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Gary Edwards

Jim Douglass: A Letter to the American People (and Myself in Particular) On the Unspeak... - 0 views

www.ratical.org/...letterToAP.html

Kennedy-Assassination Military-Industrial-Complex

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

Harvey Golub: My Response To Buffett And Obama - WSJ.com - 1 views

online.wsj.com/...3639404576516724218259688.html

Harvey-Golub Warren-Margarttaville-Buffett

shared by Gary Edwards on 23 Aug 11 - No Cached
  • Gary Edwards on 23 Aug 11
     
    Harvey is CEO of American Express:  This is his rant and it's awesome!   ......... Over the years, I have paid a significant portion of my income to the various federal, state and local jurisdictions in which I have lived, and I deeply resent that President Obama has decided that I don't need all the money I've not paid in taxes over the years, or that I should leave less for my children and grandchildren and give more to him to spend as he thinks fit. I also resent that Warren Buffett and others who have created massive wealth for themselves think I'm "coddled" because they believe they should pay more in taxes. I certainly don't feel "coddled" because these various governments have not imposed a higher income tax. After all, I did earn it. Others could pay higher taxes if they choose. They could voluntarily write a check or they could advocate that their gifts to foundations should be made with after-tax dollars and not be deductible. They could also pay higher taxes if they were not allowed to set up foundations to avoid capital gains and estate taxes. What gets me most upset is two other things about this argument: the unfair way taxes are collected, and the violation of the implicit social contract between me and my government that my taxes will be spent-effectively and efficiently-on purposes that support the general needs of the country. Before you call me greedy, make sure you operate fairly on both fronts.
Paul Merrell

