G20: Banks must hold on to Cash for coming Crisis

The International Crime Syndicate, better known as the G20, determined at its last meeting that the collapse and consolidation of the global economy will begin around 2012 and finish in 2016 with the liquidation of all countries who are in debt with the IMF and the World Bank.

By Luis Miranda
The Real Agenda
June 29, 2010

Bankers and G20 members have direct and indirect ways to speak to the public. At the end of the latest G20 meeting in Toronto, both

From right to left: Canadian Prime Minister Stephen Harper, UK Prime Minister David Cameron and U.S. President Barack Hussein Obama.

groups spoke very clearly about what they have in mind for the foreseeable future. First, they are all in the run to help the process of global consolidation. Second, they will extend the current depression by slowly cutting the available cash for lending. Third, they will continue their austerity programs in a country by country basis to slowly kill their economies and consolidate each nation. Fourth, now that they have robbed the people’s taxes through their rescue packages, they plan to rob shareholders by putting the burden of future rescues on them when the next crisis comes. Fifth, they are disingenuous or irresponsible by thinking that putting aside 130 billion pounds will create any security for the economy, given that only the derivative schemed debt ascends into the quadrillion of dollars. And lastly, they intend to seed and water the final implosion, which according to their communique, can come as soon as 2012.

If all these sounds confusing, please let me explain.

Let’s start by remembering that the G20, and mainly the G8 were the ones who caused the current financial crisis. They did it through their front companies e.g. banks, which implemented a series of corrupt schemes to bankrupt economies and whole countries through investment and betting into risky and sometimes nonexistent financial products e.g. derivatives. These schemes were allowed to exist given the fact that for the past two decades most of the regulations put in place to stop financial fraud were eliminated as an excuse to enable “free markets”. What deregulation effectively permitted was the creation of bogus investing plans which the banks later offered to countries, states and municipalities -often times through governments- and used them to acquire all their infrastructure and cash through the issuance of debt or fraudulent investment.

It has become clear that the G8 and the bankers are not interested in improving current economic conditions. They simply want to extend the crisis as long as they need to, in order to execute their final plan of global implosion. That is what emerges from the idea of cutting lending money and asking banks to hoard the cash for the next crisis, as the G20 communique says. Although 130 billion pounds is peanuts in comparison with the debt most G8 countries hold today, the action of keeping the cash in reserve paints a clear picture of what the ‘leaders’ have in mind. What they want is a slowly and painfully grind down the economies in order to cause the greatest damage. Such policy will assure them the consolidation of more resources before the final blow to the global economy is given.

One of the most important tools the bankers have used along the last 100 years is to create an artificial bubble of money abundance -Fiat money- in order to get the countries and the public to trust them. This is what many describe as economic booms. But given the fact that the global economy is based on debt and fractional reserve banking, the only goal the money bubbles had was to hook up the greatest amount of debt on consumers to then pull the cash off the markets. By doing this, the bankers accelerate their consolidation process. Along with the reduction in lending, G8 nations agreed to continue the austerity plans in each individual country. Austerity will be implanted on the working class by cutting services such as police, hospitals, school funding, and social programs. This will in turn cause civil unrest, which is what the bankers want in order to officially freely unleash their military and technological control grid. A preview of what this grid would look like was seen on the streets of Toronto during the last G20 meeting. It was also seen during Argentina’s collapse in 2001.

The infamous rescue packages glorified by the IMF and the World Bank as the best way to avoid a complete collapse of the global economy -which as explained before was caused by the bankers themselves- were the biggest transfer of money and resources in the history of the world. Only the United States gave the bankers around $25 trillion in tax payer money so Goldman Sachs, Iberia Bank, JP Morgan Chase, Bank of America and others could pay their shareholders their chunk of the loot. See a complete list of what banks got the cash here. But those $25 trillion were not enough, of course. Germany for example, voted to give 66% of its annual revenue to the banks. Going by the G20′s communique it is clear they are planning another big collapse, possibly the last one. It is also clear they will have to rob someone else this time and that is what the bankers and the ‘leaders’ have said. They will stick the next rescue package to the banks’ shareholders -not to the big ones, though-. So if you have investments in any bank, it is advised to rescue yourself out of it before the new banking package comes along. Shamelessly, they will obligate the banks to hold billions so when the next crisis comes, taxpayers will not be burdened as if we don’t know those billions are the same they stole last 2009. Now that they consolidated and stabilized their fraudulent financial system, it won’t matter if other banks fail, because they are all covered.

