Christian Gomez
The New American
August 30, 2010
In an exclusive interview with Kitco News, Congressman Ron Paul (R-Texas) revealed that next year at the start of the newly inaugurated 112th United States Congress, he would introduce a new bill to audit the U.S. gold reserves, which are reportedly stored at the New York Federal Reserve and Fort Knox.
The reason behind this bill is that in the event “we ever get around to deciding we should use gold in relationship to our currency, we ought to know how much is there,” Paul told Kitco.
“Our Federal Reserve admits to nothing, and they should prove all the gold is there. There is a reason to be suspicious, and even if you are not suspicious, why wouldn’t you have an audit?” said Paul.
This is not the first time Rep. Ron Paul has suggested that there be a full audit of the county’s gold reserves. Paul recalled that “In the early 1980s when I was on the gold commission, I asked to recommend to Congress that they audit the gold reserves – we had 17 members of the commission and 15 voted not to [recommend] the audit.”
The two votes in favor of an audit came from the two gold advocates who pushed for the creation of the commission in the first place – Senator Jesse Helms (R-N.C.) and Rep. Ron Paul.
Let’s Get Real: Having a Healthy Food Supply is Essential
At the time, Sen. Helms and Rep. Paul were the leaders of Congress’s gold coalition, which included Republicans Sen. James McClure of Idaho, Sen. Barry Goldwater of Arizona, Rep. Philip Crane of Illinois, Rep. James Collins of Texas, Rep. Steven Symms of Idaho, and Democratic Rep. Larry McDonald of Georgia, the latter of whom was at the time also a National Council member of the John Birch Society.
In fact, Rep. McDonald introduced a similar bill to that of Ron Paul’s newly proposed 2011 gold reserve audit bill. In 1979, Rep. McDonald sponsored H.R. 555, entitled: “A bill to require the Comptroller General of the United States to audit annually the gold held by the United States on the first day of each fiscal year and to report his findings to Congress.” McDonald presented the same bill again the next year, this time as H.R.555, and was unable to garner any cosponsors.
Read full article
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
Future Headline:
Terror attacks on Fort Knox and New York Federal Reserve, Gold Missing
Pages
▼
Tuesday, August 31, 2010
Government Think Tank Calls For Infiltrating Conspiracy Websites
Paul Joseph Watson
Infowars.com
Monday, August 30, 2010
infowars
...In other words, the fact that the overwhelming amount of evidence indicates that both 7/7 and 9/11 were “inside jobs” of one form or another, and that huge numbers of people are now aware of this via the increasing influence of the Internet, is hampering efforts to commit more acts of terror, therefore the government needs to change its strategy.
In the report, Demos, “Recommends the Government fight back by infiltrating internet sites to dispute these theories.” One of the tools Demos already employs to “fight back” against conspiracy theories is by labeling anyone who challenges the government’s official story as an extremist or a terrorist recruiter.
The strategy mirrors that advocated by White House information czar Cass Sunstein, who in a 2008 white paper similarly called for conspiracy websites to be infiltrated and undermined in order to dilute their influence. In the same report, Sunstein also called for taxing conspiracy theories (any viewpoint that differs with the official version) and outright banning free speech that the authorities disapproved of.
Infowars.com
Monday, August 30, 2010
infowars
...In other words, the fact that the overwhelming amount of evidence indicates that both 7/7 and 9/11 were “inside jobs” of one form or another, and that huge numbers of people are now aware of this via the increasing influence of the Internet, is hampering efforts to commit more acts of terror, therefore the government needs to change its strategy.
In the report, Demos, “Recommends the Government fight back by infiltrating internet sites to dispute these theories.” One of the tools Demos already employs to “fight back” against conspiracy theories is by labeling anyone who challenges the government’s official story as an extremist or a terrorist recruiter.
The strategy mirrors that advocated by White House information czar Cass Sunstein, who in a 2008 white paper similarly called for conspiracy websites to be infiltrated and undermined in order to dilute their influence. In the same report, Sunstein also called for taxing conspiracy theories (any viewpoint that differs with the official version) and outright banning free speech that the authorities disapproved of.
Afghanistan bomb attacks kill twenty-one US soldiers in 48 hours
Twenty-one American troops have been killed in Afghanistan since Friday in one of the bloodiest periods of the summer.
By Ben Farmer, in Kabul
Published: 11:56AM BST 31 Aug 2010
A series of bomb attacks have badly hit US troops in eastern and southern Afghanistan in the past 48 hours.
The death toll among in the Nato-led coalition has reached 484 this year and is predicted to far surpass 2009’s total of 521.
Deaths have risen consistently each year since 2001. Afghan police and civilians have suffered far higher casualties.
The coalition blames the rise in troop deaths partly on the influx of reinforcements, which is allowing commanders to target previously untouched insurgent safe havens where rebels are mounting stiff resistance.
Gen David Petraeus, senior US and Nato commander in the country, warned last week fighting would “get harder before it gets easier”.
In two of the most deadly recent incidents, three Americans died in eastern Afghanistan on one bomb attack on Tuesday. Five died in a single bomb attack in the south on Monday.
Military spokesmen would not say if the bombs hit vehicles or foot patrols.
Homemade bombs using old shells or homemade explosives and hidden in roads, tracks, walls, streams and buildings have become the Taliban’s favoured weapon.
Their use has sparked an arms race with foreign troops evolving tactics, or relying on more heavily armed vehicles and mine detectors to try and avoid them.
========================================================================
Like I've said so many times before:
The more things change, the more they stay the same.
Someone remind me, what are we fighting for?
By Ben Farmer, in Kabul
Published: 11:56AM BST 31 Aug 2010
A series of bomb attacks have badly hit US troops in eastern and southern Afghanistan in the past 48 hours.
The death toll among in the Nato-led coalition has reached 484 this year and is predicted to far surpass 2009’s total of 521.
Deaths have risen consistently each year since 2001. Afghan police and civilians have suffered far higher casualties.
The coalition blames the rise in troop deaths partly on the influx of reinforcements, which is allowing commanders to target previously untouched insurgent safe havens where rebels are mounting stiff resistance.
Gen David Petraeus, senior US and Nato commander in the country, warned last week fighting would “get harder before it gets easier”.
In two of the most deadly recent incidents, three Americans died in eastern Afghanistan on one bomb attack on Tuesday. Five died in a single bomb attack in the south on Monday.
Military spokesmen would not say if the bombs hit vehicles or foot patrols.
Homemade bombs using old shells or homemade explosives and hidden in roads, tracks, walls, streams and buildings have become the Taliban’s favoured weapon.
Their use has sparked an arms race with foreign troops evolving tactics, or relying on more heavily armed vehicles and mine detectors to try and avoid them.
========================================================================
Like I've said so many times before:
The more things change, the more they stay the same.
Someone remind me, what are we fighting for?
21,000 people evacuated as Indonesian volcano continues to spew ash for miles around
By Mail Foreign Service
Last updated at 12:55 PM on 31st August 2010
Aircraft have had to be diverted and more than 21,000 people evacuated after an Indonesian volcano erupted for the second day in a row.
Towering clouds of ash are being spewed out of Mount Sinabung in North Sumatra and thousands of villagers living on its slopes have been forced to head to emergency shelters, mosques and churches.
Homes and fields containing crops have been blanketed in heavy, gray soot and the air near the volcano is thick with the smell of sulphur.
Mt Sinabung last erupted in 1600, so observers don't know its eruption pattern and admitted over the weekend that it had not been closely monitored before it erupted on Sunday.
Two people have died, one from breathing problems and the other from a heart attack, and two suffered injuries in road accidents as trucks, ambulances and buses were mobilised in the rescue operation.
Like other volcanoes along the Sumatra fault line - where the Eurasian and Pacific tectonic plates push against each other - it has the potential to be very destructive, according to disaster researcher Erick Ridzky.
A larger blast has the potential to obscure visibility he said, affecting air traffic in nearby Singapore and Malaysia.
Several domestic flights heading to the provincial capital of Medan have had to be diverted, according to the Indonesian Transportation Ministry
Surono, a government volcanologist, said: 'The problem is, we really have no idea what to expect.
'We don't know what set it off, how long it will continue or whether to expect pyroclastic flows or more powerful eruptions.'
So far, around 21,000 people have been evacuated and food, emergency tents and medicine is being flown to the area.
The government has set up public kitchens for refugees and handed out more than 17,000 respiratory masks.
Indonesia is spread across 17,500 islands and is prone to volcanic eruptions and earthquakes because of its location within the so-called 'Ring of Fire' - a series of fault lines stretching from the Western Hemisphere through Japan and Southeast Asia.
It is also home to some of the largest eruptions in recorded history.
The 1815 explosion of Mount Tambora buried the inhabitants of Sumbawa Island under searing ash, gas and rock - killing an estimated 88,000 people.
Krakatoa in 1883, which was heard nearly 2,000 miles away, sent surges of gas and burning ash that, combined with a tsunami, left 36,000 dead.
Read more: http://www.dailymail.co.uk/news/worldnews/article-1307360/21k-people-evacuated-Indonesian-volcano-continues-spew-ash.html#ixzz0yCNsfpfP
Last updated at 12:55 PM on 31st August 2010
Aircraft have had to be diverted and more than 21,000 people evacuated after an Indonesian volcano erupted for the second day in a row.
Towering clouds of ash are being spewed out of Mount Sinabung in North Sumatra and thousands of villagers living on its slopes have been forced to head to emergency shelters, mosques and churches.
Homes and fields containing crops have been blanketed in heavy, gray soot and the air near the volcano is thick with the smell of sulphur.
Mt Sinabung last erupted in 1600, so observers don't know its eruption pattern and admitted over the weekend that it had not been closely monitored before it erupted on Sunday.
Two people have died, one from breathing problems and the other from a heart attack, and two suffered injuries in road accidents as trucks, ambulances and buses were mobilised in the rescue operation.
Like other volcanoes along the Sumatra fault line - where the Eurasian and Pacific tectonic plates push against each other - it has the potential to be very destructive, according to disaster researcher Erick Ridzky.
A larger blast has the potential to obscure visibility he said, affecting air traffic in nearby Singapore and Malaysia.
Several domestic flights heading to the provincial capital of Medan have had to be diverted, according to the Indonesian Transportation Ministry
Surono, a government volcanologist, said: 'The problem is, we really have no idea what to expect.
'We don't know what set it off, how long it will continue or whether to expect pyroclastic flows or more powerful eruptions.'
So far, around 21,000 people have been evacuated and food, emergency tents and medicine is being flown to the area.
The government has set up public kitchens for refugees and handed out more than 17,000 respiratory masks.
Indonesia is spread across 17,500 islands and is prone to volcanic eruptions and earthquakes because of its location within the so-called 'Ring of Fire' - a series of fault lines stretching from the Western Hemisphere through Japan and Southeast Asia.
It is also home to some of the largest eruptions in recorded history.
The 1815 explosion of Mount Tambora buried the inhabitants of Sumbawa Island under searing ash, gas and rock - killing an estimated 88,000 people.
Krakatoa in 1883, which was heard nearly 2,000 miles away, sent surges of gas and burning ash that, combined with a tsunami, left 36,000 dead.
Read more: http://www.dailymail.co.uk/news/worldnews/article-1307360/21k-people-evacuated-Indonesian-volcano-continues-spew-ash.html#ixzz0yCNsfpfP
Monday, August 30, 2010
Vaccine Deaths And Injuries Skyrocket As Cover-Up Implodes
Global revolt against deadly vaccines spreads as cases of debilitating illnesses, soft-kill side-effects and even instant deaths become widespread
Paul Joseph Watson
Prison Planet.com
Monday, August 30, 2010
Cases of debilitating illnesses, soft-kill side-effects and even instant deaths as a result of vaccinations across the world are skyrocketing as the cover-up of deadly inoculations implodes and more people than ever become suspicious about what they are being injected with by health authorities who have proven they cannot be trusted.
The implosion of the vaccine cover-up is sure to discourage more parents from vaccinating their children in the coming months, with the swine flu shot now being combined with the regular seasonal flu jab. A recent Rasmussen poll found that 52 per cent of Americans were concerned about the safety of vaccines as we approach the start of school and college terms, where many children and teenagers will be “required” to take shots before they can attend.
A global revolt against dangerous vaccines is brewing following a series of cases where children have been killed as a direct result of inoculations.
A measles vaccination program in India was halted after four children died almost immediately after receiving the shot. “Four children died within minutes of receiving a vaccine for measles followed by drops of Vitamin A solution on Saturday,” reports MedGuru.
Indian newspaper reports carried eyewitness accounts of what happened. “The four children were reported to have fainted soon after they were vaccinated and witnesses reported seeing the children’s eyes roll back as they began to have seizures,” reports Blitz.
Furious villagers reacted to the tragedy by going on a rampage, attacking health workers and holding government doctors hostage.
Health professionals and doctors with government ties were also blamed in Finland and Sweden after a H1N1 vaccination program was halted following a 300 per cent increase in cases of the neurological disorder narcolepsy amongst children and young people who had received the shot over the last six months.
According to Kari Lankinen, head physician of the Finnish Medicines Agency, doctors were complicit in hiding the link between the swine flu shot and narcolepsy and did so to advance their careers.
Meanwhile, concerned mothers whose daughters have been injured or killed by the Gardasil vaccine have put together a website that documents the truth about how the vaccine has killed and injured thousands of young girls since it was introduced in 2006. Thousands of teenagers have suffered adverse reactions and at least 71 have died from the vaccine since the HPV program was launched four years ago.
The global vaccine cover-up took a massive blow after it was confirmed that the 2009 swine flu outbreak was, as we predicted from the start, a contrived scam centered around making vast profits for pharmaceutical companies while endangering the health of the public.
As we reported earlier this year, Chair of the Council of Europe’s Sub-committee on Health Wolfgang Wodarg’s investigation into the 2009 swine flu outbreak found that the pandemic was a fake hoax manufactured by pharmaceutical companies in league with the WHO.
Wodarg said that governments were “threatened” by special interest groups within the pharmaceutical industry as well as the WHO to buy the vaccines and inject their populations without any reasonable scientific reason for doing so, and yet in countries like Germany and France only around 6 per cent took the vaccine despite enough being available to cover 90 per cent of the population.
Wodarg said there was “no other explanation” for what happened than the fact that the WHO worked in cahoots with the pharmaceutical industry to manufacture the panic in order to generate vast profits, agreeing with host Alex Jones that the entire farce was a hoax.
He also explained how health authorities were “already waiting for something to happen” before the pandemic started and then exploited the virus for their own purposes.
Professor Ulrich Keil, director of the World Health Organization’s Collaborating Centre for Epidemiology, also slammed the swine flu epidemic as an overblown “angst campaign”, devised in conjunction with major drug companies to boost profits for vaccine manufacturers.
(ARTICLE CONTINUES BELOW)
As Natural News’ Mike Adams reported, several members of the Emergency Committee expert panel that advised the World Health Organization (WHO) during the swine flu scare were receiving financial support from pharmaceutical manufacturers either during or prior to the epidemic.
Both H1N1 and seasonal flu shots have been linked with a number of different side-effects across the globe, including Guillain-Barré Syndrome as well as dystonia, a paralyzing neurological disorder.
The seasonal flu vaccine has also been linked with convulsions and fits in under-5’s.
Many batches of the swine flu vaccine included squalene and mercury amongst their ingredients, two substances that have been directly connected with the explosion of autism amongst children as well as other diseases. Individuals within government and the military were privileged to receive additive free shots that did not include these substances. German Chancellor Angela Merkel and government ministers, as well as German soldiers, were amongst those who received access to the so-called “friendly” version of the vaccine.
In order to head off legal claims for side-effects caused by the swine flu vaccination program, the U.S. government provided vaccine makers with blanket legal immunity before the shots began to be dispersed.
Citing concerns over safety, Prime Minister Donald Tusk and Health Minister Ewa Kopacz, with the broad support of the public, ensured that Poland was the only country in the world to completely reject the H1N1 vaccine.
“We are making this decision only in the interest of the Polish patient and the taxpayer,” Tusk said. “We will not take part because it’s not honest and it’s not safe for the patient.”
In a 2008 trial for a bird flu vaccine, three Polish doctors and six nurses faced criminal charges after the vaccine killed 21 homeless people who were participating in the test.
The Czech Republic rejected a swine flu vaccine produced by pharmaceutical manufacturer Baxter after the company was caught shipping vaccines contaminated with deadly live H5N1 avian flu virus to 18 countries by a lab at an Austrian branch of Baxter.
Given the routinely stated goal on behalf of mega-rich foundations that fund vaccination programs around the world, such as the Bill and Melinda Gates Foundation and the Rockefeller Foundation, to use vaccines as a way of sterilizing the planet’s population as part of the global eugenics soft-kill assault on humanity, it’s unsurprising that as more people become aware of this agenda, take-up rates of new as well as seasonal vaccines continue to decline.
As Jurriaan Maessen recently documented in his Infowars exclusive, in its 1968 yearly report, the Rockefeller Foundation acknowledged funding the development of so-called “anti-fertility vaccines” and their implementation on a mass-scale.
This program was then launched by a group that was created under auspices of the World Health Organization, World Bank and UN Population Fund entitled “Task Force on Vaccines for Fertility Regulation”. In the 1990’s, the WHO was mired in controversy after it distributed a “tetanus vaccine” to poor girls and women in the third world that was contaminated with human chorionic gonadotrophin (hCG), a hormone that induces involuntary abortion.
During a TED conference earlier this year, Bill Gates openly stated that vaccines would be used to lower the earth’s population in the name of combating climate change. The Bill and Melinda Gates Foundation is one of the major funders of vaccine research and production in the third world.
Warning that the global population was heading towards 9 billion, Gates said, “If we do a really great job on new vaccines, health care, reproductive health services (abortion), we could lower that by perhaps 10 or 15 per cent.”
Quite how an improvement in health care and vaccines that supposedly save lives would lead to a lowering in global population is an oxymoron, unless Gates was referring to vaccines that sterilize people, which is precisely the same method advocated in White House science advisor John P. Holdren’s 1977 textbook Ecoscience, which calls for a dictatorial “planetary regime” to enforce draconian measures of population reduction via all manner of oppressive techniques, including sterilization.
With people globally becoming increasingly aware of the role of vaccines in the agenda to reduce world population, the cover-up of debilitating diseases, soft kill side-effects, and instant fatalities as a result of vaccinations will continue to implode, until authorities are forced by law to implement vastly more stringent screening procedures and remove the toxic additives from vaccines that are causing these deaths and diseases.
