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Gary Edwards

The Daily Bell - Occupy Wall Street Demands Global UN Tax and Worldwide G20 Protest - 0 views

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    Occupy's busting out on a new path ... So Adbusters is asking people all around the world to march on Oct. 29. "We want to send a clear message that we the people want to slow down this global casino." And Adbusters does have one specific demand, a 1 percent tax on financial-sector transactions (perhaps stocks, bonds, foreign-currency trades and derivatives). Some form of that idea, known as the "Robin Hood" tax, has been around for a while and might actually fly. - Jerry Large/Seattle Times Dominant Social Theme: We want justice for the world and the UN will give it to us. Free-Market Analysis: Kalle Lasn, founder of Adbusters magazine, based in Vancouver, B.C. - the magazine that issued the call for the initial Occupy Wall Street protests - has called on people to protest the upcoming G20 while demanding a one-percent tax on financial transactions. The revenue raised would be enormous and the lingering question is where this incredible revenue stream would be directed. The answer is obvious to those who follow what we call "directed history." The intention is likely to fund the UN as part of a final push to rationalize and perfect the initial stages of true world government. As we have written before, the movement toward world government is happening very quickly now. The ramifications are enormous and people who write off these protests as spontaneous and short-lived are not grasping what is taking place, in our humble opinion. The financial sales tax has been around for a very long time but has found its most recent voice in a column by Jerry Large of the Seattle Times. He recently gained an exclusive interview with Kalle Lasn, who sounds as if he hopes that a large protest on Oct 29th will mark the beginning of a push for such a tax. What's going on is pure one-worldism, an OWS ideology that is gradually revealing itself in dribs and drabs. It is one reason that that the OWS leaders have made no specific demands. They have hoped to create a momentu
Gary Edwards

Limbaugh on Obama's 'Chip on His Shoulder,' the Phenomenon of the 'Not-Romney' and the ... - 0 views

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    Awesome!  Once again Rush takes us to school. excerpt: VAN SUSTEREN: I guess I mean a motive to -- an intentional motive to hurt the country, versus his (Obama) ideology is one that the way you achieve ideals is different values. LIMBAUGH: This is the question. We are living under a number of assumptions about Obama that have been presented to us by elites of both parties. One of the illusions is Obama's brilliant, that he's smarter than anybody else in the room, messianic. We have never had a politician like this in our midst, we were told in 2007, 2008. Nobody like Obama has ever trod our soil. He was going to unify us. The world was going to love us again. It's going to lower the sea levels. I mean, ridiculous stuff. So the question is, is he just dumb? Does he really believe this economic stuff? Does he really believe that taking capital, money out of the private sector and transferring it to government and unions is the way you grow the private sector? Is that the way (INAUDIBLE) Does he really believe that? Is he that ill educated? Is he the product of nothing other than the American education system and whoever influenced him at home when he was young? Or is he an ideologue? Is he a Marxist socialist who has an agenda that's oriented toward cutting the country down to size? I mean, that's the question. For me, the answer to the question is irrelevant. I think that whatever he's doing, why he's doing it, it's obvious he is doing it. He is taking steps, these 10 policies that are injurious to the country, injurious to individuals, targeting as the enemy the people who work in this country, targeting as the enemy that people that pay taxes. This business of this Occupy Wall Street crowd, which is his -- it was created I think on the basis that Romney was going to be the Republican nominee. Romney's Wall Street, so you get Obama's band out there, Occupy Wall Street, protesting. It was set up to oppose Romney -- Wall Street blamed for all these ills in the e
Paul Merrell

Land Destroyer: Entire "Occupy Central" Protest Scripted in Washington - 0 views

  • The slogans, leaders, and agenda of the "Occupy Central" movement are supposedly the manifestations of Hong Kong's desire for "total democracy," "universal suffrage," and "freedom." In reality, the leaders of "Occupy Central" are verified to be directly backed, funded, and directed by the US State Department, its National Endowment for Democracy (NED), and its subsidiary, the National Democratic Institute (NDI). Despite admitting this overwhelming evidence, many "Occupy Central" supporters still insist the protests are genuine and now some propose that the "Occupy Central" leadership does not truly represent the people of Hong Kong. While the leadership of "Occupy Central" indeed in no way represent the people of Hong Kong, the fact still remains that the protest itself was prearranged at least as early as April 2014, revealed by "Occupy Central" co-organizers Martin Lee and Anson Chan before NED in Washington DC.
  • The talk titled, "Why Democracy in Hong Kong Matters," spanned an hour, with NED regional vice president Louisa Greve leading the duo through a full introduction of the "Occupy Central" movement, its characters, agenda, demands, and talking points. Anson Chan - Hong Kong’s Chief Secretary under British rule - in particular, with her perfect British accent, insisted repeatedly that the issue was China's apparent backtracking on "deals" made with the UK over the handover of Hong Kong in the late 1990's. Lee, as well as members of the audience, repeatedly stated that Hong Kong's role was to "infect" mainland China with its Western-style institutions, laws, and interests. Lee also repeatedly appealed to Washington specifically to ensure they remained committed to defending American interests in Hong Kong. Both Lee and Chan would also state that since China appears to be concerned over global perception of how it rules its people, this could be exploited to excise from Beijing concessions over Hong Kong's governance. This included mention of previous protests, including those led by "activist" Joshua Wong and his suspicious "Scholarism" organization that has been tracked since at least 2012 by the US State Department's NDI. And of course, future destabilization was submitted as a viable solution to bending Beijing toward Western concessions.
  • For those able to listen to the entire 1 hour interview as well as questions and answers, the entire "Occupy Central" narrative is laid bare, verbatim, in Washington DC months before demonstrations began in the streets of Hong Kong. For a supposed "pro-democracy" protest seeking self-governance and self-determination and denouncing "interference" from Beijing, that their leaders are funded by foreign interests, and the plans for "Occupy Central" laid in a foreign capital is ironic at best - utter and very intentional deceit at worst. Democracy indeed assumes self-governance and self determination. If the US State Department is colluding with, funding, and directing the politicians and protest leaders behind "Occupy Central," the people of Hong Kong are governing and determining nothing - Washington and Wall Street are. Martin Lee and collaborator Anson Chan complain about Beijing dictating policy in Hong Kong, while they sit together in a room full of foreign interests who would dictate Hong Kong's governance instead.  Laid bare is "Occupy Central's" true agenda. It is not about having Hong Kong vote for who they desire to see in power, it is about getting the foreign-backed political cabal behind "Occupy Central" into power, and disarming Beijing of any means to prevent what is for all intents and purposes the "soft" recolonization of Hong Kong, and a further attempt to divide and destabilize China as a whole.
Paul Merrell

