As of the end of the day on October 29th, the total snowfall recorded at the National Weather Service office in Cheyenne, WY for the month of October reached 28.0 inches.
This sets a new record for the most snowfall ever recorded in Cheyenne for the month of October. The previous record was 23.1 inches which was measured in October of 1906. The following information is the top 5 snowiest Octobers since 1850.
Nov. 3 (Bloomberg) — The International Monetary Fund sold 200 metric tons of gold to the Reserve Bank of India for about $6.7 billion, its first such sale in nine years.
The transaction, equivalent to 8 percent of global annual mine production, involved daily sales from Oct. 19-30 at market prices and is in the process of being settled, the IMF said in a statement yesterday. The average price to India, the biggest consumer, was about $1,045 an ounce, an IMF official said on a conference call. Gold for immediate delivery gained 0.2 percent.
“The fall in the U.S. dollar seems to be pushing all the central banks to strengthen their portfolio with gold,” said N.R. Bhanumurthy, professor at the National Institute of Public Finance and Policy in New Delhi. “Gold is a safe store of value compared to the U.S. dollar.”
– Has Anyone Read the Copenhagen Agreement? U.N. plans for a new ‘world government’ are scary (The Wall Street Journal):
“We can only hope that world leaders will do nothing more than enjoy a pleasant bicycle ride around the charming streets of Copenhagen come December. For if they actually manage to wring out an agreement based on the current draft text of the Copenhagen climate-change treaty, the world is in for some nasty surprises. Draft text, you say? If you haven’t heard about it, that’s because none of our otherwise talkative political leaders have bothered to tell us what the drafters have already cobbled together for leaders to consider. And neither have the media.”
“So far there have been more than a million hits on the YouTube post of his address. It deserves millions more because Lord Monckton warns that the aim of the Copenhagen draft treaty is to set up a transnational “government” on a scale the world has never before seen.”
Greenpeace has been taken over a long time ago.
The European Union proposed on Friday that rich countries should give developing nations up to €50bn ($74bn) a year by 2020 to help them fight climate change but stopped short of stating how much the 27-nation bloc was willing to contribute.
After a two-day summit, EU leaders said the support by rich countries should begin with an annual €5bn-€7bn from 2010 to 2012 in “fast-start” finance.
The failure to say how much the EU would offer and how it would divide costs among its 27 member states means Europe continues to lack a detailed negotiating position for December’s global climate change conference in Copenhagen.
Environmentalist groups were disappointed.“The EU failed to use this opportunity to put its money where its mouth is,” said Joris den Blanken, Greenpeace’s EU climate policy director. “But all is not lost. Today 27 of the world’s richest nations have backed global funding to tackle climate change in developing countries.”
Oct. 31 (Bloomberg) — CIT Group Inc., the 101-year-old commercial lender seeking to avoid collapse, may file for a prepackaged bankruptcy as soon as this weekend after striking deals with billionaire Carl Icahn and Goldman Sachs Group Inc.
A prepackaged bankruptcy “is probably going to go through,” Icahn said yesterday. He will supply a $1 billion loan for “supplemental liquidity” that can be used as bankruptcy financing, the New York-based company said. CIT also said it reached an agreement with Goldman Sachs to keep a credit line open should the lender file for court protection.
CIT’s agreement with New York-based Goldman Sachs will reduce a $3 billion credit facility to $2.13 billion and keep the line open should CIT file for bankruptcy.
Goldman Sachs Agreement
In exchange, Goldman Sachs received $285 million in termination fees, CIT said yesterday in a filing with the U.S. Securities and Exchange Commission. Under the terms of the two companies’ original agreement, Goldman Sachs would have been due a $1 billion termination payment to close the credit line after a CIT bankruptcy.
Before Goldman Sachs would have received a $1bn ‘windfall’ if CIT fails:
Goldman Sachs stands to receive a payment of $1bn – while US taxpayers would lose $2.3bn – if embattled commercial lender CIT files for Chapter 11 bankruptcy protection, people familiar with the matter said.
The agreement with Goldman states that if CIT defaults or goes bankrupt, it “would be required to pay a make-whole amount” that totals $1bn, the people familiar with the matter said.
Goldman said: “This would not be a windfall payment. The make-whole payment is simply the present value of the spread to be earned over the life of the facility.”
The US taxpayer loses $2.3 billion, Goldman Sachs gains $1 billion$285 million.
