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Monday, November 1, 2010

Ron Paul "We Have Only One Party! And They Fight Over Power & Influence!

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FBI preemptively prosecuting

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Did Obama Order British Authorities To Find Non-Existent Ink Bomb?

Paul Joseph Watson
Infowars.com
November 1, 2010
Did Obama Order British Authorities To Find Non Existent Ink Bomb? 011110top2
After having examined the suspicious ink toner device for six hours and found it to be a dud, bomb experts at East Midlands Airport only reversed their decision after being ordered to re-inspect the package by US authorities following President Obama’s Friday afternoon speech in which he claimed that the devices did in fact contain explosives.
This telling contradiction in the timeline of the cargo bomb plot fiasco proves that the story was being hyped and manipulated from the very early stages.
Obama was informed of the plot at 10:35PM eastern Thursday night, despite the fact that the East Midlands package was only first discovered roughly at the exact same time – 3:30am on Friday morning UK time. British Prime Minister David Cameron was kept firmly out of the loop – he was not informed until Friday afternoon.
How did Obama and his terror chief John Brennan know that the East Midlands package was an explosive device virtually at the same time bomb experts had only just discovered the device at East Midlands Airport and before they had even had the chance to analyze it?
A spokesman from the Metropolitan Police stated: “Following initial examination explosives officers were satisfied that the package presented no immediate danger.”
Authorities at East Midlands only reversed their earlier assessment after “(US) authorities urged the British to look again, a US official said,” reports the Nottingham Post.
So is it credible that bomb professionals whose expertise and training is focused around detecting explosives, failed to do so after a six hour sweep, only to change their minds after being ordered to look again by the US government?
What did Obama know and when did he know it? The timeline strongly indicates that US terror authorities knew about the East Midlands device before East Midlands bomb experts had even discovered it.
Police and bomb experts at East Midlands have refused to comment on the confusion.
In addition, it has come to light that the man responsible for tipping off Saudi authorities to the imminent plot, who subsequently informed US authorities, was Jabir al-Fayf, suspected by Yemen of being a double agent working for the Saudis.
Al-Fayf had infiltrated the Al-Qaeda group in Yemen who were behind the plot. Going on past evidence of how almost every terror scare was contrived with the aid of federal agents or their Al-Qaeda informants provocateuring the terror group into action, Al-Fayf was probably responsible for grooming the patsies, whose mental incompetence, as again is the case in most instances, prevented them from building sophisticated enough bombs to be successful.
However, despite the fact that authorities not only in the UK but also in the cases of the Newark and Pittsburgh packages, initially gave the “all clear,” according to CNN, Obama, having already been informed of the plot the night before, simply contradicted the very experts who had dismissed the devices as duds, claiming the packages contained explosives. This soon mushroomed into a media scaremongering blitz about powerful explosives that could have knocked dozens of planes out of the sky.
The contrived series of events has been swiftly exploited as a means of intensifying US attacks on Yemen, which was instantly blamed as the source of the alleged attack, despite a female student who was arrested as the prime culprit later being released after it became clear she was the victim of a “set-up,” according to her lawyer.
Two Wall Street Journal articles today make it plain that the Obama administration will use the incident to justify further military incursions into Yemen while beefing the CIA’s power to control secret “elite U.S. hunter-killer teams” that operate in foreign countries.
In a report entitled Package Bombs Help U.S. Defense in Cleric Case, the WSJ discusses how the alleged role of American cleric Anwar al Awlaki in the plot, who as we have documented is a CIA stooge who met with Pentagon officials shortly after 9/11 despite being fingered as the spiritual guru of the very hijackers who slammed Flight 77 into the Pentagon, will aid the US in its plans to launch military operations in Yemen.
In another report entitled Yemen Covert Role Pushed – Foiled Bomb Plot Heightens Talk of Putting Elite U.S. Squads in CIA Hands, Julian E. Barnes and Adam Entous explain how the plot – supposedly masterminded by someone on the CIA payroll – will enable the Obama administration to shift “more operational control to the CIA” in its mission to violate the sovereignty of more nations in the name of the war on terror.
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 fill-in host for The Alex Jones Show. Watson has been interviewed by many publications and radio shows, including Vanity Fair and Coast to Coast AM, America’s most listened to late night talk show.



