USA corruption - search results
Global Warming Alarmists, Looking Ridiculous, Double Down
The New Master Plan for the Jewish State
The Political Struggle in South Sudan
The Political Struggle in South Sudan
Skeptics Gone Wild: Navigating America’s Conspiracy Theory Culture
Wave of US Municipal Bankruptcies Caused by Wall Street Predatory Interest Rates, not Pensions
Know Your Enemy: Financial Fascism and its Come-Uppance
Power Takeover: Are Smart Meters Part of the Largest Corporate Scam in History?
Erdogan’s Son Caught with Al-Qaeda Financier
2014 Is the Year for a People Powered Movement
Why aren’t the Wall Street criminals prosecuted?
Acute child malnutrition has doubled in Afghanistan since 2012
WikiLeaks: Conspiracy of Governance to the Courage to Inspire
The Ruckus at Boeing: Round One Goes to Them
Changing the Political and Economic Environment: The Tasks of the People-Powered Movement for 2014
The Killing of Journalists in Iraq
10 Disruptors: People Who Really Shook Up the System in 2013
Egypt Gone Bad
Egypt Gone Bad
The Contraception Mandate
The US/India (Un)Diplomatic Farce
How the Washington Post Distorts Colombia
Social Mobilization and the Transnational Protest Movement
Failure of Palestinian Authority, BDS Success to Continue
Thailand Protest Movement Plans to “Shut Down Bangkok”
Meeting Mandela
36 Signs The Media Is Lying To You About How Radiation From Fukushima Is...
The west coast of the United States is being absolutely fried by radiation from the Fukushima nuclear disaster, and the mainstream media is not telling us the truth about this. What you are about to see is a collection of evidence that is quite startling. Taken collectively, this body of evidence shows that nuclear [...]
Turkey Riots: Another CIA Coup D’état Draped In ‘Scandal’
2013: How Alternative Media Influenced The Year Of Awakening
Ten Years ago, The Tsunami: Foreknowledge of A Natural Disaster: Washington was aware that...
CFR Pushes, Praises Its Own Stanley Fischer for No. 2 Spot at Fed
Egypt’s Pinochet
Egypt’s Pinochet
Who is the Middle East Leader of the Year?
Vladimir Vladimirovich and the Grey Lady
​Who is to blame for the crisis in South Sudan?
The world’s youngest nation has been in disarray since December 14th, when sporadic gunfire and skirmishes broke out in the capital, Juba. Shortly after, South Sudan’s President Salva Kiir announced that a coup had been attempted by members of his own presidential guard allied with Riek Machar, the ambitious former vice president who was purged in July. Since then, the country has been destabilized by fighting between government forces and members of the army loyal to Machar, forcing tens of thousands to abandon their homes and seek shelter in squalid UN bases throughout the country. Reports indicate that rebels have captured swathes of territory, including areas such as Bentiu, a northern provincial capital in the country’s most oil-rich region, and other economically strategic areas. Kiir belongs to the Dinka – the country’s most powerful and populous ethnic group – while Machar is ethnically Nuer, and sources claim that brutal ethnic violence has broken out between the two groups with heavy involvement by government forces.
Juba has insisted that its forces have only protected civilians and have not taken part in massacres, despite numerous reports of security forces arbitrarily targeting civilians belonging to the Nuer ethnic group. The resulting violence has prompted the UN to add nearly 6,000 international troops and police officers to the more than 7,600 peacekeeping forces already in the country.
The United States – which has been South Sudan’s main political backer prior to and since its independence in 2011 – has firmly declared their support for Kiir’s government and warned the rebels against attempts to seize power through military force. Though the current crisis has undeniable ethnic dimensions that have reemerged as a consequence of historically unsettled animosity between the Dinka and Nuer people, the crux of the problem is political. The rampant corruption and misuse of governmental authority in political and economic affairs has divided the ruling party (the Sudan People’s Liberation Movement or SPLM), while the state’s inability to provide basic services and alleviate poverty has created widespread disenchantment in a society that was largely optimistic that independence would bring lasting peace.
Thailand’s Upcoming Sham “Elections”
Campaign cash rules drown in bathtub
Is South Sudan a Failed State?
Cruelty, Corporations, Congress, and Christmas: Unhappy Holidays for the Poor & Unemployed
Obama and UN Embroil United States in Central African Conflict
Intrigue in North Korea Led to Purge, Says South Korean
Amnesty in the Russian Federation
Amnesty in the Russian Federation
Globalization, Capitalist Democracy and End Times
Globalization, Capitalist Democracy and End Times
Vladimir Vladimirovich and the Grey Lady
The European Model
Keller’s final point is that Putin is being heavy handed over the Ukrainian/EU integration crisis, but Keller avoids discussing the deep historic and ethnic links between the two nations. Most Americans would agree that Russia should stay out of NAFTA negotiations, seeing North America as clearly not within the Russian sphere of influence. Ukrainians are deeply divided over the integration with Europe, so why not let the Ukrainians and Russians work out their trade relations without the American government getting involved?
Khodorkovsky
Khdorkovsky eventually wound up the billionaire owner of Yukos Oil, which he planned to sell to Exxon Mobil . Khdorkovsky also had political ambitions, creating the Open Russian Foundation and putting Henry Kissinger and Lord Jacob Rothschild on the board of directors. He was clearly eyeing political power by making close ties with the West, too close for the Kremlin, even being named to the Advisory Board of the Carlyle Group.
Putin and the American People
Americans probably don't approve of roads where members of one religion can drive, but members of another religion must walk, as occurs in Hebron and reported on by Ynet, "Jewish residents are allowed to cross the road by vehicle, but Palestinians are now only permitted to cross by foot or by bicycle." They probably wouldn't look fondly on back of the bus seating for women, yet in spite of this type of segregation in a country that claims to be democratic, the NY Times doesn't feel compelled to demonize Mr. Netanyahu and his 'socially conservative' Likud party.
The Interests of the American People
War Without End? Obama Pursues “Occupation-Lite” in Afghanistan
US ducking meaning of decent society
Trickle-Down Economics Has Made America An “Indecent Society”
Peru military-police scandal throws government into crisis
Globalization: The Fast Track To Nowhere
Putin Paints Russia as Defender of Traditional Values, Blasts West
South Africa and Zimbabwe: A Tale of Two Land Reforms
The Meaning of a Decent Society
It’s the season to show concern for the less fortunate among us. We should also be concerned about the widening gap between the most fortunate and everyone else.
Although it’s still possible to win the lottery (your chance of winning $648 million in the recent Mega Millions sweepstakes was one in 259 million), the biggest lottery of all is what family we’re born into. Our life chances are now determined to an unprecedented degree by the wealth of our parents.
That’s not always been the case. The faith that anyone could move from rags to riches – with enough guts and gumption, hard work and nose to the grindstone – was once at the core of the American Dream.
And equal opportunity was the heart of the American creed. Although imperfectly achieved, that ideal eventually propelled us to overcome legalized segregation by race, and to guarantee civil rights. It fueled efforts to improve all our schools and widen access to higher education. It pushed the nation to help the unemployed, raise the minimum wage, and provide pathways to good jobs. Much of this was financed by taxes on the most fortunate.
But for more than three decades we’ve been going backwards. It’s far more difficult today for a child from a poor family to become a middle-class or wealthy adult. Or even for a middle-class child to become wealthy.
The major reason is widening inequality. The longer the ladder, the harder the climb. America is now more unequal that it’s been for eighty or more years, with the most unequal distribution of income and wealth of all developed nations. Equal opportunity has become a pipe dream.
Rather than respond with policies to reverse the trend and get us back on the road to equal opportunity and widely-shared prosperity, we’ve spent much of the last three decades doing the opposite.
Taxes have been cut on the rich, public schools have deteriorated, higher education has become unaffordable for many, safety nets have been shredded, and the minimum wage has been allowed to drop 30 percent below where it was in 1968, adjusted for inflation.
Congress has just passed a tiny bipartisan budget agreement, and the Federal Reserve has decided to wean the economy off artificially low interest rates. Both decisions reflect Washington’s (and Wall Street’s) assumption that the economy is almost back on track.
But it’s not at all back on the track it was on more than three decades ago.
It’s certainly not on track for the record 4 million Americans now unemployed for more than six months, or for the unprecedented 20 million American children in poverty (we now have the highest rate of child poverty of all developed nations other than Romania), or for the third of all working Americans whose jobs are now part-time or temporary, or for the majority of Americans whose real wages continue to drop.
How can the economy be back on track when 95 percent of the economic gains since the recovery began in 2009 have gone to the richest 1 percent?
The underlying issue is a moral one: What do we owe one another as members of the same society?
Conservatives answer that question by saying it’s a matter of personal choice – of charitable works, philanthropy, and individual acts of kindness joined in “a thousand points of light.”
But that leaves out what we could and should seek to accomplish together as a society. It neglects the organization of our economy, and its social consequences. It minimizes the potential role of democracy in determining the rules of the game, as well as the corruption of democracy by big money. It overlooks our strivings for social justice.
In short, it ducks the meaning of a decent society.
Last month Pope Francis wondered aloud whether “trickle-down theories, which assume that economic growth, encouraged by a free market, will inevitably succeed in bringing about greater justice and inclusiveness…”. Rush Limbaugh accused the Pope of being a Marxist for merely raising the issue.
But the question of how to bring about greater justice and inclusiveness is as American as apple pie. It has animated our efforts for more than a century – during the Progressive Era, the New Deal, the Great Society, and beyond — to make capitalism work for the betterment of all rather merely than the enrichment of a few.
The supply-side, trickle-down, market-fundamentalist views that took root in America in the early 1980s got us fundamentally off track.
To get back to the kind of shared prosperity and upward mobility we once considered normal will require another era of fundamental reform, of both our economy and our democracy.
Globalization: Fast Track To Nowhere
Notes
America’s greediest: The 2013 top ten
Stopping Iran’s Human Rights Abuses
Al Gore Forecasted “Ice-Free” Arctic by 2013; Ice Cover Expands 50%
Former Top NSA Official: “We Are Now In A Police State”
A Victory for the Constitution
10 Greediest People in America
10 Steps to Dictatorship in Haiti
US Hegemony and Puerto Rico’s Economic Crisis
Timothy Alexander Guzman, Silent Crow News – A major economic crisis is looming in the Caribbean. Puerto Rico, a US Commonwealth will be the center of attention in the world of finance in the coming months ahead. Puerto Rico’s economy has been in a recession since 2006 and its bonds are close to junk status. Puerto Rico is facing an alarming economic downturn that is clearly unsustainable. The economy is headed for a major collapse, one not seen since the great depression, this time it could be far worse. Puerto Rico has $70 billion in debt and an underfunded government pension system that will be eventually face cuts which only adds to more economic uncertainties for the population. Unemployment levels are at 14.7 percent and a mass migration of the Puerto Rican people to the United States in search of better opportunities has taking hold. Puerto Rico’s economy is dependent upon the United States government and its corporations, which many are pharmaceutical conglomerates. It is politically and socially a “Colonial Possession” of the United States since the Spanish-American war of 1898. However, Puerto Rico is not alone. The United States has other colonial possessions namely Guam, American Samoa in the Pacific and the U.S. Virgin Islands. France and Great Britain also has “Colonial Possessions” or “Overseas Territories” in a number of regions throughout the world. Puerto Rico is no exception to the rule; it is a colony that has been exploited politically and economically for more than a century under US rule.
Puerto Rico’s economy is in a dire situation. As of October 2013, the official number of people who are unemployed is at 14.7 percent, perhaps a lot higher if you count those that have dropped out of the labor force because they are no longer looking for employment opportunities. The Public debt is currently at $70 Billion and increasing daily. Early this month an article written by Justin Velez-Hagan who is executive director of The National Puerto Rican Chamber of Commerce for Forbes magazine titled ‘Default: Puerto Rico’s Inevitable Option’ describes what lead to Puerto Rico’s debt crises:
With triple tax exemption (federal, state, and local), combined with higher-than-average yields, Puerto Rican bonds became so popular in recent years that it was able to rack up $70 billion of debt now held by institutional investors and mutual funds alike. The debt-to-GDP ratio is now nearly 70% and growing, not including pension obligations, which raises the ratio to over 90%. With a per capita debt load of $19,000 and growing, Puerto Ricans shoulder almost 4 times the burden of U.S. leader Massachusetts which carries a deficit of $5,077 per citizen
Puerto Rico’s debt is 4 times larger than Massachusetts who Velez-Hagan acknowledges as the most indebted state per citizen with $19,000. The Washington Post also sounded alarm bells concerning Puerto Rico’s economic crises. In ‘Puerto Rico, with at least $70 billion in debt, confronts a rising economic misery’ Michael A. Fletcher describes what the commonwealth faces with cuts to pensions and government jobs and a rise in taxes all across the board including small and big businesses causing a migration of Puerto Ricans to major US cities:
The economy here has been in recession for nearly eight years, crimping tax revenue and pushing the jobless rate to nearly 15 percent. Meanwhile, the government is burdened by staggering debt, spawning comparisons to bankrupt Detroit and forcing lawmakers to severely slash pensions, cut government jobs and raise taxes in a furious effort to avert default.
The implications are serious for Americans outside Puerto Rico both because a taxpayer bailout would be expensive and a default would be far more disruptive than Detroit’s record bankruptcy filing in July. Officials in San Juan and Washington are adamant that a federal bailout is not on the table, but the situation is being closely monitored by the White House, which recently named an advisory team to help Puerto Rican officials navigate the crisis.
The island’s problems have ignited an exodus not seen here since the 1950s, when 500,000 people left for jobs on the mainland. Now Puerto Ricans, who are U.S. citizens, are again leaving in droves. They are choosing the uncertainty of the job market in Orlando or New York City or Philadelphia over what they view as the certainty that their dreams would be crushed by the U.S. territory’s grinding economic problems.
Bloomberg Businessweek also published an article with concerns affecting the “Muni-Bond Market” that can rattle Wall Street’s Mutual Fund companies. ‘Puerto Rico’s Borrowing Binge Could Rock the Muni-Bond Market’ stated the facts:
The island’s plight affects almost anyone with a mutual fund invested in the municipal-bond market. Exempt from local, state, and federal taxes in the U.S., Puerto Rican bonds are held by 77 percent of muni funds, according to research firm Morningstar (MORN). About 180 funds, including ones run by OppenheimerFunds, Franklin Templeton Investments (BEN), and Dreyfus (BK), have 5 percent of their assets or more in Puerto Rican bonds.
General-obligation bonds, or GOs, which account for about 15 percent of the commonwealth’s public debt, carry the lowest investment-grade rating from Moody’s Investors Service (MCO) and S&P. A downgrade could force many mutual funds to sell part of their Puerto Rican holdings, flooding the market. “Puerto Rico could represent a systemic issue for the municipal-bond market,” says Carlos Colón de Armas, an economist and former official of the Government Development Bank, which conducts the island’s capital-markets transactions. “We are now in a situation where the bonds are trading like junk. I think the ratings agencies have been careful not to lower the GOs further, to avoid creating havoc in the muni-bond market.”
The Obama administration is sending a team of economic advisors according to Bloomberg News last month “With a $70 billion debt load and a substantially underfunded government pension system, the island has fueled market speculation it may need a bailout from Washington.” The report also stated what was on the agenda:
Most of the group’s work will focus on improving Puerto Rico’s management of federal funds to ensure officials are getting the amounts they are entitled to and putting them to effective use, according to the officials. “There is less here than some people think,” said Jeffrey Farrow, who served as the Clinton White House’s liaison on Puerto Rican affairs. “This is pretty straightforward and an extension of what they have been doing in the past, but more intense, formalized and public.”
The first team of officials was scheduled to be from the Environmental Protection Agency and the Health, Education and Housing and Urban Development departments, officials said. Puerto Rico’s education, health and housing departments are among of the biggest recipients of federal funding and have also been responsible for past Puerto Rico budget shortfalls.
The EPA’s intervention may stem from concerns regarding the ability of the Puerto Rico Electric Power Authority to comply with new federal air quality regulations that take effect in 2015.
