[CTRL] Fwd: U.S. Won't Tell Britons Why They're Banned From Travelling To America

2007-08-29 Thread RoadsEnd

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Begin forwarded message:


From: [EMAIL PROTECTED]
Date: August 27, 2007 11:24:31 AM PDT
To: [EMAIL PROTECTED]
Cc: [EMAIL PROTECTED], [EMAIL PROTECTED]
Subject: Fwd: U.S. Won't Tell Britons Why They're Banned From  
Travelling To America





Get a sneak peek of the all-new AOL.com.

From: Jim S. [EMAIL PROTECTED]
Date: August 26, 2007 3:12:12 PM PDT
To: [EMAIL PROTECTED]
Subject: U.S. Won't Tell Britons Why They're Banned From Travelling  
To America

Reply-To: [EMAIL PROTECTED]


http://www.dailymail.co.uk/pages/live/articles/news/news.html? 
in_article_id=477814in_page_id=1770



*U.S. Won't Tell Britons Why They're Banned From Travelling To  
America*

By JASON LEWIS
Last updated at 23:12 p.m. on 25th August 2007

British holidaymakers and businessmen banned from travelling to  
America under
anti-terror laws will no longer have any right to know why they  
have been turned

away.

The U.S. Department of Homeland Security, set up following the  
September 11
attacks, last week applied for a blanket ban on disclosing the  
information it

holds on Britons and other E.U. citizens.

Last month, Britain agreed to send the secretive U.S. department  
all details of

U.K. passengers before they fly to America.

The agency was given full access to huge amounts of information on  
individual
passengers, including details of their credit cards, home  
addresses, e-mail
addresses, frequent-flier records, and even requests for special  
meals.


And, despite a huge privacy row in the European Parliament, it was  
also given
permission to keep the airlines' lists of passengers' names for at  
least eight years.


The Department of Homeland Security last week said it intended to  
make this
information available for 'routine use' by the intelligence  
community 'to protect
the United States from terrorist threats' and to tackle cases of  
identity theft.


But it said it was also applying for a complete ban on disclosing  
the information

it holds on individuals and then uses to turn passengers away.

Last week, it published a notice of proposed rulemaking for an  
exception from
the U.S. Privacy Act, which allows individuals to check records the  
American

government holds on them.

The law is supposed to allow anyone to check files for mistakes but  
the new
exception rule is being brought in on the grounds of national  
security and law

enforcement.
 Msg sent via CWNet  -
http://www.cwnet.com/





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That being said, CTRLgives no endorsement to the validity of posts, and
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[CTRL] Fwd: Angel is Next (Who's the Devil?)

2007-08-29 Thread RoadsEnd

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Begin forwarded message:


From: [EMAIL PROTECTED]
Date: August 28, 2007 10:39:48 AM PDT
To: [EMAIL PROTECTED]
Cc: [EMAIL PROTECTED], [EMAIL PROTECTED], [EMAIL PROTECTED]
Subject: Angel is Next (Who's the Devil?)

http://coverthistory.blogspot.com/

The Assassination Attempt

on President George W. Bush

I have posted often at this blog on the assassination of President  
John F. Kennedy.
It occurs to me that I have never posted on the unsuccessful  
assassination attempt on George W. Bush on the morning of September  
11, 2001.  I first read about this in Daniel Hopsicker's Welcome to  
Terrorland.  (If you haven't read this book, click on the previous  
link and order it now.)



Cooperative Research summarizes the story:
At about the same time Bush was getting ready for his jog, a van  
carrying several Middle Eastern men pulled up to the Colony’s guard  
station. The men said they were a television news crew with a  
scheduled “poolside” interview with the president. They asked for a  
certain Secret Service agent by name. The message was relayed to a  
Secret Service agent inside the resort, who hadn’t heard of the  
agent mentioned or of plans for an interview. He told the men to  
contact the president’s public relations office in Washington, DC,  
and had the van turned away. [Longboat Observer, 9/26/01]


General Ahmed Shah Massoud

The Secret Service may have foiled an assassination attempt. Two  
days earlier, Ahmed Shah Massoud, leader of Afghanistan’s Northern  
Alliance, had been murdered by a similar ruse. Two North African  
men, posing as journalists from “Arabic News International,” had  
been requesting an interview with Massoud since late August. Ahmad  
Jamsheed, Massoud’s secretary, said that by the night of September  
8, “they were so worried and excitable, they were begging us.” An  
interview was arranged for the following day. As it began, a bomb  
hidden in the video camera exploded, killing the two journalists.  
Massoud was rushed by helicopter to a hospital in Tajikistan, but  
was pronounced dead on arrival (although his death was not  
acknowledged until September 15). [International Policy Institute  
for Counter-Terrorism, 10/30/01, Newsday, 10/26/01]

Threat to Air Force One

Also from Cooperative Research:

Shortly after takeoff, Cheney apparently informed Bush of “a  
credible threat” to Air Force One. [AP, 9/13/01 (D)] US  
Representative Adam Putnam “had barely settled into his seat on Air  
Force One… when he got the news that terrorists apparently had set  
their sights on the plane.” [Orlando Sentinel, 9/14/01] The Secret  
Service had received an anonymous call: “Air Force One is next.”  
The caller allegedly knew the agency’s code words relating to Air  
Force One procedures.
Cooperative Research concludes that this threat was just White  
House spin:


It turned out the entire story was made up. [Washington Post,  
9/27/01] The press expressed considerable skepticism about the  
story. For instance, one Florida newspaper thought Fleischer’s  
disclosure was “an apparent effort to explain why the president was  
flown to Air Force bases” before returning to Washington. [St.  
Petersburg Times, 9/13/01]
But was it? Was the threat to Air Force One just spin or something  
much more sinister?


Angel is next!
Webster Griffin Tarpley sees it differently:



Look, this is a forgotten clue of 9/11, which seems to me is the  
most important, because this is when the invisible government  
speaks. You may remember that at one point during the morning,  
10:00 probably on 9/11, a death threat against Bush came into the  
Secret Service, saying,
Angel is next.   It essentially means, Air Force One will be shot  
down as the next step in these developments.


There’s no doubt that this telephone call took place, it was  
confirmed by Cheney indirectly, Condoleeza Rice very directly, many  
other Republicans directly, then later on it was denied. ‘Oh it was  
a confused or garbled message that came in.’


At the beginning it seemed to serve Bush, because it seemed to  
explain why he had gone from Florida to Louisiana to Nebraska. Why  
he had been running across the country, scurrying away, instead of  
taking up his position in Washington, but as time went on, that  
became less important, and what became more important was that with  
this little message, you are opening up the world of the secret  
government which otherwise hardly appears to the superficial observer.


‘Angel is next.’ Implies the top-secret codename or codeword for  
the Presidential aircraft, Air Force One. I go into intelligence  
agency reports, now let me just make a parenthesis, (9/11 didn’t  
occur in a vacuum, it occurs in a world in which there are others  
watching. Who’s watching? Well, Russia’s watching, Israel’s  
watching very much, the French are watching, there’s Germans,  
Japan…), what I found is 3 separate reports, one is the Réseau  
Voltaire which is obviously 

[CTRL] Fwd: Top Officials Dirty-Bomb-Terrorist-Attack Exercise #4 Scheduled for Oct 2007

2007-08-29 Thread RoadsEnd

-Caveat Lector-



Begin forwarded message:


From: [EMAIL PROTECTED]
Date: August 27, 2007 3:59:52 PM PDT
To: [EMAIL PROTECTED]
Cc: [EMAIL PROTECTED], [EMAIL PROTECTED], [EMAIL PROTECTED]
Subject: Top Officials Dirty-Bomb-Terrorist-Attack Exercise #4  
Scheduled for Oct 2007


http://www.dhs.gov/xprepresp/training/gc_1179430526487.shtm

The TOPOFF 4* Full-Scale Exercise

A Rigorous Full-Scale Response to a Coordinated Attack

Taking place October 15-24, 2007, the TOPOFF 4 Full-Scale Exercise  
(T4 FSE) will feature thousands of Federal, State, territorial, and  
local officials. These officials will engage in various activities  
as part of a robust, full-scale simulated response to a multi- 
faceted threat. The exercise will address policy and strategic  
issues that mobilize prevention and response systems, require  
participants to make difficult decisions, carry out essential  
functions, and challenge their ability to maintain a common  
operating picture during an incident of national significance. As  
in a real-world response, agencies and organizations will deploy  
staff into the field and will face realistic incident-specific  
challenges, including the allocation of limited response resources  
and exercise actions needed to effectively manage conditions as  
they emerge. Planning and preparation for the exercise will also  
help strengthen working relationships between departments and  
agencies that are critical to successful prevention and response in  
real emergencies.


Extensive National Participation

The T4 FSE will involve more than 15,000 participants representing  
Federal, State, territorial, and local entities. For the first  
time, a U.S. Territory, Guam, will participate in the TOPOFF  
series, providing an opportunity to practice coordinated prevention  
and response activities between the continental U.S. and a U.S.  
territory. At the Federal level, exercise play will be marked by  
the coordinated participation of multiple agencies and departments.


For example, in addition to response, DHS will be exercising  
prevention through its Terrorism Prevention Exercise Program  
(TPEP). In the weeks leading up to the full-scale exercise, law  
enforcement and intelligence community players will work the  
information gathering, intelligence analysis, and information  
sharing capabilities that help to thwart terrorist activities. In  
addition, the U.S. Department of Health and Human Services (HHS)  
will mobilize around emerging public health issues related to a  
radiological emergency, and the U.S. Department of Defense (DoD)  
will run concurrent exercises to address global terror threats.