The idea that 130 billion pounds is a safety net for a future crisis, or double dip recession as they like to call it, is preposterous. Derivative-produced debt is, depending who you ask, between $600 trillion and $1 quadrillion. According to Robert Chapman, from the theinternationalforecaster.com, buying derivatives is not investing.  It is gambling, insurance and high stakes bookmaking.  Derivatives create nothing.” According to the Bank of International Settlements, the derivative bubble has grown exponentially to a point where the amounts negotiated under this scheme has long surpassed the world’s GDP. “Derivative trades have grown exponentially, until now they are larger than the entire global economy.”Credit default swaps (CDS) is the most common form of derivatives. CDS are bets between two parties on whether or not a company will default on its bonds. They are indeed illegal insurance policies, with no requirement to hold any asset. CDS are used to increase profits by gambling on market changes.

The WEB of DEBT in which the current economy was built throughout the past 100 years was the tool used in a process to reverse everything humans achieved. It was not unintended however, as this was the mechanism the globalist bankers planned on using from the beginning. Every time the world experienced a financial crisis like in 1929-1933, the grip of control tightened more and more. The measures to avoid a total collapse, as we were told, were not such. They were simply ways to postpone the imminent collapse.  But the measures the bankers implemented cannot be used forever. Sooner rather than later something will give in. The step by step, ad hoc and non-holistic approach of Fed and Treasury to crisis management has been a failure. . . . [P]lugging and filling one hole at [a] time is useless when the entire system of levies is collapsing in the perfect financial storm of the century. A much more radical, holistic and systemic approach to crisis management is now necessary,” says professor Nouriel Roubini. founder of Roubini Global Economics.

After turning the global economy into a service-based system, where no quality products are manufactured; after driving developing countries into massive debt while collapsing the economies of the western world, the bankers are ready for their last move: a one last crisis. According to the G20 communique, its members must cut their deficits by 2013, a process that already started. This process is supposed to end in 2016, when the nations should have stabilized their deficits. Cutting and then stabilizing deficits means that debtor countries will have to find a way to pay their debts in full to the IMF and World Bank according to the conditions imposed by those entities. Every country that does not pay in full will be liquidated and their resources will be automatically transferred to the globalist bankers. Imagine what happened to Argentina, Greece and Iceland in the last decade, but instead of being those countries, the debtors will be the United States, Spain, Portugal, England and Germany.

Brazil is getting hot. Too hot, too fast

If there is one thing proven beyond doubt during this crisis is that government interventionism in the free market is nefarious.  Developing countries are again and again the victims of globalist inspired management.  Argentina was one notorious case, Iceland and Greece have followed; and now Brazil, a fairly prosperous country in the last decade, is on the way to becoming another victim of artificial implosion.

Financial Times

Brazil’s central bank raised its policy interest rate by three quarters of a percentage point on Wednesday evening in another sign thatBrazil getting too hot the country’s breakneck pace of growth is causing concern over rising prices.

Brazil’s economy expanded by 2.7 per cent in the first quarter over the previous quarter and by 9 per cent over the first quarter of 2009, the national statistics office said on Tuesday. That is much faster than what many economists consider to be the potential, or non-inflationary, rate of about 4.5 to 5 per cent.

“This shows there has been no change in the bank’s position since its previous increase in April,” said Silvio Campos Neto of Banco Schahin in São Paulo. “It is clear from all the indicators that the economy is heating up and inflation is still above target. This is worrying and demands further increases in rates.”

The bank raised its target overnight Selic rate to 10.25 per cent a year, the second three-quarter-point increase at the last two six-weekly meetings of its monetary policy committee.

Consumer price inflation ballooned from a low of 4.17 per cent a year last October to 5.22 per cent in the 12 months to May. Many economists expect inflation to reach 6 per cent by the end of this year, well above the government’s target of 4.5 per cent. Economic growth is expected to be about 6.6 per cent this year.

Mr Campos said he expected the bank to raise the Selic rate to 11.75 per cent by the end of this year.

