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The European Union’s Foreign Policy Chief, Federica Mogherini, argued that the EU should improve its ties to Moscow and re-engage in diplomacy and trade as gradual steps to ease tensions and toward resolving the crisis in and about Ukraine. The EU’s Foreign Ministers will convene on January 19 to discuss the normalization of EU – Russian relations and relations between the EEU and the EU. Mogherini‘s statement followed one week after French President Francois Hollande made a similar statement on France-Inter which was drowned by the media spectacle created due to the attack on the French cartoon magazine Charlie Hebdo and related incident which occurred less than 48 hours after Hollande’s landmark statement.

Hollande stressed that the regime of sanctions against Moscow must end, and be disbanded as progress on Ukraine is being made within the Normandy Framework. That is, without direct participation of the United States and the UK. A meeting of EU foreign ministers on January 19 in Brussels will reportedly focus on a more positive approach toward Moscow and a more proactive approach with regard to solving the crisis in and about Ukraine. Mogherini said that taking into consideration a common aim of a free trade from Lisbon to Vladivosok, the EU should study the possibility of expanding trade with Russia as well as with the Eurasian Economic Union (EEU) which came into effect on January 1, 2015. Mogherini reportedly that: “There are significant interests on both sides, which may be conflicting but could serve as a basis for trade-offs and could imply a give and take approach.”

The EU Foreign Policy Chief also noted that the EU should consider reviewing joint efforts between the EU and Russia to solve problems pertaining Syria, Iraq, Libya, Iran, North Korea (DPRK) and Palestine. The Russian News agency Tass reports that Russian Prime Minister Dmitry Medvedev, for his part, stated at the Gaidar Economic Forum on Wednesday, that he hopes Moscow would be able to return relations with the European Union to normal soon. It is noteworthy that Hollande’s, during his statement on France-Inter, last week, stressed that Russian President Vladimir Putin had personally assured him that Moscow has no plans, whatsoever, to annex any part of Ukraine’s Donbass region. Russia does, however, consider the predominantly Russian-speaking regions in southern and eastern Ukraine as its sphere of interests and perceives NATO’s eastwards expansion as a threat to Russia’s security.

Optimism that the US and world powers can, after all, strike a nuclear deal with Iran by or shortly after the current November 24 deadline appeared to grow here in Washington substantially this week. Such a deal also gained a critical endorsement, one that should provide a lot of political cover to shaky Democrats, as well as voices in the US Jewish community who, in contrast to the right-wing leadership of AIPAC and other “mainstream” Jewish organizations, have long favored President Obama’s diplomatic efforts. In an interview with the Jerusalem Post, Amb. Stuart Eizenstat, who played a key role in promoting sanctions against Iran under both Jimmy Carter and Bill Clinton and who succeeded Dennis Ross as chairman of the Jerusalem-based Jewish People Policy Institute (JPPI), challenged Israeli Intelligence Minister Yuval Steinitz’s recent claim in a New York Times op-ed that the failure to reach an agreement “can be regarded a qualified success, because it would represent the integrity of an international community adhering to its principles rather than sacrificing the future of global security.”

According to Eizenstat, whose experience in Democratic foreign policy circles was described as “vast” by none other than Bill Kristol’s Weekly Standard two years ago: No deal is not a success, because it means an unrestrained use of centrifuges, the Iranian plutonium plant at Arak continuing, no intrusive inspections, no elimination of 20-percent enriched uranium, and less likelihood of eliminating weaponization. …[A deal] would not be a bouquet of roses. It has a lot of thorns in it. But the alternative is nothing but thorns. It would almost force a military reaction, which even under the best circumstances  …would set back Iran two to three years and have ripple effects that would tremendously harm Israel, such as attacks from Hezbollah.

Eizenstat’s remarks came during a week in which, according to the Wall Street Journal’s well-connected Jay Solomon, the administration has begun actively promoting a possible nuclear deal with foreign allies, key members of Congress, and former senior foreign policy officials. While administration officials insist that important gaps between Iran and the P5+1 (US, UK, France, Russia, China and Germany) remain on some key issues, it appears that last week’s meetings in Vienna made important progress. The Journal also reported that the two sides may be moving toward a compromise on one key issue that has gained a lot of attention here—the number of centrifuges (around 4,000) that Iran could keep spinning to produce low-enriched uranium under an accord.

