domingo, 21 de septiembre de 2008

Jenny q.e.p.d. 9-08 Salvaguarda Artesana del Casco Antiguo

Organizaciones Unidas Pro Salvaguarda del Patrimonio de San Felipe (OUPSAF)

Oficina: 7-49 Avenida A, San Felipe, Centro Histórico de Panamá

Email:  oupsaf@yahoo.com  Cel.: (507) 6626-8932

Adscrita a la UNESCO-WHC , Paris, Francia

Registro: S.C. Nº 1060132 Index Card: 25053 Diciembre 2006

Panamá, República de Panamá



Resolución de Duelo

 

Considerando:

 

Primero:         Que el Jueves, 19 de septiembre de 2008 dejo de existir en la Ciudad de Panamá la compañera Jenny Alexandra Mero.

 

Segundo:        Que Jenny era miembro de la Salvaguardia del Distrito Histórico de San Felipe (OUPSAF) y miembro fundadora de los Artesanos Unidos del Casco Antiguo (AUCA).

RESUELVE:

 

Primero:         Lamentar como en efecto se lamenta la desaparición física de nuestra Compañera Jenny Alexandra Mero.

 

Segundo:        Presentar nuestras condolencias a su querida Madre, a su esposo y a sus queridos hijos, como muestra de aprecio y cariño a tan distinguida compañera que q.e.p.d.

 

Firmados:

 

Presidente de AUCA  Lic. Adán Cerrud Sánchez  

Secretario General de OUPSAF  Aníbal Chacon González

Vicepresidente AUCA Claudio González

Tesorero AUCA  Artemio García

Fiscal AUCA  Gilberto Árcia

Vocales:   Maritza Lezcano,

      Ildaura Granados

 

Dado en el Distrito Histórico de San Felipe, Ciudad de Panamá a los 23 días del mes de septiembre del 2008.

 

 

 

 

 

Basta Ya!--USA
Ciao,

507-6599-5679
http://arkinstitute.org (crisis in sustainable nonhybrid agriculture)
http://www.marx.org (Marx Engels works)
http://solidnet.org (what communist/workers party declare)
http://cpusa.org.
http://discuss.cpusa.org
http://www.stopfta.org
http://sanfelipeahora.blogspot.com
http://www.globalinfo.org
http://www.mfso.org
http://www.thepowerhour.com
http://www.infowars.com
http://www.infowars.tv
http://ufw.org
http://www.socallib.org
http://www.expendableelite.com
http://www.articbeacon.com
http://www.ppnf.org (Root Canal Cover Up, since 1917)
http://www.healthfreedomusa.org
http://www.corpwatch.org
http://www.radioliberty.com
http://www.alternativabolivariana.org
http://www.aporrea.org
http://www.congresobolivariano.org
http://www.westpointgradsagainstthewar.org


lunes, 15 de septiembre de 2008

Fw: [alai-amlatina] En Bolivia se define el continente

Eric,
http://thepanamanews.com has generic permission to use this article as is, just indicate the source and credit author.  It is a very explicative article.  Please consider publishing.  I know we will get comments and gain regular loyal readers too.
 
This article goes well with article by Bob Chapman in http://www.theinternationalforecaster.com -------"USA financial meltdown." 13 September 2008.  "The private corporate appropriation of the social wealth game is over!"

Basta Ya!--USA
Ciao,



--- On Mon, 9/15/08, alai-amlatina@alai.info <alai-amlatina@alai.info> wrote:
From: alai-amlatina@alai.info <alai-amlatina@alai.info>
Subject: [alai-amlatina] En Bolivia se define el continente
To: alai-amlatina@listas.alainet.org
Date: Monday, September 15, 2008, 5:12 PM