Revealed: how the FBI coordinated the crackdown on Occupy | Naomi Wolf | Comment is fre... - 0 views

  • New documents prove what was once dismissed as paranoid fantasy: totally integrated corporate-state repression of dissent
  • It was more sophisticated than we had imagined: new documents show that the violent crackdown on Occupy last fall – so mystifying at the time – was not just coordinated at the level of the FBI, the Department of Homeland Security, and local police. The crackdown, which involved, as you may recall, violent arrests, group disruption, canister missiles to the skulls of protesters, people held in handcuffs so tight they were injured, people held in bondage till they were forced to wet or soil themselves –was coordinated with the big banks themselves. The Partnership for Civil Justice Fund, in a groundbreaking scoop that should once more shame major US media outlets (why are nonprofits now some of the only entities in America left breaking major civil liberties news?), filed this request. The document – reproduced here in an easily searchable format – shows a terrifying network of coordinated DHS, FBI, police, regional fusion center, and private-sector activity so completely merged into one another that the monstrous whole is, in fact, one entity: in some cases, bearing a single name, the Domestic Security Alliance Council. And it reveals this merged entity to have one centrally planned, locally executed mission. The documents, in short, show the cops and DHS working for and with banks to target, arrest, and politically disable peaceful American citizens.
  • As Mara Verheyden-Hilliard, executive director of the PCJF, put it, the documents show that from the start, the FBI – though it acknowledges Occupy movement as being, in fact, a peaceful organization – nonetheless designated OWS repeatedly as a "terrorist threat"
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  • Verheyden-Hilliard points out the close partnering of banks, the New York Stock Exchange and at least one local Federal Reserve with the FBI and DHS, and calls it "police-statism":"This production [of documents], which we believe is just the tip of the iceberg, is a window into the nationwide scope of the FBI's surveillance, monitoring, and reporting on peaceful protestors organizing with the Occupy movement … These documents also show these federal agencies functioning as a de facto intelligence arm of Wall Street and Corporate America."
Paul Merrell

Occupy Hillary Clinton's Wall Street Speeches. What Did She Tell the Banks? | Global Re... - 0 views

  • Hillary Clinton refuses to make public the transcripts of her speeches to big banks, three of which were worth a total of $675,000 to Goldman Sachs. She says she would release the transcripts “if everybody does it, and that includes Republicans.” After all, she complained, “Why is there one standard for me, and not for everybody else?” As the New York Times editorial board pointed out, “The only different standard here is the one Mrs. Clinton set for herself, by personally earning $11 million in 2014 and the first quarter of 2015 for 51 speeches to banks and other groups and industries.” Hillary is not running in the primaries against Republicans, who, the Times noted, “make no bones about their commitment to Wall Street deregulation and tax cuts for the wealthiest Americans.”
  • She is running against Bernie Sanders, “a decades-long critic of Wall Street excess who is hardly a hot ticket on the industry speaking circuit,” according to the Times. Why do voters need to know what Hillary told the banks? Because it was Wall Street that was responsible for the 2008 recession, making life worse for most Americans. We need to know what, if anything, she promised these behemoths. I Scratch Your Back, You Scratch Mine Hillary has several super PACs, which have recently donated $25 million to her campaign, $15 million of which came from Wall Street. Big banks and large contributors don’t give their money away for nothing. They expect that their interests will be well served by those to whom they donate. Hillary recently attended an expensive fundraiser at Franklin Square Capital, a hedge fund that gives big bucks to the fracking industry. Two weeks later, Hillary’s campaign announced her continuing support for the production of natural gas, which comes from fracking. Bernie opposes fracking. He said, “Just as I believe you can’t take on Wall Street while taking their money, I don’t believe you can take on climate change effectively while taking money from those who would profit off the destruction of the planet.”
Paul Merrell

Details Of Assassination Plot On Occupy Movement Leaders Withheld From Public At FBI's ... - 0 views

