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Links between Turkey and ISIS are now 'undeniable' | Global Research - Centre for Resea... - 0 views

  • A US-led raid on the compound housing the Islamic State’s ‘chief financial officer’ produced evidence that Turkish officials directly dealt with ranking ISIS members, Martin Chulov ofthe Guardian reported recently. Islamic State official Abu Sayyaf was responsible for directing the terror army’s oil and gas operations in Syria. Islamic State (aka ISIS, ISIL, or Daesh) earns up to $US10 million per month selling oil on black markets. Documents and flash drives seized during the Sayyaf raid reportedly revealed links “so clear” and “undeniable” between Turkey and ISIS “that they could end up having profound policy implications for the relationship between us and Ankara,” a senior western official familiar with the captured intelligence told the Guardian. NATO member Turkey has long been accused by experts, Kurds, and even Joe Biden of enabling ISIS by turning a blind eye to the vast smuggling networks of weapons and fighters during the ongoing Syrian war.
  • The move by the ruling AKP party was apparently part of ongoing attempts to trigger the downfall of Syrian President Bashar al-Assad’s regime. Ankara officially ended its loose border policy last year, but not before its southern frontier became a transit point for cheap oil, weapons, foreign fighters, and pillaged antiquities.
  • In November, a former ISIS member told Newsweek that the group was essentially given free reign by Turkey’s army. “ISIS commanders told us to fear nothing at all because there was full cooperation with the Turks,” the fighter said. “ISIS saw the Turkish army as its ally especially when it came to attacking the Kurds in Syria.” But as the alleged arrangements progressed, Turkey allowed the group to establish a major presence within the country — and created a huge problem for itself. “The longer this has persisted, the more difficult it has become for the Turks to crack down [on ISIS] because there is the risk of a counter strike, of blowback,” Jonathan Schanzer, a former counterterrorism analyst for the US Treasury Department, explained to Business Insider in November. “You have a lot of people now that are invested in the business of extremism in Turkey,” Schanzer added. “If you start to challenge that, it raises significant questions of whether” the militants, their benefactors, and other war profiteers would tolerate the crackdown.
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  • A Western diplomat, speaking to the Wall Street Journal in February, expressed a similar sentiment: “Turkey is trapped now — it created a monster and doesn’t know how to deal with it.” Ankara had begun to address the problem in earnest — arresting 500 suspected extremists over the past six months as they crossed the border and raiding the homes of others — when an ISIS-affiliated suicide bomber killed 32 activists in Turkey’s southeast on July 20. Turks subsequently took to the streets to protest the government policies they felt had enabled the attack.
  • Amidst protestors’ chants of “Murderous ISIL, collaborator AKP,” Erdogan finally agreed last Thursday to enter the US-led campaign against ISIS, sending fighter jets into Syria and granting the US strategic use of a key airbase in the southeast to launch airstrikes. At the same time, Turkey began bombing Kurdish PKK shelters and storage facilities in northern Iraq, the AP reported, indicating that the AKP still sees Kurdish advances as a major — if not the biggest — threat, despite the Kurds’ battlefield successes against ISIS in northern Syria. “This isn’t an overhaul of their thinking,” a Western official in Ankara told the Guardian. “It’s more a reaction to what they have been confronted with by the Americans and others. There is at least a recognition now that ISIS isn’t leverage against Assad. They have to be dealt with.”
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Putin's Revenge? The Fight for the Border - 0 views

  • “We have received additional information confirming that the oil controlled by Islamic State militants (ISIS) enters Turkish territory on an industrial scale. We have every reason to believe that the decision to down our plane was guided by a desire to ensure the security of this oil’s delivery routes to ports where they are shipped in tankers.” –Russian President Vladimir Putin, Paris, 11-30-15
  • In candid remarks to the Russian media, Putin implicated the US in the downing of the Su-24 stating that the US military was briefed on the warplane’s flight path and then immediately passed along that information to Turkey. Here’s what he said: “We told our US partners in advance where, when at what altitudes our pilots were going to operate. The US-led coalition, which includes Turkey, was aware of the time and place where our planes would operate. And this is exactly where and when we were attacked. Why did we share this information with the Americans? Either they don’t control their allies, or they just pass this information left and right without realizing what the consequences of such actions might be. We will have to have a serious talk with our US partners.” Putin’s damning remarks have not appeared in any of the western media. The censorship of this information is similar to the blackout of comments Putin made just two weeks earlier at the G-20 summit where he announced that “40 countries” are financing ISIS including members of the G-20.
  • Here’s an except of Putin’s bombshell announcement: “I provided examples based on our data on the financing of different Islamic State units by private individuals. This money, as we have established, comes from 40 countries and, there are some of the G20 members among them,” Putin told the journalists. “I’ve shown our colleagues photos taken from space and from aircraft which clearly demonstrate the scale of the illegal trade in oil and petroleum products. The motorcade of refueling vehicles stretched for dozens of kilometers, so that from a height of 4,000 to 5,000 meters they stretch beyond the horizon,” Putin added, comparing the convoy to gas and oil pipeline systems.” (Putin: ISIS financed from 40 countries, including G20 members, RT)
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  • It’s clear that Russia’s bombardment of jihadi groups operating near the Turkish-Syrian border has Turkish President Recep Tayyip Erdogan worried. Erdogan has long hoped that the area would be turned into a Safe Zone where Sunni militants– committed to removing Assad from power– could receive weapons and other support from their sponsors while coming and going as they pleased. The Russian-led coalition’s attempt to retake the area and seal the border to stop the flow of terrorists from Turkey, is probably what precipitated the attack on the Russian warplane. It was a desperate attempt to wave-off the Russian offensive and reverse the course of the war which has turned decisively in Assad’s favor. As for the militant groups that are operating in this area, analyst Pepe Escobar sums it up like this in a recent post at Sputnik News: “The Su-24s were actually after Chechens and Uzbeks — plus a few Uyghurs — smuggled in with fake Turkish passports (Chinese intel is also on it), all of these operating in tandem with a nasty bunch of Turkish Islamo-fascists. Most of these goons transit back and forth between the CIA-weaponized Free Syrian Army (FSA) and Jabhat al-Nusra. These were the goons who machine-gunned the Russian pilots as they parachuted down after the hit on the Su-24…. Turkey, for all practical purposes, has been a handy, sprawling Salafi-jihadi Infrastructure and Logistics Center; it offers everything from porous borders enabling countless jihadi return tickets from Syria to Europe, facilitated by corrupt police, to a convenient crossroads for all kinds of smuggling and a hefty money laundering ops.” (Sultan Erdogan’s War on…Russia, Pepe Escobar, Sputnik)
  • Escobar sums up Ankara’s role in Syria as succinctly as anyone. Erdogan has been ISIS best friend, of that, there is little doubt. The problem that Turkey faces now is that the Russian-led coalition is rapidly destroying the infrastructure that provides funding for ISIS, (oil refineries, fields and transport) while gradually retaking territory that was formally-controlled by the many anti-regime or al Qaida-linked groups in the north, west and central parts of the country. In the last few days alone, Russia and Co. have concluded the encirclement of Syria’s biggest city, Aleppo, vaporized a convoy of over 500 oil trucks in the vicinity of Raqqa, and intensified their bombing in the Turkmen Mountains, the Kurdish Mountains, and the Prophet Jonah Mountains. The coalition has moved as far north as Azaz along the Turkish border and recaptured the strategic Aleppo-Raqqa highway which completely cuts off ISIS supply-route from the east in Raqqa. All of the recent progress comes in the wake of the retaking of the strategic Kuweris Airbase which was the tipping point in the 4 and a half year-long conflict. Now the Russian coalition has focused on closing the border, a move that will sever vital supply-lines to pro-Turkish militias operating in Syria and force the terrorists to either flee or surrender. Russian Foreign Minister Sergei Lavrov emphasized this point last week saying, “We are convinced that by blocking the border we will in many respects solve the tasks to eradicate terrorism on Syrian soil.”
  • Keep in mind, that Erdogan is not the only one with designs on the so-called “Afrin-Jarabulus corridor” east of the Euphrates. Powerful politicians in the US, including John McCain, Lindsay Graham, Jeb Bush, Hillary Clinton and others, have all alluded to this area as the most suitable location for a no-fly zone. And, despite the fact that Obama refuses to send US ground forces to fight in Syria, he has continued to fuel the conflict in other less conspicuous ways. Just last Wednesday, under the cover of the Thanksgiving holiday when the media was preoccupied with other matters, Obama signed the National Defense Authorization Act of 2016 which provides another $800 million in aid to armed extremists in Syria and Ukraine. The NDAA, which effectively prevents the closing down of US concentration camp at Guantanamo Bay (Gitmo), reflects Obama’s determination to continue Washington’s vicious policy in Syria which has resulted in the deaths of more than 250,000 and the displacement of 11 million more. This helps to explain why the Russian offensive has set alarms off in Washington; it’s because the US plan to establish a permanent staging ground for terrorists in N Syria is quickly going up in smoke.
  • Seen in this light, Obama’s recent request for Turkey to deploy “30,000 (troops) to seal the border on the Turkish side”, (See: Wall Street Journal) should be viewed with extreme skepticism. Clearly, Washington has not relented in its “Assad must go” policy at all, in fact, Obama reiterated that mantra less than a week ago. That means the Obama crew may be hoping that Turkish ground forces can succeed where his jihadi proxies failed, that is, that the 30,000 troops will be used to clear and hold a 60×20-mile stretch of Syrian territory that can be used as the proposed safe zone. All Turkey would need is a pretext to invade and a little bit of air cover from the USAF. It wouldn’t be the first time a false flag was used to start a war. The bottom line is this: Putin had better move quickly before Washington and Ankara get their ducks in a row and begin to mobilize. The time to seize the border is now.
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Putin Throws Down the Gauntlet - 0 views

