Skip to main content

Home/ Socialism and the End of the American Dream/ Group items matching "Summers" in title, tags, annotations or url

Group items matching
in title, tags, annotations or url

Sort By: Relevance | Date Filter: All | Bookmarks | Topics Simple Middle
Gary Edwards

Larry Summers and the Secret "Bankster End Game" Memo : http://goo.gl/wDhDhL - 1 views

news.google.com/?ar=1379450048

banksters Larry-Summers Federal-Reserve-Bankster-Cartel financial-collapse

shared by Gary Edwards on 17 Sep 13 - No Cached
  • Gary Edwards on 17 Sep 13
     
    Diigo is screwing up the URL AGAIN!!!!! WTF!!! The correct title is "Larry Summers and the Secret "End-Game" Memo :: http://goo.gl/wDhDhL From the marbux treasure trove of truth we have financial expert Greg Palast describing how the Banksters engineered the 2008 World Financial Collapse. Greg names names, sighting an important 1997 memo signed by then Deputy Treasury Secretary, Larry Summers. The memo describes the Banksters "end game", and authorizes pulling the trigger on a process of forcing the world's financial institutions to accept the game of derivative roulette where high risk financial schemes and casino bets had to be accepted as "financial assets". Good story and as from everything I know, the absolute truth. Read it carefully because these same Banksters control the Obama Administration and seek to continue the great shakedown. One item of note is the recent resignation of Larry Summers as Obama nominee to head the Federal Reserve Bankster Cartel. Summers is one of the architects of the 2008 financial collapse, but is seen be Wall Street as hesitant to continue with the current Bernake flooding of the money markets with $85 Billion per month in freshly minted paper. Even the hint of rolling back the Bankster bailout a bit is enough to do in Summers. alternative Fed Banster Czar Janette Yellin promises to up the $85 Billion monthly bailout, and Wall Street celebrated with a near doubling of trades. We're so screwed! We started the "Socialism and the End of the American Dream" Diigo group in September of 2008 as an effort to understand the financial collapse. In this short article, Greg Palast summarizes the story and places the important facts on the table for all to see. Pray with me for his health and safety. excerpt: "The year was 1997.  US Treasury Secretary Robert Rubin was pushing hard to de-regulate banks.  That required, first, repeal of the Glass-Steagall Act to dismantle the barrier between commercial ba
  • Paul Merrell on 18 Sep 13
     
    Related link: Summers Withdraws From Consideration for Fed Chairmanship, http://www.bloomberg.com/news/2013-09-15/obama-said-he-accepted-Summers-decision-to-withdraw-his-name.html
  • Gary Edwards on 19 Sep 13
     
    From the marbux treasure trove of truth we have financial expert Greg Palast describing how the Banksters engineered the 2008 World Financial Collapse. Greg names names, sighting an important 1997 memo signed by then Deputy Treasury Secretary, Larry Summers. The memo describes the Banksters "end game", and authorizes pulling the trigger on a process of forcing the world's financial institutions to accept the game of derivative roulette where high risk financial schemes and casino bets had to be accepted as "financial assets". Good story and as from everything I know, the absolute truth. Read it carefully because these same Banksters control the Obama Administration and seek to continue the great shakedown. One item of note is the recent resignation of Larry Summers as Obama nominee to head the Federal Reserve Bankster Cartel. Summers is one of the architects of the 2008 financial collapse, but is seen be Wall Street as hesitant to continue with the current Bernake flooding of the money markets with $85 Billion per month in freshly minted paper. Even the hint of rolling back the Bankster bailout a bit is enough to do in Summers. alternative Fed Banster Czar Janette Yellin promises to up the $85 Billion monthly bailout, and Wall Street celebrated with a near doubling of trades. We're so screwed! We started the "Socialism and the End of the American Dream" Diigo group in September of 2008 as an effort to understand the financial collapse. In this short article, Greg Palast summarizes the story and places the important facts on the table for all to see. Pray with me for his health and safety. excerpt: "The year was 1997.  US Treasury Secretary Robert Rubin was pushing hard to de-regulate banks.  That required, first, repeal of the Glass-Steagall Act to dismantle the barrier between commercial banks and investment banks.  It was like replacing bank vaults with roulette wheels. Second, the banks wanted the right to play a new high-risk game:  "d
Paul Merrell

The Money Changers Serenade: A New Bankers' Plot to Steal Your Deposits | Global Research - 0 views

www.globalresearch.ca/...5359018

banksters fraud electronic-currency Summers

shared by Paul Merrell on 25 Nov 13 - No Cached
  • Writing in the Wall Street Journal (“Confessions of a Quantitative Easer,” November 11, 2013), Andrew Huszar confirms my explanation to be the correct one. Huszar is the Federal Reserve official who implemented the policy of QE. He resigned when he realized that the real purposes of QE was to drive up the prices of the banks’ holdings of debt instruments, to provide the banks with trillions of dollars at zero cost with which to lend and speculate, and to provide the banks with “fat commissions from brokering most of the Fed’s QE transactions.” (See: www.paulcraigroberts.org) This vast con game remains unrecognized by Congress and the public. At the IMF Research Conference on November 8, 2013, former Treasury Secretary Larry Summers presented a plan to expand the con game. Summers says that it is not enough merely to give the banks interest free money. More should be done for the banks. Instead of being paid interest on their bank deposits, people should be penalized for keeping their money in banks instead of spending it. To sell this new rip-off scheme, Summers has conjured up an explanation based on the crude and discredited Keynesianism of the 1940s that explained the Great Depression as a problem caused by too much savings. Instead of spending their money, people hoarded it, thus causing aggregate demand and employment to fall.
  • Summers says that today the problem of too much saving has reappeared. The centerpiece of his argument is “the natural interest rate,” defined as the interest rate at which full employment is established by the equality of saving with investment. If people save more than investors invest, the saved money will not find its way back into the economy, and output and employment will fall. Summers notes that despite a zero real rate of interest, there is still substantial unemployment. In other words, not even a zero rate of interest can reduce saving to the level of investment, thus frustrating a full employment recovery. Summers concludes that the natural rate of interest has become negative and is stuck below zero. How to fix this? The way to fix it, Summers says, is to charge people for saving money. To avoid the charges, people would spend the money, thus reducing savings to the level of investment and restoring full employment. Summers acknowledges that the problem with his solution is that people would take their money out of banks and hoard it in cash holdings. In other words, the cash form of money provides consumers with a freedom to save that holds down consumption and prevents full employment. Summers has a fix for this: eliminate the freedom by imposing a cashless society where the only money is electronic. As electronic money cannot be hoarded except in bank deposits, penalties can be imposed that force unproductive savings into consumption.
  • for Summers, the plight of the consumer is not the problem. The problem is the profits of the banks. Summers has the solution, and the establishment, including Paul Krugman, is applauding it. Once the economy officially turns down again, watch out.
  • Paul Merrell on 25 Nov 13
     
    Paul Craig Roberts exposes Larry Summers formula for the banksters to grab money from everyone: eliminate all but electronic-currency and penalize savings. Not mentioned by Roberts, but much of the infrastructure for this is already in place. For example, late last year all recipients of Social Security and VA benefit checks were notified that after March 1, 2013, they would be in violation of the law if they continued to receive paper checks. They were required to enroll in approved electronic deposit programs, all of which are offered by banks. Until about two years ago, people could merely state in writing that they didn't want it and could continue receiving paper checks. But Congress closed that loophole.  (I remain out of compliance.) Debit card is now mandatory, although they have not yet enacted penalties for non-compliance.  So the banksters now get the "float" on virtually all federal SS and VA benefit payments until spent. That's as opposed to the prior Treasury Department drafts whose funds were not in the banking system.   More to the point, the web portal for the federal "Go Direct" program to sign up for direct deposit is in place and debugged. It wouldn't take much beyond a bigger data set to issue debit cards for everyone in the U.S. during a transition to a cashless economy.  The Constitution says gold and silver only for payment of debts; paper currency paved the way for financial abuse of the economy by banksters. Now Summers wants to do away with cash entirely in favor of digital currency with penalties for saving? My life savings must be surrendered to a bank so I can be penalized for saving? And of course moving to all-digital currency would give the spy agencies a much more detailed record of your purchases to work with. The location where you bought that last cup of coffee is instantly available to the NSA? Gimme a break!    
Gary Edwards

Larry Summers and the Secret End Game Memo - by Greg Palast | Investigative Reporter - 1 views

www.gregpalast.com/s-and-the-secret-end-game-memo

Banksters WTO Federal-Reserve-Bankster-Cartel New-World-Order Globalist-Elites

shared by Gary Edwards on 02 Oct 13 - No Cached
  • Gary Edwards on 02 Oct 13
     
    excerpt: "The year was 1997.  US Treasury Secretary Robert Rubin was pushing hard to de-regulate banks.  That required, first, repeal of the Glass-Steagall Act to dismantle the barrier between commercial banks and investment banks.  It was like replacing bank vaults with roulette wheels. Second, the banks wanted the right to play a new high-risk game:  "derivatives trading."  JP Morgan alone would soon carry $88 trillion of these pseudo-securities on its books as "assets." Deputy Treasury Secretary Summers (soon to replace Rubin as Secretary) body-blocked any attempt to control derivatives. But what was the use of turning US banks into derivatives casinos if money would flee to nations with safer banking laws? The answer conceived by the Big Bank Five:  eliminate controls on banks in every nation on the planet - in one single move.    It was as brilliant as it was insanely dangerous. How could they pull off this mad caper?  The bankers' and Summers' game was to use the Financial Services Agreement, an abstruse and benign addendum to the international trade agreements policed by the World Trade Organization. Until the bankers began their play, the WTO agreements dealt simply with trade in goods-that is, my cars for your bananas.  The new rules ginned-up by Summers and the banks would force all nations to accept trade in "bads" - toxic assets like financial derivatives. Until the bankers' re-draft of the FSA, each nation controlled and chartered the banks within their own borders.  The new rules of the game would force every nation to open their markets to Citibank, JP Morgan and their derivatives "products." And all 156 nations in the WTO would have to smash down their own Glass-Steagall divisions between commercial savings banks and the investment banks that gamble with derivatives. The job of turning the FSA into the bankers' battering ram was given to Geithner, who was named Ambassador to the World Trade Organization. "
  • Paul Merrell on 02 Oct 13
     
    Greg Palast does good work. I'm reminded of a passage from Carl Oglesby's The Yankee and Cowboy War where he argued rather convincingly that conspiracy is the norm rather than the exception at the boundary line between government and big business.
Paul Merrell

Amend the Federal Reserve: We Need a Central Bank that Serves Main Street | Global Research - 0 views

www.globalresearch.ca/...5360637

banksters federal-reserve Federal-Reserve-reform

shared by Paul Merrell on 11 Dec 13 - No Cached
  • December 23rd marks the 100th anniversary of the Federal Reserve. Dissatisfaction with its track record has prompted calls to audit the Fed and end the Fed.  At the least, Congress needs to amend the Fed, modifying the Federal Reserve Act to give the central bank the tools necessary to carry out its mandates. The Federal Reserve is the only central bank with a dual mandate. It is charged not only with maintaining low, stable inflation but with promoting maximum sustainable employment. Yet unemployment remains stubbornly high, despite four years of radical tinkering with interest rates and quantitative easing (creating money on the Fed’s books). After pushing interest rates as low as they can go, the Fed has admitted that it has run out of tools. At an IMF conference on November 8, 2013, former Treasury Secretary Larry Summers suggested that since near-zero interest rates were not adequately promoting people to borrow and spend, it might now be necessary to set interest at below zero. This idea was lauded and expanded upon by other ivory-tower inside-the-box thinkers, including Paul Krugman. Negative interest would mean that banks would charge the depositor for holding his deposits rather than paying interest on them. Runs on the banks would no doubt follow, but the pundits have a solution for that: move to a cashless society, in which all money would be electronic. “This would make it impossible to hoard cash outside the bank,” wrote Danny Vinik in Business Insider, “allowing the Fed to cut interest rates to below zero, spurring people to spend more.”
  • Business Week quotes Douglas Holtz-Eakin, a former director of the Congressional Budget Office: “We’ve had four years of extraordinarily loose monetary policy without satisfactory results, and the only thing they come up with is we need more?” Paul Craig Roberts, former Assistant Secretary of the Treasury, calls the idea “harebrained.” He is equally skeptical of quantitative easing, the Fed’s other tool for stimulating the economy. Roberts points to Andrew Huszar’s explosive November 11th Wall Street Journal article titled “Confessions of a Quantitative Easer,” in which Huszar says that QE was always intended to serve Wall Street, not Main Street.  Huszar’s assignment at the Fed was to manage the purchase of $1.25 trillion in mortgages with dollars created on a computer screen. He says he resigned when he realized that the real purpose of the policy was to drive up the prices of the banks’ holdings of debt instruments, to provide the banks with trillions of dollars at zero cost with which to lend and speculate, and to provide the banks with “fat commissions from brokering most of the Fed’s QE transactions.”
  • Bernanke created debt-free money and bought government debt with it, returning the interest to the Treasury. The result was interest-free credit, a good deal for the government. But the problem, says Lounsbury, is that: The helicopters dropped all the money into a hole in the ground (excess reserve accounts) and very little made its way into the economy.  It was essentially a rearrangement of the balance sheets of the creditor nation with little impact on the debtor nation. . . . The fatal flaw of QE is that it delivers money to the accounts of the creditors and does nothing for the accounts of the debtors. Bad debts remain unserviced and the debt crisis continues.
  • ...2 more annotations...
  • Bernanke delivered the money to the creditors because that was all the Federal Reserve Act allowed. If the Fed is to fulfill its mandate, it clearly needs more tools; and that means amending the Act.  Harvard professor Ken Rogoff, who spoke at the November 2013 IMF conference before Larry Summers, suggested several possibilities; and one was to broaden access to the central bank, allowing anyone to have an ATM at the Fed. Rajiv Sethi, Barnard/Columbia Professor of Economics, expanded on this idea in a blog titled “The Payments System and Monetary Transmission.” He suggested making the Federal Reserve the repository for all deposit banking. This would make deposit insurance unnecessary; it would eliminate the need to impose higher capital requirements; and it would allow the Fed to implement monetary policy by targeting debtor rather than creditor balance sheets. Instead of returning its profits to the Treasury, the Fed could do a helicopter drop directly into consumer bank accounts, stimulating demand in the consumer economy. John Lounsbury expanded further on these ideas. He wrote in Econintersect that they would open a pathway for investment banking and depository banking to be separated from each other, analogous to that under Glass-Steagall. Banks would no longer be too big to fail, since they could fail without destroying the general payment system of the economy. Lounsbury said the central bank could operate as a true public bank and repository for all federal banking transactions, and it could operate in the mode of a postal savings system for the general populace.
  • The Federal Reserve Act was drafted by bankers to create a banker’s bank that would serve their interests. It is their own private club, and its legal structure keeps all non-members out.  A century after the Fed’s creation, a sober look at its history leads to the conclusion that it is a privately controlled institution whose corporate owners use it to direct our entire economy for their own ends, without democratic influence or accountability.  Substantial changes are needed to transform the Fed, and these will only come with massive public pressure. Congress has the power to amend the Fed – just as it did in 1934, 1958 and 2010. For the central bank to satisfy its mandate to promote full employment and to become an institution that serves all the people, not just the 1%, the Fed needs fundamental reform.
  • Paul Merrell on 11 Dec 13
     
    In my view, the Fed is beyond salvage. It needs abolition, not a new role. The Constitution grants Congress the power to mint and coin money, not a group of rent-seeking banksters. 
Gary Edwards

American Thinker: Let Me Translate: We Don't Believe Him -- or You. - 0 views

www.americanthinker.com/...e_translate_we_dont_belie.html

obammunism obama-the-muslim obama-the-marxist

shared by Gary Edwards on 23 Aug 10 - Cached
  • Gary Edwards on 23 Aug 10
     
    Bang!  Right between the eyes... excerpt:  Memo to the ruling class media: We are not ignorant or stupid. We've not forgotten Jeremiah Wright. It's not that we don't "know" what faith Obama subscribes to -- it's more that we don't believe him. Or you. Sorry. Not buying. Besides, sometimes we just like to tweak you with our poll answers -- and use any poll as an excuse to "vote against Obama" in any way, shape, or form. *** Frankly, it has been equal parts comedy and insult to watch the ruling-class media haplessly wrestle with the reality that millions of Americans believe Obama to be a Muslim. They are so clueless. As if we needed any more proof -- this is simply another positive dose that the ruling-class media and the country are divided by a huge gulf of philosophy, reality, and experiences. And they are just beside themselves that a country that was concerned that Obama's (Christian?) pastor is a crazy nut in the spring and summer of 2008 can totally forget about all that in the summer of 2010 and call Obama a Muslim. They so miss the point. We have forgotten none of that. If fact, apparently, now more Americans are deciding to look into all of this and process it in light of Obama's actions.
Gary Edwards

Stephen Moore: Obamanonics vs. Reaganomics - WSJ.com - 0 views

online.wsj.com/...4875404576530412322260784.html

reaganomics obammunism financial-collapse

shared by Gary Edwards on 28 Aug 11 - No Cached
  • In any case, what Reagan inherited was arguably a more severe financial crisis than what was dropped in Mr. Obama's lap. You don't believe it? From 1967 to 1982 stocks lost two-thirds of their value relative to inflation, according to a new report from Laffer Associates. That mass liquidation of wealth was a first-rate financial calamity. And tell me that 20% mortgage interest rates, as we saw in the 1970s, aren't indicative of a monetary-policy meltdown.
  • Fast-forward to today. Mr. Obama is running deficits of $1.3 trillion, or 8%-9% of GDP.
  • If the Reagan deficits powered the '80s expansion, the Obama deficits—twice as large—should have the U.S. sprinting at Olympic speed.
  • Gary Edwards on 28 Aug 11
     
    The two presidents have a lot in common. Both inherited an American economy in collapse. And both applied daring, expensive remedies. Mr. Reagan passed the biggest tax cut ever, combined with an agenda of deregulation, monetary restraint and spending controls. Mr. Obama, of course, has given us a $1 trillion spending stimulus. By the end of the summer of Reagan's third year in office, the economy was soaring. The GDP growth rate was 5% and racing toward 7%, even 8% growth. In 1983 and '84 output was growing so fast the biggest worry was that the economy would "overheat." In the summer of 2011 we have an economy limping along at barely 1% growth and by some indications headed toward a "double-dip" recession. By the end of Reagan's first term, it was Morning in America. Today there is gloomy talk of America in its twilight. My purpose here is not more Reagan idolatry, but to point out an incontrovertible truth: One program for recovery worked, and the other hasn't. The Reagan philosophy was to incentivize production-i.e., the "supply side" of the economy-by lowering restraints on business expansion and investment. This was done by slashing marginal income tax rates, eliminating regulatory high hurdles, and reining in inflation with a tighter monetary policy.
Gary Edwards

Jim Kunstler's 2014 Forecast - Burning Down The House | Zero Hedge - 0 views

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

Banksters

shared by Gary Edwards on 08 Jan 14 - No Cached
  • Gary Edwards on 08 Jan 14
     
    Incredible must read analysis. Take away: the world is going to go "medevil". It's the only way out of this mess. Since the zero hedge layout is so bad, i'm going to post as much of the article as Diigo will allow: Jim Kunstler's 2014 Forecast - Burning Down The House Submitted by Tyler Durden on 01/06/2014 19:36 -0500 Submitted by James H. Kunstler of Kunstler.com , Many of us in the Long Emergency crowd and like-minded brother-and-sisterhoods remain perplexed by the amazing stasis in our national life, despite the gathering tsunami of forces arrayed to rock our economy, our culture, and our politics. Nothing has yielded to these forces already in motion, so far. Nothing changes, nothing gives, yet. It's like being buried alive in Jell-O. It's embarrassing to appear so out-of-tune with the consensus, but we persevere like good soldiers in a just war. Paper and digital markets levitate, central banks pull out all the stops of their magical reality-tweaking machine to manipulate everything, accounting fraud pervades public and private enterprise, everything is mis-priced, all official statistics are lies of one kind or another, the regulating authorities sit on their hands, lost in raptures of online pornography (or dreams of future employment at Goldman Sachs), the news media sprinkles wishful-thinking propaganda about a mythical "recovery" and the "shale gas miracle" on a credulous public desperate to believe, the routine swindles of medicine get more cruel and blatant each month, a tiny cohort of financial vampire squids suck in all the nominal wealth of society, and everybody else is left whirling down the drain of posterity in a vortex of diminishing returns and scuttled expectations. Life in the USA is like living in a broken-down, cob-jobbed, vermin-infested house that needs to be gutted, disinfected, and rebuilt - with the hope that it might come out of the restoration process retaining the better qualities of our heritage.
Paul Merrell

Ontario Announces North America's First Test Of Universal Basic Income - 0 views

www.mintpressnews.com/...227191

economy basic-income ontario

shared by Paul Merrell on 26 Apr 17 - No Cached
  • The province of Ontario will start its pilot project testing universal basic income in three Canadian cities this summer, premier Kathleen Wynne announced on Monday. About 4,000 residents of Hamilton, Thunder Bay, and Lindsay will be randomly selected to take part in the three-year program. One group will start receiving funds this summer—as much as $12,570 annually for individuals—while the other will be part of the control group, and not receive any money. Researchers will track the program’s impact on the economy, public health, education, and housing.
  • “It’s not an extravagant sum by any means,” Wynne said. “But our goal is clear. We want to find out whether a basic income makes a positive difference in people’s lives. Whether this new approach gives them the ability to begin to achieve their potential.” Participants will be screened to ensure that they are between 18 and 64 years old and living on a low income. “This is a new world with new challenges,” Wynne said. “From technology to [President Donald] Trump, it is a time of greater uncertainty and change.” Universal basic income, a form of social security that provides unconditional financial support from the government to all residents of a country or region, has recently gained traction as a solution to poverty, homelessness, and low quality of life. Similar pilot programs are on the way around the world, from Finland to Kenya. According to the Globe and Mail, a separate basic income plan for First Nations communities will be introduced later this year.
  • Paul Merrell on 26 Apr 17
     
    Society begins to come to grips with the fact that, due largely to automation, we have more adults than jobs.
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.
Gary Edwards

Dan Ferris - The real story on financial regulation you need to see - 0 views

www.thedailycrux.com/...eml

Michael-Lewis Dan-Ferris obammunism government-regulation

shared by Gary Edwards on 17 Mar 10 - Cached
  • Like everyone else, Lewis ignored the fact that the CDS market is private only because the Commodity Futures Modernization Act made it that way. It was regulated underground. Without the CFMA, a transparent public futures market in CDSs could have formed and was, in fact, being discussed before the law put the kibosh on it. Everybody and his brother would have seen prices on CDSs for Lehman Brothers and AIG rising during the summer of 2008, harbingers of impending doom, way ahead of the ratings agencies. What's more, banks sold prime mortgage loans and bought "triple-A-rated" collateralized debt obligations (CDOs) only because the Basel II Capital Accords established lower capital requirements for triple-A-rated securities than for prime mortgage loans. When capital requirements drop, you suddenly have more money you can spend on other things. Basel II made the ratings agencies instantly more powerful and important to a bank's competitive position than the behavior of its own underwriters. Throw in the Community Reinvestment Act, two ill-managed massive entities making markets in mortgages (Fannie and Freddie), and the Federal Reserve – a government-created private banking cartel – and you have a government-led financial disaster. There's plenty of blame to go around, I know. But how anyone could miss the massive role of the misguided, heavy-handed regulation is beyond me. Everyone who ought to know better – from hedge-fund managers to our elected representatives – says we need more regulation, not less. Isn't that curious? The solution is never less regulation, and the fault is never too much regulation. If I were more paranoid, I'd cry conspiracy.
  • delivering an oligopoly to JPMorganChase, Bank of America, and Citigroup.
  • The only reason the industry isn't paying for its failures is the government interfered and staged the biggest bailout in history! The government creates a problem, and the solution is somehow always... more government.
  • Gary Edwards on 17 Mar 10
     
    Like everyone else, Lewis ignored the fact that the CDS market is private only because the Commodity Futures Modernization Act made it that way. It was regulated underground. Without the CFMA, a transparent public futures market in CDSs could have formed and was, in fact, being discussed before the law put the kibosh on it. Everybody and his brother would have seen prices on CDSs for Lehman Brothers and AIG rising during the summer of 2008, harbingers of impending doom, way ahead of the ratings agencies. What's more, banks sold prime mortgage loans and bought "triple-A-rated" collateralized debt obligations (CDOs) only because the Basel II Capital Accords established lower capital requirements for triple-A-rated securities than for prime mortgage loans. When capital requirements drop, you suddenly have more money you can spend on other things. Basel II made the ratings agencies instantly more powerful and important to a bank's competitive position than the behavior of its own underwriters. Throw in the Community Reinvestment Act, two ill-managed massive entities making markets in mortgages (Fannie and Freddie), and the Federal Reserve - a government-created private banking cartel - and you have a government-led financial disaster. There's plenty of blame to go around, I know. But how anyone could miss the massive role of the misguided, heavy-handed regulation is beyond me. Everyone who ought to know better - from hedge-fund managers to our elected representatives - says we need more regulation, not less. Isn't that curious? The solution is never less regulation, and the fault is never too much regulation. If I were more paranoid, I'd cry conspiracy.
Gary Edwards