The Environmental Protection Agency (EPA) is one of the agencies participating under Washington’s request. Washington has required that the Puerto Rico government and the Puerto Rico Electric Power Authority (PREPA) comply with new federal air quality regulations by 2015. The online news source Caribbean Business reported back on July 11th, 2013 ‘PREPA falling behind on 2015 EPA Deadline’ that Puerto Rico is in a race to meet Washington’s air-quality standards by 2015:
A high-ranking regulatory official is concerned that the Puerto Rico Electric Power Authority (Prepa) isn’t moving fast enough to comply with strict federal air-quality standards taking effect in two years, as industry sources told CARIBBEAN BUSINESS that key decisions on the compliance process won’t be taken until next spring. Prepa plans to either close or convert most of its oil-firing units to natural gas to comply with the new air-quality standards, but it won’t select a liquefied natural gas (LNG) supplier and decide on a method to deliver the gas to north-coast plants until March 2014, according to industry sources. That means the final contracts would probably not be enacted and finalized until the fourth quarter of 2014, they added.
Meanwhile, Prepa has an agreement with Texas-based Excelerate Energy to construct an offshore LNG terminal to feed the massive Aguirre powerplant in Guayama. A formal application with the Federal Energy Regulatory Commission was filed in April and the project remains in the permitting phase. Excelerate officials have said they expect the facility to be in service in early 2015, but that outlook depends on getting timely federal approval on its environmental impact statement and several permits.
Puerto Rico’s plan to convert most of its oil-firing units to natural gas will have an impact on its economy. Puerto Rico Electric Power Authority (PREPA) does not have the economic capacity to invest in the construction of new plants that would supply natural gas. “While the cash-strapped public utility can’t afford to build its own plants, there is interest from large energy companies to construct new generation units through public-private partnerships (P3s)” the report stated. “That is especially the case because the move to natural gas isn’t just about compliance, but about bringing down power costs.” Caribbean Business said that Edgardo Fábregas, a former member of PREPA’s board confirmed that the public utility is considering a plan to construct a gas-fired plant “The former Prepa board member said the public utility was considering a longer-term plan to construct, through a P3 initiative, a massive natural gas-fired plant, probably on the site of Arecibo’s Cambalache plant, which is rarely used.” The report also said that Fábregas admitted to the costs associated with the project:
To do a project right, building a plant that could “flex up or down” rapidly and would have the capacity to power the entire north coast, would cost $7 billion, and take six years to build. The project would allow for the elimination of the Palo Seco and San Juan plants, Fábregas said. “We have to move to natural gas as soon as we can, but at the end of the day, you have to renew your system. I understand the cost and time implications involved, but if we don’t start, we will never finish,” he added.
According to Robert Bryce, a senior fellow with the Center for Energy Policy and the Environment at the Manhattan Institute for Policy Research, a conservative think tank based in New York City produced a report called ‘The High Cost of Renewable-Electricity Mandates’. He wrote about the effects of Washington’s new air-quality proposal:
Motivated by a desire to reduce carbon emissions, and in the absence of federal action to do so, 29 states (and the District of Columbia and Puerto Rico) have required utility companies to deliver specified minimum amounts of electricity from “renewable” sources, including wind and solar power. California recently adopted the most stringent of these so-called renewable portfolio standards (RPS), requiring 33 percent of its electricity to be renewable by 2020. Proponents of the RPS plans say that the mandated restrictions will reduce harmful emissions and spur job growth, by stimulating investment in green technologies.
But this patchwork of state rules—which now affects the electricity bills of about two-thirds of the U.S. population as well as countless businesses and industrial users—has sprung up in recent years without the benefit of the states fully calculating their costs. There is growing evidence that the costs may be too high—that the price tag for purchasing renewable energy, and for building new transmission lines to deliver it, may not only outweigh any environmental benefits but may also be detrimental to the economy, costing jobs rather than adding them. The mandates amount to a “back-end way to put a price on carbon,” says one former federal regulator. Put another way, the higher cost of electricity is essentially a de facto carbon-reduction tax, one that is putting a strain on a struggling economy and is falling most heavily, in the way that regressive taxes do, on the least well-off among residential users.
To be sure, the mandates aren’t the only reason that electricity costs are rising—increased regulation of coal-fired power plants is also a major factor—and it is difficult to isolate the cost of the renewable mandates without rigorous cost-benefit analysis by the states.
The new mandate is called Renewable Portfolio Standards (RPS) that automatically “require electricity providers to supply a specified minimum amount of power to their customers from sources that qualify as “renewable,” a category that includes wind, solar, biomass, and geothermal.” The report clarified what the results of the new energy plan would bring:
The federal Environmental Protection Agency (EPA) is similarly bullish on the state programs. The RPS rules are designed “to stimulate market and technology development,” the agency says, “so that, ultimately renewable energy will be economically competitive with conventional forms of electric power. States create RPS programs because of the energy, environmental, and economic benefits of renewable energy.”[4]
Although supporters of renewable energy claim that the RPS mandates will bring benefits, their contribution to the economy is problematic because they also impose costs that must be incorporated into the utility bills paid by homeowners, commercial businesses, and industrial users. And those costs are or will be substantial. Electricity generated from renewable sources generally costs more—often much more—than that produced by conventional fuels such as coal and natural gas. In addition, large-scale renewable energy projects often require the construction of many miles of high-voltage transmission lines. The cost of those lines must also be incorporated into the bills paid by consumers.
What Edgardo Fábregas forgets to mention is that Bryce’s analysis on the price of producing electricity through renewable energy sources can be astronomical. It is an amazing prediction given by the EPA under the Obama administration’s directives. It is important to note that the major players in the RPS programs are connected to Wall Street and major banks that includes Goldman Sachs who is one of President Obama’s major campaign contributors. Author and journalist Matt Taibbi wrote an article on the history of Goldman Sachs and the US government’s relationship for Rolling Stone magazine called ‘The Great American Bubble Machine’. Taibbi explains how Goldman Sachs would benefit from Washington’s air-quality mandates:
The new carbon credit market is a virtual repeat of the commodities-market casino that’s been kind to Goldman, except it has one delicious new wrinkle: If the plan goes forward as expected, the rise in prices will be government-mandated. Goldman won’t even have to rig the game. It will be rigged in advance.
Here’s how it works: If the bill passes, there will be limits for coal plants, utilities, natural-gas distributors and numerous other industries on the amount of carbon emissions (a.k.a. greenhouse gases) they can produce per year. If the companies go over their allotment, they will be able to buy “allocations” or credits from other companies that have managed to produce fewer emissions. President Obama conservatively estimates that about $646 billion worth of carbon credits will be auctioned in the first seven years; one of his top economic aides speculates that the real number might be twice or even three times that amount.
The feature of this plan that has special appeal to speculators is that the “cap” on carbon will be continually lowered by the government, which means that carbon credits will become more and more scarce with each passing year. Which means that this is a brand new commodities market where the main commodity to be traded is guaranteed to rise in price over time. The volume of this new market will be upwards of a trillion dollars annually; for comparison’s sake, the annual combined revenues of all electricity suppliers in the U.S. total $320 billion.
One other important factor to consider regarding Puerto Rico’s energy demands in the future is the supply of natural gas. Puerto Rico is hoping to secure a steady supply of natural gas from the United States for the next 100 years. “A key part of the plan is to secure a long-term LNG contract with the U.S., which has the most economical prices in the world, the result of a boon in U.S. natural gas exploration, which has unearthed a supply that experts say will last a century” according to the Caribbean Business report. In the 2012 State of the Union Address, US President Barack Obama said “We have a supply of natural gas that can last America nearly 100 years, and my administration will take every possible action to safely develop this energy.” F. William Endahl, a research associate at Global Research wrote a ground breaking report, ‘The Fracked-up USA Shale Gas Bubble’ wrote that the 100 year supply of natural gas is in fact an inaccurate prediction:
In a sobering report, Arthur Berman, a veteran petroleum geologist specialized in well assessment, using existing well extraction data for major shale gas regions in the US since the boom started, reached sobering conclusions. His findings point to a new Ponzi scheme which well might play out in a colossal gas bust over the next months or at best, the next two or three years. Shale gas is anything but the “energy revolution” that will give US consumers or the world gas for 100 years as President Obama was told.
Berman wrote already in 2011, “Facts indicate that most wells are not commercial at current gas prices and require prices at least in the range of $8.00 to $9.00/mcf to break even on full-cycle prices, and $5.00 to $6.00/mcf on point-forward prices. Our price forecasts ($4.00-4.55/mcf average through 2012) are below $8.00/mcf for the next 18 months. It is, therefore, possible that some producers will be unable to maintain present drilling levels from cash flow, joint ventures, asset sales and stock offerings.” [16]
Berman continued, “Decline rates indicate that a decrease in drilling by any of the major producers in the shale gas plays would reveal the insecurity of supply. This is especially true in the case of the Haynesville Shale play where initial rates are about three times higher than in the Barnett or Fayetteville. Already, rig rates are dropping in the Haynesville as operators shift emphasis to more liquid-prone objectives that have even lower gas rates. This might create doubt about the paradigm of cheap and abundant shale gas supply and have a cascading effect on confidence and capital availability.” [17]
What Berman and others have also concluded is that the gas industry key players and their Wall Street bankers backing the shale boom have grossly inflated the volumes of recoverable shale gas reserves and hence its expected supply duration. He notes, “Reserves and economics depend on estimated ultimate recoveries (EUR) based on hyperbolic, or increasingly flattening, decline profiles that predict decades of commercial production. With only a few years of production history in most of these plays, this model has not been shown to be correct, and may be overly optimistic….Our analysis of shale gas well decline trends indicates that the Estimated Ultimate Recovery per well is approximately one-half the values commonly presented by operators.” [18] In brief, the gas producers have built the illusion that their unconventional and increasingly costly shale gas will last for decades.
However, Caribbean Business says that “Prepa has invited several suppliers to bid on a project to supply the north-coast plants with natural gas. It is spelling out its gas needs at its Palo Seco and San Juan plants, letting the energy companies decide the best way to supply the natural gas” and that “Prepa has made some progress on its natural gas conversion plan, which energy experts say is the only way to bring down the high cost of electricity.” Allowing energy companies decide how to supply gas would add to the price in the long run. Russia Today recently reported that “fracking technology” is causing major environmental problems within the United States. Since 2008, the state of Texas has been experiencing more earthquakes than ever before:
Between 1970 and 2007, the area around the Texas town of Azle (pop. 10,000) experienced just two earthquakes. The peace and quiet began to change, however, at the start of 2008, when 74 minor quakes were reported in the region. Now an increasing number of people, including scientists, are speculating that natural gas production by fracking – a process that forces high pressure water and chemicals into rock in order to extract natural gas reserves – is the culprit. The problem, however, is proving the claims.
Cliff Frolich, earthquake researcher at the University of Texas, said waste water injection wells from fracking could be responsible for the recent spate of earthquake activity. “I’d say it certainly looks very possible that the earthquakes are related to injection wells,” he said in an interview with KHOU television.
Frolich left room for doubt when he said thousands of such wells have operated in Texas for decades with no quakes anywhere near them. Frolich co-authored a 2009 study on earthquake activity near Cleburne, just south of Azle, which concluded: “The possibility exists that earthquakes may be related to fluid injection.” A recent government study lent credence to Frolich’s findings.
There have been Anti-fracking protests around the world. Fracking or “hydraulic fracturing” is a water-intensive process where millions of
gallons of water, sand, and chemicals combined are injected underground with intensive pressure to fracture rocks that surround an oil or gas well. This process then releases extra oil and gas from the rock which flows into the well. “Fracking Technology” is proving to be environmentally dangerous for the health and safety of communities located in close proximity to these well sites. It causes many problems for the air we breathe and long-term environmental damage. For example, water can become contaminated from the toxins fracking has caused. It is an environmental hazard.
EPA rules and regulations also have the potential to impose a “carbon tax option” for states according to The Hill, A Washington D.C. based daily newspaper reported last month that Brookings Institution economist Adele Morris said that a carbon excise tax can be imposed on states:
Morris, a carbon tax supporter, argues that a carbon excise tax could be part of the “menu of specific approaches” that the agency gives states that will craft plans to meet the federal guidelines. Morris suggests that the EPA could “allow states to adopt a specific state-level excise tax or fee on the carbon content of fuels combusted by the power plants regulated under this rule.”
In other words, an excise tax associated with renewable energy supplies can be added only leading to higher energy costs for households, businesses and major industries. It would also allow Puerto Rico to contribute to the environmental degradation because of its future demands of natural gas which has no guarantee of supplies for the next 100 years. It is a recipe for disaster for both the economy and the environment.
Will new EPA rules bankrupt farmers?
It is estimated that Puerto Rico imports at least 85% of the food supply from the United States according to the Latin American Herald Tribune. ‘Puerto Rico Imports 85 Percent of Its Food’ stated that “Puerto Rico imports 85 percent of the food its residents consume due to the lack of competitiveness among companies in this U.S. commonwealth, Agriculture Secretary Javier Rivera told Efe.” Agriculture Secretary Rivera admits that the majority of food is imported from the United States even though Puerto Rico has the capability to produce its own food, but cannot compete with US food suppliers. Rivera continued “Although we have the technical capacity, we’re not able to produce competitively” Why? “The secretary attributed the drop in production to the high operating costs of growing food on the island, which are, in turn, a result of high labor costs, as well as rising energy and fertilizer prices. Rivera acknowledged that therefore many farmers – of which there are fewer than 2,000 on the island, according to recent statistics – have come to depend on government subsidies to stay in business.” With new EPA regulations, remaining farmers will bear higher-energy costs because of the EPA’s new federal air quality regulations that will start in 2015. Agriculture on the island would be affected and farmers would be economically bankrupt when energy prices begin to rise.
From the 1929 Great Depression to the Recession of 2014
Looking back to the 1930’s, Puerto Rico was in economic despair due to the effects of the Great Depression. In 1940, the Popular Democratic Party (PPD) under the leadership of Washington’s puppet governor Luis Munoz Marin came to power with 37.9% of the vote compared to 39.2% of the Republican-Socialist coalition. The PPD also won the 1944 elections with 64.8% of the vote. The PPD was determined to transform Puerto Rico’s economy from an Agricultural farm-based to an export-driven modern industrial economy.
The US and Puerto Rico governments wanted to fast track the urbanization in many areas from a rural society to a modern, industrial urban center that would resemble New York City’s economy. For a short period of time, the project did increase living wages, improved housing conditions, health care and education. It also led to equitable land reforms,. At the same time the plan increased unemployment rates because many Puerto Ricans were unqualified for the types of jobs the new Industrial economy provided. It increased the migration levels to the United States, namely New York, New Jersey and Pennsylvania.
