Sunday, December 7, 2008

Thursday, December 4, 2008

Expect the Worst Recession Since WWII

) Expect the worst recession in the post-WWII era
First, this is going to be the worst recession in the post-World War II era, in our view. The ECRI leading indicator hit a record low for the fifth week in a row – down to - 29.2 as of the November 21st week versus -28.2 the week before. This index, which leads real GDP by two quarters with a 70% historical correlation, is getting further and further away from the prior all-time low of -19.8 that defined the worst recession of the post-WWII era and saw a six-quarter consumer recession coincide with a 45% peak-to-trough decline in the stock market. Perhaps the fact that this bear market is proving to be even more severe is symptomatic of an economic downturn that will also prove to be deeper and more prolonged. After the flurry of data released just before Thanksgiving, we are now tracking close to a 4.5% QoQ annualized fall in real GDP in 4Q. This would be the largest pullback since the 1982 recession, and we see a similar contraction in the first quarter of 2009.

2) Capex is in a steep decline
Second, capex is in a very steep decline right now. Durable goods orders dropped 6.2% in October, the third decline in a row. Over that time frame, orders have plunged at a 39% annual rate, which is unprecedented. The retrenchment has spread to the tech sector, where order books were expanding at a 7% annualized rate over the three months to June. Currently, that same three-month trend has swung to a negative 13% annualized rate.

3) Consumer spending down sharply; savings rate is soaring
Third, consumer spending fell 1% in October, which was a near-record decline. This, in fact, was the fourth straight monthly decline, which is unprecedented. The savings rate is soaring; it leapt to 2.4% from 1.0% in September, in a sign of heightened risk aversion and cash preservation, and is a shift that we believe should be seen as secular, not merely cyclical.

This was a conclusion that came through loud and clear in the Conference Board's Consumer Confidence Index, principally in the spending intention components of the survey. Auto buying plans dropped for the third month in a row to a record low in October while home-buying plans fell to their lowest level since the 1982 recession. Consumer plans to buy a major appliance fell to a 14-year low as well – down for three months in a row. During this four-month period of unprecedented consumer retrenchment from July to October, spending on discretionary items collapsed at an average annual rate of 18%. Even spending on groceries has declined 6%, toiletries are off by 6% and utilities are down 3%. So, even some of the classic staples are being curtailed.

The only areas that have posted increases in spending over this unprecedented four-month decline in spending have been pharmaceuticals (+7%), telecom services (+3%), medical care services (+5%) and mass transit (+26%) – all other forms of transportation, from rail to bus to air fell at a 19% annual rate.

4) Obama planning a $700 billion fiscal package
Fourth, we learned this week that President-elect Obama's economics team is planning a fiscal package as big as $700 billion over the next two years. We are going to wait for the details to see how this is going to impact our base case macro forecast. Suffice it to say that the cornerstone of the stimulus this time around will likely be infrastructure, not tax rebates. The key for investors is where these outlays will be concentrated, which, in turn, means identifying the areas of the capital stock that have been the most underinvested in recent years. After sifting through the data, we believe that the prime candidates will be hospitals, waste management services and passenger transit.

5) Housing market is not close to bottoming out
Fifth, we learned that the housing market is nowhere close to bottoming out. New home sales dropped 5.3% in November to a 433k annualized rate – the worst since the 1982 recession. Even though sales are now down 69% from the July 2005 bubble peak of 1.39 million units, we believe builders have not been aggressive enough in curbing production because the most critical variable of all, the unsold inventory backlog, rose to 11.1 months' supply from 10.9 in September.

Need to see inventory backlog drop to 8 months' supply

The reality is that even though single-family starts have dropped to 26-year lows of 531,000, they are still running 23% above the prevailing level of new home sales. The worst the inventory-sales ratio ever got in the early 1990s real estate meltdown was 9.4 months' supply. We are currently 18% above that level and almost 40% higher than the 8 months' supply we would need to see before calling an end to the housing deflation phase.

Another 15-20% decline in home prices likely from here

As we saw last week, the Case-Shiller index fell 1.85% MoM or at a 20% annual rate. All 20 cities were down both sequentially and YoY. Home prices are now down a remarkable 22% from the 2007 peaks. With the unsold inventory sitting at the third highest level of the past three decades and mortgage approvals for new home purchases falling to their lowest level in nine years, we believe the laws of supply and demand point to a further 15-20% decline from here. So, of all the things that happened last week in the market, retailing stocks up 17%, the bank stocks up 26%, tech up 9%, the one development that probably has the greatest chance of being reversed is the 60% surge we saw in the homebuilding group.

