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July 23, 2010

Instead of Stampeding to Agree With Paulson’s Bailout-Would It Be Smarter To Follow THIS Plan by a Candidate? ?

Filed under: Politics — admin @ 2:06 am
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Richard V asked:

…For President:

1. Congress should hold a series of hearings and invite broad public comment on any proposed bailout. Congress is supposed to be a co-equal branch of our federal government. It needs to stop the stampede to give Bush a $700 billion check. Public hearings should be held to determine what alternatives might exist to the four-page proposal advanced by Treasury Secretary Henry M. Paulson.

2. Whatever is ultimately done, the bailout plan should not be insulated from judicial review. Remember there is a third co-equal branch of government – the judiciary. The judiciary does not need to review each buy-and-sell decision by the Treasury Department, but there should be some boundaries established to the Treasury Department’s discretion, and judicial review is needed to ensure that unbridled discretion is not abused.

3. Sunlight is a good disinfectant. The bailout that is ultimately approved must provide for full and timely disclosure of all bailout details. This will discourage conflicts of interest and limit the potential of sweetheart deals.

4. Firms that accept government bailout monies must agree to disclose their transactions and be more honest in their accounting. They should agree to end off-the-books accounting maneuvers, for example.

5. Taxpayers must be protected by having a stake in any recovery. The bailout plan should provide opportunities for taxpayers to recoup funds that are made available to problem financial institutions or to benefit from the financial institutions’ rising stock price and increased profitability after being bailed out.

6. The current so-called “regulators” cannot be trusted. The U.S. Government Accountability Office (GAO), “the investigative arm of Congress” and “the congressional watchdog,” must regularly review the bailout. We cannot trust the financial “regulators,” who allowed the slide into financial disaster, to manage the bailout without outside monitoring.

7. It is time to put the federal cop back on the financial services beat. Strong financial regulations and independent regulators are necessary to rebuild trust in our financial institutions and to prevent further squandering of our tax dollars. The Justice Department and the SEC also need to scrutinize the expanding mess with an eye to uncovering corporate crime and misdeeds. Major news outlets are reporting that the FBI is investigating American International Group, Fannie Mae, Freddie Mac, and Lehman Brothers.

8. Cap executive compensation and stop giving the Wall Street gamblers golden parachutes. The CEOs who have created the financial disaster should not be allowed to leave with millions in hand when so many pensioners and small shareholders are seeing their investments evaporate. The taxpayers are bailing out Wall Street so that the financial system continues to function, not to further enrich the CEOs and executives who created this mess.

9. Congress should pass the Financial Consumers’ Information and Representation Act, to permit citizens to form a federally-chartered nonprofit membership organization to strengthen consumer representation in government proceedings that concern the financial services industry. As the savings and loan disasters of the 1980s and the Wall Street debacles of the last few years have demonstrated, there is an overriding need for consumers and taxpayers to have the organized means to enhance their influence on financial issues.

10. The repeal of the Glass-Steagall Act, separating traditional banks from investment banks, helped pave the way for the current disaster. It is time to re-regulate the financial sector. The current crisis is also leading to even further conglomeration and concentration in the financial sector. We must revive and apply antitrust principles, so that banking consumers can benefit from competition and taxpayers are less vulnerable to too-big-to-fail institutions, merging with each other to further concentration.

11. Congress should impose a securities and derivatives speculation tax. A tax on financial trading would slow down the churning of stocks and financial instruments, and could raise substantial monies to pay for the bailout.

12. Regulators should impose greater margin requirements, making speculators use more of their own money and diminishing reckless casino capitalism.
The proposal was made by Ralph Nader, who like Green Party Candidate Cynthia McKinney and Libertarian Candidate Bob Barr are not allowed to debate by the Corporate-funded GOP/Democrat managed Commission on Presidential Debates. Only the two Wall Street Parties are allowed & with McCain suspending his campaign maybe it will be an evening with Obama?

http://www.commondreams.org/view/2008/09/25-1

What really makes me sick is seeing Democrats like Shummer and Frank smiling for the cameras tonight and gloating that most are for paulson’s plan of robbing the taxpayers. It is times like this that we can see there really is no “opposition” Political Party, just two Wall Street Parties.

http://www.counterpunch.org/sharon09252008.html

http://www.counterpunch.org/hudson09252008.html

April 28, 2010

why did we accept silently the invasion of western culture , casino type of capitalism ? read details?