  • The FBI was right to withhold records about an alleged murder plot targeting the leaders of Occupy Houston, to protect its informants, a federal judge ruled. Plaintiff Ryan Noah Shapiro is a doctoral student at the Massachusetts Institute of Technology. His research includes “the policing of dissent … especially in the name of national security” and “examining FBI and other intelligence agency efforts to preserve domestic surveillance capabilities while simultaneously subverting the Freedom of Information Act,” according to his MIT profile. Shapiro sent the FBI three Freedom of Information Act requests in early 2013, asking for records about “a potential plan to gather intelligence against the leaders of [Occupy Wall Street-related protests in Houston] and obtain photographs, then formulate a plan to kill the leadership [of the protests] via suppressed sniper rifles.” Shapiro told Courthouse News he learned of the alleged plot from FBI documents obtained by investigative reporter Jason Leopold.
  • The FBI had refused to give Shapiro any documents until he filed an April 2013 federal complaint in Washington, D.C., after which the agency gave him 17 pages. U.S. District Judge Rosemary Collyer found last year that the FBI had properly withheld some records, but took issue with its use of Exemption 7 under the FOIA, which protects from disclosure “records or information compiled for law enforcement purposes.” Collyer dismissed the lawsuit this week after reviewing the documents in her chambers. Shapiro challenged the FBI’s withholding of the names of its murder plot sources, claiming there is no privacy expectation for people who could be called to testify as trial witnesses. But Collyer found Monday that the FBI correctly invoked FOIA exemption 7(c), which shields law enforcement records from disclosure if they could constitute an invasion of personal privacy. The judge also agreed with the FBI that exemption 7(d) applied to the case. It allows records to be withheld if they “could reasonably be expected to disclose the identity of a confidential source.”
  • Citing a declaration from FBI agent David Hardy that said the confidential sources are “individuals who are members of organized violent groups,” Collyer said the likelihood of retaliation justified keeping the sources’ identities under wraps. Shapiro vowed to keep fighting for the records. “I’m of course disappointed in, and disagree with, the judge’s ruling. I’m now conferring with my attorney to determine next steps,” Shapiro said in an email. He said he is concerned that the FBI collected dossiers on Occupy protestors while publicly denying it. “The FBI even flatly asserted in a separate FOIA lawsuit of mine that, ‘(T)he FBI determined that it had never opened an investigation on the Occupy movement,'” Shapiro wrote. “Yet, in the course of my FOIA lawsuit against the FBI for records about the sniper plot against Occupy Houston, the FBI contradicted its own position.” Shapiro said that with recently released FBI documents about Occupy Chicago, “We are coming ever closer to finally forcing the FBI to concede it actually possesses a large volume of documents about this FBI-coordinated nationwide investigation of political protesters as supposed terroristic threats to national security.”
Paul Merrell

Why Aren't Big Bankers in Jail? - FAIR: Fairness & Accuracy In Reporting - 0 views

  • The man in charge of a bank that engaged in massive mortgage fraud chatted with a corporate media host (CNBC Squawk on the Street, 7/12/13) about the fact that virtually none of those who enriched themselves while eviscerating the life savings of many blameless people, derailing the US economy along the way, have faced criminal prosecution
  • Granted, Cramer is no one's idea of a serious interrogator of the financial system (FAIR Blog, 3/13/09). But much journalism on the question of criminal prosecution of industry leaders amounts to similar apologia. While there have been substantive inquiries into the wrongdoing of investment banks and auditors, those calling for jail time are often dismissed as irrational, driven by "blood lust" (Washington Post, 9/12/13), "anger" (Chicago Tribune, 11/30/13) or "vengeance" (Washington Post, 11/18/13).
  • We're told such calls come from the margins: That no "financial industry types" have been jailed is "a recurring theme among Occupy Wall Street protesters and some Democratic politicians" (Christian Science Monitor, 10/11/11) or "the Occupy Wall Street crowd" (New York Times, 3/1/13). People who believe bankers should go to jail are deflecting blame—from the people: "The real scandal," explained the Washington Post's Charles Lane ("Banks Aren't the Bad Guys," 11/18/13), was "Americans' shared, erroneous belief in ever-rising housing prices and corresponding mania to profit from them." And maybe they need to move on: "This all happened a really long time ago. What-ever happened to the statute of limitations?" the Washington Post (11/19/13) asked itself in a recent Q&A.
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  • What the soft-headed among us don't recognize, evidently, is that "blowing up your company isn't necessarily a crime," as the Christian Science Monitor (10/11/11) put it. "America doesn't criminalize bad business decisions," wrote the Washington Post (9/12/13). Or, from Businessweek (5/12/11): "In the American legal system, people who merely act badly or unwisely do not do time." But some have no trouble pointing to actual crimes in the crisis. "Issuing a mortgage that is known to be based on false information and then selling it in the secondary market is fraud and punishable by time in jail," economist Dean Baker (Beat the Press, 9/13/13) noted, citing the Financial Crisis Inquiry Commission. "Packaging loans into mortgage backed securities that an investment bank has good reason to believe are based on false information is also fraud and punishable by time in jail." Former federal bailout inspector Neil Barofsky agrees we're not talking about a perhaps lamentable but inactionable "culture." Asked by NPR (7/26/13) about the no-actual-crime "narrative," Barofsky answered: "No. I think that there was a tremendous amount of fraud."
  • Certainly the problem extends beyond the actions of a few bigwigs. But people who say jailing industry executives should be the sole response exist only in pundits' minds. William Black, who advocates prison for industry executives (Moyers & Company, 9/17/13), pointed to structural reasons for a lack of prosecutions, including regulatory agencies' abandonment of key functions since the 1980s' Savings & Loan scandal. "When the regulators ceased making criminal referrals—which had nothing to with an end of crime, obviously; it just had to do with a refusal to be involved in the prosecutorial effort anymore—they doomed us to a disaster where we would not succeed." Others say revolving-door relationships between banks and their government watchdogs contribute to settlements that are too generous to serve as deterrents (LittleSis, 10/23/13). Even the historic $13 billion JP Morgan settlement winds up being less than meets the eye, as much of the fine is tax-deductible, $4 billion of it is part of an earlier settlement and much of the rest will take the form of mortgage relief that will help the bank in the long run (Salon, 11/20/13).
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    Fairness & Accuracy in Reporting weighs in on mainstream media's reluctance to call for banksters to be issued horizontal striped suits, noting that the excuses used ignore that there are real victims and that real crimes were comitted. 
Paul Merrell

