February 27th, 2012
CHARDON, Ohio -- Four students have been injured in a shooting this morning at Chardon High School.
According to the Geauga County Sheriff's office and the FBI, a suspect has been arrested. Scott Wilson of the FBI said that at this point they believe there was only one shooter, but the incident remains under investigation.
The youth who was arrested had fled the high school building, but was caught on Woodin Road in Chardon Township, a law officer said. The boy is being processed at the sheriff's office, according to reports about 9 a.m.
Both the sheriff's office and Wilson declined to provide further detail of the events that unfolded in the high school cafeteria about 7:45 a.m.
A local official said three boys and a girl were injured. Four ambulances -- from Chardon, Kirtland, Burton and Chesterland -- arrived at the school just after 8. Sources said three of the students were flown to the trauma center at MetroHealth Medical Center in Cleveland.
The school was immediately put on lockdown but parents are lined up near the campus now to pick up their children. Parents crowded outside the school said they started receiving text messages from children before 8.
Several students came out of the school in tears. Others came out in gym shorts, an indication of how suddenly the school day changed and the urgency with which the students were removed from the building.
"I'm just glad you're OK," one parent said to a student as they embraced.
The shooting happened in the cafeteria, according to a waiting parent, Jessica Bryant, whose freshman daughter, Allison, had seen it and texted her.
Parents were being told at 8:21 that it might not be safe to remain near the school. Maple Elementary school across the street was being evacuated.
Police are blocking streets near the school as they go through the building in search of the shooter. A teacher saw the shooting and chased the gun-wielder, who escaped, according to reports.
At 8:30, students were being evacuated from the school and are going to Maple Elementary. Many, scared, could be seen holding hands and crying.
Mother Darlene Judd said she had heard from her two sons, seniors Peter and Paul and was relieved for them but scared for the others. Chardon is "a tight-knit community," she said. "Everybvody knows everybody; everybody cares for everybody. Even though it's not your kid down, someone else's is."
Around 8:45, the Lake County SWAT team has arrived with two large vehicles.
Parent Jeannette Roth, who had heard from her son Joshua, a junior, said he told her the shooting happened while students were eating breakfast in the cafeteria and waiting for first period. Suddenly, a boy "stood up and started shooting, and then it was chaos."
Students fled and were locked into classrooms for safety.
February 27th, 2012
BLS note: That's just racist, is what you must have thought from the initial title and yet, here below in this video, you can clearly hear Obama specifically tout his Campaign for "African-Americans for Obama."
Does this man have no shame? Yo, what's up with that, homies?
Paul Joseph Watson
Friday, February 24, 2012
Imagine if Ron Paul announced a national campaign called ‘Whites for Ron Paul’ – he’d be vilified as a racist. And yet Barack Obama has done the equivalent of precisely that with his launch of ‘African Americans for Obama’.
The program urges black Americans to volunteer their time by making calls, organizing events and going door to door in their neighborhoods encouraging other African Americans to vote for Obama.
Not only is Obama playing the race card in an attempt to pressure black Americans into voting for him, he is also violating the separation between church and state. In the video promo for the campaign, Obama urges black people to pressure churches into supporting his administration by getting his message out via “the faith community”. He also calls on voters to become “congregation captains”.
Again, imagine what the reaction would be any of the Republican candidates launched a ‘Whites for Romney’, ‘Whites for Santorum’ or ‘Whites for Gingrich’ campaign. There would be non-stop uproar. But Obama does the equivalent and gets a free pass.
“I thought race didn’t matter Mr. President?” asks Chad Hasty. “I don’t think MLK would be too pleased with you at all. African-Americans for Obama? Give me a break. Under this President, more blacks are unemployed. More blacks are on food stamps. If I had to bet though, Obama will still pull 93% of the black vote. Again, just a wild guess.”
As part of his efforts to lock down the black community as a voting bloc, Obama has arrived in Florida accompanied by an invasion of rappers and NBA basketball stars – all at taxpayer expense.
“The group — which organizers said includes Magic Johnson, Alonzo Mourning and NBA Commissioner David Stern — will meet with President Obama for a $30,000-a-plate fundraiser at the (actual) home court of Dallas Mavericks guard Vince Carter in his Isleworth mansion,” reports the Orlando Sentinel.
