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Banks pushing for repeal of credit unions' federal tax exemption - Los Angeles Times - 0 views

articles.latimes.com/...fi-credit-union-taxes-20130706 banksters credit-unions Congress Obama lobbying Competition
shared by Paul Merrell on 16 Sep 13 - No Cached
  • Credit unions have been snatching customers from banks amid consumer frustration over rising fees and outrage over Wall Street's role in the financial crisis.Now banks are fighting back by trying to take away something vital to credit unions — their federal tax exemption.With fast-growing credit unions posing more formidable competition to banks, industry trade groups are pressing the White House and Congress to end a tax break that dates to the Great Depression. "Many tax-exempt credit unions have morphed from serving 'people of small means' to become full-service, financially sophisticated institutions," Frank Keating, president of the American Bankers Assn., wrote to President Obama last month."The time has come to abolish this exemption," Keating said in the letter, which was part of a blitz that included print and radio ads in the nation's capital.
  • Bankers long have complained the tax break is an unfair advantage for large credit unions. Now they see an opportunity to get rid of it as lawmakers begin work on a major overhaul of the tax code that is aimed at eliminating many corporate exemptions and lowering the overall tax rate.The exemption cost $1.6 billion this year in taxes avoided and would rise to $2.2 billion annually in 2018, according to Obama's proposed 2014 budget.In a 2010 report on tax reform, the President's Economic Recovery Advisory Board said eliminating the exemption would raise $19 billion over 10 years and remove the credit unions' "competitive advantage relative to other financial institutions" in the tax code.Credit unions said the effort to take away their tax exemption was simply an attempt to stifle competition and remove one of the only checks on bank fees for consumers.And it comes as some in Congress are pushing to loosen regulations on credit unions so they can expand their business further, including legislation that would lift a cap on the amount of money they can lend to businesses.The tax exemption is crucial to credit unions, which by law can't raise capital through public stock offerings the way that banks can, said Fred R. Becker Jr., president of the National Assn. of Federal Credit Unions, a trade group with about 3,800 federally chartered members."They'll have to convert to banks, which is what the banks want," he said. "Then they'd have, for lack of a better term, a monopoly."
  • Paul Merrell on 16 Sep 13
     
    So instead of competing on quality and service, banksters aim to eliminate the competition grown by disgruntled bankster customers. Unfortunately, corporate lobbying of government officials is exempt from the anti-trust laws, a consequence of (in my opinion, ill-considered) judicial recognition of a corporate First Amendment right of petition. So once again, we have legal fictions acquiring human rights. Trustees of Dartmouth College v. Woodward, 4 Wheat. 518, 636 (1819) (Marshall, C. J.). ("A corporation is an artificial being, invisible, intangible, and existing only in contemplation of law. Being the mere creature of law, it possesses only those properties which the charter of its creation confers upon it"). May a corporate charter permissibly bestow the rights of citizenship on an imaginary being? According to latter-day justices of the Supreme Court, corporations have First Amendment rights even if it doesn't say so in the corporate charter. See for example, Citizens United v. Federal Election Com'n, 130 S. Ct. 876 (2010) (chilling effect on "people" used to justify finding a First Amendment right of wholly imaginary corporations). 
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Jim Douglass: A Letter to the American People (and Myself in Particular) On the Unspeak... - 0 views

www.ratical.org/...letterToAP.html Kennedy-Assassination Military-Industrial-Complex
shared by Gary Edwards on 30 Nov 13 - No Cached
  • “But if they’re not [authentic], then you have something of a magnitude beyond common experience that would reflect so devastatingly on our society as a whole and its corruptibility that you don’t know how to deal with it.”[4]
  • Since I began researching the assassinations of Martin Luther King, Malcolm X, and John and Robert Kennedy, I have been shocked by the obvious signature that is written across all four of them. It is the signature of what President Eisenhower identified as the military-industrial complex of our government.[6] We can read that signature at once in Dallas in the identity of the scapegoat Lee Harvey Oswald.
  • When Lee Harvey Oswald was arrested in Dallas after the assassination, he was carrying a Department of Defense ID card that is routinely issued to U.S. intelligence agents abroad. The FBI later obliterated the card by “testing” it but writer Mary La Fontaine discovered a copy of it in l992 in a Dallas Police Department photo. Oswald had been a radar operator for the CIA’s U-2 spy plane while he was a Marine stationed at Atsugi Naval Air Station in Japan. The Atsugi base served as the CIA’s center for its Far East operations. His fellow Marines David Bucknell and James Botelho said that when Oswald “defected” to the Soviet Union, he did so under the direction of U.S. intelligence.[8] The professed traitor Oswald was given a U.S.-government loan to assist his return from the USSR. When he settled in Dallas, his closest friend and mentor was longtime U.S. intelligence operative George DeMohrenschildt.
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  • Fidel Castro recognized “CIA” written all over Lee Harvey Oswald and the press releases on him that were being sent around the world within minutes of the assassination. The whole Dallas set-up was obvious to someone as familiar with CIA assassination plots as Fidel Castro was.
  • The more one investigates the assassination of John Kennedy, the more one becomes immersed in the depths of U.S. intelligence. The American intelligence community was the sea around Lee Harvey Oswald, Jack Ruby, and the host of anti-Castro Cuban exiles and gun runners with whom Oswald and Ruby worked closely.
  • By the Fall of l963 John Kennedy had also decided to withdraw from Vietnam.[14] Robert McNamara in his memoir In Retrospect[15] has described the contentious October 2, l963, National Security Council meeting at which Kennedy decided, against the arguments of most of his advisors: to withdraw all U.S. forces from Vietnam by the end of l965; to withdraw l,000 U.S. troops by the end of l963; to announce this policy publicly “to set it in concrete,” which Press Secretary Pierre Salinger did at a press conference when the meeting was over.[16]
  • After JFK’s assassination, his withdrawal policy was quietly voided.[18] In light of the future consequences of Dallas, it was not only John Kennedy who was crucified on November 22, l963, but 58,000 other Americans and over three million Vietnamese, Laotians, and Cambodians.
  • Clifton Baird was a Louisville, Kentucky, police officer in l965 when he was asked to help kill Martin Luther King. On September l8, l965, Baird gave a ride home in his car to fellow Louisville officer Arlie Blair after their 3-ll pm shift. Baird parked his car in Blair’s driveway, and the two men talked. Alarmed at what Blair was saying, Clifton Baird secretly turned on a microphone hidden under his seat that was connected to a recorder in a rear speaker. What Baird taped was an offer to engage in a conspiracy to kill Dr. King. He later shared the information with author William F. Pepper who included it in his book on the King assassination Orders to Kill.[32] Blair told Baird that an organization he belonged to was willing to pay $500,000 for the death of King. Would Baird be willing to participate? Baird said he definitely would not. He urged Blair to stay away from it, too.
  • The next day at a Louisville police station, Clifton Baird saw Arlie Blair conferring with a group of police officers and FBI agents. The FBI agents had, over a period of sixteen years or more, developed a close relationship with members of the Louisville police force.
  • On September 20, l965, Baird taped a second car conversation with Blair. Blair again brought up the $500,000 bounty for King, which Baird had now connected with the FBI.
  • Myron Billett was another witness to the truth. By undergoing a conversion in his own life, Myron Billett was able to reveal that in January l968 FBI and CIA agents offered a New York Mafia leader a $l million contract to kill Martin Luther King.
  • After Dr. King was assassinated on April 4, Sam Giancana gave Myron Billett $30,000 and told him to start running: They both knew too much and were going to be killed. Giancana was in fact murdered in his Chicago home in June l975, just before he was scheduled to testify before the Church Committee concerning assassination plots. His killing took the form of a symbolic warning to other possible assassination witnesses. Giancana was shot seven times in a circle around his mouth.
  • In his Canadian Broadcasting Corporation lectures at the end of l967 (later published as The Trumpet of Conscience[39]), King’s vision went beyond even these overwhelming concerns. He saw the next step as a global nonviolent movement using escalating acts of massive civil disobedience to disrupt the entire international order and block economic and political exploitation across borders.
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Partnership between Facebook and police could make planning protests impossible - RT USA - 0 views