6) Fed has switched December meeting to a two-day affair
Sixth, we learned that the Fed is going to make the December FOMC meeting a two-day affair instead of one (December 15-16). The market is already sniffing out a 50 basis point rate cut. However, now that the Fed has de facto embarked on the process of quantitative easing, perhaps the need for a two day meeting is to iron out a more aggressive plan to revive the credit markets and the economy. The only areas that have posted increases in spending over this unprecedented four-month decline in spending have been pharmaceuticals (+7%), telecom services (+3%), medical care services (+5%) and mass transit (+26%) – all other forms of transportation, from rail to bus to air fell at a 19% annual rate.

As Chairman Bernanke suggested in several speeches he gave back in 2002 and 2003, one of the deflation-fighting strategies would likely involve Fed action to nurture lower rates at the longer end of the yield curve. Perhaps this prospect is behind the rally in the 10-year note yield and long bond to cycle lows. This would fit in very well with our ongoing strategy of focusing on equity sectors that have income-generating characteristics like utilities, health care and telecom services; these sectors also screen very well in a negative nominal GDP growth environment.

http://www.marketoracle.co.uk/Article7573.html

Deliberate Dumbing Down Of America: By Charlotte Thomson Iserbyt.




A WHISTLEBLOWER'S ACCOUNT

Charlotte Thomson Iserbyt, former Senior Policy Advisor in the U.S. Department of Education, blew the whistle in the `80s on government activities withheld from the public. Her inside knowledge will help you protect your children from controversial methods and programs. In this book you will discover:

*

-how good teachers across America have been forced to use controversial, non-academic me

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-how "school choice" is being used to further dangerous reform goals, and how home schooling and private education are especially vulnerable.

*

-how workforce training (school-to-work) is an essential part of an overall plan for a global economy, and how this plan will shortcircuit your child's future career plans and opportunities.

*

-how the international, national, regional, state and local agendas for education reform are all interconnected and have been for decades.


A CHRONOLOGICAL PAPER TRAIL

the deliberate dumbing down of america is a chronological history of the past 100+ years of education reform. Each chapter takes a period of history and recounts the significant events, including important geopolitical and societal contextual information. Citations from government plans, policy documents, and key writings by leading reformers record the rise of the modern education reform movement. Americans of all ages will welcome this riveting expose of what really happened to what was once the finest education system in the world.

Readers will appreciate the user-friendliness of this chronological history designed for the average reader not just the academician. This book will be used by citizens at public hearings, board meetings, or for easy presentation to elected officials.

Publication of the deliberate dumbing down of america is certain to add fuel to the fire in this nation's phonics wars. Iserbyt provides documentation that Direct Instruction, the latest education reform fad in the classroom, is being institutionalized under the guise of "traditional" phonics thanks to the passage of the unconstitutional Reading Excellence Act of 1998.

Tuesday, December 2, 2008

Funny Picture Of The Day

Washington Post warns of Martial Law




And, remember............this will be AFTER Obama is sworn in. I see "change" all right. The kind of change where your upset stomach turns into full blown, azz burning diarrhea. I hope everyone is prepared for Marshall Law...

Keeping in mind that Colin Powell, Joe Biden, and others stated that Obama would be "tested" with some sort of "crisis" soon after he is inaugurated.

They're also talking about a nuclear biological threat by 2013.




he U.S. military expects to have 20,000 uniformed troops inside the United States by 2011 trained to help state and local officials respond to a nuclear terrorist attack or other domestic catastrophe, according to Pentagon officials.

The long-planned shift in the Defense Department's role in homeland security was recently backed with funding and troop commitments after years of prodding by Congress and outside experts, defense analysts said.

There are critics of the change, in the military and among civil liberties groups and libertarians who express concern that the new homeland emphasis threatens to strain the military and possibly undermine the Posse Comitatus Act, a 130-year-old federal law restricting the military's role in domestic law enforcement.

But the Bush administration and some in Congress have pushed for a heightened homeland military role since the middle of this decade, saying the greatest domestic threat is terrorists exploiting the proliferation of weapons of mass destruction.

