It is midnight. The IT processes I stayed up to babysit at this critical time for retail companies have completed. I am anticipating the likely bankruptcy of the business I've worked for these past years. To say sales are "soft" does not really do justice to what is happening. I will most likely join the ranks of the unemployed sometime before Spring; perhaps sooner if the Bank pulls the line of credit out from under us.

We sell across the US and we know that one of our competitors is in the same trouble; this competitor is much much larger than us and you, dear reader, dear consumer, most likely know their name. They were suckered in by those first few weeks of October when it seemed like it might, just might, be a decent holiday season for retailers. Its not going to be a good retail season; imagine that in a period of just four weeks sales have plummeted 70% even as we begin the holiday shopping season. Its not just our main store but all of our sales channels; even the Amazon channel is down.

In charting how far afield (or a'sea) that Somali pirates are venturing into the Indian Ocean, Gadahn at maritime blog Information Dissemination also points out. . .

With Army Generals in Afghanistan now pointing out that Al Qaeda has almost entirely shifted out of Afghanistan to Pakistan and Somalia, Somalia should be treated as an emerging asylum for the global jihad with intent to attack the United States. It is unreasonable to suspect Al Qaeda movement and activity in Somalia only to additionally assume they will ignore the incredible effectiveness of piracy originating from Somalia. The tactics, training, technology, and revenue streams surrounding the Somali piracy problem suggests an ideal environment for further expansion of Al Qaeda capabilities and techniques, and the absence of any containment off the coast of Somalia is an invitation to future disaster for western nations that depend on trade at sea. The ranges involved in recent attacks highlight that containment must be examined as the next step, because if the global community does not move to contain the expanding problem of piracy in the Indian Ocean, we are playing with gasoline in one hand, and a flamethrower in the other.

Do Agonist readers think al Qaeda would attempt to take over from the pirates or initiate copycat operations?

MarketWatch First Take

Nov. 13, 2009, 2:03 p.m. EST
The downside of a weak dollar
Commentary: Inadvertently driving a bigger trade defici

By MarketWatch

SAN FRANCISCO (MarketWatch) -- The latest international trade numbers border on blasphemy.

For the generations of college kids who learned the ABCs of global economics from Paul Samuelson, a weak dollar is supposed to tip the balance of trade in favor of the nation's exporters. So why is the trade deficit exploding?

The dollar has lost 16% of its value against six other major currencies since March. In one quarterly report after another, companies doing business abroad showed they padded their profits every time they converted sales in local currencies back into U.S. dollars -- effectively enjoying the equivalent of a price hike without actually hiking prices.

Something hits me every time I see American troops in Iraq or Afghanistan. Several World War Two veterans and fellow Vietnam veterans I know have the same reaction. It has nothing to do with the politics of the wars. It’s the uniforms of our soldiers today, the ones in combat zones. They’re astonishingly tidy. Parade-ground tidy, one might even say. I know the reason and it’s partly my fault.

Even though there are no Vietnam veterans in the military anymore (unless there’s a white-walled sergeant major somewhere with hash marks like the Union Pacific railroad), the military looks back on the disciplinary troubles of the Vietnam War with horror and disgust – as a Calvinist minister would a drunken weekend in a Swiss whorehouse. The wayward minister could deny it ever happened, but our generals can’t. There’s news footage and a lot of us were there. Insubordination and AWOLs were on the rise. Morale and cohesion were on the decline. Discouraging words were heard as the peasants were daring to question the regime.

Like Blanche DuBois, the United States is "down on its uppers." We rely on the kindness of foreigners to finance our government.

A Whole Lot of Kindness

U.S. Department of the Treasury, Oct. 16, 2009

These customers must be extending kindness. How else do you explain the massive purchase of Treasuries Securities? They're ignoring wars that we can't afford and defense expenditures equaling 50% of the world's total spending. They're also ignoring the giveaways to failed Wall Street firms and others plus the forgiveness of the executives in charge by assuring their ongoing positions and bonuses.

It would be easy for an investor to look at the United States and say forget about it. But they don't. As a result, we're able to function, at least for a while, as though we're not totally upside down. Of course, there's self interest involved. If we hit the skids, they're likely to feel the back draft. But their self interest serves us well right now.

But there's another take on our benefactors. A "new kid" on the advocacy new block is sounding the alarm. Economy in Crisis is the new media group and their publication is America's Economic Report Daily.

"The American sellout is happening faster than ever as our companies are being taken over in a buying frenzy by foreign investors – like piranha fish consuming its weakened prey. Many of these companies have taken one hundred or more years to develop and were the source of our wealth, strength, and living standards; now overnight, gone. We should be concerned and even outraged that our government let this happen." About Economy in Crisis

Everything in Rev. Sun Myung Moon’s sprawling religious enterprise is about family.