Puerto Rico became more dependent on U.S. markets and created more public and private debts. The most important aspect of US economic and political control of Puerto Rico was the cultural transformation of the population. It became what sociologist call “Americanization”. They were subjected to American culture, media, laws, and even its foods under Washington’s economic and social plan. In ‘Economic History of Puerto Rico: Institutional Change and Capitalist Development’ by James L. Dietz, professor of economics and Latin American studies at California State University wrote:
Industrialization and the accompanying decline of agriculture after the late 1940s did nothing to expand and make permanent the relative autonomy of the early 1940s. Instead, the PPD program had just the opposite result: it laid the foundation for increased dominance by U.S. capital from the 1950s to the present. The PPD’s goal of eventual political independence, after the attainment of social justice and a solution to the island’s economic problems, faded further into the future and eventually disappeared altogether. It may be that Munoz and the PPD never really were committed to independence, as many have suggested, but it is more likely that, as the PPD’s redirection of the economy under Munoz’s leadership tied its destiny ever closer to that of the United States, what they had became what they wanted as what they had wanted slipped further and further from their grasp
In ‘How an Economy Grows and why it Crashes’ author and economist Peter Schiff stated that “The evidence supporting these claims is largely emotional. What is far more certain is that the government’s monopoly control of public projects and services almost always leads to inefficiency, corruption, graft, and decay.” Puerto Rico’s economy was under US control then as it is now. Dietz says that “From 1941 to 1949, the government followed a program of land reform, control over and development of infrastructure and institutions, administrative organization, and limited industrialization through factories owned and operated by the government.” Comparing to what Peter Schiff said the Puerto Rican government’s control of certain economic sectors led to numerous “inefficiencies” and “Decay.” The bleak economic growth of Puerto Rico did not improve through a program called ‘Operacion Manos a la Obra’ or ‘Operation Bootstrap’ in English. It was known as “Industrialization by Invitation” to attract foreign investment. It failed in the long-run. Dietz further wrote:
“Yet Operation Bootstrap made it difficult for Puerto Ricans to improve their standard of living through their own efforts, since it put control over that process in the hands of U.S. firms, whose interests did not necessarily coincide with those of the majority on the island. It is likely that no one consciously intended such results from a development program that seemed so promising, but Puerto Rico’s colonial relation with the United States prevented, or at a minimum made more difficult, a more independent existence for the economy and society”
Puerto Rico’s dependence on the US mainland became evident as the years went by, but right from the beginning of World War II, Puerto Rico’s economy suffered. “The war shut Puerto Rico off from its primary export market and source of imported goods, and meanwhile, there were no war industries to absorb surplus labor; consequently, unemployment increased” according to Dietz. Today, Puerto Rico is suffering from a recession that started in 2006. In another report by Caribbean Business ‘PR reverses growth forecast, now predicts another year of recession’ and stated the dire predictions by the government of Puerto Rico, “The Puerto Rico government has dropped expectations for economic growth this fiscal year as the island struggles to pull out of a marathon downturn dating back to 2006. The Planning Board said Friday it is now projecting that the economy will shrink by 0.8 percent in fiscal 2014, dropping its previous forecast for razor-thin growth of 0.2 percent.” Puerto Rico’s economy will continue to decline as the US economy continues with its own economic problems. It will become more difficult as time progresses for Puerto Rico.
The Collapsing US Dollar and the Fall of Rome
The US Dollar as a the world’s reserve currency is in its last stages because the US owes trillions of dollars in household, corporate and financial debt and future underfunded welfare liabilities. The demand for U.S. dollars kept prices and interest rates low. It allowed the U.S. government to acquire the economic power it needed to dominate the world economically. It allowed the Federal Reserve Bank to print dollars unconditionally. Although the US dollar is still dominate with more the 50% of foreign currency reserves in the world, a gradual transition for other currencies is coming in the near future. The dollar will eventually lose its value. Interest rates on every loan and credit card will rise.
This is a recipe for disaster, because if a country such as Puerto Rico cannot produce its own food and is dependent on a foreign source that is the most indebted nation in world history with more than $17 trillion dollars in debt which continues to increase each passing day is a serious problem for Puerto Rico’s future. Tyler Durden of zerohedge.com provided a chart in 2012 to show the fiscal danger the United States faces in the near future. Durden explains:
We present the following chart showing total US Federal debt/GDP as well as Deficit/(Surplus)/GDP since inception, or in this case as close as feasible, or 1792, which appears to be the first recorded year of historical fiscal data. We can see why readers have been so eager to see the “real big picture” – the chart is nothing short of stunning.
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Under great pressure from those who have filed civil suits, the National Security Archive has posted several documents relating to the overthrow of Iranian Prime Minister Mohammad Mossadegh in 1953. For those of you who need a quick history refresher, Mossadegh was Iran's legitimately elected leader who just happened to have populist/socialist leanings, and, as such, threatened U.S. business interests in the region--specifically the oil industry. Mossadegh was beloved by the Iranian people, but he was deemed unsuitable by the CIA (Corporations Invisible Army) and was thus overthrown. An iron-fisted totalitarian was installed; perhaps you'll remember him: the Shah of Iran. Despised by the people for his political oppression and his overt corruption, the Shah did a profitable business with U.S. oil companies for a quarter century. When the Iranian people finally took action in the late '70s, the Shah was deposed and American embassy workers were taken hostage. The hostage crisis lasted 15 months, toppled the Carter administration and ushered in the era of Reagan. But the genesis of the crisis can be fully blamed on the U.S. itself, namely the CIA and its corporate allies, for intervening in a sovereign nation's right to determine its own destiny.
This was standard operating procedure for the CIA, which overthrew socialist and communist leaders across the globe from the 1940s on. Among their other clandestine tricks were the rescue and repatriation of Nazi war criminals after World War II and the subversion of the free press in America. Operations we are learning more about each day.
The work of incorporating Nazis into our intelligence apparatus, space programs, medical research, and weapons technology was called Operation Sunrise or Operation Paperclip. Among the well-known "Paperclip Nazis" were:
Wernher von Braun, Nazi V-2 rocket scientist who worked on guided missiles and manned rocket programs for the U.S. He was named Director of NASA's Space Flight Center, and, despite his questionable past, became somewhat of a celebrity in the 1960s. At no time was he forced to publicly renounce his Nazi ideology or made to pay for his war crimes. (He used slave labor camps to build his rockets in Nazi Germany. Thousands died of starvation and brutality in these camps.) A CIA-sponsored feature film, called I Aim For The Stars, was even made which honored his courage and audacity.
Kurt Blome, Nazi chemist who performed cruel experiments on death camp prisoners. He was hired by the U.S. Army to develop chemical warfare weapons.
Reinhard Gehlen, Hitler's top intelligence officer. He got a job spying on the Soviets for the CIA. In fact, he cut a deal with the CIA (OSS) to hire practically his entire Third Reich intelligence network. Much of the information he provided his superiors in U.S. intelligence greatly exaggerated Soviet military capabilities. Gehlen lied to make himself seem more important and useful to the CIA, and this led directly to the escalation of the Cold War and U.S. military buildup in the 1950s and beyond.
Heinrich Rupp, another Nazi war criminal who went to work for the CIA after World War II. In 1980 he accompanied George H.W. Bush, Vice Presidential candidate at the time, to cut a deal with Iran to delay the release of American hostages until after the election of the Reagan/Bush ticket in America in November 1980. The hostages were released on January 20, 1981, just minutes after Reagan and Bush were sworn into office. In return, Rupp promised release of Iran's frozen assets, laying the groundwork for the Iran-Contra deal. So Rupp, the Paperclip Nazi, helped steal an election, control U.S. foreign policy, and helped precipitate one of the worst scandals of the 1980s.
Arthur Rudolph, Operations Director at Mittelwerk factory at the Dora/Nordhausen concentration camps where thousands were worked to death.
Evil as it was, Operation Paperclip was surpassed, some say, by Operation Mockingbird. Mockingbird was a well-organized, systematic destruction of the free press in America in the second half of the 20th century. Why destroy the free press? Because a free and independent press was the CIA's worst enemy. Unfettered investigative journalism would have (or at least should have) uncovered the CIA's dirty secrets and criminal operations. The CIA needed to operate in secrecy, without threat of being detected, in order to get away with murder, coup d'états, drug running, sabotage of democracies, and covert fascist policies.
As outlined by reporter Carl Bernstein in a Rolling Stone article in 1977, the CIA co-opted, bribed, threatened, recruited and partnered with media assets at TV networks, newspapers, publishers and radio outlets across the nation. Frank Wisner, who ran Mockingbird for the CIA in the 1950s, once famously bragged, the program was like his own mighty Wurlitzer, "...I can play any tune I want on it, and America will follow along." William Colby, CIA Director under Nixon, added, "The CIA owns everyone of any significance in the major media." This meant that it was a simple matter for the agency to print and broadcast propaganda, cover up misdeeds, plant false stories, and smear CIA opponents at will. I believe this is what prevented an honest journalistic investigation of the JFK assassination.
http://www.amazon.com/gp/product/ASIN/098882907X
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MAY THE ODDS EVER BE IN YOUR FAVOR – HOPE & DEFIANCE
In the 1st installment of this article – May the Odds Ever Be in Your Favor – The Reaping, I addressed how wealth inequality created by men rigging the system and utilizing media propaganda ultimately leads to rebellion. In Part … Continue reading →
MAY THE ODDS EVER BE IN YOUR FAVOR – HOPE & DEFIANCE was originally published on Washington's Blog
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The story I uncovered was more complicated than the story that went viral. The reasons Vojtko’s life ended in misery had much less to do with her status as an adjunct professor than tweeters... might believe.To be fair to the university, though, better benefits and job security would not have altered many of the personal factors that precipitated Vojtko’s crisis. Her hoarding and her deep-seated stubbornness—not her finances—were behind her refusal to get her furnace fixed, or to move to a facility better suited to her medical condition.
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From the Summer of Love to the Arab Spring
— Plotinus
On May 27, 2010 the planet Uranus entered Aries and in December of that same year, in Tunisia, Tarek Bouazizi self-immolated himself after his electronic scale and the fruit he had bought on credit were confiscated from him by a corrupt policewoman. That spark sent flames throughout the Middle East, toppling regimes from Libya to Yemen. Uranus would make its definitive entry into Aries on the fateful day of March 11, 2011, coinciding almost to the hour with the earthquake and ensuing disaster at Fukushima. Aries is the first sign of the zodiac and the most self driven while Uranus is the planet that represents revolution, innovation and change- together they make a radical, ego driven cocktail.
Uranus reflects many of the traits of the time it was discovered, 1781, when the American Revolution was in full bloom and the French variant was ready to boil over. The last time the restless Uranus had passed through the cardinal sign of Aries was between 1927 and 1935, a time when two of the most revolutionary (Uranus), and megalomaniacal (Aries) leaders in history consolidated power. Uranus will not definitively leave Aries until March 6, 2019, by which time the world will have undergone profound changes. We cannot say with certainty whether another calamitous dictator will appear on the world stage, but, at least in the West, we are devoid of inspired political, cultural and spiritual leadership and someone with exceptional qualities could become the focal point of a world thirsty for meaning and direction.
On one level, astrology is understanding cycles and knowing how to distinguish relevant themes from the noise. Astrologically speaking, the synodic cycle between Uranus and Pluto lasts approximately 128 years, which means that it takes that much time for the two planets to circle each other once. Since Uranus (84 year orbit around the sun) moves much faster than Pluto (245 year orbit around the sun) the synodic cycle describes how long it takes Uranus to ‘lap’ Pluto in their ‘race’ around our star. Astrologers measure these events from the moment the two planets are exactly together (conjunct) and pay special attention to when the two planets are at hard angles: opposed to each other (180 degrees) and square (45 degrees). The story begins with the conjunction and slowly unfolds at the first square, reaches a climax at the opposition, and resolves itself at the second square before coming full circle and beginning again.
The Pluto/Uranus Cycle
This current synodic cycle between Pluto and Uranus began when the two planets met between 1962 and 1968 in the sign of Virgo. A conjunction in astrology refers to a more congenial blend of the planetary forces, but in the case of these two transpersonal superpowers, even when cooperating, their force can seem overwhelming. Uranus is the symbol of revolt, change and technical innovation while Pluto is the lord of death and debt- the cosmic enforcer and the ultimate symbol of power.
When these two met in the 1960’s all hell broke loose. Pluto waged war in Vietnam and set off the Cultural Revolution in China while Uranus instigated the sexual revolution, the Civil Rights Movement, the May of 1968 unrest in France, the Prague Spring, and the space age. Some would say the dark Plutonian forces won out when the Prague Spring was crushed, the Kennedys and Martin Luther King were assassinated just as the Uranian energy was devolving into Mansonian madness. The Apollo Program was one of the few areas where the Uranian revolutionary technology meshed well with Plutonian brute force. But each planet also reached into the sphere of the other, the helicopter in Vietnam had a very Uranian flavor to it while the gods of Rock & Roll certainly had a Plutonian, underworld feel to them.
The key to unraveling where we are now is to uncover the seeds sown in the 1960’s and discover what fruits they have borne so far and how these forces will continue to interact, albeit in a more antagonistic and adversarial way as we pass through a long series of squares. Pluto is now in Capricorn, the sign of governments, armies, corporations, bureaucracy and culture. Pluto is certainly at home wielding all this power and the Plutonian compulsion to vaporize all that is weak, superfluous and temporary is implacable. Just as Pluto entered Capricorn for the first time in January of 2008 the financial crisis began, and by his second entry into Capricorn in November of 2008 the world financial system was teetering on the edge of disaster.
As Pluto was shaking out the fraudulent bankers like a mafia Don knocking off underlings who had their hands stuck in the cookie jar, Uranus in Aries was creating a quirky brand of revolutionaries such as Julian Assange, Chelsea Manning and Eric Snowden. The police state that emerged out of 9/11 has a very strong Plutonian flavor which is being opposed by this eccentric band of techno-freedom fighters very much in the Uranian mold.
On November 1, 2013 we reached the apex, or fourth of the seven direct squares between Pluto and Uranus, where the two planets will be at an exact 45 degree angles to each other. Four was the number of endings, of life without spirit for the ancients, and dividing the 360 degree zodiac into four gives us the most malignant of aspects, the 90 degree square. On the other hand, the zodiacal circle divided by the benefic number three gives us the most harmonious aspect of 120 degrees, or a trine.
Adding emphasis to the importance of this moment, we had a total solar eclipse on November 3, 2013 in the very Plutonian sign of Scorpio which could portend a resolution much like the one we had in the 1960’s. The cosmic call to attention will become even more intense in December with the ominous entrance of the comet ISON, which could potentially put on a brilliant show across the winter nights. The last exact square of Pluto and Uranus will be in March of 2015, at which point the two planets will move apart and the cycle will look for new themes when the planets reach opposition in 2043.
What will be the outcome of this great battle? One place to look is the last time Pluto was in Capricorn, over two hundred and thirty-years ago during the American Revolution. At that time the strong hands were the colonists who overcame the weight of the of Capricornian British Empire, but they had someone on their side, which was Jupiter. Jupiter is Zeus, the great benefic, giver of good fortune, opposing Pluto in Capricorn. Jupiter was in Cancer during the American Revolution. Cancer is a very feminine, lunar sign representing the individual, the home, roots and directly opposes the authority and bureaucracy of Capricorn.
The United States has come full circle and once again, as in 1776, we have Jupiter in Cancer, and Pluto in Capricorn, only this time, instead of the enemy being the British Empire, the enemy is the US Government itself, with its NSA, CIA, Federal Reserve, and military sprawled across the world reeking havoc and chaos on the entire planet. But it seems clear, especially after the failed attempt to attack Syria, that US power is on the wane and some major event will drive home the need for a change of the global guard.
The plan to attack Syria had a definite Plutonian flavor, not only through the gruesome massacres and filmed barbaric acts, but with the way many governments of the world quickly closed ranks to carry out the attack on Assad. Only the Uranian rebelliousness of the British Parliament and the American voters stopped them short. But as the sixties showed, Pluto can never be stopped, only momentarily diverted. What started in Libya as Uranian restlessness wound up in a horrific, filmed and very Plutonian fratricide. How will Pluto counterattack in Syria? We should remember that Pluto was discovered in 1930; the historic background of the Depression and the rise of fascism should give us pause when considering the essence of Pluto’s meaning.
This tension will come to a head on April 20, 2014, when Jupiter in Cancer goes head to head in opposition (180 degrees) with Pluto in Capricorn, with both planets square (45 degrees) Uranus in Aires. Astrologers refer to this aspect as a T-Square, and it is considered the most tense and conflictive aspect that three planets can form. The Plutonian force is the NSA scooping up every email and phone conversation in the world; Pluto has no limits, and as he works his way through Capricorn, the sign of time and culture, he is shredding all the false claims of security and patriotism. He is the Egyptian military storming its way back into power, he is the Saudis doing all that is necessary to oust the Assad regime in Syria. Pluto doesn't do body counts. It was Pluto who wiped Osama bin Laden off the face of the earth without trace.
Uranus is the Middle Eastern youth tired of oppression and corruption, facing down the old regime, he's the Occupy Movement and the mad rush for technology. He’s Eric Snowden escaping to Moscow with thousands of Plutonian files. Uranus is the upsurgent alternative media that refuses to believe the Plutonian mainstream propaganda. Something has to give, and that is the beauty of three.
Esoterically, the unity of ones falls into the duality of two, which becomes the resolution of three. Jupiter, the philosophical benefic, friend of man, is in Cancer where he is exalted. Exaltation in astrology means the sign where a planet reaches its higher resonance. The beauty and love of Venus becomes the love of God in Pisces. The violence of Mars becomes a standing army in Capricorn, and Jupiter’s genius, philosophy and pride serve man in Cancer. Maybe we saw Jupiter's hand in the diffusing of the American attack on Syria, though one shouldn't count Pluto out on that score; he’ll be back to try to complete his agenda. Jupiter is Zeus, the ruler of the Olympians, including Pluto, and through his higher thinking there still might be a way out.
