Big Truth Reality 05/09/07

BIG TRUTH REALITY 05/09/07

here is the latest edition, bringing you the best, most pertinent news and opinion from the internet over the last 2 days. Cutting through the mainstream media BS in a bite sized chunk, I trawl the net so you don't have to.

First a musical interlude,
Ozmosis, Imagine, the dreamer
http://www.youtube.com/watch?v=xHb-BVqI8Lk


Kurt Nimmo - Cheney orders corporate media to sell Iran attack
Iran attack concept to be pushed on the public by the corporate media to twist public opinion into agreement to mass murder Iranian babies.
http://adereview.com/blog/?p=24

Returning Congress critters support Neocon mass murder plan
Both repugs and demorats support the idea of butchering babies in Iran
http://adereview.com/blog/?p=23

Big Brother USA - surveillance via tagging, tracking and locating
The militarisation of US public servcie agencies and their big plans for tracking 'undesirables'
http://www.globalresearch.ca/index.php?context=va&aid=6682

Iraq's war of the warlords
Iraq has been reduced to warlordism and fiefdoms having been smashed by the invasion
http://www.uruknet.info/?p=m35969&hd=&size=1&l=e

In depth study - Genocide in Iraq
Excellent in depth study paper on the ongoing genocidal campaign against Iraqis
http://www.uruknet.info/?p=m35970&hd=&size=1&l=e

Part 1 of report here

Part 2 of report here

Part 3 of report here

Officials confirm that 300 Pakistani soldiers have been taken hostage in South Waziristan
http://www.startribune.com/722/story/1399420.html

Fighting 'over' at Nahr el Bared camp
but not before 400 people have died
http://english.aljazeera.net/NR/exeres/F41BDCF3-71E9-4396-84B7-93D058CAE6CC.htm

500 Afghan police officers killed in last 5 months
Click here for story

Craig Murray - how BAE and a rather mysterious Labour peer get rich as out troops die in Iraq
http://www.uruknet.info/?p=m35904&hd=&size=1&l=e

Patrick Cockburn - Ignominious end to futiel exercise that cost the Uk 168 lives
http://www.uruknet.info/?p=m35919&hd=&size=1&l=e

Leuren Moret and Alfred Webre call for International Citizen's 9/11 War Crimes Tribunal
We all know 9-11 was an inside job, campaigners call for international tribunal to help prove it.
http://www.uruknet.info/?p=m35915&hd=&size=1&l=e

West Bank children eek out a living looking through settler's trash
http://www.uruknet.info/?p=m35922&hd=&size=1&l=e

We Are Change.org.uk does 9-11 truth at Notting Hill carnival
see the Uk branch of We Are Change campaign for 9-11 truth at the Notting Hill Carnival
http://www.youtube.com/watch?v=Q1Z1-t6qvWo&eurl=


A look at the New World Order
20 minute video on the NWO and its plans

http://video.google.co.uk/videoplay?docid=-6899240143959362398

Big Truth Reality 02/09/07

BIG TRUTH REALITY 02/09/07

Here is my latest Big Truth Reality, bringing you the best, most pertinent bits of news and opinion from the internet in the last 2 days. My aim is to provide an easy round up of the best information available, if you find this useful please do forward the link onto friends and contacts.

Kurt Nimmo - Full Spectrum Mass Murder likely against Iran
Increasingly, people in the know are revealing what some of us have realized for months, even years: the United States, under the pernicious control of Muslim-hating neocons, will attack Iran, and sooner before later.
http://adereview.com/blog/?p=19

Naval officer stationed on carrier group, "I see preparations for war with iran all the time, we are going to hit Iran Big Time"
http://www.dailykos.com/storyonly/2007/9/1/183018/1527

IAEA report - Iran's atomic work at slow pace and not significant
www.reuters.com (click here for story)

10 years after Princess Diana's death - ANALYSIS was Diana murdered?
http://www.dianaqueenofheaven.com/cgi-bin/forum.cgi?read=48

Coming to a state near you - Blackwater's Airforce
http://www.declineandfall.net/2007/08/coming-to-state-near-you-blackwater-air.html

Cholera spreads in Iraq as health services collapse
http://www.uruknet.info/?p=m35858&hd=&size=1&l=e

Another rabbit pops out the Iraqi hat
Excellent in depth look at the situation in Karbala and the clashes between Al- Sadr's Mehdi Army and the Badr Brigades of the main Shia grouping SCIRI
http://www.atimes.com/atimes/Middle_East/II01Ak04.html

Palestinians poorer than ever
http://www.ipsnews.net/news.asp?idnews=39100

8 months on, Somalia's government cannot tame Mogadishu
http://cbs11tv.com/worldwire/Somalia-StateofWar/resources_news_html

2 years on Katrina - "They wanted them poor niggers outa there"
http://www.informationclearinghouse.info/article18292.htm

Leading lender likens credit crisis to the Great Depression
http://www.guardian.co.uk/usa/story/0,,2159716,00.html?gusrc=rss&feed=12

VIDEO - 9-11 - the truth being suppressed
A guy who took some of the famous footage of the second plane strike, supposedly from Battery Park, will not disclose his location at the time he was filming, and avoids answering any questions at all with regard to the footage he took. Clearly under instructions from CNN to not answer any questions at all. Kind of supports the no plane theory here, but in any case is a clear example of how those who did the filming on that awful day are told to shut up
(7 mins)
http://www.youtube.com/watch?v=IOeNUax-gaw



VIDEO This is what the 9-11 truth movement is up against
Pissed off 'fireman' confronts truthers
http://www.youtube.com/watch?v=KFf-buObxl8



VIDEO HUMOUR - Miss South Carolina answers a question
oh you have to laugh!!
http://www.youtube.com/watch?v=lj3iNxZ8Dww

Big Truth Reality 29/08/07

BIG TRUTH REALITY 29/08/07

This is my new blog page, I hope you like it. I intend to produce near daily Big Truth Reality blog pages giving you the best links from the previous 24/48 hours of news, the links to articles/videos etc which to me most reflect the appalling truth and reality of our world.
The concept I envisage here is to give a brief one stop shop for articles and news on a variety of interlinking topics such as the war in Iraq, the global war of terror, the New World Order and the Illuminati plus some economics.

