07 Other Atrocities – Page 443 – Public Intelligence Blog

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

Cheery Waves: Four of Five CIA Bay of Pigs History Books Released by National Security Archive

04 Inter-State Conflict, 07 Other Atrocities, 10 Security, 11 Society, Corruption, Cultural Intelligence, Director of National Intelligence et al (IC), Government, Power Behind-the-Scenes/Special Interests, Secrecy & Politics of Secrecy

Archive Cuba Project posts Four Volumes; calls for declassification of still secret Volume 5

National Security Archive Electronic Briefing Book No. 355

Posted – August 15, 2011

By Peter Kornbluh

For more information contact:
Peter Kornbluh – 202/374-7281 or by email

EXTRACT

In perhaps the most important revelation of the entire official history, the CIA task force in charge of the paramilitary assault did not believe it could succeed without becoming an open invasion supported by the U.S. military. On page 149 of Volume III, Pfeiffer quotes still-secret minutes of the Task Force meeting held on November 15, 1960, to prepare a briefing for the new President-elect, John F. Kennedy: “Our original concept is now seen to be unachievable in the face of the controls Castro has instituted,” the document states. “Our second concept (1,500-3000 man force to secure a beach with airstrip) is also now seen to be unachievable, except as a joint Agency/DOD action.”

This candid assessment was not shared with the President-elect then, nor later after the inauguration. As Pfeiffer points out, “what was being denied in confidence in mid-November 1960 became the fact of the Zapata Plan and the Bay of Pigs Operation in March 1961”—run only by the CIA, and with a force of 1,200 men.

2011/08/16

Jon Stewart Slams Commentators on Ignoring Ron Paul

07 Other Atrocities, 11 Society, Corruption, Counter-Oppression/Counter-Dictatorship Practices, Cultural Intelligence, Media

Jon Stewart skewers the media, and especially the right-wing media, for obviously and deliberately refusing to name Ron Paul or mention his various victories.

Monday August 15, 2011

Indecision 2012 – Corn Polled Edition – Ron Paul & the Top Tier

Even when the media does remember Ron Paul, it's only to reassure themselves that there's no need to remember Ron Paul.

Phi Beta Iota: The corruption of the media, including CNN and Bloomberg, is despicable. They dishonor the public from whom they derive their public commissions to do business.

2011/08/14

DefDog: The Pentagon’s new China war plan

02 China, 03 Economy, 04 Inter-State Conflict, 05 Iran, 07 Other Atrocities, 10 Security, 11 Society, Analysis, Budgets & Funding, Corruption, Cultural Intelligence, IO Deeds of War, Military, Officers Call, Power Behind-the-Scenes/Special Interests, Secrecy & Politics of Secrecy, Strategy, Waste (materials, food, etc)

The Cold War Part 2, revisiting a failed strategy…..

Good closing paragraph in the story……

The Pentagon's new China war plan

Despite budget woes, the military is preparing for a conflict with our biggest rival — and we should be worried

This summer, despite America’s continuing financial crisis, the Pentagon is effectively considering trading two military quagmires for the possibility of a third. Reducing its commitments in Iraq and Afghanistan as it refocuses on Asia, Washington is not so much withdrawing forces from the Persian Gulf as it is redeploying them for a prospective war with its largest creditor, China.

. . . . .

AirSea Battle, developed in the early 1990s and most recently codified in a 2009 Navy-Air Force classified memo, is a vehicle for conforming U.S. military power to address asymmetrical threats in the Western Pacific and the Persian Gulf — code for China and Iran. (This alone raises a crucial point: If the U.S. has had nothing but trouble with asymmetrical warfare for the last 45 years, why should a war with China, or Iran for that matter, be any different?) It complements the 1992 Defense Planning Guidance, a government white paper that precluded the rise of any “peer competitor” that might challenge U.S. dominance worldwide.

. . . . . . .

For the first time since the end of the Cold War, the U.S. government has encountered the practical limits of the 1992 Defense Planning Guidance.

. . . . . .

Here is a noble appeal for Washington to match its commitments with the resources needed to sustain them, the absence of which has fueled the debt crisis that nearly reduced the United States to a mendicant state. Such are the crippling costs of a defense policy that makes global hegemony a mindless imperative.

Read full article….

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

2011/08/132011/08/13

Koko: CIA 9/11 Cover-Up? Business As Usual

07 Other Atrocities, 09 Justice, 09 Terrorism, Director of National Intelligence et al (IC), Government, IO Impotency

A CIA 9/11 Cover-Up?

Did the CIA keep mum about two 9/11 hijackers because it tried and failed to recruit them? Anthony Summers and Robbyn Swan, authors of ‘The Eleventh Day,' on whether there’s any truth behind ex-Bush official Richard Clarke’s claim.

Daily Beast, 12 April 2011

EXTRACT

At the heart of the suggestion that the agency intentionally withheld information was the discovery by the Justice Department’s inspector-general of a draft cable—one that was prepared but never sent—by an FBI agent on attachment to the CIA’s bin Laden unit.

The CIA’s “screw-up” explanation of its lamentable failure to act remains at best unconvincing, at worst indicative that it conceals a very different, secret scenario.

Read full article…

An Explosive New 9/11 Charge

Review: Wedge–From Pearl Harbor to 9/11–How the Secret War between the FBI and CIA Has Endangered National Security

Worth a Look: Book Reviews on Intelligence (Most)

2011/08/132011/08/15

Marcus Aurelius: Richard Clarke Slams CIA on 9/11

07 Other Atrocities, 09 Justice, Corruption, Government

Marcus-Aurelius-150x150 — Marcus Aurelius

Public Intelligence Net has consolidated two separate items that I repeat below. Net interest is high, this consolidated version is more reliable.

Phi Beta Iota: Worth a full read. Comments at end below the line.

Richard Clarke Says CIA Tried to Recruit 9/11 Terrorists

An Explosive New 9/11 Charge (Daily Beast):

In a new documentary, former national-security aide Richard Clarke suggests the CIA tried to recruit 9/11 hijackers—then covered it up. Philip Shenon on George Tenet’s denial.

With the 10^th anniversary of the 9/11 attacks only a month away, former CIA Director George Tenet and two former top aides are fighting back hard against allegations that they engaged in a massive cover-up in 2000 and 2001 to hide intelligence from the White House and the FBI that might have prevented the attacks.

The source of the explosive, unproved allegations is a man who once considered Tenet a close friend: former White House counterterrorism czar Richard Clarke, who makes the charges against Tenet and the CIA in an interview for a radio documentary timed to the 10^th anniversary next month. Portions of the Clarke interview were made available to The Daily Beast by the producers of the documentary.

Continue reading “Marcus Aurelius: Richard Clarke Slams CIA on 9/11”