Showing posts with label new world order h1n1infobase. Show all posts
Showing posts with label new world order h1n1infobase. Show all posts
Sunday, October 24, 2010
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Thursday, October 14, 2010
U.S. mortgage rates reached new record lows
Oct 14 (Reuters) - U.S. mortgage rates reached new record lows in the latest week, according to a Freddie Mac survey released on Thursday, as data showing economic weakness fueled demand for safe-haven government debt.
Interest rates on U.S. 30-year fixed-rate mortgages, the most widely used loan, averaged 4.19 percent for the week ended Oct. 14, down from the previous week's 4.27 percent and the lowest on record, according to the survey that began in 1971.
The 30-year fixed-rate mortgage has been under 5 percent for 23 weeks in row. Rates were also below their year-ago level of 4.92 percent, said Freddie Mac (FMCC.OB), the second-largest U.S. mortgage finance company.
While rock-bottom rates offer a glimmer of hope for a housing market struggling to find footing in the aftermath of the expiration of popular home buyer tax credits earlier this year, their impact on demand for home purchase loans has been tepid. A weak jobs market and flailing economy continue to weigh on consumer confidence.
Meanwhile, 15-year fixed-rate mortgages fell to average 3.62 percent from 3.72 percent last week, the lowest since Freddie Mac began surveying this loan type in 1991.
"September's employment report held no big surprises to financial markets, allowing long-term bond yields and fixed mortgage rates to continue to ease," Frank Nothaft, Freddie Mac vice president and chief economist, said in a statement.
"As a result, both the 30-year and 15-year fixed mortgage rates hit all-time record lows for the third consecutive week," he said.
Mortgage rates are linked to yields on Treasuries and yields on mortgage-backed securities.
The Mortgage Bankers Association said on Wednesday mortgage applications for home refinancing loans rose for the first time in six weeks, with demand jumping to its highest level since late August. For details double-click on [ID:nNLLCLE6JW].
An increase in refinancing may provide a jolt to the economy as it could portend an increase in consumer spending. By lowering monthly mortgage payments it may also help some homeowners avoid default and foreclosure if their credit is good enough.
Michael Gapen, senior U.S. economist at Barclays Capital in New York, said low mortgage rates have significantly improved affordability, but believes a housing market recovery will be elusive without a stronger labor market.
"The rise in refinancing activity is good for household balance sheets and supportive of housing activity in general," he said.
"At this point a housing market recovery will largely depend on the ability of the economy to create jobs and support higher incomes for people," he said.
Freddie Mac said rates on 5/1 ARMs, set at a fixed rate for five years and adjustable in each following year, was 3.47 percent, unchanged from last week, tying the all-time lowest level since Freddie Mac began tracking this loan type in 2005.
One-year adjustable-rate mortgages were 3.43 percent, up from 3.40 percent last week. A year ago, 15-year mortgages averaged 4.37 percent, the one-year ARM was 4.60 percent and the 5/1 ARM 4.38 percent. [ID:nWALELE6OQ]
Jobless claims rise, topping 460,000
The number of Americans filing for first-time unemployment benefits rose last week, according to a government report released Thursday.
There were 462,000 initial jobless claims filed in the week ended Oct. 9, up 13,000 from an upwardly revised 449,000 the previous week, according to the Labor Department's weekly report.
Economists surveyed by Briefing.com were expecting 450,000 new claims.
The weekly figure has been stuck in a tight range since last November, hovering in the mid- to upper-400,000 range, and even ticking slightly above 500,000 in mid-August.
The 4-week moving average of initial claims -- a number that tries to smooth out week-to-week volatility -- was 459,000. This number is up 2,250 from the previous week.
While not a eye-popping number, Robert Dye, a senior economist at PNC Financial Services, says it is more evidence that the job market remains hobbled.
"Claims are going in the wrong direction again, but it's a one week move after several weeks of improvements," he said. According to Dye, smoother sailing should be ahead as the last of the temporary workers hired by the Census work through the system.
Continuing claims: The government said 4.399 million people continued to file unemployment claims for their second week or more, during the week ended Oct. 2, the most recent data available. That's down 112,000 from an upwardly revised 4.511 million the week before.
Economists were expecting 4.450 million people to file ongoing claims.
The 4-week moving average for ongoing claims fell by 34,500 to 4.488 million.
Continuing claims reflect people who file each week after their initial claim until the end of their standard benefits, which usually last 26 weeks. The figures do not include those who have moved to state or federal extensions, or people who have exhausted their benefits but are still out of a job.
