Chuck Spinney: Jeff Madrick on The Age of Greed and Failure of Government to Check Private Sector Greed

03 Economy, 07 Other Atrocities, 09 Justice, 10 Transnational Crime, 11 Society, Articles & Chapters, Commerce, Commercial Intelligence, Corruption, Cultural Intelligence, Government, IO Impotency, Money, Banks & Concentrated Wealth, Power Behind-the-Scenes/Special Interests
Chuck Spinney
Here is a review of my friend Jeff Madrick's important new book, Age of Greed: The Triumph of Finance and the Decline of America, 1970 to the Present

Book review: ‘Age of Greed’ by Jeff Madrick

By David Greenberg, Washington Post Outlook, 29 July 2011

David Greenberg is a professor of history and of journalism and media studies at Rutgers University. He is a fellow at the Woodrow Wilson International Center for Scholars for the 2010-11 academic year.

EXTRACTS

“Age of Greed” chronicles how Americans ended up with the highly unregulated financial system that produced the meltdown of 2008 and the fallout that lingers three years later. What’s most novel about the book, which relies heavily on other secondary accounts, is that unlike other recent treatments of the financial crisis, it traces the origins of the problem not to the Bush or Clinton or even Reagan years, but all the way to the late 1960s.

. . . . . .

The real scandal revealed by Madrick’s important book is not the well-known tales of dastards such as telecom analyst Jack Grubman or Internet stock promoter Frank Quattrone, but the more elusive — and more consequential — story of how the government came to abdicate this supreme responsibility.

Read full review….

Koko: US Government Suspends Scientist For Integrity Inquiry – Who Suspends the USG?

03 Environmental Degradation, 05 Energy, 07 Other Atrocities, 09 Justice, 11 Society, Articles & Chapters, Corruption, Cultural Intelligence, Earth Intelligence, Government, Politics of Science & Science of Politics, Power Behind-the-Scenes/Special Interests
Koko

Arctic scientist who exposed climate threat to polar bear is suspended

US government conducts ‘integrity inquiry' on federal biologist amid lobbying by oil firms for Arctic permits

, US environment correspondent

guardian.co.uk,

It was seen as one of the most distressing effects of climate change ever recorded: polar bears dying of exhaustion after being stranded between melting patches of Arctic sea ice.

But now the government scientist who first warned of the threat to polar bears in a warming Arctic has been suspended and his work put under official investigation for possible scientific misconduct.

. . . . . .

Some question why Monnett, employed by the US Bureau of Ocean Energy Management, Regulation and Enforcement, has been suspended at this moment. The Obama administration has been accused of hounding the scientist so it can open up the fragile region to drilling by Shell and other big oil companies.

Penguin: Grand Theft USA – Details on 2004 Electoral Theft

07 Other Atrocities, 11 Society, Articles & Chapters, Communities of Practice, Corruption, Counter-Oppression/Counter-Dictatorship Practices, Cultural Intelligence, IO Deeds of War, IO Impotency, Power Behind-the-Scenes/Special Interests
Who, Me?

Forget Anonymous: Evidence Suggests GOP Hacked, Stole 2004 Election

By John Thorpe

Benzinga Staff Writer

July 21, 2011 1:07 PM

EXTRACT

“A new filing in the King Lincoln Bronzeville v. Blackwell case includes a copy of the Ohio Secretary of State election production system configuration that was in use in Ohio's 2004 presidential election when there was a sudden and unexpected shift in votes for George W. Bush,” according to Bob Fitrakis, columnist at http://www.freepress.org and co-counsel in the litigation and investigation.

If you recall, Ohio was the battleground state that provided George Bush with the electoral votes needed to win re-election. Had Senator John Kerry won Ohio's electoral votes, he would have been elected instead.

Evidence from the filing suggests that Republican operatives — including the private computer firms hired to manage the electronic voting data — were compromised.

Read full article….

Chuck Spinney: The Afgan Misadventure in One Paragraph

03 Economy, 04 Inter-State Conflict, 05 Civil War, 07 Other Atrocities, 08 Wild Cards, 10 Security, 11 Society, Budgets & Funding, Corruption, Cultural Intelligence, Government, IO Deeds of War, IO Impotency, Military, Officers Call, Power Behind-the-Scenes/Special Interests, Secrecy & Politics of Secrecy, Strategy, Waste (materials, food, etc)
Chuck Spinney

First, the paragraph:

“The enterprise has proved to be a model of how not to go about such things, breaking all the rules of grand strategy: getting in without having any idea of how to get out; almost wilful misdiagnosis of the challenges; changing objectives, and no coherent or consistent plan; mission creep on an heroic scale; disunity of political and military command, also on an heroic scale; diversion of attention and resources [to Iraq] at a critical stage in the adventure; poor choice of local allies, who rapidly became more of a problem than a solution; unwillingness to co-opt the neighbours into the project, and thus address the mission-critical problem of external sanctuary and support; military advice, long on institutional self-interest, but woefully short on serious objective analysis of the problems of pacifying a broken country with largely non-existent institutions of government and security; weak political leadership, notably in subjecting to proper scrutiny militarily heavy approaches, and in explaining to the increasingly, and now decisively, sceptical domestic press and public the benefits of expending so much treasure and blood.”

