Some background on this old report…..this conference has been going on for some time, fluctuates between Garmisch and Moscow…The US has offered to host it but has been consistently turned down. China showed up two years ago and the next conference (2012) is scheduled to be in Beijing…..if the US cannot, with is efforts in technological development, host a cyber conference it is indicative of what the rest of the world thinks of us….
As Washington airs plans for a new “cyber command,” a top Russian official discusses the threat of cyberweapons.
Phi Beta Iota: The lack of intelligence and integrity in the US Government is chillingly deep, especially within the US secret intelligence, and nowhere more irresponsible than within the National Security Agency/US Cyber-Command – both oxymorons. The Chinese are all over NSA and Cyber is not a Command.
China: The Ministry of Commerce said on 16 November that China's exports are feeling pressure from global economic uncertainties. A spokesman said the ministry cannot be optimistic about the export situation during the coming period, citing a downshift in global economic recovery, a downgrade of the US credit rating and the expansion of the European debt crisis. He said that frequent protectionist measures and trade disputes have had a “relatively large influence” on China's exports and that these issues, along with rising costs at home, have complicated China's foreign trade outlook.
Comment: The Xinhua report is significant for several reasons. First it disclosed that the Chinese government expects that the credit rating of the United States will be downgraded. Second, the Chinese economists predict a contraction of the global economy. Finally, the Chinese anticipate a contraction of globalization as the result of protectionist policies, in other words, a reassertion of economic nationalism. The Chinese seem to expect that the export markets for cheap Chinese manufactures will shrink and the prices for raw materials will rise.
The apparent Chinese linkage of the US credit rating to the European debt crisis implies that the Chinese know or believe that US banks have much greater exposure to European sovereign debt than they have admitted. The Chinese assessment evidently is that Europe will drag down the US.
One Chinese economist, a professor of finance at the Chinese University of Hong Kong, recently wrote that the Chinese banking system is nearly bankrupt already and China's Gross Domestic Product is declining, but the Chinese are hiding the data. He wrote that “every province in China is Greece.”
This note is a warning to hedge bets in China in 2012.
Phi Beta Iota: Holistic analytics requires a responsible integration of all ten high level threats to humanity and all twelve core policy domains, among which energy and water are the most tangible. Countries that fail to plan for long-term affordable energy and for the protection and renewal of potable water will inevitably fail.
America’s majority who supported the Occupy Wall Street movement (OWS), within the 99% of all Americans, are being smeared by agent propagandists within the punditry of mainstream media (MSM).
For example, Michael Gerson’s black demagoguery, of the closet-right-wing Washington Post, is a good example. In one of his recent columns he declared the OWS movement seems little more than a “…confused set of grievances…” and paints the movement to have little ideological coherence save Marxist socialism and anarchy—referring to a “Paris Commune” in Oakland constructing barricades, setting fires, throwing concrete blocks and explosives. He also says city governments now begin to “…look hapless for their accommodation of squalor, robberies, sexual attacks, drug use, vagrancy, and vigilantism.”
Equally he attempts to blame the Democratic Party (that he claims is their “desperate” political calculation) for this phenomenon of the Occupy Wall Street (OWS) movement.
Yet in actuality this movement has exploded precisely because the Democratic Party has been, more or less, in lock step, (save quibbles here and there), with the equally corrupt Republican Party—that is by protecting and serving powerful interest groups and especially those on Wall Street.
From Oakland, California to New York City, the police, ordered by politicians, have smashed through Occupy encampments. Noted for their rigorous non-violence and orderly arrangements – tents with medical assistance, legal aid, libraries, media relations and sanitation controls – the Occupy protestors are being shoved out of their public places all over the country.
The Mayor of Oakland admitted to the BBC in an interview that mayors, police and other security officials have been in contact with each other regarding how to deal with the removal of the protestors, including an 18 mayor conference call she participated in recently.
The police power is always the first response to a mobilized citizen action that refuses to go away. Even a protest against corporate greed and governmental complicity shattering the economy and millions of livelihoods, which has widespread support by the American people, faces police intervention.
(from the website) Money talks, but not loud enough for the 99%. By circulating dollar bills stamped with fact-based infographics, Occupy George informs the public of America's daunting economic disparity one bill at a time. Because money knowledge is power.
The declines in US Federal prosecutions for financial fraud that began under G.W. Bush have followed that down trend that in the first three years of the Obama Administration. That might make more sense if Obama had not been elected as a reform president in response to one of the greatest financial frauds in American history.
Kiss My Shiny Ass....
In the first three years of the Obama Administration, federal prosecutions have been running at new highs. Over half of the prosecutions involve illegal immigration. Another 17% are drug related.
Illegal immigrants and drug dealers have the reputation for being notoriously cheap in providing campaign contributions.
Prosecutions for financial fraud however have dropped to the lowest levels in over 20 years.
Phi Beta Iota: When Goldman Sachs continues to “own” the Secretary of the Treasury, has its own lobbyist in the office of the National Security Advisor to the President, and can count on a the Fed Chairman–as always, both Jewish and ensnarled in conflict of interest relationships with the major private banks, we can only conclude that Bush-Obama are one.