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CIA Stooge Awlaki Prime Suspect Behind Plane Bomb Plot

Paul Joseph Watson
Infowars.com
November 1, 2010
CIA Stooge Awlaki Prime Suspect Behind Plane Bomb Plot 011110top
The revelation that CIA stooge Anwar al-Awlaki, the Al-Qaeda leader who once dined with Pentagon top brass, is the supposed mastermind behind last week’s plane bomb plot, adds yet more weight to the already overwhelming evidence that the whole charade is another contrived false flag to both boost Barack Obama’s domestic and geopolitical agenda, while crushing the growing resistance against invasive airport security measures.
According to the London Guardian, Awlaki is now the “prime suspect” in the cargo plane bomb plot. He is also fingered as the mastermind by BBC News, and the London Telegraph amongst others. The man who allegedly made the ink toner cartridges that were later claimed to be deadly explosive devices was Saudi Arabian-born Ibrahim Hassan Al Asiri. Al Asiri is “in regular contact in Yemen with radical cleric Anwar Awlaki,” reports the Daily Mail.
As we reported last month, every indication points to American-born cleric Awlaki being a double agent working for US intelligence. He has been involved in almost every terror plot over the last couple of years, from directing the underwear bomber, who was allowed to board the plane by order of the US State Department aided by a well-dressed man who got Abdulmutallab on the airliner despite the fact that he was on a terror watchlist and had no passport, to advising Fort Hood shooter Major Nidal Malik Hasan. Authorities have engaged in a cover-up of what happened at Fort Hood after they ordered Private Lance Aviles to delete cell phone footage of the attack.
Awlaki was also the spiritual leader of the alleged 9/11 hijackers, a fact that didn’t seem to concern Pentagon top brass who invited him to dine with them just months after the September 11 attacks despite the fact that he had personally colluded with the very hijackers who were alleged to have slammed Flight 77 into the Pentagon.
The US Special Operations Command’s Able Danger program identified the hijackers and their accomplices long before 9/11, and would undoubtedly have also picked up Awlaki.
As Webster Tarpley has documented, Awlaki is “an intelligence agency operative and patsy-minder” and “one of the premier terror impresarios of the age operating under Islamic fundamentalist cover” whose job it is to “motivate and encourage groups of mentally impaired and suggestible young dupes who were entrapped into “terrorist plots” by busy FBI and Canadian RCMP agents during recent years.”
Any Awlaki connection to the latest alleged bomb plot is therefore a huge smoking gun that the entire story, as every other piece of evidence also indicates, is a manufactured political ploy.
In the rush to pin the blame on US geopolitical target Yemen, a Yemeni female student was hastily fingered as the perpetrator, a “set-up” according to her lawyer, and she was quickly released. Indeed, according to Mohammed al-Shaibah, Air Cargo Director for Yemenia Airways, “there is no evidence to prove that this package came through Yemen.” He said there were no UPS or DHL cargo flights from Yemen within a 48 hour period prior to the supposed terror attack.
In addition, the United Arab Emirates’ Civil Aviation Authority rejected claims by US authorities that Flight 201 from Dubai contained any suspicious packages. “The Emirates plane that arrived today in the United States from Dubai did not contain any packages from Yemen,” the official Emirati WAM news agency quoted an unnamed source with the country’s civil aviation body as saying.
Authorities in the UK initially confirmed that the package found on a plane at East Midlands Airport was an ink toner cartridge and contained no evidence of explosives. Similarly, CNN first reported that, “Investigators examined two UPS planes that landed at Philadelphia International Airport and another at Newark Liberty International Airport in New Jersey, said Mike Mangeot, a UPS spokesman. Authorities later gave the “all-clear” at the airport in Newark, U.S. and U.K. officials said.” However, within hours President Obama gave a speech claiming the packages did contain evidence of explosives.
Within the space of 24 hours, the story was completely reversed and inflated into a massive terror plot involving dozens of suspect packages supposedly bound for synagogues in Chicago. How could packages that after being tested for explosives were labeled duds suddenly become ‘massive and powerful explosive devices’? This proves that the story was manipulated at an early stage so that it could be feverishly overblown and exploited for political purposes, just as a number of contrived terror alerts were issued for political gain by the Bush administration, as former Homeland Security chief Tom Ridge admitted.
The new plot’s supposed similarities to the Christmas Day attempt further cements this view. As we have documented, every single scrap of evidence regarding the underwear bomber plot has “false flag” written all over it, from the US government allowing Abdulmutallab to board the plane, to Abdulmutallab’s own patsy-like behavior suggesting he wasn’t even fully aware of his role, to FBI intimidation of eyewitnesses on the plane who reported events that contradicted the official story. The Christmas Day incident was hastily exploited to push naked body scanners which have proved to be a financial windfall for the same individuals who are now hyping this new plot as another reason for more expensive and invasive security measures at airports.
The plane bomb plot and how it has been swiftly exploited fulfills at least three political objectives.
1) Occurring less than a handful of days before what has been dubbed one of the most important mid-term elections for decades, the attack will serve to entice undecided voters back under the illusion of big government as protector, potentially saving a few key establishment Democrats their seats in the House and Senate. The fact that Obama completely reversed the initial announcements of security officials to claim that the ink toner cartridges did in fact contain explosives is a key indication that the White House is over hyping the story for political gain.
2) Resistance to stifling and pointless airport security measures has reached fever pitch in recent months, with naked body scanners taking flak from all sides as they are routinely abused.Dozens of countries are refusing to sign a binding agreement proposed by the Department of Homeland Security to mandate the use of the scanners globally. The backlash culminated in British Airways Chairman Martin Broughton attacking US authorities for the continuation of “completely redundant” airport security checks. These security checks are only going to become more invasive as a result of this staged event.
3) Blaming Yemen as the origin of the plot allows the US military-industrial complex to intensify drone attacks on a country that has become one of the prime targets for the next phase of the contrived war on terror. Just a day after the plane bomb charade, the New York Times aggressively pushed for more attacks on the country, citing the presence of CIA stooge Awlaki as a reason for doing so.
We are once again being manipulated and brainwashed into accepting draconian security measures through fear and lies. Only by exposing the fact that this chain of events was yet another false flag attack on the psyche of the American people and people globally can we hope to identify the real terrorists, those in positions of power, who are continually hyping the threat of terror to change our society for the worse.
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 fill-in host for The Alex Jones Show. Watson has been interviewed by many publications and radio shows, including Vanity Fair and Coast to Coast AM, America’s most listened to late night talk show.



