"The FEAR BUS" (Sung to, "The Love Boat") -- A Postmodern Carol (#26 in a Series of 47)

Well, since "Zika" means "Ebola" in the crapola language, it's time to dust this off.

The FEAR BUS

[sung to, "The Love Boat" with no apology to Paul Williams and Charles Fox]

FEAR... exciting and... pew!
Come aboard. We're expecting you!
And... FEAR, that dreaded transport.
Let it smoke... it floats back to you...
[screech of brakes and gunfire]
The FEAR BUS... soon will be making another run!
The FEAR BUS... promises horror for everyone...
Get a course on butt-clencher,
You hide from some psycho's rants...
[driver yells, someone cries]
And FEAR... will hurt evermore
[red light horn honk riff]
It's a broken smile... or a deadly snore.
[tires sing on wet pavement, explosion]
It's FEARBU-UUUUS!
Welcome aboard the FEEEEEEARRRRR BUS!

Ayuh.

Factually, this “emergency” Zika virus notice is so the Powers That Were have something to blame for the startling rise in birth defects caused by Monsanto chemicals and Fukushima radiation, among other things.

How to Tell When a Meeting Isn't Going Well

...for John Kerry.

Year of the Sheep-Pincer Movement

Don't forget: This is the Year of the Sheep. We have you surrounded.

The Disneyland/Secret Society Photo Essay Da-da Didn't Write

Da-da was going to write a big long piece on secret societies' symbols and influence at Disneyland... but really, who cares? Their secrets are rather pathetic. And old. Obsolete. It's just bad programming. A bad mental software routine that's been hogging existential bandwidth for eons. Sure, their crimes are legion, but we're bigger than that. We don't need to seek revenge on our former masters, who are in actuality also our spiritual brothers. They'll punish themselves worse than anything you could do. And we can be generous now that we have the keys to our cells in our hands.

So. Let's reboot. It's time we all put away our fears and got together and got along -- and got those who don't deserve to govern us out of the way so we can vive, muchachos. How difficult does existence have to be, anyway? Not that difficult.

Take the day off. Be good to yourself. Breathe. Look at the sky. Walk a little taller, and enjoy a positive mindset... 'cause good things are coming your way. Really good things. You won't believe how good. And Da-da's not just saying that.

Hope is the best of things. Without it, we're all just mass without gravity.

Soon, it'll be without meaning; nothing more than a crack in the wall of an amusement park.

WHOA: Foley's "Sister" is... a Sandy Hook "Actor"??

This from Realist News.

The fact that the Powers That Were missed this little continuity error should tell you something about them.

Anyone recall Da-da's post of 8/24/14, "Duper's Delight"? Delving into the fakery associated with the mock American journalist beheading? Here it is again.



HOW can these people live their lives this way? And WHY would you ever believe anything you see on TV ever again? It's all one big staged lie. Always was. Now we have proof. This means that EVERYTHING you see is staged, in one way or another. Turn it off. Turn Washington, DC off. Turn the Fed off.

Turn off. Tune in. Drop the other shoe. 

Flying the Invisible Plastic-y Redundant Flag of Redundant Plastic-y Invisibility

Perhaps a new flag of transparency is in order. Or perhaps one of recycled plastic. Either way, independence from those who've been screwing us over for so long is definitely in order. This is really their flag, which stands for nothing and makes a weird plastic-y noise in the wind. In reality, flags are obsolete. Anybody got a Sharpie?

CABAL BURGER, TONIGHT ONLY

The Cabal Wants to Show You Just How Much They Care

Just hold still, willya?

Change Be A-Comin'

Yet Another Shout for The Sandworm Party

We need to be everywhere these days.

A guy commenting on this Guardian article, about Treasury secretary Jack Lew demanding action on raising the debt ceiling yet again, responded so well and so accurately that Da-da, the Founder of The Sandworm Party, feels compelled to report the comment in its entirety:

rawheaderex4488 said:

the republicans and democrats are basically the same party. The independent party are so few that they have no influence. The political scheme is to idolize their major donors which are the rich and mega rich while totally lying about their donors ethics being totally corrupt. The republicans and the G.O.P. have to put on a good act to fool the right wing idiots. The working poor have absolutely no say in the matter, and in fact the paid social security funds are being now robbed by both democrats and republicans. The corporations are pressuring the powers that be into believing that corporate welfare being paid in trillions are the fault of the paid social security benefits are dead beats while its the crook banks and the crook corporation that Obama and all politicians are stealing through the off shore cayman islands S corporation. Still 65 billion dollars per month is being stolen by the federal reserve and the treasury department to lend the totally corrupt corporations include the government corporation called the military industrial complex( private corporation with government funded contracts). The corrupt U.S. government and their corrupt corporations are bankrupting the U.S.A., and then trying to blame the working poor that have done enough to give their last survival money to the stinking rotten government with it crony capitalism, and their totally unethical and totally corrupt corporations. All of them are colluding to steal America totally blind and lie so slick and elaborately. This is why the USA is being destroyed by the republicrat crooks. All of them!

