Iceland Versus The Banksters

Political Vel Craft.org wrote on June 9, 2012

No one, except the Icelanders, have to been the only culture on the planet to carry out this successfully. Not only have they been successful, at overthrowing the corrupt Gov’t, they’ve drafted a Constitution, that will stop this from happening ever again.

That’s not the best part… The best part, is that they have arrested ALL Rothschild/Rockefeller banking puppets, responsible for the Country’s economic Chaos and meltdown.

Last week 9 people were arrested in London and Reykjavik for their possible responsibility for Iceland’s financial collapse in 2008, a deep crisis which developed into an unprecedented public reaction that is changing the country’s direction.”

And more:

“Returning to the tense situation in 2010, while the Icelanders were refusing to pay a debt incurred by financial sharks without consultation, the coalition government had launched an investigation to determine legal responsibilities for the fatal economic crisis and had already arrested several bankers and top executives closely linked to high risk operations.

Interpol, meanwhile, had issued an international arrest warrant against Sigurdur Einarsson, former president of one of the banks. This situation led scared bankers and executives to leave the country en masse.

In this context of crisis, an assembly was elected to draft a new constitution that would reflect the lessons learned and replace the current one, inspired by the Danish constitution.

To do this, instead of calling experts and politicians, Iceland decided to appeal directly to the people, after all they have sovereign power over the law. More than 500 Icelanders presented themselves as candidates to participate in this exercise in direct democracy and write a new constitution. 25 of them, without party affiliations, including lawyers, students, journalists, farmers and trade union representatives were elected.

Among other developments, this constitution will call for the protection, like no other, of freedom of information and expression in the so-called Icelandic Modern Media Initiative, in a bill that aims to make the country a safe haven for investigative journalism and freedom of information, where sources, journalists and Internet providers that host news reporting are protected.

The people, for once, will decide the future of the country while bankers and politicians witness the transformation of a nation from the sidelines.”

Comment:

Reporter Wayne Madsen, among others, has found connections between the IMMI and the elites.

Others have found them, as well. But since I periodically have doubts about all my judgments and want to refine them in light of new evidence, new research, additional epiphanies and/or rude awakenings, I plan on taking a second look at the IMMI.

Privacy versus transparency might be another of those binaries we need to surmount with creative intelligence.

Ten Ways To Fight The Police State

Image: technologyjones.com

There are ways to fight the police-state, on your own, without joining any group or party and giving up your independence.  Protecting your privacy on the Internet is one of them.

Just don’t forget that a lot of privacy sites are really government projects. The idea is to steer you to privacy software put out by the government’s buddies. It’s the oldest trick in the book.

But given that, there are a few things you can do to protect yourself. Here are ten of them.

1. Get your name and address off of mailing lists, subscriber lists, forms, directories, and data centers. You may need to keep doing that every year, as long as you have a credit card with your home address on it.

2.  Use Google only if you need to. Otherwise, use private/anonymous search engines. There are a few. I won’t name them, because when people start selecting one or other engine, then the powers-that-be start paying more attention and screw things up for them.

3. Use a virtual private network, but use it with caution. There’s a Catch-22 here. The free ones probably make money by selling your information… or worse. The ones that aren’t free need you to sign up on the net with an account and a credit card. Which means another vulnerability.  Passwords can be hacked and licenses can be stolen. Plus, VPN’s with servers and HQ’s in America, Britain, Europe and many other places, cannot protect your privacy if you get caught up with the police or lawyers, even tangentially.  Your ISP and VPN provider will be forced to comply with subpoenas and laws that demand data-sharing.

Completely anonymous off-shore VPN’s on the other hand can arouse government suspicion, even if you’re as innocent as a baa lamb.

Also, what if someone hijacks your VPN to commit crimes? How would you prove it wasn’t you, if someone wanted  to incriminate you?

I  asked the  FBI this recently, and they tell me that they can figure it out. But do you really want to be in a position where only the FBI can clear your name? And what if it’s the FBI that wants to get you in trouble? I mean, it’s not unheard of.

4. Limit what you do on the Internet. If you can’t stop using the net altogether (which is really the best option), try to curtail what you do. Limit what you buy on the net. Stop sending sensitive emails, even encrypted ones, over the net.  If you have to sell on the Internet to make a living, stay on top of computer crime by following a good security forum. Wilders is one.

5. Share computers or use public computers.  Lots of times, the easiest way to be private is to use a  computer used by other people you can trust, so long as you don’t input sensitive information. That way what you do is mixed up with what lots of other people are doing and it’s harder to track.

6. Don’t tell anyone your privacy tricks. I used to suggest things on this blog before, like using Scroogle or Ixquick. I don’t any more. The more people start using one trick, the more the government…or the criminals on the net…starts focusing on that trick. I’m not about to research things so people can track and harass me using my own research against me.

Who would do such a scummy thing?  Short answer – scum.

On the net, the scum rises to the top.

7. Don’t put your ideas out on the net, unless you’re prepared for everyone to take them without credit. While many people try to be ethical, a substantial number think that the ease of digital crime is a justification for it.

Keep your thoughts to yourself for other reasons, as well.  Any opinion you voice publicly is going to be held against you.

Write what your conscience demands. Just be sure you can live with how people will use it, misuse it, and abuse it.