Eric Cantor's Opponent Beat Him By Calling Out GOP Corruption | - 0 views

  • “All of the investment banks, up in New York and D.C., they should have gone to jail.” That isn’t a quote from an Occupy Wall Street protester or Senator Elizabeth Warren. That’s a common campaign slogan repeated by Dave Brat, the Virginia college professor who scored one of the biggest political upsets in over a century by defeating Majority Leader Eric Cantor in the Republican primary last night. The national media is buzzing about Brat’s victory, but for all of the wrong reasons.
  • Did the Tea Party swoop in and help Brat, as many in the Democratic Party are suggesting? Actually, the Wall Street Journal reports no major Tea Party or anti-establishment GOP group spent funds to defeat Cantor. Did Cantor, the only Jewish Republican in Congress, lose because of his religion, as some have suggested? There’s no evidence so far of anti-Semitism during the campaign. Was Cantor caught flatfooted? Nope; Cantor’s campaign spent close to $1 million on the race and several outside advocacy groups, including the National Rifle Association, the National Realtors Association and the American Chemistry Council (a chemical industry lobbying association) came in and poured money into the district to defeat Brat. The New York Times claims that Brat focused his campaign primarily on immigration reform. Brat certainly made immigration a visible topic in his race, but Republic Report listened to several hours of Brat stump speeches and radio appearances, and that issue came up far less than what Brat called the main problem in government: corruption and cronyism. Brat told Internet radio host Flint Engelman that the “number one plank” in his campaign is “free markets.” Brat went on to explain, “Eric Cantor and the Republican leadership do not know what a free market is at all, and the clearest evidence of that is the financial crisis … When I say free markets, I mean no favoritism to K Street lobbyists.” Banks like Goldman Sachs were not fined for their role in the financial crisis — rather, they were rewarded with bailouts, Brat has said.
  • rat, who has identified with maverick GOP lawmakers like Representative Justin Amash of Michigan, spent much of the campaign slamming both parties for being in the pocket of “Wall Street crooks” and D.C. insiders. The folks who caused the financial crisis, Brat says, “went onto Obama’s rolodex, the Republican leadership, Eric’s rolodex.” During several campaign appearances, Brat says what upset him the most about Cantor was his role in gutting the last attempt at congressional ethics reform. “If you want to find out the smoking gun in this campaign,” Brat told Engelman, “just go Google and type the STOCK Act and CNN and Eric Cantor.” (On Twitter, Brat has praised the conservative author Peter Schweizer, whose work on congressional corruption forced lawmakers into action on the STOCK Act.) The STOCK Act, a bill to crack down on insider trading, was significantly watered down by Cantor in early 2012. The lawmaker took out provisions that would have forced Wall Street “political intelligence” firms to register as traditional lobbyists would, and removed a section of the bill to empower prosecutors to go after public officials who illegally trade on insider knowledge. And Brat may be right to charge that Cantor’s moves on the STOCK Act were motivated by self interest. Cantor played a leading role in blocking legislation to fix the foreclosure crisis while his wife and his stock portfolio were deeply invested in mortgage banks.
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  • Most self-described Tea Party Republicans, including Rand Paul and Ted Cruz, have railed against Washington in a general sense without calling out the powerful – often Republican-leaning — groups that wield the most power. Not Brat. “Eric is running on Chamber of Commerce and Business Roundtable principles,” Brat told a town hall audience, later clarifying that he meant the U.S. Chamber of Commerce, the largest lobbying trade group in the country. He also called out the American Chemistry Council for funding ads in his race with Cantor, telling a radio host that his opponent had asked his “crony capitalist friends to run more ads.” Brat repeats his mantra: “I’m not against business. I’m against big business in bed with big government.” Indeed, Cantor has been a close ally to top lobbyists and the financial industry. “Many lobbyists on K Street whose clients include major financial institutions consider Cantor a go to member in leadership on policy debates, including overhauling the mortgage finance market, extending the government backstop for terrorism insurance, how Wall Street should be taxed and flood insurance,” noted Politico following Cantor’s loss last night. In 2011, Cantor was caught on video promising a group of commodity speculators that he would roll back regulations on their industry. 
  • There are many lessons to be learned from the Cantor-Brat race. For one, it’s worth reflecting on the fact that not only did Cantor easily out raise and outspend Brat by over $5 million to around $200,000 in campaign funds, but burned through a significant amount on lavish travel and entertainment instead of election advocacy. Federal Election Commission records show Cantor’s PAC spent at least $168,637 on steakhouses, $116,668 on luxury hotels (including a $17,903 charge to the Beverly Hills Hotel & Bungalows) and nearly a quarter million on airfare (with about $140,000 in chartered flights) — just in the last year and a half! But on the policy issues and political ramifications of this race, it’s not easy to box Brat into a neat caricature of an anti-immigration zealot or Tea Party demagogue, or, in TIME’s hasty reporting, a “shopworn conservative boilerplate.” If Brat ascends to Congress, which is quite likely given the Republican-leaning district that he’ll run in as the GOP nominee, he may actually continue taking on powerful elites in Washington.  
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    The Cantor defeat was not a Tea Party upset victory as claimed by MSM, according to this article. Instead, Brat's stump speeches were about crony capitalism, bankster corruption of Congress, and libertarian principles. So if this article is correct, then MSM would rather claim that Cantor was a victim of the Tea Party than acknowledge the issues that Brat actually raised, Congressional corruption and big government/big corporation cronyism.  Very interesting food for thought.
Gary Edwards

Porter Stansberry: Get ready... The worst is yet to come - 0 views

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    Porter discusses inflation and the disastrous impact the Federal Reserve Bankster Cartel is having on the wealth of Americans.  An interesting chart he provides is the one pricing the Stock Market in GOLD.  Everything should be priced and evaluated in terms of GOLD instead of Federal Reserve paper.  The world would be a better place. there are only two repubican presidential candidates calling for an end of the Bankster Cartel; Ron Paul and Rick Perry.  The rest are with Obama, deep in the Bankster pocket.  Very sad.  But then, the Occupy Wall Street movement is camped out on Wall Street, while the Tea Party movement is Occupying the heart of the Bankster criminal empire - the Federal Reserve Banks.  Both movements seem to be protesting the same criminal Bankster problem.  But OWS has been fooled by the ol "nothing up my sleeve" illusion. excerpt: Here's the fact: America's standard of living is falling at a faster pace today than at any time since the Great Depression. Specifically, the real median income is down 9.8% since the fall of 2008. Additionally, Americans have lost roughly $5.5 trillion in asset value, or about 8.6% of their wealth. When you talk about a depression, what you're really talking about is a collapse in the standard of living. That's what's happening today, right now, in our country. But people continue to go about their lives as though nothing is happening. Certainly, our politicians don't want to draw attention to the problem. Instead, they are behind the campaign to "paper over" these losses with schemes like "quantitative easing." These schemes do nothing to make our economy more productive. They're designed instead to make prices rise so people (hopefully) won't notice how poor they're becoming. If you've been reading my newsletters since 2008, none of this is a surprise to you. I've been warning month after month, year after year, that the government's efforts to paper over our bad debts won't work. And they won't work for tw
Paul Merrell