Paul Joseph Watson
Prison Planet.com
Monday, August 30, 2010
Cases of debilitating illnesses, soft-kill side-effects and even instant deaths as a result of vaccinations across the world are skyrocketing as the cover-up of deadly inoculations implodes and more people than ever become suspicious about what they are being injected with by health authorities who have proven they cannot be trusted.
The implosion of the vaccine cover-up is sure to discourage more parents from vaccinating their children in the coming months, with the swine flu shot now being combined with the regular seasonal flu jab. A recent Rasmussen poll found that 52 per cent of Americans were concerned about the safety of vaccines as we approach the start of school and college terms, where many children and teenagers will be “required” to take shots before they can attend.
A global revolt against dangerous vaccines is brewing following a series of cases where children have been killed as a direct result of inoculations.
A measles vaccination program in India was halted after four children died almost immediately after receiving the shot. “Four children died within minutes of receiving a vaccine for measles followed by drops of Vitamin A solution on Saturday,” reports MedGuru.
Indian newspaper reports carried eyewitness accounts of what happened. “The four children were reported to have fainted soon after they were vaccinated and witnesses reported seeing the children’s eyes roll back as they began to have seizures,” reports Blitz.
Furious villagers reacted to the tragedy by going on a rampage, attacking health workers and holding government doctors hostage.
Health professionals and doctors with government ties were also blamed in Finland and Sweden after a H1N1 vaccination program was halted following a 300 per cent increase in cases of the neurological disorder narcolepsy amongst children and young people who had received the shot over the last six months.
According to Kari Lankinen, head physician of the Finnish Medicines Agency, doctors were complicit in hiding the link between the swine flu shot and narcolepsy and did so to advance their careers.
Meanwhile, concerned mothers whose daughters have been injured or killed by the Gardasil vaccine have put together a website that documents the truth about how the vaccine has killed and injured thousands of young girls since it was introduced in 2006. Thousands of teenagers have suffered adverse reactions and at least 71 have died from the vaccine since the HPV program was launched four years ago.
The global vaccine cover-up took a massive blow after it was confirmed that the 2009 swine flu outbreak was, as we predicted from the start, a contrived scam centered around making vast profits for pharmaceutical companies while endangering the health of the public.
As we reported earlier this year, Chair of the Council of Europe’s Sub-committee on Health Wolfgang Wodarg’s investigation into the 2009 swine flu outbreak found that the pandemic was a fake hoax manufactured by pharmaceutical companies in league with the WHO.
Wodarg said that governments were “threatened” by special interest groups within the pharmaceutical industry as well as the WHO to buy the vaccines and inject their populations without any reasonable scientific reason for doing so, and yet in countries like Germany and France only around 6 per cent took the vaccine despite enough being available to cover 90 per cent of the population.
Wodarg said there was “no other explanation” for what happened than the fact that the WHO worked in cahoots with the pharmaceutical industry to manufacture the panic in order to generate vast profits, agreeing with host Alex Jones that the entire farce was a hoax.
He also explained how health authorities were “already waiting for something to happen” before the pandemic started and then exploited the virus for their own purposes.
Professor Ulrich Keil, director of the World Health Organization’s Collaborating Centre for Epidemiology, also slammed the swine flu epidemic as an overblown “angst campaign”, devised in conjunction with major drug companies to boost profits for vaccine manufacturers.
(ARTICLE CONTINUES BELOW)
As Natural News’ Mike Adams reported, several members of the Emergency Committee expert panel that advised the World Health Organization (WHO) during the swine flu scare were receiving financial support from pharmaceutical manufacturers either during or prior to the epidemic.
Both H1N1 and seasonal flu shots have been linked with a number of different side-effects across the globe, including Guillain-Barré Syndrome as well as dystonia, a paralyzing neurological disorder.
The seasonal flu vaccine has also been linked with convulsions and fits in under-5’s.
Many batches of the swine flu vaccine included squalene and mercury amongst their ingredients, two substances that have been directly connected with the explosion of autism amongst children as well as other diseases. Individuals within government and the military were privileged to receive additive free shots that did not include these substances. German Chancellor Angela Merkel and government ministers, as well as German soldiers, were amongst those who received access to the so-called “friendly” version of the vaccine.
In order to head off legal claims for side-effects caused by the swine flu vaccination program, the U.S. government provided vaccine makers with blanket legal immunity before the shots began to be dispersed.
Citing concerns over safety, Prime Minister Donald Tusk and Health Minister Ewa Kopacz, with the broad support of the public, ensured that Poland was the only country in the world to completely reject the H1N1 vaccine.
“We are making this decision only in the interest of the Polish patient and the taxpayer,” Tusk said. “We will not take part because it’s not honest and it’s not safe for the patient.”
In a 2008 trial for a bird flu vaccine, three Polish doctors and six nurses faced criminal charges after the vaccine killed 21 homeless people who were participating in the test.
The Czech Republic rejected a swine flu vaccine produced by pharmaceutical manufacturer Baxter after the company was caught shipping vaccines contaminated with deadly live H5N1 avian flu virus to 18 countries by a lab at an Austrian branch of Baxter.
Given the routinely stated goal on behalf of mega-rich foundations that fund vaccination programs around the world, such as the Bill and Melinda Gates Foundation and the Rockefeller Foundation, to use vaccines as a way of sterilizing the planet’s population as part of the global eugenics soft-kill assault on humanity, it’s unsurprising that as more people become aware of this agenda, take-up rates of new as well as seasonal vaccines continue to decline.
As Jurriaan Maessen recently documented in his Infowars exclusive, in its 1968 yearly report, the Rockefeller Foundation acknowledged funding the development of so-called “anti-fertility vaccines” and their implementation on a mass-scale.
This program was then launched by a group that was created under auspices of the World Health Organization, World Bank and UN Population Fund entitled “Task Force on Vaccines for Fertility Regulation”. In the 1990’s, the WHO was mired in controversy after it distributed a “tetanus vaccine” to poor girls and women in the third world that was contaminated with human chorionic gonadotrophin (hCG), a hormone that induces involuntary abortion.
During a TED conference earlier this year, Bill Gates openly stated that vaccines would be used to lower the earth’s population in the name of combating climate change. The Bill and Melinda Gates Foundation is one of the major funders of vaccine research and production in the third world.
Warning that the global population was heading towards 9 billion, Gates said, “If we do a really great job on new vaccines, health care, reproductive health services (abortion), we could lower that by perhaps 10 or 15 per cent.”
Quite how an improvement in health care and vaccines that supposedly save lives would lead to a lowering in global population is an oxymoron, unless Gates was referring to vaccines that sterilize people, which is precisely the same method advocated in White House science advisor John P. Holdren’s 1977 textbook Ecoscience, which calls for a dictatorial “planetary regime” to enforce draconian measures of population reduction via all manner of oppressive techniques, including sterilization.
With people globally becoming increasingly aware of the role of vaccines in the agenda to reduce world population, the cover-up of debilitating diseases, soft kill side-effects, and instant fatalities as a result of vaccinations will continue to implode, until authorities are forced by law to implement vastly more stringent screening procedures and remove the toxic additives from vaccines that are causing these deaths and diseases.
BP Investigation Blocked By Senate Republicans
This just goes to show that voting back and forth between Democrats and Republicans doesn't work, neither party can be trusted.
Sotomayor Says Court May Rule to Limit First Amendment in Response to Wikileaks
Kurt Nimmo
Infowars.com
August 28, 2010
On Thursday, talking to students at the University of Denver, Supreme Court Justice Sonia Sotomayor said the Wikileaks case will result in the Court likely weighing the First Amendment against national security. She made the comment in response to a question posed by a student.
“That was not the beginning of that question, but an issue that keeps arising from generation to generation, of how far we will permit government restriction on freedom of speech in favor of protection of the country,” Sotomayor said. “There’s no black-and-white line.” According to Sotomayor, the balance between national security and free speech is “a constant struggle in this society, between our security needs and our first amendment rights, and one that has existed throughout our history.”
Infowars.com
August 28, 2010
On Thursday, talking to students at the University of Denver, Supreme Court Justice Sonia Sotomayor said the Wikileaks case will result in the Court likely weighing the First Amendment against national security. She made the comment in response to a question posed by a student.
Sotomayor made her comments about the First Amendment at the University of Denver on Thursday. | |||||
Following the release of over 90,000 documents by Wikileaks in July, the Pentagon found no evidence that the disclosure harmed U.S. national security or endangered American troops in the field. The Pentagon review team consists of military intelligence analysts, lawyers and others working for the Joint Chiefs of Staffs and other elements of the Defense Department. The Obama administration and certain members of Congress, however, have portrayed the release as a dire threat to national security. Obama asked Britain, Germany, Australia, and other allies to consider criminal charges against Wikileaks founder Julian Assange. Defense Secretary Robert Gates said the organization is guilty of “moral culpability” in the murder of U.S. soldiers. The ranking Republican on the House Homeland Security Committee, Rep. Peter King, said the release of documents violates espionage laws and amounts to treason. The FBI is investigating and the Justice Department said it was looking into pursuing criminal charges in the case. Rep. Mike Rogers, a Michigan Republican, has demanded the death penalty for SPC Bradley Manning, the man arrested and charged with providing the documents to Wikileaks. Julian Assange had contacted the White House prior to releasing the documents and the New York Times acted as an intermediary. Wikileaks wanted to give the government a chance to make sure innocent people were identified, but the White House did not respond to the offer. The Times, Britain’s The Guardian, and the German weekly Der Spiegel published selected Wikileaks documents without consulting the government. Sotomayor’s comment is a warning that the Supreme Court may soon use the Wikileaks case to restrict the First Amendment. In the United States, the corporate media did not report on her comments, with the notable exception of the Associated Press. Prior to her comments, Sen. Charles Schumer and Sen. Dianne Feinstein said the Free Flow of Information Act may need to be modified in response to Wikileaks. The senators want to change the language to specify that Wikileaks and organizations like it will not be able to use the act to protect the identities of confidential sources. Kurt Wimmer, an attorney representing the Newspaper Association of America, agreed with this exclusion. “There’s a distinction (between) how Wikileaks works and how news media organizations work,” he said and described Wikileaks as more of “a drop box for leaked documents” than a legitimate news source. Fresh food that lasts from eFoods Direct (Ad) As the government prepares to roll back the First Amendment under the rubric of national security, we should consider the words of Hugo Black, considered one of the most influential Supreme Court justices in the 20th century, who said the following in the Pentagon Papers case: In the First Amendment, the Founding Fathers gave the free press the protection it must have to fulfill its essential role in our democracy. The press was to serve the governed, not the governors. The Government’s power to censor the press was abolished so that the press would remain forever free to censure the Government. The press was protected so that it could bare the secrets of government and inform the people. Only a free and unrestrained press can effectively expose deception in government. And paramount among the responsibilities of a free press is the duty to prevent any part of the government from deceiving the people and sending them off to distant lands to die of foreign fevers and foreign shot and shell. (Emphasis added.)Kurt Nimmo edits Infowars.com. He is the author of Another Day in the Empire: Life In Neoconservative America. |
Sunday, August 29, 2010
Task Force on Vaccines for Fertility Regulation
Conclusive: Global Distribution of Rockefeller-Funded Anti-Fertility Vaccine Coordinated by WHO
Jurriaan Maessen
Infowars.com
August 27, 2010
In addition to the recent PrisonPlanet-exclusive Rockefeller Foundation Developed Vaccines For “Mass-Scale” Fertility Reduction — which outlines the Rockefeller Foundation’s efforts in the 1960s funding research into so-called “anti-fertility vaccines”– another series of documents has surfaced, proving beyond any doubt that the UN Population Fund, World Bank and World Health Organization picked up on it, further developing it under responsibility of a “Task Force on Vaccines for Fertility Regulation”.
antifert.jpg
WHO and the Rockefeller Foundation have worked together on “anti-fertility” vaccine since the 1960s.
Just four years after the Rockefeller Foundation launched massive funding-operations into anti-fertility vaccines, the Task Force was created under auspices of the World Health Organization, World Bank and UN Population Fund. Its mission, according to one of its members, to support:
“basic and clinical research on the development of birth control vaccines directed against the gametes or the preimplantation embryo. These studies have involved the use of advanced procedures in peptide chemistry, hybridoma technology and molecular genetics as well as the evaluation of a number of novel approaches in general vaccinology. As a result of this international, collaborative effort, a prototype anti-HCG vaccine is now undergoing clinical testing, raising the prospect that a totally new family planning method may be available before the end of the current decade.”
In regards to the scope of the Task Force’s jurisdiction, the Biotechnology and Development Monitor reported:
“The Task Force acts as a global coordinating body for anti-fertility vaccine R&D in the various working groups and supports research on different approaches, such as anti-sperm and anti-ovum vaccines and vaccines designed to neutralize the biological functions of hCG. The Task Force has succeeded in developing a prototype of an anti-hCG-vaccine.”
article continues
...
The picture emerging from these facts is clear. The WHO, as a global coordinating body, has since the early 70s continued the development of the Rockefeller-funded “anti-fertility vaccine”. What also is becoming clear, is that extensive research has been done to the delivery systems in which these anti-fertility components can be buried, such as regular anti-viral vaccines. It’s a mass-scale anti-fertilization programme with the aim of reducing the world’s population: a dream long cherished by the global elite.
Jurriaan Maessen
Infowars.com
August 27, 2010
In addition to the recent PrisonPlanet-exclusive Rockefeller Foundation Developed Vaccines For “Mass-Scale” Fertility Reduction — which outlines the Rockefeller Foundation’s efforts in the 1960s funding research into so-called “anti-fertility vaccines”– another series of documents has surfaced, proving beyond any doubt that the UN Population Fund, World Bank and World Health Organization picked up on it, further developing it under responsibility of a “Task Force on Vaccines for Fertility Regulation”.
antifert.jpg
WHO and the Rockefeller Foundation have worked together on “anti-fertility” vaccine since the 1960s.
Just four years after the Rockefeller Foundation launched massive funding-operations into anti-fertility vaccines, the Task Force was created under auspices of the World Health Organization, World Bank and UN Population Fund. Its mission, according to one of its members, to support:
“basic and clinical research on the development of birth control vaccines directed against the gametes or the preimplantation embryo. These studies have involved the use of advanced procedures in peptide chemistry, hybridoma technology and molecular genetics as well as the evaluation of a number of novel approaches in general vaccinology. As a result of this international, collaborative effort, a prototype anti-HCG vaccine is now undergoing clinical testing, raising the prospect that a totally new family planning method may be available before the end of the current decade.”
In regards to the scope of the Task Force’s jurisdiction, the Biotechnology and Development Monitor reported:
“The Task Force acts as a global coordinating body for anti-fertility vaccine R&D in the various working groups and supports research on different approaches, such as anti-sperm and anti-ovum vaccines and vaccines designed to neutralize the biological functions of hCG. The Task Force has succeeded in developing a prototype of an anti-hCG-vaccine.”
article continues
...
The picture emerging from these facts is clear. The WHO, as a global coordinating body, has since the early 70s continued the development of the Rockefeller-funded “anti-fertility vaccine”. What also is becoming clear, is that extensive research has been done to the delivery systems in which these anti-fertility components can be buried, such as regular anti-viral vaccines. It’s a mass-scale anti-fertilization programme with the aim of reducing the world’s population: a dream long cherished by the global elite.
Saturday, August 28, 2010
Friday, August 27, 2010
Former FBI Agent Reveals New Angle On Kennedy Assassination
Kurt Nimmo
Infowars.com
August 25, 2010
It is a story the corporate media, with the notable exception of one lone Fox News affiliate, refuses to report. A former FBI agent, Don Adams, has compelling evidence Lee Harvey Oswald did not assassinate president John F. Kennedy. Adams was assigned to an FBI office in Thomasville, Georgia, on November 22, 1963. Adams was responsible for investigating Joseph Adams Milteer, described as a radical with connections to the States Rights Party and KKK. Milteer, according to Adams, was involved in Kennedy’s assassination.
Infowars
Adams JFK
Infowars.com
August 25, 2010
It is a story the corporate media, with the notable exception of one lone Fox News affiliate, refuses to report. A former FBI agent, Don Adams, has compelling evidence Lee Harvey Oswald did not assassinate president John F. Kennedy. Adams was assigned to an FBI office in Thomasville, Georgia, on November 22, 1963. Adams was responsible for investigating Joseph Adams Milteer, described as a radical with connections to the States Rights Party and KKK. Milteer, according to Adams, was involved in Kennedy’s assassination.
Infowars
Adams JFK
Thursday, August 26, 2010
"Recovery Summer"
The White House
Office of the Press Secretary
For Immediate Release
June 17, 2010
Administration Kicks Off "Recovery Summer" with Groundbreakings and Events Across the Country
President Obama, Vice President Biden and Other Administration Officials to Highlight Surge in Recovery Act Infrastructure Projects This Summer
WASHINGTON, DC – The Administration today kicks off “Recovery Summer,” a six-week-long focus on the surge in Recovery Act infrastructure projects that will be underway across the country in the coming months – and the jobs they’ll create well into the fall and through the end of the year. The Recovery Act has already funded tens of thousands of projects and put about 2.5 million Americans to work, but summer 2010 is actually poised to be the most active Recovery Act season yet, with tens of thousands of projects underway across the country that will help to create jobs for American workers and economic growth for businesses, large and small.
---------------------------------------------------------------------------------
Two months later...
Economy Caught in Depression, Not Recession: Rosenberg Depression
Single-Family Home Sales Hit 15-Year Low
Thursday, August 26, 2010
Sales of single-family homes in July fell to their lowest level since May 1995. Sales of all existing homes, including townhomes, condominiums and co-ops, dropped 27.2% from June, and more than 25% in comparison to the July 2009 numbers. The situation was particularly dramatic in the Midwest, where existing-home sales were down 33.3% from July 2009.
Weekly jobless claims drop, but not enough to lower unemployment
By Vicki Needham - 08/26/10 11:15 AM ET
New claims for unemployment benefits unexpectedly dropped last week, but not enough to signal strong job growth.
First-time claims decreased by 31,000 to a seasonally adjusted 473,000 for the week that ended Aug. 22, the Labor Department said Thursday.