8.  Avoid social media, unless you have to connect with someone for a reason. I deleted my Facebook account, my Digg account, Technorati, and a bunch of other things I don’t want to mention. I keep my blog up for several reasons, but from the viewpoint of privacy, it’s a terrible thing. I sometimes wish I had never begun it.

9. Keep a low profile. Even if you do have to write/blog, try to keep it under the radar. Blogging about politics is always going to get attention. You can’t avoid that. But you can always avoid  confrontations. You can always make an effort to give both sides their due,  You can filter comments, avoid posting on forums/sites you don’t know personally, and side-step flame-wars with all the cretins and sociopaths out there.

The net is a highway.  You’re driving next to strangers. Honking your horn or waving a hand at them is OK. Getting into their cars and driving off to dinner with them is another.

10. Watch your IP (Internet Protocol). Your IP address is being harvested by someone all the time. Cookies collect it, forums and boards record it, email providers and search engines track it.  You can disguise it or change it, but determined people can always get hold of  an IP.

That means they can figure out where you are, physically. Which is pretty unnerving. I’ve had a few nasty experiences when enemies got hold of my IP.

So change your IP as much as you need to; change your computer and  ISP provider every year, or even every six months. It’s not so hard to change a computer if you buy it refurbished or second-hand. A good Dell laptop can be had for about $120.  You can always sell the old one and get back some of your money.

On the other hand, you might want to arrange for a few traps for any would-be spies. In that case, your approach might be a bit different…..Be creative.

As for ISP’s, there are always deals, if you look for them.  Quote a price and ask your ISP if they will match it.  In this economy, companies are willing to lower their rates to attract customers.

First US State Recognizes Jury Nullification

When New Hampshire Governor John Lynch signed HB 146 into law on June 18, the Granite State became the first in the nation to enact a measure explicitly recognizing and protecting the indispensable right of jury nullification.

New Hampshire’s jury nullification law reads, in relevant part: “In all criminal proceedings the court shall permit the defense to inform the jury of its right to judge the facts and the application of the law in relation to the facts in controversy.”

There is nothing novel about the principle and practice of jury nullification, which dictates that citizen juries have the right and authority to rule both on the facts of a case, and the validity of a given law. This is widely recognized in judicial precedents in both American history and in Anglo-Saxon common law dating back to the Magna Carta (or earlier). At the time of the American founding it was well and widely understood that the power of citizen juries — both grand and petit — was plenary, and that their chief function was to force the government to prove its case against a defendant — and the validity of the law in question.

In contemporary America, however, trial by jury has been all but abolished in practice. Reviewing recent Supreme Court rulings, legal commentator Adam Liptak of the New York Times observes that in its just-completed term, the High Court “has turned its attention away from criminal trials, which are vanishingly rare, and toward the real world of criminal justice, in which plea bargains are the norm and harsh sentences commonplace.” (Emphasis added.)

The fact that the right to a trial by a jury of one’s peers, which is supposedly sacrosanct, has become all but extinct illustrates the extent to which the U.S. “justice” system has become Sovietized.

After the Bolsheviks seized power in 1917, the jury system — which had been established under Czar Alexander II in 1864 — was abolished and replaced with “People’s Courts” composed of a judge and a panel of two to six Party-appointed “assessors” who heard all of the evidence and decided all questions of both fact and law. The assessors “became known as `nodders’ for simply nodding in agreement with the judge,” wrote federal Judge John C. Coughenour in an article published by the Seattle University Law Review. “People’s assessors virtually always agreed with judges; acquittals were virtually nonexistent…. [U]nlike our adversarial system, the Soviet inquisitorial criminal justice system neither prioritized nor emphasized the rights of individual defendants, but instead paid homage to the interests of the state.”

One very telling measure of the Regime’s fear of citizen juries — especially those informed of their right to nullify unjust laws — is found in the efforts expended by prosecutors to prevent cases from going to trial.

In his 1998 book (co-written with Lawrence M. Stratton) The Tyranny of Good Intentions, Dr. Paul Craig Roberts points out that “the vast majority of felony cases are settled with a plea bargain….” Many, perhaps most, “felonies” today involve no offenses against persons or property, no criminal intent, and are usually a product of an opportunistic prosecutor’s malicious creativity in confecting a criminal offense.

It is common for prosecutors to multiply charges as a way of terrorizing an innocent defendant into accepting a plea. Very rarely do we see a defendant with the means to defend himself in such circumstances. For the average citizen who finds himself targeted by an ambitious prosecutor, a plea bargain usually seems like the only relatively palatable alternative to the expense of a trial and the possibility of a long time in prison. At the bargaining table, “I’m all in” for the prosecutor means that, should he lose, he would sacrifice a little prestige, with the taxpayers absorbing all of the expenses; the defendant stands to lose everything and faces the prospect of utter ruin.

This is why so many innocent people are willing to deal. For the State, the most attractive feature of such arrangements is the fact that it keeps such cases away from juries. And we’re left with a “justice” apparatus that functions, in the words of legal scholar John Langbein, like “the ancient system of judicial torture,” which relied on self-incrimination through duress, rather than conviction on the basis of sound evidence.”