State-by-state: Jobless claims in two states declined by more than 1,000 in the week ended Oct. 2, which is the most recent state data available. Claims in California dropped the most, by 6,131. The state attributed the drop to fewer layoffs in the trade and service industries.
Claims jumped by more than 1,000 in three states. They rose the most in Pennsylvania, by 2,869, due to layoffs in layoffs in the rubber/plastics, food, construction, and service industriesMonday, March 29, 2010
A bomb scare blamed on a passenger who had been drinking
A bomb scare blamed on a passenger who had been drinking caused a five-hour delay in Sunday's return to Port Canaveral for the Carnival Cruise Ship Sensation, authorities said.
No bomb was found and Brevard County deputies arrested a Virginia man accused of starting the scare.
The ship was on its way back from Nassau, Bahamas, early Sunday when witnesses heard the "highly intoxicated" passenger say that "a bomb was about to explode," and "We are Jihad," said U.S. Coast Guard Petty Officer 1st Class Christopher Evanson.
"In 2010, in today's age, you can't take that lightly," Evanson said.
The Coast Guard, FBI and Brevard deputies boarded Sensation at about 9:30 a.m. and after interviewing witnesses and the suspect, determined there was no bomb. Ibrahim Khalil Zarou, 31, was arrested at 10:15 a.m.
He was being held Sunday night on a charge of falsely threatening to detonate a bomb, Brevard jail officials said. Bail was set at $10,000.
Although the delay complicated connections for some the Sensation's 3,470 passengers, "You can't put a time [limit] on safety and security," Evanson said
A sheriff spokesman said the case is being turned over to the Coast Guard and FBI.
No bomb was found and Brevard County deputies arrested a Virginia man accused of starting the scare.
The ship was on its way back from Nassau, Bahamas, early Sunday when witnesses heard the "highly intoxicated" passenger say that "a bomb was about to explode," and "We are Jihad," said U.S. Coast Guard Petty Officer 1st Class Christopher Evanson.
"In 2010, in today's age, you can't take that lightly," Evanson said.
The Coast Guard, FBI and Brevard deputies boarded Sensation at about 9:30 a.m. and after interviewing witnesses and the suspect, determined there was no bomb. Ibrahim Khalil Zarou, 31, was arrested at 10:15 a.m.
He was being held Sunday night on a charge of falsely threatening to detonate a bomb, Brevard jail officials said. Bail was set at $10,000.
Although the delay complicated connections for some the Sensation's 3,470 passengers, "You can't put a time [limit] on safety and security," Evanson said
A sheriff spokesman said the case is being turned over to the Coast Guard and FBI.
Sunday, March 28, 2010
HR 646: U.S. Preparing for Civil Unrest?
In their quest for the truth ~ over 60,000 infuriated Greek citizens take to the streets in central Athens because the cash strapped government faces a financial reckoning. The Obama administration has prepared itself for eventually the same demands for the truth with HR 645 which is, in essence, militarized FEMA internment camps: Allen L Roland
Recently, street clashes broke out on March11th between rioting youths and police in central Athens as tens of thousands demonstrated during a nationwide strike against the cash-strapped government. Hundreds of masked and hooded youths punched and kicked motorcycle police, knocking several off their bikes, as police responded with volleys of tear gas and stun grenades.
www.dailymail.co.uk/news/worldnews/article-1257243/Greek-riots-Up-60-000-people-streets-protest-government.html
It's only a matter of time before the American people take to the streets particularly when they realize the full extent of cash strapped America's indebtedness as well as the financial backlash of Wall Street's ponzi scheme of offshore derivatives which has also brought Greece to its knees. We are talking trillions of dollars here. Meanwhile the U.S. Defense budget for 2011 will go up 7.1% .
Robert Reich, RobertReich.org, writes of the present sham recovery ~ "Are we finally in a recovery? Who's 'we,' kemosabe? Big global companies, Wall Street, and high-income Americans who hold their savings in financial instruments are clearly doing better. As to the rest of us – small businesses along Main Streets, and middle and lower-income Americans ~ forget it."
www.truthout.org/the-sham-recovery57638
Since the Obama administration is just as committed as the Bush administration to shielding the American public from honestly disclosing the full extent of its indebtedness ~ relying instead on a bank bailout buoyed mini recovery with the hopes of re-inflating the same debt bubble that just burst ~ it's just a matter of time before infuriated American citizens realize what has really happened and take to the streets.
