Robert Steele has for some time been saying that “The truth at any cost lowers all others costs.” He has also been focusing on the importance of intelligence with integrity. Among all governments, only Iceland appears to be serious about dealing with the financial crisis as it should be dealt with: as a criminal conspiracy enabled by all of the parties in both public and private sectors who sacrificed their integrity and betrayed the public trust.
Corporations operate under public charters. It is difficult to police the corporations when the governments have themselves become criminalized, but the tide is turning — the public is beginning to recognize that governments lack integrity and intelligence and cannot be trusted — in their present form — to manage the public interest.
When Goldman Sachs goes out of business the healing can begin. Slamming PWC is a good start.
The resolution committee of the failed Icelandic bank Old Landsbanki has subpoenaed the international auditing firm PriceWaterhouseCoopers, accusing the company of creating wrong annual accounts which misled the markets. The committee’s damages claim runs to hundreds of millions of krónur.
Grand strategy (described here) can be generalized as a game of interaction and isolation. Viewed from this perspective, Israel's grand strategy has been to maintain or increase its freedom of action in implementing the expansive Zionist apartheid/colonialist agenda, to include gaining control of the region's scarce water resources (see here), by —
(a) preying on the collective guilt in the west for western complicity/passivity during the Holocaust (i.e., compelling an interaction);
(b) allying itself with a great power or combination of powers and inducing/co-opting those powers' domestic political interests into acquiescing to Israeli regional actions and ambitions, first Britain and France, and since 1967, the United States (i.e., compelling an interaction);
The Obama administration simulated a cyber attack on New York City's power supply in a Senate demonstration aimed at winning support for legislation to boost the nation's computer defenses. Senators from both parties gathered behind closed doors in the Capitol Wednesday for the classified briefing attended by Homeland Security Secretary Janet Napolitano, FBI Director Robert Mueller and other administration officials. The mock attack on the city during a summer heat wave was “very compelling,” said Sen. Susan Collins, R-Maine, who is co-sponsoring a cybersecurity bill supported by President Barack Obama. “It illustrated the problem and why legislation is desperately needed,” she said as she left the briefing. Bloomberg.
The US defense industry is in a full court press to get tens of billions in funding for cyberwarfare.
To get that funding, they need to dramatize the potential threat of cyberwarfare. Here's how. The central method of attack in cyberwarfare is systems disruption. Systems disruption is a way to break networks to achieve extremely high levels of damage (or, in financial terms, high ROIs). One of the best ways to demonstrate that type of attack is through a disruption of the power supply (usually with NYC as a target).
Two John Robb posts, comment, and see also — university grants at risk.
Rawalpindi (Pakistan): In his quest for the truth about his country's most notorious guest, Shaukat Qadir started where it all ended: the room where Osama bin Laden was killed.
Last August, Mr. Qadir, a retired Pakistani Army brigadier, retraced the steps of the American commandos who stormed through the corridors of Bin Laden's hide-out on May 2.
Climbing the stairs to the second floor, Mr. Qadir passed a body outline that marked the spot where Bin Laden's 22-year-old son, Khalid, was shot dead. Then he turned to a small room with a low ceiling, an empty wardrobe and a tight cluster of bullets holes in one wall, he said. Above that, on the ceiling, was a fading splash of blood that, his Pakistani intelligence escort told him, belonged to Bin Laden.
“As a former soldier, I was struck by how badly the house was defended,” Mr. Qadir said in an interview. “No proper security measures, nothing high-tech – in fact, nothing like you would expect.”
Thomas Drake on life inside the National Security Agency and the price of truth telling
Matthew Harwood
Salon, 7 March 2012
Thomas Drake, the whistle-blower whom the Obama administration tried and failed to prosecute for leaking information about waste, fraud and abuse at the National Security Agency, now works at an Apple store in Maryland. In an interview with Salon, Drake laughed about the time he confronted Attorney General Eric Holder at his store while Holder perused the gadgetry on display with his security detail around him. When Drake started asking Holder questions about his case, America’s chief law enforcement officer turned and fled the store.
