Tuesday, June 30, 2009


By Bud Burrell

The most repeated and glaring reference I have made with regard to illegal naked short selling has been to its role as a tactical tool to launder money and evade taxes, moving money offshore for various terrorist enterprises, including organized crime, terrorists and narco-terrorists, domestic and international. I have proved this over and over again, in case after case, only to be met by a black hole of silence from our authorities. I have shown them link after link to name after name, all of them repeatedly involved with one another is hundreds of transactions. The silence of the response has been deafening.

I am now forced to query whether or not our SEC is in fact a supporting co-conspirator in these various criminal and terrorist enterprises by choice. There are reports of the topics of their meetings with the worst of these scum perpetrators. Billions of dollars of investments have been stolen or converted from the securities of thousands of companies and issuers, taken from the pockets of millions of individual investors. The SEC in its arrogance doesn’t even deny this anymore.

A Caliphate of Toxic Assets

How Shari'a-compliant finance is preparing the next wave of Enrons.

By: Alyssa A. Lappen
FrontPageMagazine.com | Monday, June 29, 2009

[…] Major banks from Citigroup, HSBC, Chase, Bank of America and Lloyds TSB -- probably unaware of the etymology of Islamic finance -- established subsidiaries offering Shari'a-compliant products. Mutual funds at Principal Financial Group, UBS, Amana Funds and SEI Investments, among others, followed suit. Especially late last year as the devastating toll of sub-prime mortgage lending mounted, clients were assured that Islamic banking -- in many respects a dangerous financial fad -- was much safer than other banks and investment houses.

[…] “Islamic banking is in the toxic derivatives genre,” says Brighton. Each counter-party agreement within its complex “boxes” of interwoven counter-party risks, is a contract for “payment” and “delivery/receipt of funds.” Issuers create derivatives when they “peel off and resell pieces” from individual securities containing multiple counter-party contracts. One default by a party to any of the interwoven contracts in a “box” can cause its whole structure to collapse.

Moreover, Islamic finance is doubly toxic. Many banking corporations have created Islamic subsidiaries, says Brighton -- segregated oil wealth managed by “outside money managers” and Islamic radicals who don't circulate money globally, but keep it “within the Islamic community, as a charity- and jihad-funding mechanism.” They're just another economic time bomb that financiers have blindly bought.

Polar bear expert barred by global warmists


Over the coming days a curiously revealing event will be taking place in Copenhagen. Top of the agenda at a meeting of the Polar Bear Specialist Group (set up under the International Union for the Conservation of Nature/Species Survival Commission) will be the need to produce a suitably scary report on how polar bears are being threatened with extinction by man-made global warming.

This is one of a steady drizzle of events planned to stoke up alarm in the run-up to the UN's major conference on climate change in Copenhagen next December. But one of the world's leading experts on polar bears has been told to stay away from this week's meeting, specifically because his views on global warming do not accord with those of the rest of the group.

Monday, June 29, 2009

Cap-and-Trade: The Industrial Anti-Revolution

From theTrumpet.com

The U.S. economy is disintegrating, hundreds of thousands of people are losing their jobs every month, and record-high home foreclosures are sweeping the nation. But apparently that is not enough for out-of-touch politicians in Washington. Now they want to hit Americans with what the Wall Street Journal is calling possibly the “biggest tax in American history.”

If they were deliberately trying to destroy America’s economy, politicians and the green lobby could have hardly found a better way.

[…] If you look at the total cost of the bill due to increased manufacturing costs, shipping costs and compliance costs, you get a total average yearly impact on a family of four of almost $3,000, according to Heritage.

Sunday, June 28, 2009

Cap and Trade = Madness, Stupidity, Ignorance, and Ultimately a Greater Depression

By Bud Burrell

[...] The Coal industry has been handed its own death warrant. At a time when our electric power generation needs all the help it can get, coal companies are being told they are to be shut down. Few Americans understand what this means, the size of the total infrastructure supporting the source of energy that produces literally 50% of our total electric power. From mining of the coal, to shipment to power plants, to technologies for handling pollution, Coal creates and supports literally millions of jobs in this country and abroad.

