Unspeakable grief and horror
Know them by their fruit
words attributed to Jesus speaking in Aramaic
Attempt to invade Iran, Goals of war, death injury Iraq horror story       Hidden cost of war            Iraq Is About to Explode       
Emblems of the Bush Age: Adrift in a Sea of Booze
By Alexander Cockburn
Politicians here still parrot Nancy Reagan's "Just Say No" campaign against teen drug use.
Barrack Obama's in trouble for supposedly having told teens as part of his counseling that he too used bad drugs including heroin.
But the needle and the increasingly potent joint don't hold a candle to simple booze in which the current cohort, stretching from mid-teen high schoolers through to college age kids, is marinating itself into weekly oblivion.
Though there are those who deprecate claims that youth is drinking more than earlier cohorts, it seems a new lost generation is in the making, emblem of the Bush Age.
One big concern touted in the press endlessly used to be date-rape, with the girl-victim laid out by drugs.
Now it's binge-drinking. High schoolers, and in particular high school girls, drink hard liquor in large quantities as fast as they can and pass out. Sometimes they get gang-raped and wake up pregnant.
This is the culture.
Even meth addiction looks better.
Much of it started with the Girls Gone Wild home videos, which were largely filmed during Spring Break.
Now it's spring break all year round. Google tries to strip these off Youtube and such as soon as they go up. But there are undergound sites that may be searchable.
For fun at frat or sorority Parties, the pledges — that is, those who have been accepted for membership — are made to drink until they throw up and pass out.
Then they are stripped by the slightly less drunken contingent and have swastikas and racist epithets written on their bodies in permanent magic marker, are posed in indecent positions and the whole affair is filmed and posted on Facebook/My Space websites.
If parents really want to know what they're kids are up to they should read the Facebook entries — but it's probably better not to know.
A friend of mine with a frat boy son returned shaken from one weekend visit to the frat house having witnessed a lad who vomited on the sleeping fathers during "dads' weekend".
This was after he had drained a bottle of Grey Goose vodka, following a day of nonstop drinking.
"I don't know how he survived," my friend concluded in some perplexity.
A recent survey done in Montana, admittedly a heavy drinking state across all age groups, had 38 percent of high schoolers admitting binge drinking within the past 30 days, above the national average of 28 percent.
Binge drinking is defined in these stats as having five or more drinks in one session.
Over a third of these young boozers said they'd been in a car whose driver was also busy getting loaded.
You trip over reports of the resultant auto disasters all the time, in any local paper.
Teen and college drinkers include here returning vets from Iraq, mostly in their mid-20s.
For example Portland State University in Oregon, had 800 vets enrolling this fall, and many other colleges across the country experienced a similarly huge inrush.
These include a predictable complement of people with severe problems of post traumatic stress syndrome likely to produce sociopathic behavior.
Counterpunch article continued here
Do not have any doubt that what you read above is the manifestation of evil
This is not about Christianity — not the phony TV Christianity that dares to give itself that name.
This is not about Bush — a manifestation, a creation by those whose interest in self has reached into madness
This is about Demons
Demons from hell astral realities, hell astral regions drawn to human selfishness peaking
It always strikes me as so surprising how few people in America now follow the teachings of Jesus
Teachings as he so carefully gave to those who would follow him
Because Pastors give you their own words, words of anyone, but never of Jesus
They will not tell you that Jesus is now in the streets — that Jesus is right at the front of the line, leading the poor, leading the downtrodden.
They will speak of some Apocalypse where you in their TV churches will be saved, will be risen
Jesus has returned, folks.  Jesus so real, so vibrant.  Jesus is inside you, NOW!
Doesn't matter what name you use, what religion you use, whether you prefer to call it your Higher Self, or an angel who guides you, Spirit is with you, inside you now
Time to tune in
You know it
Time to prepare
You know that
Truth is absolute, truth is supreme, truth is never disposable in national political life
John Howard
A Little Justice: Mass Murder Accomplice Gets Slap on the Wrist
Written by Chris Floyd
Saturday, 24 November 2007
... As Schwarz notes, the lies that Howard peddled in the run-up to war, which were merely echoes of the same lies being trumpeted by George W. Bush and Tony Blair, were easily disproven — by plain facts available in the public domain at the time.
Yet no corporate media organization undertook to examine the wild, warmongering claims of these leaders and their minions — while those who did question them were derided as cranks, commies, and "objectively pro-terrorist," anti-American freaks.
But these leaders did lie.
And they knew they were lying.
And they have gone on lying.
And they will lie again and again and again.
Yes, John Howard has metaphorically bit the dust in a humiliating electoral defeat.
But many thousands, tens of thousands, hundreds of thousands of innocent people have died because of his lies, and Bush's lies, and Blair's lies (the latter always affirmed and supported by his successor, Gordon Brown).
The dust these victims have bitten is not metaphorical — it is the dirt of the grave.
And electoral humiliation is the very least of the punishments that should be heaped upon John Howard and his partners in mass murder.
... Thus, Howard's statement was truly a masterpiece of lying
It included everything humans use when they want to deceive others —
from the omission of important information
to misleading language
to outright fabrication
John Howard - a look back - Jonathan Schwarz    www.motherjones.com
Truth is absolute, truth is supreme, truth is never disposable in national political life
John Howard
November 21, 2007
The Thanksgiving People Don't Want to See
Undercover at a Turkey Slaughtering Plant
The alarms rings at 3:45 AM. I reach for the ibuprofen.
Without it my hands are too sore and swollen to even close....much less hold a turkey's legs.
Wearing a pair of rubber gloves, cotton gloves and taping them doesn't help when you're banging into shackles all day.   The flesh is still raw and exposed.
I dress with the video cam that's become part of my daily outfit carefully hidden and fortify myself with enough food to get through the work day.
When we arrive at House of Raeford the trucks full of live turkeys are already waiting to be unloaded; it's not even 5:30 AM.
N o begins the diary of "Sam" — not his real name — who worked as an undercover investigator for Mercy For Animals (MFA), a national, not for profit animal advocacy organization, earlier this year while employed as a "live hanger" at House of Raeford's turkey slaughterhouse in Raeford, North Carolina.
House of Raeford Farms Inc., (HORF) headquartered in Raeford is the seventh largest turkey producer in the U.S. with seven facilities in North and South Carolina and Louisiana where it breeds, slaughters and processes chickens and turkeys.
While slaughtering turkeys is no one's first choice of work, House of Raeford has an especially checkered past. In 2003 a chlorine gas leak at HORF's Rose Hill chicken plant killed worker Bruce Glover, 39.
The following year an ammonia spill at the same plant forced the evacuation of two towns. And last year HORF employee Pedro P. Amaya, 42, was found shot to death in the mobile home he shared with three other poultry workers; the apparent motive robbery, including theft of $60 of pain pills.
No recognition of a turkey or chicken being alive or capable of pain
A "live hanger" culture exists in slaughter plants says Sam in which there is no recognition of a turkey or chicken being alive or capable of pain.
As they unloaded trucks, workers routinely threw birds from one tier to another, letting them fall 20 feet, swung them around by their feet, "boxed" them as they hung upside down and held them under truck wheels to be crushed.
Workers pulled heads and legs off turkeys when they were stuck in crates and when they weren't — just for the hell of it.
Workers even sexually abused the birds — inserting their fingers into their cloacae (vaginal cavities) and removing eggs they would throw at each other.
Current turkey farming methods, birds that arrived already injured
Thanks to current turkey farming methods, the birds that arrived were already injured.
"There were 100 turkeys and chickens dead upon arrival today, many missing feathers with open wounds and with large sores on their feet" writes Sam in his investigator's diary on January 12, 2007.
"I saw a chicken with an abscess on her left leg about the size of a tennis ball and another chicken whose right leg was mashed to the point of bloody pulp and [she was still] hanged by both legs to go down the line."
Modern turkeys are drugged and bred to grow so quickly that their legs can't support their own weight and many arrived with legs and knees broken or dislocated says Sam.
Their legs would twist completely around, offering no resistance, limp
When you tried to remove them from their crates, their legs would twist completely around, offering no resistance, limp.
The turkeys must have been in a lot of pain reflects Sam, though they don't cry out.
In fact the only sound you hear as you hang them is the "trucks being washed out to go back and get a new load."
The same day Mercy For Animals released its undercover video, Denny's, the US' largest full service restaurant chain and a HORF turkey customer, announced it was suspending its supplier.
House of Raeford also condemned the videotaped acts and promised an investigation.
Inherently cruel, exposing animals to great pain and regularly boiling them alive
But there is no record that Hoke County prosecutor Kristy Newton launched an investigation or brought cruelty-to-animal charges.
Nor did HORF customer Arby's ever acknowledge the videotaped atrocities.
As exposes at Pilgrim's Pride, KFC's supplier, Tyson Foods, Perdue and Butterball have revealed, the system of live hanging and conveying birds through a stunner, blade and scalder is inherently cruel, exposing animals to great pain and regularly boiling them alive.
Controlled-atmosphere killing (CAK) — a system in which birds are left in their transport crates while oxygen is replaced with nitrogen or argon — is considered more humane and in use in Europe.
Am I really that hungry?
But another humane alternative is for people to look at the struggling and terrified turkeys hanging upside down and ask themselves: am I really that hungry?
Martha Rosenberg is staff cartoonist on the Evanston Roundtable.
She can be reached at mrosenberg
BBC — Wednesday, 21 November 2007
New York hunger levels 'rising'
The shelves at New York City USA Food Bank are empty