The expensive fundraising trip is timed to coincide with Sunday’s 61st NBA All-Star Game at Orlando’s Amway Center.
An expensive new basketball shoe launched to capitalize on the event caused mayhem at a Florida mall last night. Riot police were called after crowds attempted to rush into a branch of Foot Locker to purchase the shoe before closing time.
Paul Joseph Watson is the editor and writer for Prison Planet.com. He is the author of Order Out Of Chaos. Watson is also a regular fill-in host for The Alex Jones Show and Infowars Nightly News.
February 27th, 2012
By Adam Shell, USA TODAY
NEW YORK – Behind the mainstream Wall Street happy talk about more stable financial markets and an improving economy are grim warnings of tough times ahead from a small cadre of doomsayers who warn that the worst of the financial crisis is still to come.
Harry Dent, author of the new book The Great Crash Ahead, says another stock market crash is coming due to a bad ending to the global debt bubble. He has pulled back on his earlier prediction of a crash in 2012, as central banks around the world have been flooding markets with money, giving stocks an artificial short-term boost. But a crash is coming in 2013 or 2014, he warns. "This will be a repeat of 2008-09, only bigger, when it finally hits," Dent told USA TODAY.
Gerald Celente, a trend forecaster at The Trends Research Institute, says Americans should brace themselves for an "economic 9/11" due to policymakers' inability to solve the world's financial and economic woes. The coming meltdown, he predicts, will lead to growing social unrest and anti-government sentiment, a U.S. dollar with far less purchasing power and more people out of work.
Celente won't rule out another financial panic that could spark enough fear to cause a run on the nation's banks by depositors. That risk could cause the government to invoke "economic martial law" and call a "bank holiday" and close banks as they did during the Great Depression.
"We see some kind of threat of that magnitude," Celente, publisher of The Trends Journal newsletter, warned in an interview.
Robert Prechter, author of Conquer the Crash, first published in 2002 and updated in 2009, is still bearish. He says today's economy has similarities to the Great Depression and warns that 1930s-style deflation is still poised to cause financial havoc. Prechter predicts that the major U.S. stock indexes, such as the Dow Jones industrials and Standard & Poor's 500, will plunge below their bear market lows hit in March 2009 during the last financial crisis. The brief recovery will fail as it did in the 1930s, he says.
2 very different viewpoints
If he's right, stocks would lose more than half of their value. "The economic recovery has been weak, so the next downturn should generate bad news in a big way," Prechter said in an e-mail interview. "For the third time in a dozen years, the stock market is in a very bearish position."
These dire forecasts differ sharply with the brighter outlooks being espoused by the bulls, or optimists, on Wall Street. Recent stock performance and fresh readings on the economy also suggest a future that is less gloomy than the doomsayers predict.
The Dow, for instance, is in rebound mode and has climbed back to levels not seen since the early days of the financial crisis in May 2008. Tech stocks in the Nasdaq composite are trading at levels last seen in 2000. Data on auto sales, manufacturing and consumer confidence have been firming. Job creation is also on the rise. The unemployment rate dipped to 8.3% in January, its lowest level in three years.
As a result, stock market strategists such as Rod Smyth of RiverFront Investment have been raising their outlooks for 2012. Smyth raised his target range for the S&P 500 to 1250-1500. If the market hits the top of the range, stocks would have risen 10%. Similarly, Brian Belski, strategist at Oppenheimer, recently said he remains comfortable with his year-end 2012 target of 1400. That's up 2.5% from here. Bespoke Investment Group published research that shows the market, which is closing in on a new bull market high, has done well in the past once it breaks through old highs.
Bulls are betting that Europe's banking system will be stabilized, minimizing the risk of a severe credit crisis. Bulls are also encouraged by recent data from around the world that show modest growth and a pickup in economic momentum.
The causes of economic calamity
So what has the super-bears so worried?
Dent says the combination of aging Baby Boomers exiting their big spending years and a shift toward debt reduction and austerity around the world will cause the economy to suffer another severe leg down, making it more difficult for the government and Federal Reserve to avert a new meltdown. He has not always been bearish. In 1993 he wrote The Great Boom Ahead.
