Wednesday, 11 December 2013

another one

WASHINGTON — Stanley Fischer, the former governor of the Bank of Israel and a mentor to the Federal Reserve's chairman, Ben S. Bernanke, is the leading candidate to become vice chairman of the Fed, according to former and current administration officials.

If nominated, and then confirmed by the Senate, Mr. Fischer, 70, would succeed Janet L. Yellen, whom President Obama nominated to succeed Mr. Bernanke as the Fed's leader when his term ends in January.

Mr. Fischer is at once a surprising choice and a popular pick among economists and investors. He is a highly regarded economist with significant policy-making experience, yet many had considered his selection improbable because of his recent service in a foreign government. News about Mr. Fischer's possible nomination was reported on Israeli television.

That experience could become a concern if he is nominated, as could his experience at Citigroup, where he was vice chairman between 2002 and 2005. The company's expansion during that period eventually ended in a federal bailout.

As the Fed's vice chairman, Mr. Fischer would most likely exert a moderating influence on Ms. Yellen, echoing, in a way, her intellectual partnership with Mr. Bernanke. Ms. Yellen is a forceful advocate for the Fed's efforts to stimulate the economy and reduce unemployment. Mr. Fischer has been generally supportive of those efforts, but has raised questions about the particulars.

He offered measured support at a conference last month for the Fed's bond-buying campaign, describing it as "dangerous" but "necessary." At the same time, he has expressed greater skepticism about the companion effort to hold down borrowing costs by declaring that short-term interest rates will remain low, describing such forward guidance as potentially confusing.

"You can't expect the Fed to spell out what it's going to do. Why? Because it doesn't know," he said at a conference in September, according to The Wall Street Journal. "It's a mistake to try and get too precise."

Mr. Fischer's experience on Wall Street, while potentially a political liability, could prove valuable for the Fed, which lacks officials with experience in the financial markets that it must manage and regulate.

Mr. Fischer "has unrivaled international expertise and is a seasoned crisis-manager — complementing Yellen, who has much less experience in these areas," Krishna Guha, head of central bank strategy at the financial services firm International Strategy and Investment, wrote in a client note.

Mr. Fischer stepped down in June after eight years as the leader of Israel's central bank. He drew wide praise for helping to shelter the Israeli economy from the global financial crisis, in part by moving quickly to cut interest rates.

The Israeli economy grew during each of Mr. Fischer's eight years as the bank's governor, even as most developed economies collapsed into deep recessions. When Israel's strength attracted a surge of foreign investment, Mr. Fischer was again quick to respond, building up foreign reserves to limit the rise of the shekel and protect Israeli exporters.

He also shepherded passage of a law that limited his own power by creating a six-person committee to manage monetary policy.

Mr. Fischer may be better known for the students he taught as a professor of economics at M.I.T. beginning in the late 1970s. In addition to Mr. Bernanke, the list includes Mario Draghi, the president of the European Central Bank; N. Gregory Mankiw, chairman of the Council of Economic Advisers under President George W. Bush; and Olivier Blanchard, chief economist at the International Monetary Fund.

Students say Mr. Fischer was a formative influence who inculcated the pragmatic view that government had some power to improve economic outcomes — a middle ground between the academic orthodoxies of the era.

He was a pioneering figure in the effort to formalize this middle ground, helping to forge the approach now known as New Keynesianism.

He then set an example for his students by entering public service in the late 1980s, working first at the World Bank and then at the I.M.F. before joining Citigroup.

Mr. Bernanke cited Mr. Fischer as one of his most important mentors last month, saying that he "demonstrated that he lived what he taught."

Mr. Fischer was born in what is today Zambia. He came to the United States as a graduate student and became an American citizen in 1976. When he became governor of the Bank of Israel he also accepted Israeli citizenship.

Mr. Fischer has the self-deprecating manner of many central bankers, but he is funnier than many of his peers. In an interview with The Washington Post, he described his first encounter with one of the seminal works of economics, "The General Theory of Employment, Interest and Money," by John Maynard Keynes.

"I was immensely impressed," he said, "not because I understood it but by the quality of the English."