Thoughts For a Small, Developing Planet

If all the people of the world stood on a vast plain facing all the (precious few)
NSA/CIA/Cabal folks of the world, things would change for the better pretty darn quick.

Get That Dinosaur Outta There

So long. Don't let the next era hit you in the butt on the way out.

Da-da rarely does this kinda thing, but this must-read bears reposting. It's only a matter of time before someone high-up breaks ranks and spills their guts.

US rulers fear American people

veteransnewsnow.com/2013/06/24/224729-us-rulers-fear-american-people/

What the disclosures of former CIA contractor Edward Snowden show perhaps above all else is just how petrified the leaders of the United States have become – of ordinary citizens both in the US and around the world. When we say “leaders” we mean the ruling elite – the top one percent of the financial-corporate-military-industrial complex and its bought- and paid-for politicians.

by Finian Cunningham


The international manhunt by the US authorities for Snowden, which has accelerated with his flight to Moscow to evade extradition from Hong Kong, is indicative of the desperation in Washington’s elitist establishment to quash him and what he is revealing about their despotic rule.

Today, the US has evolved into a dystopia, not a democracy, where obscene wealth and privilege stand in the face of massive poverty and misery. One indicator of this abysmal inequality is the fact that the 400 richest Americans have more material wealth than 155 million of their fellow citizens combined. Another datum: some 50 million Americans – a sixth of the population – are surviving on food handouts. Unemployment, homelessness, suicide rates, prescription drug addiction, rampant gun crime all speak in different ways of social meltdown.

American society is collapsing from the sheer weight of its decrepit capitalist economy. The social system is unsustainable. It is like a distended rotten sack that is coming apart at the seams from inexorable burgeoning pressure. This is not unique to the US. All around the world, people are rebelling against the inequity of crony capitalism – there is only one form of capitalism – from Europe to the Arab Middle East, from Turkey to Brazil.

But the US is a phenomenal case in point of collapsing capitalist society. It’s hard to believe that not so long ago, within living memory; the US was regarded as the economic paradigm of the world. Now it more and more resembles a giant sprawling ghetto of unremitting poverty that is interspersed with a few gated rich communities, the latter populated by the top one percent of society.

This is the historical context for fully understanding the significance of gargantuan state surveillance by the elite against the citizenry, as revealed by the NSA whistleblower Edward Snowden. The American ruling class, as with their elite counterparts around the world, are figuratively sitting within their privileged niches and petrified by the mounting discontent “outside”. Through their criminal ransacking and rigging of wealth, the powers-that-be have through their own insatiable greed created a powerful potential enemy -virtually the entire population, both in the US and around the world.

In this highly unstable situation of elites and masses that bankrupt capitalism has furnished, “democracy” can no longer be tolerated by the rulers. That is why the rulers have embarked on massive information gathering, monitoring, spying and surveillance. It is all about maintaining “control” of a precarious and explosive disequilibrium.

One basic duty of any state is to protect its citizens from foreign enemies. Enemies are conventionally understood to be state militaries or non-state terrorist groups. But from Snowden’s revelations of US government surveillance of telecommunications, the vast bulk of America’s spying is on civilians. The phone calls, emails, cyber chats and photos of billions of people all around the world are vacuumed up and stored for analysis. Snowden disclosed in one instance how Chinese hospitals and universities – not military installations – were among the many international civilian targets for American government snooping.

US national security officials defend this global dragnet method as a necessary way to trawl for terrorists. Last week, the chief of the National Security Agency, General Keith Alexander told the American Senate that more than 50 terrorist plots against the US had been foiled by the NSA’s interception of civilian communications. The evidence for the alleged thwarted terrorist attacks cited by General Alexander was sketchy at best, so we are obliged to accept the NSA’s dubious word on its self-serving claims of success.

Even if we accept this claim on face value, an alleged terror threat numbering 50, gleaned from billions of communication files, is a negligible ratio, akin to a needle in a haystack. That means two things. First, the statistical terror threat against US citizens is likewise negligible to the point of being virtually non-existent. As Snowden himself pointed out, the chances of Americans dying from slipping in their bathtub are far great than from terrorism. The second thing is that the official pretext for global, industrial-scale infringement of privacy – that is, national security of its citizens – is grotesquely disproportionate, and therefore unjustifiable.

