The Telegraph
Monday, October 8, 2012
Israeli air, tanks pound Gaza after massive Palestinian barrage.
Israeli warplanes, self-propelled artillery and short-range missiles attacked Hamas and Jihad Islami positions and command posts in the Gaza Strip early Monday, Oct. 8, shortly after Palestinians loosed a barrage of 55 missiles and mortar shells on the Eshkol district. Both terrorist organizations claimed they were responsible for the barrage, which caused no casualties only heavy damage to property. Israelis living within range of the Gaza Strip are warned to stay 15 seconds away from protected shelters.
Casualties from the Israeli reprisal are reported in the Gaza Strip.
DEBKAfile: Israel’s response was major because for the first time the two dominant organizations in Gaza, the radical Hamas and Iran-sponsored Jihad Islami, assumed responsibility for avenging an an Israeli attack on radical Salafist terrorists affiliated with al Qaeda. This attests to the comprehensive ties of operational collaboration forged between the diverse terrorist organizations fighting Israel from the Gaza Strip.
Sunday, Oct. 7, a targeted Israeli air strike critically injured two motorcyclists, members of al Qaeda-linked groups in the Rafah district of southern Gaza. Palestinian sources reported 11 people injured including five children.
Israel also suspects that the pilotless helicopter sent by Iran to breach Israeli air space Saturday, Oct. 6, which flew in from the Mediterranean over the Gaza Strip, was jointly orchestrated by Tehran, Hizballah and Hamas as part of a war exercise Hamas conducted in the Gaza Strip on that day.
Abu Obeida, commander of the Hamas military arm Ezz e-din al-Qassam responded to the Israeli assault with a warning: “The resistance” would not permit “Israeli aggression” continue, he said, and went on to laud Hamas’ partnership with Jihad Islami and the high level of operational cooperation between the various parts of the movement. Any more Israeli attacks, he warned, would bring forth an even more powerful and extensive Palestinian reprisal.
DEBKAfile’s military and intelligence sources report that Hamas draws its bravado from the military protocols its leaders secretly signed with Hizballah Sept. 13 under the Iranian aegis, which obliges signatory to come to the aid of the other when it is attacked. Jihad Islami, Iran’s Palestinian surrogate in the Gaza Strip comes under this umbrella too. The signing was first disclosed on this page on Sept. 23. Confirming this, JIhad Islami spokesmen have just threatened that the next round of attacks on Israel will come from Lebanon.
DEBKAfile
A Massive Wealth Destruction Is Coming As Paper U.S. Currency Is Rapidly Becoming Worthless
That’s exactly what many well-respected economists, billionaires, and noted authors are telling you to do — experts such as Marc Faber, Peter Schiff, Donald Trump, and Robert Wiedemer. According to them, we are on the verge of another recession, and this one will be far worse than what we experienced during the last financial crisis.
Marc Faber, the noted Swiss economist and investor, has voiced his concerns for the U.S. economy numerous times during recent media appearances, stating, “I think somewhere down the line we will have a massive wealth destruction. I would say that well-to-do people may lose up to 50 percent of their total wealth.”
When he was asked what sort of odds he put on a global recession happening, the economist famous for his ominous predictions quickly answered . . . “100 percent.”
Faber points out that this bleak outlook stems directly from Federal Reserve Chairman Ben Bernanke’s policy decisions, and the continuous printing of new money, referred to as “quantitative easing” in the media.
Dollar Falls Most Since 2011 as Central Banks Bump Up Stimulus
The Dollar Index fell by the most since the first quarter of 2011 after the European Central Bank pledged to protect the euro from unraveling and the Federal Reserve committed to reduce unemployment via open-ended debt buying, which may debase the U.S. currency.
Since July 26, when ECB President Mario Draghi said he would do “whatever it takes” to save the euro, the 17-nation currency rose versus 15 of its 16 most-traded counterparts tracked by Bloomberg. Amid the Fed’s expansion of monetary stimulus, the Dollar Index lost 2.1 percent in the third quarter. The Bank of Japan, which followed the Fed and the ECB in expanding its balance sheet by 10 trillion yen ($130 billion), is scheduled to announce its next policy decision on Oct. 5.
CNBC: Dollar Index Headed for Rapid Collapse” Over Next 3 to 4 Weeks
Quantitative easing is really another word for currency wars. A weak U.S. currency puts continued pressure on the Japanese Yen, the Chinese Yuan, the South Korean Won, the Australian dollar and other currencies.
Cheap money also fuels speculation and this money quickly drifts into commodity markets and the ETFs that help propel commodity market speculation. This is inflationary for food prices.
The lower the U.S. dollar the greater the intensity of currency wars.The break below the key uptrend line on the Dollar Index chart was an early warning of the third round of quantitative easing (QE3).
The most important question now is to use the chart to examine the potential downside limits of a QE3 weakened U.S. dollar.
The weekly close below this uptrend line was the first signal of a major change in the trend direction. It came before the announcement of QE3, last week.
The third significant feature is historical support near 74.5. This is the upper edge of a consolidation band between 73.5 and 74.5. This is the downside target for the Dollar Index following a fall below 79.
This target can be reached very rapidly over three to four weeks. A rapid collapse of the U.S. dollar puts immediate pressure on other dollar-linked currencies.
There is a very low probability the U.S. dollar will resume its uptrend. The move below the value of the uptrend line and a fall below 79 confirm thata new downtrend has developed.
The weakness in the U.S. Dollar will hurt export dependent economies and companies.