The Progressive Movement is a PR Front for Rich Democrats » Counterpunch: Tel... - 0 views

  • There is good news in the Boston Globe today for the managers, development directors, visionaries, political hacks and propaganda flacks who run “the Progressive Movement.”   More easy-to-earn and easy-to-hide soft money, millions of dollars,  will be flowing to them from super rich Democrats and business corporations.  It will come clean, pressed and laundered through Organizing for Action, the latest incarnation of the Obama Money Machine which has recently morphed into a “nonpartisan non-profit corporation” that will  ‘‘strengthen the progressive movement and train our next generation of leaders.’’
  • Does this information concern you?  If not, you need to get out of the propaganda bubble of your Progressive Movement echo chamber and think.  Think hard.  Think about fundamental, radical, democratic, social and economic change, who might bring it about and how.  Ask yourself if the the rich elite, the 1%, are going to fund that.   Leave The Nation and Mother Jones on the shelf;  turn off Ed Schultz, Rachel Madow and Chris Hayes;  don’t open that barrage of email missives from Alternet, Media Matters, MoveOn, and the other think tanks;  and get your head out of the liberal blogosphere for a couple days.  Clear your mind and consider this:
  • The self-labeled Progressive Movement that has arisen over the past decade is primarily one big propaganda campaign serving the political interests of the the Democratic Party’s richest one-percent who created it.  The funders and owners of the Progressive Movement get richer and richer off Wall Street and the corporate system.  But they happen to be Democrats, cultural and social liberals who can’t stomach Republican policies, and so after bruising electoral defeats a decade ago they decided to buy a movement, one just like the Republicans, a copy. The Progressive Movement that exists today is their success story.  The Democratic elite created  a mirror image of the type of astroturf front groups and think tanks long ago invented, funded and promoted by the Reaganites and the Koch brothers.  The liberal elite own the Progressive Movement. 
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  • Real movements are not the creation of and beholden to millionaires.  The Progressive Movement is astroturf beholden to the rich elite, just as the Democratic millionaires and operatives of the Democracy Alliance intended.  The “movement’s” funding is in the hands of a small number of super rich Democrats and union bureaucrats and advisors who run with them.  Its talking points, strategies, tactics and PR campaigns are all at the service of the Democratic elite.  There is no grassroots organized progressive movement with power in the United States, and none is being built.  Indeed,  if anything threatens to emerge,  the cry  “Remember Nader!” arises and the budding insurgency is marginalized or coopted, as in the case of the Occupy Wall Street events.  Meanwhile, the rich elite who fund the Progressive Movement, and their candidates such as Barack Obama, are completely wedded to maintaining the existing status quo on Wall Street and in the corporate boardroom.  Their well-kept Progressive Movement is adept at PR, propaganda, marketing and fundraising necessary in the service of the Democratic Party and the corporate elite who rule it.
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    Why the anti-war and 99-percenter "progressives" never get around to ending wars and reforming Wall Street. Spot on. An excellent snapshot of where the real political power in the U.S. is. And for Gary, George Soros gets mentioned more than once.
Gary Edwards

Revealed - the capitalist network that runs the world - physics-math - 19 October 2011 ... - 0 views

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    The secret 1% revealed at last. Using advanced "complex systems heuristics", a group of mathematicians and scientist studying the stability of complex systems has applied their techniques to study the interlocking relationships driving the global economy. They claim to have identified the inner architecture of global economic power, and hope to make it more stable. Incredible stuff! A list of the top 50 of the 147 superconnected companies cross references nicely with the question, "Who Owns the Federal Reserve Bankster Cartel?" The focus is on global "Transnational Corporations" (TNCs) and how the interlocking ownership/cross-director-relationships has affected the global economy. The study discovers a "super-entity" comprised of a core 147 companies that control over 40% of the world's wealth and productivity capacity. Most of these are global banking and financial operations. Yes, Wall Street Banksters! "In effect, less than 1 per cent of the companies were able to control 40 per cent of the entire network," says James Glattfelder, head of the Zurich research team. Most were financial institutions. The top 20 included Barclays Bank, JPMorgan Chase & Co, and The Goldman Sachs Group. Collectively this 1% control a further 60% of global revenues. excerpt: AS OWS PROTESTS against financial power sweep the world this week, science may have confirmed the protesters' worst fears. An analysis of the relationships between 43,000 transnational corporations has identified a relatively small group of companies, mainly banks, with disproportionate power over the global economy.

    The study's assumptions have attracted some criticism, but complex systems analysts contacted by New Scientist say it is a unique effort to untangle control in the global economy. Pushing the analysis further, they say, could help to identify ways of making global capitalism more stable.

