False Flag Operations
My favorite topic since 9/11 is the financial crisis. Some outstanding issues that I’ve yet to see credibly addressed by U.S. leaders are the following:
- Why did none of the financial institutions that allegedly needed (and actually received) TARP funds beginning in the Fall of 2008 not warn their shareholders of their precarious financial positions in prior public filings (e.g., Forms 10-K / 10-Q)?
- If senior management and the boards of directors of these financial institutions were genuinely caught short and did not possess actual knowledge of the precarious financial positions of the financial institutions under their stewardship, did they possess constructive knowledge (i.e., they could have and should have known of the precarious financial condition)?
- If they neither could have nor should known about the precariousness of the financial conditions of the financial institutions under their stewardship, how relevant and reliable were the accounting information systems of these financial institutions?
- If the precariousness of the financial conditions was neither forecast nor capable of forecast (e.g., the perfect storm), why did some entities (e.g., hedge funds) take significant positions (e.g., credit default swap protection from loss of value of Lehman Bros. debt) from which they benefited enormously after the public dissemination of the precariousness of the financial positions of the financial institutions was exploited by politicians (e.g., U.S. Congress), administrators (e.g., U.S. Treasury Secretary), and regulators (e.g., Federal Reserve Bank of NY) to bail-out financial institutions’ creditors?
- If the financial institutions and the ultimate beneficiaries of the bail-outs (e.g., financial institutions’ creditors) were indeed ‘too big to fail,’ why haven’t the individuals responsible for creating the bail-outs acted forthwith to correct such bigness and systemic risk?
- If the financial institutions (and their creditors) have largely recovered as a result of the bail-outs, why hasn’t the U.S. economy created more jobs?
- If the financial institutions’ responsibility is neither job creation in the U.S. nor development of projects promoting the general welfare of the U.S., why were they so important that they had to be rescued by U.S. taxpayers?
The U.S. taxpayers will support a bipartisan group (i.e., the so-called Angelides Commission) to investigate the financial crisis. Some hope for a Pecora Commission redux. What are the odds that it will more closely resemble a 9/11 Commission redux?
Filed in Meditations 5 Comments so far
David M. Shapiro
Dick McManus on 07 Nov 2009 at 3:31 pm #
SOME UNKNOWN HISTORY OF THE U.S.
http://groups.yahoo.com/group/SomeUnknownUSHistory/
670+ Engineers and Architects
Vice President Walter Mondale
Senator Charles Schumer
Senator Kirsten Gillibrand, JD
US. Senator Max Cleland
Former US Senator Mike Gravel – AK
Gen. Wesley Clark
Louis Freeh
Rep. Curt Weldon
Major General Albert Stubblebine
Richard Falk, a United Nations investigator of human rights
http://www.patriotsquestion911.com/
Prosecute AWOL Bush and those torturers
http://groups.yahoo.com/group/ProsecuteAWOLbush/
Joining the ROE caucuses
We have started a Running on Empty (ROE) caucus of Washington State Democrats . We have also started a national and Earth/UN ROE caucus. The goal of this caucus is to bring more emphasis by our Party to the coming end of cheap oil and natural gas which will result in an extreme disaster.
To become a member of our caucus we require some more information from you. If you agree or basically agree with the following statements and you are a Democrat, then we will accept you into our caucus.
Note we don’t get into HOW the population should be reduced. I think that is a question for civil society.
1. There are no sustainable energy sources that will rescue us at our current population levels.
2. Population reduction must be a part of any plan to rationally deal with peak oil (the end of cheap oil, natural gas, and coal), global climate change, biological/species decline, and natural resource depletion.
3. Global climate change will only be mitigated with extremely stringent emissions policies that reduce consumption rates and this must be done before fossil fuels are depleted.
