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Paul Merrell

Globe in Ukraine: Ukraine accuses Russia of staging 'military invasion' - The Globe and Mail - 0 views

www.theglobeandmail.com/...article17507709

war & peace Russia Ukraine tinder-box

shared by Paul Merrell on 16 Mar 14 - No Cached
  • Ukraine accused Russia on Saturday of having staged a “military invasion” of the country, saying Russian troops had seized one village outside Crimea and briefly landed at another.In a statement posted to its website, Ukraine’s Ministry of Foreign Affairs said 80 Russian soldiers – supported by four helicopter gunships supported by four helicopter gunships and three “armoured combat machines” – seized the town of Strilkove on Saturday. Strilkove, which is home to 1,300 people, is about 16 kilometres outside of Crimea, on a thin peninsula in adjacent Kherson oblast.
  • Earlier in the day, the Ukrainian Defence Ministry said it had “repelled” – apparently without any shots being fired – another landing by dozens of Russian paratroopers 28 kilometres further into Kherson oblast, at Arbatskaya Strelka. The Ukrainian military said its air force had been used in forcing the Russians to withdraw.The alleged incursions come one day before a referendum in Crimea, a predominantly Russian-speaking region on Ukraine’s Black Sea coast, asking its two million residents whether they wish to join the Russian Federation.The Kherson region supplies Crimea with most of its electricity, water and natural gas. The paratrooper landing at Arbatskaya Strelka appeared aimed at capturing a natural gas distribution facility there.
  • There was no immediate confirmation or denial from the Russian Foreign Ministry of the military moves outside Crimea. On Friday, Russian Foreign Minister Sergei Lavrov told U.S. Secretary of State John Kerry at a meeting in London that Moscow “has no, and cannot have, any plans to invade the southeast region of Ukraine.”If the Ukrainian accusations are correct, the incursions would mark a serious escalation of the crisis here, which began last month when pro-Western protesters in Kiev ousted the Moscow-backed government of Viktor Yanukovych.
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  • Ukraine says Russia has already deployed almost 20,000 troops in Crimea, which ordinarily hosts the sailors and soldiers affiliated with Russia’s Black Sea Fleet, ahead of Sunday’s referendum. Tens of thousands more – plus artillery and tank units – are currently taking part in snap exercises in areas near Russia’s border with eastern Ukraine, while Kiev is hastily mobilizing a new National Guard to supplement its own underprepared military forces.Worries are high that Russia will decide to send troops into eastern Ukraine, which has seen violent clashes this week between pro-Russian and pro-Kiev protesters in the cities of Kharkiv and Donetsk.The Russian Foreign Ministry said Saturday that it was “receiving many appeals from peaceful citizens who are asking for protection.” The requests for Russian help “will be considered,” the ministry said.
  • Russia used its veto power at the United Nations Security Council to block a draft resolution Saturday that criticized the referendum. Thirteen of the 15 members of the Security Council supported the motion, while China abstained.
Paul Merrell

BofA Said to Split Regulators Over Moving Merrill Derivatives to Bank Unit - Bloomberg - 0 views

www.bloomberg.com/...-derivatives-to-bank-unit.html

banksters toxic-derivatives BoA JPMorgan FDIC Dodd-Frank too-big-to-fail

shared by Paul Merrell on 13 Nov 13 - No Cached
  • Bank of America Corp. (BAC), hit by a credit downgrade last month, has moved derivatives from its Merrill Lynch unit to a subsidiary flush with insured deposits, according to people with direct knowledge of the situation. The Federal Reserve and Federal Deposit Insurance Corp. disagree over the transfers, which are being requested by counterparties, said the people, who asked to remain anonymous because they weren’t authorized to speak publicly. The Fed has signaled that it favors moving the derivatives to give relief to the bank holding company, while the FDIC, which would have to pay off depositors in the event of a bank failure, is objecting, said the people. The bank doesn’t believe regulatory approval is needed, said people with knowledge of its position.
  • Three years after taxpayers rescued some of the biggest U.S. lenders, regulators are grappling with how to protect FDIC- insured bank accounts from risks generated by investment-banking operations. Bank of America, which got a $45 billion bailout during the financial crisis, had $1.04 trillion in deposits as of midyear, ranking it second among U.S. firms. “The concern is that there is always an enormous temptation to dump the losers on the insured institution,” said William Black, professor of economics and law at the University of Missouri-Kansas City and a former bank regulator. “We should have fairly tight restrictions on that.”
  • Moody’s Investors Service downgraded Bank of America’s long-term credit ratings Sept. 21, cutting both the holding company and the retail bank two notches apiece. The holding company fell to Baa1, the third-lowest investment-grade rank, from A2, while the retail bank declined to A2 from Aa3.
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  • The Moody’s downgrade spurred some of Merrill’s partners to ask that contracts be moved to the retail unit, which has a higher credit rating, according to people familiar with the transactions. Transferring derivatives also can help the parent company minimize the collateral it must post on contracts and the potential costs to terminate trades after Moody’s decision, said a person familiar with the matter. Bank of America estimated in an August regulatory filing that a two-level downgrade by all ratings companies would have required that it post $3.3 billion in additional collateral and termination payments, based on over-the-counter derivatives and other trading agreements as of June 30. The figure doesn’t include possible collateral payments due to “variable interest entities,” which the firm is evaluating, it said in the filing.
  • Derivatives are financial instruments used to hedge risks or for speculation. They’re derived from stocks, bonds, loans, currencies and commodities, or linked to specific events such as changes in the weather or interest rates. Dodd-Frank Rules Keeping such deals separate from FDIC-insured savings has been a cornerstone of U.S. regulation for decades, including last year’s Dodd-Frank overhaul of Wall Street regulation. The legislation gave the FDIC, which liquidates failing banks, expanded powers to dismantle large financial institutions in danger of failing. The agency can borrow from the Treasury Department to finance the biggest lenders’ operations to stem bank runs. It’s required to recoup taxpayer money used during the resolution process through fees on the largest firms.
  • Bank of America’s holding company -- the parent of both the retail bank and the Merrill Lynch securities unit -- held almost $75 trillion of derivatives at the end of June, according to data compiled by the OCC. About $53 trillion, or 71 percent, were within Bank of America NA, according to the data, which represent the notional values of the trades. That compares with JPMorgan’s deposit-taking entity, JPMorgan Chase Bank NA, which contained 99 percent of the New York-based firm’s $79 trillion of notional derivatives, the OCC data show.
  • Moving derivatives contracts between units of a bank holding company is limited under Section 23A of the Federal Reserve Act, which is designed to prevent a lender’s affiliates from benefiting from its federal subsidy and to protect the bank from excessive risk originating at the non-bank affiliate, said Saule T. Omarova, a law professor at the University of North Carolina at Chapel Hill School of Law. “Congress doesn’t want a bank’s FDIC insurance and access to the Fed discount window to somehow benefit an affiliate, so they created a firewall,” Omarova said. The discount window has been open to banks as the lender of last resort since 1914. As a general rule, as long as transactions involve high- quality assets and don’t exceed certain quantitative limitations, they should be allowed under the Federal Reserve Act, Omarova said.
  • In 2009, the Fed granted Section 23A exemptions to the banking arms of Ally Financial Inc., HSBC Holdings Plc, Fifth Third Bancorp, ING Groep NV, General Electric Co., Northern Trust Corp., CIT Group Inc., Morgan Stanley and Goldman Sachs Group Inc., among others, according to letters posted on the Fed’s website. The central bank terminated exemptions last year for retail-banking units of JPMorgan, Citigroup, Barclays Plc, Royal Bank of Scotland Plc and Deutsche Bank AG. The Fed also ended an exemption for Bank of America in March 2010 and in September of that year approved a new one. Section 23A “is among the most important tools that U.S. bank regulators have to protect the safety and soundness of U.S. banks,” Scott Alvarez, the Fed’s general counsel, told Congress in March 2008.
  • Paul Merrell on 13 Nov 13
     
