Allied leaders were anti-Nazi, but not anti-racist. We’re now paying the price for their failure.

How pompous the youth of today, are over their superior knowledge, to the likes of Churchill and Roosevelt had.
Perhaps if they took the time, to understand that wealth of information came from 70 years of after thought, all placed neatly in a library for them to learn from, they would thank those historians rather than to consider their country a failure and it's leaders inept.

Didn’t we already fight — and win — this war?
Well, not exactly. Because while Allied countries opposed the Nazis and Allied troops defeated them, the leaders of the United States and Britain rarely attacked the core tenet of Nazism: the belief in a master race.

In my World War II class recently, I had my students pore through the speeches and letters of British Prime Minister Winston Churchill from the years around the war’s start in 1939, searching for his basis for opposing the Nazis. They found Churchill wanted to stand up to the Nazis’ expansionism, fight their anti-democracy posture and resist what he called (but largely left undefined) their anti-Christianity. What he did not do, however, was call for the destruction of the essence of Nazism: race supremacy.

US incomes fall to 1989 levels. How did that happen?

Here's a good laugh for the day
A recession lol what a joke.
Try the big "D" word, it's a tad more fitting at this point.
Oh well , what can you expect from a propaganda piece?

a $560 billion package of mandatory spending cuts and tax hikes that take effect at year's end, including the expiration of the Bush tax cuts, that could cause a recession unless Congress takes countermeasures to prevent a big drop in consumption.

A Census report signals that for much of America, the economic downturn has produced not one lost decade but two. But the data also show that federal safety-net programs helped keep people out of poverty

Economists haven't reached a consensus about what forces have caused the middle-class stagnation, but they have pointed to some that may be involved to varying degrees:
•Globalization

Jobless Greeks Clean Toilets in Sweden for Work

A job is a job, and one must be grateful in this day and age just to have one. America whose toilet will you clean? While Mexico now enjoys the status of having a "Middle class", they also have a policy that says, you have "no rights" to work there. Are "We" to become the nation of "illegal
immigrants" now, sneaking across the border to clean Mexico's toilets and cut their grass?
Juss saying..... and pointing to the obvious
Think about it.

As a pharmaceutical salesman in Greece for 17 years, Tilemachos Karachalios wore a suit, drove a company car and had an expense account. He now mops schools in Sweden, forced from his home by Greece’s economic crisis.

“It was a very good job,” said Karachalios, 40, of his former life. “Now I clean Swedish s---.”

Karachalios, who left behind his 6-year-old daughter to be raised by his parents, is one of thousands fleeing Greece’s record 24 percent unemployment and austerity measures that threaten to undermine growth. The number of Greeks seeking permission to settle in Sweden, where there are more jobs and a stable economy, almost doubled to 1,093 last year from 2010, and is on pace to increase again this year.

“I’m trying to survive,”

Putin Looks East for Growth as Debt-Ridden Europe Loses Sheen

Keep on keeping on Mr P. At least Russia has an actual legitimate direction in which to go into, rather than the business of creating "bogus" wars, to use as a floaty, to keep from drowning, in the deep waters, of debt.
The United States, is now in the middle of the ocean, and there's a ever growing larger pinhole, in it's floaty.

Russia, faced with a debt crisis in its top trading partner, is pivoting east for the trade and investment President Vladimir Putin needs to meet the economic targets he set for his third term.

The world’s largest energy exporter plans to construct an oil refinery on the Pacific coast and may send grain eastward as Toyota Motor Corp. (7203) and Mazda Motor Corp. (7261) consider building Russian plants. The government has spent more than $20 billion to showcase Vladivostok, 4,000 miles east of Moscow, as leaders gather for this week’s Asia-Pacific Economic Cooperation summit.

Russia is looking to Asia as the European Union, which accounts for about half of its trade, grapples with a three- year-old debt crisis. Putin, who’s targeting faster growth and a greater role for investment, says the 21 APEC economies represent the best bet to fuel global expansion as traditional engines such as the U.S. and Europe flag.