However, the four-week moving average, which smooths out the volatility of the weekly number and provides a better gauge of the employment situation, increased by 3,250 to 486,750, the highest level since Nov. 28, 2009.
Office of the Press Secretary
For Immediate Release
June 17, 2010
Administration Kicks Off "Recovery Summer" with Groundbreakings and Events Across the Country
President Obama, Vice President Biden and Other Administration Officials to Highlight Surge in Recovery Act Infrastructure Projects This Summer
WASHINGTON, DC – The Administration today kicks off “Recovery Summer,” a six-week-long focus on the surge in Recovery Act infrastructure projects that will be underway across the country in the coming months – and the jobs they’ll create well into the fall and through the end of the year. The Recovery Act has already funded tens of thousands of projects and put about 2.5 million Americans to work, but summer 2010 is actually poised to be the most active Recovery Act season yet, with tens of thousands of projects underway across the country that will help to create jobs for American workers and economic growth for businesses, large and small.
---------------------------------------------------------------------------------
Two months later...
Economy Caught in Depression, Not Recession: Rosenberg Depression
Single-Family Home Sales Hit 15-Year Low
Thursday, August 26, 2010
Sales of single-family homes in July fell to their lowest level since May 1995. Sales of all existing homes, including townhomes, condominiums and co-ops, dropped 27.2% from June, and more than 25% in comparison to the July 2009 numbers. The situation was particularly dramatic in the Midwest, where existing-home sales were down 33.3% from July 2009.
Weekly jobless claims drop, but not enough to lower unemployment
By Vicki Needham - 08/26/10 11:15 AM ET
New claims for unemployment benefits unexpectedly dropped last week, but not enough to signal strong job growth.
First-time claims decreased by 31,000 to a seasonally adjusted 473,000 for the week that ended Aug. 22, the Labor Department said Thursday.
However, the four-week moving average, which smooths out the volatility of the weekly number and provides a better gauge of the employment situation, increased by 3,250 to 486,750, the highest level since Nov. 28, 2009.
Wednesday, August 25, 2010
Trying to Escape the Surveillance State
By Dan Fletcher
http://www.time.com/time/business/article/0,8599,1976541,00.html
Britain is one of the world's leading surveillance states. Privacy International, an advocacy group, ranks the U.K. right behind flagrant offenders like Russia and China. But such concerns didn't hit home for British filmmaker David Bond until the U.K. government lost a slew of data on his newborn daughter. In response, Bond decided to see what it would take to escape detection for a month in his data-happy homeland. The experiment turned into a documentary, Erasing David, now available for download from iTunes and Amazon.com. Bond sat down with TIME to talk about his film.
What made you finally want to get off the grid?
I got a letter from the U.K. government in 2007, saying they had lost my daughter's details. It was pretty stressful experience — they lost her name, her date of birth, my name, my bank account details, our address. It really freaked me out and made me think that if that type of data can be lost with a kid that age, what risk are the rest of us at? (See the top 10 British open moments.)
It seems like privacy is an oft-discussed concern in Britain. What has the government done that's been cause for alarm?
There's always a balance between privacy and security. You've got to know where you want to draw that line, and for various reasons, the British government has drawn the line in a pretty frightening place. I think those reasons are terrorism, fear of crime and also the fact that we didn't we have the problems in the Second World War that our European neighbors did. We don't have the kind of collective memory of what its like to live in a state that surveils its population.
How'd you structure your escape for the film?
We went looking for private investigators, and found these amazing guys called Cerberus, who are known as a group who always find their man. They took on the challenge. From that point, we had to plan the date the disappearance would be and give them very limited information about me — just my name and photo.
Did you meet with anyone or get any tips before the chase started?
I had some obvious advice like, "Don't use your cell phone," and some then some really cool advice like, "Don't take tons of cash because you might lose it all. Instead, use an ATM, but only use it right before you travel." The other people I met were victims of the database state, people who had suffered as a result of details being lost or misappropriated. I met a girl who couldn't get a job because she's on some criminal database as a shoplifter, but she never did that. I met a guy who was caught up in an operation to do pornography on the web, but his name was just spelled wrong. These nightmare stories result from the increasingly digitized world that we live in. (See the top 10 Ye Olde British criminal trials.)
So once the chase began, what was the first day like?
I took pretty serious precautions. I booked a ticket on Eurostar — the train to Paris — in someone else's name, and then I immediately went to the Eurostar station and switched the ticket to my name and left. I was out of the country within forty minutes. But I knew I had to come back, because I didn't want to do a film about whether you could live privately abroad. The PIs did say to me, "Go anywhere in the world. We'll catch you." But I ended up coming back to Britain.
Did they set up traps for you along the way?
They came up with a bunch of really cunning stuff. They set up a website called whereisdavid.co.uk and sent me an e-mail saying, "Hey, we know where you are! And here it is on this website!" I knew that they might track me if I visited it, but I went to an Internet cafe and checked it out, and sure enough, they had loads of information on me about where I'd already been. They were hoping to pin me on my IP address but they also were driving me into a state of nervousness and paranoia. I also had deleted my Facebook page before I went away — I thought it would be an easy way to get to me. But they'd managed to harvest my friend's details from Facebook. Even when you delete your profile, loads of data stay up there. They made a fake profile of me called Phileas Fogg, as in the guy from Around the World in 80 Days, and they sent it to my friends saying, "Hey, I'm on the run, I'd love to get in touch." And loads of them responded.
What was your downfall?
I wanted to last 30 days, but they caught me a little before that. My wife was heavily pregnant while I was on the run, and she got ill. She needed to go to the hospital and she needed me to come [with her]. I took a lot of precautions: I was really careful about how I entered the hospital, but they hacked into her medical details, and they knew she was going to be there and assumed it would draw me out of hiding.
What was unexpected about the experience?
I was really surprised about how much information is gathered about children in the UK and stored online. Schools are regularly fingerprinting kids in the UK to allow access to libraries — but still, its fingerprinting. The really terrifying thing I found is that I feel like we're normalizing our kids, both through these activities and things like iPhones and Facebook apps. We're normalized to living an utterly exposed life. But there's value in privacy — its a tremendously uplifting and strengthening feeling, to feel like you can withdraw. Not because you've got anything to hide; just because you want to.
Read more: http://www.time.com/time/business/article/0,8599,1976541,00.html#ixzz0xdHnBz34
http://www.time.com/time/business/article/0,8599,1976541,00.html
Britain is one of the world's leading surveillance states. Privacy International, an advocacy group, ranks the U.K. right behind flagrant offenders like Russia and China. But such concerns didn't hit home for British filmmaker David Bond until the U.K. government lost a slew of data on his newborn daughter. In response, Bond decided to see what it would take to escape detection for a month in his data-happy homeland. The experiment turned into a documentary, Erasing David, now available for download from iTunes and Amazon.com. Bond sat down with TIME to talk about his film.
What made you finally want to get off the grid?
I got a letter from the U.K. government in 2007, saying they had lost my daughter's details. It was pretty stressful experience — they lost her name, her date of birth, my name, my bank account details, our address. It really freaked me out and made me think that if that type of data can be lost with a kid that age, what risk are the rest of us at? (See the top 10 British open moments.)
It seems like privacy is an oft-discussed concern in Britain. What has the government done that's been cause for alarm?
There's always a balance between privacy and security. You've got to know where you want to draw that line, and for various reasons, the British government has drawn the line in a pretty frightening place. I think those reasons are terrorism, fear of crime and also the fact that we didn't we have the problems in the Second World War that our European neighbors did. We don't have the kind of collective memory of what its like to live in a state that surveils its population.
How'd you structure your escape for the film?
We went looking for private investigators, and found these amazing guys called Cerberus, who are known as a group who always find their man. They took on the challenge. From that point, we had to plan the date the disappearance would be and give them very limited information about me — just my name and photo.
Did you meet with anyone or get any tips before the chase started?
I had some obvious advice like, "Don't use your cell phone," and some then some really cool advice like, "Don't take tons of cash because you might lose it all. Instead, use an ATM, but only use it right before you travel." The other people I met were victims of the database state, people who had suffered as a result of details being lost or misappropriated. I met a girl who couldn't get a job because she's on some criminal database as a shoplifter, but she never did that. I met a guy who was caught up in an operation to do pornography on the web, but his name was just spelled wrong. These nightmare stories result from the increasingly digitized world that we live in. (See the top 10 Ye Olde British criminal trials.)
So once the chase began, what was the first day like?
I took pretty serious precautions. I booked a ticket on Eurostar — the train to Paris — in someone else's name, and then I immediately went to the Eurostar station and switched the ticket to my name and left. I was out of the country within forty minutes. But I knew I had to come back, because I didn't want to do a film about whether you could live privately abroad. The PIs did say to me, "Go anywhere in the world. We'll catch you." But I ended up coming back to Britain.
Did they set up traps for you along the way?
They came up with a bunch of really cunning stuff. They set up a website called whereisdavid.co.uk and sent me an e-mail saying, "Hey, we know where you are! And here it is on this website!" I knew that they might track me if I visited it, but I went to an Internet cafe and checked it out, and sure enough, they had loads of information on me about where I'd already been. They were hoping to pin me on my IP address but they also were driving me into a state of nervousness and paranoia. I also had deleted my Facebook page before I went away — I thought it would be an easy way to get to me. But they'd managed to harvest my friend's details from Facebook. Even when you delete your profile, loads of data stay up there. They made a fake profile of me called Phileas Fogg, as in the guy from Around the World in 80 Days, and they sent it to my friends saying, "Hey, I'm on the run, I'd love to get in touch." And loads of them responded.
What was your downfall?
I wanted to last 30 days, but they caught me a little before that. My wife was heavily pregnant while I was on the run, and she got ill. She needed to go to the hospital and she needed me to come [with her]. I took a lot of precautions: I was really careful about how I entered the hospital, but they hacked into her medical details, and they knew she was going to be there and assumed it would draw me out of hiding.
What was unexpected about the experience?
I was really surprised about how much information is gathered about children in the UK and stored online. Schools are regularly fingerprinting kids in the UK to allow access to libraries — but still, its fingerprinting. The really terrifying thing I found is that I feel like we're normalizing our kids, both through these activities and things like iPhones and Facebook apps. We're normalized to living an utterly exposed life. But there's value in privacy — its a tremendously uplifting and strengthening feeling, to feel like you can withdraw. Not because you've got anything to hide; just because you want to.
Read more: http://www.time.com/time/business/article/0,8599,1976541,00.html#ixzz0xdHnBz34
Cutbacks force police to curtail calls for some crimes
By Kevin Johnson, USA TODAY
Budget cuts are forcing police around the country to stop responding to fraud, burglary and theft calls as officers focus limited resources on violent crime.
Cutbacks in such places as Oakland, Tulsa and Norton, Mass. have forced police to tell residents to file their own reports — online or in writing — for break-ins and other lesser crimes.
"If you come home to find your house burglarized and you call, we're not coming," said Oakland Police spokeswoman Holly Joshi. The city laid off 80 officers from its force of 687 last month and the department can't respond to burglary, vandalism, and identity theft. "It's amazing. It's a big change for us."
MORE: State police forces shrink
BUDGET CUTS: Mounted police fading in sunset?
Jim Pasco, executive director of the Fraternal Order of Police, the nation's largest police union, said cutbacks are preventing many police agencies from responding to property crimes.
"The chiefs are putting the best face on this they can," Pasco said. "But think of this: that next property crime could involve a junkie who killed someone the night before."
In Tulsa, which lost 110 officers to layoffs and retirements, the 739-officer department isn't sending cops to the scene of larceny, fraud and car theft.
Tulsa police spokesman Jason Willingham says some residents have said they won't bother to report those crimes any more. "They think nothing is going to be done, so why mess with it," he said.
In the Boston suburb of Norton, police told residents there may be delays or no response at all to some calls, including vandalism. The department posted the new policy on its website.
"We wanted to let people know about this," Norton Police Chief Brian Clark said. "We didn't want people to be surprised."
Bernard Melekian, director of the Justice Department's Office of Community Oriented Policing Services, said the actions reflect are a reflection of the hard economic times across the country.
--------------------------------------------------------------------------------
Ok, maybe NOW would be a good time to legalize, tax and regulate drugs!
Budget cuts are forcing police around the country to stop responding to fraud, burglary and theft calls as officers focus limited resources on violent crime.
Cutbacks in such places as Oakland, Tulsa and Norton, Mass. have forced police to tell residents to file their own reports — online or in writing — for break-ins and other lesser crimes.
"If you come home to find your house burglarized and you call, we're not coming," said Oakland Police spokeswoman Holly Joshi. The city laid off 80 officers from its force of 687 last month and the department can't respond to burglary, vandalism, and identity theft. "It's amazing. It's a big change for us."
MORE: State police forces shrink
BUDGET CUTS: Mounted police fading in sunset?
Jim Pasco, executive director of the Fraternal Order of Police, the nation's largest police union, said cutbacks are preventing many police agencies from responding to property crimes.
"The chiefs are putting the best face on this they can," Pasco said. "But think of this: that next property crime could involve a junkie who killed someone the night before."
In Tulsa, which lost 110 officers to layoffs and retirements, the 739-officer department isn't sending cops to the scene of larceny, fraud and car theft.
Tulsa police spokesman Jason Willingham says some residents have said they won't bother to report those crimes any more. "They think nothing is going to be done, so why mess with it," he said.
In the Boston suburb of Norton, police told residents there may be delays or no response at all to some calls, including vandalism. The department posted the new policy on its website.
"We wanted to let people know about this," Norton Police Chief Brian Clark said. "We didn't want people to be surprised."
Bernard Melekian, director of the Justice Department's Office of Community Oriented Policing Services, said the actions reflect are a reflection of the hard economic times across the country.
--------------------------------------------------------------------------------
Ok, maybe NOW would be a good time to legalize, tax and regulate drugs!
Timewave Zero 2010
Now I don't know if this stuff is any good, but if it is, look out for around 10/22/10 and especially around 11/14/10
Tuesday, August 24, 2010
I-Dosing: Another Excuse for Government Control Over Our Lives
Kurt Nimmo
Prison Planet.com
Tuesday, August 24, 2010
I don’t know about you, but I am not about to run out and experiment with the latest fad, known as “i-dosing,” a gimmick that supposedly uses binaural tones to create euphoria. “Simply put, i-dosing is the attempt to achieve a perceived drug ‘high’ from listening specially-engineered sounds and music,” reports Psychology Today. “Is it a real drug? Probably not.”
But don’t tell that to the Oklahoma Bureau of Narcotics and Dangerous Drugs. The government agency has declared that i-dosing induces the same kind of mind-altering effects as marijuana, cocaine, peyote, and opium. “Kids are going to flock to [i-dose websites] just to see what it is about and it can lead them to other places. If you want to reach these kids and save these kids and keep these kids safe, parents have to be aware, and they’ve got to take action,” said Mark Woodward, the spokesman for the Oklahoma Bureau of Narcotics and Dangerous Drugs.
So dire is the threat, Oklahoma’s Mustang High School recently sent home letters to parents warning them of the dangers of i-dosing.
State lawmakers and Congress have yet to catch on and propose draconian laws to prevent this scourge from spreading. But give them time.
Back in 2001 a link between heavy television watching and Alzheimer’s disease was discovered, but the government is not clamoring to outlaw the idiot box or pass laws limiting the number of hours spent before it.
(ARTICLE CONTINUES BELOW)
I Dosing: Another Excuse for Government Control Over Our Lives 240810banner7
Real honest pharmaceutical drugs — antibiotics, anti-convulsants, mood stabilizers and sex hormones — are in the drinking water supplies of at least 41 million Americans. In addition, illegal drugs like cocaine and LSD end up in water, as a studies in Europe reveal. Not only are public officials not doing anything about this involuntary form of drug dosing, they are refusing to disclose results of pharmaceutical screenings.
But never mind this involuntary dosing — so-called researchers are now advocating the government put lithium in the water in order to curb suicide. “We already know that lithium can act as a powerful mood stabilizer for people with bipolar disorder, and treating people with lithium is also associated with lower suicide rates,” said one researcher, who added that this outrageous prospect “certainly merits more investigation.”
Fresh food that lasts from eFoods Direct (Ad)
Eventually the corporate media will hype the exaggerated threat posed by i-dosing to the point where the government will dream up and enforce – ultimately by way of SWAT team – myriad laws that will add thousands of individuals to the state’s prison-industrial complex.
----------------------------------------------------------------------------------
LOL! Leave it to Oklahoma, the last state to legalize tattoos and probably the first to criminalize "I - Dosing"
Prison Planet.com
Tuesday, August 24, 2010
I don’t know about you, but I am not about to run out and experiment with the latest fad, known as “i-dosing,” a gimmick that supposedly uses binaural tones to create euphoria. “Simply put, i-dosing is the attempt to achieve a perceived drug ‘high’ from listening specially-engineered sounds and music,” reports Psychology Today. “Is it a real drug? Probably not.”
But don’t tell that to the Oklahoma Bureau of Narcotics and Dangerous Drugs. The government agency has declared that i-dosing induces the same kind of mind-altering effects as marijuana, cocaine, peyote, and opium. “Kids are going to flock to [i-dose websites] just to see what it is about and it can lead them to other places. If you want to reach these kids and save these kids and keep these kids safe, parents have to be aware, and they’ve got to take action,” said Mark Woodward, the spokesman for the Oklahoma Bureau of Narcotics and Dangerous Drugs.
So dire is the threat, Oklahoma’s Mustang High School recently sent home letters to parents warning them of the dangers of i-dosing.
State lawmakers and Congress have yet to catch on and propose draconian laws to prevent this scourge from spreading. But give them time.
Back in 2001 a link between heavy television watching and Alzheimer’s disease was discovered, but the government is not clamoring to outlaw the idiot box or pass laws limiting the number of hours spent before it.
(ARTICLE CONTINUES BELOW)
I Dosing: Another Excuse for Government Control Over Our Lives 240810banner7
Real honest pharmaceutical drugs — antibiotics, anti-convulsants, mood stabilizers and sex hormones — are in the drinking water supplies of at least 41 million Americans. In addition, illegal drugs like cocaine and LSD end up in water, as a studies in Europe reveal. Not only are public officials not doing anything about this involuntary form of drug dosing, they are refusing to disclose results of pharmaceutical screenings.