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Toner Bomb Plot Used to Empower CIA

Kurt Nimmo
Infowars.com
November 1, 2010
In addition to adding new urgency and a fresh dose of hysteria to the flagging war on manufactured terror, the toner bomb plot has provided an excuse to rationalize the global reach of the CIA.
“Officials said support was growing both within the military and the administration for shifting more operational control to the CIA — a move that would allow the U.S. to strike suspected terrorist targets unilaterally with greater stealth and speed,” reports the Wall Street Journaltoday. “Allowing the U.S. military’s Special Operations Command units to operate under the CIA would give the U.S. greater leeway to strike at militants even without the explicit blessing of the Yemeni government,” or the American people who, as usual, remain woefully uninformed.




Corporate media does its part to justify expanding war on terror into Yemen.
The United States Special Operations Command (USSOCOM) conducts several covert and clandestine missions, such as unconventional warfare, foreign internal defense, special reconnaissance, psychological operations, direct action, counter-terrorism and war on drugs operations.
Exploiting the obviously contrived Yemen toner bomb plot (see Paul Watson’s article today) as an excuse to shift more operational control to an unaccountable CIA would reduce conflict between the CIA’s National Clandestine Service and the more clandestine parts of USSOCOM. It would also consolidate operations.
Moreover, a commissioned Pentagon study revealed that such a move would allow the CIA to maintain its covert capability and be the “sole government agency conducting covert action.” The DoD found that under U.S. law and the Constitution it does not have the legal authority to conduct covert action, nor the “operational agility” to carry out these types of missions.
Since the creation of the National Security State in the late 1940s, the CIA has used covert operations to consistently overthrow governments and install favored actors in power. “Covert action should not be confused with missionary work,” said Henry Kissinger in 1975 after the U.S. government betrayed the Kurds of Iraq.
In the 1980s, former CIA agent John Stockwell estimated that the agency has run thousands of covert operations since its inception, “all designed to disrupt, destabilize, or modify the activities of other countries.”
We are told the Obama administration is behind the effort to put the CIA’s “elite U.S. hunter-killer teams that operate secretly” inside Yemen, but the effort transcends any perceived rule by the teleprompter reader in chief.
As author John Prados notes, the CIA does not answer to the president or Congress. “Covert action has never been under complete presidential control, even as presidents have total authority to order it,” he writes. Under the 1947 National Security Act, the CIA remains beyond Article I, Section 8 of the Constitution that expressly reserves to Congress, not the president, the right to give letters of marque, the eighteenth-century equivalent of grants of combatant status.
Since September 11, 2001, U.S. foreign policy has shifted further into covert and illegal action in violation of the Constitution. Under Obama, the CIA has ramped up the covert war against CIA-ISI created elements inside Pakistan, an effort begun in earnest during the Bush regime.
In late October, Agence France-Presse reported that the CIA had authorized “officers and special operations military trainers to enter the country to intensify pressure” on “militants” created and supported through a collaboration between U.S. and Pakistani intelligence, although this is rarely if ever noted by the corporate media.
“The number of CIA personnel in Pakistan has grown substantially in recent years, [the Wall Street Journal] said. But the exact number is highly classified…. A senior Pakistani official said relations with the CIA remain strong but Islamabad continues to oppose a large increase in the number of American personnel on the ground.”
Since the staged underwear non-bombing last Christmas, the U.S. has steadily increased its military presence in Yemen and the Arabian peninsula under the guise of fighting against al-Qaeda and specifically the operative Anwar al-Awlaki, the U.S. born cleric designated by the government and the corporate media as the senior leader of al-Qaeda in the Arabian Peninsula.
“The U.S. military accelerated strikes against Yemen-based Al Qaeda in the Arabian Peninsula following December’s failed attempt by the group to blow up a Detroit-bound American airliner. Since last December, the U.S. military has carried out a series of missile strikes on alleged al Qaeda operatives in Yemen. All of the strikes were approved by Washington’s ambassador to Sana’a,” the Journal reports.