Exercise Scenario

The T4 FSE is based on National Planning Scenario 11 (NPS-11). The  
scenario begins as terrorists, who have been planning attacks in  
Oregon, Arizona, and the U.S. Territory of Guam, successfully bring  
radioactive material into the United States. The first of three  
coordinated attacks occurs in Guam, with the simulated detonation  
of a Radiological Dispersal Device (RDD), or “dirty bomb,” causing  
casualties and wide-spread contamination in a populous area near a  
power plant. Similar attacks occur in the hours that follow in  
Portland and Phoenix. An RDD is not the same as a nuclear attack.  
It is a conventional explosive that, upon detonation, releases  
radioactive material into the surrounding area. Although it does  
not cause the type of catastrophic damage associated with a nuclear  
detonation, there are severe rescue, health, and long-term  
decontamination concerns associated with an RDD. Real weapons will  
not be used in the scenario, but the response will be mounted as if  
they had been.


This page was last modified on May 29, 2007

--

Private Sector Participation

for *Top Officials 4 Exercise

Top Officials Exercises are congressionally mandated exercises  
designed to strengthen the nation’s capacity to prevent, prepare  
for, respond to, and recover from large-scale terrorist attacks  
involving weapons of mass destruction (WMDs).  The Top Officials  
national counterterrorism exercises offer the private sector an  
opportunity to collaborate with the government and test plans for  
disaster response and recovery. Exercising together —private sector  
and government— can improve our preparedness posture in any crisis.


View testimonials from private sector officials who participated in  
a Top Officials exercise as they discuss the value of participating  
in the planning and execution of a simulated terrorism incident to  
stress their emergency plans and procedures. Note: Video may take  
up to 5-7 minutes to download, and requires a broadband connection.


For further information about participating in the Top Officials 4  
exercises, email [EMAIL PROTECTED]





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[CTRL] Fwd: What Do You Get When You Cross a Democrat with a Zombie? The Same Democrat.

2007-08-29 Thread RoadsEnd

-Caveat Lector-



Begin forwarded message:


From: [EMAIL PROTECTED]
Date: August 28, 2007 11:25:28 AM PDT
To: [EMAIL PROTECTED]
Cc: [EMAIL PROTECTED], [EMAIL PROTECTED], [EMAIL PROTECTED]
Subject: What Do You Get When You Cross a Democrat with a Zombie?   
The Same Democrat.



Impeach Cheney and Bush,

then Impeach John Conyers



Slow-Dancing With Conyers

by Cheryl Biren-Wright

August 26, 2007 at 17:24:45

http://www.opednews.com





The People's March for Peace, Equality, Jobs, and Justice on  
Saturday, August 25 in Newark, New Jersey brought thousands of  
impassioned pleas for the impeachment of President George W. Bush  
and Vice President Dick Cheney. It also brought Congressman John  
Conyers to the stage to promote the very popular National Health  
Insurance Bill, H.R. 676.






While the discussion of health insurance for all and the great  
congressman from Michigan were well-received with cheers and  
applause, the cries for impeachment took center stage. In what has  
become routine now, Conyers fed into the momentum asking What  
should we do? IMPEACH! cried the crowd. What should we do?  
IMPEACH! and so it was repeated. The congressman went on to  
declare that we needed to bring back Rumsfeld and put him on trial  
and the big question was to decide who ought to go first. Cheney!  
shouted the crowd enthusiastically.




Some knowing impeach activists in the crowd called the bluff asking  
When are you going to act on this?


He replied that he was going to meet with impeachment activists.  
When?! they called. Right after this march. Right here! and he  
pointed back stage.


NJ impeachment activists, Stuart Hutchison (North), Cheryl Biren- 
Wright and Joanne O'Neill (South) as well as a representative from  
Central NJ positioned themselves behind stage to avoid getting the  
slip.


After a few condescending and sarcastic assurances from the  
legislative aide that Sure, sure, the congressman will meet you  
right here, they slowly maneuvered their way towards Rep. Conyers.  
By then, word had spread through the crowd that Conyers, not only  
was going to meet with impeachment supporters, but was going to  
sign onto H. Res. 333 on Monday. As the activists greeted the  
congressman, a warm exchange and introductions were made. We're  
very pleased to hear that you've agreed to sign on to H. Res. 333  
on Monday, announced Hutchison despite his doubt that this would  
actually be carried out.


Conyers did not deny he said that, but replied Well, you know I  
can't do it Monday, we're not in session.


Biren-Wright interjected by pulling out a cell phone and suggested  
they could call Kucinich right there.


Conyers proceeded, ...and, I can't do it on the 6th or the  
13th...but I'll be back here in November.


The NJ Impeach Group persisted and Conyers prepared to setup his  
next deal.


Listen, he said, You keep working here in New Jersey. You get  
one representative from New Jersey...


The members precipitously jumped in declaring, We've got one!

Conyers was taken aback and shot a look at assistant, Joel Segal.

Who? inquired Conyers. Congressman Donald Payne who is on his  
way here right now, they replied.


Payne, New Jersey's only member of both the Congressional  
Progressive Caucus and Congressional Black Caucus signed on to H.  
Res. 333 after a strong campaign by the NJ Impeach Groups and a  
sealing of the deal by David Swanson of afterdowningstreet.com last  
month. The congressman, who represents the city of Newark, was on  
his way to join Conyers in leading the march and addressing the crowd.


Rep. Conyers struggled to respond to this unexpected news and  
suddenly his approach was less amicable and more direct.


He searched each activist intently asking Do you know what will  
happen if this moves forward and doesn't succeed? Do you have any  
idea? as if the mere thought was too much to bear.




The representatives replied that they understood the consequences  
of not moving on it and that is where the real danger was.


Despite the contentions of some critics, Conyers readily  
acknowledged that as chair of the judiciary, he holds the power to  
propel the impeachment process forward. However, he insisted that a  
campaign to impeach that was not successful would have dire  
consequences -- presumably politically and presumably for him  
personally.


The NJ Impeach Group explained that the success would be acquired  
through defending the Constitution and standing up to an  
administration that has committed a felony and grave abuses of  
power. They reiterated that this was the will of the people and  
that a growing number of democratic constituents are positioned to  
walk away from the party if the dems do not hold this  
administration accountable.


Conyers stood firm in his position, which begs the question of why  
he continues to urge crowds to support taking out Bush and Cheney  
before their term expires.


The discussion was stuck in a 

[CTRL] Fwd: National Academy Of Sciences Member Labels 9/11 a False Flag Operation

2007-08-29 Thread RoadsEnd

-Caveat Lector-



Begin forwarded message:


From: [EMAIL PROTECTED]
Date: August 28, 2007 8:40:49 PM PDT
To: [EMAIL PROTECTED]
Cc: [EMAIL PROTECTED], [EMAIL PROTECTED], [EMAIL PROTECTED],  
[EMAIL PROTECTED]
Subject: National Academy Of Sciences Member Labels 9/11 a False  
Flag Operation


National Academy Of Sciences Member
Calls For New 9/11 Investigation,
Says Official Explanation A 'Fraud'

8-28-7
http://rense.com/general78/fraud.htm

World renowned scientist, Lynn Margulis, Ph.D., today severely  
criticized the official account of 9/11 and called for a new  
investigation:
I suggest that those of us aware and concerned demand that the  
glaringly erroneous official account of 9/11 be dismissed as a  
fraud and a new, thorough, and impartial investigation be undertaken.
One of America's most prominent scientists, Dr. Margulis is  
Distinguished University Professor in the Department of  
Geosciences, University of Massachusetts - Amherst. She was elected  
to the National Academy of Sciences in 1983 and served as Chairman  
of the Academy's Space Science Board Committee on Planetary Biology  
and Chemical Evolution.

In 1999, President Bill Clinton presented Dr. Margulis with the
http://www.nsf.gov/od/nms/recip_details.cfm?recip_id=228
National Medal of Science, America's highest honor for scientific  
achievement, for her outstanding contributions to understanding of  
the development, structure, and evolution of living things, for  
inspiring new research in the biological, climatological,  
geological and planetary sciences, and for her extraordinary  
abilities as a teacher and communicator of science to the public.
In her statement on http://www.patriotsquestion911.com/ 
professors.html#Margulis
PatriotsQuestion911.com, Dr. Margulis referred to 9/11 as this  
false-flag operation, which has been used to justify the wars in  
Afghanistan and Iraq as well as unprecedented assaults on research,  
education, and civil liberties.
She compared 9/11 to several self-inflicted attacks that had been  
used in the past to arouse people's fear and hatred and justify  
war, including the sinking of the USS Maine in Havana Harbor, the  
Reichstag Fire, and Operation Himmler, which Germany used to  
justify the invasion of Poland, the trigger for World War II.


Dr. Margulis credited the research and clear writing by
http://www.patriotsquestion911.com/professors.html#Griffin
David Ray Griffin in his fabulous books about 9/11 for providing  
much of the information that formed her opinion about 9/11. She  
specifically lauded http://www.interlinkbooks.com/product_info.php? 
products_id=1326osCsid=5a22b94fffd724962a118f454c5d7194

The New Pearl Harbor and
http://www.interlinkbooks.com/product_info.php? 
products_id=983osCsid=5a22b94fffd724962a118f454c5d7194
The 9/11 Commission Report: Omissions and Distortions, which  
provides overwhelming evidence that the official story is  
contradictory, incomplete, and unbelievable.
Internationally acclaimed for her ground-breaking scientific work,  
Dr. Margulis is an elected member of http://www.worldacademy.org/
The World Academy of Art and Science, an organization of 500 of the  
world's leading thinkers, chosen for eminence in art, the natural  
and social sciences, and the humanities.
And in 2006, she was selected as one of The 20th Century's 100  
Most Important Inspirational Leaders by the editors of http:// 
www.resurgence.org/index.htm Resurgence magazine.

