Venessa Miemis: GAO Slams Fed for Lack of Integrity

03 Economy, 09 Justice, 11 Society, Commercial Intelligence, General Accountability Office
Venessa Miemis

From Senator Bernie Sanders, US Senator for Vermont

The Fed Audit

July 21, 2011

The first top-to-bottom audit of the Federal Reserve uncovered eye-popping new details about how the U.S. provided a whopping $16 trillion in secret loans to bail out American and foreign banks and businesses during the worst economic crisis since the Great Depression. An amendment by Sen. Bernie Sanders to the Wall Street reform law passed one year ago this week directed the Government Accountability Office to conduct the study. “As a result of this audit, we now know that the Federal Reserve provided more than $16 trillion in total financial assistance to some of the largest financial institutions and corporations in the United States and throughout the world,” said Sanders. “This is a clear case of socialism for the rich and rugged, you're-on-your-own individualism for everyone else.”

Among the investigation's key findings is that the Fed unilaterally provided trillions of dollars in financial assistance to foreign banks and corporations from South Korea to Scotland, according to the GAO report. “No agency of the United States government should be allowed to bailout a foreign bank or corporation without the direct approval of Congress and the president,” Sanders said.

Read the rest of this damning summary, and use link to full report….

Koko: List of Toxic US States

03 Environmental Degradation, 05 Energy, 07 Health, 07 Other Atrocities, Analysis, Commerce, Corporations, Corruption, Government, IO Impotency, Media Reports
Koko the Reflexive

FOR IMMEDIATE RELEASE

Press contact: Suzanne Struglinski, NRDC, 202-289-2387 or sstruglinski@nrdc.org

If you are not a member of the press, please write to us at nrdcinfo@nrdc.org or see our contact page

Ohio, Pennsylvania and Florida Lead List of “Toxic 20” States with Most Toxic Air Pollution from Power Plants

Worst States: OH, PA, FL, KY, MD, IN, MI, WV, GA, NC, SC, AL, TX, VA, TN, MO, IL, WI, NH, IA
WASHINGTON (July 20, 2011) — Residents of Ohio, Pennsylvania and Florida live in states with the most toxic air pollution from coal- and oil-fired power plants, according to an analysis by the Natural Resources Defense Council.

The study used publicly-available data in the Environmental Protection Agency’s Toxics Release Inventory (TRI). The analysis, entitled “Toxic Power: How Power Plants Contaminate Our Air and States” was jointly released today by NRDC and Physicians for Social Responsibility (PSR).

Among the key findings:

  • Nearly half of all the toxic air pollution reported from industrial sources in the United States comes from coal- and oil-fired power plants.
  • Power plants are the single largest industrial source of toxic air pollution in 28 states and the District of Columbia.

Read full statement….

Koko Observes (in American Sign Language):  The above is an excellent example of isolated concern that is going nowhere–never mind the blatant corruption of Congress.  If it were combined with a 360 degree toxicity survey showing food poisoning, toxic chemicals in everyday materials, and so on, this would be a great deal more useful.  If all of that were integrated into a true cost global game (or in this case, national game), there would be a compellingly useful basis for public outrage one district at a time.

In the Dark of the Night: Public Administration in the 21st Century II

Advanced Cyber/IO, Blog Wisdom, Communities of Practice, Cultural Intelligence, Ethics, Officers Call

Responding to  Harrison Owen: Public Administration in the 21st Century II.

I think of consciousness from two perspectives.  Both may seem plodding.  I don’t think of it in terms of evolution, understood as involving some novel emergence, like growing a new organ. An improvement of consciousness occurs within the kind of physical and social makeup and potential that humans have had for a very long time and will be stuck with for a very long time.

One perspective is individual development.  I’m reading Bernard Lonergan right now, so I will use his terms.  He uses lists and says there are five degrees of “self-transcendence.”  (Don’t go looking for any long explanation.  I’m working off his Reader, and an excerpt from a 1980 article called “A Post-Hegelian Philosophy of Religion.”)   “The fourth is the discovery of a truth.. the grasp in a manifold of data of the sufficiency of the evidence for our affirmation or negation.  The fifth is the successive negotiation of the stages of morality and/or identity till we reach the point where we discover that it is up to ourselves to decide for ourselves what we are to make of ourselves, where we decisively meet the challenge of that discovery, where we set ourselves apart from the drifters. …becomes a successful way of life ..when we fall in love, whether the love be the domestic love.. or the love of our fellows whose well-being we promote and defend, or the love of God above all in whom we love our neighbor as ourselves.”

