December 2011 archive

Dec 17 2011

General Wesley Clark – 7 Countries in 5 Years

First the list which was first revealed to General Wesley Clark in 1991 by neo-con Paul Wolfowitz. The seven countries which were to be invaded and blessed with regime change were Iraq, Libya, Syria, Lebanon, Somalia, Sudan, and the big prize, Iran with its wealth of resources and potential market of over 70 million persons.

This same plan was revealed again to General Clark during a visit to the Pentagon ten days after 9-11, the event that presented the neo-cons, and no doubt others behind the scenes, with their Pearl Harbor, their justification to proceed with the plan, somewhat conveniently.

Video is below. In the last minute of the video General Clark said that it was necessary to elect democrats to keep this from happening. This was in 2006.

I wonder what he is thinking now.

http://www.youtube.com/v/iuVVm…

apologies – I cannot get the embed code for this video to display properly.

Current status: Iraq – done; Libya – done; Lebanon – fail (2006); Syria – underway (more details in the video below); Somalia – underway; Sudan – planning stages??

Back to Syria. Please watch the video below from Sibel Edmonds of the Boiling Frogs blog.

It appears that Syria is in line for the next “humanitarian intervention” or whatever the policy elite choose to call it, having been planned and with military preparations having been underway for more than one year across the border in Turkey.

As Sibel Edmonds says in the video linked below – unable to embed and display properly – the corporate media, for whatever reasons, choose not to report on it. As General Clark said in the above linked video “if they can keep us from knowing the truth they think they can win.”

Link to Sibel’s video: http://www.youtube.com/v/XNzSm…

with a description of preparations now underway in bordering Turkey.

Dec 17 2011

Random Japan

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MILESTONES

Railway fans flocked to Tokyo station to witness the initial runs of the new 300kph E5 Series Hayabusa bullet train. Someone even bid ¥385,000 for a ticket.

A young woman received a kidney from her brain-dead mom, the first case of a family member being prioritized since Japan revised its organ transplant law last year.

Peace-loving no more: lawmakers say they are rethinking Japan’s long-standing ban on the export of “weapons and related technologies.”

Takuya Kagata has taken sumo wrestling to the beaches of Japan as executive director of the Nippon Beach Sumo Association.

Fagiano Okayama defender Ryujiro Ueda scored what is thought to be a world-record 58.6-meter goal with a header during a J. League second division soccer match against Yokohama FC.

It’s official-Guinness World Records has declared the 634m-tall Tokyo Sky Tree the world’s tallest tower, supplanting the 600m Guangzhou Tower in China.

Dec 17 2011

Slow, Steady Calls For Investigating Foreclosure Fraud

Cross posted from The Stars Hollow Gazette

Some encouraging news in the on going call for an investigation into foreclosure fraud, Sen Maria Cantwell (D-WA) called for Attorney General Eric Holder to investigate the fraud before letting the bank off with a pitiful settlement $20 billion and a “get out of jail” card for criminal charges, She also demanded a full investigation into robo-signing scandal and ‘pump and dump’ mortgage bubble scheme:

I am concerned that recently reported settlement proposals will effectively absolve these financial institutions of substantial civil and criminal liability in one of the largest alleged fraud schemes during the financial crisis. Specifically, I am concerned that the proposed settlement includes a release from liability that may be far too sweeping, does not adequately compensate victims, does not require enough of banks to reform the system that led to the crisis in the first place, and is being made before all the facts are known and without the backing of a full inquiry into the size and scope of the alleged fraud.

…

Without a thorough investigation, it is impossible to truly estimate just how pervasive the defects in the foreclosure and securitization process are. Continued reports of wrongful foreclosures, forged documents, and an inability of servicers and banks to prove chain of title and the legal right to foreclosure, raises the very alarming possibility that these defects were endemic to the mortgage servicing industry across the country. The sheer magnitude of the potential fallout from these defects demands that we undertake a full investigation to uncover the true scope of wrongdoing before providing blanket immunity to the perpetrators.

I am also concerned that reports of a settlement in the range of $20 billion, as recently reported, may not adequately compensate the victims of the foreclosure crisis. As a result of the pump-and-dump scheme perpetrated by the nation’s largest banks that inflated – and burst – the housing bubble, an estimated 14 million Americans are underwater, owing $700 billion more on their homes than those homes are worth. A $20 billion settlement is woefully inadequate to compensate the wrongfully evicted or homeowners struggling to stay in their homes. Much more should be required of banks to provide meaningful help underwater homeowners and compensate foreclosure fraud victims.

And some good news for homeowners facing foreclosure in Florida:

WEST PALM BEACH – Home­owners in foreclosure may have a better chance of getting a true trial, instead of a quickie judgment, following a 4th District Court of Appeal decision that requires banks to prove ownership of the note at the time they file for repossession.

The ruling Wednesday in Palm Beach County was heralded by foreclosure defense attorneys who said it may even force banks to dismiss some cases and start over with new paperwork.[..]