    The idea that a few bankers control a large chunk of the global econo
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    Important work but perhaps too immature to base decisions on with confidence. I was struck by this statement: "Glattfelder says we may need global anti-trust rules, which now exist only at national level, to limit over-connection among TNCs. Sugihara says the analysis suggests one possible solution: firms should be taxed for excess interconnectivity to discourage this risk." My relevant question is, who would be the recipients of the postulated tax? Anytime you create a revenue stream, the recipients acquire a vested interest in maintaining and expanding that revenue stream and the folks who pay the revenue acquire a vested interest in minimizing or eliminating the expense. While the payers incentives are consistent with the article's statement, the identities of the recipients and their incentives to tweak the tax to produce more revenue needs more thought and discussion with a strong focus on: [i] who makes that decision; [ii] who has the the power to decide whether that authority is abused; and [iii] who has standing to initiate actions to correct abuse. On the latter, the U.S. Constitution would seem to require that those who pay the taxes are entitled to Due Process. But at the same time, the individual consumer can also be injured by abuse. However, a hallmark trait of most trade agreements is that only government and regulated corporations are granted standing to challenge regulatory decisions, which has skewed their interpretation heavily to the corporate side. Universal standing is the cure.
Gary Edwards

'The Destruction of the Rule of Law' according to Ratigan, Black and DeGraw - 1 views

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    Amazing video discussion about Occupy Wall Street movement, and the outrageous Bankster fraud that has not been prosecuted by the Obama DOJ. Dylan Rattigan interviews White Collar Crime expert, Attorney William Black and, OWS organizer David DeGraw. Attorney Black points out that both the FBI and the Financial Services Bank . "We put the Treasury Secretary up for auction, and lately Goldman Sachs has been the highest bidder". Clinton-Reuben, Bush-Paulsen, Obama-Geitner. Get rid of the systemically dangerous institutions.
Paul Merrell

The NYPD's X-Ray Vans - The Atlantic - 0 views

  • In New York City, the police now maintain an unknown number of military-grade vans outfitted with X-ray radiation, enabling cops to look through the walls of buildings or the sides of trucks. The technology was used in Afghanistan before being loosed on U.S. streets. Each X-ray van costs an estimated $729,000 to $825,000.The NYPD will not reveal when, where, or how often they are used.
  • Here are some specific questions that New York City refuses to answer:How is the NYPD ensuring that innocent New Yorkers are not subject to harmful X-ray radiation? How long is the NYPD keeping the images that it takes and who can look at them? Is the NYPD obtaining judicial authorization prior to taking images, and if so, what type of authorization? Is the technology funded by taxpayer money, and has the use of the vans justified the price tag? Those specifics are taken from a New York Civil Liberties Union court filing. The legal organization is seeking to assist a lawsuit filed by Pro Publica journalist Michael Grabell, who has been fighting New York City for answers about X-ray vans for 3 years.“ProPublica filed the request as part of its investigation into the proliferation of security equipment, including airport body scanners, that expose people to ionizing radiation, which can mutate DNA and increase the risk of cancer,” he explained. (For fear of a terrorist “dirty bomb,” America’s security apparatus is exposing its population to radiation as a matter of course.)
  • A state court has already ruled that the NYPD has to turn over policies, procedures, and training manuals that shape uses of X-rays; reports on past deployments; information on the costs of the X-ray devices and the number of vans purchased; and information on the health and safety effects of the technology. But New York City is fighting on appeal to suppress that information and more, as if it is some kind of spy agency rather than a municipal police department operating on domestic soil, ostensibly at the pleasure of city residents.Its insistence on extreme secrecy is part of an alarming trend. The people of New York City are effectively being denied the ability to decide how they want to be policed.
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  • For all we know, the NYPD might be bombarding apartment houses with radiation while people are inside or peering inside vehicles on the street as unwitting passersby are exposed to radiation. The city’s position—that New Yorkers have no right to know if that is happening or not—is so absurd that one can hardly believe they’re taking it. These are properly political questions. And it’s unlikely a target would ever notice. “Once equipped, the van—which looks like a standard delivery van—takes less than 15 seconds to scan a vehicle,” Fox News reported after looking at X-ray vans owned by the federal government. “It can be operated remotely from more than 1,500 feet and can be equipped with optional technology to identify radioactivity as well.”
  • And since the technology can see through clothing, it is easy to imagine a misbehaving NYPD officer abusing it if there are not sufficient safeguards in place. Trusting the NYPD to choose prudent, sufficient safeguards under cover of secrecy is folly. This is the same department that spent 6 years conducting surveillance on innocent Muslims Americans in a program so unfocused that it produced zero leads—and that has brutalized New York City protestors on numerous occasions. Time and again it’s shown that outside oversight is needed.Lest readers outside New York City presume that their walls still stand between them and their local law enforcement agency, that isn’t necessarily the case. Back in January, in an article that got remarkably little attention, USA Today reported the following:
  • At least 50 U.S. law enforcementagencies have secretly equipped their officers with radar devices that allow them to effectively peer through the walls of houses to see whether anyone is inside, a practice raising new concerns about the extent of government surveillance. Those agencies, including the FBI and the U.S. Marshals Service, began deploying the radar systems more than two years ago with little notice to the courts and no public disclosure of when or how they would be used. The technology raises legal and privacy issues because the U.S. Supreme Court has said officers generally cannot use high-tech sensors to tell them about the inside of a person's house without first obtaining a search warrant. The radars work like finely tuned motion detectors, using radio waves to zero in on movements as slight as human breathing from a distance of more than 50 feet. They can detect whether anyone is inside of a house, where they are and whether they are moving.
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    About the technology from the patent holder's web site: http://as-e.com/resource-center/technology/z-backscatter/ Example photos of the Z Backspatter Vans and examples of X-Ray photos taken with it. https://goo.gl/MO1TVi  Forty percent higher radiation than airport security scanners. with a range of over a thousand feet. 12-seconds to conduct a scan.  
Gary Edwards

Chris Savvinidis "End the Fed" Facebook Page - 0 views

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    The Occupy Wall Street movement is a circus, with every political stripe known showing their colors, making their arguments, and yes, making demands.   Chris Savvinidis is holding the ground in front of the New York Federal Reserve Bankster building, patiently arguing for the Constitution, the rule of law, the end of fiat money, and the end of the Federal Reserve. Best of all, he's not alone.  The libertarian/conservative movement is anchored and growing.  Thanks Chris. 
Gary Edwards

World Economy Now Worth Less than Risky Derivatives FDIC is Liable For | Western Free P... - 0 views

