The Obama Lies
Gotta Love OBAMA LIES!!!!!!
Gotta Love OBAMA LIES!!!!!!
KABUL – Afghanistan’s Taliban
mocked the award of a Nobel Peace Prize to U.S. President Barack Obama on Friday, saying he should get a Nobel Prize for violence instead.
Taliban spokesman Zabihullah Mujahid said it was absurd to give a peace award to a man who had sent 21,000 extra troops to Afghanistan to escalate a war.
“The Nobel Prize for peace? Obama should have won the ‘Nobel Prize for escalating violence and killing civilians’,” he told Reuters by telephone from an undisclosed location.
“When Obama replaced President Bush, the Afghan people thought that he would not follow in Bush’s footsteps. Unfortunately, Obama actually even went one step further.”
In awarding the Nobel Prize to Obama, the Norwegian Nobel Committee
said he had “created a new climate in international politics” and praised his promotion of multi-lateral diplomacy and advocacy for arms control.
“For 108 years, the Norwegian Nobel Committee has sought to stimulate precisely that international policy and those attitudes for which Obama is now the world’s leading spokesman,” it said.
Continuing Bush strategy
Obama ordered 21,000 extra troops to Afghanistan this year, continuing a strategy of dramatically ramping up forces that began in the final months of the presidency of his predecessor, George W. Bush.
There are now more than 100,000 Western troops in Afghanistan, two-thirds of them American. In July, thousands of newly arrived U.S. Marines launched the biggest offensive of the 8-year-old war.
The United Nations says 1,500 civilians have died so far this year, with insurgents killing three times as many as Western and government forces.
The new commander of U.S. and NATO forces in Afghanistan, Gen. Stanley McChrystal, has asked for 40,000 more troops to implement an overhauled counter-insurgency strategy.
The White House is still deciding how to respond, and Obama has described himself as a skeptical audience for the case.
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.
“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.”
Lekas said although Monday’s ISM services index was “neutral,” the unemployment number was at 785,000 last month and that number is expected to worsen.
Read entire article
The U.S. Federal Reserve on Tuesday proposed tough new credit card rules to protect consumers from potentially costly practices by lenders and moved to implement legislation enacted in May.
“This proposal is another step forward in the Federal Reserve’s efforts to ensure that consumers who rely on credit cards are treated fairly,” said Fed Board Governor Elizabeth Duke said in a statement.
The proposals, issued for public comment, represent part of the Fed’s implementation of the Credit Card Act, which was signed into law by President Barack Obama in May.
The Fed adopted final rules prohibiting unfair credit card practices in December 2008. The proposals released on Tuesday amend those regulations to incorporate provisions in the new credit card law.
“The rule bans several harmful practices and requires greater transparency in the disclosure of the terms and conditions of credit card accounts,” Duke said.
They would protect consumers from unexpected increases in credit card interest rates by generally prohibiting a rate rise in the first year after an account is opened, and increases in a rate that applies to an existing car balance.
They would also prohibit creditors issuing a card to anyone under the age of 21 unless the borrower has either the ability to make the required payment, or has the signature of a parent or other co-signer who has the means to do so.
In addition, the proposed rules would mean a consumer’s consent would be needed before creditors could charge fees for transactions that exceed the credit limit, and curb fees linked to subprime cards for consumers with risky credit.
They would also ban “two-cycle” billing methods, where a creditor raises an interest rate and charges the higher rate for a customers’
This kind of make me tear up (no pun). It’s sad to see people being treated this way because they want to protest peacefully. In what direction is this country heading?

In a real-life version of CSI, the city’s gumshoes will soon be able to peer into the soles of suspects by using technology to track their every step at the scene of a crime, Mayor Bloomberg announced yesterday.
“One out of every seven crime scenes contains impressions from footwear which sometimes can be just as specific as a fingerprint,” the mayor said while accepting the endorsement of four police unions — detectives, captains, lieutenants and sergeants — in Foley Square.
Bloomberg said the NYPD would soon create a “footwear recognition database” capable not only of tracing specific kinds of footwear but also of analyzing the wearer’s walking pattern.