In the aftermath of these revelations, US President Barack Obama and his security officials are claiming that the infringements of individual privacy are minor. “No-one is listening to your phone calls,” said Obama. He also added that there must be a trade-off between national security and what he called “minor breaches” of civil liberties.

These assurances from Obama and US National Intelligence Director James Clapper, among others, are rejected by Snowden and other NSA whistleblowers, as well as by the American Civil Liberties Union, which is litigating against the American government over the recent revelations. Official claims of limited surveillance and breaches are also repudiated by various digital privacy advocates, such as the Electronic Frontier Foundation, as well as by common knowledge of American constitutional rights.

Edward Snowden says that when he was working at the NSA, he had clearance to hack into anyone’s email “including the president’s”. That is far from “minor”.

Another former senior employee of the NSA, Thomas Drake, who was prosecuted under the US Espionage Act for similar whistleblowing in 2011, says that the American government and its secret agencies have systematically “subverted the constitution” by arrogating the power to tap into all and any communications that they desire. In a narrow sense, Obama may be right that “no-one is listening to your phone calls”. Not yet, at least, but the executive powers and technology are in place for this totalitarian system of eavesdropping to be switched on.

Drake writes, “The supposed oversight, combined with enabling legislation – the [Foreign Intelligence Surveillance Act] court, the congressional committees – is all a kabuki dance, predicated on the national security claim that we need to find a threat. The reality is: they [the US government] just want it all, period.” He added: “They have this extraordinary system: in effect, a 24/7 panopticon on a vast scale that it is gazing at you with an all-seeing eye.” 

It seems an incredible lack of judgment among some alternative commentators who have dismissed Snowden’s revelations as trivial. Worse still, some commentators have even insinuated that the former NSA analyst is a witting or unwitting player in an elaborate CIA hoax aimed at intimidating citizens from using mass communications.

Such views badly underestimate the extent of American government criminality towards its own sacrosanct constitution and the deeply corrupting implications that has for democracy.

Guardian journalist Glenn Greenwald, who broke the Snowden story earlier this month, has said, “The people who have learned things they didn’t already know are American citizens who have no connection to terrorism or foreign intelligence, as well as hundreds of millions of citizens around the world about whom the same is true. What they have learned is that the vast bulk of this surveillance apparatus is directed not at the Chinese or Russian governments or terrorists, but at them.”

Greenwald adds, “And that is precisely why the US government is so furious and will bring its full weight to bear against these disclosures. What has been ‘harmed’ is not the national security of the US but the ability of its political leaders to work against their own citizens and citizens around the world in the dark, with zero transparency or real accountability.”

Since the US Espionage Act was instituted nearly a century ago in 1917, there have been a total of 10 prosecutions against American government employees deemed to have broken the law and compromised national security through whistleblowing. One of those was former State Department staffer Daniel Ellsberg who released the Pentagon Papers to The New York Times in 1971, revealing the spurious legal grounds for the American genocidal war on Vietnam.

Seven out of the total 10 prosecutions against whistleblowers – 70 percent – have occurred under the Obama administrations. That figure alone tells of a growing anxiety within the American ruling class. That anxiety is related to their increasingly criminal secret powers and the ongoing subversion of democracy. The American rulers are jealously guarding their criminal behaviour and that is why they are hunting down with a vengeance people like Snowden who are seen to be exposing this criminality. It is something of an irony that this week Snowden had to flee to Russia (the former “evil empire” in the words of late American President Ronald Reagan) in order to avoid extradition to the US where he is charged with felonies under the Espionage Act.

Former NSA employee Thomas Drake says that when he was working as an analyst during the Cold War he was assigned to monitor the espionage activities of Stalinist East Germany and its secret Stasi police. Drake says that the Stasi had an obsession to “knowing everything” about its citizens and kept a huge archive of paper files. However, this voluminous archiving is a fraction of what is stored and accessible by American secret services owing to the internet and digital technology. Drake describes the American NSA as “a Stasi on steroids”.

In the 1970s, US Senator Frank Church led a groundbreaking investigation into illicit American government covert operations. Church warned then that if the secret powers of the NSA were to ever become deployed against the American public – as opposed to “foreign enemies” – then that country’s democracy would be finished. That is precisely the present abysmal outcome of secret US state powers.