  • Would you be willing to defend your country against a foreign invasion? That’s all Putin is doing in Syria. He’s just preempting the tidal wave of jihadis that’ll be coming his way once the current fracas is over.  He figures it’s better to exterminate these US-backed maniacs in Syria now than face them in Chechnya, St Petersburg and Moscow sometime in the future.  Can you blame him? After all, if Washington’s strategy works in Syria, then you can bet they’ll try the same thing in Beirut, Tehran and Moscow. So what choice does Putin have? None. He has no choice.  His back is against the wall. He has to fight.  No one in Washington seems to get this. They think Putin can throw in the towel and call it “quits” at the first sign of getting bogged down. But he can’t throw in the towel because Russia’s facing an existential crisis.  If he loses, then Russia’s going to wind up on the same scrap heap as Afghanistan, Iraq or Libya. You can bet on it. So the only thing he can do is win. Period. Victory isn’t an option, it’s a necessity.
  • Of course they’ve noticed. Everyone’s noticed. Everyone knows Washington is on the warpath and its leaders have gone stark raving mad. How could they not notice? But all that’s done is focus the mind on the task at hand, and the task at hand is to whoop the tar out of the terrorists, put an end to Washington’s sick little jihadi game, and go home. That’s Russia’s plan in a nutshell.  No one is trying to cobble together the long-lost Soviet empire. That’s pure bunkum.  Russia just wants to clean up this nest of vipers and call it a day. There’s nothing more to it than that. But what if the going gets tough and Syria becomes a quagmire? That doesn’t change anything, because Russia still has to win. If that means sending ground troops to Syria, then that’s what Putin will do. If that means asymmetrical warfare, like arming the Kurds or the Yemenis, or the Taliban or even disparate anti-regime Shiites in Saudi Arabia, then he’ll do that too. Whatever it takes. This isn’t a game, it’s a fight for survival; Russia’s survival as a sovereign country. That’s what the stakes are. That’s not something Putin takes lightly.
  • The reason I ask this now is because, on Tuesday, Secretary of State John Kerry is scheduled to attend an emergency meeting in Moscow with his Russian counterpart Sergei Lavrov to discuss issues that are too sensitive to reveal to the public. There’s a lot of speculation about what the two men will talk about, but the urgency and the secrecy of the meeting suggests that the topic will be one of great importance. So allow me to make a guess about what the topic will be. When Kerry arrives in Moscow tomorrow he’ll be rushed to meeting room at the Kremlin where he’ll be joined by Lavrov, Putin, Minister of Defense Sergey Shoygu and high-ranking members from military intelligence. Then, following the initial introductions, Kerry will be shown the evidence Russian intelligence has gathered on last Sunday’s attack on a Syrian military base east of Raqqa that killed three Syrian soldiers and wounded thirteen others. The Syrian government immediately condemned the attack and accused US warplanes of conducting the operation. Later in the day,  Putin delivered an uncharacteristically-harsh and threatening statement that left no doubt that he thought the attack was a grave violation of the accepted rules of engagement and, perhaps, a declaration of war.
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  • Why would an incident in the village of Ayyash in far-flung Deir Ezzor Province be so important that it would bring the two nuclear-armed adversaries to the brink of war? I’ll tell you why: It’s because there were other incidents prior to the bombing in Ayyash that laid the groundwork for the current clash. There was the ISIS downing of the Russian airliner that killed 224 Russian civilians. Two weeks after that tragedy, Putin announced at the G-20 meetings that he had gathered intelligence proving that 40 countries –including some in the G-20 itself–were involved in the funding and supporting of ISIS. This story was completely blacked out in the western media and, so far, Russia has not revealed the names of any of the countries involved. So, I ask you, dear reader, do you think the United States is on that list of ISIS supporters?
  • Then there was the downing of the Russian Su-24, a Russian bomber that was shot down by Turkish F-16s while it was carrying out its mission to exterminate terrorists in Syria. Many analysts do not believe that the   Su-24 could have been destroyed without surveillance and logistical support provided by US AWACs or US satellites. Many others scoff at the idea that Turkey would engage in such a risky plan without the go-ahead from Washington. Either way, the belief that Washington was directly involved in the downing of a Russian warplane is widespread. So, I ask you, dear reader, do you think Washington gave Turkey the greenlight? Finally, we have the aerial attack on the Syrian military base in Deir Ezzor, an attack that was either executed by US warplanes or US-coalition warplanes. Not only does the attack constitute a direct assault on the Russian-led coalition (an act of war) but the bombing raid was also carried out in tandem  with a “a full-scale ISIS offensive on the villages of Ayyash and Bgelia.”  The coordination suggests that either the US or US allies were providing  air-cover for ISIS terrorists to carry out their ground operations.  Author Alexander Mercouris– who is certainly no conspiracy nut–expands on this idea in a recent piece at Russia Insider which provides more detail on the incident. The article begins like this:
  • “Did Members of the US-Led Coalition Carry Out an Air Strike to Help ISIS? Russia Implies They Did. Russian statement appears to implicate aircraft from two member states of the US led coalition in the air strike on the Syrian military base in Deir az-Zor….This information – if it is true – begs a host of questions. Firstly, the Syrian military base that was hit by the air strike was apparently the scene of a bitter battle between the Syrian military and the Islamic State.  It seems that shortly after the air strike – and most probably as a result of it – the Islamic State’s fighters were able to storm it. Inevitably, that begs the question of whether the aircraft that carried out the air strike were providing air support to the fighters of the Islamic State. On the face of it, it looks like they were. After all, if what happened was simply a mistake, it might have been expected that the US and its allies would say as much.  If so, it is an extremely serious and worrying development, suggesting that some members of the US-led anti-Islamic State coalition are actually in league with the Islamic State.  (“Did Members of the US-Led Coalition Carry Out an Air Strike to Help ISIS?” Alexander Mercouris, Russia Insider)
  • So there it is in black and white. The Russians think someone in the US-led coalition is teaming up with ISIS. That should make for some interesting conversation when Kerry sashays into the Kremlin today. Does Kerry have any clue that Putin and his lieutenants are probably going to produce evidence that coalition warplanes were involved in the bombing of the Syrian military base?  How do you think he’ll respond to that news? Will he apologize or just stand there dumbstruck? And how will he react when Putin tells him that if a similar incident takes place in the future, Russian warplanes and anti-aircraft units are going to shoot the perpetrator down? If I am not mistaken, Kerry is in for a big surprise on Tuesday. He’s about to learn that Putin takes war very seriously and is not going to let Washington sabotage his plans for success. If Kerry’s smart, he’ll pass along that message to Obama and tell him he needs to dial it down a notch if he wants to avoid a war with Russia.
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    Article published just before Kerry's meeting with Lavrov, et al, after which Kerry announced that Assad stepping down is no longer a U.S. pre-condition of negotiating peace in Syria. It's important to keep in mind here that non-interference in the internal affairs of foreign nations is a fundamental tenet of international law, one that the U.S. regime change position on Syria openly flouted, as it did in Afghanistan, Iraq, and Libya. So what is behind Kerry's suddenly-acquired respect for the right of the people of Syria to choose their own leader? Mike Whitney offers us a smorgasbord of reasons in this article, all of which boil down to Russian blackmail, a threat to go public with incredibly damning information on what the U.S. and allies have been up to in Syria. This may be a turning point in the Syrian War, since the positions of the Gulf Coast Council (Saudi Arabia, Qatar, UAE, etc.) and the salafist jihadis they have supplied to take down Assad has been unequivocal insistence that Assad agree to step down as a precondition of negotiation.  I.e., the U.S. is forking away from the Gulf Coast Council/jihadi position. How will they react? 
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Israel: No proof to try 'terrorists' for arson attack - Al Jazeera English - 0 views

