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Paul Merrell

On this Veterans Day, suicide has caused more American casualties than wars in Iraq and... - 0 views

www.montereyherald.com/...151119969

war & peace U.S.-foreign-policy veterans suicide stats

shared by Paul Merrell on 16 Nov 15 - No Cached
  • One of the most tragic problems afflicting those who served their country is the specter of suicide, often the fallout of post traumatic stress disorder (PTSD). After more than a year of intense lobbying by veterans groups, Congress this year passed the Clay Hunt Suicide Prevention for American Veterans Act, named for a Marine veteran who took his own life even after working as an advocate for suicide prevention. The law is designed to reduce military and veteran suicides, and improve access to quality mental health care. But veterans experts estimate that 17 of the 22 daily suicides involve vets not enrolled in the VA’s healthcare system, suggesting more research — and far greater funding — will be necessary to get a handle on the problem.
  • With U.S. combat operations winding down in Afghanistan and Iraq, the suicide rate among ex-military members has risen from 18 a day in 2010, although studies undertaken by the Veterans Administration have failed to pinpoint a direct cause. Only about a third of all vets use the VA for healthcare, which leaves a wide swath of people who once wore the uniform outside the reach of the military’s data gathering.“Common sense would have us expect a correlation between number of deployments and combat with suicide risk,” says Fred MacRae, lead suicide prevention coordinator at the VA hospital in Palo Alto. But recent research suggests that’s not necessarily the case. #AD_text{ font-size: 11px; color: #999999; } Advertisement Not even the horrors of battle are a proven cause. “More and more,” says Jackie Maffucci, research director for Iraq and Afghanistan Veterans of America (IAVA), “the data are suggesting that exposure to combat is not one of the high-risk factors.”
  • Almost everyone who has served in the military now knows someone — often several someones — who suffers from disabling depression. Some end their own lives. Members of the IAVA were asked in a survey last year if they knew at least one post-9/11 veteran who had attempted suicide, and 47 percent answered yes. Another 40 percent knew at least one veteran who had died by suicide. “And 31 percent indicated they had thought about taking their own life since joining the military,” says Maffucci. “Those are startling numbers.”Daniel Faddis told another veteran in his family that he felt he had let down his military buddies when he was booted out. “He carried around a lot of guilt about that,” Stan Faddis says. “Some guys he knew ended up dying in combat, and he felt bad he wasn’t there to save them, or to die with them.”The current wait time for a mental health appointment at the VA in Palo Alto is about 12 days, and in a recent national study by the Government Accountability Office it averaged 26 days. Still, that’s considerably shorter than when the country went on a wartime footing following 9/11. “In 2001, your chances of dying by suicide were greater if you got your care in the VA system than if you got it elsewhere,” MacRae acknowledges. The new federal legislation is creating a program to help the VA recruit psychiatrists by assisting with their tuition payments, and it also requires an annual evaluation of VA mental health and suicide-prevention programs.
Gary Edwards

A Crisis Worse than ISIS? Bail-Ins Begin - nsnbc international | nsnbc international - 0 views