But never mind this involuntary dosing — so-called researchers are now advocating the government put lithium in the water in order to curb suicide. “We already know that lithium can act as a powerful mood stabilizer for people with bipolar disorder, and treating people with lithium is also associated with lower suicide rates,” said one researcher, who added that this outrageous prospect “certainly merits more investigation.”
Fresh food that lasts from eFoods Direct (Ad)
Eventually the corporate media will hype the exaggerated threat posed by i-dosing to the point where the government will dream up and enforce – ultimately by way of SWAT team – myriad laws that will add thousands of individuals to the state’s prison-industrial complex.
----------------------------------------------------------------------------------
LOL! Leave it to Oklahoma, the last state to legalize tattoos and probably the first to criminalize "I - Dosing"
Pre-Crime Technology To Be Used In Washington D.C.
Computers predict what crime will be committed where, by who and when
Steve Watson
Infowars.net
Tuesday, Aug 24th, 2010
Pre Crime Technology To Be Used In Washington D.C. 240810precrimeLaw enforcement agencies in Washington D.C. have begun to use technology that they say can predict when crimes will be committed and who will commit them, before they actually happen.
The Minority Report like pre-crime software has been developed by Richard Berk, a professor at the University of Pennsylvania.
Previous incarnations of the software, already being used in Baltimore and Philadelphia were limited to predictions of murders by and among parolees and offenders on probation.Full Story - prisonplanet
Steve Watson
Infowars.net
Tuesday, Aug 24th, 2010
Pre Crime Technology To Be Used In Washington D.C. 240810precrimeLaw enforcement agencies in Washington D.C. have begun to use technology that they say can predict when crimes will be committed and who will commit them, before they actually happen.
The Minority Report like pre-crime software has been developed by Richard Berk, a professor at the University of Pennsylvania.
Previous incarnations of the software, already being used in Baltimore and Philadelphia were limited to predictions of murders by and among parolees and offenders on probation.Full Story - prisonplanet
Web Bot predictions 2010
UB
Flu Shots
US Government doesn't have enough personnel to implement forced vaccinations. Whole schools will be closed from parents pulling their kids due to forced vaccinations...will cause chaos in school systems nationwide.
FEMA Camps - Internment Relocation Specialists being hired right now
All it really is a request for applications to fill positions. Not enough $$ in our current budget to hire enough people to man enough posts to create actual internment camps. If there was going to be a big push on internment camps, there would be cement trucks and purchases in these areas. Cement sales are down....it's all fear-based propaganda. There isn't enough people to round up and maintain these camps. 1/3 of all people will refuse the flu vaccine = 100 million people in the US.
Outsourcing - Foreign troops or United Nations to enforce FEMA camps?
Logistics state this can't happen. They would need millions of troops and these numbers don't exist.
The numbers argue against it. 1970's Swine Flu - ppl were 16x more likely to have a fatal incident than ppl who just got the flu. We now have that history. If the gov wanted ppl to show up for the vaccine, they should remain soft and create enough fear to voluntarily take the vaccine.
The collapsing dollar will put pressure on everything including the government to do anything. For every 12 months you work, you give 8 to the government. That cannot continue. The people should recall every representative that they can possibly do because it will be too late to wait until 2010 to vote them out. No diffeence between Obama and McCain in their ideologies because they're funded and controlled by the same masters. We have the ability to recall politicians. They don't work for the populus, they work for the shadow government.
Revolution in 2010
Congress has an approval rating of 12% but 90+ re-election rate. Congress uses the divide and conquer process. (voting for the lesser of two evils). The universe will put us in a position by July 2010 to where mass movements will occur in such a manner to make the mass movements in the 60's look puny...to make any other mass movement on the planet look like training exercises. TPTB will not be able to withstand this...there will be a mob action with millions of people involved.
Nearly a billion of ppl will die this upcoming year...disease, revolutionary war and starvation associated with the collapsing dollar. This will cause conditions that will resemble the French Revolution
Swine Flu & Forced Vaccinations
Real purpose is population reduction. It will be a long term effect that will cause people to die.
What happens if we refuse the vaccine?
Let them make it a criminal offense. If enough people are criminal, then they have no power. The gov's only power is to legislate and to create money. They try to make you take a stand by making you a criminal. My stand would be, make me a criminal..then I’m in a real good subclass with the rest of the population later. Then it’s up to them to have a response. If I stand as a sovereign individual, there is nothing you can do to compel me to do this. At some point if you force me to cross the line and band to do that, then the gov is risking their position and power. If you do that to enough people, the lack of them will become noticed. The refuseniks will start with the soccer moms who refuse to let their children get vaccinated. 15-20% will be refuseniks, and up to 90% of children may not go to school. We can shut them down with non-cooperation.
7th Day Adventist doctor is talking about the danger of vaccinating against anything that’s a swine protein. Has to do with similarity of the pig and human’s proteins, which is only 2 small molecules different from our own.
Waiver for Flu Shot?
There are in some places. In WA, you don’t have to take the vaccine. There are healthcare waivers in some states. It won’t matter because you’re still playing their game. Just say NO instead.
Government plans on 4% of refusals to vaccine. Fear thru $1,000 day fine. People will go from criminal to revolutionary because of this.
Divide and Conquer
The MSM tells us we’re divided. They’re only in your own mind. We have a class division that’s coming out. It will be a class struggle, not racial or religious.
The revolution will occur with or without the forced vaccinations. They’ll still try something else, the dollar will collapse by fall, there will be international incidents that cause food shortages, economic collapse, unemployment, etc.. The bigger the gov, the bigger the lies. All of their lies will come to not because the lies will become exposed. e.g. lies on the unemployment numbers. By January 2010, they might say the unemployment rate is 11% but it’ll be more like 40%. This will motivate ppl to participate ppl in the next phase of the American Revolution. Between January and July, we’re gonna get real active. In July it turns and we start to take things back.
How will the Gov make their case to force the vaccinations?
Scientists are trying to alter the H1N1 into a stronger virus to be released by January. H1N1 actually mutates into something less lethal as it goes forward. They’re gonna have to engineer something in the lab that’ll scare people to fall into line with the vaccinations.
Swine Flu Vaccine was patented over a year ago before the flu ever existed. The flu was cooked up in a lab.
Vitamin D and Vitamin D3. Try to maintain 5000 units of Vitamin D each day.
In January, 1 or 2 localities, maybe more 30-40 localities, and the gov will plant a more lethal version of this flu where 2/3 of the school populus comes up with this sickness, trying to force others to take the vaccine. There will be a terrible backlash of the vaccine… will cause a health case crisis of its own later in 2010 in our ability to support those who are sick from the vaccine.
Our body creates 40,000 international units of Vitamin D in just two hours in the sun.
Why is January and February so critical for TPTB to do the checkmate?
Lower light levels in February. Less exposure to sun and producing enough vitamin D. People are indoor “critters” during the winter and don’t make their own vitamin D. Our immune system is at its weakest in January and February in the northern hemisphere in those months.
Chemtrails: Is there a correlation to chemtrails and forced vaccination. e.g. high amount of aluminum in chemtrails.
Aluminum has a correlation with Alzheimer’s and dementia. It creates the loss of the ability to control our emotional state. At low levels, it produces a lowering of will and makes you more compliant.
Fluoride in the water is attempting to make us more docile.
Chemtrails
Population density is the trigger for chemtrails. The chemtrail patents all seem to be going to the idea to be reducing radiation from space. If this were true, there would be spraying over some large areas over the desert (in heat islands such as the ones found in larger, densely populated areas). Chemtrail contents include aluminum, barium, silica, cadnium, etc. Usually TPTB would waste resources that way. They’re trying to reflect energies away from population centers or there is a specific subset of mineral based compounds that they want humans to ingest. We’re burning up 9,000 gallons an hours in the US just to maintain chemtrails over the west coast. Where’s the money coming from? The taxpayers.
The Revolution
This won’t be like our last revolutions. It will spread along the population where we all realize we’ve been used as slaves all of our lives and the slaves will be revolting. Our data in the longer terms suggests by November 2010, chemtrails won’t be an issue anymore.
If Israel reconsiders their attack on the Iranian underground bunker and as a result no radioactivity is released into the atmosphere, is it still probable the consequences as outlines in the Alta Reports will still occur?
In a sense that certainly is the case. If the Israelis don’t attack Iran, there might be an “ill wind’ that instead of bringing radioactivity, it might bring a new mutated swine flu, a poisonous form of chemtrails, methane gas being released from the Pacific Ocean and gassing the pacific coast, so it doesn’t negate the higher level archetypes because some of the detail levels we chose as the most probable never materialized.
Can CIA or Mossad flood the web with misleading data?
No
Will the US Federal Government in Washington DC still exist and function after the overthrow of TPTB?
The government won’t be the same. We won’t have the same relationship to a centralized government. When TPTB goes, so does the central bank. At this point, I can’t predict what type of form it will be because we haven’t invented it yet. It’s up to us. The central bank and warfare model is dieing and won’t exist by 2015 and will be a remnant of itself by 2010.
Going from a planetary society to a Class 1 civilization
Between 2010-2015, our planet has the opportunity to become a Class 1 civilization where we have the ability to affect local regions of space by colonizing the moon or Mars. During this time there will be vast amounts of chaos. TPTB are going to suffer their downfall. Their infrastructure will go away into something that we can’t describe at this time.
Will people on their own to survive without government support?
That’s the indication we get. Right now, there isn’t any real government support for anybody and they demonstrate that repeatedly since (Hurricane) Katrina. People need to realize they’re on their own and their destiny is in their own hands.
What about resources to survive (e.g. water, food)
Get on the internet and research what you need. Dew wells get moisture from the air. Our planet can support 100 billion people if we use the resources well.
Taking the step from a class 00 to a class 1 society
The very technology at the core of taking that step from a class 00 to a class 1 society is the technology that liberates humans from having to bow down to any kind of centralized authority because it gives you, for instance, infinite energy in the form of ZPM machines, anti- gravity, the potential to have replication, the potential to tickle the template to create a plate of cheese from a pile of sand where you don’t have to worry about scarcity and it liberates you in a fashion that’s best discussed as a true liberation of the mind. When that occurs, it’s like, “Why do I care about the Central Bank and what they want to order me to do?”
Renewable energy status
…was created and existed since 1956. The shadow governments were very successful with that stuff in the 60’s. It exists now but there’s a barrier between us and it.
Will any US body called the government have any enforcement power over the people?
For a brief period of time, that will be the case. We’ll have that, especially in 2010. From July 2010 onward, we will have passed the peak of the ability of a central government in the US to enforce anything on the populous and in fact, the minions of the central government of the US will be on the run from July onward.
Does your predictive language indicate an effort to deliberately kill American citizens or military personnel thru the forced H1N1 program?
Leave out the word force and I’ll agree with you. From January onward, it’ll be mportant for Americans to maintain their health.
If Marshall Law is imposed, will guns be taken?
It’s too big of a task. Only a small percentage of the population was left behind with Katrina. Presidential Directive 51 is just a law…words on a sheet of paper. You can be afraid of that language if you want, but you’re attempting to manifest the outcome they want.
Nazi Germany
It’ll take 20 million people to enforce this. Once that spark goes (the revolution) it will spread very rapidly. The melting pot works against TPTB. We have more in common with ourselves than with the political elite. TPTB will try to shift the blame from them to the financial minions (banker, brokers, etc) and they’ll attempt to take that smear and move it down to the Jewish population in general and after we’ve slaughtered all of the bankers and we still have that anger, we’ll be turning it to TPTB and they won’t want that. This is the only risk we see to the revolution impetus. It’s just like Nazi Germany all over again. They used a common hatred of the bankers who happened to be Zionist Jews and transferred it to the Jewish population at large and there you go. And they’re gonna try it all over again because it worked so well the first time.
They try to create neural pathways in your mind, based on Neuro Linguistic Programming (NLP). It’s a form of hypnosis that creates a pathway in your mind so all they have to do is move your consciousness into that pathway and it’ll naturally follow the path of least resistance. If you don’t question those images, then you’ll suck them up. The bigger the lie more repeated, the more it becomes true. You need to disrupt that neural pathway in your mind by questioning it. Know they’re using subliminal crud against you.
Analog to digital TV
Used to cram more subliminal messages to us.
Is there something in the ALTA reports to suggest illness in ppl or animals attributed to an increase in atmospheric mold exacerbated by chemtrails?
Yes, we’ve had that since 2003. The language goes out far enoug to encapsulate Morgellans Disease, the fiber disease as well that will affect us at least thru the next two generations for forty years.
When will a new form of currency come around?
The death of the dollar will spend a whole year from 9/09 thru 9/10, within that time an underlying technology will transform the planet and will do away with currencies as we know them now. It may mean there is no currency or a global caloric credit but it does appear there will be a large collective of individuals run by a majority of women. By the time we get to 2013, this pan-global feminine collective will have worked out a new form of global currency. There is a resource shift that will go on at this time. A billion people will die in the next few years, if all goes well. We’ll still be resource restrained. There’s enough of resources left as a species to propel us for 10 billion people, to clean up our planet to get us into a class 1 civilization but we’ll have to so very carefully because there’s many opportunities to make horrific mistakes. A new form of currency won’t last. Currency does not appear to be a big deal to that future society.
The dollar we be gone by November 2, 2010 with the main bulge of that being gone by the summer of next year. The Amero will never happen.
Microchipping the population
The possibility is very, very low. We don’t see any of the linguistics going on now. There will be satellite disruptions by early 2012, there won’t be any form of cable broadcast TV that will be meaningful. Most of the good stuff from my viewpoint occurs from July (2010) onward, so I’m just trying to get thru July and things will lessen up a little bit. The computer chip thing is part of the old paradigm and won’t extend into the future. The idea of central control of anything will start to die by July of next year.
Can we equate the Aquarian Age with free will?
Certainly… and knowledge because you can’t have will power unless you have knowledge to effectively use it
People are concerned with losing freedom of speech, freedom of the press, etc., We all know the press is no longer what it used to be when the press is owned by 85% is owned by 5 companies, there’s a mediaopoly.
Those 5 companies are owned by a tight collection of people that are related thru blood to the Zionist bankers. There’s never been freedom of the press unless you owned the press. Now we all own the press thru the power of the internet and TPTB find this very difficult to cope with because they’ve made themselves very financially dependant on it, so they can’t shut it down without affecting their buddies with whom they cohabit and need support and get their living off the internet.
Losing the Internet Bill S773
Data indicates that they will attempt to do this twice during the revolution.
If you know the IP address, you can still access the internet….then they’ll come up with schemes to block IP addresses. There is an alternative form that will be hosted on bulletin board-like systems that used to exist prior to the internet. The only thing that is discreet and centralized about the internet is the DNS servers and we can all live without that, we just have to make adjustments. When they try to shut it down around the equinox, March 23rd of next year, when that occurs and it fails, they’re gonna be rather shocked at the response. I can’t go into any detail because I don’t want to frontload TPTB about that.
Red Dawn or Jericho scenario?
Nothing suggests anything like either. There’s gonna be catastrophic problems and we still have, for instance, words around the idea that there may be a mass evacuation of the US northward, or the northern hemisphere northward in general. There are some things described as the alien wars that could resemble that but it’s not a Russian or Cuban invasion of the US.
Project Bluebeam false flag?
We do see an explicit attempt by TPTB on their last gasp attempt during a revolutionary chaotic phase, of what everybody is calling this Project Bluebeam or fake ET invasion. That does not cause the alien wars data to exist. It won’t be successful.
ET contact
We do have to deal with real issues and relative to our species of humans relative and consciousness that is not human and not from this world. There is also going to be humans that are off-world that are non-tarin (sp?). Then there’s gonna be non-tarin, nonhuman consciousness that we’re going to be interacting with as well.
Is our present reality similar to the Starship Enterprise Holodeck reality?
Yes, absolutely. This is another part of the step from a class 0 to a class 1 society. (manifesting roast carrots)
Water control
Once we get to the ZPM, the zero point modules, then it won’t even be necessary nto do that because you’ll tell the energy waves around you to manifest oxygen and hydrogen in the form of water.
The death of TPTB
TPTB won’t have any kind of power in a long term fashion past July 2010. Once we get past that point TPTB are in their very last end days that may stretch out 18 months to two years beyond that and we may be still rooting a few of them out in 2015 and 2017. In the main, the back will be broken of this evil collection of nasty feudalists that think they own the rest planet and the egalitarianism which is the hallmark of a class 1 society will start to emerge in a real meaningful way and will allow us to get around many of these energy resources.
Revolution of the Mind
A temporary set of conditions lead to this planetary level of a revolution. It’s not only political, geopolitical or technological; it’s a revolution of the mind. We’ll start grasping in greater numbers our place in a class 1 society in a planetary system that is part of a galactic collective. It’ll be a global process across all of humanity. Over time, it’ll be less meaningful that you’re born in the US, as opposed as Canada, Finland, China or anyplace. As we shed this central bank and central government and warfare model that we’ve been under for the last 5000 years, getting rid of that karma will not be an easy process but getting thru it will be challenging, invigorating and satisfying as we all collectively invent new ways of doing stuff that eliminates the need for us to care about government, per se.
State capitols building underground bunkers
Its part of the fear process that’s motivating TPTB. They’re desperately afraid of something that they think will occur between October 2011 and May or so of 2013. They may have some real reason to fear something they’re not sharing what that fear is (my guess is that we all become totally transparent and telepathy becomes the form of communication). We don’t see it being successful and in the process of the revolution, all kinds of information will come out from July onward of next year, that will lay bear all their fears and what they’ve been writing about for years amongst themselves and we’ll know from that point on. It’ll take a few months, not everything comes out in July.
