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Gary Edwards

RSA Animate - Crises of Capitalism - YouTube - 0 views

www.youtube.com/watch

financial-collapse cartoon-whiteboard crony-corporatism crony-banksterism Banksters

shared by Gary Edwards on 31 Jan 12 - No Cached
  • Gary Edwards on 31 Jan 12
     
    Excellent white board illustrated discussion on capitalism and the financial crisis.   I have a question though?  How do you discuss capitalism without also discussing borrowing, interest rates and dividends?  Seriously.  No mention of interest rates?  No mention of the relationship between GOLD, commodities and fiat money?   Yes, the Banksters collapsed the world economy with the willing consent of corrupt crony politicians.   The corruption and practice of crony corporatism is NOT Capitalism!  It's fascism.   Nor are the bailouts of the Banksters and big unions capitalism!  In capitalism there is no such thing as a government bailout or two big too fail.  Capitalism would have put the Banksters into the dirt without blinking. There is an interesting transection where the cartoonist suggest that global corporatism demanded capital from creative financiers.  And that caused the the problem.  Seems the Banksters got too too creative. I disagree with this perspective, and am left wondering how the connection between global commerce and creative "casino" financial instruments are natural consequences of each other?  It's a commonly held belief that global explosion was due to the a Reagan - Thatcher conservative revolution where one of the key corporate organizing principles was that of the "franchise" backed by IPO style public stock offerings.  Clowns like Warren Buffett gobbled up tons of Coca Cola and McDonalds stock, waiting for global trade barriers to fall in the wake of Reagan - Thatcher liberty.  When the Soviet Union collapsed, the "walls" truly did come down.  And USA corporations were uniquely positioned and structured to roll out globally. That doesn't have anything to do with the kind of creative casino gambling that brought the world to it's knees.  What do exotic financial derivatives have to do with funding corporations?  Yes, they were used to hedge financial positions as sovereign governments were maddeningly borrowing and s
Gary Edwards

Is This the End of Capitalism? Hardly, but it's a great excuse for the antiglobalizatio... - 0 views

online.wsj.com/...SB123862779016180329.html

financial-crisis obama-socialism reagan-capitalism G20 Banksters

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

Giving Capitalism Its Due: Carl Schramm Says Capitalism Allows Entrepreneurship to Thri... - 0 views

online.wsj.com/...SB123879888700588243.html

financial-crisis obam-socialism reagan-capitalism Banksters

shared by Gary Edwards on 05 Apr 09 - Cached
  • Gary Edwards on 05 Apr 09
     
    Giving Capitalism Its Due :: The head of the Kauffman Foundation on the importance of entrepreneurship. "Then there is the question of the public perception of entrepreneurship. In the most recent survey that the foundation sponsored, pollsters found that 63% of respondents "prefer giving individuals the incentives they need to start their own businesses as opposed to allowing the government to create new jobs directly." Conducted last month, the survey also showed that instead of the government's stimulus package, two-thirds of respondents would prefer "reducing legal barriers and red tape for new business development" as a way to jump-start the economy. Finally, 89% of respondents said that "capitalism is still the best economic system for our country." Despite this popular attitude, Mr. Schramm worries that there is a tendency on the part of some citizens to want the government to prevent market chaos. Prior to the financial meltdown this fall, "I think we were in full tide of entrepreneurial capitalism and now there's an introspection, where the vocabulary is all about regulation and the importance of the government to restart the economy," he says. While Mr. Schramm believes that the government has a role to play, he argues that "historically through the last seven recessions it's been entrepreneurs who essentially restarted the economy."
Gary Edwards

Jenkins: Obama vs. the 1980s - WSJ.com - 0 views

online.wsj.com/...3454504576490083559745242.html

Obammunism Banksters financial-collapse reagan-capitalism

shared by Gary Edwards on 06 Aug 11 - No Cached
  • "World Tax Reform: A Progress Report," his 1988 volume showed how country after country was following the U.S. in adopting Reagan-style rate-flattening and tax simplification.
  • Mr. Obama now craves a federal infrastructure bank, apparently still unable to see how growth might emerge except by bureaucrats bossing around tax dollars.
  • Simpson-Bowles Commission—proposed a Reagan-style tax reform
  • Gary Edwards on 06 Aug 11
     
    excerpt:  Instead of a "stimulus" to create jobs by financing useful investments that would have paid a growth dividend in the future, we got a debt-fueled permanent expansion of entitlements and the size of government. In health care, instead of reforms to encourage competent consumers not to treat health care as a free lunch, we got a doubling down on health-care free lunchism. In banking, instead of new incentives to cause creditors to pull in the reins on risk-taking banks, we got a formalization of too big to fail. All economic crises begin differently-this one began in housing-but eventually they morph into the same old crisis of forgetting what works. Think about the last big crisis of faith in American capitalism in the early 1980s. The panic was eventually crystallized in dueling Harvard Business Review articles by George Gilder and Charles Ferguson. Mr. Ferguson, an MIT-based consultant, argued the U.S was dooming itself to vassalage unless Washington brushed aside small, poorly-funded entrepreneurs and concentrated regulatory favors and subsidies on giant firms like IBM, AT&T, Digital Equipment and Kodak. Mr. Gilder championed the then-emerging Silicon Valley paradigm. He quoted technologist Carver Mead: "We depend on the innovations of the citizens of a free economy to keep ahead of the bureaucrats and the people who make a living on control and planning. In the long term, it's the element of surprise that gives us the edge over more controlled economies." Who won hardly needs to be belabored except that it apparently does need to be belabored. Almost everything Mr. Obama understands as pro-growth consists of bets on "bureaucrats and the people who make a living on control and planning."
Gary Edwards

CARPE DIEM: Anti-Keynesian Supply Side Tax and Spending Cuts in Sweden, and the Finance... - 0 views

mjperry.blogspot.com/...esian-supply-side-tax-and.html

Sweden Reagan-supply-side-economics Reaganomics

shared by Gary Edwards on 09 May 12 - No Cached
  • Gary Edwards on 09 May 12
     
    Sweden's Finance Minister Anders Borg is proving that Krugman and all those Keynesian big time stimulous spenders are wrong.  Reagan supply-side economics works every time it's tried.  And Sweden is proving it every day.  Instead of borrowing to stimulate, Borg flattened and cut taxes while gutting unsustainable government welfare spending.  Put the productive resources in the hands of those who are productive, and magic happens.  Capitalism has a home in Sweden, of all places. excerpt: "When Europe's finance ministers meet for a group photo, it's easy to spot the rebel - Anders Borg (pictured above) has a ponytail and earring. What actually marks him out, though, is how he responded to the crash. While most countries in Europe borrowed massively, Borg did not. Since becoming Sweden's finance minister, his mission has been to pare back government. His 'stimulus' was a permanent tax cut. To critics, this was fiscal lunacy. Borg, on the other hand, thought lunacy meant repeating the economics of the 1970s and expecting a different result. Three years on, it's pretty clear who was right. "Look at Spain, Portugal or the UK, whose governments were arguing for large temporary stimulus," he says. "Well, we can see that very little of the stimulus went to the economy. But they are stuck with the debt." Tax-cutting Sweden, by contrast, had the fastest growth in Europe last year, when it also celebrated the abolition of its deficit. The recovery started just in time for the 2010 Swedish election, in which the Conservatives were re-elected for the first time in history.
Gary Edwards

American Thinker: Sarah Palin's Declaration of Independence - 0 views

www.americanthinker.com/..._palins_declaration_of_in.html

socialism liberty conservative-manifesto obama-socialism marxism sarah-palin

shared by Gary Edwards on 13 Jul 09 - Cached
  • Gary Edwards on 13 Jul 09
     
    A declaration of War on the status quo ..... Excellent point-by-point summary of what has to be done to restore American liberty and prosperity, and the important role Sarah Palin can play. This article presents a conservative manifesto describing wha thas to be done to save America. The points are absolutely excellent. Excerpt: Mrs. Palin, you are now free of the Republican Party. The Party needs you more than you need it. To say that the Republican Party, on its own, has a charismatic void is a vast understatement. You are now free to wage all out war on the status quo. More importantly you are free to fashion a Reagan-esque Conservative alliance on your terms. At the risk of being presumptuous, I would suggest the following lines of attack for your war against the Democrats and the Obama/ Pelosi / Frank/ Dodd Economy. Free market capitalism must be emphasized as our only true hope for recovery -- not the crony capitalism of the Democrats..... Points include Energy Policy, Term Limit Congress, Repeal of government over-regulation, Taxes, the Judiciary, Border Protection, Abortion, Foreign Policy, and Dick "the Churchillian" Cheney
Gary Edwards