There will also be a series of topic resources, an in depth look at an individual topic, the first this week being a history of the New World Order looking at 3000 years of the plans for an NWO.

I hope you find it a useful accompaniment to your learning, if you find this blog worthwhile please do pass it on to your family, friends and contacts.

Kurt Nimmo - Bush calls for the mass murder of Iranians
http://adereview.com/blog/?p=16

John Bolton - "I absolutely hope the US will attack Iran in the next 6 months"
http://thinkprogress.org/2007/08/22/bolton-iran-six-months

Layla Anwar - Occupation 101
Reflections on the occupation
http://www.uruknet.info/?p=m35737&hd=&size=1&l=e

Iraq - over 31 killed, 179 wounded in Karbala clashes
http://www.uruknet.info/?p=m35748&hd=&size=1&l=e

Afghanistan update- 3 US soldiers and Afghan troops and civilians killed in 2 suicide bombings in the East of Afghanistan
http://news.bbc.co.uk/1/hi/world/south_asia/6966499.stm

They think first and fire later
British troops complain about the tactics of their US counterparts in Helmand province
http://www.timesonline.co.uk/tol/news/world/asia/article2323959.ece

5 Western soldiers killed in series of attacks in Afghanistan
www.reutersalertnet.com (click for link)

Taliban release 12 Korean hostages
http://www.christiantoday.com/article/taliban.free.third.group.of.korean.hostages/12694.htm

Palestinian Prime Minister "Israeli did not keep one promise"
http://www.ynetnews.com/articles/0,7340,L-3443248,00.html

Niger Delta crisis, Cultural Solidarity vs Corporate Interests
http://www.informationclearinghouse.info/article18254.htm

Pepe Escobar - Sarkozy, Bush's brand new poodle
http://www.atimes.com/atimes/Middle_East/IH30Ak03.html

Kurt Nimmo - Bush Vietnam and the bloodbath - good for business
Excellent piece of historical analysis by Kurt Nimmo on the events in SE Asia 30 or more years ago
http://adereview.com/blog/?p=13

Surveillance - Naomi Klein - Democracy's new dawn is on CCTV
http://www.guardian.co.uk/commentisfree/story/0,,2155352,00.html


Top 25 quotes of the Credit crisis
http://news.goldseek.com/GoldSeek/1188318791.php

Prudentbear - Subprime's new song - the worst is yet to come
http://www.prudentbear.com/(click here for link)

VIDEO - food safety - Nutricide, criminalising Natural Health, Vitamins and herbs

http://video.google.com/videoplay?docid=-5266884912495233634&hl=en

Big Truth Reality 25/08/07

This is my new blog page, I hope you like it. I intend to produce daily (or near daily) Big Truth Reality blog pages giving you the best links from the previous 24 hours of news, the links to articles/videos etc which to me most reflect the appalling truth and reality of our world. The diea here is to give a brief one stop shop for articles and news. There will also be a series of topic resources, an in depth look at an individual topic.

Big Truth Reality 25/08/07

RIP Aaron Russo, who lost his battle with cancer today, a true hero for his work exposing the NWO and Illuminati, especially vital given his first hand contacts with the Rockefellers

Patriot hero Aaron Russo passes away
http://www.prisonplanet.com/articles/august2007/240807_b_aaron.htm

General strike on 9-11 - strike to show your disgust - disseminate
http://www.strike911.org/

More war on the horizon - Paul Craig Roberts
http://www.informationclearinghouse.info/article18249.htm
Please see here extracts with my comments attached

Quote ====================== (1) According to Baer, the Bush regime has given no consideration to whether Iran's response to a US attack might be different than to welcome it as liberation. What if Iran really were to arm the Iraqi resistance and/or to sink our aircraft carriers? How can any government, even one as incompetent, delusional and unaccountable as the Bush regime, initiate war without any thought to the consequences? ======================= (1) An attack on iran will cause them to actually start arming and providing full scale direct support to Shia militias, so far they have only tinkered, an attack will actually mean sophisticated weapons and Iranian Revolutionary Guardsmen joining the insurgency in Iraq. This will cause many US soldiers to die. Further, as PCR says above, the iranians have the capability to sink and aircraft carrier in the Gulf, indeed any ship in the Gulf is a sitting duck, the Russian built 'Sunburn' missile can evade the US Navy's phalanx defense system and as such leaves these boats defenceless if they are within a hundred miles of Iranian coast, i.e. anywhere in the Gulf. Indeed the plan is so likely to lead to a military catastrophe that I wonder if this is actually an Illuminati sacrifice, like Hitler's army at Stalingrad, there is no need to fight Iran when you are overstretched in Iraq with vulnerable supply lines. So I really do fear that the intention is to lose an entire army in the desert as a blood sacrifice. Further, it is clearly an excuse to use nuclear weapons once military defeat becomes clear and US casualties spiral out of control. An army of 150,000 men cannot fight two large scale wars and will be massacred if they try. Quote ========================= (2) On August 22 Bush told the Veterans of Foreign Wars that US troops are the "greatest force for human liberation the world has ever known." Tell that to the 650,000 dead Iraqis and the 4 million displaced Iraqis, and the tens of thousands of slaughtered Afghans, and the coming civilian deaths in Iran. Tell that to all the bombed civilians from Serbia to Africa who are blown to pieces in order that a US president can make a point. Bush goes far beyond George Orwell's "Newspeak" in his novel, 1984, when Bush equates US hegemony with liberation. ========================== This kind of talk is insanity, how can any fool, even a blindly faithful patriot, seriously try and state that the US military is the greatest force for liberation the world HAS EVER KNOWN. I mean come on, this is la la cuckoo crazy stuff, this is like Hitler falling apart as the tide turned against him, or a Roman emporer who has gone insane and starts babbling crap. Quote =========================== (3) America's hegemonic hubris is a sickness. A country that tolerates a war criminal while he openly plans to attack yet another country is definitely not a light unto the world. =========================== Yes indeed it is a sickness, and like imperial Great Britain is runs through much of society who believe all the rubbish they are spoon fed and who simply do not give a damn about the massive slaughter of Arabs or non whites. I mean the case against the war often has to be presented to people as being about the deaths of US soldiers (tragic as they are), rather than a million Iraqis dead, a million more wounded, 4 million displaced, DU littering the country. This to me shows simply how pervasive the culture and propaganda imposed by the elitist criminals has infected the minds of so many in the USA (and elsewhere too, just a bit less)