December 21, 2012
We have data points that are now being reinforced by stuff that’s coming out with the aliens that suggests that we will certainly make, or at least be given the opportunity by the universe, for the species to make the jump from a class0 to a class 1 society. In support of that, we also have interesting Russian and other, astrophysicists and stellar evolutionist guys that are writing now, that curiously, it may be that this particular cycle we’re in ends all cycles. Now let me be clear about that. The cycles that we’re seeing astrologically within our solar system are predicated on an idea that we’re part of the Milky Way and we’re not. We’re part of the Sagittarius B Dwarf Galaxy. This can be proven by infrared, it’s disputed on all of the astronomy forums but it doesn’t matter. In fact, the Russians are suggesting, these two particular Russian astrophysicists…one’s an astrophysicist and the other is a stellar evolutionist, they’re written a couple papers that suggest by the time we get to that point, December of 2012, our solar system will be finally and permanently attached to the Milky Way Galaxy and won’t ever leave the Milky Way Galaxy. Since the past 35-40,000 years at least but probably on the order of millions of years, we’ve been drawn out of Sagittarius B Galaxy as the Milky Way Galaxy eats Sagittarius B. Our solar system has been going up and down thru a sine wave pattern thru this band of magnetism and that has been the cause of some of our catastrophic problems. The Russians are of the opinion that we will be captured by Milky Way Galaxy (MWG) this time thru and we will become part of the third minor spiral arm of the MWG as a permanent address from this point forward and they have some interesting thoughts about that because as we pass up and down thru the thin edge of the plate of the MWG, we’re subjected to much more radiation from all of the suns that are part of the MWG that are spreading out all of their radiation from the center in this flat, spiral plate form. In the past, it’s only been a brief exposure that has hit Earth and our solar system and now it’ll be permanent from that time on, and so they’re saying even after that point, maybe no astrological alignments will ever occur that have ever occurred in the past and that none of those in the past will ever occur again, simply because we’ll now be part of a new galaxy. It does seem to lend some credence to the idea that we may be permanently captured now and curious that the Maya may just end their count, not because of the end of the world, but because of the end of the astrology and astronomy upon which they based their systems, even though their systems are actually counts and consciousness extrapolated, they began as astrological calculators on one level and if that disappeared, then they would just stop they calendar because everything would be new from that point forward. Basically what they’re saying is that new patterns will exist, new forms of energy, and new astronomy, and new astrological potential from that astronomy will exist from the point of 2012 onward. It just is an interesting coincidence that they stopped their long count calendar at that point because they may have known there is no point continuing because it would be an entirely new world with new energies affecting us.
We need to raise our vibrations in order to survive what coming. Do you lend any credence to that?
Certainly, especially at the level of actual energy. We’re going to be captured at the point at the highest level of the intensity of radiation of all different kinds. It may be extra light and who knows? We just don’t know all the kinds of energies that will affect us. We will there after become part of the MWG . Since matter does not exist, and it’s just an issue of the vibratory frequencies of energy all colliding with each other to make us think that matter exists, then that premise has a whole lot of theoretical underpinning to give it some credence that vibration will indeed be an issue. The whole idea of vibratory frequencies, nuclear atoms and everything will change. It might be that everyone suddenly becomes a super enlightened, super person. Unlikely, but that might be at the far end of the TPTB if we become very enlightened. And curiously, if you go to YouTube and look up Zbigniew Brzezinski you can see a couple of statements that he made recently where he says we, meaning TPTB, are very afraid of a global and sudden political mindset awakening. Now what would they be afraid of that would cause that mindset of awakening to come across so suddenly that they’re overwhelmed by it? They’re afraid that it’ll occur this year.
Are you implying DNA Upgrade because of these changes?
Yes, that is definitely an implication, However much evidence there is for that to occur is anybody’s guess.
Is there any connection between Scientology and the Secret Government? Is Scientology the philosophical background of the Black World?
I would say there is certainly a connection.
Flu Shots
US Government doesn't have enough personnel to implement forced vaccinations. Whole schools will be closed from parents pulling their kids due to forced vaccinations...will cause chaos in school systems nationwide.
FEMA Camps - Internment Relocation Specialists being hired right now
All it really is a request for applications to fill positions. Not enough $$ in our current budget to hire enough people to man enough posts to create actual internment camps. If there was going to be a big push on internment camps, there would be cement trucks and purchases in these areas. Cement sales are down....it's all fear-based propaganda. There isn't enough people to round up and maintain these camps. 1/3 of all people will refuse the flu vaccine = 100 million people in the US.
Outsourcing - Foreign troops or United Nations to enforce FEMA camps?
Logistics state this can't happen. They would need millions of troops and these numbers don't exist.
The numbers argue against it. 1970's Swine Flu - ppl were 16x more likely to have a fatal incident than ppl who just got the flu. We now have that history. If the gov wanted ppl to show up for the vaccine, they should remain soft and create enough fear to voluntarily take the vaccine.
The collapsing dollar will put pressure on everything including the government to do anything. For every 12 months you work, you give 8 to the government. That cannot continue. The people should recall every representative that they can possibly do because it will be too late to wait until 2010 to vote them out. No diffeence between Obama and McCain in their ideologies because they're funded and controlled by the same masters. We have the ability to recall politicians. They don't work for the populus, they work for the shadow government.
Revolution in 2010
Congress has an approval rating of 12% but 90+ re-election rate. Congress uses the divide and conquer process. (voting for the lesser of two evils). The universe will put us in a position by July 2010 to where mass movements will occur in such a manner to make the mass movements in the 60's look puny...to make any other mass movement on the planet look like training exercises. TPTB will not be able to withstand this...there will be a mob action with millions of people involved.
Nearly a billion of ppl will die this upcoming year...disease, revolutionary war and starvation associated with the collapsing dollar. This will cause conditions that will resemble the French Revolution
Swine Flu & Forced Vaccinations
Real purpose is population reduction. It will be a long term effect that will cause people to die.
What happens if we refuse the vaccine?
Let them make it a criminal offense. If enough people are criminal, then they have no power. The gov's only power is to legislate and to create money. They try to make you take a stand by making you a criminal. My stand would be, make me a criminal..then I’m in a real good subclass with the rest of the population later. Then it’s up to them to have a response. If I stand as a sovereign individual, there is nothing you can do to compel me to do this. At some point if you force me to cross the line and band to do that, then the gov is risking their position and power. If you do that to enough people, the lack of them will become noticed. The refuseniks will start with the soccer moms who refuse to let their children get vaccinated. 15-20% will be refuseniks, and up to 90% of children may not go to school. We can shut them down with non-cooperation.
7th Day Adventist doctor is talking about the danger of vaccinating against anything that’s a swine protein. Has to do with similarity of the pig and human’s proteins, which is only 2 small molecules different from our own.
Waiver for Flu Shot?
There are in some places. In WA, you don’t have to take the vaccine. There are healthcare waivers in some states. It won’t matter because you’re still playing their game. Just say NO instead.
Government plans on 4% of refusals to vaccine. Fear thru $1,000 day fine. People will go from criminal to revolutionary because of this.
Divide and Conquer
The MSM tells us we’re divided. They’re only in your own mind. We have a class division that’s coming out. It will be a class struggle, not racial or religious.
The revolution will occur with or without the forced vaccinations. They’ll still try something else, the dollar will collapse by fall, there will be international incidents that cause food shortages, economic collapse, unemployment, etc.. The bigger the gov, the bigger the lies. All of their lies will come to not because the lies will become exposed. e.g. lies on the unemployment numbers. By January 2010, they might say the unemployment rate is 11% but it’ll be more like 40%. This will motivate ppl to participate ppl in the next phase of the American Revolution. Between January and July, we’re gonna get real active. In July it turns and we start to take things back.
How will the Gov make their case to force the vaccinations?
Scientists are trying to alter the H1N1 into a stronger virus to be released by January. H1N1 actually mutates into something less lethal as it goes forward. They’re gonna have to engineer something in the lab that’ll scare people to fall into line with the vaccinations.
Swine Flu Vaccine was patented over a year ago before the flu ever existed. The flu was cooked up in a lab.
Vitamin D and Vitamin D3. Try to maintain 5000 units of Vitamin D each day.
In January, 1 or 2 localities, maybe more 30-40 localities, and the gov will plant a more lethal version of this flu where 2/3 of the school populus comes up with this sickness, trying to force others to take the vaccine. There will be a terrible backlash of the vaccine… will cause a health case crisis of its own later in 2010 in our ability to support those who are sick from the vaccine.
Our body creates 40,000 international units of Vitamin D in just two hours in the sun.
Why is January and February so critical for TPTB to do the checkmate?
Lower light levels in February. Less exposure to sun and producing enough vitamin D. People are indoor “critters” during the winter and don’t make their own vitamin D. Our immune system is at its weakest in January and February in the northern hemisphere in those months.
Chemtrails: Is there a correlation to chemtrails and forced vaccination. e.g. high amount of aluminum in chemtrails.
Aluminum has a correlation with Alzheimer’s and dementia. It creates the loss of the ability to control our emotional state. At low levels, it produces a lowering of will and makes you more compliant.
Fluoride in the water is attempting to make us more docile.
Chemtrails
Population density is the trigger for chemtrails. The chemtrail patents all seem to be going to the idea to be reducing radiation from space. If this were true, there would be spraying over some large areas over the desert (in heat islands such as the ones found in larger, densely populated areas). Chemtrail contents include aluminum, barium, silica, cadnium, etc. Usually TPTB would waste resources that way. They’re trying to reflect energies away from population centers or there is a specific subset of mineral based compounds that they want humans to ingest. We’re burning up 9,000 gallons an hours in the US just to maintain chemtrails over the west coast. Where’s the money coming from? The taxpayers.
The Revolution
This won’t be like our last revolutions. It will spread along the population where we all realize we’ve been used as slaves all of our lives and the slaves will be revolting. Our data in the longer terms suggests by November 2010, chemtrails won’t be an issue anymore.
If Israel reconsiders their attack on the Iranian underground bunker and as a result no radioactivity is released into the atmosphere, is it still probable the consequences as outlines in the Alta Reports will still occur?
In a sense that certainly is the case. If the Israelis don’t attack Iran, there might be an “ill wind’ that instead of bringing radioactivity, it might bring a new mutated swine flu, a poisonous form of chemtrails, methane gas being released from the Pacific Ocean and gassing the pacific coast, so it doesn’t negate the higher level archetypes because some of the detail levels we chose as the most probable never materialized.
Can CIA or Mossad flood the web with misleading data?
No
Will the US Federal Government in Washington DC still exist and function after the overthrow of TPTB?
The government won’t be the same. We won’t have the same relationship to a centralized government. When TPTB goes, so does the central bank. At this point, I can’t predict what type of form it will be because we haven’t invented it yet. It’s up to us. The central bank and warfare model is dieing and won’t exist by 2015 and will be a remnant of itself by 2010.
Going from a planetary society to a Class 1 civilization
Between 2010-2015, our planet has the opportunity to become a Class 1 civilization where we have the ability to affect local regions of space by colonizing the moon or Mars. During this time there will be vast amounts of chaos. TPTB are going to suffer their downfall. Their infrastructure will go away into something that we can’t describe at this time.
Will people on their own to survive without government support?
That’s the indication we get. Right now, there isn’t any real government support for anybody and they demonstrate that repeatedly since (Hurricane) Katrina. People need to realize they’re on their own and their destiny is in their own hands.
What about resources to survive (e.g. water, food)
Get on the internet and research what you need. Dew wells get moisture from the air. Our planet can support 100 billion people if we use the resources well.
Taking the step from a class 00 to a class 1 society
The very technology at the core of taking that step from a class 00 to a class 1 society is the technology that liberates humans from having to bow down to any kind of centralized authority because it gives you, for instance, infinite energy in the form of ZPM machines, anti- gravity, the potential to have replication, the potential to tickle the template to create a plate of cheese from a pile of sand where you don’t have to worry about scarcity and it liberates you in a fashion that’s best discussed as a true liberation of the mind. When that occurs, it’s like, “Why do I care about the Central Bank and what they want to order me to do?”
Renewable energy status
…was created and existed since 1956. The shadow governments were very successful with that stuff in the 60’s. It exists now but there’s a barrier between us and it.
Will any US body called the government have any enforcement power over the people?
For a brief period of time, that will be the case. We’ll have that, especially in 2010. From July 2010 onward, we will have passed the peak of the ability of a central government in the US to enforce anything on the populous and in fact, the minions of the central government of the US will be on the run from July onward.
Does your predictive language indicate an effort to deliberately kill American citizens or military personnel thru the forced H1N1 program?
Leave out the word force and I’ll agree with you. From January onward, it’ll be mportant for Americans to maintain their health.
If Marshall Law is imposed, will guns be taken?
It’s too big of a task. Only a small percentage of the population was left behind with Katrina. Presidential Directive 51 is just a law…words on a sheet of paper. You can be afraid of that language if you want, but you’re attempting to manifest the outcome they want.
Nazi Germany
It’ll take 20 million people to enforce this. Once that spark goes (the revolution) it will spread very rapidly. The melting pot works against TPTB. We have more in common with ourselves than with the political elite. TPTB will try to shift the blame from them to the financial minions (banker, brokers, etc) and they’ll attempt to take that smear and move it down to the Jewish population in general and after we’ve slaughtered all of the bankers and we still have that anger, we’ll be turning it to TPTB and they won’t want that. This is the only risk we see to the revolution impetus. It’s just like Nazi Germany all over again. They used a common hatred of the bankers who happened to be Zionist Jews and transferred it to the Jewish population at large and there you go. And they’re gonna try it all over again because it worked so well the first time.
They try to create neural pathways in your mind, based on Neuro Linguistic Programming (NLP). It’s a form of hypnosis that creates a pathway in your mind so all they have to do is move your consciousness into that pathway and it’ll naturally follow the path of least resistance. If you don’t question those images, then you’ll suck them up. The bigger the lie more repeated, the more it becomes true. You need to disrupt that neural pathway in your mind by questioning it. Know they’re using subliminal crud against you.
Analog to digital TV
Used to cram more subliminal messages to us.
Is there something in the ALTA reports to suggest illness in ppl or animals attributed to an increase in atmospheric mold exacerbated by chemtrails?
Yes, we’ve had that since 2003. The language goes out far enoug to encapsulate Morgellans Disease, the fiber disease as well that will affect us at least thru the next two generations for forty years.
When will a new form of currency come around?
The death of the dollar will spend a whole year from 9/09 thru 9/10, within that time an underlying technology will transform the planet and will do away with currencies as we know them now. It may mean there is no currency or a global caloric credit but it does appear there will be a large collective of individuals run by a majority of women. By the time we get to 2013, this pan-global feminine collective will have worked out a new form of global currency. There is a resource shift that will go on at this time. A billion people will die in the next few years, if all goes well. We’ll still be resource restrained. There’s enough of resources left as a species to propel us for 10 billion people, to clean up our planet to get us into a class 1 civilization but we’ll have to so very carefully because there’s many opportunities to make horrific mistakes. A new form of currency won’t last. Currency does not appear to be a big deal to that future society.
The dollar we be gone by November 2, 2010 with the main bulge of that being gone by the summer of next year. The Amero will never happen.
Microchipping the population
The possibility is very, very low. We don’t see any of the linguistics going on now. There will be satellite disruptions by early 2012, there won’t be any form of cable broadcast TV that will be meaningful. Most of the good stuff from my viewpoint occurs from July (2010) onward, so I’m just trying to get thru July and things will lessen up a little bit. The computer chip thing is part of the old paradigm and won’t extend into the future. The idea of central control of anything will start to die by July of next year.
Can we equate the Aquarian Age with free will?
Certainly… and knowledge because you can’t have will power unless you have knowledge to effectively use it
People are concerned with losing freedom of speech, freedom of the press, etc., We all know the press is no longer what it used to be when the press is owned by 85% is owned by 5 companies, there’s a mediaopoly.
Those 5 companies are owned by a tight collection of people that are related thru blood to the Zionist bankers. There’s never been freedom of the press unless you owned the press. Now we all own the press thru the power of the internet and TPTB find this very difficult to cope with because they’ve made themselves very financially dependant on it, so they can’t shut it down without affecting their buddies with whom they cohabit and need support and get their living off the internet.
Losing the Internet Bill S773
Data indicates that they will attempt to do this twice during the revolution.
If you know the IP address, you can still access the internet….then they’ll come up with schemes to block IP addresses. There is an alternative form that will be hosted on bulletin board-like systems that used to exist prior to the internet. The only thing that is discreet and centralized about the internet is the DNS servers and we can all live without that, we just have to make adjustments. When they try to shut it down around the equinox, March 23rd of next year, when that occurs and it fails, they’re gonna be rather shocked at the response. I can’t go into any detail because I don’t want to frontload TPTB about that.
Red Dawn or Jericho scenario?
Nothing suggests anything like either. There’s gonna be catastrophic problems and we still have, for instance, words around the idea that there may be a mass evacuation of the US northward, or the northern hemisphere northward in general. There are some things described as the alien wars that could resemble that but it’s not a Russian or Cuban invasion of the US.
Project Bluebeam false flag?
We do see an explicit attempt by TPTB on their last gasp attempt during a revolutionary chaotic phase, of what everybody is calling this Project Bluebeam or fake ET invasion. That does not cause the alien wars data to exist. It won’t be successful.
ET contact
We do have to deal with real issues and relative to our species of humans relative and consciousness that is not human and not from this world. There is also going to be humans that are off-world that are non-tarin (sp?). Then there’s gonna be non-tarin, nonhuman consciousness that we’re going to be interacting with as well.
Is our present reality similar to the Starship Enterprise Holodeck reality?
Yes, absolutely. This is another part of the step from a class 0 to a class 1 society. (manifesting roast carrots)
Water control
Once we get to the ZPM, the zero point modules, then it won’t even be necessary nto do that because you’ll tell the energy waves around you to manifest oxygen and hydrogen in the form of water.
The death of TPTB
TPTB won’t have any kind of power in a long term fashion past July 2010. Once we get past that point TPTB are in their very last end days that may stretch out 18 months to two years beyond that and we may be still rooting a few of them out in 2015 and 2017. In the main, the back will be broken of this evil collection of nasty feudalists that think they own the rest planet and the egalitarianism which is the hallmark of a class 1 society will start to emerge in a real meaningful way and will allow us to get around many of these energy resources.
Revolution of the Mind
A temporary set of conditions lead to this planetary level of a revolution. It’s not only political, geopolitical or technological; it’s a revolution of the mind. We’ll start grasping in greater numbers our place in a class 1 society in a planetary system that is part of a galactic collective. It’ll be a global process across all of humanity. Over time, it’ll be less meaningful that you’re born in the US, as opposed as Canada, Finland, China or anyplace. As we shed this central bank and central government and warfare model that we’ve been under for the last 5000 years, getting rid of that karma will not be an easy process but getting thru it will be challenging, invigorating and satisfying as we all collectively invent new ways of doing stuff that eliminates the need for us to care about government, per se.
