Group items tagged north - Socialism and the End of the American Dream

FBI Director: Sony's 'Sloppy' North Korean Hackers Revealed Their IP Addresses | WIRED - 0 views

www.wired.com/...s-failed-use-proxies-sony-hack

war & peace cyberwar North-Korea Sony-hack FBI Comey

shared by Paul Merrell on 08 Jan 15 - No Cached

The Obama administration has been tightlipped about its controversial naming of the North Korean government as the definitive source of the hack that eviscerated Sony Pictures Entertainment late last year. But FBI director James Comey is standing by the bureau’s conclusion, and has offered up a few tiny breadcrumbs of the evidence that led to it. Those crumbs include the claim that Sony hackers sometimes failed to use the proxy servers that masked the origin of their attack, revealing IP addresses that the FBI says were used exclusively by North Korea. Speaking at a Fordham Law School cybersecurity conference Wednesday, Comey said that he has “very high confidence” in the FBI’s attribution of the attack to North Korea. And he named several of the sources of his evidence, including a “behavioral analysis unit” of FBI experts trained to psychologically analyze foes based on their writings and actions. He also said that the FBI compared the Sony attack with their own “red team” simulations to determine how the attack could have occurred. And perhaps most importantly, Comey now says that the hackers in the attack failed on multiple occasions to use the proxy servers that bounce their Internet connection through an obfuscating computer somewhere else in the world, revealing IP addresses that tied them to North Koreans.
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“In nearly every case, [the Sony hackers known as the Guardians of Peace] used proxy servers to disguise where they were coming from in sending these emails and posting these statements. But several times they got sloppy,” Comey said. “Several times, either because they forgot or because of a technical problem, they connected directly and we could see that the IPs they were using…were exclusively used by the North Koreans.” “They shut it off very quickly once they saw the mistake,” he added. “But not before we saw where it was coming from.” Comey’s brief and cryptic remarks—with no opportunity for followup questions from reporters—respond to skepticism and calls for more evidence from cybersecurity experts unsatisfied with the FBI’s vague statements tying the hack to North Korean government. In a previous public announcement the FBI had said only that it found “similarities in specific lines of code, encryption algorithms, data deletion methods, and compromised networks,” as well as IP addresses that matched prior attacks it knows to have originated in North Korea. At that time, the FBI also said it had further evidence matching the tools used in the attack to a North Korean hacking attack that hit South Korean banks and media outlets.
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Following those elliptical statements, the cybersecurity community demanded more information be released to prove North Korea’s involvement. Some have even signed a petition on the White House website calling for more transparency in the investigation. Well-known security blogger and author Bruce Schneier has compared the FBI’s “trust us” mentality to the claims of the Bush administration about Saddam Hussein’s nonexistent weapons of mass destruction in the run-up to the Iraq War. Without more information, security experts themselves have remained deeply divided in their conclusions about who hacked Sony.
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That pseudo-explanation will likely do little to quell the security community’s doubts. Even if the hackers appeared to fail to use proxies on some occasions, it could still be very difficult to be sure those “real” IP addresses weren’t proxies themselves designed to serve as further misdirection. And a nagging loose thread remains that the Guardians of Peace hackers in their initial statements to Sony tried to extort money from the company before making any political demands. Sony’s Kim Jong-un assassination comedy “The Interview,” the suppression of which is believed by many to be the North Korean government’s motive in the hack, wasn’t even mentioned by the hackers until long after the intrusion was underway. Comey didn’t address that plot hole in the North Korean explanation in his speech.
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The Legend of the Phoenix - 0 views

www.informationclearinghouse.info/article37154.htm

war & peace drone attacks Phoenix-Program counter-insurgency

shared by Paul Merrell on 21 Dec 13 - No Cached

It would seem the CIA has gone back into their archives, blown the dust off the Phoenix Program, and put it into play again as the “Drone War.” The similarities with the Drone War are readily evident to anyone old enough to know of the Phoenix Program. For those who aren’t old enough or who have forgotten, the Phoenix Program is usually referred to as an assassination program and was the subject of investigation by the Senate’s “Church Committee.” Indisputably, thousands of South Vietnamese civilians were killed under this CIA directed program.
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Phoenix was far more than a mere assassination program , however. It was a Counter-Insurgency, COIN, program, using the tactic of counter-terrorism, including assassination, against the insurgent’s so-called infrastructure. This was the Vietnamese civilian population in which the insurgent, the Viet Cong guerilla, operated and from some of whom they drew their support. To the U.S., these civilians were the Viet Cong Infrastructure, the VCI. And the VCI was the target to be terrorized by any means necessary in the hope that they would turn against the Viet Cong. The VCI would have included the families, close and extended kinship groups, of alleged active Viet Cong combatants, fellow villagers, and other Vietnamese civilians who were not actively opposed to the Viet Cong. Some of this “support” was voluntary and some coerced. As the Phoenix Program went on, with its assassinations, torture practices, and “disappearances,” more support became voluntary as Vietnamese peasants turned against the U.S. and the South Vietnamese government as a result of the program. An error in identification of a victim was irrelevant to those in control of the program, the CIA, as it still served the purpose of terrorizing the civilian population, which was the true purpose of the program.
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For the Viet Cong, this was a classic example of achieving the guerilla’s goal of having a civilian population turn against a government by a government’s own harsh over-reaction to the guerilla threat. Today, a guerilla and the people whom they are amongst are deemed “terrorists” if they find themselves on the wrong side of a domestic conflict that the U.S. has taken a side in, such as Yemen. As we saw in Libya, and see in Syria, these guerillas can become instant U.S. allies who must be supported, if, or when, the U.S. makes policy changes. But unless those U.S. policy changes occur, these groups remain part of the global terrorist network of “associated forces” with al Qaeda, in the eyes of CIA and military officials, and targeted with drones. From the relatively large number of civilian victims of drone attacks as claimed by residents of Pakistan’s Federally Administered Tribal Areas (FATA) and the political party, Pakistan Tehreek Insaf (PTI), this Drone Program has all the hallmarks of the Phoenix Program.
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Without more transparency by the government, no other conclusion can be drawn that the reason we see so many civilians killed by drones, while denying it as John Brennan did, is because we are targeting civilians as the “infrastructure.” While Anwar al-Awlaki was declared to be an “operational leader,” with the extremely elastic category of “infrastructure” as used in Vietnam, his “operational” activity may have only been “spreading antigovernment propaganda and rumors,” as the Rand Corporation put it, which led to his extrajudicial execution. How many other American citizens might that reach?
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Paul Merrell on 21 Dec 13

Spot on analysis by a retired Navy lawyer who knows his U.S. military history.The striking parallels he points to between contemporary U.S. drone terrorism and the notorious Viet Nam War Phoenix Program terrorism are no accident. Among the super-hawks of the War Party, there has been a persistent meme that the U.S. military suffered no defeat in Viet Nam, that the vaunted "counter-insurgency" strategy and tactics were working, and that the war was lost by politicians and the American public who lost the nerve to continue the war. If you put your blinders on firmly enough to pretend that the North and South Vietnamese were separate people, there's an element of truth to that myth. The South Vietnamese Viet Cong guerrillas were decimated by 1970. But the North and South Vietnamese were in fact one people of a single nation, who had united to defeat and evict the French military force. The division into two nations was to have been only a one-year thing, prelude to national election of a government for a reunited Viet Nam. It was the U.S. puppet government of the South that, realizing they could not win the election, reneged on allowing it in the South. Long before the Viet Cong became a shadow of its former force, the Vietnamese from the North had responded to the betrayal of the treaty by sending North Vietnamese regular army troops ("NVA") to the South, spearheaded by the same battle-hardened men who had defeated the French. And the U.S. military was well and truly overwhelmed by the NVA's strategy and tactics, forced to retreat into strongholds from which they ventured only in force. The NVA's Tet Offensive in 1968 failed to succeed in the effort to capture multiple Vietnamese cities concurrently. But the number, weaponry, and power of their force caused Lyndon Johnson to realize that the U.S. generals had been lying to him, that the U.S. was not on the brink of victory, and that there was a very long slog ahead with an unknown outcome if the U.S. continu

<div class="cArrow"> </div><div class="cContentInner">Spot on analysis by a retired Navy lawyer who knows his U.S. military history.The striking parallels he points to between contemporary U.S. drone terrorism and the notorious Viet Nam War Phoenix Program terrorism are no accident. Among the super-hawks of the War Party, there has been a persistent meme that the U.S. military suffered no defeat in Viet Nam, that the vaunted "counter-insurgency" strategy and tactics were working, and that the war was lost by politicians and the American public who lost the nerve to continue the war. If you put your blinders on firmly enough to pretend that the North and South Vietnamese were separate people, there's an element of truth to that myth. The South Vietnamese Viet Cong guerrillas were decimated by 1970. But the North and South Vietnamese were in fact one people of a single nation, who had united to defeat and evict the French military force. The division into two nations was to have been only a one-year thing, prelude to national election of a government for a reunited Viet Nam. It was the U.S. puppet government of the South that, realizing they could not win the election, reneged on allowing it in the South. Long before the Viet Cong became a shadow of its former force, the Vietnamese from the North had responded to the betrayal of the treaty by sending North Vietnamese regular army troops ("NVA") to the South, spearheaded by the same battle-hardened men who had defeated the French. And the U.S. military was well and truly overwhelmed by the NVA's strategy and tactics, forced to retreat into strongholds from which they ventured only in force. The NVA's Tet Offensive in 1968 failed to succeed in the effort to capture multiple Vietnamese cities concurrently. But the number, weaponry, and power of their force caused Lyndon Johnson to realize that the U.S. generals had been lying to him, that the U.S. was not on the brink of victory, and that there was a very long slog ahead with an unknown outcome if the U.S. continu</div>