- - - Servicio Informativo "Alai-amlatina" - - -  Pasado, presente y futuro de las democracias latinoamericanas En Bolivia se define el continente  Isabel Rauber   ALAI AMLATINA, 15/09/2008, Buenos Aires.-  Mirando el mundo, pero particularizando en nuestras tierras y deteniéndonos en la situación de Bolivia, se hace evidente que –tal como están  las democracias resultan cuando menos insuficientes para contener, expresar y proyectar la participación madura y creciente de la ciudadanía, en el entendido  supuestamente aceptado y vigente  de que la condición ciudadana es universal. Y es esta una de las definiciones/decisiones con las que la democracia debe ponerse a tono en este siglo.   ¿Democracia de quiénes y para quiénes? ¿Todos tienen realmente los mismos derechos a ejercer la ciudadanía? ¿Pueden los pueblos realmente decidir democráticamente sus destinos, mejorar sus condiciones de vida y convivencia? ¿Hay un contrato social capaz de sustentar estas aspiraciones?  Recorriendo los territorios políticos del continente, rápidamente se detecta que los paradigmas democráticos, tal vez por ser escasamente practicados, evidencian sus grandes flaquezas, algunas de ellas, por su desembozada orientación de clase a favor de los poderosos, otras –además de eso  por su notable obsolescencia social y cultural. Esto habla de la urgente necesidad de actualizar/cambiar el contrato social (político, económico y cultural), que sustenta nuestras sociedades.   Si centramos las reflexiones en la realidad boliviana actual ello es incuestionable, pero a la vez se instala fuertemente una interrogante: ¿Hay posibilidades?, ¿Existe un interés colectivo en construir un mundo civilizado, que habla –mínimante- de compartir, de repartir y reclama tolerancia, o los poderosos de siempre -quitándose la máscara- adoptarán una vez más la violencia, la exclusión, la mordaza y la muerte como basamento social de sus lujos y avaricias?   Se trata de una disyuntiva de vida y de modos de vida. Y está en juego hoy en las calles y campos de Bolivia y  con ellos , en todos nuestros territorios. Es asunto de tiempos y acontecimientos. Bolivia evidencia que la opción dictatorial travestida en los golpes "cívicos" expresión concentrada del egoísmo y la intolerancia extremos de los poderosos, busca re-instalarse como opción política (y económica) en tierras latino-americanas, contando  una vez más  con la intervención de la mano amiga ("agenda positiva") del poder de los "americanos".  La democracia representativa tiene entre sus fundamentos el voto de las mayorías. Cuando esto funciona bien para los intereses de las minorías en el poder (y del poder), estas no levantan ninguna objeción. Cuando –rara vez por cierto- ocurre lo contrario, la máscara y el discurso universalista desaparece y aflora sin tapujos el contenido de clase de la democracia que soportan y sustentan. Para ellos no hay principios democráticos generales, sino solo aquellos que les permiten defender y extender sus intereses. Cuando no es así, no dudan en boicotear la democracia, pisotearla, secuestrarla y matarla, al tiempo que lo hacen también con la ciudadanía que la defiende. Esto es lo que mostró hace 35 años el golpe a Allende, en Chile, y lo que hoy muestra crudamente la realidad boliviana. No es de extrañar por tanto que los grandes medios de comunicación –funcionales a los poderosos- se empeñen en distorsionar los hechos y en vez de hablar claramente de sedición contra las instituciones, de abierto irrespeto a la democracia y la constitución por parte de los golpistas, hablen de un conflicto entre "dos bandos".  Pero no hay "dos bandos". Existe un gobierno legítimo y un sector social de inadaptados sediciosos antidemocráticos, incluyendo gobiernos departamentales, que no quieren atenerse a las normas democráticas, y que  conscientes de que se les acabó la fiesta macabra del saqueo, la explotación, el robo y la humillación , en inocultable estado de desesperación, transforman su intolerancia en violencia y destrucción desembozada. El detonante no ha sido ni el "bono dignidad" para los ancianos, ni las falsas identidades regionales que clamarían por un separatismo, sino una intoxicación impotente de racismo y clasismo profundos que explotaron descontrolados luego del aplastante resultado del referéndum revocatorio, al cual se opusieron precisamente porque ni ellos mismos se creían las mentiras que producían a través de sus medios cuando afirmaban que Evo no tenía apoyo ni legitimidad. Su intolerancia, irrespeto a las instituciones y a la democracia estallan tanto cuando pretender insultar al Presidente Evo acusándolo de indio, como cuando desconocen los resultados electorales por la pertenencia étnica de los votantes. Basta de pretextos: el problema es el entrecruzamiento de intereses de clase y prejuicios raciales. Para los blancones del poder el voto indígena y pobre no vale, excepto cuando se les subordina, y tampoco vale la democracia, salvo cuando es para ellos. De ahí también el rechazo a aceptar el referéndum por la nueva constitución. Porque de aprobarse –lo más probable-, tendrían que aceptar no solo la legitimidad del voto indígena y pobre (mayoría) que la aprobará, sino el que estos sectores y actores puedan estar directamente representados y participando de la toma de decisiones. Y eso ya supera sus "sentimientos" y declamaciones democráticos, y pone fin a toda finta de tolerancia.   