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Thursday, March 27, 2014
The FUELLESS ENGINE
The Obama Administration is giving up American control over the Internet
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RT: Japan prepares to ship nuclear materials to the US
RT:
Japan prepares to ship nuclear materials to the US
Posted on
March 27, 2014 by Jean
On
the surface, this sounds to me like a push for control . . .~JPublished time: March 24, 2014 17:37
Edited time: March 26, 2014 12:07

Reuters/Gleb
Garanich
Japan agreed to
transfer a share of its highly enriched uranium and weapons grade plutonium
stockpiles to the US as part of the global effort to secure nuclear materials.
Other nations are also urged to deposit excess nuclear materials in the US.On the eve of the two-day Nuclear Security Summit in The Hague, US and Japanese leaders arranged a deal on “final disposition” in the US of well over 300 kilograms of weapons grade plutonium and an unspecified quantity of highly enriched uranium (HEU) that will be “sent to a secure facility and fully converted into less sensitive forms.”
This quantity of plutonium is enough to produce 40-50 warheads. The total quantity of HEU currently stocked in Japan is estimated at approximately 1.2 tons. According to The New York Times, some 200 kilograms of HEU is currently designated for the US.
After Barack Obama announced in Prague in 2009 an ambitious agenda to seek “the peace and security of a world without nuclear weapons,” the American president has been pressing his foreign counterparts, both in Asia and Europe, demanding they either get rid of their excess nuclear materials via the US, or tighten security of stockpiles at home.
Two more countries, Belgium and Italy, have also agreed to hand over excess nuclear materials to the US and issued separate joint statements with the White House, Reuters reported.
“This effort involves the elimination of hundreds of kilograms of nuclear material, furthering our mutual goal of minimizing stocks of HEU and separated plutonium worldwide, which will help prevent unauthorized actors, criminals, or terrorists from acquiring such materials,” US President Barack Obama and Japanese Prime Minister Shinzo Abe said in a joint statement released by the White House on Monday.
There is no information whether the deal between Japan and the US has a financial side; nuclear materials, of course, have a solid market value.
After the Russian-American HEU-LEU agreement came to an end in 2013, the US nuclear power generation industry is likely to face a sharp fuel price surge and shortage.
For two decades, the US was buying nuclear fuel from Russia for a dumping price. This fuel was made from down blended Soviet military grade highly enriched uranium, which constituted up to 40 percent of nuclear fuel for America’s 104 nuclear reactors (America’s 65 nuclear power plants generate over 19 percent of electric power in the country).
In the meantime, the United States Enrichment Corporation (USEC), the leading US nuclear fuel supplier remains in dire straits and plans to voluntarily file for bankruptcy in the first quarter of 2014 in order to restructure.
The US also has problems with producing plutonium, used not only in nuclear warheads, but for space exploration as well; only plutonium can produce enough power for long missions to distant planets in the Solar system.
Tokyo also reportedly possesses several dozen tons of plutonium-uranium hybrid fuel called MOX, which it intends to burn in 16 reactors the country plans to restart. All Japanese nuclear power generating facilities halted operation following the Fukushima nuclear catastrophe in March 2011.
The nuclear materials designated for transfer to the US have been kept for decades at Japan’s research reactor site in Tokaimura, where it was used for research.
During the Cold War era, the US and UK reportedly handed over some 331 kilogram of plutonium to Japan to be used for developing breeder reactor technology.
After decades of research, practically all fast (breeder) reactor projects around the world, including Japanese ones, are now closed down. The only country that currently possesses operating breeder reactor power generation facility isRussia.
In 1999, the Tokaimura facility witnessed an accident involving a highly enriched uranium solution. Two workers mishandled radioactive fluid and died as a result, while over 300 were exposed to high doses of radiation.
The New York Times maintains that while the nuclear materials at the Tokaimura facility are of American and British origin, Japan also has vast stockpiles, up to nine tons of plutonium, created at the country’s nuclear power stations as a byproduct of burning uranium for electric power generation. Once Japan restarts some of its nuclear reactors, there will be even more plutonium generated.
MUST WATCH!!!!! RT: Obama says ‘bigger nations cannot simply bully smaller ones’. Wait… what?
