1. Gold Bull:

"Both men [Adam Fleming and James Turk] think that we are the "in the foothills" of a long precious metals bull market, and that the gold price is in some ways cheaper than it was back when they spoke at GATA's Dawson City conference in 2005"

2. Gold Bear:

"Gold remains on the 'Cliff Edge,' as the 1625-1640 critical support area undergoes a severe test… Either we break below this area and accelerate sharply lower and perhaps embark on a rapid decline… or we bottom. A sharp and sustained decline below 1623-1625 adds considerably to the bearish odds. Let's allow the market's price action at this critical price area to determine the likely outcome." Mike Drakulich, Elliott Wave International Metals Specialty Service

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The Greatest Single Threat to Humanity: Fuel Pool Number 4

We noted days after the Japanese earthquake that the biggest threat was from the spent fuel rods in the fuel pool at Fukushima unit number 4, and not from the reactors themselves. See this and this.

We noted in February:

Scientists say that there is a 70% chance of a magnitude 7.0 earthquake hitting Fukushima this year, and a 98% chance within the next 3 years.

Given that nuclear expert Arnie Gundersen says that an earthquake of 7.0 or larger could cause the entire fuel pool structure collapse, it is urgent that everything humanly possible is done to stabilize the structure housing the fuel pools at reactor number 4.

Tepco is doing some construction at the building … it is a race against time under very difficult circumstances, and hopefully Tepco will win.

As AP points out:

The structural integrity of the damaged Unit 4 reactor building has long been a major concern among experts because a collapse of its spent fuel cooling pool could cause a disaster worse than the three reactor meltdowns.

***

Gundersen (who used to build spent fuel pools) explains that there is no protection surrounding the radioactive fuel in the pools. He warns that – if the fuel pools at reactor 4 collapse due to an earthquake – people should get out of Japan, and residents of the West Coast of America and Canada should shut all of their windows and stay inside for a while.

The fuel pool number 4 is apparently not in great shape, and there have already been countless earthquakes near the Fukushima region since the 9.0 earthquake last March.

Germany’s ZDF tv quotes nuclear engineer Yukitero Naka as saying:

If another earthquake occurs then the building [number 4] could collapse and another chain reaction could very likely occur.

(Unit 4 contains plutonium as well as other radioactive wastes.)

Mainchi reported on Monday:

The storage pool in the No. 4 reactor building has a total of 1,535 fuel rods, or 460 tons of nuclear fuel, in it. The 7-story building itself has suffered great damage, with the storage pool barely intact on the building’s third and fourth floors. The roof has been blown away. If the storage pool breaks and runs dry, the nuclear fuel inside will overheat and explode, causing a massive amount of radioactive substances to spread over a wide area. Both the U.S. Nuclear Regulatory Commission (NRC) and French nuclear energy company Areva have warned about this risk.

A report released in February by the Independent Investigation Commission on the Fukushima Daiichi Nuclear Accident stated that the storage pool of the plant’s No. 4 reactor has clearly been shown to be “the weakest link” in the parallel, chain-reaction crises of the nuclear disaster. The worse-case scenario drawn up by the government includes not only the collapse of the No. 4 reactor pool, but the disintegration of spent fuel rods from all the plant’s other reactors. If this were to happen, residents in the Tokyo metropolitan area would be forced to evacuate.

Former Minister of Land, Infrastructure, Transport and Tourism Sumio Mabuchi, who was appointed to the post of then Prime Minister Naoto Kan’s advisor on the nuclear disaster immediately after its outbreak, proposed the injection of concrete from below the No. 4 reactor to the bottom of the storage pool, Chernobyl-style.

***

“Because sea water was being pumped into the reactor, the soundness of the structure (concrete corrosion and deterioration) was questionable. There also were doubts about the calculations made on earthquake resistance as well,” said one government source familiar with what took place at the time. “[F]uel rod removal will take three years. Will the structure remain standing for that long?

Asahi noted last month that - if Unit 4 pool gets a crack from an earthquake and leaks, it would be the end for Tokyo.

Kevin Kamps said last month:

Unit 4 storage pool… The entire building is listing including the pool. What they have is steel jacks underneath the pool to try to keep the floor from falling out or the pool from flipping over.