Rand Paul's Tea Party Response: Full Text - 0 views

www.newsmax.com/...490118

Rand-Paul Libertarian USA-Constitution

shared by Gary Edwards on 13 Feb 13 - No Cached
  • With my five-year budget, millions of jobs would be created by cutting the corporate income tax in half, by creating a flat personal income tax of 17%, and by cutting the regulations that are strangling American businesses.
  • America has much greatness left in her. We will begin to thrive again when we begin to believe in ourselves again, when we regain our respect for our founding documents, when we balance our budget, when we understand that capitalism and free markets and free individuals are what creates our nation’s prosperity.
  • Gary Edwards on 13 Feb 13
     
    Outstanding statement about what made America great, an dhow are government is destroying that greatness.  This is the full Text of Sen. Rand Paul's Tea Party Response to Obama's State of the Union Address: I speak to you tonight from Washington, D.C. The state of our economy is tenuous but our people remain the greatest example of freedom and prosperity the world has ever known. People say America is exceptional. I agree, but it's not the complexion of our skin or the twists in our DNA that make us unique. America is exceptional because we were founded upon the notion that everyone should be free to pursue life, liberty, and happiness. For the first time in history, men and women were guaranteed a chance to succeed based NOT on who your parents were but on your own initiative and desire to work. We are in danger, though, of forgetting what made us great. The President seems to think the country can continue to borrow $50,000 per second. The President believes that we should just squeeze more money out of those who are working. The path we are on is not sustainable, but few in Congress or in this Administration seem to recognize that their actions are endangering the prosperity of this great nation. Ronald Reagan said, government is not the answer to the problem, government is the problem. Tonight, the President told the nation he disagrees. President Obama believes government is the solution: More government, more taxes, more debt. What the President fails to grasp is that the American system that rewards hard work is what made America so prosperous. What America needs is not Robin Hood but Adam Smith. In the year we won our independence, Adam Smith described what creates the Wealth of Nations. He described a limited government that largely did not interfere with individuals and their pursuit of happiness. All that we are, all that we wish to be is now threatened by the notion that you can have something for nothing, that you can have your cake and ea
Gary Edwards

Tomgram: Nomi Prins, Goldmanizing Donald Trump | TomDispatch - 0 views

www.tomdispatch.com/...s%2C_goldmanizing_donald_trump

Goldman-Sachs Banksters

shared by Gary Edwards on 05 Feb 17 - No Cached
  • Gary Edwards on 05 Feb 17
     
    "The Goldman Sachs Effect How a Bank Conquered Washington By Nomi Prins This is a MUST READ document. Yeah, and it should scare the crap out of all of us. .............................................. Irony isn't a concept with which President Donald J. Trump is familiar. In his Inaugural Address, having nominated the wealthiest cabinet in American history, he proclaimed, "For too long, a small group in our nation's capital has reaped the rewards of government while the people have borne the cost. Washington flourished -- but the people did not share in its wealth."  Under Trump, an even smaller group will flourish -- in particular, a cadre of former Goldman Sachs executives. To put the matter bluntly, two of them (along with the Federal Reserve) are likely to control our economy and financial system in the years to come. Infusing Washington with Goldman alums isn't exactly an original idea. Three of the last four presidents, including The Donald, have handed the wheel of the U.S. economy to ex-Goldmanites. But in true Trumpian style, after attacking Hillary Clinton for her Goldman ties, he wasn't satisfied to do just that.  He had to do it bigger and better.  Unlike Bill Clinton and George W. Bush, just a sole Goldman figure lording it over economic policy wasn't enough for him. Only two would do. The Great Vampire Squid Revisited Whether you voted for or against Donald Trump, whether you're gearing up for the revolution or waiting for his next tweet to drop, rest assured that, in the years to come, the ideology that matters most won't be that of the "forgotten" Americans of his Inaugural Address. It will be that of Goldman Sachs and it will dominate the domestic economy and, by extension, the global one. At the dawn of the twentieth century, when President Teddy Roosevelt governed the country on a platform of trust busting aimed at reducing corporate power, even he could not bring himself to bust up the banks.  That was a mistake
Gary Edwards

Arthur B. Laffer: Class Warfare and the Buffett Rule - WSJ.com - 0 views

online.wsj.com/...3462304577138961587258988.html

Warren-Margarttaville-Buffett Arthur-Laffer Class-Warfare Tax-the-Rich Obammunism

shared by Gary Edwards on 12 Jan 12 - No Cached
  • Gary Edwards on 12 Jan 12
     
    Reagan economist Arthur Laffer eviscerates the phony socialist investor Warren Buffett.  Totally!!!!  Beautifully done too.  The phony Buffett is fully exposed, and numbers are staggering.  You gotta love this! excerpt: The "Buffett Rule" would not tax the vast majority of his shielded income, including either his unrealized capital gains, which are currently taxed at zero percent, or charitable contributions, which are tax deductible. If the "Buffett Rule" were applied as President Obama proposes, then Mr. Buffett's federal tax bill would have been $14.4 million, rather than the $6.9 million he actually paid. As a fraction of his true income, his effective tax rate would only have risen from 6/100ths of 1% to 12/100ths of 1%. Mr. Buffett's donation to the Gates Foundation goes to the heart of my critique of his public call for higher tax rates on the rich. Just look at the second contractual condition for his ongoing pledge to the Gates Foundation: "The foundation must continue to satisfy the legal requirements qualifying Warren's gift as charitable, exempt from gift or other taxes." In other words, if his gift weren't tax sheltered he wouldn't give it. So much for "shared sacrifice." Incidentally, I'm not the first to question Mr. Buffett's commitment to "shared sacrifice" in balancing the federal budget. In a 2007 CNBC interview, when asked why he shelters his money through tax-free strategies rather than writing big checks to Uncle Sam, Mr. Buffett responded: "I think that on balance the Gates Foundation, my daughter's foundation, my two sons' foundations will do a better job with lower administrative costs and better selection of beneficiaries than the government." So Mr. Buffett thinks he and his family can put their money to better use than the government can. I guess he's really not so different from the rest of us after all.
Gary Edwards

Of course he's a socialist! : American Thinker - 0 views

www.americanthinker.com/...of_course_hes_a_socialist.html

obama-socialism

shared by Gary Edwards on 13 Mar 09 - Cached
  • Gary Edwards on 13 Mar 09
     
    Of course he's a socialist. The real question is, how does he feel about America? His favorite Sunday preacher for the last twenty years is simply obsessed with a frothing hatred for this country. His good buddies Bill and Bernardine have been expressing their rage loud and proud since the Sixties. As president, O is trying to put Chas Freeman in charge of the National Intelligence Estimates, a man who is neither competent, nor temperamentally suited, nor emotionally able to restrain his animosity against American Jews who love Israel just as they love America (... because, for one thing, they love democracy, and can recognize fascists even in drag.)  Newsweek tells us we're all socialists now. That's an obvious lie, because the Newsweek socialists like Evan Thomas suffer from regular nightmares that American conservatives will find another Ronald Reagan. But that raised the question of socialism. Obama danced away from it, of course, when a NYT reporter actually asked him. Whoooo me? Socialism is internationalist, and that means a genuine dual loyalty for a president of the United States. Marxists are convinced there is an inevitable contradiction between love of country and love of humanity. That's why it's called the Socialist International, and why the anthem is the Internationale. They haven't made a secret of it. Internationalist fervor controls their actions, including very successful efforts to whip up black feelings against whites, women against men, and everybody against capitalism, no matter how many billions of people it has raised out of poverty. The whole point about the global warming scam is to empower the internationalist Ruling Class.
Gary Edwards