[...] As long as this issue of what the final Cap and Trade policy will look like remains in limbo, so will capital investment, not only in new energy fields, but also in housing, small business, and almost every other sector. Toss the similar uncertainty about health care into the mix, and we have crippled no less the 3/7th's of the entire US economy, along with those sectors’ job mix and new job creation. If this sounds insane to you, it is because it is.

[...] Throwing out our national security in the name of some twisted leftist agenda that is anti-democratic and anti-capitalist isn’t the answer. Punishment of those who have broken our laws seems to be out of play too. God knows politicians don’t want to be held accountable for their performance or criminality. Well, I am afraid that insulative luxury will ultimately be denied them. They better hope they can arm ACORN fast enough to keep the patriots in line.

Comment: Start making plans, immediately, to survive the coming Clinton/Bush/Obama/Congress/Fed Reserve/Wall Street caused train wreak. Move out of the inner city. My other work says we have about fifteen months until the second wave of the crash starts which will be deeper than the decline into March 2009. I hope we have that much time to reposition to survive the coming Greater Depression. If you think this will be another normal corrective recession then you will not be prepared. In cycles of history this is a five hundred year turn (which is a complicated subject that will not be discussed in detail here).

Friday, June 26, 2009

Global Warming is religion to its supporters

Global Warming is religion to its supporters. We know about the cooling trend for the last ten years in spite of all attempts of the government, scientific hierarchy, and media to suppress research and data that contradicts the GW dogma. In fact, like politicians they spin the cooling trend to say it proves GW. This is what happens when the religious function infects thinking.

The US economy is tittering on the edge. Cap and Trade will push it over the edge into Depression. This is similar to what happened after the 1929 crash. Hoover raised taxes over 50%, and then Roosevelt further raised taxes driving what should have been a bear market and recession into a Depression.

The politicians and media are a pack of fools leading the US people straight into a train wreak.

Liar, Liar, Pants on Fire or Where Global Warming is Really Coming From

From Life Extension News
According to a report in Environment & Climate News,(1) James Hansen, astronomer and director of NASA’s Goddard Institute for Space Studies (GISS) has been caught doctoring temperature data from California “to make a long-term cooling trend look like a warming trend.” The article explains that the temperature history (as reported by the U.S. Historical Climatology Network (USHCN) for Santa Rosa, California) was examined by California meteorologist Anthony Watts and found to show a long-term decline, especially since the 1930’s. Watts then examined the temperature history for the same town as reported by GISS; the GISS report was completely different, reporting a long-term increase in Santa Rosa temperature. “USHCN reports a decline of nearly one-half degree Celsius during the twentieth century, while GISS reports a temperature increase of one-half a degree.”(1)

The article goes on to explain that the USHCN measures temperature by “taking daily readings from an immobile temperature station,” while GISS collects the USHCN temperature readings and then subjects them to adjustments (using methods which Hansen will not reveal), allegedly to correct for artificial influences such as land-use changes. The urban heat island effect (as Santa Rosa’s population increased from slightly more than 10,000 in 1905 to about 158,000 today) would have been expected to result in warmer temperatures (unrelated to global influences) and, hence, to adjust for the urban heat island effect would require the long-term temperature record should be adjusted downward, not upward. Yet, GISS is adjusting the raw temperature data upward instead of downward.

In the article on the facing page,(2) it described how “[i]n 2007, statistical scientists showed GISS had been artificially inflating U.S. temperatures by 0.15 degrees Celsius since the year 2000.” Furthermore, “[i]n 2008 statistical scientists showed GISS had falsely reported October 2008 was the warmest October on record when, in fact, it was a quite normal temperature month.” NASA later admitted that the “Warmest October” claim had been wrong.(3)


1. Taylor JM. GISS, Hansen Caught Doctoring More Data. Environment & Climate News Feb. 2009
2. Taylor JM. GISS, Hansen Frequently Report False Warming. Environment & Climate News Feb. 2009
3. ‘Warmest October’ Claim Was Wrong, NASA Admits. Environment & Climate News Jan. 2009

Thursday, June 25, 2009

The Palestinian people does not exist (i.e., it's a deception)

In an interview given by Zuhair Mohsen to the Dutch newspaper Trouw in March 1977, Mr. Mohsen explains the origin of the ‘Palestinians’:

The Palestinian people does not exist. The creation of a Palestinian state is only a means for continuing our struggle against the state of Israel for our Arab unity. In reality today there is no difference between Jordanians, Palestinians, Syrians and Lebanese. Only for political and tactical reasons do we speak today about the existence of a Palestinian people, since Arab national interests demand that we posit the existence of a distinct “Palestinian people” to oppose Zionism.

