Archive for the ‘blogroll’ Category

US GENERAL ARRESTED AND RELIEVED OF COMMAND FOR ORDERING SPECIAL FORCES TO HELP BENGHAZI CONSULATE

Saturday, November 3rd, 2012

The official story surrounding the events of September 11, 2012 in Benghazi, Libya which left four Americans dead, has now officially fallen apart.After numerous flips and flops by the Obama administration, which originally attempted to paint the incident as a Muslim outcry over an anti-Islamic video, whistle blowers throughout the U.S. government, including within the White House, the State Department, national intelligence agencies and the U.S.military have made available stunning details that suggest not only did operational commanders have live visual and audio communications from drones overhead and intelligence assets on the ground, but that some commanders within the military were prepared to go-it-alone after being told to “stand down.”

Africom commanding officer U.S. General Carter Ham, after being ordered to essentially surrender control of the situation to alleged Al Queda terrorists and let Americans on the ground die, made the unilateral decision to ignore orders from the Secretary of Defense and activated special operations teams at his disposal for immediate deployment to the area.

According to reports, once the General went rogue he was arrested within minutes by his second in command and relieved of duty.

“(The) basic principle is that you don’t deploy forces into harm’s way without knowing what’s going on; without having some real-time information about what’s taking place,” Panetta told Pentagon reporters. “And as a result of not having that kind of information, the commander who was on the ground in that area, Gen. Ham, Gen. Dempsey and I felt very strongly that we could not put forces at risk in that situation.”

The information I heard today was that General Ham as head of Africom received the same e-mails the White House received requesting help/support as the attack was taking place. General Ham immediately had a rapid response unit ready and communicated to the Pentagon that he had a unit ready.

General Ham then received the order to stand down. His response was to screw it, he was going to help anyhow. Within 30 seconds to a minute after making the move to respond, his second in command apprehended General Ham and told him that he was now relieved of his command.

The question now is whether the American people will hold to account the chain of command responsible for leaving our people behind, fabricating a politically expedient story, and continuing to sell the now defunct lie(s) even after all of their variations of the story were found to be false and misleading.

A General who made the decision to assist diplomatic and intelligence assets on the ground has been arrested and will likely be retired or worse, while those who ordered the removal of embassy security details and ordered U.S. forces to stand-down are left to go on about their business and likely risk more American lives in the future.

In some circles the actions of those at the very top of the command structure during the Bengzahi attacks would be considered traitorous.Delivered by The Daily Sheeple


Contributed by M. Frank Drover of The Daily Sheeple.

M. Frank Drover is a co-editor and contributor for The Daily Sheeple, an alternative media hub for leading headlines, head lies, opinion, and commentary. Wake the flock up!

This content may be freely reproduced in full or in part in digital form with full attribution to the author and a link to www.TheDailySheeple.com.

SANFORD WEILL REVERSES HIS LIFE: WANTS TO BREAKUP CITIBANK, JP MORGAN AND BANK AMERICA

Wednesday, July 25th, 2012

BREAKING NEWS FOR IMMEDIATE RELEASE:

In a block-buster, massive headline interview at 7 AM, July 25, 2012 on CNBC “Squawk Box,” Sandy says “Times have changed. . .  I want America to lead. . .  I care about America.”

Today’s 7 AM interview with Sandy Weill is the most important even since the 2008 crash of the world financial system that Weill sowed. Here is the legendary, most powerful man in Manhattan, a former Governor of the New York Federal Reserve Bank, suddenly advising the world to overturn the financial model that he personally created!

After singlehandedly overturning the Depression Era law, GlassSteagall Act, that separated deposit taking commercial banks from insurance from investment banking and securities, suddenly Sandy, at age 78, wants to break up the crown jewel of his professional career.

I had blamed Weill’s creation of Citibank as the seed that, in cooperation with the creation of Fannie Mae and the Obama/ACORN drive for mortgages to people who could not qualify for a $300 credit card, started the corruption and destruction of the world financial system that bore the deadly fruit of the 2008 worldwide financial crash.