Celente, who as far back as 2008 has been warning of economic calamity, argues that the ballooning debt and the growing divide between the haves and have-nots has put the U.S. in a weakened state.
As a result, he says, the nation is more vulnerable to potential shocks. He worries about potential chaos caused by people all trying to yank their money out of financial markets at the same time. He also sees risk in the event there is a loss of confidence in elected leaders.
Societal unrest in the form of street protests and increased crime are possible, too, he adds. Markets could also be spooked by an oil price shock due to a military conflict between Israel and Iran, or a bad outcome to Europe's debt crisis.
"2012 is when many of the long-simmering socioeconomic and political trends that we have been forecasting and tracking will climax," Celente noted in his Top 12 Trends 2012 newsletter. In an interview he added: "When money stops flowing to the man on the street, blood starts flowing in the street."
While bulls are urging investors to get back into stocks, the doomsayers are advising a far different strategy. Dent's investment advice is simple: "Get out of the way." He recommends buying short-term U.S. Treasury bills and the U.S. dollar, which will benefit from safe-haven cash flows. He says stocks will fall sharply in value.
Celente's advice centers on survival. He says buy gold so you don't lose purchasing power when the value of the dollar plummets. He says buy a gun to protect your family against desperate people in search of food and money. He says plan a getaway to places with more stable finances and governments.
Prechter says to keep your powder dry and buy when things get really bad: "When things get really scary, as in early 2009, I get bullish."
More from USATODAY
February 26th, 2012
The Government 'has run out of money' and cannot afford debt-fuelled tax cuts or extra spending, George Osborne has admitted.
In a stark warning ahead of next month’s Budget, the Chancellor said there was little the Coalition could do to stimulate the economy.
Mr Osborne made it clear that due to the parlous state of the public finances the best hope for economic growth was to encourage businesses to flourish and hire more workers.
“The British Government has run out of money because all the money was spent in the good years,” the Chancellor said. “The money and the investment and the jobs need to come from the private sector.”
Mr Osborne’s bleak assessment echoes that of Liam Byrne, the former chief secretary to the Treasury, who bluntly joked that Labour had left Britain broke when he exited the Government in 2010.
He left David Laws, his successor, a one-line note saying: “Dear Chief Secretary, I’m afraid to tell you there’s no money left”.
Mr Osborne is under severe pressure to boost growth, amid signs the economy is slipping back into a recession.
The Institute of Fiscal Studies has urged him to consider emergency tax cuts in the Budget to reduce the risk of a prolonged economic slump.
But the Chancellor yesterday said he would stand firm on his effort to balance the books by refusing to borrow money. “Any tax cut would have to be paid for,” Mr Osborne told Sky News. “In other words there would have to be a tax rise somewhere else or a spending reduction.
“In other words what we are not going to do in this Budget is borrow more money to either increase spending or cut taxes.”
The strongest suggestion of help for squeezed family budgets came from the Chancellor’s claim that he was “very seriously and carefully” considering plans to help lower earners by raising the personal allowance for income tax, a proposal that has been championed by Nick Clegg, the Deputy Prime Minister.
But he implied there would be no more help for motorists struggling with record petrol prices this spring. “I have taken action already this year to avoid increases in fuel duty which were planned by the last Labour government,” he said.
The Chancellor’s tough words were echoed by Liberal Democrat Jeremy Browne, the foreign minister, who warned that Britain faced “accelerated decline” without measures to tackle its debt and increase competitiveness.
In an article published today in The Daily Telegraph, he writes that Britain’s market share in the world used to be “dominant” but was now “in freefall” compared with the soaring economies of Asia and South America. “This situation has been becoming more acute for years,” he adds. “It is now staring us in the face. So we need to take action.”
Mr Browne writes that reform of pensions, welfare and defence is essential to stop the departments “collapsing under the weight of their own debt”. “Just because the spending was sometimes on worthy causes does not in itself mean it was affordable,” he says.
“Doing nothing when your prospects are at risk of declining is not the safe option. More of the same may be superficially more popular in the short-term but that does not make it right.”
