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Tyrant Rex Obama Assaults Freedom of The Press and Targets — AP — Fox News Reporters Rosen and Others — Videos

Posted on May 22, 2013. Filed under: American History, Blogroll, Crime, Economics, Education, Federal Government, Foreign Policy, government, government spending, history, Language, Law, liberty, Life, Links, Literacy, media, People, Philosophy, Politics, Public Sector, Rants, Raves, Security, Strategy, Talk Radio, Terrorism, Unemployment, Unions, Video, War, Wisdom | Tags: , , , , , , , , , , , , , , , |

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Chris Hedges: Monitoring of AP Phones a “Terrifying” Step in State Assault on Press Freedom

Obama Worse Than Nixon? Pentagon Papers Attorney Decries AP Phone Probe, Julian Assange Persecution

Bernstein Unloads on White House for AP Scandal

DOJ Probes AP Phone Records – TheBlazeTV – The Glenn Beck Radio Program – 2013.05.14

Eric Holder On AP Phone Records Seizure The Leak Put The American People At Risk

AP Reporter Questions Carney on DOJ AP Scandal: ‘Doesn’t Responsibility Rest With The President?

Judge Andrew Napolitano on the DOJ vs AP

Fox News On James Rosen Targeting

Fox News Targeted By DOJ FNC Reporter Effectively Accused Of A Crime Megyn Kelly

Brit Hume: Chilling Search Of Fox Reporter Shows DOJ Treats News Gathering As Crime

DOJ Targeted Fox Reporter for Espionage

Fox News Targeted By DOJ – Free Press Is Now Under Attack By The Obama Admin – Wake Up America

Judge Napolitano To Shep: Rosen Committed ‘No Crime,’ ‘Absolutely Protected By 1st Amendment’

Report: DOJ seized multiple White House, Fox News records in Rosen ‘investigation’

Over the weekend, the Washington Post reported that the Justice Department’s secretive and sketchy gathering of two months’ worth of Associated Press editors and journalists’ phone records is unfortunately a far cry from a the only freedom-of-the-press-stifling incident coming out of this administration. In 2010, the DOJ also spied on Fox News’ Washington correspondent James Rosen as a supposed co-conspirator in an espionage case for the oh-so-heinous crime of cultivating a State Department source — a.k.a., doing what D.C. journalists regularly and rightly do.

A new report from the New Yorker’s Ryan Lizza, however, reveals more details on the case, and it appears that their specific targeting of James Rosen does not quite cover the extent of the DOJ’s lack of scrupulousness:

The Obama Justice Department has seized the phone records of numbers that are associated with White House staffers and, apparently, with Fox News reporters, according to a document filed on October 13, 2011, in the case of Stephen Jin-Woo Kim, a former State Department contractor accused of violating the Espionage Act for allegedly leaking classified information to James Rosen, a Fox News reporter. Ronald C. Machen, Jr., the U.S. Attorney for the District of Columbia, who is prosecuting the case, has seized records associated with two phone numbers at the White House, at least five numbers associated with Fox News, and one that has the same area code and exchange as Rosen’s personal-cell-phone number (the last four numbers are redacted).

In all, Ronald C. Machen, Jr., the U.S. Attorney for the District of Columbia, has seized records associated with over thirty different phone numbers. In the filing that included the new information, the last four digits of each telephone line targeted by the Obama Administration are redacted. Two of the numbers begin with area code 202 and the exchange 456, which, according to current and former Administration officials, are used exclusively by the White House. (The phone number for the White House switchboard is (202) 456-1414.)

At least five other numbers targeted by the government include the area code 202 and the exchange 824. The phone number for the Fox News Washington bureau, which is publicly available, is (202) 824-0001. Rosen’s work phone number at Fox News begins with the same area code and exchange.

So, it looks like the DOJ had not ‘merely’ been sticking their big, fat nose into Rosen’s personal and professional e-mails/calls/comings and goings, but just higgledy-piggledy been nabbing up records that may-or-may-not have been associated with the ‘case’ — including five separate Fox News phone numbers — all in the attempt to somehow involve investigative reporting in a probe of potentially criminal behavior? Wow, guys. Really crack team you got there. Bang-up job on protecting and respecting the First Amendment, and all that.

The White House Correspondents’ Association, as you might imagine, is getting somewhat concerned about all of the targeting of the press coming out of this administration, because this is quickly turning into a dangerous-looking pattern:

The White House Correspondents’ Association said Tuesday that two recent cases in which the Obama administration went after reporters’ phone and email records show the government may be getting “far too aggressive” in tracking journalists. …

Though no charges were brought against Rosen, the White House Correspondents’ Association said no journalist should even face that threat for doing their jobs.

“Reporters should never be threatened with prosecution for the simple act of doing their jobs,” the WHCA said in a statement Tuesday. “The problem is that in two recent cases, one involving Fox News’ James Rosen and the other focused on the Associated Press, serious questions have been raised about whether our government has gotten far too aggressive in its monitoring of reporters’ movements, phone records, and even personal email.”

http://hotair.com/archives/2013/05/21/report-doj-seized-multiple-white-house-fox-news-records-in-rosen-investigation/

Washington Times Writer: Fox News Scandal Goes ‘Much Deeper,’ W.H. Sitting on Something Top Obama Aides ‘Terrified’ About

Jason Howerton

Washington Times columnist and Drudge Report editor Joseph Curl on Monday said the Obama administration’s developing scandal involving the monitoring of Fox News reporter James Rosen’s email accounts goes “much deeper.”

Citing a “CIA source,” Curl claimed via his official Twitter account that the Fox News scandal was the “4th Shoe” and the White House is sitting on “something” that has top White House aides “terrified.”

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Lois Lerner –Top IRS Official — Took The Fifth Amendment — House and Senate Hearings On IRS Targeting Conservative Groups — Videos

Posted on May 21, 2013. Filed under: American History, Blogroll, Business, Diasters, Economics, Federal Government, Federal Government Budget, Fiscal Policy, government, history, IRS, Language, Law, liberty, Life, Links, People, Politics, Raves, Tax Policy, Taxes, Video, Wealth, Wisdom | Tags: , , , , , , , , , , , , , , , , , , , , , , , |

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Treasury Inspector General

for Tax Administration

Office of Audit

Original Inspector general’s report on the IRS

http://s3.documentcloud.org/documents/700665/treasury-inspector-general-report.pdf

http://www.treasury.gov/tigta/auditreports/2013reports/201310053fr.pdf

Inspector general’s report on the IRS

http://documents.latimes.com/inspector-general-report-irs/

IRS Official Lois Lerner Pleads The Fifth, Dismissed From Scandal Hearing

Glenn Beck – Lois Lerner, IRS dodge questions

Mad at the IRS? Blame It on the Citizens United Supreme Court Decision

The Other IRS Scandal”: David Cay Johnston on Dark Money Political Groups Seeking Tax-Exemption

How Republicans Have Abused 501(c)(4) Applications Since Citizens United

Dan Pfeiffer on IRS Scandal During ‘This Week’ Interview

IRS’s Tea-Party AUDIT: Explaining a 501(c)(3) and 501(c)(4)

IRS in the spotlight: What’s a 501(c)(4)? By Martina Stewart, CNN

Glenn Beck » IRS, ObamaCare, And The White House

Dobson–I Was Targeted By IRS – TheBlazeTV – The Glenn Beck Radio Program – 2013.05.20

Rand Paul Suggests IRS Has ‘Written Policy’ About Targeting People ‘Opposed To The President’

Rand Paul on Benghazi and IRS Targeting of Tea Party Groups – State of the Union 5/19/2013

Paul Ryan Angry Over IRS, Benghazi on Fox News

Obama Has Declared WAR on American Values in IRS Scandal – Fox News Lou Dobbs

Jay Sekulow on Fox News: IRS Hearings Arrogant & Embarrassing

Heller Questions Secretary of the Treasury About IRS Scandal

Senate Finance Committee Hearing On IRS Scandal

C-SPAN Senator Hatch Opening Statement – IRS Hearing

A opening statement at the IRS scandal hearing by U.S. Senator Orrin Hatch (R-Utah), Ranking Member of the Senate Finance Committee.

Senator Hatch questions IRS during hearing

U.S. Senator Orrin Hatch (R-Utah), Ranking Member of the Senate Finance Committee, questions Douglas Shulman, former Commissioner of Internal Revenue, and Steven Miller, outgoing acting IRS Commissioner Tuesday, May 21, 2013, during the IRS scandal hearing.

Thune at Finance on IRS Scandal

Crapo questions the IG for tax administration on the IRS scandal

Senator Roberts’ Remarks at Today’s IRS Scandal Hearing in the Senate Finance Committee

IRS Commissioner: I Orchestrated Planted Q&A On IRS Scandal

House Hearing On IRS Scandal

House hearing on IRS scandal 

HOUSE HEARING ON IRS TARGETING CONSERVATIVE GROUPS PT 1

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HOUSE HEARING ON IRS TARGETING CONSERVATIVE GROUPS PT 18

HOUSE HEARING ON IRS TARGETING CONSERVATIVE GROUPS PT 19

NOT REALLY FIRED YET Steven Miller Outgoing Acting IRS Commissioner

May 17 2013 House Ways and Means Hearing – Steven Miller testifying

IRS HEATED on Capitol Hill: IS THIS STILL AMERICA? Government Threatens average Americans?

IRS Commissioner: Targeting Conservatives is “Absolutely Not Illegal”

News Reports

Luke Russert: IRS Official ‘Winging This’ In Testimony, Saying ‘Hey, I’m The Fall Guy For This’

Jay Sekulow on Fox News: IRS Knew About Tageting Conservative Groups

Background Articles and Videos

How to Assert Your Rights with the Police

David Allen – Does the Fifth Amendment Apply to Tax Preparation Records

In Praise of the 5th Amendment – part 1

In Praise of the 5th Amendment – part 2

In Praise of the 5th Amendment – part 3

In Praise of the 5th Amendment – part 4

In Praise of the 5th Amendment – part 5

Top IRS official will invoke the Fifth Amendment in congressional hearing about  tea party targeting program

By David Martosko

The Los Angeles Times reported Tuesday  afternoon that Lois Lerner, who heads up the Internal Revenue Service’s  tax-exempt division, plans to invoke the Fifth Amendment to the U.S.  Constitution in a hearing Wednesday before the House Committee on Oversight and  Government Affairs.

The Fifth Amendment provides that U.S.  citizens may not be compelled to offer testimony if telling the truth would  incriminate them.

Lerner’s defense lawyer, William W. Taylor  III, wrote to the committee on Tuesday that his client would refuse to answer  questions related to what she knew about the extra levels of scrutiny applied to  conservative nonprofit organizations that applied for tax-exempt status  beginning in 2010.

She also will decline to say why she didn’t  disclose what she knew to Congress, according to the LA  Times.

Lerner ‘has not committed any crime or made  any misrepresentation,’ Taylor’s  letter read, ‘but under the circumstances she  has no choice but to take  this course.’

He is asking the oversight committee to  excuse Lerner from testifying, claiming that calling her in a congressional  hearing would ‘have no purpose other than to embarrass or burden her’ since  members would not expect her to answer questions.

Ahmad Ali, a committee spokesman, told  MailOnline that ‘Ms. Lerner remains under subpoena from Chairman Issa to appear  at tomorrow’s hearing – the Committee has a Constitutional obligation to conduct  oversight.’

‘Chairman [Darrel] Issa remains hopeful that  she will ultimately decide to testify tomorrow about her knowledge of outrageous  IRS targeting of Americans for their political beliefs.’

The IRS applied special criteria to  conservative organizations seeking tax-exempt status, putting them on a ‘Be On  The Lookout’ (BOLO) list, based on the groups’ names and political  philosophies.

President Barack Obama has said he was  unaware of the program until May 10, when excerpts of an IRS Inspector General  Report on the practice were leaked to reporters.

But Jay Carney, the president’s chief  spokesman, confirmed Monday that senior White House staff, including White House  Counsel Kathy Ruemmler and Chief of Staff Denis McDonough, knew about the IRS’s  habits as early as April 24, and chose not to tell Obama.

The Inspector General report found that  Lerner and other IRS were notified in or before June 2011 that some staff in the  agency’s Cincinnati, Ohio office were using ‘tea party,’ ‘patriots’ and other  key words to add applicants to the BOLO list.

Once on that list, the groups were subjected  to additional auditing of their financial practices, their membership and their  political activities.

Despite knowing about the program, Lerner and  other senior IRS staffers withheld the information from Congress despite  receiving several requests from House committees whose members heard from  constituents that their tea party groups’ tax-exempt approvals were taking as  long as two years to be resolved.

The House Oversight and Government Affairs  Committee was among those that specifically asked the IRS whether it was  inspecting tea party groups more closely than other applicants, including those  on the political left.

Lerner herself launched her agency’s scandal  with a planted question-and-answer exchange during a May 10 American Bar  Association conference.

Asked the pre-arranged question, Lerner  responded by conceding that her employees had acted inappropriately.

‘Instead of referring to the cases as  advocacy cases, they actually used case names on this list,’ she told the  assembled tax lawyers.

‘They used names like “tea party” or  “Patriots,” and they selected cases simply because the applications had those  names in the title.That was wrong. That was absolutely incorrect, insensitive,  and inappropriate — that’s not how we go about selecting cases for further  review.’

She later claimed that the increase in  scrutiny of tea party groups was due to an influx of new applications from  right-wing organizations, following the Supreme Court’s ‘Citizens United’  ruling, which opened the floodgates to greater political participation by  nonprofit advocacy groups.

The Washington Post called that claim bogus,  however, with the newspaper’s fact checker awarding it a ‘four Pinocchios’  rating for dishonesty.

Read more:http://www.dailymail.co.uk/news/article-2328696/Lois-Lerner-Top-IRS-official-invoke-Fifth-Amendment-congressional-hearing-tea-party-targeting-program.html

Top IRS official will invoke 5th Amendment

By Richard Simon and Joseph Tanfani May 21, 2013, 1:17 p.m.

WASHINGTON — A top IRS official in the division that reviews nonprofit groups will invoke the 5th Amendment and refuse to answer questions before a House committee investigating the agency’s improper screening of conservative nonprofit groups.

Lois Lerner, the head of the exempt organizations division of the IRS, won’t answer questions about what she knew about the improper screening — or why she didn’t disclose it to Congress, according to a letter from her defense lawyer, William W. Taylor III. Lerner was scheduled to appear before the House Oversight Committee on Wednesday.

“She has not committed any crime or made any misrepresentation but under the circumstances she has no choice but to take this course,” said a letter by Taylor to committee Chairman Darrell Issa (R-Vista). The letter, sent Monday, was obtained Tuesday by the Los Angeles Times.

DOCUMENT: The Inspector General’s report on the IRS

Taylor, a criminal defense attorney from the Washington firm Zuckerman Spaeder, said that the Department of Justice has launched a criminal investigation, and that the House committee has asked Lerner to explain why she provided “false or misleading information” to the committee four times last year.

Since Lerner won’t answer questions, Taylor asked that she be excused from appearing, saying that would “have no purpose other than to embarrass or burden her.” There was no immediate word whether the committee will grant her request.

According to an inspector general’s report, Lerner found out in June 2011 that some staff in the nonprofits division in Cincinnati had used terms such as “Tea Party” and “Patriots” to select some applications for additional screening of their political activities. She ordered changes.

But neither Lerner nor anyone else at the IRS told Congress, even after repeated queries from several committees, including the House Oversight panel, about whether some groups had been singled out unfairly.

http://www.latimes.com/news/politics/la-pn-top-irs-official-fifth-amendment-20130521,0,6645565.story

IRS’s Lois Lerner to take the Fifth

By LAUREN FRENCH and GINGER GIBSON

Embattled IRS official Lois Lerner will invoke her Fifth Amendment right not  to incriminate herself when she appears before the House Oversight Committee on  Wednesday.

In a letter to Oversight Chairman Darrell Issa (R-Calif.), Lerner’s attorney  William W. Taylor III cites the Justice Department’s criminal investigation into  the issue of whether the IRS singled out tea party and other conservative groups  for extra scrutiny.

Embattled IRS official Lois Lerner will invoke her Fifth Amendment right not  to incriminate herself when she appears before the House Oversight Committee on  Wednesday.

In a letter to Oversight Chairman Darrell Issa (R-Calif.), Lerner’s attorney  William W. Taylor III cites the Justice Department’s criminal investigation into  the issue of whether the IRS singled out tea party and other conservative groups  for extra scrutiny.

“Just when you think things can’t get any stranger around here, they take a  twist,” Sen. John Cornyn (R-Texas) told POLITICO, adding, “this is a very  serious matter.”

Taylor’s letter requests that Lerner be excused from testifying, but Issa has  issued a subpoena to compel her appearance.

“Requiring her to appear at the hearing merely to assert her Fifth Amendment  privilege would have no purpose other than to embarrass or burden her,” Taylor  wrote.

Sen. Orrin Hatch (R-Utah) said Lerner’s decision shows she is “afraid” to  face Congress and account for her actions.

The decision to take the fifth is a “slap in the face” to Americans, said  Rep. Vern Buchanan (R-Fla.).

“What’s she hiding?” Buchanan asked. “The American people demand and deserve  answers. Pleading the Fifth is a direct slap in the face of every American  taxpayer betrayed by the IRS’s gross abuse of power.”

Issa has accused Lerner of lying to Congress on four separate occasions last  year. He and Rep. Jim Jordan (R-Ohio) wrote a letter to Lerner last week asking  her to brief the Oversight Committee on the disparities in her comments before  the scandal broke on the criteria used to flag conservative applications for  tax-exempt status.

“It appears that you provided false or misleading information on four  separate occasions last year in response to the Committee’s oversight of the  IRS’s treatment of conservative groups applying for tax exempt status,” Issa and  Jordan wrote.

The California Republican has cast himself as the chief investigator of the  administration and had demanded Lerner’s presence to better understand when the  IRS learned of the extent of the targeting program.

Rep. Elijah Cummings, the top Democrat on the House Oversight Committee, said  he expects Lerner to appear before the panel Wednesday, but had suggested she  may invoke her Fifth Amendment right.

“She might, she very well may,” Cummings told reporters Tuesday afternoon  when asked if she could invoke the Fifth Amendment. “We’ll see when she comes.  She will be there.”

The question was prompted by Cummings correcting himself after saying she  would be testifying on Wednesday.

“She should be testifying. She should be there tomorrow,” Cummings said,  correcting himself. “I expected her to be there.”

Asked whether she could show up and not testify, he said, “I can’t answer  that right now.”

Deputy Treasury Secretary Neal Wolin, former IRS Commissioner Doug Shulman  and J. Russell George, the IRS inspector general who conducted the  investigation, are scheduled to testify.

Taylor has been involved in several high-profile cases in recent years,  including the defense of former IMF President Dominique Strauss-Kahn against  criminal assault charges and leading the team that obtained dismissal of claims  against former NYSE official and Home Depot co-founder Kenneth Langone,  according to the website  of his firm, Zuckerman Spaeder.

He has given over $100,000 to Democratic candidates and causes over the  years, according to Federal Election Commission records. Taylor donated $57,000  to the Obama Victory Fund in 2008 and $10,000 to the Obama Victory Fund 2012  last year.

The Los Angeles Times first reported Lerner’s intention to invoke the Fifth  Amendment.

Read more: http://www.politico.com/story/2013/05/lois-lerner-could-plead-the-fifth-rep-cummings-says-91686.html#ixzz2TyFY25U8

How the IRS seeded the clouds in 2010 for a political deluge three years later

By Zachary A. Goldfarb and Kimberly Kindy,

In early 2010, an Internal Revenue Service team in Cincinnati began noticing a stream of applications from groups with ­political-sounding names, setting in motion a dragnet aimed at ­separating legitimate tax-exempt groups from those working to get candidates elected.

The IRS officials decided to single out one type of political group for particular scrutiny. “These cases involve various local organizations in the Tea Party movement,” read one internal IRS e-mail sent at the time.

A few hours north in Fremont, Ohio, the owners of a drainage supply shop, Tom and Marion Bower, were wondering why it was taking so long to get a tax exemption for their new tea party group.“I didn’t think any of us thought we’d be targeted,” said Marion Bower, of American Patriots Against Government Excess. “We started the group because we wanted to learn about our country and educate people. Now I’m becoming a little paranoid. If they can do this, what else can they do?”Groups such as the Bowers’ were among more than a hundred conservative organizations singled out for extra screening by the IRS, part of an attempt to identify politically active groups not eligible for tax exemptions. The revelations, described in detail last week by the IRS watchdog, have caused a political earthquake — prompting the resignations of two top IRS officials, a criminal investigation and multiple congressional probes, including hearings scheduled for this week.The story of the IRS’s policy of targeting right-leaning groups, which played out over several years in Cincinnati, Washington, and dozens of other cities and towns, was one of a bureaucracy caught in a morass of uncertainty and outside pressure. The actions also confirmed the suspicions of many conservatives after they had complained for years of harassment by the tax agency.According to the inspector general’s report, as IRS officials in Cincinnati tried to decide what to do about the groups — political advocacy organizations seeking what is known as 501 (c)(4) status — they sent out intrusive questionnaires seeking donor lists, copies of meeting minutes and reams of other documents. Applications sat around for months, sometimes years; some organizations ended up folding while awaiting answers that never came.

IRS officials in Cincinnati were ignorant of the law and did not recognize that they should not scrutinize groups solely based on terms such as “tea party,” “patriots” and other conservative-sounding descriptions in their names, the inspector general’s report said. Many liberal-leaning and nonpolitical groups were also caught up in the effort.

At the same time, the IRS faced growing criticism from the outside that it was not doing enough to examine an increasing number of politically active groups seeking tax-exempt status.

“You had a lot of pressure on the IRS to figure out who and what should be a (c)(4) and complaints being filed by groups saying they had erred in granting (c)(4) status,” said Trevor Potter, president of the Campaign Legal Center and a former Federal Elections Commission chairman. “You had (c)(4)s on both the Democratic and Republican side spending a lot on politics. That’s the background of how we got here.”

Rise of the tea party

On July 4, 2009, the Bowers threw a tea party event in a strip mall by their home in Fremont, about 40 miles from Toledo. The speakers’ stage was a flatbed trailer. The pair worried about how big of a crowd they could possibly draw in a town with fewer than 17,000 residents. Then 500 people showed up.

The Bowers decided there was enough interest to start their own nonprofit group and applied to the IRS in December 2009 as a 501(c)(4). The couple held weekly meetings at their shop, inviting local politicians to speak, showing films and discussing books. A woven basket was put out for cash donations, which usually amounted to no more than $15.“We saw we weren’t the only ones worried about things,” Tom Bower said. “Others thought our country was going in the wrong direction.”The desire by the Bowers to form a nonprofit group reflected two broader trends in American politics. First was the rise of the tea party movement — hundreds of local organizations, frustrated by spending in Washington and the growing national debt, whose power would soon be seen in local, state and, in 2010, congressional elections.Second, campaign finance laws were changing. In January 2010, the Supreme Court ruled in Citizens United v. Federal Elections Commission that corporations and unions could spend unlimited funds on elections, setting off a tidal wave of political spending that would wash over the next two election cycles.Nonprofit groups that do not have to pay taxes are supposed to ensure that political activity is not their primary purpose, so evidence that some of the new organizations seeking tax-exempt status were fronts for campaign organizations drew bipartisan interest. Good-government groups started pressuring the IRS to more closely scrutinize applicants. One such group, Democracy 21, wrote a series of letters to the IRS arguing that many of the groups should not receive favored tax status.

“In all of these cases, the groups were claiming (c)(4) status basically for the purpose of hiding their donors,” said Democracy 21 President Fred Wertheimer.

The IRS is not well equipped to make political judgements. Its accountants and lawyers are sticklers and technocrats, trying to enforce the letter of the law. When the law is left vague — as it is for 501(c)(4)s and political advocacy groups — it could take years to come up with clear guidelines.

“Unless there is a higher-up push to get something done and get guidance done, it doesn’t happen,” said Louisiana State University law professor Philip Hackney, who worked in the chief counsel’s office of the IRS from 2006 to 2011.

By late summer 2010, the IRS officials in Cincinnati, part of what was called a “determinations unit,” decided they needed a better way to track the influx of advocacy groups. It had been an informal process before — just e-mails sent out among the team highlighting groups that might need closer scrutiny.

They created a spreadsheet of group names and activities to watch, called a “be on the lookout” list, or BOLO, borrowing jargon used by police. The list soon included 40 groups, including 22 with “tea party” in their names.

The determinations unit wanted to send additional questions to the groups to determine whether they were too involved in political campaigns to receive tax-exempt status. They requested help from headquarters officials in Washington to draft the language of such letters.

But no definitive help was forthcoming, according to the inspector general’s report. Months passed without agreement on what should be asked, frustrating the team in Cincinnati.

Questions, more questionsThe Bowers were frustrated, too. In 2010, they had called the IRS to see what was happening with their application. “They said they were behind but they were getting to it,” Marion Bower said. The same thing happened in the spring of 2011.It took two years from when they applied to get a response. In a letter, the IRS said it wanted copies and recordings of all speeches given at their group’s meetings. They wanted notes and copies of every handout or brochure distributed at all events they organized or participated in. It took three weeks to gather the materials, which amounted to about 80 pages, the Bowers said.Marion Bower told them about films they showed, including the “American Heritage Series,” consisting of 10 DVDs about the early history of the United States recounted by evangelical minister David Barton, and a book the group read about the Founding Fathers, “The 5000 Year Leap.”“They wanted a lot of information, and they wanted it quickly,” Bower said. “Each set of questions had a subset of questions. And none of them were yes or no. But the questions themselves did not seem that outrageous with the first letter.”

A second letter came with dozens of additional questions. The IRS wanted a synopsis of films the group may have shown or books the group may have read. Bower was outraged.

“I’m a 68-year-old woman. I don’t do book reports anymore, and I certainly don’t do them for the IRS,” she said. “I sent them copies of everything, including the book. It’s not a very thick book, and it’s not ‘Mein Kampf,’ for Pete’s sake. They can read it if they want.”

In early March 2012, the group mailed off its second package of documents to the IRS and waited.

As the Bowers’ case dragged on, the IRS determinations unit was stuck in bureaucratic sludge. In June 2011, the Washington official who oversees the unit, Lois G. Lerner, organized a meeting to discuss its work on political advocacy groups. She expressed concerns about the broad reach of the BOLO list.

About 100 groups had made it on the list simply because their names included reference to the “tea party,” “patriots” or “9/12,” a term associated with conservative commentator Glenn Beck. Other criteria included a focus on government spending, debt or taxes; a focus on how to “make America a better place”; or critical comments about how the country is being run.

Lerner asked that the criteria be changed to a more neutral theme — organizations involved in politics, lobbying or advocacy. A “triage” was also conducted, trying to determine which groups actually required scrutiny.

But as Lerner pressed to broaden the criteria, the Cincinnati unit began to send letters out to conservative groups. Some asked for donor information.

Still, the determinations unit was having trouble using the general criteria advocated by Lerner. It decided on an alternative phrasing: “political action type organizations involved in limiting/expanding government, educating on the Constitution and the Bill of Rights, social economic reform/movement.”

At the end of February 2012, Lerner stopped the letters. But it was too late. Conservative groups began complaining, sparking media interest. Lawmakers lodged complaints. In March, eight months before Election Day, the House Oversight and Government Reform Committee contacted the IRS inspector general to ask what was going on.

Throughout 2012, Lerner and other officials were quietly trying to come up with new policies for examining nonprofits. Higher-level officials, including then-IRS Commissioner Douglas H. Shulman, a George W. Bush appointee, and his deputy, career employee Steven T. Miller, became aware of the problems. They instituted new internal rules in an effort to make sure the issues did not recur.

But the IRS did not tell the public or Congress about what was going on. On May 9 of this year, knowing that the inspector general’s report was imminent, Lerner called a member of the IRS’s tax-exempt advisory council. Lerner requested that the council member ask her at a conference the next day about the status of tax-exempt organizations that were facing additional scrutiny.

The next morning, Lerner responded to the planted question, acknowledging that the IRS had improperly scrutinized conservative groups. She apologized. She held a conference call later that day in which she struggled to answer a fusillade of questions from reporters, at one point exclaiming in response to a query about the specific number of groups targeted, “I’m not good at math.”

By Wednesday, Obama had demanded and received Miller’s resignation and appointed a new acting IRS commissioner, Daniel Werfel, a budget adviser who has served in Republican and Democrat administrations.

On Friday, Miller was testifying on Capitol Hill, at the first in a series of hearings scheduled for coming weeks. Miller said that the IRS was guilty of “horrible customer service” but that its motives were not political.↓

Marion Bower was in the audience. “I really didn’t want to come,” she said. “But what they did was wrong. I felt it was time for me to speak up so this doesn’t happen again to someone else.”

http://www.washingtonpost.com/politics/how-the-irs-seeded-the-clouds-in-2010-for-a-political-deluge-three-years-later/2013/05/19/b707d940-bf10-11e2-97d4-a479289a31f9_story.html

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Sarah Hall Ingram Deputy Commissioner of the Tax Exempt/Government Entities Division (TE/GE) Targeted Tea Party — Now In Charge of IRS Health Care Office — Mission Accomplished Got $100,000 bonuses between 2009 and 2012 — Got Obama Elected President! — Videos

Posted on May 16, 2013. Filed under: American History, Banking, Blogroll, Business, College, Communications, Constitution, Economics, Education, Employment, Federal Government Budget, Fiscal Policy, government, government spending, history, IRS, Law, liberty, Life, Links, Microeconomics, Monetary Policy, Money, People, Philosophy, Politics, Rants, Raves, Security, Talk Radio, Tax Policy, Taxes, Video, Wealth, Wisdom | Tags: , , , , , |

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NAACP’s Leader Calls The Tea Party The Taliban Wing Of American Politics

Rand Paul Discusses IRS Scandal & Enemies List on Hannity – 5/13/13

Sarah Hall Ingram promoted to Obamacare boss!

Paul Ryan Rips The IRS On Fox News Sunday

Krauthammer Reacts To Trio Of Political Scandals Surrounding Obama Administration

May 16 Press Conference, Question on IRS scandal asked of the president, not answered

The I.R.S. Takes Aim at the Tea Party (David Keating)

The I.R.S. Abusing Americans Is Nothing New

The I.R.S. targeting of tea party groups in the United States is par for the course. It’s not the first time the agency has been used for partisan political ends. Whether or not the targeting was undertaken as a directive from the White House, the agency’s broad latitude in determining what constitutes partisan political activity is very problematic. The solutions offered by campaign finance reformers would unfortunately only give the agency more power.

Scarborough, Willie Geist Tear Into Obama Admin Over IRS Scandal ‘This Is Tyranny…’

Jon Stewart Destroys Obama Over IRS Scandal & Lack Of ‘Managerial Competence’

IRS chief: Disclosure of targeting was intentional 

Lois Lerner, IRS Official: I’m Not Good At Math

IRS Scandal: Lois Lerner In her own words 

Who knew what and when at the IRS?

Obama’s Enemies List 2.0 

PAUL RYAN Destroys IRS Commissioner Steven Miller at House Hearing

You are a conspiracy theorist if you blame Obama.

Obama’s 3 Major Scandals Explained

White House aide: ‘Nothing that suggests’ IRS official at center of scandal ‘did anything wrong’

By Ben Wolfgang

The Washington Times

A besieged White House dug in its heels Sunday and defended figures at the center of the unfolding Internal Revenue Service scandal while reiterating that President Obama knew nothing of the misdeeds inside the agency.

White House senior adviser Dan Pfeiffer, appearing on four Sunday morning political talk shows, offered strong support for Sarah Hall Ingram, who led the agency’s tax-exempt division as it admittedly targeted conservative groups. She recently was promoted to chief of the health care reform office, tasked with implementing “Obamacare.”

Critics of the administration expect many more heads to roll as the true scope and intent of the IRS actions come to light, but Mr. Pfeiffer on Sunday strongly defended Ms. Ingram.

“No one has suggested that she did anything wrong yet,” Mr. Pfeiffer said on “Fox News Sunday.”

“Before everyone in this town convicts this person in the court of public opinion with no evidence, let’s actually get the facts and make decisions after that. There’s nothing that suggests she did anything wrong,” he said.

Mr. Pfeiffer added that a top-down investigation of the IRS will examine Ms. Ingram’s 2009 to 2012 tenure as head of the tax-exempt division.

Other IRS authorities have paid the price for what officials on both sides of the aisle, along with a host of others, have described as outrageous behavior. Steven Miller, former acting IRS commissioner questioned by Congress last week, was pushed out by the president.

Ms. Ingram’s replacement, Joseph Grant, has announced his retirement despite taking the job only a few weeks ago.

By keeping Ms. Ingram in place — and giving her the controls of something as complex and controversial as Obamacare — the administration is adding fuel to an already raging fire.

Republicans and many others were skeptical of the federal government and its competence to implement health care reform, and Ms. Ingram’s involvement only generates more questions.

Many Republicans also say that when the smoke clears, the American public will learn that it was not merely rogue IRS employees who targeted tea party and other conservative groups. Rather, they argue, there was a policy directive to silence critics of the president, and some higher-level figure, whether it was Ms. Ingram or someone else, had to have been involved.

“I think we’re going to find that there’s a written policy that says we were targeting people who were opposed to the president. I can’t believe that one rogue agent started this. It seems to be too widespread,” said Sen. Rand Paul, Kentucky Republican and potential 2016 presidential candidate.

His Republican colleague Sen. John Cornyn of Texas agreed that there must be more to the story.

“Bureaucrats don’t take risks unless they have a signal, either explicit or implicit, from their higher-ups that what you’re doing is exactly what we expect you to do,” he said during an interview on CBS’ “Face the Nation.” “I have a very hard time believing that this was something cooked up in Cincinnati by midlevel employees.”

Rep. Paul Ryan, Wisconsin Republican, called the situation “rotten to the core” and said the IRS ordeal gives the American people a chance to truly see “big government in practice.”

Many of the president’s fellow Democrats are fighting back on a different front. There is no defending the targeting of Americans based on political belief, but lawmakers increasingly are raising the broader issue of whether so many groups should be granted tax-exempt status.

“There’s a second scandal here, and that is that hundreds of millions have been used [by tax-exempt groups] that are supposed to be used as nonprofit social welfare entities for political purposes” said Sen. Robert Menendez, New Jersey Democrat, speaking on ABC’s “This Week.”

Rep. Charles B. Rangel, New York Democrat, argued that IRS employees couldn’t have understood the complex laws governing which groups can be considered tax-exempt or how politically active they can be before they cross the line.

“This law lends itself to abuse,” he said, also appearing on ABC. “I don’t think that gang in Cincinnati had the slightest clue as to find out whether or not people making contributions were involved in politics or whether they were involved in social welfare.”

IRS Official in Charge During Tea Party Targeting Now Runs Health Care Office

By John Parkinson and Steven Portnoy

The Internal Revenue Service official in charge of the tax-exempt organizations at the time when the unit targeted tea party groups now runs the IRS office responsible for the health care legislation.

Sarah Hall Ingram served as commissioner of the office responsible for tax-exempt organizations between 2009 and 2012. But Ingram has since left that part of the IRS and is now the director of the IRS’ Affordable Care Act office, the IRS confirmed to ABC News today.

Her successor, Joseph Grant, is taking the fall for misdeeds at the scandal-plagued unit between 2010 and 2012. During at least part of that time, Grant served as deputy commissioner of the tax-exempt unit.

Grant announced today that he would retire June 3, despite being appointed as commissioner of the tax-exempt office May 8, a week ago.

As the House voted to fully repeal the Affordable Care Act Thursday evening, House Speaker John Boehner expressed “serious concerns” that the IRS is empowered as the law’s chief enforcer.

“Fully repealing ObamaCare will help us build a stronger, healthier economy, and will clear the way for patient-centered reforms that lower health care costs and protect jobs,” Boehner, R-Ohio, said.

“Obamacare empowers the agency that just violated the public’s trust by secretly targeting conservative groups,” Rep. Marlin Stutzman, R-Ind., added. “Even by Washington’s standards, that’s unacceptable.”

Sen. John Cornyn even introduced a bill, the “Keep the IRS Off Your Health Care Act of 2013,” which would prohibit the Secretary of the Treasury, or any delegate, including the IRS, from enforcing the Affordable Care Act.

“Now more than ever, we need to prevent the IRS from having any role in Americans’ health care,” Cornyn, R-Texas, stated. “I do not support Obamacare, and after the events of last week, I cannot support giving the IRS any more responsibility or taxpayer dollars to implement a broken law.”

Senate Minority Leader Mitch McConnell also reacted to the revelation late Thursday, stating the news was “stunning, just stunning.”

ABC News’ Abby D. Phillip contributed to this report.

http://abcnews.go.com/blogs/politics/2013/05/irs-official-in-charge-during-tea-party-targeting-now-runs-health-care-office/

Who Is Sarah Hall Ingram?

IRS Commissioner Ingram on Nonprofit Governance

June, 2009 –Sarah Hall Ingram, the new commissioner of the IRS TE/GE (Tax-exempt and Government Entities) division of the IRS, spoke on June 23 at Georgetown’s Continuing Legal Education program about the IRS role in nonprofit governance. In the speech, Ingram identified four general principles that she believes are essential to good nonprofit governance:

A foundational principle is that the organization should clearly understand and publicly express its mission. This helps assure that the organization provides a public benefit and does not drift away from a charitable purpose. It helps an organization avoid practices that are inconsistent with tax-exempt status.
Equally important is the principle that the organization’s board should be engaged, informed and independent. The board should have real responsibility and authority. It must, for example, be able to implement, in the life of the organization, the rules against inurement and self-dealing.
Another set of key good governance principles are those relating to the proper use and safeguarding of assets. These principles are supported by policies and practices that address executive compensation, that protect against conflicts of interest, and that support independent financial reviews.
Transparency is another key principle. I believe that board decisions should be reflected in minutes, that records supporting decisions should be retained for reasonable periods, that whistleblowers should be protected, and that each year’s Form 990 should be complete, accurate and prepared in good faith.

Ingram insisted that the IRS would not create a “one size fits all” definition of governance, but strongly reaffirmed the IRS’s role in governance issues: “Another principle I will follow is that the IRS has a clear, unambiguous role to play in governance.”   While I have some doubts about the extent to which the IRS should be active in governance matters, it is hard to argue with Ingram’s view that certain core exemption issues (executive pay, other private inurement, political activity, etc.) do involve governance processes.  It will be interesting to see how the IRS’s role in governance evolves under Ingram’s leadership.

To read Commissioner Ingram’s full address go to http://www.irs.gov/pub/irs-tege/ingram__gtown__governance_062309.pdf

http://www.mapfornonprofits.org/index.asp?Type=B_BASIC&SEC={136E71A8-5197-4841-B935-541944239E23}

IRS Announces Appointment of Sarah Hall Ingram as Chief, Appeals

IR-2006-59, April 11, 2006

WASHINGTON — The Internal Revenue Service today announced that Sarah Hall Ingram has been appointed to the position of Chief, Appeals. Ingram will replace David Robison, effective May 7.