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Why the Sony hack is unlikely to be the work of North Korea. | Marc's Security Ramblings - 0 views

marcrogers.org/...-to-be-the-work-of-north-korea

Sony-hack North-Korea false-flag FBI Obama

shared by Paul Merrell on 25 Dec 14 - No Cached

Everyone seems to be eager to pin the blame for the Sony hack on North Korea. However, I think it’s unlikely. Here’s why:1. The broken English looks deliberately bad and doesn’t exhibit any of the classic comprehension mistakes you actually expect to see in “Konglish”. i.e it reads to me like an English speaker pretending to be bad at writing English. 2. The fact that the code was written on a PC with Korean locale & language actually makes it less likely to be North Korea. Not least because they don’t speak traditional “Korean” in North Korea, they speak their own dialect and traditional Korean is forbidden. This is one of the key things that has made communication with North Korean refugees difficult. I would find the presence of Chinese far more plausible.
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3. It’s clear from the hard-coded paths and passwords in the malware that whoever wrote it had extensive knowledge of Sony’s internal architecture and access to key passwords. While it’s plausible that an attacker could have built up this knowledge over time and then used it to make the malware, Occam’s razor suggests the simpler explanation of an insider. It also fits with the pure revenge tact that this started out as. 4. Whoever did this is in it for revenge. The info and access they had could have easily been used to cash out, yet, instead, they are making every effort to burn Sony down. Just think what they could have done with passwords to all of Sony’s financial accounts? With the competitive intelligence in their business documents? From simple theft, to the sale of intellectual property, or even extortion – the attackers had many ways to become rich. Yet, instead, they chose to dump the data, rendering it useless. Likewise, I find it hard to believe that a “Nation State” which lives by propaganda would be so willing to just throw away such an unprecedented level of access to the beating heart of Hollywood itself.
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5. The attackers only latched onto “The Interview” after the media did – the film was never mentioned by GOP right at the start of their campaign. It was only after a few people started speculating in the media that this and the communication from DPRK “might be linked” that suddenly it became linked. I think the attackers both saw this as an opportunity for “lulz” and as a way to misdirect everyone into thinking it was a nation state. After all, if everyone believes it’s a nation state, then the criminal investigation will likely die.
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6. Whoever is doing this is VERY net and social media savvy. That, and the sophistication of the operation, do not match with the profile of DPRK up until now. Grugq did an excellent analysis of this aspect his findings are here – http://0paste.com/6875#md 7. Finally, blaming North Korea is the easy way out for a number of folks, including the security vendors and Sony management who are under the microscope for this. Let’s face it – most of today’s so-called “cutting edge” security defenses are either so specific, or so brittle, that they really don’t offer much meaningful protection against a sophisticated attacker or group of attackers.
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8. It probably also suits a number of political agendas to have something that justifies sabre-rattling at North Korea, which is why I’m not that surprised to see politicians starting to point their fingers at the DPRK also. 9. It’s clear from the leaked data that Sony has a culture which doesn’t take security very seriously. From plaintext password files, to using “password” as the password in business critical certificates, through to just the shear volume of aging unclassified yet highly sensitive data left out in the open. This isn’t a simple slip-up or a “weak link in the chain” – this is a serious organization-wide failure to implement anything like a reasonable security architecture.
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The reality is, as things stand, Sony has little choice but to burn everything down and start again. Every password, every key, every certificate is tainted now and that’s a terrifying place for an organization to find itself. This hack should be used as the definitive lesson in why security matters and just how bad things can get if you don’t take it seriously. 10. Who do I think is behind this? My money is on a disgruntled (possibly ex) employee of Sony.
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EDIT: This appears (at least in part) to be substantiated by a conversation the Verge had with one of the alleged hackers – http://www.theverge.com/2014/11/25/7281097/sony-pictures-hackers-say-they-want-equality-worked-with-staff-to-break-in Finally for an EXCELLENT blow by blow analysis of the breach and the events that followed, read the following post by my friends from Risk Based Security – https://www.riskbasedsecurity.com/2014/12/a-breakdown-and-analysis-of-the-december-2014-sony-hack EDIT: Also make sure you read my good friend Krypt3ia’s post on the hack – http://krypt3ia.wordpress.com/2014/12/18/sony-hack-winners-and-losers/
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Paul Merrell on 25 Dec 14

Seems that the FBI overlooked a few clues before it told Obama to go ahead and declare war against North Korea.

<div class="cArrow"> </div><div class="cContentInner">Seems that the FBI overlooked a few clues before it told Obama to go ahead and declare war against North Korea. </div>

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Obama slaps Kim Jong Un with new sanctions - Tal Kopan - POLITICO - 0 views

www.politico.com/...anctions-sony-hack-113930.html

war & peace cyberwar North-Korea sanctions Sony-hack

shared by Paul Merrell on 05 Jan 15 - No Cached

President Barack Obama on Friday took the first declared U.S. action against North Korea in response to the crippling cyberattack on Sony Pictures Entertainment over Thanksgiving, ordering a fresh set of financial sanctions against the authoritarian regime. Senior administration officials told reporters it was the first time the U.S. has sanctioned a country as a direct result of a cyberattack on an American business, though in the past sanctions have been imposed for human rights abuses by cyber means. Story Continued Below The president signed an executive order Friday afternoon authorizing the action, and the Treasury Department immediately sanctioned a North Korean government agency, two trading companies and 10 individuals affiliated with them under the new powers.
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The FBI announced it had concluded North Korea was behind the attack, which wiped out Sony’s servers and computer network for a week and dumped massive amounts of sensitive company data, emails and other intellectual property on the Internet, on Dec. 19. Obama reiterated the government’s determination of North Korea’s responsibility at a press conference that day before leaving for his Hawaiian trip, and pledged a “proportionate response.” Friday’s sanctions are the U.S. government’s first declared response since that day. In the interim, the cybersecurity community has expressed skepticism of North Korea’s culpability based on the indicators the FBI cited as evidence for its conclusion, but officials and the FBI have remained firm that there is no evidence suggesting any other entity is behind the attack. In Friday’s call an official said the FBI is “standing by our assessment” and has access to channels for intelligence that private security firms do not.
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Paul Merrell on 05 Jan 15

Notably, the Obama Administration has to date supplied no evidence whatsoever that North Korea had any involvement in the Sony hack.

<div class="cArrow"> </div><div class="cContentInner">Notably, the Obama Administration has to date supplied no evidence whatsoever that North Korea had any involvement in the Sony hack. </div>

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M of A - Sony Hack - NYT Editors Find New Iraq WMD - 0 views

www.moonofalabama.org/...ditors-find-new-iraq-wmd-.html

war & peace North-Korea U.S.-foreign-policy Sony-hack Obama

shared by Paul Merrell on 22 Dec 14 - No Cached

A Japanese company with some offices in California was hacked. Several terrabytes of data were copied off its internal networks and some of it was put on file sharing sites. One of the items copied was a film produced in Canada that depicts as comedy the terror act of killing of a current head of state. The U.S. State Department applauded that movie scene. But there were tons of other data like social security numbers, payroll data, and internal emails stolen all of which that might have been the real target of the hackers. The tools to hack the company are well known and in the public domain. The company, Sony, had lousy internal network security and had been hacked before. The hackers probably had some inside knowledge. They used servers in Bolivia, China and South Korea to infiltrate. There is zero public evidence in the known that the hack was state sponsored.
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But the U.S. is claiming that the event is a "national security matter". Who's national security? Japan's? Canada's? Why? A private Japanese entertainment(!) company left the doors open and had some equipment vandalized and some of its private property stolen. Why, again, is that of U.S. "national interest"? Why would the U.S. even consider some "proportional response"? The White House is anonymously accusing the state of North Korea of having done the hack. It provides no evidence to support that claim and the government of North Korea denied any involvement. The FBI and Sony say they have no evidence for such a claim. Still the New York Times editors eat it all up:
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North Korean hackers, seeking revenge for the movie, stole millions of documents, including emails, health records and financial information that they dished out to the world. How do the editors know that these were "North Korean hackers"? The same way the knew about Iraq's weapons of mass destruction? Make believe and anonymous claims by U.S. government officials? Yeah - those folks never lie. Right?
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Paul Merrell on 22 Dec 14

What bothers me most here is that there are no voices calling for Obama to refrain from a "proportional response" until there is a Congressional authorization for use of military force. Cyberwarfare is warfare, after all.

