You are browsing the archive for February 2012 - Rogue Media.

Yet Another NATO Air Raid Kills Afghan civilians, Including Children

February 29, 2012 in Headline, Politics, World News

By Madison Ruppert  -  Editor of End the Lie

Kapisa province in Afghanistan

An air raid carried out by NATO forces in the Tagab district of the eastern Kapisa province in Afghanistan resulted in at least three civilian deaths and four injuries.

The provincial council representative for the eastern Kapisa province stated that the air raid, conducted by French troops, resulted in two children being among the casualties, according to Khwaja Ghulam Mohammad Zmarai, the deputy provincial council for the Kapisa province, Khaama reports.

Zmarai stated that the French troops had received inaccurate intelligence from local residents as to the presence of suspected Taliban militants. Read the rest of this entry →

Obama ’s Tenuous Lead

February 29, 2012 in Headline, Politics

White House / Pete Souza

By E.J. Dionne, Jr.  –  truthdig.com

If the election were held right now, President Obama would likely win by about the same margin that propelled him into office in 2008. But how fragile are his current advantages?

The biggest concern for the Democrats (and the best hope for the GOP) is that the president’s lead is far from overwhelming, even though Republicans—and particularly Mitt Romney—have been badly weakened by their nomination battle, and Obama has been left largely unmolested by the conservative super PACs.

Democrats are certainly disappointed by the apparent fading of Rick Santorum in the final week before the Michigan primary and his surprisingly disjointed performance in last week’s debate. It’s not as clear to me as it is to others that Santorum would be less competitive than Romney as Obama’s opponent. What’s plain is that Democrats have an interest in the Republican contest going on indefinitely. Romney victories in Tuesday’s Michigan and Arizona primaries would likely shorten the process, and ending the nomination battle quickly is the precondition for a Republican counteroffensive. Read the rest of this entry →

Jeb Bush eyed as latest ‘white knight’ candidate in GOP presidential race

February 29, 2012 in Headline, Politics

  -  Guardian.co.uk

Jeb Bush, right, with his brother President George Bush at an Orlando fundraiser in 2006. Photograph: Jason Reed/Reuters

Former Florida governor was critical of current field in a speech this week, prompting rumours he could be a surprise contender.

Speculation that a late challenger might still emerge in the increasingly bitter race for the Republican presidential nomination is set to surge after former Florida governor Jeb Bush made remarks criticising the current field.

Bush, who is the brother of President George W Bush and son of President George Bush Sr, is a beloved figure among many conservatives who see him as a strong and charismatic leader who is popular in the must-win swing state of Florida.

Read the rest of this entry →

Occupy – We Are The Heroes We’ve Been Waiting For

February 28, 2012 in Editorial, Finance, Headline, Occupy, Politics, Video Perspective, World News

By Nick Hathaway

We need to keep focused on why we are here, and realize that we are a natural continuation of the civil rights movement that was left unfinished. There was a great man who fought and gave his life for this struggle some time ago, his name was Martin Luther King Jr.

It was a struggle that he took up, when it was his time, that had already being going for some time before he was born. He had heroes before him, like Gandhi, to look to for advise as well.

This struggle has been going on since the dawn of man in some respects, and I believe it will need to be fought in some fashion for much longer.  The struggle will continue as long as any human can be considered to be worth less than another.

WE are the heroes we’ve been waiting for – The time to act is NOW

The analogy I would like to use to describe this is that of a car engine.  The engine itself is the broken and corrupt system we currently have.  I am referring to the Global System of predatory lending and private control of world finances, and due to this governments being privately controlled as well

Make no mistake about it, that machine can and will be shut down. Read the rest of this entry →

Occupy Scandal!! City Of Oakland Exposed!! The Inquiries!! The Emails!! The Shame!!

February 28, 2012 in Headline, Occupy, Politics, Update

by Daniel Willis and Thomas Peele -  originally found via Occupy Santa Cruz

Carlos Avila Gonzalez / The Chronicle Oakland interim Police Chief Howard Jordan and Mayor Jean Quan answer questions about the Occupy Oakland camp raid at City Hall.

