Skip to main content

Home/ Socialism and the End of the American Dream/ Group items tagged dream

Rss Feed Group items tagged

Filter: All | Bookmarks | Topics Simple Middle
Gary Edwards

The Ten Policy Changes Cruz Thinks Can Transform America - 0 views

blog.heritage.org/...z-thinks-can-transform-america

shared by Gary Edwards on 07 Mar 14 - No Cached
  • 1. “Defend the constitution. All of it.”
  • 2. “We need to abolish the IRS. We need to adopt a simple flat tax that is fair [so] that every American can fill out his taxes on a postcard.”
  • 3. “We need to expand energy in this country and create high-paying jobs all over America.”
  • ...10 more annotations...
  • 4. “We need to expand school choice. Every child deserves an opportunity to have an excellent education, regardless of your race, your class, your creed, where you come from – every child deserves a fair chance at the American Dream.”
  • 5. “We need to repeal Dodd-Frank.”
  • 6. “We need to audit the Federal Reserve
  • Unaccountable power in Washington debasing our currency, driving up the cost of food and gas and the basic stuff of life is hurting Americans who are struggling across this country. And I’ll tell you what else it’s doing: It’s fueling the abuse of power by petro-tyrants like Putin.”
  • 7. “We need to pass a strong balanced budget amendment. We need to stop bankrupting our country.”
  • 8. “We need to repeal every single word of Obamacare.”
  • 9. “We need to stop the lawlessness.
  • This President of the United States is the first President we’ve ever had who thinks he can choose which laws to enforce and which laws to ignore. He announces just about every day one change after another after another in Obamacare. It is utterly lawless. It is inconsistent with our Constitution, and it ought to trouble everyone – Republicans, Democrats, Independents, Libertarians.”
  • 10. “We need to end the corruption.
  • We need to eliminate corporate welfare and crony capitalism. If you come to Washington and serve in Congress, there should be a lifetime ban on lobbying. And we need to pass a strong constitutional amendment that puts into law term limits.”
Paul Merrell

Americans on Wrong Side of Income Gap Run Out of Means to Cope - 0 views

www.moneynews.com/...544365

financial-collapse income inequality statistics Obama Boehner

shared by Paul Merrell on 02 Jan 14 - No Cached
  • “We’ve exhausted our coping mechanisms,” said Alan Krueger, an economics professor at Princeton University in New Jersey and former chairman of President Barack Obama’s Council of Economic Advisers. “They weren’t sustainable.” The result has been a downsizing of expectations. By almost two to one — 64 percent to 33 percent — Americans say the U.S. no longer offers everyone an equal chance to get ahead, according to the latest Bloomberg National Poll. The lack of faith is especially pronounced among those making less than $50,000 a year, with close to three-quarters in the Dec. 6-9 survey saying the economy is unfair.
  • The diminished expectations have implications for the economy. Workers are clinging to their jobs as prospects fade for higher-paying employment. Households are socking away more money and charging less on credit cards. And young adults are living with their parents longer rather than venturing out on their own. In the meantime, record-high stock prices are enriching wealthier Americans, exacerbating polarization and bringing income inequality to the political forefront. Even independent government agencies like the Securities and Exchange Commission and the Federal Reserve have been dragged into the debate.
  • “The basic bargain at the heart of our economy has frayed,” Obama said in a Dec. 4 speech in Washington. “This is the defining challenge of our time: Making sure our economy works for every working American.” Democratic lawmakers also intend to press next year for a higher minimum wage to tackle the yawning gap between rich and poor, Durbin said. Republicans aren’t ceding the issue. “The American dream is certainly more in doubt than in decades,” House Speaker John Boehner of Ohio said in response to Obama’s speech. “But after more than five years in office, the president has no one to blame but himself.”
  • ...11 more annotations...
  • Income inequality has been rising more or less steadily since the mid-1970s. The Gini coefficient, a broad-based measure of inequality, stood at a record high last year, according to Census Bureau data dating back 46 years.
  • Women who became unemployed during the recession and its aftermath have been slower to find new positions. Among women losing jobs they’d held for at least three years between January 2009 and the end of 2011, 50 percent were re-employed by the start of 2012, while the share for men was 61 percent, according to a Bureau of Labor Statistics report released in February. Households turned to stepped-up borrowing to help make ends meet, until that avenue was shut off by the collapse of house prices. About 10.8 million homeowners still owed more money on their mortgages than their properties were worth in the third quarter, according to Seattle-based Zillow Inc. The fallout has made many Americans less inclined to take risks. The quits rate — the proportion of Americans in the workforce who voluntarily left their jobs — stood at 1.7 percent in October. While that’s up from 1.5 percent a year earlier, it’s below the 2.2 percent average for 2006, the year house prices started falling, government data show.
  • “The middle has really collapsed,” said Lawrence Katz, an economics professor at Harvard University in Cambridge, Massachusetts, and a former chief economist at the Labor Department in Washington. Even those with college degrees are having trouble keeping up, he said. While they earn more than those with less schooling, they’ve seen no real wage growth in recent years. The median income of men 25 years of age and older with a bachelor’s degree was $56,656 last year, 10 percent less than in 2007 after taking account of inflation, according to Census data.
  • It’s the richest of the rich who are reaping the most benefit as an increasingly interconnected and technologically sophisticated world puts a premium on those perceived to have the highest skills — a phenomenon dubbed “winner take all” by Cornell University Professor Robert Frank. Government policies also play a role. The Treasury Department, for instance, taxes capital gains racked up by the wealthy on the sale of shares, bonds and other assets at about half the rate of ordinary income. The top 1 percent captured 95 percent of the gains in incomes in the first three years of the recovery, based on analysis of tax returns by Saez. Those less well-off, meanwhile, are running out of ways to cope. The percentage of working-age women who are in the labor force steadily climbed from a post-World War II low of 32 percent to a peak of 60.3 percent in April 2000, fueling a jump in dual-income households and helping Americans deal with slow wage growth for a while. Since the recession ended, the workforce participation rate for women has been in decline, echoing a longer-running trend among men. November data showed 57 percent of women in the labor force and 69.4 percent of men.
  • The disparity has widened since the recovery began in mid-2009. The richest 10 percent of Americans earned a larger share of income last year than at any time since 1917, according to Emmanuel Saez, an economist at the University of California at Berkeley. Those in the top one-tenth of income distribution made at least $146,000 in 2012, almost 12 times what those in the bottom tenth made, Census Bureau data show. Economists have posited a variety of explanations for the growing differences in incomes. Manufacturing companies moved once high-paying jobs abroad, to China and elsewhere. Technological advances led to the loss of clerical and office work, especially relating to routine tasks. The decline of unions — 11.3 percent of workers were represented in 2012 compared with 20.1 percent in 1983 — has advantaged bosses at the expense of their employees.
  • Millennials — adults aged 18 to 32 — are still slow to set out on their own more than four years after the recession ended, according to an Oct. 18 report by the Pew Research Center in Washington. Just over one in three head their own households, close to a 38-year low set in 2010. Obama has proposed a raft of policies to attack the widening wage gap — from simplifying the tax code and increasing exports to enhancing worker training and boosting pre-kindergarten education. Yet in a divided Washington he hasn’t made much progress pushing them through. The president’s renewed focus on income inequality has more to do with politics than policy, said Douglas Holtz-Eakin, president of the American Action Forum, a self-described center- right institute in Washington.
  • “It’s great politics to demagogue income distribution and complain about the rich getting ahead and the poor falling behind,” said Holtz-Eakin, a former Congressional Budget Office director. “The substance of what he’s actually done doesn’t match the enormity of the problem as he’s portrayed it.”
  • The wage-gap debate has reverberated to other parts of Washington, as the SEC published a rule Sept. 18 that would compel public companies to reveal pay ratios between chief executives and their employees. While businesses have decried the requirement as overreach, some investors welcome the data as a way to help assess a company’s health.
  • Across companies in the S&P 500, the average multiple of CEO compensation to that of rank-and-file workers is 204, up 20 percent since 2009, according to data compiled by Bloomberg in April. The Fed also has been caught up in the debate over growing income disparities. Lawmakers from both parties have questioned whether its bond-buying policy, called quantitative easing, has benefited the rich at the expense of those less well-off by boosting prices of stocks and other assets.
  • The S&P 500 stock index has risen 29 percent in 2013. The richest third of U.S. households account for 89 percent of all equities ownership, according to the Center for Retirement Research at Boston College.
  • Janet Yellen, nominated to take over as Fed chairman next year, defended the central bank’s actions at a Senate Banking Committee hearing on Nov. 14. “The policies we’ve undertaken have been meant to generate a robust recovery,” Yellen told the committee. The growing calls for action to reduce income inequality have translated into a national push for a higher minimum wage. Fast-food workers in 100 cities took to the streets Dec. 5 to demand a $15 hourly salary.
  • Paul Merrell on 02 Jan 14
     
    Monetary policy of, by, and for banksters continues in the U.S. One irony is that banksters press for transition to an all digital currency so that savers can be penalized, a blatant "trickle-up"economic policy, whilst also pressing for more bank bailouts, wielding the thoroughly-discredited "trickle down" economic theory. But "trickle down" theory, in the context of bank bailouts, has not successfully trickled down and the only beneficiaries have been the few Americans who can still invest in the stock market, paying the highest dividends to the wealthiest among us. Has their ever been a time when the stock market's behavior has been so divorced from the well-being of the middle and lower economic classes? I doubt there has been at least in the last 50 years. Where would we be if the bank bail-out trillions had instead been mailed as checks to the middle and lower economic classes? "Trickle up" works and that is what built the American economy to its peak in inflation-adjusted dollars -- an affluent middle class. But do not expect leadership from Washington, D.C. in correcting income inquequality; only political rhetoric and a fight over extension of unemployment benefits, now lapsed. "According to the World Bank, the GINI coefficient "measures the extent to which the distribution of income or consumption expenditure among individuals households within an economy deviates from a perfectly equal distribution." Therefore it is used as an indication of income inequality within countries. ... In the late 2000s, Chile had the highest GINI coefficient, after taxes and transfers, among OECD member countries. The United States, Turkey and Mexico came right before it. At the other end of the scale, Slovenia, Denmark and Norway led the ranking with the lowest levels of income inequality." http://www.gfmag.com/tools/global-database/economic-data/11944-wealth-distribution-income-inequality.html#ixzz2pGpv4xGZ Higher minimum wages? How about instead abolishing the Feder
Paul Merrell

The Financial Crisis | The White House - 2 views

www.whitehouse.gov/five-years-later

Obama economy budget spin lies

shared by Paul Merrell on 18 Sep 13 - No Cached
  • But five years after Lehman Brothers' bankruptcy, we want to help everyone get the context and see the full picture. To mark the anniversary, we've asked senior staff from across the Obama administration to sit down and talk about the moments when key decisions were made — the factors they weighed, the results of the actions that President Obama took. Check out a behind-the-scenes look of the decision-making process that you won't find anywhere else.
  • Paul Merrell on 18 Sep 13
     
