Monday, March 9, 2009

Defectors expose plans of Germany's 'real' Nazis


Inside report reveals the violence and Hitler worship of the National Democrats, an overtly racist party on the brink of electoral success


By Tony Paterson in Berlin
Sunday, 8 March 2009
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Germany's main neo-Nazi party pretends to be democratic. But its members hoard weapons, plan to rebuild Hitler's Reich and are using the economic crisis to try to make sweeping gains in this year's elections, a new and disturbing study of the extreme right has revealed.

To write their exposé on the increasingly influential neo-Nazi National Democratic Party of Germany (NPD), the authors spent two years infiltrating Germany's far right. They interviewed party leaders and defectors who have since quit the organisation in disgust. "The NPD is a dangerous organisation," warned Olaf Sundermeyer, one of the two journalists who wrote In the NPD, published in Germany last week. "It pretends to be democratic, but make no mistake about it: these people are genuine Nazis."

Despite government attempts to ban the party, the overtly racist NPD has already won seats in two of Germany's 16 regional state parliaments. It has some 220 members on local councils, and expects to consolidate its political power base in a series of regional and local polls this year. The NPD's leader, Udo Voigt, admits that his party is unlikely to gain a foothold in the national parliament in Germany's general election this September. But he insists: " My vision is to obtain seats in the Reichstag in 2013."

To outsiders and the press, the NPD tries to portray itself as a middle-class party. Members are schooled in Berlin on how to cope with difficult questions about the Third Reich and the Holocaust. At election time, rank-and-file skinheads are replaced by men with short haircuts and suits and its handful of far-right "intellectuals".

In their book, Mr Sundermeyer and his co-author, Christoph Ruf, make it clear that the economy and unemployment are playing into the hands of the NPD. The party has infiltrated militant jobless groups, and is winning support. "Germany's ability to cope with such developments is going to be on trial in 2009. It will be a test of the country's political maturity," they warn.

Some of the most disturbing revelations about the NPD, which began life in the mid-1960s, are provided by former members who were shocked by the violence of its members and their hero-worship of Adolf Hitler.
Uwe Luthardt, a taxi driver, was in the NPD leadership for three years, but resigned after watching his party colleagues severely beat a punk rocker who had shouted "Goodnight white pride" at the group. "It was the straw that broke the camel's back," Mr Luthardt said.

He revealed that the party's regional headquarters in Jena is deliberately called the "Brown House" after Hitler's Munich HQ. The cellars of the building contain a weapons cache, and are adorned with photographs of SS men. Party members sing the outlawed Nazi "Horst Wessel" anthem and a song called "We're Going to Build an Underground Train Line from Jerusalem to Auschwitz".

Mr Luthardt described how the party is funded by donations from expatriate Nazis and their families who fled to South America after the Second World War. Cash also comes from concerts staged by far-right skinhead rock bands. "The objective is to bring back the Third Reich," he said.

"A new organisation of stormtroopers would take revenge on anyone who disagrees with them. The concept is simply: let's kick out all the foreigners, then Germans will have jobs again. The are convinced that they will win an election one day, and that then things will really get going."

Mr Ruf and Mr Sundermeyer say some areas of eastern Germany have been designated "national liberation zones" by the party, because intimidated foreigners do not dare to be seen there. The head of the NPD's youth wing, Michael Schäfer, justifies the party's anti-foreigner campaign, saying: "The German Volk [people] have existed for 1,000 years; they cannot simply be allowed to disappear."

Pope to visit Holy Land on May 8-15


The pope said he would visit the sites of Jesus' life and would pray for "the precious gift of unity and peace for the Middle East and all of humanity."