    So according to Bloomberg, JPMorgan's commercial bank was the recipient of 99 percent of JPMorgan's $79 trillion (face value of derivatives) in bad bets. So adding JPMorgan's $78 trillion or so to the $75 trillion in bad bets Bank of America unloaded on its FDIC insured subsidiary, we arrive at $153 trillion in bad bets moved by two investment banks alone under the FDIC umbrella. Meanwhile, FDIC has authority under Dodd-Frank to liquidate these insolvent banks but doesn't, despite several successful lawsuits to recover the value of toxic derivatives that they sold to smaller banks that failed (which implies that FDIC could tell JPMorgan and BoA's investment banksters that they've got to pay off the toxic assets they transferred to their commercial banks, rather than diluting the insurance for normal depositors. Problem: the two big investment banks don't have sufficient assets to absorb those losses, so the too-politically-connected-to-fail factor kicks in. Note that I have not done any legal research in regard to these issues and am basing these observations on what has been stated about legal requirements in various media articles.
Paul Merrell

Why TEPCO is Risking the Removal of Fukushima Fuel Rods. The Dangers of Uncontrolled Global Nuclear Radiation | Global Research - 1 views

www.globalresearch.ca/...5359188

environment nuclear-reactors Fukushima disaster disaster-recovery disaster areas war on whistleblowers

shared by Paul Merrell on 24 Nov 13 - No Cached
  • After repeated delays since the summer of 2011, the Tokyo Electric Power Company has launched a high-risk operation to empty the spent-fuel pool atop Reactor 4 at the Dai-ichi (No.1) Fukushima Nuclear Power Plant. The urgency attached to this particular site, as compared with reactors damaged in meltdowns, arises from several factors: -         over 400 tons of nuclear material in the pool could reignite -         the fire-damaged tank is tilting badly and may topple over sooner than later -         collapse of the structure could trigger a chain reaction and nuclear blast, and -         consequent radioactive releases would heavily contaminate much of the world. The potential for disaster at the Unit 4 SFP is probably of a higher magnitude than suspected due to the presence of fresh fuel rods, which were delivered during the technical upgrade of Reactor 4 under completion at the time of the March 11, 2011 earthquake and tsunami. The details of that reactor overhaul by GE and Hitachi have yet to be disclosed by TEPCO and the Economy Ministry and continue to be treated as a national-security matter. Here, the few clues from whistleblowers will be pieced together to decipher the nature of the clandestine activity at Fukushima No.1.
  • Paul Merrell on 24 Nov 13
     
    Japan invokes national security concerns to gag whistleblowers while human life in the Northern Hemisphere of the planet hangs in the balance during an ultra-risky disaster mitigation effort. Yoichi Shimatsu pieces together the risks that can be gleaned from public information and whistleblower reports. 
Paul Merrell

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

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

environment pollution radiation Fukushima disaster

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

Greenwald's Twitter War Over PayPal-NSA Allegations | MyFDL - 0 views

my.firedoglake.com/...ds-over-paypal-nsa-allegations

surveillance state NSA Greenwald Paypal bribery

shared by Paul Merrell on 13 Dec 13 - No Cached
  • In the interconnected, instantaneous and byte-sized world of internet journalism, both cyber-space and real-time often bend and warp into a self-referential wormhole.
  • And one of those fascinating wormholes just opened on Twitter as super neo-journalist Glenn Greenwald and 9/11 whistleblower Sibel Edmonds exchanged a series of increasingly vitriolic and accusatory tweets over Edmonds’ latest blog on Boiling Frogs Post:  BFP Breaking News–Omidyar’s PayPal Corporation Said To Be Implicated in Withheld NSA Document. In it, Edmonds claims that Greenwald’s soon-to-be financial partner and backer—PayPal billionaire Pierre Omidyar—was, in effect, a knowing partner with NSA spying and financial data-mining efforts: The 50,000-pages of documents obtained by NSA whistleblower Edward Snowden contain extensive documentation of PayPal Corporation’s partnership and cooperation with the National Security Agency (NSA), according to three NSA veterans.
  • Once again, Greenwald’s point is well taken. Neither Edmonds nor her interviewees can state as fact that there is anything in the Snowden docs that shows PayPal-NSA cooperation. However, their point is that—given the statement that only 1% of the documents have been released—the apparent trickle of the information from the trove highlights the need for transparency. Particularly if, in fact, there is anything in there that implicates PayPal. In fact, Greenwald doesn’t really challenge the claim of PayPal-NSA cooperation, just the claim that he is covering it up by withholding Snowden docs that implicate PayPal
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  • This is a tricky situation. Unlike Wikileaks and their bulk data-dumps, Greenwald and Co. have released classified information in a more traditional, “sound practices of journalism” sorta way. Government officials get the opportunity to respond. Each story is hashed out and vetted in a normalized editorial process. Then the story is run. But daily revelations about the NSA using every imaginable electronic device to collect data are breeding suspicion and a growing sense that nothing is sacred (although dildos, electric razors and Magic Bullet food processors still seem safely anonymous). It seems that everything is in question, particularly in that redacted zone between the public and its national security minders at the helm of the United States of Surveillance. Thus, withholding information is an increasingly hard thing to defend. This creates a bit of a problem for Greenwald and his association with Omyidar which, it seems, is fair to question given what we know about the NSA’s penchant for doing business with many different businesses. Full disclosure of the Snowden documents may be, in the final analysis, the only antiseptic that will calm suspicions amongst allies.
  • Greenwald has already mounted a strong defense against accusations that the slow, methodical release of Snowden’s treasure-trove is a self-serving, profit-making process that, unlike a massive and direct data-dump, only serves the interests of his newspaper and his career. But these claims are likely to dog him—both from those who simply seek to punish him through proxies and by those who earnestly criticize a traditional “sound practices of journalism” approach to information that relies on the role of gatekeepers to decide how and when information is released over the Wikileaks-style which emphasizes the public’s inherent right to see immediately what lies behind the veil of secrecy. In this age of Twitterati, instant attacks, rapid-fire counter-attacks and Matrix-like convolution regarding who is plugged into whom, transparency is the only way to short-circuit festering suspicion—not just for governments, but also for the journalists, whistleblowers and the public they try to serve. Now it seems it’s up to Greenwald to clarify his association with Omidyar and for Omidyar to shine a bright light on PayPal’s associations with NSA.
Paul Merrell

F.B.I. Informant Is Tied to Cyberattacks Abroad - NYTimes.com - 0 views

www.nytimes.com/...ed-to-cyberattacks-abroad.html

surveillance state cyberwar FBI targets Anyonymous

shared by Paul Merrell on 24 Apr 14 - No Cached
  • An informant working for the F.B.I. coordinated a 2012 campaign of hundreds of cyberattacks on foreign websites, including some operated by the governments of Iran, Syria, Brazil and Pakistan, according to documents and interviews with people involved in the attacks.Exploiting a vulnerability in a popular web hosting software, the informant directed at least one hacker to extract vast amounts of data — from bank records to login information — from the government servers of a number of countries and upload it to a server monitored by the F.B.I., according to court statements.
  • The attacks were coordinated by Hector Xavier Monsegur, who used the Internet alias Sabu and became a prominent hacker within Anonymous for a string of attacks on high-profile targets, including PayPal and MasterCard. By early 2012, Mr. Monsegur of New York had been arrested by the F.B.I. and had already spent months working to help the bureau identify other members of Anonymous, according to previously disclosed court papers.One of them was Jeremy Hammond, then 27, who, like Mr. Monsegur, had joined a splinter hacking group from Anonymous called Antisec. The two men had worked together in December 2011 to sabotage the computer servers of Stratfor Global Intelligence, a private intelligence firm based in Austin, Tex.
  • Shortly after the Stratfor incident, Mr. Monsegur, 30, began supplying Mr. Hammond with lists of foreign websites that might be vulnerable to sabotage, according to Mr. Hammond, in an interview, and chat logs between the two men. The New York Times petitioned the court last year to have those documents unredacted, and they were submitted to the court last week with some of the redactions removed.Continue reading the main story “After Stratfor, it was pretty much out of control in terms of targets we had access to,” Mr. Hammond said during an interview this month at a federal prison in Kentucky, where he is serving a 10-year sentence after pleading guilty to the Stratfor operation and other computer attacks inside the United States. He has not been charged with any crimes in connection with the hacks against foreign countries.
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  • according to an uncensored version of a court statement by Mr. Hammond, leaked online the day of his sentencing in November, the target list was extensive and included more than 2,000 Internet domains. The document said Mr. Monsegur had directed Mr. Hammond to hack government websites in Iran, Nigeria, Pakistan, Turkey and Brazil and other government sites, like those of the Polish Embassy in Britain and the Ministry of Electricity in Iraq.
  • The hacking campaign appears to offer further evidence that the American government has exploited major flaws in Internet security — so-called zero-day vulnerabilities like the recent Heartbleed bug — for intelligence purposes. Recently, the Obama administration decided it would be more forthcoming in revealing the flaws to industry, rather than stockpiling them until the day they are useful for surveillance or cyberattacks. But it carved a broad exception for national security and law enforcement operations.
  • Paul Merrell on 24 Apr 14
     