In selecting Mr. Fischer, the White House would continue a recent pattern of reinforcing the Fed's existing direction.

The White House did not comment on Mr. Fischer's possible nomination.

President Obama had the unusual opportunity to replace as many as five of the seven members of the Fed's board of governors next year. Instead, he plans to replace only those who insisted on departing, retaining Ms. Yellen and Jerome H. Powell, a Republican financier.

Lael Brainard, formerly the Treasury under secretary for international affairs, is a front-runner to fill one of the remaining vacancies, according to people familiar with the matter.

Binyamin Appelbaum reported from Washington, and Peter Baker from Little Rock, Ark

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Fwd: [New post] Whose sarin?




coto2admin posted: "By Seymour M. Hersh London Review of Books Barack Obama did not tell the whole story this autumn when he tried to make the case that Bashar al-Assad was responsible for the chemical weapons attack near Damascus on 21 August. In some instances, he omit"
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New post on COTO Report

Whose sarin?

by coto2admin

By Seymour M. Hersh London Review of Books Barack Obama did not tell the whole story this autumn when he tried to make the case that Bashar al-Assad was responsible for the chemical weapons attack near Damascus on 21 August. In some instances, he omitted important intelligence, and in others he presented assumptions as facts. […]

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Fwd: [New post] Satanists plan statue next to Ten Commandments




Dr. Eowyn posted: "When has evil become so open and in your face, no longer content to hide in the shadows? In 2009, the conservative-led Oklahoma state legislature approved a privately funded Ten Commandments monument, which was erected last year outside the state Capit"
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New post on Fellowship of the Minds

Satanists plan statue next to Ten Commandments

by Dr. Eowyn

When has evil become so open and in your face, no longer content to hide in the shadows?

In 2009, the conservative-led Oklahoma state legislature approved a privately funded Ten Commandments monument, which was erected last year outside the state Capitol building.

10 commandments monument outside Oklahoma state Capitol

Ever since the approval, opponents have called into question the constitutionality of the monument. The Oklahoma chapter of the American Civil Liberties Union has filed a lawsuit seeking its removal.

The latest: Satanists are demanding "religious parity" -- their "right" to put a monument to Satan right next to the Ten Commandments.

The New York-based Satanic Temple notified Oklahoma's Capitol Preservation Commission that it wants to donate a monument and plans to submit one of several possible designs this month, said Lucien Greaves, a spokesman for the temple.

Lucien GreavesGreaves at a Satanic Temple rally on Jan. 25, 2013, on the Capitol Steps of Tallahassee in support of Florida Governor Rick Scott's Senate Bill 98.

In a letter to state officials, Greaves wrote: "We believe that all monuments should be in good taste and consistent with community standards. Our proposed monument, as an homage to the historic/literary Satan, will certainly abide by these guidelines."

The Republican state representative Mike Ritze, who spearheaded the push for the Ten Commandments monument and whose family helped pay the $10,000 for its construction, declined to comment on the Satanic Temple's effort.

Greaves credited Ritze for opening the door to his group's proposal: "He's helping a satanic agenda grow more than any of us possibly could. You don't walk around and see too many satanic temples around, but when you open the door to public spaces for us, that's when you're going to see us."

Another Republican state representative Bobby Cleveland says many Christians feel they are under attack as a result of political correctness. He dismissed the notion of Satanists erecting a monument at the Capitol, "I think these Satanists are a different group. You put them under the nut category."

But Brady Henderson, the legal director for ACLU Oklahoma, said if state officials allow one type of religious expression, they must allow alternative forms of expression, although he said a better solution might be to allow none at all on state property. "We would prefer to see Oklahoma's government officials work to faithfully serve our communities and improve the lives of Oklahomans instead of erecting granite monuments to show us all how righteous they are," Henderson said. "But if the Ten Commandments, with its overtly Christian message, is allowed to stay at the Capitol, the Satanic Temple's proposed monument cannot be rejected because of its different religious viewpoint."

When asked what the Satanic monument would look like, Greaves said one potential design involves a pentagram, but he doesn't want to "reveal too much about the possible design options." He did hint that his "favorite design, at the moment, is an interactive display for children." He expects the monument, if approved by Oklahoma officials, would cost about $20,000.

