just another guy with straw for brains …
Segment #1: This week in free energy
Presenter: Sterling Allan, CEO, founder of New Energy Congress
Estimated Time: 20 minutes
Sterling Allan’s show notes are available at
Segment #2: Scarecrow’s News Rant
Presenter: an editorial by SmartScarecrow
Estimated time: 30 minutes
Establishment Media Admits Conspiracy To Ignore Ron Paul
Paul Joseph Watson
Despite Ron Paul’s overwhelming success in Saturday’s Ames straw poll, finishing second to Michele Bachmann by less than two hundred votes, in an astounding video establishment media talking heads admit what we’ve been highlighting from the very start – that there is a deliberate policy to sideline, ignore and discredit Paul’s campaign.
After pointing out that Ron Paul only lost to Michele Bachmann by a tiny percentage (and that after accusations that Bachmann’s campaign attempted to rig the result by buying 4,000 votes), and that the Ames result was virtually a “tie for first,” Politico’s Roger Simon said the reason for him being ignored was that “the media doesn’t believe he has a hoot in hells chance of winning the Iowa caucuses, the Republican nomination or winning the presidency, so we’re gonna ignore him.”
CNN host Howard Kurtz even admits that, “We are in the business of kicking candidates out of the race”.
The bizarre aspect of this clip is that Simon admits the Ames straw poll is a key indicator of the race and was “as good as a win” for Ron Paul, then completely contradicts himself by saying Paul has no chance of winning. This dichotomy illustrates how the media-generated perception of Paul’s campaig as futile has no basis in reality – it is nothing more than a hoax designed to manipulate the American people.
Indeed, it is the establishment’s fear that Ron Paul could build the kind of momentum for a win that drives the deliberate policy to ignore his campaign. By manufacturing the hoax that Ron Paul has no chance of winning, the establishment hopes their rhetoric will become a self-fulfilling prophecy.
Look at it another way. It’s almost a given that former Federal Reserve insider Herman Cain has no chance of winning the Republican candidacy, and the polls prove it, but you won’t hear the mainstream media endlessly obsessing about the futility of his campaign as they do with Ron Paul, even as Paul’s poll results illustrate how he is a strong front runner.
The establishment denigrates Paul’s campaign not because they think he can’t win, but because they’re scared hemight win. That’s why they’ve made it their job to try and derail his momentum at every turn. It’s their job to manipulate the American public into thinking they’re wasting their vote if they support Paul because he has no chance of winning, when the opposite is true, he has every chance of winning, if only he was given an equal platform with the other candidates.
Politico’s efforts to pretend Ron Paul doesn’t exist were brazenly apparent in the first incarnation of their headline regarding the Ames straw poll result, which was entitled, Michele Bachmann wins Ames Straw Poll, Tim Pawlenty gets third (the headline was later changed).
Despite the fact that Ron Paul beat Pawlenty, who subsequently announced he was dropping out of the racealtogether, by over 2,300 votes, and Paul trailed Bachmann by a mere 152 votes, it was Pawlenty and not Paul who made the headline of the article.
No wonder the headline was later amended, as the You Tuber in the video below documents. This was a transparent and embarrasing effort to ignore Ron Paul’s existence altogether, a tactic we’ll be seeing plenty more of over the next 12 months.
WE STILL DO NOT KNOW THE TRUTH ABOUT 911
Architects & Engineers – Solving the Mystery of WTC 7 – AE911Truth.org
Source Video -> http://www.youtube.com/watch?v=hZEvA8BCoBw
If these guys are correct, someone with the required knowledge of demolition techniques and access to the internal structure of these buildings had them wired up and ready to go with a push of a button LONG BEFORE the buildings were struck by airliners flown by bearded Muslim terrorists organized out of a cave in Afganistan. Our “war against terrorism” was initiated against the wrong enemy!
FUKUSHIMA JUST A JAPANESE PROBLEM?