Fukushima - A Global Threat That Requires a Global Response - 0 views

www.truth-out.org/...hat-requires-a-global-response

environment pollution radiation Fukushima disaster

shared by Paul Merrell on 26 Oct 13 - No Cached
  • The story of Fukushima should be on the front pages of every newspaper. Instead, it is rarely mentioned. The problems at Fukushima are unprecedented in human experience and involve a high risk of radiation events larger than any that the global community has ever experienced. It is going to take the best engineering minds in the world to solve these problems and to diminish their global impact. When we researched the realities of Fukushima in preparation for this article, words like apocalyptic, cataclysmic and Earth-threatening came to mind. But, when we say such things, people react as if we were the little red hen screaming "the sky is falling" and the reports are ignored. So, we’re going to present what is known in this article and you can decide whether we are facing a potentially cataclysmic event.
  • There are three major problems at Fukushima: (1) Three reactor cores are missing; (2) Radiated water has been leaking from the plant in mass quantities for 2.5 years; and (3) Eleven thousand spent nuclear fuel rods, perhaps the most dangerous things ever created by humans, are stored at the plant and need to be removed, 1,533 of those are in a very precarious and dangerous position. Each of these three could result in dramatic radiation events, unlike any radiation exposure humans have ever experienced.  We’ll discuss them in order, saving the most dangerous for last.
  • Missing reactor cores:  Since the accident at Fukushima on March 11, 2011, three reactor cores have gone missing.  There was an unprecedented three reactor ‘melt-down.’ These melted cores, called corium lavas, are thought to have passed through the basements of reactor buildings 1, 2 and 3, and to be somewhere in the ground underneath.  Harvey Wasserman, who has been working on nuclear energy issues for over 40 years, tells us that during those four decades no one ever talked about the possibility of a multiple meltdown, but that is what occurred at Fukushima.  It is an unprecedented situation to not know where these cores are. TEPCO is pouring water where they think the cores are, but they are not sure. There are occasional steam eruptions coming from the grounds of the reactors, so the cores are thought to still be hot. The concern is that the corium lavas will enter or may have already entered the aquifer below the plant. That would contaminate a much larger area with radioactive elements. Some suggest that it would require the area surrounding Tokyo, 40 million people, to be evacuated. Another concern is that if the corium lavas enter the aquifer, they could create a "super-heated pressurized steam reaction beneath a layer of caprock causing a major 'hydrovolcanic' explosion." A further concern is that a large reserve of groundwater which is coming in contact with the corium lavas is migrating towards the ocean at the rate of four meters per month. This could release greater amounts of radiation than were released in the early days of the disaster.
  • ...15 more annotations...
  • Radioactive water leaking into the Pacific Ocean:  TEPCO did not admit that leaks of radioactive water were occurring until July of this year. Shunichi Tanaka the head of Japan’s Nuclear Regulation Authority finally told reporters this July that radioactive water has been leaking into the Pacific Ocean since the disaster hit over two years ago. This is the largest single contribution of radionuclides to the marine environment ever observed according to a report by the French Institute for Radiological Protection and Nuclear Safety.  The Japanese government finally admitted that the situation was urgent this September – an emergency they did not acknowledge until 2.5 years after the water problem began. How much radioactive water is leaking into the ocean? An estimated 300 tons (71,895 gallons/272,152 liters) of contaminated water is flowing into the ocean every day.  The first radioactive ocean plume released by the Fukushima nuclear power plant disaster will take three years to reach the shores of the United States.  This means, according to a new study from the University of New South Wales, the United States will experience the first radioactive water coming to its shores sometime in early 2014.
  • One month after Fukushima, the FDA announced it was going to stop testing fish in the Pacific Ocean for radiation.  But, independent research is showing that every bluefin tuna tested in the waters off California has been contaminated with radiation that originated in Fukushima. Daniel Madigan, the marine ecologist who led the Stanford University study from May of 2012 was quoted in the Wall Street Journal saying, "The tuna packaged it up (the radiation) and brought it across the world’s largest ocean. We were definitely surprised to see it at all and even more surprised to see it in every one we measured." Marine biologist Nicholas Fisher of Stony Brook University in New York State, another member of the study group, said: "We found that absolutely every one of them had comparable concentrations of cesium 134 and cesium 137." In addition, Science reports that fish near Fukushima are being found to have high levels of the radioactive isotope, cesium-134. The levels found in these fish are not decreasing,  which indicates that radiation-polluted water continues to leak into the ocean. At least 42 fish species from the area around the plant are considered unsafe.  South Korea has banned Japanese fish as a result of the ongoing leaks.
