Showing posts with label corruption. Show all posts
Showing posts with label corruption. Show all posts

Tuesday, May 24, 2016

Here's The Full List Of Organizations That Paid Hillary Clinton From 2013-2015

Tyler Durden's picture

http://www.zerohedge.com/news/2016-05-24/heres-full-list-organizations-paid-hillary-clinton-2013-2015
Submitted by Michael Krieger via Liberty Blitzkrieg blog,
Screen Shot 2016-05-23 at 3.35.50 PM
In its article titled, How Corporate America Bought Hillary Clinton for $21M, The New York Post details the companies and organizations that paid Hillary in speaking fees from 2013-2015.
The total comes to $21.7 million, which is a remarkable sum for one of the least charismatic and unimaginative orators the world has ever known.
The New York Post reports:
Screen Shot 2016-05-23 at 3.26.08 PM
Screen Shot 2016-05-23 at 3.19.03 PM
Screen Shot 2016-05-23 at 3.27.49 PM
Screen Shot 2016-05-23 at 3.28.30 PM
Screen Shot 2016-05-23 at 3.29.21 PM
Screen Shot 2016-05-23 at 3.32.02 PM
Screen Shot 2016-05-23 at 3.32.35 PM
So are you ready?
Screen Shot 2016-05-09 at 8.32.36 AM

Tuesday, May 17, 2016

America's Age Of Impunity

Tyler Durden's picture

http://www.zerohedge.com/news/2016-05-16/americas-age-impunity
Authored by Jeffrey Sachs, originally posted at The Boston Globe,
The Panama Papers opened yet another window on the global system of financial corruption, showing how political leaders and businesses use shell companies in secrecy havens like the British Virgin Islands and many US states to evade taxes and hide corruption and other crimes. Yet the system of corruption depends on another factor beyond secrecy, one that is perhaps even more important: impunity. Impunity means that the rich and powerful escape from punishment even when their malfeasance is in full view.
Impunity is epidemic in America. The rich and powerful get away with their heists in broad daylight. When a politician like Bernie Sanders calls out the corruption, the New York Times and Wall Street Journal double down with their mockery over such a foolish “dreamer.” The Journal recently opposed the corruption sentence of former Virginia governor Bob McDonnell for taking large gifts and bestowing official favors — because everybody does it. And one of its columnists praised Panama for facilitating the ability of wealthy individuals to hide their income from “predatory governments” trying to collect taxes. No kidding.
Our major institutions, the ones that should know better, are often gross enablers of impunity. Consider my alma mater, Harvard University, and its recent nuptial with hedge-fund manager John Paulson. Paulson was the coconspirator with Goldman Sachs of one of the most notorious scams of the recent financial bubble.
Paulson and Goldman constructed and marketed a portfolio of toxic assets to sell to unwitting investors so that Paulson could bet against the portfolio. Goldman and Paulson thereby turned the sucker investors’ quick $1 billion loss into an equivalent $1 billion gain for Paulson, with Goldman collecting on fees. The SEC fined Goldman but left Paulson untouched. As one disillusioned SEC investigator put it: The SEC is “an agency that polices the broken windows on the street level and rarely goes to the penthouse floors.” Yet Harvard was delighted last year to take $400 million of Paulson’s ill-gotten gains, leave Paulson with the rest, name its engineering school after Paulson, and declare Paulson to be “the epitome of a visionary leader.”
Impunity. Paulson remains a much-celebrated figure on Wall Street. He has many kindred spirits, such as his partner in crime, Goldman CEO Lloyd Blankfein, who has described himself as just a banker “doing God’s work.” Or consider JP Morgan CEO Jamie Dimon, whose bank has paid well over $30 billion in fines while Dimon remains CEO with a $27 million salary for 2015. The hedge-fund industry itself is a case study of impunity. With few exceptions, it is domiciled in tax and secrecy havens, enjoys crass tax breaks brokered by cronies in Congress (such as Wall Street Senator Chuck Schumer), and pays itself billion-dollar-plus paychecks even while leaving investors with below-market returns or outright losses over the years.
The recourse to cheating within the financial industry now seems to be deeply ingrained, part of the corporate culture, and enabled by the prevailing impunity. An ingenious scientific study published in December 2014 showed the rot. Employees of a major international bank were divided into a control group and a treatment group. All subjects were asked to flip a coin 10 times and report truthfully on the number of heads, with more heads resulting in a bigger monetary prize. The treatment group was subtlety reminded they were bankers, while the control group was not. Simply reminding them that they were professional bankers was enough to induce the employees to cheat by exaggerating the number of heads they flipped.
Impunity is of course not limited to banking. Consider the poster-child of impunity in Big Pharma, Gilead Sciences. Gilead brazenly bought the patents on a life-saving cure for Hepatitis C and then gouged patients and taxpayers by charging $1,000 per pill — for a drug that costs $1 per pill to manufacture. Hundreds of thousands of Americans are unable to afford treatment, and many are dying, while Gilead earns far more in profits each year than it paid for the patents. Gilead adds to this deadly effrontery by booking its profits in an offshore tax haven.
Or consider another tech company in the health sector, Theranos, led by Elizabeth Holmes, until recently much lionized on Wall Street. Holmes, it now seems, may have been lying about Theranos’s supposed high-tech blood-testing technology and reporting faulty blood test results to boot. Yet when confronted with these serious concerns, Theranos board member and famed lawyer David Boies expressed his view that the board has “complete confidence in Elizabeth Holmes as a founder of the company, as a scientist, and as an administrator.” It seems not to have dawned on Boies and the board to call for an urgent, impartial, and complete investigation of the serious allegations swirling around the company.
Impunity is not an accidental or incidental defect of American society. It is a system foisted on us by the rich and powerful, and it continues to work its magic. It has enabled Hillary Clinton to come within reach of the presidential nomination without releasing the transcripts of her highly paid speeches to Wall Street banks. The Clintons long ago perfected the art of impunity, becoming rich and powerful by blurring the lines between their campaign fund-raising, public policies in office, Clinton Foundation work, big-money speeches, and off-the-record favors for foreign governments.
This week British Prime Minister David Cameron hosted an Anti-Corruption Summit in London in the wake of the Panama Papers. He was speaking accurately when he was caught on an open microphone telling the Queen that leaders of two “fantastically corrupt countries,” Nigeria and Afghanistan, would be at the summit. Nigeria’s new president, Muhammadu Buhari, himself a corruption-fighter, concurred with Cameron’s assessment, but called on the UK to return the money stolen by Nigeria’s former leaders and deposited in British and other Western banks. He might well have added the historic role, for more than a half century, of Royal Dutch Shell in Nigeria’s oil-sector corruption.
Buhari is, in fact, making a much larger point. While there is enough top-level political corruption to go around — from Afghanistan and Nigeria to Malaysia, Brazil, South African, FIFA, and many more places — the channels of corruption and secrecy havens are largely owned and operated by the big boys — the United States and the UK — and depend absolutely on the gross impunity that prevails at the highest reaches of power and finance in the United States.

Thursday, April 21, 2016

One Commodity Trader Writes: "What Is Happening Has Absolutely No "Reasonable" Explanation"

Tyler Durden's picture

http://www.zerohedge.com/news/2016-04-20/one-commodity-trader-writes-what-happening-has-absolutely-no-reasonable-explanation