FBI found direct ties between 9/11 hijackers and Saudis living in Florida; Congress kept in dark | Broward Bulldog - 0 views

www.browardbulldog.org/...-florida-congress-kept-in-dark

9_11 911-Conspiracy-facts Saudi-Arabia Craig-Hulet Summers-Christensen

shared by Gary Edwards on 22 Sep 11 - No Cached
  • Gary Edwards on 22 Sep 11
     
    By Anthony Summers and Dan Christensen, BrowardBulldog.org United Airlines Flight 175 hits the World Trade Center's south tower Just two weeks before the 9/11 hijackers slammed into the Pentagon and World Trade Center, members of a Saudi family abruptly left their luxury home near Sarasota, leaving a brand new car in the driveway, a refrigerator full of food, fruit on the counter - and an open safe in the master bedroom. In the weeks to follow, law enforcement agents not only discovered the home was visited by vehicles used by the hijackers, but phone calls were linked between the home and those who carried out the death flights - including leader Mohamed Atta - in discoveries never before revealed to the public. Ten years after the deadliest attack of terrorism on U.S. soil, new information has emerged that shows the FBI found troubling ties between the hijackers and residents in the upscale community in southwest Florida, but the investigation wasn't reported to Congress or mentioned in the 9/11 Commission Report. Former U.S. Sen. Bob Graham, the Florida Democrat who cochaired the bipartisan congressional Joint Inquiry into the attacks, said he should have been told about the findings, saying it "opens the door to a new chapter of investigation as to the depth of the Saudi role in 9/11. … No information relative to the named people in Sarasota was disclosed."
Paul Merrell

Florida Event Spotlights Signs of Foreign Support of 9/11 Plot | 28Pages.org - 0 views

28pages.org/...of-foreign-support-of-911-plot

9-11 28-pages declassification-review Graham video

shared by Paul Merrell on 21 Dec 14 - No Cached
  • Last month, 9/11 parents Loreen and Matt Sellitto hosted an informative event focused on one of the most important yet least-understood aspects of September 11: the extent to which the terrorists received support from foreign governments—and the extent of the government’s knowledge of that support, both before and after the attacks.
  • Held in Naples, Florida, the November 11 event was called “The Untold Story of 9/11: A Conversation with Bob Graham.” Following opening remarks from host Loreen Sellitto and from Terry Strada of 9/11 Families United for Justice Against Terrorism, the event featured three speakers: Former Senator Bob Graham, the most prominent voice outside government fighting for declassification of the 28 pages. Broward Bulldog editor Dan Christensen, who broke the story of the FBI’s discovery of a 9/11 cell in Sarasota, and who continues working to bring FBI investigation documents into the daylight. Attorney Tom Julin, who is helping the Broward Bulldog in its effort to overcome the government’s stonewalling. Here, we cover many of the highlights; a full video of the event can be found at the bottom of the page.
  • Broward Bulldog Battles Feds Over Sarasota Investigation Christensen’s quest for answers about foreign sources of support of the 9/11 hijackers began in 2011 with a tip passed to him by Anthony Summers, who, with his wife Robbyn Swan, had just completed their book, “The Eleventh Day.” Summers and Swan had learned about an FBI investigation of a Saudi family with close ties to the Saudi government that suddenly abandoned its upscale home just outside Sarasota about two weeks before 9/11. Pursuing the lead, Christensen contacted Senator Graham for his insights into the Sarasota cell. Braced for the possibility that Graham would decline comment because of classification restraints, Christensen was stunned to learn that Graham—who had been chairman of the Senate Intelligence Committee and co-chaired the joint Congressional inquiry into 9/11—was unable to comment for an altogether different reason: Graham said the FBI had never told him about its Sarasota investigation.
  • ...4 more annotations...
  • Christensen then inquired with the FBI, which confirmed there had been an investigation, but said it found no connection to 9/11. Next, seeking to learn how they reached that conclusion, he requested the FBI’s investigation documents using the Freedom of Information Act (FOIA), but the FBI said there were no documents matching the request. Finding that completely implausible, in September 2012, Christensen and the Broward Bulldog filed a FOIA lawsuit. About six months later, the FBI sent Christensen 35 partially redacted pages that contained a bombshell conclusion directly contradicting the government’s earlier denials: The investigation had in fact “revealed many connections” between the Saudi family that fled their home and “individuals associated with the terrorist attacks on 9/11/2001.” (Indeed, investigations showed the home had been called and even visited by future 9/11 hijackers.)
  • In April 2014, as the Bulldog’s lawsuit progressed, Fort Lauderdale U.S. District Judge William Zloch ordered the FBI to conduct a more thorough search of its files, chiding the government for advancing “nonsensical” legal arguments in its effort to maintain secrecy. Later, he ordered the FBI to turn over more than 80,000 pages from its Tampa office so he could personally review them and reach his own conclusions about the need for secrecy. The judge’s review of that enormous cache is still underway.
  • Julin, in addition to providing an interesting elaboration on the legal battle to liberate the FBI’s Sarasota files, explained the Broward Bulldog’s attempts to secure the release of the 28-page finding on foreign government support of the 9/11 hijackers found in the 2002 report of the joint Congressional inquiry. Julin is helping Christensen, Summers and Swan push for the declassification of the 28 pages through a little-known process called Mandatory Declassification Review. Under that process, an agency’s refusal to declassify material can ultimately be appealed to a multi-agency panel that reviews the material and presents a recommendation to the president. The panel is now reviewing the 28 pages. While there’s no deadline, Julin has been told to expect the panel’s recommendation to President Obama sometime this winter.
  • Graham also explored the questions of: Why would the Saudis support Islamic terrorists operating in the United States? Why did the Bush administration shield Saudi Arabia by preventing the release of damning material? Why would the Obama administration continue the Bush administration’s “soft treatment” of Saudi Arabia? In the course of his remarks, Graham briefly discussed two of his books. The first, “Intelligence Matters: The CIA, the FBI, Saudi Arabia and the Failure of America’s War on Terror,” is a non-fiction work, which required advance clearance from the federal government that resulted in many passages being censored. That disappointing experience prompted Graham to do an end-run around government censors by publishing “Keys to the Kingdom,” a work labelled as fiction but which Graham used to write on the topic with greater freedom.
Paul Merrell

Asia Times Online :: Middle East News, Iraq, Iran current affairs - 0 views

www.atimes.com/...MID-01-210814.html

war & peace iraq ISIL U.S.-foreign-policy false-flag Syrian war

shared by Paul Merrell on 22 Aug 14 - No Cached
  • And why did Islamic State, formerly ISIS, become winners? Because the "West" regimented, schooled, trained, logistically helped and weaponized most of IS's Takfiri goons with a mission at hand: to destroy Syria. The "West" lauded them as "Syrian rebels". Freedom fighters. Washington even promoted Jabhat al-Nusra (the official al-Qaeda franchise in Syria, and a "terrorist organization", according to the State Department) as "good" jihadis, as well as the preferred Saudi combo, the Islamic Front.
  • The House of Saud, directly and indirectly, and the proverbial wealthy Gulf Cooperation Council donors are the Mom and Dad of ISIS. All duly vetted/approved by the industrial-military-Orwellian-Panopticon complex. And yet "Assad must go" had other ideas for Syria. He didn't go. He and his army resisted and counter-attacked. So the original mission in Syria morphed across the (non-existent) desert border towards Iraq. ISIS kept expanding - via extortion, kidnapping, captured oil fields, tribal smuggling networks.
  • How convenient that IS strategy is totally divide and rule. Totally balkanization of Iraq. Totally mum on Israel's slow-motion ethnic cleansing of Gaza. Totally useful in wagging the (beheading) dog to make the world forget about Gaza. Moroever, IS/ISIS strategy, stripped to the bone, is Pentagon manual; clear, hold and build - then expand (to an area larger than Great Britain). It's even Pentagon manual redux - as in building "coalitions of the willing" (see the alliance with "remnants" - Rummy talk - of the Saddam regime propelling their northern Iraq summer offensive.) How convenient that the mighty Orwellian/Panopticon complex satellite maze could not identify a long convoy of gleaming white Toyotas crossing the desert towards their summer conquests. And how convenient that a Briton beheading an American - what a "special relationship" plot twist! - fully sanctions the Return of Iraq Bombing ("for months", in Obama's words); more strikes; more drones; perhaps more boots on the ground; perhaps, in the near future, a Syria extension. IS also took over Tikrit, the birthplace of Saddam, in their summer adventure. Now Baghdad's military are trying to take it back. IS welcomed them with minefields, booby-trapped buildings, an array of snipers and hardcore mortar fire. How convenient that Obama's "humanitarian" bombs are not involved in R2P ("responsibility to protect") Saddam's birthplace. What really matters is the US consulate in Erbil, scores of CIA operatives and vast Big Oil interests in Iraqi Kurdistan.
  • Paul Merrell on 22 Aug 14
     