Sir Sherard Cowper-Coles
British ambassador in Kabul and as special envoy to Afghanistan and Pakistan

The Afghan misadventure

By Lionel Barber, Financial Times, 22/07/11

Phi Beta Iota:  A full reading of “The Afghan misadventure” by Lionel Barber is highly recommended.  The ends with several lessons not understood in Washington, and a marvelous description of NATO as a “tethered goat.”  He also recommends these three books:

Please respect FT.com's ts&cs and copyright policy which allow you to: share links; copy content for personal use; & redistribute limited extracts. Email ftsales.support@ft.com to buy additional rights or use this link to reference the article – http://www.ft.com/cms/s/2/0feac042-b395-11e0-b56c-00144feabdc0.html#ixzz1SxSELLAY

Cables From Kabul: The Inside Story of the West’s Afghanistan Campaign, by Sherard Cowper-Coles, Harper Press, 352 pages

The Wars of Afghanistan: Messianic Terrorism, Tribal Conflicts and the Failures of Great Powers, by Peter Tomsen, PublicAffairs, 912 pages

Dead Men Risen: The Welsh Guards and the Real Story of Britain’s War in Afghanistan, by Toby Harnden, Quercus, 640 pages

John Robb: 94% of Rich Fear Riots Calling for their Blood

Civil Society, Commerce, Commercial Intelligence, Corruption, Cultural Intelligence, Government, Methods & Process, Money, Banks & Concentrated Wealth, Policies, Power Behind-the-Scenes/Special Interests, Threats
John Robb

WSJ:  94% of global millionaires fear riots/unrest in the streets that calls for their blood.  As well they should.

Why the Rich Fear Violence in the Streets

Robert Frank

Wall Street Journal, 6 July 2011

EXTRACT:

A new survey from Insite Security and IBOPE Zogby International of those with liquid assets of $1 million or more found that 94% of respondents are concerned about the global unrest around the world today.

Fully 90% of respondents have a negative view of the current global economic climate and 41% say they have little or no faith that the U.S. will be able to right itself in this fiscal climate.

Read full story…

Phi Beta Iota:  The super rich have created a global plague of failed states, poverty, infectious disease, and environmental degradation, thinking governments that they corrupted will take care of it.  Not so.  Corruption is a super-plague.  Integrity is the antidote, M4IS2 is the method by which the super-rich can fund a win-win recovery.  They did it once before, addressing public health in New York City.  Time for big ideas again.

DefDog: US Approach to Security Insane?

07 Other Atrocities, 10 Security, 11 Society, Corruption, Counter-Oppression/Counter-Dictatorship Practices, Cultural Intelligence, Government, IO Deeds of War, IO Impotency, Power Behind-the-Scenes/Special Interests, Waste (materials, food, etc)
DefDog Recommends....

Anyone who believes we are winning the War on Terror doesn't understand the goals of AQ.  They wanted us to be afraid and to spend our money, both of which the government is doing in spades…..one really has to ask, then, who is winning?

Is high security backfiring in U.S.?

By Richard Engel, NBC News Chief Foreign Correspondent

NEW YORK – As a foreign correspondent for NBC News, I haven’t spent much time in the United States during the last decade. I return only occasionally to check in with colleagues, visit family, or, this last time, to research a documentary for MSNBC.

The documentary, still in the works, is about the Global War on Terrorism, and what it has done to our military, economy and American society in general. Perhaps because the subject was on my mind, I found a recent travel experience especially meaningful.

Through my work I travel to some of the busiest airports in high-risk areas. Just this year I have been in Egypt, Tunisia, Iran, Bahrain, Libya, France, Italy and many other countries. But I have yet to feel so angry, so embarrassed or so scrutinized as I did going through airport security for a flight from Los Angeles International Airport to New York’s JFK while visiting home.

. . . . .

I’ve watched American troops fight, and sometimes die, to drive the Taliban and al-Qaida from Afghanistan, and to secure free elections in Iraq. They have been fighting for other people to be free. I was horrified to see that despite their sacrifices we’d let ourselves become a nation that appears to be driven by fear.

. . . . .

But at the airport, watching a 7-year-old girl go through a full body scan in public – just so she could fly out of the city of Los Angeles – made me wonder how much we have lost.

Read full article….

Phi Beta Iota:  The Founding Fathers do not approve….

Thomas Jefferson: A Nation’s best defense is an educated citizenry.

Thomas Jefferson: Educate and inform the whole mass of the people… They are the only sure reliance for the preservation of our liberty.

James Madison: Knowledge will forever govern ignorance; and a people who mean to be their own governors must arm themselves with the power which knowledge gives.

Geo-Engineering: Be Very Afraid — Atrocities Advance

07 Other Atrocities, Commercial Intelligence, Communities of Practice, Corruption, Earth Intelligence, IO Impotency, Key Players, Policies, Politics of Science & Science of Politics, Power Behind-the-Scenes/Special Interests, Real Time, Secrecy & Politics of Secrecy
John Vidal

Geo-engineering: green versus greed in the race to cool the planet

Critics fear that manipulating weather patterns could have a calamitous effect on poorer countries

The Observer,

Phi Beta Iota:  This really excellent article is highly recommended along with a look at the only book in English out just now, Geo-Engineering Climate Change: Environmental Necessity or Pandora's Box?The fragmentation of knowledge, the corruption of governments and industry, and the abuse of secrecy to conceal the real dimensions of earthquake and tsunami creating technologies–High Frequency Active Auroral Research Program or HAARP being one set–all suggest that precautionary science has been set aside, and catastrophic initiatives are being undertaken on a foundation of very inadequate understanding.  This is the kind of global challenge and response that should be within the purview of a Multinational, Multiagency, Multidisciplinary, Multidomain Information-Sharing and Sense-Making (M4IS2) Centre that can be relied upon to produce “The Virgin Truth.”

 

Safety Copy Below the Line

Continue reading “Geo-Engineering: Be Very Afraid — Atrocities Advance”