The easy answer is to call for the much lauded happy medium- a little Uranian eccentric individualism, a smattering of Plutonian force behind Capricornian order, and of course the Jupiterian law and philosophy aiding the man in his Cancerian home. But a battle of this magnitude will not end in a smoke filled room but rather a bloody, smoked covered battlefield. The stakes have become too high. The Capricornian financial system has created a Plutocracy never before witnessed and this regime will either conquer all or be conquered, there is no negotiating with Pluto; it will be winner take all.
The concentration of power that we are witnessing in the world, financially, culturally and militarily, in many ways is a direct result of the Uranian technological advances of the 20th century. We can see the Uranus/Pluto relationship perfectly in the Internet. On one hand it’s anarchistic and liberating, but by the same token it allows the Plutonian Big Brother a clear view directly into almost every moment of our lives.
For the United States nothing captured the Uranus/Pluto conjunction of the Summer of Love better than the Uranian liberation of Haight-Ashbury and the Plutonian violence of the Vietnam War. The Uranian desire for change and innovation led spiritual seekers of the sixties to turn their acid trips into PC’s and the Internet, while the humbled military industrial complex bounced back, putting soldiers in over eighty countries and killing people by remote control. Both of these forces have made enormous strides in the dehumanization of man, from Chinese factories to Wall Street speculators, even to the point where West Coast, Uranian hipsters are playing footsie with the NSA by giving them access to literally all of humanities digital communications. The answer to this truly Cardinal T-Square is Jupiter, Lord of Olympus, wielding his thunderbolts from the very personal and human sign of Cancer.
Astrology is very much like Schrodinger's cat in that until we open the door, we don’t know whether the poor feline is alive or dead. The same goes with this T-Square. Only by actively seeking an answer in the cardinal sign of Cancer, temporary home to Jupiter, will the options begin to emerge. The consciousness we bring to it will create not only the solutions but the synchronicities that confirm them.
The meaning we give, and the connection we make between our lives and the earth's life will finally confirm the reality we help create by unmistakable signs in the heavens and on earth. We treat dogs differently then we do rocks and we approach a plant more subtly than we do a hill of sand. What astrology is begging us to remember is that not only are we alive, but so is the earth, our solar system, our galaxy and our universe. When we finally see ourselves as living beings, fractals of what is above, reflections of what is below, only then will we find our way.
Cancer represents the most basic feminine principle of form and being. By denying that our very home and common mother breaths the same life we do has allowed us to drift so far on this misguided, patriarchal adventure. The wisdom of Jupiter illuminating the primeval feminine Cancer might awaken us again to this long forgotten truth.
As we feel more and more squeezed between the financial, militaristic, and corporate Plutocracy on one hand, and the gadgetized, ever evolving, egocentric and meaningless technological void of Uranus on the other, Jupiter in Cancer may well help us re-encounter our common soul, Anima Mundi.
One analogy used by Graham Hancock is that of televisions. Are we all creating and watching our own programming, or are we receiving a cosmic signal and each decoding it in our own manner? If we reject the unique separation model, than our true selves lie in the signal, not the dumb terminal of the mind. Awakening to our unified soul against a materialistically dogmatic backdrop is the great challenge of our time. What type of cosmic event could change our focus, moving us away from the mundane to the cosmic?
With the Sun in Scorpio, on November 1st we had the fourth exact square between Uranus and Pluto and on November 3rd a total solar eclipse. What other events could await us as we reach the peak of activity for the current Solar cycle? It wouldn't be surprising if in the final weeks of Scorpio we were given one more synchronicity, one more reminder that our souls lie beyond our heads, the circus that captivates us and the money we so desperately seek. One more powerful synchronicity might reawaken the awareness of our common soul and liberate us from the prison of false isolation. One potent sign born out of the cosmic duality that moves our attention upward and beyond the mundane with such a powerful force that few could doubt its significance.
Robert Bonomo is a blogger, novelist and esotericist. Download his latest novel, Your Love Incomplete, for free here.
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Feds Finger Probe Vagina & Anus Of Innocent Woman (Video)
New Mexico authorities are out of control as now a third victim has come forward and is now suing with the claim that federal agents illegally probed her vagina and anus with their fingers with no warrant or consent.
This is sexual abuse and a violation from the very people that are supposed to protect us.
Via InfoWars:
“A dog alerted to the woman, and Schaur Ives said federal agents stripped searched her at the facility, asked her to undress, to spread her genitalia and to cough. Female agents also allegedly pressed their fingers into her vagina looking for drugs,” reports KOB 4.
Read about the other two cases pending at InfoWars.
No drugs were found and police did not obtain a warrant for the intrusive search, according to the ACLU. Medical records show that the woman did not consent to the strip search or having her private parts sexually molested.
These cases are unacceptable and while the NM authorities say they do not tolerate corruption and abuse and will comply with a full investigation, the fact that this is a third victim stepping forward shows it is more than an isolated incident and if more a representation of a systematic problem that goes beyond one or two bad apples.
This is a police state mentality where laws and protections guaranteed under the constitution are being trampled on and it is happening more and more often.
Cross posted at Before it's News
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JFK Conspiracy Fact #17: Mary Meyer and JFK, Martyred Peace Activists
I stumbled upon a fantastic review of this book, and I share it with you here. Written by an Australian named Greg Maybury, it presents a perspective that is representative of foreigners' certainty that is lacking in the American media. The rest of the world knows what our Mockingbird media refuse to acknowledge. Here is what Maybury wrote:
“The great 19th Century American author, historian, poet, philosopher, naturalist, prototype environmentalist and anarchist Henry David (HD) Thoreau, once opined the following: 'Some circumstantial evidence does exist, as when you find a trout in the milk.' In few areas of the Grand Narrative of his native country does this aphorism come into its own than with The JFK Thing, especially so when it comes to the discussion of who actually murdered him and why. (Spoiler Alert: It was not Lee Harvey Oswald on his Pat Malone, not by a long shot - or three - from the Grassy Knoll or an even longer one -or two - from the Texas School Book Depository Building).
"And it is with this in mind - this being the 50th anniversary of that monumentally pivotal historical event on November 22, 1963 in Dallas, TX - that one should approach reading Peter Janney's thoroughly engrossing story of the life and death of Mary (Pinchot) Meyer. After reading this book, it's clear Meyer is the sort of person one hopes America still produces in enough numbers because it is then and only then that we can truly hope the 'empire' will be able to save itself from itself. Yet by the same token, given where America is at present, it's equally clear they haven't been doing so.
"At the risk of resorting to lazy, glib cliché, this is one time where it might be OK to say that ‘if you only read one JFK book this November’... readers, you all know the
rest. On its own, it's a multi-genre read - combining crime, legal, political, spy thriller, history, murder, tragedy, mystery, conspiracy and love story/human interest - and in ways that fiction can never invent. Easily one of the most fascinating of the JFK related books I've ever read, and I've read quite a few as part of our research on a planned documentary on POTUS 35. That it fills in several gaps in our understanding of the man they called JFK and his truncated tenure as commander in chief is a not to be sniffed at bonus.
"It also is easily a story about one of the most fascinating and - in extraordinarily intriguing and unexpected ways - influential, women of her age. Yet in the hallowed hallways of historical academia let alone in the minds of those with more than a passing interest in American history, she is hardly a 'household' name. Even most of the JFK 'tragics' appear to have overlooked her role somewhat. Peter Janney's recently published and up to the minute book - presumably re-published and re-released to coincide with the imminent Anniversary of 11/22 - hopefully may change that.
"By all accounts Meyer was an extraordinarily intelligent, artistic and creative person. Indeed, she later became an established, exhibited artist. And along with being a professional and respected journalist, also a compulsive diarist, a 'compulsion' that, along with her refusal to be cowed or intimidated, may have contributed to her untimely demise.
"All round, she was a unique individual, not to mention a unique beauty. Hey, it was JFK after all - few had a keener eye for a 'plum looker', or to use the popular lingo of the era, a classy dame. Indeed, JFK had the ‘hots’ for Meyer for over two decades prior to their respective deaths, and it's a measure of this woman's class, substance and style that she resisted the Kennedy come-on for so long. Few women did, as history now tells us.
"But more than that, Janney presents solid evidence that Meyer was one of JFK’s most trusted policy advisors and political confidantes in those crucial, last years of his life, maybe even equalling that of his brother Robert (RFK), who himself by all accounts was also an ardent admirer of this intriguing woman. For her part Meyer had very definite ideas on America's role in the geopolitical firmament at the height of the Cold War. She clearly had an influence on his thinking about nuclear disarmament amongst other Big Issues of the time; she was a free spirit and prototype peace activist if one likes, who makes John Lennon look like a Johnny come lately in the Make Love, Not War stakes.
"This influence likely revealed itself publicly in Kennedy’s seminal June 1963 American University address, where he openly canvassed the very real prospect of a lasting rapprochement with the Soviet Union, not just with a view to heading off any further escalation of this destructive and totally avoidable conflict, but to nip it in the bud altogether. It is widely acknowledged that this speech (the first ever by an American president publicly broadcast in the SU since the advent of the Cold War) caused considerable alarm amongst the architects of the US national security state; in the words on one writer, they viewed JFK as nothing more than a heretic. And we all know what happened a scant few months later.
"Like her husband Cord Meyer (later to become one of the CIA’s most effective ‘assets’ and architect of their Grand Propaganda Strategy), Mary actively advocated for a world government in the post-War years. In fact in 1947, Cord Meyer was elected president of the United World Federalists, an organisation pushing for world government in the wake of the establishment of the United Nations. For her part, Mary – a fully-fledged and qualified journalist - wrote for its official organ, The United World Federalists.
"She was by all accounts JFK's true soul mate - personal and political. Utterly devastated by his death, and, not without some justification, she even suspected her former husband – one of its charter members - played a role in, or had some prior knowledge of, the Big Hit.
"Even without her connection to JFK, her story is compelling enough on its own. But in the context of the JFK hit - and her own murder less than 12 months later - the yarn is irresistible, one that is still unfolding as we speak, and is likely to do so in the weeks and months ahead. This woman might have changed the course of history in more ways than I can list here or possibly even imagine later, but it was not to be. She's also a genuine, true American hero – of the type we rarely see anymore - albeit one whose been sadly unsung for the most part until now.
"The Meyer story is truly a key missing link in the JFK story, and one that should put to bed once and for all any lingering doubts about the lone-nut, single bullet theory, although that does not appear to be the main premise of this book.
"(It should be noted on this point, anyone still holding to this view may be the real 'lone-nuts' themselves, and anything short of the threat of a single bullet to their heads, is unlikely to change this view. In this case such folks may not be interested in reading this book. They may wish to read the Warren Commission Report instead so they don't stray too far from their comfort zone! After all, there is no better fictionalized account of The JFK Thing out there.)
"Janney has brought her story to vivid life, and deserves enormous kudos alone for his painstaking research and relentless effort over decades to find at least a truth if not indeed the truth about this highly intelligent, remarkable, courageous and unique woman. He also deserves great marks for his own unerring courage - not the least being that even now there are powers in America that don't want the full story of her death to come out.
"Which is to say, the real story of her death has implications for the broad sweep of modern US history (even beyond a resolution once and for all of the The JFK Thing, to begin with, a serious reboot of some of the cherished myths and illusions (delusions anyone?) that keep the Good Ship America afloat may indeed be required), and indeed its political system, its democratic structures (what's left of them at least), even its standing in the world.
"Meyer's story as told by Janney is one that both history and the mainstream media have virtually ignored. And it is a very big part of history that is being ignored without some answers as to why she 'had to die'. It's a mystery almost as complex as the JFK thing, on a much smaller scale of course, but possibly no less intriguing. But that's the thing: solving the riddle of Meyer's death could well be The Key to solving the JFK Thing once and for all, at least to a sufficient critical mass of folk that might help trigger that 'reboot.' And Janney has come as close as anyone to doing this.
"This of course is not to suggest that Janney is the first writer to appreciate her story in the last fifty years and attempt to get it out there. The author even details, draws upon - and openly acknowledges - the efforts of many others before him to do so, citing at least one of them who came tragically unstuck in the process.
"But his achievement is not only to aggregate the previous work of other writers and investigators, but to tell the story more completely, coherently and with an unmistakable passion and respect for his subject. As a CIA child, Janney himself grew up in spy v spy world, of which Meyer herself was so much a part of in these early days. Indeed, Janney's relationship to Meyer appears to be that of being a second mother to him. Yet the author is careful to eschew allowing his personal feelings towards his subject to 'interrupt' the ebb and flow of this meticulously laid out, and sleep-depriving narrative.
"Janney makes the point that even before her death, she was a danger to those who didn't want the dirty linen of 11/22 airing itself in public view. Of course he argues that that was why she was murdered, and tells of the elaborate efforts the CIA went to make her murder look like a random (lone-nut?) attack, so that the case would be closed once and for all. But for some very determined, dogged, intrepid folks (again, of the type that America needs more of in critical mass quantities), the CIA – and the broader government forces that were also part of the monumental act of treachery that was JFK’s assassination – might have escaped any suspicion at all in relation to her death.
"As the son of one of her husband's CIA colleagues Wistar Janney, Janney's Mary's Mosaic is an illuminating insight into the development of the national security state, the early history of the CIA, and in particular, the extraordinary influence and control the CIA exercised over the most powerful media folks and organisations - the impact of which is enduring to this day. For his part, Cord Meyer was one of the most interesting, compelling characters in CIA history. His crowning glory was oversight of Operation Mockingbird, the ongoing CIA operation that would go on to not just influence but infiltrate, all key elements of the media and publishing industries in the US and beyond, and even included major school book publishers. Mockingbird went on to become arguably one of The Company's most nefarious, insidious yet supremely successful covert operations, with Cord Meyer almost certainly aware of the Big Hit going down in Dallas if not directly involved.
"Of course being in this role Cord Meyer was also very closely associated throughout this period with the two most enduring, powerful, influential and amoral CIA players of all time - the first civilian director Allen Dulles (the CIA’s ‘Dagger’, who actively sought out Meyer for recruitment) and his redoubtable chief of counter-intelligence, the disarmingly and deceptively named and inclined James Jesus Angleton (the ‘Cloak’), both of whom almost certainly had their fingerprints all over the events of 11/22 and its subsequent cover-up, if not in Meyer's demise. Angleton himself has been described by one author not given to hyperbole as one of the "most evil" of the Cold War players, an opinion this writer has difficulty finding fault with.
"As a writer and researcher, I was always keenly aware of and intrigued by Mary Meyer, but her political influence over and personal impact on Kennedy was extraordinary to an extent I didn't fully appreciate before this book. It's abundantly clear she was 'offed' by the CIA (October 1964), and her ‘ex’ Cord Meyer was certainly aware The Company had a hand in it, even if he wasn't actually involved. Many years later he reportedly said as much that the CIA were involved, but stopped short of admitting any involvement on his own part. In the grand cover-up of the JFK Thing, Mary Meyer was not the type to let it go, and the CIA folks weren't prepped to let her go, if readers know what I mean.
"And for the pruriently, deviantly and morbidly inclined, Mary's Mosaic has everything: sex, power, drugs, corruption, lust, lies, adultery, murder, infidelity, deceit, amoral ambition, conspiracy, suicide, addiction, treachery, depression, treason, dipsomania, monomania, megalomania, moral turpitude, madness, and a whole host of other elements essential for a great ‘family story’...all seemingly part and parcel of the Grand American Narrative.
"Oh and one other thing, Lyndon Baines Johnson (LBJ) again gets the nod – at the very least as someone who was ‘in the know’ well and truly before 11/22, if not in Janney's assessment directly involved in its planning. Insofar as this writer is concerned, it is becoming increasingly obvious - indeed, irresistible - that POTUS Number 36 (along with his redoubtable side kick J Edgar Hoover, and as a member of the Warren Commission, ably supported by the aforementioned Dulles, and his side kick/deputy sheriff, Angleton) was The Key Man behind it all, albeit with a cast of thousands and a large cult following providing the back-up to the Big Event and its subsequent and thus far, all too successful, cover-up.