rt.com/...acebook-police-social-lipp-743 surveillance state Facebook police 1st Amendment constitutional law
shared by Paul Merrell on 26 Oct 13 - No Cached
  • A partnership between police departments and social media sites discussed at a convention in Philadelphia this week could allow law enforcement to keep anything deemed criminal off the Internet—and even stop people from organizing protests. A high-ranking official from the Chicago Police Department told attendees at a law enforcement conference on Monday that his agency has been working with a security chief at Facebook to block certain users from the site “if it is determined they have posted what is deemed criminal content,” reports Kenneth Lipp, an independent journalist who attended the lecture. Lipp reported throughout the week from the International Association of Chiefs of Police conference, and now says that a speaker during one of the presentations suggested that a relationship exists between law enforcement and social media that that could be considered a form of censorship. According to Lipp, the unnamed CPD officer said specifically that his agency was working with Facebook to block users’ by their individual account, IP address or device, such as a cell phone or computer.
  • Paul Merrell on 26 Oct 13
     
    Here's a First Amendment conspiracy civil rights case waiting to happen. Prior restraints on speech are a very big constitutional no-no. When private actors such as Facebook staff conspire with government officials to violate federal rights, they are just as susceptible to a civil rights lawsuit as the government officials are. Query, does Mark Zuckerberg now know how to hire and effectively use competent lawyers? 
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Amend the Federal Reserve: We Need a Central Bank that Serves Main Street | Global Rese... - 0 views

www.globalresearch.ca/...5360637 banksters federal-reserve Federal-Reserve-reform
shared by Paul Merrell on 11 Dec 13 - No Cached
  • December 23rd marks the 100th anniversary of the Federal Reserve. Dissatisfaction with its track record has prompted calls to audit the Fed and end the Fed.  At the least, Congress needs to amend the Fed, modifying the Federal Reserve Act to give the central bank the tools necessary to carry out its mandates. The Federal Reserve is the only central bank with a dual mandate. It is charged not only with maintaining low, stable inflation but with promoting maximum sustainable employment. Yet unemployment remains stubbornly high, despite four years of radical tinkering with interest rates and quantitative easing (creating money on the Fed’s books). After pushing interest rates as low as they can go, the Fed has admitted that it has run out of tools. At an IMF conference on November 8, 2013, former Treasury Secretary Larry Summers suggested that since near-zero interest rates were not adequately promoting people to borrow and spend, it might now be necessary to set interest at below zero. This idea was lauded and expanded upon by other ivory-tower inside-the-box thinkers, including Paul Krugman. Negative interest would mean that banks would charge the depositor for holding his deposits rather than paying interest on them. Runs on the banks would no doubt follow, but the pundits have a solution for that: move to a cashless society, in which all money would be electronic. “This would make it impossible to hoard cash outside the bank,” wrote Danny Vinik in Business Insider, “allowing the Fed to cut interest rates to below zero, spurring people to spend more.”
  • Business Week quotes Douglas Holtz-Eakin, a former director of the Congressional Budget Office: “We’ve had four years of extraordinarily loose monetary policy without satisfactory results, and the only thing they come up with is we need more?” Paul Craig Roberts, former Assistant Secretary of the Treasury, calls the idea “harebrained.” He is equally skeptical of quantitative easing, the Fed’s other tool for stimulating the economy. Roberts points to Andrew Huszar’s explosive November 11th Wall Street Journal article titled “Confessions of a Quantitative Easer,” in which Huszar says that QE was always intended to serve Wall Street, not Main Street.  Huszar’s assignment at the Fed was to manage the purchase of $1.25 trillion in mortgages with dollars created on a computer screen. He says he resigned when he realized that the real purpose of the policy was to drive up the prices of the banks’ holdings of debt instruments, to provide the banks with trillions of dollars at zero cost with which to lend and speculate, and to provide the banks with “fat commissions from brokering most of the Fed’s QE transactions.”
  • Bernanke created debt-free money and bought government debt with it, returning the interest to the Treasury. The result was interest-free credit, a good deal for the government. But the problem, says Lounsbury, is that: The helicopters dropped all the money into a hole in the ground (excess reserve accounts) and very little made its way into the economy.  It was essentially a rearrangement of the balance sheets of the creditor nation with little impact on the debtor nation. . . . The fatal flaw of QE is that it delivers money to the accounts of the creditors and does nothing for the accounts of the debtors. Bad debts remain unserviced and the debt crisis continues.
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  • Bernanke delivered the money to the creditors because that was all the Federal Reserve Act allowed. If the Fed is to fulfill its mandate, it clearly needs more tools; and that means amending the Act.  Harvard professor Ken Rogoff, who spoke at the November 2013 IMF conference before Larry Summers, suggested several possibilities; and one was to broaden access to the central bank, allowing anyone to have an ATM at the Fed. Rajiv Sethi, Barnard/Columbia Professor of Economics, expanded on this idea in a blog titled “The Payments System and Monetary Transmission.” He suggested making the Federal Reserve the repository for all deposit banking. This would make deposit insurance unnecessary; it would eliminate the need to impose higher capital requirements; and it would allow the Fed to implement monetary policy by targeting debtor rather than creditor balance sheets. Instead of returning its profits to the Treasury, the Fed could do a helicopter drop directly into consumer bank accounts, stimulating demand in the consumer economy. John Lounsbury expanded further on these ideas. He wrote in Econintersect that they would open a pathway for investment banking and depository banking to be separated from each other, analogous to that under Glass-Steagall. Banks would no longer be too big to fail, since they could fail without destroying the general payment system of the economy. Lounsbury said the central bank could operate as a true public bank and repository for all federal banking transactions, and it could operate in the mode of a postal savings system for the general populace.
  • The Federal Reserve Act was drafted by bankers to create a banker’s bank that would serve their interests. It is their own private club, and its legal structure keeps all non-members out.  A century after the Fed’s creation, a sober look at its history leads to the conclusion that it is a privately controlled institution whose corporate owners use it to direct our entire economy for their own ends, without democratic influence or accountability.  Substantial changes are needed to transform the Fed, and these will only come with massive public pressure. Congress has the power to amend the Fed – just as it did in 1934, 1958 and 2010. For the central bank to satisfy its mandate to promote full employment and to become an institution that serves all the people, not just the 1%, the Fed needs fundamental reform.
  • Paul Merrell on 11 Dec 13
     