    "- Home prices rising at the fastest   pace in 7 years"
Paul Merrell

Looting the Pension Funds: How Wall Street Robs Public Workers | Politics News | Rollin... - 0 views

www.rollingstone.com/...ing-the-pension-funds-20130926

banksters pension-funds looting

shared by Paul Merrell on 27 Sep 13 - No Cached
  • Paul Merrell on 27 Sep 13
     
    The Rolling Stone's Matt Taibbi strikes again. 
  • Gary Edwards on 28 Sep 13
     
    Awesome article Paul. A must read for anyone trying to understand the 2008 financial collapse. The same Wall Street Banksters who collapsed the world economy are back at it. This time raiding the public workers pension funds, spending millions on politicians and press campaigns to blame cops, firefighters, and teachers for mounting municipal fiscal failures and the coming collapse. Blame anyone but these triple dipping Banksters and their political toadies. Excellent piece of writing too. Check out this opening excerpt introducing the five page story: "In the final months of 2011, almost two years before the city of Detroit would shock America by declaring bankruptcy in the face of what it claimed were insurmountable pension costs, the state of Rhode Island took bold action to avert what it called its own looming pension crisis. Led by its newly elected treasurer, Gina Raimondo - an ostentatiously ambitious 42-year-old Rhodes scholar and former venture capitalist - the state declared war on public pensions, ramming through an ingenious new law slashing benefits of state employees with a speed and ferocity seldom before seen by any local government. Detroit's Debt Crisis: Everything Must Go Called the Rhode Island Retirement Security Act of 2011, her plan would later be hailed as the most comprehensive pension reform ever implemented. The rap was so convincing at first that the overwhelmed local burghers of her little petri-dish state didn't even know how to react. "She's Yale, Harvard, Oxford - she worked on Wall Street," says Paul Doughty, the current president of the Providence firefighters union. "Nobody wanted to be the first to raise his hand and admit he didn't know what the fuck she was talking about." Soon she was being talked about as a probable candidate for Rhode Island's 2014 gubernatorial race. By 2013, Raimondo had raised more than $2 million, a staggering sum for a still-undeclared candidate in a thimble-size state. Donors from Wall Str
Paul Merrell

Tomgram: Engelhardt, The Bermuda Triangle of National Security | TomDispatch - 0 views

www.tomdispatch.com/..._triangle_of_national_security

secret-government national-security-state post-constitutional-America

shared by Paul Merrell on 10 Apr 14 - No Cached
  • As with a magician, sometimes you have to look where he isn’t pointing to catch sight of reality.  With that in mind, I’d like to nominate British journalist Patrick Cockburn for a prize.  In the midst of the recent headlines, in the most important article no one noticed, he pointed out something genuinely unnerving about our world.
  • Yes, we’re all aware that the U.S. invasion of Iraq didn’t exactly work out as planned and that Afghanistan has been a nearly 13-year disaster, even though the U.S. faced the most ragtag of minority insurgencies in both places.  What, however, about the monumental struggle that used to be called the Global War on Terror?  After all, we got Osama bin Laden.  It took a while, but SEAL Team 6 shot him down in his hideout in Pakistan.  And for years, thanks to the CIA’s drone assassination campaigns in the Pakistani tribal borderlands, Yemen, and Somalia (as well as a full scale hunter-killer operation in Iraq while we were still occupying that country), we’ve been told that endless key al-Qaeda “lieutenants” have been sent to their deaths and that al-Qaeda in Afghanistan has been reduced to 50-100 members. Yet Cockburn concludes: “Twelve years after the ‘war on terror’ was launched it has visibly failed and al-Qaeda-type jihadis, once confined to a few camps in Afghanistan, today rule whole provinces in the heart of the Middle East.”  Look across that region today and from Pakistan to Libya, you see the rise, not the fall, of jihadis of every type.  In Syria and parts of Iraq, groups that have associated themselves with al-Qaeda now have a controlling military presence in territories the size of, as Cockburn points out, Great Britain.  He calls al-Qaeda’s recent rise as the jihadi brand name of choice and the failure of the U.S. campaign against it “perhaps the most extraordinary development of the 21st century.”  And that, unlike the claims we've been hearing at the top of the news for weeks now, might not be an exaggeration.
  • Looked at another way, despite what had just happened to the Pentagon and those towers in New York, on September 12, 2001, the globe’s “sole superpower” had remarkably few enemies.  Small numbers of jihadis scattered mostly in the backlands of the planet and centered in an impoverished, decimated country -- Afghanistan -- with the most retro regime on Earth.  There were, in addition, three rickety “rogue states” (North Korea, Iraq, and Iran) singled out for enemy status but incapable of harming the U.S., and that was that. The world, as Dick Cheney & Co. took for granted, looked ready to be dominated by the only (angry) hyperpower left after centuries of imperial rivalry.  The U.S. military, its technological capability unrivaled by any state or possible grouping of states, was to be let loose to bring the Greater Middle East to heel in a decisive way.  Between that regular military and para-militarizing intelligence agencies, the planet was to be scoured of enemies, the “swamp drained” in up to 60 countries.  The result would be a Pax Americana in the Middle East, and perhaps even globally, into the distant future.  It was to be legendary.  And no method -- not torture, abuse, kidnapping, the creation of “black sites,” detention without charges, assassination, the creation of secret law, or surveillance on a previously unimaginable scale -- was to be left out of the toolkit used to birth this new all-American planet.  The “gloves” were to be taken off in a big way.
  • ...1 more annotation...
  • Thirteen years later, those plans, those dreams are down the drain.  The Greater Middle East is in chaos.  The U.S. seems incapable of intervening in a meaningful way just about anywhere on Earth despite the fact that its military remains unchallenged on a global level.  It’s little short of mind-blowing.  And it couldn’t have been more unexpected for those in power in Washington and perhaps for Americans generally.  This is perhaps why, despite changing American attitudes on interventions and future involvement abroad, it’s been so hard to take in, so little focused upon here -- even in the bogus, politicized discussions of American “strength” and “weakness” which circle around the latest Russian events, as they had previously around the crises in Iran and Syria. Somehow, with what in any age would have seemed like a classic winning hand, Washington never put a card on that “table” (on which all “options” were always being kept open) that wasn’t trumped.  Events in Ukraine and the Crimea seem to be part of this. The Chinese had an evocative phrase for times of dynastic collapse: “chaos under heaven.”  Moments when it seems as if the planet itself is shifting on its axis don’t come often, but they may indeed feel like chaos under heaven -- an increasingly apt phrase for a world in which no country seems to exert much control, tensions are rising in hard to identify ways, and the very climate, the very habitability of the planet is increasingly at risk.
  • Paul Merrell on 10 Apr 14
     
    Incrediby perceptive essay by Tom Engelhardt on the state of the national security state.
Paul Merrell

The "Cuban Twitter" Scam Is a Drop in the Internet Propaganda Bucket - The Intercept - 0 views

firstlook.org/...minating-government-propaganda

surveillance state propaganda psywar USAID State-Dept. Obama

shared by Paul Merrell on 06 Apr 14 - No Cached
  • This week, the Associated Press exposed a secret program run by the U.S. Agency for International Development to create “a Twitter-like Cuban communications network” run through “secret shell companies” in order to create the false appearance of being a privately owned operation. Unbeknownst to the service’s Cuban users was the fact that “American contractors were gathering their private data in the hope that it might be used for political purposes”–specifically, to manipulate those users in order to foment dissent in Cuba and subvert its government. According to top-secret documents published today by The Intercept, this sort of operation is frequently discussed at western intelligence agencies, which have plotted ways to covertly use social media for ”propaganda,” “deception,” “mass messaging,” and “pushing stories.” These ideas–discussions of how to exploit the internet, specifically social media, to surreptitiously disseminate viewpoints friendly to western interests and spread false or damaging information about targets–appear repeatedly throughout the archive of materials provided by NSA whistleblower Edward Snowden. Documents prepared by NSA and its British counterpart GCHQ–and previously published by The Intercept as well as some by NBC News–detailed several of those programs, including a unit devoted in part to “discrediting” the agency’s enemies with false information spread online.
  • he documents in the archive show that the British are particularly aggressive and eager in this regard, and formally shared their methods with their U.S. counterparts. One previously undisclosed top-secret document–prepared by GCHQ for the 2010 annual “SIGDEV” gathering of the “Five Eyes” surveillance alliance comprising the UK, Canada, New Zealand, Australia, and the U.S.–explicitly discusses ways to exploit Twitter, Facebook, YouTube, and other social media as secret platforms for propaganda.
  • The document was presented by GCHQ’s Joint Threat Research Intelligence Group (JTRIG). The unit’s self-described purpose is “using online techniques to make something happen in the real or cyber world,” including “information ops (influence or disruption).” The British agency describes its JTRIG and Computer Network Exploitation operations as a “major part of business” at GCHQ, conducting “5% of Operations.” The annual SIGDEV conference, according to one NSA document published today by The Intercept, “enables unprecedented visibility of SIGINT Development activities from across the Extended Enterprise, Second Party and US Intelligence communities.” The 2009 Conference, held at Fort Meade, included “eighty-six representatives from the wider US Intelligence Community, covering agencies as diverse as CIA (a record 50 participants), the Air Force Research Laboratory and the National Air and Space Intelligence Center.” Defenders of surveillance agencies have often insinuated that such proposals are nothing more than pipe dreams and wishful thinking on the part of intelligence agents. But these documents are not merely proposals or hypothetical scenarios. As described by the NSA document published today, the purpose of SIGDEV presentations is “to synchronize discovery efforts, share breakthroughs, and swap knowledge on the art of analysis.”
  • ...5 more annotations...
  • (The GCHQ document also describes a practice called “credential harvesting,” which NBC described as an effort to “select journalists who could be used to spread information” that the government wants distributed. According to the NBC report, GCHQ agents would employ “electronic snooping to identify non-British journalists who would then be manipulated to feed information to the target of a covert campaign.” Then, “the journalist’s job would provide access to the targeted individual, perhaps for an interview.” Anonymous sources that NBC didn’t characterize claimed at the time that GCHQ had not employed the technique.) Whether governments should be in the business of publicly disseminating political propaganda at all is itself a controversial question. Such activities are restricted by law in many countries, including the U.S. In 2008, The New York Times’ David Barstow won a Pulitzer Prize for exposing a domestic effort coordinated by the Pentagon whereby retired U.S. generals posed as “independent analysts” employed by American television networks and cable news outlets as they secretly coordinated their messaging with the Pentagon.
  • The GCHQ document we are publishing today expressly contemplates exploiting social media venues such as Twitter, as well as other communications venues including email, to seed state propaganda–GHCQ’s word, not mine–across the internet:
  • For instance: One of the programs described by the newly released GCHQ document is dubbed “Royal Concierge,” under which the British agency intercepts email confirmations of hotel reservations to enable it to subject hotel guests to electronic monitoring. It also contemplates how to “influence the hotel choice” of travelers and to determine whether they stay at “SIGINT friendly” hotels. The document asks: “Can we influence the hotel choice? Can we cancel their visit?” Previously, der Spiegel and NBC News both independently confirmed that the “Royal Concierge” program has been implemented and extensively used. The German magazine reported that “for more than three years, GCHQ has had a system to automatically monitor hotel bookings of at least 350 upscale hotels around the world in order to target, search, and analyze reservations to detect diplomats and government officials.” NBC reported that “the intelligence agency uses the information to spy on human targets through ‘close access technical operations,’ which can include listening in on telephone calls and tapping hotel computers as well as sending intelligence officers to observe the targets in person at the hotels.”
  • Because American law bars the government from employing political propaganda domestically, that program was likely illegal, though no legal accountability was ever brought to bear (despite all sorts of calls for formal investigations). Barack Obama, a presidential candidate at the time, pronounced himself in a campaign press release “deeply disturbed” by the Pentagon program, which he said “sought to manipulate the public’s trust.” Propagandizing foreign populations has generally been more legally acceptable. But it is difficult to see how government propaganda can be segregated from domestic consumption in the digital age. If American intelligence agencies are adopting the GCHQ’s tactics of “crafting messaging campaigns to go ‘viral’,” the legal issue is clear: A “viral” online propaganda campaign, by definition, is almost certain to influence its own citizens as well as those of other countries.
  • But these documents, along with the AP’s exposure of the sham “Cuban Twitter” program, underscore how aggressively western governments are seeking to exploit the internet as a means to manipulate political activity and shape political discourse. Those programs, carried out in secrecy and with little accountability (it seems nobody in Congress knew of the “Cuban Twitter” program in any detail) threaten the integrity of the internet itself, as state-disseminated propaganda masquerades as free online speech and organizing. There is thus little or no ability for an internet user to know when they are being covertly propagandized by their government, which is precisely what makes it so appealing to intelligence agencies, so powerful, and so dangerous.
  • Paul Merrell on 06 Apr 14
     