He said successive interest rate increases would help bring growth back to sustainable levels and predicted the economy would grow by about 4.3 per cent in 2011.

Brazil’s domestic market has recovered quickly from a brief recession during the global crisis, spurred on by a rising consumer class that has benefited from more than a decade of economic stability and low inflation, and from low-cost but effective income transfer programmes.

But the fast pace of growth has exposed bottlenecks such as the poor quality of Brazil’s infrastructure and its heavy tax burden. The rate of investment has risen in recent years but is still short of what is needed to deliver fast, sustainable growth.

Background: Fears of overheating

Brazil’s economy was among the fastest growing in the world during the first quarter, according to figures released on Tuesday that add to fears the economy is overheating and to expectations that the central bank will raise rates again on Wednesday.

The economy grew at a faster-than-expected annual rate of 9 per cent in the three months to March and by 2.7 per cent compared with the previous quarter, according to the IBGE, the national statistics office.

Part of the reason for the growth was an increase in investment, with the rate of investment rising to 18 per cent from 16.3 per cent a year earlier, spurred by gross fixed capital formation, which leapt by 26 per cent year on year, the fastest rate since the IBGE’s current series began in 1995.

“This confirms that the economy is very heated,” said Rafael Bacciotti, economist at Tendências, a consultancy in São Paulo. “The stand-out sectors were industry and services. Employment and wages are also growing strongly and we expect this to continue throughout the year.”

The manufacturing industry grew by 17.2 per cent year on year and the retail sector by 15.2 per cent. Imports also set a record, surging by 39.5 per cent year on year.

The central bank’s most recent weekly survey of market economists showed expectations of overall growth this year rising to 6.6 per cent, the 12th consecutive week of climbing expectations.

But many believe the economy cannot grow at more than 4.5 or 5 per cent a year without provoking an increase in inflation.

The central bank has been forced to act by steadily rising inflation expectations over recent months. Since October, Brazil’s consumer inflation rate has surged from an annual rate of 4.17 per cent to 5.26 per cent in April. However, the central bank’s most recent survey showed a slight drop in forecasts for inflation during 2010, with the average falling to 5.64 per cent from 5.67 per cent a week earlier.

Most economists expect the central bank to announce a second consecutive three-quarter percentage point rise in its policy interest rate, the Selic, at the end of its monetary policy committee’s regular two-day meeting tomorrow.

The committee meets every six weeks to decide whether to change the Selic rate in pursuit of the government’s annual consumer price inflation target, currently 4.5 per cent a year.

If expectations are confirmed, the Selic will rise to 10.25 per cent a year, up from 8.75 per cent when the current tightening cycle began in April.

BP’s Robert Kaluza pleads fifth amendment to avoid testifying

by Luis R. Miranda
The Real Agenda
May 17, 2010

One of the ‘company men’ who were on the Deepwater Horizon platform before the explosion occurred decided not to testify in one of the hearings being held as part of the investigation conducted after the disaster.  Robert Kaluza “declined to testify in front of a federal panel investigating the deadly oil rig blowout,” reports the Miami Herald.  Kaluza told the U.S Coast Guard he was invoking his constitutional right to avoid self-incrimination.

There can be only one reason why Mr. Kaluza decided not to testify and that is there may be a chance of criminal liability against him and BP.  As we reported yesterday, a witness has testified BP’s “company men” decided to fill the well with salt water instead of mud as then cement, which is the standard procedure.  The April 20 explosion killed 11 workers and the leak continues to spew oil up to today, more than a month later after the explosion.  Although the government said initially the spill was releasing around 210,000 gallons a day, scientists have found it could more than 3 million gallons a day.

Although the government’s hearing in Louisiana failed to determine the cause of the explosion, if one goes by the testimony from Truitt Crawford, it is clear as he explained that the explosion occurred because BP decided to save money by ignoring warning signs -unusual pressure and fluid readings on the rig — and to remove heavy drilling fluid from the well and replacing it with lighter-weight seawater that was unable to prevent gas from surging to the surface and exploding.

Platform workers testified that previous to the explosion, they heard a verbal fight over the decision to ‘take shortcuts’.  The workers say the argument was of the kind commonly experienced when multiple parties involved in offshore operations cannot agree on how things should be ran.  The consequence of that disagreement was the resulting deadly explosion.