Dr. Margulis' full statement can be read at
http://www.patriotsquestion911.com/professors.html#Margulis
PatriotsQuestion911.com.
More information about Dr. Margulis' career can be found at http:// 
www.sciencewriters.org

.



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www.ctrl.org
DECLARATION  DISCLAIMER
==
CTRL is a discussion  informational exchange list. Proselytizing propagandic
screeds are unwelcomed. Substance—not soap-boxing—please!   These are
sordid matters and 'conspiracy theory'—with its many half-truths, mis-
directions and outright frauds—is used politically by different groups with
major and minor effects spread throughout the spectrum of time and thought.
That being said, CTRLgives no endorsement to the validity of posts, and
always suggests to readers; be wary of what you read. CTRL gives no
credence to Holocaust denial and nazi's need not apply.

Let us please be civil and as always, Caveat Lector.

Archives Available at:

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[CTRL] Fwd: Where Was Gen. Petraeus When Weapons Worth Billion$ Disappeared in Iraq?

2007-08-29 Thread RoadsEnd

-Caveat Lector-



Begin forwarded message:


From: [EMAIL PROTECTED]
Date: August 28, 2007 7:38:30 PM PDT
To: [EMAIL PROTECTED]
Cc: [EMAIL PROTECTED], [EMAIL PROTECTED], [EMAIL PROTECTED]
Subject: Where Was Gen. Petraeus When Weapons Worth Billion$  
Disappeared in Iraq?


Iraq Weapons Are a Focus of Criminal Investigations
By JAMES GLANZ and ERIC SCHMITT
New York Times, August 28, 2007
http://www.nytimes.com/2007/08/28/world/middleeast/28military.html? 
ei=5065en=b439102b6d2b8b9aamp;amp;ex=1188878400partner=MYWAYpagewa 
nted=print
BAGHDAD, Aug. 27 — Several federal agencies are investigating a  
widening network of criminal cases involving the purchase and  
delivery of billions of dollars of weapons, supplies and other  
matériel to Iraqi and American forces, according to American  
officials. The officials said it amounted to the largest ring of  
fraud and kickbacks uncovered in the conflict here.


The inquiry has already led to several indictments of Americans,  
with more expected, the officials said. One of the investigations  
involves a senior American officer who worked closely with Gen.  
David H. Petraeus in setting up the logistics operation to supply  
the Iraqi forces when General Petraeus was in charge of training  
and equipping those forces in 2004 and 2005, American officials  
said Monday.


There is no indication that investigators have uncovered any  
wrongdoing by General Petraeus, the top commander in Iraq, who  
through a spokesman declined comment on any legal proceedings.


This article is based on interviews with more than a dozen federal  
investigators, Congressional, law enforcement and military  
officials, and specialists in contracting and logistics, in Iraq  
and Washington, who have direct knowledge of the inquiries. Many  
spoke on condition of anonymity because there are continuing  
criminal investigations.


The inquiries are being pursued by the Army Criminal Investigation  
Command, the Department of Justice, and the Federal Bureau of  
Investigation, among other agencies.


Over the past year, inquiries by federal oversight agencies have  
found serious discrepancies in military records of where thousands  
of weapons intended for Iraqi security forces actually ended up.  
None of those agencies concluded that weapons found their way to  
insurgents or militias.


In their public reports, those agencies did not raise the  
possibility of criminal wrongdoing, and General Petraeus has said  
that the imperative to provide weapons to Iraqi security forces was  
more important than maintaining impeccable records.


In an interview on Aug. 18, General Petraeus said that with ill- 
equipped Iraqi security forces confronting soaring violence across  
the country in 2004 and 2005, he made a decision not to wait for  
formal tracking systems to be put in place before distributing the  
weapons.


“We made a decision to arm guys who wanted to fight for their  
country,” General Petraeus said.


But now, American officials said, part of the criminal  
investigation is focused on Lt. Col. Levonda Joey Selph, who  
reported directly to General Petraeus and worked closely with him  
in setting up the logistics operation for what were then the  
fledgling Iraqi security forces.


That operation moved everything from AK-47s, armored vehicles and  
plastic explosives to boots and Army uniforms, according to  
officials who were involved in it. Her former colleagues recall  
Colonel Selph as a courageous officer who was willing to take  
substantial personal risks to carry out her mission and was  
unfailingly loyal to General Petraeus and his directives to move  
quickly in setting up the logistics operation.


“She was kind of like the Pony Express of the Iraqi security  
forces,” said Victoria Wayne, who was then deputy director of  
logistics for the overall Iraqi reconstruction program.


Still, Colonel Selph also ran into serious problems with a company  
she oversaw that failed to live up to a contract it had signed to  
carry out part of that logistics mission.


It is not clear exactly what Colonel Selph is being investigated  
for. Colonel Selph, reached by telephone twice on Monday, said she  
would speak to reporters later but did not answer further messages  
left for her.


The enormous expenditures of American and Iraqi money on the Iraq  
reconstruction program, at least $40 billion over all, have been  
criticized for reasons that go well beyond the corruption cases  
that have been uncovered so far. Weak oversight, poor planning and  
seemingly endless security problems have contributed to many of the  
program’s failures.


The investigation into contracts for matériel to Iraqi soldiers and  
police officers is part of an even larger series of criminal cases.  
As of Aug. 23, there were a total of 73 criminal investigations  
related to contract fraud in Iraq, Kuwait and Afghanistan, Col. Dan  
Baggio, an Army spokesman said Monday. Twenty civilians and  

[CTRL] Fwd: Getting Richer as the Housing Bubble Bursts: CARLYLE GROUP

2007-08-29 Thread RoadsEnd

-Caveat Lector-



Begin forwarded message:


From: [EMAIL PROTECTED]
Date: August 28, 2007 11:10:52 AM PDT
To: [EMAIL PROTECTED]
Cc: [EMAIL PROTECTED], [EMAIL PROTECTED], [EMAIL PROTECTED]
Subject: Getting Richer as the Housing Bubble Bursts: CARLYLE GROUP

Home Depot Agrees to

Lower Price for Supply Arm

By Thomas Heath
Washington Post, August 26, 2007; 7:34 PM
http://www.washingtonpost.com/wp-dyn/content/article/2007/08/26/ 
AR2007082601039.html?hpid=moreheadlines



Home Depot has reached a deal with a consortium of private-equity  
firms headed by Carlyle Group to sell its supply arm, HD Supply,  
for $8.5 billion, down 20% from its original asking price of $10.3  
billion, according to sources close to the negotiations.


The deal was reached Sunday after weekend-long negotiations between  
District-based Carlyle Group, Home Depot and several banks,  
according to sources who spoke on condition of anonymity because  
they were not authorized to comment publicly.





Get a sneak peek of the all-new AOL.com.



www.ctrl.org
DECLARATION  DISCLAIMER
==
CTRL is a discussion  informational exchange list. Proselytizing propagandic
screeds are unwelcomed. Substance—not soap-boxing—please!   These are
sordid matters and 'conspiracy theory'—with its many half-truths, mis-
directions and outright frauds—is used politically by different groups with
major and minor effects spread throughout the spectrum of time and thought.
That being said, CTRLgives no endorsement to the validity of posts, and
always suggests to readers; be wary of what you read. CTRL gives no
credence to Holocaust denial and nazi's need not apply.

Let us please be civil and as always, Caveat Lector.

Archives Available at:

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[CTRL] Fwd: Backed by the Military, New Turkish President Casts an Eye on Kurds in Iraq

2007-08-29 Thread RoadsEnd

-Caveat Lector-



Begin forwarded message:


From: [EMAIL PROTECTED]
Date: August 28, 2007 12:12:07 PM PDT
To: [EMAIL PROTECTED]
Cc: [EMAIL PROTECTED], [EMAIL PROTECTED], [EMAIL PROTECTED]
Subject: Backed by the Military, New Turkish President Casts an Eye  
on Kurds in Iraq


Is Turkey Facing an Islamist Future?

TIME, Aug. 28, 2007
By PELIN TURGUT
http://www.time.com/time/world/article/0,8599,1656893,00.html



Abdullah Gul poses in his office in Ankara
Umit Bektas / REUTERS

Turkey today passed a political landmark when, for the first time  
in its history, a politician rooted in political Islam was elected  
president.  Bringing four months of government turmoil to an end,  
Abdullah Gul won the post on the third round of balloting by the  
nation's parliament.


Originally nominated in April by Prime Minister Recep Tayyip  
Erdogan, co-founder with Gul of the Justice and Development Party  
(AKP), Gul's name on the slate evoked thinly veiled threats of a  
coup by Turkey's staunchly secularist military.


Seeking a public mandate, Erdogan defiantly called early elections  
and, in what was widely seen as a popular snub to the military, the  
AKP was swept back into power with a resounding 47% of the vote.


Erdogan then pushed ahead with Gul's nomination, despite calls to  
name a more centrist candidate to stand for a position which is not  
particularly powerful but carries tremendous symbolic weight  
because it was once held by the country's Westernizing nation- 
builder, Mustafa Kemal Ataturk.
If Gul's presidency heralds the start of a new era for Turkey, it's  
far from clear what that new era is going to hold. Is this the  
beginning of a new period of compromise, or the start of secularist- 
Islamist strife? wrote columnist Mehmet Ali Birand.


A former foreign minister, Gul is widely known as a coalition- 
builder who played a key role in Turkey's European Union membership  
bid, but his background in political Islam makes him unpalatable to  
secularists.


The military appears to have accepted his victory but it signaled  
yesterday that it could step in if it ever felt Turkey's separation  
between religion and state was threatened.