12 August 1988  Cover, pages 10-12   Somebody7;s  listening  . . . and they don7;t give a damn about personal privacy or commercial confidence. Project 415 is a top-secret new global surveillance system. It can tap into a billion calls a year in the UK alone. Inside Duncan Campbell on how spying entered the 21st century . . .  They7;ve got it taped In the booming surveillance industry they spy on whom they wish, when they wish, protected by barriers of secrecy, fortified by billions of pounds worth of high, high technology. Duncan Campbell reports from the United States on the secret Anglo-American plan for a global electronic spy system for the 21st century capable of listening in to most of us most of the time   American, British and Allied intelligence agencies are soon to embark on a massive, billion-dollar expansion of their global electronic surveillance system. According to information given recently in secret to the US Congress, the surveillance system will enable the agencies to monitor and analyse civilian communications into the 21st century. Identified for the moment as Project P415, the system will be run by the US National Security Agency (NSA). But the intelligence agencies of many other countries will be closely involved with the new network, including those from Britain, Australia, Germany and Japan--and, surprisingly, the People7;s Republic of China. New satellite stations and monitoring centres are to be built around the world, and a chain of new satellites launched, so that NSA and its British counterpart, the Government Communications Headquarters (GCHQ) at Cheltenham, may keep abreast of the burgeoning international telecommunications traffic.

Both the new and existing surveillance systems are highly computerised. They rely on near total interception of international commercial and satellite communications in order to locate the telephone or other messages of target individuals. Last month, a US newspaper, the Cleveland Plain Dealer, revealed that the system had been used to target the telephone calls of a US Senator, Strom Thurmond. The fact that Thurmond, a southern Republican and usually a staunch supporter of the Reagan administration, is said to have been a target has raised fears that the NSA has restored domestic, electronic, surveillance programmes. These were originally exposed and criticised during the Watergate investigations, and their closure ordered by President Carter. After talking to the NSA, Thurmond later told the Plain Dealer that he did not believe the allegation. But Thurmond, a right-wing Republican, may have been unwilling to rock the boat. Staff members of the Permanent Select Committee on Intelligence said that staff were "digging into it" despite the "stratospheric security classification" of all the systems involved. The Congressional officials were first told of the Thurmond interception by a former employee of the Lockheed Space and Missiles Corporation, Margaret Newsham, who now lives in Sunnyvale, California. Newsham had originally given separate testimony and filed a lawsuit concerning corruption and mis-spending on other US government "black" projects. She has worked in the US and Britain for two corporations which manufacture signal intelligence computers, satellites and interception equipment for NSA, Ford Aerospace and Lockheed. Citing a special Executive Order signed by President Reagan. she told me last month that she could not and would not discuss classified information with journalists. But according to Washington sources (and the report in the Plain Dealer, she informed a US Congressman that the Thurmond interception took place at Menwith Hill, and that she p

A secret listening agreement, called UKUSA (UK-USA), assigns parts of the globe to each participating agency. GCHQ at Cheltenham is the co-ordinating centre for Europe, Africa and the Soviet Union (west of the Ural Mountains). The NSA covers the rest of the Soviet Union and most of the Americas. Australia--where another station in the NSA listening network is located in the outback--co-ordinates the electronic monitoring of the South Pacific, and South East Asia.

Four years before the financial collapse, Goldman Sachs executive George Herbert Walker IV had much to be thankful for. "I7;ve been fortunate to be a small part of teams leading U.S. restructurings, European privatizations, global pension management and now hedge fund and private equity investing,” he said in the annual report of a banking colossus that would soon be known as the “great vampire squid” of Wall Street. “The world,” said Walker, “just keeps getting more interesting." As the head of Goldman Sachs’ alternative investment unit, Walker’s ebullience was understandable. At the same time he was raising $100,000 for his cousin George W. Bush’s successful presidential re-election effort, the administration of another cousin, Florida Gov. Jeb Bush, returned the family favor, delivering $150 million of Florida pension money to an alternative investment fund run by Walker’s firm. Like other executives whose companies received Florida pension money, Walker is now renewing the cycle, reportedly attending in February a high-dollar fundraiser for Jeb Bush’s political committee.

Walker is not alone: He is one of 19 top fundraisers for George W. Bush -- known as “Pioneers” and “Rangers” -- whose financial firms received state business from Jeb Bush’s administration in Tallahassee. In all, an International Business Times’ review of government documents shows Jeb Bush oversaw Florida directing at least $1.7 billion of state workers’ retirement money to the financial firms of his elder brother’s major donors. As Jeb Bush oversaw the State Board of Administration (SBA) that runs Florida’s massive public pension system, the state shifted billions of dollars into higher-risk, higher-fee alternative investments, benefiting the same sector of the investment industry he would work in upon leaving office. Many of those state deals delivered returns that fell short of projections. Roughly 20 percent of that system’s 53 private investment deals during Bush’s governorship went to companies that employed his brother’s Pioneers. Those financial firms, in turn, delivered more than $5 million of campaign cash to George W. Bush, the Republican National Committee and Jeb Bush’s Republican Party of Florida. (Click here to see the full list of Bush Pioneers whose firms received Florida pension investments from Jeb Bush’s administration).

