White House Briefed On Potential For Mars Life

The White House has been alerted by NASA about plans to make an announcement soon on major new Phoenix lander discoveries concerning the “potential for life” on Mars, scientists tell Aviation Week & Space Technology.

Sources say the new data do not indicate the discovery of existing or past life on Mars. Rather the data relate to habitability–the “potential” for Mars to support life–at the Phoenix arctic landing site, sources say.

The data are much more complex than results related NASA’s July 31 announcement that Phoenix has confirmed the presence of water ice at the site.

International news media trumpeted the water ice confirmation, which was not a surprise to any of the Phoenix researchers. “They have discovered water on Mars for the third or fourth time,” one senior Mars scientists joked about the hubbub around the water ice announcement.

The other data not discussed openly yet are far more “provocative,” Phoenix officials say.

Read moreWhite House Briefed On Potential For Mars Life

Karadzic ‘lived under protection of CIA agents until he broke deal’

The former Bosnian Serb leader Radovan Karadzic lived under US protection after the Dayton peace accords until the CIA intercepted a phone call in which he broke the terms of a “secret deal” to stay out of politics, a Serbian newspaper claims.

Read moreKaradzic ‘lived under protection of CIA agents until he broke deal’

Defence chiefs admit to nuclear deaths

BRITISH Defence chiefs have admitted servicemen were exposed to dangerous radiation levels during nuclear tests in Australia and the South Pacific in the 1950s.

The dramatic admission, made after years of denials, features in papers filed with the High Court in London by Ministry of Defence lawyers.

The Sunday Mirror newspaper said the court papers reveal that the Ministry of Defence now believes that nuclear tests were responsible for the deaths of some British servicemen.

However, the MoD insists that only 159 men were affected out of the 20,000 who were present.

Read moreDefence chiefs admit to nuclear deaths

Royal Bank of Scotland poised for biggest loss in UK banking history

Britain’s second largest bank expected to reveal it has lost £1 billion in first half

THE Royal Bank of Scotland is poised to unveil the biggest loss in UK banking history after taking a hit of almost £6 billion from the credit crisis.

Britain’s second-largest bank is this week expected to reveal a pre-tax loss of at least £1 billion for the first six months of the year, with analysts warning it could slide to as much as £1.7 billion in the red.

The loss would be roughly five times higher than the deficit racked up by Barclays in 1992 at the height of the last recession.

RBS chairman Sir Tom McKillop is already under pressure from investors after the bank’s recent £12 billion rights issue. His chief executive, Sir Fred Goodwin, who marks 10 years at the bank this weekend, also faces shareholder scrutiny.

Read moreRoyal Bank of Scotland poised for biggest loss in UK banking history

Bush’s Order on Intelligence Sparks a Furor in Congress

Republicans Walk Out; Member Threatens Funds


The Director of National Intelligence, Mike McConnell, speaks during a press conference as President Bush look on in January 2007.

WASHINGTON – Fed up with the White House’s reluctance to share intelligence, Republican lawmakers briefed yesterday on a new executive order reshuffling the intelligence community walked out in protest, and their leader is threatening tougher measures.

Read moreBush’s Order on Intelligence Sparks a Furor in Congress

Media Blackout On Cheney Iran False Flag Story

UPDATE – 12.55pm CST – MSNBC’s Keith Olbermann covered the story on Thursday by naming Dick Cheney in his “worst person” segment. See the transcript here.

The mainstream American corporate press has once again proven itself to be no better than the state controlled media in places like Communist China or Zimbabwe, by steadfastly refusing to print even a mention of the huge story concerning veteran journalist Seymour Hersh’s recent comments that the vice president wanted to carry out a false flag operation to provoke a war with Iran.

Related article: Cheney considered a ‘False Flag Attack’ to start war with Iran

As we reported Thursday, Pulitzer-Prize winning journalist Seymour Hersh revealed how the neocons convened around Dick Cheney and brainstormed ways to kick off World War IV.

“There was a dozen ideas proffered about how to trigger a war,” Hersh explained. “The one that interested me the most was why don’t we build – we in our shipyard – build four or five boats that look like Iranian PT boats. Put Navy seals on them with a lot of arms. And next time one of our boats goes to the Straits of Hormuz, start a shoot-up.”

Given that only a few weeks ago Hersh’s exclusive story concerning the vamping up of covert U.S. military activity inside Iran made headlines everywhere, in every major publication and outlet, it begs the question where are they now for an even bigger story?