The Herald reports that one employee who was worked for Transocean, warned they would have to rely on the structure’s blowout preventer if they went the way BP’s ‘company men’ wanted to go.  ”He pretty much grumbled, ‘Well, I guess that’s what we have those pinchers for,” the rig’s chief mechanic, Doug Brown, said of Jimmy Harrell, the top Transocean official on the rig.  The word “Pinchers” probably referred to the shear rams in the blowout preventers, the tools of last resort used to stop the explosion.

Decisions related to the drilling process were in the hands of BP, and sworn testimony by Doug Brown included a quote from a BP high up who ultimately said that: “This is how it’s going to be.”  He ignored the warning signs from the mechanism as well as those from the platform’s crew and let the explosion happen.  During the hearing, Brown was asked if he remembered the name of the BP official who made the decision, but he said he could not remember it.

Robert Kaluza’s attorneys, Shaun Clarke and David Gerger, came out in defense of their client and defined him as a “dedicated, hard-working, conscientious man” whose 35 year experience working in oil fields would have been enough not to do anything wrong. He “did no wrong on the Deepwater Horizon.”  Another BP official, DOnald Vidrine, excused himself from the hearing under alleged undisclosed medical condition.  Other BP officials are to testify on Thursday.

The Justice Department did not assure the press if a criminal investigation was taking place or would take place in the future, but Congress has called for one.  In the meantime federal investigators asked Transocean keep anything considered to be potential evidence.  Carl Smith, a Coast Guard expert testified and reinforce the already known fact that  ’company men’ have a lot to say on decisions made at an oil platform.


BP’s manager confesses his bosses caused explosion

AP

BP's CEO Tony Hayward

Senior managers complained oil giant BP was “taking shortcuts” by replacing heavy drilling fluid with saltwater in the well that blew out, triggering the massive oil spill in the Gulf of Mexico, according to witness statements obtained by The Associated Press.

Truitt Crawford, a roustabout for drilling rig owner Transocean Ltd., told Coast Guard investigators about the complaints. The seawater, which would have provided less weight to contain surging pressure from the ocean depths, was being used to prepare for dropping a final blob of cement into the well.

“I overheard upper management talking saying that BP was taking shortcuts by displacing the well with saltwater instead of mud without sealing the well with cement plugs, this is why it blew out,” Crawford said in his statement.

A spokesman for BP, which was leasing the rig Deepwater Horizon when it exploded April 20, killing 11 workers and triggering a massive oil spill in the Gulf of Mexico, declined to comment.

The Coast Guard on Wednesday granted final approval for BP’s latest bid to plug the leaking well by force-feeding it heavy drilling mud and cement. There was no word on when that attempt might begin.

Meanwhile, the statements from workers ahead of a hearing in New Orleans on Wednesday and a congressional memo about a BP internal investigation of the blast indicated warning signs were ignored. Tests less than an hour before the well blew out found a buildup of pressure that was an “indicator of a very large abnormality,” BP’s investigator said, according to the congressional memo.

Still, the rig team was “satisfied” that another test was successful and resumed adding the seawater, said the memo by U.S. Reps. Henry Waxman and Bart Stupak to members of the Committee on Energy and Commerce, which is investigating what went wrong.

There were other signs of problems, including an unexpected loss of fluid from a pipe known as a riser five hours before the explosion, which the memo said could have indicated a leak in the blowout preventer, a huge piece of equipment that should have shut down the well in case of an emergency. BP has cited its failure as a contributor to the blast.

The witness statements show rig workers talked just minutes before the blowout about pressure problems in the well. At first, nobody seemed too worried: The chief mate for Transocean left two crew members to deal with the issue on their own.

What began as a routine pressure problem, however, suddenly turned to panic. The workers called bosses to report a situation, with assistant driller Stephen Curtis telling one senior operator that the well was “coming in.” Someone told well site leader Donald Vidrine that they were “getting mud back.” The toolpusher, Jason Anderson, tried to shut down the well.

It didn’t work. Both Curtis and Anderson died in the explosion.

At the hearing in New Orleans on Wednesday, Douglas Brown, the Deepwater Horizon’s chief mechanic, testified about what he described as a “skirmish” between someone he called the “company man” — a BP official — and three other employees during a meeting the day of the explosion.