For tactical reasons, Jordan, which is a sovereign state with defined borders, cannot raise claims to Haifa and Jaffa, while as a Palestinian, I can undoubtedly demand Haifa, Jaffa, Beer-Shevaand Jerusalem. However, the moment we reclaim our right to all of Palestine, we will not wait even a minute to unite Palestine and Jordan.

So why does everyone expect Israel to cut out half of its guts to create a real state for an imaginary people? Why does everyone expect Israel to endanger its own security to give a state to a people that does not exist?

Friday, June 19, 2009

Barack Hussein Obama’s Happy Muslim Rainbow Tour

Taki’s Magazine 18 June 2009
By Srdja Trifkovic

It is not the jihadists who are “distorting” Islam; the apologists and appeasers of Obama’s ilk are. Islam, in Muhammad’s revelations, traditions and their codification, threatens the rest of us. It is the religion of war and intolerance. It breeds a peculiar mindset, the one against which Burke warned when he wrote that “intemperate minds never can be free; their passions forge their fetters.” Until the petrodollars support a comprehensive and explicit Koranic revisionism capable of growing popular roots, we should seek ways to defend ourselves by disengaging from the world of Islam, physically and figuratively, by learning to keep our distance from the affairs of the Muslim world and by keeping the Muslim world away from “the world of war” that it seeks to conquer or destroy. It is a fair-minded, morally sound, and eminently achievable strategy. Obama, Bush, and so many presidents before them have been leading America in the opposite direction.

[read article]

Wednesday, June 17, 2009

The coming catastrophe caused by US miscalculation

It will not be Israel that miscalculates. It will be the United States that unconsciously maneuvers Israel into facing a second holocaust. Being Armenian, unlike people in the West I understand the Middle East. If Armenia had two hundred nuclear bombs and was being overrun by Muslim armies and facing a second genocide I would nuke every Muslim city in the Middle East and also their allies in the West and the East. This is the great danger we are facing, not that Israel will attack Iran but that Iran will use or allow a nuclear weapon to be used against Israel which will result in a retaliatory nuclear attack against the Muslim world and their allies. This will crash all Middle Eastern oil production which will disrupt agricultural production resulting in the worldwide starvation of billions of people. With every day I see this outcome as more likely.

Saturday, June 6, 2009

BAT YE’OR on Obama’s Cairo Speech

From NRO (scroll down on page)
Pres. Barack Obama was elected, by an overwhelming majority, on a program in which America’s rapprochement with Islam stands pre-eminent. This is a legitimate political aim in the quest for world peace. The questions are: how to achieve it, and why there is no reciprocal effort from the Muslim world represented by the Organization of the Islamic World (OIC). This body could express its regrets for over a millennium of jihad wars, land expropriations, enslavements, and humiliations of the conquered non-Muslim populations on three continents. 

Obama’s Cairo discourse fits perfectly into his agenda. It flatters Muslim sensibilities and expresses the Muslim view of historical tolerance and cultural superiority over infidel civilizations. When Obama mentioned the “Isra” event, he referred to Muhammad’s ascension to heaven and his return in one night on a winged mule named Buraq. There he greets two Muslim prophets, Moses and Jesus/Isa, who are not the biblical figures. The image used here by the American president as a symbolic interfaith reconciliation between the three faiths is a meeting between three Muslim prophets and not the figureheads of the three monotheistic religions. Besides, the Isra event is not recognised by non-Muslims, and it didn’t happen in Jerusalem, as this name does not appear once in the Koran.

The president’s speech is similar to many such declarations by European leaders. The question it raises is how much the West is ready to forgo truth and its basic principles in its supplication for obtaining peace with Islam. Clearly, the full Islamization of the West is the quickest way to obtain it. Obama’s political program in connection with the Alliance of Civilizations conforms to an OIC strategy that has already been accepted by the EU. In history, this policy has a name: the dhimmitude syndrome.