Arnold Ahlert: The Real American Divide - The Patriot Post - 0 views

patriotpost.us/44059

Angelo-Codevilla Ruling-Class Country-Class Patriotism

shared by Gary Edwards on 04 Aug 16 - No Cached
  • Nancy Pelosi and Hillary Clinton provided great examples of the Ruling Class' arrogant mindset. Pelosi believes, as she stated last week, that white, non-college-educated men who vote Republican have “voted against their own economic interests because of guns, because of gays, and because of God — the three G’s, God being the woman’s right to choose.” Clinton was worse. Regarding abortion on demand, she insisted last year that “deep-seated cultural codes, religious beliefs and structural biases have to be changed.” In other words, one embraces the progressive elitist viewpoint, or one is a religiously inspired bigot with a passé worldview that must be demolished. Thus it is no surprise these elitists conflate anything that dissents from their globalist agenda as a “world of wall-builders,” who have “already done great damage,” states The Economist. That damage includes the Brexit, the rise of nationalist (read: right-wing) parties, and “more electoral victories for closed-world types who pose the greatest threat since Communism.” In other words, elitists disdain national sovereignty and democratically determined destiny, logical responses to skyrocketing levels of elitist-enabled terrorism and uncontrolled immigration, and deeply felt concerns by non-elitists about a global economy that has devastated millions left behind in its wake.
  • The Ruling Class “solutions” for Country Class problems? “Let goods and investment flow freely, but strengthen the social safety-net to offer support and new opportunities for those whose jobs are destroyed,” The Economist states. “To manage immigration flows better, invest in public infrastructure, ensure that immigrants work and allow for rules that limit surges of people.” Codevilla explains what this really means, noting that “our Ruling Class' first priority in any and all matters, its solution to any and all problems, is to increase the power of the government — meaning those who run it, meaning themselves.” To achieve that end, new laws are longer than ever, “because length is needed to specify how people will be treated unequally.” Thus, these laws become “primarily grants of discretion,” because “all anybody has to know about them is whom they empower.” Codevilla adds, “This defines ‘crony capitalism.’”
  • If that sounds familiar, maybe it’s because WikiLeak emails reveal the DNC granted itself the sole discretion to empower Hillary Clinton’s presidential nomination, right from the beginning. Thus, when Hillary spoke of “bringing people together” during her speech at the convention, it was really about doing so on her and her fellow insiders' terms. And when she promised to get money out of politics, it can be assumed the billions of dollars that have flowed into the Clinton Foundation — dollars that conspicuously align themselves with a number of dubious initiatives — will remain exempt, even as another sham investigation of Clinton behavior conducted by an equally corrupted IRS lends an imprimatur of genuine concern to the spectacle. “If Americans, or at least a majority of them, have not completely lost their own self-regard as a free people, then the November election should turn out to be a referendum on the ‘ruling class,’ and a massive repudiation of Hillary Clinton’s sense of entitlement to be the first woman elected President of the United States,” writes American Thinker’s Salim Mansur. Perhaps. But traditional thinking dies hard. And a corrupt mainstream media — epitomized by CNN anchor Wolf Blitzer and Chief Political Analyst Gloria Borger drinking wine and celebrating with Democrat delegates at the convention’s conclusion — isn’t about to jeopardize their own Ruling Class status to provide the Country Class with any potentially unifying political insight. Which brings us to Donald Trump. In exclusive communication with The Patriot Post, Codevilla maintained there were no circumstances under which he could support Hillary or any other Democrat, but his view of Trump “is more unfavorable than ever.” He does, however, grant that Trump “is the lesser of two evils.” He sees both candidates as “identical in their disregard for the U.S. Constitution and in the establishment of a post-republican regime — an empire of the will, by of and for favored sectors of the ruling class.”
  • ...3 more annotations...
  • No doubt Codevilla’s take resonates with millions of Americans appalled by a broken, Ruling Class-dominated political system that produced both candidates. Yet realistically, we are faced with a binary choice, made by either commission or omission. And while Codevilla believes “there is no vehicle for opposition” as yet to a Ruling Class “represented by the establishment of both parties,” our own Mark Alexander warns that “the outcome of the November election will not only determine our president for at least the next four years, but also the composition of the Supreme Court for at least the next quarter-century.” That quarter century could be one in which a constitutionally contemptuous Supreme Court majority appointed by Hillary Clinton makes representative government obsolete, and eliminates any chance, short of armed revolution, for the Country Class to take America back from the Ruling Class. A nation where, as Ayn Rand put it, “The government is free to do anything it pleases, while the citizens may act only by permission.” A Trump presidency may be nothing more than a distasteful, bite-the-bullet
  • impediment to Ruling Class hegemony. But it is better than no impediment at all.
  • “While most Americans pray to the God who created us in His own image, our Ruling Class prays to themselves as saviors of the planet and as shapers of mankind in their own image.” —from The Ruling Class: How They Corrupted America and What We Can Do About It by Angelo Codevilla, 2010. While many still frame the 2016 election in terms of Democrats vs. Republicans, those divisions are losing their meaning. This election could be the first one in which Americans will either choose to continue abiding a globalist Ruling Class and their government-dominant, one-world agenda, or decide that national sovereignty, the Constitution and American exceptionalism and individualism are worth preserving. To be clear, nationalism does not equal protectionism, nativism or Islamophobia, nor is it solely embraced by know-nothing rubes unworthy of serious consideration — despite the ongoing efforts of the Ruling Class to paint it that way. Codevilla calls people who oppose the Ruling Class the Country Class, and he describes it as a diverse, often inharmonious group that “shares above all the desire to be rid of rulers it regards as inept and haughty.”
  • Gary Edwards on 04 Aug 16
     
    ""While most Americans pray to the God who created us in His own image, our Ruling Class prays to themselves as saviors of the planet and as shapers of mankind in their own image." -from The Ruling Class: How They Corrupted America and What We Can Do About It by Angelo Codevilla, 2010. While many still frame the 2016 election in terms of Democrats vs. Republicans, those divisions are losing their meaning. This election could be the first one in which Americans will either choose to continue abiding a globalist Ruling Class and their government-dominant, one-world agenda, or decide that national sovereignty, the Constitution and American exceptionalism and individualism are worth preserving. To be clear, nationalism does not equal protectionism, nativism or Islamophobia, nor is it solely embraced by know-nothing rubes unworthy of serious consideration - despite the ongoing efforts of the Ruling Class to paint it that way. Codevilla calls people who oppose the Ruling Class the Country Class, and he describes it as a diverse, often inharmonious group that "shares above all the desire to be rid of rulers it regards as inept and haughty." Ruling Class haughtiness, argues Codevilla, derives from "an educational system that exposed them to the same ideas and gave them remarkably uniform guidance," and engenders "a social canon of judgments about good and evil, complete with secular sacred history, sins … and saints," all conveyed in an "in" language that serves as their "badge of identity." Irrespective of their professions, the Ruling Class is also united by the reality that "their road up included government channels and government money. … Hence, whether formally in government, out of it, or halfway in, America's Ruling Class speaks the language and has the tastes, habits, and tools of bureaucrats." Just as critically, this "fraternity" can only be joined by one who Codevilla says "shares the manners, the tastes, and the i
Paul Merrell