The newly formed Yemeni branch of the intelligence contrivance known as al-Qaeda will continue its campaign of absurd non-bombings and will release propaganda videos featuring a raft of scary turban-donning “militants” on cue as the United States ramps up its military involvement in the Middle East, Central Asia, and Africa.
In the days ahead, as the mid-term election plays out with predictable results (as a highly controlled and orchestrated event), the manufactured terror threat that is not a terror threat will continue to dominate headlines. It is wholly irrelevant if the Republicans or Democrats control the House and Senate.
Regardless of who wins at the game of congressional musical chairs, the effort to exploit the manufactured war on terror will continue unabated and expand its reach into new fertile territory as the globalists attempt to extend their reach and seek to accomplish order through murderous chaos.




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The Cult Of Obama Crashes And Burns

The hope has gone, the change never came – now people are just pissed off
Steve Watson
Prisonplanet.comMonday, Nov 1st, 2010
The image of one man begging on his knees as Obama’s convoy pulls away from a restaurant in Chicago yesterday speaks volumes about how far the man’s status has fallen in the eyes of everyday Americans.
The Cult Of Obama Crashes And Burns Facing a midterm election defeat unparalleled by any other in history, Obama’s fall from grace represents the stark reality that the people are fuming that they allowed themselves to be sold on empty promises and outright lies.
Today at an indoor arena in Cleveland, Obama spoke to 8,000 people during campaigning at the Democratic National Committee’s Moving America Forward’ rally. The arena’s capacity is 13,000 – meaning it was little more than half full.
The teleprompter reading biological android is limiting himself to campaigning only within the safe blue states and on the Daily Show. He has not even attempted to campaign in Kentucky, West Virginia or Colorado, where the races are close, presumably for fear of tipping them in favor of the opposition.
As political analyst Toby Harnden points out:
The irony of Obama being the blue-state president is acute. Back in 2004, the then state senator shot to international attention by mocking the pundits who “like to slice and dice our country into red states and blue States”.
The hope has gone, the change never came – now people are just pissed off.
Over the weekend Obama got himself caught up in a long and protracted argument with hecklers during a speech in Connecticut. The president visibly lost his temper as the crowd started to boo and hiss around him. The only way down from here for Obama comes in the form of rotten cabbages.
Two years into the Obama presidency, angry and downtrodden Americans are waking up everyday wondering whether by the end of it they will still have a job and a house, and they are about to show the incumbents in Washington and the world how angry they really are – compare those harsh facts to the head in the sand sheep mentality of just 24 months ago:


Obama’s approval ratings continue to touch on all time lows, according to national polls.
Even Obama’s own supporters have turned on him.
A recent Bloomberg poll noted that more than 4 in 10 voters who say they once considered themselves Obama backers now are either less supportive or say they no longer support the President at all.
Meanwhile a new AP-Knowledge Networks poll finds that 47% of Democrats think Obama should be challenged for the 2012 Democratic presidential nomination in a primary.
There have even been rumours of “senior personalities” in the Democratic Party having discussed with Obama’s advisers the possibility of him not running for re-election in 2012.
Should he attempt it, members of his own administration have even reportedly raised the possibility of legal action to remove Obama from the presidency via the 25th amendment.
Republicans are likely to make gains during the midterms, but not significant gains. This highlights the fact that the general public is beginning to realise that they have been trapped firmly within the false left/right political paradigm and they need to break out of it, for the sake of their families, their livelihoods and their country.
——————————————–
Steve Watson is the London based writer and editor at Alex Jones’ Infowars.net, and regular contributor to Prisonplanet.com. He has a Masters Degree in International Relations from the School of Politics at The University of Nottingham in England.