MUST WATCH!!!!! RT: Obama says ‘bigger nations cannot simply bully smaller ones’. Wait… what?
Posted on March 27, 2014 by Jean
Published time: March 27, 2014 10:03
Edited time: March 27, 2014 13:18
Edited time: March 27, 2014 13:18
President Obama’s key speech in Brussels on Ukraine and attempts to isolate Russia appears to be an exercise of omission, mutually-exclusive statements and unveiled double standards.
Here’s a quick look at what Obama told an audience of some 2,000 people in his damning 30-minute speech.
“Each of us has the right to live as we choose.”
But it’s true only for those good pro-European protesters in Kiev, who used firebombs and batons to make their point. The bad pro-Russian residents of Crimea are not allowed to, right?
“Together, we’ve condemned Russia’s invasion of Ukraine and rejected the legitimacy of the Crimean referendum.”
That’s right. Referendum = bad. Firebombs = good.
Well, Obama says Russia invaded Ukraine while the US and the EU stayed at arm’s length and allowed things to settle down.
“Make no mistake, neither the United States nor Europe has any interest in controlling Ukraine.”
And they absolutely didn’t send troves of officials to Kiev to cheer up anti-government protesters. And when Deputy Secretary of State Victoria Nuland discussed with Ambassador Geoffrey Pyatt who should and who shouldn’t be in the next Ukrainian government, that was merely small talk between two observing diplomats.
When it comes to invasions, President Obama has a lesson or two to teach Russians.
“We did not claim or annex Iraq’s territory. We did not grab its resources for our own gain. Instead, we ended our war and left Iraq to its people in a fully sovereign Iraqi state that can make decisions about its own future.“
This sovereign nation has only token sovereignty over Kurd territories in the north. Terrorists roam free in some rural areas and want to carve an Islamist state of it. And deaths from car bombs are more frequent then deaths from car accidents. A decade of statecraft later, at least 7,800 civilians and 1,000 troops killed in 2013 alone. Mission accomplished.
Security officials and rescue workers collect evidence at the site of a bomb blast on outskirts of Peshawar March 14, 2014 (Reuters / Fayaz Aziz)
Obama mentioned another interventionist success story in his speech, that of Kosovo.
“NATO only intervened after the people of Kosovo were systematically brutalized and killed for years.”
Good point. Of course the alliance didn’t bother to get a UN Security Council mandate and bombed the Serbian capital, killing hundreds of civilians in the process, in violation of international law. The same law which Obama accuses Russia of violating with Crimea. But that was even before Bush Jr., so who cares?
The Yugoslav Army Headquarters building hasn’t been rebuilt after being damaged by cruises missiles in April 1999 during NATO’s bombing of Serbia over Kosovo. Belgrade (AFP Photo)
“We are confronted with the belief among some that bigger nations can bully smaller ones to get their way — that recycled maxim that might somehow makes right.”
World’s biggest bully preaching peace and love. And its flying killing robots are the messengers. And guards in secret CIA prisons are the keepers. And the NSA keeps an eye on those who won’t listen.
As the Romans used to say, quod licet Jovi, non licet bovi (what is allowed to Jupiter is not allowed to the bull). Well, there are no gods sitting in Washington, and some people just don’t want to be treated as cattle.
Gold and the Iraqi Dinar Revaluation
http://www.wealthdaily.com/ articles/gold-and-the-iraqi- dinar-revaluation/5091
Gold and the Iraqi Dinar Revaluation
Iraqi Central Bank Buys 36 Tons of Gold
In a move that surprised economists the world over, the Central Bank of Iraq purchased 36 tons of gold valued at some $1.52 billion this month “to help stabilize the Iraqi dinar against foreign currencies,” the bank explained.
That represents a larger amount of gold than most nations purchased in all of 2013, moving Iraq into 15th place in annual purchases on just that one purchase alone.
But anyone following the recent history of Iraq’s dinar is left scratching their head, as this month’s purchase more than doubled Iraq’s gold reserves from 27 tons to 63 tons for an increase of over 133 percent. Despite transacting the 15th largest annual gold purchase in the world, there was absolutely no move in the value of Iraq’s money – holding steady at approximately 1,165 dinars per USD, where it has been for more than two years and three months.