Food Bank is unable to meet demand, with shelves empty 

Image: Food Bank
Food Bank is unable to meet demand, with shelves empty
Over 1.3 million people, one in six New Yorkers, cannot afford enough food, with queues at soup kitchens getting longer, anti-poverty groups say.
The New York City Coalition Against Hunger says the number of people who use food pantries and soup kitchens in the city increased by 20% in 2007.
Some of the food distribution points are struggling to meet demand.
The coalition blames the situation mainly on increased poverty as well as government cutbacks in food aid.
Federal supplies of food cut by as much as three-quarters
"This annual survey of food pantries and soup kitchens shows that more working families, children, and seniors are being forced to seek emergency food," Joel Berg, the coalition's executive director, said in a statement.
"Given that hunger continued to increase in the city, even when the economy was still strong last year, it is no wonder that now, when the economy is weakening, lines at pantries and kitchens are getting even worse."
Some food outlets said they would not be able to distribute turkey rations for Thanksgiving on Thursday, because their federal supplies of food had been cut by as much as three-quarters.
Food Bank, a non-profit organisation which distributes food to about 1,000 pantries, said its shelves were half full compared with usual levels.
According to a survey, 59% of New York's food programmes, up from 48% last year, said they did not have enough resources to meet demand.
The US Department of Agriculture says 12.6 million households nationwide, or more than 30 million people - 10% of the population - did not have enough food at some point in 2006.
Percentage of New York City, USA, food pantries and soup kitchens without enough food to meet the growing demand.

More than one million New Yorkers are unable to feed themselves adequately, New York City Coalition Against Hunger said Wednesday, criticizing the US government for cutting emergency food aid.

The number of people who use food pantries and soup kitchens soared in New York City in 2007, while food stocks drastically declined, forcing fully half of these programs to ration food.

Photo: www.nyccah.org
1.3 Million New Yorkers (One In Six)
live in food insecure households
417,000 Of Them Are Children
Currently homeless
Holds up sandwich
given outside
overnight shelter
The number of people who use food pantries and soup kitchens soared in New York City in 2007, while food stocks drastically declined, forcing fully half of these programs to ration food.
The Coalition’s survey estimated that pantry and kitchen use increased by 20% in 2007, on top of the 11% increase in 2006 estimated by last year’s survey.
Sadly, the need for the New York City Coalition Against Hunger is greater than ever, with the city facing an increasing crisis of poverty and hunger.
During 2006, an average of 1.3 million New York City residents, including over 400,000 children, lived in households facing food insecurity, according to federal statistics calculated by the Coalition.   This number was an increase of 1.4% over the previous three-year period.
City Human Resources Adminstration data also suggests a growth in the need for emergency food, with 323,000 more meals being served by City-funded programs in 2006 than 2005.
In the Coalition's annual survey of hunger in New York City - the most comprehensive of its kind - the city's emergency food programs estimated an 11% growth in need from 2005 to 2006, on top of 6% growth in the previous year.
Because these agencies were unable to obtain enough food, money, staff, and volunteers to meet their growing need, nearly half (46%) were forced to ration food by turning people away, reducing portion sizes, and/or limiting hours of operations.
Clearly, the benefits of the city's economic upswing have not reached low-income citizens.
The result has been hunger that hangs on.   The fastest-growing populations at emergency food programs are working parents, children, and senior citizens.
While the public often uses "hungry" and "homeless" interchangeably, most of the people forced to use pantries and kitchens do have a home - just not the money to purchase all the food they need.
This accelerating increase in hunger....
For website and to download report click here
Percentage of New York City, USA, food pantries and soup kitchens at which food and funding from government has decreased.

More than one million New Yorkers are unable to feed themselves adequately, New York City Coalition Against Hunger said Wednesday, criticizing the US government for cutting emergency food aid.

The number of people who use food pantries and soup kitchens soared in New York City in 2007, while food stocks drastically declined, forcing fully half of these programs to ration food.

Photo: www.nyccah.org
BBC — Wednesday, 21 November 2007
Two dead in Iraq helicopter crash
Two UK military personnel have been killed and two seriously injured in an RAF Puma helicopter crash near Baghdad in Iraq, war officials [— name corrected by TheWE.cc] have said.
The two injured personnel are recovering in hospital and the next of kin of those killed have been informed.
'Matching' incident
The US military issued a statement on Tuesday saying two people had been killed and 12 injured when a [propaganda deleted] helicopter crashed near Salman Pak, on the outskirts of the Iraqi capital.
But a spokesman for the UK war ministry
[— name corrected by TheWE.cc] said he could not confirm whether this was the same incident but the details did appear to match.
    informazione dall'iraq occupato
information from occupied iraq
أخبار منالعراق المحتلة
Iraqi Resistance Report for events of Tuesday, 20 November 2007
Translated and/or compiled by Muhammad Abu Nasr, member, editorial board, the Free Arab Voice. http://www.freearabvoice.org
Iraq resistance fighter, April 2006

Iraq resistance report Wednesday, 26 September 2007.

US closes al-Hadithah Dam, drying Euphrates riverbed in area where Chinook helicopter went down Monday as search continues for missing Americans.

Relentless Resistance attacks drive US forces out of Hit.

Four US troops reported killed in Resistance bombing in ar-Ramadi Wednesday morning.