If that cooling water supply is lost, it will be just a few hours at most before that waste is on fire. 135 tons outside of any radioactive containment. They would be direct releases into the environment. 100% of cesium-137 could be released to the environment.

Former U.N. adviser Akio Matsumura – whose praises have been sung by Mikhail Gorbachev, U.S. Ambassadors Stephen Bosworth and Glenn Olds, and former U.S. Deputy Secretary of State and Goldman Sachs co-chair John C. Whitehead – notes:

The unit suffered enormous damage during the tsunami—a hydrogen explosion blew the roof off, leaving the highly radioactive fuel pool exposed to the open air. If another high level earthquake hits the area, the building will certainly collapse. Japanese and American meteorologists have predicted that such a strong earthquake is indeed likely to hit this year.

The meltdown and unprecedented release of radiation that would ensue is the worst case scenario that then-Prime Minister Kan and other former officials have discussed in the past months. He warned during his speech at the World Economic Forum in Davos that such an accident would force the evacuation of the 35 million people in Tokyo, close half of Japan and compromise the nation’s sovereignty. Such a humanitarian and environmental catastrophe is unimaginable. Hiroshi Tasaka, a nuclear engineer and special adviser to Prime Minister Kan immediately following the crisis, said the crisis “just opened Pandora’s Box.”

The current Japanese government has not yet mentioned the looming disaster, ostensibly to not incite panic in the public. Nevertheless, action must be taken quickly. This website over the last year has published a running commentary from scientists explaining why Reactor 4 must be stabilized immediately, who might be able to accomplish such a task, and why the situation has largely gone unnoticed. We believe an independent, international team of structural engineers and other advisers must be assembled and deployed immediately. Mounting public pressure would force the Japanese government to take action. We hope these resources are helpful in educating the public about the crisis that we face.

As the eminent German physicist Dr. Hans-Peter Durr said ten months ago, if the spent fuel pool spills, we will be in a situation where science never imagined we could be.

Matsumura was told that if the fuel pool at unit 4 collapses or the water spills out, so much radiation will spew out for 50 years that no one will be able to approach Fukushima:

Even more dramatically, Matsumura writes:

Japan’s former Ambassador to Switzerland, Mr. Mitsuhei Murata, was invited to speak at the Public Hearing of the Budgetary Committee of the House of Councilors on March 22, 2012, on the Fukushima nuclear power plants accident. Before the Committee, Ambassador Murata strongly stated that if the crippled building of reactor unit 4—with 1,535 fuel rods in the spent fuel pool 100 feet (30 meters) above the ground—collapses, not only will it cause a shutdown of all six reactors but will also affect the common spent fuel pool containing 6,375 fuel rods, located some 50 meters from reactor 4. In both cases the radioactive rods are not protected by a containment vessel; dangerously, they are open to the air. This would certainly cause a global catastrophe like we have never before experienced. He stressed that the responsibility of Japan to the rest of the world is immeasurable. Such a catastrophe would affect us all for centuries. Ambassador Murata informed us that the total numbers of the spent fuel rods at the Fukushima Daiichi site excluding the rods in the pressure vessel is 11,421 (396+615+566+1,535+994+940+6375).

I asked top spent-fuel pools expert Mr. Robert Alvarez, former Senior Policy Adviser to the Secretary and Deputy Assistant Secretary for National Security and the Environment at the U.S. Department of Energy, for an explanation of the potential impact of the 11,421 rods.

I received an astounding response from Mr. Alvarez [updated 4/5/12]:

In recent times, more information about the spent fuel situation at the Fukushima-Dai-Ichi site has become known. It is my understanding that of the 1,532 spent fuel assemblies in reactor No. 304 assemblies are fresh and unirradiated. This then leaves 1,231 irradiated spent fuel rods in pool No. 4, which contain roughly 37 million curies (~1.4E+18 Becquerel) of long-lived radioactivity. The No. 4 pool is about 100 feet above ground, is structurally damaged and is exposed to the open elements. If an earthquake or other event were to cause this pool to drain this could result in a catastrophic radiological fire involving nearly 10 times the amount of Cs-137 released by the Chernobyl accident.