  • srael's defence minister said on Tuesday there was not enough evidence to prosecute the suspects in a deadly arson attack on a Palestinian home in the occupied West Bank in July. Moshe Yaalon told army radio he considered the firebomb attack in the village of Duma - which killed a toddler and his parents and left another child severely burned - a "Jewish terrorist act".
  • He added, however, evidence was still lacking nearly five months after the July 31 firebombing, despite the recent arrests of suspects in the case.
  • "We know who is responsible for this terrorist act, but do not have enough proof yet to try them," Yaalon said. Israel has come under heavy pressure to try those responsible for the deadly firebombing, with rights groups questioning the slow pace of investigations and contrasting it to the swift reaction often following alleged Palestinian attacks. On December 3, Israeli authorities said they had arrested a number of Jewish suspects over the attack. They have not been publicly identified and there has been no indication they have been charged. "Indictments are a rarity when Israeli soldiers or settlers resort to violence against Palestinians and investigations can last for years before being closed, absolving perpetrators of any wrongdoing," Brad Parker, attorney and international advocacy officer at Defence for Children International - Palestine, told Al Jazeera after the arrests.
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  • Eighteen-month-old Ali Saad Dawabsheh and his parents were killed in the attacks. The couple's four-year-old son was the sole survivor. A Star of David and the words "revenge" and "long live the Messiah" in Hebrew were spray-painted on a wall near the family's small house. The attack drew renewed attention to Jewish extremism and accusations that Israel had not done enough to prevent such violence.
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    Of course had it been an arson attack on a Jewish family by Palestinians, the Palestinians would have been summarily executed and their families punished by bulldozing their homes.
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Martin Shkreli Arrested on Securities Fraud Charges - 0 views

  • Martin Shkreli, a boastful pharmaceutical executive who came under withering criticism for price gouging vital drugs, denied securities fraud charges on Thursday following an early morning arrest, and was freed on a $5 million bond. While the 32-year-old has earned a rare level of infamy for his brazenness in business and his personal life, what he was charged with had nothing to do with skyrocketing drug prices. He is accused of repeatedly losing money for investors and lying to them about it, illegally taking assets from one of his companies to pay off debtors in another. “Shkreli essentially ran his company like a Ponzi scheme where he used each subsequent company to pay off defrauded investors from the prior company,” Brooklyn U.S. Attorney Robert Capers said at a press conference.
  • Evan Greebel, a New York lawyer, who is alleged in the federal indictment to have helped Shkreli in his schemes, was also arrested and charged. Like Shkreli, he pleaded not guilty, and he was freed on a $1 million bond. Both men and their lawyers declined to comment after their court appearance.
  • Read the full text of the indictment here In the federal indictment and a complaint by the Securities and Exchange Commission, authorities say Shkreli began losing money and lying to investors from the time he began managing money. In his mid-20s, he got nine investors to place $3 million with him and at one point he had only $331. Securities fraud is hardly unheard of on Wall Streeet and the amounts involved here are nowhere near on the scale of Bernie Madoff. But Shkreli’s case has drawn such attention because of his defiant price-gouging and his own up-by-the-bootstraps history. The son of immigrants from Albania and Croatia who did janitorial work and raised him and his brothers in working-class Brooklyn, Shkreli seemed at first to embody the American dream and then to mock it. After dropping out of an elite Manhattan high school, he worked as an intern for Jim Cramer’s hedge fund as a 17-year-old and quickly impressed with his ability to call stocks. He created hedge funds, taught himself biology and, after earning a BA at Baruch College in New York City, began hedge funds investing in biotech.
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  • He became famous within a certain world but entered public consciousness after he raised the price more than 55-fold for Daraprim in September from $13.50 per pill to $750. It is the preferred treatment for a parasitic condition known as toxoplasmosis, which can be deadly for unborn babies and patients with compromised immune systems including those with HIV or cancer. His company, Turing Pharmaceuticals AG, bought the drug, moved it to a closed distribution system and instantly drove the price into the stratosphere. He drew shocked rebukes from Congress, doctors and presidential candidates, and brought public attention to the rising prices of older drugs. Donald Trump called Shkreli a “spoiled brat,” and the BBC dubbed him the “most hated man in America.” Bernie Sanders, the Democratic presidential candidate, rejected a $2,700 campaign donation from him, directing it to an HIV clinic. A spokesman said the campaign would not keep money “from this poster boy for drug company greed.” All the criticism seemed at first to have some impact and Shkreli said he would lower the price. Then he reneged. When Hillary Clinton tried one more time last month to get him to cut the cost, he dismissed her with the tweet “lol.” At a Forbes summit in New York this month, wearing a hooded sweatshirt, he said if he could have done it over, “I probably would have raised the price higher,” adding, “My investors expect me to maximize profits.”
  • Shkreli did further damage to his public image with other acts and boasts. He spent millions on the only copy of a Wu-Tang Clan album that music fans are desperate to hear and then told Bloomberg Businessweek that he had no immediate plans to listen to it. He takes often to Twitter and message boards, bragging about his business strategies, musical tastes and politics; he live-streams from his office for long stretches. The SEC complaint and federal indictment lay out a series of schemes and cover-ups carried out by Shkreli. Capers said authorities began investigating him as early as 2014.
  • Barely 23, he was managing hedge fund Elea Capital in New York and lost it all in 2007. Around then, a trade with Lehman Brothers ended with a $2.3 million judgment against him, prosecutors said. In 2010, he lost his clients’ $3 million investment in his new fund, MSMB Capital. In 2011, he bet that shares of Orexigen Therapeutics Inc. would fall and wound up owing $7 million to his broker, Merrill Lynch, authorities said. He couldn’t pay, and he, an unnamed accomplice and MSMB Capital eventually extinguished the debt with a $1.35 million settlement, they said. Part of that money came from his next firm, authorities said. After the collapse of MSMB Capital, Shkreli launched MSMB Healthcare with about $5 million from 13 investors. He paid himself “far in excess” of the agreed-upon 1 percent management fee and 20 percent profit incentive, according to the SEC.
  • Shkreli then used cash from MSMB Healthcare to invest in Retrophin, the pharmaceutical company he founded in 2011, even though it “had no products or assets,” prosecutors said. Later, he used the assets of Retrophin to repay angry investors in his hedge funds, prosecutors said. Shkreli is confident that he will be cleared of the charges, according to a statement on his behalf. Shkreli is particularly disappointed that his litigation with Retrophin has become a government enforcement matter, according to the statement. He also denied the charges regarding the MSMB entities, which he said involve complex accounting matters that prosecutors and the SEC fail to understand, according to the statement. “It is no coincidence that these charges, the result of investigations which have been languishing for considerable time, have been filed at the same time of Shkreli’s high-profile, controversial and yet unrelated activities,” according to the statement. “The government suggested that Mr. Shkreli was involved in a Ponzi scheme. Ponzi victims do not make money, yet Mr. Shkreli’s investors enjoyed strong results.”
  • As Shkreli’s losses mounted, so did his lies. He fabricated portfolio statements and, with his lawyer’s help, deceived the SEC and outside accountants. He backdated records, manufactured a phony loan agreement between Retrophin and a hedge fund, and created sham consulting agreements with Retrophin as a way to route the company’s cash to his earlier investors. Greebel, the arrested lawyer, made sure Retrophin’s outside accountants were unaware of Shkreli’s financial maneuvers and helped him concoct the consulting agreements used to repay the hedge fund investors, the U.S. said. The cases mirror a lawsuit brought by Retrophin. Shkreli blithely dismissed his old company’s claims, saying, “The $65 million Retrophin wants from me would not dent me. I feel great. I’m licking my chops over the suits I’m going to file against them.” Earlier, he had denied wrongdoing in a post on InvestorsHub after Retrophin disclosed it had received a subpoena from federal prosecutors and the preliminary findings from its own investigation of Shkreli. He called the company’s allegations “completely false, untrue at best and defamatory at worst.”
  • “Every transaction I’ve ever made at Retrophin was done with outside counsel’s blessing,” he said on the investment blog in February, without identifying the lawyers. When Shkreli was working for Cramer’s firm, he was still a teenager. After recommending successful trades, Shkreli eventually set up his own hedge fund, quickly developing a reputation for trashing biotechnology stocks in online chatrooms and shorting them, to enormous profit. Widely admired for his intellect and sharp eye, he set up Retrophin to develop drugs and acquire older pharmaceuticals that could be sold for higher profits. Turing, which is less than a year old and has raised $90 million in financing, has followed a similar strategy with the purchase of drugs, including Daraprim. Shkreli recently bought a majority stake in KaloBios Pharmaceuticals Inc. after Turing received a warning from the New York attorney general that the distribution network for Daraprim may violate antitrust laws. State officials made their concerns known to Turing and Shkreli in an Oct. 12 letter obtained by Bloomberg.
  • KaloBios recently acquired the license for benznidazole, a standard treatment for Chagas, a deadly parasitic infection most common in South and Central America. The firm announced plans to increase the cost from a couple hundred dollars for two months to a pricing structure like that for hepatitis-C drugs, which can run to nearly $100,000 for 12 weeks.
  • With the federal charges and regulatory actions, Shkreli could be banned from running a public company, which could put the future of KaloBios into question. Trading in KaloBios shares was halted after the stock fell 53 percent. It’s less clear what the impact could be on Turing, which is closely held.
  • Federal authorities will have to ask a judge to impose an asset freeze if they want to guarantee Shkreli doesn’t dispose of ill-gotten gains. The charges suggest that a small group of health-care firms—ones that acquire the rights to drugs and significantly increase their prices—is drawing the scrutiny of regulators and prosecutors, with a possible chilling effect on aggressive drug-pricing strategies. Legislators are already paying attention. A hearing of the Senate Special Committee on Aging on Dec. 9 scrutinized such tactics. Before Shkreli started Turing, Retrophin raised the price of Thiola, used to treat a rare condition causing debilitating recurrences of kidney stones, from $1.50 a pill to $30. “Some of these companies seem to act more like hedge funds than traditional pharmaceutical companies,” said Senator Susan Collins, a Maine Republican who ran the recent hearing. George Scangos, CEO of biotechnology giant Biogen Inc., went further, saying in an interview, “Turing is to a research-based company like a loan shark is to a legitimate bank.”
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    Couldn't happen to a nicer guy.
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US Invasion of Syria Begins | nsnbc international - 0 views