One commodity trader writes in with some very unique observations. From trader "Peter"
* * *
The insanity has now fully spilled into the commodity markets – a market which I professionally made a transition to after the 2008 crisis from the financial markets, simply because I believed it was a market that would still function according to true fundamentals…
I guess that only lasted so long…
The commodity markets have been prone to excessive speculation for years, but at the end, the thought of specializing in something “tangible” that EVENTUALLY would have to revert back to true supply and demand fundamentals made all the sense in the world.  Specially with the true circus that the financial markets have become since 2008…
* * *
From: XXXXXXXXXX
To: "Peter"
Sent: Wednesday, April 20, 2016 1:35 PM
Subject: volume totals today
774K of soybeans traded today and that would be a record by nearly 160K contracts as yesterday set the record at 615K.
Over 88K Jly/Nov traded today and 97K May/Jly traded.  Unheard of non-roll numbers.
Meal volume was 270K and we have to think that was a record as well but not 100% on that one.
Lots of ideas around to try and explain the move: from commercial short hedgers blowing out, Chinese pricing, product switching from Argentina to the US.
Not really sure if all or any of this is true but it was quite a wild session
* * *
From: "Peter"
Sent: Wednesday, April 20, 2016 2:41 PM
To: XXXXXXXXXX
Subject: RE: Some staggering volume totals today
Man… I would be VERY surprised if this was due to any of the reasons people are mentioning…
    Chinese pricing – I am very positive it does have something to do with it, but for the overnight session – not the daytime.
    Commercial hedgers blowing out – very possibly adding to the mess – but no way commercial volume takes us to these levels of ridiculousness in total volume…
    Product switching from ARG – yep, because we REALLY need to ration our 400+ mb bean stocks… LOL
This is way past insane, ridiculous, etc…
The “fundamental” reasons people are trying to ping to this are simply a nice “window dressing”…
There is nothing else that can explain this other than you know what?
Here comes my Very-REAL Conspiracy Theory: the stupid FED and other Central Bankers around the world acting in unison to artificially raise inflation so that they can hopefully get out of the F’ing mess they got themselves into with this low/negative rate BS.  Call me crazy, and I am not a “conspiracy theorist” – but what is happening has absolutely no “reasonable” explanation.  So I have to think outside the box…
The FED and other Central Banks have already destroyed the equity and other macro-financial markets… it is now turn for the commodities markets…
I am serious … I really am… I wish I was just being sarcastic… but pause for a moment and think about what is written above…
What explains the move in Crude? Ok, I could try and put some sort of “rationality” on the initial move from $26 - $40 (as crazy as it was), but the action in the oil market since Sunday’s “about face” in Doha?  No way anything other than pure, simple and outright manipulation can explain these last 3 days of action in the crude oil market… nothing…
How about the fact that the main drag on the inflation figures has been what? What? FOOD & ENERGY…
So is it so crazy to think that Central Bankers all got together in early 2016 and came up with the following equation???
ARTIFICIALLY RAISE COMMODITY VALUATIONS = HIGHER ARTIFICIAL INFLATION = CLAMORING FOR RATES TO BE RAISED = CENTRAL BANKS HAVING A “SUCCESSFUL” END TO THE CLUSTERFCK THEY GOT THEMSELVES AND THE REST OF ALL OF US INTO WITH THEIR “ZIRP” AND “NIRP” EXPERIMENTS…
Who or what has the power to produce such volume in such short amount of time?????? Not the powerful Chinese, not the commercials, not even the “regular” hedge fund crowd… This is much bigger than that Chris… much bigger…
When you pause and think about what I just wrote – it will not sound that crazy after all…
I truly wish I was joking…
I also wish I could let go of my natural makeup of focusing on “fundamentals” and just go long everything… but I don’t believe I can… and I am frankly and idiot for it…
Don’t write this off as some crazy conspiracy… Think about it… it is almost scary how much sense it makes…
At the end of the day… it is what it is…
Peter

Monday, April 11, 2016

Two Ways Hillary’s Private Email Operation Was Obviously Criminal

Eric Zuesse, originally posted at strategic-culture.org
As I noted on March 10th, Hillary Clinton, and her aides who cooperated with her privatization of information from the U.S. Department of State, were violating:
18 U.S. Code § 1519 – Destruction, alteration, or falsification of records in Federal investigations and bankruptcy
Current through Pub. L. 114-38. (See Public Laws for the current Congress.)
    US Code
prev | next
Whoever knowingly alters, destroys, mutilates, conceals, covers up, falsifies, or makes a false entry in any record, document, or tangible object with the intent to impede, obstruct, or influence the investigation or proper administration of any matter within the jurisdiction of any department or agency of the United States or any case filed under title 11, or in relation to or contemplation of any such matter or case, shall be fined under this title, imprisoned not more than 20 years, or both.
(Added Pub. L. 107–204, title VIII, § 802(a), July 30, 2002, 116 Stat. 800.)
— 
However, I’ve just now noticed that there’s also this, from the “U.S. Department of State Foreign Affairs Manual Volume 12 — Diplomatic Security”:
18 U.S.C. 
Section 641. Public money, property or records 
Whoever embezzles, steals, purloins, or knowingly converts to his use, or the use of another, or without authority, sells, conveys or disposes of any record, voucher, money, or thing of value of the United States or of any department or agency thereof, or any property made or being made under contract for the United States or any department or agency thereof, …

Shall be fined not more than $10,000 or imprisoned not more than ten years or both. …
Section 793. Gathering, transmitting or losing defense information …
(f) Whoever, being entrusted with or having lawful possession or control of any document, writing, code book, signal book, sketch, photograph, photographic negative, blueprint, plan, map, model, instrument, appliance, note, or information, relating to the national defense, (1) through gross negligence permits the same to be removed from its proper place of custody or delivered to anyone in violation of his trust, or to be lost, stolen, abstracted, or destroyed, or (2) having knowledge that the same has been illegally removed from its proper place of custody or delivered to anyone in violation of its trust, or lost, or stolen, abstracted, or destroyed, and fails to make prompt report of such loss, theft, abstraction, or destruction to his superior officer —  
Shall be fined not more than $10, 000 or imprisoned not more than ten years, or both. 
(g) If two or more persons conspire to violate any of the foregoing provisions of this section, and one or more of such persons do any act to effect the object of the conspiracy, each of the parties to such conspiracy, shall be subject to the punishment provided for the offense which is the object of such conspiracy. 
Therefore, the question exists for U.S. Attorney General Loretta Lynch, and for her boss Barack Obama, to decide whether former Secretary of State Hillary Clinton will be prosecuted, and also whether her subordinates (such as Jake Sullivan) who followed her instructions on these matters, will be prosecuted.
Furthermore, though millions of voters in Democratic Party primaries have already decided that Ms. Clinton should become the next U.S. President, future voters (and the 718 Democratic National Convention superdelegates) will also need to decide whether Ms. Clinton should represent the Democratic Party in the upcoming 8 November 2016 U.S. Presidential election.
This political decision will have to be made regardless of whether the current U.S. President (who might possibly have authorized his Secretary of State to violate these laws) decides to prosecute her. He might decide not to (or to inform his employee, Loretta Lynch, not to), but then the voters in the United States will still need to decide whether a person such as Ms. Clinton, should become the next U.S. President. Voters might decide that the mere fact of non-prosecution means her innocence, and that what she did in this matter is therefore to be simply ignored. That would be only a political, not a criminal, decsion — no verdict which possesses legal standing regarding legal penalties for her actions — but if it’s made without regard to what she has done (again, regardless of whether she is legally charged for having done it), then those voters will bear the sole responsibility for what she has done. And that will be a responsibility to — and a judgment to be made by — only history. It won’t be for any court, anywhere. (After all: dead people cannot be prosecuted, no matter what they might actually have done. Only living persons bear vulnerability to legal process.)
Nor would the presence or absence of legal process against her (for what she did in this matter) have any bearing upon whether, or not, what she did in it was the worst thing that she has done. It clearly is not. She has, in fact, done many harmful things, some even worse than participating in the national decision to invade Iraq in 2003 — her most infamous decision, but one in which her participation wasn’t actually very important (because 77% of U.S. Senators voted for it — 27% more than needed). Far more important, for example, was her decision, as the U.S. Secretary of State, to retain in power the coup-regime that took over Honduras on 28 June 2009, and which turned Honduras into the nation with the world’s highest murder-rate and the worst narco-state (from which tens of thousands still flee each year, many to be sent back into Honduras and who become killed by the very same drug gangs from which they had fled).
Anyone who thinks that what Hillary Clinton did regarding her email is the worst thing she has done, is woefully ignorant of what she has done. However, though there are criminal laws regarding her email matter, there are probably none regarding the worst things that she has done. She has created hell not only in Honduras, but for millions of people in many countries. And there are no legal penalties, for any of that. But, for her email matter, there are — even if they might not be enforced in her particular case.
Thus, if Hillary Clinton becomes the Democratic Party’s nominee, the Presidential election could end up being delivered to whomever the Republican nominee might be, because there’s the very real possibility that Ms. Clinton could be indicted after the Democratic National Convention ends on July 28th and before the November 8th Presidential election.
—————