As the head of the agency’s Appeals division, Ingram will be responsible for overseeing the operations of an administrative forum for taxpayers contesting an IRS compliance action. The Appeals mission is to resolve tax disputes without litigation; it provides an independent administrative appeal process for all taxpayers.

“I’m pleased Sarah Hall Ingram will be stepping into the position of Chief, Appeals,” said IRS Commissioner Mark W. Everson. “Her broad legal and technical experience will serve the IRS well as she assumes this important post.”

Since July 2004, Ingram has been serving as Deputy Commissioner of the Tax Exempt/Government Entities Division (TE/GE). Ingram began her career with the IRS in the former Tax Litigation Division in 1982. She became Employee Plans Litigation Counsel in 1987, providing litigation coordination nationwide for employee benefit cases. In 1992, Ingram became Deputy Associate Chief Counsel, Employee Benefits and Exempt Organizations (EBEO), where she served until her 1994 appointment as Associate Chief Counsel, EBEO. As part of the IRS Modernization program, Ingram was appointed in 1999 to the new position of Division Counsel/Associate Chief Counsel, TE/GE, where she was responsible for providing legal services to the TE/GE Division and its customers as well as other parts of the IRS.

Ingram received her Bachelor of Arts from Yale University in 1979 and her J.D. in 1982 from Georgetown University Law School. She is a member of the District of Columbia Bar.

Everson also expressed his thanks to Robison, who will retire May 6, after serving 35 years with the IRS.

“David’s service as the Chief, Appeals, for the past four years has been exemplary,” Everson said. “We wish him well in his future endeavors.”

Previously, Robison served in numerous positions involving corporate and international taxation. Last year Robison was selected by Everson to coordinate IRS support for President Bush’s Tax Reform Panel.

http://www.irs.gov/uac/IRS-Announces-Appointment-of-Sarah-Hall-Ingram-as-Chief,-Appeals

IRS targets conservative groups

By Dan Keating and Darla Cameron, Published: May 15, 2013

The IRS grants tax-exempt status to 40,000 nonprofit groups per year. When the IRS began targeting conservative groups’ applications in 2011, nonprofit approvals for groups with tea party or 9-12 in their name stopped entirely. Five groups with those names had been approved in 2009 and 2010, but zero were approved in 2011. After policy reconsideration in 2012, the backlog was broken and 27 groups were approved, mostly in the second half of the year.

The slowdown was evident with other conservative-sounding groups, as well. Thirty-seven groups with the words patriot or constitution had been approved in 2009 and 2010, but only 10 were approved in 2011. Once again, the backlog was relieved in 2012 with 29 approvals.

On the other hand, groups with the word progressive in their names suffered no similar slowdown pattern. The number of approvals increased each year from 17 in 2009 to 20 in 2012. Read related article.

Republicans Expand I.R.S. Inquiry, With Eye on White House

Congressional Republicans, not resting with the Internal Revenue Service scandal, are moving to broaden the matter to an array of tax malfeasances and “intimidation tactics” they hope will ensnare the White House.

Republican charges range from clearly questionable actions to seemingly specious allegations, and they grow by the day. On Friday, lawmakers sought to tie the I.R.S. matter to the carrying out of President Obama’s health care law, which will rely heavily on the agency. Whether they succeed holds significant ramifications for Mr. Obama, who will soon know if he is dealing with a late spring thunderstorm that may soon blow over or a consuming squall that will leave lasting damage.

Representative Dave Camp, Republican of Michigan, the usually mild-mannered chairman of the House Ways and Means Committee, set the tone Friday at Congress’s first hearing on the targeting of conservative groups by the I.R.S., laying out details, from the alleged threatening of donors to conservative nonprofit groups to the leaking of confidential I.R.S. documents.

In that context, he said, the screening of Tea Party groups for special scrutiny was not the scandal itself but “just the latest example of a culture of cover-ups — and political intimidation — in this administration.”

“It seems like the truth is hidden from the American people just long enough to make it through an election,” Mr. Camp said.

Taken aback, the ranking Democrat on the committee, Representative Sander M. Levin of Michigan, modified his prepared remarks to warn, “If this hearing becomes essentially a bootstrap to continue the campaign of 2012 and to prepare for 2014, we will be making a very, very serious mistake.”

Republicans raised a long list of issues. Mr. Camp contended, for instance, that a White House official’s divulging of a private company’s tax status constituted “a clear intimidation tactic.” The 2010 incident involved an offhand comment by the White House economist Austan Goolsbee that Koch Industries had not paid corporate income taxes because it pays taxes through the personal income tax code. As it turned out, that was not true, but the assertion was made in a discussion of tax reform ideas, not politics.

The Republicans also criticized the publication of donors to the National Organization for Marriage, a group opposed to same-sex marriage. That donors list surfaced mysteriously in March 2012 from a whistle-blower whose identity is still unknown. The whistle-blower apparently obtained it by simply requesting it from the I.R.S.

Linkage to the health care law came through Sarah Hall Ingram, a longtime I.R.S. official who has headed the agency’s program to carry out the Affordable Care Act since December 2010. Before that, she led the I.R.S.’s tax-exempt and government-entities division, which contained the political targeting effort.

“This is an audit, and it’s helpful,” Representative Tim Griffin, Republican of Arkansas, said of the investigation of I.R.S. targeting by the Treasury inspector general for tax administration, “but it’s the tip of the iceberg.”

But the inspector general made clear that effort did not reach the attention of high-level I.R.S. officials until 2011 at the earliest.

The inspector general gave Republicans some fodder Friday when he divulged that he informed the Treasury’s general counsel he was auditing the I.R.S.’s screening of politically active groups seeking tax exemptions on June 4, 2012. He told Deputy Treasury Secretary Neal Wolin “shortly after,” he said. That meant Obama administration officials were aware of the matter during the presidential campaign year.

The disclosure last summer came as part of a routine briefing of the investigations that the inspector general would be conducting in the coming year, and he did not tell the officials of his conclusions that the targeting had been improper, he said.

Treasury officials stressed they did not know the results until March 2013, when the inspector presented a draft.

“Treasury strongly supports the independent oversight of its three inspectors general, and it does not interfere in ongoing I.G. audits,” the department said in a statement Friday evening.

Still, Inspector General J. Russell George’s testimony fueled efforts by Congressional Republicans to ensnare Mr. Obama in the scandals suddenly swirling over the White House. Representative Paul D. Ryan, the Wisconsin Republican who joined the national ticket as the vice-presidential nominee last year, said of the revelation, “That raises a big question.”

Republicans hit hard on the divulging of confidential tax information, hinting of intimidation not only by the I.R.S. but also by the White House.

In March 2012, the Human Rights Campaign and The Huffington Post made public confidential tax documents from the National Organization for Marriage. The Human Rights Campaign said it obtained the documents from a “whistle-blower” who mailed them to the gay rights group’s Washington headquarters.

In a similar incident, ProPublica, an investigative journalism Web site, asked the I.R.S.’s Cincinnati office for the applications of 67 nonprofits, both liberal and conservative. When the I.R.S. responded, it inadvertently included applications for nine conservative groups that had not yet been granted tax-exempt status, a violation of confidentiality law.

When ProPublica realized what it had — including the application from Crossroads GPS, the conservative group founded by Karl Rove and other Republican strategists — it alerted the I.R.S., which warned the journalists that “publishing unauthorized returns or return information was a felony” punishable by up to five years in prison. ProPublica ProPublica redacted certain details and published the documents anyway.

Representative Peter Roskam, Republican of Illinois, hit on a different explanation. “On the one hand, you’re arguing today that the I.R.S. is not corrupt, but the subtext of that is you’re saying, ‘Look, we’re just incompetent,’ ” Mr. Roskam said. “It is a perilous pathway to go down.”

One release that turned out to be advertent was last Friday’s disclosure of the agency’s conservative targeting. Steven Miller, the ousted acting commissioner of the I.R.S., confessed that the agency’s apology was prompted by a question planted by the agency at an American Bar Association meeting. At that meeting, Lois Lerner, the head of the I.R.S.’s division overseeing tax-exempt organizations, was asked about an inquiry into the targeting issue, eliciting an apology that quickly leaked out of the closed-door session. The I.R.S. then scrambled to issue a formal release on the issue.

Mr. Miller divulged that the exchange was not an impromptu apology but a planned exchange between Ms. Lerner and Celia Roady, a tax lawyer at the Washington office of the Morgan Lewis law firm. That revelation only underscored the ham-handed way the scandal has burst into view.

Under fire, Mr. Miller called the agency’s targeting of conservative groups “obnoxious,” but he told the House Ways and Means Committee it was not motivated by partisanship. And in testy exchanges, he said he had not misled Congress, even though he did not divulge the targeting efforts of a Cincinnati unit examining 70,000 applications for tax exemption.

He called the group’s centralization of applications from groups with names that included the words “Tea Party” or “patriots” simply “foolish mistakes” that “were made by people trying to be more efficient in their workload selection.”

http://www.nytimes.com/2013/05/18/us/politics/irs-scandal-congressional-hearings.html?pagewanted=2&_r=3&hp

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Obama’s CIA Covert Action Operations Provides Arms and Death Squads From Benghazi, Libya to Syria — Graphic Video of Executions — The Consequences of Obama’s Responsibility To Protect Foreign Policy — Sharia Law At Work — World War III? — Video

Posted on May 16, 2013. Filed under: American History, Blogroll, Business, College, Communications, Economics, Education, Federal Government, Foreign Policy, government, government spending, history, Investments, Islam, Law, liberty, Life, Links, People, Philosophy, Rants, Raves, Religion, Strategy, Talk Radio, Terrorism, Video, War, Weapons | Tags: , , , , , , , , , , , , , , , , , , , , , , , , , |

Syrian_Reblels_Execution

First They Killed Four Americans In Benghazi, Libya–Now They Are Killing Syrians

 The Muslim Brotherhood and Al-Qaeda At Work

FSA Alqaeda Terrorists execute 28 Syrian prisoners

Syrian Rebels Burning Whole Village in Daraa | Syria War

Ron Paul Stop Giving Weapons To Terrorist Rebels In Syria

SYRIA CNBC: Benghazi Is Not About Libya But An Operation To Put Arms & Men In Syria

Retired Lt. Gen. Jerry Boykin suspects US Was Running Guns To Syrian Rebels Via Benghazi

SYRIA Geraldo Rivera: My Sources Say The US Running Libya Arms To Syrian Rebels

SYRIA Rand Paul “Maybe We Were Facilitating Arms Leaving Libya Going Through Turkey Into Syria”

Rand Paul asks Hillary Clinton About Involvement in Transferring Weapons to Turkey out of Libya

Benghazi-Gate: Connection between CIA and al-Qaeda in Libya and Syria, with Turkey’s Help

FMR CIA Chief on ‘Benghazi-Gate’: “The Democrats Are Very Good At Watching People Die”

‘Benghazi: The Definitive Report’ 02/19/13

Special Report investigates: DEATH AND DECEIT IN BENGHAZI w/Bret Baier 10/19/2012

 

The Project parts 1-2, FULL video

(1/2) Glenn Beck – Muslim Brotherhood

(2/2) Glenn Beck – Muslim Brotherhood

Glenn Beck: Shariah, the Muslim Brotherhood & the Threat to America

Frank Gaffney and Gen. Jerry Boykin join Erick Stakelbeck and Glenn Beck on GBTV to discuss the rise of the new caliphate and creeping shariah. Boykin and Gaffney are authors of Shariah: The Threat to America, available here: http://www.amazon.com/Shariah-America…

Barack Obama and the Muslim Brotherhood

Al Qaeda’s Nusra Front Now Dominant Partner in “Free Syrian Army”

Al Qaeda’s Nusra Front Now Dominant Partner in “Free Syrian Army”; Kerry Sends Death Squad Expert Ambassador Ford to Support Gen. Idriss, CIA’s New Golden Boy

The Middle East ‘CIA death squads behind Syria bloodbath’

SYRIAN CRISIS: 95% of REBEL fighters NOT Syrian! FM accuses WEST of supporting TERRORISM! [WW3]

SYRIAN WAR OUTCOME [CrossTalk]

BBC HARDtalk – Joseph Nye – Former US Assistant Secretary of Defense (13/5/13)

Arms Airlift to Syria Rebels Expands, With Aid From C.I.A.

By C. J. CHIVERS and ERIC SCHMITT

With help from the C.I.A., Arab governments and Turkey have sharply increased their military aid to Syria’s opposition fighters in recent months, expanding a secret airlift of arms and equipment for the uprising against President Bashar al-Assad, according to air traffic data, interviews with officials in several countries and the accounts of rebel commanders.

The airlift, which began on a small scale in early 2012 and continued intermittently through last fall, expanded into a steady and much heavier flow late last year, the data shows. It has grown to include more than 160 military cargo flights by Jordanian, Saudi and Qatari military-style cargo planes landing at Esenboga Airport near Ankara, and, to a lesser degree, at other Turkish and Jordanian airports.

As it evolved, the airlift correlated with shifts in the war within Syria, as rebels drove Syria’s army from territory by the middle of last year. And even as the Obama administration has publicly refused to give more than “nonlethal” aid to the rebels, the involvement of the C.I.A. in the arms shipments — albeit mostly in a consultative role, American officials say — has shown that the United States is more willing to help its Arab allies support the lethal side of the civil war.

From offices at secret locations, American intelligence officers have helped the Arab governments shop for weapons, including a large procurement from Croatia, and have vetted rebel commanders and groups to determine who should receive the weapons as they arrive, according to American officials speaking on the condition of anonymity. The C.I.A. declined to comment on the shipments or its role in them.

The shipments also highlight the competition for Syria’s future between Sunni Muslim states and Iran, the Shiite theocracy that remains Mr. Assad’s main ally. Secretary of State John Kerry pressed Iraq on Sunday to do more to halt Iranian arms shipments through its airspace; he did so even as the most recent military cargo flight from Qatar for the rebels landed at Esenboga early Sunday night.

Syrian opposition figures and some American lawmakers and officials have argued that Russian and Iranian arms shipments to support Mr. Assad’s government have made arming the rebels more necessary.

Most of the cargo flights have occurred since November, after the presidential election in the United States and as the Turkish and Arab governments grew more frustrated by the rebels’ slow progress against Mr. Assad’s well-equipped military. The flights also became more frequent as the humanitarian crisis inside Syria deepened in the winter and cascades of refugees crossed into neighboring countries.

The Turkish government has had oversight over much of the program, down to affixing transponders to trucks ferrying the military goods through Turkey so it might monitor shipments as they move by land into Syria, officials said. The scale of shipments was very large, according to officials familiar with the pipeline and to an arms-trafficking investigator who assembled data on the cargo planes involved.

“A conservative estimate of the payload of these flights would be 3,500 tons of military equipment,” said Hugh Griffiths, of the Stockholm International Peace Research Institute, who monitors illicit arms transfers.

“The intensity and frequency of these flights,” he added, are “suggestive of a well-planned and coordinated clandestine military logistics operation.”

Although rebel commanders and the data indicate that Qatar and Saudi Arabia had been shipping military materials via Turkey to the opposition since early and late 2012, respectively, a major hurdle was removed late last fall after the Turkish government agreed to allow the pace of air shipments to accelerate, officials said.

Simultaneously, arms and equipment were being purchased by Saudi Arabia in Croatia and flown to Jordan on Jordanian cargo planes for rebels working in southern Syria and for retransfer to Turkey for rebels groups operating from there, several officials said.

These multiple logistics streams throughout the winter formed what one former American official who was briefed on the program called “a cataract of weaponry.”

American officials, rebel commanders and a Turkish opposition politician have described the Arab roles as an open secret, but have also said the program is freighted with risk, including the possibility of drawing Turkey or Jordan actively into the war and of provoking military action by Iran.

Still, rebel commanders have criticized the shipments as insufficient, saying the quantities of weapons they receive are too small and the types too light to fight Mr. Assad’s military effectively. They also accused those distributing the weapons of being parsimonious or corrupt.

“The outside countries give us weapons and bullets little by little,” said Abdel Rahman Ayachi, a commander in Soquor al-Sham, an Islamist fighting group in northern Syria.

He made a gesture as if switching on and off a tap. “They open and they close the way to the bullets like water,” he said.

Two other commanders, Hassan Aboud of Soquor al-Sham and Abu Ayman of Ahrar al-Sham, another Islamist group, said that whoever was vetting which groups receive the weapons was doing an inadequate job.

“There are fake Free Syrian Army brigades claiming to be revolutionaries, and when they get the weapons they sell them in trade,” Mr. Aboud said.

The former American official noted that the size of the shipments and the degree of distributions are voluminous.

“People hear the amounts flowing in, and it is huge,” he said. “But they burn through a million rounds of ammo in two weeks.”

A Tentative Start

The airlift to Syrian rebels began slowly. On Jan. 3, 2012, months after the crackdown by the Alawite-led government against antigovernment demonstrators had morphed into a military campaign, a pair of Qatar Emiri Air Force C-130 transport aircraft touched down in Istanbul, according to air traffic data.

They were a vanguard.

Weeks later, the Syrian Army besieged Homs, Syria’s third largest city. Artillery and tanks pounded neighborhoods. Ground forces moved in.

Across the country, the army and loyalist militias were trying to stamp out the rebellion with force — further infuriating Syria’s Sunni Arab majority, which was severely outgunned. The rebels called for international help, and more weapons.

By late midspring the first stream of cargo flights from an Arab state began, according to air traffic data and information from plane spotters.

On a string of nights from April 26 through May 4, a Qatari Air Force C-17 — a huge American-made cargo plane — made six landings in Turkey, at Esenboga Airport. By Aug. 8 the Qataris had made 14 more cargo flights. All came from Al Udeid Air Base in Qatar, a hub for American military logistics in the Middle East.

Qatar has denied providing any arms to the rebels. A Qatari official, who requested anonymity, said Qatar has shipped in only what he called nonlethal aid. He declined to answer further questions. It is not clear whether Qatar has purchased and supplied the arms alone or is also providing air transportation service for other donors. But American and other Western officials, and rebel commanders, have said Qatar has been an active arms supplier — so much so that the United States became concerned about some of the Islamist groups that Qatar has armed.

The Qatari flights aligned with the tide-turning military campaign by rebel forces in the northern province of Idlib, as their campaign of ambushes, roadside bombs and attacks on isolated outposts began driving Mr. Assad’s military and supporting militias from parts of the countryside.

As flights continued into the summer, the rebels also opened an offensive in that city — a battle that soon bogged down.

The former American official said David H. Petraeus, the C.I.A. director until November, had been instrumental in helping to get this aviation network moving and had prodded various countries to work together on it. Mr. Petraeus did not return multiple e-mails asking for comment.

The American government became involved, the former American official said, in part because there was a sense that other states would arm the rebels anyhow. The C.I.A. role in facilitating the shipments, he said, gave the United States a degree of influence over the process, including trying to steer weapons away from Islamist groups and persuading donors to withhold portable antiaircraft missiles that might be used in future terrorist attacks on civilian aircraft.

American officials have confirmed that senior White House officials were regularly briefed on the shipments. “These countries were going to do it one way or another,” the former official said. “They weren’t asking for a ‘Mother, may I?’ from us. But if we could help them in certain ways, they’d appreciate that.”

Through the fall, the Qatari Air Force cargo fleet became even more busy, running flights almost every other day in October. But the rebels were clamoring for even more weapons, continuing to assert that they lacked the firepower to fight a military armed with tanks, artillery, multiple rocket launchers and aircraft.

Many were also complaining, saying they were hearing from arms donors that the Obama administration was limiting their supplies and blocking the distribution of the antiaircraft and anti-armor weapons they most sought. These complaints continue.

“Arming or not arming, lethal or nonlethal — it all depends on what America says,” said Mohammed Abu Ahmed, who leads a band of anti-Assad fighters in Idlib Province.

The Breakout

Soon, other players joined the airlift: In November, three Royal Jordanian Air Force C-130s landed in Esenboga, in a hint at what would become a stepped-up Jordanian and Saudi role.

Within three weeks, two other Jordanian cargo planes began making a round-trip run between Amman, the capital of Jordan, and Zagreb, the capital of Croatia, where, officials from several countries said, the aircraft were picking up a large Saudi purchase of infantry arms from a Croatian-controlled stockpile.

The first flight returned to Amman on Dec. 15, according to intercepts of a transponder from one of the aircraft recorded by a plane spotter in Cyprus and air traffic control data from an aviation official in the region.

In all, records show that two Jordanian Ilyushins bearing the logo of the Jordanian International Air Cargo firm but flying under Jordanian military call signs made a combined 36 round-trip flights between Amman and Croatia from December through February. The same two planes made five flights between Amman and Turkey this January.

As the Jordanian flights were under way, the Qatari flights continued and the Royal Saudi Air Force began a busy schedule, too — making at least 30 C-130 flights into Esenboga from mid-February to early March this year, according to flight data provided by a regional air traffic control official.

Several of the Saudi flights were spotted coming and going at Ankara by civilians, who alerted opposition politicians in Turkey.

“The use of Turkish airspace at such a critical time, with the conflict in Syria across our borders, and by foreign planes from countries that are known to be central to the conflict, defines Turkey as a party in the conflict,” said Attilla Kart, a member of the Turkish Parliament from the C.H.P. opposition party, who confirmed details about several Saudi shipments. “The government has the responsibility to respond to these claims.”

Turkish and Saudi Arabian officials declined to discuss the flights or any arms transfers. The Turkish government has not officially approved military aid to Syrian rebels.

Croatia and Jordan both denied any role in moving arms to the Syrian rebels. Jordanian aviation officials went so far as to insist that no cargo flights occurred.

The director of cargo for Jordanian International Air Cargo, Muhammad Jubour, insisted on March 7 that his firm had no knowledge of any flights to or from Croatia.

“This is all lies,” he said. “We never did any such thing.”

A regional air traffic official who has been researching the flights confirmed the flight data, and offered an explanation. “Jordanian International Air Cargo,” the official said, “is a front company for Jordan’s air force.”

After being informed of the air-traffic control and transponder data that showed the plane’s routes, Mr. Jubour, from the cargo company, claimed that his firm did not own any Ilyushin cargo planes.

Asked why his employer’s Web site still displayed images of two Ilyushin-76MFs and text claiming they were part of the company fleet, Mr. Jubour had no immediate reply. That night the company’s Web site was taken down.

Reporting was contributed by Robert F. Worth from Washington and Istanbul; Dan Bilefsky from Paris; and Sebnem Arsu from Istanbul and Ankara, Turkey.

A version of this article appeared in print on March 25, 2013, on page A1 of the New York edition with the headline: Airlift To Rebels In Syria Expands With C.I.A.’S Help.

http://www.nytimes.com/2013/03/25/world/middleeast/arms-airlift-to-syrian-rebels-expands-with-cia-aid.html?pagewanted=all&_r=0

Muslim Brotherhood

The Society of the Muslim Brothers  (Arabic: جماعة الإخوان المسلمين‎, often simply: الإخوان المسلمون, the Muslim Brotherhood, transliterated: al-ʾIkḫwān al-Muslimūn) is the Arab world’s most influential and one of the largest Islamic movements, and is the largest political opposition organization in many Arab states.[1][2] Founded in Egypt in 1928[3] as a Pan-Islamic, religious, political, and social movement by the Islamic scholar and schoolteacher Hassan al-Banna,[4][5][6][7] by the end of World War II the Muslim Brotherhood had an estimated two million members.[8] Its ideas had gained supporters throughout the Arab world and influenced other Islamist groups with its “model of political activism combined with Islamic charity work”.[9]

The Brotherhood’s stated goal is to instill the Qur’an and Sunnah as the “sole reference point for …ordering the life of the Muslim family, individual, community … and state.” The organization seeks to make Muslim countries become Islamic caliphates and to isolate women and non-Muslims from public life.[10] The movement is also known for engaging in political violence. They were responsible for creating Hamas, a U.S. designated terrorist organization, who grew to infamy for its suicide bombings of Israelis during the first and second intifada.[10] Muslim brotherhood members are suspected to have assasinated political opponents like Egyptian Prime Minister Mahmoud an-Nukrashi Pasha.[9][10][11]

The Muslim Brotherhood started as a religious social organization; preaching Islam, teaching the illiterate, setting up hospitals and even launching commercial enterprises. As it continued to rise in influence, starting in 1936, it began to oppose British rule in Egypt.[12] Many Egyptian nationalists accuse the Muslim Brotherhood of violent killings during this period.[13] After the Arab defeat in the First Arab-Israeli war, the Egyptian government dissolved the organisation and arrested its members.[12] It supported the Egyptian Revolution of 1952, but after an attempted assassination of Egypt’s president it was once again banned and repressed.[14] The Muslim Brotherhood has been suppressed in other countries as well, most notably in Syria in 1982 during the Hama massacre.[15]

The Muslim Brotherhood is financed by contributions from its members, who are required to allocate a portion of their income to the movement. Some of these contributions are from members who work in Saudi Arabia and other oil-rich countries.[16]

http://en.wikipedia.org/wiki/Muslim_brotherhood

Al-Qaeda

Al-Qaeda (pron.: /ælˈkaɪdə/ al-KY-də; Arabic: القاعدة‎ al-qāʿidah, Arabic: [ælqɑːʕɪdɐ], translation: “The Base” and alternatively spelled al-Qaida and sometimes al-Qa’ida) is a global militant Islamist organization founded by Osama bin Laden at some point between August 1988[21] and late 1989,[22] with its origins being traceable to the Soviet War in Afghanistan.[23] It operates as a network comprising both a multinational, stateless army[24] and a radical Sunni Muslim movement calling for global Jihad and a strict interpretation of sharia law. It has been designated as a terrorist organization by the United Nations Security Council, NATO, the European Union, the United Kingdom, the United States, and various other countries (see below). Al-Qaeda has carried out several attacks on non-Muslims,[25][26] and other targets it considers kafir.[27]

Al-Qaeda has attacked civilian and military targets in various countries, including the September 11 attacks, 1998 U.S. embassy bombings and the 2002 Bali bombings. The U.S. government responded to the September 11 attacks by launching the War on Terror. With the loss of key leaders, culminating in the death of Osama bin Laden, al-Qaeda’s operations have devolved from actions that were controlled from the top-down, to actions by franchise associated groups, to actions of lone wolf operators.

Characteristic techniques employed by al-Qaeda include suicide attacks and simultaneous bombings of different targets.[28] Activities ascribed to it may involve members of the movement, who have taken a pledge of loyalty to Osama bin Laden, or the much more numerous “al-Qaeda-linked” individuals who have undergone training in one of its camps in Afghanistan, Pakistan, Iraq or Sudan, but who have not taken any pledge.[29] Al-Qaeda ideologues envision a complete break from all foreign influences in Muslim countries, and the creation of a new world-wide Islamic caliphate.[3][30][31] Among the beliefs ascribed to Al-Qaeda members is the conviction that a Christian–Jewish alliance is conspiring to destroy Islam.[32] As Salafist jihadists, they believe that the killing of civilians is religiously sanctioned, and they ignore any aspect of religious scripture which might be interpreted as forbidding the murder of civilians and internecine fighting.[9][33] Al-Qaeda also opposes man-made laws, and wants to replace them with a strict form of sharia law.[34]

Al-Qaeda is also responsible for instigating sectarian violence among Muslims.[35] Al-Qaeda is intolerant of non-Sunni branches of Islam and denounces them by means of excommunications called “takfir”. Al-Qaeda leaders regard liberal Muslims, Shias, Sufis and other sects as heretics and have attacked their mosques and gatherings.[36] Examples of sectarian attacks include the Yazidi community bombings, the Sadr City bombings, the Ashoura Massacre and the April 2007 Baghdad bombings.[37]

Alawites

The Alawites, also known as Alawis, Nusayris and Ansaris (ʿAlawīyyah (Arabic: علوية‎), Nuṣayrī (Arabic: نصيريون‎), and al-Anṣāriyyah) are a prominent mystical[8] religious group centred in Syria who follow a branch of the Twelver school of Shia Islam.[9][10][11] They were long persecuted for their beliefs by the various rulers of Syria, until Hafez al-Assad took power there in 1970.

Today they represent 12% of the Syrian population and for the past 50 years the political system has been dominated by an elite led by the Alawite Assad family. During the Syrian civil war, this rule has come under significant pressure.

Etymology

The Alawites take their name from Ali ibn Abi Talib, cousin of Muḥammad,[12] who was considered the first Shi’a Imam and the fourth “Rightly Guided Caliph” of Sunni Islam.

Until fairly recently, Alawites were referred to as “Nusairis”, after Abu Shu’ayb Muhammad ibn Nusayr (d. ca 270 h, 863 AD) who is reported to have attended the circles of the last three Imams of the prophet Muhammad’s line. This name is considered offensive, and they refer to themselves as Alawites.[page needed][13] They have allegedly “generally preferred” to be called Alawites, because of the association of the name with Ali ibn Abi Talib, rather than commemorating Abu Shu’ayb Muhammad Ibn Nusayr. In September 1920 French occupational forces instituted the policy of referring to them by the term Alaouites.

In official sources they are often referred to as Ansaris, as this is how they referred to themselves, according to the Reverend Samuel Lyde, who lived among Alawites in the mid-19th century. Other sources state that “Ansari”, as referring to Alawites, is simply a Western mis-transliteration of “Nosairi”.[page needed][14][15]

Alawites are separate from the Alevi religious sect in Turkey, but the terms share similar etymologies, and are often confused by outsiders.[16][17]

History

he origin of the Alawites is disputed. The Alawites themselves trace their origins to the followers of the eleventh Imām, Hassan al-’Askarī (d. 873), and his pupil ibn Nuṣayr (d. 868).[18] The sect seems to have been organised by a follower of Muḥammad ibn Nuṣayr known as al-Khasibi, who died in Aleppo about 969. In 1032 Al-Khaṣībī’s grandson and pupil al-Tabarani moved to Latakia, which was then controlled by the Byzantine Empire. Al-Tabarani became the perfector of the Alawite faith through his numerous writings. He and his pupils converted the rural population of the Syrian Coastal Mountain Range to the Alawite faith.[19]

In the 19th century and early 20th century, some Western scholars believed Alawites to be descended from ancient Middle Eastern peoples such as Canaanites and Hittites.[page needed][20][21]

Under the Ottoman Empire

Under the Ottoman Empire they were often ill treated,[22] and they resisted an attempt to convert them to Sunni Islam.[23] The Alawites were traditionally good fighters, revolted against the Ottomans on several occasions, and maintained virtual autonomy in their mountains.[24] In his book Seven Pillars of Wisdom, T. E. Lawrence wrote:

“The sect, vital in itself, was clannish in feeling and politics. One Nosairi would not betray another, and would hardly not betray an unbeliever. Their villages lay in patches down the main hills to the Tripoli gap. They spoke Arabic, but had lived there since the beginning of Greek letters in Syria. Usually they stood aside from affairs, and left the Turkish Government alone in hope of reciprocity.”[25]

On the other hand, throughout the 18th century a number of Alawite notables were engaged as local Ottoman tax farmers (multazim). In the 19th century, some Alawites also supported the Ottomans against the Egyptian occupation (1831–1840),[26] while individual Alawites made careers in the Ottoman army or as Ottoman governors.[27] In the early part of the 20th century, the mainly Sunni notables sat on wealth and dominated politics, while Alawites lived as poor peasants.[28][29] Alawites were not allowed to testify in court until after World War I.[30]

French Mandate period

After the fall of the Ottoman Empire, Syria and Lebanon came under a French mandate. On December 15, 1918, prominent Alawite leader Saleh al-Ali called for a meeting of Alawite notables in the town of Sheikh Badr, and urged them to revolt and expel the French from Syria. When the French authorities heard of the meeting, they sent a force in order to arrest Saleh al-Ali. Al-Ali and his men ambushed them, and the French forces were defeated and suffered more than 35 casualties.[31] After the initial victory, al-Ali started to organize his Alawite rebels into a disciplined force, with its own general command and military ranks, which resulted in the Syrian Revolt of 1919.[31][32]

In 1919, Al-Ali retaliated to French attacks against rebel positions by attacking and occupying al-Qadmus, from which the French conducted their military operations against him.[31] In November, General Henri Gouraud mounted a full-fledged campaign against Saleh al-Ali’s forces in the An-Nusayriyah Mountains. They entered al-Ali’s village of al-Shaykh Badr and arrested many Alawi notables. Al-Ali fled to the north, but a large French force overran his positions and al-Ali went underground.[31]

Alawite State

When the French finally occupied Syria in 1920, they recognized the term Alaouites, i.e. “Alawites”, gave autonomy to them and other minority groups, and accepted them into their colonial troops.[33] On 2 September 1920 an Alawite State was created in the coastal and mountain country comprising Alawite villages; the French justified this separation with the “backwardness” of the mountain-dwelling people, religiously distinct from the surrounding Sunni population. It was a division meant to protect the Alawite people from more powerful majorities.[34] Under the mandate, many Alawite chieftains supported the notion of a separate Alawite nation and tried to convert their autonomy into independence. The French encouraged Alawites to join their military force, in part to provide a counterweight to the Sunni majority, which was more hostile to their rule. According to a 1935 letter by the French minister of war, the French considered the Alawites, along with the Druze, as the only “warlike races” in the mandate territories, as excellent soldiers, and the communities from where they could recruit their best troops.[35]

The region was both coastal and mountainous, and home to a mostly rural, highly heterogeneous population. During the French Mandate period, society was divided by religion and geography: the landowning families of the port city of Latakia, and 80% of the population of the city, were Sunni Muslim. However, more than 90% of the population of the province was rural, 62% being Alawite peasantry.[36] In May 1930, the Alawite State was renamed “the Government of Latakia”, the only concession the French made to Arab nationalists until 1936.[36] There was a great deal of Alawite separatist sentiment in the region,[36] as evidenced by a letter dating to 1936 and signed by 80 Alawi notables and was addressed to the French Prime Minister stating that “Alawite people rejected attachment to Syria and wished to stay under French protection.” Among the signatories was Sulayman Ali al-Assad, the father of Hafez al-Assad who would later become president of the country, and grandfather of Bashar al-Assad, the current president.[37] However, these political views could not be coordinated into a unified voice. This was attributed to the majority of Alawites being peasants “exploited by a predominantly Sunni landowning class resident in Latakia and Hama”.[36] Nevertheless, on 3 December 1936 (effective in 1937), the Alawite State was re-incorporated into Syria as a concession by the French to the Nationalist Bloc, the party in power of the semi-autonomous Syrian government.[38]

In 1939 a portion of northwest Syria, the Sanjak of Alexandretta, now Hatay, that contained a large number of Alawites, was given to Turkey by the French following a plebiscite carried out in the province under the guidance of League of Nations which favored joining Turkey. However, this development greatly angered the Alawite community and Syrians in general. In 1938, the Turkish military had gone into Alexandretta and expelled most of its Arab and Armenian inhabitants.[39] Before this, Alawite Arabs and Armenians were the majority of the province’s population.[39] Zaki al-Arsuzi, the young Alawite leader from Iskandarun province in the Sanjak of Alexandretta, who led the resistance to the annexation of his province to the Turks, later became a co-founder of the Ba’ath Party along with the Eastern Orthodox Christian schoolteacher Michel Aflaq and Sunni politician Salah al-Din al-Bitar when his Arab Ba’ath merged with their Arab Ba’ath Movement . After World War II, Salman Al Murshid played a major role in uniting the Alawite province with Syria. He was executed by the newly independent Syrian government in Damascus on December 12, 1946 only three days after a hasty political trial.

After Syrian independence

Syria became independent on April 17, 1946. In 1949, following the 1948 Arab-Israeli War, Syria endured a succession of military coups and the rise of the Ba’ath Party. In 1958, Syria and Egypt were united through a political agreement into the United Arab Republic. The UAR lasted for three years. In 1961, it broke apart when a group of army officers seized power and declared Syria independent anew.

A further succession of coups ensued until, in 1963, a secretive military committee, which included a number of disgruntled Alawite officers, including Hafez al-Assad and Salah Jadid, helped the Ba’ath Party seize power. In 1966, Alawite-affiliated military officers successfully rebelled and expelled the old Ba’ath that had looked to the founders of the Ba’ath Party, the Greek Orthodox Christian Michel Aflaq and the Sunni Muslim Salah al-Din al-Bitar, for leadership. They promoted Zaki al-Arsuzi as the “Socrates” of their reconstituted Ba’ath Party.

The al-Assad family

In 1970, then Air Force General, Hafez al-Assad, an Alawite, took power and instigated a “Correctionist Movement” in the Ba’ath Party. The coup of 1970 ended the political instability that had lasted since the arrival of independence.[40] Robert D. Kaplan has compared Hafez al-Assad’s coming to power to “an untouchable becoming maharajah in India or a Jew becoming tsar in Russia—an unprecedented development shocking to the Sunni majority population which had monopolized power for so many centuries.”[33] In 1971, al-Assad declared himself president of Syria, a position the constitution at the time allowed only for Sunni Muslims to hold. In 1973, a new constitution was adopted that omitted the old requirement that the religion of the state be Islam and replaced it with the statement that the religion of the republic’s president is Islam. Protests erupted when this was known.[41] In 1974, in order to satisfy this constitutional requirement, Musa Sadr, a leader of the Twelvers of Lebanon and founder of the Amal Movement who had earlier sought to unite Lebanese Alawites and Shi’ites under the Supreme Islamic Shi’ite Council without success,[42] issued a fatwa stating that Alawites were a community of Twelver Shi’ite Muslims.[43][44] Under the authoritarian but secular Assad government, religious minorities were tolerated more than before, but political dissidents were not. In 1982 when the Muslim Brotherhood mounted an anti-government Islamist insurgency, Hafez Assad staged a military offensive against them which has since been referred to as the Hama massacre.

