A Bailout for Eurozone in the works?

Question: A Greek, an Italian and a Spaniard walk into a bar. Who picks up the tab?
Answer: The American Taxpayer.

Three very important lessons from Charles Goyette (he also predicted the 2007 crash and the Eurozone crash as well) writing on the Eurozone crisis and how US taxpayers are being shafted to bailout Europe’s mess. The US Debt (yes – not my debt, not your debt – but you, your children, your grandchildren and their children will be paying for it in the form of higher taxes) is already at $15 trillion and the US government has only one income to pay it off – taxing the most productive and hardworking members of society. Two sure things in life – death and higher taxes.


Read the article at:





Nation states and their institutions, the governing classes and the lapdog media are always surprised by crisis. But you don’t have to be. If you understand that the European debt crisis is a dress rehearsal for what is to come here at home, you aren’t likely to underestimate the problem or put much stock in patchwork plans that provide liquidity but leave the underlying debt unaddressed.


For astute investors the allure of gold, which is nobody’s liability and doesn’t need to be backstopped by anyone, grows with each new state crisis.


The Rape of Libya: We Came, We Saw, They Died

“Every empire, however, tells itself and the world that it is unlike all other empires, that its mission is not to plunder and control but to educate and liberate.”
― Edward W. Said

A few months ago, I blogged about how a “Scramble for Africa” reminiscent of the 19th century one was developing – my words:

“Back home in the land of my birth – Tanzania, as kids we learned about “The Scramble for Africa” which was the invading, attacking, occupying, raping and pillaging of the Mother continent by European imperialist powers beginning in the late 19th century. Many resisted, they were called “terrorists” and jailed or killed. Slavery was ending but the imperialists wanted to still exploit the vast reserves of natural resources Africa had and establishing colonies (like the Green Zone) made it more attractive. Nothing has changed it seems. Today’s imperialists bomb Libya, salivating at its oil. The French launch military operations to overthrow the government of Ivory Coast, CIA working to influence Egypt’s next leadership is not the people’s choice (Egypt is the 2nd largest recipient of US “aid”, a codeword for bribes).”

Since then, US combat troops have landed in Uganda as well. Africa is being enslaved and exploited once again. Gaddafi was not murdered because he was a threat to his people, if that was the case we would be stopping our puppet tyrants in Bahrain, UAE, Saudi Arabia and other places from killing their own people. He was slaughtered because he was a threat to the EU countries and US who are seeking to exploit Libya. He refused to become their puppet. Now that Libya is conquered, Libyans will become slaves of yet another occupation much like Iraq and Afghanistan. Bear in mind, the people who will come to power now are not democracy and freedom loving or classical liberals. As the Libyan rebel Abdel-Hakim al-Hasidi has admitted his fighters actually fought for Al-Qaeda against US troops in Iraq. We have seen this before – You cannot shove democracy down anyone’s throat forcefully, that’s fascism and defeats the purpose.

We will now witness in Libya; a rise in Islamic extremism, violations of rights for women and minorities (like how we saw the killing of Christians in Egypt recently – how ironic Christians protected the Muslim demonstrators in Tahrir Square during Friday prayers – this is how they were paid back for their kindness), more terrorism, the exploitation of natural resources in Libya, and also another insurgence.

Here’s what Daniel McAdams at Lew Rockwell Blog writes this morning:

‘We Came, We Saw, He Died’
Posted by on October 21, 2011 06:30 AM
So cackles Lew’s appropriately named “Lady McDeath,” Secretary of Hate, Hillary Clinton. If you have the stomach for it, watch the video of this hideous monster gleefully pumping her fists in the pseudo-macho glee of an overweight sports fan grunting for his (or her) team to “hit them hit them!”

Asked whether her Libyan Death Tour had anything to do with the capture and murder of Gaddafi, through uncontrollable laughter she says, “I’m sure it did!” Not since the horrors of Hitler or Pol Pot has the world seen such psychopaths who revel so openly in the spilling of blood.

Actually, Hillary seems to have coined an appropriate phrase. It would make a much more fitting motto for her government’s foreign policy: “We Came, We Saw, They Died.”

Before we go to destroy save the world, let’s save America first. Let’s not kid anyone, these foreign policies are not “American interests”. They are not my interests for sure, nor do they help the 99% of Americans, nor help to create jobs, on the contrary, they take money (in taxes) from the most productive members of America and burn it in the form of missiles, drones and immoral wars against countries that are not a threat to America.

Diagnosing Military-Industrial Complex

www.bendib.com – America’s Most Wanted Cartoonist.
The pen is funnier than the sword. Cartoons that speak truth to power.