nsnbc.me/...worse-than-isis-bail-ins-begin

Banksters

shared by Gary Edwards on 31 Dec 15 - No Cached
  • Propping Up the Derivatives Scheme Dodd-Frank states in its preamble that it will “protect the American taxpayer by ending bailouts.” But it does this under Title II by imposing the losses of insolvent financial companies on their common and preferred stockholders, debtholders, and other unsecured creditors. That includes depositors, the largest class of unsecured creditor of any bank.
  • Title II is aimed at “ensuring that payout to claimants is at least as much as the claimants would have received under bankruptcy liquidation.” But here’s the catch: under both the Dodd Frank Act and the 2005 Bankruptcy Act, derivative claims have super-priority over all other claims, secured and unsecured, insured and uninsured.
  • The over-the-counter (OTC) derivative market (the largest market for derivatives) is made up of banks and other highly sophisticated players such as hedge funds. OTC derivatives are the bets of these financial players against each other. Derivative claims are considered “secured” because collateral is posted by the parties. For some inexplicable reason, the hard-earned money you deposit in the bank is not considered “security” or “collateral.” It is just a loan to the bank, and you must stand in line along with the other creditors in hopes of getting it back. State and local governments must also stand in line, although their deposits are considered “secured,” since they remain junior to the derivative claims with “super-priority.”
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  • Under the old liquidation rules, an insolvent bank was actually “liquidated” – its assets were sold off to repay depositors and creditors. Under an “orderly resolution,” the accounts of depositors and creditors are emptied to keep the insolvent bank in business.
  • The point of an “orderly resolution” is not to make depositors and creditors whole but to prevent another system-wide “disorderly resolution” of the sort that followed the collapse of Lehman Brothers in 2008.
  • The concern is that pulling a few of the dominoes from the fragile edifice that is our derivatives-laden global banking system will collapse the entire scheme. The sufferings of depositors and investors are just the sacrifices to be borne to maintain this highly lucrative edifice.
  • At first glance, the “bail-in” resembles the normal capitalist process of liabilities restructuring that should occur when a bank becomes insolvent. . . . The difference with the “bail-in” is that the order of creditor seniority is changed. In the end, it amounts to the cronies (other banks and government) and non-cronies. The cronies get 100% or more; the non-cronies, including non-interest-bearing depositors who should be super-senior, get a kick in the guts instead. . . . In principle, depositors are the most senior creditors in a bank. However, that was changed in the 2005 bankruptcy law, which made derivatives liabilities most senior. Considering the extreme levels of derivatives liabilities that many large banks have, and the opportunity to stuff any bank with derivatives liabilities in the last moment, other creditors could easily find there is nothing left for them at all.
  • A study involving the cost to taxpayers of the Dodd-Frank rollback slipped by Citibank into the “cromnibus” spending bill last December found that the rule reversal allowed banks to keep $10 trillion in swaps trades on their books. This is money that taxpayers could be on the hook for in another bailout; and since Dodd-Frank replaces bailouts with bail-ins, it is money that creditors and depositors could now be on the hook for.
  • As of September 2014, US derivatives had a notional value of nearly $280 trillion
  •  Citibank is particularly vulnerable to swaps on the price of oil. Brent crude dropped from a high of $114 per barrel in June 2014 to a low of $36 in December 2015.
  • What about FDIC insurance? It covers deposits up to $250,000, but the FDIC fund had only $67.6 billion in it as of June 30, 2015, insuring about $6.35 trillion in deposits. The FDIC has a credit line with the Treasury, but even that only goes to $500 billion; and who would pay that massive loan back? The FDIC fund, too, must stand in line behind the bottomless black hole of derivatives liabilities
  • You can move your money into one of the credit unions with their own deposit insurance protection; but credit unions and their insurance plans are also under attack.
  • In short, the goal of the bail-in scheme is to place losses on private creditors. Alternatives that allow them to escape could soon be blocked.
  • The Dodd Frank Act and the Bankruptcy Reform Act both need a radical overhaul, and the Glass-Steagall Act (which put a fire wall between risky investments and bank deposits) needs to be reinstated.
  • Meanwhile, local legislators would do well to set up some publicly-owned banks on the model of the state-owned Bank of North Dakota – banks that do not gamble in derivatives and are safe places to store our public and private funds.
  • Gary Edwards on 31 Dec 15
     
    Excellent analysis of the coming banking crisis anw how our politicians have put the citizens on the hook for risky bank derivative gambling.  Thanks Marbux! Ellen H. Brown (nsnbc) : While the mainstream media focus on ISIS extremists, a threat that has gone virtually unreported is that your life savings could be wiped out in a massive derivatives collapse. Bank bail-ins have begun in Europe, and the infrastructure is in place in the US.  Poverty also kills.
Paul Merrell

The Paris Terrorist Attacks. Passports Revisited | Global Research - Centre for Researc... - 0 views

www.globalresearch.ca/...5489776

war & peace terrorists™ IDs

shared by Paul Merrell on 24 Nov 15 - No Cached
  • Using doublespeak – supporting an organization while pointing at it as the enemy and calling terrorists people who were previously hailed as ‘freedom fighters’, is not some prerogative of the French government. Producing one’s own enemy has become a pivotal process in Western strategy, one that comforts an imperial structure in which there is no separation any more between inside and outside, between law and sheer violence, between citizens and enemies. In Belgium the muslim preacher Jean-Louis Denis is tried in court for having promoted the jihad in Syria among young people because he is suspected of being acquainted with Sharia4Belgium, a group that is labelled as terrorist. His lawyer exposed the equivocation in the prosecution when he reminds the court that kids were indeed sent to fight for the Islamic State in Syria but by the Belgian intelligence service. He was referring to the part played by an undercover agent of the Belgian federal police. The signifier’s comeback It seems that in Paris too a major concern for the terrorists was to make it easy for them to be identified. Yet this paradox is no longer really a surprise. The miraculous find of ID papers has now become a classic feature in such circumstances. It is a recurring event, a repetitive compulsion that points again and again at people who belong to some jihadist movement. In the official version for 9/11 the FBI claimed that they found the unscathed passport of one of the pilots near one of the towers that were reduced to ashes by explosions whose heat melted even the steel columns in the buildings’ structure. The fourth plane’s crash near Shanksville also yielded a passport which, though scorched, still made it possible to read the person’s first name and surname and to see his ID photo. This is all the more disturbing as nothing at all was left in the crater, no part of the plane or of the people travelling in it, only this partly scorched passport.
  • In the case of the attack at Charlie Hebdo, investigators found the ID papers of the elder Kouachi brothers in a car they had abandoned in the north-east of Paris. This document allows them to conclude that the authors of the attack were known to the anti-terror department as ‘pioneers of the French Jihad.’ The ‘hunt’ could begin. How can killers who operate with such professional skill make such blunder? It is an elementary caution known to any burglar that you do not to take ID papers along. Since 9/11 unlikelihood has become part of our lives. It has become the basis on which  truth is assessed. Reason is banished. We must not believe what is said but the speaking voice, whatever nonsense it may utter. The more patently absurd, the more unwavering our belief in what is stated must be. Unlikelihood has turned into the measure of truth.
  • Paul Merrell on 24 Nov 15
     