Beliefs

Alawites celebrating a festival in Banyas, Syria, during World War II

The Alawites derive their beliefs from the Prophets of Islam, from the Quran, and from the books of the Imams from the Ahlulbayt such as the Nahj al-Balagha by Ali ibn Abu Talib. Alawites are self-described Shi’ite Muslims, and have been recognised as such by Shi’ite authorities such as Ayatollah Khomeini and the influential Lebanese Shi’ite cleric Musa al-Sadr of Lebanon.[43][45] The prominent Sunni Grand Mufti of Jerusalem Mohammad Amin al-Husayni also issued a fatwah recognizing them as part of the Muslim community in the interest of Arab nationalism.[46][47] Some Sunni scholars such as Ibn Kathir, on the other hand, have categorized Alawites as pagans in their religious works[48] and documents.[22] At least one source has compared them to Baha’is, Babis, Bektashis, Ahmadis, and “similar groups that have arisen within the Muslim community”.[49]

Heterodox

Alawite man in Latakia, early 20th century

Some tenets of the faith may be secret and known only to a select few Alawis. [22][50] Alawis may have integrated doctrines from other religions (syncretism), in particular from Ismaili Islam and Christianity.[8][22][44] Alawis are reported to celebrate certain Christian festivals, “in their own way”,[44] including Christmas, Easter, and Palm Sunday.[33] The claim that Alawis believe Ali is a deity has been contested by scholars.[51] By some accounts, Alawis believe in reincarnation.[52]

Orthodox

Alawi women in Syria, early 20th century

Some sources have suggested that the non-Muslim nature of some of the historical Alawite beliefs, notwithstanding, Alawite beliefs may have changed in recent decades. In the early 1970s a booklet entitled “al-`Alawiyyun Shi’atu Ahl al-Bait” (“The Alawites are Followers of the Household of the Prophet”), was issued in which doctrines of the Imami Shi’ah were described as Alawite, and which was “signed by numerous `Alawi` men of religion”.[53]

A scholar suggests that factors such as the high profile of Alawites in Syria, the strong aversion of the Muslim majority to apostasy, and the relative lack of importance of religious doctrine to Alawite identity may have induced Syrian leader Hafez al-Assad and his successor son to press their fellow Alawites “to behave like ‘regular Muslims’, shedding or at least concealing their distinctive aspects”.[54]

Alawites have their own scholars, referred to as shaikhs, although more recently there has been a movement to bring Alawism and the other branches of Twelver Islam together through educational exchange programs in Syria and Qom.[55]

Some sources have talked about “Sunnification” of Alawites under Baathist Syrian leader and Alawite Hafiz al-Assad.[56] Joshua Landis, Director of the Center for Middle East Studies, writes that Hafiz al-Assad “tried to turn Alawites into ‘good’ (read Sunnified) Muslims in exchange for preserving a modicum of secularism and tolerance in society.” On the other hand Al-Assad “declared the Alawites to be nothing but Twelver Shiites”.[56] In a paper on “Islamic Education in Syria”, Landis wrote that “no mention” is made in Syrian textbooks controlled by the Al-Assad regime, of Alawites, Druze, and Ismailis or even Shi`a Islam. Islam was presented as a monolithic religion.[57] Ali Sulayman al-Ahmad, chief judge of the Baathist Syrian state, has stated: “We are Alawi Muslims. Our book is the Quran. Our prophet is Muhammad. The Ka`ba is our qibla, and our religion is Islam.”[58]

Population

Map showing the current distribution of Alawites in the Levant

Syria

Traditionally Alawites have lived in the Alawite Mountains along the Mediterranean coast of Syria. Latakia and Tartous are the region’s principal cities. Today Alawites are also concentrated in the plains around Hama and Homs. Alawites also live in all major cities of Syria. They have been estimated to constitute about 12% of Syria’s population[59][60][61]—2.6 million people of Syria’s 22 million population.[2]

There are four Alawite confederations—Kalbiyya, Khaiyatin, Haddadin, and Matawirah—each divided into tribes.[22] Alawites are concentrated in the Latakia region of Syria, extending north to Antioch (Antakya), Turkey, and in and around Homs and Hama.[62]

Before 1953, Alawites held specifically reserved seats in the Syrian Parliament like all other religious communities. After that, including for the 1960 census, there were only general Muslim and Christian categories, without mention of subgroups in order to reduce “communalism” (taïfiyya).

Lebanon

There are an estimated 100,000 to 120,000[4][63] Alawites in Lebanon, where they have lived since at least the 16th century.[64] They are recognized as one of the 18 official Lebanese sects, and due to the efforts of their leader Ali Eid, the Taif Agreement of 1989 gave them two reserved seats in the Parliament. Lebanese Alawites live mostly in the Jabal Mohsen neighbourhood of Tripoli, where they number 40,000–60,000, and in 15 villages in the Akkar region, and are mainly represented by the Arab Democratic Party.[65][66][67] Their Mufti is Sheikh Assad Assi.[68] The Bab al-Tabbaneh, Jabal Mohsen clashes between pro-Syrian Alawites and anti-Syrian Sunnis have haunted Tripoli for decades.[69]

There are also about 2000 Alawites living in the village of Ghajar, split between Lebanon and the Golan Heights.[70] In 1932, the residents of Ghajar were given the option of choosing their nationality and overwhelmingly chose to be a part of Syria, which has a sizable Alawite minority.[71] Prior to the 1967 Arab-Israeli War, the residents of Ghajar were counted in the 1960 Syrian census.[72] When Israel captured the Golan Heights from Syria in 1967, Ghajar remained a no-man’s land for two and a half months.

Turkey

In order to avoid confusion with Alevis, Alawites prefer the self-appellation Arap Alevileri (“Arab Alevis”) in Turkish. The term Nusayrī, which used to exist in (often polemical) theological texts is also revived in recent studies. In Çukurova, they are named as Fellah and Arabuşağı, the latter considered highly offensive by Alawites, by the Sunni population. A quasi-official name used particularly in 1930s by Turkish authorities was Eti Türkleri (“Hittite Turks”), in order to conceal their Arab origins. Today, this term is almost obsolete but it is still used by some people of older generations as a euphemism.

The exact number of Alawites in Turkey is unknown, but there were 185,000 in 1970[73] (this number suggests circa 400,000 in 2009). As Muslims, they are not recorded separately from Sunnis in ID registration. In the 1965 census (the last Turkish census where informants were asked their mother tongue), 180,000 people in the three provinces declared their mother tongue as Arabic. However, Arabic-speaking Sunni and Christian people are also included in this figure. Alawites traditionally speak the same dialect of Levantine Arabic with Syrian Alawites. Arabic is best preserved in rural communities and Samandağ. Younger people in Çukurova cities and (to a lesser extent) in İskenderun tend to speak Turkish. Turkish spoken by Alawites is distinguished by Alawites and non-Alawites alike by its particular accents and vocabulary. Knowledge of the Arabic alphabet is confined to religious leaders and men who have worked or studied in Arab countries.

Alawites show a considerable pattern of social mobility. Until 1960s, they used to work bound to Sunni aghas around Antakya and were among the poorest folk in Çukurova. Today, Alawites are prominent in economic sectors such as transportation and commerce. A large professional middle-class had also emerged. In recent years, there has been a tendency of exogamy, particularly among males who had attended universities and/or had lived in other parts of Turkey. These marriages are highly tolerated but exogamy of women, as in other patrilineal groups, is usually disfavoured.

Alawites, like Alevis, mainly have strong leftist political preferences. However, some people in rural areas (usually members of notable Alawite families) may be found supporting secularist conservative parties such as True Path Party. Most Alawites feel discriminated by the policies of the Presidency of Religious Affairs in Turkey (Diyanet İşleri Başkanlığı).[74][75]

http://en.wikipedia.org/wiki/Alawite

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Obama Fires Acting IRS Commissioner — Obama The Liar — When Will Congress Impeach Obama? — Videos

Posted on May 15, 2013. Filed under: American History, Blogroll, College, Communications, Computers, Crime, Economics, Education, Employment, Federal Government, Federal Government Budget, Fiscal Policy, Foreign Policy, government, government spending, history, IRS, Language, Law, liberty, Life, Links, People, Philosophy, Rants, Talk Radio, Tax Policy, Taxes, Unemployment, Video, Wisdom | Tags: , , , , , , , |

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President Obama Announces Resignation of Acting IRS Commissioner: I Am Angry About It

Obama the Liar

Glenn Beck Ties Together Benghazi, IRS, & AP Scandals ‘Fundamental Transformation’

MUST SEE VIDEO!!! Who is the REAL Barack Obama – The Liar Deceiver Puppet Satan

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Who Controls America — George Carlin — Videos

Posted on May 15, 2013. Filed under: American History, Banking, Blogroll, College, Communications, Diasters, Economics, Employment, Federal Government, Federal Government Budget, Fiscal Policy, Foreign Policy, government, government spending, High School, history, Inflation, Investments, Language, Law, Life, Links, Macroeconomics, Monetary Policy, Money, People, Philosophy, Politics, Raves, Religion, Resources, Security, Strategy, Talk Radio, Tax Policy, Technology, Video, War, Wealth, Wisdom | Tags: , , , , , , , |

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The Owners of the Country

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Robert Littell — The Company: A Novel of the CIA — Videos

Posted on May 13, 2013. Filed under: American History, Banking, Blogroll, Business, College, Communications, Economics, Education, Employment, Federal Government, Federal Government Budget, Fiscal Policy, Foreign Policy, government, government spending, history, History of Economic Thought, Inflation, Language, Law, liberty, Life, Links, Macroeconomics, media, Microeconomics, Monetary Policy, Money, People, Philosophy, Politics, Raves, Talk Radio, Tax Policy, Technology, Unemployment, Video, War, Wealth, Wisdom | Tags: , , , , , , , , , |

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Background Articles and Videos

Tinker, Tailor, Soldier, Spy: 1 – Return To The Circus

Tinker, Tailor, Soldier, Spy: 2 – Tarr Tells His Story

Tinker, Tailor, Soldier, Spy: 3 – Smiley Tracks The Mole

Tinker, Tailor, Soldier, Spy: 5 – Tinker Tailor

Tinker, Tailor, Soldier, Spy: 6 – Smiley Sets A Trap

Tinker, Tailor, Soldier, Spy: 7 – Flushing Out The Mole

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Who Wrote The Benghazi Cover-up Story of The Anti-Islamic YouTube Video for Rice, Clinton, and Obama? Ben Rhodes, Deputy National Security Advisor for Strategic Communication–Propagandist Speech Writer? — Videos

Posted on May 8, 2013. Filed under: American History, Blogroll, Business, College, Comedy, Communications, Culture, Diasters, Economics, Education, European History, Federal Government, Foreign Policy, government, government spending, history, Islam, Islam, Language, Law, liberty, Life, Links, Literacy, media, People, Philosophy, Politics, Radio, Rants, Raves, Religion | Tags: , , , , , , , , , , |

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President Barack Obama jokes with Ben Rhodes, Deputy National Security Advisor for Strategic Communication, aboard Air Force One

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Cover-up

A cover-up is an attempt, whether successful or not, to conceal evidence of wrongdoing, error, incompetence or other embarrassing information. In a passive cover-up information is simply not provided; in an active cover-up deception is used.

The expression is usually applied to people in positions of authority who abuse their power to avoid or silence criticism or to deflect guilt of wrongdoing. Those who initiate a cover up (or their allies) may be responsible for a misdeed, a breach of trust or duty or a crime.

While the terms are often used interchangeably, cover-up involves withholding incriminatory evidence, while whitewash involves releasing misleading evidence.

http://en.wikipedia.org/wiki/Cover-up

Glenn Beck – Benghazi: Truth coming out

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Rice University, and New York University. He has been described as a realist by The Washington Post,[2] and was mentioned by Time on the “40 Under 40″ list of powerful and prominent young professionals in 2011.[3] His brother, David, is president of CBS News.

Rhodes wrote Pres. Barack Obama’s 2009 Cairo speech A New Beginning.[4]

Rhodes was the one who advised Pres. Barack Obama to withdraw support from Egyptian leader Hosni Mubarak, becoming a key adviser during the Arab Spring.[5]

Rhodes euphemistically described the United States’ military involvement in Libya as “kinetic military action.”[6] In a March 16, 2013 feature story appearing in The New York Times, Rhodes declined to comment on his role in Obama administration policy decisions, saying, “My main job, which has always been my job, is to be the person who represents the president’s view on these issues.”[5]

During the Benghazi Hearings in Washington, D.C. May 8, 2013, an article was published in an online magazine The Patriot Newswire suggesting that Ben Rhodes may be responsible for a Benghazi cover up. Is This Man The Mastermind Behind The Benghazi Cover Up? http://patriot-newswire.com/2013/05/is-this-man-the-mastermind-behind-the-benghazi-cover-up/

http://en.wikipedia.org/wiki/Ben_Rhodes_%28speechwriter%29

White House denies changing story on Benghazi

The White House continued to fend off suggestions it misled the public about the attack on the US mission in Libya in September, a day after ex-CIA chief David Petraeus told Congress that mentions of al-Qaeda were edited out of public talking points.

The White House insisted on Saturday that it did not make significant changes to its talking points about the September attack on a US diplomatic building in the Libyan city of Benghazi, as it continued to fend off accusations by Republicans that the Obama administration had misled the American public about the terrorist nature of the attack.

“The only edit that was made by the White House and also by the State Department was to change the word ‘consulate’ to the word ‘diplomatic facility,’ since the facility in Benghazi was not formally a consulate,” deputy national security adviser Ben Rhodes told reporters aboard Air Force One on Saturday.

“Other than that, we were guided by the points that were provided by the intelligence community. So I can’t speak to any other edits that may have been made,” Rhodes said about notes that were used by UN Ambassador Susan Rice to speak to the press about the attack that left Ambassador Christopher Stevens and three other Americans dead.

On Friday, former CIA chief David Petraeus revealed that the original taking points about the attack had mentioned groups linked to al-Qaeda, but those mentions were removed from the texts used by Rice, according to US lawmakers who heard Petraeus’ testimony to Congress.

Petraeus –who is caught up in a career-ending sex scandal– appeared before House and Senate intelligence panels that were closed off to reporters. The respected ex-spy chief also said the changes to talking points were not made for political reasons during President Barack Obama’s re-election campaign, as some Republicans have suggested.

After his testimony to Congress, Petraeus was escorted through a back exit to avoid contact with journalists. His testimony to Congress was later relayed by Republican and Democratic lawmakers who attended the closed-door hearings.

‘Changes made to protect classified information’

On Saturday, Rhodes deflected responsibility for removing the Al Qaeda references onto the CIA and other members of the US intelligence community. “If there were adjustments made to them [the talking points] within the intelligence community, that’s common, and that’s something they would have done themselves,” the deputy national security advisor told reporters.

Democratic lawmakers said that Petraeus was adamant that there had been no White House interference. The recently resigned four-star general explained that references to terrorist groups suspected of carrying out the violence were removed from the public statement by Rice and others so as not to tip off those groups that US intelligence was on their trail.

“There was an interagency process to draft it, not a political process,” Congressman Adam Schiff, a Democrat from California said. “They came up with the best assessment without compromising classified information or source or methods. So changes were made to protect classified information.”

Republicans remain skeptical

However, Republicans remained skeptical over the White House and Petraeus’ explanation, maintaining that the Obama administration may have watered down information to cover up for poor intelligence or inadequate security of US personnel in Libya.

Ambassador Rice has been floated as a possible successor to Secretary of State Hillary Clinton, who is stepping down early next year, but some Republicans are threatening to block Rice’s nomination.

Senator Marco Rubio, a Republican from Florida, said Petraeus’ testimony showed that security measures were inadequate “despite an overwhelming and growing amount of information that showed the area in Benghazi was dangerous, particularly on the night of September 11.”

Peter King, a Congressman from New York and the Republican chairman of the House Intelligence Committee, told reporters on Friday he saw a contradiction between the account Petraeus had given to an earlier House hearing and the one given during his most recent appearence.

“His testimony was he told us that from the start it was a terrorist attack. I told him that was not my direct recollection. The clear impression we were given was that the overwhelming amount of evidence was that it arose out of a spontaneous demonstration and [not] that it was a terrorist attack.”

On Saturday King told Fox News television that it remained unclear who had made the edits concerning al Qaeda involvement in Benghazi, and did not rule out the White House.

“That’s why it’s important to find out why it was done. It could be anywhere in the Defense Department, the State Department, the Justice Department, the White House,” King told the right-wing news channel. “[We need] to find out why it was done, what the purpose of it was.

http://www.france24.com/en/20121118-usa-white-house-obama-no-edited-talking-points-benghazi-mission-al-qaeda-rice-king-rubio

The Benghazi Talking Points

And how they were changed to obscure the truth

May 13, 2013, Vol. 18, No. 33 • By STEPHEN F. HAYES

Even as the White House strove last week to move beyond questions about the Benghazi attacks of Tuesday, September 11, 2012, fresh evidence emerged that senior Obama administration officials knowingly misled the country about what had happened in the days following the assaults. The Weekly Standard has obtained a timeline briefed by the Office of the Director of National Intelligence detailing the heavy substantive revisions made to the CIA’s talking points, just six weeks before the 2012 presidential election, and additional information about why the changes were made and by whom.

As intelligence officials pieced together the puzzle of events unfolding in Libya, they concluded even before the assaults had ended that al Qaeda-linked terrorists were involved. Senior administration officials, however, sought to obscure the emerging picture and downplay the significance of attacks that killed a U.S. ambassador and three other Americans. The frantic process that produced the changes to the talking points took place over a 24-hour period just one day before Susan Rice, U.S. ambassador to the United Nations, made her now-famous appearances on the Sunday television talk shows. The discussions involved senior officials from the State Department, the National Security Council, the CIA, the Office of the Director of National Intelligence, and the White House.

The exchange of emails is laid out in a 43-page report from the chairmen of five committees in the House of Representatives. Although the investigation was conducted by Republicans, leading some reporters and commentators to dismiss it, the report quotes directly from emails between top administration and intelligence officials, and it includes footnotes indicating the times the messages were sent. In some cases, the report did not provide the names of the senders, but The Weekly Standard has confirmed the identities of the authors of two critical emails—one indicating the main reason for the changes and the other announcing that the talking points would receive their final substantive rewrite at a meeting of top administration officials on Saturday, September 15.

The White House provided the emails to members of the House and Senate intelligence committees for a limited time and with the stipulation that the documents were available for review only and would not be turned over to the committees. The White House and committee leadership agreed to that arrangement as part of a deal that would keep Republican senators from blocking the confirmation of John Brennan, the president’s choice to run the CIA. If the House report provides an accurate and complete depiction of the emails, it is clear that senior administration officials engaged in a wholesale rewriting of intelligence assessments about Benghazi in order to mislead the public. The Weekly Standard sought comment  from officials at the White House, the State Department, and the CIA, but received none by press time. Within hours of the initial attack on the U.S. facility, the State Department Operations Center sent out two alerts. The first, at 4:05 p.m. (all times are Eastern Daylight Time), indicated that the compound was under attack; the second, at 6:08 p.m., indicated that Ansar al Sharia, an al Qaeda-linked terrorist group operating in Libya, had claimed credit for the attack. According to the House report, these alerts were circulated widely inside the government, including at the highest levels. The fighting in Benghazi continued for another several hours, so top Obama administration officials were told even as the fighting was taking place that U.S. diplomats and intelligence operatives were likely being attacked by al Qaeda-affiliated terrorists. A cable sent the following day, September 12, by the CIA station chief in Libya, reported that eyewitnesses confirmed the participation of Islamic militants and made clear that U.S. facilities in Benghazi had come under terrorist attack. It was this fact, along with several others, that top Obama officials would work so hard to obscure.

After a briefing on Capitol Hill by CIA director David Petraeus, Democrat Dutch Ruppersburger, the ranking member of the House Intelligence Committee, asked the intelligence community for unclassified guidance on what members of Congress could say in their public comments on the attacks. The CIA’s Office of Terrorism Analysis prepared the first draft of a response to the congressman, which was distributed internally for comment at 11:15 a.m. on Friday, September 14 (Version 1 at right). This initial CIA draft included the assertion that the U.S. government “know[s] that Islamic extremists with ties to al Qaeda participated in the attack.” That draft also noted that press reports “linked the attack to Ansar al Sharia. The group has since released a statement that its leadership did not order the attacks, but did not deny that some of its members were involved.” Ansar al Sharia, the CIA draft continued, aims to spread sharia law in Libya and “emphasizes the need for jihad.” The agency draft also raised the prospect that the facilities had been the subject of jihadist surveillance and offered a reminder that in the previous six months there had been “at least five other attacks against foreign interests in Benghazi by unidentified assailants, including the June attack against the British Ambassador’s convoy.”

After the internal distribution, CIA officials amended that draft to include more information about the jihadist threat in both Egypt and Libya. “On 10 September we warned of social media reports calling for a demonstration in front of the [Cairo] Embassy and that jihadists were threatening to break into the Embassy,” the agency had added by late afternoon. And: “The Agency has produced numerous pieces on the threat of extremists linked to al Qaeda in Benghazi and Libya.” But elsewhere, CIA officials pulled back. The reference to “Islamic extremists” no longer specified “Islamic extremists with ties to al Qaeda,” and the initial reference to “attacks” in Benghazi was changed to “demonstrations.”

The talking points were first distributed to officials in the interagency vetting process at 6:52 p.m. on Friday. Less than an hour later, at 7:39 p.m., an individual identified in the House report only as a “senior State Department official” responded to raise “serious concerns” about the draft. That official, whom The Weekly Standard has confirmed was State Department spokesman Victoria Nuland, worried that members of Congress would use the talking points to criticize the State Department for “not paying attention to Agency warnings.”

In an attempt to address those concerns, CIA officials cut all references to Ansar al Sharia and made minor tweaks. But in a follow-up email at 9:24 p.m., Nuland wrote that the problem remained and that her superiors—she did not say which ones—were unhappy. The changes, she wrote, did not “resolve all my issues or those of my building leadership,” and State Department leadership was contacting National Security Council officials directly. Moments later, according to the House report, “White House officials responded by stating that the State Department’s concerns would have to be taken into account.” One official—Ben Rhodes, The Weekly Standard is told, a top adviser to President Obama on national security and foreign policy—further advised the group that the issues would be resolved in a meeting of top administration officials the following morning at the White House.

There is little information about what happened at that meeting of the Deputies Committee. But according to two officials with knowledge of the process, Mike Morrell, deputy director of the CIA, made broad changes to the draft afterwards. Morrell cut all or parts of four paragraphs of the six-paragraph talking points—148 of its 248 words (see Version 2 above). Gone were the reference to “Islamic extremists,” the reminders of agency warnings about al Qaeda in Libya, the reference to “jihadists” in Cairo, the mention of possible surveillance of the facility in Benghazi, and the report of five previous attacks on foreign interests.

What remained—and would be included in the final version of the talking points—was mostly boilerplate about ongoing investigations and working with the Libyan government, together with bland language suggesting that the “violent demonstrations”—no longer “attacks”—were spontaneous responses to protests in Egypt and may have included generic “extremists” (see Version 3 above).

If the story of what happened in Benghazi was dramatically stripped down from the first draft of the CIA’s talking points to the version that emerged after the Deputies Committee meeting, the narrative would soon be built up again. In ensuing days, administration officials emphasized a “demonstration” in front of the U.S. facility in Benghazi and claimed that the demonstrators were provoked by a YouTube video. The CIA had softened “attack” to “demonstration.” But as soon became clear, there had been no demonstration in Benghazi.

More troubling was the YouTube video. Rice would spend much time on the Sunday talk shows pointing to this video as the trigger of the chaos in Benghazi. “What sparked the violence was a very hateful video on the Internet. It was a reaction to a video that had nothing to do with the United States.” There is no mention of any “video” in any of the many drafts of the talking points.

Still, top Obama officials would point to the video to explain Benghazi. President Obama and Secretary of State Hillary Clinton even denounced the video in a sort of diplomatic public service announcement in Pakistan. In a speech at the United Nations on September 25, the president mentioned the video several times in connection with Benghazi.

On September 17, the day after Rice appeared on the Sunday shows, Nuland defended Rice’s performance during the daily briefing at the State Department. “What I will say, though, is that Ambassador Rice, in her comments on every network over the weekend, was very clear, very precise, about what our initial assessment of what happened is. And this was not just her assessment, it was also an assessment you’ve heard in comments coming from the intelligence community, in comments coming from the White House.”

“Innocence of Muslims” FULL MOVIE HD Anti-Muslim Anti-Islam Prophet Muhammad

Is Ben Rhodes the Mastermind Behind the Benghazi Cover Up?

wrote yesterday about how the Central Intelligence Agency (CIA) knew that the attack in Benghazi on September 11, 2012 was a terrorist attack by Al-Qaeda operatives. We know the Obama White House put out the story for nearly a week that it was just Muslims upset over a benign YouTube video. In spite of knowing what was going on and having the ability to intervene, the Obama administration did nothing to stop or assist Americans who they knew were being attacked by Al-Qaeda. Instead, they chose to cover it up and intimidate witnesses. Stephen F. Hayes has an excellent piece at the Weekly Standard titled The Benghazi Talking Points, in which he fingers the man he believes is the main person behind the Benghazi cover up, Ben Rhodes.

Of course, one would immediately have to wonder about those who would be around a man who has vowed to stand with the Muslims instead of America. If you recall, Barack Obama made a speech in Cairo, Egypt to an audience which included the Muslim Brotherhood, in which he distorted the Qur’an to put it in a good light and then attempted to make out like Islam had made great contributions to both America and the world. That speech was written by Ben Rhodes, Obama’s foreign policy speechwriter and now a part of a his National Security Council.

Hayes writes in his article about the talking points that were first put out to officials. He writes:

The talking points were first distributed to officials in the interagency vetting process at 6:52 p.m. on Friday. Less than an hour later, at 7:39 p.m., an individual identified in the House report only as a “senior State Department official” responded to raise “serious concerns” about the draft. That official, whom The Weekly Standard has confirmed was State Department spokesman Victoria Nuland, worried that members of Congress would use the talking points to criticize the State Department for “not paying attention to Agency warnings.”

In an attempt to address those concerns, CIA officials cut all references to Ansar al Sharia and made minor tweaks. But in a follow-up email at 9:24 p.m., Nuland wrote that the problem remained and that her superiors—she did not say which ones—were unhappy. The changes, she wrote, did not “resolve all my issues or those of my building leadership,” and State Department leadership was contacting National Security Council officials directly. Moments later, according to the House report, “White House officials responded by stating that the State Department’s concerns would have to be taken into account.” One official—Ben Rhodes, The Weekly Standard is told, a top adviser to President Obama on national security and foreign policy—further advised the group that the issues would be resolved in a meeting of top administration officials the following morning at the White House.

hayestp.img_assist_custom-497x1400

There is little information about what happened at that meeting of the Deputies Committee. But according to two officials with knowledge of the process, Mike Morrell, deputy director of the CIA, made broad changes to the draft afterwards. Morrell cut all or parts of four paragraphs of the six-paragraph talking points—148 of its 248 words (see Version 2 above). Gone were the reference to “Islamic extremists,” the reminders of agency warnings about al Qaeda in Libya, the reference to “jihadists” in Cairo, the mention of possible surveillance of the facility in Benghazi, and the report of five previous attacks on foreign interests.

Ed Lasky writes concerning Rhodes, “Ben Rhodes should be called to account for trying to divert blame away from Islamic terrorists and the Obama team members whose feckless negligence led to the Benghazi massacre.”

“I have previously written about Ben Rhodes and his role in the Obama White House,” writes Lasky. “It is shameful that this ‘kid’ (he is all of 35) has been given any responsibility at all in our government. In ‘Does it bother anyone that this person is the Deputy National Security Adviser?’ I noted his problematic background for someone given so much power by Obama. But then again he does specialize in fiction-writing. He earned a master’s degree in fiction-writing from New York University just a few years ago . He did not have a degree in government, diplomacy, national security; nor has he served in the CIA, or the military. He was toiling away not that long ago on a novel called ‘The Oasis of Love’ about a mega church in Houston, a dog track, and a failed romance. ”

Lasky concludes that Ben Rhodes is the man that attempted to whitewash Islamists and the Obama administration, not only in the Cairo speech, but in the talking points promoted by the Obama White House in the days following the attack on Benghazi that left four Americans dead.

I guess we’ll wait and see if he is even called as a witness this by the House in this week’s hearings.

Tim Brown is the Editor of Freedom Outpost and a regular contributor to The D.C. Clothesline.

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Source: http://dcclothesline.com/2013/05/08/is-ben-rhodes-the-mastermind-behind-the-benghazi-

Ben Rhodes

dek

Charles Dharapak / AP

Rhodes grew up in New York City and moved to Washington in 2002, eventually taking a job writing speeches for Barack Obama, then a freshman Senator. Now, as Obama’s principal communications aide on national security, he reads the top-secret President’s Daily Brief, advises the President on key decisions and runs meetings with advisers much older than he is. “It was awkward for the first few weeks,” says Rhodes, 32, “but you get used to it.”

Who is your political hero/inspiration?
Robert F. Kennedy.

What’s your go-to political blog?
andrewsullivan.com

If you weren’t working in politics, what would you be doing?
I’d probably be living in New York trying to write novels but making a living off of non-fiction.

What’s the most overlooked issue facing America these days?
We need a broad and sustainable consensus about the politics of national security and America’s role in the world, which we have not had in the 21st century

Where do you see yourself professionally in five years?
Transitioning out of the second Obama Administration to live in California (per my wife), trying to write novels but making a living off of non-fiction.

Read more: http://www.time.com/time/specials/packages/article/0,28804,2023831_2023829_2025191,00.html #ixzz2Sklg6IQX

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UPDATED May 8, 2013

Includes Videos From

House Oversight Committee Investigation of Benghazi Terrorist Attack

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Cover-up

A cover-up is an attempt, whether successful or not, to conceal evidence of wrongdoing, error, incompetence or other embarrassing information. In a passive cover-up information is simply not provided; in an active cover-up deception is used.

The expression is usually applied to people in positions of authority who abuse their power to avoid or silence criticism or to deflect guilt of wrongdoing. Those who initiate a cover up (or their allies) may be responsible for a misdeed, a breach of trust or duty or a crime.

While the terms are often used interchangeably, cover-up involves withholding incriminatory evidence, while whitewash involves releasing misleading evidence.

http://en.wikipedia.org/wiki/Cover-up

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Below is a letter from a group of about 700 retired U.S. military special operations veterans to the House of Representatives, urging Congress to establish a committee to investigate the Benghazi attack. Colonel Dick Brauer, founder of the group Special Operations Speaks explained the effort on Fox and Friends this morning.

To: Members of The U.S. House of Representatives

Subject: The Benghazi attacks on 9/11/ 2012

The undersigned are a representative group of some 700 retired Military Special Operations professionals who spent the majority of their careers

preparing for and executing myriad operations to rescue or recover detained or threatened fellow Americans. In fact, many of us participated in both the Vietnam era POW rescue effort, The Son Tay Raid, as well as Operation Eagle Claw, the failed rescue attempt in April of 1980 in Iran, so we have been at this for many years and have a deep passion for seeking the truth about what happened during the national tragedy in Benghazi.

The purpose of this letter is to encourage all members of the US House of Representatives to support H.Res. 36, which will create a House Select Committee on the Terrorist Attack in Benghazi. It is essential that a full accounting of the events of September 11, 2012, be provided and that the American public be fully informed regarding this egregious terrorist attack on US diplomatic personnel and facilities. We owe that truth to the American people and the families of the fallen.

It appears that many of the facts and details surrounding the terrorist attack which resulted in four American deaths and an undetermined number of American casualties have not yet been ascertained by previous hearings and inquiries. Additional information is now slowly surfacing in the media, which makes a comprehensive bipartisan inquiry an imperative. Many questions have not been answered thus far. The House Select Committee should address, at a minimum, the following questions:

1. Why was there no military response to the events in Benghazi?

a. Were military assets in the region available? If not, why not?

b. If so, were they alerted?

c. Were assets deployed to any location in preparation for a rescue or recovery attempt?

d. Was military assistance requested by the Department of State? If so, what type?

e. Were any US Army/Naval/USMC assets available to support the US diplomats in Benghazi during the attack?

f. What, if any, recommendations for military action were made by DOD and the US Africa Command?

2. What, if any, non-military assistance was provided during the attack?

3. How many US personnel were injured in Benghazi?

4. Why have the survivors of the attack not been questioned?

5. Where are the survivors?

6. Who was in the White House Situation Room (WHSR) during the entire 8-hour period of the attacks, and was a senior US military officer present?

7. Where were Leon Panetta and General Martin Dempsey during the crisis, and what inputs and recommendations did they make?

8. Where were Tom Donilon, the National Security Advisor, Denis McDonough, his deputy, Valerie Jarrett and John Brennan during the attacks, and what (if any) recommendations or decisions did any of them make?

9. Why were F-16 fighter aircraft based in Aviano, Italy (less than two hours away) never considered a viable option for disruption (if not dispersal) of the attackers until “boots on the ground” (troop support–General Dempsey’s words) arrived?

10. Were any strike aircraft (such as an AC-130 gunship) in the area or possibly overhead that would cause former SEAL Tyrone Woods to laser-designate his attacker’s position and call for gunship fire support, thereby revealing his own location that led to his death?

11. Who gave the order to “STAND DOWN” that was heard repeatedly during the attacks?

12. What threat warnings existed before the attack, and what were the DOD and DOS responses to those warnings? What data (which will reveal exact timelines and command decisions) is contained within the various SITREPS, records, logs, videos and recordings maintained by the myriad of DOD, Intelligence Community and State Department Command Centers that were monitoring the events in Benghazi as they unfolded?

13. Why did the Commander-in Chief and Secretary of State never once check in during the night to find out the status of the crisis situation in Benghazi?

14. What was the nature of Ambassador Stevens’ business in Benghazi at the time of the attack?

15. What guidance has been provided to survivors and family members since the time of the attack, and who issued that guidance?

16. Why are so many agencies now requiring their personnel that were involved in or have access to information regarding the events that took place in Benghazi sign Non-Disclosure Agreements?

This was the most severe attack on American diplomatic facilities and personnel since the attacks on the US Embassies in Tanzania and Kenya in 1998. Thus far, it appears that there has been no serious effort to determine critical details of this attack. This is inexcusable and demands immediate attention by the Congress. Congress must show some leadership and provide answers to the public as to what actually occurred in Benghazi. Americans have a right to demand a full accounting on this issue.

A longstanding American ethos was breached during the terrorist attack in Benghazi. America failed to provide adequate security to personnel deployed into harm’s way and then failed to respond when they were viciously attacked. Clearly, this is unacceptable and requires accountability. America has always held to the notion that no American will be left behind and that every effort will be made to respond when US personnel are threatened. Given our backgrounds, we are concerned that this sends a very negative message to future military and diplomatic personnel who may be deployed into dangerous environments. That message is that they will be left to their own devices when attacked. That is an unacceptable message.

The House Select Committee should focus on getting a detailed account of the events in Benghazi as soon as possible. H. Res. 36 will provide a structure for the conduct of a thorough inquiry of Benghazi and should be convened immediately.

We ask that you fulfill your responsibilities to the American people and take appropriate action regarding Benghazi. With over sixty members of the US House of Representatives calling for this Select Committee already, it seems that the time is right to take appropriate action on Benghazi.

CBS Devotes Two Straight Days of Coverage to ‘Possible Cover-Up’ on Benghazi; ABC, NBC Out to Lunch

By Matthew Balan

CBS used its Sunday evening and Monday morning newscasts to keep the spotlight on the question of a “possible cover-up” surrounding the terrorist attack on the U.S. consulate in Benghazi. Jeff Glor led CBS Evening News with the scoop from earlier in the day on Face the Nation – that a “career U.S. diplomat is raising new questions” about the Obama administration’s claim that the attack spontaneously erupted in response to an early protest in Egypt.

Monday’s CBS This Morning also aired a report on this latest development on the September 11, 2012 attack. Meanwhile, ABC and NBC have yet to pick up on the veteran diplomat’s allegations, despite the fact that he is set to testify publicly to Congress on the issue on Wednesday.

Glor teased a report from correspondent David Martin by trumpeting that “a new witness emerges – a senior U.S. diplomat contradicts the White House and seems to support Republican claims of a cover-up over the attack in Benghazi.” Martin first outlined what Rep. Darrell Issa had revealed earlier in the day on Face the Nation:

DAVID MARTIN: Greg Hicks – at the time, the number-two diplomat at the U.S. embassy in Tripoli…directly contradicts administration claims that at first, the attack was thought to be nothing more than a demonstration growing out of a similar protest that day in Cairo. ‘I thought it was a terrorist attack from the get-go. I think everybody in the mission thought it was a terrorist attack from the beginning.’

The CBS journalist continued with a clip of U.N. Ambassador Susan Rice’s now-discredited assertion about the terror attack, which she made on several Sunday morning talk shows on September 16, 2012. He also noted that Rep. Issa “pointed out Rice’s statement directly contradicted the president of Libya, who had appeared just before her on ‘Face the Nation’.”

Near the end of the segment, Martin underlined a key assertion from Hicks – that the diplomat “told committee investigators Rice’s words were an insult to the president of Libya, and may have hobbled efforts to capture those responsible for the attack. ‘I firmly believe that the reason it took us so long to get the FBI to Benghazi is because of those Sunday talk shows.’”

Hours later, on Monday’s CBS This Morning, correspondent Margaret Brennan rehashed much of what her colleague had reported the previous evening. Brennan also highlighted another statement from Hicks on Rice’s apparent slight to the Libyan president:

MARGARET BRENNAN: Hicks said that the public contradiction was a personal insult to the Libyan president, because Ambassador Rice – quote, ‘basically said that the president of Libya is either a liar or doesn’t know what he’s talking about. My jaw hit the floor as I watched this.’ He believes that’s why the Libyan government refused to allow the FBI access to the crime scene for several weeks.

Brennan had also singled out the FBI’s pursuit of three persons of interest who could provide information on the attack in Benghazi during a report on Thursday’s CBS This Morning, and touted how “what happened that night is still the topic of debate in Washington“. ABC devoted a news brief to the FBI investigation on Wednesday’s World News, while NBC punted on covering it.
Read more: http://newsbusters.org/blogs/matthew-balan/2013/05/06/cbs-devotes-two-straight-days-coverage-possible-cover-benghazi-abc-nb#ixzz2SeOcSj3V

The Benghazi talking points: What’s known and unknown

Posted by Glenn Kessler

“I wasn’t involved in the talking points process…. As I understand it, as I’ve been told, it was a typical interagency process where staff, including from the State Department, all participated, to try to come up with whatever was going to be made publicly available, and it was an intelligence product.”

— Then-Secretary of State Hillary Rodham Clinton, Jan. 23, 2013

 

New information is raising questions about the development of the administration’s talking points on the deadly attack on the diplomatic facility in Benghazi, Libya, which left four Americans, including the ambassador, dead.

Readers may recall that The Fact Checker concluded that there was something rather odd about U.N. Ambassador Susan E. Rice’s comments on the Sunday news shows shortly after the attack. Rice said the attack “began spontaneously” because of a reaction to a protest in Cairo sparked by a “hateful video,” and there was no indication it was “premeditated or preplanned.”

We awarded her Two Pinocchios the morning after she appeared on the shows, concluding that “the publicly available evidence stands in stark contrast to Rice’s talking points.”

The White House at the time sharply disputed that conclusion, but over time that column has held up rather well. (In an interview with congressional investigators that was released over the weekend, deputy chief of mission Gregory Hicks said “my jaw hit the floor as I watched this.”) Some readers have suggested we should boost the Pinocchio rating for Rice’s comments. Still, it is clear Rice was simply mouthing the words given to her. The bigger mystery now is who was involved in writing — and rewriting — the talking points.

The talking points have become important because, in the midst of President Obama’s reelection campaign, for a number of days they helped focus the journalistic narrative on an anti-Islam video — and away from a preplanned attack. As we noted in our timeline of administration statements, it took two weeks for the White House to formally acknowledge that Obama believed the attack was terrorism.

We also have awarded Pinocchios to Republicans for claims about Benghazi. In this column, as a reader service, we outline below some of the new disclosures, contained in a report by House Republicans and an article in the Weekly Standard, and contrast the new information with previous statements made by administration officials.