Source: Xe.com
Just how is this gold purchase supposed to “stabilize” the Iraqi dinar, as the CBI puts it? Everyone knows the central bank uses daily currency auctions to virtually peg the dinar’s value as depicted in the graph above.
The CBI doesn’t need to increase its gold reserves to stabilize the dinar. Iraq’s central bank must be up to something.
Is the Long-Awaited Currency Revaluation Near?
Since early 2010, talk of a redenomination by chopping off the last three zeros on Iraq’s notes has been anticipated by many. Should it ever happen, the move is expected to be accompanied by a simultaneous revaluation of the dinar by inflating its value overnight, which is seen as necessary in order to properly account for the nation’s vast increase in wealth through oil revenues since the end of the 2003 war.
Thanks to the country’s enormous oil reserves which rank 5th in the world, and its steadily increasing oil production which ranks 7th, progress has been remarkably quick. According to Trading Economics, Iraq’s GDP has grown an average of 6.625 percent per year since 2005, reaching 8.58 percent in 2011 and a stellar 10.2 percent in 2012 – ranking 14th highest in world according to The World Bank. Iraq is in the best shape it has been in years, and is well on its way to mounting one of the greatest economic recoveries since Japan and Germany of post-World War II.
But many believe that all this progress is not being reflected in the value of the dinar, which is being kept pegged to the USD at artificially low levels. As noted in the graph below tracking the value of the dinar (inverse to the graph above), the CBI did inflate the dinar from the end of 2006 to the end of 2008. But it has since then kept the dinar stubbornly suppressed.
Source: Xe.com
Is this why the CBI purchased so much gold this month? Is it preparing to increase the dinar’s value for a second time, as everyone has been expecting? The answer is most likely no.
Increasing a currency’s reserves – through acquiring more U.S. dollars, U.S. treasury bonds, gold, etc. – will strengthen a currency. But if Iraq already has more than 10 years’ worth of economic progress that has yet to be priced into the dinar, then the CBI does not need to buy more gold to increase the value of its money. Ten years of oil wealth would be enough to justify an upward revaluation of the dinar all by itself. If the CBI really wanted to revaluate its currency, it doesn’t need more gold to do it.
Given the CBI’s relentless pressure on the dinar for so many years, it is unlikely to raise the value of its money any time soon. A cheap currency stimulates business activity, creates jobs and lubricates the gears of the economy. It is precisely what western nations have been doing for the past five years since the 2008-09 financial crisis.
So still we need to ask – if the CBI does not want a stronger dinar, why the extra gold? What is the CBI up to?
Why the Extra Gold
While extra gold in its vaults does give the CBI room to increase the value of the dinar, it is likely that the CBI would rather use that extra room to print more money instead. The CBI has been steadily expanding the money supply for years. The extra gold gives it the ability to keep doing so.
Look at it this way… $100 would allow you to buy one dinner at an expensive restaurant, or ten average dinners at McDonald’s. You could thus afford a little of something expensive, or a lot of something cheap. It all depends on what you are looking for – quality or quantity.
In the case of Iraqi money, the CBI would rather have quantity over quality. Using the extra gold to expand the money supply instead of boosting the value of the dinar affords benefits which are much more urgently needed – especially while reconstruction is still ongoing.
The Economic Chain Reaction
The most urgent problem that Iraq faces is a growing population and not enough jobs, as noted by the following graphs.
Source: TradingEconomics.com
Iraq’s population has grown by 25 percent since the war ended 10 years ago, while the unemployment rate has been cripplingly high. While fixing this problem is not as easy as I attempt to make it, we could condense the process into one basic objective – create jobs and increase the citizens’ personal wealth.
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That triggers a series of remedies:
• A) Make money cheaper. A cheaper currency is cheaper to borrow, stimulating business expansion and job creation, putting money in people’s pockets which is then spent to further stimulate commerce and growth. But how do we make money cheaper?
