Tuesday, 30 September 2008

Stocks Crushed

Stocks skidded Monday, with the Dow slumping nearly 778 points, in the biggest single-day point loss ever, after the House rejected the government's $700 billion bank bailout plan.

The day's loss knocked out approximately $1.2 trillion in market value, the first post-$1 trillion day ever, according to a drop in the Dow Jones Wilshire 5000, the broadest measure of the stock market.

The Dow Jones industrial average (INDU) lost 777.68, surpassing the 684.81 loss on Sept. 17, 2001 - the first trading day after the September 11 attacks. However the 7% decline does not rank among the top 10 percentage declines.
http://money.cnn.com/2008/09/29/markets/markets_newyork/index.htm?cnn=yes

[Posted at the SpookyWeather blog, September 30th, 2008.]

Congressman Ron Paul Speaks Out on Wall St. Bailout

[Special to Huntingtonnews.net]

Dear Friends,
Whenever a Great Bipartisan Consensus is announced, and a compliant media assures everyone that the wondrous actions of our wise leaders are being taken for our own good, you can know with absolute certainty that disaster is about to strike.

The events of the past week are no exception.

The bailout package that is about to be rammed down Congress' throat is not just economically foolish. It is downright sinister. It makes a mockery of our Constitution, which our leaders should never again bother pretending is still in effect. It promises the American people a never-ending nightmare of ever-greater debt liabilities they will have to shoulder. Two weeks ago, financial analyst Jim Rogers said the bailout of Fannie Mae and Freddie Mac made America more communist than China!

"This is welfare for the rich," he said. "This is socialism for the rich. It's bailing out the financiers, the banks, the Wall Streeters."

That describes the current bailout package to a T. And we're being told it's unavoidable.

The claim that the market caused all this is so staggeringly foolish that only politicians and the media could pretend to believe it. But that has become the conventional wisdom, with the desired result that those responsible for the credit bubble and its predictable consequences - predictable, that is, to those who understand sound, Austrian economics - are being let off the hook. The Federal Reserve System is actually positioning itself as the savior, rather than the culprit, in this mess!

• The Treasury Secretary is authorized to purchase up to $700 billion in mortgage-related assets at any one time. That means $700 billion is only the very beginning of what will hit us.

• Financial institutions are "designated as financial agents of the Government." This is the New Deal to end all New Deals.

• Then there's this: "Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency." Translation: the Secretary can buy up whatever junk debt he wants to, burden the American people with it, and be subject to no one in the process.

There goes your country.

Even some so-called free-market economists are calling all this "sadly necessary." Sad, yes. Necessary? Don't make me laugh.

Our one-party system is complicit in yet another crime against the American people. The two major party candidates for president themselves initially indicated their strong support for bailouts of this kind - another example of the big choice we're supposedly presented with this November: yes or yes. Now, with a backlash brewing, they're not quite sure what their views are. A sad display, really.

Although the present bailout package is almost certainly not the end of the political atrocities we'll witness in connection with the crisis, time is short. Congress may vote as soon as tomorrow. With a Rasmussen poll finding support for the bailout at an anemic seven percent, some members of Congress are afraid to vote for it. Call them! Let them hear from you! Tell them you will never vote for anyone who supports this atrocity.

The issue boils down to this: do we care about freedom? Do we care about responsibility and accountability? Do we care that our government and media have been bought and paid for? Do we care that average Americans are about to be looted in order to subsidize the fattest of cats on Wall Street and in government?

Do we care?

When the chips are down, will we stand up and fight, even if it means standing up against every stripe of fashionable opinion in politics and the media?

Times like these have a way of telling us what kind of a people we are, and what kind of country we shall be.

In liberty,
Ron Paul
http://www.huntingtonnews.net/columns/080926-staff-columnsronpaulbailout.html

[Posted at the SpookyWeather blog, September 30th, 2008.]

Monday, 29 September 2008

Kucinich says Bailout Doesn't have the Votes

As the Wall Street bailout talks continue, a critical Congressman Dennis Kucinich (D-OH) is not confident that House will pass the legislation, as he told The Hill. "If the votes were there, this would be on the floor," he said. "The votes aren't there."

"Is this the United States Congress or the board of directors of Goldman Sachs?" Kucinich asked today. "Why aren't we helping homeowners directly with their debt burden? Why aren't we helping American families faced with bankruptcy. Why aren't we reducing debt for Main Street instead of Wall Street? Isn't it time for fundamental change in our debt-based monetary system, so we can free ourselves from the manipulation of the Federal Reserve and the banks?"

Kucinich attended a meeting of the "Skeptics Caucus," organized by Rep. Brad Sherman (D-CA) and consisting of House Democrats skeptical of the bailout effort. The meeting's speakers included economic professor James Galbraith of the University of Texas and former FDIC chairman William Isaac. Sherman called the legislation a Bush administration "power grab" and a handout to Wall Street. "This is greatest shift of power to the imperial presidency and the greatest shift of wealth to a still wealthy Wall Street that anyone could imagine," Sherman said.

"None of this has been subject to a critical analysis," charged Rep. Kucinich. "We haven't had access to the books to the people who are claiming they are going broke."



(1:39)
http://rawstory.com/news/2008/Kucinich_says_bailout_doesnt_have_votes_0928.html

[Posted at the SpookyWeather blog, September 29th, 2008.]

Trouble in Banktopia

By Mike Whitney

The financial system is blowing up. Don’t listen to the experts; just look at the numbers. Last week, according to Reuters, “U.S. banks borrowed a record amount from the Federal Reserve nearly $188 billion a day on average, showing the central bank went to extremes to keep the banking system afloat amid the biggest financial crisis since the Great Depression.” The Fed opened the various “auction facilities” to create the appearance that insolvent banks were thriving businesses, but they are not. They’re dead; their liabilities exceed their assets. Now the Fed is desperate because the hundreds of billions of dollars of mortgage-backed securities (MBS) in the banks vaults have bankrupt the entire system and the Fed’s balance sheet is ballooning by the day. The market for MBS will not bounce back in the foreseeable future and the banks are unable to roll-over their short term debt. Game over. The Federal Reserve itself is in danger. So, it’s on to Plan B; which is to dump all the toxic sludge on the taxpayer before he realizes that the whole system is cratering and his life is about to change forever. It’s called the Paulson Plan, a $700 billion boondoggle which has already been disparaged by every economist of merit in the country.

From Reuters:

“Borrowings by primary dealers via the Primary Dealer Credit Facility, and through another facility created on Sunday for Goldman Sachs, Morgan Stanley, and Merrill Lynch, and their London-based subsidiaries, totaled $105.66 billion as of Wednesday, the Fed said.”

See what I mean; they’re all broke. The Fed’s rotating loans are just a way to perpetuate the myth that the banks aren’t flat-lining already. Bernanke has tied strings to the various body parts and jerks them every so often to make it look like they’re alive. But the Wall Street model is broken and the bailout is pointless.

Last week, there was a digital run on the banks that most people never even heard about; a “real time” crash. An article in the New York Post by Michael Gray gave a blow by blow description of how events unfolded. Here’s a clip from Gray’s “Almost Armageddon”:

“The market was 500 trades away from Armageddon on Thursday…Had the Treasury and Fed not quickly stepped into the fray that morning with a quick $105 billion injection of liquidity, the Dow could have collapsed to the 8,300-level - a 22 percent decline! - while the clang of the opening bell was still echoing around the cavernous exchange floor. According to traders, who spoke on the condition of anonymity, money market funds were inundated with $500 billion in sell orders prior to the opening. The total money-market capitalization was roughly $4 trillion that morning.

The panicked selling was directly linked to the seizing up of the credit markets - including a $52 billion constriction in commercial paper - and the rumors of additional money market funds “breaking the buck,” or dropping below $1 net asset value.”

The Fed’s dramatic $105 billion liquidity injection on Thursday (pre-market) was just enough to keep key institutional accounts from following through on the sell orders and starting a stampede of cash that could have brought large tracts of the US economy to a halt.” (New York Post)
--------------------------------------------------------------------
Financial industry rep. Paulson is the ringleader in a banker’s coup the results of which will decide America’s economic and political future for years to come. The coup leaders have drained tens of billions of dollars of liquidity from the already-strained banking system to trigger a freeze in interbank lending and hasten a stock market crash. This, they believe, will force Congress to pass Paulson’s $770 billion bailout package without further congressional resistance. It’s blackmail.

As yet, no one knows whether the coup-backers will succeed and further consolidate their political power via a massive economic shock to the system, but their plan continues to move jauntily forward while the economy follows its inexorable slide to disaster.

http://www.infowars.com/?p=4914

[Posted at the SpookyWeather blog, September 29th, 2008.]