There are two corollaries of the imploding capitalist system, for which the US still remains the lynchpin for historical reasons. The first is the increasing militarism of the US and its Western allies to compensate for this economic demise. This militarism has evolved over the past decade since the purported 9/11 terror attacks on the US in 2001 to become a condition of “permanent war”. The present US-led covert war in Syria and underway against Iran are part of a continuum of imperialist war-making that connects Afghanistan, Iraq, Libya, as well as Pakistan, Somalia, Yemen and Mali. This state of permanent war is needed by the waning capitalist powers to try to assert control of natural resources, markets, finance and investment against perceived rivals, such as Russia and China.

The other corollary of the historic failure of capitalism, and in particular in the US, is the imperative to assert control over social meltdown and rebellion. That is why the growth in militarism abroad has gone hand-in-glove with the intensification of surveillance powers and repression against citizens at home. American, and Western, democracy is, for all intents and purposes, a dead corpse. Only criminal wars and repression of its citizens are keeping the moribund system on a life-support system.

As Thomas Drake noted, “Since the [US] government unchained itself from the constitution after 9/11, it has been eating our democracy alive from the inside out.”

The rulers of America are despotic elites who are living in fear and trepidation of their own people and of people power around the world rising in rebellion against the misrule of capitalism.

Source : Press Tv

Short URL: http://www.veteransnewsnow.com/?p=224729

One of the pithy commenters (hit the link) seriously hit the nail on the head:

"They are scared sh*tless that Snowden will expose their complicity in 9/11.

They need the secret massive blackmail/enslavement surveillance grid to protect them from the noose."

Childhood's End. 

Secret Societies TODAY: "Bilderbergers Just Want to Be Friends"

Bilderbergers enjoy good rapport with local law enforcement.

This just in, from Secret Societies Today... 

HERTFORDSHIRE, June 7, 2013 /SSTNewswire/ -- The second day of Bilderberg meetings in Hertfordshire, UK, went well today, with only four dead and 17 missing. A spokesman for the Bilderberg Group stated that he found the townsfolk both tender and delightful, adding: 

"The lead pellet bon-bons and friendly constabulary made us feel especially safe and welcome." 

Invitees were especially excited about the upcoming 217th Annual Bilderberg Bonfire and BBQ festivities to be held Saturday at midnight. Those small children who received special invitations are to wear black robes and are to eat only fruit the day prior. 

A Cabal spokesman later commented, through a Dementor, that all should, "watch out," for, "fun activities for all," starting on Tuesday, June 11th -- aka, "6-11" to those at Secret Societies Today. He later added, without smiling: "You have been warned." 

Similar special events planned for last summer's London Olympics had been called off due to monetary misunderstandings with local politicians. The Cabal's past activities, planned for 9-11 and 3-11 celebrations, have become not only well-known, but truly unforgettable.

Bilderbergers just want to be friends.

Dodged Another One, Photo Montage Ed.

Looks like we all dodged another whacko conspiracy knuckeball by getting through the summer Olympics without any serious 9/11-type event or alien landing -- or additional sightings of THE QUEEN'S HAPPY FACE, real or otherwise.

We continue to not be amused.

Da-da's insider contacts continue to point out that, for the most part, guns aren't working and missiles are failing all over the place, frustrating someone who badly wants to do serious WWIII mischief (with a few weird exceptions). Da-da for one is going to be celebrating every day from now till New Years like we all won the lottery... but without the actual moolah and limitless resources. Nighttrain shooters at Da-da's!

Now all we need do is convince the media that NPAA is something people should know about before it happens to them. It's sad when the foreign press is the only champion of the U.S. Constitution. Hello? This thing on?

Regardless, note that someone somewhere forecasted that this week is the beginning of a MAMMOTH INFLUX OF LIGHT, through Thursday. From where? FROM DOVES AND BUNNIES AND ANGELS AND UNICORNS O'COURSE, where else? Da-da doesn't care where it comes from, so long as it comes. So, be happy. Good things are happening.

Whoa. This isn't gonna mess up the wax job on Da-da's '81 Honda, right? Right.

Oh! And this is Da-da Post #1111! Whoohoo!

MSNBC: "The Fed Caught Red-Handed"

You can wake Da-da now, because he passed out after he saw that this ran on MSNBC.

MSNBC! And it ran on March 24th?? This must be a news test balloon to see what people would do with it. What happened was... it never got seen. Till now.

Like Da-da's always said: It's not Federal. It's not a Reserve. And it's not a Bank. What is it? It's a PARASITE, one that will guarantee that your children are on the same silly fiscal treadmill you and your parents and your grandparents have been on since 1913. Check out this early 1900s cartoon describing the new Federal Reserve plan, set to be ratified (without Congress' approval) in 1913.