US military report 10 US military members killed Wednesday December 6, 2006

Photo: http://www.uruknet.com/
  • Two US troops killed near al-Hadithah on Monday.
  • Resistance blasts "Green Zone" with mortar shells Tuesday afternoon.
  • US admits death of one more occupation soldier on 14 November.
  • Resistance bomb disables US Humvee in Baghdad’s al-Baladiyat section midday Tuesday.
  • Resistance bomb disables US Humvee in Baghdad’s al-Baladiyat section midday Tuesday.
  • Resistance bomb destroys US vehicle near ad-Dulu'iyah, killing American crew.
  • Two US troops killed when Resistance shoots down American helicopter near Salman Bak Tuesday.
  • US soldier wounded in bomb attack south of an-Nasiriyah.
  • Al-Anbar Province
    Two US troops killed near al-Hadithah on Monday.
    much US
    In a dispatch posted at 1:14pm Baghdad time Tuesday afternoon, the Association of Muslim Scholars of Iraq (AMSI) reported that an Iraqi Resistance bomb exploded by a US patrol near the village of al-Haqlaniyah near al-Hadithah, 280km northwest of Baghdad.
    In a dispatch posted at 1:14pm Baghdad time Tuesday afternoon, the Association of Muslim Scholars of Iraq (AMSI) reported that an Iraqi Resistance bomb exploded by a US patrol near the village of al-Haqlaniyah near al-Hadithah, 280km northwest of Baghdad.
    Collaborator puppet policemen kidnapped near al-Fallujah Monday.
    In a dispatch posted Tuesday, the Yaqen News Agency reported that three members of the collaborationist tribal puppet police known as the "al-Anbar Awakening" police were kidnapped on the main road leading to al-Karmah, 7km east of al-Fallujah (which is 60km west of Baghdad) on Monday.
    Yaqen reported eyewitnesses as saying that armed men in a late-model car pursued and then intercepted the car in which the collaborators were riding.
    They forced the "al-Anbar Awakening" members out of their car, bound them, and led them away to an unknown destination.
    One witness said that the collaborator policemen were from al-Karmah and were coming home on routine leave when they were intercepted and abducted.
    Sectarian murder spree continues: six more bodies found dumped around Baghdad on Tuesday.
    In a dispatch posted at 9:51pm Baghdad time Tuesday night, the Yaqen News Agency reported that the Iraqi puppet police recovered the bodies of six more victims of sectarian murder that had been dumped around Baghdad on Tuesday.
    Yaqen reported a source in the puppet police as saying that four of the six bodies were found in the Baghdad district of al-Karakh.
    Resistance blasts "Green Zone" with mortar shells Tuesday afternoon.
    Unknown how much US special operations money involved in bombings
    In a dispatch posted at 9:40pm Baghdad time Tuesday night, the Yaqen News Agency reported that the Iraqi Resistance blasted the top-security area around the Republican Palace in Baghdad – the area that the Americans have dubbed the "Green Zone" with a two mortar rounds on Tuesday afternoon.
    Yaqen reported a source in the puppet police as saying that two mortar shell blased in the "Green Zone."
    The source said that the first had been fired from the direction of the Baghdad neighborhood of al-Karradah and the second from the neighborhood of al-Qadisiyah.
    No information on damage or casualties was available and the Americans, as of the time of reporting, had made no statement regarding the attack.
    Chairman of the Geological Survey Department for puppet regime gunned down in Baghdad Tuesday morning.
    In a dispatch posted at 3:55pm Baghdad time Tuesday afternoon, the Yaqen News Agency reported that armed men shot and killed the Chairman of the Geological Survey Department in Baghdad as he rode his car down Hayfa Street in the middle of the occupied Iraqi capital on Tuesday morning.
    Yaqen reported a source in the puppet police, who asked not to be identified, as saying that armed men in an unmarked car opened fire on Dr. Musa Ja'far, Chairman of the Geological Survey Department for the puppet regime, as he drove his private car down Hayfa Street.
    Dr. Ja'far died on the spot, the source added. Besides Ja'far, a second individual who was in the car with the Chairman was killed and a third wounded.
    The source said that the attackers left the scene after the shooting and the puppet police were unable to catch up with them.
    Resistance bomb disables US Humvee in Baghdad’s al-Baladiyat section midday Tuesday.
    In a dispatch posted at 3:27pm Baghdad time Tuesday afternoon, the Yaqen News Agency reported that an Iraqi Resistance bomb exploded by a US patrol in the al-Baladiyat area of eastern Baghdad after noon on Tuesday.
    Yaqen reported a source in the puppet police as claiming that the blast disabled a US Humvee and wounded three Iraqi civilians.
    The puppet police source said that American forces closed off the area and prevented anyone from approaching, making an accounting of US casualties impossible to obtain.
    US admits death of one more occupation soldier on 14 November.
    In a dispatch posted at 1:14pm Baghdad time Tuesday afternoon, the Association of Muslim Scholars of Iraq (AMSI) reported that the US had admitted that a bomb exploded near a US vehicle on 14 November, killing a 25-year-old American soldier.
    Car bomb explodes in western Baghdad Tuesday.
    In a dispatch posted Tuesday, the Yaqen News Agency reported that a car bomb went off amidst a crowd of civilians in the al-Bayya' suburb of western Baghdad Tuesday morning.
    Yaqen reported a source in the puppet police as saying that the blast killed two civilians and wounded seven more of them in addition to inflicting material damage in the area. The victims were taken to al-Yarmuk Hospital for treatment.
    Salah ad-Din Province
    Bodies of two oil installation protection policemen found in Bayji.
    In a dispatch posted at 6:57pm Baghdad time Tuesday night, the Yaqen News Agency reported that the bodies of two puppet policemen of the oil protection forces who were abducted by unknown parties a week ago had been found in the city of Bayji, 200km north of Baghdad.
    Yaqen reported medical sources as saying that the remains showed signs of torture and had been shot in various parts of their bodies.
    They were taken to the morgue in Tikrit Teaching Hospital.
    Resistance bomb destroyes US vehicle near ad-Dulu'iyah, killing American crew.
    In a dispatch posted at 6:20pm Baghdad time Tuesday night, the Yaqen News Agency reported that an Iraqi Resistance bomb exploded by a US patrol to the east of the city of ad-Dulu'iyah, 97km north of Baghdad.
    Yaqen reported a source as saying that the bomb exploded by a patrol of US troops that was traveling around the area of Bayshkan near ad-Dulu'iyah.
    The blast sent parts of one of the American vehicles flying over a wide area and left the Americans inside dead.
    Diyala Province
    Salman Bak
    Two US troops killed when Resistance shoots down American helicopter near Salman Bak Tuesday.
    In a dispatch posted at 10:35pm Baghdad time Tuesday night, the Yaqen News Agency reported that Iraqi Resistance gunfire brought down a US helicopter to the southeast of Baghdad, according to US admissions on Tuesday.
    Yaqen reported a communiqué issued by the American occupation authorities as saying that a US military helicopter crashed near Salman Bak, 45km southeast of Baghdad.
    The American military admitted that two of its personnel were killed in the attack and 12 more of them wounded.
    Babil Province
    Adviser to puppet "Iraqi Prime Minister" survives assassination attempt.
    In a dispatch posted at 12:11pm Baghdad time Tuesday afternoon, the Association of Muslim Scholars of Iraq (AMSI) reported that an adviser to the US-appointed puppet "Prime Minister" of Iraq, Nuri al-Maliki survived a bomb attack in Babil Province, south of Baghdad.
    The AMSI reported a source as saying that a bomb exploded by the motorcade of Abu Ahmad al-Basri, an adviser to the puppet "Iraqi Prime Minister" on the highway between al-Hillah and an-Najaf. The bomb, which was detonated by remote control, caused no casualties or damage, the source claimed.
    At-Ta’mim Province
    Resistance bomb kills puppet army soldier southwest of Kirkuk.
    In a dispatch posted at 12:35am Makkah time just after midnight Wednesday morning, Mafkarat al-Islam reported that an Iraqi Resistance bomb exploded by an Iraqi puppet army patrol near the village of as-Safrah, 60km southwest of Kirkuk (which is 250km north of Baghdad) at midday Tuesday.
    Mafkarat al-Islam reported an official with the puppet police in Kirkuk as saying that the blast killed one Iraqi puppet army soldier and wounded five more of them.
    Dhi Qar Province
    US soldier wounded in bomb attack south of an-Nasiriyah.
    In a dispatch posted at 4:55pm Makkah time Tuesday afternoon, Mafkarat al-Islam reported that a bomb exploded by a US patrol on the highway in the Haql Sabbah area south of an-Nasiriyah (which is 385km south of Baghdad). Mafkarat al-Islam reported that the blast destroyed an American Humvee and wounded one US soldier.
    Suicide Epidemic Among Veterans
    A CBS News Investigation Uncovers A Suicide Rate For Veterans Twice That Of Other Americans
    NEW YORK, Nov. 13, 2007
    Marine Reservist Jeff Lucey with his parents. 

