Commercial Intelligence – Page 173 – Public Intelligence Blog

2011/08/18

John Robb: 147 Banks & Corporations as Global Financial Cancer, Gray Markets Fairs, Urban Foraging

01 Poverty, 03 Economy, 07 Other Atrocities, Blog Wisdom, Commerce, Commercial Intelligence, Communities of Practice, Corporations, Corruption, IO Impotency, Money, Banks & Concentrated Wealth

JOURNAL: Global Financial Cancer

EXTRACT: A new paper, The Network of Global Corporate Control by Vitali et. al. from ETH in Zurich. This paper finds, through extensive network analysis, that a small group of tightly intertwined financial institutions control the bow of the global financial system. It is in effect, the world's first super-organism. 147 trans-national companies that the global core that is owned by itself (3/4 of the ownership of firm's in this organism are owned by firms in the organism). This organism is beyond governments. If it is self serving (and this shouldn't be too hard to assume), it is the equivalent of a biological cancer that has metastasized.

JOURNAL: Grey Market Fairs

Maker grey market ecosystem in China. Note how the Shanzhai Rules are reminiscent of the standing orders of OSW.

Foraging on vacant lots. The NYTimes dives in.

Phi Beta Iota: The day will come when the executives of the 147 transnational companies find themselves kidnapped, renditioned, and tortured until they make restitution by giving up the majority of their ill-gotten gains. We anticipate a mix of vigilante, criminal, and third world governments getting into this business. On the other end of the spectrum, we anticipate a massive withdrawal of normal people from the fraud-ridden world of banking and government-printed money. The two go together.

2011/08/16

Chuck Spinney: The S&P Downgrade Market Plunge Myth

01 Poverty, 03 Economy, 07 Other Atrocities, 09 Justice, 11 Society, Budgets & Funding, Civil Society, Commerce, Commercial Intelligence, Corporations, Corruption, Government, IO Impotency, Law Enforcement, Media, Money, Banks & Concentrated Wealth, Power Behind-the-Scenes/Special Interests, Secrecy & Politics of Secrecy

editor spinney time — Chuck Spinney Sounds Off....

The S&P Downgrade Market Plunge Myth

Monday 15 August 2011

by: Dean Baker, Truthout | News Analysis

The Wall Street crew that wants to cut your Social Security and Medicare benefits are sensing that victory is in sight. They have managed to knock jobs completely off the agenda and have made deficit reduction the near exclusive focus of economic policy in Washington. They are now setting the stage to have the Congressional “super committee” produce a deal that will mean large cuts in both programs.

The backdrop for these cuts is that the country is in crisis and that we have no choice. A central part of this story is that the stock market crashed last week in response to the Standard & Poor's (S&P) downgrade of US government debt. The Wall Street crew and their allies in the media and Congress will tell the country that if we don't have the cuts in Social Security and Medicare demanded by S&P then we run the risk of further downgrades. This raises the prospect of further market panics and the complete wreckage of the economy.

This story has as much credibility as John Edwards' tales of marital bliss during his presidential campaign.

Read rest of article.

Phi Beta Iota: A couple of things are clear, the first being that Barack Obama is not in charge of anything, the second being that New York–Wall Street, Goldman Sachs, the Koch Brothers–is. From the Tea Party funded and manipulated by the Koch brothers, to the idiotic lack of intellent analysis from the newspapers and broadcast stage, what we have here is theater. The truth is nowhere to be found between New York and Washington.

2011/08/16

John Robb: Urban Farming, Urban Zoning in Flux

Advanced Cyber/IO, Civil Society, Commerce, Commercial Intelligence, Cultural Intelligence, Earth Intelligence, Ethics, Government, Methods & Process, Policies

Portland Oregon is working on revising zoning regulations regarding urban market farms. Early debate indicates that the protection of traditional approaches to real-estate value (ornamental residences, noise/traffic abatement, etc.) is the priority. Given the scale of the economic crisis that is already upon us, this approach is completely broken. They should be focused on building a simple platform for accelerating a local food economy.

Phi Beta Iota: Portland in particular, and the Pacific Northwest generally, keep popping up as bastions of ethical sanity. The combination of intelligence and integrity visible there is quite heartening.

2011/08/152011/08/15

DefDog: Defense Entitlement Comes to An End….