La exclusión tiene un origen y contenido clasista y racista, y también se expresa y actúa en lo político. Intereses de clases, racismo, modos de representación e institucionalidad están estrechamente unidos. Es saludable tener presente que el "descubrimiento", la conquista (exterminio) y colonización de América se hizo en función de la acumulación originaria del capital, y luego se afianzó para mantener y aumentar las ganancias, los privilegios y el poderío de los conquistadores y sus herederos en el poder.  En Bolivia queda evidenciado que los poderosos han utilizado y utilizan la democracia como sistema de dominación y no como derecho humano ciudadano pleno, porque nunca incluyeron a los derechos políticos ciudadanos como parte de los derechos humanos, ni a estos como fundamento de la democracia, ni consideraron a los indígenas seres humanos, menos entonces los reconocerán dentro de su pequeño espectro de derechos civiles (civilizados).   Pero las limitaciones de la democracia no empiezan ni terminan en Bolivia. La pugna de intereses, y su distorsión y castración en función de los poderosos, hace aguas y perfora lo discursivo abstracto en todas las latitudes. Y esto habla –mínimamente- de la necesidad de abrir el debate acerca de la democracia a toda la ciudadanía.  Anquilosadas en su fidelidad a un mundo basado en la hegemonía de una clase sobre el conjunto de la sociedad, las democracias se desarrollaron para las élites y el mercado. En virtud de ello  legalizando, sustentando y profundizando la exclusión, la explotación y todas las miserias que ello conlleva ,  las democracias abren cíclicamente el camino a las discordias y enfrentamientos fratricidas violentos, en los ámbitos nacionales, regionales y continentales. Es obligación moral para con la supervivencia humana, apostar a cambios sociales (económicos, políticos y culturales) profundos, incluyendo –obviamente- los relacionados con la democracia. Y esto implica, entre múltiples cuestiones, actualizar/cambiar las bases del contrato social que la sustenta, es decir, el propio contrato social. Hay que actualizar, renovar, cambiar los fundamentos jurídicos, económicos, sociales, políticos y culturales para que efectivamente, todos los ciudadanos sean iguales, no solo ante la ley, sino ante la vida y en la vida (pública y privada).  Los actuales sucesos de Bolivia demuestran –por si hiciera falta-, que no se puede seguir escondiendo la basura debajo de la alfombra, haciendo como que. Urge debatir acerca del tipo de sociedad, el tipo de país, de gobierno, de Estado y el tipo de democracia que necesitamos para construir un modo de vida basado en la convivencia en paz entre todos y todas. Y esto no puede limitarse a las agendas sectoriales o a los vaivenes oportunistas de un partido u otro. Es vital convocar/comprometer en ello a la ciudadanía toda, sin distingos ni exclusiones de ninguna índole.  Un debate de esa magnitud, para ser efectivo y sostenible, reclama desterrar la intolerancia, reconocer las diferencias activas, es decir, el conflicto que suscitan, como fuente de dinamismo, de vida. Pueden abrirse entonces tiempos en que la política, retomando su vertiente aristotélica, se manifieste como capacidad y derecho ciudadano pleno a expresar las opiniones y propuestas, haciendo del conflicto el vehículo del debate, los diálogos y la búsqueda de consensos. Volverá entonces la política, plenamente, al terreno de la vida civil ciudadana, abriendo las puertas al florecimiento de la inteligencia e imaginación colectivos, propios de los inagotables anhelos humanos de perfeccionamiento y superación.   Un mundo de paz reclama sociedades que se constituyan y se asienten sobre la base de la justicia y la equidad sociales (económicas, culturales, políticas), el pluralismo, la tolerancia  y el respeto a los derechos humanos en todos los órdenes y ámbitos de la vida humana. El egoísmo, la exclusión, la unicidad, la violencia y la búsqueda de ganancia sobre la base de la explotación humana como sustrato del orden social son valores propios de una civilización agotada junto con el siglo XX. Sostenerlos y pretender justificar su supervivencia en el siglo XXI, resulta culturalmente tan retrógrado como el medioevo lo fue para la república.  Hacernos cargo de la experiencia y la cultura de la humanidad, implica apostar a la paz social en los ámbitos local, regional, continental y mundial. Esto reclama hoy imperiosamente hacer efectivo el respeto a las diferencias, a la existencia de diversas culturas, identidades, miradas y modos de vida, conjugándolos en un nuevo contrato social sobre cuya base se construya una sociedad (Estado) plural, multi e intercultural, que haga de los principios democráticos del derecho a ser y vivir diferente, la base para la construcción de una democracia plural con significación efectiva para todos y todas.  Es lo que reclama -por disímiles vías- la humanidad conciente en el siglo XXI. Y es lo que está en juego y se dirime hoy en Bolivia.  - Isabel Rauber es doctora en Filosofía. Estudiosa de los movimientos sociales latinoamericanos. Más información: http://alainet.org ______________________________________ Agencia Latinoamericana de Informacion email: info@alainet.org  Suscripciones: http://listas.alainet.org/listas/subscribe/alai-amlatina Desuscripciones:  mailto:sympa@listas.alainet.org?subject=UNS%20alai-amlatina   

The USA financial meltdown, 6,000+ bank runs as described by Bob Chapman in http://www.theinternationalforecaster.com

Watching the future of America as debts pile up,Unloading US dollars could be detrimental to the economy, efforts to manipulate gold continue, 100 billion in losses already written off, South America heats up the Cold War, Saudi walks out of OPEC,  

  "By the pricking of my thumbs, something wicked this way comes."  This line from Shakespeare's play, "Macbeth," comes to mind when we consider the future of America as we watch our government continue to take on debt after debt after inane debt, heaping more and more responsibility for the financial obtuseness of its privileged elite on its hapless peon taxpayers, profligately spending, borrowing, bailing out and inflating us into some sort of nightmarish, moral hazard oblivion.  Welcome to our new Banana Republic, a country that is now characterized by nonstop hyperinflation, bailouts and moral hazard - and which will soon decline into another Great Depression.  The nationalization of Fannie and Freddie has set us on a path from which there can be no return, carving out for us a much wider and deeper swath of financial death and destruction of a magnitude never dreamed of by even the most pessimistic among us.  Our economy is now in a temporary state of suspended animation by use of an economic act of smoke and mirrors, with the Sword of Damocles waiting overhead, waiting to chop us into tiny pieces.  The implications are dire.  And worse yet, this has all been planned for a while now, having been decided by the Illuminati soon after they watched their precious system burn to the ground right before their eyes a year ago in August.  Hence, you heard Goldman Sachs pronounce late last year:  "Short Gold for 2008."  They knew this was coming last year, because these evil reprobates planned it to happen that way.  They knew the jig was up when their subprime plot was exposed by analyst Meredith Whitney of Oppenheimer & Co.  They knew the implosion of Fannie and Freddie would happen eventually when the fraudulent mortgages started to go bad, but it happened far sooner than they had wanted or expected, and caught them with their pants down.  So, what was supposed to be a future plan to merge our mortgage lending system into their growing corporatist, fascist, financial structure, was moved from the back burner to the front burner, and now you all see the results in spades.

What we may be witnessing here is a combination of internecine warfare between American and European branches of the Illuminati, mixed in with financial warfare between countries that are not yet totally owned and controlled by the Illuminati, like China and Russia, and those countries which are under the Illuminist yoke, like the US, Canada, Europe and Japan.  Note that the Middle East countries like to play both ends to the middle, by pitting the Europeans against the Americans, or Illuminist dominated nations against non-Illuminist nations, which often adds clouds of confusion to events going down on the international front.

The European Illuminists are livid with their American counterparts, who have systematically weakened the dollar to shore up the trade deficit by making European exports more expensive after dumping hundreds of billions worth of fraudulent real estate derivatives into the European sector, derivatives which continue to implode at an ever-accelerating rate and which may act as a catalyst to lead Europe into depression as well.  Their gripe on the derivatives is legitimate, but they know the dollar should have weakened long ago against the euro, so they are blowing smoke about dollar weakness and the American Illuminists know it.  Nevertheless, the European Illuminists are demanding, by way of apology for the derivatives debacle, that the dollar be strengthened to save their staggering economies from imploding, and that the GSE debt which they own a lot of, especially via their OPEC clients, be nationalized to ensure payment when Fannie and Freddie implode.  They know that the final vaporization of Fannie and Freddie is now only a question of "when," not "if."

The Japanese are caught in the middle between the Americans and the Europeans who want revenge, and their economy is being destroyed because of it.  While the Japanese are benefiting from the GSE bailout because they own lots of GSE bonds, the weakening of the euro and the dollar against the yen is destroying their export economy and the yen carry trade and leading them into depression as well.  

