1860 Colt cartridge conversion
3 hours ago
Just a bit of information that you do with what you will. As the old saying goes: "TRUST NO ONE".
The conventions of a number of the States having at the time of their adopting the Constitution, expressed a desire, in order to prevent misconstruction or abuse of its powers, that further declaratory and restrictive clauses should be added.Read these closely, think of what is occurring daily, and ask yourself- for just how long has the united States government used this, and the Constitution, to wipes it's ass with?
Article the first [Not Ratified]
After the first enumeration required by the first article of the Constitution, there shall be one Representative for every thirty thousand, until the number shall amount to one hundred, after which the proportion shall be so regulated by Congress, that there shall be not less than one hundred Representatives, nor less than one Representative for every forty thousand persons, until the number of Representatives shall amount to two hundred; after which the proportion shall be so regulated by Congress, that there shall not be less than two hundred Representatives, nor more than one Representative for every fifty thousand persons.
Article the second [Amendment XXVII - Ratified 1992]
No law, varying the compensation for the services of the Senators and Representatives, shall take effect, until an election of Representatives shall have intervened.
Article the third [Amendment I]
Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.
Article the fourth [Amendment II][4]
A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed.
Article the fifth [Amendment III]
No Soldier shall, in time of peace be quartered in any house, without the consent of the Owner, nor in time of war, but in a manner to be prescribed by law.
Article the sixth [Amendment IV]
The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no Warrants shall issue, but upon probable cause, supported by Oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized.
Article the seventh [Amendment V]
No person shall be held to answer for a capital, or otherwise infamous crime, unless on a presentment or indictment of a Grand Jury, except in cases arising in the land or naval forces, or in the Militia, when in actual service in time of War or public danger; nor shall any person be subject for the same offence to be twice put in jeopardy of life or limb; nor shall be compelled in any criminal case to be a witness against himself, nor be deprived of life, liberty, or property, without due process of law; nor shall private property be taken for public use, without just compensation.
Article the eighth [Amendment VI]
In all criminal prosecutions, the accused shall enjoy the right to a speedy and public trial, by an impartial jury of the State and district wherein the crime shall have been committed, which district shall have been previously ascertained by law, and to be informed of the nature and cause of the accusation; to be confronted with the witnesses against him; to have compulsory process for obtaining witnesses in his favor, and to have the Assistance of Counsel for his defence.
Article the ninth [Amendment VII]
In Suits at common law, where the value in controversy shall exceed twenty dollars, the right of trial by jury shall be preserved, and no fact tried by a jury, shall be otherwise re-examined in any Court of the United States, than according to the rules of the common law.
Article the tenth [Amendment VIII]
Excessive bail shall not be required, nor excessive fines imposed, nor cruel and unusual punishments inflicted.
Article the eleventh [Amendment IX]
The enumeration in the Constitution, of certain rights, shall not be construed to deny or disparage others retained by the people.
Article the twelfth [Amendment X]
The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.
"Yesterday, December 7, 1941—a date which will live in infamy—the United States of American was suddenly and deliberately attacked by naval and air forces of the Empire of Japan."He spoke for nearly eight minutes, and in that entire time, he never spoke about the fact that he knew it was coming. That he had worked to provoke Japan into making a "mistake" for the past fourteen months. That the knowledge had been withheld from Admiral Husband E. Kimmel and General Walter Short. These men lived their lives in shame thereafter and fought until death to clear themselves.
SSI Exclusive: FBI put pressure on Newsweek to keep details of PATCON Brown's Ferry Nuclear conspiracy quiet. Radioactive 302s & black bag jobs.Go read the REACTIVATED post and grab the document that is linked while you can- it vanished earlier.
Sources tell Sispey Street that the home of John Matthews' daughter was broken into over the weekend and although a television, an X-box and a small steel lockbox containing papers and a handgun were stolen, the burglars left behind prescription pain medicine, cash, and other valuable items. It wasn't because the burglars didn't find them, for "the entire place was completely trashed, they even tore apart the beds and bedding," said one source. "It was as if they were searching for something they didn't find it," the source said.
SWAT team's shooting of Marine causes outrageWhich is it you lying Jack Boot Thugs? He came to the door and you saw him pointing his AR or you broke the door down and murdered him? Don't answer, we know you murdered him.
By AMANDA LEE MYERS
The Associated Press
TUCSON, Ariz. — Jose Guerena Ortiz was sleeping after an exhausting 12-hour night shift at a copper mine. His wife, Vanessa, had begun breakfast. Their 4-year-old son, Joel, asked to watch cartoons.
An ordinary morning was unfolding in the middle-class Tucson neighborhood — until an armored vehicle pulled into the family's driveway and men wearing heavy body armor and helmets climbed out, weapons ready.
They were a sheriff's department SWAT team who had come to execute a search warrant. But Vanessa Guerena insisted she had no idea, when she heard a "boom" and saw a dark-suited man pass by a window, that it was police outside her home. She shook her husband awake and told him someone was firing a gun outside.
A U.S. Marine veteran of the Iraq war, he was only trying to defend his family, she said, when he grabbed his own gun — an AR-15 assault rifle.
What happened next was captured on video after a member of the SWAT team activated a helmet-mounted camera.