The infrastructure to safely remove this material was destroyed as it was at the other three reactors. Spent reactor fuel cannot be simply lifted into the air by a crane as if it were routine cargo. In order to prevent severe radiation exposures, fires and possible explosions, it must be transferred at all times in water and heavily shielded structures into dry casks.. As this has never been done before, the removal of the spent fuel from the pools at the damaged Fukushima-Dai-Ichi reactors will require a major and time-consuming re-construction effort and will be charting in unknown waters. Despite the enormous destruction cased at the Da–Ichi site, dry casks holding a smaller amount of spent fuel appear to be unscathed.

Based on U.S. Energy Department data, assuming a total of 11,138 spent fuel assemblies are being stored at the Dai-Ichi site, nearly all, which is in pools. They contain roughly 336 million curies (~1.2 E+19 Bq) of long-lived radioactivity. About 134 million curies is Cesium-137 — roughly 85 times the amount of Cs-137 released at the Chernobyl accident as estimated by the U.S. National Council on Radiation Protection (NCRP). The total spent reactor fuel inventory at the Fukushima-Daichi site contains nearly half of the total amount of Cs-137 estimated by the NCRP to have been released by all atmospheric nuclear weapons testing, Chernobyl, and world-wide reprocessing plants (~270 million curies or ~9.9 E+18 Becquerel).

It is important for the public to understand that reactors that have been operating for decades, such as those at the Fukushima-Dai-Ichi site have generated some of the largest concentrations of radioactivity on the planet.

Many of our readers might find it difficult to appreciate the actual meaning of the figure, yet we can grasp what 85 times more Cesium-137 than the Chernobyl would mean. It would destroy the world environment and our civilization. This is not rocket science, nor does it connect to the pugilistic debate over nuclear power plants. This is an issue of human survival.

There was a Nuclear Security Summit Conference in Seoul on March 26 and 27, and Ambassador Murata and I made a concerted effort to find someone to inform the participants from 54 nations of the potential global catastrophe of reactor unit 4. We asked several participants to share the idea of an Independent Assessment team comprised of a broad group of international experts to deal with this urgent issue.

I would like to introduce Ambassador Murata’s letter to the UN Secretary General Ban Ki-moon to convey this urgent message and also his letter to Japan’s Prime Minister Yoshihiko Noda for Japanese readers. He emphasized in the statement that we should bring human wisdom to tackle this unprecedented challenge.

Ambassador Murata’s letter says:

It is no exaggeration to say that the fate of Japan and the whole world depends on NO.4 reactor. This is confirmed by most reliable experts like Dr. Arnie Gundersen or Dr. Fumiaki Koide.

Anti-nuclear physician Dr. Helen Caldicott says that if fuel pool 4 collapses, she will evacuate her family from Boston and move them to the Southern Hemisphere. This is an especially dramatic statement given that the West Coast is much more directly in the path of Fukushima radiation than the East Coast.

Will humanity rise to the occasion, and figure out how to stabilize fuel pool number 4 before catastrophe strikes?

Or will modern civilization win a Darwin award for failing to pay attention to the real threats?

About the publisher: Posted on Washington's Blog on April 7, 2012 by WashingtonsBlog

Spy On Everyone

"Because cyberspace is primarily a civilian space, where we put the intimate details of our lives, we now have a militarization of civilian life. So this is sort of the equivalent of having, you know, a tank in your lounge-room because what you do in your lounge-room, with your telephone, updating your Facebook page, or speaking to your friends is being monitored by very sophisticated national security equipment. For everyone, even if they're just a civilian, so every civilian is now a target of military intelligence activity. Everyone." Julian Assange

1. Julian Assange interview on The Spy Files (2011/01/12):

Note: Wikileaks: The Spy Files

2. Wall Street Journal The Surveillance Catalog - Where governments get their tools:

"Documents obtained by The Wall Street Journal open a rare window into a new global market for the off-the-shelf surveillance technology that has arisen in the decade since the terrorist attacks of Sept. 11, 2001."

"The techniques described in the trove of 200-plus marketing documents include hacking tools that enable governments to break into people’s computers and cellphones, and "massive intercept" gear that can gather all Internet communications in a country."