Michel Chossudovsky spelled it out the consequences on March 18, 2009 Global Research , in an article entitled Preparing for Civil Unrest in America Legislation to Establish Internment Camps on US Military Bases
Excerpt: " A bill entitled the National Emergency Centers Establishment Act (HR 645) was introduced in the US Congress in January. It calls for the establishment of six national emergency centers in major regions in the US to be located on existing military installations.www.govtrack.us/congress/billtext.xpd?bill=h111-645
The stated purpose of the "national emergency centers" is to provide "temporary housing, medical, and humanitarian assistance to individuals and families dislocated due to an emergency or major disaster." In actuality, what we are dealing with are FEMA internment camps. HR 645 states that the camps can be used to "meet other appropriate needs, as determined by the Secretary of Homeland Security."
There has been virtually no press coverage of HR 645.
These "civilian facilities" on US military bases are to be established in cooperation with the US Military. Modeled on Guantanamo, what we are dealing with is the militarization of FEMA internment facilities.
Once a person is arrested and interned in a FEMA camp located on a military base, that person would in all likelihood, under a national emergency, fall under the de facto jurisdiction of the Military: civilian justice and law enforcement including habeas corpus would no longer apply.
HR 645 bears a direct relationship to the economic crisis and the likelihood of mass protests across America. It constitutes a further move to militarize civilian law enforcement, repealing the Posse Comitatus Act. "
Theodore Roosevelt once said that Honesty is the prerequisite for a strong and healthy Republic and our government, in that sense, obviously does not trust the people it represents with the truth ~ "We cannot afford to differ on the question of honesty if we expect our republic permanently to endure. Honesty is not so much a credit as an absolute prerequisite to efficient service to the public. Unless a man is honest, we have no right to keep him in public life; it matters not how brilliant his capacity.": Theodore Roosevelt - (1858-1919) 26th US President
We are no longer a Republic, we are now a Oligarchy where corporations now have tremendous financial and political leverage and their deepest fear is an informed, angry and rebellious public seeking the truth.
Take to the streets but be forewarned ~ the chips are increasingly being stacked against us.
Recently, street clashes broke out on March11th between rioting youths and police in central Athens as tens of thousands demonstrated during a nationwide strike against the cash-strapped government. Hundreds of masked and hooded youths punched and kicked motorcycle police, knocking several off their bikes, as police responded with volleys of tear gas and stun grenades.
www.dailymail.co.uk/news/worldnews/article-1257243/Greek-riots-Up-60-000-people-streets-protest-government.html
It's only a matter of time before the American people take to the streets particularly when they realize the full extent of cash strapped America's indebtedness as well as the financial backlash of Wall Street's ponzi scheme of offshore derivatives which has also brought Greece to its knees. We are talking trillions of dollars here. Meanwhile the U.S. Defense budget for 2011 will go up 7.1% .
Robert Reich, RobertReich.org, writes of the present sham recovery ~ "Are we finally in a recovery? Who's 'we,' kemosabe? Big global companies, Wall Street, and high-income Americans who hold their savings in financial instruments are clearly doing better. As to the rest of us – small businesses along Main Streets, and middle and lower-income Americans ~ forget it."
www.truthout.org/the-sham-recovery57638
Since the Obama administration is just as committed as the Bush administration to shielding the American public from honestly disclosing the full extent of its indebtedness ~ relying instead on a bank bailout buoyed mini recovery with the hopes of re-inflating the same debt bubble that just burst ~ it's just a matter of time before infuriated American citizens realize what has really happened and take to the streets.
Michel Chossudovsky spelled it out the consequences on March 18, 2009 Global Research , in an article entitled Preparing for Civil Unrest in America Legislation to Establish Internment Camps on US Military Bases
Excerpt: " A bill entitled the National Emergency Centers Establishment Act (HR 645) was introduced in the US Congress in January. It calls for the establishment of six national emergency centers in major regions in the US to be located on existing military installations.www.govtrack.us/congress/billtext.xpd?bill=h111-645
The stated purpose of the "national emergency centers" is to provide "temporary housing, medical, and humanitarian assistance to individuals and families dislocated due to an emergency or major disaster." In actuality, what we are dealing with are FEMA internment camps. HR 645 states that the camps can be used to "meet other appropriate needs, as determined by the Secretary of Homeland Security."
There has been virtually no press coverage of HR 645.
These "civilian facilities" on US military bases are to be established in cooperation with the US Military. Modeled on Guantanamo, what we are dealing with is the militarization of FEMA internment facilities.
Once a person is arrested and interned in a FEMA camp located on a military base, that person would in all likelihood, under a national emergency, fall under the de facto jurisdiction of the Military: civilian justice and law enforcement including habeas corpus would no longer apply.