The House report contains references to specific e-mails between administration officials; the Weekly Standard then identifies who wrote the e-mails as well as various drafts of the talking points. As far as we know, the administration has not publicly denied the information about the talking points contained in the GOP report or the article.

The key new disclosure is that senior levels of the White House and State Department were closely involved in the rewriting of the talking points. Previously, Obama administration officials had strongly suggested that the talking points were developed almost exclusively by intelligence officials.

Here is White House spokesman Jay Carney speaking to reporters on Nov. 28, 2012:

“Ambassador Rice was using unclassified talking points that were developed by the intelligence community and provided not just to her, not just to the executive branch, but to the legislative branch. And they represented the best assessment by our intelligence professionals about what had happened in Benghazi at that time.”

“The White House and the State Department have made clear that the single adjustment that was made to those talking points by either of those two — of these two institutions were changing the word ‘consulate’ to ‘diplomatic facility,’ because ‘consulate’ was inaccurate. Those talking points originated from the intelligence community. They reflect the IC’s best assessments of what they thought had happened.”

Note how Carney stressed that this was “developed by the intelligence community” and the “talking points originated from the intelligence community.”

In a narrow sense, this is correct. Both the House report and the Weekly Standard say the CIA created — or “originated” — the first draft of the talking points. The version as of Friday morning, Sept. 14, 2012, was rather detailed, saying that “Islamic extremists with ties to al-Qaeda participated in the attack” and mentioning the militant group Ansar al-Sharia. It also referred to previous attacks against foreign interests and the possibility there had been surveillance of the U.S. facility.

But a senior State Department official — identified by the Weekly Standard as State Department spokeswoman Victoria Nuland — objected to this draft after being asked to clear the talking points for release. The CIA made some changes, but apparently that was not enough. Nuland said in an e-mail disclosed by the House report that the edits did not “resolve all my issues or those of my building leadership” and that the State Department’s leadership “was consulting with [National Security Staff.]”

(Update: Reading between the lines, part of State’s concern appears to be inconsistency in messaging. Nuland, as State Department spokesman, had been constrained from saying much about the attack at the podium, and now the CIA was proposing to give lawmakers much more information than the administration had released. Moreover, from State’s perspective, the original draft contained references to CIA’s warnings about the security environment, which appeared designed to deflect attention from the agency’s substantial role in Benghazi.)

Minutes later, a White House official (said to be Ben Rhodes, the deputy national security adviser for strategic communications), who was part of the email group receiving Nuland’s message, e-mailed to say that the State Department’s concerns would need to be addressed and the issue would be resolved at a meeting the next day at the White House.

The result, after the meeting, was a wholesale rewriting of the talking points. The House report says “the actual edits, including deleting all references to al-Qaeda, were made by a current high-ranking CIA official,” which the Weekly Standard identifies as Deputy Director Mike Morell.

Oddly, in November, three GOP senators released a statement saying that Morell had told them that the references to al-Qaeda had been removed by the FBI — but then six hours later the CIA contacted them to say Morell “misspoke” and instead the CIA had actually made those deletions. His own apparent role appears not to have been mentioned.

Morell may have had his hand on the pen, but the available evidence suggests that White House and State Department had much more involvement than the “single adjustment” of changing the word “consulate” to “diplomatic facility,” as Carney asserted.

The biggest unknown is whether the “building leadership” in the State Department that objected to the initial talking points included anyone on Clinton’s immediate staff. (One presumes that nit-picking over wording would not have risen to Clinton’s level.) There is no indication that Nuland had any role in crafting or even discussing the talking points after her email on Friday evening, nor is it clear from the email portions that have been released whether she had actually consulted with other officials before objecting to the draft.

Nuland is expected to be nominated for assistant secretary for European affairs. Lawmakers are likely to question her closely on this point during her confirmation hearings.

Clinton, during her testimony before the Senate and the House in January, made the following comments about the development of the talking points. She also stressed it was an “intelligence product” and said she was not involved in the “talking points process” and she “personally” was not focused on them — odd locutions that leave open the possibility that she was aware of the internal debate at the time.

“I would say that I personally was not focused on talking points. I was focused on keeping our people safe.”

“I wasn’t involved in the talking points process…. As I understand it, as I’ve been told, it was a typical interagency process where staff, including from the State Department, all participated, to try to come up with whatever was going to be made publicly available, and it was an intelligence product.”

“I was not involved in the so-called talking points process. My understanding is it was a typical process, trying to get to the best information available. It was an intelligence product.”

“The evidence was being sifted and analyzed by the intelligence community, which is why the intelligence community was the principal decider about what went into talking points. And there was also the added problem of nobody wanting to say things that would undermine the investigation.”

As more information emerges, we will continue to track how the administration’s statements hold up over time and whether more Pinocchio ratings are appropriate.

http://www.washingtonpost.com/blogs/fact-checker/post/the-benghazi-talking-points-whats-known-and-unknown/2013/05/06/f689ee08-b693-11e2-b94c-b684dda07add_blog.html

Lankford: Either Obama State Dept Ignored Libya Threats, Or Ignored Diplomats’ Please for Protection

US Security Chief in Libya: “State Department Told Us Don’t Continue To Ask For Help”

ISSA OPENING STATEMENT – “The Security Failures of Benghazi”

President Obama’s Complete UN Address (2012)

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Employment Level Still 3 Million Jobs Less Then Peak Level in November 2007 Plus Short 9 Million Jobs For Population Growth in Last 65 Months — 12 Million Job Shortage — Stagflation — DOW hits 15000, NASDAQ hits 12 year high — Buy Low–Sell High — Sell Your U.S. Bonds and Stocks Now — Videos

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sgs-emp

DOW hits 15000, NASDAQ hits 12 year high

May 3rd 2013 CNBC Stock Market Squawk Box (April Jobs Report)

Jobless Rate Falls to Four-Year Low, and More

Jobs Pop, Unemployment Rate Drops

Data extracted on: May 3, 2013 (11:51:32 AM)

Labor Force Statistics from the Current Population Survey

Employment Level

143,579,000

Series Id:           LNS12000000
Seasonally Adjusted
Series title:        (Seas) Employment Level
Labor force status:  Employed
Type of data:        Number in thousands
Age:                 16 years and over

employment_level_April_2013

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
2000 136559(1) 136598 136701 137270 136630 136940 136531 136662 136893 137088 137322 137614
2001 137778 137612 137783 137299 137092 136873 137071 136241 136846 136392 136238 136047
2002 135701 136438 136177 136126 136539 136415 136413 136705 137302 137008 136521 136426
2003 137417(1) 137482 137434 137633 137544 137790 137474 137549 137609 137984 138424 138411
2004 138472(1) 138542 138453 138680 138852 139174 139556 139573 139487 139732 140231 140125
2005 140245(1) 140385 140654 141254 141609 141714 142026 142434 142401 142548 142499 142752
2006 143150(1) 143457 143741 143761 144089 144353 144202 144625 144815 145314 145534 145970
2007 146028(1) 146057 146320 145586 145903 146063 145905 145682 146244 145946 146595 146273
2008 146378(1) 146156 146086 146132 145908 145737 145532 145203 145076 144802 144100 143369
2009 142153(1) 141644 140721 140652 140250 140005 139898 139481 138810 138421 138665 138025
2010 138439(1) 138624 138767 139296 139255 139148 139167 139405 139388 139097 139046 139295
2011 139253(1) 139471 139643 139606 139681 139405 139509 139870 140164 140314 140771 140896
2012 141608(1) 142019 142020 141934 142302 142448 142250 142164 142974 143328 143277 143305
2013 143322(1) 143492 143286 143579
1 : Data affected by changes in population controls.

Civilian Labor Force Level

155,238,000

Series Id:           LNS11000000
Seasonally Adjusted
Series title:        (Seas) Civilian Labor Force Level
Labor force status:  Civilian labor force
Type of data:        Number in thousands
Age:                 16 years and over

civilian_labor_force_level_April_2013

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
2000 142267(1) 142456 142434 142751 142388 142591 142278 142514 142518 142622 142962 143248
2001 143800 143701 143924 143569 143318 143357 143654 143284 143989 144086 144240 144305
2002 143883 144653 144481 144725 144938 144808 144803 145009 145552 145314 145041 145066
2003 145937(1) 146100 146022 146474 146500 147056 146485 146445 146530 146716 147000 146729
2004 146842(1) 146709 146944 146850 147065 147460 147692 147564 147415 147793 148162 148059
2005 148029(1) 148364 148391 148926 149261 149238 149432 149779 149954 150001 150065 150030
2006 150214(1) 150641 150813 150881 151069 151354 151377 151716 151662 152041 152406 152732
2007 153144(1) 152983 153051 152435 152670 153041 153054 152749 153414 153183 153835 153918
2008 154063(1) 153653 153908 153769 154303 154313 154469 154641 154570 154876 154639 154655
2009 154232(1) 154526 154142 154479 154742 154710 154505 154300 153815 153804 153887 153120
2010 153455(1) 153702 153960 154577 154110 153623 153709 154078 153966 153681 154140 153649
2011 153244(1) 153269 153358 153478 153552 153369 153325 153707 154074 154010 154096 153945
2012 154356(1) 154825 154707 154451 154998 155149 154995 154647 155056 155576 155319 155511
2013 155654(1) 155524 155028 155238
1 : Data affected by changes in population controls.

Labor Force Participation Rate

63.3%

Series Id:           LNS11300000
Seasonally Adjusted
Series title:        (Seas) Labor Force Participation Rate
Labor force status:  Civilian labor force participation rate
Type of data:        Percent or rate
Age:                 16 years and over

labor_force_participation_rate

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
2000 67.3 67.3 67.3 67.3 67.1 67.1 66.9 66.9 66.9 66.8 66.9 67.0
2001 67.2 67.1 67.2 66.9 66.7 66.7 66.8 66.5 66.8 66.7 66.7 66.7
2002 66.5 66.8 66.6 66.7 66.7 66.6 66.5 66.6 66.7 66.6 66.4 66.3
2003 66.4 66.4 66.3 66.4 66.4 66.5 66.2 66.1 66.1 66.1 66.1 65.9
2004 66.1 66.0 66.0 65.9 66.0 66.1 66.1 66.0 65.8 65.9 66.0 65.9
2005 65.8 65.9 65.9 66.1 66.1 66.1 66.1 66.2 66.1 66.1 66.0 66.0
2006 66.0 66.1 66.2 66.1 66.1 66.2 66.1 66.2 66.1 66.2 66.3 66.4
2007 66.4 66.3 66.2 65.9 66.0 66.0 66.0 65.8 66.0 65.8 66.0 66.0
2008 66.2 66.0 66.1 65.9 66.1 66.1 66.1 66.1 66.0 66.0 65.9 65.8
2009 65.7 65.8 65.6 65.7 65.7 65.7 65.5 65.4 65.1 65.0 65.0 64.6
2010 64.8 64.9 64.9 65.1 64.9 64.6 64.6 64.7 64.6 64.4 64.6 64.3
2011 64.2 64.2 64.2 64.2 64.2 64.0 64.0 64.1 64.2 64.1 64.1 64.0
2012 63.7 63.9 63.8 63.6 63.8 63.8 63.7 63.5 63.6 63.8 63.6 63.6
2013 63.6 63.5 63.3 63.3

Unemployment Level

11,659,000

Series Id:           LNS13000000
Seasonally Adjusted
Series title:        (Seas) Unemployment Level
Labor force status:  Unemployed
Type of data:        Number in thousands
Age:                 16 years and over

unemployment_level_april_2013

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
2000 5708 5858 5733 5481 5758 5651 5747 5853 5625 5534 5639 5634
2001 6023 6089 6141 6271 6226 6484 6583 7042 7142 7694 8003 8258
2002 8182 8215 8304 8599 8399 8393 8390 8304 8251 8307 8520 8640
2003 8520 8618 8588 8842 8957 9266 9011 8896 8921 8732 8576 8317
2004 8370 8167 8491 8170 8212 8286 8136 7990 7927 8061 7932 7934
2005 7784 7980 7737 7672 7651 7524 7406 7345 7553 7453 7566 7279
2006 7064 7184 7072 7120 6980 7001 7175 7091 6847 6727 6872 6762
2007 7116 6927 6731 6850 6766 6979 7149 7067 7170 7237 7240 7645
2008 7685 7497 7822 7637 8395 8575 8937 9438 9494 10074 10538 11286
2009 12079 12881 13421 13826 14492 14705 14607 14819 15005 15382 15223 15095
2010 15016 15078 15192 15281 14856 14475 14542 14673 14577 14584 15094 14354
2011 13992 13798 13716 13872 13871 13964 13817 13837 13910 13696 13325 13049
2012 12748 12806 12686 12518 12695 12701 12745 12483 12082 12248 12042 12206
2013 12332 12032 11742 11659

Unemployment Rate U-3

7.5%

Series Id:           LNS14000000
Seasonally Adjusted
Series title:        (Seas) Unemployment Rate
Labor force status:  Unemployment rate
Type of data:        Percent or rate
Age:                 16 years and over

unemployment_rate_u3_April_2013

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
2000 4.0 4.1 4.0 3.8 4.0 4.0 4.0 4.1 3.9 3.9 3.9 3.9
2001 4.2 4.2 4.3 4.4 4.3 4.5 4.6 4.9 5.0 5.3 5.5 5.7
2002 5.7 5.7 5.7 5.9 5.8 5.8 5.8 5.7 5.7 5.7 5.9 6.0
2003 5.8 5.9 5.9 6.0 6.1 6.3 6.2 6.1 6.1 6.0 5.8 5.7
2004 5.7 5.6 5.8 5.6 5.6 5.6 5.5 5.4 5.4 5.5 5.4 5.4
2005 5.3 5.4 5.2 5.2 5.1 5.0 5.0 4.9 5.0 5.0 5.0 4.9
2006 4.7 4.8 4.7 4.7 4.6 4.6 4.7 4.7 4.5 4.4 4.5 4.4
2007 4.6 4.5 4.4 4.5 4.4 4.6 4.7 4.6 4.7 4.7 4.7 5.0
2008 5.0 4.9 5.1 5.0 5.4 5.6 5.8 6.1 6.1 6.5 6.8 7.3
2009 7.8 8.3 8.7 9.0 9.4 9.5 9.5 9.6 9.8 10.0 9.9 9.9
2010 9.8 9.8 9.9 9.9 9.6 9.4 9.5 9.5 9.5 9.5 9.8 9.3
2011 9.1 9.0 8.9 9.0 9.0 9.1 9.0 9.0 9.0 8.9 8.6 8.5
2012 8.3 8.3 8.2 8.1 8.2 8.2 8.2 8.1 7.8 7.9 7.8 7.8
2013 7.9 7.7 7.6 7.5

16-19 Years (Teenage) Unemployment Rate

24.1%

Series Id:           LNS14000012
Seasonally Adjusted
Series title:        (Seas) Unemployment Rate – 16-19 yrs.
Labor force status:  Unemployment rate
Type of data:        Percent or rate
Age:                 16 to 19 years

teenage_16_19_unemployment_rate

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
2000 12.7 13.8 13.3 12.6 12.8 12.3 13.4 14.0 13.0 12.8 13.0 13.2
2001 13.8 13.7 13.8 13.9 13.4 14.2 14.4 15.6 15.2 16.0 15.9 17.0
2002 16.5 16.0 16.6 16.7 16.6 16.7 16.8 17.0 16.3 15.1 17.1 16.9
2003 17.2 17.2 17.8 17.7 17.9 19.0 18.2 16.6 17.6 17.2 15.7 16.2
2004 17.0 16.5 16.8 16.6 17.1 17.0 17.8 16.7 16.6 17.4 16.4 17.6
2005 16.2 17.5 17.1 17.8 17.8 16.3 16.1 16.1 15.5 16.1 17.0 14.9
2006 15.1 15.3 16.1 14.6 14.0 15.8 15.9 16.0 16.3 15.2 14.8 14.6
2007 14.8 14.9 14.9 15.9 15.9 16.3 15.3 15.9 15.9 15.4 16.2 16.8
2008 17.8 16.6 16.1 15.9 19.0 19.2 20.7 18.6 19.1 20.0 20.3 20.5
2009 20.7 22.2 22.2 22.2 23.4 24.7 24.3 25.0 25.9 27.1 26.9 26.6
2010 26.0 25.4 26.2 25.5 26.6 26.0 26.0 25.7 25.8 27.2 24.6 25.1
2011 25.5 24.0 24.4 24.7 24.0 24.7 24.9 25.2 24.4 24.1 23.9 22.9
2012 23.4 23.7 25.0 24.9 24.4 23.7 23.9 24.5 23.7 23.7 23.6 23.5
2013 23.4 25.1 24.2 24.1

Average Weeks Unemployed

36.5%

Series Id:           LNS13008275
Seasonally Adjusted
Series title:        (Seas) Average Weeks Unemployed
Labor force status:  Unemployed
Type of data:        Number of weeks
Age:                 16 years and over

average_weeks_unemployed_april_2013

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
2000 13.1 12.6 12.7 12.4 12.6 12.3 13.4 12.9 12.2 12.7 12.4 12.5
2001 12.7 12.8 12.8 12.4 12.1 12.7 12.9 13.3 13.2 13.3 14.3 14.5
2002 14.7 15.0 15.4 16.3 16.8 16.9 16.9 16.5 17.6 17.8 17.6 18.5
2003 18.5 18.5 18.1 19.4 19.0 19.9 19.7 19.2 19.5 19.3 19.9 19.8
2004 19.9 20.1 19.8 19.6 19.8 20.5 18.8 18.8 19.4 19.5 19.7 19.4
2005 19.5 19.1 19.5 19.6 18.6 17.9 17.6 18.4 17.9 17.9 17.5 17.5
2006 16.9 17.8 17.1 16.7 17.1 16.6 17.1 17.1 17.1 16.3 16.2 16.1
2007 16.3 16.7 17.8 16.9 16.6 16.5 17.2 17.0 16.3 17.0 17.3 16.6
2008 17.5 16.9 16.5 16.9 16.6 17.1 17.0 17.7 18.6 19.9 18.9 19.9
2009 19.8 20.1 20.9 21.6 22.4 23.9 25.1 25.3 26.7 27.4 29.0 29.7
2010 30.4 29.8 31.6 33.2 33.9 34.4 33.8 33.6 33.4 34.0 34.1 34.8
2011 37.3 37.4 39.2 38.6 39.5 39.6 40.4 40.3 40.4 38.9 40.7 40.7
2012 40.2 39.9 39.5 39.1 39.6 39.7 38.8 39.3 39.6 39.9 39.7 38.1
2013 35.3 36.9 37.1 36.5

Unemployment Level New Entrants

1,280,000

Series Id:                  LNS13023569
Seasonally Adjusted
Series title:               (Seas) Unemployment Level – New Entrants
Labor force status:         Unemployed
Type of data:               Number in thousands
Age:                        16 years and over
Unemployed entrant status:  New entrants

new_entrants_unemployment_level

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
2000 394 420 429 406 466 427 433 499 415 402 419 490
2001 444 396 378 457 468 467 448 485 473 481 495 515
2002 484 507 538 527 497 549 545 612 536 479 591 535
2003 599 584 630 635 630 661 669 652 686 636 593 693
2004 676 666 631 652 718 649 702 704 695 734 700 702
2005 621 753 712 764 710 650 630 626 607 638 673 633
2006 616 711 636 591 517 646 639 646 612 572 591 586
2007 622 599 615 620 530 640 602 588 668 696 678 679
2008 677 656 704 625 797 786 835 821 815 819 763 803
2009 779 999 874 901 965 1002 1004 1085 1150 1100 1326 1240
2010 1199 1192 1155 1188 1201 1170 1207 1279 1211 1277 1272 1308
2011 1352 1289 1308 1301 1220 1231 1278 1260 1370 1289 1271 1286
2012 1258 1382 1421 1362 1347 1316 1299 1268 1253 1302 1326 1291
2013 1287 1279 1316 1280

Not in Labor Force, Search For Work and Available

2,347,000

Series Id:                       LNU05026642
Not Seasonally Adjusted
Series title:                    (Unadj) Not in Labor Force, Searched For Work and Available
Labor force status:              Not in labor force
Type of data:                    Number in thousands
Age:                             16 years and over
Job desires/not in labor force:  Want a job now
Reasons not in labor force:      Available to work now

not_in_labor_force_april_2013

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
2000 1207 1281 1219 1216 1113 1142 1172 1097 1166 1044 1100 1125 1157
2001 1295 1337 1109 1131 1157 1170 1232 1364 1335 1398 1331 1330 1266
2002 1532 1423 1358 1397 1467 1380 1507 1456 1501 1416 1401 1432 1439
2003 1598 1590 1577 1399 1428 1468 1566 1665 1544 1586 1473 1483 1531
2004 1670 1691 1643 1526 1533 1492 1557 1587 1561 1647 1517 1463 1574
2005 1804 1673 1588 1511 1428 1583 1516 1583 1438 1414 1415 1589 1545
2006 1644 1471 1468 1310 1388 1584 1522 1592 1299 1478 1366 1252 1448
2007 1577 1451 1385 1391 1406 1454 1376 1365 1268 1364 1363 1344 1395
2008 1729 1585 1352 1414 1416 1558 1573 1640 1604 1637 1947 1908 1614
2009 2130 2051 2106 2089 2210 2176 2282 2270 2219 2373 2323 2486 2226
2010 2539 2527 2255 2432 2223 2591 2622 2370 2548 2602 2531 2609 2487
2011 2800 2730 2434 2466 2206 2680 2785 2575 2511 2555 2591 2540 2573
2012 2809 2608 2352 2363 2423 2483 2529 2561 2517 2433 2505 2614 2516
2013 2443 2588 2326 2347

Not in Labor Force, Searched for Work and Available,

Discouraged Reasons For Not Currently Looking

835,000

Series Id:                       LNU05026645
Not Seasonally Adjusted
Series title:                    (Unadj) Not in Labor Force, Searched For Work and Available, Discouraged Reasons For Not Currently Looking
Labor force status:              Not in labor force
Type of data:                    Number in thousands
Age:                             16 years and over
Job desires/not in labor force:  Want a job now
Reasons not in labor force:      Discouragement over job prospects (Persons who believe no job is available.)

not_labor_force_discouraged

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
2000 236 267 258 331 280 309 266 203 253 232 236 269 262
2001 301 287 349 349 328 294 310 337 285 331 328 348 321
2002 328 375 330 320 414 342 405 378 392 359 385 403 369
2003 449 450 474 437 482 478 470 503 388 462 457 433 457
2004 432 484 514 492 476 478 504 534 412 429 392 442 466
2005 515 485 480 393 392 476 499 384 362 392 404 451 436
2006 396 386 451 381 323 481 428 448 325 331 349 274 381
2007 442 375 381 399 368 401 367 392 276 320 349 363 369
2008 467 396 401 412 400 420 461 381 467 484 608 642 462
2009 734 731 685 740 792 793 796 758 706 808 861 929 778
2010 1065 1204 994 1197 1083 1207 1185 1110 1209 1219 1282 1318 1173
2011 993 1020 921 989 822 982 1119 977 1037 967 1096 945 989
2012 1059 1006 865 968 830 821 852 844 802 813 979 1068 909
2013 804 885 803 835

Total Unemployment Rate U-6

13.9%

Series Id:           LNS13327709
Seasonally Adjusted
Series title:        (seas) Total unemployed, plus all marginally attached workers plus total employed part time for economic reasons, as a percent of all civilian labor force plus all marginally attached workers
Labor force status:  Aggregated totals unemployed
Type of data:        Percent or rate
Age:                 16 years and over
Percent/rates:       Unemployed and mrg attached and pt for econ reas as percent of labor force plus marg attached

u6_unemployment_rate

2000 7.1 7.2 7.1 6.9 7.1 7.0 7.0 7.1 7.0 6.8 7.1 6.9
2001 7.3 7.4 7.3 7.4 7.5 7.9 7.8 8.1 8.7 9.3 9.4 9.6
2002 9.5 9.5 9.4 9.7 9.5 9.5 9.6 9.6 9.6 9.6 9.7 9.8
2003 10.0 10.2 10.0 10.2 10.1 10.3 10.3 10.1 10.4 10.2 10.0 9.8
2004 9.9 9.7 10.0 9.6 9.6 9.5 9.5 9.4 9.4 9.7 9.4 9.2
2005 9.3 9.3 9.1 8.9 8.9 9.0 8.8 8.9 9.0 8.7 8.7 8.6
2006 8.4 8.4 8.2 8.1 8.2 8.4 8.5 8.4 8.0 8.2 8.1 7.9
2007 8.4 8.2 8.0 8.2 8.2 8.3 8.4 8.4 8.4 8.4 8.4 8.8
2008 9.2 9.0 9.1 9.2 9.7 10.1 10.5 10.8 11.0 11.8 12.6 13.6
2009 14.2 15.1 15.7 15.9 16.4 16.5 16.5 16.7 16.7 17.1 17.1 17.1
2010 16.7 17.0 17.0 17.1 16.6 16.5 16.5 16.5 16.8 16.7 16.9 16.6
2011 16.2 16.0 15.8 16.0 15.8 16.1 16.0 16.1 16.3 16.0 15.5 15.2
2012 15.1 15.0 14.5 14.5 14.8 14.8 14.9 14.7 14.7 14.5 14.4 14.4
2013 14.4 14.3 13.8 13.9

Background Articles and Videos

Employment Situation Summary

Transmission of material in this release is embargoed                   USDL-13-0785
until 8:30 a.m. (EDT) Friday, May 3, 2013

Technical information:
 Household data:       (202) 691-6378  *  cpsinfo@bls.gov  *  www.bls.gov/cps
 Establishment data:   (202) 691-6555  *  cesinfo@bls.gov  *  www.bls.gov/ces

Media contact:         (202) 691-5902  *  PressOffice@bls.gov

                       THE EMPLOYMENT SITUATION -- APRIL 2013

Total nonfarm payroll employment rose by 165,000 in April, and the unemployment 
rate was little changed at 7.5 percent, the U.S. Bureau of Labor Statistics 
reported today. Employment increased in professional and business services, 
food services and drinking places, retail trade, and health care.

Household Survey Data

The unemployment rate, at 7.5 percent, changed little in April but has 
declined by 0.4 percentage point since January. The number of unemployed 
persons, at 11.7 million, was also little changed over the month; however, 
unemployment has decreased by 673,000 since January. (See table A-1.)

Among the major worker groups, the unemployment rate for adult women
(6.7 percent) declined in April, while the rates for adult men (7.1
percent), teenagers (24.1 percent), whites (6.7 percent), blacks (13.2
percent), and Hispanics (9.0 percent) showed little or no change. The
jobless rate for Asians was 5.1 percent (not seasonally adjusted),
little changed from a year earlier. (See tables A-1, A-2, and A-3.)

In April, the number of long-term unemployed (those jobless for 27
weeks or more) declined by 258,000 to 4.4 million; their share of the
unemployed declined by 2.2 percentage points to 37.4 percent. Over the
past 12 months, the number of long-term unemployed has decreased by
687,000, and their share has declined by 3.1 percentage points. (See
table A-12.)

The civilian labor force participation rate was 63.3 percent in April,
unchanged over the month but down from 63.6 percent in January. The
employment-population ratio, 58.6 percent, was about unchanged over
the month and has shown little movement, on net, over the past year.
(See table A-1.)

In April, the number of persons employed part time for economic
reasons (sometimes referred to as involuntary part-time workers)
increased by 278,000 to 7.9 million, largely offsetting a decrease in
March. These individuals were working part time because their hours
had been cut back or because they were unable to find a full-time job.
(See table A-8.)

In April, 2.3 million persons were marginally attached to the labor
force, essentially unchanged from a year earlier. (The data are not
seasonally adjusted.) These individuals were not in the labor force,
wanted and were available for work, and had looked for a job sometime
in the prior 12 months. They were not counted as unemployed because
they had not searched for work in the 4 weeks preceding the survey.
(See table A-16.)

Among the marginally attached, there were 835,000 discouraged workers
in April, down by 133,000 from a year earlier. (The data are not
seasonally adjusted.) Discouraged workers are persons not currently
looking for work because they believe no jobs are available for them.
The remaining 1.5 million persons marginally attached to the labor
force in April had not searched for work in the 4 weeks preceding the
survey for reasons such as school attendance or family responsibilities. 
(See table A-16.)

Establishment Survey Data

Total nonfarm payroll employment increased by 165,000 in April, with
job gains in professional and business services, food services and
drinking places, retail trade, and health care. Over the prior 12
months, employment growth averaged 169,000 per month. (See table B-1.)

Professional and business services added 73,000 jobs in April and has
added 587,000 jobs over the past year. In April, employment rose in
temporary help services (+31,000), professional and technical services
(+23,000), and management of companies (+7,000).

Within leisure and hospitality, employment in food services and
drinking places rose by 38,000 over the month. Job growth in the food
services industry averaged 25,000 per month over the prior 12 months.

Retail trade employment increased by 29,000 in April. The industry
added an average of 21,000 jobs per month over the prior 12 months. In
April, job growth occurred in general merchandise stores (+15,000) and
in health and personal care stores (+5,000).

Health care added 19,000 jobs in April. Within the industry, employment 
rose in ambulatory health care services (+14,000). Over the prior 12 
months, job growth in health care averaged 24,000 per month. In April, 
employment also continued its upward trend in social assistance (+7,000).

Employment changed little over the month in construction, with small
offsetting movements in the residential and nonresidential components.
Construction gained an average of 27,000 jobs per month over the prior 
6 months. Manufacturing employment was unchanged in April.

Employment in other major industries, including mining and logging,
wholesale trade, transportation and warehousing, financial activities,
and government, showed little change over the month.

The average workweek for all employees on private nonfarm payrolls
decreased by 0.2 hour in April to 34.4 hours. Within manufacturing, 
the workweek decreased by 0.1 hour to 40.7 hours, and overtime declined 
by 0.1 hour to 3.3 hours. The average workweek for production and
nonsupervisory employees on private nonfarm payrolls decreased by 0.1
hour to 33.7 hours. (See tables B-2 and B-7.)

In April, average hourly earnings for all employees on private nonfarm
payrolls rose by 4 cents to $23.87. Over the year, average hourly
earnings have risen by 45 cents, or 1.9 percent. In April, average
hourly earnings of private-sector production and nonsupervisory
employees edged up by 2 cents to $20.06. (See tables B-3 and B-8.)

The change in total nonfarm payroll employment for February was
revised from +268,000 to +332,000, and the change for March was
revised from +88,000 to +138,000. With these revisions, employment
gains in February and March combined were 114,000 higher than
previously reported.

____________
The Employment Situation for May is scheduled to be released on
Friday, June 7, 2013, at 8:30 a.m. (EDT).

Employment Situation Summary Table A. Household data, seasonally adjusted

HOUSEHOLD DATA
Summary table A. Household data, seasonally adjusted
[Numbers in thousands]

CategoryApr.
2012Feb.
2013Mar.
2013Apr.
2013Change from:
Mar.
2013-
Apr.
2013Employment status Civilian noninstitutional population242,784244,828244,995245,175180Civilian labor force154,451155,524155,028155,238210Participation rate63.663.563.363.30.0Employed141,934143,492143,286143,579293Employment-population ratio58.558.658.558.60.1Unemployed12,51812,03211,74211,659-83Unemployment rate8.17.77.67.5-0.1Not in labor force88,33289,30489,96789,936-31 Unemployment rates Total, 16 years and over8.17.77.67.5-0.1Adult men (20 years and over)7.57.16.97.10.2Adult women (20 years and over)7.47.07.06.7-0.3Teenagers (16 to 19 years)24.925.124.224.1-0.1White7.46.86.76.70.0Black or African American13.113.813.313.2-0.1Asian (not seasonally adjusted)5.26.15.05.1-Hispanic or Latino ethnicity10.39.69.29.0-0.2 Total, 25 years and over6.86.36.26.1-0.1Less than a high school diploma12.511.211.111.60.5High school graduates, no college7.97.97.67.4-0.2Some college or associate degree7.56.76.46.40.0Bachelor’s degree and higher4.03.83.83.90.1 Reason for unemployment Job losers and persons who completed temporary jobs6,8806,5226,3296,41081Job leavers989956986864-122Reentrants3,3363,3403,1763,151-25New entrants1,3621,2791,3161,280-36 Duration of unemployment Less than 5 weeks2,5672,6672,4642,474105 to 14 weeks2,8412,7822,8382,8481015 to 26 weeks1,9841,6951,7371,96723027 weeks and over5,0404,7974,6114,353-258 Employed persons at work part time Part time for economic reasons7,8967,9887,6387,916278Slack work or business conditions5,2105,1364,9065,129223Could only find part-time work2,3932,5782,5762,527-49Part time for noneconomic reasons18,86818,90818,74518,908163 Persons not in the labor force (not seasonally adjusted) Marginally attached to the labor force2,3632,5882,3262,347-Discouraged workers968885803835– Over-the-month changes are not displayed for not seasonally adjusted data.
NOTE: Persons whose ethnicity is identified as Hispanic or Latino may be of any race. Detail for the seasonally adjusted data shown in this table will not necessarily add to totals because of the independent seasonal adjustment of the various series. Updated population controls are introduced annually with the release of January data.

Employment Situation Summary Table B. Establishment data, seasonally adjusted

ESTABLISHMENT DATA
Summary table B. Establishment data, seasonally adjusted
Category Apr.
2012
Feb.
2013
Mar.
2013(p)
Apr.
2013(p)
EMPLOYMENT BY SELECTED INDUSTRY
(Over-the-month change, in thousands)
Total nonfarm 112 332 138 165
Total private 120 319 154 176
Goods-producing 6 75 15 -9
Mining and logging 0 4 0 -3
Construction -4 48 13 -6
Manufacturing 10 23 2 0
Durable goods(1) 8 12 7 1
Motor vehicles and parts 1.0 6.4 4.1 2.4
Nondurable goods 2 11 -5 -1
Private service-providing(1) 114 244 139 185
Wholesale trade 13.2 4.7 2.9 4.1
Retail trade 30.4 25.8 -3.9 29.3
Transportation and warehousing -15.1 -5.3 -6.7 4.2
Information 0 18 2 -9
Financial activities 5 15 5 9
Professional and business services(1) 45 93 64 73
Temporary help services 14.7 27.5 25.5 30.8
Education and health services(1) 22 31 46 28
Health care and social assistance 20.7 37.0 26.5 26.1
Leisure and hospitality 14 63 38 43
Other services 0 -1 -8 4
Government -8 13 -16 -11
WOMEN AND PRODUCTION AND NONSUPERVISORY EMPLOYEES(2)
AS A PERCENT OF ALL EMPLOYEES
Total nonfarm women employees 49.4 49.3 49.3 49.3
Total private women employees 47.8 47.8 47.8 47.9
Total private production and nonsupervisory employees 82.6 82.6 82.6 82.6
HOURS AND EARNINGS
ALL EMPLOYEES
Total private
Average weekly hours 34.5 34.5 34.6 34.4
Average hourly earnings $23.42 $23.82 $23.83 $23.87
Average weekly earnings $807.99 $821.79 $824.52 $821.13
Index of aggregate weekly hours (2007=100)(3) 96.3 97.9 98.3 97.9
Over-the-month percent change 0.1 0.5 0.4 -0.4
Index of aggregate weekly payrolls (2007=100)(4) 107.6 111.2 111.7 111.5
Over-the-month percent change 0.2 0.7 0.4 -0.2
HOURS AND EARNINGS
PRODUCTION AND NONSUPERVISORY EMPLOYEES
Total private
Average weekly hours 33.7 33.8 33.8 33.7
Average hourly earnings $19.72 $20.03 $20.04 $20.06
Average weekly earnings $664.56 $677.01 $677.35 $676.02
Index of aggregate weekly hours (2002=100)(3) 103.6 105.6 105.7 105.5
Over-the-month percent change 0.1 0.9 0.1 -0.2
Index of aggregate weekly payrolls (2002=100)(4) 136.4 141.2 141.4 141.3
Over-the-month percent change 0.3 1.1 0.1 -0.1
DIFFUSION INDEX(5)
(Over 1-month span)
Total private (266 industries) 58.3 61.7 56.2 53.9
Manufacturing (81 industries) 54.9 56.8 51.9 44.4
Footnotes
(1) Includes other industries, not shown separately.
(2) Data relate to production employees in mining and logging and manufacturing, construction employees in construction, and nonsupervisory employees in the service-providing industries.
(3) The indexes of aggregate weekly hours are calculated by dividing the current month’s estimates of aggregate hours by the corresponding annual average aggregate hours.
(4) The indexes of aggregate weekly payrolls are calculated by dividing the current month’s estimates of aggregate weekly payrolls by the corresponding annual average aggregate weekly payrolls.
(5) Figures are the percent of industries with employment increasing plus one-half of the industries with unchanged employment, where 50 percent indicates an equal balance between industries with increasing and decreasing employment.
(p) Preliminary
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Ben Bernanke Boom Bubble Blower Busted By The Bubble Film — Videos

Posted on May 1, 2013. Filed under: American History, Banking, Blogroll, Business, College, Communications, Diasters, Economics, Education, Employment, Federal Government, Federal Government Budget, Fiscal Policy, Food, Foreign Policy, government, government spending, history, History of Economic Thought, Homes, Inflation, Investments, Language, Law, liberty, Life, Links, Literacy, Macroeconomics, Math, media, Microeconomics, Monetary Policy, Money, People, Philosophy, Politics, Rants, Raves, Taxes, Technology, Transportation, Unemployment, Video, War, Wealth, Wisdom | Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |

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Federal_funds_rate

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Fed-Reserve-Balance-Sheet

fed-balance-sheet-2016

fed-dollars-2003-2012

cpi_changes

alt-cpi-home2

sgs-cpi

burstbubble

Ben Bernanke Is The Most Dangerous Man In US History

BREAKING 2013 Economic Collapse Peter Schiff

The Bubble film official trailer

Raw footage of Jim Rogers interview – The Bubble film

Raw Footage of Doug Casey Interview from The Bubble

Raw footage of Jim Grant interview from The Bubble film

Raw footage of Peter Schiff Interview from The Bubble

The Bubble – Raw footage of Marc Faber interview

Raw Footage of Peter Wallison Interview from The Bubble

Raw Footage of Joseph Salerno Interview from The Bubble

Raw Footage of Robert Murphy interview from The Bubble

Raw footage of Roger Garrison Interview from The Bubble

Raw footage of Ron Paul interview from The Bubble film

The Bubble film panel at Freedom Fest 2012

U.S. Debt Clock

http://www.usdebtclock.org/

Background Articles and Videos

The American Dream By The Provocateur Network

Slow “growth”,GDP makeover, Keynesians demand more debt and inflation

The Fed, Ben Bernanke & the Economy (4/30/13)

Coming Economic Collapse Peter Schiff RT America

Austrian Theory of the Trade Cycle | Roger W. Garrison

Tom Woods Discusses his New Documentary, The Bubble

Director of “The Bubble” Jimmy Morrison interview with ManifestLiberty.com Part 1/2

Director of “The Bubble” Jimmy Morrison interview with ManifestLiberty.com Part 2/2

Fed Keeps Interest Rates Low, Continues Bond Buying Program

The Federal Reserve held fast to its ultra-accommodative monetary policy Wednesday, solidified by what board members described as an economy weakened by fiscal policy.