Ethics experts say the connection between Bush family donors and Florida pension deals raises questions about whether the investments were properly insulated from political influence. “If not an actual conflict of interest, these examples would provide fodder for apparent conflicts of interest,” said Common Cause Florida’s Peter Butzin. “Those folks who give … expect something in return. And if that something in return is not blatantly sending business their way or resulting in a particular vote, it most certainly is at least providing an opportunity for access, to get the foot in the door, so that they can make the case with that official.” Jeb Bush’s aides did not respond to questions from IBTimes, and Walker declined to comment for this story. Dennis MacKee, an SBA spokesperson, said the agency’s “elected Trustees do not now, nor did they during Governor Bush’s term, participate in the selection of individual investments.” MacKee’s statement conflicts with emails reviewed by IBTimes that show that, as governor, Jeb Bush was deeply involved in the state’s investment decisions, periodically brokering conversations between Florida officials and individual financial firms, including one whose top executive was a longtime Bush family donor.

It’s easy to strike a pose of cynicism when contemplating Hillary Clinton’s inevitable (and terribly imminent) presidential campaign. As a drearily soulless, principle-free, power-hungry veteran of DC’s game of thrones, she’s about as banal of an American politician as it gets. One of the few unique aspects to her, perhaps the only one, is how the genuinely inspiring gender milestone of her election will (following the Obama model) be exploited to obscure her primary role as guardian of the status quo. That she’s the beneficiary of dynastic succession – who may very well be pitted against the next heir in line from the regal Bush dynasty (this one, not yet this one) - makes it all the more tempting to regard #HillaryTime with an evenly distributed mix of boredom and contempt. The tens of millions of dollars the Clintons have jointly “earned” off their political celebrity - much of it speaking to the very globalists, industry groups, hedge funds, and other Wall Street appendages who would have among the largest stake in her presidency - make the spectacle that much more depressing (the likely candidate is pictured above with Goldman Sachs CEO Lloyd Blankfein at an event in September).

But one shouldn’t be so jaded. There is genuine and intense excitement over the prospect of (another) Clinton presidency. Many significant American factions regard her elevation to the Oval Office as an opportunity for rejuvenation, as a stirring symbol of hope and change, as the vehicle for vital policy advances. Those increasingly inspired factions include: Wall Street Politico Magazine, November 11, 2014 (“Why Wall Street Loves Hillary”):

The Israel Lobby Foreign Policy, Aaron David Miller, November 7, 2014 (“Would Hillary Be Good For the Holy Land?”):

In the spring of 2014, the Project On Government Oversight (POGO) put out the call to whistleblowers within the Department of Veterans Affairs (VA) to provide an inside perspective on the issues the Department was facing. In our 34-year history, POGO has never received as many submissions on a single issue. Nearly 800 current and former VA employees and veterans from 35 states and the District of Columbia contacted us. POGO reviewed each of the submissions, and found that concerns about the VA go far beyond long or falsified wait times for medical appointments; they extend to the quality of health care services veterans receive. A recurring and fundamental theme became clear: VA employees across the country fear they will face repercussions if they dare to raise a dissenting voice. POGO wrote a letter to Acting VA Secretary Sloan Gibson in July last year, highlighting three specific cases of current or former employees who agreed to share details about their personal experiences of retaliation.[1] In California, a VA inpatient pharmacy supervisor was placed on administrative leave and ordered not to speak out after protesting “inordinate delays” in delivering medication to patients and “refusal to comply with VHA regulations.” In one case, he said, a veteran’s epidural drip of pain control medication ran dry, and another veteran developed a high fever after he was administered a chemotherapy drug after its expiration point.

In Pennsylvania, a former VA doctor told POGO that he had been removed from clinical work and forced to spend his days in an office with nothing to do. This action occurred after he complained that, in medical emergencies, physicians who were supposed to be on call were failing or refusing to report to the hospital. The Office of Special Counsel (OSC) shared his concerns, writing “[w]e have concluded that there is a substantial likelihood that the information that you provided to OSC discloses a substantial and specific danger to public health and safety.”[2] In Appalachia, a former VA nurse told POGO she was intimidated by management and forced out of her job after she raised concerns that patients with serious injuries were being neglected. In one case she was reprimanded for referring a patient to the VA’s patient advocate after weeks of being unable to arrange transportation for a medical test to determine if he was in danger of sudden death. “Such an upsetting thing for a nurse just to see this blatant neglect occur almost on a daily basis. It was not only overlooked but appeared to be embraced,” she said. She also pointed out that there is “a culture of bullying employees….It’s just a culture of harassment that goes on if you report wrongdoing,” she said.

That culture doesn’t appear to be limited to just one or two VA clinics. Some people, including former employees who are now beyond the reach of VA management, were willing to be interviewed by POGO and to be quoted by name, but others said they contacted us anonymously because they are still employed at the VA and are worried about retaliation. One put it this way: “Management is extremely good at keeping things quiet and employees are very afraid to come forward.” This kind of fear and suppression of whistleblowers who report wrongdoing often culminates in the larger problems, as the VA is currently experiencing. By now it is well known that employees who recently raised concerns about veteran wait times faced reprisal. But whistleblower retaliation in the VA is nothing new. In 1992 a congressional report detailed the experiences of VA employees who were harassed or fired after reporting problems.[3] Throughout the 1990s there were several congressional hearings conducted on the quality of care at VA hospitals and on reprisal against VA employees who exposed inadequate care.[4] Despite then-Secretary Togo D. West’s declaration that such reprisals would not be tolerated, a House hearing in 1999 found that the reprisal problems still existed.[5] A Government Accountability Report from 2000 found that many VA employees were unaware of their rights to protections against retaliation for blowing the whistle on wrongdoing.[6] The report also found that the majority of employees feared retaliation and were therefore unwilling to report misconduct.

A​ military judge has rejected a request for war court intervention in the healthcare of an alleged 9/11 plotter who, according to his lawyer, still suffers from wounds inflicted at a CIA “black site” where agents subjected him to rectal rehydration.Army Col. James L. Pohl wrote in a two-page order released by the Pentagon Friday that the court “does not have the authority to address issues concerning medical care.” It was dated March 10.In February, the attorney for Saudi captive Mustafa al Hawsawi asked the judge to intervene in the case, referring to a recently released portion of the Senate Intelligence Committee7;s “Torture Report,” and saying that the 46-year-old man had been rectally abused while in CIA custody — and that he continues to bleed now, at least eight years later. “Some would call that sodomy,” said attorney Walter Ruiz, adding that “those acts caused longstanding chronic medical conditions that have yet to be resolved.”

Hawsawi is accused of helping the Sept. 11 hijackers with travel and money. He is awaiting a death-penalty trial with the alleged mastermind, Khalid Sheik Mohammed, and three others, all of whom were subjected to “enhanced interrogation techniques” before they got to Guantánamo in September 2006.Hawsawi has sat on a pillow over years of pretrial hearings. The February hearing was the first time that Ruiz was permitted to explain it under a loosening of censorship at the court that lets lawyers talk about the released, redacted 524-page portion of the 6,200-page Senate report.Guantánamo’s prison spokesmen say war-on-terror captives get the same level of medical care as U.S. service members.Ruiz specifically cited a reference to an investigation of allegations that CIA agents conducted medically unnecessary rectal exams with excessive force on two detainees, one of them Hawsawi, who afterward suffered an anal fissure, rectal prolapse and hemorrhoids.　

Ruiz said that guards sometimes find blood in Hawsawi’s clothes. The lawyer asked the judge to order prison legal and medical staff to speak with him, as Hawsawi’s healthcare proxy, and to let him see Hawsawi’s secret medical records. Prosecutors urged the Army judge to stay out of the issue. “No doctor should be treating with a lawyer looking over his shoulder,” said federal attorney Ed Ryan.The Sept. 11 hearings are in recess until April 20.

The Pentagon’s top two leaders on Tuesday decried as “outrageous” an Army judge’s nine-month-old ban on female guards touching the five alleged 9/11 conspirators as they move them to and from court and legal meetings.Secretary of Defense Ash Carter and Gen. Joseph Dunford Jr., chairman of the joint chiefs of staff, criticized the ban in response to a question from New Hampshire Sen. Kelly Ayotte during a Senate Armed Services Committee hearing in Washington, D.C. Ayotte and two other GOP senators visited the prison Friday, and said they met with female guards upset by the restriction.

“I think it is counter to the way we treat service members, including women service members, and outrage is a very good word for it,” Carter said, incorrectly attributing the ban to a federal judge — not the chief of the war court judiciary, Army Col. James L. Pohl.The five alleged Sept. 11 plotters complained through their lawyers last year that Islamic and traditional doctrine require they have no physical contact with women other than family members. They claimed that, until a year ago, prison commanders had provided the religious accommodation of not being touched by female soldiers.

Pentagon-paid U.S. defense attorneys got Pohl to issue an emergency, temporary restraining order against the use of female guards in January, pending testimony and legal arguments on the subject.As it happens, Pohl has listed the ban on this week’s docket for pretrial hearings in the case of the five men facing a joint death-penalty trial as the alleged plotters of the Sept. 11, 2001, terror attacks. Whether it would actually be heard, however, was unclear because the majority of the current session’s 40-item agenda has been sidelined by one alleged plotter’s interest in functioning as his own defense attorney.

Israeli military exports this year could decline to just 53% of their level in 2012 and “less desire for Israeli-made products” is a key factor, according to a letter from Israel’s four largest military companies. Industry leaders are warning that military exports have steadily fallen since they reached $7.5bn in 2012. Sales in 2014 decline to $5.5bn and could drop to as low as $4bn this year, according to media reports about the letter. The Boycott, Divestment and Sanctions (BDS) movement has been running highly visible campaigns against military trade with Israel that have seen 12 banks and pension funds exclude Israeli arms company Elbit Systems from their investment portfolio. Israeli owned arms factories have been blockaded, and a growing number of political parties and trade unions have called for an end to military ties with Israel. The governments of Norway and Turkey have both announced military embargo policies against Israel in recent years.

During Israel’s 2014 Gaza massacre, the Spanish government announced a temporary freeze on arms exports to Israel, the USA temporarily withheld arms shipments, and the UK government came close to taking similar steps as calls for a military embargo on Israel took centre stage in the debate over Israel’s crimes.

A Senate security officer stepped out of the December chill last year and delivered envelopes marked “Top Secret” to the Pentagon, the C.I.A., the State Department and the Justice Department. Inside each packet was a disc containing a 6,700-page classified report on the C.I.A.’s secret prison program and a letter from Senator Dianne Feinstein, urging officials to read the report to ensure that the lessons were not lost to time. Today, those discs sit untouched in vaults across Washington, still in their original envelopes. The F.B.I. has not retrieved a copy held for it in the Justice Department’s safe. State Department officials, who locked up their copy and marked it “Congressional Record — Do Not Open, Do Not Access” as soon as it arrived, have not read it either. Continue reading the main story Related Coverage document The Senate Committee’s Report on the C.I.A.’s Use of TortureDEC. 9, 2014 Panel Faults C.I.A. Over Brutality and Deceit in Terrorism InterrogationsDEC. 9, 2014 Senate Votes to Turn Presidential Ban on Torture Into LawJUNE 16, 2015 Outside Psychologists Shielded U.S. Torture Program, Report FindsJULY 10, 2015 Nearly a year after the Senate released a declassified 500-page summary of the report, the fate of the entire document remains in limbo, the subject of battles in the courts and in Congress. Until those disputes are resolved, the Justice Department has prohibited officials from the government agencies that possess it from even opening the report, effectively keeping the people in charge of America’s counterterrorism future from reading about its past. There is also the possibility that the documents could remain locked in a Senate vault for good.

In a letter to Attorney General Loretta E. Lynch last week, Ms. Feinstein, a California Democrat, said the Justice Department was preventing the government from “learning from the mistakes of the past to ensure that they are not repeated.”Although Ms. Feinstein is eager to see the document circulated, the Senate is now under Republican control. Her successor as head of the Intelligence Committee, Senator Richard M. Burr of North Carolina, has demanded that the Obama administration return every copy of the report. Mr. Burr has declared the report to be nothing more than “a footnote in history.”It was always clear that the full report would remain shielded from public view for years, if not decades. But Mr. Burr’s demand, which means that even officials with top security clearances might never read it, has reminded some officials of the final scene of “Raiders of the Lost Ark,” when the Ark of the Covenant is put into a wooden crate alongside thousands of others in a government warehouse of secrets.

The full report is not expected to offer evidence of previously undisclosed interrogation techniques, but the interrogation sessions are said to be described in great detail. The report explains the origins of the program and names the officials involved. The full report also offers details on the role of each agency in the secret prison program.The Justice Department, which played a central role in approving the interrogation methods, has even prohibited its own officials from reading the full report.“The Department of Justice was among those parts of the executive branch that were misled about the program, and D.O.J. officials’ understanding of this history is critical to its institutional role going forward,” Ms. Feinstein wrote to the Justice Department last week in a letter she signed with Senator Patrick J. Leahy of Vermont, the top Democrat on the Judiciary Committee.In court, Justice Department lawyers have agreed with Mr. Burr’s contention that the document belongs to Congress. As evidence, they point to an agreement between the C.I.A. and the Senate as the Intelligence Committee began its lengthy investigation. The Senate was under Democratic control at the time.