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State Elections: Where you can make a difference

Rob Dew
Infowars.com
November 1, 2010
Tomorrow the reigns of power will move to new masters. Will these changes be a step towards liberty and the rule of law or will we continue on increasing our slide toward tyranny and a Big Brother superstate? In my opinion state elections, which are often overlooked, can have the biggest impact on our day to day lives. For this election I decided to look up who is running for State Rep. in my districts in Austin Texas.
obamalights.jpg
In district 47, incumbentValinda Bolton (DEM) is running against Paul Workman(REP) and Kris Bailey (LIB). After looking at the three candidate websites and reading a local newspaper article, I would like to see Kris Bailey win the State Representative District 47 seat. He is against toll roads and for decriminalization of marijuana, two issues that neither of his opponents addressed (which usually means they are for the status quo). Kris Bailey also said that both Democrats and Republicans are for big government and more laws, something he is against. Check out his website, he is aware of the perils of overtaxation and big government. My pick for District 47, Kris Bailey (LIB)
Next is District 49 where incumbent Elliott Naishtat (DEM) is challenged by Nathan Kleffman(LIB) whose campaign slogan is “Extremism in the Defense of Liberty is No Vice.” Once again, I am voting Libertarian. The incumbent has held his office since the since late last century and is attorney. I believe attorneys have no place in politics as they are adept at writing loopholes and egregiously large legislation.
My pick for District 49 Nathan Kleffman (LIB)
The final race for State Rep is District 51 is another three way race between incumbent Eddie Rodriguez (DEM), Marilyn Jackson (REP) and Arthur DiBianca (LIB). The incumbent Eddie (GO GREEN) Rodriguez has bought the Carbon Nazi propaganda hook, line and sinker, expect him to be a proponent of smart meters, carbon footprints, and other business stifling legislation in an effort to protect us from what plants breathe. Marilyn Jackson’s number one platform is the elimination of property taxes. She is in the best position to take the district 51 seat from Rodriguez based on funding. Arthur DiBianca is a Libertarian and is the only candidate to demonstrate 100% courage based on the Vote Smart candidate issue test. On the other hand, Vote Smart says that “Representative Eddie R. Rodríguez refused to tell citizens where he/she stands on any of the issues addressed in the 2010 Political Courage Test, despite repeated requests from Vote Smart, national media, and prominent political leaders.”
It’s a toss up in but in 2008 Mr. DiBianca took 10.8% of the vote and he is my pick for State Rep in District 51.
I urge voters out there to take a look at your state representatives race. Visit their websites, read up on the issues to see where they stand. The State Sovereignty movement will go nowhere unless we have the representatives who are educated and pro states’ rights.
Lately I have been reading and educating myself on what I eat and where it comes from. GMO food has no basis in our diet and those that think this type of food is ok are giving license to the Monsanto’s of this world to change the planet’s genetic code so we can have tomatoes that never rot, and super-sized cross bread salmon-inscetoids swimming in our rivers. Please read Seeds of Deception byJeffery Smith and educate yourself on what the mad scientists of food are up to. Here is a statement sent to INFOWARS from Texas Agriculture Commissioner candidate Rick Donaldson:
The entire food system in America is being contaminated from the bioterroristic activities being perpetrated by companies such as Monsanto, Bayer, DuPont and others with their genetic modifications of seeds that are engineered with chemicals, insecticides, and animal DNA to help maximize profits for their patent holders.
GMO is creating new health risks for animals and humans throughout the world, with the worst being found in India. Yet, In America, the problems are being downplayed and called “allergies” and “gluten intolerance”, since the doctors cannot really figure it out, or, are being prohibited, because of current licensing and contractual obligations, from speaking out.
As Texas Agriculture Commissioner, it is my job to certify the quality of seeds being sold and distributed for planting, as well as certification of the efficacy and safety of any and all chemicals being sold for use in Texas. When I worked for Chemlawn Corporation, and saw firsthand how the non toxic chemicals are really toxic to both humans and animals. I’ve seen how foods being grown can have residues left on them, even after a good washing, before distribution into the food chain.
My main desire for Texas is to remove all of the afore mentioned products from the grocery shelves and any other place they can be found, to protect Texans, and ultimately Americans from the repercussions being found in the hospitals of America.
Frankenfish, from Aquatechnology is another bad product that I am currently averse to, as well.
I believe it is the job of the Agriculture Commissioner to maintain the safety of ALL things agriculture within the borders of Texas.
I believe it is incumbent on the Agriculture Commissioner to fight back against all intrusions of the FDA, USDA, EPA, and all of the alphabet agencies not authorized by Article 1 section 8 of the U.S. Constitution.
I believe that the Agriculture Commissioner has the authority of the people using the  Texas Constitution, at article 1 section 2, to push the federal government out of the State of Texas for the benefit of all of the people of Texas.
I believe it is beyond the time necessary for those elected to ‘support and defend’ the Constitution of the United States and Texas to stand up for those who would elect them to office, rather than be the lapdogs of the internationalists, whether they be from the IMF, corporations, or the U.N.
I believe I will have a long row to hoe, after being elected by the people of the State of Texas.
I know I will be a target that will need to be neutralized from the GMO manufacturers and Blackwater when elected.
I believe that with the people and the Almighty Creator on our side, ALL things are possible.
Texas Agriculture Commissioner Candidate , Libertarian
The incumbent Todd Staples makes no mention of GMO foods, therefore is probably ok with you sitting down to nice dinner of RoundUp Ready Corn Fed Steak.
Know what you eat, and educate yourself on local and state elections and vote on Tuesday.



