M-Th, Nov 30-Dec 3, 2015, 9:30am-5pm. Evidentiary hearing for proposed sale of Hawaiian Electric Companies to NextEra. Blaisdell Center Hawaii Suites, Neal S. Blaisdell Center, 777 Ward Avenue, HNL. Details
After the devastating attacks on Syria by the U.S., the U.K. and their gang of allies in the transparently hypocritical name of spreading democracy, British Prime Minister David Cameron appears to be changing his tune and calling for peace in Syria rather than the U.K. and the E.U. taking in hordes of desperate refugees who are fleeing what has been turned into a hellhole. It remains to be seen what Cameron's definition of peace is, which may be different from what ordinary people visualize. (Bombs for peace?)
Russia Today introduction:
Published on Sep 2, 2015
Footage Courtesy: Michael Thomas
Amateur footage shows San Antonio police shooting and killing a man who appeared to have been unarmed with raised hands. Gilbert Flores, 41, died later in the hospital. The footage was recorded on a mobile phone by Michael Thomas, a college student who happened to be passing the scene with his car in San Antonio, Texas, when he witnessed the police shooting. READ MORE: http://on.rt.com/6qe8
About Brother Nathanael: Brother Nathanael grew up in the U.S. as a Jew and converted to Christianity as a young man. He is now a member of the Russian Orthodox Church and lives in Colorado.
Hawaii Political Info introduction: Alex Jones, who has a huge following, but is known to cover up for Jews, surprises by inviting David Duke, who constantly speaks about the strong connection of Jewry to our nation's problems. Alex's wife is Jewish, and a guest has said that Alex asked him not to mention any Jewish causes of our country's woes because he does business with Jews and a frank discussion would put that in jeopardy.
In the middle of the interview, Alex introduces one of his staff members, a young Jew who Alex says is his boss (!!?) and who doesn't like what David is saying, to debate David.
David's mic keeps getting cut, both when he is talking to Alex and to the young Jew.
It looks like the video of the interview has disappeared down the rabbit hole as far as Jones is concerned. It is not posted on his website, but you can see it below.
While on the program, David was invited back for another appearance, but considering that the original program is not on Alex's website, perhaps we shouldn't hold our breath.
The interview has gone viral on the Internet, and traffic to the David Duke website, Duke says, is way up as a result.
August 18, 2015
August 23, 2015
by Christopher Pala in Waimea
Pediatrician Carla Nelson remembers catching sight of the unusually pale newborn, then hearing an abnormal heartbeat through the stethoscope and thinking that something was terribly wrong.
The baby was born minutes before with a severe heart malformation that would require complex surgery. What worried her as she waited for the ambulance plane to take the infant from Waimea, on the island of Kauai, to the main children’s hospital in Honolulu, on another Hawaiian island, was that it was the fourth one shehad seen in three years.
In all of Waimea, there have been at least nine in five years, she says, shaking her head. That’s more than 10 times the national rate, according to analysis by local doctors.
Real Jew News
by Brother Nathanael Kapner
IT ALL STARTED with The Edict of Expulsion of 1290 AD.
The Jews would have us believe that their expulsion from England by Edward I (reigned 1272-1307) was due to their money lending endeavors. The real reason was due to the Jews’ crime of blood ritual murders.
The Orthodox Christian historian of the 5th Century, Socrates Scholasticus, in his Ecclesiastical History, 7:16, recounts an incident about Jews killing a Christian child:
The city of Honolulu refuses to sell surplus handguns even to its own police officers
NRA: America's 1st Freedom
by Mark Chesnut
August 17, 2015
In a near-perfect case study of how some politicians see guns as evil instruments no matter who owns them, the Honolulu Police Department and City of Honolulu have decided to destroy more than $500,000 worth of fully functional handguns (some of them brand new) instead of selling them to generate revenue for the city.
And just in case you think I’m exaggerating when I say “no matter who owns them,” consider this: The city won’t even allow police officers to purchase their old guns. According to reports, many HPD officers were willing to buy their old guns from the department, even going through a vendor for liability reasons—a practice that is common throughout the United States—but officials have refused.
The whole episode began when HPD decided to replace more than 2,300 of its current Smith & Wesson handguns with new Glock 17s. At the time, many police officers said that since the old guns still had value, they should not be thrown away or destroyed, but sold. In fact, about 200 of the guns are new and unused, still in their boxes.
by Keith Laing
Aug 19, 2015
British singer Morrissey said in an interview published on Wednesday that a Transportation Security Administration (TSA) officer "put his finger down my rear cleavage" during a recent trip from the San Francisco International Airport.
He said in an interview with Larry King published on Wednesday that the TSA worker touched him inappropriately after he had already been through one of the agency's X-ray machines.
August 23, 2015
By Paul Craig Roberts and Dave Kranzler
Are we witnessing the corruption of central banks? Are we observing the money-creating powers of central banks being used to drive up prices in the stock market for the benefit of the mega-rich?