The Pinochet File: U.S. Declassifies Missing Documents In The Letelier-Moffitt Case - 0 views

nsarchive.gwu.edu/...r-Moffitt-Assassination-Papers

war & peace Letelier-assassination Pinochet Chile CIA

shared by Paul Merrell on 09 Oct 15 - No Cached
  • SECRET CIA REPORT: Pinochet "Personally Ordered" Washington Car-Bombing   PRESIDENT REAGAN INFORMED THAT PINOCHET's ROLE WAS "a blatant example of a chief of state's direct involvement in an act of state terrorism" National Security Archive Seeks Declassification of CIA Assessment in the Letelier-Moffitt Assassinations   National Security Archive Electronic Briefing Book No. 532
  • Letelier, a former minister in the Allende government, and his 25-year old colleague, Ronni Karpen Moffitt, were killed by a car-bomb planted by agents of the Chilean secret police on September 21, 1976, as they drove to work down Massachusetts avenue in Washington D.C. Moffitt’s husband, Michael, was the sole survivor of the bombing. “It is not clear whether we can or would want to consider indicting Pinochet,” Shultz wrote to Reagan. “Nevertheless, this is a blatant example of a chief of state's direct involvement in an act of state terrorism, one that is particularly disturbing both because it occurred in our capital and since his government is generally considered to be friendly.” The Shultz memorandum was among 282 newly declassified documents on the Letelier case that were personally provided to Chilean president Michelle Bachelet by Secretary of State John Kerry during a visit to Santiago this week. Among the over 1000 pages of documentation were transcripts of depositions from retired DINA officials and aides to Pinochet made by FBI agents working with Chilean detectives during a unique investigation undertaken in 1999/2000 by the Clinton Justice Department into General Pinochet’s personal role in ordering and covering up an act of international terrorism in Washington D.C. on September 21, 1976. The documents also included a 1987 cable drafted by the State Department's intelligence bureau summarizing a series of informants' reports from years earlier in 1978, including the assertion by the head of Chile's intelligence agency, Manuel Contreras, that "he authorized the assassination of Letelier on orders from Pinochet.” That document included intelligence that Contreras had stated that “all foreign operations had been approved by Pinochet and that [Contreras] had left sealed documents in several places in the event of his, Contreras’ death.”
Gary Edwards

Obama's assault on capitalism is killing the Dow: Moving to a European-Style Social Wel... - 0 views

online.wsj.com/...SB123629969453946717.html

michael-boskin financial-crisis obama-socialism banksters

shared by Gary Edwards on 06 Mar 09 - Cached
  • Increasing the top tax rates on earnings to 39.6% and on capital gains and dividends to 20% will reduce incentives for our most productive citizens and small businesses to work, save and invest -- with effective rates higher still because of restrictions on itemized deductions and raising the Social Security cap. As every economics student learns, high marginal rates distort economic decisions, the damage from which rises with the square of the rates (doubling the rates quadruples the harm).
  • New and expanded refundable tax credits would raise the fraction of taxpayers paying no income taxes to almost 50% from 38%. This is potentially the most pernicious feature of the president's budget, because it would cement a permanent voting majority with no stake in controlling the cost of general government.
    • Gary Edwards
      Gary Edwards on 06 Mar 09
       
      Maybe this change in the tax base will make it impossible in the future to assemble another Reagan coalition? Libertarians, patriotic repubicans, and patriotic blue collar democrats?
  • Unfortunately, our history suggests new government programs, however noble the intent, more often wind up delivering less, more slowly, at far higher cost than projected, with potentially damaging unintended consequences. The most recent case, of course, was the government's meddling in the housing market to bring home ownership to low-income families, which became a prime cause of the current economic and financial disaster.
  • Gary Edwards on 06 Mar 09
     
    President Obama is returning to Jimmy Carter's higher taxes and Mr. Clinton's draconian defense drawdown. Mr. Obama's $3.6 trillion budget blueprint, by his own admission, redefines the role of government in our economy and society. The budget more than doubles the national debt held by the public, adding more to the debt than all previous presidents -- from George Washington to George W. Bush -- combined. It reduces defense spending to a level not sustained since the dangerous days before World War II, while increasing nondefense spending (relative to GDP) to the highest level in U.S. history. And it would raise taxes to historically high levels (again, relative to GDP). And all of this before addressing the impending explosion in Social Security and Medicare costs.
Gary Edwards

How Washington can prevent 'zombie banks' : Reagan Treasury Secretary, James Baker - 0 views

www.ft.com/...97-11de-ab0f-000077b07658.html

financial-crisis socialism james-baker Nouriel-Roubini banksters

shared by Gary Edwards on 02 Mar 09 - Cached
  • Gary Edwards on 02 Mar 09
     
    Excellent review of Japan's "Lost Decade" and the current Obama socialist folly of creating similar "Zombie Banks". Baker sites the evidence of ".... a mountain of toxic assets, housing market declines, a sharp economic recession, rising unemployment and increasing taxpayer exposure through guarantees, loans, and infusion of capital - strongly suggests that some American banks face a solvency problem and not merely a liquidity one...." He recommends the Nouriel Roubini plan, a harsh course of action but one that would get the job done. "......This approach is not pretty or easy. It will cost a lot of money, with the lion's share coming from US taxpayers, at least in the short to medium term. But the alternative - a piecemeal pumping of more public money into insolvent banks in the vague hope that things will improve down the road - could truly be historic folly. Eventually our banks and economy will start to recover. When they do, we would be wise to avoid another Japanese mistake - raising taxes. To counter mounting debt created by government stimulus packages, Japan increased taxes in 1997. Consumption dropped and the country's economy collapsed. Our ad hoc approach to the banking crisis has helped financial institutions conceal losses, favoured shareholders over taxpayers, and protected senior bank managers from the consequences of their mistakes. Worst of all, it has crippled our credit system just at a time when the US and the world need to see it healthy.
Paul Merrell

Will Trump hop on an American Silk Road? | Asia Times - 0 views

www.atimes.com/...l-trump-hop-american-silk-road

globalization China U.S.-spending war & peace

shared by Paul Merrell on 27 Jan 17 - No Cached
  • ysteria reigns supreme at the dawn of the Trump era, with the President rebranded across the whole ideological spectrum as an American Mao or even an American Hitler. Let’s step away from this “American [media] carnage” to examine a few facts concerning the unofficial G2: US-China relations. A case can be made that Beijing has already landed a 1-2-3 punch, pre-empting the possibility of a US-initiated trade war.
  • It started with Jack Ma’s by now notorious visit to Trump Tower, when he developed his idea of helping small American businesses sell their products in China and across Asia through Alibaba’s network, thus creating at least “1 million jobs” (Ma’s number) in the US. Then came President Xi Jinping’s masterclass at Davos, where he positioned himself as Ronald Xi Reagan selling “inclusive” globalization to the stalwarts of international turbo-capitalism. Finally Ma again, also at Davos, came up with a crystal clear, cause-and-effect formulation on globalization and US economic distress.
  • Ma said, “In the past 30 years, companies like IBM, Cisco and Microsoft made tons of money.” The problem was how the US spent the wealth: “In the past 30 years, America has had 13 wars at a cost of US$14.2 trillion.” So what if the US “had spent part of that money on building up their infrastructure, helping white-collar and blue-collar workers? You’re supposed to spend money on your own people. It’s not that other countries steal American jobs. It is your strategy – that you did not distribute the money in a proper way.” In the meantime, something quite extraordinary happened at the Asian Financial Forum in Hong Kong, one day before Xi’s Davos speech. China Investment Corporation (CIC) chairman Ding Xuedong, referring to Trump’s much-vaunted US$1 trillion infrastructure building plan, said that created fabulous investment opportunities for China and his US$800 billion sovereign fund. According to Ding, Washington will need at least an astonishing US$8 trillion to fund the infrastructure spectacular. Federal government and US private investors are not enough: “They have to rely on foreign investors.” And CIC is ready for it – focusing already on “alternative investments in the US”.
  • Paul Merrell on 27 Jan 17
     
