In the realm of JFK assassination investigations: lore, irrefutable facts, fiction “factions” and myths, all often compete side-by-side for the right to be accepted. The reader is thus forced to develop a finely tuned “crap-detection system” in order to sort out one from the other.
It is no different in this manuscript produced by Wim Dankbaar, which, as it introduces a new kind of medium (“the investigative internet book”), also blazes its own fresh trail of validated facts in pursuit of uncovering the “real” culprits of the JFK whodunit.
Final Review: Boring, Limited, Not for General Audience
January 3, 2011
After reading this book, which I found to be extremely boring, I have to give Pierre Sprey very high marks for his substantive contributions to the C-SPAN Book interview of the author. My summary of that interview is therefore an important part of my summary of this book. It can be seen at Phi Beta Iota the Public Intelligence Blog by searching for the two names Pierre Sprey William Hartung without quotes or brackets.
I reduce the book to four from five stars because it is a lazy book–no charts, no maps, just a blast of names and dates and numbers–VERY boring. However righteous, this book could have been much better.
Comments:
+ 29B per year in revenue from the Pentagon, probably is low number, is not that much.
+ Lockheed grossly exaggerates job numbers and refuses to back them up.
+ Lockheed wins with low bids and the Pentagon acquisition folks are so inept or politically influenced they accept that.
+ Lockheed is the poster child for a broken acquisition system–quite right–that does not make them the bad guys.
I have been researching this topic myself for four or five years now and am familiar with almost every other book in this genre, and I can unequivocally say that this is now the definitive work on the world's financial and banking system, the history of money and power in Western civilization, and the dire prognosis for our economy and our personal freedoms, in general, as a result. It is vastly superior to “The Creature from Jekyll Island”, to compare it to one other fine book on the subject that is now outdated, both in terms of its complete historical coverage, as well as a completely up to date perspective on recent financial history and a deeply insightful analysis of our current debt crisis, why it was let out of control, and who would benefit from its ultimate unwinding. Quite frankly, looking back four to five years from now, this could be the most profound non-fiction work of our times. Robert Hemphill, Credit Manager for the Federal Reserve Bank in Atlanta, when speaking on the same topic as this book, stated, “It is the most important subject intelligent persons can investigate and reflect upon.” I couldn't agree more, and even encourage many unintelligent persons to give it a go. The mechanics of money and finance have a profound affect on every person's life and well being, and is inextricably linked to the fabric of our society and our freedom. Yet it is almost completely ignored and poorly understood by the common man. As Henry Ford said, “It is well that the people of this nation do not understand our banking and monetary system, for if they did, I believe there would be revolution before tomorrow morning.” It's time we all started to understand what's been going on and how it will affect our immediate future.
By no stretch should this book be dismissed as a three. While I might normally have gone with a four, I am settling on five for balance and because the author not only covers an extraordinarily important topic in a sensible measured way, but his endnotes are another book all by themselves–I recommend all readers start there.
Where the author falls short is in lacking a strategic analytic construct for measuring the true costs of lying in blood, treasure, and spirit. He tends to ascribe pure motives to leaders (for example, not at all confronting the raw fact that Dick Cheney committed 23 documented impeachable acts (see my review of Vice: Dick Cheney and the Hijacking of the American Presidency for the itemization) and Dick Cheney also led the telling of 935 documented lies best covered by TruthDig but also in Weapons of Mass Deception: The Uses of Propaganda in Bush's War on Iraq.
The book disconnects grand strategy (global engagement) from domestic prosperity in a manner I find disconcerting, and while the author is most able in documenting the costs to a democracy of lies to the public, I do not see nor feel the deeper reality: lies destroy the Commonwealth. Lies allow a two-party tyranny to sell out to the Arabs (not just the Israelis), to Wall Street–lies permit the mortgage clearinghouse fraud, the derivatives fraud, and the Federal Reserve fraud on the one hand, while also fooling the public into a national security policy that is clinically insane, catastrophically costly, and ultimately a self-inflicted wound that could be fatal. Continue reading “Review: Why Leaders Lie–The Truth About Lying in International Politics”
When I was a graduate student in the 1970's, “Banks & Textor” was the bible, and I could not have done my first graduate thesis on revolution without its inspiration. This reference taught me how to “operationalize” from a pre-condition of revolution (e.g. concentration of wealth) to specific measurable factors within a society (e.g. a mix of per capita income and spread).