Sunday, 28 September 2008

COULD 2008 BE ANOTHER 2004 STOLEN ELECTION ?

It does not take too many states to hijack an election as witnessed in 2004 when four crucial GOP targeted states showed Kerry leading substantially in polls on election day ~ only to have the states flip to Bush with each state demonstrating clear election violations and fraud : Allen L Roland

Click on this excellent article from Rolling Stone that graphically breaks down the stolen election of 2004 ~
http://www.rollingstone.com/photos/gallery/10467024/was_the_2004_election_stolen/photo/2
And be concerned, be very concerned.

Allen L Roland

http://blogs.salon.com/0002255/2008/09/27.html/

The 2004 Presidential Election was undoubtedly stolen. Two further articles that briefly and brilliantly outline the evidence can be found here and here.

[Posted at the SpookyWeather blog, September 28th, 2008.]

Ron Paul: YOU CAN NOT PLACE VALUE INTO ASSETS THAT ARE WORTHLESS!


(6:42)

In this interview on Fox News, the host calls Ron Paul an economic genius for warning about the economic disaster many years in advance. In actual fact, many individuals had been warning about a financial meltdown of this sort in the years before. It looks like the "penny has dropped" for this TV presenter.

[Posted at the SpookyWeather blog, September 28th, 2008.]

Friday, 26 September 2008

Letter to Congress signed by 200 Top US Economists Opposed to the Bailout and 3 Main Reasons why it Won't Work

As economists, we want to express to Congress our great concern for the plan proposed by Treasury Secretary Paulson to deal with the financial crisis. We are well aware of the difficulty of the current financial situation and we agree with the need for bold action to ensure that the financial system continues to function. We see three fatal pitfalls in the currently proposed plan:

1) Its fairness. The plan is a subsidy to investors at taxpayers’ expense. Investors who took risks to earn profits must also bear the losses. Not every business failure carries systemic risk. The government can ensure a well-functioning financial industry, able to make new loans to creditworthy borrowers, without bailing out particular investors and institutions whose choices proved unwise.

2) Its ambiguity. Neither the mission of the new agency nor its oversight are clear. If taxpayers are to buy illiquid and opaque assets from troubled sellers, the terms, occasions, and methods of such purchases must be crystal clear ahead of time and carefully monitored afterwards.

3) Its long-term effects. If the plan is enacted, its effects will be with us for a generation. For all their recent troubles, America's dynamic and innovative private capital markets have brought the nation unparalleled prosperity. Fundamentally weakening those markets in order to calm short-run disruptions is desperately short-sighted.

For these reasons we ask Congress not to rush, to hold appropriate hearings, and to carefully consider the right course of action, and to wisely determine the future of the financial industry and the U.S. economy for years to come.

http://faculty.chicagogsb.edu/john.cochrane/research/Papers/mortgage_protest.htm

[Posted at the SpookyWeather blog, September 26th, 2008.]

WTC Explosions


(7:30)

From Loose Change: Final Cut.

The witnesses in the video reveal there were severe explosions in the lobby, basement, and subway areas thereby providing damning testimony against the official story which contends that fires in the tops of these building brought the towers down.

[Posted at the SpookyWeather blog, September 26th, 2008.]

Thursday, 25 September 2008

Democratic Representative Jim McDermott, Nails it: "Paulson can Throw a Pass to Himself"


(1:34)

[Posted at the SpookyWeather blog, September 25th, 2008.]

$5 Trillion Cash Pool Needed to Stop Rout

Treasury Secretary Henry Paulson's $700 billion plan to buy devalued assets from financial companies is ``a joke'' because it doesn't go far enough to calm markets, said Kenichi Ohmae, president of Business Breakthrough Inc.

Ohmae, nicknamed ``Mr. Strategy'' during his 23 years as a McKinsey & Co. partner, called for a $5 trillion ``international facility'' to be made available to financial institutions. The system could be modeled on one used by Sweden during its banking crisis in the early 1990s, he said.

``This is a liquidity crisis,'' Ohmae said at an investor forum hosted by CLSA Asia-Pacific Markets, the regional broking arm of Credit Agricole SA, in Hong Kong yesterday. ``The liquidity has to be so big that people won't get panicky.''
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a8DIq9yO0vzY

[Posted at the SpookyWeather blog, September 25th, 2008.]

Wednesday, 24 September 2008

Let's Play "WALL STREET BAILOUT"... The Rules Are:


(5:35)

Representative Kapture summarises the Wall Street bail out plan and how the US taxpayer is set to be burdened with the massive debt. She also makes the call to prosecute bankers for criminal wrongdoing and have them suffer the consequences of their actions. Highly recommended.

[Posted at the SpookyWeather blog, September 24th, 2008.]

Internet Attacks on 9/11 Truth Intensify

Internet censorship is once again in the news after legendary YouTube user Nuffrespect posted a new video detailing the latest online attack on 9/11 Truth: a user who is creating clones of respected user accounts and truth movement leaders in order to smear 9/11 Truth by posting racist comments. These have already led to the deletion of several well-known accounts in what has been revealed as a coordinated effort to eliminate 9/11 Truth from YouTube.
http://www.corbettreport.com/articles/20080921_youtube_crackdown.htm

[Posted at the SpookyWeather blog, September 24th, 2008.]

Bernanke Admits Bailout is NOT Aimed at Helping Taxpayers

Apologists for the bailout plan say that it will have a trickle-down benefit for taxpayers.

But in his testimony to the Senate today, Bernanke pretty much admitted that the bailout isn't aimed at helping taxpayers.

Specifically, as the Wall Street Journal summarizes it:

Bernanke used his time to argue for not buying assets at fire-sale prices in the
Treasury's $700 billion bailout proposal.

http://georgewashington2.blogspot.com/2008/09/bernanke-admits-bailout-is-not-aimed-at.html

[Posted at the SpookyWeather blog, September 24th, 2008.]

Pelosi, Kerry and more than 50 other members of Congress Have Direct Financial Stake in the Bailout.

The market storm that brought down Lehman Brothers Holdings Inc., American International Group Inc. and other pillars of U.S. finance may have also blown holes in the portfolios of House Speaker Nancy Pelosi, Senator John Kerry and more than 50 other members of Congress.

Pelosi, in her most recent financial disclosure form, reported that her husband owned between $250,000 and $500,000 of stock in AIG, which ceded majority control to the U.S. government this week in exchange for $85 billion of loans.

Kerry, the 2004 Democratic presidential nominee, disclosed that his wife, Teresa Heinz Kerry, had more than $2 million of AIG stock at the end of 2007, when shares were worth $58.30. AIG has fallen 85 percent this week to close yesterday at $2.69. The lawmakers' aides didn't respond to calls seeking comment.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aSEtGBXG0C0s&refer=worldwide

[Posted at the SpookyWeather blog, September 24th, 2008.]

Votes are being Stolen, now, by Hundreds of Thousands- RFK Jr.

RFK, Jr.: There are about 30 scams the Republicans are deliberately using, particularly in the swing states to get Democratic voters off the rolls. These scams originate in the so-called Help America Vote Act, which was passed after the Florida debacle in the year 2000. It was originally suggested by Democrats and Republicans, but it was passed by a Republican Congress with a Republican senate and a Republican president. And instead of reforming what happened in Florida it basically institutionalized all the problems that happened in Florida. And institutionalized a series of impediments that make it very difficult for Democrats to register, for Democrats to vote and then for Democrats to have their votes counted.

One of these requirements under HAVA is called 'the perfect match,' and what that does is little known but it is devastating. A quarter of the voters in Colorado have just been removed from the rolls because of this-- just this one scam. And what it does is, they use a computer system to compare your registration application to all other government records in the state. So they'll look at your Social Security records, your Motor Vehicle records, and any time you've had any interaction with the government, and if there is any information on your voter registration that is different than the information on another government record that they find, they remove you from the voting rolls.
http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=389&topic_id=4071366

A fake economy and a fake election. The US is a dictatorship. The American people were robbed of their votes in 2000 and 2004 and now we are set for further fraud in 2008. Individuals at all levels of society must fight for their rights using all legal means at their disposal.

Further, if the people can undermine the current US Administration through the evidence of Iraq War crimes, or evidence of inside involvement in the 911 attacks, then these highly charged movements can act as a bridge in seeing an end to corruption with regard to the US Presidential election.

[Posted at the SpookyWeather blog, September 24th, 2008.]