Edward Feser On The Weakness of Rothbard’s Philosophy

[Added, July 4:  In response to a video of Rand on the Middle East, posted at Lew Rockwell.

Yes, Rand was wrong about that.

But that does not diminish the validity of her thinking in other areas, any more than Rothbard’s rightness on foreign policy validates everything else he wrote. Nor is the Middle East the reason the left hates Rand.  It detests her because her appeal to individualism and achievement is perennially powerful and popular.

And it also detests her because she dissected at least a part of the motivation behind much charity/altruism, to which the left insistently appeals.

Now, Rand owes her thought on that subject and other things  to Nietzsche, whom she adapted very originally and powerfully. In turn, Nietzsche, also an original and creative mind, owed his thinking to his studies of Eastern religion, especially Buddhism and Hinduism.

As is the case with Heidegger, Nietzsche, as far as I know, did not properly credit that influence.

(On the other hand, Yeats, also massively influenced by Nietzsche, did….]

In this way, intellectual chicanery/cultural fraud is at the heart of the modernist project.

Imagine if I were to study Christianity surreptitiously, and then go to some state in India where the villagers knew nothing about it and preach about such things as the resurrection of the body, judgement day, the fall, and original sin, passing off these notions as my own original thought, while denigrating the culture from which I took those ideas?

What kind of a fraud would that be?

What kind of damage would that do to the villagers’ understanding of the world at large, and to my own ability to reach valid conclusions about that world?]

Edward Feser on Murray Rothbard as a philosopher:

“I should also make it clear that my low opinion of Rothbard’s philosophical abilities has nothing to do with the particular conclusions he wants to defend. I certainly share his hostility to slavery, socialism, communism, and egalitarian liberalism. I also agree that much of what modern governments do is morally indefensible and that many of the taxes levied by modern governments (maybe even most of them) are unjust. And while I strongly disagree with his claims that government per se is evil and that all taxation is unjust, these are at least philosophically interesting claims. The problem is just that Rothbard seems incapable of giving a philosophically interesting argument for his claims. (Moreover, the claims in question were borrowed by Rothbard from 19th century anarchists like Lysander Spooner, so even where Rothbard is philosophically interesting he isn’t original.)”

Lila: He also borrowed from Rand, indeed, plagiarized her theory of volition, it is said, as well as a dissertation by a student, Barbara Branden. Which might explain why some Rothbardians feel the need to attack Ayn Rand all the time, usually without seeming to have read her very well. It is another way the modern libertarian movement panders to the left – by adopting its superficial reading of Rand, who, while flawed, is a giant next to most of her critics.