    Pepe Escbar catches a whiff of the same rat Tony Cartalucci caught, but sees it ending badly for the House of Saud. I've said it before, but I'll say it again: Escobar has earned very high credibility with me. 
Paul Merrell

UN officials accused of bowing to Israeli pressure over children's rights list | World news | The Guardian - 0 views

www.theguardian.com/...pressure-childrens-rights-list

war & peace U.N. Israel IDF child-rights

shared by Paul Merrell on 20 Mar 15 - No Cached
  • Senior UN officials in Jerusalem have been accused of caving in to Israeli pressure to abandon moves to include the state’s armed forces on a UN list of serious violators of children’s rights. UN officials backed away from recommending that the Israel Defence Forces (IDF) be included on the list following telephone calls from senior Israeli officials. The Israelis allegedly warned of serious consequences if a meeting of UN agencies and NGOs based in Jerusalem to ratify the recommendation went ahead. Within hours, the meeting was cancelled. “Top officials have buckled under political pressure,” said a UN source. “As a result, a clear message has been given that Israel will not be listed.”
  • Organisations pressing for the IDF’s inclusion on the list since the war in Gaza last summer – which left more than 500 children dead and more than 3,300 injured – include Save the Children and War Child as well as at least a dozen Palestinian human rights organisations, the Israeli rights organisation B’Tselem and UN bodies such as the children’s agency Unicef. “These organisations are in uproar over what has happened,” said the UN source
  • The IDF’s inclusion on the UN’s list of grave violators of children’s rights would place it alongside non-state armed forces such as Islamic State, Boko Haram and the Taliban. There are no other state armies on the list. It would propel Israel further towards pariah status within international bodies and could lead to UN sanctions.
  • ...5 more annotations...
  • Although Jerusalem-based officials cancelled the meeting – and subsequently decided not to recommend the IDF’s inclusion on the list – the UN complained to Israel over the intimidation of its staff. Susana Malcorra – a high-ranking official in the New York office of the UN secretary general, Ban Ki-moon – raised the issue in a private letter to Israel’s ambassador to the UN, Ron Prosor. The UN in New York said it could not comment on leaked documents. The telephone calls were made to June Kunugi, Unicef’s special representative to Palestine and Israel, on 12 February, the night before a meeting to decide whether to recommend the IDF’s inclusion on the list. One call was from a senior figure in Cogat, the Israeli government body that coordinates between the IDF, the Palestinian Authority and the international community; the other was made by an official in Israel’s foreign ministry.
  • ccording to UN and NGO sources, Kunugi was advised to cancel the meeting or face serious consequences. However, Israeli sources described the telephone conversations as friendly and courteous attempts to persuade Kunugi to delay the working group’s decision on its recommendation regarding the IDF until Israel had been allowed to present its case on the issue. At 8.54am the next morning, an email was sent on behalf of James Rawley, a senior official with UNSCO (the office of the UN special coordinator for the Middle East peace process) who had called the meeting, to participants. It said: “Please be informed that today’s meeting scheduled at 13:00hrs has been postponed. Sincere apologies for the inconvenience this may have caused.” A joint statement to the Guardian from Kunugi and Rawley said the “strictly confidential process” of determining inclusion on the list was still ongoing and was the “prerogative of the UN secretary general, and it rests with him alone”. The UN in Jerusalem was unable to comment on the process, it added, but the submission from Jerusalem to New York was “based on verified facts, not influenced by any member state or other entity”.
  • Unicef has called a fresh meeting to update UN and NGO officials in Jerusalem on Thursday. The decision on which state and non-state armed forces are to be included on the list will be taken by UN chiefs in New York next month. However, according to the UN source, “a political decision has already been taken not to include Israel”.
  • A separate source told the Guardian: “The UN caved to Israel’s political pressure and took a highly contentious step to shelter Israel from accountability.” The list of violators of children’s rights is contained in the annex of the annual report of the secretary general on children and armed conflict. A “monitoring and reporting mechanism”, established by a UN security council resolution, supplies information on grave violations of children’s rights, such as killing and maiming, recruitment of minors into armed forces, attacks on schools, rape, abduction, and denial of humanitarian access to children. The secretary general is required to list armed forces or armed groups responsible for such actions. Following last summer’s seven-week war in Gaza, a number of UN agencies and NGOs met to consider whether to recommend the IDF’s inclusion on the list. According to insiders, participants “agreed there is a strong and credible case to recommend listing”.
  • A 13-page internal Unicef paper seen by the Guardian examined the case for the IDF to be listed on the basis of its actions in last summer’s war in Gaza, including the killing and injuring of children, and “targeted and indiscriminate” attacks on schools and hospitals. Several of the working group’s participants wrote to the UN secretary general to urge the inclusion of the IDF on the list. A letter sent in December by Defence for Children International (Palestine) said: “There is ample evidence to demonstrate that Israel’s armed forces have committed acts that amount to the grave violations against children during armed conflict, as defined by UN security council resolutions, including killing or maiming children and attacks against schools and hospitals.” The Israeli ministry of foreign affairs and Cogat declined to answer specific questions about the phone calls to Kunugi, but said in a joint statement: “Israel has a good working relationship with Unicef and the United Nations in general. Israel has no desire to get into a slanging match with anti-Israel elements nor to submit to their intimidations.”
  • Paul Merrell on 20 Mar 15
     
    More information, including that Palestine Civil Society has requested that U.N. Secretary General Ban Ki Moon to discharge two U.N. officials involved becuase of this issue and because of signifificant delays that work to Israel's advantage in reconstruction of Gaza following Israel's assault last summer. http://electronicintifada.net/blogs/ali-abunimah/un-providing-israel-cover-killing-gazas-children
Gary Edwards

Operation Sleeping Giant: "Breaking The Silver Manipulation Barrier" by Brandon Smith - 0 views

operationsleepinggiant.com

Brandon-Smith GOLD Sir-Charles SiLVER Currency-basket Priced-in-Gold

shared by Gary Edwards on 11 Jan 13 - No Cached
  • Gary Edwards on 11 Jan 13
     
    Written in August of 2011, this article continues to be an important guideline to understanding Gold and Silver prices, and the efforts of Banksters to manipulate these competing forms of monetary exchange to the US Dollar.  Good stuff.  And i did write Brandon a proposal for a mobile application connecting PayPal to the Storage Vault Depositories he sites in this article (based on the GOLD app design i provided to Tino in 2008). excerpt: China Competes With The Comex As of this summer China now has its own Comex, called the Hong Kong Mercantile Exchange. The exchange opened for trade on May 18th (the CME's incredible margin hikes in silver began only weeks before, which suggests to me that they were trying to preempt the positive effects the HKMEX would have on metals). The HKMEX moved into action only five months after the Chinese Pan American Gold Exchange was instituted. The exchange issues its own ETF's in gold and silver. These securities, though, are not based on leverage or derivatives like most Comex based ETFs. The bottom line; the Comex global monopoly on commodities trade is over: How To Break The Barrier Methods for smaller investors to fight back against the market manipulations of large banks have been sparse, and often limited to desperate appeals to the CFTC and the government, who are bought and paid for, and who have no intention of ever stopping global financiers from dragging their unwashed behinds across the face of the planet. Relying on bureaucrats to mend the wounds they themselves encouraged or inflicted is foolhardy, to say the least. Top down solutions are NOT an option now, and I'm not sure if they ever were. This leaves us with only one other choice; to fix the problem with our own hands from the bottom up. This is, of course, easier said than done… In the case of silver manipulation, what we are faced with is an unprecedented effort to subvert and suppress an alternative system so that the mainstream system can continue to
Gary Edwards