State capitols building underground bunkers
Its part of the fear process that’s motivating TPTB. They’re desperately afraid of something that they think will occur between October 2011 and May or so of 2013. They may have some real reason to fear something they’re not sharing what that fear is (my guess is that we all become totally transparent and telepathy becomes the form of communication). We don’t see it being successful and in the process of the revolution, all kinds of information will come out from July onward of next year, that will lay bear all their fears and what they’ve been writing about for years amongst themselves and we’ll know from that point on. It’ll take a few months, not everything comes out in July.
December 21, 2012
We have data points that are now being reinforced by stuff that’s coming out with the aliens that suggests that we will certainly make, or at least be given the opportunity by the universe, for the species to make the jump from a class0 to a class 1 society. In support of that, we also have interesting Russian and other, astrophysicists and stellar evolutionist guys that are writing now, that curiously, it may be that this particular cycle we’re in ends all cycles. Now let me be clear about that. The cycles that we’re seeing astrologically within our solar system are predicated on an idea that we’re part of the Milky Way and we’re not. We’re part of the Sagittarius B Dwarf Galaxy. This can be proven by infrared, it’s disputed on all of the astronomy forums but it doesn’t matter. In fact, the Russians are suggesting, these two particular Russian astrophysicists…one’s an astrophysicist and the other is a stellar evolutionist, they’re written a couple papers that suggest by the time we get to that point, December of 2012, our solar system will be finally and permanently attached to the Milky Way Galaxy and won’t ever leave the Milky Way Galaxy. Since the past 35-40,000 years at least but probably on the order of millions of years, we’ve been drawn out of Sagittarius B Galaxy as the Milky Way Galaxy eats Sagittarius B. Our solar system has been going up and down thru a sine wave pattern thru this band of magnetism and that has been the cause of some of our catastrophic problems. The Russians are of the opinion that we will be captured by Milky Way Galaxy (MWG) this time thru and we will become part of the third minor spiral arm of the MWG as a permanent address from this point forward and they have some interesting thoughts about that because as we pass up and down thru the thin edge of the plate of the MWG, we’re subjected to much more radiation from all of the suns that are part of the MWG that are spreading out all of their radiation from the center in this flat, spiral plate form. In the past, it’s only been a brief exposure that has hit Earth and our solar system and now it’ll be permanent from that time on, and so they’re saying even after that point, maybe no astrological alignments will ever occur that have ever occurred in the past and that none of those in the past will ever occur again, simply because we’ll now be part of a new galaxy. It does seem to lend some credence to the idea that we may be permanently captured now and curious that the Maya may just end their count, not because of the end of the world, but because of the end of the astrology and astronomy upon which they based their systems, even though their systems are actually counts and consciousness extrapolated, they began as astrological calculators on one level and if that disappeared, then they would just stop they calendar because everything would be new from that point forward. Basically what they’re saying is that new patterns will exist, new forms of energy, and new astronomy, and new astrological potential from that astronomy will exist from the point of 2012 onward. It just is an interesting coincidence that they stopped their long count calendar at that point because they may have known there is no point continuing because it would be an entirely new world with new energies affecting us.
We need to raise our vibrations in order to survive what coming. Do you lend any credence to that?
Certainly, especially at the level of actual energy. We’re going to be captured at the point at the highest level of the intensity of radiation of all different kinds. It may be extra light and who knows? We just don’t know all the kinds of energies that will affect us. We will there after become part of the MWG . Since matter does not exist, and it’s just an issue of the vibratory frequencies of energy all colliding with each other to make us think that matter exists, then that premise has a whole lot of theoretical underpinning to give it some credence that vibration will indeed be an issue. The whole idea of vibratory frequencies, nuclear atoms and everything will change. It might be that everyone suddenly becomes a super enlightened, super person. Unlikely, but that might be at the far end of the TPTB if we become very enlightened. And curiously, if you go to YouTube and look up Zbigniew Brzezinski you can see a couple of statements that he made recently where he says we, meaning TPTB, are very afraid of a global and sudden political mindset awakening. Now what would they be afraid of that would cause that mindset of awakening to come across so suddenly that they’re overwhelmed by it? They’re afraid that it’ll occur this year.
Are you implying DNA Upgrade because of these changes?
Yes, that is definitely an implication, However much evidence there is for that to occur is anybody’s guess.
Is there any connection between Scientology and the Secret Government? Is Scientology the philosophical background of the Black World?
I would say there is certainly a connection.
Sunday, August 22, 2010
Without A Revolution, Americans Are History
By Paul Craig Roberts – VDARE.Com
The United States is running out of time to get its budget and trade deficits under control. Despite the urgency of the situation, 2010 has been wasted in hype about a non-existent recovery. As recently as August 2 Treasury Secretary Timothy F. Geithner penned a New York Times Column, Welcome to the Recovery.
As John Williams (shadowstats.com) has made clear on many occasions, an appearance of recovery was created by over-counting employment and undercounting inflation. Warnings by Williams, Gerald Celente, and myself have gone unheeded, but our warnings recently had echoes from Boston University professor Laurence Kotlikoff and from David Stockman, who excoriated the Republican Party for becoming big-spending Democrats.
It is encouraging to see a bit of realization that, this time, Washington cannot spend the economy out of recession. The deficits are already too large for the dollar to survive as reserve currency, and deficit spending cannot put Americans back to work in jobs that have been moved offshore.
However, the solutions offered by those who are beginning to recognize that there is a problem are discouraging. Kotlikoff thinks the solution is massive Social Security and Medicare cuts or massive tax increases or hyperinflation to destroy the massive debts.
Perhaps economists lack imagination, or perhaps they don’t want to be cut off from Wall Street and corporate subsidies, but Social Security and Medicare are insufficient at their present levels, especially considering the erosion of private pensions by the dot com, derivative and real estate bubbles. Cuts in Social Security and Medicare, for which people have paid 15% of their earnings all their life, would result in starvation and deaths from curable diseases.
Tax increases make even less sense. It is widely acknowledged that the majority of households cannot survive on one job. Both husband and wife work and often one of the partners has two jobs in order to make ends meet. Raising taxes makes it harder to make ends meet—thus more foreclosures, more food stamps, more homelessness. What kind of economist or humane person thinks this is a solution?
Ah, but we will tax the rich. The usual idiocy. The rich have enough money. They will simply stop earning.
Let’s get real. Here is what the government is likely to do. Once the Washington idiots realize that the dollar is at risk and that they can no longer finance their wars by borrowing abroad, the government will either levy a tax on private pensions on the grounds that the pensions have accumulated tax-deferred, or the government will require pension fund managers to purchase Treasury debt with our pensions. This will buy the government a bit more time while pension accounts are loaded up with worthless paper.
The last Bush budget deficit (2008) was in the $400-500 billion range, about the size of the Chinese, Japanese, and OPEC trade surpluses with the US. Traditionally, these trade surpluses have been recycled to the US and finance the federal budget deficit. In 2009 and 2010 the federal deficit jumped to $1,400 billion, a back-to-back trillion dollar increase. There are not sufficient trade surpluses to finance a deficit this large. From where comes the money?
The answer is from individuals fleeing the stock market into “safe” Treasury bonds and from the bankster bailout, not so much the TARP money as the Federal Reserve’s exchange of bank reserves for questionable financial paper such as subprime derivatives. The banks used their excess reserves to purchase Treasury debt.
These financing maneuvers are one-time tricks. Once people have fled stocks, that movement into Treasuries is over. The opposition to the bankster bailout likely precludes another. So where does the money come from the next time?
The Treasury was able to unload a lot of debt thanks to “the Greek crisis,” which the New York banksters and hedge funds multiplied into “the euro crisis.” The financial press served as a financing arm for the US Treasury by creating panic about European debt and the euro. Central banks and individuals who had taken refuge from the dollar in euros were panicked out of their euros, and they rushed into dollars by purchasing US Treasury debt.
This movement from euros to dollars weakened the alternative reserve currency to the dollar, halted the dollar’s decline, and financed the massive US budget deficit a while longer.
Possibly the game can be replayed with Spanish debt, Irish debt, and whatever unlucky country swept in by the thoughtless expansion of the European Union.
But when no countries remain that can be destabilized by Wall Street investment banksters and hedge funds, what then finances the US budget deficit?
The only remaining financier is the Federal Reserve. When Treasury bonds brought to auction do not sell, the Federal Reserve must purchase them. The Federal Reserve purchases the bonds by creating new demand deposits, or checking accounts, for the Treasury. As the Treasury spends the proceeds of the new debt sales, the US money supply expands by the amount of the Federal Reserve’s purchase of Treasury debt.
Do goods and services expand by the same amount? Imports will increase as US jobs have been offshored and given to foreigners, thus worsening the trade deficit. When the Federal Reserve purchases the Treasury’s new debt issues, the money supply will increase by more than the supply of domestically produced goods and services. Prices are likely to rise.
How high will they rise? The longer money is created in order that government can pay its bills, the more likely hyperinflation will be the result.
The economy has not recovered. By the end of this year it will be obvious that the collapsing economy means a larger than $1.4 trillion budget deficit to finance. Will it be $2 trillion? Higher?
Whatever the size, the rest of the world will see that the dollar is being printed in such quantities that it cannot serve as reserve currency. At that point wholesale dumping of dollars will result as foreign central banks try to unload a worthless currency.
The collapse of the dollar will drive up the prices of imports and offshored goods on which Americans are dependent. Wal-Mart shoppers will think they have mistakenly gone into Neiman Marcus.
Domestic prices will also explode as a growing money supply chases the supply of goods and services still made in America by Americans.
The dollar as reserve currency cannot survive the conflagration. When the dollar goes the US cannot finance its trade deficit. Therefore, imports will fall sharply, thus adding to domestic inflation and, as the US is energy import-dependent, there will be transportation disruptions that will disrupt work and grocery store deliveries.
Panic will be the order of the day.
Will farms will be raided? Will those trapped in cities resort to riots and looting?
Is this the likely future that “our” government and “our patriotic” corporations have created for us?
To borrow from Lenin, “What can be done?”
Here is what can be done. The wars, which benefit no one but the military-security complex and Israel’s territorial expansion, can be immediately ended. This would reduce the US budget deficit by hundreds of billions of dollars per year. More hundreds of billions of dollars could be saved by cutting the rest of the military budget, which in its present size, exceeds the budgets of all the serious military powers on earth combined.
US military spending reflects the unaffordable and unattainable crazed neoconservative goal of US Empire and world hegemony. What fool in Washington thinks that China is going to finance US hegemony over China?
The only way that the US will again have an economy is by bringing back the offshored jobs. The loss of these jobs impoverished Americans while producing over-sized gains for Wall Street, shareholders, and corporate executives. These jobs can be brought home where they belong by taxing corporations according to where value is added to their product. If value is added to their goods and services in China, corporations would have a high tax rate. If value is added to their goods and services in the US, corporations would have a low tax rate.
This change in corporate taxation would offset the cheap foreign labor that has sucked jobs out of America, and it would rebuild the ladders of upward mobility that made America an opportunity society.
If the wars are not immediately stopped and the jobs brought back to America, the US is relegated to the trash bin of history.
Obviously, the corporations and Wall Street would use their financial power and campaign contributions to block any legislation that would reduce short-term earnings and bonuses by bringing jobs back to Americans. Americans have no greater enemies than Wall Street and the corporations and their prostitutes in Congress and the White House.
The neocons allied with Israel, who control both parties and much of the media, are strung out on the ecstasy of Empire.
The United States and the welfare of its 300 million people cannot be restored unless the neocons, Wall Street, the corporations, and their servile slaves in Congress and the White House can be defeated.
Without a revolution, Americans are history.
Paul Craig Roberts was Assistant Secretary of the Treasury during President Reagan’s first term. He was Associate Editor of the Wall Street Journal. He has held numerous academic appointments, including the William E. Simon Chair, Center for Strategic and International Studies, Georgetown University, and Senior Research Fellow, Hoover Institution, Stanford University. He was awarded the Legion of Honor by French President Francois Mitterrand. He is the author of Supply-Side Revolution : An Insider’s Account of Policymaking in Washington; Alienation and the Soviet Economy and Meltdown: Inside the Soviet Economy, and is the co-author with Lawrence M. Stratton of The Tyranny of Good Intentions : How Prosecutors and Bureaucrats Are Trampling the Constitution in the Name of Justice. Click here for Peter Brimelow’s Forbes Magazine interview with Roberts about the recent epidemic of prosecutorial misconduct.
The United States is running out of time to get its budget and trade deficits under control. Despite the urgency of the situation, 2010 has been wasted in hype about a non-existent recovery. As recently as August 2 Treasury Secretary Timothy F. Geithner penned a New York Times Column, Welcome to the Recovery.
As John Williams (shadowstats.com) has made clear on many occasions, an appearance of recovery was created by over-counting employment and undercounting inflation. Warnings by Williams, Gerald Celente, and myself have gone unheeded, but our warnings recently had echoes from Boston University professor Laurence Kotlikoff and from David Stockman, who excoriated the Republican Party for becoming big-spending Democrats.
It is encouraging to see a bit of realization that, this time, Washington cannot spend the economy out of recession. The deficits are already too large for the dollar to survive as reserve currency, and deficit spending cannot put Americans back to work in jobs that have been moved offshore.
However, the solutions offered by those who are beginning to recognize that there is a problem are discouraging. Kotlikoff thinks the solution is massive Social Security and Medicare cuts or massive tax increases or hyperinflation to destroy the massive debts.
Perhaps economists lack imagination, or perhaps they don’t want to be cut off from Wall Street and corporate subsidies, but Social Security and Medicare are insufficient at their present levels, especially considering the erosion of private pensions by the dot com, derivative and real estate bubbles. Cuts in Social Security and Medicare, for which people have paid 15% of their earnings all their life, would result in starvation and deaths from curable diseases.
Tax increases make even less sense. It is widely acknowledged that the majority of households cannot survive on one job. Both husband and wife work and often one of the partners has two jobs in order to make ends meet. Raising taxes makes it harder to make ends meet—thus more foreclosures, more food stamps, more homelessness. What kind of economist or humane person thinks this is a solution?
Ah, but we will tax the rich. The usual idiocy. The rich have enough money. They will simply stop earning.
Let’s get real. Here is what the government is likely to do. Once the Washington idiots realize that the dollar is at risk and that they can no longer finance their wars by borrowing abroad, the government will either levy a tax on private pensions on the grounds that the pensions have accumulated tax-deferred, or the government will require pension fund managers to purchase Treasury debt with our pensions. This will buy the government a bit more time while pension accounts are loaded up with worthless paper.
The last Bush budget deficit (2008) was in the $400-500 billion range, about the size of the Chinese, Japanese, and OPEC trade surpluses with the US. Traditionally, these trade surpluses have been recycled to the US and finance the federal budget deficit. In 2009 and 2010 the federal deficit jumped to $1,400 billion, a back-to-back trillion dollar increase. There are not sufficient trade surpluses to finance a deficit this large. From where comes the money?
The answer is from individuals fleeing the stock market into “safe” Treasury bonds and from the bankster bailout, not so much the TARP money as the Federal Reserve’s exchange of bank reserves for questionable financial paper such as subprime derivatives. The banks used their excess reserves to purchase Treasury debt.
These financing maneuvers are one-time tricks. Once people have fled stocks, that movement into Treasuries is over. The opposition to the bankster bailout likely precludes another. So where does the money come from the next time?
The Treasury was able to unload a lot of debt thanks to “the Greek crisis,” which the New York banksters and hedge funds multiplied into “the euro crisis.” The financial press served as a financing arm for the US Treasury by creating panic about European debt and the euro. Central banks and individuals who had taken refuge from the dollar in euros were panicked out of their euros, and they rushed into dollars by purchasing US Treasury debt.
This movement from euros to dollars weakened the alternative reserve currency to the dollar, halted the dollar’s decline, and financed the massive US budget deficit a while longer.
Possibly the game can be replayed with Spanish debt, Irish debt, and whatever unlucky country swept in by the thoughtless expansion of the European Union.
But when no countries remain that can be destabilized by Wall Street investment banksters and hedge funds, what then finances the US budget deficit?
The only remaining financier is the Federal Reserve. When Treasury bonds brought to auction do not sell, the Federal Reserve must purchase them. The Federal Reserve purchases the bonds by creating new demand deposits, or checking accounts, for the Treasury. As the Treasury spends the proceeds of the new debt sales, the US money supply expands by the amount of the Federal Reserve’s purchase of Treasury debt.
Do goods and services expand by the same amount? Imports will increase as US jobs have been offshored and given to foreigners, thus worsening the trade deficit. When the Federal Reserve purchases the Treasury’s new debt issues, the money supply will increase by more than the supply of domestically produced goods and services. Prices are likely to rise.
How high will they rise? The longer money is created in order that government can pay its bills, the more likely hyperinflation will be the result.
The economy has not recovered. By the end of this year it will be obvious that the collapsing economy means a larger than $1.4 trillion budget deficit to finance. Will it be $2 trillion? Higher?
Whatever the size, the rest of the world will see that the dollar is being printed in such quantities that it cannot serve as reserve currency. At that point wholesale dumping of dollars will result as foreign central banks try to unload a worthless currency.
The collapse of the dollar will drive up the prices of imports and offshored goods on which Americans are dependent. Wal-Mart shoppers will think they have mistakenly gone into Neiman Marcus.
Domestic prices will also explode as a growing money supply chases the supply of goods and services still made in America by Americans.
The dollar as reserve currency cannot survive the conflagration. When the dollar goes the US cannot finance its trade deficit. Therefore, imports will fall sharply, thus adding to domestic inflation and, as the US is energy import-dependent, there will be transportation disruptions that will disrupt work and grocery store deliveries.
Panic will be the order of the day.
Will farms will be raided? Will those trapped in cities resort to riots and looting?
Is this the likely future that “our” government and “our patriotic” corporations have created for us?
To borrow from Lenin, “What can be done?”
Here is what can be done. The wars, which benefit no one but the military-security complex and Israel’s territorial expansion, can be immediately ended. This would reduce the US budget deficit by hundreds of billions of dollars per year. More hundreds of billions of dollars could be saved by cutting the rest of the military budget, which in its present size, exceeds the budgets of all the serious military powers on earth combined.
US military spending reflects the unaffordable and unattainable crazed neoconservative goal of US Empire and world hegemony. What fool in Washington thinks that China is going to finance US hegemony over China?
