Wall Street Teams Up with U.S. Intelligence Cronies in Bid to Form Fascist “Cyber War Council”

by Michael Krieger , Liberty Blitzkrieg

Want to hear the worst idea in the history of horrible ideas? How about we take the industry responsible for destroying the U.S. economy and wrecking the lives of tens of millions of people, and then allow it to create a “government-industry cyber war council.”

It appears that trillions in taxpayer bailouts simply wasn’t enough for Wall Street. Recognizing that it can seemingly get whatever it wants whenever it wants, the industry is now positioning itself to overtly control U.S. “cyber” policy. What could go wrong?

Merging of private business and government. Fascism

Or they could get involved in strikes against U.S. citizens they find undesirable or problematic.” Alan Greyson

[read more here]

Serial School Privatizer “Chainsaw Paul” Vallas Gets Ready For His Next Job

by Bruce Dixon, BAR

There are many things upon which elite corporate Democrats are in complete agreement with elite corporate Republicans. Often enough they are far more important to the way we live our lives than the cultural rhetoric and stylistic fluff that separates the two parties. Both Republicans and Democrats agree on empire and the wars needed to preserve it. They both agree gentrification, stadiums, and tax breaks for the wealthy are the only way to economically develop cities. They both know that poor and working people ought to subsidize a new round of predatory accumulation with lowered wages, plundered pensions, fiscal austerity and the privatization of public education.

Democrat Paul Vallas has spent the last two decades dismembering and dismantling public schools, lying about deficits, unjustly blaming and firing public school teachers across the country. In 1995 Chicago Mayor Richard M. Daley, began the reversal of the bottom-up school reform of his predecessor Harold Washington, by assuming direct mayoral control over the city’s public schools. Chicago fired its school superintendent, a professional educator, and sent in the mayor’s chief of staff, an accountant unqualified to teach half an hour in any classroom to run the nation’s third largest school system “more like a business” with the business title of “CEO. That man was Paul Vallas.

If neoliberalism is the economic and social doctrine that all human interactions ought to be disciplined and mediated by the market, then Paul Vallas is the neoliberal chainsaw man on public education. He eagerly set about undermining bottom-up reforms in Chicago that empowered neighborhood councils of parents and rank and file teachers. A 1988 law had given these local school councils veto power over principals’ contracts and title one funds in each and every one of Chicago’s public schools.

Paul Vallas hit upon the expedient of disbanding and dissolving whole schools and reconstituting them as private entities, charter schools. He closed one south side Chicago high school across the street from an old National Guard armory, and gave public funding to a military academy in the armory building. With no nearby public school to attend, many parents and children felt compelled to enroll in the new military charter school. Paul Vallas terminated dozens of black administrative staff without cause and hundreds of black teachers before leaving the Chicago Public Schools and staging unsuccessful campaigns for Cook County Board President (Cook County includes Chicago and has a population of 5.5 million) and Illinois governor. He was succeeded by Arne Duncan, now US Secretary of Education, who took Vallas’s “innovations” in running schools like businesses to new heights first locally, and then nationally.

[read more here]

White House Plans Another Big Climate Push (on behalf of Hank Paulson and his billionaires)

(please read Hank Paulson Pushes Global Warming “Climate Crash” for his Billionaire Partners at Risky Business )

from the Huffington Post

One year after President Barack Obama rolled out his climate change action plan, the administration is putting fresh emphasis on its environmental agenda.

The White House plans to host two roundtable discussions this week on the economic threats that climate change poses and the “opportunities to overcome those risks,” a White House official said in an email Monday night, which emphasized the potential costs of not addressing planet-warming emissions.

Treasury Secretary Jack Lew and White House leaders also plan to meet with billionaire climate activist Tom Steyer and former Treasury Secretary Hank Paulson on Wednesday to discuss a report they will release this week titled, “Risky Business,” which assess the economic costs of climate change. Steyer and Paulson are the co-chairs for the report.