Not only was I a corporate finance officer in a “major bracket” investment bank, I was my firm’s expert on financing and providing capital to commercial banks, and performed the last public equity financing of Barnett Banks of Florida. I had strenuously opposed the securitization of mortgages and other bank loans into securities that could be publicly traded.

At that time Sandy appeared to be ignoring the law and expanded his base of securities trading investment banks into commercial banking and into insurance. Sandy acquired a number of securities firms, which then acquired Citibank, Traveler’s Insurance, and the A.L. Williams multi-level marketing insurance and mutual fund organization.

It was Weill’s getting Glass Steagall overturned the made the hydra-headed “universal banks” like Citigroup into unmanageable monsters, and made Weill fabulously rich and powerful, while simultaneously creating a worldwide financial system that has proven to be catastrophic, and which still has not been fixed and made healthy.

What is it about old age that makes robber-barons suddenly see the error of their ways?

Sandy’s protégé Jamie Dimon is the legendary head of JP Morgan Chase. Dimon left Sandy when Sandy promoted his daughter in preference to Dimon. Under Dimon’s leadership, which was learned under and copied from Weill, JP Morgan has become the leading US “universal bank.” What impacts will Sandy’s advising that the US breakup the “universal banks” have on JP Morgan?

 

Weill now says that deposit taking institutions should be separate from investment banks, and thatbank and securities firms’ leverage should be 12 – 15 to one. Lehman, counting off balance sheet liabilities, was more than 50:1. Fannie Mae and Freddie Mac in 2008 were leveraged more than 50:1, which was wiped out in minutes.

Investment banks should not have the ability to be bailed out by central banks.

Frank Lynch terminates 2012 Presidential Campaign, Strives to Re-Invent Education

Monday, May 14th, 2012

May 14, 2012, Frank Lynch announces the termination of his 2012 Presidential Campaign.

Now that my 2012 Presidential Campaign is over, the most important thing you can do to save America is to help save our educational system, which is broken and dragging America back into the 20th century while Communist China leads the charge into the future.

Frank Lynch University is dedicated to producing the 3,000,000 missing biomed, math, science and engineering teachers required to provide meaningful, productive education to every child in America, regardless of race, background and lack of opportunity. The majority of schools in America fail miserably to do this, despite ever increasing Federal aid, student loans, and misleading, phony lip service that you see and hear everywhere.

Frank Lynch University has led the charge and defined the terms of the national debate on education. While CNN and liberals have coined the term “STEM” for Science, Technology, Engineering and Math, that happened only after Frank Lynch made this a national issue in his Presidential campaign website in August 2007 that was visited by virtually every Democratic Party strategist, consultant and state party machine member We know from our website software that Obama’s 2008 campaign team visited that campaign site and the Frank Lynch University website repeatedly and downloaded every page many times. Interestingly, so did the overseas intelligence services of the People’s Republic of China.

Unfortunately, no one, including President Obama’s team have done anything that truly advances the goal, and more than half of how they quote the August 2007 Presidential Campaign website is distorted and meaningless. Obama’s promise to reduce Federal aid to colleges that increase tuition is worse than a joke, it is an insult to our intelligence to think we would believe that lie. Obama and the Progressives and phony nonprofits are doing nothing but flushing down a giant toilet billions, even trillions of dollars into education that, as I have been among the first to post in 2004, ranks almost last among all industrialized nations.

The only chance America has to repair our broken educational system is through funding the startup of

Frank Lynch University™ right now!

Please help the future of America by donating tax deductible to Frank Lynch University at

http://www.fluni.com/donate.htm

Help cure America’s shortage of math, medical,

science and engineering teachers

before it is too late

LAW OF THE SEA TREATY (L.O.S.T.) CREATES NEW WORLD TAXING ENTITY

Thursday, May 10th, 2012

President Reagan vetoed the law of the Sea Treaty (L.O.S.T.) , but its supporters now claim that they achieved the terms that Ronnie wanted but couldn’t get. I have requested the staff promoting L.O.S.T. for links to the new language so I can perform further analysis.