Before the terrorist attacks of Sept. 11, 2001, dedicating 20,000 troops to domestic response -- a nearly sevenfold increase in five years -- "would have been extraordinary to the point of unbelievable," Paul McHale, assistant defense secretary for homeland defense, said in remarks last month at the Center for Strategic and International Studies. But the realization that civilian authorities may be overwhelmed in a catastrophe prompted "a fundamental change in military culture," he said.
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The Pentagon's plan calls for three rapid-reaction forces to be ready for emergency response by September 2011. The first 4,700-person unit, built around an active-duty combat brigade based at Fort Stewart, Ga., was available as of Oct. 1, said Gen. Victor E. Renuart Jr., commander of the U.S. Northern Command.

If funding continues, two additional teams will join nearly 80 smaller National Guard and reserve units made up of about 6,000 troops in supporting local and state officials nationwide. All would be trained to respond to a domestic chemical, biological, radiological, nuclear, or high-yield explosive attack, or CBRNE event, as the military calls it.

Military preparations for a domestic weapon-of-mass-destruction attack have been underway since at least 1996, when the Marine Corps activated a 350-member chemical and biological incident response force and later based it in Indian Head, Md., a Washington suburb. Such efforts accelerated after the Sept. 11 attacks, and at the time Iraq was invaded in 2003, a Pentagon joint task force drew on 3,000 civil support personnel across the United States.

In 2005, a new Pentagon homeland defense strategy emphasized "preparing for multiple, simultaneous mass casualty incidents." National security threats were not limited to adversaries who seek to grind down U.S. combat forces abroad, McHale said, but also include those who "want to inflict such brutality on our society that we give up the fight," such as by detonating a nuclear bomb in a U.S. city.

In late 2007, Deputy Defense Secretary Gordon England signed a directive approving more than $556 million over five years to set up the three response teams, known as CBRNE Consequence Management Response Forces. Planners assume an incident could lead to thousands of casualties, more than 1 million evacuees and contamination of as many as 3,000 square miles, about the scope of damage Hurricane Katrina caused in 2005.

Last month, McHale said, authorities agreed to begin a $1.8 million pilot project funded by the Federal Emergency Management Agency through which civilian authorities in five states could tap military planners to develop disaster response plans. Hawaii, Massachusetts, South Carolina, Washington and West Virginia will each focus on a particular threat -- pandemic flu, a terrorist attack, hurricane, earthquake and catastrophic chemical release, respectively -- speeding up federal and state emergency planning begun in 2003.

Last Monday, Defense Secretary Robert M. Gates ordered defense officials to review whether the military, Guard and reserves can respond adequately to domestic disasters.

http://www.washingtonpost.com/wp-dyn/content/article/2008/11/30/AR2008113002217.html?hpid=topnews







he U.S. military expects to have 20,000 uniformed troops inside the United States by 2011 trained to help state and local officials respond to a nuclear terrorist attack or other domestic catastrophe, according to Pentagon officials.



The long-planned shift in the Defense Department's role in homeland security was recently backed with funding and troop commitments after years of prodding by Congress and outside experts, defense analysts said.



There are critics of the change, in the military and among civil liberties groups and libertarians who express concern that the new homeland emphasis threatens to strain the military and possibly undermine the Posse Comitatus Act, a 130-year-old federal law restricting the military's role in domestic law enforcement.



But the Bush administration and some in Congress have pushed for a heightened homeland military role since the middle of this decade, saying the greatest domestic threat is terrorists exploiting the proliferation of weapons of mass destruction.



Before the terrorist attacks of Sept. 11, 2001, dedicating 20,000 troops to domestic response -- a nearly sevenfold increase in five years -- "would have been extraordinary to the point of unbelievable," Paul McHale, assistant defense secretary for homeland defense, said in remarks last month at the Center for Strategic and International Studies. But the realization that civilian authorities may be overwhelmed in a catastrophe prompted "a fundamental change in military culture," he said.



The Pentagon's plan calls for three rapid-reaction forces to be ready for emergency response by September 2011. The first 4,700-person unit, built around an active-duty combat brigade based at Fort Stewart, Ga., was available as of Oct. 1, said Gen. Victor E. Renuart Jr., commander of the U.S. Northern Command.



If funding continues, two additional teams will join nearly 80 smaller National Guard and reserve units made up of about 6,000 troops in supporting local and state officials nationwide. All would be trained to respond to a domestic chemical, biological, radiological, nuclear, or high-yield explosive attack, or CBRNE event, as the military calls it.