Stop the presses! According to a new poll by Quinnipiac University on Tuesday, Sen. Bernie Sanders (I-Vt.) destroys Republican candidate Donald Trump in a general election by 13 percentage points. In this new poll, Sanders has 51 percent to Trump7;s 38 percent. If this margin held in a general election, Democrats would almost certainly regain control of the United States Senate and very possibly the House of Representatives.ADVERTISEMENTIt is high time and long overdue for television networks such as CNN to end their obsession with Trump and report the all-important fact that in most polls, both Hillary Clinton and Sanders would defeat Trump by landslide margins. In the new Quinnipiac poll, Clinton would defeat Trump by 7 percentage points, which is itself impressive and would qualify as a landslide, while the Sanders lead of 13 points would bring a landslide of epic proportions.It is noteworthy that in this Quinnipiac poll, Sanders runs so much stronger than Clinton against Trump. It is also noteworthy and important that both Sanders and Clinton run so far ahead of Trump in general election match-up polling. And it is profoundly important and revealing that Sanders would defeat Trump by such a huge margin — 13 points in this poll — that analysts would be talking about a national political realignment and new progressive era in American history if an enlightened candidate such as Sanders would defeat a retrograde race-baiting candidate such as Trump by a potentially epic and historic margin.

It is time for the mainstream media to end their obsession with Trump and their virtual news blackout of the Sanders campaign when discussing presidential campaign polling.

As the year closes, Palestine’s Boycott, Divestment and Sanctions National Committee (BNC), the broad coalition that backs the BDS movement, is pointing out some of the successes of the last 12 months:

Criticism of US government leniency on Wall Street legal transgressions is now being covered widely - even by trade publications such as the National Mortgage Professional Magazine. On January 18, the trade publication ran an article about Sen. Elizabeth Warren (D-Massachusetts) condemning the most recent US government settlement with a "too-big-to-fail" financial firm, in this case Goldman Sachs, for illegal abuse of the mortgage market: Sen. Warren used her Facebook page to denounce the agreement, noting that the settlement sum was “barely a fraction of the billions investors lost” while arguing that Goldman Sachs was not properly penalized for its actions. “That’s not justice – it’s a white flag of surrender,” she wrote. “It’s time to end this farce. These companies think they’re above the law – and too many government officials go along with them. A first step would be to pass the bipartisan Truth in Settlements Act to shine more light on these backroom deals. A second step would be to get government officials who have the backbone to fight back.” Warren’s comments were echoed by the nonprofit U.S. Public Interest Research Group (U.S. PIRG).

The publication, which is geared toward professionals in the mortgage industry, also tellingly noted, "In announcing the [$5.1 billion] settlement, Goldman Sachs made no admission of guilt or error, and no executive from the New York-based financial giant will face criminal or civil charges."  As we have noted in this space many times, the seemingly large financial penalties levied on Wall Street firms for illegal activity are not so large, in the context of those firms7; budgets: The fines are generally less than the revenue that the firms generated by engaging in the often fraudulent practices in the first place. As The Huffington Post noted in a report on the recent settlement,  About $2.4 billion of the settlement is in the form of a government penalty. The bank has said that it securitized about $125 billion of home loans between 2005 and 2008, of which about $23 billion eventually soured. The penalty represents about 10 percent of investors’ losses. Goldman can deduct the rest of the settlement, about $2.7 billion, from its future tax bills, according to a person familiar with the accord. The bank said the settlement will reduce its fourth-quarter profit by about $1.5 billion. It reports earnings next week.

Goldman Sachs is being let off the hook for 90 percent of the investor losses for which it was primarily responsible. Furthermore, as is consistent with past settlements with Wall Street firms by the Department of Justice and other executive agencies, much of the fine is tax-deductible. As BuzzFlash has noted before, this rewards Wall Street financial companies by allowing them to factor in settlements with the government for illegal behavior as nothing more than the cost of doing business. Former Attorney General Eric Holder, who left office last year to resume a six-figure-salary partnership at the DC corporate law firm of Covington & Burling (which defends many of the firms that Holder was responsible for prosecuting as attorney general), infamously stated to a US Senate committee in March of 2013: I am concerned that the size of some of these institutions becomes so large that it does become difficult for us to prosecute them when we are hit with indications that if we do prosecute - if we do bring a criminal charge - it will have a negative impact on the national economy, perhaps even the world economy.  Apparently, under current Attorney General Loretta Lynch, that legal exemption for too-big-to-fail financial firms and their executives has not changed.

