Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Tuesday, November 25, 2008

Chief Judge Gets Away With Obama Donations

Utah"s chief federal judge won"t be disciplined for violating the Judicial Code of Conduct by making several contributions to Barack Obama"s presidential campaign.

Although Judge Tena Campbell violated Canon 7 of the Code of Conduct for United States judges, she will face no consequences for her unruly behavior. Judge Campbell, a Bill Clinton appointee, gave multiple donations of $100 and $200 to Obama"s campaign in mid 2007.

The Judicial Code specifically prohibits federal judges from making contributions to political organizations or candidates as well as demonstrative political activity. When a Utah newspaper broke the story in late October, Judge Campbell said she thought she was prohibited only from taking public action supporting a candidate and not from making donations.

Federal Election Commission disclosures of her Obama contributions list Judge Campbell"s profession as a lawyer and her employer the government. When the donations were made public by the media, the Obama campaign returned the money and the Tenth Circuit Judicial Council, which hears complaints against the region"s federal judges, launched an investigation.

In his decision not to take disciplinary action, Chief Judge Robert Henry acknowledges that Judge Campbell"s political donations were unethical but, at the time, she believed they were permissible. He further writes in the three-page ruling that Judge Campbell has agreed not to make similar contributions in the future and that she took Sappropriate voluntary corrective action that acknowledges and remedies the complaint.

The chief judge for the Tenth Judicial Circuit evidently bought an argument that many Americans may find tough to swallow; that a state"s top federal jurist, who spent years as a county and federal prosecutor before getting her lifetime bench appointment, truly didn"t know the rules that govern her prestigious job.



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Friday, October 10, 2008

Spreading NAFTA's Love Across The Atlantic

Canada and the European Union (EU) are set to begin preliminary discussions on deeper economic integration a mere three days after the election. It has been reported that the proposed trade deal will far exceed NAFTA. Some see this as an opportunity to possibly update the 15 year-old accord. Stephen Harper is busy telling Canadians that only a Conservative majority government will be able to bring confidence back and stabilize the economy. That is why I find it a little strange that this has not become a pillar of the Conservatives economic platform. Harper has decided not to release the full text of the draft proposal until after the election on October 14. The reality is that such an agreement with the EU will be no different than NAFTA in the sense that it will be used to further advance corporate interests.

For the past several months, Canadian officials have been hard at work negotiating with EU representatives. They have compiled a detailed study that will be unveiled after the election. Talks could begin as early as October 17 at a summit in Montreal , with formal negotiations set to begin in 2009. Just as the case with the Security and Prosperity Partnership (SPP) labour, citizen groups and the public at large have been excluded from any discussions. Many support this trade initiative because they wish to lessen Canada’s dependency on the American economy. This agreement has a better chance of succeeding if Harper is re-elected Prime Minister. There still remains much secrecy surrounding trade talks with the EU, and up to this point, Harper appears to be reluctant to make this an election issue.
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Thursday, July 17, 2008

The Miraculous World of Benny Hinn

One of the mega-star television evangelists recently placed under investigation by the Senate is Benny Hinn. Hinn is one of the more controversial celebrity evangelists due to many of his claims — that he has divine healing powers, that God will destroy the coastal U.S., and that corpses can be revived by having their hands placed on television screens during Trinity Broadcasting Network broadcasts. However, nothing tops his shockingly bizarre faith-healing/revivalist summits, held at gigantic arenas and amphitheaters across the country; Hinn causes thousands of spectators to faint by pointing at them, while others cry from the pain of invisible fire.



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[Source: Vidz King - Posted by WAR ON YOU]

History of Oil in the Middle East from WWI to the Present: Iran Eliminates the U.S. Petrodollar

On Sunday 17 February 2008 the first phase of Iran's oil and petrochemical bourse on Kish Island was inaugurated, paving the way for “all major currencies of the world” to be used in future oil transactions. Two months later, on April 30, Iran announced that they had “totally removed U.S. dollars in the country's oil transactions.”