  • As bad as the ongoing leakage of radioactive water is into the Pacific, that is not the largest part of the water problem.  The Asia-Pacific Journal reported last month that TEPCO has 330,000 tons of water stored in 1,000 above-ground tanks and an undetermined amount in underground storage tanks.  Every day, 400 tons of water comes to the site from the mountains, 300 tons of that is the source for the contaminated water leaking into the Pacific daily. It is not clear where the rest of this water goes.   Each day TEPCO injects 400 tons of water into the destroyed facilities to keep them cool; about half is recycled, and the rest goes into the above-ground tanks. They are constantly building new storage tanks for this radioactive water. The tanks being used for storage were put together rapidly and are already leaking. They expect to have 800,000 tons of radioactive water stored on the site by 2016.  Harvey Wasserman warns that these unstable tanks are at risk of rupture if there is another earthquake or storm that hits Fukushima. The Asia-Pacific Journal concludes: "So at present there is no real solution to the water problem."
  • The most recent news on the water problem at Fukushima adds to the concerns. On October 11, 2013, TEPCO disclosed that the radioactivity level spiked 6,500 times at a Fukushima well.  "TEPCO said the findings show that radioactive substances like strontium have reached the groundwater. High levels of tritium, which transfers much easier in water than strontium, had already been detected." Spent Fuel Rods:  As bad as the problems of radioactive water and missing cores are, the biggest problem at Fukushima comes from the spent fuel rods.  The plant has been in operation for 40 years. As a result, they are storing 11 thousand spent fuel rods on the grounds of the Fukushima plant. These fuel rods are composed of highly radioactive materials such as plutonium and uranium. They are about the width of a thumb and about 15 feet long. The biggest and most immediate challenge is the 1,533 spent fuel rods packed tightly in a pool four floors above Reactor 4.  Before the storm hit, those rods had been removed for routine maintenance of the reactor.  But, now they are stored 100 feet in the air in damaged racks.  They weigh a total of 400 tons and contain radiation equivalent to 14,000 times the amount released by the Hiroshima atomic bomb.
  • The building in which these rods are stored has been damaged. TEPCO reinforced it with a steel frame, but the building itself is buckling and sagging, vulnerable to collapse if another earthquake or storm hits the area. Additionally, the ground under and around the building is becoming saturated with water, which further undermines the integrity of the structure and could cause it to tilt. How dangerous are these fuel rods?  Harvey Wasserman explains that the fuel rods are clad in zirconium which can ignite if they lose coolant. They could also ignite or explode if rods break or hit each other. Wasserman reports that some say this could result in a fission explosion like an atomic bomb, others say that is not what would happen, but agree it would be "a reaction like we have never seen before, a nuclear fire releasing incredible amounts of radiation," says Wasserman. These are not the only spent fuel rods at the plant, they are just the most precarious.  There are 11,000 fuel rods scattered around the plant, 6,000 in a cooling pool less than 50 meters from the sagging Reactor 4.  If a fire erupts in the spent fuel pool at Reactor 4, it could ignite the rods in the cooling pool and lead to an even greater release of radiation. It could set off a chain reaction that could not be stopped.
  • What would happen? Wasserman reports that the plant would have to be evacuated.  The workers who are essential to preventing damage at the plant would leave, and we will have lost a critical safeguard.  In addition, the computers will not work because of the intense radiation. As a result we would be blind - the world would have to sit and wait to see what happened. You might have to not only evacuate Fukushima but all of the population in and around Tokyo, reports Wasserman.  There is no question that the 1,533 spent fuel rods need to be removed.  But Arnie Gundersen, a veteran nuclear engineer and director of Fairewinds Energy Education, who used to build fuel assemblies, told Reuters "They are going to have difficulty in removing a significant number of the rods." He described the problem in a radio interview: "If you think of a nuclear fuel rack as a pack of cigarettes, if you pull a cigarette straight up it will come out — but these racks have been distorted. Now when they go to pull the cigarette straight out, it’s going to likely break and release radioactive cesium and other gases, xenon and krypton, into the air. I suspect come November, December, January we’re going to hear that the building’s been evacuated, they’ve broke a fuel rod, the fuel rod is off-gassing."
  • Wasserman builds on the analogy, telling us it is "worse than pulling cigarettes out of a crumbled cigarette pack." It is likely they used salt water as a coolant out of desperation, which would cause corrosion because the rods were never meant to be in salt water.  The condition of the rods is unknown. There is debris in the coolant, so there has been some crumbling from somewhere. Gundersen  adds, "The roof has fallen in, which further distorted the racks," noting that if a fuel rod snaps, it will release radioactive gas which will require at a minimum evacuation of the plant. They will release those gases into the atmosphere and try again. The Japan Times writes: "The consequences could be far more severe than any nuclear accident the world has ever seen. If a fuel rod is dropped, breaks or becomes entangled while being removed, possible worst case scenarios include a big explosion, a meltdown in the pool, or a large fire. Any of these situations could lead to massive releases of deadly radionuclides into the atmosphere, putting much of Japan — including Tokyo and Yokohama — and even neighboring countries at serious risk."  
  • This is not the usual moving of fuel rods.  TEPCO has been saying this is routine, but in fact it is unique – a feat of engineering never done before.  As Gundersen says: "Tokyo Electric is portraying this as easy. In a normal nuclear reactor, all of this is done with computers. Everything gets pulled perfectly vertically. Well nothing is vertical anymore, the fuel racks are distorted, it’s all going to have to be done manually. The net effect is it’s a really difficult job. It wouldn’t surprise me if they snapped some of the fuel and they can’t remove it." Gregory Jaczko, Former Chairman of the U.S. Nuclear Regulatory Commission concurs with Gundersen describing the removal of the spent fuel rods as "a very significant activity, and . . . very, very unprecedented." Wasserman sums the challenge up: "We are doing something never done before – bent, crumbling, brittle fuel rods being removed from a pool that is compromised, in a building that is sinking, sagging and buckling, and it all must done under manual control, not with computers."  And the potential damage from failure would affect hundreds of millions of people.
