Tuesday, February 5, 2013

Government sues S&P for 'triggering' 2008 meltdown


Accused Sandy Hook killer Adam Lanza
The Justice Department will prove that the Standard and Poor credit rating agency caused the financial meltdown of 2008 by reporting falsely inflated values of mortgage-backed derivative securities.
In a suit filed in the central district of California, the government alleges the agency, which is a subsidiary of McGraw-Hill, engaged in three types of fraud to bilk investors – many of them banks and credit unions – out of an estimated $500 billion.
Alleged Aurora shooter James Holmes
The lawsuit is based on the provisions of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA). According to the complaint, S and P engaged in 1) mail fraud, 2) wire fraud, and 3) financial investment fraud to keep its ratings “artificially high.”(click here for an industrial report)
“Put simply, the alleged conduct is egregious and goes to the heart of the financial crisis,” said Attorney General Eric Holder.
While Standard & Poor is “disappointed” with the performance of residential mortgage-backed securities (RMBS) and collateralized debt obligations (CDO), the statement says, “S and P's ratings were based on the same subprime mortgage data available to the rest of the market, including the U.S. Government...”
When S and P declared “massive downgrades” of the securities, it “more than any other event triggered the beginning of the financial crisis,” according to the Senate report.

Monday, February 4, 2013

A new moon, new gunmen, more mysteries, more fear...

False flags unfurl in the U.S., world
The Sandy Hook controversy with an inconsistent story
The Sandy Hook controversy with an inconsistent story
The Corbett Report on Operation Gladio


A full report on Operation Gladio's full measures


How disinformation campaigns work

'They just presume to have the right to mislead people...'

Sunday, February 3, 2013

Witnesses describe shooter's tense escape from cops


Chief Chris Kyle, SEAL/Sniper
Midlothian – A team of police officers nearly surrounded Eddie Routh, the 25-year-old Marine Corporal who is charged with the capital murder of Chief Chris Kyle and Chat Littlefield, as he pulled into his driveway in a truck he stole from one of the two victims following the shooting.
Chad Littlefield

The pair took him shooting at Rough Creek Resort and Conference Center in an effort to ease his suffering from Post Traumatic Stress Disorder, lawmen and news reporters learned from a neighbor, after his mother Jodi Leigh Routh reached out to Chief Kyle for help.

Eddie Routh, former Marine Corporal
A visitor to the gun range found their lifeless bodies about 5:30 p.m.

The sprawling 11,000-acre complex is located about 5 miles west of Glen Rose, and is the site of numerous gun sporting events to benefit wounded veterans.

Chief Kyle, president and founder of the tactical weapons training organization Craft International, also operated a charitble foundation to benefit wounded warriors named FITCO. Reached for comment, an anonymous spokesman for the resort complex said, “I think it was just a private thing, just the three of them getting together to do some shooting.”

Chief Kyle and Mr. Littlefield, 35, were fellow soccer parents and neighbors. The highly decorated SEAL had been decorated with the Silver Star, numerous Bronze Stars and Navy and Marine Corps Commendations.

As the desperate accused killer pulled into the driveway of his mother's home at Midlothian, none of the officers who surrounded the large 4-wheel drive F-150 Ford covered in Rhino armor and emblazoned with the Craft corporate logo made a move to detain him. A female officer armed with a shotgun made no attempt to put him in detention.

They speculated that a semiautomatic handgun they found at the house may have been the murder weapon used to shoot his victims.

Lawmen later apprehended him at about 9 p.m. near his home in Lancaster when they placed spike strips across the road to flatten the truck's tires. A magistrate set his bond at $3 million following his arraignment for two counts of capital murder.

Motive unclear in killing of ace SEAL/Sniper



Despite what your momma told you...Violence does solve problems... - corporate logo

Glen Rose – In the world of total hostility represented by the art of war, there's nothing quite like sniping.

Ask any Marine or special ops hand, and he'll tell you he's going nowhere without the hospital corpsman, plenty of ammo and morphine syrettes, and snipers deployed on both flanks, fore and aft, at a range of not less than 300 yards, minimum.

It's all part of standard Navy and Marine Corps doctrine; it's printed right there in the Scout-Sniper manual.

But when the sniper who holds the record number of confirmed kills at 160 effective hits gets it on a rifle range, of all places, eyebrows go up all over the lot.

And this was not just any Scout-Sniper. 
Chris Kyle was a member of SEAL Team 3 who fought insurgents in the Iraqi Freedom war from 1999 to 2009. Mr. Kyle made one of his confirmed kills from a distance of 2,100 yards when he spied an insurgent readying a rocket propelled grenade launcher in his scope.

He was a certified hero, so he wrote his own biography to keep some unscrupulous dime novelist from taking credit. The book is called “American Sniper.”

There's more.

Logo for Craft International, founded by Chris Kyle
The so-called “rifle range” wasn't just the standard GI issue number. Rough Creek Resort and Conference Center, located at 5165 County Road 2013 in this resort city, is situated on 11,000 acres “nestled in the foothills of the Hill Country.”

There are a number of diversions, including bass and crappie fishing on an 80-acre lake, skeet shooting, golf, four-wheeling through a lot of very scenic country, and – presumably – some hunting.

Did we mention that a CBS Sunday Morning correspondent recently named the resort one of the top 5 places to get married?

Yeah, you got it right. It's a place to go after the hell of war. Mr. Kyle, a native of the area who went to Tarleton State University in Stephenville, did four tours there.

And then someone left he and another man dead on the ground at 5:30 p.m. on a Saturday afternoon amid all this opulent luster.

Authorities have not yet said whether he was shot in the front – or in the back. Nor have they said what kind of firearm the assailant used in the killings.

The upshot is that the People of the State of Texas will seek to prove that ex-Marine Eddie Ray Routh, 25, of Lancaster, committed two counts of capital murder when he left Mr. Kyle and an unnamed second victim dead at the rifle range and booked in Mr. Kyle's Ford F-150 pickup with huge tires and rims and entirely encased in Rhino Liner.

The cops found him at home, and he gave them a brief chase before surrendering, according to Sgt. Lonny Haschel with the Texas Department of Public Safety.

No one has discussed his motives for the attack he is alleged to have committed. But, then, the state will be under no burden of proof as to his motive, or lack of motive. They need only prove he did it, to the exclusion of all other people.

The key points media outlets are hammering on are these:

Mr. Kyle held a record for a number of confirmed kills.

His assailant killed him at a “rifle range.”

At the battle of Ramadi, insurgents nicknamed him "The Devil," and placed a $20,000 price on his head. 

He is the proprietor of a security training company that charges military and law enforcement clients as much as $500 per training session to learn advanced techniques in handling firearms.

Craft International is scheduled to put on a Rough Creek Shoot-Out at $2,950 a head charged to train civilians on the uses of pistols, shotguns, rifles and an optional instruction module in firing machine guns in April. 

His corporate logo, the skull outline of the Marvel Comics action hero called “The Punisher,” is a fearsome symbol used by many proponents of gun rights.

Good luck, shipmate. We will miss you at the radar station.

- The Legendary

Saturday, February 2, 2013

In the skateboard park, over the top, all day, all night

Temple Skate Board Park, Santa Fe Depot



Friday, February 1, 2013

Fishback Sky and a Skeleton in Cirrus formation...




An equation of madness and destruction - x factor =

This - eventually, equals - this - every time