Military preparations for a domestic weapon-of-mass-destruction attack have been underway since at least 1996, when the Marine Corps activated a 350-member chemical and biological incident response force and later based it in Indian Head, Md., a Washington suburb. Such efforts accelerated after the Sept. 11 attacks, and at the time Iraq was invaded in 2003, a Pentagon joint task force drew on 3,000 civil support personnel across the United States.



In 2005, a new Pentagon homeland defense strategy emphasized "preparing for multiple, simultaneous mass casualty incidents." National security threats were not limited to adversaries who seek to grind down U.S. combat forces abroad, McHale said, but also include those who "want to inflict such brutality on our society that we give up the fight," such as by detonating a nuclear bomb in a U.S. city.



In late 2007, Deputy Defense Secretary Gordon England signed a directive approving more than $556 million over five years to set up the three response teams, known as CBRNE Consequence Management Response Forces. Planners assume an incident could lead to thousands of casualties, more than 1 million evacuees and contamination of as many as 3,000 square miles, about the scope of damage Hurricane Katrina caused in 2005.



Last month, McHale said, authorities agreed to begin a $1.8 million pilot project funded by the Federal Emergency Management Agency through which civilian authorities in five states could tap military planners to develop disaster response plans. Hawaii, Massachusetts, South Carolina, Washington and West Virginia will each focus on a particular threat -- pandemic flu, a terrorist attack, hurricane, earthquake and catastrophic chemical release, respectively -- speeding up federal and state emergency planning begun in 2003.



Last Monday, Defense Secretary Robert M. Gates ordered defense officials to review whether the military, Guard and reserves can respond adequately to domestic disasters.



Gates gave commanders 25 days to propose changes and cost estimates. He cited the work of a congressionally chartered commission, which concluded in January that the Guard and reserve forces are not ready and that they lack equipment and training.



Bert B. Tussing, director of homeland defense and security issues at the U.S. Army War College's Center for Strategic Leadership, said the new Pentagon approach "breaks the mold" by assigning an active-duty combat brigade to the Northern Command for the first time. Until now, the military required the command to rely on troops requested from other sources.



"This is a genuine recognition that this [job] isn't something that you want to have a pickup team responsible for," said Tussing, who has assessed the military's homeland security strategies.



The American Civil Liberties Union and the libertarian Cato Institute are troubled by what they consider an expansion of executive authority.



Domestic emergency deployment may be "just the first example of a series of expansions in presidential and military authority," or even an increase in domestic surveillance, said Anna Christensen of the ACLU's National Security Project. And Cato Vice President Gene Healy warned of "a creeping militarization" of homeland security.



"There's a notion that whenever there's an important problem, that the thing to do is to call in the boys in green," Healy said, "and that's at odds with our long-standing tradition of being wary of the use of standing armies to keep the peace.

"

McHale stressed that the response units will be subject to the act, that only 8 percent of their personnel will be responsible for security and that their duties will be to protect the force, not other law enforcement. For decades, the military has assigned larger units to respond to civil disturbances, such as during the Los Angeles riot in 1992.



U.S. forces are already under heavy strain, however. The first reaction force is built around the Army's 3rd Infantry Division's 1st Brigade Combat Team, which returned in April after 15 months in Iraq. The team includes operations, aviation and medical task forces that are to be ready to deploy at home or overseas within 48 hours, with units specializing in chemical decontamination, bomb disposal, emergency care and logistics.



The one-year domestic mission, however, does not replace the brigade's next scheduled combat deployment in 2010. The brigade may get additional time in the United States to rest and regroup, compared with other combat units, but it may also face more training and operational requirements depending on its homeland security assignments.



Renuart said the Pentagon is accounting for the strain of fighting two wars, and the need for troops to spend time with their families. "We want to make sure the parameters are right for Iraq and Afghanistan," he said. The 1st Brigade's soldiers "will have some very aggressive training, but will also be home for much of that.

"

Although some Pentagon leaders initially expected to build the next two response units around combat teams, they are likely to be drawn mainly from reserves and the National Guard, such as the 218th Maneuver Enhancement Brigade from South Carolina, which returned in May after more than a year in Afghanistan.



Now that Pentagon strategy gives new priority to homeland security and calls for heavier reliance on the Guard and reserves, McHale said, Washington has to figure out how to pay for it.