"The documents—the highlights of which are cataloged and searchable here—were obtained from attendees of a secretive surveillance conference held near Washington, D.C., last month. Read more about the documents and see a list of agencies attending several such conferences (updated Feb. 7, 2012)."

Note: Video + Catalog Link: Wall Street Journal The Surveillance Catalog

3. Surveillance Camera System Searches Through 36 Million Faces In One Second:

Lie to Everyone

4. Tokyo Soil Samples Would Be Considered Nuclear Waste In The US:

5. Fukushima-Daiichi: An Accident Waiting to Happen:

Tax Everyone

6. The Problem With Property Taxes:

Note: A small step forward, but not enough: Minnesota House Passes Tax Relief and Job Creation Act

Dallas Fed Slams Too Big to Fail Banks

For years, many high-level economists and financial experts have said that – unless we break up the giant banks – our economy will never recover, real reform will be blocked, and democracy and the rule of law will be corrupted.

The President of the Federal Reserve Bank of Dallas – Richard Fisher – has been one of those calling for the breakup of the giant, insolvent banks. But he has only done so in his private capacity …

Until now.

This week, Fisher and the Dallas Fed’s research director, executive vice president Harvey Rosneblum, sent out official communications from the Dallas Fed slamming the too big to fails, and calling for their immediate breakup.

Yves Smith points out:

Ordinarily, pointing out that long-standing critic of too big to fail banks is still unhappy about them would not count as news. But the commentary of Dick Fisher, the head of the Dallas Fed, and that of his research director, executive vice president Harvey Rosneblum, is noteworthy because it stands in contrast to the emerging conventional wisdom inside the Beltway. I was told last week that the prevailing and accurate view of last year, that Dodd Frank didn’t go far enough, is being supplanted by the Jamie Dimon view that’s it’s too intrusive. Note that those aren’t actually inconsistent: effective bank regulation IS intrusive. Banker unhappiness would ordinarily be a good sign, but the crisis perps have taken to howling at any intrusion on their imperial right to profit. And the worst is that third parties take their kvetching seriously.

Are there any counter-arguments by the giant banks?

No. Instead, the head of the bank lobbying group – the American Bankers Association – used high school playground logic, saying (1) Fisher must be “addled from the Texas heat” and (2) other cars were going faster than I was, officer (i.e. other countries have more big banks).

Dallas Fed Confirms that Big, Insolvent Banks Are Killing Our Economy … and Democracy

Fisher sent out the following letter in his official capacity:

Letter from the President

If you are running one of the “too-big-to-fail” (TBTF) banks—alternatively known as “systemically important financial institutions,” or SIFIs—I doubt you are going to like what you read in this annual report essay written by Harvey Rosenblum, the head of the Dallas Fed’s Research Department, a highly regarded Federal Reserve veteran of 40 years and the former president of the National Association for Business Economics.

Memory fades with the passage of time. Yet it is important to recall that it was in recognition of the precarious position in which the TBTF banks and SIFIs placed our economy in 2008 that the U.S. Congress passed into law the Dodd–Frank Wall Street Reform and Consumer Protection Act (Dodd–Frank). While the act established a number of new macroprudential features to help promote financial stability, its overarching purpose, as stated unambiguously in its preamble, is ending TBTF.

However, Dodd–Frank does not eradicate TBTF. Indeed, it is our view at the Dallas Fed that it may actually perpetuate an already dangerous trend of increasing banking industry concentration. More than half of banking industry assets are on the books of just five institutions. The top 10 banks now account for 61 percent of commercial banking assets, substantially more than the 26 percent of only 20 years ago; their combined assets equate to half of our nation’s GDP. [See this for a visual, graphic illustration.] Further, as Rosenblum argues in his essay, there are signs that Dodd–Frank’s complexity and opaqueness may even be working against the economic recovery. In addition to remaining a lingering threat to financial stability, these mega banks significantly hamper the Federal Reserve’s ability to properly conduct monetary policy.