    I had already picked up on this trend: "terrorists" skillfully planting their IDs where they would be found to aid ensuing investigations. Shouldn't we insist on a higher standard for propagandists, perhaps an anti-plagiarism provision?
Paul Merrell

US Congresswoman Introduces Bill To Stop "Illegal" War On Assad; Says CIA Ops Must Stop... - 0 views

www.zerohedge.com/...r-assad-says-cia-ops-must-stop

war & peace Syria Peace Gabbard

shared by Paul Merrell on 24 Nov 15 - No Cached
  • That was before Paris.  Well, in the wake of the attacks, Gabbard has apparently had just about enough of Washington vacillating in the fight against terror just so the US can ensure that ISIS continues to destabilize Assad and now, with bi-partisan support, the brazen Hawaii Democrat has introduced legislation to end the "illegal war" to overthrow Assad.  Gabbard, who fought in Iraq - twice - has partnered with Republican Adam Scott on the bill. Here's AP:  In an unusual alliance, a House Democrat and Republican have teamed up to urge the Obama administration to stop trying to overthrow Syrian President Bashar Assad and focus all its efforts on destroying Islamic State militants.   Reps. Tulsi Gabbard, a Democrat, and Austin Scott, a Republican, introduced legislation on Friday to end what they called an "illegal war" to overthrow Assad, the leader of Syria accused of killing tens of thousands of Syrian citizens in a more than four-year-old civil war entangled in a battle against IS extremists, also known as ISIS.   "The U.S. is waging two wars in Syria," Gabbard said. "The first is the war against ISIS and other Islamic extremists, which Congress authorized after the terrorist attack on 9/11. The second war is the illegal war to overthrow the Syrian government of Assad."
  • Last month, US Congresswoman Tulsi Gabbard went on CNN and laid bare Washington’s Syria strategy.  In a remarkably candid interview with Wolf Blitzer, Gabbard calls Washington’s effort to oust Assad “counterproductive” and “illegal” before taking it a step further and accusing the CIA of arming the very same terrorists who The White House insists are "sworn enemies.”  In short, Gabbard all but tells the American public that the government is lying to them and may end up inadvertently starting “World War III.” For those who missed it, here’s the clip:
  • Last month, US Congresswoman Tulsi Gabbard went on CNN and laid bare Washington’s Syria strategy.  In a remarkably candid interview with Wolf Blitzer, Gabbard calls Washington’s effort to oust Assad “counterproductive” and “illegal” before taking it a step further and accusing the CIA of arming the very same terrorists who The White House insists are "sworn enemies.”  In short, Gabbard all but tells the American public that the government is lying to them and may end up inadvertently starting “World War III.” For those who missed it, here’s the clip:
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  • That was before Paris.  Well, in the wake of the attacks, Gabbard has apparently had just about enough of Washington vacillating in the fight against terror just so the US can ensure that ISIS continues to destabilize Assad and now, with bi-partisan support, the brazen Hawaii Democrat has introduced legislation to end the "illegal war" to overthrow Assad.  Gabbard, who fought in Iraq - twice - has partnered with Republican Adam Scott on the bill. Here's AP:  In an unusual alliance, a House Democrat and Republican have teamed up to urge the Obama administration to stop trying to overthrow Syrian President Bashar Assad and focus all its efforts on destroying Islamic State militants.   Reps. Tulsi Gabbard, a Democrat, and Austin Scott, a Republican, introduced legislation on Friday to end what they called an "illegal war" to overthrow Assad, the leader of Syria accused of killing tens of thousands of Syrian citizens in a more than four-year-old civil war entangled in a battle against IS extremists, also known as ISIS.   "The U.S. is waging two wars in Syria," Gabbard said. "The first is the war against ISIS and other Islamic extremists, which Congress authorized after the terrorist attack on 9/11. The second war is the illegal war to overthrow the Syrian government of Assad."
  • That was before Paris.  Well, in the wake of the attacks, Gabbard has apparently had just about enough of Washington vacillating in the fight against terror just so the US can ensure that ISIS continues to destabilize Assad and now, with bi-partisan support, the brazen Hawaii Democrat has introduced legislation to end the "illegal war" to overthrow Assad.  Gabbard, who fought in Iraq - twice - has partnered with Republican Adam Scott on the bill. Here's AP:  In an unusual alliance, a House Democrat and Republican have teamed up to urge the Obama administration to stop trying to overthrow Syrian President Bashar Assad and focus all its efforts on destroying Islamic State militants.   Reps. Tulsi Gabbard, a Democrat, and Austin Scott, a Republican, introduced legislation on Friday to end what they called an "illegal war" to overthrow Assad, the leader of Syria accused of killing tens of thousands of Syrian citizens in a more than four-year-old civil war entangled in a battle against IS extremists, also known as ISIS.   "The U.S. is waging two wars in Syria," Gabbard said. "The first is the war against ISIS and other Islamic extremists, which Congress authorized after the terrorist attack on 9/11. The second war is the illegal war to overthrow the Syrian government of Assad."   Scott said, "Working to remove Assad at this stage is counter-productive to what I believe our primary mission should be."