“Even if a person did throw away their shoes you could tell that by looking at their other shoes,” said Brian Mahanna, a Bloomberg campaign policy analyst.
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“The entire federal government,” laments Congressman Ron Paul in his newest book, End the Fed, “is one giant toxic asset at the moment. It certainly has no business telling the private sector how to run its affairs. It is in worse financial shape than all the companies in the private sector put together.”
Hard words, but Congressman Paul knows whereof he speaks. It was Ron Paul, unique among congressmen for his understanding of how a free-market economy is supposed to work, who warned repeatedly of the coming economic calamity. It was Ron Paul, too, who warned both the Bush and Obama administrations that attempts by the government to bail out failing corporations with taxpayer dollars and passing massive stimulus packages would only make things worse. And it has been Ron Paul who has warned of disastrous long-term consequences of the inflationary activities of the Ben Bernanke-led Federal Reserve.
Chinese news websites have implemented new rules stating that all users have to register their true identities before allowing them to post comments.
Such internet regulations have often been rejected by internet companies and sites due to privacy issues and the fact that many people often wish to post comments under anonymity, but China’s online population is heavily policed and any political debate is heavily clamped down upon.
Last year, the Chinese government tried to introduce a censorship software called Green Dam, that was to be installed on all PCs sold in the country. It turned out to be a massive failure with the proposal being widely condemned by the online community and heavy lobbying by manufacturers. As a result, the new guidelines from Beijing are their latest attempt to suppress free speech online.

Some investors were also seeing the spike in gold as a warning signal to stock market bulls and were fretting about the result of central banks and governments pumping billions of dollars into banking systems to boost growth.
Spot gold rose to $1,007.45 an ounce, its highest since March 2008, when bullion touched the $1,030.80 record. It was trading at $1,001.75 an ounce by 1442 GMT (10:42 a.m. EDT), after briefly dipping below $1,000, and versus $993.85 an ounce late in New York on Monday.
U.S. gold futures for December delivery rose to $1,009.4 an ounce, before easing to $1,006.80 an ounce, versus Friday’s close at $996.70 an ounce before the U.S. long weekend.
“Gold’s probably the most technically traded financial instrument in the world,” analyst David Thurtell at Citigroup in London.
“Where can it go? If it closes through $1,010 and plus tonight, you’d have to think there would be a lot of very nervous shorts around that are getting close to covering, and then it really could pop and go up another $50 quite quickly,”
For a technical story on gold, see and for a snap analysis on gold’s price prospects, see
But the sustainability of the precious metal’s rally above $1,000 an ounce, which also helped boost palladium and silver to 2009 highs, was in question.
UBS analyst John Reade said in a note to clients that gold options had moved sharply after breaking through $1,000.
“Today’s move in implied volatility suggests…that a scramble for upside gold options could lead the spot gold price higher,” he said.
“We are unconvinced that all the ingredients are in place for a sustained surge higher in gold,” he added.
Implied volatility is a measure of demand for options, which investors use to take advantage of, or protect themselves against, sharp movements in spot rates.
Spot gold has now made three attempts to rise and stay above $1,000, including Tuesday’s push. The market stayed above the key level for one day in February this year and three days in record-setting March 2008.
SUSTAINABLE?
Despite gold hitting $1,000, it is far from an inflation-adjusted record, which analysts at GFMS have put as high as $2,079 per ounce.

Iran has charged that Washington provided forged intelligence to the UN nuclear watchdog claiming that Tehran studied how to make atomic bomb, as world powers pressured the Islamic republic to resume talks on its nuclear drive.
Iranian state news agency IRNA quoted a top Iranian official on Saturday as saying the International Atomic Energy Agency (IAEA) had been given documents by Washington that lacked credibility.
“The government of the United States has not given authentic documents to the agency because it does not actually have any credible documents and all those documents are forged,” Ali Asghar Soltanieh, Iran’s envoy to the IAEA said in a letter to the agency’s chief Mohamed ElBaradei, according to IRNA.