The Financial Times even carries a story today about how Hersh is “The Last Great American Reporter”, yet the lengthy piece contains no mention of his latest revelations.

Read moreMedia Blackout On Cheney Iran False Flag Story

Has America become Fascist?

If it hasn’t gone the way of Mussolini’s Italy and Hitler’s Germany, it sure is teetering on the brink. America is a nation in deepening crisis, a nation whose leaders repeatedly plunge their citizens into, and make them pay for, serial wars abroad, while stealing their liberties at home. USA has become a country that trashes its citizens (New Orleans), tortures its enemies (Abu Ghraib), threatens other nations with nuclear fire (Iran), flouts international treaties (UN Charter re Iraq), and spies on (FISA), and intimidates, its critics (No Fly). Americans that can clearly see the totalitarian machinations of Vladimir Putin in Russia and Hu Jintao in China are blind to the fascism threatening to envelop them as well.

Read moreHas America become Fascist?

McCain suggests military-style invasion modeled on the surge to control crime

Today, Sen. John McCain (R-AZ) spoke to the National Urban League, a group “devoted to empowering African Americans to enter the economic and social mainstream.” When an audience member asked him how he planned to reduce urban crime, McCain praised Mayor Rudy Giuliani’s efforts in New York Cirty before invoking the military’s tactics in Iraq as the model for crime-fighting:

McCAIN: And some of those tactics – you mention the war in Iraq – are like that we use in the military. You go into neighborhoods, you clamp down, you provide a secure environment for the people that live there, and you make sure that the known criminals are kept under control. And you provide them with a stable environment and then they cooperate with law enforcement, etc, etc.

Listen here:

Now that our military experts advocate approaching the “war on terror” with more policing and intelligence gathering, McCain wants to approach urban policing with more military power. (HT: Political Radar)

Read moreMcCain suggests military-style invasion modeled on the surge to control crime

Secret “War on Terror” Prison on Diego Garcia Confirmed

The existence of a secret, CIA-run prison on the island of Diego Garcia in the Indian Ocean has long been a leaky secret in the “War on Terror,” and recent revelations in TIME — based on disclosures by a “senior American official,” who was “a frequent participant in White House Situation Room meetings” after the 9/11 attacks, and who reported that “a CIA counter-terrorism official twice said that a high-value prisoner or prisoners were being interrogated on the island” — will come as no surprise to those who have been studying the story closely.

The news will, however, be an embarrassment to the US government, which has persistently denied claims that it operated a secret “War on Terror” prison on Diego Garcia, and will be a source of even more consternation to the British government, which is more closely bound than its law-shredding Transatlantic neighbor to international laws and treaties preventing any kind of involvement whatsoever in kidnapping, “extraordinary rendition” and the practice of torture.

Read moreSecret “War on Terror” Prison on Diego Garcia Confirmed

Report: Obama, Potential Iran Attack, Financial Collapse

Published for some of the information on the economy.


Added: August 02, 2008

Source: YouTube

Borrowings of Depository Institutions from the Federal Reserve

Ready for a little shock? Link

A reader has discovered this on Digg: “This is how fucked we are

That says it all.

Related article: Stressed banks borrow record amount from Fed
What does it mean if you have such a huge “shortage of liquidity in your system”?
Hmmmhhh?!? Oh! Run, run, run.

According to the FDIC I am just another blogger creating fear in the marketplace, so don’ t worry.

You can trust the government on this:

WASHINGTON, July 22 (Xinhua)
U.S. Treasury Secretary Henry Paulson said Tuesday that the U.S. banking system is sound and the long-term fundamentals of economy are strong.

December 5, 1929
“The Government’s business is in sound condition.” — Andrew W. Mellon, Secretary of the Treasury

More Quotes from the Great Depression:

Read moreBorrowings of Depository Institutions from the Federal Reserve

Stressed banks borrow record amount from Fed

NEW YORK (Reuters) – Banks borrowed a record amount of funds from the Federal Reserve in the latest week as the year old credit crisis took a persistent toll, while the commercial paper market continued to contract, signaling tough conditions for short term borrowers.

Banks’ primary credit borrowings averaged $17.45 billion per day in the latest week, the second straight week this had hit a record and up from $16.38 billion the previous week, Fed data showed on Thursday.

“It shows there’s a shortage of liquidity in the system,” said Christopher Low, chief economist at FTN Financial in New York.