But even the promoters of L.O.S.T. admit that it creates a new taxing authority. They claim the US would have permanent veto power of the new international body, and that the new taxes are small.

Well, golly gee whiz, that is how they always start a new tax. When Democrat President Woodrow Wilson started the income tax he claimed that it would never go over three percent, and it would only be temporary. I recall in the 1970′s, more than 50 years after the start of the “temporary” income tax, when I worked in New York at 42 Wall Street, paying more than 50% income taxes.

While awaiting links to the newest langauge of L.O.S.T., I must beg every Senator and President Obama not to pass this Treaty until we can have full and complete discussion of (1) creating a new world taxing authority and (2) the unintended consequences of creating new worldwide bureaucracies.

The mainstream media have been promoting the Law of the Sea Treaty, which means we should worry about it. Keep posted.

Obama’s Plan to Rein In College Costs

Saturday, January 28th, 2012

What a fraud!

Obama will cut federal aid if tuition goes up? Don’t believe it.

How much does tuition have to go up before taxpayer funding gets cut?

Then, by how much will it get cut.

Best guess is if one college increases tuition by $100,000,000, then Obama will cut federal aid by 12 pennies.

This is nothing but false promises to con people into re-electing Obama.

New URL

Monday, December 15th, 2008

 future posts by Frank Lynch blog will be available at

          http://franklynchusa.wordpress.com

which will be much more active than this blog!! 

Please update your Favorites and especially please add

this link to your own blogroll

Thank you for all your support!

 Together we have succeeded in defining the issues of the 2008 Presidential campaign.

Prior to posting the new ideology contained in Frank’s Top Ten List on my 2008 Presidential website at   http://www.franklynch.org  on July 20, 2007, none of the other candidates, including our new President, had included such vital issues as energy independence, windfarms, plug in electric cars, universal healthcare, tuition grants to college students, creating new jobs, and talking to our enemies.

Today all these issues arethe core issues of President Obama and the Democratic Party, and I am proud to have contributed to the future of America.

Please add the new blog   http://franklynchusa.wordpress.com   to your blogroll and favorites so we may add new issues, such as creating not the small number of Jobs Obama now seeks, but 10,000,000 new  jobs!

Federal Reserve Stampeding Public and Congress into Communnist Bailout

Friday, September 26th, 2008

Historically, every time the Federal Reserve has taken over a bank or savings and loan, the failed institution has been seized by the Fed’s staff arriving at the target institution’s headquarters after the close of business on Friday night, so that the public has the opportunity to adjust to the shock over the weekend, and so that there will not be a run of withdrawals the next morning.

This time, it would appear that the Fed was manipulated by politics regarding the public opposition to the Democratic Congress’ support of Paulson’s $700 billion, no strings attached, gift to his colleagues on Wall Street.

By Thursday afternoon it was clear that the Republicans in Congress had finally decided to listen to the wishes of the voters, and were refusing to go along with the Democratic Finance Chiefs Senators Chris Dodd and detached Barack Obama.

So the Fed attempted to panic the public by taking over Washington Mutual on Thursday night instead of over the weekend.

The Fed is part of the criminal conspiracy seeking to panic the public and the ignorant buffoons in Congress into a fearful stampede or else the world will end!

This is contemptible manipulation of the public through false fear, identical to the strategy of fearful stampede into the second Iraq war.

Thursday’s seizure of Washington Mutual by the Fed is a despicable attempt to use fear and panic to stampede both Congress and the public into a totally wrong and incredibly absurd course of action.

The $700 billion gift to Wall Street makes no sense at all and does nothing to treat the root cause of our problem, which is the permission of the government to financial institutions to bundle mortgages into tradable security packages.