Occupy Wall Street – America’s Tahrir Square

‎”Those who make peaceful revolution impossible will make violent revolution inevitable.” ~ John F. Kennedy.

If you haven’t paid any attention to this, it’s high time you start (come on folks – this is a lot more important than “Jersey Shore” or “American Idol” or the other crap on TV. There’s a reason they call it “The Idiot Box”).

This movement is America’s Tahrir Square.

The trillions being given to bail out Maserati driving bankers are from your taxes – the money they are stealing from your paychecks. These people are protesting your rights, not those thugs and mass murderers bombing women and children in mud huts who cannot even spell America let alone get here and kill us.

A journalist, Louis Jargow, was violently arrested for documenting police brutality on his camera, a young woman is unlawfully attacked by a police officer, dragged into the street by her hair. Other young women protesting peacefully while being treated like sheep, pepper sprayed, point blank without warning or any provocation. Less than 15 minutes later 80 more people were unlawfully arrested. This is NEVER okay.

124 Tomahawk Missiles dropped on Libya = $186 Million

124 Tomahawk Missiles dropped on Libya at $1.5 million each = $186 million. The US Congress voted to cut funding for NPR which would save about $10 million a year but they are fine with Barack O-bomber dropping $186 million worth of Tomahawk missiles on brown skinned people in North Africa in a single day.

NATO Tomahawk missiles dropped on Libya total up to $186 million

The “Liberation” of Libyan Oil

Barack O-bomber, our beloved Nobel “War is Peace” Prize winning leader, has given up US sovereignty to the UN and started bombing the people of Libya. Is it me or does he love war more than Bush?

The thing is – even “smart bombs” can’t tell the difference between a Gaddafi mercenary or a rebel, a woman or even a child – bombs just kill and civilians will die. That’s a sure thing.

Who really believes that the “No Fly zone” was intended to “protect” civilians? Shame on them – wake up! Saudi Arabian troops shot protesters, then drove over to neighboring Bahrain and killed protesters there as well. The US/UK governments or the UN did not utter a word of protest – why? Because the Saudi and Bahrain tyrants are OUR tyrants.

Well, not even 24 hours after the bombing which killed civilians, Amr Moussa, the head of the Arab League (who is planning to run for President of post-Mubarak Egypt) complained to reporters:

“What happened differs from the no-fly zone objectives. What we want is civilians’ protection not shelling more civilians.”

Here’s the story and excerpts:

Arab League Slams Libya Attacks Amid Reports of Growing Civilian Toll

Having been instrumental in pushing the UN to approve the resolution authorizing the no-fly zone over Libya, the Arab League has found itself quickly regretting its Faustian bargain. Now, with reports of civilian casualties on the rise, they are condemning the massive air strikes by the US, France and Britain.

In addition to the Arab League, the African Union has also called for an immediate attack on all the strikes against Libya, saying it feared “serious humanitarian consequences.” Though the figures cannot be confirmed on the ground (particularly with the US warning journalists away from Libya), the reports as of late Sunday morning are that as many as 64 people have been killed in the air strikes and hundreds wounded. US commander Admiral Michael Mullen insists he has seen no reports of any civilian casualties at all.

US Should Stay Away From Libya

Here’s Sheldon Richman’s brilliant article on our warmongering politicians – Senators John Kerry, John McCain and Joe LIEberman are banging the drums, calling for a war against a country that is not a threat nor has attacked the United States (although the US has bombed Libya before and even killed Gaddafi’s adopted daughter). But the US military doesn’t seem too eager to rush into another war. If Kerry and McCain want to bomb Libya – they will need to fly the planes themselves.

Please call, write and email your elected representatives in the House and Senate and the President that another war is not in the best interests of America, especially at a time when several wars are already a huge drain on the economy and impoverishing the country.

Stay Out of Libya by Sheldon Richman

“Inside Job” Wins Best Documentary

“Forgive me, I must start by pointing out that three years after our horrific financial crisis caused by financial fraud, not a single financial executive has gone to jail, and that’s wrong,”
– Charles Ferguson (Last Night at the Oscars. His film “Inside Job” won the Oscar for Best Documentary – three years ago he was also nominated for his film “No End in Sight” about the US occupation of Iraq).

Instead of locking up the swindling Maserati driving bankers or even letting them go bankrupt, the government spent over $20 trillion bailing them out.

George H.W. Bush (George W. Bush’s father) wasn’t a great president but it was during his presidency that led to over a 1000 convictions in the Savings and Loans crisis of the 90’s. What a shame that President Obama actually puts Tim Geithner in charge – The wolves guarding the sheep get to decide now what’s for dinner.

Watch the Trailer: