Divining the News (DTN)

Excerpt:

What the Corporate Government Banking Media Complex Wants

Posted September 30, 2008 by Michael Nystrom

Our economy is structured to require ever expanding amounts of debt in order to keep growing. The banking system makes money by making loans, which gives it an incentive to loan, loan, loan — even if banks know that the borrowers cannot pay the money back. As long as new loans are being made, banks make money and the economy continues to grow.

But people have reached a limit as to how much more debt they can take on. The people don’t want any more debt, and the banking system is choking on bad debt of its own making.

Since people can’t take on any more debt, and many can’t pay back what they’ve already got, the economy can’t grow under the system as it is structured now. The bankers are panicked because they won’t make money, and in fact, they’ll lose a lot.

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Ron Paul on CNN Sept 30 08 Bailout Fallout

Click here to see video and transcript

Excerpt:

[...]We MUST do something to protect millions of Americans whose homes, bank deposits, investments, and pensions are at risk in a financial system that has become seriously corrupted. We are told that we must stabilize markets in order for the people to be protected. I think we need to protect peoples’ homes, bank deposits, investments, and pensions, to order to stabilize the market.

We cannot delay taking action. But the action must benefit all Americans, not just a privileged few. Otherwise, more plans will fail, and the financial security of everyone will be at risk. [...]

Here is a very quick explanation of the $700 billion bailout within the context of the mechanics of our monetary and banking system:

The taxpayers loan money to the banks. But the taxpayers do not have the money. So we have to borrow it from the banks to give it back to the banks. But the banks do not have the money to loan to the government. So they create it into existence (through a mechanism called fractional reserve) and then loan it to us, at interest, so we can then give it back to them.

www.Kucinich.us

H/T http://navyafrhspook.blogspot.com/ This site has a lot on campaigning against the bailout

“BUSH GUILTY OF 1ST DEG MURDER” – BUGLIOSI TELLS CONGRESS

click here to see video

Kucinich: Bailout ‘Driven by Fear Not Fact’

The $700 bailout bill is being driven by fear not fact. This is too much money, in too short of time, going to too few people,while too many questions remain unanswered. Why aren’t we having hearings…Why aren’t we considering any other alternatives other than giving $700 billion to Wall Street? Why aren’t we passing new laws to stop the speculation which triggered this? Why aren’t we putting up new regulatory structures to protect the investors? Why aren’t we directly helping homeowners with their debt burdens? Why aren’t we helping American families faced with bankruptcy? Isn’t time for fundamental change to our debt-based monetary system so we can free ourselves from the manipulation of the Federal Reserve and the banks? Is this the US Congress or the Board of Directors of Goldman Sachs?

H/T: TheRadicalMormon

Video (Flashback) Benazir Bhutto: Bin Laden was Murdered

H/T whatreallyhappened

Also see: Bush ties to Bin Laden: Denver Post

Also see: Bin Laden’s denial of involvement in 9/11; interview Sept 28 01

With money you can buy a house, but not a home.
With money you can buy a clock, but not time.
With money you can buy a bed, but not sleep.
With money you can buy a book, but not knowledge.
With money you can see a doctor, but not good health.
With money you can buy a position, but not respect.
With money you can buy blood, but not life.
With money you can buy sex, but not love

From Andalucia’s alterntive magazine: www.lachispa.net

God is everywhere

God loves everyone: The weak, the strong, the straight and the not straight

God is omnipotent

God is in everyone

God requires devotion and respect

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Avnery discusses the increasingly flagrant Israeli fascism erupting amongst Israeli settlers, and now their actions are targeting Jewish Israeli leftists. Avnery says it all very well.

No doubt the treatment of Palestinians by the settlers is seen as the most pressing issue.

But what about Israel’s stance in the international arena, Supporting despots, why can’t Israel support Chavez, a man who is enriching his country’s poor? Or Morales? Why is Israel supporting wars that are based on war crimes?

Israel is rich enough to change its ways, its not as if it has no choice.

Or is Israel’s far right and its international relations two sides of the same coin? Or is one a natural product of the other?

Avnery talks about how many Israelis would want to live in peace with the Palestinans. What about Israel aligning itself with peace loving countries? And having relations outside of armaments?

Avnery on the settlers:

[...]Israeli Fascism is alive and kicking. It is growing in the flowerbed that produced the various religious-nationalist underground groups of the past: the group that tried to bomb the Muslim shrines on the Temple Mount, the underground that tried to assassinate the Palestinian mayors, the “Kach” gang, the perpetrator of the Hebron massacre Baruch Goldstein, the murderer of peace activist Emil Gruenzweig, the murderer of Yitzhak Rabin and all the underground groups that were uncovered at an early stage before their deeds could bring them to public notice.

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The communists didn’t like religion. And religion doesn’t like communism. If the demise of the Soviet Union was a battle between the two, then religion won.

Religion is the impotence of the human mind to deal with occurrences it cannot understand.   Karl Marx

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Now we are witnessing the rise of Government intervention and control again, by people who believe in God and the Free Market. They are doing this to save Free enterprise. In other words: the system is kaput. And humans were not big enough to create a man made system, especially one that ignored nature.

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