The officers — four of whom carried .40-caliber handguns while another had an AR-15 — moved to the door, briefly sounding a siren, then shouting "Police!" in English and Spanish. With a thrust of a battering ram, they broke the door open. Eight seconds passed before they opened fire into the house.
And 10 seconds later, Guerena lay dying in a hallway 20-feet from the front door. The SWAT team fired 71 rounds, riddling his body 22 times, while his wife and child cowered in a closet.
"Hurry up, he's bleeding," Vanessa Guerena pleaded with a 911 operator. "I don't know why they shoot him. They open the door and shoot him. Please get me an ambulance."
When she emerged from the home minutes later, officers hustled her to a police van, even as she cried that her husband was unresponsive and bleeding, and that her young son was still inside. She begged them to get Joel out of the house before he saw his father in a puddle of blood on the floor.
But soon afterward, the boy appeared in the front doorway in Spider-Man pajamas, crying.
The Pima County Sheriff's Department said its SWAT team was at the home because Guerena was suspected of being involved in a drug-trafficking organization and that the shooting happened because he arrived at the door brandishing a gun. The county prosecutor's office says the shooting was justified.
Kastigar sharply disputed that, calling the Pima County SWAT team one of the best of its kind in the nation. "We're not a bunch of country bumpkins in southern Arizona with big bellies and cowboy hats," he said.Yes you are as so many SWAT members around the Republic have already stated, in their opinions, you are. Not just any SWAT TEAMS, but members from some of the largest- all one has to do is read the comments from when this story first broke.
The shooting was justified, he said, because Guerena pointed his AR-15 at the SWAT officers and said, "I've got something for you," before they opened fire.Yes, tell us you unreasonable Jack Booted Thug- just why did those murdering ass-hats come? Your fantastic warrant?
The five SWAT team members who shot Guerena believed that he had fired his weapon first, he said. Subsequent investigation revealed that the gun's safety was on and hadn't been fired. Ultimately, that is not an issue, Kastigar said.
"What reasonable person comes to the front door and points a rifle at people?" he said. "It takes several milliseconds to flip the switch from safety to fire and take out a couple of SWAT officers. I'm firmly of the opinion that he was attempting to shoot at us."
An independent expert, Chuck Drago, a former longtime SWAT officer for Fort Lauderdale, Fla., police who now does consulting on use of force and other law enforcement issues, said that the shooting itself appeared justified.Even your paid-for Jack-Booted Thug Defending expert could not fully stomach his 30-pieces of silver.
"It's a horrible, horrible tragedy, but if they walked in the door and somebody came at them with an assault rifle, that would be a justifiable response," said Drago. "It doesn't matter whether he's innocent or not."
But after examining elements of the search affidavit, Drago questioned whether the sheriff's office truly had probable cause.
"When you back up and look at why they're there in the first place and whether the search warrant was proper, my mind starts struggling," Drago said. "There are a lot of things that don't make a lot of sense."
"Similarly, he would not be an advocate of overturning Roe v. Wade. Because he believes that that should be decided at the state level," Summa added. "We are for limited government, just like Dr. Paul is. But we also believe that there are some key issues that require some oversight by the federal government."Yes, we love the Constitution & Bill of Rights, until we don't- and will work to FORCE you to bow to our desire, from Big Daddy Feral Government's GUN TO YOUR HEAD, to stand before God so WE look good to him.
Celente: CME Did Not Guarantee Oversight in MF Global Scandal
Kurt Nimmo
Infowars.com
November 17, 2011
Bloomberg reports today that CME, the world’s largest futures exchange, may face liability in the MF Global scam that has bilked customers out of nearly a billion dollars.
Back on October 30, it was reported that CME noticed a shortfall in MF Global’s segregated client funds, but did not immediately report it to the Commodity Futures Trading Commission, the CME Group’s regulator.
CME oversees its futures-broker members such as MF Global under its authority as a self-regulatory organization and is required to report irregularities immediately.
CME’s behavior is especially suspect after $600 million fell in a back hole when it was placed in an account with Wall Street giant JP Morgan following the collapse of MF Global.
As we noted today, it is very suspicious that weeks prior to MF Global’s fall billionaire investors like the Koch brothers had the miraculous foresight to withdraw all their money, prompting accusations that big players got a ‘heads up’ in advance of the firm’s collapse.
Police raid Heckler & Koch in bribery probeHmm, I wonder, and this is just pure speculation on my part, if there are any papers relating to Gun Walker...
Police have raided the headquarters of German gun maker Heckler & Koch as part of an investigation into illegal gun sales to the Mexican government.
State police officers conducted the Thursday raid at the company’s Oberndorf corporate headquarters in Baden-Württemberg, searching the building and several nearby private homes for information about bribes the company is alleged to have paid to Mexican officials.
Those bribes are said to have resulted in weapons contracts with authorities in Mexico.
The company, which produces many of the world’s most popular small arms for police and military use, has been dogged by investigations into its Mexican operations for years.
Last December police searched its headquarters after it was accused of bribery and selling arms to Mexican states where serious human rights abuses had taken place.
It later said it never sold weapons directly to Mexican states, but rather directly to Mexico’s federal government.
Bundesbank gold location kept secretEnjoy the comments.
As pressure grows for Germany to tap its gold reserves amid the European sovereign debt crisis, the Bundesbank is refusing to end its silence on where its more than 3,000 tonnes of the precious metal is stored.