Brown said he didn’t pay particular attention to what they were discussing because it did not involve his engine room duties. He later said he did not know the BP official’s name.

“The driller outlined what would be taking place, but the company man stood up and said ‘We’ll be having some changes to that,’” Brown testified. He said the three other workers initially disagreed but “the company man said ‘This is how it’s going to be.’”

Frustration with BP and the federal government has only grown since then as efforts to stop the leak have failed. At least 7 million gallons of crude have spilled into the sea, fouling Louisiana’s marshes and coating birds and other wildlife.

President Barack Obama prepared to head to the Gulf on Friday to review efforts to halt the oil that scientists said seems to be growing significantly darker, from what they can see in an underwater video. It suggests that heavier, more-polluting oil is spewing out.

Ahead of his trip, Obama planned to address an Interior Department review of offshore drilling that is expected to recommend tougher safety protocols and inspections for the industry, according to an administration official. The official spoke on condition of anonymity ahead of the public release Thursday of the findings of a 30-day review Obama ordered after the spill.

A new report from the Interior Department’s acting inspector general alleged that drilling regulators have been so close to oil and gas companies they’ve been accepting gifts including hunting and fishing trips and even negotiating to go work for them.

The top kill BP was poised to try Wednesday involves pumping enough mud into the gusher to overcome the flow of the well.

Engineers plan to follow it up with cement that the company hopes will permanently seal the well. It may be several days before BP knows if it worked. BP Chief Executive Tony Hayward earlier pegged its chances of success at 60 to 70 percent.

Bob Bea, an engineering professor at the University of California at Berkeley, said the procedure carries a high risk of failure because of the velocity at which the oil may be spewing.

“I certainly pray that it works, because if it doesn’t there’s this long waiting time” before BP can dig relief wells that would cut off the flow, Bea said.

Associated Press writers Mike Kunzelman in New Orleans, Jeff Donn in Boston, Ben Evans, Ben Feller, Fred Frommer and Erica Werner in Washington, Alan Sayre in Kenner, La., and Holbrook Mohr in Jackson, Miss., contributed to this story.

Cybersecurity: The Takeover of the Internet

By Luis R. Miranda
The Real Agenda
May 1, 2010

In the United States, a recent version of a bill was passed by the House Of Representatives, which will give the Federal cybersecurityCommunications Commission (FCC) complete dominion over the web. The bill includes the creation of a new sector of internet security which will include the training, research and coordination of cyberspace. It allows the National Institute of Standards and Technology (NIST) to create a program to recruit children from Kindergarten up to 12 years old to teach them how to carry out internet surveillance, as part of the new Cyber Army. The scholarship program that will fund the training will teach the students how to create and identity management systems used to control access to the web, computer networks, and data. It will also create a series of standards which all service providers will have to meet in order to remain active. Internet users will have to put up with endless requirements, which include the use of government issued software. Bye, bye Linux!

In section 12, subsection 4, the document reads: “We shall provide a procedure to identify K-12 students to participate in summer work and internship programs that will lead to the certification of a federal information technology workforce standards…” In other words, anyone who intends to work anywhere close to the internet, will need to be certified by the federal government, and the federal government will assure itself it will have the “humans resources” to carry this plan out by recruiting children as young as 5 years of age.

Besides the programs described above, the bill also talks about the creation of new protocols that will provide enhanced security. All software made available will have to first be reviewed by the government and then pre-aproved. Again, bye bye open source! Coincidentally, Google has announced the creation of their own version of the internet; which many worried citizens recognize as a beta test for the coming internet 2.0. Among some of the suggested practices that would be adopted under this internet 2.0, is the use of biometric identification in order to access the web. This would allow the government and its technology partners -AKA Microsoft, Google, AT&T, Verizon and others- to further monitor anyone who uses the web, since such identification would narrow down the work to a single individual operating from a specific computer at a specific location. This type of practices have been put in place by technology manufacturers in computers, external hard drives and other devices, which were biometrically enabled. Recently, Microsoft unveiled the latest version of their Xbox game console which features a 5 megapixel camera that activates on movement and recognizes specific body movements.