    Pepe Escobar
Paul Merrell

Nato's action plan in Ukraine is right out of Dr Strangelove | John Pilger | Comment is... - 0 views

www.theguardian.com/...kraine-dr-strangelove-china-us

war & peace U.S.-foreign-policy pivot-to-the-East Ukraine Russia China

shared by Paul Merrell on 18 Apr 14 - No Cached
  • In 1964, the year Dr Strangelove was made, "the missile gap" was the false flag. To build more and bigger nuclear weapons and pursue an undeclared policy of domination, President John F Kennedy approved the CIA's propaganda that the Soviet Union was well ahead of the US in the production of intercontinental ballistic missiles. This filled front pages as the "Russian threat". In fact, the Americans were so far ahead in production of the missiles, the Russians never approached them. The cold war was based largely on this lie.
  • Since the collapse of the Soviet Union, the US has ringed Russia with military bases, nuclear warplanes and missiles as part of its Nato enlargement project. Reneging on the Reagan administration's promise to the Soviet president Mikhail Gorbachev in 1990 that Nato would not expand "one inch to the east", Nato has all but taken over eastern Europe. In the former Soviet Caucasus, Nato's military build-up is the most extensive since the second world war.In February, the US mounted one of its proxy "colour" coups against the elected government of Ukraine; the shock troops were fascists. For the first time since 1945, a pro-Nazi, openly antisemitic party controls key areas of state power in a European capital. No western European leader has condemned this revival of fascism on the border of Russia. Some 30 million Russians died in the invasion of their country by Hitler's Nazis, who were supported by the infamous Ukrainian Insurgent Army (the UPA) which was responsible for numerous Jewish and Polish massacres. The Organisation of Ukrainian Nationalists, of which the UPA was the military wing, inspires today's Svoboda party.Since Washington's putsch in Kiev – and Moscow's inevitable response in Russian Crimea to protect its Black Sea fleet – the provocation and isolation of Russia have been inverted in the news to the "Russian threat". This is fossilised propaganda. The US air force general who runs Nato forces in Europe – General Philip Breedlove, no less – claimed more than two weeks ago to have pictures showing 40,000 Russian troops "massing" on the border with Ukraine. So did Colin Powell claim to have pictures proving there were weapons of mass destruction in Iraq. What is certain is that Barack Obama's rapacious, reckless coup in Ukraine has ignited a civil war and Vladimir Putin is being lured into a trap.
  • Following a 13-year rampage that began in stricken Afghanistan well after Osama bin Laden had fled, then destroyed Iraq beneath a false flag, invented a "nuclear rogue" in Iran, dispatched Libya to a Hobbesian anarchy and backed jihadists in Syria, the US finally has a new cold war to supplement its worldwide campaign of murder and terror by drone.A Nato membership action plan – straight from the war room of Dr Strangelove – is General Breedlove's gift to the new dictatorship in Ukraine. "Rapid Trident" will put US troops on Ukraine's Russian border and "Sea Breeze" will put US warships within sight of Russian ports. At the same time, Nato war games in eastern Europe are designed to intimidate Russia. Imagine the response if this madness was reversed and happened on the US's borders. Cue General Turgidson.And there is China. On 23 April, Obama will begin a tour of Asia to promote his "pivot" to China. The aim is to convince his "allies" in the region, principally Japan, to rearm and prepare for the possibility of war with China. By 2020, almost two-thirds of all US naval forces in the world will be transferred to the Asia-Pacific area. This is the greatest military concentration in that vast region since the second world war.
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  • In an arc extending from Australia to Japan, China will face US missiles and nuclear-armed bombers. A strategic naval base is being built on the Korean island of Jeju, less than 400 miles from Shanghai and the industrial heartland of the only country whose economic power is likely to surpass that of the US. Obama's "pivot" is designed to undermine China's influence in its region. It is as if a world war has begun by other means.This is not a Dr Strangelove fantasy. Obama's defence secretary, Charles "Chuck" Hagel, was in Beijing last week to deliver a warning that China, like Russia, could face isolation and war if it did not bow to US demands. He compared the annexation of Crimea to China's complex territorial dispute with Japan over uninhabited islands in the East China Sea. "You cannot go around the world," said Hagel with a straight face, "and violate the sovereignty of nations by force, coercion or intimidation." As for America's massive movement of naval forces and nuclear weapons to Asia, that is "a sign of the humanitarian assistance the US military can provide".Obama is seeking a bigger budget for nuclear weapons than the historical peak during the cold war, the era of Dr Strangelove. The US is pursuing its longstanding ambition to dominate the Eurasian landmass, stretching from China to Europe: a "manifest destiny" made right by might.
  • Paul Merrell on 18 Apr 14
     
    Until the late 1940s, the U.S. had a "War Department." But in 1949, having just completed the largest foreign war in U.S. history, the War Department ironically was renamed as the "Defense Department." Ever since, the U.S. has waged nothing but foreign wars, none that could literally be characterized as necessary to defend the U.S. As John Pilger eloquently encapsulates in this article, perhaps it's past time to return the Department to the "Department of Wars of Aggression."  
Gary Edwards

Who Gave Warren Buffett The Authority To Discuss Billionaire Guilt? - 1 views

www.businessinsider.com/scuss-billionaire-guilt-2011-8

Banksters Buffett-phony

shared by Gary Edwards on 16 Aug 11 - No Cached
  • Stop coddling the super-rich he says.
    • Gary Edwards
      Gary Edwards on 16 Aug 11
       
      Disclosure here:  I actually met Buffett back in the 70's while workign at the Millyard Restaurant in Manchester NH.  Buffett purchased the old Amoskeag Mills "Berkshire Hathaway" shirt manufacturing building just across the Merrimack River.  Nice guy, very friendly, polite and considerate.  Of course, that was years before he made it big investing in the worldwide, McDonald's led USA franchise explosion of the late 80"s.  For sure he made a great call predicting that President Reagan would succeed in ending the Cold War, collapsing the walls, and unleashing the capitalist forces of both free and merchantilist trade.  And that the USA Franchise system was extremely well prepared to launch worldwide as soon as the barriers fell.  He made billions off this call.  Knowing Paul Volker does pay off.
  • Gary Edwards on 16 Aug 11
     
    What is it with billionaires these days? Buffett suggesting we need to tax him more? Stop coddling the super-rich he says.  In other words, he's saying "I've done such a fine job with my money, now I want to give more to a government that hasn't."  Mr. Buffett, has someone changed your suppositions? It seems counter intuitive to your "invest in great management" philosophy.  Shouldn't you really be telling the government to cut costs? Just like you demanded of your Netjets, Clayton Homes, and Helzberg Diamond Shops executives.
Paul Merrell

Land Destroyer: Grisly Peshawar Slaughter - Who Created Taliban, Who Still Funds Them? - 0 views