"Fitting then that in the 50th anniversary year that we are closer to an answer than ever before to one of history’s greatest and most controversial unsolved (or at least as yet unresolved) crimes. For this writer at least there is no further argument. For those that dispute this, let them read what I have read and viewed. LMK and I will forward you a list. And in the top five would be this book about the redoubtable Mary Meyer, who in my book should be posthumously awarded the Presidential Medal of Freedom. They have given them out to far too many folk much less deserving, that's for sure!
"And I have no doubt that Meyer herself would have little difficulty appreciating the cosmic irony of such an award.”
Greg Maybury is a Perth WA based freelance writer, author, publisher, blogger and documentary filmmaker. With the support of like-minded folk, he is developing a documentary on JFK. His recently launched blog Pox Amerikana (see links below, or Google it) will feature a weekly four-part examination of what he calls The JFK Thing. The first part is scheduled for November 1, and will run for four weeks.
poxamerikana.wordpress.com/prelude-journeys-and-detours-in-a-sometimes-great-nation
Greg Maybury
editor/publisher: pox amerikana
producer/writer: off piste productions
www.poxamerikana.wordpress.com">
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- "Collect(ing, including through clandestine means), process, analyze, produce, and disseminate signals intelligence information and data for foreign intelligence and counterintelligence purposes to support national and departmental missions;
- Acting(ing) as the National Manager for National Security Systems as established in law and policy, and in this capacity be responsible to the Secretary of Defense and to the Director, National Intelligence; (and)
- Prescrib(ing) security regulations covering operating practices, including the transmission, handling, and distribution of signals intelligence and communications security material within and among the elements under control of the Director of the National Security Agency, and exercise the necessary supervisory control to ensure compliance with the regulations."
- "Align (it) with the Intelligence Reform and Terrorism Prevention Act of 2004;
- Implement additional recommendations of the 9/11 and WMD Commissions; (and)
- Further integrate the Intelligence Community and clarify and strengthen the role of DNI as the head of the Community; Maintain or strengthen privacy and civil liberties protections."
- the Signals Intelligence Directorate (SID). It relates to foreign intelligence gathering, and
- the Information Assurance Directorate (IAD). It protects US information systems.
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The Impact of Sanctions on the Iranian People’s Healthcare System
September 2013 Report
Sanctions against Iran started from 1979 and it has found new dimensions through time. But the new set of sanctions imposed against Iran in 2006 intensely influenced this country and directly affected people’s lives. Especially after 2012, the sanctions have shifted toward civilians and its disastrous effects instead of aiming at nuclear technology development process, have made a huge humanitarian crisis. Sanctions on petroleum industry, cargo shipment, shipping insurance, followed by sanctions on banking system has damaged the economic situation in Iran, having destructive effects on providing commodities and services. While UN, EU, and the US sanctions do not directly include importation of humanitarian goods, these sanctions have acutely decreased Iranian people’s access to commodities and major services, including medicine and treatment. (A list of sanctions which have influenced this field in somehow have been attached to this report)
This report aims at representing a part of destructive effects of sanctions on people in health care field. This impact is so severe that has violated basic human rights of Iranian citizens, and threatens their lives and quality of life. So in this situation, generally in medical field, educational levels, research and industry, these effects can be discussed separately.
To prepare this report, four diseases were selected as representatives of different group of diseases for treatment section: Cancer treatment as representative of high mortality diseases; Asthma as a prevalent disease, decreasing quality of life; MS as a prevalent disease in Iran, disturbing daily life; and surgery for Dystonia and Parkinson’s disease as a high-tech surgery. For this study, we referred to medical specialists for each disease and some patients, and generated interviews in written forms or recorded videos. In some cases, information about diseases were gained from treatment centers or related associations. In doing research on medicine access, interviews were taken from pharmacists, managers of medicine producer companies, medicine importers and managers of distribution companies. Some information was also taken from 13Aban Central Pharmacy (the early pharmacy was founded by pharmacy college of University of Tehran), 1490 health system (a 24hrs/7days hotline designed to help patients by giving information about where different drugs could be accessed), and associations of some of these diseases. A set of this information is used to prepare this report and is referred to.
The condition of Cancer patients in Iran
Cancer is a type of disease in which body cells lose their ability to divide and usual growth and turn to tumor which leads to capture, destruction and corruption of healthy tissues. Worldwide cancer mortality in 2006 has been 6.7 million which include 13 percent of worldwide mortality statistics. It is predicted that this number will increase up to 9 million people in 2015.
According to the latest statistical and epidemiologic surveys in Iran, cancer is the third mortality factor after cardiovascular diseases and unintentional accidents (Dr. Mohammadali Mohagheghi, director of research center at Cancer Institute, Imam Khomeini Hospital, in an interview with “healthcare and treatment” reporter of Iranian Students News Agency).
About 85 thousand cancer cases are detected in the country annually, from which 30 thousands result in death. It should be noted that the number of newly diagnosed patients from 17765 in 2000 had increased to 55855 cases in 2005, and the latest statistics show that it had reached to 85000 cases in 2011. The age of cancer incidence has decreased to less than 30 years old. Its reasons include air pollution and modern lifestyle which goes along with smoking, consumption of alcoholic drinks, low physical activity, fibreless diets with high amount of fat and sugar.
The 181 percent growth of cancer in Iran is worrisome and according to the predictions of Professor Nasser Parsa, a member of American Cancer Society, Iran will face a cancer tsunami in 2015. According to World Health Organization, Iran has the highest cancer prevalence in the Middle East (Mohammad Esmaeel Akbari, director of cancer research center at Shahid Beheshti University of Medical Sciences)
The most prevalent cancers in Iran are stomach or gastric cancer in men and breast cancer in women. Iran has 61 cancer treatment hubs and the government provides great subsidies for its treatment, but unfortunately fast growth of this disease in one hand, and its high costs in the other hand has made governmental aids ineffective, especially because of the inflation due to the economic sanctions of Iran in 2006 and then in 2012 which paralyzed treatment system of these centers and hindered their development. As a result, unfortunately half of these patients may not respond to the treatment because of the disease progress and die very soon (Alireza Zali, assistant director of Medical Council of Iran, annual cancer conference, 2012).
Cancer in Iran damages the patient in some respects:
Psychological problems: more than one third of patients in the world experience anxiety and depression resulted from anguish and stress after their disease diagnosis. This issue may affect the family of patients too. Though, this statistics may apply to half of the patients. Also, due to the following problems, these worries may be multiplied.
Financial problems and costs of medicine: The fear from high costs and financial problems is the second psychological problems. The results of Bazyar study shows that half of the cancer patients in Iran had to borrow money (in the research sample). Some of them had to move because they were in debt and more than half of them are living in a critical psychological and financial condition because of high costs, even in the first steps of the treatment (life threat, the major challenge for the patients after cancer diagnosis, Nursing and Obstetric College of the Tehran University of Medical Sciences, (Hayat) vol. 18, no. 5, 1391, pp. 12-22)
Social work section of the Tehran Cancer Treatment Center informed the research team that before 2006, nearly all of the treatment and medicine costs were covered by the hospital and they were focusing on the psychological problems of the patients, but after 2006 and then suddenly in 2012 with multiple increase of the medicine prices because of sanctions, the patients turned to this center for the medicines too. The number of patients has been doubled or more in recent year. ( Data provided by Social work section of the Tehran Cancer Treatment Center )
Currently, with insurance coverage and extra governmental aids, the patient has to pay for 20-30 percent of the prices, but it is not still affordable for many of them. Some special medicines are not covered by insurance and due to lack of purchase, have become scarce in market. After sanctions on banking system, the medicines without Iranian equivalents no longer exist, and when a kind of medicine becomes available in another city for example, people rush to that city and they encounter many people in a pharmacy (Dr Aghili Interview transcripts attached to this report). So in addition to financial problem, the patients have access problems too.
Consequently, there are some patients who have left their cancer treatment because of sudden increase in medicine prices and lost their lives. The number of these patients is increasing, though the treatment in this center is free.
Due to the high costs of treatment and medicines, the patients do not refer to private centers and because of the lack of economic justification, these centers are semi-closed. So a large number of cancer patients from different social stratums rush to the social work centers, and the people from vulnerable stratum of the society are not the only clientele anymore. This reference rate is obvious in statistics of the recent year (Mrs. Zohre Gholamhosein Fard, social work supervisor at Cancer Institute).
For instance, some patients like “Mahmud Ostad Mohammad”, a famous theatrical figure passed away, due to lack of medicine in last three months of his life, though he was well-to-do (to see price growth rate, refer to the statistics of this center and the complete interview transcripts attached to this report).
The problems of treatment access: altogether, the necessary facilities for cancer surgeries and also the related medicines (except the nuclear medicines for cancer diagnoses) are not under sanctions currently. But the usage overlap of radiotherapy pieces and some military devices (like radars) has made the sanctions focused on these pieces. The accelerator devices which are used for deep radiotherapies have been practically under sanctions, as in some cases after purchase and paying the money, the device, equipment or software were not delivered (for example, the Varian device.) Also, because of the sanctions, the other old devices couldn’t get the necessary sources (radioactive cobalt), after the old sources were ran out. These devices broke down one by one and the patients who have been in their waiting list were added to the waiting lists of other remaining devices. Every morning, stressful crowds, gather in treatment centers with active devices, waiting for their treatment turn.
The golden time of treatment for some patients is wasted in waiting lists, and some even die, waiting for their turn. On the other hand, treatment personnel work day and night and are worried about overloading the devices and losing these few devices too. While the special rooms for radiotherapy had been made with high costs, they are now used as storerooms because purchasing new devices were impossible (Dr. Aghili’s interview transcripts attached to this report.)
Later, sanctions just included the public sector, but the private sector still didn’t have the financial strength to buy such equipments and also the financial problems of patients led to the bankruptcy of some private sector agencies and thus, left the market. Devices were not still sold to the governmental sector. By imposing sanctions against banking system of the country, it was not possible to purchase these medical equipments because money transfer became impossible, while it is said that sanctions on medical equipments had been entirely removed! On the other hand, decrease in value of Iranian Rial currency, increased the prices for these devices in a sudden as it became practically impossible to buy them. As a result, cancer patients are deprived of this classic and standard option of treatment and lose their lives.
Healthcare system had to import low-quality Chinese devices. Later, it was found that they are harmful for patients because of their voltage fluctuations, so using these devices became obsolete.
Consequently, considering the inflation caused by sanctions, just a few well-off patients who are still able to afford costs of going abroad travel to countries like Turkey or Malaysia for radiotherapy treatment, and other patients are deprived of treatment or are still waiting in treatment queues of the remaining devices. In this situation, there are physicians and necessary specialties, but lack of access to equipments is the major factor of cancer mortalities (Dr. Kazemian Interview transcripts attached to this report).
It’s worth noting that once, Iran has been a center for training foreign residents and also a cancer treatment center for patients from the region, but sanctions has made the neighbor countries lose this opportunity (Dr. Aghili Interview transcripts attached to this report).
The condition of Asthma patients in Iran
Asthma as a disruptive disease which affects quality of life doesn’t have high mortality rate, but makes the patient unable to do his daily activities. About 250 thousand people lose their lives because of asthma annually. The exact reason is not clear, but this disease is a combination of inherent and genetic characteristics of the person (like allergies), which may outbreak due to the environmental elements (like smoking or viruses). The financial cost of this disease is equal to the overall costs of diseases like AIDS and tuberculosis and is in the same level with diabetes and Alzheimer.
According to immunology research center, 2010 asthma and allergy, the average prevalence of asthma in Iran is estimated 13 percent for children and 5-10 percent for adults. Actually, there are 7.5 million people with asthma. In the most polluted cities like Tehran, the level of this disease has been reported to be up to 35 percent.
Iran’s ministry of health has planned programs for prevention as well as confrontation with this disease, which one of its most important strategies is increasing public awareness and informing different groups of society, from healthy people to the authorities, about chronic respiratory diseases. Strategic and restricting plan of chronic respiratory diseases is also prepared in this line to be implemented in medical science universities. As Dr. Masoud Movahedi, director of Iranian Society for Asthma and Allergy, mentioned, with all of these efforts, due to different factors such as high amounts of contaminants in large cities, asthma is not under control yet.
If Asthma patients have no access to the medicines, they will spend a hard time, not having the opportunity of living a normal life or succeeding in their profession because of the respiratory difficulties. Some medicines are found in the market which many of them are mainly expired or their expiration date has been manipulated. For example, Floxitide is a medicine which has been omitted from the market and many patients do not respond to Beclomethasone and they have to use edible Prednisolone Tablets. These alternative medicines may develop some complications like osteoporosis or more serious ones like femur break and other complications.
The medicine has a similar low-quality Indian product which is ineffective or less-effective on some patients. As a result, these medicines maybe provided for a limited number of people through smuggling, passengers, and other unethical ways. The case of research team is Dr. Kamran Aghakhani, one of the prominent Iranian physicians, forensics specialist and faculty member of Iran University of Medical Sciences. Despite his extended relations, asthma sprays and other medicines are inaccessible for him as well. (Dr. Kamran Aghakhani Interview transcripts attached to this report)
On the other hand, unfortunately when it became apparent that these medicines are inaccessible in Iran, like many other medicines, similar counterfeit medicines were produced by some illegal Indian and Chinese companies and were imported through illegal ways and are now used by the patients which may follow irreparable complications.
Considering the prevalence rate and its lack of control in Iran, asthma medicines have been wiped out of the market and have disrupted lives of many patients in recent years. Though asthma is not a fatal disease like cancer, in addition to its effects on people’s lives, asthma mortality rate in Iran has been increasing which is a humanitarian crisis.
The asthma patients in Iran, considering their incurable disease, acknowledged that the issue of their disease should be noticed in international and humanitarian assemblies, and their access to medicines, and as a result a normal life, be provided in a way. Apart from increase in medicine prices, most of the medicine centers believe that the lack of cooperation of foreign banks for transferring money is the major problem in medicine inaccessibility which is due to the sanctions against Iran’s banking system. Also, asthma specialists with their up-to-date knowledge prescribe new medicines which have been recently used in modern countries, but there is not a hope to access them in Iran.
These patients wish to have access to the medicines somehow, just like the people in other countries. Finally, as Dr Aghakhani stated, “Disease does not select the patient; poor and rich may become affected by the disease, but it is not proper that the patients’ access to treatment and medicine be selective and dependent to condition”.
The condition of M. S. patients in Iran
After accidents, M. S. is the most prevalent cause of disabilities among young people and no definite treatment for this disease has been discovered yet. But the existing medicine can decrease the attacks and disabilities resulting from this disease.
Development and exclusive signs are different in every patient and are not predictable. M.S. is appears after destruction of central neural tissues. Based on the place of destruction on the nervous system, it shows different signs, including impaired vision, blurred vision, impaired balance, tremor, lack of balance in walking, vertigo, weakness and torpidity in body, inability to do harmonic movements, frequent urination, urgent urination, impaired bladder emptying, urinary incontinence. In some patients the attack intervals maybe a year or it is possible to have an attack which is followed by continuous attacks.
M. S. is growing shockingly fast in Iran. The number of patients in Tehran has reached to 50 in every 100 thousands and in Isfahan are 73 in 100 thousands, which are similar to statistics of the European countries. Totally, the number of M. S. patients in Iran is 52.9 in every 100 thousands and there are 50 thousand patients currently in Iran. So Iran is among the countries with highest rate of M. S. prevalence. There are no exact statistics from M.S. patients in Iran, but with the mentioned estimations it seems that Iran is among the top ten countries with high numbers of M. S. patients. This disease appears in people between 20-40 years old. The great youth population of Iran is a reason for high rates of this disease in young people. Most of them are young women (twice or three times more than men). It is more prevalent among the educated people and even the physicians themselves (Sahraian, neurologist and director of scientific committee of M.S. society, international M.S. day)(Jamshid Lotfi, director of M.S. society in an interview with “Shargh”).