Greaves needs no longer thrash around for a suitable design for his monument. Egyptians have already come up with one! Here it is:

President Satan

Source: AP (via The Guardian)

~Eowyn

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Fwd: [New post] Nearly 100 Lawmakers Descend on Mount Vernon to Talk Convention of States





Brent P. posted: "AskMarion TheBlaze: Close to 100 legislators from 32 states met in Mount Vernon, Va., Saturday to discuss the possibility of adding amendments to the U.S. Constitution through a convention of the states. Such a convention, as outlined in article five of "

New post on therightplanet.com

Nearly 100 Lawmakers Descend on Mount Vernon to Talk Convention of States

by Brent P.

AskMarion TheBlaze: Close to 100 legislators from 32 states met in Mount Vernon, Va., Saturday to discuss the possibility of adding amendments to the U.S. Constitution through a convention of the states. Such a convention, as outlined in article five of the Constitution, would allow state legislatures to vote on amendments to add. Opened & […]

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Brent P. | December 11, 2013 at 3:09 pm | URL: http://wp.me/p1SHGG-bK3

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Fwd: 12 Best Vehicles For Surviving The Zombie Apocalypse

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The Daily Kos: Hate, Smear, Spin, Lies and Just Plain Ol' Goofiness

"Hate, Lies & Smear".....Nothing has changed over there.....If you really want to see uninformed and outright ignorant, drop down and read just a few of the comments:
 
 
 

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Fwd: [New post] President Lucifer’s friends in South Africa




traildustfotm posted: " President Lucifer's friends in the ANC are busy these days with plans to improve and renew South Africa. Plan number one: exterminate or drive out all white people.  WND EXCLUSIVE GENOCIDE LOOMS FOR WHITE FARMERS South Africa's black president sing"
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New post on Fellowship of the Minds

President Lucifer's friends in South Africa

by traildustfotm

anc_genocide01

President Lucifer's friends in the ANC are busy these days with plans to improve and renew South Africa. Plan number one: exterminate or drive out all white people. 

WND EXCLUSIVE

GENOCIDE LOOMS FOR WHITE FARMERS

South Africa's black president sings killing songs as thousands massacred

By Alex Newman

STOCKHOLM, Sweden – The eyes of the world were on South Africa two decades ago as the apartheid era came to an end and Western governments helped bring the communist-backed African National Congress to power.

Last month, however, when Genocide Watch chief Gregory Stanton declared that white South African farmers were facing a genocidal onslaught and that communist forces were taking over the nation, virtually nobody noticed.

Few outside of South Africa paid attention either when, earlier this year, the president of South Africa began publicly singing songs advocating the murder of whites.

The silence is so deafening that Secretary of State Hillary Clinton didn't even publicly mention the problems when she was there last week. Instead, she was busy dancing, pledging billions of dollars and praising the ruling government.

"I find that quite disturbing, as if Afrikaner lives do not count for the Obama administration," Dan Roodt of the Pro-Afrikaans Action Group, PRAAG, told WND.

He says the situation is rapidly deteriorating.

The tyranny of political correctness is out of control. Read Ilana Mercer's "Into The Cannibal's Pot: Lessons for America from Post-Apartheid South Africa."

Genocide Watch, a highly respected U.S.-based nonprofit organization led by arguably the world's foremost expert on genocide, has been sounding the alarm on the genocidal onslaught facing South Africa for a decade. The world media, however, has barely uttered a word about it.

Over those 10 years, thousands of white South African farmers, known as Boers, have been massacred in the most horrific ways imaginable.

Experts say the ongoing slaughter constitutes a clear effort to exterminate the whites or at least drive the remaining ones – now less than 10 percent of the population – out of the country. In other words, South Africa is facing a genocide based on the United Nations' own definition.

More than 3,000 farm murders have been documented in that time period, representing a significant number considering the number of commercial white farmers is now estimated at less than 40,000.

Tens of thousands of whites have been murdered throughout South Africa, too, according to estimates.