I told you before that the real crisis has only just begun. This is the ‘Greatest Depression.’
CIT’s Swoon Hits Taxpayers
CIT would be the fifth-largest bankruptcy filing in U.S. history
The $2.3 billion in taxpayer money spent to save CIT Group Inc. is likely to be wiped out, as the lender prepares to file for bankruptcy protection in a high-stakes restructuring plan aimed at keeping the firm in business.
People familiar with the plan said CIT, a major lender to small businesses, intends to file for bankruptcy-court protection in New York within days, perhaps as early as Sunday or Monday. Financial firms such as CIT have historically been sold off or wound down after a Chapter 11 filing, for fear that customers will draw down lending lines and cause a run on the bank. But CIT expects to have enough creditor support to complete a prepackaged reorganization by year-end, a relatively short period for a bankruptcy case of its size.
In a move smoothing its restructuring, the company said Friday that it had persuaded billionaire investor Carl Icahn to support its prepackaged bankruptcy plan. Mr. Icahn, who wanted to push CIT into liquidation, failed to persuade other bondholders to derail CIT’s restructuring plan.
With $71 billion in assets, CIT would have the fifth-largest bankruptcy filing in U.S. history, trailing only those of Lehman Brothers Holdings Inc., Washington Mutual Inc., Worldcom Inc. and General Motors Corp. CIT’s Utah bank, which has about $10 billion in assets, wouldn’t be part of the bankruptcy filing.
As the world enters the H1N1 Swine Flu Pandemic season, another possible virus emerges as 30 people in the Eastern European country of Ukraine have died from this latest flu.
Each country is dealing with their own cases of the H1N1 Swine Flu and many have even taken the vaccination but is H1N1 the only flu out there? A viral infection in Ukraine has taken the lives of 30 people and at first it seemed like an ordinary flu but after a week the symptoms became worse.
Radio Netherlands Worldwide reports 40,000 Ukrainians have contracted the disease and at least 100 are in the hospital. Tests are currently being conducted and all is known is that it is not the H1N1 Swine Flu. A large number of schools and childcare facilities are being shut down, especially in the city of Lvov.
Also, government agencies are handing out surgical masks and gloves to people in the western part of Ukraine.
However, Russia Today is reporting that it is A/H1N1 or Californian Flu and the total number of deaths is closer to 40. Prime Minister Timoshenko stated, “Express-tests cannot provide a hundred percent verification of the virus, they give only 50% accuracy.
That’s why blood probes of those who died were sent to special laboratories for further testing. And only this morning it was confirmed that at least 11 deaths were caused by the A/H1N1 virus.”
In October 14, Lord Christopher Monckton gave a presentation in St. Paul, MN on the subject of global warming. In this 4-minute excerpt from his speech, he issues a dire warning to all Americans regarding the United Nations Climate Change Treaty that is scheduled to be signed in Copenhagen in December 2009.
There has been considerable debate raised about Monckton’s conclusion that the Copenhagen Treaty would cede US sovereignty. His comments appear to be based upon his interpretation of the The Supremacy Clause in the US Constitution (Article VI, paragraph 2). This clause establishes the Constitution, Federal Statutes, and U.S. TREATIES as the supreme law of the land. Concerns have been raised in the past that a particularly ambitious treaty may supersede the US Constitution. In the 1950s, a constitutional amendment, known as the Bricker Amendment, was proposed in response to such fears, but it failed to pass. You can read more about the Bricker Amendment in a 1953 Time Magazine article:
Lord Monckton served as a policy adviser to Margaret Thatcher. He has repeatedly challenged Al Gore to a debate to which Gore has refused. Monckton sued to stop Gore’s film “An Inconvenient Truth” from being shown in British schools due to its inaccuracies. The judge found in-favor of Monckton, ordering 9 serious errors in the film to be corrected. Lord Monckton travels internationally in an attempt to educate the public about the myth of global warming.
Has Anyone Read the Copenhagen Agreement? U.N. plans for a new ‘world government’ are scary.
We can only hope that world leaders will do nothing more than enjoy a pleasant bicycle ride around the charming streets of Copenhagen come December. For if they actually manage to wring out an agreement based on the current draft text of the Copenhagen climate-change treaty, the world is in for some nasty surprises. Draft text, you say? If you haven’t heard about it, that’s because none of our otherwise talkative political leaders have bothered to tell us what the drafters have already cobbled together for leaders to consider. And neither have the media.