Journalists constantly struggle to go beyond the official spin and report on a deeper level about government actions.

It’s a daily fight, one in which we need to be ever diligent against getting snowed by officials and falling into the role of stenographers rather than independent reporters. All of us, me included, can find ourselves regretful when we learn that the bureaucratic rhetoric we reported turns out to be far from reality.

That’s why the best reporting tracks government action by document rather than lip service. It’s why obtaining government communications is a vital and why I have dedicated my 2012 columns to the obtaining public officials’ e-mails and texts.

Today, rather than write this column, I am going to let the bureaucrats write it. What follows are city of Oakland e-mails obtained under the Public Records Act in which top officials discuss Occupy Oakland and the tent city that sprang up last year outside City Hall. City officials’ attempts to oust the protesters and the violent response that followed helped turn Oakland into an epicenter of the national Occupy movement. The emails’ writers include public relations people, lawyers, and top police officials, including a deputy police chief, Jeffrey Israel, who has since been demoted to captain. Read the rest of this entry →

Another Occupy Win – Disabled Vet Facing Foreclosure Strikes Deal with Bank

February 28, 2012 in Finance, Headline, Occupy, Politics, Update

By: Mark Saxenmeyer

A disabled South Minneapolis Marine who’s been waging a very public fight to keep his home from foreclosure is declaring victory.

After getting support from community organizations like Occupy Homes Minnesota and Neighbors Organizing for Change, Bobby Hull says his bank has agreed to renegotiate his mortgage–to a payment he can afford.

It was a lot of rabble rousing that many didn’t think would work. But now that it has, Hull and the activists now hope his deal, and their tactics, will help other struggling homeowners.


Read the rest of this entry →

A small but important SF Rally: Why Greece matters to the Occupy movement.

February 27, 2012 in Editorial, Finance, Headline, Occupy, Politics, World News

Are the people of Greece being set up “economic hitman” style and could the US be one of the next victims?  About seventy-five of us gathered Friday February 17 at 101 Market Street in front of the Federal Reserve Bank of San Francisco, our home-base.  Green signs dotted the sidewalk with messages such as “IMF out of Greece” and “The people of Greece are sovereign.”  Cars, buses and trolleys passed by, some honking in support.  But today was different than a typical Friday evening at OccupySF, because a speaker from Greece, Maria, stood with a megaphone describing the economic tragedy that Is unfolding for the Greek people, “Children are fainting in schools due to lack of food…this austerity package sets up the country for privatization where the people will have to sell off their water, their sewage, their telecommunications and their natural resources which includes coal and oil.  It will lead to the country’s resources being pillaged.”

As we munched on delicious Greek dolmas donated by a local Café, an Occupy speak-out began on the plight of Greece, and some of our homeless occupiers exhibited knowledge of economics far surpassing the average US citizen.   Mike spoke about the involvement of Goldman Sachs in the derivative swaps that set the country up for failure, and how the signing terms of the austerity measures “literally sell off Greek democracy to private banks and corporations.”  Rob spoke about the parallels with Iceland, a great example of what should happen, and how Wiki-leaks releases showed the corruption and fraud of the bankers, prompting the Icelandic people to denounce the debt.  “We need to prosecute these bankers and get our sovereignty back,” he said.  Derek spoke about how we need alternative structures such as a time-bank/skill-share system to challenge the currency-based system so people can take direct responsibility for what their actions produce, and Nick, a Veteran for peace compared the oppression of the Occupy movement which led to the breaking of his ear-drum by police, to the oppression of the people in Greece. Read the rest of this entry →

March and Rally! Funeral for the Gulf of Mexico! Demands of Government and BP

February 27, 2012 in ANON NeWs, Editorial, Finance, Headline, Occupy, Politics, Update, World News

Posted on February 26, 2012 by Mikal NOLA

 

http://www.facebook.com/events/271951906207368/

List of Demands of the Government and BP as a result of the BP oil Disaster:

  1. Revoke the arbitrary cut off dates to file claims: No limit on the filing of claims.
  2. Free public health clinics should be set up in every community impacted by the disaster to facilitate the treatment of those impacted by the chemical poisoning.
  3. The people demand a full and public trial of BP. No settlement! All evidence associated with this trial, documents, tests of marine and human life, and reports should be accessible to the public. We demand full transparency of the government and BP.
  4. The people demand a fair and just outcome of the BP trial, nothing less than 100% compensation for human and marine losses suffered as a result of BP and the government’s criminal negligence and full and ongoing rehab of gulf waters and wetlands.
  5. Ban the use of dispersants, including Corexit. Facilitate the use of green technology to rehab the gulf and wetlands. Facilitate the use of green technology to rehab the gulf and wetlands.
  6. Full disclosure by the U.S. government, BP and NALCO, the company that manufactures Corexit, as to how much Corexit has actually been in the Gulf of Mexico.
  7. NALCO should be held accountable for damages to marine and human life for the use of Corexit.
  8. Seize assets of BP and put them under public control. Those assets will be used toward compensation, health care for all poisoned by the chemicals, green rehabilitation of the Gulf waters and beaches, retraining of oil field workers offer green jobs and fair and just compensation for loss of jobs, and development and production of green energy and technology.
  9. Manage and regulate the oil industry under a democratically elected council of workers, community members and environmental planners.
  10. Massive investment into a public works program to develop and move toward clean, renewable energy and public transpiration to create millions of union jobs and move towards green energy, and end our dependence on fossil fuels.

Occupy – 99% Wild and Liberated

February 27, 2012 in Editorial, Headline, Occupy, Politics

Essays and creative writing on decolonizing ourselves, and reuniting with each other and the planet which gives life to us all.

Wild and Liberated: Reflections on the Occupy Movement from Minneapolis

Like many around the U.S, and even around the world to some degree, I have been excited by the appearance of the Occupy Wall Street movement and it’s numerous off-shoot groups. In fact, I have been involved in the work of our local Occupy group in Minneapolis since the day it sprang up last October. It has been a wild ride. I have developed wonderful friendships with people I might otherwise have not met. The sheer ability to discuss the state of the world with people who genuinely care, want change, and are passionate about the issues has been a blessing. It’s lifted some of the isolation and marginalization I have long felt as a person deeply committed to jettisoning capitalism, overturning all forms of human oppression, and liberating not only ourselves, but the planet itself.(Actually, I believe that the planet has the skills to liberate itself, if only we’d stop destroying it at every single turn.)

However, at this juncture in the movement, it’s quite clear to me how much we all need to heal. How many divides cannot be mended simply by declarations of solidarity and calls to attack a tiny group of uber wealthy folks and their minions. We might be the 99%, but so much of our individual and collective experience has been tamed by conformity, distorted by false notions of power, and trapped in us vs. them mindsets. Read the rest of this entry →

Purchasing Prisoners, Creating Criminals & How Occupy Could be Next

February 26, 2012 in Editorial, Headline, Occupy, Politics, Update

by Arvind Dilawar

Corrections Corporation of America (CCA), owner of the largest private prison system in the United States, recently sent a letter to 48 states offering up to $250 million to manage government-owned detention centers. The letterlists the criteria of eligible purchases, which include an assurance that state corrections agencies “have sufficient inmate population to maintain a minimum 90 percent occupancy over the term of the contract.”

This guarantee isn’t difficult to rationalize when considering it from CCA’s point of view. They are paid by the government for each prisoner they house, so they want to house as many prisoners as possible in order to maximize their revenue.

But what if there aren’t enough prisoners to fill CCA’s quota? Private prisons have faced this dilemma before, and they’ve responded by buying prisoners through legislation, government infiltration and old-fashioned bribery. And in the not too distant future, these conditions may mean that the mass arrests of Occupy protesters could become a windfall for investors. Read the rest of this entry →

How Internet Companies Would Be Forced to Spy On You – Under H.R. 1981

February 26, 2012 in ANON NeWs, Headline, Politics, Update

By Rainey Reitman

Rep. Lamar Smith, author of the Stop Online Piracy Act, the controversial Hollywood-backed bill. Now Smith, a conservative Texas Republican, is championing legislation that would require Internet service providers to keep track of their customers, in case police want to review those logs in the future. His bill is called H.R. 1981.