Section 7, which talks about licensing and certification of cybersecurity professionals reads: “Beginning three years after the enactment of this act, it shall be unlawful for any individual to engage in business in the United States or to be employed in the United States as a provider of cybersecurity services to any federal agency or information system or network … who is not licensed and certified by the program.” Reading further into the bill, it is clear the mentioned networks include not only the all public ones, but also all private ones.

The Comprehensive National Cybersecurity Initiative will give the President emergency powers -to be added to the ones he got under the Patriot Act- that include contingencies to limit the publication of content, access to the internet and shut down of the web. Some presidential aides as well as technology professional who support the bill tried to dampen critics concerns alleging the president already has vast powers to regulate the Internet during emergencies. No one would think the government’s intent is to take advantage of a bill like this in order to limit or end access to the net, if it was not for the crystal clear statements that government officials have put out with respect to net neutrality, internet 2.0, access to the web and so on. One of the best examples we can use to illustrate what the military industrial complex is planning to do is the most recent statements by Barack Hussein Obama’s Regulatory Czar, Cass Sunstein. He said websites should be mandated remove “rumors” and “hateful” or “absurd” statements, usually contained in “right wing” websites. “In the era of the Internet, it has become easy to spread false or misleading rumors about almost anyone,” Sunstein writes. “Some right-wing websites like to make absurd and hateful remarks about the alleged relationship between Barack Obama and the former radical Bill Ayers; one of the websites’ goals was undoubtedly to attract more viewers. “On the Internet as well as on talk radio, altruistic propagators are easy to find; they play an especially large role in the political domain. When Sean Hannity, the television talk show host, attacked Barack Obama because of his alleged associations, one of his goals might have been to promote values and causes that he cherishes.”

The kind of policies bills like the passed in the U.S. House of Representatives wants to implement, are also being proposed and adopted elsewhere in the world. In Australia, senators are rocking their newly acquired powers, by telling the citizens what is legal and what is illegal to say or publish on the web. One of the many people advancing censorship in the land down under is Senator Steve Fielding, who is a member of the party called Family First. He wants all X-rated content banned for everyone, including adults. Mr. Fielding is open to wide censorship on the internet.

Meanwhile in Indonesia, the local government is following on the steps of the United States and Australia. “There are myriad violations by Internet users in Indonesia. We don’t have any intention to move backward… but we don’t want people to think that the government ignores matters like pornography on the Internet.” Recent laws passed in Indonesia were adopted despite firm opposition and widespread protests. The bill was supported by conservative Muslim groups such as the Prosperous Justice Party (PKS), which traces its origins back to Egypt’s outlawed Muslim Brotherhood.

Governments and organizations that support internet censorship and push for cybersecurity acts usually cite pornography, rumors, hate speech and conspiracy theories as the reasons to intervene with what is written and read online. In reality, however, such plans are efforts to minimize or eliminate dissent, much like some governments like Venezuela, Iran, Saudi Arabia and Cuba close newspapers and television stations that challenged the “official position”.

In the United Kingdom, a bill labeled as The Digital Economy Bill includes a new code to limit Internet access. Local reports warn that the government may bypass the regular consultation process to bring it into force. The bill in the UK contains two clauses, 10 and 11, which are particularly worrisome. They would enable Ofcom to move forward with technical measures as soon as the Initial Obligations code has been introduced. This is seen as a government plan to jump the gun, and ahead to limit the Internet without following the appropriate steps. According to the site IPINTEGRITY.com, the rules included in the bill mirror the language of ‘limitations’ contained in the Universal Services directive in the E.U. Telecoms Package.

What other goals do these kind of internet bills will try to achieve?

Back in the United States, section 5 of the Cybersecurity bill states: “The transfer of cybersecurity standards, processes, technology and techniques, will be developed by NIST.” Both NIST and the FCC, have praised Google’s initiative to build a high speed version of the internet. At the same time, the FCC is in the process of submitting a National Broadband Plan which will effectively limit the amount of time and areas a user can access. In addition, internet users would be charge by the use of bandwidth, the amount of downloads and so on. Among the plans to be implemented with the new cybersecurity bill is the “harmonization” of the web. This means, people will eventually have to use software approved by federal agencies in order to access the world wide web.