    In my view, the Fed is beyond salvage. It needs abolition, not a new role. The Constitution grants Congress the power to mint and coin money, not a group of rent-seeking banksters. 
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Netanyahu Promises Talmud Will Be Israeli Law - Inside Israel - News - Israel National ... - 0 views

www.israelnationalnews.com/...180440 Israel Jewish-State Netanyahu
shared by Paul Merrell on 13 May 14 - No Cached
  • Prime Minister Binyamin Netanyahu reportedly revealed at a Likud conference on Wednesday some remarkable facets of the Basic Law he submitted last Thursday, which would enshrine Israel's status as the nation-state of the Jewish people. Netanyahu told the head of Likud's hareidi division Yaakov Vider at the conference that he intends to make the Hebrew calendar, which is based on Jewish law, the official calendar of Israel, reports Kikar Hashabat. The new law also would establish the Talmud, the core work of Jewish law, as an official basis for Israeli state law. "I'm going to personally be involved in the law defining the state of Israel as the nation-state of the Jewish people," Netanyahu reportedly told Vider. "It's a very important law that will influence how Israel will look in the future."
  • "I want to anchor in this law, that it will be a Basic Law that the state of Israel arose and exists on the basis of the Torah and the Jewish tradition," Netanyahu explained, promising to define the Hebrew calendar as the official state calendar. Netanyahu also promised that "we will define in the law the Gemara as a basis for the Israeli legal system," referencing the Jewish legal text analyzing the Mishnah, a legal work of the Jewish sages, which together form the Talmud. Discussing the new Basic Law on Sunday in a cabinet meeting, Netanyahu stated "the existence of the State of Israel as a Jewish state does not actualize itself enough in our Basic Laws, which is what the proposed law aims to fix." Netanyahu stressed the law would not restrict the rights of non-Jewish citizens of Israel. He further dismissed opposition to the law by leftist MKs, foremost among them Justice Minister Tzipi Livni who pledged to block the law.
  • Paul Merrell on 13 May 14
     
    Bibi pours more gasoline on the fire. Twenty per cent of the Israeli population is native Palestinian Muslims and more than a million ejected Palestinians have a right of return to their homes in Israel recognized in international law. It's been a very long ride, but the nation of Israel is finally on suicide watch while Bibi inflicts more wounds on his nation.   
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The Qatari Deal To Hold The Taliban - The Qataris Have Been Used Before By President Ob... - 1 views

theconservativetreehouse.com/...ama-with-horrific-consequences Benghazi-coverup Qatar Gitmo-5 Obammunism
shared by Gary Edwards on 09 Jun 14 - No Cached
  • Three months, a naval fleet, 3,000 marines, one Billion dollars, and 450 cruise missiles later, it’s May 2011 and Obama had yet to ask for permission to engage in his offensive war from anyone but himself and the previously noted ‘club of the traveling pantsuits’. Despite the Office of Legal Council (the golfers own legal team) telling him approval is needed, he chose to violate the War Powers Act and more importantly the Constitution. It is critical to remember the political battle being waged at the time over whether President Obama had the authority to take “offensive military action”, without congressional approval,  when the threat was not against the United States. It’s critical because from that initial impetus you find the reason why arming the Libyan rebels had to be done by another method – because President Obama never consulted congress, nor sought permission.
  • Normally, in order to send arms to the rebels lawfully, President Obama would have to request approval from Congress. He did not want to do that.   Partly because he was arrogant, and partly because he did not want the politically charged fight that such a request would engage.  It would hamper his ability to take unilateral action in Libya.
  • So an alternate method of arming the rebels needed to be structured.    Enter the State Department, Hillary Clinton, and CIA David Petraeus. Weapons, specifically MANPADS or shoulder fired missiles, would be funneled to the Benghazi rebels by the State Dept, through the CIA under the auspices of ongoing NATO operations.   May, June, July, August, Sept, 2011 this covert process was taking place. It was this covert missile delivery process which later became an issue after Gaddafi was killed.    It was during the recovery of these missiles , and the redeployment/transfer to the now uprising “Syrian Rebels” when Ambassador Chris Stevens was killed on Sept. 11th 2012.
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  • [O]n July 25, 2012, Taliban fighters in Kunar province successfully targeted a US Army CH-47 helicopter with a new generation Stinger missile. They thought they had a surefire kill. But instead of bursting into flames, the Chinook just disappeared into the darkness as the American pilot recovered control of the aircraft and brought it to the ground in a hard landing. The assault team jumped out the open doors and ran clear in case it exploded. Less than 30 seconds later, the Taliban gunner and his comrade erupted into flames as an American gunship overhead locked onto their position and opened fire. The next day, an explosive ordnance disposal team arrived to pick through the wreckage and found unexploded pieces of a missile casing that could only belong to a Stinger missile. Lodged in the right nacelle, they found one fragment that contained an entire serial number. The investigation took time. Arms were twisted, noses put out of joint. But when the results came back, they were stunning: The Stinger tracked back to a lot that had been signed out by the CIA recently, not during the anti-Soviet ­jihad. Reports of the Stinger reached the highest echelons of the US command in Afghanistan and became a source of intense speculation, but no action. Everyone knew the war was winding down. Revealing that the Taliban had US-made Stingers risked demoralizing coalition troops. Because there were no coalition casualties, government officials made no public announcement of the attack. My sources in the US Special Operations community believe the Stinger fired against the Chinook was part of the same lot the CIA turned over to the ­Qataris in early 2011, weapons Hillary Rodham Clinton’s State Department intended for anti-Khadafy forces in Libya. They believe the Qataris delivered between 50 and 60 of those same Stingers to the Taliban in early 2012, and an additional 200 SA-24 Igla-S surface-to-air missiles.  (link)
  • Gary Edwards on 09 Jun 14
     