Interest rates will remain at historically low levels while the U.S. central bank will not alter its $85 billion a month asset purchasing program, the Fed’s Open Markets Committee decided at this week’s meeting.

While recent meetings have been remarkable for signs of dissent over the long-standing Fed policy, the sentiment this month turned towards concerns about “downside risks” to growth, though the FOMC made no mention of the recent set of weak economic data.

The Federal Reserve held fast to its ultra-accommodative monetary policy Wednesday, solidified by what board members described as an economy weakened by fiscal policy.

Interest rates will remain at historically low levels while the U.S. central bank will not alter its $85 billion a month asset purchasing program, the Fed’s Open Markets Committee decided at this week’s meeting.

While recent meetings have been remarkable for signs of dissent over the long-standing Fed policy, the sentiment this month turned towards concerns about “downside risks” to growth, though the FOMC made no mention of the recent set of weak economic data.

While stocks have soared to new highs, the economy remains in slow-growth mode as it has throughout Chairman Ben Bernanke’s term, which began just before the onset of the financial crisis.

The stock market reacted little to the 2 pm news, maintaining an earlier selloff spurred over jobs fears.

Fed officials have long bemoaned Washington fiscal policy, with Congress and the White House in a continued stalemate that has resulted in a raft of mandated tax increases and spending cuts known as the sequester.

The May FOMC statement kept up the heat.

“Household spending and business fixed investment advanced, and the housing sector has strengthened further, but fiscal policy is restraining economic growth,” the statement said.

The Fed’s decision came the same day as a report on private payrolls fell well below expectations, indicating just 119,000 new jobs created, a seven-month low.

While critics worry about inflation, the Fed continued to conclude that “expectations have remained stable.”

The Fed has vowed to keep interest rates exceptionally low until unemployment falls to 6.5 percent from its current 7.6 percent and until inflation reaches 2.5 percent from its current 1.5 percent.

-By CNBC.com Senior Writer Jeff Cox.

http://www.cnbc.com/id/100695681

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Secretary Lew Opposes Proposed Congress’ New Law That Prioritizes Payments of Treasury Securities — Videos

Posted on April 30, 2013. Filed under: American History, Blogroll, Business, College, Communications, Economics, Education, Federal Government, Federal Government Budget, Fiscal Policy, government, government spending, history, Inflation, Investments, Law, liberty, Life, Links, media, People, Philosophy, Politics, Rants, Raves, Tax Policy, Taxes, Video, Water, Wisdom | Tags: , |

Rep. Yoder questions Treasury Sec. Lew

Treasury Chief Warns of New World If US Defaults on Any Bills

The United States might run into trouble accessing debt markets if it defaulted on any of its financial obligations, even if it were able to keep up payments on government bonds, Treasury Secretary Jack Lew told Congress.

Lew was responding to questions about a bill in the U.S. House of Representatives that would prioritize payments on government bonds and Social Security if the United States hits its debt limit, in order to avoid a credit default.

If passed, the law would make it easier for Republicans to use a fight over the nation’s legal borrowing limit, known as the debt ceiling, to try to extract spending cuts from President Barack Obama.

“The thing I would urge you to consider is, you enter a world we’ve never been in once the United States is not meeting its obligations,” Lew told a House subcommittee. “We cannot assume markets will function in an orderly way if that (happens).”

The current suspension of the debt limit expires on May 19, although the Treasury can use emergency cash-management measures to push off the day of reckoning into August. The date could fall even further in the future given unexpectedly strong tax revenues and the possibility of a big payment to the Treasury from housing finance giants Fannie Mae and Freddie Mac.

Lew has said it is impossible to try to pinpoint when exactly the use of these emergency maneuvers would be exhausted due to a delayed tax filing season and uncertainty about the effect of steep government spending cuts known as the sequester.

Once the United States reaches its debt limit, the government faces the prospect of defaulting on financial obligations, and potentially its debt, which could shake up markets and damage the economy.

Staff at the International Monetary Fund warned that failure to smoothly raise the U.S. debt ceiling could do serious damage to the global economy.

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The Coming U.S. Stock and Bond Market Crash of 2013-2014 — The Stock and Bond Big Bubble Burst — Central Banks Buying Gold! — Videos

Posted on April 27, 2013. Filed under: American History, Banking, Blogroll, Books, Business, College, Communications, Computers, Constitution, Crime, Demographics, Diasters, Economics, Education, Employment, Energy, European History, Federal Government, Federal Government Budget, Fiscal Policy, government, government spending, Health Care, history, History of Economic Thought, Immigration, Inflation, Investments, Law, liberty, Life, Links, Literacy, Macroeconomics, media, Microeconomics, Monetary Policy, Money, People, Philosophy, Politics, Private Sector, Public Sector, Radio, Rants, Raves, Regulations, Resources, Security, Strategy, Talk Radio, Tax Policy, Taxes, Technology, Television, Transportation, Unemployment, Unions, Video, War, Wealth, Wisdom | Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |

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BREAKING 2013 Economic Collapse Peter Schiff

Overdose: The Next Financial Crisis

David Stockman: We’re in a Monetary Fantasy Land

Ben Bernanke Is The Most Dangerous Man In US History

US BOND BUBBLE’S READY TO BURST!

Max Keiser: Propped Up Bond Market Set To Burst In April

U.S. Government Bond Bubble to Burst, Faber Says 

James Grant and James Turk discuss gold, the Fed and the fiscal situation of the USA

USA Will Die – Economic Collapse 2013 – Jim Rogers

JIM ROGERS – 2013 to Be Bad, ‘God Knows What Will Happen in 2014′

Jim Rogers Predicts Global Depression In 2013-2014

Peter Schiff on Max Keiser – Stopping the Global Financial Crisis

Keiser Report: Psyops & Debt Diets

Max Keiser: Will the next crash be on Bonds?

MAX KEISER: Colossal Collapse Coming! Keiser Report

MAX KEISER: Colossal Collapse Coming! Keiser Report

ALEX JONES & Max Keiser 2013, Year of The GREAT CRASH!

Peter Schiff – Dollar Could Collapse This Fall 2013

Peter Schiff – Economic Collapse 2013

Fed Will Keep Printing Until The Dollar Collapses~ Jim Rickards

Jim Rickards  Gold is Money ($7,000 Gold Price)

James Rickards Predicts US Inflation in 2013 due to the Devaluation of the US dollar

Currency Wars: Jim Rickards

Financial Pearl Harbor’ is a Real Threat Warns a Pentagon Adviser

CNBC Global Recession Is Coming – Marc Faber

Dr. Marc Faber – US is in 50-100 trillion worth of debt!

Marc Faber ‘We Are in the End Game’ Part 1

Marc Faber  ‘We Are in the End Game Part 2

Marc Faber – We Could See a 1987-Like Market Crash – Be Prepared and Get OUT!

Marc Faber-No Government Complies With Anything

Total Economic Collapse, Death of the Dollar, Impovershment, WWIII, Marc Faber Interview

Gerald Celente Deal Or No Debt Deal, The Debt Still Exists

Bill Gross: Economy Faces Structural Headwinds, “I Think We Are Facing Bubbles Almost Everywhere”

ECONOMIC CRASH WORLDWIDE STARTING

Harry Dent predicts global economic crash in 2013

Planned Economic Collapse 2013-2014

Background Articles and Videos

Meltdown (pt 1-4) The Secret History of the Global Financial Collapse 2010

Meltdown (pt 2-4) The Secret History of the Global Financial Collapse 2010

Meltdown (pt 3-4) The Secret History of the Global Financial Collapse.2010 

Meltdown – pt 4-4 The Secret History of the Global Financial Collapse (2010) 

The Fall of Lehman Brothers

Goldman Sachs: Power and Peril – Documentary

The Ascent of Money: A Financial History of The World by Niall Ferguson Epsd. 1-5 (Full Documentary)

The Fall of the Dollar – The Death of a Fiat Currency part 1

The Fall of the Dollar – The Death of a Fiat Currency part 2

The First 12 Hours of a US Dollar Collapse

LIFE HIDDEN TRUTH 2013 GLOBAL FINANCIAL CRISIS

 

Billionaires Dumping Stocks, Economist Knows Why

 

Despite the 6.5% stock market rally over the last three months, a handful of billionaires are quietly dumping their American stocks . . . and fast.

Warren Buffett, who has been a cheerleader for U.S. stocks for quite some time, is dumping shares at an alarming rate. He recently complained of “disappointing performance” in dyed-in-the-wool American companies like Johnson & Johnson, Procter & Gamble, and Kraft Foods.

In the latest filing for Buffett’s holding company Berkshire Hathaway, Buffett has been drastically reducing his exposure to stocks that depend on consumer purchasing habits. Berkshire sold roughly 19 million shares of Johnson & Johnson, and reduced his overall stake in “consumer product stocks” by 21%. Berkshire Hathaway also sold its entire stake in California-based computer parts supplier Intel.

With 70% of the U.S. economy dependent on consumer spending, Buffett’s apparent lack of faith in these companies’ future prospects is worrisome.

Unfortunately Buffett isn’t alone.

Fellow billionaire John Paulson, who made a fortune betting on the subprime mortgage meltdown, is clearing out of U.S. stocks too. During the second quarter of the year, Paulson’s hedge fund, Paulson & Co., dumped 14 million shares of JPMorgan Chase. The fund also dumped its entire position in discount retailer Family Dollar and consumer-goods maker Sara Lee.

Finally, billionaire George Soros recently sold nearly all of his bank stocks, including shares of JPMorgan Chase, Citigroup, and Goldman Sachs. Between the three banks, Soros sold more than a million shares.

So why are these billionaires dumping their shares of U.S. companies?

After all, the stock market is still in the midst of its historic rally. Real estate prices have finally leveled off, and for the first time in five years are actually rising in many locations. And the unemployment rate seems to have stabilized.

It’s very likely that these professional investors are aware of specific research that points toward a massive market correction, as much as 90%.

One such person publishing this research is Robert Wiedemer, an esteemed economist and author of the New York Times best-selling book Aftershock.

Editor’s Note: Wiedemer Gives Proof for His Dire Predictions in This Shocking Interview.

Before you dismiss the possibility of a 90% drop in the stock market as unrealistic, consider Wiedemer’s credentials.

In 2006, Wiedemer and a team of economists accurately predicted the collapse of the U.S. housing market, equity markets, and consumer spending that almost sank the United States. They published their research in the book America’s Bubble Economy.

The book quickly grabbed headlines for its accuracy in predicting what many thought would never happen, and quickly established Wiedemer as a trusted voice.

A columnist at Dow Jones said the book was “one of those rare finds that not only predicted the subprime credit meltdown well in advance, it offered Main Street investors a winning strategy that helped avoid the forty percent losses that followed . . .”

The chief investment strategist at Standard & Poor’s said that Wiedemer’s track record “demands our attention.”

And finally, the former CFO of Goldman Sachs said Wiedemer’s “prescience in (his) first book lends credence to the new warnings. This book deserves our attention.”

In the interview for his latest blockbuster Aftershock, Wiedemer says the 90% drop in the stock market is “a worst-case scenario,” and the host quickly challenged this claim.

Wiedemer calmly laid out a clear explanation of why a large drop of some sort is a virtual certainty.

It starts with the reckless strategy of the Federal Reserve to print a massive amount of money out of thin air in an attempt to stimulate the economy.

“These funds haven’t made it into the markets and the economy yet. But it is a mathematical certainty that once the dam breaks, and this money passes through the reserves and hits the markets, inflation will surge,” said Wiedemer.

“Once you hit 10% inflation, 10-year Treasury bonds lose about half their value. And by 20%, any value is all but gone. Interest rates will increase dramatically at this point, and that will cause real estate values to collapse. And the stock market will collapse as a consequence of these other problems.”

Read Latest Breaking News from Newsmax.com http://www.moneynews.com/MKTNews/billionaires-dump-economist-stock/2012/08/29/id/450265?PROMO_CODE=110D8-1&utm_source=taboola#ixzz2RhO2R5ey
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http://www.moneynews.com/MKTNews/billionaires-dump-economist-stock/2012/08/29/id/450265?PROMO_CODE=110D8-1&utm_source=taboola

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2.5% First Quarter 2013 Real Annual Growth in Gross Domestic Product (GDP) — Stagflation — Government GDP Calculation of Investment To Include Intangibles R&D — Videos

Posted on April 26, 2013. Filed under: American History, Blogroll, Business, College, Communications, Economics, Education, Employment, Federal Government, Federal Government Budget, Fiscal Policy, government, government spending, history, History of Economic Thought, Investments, Law, liberty, Life, Links, Literacy, Macroeconomics, media, Microeconomics, People, Philosophy, Politics, Raves, Talk Radio, Tax Policy, Taxes, Technology, Unions, Video, War, Wisdom | Tags: , , , , , , , |

gdp_large

Ken Langone: Regulation Biggest Issue Hurting U.S. Economy

April 26 (Bloomberg) — Ken Langone, founder & CEO at Invemed Associates, talks with Bloomberg’s Erik Schatzker and Sara Eisen about first-quarter U.S. GDP, the impact of regulations and the anti-business stance of the Obama Administration. He speaks on Bloomberg Television’s “Market Makers.”

Peter Schiff We re in Depression, Dollar Crisis Coming

[

GDP Propaganda Exposed

Data shift to lift US economy 3%

By Robin Harding in Washington

The US economy will officially become 3 per cent bigger in July as part of a shake-up that will see government statistics take into account 21st century components such as film royalties and spending on research and development.

Billions of dollars of intangible assets will enter the gross domestic product of the world’s largest economy in a revision aimed at capturing the changing nature of US output.

Brent Moulton, who manages the national accounts at the Bureau of Economic Analysis, told the Financial Times that the update was the biggest since computer software was added to the accounts in 1999.

“We are carrying these major changes all the way back in time – which for us means to 1929 – so we are essentially rewriting economic history,” said Mr Moulton.

The changes will affect everything from the measured GDP of different US states to the stability of the inflation measure targeted by the Federal Reserve. They will force economists to revisit policy debates about everything from corporate profits to the causes of economic growth.

The revision, equivalent to adding a country as big as Belgium to the estimated size of the world economy, will make the US one of the first adopters of a new international standard for GDP accounting.

“We’re capitalising research and development and also this category referred to as entertainment, literary and artistic originals, which would be things like motion picture originals, long-lasting television programmes, books and sound recordings,” said Mr Moulton.

At present, R&D counts as a cost of doing business, so the final output of Apple iPads is included in GDP but the research done to create them is not. R&D will now count as an investment, adding a bit more than 2 per cent to the measured size of the economy.

GDP will soar in small states that host a lot of military R&D, but barely change in others, widening measured income gaps across the US. R&D is expected to boost the GDP of New Mexico by 10 per cent and Maryland by 6 per cent while Louisiana will see an increase of just 0.6 per cent.

Creative works are expected to add a further 0.5 per cent to the overall size of the US economy. Around one-third of that will come from movies, one-third from TV programmes, and one-third from books, music and theatre.

Deficits in defined benefit pension schemes will also be included because what companies have promised to pay out will be measured, rather than the cash they pay into plans.

“We will now show a liability for underfunded plans, which particularly has large ramifications for the government sector, where both at the state level and the federal level we have large underfunded plans,” said Mr Moulton.

The changes are in addition to a comprehensive revision of the national accounts that takes place every five years based on an economic census of nearly 4m US businesses.

Steve Landefeld, BEA director, said it was hard to predict the overall outcome given the mixture of new methodology and data updates. “What’s going to happen when you mix it with the new source data from the economic census . . . I don’t know,” he said.

But he said the revisions were unlikely to alter the picture of what has happened to the economy in recent years. “I wouldn’t be looking for large changes in trends or cycles.”

http://www.ft.com/cms/s/0/52d23fa6-aa98-11e2-bc0d-00144feabdc0.html#axzz2Rb5G6QBg

US GDP Will Be Revised Higher By $500 Billion Following Addition Of “Intangibles” To Economy

Submitted by Tyler Durden

Those who have been following the US debt to GDP ratio now that the US officially does not have a debt ceiling indefinitely, may have had the occasional panic attack seeing how this country’s leverage ratio is rapidly approaching that of a Troika case study of a PIIG in complete failure. And at 107% debt/GDP no explanations are necessary. Luckily, the official gatekeepers of America’s economic growth (with decimal point precision), the Bureau of Economic Analysis have a plan on how to make the US economy, which is now growing at an abysmal 1.5% annualized pace, or about 5 times slower than US debt growing at 7.5% annually, catch up: magically make up a number out of thin air, and add it to the total. And it literally is out of thin air: according to the FT the addition will constitute of a one-time addition of intangibles, amounting to 3% of total US GDP, or more than the size of Belgium at $500 billion, to the US economy.

From FT:

The US economy will officially become 3 per cent bigger in July as part of a shake-up that will see government statistics take into account 21st century components such as film royalties and spending on research and development.

Billions of dollars of intangible assets will enter the gross domestic product of the world’s largest economy in a revision aimed at capturing the changing nature of US output.

Brent Moulton, who manages the national accounts at the Bureau of Economic Analysis, told the Financial Times that the update was the biggest since computer software was added to the accounts in 1999.

“We are carrying these major changes all the way back in time – which for us means to 1929 – so we are essentially rewriting economic history,” said Mr Moulton.

What exactly will constitute GDP growth going forward? In a word, intangibles: films, books, magazines and iTunes songs.

“We’re capitalising research and development and also this category referred to as entertainment, literary and artistic originals, which would be things like motion picture originals, long-lasting television programmes, books and sound recordings,” said Mr Moulton.

At present, R&D counts as a cost of doing business, so the final output of Apple iPads is included in GDP but the research done to create them is not. R&D will now count as an investment, adding a bit more than 2 per cent to the measured size of the economy.

Nothing like adding intangibles in the fluid, ever-changing definition of what constitutes an economy.

Naturally, the only reason for this artificial “boost” to the US economy which apparently can be any old arbitrary number agreed upon by a few accountants, and which always goes up post revision, never down, is to make US debt/GDP under 100% once again, if only very briefly. Surely a few months later something else can be “added” to GDP making the US economy appear better than it is once more.

Finally, all of the above is a distraction for idiots.

As most people should know by know (this logically excludes economists), the only factor leading to economic “growth” is the expansion of liabilities of the financial system, whereby new credit (in a healthy environment, not one centrally-planned by several Princeton real-world rejects, where the central bank is forced to create all credit expansion with money that never leaves the banks and the capital markets closed loop) creates new money, creates demand for products and services, and circulates in the economy.

This can be seen in the chart below which shows the nearly perfect correlation between total bank liabilities in the US, as per the Fed’s Flow Of Funds report, and total US GDP.

Bottom line: the BEA can capitalize air consumption if it thinks it will make US GDP soar, but unless new credit and bank liabilities are created not due to forced supply but demand, and unless the private financial sector is finally willing to start lending money (which for the entire duration of QE it has not) US growth will stall and then proceed to decline.

Case in point: total US commerical bank loans are still lower than they were the day Lehman filed.

In other words, all the GDP “growth” since the Lehman failure has come on the back of money “created” by the Fed.

And there are still those who think the Fed will ever unwind…

http://www.zerohedge.com/news/2013-04-21/us-gdp-will-be-revised-higher-500-billion-following-addition-intangibles-economy

EMBARGOED UNTIL RELEASE AT 8:30 A.M. EDT, FRIDAY, APRIL 26, 2013
BEA 13-18

* See the navigation bar at the right side of the news release text for links to data tables,
contact personnel and their telephone numbers, and supplementary materials.

Lisa S. Mataloni: (202) 606-5304 (GDP) gdpniwd@bea.gov
Recorded message: (202) 606-5306
Jeannine Aversa: (202) 606-2649 (News Media)
National Income and Product Accounts
Gross Domestic Product, First Quarter 2013 (advance estimate)
      Real gross domestic product -- the output of goods and services produced by labor and property
located in the United States -- increased at an annual rate of 2.5 percent in the first quarter of 2013 (that
is, from the fourth quarter to the first quarter), according to the "advance" estimate released by the
Bureau of Economic Analysis.  In the fourth quarter, real GDP increased 0.4 percent.

      The Bureau emphasized that the first-quarter advance estimate released today is based on source
data that are incomplete or subject to further revision by the source agency (see the box on page 3 and
"Comparisons of Revisions to GDP" on page 5).  The "second" estimate for the first quarter, based on
more complete data, will be released on May 30, 2013.

      The increase in real GDP in the first quarter primarily reflected positive contributions from
personal consumption expenditures (PCE), private inventory investment, exports, residential investment,
and nonresidential fixed investment that were partly offset by negative contributions from federal
government spending and state and local government spending.  Imports, which are a subtraction in the
calculation of GDP, increased.

BOX_______________________
     Comprehensive Revision of the National Income and Product Accounts

     BEA plans to release the results of the 14th comprehensive (or benchmark) revision of the national
income and product accounts (NIPAs) in conjunction with the second quarter 2013 "advance" estimate
on July 31, 2013.  More information on the revision is available on BEA’s Web site at
www.bea.gov/gdp-revisions, including a link to an article in the March 2013 issue of the Survey of
Current Business that discusses the upcoming changes in definitions and presentations, including
capitalizing spending on research and development and on entertainment originals and measuring
transactions of defined benefit pension plans on an accrual accounting basis.  An article in the May
Survey will describe changes in statistical methods, and an article in the September Survey will describe
the estimates in detail.  Revised NIPA table stubs and news release stubs will be available in June.

FOOTNOTE___________________

      Quarterly estimates are expressed at seasonally adjusted annual rates, unless otherwise
specified.  Quarter-to-quarter dollar changes are differences between these published estimates.  Percent
changes are calculated from unrounded data and are annualized.  "Real" estimates are in chained (2005)
dollars.  Price indexes are chain-type measures.

      This news release is available on www.bea.gov along with the Technical Note and highlights related to this release.
___________________________

      The acceleration in real GDP in the first quarter primarily reflected an upturn in private
inventory investment, an acceleration in PCE, an upturn in exports, and a smaller decrease in federal
government spending that were partly offset by an upturn in imports and a deceleration in nonresidential
fixed investment.

      Motor vehicle output added 0.24 percentage point to the first-quarter change in real GDP after
adding 0.18 percentage point to the fourth-quarter change.  Final sales of computers subtracted 0.01
percentage point from the first-quarter change in real GDP after adding 0.10 percentage point to the
fourth-quarter change.

      The price index for gross domestic purchases, which measures prices paid by U.S. residents,
increased 1.1 percent in the first quarter, compared with an increase of 1.6 percent in the fourth.
Excluding food and energy prices, the price index for gross domestic purchases increased 1.3 percent in
the first quarter, compared with an increase of 1.2 percent in the fourth.

      Real personal consumption expenditures increased 3.2 percent in the first quarter, compared with
an increase of 1.8 percent in the fourth.  Durable goods increased 8.1 percent, compared with an increase
of 13.6 percent.  Nondurable goods increased 1.0 percent, compared with an increase of 0.1 percent.
Services increased 3.1 percent, compared with an increase of 0.6 percent.

      Real nonresidential fixed investment increased 2.1 percent in the first quarter, compared with an
increase of 13.2 percent in the fourth.  Nonresidential structures decreased 0.3 percent, in contrast to an
increase of 16.7 percent.  Equipment and software increased 3.0 percent, compared with an increase of
11.8 percent.  Real residential fixed investment increased 12.6 percent, compared with an increase of
17.6 percent.

      Real exports of goods and services increased 2.9 percent in the first quarter, in contrast to a
decrease of 2.8 percent in the fourth.  Real imports of goods and services increased 5.4 percent, in
contrast to a decrease of 4.2 percent.

      Real federal government consumption expenditures and gross investment decreased 8.4 percent
in the first quarter, compared with a decrease of 14.8 percent in the fourth.  National defense decreased
11.5 percent, compared with a decrease of 22.1 percent.  Nondefense decreased 2.0 percent, in contrast
to an increase of 1.7 percent.  Real state and local government consumption expenditures and gross
investment decreased 1.2 percent, compared with a decrease of 1.5 percent.

      The change in real private inventories added 1.03 percentage points to the first-quarter change in
real GDP after subtracting 1.52 percentage points from the fourth-quarter change.  Private businesses
increased inventories $50.3 billion in the first quarter, following increases of $13.3 billion in the fourth
quarter and $60.3 billion in the third.

      Real final sales of domestic product -- GDP less change in private inventories -- increased 1.5
percent in the first quarter, compared with an increase of 1.9 percent in the fourth.

Gross domestic purchases

      Real gross domestic purchases -- purchases by U.S. residents of goods and services wherever
produced -- increased 2.9 percent in the first quarter; it was unchanged in the fourth quarter.

Disposition of personal income

      Current-dollar personal income decreased $109.1 billion (3.2 percent) in the first quarter, in
contrast to an increase of $262.3 billion (8.1 percent) in the fourth.  The downturn in personal income
primarily reflected a sharp downturn in personal dividend income and a sharp acceleration in
contributions for government social insurance -- a subtraction in the calculation of personal income.
Fourth-quarter personal dividend income was boosted by the payment of accelerated and special
dividends. The acceleration in contributions for government social insurance in the first quarter resulted
from the expiration of the "payroll tax holiday."

      Personal current taxes increased $27.2 billion in the first quarter, compared with an increase of
$34.3 billion in the fourth.

      Disposable personal income decreased $136.3 billion (4.4 percent) in the first quarter, in contrast
to an increase of $228.0 billion (7.9 percent) in the fourth.  Real disposable personal income decreased
5.3 percent, in contrast to an increase of 6.2 percent.

      Personal outlays increased $116.3 billion (4.1 percent) in the first quarter, compared with an
increase of $97.0 billion (3.4 percent) in the fourth.  Personal saving -- disposable personal income less
personal outlays -- was $313.3 billion in the first quarter, compared with $566.0 billion in the fourth.

      The personal saving rate -- personal saving as a percentage of disposable personal income -- was
2.6 percent in the first quarter, compared with 4.7 percent in the fourth.  For a comparison of personal
saving in BEA’s national income and product accounts with personal saving in the Federal Reserve
Board’s flow of funds accounts and data on changes in net worth, go to
www.bea.gov/national/nipaweb/Nipa-Frb.asp.

Current-dollar GDP

      Current-dollar GDP -- the market value of the nation's output of goods and services -- increased
3.7 percent, or $146.1 billion, in the first quarter to a level of $16,010.2 billion.  In the fourth quarter,
current-dollar GDP increased 1.3 percent, or $53.1 billion.

BOX_____________________
      Information on the assumptions used for unavailable source data is provided in a technical note
that is posted with the news release on BEA's Web site.  Within a few days after the release, a detailed
"Key Source Data and Assumptions" file is posted on the Web site.  In the middle of each month, an
analysis of the current quarterly estimate of GDP and related series is made available on the Web site;
click on Survey of Current Business, "GDP and the Economy."  For information on revisions, see
"Revisions to GDP, GDI, and Their Major Components."
________________________

      BEA's national, international, regional, and industry estimates; the Survey of Current Business;
and BEA news releases are available without charge on BEA's Web site at www.bea.gov. By visiting the
site, you can also subscribe to receive free e-mail summaries of BEA releases and announcements.

                                           *          *          *

                              Next release -- May 30, 2013, at 8:30 A.M. EDT for:
                              Gross Domestic Product:  First Quarter 2013 (Second Estimate)
                              Corporate Profits:  First Quarter 2013 (Preliminary Estimate)

                                            Comparisons of Revisions to GDP

     Quarterly estimates of GDP are released on the following schedule:  the "advance" estimate, based on
source data that are incomplete or subject to further revision by the source agency, is released near the end of the
first month after the end of the quarter; as more detailed and more comprehensive data become available,
the "second" and "third" estimates are released near the end of the second and third months, respectively.
The "latest"” estimate reflects the results of both annual and comprehensive revisions.

     Annual revisions, which generally cover the quarters of the 3 most recent calendar years, are usually carried
out each summer and incorporate newly available major annual source data.  Comprehensive (or benchmark)
revisions are carried out at about 5-year intervals and incorporate major periodic source data, as well as
improvements in concepts and methods that update the accounts to portray more accurately the evolving U.S.
economy.

The table below shows comparisons of the revisions between quarterly percent changes of current-dollar
and of real GDP for the different vintages of the estimates.  From the advance estimate to the second estimate (one
month later), the average revision to real GDP without regard to sign is 0.5 percentage point, while from the
advance estimate to the third estimate (two months later), it is 0.6 percentage point.  From the advance estimate to
the latest estimate, the average revision without regard to sign is 1.3 percentage points.  The average revision
(with regard to sign) from the advance estimate to the latest estimate is 0.2 percentage point, which is larger
than the average revisions from the advance estimate to the second or to the third estimates.  The larger average
revisions to the latest estimate reflect the fact that comprehensive revisions include major improvements, such as
the incorporation of BEA’s latest benchmark input-output accounts.  The quarterly estimates correctly indicate the
direction of change of real GDP 97 percent of the time, correctly indicate whether GDP is accelerating or
decelerating 72 percent of the time, and correctly indicate whether real GDP growth is above, near, or below trend
growth more than four-fifths of the time.

                           Revisions Between Quarterly Percent Changes of GDP: Vintage Comparisons
                                                     [Annual rates]

       Vintages                                   Average         Average without     Standard deviation of
       compared                                                    regard to sign      revisions without
                                                                                         regard to sign

____________________________________________________Current-dollar GDP_______________________________________________

Advance to second....................               0.2                 0.6                  0.4
Advance to third.....................                .1                  .7                   .4
Second to third......................                .0                  .3                   .2

Advance to latest....................                .3                 1.2                  1.0

________________________________________________________Real GDP_____________________________________________________

Advance to second....................               0.1                 0.5                  0.4
Advance to third.....................                .1                  .6                   .5
Second to third......................                .0                  .2                   .2

Advance to latest....................                .2                 1.3                  1.0

NOTE.  These comparisons are based on the period from 1983 through 2009.
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Progressive President Problem — Warfare and Welfare State — Big Government Intervention In Economy At Home and Militarily Abroad — Government Dependency — Serfdom and Collectivism in The New World Order — They Have Won — The Solution — Freedom Force International– Videos

Posted on April 25, 2013. Filed under: American History, Blogroll, Business, College, Communications, Constitution, Crime, Demographics, Economics, Education, Employment, Federal Government, Federal Government Budget, Fiscal Policy, government, government spending, history, History of Economic Thought, Language, Law, liberty, Life, Links, Macroeconomics, media, People, Philosophy, Politics, Rants, Raves, Regulations, Security, Talk Radio, Tax Policy, Taxes, Technology, Terrorism, Video, War, Wealth, Wisdom | Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , |

progressive_presidents

5_Living_US_Presidents

roundtables

Mind blowing speech by Robert Welch in 1958 predicting Insiders plans to destroy America

G. Edward Griffin: The Collectivist Conspiracy (Full Length)

An Idea Whose Time Has Come – G. Edward Griffin – Freedom Force International – Full

G. Edward Griffin Promotes Freedom Force International Part 1 of 2

G. Edward Griffin Promotes Freedom Force International Part 2 of 2

Capitalism Without Guilt – Yaron Brook on morals of capitalism.

Invisible Empire A New World Order Defined Full

George W. Bush breaks down at library dedication

Bill Clinton speaks of Carroll Quigley at 1992 Democratic National Convention

tragedy-and-hope

Hillary Clinton admits that the CFR runs the Government

Dick Cheney ex-director of CFR talks to David Rockefeller

Americans and Collectivism – TheBlazeTV – The Glenn Beck Program – 2013.04.26

Glenn Beck Predicts New World Order. Global Reset. U.S. Will Be A 3rd World State

Glenn Beck- ‘How Did Communism Become Cool?’

Super rich are in a conspiracy to rule the world – G. Edward Griffin

G. Edward Griffin The Dangerous Servant A Discourse on Government

The Quigley Formula – G. Edward Griffin lecture

tragedyandhope.3

“Legalized Plunder of the American People” – G. Edward Griffin

The Shadows of Power: The Council on Foreign Relations and the American Decline | James Perloff

Invisible Empire A New World Order Defined Full

[yotube=http://www.youtube.com/watch?v=NO24XmP1c5E]

THE CREED OF FREEDOM

INTRINSIC NATURE OF RIGHTS
I believe that only individuals have rights, not the collective group; that these rights are intrinsic to each individual, not granted by the state; for if the state has the power to grant them, it also has the power to deny them, and that is incompatible with personal liberty.
I believe that a just state derives its power solely from its citizens. Therefore, the state must never presume to do anything beyond what individual citizens also have the right to do. Otherwise, the state is a power unto itself and becomes the master instead of the servant of society.

SUPREMACY OF THE INDIVIDUAL
I believe that one of the greatest threats to freedom is to allow any group, no matter its numeric superiority, to deny the rights of the minority; and that one of the primary functions of a just state is to protect each individual from the greed and passion of the majority.

FREEDOM OF CHOICE
I believe that desirable social and economic objectives are better achieved by voluntary action than by coercion of law. I believe that social tranquility and brotherhood are better achieved by tolerance, persuasion, and the power of good example than by coercion of law. I believe that those in need are better served by charity, which is the giving of one’s own money, than by welfare, which is the giving of other people’s money through coercion of law.

EQUALITY UNDER LAW
I believe that all citizens should be equal under law, regardless of their national origin, race, religion, gender, education, economic status, life style, or political opinion. Likewise, no class should be given preferential treatment, regardless of the merit or popularity of its cause. To favor one class over another is not equality under law.

PROPER ROLE OF THE STATE
I believe that the proper role of the state is negative, not positive; defensive, not aggressive. It is to protect, not to provide; for if the state is granted the power to provide for some, it must also be able to take from others, and that always leads to legalized plunder and loss of freedom. If the state is powerful enough to give us everything we want, it also will be powerful enough to take from us everything we have. Therefore, the proper function of the state is to protect the lives, liberty, and property of its citizens, nothing more. That state is best which governs least.


THE THREE COMMANDMENTS OF FREEDOM

The Creed of Freedom is based on five principles. However, in day-to-day application, they can be reduced to just three codes of conduct. These are The Three Commandments of Freedom:

INDIVIDUAL RIGHTS
Only individuals have rights, not groups. Therefore, do not sacrifice the rights of any individual or minority for the alleged rights of groups.

EQUALITY UNDER LAW
To favor one class of citizens over others is not equality under law. Therefore, do not endorse any law that does not apply to all citizens equally.

FREEDOM OF CHOICE
The proper function of the state is to protect, not to provide. Therefore, do not approve coercion for any purpose except to protect human life, liberty, or property.


THE THREE PILLARS OF FREEDOM

Another way of viewing these principles is to consider them as the three pillars of freedom. They are concepts that underlie the ideology of individualism, and individualism is the indispensable foundation of freedom.

For the rational and historical support for The Creed of Freedom, see The Chasm in the Issues section of his site. This 21-page document will take 10 to 45 seconds to load depending on the speed of your Internet connection.

Background Articles and Videos

Freedom Force International speaker for Liberty in Pittsburgh

Rare Carroll Quigley interview

Professor Carroll Quigley, Bill Clinton’s mentor at Georgetown University, authored a massive volume entitled “Tragedy and Hope” in which he states: “There does exist and has existed for a generation, an international network which operates, to some extent, in the way the radical right believes the Communists act. In fact, this network, which we may identify as the Round Table Groups, has no aversion to cooperating with the Communists, or any other groups, and frequently does so. I know of the operations of this network because I have studied it for twenty years and was permitted for two years, in the early 1960s, to examine its papers and secret records. I have no aversion to it or to most of its aims, and have, for much of my life, been close to it and to many of its instruments. I have objected, both in the past and recently, to a few of its policies, but in general my chief difference of opinion is that it wishes to remain unknown, and I believe its role in history is significant enough to be known.”

[1 of 5] Rare Carroll Quigley Interview

Carroll Quigley was the historian for the Council on Foreign Relations and author of Tragedy and Hope (tragedy is all the people who must suffer and die for the NWO, and the hope is the NEW WORLD ORDER )

Professor Quigley was a Globalist, he supported the idea NEW WORLD ORDER and wrote about it, he, unlike the elites, thought the people should know about it.

“I know of this network because I have studied it for twenty years and was permitted for two years in the early 1960s to examine its papers and secret records. I have no aversion to it or to most of its aims and have, for much of my life, been close to it and to many of its instruments. I have objected, both in the past and recently, to a few of its policies … but in general my chief difference of opinion is that it wishes to remain unknown, and I believe its role in history is significant enough to be known.” — Dr. Carroll Quigley, Tragedy and Hope

“The powers of financial capitalism had another far reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements, arrived at in frequent private meetings and conferences…”

“The apex of the system was the Bank for International Settlements in Basle, Switzerland, a private bank owned and controlled by the worlds’ central banks which were themselves private corporations…”

“The growth of financial capitalism made possible a centralization of world economic control and use of this power for the direct benefit of financiers and the indirect injury of all other economic groups.” Tragedy and Hope: A History of The World in Our Time (Macmillan Company, 1966,) Professor Carroll Quigley of Georgetown University

“The Council on Foreign Relations is the American branch of a society which originated in England … [and] … believes national boundaries should be obliterated and one-world rule established.” Dr. Carroll Quigley

“As a teenager, I heard John Kennedy’s summons to citizenship. And then, as a student, I heard that call clarified by a professor I had named Carroll Quigley.”President Clinton, in his acceptance speech for the Democratic Party’s nomination for president, 16 July 1992

[2 of 5] Rare Carroll Quigley Interview

[3 of 5] Rare Carroll Quigley Interview

[4 of 5] Rare Carroll Quigley Interview

[5 of 5] Rare Carroll Quigley Interview

The Creature From Jekyll Island (by G. Edward Griffin)

The Creature From Jekyll Island
A Second Look at the Federal Reserve
by G. Edward Griffin

Recorded: 1994

Edward Griffin – The Subversion Factor

CFR – List of Members and Organisations Involved

Jimmy Carter Administration

President Carter (who became a CFR member in 1983) appointed over 60 CFR members to serve in his Administration:

  • Walter Mondale (Vice-President)
  • Zbigniew Brzezinski (National Security Advisor)
  • Cyrus R. Vance (Secretary of State)
  • W. Michael Blumenthal (Secretary of Treasury)
  • Harold Brown (Secretary of Defense)
  • Stansfield Turner (Director of the CIA)
  • Gen. David Jones (Chairman of the Joint Chiefs of Staff)

Ronald Reagan Administration

There were 75 CFR and Trilateral Commission members under President Reagan:

  • Alexander Haig (Secretary of State)
  • George Shultz (Secretary of State)
  • Donald Regan (Secretary of Treasury)
  • William Casey (CIA Director)
  • Malcolm Baldridge (Secretary of Commerce)
  • Jeanne J. Kirkpatrick (U.N. Ambassador)
  • Frank C. Carlucci (Deputy Secretary of Defense)
  • William E. Brock (Special Trade Representative)

George H. W. Bush Administration

During his 1964 campaign for the U.S. Senate in Texas, George Bush said: “If Red China should be admitted to the U.N., then the U.N. is hopeless and we should withdraw.” In 1970, as Ambassador to the U.N., he pushed for Red China to be seated in the General Assembly. When Bush was elected, the CFR member became the first President to publicly mention the “New World Order” and had in his Administration nearly 350 CFR and Trilateral Commission members:

  • Brent Scowcroft (National Security Advisor)
  • Richard B. Cheney (Secretary of Defense)
  • Colin L. Powell (Chairman of the Joint Chiefs of Staff)
  • William Webster (Director of the CIA)
  • Richard Thornburgh (Attorney General)
  • Nicholas F. Brady (Secretary of Treasury)
  • Lawrence S. Eagleburger (Deputy Secretary of State)
  • Horace G. Dawson, Jr. (U.S. Information Agency and Director of the Office of Equal Opportunity and Civil Rights)
  • Alan Greenspan (Chairman of the Federal Reserve Board)

Bill Clinton Administration

When CFR member Bill Clinton was elected, Newsweek magazine would later refer to him as the “New Age President.” In October, 1993, Richard Harwood, a Washington Post writer, in describing the Clinton Administration, said its CFR membership was “the nearest thing we have to a ruling establishment in the United States”.