Economics Minister Philipp Rösler firmly ruled out digging into the country's reserves to help rescue the euro.
"German gold reserves must remain untouchable. I say this explicitly as Economics Minister, as representative of the Chancellor and as party chairman of the Free Democrats," he said on Monday on ARD television.
On Tuesday, the daily Financial Times Deutschland examined the speculation on where Germany’s horde of gold is being kept. The country's estimated 3,401 tonnes is the second largest national reserves after that of the United States.
Much of Germany’s gold would appear to be still in America, where it was held during the Cold War to ensure it never would fall prey to invading Soviet forces.
South Carolina Immigration Law Challenged by 16 NationsSouth Carolina, get your states top PR Flack and have him simply repeat this at a one time news conference to these "nations" and the ferals:
Citing concerns for their citizens, sixteen nations from Latin America and the Caribbean have asked to join in the U.S. Justice Department's lawsuit against South Carolina's controversial law that aims to curb the number of undocumented immigrants in the state.
Mexico, Honduras, Brazil, Ecuador, Chile and other countries filed papers Tuesday, asking to join the Justice Department's litigation in Charleston.
Honor the fallen and the standing at 11:00 for the requisite two minutes of silence.RENDEZVOUS
by: Alan Seeger (1888-1916)
I have a rendezvous with Death
At some disputed barricade,
When Spring comes back with rustling shade
And apple blossoms fill the air--
I have a rendezvous with Death
When Spring brings back blue days and fair.
It may be he shall take my hand,
And lead me into his dark land,
And close my eyes and quench my breath--
It may be I shall pass him still.
I have a rendezvous with Death
On some scarred slope of battered hill,
When Spring comes round again this year
And the first meadow flowers appear.
God knows 'twere better to be deep
Pillowed in silk and scented down,
Where Love throbs out in blissful sleep,
Pulse nigh to pulse, and breath to breath,
Where hushed awakenings are dear . . .
But I've a rendezvous with Death
At midnight in some flaming town,
When Spring trips north again this year;
And I to my pledged word am true,
I shall not fail that rendezvous.
Homes raided amid kidnapping probe; businessman may be victimHmm, and what is being told to many "front line" LEO's (many different types) is that it was a simple "domestic dispute", which is different from what they were initially told (yesterday) according to a number of little birds I have heard from down there.
November 08, 2011 11:05 AM
MISSION — Police here conducted at least two home raids Monday in connection with a kidnapping.
Police would not yet release details on the case, but law enforcement officials did state the license plate number of the victim’s vehicle over the police radio. Public records show the pickup truck is registered to Fred Harms.
Harms is involved with several Rio Grande Valley businesses. He is the director of Santa Fe Steakhouse Inc. and the president of Paradise Car Wash among other businesses, according to the Texas Secretary of State’s records.
Harms could not be reached for comment Monday.
Police: Mission kidnapping stemmed from love triangleAnd I call bullshit.
November 08, 2011 8:38 PM
Naxiely Lopez
The Monitor
MISSION — Two men faced aggravated kidnapping charges after they allegedly abducted a McAllen businessman at gunpoint from a Denny’s parking lot Sunday night.
Judge Horacio Peña Jr. charged Armando Hernandez, 48, and Edgar Daniel Saavedra, 21, with the first degree felony Tuesday at the Mission Municipal Court.
Investigators believe both were part of a group of men who kidnapped Fred Harms, director of Santa Fe Steakhouse Inc. and president of Paradise Carwash — both in McAllen.
Harms managed to escape from his assailants Monday morning.
The kidnapping stemmed from a lovers’ quarrel, said Mission Assistant Police Chief Martin Garza. Hernandez and the victim were apparently dating the same woman.
Hernandez — whom sources said is a police comandante in Mexico — apparently orchestrated the kidnapping, police said. He asked Farms to meet him at the Mission restaurant, 116 South Shary Road, about 8 p.m. Sunday.
$600 trillion derivative time-bomb: the day the glass ceiling finally cracksTake a good hard look at what has happened this past week and is occurring today in Greece. Go spend some time reading ZeroHedge, Markt-Ticker, The Daily Reckoning, Seeking Alpha, Charles Hugh Smiths or the myriad financial sites available to everyone.
October 14, 2011 – NEW YORK -You want to know the real reason banks aren’t lending and the PIIGS have control of the barnyard in Europe? It’s because risk in the $600 trillion derivatives market isn’t leveling out. To the contrary, it’s growing increasingly concentrated among a select few banks, especially here in the United States. In 2009, five banks held 80% of derivatives in America. Now, just four banks hold a staggering 95.9% of U.S. derivatives, according to a recent report from the Office of the Currency Comptroller. The four banks in question: JPMorgan Chase & Co. (NYSE: JPM), Citigroup Inc. (NYSE: C), Bank of America Corp. (NYSE: BAC) and Goldman Sachs Group Inc. (NYSE: GS).
"Liberty was once the purpose of this nation, to preserve it, to extend it to others, to protect it from the greed of government. Liberty was not the by-product of America, it was not the result of forming a government such as we had, it was the very purpose and we, as citizens, its defenders."Vox Day did so here:
"Remember this martyr for his faith when the neocons are celebrating the accomplishments of their World Democratic Revolution. And remember it when Republicans are explaining why it is necessary to export democracy to the savages of the third world while simultaneously importing them throughout the West"And the Artic Patriot succinctly stating:
Resist.As a friend often says: "I for one look forward to the coming pandemonium- debts WILL be paid."
