Interestingly, Madam Chennault was observed on the grounds of the Chestnut Lodge Sanitarium (a highly expensive and private mental health clinic/hospital for schizophrenics in Rockville, Maryland, USA).
That was the same sanitarium where the CIA had their private wing used for their MK ULTRA program. Whether Ms. Chennault was there for mental health reasons, or having to do with MK ULTRA, isn't known.
As many other intelligent posters have and will mention, the New Whore Times would have rolled over for the gov't (the Bush-Obama Administration) and never have published, as they have repeatedly demonstrated in times past.
Nate Silver, since you either haven't been reading all his stuff, or are horribly retarded, is just another typical Wall Street apologist at the NY Times, which is why he is paid and why they pay him; his BS article/posts on the banksters "using the wrong or imperfect models" and such is the cause for all their thievery --- what moron could possibly fall for such abject propaganda on their behalf --- you evidently, sonny!
Huh? We've been there for quite some time, big guy! I mean, back in the early 1900s, when Rockefeller wa supposed to have broken up Standard Oil, the world's largest monopoly (today called ExxonMobil), it was only done on paper --- he established a holding company specifically to move the stock ownership to each holding company, as each unit was supposedly "sold off."
Because Standard Oil was then sold on the Curb Market (street market or outside market, not on the NYSE where it would have to list specific financial data on assets), Rockefeller was able to avoid outsiders having any definite knowledge of their actual assets, later this would be further elaborated, over the years, to hiding their wealth and ownership through foundations, trusts, unregistered trusts and offshore finance centers).
For further elucidation in the matter, read John Moody's The Masters of Capital, and The Truth about the Trusts, as well as William C. Moore's Wall Street (these books are somewhat old, but you have to start way back to understand why nobody today knows who the eff owns anything, and believe you me, buddy boyo, they still own all this stuff!!!!).
But dude, that was only one bankster and one cartel: HSBC did an estimated one-half trillion dollars of drug money launder per year, for a period of ten years. Now consider how many criminal orgs are out there, distributing tax-free drugs worldwide, and the number of banksters which must be involved with their money laundering activities? (We know that Societe Generale, Barclays, JPMorgan Chase, Citigroup, Credit Suisse and others, have been involved in the past --- and we know that the Chinese Triads, Turkish-Bulgarian Mob, various Russian Mobs, and the drug cartels throughout the Americas, do a rollicking business, now don't we? (Great comment, though....)
"We've gone way too far with empowering the government..."
"We" kimosabe???? "We" never empowered the gov't, their owners took it to another level, dood! "We" have always been at war with al Qaeda on Wall Street, FYI, sonny!
Which was why Robert Mueller III was appointed the director of the FBI only several days prior to the 9/11/01 events. Robert Mueller, scion of the Truesdale fortune, which was created by colluding with Rockefeller and his bunch; monopolizing transport of oil, blowing up competitors' oil refineries, etc.
FYI, sonny, Robert Mueller III is the grandnewphew of Richard Bissell, one of the three top CIA dogs fired by President John F. Kennedy prior to his assassination.
FYI, sonny, Robert Mueller III's wife is the granddaughter of Gen. Cabell, one of the other two CIA dogs fired by President Kennedy prior to his assassination.
FYI, sonny, Robert Mueller III was first appointed to the position of chief of the DOJ's criminal division by George H.W. Bush when the investigation into the BCCI was getting far too close to the White House, and Mueller successfully interdicted the investigation/trials, etc. (For a quick and easy understanding of that, see the movie, "The International" with Clive Owens and Naomi Watts.)
"the government of a nation should be implementing policies which are to the benefit of the citizens.."
An excellent and obvious comment, moeinvt, but the last time we had a real gov't like the one you described, was the Kennedy
Administration, which gave us the Internet, and NASA and the Moon Project, and laid the groundwork for advances in digital electronics, biomedical engineering, polymer chemistry and materials science, earth remote-sensing satellites for natural resource discovery, and a host of other advances, which laid the groundwork for the future Web over the Internet, etc. (And we saw what happened to JFK, now didnt' we? After his final budget proposal, which would have bolstered the economic health of the majority of workers, killed the oil depletion allowance, etc., after Kennedy had gone around the Federal Reserve and pumped out $4.3 billion directly into the economy through the US Treasury (not pumped it into the banks through the Federal Reserve, as is now the case.)