Tuesday, April 5, 2016

Turkey: The Business Of Refugee Smuggling & Sex Trafficking

Tyler Durden's picture

http://www.zerohedge.com/news/2016-04-04/turkey-business-refugee-smuggling-sex-trafficking
Submitted by Uzay Bulut via The Gatestone Institute,
  • Professional criminals convince parents that their daughters are going to a better life in Turkey. The parents are given 2000-5000 Turkish liras ($700-$1700) as a "bride price" -- an enormous sum for a poor Syrian family.
  • "Girls between the ages of twelve and sixteen are referred to as pistachios, those between seventeen and twenty are called cherries, twenty to twenty-two are apples, and anyone older is a watermelon." — From a report on Turkey, by End Child Prostitution, Child Pornography and Trafficking of Children for Sexual Purposes (ECPAT).
  • Many Muslims have difficulty with, or even an aversion to, assimilating into the Western culture. Many seem to have the aim of importing to Europe the culture of intimidation, rape and abuse from which they fled.
  • Although the desperate victims are their Muslim sisters and brothers, wealthy Arab states do not take in refugees. The people in this area know too well that asylum seekers would bring with them problems, both social and economic. For many Muslim men such as wealthy, aging Saudis, it is easier to buy Syrian children from Turkey, Syria or Jordan as cheap sex slaves.
On International Women's Day, March 8, Turkish news outlets covered the tragic life and early death of a Syrian child bride.
Last August, in Aleppo, Mafe Zafur, 15, married her cousin Ibrahim Zafur in an Islamic marriage. The couple moved to Turkey, but the marriage ended after six months, when her husband abruptly threw out of their home. With nowhere to sleep, Mafe found shelter with her brother, 19, and another cousin, 14, in an abandoned truck.
On 8 March, Mafe killed herself, reportedly with a shotgun. Her only possession, found in her pocket, was her handwritten marriage certificate.
Mafe Zafur is only one of many young Syrians who have been victims of child marriage. Human rights groups report even greater abuse that gangs are perpetrating against the approximately three million Syrians who have fled to Turkey.
A detailed report on Syrian women refugees, asylum seekers, and immigrants in Turkey, issued as far back as 2014 by the Association for Human Rights and Solidarity with the Oppressed (known in Turkish as Mazlumder), tells of early and forced marriages, polygamy, sexual harassment, human trafficking, prostitution, and rape that criminals inflicted upon Syrians in Turkey.
According to the Mazlumder report, Syrians are sexually exploited by those who take advantage of their destitution. Children, especially girls, suffer most.
Evidence, both witnessed and forensic, indicates that in every city where Syrian refugees have settled, prostitution has drastically increased. Young women between the ages of 15 and 20 are most commonly prostituted, but girls as young as thirteen are also exploited.
Secil Erpolat, a lawyer with the Women's Rights Commission of the Bar Association in the Turkish province of Batman, said that many young Syrian girls are offered between 20 and 50 Turkish liras ($7-$18). Sometimes their clients pay them with food or other goods for which they are desperate.
Women who have crossed the border illegally and arrive with no passport are at high risk of being kidnapped and sold as prostitutes or sex slaves. Criminal gangs bring refugees to towns along the border or into the local bus terminals where "refugee smuggling" has become a major source of income.
Professional criminals convince parents that their daughters are going to a better life in Turkey. The parents are given 2000-5000 Turkish liras ($700-$1700) as a "bride price" -- an enormous sum for a poor Syrian family -- to smuggle their daughters across the border.
"Many men in Turkey practice polygamy with Syrian girls or women, even though polygamy is illegal in Turkey," the lawyer Abdulhalim Yilmaz, head of Mazlumder's Refugee Commission, told Gatestone Institute. "Some men in Turkey take second or third Syrian wives without even officially registering them. These girls therefore have no legal status in Turkey. Economic deprivation is a major factor in this suffering, but it is also a religious and cultural phenomenon, as early marriage is allowed in the religion."
Syrian women and children in Turkey also experience sexual harassment at work. Those who are able to get jobs earn little -- perhaps enough to eat, but they work long and hard for that little. They are also subjected to whatever others choose to do to them as they work those long hours.
A 16-year old Syrian girl, who lives with her sister in Izmir, told Mazlumder that "because we are Syrians who have come here to flee the war, they think of us as second-class people. My sister was in law school back in Syria, but the war forced her to leave school. Now unemployed men with children ask her to 'marry' them. They try to take advantage of our situation."
If they are Kurds, they are discriminated against twice, first as refugees, then as Kurds. "The relief agencies here help only the Arab refugees; when they hear that we are Kurds, they either walk away from us, or they give very little, and then they do not return."
The organization End Child Prostitution, Child Pornography and Trafficking of Children for Sexual Purposes (ECPAT) has produced a detailed report on the "Status of action against commercial sexual exploitation of children: Turkey." ECPAT's report cites, from the 2014 Global Slavery Index, estimates that the incidence of slavery in Turkey is the highest in Europe, due in no small measure to the prevalence of trafficking for sexual exploitation and early marriage.
The ECPAT report quotes a U.S. State Department study from 2013: "Turkey is a destination, transit, and source country for children subjected to sex trafficking."
The ECPAT report continues,
"There is a risk of young asylum seekers disappearing from accommodation centres and becoming vulnerable to traffickers.

"It is feared that reports from the UN-run Zaatari refugee camp for Syrians in Jordan are equally true for camps in Turkey: aging men from Saudi Arabia and other Gulf states take advantage of the Syrian crisis in order to purchase cheap teenage brides.

"Evidence indicates that child trafficking is also happening between Syria and Turkey by established 'matchmakers' who traffic non-refugee girls from Syria who have been pre-ordered by age. Girls between the ages of twelve and sixteen are referred to as pistachios, those between seventeen and twenty are called cherries, twenty to twenty-two are apples, and anyone older is a watermelon."
Apparently, 85% of Syrian refugees live outside refugee camps, and therefore cannot even be monitored by an international agency.
Many refugee women in Turkey, according to the lawyer and vice-president of the Human Rights Association of Turkey (IHD), Eren Keskin, are forced to engage in prostitution outside, and even in, refugee camps built by the Turkish Prime Minister's Disaster and Emergency Management Authority (AFAD).
"There are markets of prostitution in Antep. Those are all state-controlled places. Hundreds of refugees -- women and children -- are sold to men much older than they are," said Keskin. "We found that women are forced into prostitution because they want to buy bread for their children."
Keskin said that they have received many complaints of rape, sexual assault and physical violence from refugees in the camps in the provinces of Hatay and Antep. "Despite all our attempts to enter those camps, the officials have not allowed us to."

The Human Rights Association of Turkey has received many complaints of rape, sexual assault and physical violence from Syrian refugees in camps in Turkey. (Image source: UNHCR)
Officials at AFAD, however, have strongly denied the allegations. "We provide refugees with education and health care. It is sad that after all the devoted work that AFAD has done to take care of refugees for the last five years, such baseless and unjust accusations are directed at us," a representative of AFAD told Gatestone.
"The number of refugees in Turkey has reached to 2.8 million. Turkey has twenty-six accommodation centers in which about three hundred thousand refugees live. Those centers are regularly monitored by the UN; some UN officials are based in them."
"Many refugees could have been provided with jobs suited to their training or skills," Cansu Turan, a social worker with the Human Rights Foundation of Turkey (TIHV), told Gatestone.
"But none of them was asked about former jobs or educational background when they Turkish officials registered them. Therefore, they can work only informally and under the hardest conditions just to survive. This also paves the way for their sexual exploitation.

"The most important question is why the refugee camps are not open to civil monitoring. Entry to refugee camps is not allowed. The camps are not transparent. There are many allegations as to what is happening in them. We are therefore worried about what they are hiding from us."
"At our public centers where we provide support for refugees," Sema Genel Karaosmanoglu, the Executive Director of the Support to Life organization, told Gatestone.
"We have encountered persons who have been victims of trafficking, sexual, and gender-based violence.

"There is still no entry to the camps, and there is no transparency as entry is only possible after getting permission from relevant government institutions. But we have been able to gain access to those camps administered by municipalities in the provinces of Diyarbakir, Batman, and Suruc, Urfa."
A representative at AFAD, however, told Gatestone that "the accommodation centers are transparent. If organizations would like to enter those places, they apply to us and we evaluate their applications. Thousands of media outlets have so far entered the accommodation centers to film and explore the life in them."
"The number of current refugees is already too high," said the lawyer Abdulhalim Yilmaz, head Mazlumder's Refugee Commission. "But many Arab states, including Saudi Arabia and Bahrain, have not taken in a single Syrian refugee so far. And there are tens of thousands of refugees waiting at the borders of Turkey."
If these women and children knew what was possibly awaiting them in Turkey, they would never set foot in the country.
This is the inevitable outcome when a certain culture -- the Islamic culture -- does not have the least regard for women's rights. Instead, it is a culture of rape, slavery, abuse and discrimination that often exploits even the most vulnerable.
The horror is that Turkey is the country that the EU is entrusting to "solve" the serious problem of refugees and migrants.
The international community needs to protect Syrians, to cordon off parts of the country so that more people will not want to leave their homes to become refugees or asylum seekers in other countries. Perhaps many Syrians would even return to their homes.
The West has always opened its arms to many beleaguered individuals from Muslim countries -- such as 25-year-old Afghan student and journalist Sayed Pervez Kambaksh, who was beaten, taken to prison, and sentenced to death in 2007 for downloading a report on women's rights from the internet and for questioning Islam.
It was Sweden and Norway that helped Kambaksh to flee Afghanistan in 2009 by helping him get access to a Swedish government plane. Kambaksh is now understood to be in the United States.
Several European countries, however, have become the victims of the rapes, murders and other crimes committed by the very people who have entered the continent as refugees, asylum seekers or migrants.
Europe is going through a security problem, as seen in the terrorist attacks in Paris and Brussels. Many Muslims have difficulty with, or even an aversion to, assimilating into the Western culture. Many seem to have the aim of importing to Europe the culture of intimidation, rape and abuse from which they fled.
It would be more just and realistic if Muslim countries that share the same linguistic and religious background as Syrian refugees -- and that are preferably more civilized and humanitarian than Turkey -- could take at least some responsibility for their Muslim brothers and sisters. Although the desperate victims are their Muslim sisters and brothers, wealthy Arab states do not take in refugees. We have not seen any demonstrations with signs that read "Refugees Welcome!" People know that asylum seekers would bring with them problems, both social and economic. For many Muslim men such as wealthy, aging Saudis, it is easier to buy Syrian children from Turkey, Syria or Jordan as cheap sex slaves.
Women and girls are not, to many, human beings who deserve to be treated humanely. They are only sex objects whose lives and dignity have no value. Syrians are there to abuse and exploit. The only way they can think of helping women is to "marry" them.