Remember, remember the Fifth of November,I know of no reason either...
The Gunpowder Treason and Plot,
I know of no reason
Why the Gunpowder Treason
Should ever be forgot.
Guy Fawkes, Guy Fawkes, t'was his intent
To blow up the King and Parli'ment.
Three-score barrels of powder below
To prove old England's overthrow;
By God's providence he was catch'd (or by God's mercy*)
With a dark lantern and burning match.
Holloa boys, holloa boys, let the bells ring. (Holla*)
Holloa boys, holloa boys, God save the King!
And what should we do with him? Burn him!
Someone Is Going To Jail For This: MF Global Caught Stealing Hundreds Of Millions From Customers?Just like the future of the Republic, it's gone.
Submitted by Tyler Durden on 10/31/2011 21:06 -0400
Say you are the head back office guy at MF Global, it is the close of trading on Thursday, the firm has already completely drawn down on its revolver, and all the resulting cash in addition to all the firm's cash at your disposal in affiliated bank accounts, up to and including petty cash, has been used to satisfy margin demands due to declining collateral value, yet the collateral calls just won't stop, and impatient voices on the other side of the phone line demand you transfer even more cash over immediately or else risk default proceedings commenced against you within minutes. What do you do? Do you go ahead and tell your superior that the firm is broke even though the co-opted media is trumpeting every 5 minutes that "MF Global is fine", knowing full well you will be immediately fired for being the bearer of bad news, or do you assume that courtesy of your uber-boss being the former head of the Vampire Squid, and thanks to infinite moral hazard which after Lehman made sure nobody would ever fail ever again, that there is simply no way that you will be left without some miraculous rescue, if only you can last one more day, and as a result proceed to "commingle" some client funds with the firm's cash.
Lecture Simon Johnson (MIT) in the whole conference from the IMF and the Government offers a choice in the 27th OctoberIt is coming HARD and this is a reminder to be prepared.
FROM MOUNTAIN MEDIAI always remember and as I look about to see what Americans are today, it is examples such as this that remind me what we once were, those who still are- and what will be required of such VERY shortly.
EDITORS: A LONGER VERSION, AT 2,000 WORDS, ALSO MOVES
FOR IMMEDIATE RELEASE DATED OCT. 22, 2000
THE LIBERTARIAN, By Vin Suprynowicz
Oct. 26, 1942: The last man did not fail
Oct. 26 falls on a Thursday this year.
Ask the significance of the date, and you're likely to draw some puzzled looks -- five more days to stock up for Halloween?
It's a measure of men like Col. Mitchell Paige that they wouldn't have had it any other way. What he did 58 years ago, he did precisely so his grandchildren could live in a land of peace and plenty.
Whether we've properly safeguarded the freedoms he and his kind fought to leave us as their legacy, may be a discussion better left for another day. Today we struggle to envision -- or, for a few of us, to remember -- how the world must have looked on Oct. 26, 1942. A few thousand lonely American Marines had been put ashore on Guadalcanal, a god-forsaken jungle island which just happened to lie like a speed bump at the end of the long blue-water slot between New Guinea and the Bismarck Archipelago -- the very route the Japanese Navy would have to take to reach Australia.
On Guadalcanal the Marines built an air field. And Japanese commander Isoroku Yamamoto immediately grasped what that meant. No effort would be spared to dislodge these upstart Yanks from a position that could endanger his ships during any future operations to the south. Before long, relentless Japanese counterattacks had driven the U.S. Navy from inshore waters. The Marines were on their own.
World War Two is generally calculated from Hitler's invasion of Poland in 1939. But that's a eurocentric view. The Japanese had been limbering up in Korea and Manchuria as early as 1931, and in China by 1934. By late 1942 they'd devastated every major Pacific military force or stronghold of the great pre-war powers: Britain, Holland, France, and the United States. The bulk of America's proud Pacific fleet lay beached or rusting on the floor of Pearl Harbor.
As Mitchell Paige -- then a platoon sergeant -- and his men set about establishing their last defensive line on a ridge southwest of the tiny American bridgehead at Henderson Field on Guadalcanal on Oct. 25, it's unlikely anyone thought they were about to provide a definitive answer to that most desperate of questions: How many able-bodied U.S. Marines does it take to hold a hill against 2,000 desperate and motivated attackers?
The Japanese Army had not failed in an attempt to seize any major objective since the Russo-Japanese War of 1895. But in preceding days, Marine commander Vandegrift had defied War College doctrine, "dangling" his men in exposed positions to draw Japanese attacks, then springing his traps "with the steel vise of firepower and artillery," in the words of Naval historian David Lippman.
The Japanese regiments had been chewed up, good. Still, American commanders had so little to work with that Paige's men had only four 30-caliber Browning machine guns on the one ridge through which the Japanese opted to launch their final assault against Henderson Field, that fateful night of Oct. 25.
By the time the night was over, "The 29th (Japanese) Infantry Regiment has lost 553 killed or missing and 479 wounded among its 2,554 men," historian Lippman reports. "The 16th (Japanese) Regiment's losses are uncounted, but the 164th's burial parties handle 975 Japanese bodies. ... The American estimate of 2,200 Japanese dead is probably too low."