    Glenn Greenwald drops a choice few new documents. Well worth viewing. 
Paul Merrell

Tomgram: Laura Gottesdiener, Security vs. Securities | TomDispatch - 0 views

www.tomdispatch.com/...ner%2C_security_vs._securities

banksters housing-market foreclosures equity-firms Blackstone Progress-Residential

shared by Paul Merrell on 23 Jun 14 - No Cached
  • I live in Washington, D.C.'s Capitol Hill neighborhood. I can more or less roll out of bed into the House of Representatives or the Senate; the majestic Library of Congress doubles as my local branch. (If you visit, spend a sunset on the steps of the library's Jefferson Building. Trust me.) You can't miss my place, three stories of brick painted Big Bird yellow. It's a charming little corner of the city. Each fall, the trees outside my window shake their leaves and carpet the street in gold. Nora Ephron, if she were alive, might've shot a scene for her latest movie in one of the lush green parks that bookend my block. The neighborhood wasn't always so nice. A few years back, during a reporting trip to China, I met an American consultant who had known Capitol Hill in a darker era. "I was driving up the street one time," he told me, "and walking in the opposite direction was this huge guy carrying an assault rifle. Broad daylight, no one even noticed. That's what kind of neighborhood it was." Nowadays, row houses around me sell for $1 million or more. I rent.
  • Washington's a fun place to live if you're young and employed. But as a recent Washington Post story pointed out, the nation's capital is slowly pricing out even its yuppies who, in their late-twenties and early-thirties, want to start families but can't afford it. "I hate to say it, but the facts show that the D.C. market is for people who are single and relatively affluent," a real estate researcher told the Post. The District's housing boom just won't stop; off go those new and expecting parents to the suburbs. And we're talking about the lucky ones. Elsewhere in the country, vulnerability in the housing market isn't a trend story; it's the norm. The Cedillo family, as Laura Gottesdiener writes today, went looking for their version of the American housing dream and thought they found it in Chandler, Arizona. They didn't know that the house they chose to rent rested on a shaky foundation -- not physically but financially. It had been one of thousands snapped up and rented out by massive investment firms making a killing in the wake of the housing collapse. As Gottesdiener -- who has put the new rental empires of private equity firms on the map for TomDispatch -- shows, the goal of such companies is to squeeze every dime of profit from their properties, from homes like the Cedillos', and that can lead to tragedy.
  • Drowning in Profits A Private Equity Firm, a Missing Pool Fence, and the Price of a Child’s Death By Laura Gottesdiener
  • ...4 more annotations...
  • Security is a slippery idea these days -- especially when it comes to homes and neighborhoods. Perhaps the most controversial development in America’s housing “recovery” is the role played by large private equity firms. In recent years, they have bought up more than 200,000 mostly foreclosed houses nationwide and turned them into rental empires. In the finance and real estate worlds, this development has won praise for helping to raise home values and creating a new financial product known as a “rental-backed security.” Many economists and housing advocates, however, have blasted this new model as a way for Wall Street to capitalize on an economic crisis by essentially pushing families out of their homes, then turning around and renting those houses back to them. Caught in the crosshairs are tens of thousands of families now living in these private equity-owned homes.
  • The same month that the family rented the house at 1471 West Camino Court, Progress Residential purchased more homes in Maricopa Country than any other institutional buyer. Nationally, Blackstone, a private equity giant, has been the leading purchaser of single-family homes, spending upwards of $8 billion between 2012 and 2014 to purchase 43,000 homes in about a dozen cities. However, in May 2013, according to Michael Orr, director of the Center for Real Estate Theory and Practice at the W. P. Carey School of Business at Arizona State University, Progress Residential bought nearly 200 houses, surpassing Blackstone's buying rate that month in the Phoenix area. The condition and code compliance of these houses varies and is rarely known at the time of the purchase. Mike Anderson, who works for a bidding service contracted by Progress Residential and other private equity giants to buy houses at auctions, was sometimes asked to go out and look at the homes. But with the staggering buying rate -- up to 15 houses a day at the peak -- he couldn’t keep up. “There’d be too many, you couldn’t go out and look at them,” he said. “It’s just a gamble. You never know what you’ve got into.”
  • Global private equity firms have not been, historically, in the business of dealing with pool fences and the other hassles of maintaining single-family houses. But following the housing market collapse, the idea of buying a ton of these foreclosed properties suddenly made sense, at least to investors. Such private-equity purchases were to make money in three ways: buying cheap and waiting for the houses to gain value as the market bounced back; renting them out and collecting monthly rental payments; and promoting a financial product known as “rental-backed securities,” similar to the infamous mortgage-backed securities that triggered the housing meltdown of 2007-2008. Even though the buying of the private equity firms has finally slowed, economists (including those at the Federal Reserve) have expressed concern about the possibility that someday those rental-backed securities could even destabilize -- translation: crash -- the broader market.
  • ince Wall Street was overwhelmingly responsible for the original collapse of the housing market, many have characterized these new purchases as a land grab. In many ways, Progress CEO Donald Mullen is the poster-child for this argument. An investment banker who enjoyed a brief flurry of fame after losing a bidding war to Alec Baldwin at an art auction, he was the leader of a team at Goldman Sachs that orchestrated an infamous bet against the housing market. Known as “the big short,” it allowed that company to make “some serious money“ when the economy melted down, according to Mullen’s own emails. (They were released by the Senate Permanent Subcommittee on Investigations in 2010.) As Kevin Roose of New York magazine has written, “A guy whose most famous trade was a successful bet on the full-scale implosion of the housing market is now swooping in to pick up the pieces on the other end.”
Paul Merrell

Burning Ukraine's Protesters Alive | Consortiumnews - 0 views

consortiumnews.com/...ning-ukraines-protesters-alive

war & peace Ukraine Odessa-fire Mariupol-fire coup-forces

shared by Paul Merrell on 13 May 14 - No Cached
  • In Ukraine, a grisly new strategy – bringing in neo-Nazi paramilitary forces to set fire to occupied buildings in the country’s rebellious southeast – appears to be emerging as a favored tactic as the coup-installed regime in Kiev seeks to put down resistance from ethnic Russians and other opponents. The technique first emerged on May 2 in the port city of Odessa when pro-regime militants chased dissidents into the Trade Unions Building and then set it on fire. As some 40 or more ethnic Russians were burned alive or died of smoke inhalation, the crowd outside mocked them as red-and-black Colorado potato beetles, with the chant of “Burn, Colorado, burn.” Afterwards, reporters spotted graffiti on the building’s walls containing Swastika-like symbols and honoring the “Galician SS,” the Ukrainian adjunct to the German SS in World War II.
  • This tactic of torching an occupied building occurred again on May 9 in Mariupol, another port city, as neo-Nazi paramilitaries – organized now as the regime’s “National Guard” – were dispatched to a police station that had been seized by dissidents, possibly including police officers who rejected a new Kiev-appointed chief. Again, the deployment of the “National Guard” was followed by burning the building and killing a significant but still-undetermined number of people inside. (Early estimates of the dead range from seven to 20.) In the U.S. press, Ukraine’s “National Guard” is usually described as a new force derived from the Maidan’s “self-defense” units that spearheaded the Feb. 22 revolt in Kiev overthrowing elected President Viktor Yanukovych. But the Maidan’s “self-defense” units were drawn primarily from well-organized bands of neo-Nazi extremists from western Ukraine who hurled firebombs at police and fired weapons as the anti-Yanukovych protests turned increasingly violent. But the mainstream U.S. press – in line with State Department guidance – has sought to minimize or dismiss the key role played by neo-Nazis in these “self-defense” forces as well as in the new government. At most, you’ll see references to these neo-Nazis as “Ukrainian nationalists.”
  • However, as resistance to Kiev’s right-wing regime expanded in the ethnic Russian east and south, the coup regime found itself unable to count on regular Ukrainian troops to fire on civilians. Thus, its national security chief Andriy Parubiy, himself a neo-Nazi, turned to the intensely motivated neo-Nazi shock troops who had been battle-tested during the coup. These extremists were reorganized as special units of the National Guard and dispatched to the east and south to do the dirty work that the regular Ukrainian military was unwilling to do. Many of these extreme Ukrainian nationalists lionize World War II Nazi collaborator Stepan Bandera and – like Bandera – dream of a racially pure Ukraine, free of Jews, ethnic Russians and other “inferior” beings. The slur of calling the Odessa protesters Colorado beetles — as they were being burned alive — was a reference to the black-and-red colors used by the ethnic Russian resistance in the east. Though the mainstream U.S. press either describes Parubiy simply as the interim government’s chief of national security (with no further context) or possibly as a “nationalist,” his fuller background includes his founding of the Social-National Party of Ukraine in 1991, blending radical Ukrainian nationalism with neo-Nazi symbols. Last year, he became commandant of the Maidan’s “self-defense forces.” Then, on April 15,  after becoming the Kiev regime’s chief of national security and finding Ukrainian troops unwilling to fire on fellow Ukrainians in the east, Parubiy went on Twitter to announce, “Reserve unit of National Guard formed #Maidan Self-defense volunteers was sent to the front line this morning.”
  • ...1 more annotation...
  • Those National Guard forces also were reported on the ground in Odessa when the trade unions building was torched on May 2 and they showed up again in Mariupol as the police station was burned on May 9, according to a report in the New York Times on Saturday. The Times mentioned the appearance – and then disappearance – of the National Guard without providing any useful background about this newly organized force. In the language used by the mainstream U.S. press and the Kiev regime, the neo-Nazi brigades are “volunteers” and “self-defense” units while the rebels resisting the post-coup regime are “pro-Russian militants” or “terrorists.”
Paul Merrell