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Habitable Hotspots on Mars? Volcano Vents May Be Signs

Charles Q. Choi
SPACE.com

The residue of hydrothermal vents on the flanks of a volcano on Mars could be signs of one of the most recent habitable environments on the Red Planet, researchers suggest.

Scientists investigated data gathered on the Martian volcanoes in the Syrtis Major region of the Red Planet using a powerful spectrometer on NASA's Mars Reconnaissance Orbiter. They focused specifically on deposits near the relatively young Nili Patera volcanic cone, which date back some 3.7 billion years to the Early Hesperian epoch, the beginning of the middle era of Mars' history. [Photo of the Martian volcano vents]


When hot water flows through rock, it dissolves minerals, enriching the water with silica, or silicon oxide. When this water cools off and is exposed to air, a material called hydrated silica crystallizes, which is what the investigators unexpectedly detected in the deposits near Nili Patera.

The discovery suggests that the vents once served as tiny habitable pockets on Marswhere primitive forms of life on Mars, if any ever existed, could have found refuge. To date, however, no definitive proof that Mars has ever supported any form of life has been found.





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Politics of the Fed's easy money

Dees Illustration
Emily Kaiser
Reuters

While voters cast ballots on Tuesday in an election expected to shift Congress to the right, the Federal Reserve convenes what could be its most pivotal meeting since the height of the financial crisis.

The central bank was designed to be above political influence. But its policy decisions are not completely immune to the political environment.

A more conservative Congress would reduce the already slim chance that more fiscal support will come, putting the burden squarely on the Fed's shoulders to shore up a limp economy.

Douglas Holtz-Eakin, an economist who advised John McCain during his unsuccessful 2008 presidential campaign, said normally the Fed keeps quiet around elections to avoid any semblance of political involvement.

This time, the central bank sent a clear signal that it intended to take action, and investors are convinced the move will come this week in the form of relaunching asset purchases. This week's policy-setting meeting lasts two days, so the Fed's announcement will come on Wednesday, just after the election.


"It looks to me a bit desperate," Holtz-Eakin said, adding that he was not convinced another round of money printing would do much to stimulate the economy.

"I would have liked to see them hold on to their ammunition in case we really need it."

President Barack Obama's Democratic party is expected to lose its majority in the House of Representatives, while the Democrat-controlled Senate may move closer to a 50-50 split.

Republicans have made opposition to last year's $814 billion stimulus package a central plank of their election campaign, tapping into voter dissatisfaction with the slow pace of recovery and weak job market.

The White House, recognizing there is probably not enough political backing, has said little about additional stimulus. However, two former Obama administration officials -- ex-Budget Director Peter Orszag and former Economic Adviser Christina Romer -- have pressed hard for more help.

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