MY BIG FAT NUCLEAR DIRTY BOMB
By 21st Century Wire
By Andrew McKillop
21st Century Wire
August 18, 2011
Source Article -> http://21stcenturywire.com/2011/08/18/the-big-fat-nuclear-dirty-bomb/
Within the next 15 years as many as 100 industry standard 900 MW nuclear reactors, concentrated in the “old nuclear’ countries will have to be decommissioned, dismantled and made safe – unless the sinister farce of reactor operating lifetime extensions goes on playing.
In some countries, especially Germany, Switzerland and probably Japan this farce has already ended or could end very soon. When it does, nuclear debt will go into overdrive from its already high gear shift setting.
Nuclear power is capital intensive, lives on subsidies, thrives on false hopes and dies in debt.
Putting a figure on how much the nuclear “decomm” story will cost is in fact impossible – and is signalled by the tell-tale anticipative action of nuclear friendly governments, for example the UK, which now sets decomm as an activity that will only need to start a generous or foolhardy 30 or 40 years after the reactor was powered down and removed from the national power grid. Until then, the reactor can stay on the horizon as a contribution to national culture, or something. Decomm periods could or might be as long as 125 years, according to some nuclear apologists: why not 250 years?
PAST THEIR SELL-BY DATE: Old nuke plants are a massive liability for their host countries.
Staying an extra moment in the UK which this month of August 2011 had a three-day low level civil war outbreak, countered by PM David Cameron with the same phlegmatic repressive “courage” as Bashr el Assad facing his own five-month real civil war in Syria, we get an additional glimpse of nuclear power’s real and open-ended risks and costs.
In a real civil war, in any country with real nuclear power plants, who exactly is going to tell us these giant Dirty Bombs will not get hit – possibly as early priority targets for insurgents and anti-government forces? In that case, what will be the economic costs and sequels of this?
The keyword “disaster” suffers from overuse and erosion, for example the loss of Michael Jackson is a “disaster” for world culture, but nuclear disaster has a real and known meaning.
While we do not know and will not know the real cost of the Fukushima 4-reactor meltdown because a period of 10 years is about the minimum needed to get a handle on it, the economic damage and loss from the Chernobyl 1-reactor meltdown has been relatively well costed – over the years since it happened in 1986. At a minimum and in today’s depreciating and devaluing dollars, the cost ballpark starts at about $ 250 bn.
To be sure, this is chicken feed relative to the multi trillion-euro and trillion-dollar sovereign debts being juggled in Europe and the USA (or the 1000 trillion yen sovereign debt of Japan), but it concerns real world spending in the real economy. The leverage relation between the real economy, and the high speed fantasy world of sovereign debts, is hard to estimate but we can suggest that $1 spent in the real economy is equal to at least $100 of funny debt fiat money being refinanced, restructured and extended.
Next we add that these two nuclear catastrophes, grave as they were, extreme as they were, occurred a long way from dense urban areas with high value properties and businesses, and millions of residents. The chance of “Nuclear Luck” continuing, with rural-type disasters rather than city region disasters, is not guaranteed – but nuclear power’s extreme high costs and risks are guaranteed, sure and certain.
Worst-case scenarios for nuclear collateral damage in so-called “mature democracies” facing civil war because of political decisions made by the elite to defend their shrinking middle classes, waking up to the reality they are getting poorer, not richer, are relatively easy to construct. We can likely multiply the Chernobyl tab for economic and loss and damage by a factor of four, for city regional nuclear catastrophes of the future, taking the real economy risk of loss to around $ 1 trillion, a respectable number for players like Obama to put through their teleprompters. The impact of this on already so-fragile national finances and economic confidence in the Old Rich/New Poor countries would be, very simply, catastrophic.
RECYCLE, REUSE AND DEFEND THE ECONOMY
Nuclear waste business, as we know, is not business friendly and leads to the very basic reflex of simply dumping a considerable and growing part of the world’s unmanageable nuclear wastes from the current world fleet of around 436 operating civil reactors (depending on how many Japanese reactors are brought back into service).