A cartoon from the early 1900s. Note that, the "Nat'l Reserve Association" was changed to,
the "Federal Reserve" to make it sound more governmental.
And who knew that giant rapacious octopi liked donuts. Or is it barfing donuts into the NYSE?

Thursday's Child is Thinking About the Final Frontier

This is the longest damn tunnel ever.

This is by far the best snapshot portraying the current situation, from Richard Zombeck at HuffPost. It is also the most sobering -- and a little horrifying. A must-read for anyone who has others depending on them. But there is light at the end of that dark tunnel. First, read this:

Below the Fold: Rumor Has It We're Screwed

By Richard Zombeck, HuffPost


We're screwed. That's as good a place to start this post as any. Congress and the Administration have been co-opted -- bought and paid for. Financial regulation is a joke and fraud is a business model and seen as standard operating procedure. Fines are so ridiculously non-punitive that they not only don't serve as punishment, but may actually incentivize crime.

I made that point on Revolution Boston 1510 back in November 2011 on The Jeff Santos Show, "If I got arrested robbing houses and had to give back ten percent of what I stole, not only would I keep robbing houses, I'd hire a crew."

In the words of Noam Chomsky:

The most effective way to restrict democracy is to transfer decision-making from the public arena to unaccountable institutions: kings and princes, priestly castes, military juntas, party dictatorships, or modern corporations.

Even the normally conservative publication The Economist used the term "Bankster" in a recent piece.

For some, there's no apparently obvious way out of this. We've become so entrenched and apathetic that upward movement or change seems nearly impossible.

L. Randall Wray, Professor of Economics at the University of Missouri-Kansas City and Senior Scholar at the Levy Economics Institute of Bard College, NY, writes at the end of a recent post on Economonitor, "Why We're Screwed" that there are two possible scenarios.

In the first, we allow Wall Street to carry on its merry way, as the foreclosure crisis continues and Wall Street steals all homes, packaging them into bundles to be sold for pennies on the dollar to hedge funds. All wealth will be redistributed to the top 1% who will become modern day feudal lords with the other 99% living at their pleasure on huge feudal estates.

Which will take decades and, according to Wray, seems inevitable and by design.
The second is that, "the 99% occupy, shut down, and obliterate Wall Street," and it's a pretty fair assumption that we won't see that any time soon.

Add to the mix a general public that's beaten, depressed, apathetic, over worked, under paid, over medicated (prescribed or otherwise), and generally misinformed or ill-informed and there's not much fight left.

The LIBOR scandal, for example, has been discussed ad nauseam. Misreported as it is, it's still being talked about. For people who get their news in sound bites in the hopes of appearing well informed at the office or in the bar what they get isn't always what they need.

Larry Kudlow from the self-named "Kudlow Report" on CNBC called the LIBOR debacle a victimless crime. Remember, this is coming from an over paid guy with his own show on a major network. Not some unpaid hack blogging on Huffington Post. Of course, this is the same guy who blamed poor people for the mortgage crisis. A statement like that could only come from someone who either has no business commenting, much less reporting, on the economy, or is simply lying.

Kudlow argues in the segment that when the LIBOR went down it benefitted borrowers, so who cares? The problem is it didn't just go down. It was manipulated in both directions. As far as it being a victimless crime: LIBOR goes up, it affects mortgages, student loans, credit cards, rent, etc. LIBOR goes down and it affects state and local government - schools, nursing homes, roads, hospital - yup, no victims there.

Student loan too high? LIBOR. Rent going up? LIBOR. Mortgage just adjusted to 12 percent? LIBOR. Leaky roof at the nursing home, no pillows at the hospital, three-year-old pot hole on your street? LIBOR. In fact there's probably a little LIBOR in your morning coffee.
Here's your victimless crime explained by Pam Martens over at Alternet. The whole piece is well worth reading as Martens worked on Wall Street for 21 years:

The Libor rate was used to manipulate, not just tens of trillions of consumer loans, but hundreds of trillions in interest rate contracts (swaps) with municipalities across America and around the globe. (Milan prosecutors have charged JPMorgan, Deutsche Bank, UBS and Depfa Bank with derivatives fraud and earning $128 million in hidden fees.)

Rigging Libor also inflated the value of the trash that Wall Street was parking in 2008 and 2009 at the Federal Reserve Bank of New York to extract trillions in cash at near zero interest-rate loans from the public purse. When rates rise, bond prices decline. When rates decline, bond prices rise. The Federal Reserve made loans to Wall Street based on a percentage of the face value of their bonds and mortgage backed securities that they presented for collateral. By pushing down interest rates, the banks were getting a lift out of their collateral, allowing them to borrow more.