“Russia has long been an intrinsic part of the

Afghanistan, August 2012: Return of the Fallen

Two months ago, I met a young man named Micheal. He had just come home from his 3rd tour of duty. This tour was served in Afghanistan.
It was supposed to be his last tour, but he'd only been home a week, and had already made the decision to re-up. Not because he missed it, or his buddies, but because he felt he had failed, and he needed to fix it.
To me he looked like he was just a child, all except his eyes. They held so much pain, that they could have been mistaken for someone very old, whose last days had been to much pain to bare.
Michael was a Medic, and one of the last things that he had to do before he shipped out to come home, was to work on a little two year old girl. She was very bad off, because of the blast from an IED. He needed to place an IV, but he couldn't get the needle to go though her skin. He told me it was like leather from the sun. He couldn't believe it because she was only a baby. He knew he had, to have, been hurting her, but she never made a sound. After 10 or 15 minutes of trying he finally called over another Medic to see if he could get an IV started. He couldn't, he did finally penetrate her skin with the needle but she was so little, he missed her vein. The little girl stared at Michael, the whole time he was stroking her cheek, while the other Medic was trying. Finally Michael said after another 15 minutes of trying the other Medic succeeded, and just as he did the little girl gave Michael the briefest of smiles,(or at least he thought/hoped she did) let out a last little breath of a sigh and died. He felt like, if only he could have gotten the IV in, she might have had a chance. If he hadn't failed, and it hadn't taken so long for him to call over the other Medic, she might have lived.
What this story hasn't told you, is that she was missing an arm, and bleeding profusely from a chest wound. But to Michael those didn't kill her, he did, all because he couldn't get that IV in. She was with him all the time in his mind and when he came home, nothing would take her place. So he chose to go back to try again.


These soldiers to, have a story, and even though I can't tell you what it is, I ask, would you please, honor them with your presence, and attention, like you did for Michael and the little girl. Your kindness would be appreciated.

In August, the 143rd month of the conflict, 53 coalition forces based in Afghanistan were killed -- the most in a single month since last September. Of these, five were from New Zealand, five from Australia, three from the UK, one from France, and the rest from the United States -- 50 men and 3 women ranging in age from 20 to 55. Collected below are images from the many ceremonies honoring the return of these 53 fallen soldiers. While the photographs may bear some similarities, keep in mind that each one represents a separate individual life lost in Afghanistan just last month. [41 photos]

Germany's hyperinflation is your future yet to come America

http://www.pbs.org/wgbh/commandingheights/shared/minitext/ess_germanhyperinflation.html

America this is where the Federal Reserve is leading you, and like the Germans, most will be completely unaware until the moment it hits.
Starvation will be the common denominator of the day.
If you continue to stay silent about what the FED is now doing, you will have the unique pleasure of walking back into time and experiencing the daily trials that the Germans were forced to suffer through.
The Great Depression was a Sunday stroll compared to this event and trust me when I say it's not something you want to experience.

Before World War I Germany was a prosperous country, with a gold-backed currency, expanding industry, and world leadership in optics, chemicals, and machinery. The German Mark, the British shilling, the French franc, and the Italian lira all had about equal value, and all were exchanged four or five to the dollar. That was in 1914. In 1923, at the most fevered moment of the German hyperinflation, the exchange rate between the dollar and the Mark was one trillion Marks to one dollar, and a wheelbarrow full of money would not even buy a newspaper. Most Germans were taken by surprise by the financial tornado.

"My father was a lawyer," says Walter Levy, an internationally known German-born oil consultant in New York, "and he had taken out an insurance policy in 1903, and every month he had made the payments faithfully. It was a 20-year policy, and when it came due, he cashed it in and bought a single loaf of bread." The Berlin publisher Leopold Ullstein wrote that an American visitor tipped their cook one dollar. The family convened, and it was decided that a trust fund should be set up in a Berlin bank with the cook as beneficiary, the bank to administer and invest the dollar.

In retrospect, you can trace the steps to hyperinflation, but some of the reasons remain cloudy. Germany abandoned the gold backing of its currency in 1914. The war was expected to be short, so it was financed by government borrowing, not by savings and taxation. In Germany prices doubled between 1914 and 1919.

After four disastrous years Germany had lost the war. Under the Treaty of Versailles it was forced to make a reparations payment in gold-backed Marks, and it was due to lose part of the production of t

The Second Debt Storm

http://finance.yahoo.com/banking-budgeting/article/109547/the-second-debt-storm?mod=bb-budgeting&sec=topStories&pos=4&asset=&ccode=

Oh look someone finally asked the $64,000 question.
And the world's taxpayers seems to be the answer

Who will bail out the countries that bailed out the world's corporations?


The financial crisis never really went away.

The debt mountain that brought down some of the world's biggest banks and dragged the international financial system to the brink of disaster has simply shifted to governments. Now, it's threatening countries around the globe and if left unchecked could rip the very fabric of Europe's economic system and wreck economic recoveries in the U.S., China and Latin America

Germany 'might have to foot entire euro aid bill'

http://www.telegraph.co.uk/expat/expatnews/7710001/Germany-might-have-to-foot-entire-euro-aid-bill.html

Well not the entire bill Germany, the American taxpayer is making a very large contribution through the IMF, and I heard that that figure just got even larger since England said they refused.
And yes you are apt to be held responsible for the entire European sum, because lets face it, it's not logical to expect any of the piigs to be able to come up with their share, since they are the prevailing reason at this point, for the needed bailout.