  • As previously warned about in June of 2015, the United States has announced that it will officially begin ground operations in Syria through the use of special forces. The Washington Post in its article, “Obama seeks to intensify operations in Syria with Special Ops troops,”would report that:
  • President Obama is sending a small number of Special Operations troops to northern Syria, marking the first full-time deployment of U.S. forces to the chaotic country.  The mission marks a major shift for Obama, whose determination to defeat the Islamic State in Iraq and Syria has been balanced by an abiding worry that U.S. troops not be pulled too deeply into the in­trac­table Syrian conflict.  The latest deployment will involve fewer than 50 Special Operations advisers, who will work with resistance forces battling the Islamic State in northern Syria but will not engage in direct combat, Obama administration officials said.
  • Unfortunately for US policymakers, it is no longer only Syria that US special forces and accompanying airpower must worry about. Russia, by invitation of Damascus, is now operating militarily across Syria, including along Turkey’s border where the US has long sought to establish its “safe zones.” The US has openly committed to the invasion and occupation of Syrian territory. It does so with the intent of carving Syria up into a series of dysfunctional, weak zones to literally “deconstruct” Syria as a functioning nation-state. It is doing this unable to cite any credible threat Syria poses to US national security and without any semblance of a mandate granted by the United Nations. It also does so with the prospect of triggering direct war with nuclear-armed Russia in a region Russia is operating legally.
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  • While the US claims this move is to “defeat the Islamic State (ISIS),” it is instead clearly a move to establish long-sought “buffer zones” or “safe zones” in Syria where the Syrian government can no longer operate. US airpower will also undoubtedly be used to cover these special forces, creating a defacto no-fly-zone wherever they operate. The map accompanying the Washington Post article clearly shows ISIS territory straddling the last remaining supply corridor being used to supply the terror group as well as others including Al Qaeda’s al Nusra Front from NATO-member Turkey’s territory. US special forces will likely begin operating in these areas, and zones carved out as US operations expand. The eventual outcome, if these operations are successful, will be the division and destruction of Syria as a nation-state. This is more than mere speculation – this is a conclusion drawn by signed and dated policy papers produced by the Brookings Institution, who has called for such zones since as early as 2012, but under different contrived pretexts.
  • America’s latest actions are a desperate move sought by an increasingly hysterical political and corporate-financier establishment in Washington and on Wall Street. Recent hearings conducted by the US Senate Committee on Armed Services have struggled to produce a credible response to America’s unraveling criminal conspiracy aimed at Syria, particularly in the wake of Russia’s recent intervention. The committee and witnesses brought before it, have struggled to formulate a response – however – no-fly-zones and US troops on the ground have been discussed at length. It is a poorly calculated bluff. The presence of US special forces and US airpower operating illegally in and above Syria, meant to deny Syria access to its own territory will take time to implement. The official number of US special forces being sent into Syria is said to not exceed 50. Syria and its allies could insert an equal or larger number of forces into these same areas to essentially create a “safe zone” from “safe zones.” Bringing America’s illegal actions before the UN would also be a sound measure ahead of potential confrontations with US forces operating uninvited in Syria. The premise that ISIS must be fought and defeated by striking them in Iraq and Syria is betrayed by America’s own admission that the organization has already spread far beyond the borders of either nation. ISIS is clearly not supporting itself on the limited resources found within either country. Were the US truly interested in stopping ISIS, it would strike at its sponsors in Ankara and Riyadh. Of course, it was clear, well over a year ago, that the appearance of ISIS would be used intentionally to accomplish US geopolitical objectives in both Syria and Iraq, serving as a pretext for wider, long-sought after direct Western military intervention.
  • The myth that dividing and destroying Syria while deposing its sitting government will somehow alleviate the violence in Syria and reduce the ongoing migrant crisis Europe faces, is betrayed by the fact that a similar premise used to sell intervention in Libya has only led to greater chaos in North Africa, and the creation of the migrant crisis in the first place. If the world, including Europe, seeks to prevent the spread of ISIS and the expansion of an already growing migrant crisis, stopping the United States and its partners before they create another “Libya” in the Levant must become top priority. And while it is unlikely that Europe will show any resolve in doing so, it would be hoped that Syria and its allies realize the consequences of failing now, at this juncture, and to whom’s borders the chaos will attempt to cross over into next.
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A Simple Solution to Puerto Rican Debt Crisis | Al Jazeera America - 0 views

  • While Puerto Rican leaders look for ways to address the island’s $72 billion debt, some say the solution may be simple: Don’t pay it. A small group of Puerto Rican lawmakers is pushing the idea that significant portions of Puerto Rico’s debt may in fact be unconstitutional. Manuel Natal, one of the legislators behind the effort, claims that up to 75 percent of what the island owes could be voided in court. “If debt was issued in violation of the constitution that debt is illegal and subsequently should not be paid,” said Natal. “It should be put aside, because in legal terms, it’s like it never happened.” This strategy, called “debt nullification,” has been used elsewhere in the U.S. to address fiscal crises. But in Puerto Rico's case, it all but promises a legal showdown with Wall Street hedge funds that own a significant portion of the island’s debt — investors that the government is now trying to bargain with. While Puerto Rico Governor Alejandro García Padilla has acknowledged that debt found to be unconstitutional should not be repaid, his administration has tried nearly every other option so far.
  • After the White House quickly dismissed talk of a federal bailout, Puerto Rico’s government, and its congressional representative Luis Pierlusi, have pushed a bill to allow the U.S. territory access to bankruptcy proceedings. That bill has stalled in the Congress. Meanwhile, talks with a group of hedge funds were suspended. The gridlock over Puerto Rico’s fiscal crisis has led many to wish the debt would simply disappear. Now, that might actually be possible.
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    Later in the article, the reasoning behind the argument that 3/4 of the debt is unconstitutional: the Puerto Rico legislature ignored a constitutional provision limiting annual debt to 15% of revenue, creating a dodgy organization serviced by a sales tax to evade the limit.   'Twould be pleasant to see some vulture capitalists get burned. 
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Hillary's Lies and the Benghazi Attack | nsnbc international - 0 views