ExposeFacts - For Whistleblowers, Journalism and Democracy - 0 views

exposefacts.org

transparency whistle-blowers resources Wikileaks Tail

shared by Paul Merrell on 06 Jun 14 - No Cached
  • Launched by the Institute for Public Accuracy in June 2014, ExposeFacts.org represents a new approach for encouraging whistleblowers to disclose information that citizens need to make truly informed decisions in a democracy. From the outset, our message is clear: “Whistleblowers Welcome at ExposeFacts.org.” ExposeFacts aims to shed light on concealed activities that are relevant to human rights, corporate malfeasance, the environment, civil liberties and war. At a time when key provisions of the First, Fourth and Fifth Amendments are under assault, we are standing up for a free press, privacy, transparency and due process as we seek to reveal official information—whether governmental or corporate—that the public has a right to know. While no software can provide an ironclad guarantee of confidentiality, ExposeFacts—assisted by the Freedom of the Press Foundation and its “SecureDrop” whistleblower submission system—is utilizing the latest technology on behalf of anonymity for anyone submitting materials via the ExposeFacts.org website. As journalists we are committed to the goal of protecting the identity of every source who wishes to remain anonymous.
  • The seasoned editorial board of ExposeFacts will be assessing all the submitted material and, when deemed appropriate, will arrange for journalistic release of information. In exercising its judgment, the editorial board is able to call on the expertise of the ExposeFacts advisory board, which includes more than 40 journalists, whistleblowers, former U.S. government officials and others with wide-ranging expertise. We are proud that Pentagon Papers whistleblower Daniel Ellsberg was the first person to become a member of the ExposeFacts advisory board. The icon below links to a SecureDrop implementation for ExposeFacts overseen by the Freedom of the Press Foundation and is only accessible using the Tor browser. As the Freedom of the Press Foundation notes, no one can guarantee 100 percent security, but this provides a “significantly more secure environment for sources to get information than exists through normal digital channels, but there are always risks.” ExposeFacts follows all guidelines as recommended by Freedom of the Press Foundation, and whistleblowers should too; the SecureDrop onion URL should only be accessed with the Tor browser — and, for added security, be running the Tails operating system. Whistleblowers should not log-in to SecureDrop from a home or office Internet connection, but rather from public wifi, preferably one you do not frequent. Whistleblowers should keep to a minimum interacting with whistleblowing-related websites unless they are using such secure software.
    • Gary Edwards
      Gary Edwards on 07 Jun 14
       
      Thanks Paul! Great article and I agree with you about switching. Rather than a USB, I would rather look into a SSD and try to isolate performance to an ISP bandwidth issue. FYI, I read your Diigo posts daily at this Web site: https://groups.diigo.com/group/socialism-and-the-end-of-the-american-dream/content/user/marbux Seems to be the best visual presentation of your research. I do however think Diigo could improve their hosting of this research by enabling more extensive comments. Notice that your comments are often clipped :( Still, I really do appreciate your sharing both your research and your commentary. Priceless stuff! Many thanks! ~ge~
  • Paul Merrell on 06 Jun 14
     
    A new resource site for whistle-blowers. somewhat in the tradition of Wikileaks, but designed for encrypted communications between whistleblowers and journalists.  This one has an impressive board of advisors that includes several names I know and tend to trust, among them former whistle-blowers Daniel Ellsberg, Ray McGovern, Thomas Drake, William Binney, and Ann Wright. Leaked records can only be dropped from a web browser running the Tor anonymizer software and uses the SecureDrop system originally developed by Aaron Schwartz. They strongly recommend using the Tails secure operating system that can be installed to a thumb drive and leaves no tracks on the host machine. https://tails.boum.org/index.en.html Curious, I downloaded Tails and installed it to a virtual machine. It's a heavily customized version of Debian. It has a very nice Gnome desktop and blocks any attempt to connect to an external network by means other than installed software that demands encrypted communications. For example, web sites can only be viewed via the Tor anonymizing proxy network. It does take longer for web pages to load because they are moving over a chain of proxies, but even so it's faster than pages loaded in the dial-up modem days, even for web pages that are loaded with graphics, javascript, and other cruft. E.g., about 2 seconds for New York Times pages. All cookies are treated by default as session cookies so disappear when you close the page or the browser. I love my Linux Mint desktop, but I am thinking hard about switching that box to Tails. I've been looking for methods to send a lot more encrypted stuff down the pipe for NSA to store. Tails looks to make that not only easy, but unavoidable. From what I've gathered so far, if you want to install more software on Tails, it takes about an hour to create a customized version and then update your Tails installation from a new ISO file. Tails has a wonderful odor of having been designed for secure computing. Current
Paul Merrell

Declassified Papers Shed Light on US Role in Liaquat's Murder | Arab News - 0 views

www.arabnews.com/287940

U.S.-foreign-policy assassinations Pakistan Ali-Khan

shared by Paul Merrell on 23 Apr 15 - No Cached
  • 18 July 2006 — Oil, Iran and air bases, seem to be issues of recent times. Not indeed. It was some 55 years back that these issues were very much in play and a recently declassified document indicates that these were the reasons behind the assassination of Liaquat Ali Khan, Pakistan’s first prime minister on Oct. 16, 1951.
  • A recent declassified document from the US State Department brings to light some interesting facts. According to the document, a telegram was sent by the American Embassy in New Delhi on Oct. 30, 1951. “Is Liaquat Ali Khan’s assassination a result of a deep-laid American conspiracy?” The telegram from the US Embassy in New Delhi carried the summary of an article published in the Urdu daily of Bhopal, “Nadeem” on Oct. 24, 1951, charging the US with the responsibility of Khan’s death. The summary then points to the facts raised in the Nadeem article, “It was neither a local incident nor connected with the Pashtoonistan movement (as some may have believed then). It had behind it a deep-rooted conspiracy and recognizable hand.” The article then says that the then Afghan government “knew about the conspiracy and the assassin was an Afghan, yet, the plot was hatched neither in Kabul nor in Karachi (the then capital of Pakistan).”
  • The declassified document reveals that the day before assassination, the secretary to the American ambassador in Karachi absent-mindedly jotted down “holiday” for Oct. 19 in a table diary and then immediately struck it off. Following the secretary’s departure, Mohammad Hussain, a Pakistani employee at the American Embassy in Karachi asked the secretary’s British clerk about the holiday. The clerk described it as a possible slip. “Mistake meaningful,” however, because “the secretary knew the embassy would be closed (on) Oct. 17 (sic) although no American or Pakistani holiday was scheduled then to fall that day. The story in Nadeem then points to another fact, as given in the declassified document. The American ambassador (in Karachi) offered condolences to Liaquat’s wife (Raana Liaquat Ali Khan) on the phone, some three and a half minutes before even the Governor General of Pakistan Khawaja Nazimuddin managed to offer his condolences. This was despite the fact that the governor general was the first to be informed (of the killing) by the Rawalpindi authorities. Indeed with no mobile connection, no live transmissions, even no TV, those were different days and the flow of information was much slower than today. The question that the newspaper article thus tried to raise was how did the American ambassador come to know of the assassination before the governor general of Pakistan found out?
  • ...3 more annotations...
  • The newspaper article, as summarized by the declassified US document, then discusses the possible reason for the disenchantment of the US and the UK governments with the Pakistan prime minister and his government. Liaquat was not ready to toe the US line, the newspaper pointed out and hence the US wanted him eliminated.
  • According to the article, Liaquat Ali Khan declined to accede to the request. “The US then threatened to annul the secret pact on Kashmir (between Pakistan and the US). Liaquat replied that Pakistan has annexed half of Kashmir without American support and would be able to take the other half too.” Not only that, Prime Minister Liaquat Ali Khan also demanded that the US vacate air bases in Pakistan. “Liaquat’s demand was a bombshell for Washington. Americans who had been dreaming of conquering Soviet Russia from Pakistan air bases were flabbergasted,” the article emphasized. And hence the plot to kill Liaquat was hatched, says the article. However, “the US wanted a Muslim assassin, so as to obviate international complications. The US could not find a traitor in Pakistan (apparently for the reason that the new country was then brimming with nationalistic pride and hope for future),” the article added. The US then turned to Kabul. “Washington contacted the US Embassy in Kabul. They in turn got in touch with Pashtoonistan leaders, pointing to Liaquat as their only hurdle and assuring them that if some of them could kill Liaquat, the US would undertake the task of establishing Pashtoonistan by 1952.”
  • At this the “Pashtoon leaders induced Akbar to take the job and also made arrangements for him to be killed immediately after so as to conceal the conspiracy. The Pakistani currency recovered from the assassin’s body also reveal that others were also involved. Due to already strained relations between Pakistan and Afghanistan no currency exchange was then taking place between the two countries. Hence only the “American Embassy (in Kabul) could have supplied the Pakistani currency notes to the assassin,” the summary argued. The article also mentioned that the cartridges recovered from the body of the assassinated Pakistani premier were US made. The type of bullet used to kill the Pakistani prime minister were in “use by high-ranking American officers”, and were “not usually available in the market”. The rest is for us to deduce. The article then summarized that all these facts prove that the real culprit behind the killing was the US, which had committed similar acts in the Middle East as well.
Paul Merrell

Polish Outrage to Paying Victims of CIA Black Sites-and What the Eur Court Said | Just ... - 0 views