The itinerary will include stops in Jordan, Israel and the Palestinian territories. Benedict is expected to visit Jordan's largest mosque in Amman, and make stops in Jerusalem, Bethlehem and Nazareth. More

It is rumored that his schedule does not include the Holocaust Museum Yad Vashem.
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Friday, March 6, 2009

Clinton: “There will be a Palestinian state, Jerusalem will be its capital”

Israel Today

Just hours after blaming Hamas and other terror groups for the lack of peace in the region, visiting US Secretary of State Hillary Clinton signaled that while it may recognize the source of the obstruction, that won’t stop the Obama Administration from pushing for the rapid creation of a Palestinian Arab state.

Clinton told reporters in Jerusalem that she and President Barack Obama plan to be “vigorously engaged” in bringing about the birth of “Palestine,” adding that “there is no time to waste.”(Read more…)

What's Dead (Short Answer: All Of It)

Posted by Karl Denninger in Editorial at 09:57
The Market Ticker
Thursday, March 5. 2009

What's Dead (Short Answer: All Of It)

Just so you have a short list of what's at stake if Washington DC doesn't change policy here and now (which means before the collapse in equities comes, which could start as soon as today, if the indicators I watch have any validity at all. For what its worth, those indicators are painting a picture of the Apocalypse that I simply can't believe, and they're showing it as an imminent event - like perhaps today imminent.)

All pension funds, private and public, are done.
If you are receiving one, you won't be. If you think you will in the future, you won't be. PBGC will fail as well. Pension funds will be forced to start eating their "seed corn" within the next 12 months and once that begins there is no way to recover.

All annuities will be defaulted to the state insurance protection (if any) on them.
The state insurance funds will be bankrupted and unable to be replenished. Essentially, all annuities are toast. Expect zero, be ecstatic if you do better. All insurance companies with material exposure to these obligations will go bankrupt, without exception. Some of these firms are dangerously close to this happening right here and now; the rest will die within the next 6-12 months.

If you have other insured interests with these firms, be prepared to pay a LOT more with a new company that can't earn anything off investments,

and if you have a claim in process at the time it happens, it won't get paid. The probability of you getting "boned" on any transaction with an insurance company is extremely high - I rate this risk in excess of 90%.

The FDIC will be unable to cover bank failure obligations.
They will attempt to do more of what they're doing now (raising insurance rates and doing special assessments) but will fail; the current path has no chance of success. Congress will backstop them (because they must lest shotguns come out) with disastrous results. In short, FDIC backstops will take precedence even over Social Security and Medicare.

Government debt costs will ramp
.
This warning has already been issued and is being ignored by President Obama. When (not if) it happens debt-based Federal Funding will disappear. This leads to....

I expect total tax receipts to fall to under $1 trillion within the next 12 months. Combined with the impossibility of continued debt issue (rollover will only remain possible at the short duration Treasury has committed to over the last ten years if they cease new issue) a 66% cut in the Federal Budget will become necessary.

This will require a complete repudiation of Social Security, Medicare and Medicaid, a 50% cut in the military budget and a 50% across-the-board cut in all other federal programs. That will likely get close.

Tax-deferred accounts will be seized to fund rollovers of Treasury debt at essentially zero coupon (interest).
If you have a 401k, or what's left of it, or an IRA, consider it locked up in Treasuries; it's not yours any more. Count on this happening - it is essentially a certainty.

Any firm with debt outstanding is currently presumed dead
as the street presumption is that they have lied in some way. Expect at least 20% of the S&P 500 to fail within 12 months as a consequence of the complete and total lockup of all credit markets which The Fed will be unable to unlock or backstop. This will in turn lead to....

The unemployed will have 5-10 million in direct layoffs added within the next 12 months. Collateral damage (suppliers, customers, etc) will add at least another 5-10 million workers to that, perhaps double that many. U-3 (official unemployment rate) will go beyond 15%, U-6 (broad form) will reach 30%.

Civil unrest will break out before the end of the year.
The Military and Guard will be called up to try to stop it. They won't be able to. Big cities are at risk of becoming a free-fire death zone. If you live in one, figure out how you can get out and live somewhere else if you detect signs that yours is starting to go "feral"; witness New Orleans after Katrina for how fast, and how bad, it can get.