    The pieces of the puzzle are slowly coming together, and it isn't pretty. This article connects Qatar, Afghanistan and hero of Benghazi, to the fabulous five terrorist dream team Obama let out of the gitmo prison. Incredible story. excerpt: "How Our Stinger Missiles Wound Up In Afghanistan Being Used Against Our Own Troops: On February 15th 2011 a civil war erupted inside Libya.   Egyptian Islamists previously  freed from jail by the Muslim Brotherhood flooded into Eastern Libya and joined with their ideological counterparts.  al-Qaeda operatives hell bent on using the cover of the Arab Spring to finally rid themselves of their nemesis, Muammar Gaddafi. President Obama chose to ignore an outbreak of violence in Libya for 19 days.  Perhaps Obama was tentative from the criticism he and Hillary received over the mixed messaging in Egypt.  Regardless, eventually Obama was begged to engage himself by leaders from France, The United Kingdom, and Italy. The White House advisors (Emanuel, McDonough, Donolin, Jarrett, Axelrod, Plouffe) were more cautious this time.  Initially Obama ignored the EU requests and later chose to dispatch the Secretary of State, Hillary Clinton, to Europe to address their concerns. "Look, enough with the jokes shorty; you got us into this mess, now the turban heads are laughing at us"… "ah, bot of course, zeah av bullets, no? Vee ave to shoot" For the following 11 days American citizens, including State Dept. embassy officials, were trying to evacuate the country as vast swathes of the country erupted in bloodshed and violence, they became trapped in Tripoli.   A bloody national revolution was underway. The United Nations Security Council held urgent immediate emergency meetings to try to determine what to do.    However, the United States Ambassador to those meetings, Susan Rice, was not present.    She was attending a global warming summit in Africa. Without the U.S. present the United  Natio
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Entire Leadership of ISIS Opposition Wiped Out by 'Unexplained' Explosion - 0 views

www.breitbart.com/...ISIS-Opposition-Killed-Bomb war & peace Syria moderate-rebels leadership up-in-smoke Ahrar-al-Sham
shared by Paul Merrell on 13 Sep 14 - No Cached
  • Nearly fifty senior commanders of a major coalition of Islamic 'moderates' opposed to ISIS in Syria have been killed by an explosion at their secret command bunker as they met to discuss strategy against the the Islamic State. The blast in the Northwest region of Idlib, Syria on Tuesday killed senior members of rebel group the Ahrar-al-Sham brigade (AaS), including leader Hassan Abboud and 45 others including senior members from other rebel alliance groups, reports The Times. The Idlib region stands in AaS territory, but it is close to the front-line with ISIS in neighbouring Aleppo. Sources dispute the source of the blast, with it being unclear whether it was an opposition group, suicide bomber, or accidental explosion at a nearby ammunition dump. Regardless, the incident will destabilise and possibly tear apart the AaS group and associated Islamic Front Coalition which was recently described as "the most powerful armed group in Syria". Islamic group Ahrar-al-Sham, whose name translates as 'The Free Men of Syria', is one of many movements competing in the inter-rebel conflict in Syria. A number of rebel groups are presently fighting each other as well as besieged Syrian President Bashar al-Assad, whose power base is in West and South-West, for overall control of the Region.
  • As the main rival to ISIS for control of Syria, the AaS blast if not orchestrated by the Islamic State will certainly be greatly beneficial to them. The 'decapitation' strategy, targeting Ahrar-al-Sham’s political, military and spiritual leadership is reminiscent of the United States’ targeted strikes against the leadership of Al-Qaeda. The death of Abboud and his followers in Idlib highlights the difficulty of Western involvement in the conflict, where enemies of the apparent first enemy ISIS also make fairly poor potential allies. Many members of AaS have come from groups like Al-Qaeda and would in any other context be considered hard line Islamists. The Ahrar-al-Sham brigade has also been extremely critical of Western involvement in the conflict. In an interview before his death leader Abboud rejected the Geneva peace conference saying: "We see Geneva as a tool of manipulation; to derail the Syrian revolution away from its goals and objectives .... Whatever outcome the conference may yield, will be binding on the Syrian National Coalition only. For us, we will continue to fight for our revolution until we restore our rights”. Ahrar-al-Sham has appointed a new leader, Hashim al-Sheikh, who will attempt to hold together the fragile coalition which has lost most of its senior thinkers and strategists. al-Sheik said the attack "will only make us more resilient to fight and continue the fight until we liberate our homeland" on Wednesday.
  • Paul Merrell on 13 Sep 14
     
    There went Obama's plan for Syria: "Across the border, in Syria, we have ramped up our military assistance to the Syrian opposition.  Tonight, I call on Congress again to give us additional authorities and resources to train and equip these fighters.  In the fight against ISIL, we cannot rely on an Assad regime that terrorizes its own people - a regime that will never regain the legitimacy it has lost.  Instead, we must strengthen the opposition as the best counterweight to extremists like ISIL, while pursuing the political solution necessary to solve Syria's crisis once and for all." - Barack Obama (September 10, 2014) And there goes Hillary's election campaign stump speech on Syria. http://goo.gl/psjYQy
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John Kerry admits: some US surveillance has gone too far | World news | theguardian.com - 0 views

www.theguardian.com/...some-surveillance-gone-too-far surveillance state NSA NSA-blowback Obama Kerry Snowden Germany
shared by Paul Merrell on 01 Nov 13 - No Cached
  • John Kerry, the US secretary of state, conceded on Thursday that some of the country's surveillance activities had gone too far, saying that certain practices had occurred "on autopilot" without the knowledge of senior officials in the Obama administration.In the most stark comments yet by a senior administration official, Kerry promised that a previously announced review of surveillance practices would be thorough and that some activities would end altogether."The president and I have learned of some things that have been happening in many ways on an automatic pilot, because the technology is there and the ability is there," he told a conference in London via video link."In some cases, some of these actions have reached too far and we are going to try to make sure it doesn't happen in the future."
  • In recent days, the Obama administration has put some distance between it and the National Security Agency (NSA). Kerry's comments are a reflection in particular of a concern about the diplomatic fallout from the revelation that the US monitored the cellphone of the German chancellor, Angela Merkel.The tactic has irritated senior intelligence officials. On Thursday evening, the director of the NSA, General Keith Alexander, blamed US diplomats for requests to place foreign leaders under surveillance.During a pointed exchange with a former US ambassador to Romania, James Carew Rosapepe, Alexander said: "We, the intelligence agencies, don't come up with the requirements. The policy-makers come up with the requirements."He added: "One of those groups would have been, let me think, hold on, oh: ambassadors."
  • Alexander said that the NSA collected information when it was asked by policy officials to discover the "leadership intentions" of foreign countries. "If you want to know leadership intentions, these are the issues," he said at a discussion hosted by the Baltimore Council on Foreign Relations.Earlier in Washington, the debate continued about whether further legal constraints should be placed on the NSA. The Senate intelligence committee approved a bill that placed largely cosmetic restrictions on the National Security Agency's domestic surveillance programme.The bill, sponsored by committee chairwoman Dianne Feinstein, a California Democrat, allows the NSA continue to collect phone metadata of millions of Americans for renewable 90-day periods, but orders it to be more transparent about the practice.
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  • The bill, which is competing with more restrictive measures from other committees, now moves forward to a full Senate vote. The stage is now set for a showdown with the USA Freedom Act, a bipartisan bill that would prohibit bulk collection of Americans' telephone records.Senator Mark Udall, a Democratic member of the Senate intelligence committee and a supporter of NSA reform, said it did not go far enough."The NSA's invasive surveillance of Americans' private information does not respect our constitutional values and needs fundamental reform, not incidental changes," he said.
  • In a separate development on Thursday, a group of technology giants called for substantial reforms to the US government's surveillance programmes. The companies were furious about revelations this week – the latest to emerge from documents leaked by the former NSA contractor Edward Snowden – that the agency had intercepted the cables that link the worldwide data centres belonging to Google and Yahoo.It was also reported that Obama had ordered the NSA to stop eavesdropping on the headquarters of the International Monetary Fund (IMF) and World Bank. Reuters cited a US official as saying the president had ordered the halt in the past few weeks.The NSA's surveillance of the IMF and World Bank has not previously been disclosed.
  • In response to Reuters inquiries, a senior Obama administration official said, "The United States is not conducting electronic surveillance targeting the headquarters of the World Bank or IMF in Washington." The Obama administration official, who spoke on condition of anonymity, did not address whether the NSA had eavesdropped on the two entities in the past.Kerry, in his comments to a conference organised by the Open Government Partnership, acknowledged that trust needed to be restored. "There is an effort to try to gather information, yes, in same cases inappropriately, and the president is now doing a thorough review, in order that nobody will have a sense of abuse," he said.Despte the cracks between the administration and the spy community, Kerry was careful to defended the motives of US intelligence agencies, insisting no "innocent people" were being abused and saying surveillance by several countries had prevented many terrorist plots.
  • A German MP said he met Snowden in Moscow on Thursday, and said the NSA whistelblower was prepared in principle to help Germany investigate allegations of surveillance by US intelligence.Hans-Christian Stroebele, a lawmaker with Germany's opposition Greens and a prominent critic of the NSA's alleged actions, told ARD television that Snowden "made clear he knows a great deal."He said Snowden would be prepared to travel to Germany and testify, "but the circumstances would have to be cleared up".
  • Paul Merrell on 01 Nov 13
     