<div class="cArrow"> </div><div class="cContentInner">What bothers me most here is that there are no voices calling for Obama to refrain from a "proportional response" until there is a Congressional authorization for use of military force. Cyberwarfare is warfare, after all.</div>

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Voters Say "Yes" to the Republican Who Said "No" to Wall Street | The Nation - 0 views

www.thenation.com/...blican-who-said-no-wall-street

Auction-2014 Libertarians Jones banksters neocons

shared by Paul Merrell on 07 May 14 - No Cached

House Speaker John Boehner and his cronies removed North Carolina Congressman Walter Jones from the House Financial Services Committee in late 2012, as part of a purge that removed Republicans who were not all in for Wall Street -- and for Boehner's brand of "service" to the industries that are supposed to be regulated by Congress -- from the one panel with the power to hold bankers and brokers to account. But Jones, who had opposed bank bailouts and favored Wall Street regulation, did not go quietly. He spoke up about the purge and made little secret of his sense that -- though he had split with Boehner on a number of issues -- his biggest "sin" in the eyes of the party leadership was his refusal to bow to the demands of big campaign donors. “This whole place is all about money. Money is more important than policy,” complained Jones, who has in recent years co-sponsored most major pieces of campaign-finance reform legislation in the House -- including a call for a constitutional amendment designed to restore the ability of federal, state and local officials to regulate campaign spending.
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The congressman's bluntness did not go over well with the masters of the universe on Wall Street. So, this spring, they set out to purge Walter Jones from Congress altogether. They found a consummate DC insider with close ties to the financial-services industry, Taylor Griffin, and filled the challenger's campaign treasury with PAC checks from J.P. Morgan, Wells Fargo and Bank of America, as well as political powerbrokers like former Republican National Committee chairman Haley Barbour and Wayne Berman of the Blackstone Group. It did not stop there. Jones' independence extended far beyond debates over Wall Street bailouts and regulation. The Republican is a social and economic conservative -- make that a social and economic very conservative -- but he has repeatedly broken with the party establishment on issues of war and peace, privacy rights, trade policy and budgets. He even voted against proposals by the darling of Wall Street and the party establishment, Congressman Paul Ryan
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Bush administration aides and apologists rushed in with public statements and "independent" expenditures to attack Jones for his opposition to wars in Iraq and Afghanistan, and for his refusal to go along with moves that might lead to wars with Iran and other countries. Former Bush White House spokesman Ari Fleischer gave his enthusiastic backing to Griffin, as did former national security adviser Juan Zarate. Sarah Palin, one of the party's most consistent militarists, came in big for Griffin, who hailed her as an "old friend." A neo-conservative group, the Emergency Committee For Israel, spent at least $250,000 on ads that claimed Jones "preaches American decline." What Jones actually said was that, “Lyndon Johnson’s probably rotting in hell right now because of the Vietnam War, and he probably needs to move over for Dick Cheney.” At the same time, the wealthy champions of Ryan's crony-capitalist approach to budgeting were in with big money for TV ads and direct mail from the "Ending Spending Action Fund" -- a super PAC backed by billionaire businessman Joe Ricketts. By a lot of DC measures, Jones should have been doomed.
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But the ten-term congressman bet that the voters of eastern North Carolina would stick with him. “I’m not going to sacrifice my integrity for anyone or any party,” he said. “It’s the price you pay. I didn’t come (to Washington) to be a puppet for anyone. And I think the public back in my district, which is the most important, has seen I’m willing to do what I think is right.” It was the right bet. On Tuesday, Republican primary voters in eastern North Carolina decided to purge the Wall Street donors and the special interests. The reelected Walter Jones by a solid 51-45 margin.
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These experts still don't buy the FBI claim that North Korea hacked Sony - LA Times - 0 views

www.latimes.com/...-dont-buy-20141221-column.html

war & peace North-Korea U.S.-foreign-policy cyberwarfare

shared by Paul Merrell on 22 Dec 14 - No Cached

resident Obama has done his best to tamp down fury at North Korea for hacking Sony--"I don't think it was an act of war," he said Sunday on CNN, but "cybervandalism"--but to find true skepticism about North Korea's role in the attack, you have to turn to the professional hacking and anti-hacking community.
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Many hackers, anti-hackers and cybersecurity experts still don't share the FBI's conclusion that "the North Korean government is responsible for these actions," as the agency declared last week. They've picked apart the FBI's evidence, which was set forth in a public memo Friday and a much more detailed alert circulated to corporation security departments early in December, and found it wanting. 
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As we explained earlier, that's important for two main reasons: You don't want to stoke anger at a government that may be either innocent or peripherally involved (North Korea has denied responsibility for the Sony attack), and you don't want the real perpetrators to evade the law-enforcement net.Let's take a look at what the experts are saying.
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North Dakota Voters Reject Move to Ease Ban on Corporate Farming - The New York Times - 0 views

www.nytimes.com/...-ban-on-corporate-farming.html

North-Dakota corporate-farming

shared by Paul Merrell on 16 Jun 16 - No Cached

North Dakota voters on Tuesday rejected a move by the state to loosen its Depression-era rules prohibiting corporate farming.The North Dakota Farmers Union had led a campaign to overturn the legislature’s decision last year to exempt pork and dairy businesses from the ban on corporate farming.Supporters of the so-called ham-and-cheese law said it would revitalize dairy and swine farms after years of decline.Those who opposed the law criticized it is an invitation to large, out-of-state companies to set up operations in North Dakota.
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Jim Kunstler's 2014 Forecast - Burning Down The House | Zero Hedge - 0 views

www.zerohedge.com/...14-forecast-burning-down-house

Banksters

shared by Gary Edwards on 08 Jan 14 - No Cached

Gary Edwards on 08 Jan 14

Incredible must read analysis. Take away: the world is going to go "medevil". It's the only way out of this mess. Since the zero hedge layout is so bad, i'm going to post as much of the article as Diigo will allow: Jim Kunstler's 2014 Forecast - Burning Down The House Submitted by Tyler Durden on 01/06/2014 19:36 -0500 Submitted by James H. Kunstler of Kunstler.com , Many of us in the Long Emergency crowd and like-minded brother-and-sisterhoods remain perplexed by the amazing stasis in our national life, despite the gathering tsunami of forces arrayed to rock our economy, our culture, and our politics. Nothing has yielded to these forces already in motion, so far. Nothing changes, nothing gives, yet. It's like being buried alive in Jell-O. It's embarrassing to appear so out-of-tune with the consensus, but we persevere like good soldiers in a just war. Paper and digital markets levitate, central banks pull out all the stops of their magical reality-tweaking machine to manipulate everything, accounting fraud pervades public and private enterprise, everything is mis-priced, all official statistics are lies of one kind or another, the regulating authorities sit on their hands, lost in raptures of online pornography (or dreams of future employment at Goldman Sachs), the news media sprinkles wishful-thinking propaganda about a mythical "recovery" and the "shale gas miracle" on a credulous public desperate to believe, the routine swindles of medicine get more cruel and blatant each month, a tiny cohort of financial vampire squids suck in all the nominal wealth of society, and everybody else is left whirling down the drain of posterity in a vortex of diminishing returns and scuttled expectations. Life in the USA is like living in a broken-down, cob-jobbed, vermin-infested house that needs to be gutted, disinfected, and rebuilt - with the hope that it might come out of the restoration process retaining the better qualities of our heritage.

<div class="cArrow"> </div><div class="cContentInner">Incredible must read analysis. Take away: the world is going to go "medevil". It's the only way out of this mess. Since the zero hedge layout is so bad, i'm going to post as much of the article as Diigo will allow: Jim Kunstler's 2014 Forecast - Burning Down The House Submitted by Tyler Durden on 01/06/2014 19:36 -0500 Submitted by James H. Kunstler of Kunstler.com , Many of us in the Long Emergency crowd and like-minded brother-and-sisterhoods remain perplexed by the amazing stasis in our national life, despite the gathering tsunami of forces arrayed to rock our economy, our culture, and our politics. Nothing has yielded to these forces already in motion, so far. Nothing changes, nothing gives, yet. It's like being buried alive in Jell-O. It's embarrassing to appear so out-of-tune with the consensus, but we persevere like good soldiers in a just war. Paper and digital markets levitate, central banks pull out all the stops of their magical reality-tweaking machine to manipulate everything, accounting fraud pervades public and private enterprise, everything is mis-priced, all official statistics are lies of one kind or another, the regulating authorities sit on their hands, lost in raptures of online pornography (or dreams of future employment at Goldman Sachs), the news media sprinkles wishful-thinking propaganda about a mythical "recovery" and the "shale gas miracle" on a credulous public desperate to believe, the routine swindles of medicine get more cruel and blatant each month, a tiny cohort of financial vampire squids suck in all the nominal wealth of society, and everybody else is left whirling down the drain of posterity in a vortex of diminishing returns and scuttled expectations. Life in the USA is like living in a broken-down, cob-jobbed, vermin-infested house that needs to be gutted, disinfected, and rebuilt - with the hope that it might come out of the restoration process retaining the better qualities of our heritage.</div>

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US intel chiefs said to tell Trump he might consider killing Kim Jong-un | The Times of... - 0 views

www.timesofisrael.com/-including-killing-kim-jung-un

war & peace Trump-administration North-Korea assassination

shared by Paul Merrell on 17 Apr 17 - No Cached

In its efforts to grapple with North Korea, the US might consider killing its leader Kin Jong-un or deploying nuclear weapons in South Korea, the National Security Council has reportedly suggested to President Donald Trump.
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The NSC also presented Trump with the possibility of assassinating Kim, along with the option of infiltrating special forces into North Korea and then sabotaging key nuclear infrastructure. One option “is to target and kill North Korean leader Kim Jong-un and other senior leaders in charge of the country’s missiles and nuclear weapons and decision-making,” NBC news said. Such scenarios are part of an accelerated review of North Korea policy that were prepared in advance of Trump’s meeting with Chinese President Xi Jinping this week, NBC said, quoting multiple top-ranking intelligence and military officials.
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Paul Merrell on 17 Apr 17

A war crime by any measure.