  • The first thing that is needed is to end the media blackout.  The global public needs to be informed about the issues the world faces from Fukushima.  The impacts of Fukushima could affect almost everyone on the planet, so we all have a stake in the outcome.  If the public is informed about this problem, the political will to resolve it will rapidly develop. The nuclear industry, which wants to continue to expand, fears Fukushima being widely discussed because it undermines their already weak economic potential.  But, the profits of the nuclear industry are of minor concern compared to the risks of the triple Fukushima challenges. 
  • The second thing that must be faced is the incompetence of TEPCO.  They are not capable of handling this triple complex crisis. TEPCO "is already Japan’s most distrusted firm" and has been exposed as "dangerously incompetent."  A poll found that 91 percent of the Japanese public wants the government to intervene at Fukushima. Tepco’s management of the stricken power plant has been described as a comedy of errors. The constant stream of mistakes has been made worse by constant false denials and efforts to minimize major problems. Indeed the entire Fukushima catastrophe could have been avoided: "Tepco at first blamed the accident on ‘an unforeseen massive tsunami’ triggered by the Great East Japan Earthquake on March 11, 2011. Then it admitted it had in fact foreseen just such a scenario but hadn’t done anything about it."
  • The reality is Fukushima was plagued by human error from the outset.  An official Japanese government investigation concluded that the Fukushima accident was a "man-made" disaster, caused by "collusion" between government and Tepco and bad reactor design. On this point, TEPCO is not alone, this is an industry-wide problem. Many US nuclear plants have serious problems, are being operated beyond their life span, have the same design problems and are near earthquake faults. Regulatory officials in both the US and Japan are too corruptly tied to the industry. Then, the meltdown itself was denied for months, with TEPCO claiming it had not been confirmed.  Japan Times reports that "in December 2011, the government announced that the plant had reached ‘a state of cold shutdown.’ Normally, that means radiation releases are under control and the temperature of its nuclear fuel is consistently below boiling point."  Unfortunately, the statement was false – the reactors continue to need water to keep them cool, the fuel rods need to be kept cool – there has been no cold shutdown.
  • TEPCO has done a terrible job of cleaning up the plant.  Japan Times describes some of the problems: "The plant is being run on makeshift equipment and breakdowns are endemic. Among nearly a dozen serious problems since April this year there have been successive power outages, leaks of highly radioactive water from underground water pools — and a rat that chewed enough wires to short-circuit a switchboard, causing a power outage that interrupted cooling for nearly 30 hours. Later, the cooling system for a fuel-storage pool had to be switched off for safety checks when two dead rats were found in a transformer box."  TEPCO has been constantly cutting financial corners and not spending enough to solve the challenges of the Fukushima disaster resulting in shoddy practices that cause environmental damage. Washington’s Blog reports that the Japanese government is spreading radioactivity throughout Japan – and other countries – by burning radioactive waste in incinerators not built to handle such toxic substances. Workers have expressed concerns and even apologized for following order regarding the ‘clean-up.’
  • Indeed, the workers are another serious concern. The Guardian reported in October 2013 the plummeting morale of workers, problems of alcohol abuse, anxiety, loneliness, Post-Traumatic Stress Disorder and depression. TEPCO cut the pay of its workers by 20 percent in 2011 to save money even though these workers are doing very difficult work and face constant problems. Outside of work, many were traumatized by being forced to evacuate their homes after the Tsunami; and they have no idea how exposed to radiation they have been and what health consequences they will suffer. Contractors are hired based on the lowest bid, resulting in low wages for workers. According to the Guardian, Japan's top nuclear regulator, Shunichi Tanaka, told reporters: "Mistakes are often linked to morale. People usually don't make silly, careless mistakes when they're motivated and working in a positive environment. The lack of it, I think, may be related to the recent problems." The history of TEPCO shows we cannot trust this company and its mistreated workforce to handle the complex challenges faced at Fukushima. The crisis at Fukushima is a global one, requiring a global solution.
  • In an open letter to the United Nations, 16 top nuclear experts urged the government of Japan to transfer responsibility for the Fukushima reactor site to a worldwide engineering group overseen by a civil society panel and an international group of nuclear experts independent from TEPCO and the International Atomic Energy Administration , IAEA. They urge that the stabilization, clean-up and de-commissioning of the plant be well-funded. They make this request with "urgency" because the situation at the Fukushima plant is "progressively deteriorating, not stabilizing." 
  • The problems at Fukushima are in large part about facing reality – seeing the challenges, risks and potential harms from the incident. It is about TEPCO and Japan facing the reality that they are not equipped to handle the challenges of Fukushima and need the world to join the effort. 
  • Paul Merrell on 26 Oct 13
     
