Wednesday, February 22, 2012

February 22 2012 Travus T. Hipp Morning News & Commentary: Preemptive War As A Strategy For Iran & Israel

"All The News You Never Knew You Needed To Know ...Until Now."

Cabale News ServiceFebruary 22 2012 Travus T. Hipp Morning News & Commentary: Preemptive War As A Strategy For Iran & Israel

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A Synopsis Of This Morning's News...

H/t to ChrisM my MP3Angel for supplying the audio files.
«o» There WAS a real problem, and now there's a real BIG problem. Prisoners at Bagram prison near Kabul Afghanistan were using books as a form of communications vehicle so the prison officials decided to confiscate the books and then... they... BURNED them. Including a number of Qur'ans.

There is rioting in three Afghani cities now... Western embassies are on lockdown, and we can't say this sort of holy book mutilation has never happened before.

See HERE and HERE.

Details at the Guardian UK:
Qur'an protesters attack Kabul compound housing foreigners

US embassy also in lockdown as violent clashes spread across Afghanistan on second day of protests over burning of holy book

Emma Graham-Harrison in Kabul, 22 February 2012

Afghan protesters armed with stones and molotov cocktails have attacked a military base and a compound housing foreign workers in Kabul, in a second day of violence over the burning of copies of the Qur'an by foreign forces.

At least 16 demonstrators and one police officer were injured as enraged crowds took to the streets in central and eastern Afghanistan, shouting "Death to America" and "Death to Obama".

Police in Kabul used water cannon and fired guns into the air to deter the demonstrators, who were attacking shops and smashing car windows. Security guards in the compound that came under attack also opened fire with automatic rifles.

A military base was attacked on the outskirts of the capital.

Eleven men were treated for gunshot wounds in Kabul, said Kabir Amiri, spokesman for the city's hospitals. Another five people were injured in eastern Jalalabad, said Ahmad Zia Ahmadzai, spokesman for the provincial governor.

The demonstrations began in the early hours of Tuesday morning, after Afghan workers at the sprawling Bagram airbase spotted copies of the Qur'an among waste paper sent for incineration.

They extinguished the flames and left the base with some of the damaged books, which had been taken from prisoners in a detention centre at Bagram.

A military official, who asked not to be named, said the books had been removed from the jail library because some had added inscriptions that appeared to be in use to "facilitate extremist communications" or were extremist "in and of themselves".

Nato-led forces rushed to apologise for the burning, which the commander of foreign forces in Afghanistan, General John Allen, described as "not intentional".

But damage to the Qur'an is a highly sensitive issue in Afghanistan and protests began almost immediately.

"When the Americans insult us to this degree, we will join the insurgents," said Ajmal, an 18-year-old protester in Kabul told Reuters.

The city's police chief, Ayub Salangi, came to the most violent protest in the city to appeal for calm. "I am with you, please cool your temper, I am with you," he told the crowd, but they turned on him and started throwing stones at his car. [More]
«o» Two days of talks between officials of the IAEA and Iran regarding it's nuclear power program have apparently left the IAEA officials dissatisfied and Iranian officials have apparently suggested a pre-emptive strike against Israel to match Israel's longstanding threat to Iran.

«o» There will be ANOTHER Republican debate tonight in Arizona while you're trying to eat dinner.

«o» Late breaking story... The Capitol building is locked down after two US Senate offices receive envelopes with 'white powder' in them.

In OTHER News:

Focus On The U.S. and Global Economy

Going Down!

As US Debt To GDP (ratio) Passes 101%, The Global Debt Ponzi Enters Its Final Stages

by Tyler Durden, 02/21/2012

Today, without much fanfare, US debt to GDP hit 101% with the latest issuance of $32 billion in 2 Year Bonds. If the moment when this ratio went from double to triple digits is still fresh in readers minds, is because it is: total debt hit and surpassed the most recently revised Q4 GDP on January 30, or just three weeks ago. Said otherwise, it has taken the US 21 days to add a full percentage point to this most critical of debt sustainability ratios: but fear not, with just under $1 trillion in new debt issuance on deck in the next 9 months, we will be at 110% in no time. Still, this trend made us curious to see who has been buying (and selling) US debt over the past year. The results are somewhat surprising. As the chart below
So somehow the world's two most indebted countries (recall that Japan is about to in total pass 1 quadrillion debt) are out there and buying up the biggest amount of US debt (after the Fed of course)? Sorry, but while we are amusing by this attempt by the global ponzi regime to keep itself alive (even as Russia and China prudently step aside from the mauling that is sure to follow), whereby the most indebted nations keep buying each other's debt in the most transparent and potentially deadly shell game in history, we are also confident this is unsustainable... [In Full]
Meanwhile, Forbes, bless their greedy little Capitalist hearts, notes that America has a 20 year plan, an "Austerity Plan" much like Greece.
The Federal Reserve's Explicit Goal: Devalue The Dollar 33%

The Federal Reserve Open Market Committee (FOMC) has made it official: After its latest two day meeting, it announced its goal to devalue the dollar by 33% over the next 20 years. The debauch of the dollar will be even greater if the Fed exceeds its goal of a 2 percent per year increase in the price level.

An increase in the price level of 2% in any one year is barely noticeable. Under a gold standard, such an increase was uncommon, but not unknown. The difference is that when the dollar was as good as gold, the years of modest inflation would be followed, in time, by declining prices. As a consequence, over longer periods of time, the price level was unchanged. A dollar 20 years hence was still worth a dollar.

But, an increase of 2% a year over a period of 20 years will lead to a 50% increase in the price level. It will take 150 (2032) dollars to purchase the same basket of goods 100 (2012) dollars can buy today. What will be called the “dollar” in 2032 will be worth one-third less (100/150) than what we call a dollar today... [More]
In Greece, "Cradle of Democracy":
"One third of Greeks support radical change via revolution" - Data produced by Greek survey organization Public Issue shows that in 2011 one third of the population agreed that ‘Our society must change radically through revolution.’ (source)
...and they appear to be doing that:

Also see Spiegel Online, A Political Establishment in Freefall - Greece Lurches to Left Amid Radical Austerity


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