Monday, April 4, 2016

Mossack Fonseca: The Nazi, CIA And Nevada Connections... And Why It's Now Rothschild's Turn

Tyler Durden's picture

http://www.zerohedge.com/news/2016-04-03/mossack-fonseca-nazi-cia-and-nevada-connections-and-why-its-now-rothschilds-turn
For all the media excitement about the disclosed names in the "Panama Papers" leak, in this case represented by the extensive list of Mossack Fonseca clients, this is not a story about which super wealthy individuals did everything in their power, both legal and illegal, to avoid taxes, preserve their financial anonymity, and generally preserve their wealth. After all, that's what they do, and it should not come as a surprise that they will always do that, especially following last year's disclosure by the same ICIJ which revealed a list of 100,000 HSBC clients who had been dutifully avoiding the payment of taxes.
What the story is about is the nebulous world of offshore tax evasion and tax havens, which based on data from the World Bank, IMF, UN, and central banks, hide between $21 and $32 trillion, where registered incorporation agents and law firms in small Caribbean countries (and not so small US states) make the laundering of money and the "disappearance" of the super wealthy, into untracable numbers hidden behind shell companies, possible.
So, in order to learn some more about the real star of this story, the Panamanian lawfirm of Mossack Fonseca, we went to Fusion which has compiled a fascinating story of the company's history, founders, and key milestone events in its life.


These include the Nazis, the CIA, Mexican drug lords, and of course, the U.S.
First, here is the Nazi and CIA connection:
Jurgen Mossack’s family landed here in the 1960s. During World War II, his father had served in the Nazi Party’s Waffen-SS, according to U.S. Army intelligence files obtained by the ICIJ. Once in Panama, the elder Mossack offered to spy on communists in Cuba for the CIA. (Mossack Fonseca said the firm “will not answer any questions related to private information regarding our company founding partners.”)
Here is the connection to Mexican drug lord Rafael Caro Quintero, and perhaps to the DEA:
Many times Mossack Fonseca has had no clue which nefarious characters were doing what with the companies the firm created – as when Jurgen discovered in 2005, according to internal emails, that he was the registered agent and listed as the director for a company controlled by the Mexican drug lord Rafael Caro Quintero. The co-founder of the Guadalajara Cartel was convicted in Mexico in 1985 for the brutal murder of U.S. DEA agent Enrique “Kiki” Camarena. (Today, Quintero is again considered a fugitive by the US after walking out of prison in 2013 on a technicality).

Mossack Fonseca’s senior partners instructed an employee to carry out their resignation from the company upon the discovery. "Pablo Escobar was like a newborn compared to R. Caro Quintero!” Jurgen wrote in reaction to the news. “I wouldn't want to be among those he visits after he leaves prison!"
And then there is the state of Nevada:
In 2013, an Argentine prosecutor’s report linked Nevada-incorporated shell companies involved in a major corruption scandal to Mossack Fonseca. When those shell companies became the subject of a federal court battle in Nevada, the leaked files show, Mossack Fonseca employees took steps to remove paper records and to wipe computer files and phone logs at its Las Vegas office. One employee even traveled from Central America to Nevada to bring back files. “When Andrés came to Nevada he cleaned up everything and brought all documents to Panama,” according to an email dated Sept. 24, 2014.

Mossack Fonseca said it “categorically” denies hiding or destroying documents in its statement to the ICIJ: “Let us be clear that it is not our policy to hide or destroy documentation that may be of use in any ongoing investigation or proceeding.”

The leaked records also contradict sworn testimony by Jurgen Mossack, who told the federal district court that his firm was separate from “MF Nevada,” its office in Las Vegas, and had no control over it. Mossack Fonseca “has never maintained an office, establishment or principal place of business in Nevada,” Mossack testified in July 2015. But, according to the ICIJ investigation, internal documents show the opposite, indicating that the firm’s Panama City headquarters controlled MF Nevada’s bank account, and that the firm’s co-founders and one other official with the company owned 100 percent of MF Nevada.
Why is Nevada important? Because recall that according to a recent investigation by Bloomberg, "The World’s Favorite New Tax Haven Is the United States" ...

... and specifically several US states such as Nevada, Wyoming and South Dakota.
After years of lambasting other countries for helping rich Americans hide their money offshore, the U.S. is emerging as a leading tax and secrecy haven for rich foreigners. By resisting new global disclosure standards, the U.S. is creating a hot new market, becoming the go-to place to stash foreign wealth. Everyone from London lawyers to Swiss trust companies is getting in on the act, helping the world’s rich move accounts from places like the Bahamas and the British Virgin Islands to Nevada, Wyoming, and South Dakota.

How ironic—no, how perverse—that the USA, which has been so sanctimonious in its condemnation of Swiss banks, has become the banking secrecy jurisdiction du jour,” wrote Peter A. Cotorceanu, a lawyer at Anaford AG, a Zurich law firm, in a recent legal journal. “That ‘giant sucking sound’ you hear? It is the sound of money rushing to the USA.”
That money is rushing for one simple reason: dirty foreign - and local - money is welcome in the U.S., no questions asked, to be shielded by the most impenetrable tax secrecy available anywhere on the planet.
One may even say that nowadays, US-based tax havens are the new Switzerland, or Bahamas or, for that matter, Panama. Indeed, for most Americans, offshore tax haven are now meaningless with the passage of the FATCA law, which makes the parking of dirty US money abroad practically impossible. So where does that money go instead - it stays in the US:
Others are also jumping in: Geneva-based Cisa Trust Co. SA, which advises wealthy Latin Americans, is applying to open in Pierre, S.D., to “serve the needs of our foreign clients,” said John J. Ryan Jr., Cisa’s president.

Trident Trust Co., one of the world’s biggest providers of offshore trusts, moved dozens of accounts out of Switzerland, Grand Cayman, and other locales and into Sioux Falls, S.D., in December, ahead of a Jan. 1 disclosure deadline.

Cayman was slammed in December, closing things that people were withdrawing,” said Alice Rokahr, the president of Trident in South Dakota, one of several states promoting low taxes and confidentiality in their trust laws. “I was surprised at how many were coming across that were formerly Swiss bank accounts, but they want out of Switzerland.”
And, to top it off, there is one specific firm which is spearheading the conversion of the U.S. into Panama: Rothschild.
Rothschild, the centuries-old European financial institution, has opened a trust company in Reno, Nev., a few blocks from the Harrah’s and Eldorado casinos. It is now moving the fortunes of wealthy foreign clients out of offshore havens such as Bermuda, subject to the new international disclosure requirements, and into Rothschild-run trusts in Nevada, which are exempt.

* * *

For financial advisers, the current state of play is simply a good business opportunity. In a draft of his San Francisco presentation, Rothschild’s Penney wrote that the U.S. “is effectively the biggest tax haven in the world.” The U.S., he added in language later excised from his prepared remarks, lacks “the resources to enforce foreign tax laws and has little appetite to do so.”
Yes, Mossack Fonseca may now be history, and its countless uberwealthy clients exposed, but none other than Rothschild is now delighted to be able to fill its rather large shoes. In fact, someone with a conspiratorial bent may decide that today's dramatic takedown of the Panama "offshoring" industry was nothing more than a hit designed to crush the competition of domestic "tax haven" providers... suxh as Rothschild.