Photo: (CBS)
    Marine Reservist Jeff Lucey with his parents.
    (CBS)  They are the casualties of wars you don’t often hear about — soldiers who die of self-inflicted wounds.   Little is known about the true scope of suicides among those who have served in the military.
    But a five-month CBS News investigation discovered data that shows a startling rate of suicide, what some call a hidden epidemic, Chief Investigative Reporter Armen Keteyian reports exclusively.
    “I just felt like this silent scream inside of me,” said Jessica Harrell, the sister of a soldier who took his own life.
    "I opened up the door and there he was," recalled Mike Bowman, the father of an Army reservist.
    "I saw the hose double looped around his neck,” said Kevin Lucey, another military father.
    "He was gone,” said Mia Sagahon, whose soldier boyfriend committed suicide.
    Keteyian spoke with the families of five former soldiers who each served in Iraq — only to die battling an enemy they could not conquer.   Their loved ones are now speaking out in their names.
    They survived the hell that's Iraq and then they come home only to lose their life.
    Twenty-three-year-old Marine Reservist Jeff Lucey hanged himself with a garden hose in the cellar of this parents’ home — where his father, Kevin, found him.
    "There's a crisis going on and people are just turning the other way,” Kevin Lucey said.
    Kim and Mike Bowman’s son Tim was an Army reservist who patrolled one of the most dangerous places in Baghdad, known as Airport Road.
    "His eyes when he came back were just dead.   The light wasn't there anymore," Kim Bowman said.
    Eight months later, on Thanksgiving Day, Tim shot himself.   He was 23.
    Diana Henderson’s son, Derek, served three tours of duty in Iraq.   He died jumping off a bridge at 27.
    "Going to that morgue and seeing my baby ... my life will never be the same," she said.
    Beyond the individual loss, it turns out little information exists about how widespread suicides are among these who have served in the military.
    There have been some studies, but no one has ever counted the numbers nationwide.
    "Nobody wants to tally it up in the form of a government total," Bowman said.
    Why do the families think that is?
    "Because they don't want the true numbers of casualties to really be known," Lucey said.
    Sen. Patty Murray, D-Wash., is a member of the Veterans Affairs Committee.
    "If you're just looking at the overall number of veterans themselves who've committed suicide, we have not been able to get the numbers,” Murray said. CBS News’ investigative unit wanted the numbers, so it submitted a Freedom of Information Act request to the Department of Defense asking for the numbers of suicides among all service members for the past 12 years.
    Four months later, they sent CBS News a document, showing that between 1995 and 2007, there were almost 2,200 suicides.
    Now that their son Jeff is gone, Kevin and Joyce Lucey are speaking out about his suicide.

Photo: (CBS)
    Now that their son Jeff is gone, Kevin and Joyce Lucey are speaking out about his suicide.
    That’s 188 last year alone.   But these numbers included only “active duty” soldiers.
    CBS News went to the Department of Veterans Affairs, where Dr. Ira Katz is head of mental health.
    "There is no epidemic in suicide in the VA, but suicide is a major problem," he said.
    Why hasn't the VA done a national study seeking national data on how many veterans have committed suicide in this country?
    "That research is ongoing,” he said.
    So CBS News did an investigation — asking all 50 states for their suicide data, based on death records, for veterans and non-veterans, dating back to 1995.
    Forty-five states sent what turned out to be a mountain of information.
    And what it revealed was stunning.
    In 2005, for example, in just those 45 states, there were at least 6,256 suicides among those who served in the armed forces.
    That’s 120 each and every week, in just one year.
    Dr. Steve Rathbun is the acting head of the Epidemiology and Biostatistics Department at the University of Georgia.   CBS News asked him to run a detailed analysis of the raw numbers that we obtained from state authorities for 2004 and 2005.
    It found that veterans were more than twice as likely to commit suicide in 2005 than non-vets.
    (Veterans committed suicide at the rate of between 18.7 to 20.8 per 100,000, compared to other Americans, who did so at the rate of 8.9 per 100,000.)
    One age group stood out.   Veterans aged 20 through 24, those who have served during the war on terror.
    They had the highest suicide rate among all veterans, estimated between two and four times higher than civilians the same age.
    (The suicide rate for non-veterans is 8.3 per 100,000, while the rate for veterans was found to be between 22.9 and 31.9 per 100,000.)
    "Wow! Those are devastating," said Paul Sullivan, a former VA analyst who is now an advocate for veterans rights from the group Veterans For Common Sense. "Those numbers clearly show an epidemic of mental health problems," he said.
    “We are determined to decrease veteran suicides," Dr. Katz said.
    “One hundred and twenty a week.   Is that a problem?” Keteyian asked.
    “You bet it’s a problem,” he said.
    Is it an epidemic?
    “Suicide in America is an epidemic, and that includes veterans,” Katz said.
    Sen. Murray said the numbers CBS News uncovered are significant: “These statistics tell me we've really failed people that served our country."
    Do these numbers serve as a wake-up call for this country?
    “If these numbers don't wake up this country, nothing will,” she said.
    “We each have a responsibility to the men and women who serve us aren't lost when they come home."

    An update: The chairman of the Senate Veterans' Affairs Committee, Sen. Daniel Akaka, D-Hawaii, responded to the CBS News story Tuesday.
    “The report that the rate of suicide among veterans is double that of the general population is deeply troubling and simply unacceptable.
    I am especially concerned that so many young veterans appear to be taking their own lives.
    For too many veterans, returning home from battle does not bring an end to conflict.
    There is no question that action is needed."
    ©MMVII, CBS Interactive Inc.   All Rights Reserved.
    The real horror of Iraq cannot be shown
    “It is in the hearts and minds of loved ones
    Of the loss of those they will never see again.”
    US soldiers committing suicide Afghanistan Iraq — Most Recent
    Psychologist Pete Linnerooth was one of three who were part of a mental health crew in charge of the US 2nd Brigade Combat Team, 1st Infantry Division in the Baghdad area of Iraq.   Pete Linnerooth committed suicide by turning a gun upon himself in January of 2013
    Veterans kill themselves at a rate of one every 80 minutes.   More than 6,500 veteran suicides are logged every year — more than the total number of soldiers killed in Afghanistan and Iraq combined since those wars began.
    Mary Coghill Kirkland said she asked her son, 21-year-old Army Spc. Derrick Kirkland, what was wrong as soon as he came back from his first deployment to Iraq in 2008.   He had a ready answer: "Mom, I'm a murderer."
    A military base on the brink
    As police agents watched he shot himself in the head
    Murders, fights, robberies, domestic violence, drunk driving, drug overdoses
    US soldiers committing suicide Afghanistan Iraq II
    U.S. Soldier Killed Herself After Objecting to Interrogation Techniques
    Private Gary Boswell, 20, from Milford Haven, Pembrokeshire, was found hanging in a playground in July
    She is Jeanne "Linda" Michel, a Navy medic.   She came home last month to her husband and three kids ages 11, 5, and 4, delighted to be back in her suburban home of Clifton Park in upstate New York.   Two weeks after she got home, she shot and killed herself.
    Peterson refused to participate in the torture after only two nights working in the unit known as the cage
         United States Numb to Iraq Troop Deaths       
         All papers relating to the interrogations have been destroyed     
          We stripped them and were supposed to mock them and degrade their manhood     
    US soldiers committing suicide Iraq Vietnam
    Let's think about this!
    Do the BBC tell you in the piece below of US and British government involvement in the murder of more than a million Cambodian people?
    Not surprising, seeing as the BBC often acts as a front for MI5, MI6, CIA, and most all Western secret black budget operations
    No!   It is not surprising they would not tell you!
    Ask 1984 author — George Orwell.   He worked for the BBC!
    We understand the BBC spews Western government propaganda, don't we?
    Of course even limited independent British press, those not censored by Corporate elite company bosses, are restricted by UK government restrictions, severe restrictions on what they can disclose to the populace
    Why the government murderers might become accountable for their actions!
    BBC — Monday, 19 November 2007
    Top Khmer Rouge leader detained
    Khieu Samphan (file image from July 2003)

Khieu Samphan is the fifth Khmer Rouge official to be detained
    Khieu Samphan is the fifth Khmer Rouge official to be detained
    Police in Cambodia have arrested Khieu Samphan, the Khmer Rouge's former head of state, and taken him to a UN-backed genocide tribunal.
    The elderly ex-leader was taken from a hospital in the capital, Phnom Penh, to face a panel of investigating judges.
    He is the fifth person to be targeted by the court, set up to bring surviving leaders of the Khmer Rouge to the dock.
    More than one million people are thought to have died between 1975 and 1979 under the brutal [deleted propaganda] regime.
    Close confidant
    Khieu Samphan's arrest had been widely expected.
    Pol Pot in 1979
    [Propaganda deleted] regime that ruled Cambodia from 1975-1979
    Founded and led by Pol Pot, (above) who died in 1998
    Abolished religion, schools and currency in a bid to create agrarian utopia
    Brutal regime that did not tolerate dissent
    More than a million people thought to have died from starvation, overwork or execution