justsecurity.org/...-cia-black-sites-and-eur-court

war & peace torture CIA ECHR Poland judgments

shared by Paul Merrell on 21 May 15 - No Cached
  • Poland will be paying a quarter of a million dollars to two Guantánamo detainees, Abu Zubaydah and Abd al-Rahim al-Nashiri. The payment arises in the context of the torture of the terror suspects at a CIA “black site” operating on Polish territory. Last July, the European Court of Human Rights handed down its much-awaited judgments in the cases of Abd al-Rahim al-Nashiri v. Poland and Husayn (Abu Zubaydah) v. Poland in relation to Poland’s involvement in the CIA rendition, detention and interrogation program. The Court ruled that Poland violated the substantive and procedural aspects of the detainees’ right to be free from torture or inhuman or degrading treatment or punishment (Article 3, European Convention on Human Rights). The Court also found violations of, among other rights, Articles 5 (liberty and security), 8 (private and family life), and 13 (effective remedy) of the ECHR. The Court ordered the Polish government to pay €130,000 to Zubaydah and €100,000 to al-Nashiri, within three months from when the judgments become final. Poland appealed the ruling, but the request was rejected by a Grand Chamber panel on February 16, making last weekend the deadline for the payments. The Polish Foreign Ministry said on Friday that it was processing the payments, AP’s Vanessa Gera reported.
  • Poland will be paying a quarter of a million dollars to two Guantánamo detainees, Abu Zubaydah and Abd al-Rahim al-Nashiri. The payment arises in the context of the torture of the terror suspects at a CIA “black site” operating on Polish territory. Last July, the European Court of Human Rights handed down its much-awaited judgments in the cases of Abd al-Rahim al-Nashiri v. Poland and Husayn (Abu Zubaydah) v. Poland in relation to Poland’s involvement in the CIA rendition, detention and interrogation program. The Court ruled that Poland violated the substantive and procedural aspects of the detainees’ right to be free from torture or inhuman or degrading treatment or punishment (Article 3, European Convention on Human Rights). The Court also found violations of, among other rights, Articles 5 (liberty and security), 8 (private and family life), and 13 (effective remedy) of the ECHR. The Court ordered the Polish government to pay €130,000 to Zubaydah and €100,000 to al-Nashiri, within three months from when the judgments become final. Poland appealed the ruling, but the request was rejected by a Grand Chamber panel on February 16, making last weekend the deadline for the payments. The Polish Foreign Ministry said on Friday that it was processing the payments, AP’s Vanessa Gera reported.
  • But the Court took a different, more robust view and found significant responsibility on part of the Polish government. The Court held (my emphasis added): “517. … Notwithstanding the [Article 3] Convention obligation, Poland, for all practical purposes, facilitated the whole process, created the conditions for it to happen and made no attempt to prevent it from occurring. As the Court has already held above, on the basis of their own knowledge of the CIA activities deriving from Poland’s complicity in the [High-Value Detainees Program] Programme and from publicly accessible information on treatment applied in the context of the “war on terror” to terrorist suspects in US custody the authorities – even if they did not witness or participate in the specific acts of ill-treatment and abuse endured by the applicant – must have been aware of the serious risk of treatment contrary to Article 3 occurring on Polish territory.”
  • ...3 more annotations...
  • The ruling, which predated the publication of the redacted version of the Senate Intelligence Committee report on the CIA program, brought important judicial scrutiny to the agency’s post-9/11 practices, including the controversial role played by U.S. allies. The Senate report has since provided some further details about Poland’s involvement, although the country is not identified by name. The AP report notes the frustration of those in Poland who view the ruling as unjustifiably punishing the country for CIA actions. An opposition Polish lawmaker has recorded his discontent, stating that the terror suspects remained in the sole custody of U.S. officials throughout their detention. Former Foreign Minister Radoslaw Sikorski has similarly been quoted by the LA Times’ Carol Williams as saying:  “We might have to pay compensation even though our personnel did nothing wrong. You can imagine how Polish people feel about it … We just wish that intelligence matters were kept confidential.”
  • While some in Poland are expressing their exasperation with the Court’s ruling, the issue of compensation has sparked equal outrage among some in the United States who do not believe that suspects of terrorist attacks should receive payments, as noted by the AP. The controversy over compensation comes just as the U.S. faces renewed calls from some European and other countries to compensate victims of CIA torture. At the UN Human Rights Council last week, the Universal Periodic Review report on the United States documented other UN member states’ objections to U.S. practices.
  • Meanwhile, in Europe, more judgments are pending on this subject, including two involving the same detainees (see: Abu Zubaydah v. Lithuania and Al Nashiri v. Romania). While accountability within the U.S. still seems like a pipe dream, the European Court of Human Right’s more robust approach perhaps offers the only means of securing reparation for human rights abuses committed as part of the “war on terror.” The Court’s approach may also help to educate European citizens on the nature of complicity in grave human rights abuses. By calling for compensation, the Court has also served to weaken the forms of international cooperation that foster such violations in the first place.
Paul Merrell

WikiLeaks' Julian Assange warns: Google is not what it seems - 1 views

www.dailytimes.com.pk/...ns-google-is-not-what-it-seems

surveillance state internet freedom Google NSA

shared by Paul Merrell on 12 Sep 15 - No Cached
  • Back in 2011, Julian Assange met up with Eric Schmidt for an interview that he considers the best he’s ever given. That doesn’t change, however, the opinion he now has about Schmidt and the company he represents, Google.In fact, the WikiLeaks leader doesn’t believe in the famous “Don’t Be Evil” mantra that Google has been preaching for years.Assange thinks both Schmidt and Google are at the exact opposite spectrum.“Nobody wants to acknowledge that Google has grown big and bad. But it has. Schmidt’s tenure as CEO saw Google integrate with the shadiest of US power structures as it expanded into a geographically invasive megacorporation. But Google has always been comfortable with this proximity,” Assange writes in an opinion piece for Newsweek.
  • “Long before company founders Larry Page and Sergey Brin hired Schmidt in 2001, their initial research upon which Google was based had been partly funded by the Defense Advanced Research Projects Agency (DARPA). And even as Schmidt’s Google developed an image as the overly friendly giant of global tech, it was building a close relationship with the intelligence community,” Assange continues.Throughout the lengthy article, Assange goes on to explain how the 2011 meeting came to be and talks about the people the Google executive chairman brought along - Lisa Shields, then vice president of the Council on Foreign Relationship, Jared Cohen, who would later become the director of Google Ideas, and Scott Malcomson, the book’s editor, who would later become the speechwriter and principal advisor to Susan Rice.“At this point, the delegation was one part Google, three parts US foreign-policy establishment, but I was still none the wiser.” Assange goes on to explain the work Cohen was doing for the government prior to his appointment at Google and just how Schmidt himself plays a bigger role than previously thought.In fact, he says that his original image of Schmidt, as a politically unambitious Silicon Valley engineer, “a relic of the good old days of computer science graduate culture on the West Coast,” was wrong.
  • However, Assange concedes that that is not the sort of person who attends Bilderberg conferences, who regularly visits the White House, and who delivers speeches at the Davos Economic Forum.He claims that Schmidt’s emergence as Google’s “foreign minister” did not come out of nowhere, but it was “presaged by years of assimilation within US establishment networks of reputation and influence.” Assange makes further accusations that, well before Prism had even been dreamed of, the NSA was already systematically violating the Foreign Intelligence Surveillance Act under its director at the time, Michael Hayden. He states, however, that during the same period, namely around 2003, Google was accepting NSA money to provide the agency with search tools for its rapidly-growing database of information.Assange continues by saying that in 2008, Google helped launch the NGA spy satellite, the GeoEye-1, into space and that the search giant shares the photographs from the satellite with the US military and intelligence communities. Later on, 2010, after the Chinese government was accused of hacking Google, the company entered into a “formal information-sharing” relationship with the NSA, which would allow the NSA’s experts to evaluate the vulnerabilities in Google’s hardware and software.
  • ...1 more annotation...
  • “Around the same time, Google was becoming involved in a program known as the “Enduring Security Framework” (ESF), which entailed the sharing of information between Silicon Valley tech companies and Pentagon-affiliated agencies at network speed.’’Emails obtained in 2014 under Freedom of Information requests show Schmidt and his fellow Googler Sergey Brin corresponding on first-name terms with NSA chief General Keith Alexander about ESF,” Assange writes.Assange seems to have a lot of backing to his statements, providing links left and right, which people can go check on their own.
  • Paul Merrell on 12 Sep 15
     
    The "opinion piece for Newsweek" is an excerpt from Assange's new book, When Google met Wikileaks.  The chapter is well worth the read. http://www.newsweek.com/assange-google-not-what-it-seems-279447
Paul Merrell

Tomgram: Pepe Escobar, The Tao of Containing China | TomDispatch - 0 views

www.tomdispatch.com/...2C_the_tao_of_containing_china

surveillance state NSA U.S. China economy foreign policy

shared by Paul Merrell on 21 Jun 13 - No Cached
  • Sun Tzu, the ancient author of The Art of War, must be throwing a rice wine party in his heavenly tomb in the wake of the shirtsleeves California love-in between President Obama and President Xi Jinping. "Know your enemy" was, it seems, the theme of the meeting. Beijing was very much aware of -- and had furiously protested -- Washington’s deep plunge into China’s computer networks over the past 15 years via a secretive NSA unit, the Office of Tailored Access Operations (with the apt acronym TAO). Yet Xi merrily allowed Obama to pontificate on hacking and cyber-theft as if China were alone on such a stage. Enter -- with perfect timing -- Edward Snowden, the spy who came in from Hawaii and who has been holed up in Hong Kong since May 20th. And cut to the wickedly straight-faced, no-commentary-needed take on Obama’s hacker army by Xinhua, the Chinese Communist Party’s official press service. With America’s dark-side-of-the-moon surveillance programs like Prism suddenly in the global spotlight, the Chinese, long blistered by Washington’s charges about hacking American corporate and military websites, were polite enough. They didn’t even bother to mention that Prism was just another node in the Pentagon’s Joint Vision 2020 dream of “full spectrum dominance.” By revealing the existence of Prism (and other related surveillance programs), Snowden handed Beijing a roast duck banquet of a motive for sticking with cyber-surveillance. Especially after Snowden, a few days later, doubled down by unveiling what Xi, of course, already knew -- that the National Security Agency had for years been relentlessly hacking both Hong Kong and mainland Chinese computer networks.
  • But the ultimate shark fin’s soup on China’s recent banquet card was an editorial in the Communist Party-controlled Global Times.  “Snowden,” it acknowledged, “is a ‘card’ that China never expected,” adding that “China is neither adept at nor used to playing it.” Its recommendation: use the recent leaks “as evidence to negotiate with the U.S.” It also offered a warning that “public opinion will turn against China’s central government and the Hong Kong SAR [Special Administrative Region] government if they choose to send [Snowden] back.” With a set of cyber-campaigns -- from cyber-enabled economic theft and espionage to the possibility of future state-sanctioned cyber-attacks -- evolving in the shadows, it’s hard to spin the sunny “new type of great power relationship” President Xi suggested for the U.S. and China at the recent summit. It’s the (State) Economy, Stupid The unfolding Snowden cyber-saga effectively drowned out the Obama administration’s interest in learning more about Xi’s immensely ambitious plans for reconfiguring the Chinese economy -- and how to capture a piece of that future economic pie for American business. Essential to those plans is an astonishing investment of $6.4 trillion by China’s leadership in a drive to “urbanize” the economy yet further by 2020.
  • Paul Merrell on 21 Jun 13
     
    Lengthy political analysis by the sterling Pepe Escobar on China/U.S. relations and Chinese President Xi Jinping's goals for the future of China during his period of national leadership. He leads with the impact of the NSA scandal, but goes on to paint a far more detailed picture of China's role in international policy, economic progress, and economic plans being executed. This is a must-read for China-watchers. As always, Pepe provides a lively read.
Gary Edwards

