airlifted via a leased airstrip in Manas, Kyrgyzstan and shipped through northern supply routes that are expensive and would become far more difficult in the approaching freezing winter in Central Asia.

"We stopped supplies for security reasons," Basit said, adding "and as soon as these concerns are addressed supply will be restored."

On the other side, a new White House assessment unveiled by U.S. media concludes that Pakistan has been unwilling to aggressively pursue Al-Qaeda and Afghan Taliban militants in its North Waziristan tribal area, making the situation more complex.
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NATO contracted trucks carry over 70 percent of an "all kinds" of "customs inspection and tax free" supplies and 40 percent of its oil needs from the southern port city of Karachi to Afghanistan. They enter Afghanistan from two points including Chaman in southwest Balochistan and Torkham in the northwest Khyber Pakhtunkhwa, both insurgency-plagued provinces.
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[WTF] Out of Control LISTEN TO THIS TERRIFYING 911 CALL of Thugs Hired by JPMorgan Chase Breaking Down a Door

From ZeroHedge:
This comes in from Matthew Weidner...

God help us all...

LISTEN TO THIS TERRIFYING 911 CALL - BANK BREAKING DOWN A DOOR!

The banks and institutions that now run this country are running absolutely wild and out of control.
They do not fear judges or law enforcement.
They do not fear any law.
They do not need permission to kick down your front door, steal what they want and throw everything else into the streets.
As one of the owners of a company who specializes in “securing” or “winterizing” properties was recently quoted in the Palm Beach Post said, “Lawsuits don’t phase us anymore.”
I WANT ALL OF AMERICA TO WATCH THE ATTACHED NEWS STORY AND LISTEN TO ALL TEN MINUTES OF THE ATTACHED 911 PHONE CALL.
HEAR THE TERROR IN THIS WOMAN’S VOICE.
THIS WOMAN WAS NOT IN FORECLOSURE.
THIS WOMAN’S HOME WAS IN PERFECT, PRISTINE CONDITION.
SHE WAS RELAXING COMFORTABLY ON HER COUCH WHEN A BURGLAR CAME KICKING DOWN HER DOOR.
IT WAS A BURGLAR HIRED BY THE BANK BREAKING DOWN HER DOOR.
WATCH THE VIDEO BELOW
foreclosure-911

telephone-weidner
This is what this country has become people and no one seems to care about it anymore.  I truly fear that all hope is lost.  These lenders have absolutely no right to do what they are doing yet neither law enforcement nor judges care to do anything about this terrifying phenomena.
Please find and share with me stories such as this. The only hope we have of turning this around is getting the word out there and hoping that our press picks up on these stories.
Please forward this to Realtorsattorneys and activists.  No bank has any right to come onto any person’s property and they certainly do not have any right to kick down a person’s door unless and until they have an Order from a judge.
For more about Matt you can check out his blog here...
For more on this phenomenon we call "Trashed Out" see the links below...
What stops them from YOU being their next "mistake"?
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4closureFraud.org

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This type of thing is getting way out of hand as I have linked below.
Actually, in my opinion, it is a lot worse than can be imagined because most “incidents” go unreported.
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Jack Booted Thugs Kicking Down Doors, You May be Next – Lawsuits Say Banks Changing Locks of Distressed Homes Before Foreclosures are Filed

Posted by Foreclosure Fraud on September 19, 2010 ·
This violation of everything needs to stop and it needs to stop now. I can see the next stage of this warfare in where people living in these homes, that these thugs are criminally breaking into, shooting the intruders and killing them dead… How will the “authorities” handle the situation? Will it be a homeowner … Read more
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Now I am PISSED – Disabled Vet Evicted, Home Trashed Out, Property Stolen By Jack Booted Thugs

Posted by Foreclosure Fraud on September 19, 2010 ·
Harris said he received a notice on Tuesday that he would be evicted on Thursday ~ “He (banks attorney) was just outright nasty with it,” Harris said. “He just said, ‘Get a room, put your stuff in storage, buy the house and then move back in.’” ~ “I’m a about to burst into tears right … Read more
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BUYER BEWARE! The Foreclosure StormTroopers ARE Coming To Break Down YOUR Door!