His Divine Principle, the core of his religious teachings, posits that Rev. Moon and his wife Hak Ja Han Moon are humanity’s True Parents. They were placed on earth by God to rescue humanity from war and want by creating exemplary families that will through behavior and example show the way to world peace and unification. Rev. Moon claims that Jesus did not succeed in his mission to save humanity, because he did not marry. Jesus has therefore anointed Rev. Sun Myung Moon as the true Messiah. In the heavenly realm, Rev. Moon asserts that evil men like Adolf Hitler and Joseph Stalin have repented and have now declared Rev. Moon as the true Messiah. Rev. Moon’s Unification Church’s proper name is the Family Federation for World Peace and Unification.

Mr. Moon and his wife have 14 children. As you may expect, they are described on the Unification Church website as having raised exemplary families. They are accomplished religious leaders (many of them are referred to as “reverend”), business executives, community organizers, artists, and of course, peace advocates – though no mention is made of Moon Young-jin, who died of suicide in 1999.

Naturally, with so many talented children, many of them have found their way into employment in the family business. In fact, all the critical management positions in the Moon conglomerate are held by his children – an arrangement as nepotistic as it could possibly be, though conceivably justifiable since the companies are privately owned by Moon.

More after the jump.

The announcement of financial overhaul legislation in the U.S. Senate this week smacked of irony as its author, Senator Chris Dodd—the recipient of a sweetheart rate on his own home mortgage—announced a sweeping 1,136 page piece of legislation to “protect consumers.” It appears at this point that the protection consumers and Middle America really need is from this nation’s politicians, who have too long lined their pockets with campaign contributions from big business and who have allowed financial institutions to fleece Middle America.

It wasn’t but a couple of years ago that big business and congress all but eliminated the ability of consumers to effectively discharge their debts in bankruptcy proceedings. At the same time, banks and financial institutions were making loans to borrowers who clearly could not qualify. Banks, financial institutions and credit card companies continued extending generous limits on credit cards and lines of credit to consumers. Now be fair, much of the mortgage activity came from Democrats in congress who believed that everyone had an inalienable right to own a home, evidently whether they could afford it or not. And naturally, Republicans, who long ago sold their soul to big business, positioned their bank and financial institution contributors for all of the mortgage business.

“Disillusioned” is the word that best describes how many Americans feel after eight years of George Bush and the election of Barack Obama a year ago. Republicans had a majority in congress and the presidency, yet achieved little for Middle America. They betrayed voters by inflating the deficit and growing government, sending men and women into nation-building wars whose purposes are still unknown, and created a culture of moral and ethical corruption in Washington D.C. It was under lax and pathetic regulatory oversight that a Republican president and Republican congress allowed corporations to betray shareholders with questionable and highly leveraged credit default swaps, only to be followed by a $700 billion taxpayer bailout created by the Bush administration—so much for limited government. Republicans are a party without a message and without a messenger.

Asia Times, By Andrei Lankov, November 12

SEOUL - In the past few weeks, North Korean watchers have been confronted with a sight they do not see frequently: Americans outsmarting North Koreans.

Usually, the opposite is the case. North Korea might be a failing state, balancing on the verge of famine, but when it comes to diplomatic games, North Korean politicians are second to none.

They have studied the dangerous art of manipulating great powers since the 1960s, when they played Russians and Chinese against one another. They perfected their skills in the 1990s, when they managed to manipulate the US, South Korea and China into providing large amounts of food and energy aid while giving essentially nothing in return.

I started this out as a comment to Sean Paul's recent opinion that we should reinstate the Glass-Steagall Act, which kept lending banks separate from investment banks. Doing so would deny investment banks access to cheap credit and FDIC insurance, which would mean they wouldn't be able to over-leverage themselves like they did over the last few years.

It sounds good to me... but frankly I'm not smart enough to know if its a good idea... and I do have one nagging concern... We need to make certain we keep our banking system not only stable, but profitable. Because if we don't, we might cripple part of our economy.

More after the jump.

New York Times, By Paul Krugman, November 9

Last Thursday there was a rally outside the U.S. Capitol to protest pending health care legislation, featuring the kinds of things we’ve grown accustomed to, including large signs showing piles of bodies at Dachau with the caption “National Socialist Healthcare.” It was grotesque — and it was also ominous. For what we may be seeing is America starting to be Californiafied.

The key thing to understand about that rally is that it wasn’t a fringe event. It was sponsored by the House Republican leadership — in fact, it was officially billed as a G.O.P. press conference. Senior lawmakers were in attendance, and apparently had no problem with the tone of the proceedings.