Tuesday, March 29, 2016

America Hits Rock Bottom: Cities Are Paying Criminals $1000 Per Month "Not To Kill"

Tyler Durden's picture

http://www.zerohedge.com/news/2016-03-28/america-hits-rock-bottom-cities-are-paying-criminals-1000-month-not-kill
It is widely known that in the past 6 months there has been a loud debate about helicopter money, i.e., giving out ordinary people (bypassing the banks) money directly printed by the Fed. What is less known is that when it comes to the most despicable underbelly of American society, cash to the tune of $1000 per month is already being "helicoptered" to some of the most brazen criminals living in the US today with one simple condition: "don't kill people."
* * *
Take the case of Lonnie Holmes, 21, who lives in Richmond, a working-class suburb north of San Francisco and whose four his cousins had died in shootings. He was a passenger in a car involved in a drive-by shooting, police said. And he was arrested for carrying a loaded gun. When Holmes was released from prison last year, officials in this city offered something unusual to try to keep him alive: money. They began paying Holmes as much as $1,000 a month not to commit another gun crime.


This is not just appeasement: it's sheer idiocy pure and simple, and it's only just starting.
According to the WaPo, "cities across the country, beginning with the District of Columbia, are moving to copy Richmond’s controversial approach because early indications show it has helped reduce homicide rates."
If readers are shocked by this "modest payment" it is for a good reason: the program requires governments to reject some basic tenets of law enforcement even as it challenges notions of appropriate ways to spend tax dollars.
In Richmond, the city has hired ex-convicts to mentor dozens of its most violent offenders and allows them to take unconventional steps if it means preventing the next homicide. For example, the mentors have coaxed inebriated teenagers threatening violence into city cars, not for a ride to jail but home to sleep it off — sometimes with loaded firearms still in their waistbands. The mentors have funded trips to South Africa, London and Mexico City for rival gang members in the hope that shared experiences and time away from the city streets would ease tensions and forge new connections.
And when the elaborate efforts at engagement fail, the mentors still pay those who pledge to improve, even when, like Holmes, they are caught with a gun, or worse — suspected of murder.

The city-paid mentors operate at a distance from police. To maintain the trust of the young men they’re guiding, mentors do not inform police of what they know about crimes committed. At least twice, that may have allowed suspected killers in the stipend program to evade responsibility for homicides.

And yet, interest in the program is surging among urban politicians. Officials in Miami, Toledo, Baltimore and more than a dozen cities in between are studying how to replicate Richmond’s program.

The District of Columbia is first in line.
The arrival of "Pay not to Spray" (as we have dubbed it) was not without controversy: implementing the Richmond model has emerged as a central fight this year between D.C. Mayor Muriel E. Bowser and the D.C. Council.
Bowser (D) is opposed to the strategy, arguing that the city should instead use its resources to fund jobs programs and that there is little independent analysis of the Richmond program. The mayor did not include money for it in her proposed 2017 budget released Thursday, and Police Chief Cathy L. Lanier said she is skeptical of the need for the Richmond-style program and has not seen sufficient data to verify its results.

She and Kevin Donahue, Bow­ser’s deputy mayor for public safety, question the veracity of Richmond’s claims of having saved so many of the city’s most violent offenders, since mentors — and not police — pick the participants and there has not been a control group used to measure outcomes. “There’s never been a real evaluation of the program,” Lanier said. “They didn’t design the program to allow it to be evaluated,” Donahue added.

But this month, the D.C. Council unanimously approved the idea as the best response to a surge of violent deaths that rocked the city last year. D.C. Council member Kenyan R. McDuffie (D-Ward 5) has promised to shift money from the mayor’s other law-enforcement priorities to launch the program. He said the successes in Richmond cannot be ignored by city leaders serious about reducing crime.
Actually it can, because what this program does is shift incentives for ordinary Americans to become extraordinary criminals with hopes of being rewarded by the government for curbing any future outbursts of violent behavior.
But when it comes to nuances such as these, the government rarely pay attention; instead it looks at an isolated case and extrapolates. In this case the case is that of Richmond. This is what happened there:
Five years into Richmond’s multimillion-dollar experiment, 84 of 88 young men who have participated in the program remain alive, and 4 in 5 have not been suspected of another gun crime or suffered a bullet wound, according to DeVone Boggan, founder of the Richmond effort.

In 2007, Richmond’s homicide tally had surged to 47, making it the country’s sixth-deadliest city per capita. In the 20 years prior to that, Richmond lost 740 people to gun violence, and more than 5,000 had been injured by a bullet. Elected leaders of the heavily African American city of about 100,000 began treating homicides as a public health emergency.

Boggan, who had lost a brother in a shooting in Michigan, came up with the core of the program after reading about a paid business school fellowship. He wondered whether troubled young men couldn’t be approached the same way and be paid to improve their lives. But he had to raise the money because he couldn’t persuade officials to give tax dollars directly to violent firearms offenders.

He hired men who had served time across San Francisco Bay at California’s San Quentin State Prison, often for their own gun crimes on the streets of Richmond.

Boggan and his streetwise crew of ex-cons selected an initial group of 21 gang members and suspected criminals for the program. One night in 2010, he persuaded them to come to city hall, where he invited them to work with mentors and plan a future without guns. As they left, Boggan surprised each one with $1,000 — no strings attached.
How does the case payment system work?
Those in the program begin by drafting a “life map” and setting goals — such as applying for a job, going back to school or communicating better with family. They meet with facilitators who, unbeknown to the young men, are psychologists or sociologists. Together, they talk through issues in what amounts to stealth therapy.

If they remain engaged for six months, meeting with mentors several times a week, they start to receive monthly payments between $1 and $1,000, depending on their level of participation. The maximum amount paid is $9,000 over the 18-month fellowship.

The program has handed out $70,000 a year, on average, since 2010, Boggan said.
How does Boggan and his staff know it doesn’t go to drugs? Or bullets? They maintain that the money is "an indispensable tool, a way to keep kids engaged long enough to make a difference in their lives."
Of course, they have no way of confirming the counterfactual, just like central banks can't confirm that without 8 years of ZIRP, NIRP and QE the world would not have been growing at a steady pace by now. They can only keep repeating it until they lose all credibility.
“This is controversial, I get it,” Boggan said. “But what’s really happening is that they are getting rewarded for doing really hard work, and it’s definite hard work when you talk about stopping picking up a gun to solve your problems.
Yes, you read that right: in certain segments of US society it is considered hard work to "stop picking up a gun to solve your problems."
Here is another "success story": Sam Vaughn, a senior mentor, is more direct as he sits behind the wheel of a city-issued sedan on a recent morning, cruising a neighborhood looking for those who are in the program.
“We don’t know where it goes, and I’m not sure we always would want to know where it goes,” he said. Program managers, such as Vaughn, say they hope that the young men come to realize that the money is best spent on bills and making progress toward a safe, secure livelihood. He offers his own past as a cautionary tale: He beat a man into a vegetative state with the barrel of a gun and served 10 years in prison.

Vaughn turns a corner and stops at the sight of a black car parked in front of a row of vacant houses pockmarked by bullet holes.

Holmes rolls down his window upon seeing Vaughn. A cloud of marijuana smoke escapes into the rainy morning.
So far, the attention — and money — seems to be working for Holmes. Although the $1,500 he has received since getting out of prison last fall has not led to a miraculous transformation, it enabled him to make a down payment on his black 2015 Nissan Versa — something meaningful for a young man who for many years was homeless.

He now spends hours each day in the car, driving around with friends, often smoking pot but not “hunting” — Vaughn’s term for seeking conflict with rivals.

Sam Vaughn, left, and James Houston are "neighborhood
change agents" with the Office of Neighborhood Safety in
Richmond, Calif., who are trying to curb shootings
The good news: "Holmes settles back in the car and picks up a new blunt passed from a
buddy in the back seat. He paused before inhaling. “If they do this in
D.C., definitely, I think it will keep robberies down,” he said."
Well, that's clearly a resounding endorsement. Sadly there is an ugly side to this experiment in sheer idiocy:
On a recent day, three of the program’s 20 fellows sat in jail, charged with violating parole restrictions after they gathered with suspected gang members. One of them also was carrying a gun when police descended on the hangout, which means he could face a long term if convicted. 

There have been worse failures. Four of the program’s fellows have died since 2010, including two who were killed by other fellows, said Boggan and Vaughn. The suspected killers have not been charged and remain in the program.

“We’ve still got to deal with that fellow,” Vaughn said. “Because who’s to keep him from killing another one . . . ?”

Although the program appears to largely be working for its small group of recruits, homicides citywide are rising again, raising questions about its wider impact across Richmond.

After reaching a record low 11 homicides in 2014, killings nearly doubled in Richmond last year and are on pace to match that again this year. 