Read Donald Gibson's Battling Wall Street: the Kennedy presidency, and Lance deHaven-Smith's Conspiracy Theory in America.
Bullcrap, bullcrap, bullcrap, sonny! The real problem is a select few having control over the creation of money and the destruction of economic surplus.
"...will be when global wages equilibrate as relative currency values change.."
This is pure US Chamber of Comerce (USCoC) talking points' nonsense we've been hearing from those paid-to-play douchetards over the previous ten years or more.
Paul Fernhout is as full of bullcrap as those masters he serves; his butt is for rent to everyone!
Too many Capitalist Fascist States, like Amerka, or too many Totalitarian Capitalist States, like China, control the wages --- this is all about reducing everyone to serfdom and controlling the workrs of the world.
Anyone saying different is usually on THEIR payroll, rest assured. It is like Martin Feldstein, involved in the economic meltdown (once upon a time a director at HCA, director at Eli Lilly, director at AIG's Financial Products group, etc.), also being the douchetard who keeps telling us the recovery is taking place!
The fact of the matter, the actual reality is that this is no different than the Railroad Trusts bringing in Chinese scab workers by the literal boatload to replace American (mostly Euro immigrants, Black American workers and Japanese immigrants) as gandy dancers, or railroad workers of yore. Now it's the tech, engineering, science R&D fields, etc., but the concept and process is practically the same. Reduce wages and control the arbitrage market (all markets are presently rigged, so what the hell, huh?).
Negative, wiener boy, the EPI is concerned with the metrics of forced inequality, the war on the rest of us waged by the plutocracy, and you sound like either the spawn of the plutocracy or ITAA or whatever those freaks are now called.
Too late, too many wasted people and talent thanks to the banksters and their ilk. One day the prey will become the predators.
So what? Who cares?
To all the lowbrows and halfwits who criticize the Chinese military for hacking the USA and elsewhere:
Evidently they are some deviants living in a cave, completely oblivious to the offshoring of all those jobs, all that technology, and all the investment to China, and Micro$oft opening their source code to them some years back, and Boeing's subsidiary, Narus, selling them the software to make it easier to arrest, torturne, incarcerate and/or execute the pro-democracy and rights activists in that country?
Once again, where did the first claim of Iran's nuke development capabilities originate?
Clinton appointed republicon, Cohen, as his SecDef, who appointed Chris Mellon (perhaps you've heard of Bank of New York Mellon, and the Mellon family????) to a high position in the DIA, who then, around 2001/2002 period, sounded the "alarm" about Iran's so-called nuke capability (Iran and consulted with a Dick Cheney-led company, Halliburton, illegal under the existing sanctions, about future development and they recommend Iran develop its second most abundant resource, radium for a nuclear power industry).
Chris Mellon would later leave when Mellon merged with the Bank of New York, to become the largest depository bank in existence.
" Facebook will pay their share eventually, but it's just not going to be on their 2012 return."
Now that is such a bald-faced and consummate lie --- you must be a troll or chatbot?
Much thanks, Mitreya, for explaing the reality, which this phony and disnhonest poster attempts to obscure. I guess/. is simply just another jobs offshorer running planted propaganda pieces?
In other words, hedge funds first do naked shorting of small, public companies (small businesses), and just several years ago, congress passed legislation giving special small business loan preference to "small businesses" previously invested in by hedge funds and/or private equity funds. (Can you say obvious financial fraud and monopolization pattern?)
Riiiggggghhhtt, next the poster will be quoting John D. Rockefeller and Lloyd Blankfein claiming that "God gave them their money" --- geez Louise, already, please don't be so dishonest, so disingenuous to ignore that the entire tax code was designed specifically for this, endless passages and sections have been pointed out, most recently by Ellen Schultz in her recent book, Retirement Heist, going back to that dood, Gino (of Gino's Pizza) and Louis B. Mayer's incredibly fraudulent and obtuse tax code section ONLY specifically benefitting his wealth --- the reason Zuckerberg has been making those international banker forums (known as the Bilderbergers) with David Rockefeller and the other int'l master banksters, is precisely for that reason of massively accumulating wealth and paying no taxes (and using Facebook to spy and manipulate, 'natch).