Read moreStressed banks borrow record amount from Fed

Small Florida bank is 8th U.S. failure this year

WASHINGTON (Reuters) – Bank regulators closed a small Florida-based bank on Friday, the eighth U.S. bank to fail this year under pressure from a weak economy and a credit crisis precipitated by falling home prices.

The Federal Deposit Insurance Corp said First Priority Bank had $259 million in assets and $227 million in deposits and its failure will cost the federal fund that insures deposits an estimated $72 million.

SunTrust Banks Inc (NYSE:STINews) has agreed to assume the insured deposits of First Priority, whose six branches will reopen Monday as branches of SunTrust Bank.

Read moreSmall Florida bank is 8th U.S. failure this year

FDIC warns four US banks over liquidity

The Federal Deposit Insurance Corporation revealed on Friday that it had issued warnings to four small US banks that lacked sufficient reserves to cover potential loan losses.

The cease-and-desist orders issued in June said the four banks needed to raise more capital, expand their loss allowances and better oversee and diversify their loan portfolios. A fifth bank was cited for violating consumer protection laws.

Losses on mortages and other loans have helped bring down eight US banks this year, including one small Florida institution on Friday.

Read moreFDIC warns four US banks over liquidity

Presidential Secrets: Former CIA Operative speaks

This video presents one of the most provocative interviews ever conducted by Ted Gunderson, a retired FBI Senior Special Agent in Charge; it is with Gene “Chip” Tatum, a former CIA Black Ops Assassin who was also an Iran-Contra and OSG2 NWO Insider. In this video, you’ll hear Chip discuss his involvement in Operation Red Rock, Task Force 160 and OSG2.

Hear him reveal the names of high profile officials who were integrally involved in these CIA covert killing sprees and/or narco-trafficking, directly or indirectly: Oliver “Ollie” North, Ronald Reagan, George H.W. Bush and Bill Clinton.

You’ll learn from an “insider” about outrageous U.S. government felony crime and corruption and the impending New World Order destruction of America. You’ll hear his amazing insight concerning the Nixon Administration and the dirty politics of the Vietnam War.

This is the last interview prior to his sudden disappearance in 1998. LATEST UPDATE: Chip’s tortured body was reported to have washed up on a beach in Panama in early 2007. See the other video interview with Chip Tatum called ‘Black Ops Interview’ below. http://www.free10dvds.com http://www.tedgunderson.com free download of ‘The Tatum Chronicles:’ http://www.scribd.com/doc/1434148/The-Tatum-Chronicles free download of ‘Nixon’s Darkest Secret:’ http://www.scribd.com/doc/520461/Nixons-Darkest-Secret

Source: Google Video

Pentagon Warns Against Israeli Attack on Iran

Joint Chiefs Chairman Adm. Mike Mullen: ‘A Third Front … Would Be Extremely Stressful’


U.S. Joint Chiefs chairman warned against any Israeli attack on Iran Wednesday. (AP Photo)

Joint Chiefs of Staff Chairman Adm. Mike Mullen, who was in Israel over the weekend, issued a strong warning today about the dangers of a military attack on Iran.

At a Pentagon press conference, Mullen was asked, “How concerned are you … that Israel may undertake a unilateral strike against Iran by the end of the year?”

“My strong preference, here, is to handle all of this diplomatically with the other powers of governments, ours and many others, as opposed to any kind of strike occurring,” he answered. “This is a very unstable part of the world. And I don’t need it to be more unstable.”

Read morePentagon Warns Against Israeli Attack on Iran

Children have lost touch with nature

Children are just imitating their parents and society.
“Not all who wander are lost” (J. R. R. Tolkien), but those who have lost contact with nature are truly lost.
________________________________________________________________________________

Children have lost touch with the natural world and are unable to identify common animals and plants, according to a survey.

Half of youngsters aged nine to 11 were unable to identify a daddy-long-legs, oak tree, blue tit or bluebell, in the poll by BBC Wildlife Magazine. The study also found that playing in the countryside was children’s least popular way of spending their spare time, and that they would rather see friends or play on their computer than go for a walk or play outdoors.

The survey asked 700 children to identify pictured flora and fauna. Just over half could name bluebells, 54 per cent knew what blue tits were and 45 per cent could identify an oak. Less than two-thirds (62 per cent) identified frogs and 12 per cent knew what a primrose was.

Children performed better at identifying robins (95 per cent) and badgers, correctly labelled by nine out of 10.

Sir David Attenborough warned that children who lack any understanding of the natural world would not grow into adults who cared about the environment. “The wild world is becoming so remote to children that they miss out,” he said, “and an interest in the natural world doesn’t grow as it should. Nobody is going protect the natural world unless they understand it.”