  • Albert Gore, Jr. (Vice-President)
  • Donna E. Shalala (Secretary of Health and Human Services)
  • Laura D. Tyson (Chairman of the Council of Economic Advisors)
  • Alice M. Rivlin (Deputy Director of the Office of Management and Budget)
  • Madeline K. Albright (U.S. Ambassador to the U.N.)
  • Warren Christopher (Secretary of State)
  • Clifton R. Wharton, Jr. (Deputy Secretary of State and former Chairman of the Rockefeller Foundation)
  • Les Aspin (Secretary of Defense)
  • Colin Powell (Chairman, Joint Chiefs of Staff)
  • W. Anthony Lake (National Security Advisor)
  • George Stephanopoulos (Senior Advisor)
  • Samuel R. ‘Sandy’ Berger (Deputy National Security Advisor)
  • R. James Woolsey (CIA Director)
  • William J. Crowe, Jr. (Chairman of the Foreign Intelligence Advisory Board)
  • Lloyd Bentsen (former member, Secretary of Treasury)
  • Roger C. Altman (Deputy Secretary of Treasury)
  • Henry G. Cisneros (Secretary of Housing and Urban Development)
  • Bruce Babbit (Secretary of the Interior)
  • Peter Tarnoff (Under Secretary of State for International Security of Affairs)
  • Winston Lord (Assistant Secretary of State for East Asian and Pacific Affairs)
  • Strobe Talbott (Aid Coordinator to the Commonwealth of Independent States)
  • Alan Greenspan (Chairman of the Federal Reserve System)
  • Walter Mondale (U.S. Ambassador to Japan)
  • Ronald H. Brown (Secretary of Commerce)
  • Franklin D. Raines (Economics and International Trade).

George W. Bush Administration

  • Richard Cheney (Vice President, former Secretary of Defense under President G.H.W. Bush)
  • Colin Powell (Secretary of State, former Chairman of the Joint Chiefs of Staff under Presidents Bush and Clinton)
  • Condoleeza Rice (National Security Advisor, former member of President Bush’s National Security Council)
  • Robert B. Zoellick (U.S. Trade Representative, former Under Secretary of State in the Bush administration)
  • Elaine Chao (Secretary of Labor)
  • Brent Scowcroft (Chairman of the Foreign Intelligence Advisory Board, former National Security Advisor to President Bush)
  • Richard Haass (Director of Policy Planning at the State Department and Ambassador at Large)
  • Henry Kissinger (Pentagon Defense Policy Board, former Secretary of State under Presidents Nixon and Ford)
  • Robert Blackwill (U.S. Ambassador to India, former member of President Bush’s National Security Council)
  • Stephen Friedman (Sr. White House Economic Advisor)
  • Stephen Hadley (Deputy National Security Advisor, former Assistant Secretary of Defense under Cheney)
  • Richard Perle (Chairman of Pentagon Defense Policy Board, former Assistant Secretary of Defense in the Reagan administration)
  • Paul Wolfowitz (Assistant Secretary of Defense, former Assistant Secretary of State in the Reagan administration and former Under Secretary of Defense in the Bush administration)
  • Dov S. Zakheim (Under Secretary of Defense, Comptroller, former Under Secretary of Defense in the Reagan administration)
  • I. Lewis Libby (Chief of Staff for the Vice President, former Deputy Under Secretary of Defense).

http://modernhistoryproject.org/mhp?Article=FinalWarning&C=5.3

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Murray Rothbard: Six Stages of the Libertarian Movement — Videos

Posted on April 24, 2013. Filed under: American History, Banking, Blogroll, Business, College, Communications, Culture, Economics, Education, Employment, Federal Government, Federal Government Budget, Fiscal Policy, government, government spending, history, History of Economic Thought, Inflation, Investments, Language, Law, liberty, Life, Links, Literacy, Macroeconomics, Microeconomics, Monetary Policy, Money, People, Philosophy, Politics, Private Sector, Public Sector, Rants, Raves, Regulations, Tax Policy, Taxes, Technology, Unemployment, Unions, Video, War, Wealth, Weapons, Wisdom | Tags: , , , , , , |

murray-rothbard

Murray Rothbard: Six Stages of the Libertarian Movement

Libertarianism | Murray N. Rothbard

The Future of Austrian Economics | Murray N. Rothbard

Lew Rockwell and Tom Woods discuss Rothbard and the Koch Brothers

Lew Rockwell.com Podcast #20 – Memories of Murray

Murray Rothbard Gives a Tribute to Ludwig von Mises

The_History_of_Economic_Thought_Lecture_5_Mises_and_Austrian_Economics_Murray_Rothbard

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Masters of Money — Keynes — Hayek — Marx — Videos

Posted on April 24, 2013. Filed under: American History, Banking, Blogroll, College, Communications, Economics, Education, Employment, Federal Government, Federal Government Budget, Fiscal Policy, government, government spending, history, History of Economic Thought, Inflation, Investments, Law, liberty, Life, Links, Macroeconomics, media, Microeconomics, Monetary Policy, Money, People, Philosophy, Politics, Rants, Raves, Talk Radio, Tax Policy, Unemployment, Wisdom | Tags: , , , , , , , , , , , , , , , , , , , |

maynard_keynes

Masters Of Money: 1/3 – John Maynard Keynes (BBC Documentary Series)

friedrich-von-hayek

Masters Of Money: 2/3 – Friedrich Hayek (BBC Documentary Series)

karl_marx

Masters Of Money: 3/3 – Karl Marx (BBC Documentary Series)

Keynes the Man: Hero or Villain? | Murray N. Rothbard

Modern Myths of Keynesian Economics | Jeffrey M. Herbener

Deck the Halls with Macro Follies

Keynesianism Part I – It’s All About Spending

What GDP Leaves Out: An Austrian Look

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LIBOR Scandal — Videos

Posted on April 23, 2013. Filed under: American History, Banking, Blogroll, Business, College, Communications, Crime, Economics, Education, Federal Government, Foreign Policy, government, government spending, history, Inflation, Investments, Language, Law, liberty, Life, Literacy, Macroeconomics, media, Monetary Policy, People, Philosophy, Politics, Video, Wealth, Wisdom | Tags: , , , , |

libor-scandal

LIBORmanipulation-2

Spiegel-graphic-of-Libor-scandal

BBC_Libor_Scandal

Keiser Report: The Birth of a Scandal

LIBOR investigation by financier Martin Wheatley (10Aug12)

The Wheatley Review of LIBOR: Final Report

LIBOR Scandal More Than Fraud – Whole Game is Rigged

How Barclays manipulated the libor rates 

On the Edge with Max Keiser: Libor rigging crime

What is the LIBOR / OIS spread? – MoneyWeek investment tutorials

The LIBOR scandal: what it means for you – MoneyWeek Investment Tutorials

The Biggest Banking Scandal The World Has Ever Seen (6:47)

The Real Story Surrounding  LIBOR — A Worldwide Scandal—Is Now A Funeral

Max Keiser: Cancer is How They Will Take It All

[yuotube=http://www.youtube.com/watch?v=LHtLy3AfpMI]

Bernanke grilled on Libor scandal – Rough Cuts

BANKSTERS & Fraud, The LIBOR Scandal

Unknown LIBOR Fraud of The Century (Barclays)

WORLD BANKER MAKES STUNNING CONFESSION

Judge Napolitano: “LIBOR Scandal One of the Largest Bank Orchestrated Frauds in History”

The Department of Justice is reportedly deciding whether to charge banks over growing LIBOR interest rate fixes. The international investment bank Barclays Capital has already paid $450 million in fines for illegally manipulating the rates that banks charge each other to borrow money. That rate affects everything from credit cards to car loans and mortgage rates. Shepard Smith reported that it remains to be seen whether Treasury Secretary Timothy Geithner knew about the rate manipulation when he was head of the Federal Reserve Bank of New York.

Judge Andrew Napolitano explained the importance of the LIBOR interest rate, saying, “Think of it this way, the biggest banks in London each morning announce what they’re going to charge each other for money and that number is averaged … Whatever that rate is, is the baseline for millions of other loans and mortgages around the country.”

Libor scandal

The Libor scandal is a series of fraudulent actions connected to the Libor (London Interbank Offered Rate) and also the resulting investigation and reaction. The Libor is an average interest rate calculated through submissions of interest rates by major banks in London. The scandal arose when it was discovered that banks were falsely inflating or deflating their rates so as to profit from trades, or to give the impression that they were more creditworthy than they were.[3] Libor underpins approximately $350 trillion in derivatives. It is controlled by the British Bankers’ Association (BBA).[4]

The banks are supposed to submit the actual interest rates they are paying, or would expect to pay, for borrowing from other banks. The Libor is supposed to be the total assessment of the health of the financial system because if the banks being polled feel confident about the state of things, they report a low number and if the member banks feel a low degree of confidence in the financial system, they report a higher interest rate number. In June 2012, multiple criminal settlements by Barclays Bank revealed significant fraud and collusion by member banks connected to the rate submissions, leading to the scandal.[5][6][7]

Because Libor is used in U.S. derivatives markets, an attempt to manipulate Libor is an attempt to manipulate U.S. derivatives markets, and thus a violation of American law. Since mortgages, student loans, financial derivatives, and other financial products often rely on Libor as a reference rate, the manipulation of submissions used to calculate those rates can have significant negative effects on consumers and financial markets worldwide.

On 27 July 2012, the Financial Times published an article by a former trader which stated that Libor manipulation had been common since at least 1991.[8] Further reports on this have since come from the BBC[9][10] and Reuters.[11] On 28 November 2012, the Finance Committee of the Bundestag held a hearing to learn more about the issue.[12]

The British Bankers’ Association said on 25 September 2012 that it would transfer oversight of Libor to UK regulators, as predicted by bank analysts,[13] proposed by Financial Services Authority Managing Director Martin Wheatley‘s independent review recommendations.[14] Wheatley’s review recommended that banks submitting rates to Libor must base them on actual inter-bank deposit market transactions and keep records of those transactions, that individual banks’ LIBOR submissions be published after three months, and recommended criminal sanctions specifically for manipulation of benchmark interest rates.[15] Financial institution customers may experience higher and more volatile borrowing and hedging costs after implementation of the recommended reforms.[16] The UK government agreed to accept all of the Wheatley Review’s recommendations and press for legislation implementing them.[17]

Early reports of Libor manipulation

WSJ Libor study

Libor manipulation to lower rate

Hi Guys, We got a big position in 3m libor for the next 3 days. Can we please keep the lib or fixing at 5.39 for the next few days. It would really help. We do not want it to fix any higher than that. Tks a lot.

Barclays Bank trader in New York to submitter, 13 September 2006[18]

On 16 April 2008, The Wall Street Journal released a controversial article, and later study, suggesting that some banks might have understated borrowing costs they reported for the Libor during the 2008 credit crunch that may have misled others about the financial position of these banks.[19][20] In response, the BBA claimed that the Libor continued to be reliable even in times of financial crisis. Other authorities contradicted The Wall Street Journal article saying there was no evidence of manipulation. In its March 2008 Quarterly Review, the Bank for International Settlements stated that “available data do not support the hypothesis that contributor banks manipulated their quotes to profit from positions based on fixings.”[21] Further, in October 2008, the International Monetary Fund published its regular Global Financial Stability Review which also found that “Although the integrity of the U.S. dollar Libor-fixing process has been questioned by some market participants and the financial press, it appears that U.S. dollar Libor remains an accurate measure of a typical creditworthy bank’s marginal cost of unsecured U.S. dollar term funding.”[22]

A study by economists, Snider and Youle, in April 2010, however, corroborated the results of the earlier Wall Street Journal study that the Libor submissions by some member banks were being understated.[23] Unlike the earlier study, Snider and Youle suggested that the reason for understatement by member banks was not that the banks were trying to appear strong, especially during the financial crisis period of 2007 to 2008, but rather that the banks sought to make substantial profits on their large Libor interest-linked portfolios.[24] For example, in the first quarter of 2009, Citigroup had interest rate swaps of notional value of $14.2 trillion, Bank of America had interest rate swaps of notional value of $49.7 trillion and JP Morgan Chase had interest rate swaps of notional value of $49.3 trillion.[25] Given the large notional values, a small unhedged exposure to the Libor could generate large incentives to alter the overall Libor. In the first quarter of 2009, Citigroup for example reported that it would make that quarter $936 million in net interest revenue if interest rates would fall by .25 percentage points a quarter, and $1,935 million if they were to fall by 1 percentage point instantaneously.[26]

Central banks aware of Libor flaws

The Governor of the Bank of England, Mervyn King, by the end of 2008, described the Libor to the UK Parliament saying “It is in many ways the rate at which banks do not lend to each other, .. it is not a rate at which anyone is actually borrowing.”[27][28]

The New York Federal Reserve in July 2012, released documents dating back to 2007 which showed that they were aware that banks were lying about their borrowing costs when setting Libor and chose to take no action against them at that time.[29][30] Released minutes from the Bank of England indicated similarly that the bank and its deputy governor Paul Tucker were also aware as early as November 2007 of industry concerns that the Libor rate was being underreported.[31][32] In one 2008 document a Barclays employee told a New York Fed analyst, “We know that we’re not posting an honest Libor, and yet we are doing it, because if we didn’t do it, it draws unwanted attention on ourselves.”[30]

The documents show that in early 2008 a memo written by then New York Fed President Tim Geithner to Bank of England chief Mervyn King looked into ways to “fix” Libor.[33][34] While the released memos suggest that the New York Fed helped to identify problems related to Libor and press the relevant authorities in the UK to reform, there is no documentation that shows any evidence that Geithner’s recommendations were acted upon or that the Fed tried to make sure that they were. In October 2008, several months after Geithner’s memo to King, a Barclays employee told a New York Fed representative that Libor rates were still “absolute rubbish.”[30]

Regulatory investigations

The Wall Street Journal reported in March 2011 that regulators were focusing on Bank of America Corp., Citigroup Inc. and UBS AG in their probe of Libor rate manipulation.[35] A year later, it was reported in February 2012 that the U.S. Department of Justice was conducting a criminal investigation into Libor abuse.[36] Among the abuses being investigated were the possibility that traders were in direct communication with bankers before the rates were set, thus allowing them an unprecedented amount of insider knowledge into global instruments.[37] In court documents, a trader from the Royal Bank of Scotland claimed that it was common practice among senior employees at his bank to make requests to the bank’s rate setters as to the appropriate Libor rate, and that the bank also made on occasions rate requests for some hedge funds.[38] One trader’s messages from Barclays Bank indicated that for each basis point (0.01%) that Libor was moved, those involved could net “about a couple of million dollars”.[37]

The Canadian Competition Bureau was reported on 15 July 2012 to also be carrying out an investigation into price fixing by five banks of the yen denominated Libor rates. Court documents filed indicated that the Competition Bureau had been pursuing the matter since at least January 2011. The documents offered a detailed view of how and when the international banks allegedly colluded to fix the Libor rates. The information was based on a whistleblower who traded immunity from prosecution in exchange for turning on his fellow conspirators. In the court documents, a federal prosecutor for the bureau stated that the “IRD (interest-rate derivatives) traders at the participant banks communicated with each other their desire to see a higher or lower yen LIBOR to aid their trading positions”. The alleged participants are the Canadian branches of the Royal Bank of Scotland, HSBC, Deutsche Bank, JP Morgan Bank, and Citibank, as well as ICAP (Intercapital), an interdealer broker.[39]

 Fines for manipulation

Libor manipulation to raise rate

Pls go for 5.36 libor again, very important that the setting comes as high as possible … thanks.

Barclays Bank trader in New York to submitter, 29 July 2007[18]

On 27 June 2012, Barclays Bank was fined $200 million by the Commodity Futures Trading Commission,[5] $160 million by the United States Department of Justice[6] and £59.5 million by the Financial Services Authority[7] for attempted manipulation of the Libor and Euribor rates.[40] The United States Department of Justice and Barclays officially agreed that “the manipulation of the submissions affected the fixed rates on some occasions”.[41][42][43]

Barclays manipulated rates for at least two reasons. Routinely, from at least as early as 2005, traders sought particular rate submissions to benefit their financial positions. Later, during the 2007–2012 global financial crisis, they artificially lowered rate submissions to make their bank seem healthy.[6]

Following the interest rate rigging scandal, Marcus Agius, chairman of Barclays, resigned from his position.[44] One day later, Bob Diamond, the chief executive officer of Barclays, also resigned from his position.[45][46] Bob Diamond was subsequently questioned by the Parliament of the United Kingdom regarding the manipulation of Libor rates. He said he was unaware of the manipulation until that month, but mentioned discussions he had with Paul Tucker, deputy governor of the Bank of England.[47] Tucker then voluntarily appeared before parliament, to clarify the discussions he had with Bob Diamond. He said he had never encouraged manipulation of the Libor, and that other self-regulated mechanisms like the Libor should be reformed.[48]

On 19 December 2012, UBS agreed to pay regulators $1.5bn ($1.2bn to the US Department of Justice and the Commodity Futures Trading Commission, £160m to the UK Financial Services Authority and 60m CHF to the Swiss Financial Market Supervisory Authority) for its role in the scandal.[49] The investigations revealed that UBS traders had colluded with other panel banks and had made over 2,000 written requests for movements in rates from at least January 2005 to at least June 2010 to benefit their trading positions.[50] According to transcripts released by the U.K.’s Financial Services Authority, UBS traders also offered financial inducements to interdealer brokers to help manipulate rates by spreading false information. In one exchange between a UBS banker identified as Trader A and an interdealer broker, the banker wrote “if you keep 6s [i.e. the six month JPY LIBOR rate] unchanged today … I will f—ing do one humongous deal with you … Like a 50,000 buck deal, whatever … I need you to keep it as low as possible … if you do that …. I’ll pay you, you know, 50,000 dollars, 100,000 dollars… whatever you want … I’m a man of my word.” Subsequent trades between UBS and this broker generated more than $250,000 in fees to the broker.[51][52]

US Assistant Attorney General Lanny Breuer described the conduct of UBS’s as “simply astonishing” and declared the US would seek, as a criminal matter, the extradition of traders Tom Hayes and Roger Darin.[49] The bank has stated that these and other fines would probably result in a significant fourth-quarter loss in 2012.[49] The fine levied by the FSA, reduced due to the bank’s cooperation, was the largest in the agency’s history.[49]

Breadth of scandal becomes apparent

By 4 July 2012 the breadth of the scandal was evident and became the topic of analysis on news and financial programs that attempted to explain the importance of the scandal.[53] Two days later, it was announced that the U.K. Serious Fraud Office had also opened a criminal investigation into manipulation of interest rates. The investigation was not limited to Barclays.[54][55] It has been reported since then that regulators in at least ten countries on three different continents are investigating the rigging of the Libor and other interest rates.[56][57] Around 20 major banks have been named in investigations and court cases.[58]

Early estimates are that the rate manipulation scandal cost U.S. states, counties, and local governments at least $6 billion in fraudulent interest payments, above $4 billion that state and local governments have already had to spend to unwind their positions exposed to rate manipulation.[59] An increasingly smaller set of banks are participating in setting the Libor, calling into question its future as a benchmark standard, but without any viable alternative to replace it.[60]

 United States investigations

The United States Congress began investigating on 10 July. Senate Banking Committee Chairman Tim Johnson (D., S.D.) said he would question Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke about the scandal during scheduled hearings. Rep. Randy Neugebauer (R., Texas) of the House Financial Services Committee, wrote New York Federal Reserve (New York Fed) President William Dudley. He was seeking records of communications between the New York Fed and Barclays between August 2007 and November 2009 related to Libor-like rates.[61]

On 4 October 2012, Republican U.S. Senators Chuck Grassley and Mark Kirk announced that they were investigating Treasury Secretary Tim Geithner for complicity with the rate manipulation scandal. They accused Geithner of knowledge of the rate-fixing, and inaction which contributed to litigation that “threatens to clog our courts with multi-billion dollar class action lawsuits” alleging that the manipulated rates harmed state, municipal and local governments. The senators said that an American-based interest rate index is a better alternative which they would take steps towards creating.[62]

Federal Housing Finance Agency Inspector General and auditor Steve A. Linick said in a 3 November memo that Fannie Mae and Freddie Mac may have lost more than $3 billion because of the manipulation.[63]

 Parliamentary investigation

Appearing before Parliament on 16 July, Jerry del Missier, a former senior Barclays executive, said that he had received instructions from Robert Diamond to lower rates after Diamond’s discussions with bank regulators. He said that he had received information of a conversation between Diamond and Paul Tucker, deputy governor of the Bank of England, in which they had discussed the bank’s financial position at the height of the 2008 financial crisis. It was his understanding that senior British government officials had instructed the bank to alter the rates. Del Missier’s testimony followed statements from Diamond in which he denied that he had told his deputies to report false Libor rates. Speaking before Parliament the previous week, Tucker stated that he had shared concerns regarding Barclays Libor rates because the markets might view Barclays to be at risk if its Libor submissions continued to be higher than those of other international banks. In the midst of the Lehman Brothers collapse, there was concern the bank might need to be bailed out if the financial markets perceived it was a credit risk. Tucker told the committee, “I wanted to make sure that Barclays’ day-to-day funding issues didn’t push it over the cliff.”[64]

 Libor banks are sued in civil court

 Libor fixing operates as a cartel

Libor fixing a banking cartel

It’s just amazing how Libor fixing can make you that much money or lose if opposite. It’s a cartel now in London.

RBS trader in Singapore to Deutsche Bank trader, 19 August 2007[65]

In court documents filed in Singapore, Royal Bank of Scotland (RBS) trader Tan Chi Min told colleagues that his bank could move global interest rates and that the Libor fixing process in London had become a cartel. Tan in his court affidavit stated that the Royal Bank of Scotland knew of the Libor rates manipulation and that it supported such actions. In instant messages, traders at RBS extensively discussed manipulating Libor rates. In a released transcript of a 21 August 2007 chat, Jezri Mohideen, who was the head of yen products in Singapore, asked to have the Libor fixed in a conversation with other traders:[65]

Mohideen: “What’s the call on the Libor?”
Trader 2: “Where would you like it, Libor that is?”
Trader 3: “Mixed feelings, but mostly I’d like it all lower so the world starts to make a little sense.”
Trader 4: “The whole HF [hedge fund] world will be kissing you instead of calling me if Libor move lower.”
Trader 2: “OK, I will move the curve down 1 basis point, maybe more if I can.”

In another conversation on 27 March 2008, Tan asked that RBS raise its Libor submission and noted that an earlier lower figure that the bank had submitted had cost his team 200,000 pounds. In other released instant chats, Tan made it clear that the Libor fixing process had become a highly lucrative money making cartel. Tan in a conversation with traders at other banks, including Deutsche Bank’s Mark Wong said on 19 August 2007:[65]

Tan: “It’s just amazing how Libor fixing can make you that much money or lose if opposite. It’s a cartel now in London.”
Wong: “Must be damn difficult to trade man, especially [if] you [are] not in the loop.”

Mortgage rates manipulated on reset date

Homeowners in the US filed a class action lawsuit in October 2012 against twelve of the largest banks which alleged that Libor manipulation made mortgage repayments more expensive than they should have been.

Statistical analysis indicated that the Libor rose consistently on the first day of each month between 2000 and 2009 on the day that most adjustable-rate mortgages had as a change date on which new repayment rates would “reset”. An email referenced in the lawsuit from the Barclay’s settlement, showed a trader asking for a higher Libor rate because “We’re getting killed on our three-month resets.”[66] During the analysed period, the Libor rate rose on average more than two basis points above the average on the first day of the month, and between 2007 and 2009, the Libor rate rose on average more than seven and one-half basis points above the average on the first day of the month.[67]

The five lead plaintiffs included a pensioner whose home was repossessed after her subprime mortgage was securitized into Libor-based collateralized debt obligations, sold by banks to investors, and foreclosed. The plaintiffs could number 100,000, each of whom has lost thousands of dollars.[68] The complaint estimates that the banks earned hundreds of millions, if not billions of dollars, in wrongful profits as a result of artificially inflating Libor rates on the first day of each month during the complaint period.[67]

Municipalities lost billions due to rigging

The city of Baltimore and others in the US filed a class action lawsuit in April 2012 against Libor setting banks which alleged that the manipulation of Libor caused payments on their interest rate swaps to be smaller than they should have been.[69] Before the financial crisis, states and localities bought $500 billion in interest rate swaps to hedge their municipal bond sales. It is estimated that the manipulation of Libor cost municipalities at least $6 billion. These losses were in addition to $4 billion that localities had already paid to unwind backfiring interest rate swaps.[70]

Municipalities began using interest rate swaps to hedge their municipal bond sales in the late 1990s. At this time, investment bankers began offering local governments a way to save money on the sale of municipal bonds. The banks suggested instead of selling fixed interest rate bonds that local governments sell variable interest rate bonds which typically have interest rates as much as one percentage point lower than fixed interest rate bonds. For a municipal government this could mean saving as much as $1 million a year on the sale of a $100 million bond.[71]

In order to hedge costs on the sale of variable interest rate bonds, which can rise and fall with the market, local governments, such as Baltimore, purchased interest rate swaps which exchange a variable interest rate for a fixed interest rate.[72] In a swap deal, when the interest rate rises, the swap seller pays the local government the increased cost on the bond, while when the interest rate falls, the swap seller saves and pays the local government the decreased cost on the bond. The interest rate swap mechanism generally works well, however, between 2007 and 2010 the payments to local governments on their swaps artificially decreased but the cost on their bonds remained at actual market rates. This was because most interest rate swaps are linked to the Libor interest rate, while municipal bond rates are linked to the SIFMA Municipal Bond Index interest rate. During the financial crisis the two benchmark rates decoupled. Municipalities continued to pay on their bonds at the actual market Sifma rate but were paid on their interest rate swaps at the artificially lower Libor rate.[71]

Reactions and impact on banking regulation

The cost to colluding and suspect banks from litigation, penalties, and loss of confidence may drive down finance industry profits for years. The cost of litigation from the scandal may exceed that of asbestos lawsuits.[73]

 United States

US experts such as Former Assistant Secretary of the Treasury Paul Craig Roberts have argued that the Libor Scandal completes the picture of public and private financial institutions manipulating interest rates in order to prop up the prices of bonds and other fixed income instruments, and that “the motives of the Fed, Bank of England, US and UK banks are aligned, their policies mutually reinforcing and beneficial. The Libor fixing is another indication of this collusion.”[74] In that perspective they advocate stricter bank regulation, and a profound reform of the Federal Reserve System.

Former Citigroup Chairman and CEO Sandy Weill, considered one of the driving forces behind the considerable financial deregulation and “mega-mergers” of the 1990s, surprised financial analysts in Europe and North America by calling for splitting up the commercial banks from the investment banks. In effect, he says: “Bring back the Glass-Steagall Act of 1933 which led to half a century, free of financial crises.” [75]

 Europe

Mainland European scholars discussed the necessity of far-reaching banking reforms in light of the current crisis of confidence, recommending the adoption of binding regulations that would go further than the Dodd–Frank Act: notably in France where SFAF and World Pensions Council (WPC) banking experts have argued that, beyond national legislations, such rules should be adopted and implemented within the broader context of separation of powers in European Union law, to put an end to anti-competitive practices akin to exclusive dealing and limit conflicts of interest.[76][77] This perspective gained ground after the unraveling of the Libor scandal, with mainstream opinion leaders such as the Financial Times editorialists calling for the adoption of an EU-wide “Glass–Steagall II”.[78]

Naomi Wolf of The Guardian suggested in an editorial that the “notion that the entire global financial system is riddled with systemic fraud – and that key players in the gatekeeper roles, both in finance and in government, including regulatory bodies, know it and choose to quietly sustain this reality – is one that would have only recently seemed like the frenzied hypothesis of tinhat-wearers”.[79] Following Tim Geithner‘s promotion to Treasury Secretary, Wolf commented, “It is very hard, looking at the elaborate edifices of fraud that are emerging across the financial system, to ignore the possibility that this kind of silence – ‘the willingness to not rock the boat’ — is simply rewarded by promotion to ever higher positions, ever greater authority. If you learn that rate-rigging and regulatory failures are systemic, but stay quiet, well, perhaps you have shown that you are genuinely reliable and deserve membership of the club.”[79]

 Recommendations

The British Bankers’ Association said on 25 September that it would transfer oversight of Libor to UK regulators, as proposed by Financial Services Authority Managing Director Martin Wheatley and CEO-designate of the new Financial Conduct Authority.[14] On 28 September, Wheatley’s independent review was published, recommending that an independent organization with government and regulator representation, called the Tender Committee, manage the process of setting Libor under a new external oversight process for transparency and accountability. Banks that make submissions to Libor would be required to base them on actual inter-bank deposit market transactions and keep records of their transactions supporting those submissions. The review also recommended that individual banks’ Libor submissions be published, but only after three months, to reduce the risk that they would be used as a measure of the submitting banks’ creditworthiness. The review left open the possibility that regulators might compel additional banks to participate in submissions if an insufficient number do voluntarily. The review recommended criminal sanctions specifically for manipulation of benchmark interest rates such as the Libor, saying that existing criminal regulations for manipulation of financial instruments were inadequate.[15] Libor rates could be higher and more volatile after implementation of the reforms, so financial institution customers may experience higher and more volatile borrowing and hedging costs.[16] The UK government agreed to accept all of the Wheatley Review’s recommendations and press for legislation implementing them.[17]

Bloomberg LP CEO Dan Doctoroff told the European Parliament that Bloomberg LP could develop an alternative index called the Bloomberg Interbank Offered Rate that would use data from transactions such as market-based quotes for credit default swap transactions and corporate bonds.[80][81]

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External links

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Where is Gold Prices Going? Peter Schiff vs. Larry Kudlow: Gold & The Dollar — Videos

Posted on April 23, 2013. Filed under: Blogroll, Books, Business, College, Communications, Constitution, Economics, Education, Federal Government, Federal Government Budget, Fiscal Policy, government, government spending, history, Investments, Law, liberty, Life, Links, media, People, Philosophy, Politics, Raves, Taxes, Technology, Unemployment, Video, War, Wisdom | Tags: , , |

gold_price_wobbles_as_liquidation_intensifies

Peter Schiff vs. Larry Kudlow: Gold & The Dollar

Peter Schiff: I’ve Been Buying Gold for 13 Years

Bloomberg’s Alix Steel Analyzes Why Peter Schiff & Gold Mining Stocks Are Massive Losers

Clown Solidarity – Jim Cramer Supports Peter Schiff On Gold (You Know What This Means…)

Keiser Report: Correlation & Causation of Gold Price (E434, ft. Paul Craig Roberts)

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Police State In Boston–What’s Next? Martial Law: Obama’s National Defense Resources Preparedness Executive Order To Declare Martial Law In Time of Peace — Videos

Posted on April 22, 2013. Filed under: American History, Blogroll, Business, Climate, College, Communications, Diasters, Economics, Education, Employment, Energy, Farming, Federal Government, Fiscal Policy, Food, Foreign Policy, government, government spending, history, Investments, Language, Law, liberty, Life, Links, Literacy, media, Natural Gas, Nuclear Power, Oil, People, Philosophy, Politics, Private Sector, Rants, Raves, Regulations, Resources, Security, Talk Radio, Taxes, Unions, Video, War, Water, Wealth, Weapons, Wisdom | Tags: , , , , |

Martial-Law

 

ExecOrder

executive_order_National_Defense_Resources_Preparedness

thomas_jefferson_tyranny

Police perform house-to-house raids in Watertown MA ripping innocent families from their homes

On Friday, April 19, 2013, during a manhunt for a bombing suspect, police and federal agents spent the day storming people’s homes and performing illegal searches. While it was unclear initially if the home searches were voluntary, it is now crystal clear that they were absolutely NOT voluntary. Police were filmed ripping people from their homes at gunpoint, marching the residents out with their hands raised in submission, and then storming the homes to perform their illegal searches.

Shocking Footage: Americans Ordered Out Of Homes At Gunpoint By SWAT teams

This is what martial law in the US looks like

Steve Watson
Infowars.com
April 22, 2013

Shocking footage has emerged from Friday’s lockdown in Boston, where police, federal agents, national guard troops and SWAT teams enforced door to door searches of everyone’s home within twenty blocks as the entire city was placed under orders to stay off the streets.

The video, shot by a resident from their own house across the street, shows police barking orders at men and women as they order them at gunpoint to identify themselves, put their hands on their heads, and get out of their own home. They are then ordered to run down the street to be further frisked by police as scores of armed militarized cops look on.

The scenes look like something out of a disaster movie, with the backdrop of suburban America juxtaposed with what is essentially martial law playing out in full daylight.

The story floated in the mainstream media that the door to door searches were conducted with the voluntary consent of the residents of Watertown is clearly false. 9000+ Police locked down an entire city and went in with full force, with armored vehicles and combat gear, all to search for an injured 19 year old kid who turned out to be cowering in someone’s back yard.

While armies of police roamed around people’s homes and private property, Public transportation was shut down, businesses were forced to close, and a no-fly zone was enacted over Boston in an unprecedented show of force.

At this point, as military helicopters buzzed over neighborhoods, the Fourth Amendment had ceased to exist in Boston, which quickly resembled a war zone.

The compliant mainstream media reported on the activity without alarm or question. Katy Waldman of Slate wrote an article claiming that under dire circumstances police can suspend 4th Amendment rights against unreasonable searches:

In exigent circumstances, or emergency situations, police can conduct warrantless searches to protect public safety. This exception to the Fourth Amendment’s probable cause requirement normally addresses situations of “hot pursuit,” in which an escaping suspect is tracked to a private home. But it might also apply to the events unfolding in Boston if further harm or injury might be supposed to occur in the time it takes to secure a warrant.

This activity, once again, sets a shocking precedent. Police and military are training in these circumstances every single day of the year. They are fully acclimatized to the process, as if it is completely normal. They do not hesitate in carrying out such orders, which are now being implemented whenever the authorities deem a situation to be an emergency.

This is what fully fledged martial law in America looks like.

http://www.infowars.com/shocking-footage-americans-ordered-out-of-homes-at-gunpoint-by-swat-teams/

Has Watertown Made Warrantless Searches The ‘New Normal’?

April 25, 2013

By Bob Parks

The whole notion of the police “manhunt” is not a new American phenomenon. Cops chase bad guys, cops corner bad guys. Sometimes the bad guys give up quietly, sometimes they go down in a blaze of glory. But we’ve always had rules of engagement when it came to law enforcement interaction with the general public.

It appears all that got thrown out the window in the aftermath of the Boston Marathon terror bombing and the subsequent police chase in Cambridge, Massachusetts that came to a screeching halt in Watertown.

Seemingly, for the first time in the United States, we witnessed paramilitary-garbed law enforcement personnel forcing residents out of their homes at gunpoint. In some cases, the language used by law enforcement was menacing.

Because of the hysteria that comes after any terror event, the American people wanted the perpetrators caught and, in doing so, appeared to have allowed their rights against unlawful search and seizure to not be suspended, but removed.

How many times have we watched cop dramas on television where the police had a pretty good idea of where the bad guys were, but as they weren’t sure, came to the door and asked permission to come inside to “have a look around”? The only time they ever bashed a door in is when they absolutely knew the bad guys were there. If there was ever any doubt, they’d have to wait… for a court order from a judge.

That did not happen here.

The police came to people’s homes, ordered them to leave immediately at the point of a gun in some cases, and then entered their place of residence. It’s never “consensual” when the person asking you for something has a gun in his hand. “Probable cause” is convenient, but in this case, very arbitrary.

Again, I understand this was the culmination of a horrific event, but let’s say instead of the Thursday evening car chase racing through the streets and winding up in Watertown, it went up Route 9 and ended in very upscale Newton?

Do you think armed police would, under the authority of the governor of Massachusetts and the federal government, put an assault rifle nozzle in the face of a potential wealthy political donor? Would those policemen force the family of the elite into the streets while they entered a home that is worth 20 of their salaries combined?

If it weren’t a middle class area like Watertown, would you really see a politician ordering law enforcement to forcibly enter and search homes on the upper west side of Manhattan or Georgetown or Beverly Hills? Would this happen to a celebrity in his home or, heaven forbid, a congressman?

When citizens are searched by pat-down, rousted out of their homes, and we end up thanking the police with blind understanding, the government has essentially found an acceptable means to take more of our rights away without even one politician having to cast a vote.

These past events in Watertown have set a precedent.

The police can now enter our homes anytime they want. It just requires a verbal massaging of the circumstance. After all, who ever heard of “shelter-in-place” before Friday, April 19, 2013?

If the government can order us to stay in our homes, it looks like it can throw us out of them any time it wants… at the point of a gun.

http://cnsnews.com/blog/bob-parks/has-watertown-made-warrantless-searches-new-normal

Systematic House-to-House Raids in Locked-Down Watertown, Massachusetts

Police and FBI Comb Watertown for Bombing Suspect

Boston Bombing: Watertown Operation: SWAT team secures houses searching for Dzhokhar Tsarnaev

Boston Door To Door Searches – Raw Video

Raid on Boston bombing suspect captured on film

Obama signs Executive Order NDRP Martial Law – Hannity Full News Clip Fox News (Mar 19, 2012)

Alex Jones – Obama’s New America with Martial Law

President Obama recently signed an Executive Order giving him the power to implement martial law in the US. The National Defense Resources Preparedness Executive Order will give Obama the power to seize the countries resources in a time of crisis or peace. This includes resources ranging from livestock to sources of energy and water.

Many critics of the Obama Administration believe this is another effort at power grab, but others argue that EO update is irrelevant. Alex Jones, host of The Alex Jones Show, joins RT with his take on the EO.

Obama Signs NDAA Martial Law in America 2012

Obama Signs NDAA Martial Law ∞ Justifying why U have no Rights ? Ron Paul Rohbs new channel

The Final Loss of Freedom in America NDAA.

