Iceland’s Supreme Court Upholds Jail Sentences of Four Banking Executives, February 23, 2015
An Irish-Style Banking Inquiry into the 2008 Financial Crisis, February 27, 2015
HSBC Offshore Tax-Evading Scandal Widening, March 1, 2015
Mar 05 2015
Iceland’s Supreme Court Upholds Jail Sentences of Four Banking Executives, February 23, 2015
An Irish-Style Banking Inquiry into the 2008 Financial Crisis, February 27, 2015
HSBC Offshore Tax-Evading Scandal Widening, March 1, 2015
Mar 04 2015
Chicago’s black voters key as Garcia battles to defeat Emanuel in mayoral race
By Mary Wisniewski and Tracy Rucinski, Reuters
Mon Mar 2, 2015 7:08am EST
(I)n 2011 majority African-American wards gave overwhelming backing to Emanuel, who was previously President Barack Obama’s chief of staff, some disillusionment has set in since. A persistently high crime rate, the decision to close 50 schools in mostly poor areas, and a sense that Emanuel is out of touch with the community and its problems has hurt him among black voters, some political activists say.
After spending more than $7 million on television ads alone, Emanuel won 45.5 percent of the vote in the first round last Tuesday – the largest tally of the five contenders but short of the 50 percent plus one vote needed to avoid an April 7 run-off.
…
Emanuel’s backing in predominantly black wards slipped to just 42 percent, from about 59 percent in 2011, according to the Illinois Election Data web site, while Garcia had 26 percent of the votes. The other 32 percent in those wards went to the three other candidates – two blacks and one white – who have now been eliminated from the race, leaving those votes up for grabs.
“Dead even”: New polls show Rahm Emanuel in danger of losing Chicago runoff
by Luke Brinker, Salon
Monday, Mar 2, 2015 12:50 PM EST
One week after Chicago Mayor Rahm Emanuel failed to clear the 50 percent threshold required to avoid an April runoff, new polls find a deadlocked race between Emanuel and progressive challenger Jesus “Chuy” Garcia.
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Capitalizing on progressive discontent with the mayor’s school closures, privatization schemes, and hostile relationship with organized labor, Garcia has campaigned in the mold of such progressive populists as Massachusetts Sen. Elizabeth Warren and New York City Mayor Bill de Blasio. He captured 34 percent of the vote last week. Emanuel won just 45 percent, despite a massive campaign war chest and the support of much of the political establishment.While 55 percent of voters supported candidates other than the first-term incumbent, some analysts have speculated that many cast votes against Emanuel to simply to register a first-round protest. Presented with a choice between Emanuel and Garcia – and after another month of being deluged with Emanuel’s campaign ads – many of those voters will come home for the mayor, the thinking goes. But the latest numbers underscore that an Emanuel victory is far from assured.
The People of Chicago Stun Obama’s Mayor Rahm Emanuel. Now It’s Round 2
by Bruce A. Dixon, Black Agenda Report
Wed, 02/25/2015
“Turnout was near an all time low, but it didn’t matter,” one campaign associate told Black Agenda Report. “The voters who did come out were really motivated,.they know Rahm is an absolute pig.”
“There were also two advisory referenda our forces helped place on the ballot, which brought out the anti-Rahm vote. The first was a citywide vote on taking the big money out of elections, which carried 80%. The second referendum was for Chicago getting an elected school board instead of the mayoral dictatorship the President, privatizers and corporations love so much, that we’ve had since the Daley era. The mayor’s people would not allow a school board vote on the ballot citywide, so the Chicago Teachers Union and their allies in the communities across the city hit the streets and did a ward by ward petition drive, which got it on the ballot in 37 of the city’s 50 wards. This measure got 270,000 to 34,000, almost 9 to 1.”
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Rahm Emanuel, called by some “Mayor One Percent” had every conceivable advantage. President Obama cut multiple campaign commercials for him, and made well publicized visits to his campaign offices. Besides millions in cash to spend, he had most of the city’s black and Latino political leaders, including congressmen Bobby Rush and Luis Gutierrez in his kennel. His Hollywood pals did an 8 part CNN mini-series for him by the same folks who did the “Brick City” series to boost the political fortunes of Newark’s Corey Booker. The CNN series broadcast fake stats about Rahm and his top cop bringing down the city’s murder rate, debunked almost immediately by news reports while the series was still being broadcast. And under Rahm and the Daleys, Chicago has expelled roughly as many poor and black residents in the last 20 years as New Orleans after Katrina. The city that elected Harold Washington in 1983 was over 40% black. Today’s Chicago is about 27% African American.The established neoliberal candidate playbook on winning big city elections is to discourage poorer and left leaning voters from coming out, while spending heavily on media. Thanks to the long term mobilization of the teachers union and many forces across the city, it didn’t work this time.