To understand the significance of these events let’s take a look back at our history, starting with World War I. The following short video (2:08) recaps the events that resulted in Britain landing troops in Iran in 1914, and consequently occupying Iraq. A more detailed and glorified recollection of this part of our history can be witnessed through one of the greatest epic movies of all time, ‘Lawrence of Arabia’.


We fast-forward to the first attempt of Middle Eastern countries to free themselves of Western control of their resources with Iran in 1951, when the democratically elected president, Dr. Mohammed Mosaddeq, nationalizated Iran's oil industry. Unfortunately however, Western powers would not stand idly by while Iranians took control of their own resources, which is why in 1953 the CIA, following instructions from Britain, organized a coup against Dr. Mosaddeq and overthrew the government. This was a well documented event and general knowledge among all those who lived in the Middle East and Asia for decades, but was not well known in the West until the year 2000 when the United States government released documents on the operation, and apologized to Iran and its people for the devastation that it unleashed. The following short video (4:39) is a good introduction to this topic.







Let’s now discuss the purchasing power of the US dollar.

Since the end of the Second World War, the US dollar has become the international reserve currency. The need for countries to maintain US dollar reserves was solidified in 1974 during the Nixon administration, when negotiations with Saudi Arabia assured that the oil would only be sold in US dollars, and surpluses from oil proceeds would be invested in U.S. Treasury Bills. In return the US would militarily and economically protect the Saudi regime. Since that time, US dollars have dominated world markets - until the year 2000 that is.

The following article, “The Real Reasons for the Upcoming War With Iraq”, which was written before the US invasion of Iraq, lays forth an argument that the war in Iraq was not just about oil but about the currency in which oil is traded. It is mandatory reading for anyone who wants to understand the basic concepts of American foreign policy, economics, and its military operations around the world. This article states that the principle reason why the United States invaded Iraq was because Saddam Hussein in the year 2000 went ahead with his plans to stop using the US dollar in its oil business and start using the Euro.

The trading of oil for the Euro instead of US dollars is an extremely important historical precedent set by Iraq that must be understood to fully grasp the implications of Iran's announcement in December of 2006 that they would “use Euro instead of US dollar in (their) next year's budget.” If the United states was willing to invade Iraq to prevent oil from being traded in any other currency than the dollar, then it would be logical to assume that they will also confront Iran regarding their plans to permanently and absolutely phase out the US dollar.

This now brings us full circle to the opening of Iran’s Oil Bourse and their announcement that they have “totally removed U.S. dollars in the country's oil transactions.” Since Saddam Hussein’s declaration that Iraq would begin to sell oil in other currencies, a few very significant events have taken place. Iran’s announcement that it would follow suit is just the tip of the iceberg. Many other countries have already started to sell the US dollar and to convert to other currencies. Some of these countries include: Sweden, Cuba, U.A.E., China, Russia, India, Indonesia, North Korea, Venezuela, and many more.

It is a fact that oil is the only reason the US dollar has maintained its value and acceptance as the world currency. Once countries can buy oil in non-US dollars then the complete collapse of the American Empire will occur.

All countries are aware that the US has been printing absurd amounts of their fiat currency, and they are no longer willing to hold reserves that continue to devalue. This devaluing has become accelerated since the discontinuance of the M3 report. “On March 23, 2006, the Board of Governors of the Federal Reserve System” ceased publishing the M3 monetary aggregate. The M numbers (M1, M2, and M3) are “components of the United States money supply”, which “show the amount of dollars in circulation”.
[Source: Vidz King - Posted by WAR ON YOU]

Conservatives Deeply Depressed Over McCain Campaign

(Las Vegas, Nevada) Conservatives are so depressed over the state of the McCain campaign--particularly its failure to include and enthuse the Republican base--that they are preparing themselves for a monumental GOP defeat in November, Richard A. Viguerie, Chairman of ConservativeHQ.com, said in a speech to FreedomFest.