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    quote:  Regardless of what those Occupying Wall Street have to say about it, you can be a capitalist and believe that what is happening here is wrong. A private corporation should not be able to plunder the U.S. Treasury to cover its losses via the FDIC. There appears to be very little information publicly available as to what could possibly even be worth 75 trillion dollars, but it's most definitely not cash or paychecks from the individual depositors the FDIC was designed to protect. In fact, it appears to be 75 trillion dollars of risky debt packaged as derivatives. To put that in perspective, the annual GDP of all of planet Earth is only 58 trillion dollars!
Gary Edwards

Thrive - 0 views

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    I listened to the Coast to Coast interview with Foster & Kimberly Gamble, who researched and produced the film "Thrive".  Fascinating stuff, but if you're a Coast to Coast regular, you've heard this all before.  The Gamble's are different however in that they really have produced a top notch, highly visual and engaging film documenting their research and interviews.  The energy and bankster discussions are really well done.  Let's hope this wake up call finds some traction. The one disappointing aspect of the Gamble's presentation is their hopefulness with the Occupy Wall Street movement.  Sure, of course, we we're all hopeful in the early days of the movement.  Until it became obvious that this was being driven by Saul Alinsky radical watermelons and Obammunists. After listening to the Gamble's for an hour, there's no doubt in my mind that they true Patriots, fully embracing the founders value for "individual liberty" and the system of ordered liberty embedded in the Constitution and Declaration.  But i don't think they have thought things out to the full extent of realizing that "individual liberty" and "socialism" are at odds.   A socialist believes the welfare of the society (the group) is more important than the liberty of the individual.  Socialist are at odds with the Constitution.  While libertarians welcome any help they can get overthrowing the heavy yoke of psychopathic banksters and crony corporatists, help from the socialists is very dangerous.  It's an established fact that Marx and Engels were hired and paid by global banksters to create a new system that would counter the economic, social and cultural forces of individual liberty.  Banksters and corporatists are quite willing to lend money and collect interest for vast and unsustainable socialist programs and military interventions racking up debt that spans and enslaves generations.  Socialism is the new indentured servitude.  And it will last as long as the banksters control the fia
Paul Merrell

The truth is out: money is just an IOU, and the banks are rolling in it | David Graeber... - 0 views

  • To get a sense of how radical the Bank's new position is, consider the conventional view, which continues to be the basis of all respectable debate on public policy. People put their money in banks. Banks then lend that money out at interest – either to consumers, or to entrepreneurs willing to invest it in some profitable enterprise. True, the fractional reserve system does allow banks to lend out considerably more than they hold in reserve, and true, if savings don't suffice, private banks can seek to borrow more from the central bank.
  • The central bank can print as much money as it wishes. But it is also careful not to print too much. In fact, we are often told this is why independent central banks exist in the first place. If governments could print money themselves, they would surely put out too much of it, and the resulting inflation would throw the economy into chaos. Institutions such as the Bank of England or US Federal Reserve were created to carefully regulate the money supply to prevent inflation. This is why they are forbidden to directly fund the government, say, by buying treasury bonds, but instead fund private economic activity that the government merely taxes.
  • It's this understanding that allows us to continue to talk about money as if it were a limited resource like bauxite or petroleum, to say "there's just not enough money" to fund social programmes, to speak of the immorality of government debt or of public spending "crowding out" the private sector. What the Bank of England admitted this week is that none of this is really true. To quote from its own initial summary: "Rather than banks receiving deposits when households save and then lending them out, bank lending creates deposits" … "In normal times, the central bank does not fix the amount of money in circulation, nor is central bank money 'multiplied up' into more loans and deposits."
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  • When banks make loans, they create money. This is because money is really just an IOU.
  • What this means is that the real limit on the amount of money in circulation is not how much the central bank is willing to lend, but how much government, firms, and ordinary citizens, are willing to borrow. Government spending is the main driver in all this (and the paper does admit, if you read it carefully, that the central bank does fund the government after all). So there's no question of public spending "crowding out" private investment. It's exactly the opposite.
  • In other words, everything we know is not just wrong – it's backwards.
  • So for the banking system as a whole, every loan just becomes another deposit. What's more, insofar as banks do need to acquire funds from the central bank, they can borrow as much as they like; all the latter really does is set the rate of interest, the cost of money, not its quantity.
  • The role of the central bank is to preside over a legal order that effectively grants banks the exclusive right to create IOUs of a certain kind, ones that the government will recognise as legal tender by its willingness to accept them in payment of taxes. There's really no limit on how much banks could create, provided they can find someone willing to borrow it. They will never get caught short, for the simple reason that borrowers do not, generally speaking, take the cash and put it under their mattresses; ultimately, any money a bank loans out will just end up back in some bank again.
  • Last week, something remarkable happened. The Bank of England let the cat out of the bag. In a paper called "Money Creation in the Modern Economy", co-authored by three economists from the Bank's Monetary Analysis Directorate, they stated outright that most common assumptions of how banking works are simply wrong, and that the kind of populist, heterodox positions more ordinarily associated with groups such as Occupy Wall Street are correct. In doing so, they have effectively thrown the entire theoretical basis for austerity out of the window.To get a sense of how radical the Bank's new position is, consider the conventional view, which continues to be the basis of all respectable debate on public policy. People put their money in banks. Banks then lend that money out at interest – either to consumers, or to entrepreneurs willing to invest it in some profitable enterprise. True, the fractional reserve system does allow banks to lend out considerably more than they hold in reserve, and true, if savings don't suffice, private banks can seek to borrow more from the central bank.
  • Why did the Bank of England suddenly admit all this? Well, one reason is because it's obviously true. The Bank's job is to actually run the system, and of late, the system has not been running especially well. It's possible that it decided that maintaining the fantasy-land version of economics that has proved so convenient to the rich is simply a luxury it can no longer afford.
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    Okay. The Bank of England finally fesses up and tells the truth about banking and government. Incredible!
Paul Merrell

Land Destroyer: Grisly Peshawar Slaughter - Who Created Taliban, Who Still Funds Them? - 0 views

