The Newest and Most Dangerous Violent Extremist Group of ALL TIME! The TARD™ Menace

by Scott Creighton

It is with extreme sadness that I have to admit, after all these years of exposing and debunking various dubious bullshite “extremist” groups that have been created in order to manufacture consent for one operation or another in service to the Global War of Terror and the banks who fund it.. I have found this latest threat is more than credible… it’s hyper-credible… it’s incredulous… and it’s all around us just waiting to strike.

We are all doomed and therefore must sacrifice any number of freedoms on the altar of security in order to preserve our way of life that currently sucks and is getting suckier because after all, USA™…USA™…USA™

When asked why the White House called an emergency press conference this morning, State Department™ Spokesman Jen Psaki said :

“ISIS™? No, this meeting isn’t about ISIS™ . ISIS™  is so August™. This is September™. Try to keep up. We’re here to talk about TARD™ , the most ruthless, vicious, evil, monstrous, impolite, unfriendly, antisocial social media expert terrorist group to ever have occupied a green screen sound stage! Duh.”

Psaki said we need to build an international coalition to put an end to  TARD™ (not to be confused with the Coalition of the Willing used as cover to create the impression of international legitimacy the Bush administration could not get at the start of the invasion of Iraq back in 2003) she called it a Coalition of the Willing TARDS™ because, as she said:

TARD™  is EVERYWHERE.  TARD™  is NOWHERE. Therefore, we must be prepared to allow ObamaGod the flexibility to bomb EVERYTHING and EVERYONE without asking congress or the people. It’s the TARD™ way!”

Like Colin Powell did at the UN Security Council, Psaki knocked it out of the park. Who in their RIGHT mind can argue with that kind of logic I ask you?

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The “Lawless” Liberty Reserve Scandal – Big Banking is Organized Crime Sanctioned and Protected by the State

by Scott Creighton

  • HSBC failed to monitor $670 billion in wire transfers and $9.4 billion in cash
  • (Wachovia) sanctioned for failing to apply the proper anti-laundering strictures to the transfer of $378.4bn
  • Historians estimate that in the 1920s, 99 of every 100 Franklin County residents were in some way involved in the illegal liquor trade. The bootleggers became involved with gangsters from Chicago and other major cities, and some local law enforcement officials (and especially federal agents) were part of the criminal activities and killing of competitors

From the New York Times to little Dvorak Blog, the interwebs are all talking about the “largest international money-laundering prosecution in history”: the Liberty Reserve.

The charges are that throughout it’s history (Liberty Reserve was set up in 2006 by Arthur Budovsky in Costa Rica after the feds shut down his other exchange GoldAge) Liberty Reserve did around $6 billion in transactions, all of which they now add together to get the total amount of “laundered money” (read the court documents, here)

Overall, from 2006 to 2013, Liberty Reserve processed an estimated 55 million separate financial transactions and is believed to have laundered more than 6 billion (U.S.) in criminal proceedsU.S. V Liberty Reserve et al Indictment, page 4

The indictment states that by the end, Liberty Reserve was doing 1.5 billion in transactions a year. They certainly didn’t start off that way, it took time to build up to that amount of traffic. They were operating for 6 or 7 years, so it’s reasonable to assume the $6 billion number is their total transaction amount over the entire course of their business operation.

Part of the magic trick that Justice uses is the start off with the premise that the business was set up to cater to illegal transactions and those who wish to launder their ill-gotten gains so to speak. Think of it as a poor man’s Swiss bank account.  Therefore they are claiming that all of those 55 million transactions were criminal transactions.

“Because virtually all of Liberty Reserve’s business derived from suspected criminal activity, the scope of the defendant’s unlawful conduct is staggering” U.S. V Liberty Reserve et al Indictment, page 3

This is an obvious fallacy.

So why pump this case up and why prosecute these men when other drug laundering schemes are so much larger? The answer to that lies in the standard operation procedure of the Justice Department these days: protect the big banks at all costs, especially from competition. Especially from homegrown competition.

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Neoliberal Terrorism Decimates Distracted Nation While the Terrorists Write the Laws

by Scott Creighton

While we are distracted by little pressure-cooker bombs, shaking in our boots over internet radicalized extremists, the real terrorists are skimming off the entire wealth of the nation into their pockets, one city at a time. And while we worry about cointelpro ops breathlessly hypothesizing about “weather weapons” making tornadoes, the financial oligarchs are writing more legislation in order to enable them to do commit even more terrorism against us and our future generations.

It’s reality of the absurd and there’s just no other way of looking at it.

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“Wall Street’s Favorite Democrat” Looks to Deregulate Derivatives Even More

by Scott Creighton

Former Goldman Sachs executive and current national finance chairman of the Democratic Congressional Campaign Committee, called “Wall Street’s Favorite Democrat” by Bloomberg, Rep. Jim Himes (D-Conn.), is pushing a new bit of legislation to make it easier for Wall Street and Goldman Sachs to make piles of money setting up the next financial catastrophe just like they did back when they got Clinton to repeal Glass-Steagall.

The bill would “allow banks to keep commodity and equity derivatives in federally insured units,” Politico reported on Wednesday, meaning that banks would no longer be forced to spin off their trading desks. It would weaken Dodd-Frank’s “push out” provision, otherwise known as the Prohibition Against Federal Government Bailouts of Swaps Entities, which bars federal assistance from being provided to any swaps entity.