“Considering that there are no authentic documents on these alleged studies, there is no credible evidence of link between such forged claims and Iran … This issue should be closed.”
In a poll taken by KSL.com in their article – School districts cautious ahead of Obama speech to students, 42 percent of parents in Utah want their schools to opt out or keep their children home during President Obama’s speech.
If this video is shown in your children’s school, would you?
1. Let them watch it – 58% (418)
2. Opt out, if available – 22% (159)
3. Keep home from school – 20% (145)
Total Votes: 722
According to Fox News, concern arose when one of the lesson plans was released. The lesson plans stated, students in pre-kindergarten through grade 6, are suggested to “write letters to themselves about what they can do to help the president.” After the speech students are supossed to discuss what, “the president wants us to do.”
After much controversy, the White House changed their lesson plans for children to “write letters to themselves about how they can achieve their short-term and long-term education goals. These would be collected and redistributed at an appropriate later date by the teacher to make students accountable to their goals.”
Some school districts are not allowing parents to opt-out.
At least one school district, Tempe Elementary School District No. 3 in Arizona, is not permitting parents to pull their children out of class during Obama’s speech.
“I have directed principals to have students and teachers view the president’s message on Tuesday,” Superintendent of Schools Dr. Arthur Tate Jr. said in a statement Thursday. “In some cases, where technology will not permit access to the White House Web site, DVDs will be provided to classes on subsequent days. I am not permitting parents to opt out students from viewing the president’s message, since this is a purely educational event.”
Oklahoma State Senator Randy Brogdon is concerned, “President Obama has shown time and time again that he has little regard for the Constitution or our founding principles… President Obama seems intent on bypassing the parents to speak to the children directly, I don’t like that, it’s just one step too far.”
Is Senator Brogdon’s concern valid? This week, President Obama’s Green Job Czar, Van Jones, explains the incremenatlist strategy of the Obama administration. While speaking about Green Jobs, Jones states that you cannot appear too radical at the beginning of any movement. In other words, in order not to alarm people, “You have to pursue these same steps in stages.”
Larger concern revolves around what the full agenda is in all this? In April, president Obama signed into law the “Serve America Act.” The law uses 1.1 billion dollars to increase the membership in AmeriCorp from 75,000 to 250,000 children by the year 2017.
What is the role of AmeriCorp? If the idea were to create a civilian stasi type security force, Van Jones reminds us that it would be done in incremental steps. Evidence already points towards these civilian security forces being used for law enforcement duties
In his article, Homeland Defense: The Pentagon Declares War on America, Frank Morales writes,
“In the wake of 9/11, CNCS (Corporation for National and Community Service) was fully integrated into “homeland defense efforts”. In March 2002, the Corporation issued a “notice of availability of funds to strengthen communities and organizations in using service and volunteers to support homeland security.” With an emphasis on “public safety” and “freeing up police time”, the grants offered under the announcement “are to assist communities in getting involved in the war against terrorism on the home front.” In the area of “public safety” the grants “will help provide members to support police departments…in tasks and other functions that can be performed by non-sworn officers.” Now mind you, the volunteers “are not armed, nor can they make arrests, but they carry out vital tasks including organizing neighborhood watch groups…” They also “organize communities to identify and respond to crime and disorder problems…”
Children do not have the knowledge of history or experience to understand what they are being drawn into. AmeriCorp and City Year pray on children’s innocence in the same way John Taylor Gatto states public schools do. “Schools teach emotional dependency. By stars, checks, smiles, frowns, prizes, honors, and disgraces, schools condition children to lifelong emotional dependency. It’s like training a dog. The reward/punishment cycle, known to animal trainers from antiquity, is the heart of a human psychology distilled in late nineteenth-century Leipzig and incorporated thoroughly into the scientific management revolution of the early twentieth century in America. Half a century later, by 1968, it had infected every school system in the United States, so all-pervasive at century’s end that few people can imagine a different way to go about management. And indeed, there isn’t a better one if the goal of managed lives in a managed economy and a managed social order is what you’re after.”
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