September 2011, the month that was!
This month, September, has been a veritable cascade of events!
There was political intrigue and verbal fisticuffs, nations rolling in economic turmoil, once friendly allies bristling with claws and teeth, a despot dictator throwing caution to the wind as he spoke to an emptying hall, the memory of a tragedy and Mitt Romney’s death-ray eye-ball technique.
J.J. Abrams is probably at home, recalling September and kicking himself that he didn’t think of it first.
Come, run with me chronologically as we review the highlights of a month that brought us Autumn.
First of all, Greece
Way back in 2009, Greece produced a government budget that didn’t add up – flash-forward to this month and Greece is throwing back all the money that Germany can spare in the hope that it will become glutted and get back with the program. Meanwhile, the Euro slides almost off the charts – and we have other eurozone countries following suit – Ireland and Portugal being the first ones in the cue. Needless to say, all this commotion in the eurozone has made a devastating impact upon the US stock market as fears that a global recession is taking place.
Rick Perry shoots like a star and begins to plummet like a rock
Rick Perry thundered into the spotlight September 7th – and almost over night hijacked the fore-runner status from Mitt Romney. He continued to be in first place – but then started to slowly ab-sail down as his debate skills got put to the test by other candidates. Immigration, a vaccine, and George W. Bush’s accent sided against him. Rumours are he’s out of view studying up so that he can swing more punches in the up-coming October debate.
Herman Cain and his call sign 9-9-9 are moving on up (add funky beat here). The last polling had him at 14 percent and at 3rd place. He’s African American (making the Obama race card fall flat), NOT a career politician, very good at numbers, and a straight-speaking business man. He worked in the Navy as a service analyst, at Coca Cola as a business analyst and, according to the other candidates and public, is the most liked amongst the GOP runners. Obama’s plan is now 19-19-19, way after Cain’s 9-9-9. The question is this: is being liked enough good enough to make somebody the President of the USA?
According to the IBOPE Zogby Poll, September 24:
Harman Cain – 28% (also winner of the Florida straw poll Sept. 25th)
Rick Perry – 18%
Mitt Romney – 17%
At the end, the vast number of polls put Mitt Romney in the lead – but is the country ready for a Mormon President? That’s up to the voters – it’s good idea to read about Mormonism and what Mitt Romney believes, for instance, are they going to ban tea and coffee from the White House?
In September, President Barack Obama provided his job plan – telling Congress to pass his jobs plan immediately – besides the point that nobody had ever seen it. As for the president’s current job approval, on the dates September 19 to 25, 41% approve and 51% disapprove.
Israel, Palestinians, Pakistan and the US
The Palestine leader Mahmoud Abbas abandoned talks with Israel and decided to go direct to the United Nations to beg for a Palestinian state. The Palestinian state proposed is The West Bank, East Jerusalem and the Gaza Strip territories lost in the 1967 Mideast war to Israel. The pre-1967 borders are endorsed by Barack Obama and put Israel dangerously open to missile attacks by Hamas and other anti-Israeli insurgents. As a result, many US politicians say that the President has thrown Israel under the bus. The US is planning to veto the proposal in the UN if the proposal proceeds.
In other Mideast news, Pakistan and the US have had tense relations since the US killed Osama Bin Laden on Pakistani soil. The Pakistan Government stated that this was an attack on Pakistan’s sovereignty. The US Senate has voted to make 1 billion dollars of aid to Pakistan on certain conditions, providing that it takes military action against militant groups such as the Haqqani network.
Back in July, the US said it would withhold approximately $800 million in military aid to Pakistan – about a third of the US security aid it gives the country a year.
Correspondents said that the withheld aid was an attempt to force the Pakistan army to display its allegiance to the US rather than to possible ties with militant groups.
On the 22nd of September, the US ambassador in Islamabad spoke to the Pakistan state radio and said that there was evidence that the Pakistan’s government had links with the militants. His comments were just days after Washington stated that it could target the Haqqani network on Pakistani soil if the Pakistan army failed to take action against the militants.
According to the Pakistani authorities, there are no links with any military groups, and it warned the US that such claims “hurt ties” between the two countries.
Iran’s president Mahmoud Ahmadinejad had lots of offensive things to say during the United Nation’s conference on United States Soil on the 22nd. Tossing diplomatic relations into the ditch, Ahmadinejad decided to accuse the US of destroying the twin towers and state that the Holocaust never happened. Needless to say, most of the hall, led by the US delegates, left. Shortly after, Al Qaeda yelped back a report and defended its right to terrorism, decrying the Iran President speech and stating that they were definitely the culprits.
The US stock market across the month and The impact of the Federal reserve and who is this Federal reserve bank anyway?
The Federal Reserve – it is a private banking institute in which its major shareholders are private banks. It’s not owned by the government. None of its stock is owned by the Government. If the Federal reserve was in reality a federal agency, the government would be able to issue U.S. money directly, avoiding an unnecessary interest-bearing debt to its private banks who create the money out of thin air. The other benefits to taxpayers would mean that a truly “federal” Federal Reserve could lend the credit of the United States to the state and local governments completely without interest, cutting the cost of creating infrastructure in half and restoring the local economies that thrived in earlier decades.
On the 21st of September, this Federal Reserve gave a statement that included the words
significant downside risks, including strains in global financial markets.
And then a major frenzy of selling went on as all the investors freaked out. This Fed – who prints money, who has lost 9 trillion dollars supposedly, has so much power that it made the market totally slide with just a few words. Here is a actual video regarding the 9 trillion dollar loss.
Here’s the Dow Jones Index graph for September – Note the lowest being the 22nd – the day after The Federal Reserve delivered its statement on the economy.
Here’s the S&P 500 Index (in the red). It followed closely to the Dow.
A terror attack from an American averted
A man by the name of Rezwan Ferdaus was arrested on Wednesday the 28th, with accusations of a plot where he planned to blow up the Pentagon and the U.S. Capitol building using remote-controlled airplanes filled with the explosive C4, as well as attempting to assist Al Qaeda in attacking U.S. troops overseas. The report from the Department of Justice states that FBI undercover agents delivered what Ferdaus thought was 25 pounds of C-4 explosives, three grenades and six fully-automatic AK-47 assault weapons. The arrest took place after Ferdaus took the materials and locked them in a storage unit rented under a false name since June.
His plan consisted of using 3 remote-controlled aircraft to attack both the Pentagon and the U.S. Capitol, and also coordinating an operation consisting of 12 gunmen divided into 2 teams. He said that he was looking forward to gunning down politicians in the Capitol building.
Ferdaus, a 2008 graduate of Northeastern University with a degree in physics, is being accused of plotting since early 2010, bringing violent “jihad” against the U.S, who he described as “enemies of Allah.” He is a U.S. citizen, born and raised in Massachusetts, of Bangladeshi descent and has been living with his parents.
As you can see, a great deal happened in September. Will we be heading for a global recession, will we not, Is Obama’s job plain going to work, will Mitt Romney ever have a strand of hair out of place? We live in tumultuous times and only time will tell how the last three months of 2011 will play out.