Lest we forget their suffering - Israeli army murders two boys playing in field in Gaza
http://www.imemc.org/article/50045

Brace yourself for the insolvency crunch (must read)
http://blogs.telegraph.co.uk/business/ambrosevanspritchard/august07/marketmayhem.htm

Britons personal debt now exceeds annual GDP
http://money.independent.co.uk/personal_finance/loans_credit/article2891207.ece

Paxman fears for Newsnight future - cutbacks affecting the quality of news coverage
[just another way of making sure the BBC tows the line]
http://news.bbc.co.uk/1/hi/entertainment/6962793.stm

Britain's Imperial Shame - Indian holocaust
New research indicates that British reprisals for the Sepoy rebellion may have killed upto 10 million Indians over the course of the next decade
http://www.guardian.co.uk/india/story/0,,2155324,00.html

Stephen Lendman - Market Efficiency Hokum
Exposing the myth of perfectly efficient markets
http://www.rense.com/general78/makr.htm

Robert Fisk - Iraqis don't deserve us, so we betray them
http://news.independent.co.uk/fisk/article2886358.ece

Murdering the eyewitnesses - F-16 pilot who saw Flight 93 shot down died of sudden heart attack in 2001
http://www.rumormillnews.com/cgi-bin/forum.cgi?read=108310

Pepe Escobar - Welcome to Hillary's wars
Disgusting Hillary Clinton and her war fevour
http://www.atimes.com/atimes/Middle_East/IH24Ak01.html

Militias seizing control of Iraqi electricity grid
http://www.nytimes.com/2007/08/23/world/middleeast/23electricity.html?ex=1345521600&en=ec2685fb33d35d33&ei=5090&partner=rssuserland&emc=rss

Riot in Rostock (archive June 2007)

Riot in Rostock – Shaming of the G8 Criminals

1000 injured – 175 arrests - Extent and seriousness of riot is covered up by Western MSM in an attempt to lessen the disgrace of the G8 leaders

Why I support the Black Bloc and other Anarchist rioters

Whilst a strong argument can be made for pacifism and non violence, there also surely comes a time when enough is enough, and if such a time can come then surely we have reached it now. With our twisted deceit filled leaders and our warmongers and criminals we have come now to a time where if they are not stopped then the world will take decades to recover. The billions kept in poverty by trade 'policies' which deny them medicines and employment and education and clean water. Those hundreds of millions living under the reality or threat of Western violent imperialism, the murdered and maimed, the imprisoned and abused, if we do not stop them soon we will have so little of the world we value left. As a civilisation, where exactly is our line in the sand???? So I say - GET SOME ANARCHISTS, GET SOME !!!!!!!!!!!! It about time people stood up, all power to the Black Bloc and others.

Please take a little time to watch these two 'trailers' for the G8 protests this week: -

G8 2007 Protest Trailer

http://www.youtube.com/watch?v=Uk-MBWp4vh8

F*** G8 (graphic images - you may need to confirm your age to view this video)

http://youtube.com/watch?v=2O5s_J_Iloc&mode=related&search=

RUMBLE IN ROSTOCK – Resource for news of actual events on Saturday (unavailable in MSM)

Although you could not tell from Western mainstream media, the riot in Rostock was very large and involved hours of running battles throughout the town of Rostock, over 400 police were injured and over 500 protesters, and the summit has not even begun!! There is promise of much more to come over the course of this week as people express their outrage at the rigged global financial and trade systems, and at the ongoing lies and deceit and murderous policies of G8 leaders and the NWO.

The only worthwhile MSM report on Saturday's events can be found here: -

Rumble in Rostock

http://www.spiegel.de/international/germany/0,1518,486330,00.html

Independent media report: -

http://www.indybay.org/newsitems/2007/06/02/18423868.php

Timeline of Events

http://de.indymedia.org/2007/06/180311.shtml

Reports - more violence on Monday

http://www.guardian.co.uk/worldlatest/story/0,,-6682397,00.html

Great Videos (with sound) of Saturdays events

Rostock G8 Samstag

http://www.youtube.com/watch?v=lwpf7U07oTs

G8 Rostock part II

http://www.youtube.com/watch?v=CFJmSunh5Z4&NR=1

Police violence at G8 protest Rostock, Germany

http://www.youtube.com/watch?v=fo8UJOfisbg&NR=1

Protesters raise their hands to police (Quicktime video)

http://www.zoulstory.com/g8/MOV02880.MPG

Marching band

http://www.indybay.org/uploads/2004/03/20/cops_get_trashed.mov

People Dancing

http://www.youtube.com/watch?v=kYwo3s725FU

More violence (Quicktime video)

http://www.zoulstory.com/g8/MOV02910.MPG

G8 Protests – throwing stones

http://www.youtube.com/watch?v=PVvUdTNA8Io

Great Pictures of Saturday's Protests

http://adf-berlin.de/html_docs/gallery/2007/rostock_02_06_2007/rostock_02_06_2007.php

http://www.indymedia.org.uk/en/2007/06/372134.html

http://www.indymedia.org.uk/en/2007/06/372148.html

http://www.indymedia.org.uk/en/2007/06/372161.html

http://www.indybay.org/newsitems/2007/06/02/18423860.php

"Different Phase" - Iran Crisis (archive March 2007)

“Different Phase” - will Tony Blair commit the ultimate crime against Iran?

By Alasdair Biggs

Could it really be true, is this vile little effluence of a Prime Minister really thinking of allowing, and indeed compelling, British troops to be directly involved in any military action against Iran?

The recent capture by Iran of 15 British marines and sailors is the latest and hottest stage of the cold war currently being played out in the Persian Gulf. Two carrier groups are already in range of Iran, and several more are reputed to be in position near theatre in the Western Pacific and Mediterranean, being readied to enter the stage if called upon by the crazed neocons. France seemingly has also decided to do its bit for Western imperialist posturing by sending the Charles De Gaulle aircraft carrier, Europe’s largest, into a near-theatre position in the Indian Ocean.

This seemingly insignificant little spat over the whereabouts of the British marines at the time of capture could easily be an engineered trigger to a steep worsening of the crisis, which could turn the war games and military exercises being played out in the Gulf into a large scale military strike.