Rahm Emanuel is also vulnerable for the many, many privatizations, sweetheart deals, and grand thefts he’s helped perpetrate while on the fifth floor. He pretended to “reform” the Daley era deal which gave all the city’s parking spaces to a consortium that appears to include J.P. Morgan, Morgan Stanley and the sovereign wealth fund of Abu Dhabi for the next 75 years. If a parking meter breaks or the city decides there’s no need for meters on a particular street, the contract obligates Chicago taxpayers to pay the sovereign wealth fund of Abu Dhabi and the other shadowy investors what those meters would have produced for the remainder of the 75year contract. Rahm secretly had the yellow light interval shortened a couple tenths of a second to produce more revenue for the city and the contractors who manage its red light cameras.
Mar 03 2015
Now don’t get me wrong. There are lots of reasons to not like the Clintons, Bill or Hil, including Bill’s disastrous economic policy and pandering to Republicans and Hillary’s war hawk foreign policy and her Billionaire bootlicking. They are conservative, Blue Dog, DLC, Third Way Democrats hardly deserving of the party moniker.
But of all the things to get riled about why do the Villagers choose the most petty and technical. You know, it’s not illegal to get a blowjob, even from someone who is not your wife. Yeah, it’s pretty skeevy and reprehensible especially given the power relationship between a boss and an intern, but not illegal.
Benghazi? There is simply no there there. If someone picked up the phone and called the very second things started going pear shaped there is simply no way the cavalry could have arrived in time to make any difference at all in how dead those people were without breaking the laws of physics which as Scottie points out, “Ya canna do Captain.”
And just so the e-mail scandal.
You see, it’s not even a technical violation of the policy at the time.
Hillary’s emails ‘not technically illegal’
By Julian Hattem, The Hill
03/03/15 04:16 PM EST
Hillary Clinton’s exclusive use of a personal email account to conduct official business as secretary of State caused seems to have stayed within the law, experts say.
“What she did was not technically illegal,” said Patrice McDermott, a former National Archives staffer and the head of the Open The Government coalition, a transparency group.
…
A Clinton spokesman defended the practice as routine and said that the former first lady obeyed “both the letter and spirit of the rules.”“Like secretaries of State before her, she used her own email account when engaging with any department officials,” spokesman Nick Merrill said in a statement. “For government business, she emailed them on their department accounts, with every expectation they would be retained.”
White House spokesman Josh Earnest said that the Obama administration had given “very specific guidance” telling all agencies that staffers should use their official email accounts when conducting official business, and that any business conducted through personal email accounts be “preserved consistent with the Federal Records Act.”
Last November, Obama signed into law a bill requiring government emails dealing with an official matter sent from a personal account to be forwarded to an official email account within 20 days. That law and previous guidance issued by the National Archives have attempted to clarify the rules, but it was never expressly mandated that top-level officials use government-issued accounts.
“There was no prohibition on using a non-State.gov account for official business as long as it was preserved,” State Department spokeswoman Marie Harf said on Tuesday.
You have no idea how much it bugs me to go on the record supporting Hillary, but it is what it is.
I think I’ll have a nice long shower.
Mar 02 2015
What is instructive about this is the factual denialism. Just as fresh water Hayek inspired rattle shaking Shamen dispute the proven reality of Keynes in the macro world (and similar to the problem classical Physics has with Quantum equations appalling record of being predictively correct despite being counter-intuitive) so it is in the micro manipulated world of Mr. Market which has the galling indecency not to realize that the sky is falling despite the urgent claims of Rupert Murdoch Henny Penny.
Wall Street Journal Upset That Wall Street Isn’t Upset About Net Neutrality
by Mike Masnick, Tech Dirt
Fri, Feb 27th 2015 10:34am
A few weeks ago, after it was more or less confirmed that the FCC was going forward with full Title II reclassification of broadband, we noted that the stocks of the big broadband companies actually went up suggesting that Wall Street actually knows that reclassification won’t really impact broadband companies, despite what they’ve been saying publicly. Perhaps this is partly because those same companies have been telling Wall Street that the rule change won’t have an impact.