Tuesday, 23 September 2008

911 Debate: Richard Gage verses Michael Shermer on Oakland Radio

http://a1135.g.akamai.net/f/1135/18227/1h/cchannel.download.akamai.com/18227/podcast/SANFRANCISCO-CA/KKGN-AM/The%20Angie%20Coiro%20Show%20Sep%2018th.mp3
(50:28)

In this debate architect Richard Gage details the FORENSIC EVIDENCE showing that the Twin Towers and Building 7 of the World Trade Centre were brought down with pre-planted explosives. Throughout the broadcast the "skeptic" Michael Shermer tries to whitewash this issue by denying the evidence - he tries to change the topic or ridicule the issues. It's a disgraceful effort.

In listening to Shermer's replies I find it hard to believe that an academic with his training could take the positions he does in the face of the mountains of physical evidence cited by Gage. Shermer, in the most amateur way, appears completely oblivious to the hard evidence indicating that explosive devices MUST have been used to bring down the buildings on 911.

Curiously, Shermer who appears as an "expert" rebuttal witness seems to have little knowledge about what he is talking about. He is not familiar with details of the Molten Metal, the witnesses to explosions, the evidence for Thermate, the circumstances of the Flight 93 crash and he does not correct a caller as to the type of aircraft that (perhaps) hit the Pentagon- a 757.

To determine who is correct in this debate please refer to the physical evidence, logic and the known laws of physics- laws that were not suspended during the morning of September 11, 2001.

[Posted at the SpookyWeather blog, September 23nd, 2008.]

Monday, 22 September 2008

Ron Paul on the Bail Outs


(5:14)

Congressman Paul is right on target as usual. There is simply too much debt for the bailouts to work without the US dollar self destructing. He maintains that, although very painful, it is better to let these big Wall Street firms pay for their excesses and go bankrupt, rather than supporting them and moving the penalty onto the American taxpayer and the world monetary system (which is based largely on the US dollar.)

[Posted at the SpookyWeather blog, September 22nd, 2008.]

ALMOST ARMAGEDDON

The market was 500 trades away from Armageddon on Thursday, traders inside two large custodial banks tell The Post.

Had the Treasury and Fed not quickly stepped into the fray that morning with a quick $105 billion injection of liquidity, the Dow could have collapsed to the 8,300-level - a 22 percent decline! - while the clang of the opening bell was still echoing around the cavernous exchange floor.

According to traders, who spoke on the condition of anonymity, money market funds were inundated with $500 billion in sell orders prior to the opening. The total money-market capitalization was roughly $4 trillion that morning.
http://www.nypost.com/seven/09212008/business/almost_armageddon_130110.htm

[Posted at the SpookyWeather blog, September 22nd, 2008.]

Sunday, 21 September 2008

AIG’s Dangerous Collapse- A Credit Derivatives Risk Primer

While it may look superficially similar to the recent implosions of such investment giants as Fannie Mae, Freddie Mac and Lehman, the takeover and bailout of AIG is quite different, and means that the market is entering the next and even more dangerous phase. What is driving the fall of AIG – and potential government losses that may far, far exceed the $85 billion bailout announced late on September 16th - is not mortgages or real estate (directly), but fears that AIG’s huge, global credit-default swap positions will unravel. The $62 trillion dollar credit derivatives market is 50 times the size of the subprime mortgage derivatives market, and is indeed larger than the entire global economy.

Unfortunately, few people understand credit derivatives, or the full risks to the United States and global markets and economies. In this article, I will take a Credit Derivatives Primer that I published in the spring of 2008 - which anticipated this exact type of event - and update it for the current situation. Through reading this article, you should be able to greatly increase your knowledge of what credit derivatives are, and why they are a far greater danger than subprime mortgages. We will end with introducing some concepts about how individuals can protect themselves and even profit from these unprecedented market conditions – something you won’t find in recent financial history or conventional investments.


http://www.financialsense.com/fsu/editorials/amerman/2008/0917.html

AIG is like a domino that could cause a massive meltdown in the world economy - this is why all measures will be used to keep this institution afloat. Regardless, this rescue may ultimately fail.

[Posted at the SpookyWeather blog, September 21st, 2008.]

"Successful" Ethnic Cleansing, not Surge, stopped Baghdad Violence

Satellite images taken at night show heavily Sunni Arab neighborhoods of Baghdad began emptying before a U.S. troop surge in 2007, graphic evidence of ethnic cleansing that preceded a drop in violence, according to a report published on Friday.

The images support the view of international refugee organizations and Iraq experts that a major population shift was a key factor in the decline in sectarian violence, particularly in the Iraqi capital, the epicenter of the bloodletting in which hundreds of thousands were killed.

Minority Sunni Arabs were driven out of many neighborhoods by Shi'ite militants enraged by the bombing of the Samarra mosque in February 2006. The bombing, blamed on the Sunni militant group al Qaeda, sparked a wave of sectarian violence.

"By the launch of the surge, many of the targets of conflict had either been killed or fled the country, and they turned off the lights when they left," geography professor John Agnew of the University of California Los Angeles, who led the study, said in a statement.
http://news.yahoo.com/story//nm/20080919/sc_nm/iraq_lights_dc

[Posted at the SpookyWeather blog, September 21st, 2008.]

Ron Paul: This Bailout Won't Be the Last

I recently chatted with Rep. Ron Paul (R-Texas) about the gigantic financial bailout that the government is preparing to undertake.

Some excerpts from the interview:

What's your take on this huge financial bailout?
"It's more of the same. More debt and more inflation and more pressure on the dollar. Ultimately, although the markets are responding very favorably at the moment, I think it is going to be devastating to the dollar and to our financial situation in this country."

But don't we need to get these toxic assets off banks' balance sheets?
"Sure, they need to be removed. Somebody needs to suffer the consequences [but] not the taxpayer. Everybody knows that they have to be removed. They are priced too high. The assets don't have real value—some have zero and some have 10 cents on the dollar.

The people who had been making profits for all these years and dealing in all of this debt creation and derivatives—that now is becoming unwound—are claiming that it would be so painful if somebody went bankrupt and therefore we have to put so much burden on the taxpayer and on the dollar because the alternative is worse. But quite frankly, if they destroy the dollar and the dollar system, then they have a much bigger problem that they are going to have to deal with and it would be the collapse of the whole international monetary system—which is conceivable."

So instead of having taxpayers buy the bad debt, the market should take care of it by itself?
"Sure, prices need to go down. Bad debt needs to be eliminated. The taxpayer ought to be protected. Taxes ought to be lowered...We are following the same routine that we did in the Depression, and that is artificially try to keep prices up. People were starving in the Depression and the only thing they did was try to keep wages artificially high and keep food prices high. We are doing the same thing now—we are trying to keep housing prices high. Low prices for houses mean poor people could buy a house. This is the most important part of a free market economy and that is free market pricing. Without free market pricing, the market can't work. And this is in a way a major effort to price fix."
http://www.usnews.com/blogs/the-home-front/2008/9/19/ron-paul-this-bailout-wont-be-the-last.html

[Posted at the SpookyWeather blog, September 21st, 2008.]

Saturday, 20 September 2008

Rescue Shuttle at Launch Pad for Hubble Trip

In an unprecedented step, a space shuttle was moved to the launch pad Friday for a trip NASA hopes it will never make — a rescue mission.

The shuttle Endeavour is on standby in case the seven astronauts who go up on Atlantis next month need a safer ride home.

Atlantis and its crew are headed into space for one last repair job on the 18-year-old Hubble Space Telescope. It's a venture that was canceled when first proposed a few years ago because it was considered too dangerous.

The risk is this: If Atlantis suffers serious damage during launch or in flight, the astronauts will not be at the international space station, where they could take refuge for weeks while awaiting a ride home. They would be stranded on their spacecraft at the Hubble, where NASA estimates they could stay alive for 25 days. Air would be the first to go.

Endeavour and four more astronauts would need to blast off on a rescue flight as soon as NASA determined Atlantis was too damaged to fly home.
http://news.yahoo.com/story//ap/20080919/ap_on_re_us/space_shuttle

Good luck !

[Posted at the SpookyWeather blog, September 20th, 2008.]

9/10/2001: Rumsfeld says $2.3 TRILLION Missing from Pentagon


(3:09)

[Posted at the SpookyWeather blog, September 20th, 2008.]

Thursday, 18 September 2008

Scientists, Scholars, Architects & Engineers respond to NIST

Re: Public Comments on WTC 7 Draft Reports

Dear Mr. Cauffman,

I am writing on behalf of a group of scientists, scholars, engineers and building professionals who are dedicated to scientific research regarding the destruction of all three high-rise buildings (WTC 1, 2 and 7) on September 11, 2001. We have examined the draft reports recently released by NIST purporting to explain the demise of WTC Building 7 (collectively referred to herein as the “Report”). We have found many areas that need to be revised and re-examined by NIST personnel before they release a final report on this matter. We have provided our names and affiliations at the end of this document, in accordance with the guidelines for submittal of comments promulgated by NIST at (http://wtc.nist.gov/media/comments2008.html).