Online commentators are pointing to the Internet backlash against H.R. 1981 as the new anti-SOPA movement. While this bill is strikingly different from the Stop Online Piracy Act, it does have one thing in common: it’s a poorly-considered legislative attempt to regulate the Internet in a way experts in the field know will have serious civil liberties consequences. This bill specifically targets companies that provide commercial Internet access – like your ISP – and would force them to collect and maintain data on all of their customers, even if those customers have never been suspected of committing a crime.

Under H.R. 1981, which has the misleading title of Protecting Children From Internet Pornographers Act of 2011, Congress would force commercial Internet access providers to keep for one year a “log of the temporarily assigned network addresses the provider assigns to a subscriber to or customer of such service that enables the identification of the corresponding customer or subscriber information under subsection (c)(2) of this section.”  Let’s break that down into simple terms.

Temporarily Assigned Network Addresses: More than IP Addresses

Under this proposal, ISPs would have to maintain “temporarily assigned network addresses” to enable the identification of a subscriber. At a minimum, this refers to the IP addresses assigned by ISPs, including the Internet services associated with mobile phones.  It could also potentially include mobile phone numbers or other forms of cell phone identification, such as the three major mobile device identifiers: IMEI, IMSI, TMSI. These are the tracking IDs for your mobile devices, the unique identifiers that mobile phone companies use to track handsets and the accounts associated with them. Read the rest of this entry →

Occupy and Castlewood Workers to join up for “perhaps the biggest and most vibrant march Pleasanton has ever seen”

February 26, 2012 in Finance, Headline, Occupy, Politics, Update, Video Perspective

Yael Chanoff

Organizers hope for a big turnout Feb. 25 for the latest protest in a two-year saga to demand a better contract.

Food service workers at Castlewood Country Club were put on lockout on Feb. 25, 2010 when they refused the terms of a contract with the club. The contract stipulated that workers pay $849 per month for health care, a change from the free health care the contract had previously provided.

Lockouts, when employers refuse to let employees come back to work until they agree to contract terms, are a rare but powerful tool used against unions. Read the rest of this entry →

New Georgia Bill Further Punishes Protest

February 26, 2012 in Headline, Occupy, Politics

Article by Aaron Cynic

A new Senate Bill in Georgia is leading the charge in punishing peaceful protest. Senate Bill 469 amends laws relating to labor organizations and relations to “provide that certain provisions prohibiting mass picketing shall apply to certain private residences…provide for an action to enjoin unlawful mass picketing…and provide for both criminal trespass and criminal conspiracy” with punishment and fines (h/t Sarah Jaffe at Alternet).

The bill makes it unlawful for persons to engage in picketing where “a labor dispute exists” in numbers that would block any kind of transportation or entrances to buildings or interrupt “quiet enjoyment.” In addition, planning such a direct action or protest would also become a crime – “conspiracy to commit criminal trespass.” In other words, a protest action such as a march or occupation of a building or protest around a private residence will be an arrestable offense, as well as planning such an action. The possible punishment includes a fine of up to $10,000 and a year in jail.

Eric Robertson, Political Director for Georgia Teamsters Local 728 told Alternet “This bill is obviously an attack on working people and anyone who believes in organizing for justice. It undermines civil liberties, and clearly is designed to cripple working peoples’ ability to organize and build organizations to improve their working conditions.” Read the rest of this entry →

On the News With Thom Hartmann: Dropping BRICs on the International Monetary Fund, and More

February 26, 2012 in Editorial, Finance, Headline, Update, World News

by: Thom Hartmann, The Thom Hartmann Program

In today’s On the News segment: postal workers are getting shafted, Rahm Emanuel’s public school shock doctrine, Virginia’s “personhood” bill defeated, and more.