Posted by Foreclosure Fraud on August 22, 2010 ·
No joke, above or below… And it does not matter if you are facing foreclosure or not! This type of thing is getting way out of hand as I have Link – reported on many many times. Actually, it is a lot worse than can be imagined because most “incidents” go unreported. Again, as I … Read more
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Bank of America – Confiscating Homes They Don’t Own – BofA Attempts Foreclosure on Current Loan They Do Not Own

Posted by Foreclosure Fraud on July 20, 2010 ·
Well this is surprising… MORTGAGE MELTDOWN Frustration with banks reaching boiling point Errors, inaction, morass of red tape vex homeowners trying to fend off foreclosure proceedings — and may end upcosting taxpayers billions Kent Porter /PD Keith and Julie Hanover of Kenwood hired a lawyer to help them with the nightmare of saving their home … Read more
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Trashed Out – Foreclosures Go Wrong as Lenders, Cleanup Crews Cut Legal Corners

Posted by Foreclosure Fraud on June 7, 2010 ·
Who woulda thunk… Some Michigan residents have returned home to find their windows broken, houses ransacked and valuables missing. Not from burglars, but overzealous mortgage lenders and their trash-out teams: unlicensed crews hired to clean out and secure property during foreclosures. Lawsuits filed across Michigan and the nation paint an ugly picture of impersonal foreclosures … Read more
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BOA, aka Bank of America, Tries to Rape and Pillage a PAID IN FULL Home AGAIN!!!

Posted by Foreclosure Fraud on May 26, 2010 ·
I have had enough of this shit, haven’t you? Homeowner – “I Honestly Felt Like Bank of America was Trying to Steal my Property” Lets see, how many times have I posted about BOA and other “lenders”  “Trashing Out” <– Link, homes this year? Hmmm? Sorry, I ran out of fingers… Here is an extra … Read more
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Trashed Out – Evicted Tenants See Belongings Stolen on Video “I Can’t Watch Any More”

Posted by Foreclosure Fraud on May 14, 2010 ·
Video WLKY Investigates: Evicted Tenants See Belongings Stolen Thieves Pilfer Family Possessions After Renters Displaced By John Boel/WLKY LOUISVILLE, Ky. – About 3,300 times last year in Jefferson County, crews moved in to carry out court-ordered evictions or foreclosures.The scenes are sad, and the landlords are mad because they’re often owed a lot of money, … Read more
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Trashed Out – BOA Does it Again – Bank of America Attempt to Foreclose on Wrong Home Averted

Posted by Foreclosure Fraud on May 4, 2010 ·
Reported by: Jackie Callaway Email: jcallaway@abcactionnews.com Last Update: 4/30 8:14 am Bank attempts foreclosure on wrong home SARASOTA, Fl — Neighbor Scott Mondro started asking questions as soon as he spotted the stranger drilling holes in his neighbor’s door.  Turns out the guy with the hardware was representing Bank of America. Scott Mondro shares the … Read more
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Trashed Out – Deutsche Bank Acts Like Paid Off Home is a Foreclosure – Broke Down Doors, Changed Locks, Stole Belongings along with the Home Owners Sense of Security

Posted by Foreclosure Fraud on April 26, 2010 ·
Only in America… WoodTV.com “All kinds of things were taken — from a dining room set to the American flag mounted outside the home.” Bank acts like home is a foreclosure Rick and Sherry Rought (April 25, 2010) Gowen couple files lawsuit against Deutsche Bank By Megan Stembol GRAND RAPIDS, Mich. (WOOD) – A Gowen … Read more
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Trashed Out – Again and Again and Again and Again Bank of America at it AGAIN – Bank Wrongly Repossessed Home and Stole Pet Parrot

Posted by Foreclosure Fraud on March 9, 2010 ·
From the Home Equity Theft Reporter Woman says Bank of America wrongly repossessed home Tuesday, March 09, 2010 By Sadie Gurman, Pittsburgh Post-Gazette A Hampton woman is suing Bank of America, saying one of its contractors wrongly repossessed her home, padlocked the doors, shut off the utilities, damaged the furniture and confiscated a pet parrot, … Read more
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Bank of America at it AGAIN! Central Florida Couple Faces Foreclosure Despite Having Proof That All Mortgage Payments Were Made

Posted by Foreclosure Fraud on January 28, 2010 ·
Roger Wilsford and Teresa Stamey are about to lose their mobile home to foreclosure. Wilsford said he’d been paying his monthly payments of $762 to mortgage company Taylor, Bean and Whitaker, but last August it went into bankruptcy and he didn’t know it. “Still, you know, I’d get a bill from Taylor, Bean and Whitaker, …Read more
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Trashed Out – This is Getting Ridiculous – Iraq Homecoming Spoiled After Bank of America Forecloses On Wrong Home AGAIN!