    Has no one in government ever heard of the concept of leadership by example? Or the Golden Rule?
Paul Merrell

EXCLUSIVE: Chase to Charge Customers Fees For Handing Cash Deposits - Top US World News | Susanne Posel Daily Headlines and Research - 0 views

www.occupycorporatism.com/...e-customers-fees-cash-deposits

economy banksters savings-accounts

shared by Paul Merrell on 10 Jun 14 - No Cached
  • Beginning August 1st of this year, JP Morgan & Chase Co. will charge their customers for depositing cash into their accounts. According to an internal document sent to account holders, in less than a month from now “the fee for all types of Cash Deposit Processing (CDP) will be $0.25 per $100 [deposited]. The CDP fee will only apply after you exceed your account’s cash deposit limit.” One reason for Chase to charge their customers a fee on cash deposits may reside in the fact that the major banks are “charging customers who deposit lots of cash.” Wherein Chase is charging customers for every $100 in cash deposited, other banks are charging on every cash deposit of $10,000; or $0.20 on every $100 deposited. Kris Dawsey, economist for Goldman Sachs, warned about banks charging customers fees for simply depositing cash into their account in 2013.
  • When asked about a meeting of the Federal Reserve (Fed) Board and the Federal Open Market Committee (FOMC), wherein it was revealed that the 0.25% annual interest rate on money that the banks keep in the Fed would be reduced, Dawsey said: “One risk is that the move could prompt charges … on bank deposits.” Last November, Kristin Lemkau, spokesperson for JP Morgan & Chase Co said: “We have no intention of charging for retail customer deposits.” However this promise has not been kept. David George, analyst for Robert W. Baird & Co, explains that the financial institutions “would need to find alternative revenue sources to compensate” because of this decline in the Fed’s interest rate and fees on deposits “would be the most likely” option.
  • George said: “Having a bank account is a service, like the water and electric bill. And it has become less and less profitable.” Wayne Abernathy, executive vice president of the American Bankers Association confirmed: “Banks could respond to a drop in the Fed’s interest rate by charging a fee to large business customers that hold millions of dollars in savings accounts. Banks must bear the expense of managing that money.” Analysts say the Durbin Amendment within the Dodd Frank Act which limited fees imposed by merchant retailers onto banks who issue debit cards “has effectively hit consumer-banking revenues pretty hard.” When accessing debits, banks view checking accounts as high-risk and costing “a lot of money” to the banks.
  • Paul Merrell on 10 Jun 14
     
    Remember the days when banks' only source of money to lend was customer deposits?
Paul Merrell

UK referred to International Criminal Court for war crimes in Iraq - World Socialist Web Site - 0 views

www.wsws.org/...iraq-j03.html

war & peace Iraq ICC UK

shared by Paul Merrell on 11 Jun 14 - No Cached
  • International Criminal Court (ICC) prosecutor, Fatou Bensouda, has accepted the complaint lodged in January alleging that UK military personnel committed war crimes against Iraqis in their custody between 2003 and 2008. She has ordered a preliminary investigation. It is the first step into a possible criminal prosecution against Britain’s political and military leaders, including politicians, senior civil servants, lawyers, Chief of Defence Staff and Chief of Defence Intelligence, who bear ultimate responsibility for systematic abuse of detainees in Iraq. This is the first time the ICC in The Hague has opened an enquiry into a Western state. Almost all of the ICC’s indictees have been African heads of state or officials.
  • Bensouda’s decision flows from an official complaint by the British Public Interest Lawyers (PIL) and the European Centre for Constitutional and Human Rights (ECCHR) last January. Their 250-page submission, the most detailed ever submitted to the ICC on war crimes committed by British forces in Iraq, took years to compile. It documented the new facts and additional evidence that had become available since the initial complaint in 2006.
  • The list of the most serious allegations is damning. They include the use of sensory deprivation and isolation, food and water deprivation, the use of prolonged stress positions, the use of the “harshing” technique which involves sustained aggressive shouting in close proximity to the victim, a wide range of physical assault, including beating, burning, electrocution or electric shocks, both direct and implied threats to the health and safety of the detainees and/or friends and family, including mock executions and threats of rape, death, torture, indefinite detention and violence.
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  • There are claims that British personnel used environmental manipulation such as exposure to extreme temperatures, forced exertion, cultural and religious humiliation. Other allegations referred to a wide range of sexual assaults and humiliation including forced nakedness, sexual taunts and attempted seduction, touching of genitalia, forced or simulated sexual acts, and forced exposure to pornography and sexual acts between soldiers. In all, the victims made thousands of allegations of mistreatment that amount to war crimes: torture, inhuman or degrading treatment as well as the deliberate infliction of grievous suffering and/or serious injury. They were not dissimilar from those of the infamous US torture at Abu Ghraib prison. The sheer scale of the crimes, committed repeatedly at numerous sites and over a long period, testify to the systematic use of illegal methods of detention and interrogation, sanctioned at the top of the military and political chain.
  • UK military commanders “knew or should have known” that forces under their control “were committing or about to commit war crimes,” but failed to act. “Civilian superiors knew or consciously disregarded information at their disposal, which clearly indicated that UK services personnel were committing war crimes in Iraq.” PIL and ECCHR specifically called for Britain’s most senior army personnel and politicians, including former Secretaries of State for Defence Geoffrey Hoon, John Reid, Des Browne and John Hutton and Ministers of State for the Armed Forces Personnel Adam Ingram and Bob Ainsworth as officials who should have to answer claims about the systematic use of torture and cruelty.
Paul Merrell

Tomgram: Nick Turse, How "Benghazi" Birthed the New Normal in Africa | TomDispatch - 0 views