    Looks like maybe Snowden is now a hero in Germany and may be allowed to travel there. Meanwhile, the Obama Administration rats continue to desert the sinking NSA ship, but Diane Feinstein fights on to preserve mass surveillance. 
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Lavabit To Release Code As Open Source, As It Creates Dark Mail Alliance To Create Even... - 0 views

www.techdirt.com/...surveillance-proof-email.shtml surveillance state NSA Dark Mail Alliance NSA-blowback
shared by Paul Merrell on 31 Oct 13 - No Cached
  • This whole morning, while all these stories of the NSA hacking directly into Google and Yahoo's network have been popping up, I've been at the Inbox Love conference, all about the future of email. The "keynote" that just concluded, was Ladar Levison from Lavabit (with an assist from Mike Janke from Silent Circle), talking about the just announced Dark Mail Alliance, between Lavabit and Silent Circle -- the other "security" focused communications company who shut down its email offering after Lavabit was forced to shut down. Levison joked that they went with "Dark Mail" because "Black Mail" might have negative connotations. Perhaps just as interesting, Levison is going to be releasing the Lavabit source code (and doing a Kickstarter project to support this), with the hope that many others can set up their own secure email using Lavabit's code, combined with the new Dark Mail Alliance secure technology which will be available next year. As noted, the Alliance is working on trying to create truly secure and surveillance-proof email. Of course, nothing is ever 100% surveillance proof -- and both members of the alliance have previously claimed that it was almost impossible to do surveillance-proof email. However, they're claiming they've had a "breakthrough" that will help.
  • The newly developed technology has been designed to look just like ordinary email, with an interface that includes all the usual folders—inbox, sent mail, and drafts. But where it differs is that it will automatically deploy peer-to-peer encryption, so that users of the Dark Mail technology will be able to communicate securely. The encryption, based on a Silent Circle instant messaging protocol called SCIMP, will apply to both content and metadata of the message and attachments. And the secret keys generated to encrypt the communications will be ephemeral, meaning they are deleted after each exchange of messages. For the NSA and similar surveillance agencies across the world, it will sound like a nightmare. The technology will thwart attempts to sift emails directly from Internet cables as part of so-called “upstream” collection programs and limit the ability to collect messages directly from Internet companies through court orders. Covertly monitoring encrypted Dark Mail emails would likely have to be done by deploying Trojan spyware on a targeted user. If every email provider in the world adopted this technology for all their users, it would render dragnet interception of email messages and email metadata virtually impossible.
  • Importantly, they're not asking everyone to just trust them to be secure -- even though both companies have the right pedigree to deserve some level of trust. Instead, they're going to release the source code for public scrutiny and audits, and they're hoping that other email providers will join the alliance. At the conference, Levison recounted much of what's happened over the last few months (with quite a bit of humor), joking about how he tried to be "nice" in giving the feds Lavabit's private keys printed out, by noting that he included line numbers to help (leaving unsaid that this would make OCR'ing the keys even more difficult). He also admitted that giving them the paper version was really just a way to buy time to shut down Lavabit.
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  • Janke came up on stage to talk about the importance of changing the 40-year-old architecture of email, because it's just not designed for secure communications. The hope is that as many other email providers as possible will join the Alliance and that this new setup becomes the de facto standard for end-to-end secure email, which is where Levison's open sourcing of his code gets more interesting. In theory, if it all works out, it could be a lot easier for lots of companies to set up their own "dark mail" email providers. Either way, I would imagine that this development can't make the NSA all that happy.
  • Paul Merrell on 31 Oct 13
     
    Oh, Goody!
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Pelosi says Iran deal has the votes, and Podhoretz urges Israel to attack Iran - Mondow... - 0 views