Fergus Collins, of BBC Wildlife Magazine, said the results “reinforce the idea that many children don’t spend enough time playing in the green outdoors and enjoying wildlife – something older generations might have taken for granted”.

A surprisingly large number of children incorrectly identified the bluebells as lavender, and the deer was commonly misidentified as an antelope.

The newt, recognised by 42 per cent, was mistaken for a lizard while the primrose was thought to be a dandelion.

Experts blamed the widening gulf between children and nature on over-protective parents and the hostility to children among some conservationists, who fear that they will damage the environment. They said that this lack of exposure to outdoor play in natural environments was vital for children’s social and emotional development.

Dr Martin Maudsley, play development officer for Playwork Partnerships, at the University of Gloucestershire, said that adults had become too protective of wild places: “Environmental sensitivities should not be prioritised over children.”

He said: “Play is the primary mechanism through which children engage and connect with the world, and natural environments are particularly attractive, inspiring and satisfying for kids. Something magical occurs when children and wild spaces mix.”

By Sarah Cassidy, Education Correspondent
Friday, 1 August 2008

Source: The Independent

U.S. agents can seize travelers’ laptops


WASHINGTON (Reuters) – U.S. federal agents have been given new powers to seize travelers’ laptops and other electronic devices at the border and hold them for unspecified periods the Washington Post reported on Friday.

Under recently disclosed Department of Homeland Security policies, such seizures may be carried out without suspicion of wrongdoing, the newspaper said, quoting policies issued on July 16 by two DHS agencies.

Agents are empowered to share the contents of seized computers with other agencies and private entities for data decryption and other reasons, the newspaper said.

DHS officials said the policies applied to anyone entering the country, including U.S. citizens, and were needed to prevent terrorism.

The measures have long been in place but were only disclosed in July, under pressure from civil liberties and business travel groups acting on reports that increasing numbers of international travelers had had their laptops, cellphones and other digital devices removed and examined.

Read moreU.S. agents can seize travelers’ laptops

Jobless rate climbs as 51,000 jobs vanish

WASHINGTON – Stores, factories and other businesses large and small showed workers the door last month, sending unemployment to its highest rate in four years and adding to the evidence an economic recovery remains far off.

Employers clamped down on hiring and cut 51,000 jobs in July, the Labor Department said Friday. The economy has shed jobs each month this year – 463,000 in all.

The unemployment rate rose to 5.7 percent, up from 5.5 percent in June.

Read moreJobless rate climbs as 51,000 jobs vanish

House rejects bill on limiting speculative trading

WASHINGTON (MarketWatch) — A bill that would put new limits on speculative trading in energy commodities failed to get the required two-third majority of votes to pass the House on Wednesday.

The vote was 276 to 151. The Commodity Markets Transparency and Accountability Act would boost staffing at the Commodity Futures Trading Commission and require the agency to limit the positions of speculators in energy and agricultural commodities.

Most Republicans objected to the bill, preferring to pass legislation to open the outer continental shelf and other off-limits areas to energy exploration.

Read moreHouse rejects bill on limiting speculative trading

Wal-Mart Warns of Democratic Win

Wal-Mart Stores Inc. is mobilizing its store managers and department supervisors around the country to warn that if Democrats win power in November, they’ll likely change federal law to make it easier for workers to unionize companies — including Wal-Mart.

In recent weeks, thousands of Wal-Mart store managers and department heads have been summoned to mandatory meetings at which the retailer stresses the downside for workers if stores were to be unionized.

Read moreWal-Mart Warns of Democratic Win

GM, Crysler and Ford: S&P cuts ratings lower into junk

NEW YORK (Reuters) – Standard & Poor’s on Thursday cut ratings on all three major U.S. automakers deeper into junk status, citing expected losses due to higher gas prices and a weakening U.S. economy.

S&P cut its ratings for General Motors Corp (GM.N: Quote, Profile, Research, Stock Buzz), Ford Motor Co (F.N: Quote, Profile, Research, Stock Buzz) and Chrysler Automotive LLC to “B-minus,” or six levels below investment grade, from “B.” It also cut to “B-minus” from “B” the finance arms of Ford, Chrysler and GMAC, which is 49 percent owned by GM.

Related article: GM Posts $15.5 Billion Loss; More Job Cuts Possible

Read moreGM, Crysler and Ford: S&P cuts ratings lower into junk