  • ing to remove Assad at this stage is counter-productive to what I believe our primary mission should be."   Since 2013, the CIA has trained an estimated 10,000 fighters, although the number still fighting with so-called moderate forces is unclear. CIA-backed rebels in Syria, who had begun to put serious pressure on Assad's forces, are now under Russian bombardment with little prospect of rescue by their American patrons, U.S. officials say.   For years, the CIA effort had foundered — so much so that over the summer, some in Congress proposed cutting its budget. Some CIA-supported rebels had been captured; others had defected to extremist groups.   Gabbard complained that Congress has never authorized the CIA effort, though covert programs do not require congressional approval, and the program has been briefed to the intelligence committees as required by law, according to congressional aides who are not authorized to be quoted discussing the matter.   Gabbard contends the effort to overthrow Assad is counter-productive because it is helping IS topple the Syrian leader and take control of all of Syria. If IS were able to seize the Syrian military's weaponry, infrastructure and hardware, the group would become even more dangerous than it is now and exacerbate the refugee crisis.
  • And make no mistake, Tulsi's understanding of Washington's absurd Mid-East policy goes far beyond Syria. That is, Gabbard fully grasps the big picture as well. Here's what she has to say about the idea that the US should everywhere and always attempt to overthrow regimes when human rights groups claim there's evidence of oppression: "People said the very same thing about Saddam (Hussein), the very same thing about (Moammar) Gadhafi, the results of those two failed efforts of regime change and the following nation-building have been absolute, not only have they been failures, but they've actually worked to strengthen our enemy." Somebody get Langley on the phone, this woman must be stopped.  Here's Gabbard speaking to CNN this week about Assad:
  • So there's hope for the US public after all. Perhaps if the clueless masses won't listen to "lunatic" fringe blogs or Sergei Lavrov, they'll listen to a US Congresswoman who served two tours of duty in Iraq and who is now telling Americans that The White House, The Pentagon, and most especially the CIA are together engaged in an "illegal" effort to overthrow the government of a sovereign country and in the process are arming the very same extremists that are attacking civilians in places like Paris. Good luck Tulsi, and thanks for proving that there's at least one person inside that Beltway that isn't either dishonest or naive.  *  *  * From Gabbard  “Here are 10 reasons the U.S. must end its war to overthrow the Syrian government of Assad: Because if we succeed in overthrowing the Syrian government of Assad, it will open the door for ISIS, al-Qaeda, and other Islamic extremists to take over all of Syria.  There will be genocide and suffering on a scale beyond our imagination.  These Islamic extremists will take over all the weaponry, infrastructure, and military hardware of the Syrian army and be more dangerous than ever before. We should not be allying ourselves with these Islamic extremists by helping them achieve their goal because it is against the security interests of the United States and all of civilization. Because the money and weapons the CIA is providing to overthrow the Syrian government of Assad are going directly or indirectly into the hands of the Islamic extremist groups, including al-Qaeda affiliates, al-Nusra, Ahrar al-Sham, and others who are the actual enemies of the United States.  These groups make up close to 90 percent of the so-called opposition forces, and are the most dominant fighters on the ground. Because our efforts to overthrow Assad has increased and will continue to increase the strength of ISIS and other Islamic extremists, thus making them a bigger regional and global threat.
  • Because this war has exacerbated the chaos and carnage in Syria and, along with the terror inflicted by ISIS and other Islamic extremist groups fighting to take over Syria, continues to increase the number of Syrians forced to flee their country. Because we should learn from our past mistakes in Iraq and Libya that U.S. wars to overthrow secular dictators (Saddam Hussein and Muammar Gaddafi) cause even more chaos and human suffering and open the door for Islamic extremists to take over in those countries. Because the U.S. has no credible government or government leader ready to bring order, security, and freedom to the people of Syria. Because even the ‘best case’ scenario—that the U.S. successfully overthrows the Syrian government of Assad—would obligate the United States to spend trillions of dollars and the lives of American service members in the futile effort to create a new Syria.  This is what we have been trying to do in Iraq for twelve years, and we still have not succeeded.  The situation in Syria will be much more difficult than in Iraq. Because our war against the Syrian government of Assad is interfering with our being one-pointedly focused on the war to defeat ISIS, Al-Qaeda, and the other Islamic extremists who are our actual enemy. Because our war to overthrow the Assad government puts us in direct conflict with Russia and increases the likelihood of war between the United States and Russia and the possibility of another world war.” *  *  * Oh, and if you needed another reason to like Tulsi, here's a bonus 40 second clip for your amusement...
Paul Merrell

