Posts tagged scandel
Gary Franchi and Next News Network interview Trends forecaster Gerald Celente covering our current condition and future paths. Topics discussed cover the economy, the power play behind ever expanding wars and the natural resources involved, Wall Street and the government blessing to the “too big to fail” organizations plus the recent gun control moves by the administration and the history behind it all.
Ben Swann Reality Check takes a look at some stunning new accusations by a high ranking member of the Sinaloa Drug Cartel that Fast and Furious was about the U.S. supporting one cartel while attempting to shut down others
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By JOE NOCERA
Here in the early stages of the Libor scandal — and, yes, this thing is far from over — there are two big surprises.
The first is that the bankers, traders, executives and others involved would so openly and, in some cases, gleefully collude to manipulate this key interest rate for their own benefit. With all the seedy bank behavior that has been exposed since the financial crisis, it’s stunning that there’s still dirty laundry left to be aired. We’ve had predatory subprime lending, fraudulent ratings, excessive risk-taking and even clients being taken advantage of in order to unload toxic mortgages.
Yet even with these precedents, the Libor scandal still manages to shock. Libor — that’s the London interbank offered rate — represents a series of interest rates at which banks make unsecured loans to each other. More important, it is a benchmark that many financial instruments are pegged to. The Commodity Futures Trading Commission, which doggedly pursued the wrongdoing and brought the scandal to light, estimates that some $350 trillion worth of derivatives and $10 trillion worth of loans are based on Libor.
With so much depending on this one critical interest rate, there shouldn’t ever be a question about its reliability. Yet beginning in 2005, according to the C.F.T.C. and the Justice Department, derivative traders at Barclays, the too-big-to-fail British bank, with the active involvement of traders at other yet-unnamed banks, persuaded their fellow bank employees to submit Libor numbers that were shaded in ways that would help ensure their trades were profitable. Even Robert Diamond Jr., the former Barclays chief executive who lost his job over the scandal, said that reading the traders’ e-mails made him “physically ill.”
This is a strange one.
Luke Rudkowski launched an ambush interview of Rand Paul and asked questions relating to his endorsement of Mitt Romney and Romney ties to Bilderberg. Senator Paul ignored Rudkowski’s questions. He wouldn’t even diss the Bilderberg group.
The clip jumps to Abby Martin who tries to asks questions about Romney positions. He ignores her.
If Rand is going to endorse Romney as enthusiastically as he did, he better have some sound bites in response to questions about Romney’s positions.
I do not need at ask questions or make assumptions, you make it on your own, and feel frre to comment your thoughts.
Folks, I am not going to say that this is a given but all reports seem to point towards a manipulation of the votes in Iowa during the caucuses. Below are videos from a few sources, you make up your own mind. Please note that I posted the first one the night before the caucuses , way before the first vote was ever cast. Let me know your thoughts and any additional stories to tie in for additional references.
Night before the caucuses, posted here: Republican Strategist: Iowa GOP Will Not Allow Ron Paul To Win
I have yet to hear back who this woman is from Iowa GOP, not surprising. I hear her first name be be named DeeDee? Same Teaparty DeeDee?
Now we have newer reports after the fact, of which this is just a small representation.
Edward True, 28, of Moulton, said he helped count the votes and jotted the results down on a piece of paper to post to his Facebook page. He said when he checked to make sure the Republican Party of Iowa got the count right, he said he was shocked to find they hadn’t.
In the wake of Mitt Romney’s dramatic close finish in Iowa, Rob Dew will put together a number of reports on anomalies during the Iowa caucus voting process, with focus on Clinton County, where a ‘computer glitch’ reportedly delayed a vote count. Audio from the head of Clinton County Republican Women’s Club gives us some important information on this issue. Put that into perspective with lax voter ID requirements, reports that lights went out during vote tallies, the reported secret vote counting locations, letters from our readers (that will be covered by Dew) and much more.
For more on the story visit Iowa Officials Deny Vote Count Error Reports As “Rumor, Innuendo, Allegation”
Again, another report.
Yet more, 1 more report.
So New Hampshire, what flavor of honesty will you provide? Classic display of Chicago politics carried out in Iowa. Let us hope it is an isolated case of GOP corruption. Just know, we are watching.
Now more than every we need the Champion of the Constitution!
Please visit Ron Paul’s official campaign site by following the link below and donate today!
A report published by Politico late Sunday night reveals that two women accused Herman Cain of sexual harassment while he was head of the National Restaurant Assn. in the late 1990s.
The Republican presidential candidate and retired pizza chain executive has refused to comment on the allegations, but a campaign spokesman told Politico that Cain was “vaguely familiar” with the charges.