10 Security, Commerce, Commercial Intelligence, Government, Military, Peace Intelligence, Threats

Butts in seats would be a good place to start in most cases…..

A golden decade for defense companies is ending

Associated Press, 15 August 2011

NEW YORK – The wars in Iraq and Afghanistan are winding down, Osama bin Laden is dead, and the federal government is deeply in debt. This spells the end of what was a golden decade for the defense industry.

In the decade since the Sept. 11 attacks, the annual defense budget has more than doubled to $700 billion and annual defense industry profits have nearly quadrupled, approaching $25 billion last year.

Now defense spending is poised to retreat, and so are industry profits.

Read full article…

Phi Beta Iota: Long comment and links below the line.

Continue reading “DefDog: Defense Entitlement Comes to An End….”

2011/08/14

Chuck Spinney: What Caused the Fukushima Meltdowns?

05 Energy, 07 Other Atrocities, 08 Wild Cards, 09 Justice, Civil Society, Commerce, Commercial Intelligence, Corruption, Cultural Intelligence, IO Impotency, Law Enforcement, Politics of Science & Science of Politics, Power Behind-the-Scenes/Special Interests, Secrecy & Politics of Secrecy

The Tsunami or the Earthquake Preceding the Tsunami?????

Below is another pathbreaking report in Counterpunch on the Fukushima question. Fukushima may be off the front pages, but the catastrophe is still generating serious questions with profound ramifications. In a few days, I will forward another blaster will showing how the some of these ramifications this catastrophe reaching into the good ole USA. In the meantime, I urge you to read this report.

Chuck Spinney
Nice, France

The Fukushima Daiichi Reactors Were in Meltdown After the Earthquake, But Before the Tsnumami Hit

TEPCO's Darkest Secret

By DAVID McNEILL and JAKE ADELSTEIN

It is one of the mysteries of Japan’s ongoing nuclear crisis: How much damage did the March 11 earthquake do to the Fukushima Daiichi reactors before the tsunami hit? The stakes are high: If the quake structurally compromised the plant and the safety of its nuclear fuel, then every other similar reactor in Japan will have to be reviewed and possibly shut down. With virtually all of Japan’s 54 reactors either offline (35) or scheduled for shutdown by next April, the issue of structural safety looms over the decision to restart every one in the months and years after.

. . . . . .

Problems with the fractured, deteriorating, poorly repaired pipes and the cooling system had been pointed out for years. In 2002, whistleblower allegations that TEPCO had deliberately falsified safety records came to light and the company was forced to shut down all of its reactors and inspect them, including the Fukushima Daiichi Power Plant. Sugaoka Kei, a General Electric on-site inspector first notified Japan’s nuclear watchdog, Nuclear Industrial Safety Agency (NISA) in June of 2000. The government of Japan took two years to address the problem, then colluded in covering it up — and gave the name of the whistleblower to TEPCO.

Read full report….

Nuclear/Climate Change: CLOSED 17 May 2011

2011/08/12

John Robb: Can Middle Class Be Saved? Too Late.

03 Economy, 06 Family, 07 Other Atrocities, 09 Justice, 11 Society, Civil Society, Commerce, Commercial Intelligence, Corruption, Cultural Intelligence

Great article. Starts with Citigroup's Plutonomy report (the report has been ruthlessly removed from the Web by Citi's lawyers) — wherein they show that, in the US, the middle class doesn't really exist. In reality, there are only two groups, a small percentage of rich households (that drive all consumption and investment) and the rest (that live hand to mouth). The last time this happened (in the 1920s) a global depression was the inevitable result

Can the Middle Class Be Saved?

The Great Recession has accelerated the hollowing-out of the American middle class. And it has illuminated the widening divide between most of America and the super-rich. Both developments herald grave consequences. Here is how we can bridge the gap between us.

By Don Peck

The Atlantic, September 2011

Read article….

2011/08/10

Venessa Miemis: Thirteen Books on the Future of Money

Commercial Intelligence, Cultural Intelligence

13 Books on the Future of Money & New Economy

I tapped the twittersphere the other day for the best books on the ‘future of money’ and the new/emerging economy & infrastructures. Here’s what you came up with. Attribution below each book. Other suggestions welcome! I’m getting ready for a deep dive into this content area this fall, and appreciate all the guidance you can provide!

See covers, links, and comments….