“You even have some conservatives who are considering voting for Barack Obama, because they fear McCain as president would destroy what’s left of the Republican brand and would finish off the conservative movement,” said Viguerie. “Their mood is that of the fatally ill patient who says ‘Let’s get this over with’.”

“John McCain has had the Republican nomination sewn up for five months and has done little to convince conservatives they should come off the sidelines and fight for him,” he said.

Viguerie said, “Personnel is policy and if Senator McCain won’t surround himself with conservatives during this campaign, when he desperately needs them, why should we think that he will have conservatives making critical decisions in his administration?”

“Senator McCain has never been a conservative, is not one now, and will not govern as one. From McCain-Feingold to cap-and-trade, he is a supporter of one Big Government scheme after another. History shows that, in the Oval Office, where almost all the political pressure comes from supporters of Big Government, he would only get worse.”

Viguerie has also called for the resignation of the Republican leadership in Congress.

“After this year’s expected blood bath in the November elections, the voters will bring about a massive housecleaning of GOP leaders in favor of principled conservatives,” he said.

Freedom Fest, at which Viguerie spoke, is a gathering of prominent advocates for free markets. Other speakers this year include Steve Forbes, George Gilder, Bob Barr, Dinesh D’Souza, Christopher Hitchens, and Congressman Ron Paul.

[Source: Vidz King - Posted by WAR ON YOU]

An American Pastime: Smoking Pot

The Netherlands, with its permissive marijuana laws, may be known as the cannabis capital of the world. But a survey published this month in PLoS Medicine, a journal of the Public Library of Science, suggests that the Dutch don't actually experiment with pot as much as one would expect. Despite tougher drug policies in the U.S., Americans were twice as likely to have tried marijuana than the Dutch, according to the survey. In fact, Americans were more likely to have tried marijuana or cocaine than people in any of the 16 other countries, including France, Spain, South Africa, Mexico and Colombia, that the survey covered.

Researchers found that 42% of people surveyed in the U.S. had tried marijuana at least once, and 16% had tried cocaine. About 20% of residents surveyed in the Netherlands, by contrast, reported having tried pot; in Asian countries, such as Japan and China, marijuana use was virtually "non-existent," the study found. New Zealand was the only other country to claim roughly the same percentage of pot smokers as the U.S., but no other nation came close to the proportion of Americans who reported trying cocaine.

Why the high numbers? Jim Anthony, chair of the department of epidemiology at Michigan State University and an author of the study, says U.S. drug habits have to do, in part, with the country's affluence — many Americans can afford to spend their income on recreational drugs. Another factor may be an increasing awareness that marijuana may be less toxic than other drugs, such as tobacco or alcohol. (However, the study also found that the U.S. is among the leading countries in the percentage of respondents who have tried tobacco and alcohol). As for the popularity of cocaine, the reason may simply be the close proximity of South America, the world's only coca plant producer. And finally, Anthony notes, it's a matter of culture: the U.S. is home to a huge baby boomer population that came of age when experimenting with drugs was a part of the social fabric. "It became a more mass-population phenomenon during a period when there were a large number of young people who were in the process of creating a culture of their own," Anthony says.

The survey also found that more Americans not only experimented with drugs, but also tended to try pot and cocaine for the first time at a younger age compared with people in other countries. Just over 20% of Americans reported trying pot by age 15 and nearly 3% had tried cocaine by the same age. Those percentages jumped to 54% and 16%, respectively, by age 21. That finding isn't surprising, says Dr. Richard Schottenfeld, a professor of psychiatry and a drug expert at the Yale University School of Medicine, since peer influence has a significant impact on the prevalence of drug use. In the Netherlands, for example, there is a large, vocal and homogeneous conservative population that is staunchly opposed to marijuana, says Schottenfeld. And anti-drug activists have made recent attempts to tighten the country's cannabis policies.