This seems to fit with what struck me in Robert Kegan’s book, Immunity to Change: How to Overcome it and Unlock the Potential in Yourself and Your Organization.  He has a nice little progression on “mental capability”, going from socialized mind, self-authoring mind, and self-transforming mind.   The self-authoring mind is a very clever fellow who figures out how to get things done and apply concepts.  They are the leaders today but a few percent get beyond it. Kegan even seems to have some tests that can detect this. And I saw his deceptively simple unlocking workshop really make a difference for several people.

The other perspective is culture.  Lonergan points to a first enlightenment, with Newton, that swept away feudalism.  We are well into a second enlightenment that relativizes it all.  “Just as the first enlightenment had its carrier in the transition from feudal to bourgeois society, so the second may find a role and task in offering hope and providing leadership to the masses alienated by large establishments under bureaucratic management.” (From a 1975 paper in the Third Collection, p56-65.)

While all this sounds plodding, it can also get very sophisticated (in explaining our degraded culture and recapturing lost insight) without at the same time being taken in by some new age or guru, an impulse that has confused and derailed us. (My other guide on this is Eric Voegelin, who understood the errors of gnosticism.)

Harrison Owen: Public Administration in the 21st Century II

Advanced Cyber/IO, Blog Wisdom, Communities of Practice, Cultural Intelligence, Ethics, Officers Call, Policies

Good show to In the Dark of the Night with the “Three Story lines” I find myself in substantial agreement with all that is said about the downsides. However I might put an additional twist on #1 – Changing Consciousness. It certainly can have the air of fantasy, especially when played in the mode of “The Age of Aquarius.” But the positive side might be that it has happened before on multiple occasions – so why not again? I think there is broad agreement that such shifts have happened, and not just in the esoteric community. Less agreement as to the exact phases and mechanisms of development (evolution) – and mild to wild arguments about the details. Developmental Psychologists, Anthropologists, Sociologists all have their schema – along with the esoteric community. It is even possible to do some useful comparative study, for example, Ken Wilbur’s The Spectrum of Consciousness (Quest Books, 1993)

The schema I offered (my take on the Great Chain) certainly falls at the low end of sophistication when compared to the other efforts, but  it has been  around a lot longer than all the rest which suggests a certain historical viability. And it was not my purpose to rewrite the history of consciousness, a task for which I have zero competence – but rather to get something on the table for discussion. Five Easy Pieces, as it were – you might say it was “good enough for government work.”

Anyhow, if shifts do take place, and the schema I offered is a rough approximation of the situation – why would that matter? One might argue that you simply had to fold your hands and wait for the inevitable to take place – and many people would do that – so why bother to even think about it? I think there are at least two reasons. First – when life gets confusing it is helpful if you can see the dreck as part of a process as opposed to mad randomness. I’m told that women experience this in the birthing process, each moment of which can seem like insane hell – and it is also an ordered sequence that gets you to a desired outcome (a baby). The second reason is that with some knowledge of the process, it may be possible to facilitate its progress, which of course is what a Midwife does, and Breathing helps.

You don’t design the process, can’t change it – No skipping of steps! But you can facilitate its flow. That is what happens in birthing. Could it also happen in the birthing of consciousness? Not just with each individual, one individual at a time, but all together, or at least in large groups? I think we have more than a few clues as to how that might happen – none of which include storming the walls of the ancient regime or convening the global design team. I think.

Ho.

In the Dark of Night: Public Administration in the 21st Century

Advanced Cyber/IO, Blog Wisdom, Communities of Practice, Cultural Intelligence, Ethics, Officers Call, Policies

I see three story lines in this particular piece and often in much of your work in the past decade since you encountered Tom Atlee and those he introduced you to (one could say he did change your own consciousness):

Line 1.  We are going to change consciousness

Line 2.  The prior regime needs to be destroyed

Line 3.  The times allow for, and cause us to, organize differently

I am sympathetic with all three, but each has its downside.

Continue reading “In the Dark of Night: Public Administration in the 21st Century”