Cowering Before Capital

If this were debt cancellation and stimulus it would be interesting and the details are not out but I somehow doubt this will be much more than doing what the markets want, the level of debt created by financialisation and neoliberal policies is socially unsustainable unless police states become standard. Nowhere in the article are people mentioned, just banks & governments. The quote ‘inability of the Greek government to live within its means‘ is such a poisonous falsehood, as if financial institutions did not for years bribe key people into endless debt restructuring not because it helped them but because it made money for the banks. This is a merry game played by elites with the costs passed onto those not allowed to participate, yet the besuited oligarchs have the chutzpah to project their irresponsibility onto their victims. This is a rescue package within the rules of the game, better than what could have happened but ultimately it prolongs the scam. Neoliberalism, does not work, financialisation in place of actual productivity does not work (excuse the pun), capitalism unregulated and unconstrained does not work, Adam Smith was actually very clear on that despite what Randroids and laissez faire fundamentalists prefer to read into his works (by current standards he’d be labeled a socialist by corporate media). What we are seeing is a rolling breakdown of  systems of human activity because we are serving the economy not making the economy serve us.

Oh and some spurious wonky shit about elections, is it just me or are you sick of the (very masculine) obsession with numbers and deals and very little mention of the consequences to people of the cuts no one seems to want to think about (is this I suspect because they are all convinced of the neoliberal arguments and wouldn’t know a socialised market if they fell over one). Or am I just stupid for hoping just a tiny bit a coalition and public appetite for reform might stymie the cuts agenda of a lib/lab coalition because they can see the tories waiting to profit off the market fetishised ‘austerity’ measures (nice euphemism for class war and shock doctrine beloved by all those who fully expect not to suffer one iota because of them, until maybe that crime spike means it’s their home invaded and they get beaten the shit out of to give up all their valuables, no really I’m trying to feel sympathy for the self absorbed privileged twats).

What? You didn’t order a rant, well you got one anyway. Try the veal, I’ll be here all week… then I’ll be at http://www.tenpercent.org.uk/

Peace out motherfunkers.

Govt. Can’t Stop Covering Up Torture

It’s interesting this case also involves Moazzam Begg the focus of the recent campaign against Amnesty by Decent types.

The government will attempt today to have a case about torture heard entirely behind closed doors in a move that some lawyers say would extend secrecy to a new area of hearings, overriding ancient principles of English law. This morning a case will come before three appeal judges in London in which seven men are seeking damages against the government for mistreatment during what they say was their “extraordinary rendition” and torture facilitated by the British security services. The men include former Guantánamo Bay detainees Binyam Mohamed and Moazzam Begg. But the government is seeking to have the case held in secret, less than two weeks after the court of appeal ruled that seven paragraphs of secret evidence in the case of Mohamed should be made public.

Lawyers for the men say that if successful, the government’s application would extend closed proceedings into findings of fact in the civil courts for the first time.

Posted in Authoritarianism, Corruption, Human Rights, War on Terror Scam. Tags: . Comments Off on Govt. Can’t Stop Covering Up Torture

BAE Are Guilty Of Bribery, So What Of Blair Who Pushed Through The Deal?

And closed down the investigation… It’s small beer compared to Iraq but… Al Capone was convicted of tax evasion not murder or racketeering, just saying is all.

The arms giant BAE today agreed to pay out almost £300m in penalties as the company finally admitted guilt over its worldwide conduct in the face of long-running corruption investigations.

For 20 years, the firm had refused to accept any wrongdoing, despite mounting evidence of alleged bribes and kickbacks, much of it uncovered by the Guardian.

But BAE said it would plead guilty to charges of false accounting and making misleading statements in simultaneous settlement deals with the Serious Fraud Office in the UK, and the department of justice in Washington.

The admissions in the US covered BAE’s huge £43bn al-Yamamah fighter plane sales to Saudi Arabia, and smaller deals in the Czech Republic and elsewhere in central Europe.

In the UK, the admissions cover a highly controversial sale of a military radar to poverty-stricken Tanzania, which development secretary Clare Short said at the time “stank” of corruption, but which the then prime minister, Tony Blair, forced through the cabinet.

The Serious Fraud Office said in its announcement that some of the £30m penalty BAE was to hand over in the UK would be “an ex gratia payment for the benefit of the people of Tanzania”.

Another $400m (£257m) would be paid in penalties to the US authorities. BAE will not face international blacklisting from future contracts, because it has only admitted false accounting, not bribery.