Thom Hartmann here – on the news…

You need to know this.  A global power shift is occurring underneath all of us.  With the United States economy still struggling through the muck – and the European economy in complete free fall Read the rest of this entry →

The American Century Is Over—Good Riddance

February 26, 2012 in Editorial, Finance, Headline, Politics, World News

By Andrew J. Bacevich

As someone who teaches both history and international relations, I have one foot in each camp. I’m interested in what has already happened. And I’m interested in what will happen next. In my teaching and my writing, I try to locate connecting tissue that links past to present. Among the devices I’ve employed to do that is the concept of an “American Century.”

That evocative phrase entered the American lexicon back in February 1941, the title of an essay appearing in Life magazine under the byline of the publishing mogul Henry Luce. In advancing the case for U.S. entry into World War II, the essay made quite a splash, as Luce intended. Yet the rush of events soon transformed “American Century” into much more than a bit of journalistic ephemera. It became a summons, an aspiration, a claim, a calling, and ultimately the shorthand identifier attached to an entire era. By the time World War II ended in 1945, the United States had indeed ascended—as Luce had forecast and perhaps as fate had intended all along—to a position of global primacy. Here was the American Century made manifest. Read the rest of this entry →

Letting It Come Down

February 25, 2012 in ANON NeWs, Editorial, Finance, Headline, Occupy, Politics, World News

by Brian Littlefair

People talk about collapse like it’s a bad thing. The Department of Homeland Security flags the word collapse itself for surveillance. But collapse makes the world go round. Anyone trained as a technocrat can tell you it’s a simple matter of oscillation, damping and convergence — a spiderweb pattern on a phase diagram, neutral as can be. For anthropologists, it’s a process called cycling. They can make it happen in the simplest of toy worlds, with a tessellation automaton with stochastic conflicts.  In fact, that’s the fun of the old board game Risk.

Catastrophe is just a kind of change, a quick transition to a new equilibrium — and didn’t America recently vote for change? The discontinuity that marks collapse is simply the point at which prevailing fallacies are reduced to absurdity by life. Yeats saw war and British dominion reduced to absurdity, and wrote The Second Coming to make sense of it. It strikes me as a very cheerful poem: the unborn sphinx, a precious little bundle of joy.

Collapse is the obverse of renewal. Gibbon’s magnum opus, The Decline and Fall of the Roman Empire, is equally the story of the rise of Europe in all its centripetal glory. Read the rest of this entry →

OWS PR Working Group Statement on the 99 Percent Declaration

February 25, 2012 in ANON NeWs, Headline, Occupy, Politics, Update, World News

by: Press Relations Working Group, NYC General Assembly | Press Release

The 99% Declaration and its call for a “national general assembly” in Philadelphia in July is not affiliated with or endorsed by Occupy Wall Street, and the organizers’ plans blatantly contradict OWS’ stated principles.

Many news outlets are running articles suggesting that the Occupy movement is planning a “national general assembly” in Philadelphia in July. This initiative, referred to as The 99% Declaration, is driven by a not-for-profit corporation called The 99 Percent Working Group, LTD., and is not endorsed by the General Assembly at Occupy Wall Street (OWS). The group’s plans blatantly contradict OWS’ Statement of Autonomy, as passed by the General Assembly at Occupy Wall Street, where The 99% Declaration generated more controversy than consensus. The proposal was also rejected by the General Assembly of Occupy Philadelphia, which passed a resolution stating, “We do not support the 99% Declaration, its group, its website, its National GA and anything else associated with it.”

The people of Occupy Wall Street are doubtlessly animated by many of the same concerns addressed by the points in the draft 99% Declaration. However, the group’s plan to select delegates representing each Congressional District to ratify a petition to present to the U.S. government while threatening to run candidates for positions in this corrupted system runs counter to OWS’ commitment to direct democracy, grassroots people power, and building a better society from the bottom up.

When reporting on stories concerning the convening of national ‘Occupy conventions,’ registration of political parties and political action committees, and other high-profile initiatives, we strongly urge reporters, editors, and producers to vet these stories by contacting the official press relations working group of Occupy Wall Street.