The only way that the US will again have an economy is by bringing back the offshored jobs. The loss of these jobs impoverished Americans while producing over-sized gains for Wall Street, shareholders, and corporate executives. These jobs can be brought home where they belong by taxing corporations according to where value is added to their product. If value is added to their goods and services in China, corporations would have a high tax rate. If value is added to their goods and services in the US, corporations would have a low tax rate.
This change in corporate taxation would offset the cheap foreign labor that has sucked jobs out of America, and it would rebuild the ladders of upward mobility that made America an opportunity society.
If the wars are not immediately stopped and the jobs brought back to America, the US is relegated to the trash bin of history.
Obviously, the corporations and Wall Street would use their financial power and campaign contributions to block any legislation that would reduce short-term earnings and bonuses by bringing jobs back to Americans. Americans have no greater enemies than Wall Street and the corporations and their prostitutes in Congress and the White House.
The neocons allied with Israel, who control both parties and much of the media, are strung out on the ecstasy of Empire.
The United States and the welfare of its 300 million people cannot be restored unless the neocons, Wall Street, the corporations, and their servile slaves in Congress and the White House can be defeated.
Without a revolution, Americans are history.
Paul Craig Roberts was Assistant Secretary of the Treasury during President Reagan’s first term. He was Associate Editor of the Wall Street Journal. He has held numerous academic appointments, including the William E. Simon Chair, Center for Strategic and International Studies, Georgetown University, and Senior Research Fellow, Hoover Institution, Stanford University. He was awarded the Legion of Honor by French President Francois Mitterrand. He is the author of Supply-Side Revolution : An Insider’s Account of Policymaking in Washington; Alienation and the Soviet Economy and Meltdown: Inside the Soviet Economy, and is the co-author with Lawrence M. Stratton of The Tyranny of Good Intentions : How Prosecutors and Bureaucrats Are Trampling the Constitution in the Name of Justice. Click here for Peter Brimelow’s Forbes Magazine interview with Roberts about the recent epidemic of prosecutorial misconduct.
Friday, August 20, 2010
A List of Goldman Sachs People in the Obama Government: Names Attached to the Giant Squid’s Tentacles
By: fflambeau Tuesday April 27, 2010 1:03 am
firedoglake
At a time when Congressional hearings are set to call testimony from some Goldman Sachs employees, it is vital to understand how widespread that institution’s ties are to the Obama administration. This diary shows the pervasive influence of Goldman Sachs and Goldman created institutions (like the Hamilton Project embedded in the Brookings Institution), employees and influence peddlers in the Obama administration.
While many of the people listed below formerly worked for Goldman Sachs or its offshoots (like the Hamilton Project, including all three of that project’s first Directors) influence can be exerted not only through people but through money, awards, sponsored scholarship, and creation of an agenda favorable to Goldman Sachs (which is where Brookings and the Hamilton Project come in and have proved especially useful to Goldman Sachs).
It is further of note that although Goldman Sachs has been the center of attention especially since Matt Taibbi’s insightful investigative journalism, that I have not been able to find a comprehensive list of the influence of Goldman Sachs in this administration. Recently in the New York Post, for instance, Michelle Malkin wrote a good article called "All the President’s Goldman Men" but she only listed the usual suspects like Larry Summers, Timothy Geithner, Rahm Emanuel, Gary Gensler and Mark Patterson.
But that’s just the tip of the Goldman Sachs iceberg. Here you will find, I believe, the most comprehensive list of people-groups yet available to show how Obama’s administration has really become the Goldman Sachs administration. But I need your help. I suspect there are far more people out there with such ties that I have missed even though I have spent lots of time researching this issue. If you know of other people who should be on this list, please help out and give the details in a comment to this diary.
One further caveat. The Obama administration is not the first administration that Goldman has infiltrated, although it is perhaps the one that has been most completely co-opted from top to bottom. Recall that former Secretary of the Treasury Paulson in the George W. Bush era came from–Goldman Sachs where he was its chief. Recall too that the brilliant, late economist John K. Galbreath has written an entire chapter of a book devoted to the Great Depression and the economic collapse of Wall St. that accompanied it to the role of Goldman Sachs.
Law professor William Black, who participated in actions against individuals in the Savings and Loan collapses decades ago, recently told Bill Moyers recently that:
"The highest return on assets is always a political contribution."
In this spirit we name the first two links between Goldman entities and the Obama administration: they are out of alphabetical order for obvious reasons. All the others are in alphabetical order.
Let’s look at the Goldman Sachs government that we have in place now, that is masked by Barack Obama. Fittingly, we begin with Obama:
OBAMA, BARACK.
Although to my knowledge he has never directly worked for Goldman, he has taken boatloads of their money (an investment repaid many times) and he calls Robert Rubin, the former head of Goldman Sachs "my friend Bob". (See the video clip of then Senator Barack Obama’s address to the Goldman-Rubin funded Hamilton Project in a link below where he uses these words and calls for cuts in entitlements and more NAFTA-type agreements).
Jesse Unruh, the late California politician and political thinker, once called "money the mother’s milk of politics." Certainly, Obama sucked at the teats of Goldman Sachs more than any other politician in recent times. It began for him as little-known Senator from Illinois with a razor- thin resume whose ambitions outshine his accomplishments. Obama’s eloquent, heavily prepped address to the Democratic National Convention caught not only the eyes of the Democratic top brass, but that of the big bankers. As early as the Spring of 2006, Senator Barack Obama was intimately involved with Bob Rubin and Goldman Sachs through his involvement with the Hamilton Project.
Fittingly, Senator Obama was chosen by Rubin and the Hamilton Project to give the inaugural address of the Hamilton Project in April, 2006. An excellent, seminal discussion of the Hamilton Project by Dr. Kirk James Murphy, M.D., can be found here. A video clip of then Senator Barack Obama speaking at the inauguration of the Hamilton Project in April, 2006 can be found here and here (with an excellent discussion) and here. Here Obama heaps lavish praise on Robert Rubin ("my friend Bob") and on the Hamilton Project while setting out its (and his subsequent administration’s agenda) of cuts in entitlements, the need for more NAFTA-type free trade pacts and a pro-big corporation government. In 2006 then, Obama was a Goldie and articulating its desires and policies.
Little wonder then, that Goldman and Rubin heavily funded Obama as a Senator (his biggest campaign contributor) and as a presidential candidate. Goldman Sachs employees (and they were not the floor cleaners) contributed $994,795 to Obama’s presidential bid, almost four times the amount they gave to his Republican opponent, according to OpenSecrets. Over Obama’s entire career, Goldman has been his second biggest contributor, according to OpenSecrets, giving him more than $1,051,000. Goldman not only wanted Obama to win, they paid lots of money to insure that their man would occupy the White House. Again, as William Black noted:
"The highest return on assets is always a political contribution."
Goldman’s 30 pieces of silver investment in Obama reaped them billions of dollars in returns as the TARP bailouts and the subsequent news about Goldman Sachs has shown. So although Obama may never have "worked for" Goldman in the traditional sense, he’s one of Robert Rubin’s boys and on Goldman’s books.
University of Minnesota political scientist Prof. Lawrence Jacobs, described the giant squid’s attachment to the Obama administration:
almost everything that the White House has done has been haunted by the personnel and the money of Goldman . . . as well as the suspicion that the White House, particularly early on, was pulling its punches out of deference to Goldman and its war chest.
BIDEN, JOE.
Is it any wonder that between his service as "Senator Credit Card", his efforts to limit busing for desegregation, and his five draft deferments at the height of the Vietnam War that Joe Biden is attached to one of Goldman’s tentacles? Goldman has been a major campaign contributor to Biden and according to OpenSecrets, Biden in 2007 alone took almost $25,000 from the Robert Rubin related Citigroup (Rubin was its head as well as being a former head of Goldman).
And guess who was the keynote speaker at the Hamilton Project 2010 kickoff event a few days ago (April 20th, 2010) Tuesday morning at the Renaissance Mayflower Hotel? That’s right: Vice President Joe Biden spoke at Goldman Sachs/Robert Rubin’s Rosemary’s Baby. You can see some pics of Biden at the Hamilton Project event along with who else–Robert Rubin–here.
As described by the Huffington Post:
Biden was speaking at the relaunch of the Hamilton Project, a think tank founded by ultimate Wall Street Democrat Robert Rubin to publicly despair about the deficit and other things bankers worry about the most.
Note too that in his address Biden paid tribute to Obama’s bipartisan deficit commission, something that the Hamilton Project and Robert Rubin (and Goldman) have been pushing for years because it really means cuts in entitlements (again, have a look at Sen. Obama’s 2006 speech at the Hamilton Project where he calls for entitlement cuts).
ALTMAN, ROGER.
Interestingly, the man who introduced Joe Biden at the Hamilton Project’s relaunch (described above) was none other than Roger Altman, who is connected to the Hamilton Project.
Altman may not hold down a desk job in the Obama administration–he’s too big a fish for that just as is Robert Rubin–but he is one of those power brokers with all encompassing contacts within the Democratic Party. Altman is a Hamilton Project member, according to Dan Frumkin’s excellent article in the Huffington Post, as well as having served as Assistant Secretary of the Treasury under none other than Mr. Goldman Sachs, Robert Rubin. He is now now Chairman of Evercore Partners, which the Hamilton Project program described as "the most active investment banking boutique in the world." (and the Obama administration is trying to sell itself as one that is getting tough on big banks and Goldman?).
Like so many of the Goldman people, Altman has a touch of scandal/criminality about him. According to Wikipedia, Altman was forced from his position as Assistant Treasury Secretary because of a records keeping scandal.
Altman is a co-author, along with Robert Rubin, of the Hamilton Project’s "From Recession to Recovery to Renewal: An Economic Strategy to Achieve Broadly Shared Growth." Some of Altman’s ties to the Goldman-Rubin funded Hamilton Project can be seen here.
BRAINARD, LAEL.
Brainard is the United States Under Secretary of the Treasury for International Affairs in the administration of President Barack Obama. She is an associate and protege of Mr. Goldman Sachs, Robert Rubin. She has written numerous articles and bookson the joys of outsourcing work overseas.
Brainard also worked at Brookings which has embedded within in Goldman Sachs and Robert Rubin’s Hamilton Project. Goldman was clever in doing this because they hid a conservative thinking, pro business group like a Trojan Horse in what is generally perceived as a liberal think tank.
Like Timothy Geithner, who is her boss, Brainard is a brainy person who had trouble with income tax rules and regulations, thus joining quite a lengthy list of Goldies who ape the law. The Washington Post reported that:
Brainard’s nomination was held up by Republican concerns over allegations that she failed to pay property taxes on time. (What is it with Treasury and tax problems?)
BUFFETT, WARREN.
Speaking of big fish, Warren doesn’t need to work for the US government or for Goldman. But he’s invested billions in Goldman expecting even greater returns. Obama has also admitted in the debates to "pal’in around" with the Sage of Omaha and Buffett is one of Obama’s fundraisers and economic advisers.
For more on Buffett see this written by Michael Winship at Truthout:
On Friday, Susan Pulliam reported on the front page of The Wall Street Journal that, "A Goldman Sachs Group Inc. director tipped off a hedge-fund billionaire about a $5 billion investment in Goldman by Warren Buffett’s Berkshire Hathaway Inc. before a public announcement of the deal at the height of the 2008 financial crisis, a person close to the situation says."
As the Journal notes, the Buffet deal came at a key point in the Wall Street collapse, restoring confidence in the markets and lifting Goldman’s stock from a 40 percent slide to a 45 percent surge. The hedge-fund billionaire in question is Raj Rajaratnam, whose Galleon Group currently is embroiled in one of the biggest insider trading scandals in history: 21, including Rajaratnam, have been charged; 11 already have pled guilty.
(emphasis added)
CLINTON, HILLARY.
Although Barack Obama was the overwhelming favorite of Goldman Sachs to be president in 2008, for he could serve as their Trojan Horse, they were smart enough to hedge their bets, so to speak and back Hillary too. According to the Washington Examiner, Goldman Sachs in 2008 alone gave:
($415,595.63 inflation adjusted), which was itself almost three times as much as Bush received as well.
And of course, it was Hillary’s hubby Bill Clinton who chose ex-Goldman chief Robert Rubin to serve in his White House. Bill, Hillary and Bob Rubin are Washington, D.C. kissing cousins.
CRAIG, GREGORY.
Another example of the revolving door between Goldman Sachs and Obama’s administration. Craig served as Obama’s White House Counsel and after resigning, has taken on a position as Goldman Sach’s chief lawyer in defending against its SEC suit. A former Goldie, Robert Hormats, sits at the top of SEC’s enforcement group too. What a hoot!
Note that Craig is a lawyer and lawyer’s rules of professional responsibility prohibit not only direct conflicts of interest but anything that hints at a conflict of interest.
Here is doubtlessly why Goldman wanted Craig as its top lawyer in the SEC complaint:
Greg Craig, Obama’s first White House counsel, has joined Goldman, we learned this week. He may not have too much pull in the West Wing, which drove him out for hewing too close to Obama’s campaign promises, but as a former insider he will provide valuable intelligence to the world’s largest investment bank.
Read more at the Washington Examiner: http://www.washingtonexaminer.com/opinion/blogs/beltway-confidential/Is-Goldman-Obamas-Enron-No-its-worse-91613449.html#ixzz0mHKfS3hl
DONILON, THOMAS.
Thomas Donilon is Deputy National Security Adviser to Barack Obama (despite having a career that is mostly involved with domestic politics). Donilon was a lawyer at O’Melveny and Myers and made almost $4 million representing meltdown clients including Penny Pritzker (of Chicago) and Goldman. This from Michelle Malkin’s article RealClearPolitics. More information is available on Donilon over at Whorunsgov.com.
DUDLEY, BILL.
Joined Goldman in 1986; partner and managing director until 2007. Federal Reserve Bank of New York President since January 2009 (replacing none other than Timothy Geithner, his Goldman compadre). This all from the Wall Street Journal.
ELMENDORF, DOUGLAS.
Elmendorf became Obama’s Director of the Congressional Budget Office in January 2009. Elmendorf previously was the Director of the Hamilton Project; it’s third.
Note too that the first 3 Directors of the Hamilton Project ALL serve in the Obama administration. While other journalists/writers have explored the links between Goldman Sachs and Obama, few have looked at the connection between the Hamilton Project and the Obama administration. Note again that the Hamilton Project was funded by Robert Rubin and Goldman Sachs. Note too that the current director of the Hamilton Project, its 4th since its founding in 2006, is Michael Greenstone. How long will it be before Greenstone goes to the Obama administration, making it a perfect 4 for 4 for Directors of the Goldman funded Hamilton Project? To show that there is a revolving door between the Obama Administration and Goldman/Rubin/Hamilton Project, Greenstone served as of Obama’s chief economic advisers.
EMANUEL, RAHM.
Rahm, of course, is Obama’s Chief of Staff, the very first person Obama selected to be in his administration. Rahm has lengthy and fruitful ties to Goldman, and vice versa. Rahm took in about $75,000 from Goldman Sachs as a Congressman and was on a $3,000 a month retainer from Goldman while he worked as Bill Clinton’s chief fund raiser.
Timothy Carney has explored some of the links between Emanuel and Goldman Sachs:
…one of Barack Obama’s top sources of funds in this past election, Goldman has always had some particularly strong allies within government. Emanuel is one such ally.
An interesting early chapter in the Goldman-Emanuel relationship took place in the setting of Bill Clinton’s campaign for the White House in 1992. Clinton hired Emanuel as his chief fundraiser.
At the same time, however, Emanuel was on the payroll of Goldman Sachs, receiving $3,000 per month from the firm to “introduce us to people,” in the words of one Goldman partner at the time. This is certainly a noteworthy relationship, but it’s one that has almost entirely escaped scrutiny.
Corporations and partnerships are and were at the time prohibited by law from contributing to federal candidates out of the corporate coffers. So, while Rahm tapped Goldman employees personally for six figures in gifts to Clinton’s candidacy—more than any other firm—Goldman, as a company, was helping keep Clinton’s top fundraiser well-fed.
…
In his four terms in Congress, Emanuel has raised $74,750 from Goldman, making the firm his number four source of funds. Goldman has helped Emanuel. How has Emanuel helped Goldman?
The most obvious answer, as mentioned in this column two weeks ago, is in Emanuel’s lead role in shepherding the “$700 billion” bailout—first proposed by former a Goldman CEO, Bush Treasury Secretary Henry Paulson—through the skeptical House.
Of course, back in the Clinton days, Goldman benefited from NAFTA and the bailout of the Mexican currency, with Emanuel pushing NAFTA through Congress, and Rubin hammering out the peso bailout.
McClatchey newspaper’s Greg Gordon, in his article entitled, "Goldman’s White House Connections Raise Eyebrows" also noted how Rahm and Goldman worked together to make money:
One White House insider who knows something about how Wall Street does business is chief of staff Emanuel, who earned millions of dollars in investment banking after he left the Clinton White House. His work for the Chicago-based financial services firm Wasserstein Perella & Co. intersected with Goldman in at least one deal.
In 1999, Emanuel was a key player representing Unicom Corp., the parent of Commonwealth Edison, in forging its merger with Peco Energy Co. to create utility giant Exelon Corp. Goldman was also advising Unicom.
The White House declined immediate comment on that connection.
So how real is the Obama/Democratic party’s supposed new toughness on big banks when the administration’s point guard was on the Goldman payroll and become a multi-millionaire through big banks and Wall St. deals?
FARRELL, DIANA.
Diana Farrell is Deputy Director of the National Economic Council (since January, 2009) in the administration of President Barack Obama. She formerly worked for two years at Goldman Sachs in New York according to Whorunsgov.com.
In 2003, Farrell was the author of a paper, "Perspective on Outsourcing" in which she argued that sending American jobs overseas might be "as beneficial to the U.S. as to the destination country, probably more so." In a book titled “The Economists’ Voice: Top Economists Take on Today’s Problems,” Farrell wrote a chapter titled “U.S. Offshoring: Small Steps to make it Win-Win.” Her chapter, published in 2008, centered on offshoring.
In the Obama administration, Farrell works with a coven of Goldies including Timothy Geithner and Larry Summers, who is her boss.
FRIEDMAN, STEPHEN.
Chairman of Obama’s Foreign Intelligence Advisory Board.
According to Wikipedia, Friedman worked for much of his career with Goldman Sachs, holding numerous executive roles. He served as the company’s co-chief operating officer from 1987 to 1990, was the company’s co-chairman from 1990 to 1992, and the sole chairman from 1992 to 1994; he still serves on the company board.