A most revealing comment was made today by The Maestro, Alan Greenspan, speaking at a conference in Alberta on energy and the global economy:

We have been very fortunate that the stock markets moved back and are re-liquifying the whole process.

He pointed to the “wealth effect” created by a rising stock market, especially when investors cash in their capital gains.

In olden times, before Alan Greenspan spent over a decade as Federal Reserve Chairman, Fed officials worried about the growth in money supply, the level of prices in the economy, unemployment, and the strength of the dollar overseas. In fact, if you read the enabling legislation for the Fed, these are the things the Board of Governors should be concentrating on.

At least two provisions in the House health reform bill are very troubling, the de facto repeal of Roe v. Wade and this. In a powerful post on the Welcome Back to Pottersville, poster Jurassicpork laid it out. This is as clear and logical a statement as I've seen on the utter contempt that Congress has for the people. We're creating a new criminal class, people who can't afford health insurance. The solution - fines and prison. All thanks to the Money Party which has reached depths previously unimaginable. Well worth a read. Michael Collins

Congress Pulls the Trigger

Many people have described what took place in the 23rd district of New York congressional race as an internal struggle within the Republican Party, an internal struggle for the soul of the Republican Party. I find this analogy difficult to accept and understand because how can you fight for something that doesn’t exist? To say the Republicans are fighting over their soul is akin to saying the Civil War was a fight for the soul of America, while poetically it sounds good the truth is somewhat less pleasant. The Civil War was not about the soul of America, it was about the viability of a nation and its dependence on a corrupt regional power structure. What happened in New York was not about the soul of the Republican Party, it was about the viability of a national party and its reliance on a corrupt regional power base.

Earlier this year, the Pentagon committed $50 million to a study investigating why the suicide rate in the military is rising. It used to be below the suicide rate in comparable civilian groups, but now it’s four times higher.

Thirteen American soldiers were killed by a gunman at Fort Hood in Texas last Thursday, but 75 others have died by their own hand at the same army base since the invasion of Iraq in 2003. Why?

To most people, the answer is obvious. The wars in Iraq and Afghanistan have been frustrating, exhausting, and seemingly endless, and some people just can’t take it any more. But the Pentagon is spending $50 million to search for other possible causes, because it doesn’t like that answer.

http://www.straight.com/article-269513/gwynne-dyer-us-media-overlook-obvious-explanation-maj-nidals-mass-murder

Sean Paul Kelly asked a number of Agonist readers to predict what the world would look like in 30 years. I am hesitant to comply. For me, to predict events in the future is to prophesy. To prophesy incorrectly makes one a false prophet. So I am very cautious with even the simplest statements regarding the future.

I rarely say I will do anything tomorrow without adding, good Lord willing, as a qualifier.

To be honest, I have had mental images, glimpses if you will, of events I think may be part of this country’s future and they are quite scary. I don’t know if these images are divinely inspired or just creations of my own mind.

Mamoon Alabbasi | Baltimore Chronicle

Editorial note by Robert Parry: A year after Barack Obama was elected President, many on the American Left are criticizing him for not achieving all they had hoped for – including an end to the wars in Iraq and Afghanistan, a complete rejection of George W. Bush’s “war on terror,” and sharp reductions in military spending.

But MIT professor Noam Chomsky suggests those hopes were always naïve and that only a powerful grassroots movement can force such changes, as reported in this guest article by Mamoon Alabbasi that previously appeared in Middle East Online:

As civilized people across the world breathed a sigh of relief to see the back of former U.S. President George W. Bush, top American intellectual Noam Chomsky warned against assuming or expecting significant changes in the basis of Washington's foreign policy under President Barack Obama.

During two lectures organized by the School of Oriental and African Studies (SOAS) in London, Chomsky cited numerous examples of the driving doctrines behind U.S. foreign policy since the end of World War II.

"As Obama came into office, Condoleezza Rice predicted that he would follow the policies of Bush's second term, and that is pretty much what happened, apart from a different rhetorical style," Chomsky said.

"But it is wise to attend to deeds, not rhetoric. Deeds commonly tell a different story," he added.

"There is basically no significant change in the fundamental traditional conception that we if can control Middle East energy resources, then we can control the world," explained Chomsky.

Chomsky said that a leading doctrine of U.S. foreign policy during the period of its global dominance is what he termed as "the Mafia principle."

Many suggest the US CIA and Indian Intelligent services have created a "fifth column" of specially trained anti insurgent forces composed of BEARS, in an effort to control the influx of militants. I would suspect an impending "anti bear fatwa" being proclaimed shortly.

Bear kills militants in Kashmir

A bear killed two militants after discovering them in its den in Indian-administered Kashmir, police say.