But the humor drained away quickly from Drake’s thin and tired face as he recounted his ordeal since 2010 when federal prosecutors charged him with violating the Espionage Act for retaining classified information they believed he would pass on to then Baltimore Sun reporter Siobhan Gorman. While Drake never disclosed classified information, he did pass on unclassified information to Gorman revealing that the NSA had wasted billions of taxpayers’ dollars on Trailblazer, a contractor-heavy intelligence software program that failed to find terrorist threats in the tsunami of digital data the agency was sucking up globally — and sometimes unconstitutionally. While Trailblazer [SAIC] burned through cash, in the process enriching many NSA employees turned contractors, Drake found that another software program named ThinThread had already met the core requirements of a federal acquisition regulation that governed the proposed system at a sliver of the cost, all while protecting American civil liberties at the code level. The NSA leadership, however, had already bet their careers on Trailblazer. So Drake blew the whistle, first to Congress, then to the Department of Defense Inspector General’s Office, and finally, and fatefully, to Gorman.
Back in 2002 while I was at a major Command, Friedman made a pitch to provide “ground truth” intelligence on contract. While some folks went gaga over his presentation, there were many small indicators that all was not well. Apparently Friedman was asked to leave LSU for reasons undetermined. Offically, according to STRATFOR ” In 1997, a small company that would eventually grow into Stratfor—called Strategic Intelligence LLC—left Baton Rouge and LSU, where its founder George Friedman had been a professor. A 1999 profile in Texas Monthly said the company “couldn't thrive” in Baton Rouge, and that's why Friedman took it to Austin, where it blossomed into a global powerhouse.”
Reasoning heard on the street by colleagues active in San Antonio, he was bankrolled by Mossad and they wanted him in an area of hightech.
I have read his comments about OSS and you specifically; his arrogance is unbelievable. His “analysts” are currently UT-Austin students with a couple of “seasoned veterans”, none of whom have an intelligence
background.
He has been described as a neocon and I think that fits. From where I sit, I think STRATFOR is finished, they are trying very hard to regain their client base….with little success…
It is believed that some 60% of Germany’s gold is stored outside of Germany and much of it in the Federal Reserve Bank of New York.
Germany and other central banks may follow in Hugo Chavez’s footsteps and repatriate their gold to Germany so as to have direct possession of and ownership of their gold reserves in order to be better prepared for a systemic or monetary crisis.
According to a list compiled by independent blog,American Kabuki, at least 122 banking directors, CEOs, and board members of both national and international stature have resigned since September of last year. The blog recently posted a list of all 122 of these individuals with links to the announcements and reports of their resignation.
Iceland’s former Prime Minister Geir Haarde on Monday (5 March) became the world’s first leader to be put on trial on charges of negligence over the 2008 financial crisis. Haarde, who was a premier from 2006 to 2009, is being accused of “gross negligence” in failing to prevent the collapse of Iceland’s top three banks – Glitnir, Kaupthing and Landsbanki – all heavily involved in risky investments on the US real estate market. One of the main architects of Iceland’s transformation from a fishing nation into a financial services hub, Haarde is also accused of failing to control the country’s fast-growing banks and of having withheld information indicating the country was heading for financial disaster.
Phi Beta Iota: We certainly hope Germany plans to drill many of the gold bars to determine if they are 100% gold or severely diminished in their core with titanium. The bank resignations have not been accompanied by arrests, so this is all theater. Change the face, keep the criminal enterprise as before. As for politicians being held accountable, that is hard to imagine in today's environment of “anything goes.” Iceland seems to be the ONLY country now combining intelligence with integrity in the aftermath of the legalized crime spree by Goldman Sachs, Morgan, Citibank, Wells Fargo, Bank of America, etcetera.