Scary New NDAA Bill Passed

For Immediate Release
March 16, 2012

Executive Order — National Defense Resources Preparedness

EXECUTIVE ORDER

NATIONAL DEFENSE RESOURCES PREPAREDNESS

By the authority vested in me as President by the Constitution and the laws of the United States of America, including the Defense Production Act of 1950, as amended (50 U.S.C. App. 2061 et seq.), and section 301 of title 3, United States Code, and as Commander in Chief of the Armed Forces of the United States, it is hereby ordered as follows:

PART I  –  PURPOSE, POLICY, AND IMPLEMENTATION

Section 101Purpose.  This order delegates authorities and addresses national defense resource policies and programs under the Defense Production Act of 1950, as amended (the “Act”).

Sec. 102Policy.  The United States must have an industrial and technological base capable of meeting national defense requirements and capable of contributing to the technological superiority of its national defense equipment in peacetime and in times of national emergency.  The domestic industrial and technological base is the foundation for national defense preparedness.  The authorities provided in the Act shall be used to strengthen this base and to ensure it is capable of responding to the national defense needs of the United States.

Sec. 103General Functions.  Executive departments and agencies (agencies) responsible for plans and programs relating to national defense (as defined in section 801(j) of this order), or for resources and services needed to support such plans and programs, shall:

(a)  identify requirements for the full spectrum of emergencies, including essential military and civilian demand;

(b)  assess on an ongoing basis the capability of the domestic industrial and technological base to satisfy requirements in peacetime and times of national emergency, specifically evaluating the availability of the most critical resource and production sources, including subcontractors and suppliers, materials, skilled labor, and professional and technical personnel;

(c)  be prepared, in the event of a potential threat to the security of the United States, to take actions necessary to ensure the availability of adequate resources and production capability, including services and critical technology, for national defense requirements;

(d)  improve the efficiency and responsiveness of the domestic industrial base to support national defense requirements; and

(e)  foster cooperation between the defense and commercial sectors for research and development and for acquisition of materials, services, components, and equipment to enhance industrial base efficiency and responsiveness.

Sec. 104Implementation.  (a)  The National Security Council and Homeland Security Council, in conjunction with the National Economic Council, shall serve as the integrated policymaking forum for consideration and formulation of national defense resource preparedness policy and shall make recommendations to the President on the use of authorities under the Act.

(b)  The Secretary of Homeland Security shall:

(1)  advise the President on issues of national defense resource preparedness and on the use of the authorities and functions delegated by this order;

(2)  provide for the central coordination of the plans and programs incident to authorities and functions delegated under this order, and provide guidance to agencies assigned functions under this order, developed in consultation with such agencies; and

(3)  report to the President periodically concerning all program activities conducted pursuant to this order.

(c)  The Defense Production Act Committee, described in section 701 of this order, shall:

(1)  in a manner consistent with section 2(b) of the Act, 50 U.S.C. App. 2062(b), advise the President through the Assistant to the President and National Security Advisor, the Assistant to the President for Homeland Security and Counterterrorism, and the Assistant to the President for Economic Policy on the effective use of the authorities under the Act; and

(2)  prepare and coordinate an annual report to the Congress pursuant to section 722(d) of the Act, 50 U.S.C. App. 2171(d).

(d)  The Secretary of Commerce, in cooperation with the Secretary of Defense, the Secretary of Homeland Security, and other agencies, shall:

(1)  analyze potential effects of national emergencies on actual production capability, taking into account the entire production system, including shortages of resources, and develop recommended preparedness measures to strengthen capabilities for production increases in national emergencies; and

(2)  perform industry analyses to assess capabilities of the industrial base to support the national defense, and develop policy recommendations to improve the international competitiveness of specific domestic industries and their abilities to meet national defense program needs.

PART II  -  PRIORITIES AND ALLOCATIONS

Sec. 201Priorities and Allocations Authorities.  (a)  The authority of the President conferred by section 101 of the Act, 50 U.S.C. App. 2071, to require acceptance and priority performance of contracts or orders (other than contracts of employment) to promote the national defense over performance of any other contracts or orders, and to allocate materials, services, and facilities as deemed necessary or appropriate to promote the national defense, is delegated to the following agency heads:

(1)  the Secretary of Agriculture with respect to food resources, food resource facilities, livestock resources, veterinary resources, plant health resources, and the domestic distribution of farm equipment and commercial fertilizer;

(2)  the Secretary of Energy with respect to all forms of energy;

(3)  the Secretary of Health and Human Services with respect to health resources;

(4)  the Secretary of Transportation with respect to all forms of civil transportation;

(5)  the Secretary of Defense with respect to water resources; and

(6)  the Secretary of Commerce with respect to all other materials, services, and facilities, including construction materials.

(b)  The Secretary of each agency delegated authority under subsection (a) of this section (resource departments) shall plan for and issue regulations to prioritize and allocate resources and establish standards and procedures by which the authority shall be used to promote the national defense, under both emergency and non-emergency conditions.  Each Secretary shall authorize the heads of other agencies, as appropriate, to place priority ratings on contracts and orders for materials, services, and facilities needed in support of programs approved under section 202 of this order.

(c)  Each resource department shall act, as necessary and appropriate, upon requests for special priorities assistance, as defined by section 801(l) of this order, in a time frame consistent with the urgency of the need at hand.  In situations where there are competing program requirements for limited resources, the resource department shall consult with the Secretary who made the required determination under section 202 of this order.  Such Secretary shall coordinate with and identify for the resource department which program requirements to prioritize on the basis of operational urgency.  In situations involving more than one Secretary making such a required determination under section 202 of this order, the Secretaries shall coordinate with and identify for the resource department which program requirements should receive priority on the basis of operational urgency.

(d)  If agreement cannot be reached between two such Secretaries, then the issue shall be referred to the President through the Assistant to the President and National Security Advisor and the Assistant to the President for Homeland Security and Counterterrorism.

(e)  The Secretary of each resource department, when necessary, shall make the finding required under section 101(b) of the Act, 50 U.S.C. App. 2071(b).  This finding shall be submitted for the President’s approval through the Assistant to the President and National Security Advisor and the Assistant to the President for Homeland Security and Counterterrorism.  Upon such approval, the Secretary of the resource department that made the finding may use the authority of section 101(a) of the Act, 50 U.S.C. App. 2071(a), to control the general distribution of any material (including applicable services) in the civilian market.

Sec. 202Determinations.  Except as provided in section 201(e) of this order, the authority delegated by section 201 of this order may be used only to support programs that have been determined in writing as necessary or appropriate to promote the national defense:

(a)  by the Secretary of Defense with respect to military production and construction, military assistance to foreign nations, military use of civil transportation, stockpiles managed by the Department of Defense, space, and directly related activities;

(b)  by the Secretary of Energy with respect to energy production and construction, distribution and use, and directly related activities; and

(c)  by the Secretary of Homeland Security with respect to all other national defense programs, including civil defense and continuity of Government.

Sec. 203Maximizing Domestic Energy Supplies.  The authorities of the President under section 101(c)(1) (2) of the Act, 50 U.S.C. App. 2071(c)(1) (2), are delegated to the Secretary of Commerce, with the exception that the authority to make findings that materials (including equipment), services, and facilities are critical and essential, as described in section 101(c)(2)(A) of the Act, 50 U.S.C. App. 2071(c)(2)(A), is delegated to the Secretary of Energy.

Sec. 204Chemical and Biological Warfare.  The authority of the President conferred by section 104(b) of the Act, 50 U.S.C. App. 2074(b), is delegated to the Secretary of Defense.  This authority may not be further delegated by the Secretary.

PART III  –  EXPANSION OF PRODUCTIVE CAPACITY AND SUPPLY

Sec. 301Loan Guarantees.  (a)  To reduce current or projected shortfalls of resources, critical technology items, or materials essential for the national defense, the head of each agency engaged in procurement for the national defense, as defined in section 801(h) of this order, is authorized pursuant to section 301 of the Act, 50 U.S.C. App. 2091, to guarantee loans by private institutions.

(b)  Each guaranteeing agency is designated and authorized to:  (1) act as fiscal agent in the making of its own guarantee contracts and in otherwise carrying out the purposes of section 301 of the Act; and (2) contract with any Federal Reserve Bank to assist the agency in serving as fiscal agent.

(c)  Terms and conditions of guarantees under this authority shall be determined in consultation with the Secretary of the Treasury and the Director of the Office of Management and Budget (OMB).  The guaranteeing agency is authorized, following such consultation, to prescribe:  (1) either specifically or by maximum limits or otherwise, rates of interest, guarantee and commitment fees, and other charges which may be made in connection with such guarantee contracts; and (2) regulations governing the forms and procedures (which shall be uniform to the extent practicable) to be utilized in connection therewith.

Sec. 302Loans.  To reduce current or projected shortfalls of resources, critical technology items, or materials essential for the national defense, the head of each agency engaged in procurement for the national defense is delegated the authority of the President under section 302 of the Act, 50 U.S.C. App. 2092, to make loans thereunder.  Terms and conditions of loans under this authority shall be determined in consultation with the Secretary of the Treasury and the Director of OMB.

Sec. 303Additional Authorities.  (a)  To create, maintain, protect, expand, or restore domestic industrial base capabilities essential for the national defense, the head of each agency engaged in procurement for the national defense is delegated the authority of the President under section 303 of the Act, 50 U.S.C. App. 2093, to make provision for purchases of, or commitments to purchase, an industrial resource or a critical technology item for Government use or resale, and to make provision for the development of production capabilities, and for the increased use of emerging technologies in security program applications, and to enable rapid transition of emerging technologies.

(b)  Materials acquired under section 303 of the Act, 50 U.S.C. App. 2093, that exceed the needs of the programs under the Act may be transferred to the National Defense Stockpile, if, in the judgment of the Secretary of Defense as the National Defense Stockpile Manager, such transfers are in the public interest.

Sec. 304Subsidy Payments.  To ensure the supply of raw or nonprocessed materials from high cost sources, or to ensure maximum production or supply in any area at stable prices of any materials in light of a temporary increase in transportation cost, the head of each agency engaged in procurement for the national defense is delegated the authority of the President under section 303(c) of the Act, 50 U.S.C. App. 2093(c), to make subsidy payments, after consultation with the Secretary of the Treasury and the Director of OMB.

Sec. 305Determinations and Findings.  (a)  Pursuant to budget authority provided by an appropriations act in advance for credit assistance under section 301 or 302 of the Act, 50 U.S.C. App. 2091, 2092, and consistent with the Federal Credit Reform Act of 1990, as amended (FCRA), 2 U.S.C. 661 et seq., the head of each agency engaged in procurement for the national defense is delegated the authority to make the determinations set forth in sections 301(a)(2) and 302(b)(2) of the Act, in consultation with the Secretary making the required determination under section 202 of this order; provided, that such determinations shall be made after due consideration of the provisions of OMB Circular A 129 and the credit subsidy score for the relevant loan or loan guarantee as approved by OMB pursuant to FCRA.

(b)  Other than any determination by the President under section 303(a)(7)(b) of the Act, the head of each agency engaged in procurement for the national defense is delegated the authority to make the required determinations, judgments, certifications, findings, and notifications defined under section 303 of the Act, 50 U.S.C. App. 2093, in consultation with the Secretary making the required determination under section 202 of this order.

Sec. 306Strategic and Critical Materials.  The Secretary of Defense, and the Secretary of the Interior in consultation with the Secretary of Defense as the National Defense Stockpile Manager, are each delegated the authority of the President under section 303(a)(1)(B) of the Act, 50 U.S.C. App. 2093(a)(1)(B), to encourage the exploration, development, and mining of strategic and critical materials and other materials.

Sec. 307Substitutes.  The head of each agency engaged in procurement for the national defense is delegated the authority of the President under section 303(g) of the Act, 50 U.S.C. App. 2093(g), to make provision for the development of substitutes for strategic and critical materials, critical components, critical technology items, and other resources to aid the national defense.

Sec. 308Government-Owned Equipment.  The head of each agency engaged in procurement for the national defense is delegated the authority of the President under section 303(e) of the Act, 50 U.S.C. App. 2093(e), to:

(a)  procure and install additional equipment, facilities, processes, or improvements to plants, factories, and other industrial facilities owned by the Federal Government and to procure and install Government owned equipment in plants, factories, or other industrial facilities owned by private persons;

(b)  provide for the modification or expansion of privately owned facilities, including the modification or improvement of production processes, when taking actions under sections 301, 302, or 303 of the Act, 50 U.S.C. App. 2091, 2092, 2093; and

(c)  sell or otherwise transfer equipment owned by the Federal Government and installed under section 303(e) of the Act, 50 U.S.C. App. 2093(e), to the owners of such plants, factories, or other industrial facilities.

Sec. 309Defense Production Act Fund.  The Secretary of Defense is designated the Defense Production Act Fund Manager, in accordance with section 304(f) of the Act, 50 U.S.C. App. 2094(f), and shall carry out the duties specified in section 304 of the Act, in consultation with the agency heads having approved, and appropriated funds for, projects under title III of the Act.

Sec. 310Critical Items.  The head of each agency engaged in procurement for the national defense is delegated the authority of the President under section 107(b)(1) of the Act, 50 U.S.C. App. 2077(b)(1), to take appropriate action to ensure that critical components, critical technology items, essential materials, and industrial resources are available from reliable sources when needed to meet defense requirements during peacetime, graduated mobilization, and national emergency.  Appropriate action may include restricting contract solicitations to reliable sources, restricting contract solicitations to domestic sources (pursuant to statutory authority), stockpiling critical components, and developing substitutes for critical components or critical technology items.

Sec. 311Strengthening Domestic Capability.  The head of each agency engaged in procurement for the national defense is delegated the authority of the President under section 107(a) of the Act, 50 U.S.C. App. 2077(a), to utilize the authority of title III of the Act or any other provision of law to provide appropriate incentives to develop, maintain, modernize, restore, and expand the productive capacities of domestic sources for critical components, critical technology items, materials, and industrial resources essential for the execution of the national security strategy of the United States.

Sec. 312Modernization of Equipment.  The head of each agency engaged in procurement for the national defense, in accordance with section 108(b) of the Act, 50 U.S.C. App. 2078(b), may utilize the authority of title III of the Act to guarantee the purchase or lease of advance manufacturing equipment, and any related services with respect to any such equipment for purposes of the Act.  In considering title III projects, the head of each agency engaged in procurement for the national defense shall provide a strong preference for proposals submitted by a small business supplier or subcontractor in accordance with section 108(b)(2) of the Act, 50 U.S.C. App. 2078(b)(2).

PART IV  -  VOLUNTARY AGREEMENTS AND ADVISORY COMMITTEES

Sec. 401Delegations.  The authority of the President under sections 708(c) and (d) of the Act, 50 U.S.C. App. 2158(c), (d), is delegated to the heads of agencies otherwise delegated authority under this order.  The status of the use of such delegations shall be furnished to the Secretary of Homeland Security.

Sec. 402Advisory Committees.  The authority of the President under section 708(d) of the Act, 50 U.S.C. App. 2158(d), and delegated in section 401 of this order (relating to establishment of advisory committees) shall be exercised only after consultation with, and in accordance with, guidelines and procedures established by the Administrator of General Services.

Sec. 403Regulations.  The Secretary of Homeland Security, after approval of the Attorney General, and after consultation by the Attorney General with the Chairman of the Federal Trade Commission, shall promulgate rules pursuant to section 708(e) of the Act, 50 U.S.C. App. 2158(e), incorporating standards and procedures by which voluntary agreements and plans of action may be developed and carried out.  Such rules may be adopted by other agencies to fulfill the rulemaking requirement of section 708(e) of the Act, 50 U.S.C. App. 2158(e).

PART V  -  EMPLOYMENT OF PERSONNEL

Sec. 501National Defense Executive Reserve.  (a) In accordance with section 710(e) of the Act, 50 U.S.C. App. 2160(e), there is established in the executive branch a National Defense Executive Reserve (NDER) composed of persons of recognized expertise from various segments of the private sector and from Government (except full time Federal employees) for training for employment in executive positions in the Federal Government in the event of a national defense emergency.

(b)  The Secretary of Homeland Security shall issue necessary guidance for the NDER program, including appropriate guidance for establishment, recruitment, training, monitoring, and activation of NDER units and shall be responsible for the overall coordination of the NDER program.  The authority of the President under section 710(e) of the Act, 50 U.S.C. App. 2160(e), to determine periods of national defense emergency is delegated to the Secretary of Homeland Security.

(c)  The head of any agency may implement section 501(a) of this order with respect to NDER operations in such agency.

(d)  The head of each agency with an NDER unit may exercise the authority under section 703 of the Act, 50 U.S.C. App. 2153, to employ civilian personnel when activating all or a part of its NDER unit.  The exercise of this authority shall be subject to the provisions of sections 501(e) and (f) of this order and shall not be redelegated.

(e)  The head of an agency may activate an NDER unit, in whole or in part, upon the written determination of the Secretary of Homeland Security that an emergency affecting the national defense exists and that the activation of the unit is necessary to carry out the emergency program functions of the agency.

(f)  Prior to activating the NDER unit, the head of the agency shall notify, in writing, the Assistant to the President for Homeland Security and Counterterrorism of the impending activation.

Sec. 502Consultants.  The head of each agency otherwise delegated functions under this order is delegated the authority of the President under sections 710(b) and (c) of the Act, 50 U.S.C. App. 2160(b), (c), to employ persons of outstanding experience and ability without compensation and to employ experts, consultants, or organizations.  The authority delegated by this section may not be redelegated.

PART VI  -  LABOR REQUIREMENTS

Sec. 601Secretary of Labor.  (a)  The Secretary of Labor, in coordination with the Secretary of Defense and the heads of other agencies, as deemed appropriate by the Secretary of Labor, shall:

(1)  collect and maintain data necessary to make a continuing appraisal of the Nation’s workforce needs for purposes of national defense;

(2)  upon request by the Director of Selective Service, and in coordination with the Secretary of Defense, assist the Director of Selective Service in development of policies regulating the induction and deferment of persons for duty in the armed services;

(3)  upon request from the head of an agency with authority under this order, consult with that agency with respect to:  (i) the effect of contemplated actions on labor demand and utilization; (ii) the relation of labor demand to materials and facilities requirements; and (iii) such other matters as will assist in making the exercise of priority and allocations functions consistent with effective utilization and distribution of labor;

(4)  upon request from the head of an agency with authority under this order:  (i) formulate plans, programs, and policies for meeting the labor requirements of actions to be taken for national defense purposes; and (ii) estimate training needs to help address national defense requirements and promote necessary and appropriate training programs; and

(5)  develop and implement an effective labor management relations policy to support the activities and programs under this order, with the cooperation of other agencies as deemed appropriate by the Secretary of Labor, including the National Labor Relations Board, the Federal Labor Relations Authority, the National Mediation Board, and the Federal Mediation and Conciliation Service.

(b)  All agencies shall cooperate with the Secretary of Labor, upon request, for the purposes of this section, to the extent permitted by law.

PART VII  -  DEFENSE PRODUCTION ACT COMMITTEE

Sec. 701The Defense Production Act Committee.  (a)  The Defense Production Act Committee (Committee) shall be composed of the following members, in accordance with section 722(b) of the Act, 50 U.S.C. App. 2171(b):

(1)   The Secretary of State;

(2)   The Secretary of the Treasury;

(3)   The Secretary of Defense;

(4)   The Attorney General;

(5)   The Secretary of the Interior;

(6)   The Secretary of Agriculture;

(7)   The Secretary of Commerce;

(8)   The Secretary of Labor;

(9)   The Secretary of Health and Human Services;

(10)  The Secretary of Transportation;

(11)  The Secretary of Energy;

(12)  The Secretary of Homeland Security;

(13)  The Director of National Intelligence;

(14)  The Director of the Central Intelligence Agency;

(15)  The Chair of the Council of Economic Advisers;

(16)  The Administrator of the National Aeronautics and Space Administration; and

(17)  The Administrator of General Services.

(b)  The Director of OMB and the Director of the Office of Science and Technology Policy shall be invited to participate in all Committee meetings and activities in an advisory role.  The Chairperson, as designated by the President pursuant to section 722 of the Act, 50 U.S.C. App. 2171, may invite the heads of other agencies or offices to participate in Committee meetings and activities in an advisory role, as appropriate.

Sec. 702Offsets.  The Secretary of Commerce shall prepare and submit to the Congress the annual report required by section 723 of the Act, 50 U.S.C. App. 2172, in consultation with the Secretaries of State, the Treasury, Defense, and Labor, the United States Trade Representative, the Director of National Intelligence, and the heads of other agencies as appropriate.  The heads of agencies shall provide the Secretary of Commerce with such information as may be necessary for the effective performance of this function.

PART VIII  -  GENERAL PROVISIONS

Sec. 801Definitions.  In addition to the definitions in section 702 of the Act, 50 U.S.C. App. 2152, the following definitions apply throughout this order:

(a)  “Civil transportation” includes movement of persons and property by all modes of transportation in interstate, intrastate, or foreign commerce within the United States, its territories and possessions, and the District of Columbia, and related public storage and warehousing, ports, services, equipment and facilities, such as transportation carrier shop and repair facilities.  “Civil transportation” also shall include direction, control, and coordination of civil transportation capacity regardless of ownership.  “Civil transportation” shall not include transportation owned or controlled by the Department of Defense, use of petroleum and gas pipelines, and coal slurry pipelines used only to supply energy production facilities directly.

(b)  “Energy” means all forms of energy including petroleum, gas (both natural and manufactured), electricity, solid fuels (including all forms of coal, coke, coal chemicals, coal liquification, and coal gasification), solar, wind, other types of renewable energy, atomic energy, and the production, conservation, use, control, and distribution (including pipelines) of all of these forms of energy.

(c)  “Farm equipment” means equipment, machinery, and repair parts manufactured for use on farms in connection with the production or preparation for market use of food resources.

(d)  “Fertilizer” means any product or combination of products that contain one or more of the elements nitrogen, phosphorus, and potassium for use as a plant nutrient.

(e)  “Food resources” means all commodities and products, (simple, mixed, or compound), or complements to such commodities or products, that are capable of being ingested by either human beings or animals, irrespective of other uses to which such commodities or products may be put, at all stages of processing from the raw commodity to the products thereof in vendible form for human or animal consumption.  “Food resources” also means potable water packaged in commercially marketable containers, all starches, sugars, vegetable and animal or marine fats and oils, seed, cotton, hemp, and flax fiber, but does not mean any such material after it loses its identity as an agricultural commodity or agricultural product.

(f)  “Food resource facilities” means plants, machinery, vehicles (including on farm), and other facilities required for the production, processing, distribution, and storage (including cold storage) of food resources, and for the domestic distribution of farm equipment and fertilizer (excluding transportation thereof).

(g)  “Functions” include powers, duties, authority, responsibilities, and discretion.

(h)  “Head of each agency engaged in procurement for the national defense” means the heads of the Departments of State, Justice, the Interior, and Homeland Security, the Office of the Director of National Intelligence, the Central Intelligence Agency, the National Aeronautics and Space Administration, the General Services Administration, and all other agencies with authority delegated under section 201 of this order.

(i)  “Health resources” means drugs, biological products, medical devices, materials, facilities, health supplies, services and equipment required to diagnose, mitigate or prevent the impairment of, improve, treat, cure, or restore the physical or mental health conditions of the population.

(j)  “National defense” means programs for military and energy production or construction, military or critical infrastructure assistance to any foreign nation, homeland security, stockpiling, space, and any directly related activity.  Such term includes emergency preparedness activities conducted pursuant to title VI of the Robert T. Stafford Disaster Relief and Emergency Assistance Act, 42 U.S.C. 5195 et seq., and critical infrastructure protection and restoration.

(k)  “Offsets” means compensation practices required as a condition of purchase in either government to government or commercial sales of defense articles and/or defense services as defined by the Arms Export Control Act, 22 U.S.C. 2751 et seq., and the International Traffic in Arms Regulations, 22 C.F.R. 120.1 130.17.

(l)  “Special priorities assistance” means action by resource departments to assist with expediting deliveries, placing rated orders, locating suppliers, resolving production or delivery conflicts between various rated orders, addressing problems that arise in the fulfillment of a rated order or other action authorized by a delegated agency, and determining the validity of rated orders.

(m)  “Strategic and critical materials” means materials (including energy) that (1) would be needed to supply the military, industrial, and essential civilian needs of the United States during a national emergency, and (2) are not found or produced in the United States in sufficient quantities to meet such need and are vulnerable to the termination or reduction of the availability of the material.

(n)  “Water resources” means all usable water, from all sources, within the jurisdiction of the United States, that can be managed, controlled, and allocated to meet emergency requirements, except “water resources” does not include usable water that qualifies as “food resources.”

Sec. 802General.  (a)  Except as otherwise provided in section 802(c) of this order, the authorities vested in the President by title VII of the Act, 50 U.S.C. App. 2151 et seq., are delegated to the head of each agency in carrying out the delegated authorities under the Act and this order, by the Secretary of Labor in carrying out part VI of this order, and by the Secretary of the Treasury in exercising the functions assigned in Executive Order 11858, as amended.

(b)  The authorities that may be exercised and performed pursuant to section 802(a) of this order shall include:

(1)  the power to redelegate authorities, and to authorize the successive redelegation of authorities to agencies, officers, and employees of the Government; and

(2)  the power of subpoena under section 705 of the Act, 50 U.S.C. App. 2155, with respect to (i) authorities delegated in parts II, III, and section 702 of this order, and (ii) the functions assigned to the Secretary of the Treasury in Executive Order 11858, as amended, provided that the subpoena power referenced in subsections (i) and (ii) shall be utilized only after the scope and purpose of the investigation, inspection, or inquiry to which the subpoena relates have been defined either by the appropriate officer identified in section 802(a) of this order or by such other person or persons as the officer shall designate.

(c)  Excluded from the authorities delegated by section 802(a) of this order are authorities delegated by parts IV and V of this order, authorities in section 721 and 722 of the Act, 50 U.S.C. App. 2170 2171, and the authority with respect to fixing compensation under section 703 of the Act, 50 U.S.C. App. 2153.

Sec. 803Authority.  (a)  Executive Order 12919 of June 3, 1994, and sections 401(3) (4) of Executive Order 12656 of November 18, 1988, are revoked.  All other previously issued orders, regulations, rulings, certificates, directives, and other actions relating to any function affected by this order shall remain in effect except as they are inconsistent with this order or are subsequently amended or revoked under proper authority.  Nothing in this order shall affect the validity or force of anything done under previous delegations or other assignment of authority under the Act.

(b)  Nothing in this order shall affect the authorities assigned under Executive Order 11858 of May 7, 1975, as amended, except as provided in section 802 of this order.

(c)  Nothing in this order shall affect the authorities assigned under Executive Order 12472 of April 3, 1984, as amended.

Sec. 804General Provisions.  (a)  Nothing in this order shall be construed to impair or otherwise affect functions of the Director of OMB relating to budgetary, administrative, or legislative proposals.

(b)  This order shall be implemented consistent with applicable law and subject to the availability of appropriations.

(c)  This order is not intended to, and does not, create any right or benefit, substantive or procedural, enforceable at law or in equity by any party against the United States, its departments, agencies, or entities, its officers, employees, or agents, or any other person.

BARACK OBAMA

THE WHITE HOUSE,
March 16, 2012.

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Public Safety Exception or Enemy Combatant Designation of Boston Bomber Terrorist Suspect Dzhokhar Tsarnaev — The History of FBI Fake Terrorist Plot Planning — The One That Got Away From FBI’s Terror Factory — The Saudi Deportation of Abdul Rahman Ali Alharbi By National Counterterrorism Center (NCTC) Event File Tagged Section 212 3B — “Security and related grounds” — “Terrorist activities” –Videos

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Glenn Beck Reveals More about Saudi National

“…Monday on radio, Glenn Beck revealed further details about the Saudi national who was the first suspect in the Boston marathon bombing. Despite denials from Janet Napolitano and officials from the U.S. Immigrations and Customs (ICE) that a Saudi national was taken into custody in connection to the Boston marathon bombing, several sources have confirmed that Abdul Rahman Ali Al-Harbi was set to be deported for proven terrorist activity.

According to two FBI sources, Abdul Rahman Ali Al-Harbi was taken “into custody” Monday April 15th at a Boston after he was injured in the blast.

A source within the National Counterterrorism Center (NCTC) told TheBlaze that on Monday night Al-Harbi’s Revere, Massachusetts apartment was searched and property was taken out.

At 4:00pm ET on Tuesday April 16th, The NCTC Field Watch Commander created an “event file” calling for Al-Harbi’s deportation using Section 212 3b, which is proven terrorist activity. According to TheBlaze’s sources, tagging someone as 3b requires solid evidence.

Fox News reporter Todd Starnes has also reported, “The Saudi national who was initially detained and then ruled out as a suspect in the Boston Marathon terrorist attack had been flagged on a terror watch list and was granted a student visa without being properly vetted, sources have told me.”

Starnes report no longer appears on the Fox News website, but can be found on Townhall.

Rep. Jeff Duncan (R-SC) has told TheBlaze that he has detailed information on the Saudi national and confirmed that Al-Harbi was to be deported under Section 212 3b of the Immigration and Nationality Act. Alongside three other Congressmen, Rep. Duncan has requested a classified briefing on the Saudi national and the deportation order. …”

http://www.glennbeck.com/2013/04/22/exposed-congressional-sources-confirm-saudi-national-was-to-be-deported-for-security-related-grounds-have-files-in-their-possession/

Obama’s “Catch & Release” of Saudi Boston Marathon Bombing Suspect

Jeff Duncan Questions Napolitano On Deportation Of Saudi National. Boston Bombing

Terror in Boston – Saudi Being Deported For National Security Reason? – What The Hell Is This?

Was The Boston Marathon Bombing Another False Flag Attack by FBI?

Still think the FBI is telling you the truth? CHECK THIS OUT

Abdul Rahman Ali Al-Harbi, Bombing ‘Person Of Interest’ Has 6 Saudi ‘Terrorists’ In Family,5 More Are In Gitmo -

Obama Buries Boston Massacre Saudi Connection

PROOF! Boston Bombing is Staged Terror Attack

Navy Seals Soldiers Bomb Boston Marathon 2013

Inside the FBI’s ‘Terror factory’

Conversations w/Great Minds – The Terror Factory – The FBI “Sting” isn’t what you think P1

Conversations w – Great Minds – FBI Informants focus on Muslims instead of Militias P2…

Reality Check  Is The FBI Making Us Safer Breaking Up Terror Plots    YouTube

Sen. Feinstein, Rep. King Clash Over Suspect’s Enemy Combatant Status: Battlefield Now in The U.S.

Lindsey Graham: ‘A Citizen Can Be An Enemy Combatant,’ And Tsarnaev Should Be Treated Like One

Megyn Kelly Guests Clash Over ‘Enemy Combatant’ Designation For Suspect: ‘Ultimate Act Of Terror’

Rachel Maddow No Miranda Rights For Boston Bombing Suspect

Judge Napolitano: Boston Bombing Reopens Privacy vs. Safety Debate

Reality Check: Did the FBI know about Boston bombing beforehand? – Ben Swann

Former FBI Chief ADMITS Government is Involved in Most ‘Terrorist’ Attacks! 

Boston Bombing Coverup? 

Saudi Arabian Students Searched and Detained By FBI about Boston Terrorist Attack!! 

BREAKING Glenn Beck Gives Government Until Monday to Come Clean About Boston Bombing Cover-Up

Saudi student connected to Boston Marathon bombing – TheBlaze EXCLUSIVE – Glenn Beck Wake Up America 

Hannity. Boston Bombing Saudi Being DEPORTED On National Security Grounds

Glenn Beck’s Big Story On Obama And The Bombing Released!

Glenn Beck Reveals More about Saudi National

FBI Insider: Obama Administration Likely Manufactured Dubious Iran Terror Plot 

Confirmed – No Iran terror plot in FBI system: Lt. Col. Anthony Shaffer Reports 1/2 

Confirmed – No Iran terror plot in FBI system: Lt. Col. Anthony Shaffer Reports 2/2

FBI Fake Terror Plot History: Judge Napolitano

FBI agents craft their own terror plots

FBI Foils Terror Plot They Created, Again

NY Times: Terrorist Plots, Hatched by The F.B.I.

BOSTON BOMBING Did you notice this?

FBI_TERRORPLOT

Background Articles and Videos

Abdulrahman Ali Al-Harbi deportation order records altered

Abdulrahman Ali Al-Harbi was originally named as a ‘person of interest’ after the Boston bombings. The Saudi National was cleared of any involvement in the bombing, but there have been a lot of strange things going on with Abdulrahman Ali Al-Harbi and the Obama regime. According to Breitbart,  the Saudi National Abdulrahman Ali Al-Harbi had his deportation order records altered. This rescinded his deportation order. Michelle Obama decided to pay Al-Harbi a visit while he was in the hospital recovering from wounds in the attack. Michelle Obama never paid a visit to any of the other injured people, including those who lost limbs in the attack. Also, Obama himself met with the Saudi foreign minister two days after the attack. This was not listed on Obama’s public schedule and as usual the media didn’t report on this. Something very fishy is going on here. I wonder if this was supposed to be Glenn Beck’s big ‘bombshell’ for tomorrow? If so, Breitbart scooped him.

Now that it’s been revelaed that Abdulrahman Ali Al-Harbi deportation order records altered, it probably explains why Janet Napolitano got so testy when asked about Al-Harbi last week. Why would Obama or his regime alter the deportation order? Are they hiding something? Of course they are. Without a media in this country, we’ll never know what they are hiding.

The alteration occurred the night before Secretary Napolitano vehemently denied the existence of any deportation order in testimony before the House of Representatives. Sources with knowledge of these matters says the change occurred subsequent to Secretary John Kerry’s closed door meeting on Tuesday with the Saudi Minister and around the time of the meeting between the Saudi Minister and Obama later on Wednesday evening. The Saudi National has been identified as Abdulrahman Ali Al-Harbi. There is no evidence that Al-Harbi is connected to the Boston Marathon Bombings. Steven Emerson announced on Wednesday night’s episode of Hannity that the Saudi National who was a person of interest and later cleared, was set to be deported.

http://www.fireandreamitchell.com/2013/04/21/abdulrahman-ali-al-harbi-deportation-order-records-altered/?utm_source=rss&utm_medium=rss&utm_campaign=abdulrahman-ali-al-harbi-deportation-order-records-altered

Boston MANHUNT is OVER: the Second BOMBER is CAUGHT (FBI FALSE FLAG says the mother)

A retired Lieutenant Colonel in the Army weighs in on Boston.

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Terrorists Bomb Boston Marathon Finish Line — 3 Dead, 180 Injured With Two Bombs — April 15, 2013 — Updated — Photos and Videos

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15 year old girl leaves anti-gun politicians speechless — Videos

Posted on April 20, 2013. Filed under: Blogroll, Business, College, Communications, Economics, Education, government, High School, Law, liberty, Life, Links, media, People, Philosophy, Pistols, Politics, Rants, Raves, Rifles, Video, War, Wealth, Weapons, Wisdom | Tags: , , , , , , |

15-year_old_girl_guns

15 year old girl leaves anti-gun politicians speechless

Background Articles and Videos

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Senate Defeats Obama’s Gun Grabbing Agenda — Videos

Posted on April 17, 2013. Filed under: American History, Blogroll, Business, College, Communications, Computers, Crime, Drug Cartels, Economics, Education, government, government spending, history, Inflation, Investments, Language, Law, liberty, Life, Links, Literacy, People, Philosophy, Politics, Private Sector, Public Sector, Raves, Talk Radio, Unions, Video, War, Wisdom | Tags: , , , , , , , |

Gun Control NOT Working

Obama’s Emotional Speech On Gun Control Vote FAIL Senate rejects expanded gun background checks

OBAMA’S & THE MSM’S PUSH FOR GUN CONTROL LOSES STEAM 

04/17/13 Ted Cruz Speaks about new gun control amendments

Rand Paul: We Will Filibuster Any Gun Control Bills – Hannity 3/28/2013

Obama Has Been Planning Gun Control For A Long Time

Penn & Teller  Bullshit! – Gun Control -

FEAR & LOADING in US: GUN SALES sky ROCKET as fears of TOUGHER GOVT’ GUN control RISE! [GUN-WARS]

Why Switzerland Has The Lowest Crime Rate In The World

Pro-gun rallies held across US

Ted Nugent Exposes Gun Trafficker General Eric Holder

National Instant Criminal Background Check System Overview

When buying a firearm, background checks are processed via the National Instant Criminal Background Check System (NICS). This is a great overview of the NICS process.

FBI NICS at NRA Convention

FBI: National Instant Criminal Background Check System [1998]

Gun Background Checks: How the System is Still Broken

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Bill Bonner and Addison Wiggin — A Financial Reckoning Day Fallout: Surviving Today’s Global Depression — Videos

Posted on April 15, 2013. Filed under: American History, Babies, Banking, Blogroll, Books, Business, College, Communications, Demographics, Diasters, Economics, Education, Employment, Federal Government, Federal Government Budget, Fiscal Policy, Foreign Policy, government, government spending, history, History of Economic Thought, Investments, Law, liberty, Life, Links, Literacy, Macroeconomics, Math, media, Microeconomics, Monetary Policy, Money, People, Philosophy, Politics, Private Sector, Psychology, Public Sector, Raves, Security, Tax Policy, Taxes, Unemployment, Unions, Video, War, Wealth, Wisdom | Tags: , , , , , , , |

bill-bonner

AddisonWiggin_EI_play

financial_day_of_reckoning

An Empire of Debt Leading to a “Crack-up” in the Global Monetary System w/Bill Bonner!

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Bill Bonner at The Equitymaster Investment Summit 2010

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Bill Bonner: Enterprise Under Attack Part 2 – July 24

Bill Bonner:  Enterprise Under Attack Part 3 – July 24

Addison Wiggin / Financial Reckoning Day Fallout on FOX Business News

Addison Wiggin on an Empire of Debt and the Mother of all Bubbles (Part 1) 

Addison Wiggin on an Empire of Debt and the Mother of all Bubbles (Part 2) 

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Democratic Controlled U.S. Senate Fiscal Year 2014 Budget for the Federal Government — Videos

Posted on April 14, 2013. Filed under: American History, Banking, Blogroll, Business, Climate, College, Communications, Demographics, Diasters, Economics, Education, Employment, Energy, Enivornment, Farming, Federal Government, Federal Government Budget, Fiscal Policy, Food, Foreign Policy, government, government spending, history, Homes, Immigration, Inflation, Investments, Language, Law, liberty, Life, Links, Literacy, Macroeconomics, media, Microeconomics, Monetary Policy, Money, People, Philosophy, Politics, Private Sector, Psychology, Public Sector, Rants, Raves, Regulations, Tax Policy, Taxes, Technology, Unemployment, Unions, Video, War, Wealth, Weapons, Wisdom | Tags: , , , , , , , , , , , , , , , |

Senate-Budget-Committee-Chair-Patty-Murray-via-AFPThe-Presidents-Fiscal-Year-2014-Budget-proposal-is-delivered-to-the-Senate-Budget-Committee_10_1The Hosue Budget Committee releases it's FY2014 Budget in Washington

Paul Ryan Questions OMB Director – President’s Fiscal Year 2014 Budget Request

Sessions: Obama’s Persistent Budget Misrepresentations Make Compromise More Difficult

‘When Do We Hold People Accountable?’ Sessions Slams Dems For Falsely Claiming ‘Balance’ To Nation

WASHINGTON, March 22—Throughout the course of the budget debate, Democratic Senators have repeatedly suggested their budget contains a “balanced approach,” a rhetorical description that has no accounting value. (Sen. Sheldon Whitehouse (D-RI) went even further last night and repeatedly said his party’s plan called for “balancing the budget.”)