  • Taliban militants stormed an army public school in the northern city of Peshawar, killing over 100, including many young students. It is believed up to 10 militants took part in the attack, dressed as soldiers to first infiltrate the school's grounds before beginning the attack.  While the details of the attack are forthcoming, the background of the Taliban and the persistent threat it represents is well established, though often spun across the Western media.  Who Put the Taliban into Power? Who is Funding them Now?  In the 1980's the United States, Saudi Arabia, and elements within the then Pakistani government funneled millions of dollars, weapons, equipment, and even foreign fighters into Afghanistan in a bid to oust Soviet occupiers. Representatives of this armed proxy front would even visit the White House, meeting President Ronald Reagan personally. 
  • In 1997, Taliban representatives would find themselves in Texas, discussing a possible oil pipeline with energy company Unocal (now merged with Chevron). The BBC would report in a 1997 article titled, "Taleban in Texas for talks on gas pipeline," that: A senior delegation from the Taleban movement in Afghanistan is in the United States for talks with an international energy company that wants to construct a gas pipeline from Turkmenistan across Afghanistan to Pakistan. A spokesman for the company, Unocal, said the Taleban were expected to spend several days at the company's headquarters in Sugarland, Texas.
  • However, it was already claimed by the US that the Taliban had been "harboring" Osama Bin Laden since 1996, and had branded the Taliban's human rights record as "despicable." The Telegraph in an artile titled, "Oil barons court Taliban in Texas," would report (emphasis added):  The Unocal group has one significant attraction for the Taliban - it has American government backing. At the end of their stay last week, the Afghan visitors were invited to Washington to meet government officials. The US government, which in the past has branded the Taliban's policies against women and children "despicable", appears anxious to please the fundamentalists to clinch the lucrative pipeline contract. The Taliban is likely to have been impressed by the American government's interest as it is anxious to win international recognition. So far, it has been recognised only by the UAE, Saudi Arabia and Pakistan. It is clear that to the West, as they were during the proxy war against the Soviets, and during attempts to forge an oil pipeline across Afghan territory, the Taliban remain a tool, not an ally - to be used and abused whenever and however necessary to advance Wall Street and Washington's agenda - a self-serving Machiavellian agenda clearly devoid of principles. 
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  • The Global Post would reveal in a 2009 investigative report that the Taliban in neighboring Afghanistan was mostly funded via redirected US aid. The report titled, "Who is funding the Afghan Taliban? You don’t want to know," would state:  It is the open secret no one wants to talk about, the unwelcome truth that most prefer to hide. In Afghanistan, one of the richest sources of Taliban funding is the foreign assistance coming into the country. The report would also reveal that Taliban members were in the capital city of Kabul, directly involved in redirecting the funds, apparently under the nose of occupying NATO forces:
  • But the narrative of the "accidental" funding of Taliban militants in Afghanistan is betrayed when examining their counterparts in Pakistan and their source of funding. While the US funds roughly a billion USD a year to the Taliban in Afghanistan "accidentally," their allies in Riyadh, Saudi Arabia are confirmed to be funding the Taliban in Pakistan.In the Guardian's article, "WikiLeaks cables portray Saudi Arabia as a cash machine for terrorists," the US State Department even acknowledges that Saudi Arabia is indeed funding terrorism in Pakistan:   Saudi Arabia is the world's largest source of funds for Islamist militant groups such as the Afghan Taliban and Lashkar-e-Taiba – but the Saudi government is reluctant to stem the flow of money, according to Hillary Clinton."More needs to be done since Saudi Arabia remains a critical financial support base for al-Qaida, the Taliban, LeT and other terrorist groups," says a secret December 2009 paper signed by the US secretary of state. Her memo urged US diplomats to redouble their efforts to stop Gulf money reaching extremists in Pakistan and Afghanistan."Donors in Saudi Arabia constitute the most significant source of funding to Sunni terrorist groups worldwide," she said.Three other Arab countries are listed as sources of militant money: Qatar, Kuwait and the United Arab Emirates.
  • Pakistani terror organization Lashkar-e-Jhangvi - which maintains ties to the Taliban - has also been financially linked to the Persian Gulf monarchies. Stanford University's "Mapping Militant Organizations: Lashkar-e-Jhangvi," states under "External Influences:"  LeJ has received money from several Persian Gulf countries including Saudi Arabia and the United Arab Emirates[25] These countries funded LeJ and other Sunni militant groups primarily to counter the rising influence of Iran's revolutionary Shiism.   Astonishingly, despite these admission, the US still works politically, financially, economically, and even militarily in tandem with these very same state-sponsors of rampant, global terrorism. In fact, Wall Street and Washington are among the chief architects and beneficiaries of this global terrorism. 
  • Just as in Libya and Syria where the US and its Persian Gulf allies funded terrorist fronts in bids to overthrow each nation's respective governments, this unholy alliance is working in Pakistan to create a militant front with which to menace political groups in Islamabad and reorder the country to reflect and serve their collective interests. And just as in Syria now, where the US feigns to be locked in battle with terrorists of their own creation, the fact that the US is funding their own enemy billions of dollars while allegedly fighting them in Afghanistan creates a perpetual conflict justifying their continued intervention in the region - overtly and covertly.  When a terrorist attack is carried out in Pakistan by the "Taliban," it must then be looked at through this lens of global geopolitical reality. Attempts by the Western media to reduce this recent attack to mere "extremism," preying on global audiences emotionally, provides impunity for the state-sponsors of the Taliban - those funding, arming, and directing their operations across the region, and then benefiting from their horrific consequences.It appears, just as in Libya, Syria, and Iraq, the West and its allies are waging a proxy war in Pakistan as well. Attempts to exploit the tragedy in Peshawar compound this insidious agenda. Those across Pakistan's political landscape must understand that their is no line these foreign interests are unwilling to cross in achieving their agenda - be it a line crossed at a perceived ally's expense, or a perceived enemy's expense. 
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    How to fight the "Long War?" Well, you need a constant supply of new enemies to fight ...
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