Proliferation risks are in a decidedly Olde Worlde 1950s-way restricted only to conventional explosive nuclear weapons – totally ignoring both Depleted Uranium weapons using and “recycling” nuclear wastes, value-adding too, and the future Dirty Bombs which with almost no possible doubt will be used in coming civil wars and international wars. Both of these nuclear war options are above all cheap, and of course dirty.
Since the 1991 Gulf War 1 against Iraq, the war against Afghanistan starting in 2001, and second war against Iraq of 2003, at least 2500 tons of Depleted Uranium weapons have been used by the US, UK and France in these delightfully far away and “over the horizon” Indiana Jones type war theaters – causing a conservatively estimated 10 000 cancer deaths, and as many as 50 000 living sufferers of cancer in Iraq and Afghanistan. This has easily calculated economic consequences – when this concerns white democratic middle class sufferers of the same types of cancers: roughly $ 40 000 for a cancer death and $ 25 000-per-year fur surviving cancer sufferers.
To be sure these cancer deaths and injuries are chicken feed in relation to the civilian deaths and refugees caused by the West’s “pre-emptive” attack against Saddam Hussein’s Iraq and its virtual stock of Mass Destruction weapons, and revenge crusade against the Taliban for so expertly organizing the demolition of New York’s Twin Towers in 2001, exactly like the ratio of real economy damage cause by nuclear power and the notional debt mountains of the formerly-rich countries. However, total civilian deaths in these two completely illegal wars – probably more than 250 000 – and the real suffering caused to millions by these illegal wars will we can hope some day give way to reparations, which will be payable and due, exactly like debt repayment by the Old Rich/New Poor countries. The “cute idea” of recycling nuclear wastes as DU ordnance will generate the economic damage that these filthy weapons should generate. Those who profit from misery will finally pay.
To be sure, this cozy morality is fine – as long as the sell-by-date for muddling through is way in the future. When it comes home to roost with the very shrinking number of bird numbers – even bird species – this is another kettle of also rapidly depleting open ocean fish.
LOSS AVOIDANCE IS THE ONLY SOLUTION
Turning off the nuclear tap will soon become the only solution. With civil nuclear power plant growth and proliferation already cancelled in several countries, including Germany, Japan and Switzerland and likely to be placed on hold because of nuclear debt and the sheer un-economic nature of nuclear power in other countries – to be sure with China and India coming very late to the party – we can be sure that Nuclear Nirvana’s murky underside of a Pandora’s Box of evils will soon cause a sea shift in ruling elite thinking.
Options exist for the rapid removal of nuclear power from the scene. Since 2008, in more than a half of OECD countries exposed to the realities of the sovereign debt crisis, electricity consumption has fallen by double-digit amounts in 3 years. The need for nuclear power is cut by this real world trend. To be sure there are long-term and rising nuclear debts due to accumulated wastes and to the near-term future crisis of reactor decommissioning – which should (in a sane world) only hasten the total abandonment of this failed option for supplying “cheap, clean and safe” power.
The options are better known than ever. The pathology of “we didn’t know” – has worn awfully thin after the Fukushima disaster, and the recent close calls around the Fort Calhoun Nuclear facility in Nebraska. The same applies to Depleted Uranium weapons, so nicely reserved for expert commentators to pontificate on – but which cause cancers and economic loss every day in Iraq and Afghanistan.
The choices and options are on the table for those who want to admit them. Unfortunately our current political decider elite is congenitally unable to admit them. Soldiering along and muddling through with the deadly, high cost option of nuclear power will continue – but not for long.
Russia Today – Fukushima Cracks in Earth with Steam Coming Out WTF? 8/17/11
Source Video -> http://www.youtube.com/watch?v=L8ZywzIVIl8
Can you say, “China Syndrome: ??? or maybe from Japan its Nebraska Syndrome – not really sure
Tritium from Vt nuke plant in Connecticut River
MONTPELIER, Vt. — Vermont health officials say radioactive tritium from the Vermont Yankee nuclear plant has reached the Connecticut River.
Dr. Harry Chen, the state health commissioner, said late Wednesday that samples of water taken July 18 and July 25 from the river — at the point where contaminated groundwater flows from the shoreline into the river — confirmed the migration of the substance.