They were a primary culprit in magnifying the financial crisis, and their presence continues to play an important role in prolonging our economic malaise. There are good reasons why this recovery has remained frustratingly slow compared with periods following previous recessions, and I believe it has very little to do with the Federal Reserve. Since the onset of the Great Recession, we have undertaken a number of initiatives—some orthodox, some not—to revive and kick-start the economy. As I like to say, we’ve filled the tank with plenty of cheap, high-octane gasoline. But as any mechanic can tell you, it takes more than just gas to propel a car.

The lackluster nature of the recovery is certainly the byproduct of the debt-infused boom that preceded the Great Recession, as is the excessive uncertainty surrounding the actions—or rather, inactions—of our fiscal authorities in Washington. But to borrow an analogy Rosenblum crafted, if there is sludge on the crankshaft—in the form of losses and bad loans on the balance sheets of the TBTF banks—then the bank-capital linkage that greases the engine of monetary policy does not function properly to drive the real economy. No amount of liquidity provided by the Federal Reserve can change this.

Perhaps the most damaging effect of propagating TBTF is the erosion of faith in American capitalism. Diverse groups ranging from the Occupy Wall Street movement to the Tea Party argue that government-assisted bailouts of reckless financial institutions are sociologically and politically offensive. [We've repeatedly noted that the Occupy and Tea Party movements have common ground in ending the bailouts and breaking up the giant banks.] From an economic perspective, these bailouts are certainly harmful to the efficient workings of the market.

I encourage you to read the following essay. The TBTF institutions that amplified and prolonged the recent financial crisis remain a hindrance to full economic recovery and to the very ideal of American capitalism.

It is imperative that we end TBTF. In my view, downsizing the behemoths over time into institutions that can be prudently managed and regulated across borders is the appropriate policy response. Only then can the process of “creative destruction”— which America has perfected and practiced with such effectiveness that it led our country to unprecedented economic achievement— work its wonders in the financial sector, just as it does elsewhere in our economy. Only then will we have a financial system fit and proper for serving as the lubricant for an economy as dynamic as that of the United States.

In the accompanying report, the Dallas Fed details how it views the idea of “too big to fail” as a severe perversion of capitalism:

As a nation, we face a distinct choice. We can perpetuate too big to fail, with its inequities and dangers, or we can end it. Eliminating TBTF won’t be easy, but the vitality of our capitalist system and the long-term prosperity it produces hang in the balance.

***

Greed led innovative legal minds to push the boundaries of financial integrity with off-balance-sheet entities and other accounting expedients. Practices that weren’t necessarily illegal were certainly misleading—at least that’s the conclusion of many post crisis investigations. [And the government encouraged such behavior. And see this.]

***

Mammoth institutions were built on a foundation of leverage [which destabilizes the economy, but is still blessed by mainstream economists.]

***

Make no mistake about it: A bailout is a failure, just with a different label.

***

The machinery of monetary policy hasn’t worked well in the current recovery. The primary reason: TBTF financial institutions. Many of the biggest banks have sputtered, their balance sheets still clogged with toxic assets accumulated in the boom years.

In contrast, the nation’s smaller banks are in somewhat better shape by some measures. [And are therefore much better able to lend to small Main Street businesses.] Before the financial crisis, most didn’t make big bets on mortgage-backed securities, derivatives and other highly risky assets whose value imploded. [The big banks no longer do very much traditional banking. Most of their business is from financial speculation. For example, less than 10% of Bank of America’s assets come from traditional banking deposits. Instead, they are mainly engaged in financial speculation and derivatives. (and see this).] Coming out of the crisis, the surviving small banks had healthier balance sheets. However, smaller banks comprise only one sixth of the banking system’s capacity and can’t provide the financial clout needed for a strong economic rebound.

The rationale for providing public funds to TBTF banks was preserving the financial system and staving off an even worse recession. The episode had its downside because most Americans came away from the financial crisis believing that economic policy favors the big and well connected. They saw a topsy-turvy world that rewarded many of the largest financial institutions, banks and nonbanks alike, that lost risky bets and drove the economy into a ditch.

These events left a residue of distrust for the government, the banking system, the Fed and capitalism itself …. These psychological side effects of TBTF can’t be measured, but they’re too important to ignore because they affect economic behavior. People disillusioned with capitalism aren’t as eager to engage in productive activities. They’re likely to approach economic decisions with suspicion and cynicism, shying away from the risk taking that drives entrepreneurial capitalism. The ebbing of faith has added friction to an economy trying to regain cruising speed. [As we have noted for years, the economy cannot recover until trust is restored.]