The two women had worked at the restaurant trade group under Cain, but left their posts after complaining about his behavior. The women signed agreements with the association that included financial payouts and barred them from discussing their departures, according to the Politico report.
Sources told Politico that the behavior included, “conversations allegedly filled with innuendo or personal questions of a sexually suggestive nature, taking place at hotels during conferences, at other officially sanctioned restaurant association events and at the association’s offices.”
Cain refused Sunday to discuss the matter when a Politico reporter approached him on the street in Washington, D.C.
Cain said he would not comment until he saw “some facts or some concrete evidence.”
“Have you ever been accused, sir, in your life of harassment by a woman?” a reporter asked.
Cain replied: “Have you ever been accused of sexual harassment?”
Cain is scheduled to appear Monday morning at the American Enterprise Institute in Washington, where he will discuss his “9-9-9″ tax plan.
Frank Miniter, who wrote this piece, is the author of Saving the Bill of Rights and The Ultimate Man’s Survival Guide.
Why a gunrunning scandal codenamed “Fast and Furious,” a program run secretly by the U.S. government that sent thousands of firearms over an international border and directly into the hands of criminals, hasn’t been pursued by an army of reporters all trying to be the next Bob Woodward or Carl Bernstein is a story in itself.
But the state of modern journalism aside, this scandal is so inflammatory few realize that official records show the current director of the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF), B. Todd Jones — yes the individual the Obama administration brought in to replace ATF Director Kenneth Melson Aug. 30 in an effort to deflect congressional criticism — also has questions to answer about his involvement in this gunrunning scandal.
Fast and Furious was an operation so cloak-and-dagger Mexican authorities weren’t even notified that thousands of semi-automatic firearms were being sold to people in Arizona thought to have links to Mexican drug cartels. According to ATF whistleblowers, in 2009 the U.S. government began instructing gun storeowners to break the law by selling firearms to suspected criminals. ATF agents then, again according to testimony by ATF agents turned whistleblowers, were ordered not to intercept the smugglers but rather to let the guns “walk” across the U.S.-Mexican border and into the hands of Mexican drug-trafficking organizations.
When the Gunrunning Program Began
A Jan. 8, 2010 briefing paper from the ATF Phoenix Field Division Group VII says: “This investigation has currently identified more than 20 individual connected straw purchasers…. To date (September 2009-present) this group has purchased in excess of 650 firearms (mainly AK-47 variants) for which they have paid cash totaling more than $350,000.”
This is an important fact because the U.S. Justice Department hasn’t made it clear to tell congressional investigators when the Fast and Furious operation began and who authorized it; as a result, this ATF briefing paper’s mention of September 2009 is thus far the earliest we can trace the operation.
The next important event we know of occurred in October 2009 when the ATF’s Phoenix Field Division established a gun-trafficking group called “Group VII.” Group VII began using the strategy of allowing suspects to walk away with illegally purchased guns, according to a report from the U.S. House Oversight and Government Reform Committee and the staff of Sen. Charles Grassley (R-Iowa), ranking member of the U.S. Senate Judiciary Committee. The report says, “The purpose was to wait and watch, in hope that law enforcement could identify other members of a trafficking network and build a large, complex conspiracy case…. Group VII initially began using the new gunwalking tactics in one of its investigations to further the Department’s strategy. The case was soon renamed ‘Operation Fast and Furious.’”
This report and later official explanations from the ATF say the Fast and Furious program was created to deal with the problem that arresting low-level suspects doesn’t necessarily help ATF agents get to the heads of Mexican cartels.
On Oct. 26, 2009, a month or so after Fast and Furious seems to have been initiated, a document shows that a teleconference was held between 13 officials. One of the issues discussed was the possible “adoption of the Department’s strategy for Combating Mexican Drug Cartels.” The officials listed to have been in on the call included Kenneth Melson, who was then the director of the ATF, Robert Mueller, the director of the FBI and a number of attorneys with the U.S. Department of Justice. B. Todd Jones, the current director of the ATF, was not listed in the document, but the title he held in September 2009 is listed as being in on the conference call. It doesn’t take much reporting to fin http://www.forbes.com/sites/realspin/2011/09/28/fast-and-furious-just-might-be-president-obamas-watergate/2/d out that in September 2009 Jones was the chair of the Attorney General’s Advisory Committee (AGAC) and so was at least supposed to be in on the conference call. (When asked about the teleconference, an ATF spokeswoman told us “we don’t discuss active investigations.”)
Read the rest here: http://www.forbes.com