At the outset, we would like to call attention to the fact that we requested a reasonable extension of time for the public to submit comments. Given the rate at which we were finding incorrect or contradictory statements in the Report, we would likely have found many more areas NIST needs to re-examine before issuing a final report. As we pointed out in our original correspondence with you requesting the extension, the original three week deadline was completely unreasonable.
------------------------------------------------
Nevertheless, we have been able to spend some time reading and analyzing the report, and have already found numerous problems that severely undermine its veracity and usefulness. Our comments on the Report are detailed below.

http://www.911truth.org/article.php?story=20080916203015883

Independent architects, engineers and various other academics dispute the findings of the NIST report into the collapse of WTC7. They point out that scientific explanation provided by NIST is poor, largely unsubstantiated and is a wholly inadequate response to the evidence.

[Posted at the SpookyWeather blog, September 18th, 2008.]

The 9/11 Interview with Michael Hess: Evidence that NIST Lied about When He and Barry Jennings Were Rescued

Shortly after the first strike on the World Trade Center, which occurred at 8:46 AM on 9/11, Michael Hess, New York City's corporation counsel, and Barry Jennings, the deputy director of the Emergency Services Department of the New York City Housing Authority, headed to the Office of Emergency Management's Emergency Operating Center, which was on the 23rd floor of WTC 7, where they assumed that Mayor Rudy Giuliani would be. But when Hess and Jennings arrived, the place was empty. Jennings then telephoned someone to ask what they should do and was told that they should leave immediately. Finding that the elevators would not work, they started down the stairs. When they reached the sixth floor, however, there was a powerful explosion beneath them, which, Jennings told the makers of Loose Change Final Cut,1 caused the landing on which they were standing to give way. Making their way back up to the eighth floor, they were able to break a window and call for help. Hess later reported: "[W]e were trapped on the eighth floor with smoke, thick smoke, all around us, for about an hour and a half [before] the New York Fire Department . . . came and got us out."2
http://www.911truth.org/article.php?story=20080918031403456

The author here, David Ray Griffin, points out that NIST tried to show that these individuals were inside WTC7 at a later time so that they could falsely claim the explosions they experienced inside this building were simply the result of the collapse of the towers.

NIST is blatantly trying to distort the sequence of events here in order to cover up clear evidence that explosives were used inside this building. Subsequent forensic evidence, of Molten Steel and Thermate, showed that explosive incendiary devices were used proving that this part of 911 was an Inside Job.

[Posted at the SpookyWeather blog, September 18th, 2008.]

Top Journalists Expose Major Cover-ups in Mass Media

The riveting excerpts below from the revealing accounts of 20 award-winning journalists in the highly acclaimed book Into the Buzzsaw are essential reading for all who support democracy. These courageous writers were prevented by corporate ownership of the mass media from reporting major news stories. Some were even fired. These journalists have won numerous awards, including several Emmys and a Pulitzer.
http://www.wanttoknow.info/massmedia#jensenstevenson

It's simple. The corporate media censors the truth when it comes to major issues that destabilise the establishment status quo. Read the online news to find out what's really going on !

[Posted at the SpookyWeather blog, September 18th, 2008.]

Wednesday, 17 September 2008

Propaganda: Iran 'sending weapons to Taleban'

Elements in the Iranian state are sending weapons across the border to the Taleban in Afghanistan, a BBC investigation has uncovered.

Taleban members said they had received Iranian-made arms from elements in the Iranian state and from smugglers.

The UK says its troops have intercepted arms which it believes were given by a group within the Iranian state.

The Iranian embassy in Kabul dismissed the allegations, saying Tehran supported the Afghan government.

http://news.bbc.co.uk/2/hi/south_asia/7616429.stm

If true, it may be only sections of the Iranian Republic acting to support the Taleban but remember ... with regard to Iraq every previous US and UK claim of Iranian involvement was never once substantiated. IEDs said to have been made in Iran were actually produced in Iraq, weapons cashes that were said to have come from Iran did not- nothing that was claimed was EVER backed up by any evidence.

Thus far, this latest claim made against Iran is not backed by any evidence. It's just hearsay from the untrustworthy BBC - a news organisation that has recently put out false information regarding the September 11 attacks. The weapons in the story here are just as likely to be coming in from Pakistan or from any other location bordering the country.

[Posted at the SpookyWeather blog, September 17th, 2008.]

JPMorgan Gave Lehman $138 Billion After Bankruptcy

JPMorgan Chase & Co. gave $138 billion this week in Federal Reserve-backed advances to the broker dealer unit of Lehman Brothers Holdings Inc. to settle Lehman trades and keep financial markets stable amid the biggest bankruptcy in history, according to a court filing.

One advance of $87 billion was made on Sept. 15 after the pre-dawn bankruptcy filing, and another of $51 billion was made today, Lehman said in court documents. Both advances were made to settle securities transactions with customers of Lehman and its clearance parties, according to the filing.

The advances were necessary ``to avoid a disruption of the financial markets,'' Lehman said in the filing.

http://www.bloomberg.com/apps/news?pid=20601127&sid=aXWz6x180uGE&refer=law

The amounts here are so huge because the banks had leveraged tons of money in order to make huge profits. Now that things have gone sour they owe more than they have- hence the trouble with the ongoing bailouts- there is simply not enough real money to cover all the leveraged losses.

[Posted at the SpookyWeather blog, September 17th, 2008.]

Key Witness to WTC 7 Explosions Dead at 53

Barry Jennings, a key 9/11 eyewitness who was an emergency coordinator for the New York Housing Authority, has passed away at age 53 from circumstances not yet disclosed. A spokesperson for the Housing Authority has now confirmed his death, after weeks of rumors circulating online, but refused to give any further details.

This office has not yet been able to contact anyone in the Jennings family and the official cause of death is not yet known, but online comments have reported the date of death as August 19, 2008.

It is very unusual that a prominent — and controversial– 9/11 witness would die only days before the release of NIST’s report on WTC7 and shortly after a firestorm erupted over his testimony that he heard explosions inside the building prior to collapse of either tower and that there were dead bodies in the building’s blown-out lobby.

http://www.infowars.com/?p=4602

Although Mr Jennings has passed away we still have his testimony on tape- testimony that directly contradicts the official account.

[Posted at the SpookyWeather blog, September 17th, 2008.]

US War Crimes Conference- Vincent Bugliosi on the Prosecution of George W. Bush for Murder


Broadcasting Live with Ustream.TV (43:00)
http://www.ustream.tv/channel/warcrimesconference

Mr Bugliosi makes his case for prosecuting George W. Bush for Murder at the recent War Crimes Conference in Massachusetts. Very compelling.

Bush and many of his officials will likely face trial as soon as they leave office providing they are not pardoned by the next President.

[Posted at the SpookyWeather blog, September 17th, 2008.]

Tuesday, 16 September 2008

Demise of Lehman puts Strain on Market for Credit Default Swaps

The collapse of Lehman Brothers is putting significant strain on the giant, opaque, market for credit default swaps, in which investors buy protection against the risk of corporate defaults, and reinvigorating longstanding calls for improved regulation of the markets.

The cost of insuring against corporate default surged yesterday on concerns about the safety of financial companies and about the potential unravelling of the $62trn ($34.6trn) market, in which Lehman had been a major counterparty.

Dealers were working furiously to gauge the effect of the winding down of Lehman's trading positions, and many agreed between themselves to honour the results of a shadow trading session, conducted on Sunday night, aimed at cutting Lehman out of many trades.

http://www.independent.co.uk/news/business/news/demise-of-lehman-puts-strain-on-market-for-credit-default-swaps-932152.html

These Credit Default Swaps are set to undermine many more large financial institutions. More bankruptcies to follow.

[Posted at the SpookyWeather blog, September 16th, 2008.]