***

An unfortunate side effect of the government’s massive aid to TBTF banks has been an erosion of faith in American capitalism. Ordinary workers and consumers who might usually thank capitalism for their higher living standards have seen a perverse side of the system, where they see that normal rules of markets don’t apply to the rich, powerful and well-connected.

Here are some ways TBTF has violated basic tenets of a capitalist system:

Capitalism requires the freedom to succeed and the freedom to fail. Hard work and good decisions should be rewarded. Perhaps more important, bad decisions should lead to failure—openly and publicly. Economist Allan Meltzer put it this way:“Capitalism without failure is like religion without sin.”

Capitalism requires government to enforce the rule of law. This requires maintaining a level playing field. The privatization of profits and socialization of losses is completely unacceptable. TBTF undermines equal treatment, reinforcing the perception of a system tilted in favor of the rich and powerful.

Capitalism requires businesses and individuals be held accountable for the consequences of their actions. Accountability is a key ingredient for maintaining public faith in the economic system.The perception—and the reality—is that virtually nobody has been punished or held account- able for their roles in the financial crisis.

The idea that some institutions are TBTF inexorably erodes the foundations of our market-based system of capitalism.

***

The TBTF survivors of the financial crisis look a lot like they did in 2008. They maintain corporate cultures based on the short-term incentives of fees and bonuses derived from increased oligopoly power. They remain difficult to control because they have the lawyers and the money to resist the pressures of federal regulation. Just as important, their significant presence in dozens of states confers enormous political clout in their quest to refocus banking statutes and regulatory enforcement to their advantage. [Two leading IMF officials, the former Vice President of the Dallas Federal Reserve, and the the head of the Federal Reserve Bank of Kansas City, Moody's chief economist and many others have all said that the United States is controlled by an "oligarchy" or "oligopoly", and directly or indirectly said that the big banks and giant financial institutions are key players in that oligarchy.]

***

A financial system composed of more banks, numerous enough to ensure competition in funding businesses and households but none of them big enough to put the overall economy in jeopardy, will give the United States a better chance of navigating through future financial potholes and precipices. As this more level playing field emerges, it will begin to restore our nation’s faith in the system of market capitalism. [A study of 124 banking crises by the International Monetary Fund found that propping banks which are only pretending to be solvent hurts the economy, and that breaking up the giant banks speeds recovery].

About the publisher: Posted on Washington's Blog on March 23, 2012 by WashingtonsBlog

The following is quoted in its entirety from an opinion piece in The Independent: Robert Fisk: Madness is not the reason for this massacre, because it clearly reflects the horrible effects of war on both sides and the hypocrisy of the US armed forces (although, unfortunately as well, the same hipocrisy can be assigned to all other armed forces around the globe):

"I'm getting a bit tired of the "deranged" soldier story. It was predictable, of course. The 38-year-old staff sergeant who massacred 16 Afghan civilians, including nine children, near Kandahar this week had no sooner returned to base than the defence experts and the think-tank boys and girls announced that he was "deranged". Not an evil, wicked, mindless terrorist – which he would be, of course, if he had been an Afghan, especially a Taliban – but merely a guy who went crazy.

This was the same nonsense used to describe  the murderous US soldiers who ran amok in the Iraqi town of Haditha. It was the same word used about Israeli soldier Baruch Goldstein who massacred 25 Palestinians in Hebron – something I pointed out in this paper only hours before the staff sergeant became suddenly "deranged" in Kandahar province.

"Apparently deranged", "probably deranged", journalists announced, a soldier who "might have suffered some kind of breakdown" (The Guardian), a "rogue US soldier" (Financial Times) whose "rampage" (The New York Times) was "doubtless [sic] perpetrated in an act of madness" (Le Figaro). Really? Are we supposed to believe this stuff? Surely, if he was entirely deranged, our staff sergeant would have killed 16 of his fellow Americans. He would have slaughtered his mates and then set fire to their bodies. But, no, he didn't kill Americans. He chose to kill Afghans. There was a choice involved. So why did he kill Afghans? We learned yesterday that the soldier had recently seen one of his mates with his legs blown off. But so what?