www.tomdispatch.com/...rthed_the_new_normal_in_africa

war & peace Africa AFRICOM Benghazi

shared by Paul Merrell on 16 May 14 - No Cached
  • Amid the horrific headlines about the fanatical Islamist sect Boko Haram that should make Nigerians cringe, here’s a line from a recent Guardian article that should make Americans do the same, as the U.S. military continues its “pivot” to Africa: “[U.S.] defense officials are looking to Washington’s alliance with Yemen, with its close intelligence cooperation and CIA drone strikes, as an example for dealing with Boko Haram.” In fact, as the latest news reports indicate, that “close” relationship is proving something less than a raging success.  An escalating drone campaign against al-Qaeda in the Arabian Peninsula (AQAP) has resulted in numerous dead “militants,” but also numerous dead Yemeni civilians -- and a rising tide of resentment against Washington and possibly support for AQAP.  As the Washington-Sana relationship ratchets up, meaning more U.S. boots on the ground, more CIA drones in the skies, and more attacks on AQAP, the results have been dismal indeed: only recently, the U.S. embassy in the country’s capital was temporarily closed to the public (for fear of attack), the insurgents launched a successful assault on soldiers guarding the presidential palace in the heart of that city, oil pipelines were bombed, electricity in various cities intermittently blacked out, and an incident, a claimed attempt to kidnap a CIA agent and a U.S. Special Operations commando from a Sana barbershop, resulted in two Yemeni deaths (and possibly rising local anger).  In the meantime, AQAP seems ever more audacious and the country ever less stable.  In other words, Washington’s vaunted Yemeni model has been effective so far -- if you happen to belong to AQAP.
  • One of the poorer, less resource rich countries on the planet, Yemen is at least a global backwater.  Nigeria is another matter.  With the largest economy in Africa, much oil, and much wealth sloshing around, it has a corrupt leadership, a brutal and incompetent military, and an Islamist insurgency in its poverty-stricken north that, for simple bestiality, makes AQAP look like a paragon of virtue.  The U.S. has aided and trained Nigerian “counterterrorism” forces for years with little to show.  Add in the Yemeni model with drones overhead and who knows how the situation may spin further out of control.  In response to Boko Haram’s kidnapping of 276 young women, the Obama administration has already sent in a small military team (with FBI, State Department, and Justice Department representatives included) and launched drone and "manned surveillance flights," which may prove to be just the first steps in what one day could become a larger operation.  Under the circumstances, it’s worth remembering that the U.S. has already played a curious role in Nigeria’s destabilization, thanks to its 2011 intervention in Libya.  In the chaos surrounding the fall of Libyan autocrat Muammar Qaddafi, his immense arsenals of weapons were looted and soon enough AK-47s, rocket-propelled grenades, and other light weaponry, as well as the requisite pick-up trucks mounted with machine guns or anti-aircraft guns made their way across an increasingly destabilized region, including into the hands of Boko Haram.  Its militants are far better armed and trained today thanks to post-Libyan developments.
  • All of this, writes Nick Turse, is but part of what the U.S. military has started to call the “new normal” in Africa.  The only U.S. reporter to consistently follow the U.S. pivot to that region in recent years, Turse makes clear that every new African nightmare turns out to be another opening for U.S. military involvement.  Each further step by that military leads to yet more regional destabilization, and so to a greater urge to bring the Yemeni model (and its siblings) to bear with... well, you know what effect.  Why doesn’t Washington?
  • ...1 more annotation...
  • The U.S. Military’s New Normal in Africa A Secret African Mission and an African Mission that’s No Secret By Nick Turse What is Operation New Normal? 
  • Paul Merrell on 16 May 14
     
    With the kidnaped girls in Nigeria, the lid is beginning to come off the U.S. military's pivot to Africa, with violence exacerbated by the flood of weapons flowing from Libya and lately, funding from Qatar. The Washington Post has finally noticed that blowback from our military intervention throughout Africa is occurring. But TomDispatch's Nick Turse is the only western journalist who has been nipping at AFRICOM's heels, for more than a year, with a steady flow of leaked documents and hard-hitting reporting. If you are interested in backtracking this emerging regional war the U.S. has instigated in resource-rich Africa to send the Chinese government's investments in Africa packing, do a TomDispatch site search for "nick turse".      
Paul Merrell

False Flag in Odessa » CounterPunch: Tells the Facts, Names the Names - 0 views

www.counterpunch.org/...false-flag-in-odessa

war & peace Ukraine Odessa-fire CIA false-flag

shared by Paul Merrell on 09 May 14 - No Cached
  • Photos of the victims of the Odessa fire which have been circulating on the Internet have cast doubt on the official version of events. It’s now clear that many of the anti-junta activists who occupied the Trade Unions House were neither burned to death nor died of smoke inhalation, but were savagely shot at point-blank range by agents and thugs who had infiltrated the building to kill as many of the occupants as possible, burn the corpses, and then slip away without notice. Some of the victims–like a young woman who was eight months pregnant –were strangled with an electrical chord and left slumped backwards over her desk in a room that shows no sign of fire or smoke damage. In another case, a woman was stripped naked from the waste down, raped, killed, and set ablaze. In still other cases, victims with bullet-holes through their skulls, had flammable fluid dumped on their heads and were incinerated, leaving a charred head atop a corpse whose clothes were untouched by fire. The sloppily-executed killing-spree proves that the fire was not the result of a spontaneous clash between pro and anti-Kiev demonstrators, but a carefully planned black-op that likely involved foreign Intel agencies working hand-in-hand with the fascist junta government in Kiev. Did we mention that the CIA has taken up residence in the Ukrainian capital? Here’s the scoop from the AFP:
  • “Dozens of specialists from the US Central Intelligence Agency and Federal Bureau of Investigation are advising the Ukrainian government … helping Kiev end the rebellion in the east of Ukraine and set up a functioning security structure…” (CIA, FBI agents ‘advising Ukraine government: report, AFP) We all know about the CIA’s energetic efforts to create a “functioning security structure” in nations around the world. The CIA’s presence in Ukraine suggests that the US was either actively involved in the Odessa incident or knows who was. Either way, there should be an independent investigation before the case is referred to the ICC for prosecution.
Paul Merrell

The impossible war: Isis 'cannot be beaten' as long as there is civil war in Syria - Middle East - World - The Independent - 0 views

www.independent.co.uk/...ivil-war-in-syria-9727847.html

war & peace U.S.-foreign-policy ISIL Syria Iraq Obama

shared by Paul Merrell on 17 Sep 14 - No Cached
  • A letter printed at the bottom of this article was emailed by a friend soon after her neighbourhood in Mosul was hit by Iraqi airforce bombers. This was some hours before President Barack Obama explained his plan to weaken and ultimately destroy Isis, which calls itself Islamic State, by a series of measures including air attacks. The letter illustrates graphically one of the most important reasons why American air power may be less effective than many imagine.
  • ‘The Jihadis Return: Isis and the New Sunni Uprising’ by Patrick Cockburn, published by OR Books, is available at orbooks.com
  • Letter from Mosul: Why Isis is seen as the lsser of two evilsThe bombardment was carried out by the government. The air strikes focused on wholly civilian neighbourhoods. Maybe they wanted to target two Isis bases. But neither round of bombardment found its target. One target is a house connected to a church where Isis men live. It is next to the neighbourhood generator and about 200-300 metres from our home.The bombing hurt civilians only and demolished the generator. Now we don’t have any electricity since yesterday night. Now I am writing from a device in my sister’s house, which is empty.
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  • The government bombardment did not hit any of the Isis men. Now I have just heard from a relative who visited us to check on us after that terrible night. He says that because of this bombardment, youngsters are joining Isis in tens if not in hundreds because this increases hatred towards the government, which doesn’t care about us as Sunnis being killed and targeted.Government forces went to Amerli, a Shia village surrounded by tens of Sunni villages, though Amerli was never taken by Isis. The government militias attacked the surrounding Sunni villages, killing hundreds, with help from the American air strikes.
  • Paul Merrell on 17 Sep 14
     
    The big question is whether ISIL is: [i] unintended blowback from previous arming of Sunni militants in Syria; or [ii] a ploy by the U.S. and Saudis to create grounds for U.S. military intervention in aid of ISIL to destroy the Syrian government and restore central and southern Iraq to Sunni control. All signs other than official U.S. pronouncements so far are pointing toward the latter. 
Paul Merrell

Venezuela Strengthens Ties with China, Iran, and the Caribbean | venezuelanalysis.com - 0 views

venezuelanalysis.com/11429

economic-warfare China Venezuela 10-year-plan strategic-cooperation

shared by Paul Merrell on 01 Jul 15 - No Cached
  • Venezuela and China drafted a 10-year plan for strategic cooperation yesterday as part of the China-Venezuela High-Level Joint Commission that is meeting in Caracas through Wednesday. The plan aims to advance development in both nations by deepening partnerships in diverse sectors, including manufacturing, infrastructure, telecommunications, and oil. “We are going to address the issue of ports and airports throughout the country as well as the question of electric infrastructure,” stated Venezuelan Vice-President for Planning Ricardo Menendez. “We are going to be working on the topic of telecommunications," he added, outlining plans for technological exchange in diverse areas, including providing students with digital tablets, building related factories, and constructing undersea cables to connect Venezuela with Caribbean nations. Also on the agenda are plans to expand joint oil projects as well as initiatives to kickstart Venezuela’s domestic production, particularly in the areas of cement, iron, aluminum, and paper.
  • Over the last decade, Venezuela under Chavez and Maduro has sought to strategically reorient its economy towards China, signing over 400 cooperation agreements encompassing a wide array of sectors, including energy, education, health, trade, housing, agriculture, manufacturing, infrastructure, sports, research, and cultural exchange. Since 2007, China has provided Venezuela with $45 billion in loans reportedly to finance development. In return, Venezuela exports over 600,000 barrels of oil a day to the rising economic giant. Relations between Venezuela and China were elevated to a comprehensive strategic partnership last July during a special visit by Chinese President Xi Jinping.
  • Paul Merrell on 01 Jul 15
     