And Boggan, 49, and Vaughn, 39, say their fourth class of recruits, younger than the first three — are progressing surprisingly slowly, and the mentors acknowledge that they are having a harder time connecting with the class of “youngsters.”
Maybe it's the constant smoking of pot purchased with some of the anti-blood money? Meanwhile, Vaughn and other mentors gather each morning to scour fellows’ Facebook and Instagram accounts, noting emojis of guns and bullets and references to past killings for signs of brewing conflict.
And then comes the moment of total failure:
Two killings in the past month — of a 14-year-old and 15-year-old — have pierced the aura of success. For all the efforts by the mentors to identify the most likely to be caught in violence and bring them into the program, they weren’t aware of either of the victims.

Family and friends leave the burial place earlier this month of
a 14-year-old  boy who was fatally shot at close range.

That, however, appears not to daunt D.C., where the insanity will be funded by taxpayers:
While the California strategy relies on private donors to fund the stipends and travel, the District would probably use roughly a half-million dollars annually in taxpayer money.
And then this: "Vaughn applauds the District for proposing to use tax dollars, because he said it would give city residents and leaders a stake in the program’s success. The proof of whether it’s working will be seen in the city’s homicide tally, he said."
Unfortunately it won't give residents any say if spending their hard earned taxes on funding recidivist killers is the best use of said money.
“We don’t have any model fellows — we’re not graduating law school students here,” said Vaughn. “All we’re trying to do is to get these guys to stop killing each other.”
And "we" are doing it by engaging in what has clearly worked so well in recent "New Normal" history: throwing money at the problem and hoping it somehow fixes itself.

Friday, March 25, 2016

America’s Laughable ‘News’ Media

Eric Zuesse, originally posted at strategic-culture.org
As of Friday March 4th, democracy ended in Turkey, but you’d hardly have known it by reading the international ‘news’ at the major (and at most of the minor) U.S.-based ‘news’ sites, as of around 4PM Eastern time in the U.S., nearly a day after the event. Nor has it been announced even now, ten days after that historic event occurred.
Here was the ‘news’ coverage the next day, March 5th, 24 hours after the event:
The New York Times World News section online buried nearly a third of the way down the main page, “Turkey Seizes Newspaper, Zaman, as Press Crackdown Continues,” immediately below “Gunmen Kill 16 at Nursing Home in Yemen.” The news report didn’t even mention that the government-seizure of Turkey’s largest newspaper and its associated equivalent of America’s AP news-service constitutes the signal event in Turkish President Erdogan’s ending of his country’s democracy. It’s like: when did the NYT ever report that George W. Bush had lied about the evidence he had regarding “Saddam’s WMD”? Never.
Nonetheless, that page’s box which was headlined “Most Emailed” showed: “1. Turkey Seizes Newspaper Zaman, as Press Crackdown Continues.” No matter how much the Times’s management wanted to downplay the event and its significance, readers still were emailing it more than any other story in the entire section. Apparently, reader-interest is one thing, but what the management want the readers to be informed about is something quite different (and that’s not even talking about accuracy, but deception is rampant in America’s mainstream and almost all of its non-mainstream ‘news’ reporting). Perhaps the corporation makes up for it in advertising-income from their major advertisers, who don’t want the public to have their eyes focused on certain things (such as that NATO, and Turkey’s being in  NATO, aren’t about ‘American values’ nor ‘U.S. national security’, but about ultimately conquering Russia). And people still subscribe to it? Yes, they do; they pay their good money for that bad ‘journalism’; after all, that’s ‘journalism’ which wins lots of U.S. national awards (not that that’s any authentic indication of the newspaper’s quality — it’s not).

By contrast: Britain’s Independent  came closer to the mark of reality, placing the story front and large on its homepage as the top news-story of all, which it actually is: “Seizure of Newspaper Could Cost Turkey Its Place in Europe, Warns EU Official.” (But, maybe not its place in the American-run NATO — after all, the U.S. aristocracy needs Turkey for things like shooting down Russian bombers that are killing jihadists who want to replace Russia’s ally Bashar al-Assad’s secular, non-sectarian, government, which the U.S. has long been trying to overthrow.)
The Huffington Post’s homepage had as its lead headline, “155 Delegates at Stake,” and 20% down the page headlined “Turkish Police Fire Tear Gas At Newspaper As EU Officials Lament Press Record”. That news-report was from Reuters, not HuffPo, and the headline was rather ho-hum and certainly ignored the real story here, but having to go 20% down the homepage to find it isn’t quite so terrible, even if that’s not where it belongs — it belongs at the very top of the homepage (and with a headline like “Democracy Ends in Turkey,” which fairly represents both the event and its significance).
Meanwhile, HuffPo’s Worldpost section itself also  didn’t lead with this story, but instead with, “A Dangerous Country for Women: The Shocking Reality Of The Sexual Violence In Papua New Guinea” — a tragic cultural reality there, but no actual news-story, much less a news-story that will possibly affect the future history of the entire world. Then, was shown as only an AP headline, down below all of the featured stories (the ones that had pictures there), down in the lower portion of Huffpost’s Worldpost section, was this: “Protestors Met With Tear Gas After Turkey Seizes Control Of Newspaper.” That’s even worse than the NYT. However, unlike the NYT, a reader’s access to all of HP is free; so, readers’ pocketbooks aren’t being charged to read whatever it is.
And then, on March 9th, if one googled the phrase “Democracy Ended in Turkey”, what did one find?
The first listing was “The End of Turkey’s Experiment With Democracy”; that’s dated 16 November 2015, and it’s a professor’s allegation that Turkey’s parliamentary elections on November 1st shouldn’t be called “free and fair.” Perhaps not, but sometimes even Presidential elections in our own country are similarly challenged, without alleging “The End of America’s Experiment With Democracy.”
Another leading listing there was “Turkish Democracy Is Being Quietly Stolen”; that’s dated 4 August 2015, and it’s a Bloomberg columnist’s argument that Erdogan’s policies were set on a path to “revive the ethnic hatreds that mired Turkey in a 30-year war starting in the mid-1980s, costing an estimated 40,000 lives and untold economic opportunity.”
Googling “Democracy Ends in Turkey” produced only one article, my own on March 4th.
Even as of now, there is nowhere the headline “Democracy Ended in Turkey,” despite the fact that it did happen, ten days ago on March 4th, when the Erdogan government took over the nation’s largest newspaper and replaced the personnel. Do American ‘news’ media not think that, if, say, the U.S. government took over and replaced the personnel at The New York Times, we’d have any excuse whatsoever for still calling the U.S. a “democracy”? Maybe they think that freedom of the press to criticize the government isn’t really necessary  in a ‘democracy’. That appears to be the virtually universal opinion in our press.
What does this say about whether the United States is  a democracy?
Not only did just a few small websites run my news-report, which I had submitted (free-of-charge) to all U.S. ‘news’ media; but, even five days later, none of the ones that didn’t run it had yet reported that democracy had ended in Turkey. Though it’s major news, only few and small news-media in the U.S. have reported it, even now, ten days after it happened. Will they ever  report it? Each day that they don’t, makes it even more embarrassing for them that they didn’t. Thus, the best business-decision in such a case is: don’t report it at all. So: maybe they won’t. Ever (except in history-books, perhaps). It’s similar to the situation: there has been no headline “George W. Bush Lied About WMD.” But he did; it merely wasn’t reported, not even after the fact (until I wrote about it in a 2004 book, which few people bought). (When I told major ‘news’ reporters, at the time of the evidence, in September 2002, none were interested; none reported on it, when it was  news.)
Why one would pay for any ‘news’ medium, in the U.S., is a problematic question, given the almost uniformly low quality of the news-service they’re all providing to their readers.
Has the U.S. aristocracy’s manipulation of its ‘news’ ‘reporting’ ever been more blatant than is the case today? Not only does the ‘news’ lack the important relevant historical, cultural, and political, context, in order for it to be able to be at all accurately interpreted and understood by readers, but the news-placement  is obviously driven by other considerations than to serve the readers’ needs — such as the readers’ needs for the most-significant stories to be in the most-prominent positions. 
Ulterior motives obviously drive America’s ‘news’ media. To call that a ‘free’ press is to beg the question: Who owns the press, and whose interests are the employees of ‘news’ organizations (the reporters and the editors) actually being hired to serve? The advertisers’? The owners’? Surely not  the subscribers.
If America’s ‘news’ media aren’t trusted, there’s very sound reason for that: they shouldn’t  be; and that’s because there’s no intelligent reason for the public to trust them. None.
—————

Wednesday, March 23, 2016

Democratic Party Superdelegates Protect the Establishment From Uncorrupted Outsiders