The research team had the opportunity for an interview with Dr. Mohammadali Sahraian, neurologist and director of scientific committee of M. S. society and asked about the patients’ problems. (Interview transcripts attached to this report) He said that stress will increase the intensity of the disease and the number of attacks in M. S. patients. Stress and tension could be one of the factors which increases the number of M. S. patients in Iran.
Conditions of the society, especially the economic condition of people, intensely affect their normal lives and enforce a great deal of stress and tension on individuals. The daily deteriorating trend of these issues adds to the stress and tensions of these people and affects them in a negative way, and this trend may be one of the factors in growing number of M. S. patients.
M. S. is a disease that severely disrupts the patient’s life and enforces many problems. As a neurological disease, stress and tensions may intensely influence the number of attacks. In Iran, patients are affected by lack of medicines in two ways: First, the stress about the scarcity of medicines increases the number of attacks. Second, lack of medicine consumption for more than one or two months again increases the number of attacks.
M. S. makes the patient dependent to one type of medicine. Considering the lack of the European medicine, when the same medicine with the same producer was imported from Turkey with a Turkish label, its medical effectiveness on the patients had decreased severely. While Iran has the knowledge and ability, and produces 70 percent of the medicine, still the psychological non-acceptance of the Iranian medicines has made them less effective on the patients.
The same as other diseases, the most problematic issue is the increase in prices because of sanctions against banking system. Actually, the difficulties in money transfer have increased the prices very much or have completely wiped them out of the market. For example the German Methaferone was 900000 rials eight years ago, but gradually its price went up and suddenly it reached to 16000000 rials, which is unimaginable for its monthly consumption.
Rebif which has not the similar Iranian product has reached from 450000 to 6000000 rials for per month consumption, Tysabri costs 4000 USdollars per month, Avonex from 900000 to 10000000 and then suddenly reached to 20000000 rials.
Also, sanctions on banking system, high costs and the lack of primary ingredients of medicines, have increased the prices for the Iranian products too. Actually, the non-acceptance of money and inability to open LC are the major problems in scarcity of medicines. Banks and then companies do not accept the money. The money transferred by patients or charity organizations has been blocked in Armenian and Azeri banks and patients cannot get the medicine even when they spend money. In the time of interview with Dr. Sahraian, for example Rebif was found in the market, but Avonex tablets and Methaferone were rare.
The condition of Dystonia and Parkinson’s patients
Dystonia is a neurological-dynamic disruption which results in repeated or long contractions in muscles. Dystonia often causes the appearance of unnatural and disabling movements. The main causes of this disease are hereditary and genetic, trauma and physical injuries, some kinds of infections, some medicine complications, oxygen shortage and injuries at the time of birth, and more than usual increase in bilirubin in the infancy period. Also some of the problems related to internal organs and skull may affect the outbreak of Dystonia.
Dystonia may appear local (for example, involuntary and continuous opening and closing of eyelid with several spasms, which prevents the proper movements of the eyes and eyelids and direct sight of the person) or as a generalized kind, is one the most disabling kinds of Dystonia. Because this disease involves all parts of the body including face, neck and spine, the patient’s appearance becomes unusual (Mrs. Jalili, Asie Karimi and Hosein Oroujzade) and walking becomes difficult too. Some of them (like Amoushahi, Rahimi, Jahed and Zamani) at first walk on their toes or the external edge of their feet and when they start walking their feet twist. They don’t have control over their muscles when they try to write; their fingers open and their hands tremble. These signs gradually increase, as in children the unnatural movements of neck toward a direction (like Faride Hamidinia), the continuous movement of head, spine and waist curve (Asie Karimi), involuntary gestures of mouth and uncontrollable movements of tongue (Hosein Oroujzade) causes speech and swallowing problems.
Dystonia is one of the diseases that almost show resistance against treatment. In the early stages, edible medicines, and sometimes botulism and Botox injection, maybe effective on temporary muscle paralysis. These toxicants have a temporary effect and after a while the human body produces antibodies and resists against them. New methods are based on stimulation of deep parts of brain. With electric stimulation of some deep parts of the brain through surgery and implanting electrode in it, it is possible to control patient’s movements, but this is a very professional surgery. This surgery which is one of the advanced surgeries is done in Iran and its costs are very low in comparison with the European countries. Dystonia is not a fatal disease, but it is paralyzing as the patients always has involuntary gestures, unusual way of walking and severe uncontrollable movements which makes usual daily activities impossible, and sometimes the patient has to sit on a wheelchair or on bed.
As mentioned before, Dystonia surgery is an advanced surgery, based on using high-tech instruments and equipments. Dr. Gholamali Shahidi is a neurologist with fellowship in movement disorder, doing the related surgeries from 2005. In an interview of research team with Dr. Shahidi, the problems and issues of these patients were examined. (Interview transcripts attached to this report) They have done 128 surgeries with good results, similar to the European surgeries, which 26 of them had been Dystonia. Contrary to the other countries, most of these patients are young. So this treatment improves their quality of life and returns them to the normal social life.
Pacemaker battery which makes electric pulses works between 1.5-5 years, depending to the kind of disease and should be replaced by a new one when it is necessary. Otherwise, if the battery finishes suddenly, it returns the patient to a condition worse than before and it is even possible that the patient faces medical risks, including dystonic storm and death. The battery is produced by the American company of Metronix exclusively. In many cases there were problems of importation due to its exclusiveness and they didn’t easily extend its license for the representative company. On the other hand, increase in dollar price from 650 to 900 tomans because of sanctions, and after sanctions against oil industry and banking system from 1226 to 3100, made this battery very expensive. It reached from 13 million tomans to 54 million tomans. This high price is not affordable for many patients. In addition, after sanctions against banking system, the problems of money transfer practically has made it impossible to purchase new batteries. The patients have to wait for example three months. When the capacity of the battery reaches 2 percent, it is a life-threatening condition for the patient. Many patients turn to doctors to adjust their batteries on low consumption; thus increasing the involuntary movements, to keep the battery alive until they could replace it.
Many cases were introduced to the research team. For example, Dr, Hasan Farjak, a 60 years old professional, an educated man with a PhD and an active lifestyle, or Mr. Zolfagharlou a 40 years old lawyer who had to decrease his battery consumption to 50 percent until he finds a new battery and now has lost his ability for normal daily activities. Mohammad lived in a village and he had come late to change his battery and died three months after his battery was discharged. Roya Jahed was living with 52 pills when she was 15 and now has a normal life after surgery. She is married now and is doing her genetic tests before pregnancy. Zamani, Masoudi, Koosha Khoshghadam, Farshad and many others are worried about their batteries now.
The Iranian economy is heavily dependent on crude oil export; in fact Iran derives 80% of its hard currency from crude oil export. After the intensive sanctions imposed on Iranian oil export, Iran’s ability to provide basic goods for its citizens was severely limited. Further sanctions on cargo shipment and shipping insurance limited the government’s ability to provide humanitarian goods such as medicine and medical equipment. The global sanctions targeting Iranian banking system and money transaction effectively influenced the entire economy and import\export processes of the country.
Although none of the sanctions imposed against the Iranian government directly ban export of humanitarian goods such as pharmaceuticals to this country, their indirect devastating effect on the healthcare, welfare and access of ordinary people to these services is notable.
Iranian drug manufacturers’ issues:
The main concerns of the Iranian manufacturing companies are:
- Acquiring the currency needed to purchase bulk material as the value of the Rial fell dramatically during the last 2 years.
- Opening accounts in the foreign country for purchasing process.
- And finding a way to sidestep sanctions and import products to Iran, despite insurance and cargo sanctions.
Each part of the process is costly, time consuming and uncertain. Every day with the imposing of new sanctions, companies find it harder to work and indeed the quality of medications are questionable as the manager at Abidi pharmaceuticals said in an interview (transcripts attached to this report ) with the research team, “sometimes pharmaceutical product’s transfer and shipment is delayed up to 8 months, this not only poses a drug shortage but certainly affects the drug’s quality which hadn’t been stored in an ideal condition”. Therefore sanctions have cut off manufacturer’s access to key pharmaceutical and medical supplies and have made it difficult to import key materials for manufacturing pharmaceuticals which comprises 90 percent of Iran’s pharmaceutical market.
Whenever importation of a kind of bulk material was restricted from western sources, manufactures shifted to Indian or Chinese sources, although this procedure was costly and time consuming due to paper work, legal issues and the need to repeat quality control tests and stability tests to determine the products’ quality, but manufactures at the end were able to partially retain their pre-sanctions production rates. This nevertheless was at the cost of decline in overall quality since alternative sources are generally less qualified and partially have unknown side effects.
About the medicine production, Dr. Namazi said that the low-quality primary sources need purification and also processing devices which cannot be imported due to their dual usage in nuclear issues, except through smuggling the pieces separately to the country. And then there are maintenance problems and if the device breaks down and need repair, there would be problems with the manufacturer company.
By banning and sanctioning main roots of import or at least making it extensively difficult, the foreign companies or entities reasonably lose their interest to deal with Iran. The international community has opened the door for illegal smuggling of medicines. “Opportunists are taking advantage of the public’s vulnerability in the time of medicine shortage”, mentioned the manager at Abidi pharmaceuticals in an interview with the research team. Many patients refer to black market to buy vital medicines, sometimes at prices 3 times higher than the original price. For many years Naserkhosro Street (the hub of illegal drug dealers) had been quiet and empty; nowadays it’s crowded with illegal drug dealers. These medicines are of unknown by origins, haven’t been stored properly and might be actually counterfeit.
“Although US law technically exempts food and medicine from sanctions in order to minimize the impact on civilians, the increasing implementation of financial sanctions has discouraged exporters from shipping to Iran, because they face problems getting paid, due to barring of money transaction and additional banning of insuring shipments to Iran, and because the U.S. Treasury Department’s licensing requirements are too time consuming and complicated,” Said, dean of faculty of pharmacy at Tehran University of Medical Sciences. (Interview transcripts attached to this report). Most of vital medicines like chemotherapy medicines, medicines for treatment of Thalassemia and other blood complications such as anti-bleeding medicines for hemophilia and immunosuppressive medicines for patients undergoing transplant surgeries are manufactured by western companies. The sanctions, although put some relief for importing medicines from China and India which are very strict regarding importations from western countries, this has led to many miseries and loss of lives.
Data from June 2012 until September 2012, shows an average monthly shortage of 83 drugs, but from October 2012 the number of drug shortages dramatically rises from September 2012 until June 2013, when the average drug shortages was 144. There is a significant gap between the shortage of imported drugs and manufactured drugs in Iran. (Data is provide in the attachments)
The data obtained contains total number of calls made to 1490, in a period of four months, from 21 March to 23 July 2013. This data clearly shows how in a period of time a drug’s accessibility has declined.
Warfarin sodium (anti-blood clot) is a good example; in the first month (21 Mar -20 Apr) the number of calls made to check warfarin’s availability was zero, the second month (21 Apr. -21 May) the number of calls was only 2 and was successfully guided to the nearest pharmacy. But in the third month (22 May-21 June) the number of calls dramatically increases to 790 calls and in the fourth month (22 June-23 July) the number of calls reaches to 1701 calls. This irrespective of whether 1490 hotline was able to direct callers to a pharmacy shows that patients couldn’t simply find the drug needed by reaching a regular pharmacy and had to call 1490 for help. Data shows that 27% of the callers in the 3rd month and 30 percent of callers in the 4th month, faced the shortage and they couldn’t access the drug, respectively.
Methohexal (cardiovascular), for the 4 months above, Methohexal had a very low accessibility and an average of 77% of the calling patients were faced with the drug shortage and only 23% of the callers were guided to a pharmacy which could help them.
1296 kind of drugs were unavailable and the patients tried to access them by calling 1490. There are several vital drugs among them which their shortage endangers the health of the patients and even may cost their life. The data contains number of phone calls which 1490 failed to help them simply because of the lack of drugs in the country. These numbers are shown under “Failed Calls” column.
In following charts some statistics are given which are related to the drugs used to cure or help patients suffering diseases discussed in the previous section. The research is not focusing on the soaring prices of the drugs. Many of these are expensive drugs due to the declining state of Iranian economy -in part a result of sanctions- but it’s worth mentioning that even if patients somehow gain access to these drugs, very few can actually buy them.
| Drug Classification | Drug(Generic/Brand) | No. of calls |
| Multiple Sclerosis (MS) treatment | Extavia | 385 |
| Betaferon | 1233 | |
| Cinnovex | 109 | |
| Avonex | 172 |
|
Drug Classification |
Drug(Generic/Brand) |
Failed calls |
|
Contrast media (Essential for radiological examination, are used to visualize vessels and tissues in radiography and CT imaging. Diagnosis of fatal complications are impossible without them.) |
Visipaque |
1760 |
|
Iodixanol |
180 |
|
|
Omnipaque |
1077 |
|
|
Ultravist |
955 |
|
|
Iopromide |
105 |
|
|
Scanlux |
235 |
|
|
Iohexol |
106 |
| Drug Classification | Drug(Generic/Brand) | Failed calls |
| Anticancer chemotherapy
(Shortage in chemotherapy drugs is very worrisome since lack of receiving a proper chemotherapy treatment in time, would possibly endanger a patient’s life.) |
Flutamide | 895 |
| Flutamid | 299 | |
| Remicade | 804 | |
| Diferelin | 520 | |
| Diphereline | 202 | |
| Diferlin | 494 | |
| Microrelin | 246 | |
| Decapeptyl | 232 | |
| Erbitux | 599 | |
| Chlormbucil | 336 | |
| Xeloda | 148 | |
| Zeloda | 102 | |
| Leukeran | 225 | |
| Infliximab | 203 | |
| Zometa | 189 | |
| Thalidomide | 183 | |
| Nexavar | 171 | |
| Bcg | 182 |
There are also other drugs. The director of Iran’s hemophilia society introduced cases like Manouchehr Esmaili-Liousi, a 15 years old teenager from tribes near the city of Dezful. He suffered from hemophilia and died on 14 November 2012 in hospital after his family failed to find the vital drug he needed to stop the bleeding. Or Taha Mahdi Hatamibabanari, a 4 years old hemophilic boy who died of bleeding caused by an injury. The necessary medicine could not be found while his parents and the hospital could not reach any due to shortage of access to hemophilia medicines. He stated that in the last two years the patients’ accessibility to antihemophilic drugs have declined to one third, compared to the past years. Patients face high emotional stress every day not being able to find their medication. In the last two years, major hospitals in Iran many times completely lacked antihemophilic drugs and many affected children are suffering as a result.
| Drug Classification | Drug(Generic/Brand) | Failed calls |
|
Hemophilia, vonwillebrand’s disease, diabetesbinsipidus |
Minirin |
179 |
About the Thalassemia patients, Dr. Arasteh noted that because of the difficulties resulting from sanctions on importing drugs and bulk materials for thalassemia drugs, the supply chain has been disrupted and patients are facing many adversaries, including diabetes, heart disease, skeletal problems, and liver problems.
| Drug Classification | Drug(Generic/Brand) | Failed calls |
| Chelator | Desferal | 115 |
Some 20.000 Organ transplant patients are at risk currently. These patients have to permanently take immune suppressant drugs in order to prevent organ rejection. These patients might suffer organ rejection or even die if they miss even one dose of their drug.