From OWS’ Statement of Autonomy:  “Any statement or declaration not released through the General Assembly and made public online at www.nycga.net should be considered independent of Occupy Wall Street.”

The Press Relations Working Group of Occupy Wall Street
press@occupywallst.org
347-292-1444

Monsanto close to ‘Agent Orange’ settlement with US victims

February 25, 2012 in Headline, Politics, Update, World News

Long-running suit claims residents of Nitro, West Virginia were exposed to the carcinogenic Vietnam-era chemical weapon

in New York

Chemicals giant Monsanto is believed to have reached a settlement with US residents who claim they were poisoned by chemicals used in the manufacturing of the Vietnam-era chemical weapon Agent Orange.

The long-running suit was brought by residents living near a now defunct Monsanto plant in Nitro, West Virginia that between 1949 and 1971 produced the agricultural herbicide 2,4,5 trichlorophenoxyacidic acid, a key ingredient in Agent Orange.

The weapon was used extensively during the Vietnam war, killing and maiming an estimated 400,000 people and leading to 500,000 birth defects. In 2005 a US court rejected a case brought by Vietnamese victims of Agent Orange.

The suit – filed on behalf of tens of thousands of people who lived, worked and went to school in Nitro after 1949 – claims that Monsanto spread toxic substances including dioxins, which have been linked to cancer, all over the town. Read the rest of this entry →

Roger Waters – Occupy

February 25, 2012 in ANON NeWs, Editorial, Finance, Headline, Occupy, Politics, Video Perspective, World News

Uploaded by on Nov 4, 2011  -  Occupy


.

Anonymous takes on prison industrial complex with latest hack

February 25, 2012 in ANON NeWs, Headline, Occupy, Politics, World News

The prison industrial complex is the latest victim of Anonymous’ #FuckFBIFriday campaign. Hacktivists have compromised data from a massive correctional facility management firm and have defaced their website.

The website for The GEO Group, Inc., a Florida-based management firm with clients worldwide, has been targeted by operatives with the online collective Anonymous. Friday’s hack from the group is the most recent release related to the #FFF campaign that has in past weeks targeted and successfully taken down the sites of the CIA, FBI and US Department of Justice. Read the rest of this entry →

National Occupation of Washington, DC (NOW-DC), starting March 30, 2012

February 25, 2012 in Headline, Occupy, Politics, Update

http://nowdc.org

Dear Friend,

On March 30, 2012, people from across the country will begin to gather for an American Spring in Washington, DC, The National Occupation of Washington, DC (NOW DC), to oppose the corruption of both major parties in conducting U.S. domestic and foreign policies. The Bill of Rights, has been effectively destroyed (NDAA), and the Supreme Court has allowed the Constitution to be perverted. We will unite against a corporate-controlled government which has failed to promote the public well-being. Read the rest of this entry →

The Greed of Freddie Mac Exposed

February 25, 2012 in Editorial, Headline, Occupy, Politics, Update

freddie mac is attacking a community in riverside. 

Come out and Support The De Lo Santos Family
occupyriverside.org  — Freddie Mac is taking the Riverside County Sheriff to court to force them to evict the De Lo Santos’ from their home. The home is at 3270 Layton Court Riverside CA 92503. The court hearing is at 1:00 pm at the Moreno Valley Courthouse, 13800 Heacock Street, Bldg. D #201, Moreno Valley, Ca. 92553.
… ACCE and Occupy Riverside have actions planned at both locations, please join us.
Chase, the mortgage servicer, has washed their hands of Art’s case after profiting from the foreclosure at the expense of investors who bought the mortgage backed securities. Art, who can make the payments, is as good a customer as any who would buy the home at a much lower price at a foreclosure auction. Why is the 85% taxpayer owned Freddy Mac acting against the interest of the taxpayers buy not letting Art pay his loan if they will make less by selling into this deflated market?
Please call these people and ask them to stop this:
Ed “Haldeman’s” of Freddie Mac 877-753-0562 Mayor Ron Loveridge: 951-316-5234
Mayoral Candidate and City Council Mike Gardner: 951-941-7084
Nancy Heart: 951-288-0035
Moreno Valley Courthouse: 951-777-3147