America 's Financial Apocalypse Heralds Decade Long Depression

Despite attempts made by Greenspan and Bernanke, there is no way to avert the payback period that has been building for over two decades. Over this stretch, America has consumed much more than it has produced. As a result, both consumer and federal debt have ballooned to record levels. And now, the payback period is upon us. The bailout buffet won't end with Fannie and Freddie. There's a lot more where that came from because the “Fed's food court” remains open, as does that of the U.S. Treasury. In fact, the autos are in the process of being bailed out with $50 billion in “loans.” I expect the airlines to also receive some form of a bailout as well.
----------------------------------------------------------------------
Altogether, we have had eight years of no gains in real median wages, flat stock market returns, and minimal net new jobs. Despite what you have heard, after adjusting for debt spending, population growth and realistic adjustments to the GDP deflator, there have only been 3 or 4 quarters of GDP growth since 2005. If you adjust for military, government and minimum wage positions – i.e. jobs funded by tax payers and jobs that don't pay anything - there have been absolutely no net new jobs. Bush's largest gains have been with inflation, oil and food prices, debt, trade deficits, bankruptcies, foreclosures, and healthcare costs. If an assembly of the world's leading economic strategists were to design the most destructive economic disaster possible, they could not match the results of Bush's tenure. Even the most loyal Bush supporters will admit he has been an absolute disaster – that is if they're being honest. America is now more dependent on foreign nations than ever – not only for oil, but also credit and manufactured goods.
-------------------------------------------------------------------
Taxpayers are now on the hook for billions of dollars of potentially worthless debt held by Fannie and Freddie. It's now official. America 's free market economy is really a socialist system for corporations. One could argue this to be a form of Fascism. My best estimate for losses due to the Fannie and Freddie taxpayer bailout are between $200 to $500 billion. The worst case scenario would be $800 billion. If this economy is resilient, I can't wait to see how it magically bounces back. When Superman fails to show up, Washington might consider giving David Copperfield a call. But this would be one illusion he won't be able to pull off. Get the popcorn ready.

http://www.marketoracle.co.uk/Article6256.html

[Posted at the SpookyWeather blog, September 16th, 2008.]

The Definitive Treatment of 9/11

In THE NEW PEARL HARBOR REVISITED, David Ray Griffin provides a brilliant and much-needed companion to his path-breaking and movement-building book on 9/11, The New Pearl Harbor (NPH; 2004). Now, on the occasion of the seventh anniversary of those horrific events, Griffin surveys in detail all the main lines of evidence against the official account of 9/11 to have emerged during the last four years. THE NEW PEARL HARBOR REVISITED (NPHR) has been designed as volume 2 of a two-volume set with NPH as volume 1; together they provide a thorough and up-to-date case against the official conspiracy theory (they can be bought separately, of course).

Griffin has already published four other books that provide in-depth analysis of most of the evidence to have emerged since 2004. NPHR's main purpose is to provide an easily accessible survey of all of the new evidence, so that it is now possible for a beginner to the subject (including journalists and members of Congress) to master its enormous complexity simply by reading two books. NPHR is structured identically to NPH; each chapter in NPHR comments and builds on the corresponding chapter in NPH. Much of the content is entirely new; there are many facts and analyses in NPHR which Griffin presents for the first time, and which literally make the book an up-to-the-minute statement of the case.

In the Preface, Griffin explains why he undertook to "update" The New Pearl Harbor. In the Introduction he outlines the continued failure of the press to investigate any of the questions raised against the official account, and the lame attempts, especially by the main "progressive" or "left" appendages of the press, to portray such questioning as lunacy. He provides a brief overview of the history of "false-flag" operations, including the Pentagon's Operation Northwoods, halted by President Kennedy. Griffin then argues that the term "conspiracy theory" is used dishonestly to prevent investigation of the claims of critics (and never to describe the government's theory about 19 Arab hijackers controlled from a cave in Afghanistan).

The very substantial first chapter tackles two major issues, the timing of events related to flights AA 11 and UA 175 and the collapses of the WTC buildings. Griffin shows that the 9/11 Commission's new timeline is contradicted by much solid evidence and is inherently unbelievable ...

http://www.911truth.org/article.php?story=20080912164744316

Professor Griffin presents a highly reasoned summation of the problems with the official 911 story providing the best evidence and arguments that demolish the government version of events. If you are new to the issues surrounding 911 this book will provide a strong grounding.


[Posted at the SpookyWeather blog, September 16th, 2008.]

Secrets of 'sexed-up' WMD Dossier Must be Told, Watchdog Orders Ministers

Ministers were under mounting pressure last night to publish secret details about the ' sexed-up' dossier on Iraq that helped take Britain to war.

The Information Commissioner ordered civil servants to release undisclosed emails and memos about a draft of the dossier which supposedly set out the threat posed by Saddam Hussein.

Richard Thomas flatly rejected Government claims that the comments - kept under wraps during a three-year legal battle - could jeopardise national security.

He said it was clearly in the public interest to know what alterations to the dossier were proposed in the days before it was published.

This was because the undisclosed material could provide 'evidence that the dossier was deliberately manipulated in order to present an exaggerated case for military action'.

http://www.dailymail.co.uk/news/article-1052352/Watchdog-rejects-No-10s-plea-sexed-WMD-dossier-secret.html

We also know from the Downing Street Memos "the intelligence and facts were being fixed around the policy" so that a war against Iraq could be "justified".

Hopefully this latest move will cause enough trouble such that a truly independent inquiry can be launched that will bring charges against various members of the Blair government.


[Posted at the SpookyWeather blog, September 16th, 2008.]

Monday, 15 September 2008

ZERO: An Investigation into 9/11

ZERO: An Investigation into 9/11, has one central thesis - that the official version of the events surrounding the attacks on 9/11 can not be true. This brand new feature documentary from Italian production company Telemaco explores the latest scientific evidence and reveals dramatic new witness testimony, which directly conflicts with the US Government's account.

Featuring presentations from intellectual heavy weights; Gore Vidal, and Noble Prize winner Dario Fo, the film challenges assumptions surrounding the attacks. In the words of the Italian daily newspaper, Il Corriere de da Sera, "What results is a sequence of contradictions, gaps, and omissions of stunning gravity."

The importance of this film can not be overstated. If its thesis is correct, the justification for going to war in Iraq is built on a series of outrageous lies.
http://zero911movie.com/site/


Part 1 (10:25)

This Italian film presents some of the best evidence and argument showing the 911 attacks were an Inside Job. The site above has a link to a 14 minute trailer, but I've included this You Tube screen that is part 1 of 10, that links to the whole film.

Sooner or later enough people will realise the truth about September 11 so that action by politicians, the Judiciary, Military or Law Enforcement chiefs will follow. The perpetrators will not get away with their crime and the wars in Iraq and Afghanistan will end.

[Posted at the SpookyWeather blog, September 15th, 2008.]

Lehman Bros To File For Bankruptcy ?

"It appears that Lehman will file for bankruptcy and the risk of an immediate tsunami is related to the unwind of derivative and swap-related positions worldwide in the dealer, hedge fund, and buyside universe," Bill Gross, the chief investment officer of Pacific Investment Management Co (Pimco), told Reuters. Pimco oversees more than $812 billion in assets.

Uncertainty about the health of the U.S. financial sector was running high with the fate of the 158-year old investment bank Lehman Brothers still unclear. In addition, a takeover of Merrill Lynch & Co and huge asset sales by American International Group were being talked about in markets.
http://uk.news.yahoo.com/rtrs/20080914/tbs-uk-markets-global-7318940.html

[Posted at the SpookyWeather blog, September 15th, 2008.]

Derivatives Time Bomb

A possibile situation where the financial markets plunge into chaos if the massive derivatives positions owned by hedge funds and the large banks were to move against those parties.

Institutional investors have increasingly used derivatives to either hedge their existing positions, or to speculate on given markets or commodities. The growing popularity of these instruments is both good and bad because although derivatives can be used to mitigate portfolio risk. Institutions that are highly leveraged can suffer huge losses if their positions move against them.

A number of well-known hedge funds have imploded in recent years as their derivative positions declined dramatically in value, forcing them to sell their securities at markedly lower prices to meet margin calls and customer redemptions. One of the largest hedge funds to collapse in recent years as a result of adverse movements in its derivatives positions was Long Term Capital Management (LTCM).

Investors use the leverage afforded by derivatives as a means of increasing their investment returns. When used properly, this goal is met. However, when leverage becomes too large, or when the underlying securities decline substantially in value, the loss to the derivative holder is amplified. The term "derivatives time bomb" relates to the speculation that the large number of derivatives positions and increasing leverage taken on by hedge funds and investment banks could lead to an industry-wide meltdown.
http://www.investopedia.com/terms/d/derivativestimebomb.asp

[Posted at the SpookyWeather blog, September 15th, 2008.]

Sunday, 14 September 2008

Conference on Prosecuting High Level American War Criminals

A two-day conference on obtaining prosecutions of high level American war criminals will open September 13th, in Andover, Mass. The conference will explore the legal grounds for, and plan for, obtaining prosecutions of President Bush and top officials of his Administration for war crimes.

In the tradition of America's Chief Prosecutor at the Nuremburg War Crimes Trials after World War II, Justice Robert Jackson, the Conference's purpose is to hold high U.S. officials accountable in courts of law and, if guilt is found, to obtain appropriate punishments. Otherwise, said the Conference's convener, Lawrence Velvel, the future will be threatened by additional examples of Executive lawlessness by leaders who need fear no personal consequences for their actions, leading to the possibility of more Viet Nams, more Iraqs, and more repression.