And then there are the non-Illuminist nations who have lots of dollar-denominated treasuries and agencies as well, bought with trade surpluses made possible by artificially lowering the value of their currencies against the dollar through illegal currency manipulations.  This has made them very powerful economically, and has greatly helped to power up their economies, especially Russia and China.  The Illuminati are now picking fights with them in poorly executed attempts to embroil them in pointless, expensive and what they hope will be unwinnable wars.  The purpose of these bogus, false-flag conflicts is to reduce the dollar reserves and drain the power of non-Illuminist nations, thus leveling the playing field.  That playing field is now out of kilter on account of the doltish, bonehead, Illuminist schemes to implement free trade, globalization, off-shoring, outsourcing, and both legal and illegal immigration.  Such schemes have been used in a pathetic attempt to improve the prospects for world government, but have instead greatly hindered the efforts to establish world government by weakening the Illuminist centers of power vis-à-vis the non-Illuminist centers of power.

These non-Illuminist nations have undoubtedly threatened to burn the US to the ground, not via a nuclear war, but via hyperinflation to be unloaded on the US by the sale and repatriation of its treasuries and its agencies, and by the refusal to finance its ever-burgeoning deficits by shunning future purchases of these instruments.  They have threatened to turn off the credit spigot and bring the US economy to a screeching halt, thus leading it on a short path to deep depression, if the US continues to weaken the dollar, and fails to make good on its agency paper which would otherwise be vaporized by the subprime fraud.  They are also sending a message about the bogus, false-flag wars and conflicts that the Illuminists are trying to pick with them, and Russia has threatened to start a new Cold War, if necessary.  It is hard to sympathize with the Russians and Chinese after what they did in the aftermath of WWII, but nevertheless these endless wars for profit and geopolitical power have got to stop before we end up burning the earth to a cinder in a senseless world war of self-extermination.  The Illuminati will likely get their world government all right, once the earth has been reduced to a toxic, uninhabitable, burning lump of fused atomic elements.  Congratulations, morons, if and when that happens.

So the Illuminati have been forced by these circumstances to re-strengthen the dollar, and to bail out the GSE bondholders.  They made the other nations wait until the time was right, meaning that they wanted to implement this appeasement at a time of their choosing, the objective being to make America look strong economically right before elections to keep their incumbent henchmen in power.  They also managed to wedge in an oil/food/commodity profit extravaganza for the tanking fraudsters along the way, with a nice little temporary trade deficit reduction thrown in for good measure via the weakened dollar.  Hence, just before elections, the dollar has been pushed up, and the GSE's have been nationalized.

This is what they get for making us into a debtor nation in a foolish attempt to sacrifice their base of power on the alter of world government.  They thought they could do this while maintaining the balance of power.  We have news for them.  They have failed utterly.  The destruction to their power base is not the controlled demolition they had hoped for to push us into a corporatist fascist system. All they have managed to do is destroy their base of power, and now they are running around like chickens with their heads cut off, fomenting wars, conflicts and other schemes, while appeasing the many nations they have angered and bloodied along the way, in a pathetic attempt to restore the balance of power.

Gold and silver had to be crushed, otherwise their moves would have been exposed as financially unwise and toxic, and the Fed would look like an institution of imbeciles.  Oil and commodities had to be tamed in the process as would happen in any case by virtue of a strengthening dollar, and this has helped them to give the sheople the appearance of improvement on the inflation front to benefit incumbents, even though inflation is still raging.  Naturally, the stock markets had to be supported as well in keeping with the ruse, and the PPT henchmen must be exhausted from the unbelievable manipulations we have witnessed over the past few months.  The elitist have gone completely berserkers with the latest run of market fraud, and they are going to pay for this raging fraud later when the class action lawsuits are implemented and the discovery exposes their machinations.  Look at the open interest on the USDX futures.  The previous record during a dollar rally of 58,595 contracts was set on December 14.  This Thursday, the USDX futures posted a gargantuan 94,021 contracts, shattering the previous all-time high by 35,426 contracts, an increase of more than 60%.  That is how desperate they are.  Oil has briefly dipped below 100, to 99.99, and the dollar spiked through 80 to a high of 80.395, and now suddenly, as we predicted might happen, everything has reversed and gold and silver are starting to rally again.  Let's see if this is this new trend is going to continue, or if the Illuminati have some October surprises in store for us to benefit incumbents.  Keep loading up, because the prices you are getting now on gold, silver and their related shares will never be seen again.  If you do, you will be a very happy camper in 2009.