Chen says health officials have been tracking the plume of tritium-contaminated groundwater as it moved towards the river and that the readings confirm it has reached the river.
Last year, when tritium was discovered in ground water at Vermont Yankee, health officials said it was likely it had reached the river but that it couldn’t be confirmed in testing of the river water.
JUST IN CASE YOU THOUGHT EVERYTHING WAS FINE IN GULF OF MEXICO!
New Oil Leaking from Deepwater Horizon Macondo Well
BP Hires Fleet of 40 Shrimp Boats to Lay Boom Around Deepwater Horizon Site.
Thursday, 18 August 2011
No, this isn’t a post from last year. Oil from the Macondo Well site is fouling the Gulf anew – and BP is scrambling to contain both the crude and the PR nightmare that waits in the wings. Reliable sources tell us that BP has hired 40 boats from Venice to Grand Isle to lay boom around the Deepwater Horizon site – located just 50 miles off the Louisiana coast. The fleet rushed to the scene late last week and worked through the weekend to contain what was becoming a massive slick at the site of the Macondo wellhead, which was officially “killed” back in September 2010.
The truly frightening part of this development, as reported in a previous post (see below), is the oil may be coming from cracks and fissures in the seafloor caused by the work BP did during its failed attempts to cap the runaway Macondo Well – and that type of leakage can’t be stopped, ever.
Catch up on how this could possibly be happening – again – by reading or re-reading my July 25 post below. Stay tuned as we will be all over this story as it continues to develop.
Is BP’s Macondo Well Site Still Leaking? Fresh Oil on the Gulf Raises Concerns and Haunting Memories
Fresh oil is surfacing all over the northern quadrant of the Gulf of Mexico. Reports of slicks that meander for miles and huge expanses of oil sheen that look like phantom islands are becoming common, again. Fresh oil, only slightly weathered, is washing ashore in areas hit hardest by last year’s massive spill, like Breton Island, Ship Island, the Chandeleurs and northern Barataria Bay.
BP has reactivated its Vessels of Opportunity (VoO) program to handle cleanup. It’s a sickeningly familiar scene that has fishermen, researchers and public officials searching for answers, as haunting memories of last year’s calamity come roaring back.
The fifty-thousand-dollar question, of course, is where is all the new oil coming from?
One theory: The Macondo Well site, located just 40 miles off the Louisiana coast, is still leaking untold amounts of oil into the Gulf. Some argue that the casing on the capped well itself is leaking. Others believe oil is seeping through cracks and fissures in the seafloor caused by months of high-impact work on the site, including a range of recovery activities (some disclosed, some not) as well as the abortive “top kill” effort.
Venezuelan leader to withdraw $11B in gold reserves to protect against “disturbances” in financial system
Paul Joseph Watson
Thursday, August 18, 2011
Despite a report from the World Gold Council showing that demand for the precious metal has subsided, gold soared to a new record high today on the back of another stock market plunge and an announcement from Venezuelan President Hugo Chavez that the country’s gold mining industry would be nationalized.
Gold touched a new record high of around $1827 dollars an ounce as the Dow Jones plunged by 500 points in early trading.
Gold soared to new heights even in the face of a World Gold Council report that said demand was down 37% year on year.
However, the report noted that there was “increasing acceptance of higher price levels” globally, which explained a modest 3% fall in recycling gold on the supply side.
Although today’s new high for gold is obviously being driven by a flight to safety as the stock market crumbles, Hugo Chavez’s announcement last night that he was to nationalize the country’s gold mining industry undoubtedly has had an impact on today’s trading.
Chavez likened the people that control the gold industry to “the mafia,” stating, “We can’t keep allowing them to take it away,” as he made public plans to withdraw $11B in gold reserves from U.S. and European banks, including 99 tonnes held with the Bank of England and other reserves held by J.P. Morgan Chase, Barclays, HSBC and Standard Chartered, France’s BNP Paribas and Canada’s Bank of Nova Scotia.
Of the country’s 365.8 tonnes of gold, 211 tonnes is believed to be held abroad.