How many people really believe that these British men and a woman where nowhere near Iranian territorial waters as has been claimed so vehemently by Blair and foreign secretary Margaret Beckett? Despite their claims of “no justification for their seizure” from Blair, it does appear more slightly more probable that the truthful assertions come from the Iranian side, who say that those seized had illegally entered or strayed into Iranian territorial waters.

Could this indeed be the start of a trigger or series of triggers and excuses which lead to a military attack in Iran? Why is Tony Blair talking of a different phase” or more aggressive diplomacy against Iran if the men and 1 woman are not released in a few days? Afterall, these soldiers will not be in any danger, unless of course perhaps if Iran is attacked. There is no precedent for Iran holding uniformed military personnel and mistreating them. Surely the worst outcome from such a seemingly innocuous occurrence would be their release secured in, at most, a few months time perhaps as part of a prisoner exchange?

At least we can be grateful that the incident did not involve US sailors and marines, as the shooting war would have started by now had US service personnel been surrounded by Republican Guard naval fast boats, as indeed was clarified for us in a report by the Independent yesterday -

“US troops would have fought Iranian captors”

A US naval officer complained to the Independent that -

“They [the British] had every right in my mind and every justification to defend themselves rather than allow themselves to be taken. Our reaction was, 'Why didn't your guys defend themselves?'"

Why indeed, why indeed, doubtlessly lamented the officer to himself, straining at the leash to unload death and hell upon he people of Iran for being somehow different from the Decider and his ilk. Perhaps the event was a lucky escape from an instant military bombardment unleashed by the US once it sailors had duly lost the firefight against far better equipped Iranian fast patrol boats. However, given recent developments such a rosy scenario seems unlikely just yet

Could the crisis lead to a downward spiral of ever worsening incidents?

Sadly, the stage appears set for escalation. The British Foreign Secretary has cut short a trip to Turkey to “manage the crisis with Iran” and Tony Blair is referring to “a different phase” of the crisis if the British sailors are returned within a few days at the most. The first meeting of the Cobra committee, used in the event of a national crisis, has already been held.

US officials have said that whilst it is a British matter they hoped it would be dealt with firmly by their major ally in the “coalition of the willing”. Whilst it is difficult to imagine how the shooting could start as a direct response to this incident, it is not at all difficult to see how this could be the first in a series of confrontations and escalations that do eventually lead to a shooting war. For instance, will the out-gunned British patrol rhibs (rigid hull inflatable boats) be replaced by something more sturdy and better armed? The next time they stray into (or not) Iranian waters will they have the weaponry and orders to respond in force? Will a large British ship be used to fire upon Iran fast patrol boats if they threaten smaller British patrol boats when they inevitably come near the Iranian waters of the Shatt al-Arab waterway. The Iraqi section of the waterway is as little as 200 metres wide in some places so presumably fast boats can stray outside of this territory within a few seconds of deciding to do so (or simply by getting confused).

Will the UK and US patrol even more aggressively along the edge of Iranian waters (and indeed into - or not) as a result of the latest incident, further heightening the chance of each sides patrol boats opening fire on each other? This would all be mere speculation with little meaning were it not for all the deployments of extra forces to the Gulf and nearby, such as the scores of attack planes recently deployed in Turkey, and scores more in Romania and Bulgaria, the arrival of oil tankers in Romania and Diego Garcia to enable refuelling flights to operate in support of long range bombers and ground attack aircraft. Rumours abound of planes arriving at various other locations in the Gulf and Stratcom having created a headquarters in one of the Persian Gulf’s principalities.

Would such a spark, a doubtless engineered incident, lead to the implementation and execution of operation TIRANNT and CONPLAN 8022, whereby 10,000 targetscould be hit in a single raid? Surely this relatively little incident could not escalate to such a level.

Yet for sometime informed observers such as Scott Ritter have said that an attack has been planned and in 2005 Ritter even gave a date of April 2007 for an attack. Were the Iranians to keep these detained British marines and sailors for more than a few days, will US and British forces antagonise the situation further by taking on an even more aggressive and invasive posture in the hope that the Iranians do something reckless so the shooting can start in earnest?

April 6^th at 4am?

These questions cannot be immediately answered in any verifiable manner, however, another troubling development came to light yesterday. Retired Russian general Ivachov has confirmed other reports that Russian military chiefs have concluded that a strike appears likely to be conducted in less than 10 days time, with a possible start time of 4am on April 6th, and an initial strike duration of 12 hours. The general even called for an emergency UN Security Council meeting to discuss measures to halt any planned aggression by the US.

Again we cannot know for certain what is being planned and if the assessment by the Russians is accurate, yet there have been threats of action for some time and the hardware is now in place. Perhaps we are in the late stages of the stand off which is about to get disastrously hot with all the feared spill-over effects and anticipated escalations leading to full scale war or a nuclear first strike.

What is truly galling from a British perspective is that it appears possible that Blair is allowing Britain to be drawn into any upcoming confrontation by creating an incident which will clearly escalate further should Iran refuse to release the captured sailors. Across all the major UK news media today has been running a story about the family of the female sailor amongst those captured, specifically that they are extremely distressed about the capture of their daughter , Leading Seaman Faye Turney. Could the government be softening up the British public for an escalation of the crisis?

If the current incident or crisis is indeed the start of a series of escalations, and if Tony Blair is attempting to get Britain involved militarily in the catastrophe sure to arise once air strikes commence on Iran and its people, if indeed true then Tony Blair will go down as the greatest ever British traitor. There is no plausible excuse this time for getting the UK involved in such a blatantly criminal act as operation TIRRANT (or English Cock as suggested by General Ivachov), being the execution phase of CONPLAN 8022. Should he order British troops to take part in what is sure to be the worst catastrophe in post Cuba missile crisis world history, then Blair will have emphatically secured his dastardly place in history.

If such a scenario does play out then shame on you Tony Blair, shame on you! Your crimes will never be forgotten.

Unrealistic Debt pricing (archive article march 2007)

Unrealistic Expectations of Debt Risks

by Alasdair Biggs

Sub-prime Bust: Financial Advisors and Wall Street commentators always quote incorrect statistics with regard to debt, this is endangering the entire credit system.