Erdogan Blackmails NATO Allies - 0 views

www.counterpunch.org/...erdogan-blackmails-nato-allies

war & peace NATO Turkey Syria Russia war-alert must-read

shared by Paul Merrell on 05 Dec 15 - No Cached
  • You know the country has really gone to the dogs when Washington’s main allies in its war on Syria are the two biggest terrorist incubators on the planet. I’m talking about Saudi Arabia and Turkey, both of which are run by fanatical Islamic zealots devoted to spreading violent jihad to the four corners of the earth. Not that the US doesn’t have blood on its hands too. It does, but that’s beside the point.
  • Four and half years later, the place is a worse mess than Iraq.  Half the population is either dead or internally displaced, the civilian infrastructure is a shambles, and nothing has been achieved. Nothing.  Assad is safely tucked away in Damascus, the jihadi proxies are on the run, and everyone hates the US more than ever. Great plan, eh? Where’s the downside? The downside is that now Washington finds itself backed against the wall with precious  few options that don’t involve a direct confrontation with Moscow.
  • These developments have forced Washington into a fallback position that will likely entail air-support for Turkish ground forces who will be deployed to Northern Syria to take and hold area sufficient for a “safe zone”, which is an innocuous sounding moniker the media invokes to conceal the fact that Turkey plans to annex sovereign Syrian territory which, by the way, is an act of war. Now fast-forward to last week:
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  • Some readers may have noticed disturbing headlines like this in the Wall Street Journal: “U.S. Urges Turkey to Seal Border” Or this Reuters piece that popped up on Monday:  “NATO allies act to strengthen Turkey’s air defenses” Why, you may ask, does Obama want Turkey to close the border now when the horse has already left the barn? What I mean is that the White House has known for over 3 years that the bulk of the jihadis were transiting Turkey on their way  to Syria, just like they knew that ISIS’s oil was being transported across Turkey.
  • So why is it so urgent to close the border now, after all, the damage is already done, right? Could it have something to do with the fact that Putin’s legions are moving north to seal the border? Could there be an alternate objective, for example, could the US and Turkey be setting the stage for an incursion into Syria that would secure the land needed for the glorious safe zone? That’s what most of the analysts seem to think, at least the ones that haven’t been coopted by the mainstream media. But why is NATO suddenly getting involved? What’s that all about? After all, Putin was reluctant to even commit his airforce to the Syrian conflict. It’s not like he’s planning to invade Turkey or something, right?
  • So, what’s really going on? For that, we turn to Moon of Alabama that provides this excellent summary in a recent post titled:  “The Real “Terrorist Sympathizers” Want To Wage War On Syria … And Russia”. Here’s an excerpt:  “Who initiated this sudden rush within major NATO governments to get parliamentary blank checks for waging a long war on Syria? Not only in the UK but also in France and Germany? The German government turned on a dime from “no military intervention in Syria ever” to “lets wage a war of terror on Syria” without any backing from the UN or international law. .. Who initiated this? A simple, medium size terror attack in Paris by some Belgians and French can not be the sole reason for this stampede. Did Obama call and demand support for his plans? What are these? I smell that a trap is being laid, likely via a treacherous Turkey, to somehow threaten Russia with, or involve it in, a wider war. This would include military attacks in east-Ukraine or Crimea as well as in Syria. Obama demanded European backing in case the issue gets out of hand. No other reason I have found explains the current panic. The terrorists the “west” supports in Syria are in trouble. The real terrorist sympathizers need to rush to their help. It is a start of all-out war on Syria and its Russian protectors.” (“Terrorist Sympathizers” Want To Wage War On Syria … And Russia“, Moon of Alabama)
  • Is that what’s going on? Has Turkish President Erdogan figured out how to hoodwink the NATO allies into a confrontation with Russia that will help him achieve his goal of toppling  Assad and stealing Syrian territory? It’s hard to say, but clearly something has changed,  after all, neither France, nor Germany nor the UK were nearly as gung-ho just a few weeks ago. Now they’re all hyped-up and ready for WW3. Why is that? Ahh, Grasshopper, that is the mystery, a mystery that was unraveled in an op-ed that appeared in the Tuesday edition of the Turkish newspaper Hurriyet Daily News. Here’s the excerpt: “The increase in military cooperation within NATO countries against ISIL and the piling up of NATO forces near Turkey’s border with Syria take place in parallel with the recent deal between Ankara and the Brussels over Syrian refugees and the re-activation of Turkey’s EU accession bid.” ….(“Western forces pile up on Turkey-Syria border“, Hurriyet)
  • Okay, so Erdogan worked out a deal with the other NATO countries. Why is that such a big deal? Well, check out this blurb from the Today’s Zaman:  “Erdogan’s advisor, Burhan Kuzu, summed it up even more succinctly saying: “The EU finally got Turkey’s message and opened its purse strings. What did we say? ‘We’ll open our borders and unleash all the Syrian refugees on you,’” Kuzu stated in his controversial tweet… ” (“EU bows to Turkey’s threat on refugees says Erdoğan advisor“, Today’s Zaman) Blackmail? Is that what we’re talking about, blackmail? It sure sounds like it. Let’s summarize: Erdogan intentionally releases tens of thousands of Syrian refugees into Europe to put pressure on EU politicians who quickly lose the support of their people and face the meteoric rise of right wing parties. And then, the next thing you know, Merkel, Hollande and every other EU leader is looking to cut a deal with Erdogan to keep the refugees in Turkey. Isn’t that how it all went down? Except we’re missing one important factoid here, because according to the first op-ed “The increase in military cooperation within NATO… and the piling up of NATO forces near Turkey’s border”…took  place in parallel with the deal between Ankara and the Brussels.”
  • Get it? So there was a quid pro quo that no one wants to talk about.  In other words, Germany, France and the UK agreed to support Erdogan’s loony plan to conduct military operations in Syria, risking a serious dust-up with Russia, in order to save their own miserable political careers. Boy, if that doesn’t take the cake, than I don’t know what does.
  • Paul Merrell on 05 Dec 15
     