However, for the Wall Street Journal — which has become weirdly, obsessively, anti-net neutrality — this is an abomination. The newspaper has spent months trying to whip everyone into a frenzy about how evil net neutrality is, using some of the most blatantly wrong arguments around. Just a few days ago, the WSJ turned to its former publisher, now columnist, L. Gordon Crovitz to spread as much misinformation as possible. This is the same L. Gordon Crovitz who a few years ago wrote such a ridiculously wrong article on the history of the internet that basically everyone shoved each other aside to detail how he mangled the history. He, bizarrely, insisted that the government had no role in the creation of the internet. Crovitz also has a history of being wrong (and woefully uninformed) about surveillance and encryption. It’s difficult to understand why the WSJ allows him to continue writing pieces that are so frequently factually challenged.
Actually, it’s not difficult at all.
In this latest piece, Crovitz suggests that Ted Cruz didn’t go far enough in comparing Obamacare to net neutrality, arguing that net neutrality is even “worse.”
…
The paper of record for Wall Street, which normally likes to suggest that markets are “right” about everything, is absolutely positive that the markets are wrong about this. And it’s furious. It has an article demanding that broadband investors need to “wake up” to what’s happening with net neutrality.
…
At the end of the article, the WSJ pretends that maybe the reason why stocks are up is because investors expect that the broadband players will win an eventual court battle, but that seems like wishful thinking on multiple levels. Let’s go with Occam’s Razor on this one. The market is up because everyone knows that Title II won’t make a huge difference at all for the prospects of broadband companies. Multiple Wall St. analysts have been saying this for months, as have the big broadband companies to the analysts themselves.
La, la, la, la, la.
Feb 26 2015
European Banks vs. Greek Labour
How Radical is the SYRIZA Party in Greece?
The Modern History of the Greek Debt Crisis
Greece Now Positioned to Negotiate a New Loan Agreement
Feb 25 2015
I have not lightly chosen to re-think my categorization of sub-normal intelligence, but it has recently been pointed out to me that the range of 80 – 100 IQ is technically termed Feeble Minded.
“Despite being pejorative, in its day the term was considered, along with idiot (Goddard, Binet-Simon age of 3 or less), imbecile (3 to 7), and moron (8 to 12), to be a relatively precise psychiatric classification.”
We know that “Intelligence” is an oxymoron (there’s that word “moron” again) but your testosterone fueled delusions don’t quite kick in until your teens.
Spies, lies and fantasies: leaked cables lift lid on work of intelligence agencies
by Seumas Milne and Ewen MacAskill, The Guardian
Wednesday 25 February 2015 13.10 EST
Intelligence agencies thrive on impressing politicians and the public with their mystique, exploits real or imagined, and possession of information that supposedly gives them a unique understanding of the world.
The reality is often bureaucratic and banal, the information unreliable, uncheckable or available in open sources and their judgments frequently politicised and self-serving. All of those elements can be found throughout the spy cables leaked to al-Jazeera and the Guardian.
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(I)n the world of espionage, today as in the past, spies peppering reports with half-truths, rumours, the outlandish and the downright ridiculous is par for the course, the secret cables show – and not that remote from the lucrative fantasies and inventions of Graham Greene’s fictional MI6 agent in Our Man In Havana.Many of the reports, in spite of being marked “confidential”, “secret” and “top secret”, contain information openly available elsewhere, often written by journalists. One South African intelligence report on Israel’s Mossad quotes Chris McGreal, the Guardian’s former correspondent in Johannesburg and Jerusalem, who is now based in the US. “Chris McGREAL has claimed that ‘Israel provided expertise and technology that was central to South Africa’s development of its nuclear bomb’,” the report says.
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So much of the spies’ work is banal, dominated by mundane liaison meetings with counterparts from other intelligence agencies. Far from swapping factual information or carefully analysed data, the agencies often supply one another with little more than their government’s political line.Much of the rest of the time is taken up with watching one another, tracking movements through airports, logging phone calls, keeping tabs on their car registration and checking credit card transactions – or storming out of meetings and commenting acerbically on each other’s weaknesses and “arrogance”.