By Emma G. Gallegos  on February 16 — laist.com

A former marine protesting the foreclosure of his home was arrested today in downtown Los Angeles.  Arturo de los Santos, a former marine whose home in Riverside was foreclosed on, was arrested today at Freddie Mac Regional Headquarters in downtown. Read the rest of this entry →

Delusions of the Corporate State

February 24, 2012 in Finance, Headline, Occupy, Politics, World News

by: Evaggelos Vallianatos

August 2011 marks 50 years since I left Greece for the United States.

In 1961, in Greece, I was a high school graduate with dreams of becoming a doctor. My beloved physician grandmother Demetra had shown me the way. Now, 50 years later, in the United States, I am not a doctor of medicine, but a doctor of philosophy caught in a time warp.

My American college education was a Renaissance for me, a moment of discovery and self-confidence. In a metaphysical sense, I became Greek in America. However, the moment I left the university looking for a job, I felt I had entered an alien realm. I developed a blurred vision.

The world now is more complicated and dangerous than the world of 1961. Communism is almost gone, but capitalism in America has evolved into a toxic system of poisoning and devouring the earth for profit while, for the Wall Street oligarchy, it is a method of enrichment. In 2008, this oligarchy precipitated one of its periodic national, financial meltdowns in order to reverse progress toward equality and democracy. The Wall Street bankers wrecked the lives of millions of Americans. And yet, the government did not punish the Wall Street bankers. In fact, the government itself is under their sinister influences. Read the rest of this entry →

Argentine advice for Greece: ‘Default Now!’

February 23, 2012 in Finance, Headline, Politics, World News

Here in Argentina, when we watch the terrible things that are happening today in Greece, we can only exclaim, “Hey!! That’s exactly what happened in Argentina in 2001 and 2002…!”

­A decade ago, Argentina too went through a systemic Sovereign Public Debt collapse resulting in social turmoil, worker hardship, rioting and street fights with the police.

Some months before Argentina exploded, then-President Fernando de la Rúa – forced to resign at the height of the 2001 crisis – had called back as finance minister the notorious pro-banker, Trilateral Commission member and Rockefeller/Soros/Rhodes protégée Domingo Cavallo.

Cavallo was the gruesome architect of Argentina’s political and economic capitulation to the US and UK when he was President Carlos Menem’s foreign minister and economy minister in the ’90s. Read the rest of this entry →

How Greece could take down Wall Street

February 23, 2012 in Finance, Headline, World News

In an article titled “Still No End to ‘Too Big to Fail,’” William Greider wrote in The Nation on February 15: “Financial market cynics have assumed all along that Dodd-Frank did not end ‘too big to fail’ but instead created a charmed circle of protected banks labeled ‘systemically important’ that will not be allowed to fail, no matter how badly they behave.”

That may be, but there is one bit of bad behavior that Uncle Sam himself does not have the funds to underwrite: the $32 trillion market in credit default swaps (CDS). Thirty-two trillion dollars is more than twice the U.S. GDP and more than twice the national debt.

CDS are a form of derivative taken out by investors as insurance against default. According to the comptroller of the currency, nearly 95% of the banking industry’s total exposure to derivatives contracts is held by the nation’s five largest banks: JPMorgan Chase, Citigroup, Bank of America, HSBC, and Goldman Sachs. The CDS market is unregulated, and there is no requirement that the “insurer” actually have the funds to pay up. CDS are more like bets, and a massive loss at the casino could bring the house down. Read the rest of this entry →

Citigroup Faces Multibillion Dollar Smith Barney Write-down

February 23, 2012 in Finance, Headline

Citigroup faces a potential multibillion dollar write-down on its minority equity stake in Morgan Stanley Smith Barney, an asset management business.

According to the Wall Street Journal, the venture between Citigroup and Morgan Stanley began in 2009, when the sides combined Citigroup’s Smith Barney with Morgan Stanley’s wealth-management unit.