[read more here]

Hank Paulson Pushes Global Warming “Climate Crash” for his Billionaire Partners at Risky Business

by Scott Creighton

THERE is a time for weighing evidence and a time for acting…For too many years, we failed to rein in the excesses building up in the nation’s financial markets. When the credit bubble burst in 2008, the damage was devastating. Millions suffered. Many still do. We’re making the same mistake today with climate change.

… We need to craft national policy that uses market forces to provide incentives for the technological advances required to address climate change. As I’ve said, we can do this by placing a tax on carbon dioxide emissions. Many respected economists, of all ideological persuasions, support this approach. We can debate the appropriate pricing and policy design and how to use the money generated. But a price on carbon would change the behavior of both individuals and businesses. At the same time, all fossil fuel — and renewable energy — subsidies should be phased out. Renewable energy can outcompete dirty fuels once pollution costs are accounted for.

… To add reliable financial data to the science, I’ve joined with the former mayor of New York City, Michael R. Bloomberg, and the retired hedge fund manager Tom Steyer on an economic analysis of the costs of inaction across key regions and economic sectors. Our goal for the Risky Business project — starting with a new study that will be released this week — is to influence business and investor decision making worldwide.” Hank Paulson, June 21, 2014

Henry “Hank” Paulson, former Goldman Sachs CEO, failed to rein in the excesses of the financial market place for years. In fact, he did everything he could to ensure that the sub-prime mortgage bubble, created by the same financial institutions he serves, would cripple the economy forcing an ideological shift in the economic structure of the United States (anti-entitlement programs, harsh austerity… a.k.a. neoliberalism) and every other country places like Goldman Sachs could sell off their toxic derivative economic WMDs.

The results were breathtakingly bad for the average citizen ranging from heavy losses in their retirement nest-eggs to the losses of their homes, jobs and pensions. But big finance profited immensely  by selling the bad loans, to bundling them into toxic assets, to betting against their inevitable failure, to forcing congress to bail them out in the end to the tune of trillions upon trillions of dollars, to the consolidation of the banking industry, the likes of which has never been seen in the history of mankind.

Yesterday, the Sunday Review of the New York Times published an op-ed by Mr. Paulson in which he touted the desperate need to impose a carbon tax on individuals and businesses to combat man-made global warming. He specifically cited “Hurricane Sandy and the deadly Oklahoma tornadoes”  as proof of the dire consequences that are coming if we don’t give in as soon as possible. It doesn’t matter to Mr. Paulson that Sandy was neither a hurricane, nor did it have anything to do with global warming, according to the experts writing about it at the time.

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You can’t be allowed to “hold a viewpoint that terrorizes… people”

by Scott Creighton

Oct. 18th 2011 Killary meets with leaders of terrorist destabilization campaign in Libya

Last night, Hillary Clinton and her PR specialists held an infomercial in the guise of a town hall style Q&A session on CNN in which she answered scripted questions from “average citizens” about the issues of the day. The interview came not 24 hours after news of the capture of the “Benghazi suspect” hit the headlines and only about a week after her book, Hard Choices, hit the shelves.

During last night’s infomercial, when asked by a school teacher (of course) about stricter gun control laws, here is what Hillary said (video):

“I’m well aware that this is a hot political subject. And again, I will speak out no matter what role I find myself in But I believe that we need a more thoughtful conversation. We cannot let a minority of people – and it’s, that’s what it is, it is a minority of people – hold a viewpoint that terrorizes the majority of people,”

“We’re going to have to do a better job protecting the vast majority of our citizens, including our children, from that very, very, very small group that is unfortunately prone to violence and now with automatic weapons can wreak so much more violence than they ever could have before,” Hillary Clinton

Disturbing on so many levels, it’s hard to figure out where to begin with Killary’s statement.

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The Vegas Shooting – the “New World Order and Shit” and Other Dangerous Ideas

by Scott Creighton

UPDATE: see several updates at the end of this article

——–

Years ago I wrote that when they decide to make that big leap from the slightly open society we have now to the totalitarian closed one we are destined for, one of the things they need to do is round up the dissidents in a very public manner so that not only are they out of the way, but so they will serve as an example of what happens to you when you think the wrong things.