  • Hillary Clinton’s Benghazi testimony on Thursday certainly confirmed suspicions that she knew that the September 11, 2012 attack on the US Consulate was not a spontaneous protest by individuals enraged by an anti-Muslim video. Rather, as the emails she fought so fiercely to protect from public disclosure reveal, the attack was a pre-planned operation, involving fore- knowledge by the assailants of the whereabouts of Ambassador Christopher Stevens, among other details.
  • Clinton and the Obama Administration had attempted to place the blame for the attack, which resulted in the deaths of Ambassador Stevens and three other Americans, on an unplanned protest, a “spontaneous mob.” However, knowing that Clinton and other Administration officials lied extensively as to the genesis of the attack raises further questions. According to the Wall Street Journal, Clinton lied in order to “attempt to avoid blame for a terror attack in a presidential re-election year”  The WSJ article maintains that the House Select Committee on Benghazi, chaired by Representative Trey Gowdy, has ferreted out the deception. “What that House committee did Thursday was finally expose the initial deception,” writes WSJ reporter Kimberley Strassel.
  • It is known now, through the subsequent email and cable releases, that the responsibility for the attack was claimed by Ansar al Sharia, al Qaeda’s affiliate on the Arabian Peninsula. In an email to her daughter Chelsea, sent at 11:12 pm the night of the attack, Hillary Clinton wrote: “Two of our officers were killed in Benghazi by an Al Queda-like group.” Not by a spontaneous mob, protesting a YouTube video. But by a group which has already been exposed as having deep and covert ties to the United States intelligence agencies. Questions must be addressed as to why the Benghazi compound was not guarded. US Embassies abroad are known to be protected by an elite corps of US Marines. Known as the MSG (Marine Security Group), this elite group is pledged to protect US information and persons in Embassies and Consulates.
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    There's also an unanswered question why the consulate's existence had not been reported to the Libyan government, a serious breach of protocol for an official "consulate." (The article incorrectly refers to it as an "embassy," but the U.S. Embassy in Libya was in Tripoli. Seymour Hersh reported that Ambassador Stevens' role was only to provide political cover for a CIA team that was working on collecting and shipping via a "ratline"  Libyan weapons left from the Gadaffi government's military to Syria. Stevens was the logical choice, having served earlier in the year at Benghazi as the State Department's Special Representative to the Libyan National Transitional Council (from March 2011 to November 2011) during the Libyan "revolution." During the "revolution" the Transitional Council was located in Benghazi, the unofficial transitional capital of Libya while the war progressed. In other words, Stevens already had connections with the forces that overthrew Gaddafi, so would be able to pull strings to get access to the weapons. The lack of Marine guards is probably best explained by the fact that Stevens' mission was essentially clandestine.   
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Afghan defense minister says Taliban hid in bombed hospital - 0 views

  • Afghanistan's acting defense minister said Monday that the Doctors Without Borders hospital bombed by U.S. forces in the northern city of Kunduz was being used by insurgents as a "safe place." The hospital was bombed by a U.S. AC-130 gunship in the early hours of Oct. 3, killing at least 22 people and wounding many more. The main building was destroyed and the hospital has been shut down. "That was a place they wanted to use as a safe place because everybody knows that our security forces and international security forces were very careful not to do anything with a hospital," Defense Minister Masoom Stanekzai told The Associated Press, adding that a Taliban flag had been mounted on one of the hospital's walls.
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    That's a public relations defense, not a legal defense to a war crime. Hospitals with staff and patients are strictly off-limits as targets during wartime. Notably, even if one took what Stanekzai said at face value, it constitutes an admission that the Taliban were using the hospital as a safe harbor, not as a fortification from which to direct fire. But he could also be sweeping in wounded Taliban who were among the patients being treated. Would the fact that American troops are being treated for wounds in an Afghan hospital be viewed as making it permissible for the Taliban to target the hospital for rocket fire? Hardly. 
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Holder Defends Record of Not Prosecuting Financial Fraud - 0 views

  • Former attorney general Eric Holder was the honored guest at a Reporters Committee for Freedom of the Press reception on Wednesday (leading investigative reporter Murray Waas to reasonably wonder: How’s that again?). And while I was primarily interested in hearing whether Holder regretted whiffing on torture prosecutions during his tenure (see story: “Holder, Too Late, Calls for Transparency on DOJ Torture Investigation”), I also asked him about whiffing on financial fraud prosecutions. Specifically, I noted his failure to hold accountable the people responsible for the wide-scale financial fraud that led to the massive economic recession of 2007-2009. And I noted that after he stepped down from his post in April, he went back to his job at Covington & Burling, the gigantic D.C. law firm whose clients have included many of the big banks that Holder chose not to prosecute. (The reception was actually held at Covington & Burling’s swanky new building downtown. While it was being built — while Holder was still attorney general! — the firm actually kept an 11th-story corner office reserved for his return. He was making over $3 million a year from the firm before his sojourn at the Justice Department; his current salary has not been disclosed.)
  • Holder bristled at my suggestion that there might be a connection between his current employer and his conduct at Justice, saying that many top prosecutors at Justice had pursued cases as best they could. “We were simply unable to do it under the existing statutes that we had, and given the ways the decision-making worked at those institutions,” he said. However, Holder had all the statutory authority he needed to prosecute straightforward crimes such as robosigning fraud, perjury in front of Congress by Goldman Sachs executives, or for that matter, HSBC’s money laundering for Mexican drug cartels. He simply chose not to. (In response to another questioner, he denied that any of his decisions not to prosecute were based on the massive legal teams that were fielded against the government.) Moreover, he actively waved off offers of additional help such as the suggestion from Sen. Sherrod Brown, D-Ohio, that Congress give him more staff for his Residential Mortgage-Backed Securities Working Group, or extend the statute of limitations on some crimes. At Wednesday’s event, Holder continued: “It’s an easy thing for people who are not a part of the process” to “ask questions,” he said. “It pisses me off, on the other hand,” for people “not conversant” in the process to “somehow say that I did something that was inconsistent with my oath or that I’m not a person of integrity.” “I’m proud to be back at the firm,” he said. “It’s a great firm. And I’m proud of the work I did at the Justice Department.”
  • Holder’s comment was only the most recent in a series of pronouncements from formerly powerful government officials that they were in fact powerless — while talking tough once they no longer have the ability to do anything about it. See, for instance, my colleague David Dayen’s recent article, “Bernanke Talks Tough But Was Weak When It Mattered,” about former Federal Reserve chair Ben Bernanke saying that more Wall Street executives should have gone to jail for criminal misconduct that led to the financial crisis. As Fed chair, Beranke could have initiated criminal referrals to the Justice Department, but chose not to. As attorney general, Holder could have made pursuing financial fraud a top priority. And he did not.
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PLO: France to submit Security Council resolution on international protection force at ... - 0 views

  • France will present a Security Council resolution this week on behalf of the Palestinian leadership calling for international observers deployed in Jerusalem, according to senior Palestinian official and member of the PLO executive committee Hanan Ashrawi. The proposal will seek a civilian monitoring force at the Noble Sanctuary, the holy complex that houses the Muslim sites the Dome of the Rock and the al-Asqa Mosque, and the Jewish sacred site the Western Wall and the location of two ancient synagogues, called the Temple Mount. It is expected to be similar to an Oslo Accords agreement between Israeli and Palestinian leaders to station in Hebron 150 international civilian observers with no mandate for intervention. Speaking at a briefing in Ramallah today Ashrawi said the draft resolution would be limited to “dealing with the current situation and therefore including observers and condemning the settlements and settlement activities,” noting, “it is not a political initiative that is comprehensive.” The proposal is scheduled for a vote at the Security Council “before Thursday,” Ashrawi said.
  • Both the Israel and the U.S. have come out against the resolution, condemning any effort to bring new parties into the now tenuous accord between Israel and Jordan, where Jordan is licensed to safeguard the holy sites plaza. Two weeks ago Jordan announced it would consider recalling its ambassador from Israel, in light of Israeli forces firing dispersants into the mosque during clashes with Palestinian protesters.
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Fresno Police Roll Out Dystopian 'Threat Ranking' System - 0 views