Indictment Looms For Hillary As FBI Declares 22 Home-Server Emails “Top Secret” The leaking of the Clinton emails has been compared to as the next “Watergate”. By ZeroHedge.com | January 30, 2016 Share this article! targ

The State Department will release more emails from Clinton’s time as secretary of state later Friday. But The Associated Press has learned that 7 email chains are being withheld in full for containing “top secret” material. The 37 pages include messages recently described by a key intelligence official as concerning so-called “special access programs” — a highly restricted subset of classified material that could point to confidential sources or clandestine programs like drone strikes or government eavesdropping. Department officials wouldn’t describe the substance of the emails, or say if Clinton had sent any herself. Spokesman John Kirby tells the AP that no judgment on past classification was made. But the department is looking into that, too.

For those that Clinton only read, and didn’t write or forward, she still would have been required to report classification slippages that she recognized. Possible responses for classification infractions include counseling, warnings or other action, State Department officials said, though they declined to say if these applied to Clinton or senior aides who’ve since left the department. The officials weren’t authorized to speak on the matter and spoke on condition of anonymity. However, as we previously noted, the implications are tough for The DoJ – if they indict they crush their own candidate’s chances of the Presidency, if they do not – someone will leak the details and the FBI will revolt… The leaking of the Clinton emails has been compared to as the next “Watergate” by former U.S. Attorney Joe DiGenova this week, if current FBI investigations don’t proceed in an appropriate manner. The revelation comes after more emails from Hilary Clinton’s personal email have come to light. “[The investigation has reached] a critical mass,” DiGenova told radio host Laura Ingraham when discussing the FBI’s still pending investigation. Though Clinton is still yet to be charged with any crime, DiGenova advised on Tuesday that changes may be on the horizon. The mishandling over the classified intelligence may lead to an imminent indictment, with DiGenova suggesting it may come to a head within 60 days.

After seven years of benefiting from the greatest transfer of wealth in history, the U.S. banking industry topped it off with record profits in 2015. The Great Fleecing may have reached its height just as the scheme known as Quantitative Easing ran out of gas. The U.S. banking industry earned net income of $163.63 billion in 2015, the highest net income of any year in the SNL bank regulatory database, which dates back to 1991… The largest four banks, JPMorgan Chase Bank NA, Bank of America NA, Wells Fargo Bank NA and Citibank NA together earned 42.7% of the industry’s income in 2015.

Fresh off a second-place primary finish in New Hampshire, Republican presidential candidate John Kasich has come under more scrutiny, particularly for donations to his PAC New Day for America made by two fund managers who made billions for George Soros. Scott Bessent and Stanley Druckenmiller contributed $588,375 to the Ohio governor’s “soft money” fund, according to Federal Election Commission records.Druckenmiller donated a total of $103,375 to Jeb Bush’s Super PAC Right to Rise and $100,000 to America Leads, a PAC supporting New Jersey Governor Chris Christie, who dropped out of the race after a poor showing in Tuesday’s primary.Bessent was Soros’s chief investment manager until December of last year, while Stanley Druckenmiller manages a $4.5 billion hedge fund in which $2 billion of Soros’ money is invested.

Druckenmiller was lead fund manager for Soros from 1998 to 2000, and together they “broke” the Bank of England in 1992 when Soros dumped £10 billion, leading to the currency’s devaluation and $1 billion in profit for him.Ohio Governor John Kasich came in second in the New Hampshire primary with 15.8 percent of the vote, edging out Ted Cruz with 11.7, but falling well-behind Donald Trump’s 35.3.Kasich spent 18 years in Congress before becoming a managing director for Lehman Brothers from 2001 until their collapse in 2008. He also hosted a program for the Fox News Channel.These donations have been getting a lot of attention because Soros is usually known for his support of Democratic candidates and progressive causes.

A group of Palestinians and Palestinian Americans are seeking $34.5 billion dollars in damages from wealthy individuals and companies they accuse of financing and profiting from Israel’s settlements in the occupied West Bank and other abuses of their rights. The plaintiffs include Palestinians who have lost family members in Israeli attacks in the West Bank and Gaza Strip. Their lawsuit is the latest effort to expose and curb the role of organizations that operate as tax-exempt US charities in fueling violence and settlement expansion on occupied Palestinian land. It names as defendants US tycoons Sheldon Adelson, Haim Saban, Irving Moskowitz and Oracle founder Lawrence Ellison.