These questions came to mind when we learned that the central bank of Switzerland, the Swiss National Bank, purchased 3,300,000 shares of Apple stock in the first quarter of this year, adding 500,000 shares in the second quarter. Smart money would have been selling, not buying.
It turns out that the Swiss central bank, in addition to its Apple stock, holds very large equity positions, ranging from $250,000,000 to $637,000,000, in numerous US corporations — Exxon Mobil, Microsoft, Google, Johnson & Johnson, General Electric, Procter & Gamble, Verizon, AT&T, Pfizer, Chevron, Merck, Facebook, Pepsico, Coca Cola, Disney, Valeant, IBM, Gilead, Amazon.
Among this list of the Swiss central bank’s holdings are stocks which are responsible for more than 100% of the year-to-date rise in the S&P 500 prior to the latest sell-off.
What is going on here?
The purpose of central banks was to serve as a “lender of last resort” to commercial banks faced with a run on the bank by depositors demanding cash withdrawals of their deposits.
Banks would call in loans in an effort to raise cash to pay off depositors. Businesses would fail, and the banks would fail from their inability to pay depositors their money on demand.
As time passed, this rationale for a central bank was made redundant by government deposit insurance for bank depositors, and central banks found additional functions for their existence. The Federal Reserve, for example, under the Humphrey-Hawkins Act, is responsible for maintaining full employment and low inflation. By the time this legislation was passed, the worsening “Phillips Curve tradeoffs” between inflation and employment had made the goals inconsistent. The result was the introduction by the Reagan administration of the supply-side economic policy that cured the simultaneously rising inflation and unemployment.
Neither the Federal Reserve’s charter nor the Humphrey-Hawkins Act says that the Federal Reserve is supposed to stabilize the stock market by purchasing stocks. The Federal Reserve is supposed to buy and sell bonds in open market operations in order to encourage employment with lower interest rates or to restrict inflation with higher interest rates.
If central banks purchase stocks in order to support equity prices, what is the point of having a stock market? The central bank’s ability to create money to support stock prices negates the price discovery function of the stock market.
The problem with central banks is that humans are fallible, including the chairman of the Federal Reserve Board and all the board members and staff. Nobel prize-winner Milton Friedman and Anna Schwartz established that the Great Depression was the consequence of the failure of the Federal Reserve to expand monetary policy sufficiently to offset the restriction of the money supply due to bank failure. When a bank failed in the pre-deposit insurance era, the money supply would shrink by the amount of the bank’s deposits. During the Great Depression, thousands of banks failed, wiping out the purchasing power of millions of Americans and the credit creating power of thousands of banks.
The Fed is prohibited from buying equities by the Federal Reserve Act. But an amendment in 2010 – Section 13(3) – was enacted to permit the Fed to buy AIG’s insolvent Maiden Lane assets. This amendment also created a loophole which enables the Fed to lend money to entities that can use the funds to buy stocks. Thus, the Swiss central bank could be operating as an agent of the Federal Reserve.
If central banks cannot properly conduct monetary policy, how can they conduct an equity policy? Some astute observers believe that the Swiss National Bank is acting as an agent for the Federal Reserve and purchases large blocs of US equities at critical times to arrest stock market declines that would puncture the propagandized belief that all is fine here in the US economy.
We know that the US government has a “plunge protection team” consisting of the US Treasury and Federal Reserve. The purpose of this team is to prevent unwanted stock market crashes.
Is the stock market decline of August 20-21 welcome or unwelcome?
At this point we do not know. In order to keep the dollar up, the basis of US power, the Federal Reserve has promised to raise interest rates, but always in the future. The latest future is next month. The belief that a hike in interest rates is in the cards keeps the US dollar from losing exchange value in relation to other currencies, thus preventing a flight from the dollar that would reduce the Uni-power to Third World status.
The Federal Reserve can say that the stock market decline indicates that the recovery is in doubt and requires more stimulus. The prospect of more liquidity could drive the stock market back up. As asset bubbles are in the way of the Fed’s policy, a decline in stock prices removes the equity market bubble and enables the Fed to print more money and start the process up again.
On the other hand, the stock market decline last Thursday and Friday could indicate that the players in the market have comprehended that the stock market is an artificially inflated bubble that has no real basis. Once the psychology is destroyed, flight sets in.
If flight turns out to be the case, it will be interesting to see if central bank liquidity and purchases of stocks can stop the rout.
Copyright © Paul Craig Roberts 2015
About Paul Craig Roberts
Paul Craig Roberts was Assistant Secretary of the Treasury for Economic Policy and associate editor of the Wall Street Journal. He was columnist for Business Week, Scripps Howard News Service, and Creators Syndicate. He has had many university appointments and his Internet columns have attracted a worldwide following. Roberts' latest books are The Failure of Laissez Faire Capitalism and Economic Dissolution of the West and How America Was Lost.