  • “On 57 monitors that cover the walls of the center, operators zoomed and panned an array of roughly 200 police cameras perched across the city. They could dial up 800 more feeds from the city’s schools and traffic cameras, and they soon hope to add 400 more streams from cameras worn on officers’ bodies and from thousands from local businesses that have surveillance systems.” Though the intricate surveillance apparatus described above seems straight from a dystopic novel, it is actually the Washington Post’s recent description of the the visual data collection system employed by a local California police department. The police department in Fresno, California, has taken extreme measures to combat high rates of crime in the city. As the Post reports, Fresno’s Real Time Crime Center, buried deep in the police station’s headquarters, has developed as a response to what many police call increasing threats. The system, according to police officials, can “provide critical information that can help uncover terrorists or thwart mass shootings, ensure the safety of officers and the public, find suspects, and crack open cases” — a feature they say is increasingly important in the wake of events like the November terror attack in Paris and the San Bernardino shooting last month.
  • “Our officers are expected to know the unknown and see the unseen,” Fresno Chief of Police Jerry Dyer said. “They are making split-second decisions based on limited facts. The more you can provide in terms of intelligence and video, the more safely you can respond to calls.” Programs similar to the Real Time Crime Center have launched in New York, Houston, and Seattle over the course of the last decade. Nationwide, the use of Stingrays, data fusion centers, and aerial drone surveillance have broadened the access local police have to private information. In another example, the FBI is continually developing a comprehensive biometric database that local police access every day. “This is something that’s been building since September 11,” says Jennifer Lynch, a senior attorney at the Electronic Frontier Foundation. Like the problem of police militarization, Lynch traces the trend back to the Pentagon: “First funding went to the military to develop this technology, and now it has come back to domestic law enforcement. It’s the perfect storm of cheaper and easier-to-use technologies and money from state and federal governments to purchase it.”
  • While many of these programs may fail to shock Americans, one new software program takes police scrutiny of private citizens to a new level. Beware, a software tool produced by tech firm Intrado, not only surveils the data of the citizens of Fresno, the first city to test it — it calculates threat levels based on what it discovers. The software scours arrest records, property records, Deep Web searches, commercial databases, and social media postings. By this method, it was able to designate a man with a firearm and gang convictions involved in a real-time domestic violence dispute as the highest of three threat levels: a bright red ranking. Fresno police say the intelligence from Beware aided them, as the man eventually surrendered and officers found he was armed with a gun. Beware scours billions of data points to develop rankings for citizens, and though few recoil at the thought of catching criminals and miscreants, the program provides particular cause for concern because of both its invasiveness and its fallibility.
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  • These shortcomings have sparked concern among Fresno’s city council members, who discussed the issue at a meeting in November. At that meeting, one council member cited an incident where a girl who posted on social media about a card game called “Rage” was consequently given an elevated threat ranking — all because “rage” could be a triggering keyword for Beware. At that same meeting, libertarian-leaning Republican councilman Clinton J. Olivier asked Chief Dyer to use the technology to calculate his threat level. In real-time, Olivier was given a green, or non-threatening ranking, but his home received a yellow, or medium, threat ranking. It was likely due to the record of his home’s prior occupant. “Even though it’s not me that’s the yellow guy, your officers are going to treat whoever comes out of that house in his boxer shorts as the yellow guy,” Olivier told Dyer. “That may not be fair to me.” He added later, “[Beware] has failed right here with a council member as the example.” “It’s a very unrefined, gross technique,” Fresno civil rights attorney, Rob Nabarro, has said of Beware’s color-coded levels. “A police call is something that can be very dangerous for a citizen,” he noted, echoing Olivier’s worries.
  • Further, though Fresno police use Beware, they are left in the dark about how it determines rankings. Intrado designates the method a “trade secret,” and as such, will not share it with the officers who use it. This element of the software’s implementation has concerned civil rights advocates like Nabarro. He believes the secrecy surrounding the technology may result in unfair, unchecked threat rankings. Nabarro cautioned that between the software’s secrecy and room for error, Beware could accidentally rank a citizen as dangerous based on, for example, posts on social media criticizing police. This potential carries with it the ability for citizens to be punished not for actual crimes, but for exercising basic constitutional rights. Further, it compromises the rights of individuals who have been previously convicted of crimes, potentially using past behavior to assume guilt in unrelated future incidents. Chief Dyer insists concerns are exaggerated and that a particular score does not guarantee a particular police response. Police maintain the tools are necessary to fight crime. Nevertheless, following the heated November meeting, Dyer suggested he would work to turn off the color-coded threat ranking due to citizens’ concerns. “It’s a balancing act,” he admitted.
  • It remains to be seen if Fresno police and residents will move forward with the technology or shut it down over privacy concerns. City officials in Oakland, California, for example, recently scaled back plans to establish a Real Time Crime Center after outraged citizens protested. At the very least, as Northern California ACLU attorney Matt Cagle said, “[W]henever these surveillance technologies are on the table, there needs to be a meaningful debate. There needs to be safeguards and oversight.”
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    Claiming trade secrecy for the software's selection criteria for threat ranking actually constitutes policy policy, the trade secrecy claim would probably not survive judical review. It's at least arguably an unconstitutional delegation of a government function (ranking citizens as threats) to a private company. Police departments in Florida were sued to produce records of how a related surveillance device, the Stingray IMSI device that intercepts cell phone calls by mimicking a cell-phone tower, and only averted court-ordered disclosure of its trade secret workings by the FBI swooping in just before decision to remove all the software documentation from local police possession, custody, and control.    There is a long chain of case law holding that information that is legitimately trade secret and proprietary loses that protection if adopted by local or federal government as law. With a software program that classifies citizens as threats for governmental purposes if they meet the program's selection criteria, the software is performing a strictly governmental function that is in reality law. 
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Putin's Progress in Syria Sends Kerry Scampering to the United Nations - 0 views

  • And, keep in mind, Kerry didn’t drag his case before the UN Security Council because he’s serious about a negotiated settlement or peace. That’s baloney. What Kerry wants is a resolution that will protect the groups of US-backed jihadis on the ground from the Russian-led offensive. That’s what’s really going on. The Obama administration sees the handwriting on the wall. They know that Russia is going to win the war, so they’ve settled on a plan for protecting their agents in the field. That’s why the emphasis is on a ceasefire; it’s because Kerry wants a  “Timeout” so his Sunni militants can either regroup or retreat.  Just take a look at this short excerpt from the UN’s summary of last Friday’s confab and you’ll see Kerry’s really up-to:
  • The truth is the Obama administration is just as committed to toppling Assad as ever. Kerry was just misleading Putin to get his approval for his ridiculous resolution at the UN.  As a result, Assad’s name was never mentioned in the resolution which,  Kerry seems to think, is a big victory for the US. But it’s not a victory, in fact, all of Russia’s demands were met in full through the passing of UN Resolution  2254 (three resolutions were passed on Friday) which reiterates all Putin’s demands dating back to the Geneva Communique’ of 2012.  Assad was never mentioned in 2254 either, because naming the president wasn’t necessary to establish the conditions for 1–a transitional government, 2–outlining the terms for a new constitution and  a non-Islamist Syrian state, and 3—free and fair elections to ensure the Syrian people control their own future. In 2012, the US rejected these three provisions saying that the would not agree unless Assad was excluded from participating in the transitional government. Now the US has reversed its position on Assad which means that 100 percent of Moscow’s demands have been met.  UN Resolution  2254 is complete capitulation on the part of the US. It is a humiliating diplomatic defeat which no one in the media is even willing to acknowledge.
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    Great catch from Marbux. If the opening statement in this article doesn't get your attention, nothing will. ""It is remarkable that western leaders only remember the term ceasefire when their rebels on the ground are losing. Why didn't they see the need for peace in Syria before the Russian operation started?" - Iyad Khuder, Damascus-based political analyst Imagine if the American people elected a president who was much worse than George W. Bush or Barack Obama. A real tyrant. Would that be sufficient justification for someone like Vladimir Putin to arm and train Mexican and Canadian mercenaries to invade America, kill US civilians, destroy cities and critical infrastructure, seize vital oil refineries and pipeline corridors, behead government officials and prisoners they'd captured, declare their own independent state, and do everything in their power to overthrow the elected-government in Washington? Of course not. The question is ridiculous. It wouldn't matter if the US president was a tyrant or not, that doesn't justify an invasion by armed proxies from another country.  And yet, this is precisely the policy that US Secretary of State John Kerry defended at the United Nations on Friday.  Behind all the political blabber about a "roadmap to peace", Kerry was tacitly defending a policy which has led to the deaths of 250,000 Syrians and the destruction of the country."
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    The Hersh article is at http://www.lrb.co.uk/v38/n01/seymour-m-hersh/military-to-military It's well worth the read.
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The Citadel Is Breached: Congress Taps the Fed for Infrastructure Funding | WEB OF DEBT... - 0 views