The Afghan narrative has been curiously lobotomised – censored, even – by those who have been trying to explain this appalling massacre in Kandahar. They remembered the Koran burnings – when American troops in Bagram chucked Korans on a bonfire – and the deaths of six Nato soldiers, two of them Americans, which followed. But blow me down if they didn't forget – and this applies to every single report on the latest killings – a remarkable and highly significant statement from the US army's top commander in Afghanistan, General John Allen, exactly 22 days ago. Indeed, it was so unusual a statement that I clipped the report of Allen's words from my morning paper and placed it inside my briefcase for future reference.

Allen told his men that "now is not the time for revenge for the deaths of two US soldiers killed in Thursday's riots". They should, he said, "resist whatever urge they might have to strike back" after an Afghan soldier killed the two Americans. "There will be moments like this when you're searching for the meaning of this loss," Allen continued. "There will be moments like this, when your emotions are governed by anger and a desire to strike back. Now is not the time for revenge, now is the time to look deep inside your souls, remember your mission, remember your discipline, remember who you are."

Now this was an extraordinary plea to come from the US commander in Afghanistan. The top general had to tell his supposedly well-disciplined, elite, professional army not to "take vengeance" on the Afghans they are supposed to be helping/protecting/nurturing/training, etc. He had to tell his soldiers not to commit murder. I know that generals would say this kind of thing in Vietnam. But Afghanistan? Has it come to this? I rather fear it has. Because – however much I dislike generals – I've met quite a number of them and, by and large, they have a pretty good idea of what's going on in the ranks. And I suspect that Allen had already been warned by his junior officers that his soldiers had been enraged by the killings that followed the Koran burnings – and might decide to go on a revenge spree. Hence he tried desperately – in a statement that was as shocking as it was revealing – to pre-empt exactly the massacre which took place last Sunday.

Yet it was totally wiped from the memory box by the "experts" when they had to tell us about these killings. No suggestion that General Allen had said these words was allowed into their stories, not a single reference – because, of course, this would have taken our staff sergeant out of the "deranged" bracket and given him a possible motive for his killings. As usual, the journos had got into bed with the military to create a madman rather than a murderous soldier. Poor chap. Off his head. Didn't know what he was doing. No wonder he was whisked out of Afghanistan at such speed.

We've all had our little massacres. There was My Lai, and our very own little My Lai, at a Malayan village called Batang Kali where the Scots Guards – involved in a conflict against ruthless communist insurgents – murdered 24 unarmed rubber workers in 1948. Of course, one can say that the French in Algeria were worse than the Americans in Afghanistan – one French artillery unit is said to have "disappeared" 2,000 Algerians in six months – but that is like saying that we are better than Saddam Hussein. True, but what a baseline for morality. And that's what it's about. Discipline. Morality. Courage. The courage not to kill in revenge. But when you are losing a war that you are pretending to win – I am, of course, talking about Afghanistan – I guess that's too much to hope. General Allen seems to have been wasting his time."

Source: Robert Fisk: Madness is not the reason for this massacre.

1. Unsafe Nuclear Plants:

Part 1:

Part 2:

Note: "The NRC has released transcripts of calls detailing their plans to tell the National Labs to “knock it off” and not do anything to inform the public about the potential risks of fallout from Fukushima. You can read about it on enenews.com . You can also check out the transcript at the NRC website. If you search for the word “National" it is discussed on page 160 of the transcript. The instructions meant that millions of Americans were left in the dark regarding potential risks from radioactive materials that drifted across the pacific. The people who are responsible for these instructions should be fired today, and looking at jail time tomorrow." Download transcript here.

Formed head of World Health Organisation admits that WHO answers to IAEA (7:00 into video)

2. Unsafe Meat:

ABC News Investigates Pink Slime

Jamie Oliver's Food Revolution: Pink Slime - 70% of America's Beef is Treated with Ammonia

It's Now Illegal to Know What's in Your Food

Propaganda, then and now:

1. Edward Bernays: On Propaganda and Public Relations

"Edward Bernays on propaganda and public relations with a polemic insert from Steven Pinker's 'The Staff of Thought'. Can elite bards and scribblers create new metaphors to manipulate public opinion?"