Recommended reading:
Lance deHaven-Smith's Conspiracy Theory in America
. . . you will take the time and effort to ascertain who really owns AT&T (and has the controlling interest, BTW, in Mitre Corp. and Monsanto). Instead of assuming some fantasy-like monolithic corporation, with no ownership (which everyone appears to believe today thanks to massive undertaking of "indoctrinated ignorance").
The Truth, The Whole Truth, and Nothing But The Truth
I despise Fox, better known as FoxFiction, for the very same reason I despise PBS and the Frontline show which appears on it; they both are nothing more than propaganda vehicles. I’ve ranted enough over the years about Rupert Murdoch and his criminal propaganda operations, but for the concise lowdown on his “legalization” of news fictionalization, please read Kristina Borjesson’s outstanding book, Into the Buzzsaw (a fantastic achievement by Ms. Borjesson).
The other day, Frontline broadcasted a show on their take on why none of the guilty parties have gone to jail for all the financial fraud --- and law breaking and violation --- involved in the financial meltdown that we hear and read about on an almost daily basis.
It was so thoroughly contrived and such nonsense that any self-aware human had to be nauseated by it!
Some years back, an editor at the Seattle Times explained to me how they falsified the news (this was during a heated and argumentative discussion, when I accosted them about some highly misleading stories in their rag): the newsy interviews the disinformation specialist --- usually a corporate lobbyist --- who spews forth their lies, therefore the reporter/journalist/editor bears no legal culpability whatsoever --- since the interviewee was spouting the lies and fiction.
Of course, the newsy never bothers to ever verify, or fact check, anymore!
Frontline did this most effectively, although they still were culpable in repeating the Wall Street and US Chamber of Commerce talking point nonsense.
The mortgage foreclosures, a relatively small percentage at the beginning, had really nothing to do with the economic meltdown, it was almost superfluous (although it would figure among the global insurance swindles, it was really only one of a host of factors).
It was the never-ending ultra-leveraging of the debt, over and over and over again.
Securitization, or the transforming of debt into securities, the selling of financial instruments based upon the ongoing and future promise of payment of said debt, then selling more financial instruments based upon those financial instruments, then selling even more financial instruments based upon those, etc., etc., etc.
That’s ultra-leveraging, but again, only part of it --- they also re-securitized the original securitization, and re-re-securitized again, then re-re-re-re-securitized again, etc.
Layer upon layer upon endless layer of debt/financial instruments: why there are so many multi-billionaires and so many people struggling today.
Add to that still other components: something they call rehypothecation, or using other collateral as your own (really a form of fraudulent borrowing, ostensibly illegal in the USA, but legal in the UK (but it never stopped them here in America, now did it?) by the banksters, speculators and derivatives dealers.
Now add to that all the insider speculation, wash trades (the trading back and forth by speculators to drive up, or down, commodity and stock values), and LIBOR rate manipulation (please remember, that LIBOR manipulation affected an estimated potential of $800 trillion worth of contracts --- that’s TRILLION, or 1,000 billion times 800 --- super-sized numbers which derived from all that ultra-leveraging --- so they manipulated their manipulations . . ).
So when Frontline is too damned lazy to consult some law books and relies on the DOJ’s Lanny Breuer to spout nonsense (a guy who made his big bucks defending the people he’s supposed to now be investigating when he worked at Covington & Burling with Attorney General Holder) and they repeat the Wall Street mantra about the so-called underlying causes of their meltdown (“nobody could have foreseen it” / “unexpected consequences” school of f
Slashdot Mirror
http://www.counterpunch.org/2013/02/15/top-10-users-of-h-1b-guest-worker-program-are-offshore-outsourcing-firms/ (Thanks for your comments, BTW, 14erCleaner!)
Interestingly, Madam Chennault was observed on the grounds of the Chestnut Lodge Sanitarium (a highly expensive and private mental health clinic/hospital for schizophrenics in Rockville, Maryland, USA).