  • In a landmark infrastructure bill passed in December, Congress finally penetrated the Fed’s “independence” by tapping its reserves and bank dividends for infrastructure funding. The bill was a start. But some experts, including Congressional candidate Tim Canova, say Congress should go further and authorize funds to be issued for infrastructure directly. For at least a decade, think tanks, commissions and other stakeholders have fought to get Congress to address the staggering backlog of maintenance, upkeep and improvements required to bring the nation’s infrastructure into the 21st century. Countries with less in the way of assets have overtaken the US in innovation and efficiency, while our dysfunctional Congress has battled endlessly over the fiscal cliff, tax reform, entitlement reform, and deficit reduction. Both houses and both political parties agree that something must be done, but they have been unable to agree on where to find the funds. Republicans aren’t willing to raise taxes on the rich, and Democrats aren’t willing to cut social services for the poor.
  • In December 2015, however, a compromise was finally reached. On December 4, the last day the Department of Transportation was authorized to cut checks for highway and transit projects, President Obama signed a 1,300-page $305-billion transportation infrastructure bill that renewed existing highway and transit programs. According to America’s civil engineers, the sum was not nearly enough for all the work that needs to be done. But the bill was nevertheless considered a landmark achievement, because Congress has not been able to agree on how to fund a long-term highway and transit bill since 2005. That was one of its landmark achievements. Less publicized was where Congress would get the money: largely from the Federal Reserve and Wall Street megabanks. The deal was summarized in a December 1st Bloomberg article titled “Highway Bill Compromise Would Take Money from US Banks”: The highway measure would be financed in part by a one-time use of Federal Reserve surplus funds and by a reduction in the 6 percent dividend that national banks receive from the Fed. . . . Banks with $10 billion or less in assets would be exempt from the cut. The Fed’s surplus capital comes from the 12 reserve banks. The highway bill would allow for a one-time draw of $19 billion from the surplus, which totaled $29.3 billion as of Nov. 25. . . . Banks vigorously fought the dividend cut, which was estimated to generate about $17 billion over 10 years for the highway trust fund.
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Gina Haspel CIA Torture Cables Declassified | National Security Archive - 0 views

  • Current CIA director Gina Haspel described graphic acts of deliberate physical torture including the waterboarding of a suspected Al-Qa’ida terrorist under her supervision when she was chief of base at a CIA black site in Thailand in 2002, according to declassified CIA cables – most of which she wrote or authorized – obtained by the National Security Archive through a Freedom of Information Act lawsuit and posted on the Web today. The Haspel cables detail conditions the public has only seen in the infamous Abu Ghraib photographs from Iraq of detainees hooded and shackled, forced nudity, wall slamming, and box confinement, as well as “enhanced techniques” never photographed such as the simulated drowning of suspects on the waterboard. Waterboarding is a war crime under both U.S. and international law, dating back to U.S. prosecution of Japanese solders for torturing U.S. POWs during World War II.[1]
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Special Investigation: How America's Biggest Bank Paid Its Fine for the 2008 Mortgage C... - 0 views

  • ou know the old joke: How do you make a killing on Wall Street and never risk a loss? Easy—use other people’s money. Jamie Dimon and his underlings at JPMorgan Chase have perfected this dark art at America’s largest bank, which boasts a balance sheet one-eighth the size of the entire US economy.1 After JPMorgan’s deceitful activities in the housing market helped trigger the 2008 financial crash that cost millions of Americans their jobs, homes, and life savings, punishment was in order. Among a vast array of misconduct, JPMorgan engaged in the routine use of “robo-signing,” which allowed bank employees to automatically sign hundreds, even thousands, of foreclosure documents per day without verifying their contents. But in the United States, white-collar criminals rarely go to prison; instead, they negotiate settlements. Thus, on February 9, 2012, US Attorney General Eric Holder announced the National Mortgage Settlement, which fined JPMorgan Chase and four other mega-banks a total of $25 billion.2 JPMorgan’s share of the settlement was $5.3 billion, but only $1.1 billion had to be paid in cash; the other $4.2 billion was to come in the form of financial relief for homeowners in danger of losing their homes to foreclosure. The settlement called for JPMorgan to reduce the amounts owed, modify the loan terms, and take other steps to help distressed Americans keep their homes. A separate 2013 settlement against the bank for deceiving mortgage investors included another $4 billion in consumer relief.3 A Nation investigation can now reveal how JPMorgan met part of its $8.2 billion settlement burden: by using other people’s money.4 Here’s how the alleged scam worked. JPMorgan moved to forgive the mortgages of tens of thousands of homeowners; the feds, in turn, credited these canceled loans against the penalties due under the 2012 and 2013 settlements. But here’s the rub: In many instances, JPMorgan was forgiving loans on properties it no longer owned.5 The alleged fraud is described in internal JPMorgan documents, public records, testimony from homeowners and investors burned in the scam, and other evidence presented in a blockbuster lawsuit against JPMorgan, now being heard in US District Court in New York City.6 JPMorgan no longer owned the properties because it had sold the mortgages years earlier to 21 third-party investors, including three companies owned by Larry Schneider. Those companies are the plaintiffs in the lawsuit; Schneider is also aiding the federal government in a related case against the bank. In a bizarre twist, a company associated with the Church of Scientology facilitated the apparent scheme. Nationwide Title Clearing, a document-processing company with close ties to the church, produced and filed the documents that JPMorgan needed to claim ownership and cancel the loans.
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Another Unnecessary War - LobeLog - 0 views

  • The writing is already on the wall: Israel will soon launch a military operation in Lebanon. Not a targeted attack on a weapons convoy or factory, but a simultaneous attack on Hezbollah’s missile production and launch sites. The operation will take place at the same time as, or immediately after, a series of assassinations of known Hezbollah operatives. That organization will, of course, react by launching a massive missile barrage at population centers in Israel, and Hamas may contribute its share in the south. Last week we were informed that missile interceptor systems have already been deployed throughout the country as part of a joint “drill” between the IDF and the U.S. military. Washington has already given a green light, or so we learn from Thomas Friedman’s most recent column — a faithful mouthpiece of American foreign policy.
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Summary: Office of Inspector General Report on Andrew McCabe's Firing and Response by M... - 0 views

  • On March 16, Attorney General Jeff Sessions fired FBI Deputy Director Andrew McCabe hours before McCabe's retirement, allegedly for showing a lack of candor under oath. A week later, McCabe penned a response in the Washington Post, calling the accusation “not true.” He stated that he “did not knowingly mislead or lie to investigators,” and that, at worst, he “was not clear in [his] responses.” On Friday, April 13, the Department of Justice’s Office of the Inspector General (OIG) released a report on the allegations related to McCabe, concluding that he “lacked candor, including under oath, on multiple occasions in connection with describing his role in connection with a disclosure to the [Wall Street Journal]” in violation of FBI policy, and that his “disclosure of the existence of an ongoing investigation in the manner described in this report violated the FBI’s and the Department’s media policy and constituted misconduct.” The report makes no comment on whether McCabe's dismissal was justified. McCabe’s lawyer, Michael Bromwich, quickly responded with a statement refuting the claims in the OIG report.
  • McCabe’s lawyer, former Justice Department Inspector General Michael Bromwich, responded to the OIG report in a statement released on Friday. Bromwich expresses concerns about the speed at which the process of McCabe’s dismissal proceeded, describing the “rush to termination” as “nothing short of extraordinary.” He disputes the lack of candor findings, which he also discusses in more depth in a separate statement described below.
  • The report on McCabe is only part of a larger investigation by the OIG. Justice Department Inspector General Michael E. Horowitz is reportedly planning to release a broader report on the FBI’s actions during the 2016 election in the coming weeks.
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'NY Times' ignores Israeli at heart of NY hedge fund bribery scandal in Africa - 0 views