"It's one thing to decide upon a course of action, and it's something else to make it happen," he said. "It's time to put our money where our mouth is.

Monday, December 1, 2008

IT's Officail, We're In A Recession.




By Barbara Hagenbaugh, USA TODAY
WASHINGTON — It's official: The USA is in a recession that started in December 2007.

The committee of economists responsible for determining the dates of business cycles said Monday that they met by conference call on Friday, Nov. 28 and "the committee determined that a peak in economic activity occurred in the U.S. economy in December 2007.

" The peak marks the end of the expansion that began in November 2001 and the beginning of a recession."

WHAT THE ECONOMISTS SAY: Read the press release
RATE CUTS WON'T BE ENOUGH: Bernanke says
PAULSON: U.S. considers other rescue programs

December 2007 is the last month in which U.S. employers added jobs. Since then, businesses have shed workers.
FIND MORE STORIES IN: Massachusetts | University of California | AmerisourceBergen Corp. | Berkeley | Cambridge | July-September | Institute for Supply Management | Conference Board | post-World War II | National Bureau of Economic Research | Martin Feldstein | Norbert Ore | Business Cycle Dating Committee

The responsibility for defining U.S. recessions falls to economists who are members of the Business Cycle Dating Committee at the private, non-profit National Bureau of Economic Ressearch in Cambridge, Mass. The organization has been dating business cycles since 1929 and first formed the all-volunteer committee 30 years ago.

While recessions are often described as two consecutive quarters of decline in economic output, that's not the official definition.

Instead, the panel looks at a multitude of economic data, including gross domestic product, income, employment, industrial production and retail sales. The economy contracted in the July-September quarter at the fastest pace in seven years.

Panel members include Robert Hall of Stanford University, Martin Feldstein and Jeffrey Frankel of Harvard University, Robert Gordon of Northwestern University, James Poterba of MIT, David Romer of the University of California, Berkeley, and Victor Zarnowitz of the Conference Board.

Private economists months ago shifted their focus from whether the economy was in a recession to how long the downturn will last and how deep the slump will be.

As bad news on the economy continues to pour in, those forecasts become more dire.

Monday, the Institute for Supply Management said its gauge of manufacturing activity fell in November to the lowest level in 26 years as measures of orders, production and jobs all fell.

The private group said its index fell to 36.2 last month, from 38.9 in October and 50 a year earlier. November's number was the lowest since May 1982, when the economy was in one of the longest post-World War II recessions.

A reading below 50 indicates contraction in the manufacturing sector; readings above 50 indicatge expansion. The gauge has been below 50 for four months.

"It's going to take a few months for most of these things to find a bottom," says Norbert Ore, who chairs the ISM manufacturing committee.

President Bush, expressing remorse that the global financial crisis has cost jobs and damaged retirement accounts, told ABC's "World News" in an interview that he will support additional federal intervention, if necessary, to ease the recession. The interview will air Monday night.


http://www.usatoday.com/money/economy/2008-12-01-recession-official_N.htm?loc=interstitialskip

National HIV/AIDS fraud day!

The very author of the first genetic map of retrovirus, professor Peter Duesberg from Berkeley University in California, a top expert in retrovirus, denouces that the AIDS theory is a scam and that retrovirus like HIV are harmless. Other world top scientific authorities in virology like Rubin and Strohman state the same and other even say the phantasmagoric HIV doesn't exist. AIDS is a religion for dumbs made by dumbs and broadcasted by dumbs...and believed by dumbs very dumbs the dumbests.

Dr. Luc Montagnier


(Virologist and alleged discoverer of the supposed HIV at the Pasteur Institute in Paris): "There are too many defficiencies in the theory about HIV as the cause of all the signs related to AIDS".

Dr. Kary B. Mullis


(Chemistry Nobel Prize in 1993 by inventing the PCR technique): "We couldn't find any good reason for which most people on Earth believes AIDS is a disease caused by a virus called HIV. Simply there is no scientific evidence somewhere that demonstrates that this is true".

Dr. Heinrich Kremer


(Chief Doctor of Clinic for young drugdependency in Berlin): “HIV is a virus which its genetic substance and proteins nobody has been able to isolate, therefore it doesn't exist. Thus it is just a - Label - that Big Pharma has wisely profited from it for an unjustified social fear.