The approach to debt of the Fed under Greenspan and Bernanke, plus the fiscal policies of the US government over the last 6 years, have gone beyond anything previously known for the world’s foremost economic power. Massive expansion of broad money (M3) through credit creation by the Fed, which has subsequently spread around the globe, is a catastrophe waiting to happen. Indeed, this is so clearly the case, in that issuing ever more credit will eventually lead to a sharp pullback in liquidity, that informed observers are at times left aghast at the widespread complacency in the market place. One wonders of the people with large brains who work at the Fed, and for investment banks, do they have some idea of the trouble which has been brewing?. With all this loose credit which has been flooding the mortgage markets, the financial markets and even personal spending for the last decade, surely they can see a storm on the horizon?

When one looks at historical debt levels in comparison to income levels (not asset valuations) you can see that currently the US and others are at a a truly astronomical level of indebtedness. Most 'analysts' or 'advisors' will compare debt levels to asset value levels , such as comparing mortgage debt to house price valuations. The house, share or fund holding, or car etc in this case being the asset used to measure against the outstanding debt and interest owed. Often quoted by economists and the like, this measure of debt currently has the US consumer merely to a level of excess, significantly above average but not to an unprecedented degree of indebtedness.

The error made here is that when you incur a debt, you have to pay it off someday, it will not go away unless you clear it using cash. Whereas, an asset value can change, and quickly, assets can go away by becoming less valuable.

In reality, if your house goes down in value by 50,000 dollars and your shares by 10,000 you now have $60,000 less assets than you did before, so suddenly your debt to asset ratio can change a great deal as your debt will not go down along with your notional asset value. Sadly, you can only reduce debt with flows of cash income, be they earned in a job or re-levered with a different lender (i.e. borrow from one new credit provider to pay off another) or even earned through good investments.

Clearly, the current most popular choice, for literally tens of millions of consumers, is rolling debt over to another creditor (or re-leveraging as it is known), which in turn means your debt will not go down much, perhaps a little due to a better interest rate. Even more sadly, typically your debt will likely over time increase due to costs, late payment charges and unpaid interest accrued. Yet your debt may inflate most of all due to extra debt being taken on, the temptation to raise the debt you carry by say 10%, thus allowing you to extract a cash flow to buy a new flat screen tv or indeed as statistics troublingly often demonstrate, just to pay the bills when your financial situation has taken a short term dip. This is called equity extraction and is most commonly of the cash out mortgage variety.

At some point in time you have to pay off some debt capital, as opposed to just interest payments, or else forever be doomed to paying a larger and larger share of your income in interest. Such a fate is not welcomed by many so eventually people realise they have to reduce their indebtedness.

Thus, in order to pay off your debt, you have to use your INCOME. So if you have a mortgage at 4 times your income level, plus say $25,000+ in credit card, car loans and university loans, you are economically now a debt slave. To show this I include a fictional yet typical example here: -

An example of typical personal debt

Say Mr A Mugh earns $40,000 per year after tax and insurance (annual salary of $60,000) and bought a small apartment this year for $240,000 with a 100% mortgage paying 6.5% interest per annum he will have to pay almost $20,000 per year in mortgage payments. This twenty thousand comes out of his income and is a direct drag on his economic activity, i.e. his spending.

He still has to deal with his $25,000 in credit card, car loan, tv loan and store card debt. On these he pays much higher rates of interest, but say he is reasonably smart he can keep this down to an average of say 9%. Mr A Mugh will therefore pay $2250 per year in interest only charges on this debt. If he wishes to pay this debt off over say 10 years he must also pay off capital of $2,500 per year.

Hence his debt service outlays are about $25,000 per year on take home earnings of $40,000. Leaving him a measly 300 bucks per week to pay utility bills, food and clothing and any property taxes, plus of course enjoyment, holidays etc.

Previously, let us say as an example, he was paying only $1,200 per month rent and was spending $2,500 on credit per year. Mr A Mug was previously spending $28,000 per year after rent. Now as we have seen he will only have $15,000 a year to spend due to his decision to start paying off debts and own his own home. His reduced spending effectively will hurt the places he spends his money, yet his debt to asset ratio has improved as he now owns a home, whereas before he had no assets. At the same time as debt to assets improving, his debt to income ratio has worsened from about 0.6 to over 4.5, and he is now spending less money on consumption, which is 72% of the US economy.

In order to get back to his old spending levels he will have to grow his income by a staggering 30% in real terms (i.e. above inflation matching wage increases of say 3.5% per year). The major problem here for most of the good people of the USA is that median income levels have been flat or falling for 5 years.

Real world effects

The scenario I have described above is quite indicative of the current prevailing culture of debt and is not an extreme case and in fact such a case is not untypical of mortgages rated well above sub-prime, i.e. your normal employed US citizen with a wife and kids is very very often in such a situation. Sadly, there are millions of cases worse than indebted to say 5 times income.

Unless a person wants to always be in debt to everybody’s favourite high street creditors they really must pay off some debt. Therefore, in order to gain the cash income to pay off some of your debt, and not just keep treading water until the day you die, they have two choices:-

1) to earn more money (yet we cannot all earn more money, indeed about half of the US population is now earning LESS money in real terms than in 2000)
or
2) to sell some of your assets, car? house? pension savings? (what other sellable assets do most people have, perhaps a few grand of shares at the very most)

When debt levels are more normal and the economy functioning well, the majority of people will successfully take option (1) and will gradually pay off their mortgage and other debts, preferably before they retire.

The favourite statistic used by those who deny there is a serious problem with debt levels in US society, is the Debt to Asset ratio, which is currently quite normal (pretty high certainly, yet still normal), the problem here is that this balance can change overnight. Debt will not go down when your shares do or your house has a lower value. Debt is constant unless you pay it off using CASHFLOWS, earnings from work or investing etc.

Unless you sell your house or rent it out you will receive no income from this asset. Hence regardless of the value of your house, it is your income which will pay those mortgage bills or pay off that car loan or store card balance. Yet try telling this to an analyst or loan advisor, all they will do is quote you the debt to asset ratio, which assigns current market value to your house and investments, even though market value is purely notional unless you actually sell the asset and receive cash to ‘book the gain‘.