• B) Increase the money supply. The more money there is circulating through the economy, the cheaper it is to borrow, which empowers businesses, expands commerce, creates jobs, and increases personal wealth. As shown in the graph below, the CBI has been printing money with gusto, steadily increasing the amount of dinars in circulation for years.
Source: TradingEconomics.com
But that created a problem. Such a rapid expansion of the money supply caused the currency to fall in value too quickly, eroding purchasing power, making prices more expensive, and creating hyper-inflation - as noted in the graph below where inflation in Iraq reached an incredible 76.55 percent by August of 2006.
Source: TradingEconomics.com
While a weak currency is desirable as it stimulates the economy, it mustn’t be so weak that its buying power can’t keep up with rising prices. Money is like blood in your body. You want it thin enough to circulate freely, but not so thin that it loses its oxygen carrying power.
So how do we stop a currency from falling too quickly and reverse hyperinflation?
• C) Increase the interest rate. By increasing interest rates on government bonds, a central bank increases the value of its currency, allowing it to catch-up with runaway prices and bring inflation down. Thus, as noted in the graph below, the CBI increased the interest rate from 7 to 20 percent over 2006 and 2007.
Source: TradingEconomics.com
Did it work? Absolutely. As noted in the prior graph, inflation in Iraq fell from 76.55 percent in August of 2006 to zero by the end of 2007. The raising of interest rates is what accomplished it.
But that created a problem of its own, since rising interest rates make money too expensive to borrow, impeding business expansion, job creation and commerce. To make matters worse, high interest rates make a currency stronger, as noted in the graph below of the dinar’s rapid increase in value from the end of 2006 to the end of 2008 – mostly due to high interest rates that surpassed 14 percent during that entire period.
Source: Xe.com
By 2009, interest rates at 14 percent were way too high to stimulate growth. It ran opposite to what the government wanted to achieve, namely job creation and increased wealth.
So the challenge remained: How can you bring interest rates down to make money cheaper, and pump more dinars into the economy to make money more available - without collapsing the dinar and triggering hyperinflation all over again?
That’s where gold comes in.
A Little Boost from Gold
Because keeping interest rates low and pumping more dinars into the economy through daily auctions puts downward pressure on the value of the dinar which leads to inflation, the CBI needs to counter that downward pressure by increasing the nation’s reserves, exerting upward lift to the value of money and helping to keep the dinar steady.
By boosting its gold reserves, the CBI gains some room to play with. It can use that extra room to either increase the value of the dinar, or to print more dinars and release them into the economy without depreciating the dinar and triggering inflation. In the interest of job creation and economic stimulation, it has chosen the later, as most central banks have done worldwide.
So the CBI was speaking truthfully after all. It did buy the gold to help stabilize its currency. But not to make it stronger. Rather, to prevent the dinar from collapsing and to prevent hyper-inflation as it prints more money to finance its continuing reconstruction.
Joseph Cafariello
WUA - SHERIFF RICHARD MACK ----- IRS ON NOTICE & FEDERAL GOV'T ON NOTICE
Subject: WUA - SHERIFF RICHARD MACK ----- IRS ON NOTICE & FEDERAL GOV'T ON NOTICE
To: <SuccessTeamUSA@msn.com>
Cc:
….It’s our country, ours!
To: <SuccessTeamUSA@msn.com>
Cc:
WUA - SHERIFF RICHARD MACK – American all the way……..
SHERIFF RICHARD MACK ----- IRS ON NOTICE & FEDERAL GOV'T ON NOTICE ----- GOING TO STOP SUEING AND START DOING
Importance: High
Importance: High
LET'S MAKE THIS A BETTER WORLD
http://www.youtube.com/watch? v=uEzwlWSabIg 6:55 minutes
Sheriff Mack can be reached at
Sheriff Richard Mack can be reached at sheriffmack@hotmail.com cell 928-432-xxxx office 805-307-3019
Sheriff Mack website http://cspoa.org/ or http://sheriffmack.com/
“What if” – Every Sheriff stood up for the Constitution and States Rights…
Better question – Why aren’t they?.......WHY?
#2
3 Minute Video about Gov't Employees
Well done, short video explaining WHY the Government won't cut Spending...
This is a good one to watch no matter which side you favor, whether you're a Democrat or Republican.
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