More On The Deliberately Engineered Housing Bubble And Its Collapse

An entree into a rich vein of knowledge about the deliberate engineering of the housing bubble and the culprits (the central banks and their collaborators in government).

http://web.archive.org/web/20101030124420/http://seekingalpha.com/instablog/166473-gary-a/104154-originate-to-distribute-was-ramped-up-in-2004-quigley-bis-prediction-came-true

The above is an archived page from the current site, which lacks the chart that the text refers to.  Also see:

http://seekingalpha.com/instablog/166473-gary-a/106272-what-is-predatory-lending-anyway-payday-lending-and-ponzi-mortgage-loans-come-from-the-same-sources

Here’s an entry from the reference section pointing out how the W bush admin deliberately blocked state-level enforcement mechanisms from pricking the bubble before it became gargantuan:

http://www.washingtonpost.com/wp-dyn/content/article/2008/02/13/AR2008021302783.html

Someone needs to tie all these threads together.

Washington’s “Playbook” on Provoking North Korea

In an April 3 Wall Street Journal article, “U.S. dials back on Korean show of force,” reporters Adam Entous and Julian E. Barnes revealed that the White House approved a detailed plan, called ‘the playbook,’ to ratchet up tension with North Korea during the Pentagon’s war games with South Korea.

The war games, which are still in progress, and involve the deployment of a considerable amount of sophisticated US military hardware to within striking distance of North Korea, are already a source of considerable tension in Pyongyang, and represent what Korean specialist Tim Beal dubs “sub-critical” warfare.

The two-month-long war games, directed at and carried out in proximity to the Democratic People’s Republic of Korea, force the North Korean military onto high alert, an exhausting and cripplingly expensive state of affairs for a small country whose economy has already been crippled by wide-ranging sanctions. North Korea estimates that sanctions and US military aggression have taken an incalculable toll on its economy. [1]

The playbook was developed by the Pentagon’s Pacific Command, to augment the war games that began in early March, and was discussed at several high-level White House meetings, according to the Wall Street Journal reporters.

The plan called for low-altitude B-52 bomber flights over the Korean peninsula, which happened on March 8. A few weeks later, two nuclear-capable B-2 bombers dropped dummy payloads on a South Korean missile range. The flights were deliberately carried out in broad daylight at low altitude, according to a U.S. defense official, to produce the intended minatory effect. “We could fly it at night, but the point was for them to see it.” [2]

A few days ago, the Pentagon deployed two advanced F-22 warplanes to South Korea, also part of the ‘play-book’ plan to intimidate Pyongyang.

According to Entous and Barnes, the White House knew that the North Koreans would react by threatening to retaliate against the United States and South Korea.

In a March 29 article, Barnes wrote that “Defense officials acknowledged that North Korean military officers are particularly agitated by bomber flights because of memories of the destruction wrought from the air during the Korean War.” [3] During the war, the United States Air Force demolished every target over one story. It also dropped more napalm than it did later in Vietnam. [4]

The reality, then, is exactly opposite of the narrative formulated in the Western mass media. Washington hasn’t responded to North Korean belligerence and provocations with a show of force. On the contrary, Washington deliberately planned a show of force in order to elicit an angry North Korean reaction, which was then labelled “belligerence” and “provocation.” The provocations, coldly and calculating planned, have come from Washington. North Korea’s reactions have been defensive.

http://www.informationclearinghouse.info/article34523.htm

Montana NDAA Nullification Bill Heads to the Governor

Today, the Montana Senate approved House Bill 522 (HB522) by a vote of 43-7, concurring with the State house which previously voted to approve the bill by a 98-0 vote.   The bill now goes to the Governor’s desk with a solid veto-proof majority.

If signed into law, HB522 would ban state compliance with, enforcement, enforcement of, or any assistance for NDAA “indefinite detention”.   It reads:

The state of Montana may not provide material support or participate with the implementation of sections 1021 and 1022 of the federal National Defense Authorization Act for Fiscal Year 2012, Public Law 112-81, within the boundaries of this state.

This would make a HUGE dent in any effort to further restrict due process – and would be a big step forward for Montana. As Judge Andrew Napolitano has said recently, such widespread noncompliance can make a federal law “nearly impossible to enforce” (video here)

Grassroots activists worked tirelessly to support this legislation, and people came from across the political spectrum in favor of the bill.  ACLU, Tenth Amendment Center, Oath Keepers and many others worked in favor.  Bill sponsor, Nicholas R. Schwaderer, a 24-year old freshman representative for the republicans gained much deserved support from people on both sides of the aisle. …

http://blog.tenthamendmentcenter.com/2013/04/montana-ndaa-nullification-bill-heads-to-the-governor-with-a-veto-proof-majority/