    Excellent roundup of evidence that the Fukushima disaster recovery process has gone badly awry and is devolving quickly to looming further disasters. Political momentum is gathering to wrest the recovery efforts away from the Japanese government and to place its leadership in the hands of an international group of experts. The disaster was far worse than its portrayal in mainstream media, is continuing, and even worse secondary disasters now loom. 
Joe La Fleur

If I Were the Devil - (BEST VERSION) by PAUL HARVEY audio restored - YouTube - 0 views

www.youtube.com/...H3Az0okaHig

devil version paul harvey audio

shared by Joe La Fleur on 26 Jul 12 - No Cached
  • Joe La Fleur on 26 Jul 12
     
    PROPHECY 47 YEARS AGO DID HE GET IT RIGHT?
Gary Edwards

Boxworks 2013: New Box Preview Converts Documents Into HTML5 - 1 views

www.techweekeurope.co.uk/...preview-documents-html5-127319

JFK Jerome-Corsi banksters Federal-Reserve-Bankster-Cartel CIA

shared by Gary Edwards on 19 Sep 13 - No Cached
  • Gary Edwards on 19 Sep 13
     
    "Who Killed JFK?" is a new book from investigative reporter, Jerome Corsi. This first interview with Corsi was outstanding! (There are three mp3's available on request). The Dallas assacination was the third attempt to kill JFK, and Corsi insists that JFK was aware of the first two attempts. JFK knew the risk of going to Dallas. The first attempt was in Chicago, followed by one in Tampa Bay in August. The coupe was carried out by the CIA and primary planners included the Dulles brothers, Lyndon Johnson, Herbert Hoover, General Curtis Lemay as well as key mafia figures. The plan itself was a copy of a 1957 CIA coupe in Ecuador, hatched by E Howard Hunt. And yes, both Nixon and Poppy Bush were in Dallas that fateful weekend. Date: 09-17-13 excerpt: As we prepare for the 50th anniversary of the JFK assassination, author and columnist Jerome Corsi discussed his extensive research into the killing of Kennedy. The ballistics evidence proves that more than one shooter was involved, and that the lone gunman theory is false, he said. When Kennedy was brought into the Parkland Hospital after the shooting, the doctors recorded an entrance wound in the front of the head. But in examining frames from the end of the Zapruder film, when the car was about to go under the underpass, you can see the back of JFK's head is blown out. Lee Harvey Oswald, shooting supposedly from the Book Depository, was positioned behind Kennedy, and therefore couldn't have been the only shooter, Corsi stated. "A shot from the front means there was two shooters at least." One reason for JFK's assassination was that he wouldn't go along with an arranged New World Order, and refused to use the US military to support business interests, and he planned to dismantle the CIA, Corsi outlined. He named Allen Dulles, the former head of the CIA, as one of the planners of the JFK assassination and detailed how that in addition to Dallas, there were 2 other attempts to kill the President in November 1963
  • Paul Merrell on 19 Sep 13
     
    Wrong link and title here, Gary.
Gary Edwards

NY Fed Under Geithner Implicated in Lehman Accounting Fraud Allegation « nak... - 0 views

www.nakedcapitalism.com/...n-lehman-accounting-fraud.html

financial-crisis banksters

shared by Gary Edwards on 12 Mar 10 - Cached
  • Gary Edwards on 12 Mar 10
     
    Quite a few observers, including this blogger, have been stunned and frustrated at the refusal to investigate what was almost certain accounting fraud at Lehman. Despite the bankruptcy administrator's effort to blame the gaping hole in Lehman's balance sheet on its disorderly collapse, the idea that the firm, which was by its own accounts solvent, would suddenly spring a roughly $130+ billion hole in its $660 balance sheet, is simply implausible on its face. Indeed, it was such common knowledge in the Lehman flailing about period that Lehman's accounts were sus that Hank Paulson's recent book mentions repeatedly that Lehman's valuations were phony as if it were no big deal. Well, it is folks, as a newly-released examiner's report by Anton Valukas in connection with the Lehman bankruptcy makes clear. The unraveling isn't merely implicating Fuld and his recent succession of CFOs, or its accounting firm, Ernst & Young, as might be expected. It also emerges that the NY Fed, and thus Timothy Geithner, were at a minimum massively derelict in the performance of their duties, and may well be culpable in aiding and abetting Lehman in accounting fraud and Sarbox violations. We need to demand an immediate release of the e-mails, phone records, and meeting notes from the NY Fed and key Lehman principals regarding the NY Fed's review of Lehman's solvency. If, as things appear now, Lehman was allowed by the Fed's inaction to remain in business, when the Fed should have insisted on a wind-down (and the failed Barclay's said this was not infeasible: even an orderly bankruptcy would have been preferrable, as Harvey Miller, who handled the Lehman BK filing has made clear; a good bank/bad bank structure, with a Fed backstop of the bad bank, would have been an option if the Fed's justification for inaction was systemic risk), the NY Fed at a minimum helped perpetuate a fraud on investors and counterparties. This pattern further suggests the Fed, which by its
Paul Merrell

