Archive for the “War & Rumors of War” Category


Source: Prison Planet

Speaking on Tulsa Oklahoma’s 1170 KFAQ, when asked who was behind threats of martial law and civil unrest if the bailout bill failed, Senator James Inhofe named Treasury Secretary Henry Paulson as the source.

“Somebody in D.C. was feeding you guys quite a story prior to the bailout, a story that if we didn’t do this we were going to see something on the scale of the depression, there were people talking about martial law being instituted, civil unrest….who was feeding you guys this stuff?,” asked host Pat Campbell.

“That’s Henry Paulson,” responded Inhofe, “We had a conference call early on, it was on a Friday I think – a week and half before the vote on Oct. 1. So it would have been the middle … what was it – the 19th of September, we had a conference call. In this conference call – and I guess there’s no reason for me not to repeat what he said, but he said – he painted this picture you just described. He said, ‘This is serious. This is the most serious thing that we faced.’”

Inhofe said that Paulson told members of Congress the crisis would be “far worse than the great depression” if Congress didn’t authorize the bill to buy out toxic debt, a proposal “which he abandoned the day after he got the money,” added Inhofe.

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Source: Prison Planet

The man who predicted the 1987 stock market crash and the fall of the Soviet Union is now forecasting revolution in America, food riots and tax rebellions - all within four years, while cautioning that putting food on the table will be a more pressing concern than buying Christmas gifts by 2012.

Gerald Celente, the CEO of Trends Research Institute, is renowned for his accuracy in predicting future world and economic events, which will send a chill down your spine considering what he told Fox News this week.

Celente says that by 2012 America will become an undeveloped nation, that there will be a revolution marked by food riots, squatter rebellions, tax revolts and job marches, and that holidays will be more about obtaining food, not gifts.

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Source: globeandmail.com

Sounding presidential, Senator Barack Obama said Wednesday he would order a surge of U.S. troops – perhaps 15,000 or more – to Afghanistan as soon as he reached the White House.

“We’re confronting an urgent crisis in Afghanistan,” Mr. Obama, the Democratic contender and now clear front-runner to replace George W. Bush, said Wednesday.

“It’s time to heed the call … for more troops. That’s why I’d send at least two or three additional brigades to Afghanistan,” he said in his most hawkish promise to date.

A U.S. army brigade includes about 5,000 soldiers along with tanks, armoured personnel carriers and helicopter gunships.

Seeking to deflect attacks that he is dangerously inexperienced in foreign policy, Mr. Obama huddled with a high-profile panel of experts before a news conference aimed at showcasing his command of global affairs.

“The terrorists who attacked us on 9/11 are still at large and plotting,” he said, echoing Mr. Bush’s oft-repeated refrain.

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It’s the EMP that’ll get ya…

Source: Newsmax.com

Iran has carried out missile tests for what could be a plan for a nuclear strike on the United States, the head of a national security panel has warned.

In testimony before the House Armed Services Committee and in remarks to a private conference on missile defense over the weekend hosted by the Claremont Institute, Dr. William Graham warned that the U.S. intelligence community “doesn’t have a story” to explain the recent Iranian tests.

One group of tests that troubled Graham, the former White House science adviser under President Ronald Reagan, were successful efforts to launch a Scud missile from a platform in the Caspian Sea.

“They’ve got [test] ranges in Iran which are more than long enough to handle Scud launches and even Shahab-3 launches,” Dr. Graham said. “Why would they be launching from the surface of the Caspian Sea? They obviously have not explained that to us.”

Another troubling group of tests involved Shahab-3 launches where the Iranians “detonated the warhead near apogee, not over the target area where the thing would eventually land, but at altitude,” Graham said. “Why would they do that?”

Graham chairs the Commission to Assess the Threat to the United States from Electromagnetic Pulse (EMP) Attack, a blue-ribbon panel established by Congress in 2001.

The commission examined the Iranian tests “and without too much effort connected the dots,” even though the U.S. intelligence community previously had failed to do so, Graham said.

“The only plausible explanation we can find is that the Iranians are figuring out how to launch a missile from a ship and get it up to altitude and then detonate it,” he said. “And that’s exactly what you would do if you had a nuclear weapon on a Scud or a Shahab-3 or other missile, and you wanted to explode it over the United States.”

The commission warned in a report issued in April that the United States was at risk of a sneak nuclear attack by a rogue nation or a terrorist group designed to take out our nation’s critical infrastructure.

“If even a crude nuclear weapon were detonated anywhere between 40 kilometers to 400 kilometers above the earth, in a split-second it would generate an electro-magnetic pulse [EMP] that would cripple military and civilian communications, power, transportation, water, food, and other infrastructure,” the report warned.

While not causing immediate civilian casualties, the near-term impact on U.S. society would dwarf the damage of a direct nuclear strike on a U.S. city.

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Source: BBC

Russia says it has fulfilled a pledge to withdraw its combat troops from Georgia in line with a ceasefire deal.

But Moscow says it intends to maintain a peacekeeping presence of 2,500 troops in “buffer zones” around the breakaway regions of Abkhazia and South Ossetia.

The Georgian government has denounced the move as unacceptable.

The White House said checkpoints and buffer zones were “definitely not part of the agreement”, and called for an immediate withdrawal of Russian troops.

The “buffer zones” extend far beyond any pre-existing security zones, and the BBC’s diplomatic correspondent, Jonathan Marcus, says Western diplomats fear that Moscow is determined to define the parameters of the interim security arrangements in its own terms.

Our correspondent says that part of the problem is the extraordinary vagueness of the EU-brokered ceasefire deal, which speaks only of “additional security measures” in “the immediate proximity of South Ossetia” - proximity being defined as a distance of “several kilometres”.

While Georgia insists that Russian troops must leave its territory, a senior Russian general said the situation remained unstable, accusing Georgia of planning further military operations.

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FT.com

Investors pulled their money out of Russia in the wake of the Georgia conflict at the fastest rate since the 1998 rouble crisis, new figures showed yesterday.

Russian debt and equity markets have also suffered sharp falls since the conflict began on August 8, with yields on domestic rouble bonds increasing by up to 150 basis points in the last month.

The moves come as President Dmitry Medvedev faces pressure from business leaders concerned that the impact of the global credit crisis is starting to be felt in Russia.

Credit conditions are to be discussed at next month’s “summit of oligarchs”, the Russian Union of Industrialists and Entrepreneurs meeting that former President Vladimir Putin held annually to discuss economic issues.

Vladimir Potanin, head of Interros, one of Russia’s largest industrial groups, has complained about the shortage of long-term credit to Mr Medvedev, the financial newspaper Vedomisti reported yesterday.

The tight credit conditions have been exacerbated by foreign capital flight since the war. Data released by Russia’s central bank showed a drop in foreign currency reserves of just over $16.4bn in the week beginning August 8. This was one of the largest absolute weekly drops in 10 years, according to Ivan Tchakarov at Lehman Brothers.

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Creative Commons Attribution 3.0 United States