<div class="cArrow"> </div><div class="cContentInner">A war crime by any measure. </div>

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North Dakota Allows Cops To Arm Their Drones With Tasers And Tear Gas | ThinkProgress - 0 views

thinkprogress.org/...north-dakota-taser-drones

war & peace police-militarization drones weaponization

shared by Paul Merrell on 27 Aug 15 - No Cached

There’s a new sheriff on the high plains. Or rather, just above them. North Dakota’s police agencies can fly drones armed with Tasers, tear gas, bean-bag cannons, and other “less-lethal” weapons, thanks to fierce lobbying from the law enforcement industry on a bill that was initially meant to restrict police use of the flying robots rather than outfit them with weapons. While other local police departments have flirted with weaponizing their drones, North Dakota is the first state to explicitly allow the armaments. When State Rep. Rick Becker introduced H.B. 1328, the law both banned weaponized drones and established a procedure for law enforcement to seek a warrant before using drones in searches. Only the warrant requirement survived. After stiff lobbying and a multi-stage public relations effort by law enforcement and drone proponents, first reported by The Daily Beast, the version of the bill that ultimately passed authorized police to arm their unmanned aerial vehicles with sound cannons, pepper spray, and other weapons not designed to kill. The weaponization of law enforcement drones could facilitate police abuse of force. Military drone pilots can develop a “Playstation mentality” toward their deadly work, according to United Nations official. The physical remove of a drone pilot desensitizes him, the thinking goes, and makes it easier to be rash about deploying his armaments. Pilots themselves contest this desensitization claim, however, and there’s reason to think military drone operators experience post-traumatic stress disorder despite sitting far from the battlefield.
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Police drones won’t have Hellfire missiles, of course. But the weapons North Dakota’s law enforcement drones are authorized to use under state law are still capable of causing serious injury and death. 39 people have been killed by police Tasers in 2015 thusfar, according to The Guardian. Rubber bullets can kill, and most non-lethal weapons can inflict grievous and lasting harm. Law enforcement operations are already monitoring civil rights activists affiliated with the Black Lives Matter movement, using a combination of undercover officers, social media snooping, and cell phone monitoring technology called Stingray. An FBI-provided aerial surveillance plane was also on hand during the unrest in Baltimore following the killing of Freddie Gray by police. Should drones equipped with remote-controlled Tasers and tear gas come into wider use, it seems likely they’d be incorporated into crowd control and demonstration monitoring efforts. In such uses, officers far from the scene of unrest could make bloodless decisions about how to deploy drone weaponry, potentially escalating tense situations.
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WSJ Reports: Bank of North Dakota Outperforms Wall Street | nsnbc international - 0 views

nsnbc.me/...dakota-outperforms-wall-street

banksters public-owned-banks

shared by Paul Merrell on 23 Nov 14 - No Cached

While 49 state treasuries were submerged in red ink after the 2008 financial crash, one state’s bank outperformed all others and actually launched an economy-shifting new industry.  So reports the Wall Street Journal this week, discussing the Bank of North Dakota (BND) and its striking success in the midst of a national financial collapse led by the major banks. Chester Dawson begins his November 16th article: It is more profitable than Goldman Sachs Group Inc., has a better credit rating than J.P. Morgan Chase & Co. and hasn’t seen profit growth drop since 2003. Meet Bank of North Dakota, the U.S.’s lone state-owned bank, which has one branch, no automated teller machines and not a single investment banker.
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He backs this up with comparative data on the BND’s performance:
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Dangerous Crossroads: US-NATO To Deploy Ground Troops, Conduct Large Scale Naval Exerci... - 0 views