Among the 90 American dead and seriously wounded that night were all the men in Mitchell Paige's platoon. Every one. As the night wore on, Paige moved up and down his line, pulling his dead and wounded comrades back into their foxholes and firing a few bursts from each of the four Brownings in turn, convincing the Japanese forces down the hill that the positions were still manned.
The citation for Paige's Congressional Medal of Honor adds: "When the enemy broke through the line directly in front of his position, P/Sgt. Paige, commanding a machine gun section with fearless determination, continued to direct the fire of his gunners until all his men were either killed or wounded. Alone, against the deadly hail of Japanese shells, he fought with his gun and when it was destroyed, took over another, moving from gun to gun, never ceasing his withering fire."
In the end, Sgt. Paige picked up the last of the 40-pound, belt-fed Brownings -- the same design which John Moses Browning famously fired for a continuous 25 minutes until it ran out of ammunition in its first U.S. Army trial -- and did something for which the weapon was never designed. Sgt. Paige walked down the hill toward the place where he could hear the last Japanese survivors rallying to move around his flank, the gun cradled under his arm, firing as he went.
The weapon did not fail.
Coming up at dawn, battalion executive officer Major Odell M. Conoley first discovered the answer to our question: How many able-bodied U.S. Marines does it take to hold a hill against two regiments of motivated, combat-hardened infantrymen who have never known defeat?
On a hill where the bodies were piled like cordwood, Mitchell Paige alone sat upright behind his 30-caliber Browning, waiting to see what the dawn would bring.
One hill: one Marine.
But that was the second problem. Part of the American line (start ital)had(end ital) fallen to the last Japanese attack. "In the early morning light, the enemy could be seen a few yards off, and vapor from the barrels of their machine guns was clearly visible," reports historian Lippman. "It was decided to try to rush the position."
For the task, Major Conoley gathered together "three enlisted communication personnel, several riflemen, a few company runners who were at the point, together with a cook and a few messmen who had brought food to the position the evening before."
Joined by Paige, this ad hoc force of 17 Marines counterattacked at 5:40 a.m., discovering that "the extremely short range allowed the optimum use of grenades." In the end, "The element of surprise permitted the small force to clear the crest."
And that's where the unstoppable wave of Japanese conquest finally crested, broke, and began to recede. On an unnamed jungle ridge on an insignificant island no one had ever heard of, called Guadalcanal. Because of a handful of U.S. Marines, one of whom, now 82, lives out a quiet retirement with his wife Marilyn in La Quinta, Calif.
On Oct. 26, 1942.
When the Hasbro Toy Co. called up some years back, asking permission to put the retired colonel's face on some kid's doll, Mitchell Paige thought they must be joking.
But they weren't. That's his mug, on the little Marine they call "GI Joe."
And now you know.
Vin Suprynowicz is assistant editorial page editor of the Las Vegas Review-Journal, and editor of Financial Privacy Report (subscribe by calling Nicholas at 612-895-8757.) His book, "Send in the Waco Killers: Essays on the Freedom Movement, 1993-1998," is available by dialing 1-800-244-2224; or via web site
http://www.thespiritof76.com/wacokillers.html.
***
Vin Suprynowicz, vin@lvrj.com
"When great changes occur in history, when great principles are involved, as a rule the majority are wrong. The minority are right." -- Eugene V. Debs (1855-1926)
"The whole aim of practical politics is to keep the populace alarmed -- and thus clamorous to be led to safety -- by menacing it with an endless series of hobgoblins, all of them imaginary." -- H.L. Mencken
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So While Every Bank Is Defending PrimeX, Here Is What Fannie Mae Really Thinks
Submitted by Tyler Durden on 10/18/2011 21:46 -0400
Remember when it was your job to be cheerful and optimistic if creating forecasts for insolvent and nationalized entities, whose entire pseudo-business model is predicated upon the return of the housing bubble and the overall Ponzi resuming? Apparently not, especially if one has read the following forecast from none other than Fannie Mae. So while we have Barclays, Deutsche, JPM, TCW, and any other axed bank , you name it, defending PrimeX which is nothing more or less than a bet on the "safe" tranche of US home price prospects and housing overall, here is the one entity with more mortgages on its books than any other organization, telling us how it really feels.
Summary:
- Projecting 10yr treasuries to plunge to 1.90% by 4Q11
- Median New / Existing home prices will fall 7.1% / 7.7% respectively by mid 2012
- Purchase Mortgage Origination will decline 21.5% from 2Q11 levels
- Total Single family mortgage debt will decline 3.0% by 4Q12
- First Lien single family mortgage debt will decline 2.3%
- The imputed (based on reported first lien & total) 2nd lien mortgage debt will plunge 10.2% vs. 2Q11 levels (hmm why W
- Would somebody with a first lien allow a junior creditor to get paid off first?)
Is It Time To Close Down Bank of America?
This is precisely the sort of arbitrage that ought to lead people straight to a nice date with Bubba:
Bank of America Corp. (BAC), hit by a credit downgrade last month, has moved derivatives from its Merrill Lynch unit to a subsidiary flush with insured deposits, according to people with direct knowledge of the situation.