    A must-read. Mike Whitney usually gets things right, although I'm not certain he's called this one correctly. On the other hand, he's not alone among close watchers who are predicting imminent war against Russia in Syria. The neocons and neolibs in Congress are screaming for it to happen because they see the U.S. getting edged out the Mideast by Russia. And NATO is definitely moving its forces in a direction that would enable that war and a second one in Ukraine. So as I see it, it's either posturing or a serious plan to go to war with Russia outside Russian territory. Think along the lines of a Korean War scenario, with Russia taking the place of China.   
Paul Merrell

Judge bars release of 2013 videos of fatal shooting by Chicago cops -- for now - Chicag... - 0 views

www.chicagotribune.com/...ting-video-20151209-story.html

police-militarization Chicago Emanuel suppressed-videos

shared by Paul Merrell on 12 Dec 15 - No Cached
  • s Mayor Rahm Emanuel was apologizing Wednesday for the broken system of police accountability exposed by the Laquan McDonald case, city attorneys argued before a federal judge that footage of an officer fatally shooting a 17-year-old carjacking suspect nearly three years ago should be kept from public view.Lawyers for Cedrick Chatman's family allege the videos of his January 2013 killing contradict statements from police that Chatman had turned and pointed a dark object at police as he ran, prompting Officer Kevin Fry to fire in fear of his life. City attorneys argue releasing the footage — which they described as low-quality and incomplete — could inflame the public and jeopardize a fair trial.At a brief hearing Wednesday, U.S. District Judge Robert Gettleman said the records should stay sealed for the time being. But the judge said he would likely lift the protective order next month if he was going to be asked to consider the videos in any pretrial rulings, a move that would automatically make them part of the public record.
  • "If it's likely going to come out through pretrial motions, then there really is no reason to wait," said Gettleman, who set a hearing on the issue for Jan. 14.Gettleman's ruling came three weeks after police dash-cam video of 17-year-old McDonald being shot 16 times by Officer Jason Van Dyke went viral, sparking protests and leading to the resignations of both police Superintendent Garry McCarthy and Scott Ando, who headed the Independent Police Review Authority, which has drawn criticism for its lax enforcement on excessive-force complaints.
  • Earlier this year, Lorenzo Davis, the IPRA supervisor who headed up the Chatman probe, filed a federal lawsuit alleging he was fired by Ando for concluding that officers in several shootings — including Chatman's — were not justified in using lethal force.Davis, who viewed the surveillance video as part of the IPRA inquiry, told the Tribune last month he did not see Chatman aim at or turn toward the officers."Cedrick was just running as the shots were fired," Davis said. "You're taught that deadly force is a last resort and that you should do everything in your power to apprehend the person before you use deadly force. I did not see where deadly force was called for at that time."An investigator on Davis' team alleged that Fry violated the department's deadly force policy, but that claim was ruled "unfounded" in the final IPRA report.
  • Paul Merrell on 12 Dec 15
     
    If the videos "could inflame the public and jeopardize a fair trial," then they must show a different story than the police have been telling, yes? 
Paul Merrell

