12/30/10

WITNESS TO A “JUDICIAL LYNCHING,” CMDR CHARLES KERCHNER USN (RET) TALKS WITH ANDREA SHEA KING ABOUT THE LTC TERRY LAKIN TRIAL

By: Dave Logan
ThirdWaveDave

There are two kinds of soldiers at the U.S. Disciplinary Barracks at Fort Leavenworth, Kansas — the ones with no rank or pay, and those with keys.”

LTC Terry Lakin is in the former group. So, to the government, I suppose he’s now just Terry Lakin. Or worse, a number. Recently, LTC Lakin was sentenced to six months at Leavenworth for questioning an order to deploy overseas. That question was based on his fears that Obama was ineligible to hold the office of president. As a commissioned officer, Lakin’s duty is to carry-out only those orders that are legal, and to question those he thinks might be otherwise.

For doing his duty, Lakin lost his career as an army officer and physician, lost all benefits, lost all retirement, lost his freedom and for the time, lost his wife, children and extended family. But he did get a cell.

Cmdr Charles Kerchner was in the courtroom the day LTC Lakin was sentenced. After the verdict, Lakin invited Kerchner to the Lakin family home for dinner. That evening was Lakin’s last day of freedom before entering Leavenworth to begin serving out his sentence.

Cmdr Kerchner also fought long and hard with his own lawsuit in an attempt to get Obama, or a court, to settle the eligibility issue once and for all. He spent a fortune doing so, only to be rebuffed by SCOTUS without comment. Cmdr Kerchner has since directed his attention and support to LTC Lakin.

What Cmdr Kerchner witnessed during Lakin’s days in court was nothing short of a judicial lynching. It’s difficult to believe what took place in that courtroom… and you can read about it at The Radio Patriot, but I encourage you to tune to Andrea’s show this evening at 9 PM ET and hear it in Cmdr Kerchner’s own words.

You will be stunned. You will be discouraged. You will be ashamed. And after that, you will feel fear setting in.

THE ANDREA SHEA KING SHOW — 9 PM ET

12/30/10

Financial News Update – 12/30/10

North American Integration Back on the Front Burner‏‏ (Hat Tip: Jean Stoner)

Snowblind in Gotham

Sanitation Department’s slow snow cleanup was a budget protest

The Italian ‘I’ In PIIGS Is Starting To Show Signs Of A Real Debt Crisis

Winifred Jiau AKA “Wini” Arrested On Insider Trading Charges

MAP OF THE DAY: The Target Range Of China’s “Aircraft Carrier Killer” Missile

ROBERT SHILLER: If House Prices Keep Falling This Fast, The Economy Is Screwed

The Unsettling Mystery Of Japan’s Perpetual Debt Machine

Illinois’s Plan To ‘Balance’ The Budget: Borrow $15 Billion And Ignore $185 Billion Hole

GARY SHILLING: And Now House Prices Will Now Drop Another 20%

China Now Has A Missile U.S. Aircraft Carriers Can’t Defend Against

Internet groups fear UN could threaten web

VIDEO: Oil Could Push to $110

Home foreclosures jump

Obama bypasses Senate, appoints envoy to Syria

WASH POST STAFFER: Constitution Impossible to Understand Because It’s Over 100 Years Old

CLAIM: Obama’s Million Dollar Hawaiian Vacation: Costs to Taxpayers Detailed

EXTENDED STAY

ELDER: $5 Gas Predicted Under Obama — What, No Pitchforks?

Swiss franc hits record high vs dollar, euro, pound

UK union leaders predict surge in strike action next year

Cuba slashes state-subsidised soap

Berwick Sets Up Death Panels By Fiat

Ex Shell CEO: “I warned Obama in person about his policies in 2007” (Hat Tip: Jean Stoner)

Liberal Give ‘Til It Hurts (You)

Reid Hails Health Insurance Reform Initiatives That Become Effective January 1(BARF ALERT!) (Hat Tip: Jean Stoner)

Rationing Revealed at the Heart of Obamacare (Hat Tip: Jean Stoner)

Pimco: US Will Keep Reserve-Currency Status

Union Protest Killed New Born Child

Central Bankers Warn of Asset Bubbles

The Social Networking Buzz

Rattner Will Pay $10 Million in Restitution, Cuomo Says

Pending Sales of U.S. Existing Homes Rose 3.5% in November

Copper, Emerging Stocks Rise on China; Dollar Falls a Sixth Day

Jobless Claims in U.S. Fall to Lowest Level Since July 2008 – And the lies just keep on coming…

Venezuela Devalues Currency to 4.3 Bolivars Per Dollar

GE Leads $3 Trillion in Company Bond Sales as Yields Fall

Faber Says Long-Term U.S. Treasuries Are `Suicidal’ Investment

Eight Botched Environmental Forecasts

Audit Finds CDC Misplaced $8M in Equipment

So the Democrats Finally Want Fiscal Responsibility? Great. Let’s End Their Disastrous “War on Poverty” (Hat Tip: Nancy Jacques)

Food safety bill invokes Codex harmonization and grants FDA authority to police food safety of foreign nations

Which Is It, Mr. Murdoch: Recession, or Recovery?

Oil Industry’s Spending to Rise in Hunt for Energy (Hat Tip: Jean Stoner)

Black & Veatch: Power Generation to Rely More Heavily on Natural Gas (Hat Tip: Jean Stoner)

U.S. changes how it measures long-term unemployment (Hat Tip: Brian B.)