HR 645 bears a direct relationship to the economic crisis and the likelihood of mass protests across America. It constitutes a further move to militarize civilian law enforcement, repealing the Posse Comitatus Act. "
Theodore Roosevelt once said that Honesty is the prerequisite for a strong and healthy Republic and our government, in that sense, obviously does not trust the people it represents with the truth ~ "We cannot afford to differ on the question of honesty if we expect our republic permanently to endure. Honesty is not so much a credit as an absolute prerequisite to efficient service to the public. Unless a man is honest, we have no right to keep him in public life; it matters not how brilliant his capacity.": Theodore Roosevelt - (1858-1919) 26th US President
We are no longer a Republic, we are now a Oligarchy where corporations now have tremendous financial and political leverage and their deepest fear is an informed, angry and rebellious public seeking the truth.
Take to the streets but be forewarned ~ the chips are increasingly being stacked against us.
FEMA Detention Site Plans Exposed
If, God forbid, Americans are ever rounded up in large numbers during a natural or manmade disaster, where could they be detained? Well, perhaps look no further than the school building next door, the office building around the corner or the stadium downtown. And besides existing military installations, state fair grounds, horse stables, airports “and maybe even a hotel” also could be used as detention centers.
That’s according to Restore the Republic’s Gary Franchi at Freedom Law School’s recent Health & Freedom Conference. Franchi was one of several speakers who gathered at the Airport Hilton in Ontario, Calif., March 12-15 to talk about cutting-edge developments in health and politics.
Many vigilant Americans have become aware of some apparently underutilized military facilities and other installations around the nation that seem designed to detain large numbers of people but are largely empty.
Unsubstantiated rumors and urban legends have been circulated, and Franchi was careful not to overstate this issue. But he said there is cause for considerable concern in these post-9-11 days when the normal patriotic impulses of Americans are being relabeled as radical or even on par with terrorism by federal agencies.
Franchi told the conference audience that on April 1, 1979, under Executive Order 12127, the Federal Emergency Management Agency (FEMA) was created but it unfortunately was “no joke” for April Fools Day. Just as FEMA was absorbed nearly 25 years later by the Department of Homeland Security (DHS), FEMA at its birth absorbed the Department of Defense civil-preparedness functions that designated schools, office buildings and other structures as atom bomb “fallout shelters” starting in the 1950s during the Cold War days with the Soviet Union.
DHS, created on the direct recommendation of the 9-11 Commission, that purported to deeply study what happened on Sept. 11, 2001, says, under its “Goals and Objectives” statement (Part VI), that its mission is to “protect our nation from dangerous people.”
Now under the DHS umbrella, FEMA’s three basic objectives, according to its own policy, are: national emergency recovery, continuity of government and “to combat perceived threats to the social and political order,” Franchi emphasized.
He showed an aerial picture of “FEMA City,” the drab barracks set up in Florida after Hurricane Charlie. These cookie-cutter mobile homes were “free housing with nosebleeds,” Franchi said, referring to the effects of chemical fumes emitted from the shoddy building materials.
The area, courtesy of FEMA, became a crime haven. Any genuine public benefit was marginal at best.
Fast-forward to Highland Mall in Austin, Texas, claimed by FEMA in 2005 in the wake of Hurricane Katrina as a place to put Louisiana refugees entering Texas. The New Orleans Superdome itself was “another
private building used to house refugees,” Franchi added.
Given the ongoing “war on terror” and the threat to the people’s liberties that can arise from “anti-terror” measures, combined with steep economic decline and the procedures and policies that FEMA and DHS have developed or are still developing, Franchi says the situation looks grim unless Americans protest now and show they are informed of, and actively opposed to, potential plans to imprison large numbers of people, lest Americans bite the dust the way the USSR people did when they were sent to brutal labor camps amid political turmoil and the demonizing of “unlawful” political beliefs.
Pointing to the World War II detention of thousands of Japanese-Americans, Franchi said the detaining of Americans has already happened. Recall that during Woodrow Wilson’s days, many notable war dissenters were imprisoned in a nation supposedly dedicated to free speech. So it’s only a question of circumstance, as Franchi sees it.
The FBI’s Project Megiddo in 1999, the Missouri Information Analysis Center “militia” report from February 2009 and the April 2009 DHS report Rightwing Extremism: Current Economic and Political Climate Fueling Resurgence in Radicalization and Recruitment, are among the reports that have tried to tie Americans’ concerns and beliefs to supposed violent tendencies, so these linkages can be transformed into the “truth” and used to arrest political dissidents, just like what happened in the early 20th century, said Franchi.