Feser goes on to deconstruct Rothbard’s arguments about self-ownership:
“Here, then, is the example. It is Rothbard’s main argument for the thesis of self-ownership, which is, as I have indicated, the very foundation of his moral and political philosophy, without which his moral case against taxation and government totally collapses.
I know of at least three places where he presents it (there may be others): in his book For a New Liberty (first published 1973, revised 1978); in his essay “Justice and Property Rights” (first published 1974, reprinted in his anthology Egalitarianism as a Revolt Against Nature and Other Essays, 2nd edition); and in his main work on moral and political philosophy, The Ethics of Liberty (1982, revised edition published in 1998). In the revised edition of For a New Liberty, the argument begins as follows:
Since each individual must think, learn, value, and choose his or her ends and means in order to survive and flourish, the right to self-ownership gives man the right to perform these vital activities without being hampered and restricted by coercive molestation. Consider, too, the consequences of denying each man the right to own his own person. There are then only two alternatives: either (1) a certain class of people, A, have the right to own another class, B; or (2) everyone has the right to own his own equal quotal share of everyone else. The first alternative implies that while Class A deserves the rights of being human, Class B is in reality subhuman and therefore deserves no such rights. But since they are indeed human beings, the first alternative contradicts itself in denying natural human rights to one set of humans. Moreover, as we shall see, allowing Class A to own Class B means that the former is allowed to exploit, and therefore to live parasitically, at the expense of the latter. But this parasitism itself violates the basic economic requirement for life: production and exchange.” (pp. 28-29)
The rest of the argument attempts to rule out alternative (2) and has its own problems, but I won’t bother with it because the passage quoted is enough for my purposes.
I think this argument is a very bad one; indeed, I think that to anyone with any philosophical training it will be quite obvious that it is bad. And not only is it bad, but given that Rothbard says nothing more in defense of the claims made in this passage (apart from trying to rule out alternative (2)), I think it is clear that the argument fails to be even minimally respectable in the sense described above. I suspect that most readers can immediately see at least some of the problems with it. Here are the ones that occur to me:
1. Even if it were true that “each individual must think, learn, value, and choose his or her ends and means in order to survive and flourish” and that “the right to self-ownership gives man the right to perform these vital activities without being hampered and restricted by coercive molestation,” it just doesn’t follow that anyone has a right to self-ownership. For all Rothbard has shown, we might also be able to think, learn, value, etc. even if we didn’t have any rights at all. (That X could get us Z doesn’t show that Y wouldn’t get it for us too.) Or we might need some rights in order to do these things, but not all the rights entailed by the principle of self-ownership. Or we might really need all the rights entailed by self-ownership, but nevertheless just not have them. After all, the fact that you need something doesn’t entail that you have it, and (as libertarians themselves never tire of pointing out), it certainly doesn’t entail that you have a right to it. For example, wild animals need food to survive, but it doesn’t follow that they have a right to it (indeed, Rothbard himself explicitly denies that animals can have any rights).
Furthermore, why should we grant in the first place that “each individual must think, learn, value, and choose his or her ends and means in order to survive and flourish”? Children survive and flourish very well without choosing most of their means and ends. Some adults are quite happy to let others (parents, a spouse, government officials) choose at least some of their means and ends for them. Many physically or mentally ill people couldn’t possibly survive or flourish unless others chose their means and ends for them. Even a slave or serf could obviously survive and even flourish if his master or lord was of the less brutal sort. And so forth. And if surviving and flourishing are what ground our rights, how could we have a right to suicide or to do anything contrary to our flourishing, as libertarian defenders of the thesis of self-ownership say we do?
Also, why should we grant that respect for each individual’s self-ownership really would ensure every individual’s ability to choose his means and ends, etc.? A leftist might argue that respect for self-ownership would benefit some but leave a great many others destitute and bereft of any interesting range of means or ends to choose from.
Of course, there might be some way a Rothbardian could reply to these objections; I certainly don’t find all of them compelling. But the point is that they are obvious objections to make, and yet Rothbard doesn’t even consider them, much less answer them. Even a brief acknowledgement of some of these objections and a gesture in the direction of a possible reply might have been enough to make the argument minimally respectable, but Rothbard fails to provide even this.
2. The claim that there are “only two alternatives” to denying the thesis of self-ownership is just obviously false. Here are some further alternatives that Rothbard fails to consider:
(a) no one owns anyone, including himself
(b) God owns all of us
(c) one class of people has a right to only partial ownership of another class (e.g. the former class has a right to the labor of the latter class, but may not kill members of the latter class, or refuse to provide for their sustenance, or forbid them from marrying, etc.)
(d) everyone has partial and/or unequal ownership of everyone else (e.g. everyone has an absolute right to bodily integrity, but not to the fruits of his labor, which are commonly owned; or everyone has an absolute right to bodily integrity, and an absolute right only to some percentage of the fruits of his labor, with the rest being commonly owned; or everyone has a presumptive right to bodily integrity, which might be overridden in extreme cases, with a right to a percentage of the fruits of his labor; or the weak and untalented have an absolute right to bodily integrity and to a large percentage of, though not all of, the fruits of their labor while the strong and talented have an absolute right to bodily integrity and to a much smaller percentage of the fruits of their labor; or the strong and talented, unlike the weak and untalented, have only a presumptive right to bodily integrity, which might be overridden if someone desperately needs an organ transplant; and so on and so forth).
Alternative (b) was defended by Locke (for whom talk of self-ownership was really just a kind of shorthand for our stewardship of ourselves before God) and it would also have been endorsed by natural law theorists in the Thomistic tradition. Rothbard explicitly cites both Locke on self-ownership and the Thomistic natural law tradition, so this alternative should have been obvious to him, and yet he fails even to consider it.
Lila: Chesterton has an excellent essay about the uses of the word “own,” but I think anyone with common sense can understand that the meaning of ownership itself varies with the context.
That Rothbard is not reflective about language – a lack of reflection pervasive among certain kinds of libertarians –  is immediately apparent to any reader with the slightest acquaintance with modern literature, let alone semiotics or philosophy.
“Alternative (c) was the standard view taken by defenders of slavery, most of whom would not have endorsed the unqualified ownership of other people implied by Rothbard’s alternative (1). One would think that Rothbard, who fancied himself a historian of ideas, would be aware of this, and yet here again he simply ignores what should have been another obvious possible alternative.
Some version or other of alternative (d) is arguably implicit in the views of many leftists, very few of whom (if any) would really claim that all of us have equal quotal ownership of each other. At the very least, a minimally charitable reading of left-wing arguments about taxation and redistribution would acknowledge that this, rather than Rothbard’s alternative (2), might be what egalitarian leftists are committed to. But Rothbard fails even to consider the possibility. He suggests (later on in the argument, after the passage quoted above) that “communist” ownership by everyone of everyone would entail that no one could take any action whatsoever without the permission of everyone else, but while this might be true under option (2), it would not be true under the less extreme egalitarian possibilities enshrined in (d).
Alternative (a) is one that Rothbard finally did consider – almost a decade after first giving the argument and after once again ignoring this alternative when repeating the argument in “Justice and Property Rights” – in a brief footnote in The Ethics of Liberty. (He attributes it to George Mavrodes, apart from whom, apparently, Rothbard might never have seen the obvious.) Rothbard’s reply to it is to say that “since ownership signifies range of control, this [i.e. no one’s owning anyone, including himself] would mean that no one would be able to do anything, and the human race would quickly vanish.”
But the badness of this argument should also be obvious. While having ownership of something does imply having a range of control over it, having a range of control over it doesn’t imply ownership. I have a certain “range of control” over my neighbor’s flower bed – he couldn’t stop me if I walked over right now and pulled some flowers out of it – but it doesn’t follow that I own it. Animals have a range of control over their environment, but since ownership is a moral category implying the having of certain rights, and animals (by Rothbard’s own admission) have no rights, it follows that they have no ownership of anything. And of course, their lack of ownership of anything hasn’t caused animals as a whole to “vanish,” “quickly” or otherwise, which makes evident the absurdity of Rothbard’s claim that alternative (a) would entail the extinction of the human race.
3. Alternative (1) just obviously doesn’t imply that the members of class B are “subhuman.” Not all defenders of slavery have denied that slaves are fully human; their view is just that some human beings can justly be owned by other ones. Rothbard’s assertion that this “contradicts itself in denying natural human rights to one set of humans” is just blatantly question-begging, since what is at issue is precisely whether there are any natural human rights that might rule out slavery.
4. Rothbard’s claim that the “parasitism” entailed by alternative (1) “violates the basic economic requirement for life: production and exchange” is also just obviously false. Animals do not engage in “production and exchange,” certainly not in the laissez-faire economics sense intended by Rothbard, but they are obviously alive.

