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McClatchy Busts Goldman on Double Dealing
Today, McClatchy Newspapers added the how to the what Goldman did in its investment banking business. Right after the 2008 election, Pro Publica broke a story about Goldman urging key clients to dump California bonds after Goldman had a big pay day from the state to sell the bonds in the first place:
"Goldman, Sachs & Co. urged some of its big clients to place investment bets against California bonds this year despite having collected millions of dollars in fees to help the state sell some of those same bonds." Pro Publica, Nov. 11, 2008
The McClatchy Newspapers story shows the same pattern of self serving, double dealing. Goldman sold packages of high risk loans as though they were premium securities. This coincided with Goldman's assessment that the subprime securities market was a loser. That's the type of double dealing that gets you in serious trouble. The article quoted below has it all - the story of the deceptive sales, a chart of the revolving door for Goldman and the fedeal government, and some very good writing.
Greg Gordon was the senior reporter for McClatchy's excellent investigative series on the Bush Department of Justice scandals. He is an outstanding investigator, thorough, and persistent. McClatchy is well worth watching on this story. Michael Collins
How Goldman Secretly Bet on the U.S. Housing Crash
By Greg Gordon|McClatchy Newspapers
Nov. 1, 2009
WASHINGTON — In 2006 and 2007, Goldman Sachs Group peddled more than $40 billion in securities backed by at least 200,000 risky home mortgages, but never told the buyers it was secretly betting that a sharp drop in U.S. housing prices would send the value of those securities plummeting.
Whitewashing war crimes with stale lies
By Khalid Amayreh
"I fear very much that the Jews are like all underdogs. When they get on the top they are just as intolerant and cruel as the people were to them when they were underneath. I regret this situation very much because my sympathy has always been on their side.” - Harry Truman
Many Zionist Jews are angry and frustrated these days following the ample attention given to the Goldstone report around the world.
This is why huge amounts of classical Zionist lies about the Nazi-like winter onslaught against the Gaza Strip are being pumped through the internet.
After all I am a Proper Zionist Jew
by Gilad Atzmon
I am a Holocaust survivor
Yes, I am a survivor, for I have managed to survive all the scary accounts of the Holocaust: the one about the soap (1), the one about the lamp shades, the one about the camps, the mass shooting, the one about the gas (2) and the one about the death march (3). I just managed to survive them all.
In spite of all these fear inflicting stories, that were purposely installed in my soul since I opened my eyes for the first time, I have become a functional and even a successful human being. I somehow survived the horror against all odds. I even manage to love my neighbour. In spite of all these fearful, traumatic indoctrination I miraculously managed to master my cheering alto saxophone rather than the sobbing violin.
'LIBERATION' LIE - Afghan women, truth on the ground
Excerpting, minor editing by Carolyn Bennett
Afghan women reveal censored view of occupations, false liberations, tell U.S. and allies to get out of their country.
The people of the world should know that though the disgusting, ludicrous and oppressive rule of Taliban was over in our ill-fated Afghanistan, this never means the end of the horrible miseries of our tortured women. Because contrary to the aspirations of our people and expectations of the world community, the Northern Alliance, these brethren-in-creed of the Taliban and Al-Qaida are again in power and generously supported by the U.S. government.... Afghan people will never forgive them for the crimes they committed along with the so-called older generation of the Alliance (i.e. Dostum, Khalili, Sayyaf, Rabbani, Gulbuddin, and others) while in power from 1992 to 1996. In Kabul alone, during these bloody years, 65,000 were killed. -"On the Situation of Afghan Women," http://www.rawa.org/wom-view.htm
Very Important Health Alert: The other side of the story about the untested H1N1 Flu innoculation and the Swine Flu Pandemic Scam
Gary G. Kohls
Friends, please watch this important video (see link below) and also read Joseph Mercola's commentary before you roll up your sleeve for the essentially untested, mercury-contaminated (with some exceptions) Swine Flu innoculant which has been so heavily marketed (no alternative voices allowed - methinks they protesteth too much!).
This Mercola.com video is essential viewing that should give every thinking person pause about this so-called pandemic that has already petered out to non-existence in the Southern Hemisphere before the vaccine became available! (sorry Merck, et al). Procrastination occasionally pays off, as I often say.