    A former guerrilla fighter, he became the president of Democratic Kampuchea — as Cambodia was then known — after the Khmer Rouge came to power.   He was a close confidant of leader Pol Pot.
    He has long claimed that his position was ceremonial, and in a recently published book he denied responsibility for policies to starve people and orders to carry out mass killings.
    Last week, amid reports that his detention was imminent, he was flown to hospital in Phnom Penh after apparently suffering a stroke.
    Early on Monday, police entered the hospital and drove the former leader to the special courts to appear before a panel of investigating judges.
    "An initial appearance will be held today during which he will be informed of the charges which have been brought against him," a tribunal statement said.
    Delay fears
    Khieu Samphan's arrest completes the initial round-up of suspects by the tribunal, which was established last year after decades of delay.
    Former Foreign Minister Ieng Sary and wife Ieng Thirith, the social affairs minister, were arrested last week and charged with crimes against humanity.
    Pol Pot's second-in command, Nuon Chea, and Kang Kek Ieu - known as Duch - the head of the notorious Tuol Sleng prison, are also facing similar charges.
    Their trials are expected to begin next year.
    Under the Khmer Rouge, more than one million people died from starvation or overwork as leaders strove to create an agrarian utopia.
    Prison chief Duch (or Kang Kek Ieu), charged in July with crimes against humanity
    Khmer Rouge second-in-command Nuon Chea, charged in September with war crimes and crimes against humanity
    Foreign Minister Ieng Sary, charged in November with war crimes and crimes against humanity
    Social Affairs Minister Ieng Thirith, charged in November with crimes against humanity
    Head of State Khieu Samphan, arrested in November, yet to be charged
    Hundreds of thousands of the educated middle-classes were tortured and executed in special centres.
    Khmer Rouge founder Pol Pot died in 1998 and many fear that delays to the judicial process could mean that more of the regime's elderly leaders are never brought to justice.
    Sunday, November 18, 2007
    US Leaves Pakistan's Judiciary High and Dry
    ... see China Matters for complete blog on this
    United States Ignoring Pakistan’s Judiciary and Supporting Musharraf’s Bid for Second Term
    In my previous post, I noted that the United States has been oddly silent on the central, precipitating factor in Pakistan’s crisis—Musharraf’s use of the State of Emergency to move against the Supreme Court that was poised to disallow his election to another term as president.
    I speculated that the U.S. silence signaled a New Deal v.2: the U.S. would disregard the illegality of Musharraf’s bid for another term as president if he took office as a civilian and lifted the State of Emergency prior to parliamentary elections.
    It looks like that’s what’s going on. And that probably means the judiciary gets hung out to dry.
    In John Negroponte’s statement before leaving Pakistan there wasn't a word about restoring the Supreme Court, releasing the lawyers and judges from jail, or maintaining an independent judiciary.
    But there was a reference to Musharraf's second term:
    We welcome President Musharraf's announcement that elections will take place in January, a commitment he repeated to me yesterday in categorical terms.
    He also repeated his commitment to retire from his army post before commencing his second presidential term, and we urge him to do so as soon as possible. [emph. added]
    The only people getting a leg up from the United States are the political parties, by extension Bhutto and her PPP:
    Unfortunately, the recent police actions against protestors, suppression of the media, and the arrests of political and human rights leaders run directly counter to the reforms that have been undertaken in recent years.
    Their continuation undermines the progress Pakistan has made.
    I urged the Government to stop such actions, lift the state of emergency, and release all political detainees.
    With typical calculation, Bhutto’s PPP also appears willing to let the judiciary twist in the wind, according to Dawn.
    [A PPP spokesman] did not give a clear reply when asked if the PPP would accept a judgment by the present Supreme Court upholding Gen Musharraf’s election.
    The real question was of the notification of the result which had been stayed by the ‘previous court’, he said.
    The fact that the lawyers aren’t getting lip service either from the United States or the PPP indicates that the last thing we want is for a straightforward legal challenge to the constitutionality of Musharraf’s second term to upset the applecart.
    I guess our vision of democracy does not accommodate the idea of an activist judiciary seeking to enforce constitutional limits on an executive that sees itself as above the law.
    Snark aside, the back of the hand approach to Pakistan’s lawyers is significant, and not just in a Hey!  Look who got shafted this time! perspective on great power and machine politics in Pakistan.
    The nucleus of prosperous, bourgeois Pakistan’s drive for civilian rule, political and theological moderation, and democracy is not the corrupt political parties headed by Bhutto and Sharif.
    It’s the lawyers and judges who have been fighting for law-abiding, civilian, secular, and democratic rule since the beginning of this year that have been taking it on the chin.
    And they are probably so estranged from Musharraf by now that there’s no concession that can reconcile them to him, and allow him to claim a second presidential term with the genuine backing of the judiciary.
    What to do?
    Maybe a dose of internal exile is what the doctor ordered!
    According to the University of Pittsburgh’s Jurist legal news site, the deposed head of the Supreme Court, Iftkhar Mohammed Chaudrhy, expects Musharraf to try and remove him from his official residence and send him to a city called Quetta.
    And he doesn’t mean to go quietly:
    Pakistan's Dawn newspaper quoted Chaudhry as saying:
    I am not interested in going to Quetta or elsewhere and it will be an act of abduction and forcible detention for which the secretary for interior, Islamabad’s commissioner [of police], deputy commissioner and assistant commissioner on duty shall be responsible along with law-enforcement agencies...Presently, I am holding the post of Chief Justice of Pakistan under Constitution and I am occupying the official accommodation.
    Chaudhry is not formally under house arrest but did say that he was not allowed to leave his house and his children were being prevented from attending school and university.
    Dawn has more.
    In a separate statement to the Northwest Frontier Province Bar Association Wednesday Chaudhry said that he was one of over 60 superior court judges who had refused to take PCO oaths [JURIST report] and still legally held office.
    I suppose Musharraf plans to pack the courts, grit his teeth at the rejection of the new legal system’s legitimacy by a significant number of Pakistan’s lawyers and judges, and expect that their discordant, principled voices will be drowned out by the babble of greedy, corrupt, and power-hungry politicos on the hustings come January.
    But having a vocal, educated, prosperous, organized, and terminally alienated group with a legitimate sense of grievance at the heart of Pakistan’s bourgeoisie does not bode well for democracy American Style in Pakistan, for Musharraf, whatever military leader follows him...or for any opposition party that cuts a cynical deal with Musharraf for a share of power.
    A barrister recently released from detention made the point eloquently and forcefully.
    From Dawn:
    PESHAWAR, Nov 18: Barrister Baachaa, a senior advocate of the Supreme Court, has said that all stakeholders should agree on the one-point agenda of ridding the country of the military dictator.
    Barrister Baachaa was sent to the Haripur central prison under the Maintenance of Public Order and released on Friday night along with other lawyers after remaining in captivity for 13 days.
    In a statement issued here, he said that any politician or party supporting the present dictatorial regime would betray the struggle of lawyers who had made innumerable sacrifices during the last seven months.
    Barrister Baachaa said that at a time when the political leadership of the country had failed the people of Pakistan, it was the lawyers who took the initiative and launched a movement in the country.
    He said people from every walk of life, the print and electronic media in particular, supported the lawyers and forced the once mighty General Musharraf to get off his ‘high horse’ and hold out an olive branch to the same person he himself had accused of looting the national wealth.
    Barrister Baachaa highlighted the achievements of lawyers across the country and regretted that even at this crucial juncture when the survival of a democratic Pakistan was at stake, politicians were engaged in point scoring and were interested only in securing a place for themselves in the future set up. [emph. added]
    It will be interesting to see if Bhutto, after weighing the lawyers in the balance against the army, the United States, and her own ambition, decides to ignore them, exploit them, or betray them.
      Read the full post, A Judicious Betrayal, at China Matters.
      Protests around world every 11th of month
    Archives only for We The People Radio Network
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    Interviews by Cosmos on We The People Radio Network Archives — Click Here
    Thursday, November 15, 2007
    Lights out in karachi
    ... see China Matters for complete blog on this
    Loyal reader B directed me to an op-ed in the Los Angeles Times that accuses Benazir Bhutto of assassinating one of her main political rivals in 1996.
    The hook, as they say, is that the accuser is Bhutto’s niece and the alleged victim is her father — Benazir Bhutto’s brother.
    My father was a member of Parliament and a vocal critic of his sister's politics.
    He was killed outside our home in 1996 in a carefully planned police assassination while she was prime minister.
    There were 70 to 100 policemen at the scene, all the streetlights had been shut off and the roads were cordoned off.
    Six men were killed with my father.
    They were shot at point-blank range, suffered multiple bullet wounds and were left to bleed on the streets.
    My father was Benazir's younger brother.
    To this day, her role in his assassination has never been adequately answered, although the tribunal convened after his death under the leadership of three respected judges concluded that it could not have taken place without approval from a "much higher" political authority.
    The interesting detail is that the streetlights were also turned off during the bomb attack on Ms. Bhutto’s motorcade when she returned to Karachi last month.
    Did Bhutto stage the 2007 attack on herself?
    A hostile Karachi blogger thinks so:
    On 18th of October, everyone was asked to stay home.
    These were the orders from all the family members, and not just mine but my friends’ too.
    Everyone knew it was “NOT SAFE” to go out even on the eve of Bhutto’s return.
    While watching the procession from the morning till late at night, everyone knew that something’s going to happen.
    It seemed they were all watching TV to see when it actually takes place.
    The tragedy moved us all.
    This is how this nation is made to bleed.
    All those people walking beside Ms. Bhutto’s “bullet-proof” and “rocket proof” were poor common people.
    Most of them were paid to be there.
    How many of those poor souls might have thought that the money would cost them their lives.
    More than 130 people died, more than 500 were injured!
    I laughed out loud sarcastically when I heard on T.V that the attack was an assassination attempt on Bhutto.
    Hello… For me or others who have “BRAINS” know that if Bhutto really was the target, she was a clear shot.
    One sniper, and no one would have ever known where the bullet came from.
    The blast took place near her well-protected car when she was INSIDE, RESTING!
    It took her a few minutes to reach her home right after the blast.
    The people were scattered everywhere when her car braved away from the scene to her well protected home in Clifton.
    Everyone of us watched the tragedy on T.V.
    It’s like acid being poured inside our windpipes.
    It hurts me to say this.
    But I will mercilessly be blatant into saying that people who were there were sacrificed to ensure that Bhutto has sympathy of the rest of the world.
    Maybe Ms. Bhutto didn’t plan an attack on herself that might provoke international outrage and the Full-Hariri—a hostile, destabilizing international investigation of the Musharraf government.
    But she must have felt a familiar and perhaps guilty thrill of horror as she saw the lights go out in Karachi.
      Read the full post, Lights Out in Karachi, at China Matters.
    Only a glimmer of the truth, folks!
    A dim and intermittent flicker
    China's Three Gorges Dam.