mondoweiss.net/...pelosi-podhoretz-israel war & peace Iranian-nukes-myth Iran-negotiations Congress Pelosi
shared by Paul Merrell on 02 Aug 15 - No Cached
  •      House Minority Leader Nancy Pelosi is “confident” that the House would be able to uphold the president’s veto of a potential Republican-backed bill to kill the deal. “More and more of them have confirmed to me that they will be there to sustain the veto,” Pelosi said at her weekly press conference, referring to members of the Democratic caucus. “They’ve done this not blindly but thoroughly,” as they examined the agreement over recent weeks.
  • House Minority Leader Nancy Pelosi is “confident” that the House would be able to uphold the president’s veto of a potential Republican-backed bill to kill the deal. “More and more of them have confirmed to me that they will be there to sustain the veto,” Pelosi said at her weekly press conference, referring to members of the Democratic caucus. “They’ve done this not blindly but thoroughly,” as they examined the agreement over recent weeks.
  • The fear among major Jewish organizations that they will be drawn into the domestic U.S. political fray over the nuclear deal is prominent in statements released by both the Anti-Defamation League (ADL) and the American Jewish Committee (AJC). Both organizations have refrained from strongly attacking the nuclear agreement and defining it as a disaster, instead leading the public to believe that they instead have misgivings over large parts of the agreement, and that they hope that Congress will review it in depth. The U.S. Reform movement, too, issued a convoluted statement that fell short of taking a decisive stance on the agreement. Norman Podhoretz has never had this problem. He became a neoconservative because he wanted a big U.S. military budget to support Israel. Now he sees the writing on the wall and calls for an Israeli attack on Iran, in Wall Street Journal: I remain convinced that containment is impossible, from which it follows that the two choices before us are not war vs. containment but a conventional war now or a nuclear war later.
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  • Israelis are waking up to their abandonment by the majority of US Jewry. Sort of the anti-67 War. Haaretz says the lobby is in crisis. Boldface mine: Israel’s consul general in Philadelphia, Yaron Sideman, warned Jerusalem this week that the American Jewish community is divided over the nuclear agreement with Iran, and does not stand united behind Israel in the controversy. The problem is that Israel has burned up its influence over the White House, and US Jews don’t want to be exposed as Israel supporters: a CEO of one of the Jewish federations in the Philadelphia region told [Sideman] that in his view, Israel’s status vis-à-vis the Obama administration is at a low point, which could adversely affect the Jewish community. He cited the Jewish leader telling him, “In the next year and a half (until the end of President Barack Obama’s term) Israel’s and the Jewish communities’ maneuvering space regarding advancing Israel’s interests is extremely limited to non existent.” Even those who oppose the deal are reluctant to come forward because they will be seen to be advancing Israel’s interest over the U.S. interest. Nice play, Netanyahu.
  • Given how very unlikely it is that President Obama, despite his all-options-on-the-table protestations to the contrary, would ever take military action, the only hope rests with Israel. If, then, Israel fails to strike now, Iran will get the bomb. And when it does, the Israelis will be forced to decide whether to wait for a nuclear attack and then to retaliate out of the rubble, or to pre-empt with a nuclear strike of their own. But the Iranians will be faced with the same dilemma. Under these unprecedentedly hair-trigger circumstances, it will take no time before one of them tries to beat the other to the punch. And so my counsel to proponents of the new consensus is to consider the unspeakable horrors that would then be visited not just on Israel and Iran but on the entire region and beyond. The destruction would be far worse than any imaginable consequences of an Israeli conventional strike today when there is still a chance to put at least a temporary halt, and conceivably even a permanent one, to the relentless Iranian quest for the bomb
  • Oh and here is the ultimate chutzpah, right up there with killing your parents and asking for a light sentence because you’re an orphan. In a call to Israel supporters, Bret Stephens says that lawmakers should kill the Iran deal because if they support it, it will haunt them the same way voting for the Iraq war has haunted them. Stephens pushed that disastrous war. Oh and Stephens threatens their financial contributions, too. Glenn Greenwald has the clip:
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Intelligence chief: Iraq and Syria may not survive as states | WLNS - 0 views

wlns.com/...ia-may-not-survive-as-states-2 war & peace DIA CIA Iraq Syria Balkanization
shared by Paul Merrell on 12 Sep 15 - No Cached
  • Iraq and Syria may have been permanently torn asunder by war and sectarian tensions, the head of the Defense Intelligence Agency said Thursday in a frank assessment that is at odds with Obama administration policy. “I’m having a tough time seeing it come back together,” Lt. Gen. Vincent Stewart told an industry conference, speaking of Iraq and Syria, both of which have seen large chunks territory seized by the Islamic State. On Iraq, Stewart said he is “wrestling with the idea that the Kurds will come back to a central government of Iraq,” suggesting he believed it was unlikely. On Syria, he added: “I can see a time in the future where Syria is fractured into two or three parts.” That is not the U.S. goal, he said, but it’s looking increasingly likely.
  • CIA Director John Brennan, speaking on the same panel at an industry conference, noted that the countries’ borders remain in place, but the governments have lost control of them. A self-declared caliphate by the Islamic State straddles the border between both countries. Iraqis and Syrians now more often identify themselves by tribe or religious sect, rather than by their nationality, he said. “I think the Middle East is going to be seeing change over the coming decade or two that is going to make it look unlike it did,” Brennan said.
  • The Obama administration’s official policy is that Iraq and Syria remain internationally recognized nation states. Administration officials, for example, have resisted calls to send arms directly to the Kurds, who have carved out a measure of autonomy in northern Iraq and have been America’s most loyal ally in the region. The administration has insisted that arms for the Kurds be routed through the government in Baghdad. In 2006, then-Sen. Joe Biden argued for splitting Iraq into three autonomous ethnic zones with a limited role for a central government. The George W. Bush administration sought to keep Iraq unified, but Sunnis eventually became disaffected with a Shiite government in Baghdad that excluded them. Kurds have been in continual disputes over budgets and oil with Bagdad, and they have seized control of the strategic northern city of Kirkuk.
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Clinton Says Removing Assad in Syria Is Top Priority - Haaretz - 0 views

www.haaretz.com/...1.678985 war & peace Syria Hillary Auction 2016 Carter
shared by Paul Merrell on 11 Oct 15 - No Cached
  • U.S. Democratic presidential candidate Hillary Clinton on Monday said removing President Bashar al-Assad is the top priority in Syria.
  • U.S. Defence Secretary Ash Carter said on Monday that Russia's ongoing military action in Syria against moderate groups puts at further risk "the very political resolution and preservation of Syria's structure of future governance it says that it wants." "This approach is tantamount to pouring gasoline on the fire of the Syrian civil war," he said. Carter said he continues to hope that Russian President Vladimir Putin "will see that tethering Russia to a sinking ship is a losing strategy" and that it will go after Islamic State targets rather than using its airstrikes to hit Syrian President Bashar Assad's opposition. Speaking at a press conference Monday in Spain, Carter said the U.S. is conferring with Turkish leaders about the airspace violation and that the issue will come up later this week at the NATO meeting of defense ministers
  • Paul Merrell on 11 Oct 15
     
    Good to see that Hillary is on the side of al-Nusrah, Isil, and al-Qaeda.
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Senior US official in Venezuela for meetings with Maduro - The Washington Post - 0 views

www.washingtonpost.com/...4-b6d7-b9bc8acf16f7_story.html war & peace Venezuela U.S.-foreign-policy Summit-of-the-Americas
shared by Paul Merrell on 09 Apr 15 - No Cached
  • A senior U.S. diplomat was in Venezuela on Wednesday for talks with President Nicolas Maduro ahead of a regional summit in which tensions between Caracas and Washington threatened to overshadow a thaw in U.S.-Cuba relations. News of the visit by State Department counselor Thomas Shannon came after Maduro announced promotions for two of the seven officials the United States sanctioned in March for alleged human rights violations and corruption. Caracas responded at the time by ordering most U.S. diplomats posted in the Venezuela capital to leave. Shannon flew to Venezuela on Tuesday after its leaders invited the Obama administration to send a senior official to Caracas in advance of the three-day Summit of the Americas, which begins Friday in Panama.
  • Shannon was expected to meet with Venezuela’s opposition coalition Thursday. There was no immediate word on the content of the talks. Maduro made his announcement about the promotions of two officials on Tuesday evening. One of the promoted officials is Katherine Harrington, who will oversee criminal investigations. As a prosecutor, she has charged several opposition members with attempting to overthrow the government. The other is Manuel Perez Urdaneta, who will oversee citizen safety. He was previously national police director. Maduro has called the sanctions an act of war and hails as national heroes those who have had their U.S. assets frozen and visas revoked.
  • Also on Wednesday, Brazilian President Dilma Rousseff spoke to Maduro and Vice President Joe Biden on the phone Tuesday, according to a statement released by her administration. She found that Maduro is willing to smooth relations with the U.S., and offered her help in fostering dialogue, according to the statement.
  • Paul Merrell on 09 Apr 15
     
