Journal: Five Myths Debunked–Treasury Run by Crooks

01 Poverty, 03 Economy, 07 Other Atrocities, Money, Banks & Concentrated Wealth
Chuck Spinney Recommends

I asked my good friend Marshall Auerback, an investment advisor and lawyer by training and a senior fellow at the Roosevelt Institute, to evaluate Treasury Secretary Timothy Geithner’s claim that TARP has been a stunning success.  Geithner made this claim in a 10 October op-ed in the Washington Post, entitled, “Treasury Secretary Timothy Geithner tackles five myths about TARP,” which is contained below as Attachment 2 beneath Auerback’s critique [Attachment 1].  To those of you who would sanitize these loose ends as a lingering “moral hazard,” I would urge you to think again.

Chuck Spinney
Carloforte, Sardinia
——–[Attachment 1]——–

The Auerback Critque:Four Realities Debunk Geithner’s Five Myths

Marshall Auerback

We have left frauds in charge of failed banks and covered up their losses.
Continue reading “Journal: Five Myths Debunked–Treasury Run by Crooks”

Journal: Information Overload & Leadership Failure

IO Sense-Making, Methods & Process, Standards, Strategy

Information Overload – Too Much Of A Good Thing?

October 11, 2010 – Everyone has seen the commercial on television. Someone asks a simple question, and then everyone in the crowd starts spewing forth all these facts that have been found via the Internet. This makes for some very clever and funny advertising, but let’s face it. Information overload is a real problem. The magic formula is to deliver the right information to the right people who are searching, at the right time. Sound simple enough, but how many avenues have you been down yourself just because you are looking for a certain recipe for brownies? In a closer look found here, some of the problems that contribute to information overload are discussed.

These include defining findability, an object-centric perspective, an actor-centric perspective, and filters that promote findability. Interesting read.

From the source:

The question is however, is it the abundance of the information that is the problem, or a general lack of maturity in approaches to designing effective organization and access mechanisms? In his presentation at the Web 2.0 Expo in New York City, Clay Shirky referred to this idea as “Filter Failure”. He describes information overload as the normal case and that it’s not necessarily the quantity of information that’s the problem, it’s our ability to filter through what’s there that’s the real issue.

Tip of the Hat to Marjorie M K Hlava at LinkedIn.

Phi Beta Iota: It is not a filter failure.  It is a leadership failure…leadership lacking integrity in the holistic sense of the word, too eager to rush to pay for technical collection solutions that increase the size of their firehose but ignore both the fact that the fires we need to put out are small scattered ones, and the people we need to support require both back office and desktop tools.  All this was well known in 1985 and the solutions fully articulated by 1989.

See Also:

Graphic: Balance Matters

Worth a Look: 1989 All-Source Fusion Analytic Workstation–The Four Requirements Documents

Worth a Look: Robert Young Pelton Goes Fishing…

08 Wild Cards, 09 Justice, 10 Transnational Crime, Law Enforcement, Media, Military, Peace Intelligence
DuckDuckGo Update on RYP

Robert Young Pelton, along with Stephen E. Arnold, was the only “repeat” speaker year after year at the multinational open source intelligence event that ran from 1992-2006.  Here is a photo of RYP that just came to our attention while discussing how to fish for drug dealers crossing border lakes.

See Also:

Who’s Who in Public Intelligence: Robert Young Pelton

Review: Licensed to Kill–Hired Guns in the War on Terror (Hardcover)

Review: Robert Young Pelton’s The World’s Most Dangerous Places: 5th Edition

2006 Pelton (US) Recommends The Changing Face of Global Violence

2004 Pelton (US) Value-added Citizen Blogs, Forums, and Wars

2003 Pelton (US) World’s Most Dangerous Places

Journal: Post-Partisan Encounters–Huckabee & Huffington

Collective Intelligence, Media, Open Government, Policy
Story & Video

Beyond Left And Right: Arianna And Mike Huckabee On Fox News (VIDEO)

Arianna visited Mike Huckabee's eponymous show this weekend, finding plenty of common ground with the Fox News host and former Republican governor from Arkansas.

“Basically we went from a country that made things to a country that made things up: CDOs, credit default swaps, toxic derivatives,” said Arianna. “Wall Street became a casino. And we the taxpayers bailed them out. That's where you and I agree.”

The pair also agreed on the problems with Fannie and Freddie, the need to improve America's crumbling infrastructure, and even shared some quips about their accents.

Phi Beta Iota: This is the first sign we have seen of intelligent life in broadcasting–if these two decent people can extend the dialog and maintain the focus on reality-based affordable holistic policy, they could be game-changers.

Journal: Nature-Hand-Held-Cloud-World Brain

Earth Intelligence, IO Mapping

Full Story Online

New ecology app makes wildlife viewing a cultural sport

Project NOAH and its innovative app are about to go global with a media blitz.

Social media to some is the antithesis of all things nature. With people’s heads often bent over handheld devices, it seems like the last thing they will do is notice a chirping bluebird or flying ladybug overhead. But a new app for the iPhone seeks to change all that. Slate reports that Project NOAH, or networked organisms and habitats, can make your mobile device into a handheld wildlife spotting tool.

Journal: Tea Party Introspection–Not There….

Cultural Intelligence
Search Tea Party
Search Tea Party Funding

There is a fascinating dynamic occurring within the Tea Party “movement, one that juxtaposes earnest individuals of all types with much more calculating opportunists who are responsive to money via “anonymous” channels made possible by the Supreme Court decisions to take all limits off corporate funding in politics.

Despite the story being told by numerous media outlets, we estimate that the lower two-thirds, perhaps even the lower four-fifths, of the Tea Party have no idea they are window dressing, hired hands in a political drama being orchestrated by the Republican mandarins who have been named in the media, and their long-standing financial backers, also named.

Among other impacts, this has dramatically lessened the Libertarian movement's prospects, and placed the Green and Reform parties so far over on the sidelines they cannot achieve any semblance of past modest successes.

The question to be asked: Who Benefits?  This is not a question the Tea Party membership is considering with any degree of informed introspection.  Nor is it a question that Wikipedia or other popular public sources of information have addressed with any sufficiency.

20101010   English Defence League forges links with America's Tea Party

As the far-right group marches in Leicester, details are emerging of growing contacts with extremist US groups in a ‘war on Islamification”

Reference: Peace versus War–Competing Visions

10 Security, DoD, YouTube

Go In Peace: An Essay on the War on Terror

Full Post Online
Can you see peace? What does it look like? Can you see a time when we do not send our young people in harm’s way?

The challenge for us is to build a vision of peace. This will require courage to be introspective, to look deeply within ourselves and to ask difficult questions, to strip away the rhetoric and the hate.

Tip of the Hat to  John Marke LinkedIn.

U.S. GOV can kill ANYONE including YOU without trial COVERTLY !! YouTube featuring Ron Paul at the end, raises core issues.  Should be watched with 1961 speech Eisenhower Warns us of New World Order (also YouTube)

Tip of the Hat to  Mario Profaca at Facebook.

Phi Beta Iota: At the end of President Eisenhower's speech, he emphasizes the role of an informed engaged citizenry in assuring the balance of values and power in government.

noble gold