Wednesday’s ruling was on the case of Robert McLean vs. JPMorgan Chase, and involved a 2009 Broward County foreclosure.

According to the decision, which reversed a lower court’s verdict in favor of the bank, Chase originally filed the foreclosure claiming the note – basically the IOU from the borrower – was “lost, stolen or destroyed.”

The claim has been made thousands of times as lenders rushed without the proper documentation to take back homes tangled up in the real estate boom’s securitization frenzy.

Although most notes are found before a final foreclosure judgment is entered, the 4th DCA said the note also must be correctly dated and endorsed to show ownership before the foreclosure was initially filed – something that Chase didn’t have, according to the ruling. The court also questioned a mortgage assignment made to Chase that was dated three days after the foreclosure was initially filed.

If there is substantial doubt about the note, the bank should dismiss and refile the case or the home­owner should be entitled to an evidentiary hearing instead of a more hasty “summary judgment,” the ruling said.

Dec 17 2011

Popular Culture (Music) 20111216: A Brief History of The Who

Hello, boys and girls!  Last week, until my ill advised outburst, we were finishing up 1968.  Actually, I think that some of their finest work was done then, but their commercial success was not as much as they would have liked, and Townshend in particular was in sort of a crisis of his ability to write and delivers songs that would chart well.

There were other things going on as well.  Please remember the it was Daltrey who invited Townshend to join HIS band, and by the end of 1968 is was pretty clear that Daltrey was not the “owner” of the band any more, Townshend was.  Daltrey had always been pugnacious, but he recognized that under the leadership of Townshend The Who was much more successful than The Detours ever would have been.

There were some other dynamics as well, as Kit Lambert began to spiral out of control with drink and narcotics, hard narcotics.  This was not full blown at the end of 1968, but the die had been cast and Townshend was well on his way to being the undisputed leader.

Dec 17 2011

This Week In The Dream Antilles:The Polar Express

   

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A gray December afternoon.  4:30 pm. Your Bloguero sits near the fire, and his eyes slowly close. The galaxy of bright dreams just under his eyelids begins to shimmer. He can hear his breathing deepen, his chest is rising and falling. Soon there will be bright lights, magical thinking. There will be dreams. Maybe it will be the Polar Express. But something’s wrong. He wonders what it could be. Something is not right. “Oh,” he thinks, “It’s Friday. You forgot the weekly digest, the one you’ve been writing for all these many months. This must be the one you don’t write.” This wakes your Bloguero up with a start. The dream journey is aborted. The Polar Express isn’t coming for him. Your Bloguero begins to ponder.

There ensues a debate. “Nobody reads it anyway, nobody cares, you see, virtually no one comments or recommends. It won’t even be missed. Let the dreams begin. Forget that post.”  This negative, critical, disparaging thought is of course opposed. Your Bloguero is adept at having contentious debates with himself. Especially if the choices are dreams or writing, his own sloth or productivity. “It’s not so hard, and it’s good to have a weeky practice, and who knows what you’ll write, it’ll be fun. And if you do it before Friday is over, you will have completed this task and will be able to pick it up again next week, when, hopefully you’ll feel more like writing.”  This chatter seesaws back and forth for a while. Yadda yadda yadda. Habla bla bla bla bla. It disrupts the incipient nap. Your Bloguero finds himself at the keyboard instead of the dreamy pullman. He just wants to check in, insert a place mark on Friday, December 16, 2011.

Chanukah is next week; Christmas, the week after. Solstice is next week; Kwanzaa, the week after. And Festivus is next week. ‘Tis the season. Your Bloguero dispenses with his usual remarks about the pernicious Festival of Capitalism and wishes each of you and your families and friends a very happy Holiday. May it be a day of comfort and joy. May you be happy and find delight.

Your Bloguero would be remiss if he didn’t repeat, given the season and its expected shopping behavior, that his new novella, Tulum, is now available, and you can should buy it at Barnes and Noble, Amazon and iUniverse.  This would make a perfect stocking or Kindle stuffer.  It would make a lovely gift. Your Bloguero thinks you would like to read it.  No stocking should be without one.  And lest he not admit it, it will profit your Bloguero.

This Week In The Dream Antilles is usually a weekly digest. Usually, it appears on Friday. Sometimes, like now and for several of the past weeks, it isn’t actually a digest of essays posted at The Dream Antilles. For the essays you have to visit The Dream Antilles

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cross-posted from The Dream Antilles

Dec 17 2011

A Voice for the Future

Ace Nelson already published some of this story.

Several people have recently tried to make sure that I noticed the Boston Globe article about Nicole Maines and her family, entitled Led by the child who simply knew.  Jonas and Wyatt Maines were born twin boys but, as Jonas is reported to have said early in their childhood:

Dad, you might as well face it.  You have a son and a daughter.

