Wednesday, May 4, 2011

In the News

Just wanted to do a quick update of what I thought to be some interesting stories in the news over the past few days while the world's been obsessing over Osama.

BUT FIRST... More developments in the Osama Myth! I -really- don't like to keep obsessing over this, but I found these to be worth while.

First of all, on the front page of my own local newspaper, I come across this story which reveals that, contrary to the official Whitehouse story, Osama was unarmed during the raid. Here's a quote from this article.




“Bin Laden was then shot and killed,” Carney said. “He was not armed.”

That was one of many official details that have changed in the two days since bin Laden was killed. The White House misidentified which of bin Laden’s sons was killed — it was Hamza, not Khalid. Officials incorrectly said bin Laden’s wife died in gunfire while serving as his human shield. That was actually bin Laden’s aide’s wife, and she was just caught in cross fire, the White House said Tuesday.

Carney attributed those discrepancies to the fog of war, saying the information was coming in bit by bit and was still being reviewed.

“We provided a great deal of information with great haste in order to inform you, and through you the American public, about the operation and how it transpired and the events that took place there in Pakistan,” Carney told reporters Tuesday. “And obviously some of the information came in piece by piece and is being reviewed and updated and elaborated on.”

Now, frankly I don't care if he was armed or not, and that's really not the point in my opinion.. The point is that it's yet -another- inconsistency in the official story. Now, call me crazy, but if it really happened you'd think they could have taken a few minutes to get some details like that sorted out before they released it to the press, and that information wouldn't have to come in 'bit by bit'. To me, this just reeks of a fabrication, and attempting to cover up inconstancy in lies with more lies.  

And it seems unlikely that they're going to release those photos of Osama's corpse. So, it's becoming more and more likely that the only evidence we're going to have that this happened is the almighty word of our government. But surely they would never lie to us!

And, lastly, I ran across this earlier today, and found it rather interesting: Former Deputy Assistant Secretary of State under three different administrations Steve R. Pieczenik admitted that Bin Laden has been dead since 2001. Infact, he is even prepared to tell a federal grand jury the name of a top general who told him directly 9/11 was a false flag attack.

I'm highly suspicious that this would ever be allowed to happen, and even if it does, it's even less likely that it would accomplish anything, but good for him anyway. I sincerely hope he does take it to the federal grand jury. 


Not wanting to fall victim to the great Osama distraction, however, I'm here to remind you that there's still a world out there, and real things are still happening. Like the depression.

And how's this for depressing: 1 in 7 Americans receive food stamps. But don't worry, though.... JP Morgan is making a killing off of the 15% of the country who can't afford to feed themselves.


And while we're at it, here's some depressing statistics about the US economy... and some sickening statistics on one of the main reasons why we got here: Outsourcing. According to the Wall Street Journal, the U.S. Commerce Department shows that US multinational corporations cut their work forces in the U.S. by 2.9 million during the 2000s, while increasing employment overseas by 2.4 million. According to Forbes, the US has lost over 50,000 jobs every MONTH since China joined the World Trade Organization. In 2000, there were 72 million middle-class jobs: manufacturing, construction, FIRE, transportation, etc; today, there are 65 million jobs. This means that  we have lost 10% of our middle class supporting jobs that have, for the most part, been replaced these with part-time jobs, temporary jobs, or no jobs at all. (source). According to a recent report from the National Employment Law Project, higher wage industries accounted for 40 percent of the job losses over the past 12 months but only 14 percent of the job growth.  Lower wage industries accounted for just 23 percent of the job losses over the past 12 months and a whopping 49 percent of the job growth.

Still think the US economy is going to recover?  All these facts aside... The dollar collapse aside... Hyperinflation, the national debt, Medicare/Medicade, food shortages, unsustainable wars, and everything else aside, there's one GARGANTUAN fallacy in thinking that the US economy will ever recover.

What is that, you might ask? Simple... It's the foundation upon which the future of this country will be built.. And something that I am entirely too familiar with: Student Loan Debt. This is another big issue for me, and something that I'll elaborate more on in a future post, but let me leave you with this point of consideration.
Student loan debt in the US is second only to mortgage debt... it surpasses all credit card debt, personal loan debt, and all other debt in the nation. In fact, student loan debt is approaching $1 trillion dollars at a rate of over $3K a second. You can watch it escalate here. Over 2/3 of college graduates have student loan debt, and the average amount of this debt is about $25-30K, with some unfortunate souls well into the 100K-200K mark. Interest rates for student loans can be in the upper 20%, and students today are graduating into an economy where you're literally lucky to get a job at McDonald's, as we saw above. And I've got far, far more gruesome statistics to share with you later. So, I ask you to think about this for a second... what kind of future does the US have if all of this is the foundation upon which we are building?

My opinion? Not much. Not much at all.



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