Dr. Peter Duesberg


(retrovirólogo, candidato al Nóbel por su trabajo sobre oncogenes en virus y profesor de Biología Molecular y Celular de la Universidad de Berkeley, California): “El VIH es un virus inocuo e inofensivo como miles de virus más y no es la causa del SIDA".

Dra. Papadopoulos-Eleopulos


(bióloga del Royal Perth Hospital de Australia): “Las pruebas diagnósticas del SIDA no son reproducibles en laboratorio, por tanto nadie debería ser diagnosticado de SIDA“. Publicó en la revista Continuun, un ofrecimiento de 1000 libras a cualquiera que pudiera probar que el VIH ha sido aislado.

Dr. Stefan Lanka


(German virologist and genetist): "The AIDS virus doesn't exist".

Dr. Roberto S. Root-Bernstein-Bernstein


(Physiologist professor at the University of Michigan): "We have to reframe all the theory of AIDS because it doesn't sustain on any valid scientfic column".

Dr. Roger Cunningham


(Immunologist, microbiologist and director of Ernst Witsky Center at the University of New York State in Buffalo): "It seems to have formed a dirigent class that pretends to discourage all scientists that defies the AIDS dogma and insist in discredit any ideas from people who doesn't agree with such Dogma".

Prof. Richard Strohman


(Cellular Biology Professor at the University of California in Berkeley): "In ancient times it was mandatory that a scientist proved that his hypothesis was correct. Nowadays there is not such thing in the HIV-AIDS standard program, despite all its billions of dollars".

Dr. Serge Lang


(Mathematics Professor at the University of Yale): "I do not believe there is a causal relationship between HIV and any other known disease. I have seen a considerable number of statistics very misleading about HIV and AIDS that have been considered as scientifical. The heads of the scientific dirigent class have joined unfortunately, if not irresponsibly, to the mass media outlets spreading wrong information regarding to the nature of AIDS".

Dr. Harry Rubin


(Professor of Cellular and Molecular Biology of University of California in Berkeley): "It has not been proved that AIDS is caused by the infection of HIV".

Dr. Steven Jonas


(Preventive Medicine Professor from Suny Stony Brook, NY): "Evidences that the original theory of HIV is wrong are accumulating rapidly".

Dr. Harvey Bialy


(Molecular Biologist and Editor of Biotechnology): "HIV is an ordinary retrovirus. It is not true that this virus be special. All that is discovered about HIV has an analogue in other retroviruses that do not cause AIDS. HIV contains too little genetic information and there is not a way that can be made all theses elaborated things they say it does".

Dr. Gordon Stewart


(Professor of Public Health at the University of Glasgow): "AIDS is a multifactorial and conductivist disease caused by simultaneous tensions over the immune system like drugs, diseases of sexual transmission and multiple viral infections".

Dr. Charles Thomas


(Professor of Biochemistry at the Universities of Harvard and John Hopkins): "The HIV dogma that causes AIDS is the biggest and perhaps morally the most destructive fraud ever perpetrated in the western world".

Dr. Joseph Sonnabend


(Doctor from New York and founder of the American Foundation for the Investigation of AIDS - AmFAR -): "The commercialization of HIV through press releases and declarations, like a killer virus that causes HIV without the need the factors, have distorded both the research and the treatment, that has been able to cause thousands of people to suffer and die".

Dr. Etienne de Harven


(Professor of Pathology at the University of Toronto): "Dominated by the media outlets, by the pressure of special groups and the interests of pharmaceutical companies, the efforts established to control the disease have lost contact with the close revision and open mind of the medical science, since the never proven theory of HIV/AIDS received 100% of research funds, while all the other hypotheses were ignored".

Dr. Bernard Forscher


(Former editor of the U.S. Proceeding of the National Academy of Sciences): "The HIV/DOGMA is a scam that has become a fraud".

Medical-Scientifica Group Pro Reframing of AIDS: More than 10,000 professional scientists from around the worlds and all areas (virologists, epidemologists, molecular biologists, doctors from different specialities, mathematics and of course all the supposed affected by AIDS, lawyers, journalists and activists from numerous independent organizations in many countries), that by extension will make this work a truly phone guide, all these people disagree with the official theory about AIDS.

AIDS is an eugenesic theory without any support in reality and science to intill fear and ask for your money to have you forever terrified with the sexual transmission




http://www.cherada.com/articulos/aids-is-a-scam-more-than-10000-scientist-even-top-ones-like-duesberg-and-strohman-admit-it