It is obvious that the FDIC lacks the capital to back up its claims of the rescue of the American banks. IndyMac was a $10 billion problem, but the other ten failures this year were much smaller. This, like in the instance of Fannie Mae and Freddie Mac, will cause our government soon to bail out the FDIC with funds that do not exist. They will have to create more debt in order to accommodate our banking system pushing government further into the hole. Incidentally, the Federal Reserve faces the same problem. No one has the money to meet the guarantees. That is what we just found out in the cases of Fannie and Freddie.

Our government will have to sell more bonds to accommodate these financial demands and they become the obligation of American taxpayers. That is immediate monetization of those funds, which will be highly inflationary.

Just to give you a prospective of banking health, they have already written off more than $100 billion. They made $5 billion in the second quarter down from $30 billion plus quarters in recent years. The FDIC reports that the total assets of 8,451 institutions it insured fell to $13.30 trillion from $13.37 trillion in the first quarter, the largest drop since 1987.

Most of the above losses were due to CDOs, SIVs and ABSs, plus the failure of loans and mortgage loans. They do not reflect the deterioration of the financial condition of the bank's customer bases. There are many who are not current on their loans and banks are starting to write off other loan losses. As a result loan loss reserves are lower for the month and consecutive quarter leaving banks with 88.5 cents for every $1.00 in non-current loans.

Banks are lying about their financial positions. They are hiding losses on and off balance sheets. The bad FDIC list isn't 117, it is more like 2,000 but they won't tell you that. They lie about everything as well. That is frightening but worse more frightening is the fact that the FDIC has one-cent in reserves for every dollar it is responsible for. Worse yet, there are $4.1 trillion of uninsured deposits in banks. That is in addition to $8.6 trillion covered by only one-cent per dollar. If that doesn't frighten you, you are just plain dumb.

Then you look at Lehman's books and you find they are bankrupt and the South Korean government agrees with us. Incidentally no one in the US media carried the government of South Korea's comments.

Half the investment banks, brokerage houses and insurance companies are insolvent. Just wait – you will find out.

All we see is patchwork, smoke and mirrors and political expediency. Lies, lies and more lies.

Iraq and Afghanistan continues and the possibility of a cold and hot war with Russia is a possibility.

After looking at the events of the past three months we believe the Cold War could be a put up job involving Russian collusion with the Illuminati. We just don't know for sure yet.

The financial system is falling apart, which is part of the disintegration process. All these other events are distractions to obfuscate the fact that the game is over. It is only a question of when does the bottom fall out.

Follow our advice and get your excess capital out of banks, even brokerage houses are safer. Buy gold and silver coins and shares and Swiss franc government bonds. If you do not you may lose everything.

Warren Buffett's Berkshire Hathaway has told its subsidiaries to stop insuring bank deposits above the amount guaranteed by the FDIC, which deals a major blow to the financial services industry as it tries to calm anxious customers. Now what does that tell you? It tells us it is panic time, as Warren and his gang of traders run for the hills.

Their subsidiary KBS is one of only a handful of firms, which offer bank deposit guaranty bonds. This shows you how worried Mr. Buffett is about future bank failures. This is insurance beyond FDIC insurance for accounts over $100,000. At Columbian Bank and Trust, which went under, 610 accounts worth $46 million was covered by KBS and it caused them to lose money. Buffett has no further confidence in the banking system, so he is pulling out. That should be a lesson to those of you who have more money in banks than you need for current operations.

Now that American taxpayers have taken over Fannie and Freddie, Bill Gross is a seller. He is telling people on CNBC that mortgage paper is an attractive investment, while he is a seller.

Don Coxe is chairman and CEO of Harris Trust in Chicago and is one of the most respected mainline investment authorities in the US. We quote him here in regard to market manipulation by the US Treasury and the Fed. "This has done more damage to my personal wealth than anything in the last 20 years. I have too much respect for how US authorities engineered the collapse in commodities, a move that was necessary to shore up the global financial system to be bitter. My attitude is – goddamn it, they're good – it was brilliant." This guy is mainstream and doesn't realize they have engineered a catastrophe. There are no longer any free markets.

Lehman Brothers' losses were far more than expected and they may go under. They failed to purge their balance sheet as Merrill Lynch did. Richard Fuld released a convoluted, manipulated quarterly report filled with accounting chicanery that would make Mr. Ponzi proud. The true write-down should have been $7.8 billion. Business for the first nine months of the year fell 28%, reflecting a rapid deterioration of their ability to conduct trading and investment banking. Other houses are avoiding doing business with them. Their commercial and residential mortgage paper of $50 billion is probably worth $25 billion, or more. They want to sell 55% of their investment management business, which is deteriorating as markets implode and investors leave the market. If the Fed does not rescue Lehman they are toast.