Adelson is renowned for using his huge casino fortune to advance his pro-Israel political agenda and is a major financial backer of both Israeli Prime Minister Benjamin Netanyahu and the US Republican Party. Saban has donated millions of dollars to US Democratic Party presidential hopeful Hillary Clinton. Moskowitz is one of the main financiers of settler efforts to force Palestinians out of their homes in occupied East Jerusalem. The lawsuit also names Israeli diamond magnate and settlement builder Lev Leviev and Christians United for Israel founder, the US Evangelical pastor John Hagee. Twelve US-based charities and a number of Israeli and US corporations are also named as defendants. The charities include Friends of the Israel Defense Forces, The Hebron Fund and Christian Friends of Israeli Communities.

The plaintiffs, represented by the law firm Martin McMahon and Associates, allege that the defendants are directly responsible for violence and for the expansion of settlements. The lawsuit, filed in a Washington, DC, federal court on Monday, alleges a wide range of crimes under US and international law, including genocide, war crimes and crimes against humanity, conspiracy, money laundering, racketeering, perjury and pillage. It alleges that charitable donations are sent to the Israeli army, a violation of US laws against funding a foreign military. Last December, some of the same plaintiffs using the same law firm sued the US Treasury for allowing billions of dollars of tax-exempt donations to flow to Israeli settlements. This lawsuit targets those who are supplying the money. Several are powerful billionaires who the lawsuit contends have defrauded the US tax authorities by funnelling huge sums of money meant for illegal purposes through tax-exempt organizations. According to the lawsuit, approximately $1 billion is sent through these organizations each year, with $104 million going to the Israeli army in 2014.

France has invoked an EU treaty collective defense article requesting military help from its European partners in response to the terror attacks in Paris. EU officials say the mutual defense article is being used for the first time.

The assistance would come from 28 European partners under Article 42.7 of the EU’s Lisbon Treaty, which outlines mutual defense among the EU members. Called the ‘mutual defense clause’, the Article reads that if any EU country “is the victim of armed aggression on its territory, the other Member States shall have towards it an obligation of aid and assistance by all the means in their power, in accordance with Article 51 of the United Nations Charter.”

Speaking at a press conference in Brussels on Tuesday, French Defense Minister Jean-Yves Le Drian said all 28 EU member states unanimously accepted France7;s formal call for “aid and assistance” under the EU treaty and he expected all to help quickly in various regions, Reuters reports.“This is firstly a political act,” Le Drian said of the decision to invoke article on mutual defense of the EU treaty.The minister said France at this time does not have sufficient capabilities to wage several different military operations simultaneously, and expects full military support from its European partners.

When the National Security Agency’s bulk collection of records about Americans’ emails came to light in 2013, the government conceded the program’s existence but said it had shut down the effort in December 2011 for “operational and resource reasons.” While that particular secret program stopped, newly disclosed documents show that the N.S.A. had found a way to create a functional equivalent. The shift has permitted the agency to continue analyzing social links revealed by Americans’ email patterns, but without collecting the data in bulk from American telecommunications companies — and with less oversight by the Foreign Intelligence Surveillance Court.

The disclosure comes as a sister program that collects Americans’ phone records in bulk is set to end this month. Under a law enacted in June, known as the U.S.A. Freedom Act, the program will be replaced with a system in which the N.S.A. can still gain access to the data to hunt for associates of terrorism suspects, but the bulk logs will stay in the hands of phone companies.The newly disclosed information about the email records program is contained in a report by the N.S.A.’s inspector general that was obtained by The New York Times through a lawsuit under the Freedom of Information Act. One passage lists four reasons that the N.S.A. decided to end the email program and purge previously collected data. Three were redacted, but the fourth was uncensored. It said that “other authorities can satisfy certain foreign intelligence requirements” that the bulk email records program “had been designed to meet.”The report explained that there were two other legal ways to get such data. One was the collection of bulk data that had been gathered in other countries, where the N.S.A.’s activities are largely not subject to regulation by the Foreign Intelligence Surveillance Act and oversight by the intelligence court. Because of the way the Internet operates, domestic data is often found on fiber optic cables abroad.

The N.S.A. had long barred analysts from using Americans’ data that had been swept up abroad, but in November 2010 it changed that rule, documents leaked by Edward J. Snowden have shown. The inspector general report cited that change to the N.S.A.’s internal procedures.The other replacement source for the data was collection under the FISA Amendments Act of 2008, which permits warrantless surveillance on domestic soil that targets specific noncitizens abroad, including their new or stored emails to or from Americans.“Thus,” the report said, these two sources “assist in the identification of terrorists communicating with individuals in the United States, which addresses one of the original reasons for establishing” the bulk email records program.