That was the same sanitarium where the CIA had their private wing used for their MK ULTRA program. Whether Ms. Chennault was there for mental health reasons, or having to do with MK ULTRA, isn't known.
+ 1,000,000 points, good anon citizen.
As many other intelligent posters have and will mention, the New Whore Times would have rolled over for the gov't (the Bush-Obama Administration) and never have published, as they have repeatedly demonstrated in times past.
Nate Silver, since you either haven't been reading all his stuff, or are horribly retarded, is just another typical Wall Street apologist at the NY Times, which is why he is paid and why they pay him; his BS article/posts on the banksters "using the wrong or imperfect models" and such is the cause for all their thievery --- what moron could possibly fall for such abject propaganda on their behalf --- you evidently, sonny!
"...we're heading into Kafka land..."
Huh? We've been there for quite some time, big guy! I mean, back in the early 1900s, when Rockefeller wa supposed to have broken up Standard Oil, the world's largest monopoly (today called ExxonMobil), it was only done on paper --- he established a holding company specifically to move the stock ownership to each holding company, as each unit was supposedly "sold off."
Because Standard Oil was then sold on the Curb Market (street market or outside market, not on the NYSE where it would have to list specific financial data on assets), Rockefeller was able to avoid outsiders having any definite knowledge of their actual assets, later this would be further elaborated, over the years, to hiding their wealth and ownership through foundations, trusts, unregistered trusts and offshore finance centers).
For further elucidation in the matter, read John Moody's The Masters of Capital, and The Truth about the Trusts, as well as William C. Moore's Wall Street (these books are somewhat old, but you have to start way back to understand why nobody today knows who the eff owns anything, and believe you me, buddy boyo, they still own all this stuff!!!!).
But dude, that was only one bankster and one cartel: HSBC did an estimated one-half trillion dollars of drug money launder per year, for a period of ten years. Now consider how many criminal orgs are out there, distributing tax-free drugs worldwide, and the number of banksters which must be involved with their money laundering activities? (We know that Societe Generale, Barclays, JPMorgan Chase, Citigroup, Credit Suisse and others, have been involved in the past --- and we know that the Chinese Triads, Turkish-Bulgarian Mob, various Russian Mobs, and the drug cartels throughout the Americas, do a rollicking business, now don't we? (Great comment, though....)
"We've gone way too far with empowering the government..."
"We" kimosabe???? "We" never empowered the gov't, their owners took it to another level, dood! "We" have always been at war with al Qaeda on Wall Street, FYI, sonny!
Which was why Robert Mueller III was appointed the director of the FBI only several days prior to the 9/11/01 events. Robert Mueller, scion of the Truesdale fortune, which was created by colluding with Rockefeller and his bunch; monopolizing transport of oil, blowing up competitors' oil refineries, etc.
FYI, sonny, Robert Mueller III is the grandnewphew of Richard Bissell, one of the three top CIA dogs fired by President John F. Kennedy prior to his assassination.
FYI, sonny, Robert Mueller III's wife is the granddaughter of Gen. Cabell, one of the other two CIA dogs fired by President Kennedy prior to his assassination.
FYI, sonny, Robert Mueller III was first appointed to the position of chief of the DOJ's criminal division by George H.W. Bush when the investigation into the BCCI was getting far too close to the White House, and Mueller successfully interdicted the investigation/trials, etc. (For a quick and easy understanding of that, see the movie, "The International" with Clive Owens and Naomi Watts.)
"the government of a nation should be implementing policies which are to the benefit of the citizens.."
An excellent and obvious comment, moeinvt, but the last time we had a real gov't like the one you described, was the Kennedy Administration, which gave us the Internet, and NASA and the Moon Project, and laid the groundwork for advances in digital electronics, biomedical engineering, polymer chemistry and materials science, earth remote-sensing satellites for natural resource discovery, and a host of other advances, which laid the groundwork for the future Web over the Internet, etc. (And we saw what happened to JFK, now didnt' we? After his final budget proposal, which would have bolstered the economic health of the majority of workers, killed the oil depletion allowance, etc., after Kennedy had gone around the Federal Reserve and pumped out $4.3 billion directly into the economy through the US Treasury (not pumped it into the banks through the Federal Reserve, as is now the case.)