S&P has re-rated Washington Mutual to negative from stable. Debt market players are now assessing liquidation of WaMu and they believe that on a liquidation basis, best case, that debt holders are covered at slightly more than 60% of the total amount of debt outstanding. This means bankruptcy. Move any accounts you have at WaMu out of there now.

The WSJ reports that 1,082 businesses and some individuals filed for Chapter 11 in August, up 38% from July. The average this year to date has been 745. Goldman Sachs in an effort to preserve capital and reduce exposure is telling hedge fund clients that the terms of current margin-lending agreements will have to be renegotiated when the current credit facilities expire.

Fitch says debt liabilities equal $1.6 trillion, or 11% of GDP, with guarantees of $3.48 trillion, or 48% of GDP after the government takeover of Fannie and Freddie.

 The phony dollar rally will end and only one investment will remain gold and silver. The dollar is way over-bought (over manipulated), and gold and silver are way over-sold (manipulated.) the world is in deep trouble and there is only one place to be and that is in gold and silver related assets.

Ron Paul has rejected John McCain's appeal for his endorsement. Paul said: "the idea was that he would do less harm than the other candidate."

Bolivian President Evo Morales ordered the expulsion of the US Ambassador, Philip S. Goldberg, accusing him of fostering divisions in the Andean nation.

The drop in Phoenix home resale prices extended to 16 months in June and is approaching the record of 17 months of decline posted in the early 1990s.

Home prices fell 22.8% from June 2007. It was the fourth monthly double-digit drop.

House prices in Fort Myers, Florida have fallen from $250,000 to $143,000, which means, as I pointed out last month that they might be on the bottom price wise in that area.

An Iraq plan to award six no-bid contracts to Western oil companies has been withdrawn. The companies were Exxon Mobil, Chevron, Shell, Total, BP and several smaller companies. The deals under-mined the efforts of Kurds, Sunnis and Shiites to reach agreement on a hydrocarbon law and a revenue sharing agreement.

Bank of America agreed to buy back $4.5 billion in auction-rate securities from its customers nationwide in a settlement brokered by Massachusetts. They neither admitted or denied the fraud allegations. Its pay the investors and fines and again no one goes to jail.

Saudi Arabia has walked out of OPEC. It said it would not honor the cartel's production cut. It was tired of the rants of Hugo Chavez of Venezuela and the oil minister of Iran.

Saudi said it would meet the market's demand. If this situation continues OPEC is dead. You can see the hands of the Illuminists all over this.

Freddie Mac said Thursday the 30-year fixed-rate mortgage average fell from the previous week to 5.93% with an average 0.7 point for the week ending Sept. 11. In the previous period, the average was 6.35%, and the year-ago average was 6.31%. "Interest rates for 30-year fixed-rate mortgages are down almost 0.6 percentage points over the past 4 weeks, which will help to spur home purchases and loan refinancing in coming weeks," said Frank Nothaft, Freddie Mac chief economist. "Lower rates have occurred at an opportune time, as the July pending sales data from the National Association of Realtors were off 3.2% from June. The Mortgage Bankers Association reported that refinance applications are up 18% over the past 3 weeks through Sept. 5, indicating that refinance activity has already begun to pick up."

 



   
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Fw: 0028-08 CIDH: Criminal filing with Attorney General, "Expediente de Entrada No. 166,"



Folks,
Reflecting the concern for the high rates of criminality and violence affecting our Panamanian society in the Historic Center, urban and rural areas; we wrote the following note to the UN, UNESCO, IAHC and others in media.
 
 I signed this note after a bus driver was killed by bullets to the chest, on Friday at a University of Panama bus stop while trying to defend his passengers being robbed at gun point by youth and attending a Partido Alternativa Popular meeting to take notes and photographs for http://thepanamanews.com..  I caught the last words of the speakers on the importance to act to address the problems as part of community solutions that benefit the poor.
 
We would like your honest feed back. Policies and programs are needed to employ youth and general employment at liveable wages that guarantee a minimum human dignified existance.  The ethnic cleansing taking place in our Historic Center has to be very carefully scrutinized by interinstitutional and interdisciplinary teams of social scientists, government and other community protagonists in the diagnostics and solutions.