Bat Ye’or’s latest book was published in Italy: Verso il Califfato Universale, Come l’Europa è diventata complice dell’espansionismo musulmano, Lindau, Torino: May 2009. (Toward the Universal Caliphate: How Europe Became an Accomplice of Muslim Expansionism.)

Sarkozy: “Islamization is Inevitable”

From The Brussels Journal

Philippe de Villiers was interviewed by the weekly Famille Chrétienne. The Catholic blog Le Salon Beige relates part of the interview:

- Why are you so focused on the theme of Turkey and Islamization?

- Quite simply because we will see the first transformations of churches into mosques in the coming three years. At any rate, that is what Nicolas Sarkozy told me.

- When?

- I had an in depth discussion with him at Elysée at the end of last year. He said to me: "You have intuition, I have the figures. And your intuition is confirmed by my figures. The Islamization of Europe is inevitable." Careful: it's a process that will not occur overnight, but will take decades.

- Why does this issue appear to be of central importance to you?

- Most politicians have a comforting ignorance of what Islam is and propose transforming Europe into a supermarket of competing religions. Unaware that Islam is not only a religion since, by melding the temporal and the spiritual, it imposes a law. But behind this comforting ignorance of politicians, there are those who know. (...) The reality is that we are headed for a criss-cross [chassé-croisé] with, on one side, Europe and its en masse abortions, its promotion of gay marriage, and on the other, immigration en masse (...)

"Chassé-croisé" is virtually impossible to translate. Originally a choreographic term, it usually refers to a crowded movement in one direction that passes but never encounters a crowded movement in another direction. Sometimes it is just kept as is in English.

- Aren't you exaggerating the dimensions of the phenomenon?

- No. The crux of the issue is simple: Europe is refusing its own demographic future. And it is working with a fearsome weapon towards this end, written into the Charter of fundamental rights appended to the treaty of Lisbon: the promotion of gay marriage. This in turn is accomplished through the principle of non-discrimination and the disassociation of marriage from the sex of the spouses (which appears in article 7 of the Charter of fundamental rights). In reality, there are two weapons being used by European leaders to kill Europe demographically: the promotion of gay marriage and en masse abortions. And a third: the recourse to immigration that is 80% Islamic in order to replace the people who are no longer there (...)

Friday, June 5, 2009

Muslim Agitprop and Disinformation

Muslim communist party members in Bosnia were trained by the Yugoslavian communist government in techniques of journalistic agitprop and disinformation. The original intent of this training was to deceive foreigners and control the Yugoslavian people. In the 1990’s the Bosnian Muslims brought their training in agitprop and disinformation to the aid of the Islamic jihad in the Balkans, but modified by the particular influence of Islam’s lack of respect for the sanctity of human life.

The technique in its most basic form is to cause injury to Muslims by Muslims but trick the Western and other foreign media into putting the blame on the enemy of the Muslims (Serbs, and later, Israelis, Armenians, etc.). The injury can be up to and include Muslims killing Muslims by shooting or bombing such as was done on three different occasions in Bosnian marketplaces where Western journalists were maneuvered nearby just before the Muslims bombed the marketplaces to fix the blame on the Serbs.

The Palestinians picked up these techniques which have been applied with gusto against Israel. The Left and media in the West have to a substantial degree repeatedly accepted the Palestinian deception. These techniques are being ramped up by the Taliban in Afghanistan and by other jihadist groups.

The deception at Racak in Kosovo in 1999 was used by a very willing USA to justify its bombing of Yugoslavia. In this case the KLA threw the dead bodies of their comrades killed in an earlier gunfight with Serbian police into a ditch. William Walker, an agent of US policy, ran interference to make sure the deception ran to completion in the Western media to pin a massacre on the Serbs. Therefore in the case of Racak we have to sadly conclude that the US government was a willing and knowing agent of a KLA agitprop and disinformation strategy of deception.

The Azerbaijanis tried this strategy of deception with the connivance of CNN to demonize the Armenians in the early 1990’s but the Armenians quickly stopped it by threatening to attack CNN (threat here meaning much more than a verbal threat).

It is important to recognize that this technique of agitprop and disinformation which includes killing their own people as necessary was developed by Muslims in Bosnia from whence it has spread to Muslim jihadist groups worldwide. In its ignorance and stupidity the Western media has repeatedly shown itself to be a willing victim of this Muslim strategy of deception.