The twins are now 14 and Nicole is being treated by the relatively new Gender Management Service Clinic at Children’s Hospital Boston.  The GeMS Clinic was founded in 2007 by endocrinologist Norman Spack and urologist David Diamond.  It is the first pediatric academic program in the Western Hemisphere to evaluate and treat pubescent transkids.

Not everyone agrees with what GeMS does, of course.

Not everyone agrees that they should, of course, and Spack has heard the arguments: Man should not interfere with what God has wrought. Early adolescents are too young for such huge decisions, much less life-altering treatment.

Dec 16 2011

Today on The Stars Hollow Gazette

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This is an Open Thread

The Stars Hollow Gazette

Dec 16 2011

WWL Radio #134 Nick Medvecky Interview



Listen to Nick Medvecky live on WWL Radio Friday, December 16th at 6pm ET!



Listen live by clicking the link icon below:

Listen to The Wild Wild Left on internet talk radio

PhotobucketContinuing my ongoing series discussing the current Protests with Veterans of the 60’s movement, I am happy to bring a local Detroit man to the conversation.

Meet Nick Medvecky.

Nick will bring a whole new layer to the discussion – for he was himself framed and imprisoned on a false drug charge with a sentence of 25 years. His real crime, was messing with the wrong FBI informant. The real focus, years and years of COINTELPRO interest in him.  

Not only is his tale a cautionary tale for activists, with the degree he earned while under arrest, and his experience as a journalist and photographer, he now is using his voice to explain what our Prison Industrial System truly is.

His blog, American Tribune chronicles those experiences.

The call in number is 646-929-1264 to join the conversation!

Tip: In order to comment in the show’s companion chat, you must create a BTR account, its free and only takes seconds. Chat is monitored during the show, so make yourself heard.

Miss the show? The podcasts are available at the link above, or at the Wild Wild Left

Join Wild Wild Left Radio every Friday at 6pm ET, with Hostess and Producer Diane Gee to guide you through Current Events taken from a Wildly Left Prospective….  



WWL Radio: Bringing you controversial, cutting edge, revolutionary, “out there where the buses don’t run” LEFT perspective since January of 2009!


Dec 16 2011

We are all muggles

  I was reading about the latest, major scandal in the global financial world, when it suddenly occured to me that I’m a muggle.

 Who are the wizards? Why the major banks, of course.

Allow me to explain below.

Dec 16 2011

Because I Can Be a Sadistic Bastard, Too…

The corporate-owned media are all over the too-long-in-coming demise of right-wing extremist and liar Christopher Hitchens, whose cheerleading for the invasion and occupation of Iraq contributed nothing of value whatsoever to society.  And since we’re being forced to read and watch utter drivel instead of noting another reduction in the number of U.S. soldiers occupying Iraq (though we’re still maintaining the super-sized fortress embassy as well as thousands of mercenaries), I thought I’d kick you all while you’re down and embed the Star Wars Holiday Special.

Wail, and gnash your teeth.  Moohoohaha!

Dec 16 2011

What real justice looks like.

Crossposted from The Stars Hollow Gazette

I don’t know if you woke up as horribly depressed today as I did, but I spent a long time looking for a single nugget of good news; that someone, somewhere still believed in Justice and The Rule of Law.

JP Morgan Hit by Ripple Effects of Rakoff Decisions Nixing SEC No Admission Settlements

Yves Smith, Naked Capitalism

Wednesday, December 14, 2011

Alison Frankel at Reuters highlights a new New York appellate court decision where JP Morgan is being hoist on the Rakoff petard. Bear Stearns, which is now owned by JP Morgan, entered into a $250 million settlement in 2006 over allegations that it cheated customers by engaging in impermissible market timing. The agreement contained standard SEC “without admitting wrongdoing or denying” language. The payment broke down into $160 million of disgorgement and $90 million of penalties.

What may surprise many readers is that the $160 million disgorgment was covered by insurance, or at least JP Morgan thought it was.

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The insurers said no dice, and JP Morgan took them to court to try to force them to pay. The lower court decided in favor of JP Morgan, but the appeals court reversed.

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Putting on a public policy, rather than a legal hat, insurance that has the effect of letting companies and boards buy their way out of the economic consequences of bad conduct is a terrible idea. Even though it is widely accepted that no one would become a director of a public company ex directors and officers insurance, the consequences are detrimental. Why should, for instance, the directors of Lehman not be sued into penury? If we didn’t have D&O insurance, companies would have to pay directors a prince’s ransom to do the job, and a director would have to work really really hard at oversight. That would mean he could probably only sit on one board (ending the board as high level social club phenomenon, another plus) and would do a vastly better job. You’d also see an end to directors who serve as mere decoration (nice enough people, say college presidents or heads of heavyweight not for profits) but add bupkis in terms of monitoring management.

Now I’ll admit we have not seen all the implications of the Rakoff decision, but this first one seems entirely salutary. I suspect on balance, the effect will be to give companies fewer “get out of jail free” cards, which is something that everyone but the SEC and public company executive should welcome.

Dec 16 2011

Cartnoon

Gift Wrapped

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