Text and artwork by Anthony Freda.
http://www.washingtonsblog.com/2016/03/democratic-party-superdelegates-protect-establishment-uncorrupted-outsiders.html
The 717 Democratic Party insiders, a.k.a. Superdelegates are not bound to the will of the voters.
Ten percent of these Superdelegates are current or former lobbyists.
41 of these lobbyists have already committed to party favorite, Clinton.
Their votes could be the deciding factor in a close election.
The procedure was adopted to protect the party establishment from “grassroots activists”. (a.k.a. uncorrupted outsiders)
Democratic National Committee Chair Debbie Wasermann Schultz said this about superdelegates (also called unpledged delegates):
“…unpledged delegates exist to make sure that party leaders and elected officials don’t have to be in a position where they are running against grassroots activists…”
Freda

Related Posts

Thursday, February 18, 2016

This Is The Real Reason For The War On Cash

Tyler Durden's picture

http://www.zerohedge.com/news/2016-02-18/end-economic-liberty-war-cash-wont-end-well
Originally posted Op-Ed via The Wall Street Journal,
These are strange monetary times, with negative interest rates and central bankers deemed to be masters of the universe. So maybe we shouldn’t be surprised that politicians and central bankers are now waging a war on cash. That’s right, policy makers in Europe and the U.S. want to make it harder for the hoi polloi to hold actual currency.
Mario Draghi fired the latest salvo on Monday when he said the European Central Bank would like to ban €500 notes. A day later Harvard economist and Democratic Party favorite Larry Summers declared that it’s time to kill the $100 bill, which would mean goodbye to Ben Franklin. Alexander Hamilton may soon—and shamefully—be replaced on the $10 bill, but at least the 10-spots would exist for a while longer. Ol’ Ben would be banished from the currency the way dead white males like him are banned from the history books.
Limits on cash transactions have been spreading in Europe since the 2008 financial panic, ostensibly to crack down on crime and tax avoidance. Italy has made it illegal to pay cash for anything worth more than €1,000 ($1,116), while France cut its limit to €1,000 from €3,000 last year. British merchants accepting more than €15,000 in cash per transaction must first register with the tax authorities. Fines for violators can run into the thousands of euros. Germany’s Deputy Finance Minister Michael Meister recently proposed a €5,000 cap on cash transactions. Deutsche Bank CEO John Cryan predicted last month that cash won’t survive another decade.
The enemies of cash claim that only crooks and cranks need large-denomination bills. They want large transactions to be made electronically so government can follow them. Yet these are some of the same European politicians who blew a gasket when they learned that U.S. counterterrorist officials were monitoring money through the Swift global system. Criminals will find a way, large bills or not.


The real reason the war on cash is gearing up now is political: Politicians and central bankers fear that holders of currency could undermine their brave new monetary world of negative interest rates. Japan and Europe are already deep into negative territory, and U.S. Federal Reserve Chair Janet Yellen said last week the U.S. should be prepared for the possibility. Translation: That’s where the Fed is going in the next recession.
Negative rates are a tax on deposits with banks, with the goal of prodding depositors to remove their cash and spend it to increase economic demand. But that goal will be undermined if citizens hoard cash. And hoarding cash is easier if you can take your deposits out in large-denomination bills you can stick in a safe. It’s harder to keep cash if you can only hold small bills.
So, presto, ban cash. This theme has been pushed by the likes of Bank of England chief economist Andrew Haldane and Harvard’s Kenneth Rogoff, who wrote in the Financial Times that eliminating paper currency would be “by far the simplest” way to “get around” the zero interest-rate bound “that has handcuffed central banks since the financial crisis.” If the benighted peasants won’t spend on their own, well, make it that much harder for them to save money even in their own mattresses.
All of which ignores the virtues of cash for law-abiding citizens. Cash allows legitimate transactions to be executed quickly, without either party paying fees to a bank or credit-card processor. Cash also lets millions of low-income people participate in the economy without maintaining a bank account, the costs of which are mounting as post-2008 regulations drop the ax on fee-free retail banking. While there’s always a risk of being mugged on the way to the store, digital transactions are subject to hacking and computer theft.
Cash is also the currency of gray markets—amounting to 20% or more of gross domestic product in some European countries—that governments would love to tax. But the reason gray markets exist is because high taxes and regulatory costs drive otherwise honest businesses off the books. Politicians may want to think twice about cracking down on the cash economy in a way that might destroy businesses and add millions to the jobless rolls. The Italian economy might shut down without cash.
By all means people should be able to go cashless if they like. But it’s hard to avoid the conclusion that the politicians want to bar cash as one more infringement on economic liberty. They may go after the big bills now, but does anyone think they’d stop there? Why wouldn’t they eventually ban all cash transactions much as they banned gold and silver as mediums of exchange?
Beware politicians trying to limit the ways you can conduct private economic business. It never turns out well.

Thursday, February 4, 2016

How Corruption Cripples America’s Military

America’s military budget is roughly 7.2 times that of Russia ($610 billion compared to $84.5 billion), but even Western news-accounts are saying that the weaponry produced in Russia is superior overall to the weaponry produced in the United States.
Compare the top-of-the-line fighter jets of the two countries: that’s the F-35 fighter-jet produced by the U.S. corporation Lockheed Martin, versus the Su-35 fighter jet produced by the Russian government (its wholly owned Sukhoi Company). The F-35 costs around $100 million per plane. The Su-35 costs around $65 million per plane.
The weaponry-expert David Majumdar headlined on 15 September 2015, “America’s F-35 Stealth Fighter vs. Russia’s Su-35: Who Wins?” He concluded: “Basically, an F-35 pilot should avoid a close in fight at all costs. It is highly unlikely that a U.S. Joint Force Air Component Commander (JFACC) would assign an air superiority mission to an F-35 unit if alternatives were available. But given the tiny fleet of [F-22] Raptors and dwindling F-15C fleet, it is possible that the JFACC could be forced to use the F-35 as an air superiority asset.”
In other words: the U.S. had stopped production of the better planes, the F-22 and the F-15C, which might stand a chance against the Su-35. The U.S. stopped production of those planes in order to replace them with the inferior and far costlier (and more profitable) F-35.