Armed forces chief General Yasar Buyukanit warned against centers  
of evil that systematically try to corrode the secular nature of  
the Turkish Republic.


To date, the AKP have carved out a reputation as reformers;  
starting accession talks to join the European Union, introducing  
reforms under which the economy has boomed and improving human  
rights. Despite several misfires — like trying to introduce a ban  
on adultery — they appear to be moving towards the political center.


But Turkey's secularists remain deeply suspicious. Pointing to  
Gul's background as formerly hardline Islamists, they argue that  
the AKP harbors a secret Islamist agenda.


As president, Gul has the power to approve or veto legislation, and  
secularists fear that he will sign into law any bill passed by  
Erdogan's government without concern for the separation of religion  
and politics.


They are also infuriated by the fact that his wife Hayrunnisa dons  
a headscarf — Islamic attire is restricted in government offices  
under laws which date back to Ataturk's reforms.


Much now rides on Gul's shoulders. He will determine developments.  
Everything depends on his personality, and the attitude he takes,  
says Birand. Educated in the U.K., Gul has made a name for himself  
in recent years as a moderate politician, well-liked by diplomats,  
who is keenly in favor of Turkey's bid to join the E.U. As long as  
he maintains that demeanor, his election today could yet mark the  
decisive end of a turbulent chapter in Turkish politics, not the  
beginning.




A Turkish Move Into Iraq?

TIME, May. 25, 2007
By PELIN TURGET/ISTANBUL
http://www.time.com/time/world/article/0,8599,1625405,00.html? 
xid=rss-worldiid=sphere-inline-sidebar



An explosion at a shopping mall in Turkey's capital, Ankara, on  
Tuesday killed six people and injured 56.

Photoshot / Landov

According to its Prime Minister, Turkey may launch an attack on  
Kurdish guerrillas in Iraq, despite likely U.S. opposition. After a  
bomb killed six people in the capital of Ankara on May 22, many  
Turkish officials are calling for retaliation against the Kurdistan  
Workers Party (PKK), which they blame for the attack. The PKK,  
which has been fighting for Kurdish self-rule in southeastern  
Turkey since 1984 and is based in the mountains of north Iraq, has  
denied responsibility for the bomb.


Turkey's powerful military has frequently indicated its readiness  
to launch a cross-border operation, but Prime Minister Recep Tayyip  
Erdogan has resisted — until now.


Newly under pressure from the secularist army over his party's  
Islamic roots, Erdogan's thinking about military action in Iraq has  
clearly changed, telling the ATV Turkish television network that  
parliament would now 

[CTRL] Fwd: U.S. Troops Seize Iranian Guests of the Iraqi Gov't in Baghdad Sheraton Hotel

2007-08-29 Thread RoadsEnd

-Caveat Lector-



Begin forwarded message:


From: [EMAIL PROTECTED]
Date: August 28, 2007 8:03:18 PM PDT
To: [EMAIL PROTECTED]
Cc: [EMAIL PROTECTED], [EMAIL PROTECTED], [EMAIL PROTECTED]
Subject: U.S. Troops Seize Iranian Guests of the Iraqi Gov't in  
Baghdad Sheraton Hotel


U.S. troops raid Baghdad's Sheraton hotel

http://www.usatoday.com/news/world/iraq/2007-08-28-iraq-us-iran_N.htm 
BAGHDAD (AP) — American troops raided a Baghdad hotel Tuesday night  
and took away a group of about 10 people that a U.S.-funded radio  
station said included six members of an Iranian delegation here to  
negotiate contracts with Iraq's government.
The Iranian Embassy did not confirm the report. But it said seven  
Iranians — an embassy employee and six members of a delegation from  
Iran's Electricity Ministry — were staying at the Sheraton Ishtar  
Hotel, which was the one raided by U.S. soldiers.


An arrest of Iranian officials would add to tensions between  
Washington and Tehran already strained by the detention of each  
other's citizens as well as U.S. accusations of Iranian involvement  
in Iraq's violence and alleged Iranian efforts to develop nuclear  
bombs.



Videotape shot Tuesday night by Associated Press Television News  
showed U.S. troops leading about 10 blindfolded and handcuffed men  
out of the hotel in central Baghdad. Other soldiers carried out  
what appeared to be luggage and at least one briefcase and a laptop  
computer bag.


A U.S. military spokesman, Lt. Col. Christopher Garver, declined to  
comment, saying the action was part of an operation that had not  
been completed.


In Washington, State Department spokesman Tom Casey said, I've  
seen that report but I can't verify it.
The Internet site of Radio Sawa, an Arabic language station  
financed by the United States, said Iranian officials were detained  
and taken to an unknown location. It said the Iranian delegation  
was in Baghdad to negotiate contracts on electric power stations.


An Iranian diplomat told The Associated Press that the Iranian  
Embassy had notified Iraqi authorities about the Radio Sawa report.  
The diplomat refused to give his name.


Iran has constantly complained about the U.S. detention since Jan.  
11 of five Iranians who were in the northern Iraqi city of Irbil.  
U.S. officials say the five include the operations chief and other  
members of Iran's elite Quds Force, which is accused of arming and  
training Iraqi militants.


The Iranian regime denies any involvement in the violence wracking  
its neighbor.


On Tuesday, U.S. President George W. Bush lashed out at Iran for  
meddling in Iraq's affairs and fomenting instability in its  
neighbor. Bush made his remarks in a speech to the American Legion  
convention in Reno, Nevada, in which he presented a ringing defense  
of the unpopular Iraq war effort.


I have authorized our military commanders in Iraq to confront  
Tehran's murderous activities, said Bush, whose administration has  
accused Iran of arming Shiite militias in Iraq. The Iranian regime  
must halt these actions.


U.S. authorities are unhappy about Iran's arrest of four people  
with dual American-Iranian citizenship for allegedly seeking to  
undermine the Islamic republic's security. Two are imprisoned in  
Iran, while two are free but barred from leaving the country.


Relations also are edgy over the suspicions of the U.S. and its  
allies that Tehran is using its civilian nuclear power program as a  
screen to develop atomic weapons. Iran denies that, saying the  
program only has the peaceful aim of generating electricity.


The strains have many people in the region worried about the  
possibility of fighting between the U.S. and Iran.


But while making his latest defense of Iran's nuclear program  
earlier Tuesday, Iranian President Mahmoud Ahmadinejad dismissed  
the possibility of any U.S. military action against Iran, saying  
Washington has no plan and is not in a position to take such action.


Ahmadinejad declared that U.S. political influence in Iraq is  
collapsing rapidly and that Tehran is ready to help fill any  
power vacuum.



--

Bush warns of 'nuclear holocaust'


http://abc.net.au/news/stories/2007/08/29/2018049.htm?section=world
The United States has demanded that Iran end any support for  
extremists in Iraq at once and raised the spectre of a nuclear  
holocaust in the Middle East if Iran gets atomic weapons.


US President George W Bush branded the Islamic Republic the  
world's leading state sponsor of terrorism, citing its backing of  
Hamas, Hezbollah, Palestinian Islamic Jihad and Shiite fighters  
killing US troops in Iraq.


And Iran's active pursuit of technology that could lead to nuclear  
weapons threatens to put a region already known for instability and  
violence under the shadow of a nuclear holocaust, he told the  
American Legion veterans group.


Iran's actions threaten the security of nations everywhere, and  
the 

[CTRL] Fwd: The Slaves Next Door

2007-08-29 Thread RoadsEnd

-Caveat Lector-



Begin forwarded message:


From: [EMAIL PROTECTED]
Date: August 27, 2007 10:53:40 PM PDT
To: [EMAIL PROTECTED]
Cc: [EMAIL PROTECTED], [EMAIL PROTECTED], [EMAIL PROTECTED]
Subject: The Slaves Next Door

Trafficked women

auctioned off in pubs,

locked up in brothels



Jo Revill, Whitehall editor
The Observer (UK), August 26, 2007
http://observer.guardian.co.uk/uk_news/story/0,,2156499,00.html

A major police operation to crack down on the trafficking of women  
has discovered that some victims are being 'sold' at auctions in  
pubs before they are forced to work in brothels.
In the largest operation of its kind, police in Cambridgeshire have  
raided 73 suspected brothels in the past few months. They have  
already rescued seven women, some with serious injuries sustained  
as they tried to escape.


The scale of the abuse has horrified the officers and other  
agencies working with them, who have found women being forced to  
work in the sex trade in houses in villages as well as city  
centres, being unable to go out and having sex with up to 60 men a  
day, earning thousands of pounds for the gangs.



Detective Chief Inspector Paul Fullwood, leading the investigation,  
said: 'We have seen organised crime moving away from firearms and  
drugs into sex trafficking. It's a lucrative area for these gangs,  
and the women they get hold of can find it very, very hard to escape.'
Police say that in the auctions a woman is brought into the pub  
with a minder. She is seen by members of different gangs who are  
then invited to bid for her. The amount they pay in some cases is  
as little as £1,000.


So far, 24 people have been arrested during Operation Radium, most  
on suspicion of immigration offences, and all have been bailed. No  
charges have yet been brought as a result of the operation, which  
is still gathering intelligence.


Many of the women who are trafficked into Britain each year come  
from eastern Europe, Africa and the Far East, tempted by the  
prospect of a better life and well-paid jobs. But on arrival their  
identity documents are taken, and they are often kept captive in  
appalling conditions.


So far, seven women have been rescued. Others have fled, fearing  
arrest even though they are innocent.


Fullwood, head of Cambridgeshire's serious and organised crime  
unit, said: 'Many brothels operate under the guise of other  
businesses. They may be just ordinary-looking homes in quiet  
neighbourhoods.' He has appealed for men who have used brothels to  
report places where they think women are prisoners.