Germany's opposition Social Democrats (SPD) said on Tuesday they had not decided whether to support a European rescue package for the euro, and warned the country could end up footing the entire cost of the bill.

The package - 440billion euros in guarantees from euro states plus 60billion euros in a European stabilisation fund - includes some 123billion in loan guarantees from Germany, a German government source said on Tuesday.

SPD parliamentary whip Thomas Oppermann told ARD television there were still too many open questions about the plan, which parliament is due to begin debating next week.

"What happens if other countries who get aid from the package drop out? Will the German share increase then?" he said.

The government has said the German share could rise because not all EU member states would have the means to participate.

"In the worst case scenario, the Germans may have to guarantee the 440billion euros alone, and we won't be able to do that," added Oppermann

"We are Europe's fools again!" Germany's biggest selling daily, Bild, said on its front page on Tuesday.

Meanwhile, hedge funds, banks and speculators could do what they wanted on financial markets, Oppermann said.

"A substantial participation of the banks and hedge funds in the costs of the crisis must be arranged," he said.

"Today we'll probably just see a simple authorisation of credit again

EU finance ministers said the International Monetary Fund was expected to contribute 250billion euros to the package, taking the total to 750billion euros, about £642billion

Fight the Derivatives Cancer with a Wall Street Sales Tax, Plus Bans on Hedge Funds, Credit Default Swaps, and Synthetic CDOs

http://tarpley.net/2010/04/25/fight-the-derivatives-cancer-with-a-wall-street-sales-tax-plus-bans-on-hedge-funds-credit-default-swaps-and-synthetic-cdos/

As a country that wishes to maintain our sovereignty we can no longer afford to overlook our own downfall, because it's plainly staring us in the face.
The games of speculation that the rich play behind the curtain place no value on human life. It's all only about the numbers in dollar signs and they create those numbers anyway they can and use our lives to do with as well as to bail them out when they fail. They only live because "WE" let them.
It's time to end this game before it ends all of us. As "the world's people", "WE" owe it to our selves.


The urgent problem raised by all this is the $1.5 quadrillion derivatives bubble. The financial crisis which struck the United States and the world in September and October 2008 was in fact a world a derivatives panic. This panic marked the first phase of a world economic depression caused by derivatives speculation. The second phase of this depression, which is now beginning, can also be attributed in large part to derivatives, since derivatives are the main tool being used in the speculative attacks on Greece, Spain, Portugal, Italy, Ireland, and other nations, building up towards a chaotic collapse of the euro.

Derivatives are the Cause of the World Depression of Our Time
Far from being some arcane or marginal activity, financial derivatives have come to represent the principal business of the financier oligarchy in Wall Street, the City of London, Frankfurt, and other money centers. A concerted effort has been made by politicians and the news media to hide and camouflage the central role played by derivative speculation in the economic disasters of recent years. Journalists and public relations types have done everything possible to avoid even mentioning derivatives, coining phrases like “toxic assets,” “exotic instruments,” and – most notably – “troubled assets,” as in Troubled Assets Relief Program or TARP, aka the monstrous $800 billion bailout of Wall Street speculators which was enacted in October 2008 with the support of Bush, Henry Paulson, John McCain, Sarah Palin, and the Obama Democrats.

44 states lost jobs in April, led by California

http://finance.yahoo.com/news/44-sta...-15328854.html


Forty-four states lost jobs in April, led by California where employers slashed 63,700 positions, as the recession took a further toll on U.S. workers.

Trailing California in over-the-month job losses were: Texas, which saw 39,500 jobs vanish; Michigan, which lost 38,400 jobs; and Ohio, where payrolls fell 25,200, according to a U.S. Labor Department report issued Friday.

California's unemployment rate dipped to 11 percent last month, fifth-highest in the country. Michigan's jobless rate was the highest at 12.9 percent, followed by Oregon at 12 percent, South Carolina at 11.5 percent and Rhode Island at 11.1 percent.

As the recession eats into sales and profits, companies have laid off workers and turned to other cost-cutting measures, such as holding down hours and freezing or trimming pay.

Since the recession began in December 2007, the U.S. has lost a net total of 5.7 million jobs. The nationwide unemployment rate now stands at 8.9 percent, a quarter-century high.

Federal Reserve Chairman Ben Bernanke and some economists hope the pace of layoffs will moderate as the recession eases its grip and likely ends later this year.

But even if employers reduce firings, the nationwide unemployment