    More efforts to get Obama thriough the Summit of the Americas conference that begins today with the least embarrassment stemming from the failed U.S. attempt to overthrow Venezuela's government earlier this year. The most detailed account of the coup attempt and its defeat is at http://www.voltairenet.org/article186879.html
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Yemen crisis: What will Saudi Arabia do when - not if - things go wrong in their war wi... - 0 views

www.independent.co.uk/...ia-houthi-rebels-10153113.html war & peace Yemen Houthis Hezbollah Saudis Pakistan
shared by Paul Merrell on 09 Apr 15 - No Cached
  • The depth of the sectarian war unleashed in Yemen shows itself in almost every Gulf Arab official statement and in the official press. The Saudis take it as read that Iranian forces are actually present in Yemen to assist the Shia Houthis. There are Hezbollah fighters from Lebanon with the Houthis. Iran is itself behind the Houthi uprising. One Kuwaiti journalist calls the Houthi rebels “rats”. As usual in Arab wars, real evidence has gone out of the window.
  • At a Syrian refugee conference in Kuwait this week, the Saudis were lauded for their generosity in pledging $60m for homeless and destitute Syrians out of a total of $3.8bn of promised aid world wide. No-one was ungenerous enough to mention that the Saudis bought $67bn worth of weapons from the US in 2011-12.
  • With that kind of money you might be able to buy up most of the protagonists in the Syrian war and get them to agree on a ceasefire. But this is the figure that makes sense of the Yemen war.That, and the fact that Pakistan is part of this extraordinary coalition. Pakistan is a nuclear power – “Saudi Arabia’s nuclear bomb outside Saudi Arabia”, as one conference delegate bleakly put it in Kuwait.There are 8,000 Pakistani troops based in the Saudi kingdom. And Pakistan is one of the most corrupt and unstable nations in South-west Asia. Bringing Pakistan – widely believed to have shipped second-hand weapons to anti-government rebels in Syria via Saudi Arabia – into the Yemen conflict is not adding oil to the fire. It’s adding fire to the oil.Iran has maintained a diplomatic silence. When Saudi foreign minister Saud al-Faisal accused Iran of supporting the destabilisation of Yemen, the Iranian deputy foreign minister, Hossein Amir-Abdollahian warned that the Saudi attack was a “strategic mistake”, a comparatively mild reaction.
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  • Perhaps that is what you expected to hear when the Iranian minister’s nation was still trying to persuade the Americans to lift sanctions against Tehran. Or perhaps he actually meant what he said, which means that the Saudis may find it to have been easier starting a war in Yemen than ending one.
  • The leader of the Lebanese Shia Hezbollah movement, Hassan Nasrallah, scored a point in his own country when he asked why the Saudis were prepared to fight the Houthis with their huge forces but had never raised the sword to fight for the Palestinians.Saudis are being told to regard their country’s struggle as a decision even more important than Saudi Arabia’s appeal to the US to send troops to the land of the Two Holy Mosques in 1990 – a view Osama bin Laden might have disagreed with.What is less clear, however, is where Washington stands amid all this rhetorical froth in the Gulf and real dead bodies in Yemen. There have been reports in the Arab states that US drone attacks have been made as part of the coalition’s battle in Yemen, that American intelligence has been pin-pointing targets for the Saudis (with the usual civilian casualties). There was a time when America’s war in Yemen seemed to be just part of the whole War on Terror fandango throughout the Middle East. Not any more.
  • And what of Israel? In Kuwait, Arabs privately agreed that Saudi fears of Iran’s nuclear potential suited Israel very well – although there has been no evidence in the Gulf that Israel heartily supported the Saudis to the point of sending them a message of approval over the Yemen assault.But with the US an ally of both countries, this would be unnecessary. What we now have to learn is what the Saudis will do when – not if – things go wrong.Ask the Pakistanis to send part of their vast army into the cauldron? Or ask their Egyptian allies to earn their pocket money from Riyadh by sending their soldiers to the land which the greatest of all Egyptian presidents once retreated from with deep regret: a man called Gamel Abdul Nasser
  • Paul Merrell on 09 Apr 15
     
    The Saudis did request that Pakistan send in ground troops. The Pakistan Parliament is in its fourth day of debating the issue, with very strong opposition to the Saudi request. Still, the Saudis have sent Parkistan so much financial aid that fears of not acceding to the request might prevail. But another factor is that Pakistan has its domestic unrest to fight along the Afghan border where U.S. drones keep the kettle aboil; it may be reluctant to dilute its strength to send sufficient troops to Yemen to do the job.   Although the Saudi Army is ridiculously well-armed, it has no experience in fighting wars. The Saudis have preferred to work through mercenaries instead. If forced to send in its own troops, Yemen could indeed become the House of Saud's Afghanisatan.   The Houthi are battle-hardened and well organized along Hezbollah guerrilla lines with a Hezbollah advisory force in attendance. The Houthis took Yemen and no one should forget that Hezbollah has repelled the best that Israel could throw at them in Lebanon at least twice. (Hezbollah was originally trained by Iranian Revolutionary Guard forces in the early 1990s.) There is also the enormous home court advantage for the Houthis, even more pronounced if the Saudis send in their own troops; the Houthis would then be fighting Salafists for their very survival as a culture.  
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People Who Should Be Shot: The Unedited "Forbidden" SNL Economic Bailout Skit - 0 views

guestofaguest.com/...dden-snl-economic-bailout-skit financial-crisis obama-socialism snl pelosi-franks-soros banksters
shared by Gary Edwards on 12 Mar 09 - Cached
  • Gary Edwards on 12 Mar 09
     
    This is a killer sketch featuring Nancy Pelosi, Barney Frank and George Soros along with the so called "victims" of the mortgage crisis. The setting is a joint press conference between Bush and congressional leaders Pelosi and Frank to celebrate the $750 Billion TARP bailout package. The sketch became so problematic for the NBC and the Socialist Party, the YouTube version was edited (gutted). When that didn't work, it was removed from YouTube.
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The Gold Report - Porter Stansberry: Bumpy Road Ahead; Go for Blue Chips and Gold - 0 views

theaureport.com/8182 financial-collapse porter-stansberry
shared by Gary Edwards on 10 Feb 11 - No Cached
  • Gary Edwards on 10 Feb 11
     