landdestroyer.blogspot.dk/...war-slaughter-who-created.html

war & peace Taliban U.S.-foreign-policy U.S.-funding Saudis UAE Qatar must-read

shared by Paul Merrell on 17 Dec 14 - No Cached
  • Taliban militants stormed an army public school in the northern city of Peshawar, killing over 100, including many young students. It is believed up to 10 militants took part in the attack, dressed as soldiers to first infiltrate the school's grounds before beginning the attack.  While the details of the attack are forthcoming, the background of the Taliban and the persistent threat it represents is well established, though often spun across the Western media.  Who Put the Taliban into Power? Who is Funding them Now?  In the 1980's the United States, Saudi Arabia, and elements within the then Pakistani government funneled millions of dollars, weapons, equipment, and even foreign fighters into Afghanistan in a bid to oust Soviet occupiers. Representatives of this armed proxy front would even visit the White House, meeting President Ronald Reagan personally. 
  • In 1997, Taliban representatives would find themselves in Texas, discussing a possible oil pipeline with energy company Unocal (now merged with Chevron). The BBC would report in a 1997 article titled, "Taleban in Texas for talks on gas pipeline," that: A senior delegation from the Taleban movement in Afghanistan is in the United States for talks with an international energy company that wants to construct a gas pipeline from Turkmenistan across Afghanistan to Pakistan. A spokesman for the company, Unocal, said the Taleban were expected to spend several days at the company's headquarters in Sugarland, Texas.
  • However, it was already claimed by the US that the Taliban had been "harboring" Osama Bin Laden since 1996, and had branded the Taliban's human rights record as "despicable." The Telegraph in an artile titled, "Oil barons court Taliban in Texas," would report (emphasis added):  The Unocal group has one significant attraction for the Taliban - it has American government backing. At the end of their stay last week, the Afghan visitors were invited to Washington to meet government officials. The US government, which in the past has branded the Taliban's policies against women and children "despicable", appears anxious to please the fundamentalists to clinch the lucrative pipeline contract. The Taliban is likely to have been impressed by the American government's interest as it is anxious to win international recognition. So far, it has been recognised only by the UAE, Saudi Arabia and Pakistan. It is clear that to the West, as they were during the proxy war against the Soviets, and during attempts to forge an oil pipeline across Afghan territory, the Taliban remain a tool, not an ally - to be used and abused whenever and however necessary to advance Wall Street and Washington's agenda - a self-serving Machiavellian agenda clearly devoid of principles. 
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  • The Global Post would reveal in a 2009 investigative report that the Taliban in neighboring Afghanistan was mostly funded via redirected US aid. The report titled, "Who is funding the Afghan Taliban? You don’t want to know," would state:  It is the open secret no one wants to talk about, the unwelcome truth that most prefer to hide. In Afghanistan, one of the richest sources of Taliban funding is the foreign assistance coming into the country. The report would also reveal that Taliban members were in the capital city of Kabul, directly involved in redirecting the funds, apparently under the nose of occupying NATO forces:
  • But the narrative of the "accidental" funding of Taliban militants in Afghanistan is betrayed when examining their counterparts in Pakistan and their source of funding. While the US funds roughly a billion USD a year to the Taliban in Afghanistan "accidentally," their allies in Riyadh, Saudi Arabia are confirmed to be funding the Taliban in Pakistan.In the Guardian's article, "WikiLeaks cables portray Saudi Arabia as a cash machine for terrorists," the US State Department even acknowledges that Saudi Arabia is indeed funding terrorism in Pakistan:   Saudi Arabia is the world's largest source of funds for Islamist militant groups such as the Afghan Taliban and Lashkar-e-Taiba – but the Saudi government is reluctant to stem the flow of money, according to Hillary Clinton."More needs to be done since Saudi Arabia remains a critical financial support base for al-Qaida, the Taliban, LeT and other terrorist groups," says a secret December 2009 paper signed by the US secretary of state. Her memo urged US diplomats to redouble their efforts to stop Gulf money reaching extremists in Pakistan and Afghanistan."Donors in Saudi Arabia constitute the most significant source of funding to Sunni terrorist groups worldwide," she said.Three other Arab countries are listed as sources of militant money: Qatar, Kuwait and the United Arab Emirates.
  • Pakistani terror organization Lashkar-e-Jhangvi - which maintains ties to the Taliban - has also been financially linked to the Persian Gulf monarchies. Stanford University's "Mapping Militant Organizations: Lashkar-e-Jhangvi," states under "External Influences:"  LeJ has received money from several Persian Gulf countries including Saudi Arabia and the United Arab Emirates[25] These countries funded LeJ and other Sunni militant groups primarily to counter the rising influence of Iran's revolutionary Shiism.   Astonishingly, despite these admission, the US still works politically, financially, economically, and even militarily in tandem with these very same state-sponsors of rampant, global terrorism. In fact, Wall Street and Washington are among the chief architects and beneficiaries of this global terrorism. 
  • Just as in Libya and Syria where the US and its Persian Gulf allies funded terrorist fronts in bids to overthrow each nation's respective governments, this unholy alliance is working in Pakistan to create a militant front with which to menace political groups in Islamabad and reorder the country to reflect and serve their collective interests. And just as in Syria now, where the US feigns to be locked in battle with terrorists of their own creation, the fact that the US is funding their own enemy billions of dollars while allegedly fighting them in Afghanistan creates a perpetual conflict justifying their continued intervention in the region - overtly and covertly.  When a terrorist attack is carried out in Pakistan by the "Taliban," it must then be looked at through this lens of global geopolitical reality. Attempts by the Western media to reduce this recent attack to mere "extremism," preying on global audiences emotionally, provides impunity for the state-sponsors of the Taliban - those funding, arming, and directing their operations across the region, and then benefiting from their horrific consequences.It appears, just as in Libya, Syria, and Iraq, the West and its allies are waging a proxy war in Pakistan as well. Attempts to exploit the tragedy in Peshawar compound this insidious agenda. Those across Pakistan's political landscape must understand that their is no line these foreign interests are unwilling to cross in achieving their agenda - be it a line crossed at a perceived ally's expense, or a perceived enemy's expense. 
  • Paul Merrell on 17 Dec 14
     
    How to fight the "Long War?" Well, you need a constant supply of new enemies to fight ...
Paul Merrell