Posted by Foreclosure Fraud on January 21, 2010 ·
Pattern Here Folks??? Bay State Couple Says Bank Took Possession Of Wrong Home In Florida BOSTON — A Massachusetts couple says their son’s homecoming from Iraq was spoiled when Bank of America/Countrywide foreclosed on their Florida home, which they owned free and clear, according to a lawsuit. Homeowner Charlie Cardoso, of New Bedford, was shocked … Read more
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Trashed Out – Lawsuit Accuses Bank of America of Seizing Wrong House

Posted by Foreclosure Fraud on January 10, 2010 ·
Here we go again… By Laura Elder The Daily News Published January 10, 2010 GALVESTON — A West End property owner is suing Bank of America Corp., asserting its agents mistakenly seized a vacation house he owns free and clear, then changed the locks and shut the power off, resulting in the smelly spoiling of …Read more
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“Trashed Out” Another Person Claims Theft in Foreclosure Mistake

Posted by Foreclosure Fraud on December 26, 2009 ·
HENDERSON, Nv. – Imagine coming home and finding out your key no longer works and some of the things in your house are gone. That’s what one Henderson man says happen to him, and like other reports in recent days, the homeowner says it’s because of a mix up by a real estate agent securing … Read more
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“Trashed Out” Las Vegas Woman Victim of Foreclosure Mistake

Posted by Foreclosure Fraud on December 21, 2009 ·
This madness needs to stop. It’s one thing for these pretender lenders to take properties through illegal foreclosures. Now they are maliciously breaking and entering into any homes they wish with disregard of the laws. No better than common criminals… December 21, 2009 LAS VEGAS –  A Las Vegas woman says she is the victim … Read more
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Corporate America pays price for arrogance in taking family’s home

Posted by Foreclosure Fraud on October 21, 2009 ·
Now their Attorney Claims Woman is Inflating her Loss… Really? Updated December 22, 2009 It does not matter what was in the condo. No matter how rich or poor. It is their personal belongings that were unrightfully, illegally taken from them. Even if it was just a keepsake of a family member, a simple trinket … Read more

James Turk: "Keep accumulating physical gold and silver, regardless of the price. End game is near"


Abomin Administration Pressures ISPs To Censor WWW Free Speech

Department of Justice would have power to shut down "unlawful content," which according to their own definition includes political free speech
Paul Joseph Watson - Prison Planet.com
Wednesday, October 6, 2010
The Obama Administration IP Czar Victoria Espinel has been holding meetings with ISPs, registrars, payment processors and others in a bid to get them to block access to websites “dedicated to infringing activities”. However, as we have documented, the government deems such infringement to include political opinions which are antagonistic toward the state, leaving the door open for state censorship of free speech on the world wide web.   Read all

Bad Cop News of the day: Two Cops Accused of Robbing Undercover Officer

David Chang
NBC Philadelphia
October 5, 2010

Two Philadelphia police officers have been charged with criminal conspiracy, robbery, kidnapping, unlawful restraint, false imprisonment, theft, and other related charges, according to officials.
Sean Alivera, 31, and Christopher Luciano, 23, allegedly robbed a supposed drug dealer of 20 pounds of marijuana with a street value of $24,000 as well as $3,000 in cash. It turns out that the man they thought was a drug dealer was actually an undercover officer.
Authorities also believe that the two planned to have the drugs redistributed on the street by an un-named drug dealer.

The Prison Industry In The United States: Big Business Or A New Form Of Slavery?




From Connecting the Dots in the New World Order:


Human rights organizations, as well as political and social ones, are condemning what they are calling a new form of inhumane exploitation in the United States, where they say a prison population of up to 2 million - mostly Black and Hispanic - are working for various industries for a pittance. For the tycoons who have invested in the prison industry, it has been like finding a pot of gold. They don't have to worry about strikes or paying unemployment insurance, vacations or comp time. All of their workers are full-time, and never arrive late or are absent because of family problems; moreover, if they don't like the pay of 25 cents an hour and refuse to work, they are locked up in isolation cells.

"The private contracting of prisoners for work fosters incentives to lock people up. Prisons depend on this income. Corporate stockholders who make money off prisoners' work lobby for longer sentences, in order to expand their workforce. The system feeds itself," says a study by the Progressive Labor Party, which accuses the prison industry of being "an imitation of Nazi Germany with respect to forced slave labor and concentration camps".'
Read more...


To see how this is going to be implemented here in the UK see here...

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Related: 




Congress looks at laws that criminalize non-criminal behavior

The CCTV vigilantes: Snoopers paid to sit at home watching store security cameras

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Protect Your ASSets: Buy Gold or Silver NOW - If you wait you will be late.
(He who panics first, just may salvage something.