You can see examples of this taking place right now in Egypt, Thailand and Ukraine. History is rife with examples. Look no farther than Indonesia when we installed Suharto or Chile after we installed Pinochet.

The most recent mass casualty event in the on-going American Gladio op took place in Vegas a few days ago. Two police officers and a woman shopping at WalMart tragically lost their lives. Was this simply a case of two bottom feeders going off? Was it part of a destabilization campaign designed to remake the country into something else? Was Cass Sunstein right about his “dangerous ideas” and the need to wipe them all off the interwebs or is someone helping him make his point as the new CISPA is about to be rolled out?

Let’s see.

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Privatize the VA – The 164 Billion Dollar Prize and the Neoliberal Scum Chasing it

by Scott Creighton

(the VA system) “as a whole outperforms the rest of the health care system by just about every metric. Surveys also show that veterans give VA hospitals and clinics a higher customer satisfaction than patients give private-sector hospitals.” Washington Post, May 21, 2014

As soon as I started hearing all the noise they’ve been generating about the “death panels” and waiting lists at the Veterans Administration (VA) I said to myself… yeah, it’s time to start the process of privatizing the VA.

“We have an opportunity now to transform the way the VA does business.” Rep. Jeff Miller

Big Insurance got a serious payday with ObamaCare and an unconstitutional mandate to force citizens to buy a company’s nearly worthless product, so of course it stands to reason that they are going to go after the VA next.

“The President’s 2015 Budget includes $163.9 billion for VA in 2015. ” VA.gov

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Glenn “Billionaire’s B*tch” Greenwald Promises to Jump the Shark – Been Sitting on Names of Targeted Americans for a Year

by Scott Creighton

Milking every red cent he can from his CIA-op “Edward Snowden” leaks, the billionaire’s b*tch, Glenn Greenwald has promised to finally release actual names of people, activists, political critics, writers and groups being illegally and unconstitutionally spied on by the federal government in tandem with various globalist corporate conglomerates.

(that’s right… #BillionairesBitch has been created… by yours truly! Suck on that, Glenn… heeheehee. Spread it around. Tweet it. Tattoo it on your buttocks Glenny! Pick an oligarch! Appeeeeease the oligarch! Defend your BRAND! it’s the wave of the future,my friends. Slavery IS freedom! What a glorious time we live in.)

You think he might have led with that story a year ago in order to help stop the madness, right? To let all those people and organizations know everything they are saying and writing is being harvested so they can take appropriate personal or legal action that will protect them, right?

WROOOOONG!

What kind of marketing would that be!

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More private insurers to hop on Obamacare gravy train

by Kate Randall, from the WSWS

A number of private insurance companies that have not yet sold policies on the Affordable Care Act (ACA) exchanges plan to do so in the coming year. The reason is simple: the health care overhaul popularly known as Obamacare offers a virtually risk-free opportunity for insurers to increase their profits.

Insurance giants such as UnitedHealth Group and Cigna, as well as smaller companies, plan to enter the Obamacare market in 2015 and beyond. “Insurers continue to see this as a good business opportunity,” Larry Levitt of the Kaiser Family Foundation told the New York Times. “They see it as an attractive market, with enrollment expected to ramp up in the second year.”

The ACA was designed from the start as a pro-corporate piece of legislation, boosting the bottom line of the insurance industry. The law’s core component, the so-called individual mandate, requires those without insurance from a government program such as Medicare or Medicaid to purchase coverage from a private insurer in the Obamacare “marketplace” or pay a penalty.

New changes to the legislation by the Obama administration virtually guarantee the insurance companies that any dent in their profits will be offset by a complex system of government funds. The Department of Health and Human Services (HHS) has assured the private insurers that ACA mechanisms already in place will be made fully available to them, if need be at taxpayer expense.

The tweaks were buried in ACA regulations issued late last month and reported May 21 by the Los Angeles Times. Adjustments to key provisions of the legislation, largely unreported in the press, will potentially make billions of additional taxpayer dollars available to the insurance companies if they lose money on the exchanges.