“At the time of these disturbances, it’s preferable to recover our assets, in this case the gold, and have it here in the vaults,” Venezuelan Central Bank president Nelson Merentes said, adding that it would be re-invested in more stable economies like China, Russia and Brazil.
Venezuelan Foreign Minister Nicolas Maduro said the move was part of a plan to create a “new international monetary system” as an alternative to the crisis-hit dollar reserve structure that currently governs the financial world.
Chavez’ decision to pull gold reserves out of the United States and Europe is only going to increase concerns about lack of mine supply, which is already set to fall by around 5.1 per cent this year. This will ensure gold sails through the $2000 barrier sooner rather than later.
As the George Washington Blog notes, “Nationalizing Venezuela’s gold means less gold available in the free market, and the scramble for physical gold to make good on Venezuela’s recall demand could challenge the 100-to-1 leverage levels of paper gold derivatives to physical gold.”
MISH’S Global Economic Trend Analysis
Wednesday, August 17, 2011 4:39 PM
Source Article -> http://globaleconomicanalysis.blogspot.com/2011/08/sec-destroys-9000-fraud-files-involving.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MishsGlobalEconomicTrendAnalysis+%28Mish%27s+Global+Economic+Trend+Analysis%29
SEC Destroys 9,000 Fraud Files Involving Wells Fargo, Bank of America, Citigroup, Goldman Sachs, Credit Suisse, Deutsche Bank, Morgan Stanley, Lehman
Senator Chuck Grassley, Republican of Iowa, says SEC may have destroyed documents
“From what I’ve seen, it looks as if the SEC might have sanctioned some level of case-related document destruction,” said Sen. Chuck Grassley, Republican of Iowa, in a letter to the agency’s chairman, Mary Schapiro.
“It doesn’t make sense that an agency responsible for investigations would want to get rid of potential evidence. If these charges are true, the agency needs to explain why it destroyed documents, how many documents it destroyed over what timeframe, and to what extent its actions were consistent with the law.”
Agency staff “destroyed over 9,000 files” related to preliminary agency investigations, according to a letter sent in July to Grassley, the top Republican on the Senate Judiciary Committee, and obtained by MarketWatch.
The allegations were made by SEC enforcement attorney, Darcy Flynn, in a letter to Grassley. Flynn is a current employee, and according to the letter, received a bonus for his past year’s work.
Flynn alleges the SEC destroyed files related to matters being examined in important cases such as Bernard Madoff and a $50 billion Ponzi scheme he operated as well as an investigation involving Goldman Sachs Group Inc. trading in American International Group credit-default swaps in 2009.
Flynn also alleged that the agency destroyed documents and information collected for preliminary investigations at Wells Fargo, Bank of America,, Citigroup, Credit Suisse, Deutsche Bank, Morgan Stanley, and the now-bankrupt Lehman Brothers.
The letter goes into particular detail about Deutsche Bank, the former employer of current SEC enforcement chief Robert Khuzami as well as former enforcement chiefs Gary Lynch and Richard Walker.
The allegations that the SEC destroyed documents were first reported by the Rolling Stone magazine in a report Wednesday.
Senator Grassley’s Letter to the SEC
Inquiring minds may be interested in Senator Grassley’s Letter to the SEC
Slap of the Wrist of MarketWatch
Once again I am irritated by articles and authors who quote other sources and do not have the decency to post a link. In this case the author is Ronald D. Orol, a MarketWatch reporter, based in Washington.
Orol should have caught that and if not the editors at MarketWatch should have caught it.
Is the SEC Covering Up Wall Street Crimes?
Please consider Rolling Stone: Is the SEC Covering Up Wall Street Crimes? by Matt Taibbi
Imagine a world in which a man who is repeatedly investigated for a string of serious crimes, but never prosecuted, has his slate wiped clean every time the cops fail to make a case. No more Lifetime channel specials where the murderer is unveiled after police stumble upon past intrigues in some old file – “Hey, chief, didja know this guy had two wives die falling down the stairs?” No more burglary sprees cracked when some sharp cop sees the same name pop up in one too many witness statements. This is a different world, one far friendlier to lawbreakers, where even the suspicion of wrongdoing gets wiped from the record.