Filed under: Politics — admin @ 2:57 pm
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geyamala గేయమాల asked:

instead of enriching their knowledge by reading books of great authors,the Indian youth is attracted towards “pub culture” and watching pornographic movies in cybercafe
the children ‘s brains are conditioned to eat chocolates, pizzas, due to the advertisements in TVs . parents are not educating their children about nutritious value of our Indian food.
meaning less trash and vulgar display of body in the name of music and dance replaced our Bharateeya Nrityam and melodious carnatic music and Hindustani music .
is it not right time to condemn this invasion of vulgar culture of vultures?
my dear neo con, this question was posted in yahoo India.
THE NEED OF THE HOUR IS TO PROTECT OUR GREAT BHARATEEYA CULTURE FROM OBSCENE CAPITALIST CULTURE WHICH INVADED OUR DRAWING ROOMS THROUGH MEDIA, TVS AND MOVIES.

October 15, 2009

What do you think of this? Scary stuff?

Filed under: Politics — Tags: , , , , — admin @ 9:40 pm
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mstrywmn asked:

Juval Aviv was the Israeli Agent whom the movie “Munich” was about… He was Golda Meir’s bodyguard and she appointed him to track down and bring to justice the Palestinian terrorists who took the Israeli athletes hostage and killed them during the Munich Olympic Games. In a lecture in NYC a few weeks ago he shared information that EVERY American needs to know but our government has not shared. His bio is below, his book is “Staying Safe”. First, I am going to share what he discussed in regard to the Bush Administration, 9/11 and Iraq and then I will share his predictions for the next attack on the U.S. He predicted the London subway bombing on the Bill O’Reilly show on Fox News stating publicly that it would happen within a week – O’Reilly laughed and mocked him saying that in a week he wanted him back on the show and unfortunately, within a week the terrorist attack occurred. Juval Aviv gave intelligence (via what he had gathered in Israel and the Middle East) to the Bush Administration about 9/11 a month before it occurred. His report specifically said they would use planes as bombs and target high profile buildings and monuments. The Administration ridiculed him and refused to respond. Congress has since hired him as a security consultant – but still the Administration does not listen to him. He didn’t agree with going into Iraq – said it didn’t make sense if we wanted terrorists responsible for 9/11 (and also he believes in Golda Meir’s approach which was to bring justice to the terrorists but do not take down civilians – killing civilians only creates more terrorists – but similar to Bush, Israel’s subsequent leaders were not as insightful as Golda Meir) – however, when we did decide to invade Iraq we should have learned from Israel’s past mistakes. He very articulately stated that Israel’s greatest mistake against their war on terror was to invade the West Bank and Gaza and stay there… He said they should have done the proven anti-terrorist strategy which was “Hit and Leave” instead of “Hit and Stay.” Now we are stuck in Iraq and it is worse than Vietnam – Iraq is the U.S.’s West Bank/ Gaza. He doesn’t think we will ever be able to truly leave because even when we are able to pull our troops back we will still have to go back regularly which will keep us quagmired. We should have hit hard and left immediately. Now for the scary stuff…. He predicts the next attack on the U.S. Is coming within the next few months. Forget hijacking airplanes because he says terrorists will NEVER try and hijack a plane again as the people on the plane will not go down quietly. Aviv believes our airport security is a joke- we are being reactionary versus looking at strategies that are effective. 1) our machines are outdated. They look for metal and the new explosives are made of plastic 2) He talked about how some idiot tried to light his shoe on fire – we now have to take off our shoes, a group of idiots tried to bring aboard liquid explosives – now we can’t bring liquids on board. He is waiting for some suicidal maniac to pour liquid explosive on their underwear and light up in a plane or in the terminal and then we will all have to travel *****! 3) We only focus on security when people are heading to the gates, he says that if a terrorist attack targets airports in the future, they will target busy times and on the front end when people are checking in. It would be easy for someone to take two suitcases of explosives, walk up to a busy check-in line, ask a person next to them to watch their bags for a minute while they run to the restroom or get a drink and then detonate the bags BEFORE security even gets involved. Israel checks bags before people can enter the airport. Now, back to his predictions: He says the next attack will come in a few months and will involve ******* bombers and non-suicide bombers in places that people congregate: Disneyland, Las Vegas, Big Cities (NY, SFO, Chicago, etc…) and there it will be shopping malls, subways in rush hour, train stations, casinos, etc.. As well as rural America (Wyoming, Montana, etc…). The attack will be simultaneous detonations around the country (they like big impact) 5-8 cities including rural areas. They won’t need to use ******* bombers because