Cashflows, i.e. income, is used to service and pay off debt, unlike the notional value of your assets. As of the end of 2006, Debt to Income ratios in the US currently stand at 132% of after tax income for every man woman and child in the USA. This is a record high and has increased from 108% since 2002 alone! Nominal personal debt has increased in this time from $8.46 trillion to $12.8trillion in the last 5 years. (figures extracted from Federal Reserve - Flow of Funds data). We are at historically unseen debt levels when compared to income levels, there has never been anytime in history where people had so much debt compared to their actual income. Indeed when looking at long term figures there has never been any period where debt to income levels have come close to today’s levels.

The Great Deception

Any fool can comprehend the details above. Apart from the lucky few percent who can pay off their debt by selling off good investment assets, most people will have to pay off their debts using their income from their jobs (the same income as mentioned above is on average going down slightly every year in real terms). Again I state, any fool can see the truth of the matter once it is explained to them.

Given the rather obvious nature of debt to income, and that a person’s assets will not pay off any of their debt at all, unless they are sold, why oh why do mortgage advisors, and financial analysts and economists pretend that assets are used to pay off debts? Continually they will fire off to anybody who will listen that the debt to asset ratios of US households are normal (if a little high) and as such people who are concerned that Credit Boom will lead inexorably to Credit Bust are simply fools or troublemakers. These same advisors and commentators seem to believe that your house will magically pay off your debts simply by its very existence. They will then doubtless fail to mention that you have to sell the house first and move into rented accommodation in order to achieve the asset-enabled debt freedom? In other words, for your assets to pay off your debts you must first lose your home (willingly or otherwise) and start renting again!!

This statistic, along with deeply suspect inflation and unemployment data, is widely used to justify the Goldilocks view of the US economy, being those Federal Reserve briefings view of the US economy- the all is pretty rosy view of the US economy. Such a view is likely what you will find if you consult a financial advisor, the very same one who will advise you on what mortgage to take out with his or her firm.

On the Wall Street analysis level, the irrelevant and misleading debt to asset ratio, along with afore-mentioned suspect inflation and unemployment data, is used to justify a bullish view of the market and the new paradigm economy drivel. “Things work differently from how they used to”, “the old rules do not apply”, all the same rubbish being touted to the public as was the case in 1999 with the technology boom and hence bust.

The pressure is immense on Wall Street analysts to be overly positive, in order to please clients and gain their business. Afterall, if you tell a prospective investor the economy is in trouble they are much less likely to use your services to buy and sell shares or indeed anything else. Time after time Wall Street analysts will present rosy pictures of debt issued by their customers, those investment banking fees for bonds issuance are just too good to miss!!

This same pressure to present a rosy view is also widely at play in the personal debt market.

Delusion as a Sales Trick

When an individual is determining their own propensity to acquire more indebtedness, generally, the individual will look towards their debt level and compare it to their income. This is only the natural response of a person to compare anything to the income they receive, the yardstick of measurement as it were. Yet when they see financial reports, they are deceived into thinking otherwise by the widespread use of comparisons of debt levels to asset values. This faulty comparison leads them to an overly optimistic view of their own finances. Such assessments (of debt to asset values) reduced the perceived level of risk in taking out more debt. Whereas comparing debt to your own income level will leave a person with a more realistic view of the risk they face, afterall, as noted above, the income level will be used to pay off the debt unless a person wishes to lose their assets in order to pay their creditors..

Taking in combination the teasing of the individual with advertisements for more or cheaper debt “oh it such a nice thought to have that holiday” and the perversion of the individuals perception of debt risk, and you have a heady combination. People are bombarded with offers telling them that more debt is a good thing, yet most people would actually ignore unreasonable offers if they have realistic expectations of risk. Even your average individual knows when to stop, although clearly some will always fall for marketing.

What actually makes so many of these people take on more debt than they can afford, is a reduced perception of debt risk. People are fed a line by financial advisors and Wall Street analysts that their debt level should be compared to something other than their income. In other words , they are fed the unrealistic expectation that taking on so much debt is a low risk business, because the current value of their home is so high and homes don’t go down much in value, do they?

Unrealistic expectations are fed down the chain from the serious Wall Street economists and financial analysts, who are read by your local financial advisors. They in turn will tell Mr & Mrs Jones who come through the door, that of course it is normal to buy a house with a 4 times earning mortgage and no down payment.

I state again, all of this unrealistic expectation of risk free indebtedness comes from the false usage of debt to asset levels as a barometer of relative debt accrued over any given period of time. The only value comparable to debt levels is income, as it is income which pays off debt. Other than the top 10%, most people who end up relying on assets to pay off debt are those who lose their homes, either through repossession or being forced to sell and go back to renting.

Unrealistic expectations lead to weak debt structures, and this is now what the US economy is swamped by (or soon will be - literally). Weak debt structures, risky debt masquerading as good quality debt. Again, just like so much else it is all built on a pack of lies fed down from the top end analysts to your local financial advisors and then on to Joe public.

The situation is actually enabled on the macro financial level by unrealistic expectations of debt risk created by the vast hedging industry where debt is repackaged into bundles which then have derivatives created off them. The perception is that the risk level is this reduces, it is not, it is simply moved about. Let us face facts, you cannot reduce risk by creating a potential liability of tens and hundreds of trillions in the debt risk hedging markets. All you do is move the risk around, perhaps even creating new risk.

Risk is repackaged and moved on and indeed greater risks than would otherwise have been are taken on by financial institutions because their analysts too believe the lie that debt can be mitigated by asset values or risk reduction exercises. Hence the system is further overloaded, in endemic fashion, CREDIT OVERLOAD, from top to bottom, from the macro level tens of trillions of dollars to those with a $5,000 credit card debt.

So watch out for the coming big credit crunch, when unrealistic risk expectations are dashed and risk is again measured correctly at every level of the economy, just as in 1929, the only promise I can make is that it will hurt, it really really will hurt.

Sickening Departures and Unchallenged Ascensions (archive article may 2007)

Blair and Brown - Sickening Departures and Unchallenged Ascensions

by Alasdair Biggs

Good riddance to one murdering war criminal and charlatan

The saga of Blair's sickening and unjust peaceful departure, and the vile PR farewell tour, have being going on unabated now for some weeks. From his stomach-churning resignation speech at his Sedgefield constituency, where he stood by the crimes he has committed, to Washington and Baghdad, Blair's tour goes on. It started earlier in the year with various television appearances. The most famous of these was a scene in a charity tv gig (Comic Relief) with British comedienne Catherine Tate, where he did a sadly rather good impression (Am I bovvered?) of her most well known comedy character. In it he showed clearly that he would have done rather better had he chosen acting or live performance rather than to act like a decent politician, only later to turn into a war criminal and cheerleader for slaughter. Blair, a man then skilfully acting like a good politician, told the British people in 1997 that New Labour (re: Tony Blair) would change the UK, in the process ensuring 'things only got better'.