As America watches the disparity of wealth grow exponentially, we need to understand that this was not, as Kudlow would like us to believe, a handful of drunken frat boys monkeying with some esoteric index overseas. This was a cartel style, institutionalized transfer of wealth on an unfathomable scale and a crime that the Fed, Congress, and the Administration knew about.
Here's a quote from a transcript that Mark Gongloff of HuffPo wrote about in "New York Fed's Libor Documents Reveal Cozy Relationship Between Regulators, Banks."

"We know that we're not posting um, an honest LIBOR," a Barclays employee tells a New York Fed analyst in an April 11, 2008, call, "and yet we are doing it, because, um, if we didn't do it, It draws, um, unwanted attention on ourselves."

The New York Fed representative expresses sympathy and understanding:

"You have to accept it," she says. "I understand. Despite it's against what you would like to do. I understand completely."

Nice and cozy. Maybe we'd see a little pat on the head or a group hug in the video version. Hot cocoa anyone?

More to the point of this sort of behavior being standard operating procedure, in "Libor fraud exposes Wall Street's rotten core," at the Washington Post.

We don't know who else was fixing bets. Other big banks, including some of the largest in the United States, are under investigation. Barclays doesn't appear to have acted alone, and it is clear that its fixes weren't secret deals by rogue traders. Traders put requests to manipulate the rates in writing and even joked about delivering champagne to those who helped them. It is also clear that many of those who didn't have a fixer -- including consumers, community banks and credit unions -- lost money. Barclays padded its bottom line by taking money from everyone else. It won when it shouldn't have won -- and others lost when they shouldn't have lost. The amount of money involved is staggering.

The article also points out that on any given day, the credit related transactions linked to LIBOR could be worth $800 Trillion.

In L. Randall Wray's piece, "Why We're Screwed," he writes of the banks:

... they took over the whole economy and the political system lock, stock, and barrel. They didn't just blow up finance, they oversaw the swiftest transfer of wealth to the very top the world has ever seen. They screwed workers out of their jobs, they screwed homeowners out of their houses, they screwed retirees out of their pensions, and they screwed municipalities out of their revenues and assets.

Financiers are forcing schools, parks, pools, fire departments, senior citizen centers, and libraries to shut down. They are forcing national governments to auction off their cultural heritage to the highest bidder. Everything must go in firesales at prices rigged by twenty-something traders at the biggest and most corrupt institutions the world has ever known.

No article about the irresponsible and criminal behavior of bankers would be complete without the requisite troll blaming consumers and homeowners. Here's a comment from a reader who calls themselves SirCadbury and is a card carrying member of the "You were asking for it by wearing that skirt" club. Here's the comment (emphasis not mine):

Just because you are good at something and make money from it, EVEN AT THE EXPENSE OF OTHERS WHO DIDN'T WORK AS HARD OR STUDY, does not make you a thief or any sort of a criminal.

You want to know THE REAL REASON your silly example of schools, fire departments etc.... have lost????? THEIR OWN GREED!!!

There's apparently not enough evidence in the world to stop idiotic comments like this from continuing, but I'm going to try any way.

In a recent article in "The Raw Story" Sarah Jaffe of Alternet wrote "Countrywide whistleblower reveals rampant mortgage fraud part of 'everyday business,'" in which she writes about whistleblower Eileen Foster, who was an investigator in charge of Fraud Risk Management at Countrywide. The article is a great read for anyone who wants to start their day with that sickening feeling that usually accompanies utter rage. The following quote from the piece is for the anonymous "SirCadbury" and others of his ilk, who still think this all about greedy and irresponsible borrowers.

A team of investigators went to Boston to look into the complaints in person and were shocked by what they found. "Typically when you're looking for fraud you've got to really look because one of the primary components of a fraud is concealment," Foster said. "These people weren't concealing it. They were concealing it from corporate, but every person who walked into those branches every day was a participant."

"One process was to cut a signature off one document, paste it and make a photocopy so it looks like an original signature," she continued. "A part and parcel of everyday business was to do anything it took to fund a loan."

They had templates for fabricating documents, cases of Wite-Out for changing names and a method for gaming the automated underwriting system--plugging in income values until they got one that worked and allowed them to underwrite the loan. They'd keep a template bank statement from each bank, then plug in different borrowers' names and an asset amount to prove that the borrower could make the payments on the loan.