In this one brief passage, then, Rothbard commits a host of fallacies and fails even to acknowledge, much less answer, a number of obvious objections that might be raised against his argument. Nor is this some peripheral argument, which might be written off as an uncharacteristic lapse. It served as the foundation of his entire moral and political theory, and was repeated several ti”mes over the course of a decade virtually unaltered. And if things are this bad in the very foundations of his moral and political theory, you can imagine how bad the rest of his philosophical arguments are.”

Comment:

I would also add that  Rothbard’s weaknesses as a thinker are replicated in some of his most fervent acolytes, who substitute sound and fury for depth of reasoning and seem to think incorrect thinking becomes better the more violently it is articulated.

This is not a criticism of  libertarianism as such. A term broad enough to embrace everyone from Tolstoy to Milton Friedman can hardly be criticized as one.  “Libertarianism” cannot be considered a singular movement, however much, for political or marketing reasons, some anarcho-capitalists might try to drag someone like Tolstoy into their fold.

Tolstoy was a libertarian in the way Gandhi was. Profoundly anti-capitalistic. They both believed in voluntary poverty and simplicity and abhorred the complexity of modern life. I doubt either would relish becoming the mascot of the Mises or Bastiat Institutes. To try to ride their reputations for the sake of broadening one’s appeal is intellectually disingenuous.

So I have profound differences with  American-style libertarianism (of the LRC type or of the Reason Magazine type), while supporting LRC’s antiwar and anti-police state positions.

Another point. In things of which  I know something, I can clearly spot the flaws and limitations of Rothbard’s arguments, which makes me think that in areas in which I am uncertain, he must be flawed too.

Anyway, Feser’s points don’t need any great acquaintance with Rothbard’s economic reasoning to follow. They are points that have occurred to me on and off, as I’ve read the great (?) man.

But frankly, my increasing disinterest in Rothbard has grown from more intuitive roots.

First, there is something cocky, smug, and shallow in the writing itself….despite its superficial good humor and sense.

Then, there are the stories of plagiarism – something which intensely prejudices me against a writer. And there are his attacks on writers many would consider his superior, like Ayn Rand and Adam Smith.  I wonder how much of envy lay behind all that.

On the many people whom he knew and taught, he seems to have had a profound influence, which speaks well of him. But I haven’t had the pleasure of knowing him personally, so my judgement must be from what I read of him.

And from reading him, and reading of him,  I get the picture of a shallow, bright, abrasive man, who thought very highly of himself, yet plagiarized often, and covered up the lack of originality by attacking others, attacks that his followers continue, see here,

as well as here.

[Rand was the most famous instance of Rothbard’s plagiarism. But he also borrowed from Spooner, as Feser points out. And a commenter at this blog adds this:

“The first part of his book on the history of American banking drew on a report about the “Suffolk System” published by that bank, but since buried in the archives. After finding a bad microfilm copy at my university library, I paid the Adam Smith Institute to send me a good one. (I also bought one of their neckties.) Rothbard plagiarized heavily from the original Suffolk Banking System and, worse, projected his own anarchist opinions on the facts of history. As a criminologist, I am fully sympathetic to a free market in protection and adjudication, but the fact is that the Suffolk System was not destroyed by the evil machinations of Salmon P. Chase’s Treasury Department.”

So, if Rand has her flaws (and she does), Rothbard has his, analyzed at length in this piece by G. Stolyarov.

Meanwhile, in general power of reasoning, insight into the psychology of the modern mind, and overall influence, frankly, Rothbard cannot hold a candle to Rand, whatever powers he might have as a historian or economist.

There is a reason that the left attacks her, not him.

Yes, We Have A Banana Republic…

Linh Dinh at Counterpunch describes the good part of the US descent into a banana-republic:

“It’s all going according to plan, this transformation of the US into a police state and Third-World nation, but what’s meant by “Third World,” exactly? A Third World country is one that is poor, with inadequate infrastructure, an obscene wealth gap and a corrupt government. America is by far the most-indebted nation on earth, with a record-setting trade deficit, so we are, in effect, much poorer than Greece, Zimbabwe, Somalia or any other basket case, but it hasn’t become manifest because we have guns, missiles and drones pointing in all directions. Using our gargantuan military to hold the world hostage, we receive more foreign aids, in the form of debts, than all the other nations combined. Riding a nuclear-armed mobility scooter, America is a gross welfare queen barging down the world’s sidewalk, but this is how an empire is supposed to work, many will smirk, and they are right, of course, until this extortion racket falls apart, and soon enough. Preparing for the inevitable, our ruling class is becoming more belligerent abroad, in a last ditch effort to prolong its advantages, and nastier at home, to slap down domestic rage at a sinking standard of living. Splurging beyond our means for decades, we will revert to the universal means, and not because we care about justice or equality, but because we don’t have a choice.