BENGHAZI - THE BIGGEST COVER-UP SCANDAL IN U.S. HISTORY? - WAS BENGHAZI A CIA GUN-RUNNING OPERATION FOR MUSLIM BROTHERHOOD & OTHER INSURGENTS FIGHTING IN SYRIA? - Liberty News - 0 views

www.libertynews.com/...r-insurgents-fighting-in-syria

Benghazi Benghazigate Benghazi-coverup

shared by Gary Edwards on 09 May 13 - No Cached
  • Gary Edwards on 09 May 13
     
    "LibertyNEWS.com - Editorial Team Special Report It's never fun to admit you've been lied to and duped. There is no comfort in realizing a high-level group in government has conned you. The wound created from such a realization would be deep and painful when paired with extraordinary insult when you realize the cons are people you not only trusted, but people who are tasked with protecting your rights, your liberty, your life. When these people betray you, you're in trouble - big trouble. Unfortunately, we believe America is being betrayed by powerful individuals tasked with our protection. These people are found in the White House, the Congress, the CIA and other government entities - and they're lying to you. Then they're covering it up on an epic scale, in a never-before-seen manner. Here are the basics of what the schemers in government and the complicit media would like for us all to focus on and buy into: Why wasn't there better security at the consulate (keep this misleading word in mind) in Benghazi? Why didn't authorization come to move special forces in for protection and rescue? Why was an obscure video blamed when everyone knew the video had nothing to do with it? Did Obama's administration cover-up the true nature of the attacks to win an election? Truth is, as we're starting to believe, the above questions are convenient, tactical distractions. And truth is, answers to these questions, if they ever come, will never lead to revelations of the REAL TRUTH and meaningful punishment of anyone found responsible. Rep. Darrell Issa knows this, members of the House Committee investigating the Benghazi attacks know this, the White House knows this, and much of the big corporate media infrastructure knows it, too. How do they know it? Because they know the truth. They know the truth, but cannot and/or will not discuss it in public. Here are the basics that we (America, in general) should be focusing on, but aren't: Why do media
Paul Merrell

UPDATE: Julian Assange of Wikileaks To Appear by Video Tomorrow Due to Assassination Concerns | Heat Street - 0 views

heatst.com/...pparent-assassination-concerns

war & peace Wikileaks Assange Auction 2016 Hillary leak

shared by Paul Merrell on 04 Oct 16 - No Cached
  • After canceling a planned announcement in London, Wikileaks founder Julian Assange is now planning to appear via video link Tuesday morning at Wikileaks’ 10th anniversary celebration in Berlin. He’s a last-minute addition to the roster of festivities taking place this week in Germany. The change in venue appears to be related to what Wikileaks is clearly implying to be a perceived threat on Assange’s life.
  • Wikileaks used its Facebook page and Twitter to confirm that Assange would speak at the event, which starts at 4am Eastern time. An information pack published by Wikileaks late last night includes a running order which schedules Assange’s appearance for 5am Eastern (11am in Berlin):
  • According to Wikileaks, the change of venue was made “due to specific information.” Wikileaks did not specify further, but Monday’s Tweet followed several in which Wikileaks alleged that the Clinton camp wants to assassinate Assange.
  • ...3 more annotations...
  • The news that Assange plans to appear (remotely) in Berlin comes after Wikileaks abruptly canceled a much-anticipated announcement in London that was to be made from the balcony of London’s Ecuadorian Embassy, where Assange has sought sanctuary for years. The cancelation was first reported by NBC News. According to NBC’s Jesse Rodriguez, the announcement was canceled due to “security concerns”. There had been widespread anticipating that Tuesday’s announcement might have been Assange’s long-promised document dump on Hillary Clinton. Assange appeared on Fox News last month, repeating his assertion that Wikileaks has damaging documents on Clinton and suggested WikiLeaks may soon release “teasers”. More than three weeks later, that release has yet to take place. Clinton’s more fervent opponents have hoped for weeks that the promised document dump would be an “October surprise” — damaging and revelatory emails or the like — and inflict a mortal wound on her campaign. There’s no evidence, however, that such damaging information even exists. It was only this summer that Assange’s group leaked thousands of embarrassing emails from the Democratic National Committee which showed their disdain for Bernie Sanders’ insurgent campaign for the Democratic presidential nomination. The uproar over the disclosures forced DNC Chairwoman Debbie Wasserman-Schultz to resign in disgrace on the eve of the Democratic National Convention.
  • Assange and his supporters have long claimed that his personal safety is at risk due to the danger he (supposedly) represents to Clinton’s presidential ambitions. Monday morning, Wikileaks via Twitter was promoting the conspiracy theory that Clinton herself has sought to rub out Assange.
  • Assange himself has also recently hinted publicly that low-level DNC staffer Seth Rich, who was murdered this summer in Washington DC, had been the source for Wikileaks’ document dump on the DNC. And that Rich’s alleged role in the leaks was linked to his death. There has been no evidence linking Rich to the leak and no evidence that his murder was anything more than a botched robbery. Nonetheless, the Wikileaks’ cancellation of Tuesday’s announcement in London — and the scheduling of the Tuesday video link in Berlin — has anti-Clinton conspiracy theorists working up a frantic stew of speculation.
  • Paul Merrell on 04 Oct 16
     
    So Assange is speaking at 5 a.m. Wednesday morning East Coast tIme. Probably some headlines by 6 a.m. So 3 a.m. West Coast time. Let's hope this is Assange's October Surprise announcement for Hillary. "Specific concerns" about security on the canceled Ecuadoran Embassy speech? Well, Hillary reportedly made a specific assassination proposal for Assange. Personally, I wouldn't put it past her; the Clintons already have the blood of millions on their hands.
Paul Merrell

Former Terrorist Group To Enjoy Close Ties to Rumored Trump Cabinet « LobeLog - 0 views