Last week police opened their files to reveal detailed personal  
accounts from some of the victims. Three of them, two back in their  
home countries and a third being cared for in a hostel, spoke about  
their beatings, having their identities stolen and being kept in  
brothels with locked doors and windows.


One described being beaten so hard that she had a broken arm for  
which she was not allowed medical attention. Another told of being  
forced to have unprotected sex with up to 25 clients a day. She was  
refused a testing kit when she thought she might be pregnant, and  
threatened by security guards with a samurai sword and a baseball bat.


Tory MP Shailesh Vara, joint vice-chair of the Commons all-party  
group on trafficking women and children, said: 'It is fantastic  
that the police have mounted such an operation to try to uncover  
what's happening. What they have found so far is really alarming.  
It's becoming clear now that many women are kidnapped and held  
against their will in houses right across Britain, and yet are  
almost invisible to the rest of us.


Vara, MP for North West Cambridgeshire, added: 'The idea that some  
women are auctioned off in pubs like animals is disgusting. Far  
more must be done to stop this trade. Britain must ratify the  
United Nations convention on human trafficking, so international  
measures can be taken to stop these gangs.'





Get a sneak peek of the all-new AOL.com.


www.ctrl.org
DECLARATION  DISCLAIMER
==
CTRL is a discussion  informational exchange list. Proselytizing propagandic
screeds are unwelcomed. Substance—not soap-boxing—please!   These are
sordid matters and 'conspiracy theory'—with its many half-truths, mis-
directions and outright frauds—is used politically by different groups with
major and minor effects spread throughout the spectrum of time and thought.
That being said, CTRLgives no endorsement to the validity of posts, and
always suggests to readers; be wary of what you read. CTRL gives no
credence to Holocaust denial and nazi's need not apply.

Let us please be civil and as always, Caveat Lector.

Archives Available at:

http://www.mail-archive.com/ctrl@listserv.aol.com/
A HREF=http://www.mail-archive.com/ctrl@listserv.aol.com/;ctrl/A

[CTRL] Fwd: New, More Horrible Weapons of Mass Destruction (OURS)

2007-08-29 Thread RoadsEnd

-Caveat Lector-



Begin forwarded message:


From: [EMAIL PROTECTED]
Date: August 27, 2007 4:10:46 PM PDT
To: [EMAIL PROTECTED]
Cc: [EMAIL PROTECTED], [EMAIL PROTECTED], [EMAIL PROTECTED]
Subject: New, More Horrible Weapons of Mass Destruction (OURS)

British Army deploys new weapon

based on mass-killing technology

Parliament not told, minister says

John Byrne
Published: Thursday August 23, 2007
http://rawstory.com/news/2007/ 
British_Army_deploys_new_weapon_based_0823.html   
  





A new 'super-weapon' being supplied to British soldiers in  
Afghanistan employs technology based on the thermobaric principle  
which uses heat and pressure to kill people targeted across a wide  
area by sucking the air out of their lungs and rupturing their  
internal organs.


The so-called enhanced blast weapon uses similar technology used  
in the US bunker busting bombs and the devastating bombs dropped  
by the Russians to destroy the Chechen capital, Grozny.


Such weapons are brutally effective because they first disperse a  
gas or chemical agent which is lit at a second stage, allowing the  
blast to fill the spaces of a building or the crevices of a cave.  
When the US military deployed a version of these weapons in 2005,  
DefenseTech wrote an article titled, Marines Quiet About Brutal  
New Weapon.


According to the US Defense Intelligence Agency, which released a  
study on thermobaric weapons in 1993, The [blast] kill mechanism  
against living targets is unique--and unpleasant What kills is  
the pressure wave, and more importantly, the subsequent rarefaction  
[vacuum], which ruptures the lungs.… If the fuel deflagrates but  
does not detonate, victims will be severely burned and will  
probably also inhale the burning fuel. Since the most common FAE  
fuels, ethylene oxide and propylene oxide, are highly toxic,  
undetonated FAE should prove as lethal to personnel caught within  
the cloud as most chemical agents.


A second DIA study said, shock and pressure waves cause minimal  
damage to brain tissue... it is possible that victims of FAEs are  
not rendered unconscious by the blast, but instead suffer for  
several seconds or minutes while they suffocate.


The effect of an FAE explosion within confined spaces is immense,  
said a CIA study of the weapons. Those near the ignition point are  
obliterated. Those at the fringe are likely to suffer many  
internal, and thus invisible injuries, including burst eardrums and  
crushed inner ear organs, severe concussions, ruptured lungs and  
internal organs, and possibly blindness.


British defense officials told the UK Guardian that British bombs  
were different.


They are optimized to create blast [rather than heat], one said,  
speaking on the standard condition of anonymity in Britain. The  
official added that it would be misleading to call them thermobaric.


Officials told the Guardian the new weapon was classified as a  
soldier launched light anti-structure munition and that the bombs  
would be more effective because even when they hit the damage is  
limited to a confined area.


The continuing issue of civilian casualties in Afghanistan has  
enormous importance in the battle for hearts and minds, said  
Liberal Democrat leader Sir Menzies Campbell in the article. If  
these weapons contribute to the deaths of civilians then a primary  
purpose of the British deployment is going to be made yet more  
difficult.


According to Campbell, the deployment of the weapons was not  
announced to Parliament.





Get a sneak peek of the all-new AOL.com.


www.ctrl.org
DECLARATION  DISCLAIMER
==
CTRL is a discussion  informational exchange list. Proselytizing propagandic
screeds are unwelcomed. Substance—not soap-boxing—please!   These are
sordid matters and 'conspiracy theory'—with its many half-truths, mis-
directions and outright frauds—is used politically by different groups with
major and minor effects spread throughout the spectrum of time and thought.
That being said, CTRLgives no endorsement to the validity of posts, and
always suggests to readers; be wary of what you read. CTRL gives no
credence to Holocaust denial and nazi's need not apply.

Let us please be civil and as always, Caveat Lector.

Archives Available at:

http://www.mail-archive.com/ctrl@listserv.aol.com/
A HREF=http://www.mail-archive.com/ctrl@listserv.aol.com/;ctrl/A

To subscribe to Conspiracy Theory Research List[CTRL] send email:
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To UNsubscribe to Conspiracy Theory Research List[CTRL] send email:
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Om


[CTRL] Fwd: Dubya the Cop Killer

2007-08-29 Thread RoadsEnd

-Caveat Lector-



Begin forwarded message:


From: [EMAIL PROTECTED]
Date: August 27, 2007 10:18:56 PM PDT
To: [EMAIL PROTECTED]
Cc: [EMAIL PROTECTED], [EMAIL PROTECTED], [EMAIL PROTECTED]
Subject: Dubya the Cop Killer

Cop Dies After Crash in Bush Motorcade

AP
2007-08-27 21:45:46
http://news.aol.com/story/_a/cop-dies-after-crash-in-bush-motorcade/ 
20070827191909990001?ncid=NWS000101


ALBUQUERQUE, N.M. (Aug. 27) - A police officer in President Bush 's  
motorcade crashed his motorcycle and died Monday, less than a year  
after a crash in Hawaii killed another motorcycle officer  
accompanying the president.





The motorcycle of deceased officer Germaine Casey is seen on the  
curb, right, after crashing Monday in Albuquerque, N.M. President  
Bush had been headed to the airport after attending a fundraiser  
for Sen. Pete Domenici, R-N.M., when the crash happened.


Rio Rancho Officer Germaine Casey, 40, crashed at the Albuquerque  
airport at a point where a road enters an underground parking  
garage, said Trish Hoffman, a spokeswoman for the Albuquerque  
Police Department. He was pronounced dead at an Albuquerque hospital.


Bush had been headed to the airport after attending a fundraiser  
for Sen. Pete Domenici, R-N.M.


Any time there is a presidential motorcade, the officers, that's  
part of their job, they drive at a high rate of speed, said  
Hoffman, whose department is investigating the crash.


Rio Rancho police department spokesman Officer John Francis said  
Casey's motorcycle hit a curb and then a tree, but investigators  
were reconstructing the accident to determine exactly what happened.


Photographers and reporters in the presidential motorcade said the  
officer's motorcycle appeared to be nearly destroyed, and the  
officer was on the ground, being helped by an emergency medical  
technician.


White House spokesman Scott Stanzel said the president saw the  
wreck after it had occurred, and a member of the White House  
medical staff went to assist.


Bush called Casey's wife, Lisa, from his limousine on the way to  
the airport in Seattle to offer condolences, Stanzel said.


The president issued a statement saying he was saddened by Casey's  
death and extraordinarily grateful for his protection.


It is a high calling to choose to serve and protect your fellow  
citizens, and I will always be indebted to Officer Casey's  
service, the president said, adding that the officer's wife and  
two teenage children were in his thoughts and prayers.


The officer had been with the Rio Rancho Police Department since  
2005 and worked with campus police at the University of New Mexico  
before that, Hoffman said.


Francis said Casey had received special training in riding in  
motorcades and had previously escorted Bush and Vice President Dick  
Cheney on separate occasions.


A Honolulu police officer, Steve Favela, died in November when he  
and two other motorcycle officers crashed while part of a  
presidential motorcade traveling across Hickam Air Force Base.




Get a sneak peek of the all-new AOL.com.



www.ctrl.org
DECLARATION  DISCLAIMER
==
CTRL is a discussion  informational exchange list. Proselytizing propagandic
screeds are unwelcomed. Substance—not soap-boxing—please!   These are
sordid matters and 'conspiracy theory'—with its many half-truths, mis-
directions and outright frauds—is used politically by different groups with
major and minor effects spread throughout the spectrum of time and thought.
That being said, CTRLgives no endorsement to the validity of posts, and
always suggests to readers; be wary of what you read. CTRL gives no
credence to Holocaust denial and nazi's need not apply.