[read more here]

Freedom Rider: Newark Rejects $100 million School Scam

by Margaret Kimberley,  from BAR

The people of Newark through grass roots mobilization and the ballot box said thanks but no thanks to Zuckerberg and his big money.”

In 2010, Facebook’s billionaire founder Mark Zuckerberg joined Newark, New Jersey mayor Cory Booker on the Oprah Winfrey show with great fanfare. The purpose of their appearance was to announce that Zuckerberg was contributing $100 million to the Newark, New Jersey school system.

There was a time when private donations to public schools would have been unheard of. Schools were well funded with government money and were accountable only to the people for their actions. That history is now passé, as rich individuals and corporations have snatched seats at a table where they do not belong. Charter schools have been foisted upon black and brown children across the country, and in the process fired thousands of black teachers, closed schools, and stolen resources from public education while simultaneously making profits for hedge fund chieftains.

This disastrous plan has gathered steam with Republican and Democratic politicians alike who happily jump on the band wagon and the big money that comes with it. A Republican president may use the slogan No Child Left Behind and a Democrat may say Race to the Top, but the end results are equally disastrous.

The Newark scheme has been in the news lately because the people of Newark through grass roots mobilization and the ballot box said thanks but no thanks to Zuckerberg and his big money. Newark was vulnerable to the charter school confidence game for two reasons. First, its low performing school system was taken over by the state of New Jersey in 1995 and secondly, they had the misfortune of having Cory Booker as their mayor.

Booker’s rise to the city council, mayoralty and now United States senate is a tale for the ages. He successfully marketed himself to rich people and raised huge amounts of money for his campaigns. He might have been the first black president instead of Barack Obama, because as the New Yorker magazine recently pointed out, his wealthy benefactors loved him that much.

“They let Cory into their boardrooms and offices, introduced him to people they worked with in hedge funds. As young finance people, they looked at a guy like Cory at this stage as if they were buying Google at seventy-five dollars a share. They were talking about him being the first black President before he even got elected to the city council, and they all wanted to be a part of that ride.”

The ambitious Booker made a name for himself and became a prodigious fundraiser as one of the first black politicians to support the school voucher movement. He was backed by the Bradley foundation and Walmart’s Walton family and became the celebrity up and coming Democrat. Of course he would ally himself with Zuckerberg and Republican governor Chris Christie in the scheme to deliver the final coup de grace to public education in Newark.

[read more here]

Ron Paul to Cash in on Neoliberal School Privatization

by Scott Creighton

It’s so nice to see Ron Paul profiting off Bill Clinton’s neoliberal plan of action isn’t it? Nothing says “LIBERTY” like a Slick Willy endorsement. Am I right?

“That’s why I ask my colleagues to appreciate, as well as tolerate, my concern over a public tribute to former President Bill Clinton, who today received the first-ever lifetime achievement award from the National Alliance of Public Charter Schools.

To his credit, Clinton used his Bully Pulpit to tell the American people that charters are good for us. He said he wanted to see 2,000 charters by the end of his administration and indeed growth did occur. The effort he and Congress led to create and grow the public charter grant program helped spur the growthEdreform.com 2011

Our education system is broken by design. They deliberately underfund it and set ridiculous standards so they can undermine the country’s confidence in the public school system in order to push for the wholesale privatization of the entire system and thus set their eyes on the real prize… the billions of dollars annually spent on public education that await them like the fabled pot of gold at the end of a rainbow.

And there is no subset of this for-profit education scam like the “online charter” programs for generating massive profits for very little cost. It’s the wave of the future for snake oil salesmen from Maui to Maine.

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Public Schools for Sale?

(It should be mentioned that the original charter school system was set up in Chile under Pinochet, the dictator we put in power in ’73. ALEC is a good part of the strength of the charter school movement. You will remember, ALEC was created in 1973, two years after the Lewis Powell memo of ’71)

by Bill Moyers, from Moyers & Company

[go here to watch the interview]  [here is Diane Ravitch's website]

Public education is becoming big business as bankers, hedge fund managers and private equity investors are entering what they consider to be an “emerging market.” As Rupert Murdoch put it after purchasing an education technology company, “When it comes to K through 12 education, we see a $500 billion sector in the U.S. alone.”

