This episode of The Invisible Hand features Part 1 of my recent interview with Christopher Knowles author of Our Gods Wear Spandex and The Complete X-Files, as well as the Editor of The Secret Sun, a website that analyzes ancient symbolism in modern society from a Jungian perspective.
Also, here are some of the news stories included in this edition of the podcast:
- The New York Post reports that Wikileaks and Julian Assange have made good on their threat to release thousands of potentially damaging secret military documents about the war in Afghanistan. 76,000 or so, to be more precise. 15,000 more are being held in reserve for future release, although it is suspected that this is actually being done at the request of White House officials, who were concerned that information in certain documents might endanger the lives of the troops.
The once-secret reports reveal the truth behind thousands of incidents where the number of civilian casualties and the circumstances of their deaths have been misrepresented in the official public reports. They also reveal what journalists have already known for a long time: that the ISI, Pakistan’s intelligence service, has been directly aiding the Taliban whilst simultaneously receiving billions of dollars of payoffs from the US for being our “allies” in the region. Former Army intelligence analyst Bradley Manning has been detained in Baghdad on suspicion that he is the source of the leaked documents. The Department of Defense says it will take weeks to assess the potential damage of the exposure.
- The leaky oil well in the Gulf of Mexico has been capped, and now ABC news reports that the millions of gallons of crude that leaked out has simply disappeared. Or, at least, clean-up crews are not finding as much of it on top of the water as they were before. They say that the slick on the surface has gone from the size of Kansas back down to the size of New Hampshire in just over a month. Skimmers have gone from picking up 25,000 barrels of oily water a week to just 200 barrels, and ABC says that they couldn’t see any surface oil when they recently flew over the site in a Coast Guard helicopter. A direct quote from ABC news reads: “experts say an astonishing amount of the oil has disappeared, reabsorbed into the environment.” ABC also quoted Professor Overton of Environmental Studies at Louisiana State University, saying “It’s mother nature doing her job.”
Towards the end of the article they finally mention that the chemical dispersants used by BP may have played a role, and admit that there is still oil beneath the surface. But we know from past reports from other news outlets that most of the oil is and always has been underneath the surface. Furthermore there have been complaints all along from environmental groups that the dispersants would merely break the oil down into smaller globules that could easily be breathed or swallowed by animals in the ocean, and that this would make it impossible to skim the oil out. Perhaps this is what they mean when they say that the oil has been absorbed by nature: through the gills and mouths of the sea life! Just a couple of weeks ago, the local news on WKRG in Alabama tested water samples on the beach and proved that even water that looks clear can actually contain a highly toxic level of petroleum that is invisible to the naked eye. So, as always, listen to the mainstream media at your own risk.
- In other news, among the many dirty tricks and hidden provisions tucked into the recently passed health care legislation is a provision requiring small business owners and self-employed people to report to the IRS all sales and purchases of goods and services exceeding $600 in any given year. This includes the purchase of gold and silver coins and bullion. The IRS suspects that tapping into this new reservoir of previously unreported income and expenditures will generate an extra $17 billion over the next 10 years. Yes — 17 BILLION DOLLARS … OVER 10 YEARS!
To put that number in perspective, in 2007, the war in Iraq alone was costing $720 million a day. So the tax revenue generated by forcing millions of Americans to sacrifice their valuable time, effort and money to keep track of meaningless minutia that heretofore nobody even bothered to write down will, over the next decade, accumulate enough to pay for about 23½ days of war in Iraq when calculated in 2007 dollars. Just today the Defense Department announced that just over half that amount, $8.7 billion dollars of Iraq development funds have mysteriously gone missing. The initial TARP bank bailout package was $700 billion, and has since grown to several trillion.
So is the collection of revenue in the form of US dollars even the real motivation behind this legislation? Diane Pinet of the Industry Council for Tangible Assets thinks the new rules will have a particular impact on the trade of precious metals. One gold buyer from Michigan told ABC news that he will now have to fill out 10,000-20,000 new tax forms per year because of this. Considering that the last major bankruptcy of the United States federal government in 1933 resulted in the seizing of all private gold assets by force, some commentators fear that a similar plan is afoot right now, and that this is the real purpose of generating all this new intelligence on who is buying and selling precious metals. It remains to be seen whether the American public will voluntarily comply.