CNBC
Why The Fed Can’t Stop Printing? NIALL FERGUSON: US UNFUNDED LIABILITIES TOP $238 TRILLION!!
Somehow we missed this over the summer.
In an excellent economic lecture series presented by the BBC, economic historian (& author of the recent Newsweek piece Hit the Road Barack) Niall Ferguson states that the total US unfunded liabilities is a mind-blowing $238 TRILLION- over 16 times the total US debt claimed by the Treasury Department of $16 trillion!!
Can you say QE to INFINITY….AND BEYOND!!! ? There is simply no other viable solution.Ferguson’s full lectures can be downloaded here:
The rapidly rising quantity of these bonds certainly implies a growing charge on those in employment, now and in the future, since – even if the current low rates of interest enjoyed by the biggest sovereign borrowers persist – the amount of money needed to service the debt must inexorably rise.
But the official debts in the form of bonds do not include the often far larger unfunded liabilities of welfare schemes like – to give the biggest American schemes – Medicare, Medicaid and Social Security.
The most recent estimate for the difference between the net present value of federal government liabilities and the net present value of future federal revenues is $200 trillion, nearly thirteen times the debt as stated by the U.S. Treasury.
Notice that these figures, too, are incomplete, since they omit the unfunded liabilities of state and local governments, which are estimated to be around $38 trillion.
Zerohedge: Can The Fed Ever Exit?
ALARMING! Washington’s Dilemma! Soaring debt and a budget Congress can’t balance
This VIDEO explains WHY. Every person in AMERICA should watch this video! Over 3.1 million VIEWS!
Read more at http://investmentwatchblog.com/high-alert-a-massive-wealth-destruction-is-coming-as-paper-u-s-currency-is-rapidly-becoming-worthless-and-people-may-lose-up-to-50-percent-of-their-total-wealth/#Y78iEJFBJKoxrgf2.99
Swedish official admits toxic 'chemtrails' are real, not a wild conspiracy theory
(NaturalNews) Those long, white streams of persistent, cloudy haze commonly blasted into blue skies by unmarked airplanes are not your typical contrails, says Swedish Green Party leader Pernilla Hagberg. As reported by the Swedish paper Katrineholms Kuriren, Hagberg, the first major political leader to come forward on the issue, has openly admitted that these unusual cloud trails, which fail to dissipate like normal contrails do, are actually a toxic mix of chemicals, viruses, and metals that she has collectively referred to as "chemtrails."
According to Hagberg, the sprayings are a joint endeavor by the U.S. Central Intelligence Agency (CIA) and the U.S. National Security Agency (NSA), as well as the Swedish government in her own country, to modify atmospheric conditions via deliberate aerosol spraying efforts. And included in this "dangerous" mix of aerosols are various chemical components, viruses and viral fragments, and metals such as aluminum and barium, which have already been shown to be accumulating in water supplies and soils around the world. (http://chemtrails.cc/)
Normal contrails, which are composed of mere water vapor that quickly dissipates after emission from jet engines, are far different from chemtrails, which gradually blanket the entire sky in a sea of white. The following video, put together by the FreeTruth Show, a YouTube-based radio broadcast, contains some imagery of what these chemtrails typically look like in the sky:
http://www.youtube.com/watch?v=AykLfHtM_3M&feature=youtu.be
"It is great to see a politician bringing public attention to this issue and helping add to the credibility of this cause in the mainstream," writes JG Vibes for The Intel Hub about Hagberg's unprecedented public admission. "Unfortunately, this is a political problem that requires many non-political solutions."
Spraying the skies to save the planet?Interestingly, the United Nations (UN) and various Bill & Melinda Gates Foundation-backed groups have recently been forced to admit that such sprayings are taking place, and that the emitted particles are not normal contrails. But their excuse for why chemtrail sprayings are being done is that they will somehow save the planet from the devastating effects of so-called "global warming," that ever-present, pseudoscientific environmental theory that is often used as justification for all sorts of outlandish policy proposals. (http://www.globalresearch.ca)
In the case of chemtrails, everything from blocking the sun in order to lower the earth's average temperatures, to deliberately shifting weather patterns for the purpose of offsetting the allegedly melting polar ice caps, have been used as excuses for trying to legitimize the seeding of our skies with a cornucopia of poisons. And if re-elected to another term, Hagberg says she will continue to fight such chemtrailing efforts in her own country, which she says have been co-opted by the Swedish government.
Learn more: http://www.naturalnews.com/037451_chemtrails_conspiracy_theory_geoengineering.html#ixzz28iEHb8Xc
'Enter Detroit at your own risk,' police tell Tigers fans
Police officers greeted Detroit Tigers fans before their team’s win Saturday night with an urgent message: “Enter Detroit at Your Own Risk.”
The message, relayed in the form of a flier, was delivered by about 400 off-duty police officers before the Tigers won the first game of their division series against the A’s, My Fox Detroit reported.
As they poured into Comerica Park, fans were given the fliers reading: “Attention: Enter Detroit at Your Own Risk.” It warned that Detroit is America’s most violent city and that the city’s police force is grossly understaffed.
"We're not discouraging people from coming, I love the city, I want them to realize we don't have enough man hours," police union president Joe Duncan told the station. "I don't think the city is going to get same officer 8 hours a day as you do for 12 hours a day."
According to My Fox Detroit, fans also were urged to vote yes on Proposal 2, which would guarantee collective bargaining rights.
Read more: http://www.foxnews.com/us/2012/10/07/enter-detroit-at-your-own-risk-police-tell-tigers-fans/?test=latestnews#ixzz28iCYbHX9
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