Education historian Diane Ravitch says the privatization of public education has to stop. As assistant secretary of education under President George H.W. Bush, she was an advocate of school choice and charter schools; under George W. Bush, she supported the No Child Left Behind initiative. But after careful investigation, she changed her mind, and has become, according to Salon, “the nation’s highest profile opponent” of charter-based education.

[full transcript after the break]

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The US Housing Market is Still “Flat on its Back”

from Mike Whitney, CounterPunch

Get a load of this chart from DataQuick’s National Home Sales Snapshot. It’ll tell you everything need to know about housing.

As you can see, prices are flatlining or drifting lower while sales are sinking like a stone. That’s the whole ball of wax, isn’t it?

Sure, sales will increase in the spring (as they always do), but judging by the sharp dropoff in last year’s hottest markets, this could be the crappiest spring selling season since the crash.

Why?

unnamed

(Note: MSA=metropolitan statistical area)

Because prices are too high, rates are too high, “organic” demand is too weak, credit is too tight, and the pool of potential buyers has shrunk to the size of a walnut, that’s why.The banks have reduced the percentage of distressed homes (foreclosures and short sales) on the market to roughly 11 percent from 59 percent in 2009. Fewer distressed homes mean higher prices, but higher prices mean fewer sales. It’s a trade-off. The banks get their money, but the market goes to hell. That’s how it works. According to most estimates, there are roughly 4.5 million homes in some stage of foreclosure. That means that –at the present pace–we should get through this Housing Depression a few weeks before Judgment Day. But don’t hold me to that.

Did you catch this gem on Bloomberg last week? It’s about the big private equity guys exiting the market. Take a look:

“Blackstone Group LP is slowing its purchases of houses to rent amid soaring prices after a buying binge made it the biggest U.S. single-family home landlord. Blackstone’s acquisition pace has declined 70 percent from its peak last year, when the private equity firm was spending more than $100 million a week on properties, said Jonathan Gray, global head of real estate for the New York-based firm…” (Blackstone’s Home Buying Binge Ends as Prices Surge, Bloomberg)

Okay, so the speculators are getting out of housing. How’s that going to effect the market?

No one really knows yet, but it can’t be good, after all, all-cash deals amounted to nearly 50 percent of all homes sales in many of the hotter markets last year. That’s why prices went up even though the economy was still in the shitter, because the fatcats were loading up on cheap real estate. Now it looks like they’re headed for the hills. That’s NOT going to be good for sales.

Did you know that existing home sales have dropped for six months straight, dipping below trend to the same level they were at in 1998?

But how can that be, you ask, when everyone’s blabbing about the recovery? How can that be when the Fed has purchased more than $1.4 trillion in mortgage-backed securities (MBS) and rates are a measly 4.5%? How can that be prices have been climbing higher for more than a year?

[read the rest, here]

Flight 370: Di$info Jone$ Parroting Israeli Propaganda Helping Set Up Next 9/11

by Scott Creighton

UPDATE: The new sanctions that everyone is saying will kick off WWIII? It’s 11 people. Obama has sanctioned 11 people. Russian officials laugh out loud.

Russia’s deputy prime minister laughed off President Obama’s sanction against him today  asking “Comrade @BarackObama” if “some prankster” came up with the list.

The Obama administration hit 11 Russian and Ukrainian officials with sanctions today as punishment for Russia’s support of Crimea’s referendum. Among them: aides to President Vladimir Putin, a top government official, senior lawmakers, Crimean officials, the ousted president of Ukraine, and a Ukrainian politician and businessman allegedly tied to violence against protesters in Kiev.

UPDATE: It’s sickening. CNN is now resorting to the “the plane was hiding under/over/behind/beside another plane” theory. I mentioned that crackpot shit in this article when it first came out this morning. Now the Jake Tapper show is doing an entire segment on it. They actually had a graphic of Flight 777 flying in the wake of another jumbo jet about 100 behind it. They weren’t even one plane length behind the other jet. It’s that ridiculous.