Let us please be civil and as always, Caveat Lector.

Archives Available at:

http://www.mail-archive.com/ctrl@listserv.aol.com/
A HREF=http://www.mail-archive.com/ctrl@listserv.aol.com/;ctrl/A

To subscribe to Conspiracy Theory Research List[CTRL] send email:
SUBSCRIBE CTRL [to:] [EMAIL PROTECTED]

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Om


[CTRL] Fwd: Russia Arrests Assassins Hired by Berezovsky, Moles in Security Services

2007-08-29 Thread RoadsEnd

-Caveat Lector-



Begin forwarded message:


From: [EMAIL PROTECTED]
Date: August 28, 2007 8:29:19 PM PDT
To: [EMAIL PROTECTED]
Cc: [EMAIL PROTECTED], [EMAIL PROTECTED], [EMAIL PROTECTED]
Subject: Russia Arrests Assassins Hired by Berezovsky, Moles in  
Security Services


Russia suggests Berezovsky

behind journalist's killing

by Shaun Walker in Moscow

The Independent (UK), 28 August 2007

http://news.independent.co.uk/europe/article2901005.ece
Russian prosecutors have announced a breakthrough in the hunt for  
the killers of Anna Politkovskaya, the crusading journalist and  
prominent critic of Vladimir Putin, who was murdered last year.


Conveniently for the Kremlin, the finger of suspicion points  
directly at President Vladimir Putin's main enemy, the exiled  
Russian tycoon Boris Berezovsky.


The announcement came three days before what would have been  
Politkovskaya's 49th birthday, and almost a year after she was shot  
dead in a hail of bullets in the lift of her Moscow apartment  
building early last October.


The Russian prosecutor-general, Yuri Chaika, said at a press  
conference in Moscow yesterday that 10 arrests had been made,  
including the direct organisers, accomplices and the assassin himself.


Figures within the Russian Interior Ministry and secret services  
have been arrested as accomplices to the crime, but it was hinted  
that the mastermind of the murder was the oligarch living outside  
Russia.


The person who ordered the crime, said Mr Chaika, was living  
outside Russia and wanted to destabilise the situation in the  
country ... and return to the previous ruling system, when money  
and oligarchs decided everything.


This would suggest either the London-based Boris Berezovsky, or the  
former head of Yukos oil and gas company, Leonid Nevzlin, who lives  
in Israel. The Kremlin and Russian authorities have long suggested  
that Mr Berezovsky is behind the murder of both Politkovskaya and  
Alexander Litvinenko, the former KGB agent poisoned in London last  
November.


Experts and former colleagues of the assassinated journalist  
expressed satisfaction that arrests had been made, but scepticism  
at Mr Chaika's conclusions.


It's good that there has been progress in the case, said Igor  
Yakovenko, secretary-general of the Russian Union of Journalists.  
If we believe everything that Chaika says then this is the end of  
the sad tradition of the murders of journalists in Russia going  
unsolved. But, he said, there were several doubts about the  
allegations. It's worrying that, even before the investigation has  
been officially completed, they are pointing the finger at people  
abroad, he said.


Dmitry Muratov, the editor of Novaya Gazeta, the opposition  
newspaper where Politkovskaya published her hard-hitting reports on  
Russian politics and the conflict in Chechnya, expressed similar  
doubts. We have known about this for a while. We've worked  
together with their investigation and we trust their  
professionalism, said Mr Muratov. But we are absolutely amazed  
that they have openly stated they know who ordered the crime before  
the investigation has even been completed.


Mr Muratov confirmed that a security services official had been  
arrested, and revealed that the FSB security-service operative in  
question was a Moscow-based lieutenant-colonel. At this stage, I  
don't want to reveal any more, he said. Let's wait first for the  
court case.


Mr Chaika stated that the killing was carried out by a Chechen  
criminal gang operating in Moscow that specialises in professional  
hits. He also linked the group to the killings of Andrei Kozlov,  
the corruption-fighting banker who was shot dead last year, and the  
Forbes magazine editor Paul Klebnikov, killed in 2004.


He refused to name the mastermind, but separately stated that  
Russia's long-standing efforts to have Boris Berezovsky brought  
before a Russian court could bear fruit soon, if the former  
oligarch is extradited from Britain to Brazil, where he is wanted  
on charges of financial irregularity, and from there to Russia.


If all of Mr Chaika's claims are to be believed, it would mean that  
members of Russia's security services are under the command of  
Boris Berezovsky.  The level of corruption in Russia can bring  
many unpleasant surprises, said Gennady Gudkov, a former FSB  
colonel and now a member of the security committee of the Duma, or  
parliament. Mr Gudkov said he was certain the London-based exile  
was behind the killing: My information leads me to believe that  
Berezovsky himself, or people controlled by him, are behind both  
this act and many acts of terrorism.


Others were sceptical. We have no guarantees the names of those  
who really ordered the killing and the names of those who will be  
accused of it will be the same, said a statement from Novaya  
Gazeta's editorial team. We have no complaints about the  
investigative team. We're working together ... But 

[CTRL] Fwd: McKinney, Sheehan, Tarpley Warn of Another 9/11 Manufactured by Dick Cheney

2007-08-29 Thread RoadsEnd

-Caveat Lector-



Begin forwarded message:


From: [EMAIL PROTECTED]
Date: August 27, 2007 10:47:59 PM PDT
To: [EMAIL PROTECTED]
Cc: [EMAIL PROTECTED], [EMAIL PROTECTED], [EMAIL PROTECTED],  
[EMAIL PROTECTED], [EMAIL PROTECTED]
Subject: McKinney, Sheehan, Tarpley Warn of Another 9/11  
Manufactured by Dick Cheney


McKinney, Sheehan, Tarpley
Warn of New Cheney 9/11

The Kennebunkport Warning

8-26-7
http://rense.com/general78/warning.htm

To the American people,
and to peace loving individuals everywhere:
Massive evidence has come to our attention which shows that the  
backers, controllers, and allies of Vice President Dick Cheney are  
determined to orchestrate and manufacture a new 9/11 terror  
incident, and/or a new Gulf of Tonkin war provocation over the  
coming weeks and months.
Such events would be used by the Bush administration as a pretext  
for launching an aggressive war against Iran, quite possibly with  
nuclear weapons, and for imposing a regime of martial law here in  
the United States.
We call on the House of Representatives to proceed immediately to  
the impeachment of Cheney, as an urgent measure for avoiding a  
wider and more catastrophic war. Once impeachment has begun, it  
will be easier for loyal and patriotic military officers to refuse  
illegal orders coming from the Cheney faction.
We solemnly warn the people of the world that any terrorist attack  
with weapons of mass destruction taking place inside the United  
States or elsewhere in the immediate future must be considered the  
prima facie responsibility of the Cheney faction.
We urge responsible political leaders everywhere to begin at once  
to inoculate the public opinion of their countries against such a  
threatened false flag terror operation.

(Signed)
A Group of US Opposition Political Leaders Gathered in Protest at  
the Bush Compound in Kennebunkport, Maine, August 24-25, 2007

CYNTHIA MCKINNEY,
 FORMER US CONGRESSWOMAN, GEORGIA
CINDY SHEEHAN,
 CANDIDATE FOR US CONGRESS, CALIFORNIA
CRAIG HILL,
 CANDIDATE FOR US CONGRESS, VERMONT GREEN PARTY
BRUCE MARSHALL,
 CONVENOR, PHILADELPHIA PLATFORM
JAMILLA EL-SHAFEI,
 KENNEBUNK PEACE DEPARTMENT
WEBSTER G. TARPLEY,
 AUTHOR
ANN WRIGHT,
 COLONEL US ARMY RESERVE, FORMER US DIPLOMAT
DR. DAHLIA WASFI,
 WWW.LIBERATETHIS.COM
GEORGE PAZ MARTIN
JOHN KAMINSKY,
  PRESIDENT MAINE LAWYERS FOR DEMOCRACY



Get a sneak peek of the all-new AOL.com.



www.ctrl.org
DECLARATION  DISCLAIMER
==
CTRL is a discussion  informational exchange list. Proselytizing propagandic
screeds are unwelcomed. Substance—not soap-boxing—please!   These are
sordid matters and 'conspiracy theory'—with its many half-truths, mis-
directions and outright frauds—is used politically by different groups with
major and minor effects spread throughout the spectrum of time and thought.
That being said, CTRLgives no endorsement to the validity of posts, and
always suggests to readers; be wary of what you read. CTRL gives no
credence to Holocaust denial and nazi's need not apply.

Let us please be civil and as always, Caveat Lector.

Archives Available at:

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[CTRL] Fwd: Someone Betting SEVERAL BILLION$ That Stock Market Crashes by Mid-September

2007-08-29 Thread RoadsEnd

-Caveat Lector-



Begin forwarded message:


From: [EMAIL PROTECTED]
Date: August 28, 2007 7:18:43 PM PDT
To: [EMAIL PROTECTED]
Cc: [EMAIL PROTECTED], [EMAIL PROTECTED], [EMAIL PROTECTED],  
[EMAIL PROTECTED], [EMAIL PROTECTED]
Subject: Someone Betting SEVERAL BILLION$ That Stock Market Crashes  
by Mid-September


August 26, 2007
http://mparent-2.blogspot.com/2007/08/45b-bet-on-another-911- 
within-4-weeks.html

$4.5 billion options bet

on catastrophe within four weeks

Anybody have a clue as to what these 'investors' are expecting?