Earlier, on 6 December 2014, Majumdar had bannered, “Killer in the Sky: Russia’s Deadly Su-35 Fighter.” He wrote:
One U.S. Navy Super Hornet pilot — a graduate of that service’s elite TOPGUN school — offered a sobering assessment. “When taken as a singular platform, I like the Su-35’s chances against most of our platforms, with perhaps the exception of the F-22 and F-15C,” the naval aviator said. “I suspect the F/A-18E/F can hold it’s own and F-35 has presumed stealth and sensor management on its side.”
But one Air Force official with experience on the Lockheed Martin F-35 Joint Strike Fighter said that the Su-35 could pose a serious challenge for the stealthy new American jet. The F-35 was built primarily as a strike fighter and does not have the sheer speed or altitude capability of the Su-35 or F-22. “The Su’s ability to go high and fast is a big concern, including for F-35,” the Air Force official said.
As an air-superiority fighter, its major advantages are its combination of high altitude capability and blistering speed — which allow the fighter to impart the maximum possible amount of launch energy to its arsenal of long-range air-to-air missiles. …
Another highly experienced veteran fighter pilot added that much about the Su-35 and the capabilities of the Russian military remain unknown.
Among these unknowns were the effectiveness of the Russian plane’s “electronic attack” capabilities. Here’s how that was described:
The addition of the electronic attack (EA) capability complicates matters for Western fighters because the Su-35’s advanced digital radio frequency memory jammers can seriously degrade the performance of friendly radars. It also effectively blinds the onboard radars found onboard American-made air-to-air missiles like the AIM-120 AMRAAM. …
Said another senior Air Force official with experience on the F-22 Raptor, “So, while we are stealthy, we will have a hard time working our way through the EA to target the Su-35s and our missiles will have a hard time killing them.”
The Su-35 also carries a potent infrared search and track capability that could pose a problem for Western fighters. “It also has non-EM [electro-magnetic] sensors to help it detect other aircraft, which could be useful in long-range detection,” the Super Hornet pilot said.
Another of the Su-35’s major advantages is that it carries an enormous payload of air-to-air missiles. “One thing I really like about the Su-35 is that it is a high-end truck: It can carry a ton of air-to-air ordnance into a fight,” the Navy pilot said.
On paper, that makes the Su-35 an extremely capable platform, but as one highly experienced F-22 pilot pointed out: “Whether they can translate that into valid tactics remain[s] to be seen.”
What, then, about that electronic-attack unknown?
On 13 September 2014, Voltairenet described on the basis of a 30 April Russian report, an incident on 12 April, in which the USS Donald Cook Aegis Class destroyer, loaded with missiles, entered the Black Sea, to threaten Russia, and a Russian Su-24 flew overhead, carrying a device that can turn off all electrical systems. Voltairnet said: 
As the Russian jet approached the US vessel, the electronic device disabled all radars, control circuits, systems, information transmission, etc. on board the US destroyer. In other words, the all-powerful Aegis system, now hooked up — or about to be — with the defense systems installed on NATO’s most modern ships was shut down, as turning off the TV set with the remote control.
The Russian Su-24 then simulated a missile attack against the USS Donald Cook, which was left literally deaf and blind. As if carrying out a training exercise, the Russian aircraft — unarmed — repeated the same maneuver 12 times before flying away.
After that, the 4th generation destroyer [Donald Cook] immediately set sail towards a port in Romania.
Since that incident, which the Atlanticist media have carefully covered up despite the widespread reactions sparked among defense industry experts, no US ship has ever approached Russian territorial waters again.
According to some specialized media, 27 sailors from the USS Donald Cook requested to be relieved from active service.
Later, on 31 March 2015, Ben Hodges, the Commander of the U.S. Army in Europe, issued, to Defense News, an incoherent statement against Russia, that:
the volume of artillery and rocket ammunition that has been expended [by Russia] is eye-watering. The quality of the electronic warfare [EW] capability that Russians have employed in eastern Ukraine, this is not something that you can create in the basement of your home. So when President Putin says, well these are just coal miners and tractor drivers, it is an obvious lie.
Despite Hodges’s attempt to bury in an insult to Putin, reference to electronic warfare capabilities on Russia’s part, that were “eye-watering” for Hodges, Defense News made clear what brought these tears to his eyes, when it reported on 4 August 2015:
Ukrainian forces have grappled with formidable Russian electronic warfare capabilities that analysts say would prove withering even to the US ground forces. The US Army has also jammed insurgent communications from the air and ground on a limited basis, and it is developing a powerful arsenal of jamming systems, but these are not expected until 2023. …
Hodges acknowledged that US troops are learning from Ukrainians about Russia’s jamming capability, its ranges, types and the ways it has been employed. He has previously described the quality and sophistication of Russian electronic warfare as “eye-watering.”
Russia maintains an ability to destroy command-and-control networks by jamming radio communications, radars and GPS signals, according to Laurie Buckhout, former chief of the US Army’s electronic warfare division, now CEO of the Corvus Group. In contrast with the US, Russia has large units dedicated to electronic warfare, known as EW, which it dedicates to ground electronic attack, jamming communications, radar and command-and-control nets.
Of course, Hodges hadn’t said that about “Russian electronic warfare,” he had actually said it about “the volume of artillery and rocket ammunition that has been expended.” But he never publicly objected to the news-media’s tacit acceptance of what had really  brought tears to his eyes. Everyone knew it. And it wasn’t “the volume of artillery and rocket ammunition that has been expended.” So, Hodges had dealt with his tears by insulting Putin, instead of by thanking him for having given the U.S. this harmless warning shot across the bow. (Would Hodges have preferred that this capacity continue to be hidden by the Russian side?)
Everybody in the know knows that the U.S. wastes on corruption most of the money it pays, for military, just as it does for health care, and for education, and for other governmental functions. The higher the governmental level is (such as in the White House, and in the Pentagon), the bigger the percentage of waste is, because the skimming is monumental at those higher levels. And for recent U.S. Presidents, they and the foundations they set up suck in billions of dollars, as delayed ‘compensation’ for the favors that the former President had thrown to the ‘donating’ billionaire.
The BBC headlined on 25 January 2016, “Putin Is Corrupt, Says US Treasury,” and three days later, Reuters headlined, “White House Backs Treasury’s View that Putin Is Corrupt.” (Meanwhile, the U.S. Treasury Secretary himself is deeply corrupt, even if not as much as recent U.S. Presidents have been.)
The next day, January 29th, Britain’s Independent  headlined, “Russia’s ‘Rustbucket’ Military Delivers a Hi-tech Shock to West and Israel,” and reported:
It is this military might that is underpinning President Vladimir Putin’s strategic triumphs. His intervention in Syria has been a game changer and what happens there now lies, to a large extent, in his hands. The Ukraine conflict is semi-frozen, on his terms. The Russians are allying with the Kurds, unfazed by the Turkish anger this has provoked. And, crucially, they are now returning to Egypt to an extent not seen for 44 years, since they were kicked out by President Anwar Sadat.
One of the most senior analysts in Israeli military intelligence told The Independent in Tel Aviv last week: “Anyone who wants anything done in this region is beating a path to Moscow.”
If America elects yet another in the now-long succession, since 1980, of corrupt Presidents, it will be terrible not only for Russia, and for the countries such as Ukraine and Syria and Iraq that the U.S. is destroying, but also for the American people. 
On 31 August 2015, The Daily Beast bannered, “Petraeus: Use Al Qaeda Fighters to Beat ISIS,” and reported:
Members of al Qaeda’s branch in Syria have a surprising advocate in the corridors of American power: retired Army general and former CIA Director David Petraeus.
The former commander of U.S. forces in Iraq and Afghanistan has been quietly urging U.S. officials to consider using so-called moderate members of al Qaeda’s Nusra Front to fight ISIS in Syria, four sources familiar with the conversations, including one person who spoke to Petraeus directly, told The Daily Beast.
Petraeus had organized the death squads in El Salvador and in Iraq, so he’s a natural for the global aristocracy to rely upon about such things. He’s even a regular attendee at the secret annual Bilderberg meetings.
On 16 November 2015, F. William Engdahl headlined, “Do We Really Want a New World War With Russia?” and he itemized the ways in which Russia’s military performance, in both Ukraine and Syria, has shocked the U.S. and its allies, especially. The main categories were: “Sukhoi SU-34 ‘Fullback’ fighter-bomber,” “New EW technologies,” “Killer Bumblebees,” and, “‘Status-6′,” which latter is “a new Russian nuclear submarine weapons system designed to bypass NATO radars and any existing missile defense systems, while causing heavy damage to ‘important economic facilities’ along the enemy’s coastal regions.”
Any U.S. President who would continue the effort started in 1990 by President George Herbert Walker Bush, to conquer and grab control of the resources of post-communist Russia, is insane, especially now, after the February 2014 U.S.-run coup in Ukraine crossed the line that Russia had repeatedly warned must not be crossed. If this effort ever stops, the ‘news’ media won’t report the U.S. gang’s retreat from this by-now 25-year-long war against Russia, which those same ‘news’ media have consistently refused to report. But even if they were to report it, no obligation by the West is so important as the obligation to stop  it — the obligation to call off the West’s Saudi-Qatari-Turkish-UAE-Kuwaiti-financed Sunni terrorists, and the rest of the West’s (via NATO, the IMF, etc.) war against Russia and against Russia’s Shiite and BRICS allies. 
On 28 May 2014, Barack Obama told future leaders of the U.S. military:
Russia’s aggression toward former Soviet states unnerves capitals in Europe, while China’s economic rise and military reach worries its neighbors. From Brazil to India, rising middle classes compete with us, and governments seek a greater say in global forums.  …
It will be your generation’s task to respond to this new world. The question we face, the question each of you will face, is not whether America will lead, but how we will lead — not just to secure our peace and prosperity, but also extend peace and prosperity around the globe.
If these sorts of lies are all that he can give us, then the Nobel Peace Prize Committee must demand he return his shameful 2009 Prize from them, right now. And why hasn’t the Committee already  demanded he return it?
American Presidents, and we, should leave Russia and its allies (including the BRICS and the non-BRICS such as Argentina) in peace, not pretend to support peace, when all that the U.S. actually spreads is invasions and wars — never-ending wars, and refugees from those wars, which are profitable only for the private investors in those private war-corporations or “contractors.”
Without that corruption, there would be a vastly smaller U.S. ‘Defense’ budget. The Pentagon isn’t even auditable. We have a good idea as to where lots of the real expenses are going. And it’s the opposite of ‘humanitarian’ or ‘pro-democracy.’ It’s arms to hire, or to invest in, by the world’s top kleptocrats — the people who control the lobbyists in Washington, who basically write America’s laws, and fund America’s politics.
Amongst all corrupt aristocracies (and that’s every  aristocracy), America’s takes the cake. But yet what has been a standard description which American leaders apply to the governments (such as Saddam Hussein’s, and Muammar Gaddafi’s, and Viktor Yanukovych’s) they’ve overthrown? It’s that they’re “corrupt.”
The International Criminal Court will begin to have credibility if and when it starts to prosecute American leaders such as George W. Bush and Barack Obama, but not a minute before that time. Western gangsters lead the world right now, and Western political leaders are their agents — merely fixers, for those elite gangsters.
—————