    So much for the Monroe Doctrine.
Paul Merrell

The frightening promise of self-tracking pills | The Verge - 0 views

www.theverge.com/...acking-privacy-quantified-self

surveillance state pill-tracking wireless

shared by Paul Merrell on 13 Oct 15 - No Cached
  • Some morning in the future, you take a pill — maybe something for depression or cholesterol. You take it every morning. Buried inside the pill is a sand-sized grain, one millimeter square and a third of a millimeter thick, made from copper, magnesium, and silicon. When the pill reaches your stomach, your stomach acids form a circuit with the copper and magnesium, powering up a microchip. Soon, the entire contraption will dissolve, but in the five minutes before that happens, the chip taps out a steady rhythm of electrical pulses, barely audible over the body's background hum. The signal travels as far as a patch stuck to your skin near the navel, which verifies the signal, then transmits it wirelessly to your smartphone, which passes it along to your doctor. There's now a verifiable record that the pill reached your stomach.
  • This is the vision of Proteus, a new drug-device accepted for review by the Food and Drug Administration last month. The company says it's the first in a new generation of smart drugs, a new source of data for patients and doctors alike. But bioethicists worry that the same data could be used to control patients, infringing on the intensely personal right to refuse medication and giving insurers new power over patients’ lives. As the device moves closer to market, it raises a serious question: Is tracking medicine worth the risk?
  • But not everyone's convinced that the ability to track pills will be good news for patients. The right to refuse treatment is an important, fragile principle in health care. Many are worried that tracking whether a pill is being consumed will be the first step towards punishing patients that don't comply. While doctors can’t force a patient to take a pill, court orders frequently mandate treatments involving specific drug regimens.
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  • NYU bioethicist Arthur Caplan says he can imagine a judge using Proteus to enforce medication as part of a sentence: miss a pill, and your parole is revoked. "The temptation in the legal system to say, 'I can monitor you and make sure you're not a threat' is going to be huge," Caplan says. "Maybe that's good, maybe it's bad, but it's a different world than saying I consent to taking these pills." Those court orders are rare at the moment, since there’s no way to ensure a patient is taking medication outside of a controlled treatment facility — but as pill-tracking becomes easier, those measures could become much more common. That's particularly likely given the way Proteus is entering the market. The device's first partnership bundles it with Abilify, a powerful antipsychotic most commonly used to treat mood disorders, schizophrenia, and Tourette's. The most common effects are improved concentration and decreased hallucinations, but it comes with extreme side effects like increased suicide risk and a lower seizure threshold. It's most often prescribed in cases of severe mental illness, often in psychiatric institutions or as part of a court-mandated treatment program — exactly the scenarios bioethicists like Caplan are most worried about.
  • Patient's biggest protection are medical privacy laws like HIPAA, which prevent medical data from being shared with anyone outside the hospital system. That would stop your boss or your parents from using Proteus to make sure you haven't fallen behind on your anti-anxiety medication. But those laws won't keep data out of the hands of healthcare providers, and Caplan is concerned the pill could also be used to enforce compliance. Insurers might offer a discounted rate on tracked pills, then hit patients with a $100 co-pay for every treatment they miss. It's not as oppressive as a court order, but the end result would be similar.
  • Still, those concerns are unlikely to keep Proteus out of the hands of doctors. The upcoming FDA approval will focus largely on safety and efficacy, leaving the larger ethical challenges to be solved after the drug is released to doctors and patients at large. With the technology available, it will be up to the courts to decide when it’s legal and ethical to use it. As far as Proteus is concerned, the power of the technology outweighs the risks. "There are challenges with bringing digital into any sector," a company representative said. "The reason to embrace the challenge in health care is because the need is so great."
  • Paul Merrell on 13 Oct 15
     
    Let's not forget that because Congress recently decided to revive Patriot Act sect. 215, the FBI is authorized to gather medical records for foreign intelligence and anti-terrorism purposes and according to ex-NSA chief scientist William Binney, the NSA in fact collects medical records and makes them available to law enforcement agencies without a warrant or court order.  http://motherboard.vice.com/read/i-toured-stasi-hq-with-nsa-whistleblowers  One judge has found that statute unconstitutional and may rule in the next few days. A court of appeals has found that the statute did not authorize bulk collection of telephone metadata records. An Oregon federal judge ruled that the DEA cannot obtain prescription records (in part because they are medical records) without an individualized search warrant, specifically ruling against the bulk collection argument. Maybe someday someone in federal government will get a clue that medical records are not one of the "haystacks" the NSA is permitted to create.  Involuntary medical treatment is another giant legal hairball. See https://en.wikipedia.org/wiki/Involuntary_treatment   
Paul Merrell

Google Chrome Listening In To Your Room Shows The Importance Of Privacy Defense In Depth - 0 views

www.privateinternetaccess.com/...ce-of-privacy-defense-in-depth

surveillance state Google-Chrome Chromium audio-surveillance digital-surveillance

shared by Paul Merrell on 23 Jun 15 - No Cached
  • Yesterday, news broke that Google has been stealth downloading audio listeners onto every computer that runs Chrome, and transmits audio data back to Google. Effectively, this means that Google had taken itself the right to listen to every conversation in every room that runs Chrome somewhere, without any kind of consent from the people eavesdropped on. In official statements, Google shrugged off the practice with what amounts to “we can do that”.It looked like just another bug report. "When I start Chromium, it downloads something." Followed by strange status information that notably included the lines "Microphone: Yes" and "Audio Capture Allowed: Yes".
  • Without consent, Google’s code had downloaded a black box of code that – according to itself – had turned on the microphone and was actively listening to your room.A brief explanation of the Open-source / Free-software philosophy is needed here. When you’re installing a version of GNU/Linux like Debian or Ubuntu onto a fresh computer, thousands of really smart people have analyzed every line of human-readable source code before that operating system was built into computer-executable binary code, to make it common and open knowledge what the machine actually does instead of trusting corporate statements on what it’s supposed to be doing. Therefore, you don’t install black boxes onto a Debian or Ubuntu system; you use software repositories that have gone through this source-code audit-then-build process. Maintainers of operating systems like Debian and Ubuntu use many so-called “upstreams” of source code to build the final product.Chromium, the open-source version of Google Chrome, had abused its position as trusted upstream to insert lines of source code that bypassed this audit-then-build process, and which downloaded and installed a black box of unverifiable executable code directly onto computers, essentially rendering them compromised. We don’t know and can’t know what this black box does. But we see reports that the microphone has been activated, and that Chromium considers audio capture permitted.
  • This was supposedly to enable the “Ok, Google” behavior – that when you say certain words, a search function is activated. Certainly a useful feature. Certainly something that enables eavesdropping of every conversation in the entire room, too.Obviously, your own computer isn’t the one to analyze the actual search command. Google’s servers do. Which means that your computer had been stealth configured to send what was being said in your room to somebody else, to a private company in another country, without your consent or knowledge, an audio transmission triggered by… an unknown and unverifiable set of conditions.Google had two responses to this. The first was to introduce a practically-undocumented switch to opt out of this behavior, which is not a fix: the default install will still wiretap your room without your consent, unless you opt out, and more importantly, know that you need to opt out, which is nowhere a reasonable requirement. But the second was more of an official statement following technical discussions on Hacker News and other places. That official statement amounted to three parts (paraphrased, of course):
  • ...4 more annotations...
  • 1) Yes, we’re downloading and installing a wiretapping black-box to your computer. But we’re not actually activating it. We did take advantage of our position as trusted upstream to stealth-insert code into open-source software that installed this black box onto millions of computers, but we would never abuse the same trust in the same way to insert code that activates the eavesdropping-blackbox we already downloaded and installed onto your computer without your consent or knowledge. You can look at the code as it looks right now to see that the code doesn’t do this right now.2) Yes, Chromium is bypassing the entire source code auditing process by downloading a pre-built black box onto people’s computers. But that’s not something we care about, really. We’re concerned with building Google Chrome, the product from Google. As part of that, we provide the source code for others to package if they like. Anybody who uses our code for their own purpose takes responsibility for it. When this happens in a Debian installation, it is not Google Chrome’s behavior, this is Debian Chromium’s behavior. It’s Debian’s responsibility entirely.3) Yes, we deliberately hid this listening module from the users, but that’s because we consider this behavior to be part of the basic Google Chrome experience. We don’t want to show all modules that we install ourselves.
  • If you think this is an excusable and responsible statement, raise your hand now.Now, it should be noted that this was Chromium, the open-source version of Chrome. If somebody downloads the Google product Google Chrome, as in the prepackaged binary, you don’t even get a theoretical choice. You’re already downloading a black box from a vendor. In Google Chrome, this is all included from the start.This episode highlights the need for hard, not soft, switches to all devices – webcams, microphones – that can be used for surveillance. A software on/off switch for a webcam is no longer enough, a hard shield in front of the lens is required. A software on/off switch for a microphone is no longer enough, a physical switch that breaks its electrical connection is required. That’s how you defend against this in depth.
  • Of course, people were quick to downplay the alarm. “It only listens when you say ‘Ok, Google’.” (Ok, so how does it know to start listening just before I’m about to say ‘Ok, Google?’) “It’s no big deal.” (A company stealth installs an audio listener that listens to every room in the world it can, and transmits audio data to the mothership when it encounters an unknown, possibly individually tailored, list of keywords – and it’s no big deal!?) “You can opt out. It’s in the Terms of Service.” (No. Just no. This is not something that is the slightest amount of permissible just because it’s hidden in legalese.) “It’s opt-in. It won’t really listen unless you check that box.” (Perhaps. We don’t know, Google just downloaded a black box onto my computer. And it may not be the same black box as was downloaded onto yours. )Early last decade, privacy activists practically yelled and screamed that the NSA’s taps of various points of the Internet and telecom networks had the technical potential for enormous abuse against privacy. Everybody else dismissed those points as basically tinfoilhattery – until the Snowden files came out, and it was revealed that precisely everybody involved had abused their technical capability for invasion of privacy as far as was possible.Perhaps it would be wise to not repeat that exact mistake. Nobody, and I really mean nobody, is to be trusted with a technical capability to listen to every room in the world, with listening profiles customizable at the identified-individual level, on the mere basis of “trust us”.
  • Privacy remains your own responsibility.
  • Paul Merrell on 23 Jun 15
     