Edward Snowden: A 'Nation' Interview | The Nation - 0 views

www.thenation.com/...wden-exile-exclusive-interview

surveillance state Snowden-interview

shared by Paul Merrell on 30 Oct 14 - No Cached
  • Snowden: That’s the key—to maintain the garden of liberty, right? This is a generational thing that we must all do continuously. We only have the rights that we protect. It doesn’t matter what we say or think we have. It’s not enough to believe in something; it matters what we actually defend. So when we think in the context of the last decade’s infringements upon personal liberty and the last year’s revelations, it’s not about surveillance. It’s about liberty. When people say, “I have nothing to hide,” what they’re saying is, “My rights don’t matter.” Because you don’t need to justify your rights as a citizen—that inverts the model of responsibility. The government must justify its intrusion into your rights. If you stop defending your rights by saying, “I don’t need them in this context” or “I can’t understand this,” they are no longer rights. You have ceded the concept of your own rights. You’ve converted them into something you get as a revocable privilege from the government, something that can be abrogated at its convenience. And that has diminished the measure of liberty within a society.
  • From the very beginning, I said there are two tracks of reform: there’s the political and the technical. I don’t believe the political will be successful, for exactly the reasons you underlined. The issue is too abstract for average people, who have too many things going on in their lives. And we do not live in a revolutionary time. People are not prepared to contest power. We have a system of education that is really a sort of euphemism for indoctrination. It’s not designed to create critical thinkers. We have a media that goes along with the government by parroting phrases intended to provoke a certain emotional response—for example, “national security.” Everyone says “national security” to the point that we now must use the term “national security.” But it is not national security that they’re concerned with; it is state security. And that’s a key distinction. We don’t like to use the phrase “state security” in the United States because it reminds us of all the bad regimes. But it’s a key concept, because when these officials are out on TV, they’re not talking about what’s good for you. They’re not talking about what’s good for business. They’re not talking about what’s good for society. They’re talking about the protection and perpetuation of a national state system. I’m not an anarchist. I’m not saying, “Burn it to the ground.” But I’m saying we need to be aware of it, and we need to be able to distinguish when political developments are occurring that are contrary to the public interest. And that cannot happen if we do not question the premises on which they’re founded. And that’s why I don’t think political reform is likely to succeed. [Senators] Udall and Wyden, on the intelligence committee, have been sounding the alarm, but they are a minority.
  • The Nation: Every president—and this seems to be confirmed by history—will seek to maximize his or her power, and will see modern-day surveillance as part of that power. Who is going to restrain presidential power in this regard? Snowden: That’s why we have separate and co-equal branches. Maybe it will be Congress, maybe not. Might be the courts, might not. But the idea is that, over time, one of these will get the courage to do so. One of the saddest and most damaging legacies of the Bush administration is the increased assertion of the “state secrets” privilege, which kept organizations like the ACLU—which had cases of people who had actually been tortured and held in indefinite detention—from getting their day in court. The courts were afraid to challenge executive declarations of what would happen. Now, over the last year, we have seen—in almost every single court that has had this sort of national-security case—that they have become markedly more skeptical. People at civil-liberties organizations say it’s a sea change, and that it’s very clear judges have begun to question more critically assertions made by the executive. Even though it seems so obvious now, it is extraordinary in the context of the last decade, because courts had simply said they were not the best branch to adjudicate these claims—which is completely wrong, because they are the only nonpolitical branch. They are the branch that is specifically charged with deciding issues that cannot be impartially decided by politicians. The power of the presidency is important, but it is not determinative. Presidents should not be exempted from the same standards of reason and evidence and justification that any other citizen or civil movement should be held to.
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  • The Nation: Explain the technical reform you mentioned. Snowden: We already see this happening. The issue I brought forward most clearly was that of mass surveillance, not of surveillance in general. It’s OK if we wiretap Osama bin Laden. I want to know what he’s planning—obviously not him nowadays, but that kind of thing. I don’t care if it’s a pope or a bin Laden. As long as investigators must go to a judge—an independent judge, a real judge, not a secret judge—and make a showing that there’s probable cause to issue a warrant, then they can do that. And that’s how it should be done. The problem is when they monitor all of us, en masse, all of the time, without any specific justification for intercepting in the first place, without any specific judicial showing that there’s a probable cause for that infringement of our rights.
  • Since the revelations, we have seen a massive sea change in the technological basis and makeup of the Internet. One story revealed that the NSA was unlawfully collecting data from the data centers of Google and Yahoo. They were intercepting the transactions of data centers of American companies, which should not be allowed in the first place because American companies are considered US persons, sort of, under our surveillance authorities. They say, “Well, we were doing it overseas,” but that falls under a different Reagan-era authority: EO 12333, an executive order for foreign-intelligence collection, as opposed to the ones we now use domestically. So this one isn’t even authorized by law. It’s just an old-ass piece of paper with Reagan’s signature on it, which has been updated a couple times since then. So what happened was that all of a sudden these massive, behemoth companies realized their data centers—sending hundreds of millions of people’s communications back and forth every day—were completely unprotected, electronically naked. GCHQ, the British spy agency, was listening in, and the NSA was getting the data and everything like that, because they could dodge the encryption that was typically used. Basically, the way it worked technically, you go from your phone to Facebook.com, let’s say—that link is encrypted. So if the NSA is trying to watch it here, they can’t understand it. But what these agencies discovered was, the Facebook site that your phone is connected to is just the front end of a larger corporate network—that’s not actually where the data comes from. When you ask for your Facebook page, you hit this part and it’s protected, but it has to go on this long bounce around the world to actually get what you’re asking for and go back. So what they did was just get out of the protected part and they went onto the back network. They went into the private network of these companies.
  • The Nation: The companies knew this? Snowden: Companies did not know it. They said, “Well, we gave the NSA the front door; we gave you the PRISM program. You could get anything you wanted from our companies anyway—all you had to do was ask us and we’re gonna give it to you.” So the companies couldn’t have imagined that the intelligence communities would break in the back door, too—but they did, because they didn’t have to deal with the same legal process as when they went through the front door. When this was published by Barton Gellman in The Washington Post and the companies were exposed, Gellman printed a great anecdote: he showed two Google engineers a slide that showed how the NSA was doing this, and the engineers “exploded in profanity.” Another example—one document I revealed was the classified inspector general’s report on a Bush surveillance operation, Stellar Wind, which basically showed that the authorities knew it was unlawful at the time. There was no statutory basis; it was happening basically on the president’s say-so and a secret authorization that no one was allowed to see. When the DOJ said, “We’re not gonna reauthorize this because it is not lawful,” Cheney—or one of Cheney’s advisers—went to Michael Hayden, director of the NSA, and said, “There is no lawful basis for this program. DOJ is not going to reauthorize it, and we don’t know what we’re going to do. Will you continue it anyway on the president’s say-so?” Hayden said yes, even though he knew it was unlawful and the DOJ was against it. Nobody has read this document because it’s like twenty-eight pages long, even though it’s incredibly important.
  • The big tech companies understood that the government had not only damaged American principles, it had hurt their businesses. They thought, “No one trusts our products anymore.” So they decided to fix these security flaws to secure their phones. The new iPhone has encryption that protects the contents of the phone. This means if someone steals your phone—if a hacker or something images your phone—they can’t read what’s on the phone itself, they can’t look at your pictures, they can’t see the text messages you send, and so forth. But it does not stop law enforcement from tracking your movements via geolocation on the phone if they think you are involved in a kidnapping case, for example. It does not stop law enforcement from requesting copies of your texts from the providers via warrant. It does not stop them from accessing copies of your pictures or whatever that are uploaded to, for example, Apple’s cloud service, which are still legally accessible because those are not encrypted. It only protects what’s physically on the phone. This is purely a security feature that protects against the kind of abuse that can happen with all these things being out there undetected. In response, the attorney general and the FBI director jumped on a soap box and said, “You are putting our children at risk.”
  • The Nation: Is there a potential conflict between massive encryption and the lawful investigation of crimes? Snowden: This is the controversy that the attorney general and the FBI director were trying to create. They were suggesting, “We have to be able to have lawful access to these devices with a warrant, but that is technically not possible on a secure device. The only way that is possible is if you compromise the security of the device by leaving a back door.” We’ve known that these back doors are not secure. I talk to cryptographers, some of the leading technologists in the world, all the time about how we can deal with these issues. It is not possible to create a back door that is only accessible, for example, to the FBI. And even if it were, you run into the same problem with international commerce: if you create a device that is famous for compromised security and it has an American back door, nobody is gonna buy it. Anyway, it’s not true that the authorities cannot access the content of the phone even if there is no back door. When I was at the NSA, we did this every single day, even on Sundays. I believe that encryption is a civic responsibility, a civic duty.
  • The Nation: Some years ago, The Nation did a special issue on patriotism. We asked about a hundred people how they define it. How do you define patriotism? And related to that, you’re probably the world’s most famous whistleblower, though you don’t like that term. What characterization of your role do you prefer? Snowden: What defines patriotism, for me, is the idea that one rises to act on behalf of one’s country. As I said before, that’s distinct from acting to benefit the government—a distinction that’s increasingly lost today. You’re not patriotic just because you back whoever’s in power today or their policies. You’re patriotic when you work to improve the lives of the people of your country, your community and your family. Sometimes that means making hard choices, choices that go against your personal interest. People sometimes say I broke an oath of secrecy—one of the early charges leveled against me. But it’s a fundamental misunderstanding, because there is no oath of secrecy for people who work in the intelligence community. You are asked to sign a civil agreement, called a Standard Form 312, which basically says if you disclose classified information, they can sue you; they can do this, that and the other. And you risk going to jail. But you are also asked to take an oath, and that’s the oath of service. The oath of service is not to secrecy, but to the Constitution—to protect it against all enemies, foreign and domestic. That’s the oath that I kept, that James Clapper and former NSA director Keith Alexander did not. You raise your hand and you take the oath in your class when you are on board. All government officials are made to do it who work for the intelligence agencies—at least, that’s where I took the oath.
  • The Nation: Creating a new system may be your transition, but it’s also a political act. Snowden: In case you haven’t noticed, I have a somewhat sneaky way of effecting political change. I don’t want to directly confront great powers, which we cannot defeat on their terms. They have more money, more clout, more airtime. We cannot be effective without a mass movement, and the American people today are too comfortable to adapt to a mass movement. But as inequality grows, the basic bonds of social fraternity are fraying—as we discussed in regard to Occupy Wall Street. As tensions increase, people will become more willing to engage in protest. But that moment is not now.
  • The Nation: You really think that if you could go home tomorrow with complete immunity, there wouldn’t be irresistible pressure on you to become a spokesperson, even an activist, on behalf of our rights and liberties? Indeed, wouldn’t that now be your duty? Snowden: But the idea for me now—because I’m not a politician, and I do not think I am as effective in this way as people who actually prepare for it—is to focus on technical reform, because I speak the language of technology. I spoke with Tim Berners-Lee, the guy who invented the World Wide Web. We agree on the necessity for this generation to create what he calls the Magna Carta for the Internet. We want to say what “digital rights” should be. What values should we be protecting, and how do we assert them? What I can do—because I am a technologist, and because I actually understand how this stuff works under the hood—is to help create the new systems that reflect our values. Of course I want to see political reform in the United States. But we could pass the best surveillance reforms, the best privacy protections in the history of the world, in the United States, and it would have zero impact internationally. Zero impact in China and in every other country, because of their national laws—they won’t recognize our reforms; they’ll continue doing their own thing. But if someone creates a reformed technical system today—technical standards must be identical around the world for them to function together.
  • As for labeling someone a whistleblower, I think it does them—it does all of us—a disservice, because it “otherizes” us. Using the language of heroism, calling Daniel Ellsberg a hero, and calling the other people who made great sacrifices heroes—even though what they have done is heroic—is to distinguish them from the civic duty they performed, and excuses the rest of us from the same civic duty to speak out when we see something wrong, when we witness our government engaging in serious crimes, abusing power, engaging in massive historic violations of the Constitution of the United States. We have to speak out or we are party to that bad action.
  • The Nation: Considering your personal experience—the risks you took, and now your fate here in Moscow—do you think other young men or women will be inspired or discouraged from doing what you did? Snowden: Chelsea Manning got thirty-five years in prison, while I’m still free. I talk to people in the ACLU office in New York all the time. I’m able to participate in the debate and to campaign for reform. I’m just the first to come forward in the manner that I did and succeed. When governments go too far to punish people for actions that are dissent rather than a real threat to the nation, they risk delegitimizing not just their systems of justice, but the legitimacy of the government itself. Because when they bring political charges against people for acts that were clearly at least intended to work in the public interest, they deny them the opportunity to mount a public-interest defense. The charges they brought against me, for example, explicitly denied my ability to make a public-interest defense. There were no whistleblower protections that would’ve protected me—and that’s known to everybody in the intelligence community. There are no proper channels for making this information available when the system fails comprehensively.
  • The government would assert that individuals who are aware of serious wrongdoing in the intelligence community should bring their concerns to the people most responsible for that wrongdoing, and rely on those people to correct the problems that those people themselves authorized. Going all the way back to Daniel Ellsberg, it is clear that the government is not concerned with damage to national security, because in none of these cases was there damage. At the trial of Chelsea Manning, the government could point to no case of specific damage that had been caused by the massive revelation of classified information. The charges are a reaction to the government’s embarrassment more than genuine concern about these activities, or they would substantiate what harms were done. We’re now more than a year since my NSA revelations, and despite numerous hours of testimony before Congress, despite tons of off-the-record quotes from anonymous officials who have an ax to grind, not a single US official, not a single representative of the United States government, has ever pointed to a single case of individualized harm caused by these revelations. This, despite the fact that former NSA director Keith Alexander said this would cause grave and irrevocable harm to the nation. Some months after he made that statement, the new director of the NSA, Michael Rogers, said that, in fact, he doesn’t see the sky falling. It’s not so serious after all.
  • The Nation: You also remind us of [Manhattan Project physicist] Robert Oppenheimer—what he created and then worried about. Snowden: Someone recently talked about mass surveillance and the NSA revelations as being the atomic moment for computer scientists. The atomic bomb was the moral moment for physicists. Mass surveillance is the same moment for computer scientists, when they realize that the things they produce can be used to harm a tremendous number of people. It is interesting that so many people who become disenchanted, who protest against their own organizations, are people who contributed something to them and then saw how it was misused. When I was working in Japan, I created a system for ensuring that intelligence data was globally recoverable in the event of a disaster. I was not aware of the scope of mass surveillance. I came across some legal questions when I was creating it. My superiors pushed back and were like, “Well, how are we going to deal with this data?” And I was like, “I didn’t even know it existed.” Later, when I found out that we were collecting more information on American communications than we were on Russian communications, for example, I was like, “Holy shit.” Being confronted with the realization that work you intended to benefit people is being used against them has a radicalizing effect.
  • The Nation: We have a sense, or certainly the hope, we’ll be seeing you in America soon—perhaps sometime after this Ukrainian crisis ends. Snowden: I would love to think that, but we’ve gone all the way up the chain at all the levels, and things like that. A political decision has been made not to irritate the intelligence community. The spy agencies are really embarrassed, they’re really sore—the revelations really hurt their mystique. The last ten years, they were getting the Zero Dark Thirty treatment—they’re the heroes. The surveillance revelations bring them back to Big Brother kind of narratives, and they don’t like that at all. The Obama administration almost appears as though it is afraid of the intelligence community. They’re afraid of death by a thousand cuts—you know, leaks and things like that.
  • The Nation: You’ve given us a lot of time, and we are very grateful, as will be The Nation’s and other readers. But before we end, any more thoughts about your future? Snowden: If I had to guess what the future’s going to look like for me—assuming it’s not an orange jumpsuit in a hole—I think I’m going to alternate between tech and policy. I think we need that. I think that’s actually what’s missing from government, for the most part. We’ve got a lot of policy people, but we have no technologists, even though technology is such a big part of our lives. It’s just amazing, because even these big Silicon Valley companies, the masters of the universe or whatever, haven’t engaged with Washington until recently. They’re still playing catch-up. As for my personal politics, some people seem to think I’m some kind of archlibertarian, a hyper-conservative. But when it comes to social policies, I believe women have the right to make their own choices, and inequality is a really important issue. As a technologist, I see the trends, and I see that automation inevitably is going to mean fewer and fewer jobs. And if we do not find a way to provide a basic income for people who have no work, or no meaningful work, we’re going to have social unrest that could get people killed. When we have increasing production—year after year after year—some of that needs to be reinvested in society. It doesn’t need to be consistently concentrated in these venture-capital funds and things like that. I’m not a communist, a socialist or a radical. But these issues have to be 
addressed.
  • Paul Merrell on 30 Oct 14
     