The first step in curing the problem is to outlaw CDO and CMO packages, because they separate accountability from risk, thereby encouraging what should be criminalized activity bu unscrupulous mortgage lenders.

Paulson’s and the Democratic Congress want the bailout package to include “adjusting” individual mortgages downward, not to the new market value of the home, but to what the borrower can afford. Who determines, and by what mechanism, what the borrower can afford.

The adjustment provision goes far beyond socialism: it is pure Communism and abject redistribution of wealth.

No financial system on earth, and no nation, can survive is the government haas the authority to “adjust” individual’s debts.

The bailout package may well be the end of America.

Call your Congressmen and tell them you oppose every aspect of the bailout package.

Current laws and the operation of the Federal Reserve are everything we need for the markets to reach equilibrium. No intervention by government can make the oversupply of housing disappear.

Local governments and pressures within the Democratic Party to seze the foreclosed homes, or to use taxpayer dollars to repo them, and use them for low cost community housing is nothing but the purest form of Marxist Communism that will bankrupt America.

Every elected official who supports the Bush/Chris Dodd/Barack /Obama/Democrats bailout plans should be impeached, AND I mean it.

Then go to these sites and tell your elected officials that you “OPPOSE THE BAILOUT”

http://congressorg.capwiz.com/congressorg/directory/congdir.tt

Goldman Sachs and Morgan Stanley Are Bank Holding Companies

Sunday, September 21st, 2008

In the final destruction of all the wonderful laws passed by a thoughtful Congress and Franklin Delano Roosevelt to protect the American people from the excesses and corruption that caused the Great Depression, your totally incompetent government  taken the final steps to maximize the corruption of our financial system.

The last two major independent investment banking/ stock brokerage houses have now officially become commercial banks.

Don’t believe me? See:

http://federalreserve.gov/newsevents/press/bcreg/20080921a.htm

Wave of Tent Cities As In the Great Depression

Friday, September 19th, 2008

RENO, Nev. —  A few tents cropped up hard by the railroad tracks, pitched by men left with nowhere to go once the emergency winter shelter closed for the summer.

Then others appeared — people who had lost their jobs to the ailing economy, or newcomers who had moved to Reno for work and discovered no one was hiring.

Within weeks, more than 150 people were living in tents big and small, barely a foot apart in a patch of dirt slated to be a parking lot for a campus of shelters Reno is building for its homeless population. Like many other cities, Reno has found itself with a “tent city” — an encampment of people who had nowhere else to go.

From Seattle to Athens, Ga., homeless advocacy groups and city agencies are reporting the most visible rise in homeless encampments in a generation.

Nearly 61 percent of local and state homeless coalitions say they’ve experienced a rise in homelessness since the foreclosure crisis began in 2007, according to a report by the National Coalition for the Homeless. The group says the problem has worsened since the report’s release in April, with foreclosures mounting, gas and food prices rising and the job market tightening.

Will Everyone Who Bot Fannie Mae Stock Sue Merrill Lynch?

Monday, September 8th, 2008

Herb Allison,, former president of Merrill  Lynch, is the government appointed head of Fannie Mae.

i have been observing for some time that trading in both Fannie Mae and Freddie Mac should have been suspended because any financial analyst with even a broken pencil could see that both companies were grossly insolvent.

Merrill Lynch, Goldman Sachs, and all the brokers have at least one sharp pencil buried beneath the salesmen, and should have reasonably known of the de facto insolvency. They should have advised their customers that these firms were insolvent.

Trial lawyers, paradise is here!

The potential liability is huge to Merrill Lynch for continuing trading these stocks and permitting their customers to buy them through Merrill Lynch, earning excessive commissions for Merrill. The lower a stock price, the higher the commission as a percent of the trade.

Now the former president of one of the firms who did hundreds of billions of trading in the bad paper is in charge of Fannie Mae?

Is there no Shame?

There certainly is no honor left in American finance ad its regulators.