How Obama Pushed Hagel Out of the Pentagon
"The White House has really wanted to minimize the influence of the Pentagon on policy," said Rosa Brooks, who was counselor to then-Undersecretary of Defense for Policy Michele Flournoy during Obama's first term.
Like his immediate predecessors at the Pentagon, Robert Gates and Leon Panetta, Hagel chafed at the way a small cadre of Obama loyalists centralized power in the White House. When Obama backed off a threat to bomb Syria last year, he made the decision on a walk with his chief of staff, Denis McDonough. Hagel was informed of the decision later.
Tension between Hagel and White House aides got so bad, the defense official said, that Hagel would often phone Obama after the meetings to make sure his voice was heard. ... Read more
Wall Street Pension-Raiders Scored Big Wins in 2014 Midterms
Last fall, journalists David Sirota and Matt Taibbi dug into a well-funded Wall Street campaign to loot public pension funds. A number of states had, or were in the process of turning billions of dollars in public employees' retirement funds over to various financial firms that in turn skimmed exorbitant fees off the top. ... Read more
Looting the Pension Funds
In the final months of 2011, almost two years before the city of Detroit would shock America by declaring bankruptcy in the face of what it claimed were insurmountable pension costs, the state of Rhode Island took bold action to avert what it called its own looming pension crisis. Led by its newly elected treasurer, Gina Raimondo -- an ostentatiously ambitious 42-year-old Rhodes scholar and former venture capitalist -- the state declared war on public pensions, ramming through an ingenious new law slashing benefits of state employees with a speed and ferocity seldom before seen by any local government.
Called the Rhode Island Retirement Security Act of 2011, her plan would later be hailed as the most comprehensive pension reform ever implemented. The rap was so convincing at first that the overwhelmed local burghers of her little petri-dish state didn't even know how to react. "She's Yale, Harvard, Oxford -- she worked on Wall Street," says Paul Doughty, the current president of the Providence firefighters union. "Nobody wanted to be the first to raise his hand and admit he didn't know what the fuck she was talking about." ... Read more
WALL STREET IS TAKING OVER AMERICA'S PENSION PLANS
Coverage of the midterm elections has, understandably, focused on the shift in political power from Democrats toward Republicans. But behind the scenes, another major story has been playing out. Wall Street spent upwards of $300M to influence the election results. And a key part of its agenda has been a plan to move more and more of the $3 trillion dollars in unguarded government pension funds into privately managed, high-fee investments -- a shift that may well constitute the biggest financial story of our generation that you've never heard of. .... Read more
Here Comes France: Right-Wing Leader Marine Le Pen Demands Central Bank Repatriate French Gold
First Germany, then the Netherlands, perhaps Switzerland this weekend, and now the French right-wing Front National, which shockingly came first in May's European parliament elections, and whose leader Marine Le Pen is currently polling in first place in a hypothetical presidential election (in both a first and run off round), ahead of president Hollande, has sent a letter to the governor of the French Central Bank, the Banque de France, demanding that France join the list of nations which have repatriated, or at least tried to, their gold. ... Read more
Apple Market Cap Tops $700 Billion, Netflix Goes Red In 2014
Apple tops $700 billion market cap and is up over 50% year-to-date...
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Tar Sands - Click to zoom
Tar Sands is a messy job
A Thanksgiving Snowstorm Could Make America's Busiest Travel Day A Living Hell
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DemocracyNow - http://www.democracynow.org/Democracy Now! U.S. and World News Headlines for Tuesday, November 25 [10:36] DN | Black Lives Matter: Ferguson Erupts After Grand Jury Clears Officer in Michael Brown Killing (11/25/14) [20:02]
DN | Riot as the Language of the Unheard: Ferguson Protests Set to Continue In Fight For Racial Justice (11/25/14) [15:14]
*Matt Taibbi on How Wall Street Hedge Funds Are Looting the Pension Funds of Public Workers (older) [7:04]
TRNN News - http://therealnews.com/TRNN | IPS fellow Phyllis Bennis and Just Foreign Policy's Robert Naiman discuss Hagel's actions on Afghanistan, ISIS, and the Pentagon budget (11/25/14) [13:05]
TYT News - http://www.tytnetwork.com/TYT | 12-Year-Old With BB Gun Killed By Police On Playground (11/24/14) [8:40]
TYT | Pentagon Boss Chuck Hagel Fired - Why And What Now? (11/24/14) [12:14]
TYT | Forget Ferguson, Blacks Are The Real Threat To Blacks, Says Giuliani (11/24/14) [10:54]
TYT | Conspiracy-Debunking Benghazi Report Whips Lindsey Graham Into A Tizzy (11/24/14) [8:31]
Thom Hartmann*Thom Hartmann | EXPOSED: 90 Pipeline Spills in 4 Months... (11/24/14) [9:11]
*Keystone PipeLIES Exposed from Center for Media and Democracy (05/24/14) [23:07]
Ring of FireRing of Fire (11/23/14) [57:00]
Chuck Hagel Stepping Down As Secretary Of Defense
President Barack Obama says Defense Secretary Chuck Hagel has concluded it's an "appropriate time" for him to complete his service. Obama says Hagel will stay in place at the Pentagon until a successor is confirmed.