2. Andras Szanto: Propaganda Then and Now: What Orwell Did and Didn't Know

On the 60th anniversary of Orwell's Politics and the English Language, George Orwell described political speech as consisting "largely of euphemism, question-begging and sheer cloudy vagueness." Some six decades later, many symptoms of manipulation and propaganda diagnosed by Orwell persist on the American political landscape, along with new disinformation techniques enabled by modern technology.

Propaganda Then and Now: What Orwell Did and Didn't Know from The New York Public Library on FORA.tv

Exposing propaganda:

3. James Grant: Bond Market Is `Desert of Value'

"The Fed seem bent on suppressing this most elegant thing we have called a price mechanism, the movement of price that determines all manner of things in a market economy. Yet the Fed seems bound and determined to superimpose its will in place of the price mechanism. Take the bond market for example, the Fed has hammered down yields directly and indirectly and in response people are throwing money at things like high-yield or junk bonds. These are the prices the Fed wants, but are they the right prices? No not necessarily."

5. James Hansen: Why I Must Speak Out About Climate Change:

"Top climate scientist James Hansen tells the story of his involvement in the science of and debate over global climate change. In doing so he outlines the overwhelming evidence that change is happening and why that makes him deeply worried about the future."

3. Rob Reid: The $8 billion iPod

The cost of copyright piracy? "Comic author Rob Reid unveils Copyright Math (TM), a remarkable new field of study based on actual numbers from entertainment industry lawyers and lobbyists."

Poking fun at propaganda:

4. Mark Fiore: Declaration of Thingamajig

Political animation. "Barack Obama holds forth on the legality of various conflicty thingamajigs. Take a closer look at Libya, Yemen and Pakistan after the president delivers his address on Afghanistan and Iraq."

6. The Yes Lab: Very Best Ghillie Suit Invasion

"UBS, a bank known for helping the hide the money of the rich at the expense of everyone else, gets invaded by non-violent commandos in ghillie suits."

By leading anti-war activist David Swanson, author of Day Break and War Is A Lie, who runs the websites DavidSwanson.org and WarIsACrime.org (formerly AfterDowningStreet.org)

1. When you’re setting a record for the longest modern war, cutting it short just increases the chances of somebody breaking your record some day.

2. When Newt Gingrich, Cal Thomas, and Lindsey Graham turn against a war, keeping it going will really confuse Republicans.

3. If we pull U.S. troops out after they have shot children from helicopters, kicked in doors at night, waved Nazi flags, urinated on corpses, and burned Korans it will look like we’re sorry they did those things.

4. U.S. tax dollars have been funding our troops, and through payments for safe passage on roads have also been the top source of income for the Taliban. Unilaterally withdrawing that funding from both sides of a war at the same time would be unprecedented and could devastate the booming Afghan economy.

5. The government we’ve installed in Afghanistan is making progress on its torture program and drug running and now supports wife beating. But it has not yet mandated invasive ultrasounds. We cannot leave with a job half-finished, not on International Women’s Day.

6. We have an enormous prison full of prisoners in Afghanistan, and closing it down would distract us from our essential concentration on pretending to close Guantanamo.

7. Unless we keep “winning” in Afghanistan it will be very hard to generate enthusiasm for our wars in Syria and Iran. And with suicide the top killer of our troops, we cannot allow our men and women to be killing themselves in vain.

8. If we ended the war that created the 2001 authorization to use military force, how would we justify our special forces operations in over 100 other countries, the elimination of habeas corpus, or the legalization of murdering U.S. citizens? Besides, if we stay a few more years we might find an al Qaeda member.

9. A few hundred billion dollars a year is a small price to pay for weapons bases, a gas pipeline, huge profits for generous campaign funders, and a perfect testing ground for weapons that will be absolutely essential in our next pointless war.

10. Terror hasn’t conceded defeat yet.

About the publisher: Posted on Washington's Blog on March 8, 2012 by WashingtonsBlog

Mike Shedlock, of Sitka Pacific Capital Management, on Capital Account with Lauren Lyster. Deflation topics discussed: Europe and the Eurozone breakup, gold, war.