Just as there are pockets of First World opulence and luxury in even the most dismal Third World countries, rich nations also have stretches of Third World squalidness and destitution, but Third World isn’t all bad. Not by far. To survive on little requires enterprise, resourcefulness and cooperation, virtues that will emerge and even blossom as we slide downward. Ubiquitous in most Third World countries, peddlers will make a comeback here, and the black market will thrive. As globalism recedes, the local will rise. Instead of being slaves to huge corporations, we will become tiny businessmen, as long as we’re not hunted down, then fined or locked up…..

Back to the positive aspect. Each home can become a store or a restaurant. Each car is a gypsy cab. In totalitarian Vietnam, the government actually gives its people much more leeway to conduct petty business than is allowed in America. A private home can display a table with, say, five cans of soda, two brands of cigarettes and some candies, and that’s a store, though nobody is manning it most of the time. To get service, you might have to shout. It’s not their only source of income, but this pee wee initiative does bring in a buck or two a day, so it’s better than nothing. ….. There is no welfare, food stamps or Social Security in a Third World country, no safety net outside of your extended family……

One can say that the United States is becoming a police state because it is turning into a Third World country. Already, choppers snake through skyscraper canyons and tanks roll down main streets. The police state protects and advances the interests of the ruling class, which in our case is the military banking complex, and since an informal market nibbles at the profits of banks and corporations, you can expect their henchmen, cops and regulators, to stomp hard on us smallest fries. (Underpaid in a collapsed economy, cops will also use these opportunities to shake us down, so that’s a kind of tax we’ll have to pay.) In any case, it appears that as we become poorer and thinner, not to mention more enterprising or devious, and more colorful too, since everyday will be casual Friday, we will have to fend off our bullying state, if not the gangs that rise up in its place.”

Indian Cops Go After Online Game Bomb

Sidin Vadukut comments on the Keystone Kops of the Indian government:

“Like most other Indians, my opinion of my government and its various agencies is very poor indeed. It is one of the wonders of the modern age how this nation gets by while the guys in charge mess up financial data, forget which country they represent at the UN, and in every other way get by in a thick, stinking haze of moronic incompetence.

Delhi Police, I am glad to say, is no different. If they are the first line of defence that the capital against law and order problems then Delhi–women, childern and all–is screwed. Kindly peruse the following story from the Times of India website. And weep.

Idiots run this country.

Delhi cops find ‘sticky bomb’ in game?

NEW DELHI: On Tuesday, police commissioner B K Gupta told reporters he had spent hours researching sticky bombs. Officers then distributed printouts which ostensibly explained what a sticky bomb is.

The printout stated, “Sticky bombs are a type of explosives crafted from one Bomb and 5 Gel. At point blank range, it can cause a total of 100 damage to mobs and 200 to the player”. It also listed ‘Statistics’ as: Damage 100, Max Stack 50, Shoot Speed 5, Use Time 24, Sell 1.

These seem unusual ingredients for making a bomb. A net search showed the matter seemed to have been downloaded from Terraria Wiki, used by gamers who play online game Terraria.

I don’t know what to say. I really don’t.

Hours researching sticky bombs? Wanker.

If you live in Delhi, I hope you feel safe knowing that your police force is infested with imbeciles.

India Broadband Forum has a fitting GIF for the occasion

Globalist Power In America

Jeff Thomas in LRC:

The Patriot Act (Passed in 2001 and extended in in 2011 with additional controls) expands law enforcement powers and removes civil liberties and constitutionally guaranteed rights. www.renewamerica.com/columns/webster/090419

The National Defense Authorization Act, passed on 31st December, 2011, allows the indefinite imprisonment by the military of any “suspects” (including American citizens on American soil) without allowing due process of law. www.en.wikipedia.org/nationaldefenseauthorisationact

The MAP-21 Bill, which allows the Internal Revenue Service to suspend the passport rights of Americans, based on the premise that their tax obligations may be unfulfilled. www.losangeles.cbslocal.com/2012/IRSbill

The National Defense Resources Preparedness order, created in March, 2012, allows the President to take over control of all food, water, labour and industry in the US, “to promote national defense.” www.naturalnews.com/035301/Obamaexecutiveorders 30,000

Drones to fly over the US allowed by executive order, February, 2012, providing the government with an Orwellian surveillance ability and a killing capacity ranging from selected individuals to entire communities. www.wsws.org/articles/2012/jun2012/pers-j21.shtml

FEMA Interment Camps, to be constructed in every state, with 3 – 15 in each state, for an undisclosed purpose. www.americanthinker.com

Compounds to store “disposable coffins,” each with hundreds of thousands of 4-5 person coffins stored near city centres around the country. www.youtube.com/watch?v=ERaw6AW7Zec

450 million hollow point bullets ordered by the Department of Homeland Security To be used domestically. (The DHS is not responsible for addressing national invasions or overseas wars; it exists solely for the control of internal disorder. Hollow point bullets are not intended for sharpshooting – they are designed specifically to maximize tissue damage.) www.articles.businessinsider.com

Comment:

If this doesn’t wake up people, I don’t know what will.