The two sales are being referred to by market traders as bin Laden  
trades because only an event on the scale of 9-11 could make these  
short-sell options valuable.


There are 65,000 contracts @ $750.00 for the SPX 700 calls for open  
interest. That controls 6.5 million shares at $750 = $4.5 Billion.  
Not a single trade. But quite a bit of $$ on a contract that is 700  
points away from current value. No one would buy that deep in the  
money calls. No reason to. So if they were sold looks like someone  
betting on massive dislocation. Lots of very strange option  
activity that I haven't seen before.


The entity or individual offering these sales can only make money  
if the market drops 30%-50% within the next four weeks. If the  
market does not drop, the entity or individual involved stands to  
lose over $1 billion just for engaging in these contracts!


Clearly, someone knows something big is going to happen BEFORE the  
options expire on Sept. 21.


THEORIES:

The following theories are being discussed widely within the stock  
and options markets today regarding the enormous and very unusual  
activity reported above and two stories below. Those theories are:


1) A massive terrorist attack is going to take place before Sept.  
21 to tank the markets, OR;


2) China, reeling over losing $10 Billion in bad loans to the sub- 
prime mortgage collapse presently taking place, is going to dump US  
currency and tank all of Capitalism with a Communist financial  
revolution. Either scenario is bad and the clock is ticking. The  
drop-dead date of these contracts is September 21. Whatever is  
going to happen MUST take place between now and then or the folks  
involved in these contracts will lose over $1 billion for having  
engaged in this activity.


$1.78 Billion Bet that Stock Markets will crash by third week in  
September Anonymous Stock Trader Sells 10K Contracts on EVERY SP/Y  
Strike Shorts Stocks in the money effectively selling all his  
SPY holdings for cash up front without pressuring the market downward.


This is an enormous and dangerous stock option activity. If it goes  
right, the guy makes about $2 Billion. If he's wrong, his out of  
pocket costs for buying these options will exceed $700 Million!!!  
The entity who sold these contracts can only make money if the  
stock market totally crashes by the third week in September.


Bear in mind that the last time anyone conducted such large and  
unusual stock option trades (like this one) was in the weeks before  
the attacks of September 11.


Back then, they bought huge numbers of PUTS on airline stocks in  
the same airlines whose planes were involved in the September 11  
attacks.


Despite knowing who made these trades, the Securities and Exchange  
Commission NEVER revealed who made the unusual trades and no one  
was ever publicly identified as being responsible for the trades  
which made upwards of $50 million when the attacks happened.


The fact that this latest activity by a single entity gambles on a  
complete collapse of the entire market by the third week in  
September, seems to indicate someone knows something really huge is  
in the works and they intend to profit almost $2 Billion within the  
next four weeks from whatever happens! This is really worrisome.


---

Mystery trader bets market will crash by a third

Renée Schultes


16 Aug 2007
http://www.financialnews-us.com/?page=ushomecontentid=2448565379
An anonymous investor has placed a bet on an index of Europe's top  
50 stocks falling by a third by the end of September, as world  
equity markets plunged for a third day and volatility hit a three- 
year high.


The mystery investor has bought put option contracts on the DJ  
Eurostoxx 50 index that will result in a profit if it plunges to  
2,800 or below by the end of September. Based on the 2,800 strike  
price, the position covers a notional €6.9bn, and potentially even  
more using a market price of about 4,100 when the trades were done  
on Tuesday and Wednesday.


The identity of the investor is unknown but market sources  
speculated it was either a large hedge fund hedging itself against  
deepening losses, or a long-only fund manager pressing the panic  
button to protect its gains.


The investor has bought a total of 245,000 put options on the  
index. The September put option with a 2,800 strike was the most  
popular DJ Eurostoxx 50 contract 

[CTRL] Fwd: The American Daydream

2007-08-29 Thread RoadsEnd

-Caveat Lector-



Begin forwarded message:


From: [EMAIL PROTECTED]
Date: August 29, 2007 4:14:35 PM PDT
To: [EMAIL PROTECTED]
Cc: [EMAIL PROTECTED], [EMAIL PROTECTED], [EMAIL PROTECTED],  
[EMAIL PROTECTED]

Subject: The American Daydream



THE POSSESSED

By Adam Engel

8/28/07

http://www.bestcyrano.org/THOMASPAINE/?p=242

The Possessed Man is not a bad man, nor a good one. He is  
terrified. Alone among friends and family, he “works” to support  
his family, but is not exactly sure of what he does. He  
“administrates creative product strategies,” according to the Job  
Description on file at Human Resources.


The Health Insurance covers his wife and two kids, both under seven  
years of age and subject to all manner of illness and disease. Then  
there were the pregnancies themselves, and the drugs he must take  
daily to function at his job without drinking, or veering into  
violence, or bursting into tears. He’s covered by the company plan,  
but loopholes open and money falls through. Deductibles. Co-payments.


He is no longer interested in his friends, the few that he still  
has, or in having friends at all. What good are they, except to  
drink with, and he’s not supposed to drink while on his pills —  
though he does anyway. And don’t think this is all confidential,  
that they don’t know, the ‘they’ at the company, whoever they might  
be, that he sees a head-drugger to stay on top of things.



He’s thirty-five and still paying student loans.

Graduate program at the University. MBA. Had to do it. Or else how  
would he have climbed to even his middling position on the ladder?  
He’s reached his final rung. He knows he hasn’t the energy to kill,  
the will that would enable him to climb further. In fact, the  
remaining energies of his life will be directed toward hanging on  
to the rung he’s reached. To remaining at his place on the  
limitless ladder to the sky. He can barely see the people at the  
bottom, but he would need quite a powerful telescope indeed to even  
glimpse the stars at the top.


The kids will want to go to college. His wife, also a mediocrity,  
but in a different capacity at a different firm, a different  
profession, will grow stronger, as women tend to after fifty, after  
the sex and procreation, after the body, just when he is starting  
to collapse. Rapid rise from twenty to forty, slow descent, then at  
fifty the cascading tumble. Unless you’re at the top of the ladder,  
in which case fifty is not fifty, due to special treatments,  
physical training, private cooks, drugs, vitamins and surgeries… 
He’s reached the end of something, he knows, but he has the  
responsibility to see things through, at least until the kids are  
out of school. But of course college won’t be enough. It wasn’t for  
him. He needed a Masters. His kids will need Ph.D.s.


He worries that somehow the system will fail him. It has not failed  
him to this point, merely placed him at his rightful place in the  
hierarchy. But he fears that the system, based on protocols, laws,  
unwritten rules, tacit agreements and technologies that he can  
never hope to understand, will collapse of its own weight and  
intricacy. He does not understand how the Network works, or how  
food gets to the supermarkets, or how the parent company trickles  
his paycheck down the many holding companies and through his  
department and into his bank account. He does not understand the  
high level of partnership between the bank and the corporation that  
owns it, which is the parent of the company he works for, and where  
he will spend his days before being traded or shuffled off in some  
arcane corporate deal or merger or is fired outright. Laid off. And  
then what? Sending out resumes as he’d done as a kid fresh out of  
college and as a young married man with his expensive MBA?


He fears limited resources, so he does not read the hard copy of  
the City News, but browses the paper’s site on the Network. But  
when does he have time to read this, working nine to five as he  
does, which is not nine to five at all, but eight to six, seven,  
sometimes ten o’clock? By which point he is exhausted, despite his  
clockwork consumption of caffeine and nicotine.


And when he does call up the news from the Network sites he  
realizes how small he and his life are, even in the context of the  
corporation, not to mention the role of the parent company in  
international affairs. Good god. The corporation is everywhere, in  
every country. Many of these countries are at war with each other,  
and if the corporation’s interests are seriously threatened, might  
go to war with the Nation.


But the Nation is already at war. He is glad that the Nation  
possesses the most well-trained, technologically advanced military  
force on the planet. He had not gone to the last war, for he was in  
graduate school. But the current war terrifies him, the destruction  
the Nation wreaks upon its challenger with missiles 

[CTRL] Fwd: McKinney, Sheehan, Tarpley Warning of Another 9/11 a HOAX

2007-08-29 Thread RoadsEnd

-Caveat Lector-



Begin forwarded message:


From: [EMAIL PROTECTED]
Date: August 29, 2007 4:28:19 PM PDT
To: [EMAIL PROTECTED]
Cc: [EMAIL PROTECTED], [EMAIL PROTECTED], [EMAIL PROTECTED],  
[EMAIL PROTECTED], [EMAIL PROTECTED]

Subject: Re: McKinney, Sheehan, Tarpley Warning of Another 9/11 a HOAX

http://rense.com/general78/warning.htm

From Brendan Cooney
Date Wed, August 29, 2007 9:28 am
This article which you've posted regarding anti-war leaders warning  
of a new 911 is a hoax:

http://www.rense.com/general78/warning.htm
I emailed Dahlia Wasfi about is and this was his response:
Dear Brendan,
Thank you for writing. I did not sign that statement, and I've  
written the author to that effect. In fact, in an email exchange,  
I, Cindy Sheehan, and Jamilla El-Shafei all refuted signing such a  
statement.

Many thanks for your support.
In solidarity,
Dahlia



Get a sneak peek of the all-new AOL.com.



www.ctrl.org
DECLARATION  DISCLAIMER
==
CTRL is a discussion  informational exchange list. Proselytizing propagandic
screeds are unwelcomed. Substance—not soap-boxing—please!   These are
sordid matters and 'conspiracy theory'—with its many half-truths, mis-
directions and outright frauds—is used politically by different groups with
major and minor effects spread throughout the spectrum of time and thought.
That being said, CTRLgives no endorsement to the validity of posts, and
always suggests to readers; be wary of what you read. CTRL gives no
credence to Holocaust denial and nazi's need not apply.