Read Donald Gibson's Battling Wall Street: the Kennedy presidency, and Lance deHaven-Smith's Conspiracy Theory in America.
Great comments, anon, and check out that EB-5 program!
Bullcrap, bullcrap, bullcrap, sonny! The real problem is a select few having control over the creation of money and the destruction of economic surplus.
"...will be when global wages equilibrate as relative currency values change.."
This is pure US Chamber of Comerce (USCoC) talking points' nonsense we've been hearing from those paid-to-play douchetards over the previous ten years or more.
Paul Fernhout is as full of bullcrap as those masters he serves; his butt is for rent to everyone!
Too many Capitalist Fascist States, like Amerka, or too many Totalitarian Capitalist States, like China, control the wages --- this is all about reducing everyone to serfdom and controlling the workrs of the world.
Anyone saying different is usually on THEIR payroll, rest assured. It is like Martin Feldstein, involved in the economic meltdown (once upon a time a director at HCA, director at Eli Lilly, director at AIG's Financial Products group, etc.), also being the douchetard who keeps telling us the recovery is taking place!
The fact of the matter, the actual reality is that this is no different than the Railroad Trusts bringing in Chinese scab workers by the literal boatload to replace American (mostly Euro immigrants, Black American workers and Japanese immigrants) as gandy dancers, or railroad workers of yore. Now it's the tech, engineering, science R&D fields, etc., but the concept and process is practically the same. Reduce wages and control the arbitrage market (all markets are presently rigged, so what the hell, huh?).
Negative, wiener boy, the EPI is concerned with the metrics of forced inequality, the war on the rest of us waged by the plutocracy, and you sound like either the spawn of the plutocracy or ITAA or whatever those freaks are now called.
Too late, too many wasted people and talent thanks to the banksters and their ilk. One day the prey will become the predators.
So what? Who cares? To all the lowbrows and halfwits who criticize the Chinese military for hacking the USA and elsewhere:
Evidently they are some deviants living in a cave, completely oblivious to the offshoring of all those jobs, all that technology, and all the investment to China, and Micro$oft opening their source code to them some years back, and Boeing's subsidiary, Narus, selling them the software to make it easier to arrest, torturne, incarcerate and/or execute the pro-democracy and rights activists in that country?
Blame Wall Street and Korporate ameriKa.
Does the US gov't spew bullcrap to benefit their owners, the plutocracy (multinationals)? Maybe you could answer a real question for a change.
Once again, where did the first claim of Iran's nuke development capabilities originate?
Clinton appointed republicon, Cohen, as his SecDef, who appointed Chris Mellon (perhaps you've heard of Bank of New York Mellon, and the Mellon family????) to a high position in the DIA, who then, around 2001/2002 period, sounded the "alarm" about Iran's so-called nuke capability (Iran and consulted with a Dick Cheney-led company, Halliburton, illegal under the existing sanctions, about future development and they recommend Iran develop its second most abundant resource, radium for a nuclear power industry).
Chris Mellon would later leave when Mellon merged with the Bank of New York, to become the largest depository bank in existence.
Ain't facts grand?
" Facebook will pay their share eventually, but it's just not going to be on their 2012 return." Now that is such a bald-faced and consummate lie --- you must be a troll or chatbot?
Much thanks, Mitreya, for explaing the reality, which this phony and disnhonest poster attempts to obscure. I guess /. is simply just another jobs offshorer running planted propaganda pieces?
"...there's an inherent unfairness to small businesses ..."
speaking of unfairness to small businesses:
http://www.rgm.com/articles/financialwire.html
In other words, hedge funds first do naked shorting of small, public companies (small businesses), and just several years ago, congress passed legislation giving special small business loan preference to "small businesses" previously invested in by hedge funds and/or private equity funds. (Can you say obvious financial fraud and monopolization pattern?)