REVEALING QUOTES ON THE GOALS OF PSYCHIATRY AND PSYCHOLOGY - 0 views

www.psychquotes.com

psychquotes psychiatry psychiatric

shared by Gary Edwards on 29 Aug 13 - No Cached
  • Psychiatry's Views on Conservatives "In August 2003, the National Institute of Mental Health (NIMH) and the National Science Foundation (NSF) announced the results of their $1.2 million taxpayer-funded study. It stated, essentially, that traditionalists are mentally disturbed. Scholars from the Universities of Maryland, California at Berkeley, and Stanford had determined that social conservatives, in particular, suffer from ‘mental rigidity,’ ‘dogmatism,’ and ‘uncertainty avoidance,’ together with associated indicators for mental illness."
  • Psychiatry's Views on Education "Every child in America entering school at the age of five is insane because he comes to school with certain allegiances to our founding fathers, toward our elected officials, toward his parents, toward a belief in a supernatural being, and toward the sovereignty of this nation as a separate entity. It’s up to you as teachers to make all these sick children well – by creating the international child of the future"
  • Teaching school children to read was a "perversion" and high literacy rate bred "the sustaining force behind individualism."
  • ...59 more annotations...
  • "This is the idea where we drop subject matter and we drop Carnegie Unites (grading from A-F) and we just let students find their way, keeping them in school until they manifest the politically correct attitudes.
  • The social psychologist of the future will have a number of classes of school children on whom they will try different methods of producing an unshakable conviction that snow is black. Various results will soon be arrived at: first, that influences of the home are 'obstructive' and verses set to music and repeatedly intoned are very effective ..
  • When the technique has been perfected, every government that has been in charge of education for more than one generation will be able to control its subjects securely without the need of armies or policemen."
  • "…through schools of the world we shall disseminate a new conception of government – one that will embrace all of the collective activities of men; one that will postulate the need for scientific control and operation of economic activities in the interests of all people."
  • "Education does not mean teaching people to know what they do not know – it means teaching them to behave as they do not behave." 
  • You see, one of the effects of self-esteem (Values Clarification) programs is that you are no longer obliged to tell the truth if you don’t feel like it. You don’t have to tell the truth because if the truth you have to tell is about your own failure then your self-esteem will go down and that is unthinkable."
  • "I regard myself as one of the most dangerous enemies of religion" Sigmund Freud
  • "Education is thus a most power ally of humanism, and every public school is a school of humanism. What can the theistic Sunday school, meeting for an hour once a week, and teaching only a fraction of the children, do to stem the tide of a five-day program of humanistic teachings?"
  • "Despite rapid progress in the right direction, the program of the average elementary school has been primarily devoted to teaching the fundamental subjects, the three R’s, and closely related disciplines… Artificial exercises, like drills on phonetics, multiplication tables, and formal writing movements, are used to a wasteful degree. Subjects such as arithmetic, language, and history include content that is intrinsically of little value. Nearly every subject is enlarged unwisely to satisfy the academic ideal of thoroughness… Elimination of the unessential by scientific study, then, is one step in improving the curriculum."
  • "We can therefore justifiably stress our particular point of view with regard to the proper development of the human psyche, even though our knowledge be incomplete. We must aim to make it permeate every educational activity in our national life…. We have made a useful attack upon a number of professions. The two easiest of them naturally are the teaching profession and the Church: the two most difficult are law and medicine."
  • "...a student attains 'higher order thinking' when he no longer believes in right or wrong"
  • "A large part of what we call good teaching is a teacher´s ability to obtain affective objectives by challenging the student's fixed beliefs.  …a large part of what we call teaching is that the teacher should be able to use education to reorganize a child's thoughts, attitudes, and feelings."  
  • "The educational system should be a sieve, through which all the children of a country are passed. It is highly desirable that no child escape inspection."
  • Psychiatry's Views on Religion "Religion (is) a universal obsessional neurosis." Sigmund Freud, defining spiritual belief
  • "Education should aim at destroying free will so that after pupils are thus schooled they will be incapable throughout the rest of their lives of thinking or acting otherwise than as their school masters would have wished
  • "The soul or consciousness, which played the leading part in the past, now is of very little importance; in any case both are deprived of their main functions and glory to such an extent that only the names remain. Behaviorism sang their funeral dirge while materialism – the smiling heir – arranges a suitable funeral for them.
  • "…humanists still believe that traditional theism, especially faith in the prayer-hearing God, assumed to love and care for persons, to hear and understand their prayers, and to be able to do something about them, is an unproved and outmoded faith." "
  • "We can therefore justifiably stress our particular point of view with regard to the proper development of the human psyche, even though our knowledge be incomplete. We must aim to make it permeate every educational activity in our national life…. We have made a useful attack upon a number of professions. The two easiest of them naturally are the teaching profession and the Church: the two most difficult are law and medicine."
  • "To achieve world government, it is necessary to remove from the minds of men their individualism, loyalty to family traditions, national patriotism and religious dogmas..."
  • Psychiatry's Views on Creating a Slave Society "We can choose to use our growing knowledge to enslave people in ways never dreamed of before, depersonalizing them, controlling them by means so carefully selected that they will perhaps never be aware of their loss of personhood."
  • Teaching school children to read was a "perversion" and high literacy rate bred "the sustaining force behind individualism."
  • "It will of course, be understood that directly or indirectly, soon or late, every advance in the sciences of human nature will contribute to our success in controlling human nature and changing it to the advantage of the common wheel." Edward Thorndike, Key Psychology Theorist, member of the "Eugenics Committee of the USA"
  • "We need a program of psychosurgery for political control of our society. The purpose is physical control of the mind. Everyone who deviates from the given norm can be surgically mutilated.
  • The individual may think that the most important reality is his own existence, but this is only his personal point of view. . . Man does not have the right to develop his own mind. . . . We must electronically control the brain. Someday armies and generals will be controlled by electronic stimulation of the brain." 
  • "Education should aim at destroying free will so that after pupils are thus schooled they will be incapable throughout the rest of their lives of thinking or acting otherwise than as their school masters would have wished
  • "One of the least understood strategies of the world revolution now moving rapidly toward its goal is the use of mind control as a major means of obtaining the consent of the people who will be subjects of the New World Order."
  • "Those of us who work in this field see a developing potential for nearly a total control of human emotional status, mental functioning, and will to act. These human phenomena can be started, stopped or eliminated by the use of various types of chemical substances. What we can produce with our science now will affect the entire society." A "utopia" could be found – providing "a sense of stability and certainty, whether realistic or not."
  • We shall not solve the problems of alcoholism and juvenile delinquency by increasing a sense of responsibility. It is the environment which is 'responsible' for the objectionable behavior, and it is the environment, not some attribute of the individual, which must be changed.
  • "If all else fails, punishable behavior may be made less likely by changing physiological conditions. Hormones may be used to change sexual behavior, surgery (as in lobotomy) to control violence, tranquilizers to control aggression, and appetite depressants to control overeating." Harvard psychologist B.F. Skinner in "Beyond Freedom and Dignity"
  • "The State is the absolute reality and the individual himself has objective existence, truth and morality only in his capacity as a member of the State." Hegel (who influenced Karl Marx)
  • Psychiatry's Views on America "America is a mistake, admittedly a gigantic mistake, but a mistake nevertheless." Sigmund Freud America is the most grandiose experiment the world has seen, but, I am afraid, it is not going to be a success. Sigmund Freud
  • "To achieve world government, it is necessary to remove from the minds of men their individualism, loyalty to family traditions, national patriotism and religious dogmas...
  • "One of the least understood strategies of the world revolution now moving rapidly toward its goal is the use of mind control as a major means of obtaining the consent of the people who will be subjects of the New World Order."
  • Freud on Marxism "The strength of Marxism obviously does not lie in its view of history or in the prophecies about the future which it bases upon that view, but in its clear insight into the determining influence which is exerted by the economic conditions of man upon his intellectual, ethical and artistic reactions." Sigmund Freud
  • Basically, all that is necessary to revoke all the constitutional rights of any citizen is to accuse him of being mentally-ill."
  • John A. Stormer, "None Dare Call it Treason"
  • "Old conventions, customs and values… to be challenged… The aim should be to control not only nature, but human nature." He recommended two slogans for "spreading world-wide the gospel of mental hygiene": "To learn to think internationally" and "The necessity to disarm the mind." Dr. J.R. Lord, psychiatrist
  • "Public life, politics and industry should all of them be within our sphere of influence…. If we are to infiltrate the professional and social activities of other people I think we must imitate the Totalitarians and organize some kind of fifth column activity!  If better ideas on mental health are to progress and spread we, as the salesmen, must lose our identity… Let us all, therefore, very secretly be ‘fifth columnists.’"
  • The techniques of brainwashing developed in totalitarian countries are routinely used in psychological conditioning programs imposed on school children.
  • These include emotional shock and desensitization, psychological isolation from sources of support, stripping away defenses, manipulative cross-examination of the individual’s underlying moral values by psychological rather than rational means. These techniques are not confined to separate courses or programs...they are not isolated idiosyncracies of particular teachers. They are products of numerous books and other educational materials in programs packaged by organizations that sell such curricula to administrators and teach the techniques to teachers.
  • Some packages even include instructions on how to deal with parents and others who object. Stripping away psychological defenses can be done through assignments to keep diaries to be discussed in group sessions, and through role-playing assignments, both techniques used in the original brainwashing programs in China under Mao. Thomas Sowell, writing in Forbes, 1991
  • We must learn to recognize them for what they are - possessors of no special knowledge of the human psyche, who have, nonetheless, chosen to earn their living from the dissemination of the myth that they do indeed know how the mind works". Psychiatrist Garth Wood, M.D., in "The Myth of Neurosis", 1986
  • These terms indicate only approval or disapproval of some aspect of a person's mentality (thinking, emotions, or behavior). Psychiatrist E. Fuller Torrey, in "The Death of Psychiatry", 1974
  • "The very term ['mental disease'] is nonsensical, a semantic mistake. The two words cannot go together except metaphorically; you can no more have a mental 'disease' than you can have a purple idea or a wise space". Similarly, there can no more be a "mental illness" than there can be a "moral illness." The words "mental" and "illness" do not go together logically. Mental "illness" does not exist, and neither does mental "health."
  • By calling the harmless 'insane', (who statistics prove to be no more violence-prone than the average citizen, unless hopelessly deranged by damaging psychiatric 'treatment'), dangerous and justifying their own existence by the 'need' to deal with that inflated 'danger', the mad-doctors themselves pose the greatest threat to liberty, property and democracy in our times."
  • Citizens for Higher Ethical Standards in Medicine
  • "Mental illness is often used as an ad homonym to discredit the individual. This has been a common use of psychiatric diagnosis in psychiatry in Russia. " ... there are two main groups [of schizophrenia patients] ... 1) people admitted to the mental hospital long before they had been political dissenters ... 2. others who ... have put forward complex social and economic theories as alternatives to orthodox Marxism..."  Wing, cited in "Pseudoscience in Psychology", by Dr. Szasz, p. 126
  • "It is no measure of health to be well adjusted to a profoundly sick society.." J. Krishnamurti
  • "...the subject which will be of most importance politically is Mass Psychology.... The populace will not be allowed to know how its convictions were generated. When the technique has been perfected, every government that has been in charge of education for a generation will be able to control its subjects securely without the need of armies or policemen. As yet there is only one country which has succeeded in creating this politician’s paradise."   The Impact of Science on Society by Bertrand Russell
  • "A Trojan horse full of dangerous psycho-fantasies has been professionally prepared for us by Christian psychiatrists and psychologists...  At the base, such therapies stand upon dogma, not scientific observations, and the dogma is the odious one of Freud and his followers who were some of the century's most anti-Christ teachers.  No amount of well-intentioned refinement of deadly doctrines will make them clean for Christians." Dr. Hilton P. Terrell, M.D
  • "Advocates of psychiatric drugs often claim that the medications improve learning and the ability to benefit from psychotherapy, but the contrary is true.  There are no drugs that improve mental function, self-understanding, or human relations.  Any drug that affects mental processes does so by impairing them."
  • "Psychotherapy may be known in the future as the greatest hoax of the twentieth century."
  • "Nearly half a century has passed since Watson proclaimed his manifesto. Today, apart from a few minor reservations, the vast majority of psychologists, both in this country and in America, still follow his lead. The result, as a cynical onlooker might be tempted to say, is that psychology, having first bargained away its soul and then gone out of its mind, seems now, as it faces an untimely end, to have lost all consciousness." 
  • "Contrary to the popular public conception, this happenstance is NOT a form of health care, but the result of a fraudulent system being granted police powers by the State.
  • "In the 14-year period between 1950 and 1964, more American deaths occurred in state and county mental institutions than in all of the nation's armed conflicts beginning with the Revolutionary War and ending with the Persian Gulf War.  Between 1965 and 1990, the total number of mental-hospital inpatient deaths exceeded the number of battle deaths in the same wars by 70 percent.  Inpatient deaths topped out at 1,103,000 during this 25-year period, compared with 650,563 recorded deaths in battles."
  • Kelly Patricia O’Meara: "The Forgotten Dead of St. Elizabeth's", Insight Magazine, June 16, 2001
  • "The similarities between street drug abuse and psychotropic prescription drug use are disturbing. Both types are toxic. Both can cause psychosis, damage the brain and other organs, and even cause death. And neither type of mind-altering drugs, legal or illegal, treats disease. It's important to recognize that the only significant difference between many prescription psychotropic drugs and street drugs such as "speed" and "downers" is that prescription drugs are legal."
  • Neuro-psychiatrist Sydney Walker in "Dose of Sanity"
  • "Clearly this business of treating minds, particularly this big business of treating young minds, has not policed itself, and has no incentive to put a stop to the kinds of fraudulent and unethical practices that are going on."
Paul Merrell