The good news is that this process will clear The Bezzle out of the system.
The bad news is that you won't have a job, pension, annuity, Social Security, Medicare, Medicaid and, quite possibly, your life.

It really is that bleak folks, and it all goes back to Washington DC being unwilling to lock up the crooks, putting the market in the role it has always played - that of truth-finder, no matter how destructive that process is.

Only immediate action from Washington DC, taking the market's place, can stop this, and as I get ready to hit "send" I see the market rolling over again, now down more than 3% and flashing "crash imminent" warnings. You may be reading this too late for it to matter.
In 3 minutes, what's coming.....


Read also:
Fed Refuses To Tell Where $2 Trillion Went
The Greatest Depression
Economic Disaster Continues-- Dow Tanks 4.1%... Jim Cramer Blasts Obama Team
Bank Woes Drain Deposit Insurance Fund
8.3 Million US Mortgages Upside Down
Kiss The Banks Off - Refocus On The People
Russian Scholar Says US Will Collapse Next Year

Thursday, March 5, 2009

On The Road To Socialism? We've Arrived!

By PATRICK J. BUCHANAN
Posted Tuesday, March 03, 2009 4:20 PM PT

In his campaign and inaugural address, Barack Obama cast himself as a moderate man seeking common ground with conservatives.

Yet his budget calls for the radical restructuring of the U.S. economy, a sweeping redistribution of power and wealth to government and Democratic constituencies. It is a declaration of war on the right.

The real Obama has stood up and lived up to his ranking as the most left-wing member of the Senate. Barack has no mandate for this. He was even behind John McCain when the decisive event that gave him the presidency occurred — the September collapse of Lehman Bros. and the market crash...

We are not "headed down the road to socialism." We are there.

Since the budget was released, word has come that the U.S. economy did not shrink by 3.8% in the fourth quarter, but 6.2%. All the assumptions in Obama's budget about growth in 2009 and 2010 need to be revised downward, and the deficits revised upward. Look for the deficit for 2009 to cross $2 trillion.

Who abroad is going to lend us the trillions to finance our deficits without demanding higher interest rates on the U.S. bonds they are being asked to hold? And if we must revert to the printing press to create the money, what happens to the dollar?

As Americans save only a pittance and have lost — in the value of homes, stocks, bonds and other assets — $15 trillion to $20 trillion since 2007, how can the people provide the feds with the needed money?...


Markets are not infallible. But the stock market has long been a "lead indicator" of where the economy will be six months from now. What are the markets, the collective decisions of millions of investors, saying?

Having fallen every month since Obama's election, with January and February the worst two months in history, they are telling us the stimulus package will not work, that Tim Geithner is clueless about how to save the banks, that the Obama budget portends disaster for the republic.

The president says he is gearing up for a fight on his budget.

Good. Let's give him one.

Read entire article:
Buchanan - We Now Have Socialism

Wednesday, March 4, 2009

Eurozone ready to rescue members

By Tony Barber in Brussels
Published: March 3 2009 10:05 Last updated: March 3 2009 17:59


Eurozone authorities would help a member state in serious economic difficulties before it needed to approach the International Monetary Fund because of a debt-default risk, according to a senior European Union policymaker.

“If a crisis emerges in one eurozone country, there is a solution before visiting the IMF,” Joaquín Almunia, the EU’s monetary affairs commissioner, said on Tuesday. “It’s not clever to tell you in public the solution. But the solution exists.”

Read more: Eurozone Ready To Rescue Members


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The Beast of Revelation: Myth, Metaphor or Soon-Coming Reality?
Fourteen Signs Announcing Christ's Return

Cramer: 'This is the Greatest Wealth Destruction by a President'

By Noel Sheppard (Bio Archive)March 3, 2009 - 17:54 ET


Although an admitted Barack Obama supporter during last year's campaign, CNBC's Jim Cramer has certainly changed his view concerning our 44th president.