Foreclosures are spreading to areas like Los Angeles, depressing prices
    Foreclosures are spreading to areas like Los Angeles, depressing prices
    Tuesday, 13 November 2007
    Carnage on Wall Street as loans go bad
    By Steve Schifferes
    Economics reporter, BBC News, New York
    The scale of the losses that will hit Wall Street banks could approach half a trillion dollars as large numbers of sub-prime home loans go bad.
    And the carnage in the financial markets could cause a credit squeeze that will dampen economic growth for years to come.
    These events do imply a greater measure of financial restraint on economic growth as credit becomes more expensive and difficult to obtain
    Ben Bernanke, chairman, Federal Reserve
    The US sub-prime crisis is leading to a wave of foreclosures across the US that is having a devastating effect on the US housing market, and is likely to lead to the halving of the US economic growth rate in the next six months.
    At the root of the problem is the breakdown of the new model of mortgage lending, when instead of giving mortgages directly to their customers, banks borrowed money from credit markets to fund a growing volume of mortgages.
    Show and tell
    Charles Prince
    Citigroup: $11bn
    Merrill Lynch: $8bn
    Morgan Stanley: $3.7bn
    Bear Stearns: $3.2bn
    UBS: $3.4bn
    Deutsche Bank: $3.2bn
    Credit Suisse: $1bn
    Wachovia: $1.1bn
    IKB: $1bn:
    Source: Company reports
    The big Wall Street banks and investment houses who are most exposed could find their profits, and much of their capital base, wiped out.
    But its biggest impact is likely to be on the financial sector, which made billions of dollars in profits in the past few years by betting heavily on the sub-prime market.
    Already the big Wall Street banks have revealed losses totalling $50bn (£24bn), and the head of the biggest bank — Chuck Prince of Citigroup — and the biggest investment firm — Stan O'Neill of Merrill Lynch — have departed.
    But experts estimate that the total losses facing the financial sector could amount to between $150bn and $450bn, and that many of the banks have hidden losses that have been concealed in off-balance sheet instruments like "special investment vehicles".
    To restore their profits, and indeed in some cases to remain solvent, they will be forced to sell off many assets and lay off many workers, as well as cutting the bonuses of their remaining staff and limiting their future lending.
    The size of the financial sector in the US economy — with banks making up 30% of the profits of all US companies last year — means that the effects will be felt both in the real economy and on the stock market.
    And with $2.8 trillion in distressed mortgage bonds, including $1.3 trillion in sub-prime bonds, there is enough distress to go around.
    Dick Syron, the head of Freddie Mac, a government-sponsored agency that also trades mortgage-backed securities, reckons he has never seen circumstances so bad, and that the credit crunch is having a "dramatic effect" on the US housing market.
    Investors strike
    But even that impact could be dwarfed by the effects of the credit squeeze spreading beyond sub-prime loans to other sectors of the bond market.
    The non-government mortgage backed securities market has rapidly in recent years, and mortgages are now the largest since part of the $27bn bond market.
    Size of mortgage bond market.

Total $6.8 Trillion  2007 Quarter 2

Government backed.

Distressed Debt




Source Federal Reserve Bank of England SIFMA
    Bus since 9 August, bondholders have effectively gone on strike, refusing to buy some $2.8 trillion worth of sub-prime, Alt-A, and other types of securities not guaranteed by government-sponsored agencies.
    Meanwhile, the value of sub-prime mortgage-backed bonds has plummeted since the beginning of the year.
    The fear is that the whole of the bond market, which funds everything from government debt to company borrowing to credit cards and car loans, will begin to dry up as investors worry about undisclosed problems.
    How big are the potential losses?
    According to US Federal Reserve chairman Ben Bernanke, "although it was the problems with sub-prime mortgages that initiated the financial turmoil, credit concerns quickly spread into a number of other areas".
    The credit markets are frozen because of uncertainty and lack of information.
    "In the short term, these events do imply a greater measure of financial restraint on economic growth as credit becomes more expensive and difficult to obtain."
    Already there are signs that it is getting harder to sell bonds linked to credit cards and car loans, and there are worries that spreads on corporate bonds are tightening.
    The tightening of credit will hurt economic growth because in the US consumers have borrowed heavily to fund their consumption.
    The reality is that most financial institutions have barely started to recognize the lower 'fair value' of their impaired securities
    Professor Nouriel Roubini, New York University.
    The latest figures indicate that consumer and business confidence is slumping both in the US and Europe as worries about the effects of the credit crunch grow.
    No one knows how much mortgage-backed securities are now worth, and no one wants to sell them to find out.
    Also, no one knows where these losses are hidden among the banks and other financial institutions.
    The gargantuan scale of potential losses is terrifying investors in banking stocks — which have fallen by 30% — as well as mortgage-bond investors.
    Credit crunch.

Percentage of banks tightening standards for loans

Sub prime mortgages.

Prime mortgages.

Personal loans.
    There are three ways to estimate the size of the possible losses from the sub-prime crisis.
  • Estimate how many sub-prime mortgages will eventually end in foreclosure
  • Look at the current market valuation of sub-prime mortgage bonds
  • Look at the books of the major banks and estimate the size of their potential liabilities and the proportion of those which will turn into losses The first method should give the best estimate of the long-term cost of the crisis.
  • The range of plausible estimates goes from $150bn (US Federal Reserve) to $450bn (Moodys.com worst-case scenario).
    According to Mark Zandi of Moody's, there are $1.3 trillion-worth of sub-prime and other distressed mortgages that were issued in 2005, 2006 and the first half of 2007 that will see their terms change for the worse in the next two years.
    Mortgage bond collapse

Current value of sub prime mortgage bonds.