New Book on CIA Master-Plotter Dulles, Sneak Peek: Part 3 - WhoWhatWhy - 0 views

whowhatwhy.org/...otter-dulles-sneak-peek-part-3

JFK-assassination Dulles CIA Warren-Commission

shared by Paul Merrell on 17 Oct 15 - No Cached
  • No one can possibly understand the precarious state of American democracy today without scrutinizing the often secret path the country was taken on by those in power from the 1950s to the present.Among the elemental figures in forging that path was Allen Dulles.He was the most powerful, and, it appears — the most sinister — director of the Central Intelligence Agency. Given that outfit’s history, that’s some accomplishment.Dulles’s job, simply put, was to hijack the US government to benefit the wealthy.Studying how this worked is a worthwhile pursuit. That’s why we decided to excerpt a few parts of David Talbot’s new Dulles biography, The Devil’s Chessboard.In part one of our excerpts, we looked at indications that Lee Harvey Oswald was no rogue “lone nut” but in fact a man with strong connections to the American national security apparatus. We also looked at Allen Dulles’s highly suspicious behavior around the time of the assassination — a time when he was ostensibly in retirement, having been fired two years earlier by President Kennedy. And we saw how determined Dulles was in advancing the notion that Oswald had been Kennedy’s killer, and had acted alone.In part two, we focused on the Warren Commission, the body “above suspicion” that was supposed to investigate Kennedy’s death and report its findings to the public. We see the irrepressible Allen Dulles, who should by almost any standard have been considered a possible suspect for a role in the assassination, instead appointed to the Commission. And we see how he became the leading figure in guiding the “probe,” along with a network of individuals whose loyalties were clearly to him and to the American establishment, but certainly not to the truth — or to the late President.
  • Below, in part three, we are treated to a detailed account of the Warren Commission’s “investigation” as the fraud that it was. Complete with leaks to influence public opinion, cooperative news organizations and journalists, cover-up artists and the odd person of conscience, this charade deserves much more attention because it shows the extent to which we are manipulated — and others forced to go along to get along. There’s one commission staffer with a conscience, but he gets a pretty clear warning to back off.
Paul Merrell

New Book on CIA Master-Plotter Dulles, Sneak Peek: Part 1 - WhoWhatWhy - 0 views

whowhatwhy.org/...otter-dulles-sneak-peek-part-1

JFK-assassination Dulles CIA

shared by Paul Merrell on 13 Oct 15 - No Cached
  • No one can possibly understand the precarious state of American democracy today without scrutinizing the often secret path the country was taken on by those in power from the 1950s to the present.Among the elemental figures in forging that path was Allen Dulles.He was the most powerful, and, it appears — the most sinister — director of the Central Intelligence Agency. Given that outfit’s history, that’s some accomplishment.Dulles’s job, simply put, was to hijack the US government to benefit the wealthy.Studying how this worked is a worthwhile pursuit. That’s why we decided to excerpt a few parts of David Talbot’s new Dulles biography, The Devil’s Chessboard. Perhaps nothing is more troubling than Dulles’s behavior around the time that John F. Kennedy was assassinated.
  • Although Kennedy had fired him in 1961, Dulles basically kept, de facto, running the CIA anyway, as Talbot notes. And, even more ominously, after Kennedy was killed in Dallas on Friday November 22, Dulles moved into The Farm, a secret CIA facility in Virginia, where he remained for the weekend — during which time the “suspect,” Lee Harvey Oswald, was killed, and a vast machinery began to create the “lone gunman” myth that has dominated our history books to the present.And that same machinery began to bury evidence that Oswald himself had deep connections into US intelligence.Throughout all this, it is clear, Dulles was no rogue operative. He was serving the interests of America’s corporate and war-making elites. And he went all out.The “former” CIA director was so determined to control the JFK death story spin, as Talbot chronicles below, that he even tried to strong-arm former president Harry Truman when the plain-spoken Missourian broadly hinted that he suspected the Agency was involved in Kennedy’s murder.
  • First part of a compressed Excerpt of Chapter 20, “For the Good of the Country” from The Devil’s Chessboard. Allen Dulles, the CIA, and the Rise of the American Secret Government. HarperCollins Publishers, 2015.
Paul Merrell