Riiiggggghhhtt, next the poster will be quoting John D. Rockefeller and Lloyd Blankfein claiming that "God gave them their money" --- geez Louise, already, please don't be so dishonest, so disingenuous to ignore that the entire tax code was designed specifically for this, endless passages and sections have been pointed out, most recently by Ellen Schultz in her recent book, Retirement Heist, going back to that dood, Gino (of Gino's Pizza) and Louis B. Mayer's incredibly fraudulent and obtuse tax code section ONLY specifically benefitting his wealth --- the reason Zuckerberg has been making those international banker forums (known as the Bilderbergers) with David Rockefeller and the other int'l master banksters, is precisely for that reason of massively accumulating wealth and paying no taxes (and using Facebook to spy and manipulate, 'natch).
Recommended reading:
Lance deHaven-Smith's Conspiracy Theory in America
Who the eff is EMC??? Why hasn't anyone ever heard of them before?
. . . you will take the time and effort to ascertain who really owns AT&T (and has the controlling interest, BTW, in Mitre Corp. and Monsanto). Instead of assuming some fantasy-like monolithic corporation, with no ownership (which everyone appears to believe today thanks to massive undertaking of "indoctrinated ignorance").
And IMHO, please allow me to add . . .
The Truth, The Whole Truth, and Nothing But The Truth
I despise Fox, better known as FoxFiction, for the very same reason I despise PBS and the Frontline show which appears on it; they both are nothing more than propaganda vehicles. I’ve ranted enough over the years about Rupert Murdoch and his criminal propaganda operations, but for the concise lowdown on his “legalization” of news fictionalization, please read Kristina Borjesson’s outstanding book, Into the Buzzsaw (a fantastic achievement by Ms. Borjesson).
The other day, Frontline broadcasted a show on their take on why none of the guilty parties have gone to jail for all the financial fraud --- and law breaking and violation --- involved in the financial meltdown that we hear and read about on an almost daily basis. It was so thoroughly contrived and such nonsense that any self-aware human had to be nauseated by it!
Some years back, an editor at the Seattle Times explained to me how they falsified the news (this was during a heated and argumentative discussion, when I accosted them about some highly misleading stories in their rag): the newsy interviews the disinformation specialist --- usually a corporate lobbyist --- who spews forth their lies, therefore the reporter/journalist/editor bears no legal culpability whatsoever --- since the interviewee was spouting the lies and fiction.
Of course, the newsy never bothers to ever verify, or fact check, anymore!
Frontline did this most effectively, although they still were culpable in repeating the Wall Street and US Chamber of Commerce talking point nonsense.
The mortgage foreclosures, a relatively small percentage at the beginning, had really nothing to do with the economic meltdown, it was almost superfluous (although it would figure among the global insurance swindles, it was really only one of a host of factors).
It was the never-ending ultra-leveraging of the debt, over and over and over again.
Securitization, or the transforming of debt into securities, the selling of financial instruments based upon the ongoing and future promise of payment of said debt, then selling more financial instruments based upon those financial instruments, then selling even more financial instruments based upon those, etc., etc., etc.
That’s ultra-leveraging, but again, only part of it --- they also re-securitized the original securitization, and re-re-securitized again, then re-re-re-re-securitized again, etc.
Layer upon layer upon endless layer of debt/financial instruments: why there are so many multi-billionaires and so many people struggling today.
Add to that still other components: something they call rehypothecation, or using other collateral as your own (really a form of fraudulent borrowing, ostensibly illegal in the USA, but legal in the UK (but it never stopped them here in America, now did it?) by the banksters, speculators and derivatives dealers.
Now add to that all the insider speculation, wash trades (the trading back and forth by speculators to drive up, or down, commodity and stock values), and LIBOR rate manipulation (please remember, that LIBOR manipulation affected an estimated potential of $800 trillion worth of contracts --- that’s TRILLION, or 1,000 billion times 800 --- super-sized numbers which derived from all that ultra-leveraging --- so they manipulated their manipulations . . ).
So when Frontline is too damned lazy to consult some law books and relies on the DOJ’s Lanny Breuer to spout nonsense (a guy who made his big bucks defending the people he’s supposed to now be investigating when he worked at Covington & Burling with Attorney General Holder) and they repeat the Wall Street mantra about the so-called underlying causes of their meltdown (“nobody could have foreseen it” / “unexpected consequences” school of f
Most eloquently spoken, good citizen!
The Ballad of Aaron Swartz
http://www.youtube.com/watch?feature=player_embedded&v=Qb0tCgNzbjk