Print it out. Plaster it everywhere you can. Pass it to people who don’t read the papers, or people who only listen to Mark Levin (grrr-rrr).

I am emailing it to friends in India, who think of me with amused benevolence as some kind of  harmless loco, like one of those rural preachers scaring their flock about the second coming.

If it’s so bad, they tell me, why does everyone want to go to America? Why are people falling over themselves for a green card?

[In the last decade of liberalization, India has become one of the most pro-American countries in the world.  Pro-capitalist too, from the soaring  sales of Ayn Rand’s books there.]

So this is for all of you ammas and appas, thaathas and  paatis, annas, thambis, thangachisbhaiyyas who are always saying things like –

“Why do you want to blog about such things?”

“Arrey, you’re asking for  big trouble.”

“They are not going to like some foreigner writing about their government. Just stop it.”

“Probably there’s a reason if the government is doing it.”

Here’s my answer to all of you:

Green cards are not everything.  Yes, the Indian passport is one of the most restrictive in the world. Yes, the rupee has fallen recently like no other currency. Yes, there are  current cuts for hours,  continual carnage on the roads,   filth on the streets,  bureaucratic muddles that put Kafka to shame, and whole-sale corruption.  But poverty and inefficiency has its uses. The Indian government hasn’t got the resources to police the entire country as they do here. The black economy there is too powerful to be destroyed. The criminals out of power keep the criminals in power in check.  It is a murky compromise. But it is a compromise.

Here, there is no compromise.

Here, there is only the razor-edge uncompromising division between us and them,  true and false, good and evil.

Here, we cannot compromise with evil, because we cannot find it within us, only outside, out there, in the other fellow.

And so we have given evil a name and a place, and we have made an appointment to meet it. We have loaded the bullets and sharpened the knives.

We have dug the grave in which we will bury it.

Now nothing will stop us from keeping our appointment.

Even though that grave may  become our own.

Rajat Gupta: Harassed After Objecting To Rakoff Rulings

I’ve copy-pasted the following posts from the blog of Benula Bensam, the 24 year old Indian-born American and law student, who sent Judge Rakoff letters discussing the basis for his rulings on the evidence in the Gupta case. Rakoff reprimanded her and told her to stop.  When Goldman CEO Lloyd Blankfein showed up in court to testify for the prosecution, she was asked to leave and her cell phone was confiscated by federal marshalls. Apparently, she was also photographed by the marshalls.  Rakoff says he didn’t know about the intimidation by the court officers.

She stopped blogging and took down her old posts, but the three letters she sent to Rakoff still remain up. Here they are:

[I can’t use the insert links function on my blog, so I am forced to just copy-paste the material without editing]

 

  1.                 Although the daily posts of the Gupta trial have been discontinued and old posts removed, I will be silently steadfast against the U.S. Marshalls’ tactics of intimidation by continuing to attend the hearings.
     
                    To have an open debate about the three letters addressed to Judge Rakoff which precipitated the involvement of the U.S. Marshalls, I have posted them here. The first was delivered typed but the last two were transcribed to hand print because of problems with my home printer so there may have been slight changes made to choice of words in the process of that transcription. 
     
    June 7, 2012

    Note on timestamp:
    The timestamp on this site was incorrect when these posts were published.
    Note on press coverage:
    There were varying degrees of accuracy in the reporting of the statements I made to the press. There were favorable articles of me in reputable papers that did not accurately state or quote what I said. There were rather critical articles from less reputable papers that nevertheless accurately stated what I said.
    June 9, 2012

    Posted 3 weeks ago by
     
  2. To: Judge Rakoff
    Date: June 4, 2012
    Re: Expectation of a benefit
     
     
     
     
                In Friday’s finding that the expectation of some monetary return for supplying insider information is sufficient to meet the “benefit” element of an insider trading crime, I wondered if it was relevant only for the conspiracy to commit the crime or for the actual crime as well. Perhaps the disparate results of two similarly situated Defendants where one profited from the insider information and the other did not for extraneous reasons such as other market forces or trader skill, would influence such a decision.
     
     
     
    Sincerely,
     
    Benula Bensam
    Posted 3 weeks ago by
     
  3. To: Judge Rakoff
    Date: May 29, 2012
    Re: Co-conspirator theory
     
     
    Phone calls from the McKinsey office and a call from Switzerland were used to find a conspiracy of insider trading but the evidence may only have established the identity of the caller to be Gupta (out of all other possible tippers to which Rajaratnam had access) without establishing an intent. Rather, intent was assumed in this admissibility hearing. The fact that Gupta may have been close friends with Rajaratnam does not allow for a direct line of reasoning between identity and intent (although the Defense’s central argument is that the two did not have a close relationship) or where the contents of the conversations are unknown (perhaps the FBI did not have many “pertinent” calls between Gupta and Rajaratnam not because they did not frequently speak but because their conversations were personal and benign; the tape played regarding Goldman’s consideration of an AIG option may only show Gupta’s mistaken belief that strategies not pursued or rejected are confidential no longer). Unlike the sinking of a ship off the coast of the European continent to collect insurance payoffs (DeGeorge case- prior criminal acts used to prove identity alone; analogous to the Swiss call to augment the admissibility of the McKinsey call), the act can not be directly linked to the consciousness of wrongdoing.
                                                                                                                                                                                      