Two other militants escaped, one of them badly wounded, after the attack in Kulgam district, south of Srinagar
http://news.bbc.co.uk/2/hi/south_asia/8339549.stm

It’s hard to believe that a year has come and gone since then candidate Obama became President-elect Obama and then President Obama. For some reason it seems like it has been longer than that I guess if you listen to the “newsmakers” and other talking heads he has been in office for at least 3 years. I mean after all the war in Iraq is still going on, not to mention Afghanistan and the possibility of its escalation, unemployment is nearing record highs, we still don’t have health-care reform, and gays still can’t serve openly in the military. The list of unfulfilled promises is longer now than it was during the campaign. What has this guy done, besides win the Nobel Peace prize?

That just about sums up the Agricultural Industrial Complex's effort to take over the Ohio Constitution on Tuesday, so they can self-regulate, because, you know, it worked out so well on Wall Street and with Enron (to name 2 of, oh, a trillion examples)...

In any case, Facebook group here. Video below. Happy Monday all!

Triumph of the Money Party

Michael Collins

Do you know what the "public option" does or who it covers? If you've had trouble finding out, it's not your fault. Reading corporate media coverage provides little or no clue. It's hardly ever defined. There's a very good reason for the lack of clarity and definition. But first, a brief summary of the public debate that characterizes just about every public debate we have on critical issues.

Marina Hyde | The Guardian

While Hubbard's cult gets ever more exposed, it's a shame other religions are not forced to justify their own doctrinal lunacies

Draw near, infidels, for these are dark days for the Knights of Hubbard. Do not despair entirely – the Church of Scientology remains insanely rich, has excellent and rapacious lawyers, and according to the International Scientology News, "every minute of every hour, someone reaches for L Ron Hubbard technology … simply because they know Tom Cruise is a Scientologist". So unless the world's supply of troubled fools is melting away quicker than the Arctic ice cap, they can probably hold off trying to lure disaffected Kabbalists into their cultish communion, after the fashion of Pope Benedict and the Anglicans. And yet, all things considered, it has not been the best of weeks for our operating thetans.

In France, Scientology was found guilty of defrauding its followers after a judge effectively debunked the idea of the church's trusty e-meter, a crude polygraph whose readings are used to encourage Scientologists to purchase everything from books to extreme sauna courses. In Los Angeles, the Oscar-winning (even if it was only for the abysmal Crash) director Paul Haggis cut his ties with Scientology in protest at what he branded their tolerance of homophobia, adding for good measure that the church's claim that they do not tell people to "disconnect" from unsupportive family members was untrue – his own wife had been ordered to do so. Meanwhile, Scientology's chief spokesman Tommy Davis stormed out of a television interview with Martin Bashir, after the latter pressed him on what we might delicately term "certain articles of faith". The alien stuff, basically.

What has caused these synchronous events? Naturally, one's initial assumption is that the everlasting battery which provides the force field which holds the intergalactic tyrant Xenu captive in an unspecified mountain here on Earth is not as everlasting as billed, or was perhaps commandeered when the battery went in some vast cosmic remote control. In humanoid households, of course, a TV remote is the appliance for which all other batteries must be yielded up – including those in the smoke alarm – and the same hierarchy holds true on a galactic scale.

The more I am involved in local politics and neighborhood issues the more I am coming to realize that most people tend to seek out those who share their already held beliefs and look for reinforcement versus critical analysis. Have we become a country that is so entrenched in ideology that facts have become nonessential to rational discussion? My fear is that we have become a nation of intellectually lazy people who would rather have their news and facts spoon fed to them by the likes of Fox News, CNN, and MSNBC. It appears that the more technology we incorporate into our society the less many of us read, study, and work to understand the nuisances of different issues. Instead of witnessing accurate and factual discussions we have become spectators to a drunken family brawl, where facts are replaced with family indignation.

Yes folks, now YOU can have the new Zim Zam Optimistic Vision Protector:

Zim Zam helmets are immune to pessimism and are even safer than burying your head in the sand. Worried about another financial disaster? Peak oil? Climate change? The war in Afghanistan? ... Your Zim Zam helmet filters out everything but optimism; Read the Wall Street Journal and never have to worry about seeing an article quoting Nouriel Roubini. Pessimism is filtered out through a digital HTLS system.

Do you have a love one who is anxious or down because they read the Internet? Zim Zam has the equipment you need to turn their lives around. You can even rescue followers of Michael Rupert by slapping one of our helmets over them. In a matter of days the most pessimistic person will invest their remaining 401K or IRA in high risk securities.

Don't worry be happy, wear a Zim Zam.

Support our troops stickers extra.

yes, but does it come with batteries? ~eds.