Enter Lord Christopher Monckton. The former adviser to Margaret Thatcher gave an address at Bethel University in St. Paul, Minnesota, earlier this month that made quite a splash. For the first time, the public heard about the 181 pages, dated Sept. 15, that comprise the United Nations Framework Convention on Climate Change—a rough draft of what could be signed come December.
So far there have been more than a million hits on the YouTube post of his address. It deserves millions more because Lord Monckton warns that the aim of the Copenhagen draft treaty is to set up a transnational “government” on a scale the world has never before seen.
The “scheme for the new institutional arrangement under the Convention” that starts on page 18 contains the provision for a “government.” The aim is to give a new as yet unnamed U.N. body the power to directly intervene in the financial, economic, tax and environmental affairs of all the nations that sign the Copenhagen treaty.
(NaturalNews) The US government has issued a new report that recommends blocking access to popular websites during a pandemic outbreak in order to preserve internet bandwidth for investors, day traders and securities clearing house operations. The concern is that a pandemic would cause too many people to stay at home and download YouTube videos and porn, hogging all the internet bandwidth and blocking throughput for investment activities, thereby causing a stock market meltdown.
This isn’t an April Fool’s joke. It’s all based on a public report issued by the Government Accounting Office (GAO), available from their website at http://www.gao.gov/new.items/d108.pdf
In this article, I’m going to explain how a pandemic outbreak could theoretically bring down Wall Street. But to get to that, you’ll first need to find out what the GAO said in its curious report (see below). Parts of this article are presented as satire, but the underlying facts quoted here are all true and verifiable (links are provided to all sources).
This report in question is entitled, “GAO Report to Congressional Requesters, INFLUENZA PANDEMIC” and includes this subtitle: Key Securities Market Participants Are Making Progress, but Agencies Could Do More to Address Potential Internet Congestion and Encourage Readiness.
As the report explains:
In a severe pandemic, governments may close schools, shut down public transportation systems, and ban public gatherings such as concerts or sporting events. In such scenarios, many more people than usual may be at home during the day, and Internet use in residential neighborhoods could increase significantly as a result of people seeking news, entertainment, or social contact from home computers. Concerns have been raised that this additional traffic could lead to congestion on the Internet that would significantly affect businesses in local neighborhoods, such as small doctors’ offices or business employees attempting to telework by connecting to their employers’ enterprise networks.
Duesberg (Molecular biology/Univ. of Calif., Berkeley), an early researcher in the field of retroviruses, asserts that HIV, like virtually all retroviruses, is harmless.
He finds that HIV meets none of the usual criteria (such as the six laws of virology) used to establish that a microbe causes disease. But if that is so, why do scientists persist in saying that AIDS is an epidemic caused by HIV?
As Duesberg tells it, the federal Centers for Disease Control and Prevention needed a serious epidemic to justify its continued existence, and by naming AIDS a single contagious disease, it created an atmosphere of public fear that brought it increased funding and power.
(Click on image to enlarge.)
(NaturalNews) Canadian filmmaker Brent Leung isn’t winning any friends in the pharmaceutical industry these days. His breakthrough documentary “House of Numbers” features jaw-dropping interviews with doctors, researchers and even the co-discoverer of HIV himself (Luc Montagnier), all of whom reveal startling information calling into question the “official” explanation of HIV and AIDS.
Trailers from ‘House of Numbers’:
– Nobel Laureate Montagnier: HIV Can Be Cleared Naturally – House of Numbers:
Professor Luc Montagnier, 2009 Nobel Laureate for the discovery of HIV, reveals his views on the treatment of HIV and its relationship to nutrition and profit with House of Numbers documentary Director, Brent Leung.
– The shocking truth about HIV and AIDS (trailer for House of Numbers film):
Because of the game-changing statements heard from numerous health authorities in this film, it threatens the very foundations of the HIV / AIDS industry. Pharmaceutical companies are fronting a specific mythology about AIDS that maximizes their profits from AIDS drugs and (failed) vaccines, but that mythology is about to be dismantled when House of Numbers is released in theaters nationwide over the next few months.
This could be the documentary that shatters Big Pharma’s false paradigms about HIV and AIDS.
The AIDS testing hoax
In the film, Brent Leung subjects himself to an HIV test and discovers that a “diagnosis” of being HIV positive has more to do with the answers you provide to lifestyle questions than any specific microbe appearing in your blood. The diagnosis of AIDS — as well as the very definition — is also apparently so wishy-washy that increasing numbers of well-trained scientists are now questioning whether AIDS exists at all.