Velvel emphasized: This is intended to be a planning conference, one at which plans will be laid, and necessary organizational structures will be set up, to seek prosecutions to determine guilt and, if guilt is found, appropriate punishments.

Attendees will hear from prominent authorities on international law, criminal prosecutions, and constitutional rights who are determined to give meaning to Justice Jackson's words: The common sense of mankind demands that law shall not stop with the punishment of petty crimes by little people. It must also reach men who possess themselves of great power and make deliberate and concerted use of it to set in motion evils which leave no home in the world untouched.
http://noliesradio.org/

The site hosting the story will be broadcasting and archiving details of the conference. Updates to follow.

The news here is very good- real action to be taken against clear criminal activity undertaked by the White House.

[Posted at the SpookyWeather blog, September 14th, 2008.]

Saturday, 13 September 2008

U.S. Citizens Demand Truth on 9/11

Hundreds of protesters have come out onto the streets of New York City. They roamed the streets chanting, and held peace signs in front of where the Twin Towers used to stand.

On the anniversary of the tragedy that shook the world, these people say they want answers. They are challenging the official results of the investigation into 9/11. They say what they want is the truth.

According to the 9/11 Truth Movement, the goal of officials behind 9/11 was to justify America’s wars and increase domestic control.

Meanwhile, some Americans say the beliefs of the movement are too controversial and offensive. To them the Truth Movement’s way of demanding answers is too confrontational, and that’s what turns people off.

Protesters, however, believe that more people support them than some are ready to admit.
http://www.russiatoday.com/news/news/30330

Sometimes the Truth can offend, but when the issue involves people's lives (war) then it's prudent to suck up that offense and take a good look at the facts before coming to any judgement.

[Posted at the SpookyWeather blog, September 13th, 2008.]

Friday, 12 September 2008

The NIST WTC 7 Report: Bush Science Reaches its Peak

By Kevin Ryan

In a famous book by Antoine de Saint Exupery, a little prince from another planet asks the narrator to draw a sheep. After several unsatisfactory attempts, the narrator simply draws a box and tells the little prince that the sheep is in the box. The little prince then exclaims -- "That is exactly the way I wanted it!"1

Just so, the Bush Administration asked its scientists at the National Institute of Standards and Technology (NIST) for an explanation as to what happened at the World Trade Center (WTC) on 9/11. In response to this request, NIST drew up a series of fanciful stories over a period of years, each story differing from the previous one. Finally, after seven long years, NIST published its last story for WTC 7 by simply saying, in effect: "The explanation is in our computer."2

As expected, however, this explanation in a box leaves much to be desired for those of us who prefer to live in reality, instead of in a fictional world. On the other hand, we are learning something from NIST with this new report, and that is that when government scientists begin working for a political agenda above all else, there is no limit to the extent of deception that they will engage in. We also know that those who have produced the NIST WTC reports must now assume personal responsibility for the ongoing 9/11 Wars, and the millions of deaths that will result from those wars.

http://www.911truth.org/article.php?story=20080911073516447

The official NIST report into the collapse of WTC7 is shown to be a pseudo-scientific fraud with more holes in it that Swiss cheese.

[Posted at the SpookyWeather blog, September 12th, 2008.]

Russian T.V. Airs 911 Documentary

On the anniversary of 9/11, an Italian-produced documentary called ZERO, investigating the tragedy, is opening in Russia. The authors believe that the U.S. official version of events surrounding the attacks can't be true. U.S. networks have rejected the film.
http://www.russiatoday.com/news/news/30260/video

[Posted at the SpookyWeather blog, September 12th, 2008.]

Thursday, 11 September 2008

The World Trade Centre Explosions (9/11/2001)


(7:30)

From Loose Change: Final Cut.

Very obviously there were massive secondary explosions occurring throughout the World Trade Centre buildings- in the lower levels, in the basement, the lobby and subway areas- far way from the fire zones. These explosions were not insignificant, indicating they were the likely result of pre-planted devices. From eyewitness testimony alone one would have to conclude that the fires and aircraft impacts would have been able to cause these effects.

The final proof that explosives were present is the forensic evidence of Molten Steel and Thermate found at the WTC disaster site- phenomena that simply cannot exist without the use of incendiary type explosives.

911 WAS an Inside Job.

[Posted at the SpookyWeather blog, September 11th, 2008.]

Why the 911 False Flag Operation Has Failed.

The staged attack against the World Trade Centre Buildings was a failure. The reason is simple: there is obvious physical evidence proving that pre-positioned explosives brought down the buildings. The aircraft strikes and subsequent fires did not bring down these structures. Most critically, to the detriment of the official tale, one only requires a basic level of scientific knowledge in order to understand the hard evidence backing this contention.

The main obstacle to overcome here is a psychological one. Understandably most people carry an aversion to such confronting information and often go out on a limb in order to deny the clear material evidence at hand. However, this sort of thinking requires one to maintain a facade that is illogical and not sustainable in the face of the evidence. This is why we see so many scientists and academics, people who should be very skeptical of any grand conspiracy claims, coming to the realisation that the 911 attacks HAD to have involved inside help. As soon as these individuals understand the evidence there is no denying what has occurred.

Although there are many past examples of corrupt actions undertaken by members of the US government 911 is different in the scope of its emotional impact and the extent it has changed world perspectives with regard to the rule of Law. Thankfully because its impact is so great many people, who would otherwise care little about government corruption, have taken a firm interest in examining the facts.

In the case of 911 the FORENSIC EVIDENCE proving the inside job is so strong it's impossible to hide. As a consequence we now have thousands of educated people, from all over the world, who are aware of the 911 deception. Those involved in the crime and cover-up act as if they can ridicule/obfuscate themselves out of trouble but they miscalculate. In the past, in other circumstances, maybe they could- but not this time. This time they have overstepped the mark and face a mountain of unimpeachable evidence proving the September 11 mass murders were the result of inside help.

Despite the best efforts of a hostile and largely uninformed mainstream press, there still exists easy Internet access to the scientific evidence showing that 911 could ONLY have occurred thanks to the work of insiders. The Sooner or later EVERYONE will come to realise what happened on 911 and action will be taken to rectify the current situation. The perpetrators of these attacks will not get away with their crime ...

(To all 911 Truth Activists: Push the SIMPLE and straightforward forensic evidence uncovered at the World Trade Centre site of the Molten Steel and Thermate explosive signature which comprise the core scientific proof of the inside job. There is no way to reasonably counter this material.)


[Posted at the SpookyWeather blog, September 11th, 2008.]

NIST's WTC7 Collapse Models: Some Observations

A few days ago I posted a graphic from NIST's latest WTC7 report that depicts the exterior buckling after global collapse initiation. In no way does it resemble how the structure actually looks when it imploded. I had not noticed that this was the model for the scenario without debris impact damage. You see, NIST actually has models for the scenario without debris impact damage and for the scenario with their best estimated impact damage (the damage to the south side). They conclude that the building would also have collapsed without any impact damage.

So I checked the report for their modeling of the exterior buckling with the best estimated impact damage; the model of what actually happened. It's there but there is something missing: the top 23 floors are not shown and the north side is not shown; the side that can actually be seen in the videos and photographs of the collapse.

It would be hard to imagine that the scenario with the asymmetrical damage to the south side would leave the top 23 floors (which are not shown) looking any better than the scenario without damage.Videos show that WTC7's walls remained straight during most of its collapse. Their model is simply not showing what actually happened, and it looks like they are trying to hide it by not showing the top 23 floors and the north side.


(0:31)
http://www.911blogger.com/node/17436

The NIST models indicate a very uneven collapse in both their scenarios with and without the estimated damage to the WTC7 Building's south face. These models focused on how the internal structure of the building may have performed "revealling" massive buckling to the lower floors early in the collapses and asymmetric failures - which was nothing like what was observed in the videos.

The NIST models also failed to show the effects of the collapse in relation to the exterior walls so do not properly account for what was seen anyway. You can't run simulations of interior asymmetric failures and call that an explanation without having the corresponding effects on the outer walls shown.

And NIST never addressed any of the hard forensic evidence of Molten Steel and Thermate that proved explosives HAD to have been used on this building. You can't create these phenomena WITHOUT using incendiary type explosives. NIST simply ignored this material- a very biased and unscientific approach (read cover-up).

The proof 911 was an inside job is readily apparent. The NIST investigation is a poor attempt at whitewashing the overwhelming evidence in order to placate the media and public. Those who are familiar with the facts will not be fooled.

[Posted at the SpookyWeather blog, September 11th, 2008.]

The Government as Wizard of Oz in Anthrax and 9/11 Investigations. . . "Don't Look at the Man Behind the Curtain"

By George Washington

As top independent anthrax experts, physicists, engineers and architects confirm, the government makes claims in the anthrax and 9/11 investigations but does not provide the details which would allow the claims to be independently tested by scientists not affiliated with the government. At the end of the day, the government is simply begging us - like the Wizard of Oz - not to look at the man behind the curtain.
http://georgewashington2.blogspot.com/2008/09/governments-scientific-argument-in.html

[Posted at the SpookyWeather blog, September 11th, 2008.]

Wednesday, 10 September 2008

Significant New Information Details CIA Criminal Culpability in Allowing the 9/11 Attacks

Palo Alto Publishing will hold a press conference on September 11, 2008, at 9 AM at the National Press Club at 529 14th St. NW, Washington D.C., to detail new information revealed since the release of the 9/11 Commission Report. Entirely sourced from government reports, court documents, and the account of FBI Agent Ali Soufan, this analysis, never before fully detailed, shows that CIA officers, working through liaisons at FBI Headquarters, had repeatedly and criminally obstructed investigations that could have prevented the attacks on 9/11.

This book details the numerous times the CIA interacted with the FBI. In particular, the times lead FBI Cole investigator, Ali Soufan, made several official requests to the CIA: one through FBI Director Freeh, asking for any information the CIA had on an al Qaeda meeting in Kuala Lumpur and on Khallad Bin Attash, (at that time thought to be mastermind on the Cole bombing).

Despite the fact that the CIA did indeed have this information, they either denied its existence or refused to respond to Soufan's requests. The CIA withheld material information from an ongoing FBI investigation, which was a crime, and not due to the fact that "the CIA did not talk to the FBI", as suggested by the 9/11 Commission report.
http://www.marketwatch.com/news/story/significant-new-information-details-cia/story.aspx?guid=%7BFBC51EE0-675F-4C4B-9FB1-DBA2CBE39FE1%7D&dist=hppr

The attacks of 911 required patsies. It appears that elements of the CIA allowed the patsies to enter the USA and play their role in the false flag terror operation.

We know at least part of the attacks on the Twin Towers (and perhaps every aspect including the aircraft) were the results of inside work because of forensic evidence proving the case.

[Posted at the SpookyWeather blog, September 1oth, 2008.]

Insights Into the Question of Whether the Anthrax was Weaponized

Remember how the FBI was instructed to blame the Anthrax attacks on Al Qaeda by White House officials in 2001?

Well, according to Washington Post reporter and Assistant Managing Editor for Investigations at The Washington Post
Marilyn Thompson, the US government ordered Fort Detrick's USAMRIID bioweapons facility to "tone down" its description of the Daschle anthrax as "weaponized."

Moreover, scientists originally found that an electrical charge and high-tech silicon-coating were added to the killer anthrax to make it more lethal. As
pointed out by anthrax expert Dr. Meryl Nass:

"If a charge were added to the spores, the charge would be expected to dissipate over days or weeks; thus the characteristics of the anthrax could have changed when inspected later. Furthermore, Dr. John Ezzell initially evaluated this anthrax in a high containment lab at USAMRIID. It was later processed before sharing with some other labs, to reduce its lethality.
This processing likely changed other characteristics as well."

Therefore, there were not only political reasons for backing away from the finding of weaponization, but there may also have been physical reasons that the weaponization might have been less apparent to scientists who subsequently studied it.

See also
this.
http://georgewashington2.blogspot.com/2008/09/insights-into-question-of-whether.html

[Posted at the SpookyWeather blog, September 10th, 2008.]

Fannie and Freddie Bailout Destined to Fail as US Debt Doubles

With Sunday's announcement of the most massive federal bailout of all time, it's now official: Fannie Mae and Freddie Mac, the two largest mortgage lenders on Earth, are bankrupt.

Some Washington bigwigs and bureaucrats will inevitably try to spin it. They'll avoid the "b" word with vengeance. They'll push the "c" word (conservatorship) with passion. And in the newspeak of 21st century bailouts, they'll tell you "it all depends on what the definition of solvency is."

The truth: Without their accounting smoke and mirrors, Fannie and Freddie have no capital. The government is seizing control of their operations. Their chief executives are getting fired. Common shareholders will be virtually wiped out. Preferred shareholders will get pennies. If that's not wholesale bankruptcy, what is?

Some Wall Street pundits and pros will also try to twist the facts to their own liking. They'll treat the bailout like long-awaited manna from heaven. They'll declare that the "credit crisis is now behind us." They may even jump in to buy select financial stocks. And then they'll try to persuade you to do the same.

The reality: This was the same pitch we heard in August of last year when the world's central banks made a coordinated attempt to rescue credit markets with massive injections of fresh cash. It was also the same pitch we heard in March when the Fed bailed out Bear Stearns. But each time, the crisis got progressively worse. Each time, investors lost fortunes.

Together, both Washington and Wall Street are trying to persuade you that, "no matter what, the government will save us from financial disaster." But the real lessons already learned from these events are another matter entirely:

http://www.marketoracle.co.uk/Article6184.html

There is a huge element of fraud, media propaganda and a degree of outright manipulation helping to sustain the markets at present. The unwinding of government ventures designed to bail out these massive companies may take a long time.

[Posted at the SpookyWeather blog, September 10th, 2008.]

CERN Fires up New Atom Smasher to near Big Bang

It has been called an Alice in Wonderland investigation into the makeup of the universe — or dangerous tampering with nature that could spell doomsday.

Whatever the case, the most powerful atom-smasher ever built comes online Wednesday, eagerly anticipated by scientists worldwide who have awaited this moment for two decades.

The multibillion-dollar Large Hadron Collider will explore the tiniest particles and come ever closer to re-enacting the big bang, the theory that a colossal explosion created the universe.

The machine at CERN, the European Organization for Nuclear Research, promises scientists a closer look at the makeup of matter, filling in gaps in knowledge or possibly reshaping theories.

http://news.aol.com/article/cern-fires-up-new-atom-smasher-to-near/163693?cid=12

[Posted at the SpookyWeather blog, September 10th, 2008.]

Tuesday, 9 September 2008

What I Heard LAX Security Officials Say During the 9/11 Attacks

On the morning of 9/11, I was working as Deputy Inspector representing the City of LA Building and Safety Department for the seismic retrofit of the LA Hilton Towers Hotel, only a few minutes by car from where I had worked at LAX. When I realized, after the second strike on the WTC, that the country was under attack, I decided that I should go to the APO, because I was one of only a few persons who would know how to fix certain parts of the new security systems if problems developed. Especially crucial were the systems at Guard Post II, for which I had managed the design changes and construction. So, after telling the workers to leave (because of my fear that the hotel might be struck) and informing Hilton Security of my order, I rushed to LAX Guard Post II. Arriving at about 6:35 AM (PT), I explained my purpose for being there to the Security Guards. I then heard some very interesting things.

As on other days, there was "chatter" on LAX Security walkie-talkies and I could easily hear what Security was saying when they were outside the guard shack (they would go in and out, but they were mainly outside). On some of the walkie-talkies, I could hear both sides of the conversations; on others only one. I do not know who was at the other end of the walkie-talkies, but I assumed that it was LAX Security dispatch or command.

At first, LAX Security was very upset because it seemed to Security that none of the FAA's Air Traffic Controllers (ATCs) tracking the hijacked airliners had notified NORAD as required.

More chatter revealed that ATCs had notified NORAD, but that NORAD had not responded, because it had been "ordered to stand down."

This report made Security even more upset, so they tried to find out who had issued that order. A short time later the word came down that the order had come "from the highest level of the White House." Security was puzzled and very upset by this and made attempts to get more details and clarification, but these were not forthcoming while I was still there.

Another piece of information that I heard, shortly after my arrival, was that the Pentagon had been "hit by a rocket." It's possible that the word was "missile," although I'm quite certain it was "rocket." I was, in any case, quite surprised when I later got home and learned that the media were reporting that an airliner had hit the Pentagon.
There was also a radio station that I understood to be "LAX Radio" (or something like that), on which the following was heard: There were 11 planes and 11 targets, but at the time only 10 of the targets were mentioned: the WTC; the Pentagon; the White House; the Capitol; Camp David; the Sears Tower; the Space Needle; the Trans America Bldg.; LAX; and Air Force One---"if it could be found."

This station also reported that two fighter jets had been scrambled and had successfully shot down a hijacked airliner over Pennsylvania.

http://www.911truth.org/article.php?story=2008071025531345

[Posted at the SpookyWeather blog, September 9th, 2008.]

Seeking Details, Lawmakers Cite Anthrax Doubts

A month after the F.B.I. declared that an Army scientist was the anthrax killer, leading members of Congress are demanding more information about the seven-year investigation, saying they do not think the bureau has proved its case.