Hagel has had a rocky tenure of nearly two years in which he's struggled to break through the White House's insular foreign policy team. He stepped down under pressure amid multiple foreign policy crises, including the rise of the Islamic State group. ... Read moreArresting Portraits Give Voices To Homeless People In America's Poorest Big City by Robbie Couch (11/24/14) (photos)
Behind 700% Loans, Profits Flow Through Red Rock to Wall Street
Joshua Wrenn needed money to make the January payment for his Jeep Cherokee. The truck driver and aspiring country singer in Madison, North Carolina, got $800 within minutes from a website he found on his phone. When he called to check his balance a few weeks later, he was told he had electronically signed a contract to pay back $3,920 to a company owned by an American Indian tribe.
"I didn't ever see a contract, not one time," said Wrenn, 30. "If I was that stupid, to sign for $3,000 for an $800 loan, I might as well bury myself alive."
Payday loans like Wrenn's -- costly, short-term advances for those with poor credit -- are illegal in North Carolina and about a dozen other states. That's driving online lenders to Indian reservations, where tribes say they're not subject to interest-rate regulations.
American Web Loan, Wrenn's payday lender, is one of the biggest in the U.S. Its offices are in four double-wide trailers, behind the Otoe-Missouria tribe's 7 Clans Paradise Casino in Red Rock, Oklahoma, off a two-lane highway lined with wheat fields. John Shotton, chairman of the Otoe-Missouria, says his impoverished tribe needs the profits to fund affordable housing and after-school programs. ... Read more
Here Are The Most Popular "Hedge Fund" Stocks in The Third Quarter
7 Leading Candidates for Corporate Rip-Off of the Year
There are so many to choose from. Every one of these selections is an act of corporate treachery that takes billions of dollars from the American people.
DemocracyNow - http://www.democracynow.org/Democracy Now! U.S. and World News Headlines for Monday, November 24 [16:15] DN | After Vowing to End Combat Mission in Afghanistan, Obama Secretly Extends America's Longest War (11/24/14) [22:59]
DN | No Debate: Antiwar Voices Absent from Corporate TV News Ahead of U.S. Attacks on Iraq & Syria () [5:20]
TRNN News - http://therealnews.com/TRNN | Who Is In Charge of Development: The Elite or the Majorities? (11/24/14) [11:54]
Homeless Man Records His Daily Life (11/16/14) [7:05]
TYT News - http://www.tytnetwork.com/TYT | Our F*cked Up Medical System May Leave This Family Bankrupt (11/23/14) [6:25]
TYT | NYC Penthouses Include Big Juicy Tax Breaks & Systemic Corruption (11/23/14) [8:59]
TYT | GOP To Blame Obama For The Government Shutdown They're Planning (11/23/14) [4:36]
TYT | Crazy Muslim Theory From The Biggest Presidential Palace Ever (11/23/14) [4:58]
Thom HartmannThom Hartmann | Nomi Prinz: Banksters are Rigging the "Stock" System with HFT (04/08/14) [10:37]
TestTube (Discovery Digital Network)How Powerful Is China? (09/04/14) [4:09]
Why are Russia and Ukraine Fighting? (09/03/14) [4:05]
Nomi PrinzAll the Presidents' Bankers by Nomi Prins (07/14/14) [1:04:14]
The longstanding relationship between Wall Street and the White House has often been described as a "revolving door," with both camps benefiting from the connection. All the Presidents' Bankers: The Hidden Alliances that Drive American Power offers an inside look at the political and economic web spun between these two giants. Journalist Nomi Prins traces the history of this partnership, from the creation of the Federal Reserve in 1907 to bankers' influence on politics after the financial crisis of 2008. A former Wall Street executive, Prins unravels the Ivy League schools, fishing trips, marriages, and job offers that thicken these ties each year. By recycling power and keeping it "in the family," Wall Street and the White House have become mutually beneficial entities, working together to shape national -- and international -- politics. According to Prins, these ties have had devastating consequences and the time has come to break them before it's too late.Massive Fraud of The Financial Class with Nomi Prins () [1:19:06]
Interview with Nomi Prins; Sociopathic Banksters are Running the World () [49:08]
Nomi Prins-Financial Crash-Collapse Coming, It Should Have Happened () [19:41]
Webster TarpleyWebster Tarpley on the 46 Drills of 9/11 (03/07/12) [58:36]
9/11 Synthetic Terror - Made in USA () [1:05:47]
Webster Tarpley 2013 "Manufactured Terrorism" () [1:08:54]
Webster Tarpley 9/11-Evidence () [1:06:12]
The Dark WebBBC | Inside The Dark Web () [1:00:26]
TWC: The Dark Web Rises: A Journey through the Looking Glass! () [1:16:25]
Anonymous - The Internet's Own Boy - The Story of Aaron Swartz () [1:45:00]
The Virtual Interview: Edward Snowden - The New Yorker () [1:08:04]
Identifying 9/11 VictimsA Pattern of Evidence Destruction, Evidence Suppression, and Cover-up by Authorities and 9/11 Commission (article)
PBS Newshour | author | 09/21/01
SUSAN DENTZER: Father of two, and a civilian Army employee, Ted Moy worked at the Pentagon. When his wife did not hear from him after last week's terrorist attack, she called various Pentagon phone numbers he'd given her to track him down.