    And of course, Google would never succumb to a subpoena requiring it to turn over the audio stream to the NSA. The Tor Browser just keeps looking better and better. https://www.torproject.org/projects/torbrowser.html.en
Paul Merrell

The Latest US and World News - USATODAY.com - 0 views

www.usatoday.com/...70808616

surveillance state DEA phone-surveillance

shared by Paul Merrell on 08 Apr 15 - No Cached
  • The U.S. government started keeping secret records of Americans' international telephone calls nearly a decade before the Sept. 11 terrorist attacks, harvesting billions of calls in a program that provided a blueprint for the far broader National Security Agency surveillance that followed.For more than two decades, the Justice Department and the Drug Enforcement Administration amassed logs of virtually all telephone calls from the USA to as many as 116 countries linked to drug trafficking, current and former officials involved with the operation said. The targeted countries changed over time but included Canada, Mexico and most of Central and South America.Federal investigators used the call records to track drug cartels' distribution networks in the USA, allowing agents to detect previously unknown trafficking rings and money handlers. They also used the records to help rule out foreign ties to the bombing in 1995 of a federal building in Oklahoma City and to identify U.S. suspects in a wide range of other investigations.The Justice Department revealed in January that the DEA had collected data about calls to "designated foreign countries." But the history and vast scale of that operation have not been disclosed until now.
  • The now-discontinued operation, carried out by the DEA's intelligence arm, was the government's first known effort to gather data on Americans in bulk, sweeping up records of telephone calls made by millions of U.S. citizens regardless of whether they were suspected of a crime. It was a model for the massive phone surveillance system the NSA launched to identify terrorists after the Sept. 11 attacks. That dragnet drew sharp criticism that the government had intruded too deeply into Americans' privacy after former NSA contractor Edward Snowden leaked it to the news media two years ago.More than a dozen current and former law enforcement and intelligence officials described the details of the Justice Department operation to USA TODAY. Most did so on the condition of anonymity because they were not authorized to publicly discuss the intelligence program, part of which remains classified.The DEA program did not intercept the content of Americans' calls, but the records — which numbers were dialed and when — allowed agents to map suspects' communications and link them to troves of other police and intelligence data. At first, the drug agency did so with help from military computers and intelligence analysts
  • The extent of that surveillance alarmed privacy advocates, who questioned its legality. "This was aimed squarely at Americans," said Mark Rumold, an attorney with the Electronic Frontier Foundation. "That's very significant from a constitutional perspective."Holder halted the data collection in September 2013 amid the fallout from Snowden's revelations about other surveillance programs. In its place, current and former officials said the drug agency sends telecom companies daily subpoenas for international calling records involving only phone numbers that agents suspect are linked to the drug trade or other crimes — sometimes a thousand or more numbers a day.Tuesday, Justice Department spokesman Patrick Rodenbush said the DEA "is no longer collecting bulk telephony metadata from U.S. service providers." A DEA spokesman declined to comment.
  • ...6 more annotations...
  • The system they built ultimately allowed the drug agency to stitch together huge collections of data to map trafficking and money laundering networks both overseas and within the USA. It allowed agents to link the call records its agents gathered domestically with calling data the DEA and intelligence agencies had acquired outside the USA. (In some cases, officials said the DEA paid employees of foreign telecom firms for copies of call logs and subscriber lists.) And it eventually allowed agents to cross-reference all of that against investigative reports from the DEA, FBI and Customs Service.
  • The result "produced major international investigations that allowed us to take some big people," Constantine said, though he said he could not identify particular cases.
  • In 1992, in the last months of Bush's administration, Attorney General William Barr and his chief criminal prosecutor, Robert Mueller, gave the DEA permission to collect a much larger set of phone data to feed into that intelligence operation.Instead of simply asking phone companies for records about calls made by people suspected of drug crimes, the Justice Department began ordering telephone companies to turn over lists of all phone calls from the USA to countries where the government determined drug traffickers operated, current and former officials said
  • The DEA obtained those records using administrative subpoenas that allow the agency to collect records "relevant or material to" federal drug investigations. Officials acknowledged it was an expansive interpretation of that authority but one that was not likely to be challenged because unlike search warrants, DEA subpoenas do not require a judge's approval. "We knew we were stretching the definition," a former official involved in the process said.Officials said a few telephone companies were reluctant to provide so much information, but none challenged the subpoenas in court. Those that hesitated received letters from the Justice Department urging them to comply.
  • A spokesman for AT&T declined to comment. Sprint spokeswoman Stephanie Vinge Walsh said only that "we do comply with all state and federal laws regarding law enforcement subpoenas."Agents said that when the data collection began, they sought to limit its use mainly to drug investigations and turned away requests for access from the FBI and the NSA. They allowed searches of the data in terrorism cases, including the bombing of a federal building in Oklahoma City that killed 168 people in 1995, helping to rule out theories linking the attack to foreign terrorists. They allowed even broader use after Sept. 11, 2001. The DEA's public disclosure of its program in January came in the case of a man charged with violating U.S. export restrictions by trying to send electrical equipment to Iran.At first, officials said the DEA gathered records only of calls to a handful of countries, focusing on Colombian drug cartels and their supply lines. Its reach grew quickly, and by the late 1990s, the DEA was logging "a massive number of calls," said a former intelligence official who supervised the program.
  • At its peak, the operation gathered data on calls to 116 countries, an official involved in reviewing the list said. Two other officials said they did not recall the precise number of countries, but it was more than 100. That gave the collection a considerable sweep; the U.S. government recognizes a total of 195 countries.
Paul Merrell