lobelog.com/-ties-to-rumored-trump-cabinet

Trump-administration terrorist-ties Giuliani bolton

shared by Paul Merrell on 16 Nov 16 - No Cached
  • Donald Trump’s rumored picks for key foreign-policy positions have already set off alarm bells about the future administration’s embrace of war hawks and Islamophobes. Today, Washington Post columnist Josh Rogin pointed out that former New York City mayor Rudy Giuliani, who is currently reported to be under consideration for an appointment to secretary of state or attorney general, potentially violated the law when he made paid speaking appearances for the Mojahedin-e Khalq (MEK), when the State Department listed the Iranian dissident group as a foreign terrorist organization. Giuliani isn’t the only likely member of the future administration to have maintained close ties and advocated on behalf of the former terrorist group, which assassinated six Americans in Iran between 1973 and 1976. John Bolton (another rumored choice for secretary of state), Clare Lopez (who is reportedly short-listed for deputy national security adviser), and Newt Gingrich (who allegedly turned down an offer of secretary of state but has shown interest in serving as a policy adviser in the Trump administration) have all advocated for the former terrorist group and praised its cultish leader, Maryam Rajavi. Shortly after the overthrow of the Shah, the group experienced a falling out with Ayatollah Ruhollah Khomeini and fled into exile. Over the following years, the group’s leaders, Maryam and Massoud Rajavi, aligned with Saddam Hussein during the Iran-Iraq war (7,000 members fought alongside Saddam Hussein, against Iran) and shifted toward increasingly cultish behavior, mandating divorces and celibacy for their soldiers while cultivating a cult of personality around themselves.
  • Massoud Rajavi hasn’t been seen since overseeing the surrender of MEK forces to the U.S. following the 2003 invasion of Iraq. This summer, the former head of Saudi Arabia’s intelligence agency, Prince Turki bin Faisal Al Saud referred to Massoud Rajavi as “the late Massoud Rajavi,” suggesting that he may be deceased. Turki’s participation at an MEK event, meanwhile, was a tacit acknowledgement of Saudi Arabia’s support of the group. Indeed, forming opportunistic alliances has been a hallmark of the MEK. In 2012, U.S. officials told NBC News that Israel’s national intelligence agency, Mossad, was training and arming the MEK to assassinate Iranian nuclear scientists. The group seeks to portray itself as a government-in-exile and the secular, democratic alternative to Iran’s theocratic government. But the MEK’s lack of influence inside Iran and skepticism about their allegations regarding Iran’s nuclear program—for example, photographic evidence the MEK provided last year allegedly showing evidence of “Lavizan-3,” a secret uranium enrichment facility in the suburbs of Tehran, turned out to be a stock photo from an Iranian safe company – haven’t prevented the group from gaining footholds in Washington through campaign contributions and lucrative speaking gigs for politicians who praise Rajavi and call for regime change in Iran at MEK rallies. The MEK is known for paying generous sums to former officials who speak at their events. Lee Hamilton, a former chairman of the House Foreign Relations Committee who headed the Woodrow Wilson Center for 12 years, told InterPress Service that he was paid “a substantial amount” to appear on an MEK panel in 2011. Giuliani, Bolton, Lopez, and Gingrich have all sung the praises of Maryam Rajavi, called for the U.S. to work towards regime change in Tehran, and treated the MEK as a legitimate Iranian government in exile.
  • peaking at an MEK rally outside Paris last year, Giuliani, who had taken speaking fees from the group when it was on the foreign terrorist organization (FTO) list, told the audience: I will not support anyone for President of the United States who isn’t clear on that slogan behind me. What does it say? It says “Regime Change.” … I will not support a candidate who does not have the moral fiber and the courage to stand up to the Ayatollah and tell him “We are going to do everything we can to get you out and you are never going to become a nuclear power.” Bolton, who also advocated for the group when it was on the FTO list, told an MEK audience outside Paris last summer: There is only one answer here: To support legitimate opposition groups that favor overthrowing the military theocratic dictatorship in Tehran, and it should be the declared policy of the United States of America and all of its friends to do just that at the earliest opportunity. Gingrich, who also spoke for the group before it was delisted, told the 2016 gathering in Paris: There are no moderates in the dictatorship. The dictatorship cannot be trusted. The [nuclear] agreement made with it is insane.
  • ...1 more annotation...
  • He concluded by praising the commitment of Rajavi’s followers, saying: I want you to know that the message I will take home to America is that there are thousands and thousands of Iranians who are prepared, who are ready, who are committed to and who believe that we can truly bring democracy to Iran. Lopez, who serves as a vice president at the Center for Security Policy, a far-right think tank headed by anti-Muslim conspiracy theorist Frank Gaffney, and as executive director of the long-time MEK advocacy group, the Iran Policy Committee, from 2005 to 2006, wrote that Prince Turki’s surprising appearance marked a watershed moment for the MEK. She wrote: …[T]he implications of official Riyadh government support for the largest, most dedicated, and best-organized Iranian opposition movement will reverberate through the Middle East. Although not openly stated by bin Faisal, the new NCRI-Riyadh alliance may be expected to involve funding, intelligence sharing, and possible collaboration in operations aimed at the shared goal of overthrowing the current Tehran regime. If Lopez, Giuliani, Bolton, or Gingrich serve in the Trump administrations, the MEK will have the highest level access its ever enjoyed in the U.S. government, a remarkable journey for a fringe Islamic-Marxist group that, until 2012, was on the State Department’s terrorism list for its role in assassinating Americans.
Paul Merrell

CNN apologizes for commentator who called WikiLeaks founder a 'pedophile' | McClatchy DC - 0 views

www.mcclatchydc.com/...article124566504.html

WIkileaks Assange libel Dark-State harrassment

shared by Paul Merrell on 07 Jan 17 - No Cached
  • In fact, the pedophile allegation has little to do with Assange’s plight that has kept him in the embassy in London, which involves incidents in Stockholm in the summer of 2010.
  • Rather, it is a bizarre tale involving a Houston-based dating website and its global and well-funded efforts to discredit Assange around the globe. The byzantine saga involves disconnected telephones and mystery websites. The website, toddandclare.com, launched and ramped up its efforts against Assange during the U.S. presidential campaign, as WikiLeaks released hacked emails related to the campaign of Democratic nominee Hillary Clinton.Whoever is behind the dating site has marshaled significant resources to target Assange, enough to gain entry into a United Nations body, operate in countries in Europe, North America and the Caribbean, conduct surveillance on Assange’s lawyer in London, obtain the fax number of Canada’s prime minister and seek to prod a police inquiry in the Bahamas.The dating site’s campaign sought to thwart WikiLeaks’ efforts and discredit Assange, who played a role in a presidential campaign season that deeply divided the U.S. electorate and illuminated Russia as a major cyber adversary of the U.S. government.One part of toddandclare’s two-pronged campaign put a megaphone to unproven charges that Assange made contact with a young Canadian girl in the Bahamas through the internet with the intention of molesting her. The second part sought to entangle him in a plan to receive $1 million from the Russian government.
  • WikiLeaks claims the dating site is “a highly suspicious and likely fabricated” company. In turn, the company has lashed out at Assange and “his despicable activities against American national security,” and warned journalists to “check with your libel lawyers first before printing anything that could impact or endanger innocent people’s lives.”For nearly two months after the October allegations, toddandclare.com went off line. But it recently reappeared, repeating charges about the 8-year-old Canadian girl. The website did not immediately respond Thursday to a new query from McClatchy, and no respondent in the past has given a name or allowed telephone contact.The online company paints itself as all-American. Online material says its founders, Todd and Clare Hammond, “are an average American couple from Michigan, who met in the eighth grade.” In 2011, the company says, the Christian couple started an email dating service, and “have married 3,000 couples to date.” Their online network began in 2015, and a statement it filed to a U.N. body says it has “100,000+ female singles” in six countries. The company’s operating address is a warehouse loading dock in Houston. Its mail goes to a Houston drop box. Its phone numbers no longer work. WikiLeaks says Texas officials tell it the entity is not registered there either under toddandclare.com or a parent company, T&C Network Solutions.A person who answered emails to the website in November declined to identify him or herself.
  • ...5 more annotations...
  • The people behind toddandclare.com persuaded a U.N. body known as the Global Compact to give it status as a participant in May, and it submitted an eight-page report to the U.N. group Oct. 4 carefully laying out its allegations against Assange. The firm was delisted by the U.N. body eight days later amid controversy over its claims. The report was later taken off the internet. An Australian lawyer, Melinda Taylor, said the report’s precise language raised additional suspicions at WikiLeaks, where she assists Assange in human rights litigation.“This is not a report that’s been drafted by a dating agency. It’s highly legalistic and very structured. It’s the language of someone who has drafted complex legal submissions,” she said.Under Todd Hammond’s name, the report alleged that Assange’s Swedish lawyer had reached out in June to offer Assange’s services on a campaign against rape in exchange for an undisclosed amount of bitcoin. It said the two sides held two videoconferences.Then came the bombshell: It said the company had ended ties with Assange following “pedophile crimes” he had committed in the Bahamas in late September. It charged that the victim was the 8-year-old daughter of a Canadian couple on a monthlong yachting vacation. The father went to police in Nassau on Sept. 28, the report claimed, charging that his family held video and chat logs showing Assange “internet grooming” the child and “propositioning the 8-year-old juvenile ‘to perform oral and anal sex acts.’ ”It said Assange made a connection to the child’s 22-year-old sister, who was a client of the online dating site, from his refuge in London, eventually gaining access to the young girl.
  • An assistant commissioner for the Royal Bahamas Police Force, Stephen Dean, said “there is no investigation” into any such incident and that the police have received no evidence that such an incident occurred.“We got a phone call of someone giving us some information. But we never had a face-to-face. It could have been a hoax,” Dean said. “We don’t know.”If someone were in possession of video or chat logs about a pedophile crime, he or she did not provide them to Bahamian police, Dean said, which he said would be odd: “If you have something so significant, I think you’d want to leave a report.”Assange’s Swedish lawyer, Per Samuelson, wrote to the U.N. body on Oct. 10 alleging that Hammond’s report against Assange was “entirely false” in all its facets and that he had had no contact with the dating site or Hammond.Even as authorities in the Bahamas dismissed the report, the dating site sent a fax Oct. 17 to Canadian Prime Minister Justin Trudeau saying the Canadian family had fled the Bahamas due to “anti-white, racist abuse by Bahamian police.”“Julian Assange ... has started a smear campaign to claim our dating company is behind an elaborate scam. It is fully to be expected. Pedophiles are devious and cunning,” the fax said.The company said it would “continue to protect the family’s identity, until either the (Royal Bahamas Police Force) conduct a proper investigation, or hell freezes over. Whichever comes first.”
  • The fax was signed, “The Todd and Clare Team,” and left no way to contact the firm.While the founders of toddandclare.com say they’ve been in the matchmaking business since 2011, their internet presence dates only to September 2015 and really got going only early last year. Those who have done work for the company say they were kept at arm’s length.By summer, in the run-up to what many expected to be an “October surprise” from WikiLeaks to make an impact on the U.S. election, toddandclare.com began moving against Assange in multiple countries simultaneously. The DNC and a cyber-threat intelligence firm it had hired, CrowdStrike, were already fingering Russia as behind the hacks that would provide the fodder for WikiLeaks. They’d said in June that Russian hackers had access to DNC servers for about a year.A company representative, identifying herself as Hannah Hammond, emailed Assange’s Swedish and British legal agents offering $1 million for him to appear in a five-minute tongue-in-cheek television advertisement. In a subsequent exchange Sept. 19, the representative wrote that “the source of the $1,000,000 is the Russian government.”In a curious twist, she offered what she said were three facts about Assange’s London attorney that are “unknown to the public,” including details inside her home and an event in her son’s life, suggesting a capability to conduct surveillance.Taylor, the Assange lawyer, said the details appeared “to create the impression that the members of his team were under close surveillance and/or to bolster the bona fides of the claim that the offer was linked to a State. Its inclusion does appear quite menacing.”
  • A lawyer identifying himself only as “James” responded the next day, slamming the offer as an “elaborate scam designed to entrap” Assange and embarrass him for ties to Russia.The dating site representative sought to pull the veil off “James.”“Julian: We know it’s you writing. The offer expires at midnight, October 31st 2016,” she wrote back on Sept. 21, according to copies of the emails posted by WikiLeaks on its website.By early October, toddandclare.com went on the offensive. It filed a civil complaint in a British court against Assange, seeking 295 pounds sterling – about $359 – in damages because it said it could no longer use his services due to the “child sex offenses in Nassau.”The suit, said Taylor, Assange’s lawyer, “seems to be designed to evade defamation law in the U.K. They’ve put highly noxious information knowing that it would be made public.”The global tussle between the online dating company and WikiLeaks went public in mid-October when the anti-secrecy group voiced public doubt on whether toddandclare.com actually existed, or served only as a vehicle to attack Assange.
  • The announcement opened the gates for a disparate crew of internet sleuths – some motivated by hatred of Clinton and others impelled by support for WikiLeaks – to probe into the history of toddandclare.com, suspicious that the dating site might be an undercover operation with links to the Clinton campaign.Posting their findings on the discussion websites like Reddit.com, they unearthed some curious coincidences. A perusal into the archives of the internet revealed that the Hammonds had once occupied a San Francisco building later rented to a company, Premise Data, whose co-founder has ties to Clinton and her top supporters.Moreover, a telephone number once registered to a Todd Hammond later was registered to a former Premise employee, Aaron Dunn, although with a different area code.Premise co-founder David Soloff said such findings could only be coincidences.“I want to reiterate that Premise has no connection with this case. And beyond confirming that Aaron Dunn worked at Premise until 2014, I don’t know the answer to any of your questions,” Soloff wrote in an email.
Gary Edwards

