Fascism

JPMorgan Bribe Probe Said to Expand in Asia as Spreadsheet Is Found

"The Justice Department has joined the SEC in examining whether JPMorgan hired people so that their family members in government and elsewhere would steer business to the firm, possibly violating bribery laws. The scrutiny began in Hong Kong and has now expanded to countries across Asia, looking at interns as well as full-time workers, two people said. The employees include influential politicians’ family members who worked in JPMorgan’s investment bank, as well as relatives of asset-management clients, the people said. Wall Street firms have long enlisted people whose pedigree and connections can win business, a practice that doesn’t necessarily violate the law." Continue reading →

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Defiling the Memory of President Eisenhower

"On a Tuesday night, 52 years ago. President Dwight D. Eisenhower appeared on TV sets across America. Three days later, he would leave the Oval Office to John F. Kennedy. It all happened very fast. No one was prepared for the grim prophecy Eisenhower would tell that night in his farewell address. In 1961, the words 'military-industrial complex' probably sounded nuts. But writing in 2013, I can say with confidence that an alert and knowledgeable citizenry is far more absurd. Back when Ike made his address, defense spending was about $350 billion in today’s dollars. Today, it’s over half a trillion dollars. What would Eisenhower say today? Probably, 'I told you so you, idiots!'" Continue reading →

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Man still “smarting” from police detainment after refusing “smart meter”

"Because this man was the last holdout in this particular Guthrie neighborhood, the Guthrie Police Department sent three officers to the man’s house to protect the OG&E installer, while allegedly detaining the man, echoing a story out of Naperville, Illinois last month where two women were arrested for 'interfering with the installation process.' OK-SAFE, Inc. and Axxiom for Liberty report that the man said he was frisked and handcuffed, and would inexplicably leave no paperwork. This encounter was confirmed by Karen Kurtz, a spokesperson for OG&E. 'We did have police out at that gentleman’s residence,' Kurtz said. 'It wasn’t a show of force at all.'" Continue reading →

Continue ReadingMan still “smarting” from police detainment after refusing “smart meter”

Oklahomans Going It Alone Against Smart Meters?

"Many Oklahomans have been fighting individual, solitary battles against the utility corporations and the Oklahoma Corporation Commission to get these unwanted smart meters off of their homes. I believe that there are many more Oklahomans out there suffering or fighting all alone. Whether or not we are personally concerned about the possible privacy, security or health issues that surround smart meters, we all should be concerned if the utility corporations, our elected representatives, the Oklahoma Corporation Commission and other public servants of this state are not being properly responsive to those who have serious objections to having a smart meter installed." Continue reading →

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Energy Firm Caught Breaking Into Door to Install Smart Meter

"Smart Meters are a financial coup for Big Energy. This is why we are witnessing - and now catching on film - criminal acts of vandalism, breaking & entering and trespass by energy firms trying to install their next-generation 'cash machines' in the homes of customers. When companies are prepared to treat the properties of their customers with this much contempt, the extent to which sensitive personal data will be cared for is in little doubt." Continue reading →

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Snowden Leak: U.S. Paying Contractors Ten Times as Much as Bureaucrats

"While contractors represent fewer than 20 percent of the workforce, 70 percent of the intelligence budget goes to them, according to a figure from the U.S. Director of National Intelligence Agency (DNI) at a Colorado sponsored by the Defense Intelligence Agency (DIA). That rare peek behind the veil is likely still relatively accurate. Traditionally the lion's share of this money has gone to Northrop Grumman Corp. (NOC), Honeywell Int'l Inc. (HON) (via is Science Applications Int'l Corp. subsidiary), Raytheon Comp. (RTN), Lockheed Martin Corp. (LMT), and Edward Snowden's former firm Booz Allen Hamilton Holding Comp. (BAH)." Continue reading →

Continue ReadingSnowden Leak: U.S. Paying Contractors Ten Times as Much as Bureaucrats

Murray Rothbard: Fighting for Oil? [1990]

"The U.S., by its embargo, blockade, and continuing threats of war, has already managed to raise the price of crude to $40 a barrel! In fact, it would be more plausible to suppose that the aim of the massive Bush intervention has been to raise the price of oil, not to lower it. And considering Mr. Bush's vice presidential visit to Saudi Arabia specifically to urge them to raise prices, his long-time connections with Texas oil and with Big Oil generally, as well as Texas's slump in recent years, this hunch begins to look all too credible." Continue reading →

Continue ReadingMurray Rothbard: Fighting for Oil? [1990]

Glenn Greenwald: David Frum, the Iraq war and oil

"Wars rarely have one clear and singular purpose, and the Iraq War in particular was driven by different agendas prioritized by different factions. To say it was fought exclusively due to oil is an oversimplification. But the fact that oil is a major factor in every Western military action in the Middle East is so self-evident that it's astonishing that it's even considered debatable, let alone some fringe and edgy idea. Yet few claims were more stigmatized in the run-up to the Iraq War, and after, than the view that oil was a substantial factor. In 2006, George Bush instructed us that there was a 'responsible' way to criticize the US war effort in Iraq, and an 'irresponsible' way to do so, and he helpfully defined the boundaries." Continue reading →

Continue ReadingGlenn Greenwald: David Frum, the Iraq war and oil

The Real Reason for the Iraq War

"Like most lefty journalists, I assumed that George Bush and Tony Blair invaded Iraq to buy up its oil fields, cheap and at gun-point, and cart off the oil. We thought we knew the neo-cons true casus belli: Blood for oil. But the invasion was not about 'blood for oil', but something far more sinister: blood for no oil. War to keep supply tight and send prices skyward. Oil men, whether James Baker or George Bush or Dick Cheney, are not in the business of producing oil. They are in the business of producing profits. And they've succeeded. Iraq, capable of producing six to 12 million barrels of oil a day, still exports well under its old OPEC quota of three million barrels." Continue reading →

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Deloitte Rep. Warns China, Hong Kong To Sign FATCA Agreement

"'If the BVI and Caymans comply with the FATCA [Foreign Account Tax Compliance Act], this speaks volumes about the importance of this legislation to the world at large, let alone China and Hong Kong,' said Patrick Yip, deputy national mergers and acquisitions leader at Deloitte Touche Tohmatsu. 'China and Hong Kong financial firms that think by putting assets and income into BVI and Cayman companies they can avoid the reach of FATCA, they need to think again.' Although a US law, FATCA applies worldwide to every financial institution that receives payments from US sources. The mainland and Hong Kong should sign the agreements with the US to soothe their worries, he urged." Continue reading →

Continue ReadingDeloitte Rep. Warns China, Hong Kong To Sign FATCA Agreement