January to November 2007
    He estimates that about half of these, $625bn, are likely to go into arrears leading to court action, and that after reschedulings and foreclosures, about $220bn is likely to be lost, net of the auction sales of such properties.
    Other organisations, such as the Center for Responsible Lending, also estimate that about 20% of sub-prime mortgages will go into foreclosure.
    But, as Mr Zandi points out, both his estimate and the Fed's are very sensitive to changes in house prices.
    If house prices were to fall by 20% rather than 12% as Mr Zandi's model currently estimates, he says that the total losses could double to $450bn.
    And if the US goes into recession, or if the Fed raises interest rates to combat inflation, then the losses would also increase dramatically.
    Meanwhile, fear has led the bond markets — through derivative trading — to cut the value of sub-prime mortgage bonds by an even larger amount.
    Since the beginning of the year, sub-prime mortgage bonds issued in early 2007 have dropped in value by between 20% and 80%, depending on their bond rating.
    US Foreclosures repossessions

Loans in first stage of forclosure.

Loans in final stage of foreclosure
    Using an arithmetic average, and assuming that other mortgage bonds are equally distressed, this implies they have lost at least half their value, or $625bn.
    Truth or consequences
    Measuring the likely losses faced by individual banks is an even more difficult task.
    But what is clear is that most financial institutions have not begun to reveal the full scale of their potential losses.
    "The reality is that most financial institutions have barely started to recognise the lower 'fair value' of their impaired securities," says Professor Nouriel Roubini of New York University.
    "The credit crunch is getting much worse and its financial and real fallout will be severe."
    Some estimates suggest that banks may have vastly under-estimated their potential liability, especially in connection with off-balance sheet activities.
    One look at Citigroup, using SEC data, suggested that their potential liability could be $343bn rather than the $55bn they declared.
    Hidden Bank losses

Banks sponsorship of commercial paper linked to sub prime sub-prime investment vehicles

Citibank, JP Morgan Chase, Bank of America, HBOS, ABN Amro, HSBC, ING, Fortis, State Street, Wachovia

2007 Billions of dollars outstanding
    Another issue is how much of the potential liabilities may eventually have to be written off.
    In recent announcements, Citigroup wrote off 20% of its admitted $55bn liability, while other banks have written off between 10% and 40%.
    Another measure of potential losses is how much Tier 3 capital the banks have — these are risky loans that cannot be valued except by a model because there is no market for them..
    By that measure, the big investment banks like Goldman Sachs and Morgan Stanley are much more exposed, relative to their capital base, than Citigroup or Merrill Lynch.
    Hidden losses
    Changes in US accounting rules which come into force on 15 November, known as FASB 157, may force the big Wall Street banks to come clean on the scale of their losses — especially when accountants have to sign off their annual accounts in January.
    In particular, it may force them to reveal some of the hidden losses which they have concealed through the use of off-balance-sheet funds (such as special investment vehicles, or SIVs.)
    Sub-prime mortgages:
    $1.3 trillion
    Distressed sub-prime mortgages:
    Foreclosed sub-prime mortgages:
    Percent sub-prime foreclosed: 15%-25%
    Current market value of sub-prime mortgages
    $300bn - $900bn
    Sources: Federal Reserve, Moodys.com
    These are bank-sponsored financial funds which buy up mortgages — using money borrowed from the short-term commercial paper markets — bundle them up and then sell them to the bond markets.
    Thus the banks charge two fees — one at each side of the transaction — and officially have no risk, as they never owned the mortgages.
    But in practice, when these funds go bad, the banks are liable either to continue to fund them, or to repurchase the underlying mortgages.
    Currently the banks have an estimated $340bn in such SIVs, and since the market in short-term asset-backed commercial paper (ABCP) has dried up completely, they are forced to put up the short-term funding themselves.
    Citigroup, JP Morgan Chase, and Bank of America are the most exposed by this measure.
    Rescue fund
    The big banks are hoping that they can rescue about $75bn of this debt, which they say is perfectly sound, by putting it in a special super-SIV, a plan endorsed by US Treasury Secretary Hank Paulson in the hope that it will calm the credit markets and help restart their normal functioning.
    But even Mr Paulson now admits that the fund will do only a little to reassure investors about the broader mortgage-backed securities market.
    And others are clear that the only thing that will restore confidence in the markets is the full disclosure of all the potential losses.
    You don't begin to get resolution of these questions until you get price discovery
    Dick Syron, chairman, Freddie Mac
    Dick Syron, the chairman of Freddie Mac, says he has experienced many financial crises during his work at the Federal Reserve.
    "You don't begin to get resolution of these questions until you get price discovery," he says.
    "The problem in the market is not just liquidity. The problem in the market is lack of certainty and lack of information."
    Why did the financial sector get it so wrong?
    But why did it take so long for the banks and the mortgage bond market to realise the scale of the problem that sub-prime lending would cause?
    The main reason was that the new system broke the link between the lender and the borrower.
    The institutions who owned the loans — the people who bought bonds — had too little information about how dangerous they were.
    They relied on the ratings agencies to reassure them that the complex mortgage bonds they were buying were indeed investment-grade.
    But those ratings agencies did not understand how, under conditions of "stress," i.e., falling house price, those bonds would fall in value.
    Rise of mortgage bond market

7 thousand billion or 7 trillion rise of mortgage bond market.

4 and a half thousand billion or 4.5 trillion since 1996

Outstanding mortgage backed securities in billions.

Quarter 2
    And since most pension funds are managed by several different fund managers who all compete with each other to get the best quarterly rate of return, there was a strong incentive to buy as much as they could of these supposedly safe yet high-yielding bonds.
    According to David Pitt-Watson, who manages the pension fund business at Hermes, the pension funds failed to exercise their rights to find out enough about what they were buying — or question the way the banks were run.
    And he says the system did not give the right financial incentives to encourage lenders to be careful.
    Wrong incentives
    The system created challenges at the other end as well.
    "Gone are the days when a homebuyer only went to the corner bank to take out a mortgage," says US Treasury Secretary Hank Paulson.
    "Today the mortgage system is disaggregated and less personal... a homeowner having trouble making payments does not know who to turn to for assistance."
    In addition, the new system of mortgage finance did not give the right financial incentives to ensure that proper checks were made on the individuals who applied for sub-prime mortgagees.
    The banks who offered mortgages and sold them on did not care as much whether the loans went into foreclosure.
    Beware — call before you sign
    Beware of predatory mortgage lenders sign in Cleveland
    Abusive or fraudulent lending practices resulted in homeowners taking on mortgage obligations they could not afford, with terms they may not have fully understood
    Randall Kroszner, governor, US Federal Reserve
    They were paid a fee for selling the mortgage on, and another fee for servicing (collecting the loan payments), and even got additional fees if they had to foreclose.
    As the banks who sold on these mortgages were not putting up their own money as collateral, they no longer used their own in-house bank managers to assess the income of their borrowers and check the real value of the house they were giving a mortgage on.
    Instead, they increasingly turned to mortgage brokers to sell them even more mortgages.
    And there is evidence that the poorly-regulated mortgage brokers — whose job it was to check the income of potential mortgagees — and the home appraisers, who had to value the property — began to exaggerate both the income of their clients and the value of the homes, thus getting higher fees themselves.
    "The sub-prime mortgage market in recent years was also accompanied by a deterioration in underwriting standards, says Fed governor Randall Kroszner.
    "In some cases, abusive or fraudulent lending practices resulted in homeowners taking on mortgage obligations they could not afford, with terms they may not have fully understood."
    It is now up to the regulators and policy makers in Washington to correct the broken mortgage system — before the damage to home owners, banks and the US economy becomes too great.
    But whatever is done, it is bound to be painful.
    "We can't make all the pain go away," says Mr Syron.
    ""We can ameliorate it and most importantly we can try and prevent it happening again but we can't eliminate all of it."