“The presently available data does not prove the existence of HIV,” says one health expert interviewed for the film. Another expert says, “The more diseases they could lump into these AIDS categories, the more patients they could catch.”
“I think HIV totally has turned out not to be the cause of AIDS. HIV has turned out not to be!” says another interviewee.
“We can be exposed to HIV many times without being … infected,” says Dr Luc Montagnier, the Nobel prize-winning virologist credited with the co-discovery of HIV. “Our immune system creates [antibodies] within a few weeks, if you have a good immune system.”
The documentary film exposes the sharp contradictions in current scientific opinion about HIV / AIDS. “As I started questioning scientists and delving further into testing protocols and statistical modeling and science, I began to see a lot of the contradictions that they had amongst themselves,” said filmmaker Brent Leung. “One of the things that became apparent to me is how important it is to question everything that we’re told and not automatically accept any fact as truth.”
One bizarre thing the film exposes is the ever-shifting definition of “AIDS.” In the United States, the official definition has been rewritten three times, and definitions vary widely around the world. AIDS isn’t simply the presence of the HIV virus; it’s a fictitious disease label that’s attached to a list of symptoms that continues to expand as the drug companies attempt to ensnare yet more victims into the AIDS label trap.
The experts sound off
House of Numbers is not a “fringe” film featuring dissenting opinions from conspiracy theorists. Rather, it is a lucid, intelligent collection of conversations with some of the world’s top virologists and Nobel prize-winning scientists, including former experts from the CDC, the WHO and UNAIDS. Many are speaking out against the conventional AIDS mythology for the first time on camera. Those interviewed for the film include Dr. Robert Gallo, Dr. Luc Montagnier, Dr. Michael Gottlieb, Dr. Joe Sonnabend, Dr. Kary Mullis, James Curran, Dr. Peter Piot, Dr. James Chin, Dr. Peter Duesberg and many others.
The film has already received “Best Documentary” and other awards from the many film festivals where it has been featured. Momentum is building for the film, and mainstream distribution looks like a healthy possibility for 2010.
Audit slams ‘opaque’ accounting as French EU presidency found to have spent £160m on events and refurbishment
Nicolas Sarkozy at a European Council summit last year. His spending has been blamed on poor management. Photograph: Eric Feferberg/AFP/Getty Images
French financial watchdogs slammed Nicolas Sarkozy for spending £160m during his country’s six-month stint in charge of the EU – including £250,000 on a personal presidential shower that he never used.
The vast expense is set out in a report blaming poor management and a lack of transparency by the president’s staff.
Costs soared because so many of the EU-related events were organised at the last minute, said the report.
On one occasion Sarkozy triggered the cancellation of an entire EU event he was due to host in Evian, because he wanted to sleep in his own bed at the Élysée palace. By then, hundreds of journalists, EU officials and national delegations had either already arrived in Evian or were on their way.
A flood of complaints prompted compensation payments – adding more to the eventual presidential bill.
The total for Sarkozy’s time at the helm of the EU is set out in figures published by the French national audit office.
Every government likes to showcase its country when holding the EU presidency, which at present rotates from country to country every six months. National funds are topped up with EU budget support to organise summits, informal ministerial meetings and EU-related promotional events, conferences and policy programmes. Funding is shared between national and regional authorities and the EU budget.
For one three-day event alone, Sarkozy sanctioned an elaborate upgrade of the Grand Palace in Paris for an EU-Mediterranean summit – one of his pet initiatives to mark his turn at the EU helm.
The event was one of his final EU presidency flourishes last July, and involved hundreds of workmen and millions of pounds.
“The Grand Palace had to be completely refitted for the occasion. Five hundred technicians were mobilised every day, including 300 at night,” said the report. Spending included nearly £1m for one dinner for more than 40 government leaders and heads of state who attended the event.
Nearly £300,000 was spent building a conference podium, nearly £200,000 upgrading the gardens and grounds, and a total bill for the Sarkozy shower of almost £250,000.
The audit report said the cost soared because of the complications of installing a state-of-the-art shower to the president’s specifications in a listed building.
The president never used it – instead going back to the Élysée palace during the three-day summit to freshen up. The shower has since been dismantled.
Other spending on the summit included £90,000 for a carpet.