Disemboweled, drowned in boiling water

Many more victims have been savagely tortured, raped, disemboweled, drowned in boiling water or worse. The horrifying evidence is available for the world to see on countless sites throughout the Internet: pictures of brutalized dead women and children – even babies.

"We don't know exactly who is planning them yet, but what we are calling for is an international investigation that will try and determine who is planning these murders," Stanton said.

The ANC government downplays the problem, claiming it is mostly just "regular" crime. Experts, however, know that is not true.

"Things of this sort are what I have seen before in other genocides," Stanton, who also worked against apartheid, said of the murdered white farmers after a fact-finding mission to the "Rainbow Nation" in June.

"This is what has happened in Burundi, it's what happened in Rwanda," he continued in a speech to the Transvaal Agricultural Union in Pretoria. "It has happened in many other places in the world."

The true scope of the problem is almost impossible to determine, because the ruling ANC refuses to properly track the figures.

Regular citizens are now working to compile the statistics and document the savagery themselves.

The government often classifies the brutal farm murders as simple "robberies," for example. Sometimes the crimes are not even reported.

South African exiles and family members of victims who spoke with WND said reporting the atrocities is often useless or even counter-productive.

In some cases, experts also say, authorities are actually involved in the brutal crimes. Police oftentimes participate in cover-ups, too.

The non-stop wave of grisly, racist murders in the Rainbow Nation – new incidents are reported almost daily now – has led Genocide Watch to conclude that South Africa is close to the final phases of the genocidal onslaught.

When ANC Youth League boss Julius Malema began singing "Kill the Boer," Genocide Watch moved up South Africa to stage six out of eight on the road to genocide – the preparation and planning. The seventh phase is extermination of the target group. The final stage is denial.

"It became clear to us that the [(ANC) Youth League was this kind of organization – it was planning this kind of genocidal massacre and also the forced displacement of whites from South Africa," Stanton explained.

When a court declared the racist song "hate speech" for inciting genocide against whites, the self-styled communist president of South Africa, Jacob Zuma, began singing it too.

Dehumanization

It is all part of a vicious campaign of dehumanization aimed at whites, according to experts. Demonizing the victims always precedes genocide.

Known as Boers or Afrikaners, the descendants of Northern Europeans, mostly Dutch, arrived in Southern Africa hundreds of years ago, in some cases as far back as the 1600s. Still, racists refer to them as "settlers," implying they do not belong there.

"Whenever you have that kind of dehumanization," Stanton explained, "you have the beginning of that downward spiral into genocide."

The National Socialists (Nazis) did it in Germany, and the Islamists did it in Turkey before exterminating Armenian Christians, he added.

The government, meanwhile, has already launched a campaign to disarm Afrikaner farmers. As Genocide Watch observed in a recent report on South Africa, disarmament of the target group is one of the surest warning signs of impending genocide.

TD here: If, while reading this article about South Africa, you find yourself seeing parallels to current developments in American society, you are not alone.

Whites have not been the only victims. Even before apartheid was dismantled, the ANC was notoriously brutal to its opponents, using some of the most barbaric tactics imaginable even against blacks who refused to bow down.

Necklacing, in which a tire filled with gasoline is placed around a victim's neck and set on fire, for example, became a common form of punishment for dissenters and ANC opponents. Even Nelson Mandela's wife endorsed the monstrous practice.

Beyond genocide against whites lurks another largely overlooked but related phenomenon: the efforts by communist forces to completely take over South Africa.

It is hardly a secret. The Communist Party of South Africa has always has been a firm ally of the ANC. Both of the last two presidents have been members of the Communist Party.

As in Zimbabwe after Marxist dictator Robert Mugabe seized power, the issue of land distribution is being used to advance the same dangerous agenda in South Africa.

"Whatever system of land tenure is adopted in South Africa, the communists – in the long run – have in mind to take away all private property. That should never be forgotten," Stanton warned during his recent trip.

The idea, he said, is to crush all potential resistance.

"Every place you go where communists have taken over, they take away private ownership because private ownership gives people the power – the economic power – to oppose their government," Stanton continued. "Once you have taken that away, there is no basis on which you can have the economic power to oppose the government."