War, bloodshed and hundreds of thousands of shot, shrapnel peppered and incinerated civilians later, his fakery is there for all to see. He has recently said clearly, whilst in Washington for one last suck on the penis's of the Dark Ones, that he has no regrets about “standing should to shoulder” with Bush and his criminal wars. Blair went further in his praise by saying that Bush was "a strong leader at a time when the world needs strong leadership."

Speaking of which, Jimmy Carter rather excelled himself as a (recently discovered) purveyor of truth when he, now famously, commented 'carelessly' at the weekend that,

"I think as far as the adverse impact on the nation around the world, this administration has been the worst is history”

He then went and did even better in a BBC interview where he described war criminal Blair's policy of close ties to Bush and the neocon killers as,

“Abominable, Loyal, blind and apparently subservient” he went on further,

“I think that the almost undeviating support by great Britain for the ill advised policies of President Bush in Iraq have been a major tragedy for the world”

Indeed so, and a bloody sight bigger tragedy for the bombed and murdered and deprived people or Iraq, deprived of peace and of security, deprived of electricity and education, deprived of a sewage system and of access to medicines, deprived of air and water free from Depleted Uranium particles, deprived of so very very much.

Upsettingly enough, and tragically for the Labour Party and democracy in general, even the recent resignation of BLiar was not enough to see the Labour MP's show some real spine. No challenger could get enough nominations from MP's to stand against Brown's ascension to the throne. Two good anti-war, anti-NWO MP's did try to, but then they had to pool their nominations in order to get the backing to mount a party leadership challenge, and even then not enough Labour MP's were able to display decent morality by putting their names on the list. The disgraceful failure in this bid was best summed up by George Galloway,

“It is a devastating indictment of the Parliamentary Labour Party that it could not muster even two thirds of the number of MPs John McDonnell needed simply to be on the ballot paper for Labour leader.

“But Gordon Brown would be fooling himself if he thought that there was as little support in the country at large for the brand of real-Labour policies which John McDonnell put forward and which are a cornerstone of Respect. Labour MPs are living in a different world from most people.

So what can we expect from Gordon Brown, the unopposed and unelected new Prime Minster of not-so-Great Britain? Well there have been two reports which give the impression that perhaps Brown will be different, first of all came news that perhaps brown would not be the same neocon cheerleader into which Blair morphed, indeed The Sunday Telegraph went as far as to say that,

“Senior officials in the US National Security Council, the Pentagon and the State Department have expressed their fears about Brown,

"There is a sense of foreboding," an unnamed senior official was quoted as saying.

Then quickly afterwards we were told by the Scotsman that Brown is now planning to withdraw most of the British troops from Iraq by the end of the year. Only after, of course, the obligatory photo op, I mean visit, to the British garrison in Basra to allow him “take a look for myself and assess the situation on the ground”. He will then allow 5,000 out of 7,000 troops to go home by the end of the year, or at least this is 'one of the foremost options under consideration', according to one of his soon to be new ministers. Well that sounds to me rather like there is still room for alterations to such a plan. So the question is, will Brown and his Cabinet Ministers show some backbone, or will they surrender to the demands of the neocons, willingly surrender perhaps, and keep troops in (occupational) situ until they are allowed to withdraw? We shall see if this is merely a popularity craving bit of 'spin' or has teeth.

Will he really do anything? Will Brown reverse any of Blair's policies, such as Iraq, Afghanistan, nuclear energy and new reactors, replenishing the needless stockpile of US bough nuclear weapons? Will Brown reverse the policy of surveillance, a policy which in the words of Hampshire's deputy chief constable who, utterly dismayed at the installation of cameras in a sleepy Hampshire village said,

"I'm really concerned about what happens to the product of these cameras, and what comes next?" he said.

"If it's in our villages, are we really moving towards an Orwellian situation where cameras are at every street corner?

"And I really don't think that's the kind of country that I want to live in."

Well, will Gordon Brown make Britain “the kind of country I want to live in”? Given his unopposed ascension, failure to oppose the war in Iraq, failure to oppose nuclear energy expansion or Trident, failure to roll back the surveillance society, plus his Bilderberg backing, sadly I am afraid that I really really doubt it. The current 'encouraging' noises all have the same old feeling of opinion-poll-manipulating spin, nothing more, nothing less.

The Lucifer Project (archive article June 2007)

THE LUCIFER PROJECT

I recently watched and read about something truly disturbing and frightening, it is called the Lucifer Project, for those who are not aware of it, please take the time to watch this short video and then read the article linked below (first part extracted here)

The Lucifer Project (4mins) – some of the most shocking video you will ever see

http://www.mytv.it/Clip.aspx?key=C2D9CBB905B1DFE2

Now please do take the time to read a full explanation of the alleged project and what its consequences maybe.

Full article found at link here, extract of first part below – no author's name given, clearly out of fear of being targeted in some way

http://www.rinf.com/news/nov05/lucifer-project.html

Non est ad astra mollis e terries via.—There is no easy way from the earth to the stars. Seneca

This is a documentation and study of the feasibility of creating a sustainable fusion reaction from an initial fission reaction on Saturn caused by a significant quantity of Plutonium-238 being inserted deep into the atmosphere. A fusion-ignited Saturn-sun would be the key to creating a human-habitable area on Titan. This report is the result of my intensive research on this subject since late 2002. I could not be so confident in my assertions if it were not for the additional key research of Jacco van der Worp, a Netherlands physicist, and former NASA Consultant, Richard C. Hoagland. I am sure I will be accused of being an alarmist, but I believe the information presented here will convince any open mind that there is at least some suspicious activity regarding NASA's Galileo and Cassini missions.