Let's leave it at that.

http://www.huffingtonpost.com/richard-zombeck/below-the-fold-rumor-has-_b_1704354.html

Da-da clipped the whole thing so that he might offer a solution. Now, to the light.

Sure, this looks hopeless, but Da-da has an idea. Arrest the perpetrators and the heads of The Cabal. Zero out all our debt. ALL of it. We then retain all of our property and money to $2M. The Central Banks all go out of business forever, replaced by something simple and transparent. Then we forgive the perpetrators. In exchange for returning all the money and going away forever, they get to keep $5 million of all their holdings. They can keep one big house. Two cars. No planes. No exotic properties in this New Age of Austerity. We then redistribute The Cabal's wealth amongst those who sorely need it -- like all the rest of us. We use all that money for education and rebuilding. The massive real estate confiscated is turned into parks and universities. Everyone gets free educations as far as they want to go. And that's only a few trillion. We use the rest of the money to build scads of Starship Enterprises. Or we just zero out all the money and do without it, New Frontier-style.

So, right: it's kinda like the French Revolution, but without all the violence, and with lots of cool space uniforms and doves and bunnies and free schools and geekiness. Da-da figured that, since Capitalism was dead, we might as well start over with something that had lots and lots of upside.

Yup. With $800 trillion, you can build a lot of these.
Or better yet, get rid of money, entirely. And just build it.

Da-da's Mad as Hell and He's Not Gonna Take It Anymore

"First you've got to get up, you've got to get mad..."

Da-da has to share this with you. He was so mad about the LIBOR scandal (and so should you) that he just called all his representatives in Washington, and... they'd never heard of it. Every one of them denied any knowledge of it whatsoever. 

If this doesn't give you an indication of the scope of this thing -- the biggest economic scandal in world history -- then nothing will. Or do you like being screwed by banks and their political lackeys in perpetuity?

Here's what's happening in the U.S., courtesy of that renegade tabloid, The Financial Times (you can't find it anywhere else):

US widens Libor-rigging probe

By Shahien Nasiripour in Washington

US lawmakers widened their probe into alleged Libor rigging, requesting more documents from the Federal Reserve Bank of New York to determine how the regulator dealt with alleged admissions of manipulation.

The House financial services committee’s investigative panel on Monday asked for all records regarding banks’ Libor submissions at the New York Fed; between the regional Fed and the 16 banks involved in setting the London interbank offered rate; and all records between the New York Fed and other government agencies, including foreign organisations in the UK.

The request comes days after the Fed’s bank in Manhattan and separately the Bank of England made public hundreds of pages of emails, memos and call transcripts from 2007 and 2008 regarding Libor in response to demands from lawmakers.

Legislators on both sides of the Atlantic have launched inquiries to determine whether regulators knew about alleged efforts to manipulate a gauge that influences the prices of hundreds of trillions of dollars’ worth of financial instruments, yet looked the other way.

The New York Fed said its documents make clear that it “helped to identify problems related to Libor and press the relevant authorities in the UK to reform this London-based rate”. Tim Geithner, who led the New York Fed at the time before becoming US Treasury secretary, said last week that he and his colleagues acted “very early” in alerting other regulators of their concerns.

According to documents from the Bank of England, the Fed was concerned with the accuracy of the lending gauge but it did not tell its UK counterparts that there were deliberate attempts at manipulation.

Richard Shelby, the top Republican on the Senate banking committee, said last week that Mr Geithner should have been more aggressive.

“He should have been investigating what was going on with Libor,” Mr Shelby said. “[Mr Geithner] had information that something was amiss, but he didn’t do more.”

In April 2008 a Barclays employee told an analyst at the New York Fed that “we know that we’re not posting...an honest Libor”.

Sir Mervyn King, governor of the Bank of England, told a committee of the UK parliament that he had only learnt about “deliberate misrepresentation” of Libor rates a few weeks ago.

Randy Neugebauer, Republican chairman of the House financial services committee’s investigations panel, said on Monday that while the New York Fed worked to identify flaws in Libor and made recommendations on how to fix it, “what is less clear...is how the [New York] Fed dealt with admissions of market manipulation by Libor contributing banks”.

“As you know, the role of government is to ensure that our markets are run with the highest standards of honesty, integrity, and transparency,” Mr Neugebauer added. “Therefore, any admission of market manipulation – regardless of the degree – should be swiftly and vigorously investigated.”

