Tuesday, February 19, 2013


You've got to give to North Korea and Kim Jung Un, when they screw up they do it Gangnum Style. Just after an ill advised nuke test this past week, a North Korean diplomat had this to say during a disarmament meeting at the UN:

"As the saying goes, a new-born puppy knows no fear of a tiger. South Korea's erratic behavior would only herald its final destruction," North Korean diplomat Jon Yong Ryong retorted.

Iran would be proud as it sounds a lot like something they would issue against Israel. Not surprisingly, the reaction was belligerent at best. South Korea threatened military action if they so much as even thought North Korea was going to strike and UN delegates called it one of the most shocking signs of aggression in decades by a rouge nation against a UN member. For a country that is starving and falling apart, blindly lashing out at people that can literally kill you in the blink of an eye is not the wisest maneuver. This region is destabilizing quick. Imagine what the Middle East will be like if we let Iran get nukes.

China is allegedly moving troops and heavy armor to the coastline, perhaps for a war game, perhaps for an attack on Japan over the disputed islands that are strategic for control purposes only. Japan is on high alert over both the Chinese aggression over territory and the North Korean nonsense. This is one of the reasons why everything right now is so fragile.

The Pope's resignation is starting to look more and more suspicious. While the ITCCS claim is still unverifiable, another group working with them has confirmed that they were indeed seeking an arrest warrant against the Pope for crimes against humanity. This is from the Telegraph, a UK paper.

The Centre for Constitutional Rights, a New York-based non-profit legal group, requested an ICC inquiry on behalf of the Survivors Network, arguing that the global church has maintained a "long-standing and pervasive system of sexual violence" despite promises to swiftly oust predators.

The Vatican said it had no immediate comment on the complaint.

The complaint names Pope Benedict XVI, partly in his former role as leader of the Vatican's Congregation for the Doctrine of the Faith, which in 2001 explicitly gained responsibility for overseeing abuse cases; Cardinal William Levada, who now leads that office; Cardinal Angelo Sodano, the Vatican secretary of state under Pope John Paul II; and Cardinal Tarcisio Bertone, who now holds that post.

Lawyers for the victims say rape, sexual violence and torture are considered a crime against humanity as described in the international treaty that spells out the court's mandate. The complaint also accuses Vatican officials of creating policies that perpetuated the damage, constituting an attack against a civilian population.

Barbara Blaine, president of the US-based Survivors Network of those Abused by priests, said going to the court was a last resort.

Now once again, like the ITCCS, they had no real power to arrest anyone and even filing the complaint was unlikely to bring about action as the International Criminal Court has received over 9000 requests since 2002 and no investigation has ever been brought against a world leader, let alone the Pope. The Vatican is, of course, vigorously fighting the charges. Regardless, it does seem likely that the Pope may have been given the heave ho as Papal Infallibility would be destroyed if this ever did go to court and with it, part of Christianity. This story is not going away any time soon.

Adam Lanza's motive was revealed this week was really didn't matter as he WAS INSANE. His motive is irrelevant. By the way, supposedly he was influenced by the Norway shooter who he wanted to beat his death toll. He could just as easily focused his lunacy on Martha Stewart who told him to do bad things when he watched the show while masturbating into a jar of peanut butter. The guy was a raving loon. We don't really need more than that.

While all this is occurring, the economic news is getting bleaker and bleaker. Sales are WAY down, WalMart had it's worst quarter in a decade, big box stores are closing left and right and even Internet sales are down. Meanwhile, gas is rising by the hour, Republicans still want to give us even less because Europe is doing so well right now with the same plan, and people are getting paid less and less.

The world economy contracted for the second straight quarter meaning, by the very definition of the word, we are now in an a official world recession. I know technically, this country has been in a mild depression for years but the rest of the world is now sinking right with us and Europe. A currency war has started with Japan and the US seeing who can outprint the other. Don't forget that this country entered into QE infinity last year and have been printing money in a doomed effort to bring down unemployment and to stimulate the economy. This week in a future column,  I will show the numbers for many major companies and how much they paid in taxes. It's not even zero as we gave all of them back billions in tax rebates while collecting nothing. And we wonder why we are broke.

Many are seeing the gold and silver market being artificially held in check which I already explained in a previous post (they use the derivative market to offset gains or loses for precious metals that don't exist except on paper). Sooner or later, these markets may explode for anyone holding physical gold as the paper contracts won't be worth anything when the fraud gets revealed to the public.

The world's economy hangs on a thread and no one cares. We are doing the exact some crap that got us into the mess in the first place and have done absolutely nothing to correct it. Bad things may happen so. Be prepared.

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