Did Al Qaeda Cash in on the 9/11 Attacks? | 911Blogger.com - 0 views

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war & peace 9-11 insider-trading CIA

shared by Paul Merrell on 31 Jul 14 - No Cached
  • In chapter one Rickards’ otherwise clear vision fails him. The author is absolutely correct that pre-9/11 insider trading did occur. Rickards also correctly notes that “every transaction has two parties,” meaning that every put and call option leaves a paper trail. But Rickards insults our intelligence when he tells us that associates of Osama bin Laden were responsible for the insider trading. Rickards would have us believe, for example, that the terrorists were behind the 600% spike in call options for the military contractor Raytheon, whose stock surged 37% in the weeks after 9/11. Other big winners were L-3 Communications, Northrop Grumman, and Allied Techsystems. According to Paul Zarembka, professor of econometrics at SUNY Buffalo, the put/call options were exercised, meaning that whoever purchased them later collected the profits, blood money. But is it believable that the very same terrorists who sought to destroy America got away with profiting from the subsequent vast expansion of the US war machine? Catching those responsible certainly was the intent of the Securities and Exchange Commission, which led the probe into allegations of insider trading in the weeks after 9/11. At the time, SEC chairman Harvey Pitt told the press “We will do everything in our power to track those [guilty] people down and bring them to justice.” Everyone took it for granted that the paper trail would lead to al Qaeda.
  • Yet, weeks later, the SEC quietly and inexplicably tabled its investigation. Why? Instead of issuing indictments, the SEC took the unprecedented step of deputizing everyone associated with its probe. This totaled hundreds, possibly thousands, of people. Why did the SEC do this? The answer was transparently obvious to former LAPD narcotics investigator Mike Ruppert, who pointed out that the SEC deputized its investigators to effectively gag them, no doubt, to prevent leakage of its actual findings. And what were those findings? Well, probably the inconvenient truth that the paper trail led not to bin Laden but back to Wall Street. As we know, there was leakage despite the SEC’s best efforts to keep a lid on things. The Independent (UK) reported that “to the embarrassment of investigators, it has emerged that the firm used to buy the put options on United Airlines was headed until 1998 by Alvin “Buzzy” Krongard, now executive director of the CIA.” George Tenet had personally recruited Krongard, probably to serve as his liaison with Wall Street.
  • The firm in question was America’s oldest investment bank, A.B. Brown, which merged with Bankers Trust in 1997. In 1999, when B.T. - Alex Brown pled guilty to criminal conspiracy charges, after it was revealed that top-level executives had created a $20 million slush fund out of unclaimed funds, B.T. - Alex Brown was on the verge of being closed down when Deutsche Bank scooped it up. Krongard’s former associate at Alex Brown, Mayo Shattuck III, who helped engineer the merger with Bankers Trust, went on to assume Krongard’s former duties as private banker to the firm’s wealthiest clients, personally arranging confidential transactions and transfers. According to the New York Times, in January 2001, Shattuck was named “co-head of investment banking….overseeing Deutsche Bank’s 400 brokers who cater to wealthy clients.” Shattuck’s sudden resignation on September 12, 2001 must therefor be viewed as highly suspicious. Shattuck retired without a word of explanation even though he reportedly had three years remaining on his contract.
  • ...1 more annotation...
  • All of the above is conspicuously absent from Rickards’ discussion about insider trading. One may draw his/her own conclusions -- I have drawn mine. Even as we teeter on the brink of a financial meltdown of historic proportions, the insider-writer who would explain all of this cannot bring himself to acknowledge the true extent of Wall Street corruption and criminality, especially regarding 9/11, the fulcrum event that produced the world as we know it.
  • Paul Merrell on 31 Jul 14
     
    The mentioned article by The Independent is no longer on that newspaper's web site. But it survives on the Wayback Machine. http://goo.gl/j4nJVX
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