Will Hillary Clinton's Emails Burn the White House? - The Daily Beast - 0 views

www.thedailybeast.com/...ails-burn-the-white-house.html

Auction 2016 Hillary email-scandal Obama

shared by Paul Merrell on 03 Sep 15 - No Cached
  • Hillary Clinton’s email problems are already causing headaches for her presidential campaign. But within American counterintelligence circles, there’s a mounting sense that the former secretary of state may not be the only Obama administration official in trouble. This is a scandal that has the potential to spread to the White House, as well. The Federal Bureau of Investigation can be expected to be tight-lipped, especially because this highly sensitive case is being handled by counterintelligence experts from Bureau headquarters a few blocks down Pennsylvania Avenue from the White House, not by the FBI’s Washington Field Office. That will ensure this investigation gets the needed “big picture” view, since even senior FBI agents at any given field office may only have a partial look at complex counterintelligence cases.
  • And this most certainly is a counterintelligence matter. There’s a widely held belief among American counterspies that foreign intelligence agencies had to be reading the emails on Hillary’s private server, particularly since it was wholly unencrypted for months. “I’d fire my staff if they weren’t getting all this,” explained one veteran Department of Defense counterintelligence official, adding: “I’d hate to be the guy in Moscow or Beijing right now who had to explain why they didn’t have all of Hillary’s email.” Given the widespread hacking that has plagued the State Department, the Pentagon, and even the White House during Obama’s presidency, senior counterintelligence officials are assuming the worst about what the Russians and Chinese know.
  • EmailGate has barely touched the White House directly, although it’s clear that some senior administration officials beyond the State Department were aware of Hillary’s unorthodox email and server habits, given how widely some of the emails from Clinton and her staff were forwarded around the Beltway. Obama’s inner circle may not be off-limits to the FBI for long, however, particularly since the slipshod security practices of certain senior White House officials have been a topic of discussion in the Intelligence Community for years. Hillary Clinton was far from the only senior Obama appointee to play fast and loose with classified materials, according to Intelligence Community insiders. While most counterspies agree that Hillary’s practices—especially using her own server and having her staffers place classified information into unclassified emails, in violation of federal law—were especially egregious, any broad-brush investigation into security matters are likely to turn up other suspects, they maintain. “The whole administration is filled with people who can’t shoot straight when it comes to classified,” an Intelligence Community official explained to me this week. Three U.S. officials suggested that Susan Rice, the National Security Adviser, might be at particular risk if a classified information probe goes wide. But it should be noted that Rice has made all sorts of enemies on the security establishment for her prickly demeanor, use of coarse language, and strategic missteps.
  • Paul Merrell on 03 Sep 15
     
    Sounds to me like some CIA officials of the "Cowboy" branch are trying to use the Clinton email scandal to tar the Obama Administration.  
Paul Merrell

Mission Failure Admission: US Abandons Program To Train Syrian Rebels - 0 views

www.mintpressnews.com/...210232

war & peace Syria DoD-arms-training

shared by Paul Merrell on 10 Oct 15 - No Cached
  • The U.S. Pentagon is expected to announce Friday that it will end its oft-criticized $500 million program to train and equip Syrian rebels, offering further evidence of the Obama administration’s incoherent and failed strategy in Syria and beyond. According to the New York Times, which broke the news, Pentagon officials will officially announce the end of the program on Friday, as Defense Secretary Ashton B. Carter leaves London after meetings with his British counterpart, Defense Minister Michael Fallon, about the continuing wars in Syria and Iraq. “A senior Defense Department official, who was not authorized to speak publicly and who spoke on the condition of anonymity, said that there would no longer be any more recruiting of so-called moderate Syrian rebels to go through training programs in Jordan, Qatar, Saudi Arabia or the United Arab Emirates,” the Times reports. “Instead, a much smaller training center would be set up in Turkey, where a small group of ‘enablers’— mostly leaders of opposition groups—would be taught operational maneuvers like how to call in airstrikes.” The program had been criticized from the beginning, with many charging that the strategy would merely lead to deeper chaos and regional instability—all while being based on mistaken assumptions.
  • “The proposition that there is a moderate Syrian opposition with enough military potential and—even more importantly—popular support inside Syria to overthrow the Assad government is a myth,” foreign policy experts Flynt Leverett and Hillary Mann Leverett wrote for Consortium News one year ago. “To claim in addition that these mythical moderate oppositionists can take on and defeat the Islamic State is either blatantly dishonest or dangerously delusional.” And just last month, journalist Robert Parry described the program as “an embarrassing failure, producing only about 50 fighters who then were quickly killed or captured by Al Qaeda’s Nusra and other jihadist groups, leaving only ‘four or five’ trainees from the program, according to Gen. Lloyd J. Austin III, head of the U.S. Central Command which has responsibility for the Middle East.”
  • As Common Dreams reported at the time, Central Command admitted in September that the U.S.-trained and armed rebels at the center of the policy had turned over at least a quarter of their American-issued equipment to the al Nusra Front, which is linked with al Qaeda.
  • Paul Merrell on 10 Oct 15
     
    Congress, of course, just appropriated $600 million to expand the same program. 
Paul Merrell

Putin's Lightning War in Syria - 0 views

www.counterpunch.org/...putins-lightning-war-in-syria

war & peace Russia Syria ISIL Quds-force Hezbollah

shared by Paul Merrell on 05 Oct 15 - No Cached
  • For more than a year, the United States has been playing patty-cake with an army of homicidal maniacs who call themselves ISIS. On Monday, Russian President Vladimir Putin announced that he’d had enough of Washington’s song-and-dance and was planning to bring a little Russian justice to the terrorist militias that had killed 225,000 Syrians and ripped the country to shreds. In language that could not be more explicit, Putin said to the General Assembly: “We can no longer tolerate the currents state of affairs in the world”.  Less than 48 hours later, Russian bombers were raining down precision-guided munitions on terrorist strongholds across western Syria sending the jihadi vermin scrambling for cover. That’s how you fight terrorism if you’re serious about it.   Bravo, Putin.
  • Putin’s blitz caught the entire western political establishment flat-footed. Even now, three days into the air campaign, neither the administration nor the policy wonks at the many far-right think tanks in Washington have even settled on an approach, much less a strategy, to developments on the ground. What’s clear, is that Putin’s action has surprised everyone including the media which to-this-day hasn’t even settled on it’s talking points. This is extraordinary. Ask yourself this, dear reader: How can our political and military leaders watch Moscow deploy its troops, warplanes and military hardware to a theater where the US is carrying out major operations and have absolutely no plan of how deal with those forces if they are sent into battle? If you are convinced, as I am, that we are governed by numbskulls, you will certainly find confirmation of that fact in recent events.
  • But while the Obama administration is frantically searching for a strategy, Putin’s air-squadrons are unleashing holy hell on the sociopaths, the head-choppers and the other assorted vipers that comprise the Islamic State.  And Mr. Putin is getting plenty of help too, particularly from the crack-troops in the Iranian Quds forces and from the ferocious militia that defeated the IDF in two separate conflicts, Hezbollah, the Army of God. Check this out from Reuters: “Hundreds of Iranian troops have arrived in Syria in the last 10 days and will soon join government forces and their Lebanese Hezbollah allies in a major ground offensive backed by Russian air strikes, two Lebanese sources told Reuters…. “The (Russian) air strikes will in the near future be accompanied by ground advances by the Syrian army and its allies,” said one of the sources familiar with political and military developments in the conflict…. “The vanguard of Iranian ground forces began arriving in Syria: soldiers and officers specifically to participate in this battle. They are not advisors … we mean hundreds with equipment and weapons. They will be followed by more,” the second source said. Iraqis would also take part in the operation, the source said.”
  • ...5 more annotations...
  • (“Assad allies, including Iranians, prepare ground attack in Syria: sources“, Reuters) A military alliance between Moscow, Tehran and Hezbollah? You’re darn tootin’, and you can thank Barack Obama and his lunatic regime change plan for that development. Many critics of Putin’s action have said that “He doesn’t know what he’s doing” or “He’ll get bogged down” or “It’ll be another Vietnam”. Wrong. The fact is, Putin is more a devotee of the Powell Doctrine than any of the morons at the Pentagon. And he is particularly mindful of Rule Number 5 which states: “Is there a plausible exit strategy to avoid endless entanglement?” Has Putin thought about that or has he merely blundered ahead impulsively like US leaders are so apt to do?  Here’s what he said on September 30:
  • “We naturally have no intention of getting deeply entangled in this conflict. We will act strictly in accordance with our set mission. First, we will support the Syrian army only in its lawful fight against terrorist groups. Second, our support will be limited to airstrikes and will not involve ground operations. Third, our support will have a limited timeframe and will continue only while the Syrian army conducts its anti-terrorist offensive.” Bingo. In other words, he’s going to bomb these jokers into oblivion and let Quds brigade and Hezbollah mop up afterwards. There will be no Russian boots-on-the-ground. The Russian airforce will get precise intelligence on ISIS locations from Syrian agents on the battlefield which will minimize civilian casualties and limit damage to critical infrastructure. It will also make mincemeat out of anyone on the receiving end of the bombardment. Does anyone seriously believe that  ISIS and the disparate rabble of “moderate” throat-slitters that receive CIA funding are going to be able to withstand this impending onslaught?
  • No way. Putin’s going to cut through these guys like a tornado through a trailer park.  Yes, ISIS has had some success against the bedraggled Iraqi and Syrian armies. But now they’re up-against the A Team where they are clearly out of their league.  Rolling up these cutthroats is going to take a lot less time than anyone figured. Russian bombers are already destroying ammo dumps, fuel depots, heavy military hardware, command posts, anything that enhances ISIS’s ability to wage war.  The new anti-terror coalition is going to cut supply lines and hang the jihadis out to dry. And the whole operation is going to be wrapped up before Uncle Sam even get’s his boots laced.  This is from Iran’s Press TV: “A senior member of Russia’s parliament says an ongoing air campaign by Moscow against militants operating in Syria is going to intensify. Alexei Pushkov, who serves as the chairman of the Committee for International Affairs at the Russian State Duma, said Friday that Moscow will be intensifying its attacks against the militants in Syria while studying the risks associated with an extensive operation.
  • “There is always a risk of being bogged down, but in Moscow, we are talking about an operation of three to four months,” Alexei Pushkov said, Reuters reported. Russia started to launch coordinated airstrikes on the positions of militants in Syria on Wednesday. The move came shortly after members of the Russian upper house of the parliament, the Federation Council, authorized the operations in Syria.” (Press TV) There’s not going to be any pussyfooting around. Putin’s going to go straight for the jugular and then head for the exits.
  • Do you think they’ve figured this out at the White House yet?  Do you think they understand that Iranian troops and Hezbollah are not going to distinguish between the “moderate” terrorists and the “extreme” terrorists; that they’re simply going to “kill them all and let God sort it out”.  Do you think they realize that Washington’s Middle East policy just collapsed and that the funding of jihadis and dreams of regime change just ended for good?  Do you think they grasp that Washington’s role as guarantor of global security has just been transferred to Vladimir Putin who has put himself and his country at risk to defend the fundamental principles of international law, national sovereignty and self determination? Here’s Putin again:  “We are supporting the government of Syria in the fight against a terrorist aggression. We are offering and will continue to offer it necessary military-technical assistance. We must continue a dialogue for the sake of reaching consensus. But it’s impossible to achieve real success as long as bloodshed continues and people don’t feel secure. We won’t achieve anything until we defeat terrorism in Syria.” Putin is leading a coalition in the fight against terror. We should all be grateful for that.
  • Paul Merrell on 05 Oct 15
     