UPDATE: As I was writing this, the Obama administration announced sanctions against Russian OFFICIALS… but not PUTIN himself or his business interests. Not Gasprom, not the LNG pipelines supplying Europe… not big business working in Russia… not McDonalds selling tons of burgers to Russian kids… not the GAP selling jeans in Russia… just a few Russian and Ukrainian oligarchs…

“The administration officials said Putin wasn’t sanctioned despite his support of the Crimean referendum because the U.S. doesn’t usually begin with heads of state.”

So much for WWIII, huh? Didn’t even sanction Putin himself. Now, can we please get back to trying to deny them their next Pearl Harbor type event? Please? That would be nice.

———–

“We don’t know when the Acars system was switched off,” Ahmad Jauhari Yahya, the chief executive of Malaysia Airlines

What happened in the Ukraine was a travesty. It was a 5 billion dollar regime change operation (look it up) that had to take shape on short notice because the elected officials rejected the IMF’s loans and the austerity adjustments that go along with them and accepted a no-strings-attached counter-offer from a BRICS nation. This is EXACTLY what happened in Egypt when the Obama administration removed their elected government from office when they refused an IMF “loan” and set out to create what Morsi called the “E-BRICS” organization (you don’t believe me, look it up). If put to a vote, a real vote (Crimea used a paper ballot system and international observers report it was fair and open. Immediately after our bloody neo-Nazi coup in the Ukraine, the FIRST thing Team ObamaGod decided to do after re-writing the constitution and signing up for that IMF “loan” was reform the election system meaning electronic voting machines… look it up) the people of the Ukraine would also vote to stay out of the E.U. which is why our regime change backers in the country refused to let it go to a referendum. Instead they chose fire bombs, clubs and snipers to affect their “CHANGE”

As bad as that is, what’s happening in Malaysia is much, much worse. And for the most part, the alternative news community on the web is COMPLETELY ignoring it.

Take a look at Di$info Jone$’ 19 minute video titled “Alex Jones on Possible Hijacking of Malaysian Airliner

He spends about 30 seconds backing up the mythology that the plane was hijacked and then the remainder of the time he spends fear-mongering over Russia and the U.S. going to war over Crimea.

Does no one remember his famous New Year’s Eve Russia coming over the North Pole broadcast? That was Putin as well, by the way. I guess his ignorant fan base isn’t old enough.

Throughout his most recent WWIII fear-mongering for profit rant, Di$info Jone$ simply accepts the CNN/Fox News/MSNBC/ U.S. intelligence agency’s story that Flight 370 has been hijacked and that it apparently flew for an additional 6 hours or so undetected by any radar system completely thwarting the laws of physics. Having supported that bit of critical mythology, Mr. Jone$ then rants about how Flight 370 is a ‘distraction” from the real story… WWIII.

Not surprisingly, Di$info Jone$ is merely parroting Israeli propaganda on the subject of Flight 370. I pointed out the other day that they were doing so very early on, passing on the disinformation that Flight 370 had been hijacked and was probably (according to Mike Adams and Prison Planet) sitting on a tarmac somewhere in Iran.

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Five years of Obama’s “recovery”

by Patrick Martin, WSWS

This week marks five years since the New York Stock Exchange hit its low point at the bottom of the financial crash that erupted with the collapse of Lehman Brothers investment bank. On March 6, 2009, Dow Jones Industrial Average hit its post-collapse low of 6,443. Three days later, on March 9, 2009, the S&P 500 hit its post-collapse low of 676.

Yesterday, at the close of stock trading for the week, the Dow Jones average closed at 16,452, up a colossal 10,000 points over five years, or 154 percent. The S&P 500 stood at 1,878, rising even faster than the Dow, gaining 170 percent over five years.

These are only the most striking of a barrage of numbers reported in recent weeks, demonstrating that for the US financial aristocracy, the Crash of 2008 has been used to engineer a historic redistribution of wealth.

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