As I just wrote in a commentary on the gap between rich and poor in the US,
In the 1970's an era when “whole systems” thinking tried to flourish only to be crushed by the emergent merger of the two-party tyranny and Wall Street, there was a vital comparative international studies reference, “Banks & Textor,” or more properly, Arthus S. Banks and Robert B. Textor, A Cross-Polity Survey (Cambridge, MA: MIT, 1963). We strongly suspect that today the USA would be qualified a failed state, certainly so if the 1% of the population hoarding the bulk of the wealth were isolated as an extraneous factor contributing little of value to the larger economy while siphoning off one fifth of the asset value through legalized financial crime. There is clearly a need for a return of the Banks & Textor model, but with the added sophistication of distinguishing between negative factors of domestic production (excessive concentration of wealth, legalized mortgage clearinghouse, Wall Street derivative, and Federal Reserve fraud, prison factories and prisons, hospitals, and marginalized enterprises among others).
I would love to see a great university somewhere take on the magnificent challenge of recreating this great work, but modernized to include the Internet factor, measures of openness across all fronts (see my Gnomedex ketone, “Open Everything”) and so on.
This book is still priceless, it was the gold standard in its time, we need it now more than ever, but completely redone and modernized.
Why are we in such a financial mess today?Ā There are lots of proximate causes: over-leverage, global imbalances, bad financial technology that lead to widespread underestimation of risk.
But these are all symptoms. Until we isolate and tackle fundamental causes, we will fail to extirpate the disease.Ā ECONned is the first book to examine the unquestioned role of economists as policy-makers, and how they helped create an unmitigated economic disaster.
Here, Yves Smith looks at how economists in key policyĀ positions put doctrine before hard evidence, ignoring the deteriorating conditions and rising dangers that eventually led them, and us, off the cliff and into financial meltdown.Ā Intelligently written for the layman, Smith takes us on a terrifying investigation of the financial realm over the lastĀ twenty-five years of misrepresentations, naive interpretations of economic conditions, rationalizations of bad outcomes, and rejection of clear signs of growing instability.
In this book, “deregulation” is a four-letter word: a synonym for leaving the U.S. taxpayer, U.S. markets and the U.S. reputation wide open to greedy mindless homegrown plutocrats. In short, it is a synonym for leaving the nation vulnerable to conscienceless unpatriotic Wall Street thieves.
Here in easy to understand language, Robert Scheer has pealed back the layers that cover up the whole stinking mess that has become “stripped-down vulnerable deregulated America.” The method of robbery is basically a five-step political process: (1) “demagog” FDR and all existing regulations relentlessly as the enemy of free enterprise; (2) use paid lobbyist to help justify, tear-down and then rewrite new regulations; (3) use lobbyists' contributions to buy off the votes of key politicians in both parties to open up the laws for the impending thievery; (4) once legislation is passed, oversee the Wall Street financial casino with watchdogs that do not watch; and then (5) appoint members of the plutocracy who stand to gain the most, as facilitators and the palace guards of policy.
The present system of “high-level state sanctioned grand larceny” was designed and implemented, not by Ronald Reagan, or GW Bush, but by William Jefferson Clinton with the help of none other than the gang of four — Timothy Geitner, Robert Rubin, Alan Greenspan, and Lawrence Summers. However, the unsung hero of the grand heist, was Windy Lee Gramm, senator Phil Gramm's paramour and then wife, (who as a grad student was first his lover and then very quickly his wife). It was this “devious duo” that engineered the plans for the ultimate robbery of the American economic system.
Final Review: Boring, Limited, Not for General Audience
Cornerstone, Not the Whole Building