  • The huge story about bribery by a New York hedge fund in Africa should have been on the front page, but the New York Times buried it in the financial section. And the paper did not even name one of the men at the heart of it, the billionaire Israeli businessman Dan Gertler. The Democratic Republic of Congo is one of the poorest countries in the world, parts of it torn by chronic violence, and Dan Gertler is one of the people most responsible for its awful state. But the New York Times has never sent any of its army of reporters to look into the crimes of Dan Gertler. Here’s what just happened: a $39 billion New York hedge fund, Och-Ziff Capital Management, pleaded guilty to conspiring to bribe African officials, and agreed to pay a $413 million fine. The U.S. government prosecution brief did not directly name bribers and bribees. But broad hints in government documents made it clear that Gertler, on behalf of the hedge fund, had given $100 million, some of it in cash, to, among others, the DR Congo president, Joseph Kabila, for investment opportunities in diamonds and mining. Other media, including Bloomberg and the Wall Street Journal, were not squeamish about naming Gertler. The Journal‘s running coverage of the Och-Ziff/DR Congo story has repeatedly put Gertler at front and center of the corruption.
  • The revelations in the bribery case are earth-shaking. Although rumors of mega-corruption in DR Congo are nothing new, Jason Stearns of the respected Congo Research Group points out it is the first time that “we have a solid paper trail proving that the senior Congolese officials including the Congolese president himself were direct beneficiaries of over $100 million in bribes from foreign companies.” The 42-year-old Gertler is a notorious shadowy figure in the poor central African nation. He befriended President Joseph Kabila two decades ago, and he is widely suspected of snapping up mining concessions at bargain prices and promptly selling them to mining companies at enormous profit. One estimate, a few years ago, was that the Congolese people have been cheated out of as much as $5.5 billion — a significant sum anywhere, but especially painful in a poor nation whose entire government budget for everything one year was as little as $7.2 billion.
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    The case actually imposed fines for bribes paid to government officials in Libya, Guinea, Chad, Niger, and the DR Congo. It is a U.S. lawsuit under the Foreign Corrupt Practices Act. See http://congoresearchgroup.org/the-och-ziff-files-who-are-drc-officials-1-and-2/ for more detail.
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Why Did the Saudi Regime and Other Gulf Tyrannies Donate Millions to the Clinton Founda... - 0 views

  • As the numerous and obvious ethical conflicts surrounding the Clinton Foundation receive more media scrutiny, the tactic of Clinton-loyal journalists is to highlight the charitable work done by the foundation, and then insinuate — or even outright state — that anyone raising these questions is opposed to its charity. James Carville announced that those who criticize the foundation are “going to hell.” Other Clinton loyalists insinuated that Clinton Foundation critics are indifferent to the lives of HIV-positive babies or are anti-gay bigots. That the Clinton Foundation has done some good work is beyond dispute. But that fact has exactly nothing to do with the profound ethical problems and corruption threats raised by the way its funds have been raised. Hillary Clinton was America’s chief diplomat, and tyrannical regimes such as the Saudis and Qataris jointly donated tens of millions of dollars to an organization run by her family and operated in its name, one whose works has been a prominent feature of her public persona. That extremely valuable opportunity to curry favor with the Clintons, and to secure access to them, continues as she runs for president.
  • The claim that this is all just about trying to help people in need should not even pass a laugh test, let alone rational scrutiny. To see how true that is, just look at who some of the biggest donors are. Although it did not give while she was secretary of state, the Saudi regime by itself has donated between $10 million and $25 million to the Clinton Foundation, with donations coming as late as 2014, as she prepared her presidential run. A group called “Friends of Saudi Arabia,” co-founded “by a Saudi Prince,” gave an additional amount between $1 million and $5 million. The Clinton Foundation says that between $1 million and $5 million was also donated by “the State of Qatar,” the United Arab Emirates, and the government of Brunei. “The State of Kuwait” has donated between $5 million and $10 million. Theoretically, one could say that these regimes — among the most repressive and regressive in the world — are donating because they deeply believe in the charitable work of the Clinton Foundation and want to help those in need. Is there a single person on the planet who actually believes this? Is Clinton loyalty really so strong that people are going to argue with a straight face that the reason the Saudi, Qatari, Kuwaiti and Emirates regimes donated large amounts of money to the Clinton Foundation is because those regimes simply want to help the foundation achieve its magnanimous goals?
  • All those who wish to argue that the Saudis donated millions of dollars to the Clinton Foundation out of a magnanimous desire to aid its charitable causes, please raise your hand. Or take the newfound casting of the Clinton Foundation as a champion of LGBTs, and the smearing of its critics as indifferent to AIDS. Are the Saudis also on board with these benevolent missions? And the Qataris and Kuwaitis?
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  • Which is actually more homophobic: questioning the Clinton Foundation’s lucrative relationship to those intensely anti-gay regimes, or cheering and defending that relationship? All the evidence points to the latter. But whatever else is true, it is a blatant insult to everyone’s intelligence to claim that the motive of these regimes in transferring millions to the Clinton Foundation is a selfless desire to help them in their noble work. Another primary project of the Clinton Foundation is the elimination of wealth inequality, which “leads to significant economic disparities, both within and among countries, and prevents underserved populations from realizing their potential.” Who could possibly maintain that the reason the Qatari and Emirates regimes donated millions to the Clinton Foundation was their desire to eliminate such economic oppression?
  • It doesn’t exactly take a jaded disposition to doubt that these donations from some of the world’s most repressive regimes are motivated by a desire to aid the Clinton Foundation’s charitable work. To the contrary, it just requires basic rationality. That’s particularly true given that these regimes “have donated vastly more money to the Clinton Foundation than they have to most other large private charities involved in the kinds of global work championed by the Clinton family.” For some mystifying reason, they seem particularly motivated to transfer millions to the Clinton Foundation but not the other charities around the world doing similar work. Why might that be? What could ever explain it? Some Clinton partisans, unwilling to claim that Gulf tyrants have charity in their hearts when they make these donations to the Clinton Foundation, have settled on a different tactic: grudgingly acknowledging that the motive of these donations is to obtain access and favors, but insisting that no quid pro quo can be proven. In other words, these regimes were tricked: They thought they would get all sorts of favors through these millions in donations, but Hillary Clinton was simply too honest and upstanding of a public servant to fulfill their expectations. The reality is that there is ample evidence uncovered by journalists suggesting that regimes donating money to the Clinton Foundation received special access to and even highly favorable treatment from the Clinton State Department. But it’s also true that nobody can dispositively prove the quid pro quo. Put another way, one cannot prove what was going on inside Hillary Clinton’s head at the time that she gave access to or otherwise acted in the interests of these donor regimes: Was she doing it as a favor in return for those donations, or simply because she has a proven affinity for Gulf State and Arab dictators, or because she was merely continuing decades of U.S. policy of propping up pro-U.S. tyrants in the region?
  • While this “no quid pro quo proof” may be true as far as it goes, it’s extremely ironic that Democrats have embraced it as a defense of Hillary Clinton. After all, this has long been the primary argument of Republicans who oppose campaign finance reform, and indeed, it was the primary argument of the Citizens United majority, once depicted by Democrats as the root of all evil. But now, Democrats have to line up behind a politician who, along with her husband, specializes in uniting political power with vast private wealth, in constantly exploiting the latter to gain the former, and vice versa. So Democrats are forced to jettison all the good-government principles they previously claimed to believe and instead are now advocating the crux of the right-wing case against campaign finance reform: that large donations from vested factions are not inherently corrupting of politics or politicians. Indeed, as I documented in April, Clinton-defending Democrats have now become the most vocal champions of the primary argument used by the Citizens United majority. “We now conclude,” wrote Justice Anthony Kennedy for the Citizens United majority, “that independent expenditures, including those made by corporations, do not give rise to corruption or the appearance of corruption.” That is now exactly the argument Clinton loyalists are spouting to defend the millions in donations from tyrannical regimes (as well as Wall Street banks and hedge funds): Oh, there’s no proof there’s any corruption going on with all of this money. The elusive nature of quid pro quo proof — now the primary Democratic defense of Clinton — has also long been the principal argument wielded by the most effective enemy of campaign finance reform, GOP Sen. Mitch McConnell. This is how USA Today, in 1999, described the arguments of McConnell and his GOP allies when objecting to accusations from campaign finance reform advocates that large financial donations are corrupting:
  • So if you want to defend the millions of dollars that went from tyrannical regimes to the Clinton Foundation as some sort of wily, pragmatic means of doing good work, go right ahead. But stop insulting everyone’s intelligence by pretending that these donations were motivated by noble ends. Beyond that, don’t dare exploit LGBT rights, AIDS, and other causes to smear those who question the propriety of receiving millions of dollars from the world’s most repressive, misogynistic, gay-hating regimes. Most important, accept that your argument in defense of all these tawdry relationships — that big-money donations do not necessarily corrupt the political process or the politicians who are their beneficiaries — has been and continues to be the primary argument used to sabotage campaign finance reform. Given who their candidate is, Democrats really have no choice but to insist that these sorts of financial relationships are entirely proper (needless to say, Goldman Sachs has also donated millions to the Clinton Foundation, but Democrats proved long ago they don’t mind any of that when they even insisted that it was perfectly fine that Goldman Sachs enriched both Clintons personally with numerous huge speaking fees — though Democrats have no trouble understanding why Trump’s large debts to Chinese banks and Goldman Sachs pose obvious problems). But — just as is true of their resurrecting a Cold War template and its smear tactics against their critics — the benefits derived from this tactic should not obscure how toxic it is and how enduring its consequences will likely be.
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