On Tuesday's "Today" show, the outspoken "Mad Money" host said: we have "an agenda in this country now that I would regard as being a radical agenda"; Obama's just announced budget "put a level of fear in this country that I have not seen ever in my life," and; "This is the most, greatest wealth destruction I've seen by a president."

Read more: Cramer: 'This is the Greatest Wealth Destruction by a President'

And more: David Brooks Wakes Up Late: 'Barack Obama Is Not Who We Thought He Was'


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Israel has already forfeited Jerusalem

Jews barred as U.S. helps Arabs fortify their presence in holy city


Posted: March 02, 20099:19 pm Eastern
By Aaron Klein© 2009 WorldNetDaily


Sign in Kfar Akeb boasting of 'American gift' to Palestinian AuthorityJERUSALEM

JERUSALEM – Sections of Jerusalem have essentially been forfeited on the ground to the Palestinian Authority, while Jews, including local landowners, are barred from entering parts of Israel's capital, a WND investigation has found.

The probe further determined the U.S. has been aiding the Palestinians in developing infrastructure in Jerusalem.

Also, it has emerged, the Israeli government has failed to stop Arabs from illegally building thousands of housing projects on Jerusalem land purchased and owned by a U.S. Jewish group for the express purpose of Jewish settlement, culminating in an Arab majority in the neighborhoods. More

Read also: Obama 'Ready to Drop Missile Shield Plans for Russian Help on Iran'


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Tuesday, March 3, 2009

Celente - Greatest Depression Underway

Gerald Celente3-3-9
KINGSTON, NY, 2, March 2009 -

"The Greatest Depression" that The Trends Research Institute forecast, well before Wall Street or Washington would acknowledge recession, is upon us.

The global financial markets are collapsing.

All the pundit's cautious predictions and business media's hopeful expectations at the New Year for an economic turn around and imminent market bottom were dead wrong. There will be no turn around in the second quarter of 2009 or 2010 or 2011 America and much of the world has entered "The Greatest Depression."

The global financial system, built on endless supplies of cheap money, rampant speculation, fraud, greed, and delusion is terminally ill and will not be coaxed into remission by stimulus packages nor restored to health by government buyouts and bailouts.

Today, the MSCI World Index of stocks in 23 developed nations fell 4.9 percent to 713.75, the lowest closing level since March 2003, and its Emerging Markets Index slid 5 percent. The Dow followed, plunging 300 points, closing below 7,000 for the first time since 1997.

There is no stock market bottom in sight. The only figure that can be forecast with confidence is that the Dow won't reach zero!

As the crisis worsens, governments will take draconian measures to prevent total economic collapse and public panic. We have cautioned the likelihood of such measures before. But the rapidity and severity of the economic unraveling now demands immediate attention.

Expect massive bank failures, runs on banks, and bank holidays. Even if deposits are FDIC insured, quick access to money is by no means assured. At minimum, have reserves on hand for emergencies.


Read also: Buffett Says Economy 'In Shambles'


Sunday, March 1, 2009

US Gives China Eminent Domain Over US Property -Beyond High Treason

by A. True Ott, PhD, ND2-28-9

...THIS IS AS REAL AND AS UGLY AS IT CAN GET...

FEDS GRANT EMINENT DOMAIN AS COLLATERAL TO CHINA FOR U.S. DEBTS

...In early February nine U.S. States began the process of re- asserting their Sovereignty pursuant to the Ninth and Tenth Amendments to the US Constitution; declaring null and void any actions by Congress that violated the Constitution.

The states took action to make certain the feds couldn't give away cities or the states themselves!

This situation is going to get VERY ugly, VERY fast as one sovereign power (the feds) try to literally give away the land of other sovereign powers, (the states). This is the type of thing that starts Civil War.

Read entire article:Beyond High Treason
US Gives China Eminent Domain Over US Property

Read also: World Depression Fears Up - US Reveals Decline