But as Sen. Sessions pointed out this morning, “They know they don’t have a balanced budget. They won’t tell the American people they don’t have one. They just use the word. But it’s not in their document. Where and when do we hold people accountable in this United States Senate for an accurate [description] of legislation? It’s wrong.”

To view for yourself the budget tables with the Democrats’ own numbers (in other words, before one even begins to strip out all the gimmicks and accounting tricks), please click here: http://1.usa.gov/YwdsbM. Note that cumulative deficits will amount to $5.198 trillion, and the nation’s gross debt will climb to $24.365 trillion by 2023.

Dem Senators On Budget Committee Unanimously Oppose Balancing The Federal Budget

Hatch on Senate Democrats’ Budget: ‘A Cynical Political Document’

Senator King Discusses 2014 Fiscal Year Budget Blueprint

Sessions: Dem Budget Would Trap Millions In Poverty By Shielding Failed Government Programs

 Senate Budget Committee Hearing | 4.10.13 | Chairman Murray Opening Remarks

Chairman Murray Kicks Off Senate Budget Resolution Debate with Speech on Senate Floor

Foundation for Growth: Restoring the Promise of American Opportunity

U.S. Senate Budget Committee

Senate Budget Committee Chairman Patty Murray unveils her vision for the Fiscal Year 2014 Senate Budget resolution.

For more information: http://www.budget.senate.gov/democrat­ic

Portman Remarks at Senate Budget Committee Markup 

Hatch: Entitlement Reform Not an Option, a Necessity

Background Articles and Videos

Making the Federal Budget

How do you spend four trillion dollars? Turns out, you don’t; it takes the President and the Congress to allocate, authorize, appropriate, resolve, outlay, sequester, impound, and just plain spend that much in 2011. Such a process is baffling at times. It’s so complex that you may marvel that Washington can get any action accomplished and paid for at all. So how does the federal budget happen?

Join the Mercatus Center’s Capitol Hill Campus and Senior Research Fellow Jason J. Fichtner for a walk through the process of making the federal budget. He explains the process from its beginnings in the halls of the White House, highlight the many roles Congress takes to authorize and enforce the budget, and navigate the twisting, puzzling conglomeration of bureaucratic steps, political goals, and accountancy rules that go into making our government function.

Changing the Budget Process to Promote Fiscal Responsibility

A Sustainable Approach to Entitlement Reform 

Foundation for Growth: Restoring the Promise of American Opportunity

The Fiscal Year 2014 Senate Budget builds on the work done over the last two years to create jobs, invest in broad-based economic growth, and tackle our deficit and debt responsibly.

This budget takes the balanced and responsible approach to our fiscal challenges that every bipartisan group has endorsed and that the American people support. It includes responsible spending cuts made across the federal budget, as well as significant new savings achieved by eliminating loopholes and cutting wasteful spending in the tax code that benefits the wealthiest Americans and biggest corporations.

The Senate Budget is grounded in the understanding that our country’s long-term fiscal and economic goals will only be met with policies that support a strong and growing middle class. And it keeps the promises we have made to our seniors, our families, and our communities.

The American people are sick and tired of watching their government lurch from crisis to crisis. The Senate Budget offers a serious and credible path away from this gridlock and dysfunction and toward a long-term plan to create jobs, lay down a strong foundation for broad-based economic growth, replace sequestration, and tackle our deficit and debt responsibly and credibly.

This budget reflects the values of a diverse Senate serving a diverse nation, and it is guided by the principles and priorities that are strongly supported by the constituents we were elected to represent

http://www.budget.senate.gov/democratic/index.cfm/senatebudget

 

Foundation for Growth: Restoring the Promise of American Opportunity

The Fiscal Year 2014 Senate Budget builds on the work done over the last two years to create jobs, invest in broad-based economic growth, and tackle our deficit and debt responsibly.

This budget takes the balanced and responsible approach to our fiscal challenges that every bipartisan group has endorsed and that the American people support. It includes responsible spending cuts made across the federal budget, as well as significant new savings achieved by eliminating loopholes and cutting wasteful spending in the tax code that benefits the wealthiest Americans and biggest corporations.

The Senate Budget is grounded in the understanding that our country’s long-term fiscal and economic goals will only be met with policies that support a strong and growing middle class. And it keeps the promises we have made to our seniors, our families, and our communities.

The American people are sick and tired of watching their government lurch from crisis to crisis. The Senate Budget offers a serious and credible path away from this gridlock and dysfunction and toward a long-term plan to create jobs, lay down a strong foundation for broad-based economic growth, replace sequestration, and tackle our deficit and debt responsibly and credibly.

This budget reflects the values of a diverse Senate serving a diverse nation, and it is guided by the principles and priorities that are strongly supported by the constituents we were elected to represent.

The highest priority of the Senate Budget is to create the conditions for job creation, economic growth, and prosperity built from the middle out, not the top down.

The Senate Budget takes the position that trickle-down economics has failed as an economic policy and that true national prosperity comes from the middle out, not the top down. We believe that deficit reduction at the expense of economic growth is doomed to failure, and policies that promote a strong middle class are essential to tackling our long-term deficit and debt challenges.

The policies President Barack Obama and Congress put in place in response to the Great Recession pulled our economy back from the brink and helped to add back jobs. But with an unemployment rate that remains stubbornly high, and a middle class that has seen their wages stagnate for far too long, we simply cannot afford any threats to our fragile recovery. Therefore, the Senate Budget:

• Fully replaces the harmful cuts from sequestration with smart, balanced, and responsible deficit reduction, which would save hundreds of thousands of jobs while protecting families, communities, and the fragile economic recovery.

• Invests in long-term economic growth and national competitiveness by tackling our serious deficits in infrastructure, education, job training, and innovation to create jobs now and lay down a strong foundation for broad-based growth.

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• Includes a $100 billion targeted jobs and infrastructure package that would start creating new jobs quickly, begin repairing the worst of our crumbling roads and bridges, and help train our workers to fill 21

st century jobs. This jobs investment package is fully paid for by eliminating loopholes and cutting wasteful spending in the tax code that benefits the wealthiest Americans and biggest corporations.

• Protects and continues tax cuts for the middle class and low-income working families.

The Senate Budget builds on the work we have done over the last two years to tackle our deficit and debt responsibly.

At the end of 2010, the bipartisan Simpson-Bowles Commission report laid out a responsible goal of reducing our deficit by $4 trillion over ten years. Since that time, Congress and the administration have implemented $2.4 trillion in deficit reduction, with $1.8 trillion coming from spending cuts and $600 billion coming from new revenue from the wealthiest Americans. The Senate Budget:

• Surpasses the bipartisan goal of $4 trillion in 10-year deficit reduction and puts our deficit and debt on a downward, sustainable, and responsible path.

• Builds on the $2.4 trillion in deficit reduction already done with an additional $1.85 trillion in new deficit reduction for a total of $4.25 trillion in deficit reduction since the Simpson-Bowles report.

• Includes an equal mix of responsible spending cuts and new revenue raised by closing loopholes and ending wasteful spending in the tax code.

• Achieves $975 billion in deficit reduction through responsible spending cuts made across the federal budget:

o

$493 billion saved on the domestic spending side, including $275 billion in health care savings made in a way that does not harm seniors or families.

 

o

$240 billion saved by carefully and responsibly cutting defense spending to align with the drawdown of troops in our overseas operations.

 

o

$242 billion saved in reduced interest payments.

• Achieves $975 billion in deficit reduction by closing loopholes and eliminating wasteful spending in the tax code that benefits the wealthiest Americans and biggest corporations.

• Includes reconciliation instructions, a fast-track process that makes sure that the new revenue from the wealthiest Americans and biggest corporations cannot be filibustered in the Senate.

3

The Senate Budget keeps the promises we have made to our seniors, families, veterans, and communities.

The Senate Budget takes the position that the promises we made to our seniors, families, veterans, and communities ought to be fulfilled. This budget:

• Preserves and protects Medicare so that it is strong for seniors today and will be there for our children and grandchildren.

• Rejects calls to dismantle, privatize, or voucherize Medicare.

• Builds on the responsible changes made in the Affordable Care Act to continue reducing health care costs while protecting patients.

• Protects the expansion of health insurance to nearly 30 million Americans and ensures the federal-state partnership on Medicaid is preserved.

• Rejects efforts to simply shift health care costs to states or make cuts that harm seniors and the most vulnerable families.

• Maintains the key principle that deficit reduction should not be done on the backs of the most vulnerable families and communities.

• Continues to make the investments we need in national defense, homeland security, and law enforcement to keep our country and our communities strong and secure.

• Keeps the promise we have made to our veterans that their country will be there for them and provide the resources and support they need when they come home.

The House Republican approach would hurt middle class families and the economy and break the promises we have made to our seniors.

The Senate Budget offers a very different vision than the approach taken by House Republicans.

Their proposals would cut the legs out from under our fragile economic recovery and threaten millions of jobs. They would slash the investments in infrastructure, education, and innovation that we need to lay down a strong foundation for broad-based growth and that would position us to compete and win in the 21

st century global economy.

House Republicans would dismantle Medicare and cut off programs that support the middle class and most vulnerable families. And they would do all that while refusing to ask the wealthiest Americans and biggest corporations to contribute their fair share.

We believe that the American people strongly support the pro-growth, pro-middle class approach taken in the Senate Budget. And we look forward to engaging with families and seniors across the country as we work to pass the responsible, fair, and bipartisan budget deal the American people expect and deserve.

April 2013
March 2013

The following timetable is used to guide the federal budget process each year (see 2. U.S.C. 631)

Date Action
1st Monday in February President’s budget submission (includes OMB sequester preview report and adjustments to spending caps).
February 15 CBO budget and economic outlook report
Within 6 weeks of President’s budget Committees submit views and estimates to the Budget Committees
April 1 Senate Budget Committee reports resolution
April 15 Congress completes budget resolution. If not, Chairman of House Budget Committee files 302(a) allocations; Ways and Means is free to proceed with pay-as-you-go measures
May 15 Appropriations bills may be considered in the House
June 10 House Appropriations reports last bill
June 15 Congress completes action on reconciliation reconciliation (if applicable)
June 30 House completes action on annual appropriation bills
July 15 President submits mid-session review
October 1

Fiscal year begins

Home / Committee Resources / Glossary

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Appropriations Act: A statute, under the jurisdiction of the House and Senate Appropriations Committees, that generally provides authority for Federal agencies to incur obligations and to make payments out of the Treasury for specified purposes. An appropriation act is the most common means of providing budget authority. Currently, there are 13 regular appropriations acts for each fiscal year. From time to time, Congress also enacts supplemental appropriations acts. (See Appropriations under Budget Authority; Continuing Resolution; Supplemental Appropriation.)

Authorizing Committee: A committee of the House or Senate with legislative jurisdiction over laws that set up or continue the operations of Federal programs and provide the legal basis for making appropriations for those programs. Authorizing committees also have direct control over spending for mandatory programs since the Government’s obligation to make payments for such program is contained in the authorizing legislation (See Entitlement.)

Authorizing Legislation: Legislation enacted by Congress that sets up or continues the operation of a Federal program or agency indefinitely or for a specific period of time. Authorizing legislation may limit the amount of budget authority which can be appropriated for a program or may authorize the appropriation of “such sums as are necessary.” (See Budget Authority; Entitlement.)

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B

Backdoor Spending: (See Direct Spending or Mandatory Spending.)

Budget Authority: The authority Congress gives to Government agencies, permitting them to enter into obligations which will result in immediate or future outlays.

Budget authority may be classified in several ways. It may be classified by the form it takes: appropriations, borrowing authority, or contract authority. Budget authority may also be classified by the determination of amount: definite authority or indefinite authority. Finally budget authority may be classified by the period of availability: 1-year authority, multi-year authority, or no-year authority (available until used).

Forms of Budget Authority

Appropriations.–An act of Congress that permits Federal agencies to incur obligations and to make payments out of the Treasury for specified purposes. An appropriations act is the most common means of providing budget authority.

Borrowing Authority.–Statutory authority that permits a Federal agency to incur obligations and to make payments for specified purposes out of money borrowed from the Treasury, the Federal Financing Bank, or the public. The Budget Act in most cases requires that new authority to borrow must be approved in advance in an appropriation act.

Contract Authority.–Statutory authority that permits a Federal agency to enter into contracts in advance of appropriations. Under the Budget Act, most new authority to contract must be approved in advance in an appropriation act. Offsetting collections and receipts.–Income from the public which is displayed in the budget as negative budget authority. (See Offsetting Collections and Offsetting Receipts.

Budget Baseline: Projected Federal spending, revenue and deficit levels based on the assumption that current policies will continue unchanged for the upcoming fiscal year.

In determining the budget baseline under Gramm-Rudman-Hollings, the Directors of OMB and CBO estimate revenue levels and spending levels for entitlement programs based on continuation of current laws. For estimating discretionary spending amounts (both defense and non- defense), the Directors assume an adjustment for inflation (GNP deflator) added to the previous year’s discretionary spending levels. The baseline also includes sufficient appropriations to cover a Federal pay comparability raise (without absorption).

Budget Deficit: The amount by which the Government’s total outlays exceed its total revenues for a given fiscal year. (See Outlays; Revenues.)

Budget Resolution: A concurrent resolution passed by both Houses of Congress setting forth, reaffirming, or revising the congressional budget for the U.S. Government for a fiscal year. A budget resolution is a concurrent resolution of Congress. Concurrent resolutions do not require a presidential signature because they are not laws. Budget resolutions do not need to be laws because they are a legislative device for the Congress to regulate itself as it works on spending and revenue bills.

(Unified) Budget Surplus: The amount by which the Government’s revenues exceed its outlays for a given fiscal year. The “on-budget surplus” excludes spending and revenues of the Social Security Trust Fund, and the Postal Service. (See Outlays; Revenues.)

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Capital Budget: A budget that segregates capital spending from all other spending, what is usually considered the “operating budget.” In a capital budget, spending and receipts in the capital budget are excluded from the operating budget and are not included in the operating budget’s deficit or surplus calculations. A capital budget would include spending only for capital assets. Capital assets are usually defined to be limited to land, structures, equipment, and intellectual property that are owned and used by the Federal government and have a useful life of more than 2 years. However, some proponents of capital budgeting have suggested that capital should be defined to include Federal “investment” spending that yields long-term benefits. President Clinton established a Commission to Study Capital Budgeting by issuing Executive Order 13037 on March 3, 1997. The Commission is required to issue its report by December 17, 1998.

Congressional Budget: (See Budget Resolution.)

Continuing Resolution: Appropriations legislation enacted by Congress to provide temporary budget authority for Federal agencies to keep them in operation when their regular appropriation bill has not been enacted by the start of the fiscal year. A continuing resolution is a joint resolution, which has the same legal status as a bill.

A continuing resolution frequently specifies a maximum rate at which obligations may be incurred, based on the rate of the prior year, the President’s budget request, or an appropriation bill passed by either or both chambers of Congress. However, there have been instances when Congress has used a continuing resolution as an omnibus measure to enact a number of appropriation bills.

A continuing resolution is a form of appropriation act and should not be confused with the budget resolution.

Credit Authority: Authority to incur direct loan obligations or to incur primary loan guarantee commitments. Under the Budget Act, new credit authority must be approved in advance in an appropriation act.

Crosswalk: Also known as “committee allocation” or “section 302 allocation.” The means by which budget resolution spending totals are translated into binding guidelines with respect to budget authority and outlays for committee action on spending bills. The Budget Committees allocate the budget resolution totals among the committees by jurisdiction, Crosswalk allocations of budget authority and outlays to the committee appear in the joint explanatory statement accompanying a conference report on the budget resolution.

Current Services Budget: A section of the President’s budget, required by the Budget Act, that sets forth the level of spending or taxes that would occur if existing programs and policies were continued unchanged through the fiscal year and beyond, with all programs adjusted for inflation so that existing levels of activity are maintained. (See Baseline.)

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Deferral of Budget Authority: An action by the executive branch that delays the obligation of budget authority beyond the point it would normally occur. Pursuant to the Congressional Budget and Impoundment Control Act of 1974, the President must provide advanced notice to the Congress of any proposed deferrals. A deferral may not extend beyond the end of the fiscal year in which the President’s message proposing the deferral is made. Congress may overturn a deferral by passing a law disapproving the deferral.

Deficit: The amount by which the government’s total budget outlays exceeds its total receipts for a fiscal year.

Direct Spending: A term defined in the Budget Enforcement Act of 1990 to include entitlement authority, the food stamp program, and budget authority provided in law other than appropriations acts. From the perspective of the appropriations process, all direct spending is classified as mandatory as opposed to discretionary spending. New direct spending is subject to pay-as-you-go requirements. Direct spending is synonymous with mandatory spending. (See Mandatory Spending and Entitlement.)

Discretionary Spending: A category of spending (budget authority and outlays) subject to the annual appropriations process. (See Appropriations Acts.)

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Entitlement: Programs that are governed by legislation in a way that legally obligates the Federal government to make specific payments to qualified recipients. Payments to persons under the Social Security, Medicare, and veterans’ pensions programs are considered to be entitlements. (See Direct Spending and Mandatory Spending.)

Emergency Spending: As provided in the Budget Enforcement Act, a provision of legislation designated as an emergency by both the President and the Congress. As a result, this additional spending is not subject to the discretionary caps or the pay go requirements and thus will not cause a sequester. In addition, emergency legislation is effectively exempt from Budget Act points of order.

There is no specific criteria in the law for emergency spending. However, the following criteria were contained in a June 1991 report prepared by the Office of Management and Budget–as required by Pub. L. No. 102-55 for the determination of whether to designate spending as an emergency spending:

Necessary expenditure.–an essential or vital expenditure, not one that is merely useful or beneficial;

Sudden.–quickly coming into being, not building up over time;

Urgent.–pressing and compelling need requiring immediate action;

Unforseen.–not predictable or seen beforehand as a coming need (an emergency that is part of an aggregate level of anticipated emergencies, particularly when normally estimated in advance, would not be “unforseen”); and

Not permanent.–the need is temporary in nature.

Expenditures: (See Outlays.)

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Federal Debt: Consists of all Treasury and agency debt issues outstanding. Current law places a limit or ceiling on the amount of debt. Debt subject to limit has two components: debt held by the government and debt held by the public.

Debt held by the government.–Represents the holdings of debt by federal trust funds and other special government funds. For example, when a trust fund is in surplus as is presently the case with Social Security, the law requires that this surplus be invested in government securities.

Debt held by the public.–Represents the holdings of debt by individuals, institutions, other buyers outside the federal government, and the Federal Reserve System. The change in debt held by the public in any given year closely tracks the unified budget deficit for that year.

Fiscal Policy: Federal government policies with respect to taxes, spending, and debt management intended to promote the nations’ macroeconomic goals, particularly with respect to employment, gross national product, price level stability, and equilibrium in balance of payments. The budget process is a major vehicle for determining and implementing Federal fiscal policy. The other major component of Federal macroeconomic policy is monetary policy. (See Monetary Policy.)

Fiscal Year: A fiscal year is a 12-month accounting period. The fiscal for the Federal Government begins October 1 and ends September 30. The fiscal year is designated by the calendar year in which it ends; for example fiscal year 1997 is the year beginning October 1, 1996, and ending September 30, 1997.

Functional Classification: A system of classifying budget resources by major purpose so that budget authority, outlays, and credit activities can be related in terms of the national needs being addressed (for example, national defense, health) regardless of the agency administrating the program. There are currently 20 functions. A function may be divided into two or more subfunctions depending upon the complexity of the national need addressed by that function. (See Budget Authority; Outlays.)

return to topIImpoundment: A generic term referring to any action or inaction by an officer or employee of the U.S. Government that precludes the obligation or expenditure of budget authority in the manner intended by Congress. (See Deferral of Budget Authority; Rescission of Budget Authority.) return to topJJoint Committee on Taxation (JCT): Section 8001 of the Internal Revenue Code authorized the creation of the Joint Committee on Taxation. By statute, it is composed of five members from the Committee on Finance (three majority, two minority) chosen by such Committee and five members from the Committee on Ways and Means (three majority, two minority) chosen by such Committee. In practice, the Chairmanship and Vice Chairmanship of the Joint Committee on Taxation has rotated between the Chairman of the Committee on Finance and the Chairman of the Committee on Ways and Means with each new Congress. Among other things, the JCT’s duties are to investigate the operation and effects of the federal tax system. return to topM

Mandatory Spending: Refers to spending for programs the level of which is governed by formulas or criteria set forth in authorizing legislation rather than by appropriations. Examples of mandatory spending include: Social Security, Medicare, veterans’ pensions, rehabilitation services, Members’ pay, judges pay and the payment of interest of the public debt. Many of these programs are considered entitlement. (See Direct Spending.)

Mark-Up: Meetings where congressional committees work on language of bills or resolutions. At Budget Committee mark-ups, the House and Senate Budget Committees work on the language and numbers contained in budget resolutions and legislation affecting the congressional budget process.

Monetary Policy: Management of the money supply, under the direction of the Board of Governors of the Federal Reserve system, with the aim of achieving price stability and full employment. Government actions in guiding monetary policy, include currency revaluation, credit contradiction or expansion, rediscount policy, regulation of bank reserves and the purchase and sale of Government securities. (See Fiscal Policy.)

return to topNNet Deficit Reduction: Savings below the defined budget baseline achieved for the upcoming fiscal year because of laws enacted or final regulations promulgated since January 1. CBO and OMB independently estimate these savings in their initial and final sequester reports. return to topO

Offsetting Collections: Income from the public that results from the government engaging in “business-like” activities with the public, such as the sale of products or the rendering of a service. Examples include proceeds funds derived from the sale of postage stamps. Offsetting collections are credited against the level of budget authority or outlays associated with a specific program or account. (See Offsetting receipts.)

Offsetting Receipts: Income from the public that results from the government engaging in “business-like” activities with the public such as the sale of products or the rendering of services. Examples include proceeds from the sale of timber from Federal lands or entrance fees paid at national parks. Rather than being credited against the spending of a particular program or account, (as in the case with offsetting collections) offsetting receipts are deducted from total budget authority and outlays rather than added to Federal revenues even though they are deposited in the Treasury as miscellaneous receipts. Generally offsetting receipts are associated with mandatory spending. (See Offsetting collections.)

Off-budget Federal Entity: Any Federal fund or trust fund whose transactions are required by law to be excluded from the totals of President’s budget submission and Congress’ budget resolution, despite the fact that these are part of the government’s total transactions. Current law requires that the Social Security trust funds (the Federal Old Age, Survivors, and Disability trust fund) and the Postal Service be off-budget. However, these entities are reflected in the budget in that they are included in calculating the deficit in order to derive the total government deficit that must be financed by borrowing from the public or by other means. All other federal funds and trust funds are on budget. (See Unified Budget.)

Outlays: Outlays are disbursements by the Federal Treasury in the form of checks or cash. Outlays flow in part from budget authority granted in prior years and in part from budget authority provided for the year in which the disbursements occur.

Outlay Rates: The ratio of outlays (actual government disbursements) in a fiscal year relative to new budgetary resources in that fiscal year. In estimating the budget baseline and baseline deficit for their sequestration reports, CBO and OMB use outlay rates for projecting levels of spending resulting from available budget authority.

return to topP

Pay-as-you-go: Arises in two separate contexts: a point of order in the Senate and a sequester order from OMB.

Pay-as-you-go in the Senate.–Since fiscal year 1994, the budget resolution has included a pay-as-you-go rule in the Senate. The rule provides a 3/5ths vote point of order in the Senate against consideration of legislation that would cause a net increase in the deficit over a ten year period. It applies to all legislation except appropriations legislation. To determine a violation, CBO measures the budget impact of a direct spending or revenue bill combined with the budget impact of all direct spending and revenue legislation enacted since the latest budget resolution’s adoption to see if the legislation would result in a net deficit increase for any one of three time periods (the first year, the sum of years 1 through 5, and the sum of years 6 through 10.) The pay-go rule sunsets at the end of fiscal year 2002.

Pay-as-you-go and sequestration under the BEA.–The Budget Enforcement Act requires OMB to also enforce a “pay-as-you-go” requirement which has a similar effect as the Senate’s point of order: Congress is required to “pay for” any changes to programs which result in an increase in direct spending, or in this case risk a sequester. If OMB estimates that the sum of all direct spending and revenue legislation enacted since 1990 will result in a net increase in the deficit for the fiscal year, then the President is required to issue a sequester order reducing all non-exempt direct spending accounts by a uniform percentage in order to eliminate the net deficit increase. Most direct spending is either exempt from a sequester order or operates under special rules that minimize the reduction that can be made in direct spending. Social Security is exempt from a pay-as-you-go sequester and Medicare cannot be reduced by more than 4 percent.

President’s Budget: The document sent to Congress by the President in January or February of each year, requesting new budget authority for Federal programs and estimating Federal revenues and outlays for the upcoming fiscal year.

return to topR

Revenues: Collections from the public arising from the Government’s sovereign power to tax. Revenues include individual and corporate income taxes, social insurance taxes (such as social security payroll taxes), excise taxes, estate and gift taxes, customs duties and the like.

Reconciliation Process: A process by which Congress includes in a budget resolution “reconciliation instructions” to specific committees, directing them to report legislation which changes existing laws, usually for the purpose of decreasing spending or increasing revenues by a specified amount by a certain date. The legislation may also contain an increase in the debt limit. The reported legislation is then considered as a single “reconciliation bill under expedited procedures.”  Reserve Fund: A provision in a budget resolution that grants the Chairman of the Budget Committee the authority to make changes in budget aggregates and committee allocations once some condition or conditions have been met. Since a budget resolution establishes a binding ceiling on aggregate budget authority and outlay levels and a binding floor on revenues, budget resolutions frequently include reserve funds for deficit-neutral legislation that would otherwise violate the budget resolution and be subject to a point of order under the Budget Act. For example, the FY 1997 budget resolution included a tax reduction reserve fund that allowed the Chairman to reduce the revenue floor and the relevant spending allocations to accommodate legislation that reduced taxes if that legislation also contained offsetting spending reductions.

Rescission of Budget Authority: Cancellation of budget authority before the time when the authority would otherwise cease to be available for obligation. The rescission process begins when the President proposes a rescission to the Congress for fiscal or policy reasons. Unlike the deferral of budget authority which occurs unless Congress acts to disapprove the deferral, rescission off budget authority occurs only if Congress enacts the rescission. (See Deferral of Budget Authority; Impoundment.)

return to topS

Scoring or Scorekeeping: The process for estimating budget authority, outlay, revenue and deficit levels which result from congressional budgetary actions. Scorekeeping data prepared by the Congressional Budget Office include status reports on the effect of congressional actions and comparisons of these actions to targets and ceilings set by Congress in budget resolutions. These reports are published in the Congressional Record on a regular basis. OMB is responsible for scoring legislation to determine if a sequester is necessary.

Sequester: Pursuant to Gramm-Rudman-Hollings, a presidential spending reduction order that occurs by reducing spending by uniform percentages.

Sequestrable Resource: Pursuant to Gramm-Rudman-Hollings federal funding authority (budgetary resources) subject to reductions under a presidential sequester order for achieving required outlay reductions (in non-exempt programs).

Supplemental Appropriation: An act appropriating funds in addition to those in the 13 regular annual appropriations acts. Supplemental appropriations provide additional budget authority beyond the original estimates for programs or activities (including new programs authorized after the date of the original appropriation act) in cases where the need for funds is too urgent to be postponed until enactment of the next regular appropriation bill. (See Appropriations Act.)

return to topTTax Expenditures: Revenue losses attributable to a special exclusion, exemption, or deduction from gross income or to a special credit, preferential rate of tax, or deferral of tax liability. return to topU

Unfunded Mandates: A Federal Intergovernmental Mandate is any provision in legislation, statute, or regulation that would impose an enforceable duty upon State, local or tribal government, except as conditions of assistance or duties arising from participation in a voluntary federal program. Exceptions to this rule are: enforcing constitutional rights; statutory prohibitions against discrimination; emergency assistance requested by states; accounting/auditing for federal assistance; national security; Presidential designated emergencies; and Social Security. Provisions that increase stringency of conditions of assistance or decrease federal funding for large state entitlement programs (greater than $500 million) if states lack authority to decrease their responsibilities are considered mandates as well.

A Federal Private Sector Mandate is any provision in legislation, statute, or regulation that would impose an enforceable duty upon the private sector. The exceptions are a condition of Federal assistance or a duty arising from participation in a voluntary Federal program.

Unified Budget: A comprehensive display of the Federal budget. This display includes all revenues and all spending for all regular Federal programs and trust funds. The 1967 President’s Commission on Budget Concepts recommended the unified budget and it has been the basis for budgeting since 1968. The unified budget replaced a system of the budgets that existed before 1968 (an administrative budget, a consolidated cash budget, and a national income accounts budget).

http://www.budget.senate.gov/democratic/index.cfm/glossary

Budget Control Act

The Budget Control Act Serves as the Budget for 2012 and 2013

The Budget Control Act states: “For the purpose of enforcing the Congressional Budget Act of 1974 through April 15, 2012 … the allocations, aggregates, and levels set in subsection (b)(1) shall apply in the Senate in the same manner as for a concurrent resolution on the budget for fiscal year 2012.” In many ways, the Budget Control Act is even more extensive than a traditional budget resolution. Number one, it has the force of law, unlike a budget resolution that never goes to the President. A budget resolution is purely a Congressional document; the Budget Control Act is a law. Number two, it sets discretionary caps for 10 years, instead of the one year normally set in a budget resolution. Number three, it provides enforcement mechanisms, including two years of “deeming resolutions,” which allow budget points of order to be enforced. And fourth, it creates a reconciliation-like “Super Committee” process to address both entitlements and tax reform. And it backs that process up with a $1.2 trillion sequester.

Budget Control Act Legislative Text

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Tory! Tory! Tory! — Videos

Posted on April 12, 2013. Filed under: American History, Banking, Blogroll, Communications, Computers, Economics, Education, Employment, Energy, European History, Fiscal Policy, Foreign Policy, government, government spending, Health Care, history, History of Economic Thought, Inflation, Investments, Law, liberty, Life, Links, Macroeconomics, media, Microeconomics, Monetary Policy, Money, People, Philosophy, Politics, Private Sector, Public Sector, Raves, Security, Talk Radio, Tax Policy, Taxes, Technology, Transportation, Unemployment, Unions, Video, War, Water, Wealth, Wisdom | Tags: , , , , , , |

Tory! Tory! Tory! – Ep 1: Outsiders – BBC 2007

Series exploring the history of the people and ideas behind what became known as Thatcherism. When Thatcher became Prime Minister, the monetarist policies used to combat inflation created large-scale unemployment and weakened the unions. As riots broke out across Britain, there was growing dissent even inside the government. How would Mrs Thatcher survive her plummeting popularity?

Tory! Tory! Tory! – Ep 2: The Road to Power – BBC 2007

Tory! Tory! Tory! – Ep 3: The Exercise of Power – BBC 2007

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Friedrich August von Hayek: Fighting the Planners — The Road To Serfdom — A Profile in Liberty — Videos

Posted on April 10, 2013. Filed under: American History, Banking, Blogroll, Business, College, Communications, Economics, Education, Employment, European History, Federal Government, Federal Government Budget, Fiscal Policy, Foreign Policy, government, government spending, history, History of Economic Thought, Inflation, Language, Law, liberty, Life, Links, Literacy, Macroeconomics, media, Microeconomics, Monetary Policy, Money, People, Philosophy, Raves, Tax Policy, Video, Wealth, Wisdom | Tags: , , , , , |

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The Intellectual Portrait Series: The Life and Thought of Friedrich A. Hayek (Indianapolis: Liberty Fund, 2003)

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Conservative savior of UK’s economy, Margaret Thatcher dead at 87 — Videos

Posted on April 10, 2013. Filed under: American History, Banking, Blogroll, College, Communications, Economics, Education, Employment, Energy, European History, Fiscal Policy, Foreign Policy, government, government spending, Health Care, history, History of Economic Thought, Immigration, Inflation, Language, Law, liberty, Life, Links, Literacy, Macroeconomics, media, Microeconomics, Monetary Policy, Money, Natural Gas, People, Philosophy, Private Sector, Public Sector, Rants, Raves, Regulations, Security, Strategy, Talk Radio, Taxes, Technology, Television, Transportation, Unions, Video, War, Water, Wealth, Wisdom | Tags: , , , , , , , , , , , , , , , , , |

Conservative savior of UK’s economy, Margaret Thatcher dead at 87

By Raymond Thomas Pronk

Margaret_Thatcher

“Some Socialists seem to believe that people should be numbers in a State computer. We believe they should be individuals. We are all unequal. No one, thank heavens, is like anyone else, however much the Socialists may pretend otherwise. We believe that everyone has the right to be unequal but to us every human being is equally important.”

~Margaret Thatcher, Speech to Conservative Party Conference, October 10, 1975

Ceremonial funeral services with military honors for Margaret Thatcher, former prime minister of the United Kingdom, known as Maggie to her friends and “the Iron Lady” to her opponents, will be held this Wednesday at St Paul’s Cathedral, according to Prime Minister David Cameron’s office.

Her legacy was to change her country’s dominant ideology from collectivist state socialism implemented in decades of Labour Party policies to an individualist market capitalism implemented in Conservative Party policies. In the process she returned the U.K. to eight years of economic growth and prosperity in the 1980s.

Thatcher supported President Ronald Reagan and the United States in defeating communism in the Soviet Union and winning the Cold War.

Thatcher had been in declining health for a number of years and died peacefully in her sleep the morning of April 8 following a stroke.

British Prime Minister David Cameron said of Thatcher, “As our first woman prime minister, Margaret Thatcher succeeded against all the odds and the real thing about Margaret Thatcher is that she didn’t just lead our country, she saved our country, and I believe she’ll go down as the greatest British peacetime prime minister.”

President Barack Obama said, “The world has lost one of the great champions of freedom and liberty and America has lost a true friend.” Obama said she had taught “our daughters that there is no glass ceiling that can’t be shattered.”

John Boehner, speaker of the house, said, “The greatest peacetime prime minister in British history is dead. Margaret Thatcher, a grocer’s daughter, stared down elites, union bosses and communists to win three consecutive elections, establish conservative principles in Western Europe and bring down the Iron Curtain. There was no secret to her values – hard work and personal responsibility – and no nonsense in her leadership.”

Nancy Reagan, widow of former President Ronald Reagan said: “Ronnie and Margaret were political soul mates, committed to freedom and resolved to end Communism. As Prime Minister, Margaret had the clear vision and strong determination to stand up for her beliefs at a time when so many were afraid to ‘rock the boat.’ As a result, she helped to bring about the collapse of the Soviet Union and the liberation of millions of people.”

In 1975 Thatcher was elected leader of the Conservative Party. She was subsequently elected prime minister of the United Kingdom on May 4, 1979. Thatcher served three terms from 1979 to 1990 becoming Britain’s longest-serving prime minister in over a century as well as the most dynamic, inspirational and controversial.

When Thatcher took office, the British economy was in shambles and in recession, inflation was rising and the government faced possible bankruptcy. This was a direct result of many years of Labour Party socialistic policies of out-of-control government spending, confiscatory taxation and the nationalization or state control of many industries including coal, steel, railways, gas, electricity, water, trucking, airlines and telecommunications.

The writings of Austrian economist and political philosopher, Friedrick A. Hayek, winner of the 1973 Nobel Prize in Economics, in particular his book, “The Road to Serfdom”, inspired and guided Thatcher’s economic policies.

Thatcher turned the economy around and made Britain governable again by taking on and taming the trade unions with labor reform legislation. No longer were the unions able to dictate the nation’s economic policies. Under Thatcher the British government pursued a policy of selling state assets with privatization of industry, thus reversing the Labour Party’s nationalization of industry.

When the Argentina government under the fascist junta invaded the British protectorate of the Falkland Islands in April 1982, she led the U.K. to victory. The Argentinians soon toppled the military junta.

In October 1984 there was an assassination attempt on her life when a hotel in Brighton where she and her husband and other members of her cabinet were staying was bombed by Irish Republican Army (IRA) terrorists.

Thatcher supported Reagan in opposing communism and confronting the “evil empire” of the Soviet Union. She was instrumental in the introduction of cruise missiles in Britain to counter the Soviet military threat. She allied the United Kingdom with the United States against the communist expansion and subversion in the West and the winning of the Cold War with the Soviet Union.

A concise biography of her life can be found at the Margaret Thatcher Foundation web site http://www.margaretthatcher.org/essential/biography.asp.  An excellent critical biography is Claire Berlinsky’s “There is No Alternative: Why Thatcher Matters” and related interview on YouTube video titled, “Thatcher & More with Claire Berlinski.”

An excellent multi-part documentary about Thatcher produced in 2008 by the conservative paper, The Daily Telegraph, can be viewed on YouTube as well as an entertaining movie about her early political career titled, “Margaret Thatcher – The Long Walk to Finchley.”

Her husband of more than 50 years, Denis Thatcher, died in June 2003. She is survived by her twin son, Mark, and daughter, Carol, born in 1953.

Thatcher remains a controversial figure in Britain. She was loved and revered by many as well as loathed and reviled by some. She will be remembered by all who value economic freedom and individual liberty.

“Freedom to choose is something we take for granted—until it is in danger of being taken away. Socialist governments set out perpetually to restrict the area of choice, Conservative governments to increase it. We believe that you become a responsible citizen by making decisions yourself, not by having them made for you.”

~Margaret Thatcher, Speech to Conservative Party Conference, October 10, 1975

David Cameron’s Commons tribute to Margaret Thatcher in full

Margaret Thatcher – Falklands War – YouTube

MARGARET THATCHER – Pt 1 The Making of Margaret (Telegraph Documentary)

MARGARET THATCHER – Pt 2 The Falklands (Telegraph Documentary)

MARGARET THATCHER – Pt 3 World Stage (Telegraph Documentary)

MARGARET THATCHER – Pt 4 The Age of Dissent (Telegraph Documentary)

MARGARET THATCHER – Pt 5 Taking on the Unions (Telegraph Documentary)

MARGARET THATCHER – Pt 6 Public Image, Private Life. (Telegraph Documentary)

MARGARET THATCHER – Pt 7 The Fall (Telegraph Documentary)

MARGARET THATCHER – Pt 8 The Legacy (Telegraph Documentary)

Margaret Thatcher – The Long Walk To Finchley Full Movie

Thatcher: The Downing Street Years (1/4 BBC)

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