Their drugs have become tremendously expensive and rare patients have to spent days searching for their prescription drugs. The table below shows the amount of callers faced with drug shortage.
| Drug Classification | Drug(Generic/Brand) | Failed calls |
| Transplant | Cellcept | 274 |
Another vital drug is warfarin (anti blood clot). It prevents strokes and heart attacks due to thromboembolism, but in recent months its shortage has made so much panic for the patients and their families. The table below shows in a span of four months, the number of patients who weren’t able to access their drugs after calling 1490.
| Drug Classification | Drug(Generic/Brand) | Failed calls |
| Anticoagulant | Warfarin sodium | 716 |
There are other drug classifications which the major ones are provided here, extracted from the data.
| Drug Classification | Drug(Generic/Brand) | Failed calls |
| Antiasthma | Symbicort | 398 |
| Seroflo | 171 | |
| Seretide | 1368 | |
| Salmeterol | 108 |
| Drug Classification | Drug(Generic/Brand) | Failed calls |
| Antidysrhythmic | Flecainide | 242 |
| Flecainide acetate | 233 | |
| Sotahexal | 139 |
| Drug Classification | Drug(Generic/Brand) | Failed calls |
| Antidiabetes | Metohexal | 491 |
| Drug Classification | Drug(Generic/Brand) | Failed calls |
| Volume expander | Albumin | 144 |
| Drug Classification | Drug(Generic/Brand) | Failed calls |
| Anticonvulsant | Valproate sodium | 212 |
| Depakine | 149 | |
| Orlept | 124 | |
| Tegretol | 144 |
| Drug Classification | Drug(Generic/Brand) | Failed calls |
| Adhd treatment | Ritalin | 684 |
| Drug Classification | Drug(Generic/Brand) | Failed calls |
| Pregnancy termination | Misoprostol | 601 |
| Drug Classification | Drug(Generic/Brand) | Failed calls |
| Antiparkinson agent | Madopar | 2356 |
| Levodopa | 185 | |
| Levodopa/benserazide | 151 |
| Drug Classification | Drug(Generic/Brand) | Failed calls |
| Alzheimer’s disease treatment | Galantamine | 353 |
| Reminyl | 166 |
| Drug Classification | Drug(Generic/Brand) | Failed calls |
| Antimalarial | Pyrimethamine | 164 |
| Drug Classification | Drug(Generic/Brand) | Failed calls |
| Antidepressant | Asentra | 436 |
| Zoloft | 382 | |
| Sertraline | 137 | |
| Doneurin | 141 |
| Drug Classification | Drug(Generic/Brand) | Failed calls |
| Antiviral | Ganciclovir | 345 |
| Tenofovir | 228 | |
| Tenobiovir | 146 |
| Drug Classification | Drug(Generic/Brand) | Failed calls |
| Infertility treatment | Hcg | 1067 |
| Cetrotide | 191 | |
| Cetrorelix acetate | 132 |
| Drug Classification | Drug(Generic/Brand) | Failed calls |
| vaccine | Gardasil | 119 |
| Bcg | 182 |
There are two tables here, showing the comparative data of drug shortage in a period of 15 days in the years 2012 and 2013. Significant rise in number of drugs shortage comparing the exact dates from two years shows that during last year the situation has exacerbated and will continue if no solution is considered.
It should be noted that the represented study and report is depicting a small part of the disaster occurring in Iran. During the study, many problems and issues in the field of treatment and medicine were discussed which there was not enough time to cover all of them. According to Dr. Namazi, a medical ethics specialist, there are many problems in healthcare field, including X-ray, access to radioactive medicines used in different types of CT scan and MRI, anesthetic medicine used in usual surgeries, lack of laboratory kits which make them to send a blood sample or urine sample to Turkey for a simple test.
The effects of sanctions on medicines have other dimensions too, for example undesirable effects on human food. For instance, the lack of bestial medicines leads to the prevalence of bestial diseases which affects humans too. As a result, more antibiotics are used to prevent the diseases, which severely have increased harmful antibiotics dosage in the bodies of Iranian people.
Clearly, with changing direction of sanctions, they are practically targeting the Iranian people. Also, sanctions against insurance and shipment are not just aimed at the government or political structure anymore. And these are civilians who have lost their primary access to the necessities such as treatments and medicines, and thus engaged in a life-threatening situation.
Financial isolation of people entirely for the political structure and politics, which is endangering their lives, is neither rational nor fair. It seems that political objectives and the existing problems between the governments have been preferred over the basic human rights and had influenced them.
Currently, the equipment and devices of treatment, medicines and other basic needs are under sanctions too, the same as automobile industry equipment or the sale of petroleum products, though apparently it is not like this. Actually, the medical equipment are not under sanctions, but it is sanctions on banking system that has made them difficult to be imported. And the only objective of this sanction is damaging people.
These sanctions have violated human rights in different ways and different public dimensions. When the rights of many people is violated it means that “the right to a standard of living adequate for the health and well-being” as stated in the article 25 of the Universal Declaration of Human Rights, and also “the right to the enjoyment of the highest attainable standard of physical and mental health” as stated in Article 12 of International Covenant on Economic, Social and Cultural Rights are violated too. Also, the rights of children and women as stated in article 24 of “Convention on the Rights of the Child”, and article 12 and 14 of “Convention on the Elimination of All Forms of Discrimination Against Women” is violated too. It is the same for different ethnicities living in Iran, including Persians, Turks, Azeris, Kurds, natives of Luristan, Arabs, Baluchis and other ethnicities, as stated in article 5 of “International Convention on the Elimination of All Forms of Racial Discrimination”; and for disabled people as stated in article 25 of “Final report of the Ad Hoc Committee on a Comprehensive and Integral International Convention on the Protection and Promotion of the Rights and Dignity of Persons with Disabilities” as well. Now there are many people with different races and ethnicities in every part of this country struggling over their lives. This is a silent, continuous and hidden genocide.
Sanctions should be revised. With the high population in this century, sanction is a very unjust way of putting pressure on governments, because they trample rights of people. At least, sanctions should be devised purposefully under observation of Human Rights Organization, unless they are not fair.
We hope that after this report and representing a small part of what is happening in Iran, the aware conscience of gentle minds do something in this direction to prevent from a disaster. There should be at least a way to provide the basic needs of people.
More People Sign Up for Mars Trip than for Obamacare
If the government can’t handle enrollment, how can we expect it to manage a complex healthcare program?
Kurt Nimmo
Infowars.com
October 18, 2013
Dutch entrepreneur Bas Lansdorp’s Mars One, an organization planning to establish a colony on the red planet by 2023, is more popular than Obamacare. Lansdrop has collected more signatures for his improbable project than all the number of Americans who have enrolled in Obama’s mandatory health insurance fiasco.
On Wednesday, the first Delware resident signed up for Obamacare. On Thursday, it was reported that nobody in Alaska had bothered to sign up for the program due to the government’s inability to keep up its glitch-prone enrollment website. In response, Alaskan Republican Sen. Lisa Murkowski fired off a letter to the Obama administration.
“This system that cost more than $400 million, took three years to build, and was billed as a one-stop shop for individuals seeking health insurance is not working as advertised,” Murkowski wrote. “In its first two weeks of operation, I am told that no one was able to enroll in the Alaska Exchange.”
Obama’s apparatchiks refuse to release enrollment numbers, so there is no verifiable numbers on how many people have enrolled in the government’s healthcare-at-gunpoint scheme.
“The White House refuses to release the numbers, leading many to assume they are embarrassingly low. But insurance industry insiders point to another reason: Nobody knows if the numbers they do have are even accurate,” CNN reported on October 16.
That’s because the mega-insurance corporations that stand to profit handsomely from the coercive scheme say they are receiving incomplete, duplicative and contradictory data from the government.
“The administration is not wrong in saying that there’s been a lot of problems with signing up. But it’s incorrect to say that’s the only problem,” an insurance industry official told CNN. “That’s not the only issue at hand.”
Indeed, there is another issue at hand, one that is not being addressed by the establishment media. If the government can’t effectively handle data and other mundane aspects, how can it be expected to manage a massive, complex and unprecedented healthcare program?
Obamacare: crony capitalism in action:
This article was posted: Friday, October 18, 2013 at 9:55 am
Tags: domestic news, government corruption, healthcare, technology
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33 Stats That Prove That SOMETHING Desperately Needs To Be Done About The National...
Michael Snyder
American Dream
October 18, 2013
The U.S. national debt is 36 times larger than it was just 40 years ago. That is not a misprint. That is actually the truth. We are literally destroying the future of America, but most Americans don’t really seem to care. In fact, the most hated politicians in America are the Tea Party politicians that recently tried to take a stand against the out of control borrowing that the federal government has been doing. Pew Research has just released a new survey that shows that the popularity of the Tea Party is at an all-time low.

Image: US Dollars.
So while many Americans may say that they theoretically want something to be done about the national debt, when push comes to shove they don’t actually mean that. You see, the reality of the matter is that about 128 million Americans get money from the federal government every month. That accounts for the majority of all government spending. Anyone who tries to take those goodies away is going to be hated. So we are going to continue down this crazy path until the system completely crashes someday.
The “deal” that was just made in Congress does nothing to reduce our spending or control the growth of our debt. It just kicks the decisions about government spending and the debt ceiling down the road for a few months.
In fact, the agreement on the debt ceiling did not actually place any limits on how much the federal government can borrow over the next few months. It just temporarily suspended enforcement of the debt ceiling. So the federal government could technically go out and borrow trillions of dollars during the next few months and nobody could do anything about it.
Let’s hope that does not happen.
And of course the “debt deal” contained all kinds of pork that will benefit certain politicians that were instrumental in putting together the deal.
When are the American people finally going to get sick and tired of this kind of thing?
Meanwhile, our debt problem continues to get even worse. The following are 33 stats that prove that SOMETHING desperately needs to be done about the national debt…
#1 The U.S. national debt is on pace to more than double during Obama’s eight years in the White House. In other words, under Barack Obama the United States will accumulate more debt than it did under all of the other presidents in U.S. history combined.
#2 During fiscal year 2013, the U.S. Treasury paid off $7,546,726,000,000 in maturing U.S. government debt and issued $8,323,949,000,000 in new debt. In fiscal year 2014 those numbers will be even larger.
#3 In September, the average rate of interest on the government’s marketable debt was 1.981 percent. In January 2000, the average rate of interest on the government’s marketable debt was 6.620 percent. If we got back to that level today, it would collapse our entire financial system.
#4 Between 2008 and 2012, the ratio of government debt to government income increased from 4.0 to 6.6.
#5 Between 2008 and 2012, U.S. government debt grew by 60.7 percent, but U.S. GDP only grew by a total of about 8.5 percent during that entire time period.
#6 Since 2007, the U.S. debt to GDP ratio has increased from 66.6 percent to 101.6 percent.
#7 A revised IMF policy paper entitled “An Analysis of U.S. Fiscal and Generational Imbalances: Who Will Pay and How?” projects that U.S. government debt will rise to about 400 percent of GDP by the year 2050.
#8 At this point, the federal government hands out money to approximately 128 million Americans every single month. In case you were wondering, that is about 41.3 percent of the population of the entire country.
#9 Back in 1980, the U.S. national debt was less than one trillion dollars. Today, it is rapidly approaching 17 trillion dollars.
#10 Since the year 2000, the size of the U.S. national debt has grown by more than 11 trillion dollars.
#11 During Barack Obama’s first four years in the White House, the amount of new debt accumulated by the federal government breaks down to approximately$50,521 for every single household in the United States.
#12 The United States already has more government debt per capita than Greece, Portugal, Italy, Ireland or Spain.
#13 At this point, the United States government is responsible for about a third of all the government debt in the entire world.
#14 According to the U.S. Treasury, foreigners hold approximately 5.6 trillion dollars of our debt.
#15 The amount of U.S. government debt held by foreigners is about 5 times larger than it was just a decade ago.
#16 If the federal government used GAAP accounting standards like publicly traded corporations do, the real federal budget deficit for 2011 would have been 5 trillion dollars instead of 1.3 trillion dollars.
#17 As I noted recently, if the U.S. national debt was reduced to a stack of one dollar bills it would circle the earth at the equator 45 times.
#18 How much money is one trillion dollars? If you were alive when Jesus Christ was born and you spent one million dollars every single day since that point, you still would not have spent one trillion dollars by now.
#19 If right this moment you went out and started spending one dollar every single second, it would take you more than 31,000 years to spend one trillion dollars.
#20 If you started paying off just the new debt that the U.S. has accumulated during the Obama administration at the rate of one dollar per second, it would take more than 189,000 years to pay it off.
#21 The U.S. national debt is now more than 5000 times larger than it was when the Federal Reserve was first established in 1913.
#22 If Bill Gates gave every single penny of his entire fortune to the U.S. government, it would only cover the U.S. budget deficit for 15 days.
#23 The federal government is stealing close to 100 million dollars from our children and our grandchildren every single hour of every single day.
#24 Historically, the interest rate on 10 year U.S. Treasuries has averaged 6.68 percent. If the average interest rate on U.S. government debt rose to that level today, the U.S. government would find itself spending more than a trillion dollars per year just on interest on the national debt.
#25 Federal spending on entitlement programs has been increasing six times faster than population growth has.
#26 Overall, the federal government runs nearly 80 different “means-tested welfare programs“, and almost all of them are experiencing explosive growth.
#27 According to a Government Accountability Office report that was released earlier this year, Obamacare is going to cause the federal debt to rise by $6.2 trillion.
#28 If you can believe it, today more than 70 million Americans are on Medicaid, and it is being projected that Obamacare will add 16 million more Americans to the Medicaid rolls.
#29 As I have written about previously, the number of Americans on Medicare is projected to grow from a little bit more than 50 million today to 73.2 million in 2025.
#30 Medicare is facing unfunded liabilities of more than 38 trillion dollars over the next 75 years. That comes to approximately $328,404 for each and every household in the United States.
#31 It is being projected that the number of Americans on Social Security will rise from about 62 million today to more than 100 million in 25 years.
#32 Overall, the Social Security system is facing a 134 trillion dollar shortfall over the next 75 years.
#33 Boston University economist Laurence Kotlikoff is warning that the U.S. government is facing a gigantic tsunami of unfunded liabilities in the coming years that we are counting on our children and our grandchildren to pay. Kotlikoff speaks of a “fiscal gap” which he defines as “the present value difference between projected future spending and revenue”. His calculations have led him to the conclusion that the federal government is facing a fiscal gap of 222 trillion dollars in the years ahead.
Our financial situation is clearly not even close to sustainable. We are heading for an inevitable collapse, but in the aftermath of the “deal” in Congress, Barack Obama declared that all Americans “need to stop focusing on the lobbyists, and the bloggers, and the talking heads on radio”. Apparently he does not want you reading articles like this or listening to radio programs that are warning about the dangers of our national debt.
At the same time, the U.S. government continues to waste money in some of the most bizarre ways imaginable. It is almost as if they don’t even care that they are destroying the future of our children and our grandchildren with their incredibly reckless spending.
And of course the mainstream media is very much on the side of the big spenders. In recent weeks, those that identify themselves with the Tea Party have been endlessly called names on the big mainstream news networks even though they are just about the only ones that are trying to pull us back from the path to self-destruction that we are on.
The big mainstream news networks have portrayed those that identify with the Tea Party as idiots and morons, but the truth is that studies have found that Tea Partiers are better educated, more scientifically literate and have higher incomes than the general population.
The real idiots and morons are the ones that want us to continue down this road to financial oblivion. We have accumulated the largest mountain of debt in the history of the world, and unless something dramatic is done, America is not going to have any kind of a future.
This article was posted: Friday, October 18, 2013 at 5:35 am
Tags: domestic news, economics, financial, government corruption, money
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Frontrunning: October 18
- Republican Civil War Erupts: Business Groups v. Tea Party (BBG)
- Budget fight leaves Boehner 'damaged' but still standing (Reuters)
- Madoff Was Like a God, Wizard of Oz, Lawyers Tell Jury (BBG) - just like Bernanke
- Republicans press U.S. officials over Obamacare snags (Reuters)
- Brilliant: Fed Unlikely to Trim Bond Buying in October (Hilsenrath)
- More brilliant: Fed could taper as early as December (FT)
- Russia Roofing Billionaires Seen Among Country’s Youngest (BBG)
- Ford's Mulally won't dismiss Boeing, Microsoft speculation (Reuters)
- China reverses first-half slowdown (FT)
- NY Fed’s Fired Goldman Examiner Makes Weird Case (BBG)
- Italian protests against Letta government disrupt transport (Reuters)
- Transit workers strike again, will hamper Bay Area commute (Reuters)
Overnight Media Digest
WSJ
* SAC Capital and federal prosecutors have agreed in principle on a penalty exceeding $1 billion in a potential criminal settlement that would be the largest ever for an insider-trading case.
* Insurers say the federal healthcare marketplace is generating flawed data that is straining their ability to handle even the trickle of enrollees who have gotten through so far.