While the outside world largely refuses to understand or even acknowledge what is really going on, white South Africans are keenly aware of what awaits the nation if the communist schemes are not stopped.

"The ANC regime has publicly stated that it wants to nationalize all land, in effect doing away with private property when it comes to agricultural land," explained PRAAG's Roodt.

"The Communist Party has always been the real intellectual home of the ANC, and even government ministers call each other 'comrade' in public," he added.

Land redistribution

Since the end of Apartheid, the ANC government has been working to redistribute land – much of which is still currently owned by the white minority – to blacks and others.

As in neighboring Zimbabwe, once one of the wealthiest nations in Africa, the schemes have mostly resulted in failure. Under Mugabe, who gave the stolen land to his cronies, estimates suggest millions of people have died from starvation. Others fled, ironically, perhaps, to South Africa.

Now, the ANC wants to speed up the land reform process. Some elements within the government are even advocating forced expropriation without any compensation.

The farm murders, analysts say, are the early phases of what may be coming.

"More and more, the ANC regime's supporters are turning to violence and revolution to achieve their aims of taking control over land and industry," Roodt explained.

"Over the last few days there has been an increase in attacks on family owned farms with the intent of driving owners off their land," he continued, echoing a widespread sentiment among South Africans that the situation is quickly spiraling out of control.

"Hit squads target specifically women and elderly farmers as they are seen as soft targets," he added. The government also disbanded farmer self-defense groups known as "commandos" that formerly protected rural areas.

According to Roodt, South Africa, like every country during a communist takeover, is being deliberately destabilized. Ethnic and racial tensions are being purposefully stirred up as part of the scheme as well, he said.

"The ANC regime has failed completely to create jobs for its mass of supporters," Roodt told WND. "So it is using the white minority as a scapegoat, blaming them for its own economic failures due to corruption, mismanagement, nationalization, racial preferences and so on."

Roodt says the "revolution" could drag on, slowly, with a lot of talk but little action. On the other hand, there could be a sudden, radical shift such as what happened in Zimbabwe, where white farmers who refused to be driven off their land were tortured or murdered.

There could even be a Rwanda-type situation in which whites would be targeted for wholesale slaughter, Roodt warned.

Sadists encouraging sadists

"Anything is possible," he added, saying the ruling government was very similar to an organized criminal enterprise. "What is going on in South Africa today with the rape and killing of children, torture or farmers and racial violence, is tantamount to a sadistic society. We are ruled by sadists who encourage other sadists to go out to rape and kill."

No matter how bad it gets, however, Roodt and other South Africans fear that the world will shut its eyes and wash its hands.

"To many people in the West, especially liberals and leftists, I think it is seen as normal for blacks to hate whites and oppress them," he explained. "Because of their historical guilt associated with colonialism, whites are deemed to deserve punishment, even of the most extreme kind such as torture and mass murder."

Even in South Africa, the press is largely silent about what is going on. Consider that after Stanton announced his preliminary findings in late June – explosive by any measure – just one newspaper covered it.

Many white South Africans believe that time may be running out. Some want their own country in Southern Africa to preserve the unique Afrikaner culture, language and civilization. Others are currently working with Western governments in an effort to raise awareness and hopefully allow especially vulnerable populations to escape as refugees before the festering tensions explode into a full-blown catastrophe. More than a few, though, have vowed to stay and fight back if and when the time comes.

For now, activists, exiles and human rights leaders told WND they hope Americans will help spread the word about the looming potential calamities facing South Africa. If the ANC gets its way, they say, it will be an unmitigated disaster for whites, blacks – basically everyone except politically connected cronies.

Read more at http://www.wnd.com/2012/08/genocide-looms-for-white-farmers/#GZ0MYHtJjX4Ibue1.99

My mix of videos from South Africa and America is deliberate. Like South Africa, America has a president who seems like a gentle statesman, but is endlessly trying to stir up hatreds against white people for personal advantage. Americans need to realize we are not immune to the nightmares that have been suffered by both whites and blacks in South Africa. ~ TD 

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