FBI Expands Public Corruption Investigation Of Clinton - 0 views

www.mintpressnews.com/...212668

Auction 2016 Hillary FBI-investigations corruption bribery

shared by Paul Merrell on 12 Jan 16 - No Cached
  • The FBI has expanded its investigation of Hillary Clinton’s use of a private email server during her time as secretary of State to determine whether her Clinton Foundation work violated public corruption laws, according to Fox News. The report is based on accounts by three unnamed sources. “The agents are investigating the possible intersection of Clinton Foundation donations, the dispensation of State Department contracts and whether regular processes were followed,” one of the sources told Fox. Critics of Clinton have questioned whether her work with her family’s foundation during her time as secretary of State may have constituted a conflict of interest, and whether the foundation’s donors wielded influence over her while she was in office. The FBI’s investigation up until now has been focused on the classified information shared in the emails.
  • The State Department has released over 3,000 emails from Clinton’s private server, 1,340 of which were deemed classified at some level. One of the Fox sources also said that the FBI is especially eager to pursue a high-profile public corruption case in the wake of what they believe was overly lenient treatment of former CIA Director David Petraeus, who pleaded guilty to a misdemeanor last year for mishandling classified information after it was revealed that he had given classified information to his mistress. Clinton, who is the front-runner in the Democratic presidential primary, has denied knowingly sending or receiving classified information over her private server.
  • Paul Merrell on 12 Jan 16
     
    So Hillary is reportedly now being investigated by the FBI on suspicion of accepting bribes for her actions as Secretary of State. Heavy stuff, the kind that should result in her withdrawal from the presidential campaign for the good of her party. But she won't do that unless the media really turns up the heat on her, which is extremely unlikely to happen. 
Gary Edwards

Goldman Sachs mortgage-backed securities settlement - Business Insider - 0 views

www.businessinsider.com/d-securities-settlement-2016-4

Goldman-Sachs Banksters

shared by Gary Edwards on 11 Apr 16 - No Cached
  • “Goldman took $10 billion in TARP bailout funds knowing that it had fraudulently misrepresented to investors the quality of residential mortgages bundled into mortgage backed securities,” said Special Inspector General Christy Goldsmith Romero for TARP. 
  • “Many of these toxic securities were traded in a taxpayer funded bailout program that was designed to unlock frozen credit markets during the crisis.  While crisis investigations take time, SIGTARP is committed to working with our law enforcement partners to protect taxpayers and bring accountability and justice.”
  • $5 billion settlement with Goldman Sachs over the bank’s deceptive practices leading up to the financial crisis.
  • ...11 more annotations...
  • The settlement includes an agreed-upon statement of facts that describes how Goldman Sachs made multiple representations to RMBS investors about the quality of the mortgage loans it securitized and sold to investors, its process for screening out questionable loans, and its process for qualifying loan originators. 
  • Contrary to those representations, Goldman Sachs securitized and sold RMBS backed by large numbers of loans from originators whose mortgage loans contained material defects.
  • In the statement of facts, Goldman Sachs acknowledges that it securitized thousands of Alt-A, and subprime mortgage loans and sold the resulting residential mortgage-backed securities (“RMBS”) to investors for tens of billions of dollars. 
  • During the course of its due diligence process, Goldman Sachs received pertinent information indicating that significant percentages of the loans reviewed did not conform to the representations it made to investors.
  • Goldman also received and failed to disclose negative information that it obtained regarding the originators’ business practices.  Indeed, Goldman’s due diligence vendors provided Goldman with reports reflecting that the vendors had graded significant numbers and percentages of sampled loans as EV3s, i.e., not in compliance with originator underwriting guidelines. 
  • In certain circumstances, Goldman reevaluated loan grades and directed that such loans be waived into the pools to be purchased or securitized. 
  • In many cases, 80 percent or more of the loans in the loan pools Goldman purchased and securitized were not sampled for credit and compliance due diligence. 
  • Nevertheless, Goldman approved various offerings for securitization without requiring further due diligence to determine whether the remaining loans in the deal contained defects.  A Goldman employee overseeing due diligence for a particular loan pool noted that the pool included loans originated with “[e]xtremely aggressive underwriting” and “large program exceptions made without compensating factors.”  Despite this observation, Goldman did not review the remaining portion of the pool, and subsequently securitized thousands of loans from the pool. 
  • Goldman made statements to investors in offering documents and in certain other marketing materials regarding its process for reviewing and approving originators, yet it failed to disclose  to investors negative information it obtained about mortgage loan originators and its practice of securitizing loans from suspended originators. 
  • Attorney General Schneiderman was elected in 2010 and took office in 2011, when the five largest mortgage servicing banks, 49 state attorneys general, and the federal government were on the verge of agreeing to a settlement that would have released the banks – including Bank of America – from liability for virtually all misconduct related to the financial crisis.
  • Attorney General Schneiderman refused to agree to such sweeping immunity for the banks. As a result, Attorney General Schneiderman secured a settlement that preserved a wide range of claims for further investigation and prosecution.
  • Gary Edwards on 11 Apr 16
     
    If this doesn't qualify as fraud, nothing does. "We now know more about the $5 billion settlement Goldman Sachs has agreed to pay related to residential mortgage-backed securities it sold between 2005 and 2007. Regulators announced details of the settlement on Monday. Goldman Sachs initially announced the settlement in January. That nearly wiped out fourth-quarter earnings for the firm. "Today's settlement is yet another acknowledgment by one of our leading financial institutions that it did not live up to the representations it made to investors about the products it was selling," said one regulator, U.S. Attorney Benjamin B. Wagner of the Eastern District of California, in a statement. Morgan Stanley announced a similar settlement in February. It agreed to pay $3.2 billion over charges that it misled investors on the quality of mortgage loans it sold. And on Friday, the Justice Department announced that Wells Fargo had agreed to pay $1.2 billion to settle "shoddy" mortgage-lending practices. Here's what we learned about the Goldman settlement on Monday:"
Paul Merrell