* Chinese PC maker Lenovo is actively considering a bid for all of BlackBerry and has signed a non-disclosure agreement with the smartphone maker. ()
* A late surge of cases against low-level offenders will push the SEC's case total close to last year's levels, masking a steep drop in enforcement actions related to the financial crisis. While the total hasn't been announced, it likely will be down at least 5 percent from a near-record high of 734 enforcement cases in fiscal 2012.
* Google posted a 12 percent increase in third-quarter revenue, as it tries to keep pace with its users' shift to mobile devices.
* Video-streaming service Hulu on Thursday named Mike Hopkins as its new chief executive, effective immediately. Hopkins has been president of Fox Networks Group, a division of 21st Century Fox Inc, since 2008 and a member of Hulu's board since 2011.
* A U.S. district judge ordered subprime lender Household International Inc - now part of HSBC Holdings PLC - to pay investors $2.46 billion in a class-action lawsuit, a move that comes several years after a jury found the company liable for securities fraud.
* IBM is shaking up leadership of its growth-markets unit, following disappointing third-quarter results that prompted a critical internal email from CEO Virginia Rometty. She wrote that IBM's strategy is correct, but criticized the company for failing to execute in sales of computer hardware as well as in the growth markets unit, whose sales territory includes markets in Southeast Asia, Eastern Europe, the Middle East and Latin America.
FT
Paul Tucker, the Bank of England's outgoing deputy governor, said regulators need to keep a stronger eye on hedge funds and shadow banks and added it would be disastrous if the economic fragility of banks was recreated outside the mainstream banking sector.
The U.S. Federal Reserve could begin reducing its asset purchases as early as December after the government shutdown sabotaged a crucial month of data and dealt a blow to the world's largest economy.
The next U.S. monthly employment report became a casualty of the U.S. government shutdown with the Department of Labor saying the data would be released after a delay of more than two weeks on Tuesday.
Scottish National Party leader and Scotland's first minister, Alex Salmond was involved in the talks between the management and workers Grangemouth refinery and petrochemicals complex. The management has closed off the refinery demanding that workers accept changes to pay, pensions and union representation in what has turned out to be Scotland's biggest industrial dispute in years.
Google shares rose 8 percent to a record high after the company managed a smooth transition of its advertising business to smartphones and tablets from PCs.
Goldman Sachs managed to protect its profits by slashing the amount of money set aside for year-end bonuses after its fixed-income trading was worse than any other large Wall Street bank's.
Barclays has approached the Court of Appeal to overturn an earlier ruling that allowed Guardian Care Homes, which is suing Barclays over interest-rate swaps, to amend its claim to include Libor-related allegations.
UK Ministers will look at the green measures that have contributed to rising fuel bills after British Gas became the second energy company to increase energy prices.
NYT
* Britain said on Thursday that it would allow Chinese firms to buy stakes in British nuclear power plants and eventually acquire majority holdings. The agreement, which comes with caveats, opens the way for China's fast-growing nuclear industry to play a significant role in Britain's plans to proceed with construction of its first new reactor in nearly two decades.
* The hedge fund SAC Capital Advisors is moving closer to a plea deal with prosecutors that would force it to wind down its business of managing money for outside investors, punctuating its decline from the envy of Wall Street to a firm caught in the government's cross hairs. An agreement to stop operating as an investment adviser is one feature of a larger agreement SAC is negotiating as it seeks to resolve insider trading charges, according to people briefed on the case.
* On Thursday Goldman Sachs Group Inc announced that revenue in its fixed-income, currency and commodities division, a powerful unit inside the bank that in better years has produced more than 35 percent of its entire revenue, dropped 44 percent from year-ago levels. The weakness renewed worries about the headwinds that Goldman and other banks are facing in big money-producing areas like fixed-income trading.
* Google Inc impressed investors, but people's changing behavior on mobile phones and even on desktops threatens the company's main business. The results revealed the company's deep challenges: as its desktop search and advertising businesses mature, along with overall business in the United States, its growth rate is slowing and the amount of money it makes from each ad it sells is falling.
* The United States government sputtered back to life Thursday after President Obama and Congress ended a 16-day shutdown, reopening tourist spots and clearing the way for federal agencies to deliver services and welcome back hundreds of thousands of furloughed workers.
* There is a confusion over the text of the deal that Congress just approved and President Obama signed, but it does not kill the debt ceiling. At first glance, the "default prevention" section of the bill seemed to imply that the president would have the authority in the future to increase the country's debt unilaterally, and that Congress could stop him only by passing a bill forbidding it.
* Roughly 1,500 fires burn above western North Dakota because of the deliberate burning of natural gas by companies rushing to drill for oil without having sufficient pipelines to transport their production. With cheap gas bubbling to the top with expensive oil, the companies do not have an economic incentive to build the necessary gas pipelines, so they flare the excess gas instead.
* As European interest in American craft beers begins to mirror the mania for them stateside, the Duvel Moortgat Brewery of Belgium on Thursday announced a deal to buy the Boulevard Brewing Co, a craft brewery in Kansas City, Missouri.
Canada
THE GLOBE AND MAIL
* Canadian provinces have approved the free-trade agreement with the European Union, but key players Ontario and Quebec are insisting the federal government open its wallet to mitigate some of the impact, notably by compensating dairy producers. Prime Minister Stephen Harper arrived in Brussels on Thursday night and plans to meet with Jose Manuel Barroso, president of the European Commission, on Friday afternoon to sign the agreement.
* The shortage of skilled employees in Canada is deepening, and government policies that tightened the rules governing foreign workers have made the situation worse. That is the message of a new study from global recruiting firm Hays Plc, which surveyed the skills gap in 30 developed countries around the world.
Reports in the business section:
* Lenovo Group Ltd is joining the list of suitors considering a bid for BlackBerry Ltd , raising concerns that the Canadian company's ultra-secure communications network for the global elite might end up owned by a firm based in China.
* Imperial Oil Ltd is looking at a major revamp of its Mackenzie gas project that would see the stalled northern venture reborn as part of an expansive liquefied natural gas development, the company's chief executive says. A shift to LNG is under "serious" consideration as the Mackenzie pipeline's economics remain weak due to the flood of cheap shale gas across the continent, CEO Rich Kruger said in an interview at the company's Calgary headquarters.
NATIONAL POST
* The Quebec government has announced that it will contest the latest nomination to the Supreme Court of Canada, adding a new layer of controversy to the process. The provincial government says it is weighing different options to block the Harper government's appointment of Marc Nadon, which is already under attack.
FINANCIAL POST
* Canada's campaign to win approval in the United States for the Keystone XL pipeline may seem pricey, aggressive, and perhaps out of character - but it is a drop in the bucket compared with the resources and tactics of those rallying against it.
* Air Canada's chief executive, Calin Rovinescu, says he is pleased investors are starting to get on board with the dramatic transformation underway at his airline, including the near-elimination of its multi-billion-dollar pension funding deficit that has twice threatened to upend the company in recent years. But he said there are still plenty of challenges ahead for the country's largest carrier.
China
CHINA SECURITIES JOURNAL
- The China Securities Regulatory Commission approved China Everbright Bank Co Ltd's request to list H shares on Wednesday, according to sources. The bank plans to list in Hong Kong as early as November, but listing is subject to Hong Kong Stock Exchange approval.
- China has started laying the foundations for its fifth-generation mobile telephony network, said Dai Xiaohui, the deputy director of the Ministry of Science and Technology on Thursday at a communications forum.
CHINA DAILY
- China has investigated 129 officials at prefectural level or higher for suspected corruption and bribery from January through August this year, the Supreme People's Procuratorate said on Thursday.
PEOPLE'S DAILY
- Chinese officials should not blindly follow customary practices if such practices lead to waste or are not legal, said a commentary in the paper that acts as the government's mouthpiece. The article highlighted extravagance during opening and closing ceremonies as an example of a traditional practice best curbed.
SHANGHAI DAILY
- Beijing will take half the cars off the city's roads and suspend school classes when there are three straight days of heavy pollution, an official said on Thursday. The plan includes measures to increase buses and extend subway operating hours.
Fly On The Wall 7:00 AM Market Snapshot
ANALYST RESEARCH
Upgrades
AMAG Pharmaceuticals (AMAG) upgraded to Outperform from Neutral at RW Baird
Align Technology (ALGN) upgraded to Buy from Hold at Cantor
Amazon.com (AMZN) upgraded to Buy from Neutral at UBS
CBOE Holdings (CBOE) upgraded to Buy from Neutral at UBS
Essex Property Trust (ESS) upgraded to Buy from Neutral at UBS
Intuit (INTU) upgraded to Buy from Neutral at BofA/Merrill
Peabody Energy (BTU) upgraded to Outperform from Market Perform at BMO Capital
Union Pacific (UNP) upgraded to Buy from Neutral at Goldman
VMware (VMW) upgraded to Overweight from Neutral at JPMorgan
Verizon (VZ) upgraded to Buy from Hold at Deutsche Bank
Downgrades
AMD (AMD) downgraded to Neutral from Buy at BofA/Merrill
Alpha Natural (ANR) downgraded to Underperform from Market Perform at BMO Capital
Amarin (AMRN) downgraded to Neutral from Buy at Citigroup
Aspen Technology (AZPN) downgraded to Neutral from Overweight at JPMorgan
Baxter (BAX) downgraded to Market Perform from Outperform at Raymond James
Fairchild Semiconductor (FCS) downgraded to Hold from Buy at Canaccord
Home Bancshares (HOMB) downgraded to Market Perform from Outperform at Raymond James
International Rectifier (IRF) downgraded to Market Perform at Wells Fargo
LG Display (LPL) downgraded to Neutral from Outperform at Credit Suisse
Monolithic Power (MPWR) downgraded to Market Perform from Outperform at Wells Fargo
Navistar (NAV) downgraded to Underweight from Equal Weight at Barclays
Qualys (QLYS) downgraded to Neutral from Overweight at JPMorgan
SL Green Realty (SLG) downgraded to Hold from Buy at Cantor
Total (TOT) downgraded to Neutral from Buy at UBS
Ultratech (UTEK) downgraded to Hold from Buy at Canaccord
UnitedHealth (UNH) downgraded to Hold from Buy at Cantor
Initiations
Clean Harbors (CLH) initiated with an In-Line at Imperial Capital
Covanta (CVA) initiated with a Hold at Stifel
Fidelity National (FNF) initiated with a Neutral at Janney Capital
Finish Line (FINL) initiated with a Neutral at UBS
First American (FAF) initiated with a Buy at Janney Capital
Gaming & Leisure (GLPIV) initiated with an In-Line at Imperial Capital
Masonite International (DOOR) initiated with an Outperform at RBC Capital
New Residential (NRZ) initiated with a Buy at Sterne Agee
Spectrum Brands (SPB) initiated with an Outperform at BMO Capital
Stewart (STC) initiated with a Neutral at Janney Capital
U.S. Cellular (USM) initiated with an Underperform at FBR Capital
HOT STOCKS
Google CEO said 40% of YouTube traffic comes from mobile
Schlumberger (SLB) said global economic outlook remains unchanged
Fitch cut Darden (DRI) IDR to 'BBB-' from 'BBB', outlook stable
LabCorp (LH) board authorized additional $1B share repurchase program
AMD (AMD) sees PC shipments down 10% in 2013 and 2014
Waste Management (WM) to build renewable natural gas facility
EARNINGS
Companies that beat consensus earnings expectations last night and today include:
Sensient (SXT), F.N.B. Corp. (FNB), AMD (AMD), Las Vegas Sands (LVS), Capital One (COF), Covenant Transportation (CVTI), WD-40 (WDFC), Google (GOOG), Align Technology (ALGN)
Companies that missed consensus earnings expectations include:
Valmont (VMI), Kaiser Aluminum (KALU), B&G Foods (BGS), athenahealth (ATHN), Greenhill & Co. (GHL), Acacia Research (ACTG), Stryker (SYK), Chipotle (CMG)
Companies that matched consensus earnings expectations include:
OceanFirst Financial (OCFC), Western Alliance (WAL), Werner (WERN)
NEWSPAPERS/WEBSITES
- The long-running drama about when the Fed will start scaling back its $85B a-month bond-buying program might now last longer. It isn't clear when the first move will occur. The Fed is unlikely to start curtailing its bond buying at its next policy meeting Oct. 29-30, the Wall Street Journal reports
- Bank of America (BAC) is considering a checking account that wouldn't permit customers to overdraw their balances at an ATM or when making an automatic bill payment, sources say, the Wall Street Journal reports
- Ford (F) CEO Alan Mulally would not confirm or deny media reports that he is being sought to join Boeing (BA) and Microsoft (MSFT), Reuters reports
- Air France -KLM (AFLYY) is open to giving Alitalia its rightful role in a merged entity but only if certain conditions are met, CEO Alexandre de Juniac told French television. He said Alitalia needs deeper restructuring if Air France is to eventually hike its 25% stake and take control, Reuters reports
- DBS Group (DBSDY) is among banks that have advanced in bidding for Societe Generale’s (SCGLY) SA’s private banking assets in Asia, sources say. The division oversees about $13B, Bloomberg reports
- JPMorgan Chase (JPM) agreed to sell 1 Chase Manhattan Plaza to Fosun International, the investment arm of China’s biggest closely held industrial group, for $725M, Bloomberg reports
SYNDICATE
Cinedigm Digital (CIDM) files to sell 7.91M shares of Class A common stock
Crestwood Midstream (CMLP) files to sell 14M common units for limited partners
EV Energy (EVEP) files to sell 5M common units for limited partners
Evercore Partners (EVR) files to sell 3M shares of common stock
Stemline (STML) files to sell $90M of common stock
Voxeljet (VJET) 6.5M share IPO priced at $13.00
Your rating: None
‘Russia begins shipping arms to Iraq’
‘Russia begins shipping arms to Iraq’
‘Russia begins shipping arms to Iraq’
1000s hold anti-govt. demos in Haiti
‘Russia begins shipping arms to Iraq’
Russia has begun shipping arms to Iraq under a historic multi-billion-dollar contract signed between Baghdad and Moscow last year.
Ali al-Musawi, top media advisor to Iraqi Prime Minister Nouri al-Maliki, told Russia Today on Thursday that the agreement “entails primarily weapon shipments to combat terrorism.”
Baghdad and Moscow signed the $4.3-billion contract in October 2012, making Russia Iraq’s largest arms supplier after the US, but Iraqi authorities announced a month later that the deal had been annulled over Prime Minister Nouri Maliki concerns about "corruption" within his own team.
However, Anatoly Isaykin, the director general of Russia’s state-run arms trader Rosoboronexport, said in February that the agreement was not canceled, but it has not come into effect yet.
Musawi went on to say, “We really did have suspicions about this contract,” adding, “But in the end the deal was signed. We have currently started the process of implementing one of the stages of this contract.”
The Iraqi official also stated that Baghdad does not have any plan to acquire “offensive weapons” and said, “Bagdad only strives for securing its own sovereignty, defense of its wealth and fight against terrorism.”
Reports at the time of inking the deal indicated that it involved Iraq’s purchase of 30 Mi-28 attack helicopters and 42 Pantsir-S1 surface-to-air missile systems.
Musawi said Iraq was primarily interested in possessing helicopters in an effort to enable its army to hunt down the terrorists staging attacks across the country.
Iraq has been grappling with a spike in bombings and shooting attacks over the past months.
MKA/HSN/HMV
1000s hold anti-govt. demos in Haiti
1000s hold anti-govt. demos in Haiti
1000s hold anti-govt. demos in Haiti
1000s hold anti-govt. demos in Haiti
1000s hold anti-govt. demos in Haiti
1000s hold anti-govt. demos in Haiti
1000s hold anti-govt. demos in Haiti
1000s hold anti-govt. demos in Haiti
1000s hold anti-govt. demos in Haiti
1000s hold anti-govt. demos in Haiti
1000s hold anti-govt. demos in Haiti
1000s hold anti-govt. demos in Haiti
1000s hold anti-govt. demos in Haiti
1000s hold anti-govt. demos in Haiti
1000s hold anti-govt. demos in Haiti
1000s hold anti-govt. demos in Haiti
1000s hold anti-govt. demos in Haiti
1000s hold anti-govt. demos in Haiti
1000s hold anti-govt. demos in Haiti
1000s hold anti-govt. demos in Haiti
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