Govt to Borrow More Money, Buy More Bombs

Congress votes to end shutdown, raise debt ceiling

U.S. Congress has approved a bill to reopen the government and raise the debt ceiling until February 7, 2013, and Mr Obama has promised to sign the legislation immediately…

The Senate voted 81 to 18 to send the 35-page bill to the House of Representatives, where it was approved 285-144 about two hours later. All 198 Democrats present in the House and 87 Republicans voted for the bill; 144 Republicans voted against.

$1 Trillion On Defense

U.S. will have spent an astonishing $931 billion on DEFENSE in 2013, and that’s a conservative figure, according to The American Conservative .

“And this will turn out to be a conservative figure. We won’t spend less than that, but among other things, it doesn’t include the interest we’re paying on money we borrowed to fund past military operations; nor does it include portions of the National Aeronautics and Space Administration that are dedicated to national security. And we don’t know if this number captures the entire intelligence budget or not, because parts of intelligence funding are classified.”

U.S. Debt clock screen dump at 04:00UTC on October 17, 2013. Source: http://www.usdebtclock.org/

The following are Key Points from National Priorities Military Spending Fact Sheet

• Total Security Spending: The U.S. has spent more than $8 trillion on national security since Sept. 11, 2001. That includes funding for the Department of Defense, the U.S. nuclear weapon stockpile, wars in Iraq and Afghanistan, and homeland security.

• War Costs: President Obama proposes spending $79.4 billion in fiscal 2014 to fund war operations in Afghanistan and Iraq; by way of comparison, the president’s 2014 budget allocates a total of $65 billion for all federal education programs. Through fiscal 2013, an inflation-adjusted $1.65 trillion has been spent on the two wars.

• U.S. and the World: In 2012, the U.S. accounted for 39 percent [the figure was closer to 43 percent according to FIRE-EARTH estimates] of global military spending, while Iran, North Korea and Syria accounted for less than 1 percent, according to SIPRI, a Swedish research institute that tracks global military spending.

• What’s Happening Now: Committees in both the House and Senate voted to increase military funding in fiscal 2014, a move that could necessitate additional cuts to domestic programs in order to keep overall spending within mandated spending caps. The House proposed offsetting a 5 percent increase in military spending with an 18.6 percent cut to Labor, Health and Human Services, and Education.

Here’s U.S. Budget Breakdown for 2014, according to War Resisters League

Military Spending in the 2014 Budget

• Total Outlays (Federal Funds) $2,890 BILLION
• Military: 47% and $1,334 Billion

Source: War Resisters League

Related Links

• U.S. Government Shuts Down  October 1, 2013
• U.S. Public Debt Defies Gravity for 68 Days July 26, 2013
• Global Disasters/ Significant Events – September 19, 2013 September 19, 2013
• Most Unethical Nations in 2011 [and Probably 2012] December 31, 2011

Who Better to Win the Noble Prize for “Economic Science?”

It could be argued, of course, that no single group of academics, politicians, NWO saboteurs, or otherwise group of individuals of the same species, is solely responsible for the catastrophic state of the U.S. economy in the short term, but it’s a different ball game altogether over longer periods …

Global Disasters/ Significant Events – October 14, 2013

• Blizzard Kills 80,000 Cattle in S. Dakota
• Estimated 500,000 Mud Homes Destroyed by PHAILIN
• India Temple Stampede Deadlier than PHAILIN 
• Vietnam Evacuates 250,000 ahead of NARI
• New Zealand “lit up like a Christmas tree”

—|o|o|—

Other Global Disasters/ Significant Events

You take one look at the U.S. economy and know …

Nobel Committee have done it again!

They’ve awarded the Nobel Memorial Prize in Economic Science to three American professors—Eugene F. Fama, Lars Peter Hansen and Robert J. Shiller. 

Ignoring for a moment that economy is not even a science … Why did they award the prize to the U.S. academics?

Because they showed that asset prices move unpredictably in the short term, but with greater predictability over longer periods.

It could be argued, of course, that no single group of academics, politicians, NWO saboteurs, or otherwise group of individuals of the same species, is solely responsible for the catastrophic state of the U.S. economy in the short term, but it’s a different ball game altogether over longer periods …

—|o|o|—

UK Police colluded in secret blacklist of 3,213 building workers

Police officers across the United Kingdom “supplied information on workers to a blacklist operation run by Britain’s biggest construction companies, the police watchdog has told lawyers representing victims,” said a report.

Campaigners for the 3,213 blacklisted workers call the findings by the UK’s IPCC as “absolute evidence” of a conspiracy between the state and industry, said the report.

“The blacklist, run by a company called the Consulting Association, funded by 40 major firms in the construction industry including Balfour Beatty and Sir Robert McAlpine, was discovered in 2009 after a raid by the information commissioner’s office. Since then, the victims have fought to find out who was providing information against them. The IPCC’s correspondence is regarded as a major breakthrough.” Read more…

—|o|o|—

U.S. veterans groups protest shutdown at White House gates

“Veteran and Tea Party groups protested the U.S. government shutdown in Washington on Sunday, taking down barricades around the World War Two memorial on the National Mall before marching to the gates of the White House,” said a report.

—|o|o|—

Anti-migrant riot in southern Moscow

Police have detained about 400 protestors amid anti-migrant riots that broke out on Sunday in Moscow’s southern district of Biryulyovo. At least 20 people were injured, said a report.

“Several thousand people rioted in Biryulyovo on Sunday, storming a shopping center where migrants worked, tipping over cars, constructing barricades and throwing stones at the police in protest of last week’s murder of a 25-year-old local resident Yegor Shcherbakov, who was stabbed to death while walking home with his girlfriend. The attacker was identified as a migrant by Russian media.”

—|o|o|—

Russian police arrest 1,200 at Vegetable Warehouse Targeted in Anti-Migrant Riots

Russian police said Monday they had arrested 1,200 people at a vegetable warehouse in a Moscow suburb that targeted by the anti-migrant rioters on Sunday, reported RIA Novosti.

“One video clip of the weekend violence showed a group of protestors chanting Russian nationalist slogans and breaking into a shop, smashing glass and setting off smoke bombs.”

Moscow police rounded up and arrested more than 1200 migrant workers at a vegetable warehouse in Zapadnoye Biryulyovo on Oct. 14, 2013. Credit: RIA Novosti/Grigory Sysoev

Russia’s Interior Minister has put the entire police force in Moscow  on alert to control mass unrest, the Kommersant newspaper reported. The response includes “Volcano 5 strategy,” which has been invoked for the first time since the 2010 deadly terrorist attacks on the Moscow metro, said the report.

—|o|o|—

More to follow …