Yet experts say the findings of the new survey don't fairly reflect the success or failure of any particular drug policy. The survey asked only whether people had ever tried drugs in their lifetime — it did not ask about habitual use. "For drug policy, what you look at is regular use," says Tom Riley, a spokesman for the U.S. Office of National Drug Control Policy. "Somebody having tried pot in 1968 in college doesn't really have much to do with what the current drug use picture in the United States is."

Though current findings may not provide enough context to judge existing drug policy, Anthony says they do highlight some valid issues, especially since stringent laws don't appear to impact whether kids experiment with drugs. "One of the questions raised by research of this type is whether Americans will want to continue supporting the incarceration of young people who use small amounts of marijuana," Anthony says.

The ongoing study, which surveyed more than 85,000 people in 17 countries, is part of a larger project through the World Health Organization's World Mental Health Survey Initiative. Anthony says further research about the frequency of worldwide drug use, and new data from additional countries will be released in the future.




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[Source: Vidz King - Posted by WAR ON YOU]

Monday, July 14, 2008

Red Cross Finds Military and Bush Administration Guilty of War Crimes!

In a secret report last year, the Red Cross found evidence of the CIA using torture on prisoners that would make the Bush administration guilty of war crimes, The New York Times reported Friday.The Red Cross determined the culpability of the Bush administration after interviewing prisoners at Guantanamo Bay, according to the article.Prisoner Abu Zubaydahwho [...]

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[Source: Breaking News from WarOnYou.com - Posted by The King Of Videos; VIDZ KING]

Saturday, July 12, 2008

U.S. Planned Nerve Gas Tests on Australian Soldiers

THE US military planned to test deadly nerve gas on Australian soldiers in far north Queensland during the Cold War, declassified documents reveal.

The Defence and Prime Minister's office files show that the US was strongly pushing then prime minister Harold Holt's government in the 1960s to allow tests of two of the deadliest chemical weapons ever developed -- VX and GB, better known as Sarin nerve gas.

The revelation airs this morning on the Nine Network's Sunday program.

It says the top secret plan involved allowing 200 mainly Australian combat troops to be aerially bombed and sprayed with the chemical weapons.

It's understood the Iron Range rainforest near Lockhart River in far north Queensland was the likely location for the tests.

Peter Bailey, a former senior official with Mr Holt, tells the program the request caused consternation in Canberra, and as far as he knows the tests never went ahead.

But he says planning was very advanced in the US, which wanted the operation to be kept secret because the weapons were illegal under international law..

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[Source: Breaking News from WarOnYou.com - Posted by Mint Dollar- The Federal Reserves Worst NightMare]

Federal judges decision renders Bush a felon

Last night on MSNBC’s Coundown, George Washington law professor Jonathan Turley noted that just this week, a federal judge rejected President Bush’s claim that his “constitutional authority as commander in chief trumped” the FISA wiretapping law. Judge Vaughn Walker explicitly stated that the President is bound by FISACongress appears clearly to have intended to [...]

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[Source: Breaking News from WarOnYou.com - Posted by Mint Dollar- The Federal Reserves Worst NightMare]

Kucinich to Present Impeachment Case to House Judiciary Committee

Democratic leaders have agreed to give Rep. Dennis J. Kucinich a day before the House Judiciary Committee to make his case that President Bush ought to be impeached for allegedly lying to Congress in order to get approval to invade Iraq.Kucinich, D-Ohio, has introduced three impeachment resolutions one against Bush (HRes 1258) and two [...]

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[Source: Breaking News from WarOnYou.com - Posted by Mint Dollar- The Federal Reserves Worst NightMare]

Thursday, May 22, 2008

House Passes Bill to Sue OPEC Over Oil Prices

Washington - The House of Representatives overwhelmingly approved legislation on Tuesday allowing the Justice Department to sue OPEC members for limiting oil supplies and working together to set crude prices, but the White House threatened to veto the measure.The bill would subject OPEC oil producers, including Saudi Arabia, Iran and Venezuela, to the same antitrust [...]

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[Source: War On You