at largely populated places like the MGM Grand in Vegas – they can simply valet park! He says this is well known in intelligence circles but our government does not want to alarm Americans. However, he also said that the US will attack Iran and Syria before Bush leaves office. In addition, since we don’t have enough troops The US will likely use small, strategic nuclear weapons regardless that the headlines the next day will read “US Nukes Islamic World” and the world will be a different place to such an extent that global warming will be irrelevant. He travels regularly to the Middle East and he knows his stuff. On a good note – he says we don’t have to worry about being nuked – he says the terrorists who want to destroy America will not use sophisticated weapons – they like ******* as the frontline approach. He also says the next level of terrorists will not be coming from abroad, but will be homegrown – having attended our schools and universities – but will have traveled frequently back and forth to the Middle East. They will know and understand Americans but we won’t understand them – we still only have a handful of Arabic and Farsi speaking people in our intelligence networks and we need that to change he said… What can we do? From an intelligence perspective he says the U.S. needs to stop relying on satellites and technology for intelligence but follow Israel, Ireland and England’s example of human intelligence both from an infiltration perspective as well as trust citizens to help. We need to engage and educate ourselves as citizens but our government treats us like babies and thinks we can’t handle it and will panic. He did a test for Congress recently putting an empty briefcase in 5 major spots in 5 US cities and not one person called 911 or sought a policeman to check it out. In fact, in Chicago – someone tried to steal it! In Israel an unattended bag or package would be reported in seconds with a citizen shouting “Unattended Bag” and the area cleared slowly, calmly and immediately by the people themselves. Unfortunately, we haven’t hurt enough yet for us to be that concerned…. He also discussed how many children were in preschool and kindergarten after 9/11 without parents to pick them up and the schools did not have a plan. Do you have a plan with your kids, schools and families if you cannot reach each other by phone? If you cannot return to your house? If you cannot get to your child’s school – do they know what to do? We should all have a plan. He said that our government’s plan after the next attack is to immediately cut-off EVERYONE’s ability to use their telephone, cell phone, blackberry because they don’t want terrorists to be able to talk to one another – do you have a plan if you cannot communicate directly with those that you love? Last week the Today Show began with a segment that Al Qaeda was resurfacing – the same kind of action on the Pakistani border occurred before 9/11… It is scary, but we do not have panic, we just need to be aware…. Unfortunately, the current Administration has not been helpful and we can not change things until 2008. Bio follows: Juval Aviv holds an M.A. in Business from Tel Aviv University and is President and CEO of Interfor, Inc., an international corporate intelligence and investigations firm. Juval Aviv is President and CEO of Interfor, Inc. Based in New York with offices around the world, founded in 1979, Interfor provides foreign and domestic intelligence services to the legal, corporate and financial communities and conducts investigations around the world. In addition, Mr. Aviv serves as a special consultant to the U.S. Congress and other policy makers on issues of terrorism, fraud and money laundering. A leading authority on terrorist networks, Mr. Aviv served as lead investigator for Pan Am Airways into the Pan Am 103-Lockerbie terrorist bombing. He was featured in the recent film, Munich, as the leader of the Israeli team that tracked down the terrorists who kidnapped the Israeli Olympic team. Interfor’s services encompass white-collar crime investigations, asset search and recovery, corporate due diligence, litigation support, fraud investigations, internal compliance investigations, security and vulnerability assessments. Since its inception, Interfors asset investigation services have recovered over $2 billion worldwide for its clients. Before founding Interfor, Mr. Aviv served as an officer in the Israel Defense Force (Major, retired) leading an elite Commando/Intelligence Unit, and was later selected by the Israeli Secret Service (Mossad) to participate in a number of intelligence and special operations in many countries in the late 1960s and 1970s. While working as a consultant with El Al, Mr. Aviv surveyed the existing security measures in place and updated El Al’s security program, making El Al the safest airline in business today. Most recently, Mr. Aviv wrote Staying Safe: The Complete Guide to Protecting Yourself, Your Family, and Your Business,(2004,Harper Resource). He has been a guest on ABC Nightline, FOX News, CNN, BBC Newsnight, ZDF (German National Television) and RAI (Italian National Television) and has been featured in numerous articles in major magazines and newspapers worldwide.
Sorry this was so long, but I didn’t have a link to post.

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