    Wow.  Porter is one of those people who actually puts their money where their mouth is.  His record of success is extraordinary.  This time though he is sounding an alarm the world should listen to.  The politicians and banksters have taken us down a road of no return, and finally, the facts are clear.  The storm has started. Porter Stansberry: When I talk to people, when I talk to news commentators, when I do interviews, when I talk to investors, when I go to investment conferences, when I talk to very well-known hedge fund managers. . .all of these people have some idea that things are going wrong. Lots of them say they're worried about being on the verge of a big crisis. I think we're in one. So, I ask them, rhetorically, what do they have to see in the markets before they realize the crisis is underway? How high does the price of gold have to go? How far do Treasury bonds and muni bonds have to fall? How far does the dollar have to decline on a trade-weighted basis? How high does unemployment have to go? How big do the fiscal deficits have to grow? They don't have any answers to those questions because all of the thresholds have been violated already. Two years ago, no one would've thought it possible for the muni bond market and the Treasury bond market to both fall as much as they have fallen in the last six weeks at the same time. That just didn't happen ever before.
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Is This the End of Capitalism? Hardly, but it's a great excuse for the antiglobalizatio... - 0 views

online.wsj.com/...SB123862779016180329.html financial-crisis obama-socialism reagan-capitalism G20 Banksters
shared by Gary Edwards on 05 Apr 09 - Cached
  • Gary Edwards on 05 Apr 09
     
    Daniel Henninger Says Blaming Capitalism for the Crisis Overlooks the Housing Bubble - WSJ.com: "Heads of state, perplexed finance ministers, inflated retinues and journalists from 20 nations arrived in London yesterday to address "the greatest financial crisis since the Depression." By 4 p.m. London time today they will hold a press conference and go home." "Beware of real-estate salesmen. The housing bubble that floated into view in 2007 is turning into the blob that ate the world. Real-estate mortgages and their derivative securities are a significant problem. That discrete problem, however, has been pumped up to an historic "crisis of capitalism." Capitalism didn't tank the U.S. economy. Overbuilt housing did. Overbuilt housing tanked the economies of the U.K. and Ireland and Spain. If little else, we've learned that artificially cheap housing sets loose limitless moral hazard." "In a normal environment, the problems revealed by the crisis in mortgage finance would produce fixes relevant to the problem, such as resetting the ratios of assets to capital for banks and hedge funds, or telling the gnomes of finance to rethink mark-to-market and the uptick rule. More energetic reformers might consider Gary Becker's suggestion that as financial institutions expand in size, their capital requirements tighten, so that compulsive eaters like Citigroup can fit inside their capital base." "Two signal events in history are shaping the politics of the current economic crisis: the Great Depression and the Reagan presidency (and in Europe, Thatcherism)." "The Depression put in motion an historic tension between public and private sectors over who sets a nation's course. After 50 years of public dominance, Reagan's presidency tipped the scales back toward private enterprise. The economic life of the ensuing 35 years became "the American model." Every waking hour of this economically liberal era, the losing side has wanted to tip the balance back toward public-sector
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Watch The Ron Paul "Plan To Restore America" Press Conference Live | ZeroHedge - 0 views

www.zerohedge.com/...-america-press-conference-live Ron-Paul Libertarian Austrian-Economics Ayn-Rand-Libertarian
shared by Gary Edwards on 18 Oct 11 - No Cached
  • Gary Edwards on 18 Oct 11
     
    Video of the Ron Paul Press Conference:announcement by Ron Paul of his Plan to Restore America. The Texan reveals the details of the only plan that has any sense of making even remote sense from a mathematical standpoint.  Ron Paul introduces his plan, and then answers questions.
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Edward Snowden, Whistle-Blower - NYTimes.com - 0 views

www.nytimes.com/...rd-snowden-whistle-blower.html security state Snowden Obama lies
shared by Paul Merrell on 05 Jan 14 - No Cached
  • The president said in August that Mr. Snowden should come home to face those charges in court and suggested that if Mr. Snowden had wanted to avoid criminal charges he could have simply told his superiors about the abuses, acting, in other words, as a whistle-blower. “If the concern was that somehow this was the only way to get this information out to the public, I signed an executive order well before Mr. Snowden leaked this information that provided whistle-blower protection to the intelligence community for the first time,” Mr. Obama said at a news conference. “So there were other avenues available for somebody whose conscience was stirred and thought that they needed to question government actions.” In fact, that executive order did not apply to contractors, only to intelligence employees, rendering its protections useless to Mr. Snowden. More important, Mr. Snowden told The Washington Post earlier this month that he did report his misgivings to two superiors at the agency, showing them the volume of data collected by the N.S.A., and that they took no action. (The N.S.A. says there is no evidence of this.) That’s almost certainly because the agency and its leaders don’t consider these collection programs to be an abuse and would never have acted on Mr. Snowden’s concerns.
  • Paul Merrell on 05 Jan 14
     
    Obama caught on another whopper about NSA/
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Fellow soldiers call Bowe Bergdahl a deserter, not a hero - CNN.com - 0 views

www.cnn.com/...bergdahl-deserter-or-hero war & peace MSM defamation Bergdahl
shared by Paul Merrell on 04 Jun 14 - No Cached
  • The sense of pride expressed by officials of the Obama administration at the release of Army Sgt. Bowe Bergdahl is not shared by many of those who served with him: veterans and soldiers who call him a deserter whose "selfish act" ended up costing the lives of better men.
  • Paul Merrell on 04 Jun 14
     
    I've been disgusted with American mainstream media and our political class for a very long time. Every now and then I get super-disgusted.  I'll begin with the Obama Administration. They tried to make political hay with something that should not have been made public other than notifying the released American prisoners' parents before the prisoner had been debriefed. Moreover, while I have no problems with swapping Taliban prisoners to get the American prisoner back even if it meant not giving Congress the full 30-day notice required by statute, the Administration certainly could have done a better job of it, notifying key committee members earlier that the deal might be pulled off. Waiting until the Taliban prisoners were up to the steps of the airplane bound for the exchange was not the way this should have happened. Next up, we have the members of Congress who have done their level best to turn the situation into a partisan issue. Obama may have deserved criticism given that he tried to make political hay with the release. But prisoner swaps during wartime have been a feature of most U.S. wars. It is an ancient custom of war and procedures for doing so are even enshrined in the Geneva Conventions governing warfare. So far, I have not heard any war veteran member of Congress scream about releasing terrorists. During my 2+ years in a Viet Nam combat role, the thought of being captured was horrifying. Pilots shot down over North Viet Nam were the lucky ones. No American soldier captured in South Viet Nam was ever released. The enemy was fighting a guerrilla war in the South. They had no means to confine and care for prisoners. So captured American troops were questioned for intelligence and then killed.  Truth be told, American combat troops were prone to killing enemy who surrendered. War is a very ugly situation and feelings run high. It is perhaps a testament to the Taliban that they kept Sgt. Berdahl alive. Certainly that fact clashes irreconcilably with
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