Political Editors: Dick Morris Corrects the Record on Hillary Clinton - The Patriot Post - 0 views

patriotpost.us/44049

Hillary Political-Corruption

shared by Gary Edwards on 30 Jul 16 - No Cached
  • Then Bill discusses Hillary’s legal career at the Rose Law firm. He doesn’t mention that she made partner when he was elected governor and was only hired when he got elected as attorney general. "He makes as if it was a public service job — it wasn’t. Her main job was to get state business, and she got tens-of-millions of dollars of state business, then hid her participation and the fees by taking an extra share of non-state business to compensate for the fees on state business that she brought in. Her other job was to call the state banking commissioner any time one of her banks got into trouble to get them off.
  • "Bill speaks at length how Hillary was a mother, juggling career and family, taking Chelsea to soccer games and stuff — that’s non-sense. Hillary was a mother but Chelsea in the Arkansas governor’s mansion had a staff of nannies and agents to drive her around and people to be with her, and Hillary didn’t have to bother with any of that. All of that was paid for by the state. "He says she became the warrior in chief over the family finances and that was true, and the result is she learned how to steal. "She accepted a $100,000 bribe from the poultry industry in return for Bill going easy on regulating them, despite new standards. Jim Blair, the poultry lobbyist, gave her $1,000 to invest in the Futures Market and lined up seven to eight other investors and their winnings were all deposited into Hillary’s account. She made $100,000 in a year and she was out. That essentially was a bribe.
  • ”[She did] a phony real-estate deal for Jim McDougal and the Madison Bank to deceive the federal regulators by pretending someone else was buying the property. She was called before a grand jury in 1995 about that but, conveniently, the billing records were lost, couldn’t be found and there wasn’t proof that she worked on it.
  • ...5 more annotations...
  • “Bill talks about her work on the health care task force but doesn’t say the reason it didn’t pass was the task force was discredited because the meetings were all held in secret. A federal judge forced them open and fined the task force several hundred thousand dollars because of their secrecy. "He says that after the health care bill failed in 1994, Hillary went to work on adopting each piece of it piecemeal — mainly health insurance for children. "That is completely the opposite of the truth. The fact is when that bill failed, I called Hillary and I suggested that she support a proposal by Republican Bob Dole that we cover children, and she said, ‘We can’t just cover one part of this. You have to change everything or change nothing.’ Then in 1997 when I repeated that advice to Bill Clinton, we worked together to pass the Children’s Health Insurance Program. I found a lot of the money for that in the tobacco settlement that my friend Dick Scruggs was negotiating.
  • "Then Bill extols her record in the U.S. Senate. In fact, she did practically nothing. There were seven or eight bills that she introduced that passed; almost all of were symbolic — renaming a courthouse, congratulating a high school team on winning the championship. There was only one vaguely substantive bill, and that had a lot of co-sponsors of whom Hillary was just one.
  • "Then he goes to her record in the State Department and manages to tell that story without mentioning the word Benghazi, without mentioning her secret emails, without mentioning he was getting tens of millions — $220 million in speaking fees in return for favorable actions by the State Department.
  • "Also totally lacking in the speech was anything about the war on terror — terror is a word you don’t hear at the Democratic Convention. "Bill says that Hillary passed tough sanctions on Iran for their nuclear program. The opposite is true. "Every time a tough sanction bill was introduced by Senators Menendez or Kirk, Hillary would send Deputy Secretary Wendy Sherman to Capital Hill to testify against it and urge it not to pass, and it was over Hillary’s objections that those sanctions were put into place.
  • ”[Liberal columnist] Maureen Dowd called the speech by Bill Clinton “air brushed.” “It was a hell of a lot more than that — it was fiction. (Also see Morris’s comments after Clinton’s DNC acceptance speech. "It’s strategy and message will be interdicted by reality at every turn. … She basically has no message. … Her entire campaign is, ‘I’m a woman and I am running against Donald Trump. … She bean her speech by saying let’s compromise and work together. Is there any woman in the world less likely to compromise?”)
  • Gary Edwards on 30 Jul 16
     
    "Dick Morris is a nationally recognized political campaign adviser, analyst and author. He was the senior political adviser to Bill Clinton before and after his occupation of the White House. He was campaign manager of Clinton's 1996 re-election, and the architect of his successful "triangulation" rhetorical ruse. Clinton's communications director George Stephanopoulos said of Morris, "No single person had more power over [Bill Clinton]." This week, in a message entitled "What Bill Left Out, Morris corrected the record regarding Clinton's glowing remarks about Hillary Clinton, her personal attributes and professional achievements. Morris's insights into the Clintons are priceless. What follows is a transcript of Morris's comments: "Bill Clinton talked at length about Hillary's idealistic work in college and law school, but he omits that she was defending the Black Panthers who killed security guards; they were on trial in New Haven. She monitored the trial while she was in law school to find evidence that could be grounds for reversal in the event they were convicted. "That summer she went to work for the True-Haft (SP) law firm in CA, headed by True Haft who is the head of the CA Communist Party and that's when she got involved with Saul Alinsky, who became something of a mentor for the rest of her life. "Then Bill says that she went off to Massachusetts and he went to Arkansas, and eventually Hillary followed her heart to join him in Arkansas. He omits that she went to work for the Watergate Committee and was fired from that job for taking home evidence and hiding documents that they needed in the impeachment inquiry. Then she took the DC Bar exam and flunked it, she went to Arkansas because that is the only bar exam she could pass. "He talked about how in the 1970's she took all kinds of pro-bono cases to defend women and children. In her memoirs, she cites one which was a custody case and that's it. In fact, in 1975 she represen
1 - 20 of 184 Next › Last »
Showing 20▼ items per page