Let us please be civil and as always, Caveat Lector.

Archives Available at:

http://www.mail-archive.com/ctrl@listserv.aol.com/
A HREF=http://www.mail-archive.com/ctrl@listserv.aol.com/;ctrl/A

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[CTRL] Fwd: Evolutionary Russian Roulette: Gambling with DNA, Hoping for Useful Mutations

2007-08-29 Thread RoadsEnd

-Caveat Lector-



Begin forwarded message:


From: [EMAIL PROTECTED]
Date: August 29, 2007 4:25:08 PM PDT
To: [EMAIL PROTECTED]
Cc: [EMAIL PROTECTED], [EMAIL PROTECTED], [EMAIL PROTECTED]
Subject: Evolutionary Russian Roulette: Gambling with DNA, Hoping  
for Useful Mutations


Useful Mutants, Bred With Radiation
By WILLIAM J. BROAD
New York Times, August 28, 2007
http://www.nytimes.com/2007/08/28/science/28crop.html? 
_r=28dpc=pagewanted=alloref=sloginoref=slogin
VIENNA — Pierre Lagoda pulled a small container from his pocket and  
spilled the contents onto his desk. Four tiny dice rolled to a stop.


“That’s what nature does,” Dr. Lagoda said. The random results of  
the dice, he explained, illustrate how spontaneous mutations create  
the genetic diversity that drives evolution and selective breeding.
He rolled the dice again. This time, he was mimicking what he and  
his colleagues have been doing quietly around the globe for more  
than a half-century — using radiation to scramble the genetic  
material in crops.  That process has produced valuable mutants like  
red grapefruit, disease-resistant cocoa and premium barley for  
Scotch whiskey.


“I’m doing the same thing,” he said, still toying with the dice.  
“I’m not doing anything different from what nature does. I’m not  
using anything that was not in the genetic material itself.”


Dr. Lagoda, the head of plant breeding and genetics at the  
International Atomic Energy Agency, prides himself on being a good  
salesman. It can be a tough act, however, given wide public fears  
about the dangers of radiation and the risks of genetically  
manipulated food. His work combines both fields but has nonetheless  
managed to thrive.


The process leaves no residual radiation or other obvious marks of  
human intervention. It simply creates offspring that exhibit new  
characteristics.


Though poorly known, radiation breeding has produced thousands of  
useful mutants and a sizable fraction of the world’s crops, Dr.  
Lagoda said, including varieties of rice, wheat, barley, pears,  
peas, cotton, peppermint, sunflowers, peanuts, grapefruit, sesame,  
bananas, cassava and sorghum. The mutant wheat is used for bread  
and pasta and the mutant barley for beer and fine whiskey.


The mutations can improve yield, quality, taste, size and  
resistance to disease and can help plants adapt to diverse climates  
and conditions.


Dr. Lagoda takes pains to distinguish the little-known radiation  
work from the contentious field of genetically modified crops,  
sometimes disparaged as “Frankenfood.” That practice can splice  
foreign genetic material into plants, creating exotic varieties  
grown widely in the United States but often feared and rejected in  
Europe. By contrast, radiation breeding has made few enemies.


“Spontaneous mutations are the motor of evolution,” Dr. Lagoda  
said. “We are mimicking nature in this. We’re concentrating time  
and space for the breeder so he can do the job in his lifetime. We  
concentrate how often mutants appear — going through 10,000 to one  
million — to select just the right one.”


Radiation breeding is widely used in the developing world, thanks  
largely to the atomic agency’s efforts. Beneficiaries have included  
Bangladesh, Brazil, China, Costa Rica, Egypt, Ghana, India,  
Indonesia, Japan, Kenya, Nigeria, Pakistan, Peru, Sri Lanka, Sudan,  
Thailand and Vietnam.


Politically, the method is one of many quid pro quos the agency, an  
arm of the United Nations in Vienna, offers client states. Its own  
agenda is to inspect ostensibly peaceful atomic installations in an  
effort to find and deter secret work on nuclear weapons.


Plant scientists say radiation breeding could play an important  
role in the future. By promoting crop flexibility, it could help  
feed billions of added mouths despite shrinking land and water,  
rising oil and fertilizer costs, increasing soil exhaustion,  
growing resistance of insects to pesticides and looming climate  
change. Globally, food prices are already rising fast.


“It’s not going to solve the world food crisis,” said J. Neil  
Rutger, former director of the Dale Bumpers National Rice Research  
Center in Stuttgart, Ark. “But it will help. Modern plant breeders  
are using every tool they can get.”


The method was discovered some 80 years ago when Lewis J. Stadler  
of the University of Missouri used X-rays to zap barley seeds. The  
resulting plants were white, yellow, pale yellow and some had white  
stripes — nothing of any practical value.


But the potential was clear. Soon, by exposing large numbers of  
seeds and young plants, scientists produced many more mutations and  
found a few hidden beneficial ones. Peanuts got tougher hulls.  
Barley, oats and wheat got better yields. Black currants grew.


The process worked because the radiation had randomly mixed up the  
genetic material of the plants. The scientists could control the  
intensity of the radiation and 

[CTRL] Fwd: Bernanke Betting That the Fed Can Save the World from Great Depression II

2007-08-29 Thread RoadsEnd

-Caveat Lector-



Begin forwarded message:


From: [EMAIL PROTECTED]
Date: August 29, 2007 4:59:01 PM PDT
To: [EMAIL PROTECTED]
Cc: [EMAIL PROTECTED], [EMAIL PROTECTED], [EMAIL PROTECTED]
Subject: Bernanke Betting That the Fed Can Save the World from  
Great Depression II


The Worst of All Policies:

Federal Reserve Policy Blunders

Aug 29, 2007 - 01:37 PM
By: Adrian_Ash


http://www.marketoracle.co.uk/Article1965.html

To lend a great deal, and yet not give the public confidence...is  
the worst of all policies.


-- Walter Bagehot, Lombard Street  




HISTORY PROVES that a smart central bank can protect the economy  
and the financial sector from the nastier side effects of a stock  
market collapse, wrote Ben Bernanke in Foreign Policy magazine,  
way back in October 2000.


Dr.Bernanke was merely a Fed governor at the time, rather than  
chief pooh-bah at the world's biggest central bank. But with the  
SP500 index already 7.5% off its top of 24th March that year – way  
up there at 1552 – he was clearly planning for the main event of  
his professional career:


Saving the United States from a second Great Depression.

Now the SP index has just repeated that very same move, only in  
triple-quick time. The SP hit an intra-day peak of 1556 on 16th  
July this year; on Tuesday 28th August it ended the day at 1432,  
down by 7.5% once again.


This pullback took little more than a month. And this time around,  
Ben Bernanke is wearing the long trousers. So what's to fear?


The economic outcomes of a stock-market crash, as the Princeton  
professor wrote in that article – A Crash Course for Central  
Bankers – depend less on the severity of the crash itself than on  
the response of economic policymakers, particularly central bankers.


Indeed, without policy blunders by the Federal Reserve, there is  
little reason to believe that the 1929 crash would have been  
followed by more than a moderate dip in US economic activity.


To prove his point, Bernanke pointed to the more recent  
deflationary slump suffered by Japan . In some crucial aspects,  
he wrote,  Japan in the 1990s was a slow-motion replay of the US  
experience 60 years earlier. After effectively precipitating the  
crash in stock and real estate prices through sharp increases in  
interest rates (in much the same way that the Fed triggered the  
crash of 1929), the Bank of Japan seemed in no hurry to ease  
monetary policy and did not cut rates significantly until 1994.


No one, of course, could accuse Ben Bernanke of precipitating the  
current crash in US real estate or stock market prices – not with  
sharp increases in the cost of money at any rate! The 17 baby- 
steps he took from 1% up to 5.25%, however, might still cast him as  
the villain when the history books come to be written.


After all, it's so much easier to point the finger of blame at  
distant figures in history once the crisis has long since blown  
over. Bernanke's career as a Depression-era commentator after the  
fact just goes to prove it.


Much like US officials during the 1930s, Japanese policymakers  
were unconscionably slow in tackling the severe banking crisis that  
impaired the economy's ability to function normally, he tutted in  
Foreign Policy magazine in October 2000. [But] central bankers got  
it right in the United States in 1987.


Oh really? It's worth reading what Ben Bernanke believes – or  
certainly said he believed – of Alan Greenspan's response to the  
stock-market crash of two decades ago. It's worth comparing his  
actions in this financial panic to date with Alan Greenspan's  
decisions of two decades ago, too.


[The Fed in late '87] avoided deflationary pressures as well as  
serious trouble in the banking system. In the days immediately  
following the October 19th crash, Federal Reserve Chairman Alan  
Greenspan – in office a mere two months – focused his efforts on  
maintaining financial stability.


Bravo Alan! Give that man a knighthood!

For instance, he persuaded banks to extend credit to struggling  
brokerage houses, thus ensuring that the stock exchanges and  
futures markets would continue operating normally. (US banks, which  
unlike their Japanese counterparts do not own stock, were never in  
any serious danger from the crash.) Subsequently, the Fed's  
attention shifted from financial to macroeconomic stability, with  
the central bank cutting interest rates to offset any deflationary  
effects of declining stock prices.


Encore! Encore! But just how did Greenspan do it?

Short on detail and long on plaudits, Bernanke's short history of  
the Great 1987 Getaway simply says the markets were reassured by  
policymakers' determination to protect the economy...Economic  
growth resumed with barely a blip.


Never mind that US banks are now stuffed full of securitized  
mortgage debt – albeit through the off-balance-sheet conduit of  
special investment vehicles. (So too are banks in Japan ,  
France , Britain ,