www.globalresearch.ca/...5397415

war & peace Russia NATO WWIII Pivot-to-the-East

shared by Paul Merrell on 26 Aug 14 - No Cached

The World is at a dangerous Crossroads. The Western military alliance is in an advanced state of readiness. And so is Russia. Russia is heralded as the “Aggressor”. US-NATO military confrontation with Russia is contemplated. Enabling legislation in the US Senate under “The Russian Aggression Prevention Act” (RAPA) has “set the US on a path towards direct military conflict with Russia in Ukraine.”  Any US-Russian war is likely to quickly escalate into a nuclear war, since neither the US nor Russia would be willing to admit defeat, both have many thousands of nuclear weapons ready for instant use, and both rely upon Counterforce military doctrine that tasks their military, in the event of war, to preemptively destroy the nuclear forces of the enemy. (See Steven Starr, Global Research, August 22, 2014) The Russian Aggression Prevention Act (RAPA) is the culmination of more than twenty years of US-NATO war preparations, which consist in the military encirclement of both Russia and China:
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On July 24, in consultation with the Pentagon, NATO’s Europe commander General Philip Breedlove called for “stockpiling a base in Poland with enough weapons, ammunition and other supplies to support a rapid deployment of thousands of troops against Russia”.(RT, July 24, 2014). According to General Breedlove, NATO needs “pre-positioned supplies, pre-positioned capabilities and a basing area ready to rapidly accept follow-on forces”: “He plans to recommend placing supplies — weapons, ammunition and ration packs — at the headquarters to enable a sudden influx of thousands of Nato troops” (Times, August 22, 2014, emphasis added) Breedlove’s “Blitzkrieg scenario” is to be presented at NATO’s summit in Wales in early September, according to The London Times.  It is a “copy and paste” text broadly consistent with the  Russian Aggression Prevention Act (RAPA) which directs President Obama to:
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“(1) implement a plan for increasing U.S. and NATO support for the armed forces of Poland, Estonia, Lithuania, and Latvia, and other NATO member-states; and (2) direct the U.S. Permanent Representative to NATO to seek consideration for permanently basing NATO forces in such countries.” (S.2277 — 113th Congress (2013-2014)) More generally, a scenario of military escalation prevails with both sides involved in extensive war games. In turn, the structure of US sponsored military alliances plays a crucial role in war planning. We are dealing with a formidable military force involving a global alliance of 28 NATO member states. In turn, the US as well as NATO have established beyond the “Atlantic Region” a network of bilateral military alliances with “partner” countries directed against Russia, China, Iran and North Korea.
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t is worth noting that FLEETEX is one among several US-NATO naval war games directed against an unnamed enemy. In July, NATO conducted naval exercises in the Black sea, in an area contiguous to Russia’s maritime borders.
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NATO’s “Breeze” formally hosted by Bulgaria took place from July 4 to July 13, with the participation of naval vessels from Greece, Italy, Romania, Turkey, the U.K. and the U.S. The underlying scenario was the “”destruction of enemy ships in the sea and organization of air defense of naval groups and coastal infrastructure.” The exercises were “aimed at improving the tactical compatibility and collaboration among naval forces of the alliance’s member states…” (See Atlantic Council , see also Russia, U.S. ships sail in competing Black Sea exercises, July 7, Navy Times 2014) Ironically, NATO’s July Black Sea games started on exactly the same day as those of the “unnamed enemy”[Russia], involving its Crimea Black sea fleet of some 20 war ships and aircraft:
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Russia has made it clear they don’t welcome NATO’s presence in the Black Sea. Russia’s navy let it be known that it is following the exercises with reconnaissance aircraft and surveillance ships. “The aviation of the Black Sea Fleet is paying special attention to the missile cruiser USS Vella Gulf which, though not formally the flagship of the ‘Breeze’ exercises, effectively is leading them,” a Russian naval source told NTV. (Ibid)
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Since 2006, the US has been building up its weapons arsenal in Poland on Russia’s Western border (Kalingrad). The deployment of US forces in Poland was initiated  in July 2010 (within 40 miles from the border), with a view to training Polish forces in the use of US made Patriot missiles. (Stars and Stripes, 23 July 2010). In recent developments, the Pentagon announced in early August the deployment of US troops and National Guard forces to Ukraine as part of a military training operation. US-NATO is also planning further deployments of ground forces (as described by NATO General Breedlove) in Poland, Latvia, Estonia and Lithuania as well as in Georgia and Azerbaijan on Russia’s southern border. These deployments which are envisaged in the draft text of the “Russian Aggression Prevention Act” (RAPA) (S.2277 — 113th Congress (2013-2014)) are also part of a NATO “defensive” strategy in the case of a “Russian invasion”: Russia’s annexation of Crimea and the conflict in eastern Ukraine have alarmed Latvia, Estonia and Lithuania – like Ukraine, former Soviet republics with Russian-speaking minorities. NATO’s 28 leaders are expected to discuss plans to reassure Poland and the Baltics at a summit in Wales on Sept. 4-5.
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Deployment on Russia’s Southern border is to be coordinated under a three country agreement signed on August 22, 2014 by Turkey, Georgia and Azerbaijan: Following the trilateral meeting of Azerbaijani, Turkish and Georgian defense ministers, Tbilisi announced that the three countries are interested in working out a plan to strengthen the defense capability. “The representatives of the governments of these three countries start to think about working out a plan to strengthen the defense capability,” Alasania said, adding that this is in the interests of Europe and NATO.“Because, this transit route [Baku-Tbilisi-Kars] is used to transport the alliance’s cargo to Afghanistan,” he said. Alasania also noted that these actions are not directed against anyone. (See Azeri News, August 22, 2014, emphasis added)
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In the Far-east, Russia’s borders are also threatened by Obama’s “Pivot to Asia”. The “Pivot to Asia” from a military standpoint consists in extending US military deployments in the Asia-Pacific as well as harnessing the participation of Washington’s allies in the region, including Japan, South Korea and Australia. These countries have signed bilateral military cooperation agreements with Washington. As US allies, they are slated to be involved in Pentagon war plans directed against Russia, China and North Korea: Japan and South Korea are also both part of a grand U.S. military project involving the global stationing of missile systems and rapid military forces, as envisioned during the Reagan Administration. (Mahdi Darius Nazemroaya, Global Military Alliance: Encircling Russia and China, Global Research, October 5, 2007) This Pentagon strategy of military encirclement requires both centralized military decision making (Pentagon, USSTRATCOM) as well coordination with NATO and the various US regional commands.
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On August 12, the US and Australia signed a military agreement allowing for the deployment of US troops in Australia. This agreement is part of Obama’s Pivot to Asia: The U.S. and Australia signed an agreement Tuesday [August 12] that will allow the two countries’ militaries to train and work better together as U.S. Marines and airmen deploy in and out of the country. “This long-term agreement will broaden and deepen our alliance’s contributions to regional security,” U.S. Defense Secretary Chuck Hagel said Tuesday. He described the U.S.-Australia alliance as the “bedrock” for stability in the Asia-Pacific region.
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Ironically, coinciding with the announcement of the US-Australia agreement (August 12), Moscow announced that it would be conducting naval exercises in the Kuril Islands of the Pacific Ocean (which are claimed by Japan): “Exercises began involving military units in the region, which have been deployed to the Kuril Islands,” Colonel Alexander Gordeyev, a spokesman for Russia’s Eastern Military District, told news agency Interfax. (Moscow Times, August 12, 2014)
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While this renewed East-West confrontation has mistakenly been labelled a “New Cold War”, none of the safeguards of The Cold War era prevail. International diplomacy has collapsed. Russia has been excluded from the Group of Eight (G-8), which has reverted to the G-7 (Group of Seven Nations). There is no “Cold War East-West dialogue” between competing superpowers geared towards avoiding military confrontation. In turn, the United Nations Security Council has become a de facto mouthpiece of the U.S. State Department. US-NATO will not, however, be able to win a conventional war against Russia, with the danger that military confrontation will lead to a nuclear war. In the post-Cold war era, however, nuclear weapons are no longer considered as a  “weapon of last resort” under the Cold War doctrine of “Mutual Assured Destruction” (MAD).  Quite the opposite. nuclear weapons are heralded by the Pentagon as “harmless to the surrounding civilian population because the explosion is underground”. In 2002, the U.S. Senate gave the green light for the use of nuclear weapons in the conventional war theater.  Nukes are part of the “military toolbox” to be used alongside conventional weapons.
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When war becomes peace, the world is turned upside down.  In a bitter irony, nukes are now upheld by Washington as “instruments of peace”. In addition to nuclear weapons, the use of chemical weapons is also envisaged. Methods of non-conventional warfare are also contemplated by US-NATO including financial warfare, trade sanctions, covert ops, cyberwarfare, geoengineering and environmental modification technologies (ENMOD). But Russia also has  extensive capabilities in these areas.
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The timeline towards war with Russia has been set. The Wales NATO venue on September 4-5, 2014 is of crucial importance. What we are dealing with is a World War III Scenario, which is the object of the Wales NATO Summit, hosted by Britain’s Prime Minister David Cameron. The agenda of this meeting has already been set by Washington, NATO and the British government. It requires, according to PM David Cameron in a letter addressed to heads of State and heads of government of NATO member states ahead of the Summit that: “Leaders [of NATO countries] must review NATO’s long term relationship with Russia at the summit in response to Russia’s illegal actions in Ukraine. And the PM wants to use the summit to agree how NATO will sustain a robust presence in Eastern Europe in the coming months to provide reassurance to allies there, building on work already underway in NATO.” (See PM writes to NATO leaders ahead of NATO Summit Wales 2014)
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Russia Abandons PetroDollar By Opening Reserve Fund - 0 views

oilprice.com/...r-By-Opening-Reserve-Fund.html

war & peace economic-warfare Russia U.S. 2015 oil-forecast

shared by Paul Merrell on 19 Jan 15 - No Cached

2015 has not been good to Russia; the spread between Brent and WTI is gone in anticipation of US exports and both benchmarks have flirted with sub $45 prices. A hostage to such prices, the ruble has yet to begin its turnaround and the state’s finances are in extreme disarray. President Vladimir Putin’s approval ratings remain sky-high, but his country has not faced such difficult times since he took office more than 15 years ago. Since the turn of the new year the ruble has fallen over 13 percent and Russia’s central bank and finance department are running out of options – to date, policy makers have hiked interest rates to their highest level since the 1998 Russian financial crisis and embarked on a 1 trillion-ruble ($15 billion) bank recapitalization plan to little effect. Their latest, and most dramatic, plan is to abandon the dollar – at least somewhat.
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In late December, the Kremlin ordered five large state-owned exporters – including oil and gas giants Rosneft and Gazprom – to sell their foreign currency reserves. Specifically, the companies must bring their foreign reserves to October levels by the beginning of March. To comply, the exporters may have to sell a combined $1 billion per day until March. Private companies have not yet been hit by these soft capital controls, but have instead been advised to manage their foreign exchange maneuvers responsibly. More recently, the Kremlin announced it will open its $88 billion sovereign wealth fund and flip it for rubles. The plan will see Russia convert as much as $8 billion to rubles (~500 billion) over a two-month span and place them in deposits for banks. Overall, the move will provide the Russian economy with some much needed liquidity and could speed up the healing if oil were to rebound, but it sends the wrong signals to investors and Economy Minister Alexei Ulyukaev believes the country’s credit rating will soon be marked below investment grade.
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In any case, the move does little for the country’s ailing oil industry. The domestic market is projected to shrink amid the economic slowdown, and competition for market share abroad is increasingly competitive. Production forecasts are no rosier and the EIA predicts Russian crude production growth will be among the worst performers in both 2015 and 2016 – contrasted by continued growth in North America. Russia’s gas industry has fared no better. Gazprom’s 2014 output was historically awful and LNG is ever more a counter to the country’s pipeline politics.
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While Russia likely envisioned abandoning its dollars under far better circumstances, the news is just as worrying for the United States and its dollar hegemony. Along with Russia, energy exporters worldwide are pulling their petrodollars out of world financial markets and other USD-denominated assets in favor of greater, and certainly necessary, spending domestically. In the past, these dollars have given life to the loan market and helped fund debt among energy importers, contributing to overall growth.
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Petrodollar exports – otherwise known as petrodollar recycling – were negative in 2014 for the first time in nearly two decades. The result is falling global market liquidity, record low US Treasury rates, and higher borrowing costs for everyone – a tough pill to swallow for energy producers if oil prices remain low. The US dollar remains the global reserve currency for now, but the fact remains that nations are increasingly transacting on their own terms, and often times without the USD.
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Paul Merrell on 19 Jan 15

Re: "EIA predicts Russian crude production growth will be among the worst performers in both 2015 and 2016 - contrasted by continued growth in North America." That's not what is being reported. Many shale oil production facilities are no longer profitable in North America and credit for new efforts has completely dried up. And unless Congress can raise enough votes in both houses to overried Obama's promised veto of a bill to alow construction of the KXL Pipeline, Most of Canada's new oil production capacity will never reach the market. (Canada has ruled out pipelines from the Alberta tar sands to its own ocean coasts, so there is no alternative to KXL.)