He added that the Southern Poverty Law Center, which has long tried to influence law enforcement and legislation, has issued yet another report that follows a similar tack. His research is in the documentary Camp FEMA. “We cannot let these people . . . intimidate us; we are sovereign U.S. citizens, and nothing is going to stop us from [resisting] this tyranny,” Franchi said, noting that public television stations may help.
——
* For a great primer on FEMA camps, get a copy of AFP’s special report Concentration Camps in America. One copy is $3, six copies are $10 and 40 or more are 50 cents each. Send check or money order to AFP at 645 Pennsylvania Ave. SE, Suite 100, Washington, D.C. 20003.
That’s according to Restore the Republic’s Gary Franchi at Freedom Law School’s recent Health & Freedom Conference. Franchi was one of several speakers who gathered at the Airport Hilton in Ontario, Calif., March 12-15 to talk about cutting-edge developments in health and politics.
Many vigilant Americans have become aware of some apparently underutilized military facilities and other installations around the nation that seem designed to detain large numbers of people but are largely empty.
Unsubstantiated rumors and urban legends have been circulated, and Franchi was careful not to overstate this issue. But he said there is cause for considerable concern in these post-9-11 days when the normal patriotic impulses of Americans are being relabeled as radical or even on par with terrorism by federal agencies.
Franchi told the conference audience that on April 1, 1979, under Executive Order 12127, the Federal Emergency Management Agency (FEMA) was created but it unfortunately was “no joke” for April Fools Day. Just as FEMA was absorbed nearly 25 years later by the Department of Homeland Security (DHS), FEMA at its birth absorbed the Department of Defense civil-preparedness functions that designated schools, office buildings and other structures as atom bomb “fallout shelters” starting in the 1950s during the Cold War days with the Soviet Union.
DHS, created on the direct recommendation of the 9-11 Commission, that purported to deeply study what happened on Sept. 11, 2001, says, under its “Goals and Objectives” statement (Part VI), that its mission is to “protect our nation from dangerous people.”
Now under the DHS umbrella, FEMA’s three basic objectives, according to its own policy, are: national emergency recovery, continuity of government and “to combat perceived threats to the social and political order,” Franchi emphasized.
He showed an aerial picture of “FEMA City,” the drab barracks set up in Florida after Hurricane Charlie. These cookie-cutter mobile homes were “free housing with nosebleeds,” Franchi said, referring to the effects of chemical fumes emitted from the shoddy building materials.
The area, courtesy of FEMA, became a crime haven. Any genuine public benefit was marginal at best.
Fast-forward to Highland Mall in Austin, Texas, claimed by FEMA in 2005 in the wake of Hurricane Katrina as a place to put Louisiana refugees entering Texas. The New Orleans Superdome itself was “another
private building used to house refugees,” Franchi added.
Given the ongoing “war on terror” and the threat to the people’s liberties that can arise from “anti-terror” measures, combined with steep economic decline and the procedures and policies that FEMA and DHS have developed or are still developing, Franchi says the situation looks grim unless Americans protest now and show they are informed of, and actively opposed to, potential plans to imprison large numbers of people, lest Americans bite the dust the way the USSR people did when they were sent to brutal labor camps amid political turmoil and the demonizing of “unlawful” political beliefs.
Pointing to the World War II detention of thousands of Japanese-Americans, Franchi said the detaining of Americans has already happened. Recall that during Woodrow Wilson’s days, many notable war dissenters were imprisoned in a nation supposedly dedicated to free speech. So it’s only a question of circumstance, as Franchi sees it.
The FBI’s Project Megiddo in 1999, the Missouri Information Analysis Center “militia” report from February 2009 and the April 2009 DHS report Rightwing Extremism: Current Economic and Political Climate Fueling Resurgence in Radicalization and Recruitment, are among the reports that have tried to tie Americans’ concerns and beliefs to supposed violent tendencies, so these linkages can be transformed into the “truth” and used to arrest political dissidents, just like what happened in the early 20th century, said Franchi.
He added that the Southern Poverty Law Center, which has long tried to influence law enforcement and legislation, has issued yet another report that follows a similar tack. His research is in the documentary Camp FEMA. “We cannot let these people . . . intimidate us; we are sovereign U.S. citizens, and nothing is going to stop us from [resisting] this tyranny,” Franchi said, noting that public television stations may help.
——
* For a great primer on FEMA camps, get a copy of AFP’s special report Concentration Camps in America. One copy is $3, six copies are $10 and 40 or more are 50 cents each. Send check or money order to AFP at 645 Pennsylvania Ave. SE, Suite 100, Washington, D.C. 20003.
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