The New York Fed declined to comment. Mr Neugebauer wants documents by September 1.

http://www.ft.com/intl/cms/s/0/24ea3f74-d4ee-11e1-b476-00144feabdc0.html

LIBOR is used as the primary benchmark for all short term interest rates around the world. We're talking approx. $500 trillion dollars here. So, if it's ok for all of the 16 central banks to screw everyone (these "lie-bros" set the daily rates, folks) on loans and credit card debt, is it ok if Da-da and everyone else stops paying his/her mortgage? Car loans? Howbout if the states stops paying? Municipalities? Countries? That's right, ALL of our contracts with these banks are based on LIBOR, a bogus number the central banks and The Fed conjured out of the air to benefit themselves. These contracts WERE based on good faith. Now, there is no good faith.

You may have already suspected this, but now that it's a FACT that you are being screwed and lied to. Are you alright with that? Do you know how much interest you've paid on all your bills over the course of your life? How much you've indirectly paid in state and federal taxes? How much your company paid? Your state? Your city? All the states and cities and individuals of the world? All of this is influenced by LIBOR. Not to mention the trillions of dollars in bank bailouts your great great grandchildren are supposed to be paying for. People in the UK are going ape over this, because their media is accurately reporting it. Yet another outrage: the failure of the US media.

Sure, this doesn't surprise you, but when are you gonna get mad?

Wake up and BITE that hand. Get it over with.

Btw, anyone talking this scandal down is betraying themselves as being on the take. Track them for yourself, forward and back.

UPDATE 1:

Finally, some action in the US media. Besides ho-hum WashPost and WSJ pieces, there's an excellent article from James Rickards at US News and World Report: LIBOR Fraud May Be the Mother of All Bank Scandals.

Finally, check out Rolling Stone blogger Matt Taibbi dealing with a CNBC squid on the subject.

UPDATE 2:

Da-da has some new insight from a HuffPost blogger -- AND a unique idea on how to rectify this mess.

FED UP: A Must-Watch, Must-Read for Everyone

This is a must-watch for everyone. And this is a must-read:

The Great Revealing: US Marshals Expose
Biggest Scandal in History

Here's a little back-up from the BBC, which along with The Financial Times, are apparently the only reliable media outlets:

BBC NEWS: Super-rich 'hiding' at least $21 Trillion

Which might actually be more like $800 trillion, enough to completely transform everyone's lives completely. Everyone. If the U.S. media weren't owned by these folks, you might be hearing about it more. The last time something like this popped up (e.g., the $21 trillion dollar lawsuit against the Fed by international investors), we had 9/11 the next day. Jeez, what kind of world do you want your kids inheriting?

Or, just bury your head in the sand and keep pulling, suckers.

The Best Reason to Watch the Olympics?

"All Zargon Blasters must be returned after the main event. Have a good game."

Sure, the Olympics gives everyone a chance to wave flags and parade about the human drama of athletic competition, blah blah blah (how many people can we feed on the amount of money spent training these athletes? oops, sorry), but what's really compelling this Olympic year is the rumored appearance of what some term, "The Cabal's" fleet of faux-UFOs (or the projections, thereof), creating a "false flag" operation to fool the world into thinking that an alien invasion is occurring. Da-da's not making this up, but maybe someone else is.

The intel is coming from Da-da's Pentagon and DOJ contacts, who are some pretty straight, sober people. (Perhaps a little too sober and straight, but they do always seem to beat Da-da at poker.) Anyway, the plan by, "The  Cabal" -- defined as those 1%ers who've gone "Rogue Civilization," leapfrogging our crummy pedestrian variant because they have all the money and alien technology -- is for something to occur during the closing ceremony, allowing the Powers That Were to declare martial law and suspend all freedoms... like they haven't done that alreeady?

So, why the closing ceremony? Because if said alienage happened during the beginning or middle, ir would cut into TV ad revenues! THAT was the bit that made it real for Da-da, as with all things on this planet, it's all about the money. Anyway, it might be crap, but then again, if something weird happens, don't assume it's what you think it is. Parenting teaches one to take things at face value, so Da-da's just reporting what he's heard, first-hand, and since fear is easily overcome by laughter, just laugh at the cheesy alien production values and turn your tongue in the other cheek -- or better yet, someone else's tongue.

The Cabal leader in a rare public appearance outside the Federal Reserve.

Da-da's Warming Up the Portal

 

AAIIEE, just one more thing before Da-da gets the heck off this weird planet. Turns out NASA's Solar Dynamics Observatory picked up this triangular Illuminati hole on March 13 -- the day after the solar wind reversal of March 12th, 2012. Weird, huh? It's just a coincidence, of course. A glitch. It's not a space-time Mahabharata angling for your giblets. Or it is. Either way, it's definitely entertaining.