Oh, my B-S? I’m too modest to brag but were the scale reversed I’d be a drowning turkey looking up at the rain.
Arrogant am I? You betcha.
Feb 25 2015
What? It could never happen here?
Only all the time.
Chicago’s Homan Square ‘black site’: surveillance, military-style vehicles and a metal cage
By Spencer Ackerman, The Guardian
Tuesday 24 February 2015 10.34 EST
From the outside, you have to concentrate to realize Homan Square is a police facility. At first glance, it’s an unremarkable red brick warehouse, one of a handful on Chicago’s west side that used to belong to Sears Roebuck, complete with roll-up aluminum doors. No prominent signage tells outsiders it belongs to the police. The complex sits amidst fixtures in a struggling neighborhood: a medical clinic, takeout places, a movie theater, a charter school.
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Brian Jacob Church was taken to Homan Square after police picked him up in 2012 on terrorism charges he beat at trial. He said police first photographed him for a biometrics database, took him down a long cinderblock hallway on a second floor, and handcuffed him to a bench bolted to the floor. He spent the next 17 hours there – approximately, as it was a windowless room and the lights were kept on overhead – while police attempted an interrogation he described as a fishing expedition.Homan Square struck Church as the police equivalent of a CIA black site. Inside, he saw “big, big vehicles” that looked to him like the Mine Resistant Ambush Protected used by US soldiers and marines in Iraq and Afghanistan. When his lawyers were finally permitted access, Church spoke with them through a 12ft x 12ft metal cage.
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Interrogations aren’t the only thing that happen in Homan Square. It’s a headquarters for a number of special police units, including the anti-gang, anti-vice and bomb and arson squad. Published reports describe a surveillance “wire room” inside.
The disappeared: Chicago police detain Americans at abuse-laden ‘black site’
By Spencer Ackerman, The Guardian
Tuesday 24 February 2015 16.43 EST
The Chicago police department operates an off-the-books interrogation compound, rendering Americans unable to be found by family or attorneys while locked inside what lawyers say is the domestic equivalent of a CIA black site.
The facility, a nondescript warehouse on Chicago’s west side known as Homan Square, has long been the scene of secretive work by special police units. Interviews with local attorneys and one protester who spent the better part of a day shackled in Homan Square describe operations that deny access to basic constitutional rights.
Alleged police practices at Homan Square, according to those familiar with the facility who spoke out to the Guardian after its investigation into Chicago police abuse, include:
- Keeping arrestees out of official booking databases.
- Beating by police, resulting in head wounds.
- Shackling for prolonged periods.
- Denying attorneys access to the “secure” facility.
- Holding people without legal counsel for between 12 and 24 hours, including people as young as 15.
At least one man was found unresponsive in a Homan Square “interview room” and later pronounced dead.
Homan Square – said to house military-style vehicles, interrogation cells and even a cage – trains its focus on Americans, most often poor, black and brown.
Unlike a precinct, no one taken to Homan Square is said to be booked. Witnesses, suspects or other Chicagoans who end up inside do not appear to have a public, searchable record entered into a database indicating where they are, as happens when someone is booked at a precinct. Lawyers and relatives insist there is no way of finding their whereabouts. Those lawyers who have attempted to gain access to Homan Square are most often turned away, even as their clients remain in custody inside.
“It’s sort of an open secret among attorneys that regularly make police station visits, this place – if you can’t find a client in the system, odds are they’re there,” said Chicago lawyer Julia Bartmes.
Chicago civil-rights attorney Flint Taylor said Homan Square represented a routinization of a notorious practice in local police work that violates the fifth and sixth amendments of the constitution.
“This Homan Square revelation seems to me to be an institutionalization of the practice that dates back more than 40 years,” Taylor said, “of violating a suspect or witness’ rights to a lawyer and not to be physically or otherwise coerced into giving a statement.”
…
Homan Square is “analogous to the CIA’s black sites,” said Andrea Lyon, a former Chicago public defender and current dean of Valparaiso University Law School. When she practiced law in Chicago in the 1980s and 1990s, she said, “police used the term ‘shadow site'” to refer to the quasi-disappearances now in place at Homan Square.
Do you think this is the only one? This “democracy” is not the one our grandfathers died on the beaches of Normandy defending, it’s more like the one that got people lifetime sentences in Spandau.
