Mini-Me: Goldman Sachs Et Al In the Public Eye

03 Economy, 07 Other Atrocities, 09 Justice, 10 Transnational Crime, 11 Society, Commerce, Corruption
Who? Mini-Me?

The Abacus prospectus

Felix Salmon

Reuters, 23 April 2010

I know you’ve been waiting for this one — here you go! Enjoy all 196 pages of it, and let me know what you find: Matthew Goldstein has already found a Goldman conflict of interest on page 71 (page 77 of the PDF) — the “Initial Collateral Security that is a CLO Security” turns out to be another Goldman product. Which is not obvious from the prospectus at all, since it isn’t even named.

ABACUS Offer Document

Pg 25

“The Protection Buyer or its affiliates and/or the Portfolio Selection Agent or its affiliates may have information, including material, non-public information, regarding the Reference Obligations and the Reference Entities.”

Looks like a lot of subprime shorts knew exactly what these servicers were up to. In terms of CDS payouts, default is a default…doesn’t matter how you come by it. Was this reference collateral selected on the basis of complicit servicers’ expertise in fabricating defaults?

If these reference obligations were selected and shorted with knowledge of subsidiary servicer complicity, this will turn out to be the largest insider trading scheme the world has ever seen.

Read comments

Phi Beta Iota:  Emphasis added.  “But enough eyeballs on it, no crime is invisible.”  We are entering an era where Goldman Sachs and others are going to be subject to both enormous amounts of individual public scrutiny, and scorched earth legal campaigns by governments as well as Main Street corporations to extract compensation from Goldman Sachs and others for their many deliberate crimes that some call financial terrorism.

Robert Steele: Resetting Global Governance & Capitalism

Advanced Cyber/IO, Collaboration Zones, Communities of Practice, Counter-Oppression/Counter-Dictatorship Practices, Ethics, Hacking, InfoOps (IO), Key Players, Methods & Process, Officers Call, Policies, Resilience, Strategy, Threats
Robert David STEELE Vivas

The next 90-180 days may well bring the creative destruction of predatory immoral capitalism and the emergence of resilient moral capitalism.

“We are on the verge of an economic collapse which starts, let’s say, in Greece. The financial system remains extremely vulnerable.” (George Soros, 2011)

What is collapsing is the predatory Western system of financial terrorism against governments and publics.  This is an opportunity for creative destruction and the renaissance of the Greek economy as well as the restoration of integrity – trust – as a foundation for a prosperous world at peace.  In the process, capitalism will morph from top-down manipulative finance to bottom-up resilient community capitalism.  It will also be redirected from a focus on making toxic things for the one billion rich to making useful lasting things for the five billion poor whose annual income is four times that of the one billion rich, four trillion dollars a year.  Those governments that adapt to reality-based hybrid collaborative resilience will prosper–those that persist in trying to micro-manage that which they do not understand and those whom they cannot control, will fail.

Below are two current articles and two of the most popular book reviews on this web site, as well as an updated Reflections on Integrity.

The real Greek economy: owners, rentiers and opportunists
Aristos Doxiadis, OpenEconomy, 23 September 2010

California and Bust
Michael Lewis, Vanity Fair, November 2011

Review: Griftopia–Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America

Review: The Genius of the Beast–A Radical Re-Vision of Capitalism

Journal: Reflections on Integrity UPDATED

See Also:

Worth a Look: Book Review Lists (Positive)

Mini-Me: Assassination – Made in America – At What Cost? Impeachable Treason.

07 Other Atrocities, 09 Justice, 09 Terrorism, 10 Security, 11 Society, Civil Society, Corruption, Counter-Oppression/Counter-Dictatorship Practices, Cultural Intelligence, DoD, Government, IO Deeds of War, Law Enforcement, Methods & Process, Military, Misinformation & Propaganda, Officers Call
Who? Mini-Me?

The due-process-free assassination of U.S. citizens is now reality

Without a shred of due process, far from any battlefield, President Obama succeeds in killing Anwar al-Awlaki

Glenn Greenwald

Salon, 30 September 2011

The US Assassination of Anwar al-Awlaki and the Blurring of Bright Lines

E. D. Kain

Forbes, 30 September 2011

The Obama administration has demonstrated once again, as it did in Libya and as it’s done in a variety of surveillance cases, that its view of executive power in the arena of national security is hardly any less expansive than Dick Cheney’s was. The fact that this was predictable makes it no less alarming.

Continue reading “Mini-Me: Assassination – Made in America – At What Cost? Impeachable Treason.”

Winslow Wheeler: Elitist Corruption on the Defense Budget

03 Economy, 07 Other Atrocities, 09 Justice, 10 Security, 11 Society, Budgets & Funding, Commerce, Corporations, Corruption, Counter-Oppression/Counter-Dictatorship Practices, DoD, Government, IO Deeds of War, Military, Money, Banks & Concentrated Wealth, Officers Call, Power Behind-the-Scenes/Special Interests
Winslow Wheeler

Just as the leaders of US national security thinking led America into the war in Iraq based on the false premise of Saddam's weapons of mass destruction and reckless, but politically powerful, rhetoric, Washington's elite are now circling the wagons around the defense budget.  They are using the same disingenuous tactics and the same kind of rhetorical gibberish. While they have successfully intimidated the rest of the political system, they are also making huge fools of themselves.