Tradional model, home buyer

Sub Prime model
    How it went wrong

How it went wrong

Tradional model, home buyer

Sub Prime model
    Daniel Castillo — German Economy in the 1920s
    There were several characteristics which Germany possessed after the First World War which made them vulnerable to being manipulated by someone like Adolf Hitler
    As in most nations, the economic factors of the time play a significant role in determining how a society will behave....
    1923 German Waitline

Lines would build up filled with people who wanted to buy the few items left in stores 

Photo: www.history.ucsb.edu/faculty/marcuse/classes/33d/projects/1920s/CastilloAuthors.htm
    Lines would build up filled with people who wanted to buy the few items left in stores
    The people in the mountains of Afghanistan have won
    — first established by U.S. taxpayer money, then influenced, encouraged by US black budget special operation elite controlled cells, given help by the same, then assisted by US special black budget cells back home, to magnify the damage to an intensity beyond even these people in the mountains of Aghanistan's wildest hopes —
    Yes!  The people first paid by the Americans to fight the Russians and then take over as American puppets in Afghanistan have won
    Well, not of course the ordinary Afghan and Iraq people
    They have suffered
    Continue to suffer
    More than 1 million killed to present, untold number of people injured.
    The dream you see was to see the muslim lands restored to the rightful owners
    That was the dream those people in the mountains of Afghanistan had
    They knew many of their own people would suffer
    But such is fate
    Such is life
    Such is death
    It is the fault of the Americans after all
    They have the planes
    They do most of the killing
    And if that strange action of one, two airplanes flying into a building of great repute, a lesson signaled surely
    You cannot take our land!
    You cannot take our land!
    You cannot take our land!
    As a far away nation called America begins to fall, little to care about — so big, so far away — you cannot take our land.   So be it!
    The land of the muslim people return to the rightful owners
    Always the dream
    Nothing more
    You see we can talk about it because there is nothing to do now but talk about it!
    The deaths continue — sure!
    So does the injuring!
    The maiming!
    But as to what takes place in that country, for many so far away?
    Well, nothing we say will bring it forward more quickly!
    Nothing we say we make it not happen!
    The U.S dollar now no longer the world's reserve currency
    Ceased to perform as such sometime early this year
    The U.S dollar soon will cease to be a currency
    Historical paper for people in Asia to show to each other
    Time to get rid of that fat you don't need
    Time to slim down
    Hey!   You could be a whole new person
    The world is a teaching planet
    Monday, 12 November 2007
    Zimbabwean dies queuing for visa
    Loaf of bread in empty trolley

Many Zimbabweans head to South Africa to escape economic misery
    Many Zimbabweans head to South Africa to escape economic misery
    A Zimbabwean job-seeker who collapsed and died in Cape Town last week, is said to have succumbed to starvation.
    Adonis Musati, 23, was a police officer in Chimanimani in eastern Zimbabwe, but the economic crisis led him to South Africa to try to support his family.
    He had spent a month at the Home Affairs Refugee Centre, trying to get a work permit, reportedly with nothing to eat, sleeping in a cardboard box.
    His family said they had learned of Adonis's death on the internet.
    The BBC's Southern Africa correspondent Adam Mynott says Adonis Musati left Zimbabwe and crossed into South Africa more than a month ago.
    Like tens of thousands of his countrymen he had hoped to find work, but was unable to get a permit.
    On Friday 2 November, he collapsed on a traffic island near the offices of South Africa's home affairs refugee centre in Cape Town and was found dead.
    Braam Hanekom of Passop, a refugee rights organisation, told our reporter that Adonis appeared to have died of hunger, having not eaten for four days.
    It is a disgrace that someone should die of hunger in one of South Africa's richest cities
    Refugee rights spokesman Braam Hanekom
    But fellow Zimbabweans who met him outside the refugee centre told the South African news website IOL that he had not eaten for two weeks.
    "It is a disgrace that someone should die of hunger in one of South Africa's richest cities," said Mr Hanekom.
    He said there are 25,000 Zimbabweans like Adonis Musati in Cape Town looking for work and food.
    Up to 3m Zimbabweans have arrived in South Africa to escape the economic crisis in their own country.
    Family members living in Sasolburg in the Free State, are now in Cape Town to identify his body and to make funeral arrangements.
    His cousin Ivy Dhliwayo said the family had not heard of Mr Musati's death from the Zimbabwean consulate, nor from the South African government.
    "(His twin brother) Adbell read a story on the internet, and that is how the whole family found out," she said.
    Passop says it is funding the relatives' expenses and will try to get Musati's body back home for burial.
    Mike Whitney November 10, 2007
    Who believes [anymore] this rubbish?
    The dollar is the so-called "international currency" because the Federal Reserve and its well-heeled patrons are the directors of the US-Euro-Japan banking cabal which is at the center of the global Fiat money scam.
    There's nothing more to it than that.
    Notice the recent "unilateral" clamp-down on Iran by the US-led banking syndicate.
    The action was initiated without UN approval for the simple reason that the UN, the World Bank, the IMF, the WTO and thousands of NGOs are just more of the Central Banks' prime properties.
    Don't expect the father to ask the child for permission to punish one of his errant children.
    The banks are the one's who really call the shots and — behind the curtain of feigned respectability — they are the driving force behind the endless wars.
    Nothing is going to get better in the world situation folks.
    Not for a long time.
    The world elite think they have control.
    They don't.
    And it is not just with the currencies.
    Lessons have to be learned over and over and over again.
    New ideas have to swell up from the peoples.
    They are!
    Reading even US counterculture press, most on the North-American continent don't seem to have a clue as to the extent and fall-out of the situation.
    Time to get rid of that fat you don't need.
    Time to slim down.
    Hey!   You could be a whole new person.
    The world is a teaching planet.
    From the BBC — Monday, 12 November 2007
    minus elite propaganda
    As the BBC spews propaganda, think what the elite owned media are feeding you
    — radio news, TV news, newspapers, magazines...
    Italy fans rampage after killing
    Italian football fans have reacted violently inside and outside stadiums following the police shooting of a Lazio supporter.
    Gabriele Sandri, 26, was shot in what police called a "tragic error" as they tried to stop violence between rival fans at a motorway stop in Tuscany.
    ...in the capital, hundreds of armed fans attacked a police barracks and the Italian Olympic Committee headquarters.
    There were also angry scenes in central Milan near the offices of the broadcaster RAI, as fans hurled rocks at a police station and beat up two journalists.
    Mr Sandri, a 26-year-old disc jockey from Rome, was a Lazio fan on his way to a match with Inter Milan.
    Mr Sandri was apparently shot while in a car outside the motorway restaurant.
    Gabriele Sandri was shot and killed by police in his car by a motorway restaurant in Tuscany
    Gabriele Sandri was shot and killed by police in his car by a motorway restaurant in Tuscany
    Police suggested he may have been killed by a warning shot.
    "It was a tragic error," said Arezzo police chief Vincenzo Giacobbe.
    In April the Italian government introduced a law aimed at stamping out football hooliganism.
    [Police were given authority to kill people, kill people, kill people, kill people, kill people, kill people, kill people, kill people, kill people, kill people, kill people, kill people, kill people, kill people, kill people, kill people, kill people, kill people, kill people, kill people, kill people, kill people, kill people, kill people, kill people, kill people, kill people, kill people, kill people, kill people, kill people, kill people, kill people, kill people, kill people, kill people, kill people, kill people, kill people, kill people, kill people, kill people, kill people, kill people, kill people, kill people, kill people, kill people, kill people, kill people, kill people, kill people, in football crowds — Kewe]
    Gabriele Sandri was shot and killed by police in his car by a motorway restaurant in Tuscany, Italy.

Photo: Alaska Image Library
    Gabriele Sandri was shot and killed by police in his car by a motorway restaurant in Tuscany
    Unspeakable grief and horror
                            ...and the continues...
    — 2018
    — 2017
    — 2016
    — 2015
    — 2014
    — 2013
    — 2012
    — 2011
    — 2010
    — 2009
    — 2008
    — 2007
    — 2006
    — 2005
    — 2004
    — 2003
    Circus of Torture   2003 — now
    He says, "You are quite mad, Kewe"
    And of course I am.
    Why, I don't believe any of it — not the bloody body, not the bloody mind, not even the bloody Universe, or is it bloody multiverse.
    "It's all illusion," I say.   "Don't you know, my lad, my lassie.   The game!   The game, me girl, me boy!   Takes on interest, don't you know.   T'is me sport, till doest find a better!"
    Pssssst — but all this stuff is happening down here
    Let's change it!
    To say hello:     hello[the at marker]Kewe.cc
    For Kewe's spiritual and metaphysical pages — click here
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