Section 6, which details the new standards NIST will put in place, indicates that those who do not comply with federal regulations will be barred from using the internet. Subsection 2.2, again touches on the FCC’s prerogative to decide what are safe standards and to allow access to the web only to those Internet Service Providers (ISP’s) and other companies that meet those standards. In other words, companies that provide internet services and the users themselves will have to operate under the federal governments boundaries or simply forget about what up until now has been a freely accessed medium. This type of policies match Cass Sunstein’s views regarding the use of the web. He says: “freedom usually works, but in some contexts, it is an incomplete corrective.” He proposes a “chilling effect” on “damaging rumors” or using “corrective” measures to deter future rumor mongers. WND reported about Sunstein’s “First Amendment New Deal” also known as a new “Fairness Doctrine” that includes the creation of a panel of “nonpartisan experts” to force “diversity of view” on the airwaves. The regulatory Czar’s radical proposal is contained in his 1993 book “The Partial Constitution.

Section 8, which talks about Domain Name Contracts, gives an advisory panel created by the act veto power on decisions made by the assistant secretary of commerce for Communications and Information with respect to renewal or modification of the Internet Assigned Numbers Authority for the operation of Domain Name System. This seems to echo what was stated by the two representatives who presented the cybersecurity bill. “We must protect our critical infrastructure at all costs—from our water to our electricity, to banking, traffic lights and electronic health records,” Jay Rockefeller said. Olympia Snowe agreed with her colleague: “if we fail to take swift action, we, regrettably, risk a cyber-Katrina.” The governments that approve bills like the ones in the U.S., and initiatives like the ones in Indonesia, Australia, New Zealand, the United Kingdom and other countries, will certainly follow on the steps China has left behind. There, “companies like Cisco Systems, Nortel Networks, Microsoft, Sun Microsystems and Websense – stand accused of aiding and abetting human rights violations,” states the website campaignforliberty.com. The group Amnesty International documented violations committed by Chinese authorities which have introduced regulations, closed LAN houses, spied on and blocked e-mails, taken down search engines as well as foreign news and politically-sensitive websites. More recently, a new filtering system was put to work, with the intention of banning a list of key words and terms”. Such control, it seems, can be implemented either through a central organization that will oversee all internet providers and users, or through regional and local management posts, which the American bill states, will be established through the monetary support of non-profit organizations which will serve as branches for the centralized cybersecurity center.

Groups concerned with the far reaching powers the bill appropriates to the president -whomever he or she happens to be- as well as federal agencies are already mobilizing to show their opposition. GoPetition.com, is a place where people can sign a petition to reject S773. The site correctly states that if the bill passes, “Barack Obama can silence his dissenters directly by ordering a shutdown of all Americans’ access to the Internet. The Internet is a free marketplace of ideas and information and not a federal government property.” Another site called thepetitionsite.com also prompts people to make their voice heard by signing their petition. “If you’re on this site, then you probably know how useful the internet is for the sharing of information.” And it continues, “You also probably enjoy the many ways you can interact with others and entertain yourself. This will all come to and end if the cybersecurity Act of 2009 (s773) passes.” The website freedomfactory.us begins its opposition by citing what many internet users are familiar with: “The usual threats and scare tactics are used to justify giving Big Brother greater powers, including giving the President the power to shut down portions of the internet he deems a threat to national security, and access to vast amounts of digital data currently legally off limits.”

Shelly Roche, from breakthematrix.com pointed out a very important issue. The more dis-centralized the management and control of the web is, the harder it is to “take it down” or significantly hack it to a level where it poses a threat to users or companies. “If common practices are forced on private companies via a federal certification program, hackers will have a road map that, once deconstructed, could unlock every compliant network.”

Just like the neoconservatives used Leo Strauss’ theory to create fictitious threats in the 20th century, engaging the fundamentalist Christians at home to build support, now communist/fascist infected federal governments have created a fake cyber threat in order to push their agenda to limit access to the world wide web. Just like the neocons succeeded in creating the fake war on terror based on a false premise and alliances with terrorist groups around the world -which they themselves financed and directed- now the liberals, -also controlled by banking interests- are trying to tighten the grip on the only medium that challenges their power and control; the only medium that brought some real freedom of information to the people; the only medium that put the brakes on their plan to create a global technocracy, to consolidate their scientific dictatorship.

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