Iranian oil official, Mohammad Ali Khatibi, has just stated that OPEC will not allow oil prices to fall much further.
Iran currently holds the presidency of OPEC. Khatibi says Iran will call an emergency OPEC meeting if oil prices fall too much.
Iran blames the United States, and Europe, for creating highly unstable markets, that do not reflect the true value of resources.
“In our opinion, the longer-term deficit reduction framework adopted as part of the Budget Control Act of 2011 (BCA) could undermine the already fragile economic recovery and complicate aspects of state and local government fiscal management.”-Gabriel Petek, S&P’s
Standard & Poor’s has already downgraded the credit rating of Nevada, New Jersey and several U.S. counties, for 2011.
Many counties and cities got super downgrades, meaning credit rankings of triple B, or less. S&P’s says many local governments are in very bad shape fiscally.
Six states were actually upgraded. They are Idaho, Nebraska, Wyoming, Oregon, South Dakota and Louisiana. But only Wyoming and Nebraska made the triple A rating.
In a statement issued by S&P’s on August 18, they indicate more downgrades for state and local governments are coming. It’s all based on state budget plans, and what happens with the Federal Debt Limit Deal (Budget Control Act of 2011).
S&P’s will make more credit rating decisions in November.
“Whether you’re a street sweeper or queen, we just didn’t have a table or enough manpower in the kitchen at that time and our hands were tied.”-Nadine Schellenberger, restaurant Zum Gueldenen Stern
Sweden’s King Carl XVI Gustaf, and German-born Queen Silvia, were refused service at one of Germany’s oldest restaurants, the Zum Gueldenen Stern founded in the 16th century.
The hostess said they were busy hosting a wedding party, and she just didn’t recognize the royals: “I didn’t recognize them, I mean without crowns and scepters…I am just not up on royal families and I don’t have time for glossy magazines.”
A letter of apology will be sent. As far as finding something to eat that night, the Swedish royals had to settle for…a lowly pizza!
“Whoever visits Facebook.com or uses a plug-in must expect that he or she will be tracked by the company for two years.”-Thilo Weichert, privacy commissioner
German officials, in the state of Schleswig-Holstein, have discovered that every time the Facebook ‘like’ button is clicked, it sends your private info back to several U.S. databases. This violates European privacy laws.
Website owners are ordered to remove ‘like’ buttons, and other similar buttons, from their websites, or face a U.S.$72,000 fine.
In 1951 Iranians elected a Prime Minister for the first time. It meant the downfall of the British backed Pahlavi regime. But not for long.
The U.S. CIA has admitted many years ago, that it was ordered by President Eisenhower to overthrow the democratically elected Mohammad Mosaddegh.
Now the BBC (British Broadcasting Corporation) has admitted they helped the CIA.
The British were upset about their Anglo-Iranian oil company (now called British Petroleum, aka BP) losing control of Iran’s oil fields. They convinced Eisenhower that the democratically elected Mosaddegh was a proxy of the Soviet Union. So begins the long history of the British government using the United States as a puppet to enact regime changes all over the world (most recently Afghanistan, Iraq, and ongoing efforts in Libya).
How did the CIA do it? The way they did it is now a classic text book example in University political science classes. They started small by finding corrupt news media sources within Iran. They paid them to write false news stories about the democratically elected government. The BBC now admits to taking a part in this role.
After getting enough media sources printing false stories, they then bribe corrupt individuals, and even unemployed people, to run a round claiming abuse at the hands of the government. This escalates to riots. In 1953 so many people in Iran were believing the false stories, and there were enough unemployed and disenfranchised Iranian people that there was a full blown coup. The Pahlavi regime was returned to power.
If you look at some of the “revolutions” in North Africa and the Middle East right now, they smack of classic CIA/British regime change tactics.
One of the reasons these regime change tactics work is that some of the false news reports actually contain examples of true abuses. However, the false media stories exaggerate the true abuses, to make it look like the government is out to get everybody. If this tactic lasts long enough, and the number of riots, with the expected police crack downs, increases it will create a downward spiral in social politics within the affected country.
The BBC admitted to the Iranian people that they helped overthrow their democratically elected government, back in 1953, though a documentary which recently aired on the BBC Persian TV channel.
It was the 1953 U.S./U.K. backed coup that led to the 1979 Iranian Revolution against the U.S. and U.K.
People of the United States don’t think it can’t happen here. You lovers of PBS should be aware that BBC now owns PBS. Why do you think there are so many British TV programs now playing on a supposedly U.S. TV channel? It’s not because the executives of PBS are Anglophiles. Oh, and don’t forget Rupurt Murdoch’s take over of many so called independent U.S. news corporations. Murdoch became a U.S. citizen solely so he could legally begin taking over U.S. media. Murdoch is member of the British Empire (aka Commonwealth).
“It is much worse than a recession, in fact it is even worse than a depression… The White House has told us we have been on a recovery…which is a complete lie.”-Edward Spannaus, Executive Intelligence Review
“…there will be no recovery…until we take steps to deal with the Wall Street gambling casino, the speculators, which is what is really killing our economy.”
“…shutting down the big speculator banks. And the way to do that is by restoring Franklin Roosevelt’s law, the Glass Steagall law, which would shut down the gambling casino, wipe out the phoney debts, and that would enable us to get around to rebuilding our economy…”
“I question even the term ‘investors’ these days, because an investor is someone who invests for the long term. And what you see today in these markets, is very short term speculation.”
“As long as these banks are sitting on huge piles of money, from bailouts, from the Federal Reserve giving them free money, and they’re just speculating with this, they’re not investing, not lending to businesses, they’re not doing anything to create jobs.”
“The State of America’s Children is absolutely horrific and what’s worst of all is that very few people in America know about this…added to this we’re going through what I call a Main Street Depression, it is worse than the 1930s…”-Stephen Lendman, commentator Chicago
The Annie E. Casey Foundation, a non-profit child advocacy group, revealed that 31 million children live in families that are one or two paychecks away from economic catastrophe.
The Casey Foundation’s study also found that between 2007 and 2009, 5.3 million children had to leave their homes due to foreclosure.
The Children’s Defense Fund echo’s the Casey Foundation’s report. The CDF says the bad economy is driving up the number of children involved with dropping out of school, hunger, crime, etc, to record levels.
Many other organizations are coming up with corresponding data.
For the past couple of weeks Berlin has been plagued with car fires. At first police thought it was the usual anti-elitists targeting the cars of wealthy people, but many cars were not owned by the rich.
Now, hundreds of Germans are rioting in Hamburg. It started during a street festival. People began attacking and burning banks.
2,500 police are on the streets, using water cannons. Police don’t relate this to the increasing number of poor people in Germany. Police say these Hamburg riots happen every year.
“Bank of America, we will help you out.”-BofA official as he quickly brushed passed Texas Governor Rick Perry.
The BofA official thought no one heard, but a live CSPAN mic picked up the hushed comment.
The bank official was identified as James Mahoney, Bank of America’s director of public policy. BofA claims they did nothing wrong, because Mahoney is a democrat, and Perry is a republican.
Vanguard Defense Industries was hacked by AntiSec.
Vangard Defense sells the UAV “ShadowHawk” to the military, police and even private companies.
The AntiSec hackers put Vangard documents online, they belong to Senior Vice President Richard T. Garcia. They contain internal meeting notes, contracts, schematics, non-disclosure agreements, employee’s personal information, and counter-terrorism documents.