    Remarkable interview. Snowden finally gets asked some questions about politics. 
Paul Merrell

Does Our Military Know Something We Don't About Global Warming? - Forbes - 0 views

www.forbes.com/...g-we-dont-about-global-warming

climate-change preparations DoD

shared by Paul Merrell on 27 Oct 15 - No Cached
  • Every branch of the United States Military is worried about climate change. They have been since well before it became controversial. In the wake of an historic climate change agreement between President Obama and President Xi Jinping in China this week (Brookings), the military’s perspective is significant in how it views climate effects on emerging military conflicts.
  • At a time when Presidents Ronald Reagan and Bush 41, and even British Prime Minister Margaret Thatcher, called for binding international protocols to control greenhouse gas emissions, the U.S. Military was seriously studying global warming in order to determine what actions they could take to prepare for the change in threats that our military will face in the future. The Center for Naval Analysis has had its Military Advisory Board examining the national security implications of climate change for many years. Lead by Army General Paul Kern, the Military Advisory Board is a group of 16 retired flag-level officers from all branches of the Service. This is not a group normally considered to be liberal activists and fear-mongers.
  • This year, the Military Advisory Board came out with a new report, called National Security and the Accelerating Risks of Climate Change, that is a serious discussion about what the military sees as the threats and the actions to be taken to mitigate them. “The potential security ramifications of global climate change should be serving as catalysts for cooperation and change. Instead, climate change impacts are already accelerating instability in vulnerable areas of the world and are serving as catalysts for conflict.”
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  • Bill Pennell, former Director of the Atmospheric Sciences and Global Change Division at Pacific Northwest National Laboratory, summed up the threat in recent discussions about climate and national security: “The environmental consequences of climate change are a significant threat multiplier, which by itself, can be a cause for future conflicts. Global warming will affect military operations as well as its theaters of operations. And it poses significant risks and costs to military and civilian infrastructure, especially those facilities located on the coastline.” “The countries and regions posing the greatest security threats to the United States are among those most susceptible to the adverse and destabilizing effects of climate change. Many of these countries are already unstable and have little economic or social capital for coping with additional disruptions.” “Whether in Africa, the Middle East, South Asia, or North Korea, we are already seeing how extreme weather events – such as droughts and flooding and the food shortages and population dislocations that accompany them – can destabilize governments and lead to conflict. For example, one trigger of the chaos in Syria has been the multi-year drought the country has experienced since 2006 and the Assad Regime’s ineptitude in dealing with it.”
  • So why is the country as a whole, and those who normally support our military, so loathe to prepare for possible threats from this direction? In 1990, Eugene Skolnikoff summarized the national policy issues surrounding global warming and why it has been so difficult to rationally develop policy to address it. “The central problem is that outside the security sector, policy processes confronting issues with substantial uncertainty do not normally yield policy that has high economic or political costs. This is especially true when the uncertainty extends not only to the issues themselves, but also to the measures to avert them or deal with their consequences.” “The climate change issue illustrates – in fact exaggerates – all the elements of this central problem. Indeed, no major action is likely to be taken until those uncertainties are substantially reduced, and probably not before evidence of warming and its effects are actually visible. Unfortunately, any increase in temperature will be irreversible by the time the danger becomes obvious enough to permit political action.” And this was in 1990!
  • As Arctic ice diminishes, the region will see new shipping routes, new energy zones, new fisheries, new tourism and new sources of conflict not covered by existing maritime treaties. Since the United States is not party to the United Nations Convention on the Law of the Sea (UNCLOS) treaty, we will not have maximum operating flexibility in the Arctic. Even seemingly small administrative issues may become important in the new era, e.g., the Unified Command Plan presently splits Arctic responsibility between two Combatant Commands: U.S. Northern Command (NORTHCOM) and U.S. European Command (EUCOM). This type of things needs to be resolved with the coming global changes in mind. Source: Center for Naval Analysis
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