Secret documents shine light on GCSB spying in Bangladesh - National - NZ Herald News - 0 views

www.nzherald.co.nz/...article.cfm

surveillance state war & peace NZ GCSB CIA NSA Bangladesh torture

shared by Paul Merrell on 16 Apr 15 - No Cached
  • Secret documents reveal New Zealand has shared intelligence collected through covert surveillance with Bangladesh despite that country's security forces being implicated in extrajudicial killings, torture and other human rights abuses. The documents shine light on the major role played by the Government Communications Security Bureau (GCSB) in electronic spying operations conducted in the small South Asian nation. The surveillance has been used to aid the United States as part of its global counter-terrorism campaign, launched after the September 11 attacks in 2001. The New Zealand Herald analysed the documents in collaboration with US news website The Intercept, which obtained them from the NSA whistle-blower Edward Snowden.
  • The Bangladesh spying is revealed in an April 2013 US National Security Agency (NSA) report about its relationship with New Zealand. In a section called "What Partner Provides to NSA", it says "GCSB has been the lead for the intelligence community on the Bangladesh CT [Counter-Terrorism] target since 2004." The GCSB provides "one of the key SIGINT [signals intelligence] sources of [Bangladesh counter-terrorism] reporting to the US intelligence community."
  • The intelligence gathered by the GCSB staff was also being forwarded to foreign intelligence agencies, including Bangladesh's state intelligence agency. In recent years, human rights groups have issued several reports documenting Bangladeshi intelligence and security agencies' disregard for international prohibitions on torture and alleged involvement in politically motivated killings. In 2014, a case was filed in the International Criminal Court accusing the Bangladesh Government of committing crimes against humanity. The GCSB's surveillance operations in Bangladesh are among the most surprising and obscure yet revealed. Bangladesh barely registers in New Zealand foreign policy. The Ministry of Foreign Affairs and Trade website says: "Relations between New Zealand and Bangladesh remain friendly, although interaction is limited." Nonetheless, a New Zealand government source told the Herald that Bangladesh is the main focus of one of the GCSB's four analysis sections, called ICT, and has been for over a decade. ICT, the Transnational Issues section, was set up in April 2002 in the wake of the September 11 attacks to focus on terrorism threats.
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  • The 2009 document reveals that there is a special collection site in the Bangladesh capital, Dhaka, for eavesdropping on local communications. New Zealand does not have a high commission or any other official building in Bangladesh in which to hide a covert listening post. The Snowden documents suggest the Dhaka unit may be located inside a US-controlled building with operations overseen by the NSA and the Central Intelligence Agency (CIA).
  • Green Party co-leader Russel Norman said the spy agency was "dragging" New Zealand into human rights abuses, and the Government should stop providing intelligence assistance to Bangladesh. "All three key anti-terrorism government agencies in Bangladesh have been implicated in horrendous human rights abuses, so it is impossible to guarantee that the information passed on did not lead to innocent people being killed or tortured," Dr Norman said. "John Key has always justified the GCSB on the basis that it is there to protect the good guys, but these documents reveal that it is helping the bad guys.
  • The intelligence gathered by the GCSB staff was being forwarded to foreign intelligence agencies. The April 2013 NSA report said the "GCSB's Bangladesh CT [counter terrorism] reporting provided unique intelligence leads that have enabled successful CT operations by Bangladesh State Intelligence Service, CIA and India over the past year". The specific Bangladesh "State Intelligence Service" referred to is not named in the document. Bangladesh has several agencies that focus on gathering intelligence, primarily including the Directorate General of Forces Intelligence (DGFI), the National Security Intelligence agency (NSI), and the police Special Branch. The lead agency that executes the country's counter-terrorism operations is the Rapid Action Battalion, or RAB. Each of these agencies has been accused of involvement in severe human rights abuses over a sustained number of years. In 2008, for instance, Human Rights Watch alleged that the Special Branch headquarters in Dhaka's Maghbazar neighbourhood was used to torture detainees.
  • In 2010, a trade union activist accused the NSI of arresting, torturing, and threatening to kill him. The same activist was found dead in unexplained circumstances two years later, his toes and feet broken, legs and body battered and bruised, and his legs apparently pierced with a sharp object. Bangladesh's intelligence agencies and main police and security forces co-operate closely. Most notably, they work together as part of a notorious centre called the Taskforce for Interrogation Cell, located inside a compound in northern Dhaka that is controlled by the RAB unit. In 2011, Britain's Guardian newspaper reported the interrogation cell was used as a place to extract information and confessions from "enemies of the state". It was described as a "torture centre" used for "deliberate and systematic" mistreatment of detainees. One British man detained there in 2009 on terrorism-related charges was allegedly hooded and strapped to a chair while a drill was driven into his right shoulder and hip.
  • Other torture methods used by Bangladeshi authorities, according to Human Rights Watch, have included "burning with acid, hammering of nails into toes ... electric shocks, beatings on legs with iron rods, beating with batons on backs after sprinkling sand on them, ice torture, finger piercing, and mock executions". In February last year, the US Government suspended its own support for the RAB, citing "gross violation of human rights" committed by the force's members. The same month, a case against the Bangladesh Government was lodged in the International Criminal Court, accusing the country's officials of waging a brutal campaign of "widespread or systematic" torture, killings, and other human rights abuses that amounted to crimes against humanity.
Joseph Skues

Arctic Ice in Death Spiral - Yahoo! News - 0 views

news.yahoo.com/...world3694891285019437

arctic ice permafrost warming global methane hydrates

shared by Joseph Skues on 24 Sep 10 - No Cached
  • dangerously upsetting the energy balance of the entire planet,
  • the Arctic summer sea ice cover is in a death spiral. It's not going to recover," he said.
  • ecause
  • ...40 more annotations...
  • emendous amounts of extra heat are added every summer to the region as more than 2.5 million square kilometres of the Arctic Ocean have been opened up to the heat of the 24-hour summer sun
  • takes much longer to re-freeze
  • emits huge volumes of additional heat energy into the atmosphere
  • srupting the weather patterns of the northern hemisp
  • Paradoxically, a warmer Arctic means "future cold and snowy winters will be the rule rather than the exception
  • Overland told IPS.
  • average temperatures are now three to five degrees C warmer than they were 30 years ago
  • nderway is a rapid warming of the coastal regions of the Arcti
  • f the global average temperature increases from the present 0.8 C to two degrees C, as seems likely
  • possibly eight degrees due to a series of processes and feedbacks called Arctic amplification.
  • half of the world's permafrost will likely thaw,
  • depth of a few metres,
  • eleasing most of the carbon and methane accumulated ther
  • aid Vladimir Romanovsky of the University of Alaska in Fairbanks and a world expert on permafrost.
  • 25 times more potent than carbon dioxide (CO2).
  • Methane is
  • catastrophic for human civilisatio
  • spans 13 million square kilometres of the land in Alaska, Canada, Siberia and parts of Europe
  • contains at least twice as much carbon as is currently present in the atmosphere –
  • hree times more carbon than all of the worlds' forests contain.
  • consistently across the entire region since the 1980s,
  • southernmost permafrost limit had retreated 130 kilometres over the past 50 years in Quebec’s James Bay region.
  • r by the undersea permafrost that acts as a cap over unknown quantities of methane hydrates (a type of frozen methane) along the Arctic Ocean shelf, he said.
  • eight million tonnes of methane emissions are bubbling to the surface from the shallow East Siberian Arctic shelf every year
  • If just one percent of the Arctic undersea methane reaches the atmosphere, it could quadruple the amount of methane currently in the atmosphere.
  • releasing huge amounts of global warming gases.
  • ould rapidly accelerate in a few decad
  • we could lose much of the permafros
  • because of rapid feedbacks.
  • Present pledges by governments to reduce emissions will still result in a global average temperature increase of 3.5 to 3.9 C by 2100,
  • Arctic that's 10 to 16 degrees C warme
  • asing most of the permafrost carbon and methane and unknown quantities of methane hydrates.
  • climate scientists are calling for a rapid phaseout of fossil fuels
  • still a 50-percent probability of exceeding two degrees C
  • decline three per cent per year
  • the emissions peak is delayed until 2025
  • rctic will be eight to 10 degrees warmer and the world will lose most its permafrost.
  • emperatures will rise three degrees
  • has the potential to eliminate burning coal and oil to generate electric
  • governments have the political will to fully embrace green technologies.
Joseph Skues