Himes, who was recently named the national finance chairman of the Democratic Congressional Campaign Committee, is a former executive at Goldman Sachs, where he was a vice president.” Huffington Post

Jim, like President Obama, was born to do the “good work” of neoliberalizing America and Europe. His daddy worked for the Ford Foundation and UNICEF  in Lima Peru. His father worked under the presidency of Fernando Belaúnde who was particularly favored by the U.S. at the time because he basically handed over the nationalized oil industry to Standard Oil. Belaunde was forced to resign under threat of military coup in late 1968 and the new government did horrendous things like started a land reform program giving land back to the people and nationalized the oil industry again. They were also setting up  deals coming closer to Cuba and the Soviet Union. Eventually the Good old U.S. of A got their man back in the saddle again in 1980.

As you can see, a very similar path to greatness that our Glorious Leader had. Born to the Ford Foundation and neoliberalized dictators in far away lands and he ends up running things in the Democratic party. Small world for these oligarchs ain’t it?

Fiscal Cliff = Economic Terrorism says U.S. Senator

by Scott Creighton

We’ve seen this before: the economic powers that be went to congress and the MSM back in late 2008 and threatened Armageddon if we didn’t give them what they wanted: our money. They effectively held the economy of the United States hostage and threatened to pull the trigger if they weren’t paid $780 billion in cash. Turns out, the fed gave them far more than that in secret backdoor loans, but the story is still the same; we were subjected to economic terrorism in which our leaders, the same leaders who boasted they will never give into terrorist threats, caved in immediately and went on a PR campaign pushing the TARP bailout package like their lives depended on it.

Now we have the same thing happening. The “fiscal cliff” boogeyman is the same as the “Ruskies” of old or the “turrurrrurrists’ of today. It’s terrorism pure and simple.

When you threaten people with the fear of death, starvation and chaos in order to advance a change in either the political  (like we did to Libya and currently are doing to Syria and Iran) or economic structure of a nation, that is defined as “Terrorism” and that is exactly what is being done to us right now.

Who says so? Some conspiracy theorist whack-job wing-nutter?

No. A seated U.S. senator from Iowa said that.

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Greek journalist arrested over exposing politicians’ alleged tax evasion

from RT

Greek police have arrested one of the country’s top journalists, after his publication Hot Doc released the so-called ‘Lagarde list,’ containing the names of some 2,000 Greeks with funds hidden in Swiss bank accounts.

The police arrested Kostas Vaxevanis, the owner and editor of Hot Doc, during a live radio interview on Sunday. “They’re entering my house with the prosecutor right now. They are arresting me. Spread the word,” Vaxevanis tweeted.

He is due to appear in court on Monday to answer charges of privacy violations from publishing the list of names, which dates to 2007. “Instead of arresting the tax evaders and the ministers who had the list in their hands, they are trying to arrest the truth and free journalism,” Vaxevanis said in an interview.

[read the rest, here]

The Obama Justice Department vs Big Five Banks Settlement is Actually a Payoff for Services Rendered

by Scott Creighton

Keep this information in mind as you read the following article: The largest banks made a combined 13 billion dollars in profits from 7.77 trillion dollars of undisclosed emergency loans from the Federal Reserve bank over and above the 780 billion dollar banker bailouts. The loans and the bailouts were a direct reaction to the crisis caused by the criminal and fraudulent behavior of these same banks which the Obama administration now says will cost them roughly 1 billion a piece. 13 billion in profits for criminal activities (that we know of) and 5 billion in penalties (spread out over the course of a few years) while it is left to investors to foot the bill for the rest of the 26 billion dollar “settlement” deal. No further criminal prosecution, no further investigation required.

From Bloomberg News Nov. 2011 -

  • The six biggest U.S. banks, which received $160 billion of TARP funds, borrowed as much as $460 billion from the Fed… JPMorgan, Bank of America, Citigroup Inc. (C), Wells Fargo & Co. (WFC), Goldman Sachs Group Inc. (GS) and Morgan Stanley
  • Bank of America and New York-based Citigroup each received $45 billion from TARP.
  • Total assets held by the six biggest U.S. banks increased 39 percent to $9.5 trillion on Sept. 30, 2011, from $6.8 trillion on the same day in 2006, according to Fed data.
  • Employees at the six biggest banks made twice the average for all U.S. workers in 2010, based on Bureau of Labor Statistics hourly compensation cost data.
  • Bank of America took over Merrill Lynch & Co. at the urging of then-Treasury Secretary Paulson after buying the biggest U.S. home lender, Countrywide Financial Corp.
  • Wells Fargo bought Wachovia Corp., the fourth-largest U.S. bank by deposits before the 2008 acquisition.
  • JPMorgan absorbed the country’s largest savings and loan, Seattle-based Washington Mutual Inc., and investment bank Bear Stearns Cos. The New York Fed, then headed by Timothy F. Geithner, who’s now Treasury secretary, helped JPMorgan complete the Bear Stearns deal by providing $29 billion of financing, which was disclosed at the time.

original article below

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The Obama administration finalized their latest and most heinous betrayals of their 3 year history yesterday when they announced their settlement between the big five banks and state and federal governments on their “investigation” into the massive systemic mortgage fraud conspiracy. There will be no investigation. We will never know the full extent of the criminal conspiracy to decimate the economy of the United States of America because Barack Obama’s “Justice” Department has struck a deal. The economic hit-men who are running this country won out as Left Cover Obama sold us out. Again.

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