Waging War Upon Ourselves
By: Peter Chamberlin
It is easy to see why Pakistan has been chosen as the battleground of the century, but it is a real shame to us all that we have allowed our governments so much unsupervised freedom of action that they could get away with the things you are about to read about in the following article. It is a difficult story to tell, since an accurate narrative requires the merging of multiple streams of information into one. The story of the war in Wana is a tale of strange religions, secret alliances and governments that wage war upon themselves.
It would be nice to believe our governments, that they were actually doing their utmost to defend our lives and our freedom in Afghanistan and Pakistan, that they were really marshalling all of our forces and our most advanced military technology to defeat an army of rabid terrorists who were out to destroy us…but that in no way resembles the situation that we have created there on the ground. The “war on terror” is a great psycho-drama, staged to convince us that the world is out to get us and we must accept living in a state of permanent war.
The Pakistan Decapitation Papers
Zahir Ebrahim
Who in Pakistan has not heard of the famous fable of King Solomon the wise. When presented with two women feuding over a baby, each claiming to be the real mother, the king drew his mighty sword to cut the baby in half to give to each quarrelsome woman. One of them, the real mother, cried out: “It's hers, it's hers, please give the entire beautiful baby to her, she is the real mother; I don't want half of the dead!”
Alas, on the face of it, not one among the rulers of Pakistan is the real mother of the Pakistani peoples.
The universality of war propaganda
Glenn Greenwald
A soldier with the Russian army in Afghanistan recounts what they believed about their mission.
I'm traveling still today, but I wanted to note an amazing Op-Ed that was referenced in a book I'm reading: the Op-Ed is by Nikolai Lanine, published in The Toronto Globe and Mail in November, 2006. Lanine was drafted into the Russian Army at the age of 18 and spent several years as part of the Russian occupying force in Afghanistan. Thereafter, he moved to Canada, and in 2006, his wife's first cousin, a medic in the Canadian Army, was killed in Afghanistan. Lanine wrote this column after attending his funeral, and recounted what he and his comrades in the Russian Army believed they were doing in Afghanistan:
I identified with the Canadian soldiers at the funeral mourning the loss of their friend. Like them, I went to Afghanistan believing in "fighting terrorism" and "liberating Afghans." During my first mission, we were protecting refugees escaping an area that was under attack by the mujahedeen. I was deeply affected by their misery, and by the poverty and suffering of the Afghan people in general. In my mind, our presence was "helping Afghans," particularly with educating women and children. My combat unit participated in "humanitarian aid" - accompanying doctors and delivering food, fuel, clothing, school and other supplies to Afghan villages.
It was only later that I began to wonder: Did that aid justify our aggression?
An Imperial Strategy for a New World Order: The Origins of World War III Part 1
Andrew Gavin Marshall
Introduction
In the face of total global economic collapse, the prospects of a massive international war are increasing. Historically, periods of imperial decline and economic crisis are marked by increased international violence and war. The decline of the great European empires was marked by World War I and World War II, with the Great Depression taking place in the intermediary period.
Currently, the world is witnessing the decline of the American empire, itself a product born out of World War II. As the post-war imperial hegemon, America ran the international monetary system and reigned as champion and arbitrator of the global political economy.
To manage the global political economy, the US has created the single largest and most powerful military force in world history. Constant control over the global economy requires constant military presence and action.
Now that both the American empire and global political economy are in decline and collapse, the prospect of a violent end to the American imperial age is drastically increasing.
Larouche On Russia-China Cooperation 'A Potential Stepping Stone To a Four-Power Agreement'
by Rachel Douglas
A large package of bilateral agreements was signed on Oct. 13, during Russian Prime Minister Vladimir Putin's official visit to China, most of them covering key areas of economic cooperation. In discussions with associates yesterday, Lyndon LaRouche termed the agreements "very significant," and a "smart move" on the part of both the Chinese and the Russians, in the setting of the global systemic economic crisis.
"What happened is that Russia and China, with Putin being key in this thing, with [President Dmitri] Medvedev agreeing," said LaRouche, "is that they have agreed on long-term development contracts, which would be bi-national in certain projects within eastern Russia. So, that's quite an interesting development."
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