Amid warnings that Britain urgently needed to adopt a more pro-business outlook, senior Conservatives have urged the Government to get rid of the 50 pence top rate of tax.
Figures from the Treasury last week suggested the policy was not raising the expected amount of revenue and was threatening to drive leading business people and entrepreneurs away from Britain. Dr Liam Fox, the former Conservative Defence Secretary, yesterday argued for the top tax rate to be scrapped, but added that cutting taxes on employment was even more important.
“I would have thought the priority was getting the costs of employers down and therefore I would rather have seen any reductions in taxation on employers’ taxation rather than personal taxation,” he told the BBC’s Sunday Politics show.
Any efforts to scrap the rate this parliament would face severe opposition from within the Coalition.
Simon Hughes, Liberal Democrat deputy leader, said yesterday that keeping the current 50p rate was “the right thing to do”. He told the BBC: “I represent people in a pretty solid working-class community. What they’re concerned about is what happens to ordinary people out of work and where they get jobs.”
Last night, Labour argued Mr Osborne needed to take a more proactive stance on boosting growth by increasing public spending.
Chris Leslie MP, the shadow Treasury minister, said it was wrong of the Chancellor to argue that Britain was broke and to rely on business alone to create economic growth.
“George Osborne can’t complacently wash his hands and claim the lack of jobs and growth in the economy is nothing to do with him,” he said.
“He needs to realise that government has a vital role to play in creating an environment where the private sector can grow and create jobs.”
Harriet Harman, Labour’s deputy leader, urged Mr Osborne to cut VAT.
Meanwhile, the Chancellor made it clear he was resisting pressure to hand over up to another £17.5billion in taxpayers’ money to help bail out struggling European Union countries.
He said Europe had not “shown the colour of its money” by taking measures to help itself tackle its debt problems.
Until that happens, Britain will not give any extra funds to the International Monetary Fund.
The Chancellor was speaking as finance ministers from the world’s 20 most powerful economies met in Mexico.
Mr Osborne said: “While at this G20 conference there are a lot of things to discuss; I don’t think you’re going to see any extra resources committed (to the IMF) here because eurozone countries have not committed additional resources themselves, and I think that quid pro quo will be clearly established here in Mexico City.”
February 26th, 2012
Clinton, Overseas, Doesn't Back Down from Obama Reelection Comments
Published February 26, 2012
Secretary of State Hillary Clinton suggested Sunday she may have been less than diplomatic when she told an audience in Tunisia to "not pay attention" to the rhetoric coming from the Republican presidential primary race. But she doesn't take back the gist of her comments.
Speaking Saturday in the first country to undergo the transformation of the "Arab Spring," the nation's top diplomat was answering a question from an audience member who asked how Arabs can trust candidates on both sides who "run toward the Zionist lobbies to get their support in the states. And afterward, once they are elected, they come to show their support for countries like Tunisia and Egypt."
Without addressing the audience member's question about supporting the Arab "enemy," Clinton, who was vanquished by Obama in the 2008 Democratic primary, said that Tunisians will learn as their democracy grows that "a lot of things are said in political campaigns that should not bear a lot of attention."
"There are comments made that certainly don't reflect the United States, don't reflect our foreign policy, don't reflect who we are as a people. I mean, if you go to the United States, you see mosques everywhere, you see Muslim-Americans everywhere. That's the fact. So I would not pay attention to the rhetoric," Clinton said.
She then added that the audience should "watch what President Obama says and does."
"He's our president. He represents all of the United States, and he will be reelected president, so I think that that will be a very clear signal to the entire world as to what our values are and what our president believes," she said, adding that she is sometimes "a little surprised that people around the world pay more attention to what is said in our political campaigns than most Americans."
"So I think you have to shut out some of the rhetoric and just focus on what we're doing and what we stand for, and particularly what our president represents," Clinton said.
Clinton, whose post is supposed to be non-political, acknowledged Sunday that her comments may have been overly exuberant.
"Probably my enthusiasm for the president got a little out of hand," Clinton told CNN when asked about the remarks, claiming that her remarks stem only from wanting what's best for the country.