The Federal Reserve and Federal Deposit Insurance Corp. disagree over the transfers, which are being requested by counterparties, said the people, who asked to remain anonymous because they weren’t authorized to speak publicly. The Fed has signaled that it favors moving the derivatives to give relief to the bank holding company, while the FDIC, which would have to pay off depositors in the event of a bank failure, is objecting, said the people. The bank doesn’t believe regulatory approval is needed, said people with knowledge of its position.
Discovering What Facebook Knows About You
Things are getting interesting in Europe:
Max is a 24 year old law student from Vienna with a flair for the interview and plenty of smarts about both technology and legal issues. In Europe there is a requirement that entities with data about individuals make it available to them if they request it. That's how Max ended up with a personalized CD from Facebook that he printed out on a stack of paper more than a thousand pages thick (see image below). Analysing it, he came to the conclusion that Facebook is engineered to break many of the requirements of European data protection. ...
US forces 'massing on Afghanistan-Pakistan border'
US forces are massing on the Pakistan border in eastern Afghanistan amid reports of an imminent drone missile offensive against fighters from the feared Haqqani Network, a Taliban faction which operates from safe havens in Pakistan's North Waziristan Agency, Pakistan Army sources have confirmed.
By Dean Nelson, South Asia Editor and Javed Siddiq in Islamabad
2:19PM BST 18 Oct 2011
The scale of the American build-up, including helicopter gunships, heavy artillery and hundreds of American and Afghan troops, caused panic in north Waziristan where tribal militias who feared they could be targeted gathered in the capital Miranshah to coordinate their response.
FBI Monitoring News Talk Radio for Investigations
Mark Weaver
WMAL.com
WASHINGTON -- If you call a radio talk show and get on the air, you might be recorded by the FBI.
The FBI has awarded a $524,927 contract to a Virginia company to record as much radio news and talk programming as it can find on the Internet.
The FBI says it is not playing big brother by policing the airwaves, but rather seeking access to what airs as potential evidence.
"This doesn't give us any enhanced capability, prying into or any 'big brother' concerns because this is information that's being put out on the airwaves," FBI spokesman Paul Bresson told WMAL.com. "Its very important to our investigators to know what's being reported."
Bresson cites as an example of the case of the Times Square bomber.
"It's ideal for cases like that because we can extract information that's already been reported and help our investigators make better decisions."
Are you ready to Hail Caeser?Plutarch, Life of Cicero, 46.3-6:
3 The proscription of Cicero, however, caused most strife in their debates, Antony consenting to no terms unless Cicero should be the first man to be put to death, Lepidus siding with Antony, and [Octavius] Caesar holding out against them both. 4 They held secret meetings by themselves near the city of Bononia for three days, coming together in a place at some distance from the camps and surrounded by a river. 5 It is said that for the first two days Caesar kept up his struggle to save Cicero, but yielded on the third and gave him up. The terms of their mutual concessions were as follows. Caesar was to abandon Cicero, Lepidus his brother Paulus, and Antony Lucius Caesar, who was his uncle on the mother’s side.
The Day America DiedI found this article via Eric Peters Autos, a great site run by a man of liberty and if you have not visited yet, you should.
The Day America Died
By Paul Craig Roberts on October 2, 2011
September 30, 2011 was the day America was assassinated.
Some of us have watched this day approach and have warned of its coming, only to be greeted with boos and hisses from “patriots” who have come to regard the US Constitution as a device that coddles criminals and terrorists and gets in the way of the President who needs to act to keep us safe.
"On August 29 Task Force Ranger flew into Mogadishu. They were led by General William Garrison and consisted of 440 elite troops from Delta Force. Their mission was to capture Aidid. But, at the same time, in September 1993 the Clinton Administration began a secret plan to negotiate with Aidid. U.S. military commanders within Somalia were not apprised of this. U.S. Defense Secretary Les Aspin denied a request for armored reinforcements made by General Montgomery.
Today is a great day in Texas History. It's the day the first shots in the successful Texas revolution were fired. In a surprise attack at dawn October 2nd, 1835 outside Gonzales under the "Come and Take It" flag a band of noble Texicans took the Mexican force which had been sent to seize their cannons.Yes, it is time once more and I ask you, are you ready for it?
"When a government has ceased to protect the lives, liberty and property of the people, from whom its legitimate powers are derived, and for the advancement of whose happiness it was instituted, and so far from being a guarantee for the enjoyment of those inestimable and inalienable rights, becomes an instrument in the hands of evil rulers for their oppression."
Unanimous Declaration of Independence
March 2, 1836
Washington-on-the-Brazo, Texas
Losing the Great Game in AfghanistanDrain52's reply, which I used for the subject stated things best.
by Devika Patel
September 16, 2011
Ten years ago, I watched the Twin Towers fall. A San Francisco Examiner headline the next day summed up my feelings fairly well: “Bastards!” Of course we had to fight back. I thought there’d be a bit of a scuffle, much like the first Gulf War, and we’d be done with the whole affair in a few weeks.
A decade later, do I ever feel silly. My eureka moment came around 2004, when I stumbled across a piece that had appeared in the French weekly Le Nouvel Observateur sometime in 1998, featuring former United States National Security Adviser Zbigniew Brzezinski. In Cheshire Cat fashion, Brzezinski explained that offering CIA aid to the mujahideen drew “the Russians into the Afghan trap,” where we armed the Taliban’s predecessors to the gills after Russia’s invasion. The unrepentant Brzezinski was delighted by his maneuver that gave Russia its own Vietnam War, bankrupting them and ending the Cold War.