“~Exotic Titan, Saturn's largest moon, like an early earth frozen in time~” ¹

There are a few people in the world, who with endless imagination and creativity in union with massive resources and high technology have been playing “God” and secretly experimenting with changing the makeup of our solar system. There are not too many plans conceived that could be greater than creating a new star in our own backyard. One could almost claim godship upon success. Although at first I considered hiding what I knew so that the plan would go forward with full success, in the end my conscience overcame this desire since I knew there could be dangerous Earth implications for such a plan. Also keeping something this large a secret would be like finding a massive buried treasure while deep-sea diving and then never returning or telling anyone about it. (I still find myself wavering back and forth between wanting to see this spectacular plan unfold and not wanting it to happen knowing the potential consequences). I first stumbled onto the reality of this project while reading a famous conspiracy book entitled “Behold A Pale Horse” by William Cooper, former U.S. Naval Security Briefing Team member. Most people who came across Cooper's short account (only a couple paragraphs) immediately discounted it, afterall, creating a star with a plutonium bomb sounds somewhat incredible at first, but this idea captured my imagination and completely fascinated me. I kept asking myself, “Why discount this?” With advanced knowledge and technology, I could see how some great minds would start to think about doing once impossible things. The more I checked into the facts, the more I became convinced that Cooper did not just make this up out of the blue. Too many coinciding events that he had predicted started manifesting themselves for it all to be just a tale. I could not keep quiet anymore about the plan despite my appreciation of the deep science, creativity, and innovation that made it possible. Also, despite the long odds of the event occurring, I felt compelled to warn the public because of the potential danger from the cast-off of matter that normally occurs in a star's ignition. I will also make a case that there is a great deal of ritualistic symbology associated with the timing of this event, symbology that has strong ties to Freemasonry (old and new). I ask the reader to consider this scenario first: If a handful of the world's greatest scientists were hired and paid top dollar by an organization with great wealth to solve a nearly impossible scientific problem and were allowed to work on it full time for years or even decades, do you think they would have a good shot at solving the problem, assuming they had the latest and greatest technology at their fingertips and were allowed to work in secrecy? My personal answer to this is “Yes, I believe they would have a very good chance!” One needs only to know the story of the “Manhattan Project” to see this.

The logic of the Lucifer Project other than the extreme thrill of creating something so amazing, if not of sinister intent, could be that in order for humans to one day break out of this shell of Earth we must create more favorable conditions for traveling within our own solar system. For instance, could humans one day live on Titan? Maybe, but how do we warm it up? We play the part of creator and conduct solar system terraforming on a grand scale by turning Saturn into a small star that supplies Titan with the heat and light it needs to awaken. Turning one of our gas giants, like Saturn, into a star is the essence of the “Lucifer Project.”

“The goal of fusion is in effect, to produce and hold a small star. It is a daunting and tedious research which is considered to be the most advanced in the world.” ²

Star: A self-luminous, gaseous, celestial body of great mass which produces energy by means of nuclear fusion reactions, whose shape is usually spheroidal, and whose size may be as small as Earth or as large as Earth's orbit.³

“Alea iacta est”.—The die has been cast. Caesar

Hollow Earth (archive article June 2007)

HOLLOW EARTH IN VIDEOS

Definitely to be filed under mysteries, nevertheless, a fascinating set of radio interviews with George Noory on Coast to Coast AM looking at the mystery of Hollow Earth.

INSIDE THE HOLLOW EARTH

Radio show taken from CoasttoCoast radio where a Hollow Earth expert speaks at length about various aspects of the Hollow Earth and who lives there and what it is reputed to be like. Plus scientific and historical justifications for the theory.

Radio with pictures, 96mins in total

PART 1

http://www.youtube.com/watch?v=uIRdDA_EDfM

PART 2

http://www.youtube.com/watch?v=1soEAbWm4qc

PART 3

http://www.youtube.com/watch?v=hkJedHO-5yY

PART 4

http://www.youtube.com/watch?v=SLhVoWMDVVk

PART 5

http://www.youtube.com/watch?v=VKKp8tZykB8

PART 6

http://www.youtube.com/watch?v=PAyYf9GxtgE

PART 7

http://www.youtube.com/watch?v=ETxI-QBGvMM

PART 8

http://www.youtube.com/watch?v=MK694oSTxC0

PART 9

http://www.youtube.com/watch?v=fT2Cx1H9dm0

PART 10

http://www.youtube.com/watch?v=IVyNSF9rG1c&NR=1

Hollow Earth, Agartha, DNA, Serpent Magnetism

10minute short on Hollow Earth

http://www.youtube.com/watch?v=CPY1oumwu6c

MYSTERY OF THE HOLLOW EARTH

A look at the history of Hollow Earth theory various details concerning the Hollow Earth which has been a theory proposed over many centuries, from ancient religious texts to Adolf Hitler and the US post-war governments.

PART 1 (10mins)

http://www.youtube.com/watch?v=vt1liEpdC9c&NR=1

PART 2 (10mins)

http://www.youtube.com/watch?v=bklWxmeFpvQ&NR=1

PART 3 (5mins)

http://www.youtube.com/watch?v=_XvedESplYQ&NR=1

HOLLOW EARTH EXPIDITION – BROOK AGNEW

Coast2Coast AM radio interview with Brooks Agnew the leader of a planned expedition to find the entrance to the Hollow Earth near the North Pole sometime in late '07 or '08.

(34 mins in total)

PART 1

http://www.youtube.com/watch?v=M70JhlnRmpM

PART 2

http://www.youtube.com/watch?v=1HVbQ-KpVI8

PART 3

http://www.youtube.com/watch?v=ACr-_9wYQiM

PART 4

http://www.youtube.com/watch?v=PD6POOwMcjU

SCIENTIFIC HOLLOW EARTH; JAN LAMPRECHT

Excellent radio interview looking into scientific explanations of Hollow earth theory and how this is actually grounded quite well in seismic data taken from geological surveys which is currently ignored or explained away by sceismologists.

(80 minutes in total)

PART 1

http://www.youtube.com/watch?v=jBnWbPSLfO4

PART 2

http://www.youtube.com/watch?v=8nqjB8ta1YQ

PART 3

http://www.youtube.com/watch?v=gw_J6QOn4hs

PART 4

http://www.youtube.com/watch?v=wgRFICi8wJ0

PART 5

http://www.youtube.com/watch?v=IsXrR4lDDMs

PART 6

http://www.youtube.com/watch?v=KJXD3q4E3BA

PART 7

http://www.youtube.com/watch?v=yLpLlzRH14s

PART 8

http://www.youtube.com/watch?v=6WYKt5s1mYk