That, it now appears, is exactly how the Securities and Exchange Commission has been treating the Wall Street criminals who cratered the global economy a few years back. For the past two decades, according to a whistle-blower at the SEC who recently came forward to Congress, the agency has been systematically destroying records of its preliminary investigations once they are closed. By whitewashing the files of some of the nation’s worst financial criminals, the SEC has kept an entire generation of federal investigators in the dark about past inquiries into insider trading, fraud and market manipulation against companies like Goldman Sachs, Deutsche Bank and AIG. With a few strokes of the keyboard, the evidence gathered during thousands of investigations – “18,000 … including Madoff,” as one high-ranking SEC official put it during a panicked meeting about the destruction – has apparently disappeared forever into the wormhole of history.
Under a deal the SEC worked out with the National Archives and Records Administration, all of the agency’s records – “including case files relating to preliminary investigations” – are supposed to be maintained for at least 25 years. But the SEC, using history-altering practices that for once actually deserve the overused and usually hysterical term “Orwellian,” devised an elaborate and possibly illegal system under which staffers were directed to dispose of the documents from any preliminary inquiry that did not receive approval from senior staff to become a full-blown, formal investigation. Amazingly, the wholesale destruction of the cases – known as MUIs, or “Matters Under Inquiry” – was not something done on the sly, in secret. The enforcement division of the SEC even spelled out the procedure in writing, on the commission’s internal website. “After you have closed a MUI that has not become an investigation,” the site advised staffers, “you should dispose of any documents obtained in connection with the MUI.”
That is the opening snip. The entire article is worth a read.
I rather suspect the SEC has safeguarded with perfect care the files on Martha Stewart, two-bit Joe, and blogger Bob.
YOU BE LOOKIN LIKE A TERRORIST TO ME!
Greater terror risk from smaller strike: Napolitano
Thursday, August 18, 2011
WASHINGTON (AFP) – A decade after the 9/11 attacks, America faces less risk from a repeat massive terror strike than from a smaller, less deadly hit which could prove harder to detect, the country’s domestic security chief said Wednesday.
“What we see instead are smaller plots involving fewer people so they are much more difficult to intercept,” US Homeland Security Secretary Janet Napolitano said at an event held at the US Chamber of Commerce.
“We have a layered system of security that gives us multiple ways in which to interrupt that large complicated plot,” Napolitano said.
“But we are also seeing the rise of the activity by individuals who are actually in the country and they are acting by themselves,” she said.
“That kind of attack is the most difficult to prevent because there is nothing to intercept,” Napolitano said.
She made her remarks at the forum held less than a month before the anniversary of the 2001 Al-Qaeda assault on the Pentagon and Manhattan’s World Trade Center complex.
Napolitano said overall US domestic security is greater than it was before September 11, 2001, when the nation suffered the deadliest attack ever on the United States.
“There is no question that our country is stronger and more secure against those kind of attacks than a decade ago,” Napolitano said. “We have made progress on every front.”
Her comments echoed remarks one day earlier by US President Barack Obama, who said he worried about a possible terror strike on US soil by a solitary extremist.
“The most likely scenario that we have to guard against right now ends up being more of a lone wolf operation than a large, well coordinated terrorist attack,” he told CNN television during a campaign-style swing through the US heartland state of Iowa.
“When you’ve got one person who is deranged or driven by a hateful ideology they can do a lot of damage and it’s a lot harder to trace those lone wolf operators,” Obama said Tuesday.
He said US officials were “constantly monitoring potential risks” but said a punishing US campaign had left Al-Qaeda “a much weaker organization with much less capability than they had just two or three years ago.”
Segment #3: Feature Presentation – TBA – Think we may have a guest Presenter!!
Presenter: Super Secret for now (fact is, have no idea if will show!)
Estimated time: 30 minutes
Segment #4: Audience Q&A Session
Estimated time: 10 minutes