     
     
    Sincerely,
     
    Benula Bensam
    Posted 3 weeks ago by
     
  4. To: Judge Rakoff
    Date: May 24, 2012
    Re: William W. George and “Confidential” information
     
    Although you admitted it was a bad example, an analogy was made to narcotics crimes where some third person may testify to their understanding of “sugar” in order to prove that a defendant would also have known of the cocaine. While the meaning of “sugar” to those in the narcotics trade has a definite meaning because it refers to some physical, tangible object, the meaning of “confidential” information does not have any definite form. So, there may be an understanding of what “confidential” means to people at Goldman Sachs but this meaning may or may not be the same as the meaning of the word in the criminal statute defining insider information. One may assume that Goldman’s Code on confidentiality may be more stringent than the statute and thus any violation of Goldman’s Code would be a violation of the statute, but this assumption can not be automatically made and perhaps should be left for the jury to determine. Another problem is that even the understanding of what “confidential” information means in the context of Goldman’s Code may be varied amongst those at Goldman Sachs. There was for example, no printed disclaimer at the beginning of the Goldman Sachs Board meeting in Russia that all is “confidential” (and even if there were such a disclaimer, it would only present a rebuttable assumption of confidentiality).
     
     Perhaps the best solution would be to allow the prosecution to ask William W. George,
     1. Did he speak about the any part of the communications made in the Board meeting with anyone who   
         was not at the meeting?
    2. If not, did he feel that he was at liberty to do so if he wished?
     3. Did he hear at anytime any others present at that Board meeting discuss the information presented
        at that meeting with anyone not in attendance? (This last question may be modified to
        avoid hearsay problems).
     
     This would allow the jury to decide whether or not to draw the inference that if another member of the Goldman Sachs Board felt the information related to have been confidential, Gupta would also have taken this view (Is there a possibility that the witness may plead the 5th?).
     
    The words ‘“confidential” information’ should NOT be categorized as industry jargon; it is not precise enough (as “sugar” or “FINS” or “tape” or even “LOL”) to constitute industry jargon.  This is especially important where in the context of this case, “confidential” is a legal term, a term in common use, and a term in a company’s Corporate documents.
     
    Sincerely,
     
    Benula Bensam
    Posted 3 weeks ago by
     
  5. I was sent out of the courtroom today by U.S. Marshalls. They refused to return my cell phone and took a picture of me using their camera phone over my objections.

    Should I protest outside of the Courthouse? Tomorrow?

    Posted 4 weeks

Preet Bharara – Overhyped and Toothless

Gary Weiss in Salon

“Yet nowhere in Gabriel Sherman’s well-researched piece in New York is there even one mention of Preet Bharara.

There’s a simple reason for that:  Preet Bharara is not busting Wall Street. He’s not collaring the masters of the meltdown. He’s done nothing to even slightly discomfit Wall Street’s still-ferocious money machine, or has yet to bring to justice the architects, enablers and continuers of the 2008 financial crisis — the bankers who got us into that mess, and the ones who are continuing to extract pain from foreclosed homeowners, in the New York area and beyond.

As a matter of fact, his over-hyped insider-trading prosecutions, the main focus of the Time piece, are doing the Street a favor, by targeting people who actually ripped off Wall Street — individuals like hedge fund managers Raj Rajaratnam and Danielle Chiesi, who functioned a bit like the goons who used to dope race horses in the old days.

Bharara’s insider trading targets rigged the game for their own profit by illegally misappropriating information, in effect stealing from their employers and other investors, just as the horse-dopers cheated racetracks and other betters. Another analogy, also from the racetracks of old, would be to the scam artists who used to “past-post”: bet on races after they knew the outcome.

That’s how insider trading works. It’s a form of theft and cheating. It’s bad. Bharara was right to prosecute them, just as he has aggressively pursued drug gangs in the outer boroughs. But let’s be clear on something: The big players, the Goldman Sachses, Merrill Lynches, Banks of America and so on, don’t like insider trading any more than Preet Bharara does.

And none of his criminal prosecutions to date — including his recent bust of three high-ranking former Credit Suisse execs, accused of rigging the value of mortgage bonds they held in 2008 — had any connection to the pain being felt by Americans today, which can be directly traced to the misconduct of mortgage bankers and derivatives traders in the run-up to the financial crisis.

The real perps of the financial crisis haven’t been in Bharara’s — or the Justice Department’s — cross hairs for a single moment since Barack Obama took office three years ago. It’s one of the most troublesome failings of his administration.”

Rajat Gupta Verdict: Insider-Trading & IP Theft By The Govt

“Anyone can benefit from insider information but not anyone can afford a supercomputer. They may both provide – with fair certainty – a market advantage but only one advantage will be prosecuted.”

–    Anthony Wile, The Daily Bell