But Brzezinski’s “agitated Muslims,” who flew planes into our towers, eventually proved far more troublesome than the Soviets who had been declining economically each day with or without their own Vietnam.
A tangent here: have you ever wondered at how damn stupid empires can be? Why in God's name would anyone want to possess Afghanistan, or India, or any of the forsaken countries in central Asia? The British fought and died in order to get exactly what--Indian cotton, or Afghan opium? These things could have been purchased outright for much less than invading vast countries and maintaining armies.The LOVE of MONEY and CONTROL. It is this simple and why Smedley Butler so rightly stated in his book, War is a Racket.
I'm trying to grok the vision of some idiot Brit or Russky standing on a hillock in a wasteland who's yelling "It's ours, it's all ours, all of Backwardistan!"
And now we have moron Americans doing the same. Santayana (Ed. Note: spelling- which he corrected with an immediate follow-up) wasn't right enough: he who doesn't learn from history will it have it crammed down his throat.
AttackWatch tweet: Obama I'm confused. If I see someone suspicious should I use #AttackWatch or this illegal class III AK-47 an ATF agent gave me?"
Dip your finger and take a taste...Very good catch by Curtis, and the series starts here.
Shade of things to come.
The guy is a former cop from the Katrina days and was one of the few cops who didn't leave his post.
From his series: Patriot Paranoia: Hayden Takes on the Southern Poverty Law Center’s Top Ten Conspiracy Theories
I haven't gone through the whole series yet. Interesting and has links. And in some cases, personal eyewitness.
Too Many Inconvenient TruthsWP
by Guy Somerset
August 26, 2011
On July 18, 2011, Sean Hoare was found mysteriously deceased by London police. This is notable for two reasons.
The first reason is that Hoare was a primary whistle-blower in the unfolding crisis at News Corporation. The scandal has implicated multitudes in illegal and immoral electronic eavesdropping on everyone from an abducted teenager to Prince William and his brother.
The second and far more ominous reason is because Sean Hoare’s demise was not suspicious in any way. The London police, though already implicated in the scandal for widespread corruption through bribe-taking and callow complicity in shuttering earlier eavesdropping investigations, assure us it is so.
Naturally, only the pitifully paranoid or unsettlingly obsessed would doubt this claim.
Sipsey Street Exclusive: "Meetings, Part 2." NM Summit: "A unified effort, cutting across the entire DOJ, to address illegal firearms trafficking."Go and read part 2.
At approximately 5:40 PM on Monday, 29 June 2009, Deputy Attorney General of the United States David Ogden landed in "Duke City" -- Albuquerque, New Mexico -- via Southwest Flight #663. Albuquerque was named for the Spanish Viceroy Francisco Fernandez de la Cueva, the Duke of Alburquerque, but somewhere along the line the first "r" in the spelling was dropped. However that may be, it's named after a duke, thus it is known as "Duke City."
I [name] do solemnly swear (or affirm) that I will support and defend the Constitution of the United States against all enemies, foreign and domestic; that I will bear true faith and allegiance to the same; that I take this obligation freely, without any mental reservation or purpose of evasion; and that I will well and faithfully discharge the duties of the office on which I am about to enter. So help me God.Or, was it merely something of convenience both times?
Sipsey Street Exclusive: "Meetings, Part 1." Why the ATF scheduled a National Violent Crime and Firearms Trafficking Summit on 30 June 2009 in NM.Go and read.
"It is essential that our efforts support the strategies and policies of the President and the Attorney General and where possible, complement the strategies of other agencies." -- "Project Gunrunner: A Cartel Focused Strategy," internal ATF report, September 2010, Page 2.
"Fortunately, Sebastian at Snowflakes In Hell has done an excellent job of examining some of the myths around the passage including those that the NRA and major gun manufacturers were complicit in its passage. He also looks at some of the other myths regarding the enactment of the National Firearms Act of 1934."So I hit the embedded link to read what was posted and read this:
Were NRA & Manufacturers Complicit in the Gun Control Act of 1968?I read the post, hit the links and then went to comments where I found out that you cannot put in hyperlinks as it will be seen as SPAM. OK, his site, his rules, his way of preventing outside sources and controlling the debate. Fine by me, as I will copy and past and link and then I will bring back posts I made in regards to this "debate" and point you to the embedded links in each one of my posts, and say READ THEM ALL!
A post by Lyle over at View from North Central Idaho got me thinking about a topic I started researching:
"The patent on the M1 carbine was owned by Western Cartridge Co. and David "Carbine" Williams, and still in effect when Penney and Arnold wanted to begin manufacturing M1 carbines in 1958. Penney and Arnold contacted Winchester-Western and offered them a percentage per carbine manufactured, in return for permission to manufacture the M1 carbine. John Olin, owner of Winchester-Western, refused. Olin, Winchester-Western, and more than a few other American manufacturers were opposed to all of the surplus weapons being returned to the United States, where they were being sold at prices the manufacturers couldn’t compete with. This opposition eventually led the manufacturers and the National Rifle Association to support the Gun Control Act of 1968, which, amongst many other things, prohibited the importation of U.S. military surplus."I’ve tried, at various times, to do some research on the historical arguments surrounding the Gun Control Act and the National Firearms Act, but there’s difficulty without spending some very serious time or buying articles. Dave Hardy is also probably more of an expert on this than I am, given he’s done quite a bit of this kind of research. Generally speaking, I’d want to rely on period accounts rather than modern accounts. Examination of the Congressional Record would also be important. My concern is that there’s a lot of bullshit in this issue, and plenty of people willing to twist the truth to help fit their preferred narrative.