In a letter sent Friday to Robert S. Mueller III, the director of the Federal Bureau of Investigation, Democratic leaders of the House Judiciary Committee said that “important and lingering questions remain that are crucial for you to address, especially since there will never be a trial to examine the facts of the case.”

The scientist, Bruce E. Ivins, committed suicide in July, and Mr. Mueller is likely to face demands for additional answers about the anthrax case when he appears before the House and Senate Judiciary Committees on Sept. 16 and 17.

“My conclusion at this point is that it’s very much an open matter,” Senator Arlen Specter of Pennsylvania, the top Republican on the Senate committee, said of the strength of the case against Dr. Ivins, a microbiologist at the Army’s biodefense laboratory who worked on anthrax vaccines. “There are some very serious questions that have yet to be answered and need to be made public.”

http://www.nytimes.com/2008/09/07/washington/07anthrax.html?_r=3&ei=5070&adxnnl=1&oref=slogin&emc=eta1&adxnnlx=1220803589-zBG3+ETvyYLp1rkGvqsmuA&oref=slogin&oref=slogin

In response to this story, Mike Rivero at WhatReallyHappened.com points out that:
The FBI ignored a real suspect, one actually caught entering the lab where the Anthrax was kept without authorization AFTER losing his job over a racially-motivated attack on an Egyptian co-worker.
Whatever is the FBI doing ?

[Posted at the SpookyWeather blog, September 9th, 2008.]

Monday, 8 September 2008

9/11 Film Hits Number 1 in the World…..then pulled.

I am happy to report that Fabled Enemies, went from number 2 on September 1st to number 1 on September 2nd. Of course it was mysteriously gone from the top 100 all together by the 3rd, and comments and views seemed to freeze.
http://www.prisonplanet.com/fabled-enemies-debuts-at-number-1-in-the-world%e2%80%a6then-pulled.html

[Posted at the SpookyWeather blog, September 8th, 2008.]

High Treason: 'Pentagon Lied to the 911 Commission' ; Bush's Theory Falls Apart

by Len Hart

911 Commission co-chairs claim that they were misled, perhaps deliberately, by the Bush administration and Pentagon brass. Because 911 was an act of mass murder overtly covered up by the Bush administration, the many lies by Bush amount to more than mere obstructions of justice or cover ups. They amount to high treason --a mechanism by which this administration seized power unconstitutionally. Holes in Bush's theories are holes in Bush's theories. Lack of evidence in support of Bush does not refute his critics who point them out. Bush's many lies and overt efforts to obstruct justice, it is hoped, will bring about the 'controlled demolition' of this illegal and illegitimate regime.
http://www.opednews.com/articles/1/High-Treason--Pentagon-Li-by-Len-Hart-080907-677.html

Along with a mountain of great material this article includes very useful summaries that deal with contradictions in the Flight Data Recorders on Flight 77 (Pentagon) and Flight 93 (Shanksville) that indicate the official accounts of these "crashes" are very unlikely to be true- the analysis coming from Pilots for 911 Truth.


[Posted at the SpookyWeather blog, September 8th, 2008.]


MUST SEE: Jon Stewart Reveals Republican Party Hypocrisy


(5:39)

The one thing about holding an opinion is to apply it fairly to all situations. People whose opinions that flip and flop without any qualifications, that change their views depending on who is being attacked, reveal themselves to be disingenuous hypocrites.

Individuals in the media who engage in such activity should be given short thrift. Although we accept this sort of hypocrisy as part and parcel of politics, this sort of practice is simply not acceptable. There must be a higher standard. I personally don't want grossly dishonest political spin shoved in my face !

Where are the tough reporters in the media ready to challenge this sort of activity ? ... oh yeah, they are on the The Daily Show, a comedy show that runs the most critical mainstream coverage of political events in the USA.

(thanks to Jonesy for the story)

[Posted at the SpookyWeather blog, September 8th, 2008.]

U.S. Seizes Fannie and Freddie

Federal officials on Sunday unveiled an extraordinary takeover of Fannie Mae and Freddie Mac, putting the government in charge of the twin mortgage giants and the $5 trillion in home loans they back.

The move, which extends as much as $200 billion in Treasury support to the two companies, marks Washington's most dramatic attempt yet to shore up the nation's housing market, which is suffering from record foreclosures and falling prices.

The sweeping plan, announced by Treasury Secretary Henry Paulson and James Lockhart, director of the Federal Housing Finance Agency, places the two companies into a "conservatorship" to be overseen by the Federal Housing Finance Agency. Under conservatorship, the government would temporarily run Fannie and Freddie until they are on stronger footing.

http://money.cnn.com/2008/09/07/news/companies/fannie_freddie/

Like many of the Banks and major US automakers, these two companies would be out of business without Federal government assistance. This situation here is dire. The US economy is not well and there seems to be no sign that things will improve anytime soon.

[Posted at the SpookyWeather blog, September 8th, 2008.]

Jon Stewart Obliterates McCain's Acceptance Speech


(8:43)

The part from 4:20 onwards really shows how political campaign promises are often the same- or exactly the same ! It's great TV.


[Posted at the SpookyWeather blog, September 8th, 2008.]

Sunday, 7 September 2008

THE FORENSIC EVIDENCE THAT ENDS THE 911 TRUTH DEBATE.

There exists some extremely disturbing scientific evidence which totally undermines the official 911 story. It does not matter what theories you believe in, the material here speaks for itself:

The picture above shows MOLTEN STEEL being removed from the World Trade Centre rubble pile. However, from all accounts (even the official NISTs report concedes this point) the fires in the WTC buildings were far too weak to cause such melting. Conventional building fires, including ones initiated with aviation kerosene, simply cannot raise the temperature of structural steel to its melting point of around 1300 degrees celsius. According to all the available data, the fires in the Towers could only have reached a maximum temperature of around 650 degrees celsius- yet here we can see steel so hot that it has taken on a yellow look (an observation that indicates the temperature must be between 850-1000 degrees celsius !!).

There are ONLY two ways which would enable this steel to reach such a high temperature.
1. In a blast furnace.
2. From Explosives.
The rubble pile was not a blast furnace.
Therefore one must assume that explosives were the most likely agent.

Furthermore, we have supporting eyewitness testimony from firefighters and civilians which reveals that many of them felt, and were knocked over by, huge explosions occurring in the lower floors of the WTC buildings -far away from the fire zones.

Critically, scientific analysis conducted by physics Professor Steven Jones has uncovered the chemical signature for the explosive THERMATE in multiple samples taken from the WTC steel and dust- proving, without doubt, that explosives were used.

The science here is clear cut. Whatever one thinks about the various theories floating around out there, one thing is certain: The Twin Towers (and Building 7) at the World Trade Centre site were rigged with explosives. Most importantly, such an operation would take many weeks to plan and carry out. Therefore, part of the 911 attacks against the World Trade Centre complex MUST have been an "Inside Job" as Bin Laden's men would not have had the necessary time or access to wire these buildings.

The charade must end. If we are honest with ourselves we must now accept there is damning physical (forensic) evidence that undermines the official story. Certain elements within the US government appear complicit in the attacks of September 11.[1] A new independent criminal investigation must be launched and the phoney "war on terror" stopped.

(For a more detailed analysis on the physics of the WTC collapses see Steven Jones' paper: Why Indeed Did the World Trade Center Buildings Completely Collapse? [PDF] and visit Architects and Engineers for 911 Truth, an organisation with over 400 building professionals who agree with these findings.)

[Posted at the SpookyWeather blog, September 7th, 2008.]

Ron Paul to Make Major Announcement Next Week

On the heels of his historic three-day rally in Minneapolis that drew over 12,000 attendees, Congressman Ron Paul will make a major announcement next week in Washington at the National Press Club.
http://www.campaignforliberty.com/blog/?p=456

Apparently it's too late to run as a third party candidate, so this could be anything. I hope it really is a MAJOR announcement.

[Posted at the SpookyWeather blog, September 7th, 2008.]

Melting Swiss Glacier Yields Neolithic Trove, Climate Secrets

Some 5,000 years ago, on a day with weather much like today's, a prehistoric person tread high up in what is now the Swiss Alps, wearing goat leather pants, leather shoes and armed with a bow and arrows.

The unremarkable journey through the Schnidejoch pass, a lofty trail 2,756 metres (9,000 feet) above sea level, has been a boon to scientists. But it would never have emerged if climate change were not melting the nearby glacier.

So far, 300 objects dating as far back as the Neolithic or New Stone Age -- about 4,000 BC in Europe -- to the later Bronze and Iron Ages and the Medieval era have been found in the site's former icefields.
http://news.yahoo.com/story//afp/20080905/lf_afp/switzerlandarchaeologyclimatewarming


[Posted at the SpookyWeather blog, September 7th, 2008.]