MPs admitted to mixed feelings about BAE’s admission of guilt and are still furious that the SFO’s own extensive inquiry into the al-Yamamah deal was shut down in 2006, following pressure from the company, and from Saudi officials who reportedly threatened to withdraw co-operation over security matters. The then attorney general, Lord Goldsmith, cited reasons of national security when he announced the inquiry was being abandoned. Blair said he took full responsibility for the decision.

Corporate State, The F Word

In the midst of two wars and the fight against Al Qaeda, the CIA is offering operatives a chance to peddle their expertise to private companies on the side — a policy that gives financial firms and hedge funds access to the nation’s top-level intelligence talent, POLITICO has learned.

In one case, these active-duty officers moonlighted at a hedge-fund consulting firm that wanted to tap their expertise in “deception detection,” the highly specialized art of telling when executives may be lying based on clues in a conversation.

The never-before-revealed policy comes to light as the CIA and other intelligence agencies are once again under fire for failing to “connect the dots,” this time in the Christmas Day bombing plot on Northwest Flight 253.

But sources familiar with the CIA’s moonlighting policy defend it as a vital tool to prevent brain-drain at Langley, which has seen an exodus of highly trained, badly needed intelligence officers to the private sector, where they can easily double or even triple their government salaries. The policy gives agents a chance to earn more while still staying on the government payroll.

Posted in Corporatism, Corruption, War on Terror Scam. Tags: . Comments Off on Corporate State, The F Word

Neocon Rory Stewart Was An MI6 Operative

Rory Stewart currently vying for selection as a Tory candidate, as Craig Murray reveals

One person I would not vote for is the crusading neo-Conservative Rory Stewart. It is particularly annoying that he is constantly referred to as a former diplomat. Stewart was an MI6 officer and not a member of the FCO.

Three years ago I received a message from the FCO asking me not to mention this as, at that time, Stewart was still very active for MI6 in Afghanistan and his life could have been endangered. I agreed, and even removed a reference from my blog. However now that he is safely and lucratively ensconsed at Harvard, I see no reason to conceal the truth. I is necessary to reveal this so that people can correctly evaluate his political pronouncements on Iraq and Afghanistan, and his motives in making them.

Word.

EU Negotiating With Honduran Coup Regime

Caroline Lucas via Socialist Unity

The military coup which took place in Honduras on 28 June this year was 2009’s first such Central American coup. Following the installation of a de facto government, the EU firmly condemned the and made it clear that all negotiations for a preferential trade pact were to be suspended until the return of the ousted President Zelaya.

I was therefore shocked to learn that the COLAT (Committee on Latin America of the EU Council) has now decided to include Honduras in the negotiations on a future Association Agreement. Along with Jean Lambert and fellow members of the Greens/EFA group, I have signed an open letter to the European Council demanding that these negotiations are not resumed.

If the General Affairs Council (GAERC) confirms the COLAT decision, it would send out completely the wrong signal; basically, that we are happy to normalise relations with an antidemocratic military-imposed government, despite the fact that no Latin American country has recognised the Honduras coup administration, with the US also freezing its budgetary and military aid.

Until democratic order under the Honduran Constitution is reinstalled, the Greens want to suspend all economic, political and diplomatic relations with the de facto government of Honduras.

Several international human rights organisations working in Honduras have reported that the human rights situation has deteriorated during recent weeks, with the de facto government refusing to accept any of President Arias’ mediation proposals. If the EU decides to return to the negotiation table with the de facto government under these circumstances, the message is that the EU does not care about human rights and democracy, for the sake of business interests in the region.

You can find your MEP’s here and contact them.

CDS- Burning Down The House

HARRY Markopolos — the whistleblower on Bernie Madoff who proved to be much smarter than the SEC — says there are evildoers out there who will make the Ponzi scum “look like small-time.” Markopolos gave a speech to 400 of the faithful at the Greek Orthodox Church in Southampton and predicted major scandals will soon be revealed about the unregulated, $600 trillion, credit-default swap market. “To put it in simple terms, it is like buying fire insurance policies from five different insurance companies on your neighbor’s house and then burning down the house,” he said.

Somewhat stating the obvious init? But anyways you have to love corporate media, yes he was ‘smarter’ than the SEC, not in any way were the SEC colluding in the scams, God forbid! And the approved hatred of Madoff (‘scum’) is always interesting, hoping the vehemence for an exposed scapegoat will deter further scrutiny of the casino. Even though they know the whole barrel is rotten they dream of the booming good life of denial, where only a few bad apples were the exception that proved the rule, of capital.