Feb 24 2015
This is why they hate us: Fox News, drones, “American Sniper” and the gross face we show the world
Marcy Wheeler, Salon
Friday, Feb 20, 2015 08:30 AM EST
Imagine if the United States had waged its Cold War ideological struggle with the Soviet Union on the same three-year cycle consumer goods companies currently use for branding?
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Instead, you might have the shoddy branding campaign the U.S. is fighting ISIL with right now, conceived largely in terms of unique impressions on Twitter rather than whether we can change larger narratives about America and the West.“We’re getting beaten on volume, so the only way to compete is by aggregating, curating and amplifying existing content,” Under Secretary of State for Public Diplomacy Richard A. Stengel said for a recent New York Times story.
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Another persistent misconception lies in where ISIL’s own propaganda has been effective. Both British and – less officially – American officials have called on Twitter to police speech, rightly pointing out the influence of ISIL propaganda posted there. Yet such views utterly ignore the powerful boost Fox and (until it came to a Jordanian pilot burned alive on video) CNN have given the very same propaganda by airing it for hours and days. ISIL propaganda on U.S. cable channels “radicalizes” different groups of people in ways that are every bit as dangerous as a young Muslim kid watching ISIL videos online, ways that feed a clash of civilization narrative rather than that of America’s Middle Eastern allies combating murderous thugs trying to take and hold territory in a region of strategic importance.That also seems to breed a lack of awareness of the degree to which our own actions serve as propaganda serving ISIL’s goals. Yes, the U.S. flies drones because they are viewed as a safer (for our service members, as well as civilians on the ground) alternative to airstrikes. But the drones also persist as an audible and visual presence that permeates the consciousness of those who might otherwise oppose Islamists. “I see them every day and we are scared of them,” Mohammed Tuaiman, a 13-year-old killed, as an alleged al-Qaida in the Arabian Peninsula member, in an American drone strike last month, said to the Guardian in an interview laws year. “We even dream of them in our sleep.” And yet people in the U.S. rarely weigh those dreams against the nightmares we see over and over on Fox and CNN. It’s not enough to say we don’t behead people (though our close allies in Saudi Arabia do) or burn them alive in cages if our omnipresent weapons permeate people’s consciousness like an ISIL video being replayed on Fox.
But a very big part of the problem, it seems to me, is that the U.S. is thinking only in terms of “countering” an enemy. “We’ve got to discredit these ideologies,” President Obama said at today’s CVE summit. In part this means their American narratives end up scolding ISIL’s narrative, rather than presenting another more resonant one. More generally, however, it doesn’t even try to offer up America as the kind of promise to others it represented during the Cold War. The U.S. will not win this ideological war by attempting to do no more than drown out ISIL’s message in Twitter hits.
What does America think it is offering the world, beyond submission under the weight of an unrivaled military? Why would people choose that over an ideology that promises – falsely – principle and morals? With the austerity America’s bankers demand, the U.S. isn’t even offering financial stability.
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And the president who has presided over six years of impunity for the bankers who crashed the global economy promised to combat corruption. “We’ll keep leading a global effort against corruption, because the culture of the bribe has to be replaced by good governance that doesn’t favor certain groups over others.”“The essential ingredient to real and lasting stability and progress … is institutions that uphold the rule of law and apply justice equally,” said the president to a community often deprived of just that.
So to the extent we’re promising something, we’re not delivering on it.
Then there’s the larger picture. Consider what we’ve sold in two of our greatest export industries in recent years. Hollywood continues to sell its product around the world (with illegal knockoffs extending its reach). Yet it has been selling – with the explicit assistance of the administration – the torture of “Zero Dark Thirty” or the blind targeting of “American Sniper” rather than America as a beacon of freedom.
America’s tech giants had been a vehicle for communication and even for mobilization in recent years, until we learned the degree to which the NSA had prioritized a futile bid of omniscience online over the viability of those brands and what they stood for, both from a commercial and ideological perspective. More recently, we’ve learned American hardware, too, may have been hijacked as another tool of spying.
I’m not a fan of intelligence agencies buying out cultural institutions, as they did during the Cold War.
But if you’re going to wage an ideological war, do so competently. You’re not trying to sell a consumer an overpriced box of cereal or watery beer.
Yup, our elites folks. The best and the brightest.
Feb 23 2015
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