<div class="cArrow"> </div><div class="cContentInner">Re: "EIA predicts Russian crude production growth will be among the worst performers in both 2015 and 2016 - contrasted by continued growth in North America." That's not what is being reported. Many shale oil production facilities are no longer profitable in North America and credit for new efforts has completely dried up. And unless Congress can raise enough votes in both houses to overried Obama's promised veto of a bill to alow construction of the KXL Pipeline, Most of Canada's new oil production capacity will never reach the market. (Canada has ruled out pipelines from the Alberta tar sands to its own ocean coasts, so there is no alternative to KXL.)</div>

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Swimming with the Sharks: Goldman Sachs, School Districts, and Capital Appreciation Bon... - 0 views

nsnbc.me/...and-capital-appreciation-bonds

Banksters Goldman-Sachs

shared by Gary Edwards on 21 Feb 15 - No Cached

In 2008, after collecting millions of dollars in fees to help California sell its bonds, Goldman urged its bigger clients to place investment bets against those bonds, in order to profit from a financial crisis that was sparked in the first place by irresponsible Wall Street speculation. Alarmed California officials warned that these short sales would jeopardize the state’s bond rating and drive up interest rates. But that result also served Goldman, which had sold credit default swaps on the bonds, since the price of the swaps rose along with the risk of default.
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In 2009, the lenders’ lobbying group than proposed and promoted AB1388, a California bill eliminating the debt ceiling requirement on long-term debt for school districts. After it passed, bankers traveled all over the state pushing something called “capital appreciation bonds” (CABs) as a tool to vault over legal debt limits. (Think Greece again.) Also called payday loans for school districts, CABs have now been issued by more than 400 California districts, some with repayment obligations of up to 20 times the principal advanced (or 2000%).
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The controversial bonds came under increased scrutiny in August 2012, following a report that San Diego County’s Poway Unified would have to pay $982 million for a $105 million CAB it issued. Goldman Sachs made $1.6 million on a single capital appreciation deal with the San Diego Unified School District.
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...10 more annotations...
. . . AB1388, signed by then-Gov. Arnold Schwarzenegger in 2009, [gave] banks the green light to lure California school boards into issuing bonds to raise quick money to build schools. Unlike conventional bonds that have to be paid off on a regular basis, the bonds approved in AB1388 relaxed regulatory safeguards and allowed them to be paid back 25 to 40 years in the future. The problem is that from the time the bonds are issued until payment is due, interest accrues and compounds at exorbitant rates, requiring a balloon payment in the millions of dollars. . . . Wall Street exploited the school boards’ lack of business acumen and proposed the bonds as blank checks written against taxpayers’ pocketbooks. One school administrator described a Wall Street meeting to discuss the system as like “swimming with the big sharks.” Wall Street has preyed on these school boards because of the millions of dollars in commissions. Banks, financial advisers and credit rating firms have billed California public entities almost $400 million since 2007. [State Treasurer] Lockyer described this as “part of the ‘new’ Wall Street,” which “has done this kind of thing on the private investor side for years, then the housing market and now its public entities.”
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The Federal Reserve could have made virtually-interest-free loans available to local governments, as it did for banks. But the Fed (whose twelve branches are 100% owned by private banks) declined. As noted by Cate Long on Reuters:
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The Fed has said that it will not buy muni bonds or lend directly to states or municipal issuers. But be sure if yields rise high enough Merrill Lynch, Goldman Sachs and JP Morgan will be standing ready to “save” these issuers. There is no “lender of last resort” for muniland.
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Among the hundreds of California school districts signing up for CABs were fifteen in Orange County. The Anaheim-based Savanna School District took on the costliest of these bonds, issuing $239,721 in CABs in 2009 for which it will have to repay $3.6 million by the final maturity date in 2034. That works out to $15 for every $1 borrowed. Santa Ana Unified issued $34.8 million in CABs in 2011. It will have to repay $305.5 million by the maturity date in 2047, or $9.76 for every dollar borrowed. Placentia-Yorba Linda Unified issued $22.1 million in capital appreciation bonds in 2011. It will have to repay $281 million by the maturity date in 2049, or $12.73 for every dollar borrowed.
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In 2013, California finally passed a law limiting debt service on CABs to four times principal, and limiting their maturity to a maximum of 25 years. But the bill is not retroactive. In several decades, the 400 cities that have been drawn into these shark-infested waters could be facing municipal bankruptcy – for capital “improvements” that will by then be obsolete and need to be replaced.
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Then-State Treasurer Bill Lockyer called the bonds “debt for the next generation.” But some economists argue that it is a transfer of wealth, not between generations, but between classes – from the poor to the rich. Capital investments were once funded with property taxes, particularly those paid by wealthy homeowners and corporations. But California’s property tax receipts were slashed by Proposition 13 and the housing crisis, forcing school costs to be borne by middle-class households and the students themselves.
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According to Demos, per-student funding has been slashed since 2008 in every state but one – the indomitable North Dakota. What is so different about that state? Some commentators credit the oil boom, but other states with oil have not fared so well. And the boom did not actually hit in North Dakota until 2010. The budget of every state but North Dakota had already slipped into the red by the spring of 2009.
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One thing that does single the state out is that North Dakota alone has its own depository bank.
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The state-owned Bank of North Dakota (BND) was making 1% loans to school districts even in December 2014, when global oil prices had dropped by half. That month, the BND granted a $10 million construction loan to McKenzie County Public School No. 1, at an interest rate of 1% payable over 20 years. Over the life of the loan, that works out to $.20 in simple interest or $.22 in compound interest for every $1 borrowed. Compare that to the $15 owed for every dollar borrowed by Anaheim’s Savanna School District or the $10 owed for every dollar borrowed by Santa Ana Unified.
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How can the BND afford to make these very low interest loans and still turn a profit? The answer is that its costs are very low. It has no exorbitantly-paid executives; pays no bonuses, fees, or commissions; pays no dividends to private shareholders; and has low borrowing costs. It does not need to advertise for depositors (it has a captive deposit base in the state itself) or for borrowers (it is a wholesale bank that partners with local banks, which find the borrowers). The BND also has no losses from derivative trades gone wrong. It engages in old-fashioned conservative banking and does not speculate in derivatives. Unlike the vampire squids of Wall Street, it is not motivated to maximize its bottom line in a predatory way. Its mandate is simply to serve the public interest.
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Gary Edwards on 21 Feb 15

" Remember when Goldman Sachs - dubbed by Matt Taibbi the Vampire Squid - sold derivatives to Greece so the government could conceal its debt, then bet against that debt, driving it up? It seems that the ubiquitous investment bank has also put the squeeze on California and its school districts. Not that Goldman was alone in this; but the unscrupulous practices of the bank once called the undisputed king of the municipal bond business epitomize the culture of greed that has ensnared students and future generations in unrepayable debt."

<div class="cArrow"> </div><div class="cContentInner">" Remember when Goldman Sachs - dubbed by Matt Taibbi the Vampire Squid - sold derivatives to Greece so the government could conceal its debt, then bet against that debt, driving it up? It seems that the ubiquitous investment bank has also put the squeeze on California and its school districts. Not that Goldman was alone in this; but the unscrupulous practices of the bank once called the undisputed king of the municipal bond business epitomize the culture of greed that has ensnared students and future generations in unrepayable debt."</div>

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The storm that will unfreeze the North Pole - 0 views

www.msn.com/...ar-BBo2Bxy

environment polar-temperatures climate-change

shared by Paul Merrell on 01 Jan 16 - No Cached

The sun has not risen above the North Pole since mid-September. The sea ice — flat, landlike, windswept, and stretching as far as the eye can see—has been bathed in darkness for months.But later this week, something extraordinary will happen: Air temperatures at the Earth’s most northernly region, in the middle of winter, will rise above freezing for only the second time on record.On Wednesday, the same storm system that last week spun up deadly tornadoes in the American southeast will burst into the far north, centering over Iceland. It will bring strong winds and pressure as low as is typically seen during hurricanes.That low pressure will suck air out of the planet’s middle latitudes and send it rushing to the Arctic. And so on Wednesday, the North Pole will likely see temperatures of about 35 degrees Fahrenheit, or 2 degrees Celsius. That’s 50 degrees hotter than average: It’s usually 20 degrees Fahrenheit below zero there at this time of year.
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Watch A Sitting Congresswoman Shred The MSM Narrative In Under A Minute | Zero Hedge - 0 views

www.zerohedge.com/...red-msm-narrative-under-minute

war & peace U.S.-foreign-policy North-Korea nukes Tulsi

shared by Paul Merrell on 21 Jan 18 - No Cached

Hawaii Democratic Rep. Tulsi Gabbard appeared on multiple Sunday news shows a day after her state's false ICBM emergency alert sent the islands into a tense 40 minutes of panic before it was revealed to be a message sent in error, where she slammed the mainstream media's reporting on the North Korean nuclear threat, saying, "We've got to understand that North Korea is holding onto these nuclear weapons because they think it is their only protection from the United States coming in and doing to them what the United States has done to so many countries throughout history."  She further called for Trump to hold direct talks with Kim Jong Un in order to prevent the real thing from ever happening. 
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The Hawaii lawmaker, who has garnered a lot of attention over her non-interventionist stance on Syria while angering establishment pundits for doing things like visiting Damascus last yearon a fact-finding mission, left ABC's George Stephanopoulos visibly flustered during an interview on Sunday's "This Week". She said: We know that North Korea has these nuclear weapons because they see how the United States in Libya for example guaranteed Gadaffi - 'we're not going to go after you, you should get rid of your nuclear weapons.' He did, then we went and led an attack that toppled Gaddafi, launching Libya into chaos that we are still seeing the results of today. North Korea sees what we did in Iraq with Saddam Hussein, with those false reports of weapons of mass destruction. And now seeing in Iran how President Trump is decertifying a nuclear deal that prevented Iran from developing their nuclear weapons, threatening the very existence and the agreement that was made.  At this point an incredulous Stephanopoulos stopped the Congresswoman and asked, "Was it a mistake for the United States to take out Gaddafi and Hussein?" Gabbard responded firmly with, "It was, absolutely."  Apparently this was enough to end the interview as a presumably shocked Stephanopoulos had no response at that point.
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USS Pueblo: LBJ Considered Nuclear Weapons, Naval Blockade, Ground Attacks in Response ... - 0 views