We're Not Broke: Congress -Here's $400 Billion In New Annual Revenue « SpeakEasy - 0 views

blogs.alternet.org/...400-billion

not broke we're congress TAXES SNYDER

shared by Joseph Skues on 08 Apr 11 - Cached
  • Congress has blown holes in our tax code, losing hundreds of billions in revenue. Worse, lawmakers have averted their eyes as corporate lobbyists drill new tax loopholes and extract new corporate welfare subsidies.
  • How else can we explain how a profitable company like General Electric pays no taxes?
  • Other huge global companies such as Verizon, Boeing, ExxonMobil, and Bank of America also pay no taxes.
  • ...11 more annotations...
  • They pretend to earn their profits offshore and then report their paper losses here in the United States–so they don’t have to pay the IRS a dime.
  • f U.S. millionaires and billionaires paid taxes based on 1961 tax rules, we would have raised an additional $231 billion in federal revenue this year.
  • By reversing years of tax giveaways to America’s rich and the corporations that enrich them, Congress could raise trillions in revenue. We could fund the public structures that safeguard our families and our future.
  • a modest financial transaction tax on the transfers of stock, currency, and speculative investments that do little to strengthen the real economy
  • reduce corporate tax dodging by closing overseas tax havens and requiring companies to pay U.S. taxes on the profits they actually earn in this country. This could generate as much as $100 billion a year.
  • new top tax rates on households with annual incomes over $1 million, which could generate another $100 billion a year.
  • a progressive estate tax on fortunes over $5 million, with higher rates on billionaire estates. That would generate $45 billion a year.
  • aking all four of these straightforward steps could raise a total of approximately $400 billion per year.
  • But that doesn’t mean we’re broke. It just means we need to get our priorities straight.
  • Originally Published in OtherWords.
  • Senior scholar at the Institute for Policy Studies where I direct the Program on Inequality and the Common Good (www.ips-dc.org/inequality). Co-founder of Wealth for the Common Good (www.wealthforcommongood.org). Co-author with Bill Gates Sr. of Wealth and Our Commonwealth: Why America Should Tax Accumulated Fortunes. Co-author with Mary Wright of The Moral Measure of the Economy.
  • Joseph Skues on 08 Apr 11
     
    Here is the proof we are well off and not broke.
Gary Edwards

Is Bank of America Headed for the Glue Factory? » Counterpunch: Tells the Facts, Names the Names - 0 views

www.counterpunch.org/...ca-headed-for-the-glue-factory

Banksters Federal-Reserve-Bankster-Cartel Bank-of-America FDIC banksters

shared by Gary Edwards on 22 Oct 11 - No Cached
  • The GAO detailed instance after instance of top executives of corporations and financial institutions using their influence as Federal Reserve directors to financially benefit their firms, and, in at least one instance, themselves….
  • The corporate affiliations of Fed directors from such banking and industry giants as General Electric, JP Morgan Chase, and Lehman Brothers pose ‘reputational risks’ to the Federal Reserve System, the report said. Giving the banking industry the power to both elect and serve as Fed directors creates ‘an appearance of a conflict of interest,’ the report added….
  • ‘If we [i.e. the World Bank] had seen a governance structure that corresponds to our Federal Reserve system, we would have been yelling and screaming and saying that country does not deserve any assistance, this is a corrupt governing structure.’” (“Non-Partisan Government Report: Federal Reserve Is Riddled with Corruption and Conflicts of Interest,” Washington’s Blog)
  • ...3 more annotations...
  • this move amounts to a direct transfer from derivatives counterparties of Merrill to the taxpayer, via the FDIC, which would have to make depositors whole after derivatives counterparties grabbed collateral.
  • This move paves the way for another TARP-style shakedown of taxpayers, this time to save depositors. No Congressman would dare vote against that. This move is Machiavellian, and just plain evil.” (Naked Capitalism)
  • Let’s say the second biggest bank in the country is starting to teeter because it’s loaded with all manner of dodgy (toxic?) derivatives that could blow up at any minute and take down the entire global financial system. Would you (a) Wait until the bombshell exploded knowing that the only choice you would then have would be to further expand the Fed’s balance sheet by another couple trillion dollars or (b) Try to sleaze the whole thing off on Uncle Sam and let the taxpayers pick up the tab?
  • Gary Edwards on 22 Oct 11
     
    Nice catch by Marbux.  A Bloomberg article explains how Bank of America is moving high risk derivatives into the coffers of a federally insured subsidiary.  Meaning, when (not if) the derivatives fail, the tax payers will get stuck with covering the losses and making the Banksters whole. The article also explains the recent GAO audit of the Federal Reserve where it was disclosed that through interlocking directories and shareholdings, the Bankster industry is in control of the Federal Reserve.  Awful, sickening stuff.  But a good catch nevertheless. excerpt: There are two things worth noting in this article. First, according to Bloomberg, "the transfers (of derivatives) are being requested by counterparties." Well, how do you like that? In other words, the investors on the other side of these contracts want Merrill to put them under an insurance umbrella provided by the FDIC. Now, why would that be? The only reason I can come up with, is that they know that a lot of these complex instruments are undercapitalized and ready to implode, so they want to make sure they get their money back any way possible. That means they need to latch on to Uncle Sam without anyone knowing about it. But, like we said, the cat is out of the bag. The other thing worth noting is that the Fed and the FDIC are at loggerheads over the matter. ("The Fed has signaled that it favors moving the derivatives to give relief to the bank holding company, while the FDIC, which would have to pay off depositors in the event of a bank failure, is objecting.") Now, that's not good at all, in fact, it's a big red flag that suggests the Fed trying to pull a fast one on the American people. One does not have to look too far for other examples of Fed misbehavior; the endless bailouts (TARP, QE1 and 2, Operation Twist, ZIRP, etc) In fact, the Fed's history is a tedious chronicle of one shifty deal after another. This is just more of the same; another gift to big finance at the public'
Paul Merrell

Amy Goodman: U.S. sailors and Marines allege Fukushima radiation sickness : Ct - 0 views

host.madison.com/...9f-5ec5-8275-ac3f6997fee0.html

environment Fukushima litigation Navy class action

shared by Paul Merrell on 24 Mar 14 - No Cached
  • Three years have passed since the earthquake and tsunami that caused the nuclear disaster at the Fukushima Daiichi nuclear power plant in Japan. The tsunami's immediate death toll was more than 15,000, with close to 3,000 still missing. Casualties are still mounting, though, both in Japan and much farther away. The impact of the Fukushima nuclear meltdown on health and the environment is severe, compounded daily as radioactive pollution continues to pour from the site, owned by the Tokyo Electric Power Company, TEPCO.In an unusual development, more than 100 U.S. Marines and Navy sailors have joined a class action suit, charging TEPCO with lying about the severity of the disaster as they were rushing to the scene to provide humanitarian assistance. They were aboard the nuclear-powered aircraft carrier USS Ronald Reagan and other vessels traveling with the Reagan, engaged in humanitarian response to the disaster. The response was dubbed "Operation Tomodachi," meaning "Operation Friendship."
  • This is the second attempt to sue TEPCO on behalf of these sailors and Marines. The first lawsuit had eight plaintiffs and was dismissed for technical reasons based on the court's lack of jurisdiction. "By June of 2013, we had 51 sailors and Marines who had contacted us with various illnesses," lead attorney Charles Bonner explained, "including thyroid cancers, testicular cancers, brain cancers, unusual uterine problems, excessive uterine bleeding, all kinds of gynecological problems, problems that you do not see in a population of 20-year-olds, 22-year-olds, 23-year-olds, even 35-year-olds. ... So, now we have filed a class action for approximately a hundred sailors." As news of the lawsuit spreads, many more will likely join in. The USS Reagan had at least 5,500 people on board when off the coast of Japan.
  • The ongoing nuclear disaster at Fukushima should serve as a warning to the world. Instead of following the wisdom of Naoto Kan, President Barack Obama is committing public funds to build the first new nuclear power plants in the United States in more than 30 years. In the wake of Fukushima, Obama's Nuclear Regulatory Commission put out talking points designed to diminish growing public concern with the safety of nuclear power plants in the U.S. NBC News obtained the NRC's internal emails instructing staff to downplay safety risks. U.S. nuclear plants are not safe. The U.S. sailors and Marines of Operation Tomodachi deserve their day in court. The U.S. public deserves an honest assessment of the grave risks of nuclear power.
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