I express my views on this and some defense budget facts you have not heard from these people in a commentary.  Titled “The Stench of Elitism in Defense Spending,” it is available at the Politics page of the Huffington Post.  Under the better mannered title “Elites Are Wrong,” an edit is also available at AOL Defense.

 Full text below the line.

Continue reading “Winslow Wheeler: Elitist Corruption on the Defense Budget”

Mini-Me: Cry from the Heart On US Electoral Fraud

07 Other Atrocities, 09 Justice, Civil Society, Commerce, Corruption, Government, IO Deeds of War, Law Enforcement, Money, Banks & Concentrated Wealth, Officers Call, Power Behind-the-Scenes/Special Interests
Who? Mini-Me?

Reacting to:

Tom Atlee: Diebold Voting Machines Can Be Hacked Remotely–ONE THIRD of All Votes Can Be Easily Manipulated

From Canada via Email:

Why do you think I moved to Canada after the 2004 election was stolen in Ohio? I had direct experience as an election observer for the Democratic party at the Ohio recount in 2004, the Ohio 2006 elections, and the 2008 election. All were defrauded. I was on a citizen lawsuit filed in the Federal courts, and the judge refused our original evidence. We have a huge paper trail of evidence. Here’s the public record.

I personally tried to save the Republican IT guys whose plane went down in 2008 after he was deposed by the King Lincoln attorneys. I spoke with his attorney before he deposition and tried to keep him from speaking, even though that put the theft on record. We needed to save him for a protected testimony. Yes, that’s how it ends when you try to come clean.

Many MANY activists have worked on this since 2004. We were told by Salon and by Daily Kos, by all the bloggers we were conspiracy nuts, until Robert F. Kennedy Jr published his piece in Rolling Stone, I believe, in 2006.  I realized we could not win this by activism or legal means. I moved to Canada and became a permanent resident. There are some wars you cannot win.

Continue reading “Mini-Me: Cry from the Heart On US Electoral Fraud”

Koko: Ralph Nader Loves Ron Paul, Hails Potential Left-Libertarian Alliance

Advanced Cyber/IO, Budgets & Funding, Civil Society, Collective Intelligence, Counter-Oppression/Counter-Dictatorship Practices, Cultural Intelligence, Ethics, Government, Policies, Threats

Koko Signs:  All that's needed now is the convergence of Independents, the Day of Rage and Freedom Plaza mobs, a revitalized labor movement, all centered on Electora Reform, a Coalition Cabinet, and the cancelling of corporate charters for any corporation screwing the public – and of course the repeal of “corporate personality.”

Ralph Nader Hearts Ron Paul, Hails Potential Left-Libertarian Alliance

Matt Welch

Reason.com, 28 September 2011

Michael Tracey, who wrote about restrictive teen-driving laws in the June issue of Reason, catches up with the consumer crusader for The American Conservative:

Looking ahead to the 2012 presidential race, one might assume that Nader has little to be cheerful about.

Yet he says there is one candidate who sticks out—who even gives him hope: Rep. Ron Paul of Texas. […]

“Look at the latitude,” Nader says, referring to the potential for cooperation between libertarians and the left. “Military budget, foreign wars, empire, Patriot Act, corporate welfare—for starters. When you add those all up, that's a foundational convergence. Progressives should do so good.”

Read more including links.

See Also:

Seven Promises to America–Who Will Do This?

Koko: Leaderless Mobs – Occupy Wall Street & Occupy Freedom Plaza in Limbo

01 Poverty, 03 Economy, 07 Other Atrocities, 10 Transnational Crime, 11 Society, Civil Society, Commerce, Commercial Intelligence, Corruption, Counter-Oppression/Counter-Dictatorship Practices, Cultural Intelligence, Ethics, Government, IO Deeds of Peace, Money, Banks & Concentrated Wealth
Koko

Occupy Wall Street protesters driven by varying goals

Almost two weeks into an anti-greed sit-in, the ‘leaderless resistance movement' is at a crossroads.

By Tina Susman

Los Angeles Times

September 29, 2011, 5:48 p.m

Reporting from New York—

Michael Moore and Susan Sarandon have dropped in. A seasoned diplomat dispenses free advice. Supporters send everything from boxes of food and clothes to Whole Foods gift cards. They even have their own app, for the legions of fans following them on iPhones and Androids.

Day 13 of Occupy Wall Street begins with a march through the streets of Lower Manhattan around the time the opening bell rings on the stock exchange. (Carolyn Cole, Los Angeles Times / September 30, 2011)

Nearly two weeks into a sit-in at a park in Manhattan's financial district, the “leaderless resistance movement” calling itself Occupy Wall Street is at a crossroads. The number of protesters on scene so far tops out at a few hundred, tiny by Athens or Cairo standards. But the traction they have gained from run-ins with police, a live feed from their encampment and celebrity visits is upping expectations. How about some specific demands, a long-term strategy, maybe even … office space?

So far the group, which generally defines itself as anti-greed, has none of those.

Read full article.

See Also:

Continue reading “Koko: Leaderless Mobs – Occupy Wall Street & Occupy Freedom Plaza in Limbo”

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