www2.gwu.edu/...NSAEBB453

surveillance state NSA Pueblo-incident

shared by Paul Merrell on 24 Jan 14 - No Cached

Washington, DC, January 23, 2014 – Forty-six years ago today - well before Edward Snowden was born - the National Security Agency suffered what may still rank as the most significant compromise ever of its code secrets when the American spy ship USS Pueblo was captured by communist forces off the coast of North Korea on January 23, 1968. The U.S. Navy signals intelligence ship was on a mission to intercept radio and electronic transmissions, and apparently sailing in international waters, when North Korean naval units opened fire, then boarded the vessel and took its crew hostage for almost a year, sparking a major international crisis. Beyond the dramatic political ramifications of the seizure and hostage-taking for the Lyndon Johnson administration and U.S. world standing, the incident resulted in the capture of a dozen top secret encryption devices, maintenance manuals, and other code materials. Because it involved actual encryption equipment rather than just papers and briefing materials, the Pueblo affair may have produced a much greater loss than the recent disclosures of former NSA contract employee Edward Snowden.
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Recently declassified documents posted today by the National Security Archive describe tense U.S. internal reactions to the Pueblo seizure, and include previously withheld high-level political and military deliberations over how to respond to the episode in an atmosphere fraught with the dangers of a superpower conflict. Military contingency plans, which President Lyndon Johnson eventually rejected, included a naval blockade, major air strikes and even use of nuclear weapons against North Korea.
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A Distorted Lens Justifying An Illegitimate Ukrainian Government - 0 views

www.mintpressnews.com/...186661

war & peace Ukraine coup snipers

shared by Paul Merrell on 19 Mar 14 - No Cached

Support it or oppose it, a coup d’état took place in Kiev after an EU-brokered agreement was signed by the Ukrainian government and the mainstream opposition on Feb. 21. The agreement called for power sharing between both sides through the formation of a national unity government and for an end to the opposition-led street protests in Kiev. President Viktor Yanukovych ordered the Ukrainian police and security forces to withdraw from their positions, and even earlier, he had made multiple concessions to the opposition leadership. Instead of keeping its end of the bargain, the Ukrainian mainstream opposition executed a coup through the use of violence by organized ultra-nationalist gangs, which some analysts have compared to stay-behinds or secretive militias that were created by NATO during the Cold War. These armed ultra-nationalist groups took over administrative bodies in Ukraine and fought until they managed to oust the Ukrainian government and opened the path for opposition leaders to take power on Feb. 25. The Ukrainian mainstream opposition used the EU-brokered agreement, which the Brussels-based European Commission deliberately refused to enforce, as a means of justifying the formation of a coup-imposed government.
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In the absence of almost half the Ukrainian Verkhovna Rada, or Ukrainian Parliament, the opposition parties began to arbitrarily pass unconstitutional laws. They also unconstitutionally selected Oleksandr/Aleksandr Valentynovych Turchynov as the acting president of Ukraine before President Viktor Yanukovych was even impeached. Intimidation and violence were additionally used to secure the cooperation of any disagreeing parliamentarians or state officials in Kiev. Saying that the ultra-nationalists and fascists are marginal elements, the mainstream media networks in North America and the European Union have simply dismissed the armed ultra-nationalist groups involved in the coup that are presently integrated into the putsch regime running Kiev. The militant ultra-nationalists, however, are very influential and amassing power under the illegal premiership of Arseniy Yatsenyuk.  Yatsenyuk, himself, is from Yulia Tymoshenko’s notoriously corrupt All-Ukrainian Union Fatherland Party (Batkivshchyna) and essentially a U.S. and EU appointee. There is even a pre-coup leaked telephone interception, likely either recorded by the intelligence services of Russia or Ukraine, in which U.S. Assistant Secretary of State Victory Nuland says that Yatsenyuk will be appointed as the prime minister of the Ukrainian government that the U.S. is putting together.
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It is unlikely that Yatsenyuk and the loosely-knit alliance of the governing parties that ran Ukraine under the Yushchenko-Tymoshenko governments, foreign-based Ukrainians, and the forces behind the Orange Revolution that form the Orangist camp which he belongs to could have gotten back into power in Ukraine without pressure, the use of force and foreign backing. Yatsenyuk was even threatened and booed by the Ukrainians gathered at Independence Square when it was announced that he would be appointed as the prime minister of the post-coup government. A vast segment of the protesters made it clear that Tymoshenko, Yatsenyuk’s party leader, was no alternative to the ousted President Viktor Yanukovych in their eyes, either, when it was announced that she wanted to run for prime minister. The Orangists do not have the support of a majority of the population, nor did they form the parliamentary majority in the Verkhovna Rada. Their Orangist president, Viktor Yushchenko, only got 5 percent of the vote in January 2010, in a show of no-confidence, whereas Viktor Yanukovych won the first and second rounds of the presidential elections in 2010. According to Victoria Nuland, the U.S. has also poured $5 billion into “democracy promotion” inside Ukraine. This is U.S. State Department doublespeak for politicized funding that Washington has sent to Ukraine to organize the Orange Revolution and its Euromaidan sequel or what can frankly be described as regime change.
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To rule Ukraine once more, the Orangists and their foreign backers have used and manipulated the ultra-nationalist elements of the population — some of which are openly anti-European Union — as their foot soldiers in an application of force against their democratically-elected opponents. Despite their views, the ultra-nationalists are actually more honest than the Orangist liberal figures like Arseniy Yatsenyuk. Unlike the misleading and utterly corrupt Orangist leaders, the ultra-nationalists do not hide their agendas and platforms.
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The ultra-nationalists have inconsolably anti-Russian attitudes. Many of them also dislike a vast spectrum of other groups, including Jews, Armenians, Roma, Poles, Tatars, supporters of the Party of Regions and communists. In this context, it should come as no surprise that one of the first decisions that the post-coup regime in Kiev made was to remove the legal status of the Russian language as the regional language of half of Ukraine. Right Sector is, itself, a coalition of militant ultra-nationalists. These militants were instrumental in fighting government forces and taking over both government buildings in Kiev and regional governments in the western portion of Ukraine. Despite the protests of First Deputy Defense Minister Oleynik, Deputy Defense Minister Mozharovskiy and Defense Minister Babenk, Arseniy Yatsenyuk’s post-coup government has even given the ultra-nationalist opposition militias official status within the Ukrainian military and security forces. Yatsenyuk and the Orangists also dismissed all the officials that protested that the move would fracture the country and make the political divide in Ukraine irreversible.
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Several members of Svoboda have been given key cabinet and government posts. One of the two junior deputy prime ministers, or assistant deputy prime ministers, is Oleksandr Sych. The ministry of agriculture and food has been given for management to Ihor Shvaika. The environment and natural resources ministry has been assigned to Andry/Andriy Mokhnyk. The defense minister is Ihor Tenyukh, a former admiral in the Ukrainian Navy who obstructed Russian naval movements in Sevastopol during the Russo-Georgian War over South Ossetia and who was later dismissed by the Ukrainian government for insubordination. Oleh Makhnitsky, another member of Svoboda, has been assigned as the new prosecutor-general of Ukraine by the coup government. Andry Parubiy, one of the founders of Svoboda, is now the post-coup secretary of the National Security and Defense Council of Ukraine (RNBO). He was the man controlling the so-called “Euromaidan security forces” that fought government forces in Kiev. His job as secretary is to represent the president and act on his behalf in coordinating and implementing the RNBO’s decisions. As a figure, Parubiy clearly illustrates how the mainstream opposition in Ukraine is integrated with the ultra-nationalists. Parubiy is an Orangist and was a leader in the Orange Revolution. He has changed parties several times. After founding Svoboda, he joined Viktor Yushchenko’s Our Ukraine before joining Yulia Tymoshenko’s Fatherland Party and being elected as one of the Fatherland Party’s deputies, or members of parliament.
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While the mainstream media in North America and the EU look the other way about the ultra-nationalists in the coup government in Kiev, the facts speak for themselves. Both the EU and the U.S. governments have rubbed their elbows with the ultra-nationalists. Oleh Tyahnybok, the leader of Svoboda (formerly the Social Nationalist Party of Ukraine), was even part of the opposition triumvirate that all the U.S. and EU officials visiting Kiev met with while performing their political pilgrimages to Ukraine to encourage the protesters to continue with their demonstrations and riots demanding Euro-Atlantic integration. Svoboda has popularly been described as a neo-Nazi grouping. The World Jewish Congress has demanded that Svoboda be banned. The ultra-nationalist party was even condemned by the EU’s own European Parliament, which passed a motion on Dec. 13, 2012 categorically condemning Svoboda.
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The ultra-nationalists are such an integral part of the mainstream opposition that the U.S.-supported Orangist president of Ukraine, Viktor Yushchenko, posthumously awarded the infamous Nazi collaborator Stepan Bandera the title and decoration of the “Hero of Ukraine” in 2010. Foreign audiences, however, would not know that if they relied on reportage from the likes of the U.S. state-run Radio Free Europe, which tried to protect Yushchenko because he wanted to reorient Ukraine toward the U.S. and EU. Parubiy also lobbied the European Parliament not to oppose Yushchenko’s decision. Other smaller ultra-nationalists parties were also given government posts, and several of the independent cabinet members are also aligned to these parties. Dmytro Yarosh from Right Sector (Pravyi Sektor) is the deputy secretary of the RNBO, and the Trizub Party was given the education ministry. Trizub had Sergey Kvit appointed to the post of education minister.
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The role of the ultra-nationalists in executing the coup has been essentially ignored by the mainstream media in North America and the EU. The roots of the bloodshed in Kiev have been ignored, too. The shootings of protesters by snipers have simply been presented as the vile actions of the Ukrainian government, never taking into consideration the agitation of the armed ultra-nationalist gangs and the mainstream opposition leaders for a conflict. According to a leaked telephone conversation on Feb. 26 between Estonian Foreign Minister Urmas Paet and European Union Commissionaire Catherine Ashton, which was leaked by the Security Service of Ukraine (SBU) , the snipers who shot at protesters and police in Kiev were allegedly hired by Ukrainian opposition leaders. Estonian Foreign Minister Paet made the statements on the basis of details he was given by one of the head doctors of the medical team of the anti-government protests, Olga Bogomolets, an opponent of Viktor Yanukovych’s government who wanted it removed from power. Paet tells Ashton the following first: “There is now stronger and stronger understanding that behind the snipers, it was not Yanukovych, but it was somebody from the new coalition.” This is also corroborated by the fact that Yanukovych actually had ordered the Ukrainian riot police and security forces not to use lethal force.
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The Estonian official then mentions that it was verified to him that the same snipers were killing people on both sides. He tells Ashton the following: “And second, what was quite disturbing, this same Olga [Bogomolets] told as well that all the evidence shows that the people who were killed by snipers from both sides, among policemen and then people from the streets, that they were the same snipers killing people from both sides.” Another important point that Paet makes to Ashton is the following: “[Dr. Olga Bogomolets] then also showed me some photos she said that as a medical doctor she can say that it is the same handwriting, the same type of bullets, and it’s really disturbing that now the new coalition, that they don’t want to investigate what exactly happened.” Past reports that the mainstream media were hostile to the ousted Ukrainian government also raise serious questions that corroborate what has been said about the snipers intentionally killing protesters to instigate regime change.
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The Telegraph reported on Feb. 20 that “[a]t least three of the bodies displayed single bullet wounds to the heads,” and “were shot in the head, the neck or the heart. None were shot anywhere else like in the legs.” This means that the snipers were making kill shots by design, which seems like the last thing that the Ukrainian government would want to do when it was trying to appease the protesters and bring calm to Kiev. The Ukrainian journalist Alexey Yaroshevsky’s account of the sniper shootings is also worth noting, and it is backed up by footage taken by his Russian crew in Kiev.  Their footage shows armed opposition members running away from the scene of the shooting of anti-government protesters. What comes across as unusual is that the armed members of the opposition were constantly agitating to start firefights at every opportunity that they could get.
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The commandant of the SSU, Major-General Oleksandr Yakimenko, has testified that his counter-intelligence forces were monitoring the CIA in Ukraine during the protests. According to the SSU, the CIA was active on the ground in Kiev and collaborating with a small circle of opposition figures. Yakimenko has also said that it was not the police or government forces that fired on the protesters, but snipers from the Philharmonic Building that was controlled by the opposition leader Andriy Parubiy, which he asserts was interacting with the CIA. Speaking to the Russian media, Yakimenko said that 20 men wearing “special combat clothes” and carrying “sniper rifle cases, as well as AKMs with scopes” ran out of the opposition-controlled Philharmonic Building and split into two groups of 10 people, with one taking position at the Ukraine Hotel. The anti-government protesters even saw this and asked Ukrainian police to pursue them, and even figures from Right Sector and Svoboda asked Yakimenko’s SSU to investigate and apprehend them, but Parubiy prevented it. Major-General Yakimenko has categorically stated that opposition leaders were behind the shootings. Following the release of the conversation between Paet and Ashton, the Estonian Foreign Ministry confirmed that the leak was authentic, whereas the European Commission kept silent. The mainstream media in North America and the EU either ignored it or said very little. The Telegraph even claimed that Dr. Bogomolets told it that she had not treated any government forces even though she contradicts this directly in an interview with CNN where says she treated military personnel.
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CNN, on the other hand, quickly glossed over the story, giving it only enough attention to create the impression that the network is fairly covering the news. Opting not to give the story the airtime that it deserved, CNN instead posted it on its webpage. The conversation is immediately discredited, undermined and dismissed in the first sentence of the article, which is attributed to Foreign Minister Paet: “Don’t read too much into the conversation.” The article was deliberately structured by CNN to undermine the important information that would challenge the narrative that the U.S. mainstream media have been painting. The title, sub-titles and opening sentences of most texts act as microcosms or summaries of the articles, and in many cases, readers evaluate or decide to read the articles on the basis of what these texts communicate. Moreover, the first sentence of the article sets the tempo for readers and and influences their opinion, too. Although anyone who listens to the conversation between Paet and Ashton and considers the evidence that is being discussed would realize just how important the news was, the message being set forth by CNN was a dismissive one.
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Intelligence Warnings On Benghazi Were Loud And Clear - Investors.com - 0 views