--- On Mon, 9/15/08, adan cerrud <oupsaf@yahoo.com> wrote:
From: adan cerrud <oupsaf@yahoo.com>
Subject: 0028-08 CIDH: Criminal filing with Attorney General, "Expediente de Entrada No. 166,"
To: "Francesco Bandarin" <f.bandarin@unesco.org>, "michael petzet" <michael.petzet@icomos.de>, "comision DH" <cidhoea@oas.org>, josefponce@yahoo.com, auca917@hotmail.com, oupsaf@yahoo.com
Date: Monday, September 15, 2008, 10:52 AM

 
 
 
 
 

United Organizations Safeguardians of the Historic Center of Panama City , Central América

Email:  oupsaf@yahoo.com   Cellular: (507) 6626-8932

C/o Secretary OUPSAF Aníbal Chacon  Cédula: 8-326-477  

Entrega General: Zone 0834; Panamá, Rep. of Panamá

Registration: S.C. No. 1060132 Index Card: 25053 Dec. 2006

 

Note:  0028:08                                               Panama , 15 September 2008

Respectable Dr. Francesco Bandarin:

Director UNESCO-WHC, Paris , France

 

Respectable Dr. Michel Pezet

President ICOMOS International

 

Dr. Santiago M. Canton, Secretary IaCHR

Inter-American Commission on Human Rights
1889 F Street, N.W.
Washington, D.C., 20006 U.S.A.

 

Note: 0028-08                                                Panama , 15 September 2008

 

Respectable Sirs:

 

 

We want you to know that the social popular organizations that comprise the safeguarding of our San Felipe, the Historic District of Panama City and Salon Bolivar:

 

1)  the activities observing the management, and vigilance over the destruction of our building heritage  that we are trying to develop as safeguards, since 30 May 2006 as registered, entails confronting the corrupt Panamanian state, the national and international financial interests, drug traffic and money laundering, where seized assets, the money, real and other properties disappear under the procedural entities or are returned to the original sources.  No certified control of assets seized, nor any record of source of capitals or disposition.

 

2)  the Office of the Casco Antiguo (OCA) sponsor adults and child bands with children assassins ("sicarios") to intimidate and harass the original working and elderly residents of San Felipe, by way of Eric Sanchez, the person who obtains the building demolition contracts to demolish buildings of all categories the same way, (according to Law Decree 9, 27 August 1997 establishes categories of intervention of buildings and Executive Decree No.51, 2004 how intervene restoration in the various categories) getting rid of the people without any regard to compensation or into mixed income housing projects.  The short term, long term, planned result is plain and simple ethnic cleansing of the whole low income, elderly and colored population of San Felipe.

 

 

3)  we,  safeguarding of  the Historic District of San Felipe, the coordinators Sr. Adan Cerrud Sanchez and Anibal Chacon Gonzalez have filed a criminal complaint before the Attorney General of Panama on Thursday, 28 August 2008 at 10:25 am in the morning.  "Expediente de Entrada No. 166." Case number, where we indicate the responsible authorities, Ms. Linneth Montenegro, National Director of the Historic Heritage; Mr. Nilson Ariel Espino, Director of the Office of the Casco Antiguo (OCA); and the National Institute of Culture (INAC) they gave the OK to demolish the Gran Central Hotel in front of the Plaza Mayor, defined by international heritage specialists as a architectural jewel of the 1900th century (XIX).  The local newspapers covered the filing of the case:  the Panama America, Crítica Libre (epasa.com), the Prensa (prensa.com).

 

 

Today, all the various, leadership and members safeguarding the Historic Center are being threatened, intimidated and harassed by the bands that are promoted by state and private interests as described in item 2).

 

 

As a consequence of the mentioned above, we would like to notify you that whatever may happen to leadership or members of the 18 families of Artesanos Unidos del Casco Antiguo (AUCA) especially, President Adan Cerrud Sanchez; Association of Residents of San Felipe (AMSANFEL) particularly, the Treasurer, Sr. Aníbal Chacon Gonzalez, the Cultural Attache and photographer of OUPSAF, Mr. Jose F. Ponce, among others.

 

 

Most respectfully,

 

 

 

Anibal Chacon Gonzalez          Cedula: 8-326-477                  OUPSAF

 

 

 

Jose F. Ponce                          Cedula: 8-261.895                  OUPSAF

 

 

Attachments:    1)         "Expediente de Entrada No. 166, Thursday, 28 August 2008"

2)         Spanish copy of Panama America newspaper article/Friday, 29 August, "the Nation" SUCESOS, p.10

 
 
 
 
 
 
 
 
 
 


Atentamente,


Adan Cerrud Sanchez: President AUCA
Active Member OUPSAF Cedula: 9-92-619
Movil: (507) 6626-8932
Email: ,



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