    The inimitable Mike Whitney.
Gary Edwards

Walking Away From Your Mortgage: Is it moral? Or is it a legitamate financial option b... - 0 views

www.businessinsider.com/away-from-your-mortgage-2009-3

financial-crisis obama-socialism banksters

shared by Gary Edwards on 05 Mar 09 - Cached
  • MM CA said: Mar. 04, 1:28 PM Borrower_underwater: and your point is? defending the banks and mortgage industry? who said his house was dump? he said it was his dream home... pay attention... either way the man and his fmaily were smart enough to save 300k for a down payment. i live in california and the appreciation of housing the past 10 years was irrational and unsustainbale. he boguht three years ago. there was no crisis then. Why woudlnt he buy. Renting now is smart but then? i think you need to inderstand the crisis better. i understand a little bit more than you think i do: see my list of issues/predcitons i developed 3 mtonhs ago... most are coming true...
  • So here lies the squeeze. Originator gets paid per loan made. People in an iron lung are getting approved for subprime. Bank hopes to package loan into CMO and sell to Helsinki or some such. Who is supposed to make sure that the house is really worth what the guy in the iron lung is willing to pay? The appraiser. Not the Originator. Not the bank (we're clearly not talking the good old commmunity bank days were your loan officer knew your neighborhood).
  • it is easy to see where the bank's first protection against a borrower default, correctly establishing a home's value at the time of purchase, falls to the side. That's where it starts to look like the "pay me to rate you" goons at the rating agencies. The populace and ultimate debt holders have counted on the ratings and home valuation process to be clean but simple economic incentives should tell us otherwise.
  • ...1 more annotation...
  • I agree that the argument that "it's priced into the rate" is insufficient, what is sufficient is the fact that the consequences of walking away are actually in the contract! If I stop paying, you take the house. That's why the bank gets to have a lien. It's all part of the deal we signed, remember?. I don't think walking away from the mortgage is even "breaking" the contract. We will simply be exercising a different clause of the contract: foreclosure in lieu of payment.
  • Gary Edwards on 05 Mar 09
     
    Mortgage lenders absolutely hate borrowers who walk away from underwater mortgages, especially those who could actually afford to keep paying off their mortgages but just decide it isn't worth it. They hate them so much that the term-of-art for these borrowers is "ruthless." But the ethics of mortgage lenders don't have much to recommend them. We need to decide for ourselves whether or not there's a moral obligation to keep paying off a mortgage. For some it's practically a patriotic duty. For others it's a matter of being a good neighbor, since foreclosures could hurt their home values also. Still others say it's just a matter of being a moral person who keeps promises. Great comments to this story. Check out the predictions from MM_CA. They have a diigo highlight. At the time of my reading of this story, the DOW was down 200 pts to 6678.95. The Supreme Leader is busy conducting a healthcare summit, claiming that "fixing" (read "nationalizing") the healthcare system will result in so many jobs that the economy will turn around. The comments are well worth the time!
Gary Edwards

American Thinker: Wrecks, Lies and Barney Frank - 0 views

www.americanthinker.com/...cks_lies_and_barney_frank.html

politics bailout barney-frank fannie-freddie

shared by Gary Edwards on 29 Oct 08 - Cached
  • But then a caller challenged Frank's continued insistence that the meltdown was brought on by Republican deregulation, citing the 1999 NY Times article concerning Clinton Administration efforts to force Fannie to ease mortgage standards in order to provide more minority and lower-income lending. The caller reminded Barney of his own words as ranking member from a 2003 Times piece reporting Bush's initiative to reign in Fannie and Freddie by creating new oversight under the Treasury Department:
  • "The recklessness of government is a primary culprit here. For years, Congress has been pushing banks to make risky, subprime loans. Using the authority of the Community Reinvestment Act, the big push for subprime mortgages began in earnest during the Clinton years. Banks that didn't play ball were subject to serious fines and lawsuits, and regulatory obstacles were placed in their way. While expanding access to the American Dream is a worthy goal, by blindly pursuing that goal and allowing the end to justify any means, we put millions of Americans at financial risk."
  • In truth, the Bill that would have likely averted the Fannie/Freddy failure -- the Federal Housing Enterprise Regulatory Reform Act of 2005 (S. 190) -- was Republican legislation introduced by Sen. Charles Hagel [R-NE] in January of 2005. 
  • ...2 more annotations...
  • What's more, the "regulation" Frank now takes credit for was not his (H.R.1427 passed the House last year but never escaped Senate committee) but rather Nancy Pelosi's (H.R. 3221 - The Housing and Economic Recovery Act of 2008). And Pelosi's version, not surprisingly and unlike its Republican predecessors, was signed marked up with over 66 pages of Liberal wealth redistribution wish-fulfillment under the guise of assuring "affordable housing."  While it did establish (and way too late, Barney) the Federal Housing Finance Agency, with regulatory authority over Fannie Mae, Freddie Mac, the Federal Home Loan Banks, and the Office of Finance, it's bogged down with tons of pork-fat. This oinker even increased the national debt limit from $9.82 trillion to $10.62 trillion, and commissioned a boatload of programs for low income families to spend it on.
  • Frank did, however, introduce legislation of his own in October of last year. Would you believe that H.R. 3838 was actually an attempt to temporarily increase the caps on Fannie/Freddie portfolios and to mandate the "use of 85% of such increase for refinancing subprime mortgages at risk of foreclosure?
  • Gary Edwards on 29 Oct 08
     
    But then a caller challenged Frank's continued insistence that the meltdown was brought on by Republican deregulation, citing the 1999 NY Times article concerning Clinton Administration efforts to force Fannie to ease mortgage standards in order to provide more minority and lower-income lending. The caller reminded Barney of his own words as ranking member from a 2003 Times piece reporting Bush's initiative to reign in Fannie and Freddie by creating new oversight under the Treasury Department:
Gary Edwards

Fanniegate: Gamechanger For The GOP? | Via Meadia - 0 views

blogs.the-american-interest.com/...iegate-gamechanger-for-the-gop

financial-collapse obammunism fanniegate

shared by Gary Edwards on 09 Jun 11 - No Cached
  • The story doesn’t just attack a failure of Democratic policy execution; it exposes a key flaw in New Democratic thinking.  The Third Way as dreamed up by Bill Clinton and Tony Blair sought to harness the power of financial markets to a public service agenda.  Old style command and control liberalism believed in directly mandating business to do what politicians thought should be done.  AT&T had to serve rural communities, but in exchange it had a phone monopoly and regulators made sure that it made a good profit.  The airlines and bus companies had to service unprofitable routes, but regulators made sure that their route networks as a whole were profitable.
  • a new and updated liberalism appeared.
  • The sad fact remains that the current president, according to longstanding government clearance protocols, could not be hired as a janitor in a federal building with the amount of personal background information that he has provided. Run for President? No problem. Get any other federal job? No way. Quite apart from the issue of any sort of birth certificates, real or imagined, genuine or forged, is the fact that Barack Obama’s school records, SAT and LSAT scores, college and law school admission records and scholarship paperwork and grade transcripts and thesis papers, medical records, passport history, Illinois state senate tenure records, presidential campaign foreign donor lists, complete White House visitor logs and many other relevant records and documents have all never been released or allowed to be subjected to any sort of scrutiny, despite several years of repeated requests for disclosure by numerous individuals and non-traditional media organizations. Virtually the entire paper trail of Barack Obama’s existence has always been deeply hidden away in a tight shroud of secrecy. The Obama 2008 campaign and subsequent administration have to date spent a substantial sum on legal fees, estimated in the millions of dollars, to fight Freedom of Information Act filings and other motions and requests to examine some of this material. The powerful international law firm Perkins Coie, the counsel of record to the Democractic National Committee, has been their primary provider of these services and continues in that role.
  • Gary Edwards on 09 Jun 11
     
    excerpt:  Democrats, watch out. The Republican Party and especially its Tea Party wing have just acquired a new weapon of mass destruction - and it has nothing to do with any of Congressman Wiener's rogue body parts.  If they deploy this weapon effectively in the next election cycle - a big if - then they have the biggest opportunity to move the country rightward since Ronald Reagan took the oath of office back in 1981. The Tea Party WMD stockpile is currently stored in book form:  Reckless Endangerment: How Outsized Ambition, Greed, and Corruption Led to Economic Armageddon. By Gretchen Morgenson, one of America's best business journalists who is currently at The New York Times, and noted financial analyst Joshua Rosner, Reckless Endangerment gives the best available account of how the growing chaos in the mortgage and personal finance markets and the rampant bundling of dubious loans into exotically toxic securities plunged the world, and millions of American families, into the gravest financial crisis since World War Two. It is gripping reading as well, and its explanations are clear enough that readers without any background in finance will have no trouble following the plot.  The villains?  An unholy alliance between Wall Street, the Democratic establishment, community organizing groups like ACORN and La Raza, and politicians like Barney Frank, Nancy Pelosi and Henry Cisneros.  (Frank got a cushy job for a lover, Pelosi got a job and layoff protection for a son, Cisneros apparently got a license to mint money bilking Mexican-Americans of their life savings in cheesy housing developments.)
« First ‹ Previous 61 - 80 of 120 Next › Last »
Showing 20▼ items per page