news.investors.com/...agged-dangers-at-benghazi.aspx

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shared by Gary Edwards on 13 Nov 13 - No Cached

Gary Edwards on 13 Nov 13

excerpt: "Months before the murder of a U.S. ambassador in Benghazi, American intelligence analysts documented a massive al-Qaida rally a few miles from the ambassador's residence. At that rally, terror leaders called for the murder of American diplomats. Three U.S. intelligence reports, unearthed by the American Media Institute and detailed here for the first time, offer vivid descriptions of the al-Qaida meeting. Flying the black flag of al-Qaida, some 300 armed men gathered in Benghazi's Al-Tahrir Square on June 7 and 8, 2012. They brandished machine guns, rocket launchers and a truck mounted with an anti-aircraft cannon. The two-day meeting, which included outdoor prayers and a parade of armed vehicles, was attended by a baker's dozen of North African al-Qaida affiliates. "It was like a team pep rally before the game, only for jihad," said a U.S. intelligence analyst who monitors North Africa. "Organized and deadly. You saw what followed. People died." In the face of these three reports, the State Department continued to deny requests for additional security for the U.S. ambassador in Libya. At the same time, the State Department issued a travel advisory warning Americans against going to Libya in August 2012. Obama administration officials have long denied any warning before the Sept. 11, 2012, Benghazi attacks. On the campaign trail, the president insisted that al-Qaida was "decimated" and "on the run," while intelligence reports prepared for the president's advisers told a different story - that al-Qaida's menace was growing in Libya and elsewhere. Al-Qaida itself publicly displayed its strength. Al-Qaida posted pictures of the June 2012 Benghazi meeting on its Arabic-language Facebook page and invited the Arabic-language media to cover the event, which many did. The three U.S. intelligence reports documenting the al-Qaida gathering in Benghazi were circulated in August 2012 and earlier among Defense and State Department officials, as well as Americ

<div class="cArrow"> </div><div class="cContentInner"> excerpt: "Months before the murder of a U.S. ambassador in Benghazi, American intelligence analysts documented a massive al-Qaida rally a few miles from the ambassador's residence. At that rally, terror leaders called for the murder of American diplomats. Three U.S. intelligence reports, unearthed by the American Media Institute and detailed here for the first time, offer vivid descriptions of the al-Qaida meeting. Flying the black flag of al-Qaida, some 300 armed men gathered in Benghazi's Al-Tahrir Square on June 7 and 8, 2012. They brandished machine guns, rocket launchers and a truck mounted with an anti-aircraft cannon. The two-day meeting, which included outdoor prayers and a parade of armed vehicles, was attended by a baker's dozen of North African al-Qaida affiliates. "It was like a team pep rally before the game, only for jihad," said a U.S. intelligence analyst who monitors North Africa. "Organized and deadly. You saw what followed. People died." In the face of these three reports, the State Department continued to deny requests for additional security for the U.S. ambassador in Libya. At the same time, the State Department issued a travel advisory warning Americans against going to Libya in August 2012. Obama administration officials have long denied any warning before the Sept. 11, 2012, Benghazi attacks. On the campaign trail, the president insisted that al-Qaida was "decimated" and "on the run," while intelligence reports prepared for the president's advisers told a different story - that al-Qaida's menace was growing in Libya and elsewhere. Al-Qaida itself publicly displayed its strength. Al-Qaida posted pictures of the June 2012 Benghazi meeting on its Arabic-language Facebook page and invited the Arabic-language media to cover the event, which many did. The three U.S. intelligence reports documenting the al-Qaida gathering in Benghazi were circulated in August 2012 and earlier among Defense and State Department officials, as well as Americ</div>

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