Morgan Stanley has the right to start buying Citigroup out this spring and is expected to take full ownership in 2014.

However, due to different sets of accounting and valuation methodologies, Citigroup may incur a $2.5 billion write-down in the sale, leaving Citigroup with an after-tax earnings hit of as much as $1.8 billion. Read the rest of this entry →

Bradley Manning, Solitary Confinement and Occupy 4 Prisoners

February 23, 2012 in Uncategorized

by Bill Quigley

Today US Army Private Bradley Manning is to be formally charged with numerous crimes at Fort Meade, Maryland.   Manning, who was nominated for the Nobel Peace Prize by members of the Icelandic Parliament, is charged with releasing hundreds of thousands of documents exposing secrets of the US government to the whistleblower website Wikileaks. These documents exposed lies, corruption and crimes by the US and other countries.  The Bradley Manning defense team points out accurately that much of what was published by Wikileaks was either not actually secret or should not have been secret.

The Manning prosecution is a tragic miscarriage of justice.  US officials are highly embarrassed by what Manning exposed and are shooting the messenger.  As Glen Greenwald, the terrific Salon writer, has observed, President Obama has prosecuted more whistleblowers for espionage than all other presidents combined. Read the rest of this entry →

UC Davis sued over pepper spray attack

February 23, 2012 in Headline, Occupy, Politics, Update

Current and former students have sued the University of California, Davis over its campus police’s use of pepper spray against peaceful student demonstrators.

Seventeen UC Davis students and two alumni filed the lawsuit against university officials and police on Wednesday concerning the shocking pepper-spraying incident in November 2011 that sparked international condemnation.

The incident saw campus police pepper-spraying a group of students, who were sitting down in a peaceful protest as part of the Occupy Wall Street (OWS) movement. The OWS emerged after a group of demonstrators gathered in New York’s financial district of Wall Street on September 17, 2011 to protest against the excessive influence of big corporations on the US policies and the high-level corruption in the country. Read the rest of this entry →

Occupy 2.0: the convergence of streets and networks

February 23, 2012 in ANON NeWs, Headline, Occupy, Politics, World News

Giorgio Griziotti, Dario Lovaglio, and Tiziana Terranova

To the extent to which we are not witnessing a clash between two capitalisms but a process of reconfiguration realized through the hegemony of finance, information and circulation, the only way to change the current situation is through the autonomous organization of the multitude’s living labour in the streets and on the net.

About one year ago, the world attention turned to the nascent powers of expression and action of networked multitudes first in the Wikileaks battle and, subsequently, in the Arab revolutions and the social movements 15M and Occupy. After this revelatory year, dense with threats and promises from a completely new global movement, global governance – painfully aware of the great threat that such autonomous horizontal communication poses to its control – is vigorously attacking digital freedoms.

It is in this context that the (possibly already foiled) attempts to pass the Stop Piracy Online Act (SOPA), the Protect IP Act (PIPA) and the effective shutdown of Megaupload are taking place. Read the rest of this entry →

Government Pressures Twitter to Hand Over Occupy Wall Street Location Data Without a Warrant

February 23, 2012 in ANON NeWs, Headline, Occupy, Politics

By Hanni Fakhoury

On October 1, 2011, over 700 Occupy Wall Street protesters were arrested on the Brooklyn Bridge. Most of the protesters, including Malcolm Harris, were charged with the mundane crime of disorderly conduct, a “violation” under New York law that has a maximum punishment of 15 days in jail or a $250 fine.

And yet on the basis of a charge no more consequential than speeding ticket, the New York City District Attorney’s office sent a poorly worded subpoena to Twitter requesting “any and all user information, including email address, as well as any and all tweets posted for the period of 9/15/2011-12/31/2011″ regarding Mr. Harris’ Twitter account, @destructuremal. Unsurprisingly, the government wanted to keep it quiet, but thankfully Twitter didn’t listen. Instead, as it has consistently warned law enforcement, Twitter notified Mr. Harris, who through his lawyer, Martin Stolar of the National Lawyers Guild, has moved to challenge the subpoena in court. Read the rest of this entry →