‘Super death panels’ on a ‘massive scale’ (Hat Tip: Brian B.)

Disgusting. Assailants File Complaint Against US Marine After Iraq War Vet & His Wife Were Brutally Beaten By Gang Members Outside Theater (Not financial – but horrific – 300 teens involved… )

NY City Workers Planned Their Slow Response to Record Snowfall As a Protest to Budget Cuts

Ahmadinejad: Iran Is Now a Nuclear State

Tom Friedman & NY Times Editors Ambush & Attack Israeli Diplomat

Christine O’Donnell Responds to Rehashed Rumors of Misuse of Funds By Liberal Media

It Begins… Angry Delayed Passengers Gangrush Counter at Cleveland Airport – Cops Called In (Video)

GREEN SCOTLAND Relies on French Nuclear Power During Deep Freeze

Adding Fuel to the Financial Fire. Deepening Crisis. Bogus Economic Statistics Used as a Coverup (Hat Tip: Jean Stoner)

Hiding A Depression: How The US Government Does It (Hat Tip: Jean Stoner)

‘NK Continues to Collect Rice for Army Due to Shortage’ (Hat Tip: Jean Stoner)

All Evidence Points To A Dramatic Increase In Food Prices Worldwide, Possible Shortages (Hat Tip: Jean Stoner)

In London, wheat prices rose to match prices in France and United States (Hat Tip: Jean Stoner)

What Caused this Gangbusters Commodity Boom? (Hat Tip: Jean Stoner)

Italian union calls for strike over Fiat/Chrysler deal (Hat Tip: Jean Stoner)

Canada Slashes Business Levies (to 16.5%) (Hat Tip: Jean Stoner)

Can the Government Stop Massive Insurance Rate Hikes? (Yes! Get rid of Obamacare and Obama himself) (Hat Tip: Jean Stoner)

ObamaCare knockout (Hat Tip: Jean Stoner)

17 National Debt Statistics Which Prove That We Have Sold Our Children And Grandchildren Into Perpetual Debt Slavery

NY Gov Calls for Probe After Workers Say Union Sabotaged Snow Removal

U.K. Unions Vow More Strikes

‘Shadow Fiscal Policy’: Profs Encourage America’s Wealthiest to Redistribute Tax Savings

Update: Farm Animals Get 80 Percent of Antibiotics Sold in U.S. (Hat Tip: Brian B.)

The Charts That Mattered Most In 2010

Another Blow For Autos: China Confirms Tax Hike On Car Purchases

DISASTER: Blizzard Captures $1 Billion In Precious Holiday Sales

Chaos In Cocoa As Uncertainty Reigns In Key Supply Country

Indian Textile Industry Begs Government To Ban Exports To Ease High Prices

Food inflation zips on high onion, fruits, eggs, meat prices (Hat Tip: Brian B.)

SurvivalBlog:

‘Doubling Up’ in Recession-Strained Quarters.

Bailed Out Banks on Brink of Bankruptcy — Again

Borrow Like There’s No Tomorrow

The Debt Countdown Begins

Rosenberg: Housing Double-Dip Straight Ahead

After Holiday Spree, Doubts About Economy Linger

Two Charts Which Tell The Whole Story

Open Interest In Silver Continues To Rise / Troubles In Major US Cities

Silver Is The Biggest Sleeper Of All

$500 Silver And Imminent Price Explosion

12/30/10

China Prepares for Armed Conflict “In Every Direction”

By: Trevor Loudon
New Zeal

From The Telegraph:

China is preparing for conflict ‘in every direction,’ the defense minister said on Wednesday in remarks that threaten to overshadow a visit to Beijing by his US counterpart next month.

“In the coming five years, our military will push forward preparations for military conflict in every strategic direction,” said Liang Guanglie in an interview published by several state-backed newspapers in China. “We may be living in peaceful times, but we can never forget war, never send the horses south or put the bayonets and guns away,” Mr. Liang added.

China repeatedly says it is planning a “peaceful rise” but the recent pace and scale of its military modernization has alarmed many of its neighbors in the Asia-Pacific, including Japan which described China’s military build-up as a “global concern” this month…

China also announced this month that it was preparing to launch its own aircraft carrier next year in a signal that China is determined to punch its weight as a rising superpower. The news came a year earlier than many US defense analysts had predicted.

What does Beijing know that Washington doesn’t?

12/30/10

China Has Carrier-Killer Missile

By: Trevor Loudon
New Zeal

From the Washington Times:

China’s military is deploying a new anti-ship ballistic missile that can sink U.S. aircraft carriers, a weapon that specialists say gives Beijing new power-projection capabilities that will affect U.S. support for its Pacific allies.

Adm. Robert F. Willard, commander of the U.S. Pacific Command, disclosed to a Japanese newspaper on Sunday that the new anti-ship ballistic missile (ASBM) is now in the early stages of deployment after having undergone extensive testing.

“An analogy using a Western term would be ‘initial operational capability (IOC),’ whereby I think China would perceive that it has an operational capability now, but they continue to develop it,” Adm. Willard told the Asahi Shimbun. “I would gauge it as about the equivalent of a U.S. system that has achieved IOC.”

The four-star admiral, who has been an outspoken skeptic of China’s claims that its large-scale military buildup is peaceful, said the U.S. deployment assessment is based on China’s press reports and continued testing.

Yep, now is the right time to reduce U.S. missile defenses.