In my recent post, Stalwarts versus NRA, there were several comments made and one in particular by Hammer (see here).Heck, I did not even mention the funny money stuff or their ridding the BoD of all but WINNING TEAM type Yes-Folk, but that is another point that most either gloss over, forget, do not know about or intentionally ignore.
However, to make things easier to follow, here is what Hammer said:
I was reading the December 1945 issue of American Rifleman today.And I told him:
There was letter expressing concern about some of the M1 carbines having 17.75 inch barrels and therefore being under the NFA 34
The NRA responded with:
What does it matter? The Carbine has no sporting purpose anyway..
This has been one of the main problems with the NRA leadership in my opinion. Giving ground throughout the years because the laws didn't affect affect hunters or target shooters
Hammer | Homepage | 11.10.06 - 7:24 am | #
You scan it and tell me where to download it (or E-mail it to me), and I will give it a permanent spot on the blog and site.So, first thing this morning, Hammer sent them to me. Now, his scanner is down so he took photos of them (1, 2, 3) and the original images will not fit so I sharpened them and resized them and here, in order below, are the new images and the full size ones can be viewed by clicking on the title beneath the images below.
American Rifleman December 1945
American Rifleman December 1945 Page 32
American Rifleman December 1945 Page 32 Inset
I want to thank Hammer for sending them to me and I want the rest of you to understand that, yes, I am slamming the NRA, but strictly for the attitude I mentioned in the post referenced above as I do stand by my statement and opinion that NRA does deserve to be honored for many things- I just prefer to understand that the NRA is happy with helping to foist un-Constitutional laws downs it 3+ million members throats and has since the beginning...
WP
1. If any adult male is observed with a weapon prior to the announcement, deadly force can and should be employed, if the shot can be taken without endangering any children.Standard FBI deadly force rules are this:
2. If any adult in the compound is observed with a weapon after the surrender announcement is made, and is not attempting to surrender, deadly force can and should be employed to neutralize the individual.
3. If compromised by any animal, particularly the dogs, that animal should be eliminated.
4. Any subjects other than Randall Weaver, Vicki Weaver, Kevin Harris, presenting threats of death or grievous bodily harm, the FBI rules of deadly force are in effect. Deadly force can be utilized to prevent the death or grievous bodily injury to oneself or that of another
"Agents are not to use deadly force against any person except as necessary in self-defense or the defense of another, when they have reason to believe they or another are in danger of death or grievous bodily harm. Whenever feasible, verbal warning should be given before deadly force is applied."This license-to-kill was so obviously un-Constitutional and immoral, that members from Denver, Colorado SWAT, (assigned to the siege) agreed amongst themselves that they would NOT follow it. Obviously, the lessons taught by the Nuremberg and My-Lai Trials of "just following orders" were not lost to these men nor were the morals of our once proud Republic.
OPR 004477Understand, this was written DURING the siege of Ruby Ridge- AFTER Vicki Weaver had been murdered.
Something to Consider
1. Charge against Weaver is Bull Shit.
2. No one saw Weaver do any shooting.
3. Vicki has no charges against her.
4. Weaver's defense. He ran down the hill to see what dog was barking at. Some guys in camys shot his dog. Started shooting at him. Killed his son. Harris did the shooting [of Degan]. He [Weaver] is in pretty strong legal position."
Made-For-TV NightmareOn June 1st, 2011 I posted TL IN EXILE - Hardcore in response to TL's just outrage over the murder of Jose Guerena but this was just one more on the march to the Republic's full oppression. So many others may be read about here, there, and just about everywhere- DAILY! It is so horrible, that the parents of murdered Border Patrol Agent Brian Terry have been told by the DOJ that they have no standing as victims!
None of the cop/soldier blur is a secret. Rather, it's what a blur is supposed to be confusing. Night-after-night, American TV audiences are treated to real-life cop shows in which SWAT teams, dressed in camouflage or black, break through doors and hold suspects to the floor with the aid of fully automatic weapons in order to confiscate cocaine, marijuana or heroine in varying amounts.
In local newspapers and on local TV, police departments show-off new programs in which Navy SEALS train local officers. Police chiefs and sheriffs brag of acquiring helicopters, armored personnel carriers and airplanes from the federal government's post-Cold War military surplus programs.
One World Wide Web site (www.policeguide.com/swat.htm) features links to 50 colorful home pages of local yokel SWAT teams throughout the United States, in Mayberry settings like Ames, Iowa, and Spartanburg, S.C.
"It's all being done out in the open, and many people don't see it as frightening," says defense lawyer Blewitt. "That's because Americans have been conditioned to think it will only affect criminals. They've been convinced society is being destroyed by crime, even though violent crime has steadily decreased in recent years, and these military-style police are our only hope. What they should worry about is an emerging police state that threatens the very fabric of free society."
"Guard with jealous attention the public liberty. Suspect everyone who approaches that jewel. Unfortunately, nothing will preserve it but downright force. Whenever you give up that force, you are inevitably ruined." Patrick HenryWill you?