Exclusive: As Saudis bombed Yemen, U.S. worried about legal blowback | Reuters - 0 views

www.reuters.com/...-usa-saudi-yemen-idUSKCN12A0BQ

war & peace U.S.-foreign-policy Saudis Yemen war crimes

shared by Paul Merrell on 12 Oct 16 - No Cached
  • The Obama administration went ahead with a $1.3 billion arms sale to Saudi Arabia last year despite warnings from some officials that the United States could be implicated in war crimes for supporting a Saudi-led air campaign in Yemen that has killed thousands of civilians, according to government documents and the accounts of current and former officials.State Department officials also were privately skeptical of the Saudi military's ability to target Houthi militants without killing civilians and destroying "critical infrastructure" needed for Yemen to recover, according to the emails and other records obtained by Reuters and interviews with nearly a dozen officials with knowledge of those discussions.U.S. government lawyers ultimately did not reach a conclusion on whether U.S. support for the campaign would make the United States a "co-belligerent" in the war under international law, four current and former officials said. That finding would have obligated Washington to investigate allegations of war crimes in Yemen and would have raised a legal risk that U.S. military personnel could be subject to prosecution, at least in theory.
  • For instance, one of the emails made a specific reference to a 2013 ruling from the war crimes trial of former Liberian president Charles Taylor that significantly widened the international legal definition of aiding and abetting such crimes.The ruling found that "practical assistance, encouragement or moral support" is sufficient to determine liability for war crimes. Prosecutors do not have to prove a defendant participated in a specific crime, the U.N.-backed court found.Ironically, the U.S. government already had submitted the Taylor ruling to a military commission at Guantanamo Bay, Cuba, to bolster its case that Khalid Sheikh Mohammed and other al Qaeda detainees were complicit in the Sept 11, 2001 attacks.The previously undisclosed material sheds light on the closed-door debate that shaped U.S. President Barack Obama’s response to what officials described as an agonizing foreign policy dilemma: how to allay Saudi concerns over a nuclear deal with Iran - Riyadh's arch-rival - without exacerbating a conflict in Yemen that has killed thousands.The documents, obtained by Reuters under the Freedom of Information Act, date from mid-May 2015 to February 2016, a period during which State Department officials reviewed and approved the sale of precision munitions to Saudi Arabia to replenish bombs dropped in Yemen. The documents were heavily redacted to withhold classified information and some details of meetings and discussion.(A selection of the documents can be viewed here: tmsnrt.rs/2dL4h6L; tmsnrt.rs/2dLbl2S; tmsnrt.rs/2dLb7Ji; tmsnrt.rs/2dLbbIX)
  • In a statement issued to Reuters before Saturday's attack, National Security Council spokesman Ned Price said, "U.S. security cooperation with Saudi Arabia is not a blank check. ... We have repeatedly expressed our deep concern about airstrikes that allegedly killed and injured civilians and also the heavy humanitarian toll paid by the Yemeni people."The United States continues to urge the Kingdom to take additional steps to avoid "future civilian harm," he added.
Paul Merrell

Former ICC Official: Israel Will Be Convicted Of War Crimes - 0 views

www.mintpressnews.com/...228452

war & peace Israel Palestine ICC war-crimes Settlements

shared by Paul Merrell on 02 Jun 17 - No Cached
  • The former prosecutor of the International Criminal Court (ICC) Luis Moreno Ocampo has said that the investigation being carried out by the ICC concerning the issue of Israeli settlements in the West Bank, including East Jerusalem, will most likely result in condemnation of Israeli officials since the establishment of settlements is considered a continuing war crime. He added that the settlements constitute a clear legal violation of the Rome Statute and the rules of international law, which prohibit an occupying power from transferring its civilian population to an occupied territory. During a special panel discussion organized by Al-Quds University yesterday evening, Ocampo said that the prosecutor’s office has gone a long way in examining the issue of Israeli settlements in the Occupied Palestinian Territories.
  • He denied the statements attributed to him by an Israeli newspaper a year and a half ago that settlements are not illegal, pointing out that it was not the first time that the Israeli press has presented its own interpretation of statements. In particular, he stated that what was reported in the newspaper at that time is contrary to his firm legal convictions that the transfer of the civilian population of an occupying force onto occupied land constitutes a war crime. Ocampo explained that the case brought by the State of Palestine before the ICC has caused huge discomfort among the Israeli side and is moving the Israeli government from an attack posture to one of defense, citing a quote by an Israeli official that Israel is recruiting more lawyers than soldiers as a result of the Palestinian complaint.
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