4. Our government and/or political system have no chance whatsoever to react soon enough to help us.
Books about Problem(s)
Richard Heinberg The Party’s Over
Richard Heinberg Power down
James Kunstler The Long Emergency
Thom Hartmann Unequal Protection
David Korten Agenda for a New Economy
http://groups.yahoo.com/group/RunningOnEmptyDemocratCaucusWA/
http://groups.yahoo.com/group/ROEearthUN/
http://groups.yahoo.com/group/RunningOnEmptyCaucusDemocratsUSA
jeanruss on 07 Nov 2009 at 5:30 pm #
I feel you are mistaken about population and energy issues. Walter Russell, a 20th century American genius, provided solutions to these global problems early in the 20th century. He submitted a new science that would solve energy and water issues on our planet. His work can be accessed at http://www.philosophy.org. His work was not permitted to be utilized because of strong oil interests that have held us captive for far too long. He stated that we should already have entered the hydrogen age. His new periodic table assured the end of money based on commodities as we know it. We have the answers, it is the implementation that is stalled.
David M. Shapiro on 07 Nov 2009 at 9:58 pm #
Thank you for the comments regarding politics, energy, etc. Who knows what the future holds, however a clear trend seems to be the expansion of media of exchange beyond money, including swaps of contracts. It is not money that is essential; it is the right to an item of value (e.g., commodities, services, forbearance).
It is difficult to imagine a world not dominated by oil politics as this is the water of our present fishbowl. However, failure of human imagination does not imply a constraint on unfolding reality; it may only fail to recognize it. Moreover, the oppression of politics over science, for example, is neither interminable nor inevitable (e.g., Galileo).
Seer on 09 Nov 2009 at 4:19 pm #
In response to the above post by “jeanruss”:
Could the earth support 500 trillion people?
The argument that a finite planet can sustain an infinite population is absurd. It’s in the same league of absurdity of “housing prices will always go up.”
Are there folks conspiring to profit out of various activities, to the point of suppressing alternate “solutions*”? Of course! But, such “solutions” would be fractional at best!
* Anyone claiming to have any “solution” is apparently failing to understand the dynamics of time and space. We’re living in an ever changing environment. There can be no final “solution” to anything! Everything that we do is but an adjustment in time.
How will any “solution” hold up to the next glacial period (which is guaranteed that the earth WILL cycle in to, as it has so in the past- it’s the planet’s way of cycling minerals to the surface in order to allow biomass growth [carbon sinking]- a “game reset”). Yeah, good luck with stopping these forces!
Carol on 11 Nov 2009 at 2:35 pm #
Being of sound but simple mind, I would like to know why we even ask? I regret if I sound like I may know more. At my bachelor of science level, I remain humbly a lesser story brain. I am not rich either. But I did manage to remove half my money from stocks in December 2007, and the rest in April-May 2008. I paid no financial analyst, but listened to the economist guests on Democracy Now!. I did fret some, but they made sense.
Then I watched the campaign. It seemed to be required viewing. I had decades before read “Women Who Loved Too Much” about the phenomenon where women project Prince Valiant onto their not so honorable husbands or lovers. And I saw that he actually WAS getting much money from Goldman Sachs. A flag is a flag. Wishful thinking is a trap.
Then I saw the foxes go into the White House, while citizens walked around still in the glow.
It occurred to my simple mind that if we were needed to consume like they were telling us we needed to keep the economy going, they would have given us a boost of confidence right inside our homes. They could have sacrificed one sector, the health insurance industry. We would have been fetching for them forever if they had just given us real health care reform. So I have to think that they don’t really care if we consume like we used to. Something else is happening.
They are not done fleecing us. But do they really want us one bankruptcy at a time?
Then I remembered back to when I was a teenager with a summer job in Baltimore County, Maryland. There was a legal scam there. One tenth of the land owners, mostly farmers with not much education, were sent a letter telling them that their land had been reassessed for taxes. The increase was wild. They could tear off the bottom of the letter and mail it in if they wanted a hearing to challenge it. They would and they would come for the hearing with no counsel and often in their overalls. And leave stunned. They lost. Their land was taken. The developers moved in at ridiculous land prices.
Shock and Awe. Individual bankruptcy is shock and awe. Standing together is discouraged at all turns. I could count the ways but this is getting long and you can count them too.
We are being fleeced into serfdom and early death.