MADELINE MOY: He's been moved around just, you know, different parts of Pentagon. I said, "Okay, I'll give him a few more hours," you know, and then I start to cry.
SUSAN DENTZER: By the time Madeline Moy and other family members were taken by bus several days later to see the crash site, they knew Ted wasn't coming back. ...
... SUSAN DENTZER: 52 of the 117 remains removed from the Pentagon have now been identified. Out of the more than 6,300 missing in New York those identified and whose families have also been notified now number 135.
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Pentagon Body Parts/debris (01/31/13) (article)
How is it possible that the Pentagon's highly touted missile detections systems could not locate Flight 77 in the 42 minutes it was known to be lost before it crashed into the heart of the defense system of the U.S.? The missile detection systems did not depend on FAA radar and were programmed to pick up any unaccounted for objects and raise alarms immediately, as mentioned on the CBO website.
Here's another related question. Why was the Pentagon's billion-dollar missile defense system such a hot topic in the media before 9/11, yet we've heard almost nothing about it since? Could it be that there are elements in the government and military who don't want people to think about questions like those asked here? And an even bigger question is why isn't our media asking these questions and more?
Why is it that the 9/11 Commission budget was far less than the budget allotted to the Challenger space shuttle disaster or even the Monica Lewinsky affair? The 9/11 commission was originally allotted only $3 million. Eventually, after much begging and haggling, the commission was given $15 million. Yet a CNN article lists the cost of the Lewinsky investigation at $30 million. A Los Angeles Times article states the cost of the Columbia space shuttle disaster investigation was $175 million.
How could 9/11 -- the greatest disaster in American history -- be given such a small budget for investigation? Why didn't the Pentagon aggressively investigate the greatest failure ever in U.S. defenses? And why did both the president (see CNN article) and vice-president (see Newsweek article) initially oppose any investigation at all?
History Leading Up to 9/11The Secret History of 9/11 () [1:30:15]
Pilots for 9/11 TruthPandora's Black Box - Chapter Two - Flight Of American 77 () [50:56]
9/11: ATTACK ON THE PENTAGON () [50:56]
9/11: Skygate 911 () [39:50]
9/11: Simulations NEW RELEASE (2014) [46:22]
Falling Man (9/11)9/11 - The Falling Man () [1:11:26]
More 9/11 DocumentariesABC | Report from Ground Zero, Part 1 () [26:51], Part 2 [26:00], Part 3 [26:00], Part 4 [26:00]
HC | Relics from the Rubble (9/11) (2002) [51:27]
Pentagon 9/11 footage - rare clips() [8:38]
Thought Provoking | Should we ignore new 911 details () [10:39]
FAKE | 9/11 Pentagon HIT BY US CRUISE MISSILE () [3:37]
FAKE | LEAKED 9/11 ANNIVERSARY PENTAGON CRUISE MISSILE FOOTAGE WITH ANALYSIS () [6:19]
Webster TarpleyWebster Tarpley on the 46 Drills of 9/11 (03/07/12) [58:36]
United States owes a lot of money, with its debt equal to the size of the economy as of 2012. See the Statue of Liberty & WTC being dwarfed by the debt.
Five Banks Account For 96% Of The $250 Trillion In Outstanding US Derivative Exposure; Is Morgan Stanley Sitting On An FX Derivative Time Bomb?
Zero Hedge | Author | 09/24/11
The latest quarterly report from the Office Of the Currency Comptroller is out and as usual it presents in a crisp, clear and very much glaring format the fact that the top 4 banks in the US now account for a massively disproportionate amount of the derivative risk in the financial system. Specifically, of the $250 trillion in gross notional amount of derivative contracts outstanding (consisting of Interest Rate, FX, Equity Contracts, Commodity and CDS) among the Top 25 commercial banks (a number that swells to $333 trillion when looking at the Top 25 Bank Holding Companies), a mere 5 banks (and really 4) account for 95.9% of all derivative exposure (HSBC replaced Wells as the Top 5th bank, which at $3.9 trillion in derivative exposure is a distant place from #4 Goldman with $47.7 trillion). The top 4 banks: JPM with $78.1 trillion in exposure, Citi with $56 trillion, Bank of America with $53 trillion and Goldman with $48 trillion, account for 94.4% of total exposure. As historically has been the case, the bulk of consolidated exposure is in Interest Rate swaps ($204.6 trillion), followed by FX ($26.5TR), CDS ($15.2 trillion), and Equity and Commodity with $1.6 and $1.4 trillion, respectively. Read more