IRAN, BANK OF AMERICA AND OTHER THINGS THE GOVERNMENT LIES TO US ABOUT

Debkafile revealed a shocking development only if you don't read this site or believe everything the government tells you. German and Japanese newspapers, including the well respected Der Speigel and Welt am Sonntag, have reported that North Korea tested a nuclear bomb for Iran as early as 2010. A Swedish atmospheric scientist of the SDRA in Stockholm printed his findings on the explosions on February 3, to the fanfare of absolutely no one. How come when some idiot from Podunk U claims some claptrap about global warming being a hoax but when others arrive at data equally explosive, and with better evidence, no one bats an eye? His paper is due to appear in the April/May issue of Science and Global Security Journal which postulates Iran by proxy tested both a dirty bomb and a hydrogen one.

Evidence from this was further confirmed by Japanese and German sources who say that shortly after the explosions took place, a large group of Iranian scientists arrived in North Korea. Tehran is also suspected of shipping some of their highly enriched uranium, which physics state they should have had years ago, for use in the test. Soon, after the test, Tehran transferred $55 million dollars to North Korea. It is worth noting this evidence was disclosed on the same day Obama and Netanyahu met in Washington DC. The disturbing part about this is that there is no way our intelligence community didn't know about this. So why lie to the American public that they have no evidence that North Korea and Iran are testing nuclear weapons when they clearly are?

Rumor is that Obama and Netanyahu have agreed to delay any attack until after the election, a position I highly doubt the Israeli PM would accept. A quote from today's meeting was that Israel will decide when and where to attack if needed and the US may be left in the lurch if the dawdle too long. Obama reassured Netanyahu that the US had their back, which they will as we will get dragged into this is Israel decides to attack. The war drums still sound, but as to when and how, everything is up in the air in the increasingly unstable environment.

Meanwhile, Bank of America continues to spiral downward. David Trainer, an analyst for Market Watch, a WSJ publication, wrote that the new fees are a sign of series trouble at BAC. He writes: "In my opinion, there are four actions taken by financial services that signal the company is headed to serious trouble.:

1. Management shake-up and major layoffs - lots of layoffs over the past year
2. Exploiting accounting rules to boost earnings
3. Drawing down reserves to boost earnings: to the tune of $13.3 billion in 2011 and 2012
4. Bilking customers with new fees: tried it before and trying it again Bank of America has taken all four steps.

Bilking customers with new fees is a desperate measure of last resort because it requires exploiting the one asset the bank has left, namely its customers."

So what new fees are they attempting. Meet the new boss, same as the old boss. Pilot programs in Arizona, Georgia and Massachusetts are experimenting with charging $6 to $9 a month for what’s called an “Essentials” account. Other account options being tested in those states carry monthly charges of $9, $12, $15 and $25, but give customers opportunities to avoid the payments by maintaining minimum balances, using a credit card or taking a mortgage with Bank of America, according to an internal memo cited by the Wall Street Journal.

Any idiot still with Bank of America needs to have their head examined, especially as the bank may be headed for trouble, one that threatens the entire banking system. Why? Because they moved their entire stock of toxic assets onto FDIC protection, which is completely illegal according to our own set of laws in the US. The total we are on the hook for is $75 trillion dollars and no that is not a misprint. If BoA goes under, the economy of the planet may go with it. Bank bailout anyone? Christ.

We aren't being told the truth about Iran. We aren't being told the truth about banks. We aren't be told the truth about unemployment. We aren't being told the truth about inflation. And then they wonder why we don't trust them. In one other brief note, Rush Limbaugh lost three more advertisers today. Check out my previous post to contact Rush or any of his rapidly dwindling advertisers and tell them to F off. Better yet, contact Clear Channel and ask them why this fat tub of lard is still not fired.

The 99 are here and we are pissed. We do not forgive. We do not forget.

Fear us.