Friedman was another Goldie involved in controversy, as many of the Goldies have been in government service, involving his former employer. His actions, like other affiliated with Goldman, show scant respect for rules, regulations or laws.
Wikipedia notes:
Wikipedia notes:
On May 7, 2009 Friedman resigned as Chairman of the Federal Reserve Bank of New York in response to criticism of his December 2008 purchase of $3 million of stock in Goldman Sachs. Friedman, who remains a member of Goldman Sachs’ board, came into violation of Federal Reserve policy when Goldman was converted to a bank holding company in September 2008, thereby placing it under the regulatory authority of the New York Fed. Friedman requested a waiver from this violation when the conversion occurred, which was granted roughly two and a half months later.
FROHMAN, MICHAEL.
Robert Rubin’s Chief of Staff while Rubin served as Secretary of the Treasury and an Obama “head hunter” according to “Rubin Proteges Change Their Tune as They Join Obama’s Team” in the New York Times.
FURMAN, JASON.
Furman served as the second Director of the Hamilton Project after Peter Orszag’s departure for the Obama administration and he in turn left the Hamilton Project in June 2008 to direct economic policy for the Obama Presidential Campaign.
FUDGE, ANNE.
Obama just appointed Fudge to his budget deficit reduction committee. Fudge has been the pr craftsman for some of America’s largest corporations. She sits, according to the Washington Post, as a Trustee of the Brookings Institution within which the Hamilton Project is embedded.
GALLOGLY, MARK.
Gallogly sits on the Hamilton Project’s advisory council. He is also, according to Wikipedia, currently a member of President Barack Obama’s President’s Economic Recovery Advisory Board.
GEITHNER, TIMOTHY.
He’s one of the most documented of all people within the Obama administration while serving as Obama’s Secretary of the Treasury. He was named head of the New York Fed by none other George W. Bush, again perhaps underscoring Gore Vidal’s observation that American is run by one corporate party and it has two wings: Republican and Democratic.
While at the head of the New York Fed, Geithner prior to the crisis not only failed to see storm clouds on the horizon, he also in 2008 ordered the bailed out AIG not to disclose its sweetheart payments to big banks including, you guessed it, Goldman Sachs. Geithner also worked with W’s Treasury Secretary Paulson to fashion the TARP agreements whereby billions were handed out to Wall St.
Geithner is a protoge of both Robert Rubin and Larry Summers.
Like other Goldies, Geithner has had trouble with rules, tax regulations and various. Recall that he had trouble at his confirmation hearings over his tax returns. Whorunsgov sums them up:
At the end of the Clinton administration, Geithner moved to the International Monetary Fund, where he was director of policy development. That period led to a blot on his personal record. The IMF, unlike most employers, does not pay the employer match on Social Security and Medicare taxes. Geithner was responsible for paying those taxes himself. He did not to do so until he was audited in 2005, and even then only paid the back taxes for 2003 and 2004. He did not pay the back taxes for 2001 and 2002 until after Obama tapped him to be Treasury secretary at the end of 2008.
Many of Geithner’s actions profited Goldman Sachs directly or indirectly, such as Geithner’s decision to deny Goldman’s competitor the same treatment he gave Goldman. As Time magazine noted:
[Geithner]Would not grant Lehman Brothers the right to become a bank-holding company — a status given to both Morgan Stanley and Goldman Sachs just days after Lehman filed for bankruptcy
Lehman Brothers collapsed, leaving Goldman Sachs with fewer competitors and a greater market share.
GENSLER, GARY.
Gensler was a Goldman Sachs partner who is Obama’s Commodity Futures Trading Commission head. Gensler is the guy who as a former Treasury official exempted the $58 trillion credit default market from oversight. Those financial instrumentals played a key role in the global economic downturn and led to billions of dollars in profits for banks like Goldman Sachs.
GREENSTONE, MICHAEL.
Greenstone is the 4th Director of the Hamilton Project. Just as attorney Craig went from advising Obama to defending Goldman Sachs against the SEC complaint, Greenstone has used the revolving door to go from went an economic adviser position to Obama to one of the Goldman Sachs outlets, in this case its think tank embedded in the Brookings Institution and funded by Goldman and Robert Rubin. All 3 previous Directors of the Hamilton Project work in the Obama administration.
HAMILTON PROJECT, THE.
The pro-corporatist think group funded by Goldman Sachs and Robert Rubin and cleverly hidden in the Brookings Institution as their Rosemary’s Baby/Trojan Horse. Espouses cutbacks in entitlements, strict budgetary thinking applied to all social programs (but not the defense department); outsourcing of American jobs overseas; more NAFTA-type agreements. Three of the first 4 Directors of the Hamilton Project serve in the Obama Administration. The fourth went from an economic adviser to Obama to the Hamilton Project.
It might also help to recall that the name "Hamilton Project" is significant. Recall that Alexander Hamilton, after whom the institute was named, had as his most famous dictum that "the people are a great beast." Hamilton espoused a powerful state bank and centralized government and presidency.
Note too that Sen. Barack Obama was the inaugural speaker at the Hamilton Project and lavished praise on "my friend Bob [Rubin]" and called for cuts in entitlements (Social Security) and more NAFTA agreements. This is the same guy who lied to the electorate, then, in union states like Ohio and Pennsylvania during the Democratic primaries when he said "NAFTA needs rethinking." He is firmly and totally behind NAFTA and has done no "rethinking" of it while President and with his party in firm control of Congress.
For more information, see the reading listed below on this subject and the Project’s web site.
HORMATS, ROBERT.
The top economics official at Obama’s State Department, Hormats spent the prior 27 years at Goldman Sachs, including as the Vice Chairman of Goldman’s international arm.
Hormat’s appointment to the Obama administration led Glenn Greenwald to this observation:
A Goldman executive as COO of the SEC’s enforcement division. This is all consistent with the observation of Desmond Lachman — previously chief emerging market strategist at Salomon Smith Barney and IMF deputy director — regarding "Goldman Sachs’s seeming lock on high-level U.S. Treasury jobs," which he cited as but one of the many "parallels between U.S. policymaking and what we see in emerging markets."
Imagine how this will play out. The SEC has lodged a complaint against Goldman Sachs. Goldman’s former Vice President in charge of Business Intelligence sits in the SEC’s enforcement division while Obama’s former top lawyer, White House Counsel Gregory Craig, has gone to defend Goldman Sachs!
KASHKARI, NEEL.
Former Vice President of Goldman Sachs in San Francisco where he where he led Goldman’s Information Technology Security Investment Banking practice. Kashkari served under Treasury Secretary Paulson and was kept on by Obama after his inauguration for a limited period to work on TARP oversight.
KORNBLUH, KAREN.
Sometimes called "Obama’s brain", she serves as Obama’s Ambassador to the OECD. Kornbluh was Deputy Chief of Staff to Mr. Goldman Sachs, Robert Rubin.
LEW, JACOB (AKA "JACK") J.
Lew is the United States Deputy Secretary of State for Management and Resources. According to Wikipedia, Lew sits on the Brookings-Rubin funded Hamilton Project Advisory Board. He also served with Robert Rubin in Bill Clinton’s cabinet as Director of OMB.
Like many affiliates of the Hamilton Project, along with Barack Obama, Lew believes that fiscal discipline needs to be applied to Social Security (not much talk about runaway costs in the military budget). According to the New York Times, Lew has testified that:
“Fiscal discipline is essential to protect Social Security and strengthen Medicare, so that both will be there in the years ahead. Reducing the accumulated federal debt will help us to protect these important programs.” (Congressional testimony in March 2000.)
Also like Robert Rubin, Lew has worked with Citicorp. The New York Times reported (same link as above) that:
As executive vice president of New York University, he tangled with a union representing graduate students who help teach courses.
LIPTON, DAVID A.
According to Paul Krugman, Lipton is at now at Obama’s National Economic Council and the National Security Council. Lipton worked with Larry Summers and Timothy Geithner, again according to Krugman, on the US response to the Asian financial crisis of the 1990’s. MergeFoundations reports that Lipton worked closely with Robert Rubin:
[he] advised and assisted Secretary Rubin on many key aspects of international economic policy.
MINDICH, ERIC.
Eric Mindich, while not officially serving in the Obama administration, is a strong Obama supporter with extensive ties to the President, according to a Ben Smith/Politico article. Mindich is a hedge fund manager and sits on the Advisory Council of the Hamilton Project and has worked at Goldman Sachs. In fact, he was the youngest ever partner with Goldman Sachs at the age of 27.
According to Wikipedia:
Prior to forming Eton Park in 2004, Mindich spent 15 years at Goldman Sachs in two main roles: leading the firm’s equities risk arbitrage business and managing the firm’s equities division. He joined the firm in 1988 in the equities arbitrage department and ran that department from 1992 until 2000.[1] In 1994, at age 27, he became the youngest partner ever in the history of Goldman Sachs.[1] In 2000, he became co-chief operating officer of the equities division and in 2002 became co-head of the equities division and a member of the Goldman Sachs Management Committee. In 2003, Mindich joined the Executive Office as senior strategy officer and chair of the Firmwide Strategy Committee.
Another website, Operational Due Diligence at Checkfundmanager, indicates the following about Mindich:
In March of 2009, Eton Park’s [hedge fund founded by him] assets under management were estimated to be around $13 billion.
An article from April of 2009 lists Mr. Mindich among the “inner circle” of economic advisors to Lawrence H. Summers, who is the current chief economic adviser to President Barack Obama. Mr. Mindich is also listed in another article as being a top level Democrat fundraiser.
…Eric Mindich, founder of Eton Park fund, reportedly supports Barack Obama’s presidential candidacy (2007).
…A February 2005 article rattles off a number of impressive credentials for Eric Mindich, including launching the largest hedge fund in history, graduating summa cum laude from Harvard, becoming the youngest ever partner at Goldman Sachs, and being endorsed by former Secretary of the Treasury Robert Rubin.
ORSZAG, PETER.
Obama’s Budget Director was the founding director of the Hamilton Project, funded by Goldman Sachs and Robert Rubin. Furthermore, Wikipedia indicates that Robert Rubin, Goldman’s ex-head, was one of Orszag’s mentors.
A BBC article notes Orsag’s commitment to Hamilton Project ideals like cutting the budget (mostly by cutting entitlements) and his ties to Goldman Sachs:
Mr Obama has signalled his determination to keep the budget deficit in check by appointing Peter Orszag, the head of the Congressional Budget Office (CBO), to head the Office of Management and Budget (OMB).
It is the OMB, rather than the Treasury, that allocates government spending and estimates the size of future budget deficits.
His appointment could help ease the new president’s relations with Congress.
Peter Orszag is well-known as a fiscal conservative, who is concerned to keep spending and tax cuts in check.
He was one of the first directors of the Hamilton Project, a Brookings think tank initiative backed by Robert Rubin…
The BBC failed to point out that Goldman Sachs also contributed to funding the Hamilton Project, and he was not "one of the first directors of the Hamilton Project" he was its first Director.
PATTERSON, MARK.
former lobbyist for Goldman Sachs who serves under Timothy Geithner as his top deputy and overseer of TARP bailout funds, $10 billion of which went to Goldman.
RATTNER, STEVE.
Ratner is the shady billionaire financier who Obama appointed as his “car czar” and who resigned after it was revealed that his company, the Quadrangle Group, was apparently involved in “pay to play” for a billion dollars or so of New York State pension funds, and was under possible indictment by the New York AG and the SEC, also sits on the Advisory Council of the Goldman funded Hamilton Project.
Rattner is yet another Goldie-Hamilton Project person in trouble with the law. He was the main financial supporter of Harold Ford’s aborted New York Senate run and speculation was that Rattner wanted a Senator to help protect him.
REISCHAUER, ROBERT D.
He was a member of the Medicare Payment Advisory Commission from 2000-2009 and was its vice chair from 2001-2008. He too sits on the Hamilton Project’s advisory board.
From this excellent discussion at "Meet Robert Rubin" here’s more information on Reischauer and his extensive links to Robert Rubin:
Robert Reischauer, another policy insider who penned a memo in 2009 with fellow Brookings Institution elites calling for Obama to take "action to stem the growth of Social Security and Medicare," were recently nominated by Obama to be Social Security Trustees. (The Blahous pick he apparently owed to Senator Mitch McConnell.)
Reischauer has close ties to economic wrecking ball Robert Rubin—the Goldman Sachs chairman who became Clinton Treasury Secretary and pushed through radical deregulatory banking laws, then went to Citigroup to score $120 million for driving his company into the ground. Rubin and Reischauer knew each other at both the Harvard Corporation and the Clinton White House, where Reischauer was director of CBO. Reischauer is on the advisory board of Rubin’s Hamilton Project, and the two most recent CBO directors have come straight from Hamilton.
NOTE: since writing this, it appears the above (and the quote below on Alice Rivkin) comes word for word from an Alternet article by Matthew Skomarovsky found here.
RIVLIN, ALICE.
Obama just named in March Alice Rivlin to his so called deficit reduction commission. Have a look at her background and you’ll see why and that Obama has stacked that commission with people who want cuts in entitlements.
Again, an excellent summary of her Goldman-Brookings (read Hamilton Project) Obama connections:
One of Reischauer’s co-signers of the Brookings memo, Alice Rivlin, is another fox Obama has put in charge of the Social Security henhouse. Former Vice Chair of the Federal Reserve under Greenspan at the peak of the tech bubble, and also a Hamilton Project board member, Rivlin will likely make another great Wall Street ally on the commission. In 2004 Rivlin co-authored (with Obama’s current Office of Management and Budget Director Peter Orszag, among others) a 138-page Brookings report titled "Restoring Fiscal Sanity" advocating $47 billion in entitlement cuts, including an "increase in the retirement age under Social Security" and "more accurate inflation adjustments to Social Security benefits."
Wikipedia also says of her:
She is currently on the board of directors of the New York Stock Exchange.
Wikipedia also notes that she has extensive Brookings Institution connections (within which the Hamilton Project is now embedded) including from 1957–66, 1969–75, 1983–93, and 1999 to the present.
Rivlin is a frequent speaker at the Hamilton Project as shown by this page at the Hamilton Project’s web site; you can see videos of her talks and the subjects of her papers here.
RUBIN, JAMES.
Son of Robert Rubin (see next entry). Served as a headhunter for Obama per the New York Times article, "Rubin Proteges Change Their Tune as They Join Obama’s Team".
RUBIN, ROBERT.
Mr. Goldman Sachs and co-funder, along with Goldman, of the Hamilton Project. Served as the 70th U.S. Sect. of the Treasury under Bill Clinton and spent 26 years at Goldman Sachs becoming its Co-Chairman from 1990-1992. He also served as Chairman of Citigroup. Along with Goldman Sachs, Rubin funded the Hamilton Project embedded in the Brookings Institution. In other words, he embedded within what is perceived as a liberal think tank a Trojan Horse that espouses cutbacks in entitlements (but not Defense budgets), more NAFTA like agreements, outsourcing of jobs overseas and strict budget consciousness applied to health care. Rubin used the same tactic with Barack Obama: choosing an essentially ambitious yet cautious conservative and turning him into a Trojan Horse for his causes and those of Goldman’s/the Hamilton Project’s. Rubin is the de facto President of the United States and he and the Hamilton Project tell Obama and his administration what to do. Obama gets to ride on Air Force One.
According to a recent Politico article:
Behind the scenes, Rubin still wields enormous influence in Barack Obama’s Washington, chatting regularly with a legion of former employees who dominate the ranks of the young administration’s policy team. He speaks regularly to Treasury Secretary Timothy Geithner, who once worked for Rubin at Treasury.
SPERLING, GENE.
Prior to advising Timothy Geithner on bailouts, Sperling was paid the paltry sum of $887,727 by Goldman Sachs for one year of consulting work. Sperling, another acolyte of Robert Rubin’s raked in even more that year, according to William Grieder at the Nation:
[he was paid in addition] $480,051 as a director of the Philadelphia Stock Exchange, plus $250,000 for his quarterly briefings to two hedge funds, plus the speaking gigs [$158,000] (including an appearance before the Stanford Group in Houston subsequently charged with running a Ponzi scheme). Meantime, his day job at the Council on Foreign Relations paid $116,653. A busy, busy wonk.
STORCH, ADAM.
Storch worked for Goldman Sachs for 5 years reaching the position of Vice President in the Business Intelligence Group. He is Obama’s Managing Executive of the Security and Exchange Commission’s Division of Enforcement.
SUMMERS, LARRY.
It didn’t take Larry Summers long to land a big time job after he crashed and burned as Harvard’s President. He sits at Obama’s right hand as Obama’s chief economic adviser and head of the National Economic Counsel. Summers’s boss at Goldman was non other than Robert Rubin, former co-Chairman of Goldman and also former head of Citicorp.
Summers has reaped nearly $2.8 million in speaking fees to banks and institutions he is now supposed to be helping to regulate and oversee.
Goldman Sachs paid him $135,000 for a single speech he gave in April, 2008, a very good investment repaid many times to Goldman.
>CONCLUSION.
Although a lot of work and research was put into this list, I am sure I missed many people. But it gives the most comprehensive look ever published at how extensive the Goldman Sachs ties are in the Obama administration and the revolving door between the two (See attorney Craig’s description above).
It also shines light on a subject that has virtually received no mainstream media attention: the importance of the Hamilton Project (funded by Robert Rubin and Goldman Sachs) as the policy voice for their pro-corporate interests. While Matt Taibbi has dissected Goldman, no journalist has looked at the Hamilton Project (Taibbi misses it too) despite the fact that all three of its first directors serve now in the Obama administration. Its current director, its fourth, worked as an economic adviser to Obama Administration and at MIT. It formulate the pro-big business that Goldman wants and spreads it through academia and the Obama administration.
Robert Rubin and Goldman Sachs cleverly disguished their Rosemary’s baby, the Hamilton Project, within the essentially liberal Brookings Institution. Lots of journalists (including the BBC) have been misled by this, thinking that if it comes out of Brookings, it must be liberal or even progressive. Discussing Peter Orszag, the BBC made this blunder:
He was one of the first directors of the Hamilton Project, a Brookings think tank initiative backed by Robert Rubin which aimed to combine fiscal responsibility with progressive politics.
(emphasis added)
Not so! The clear message from the Hamilton Project is this:
1) entitlements must be cut, including Social Security;
2) more jobs must be outsourced overseas;
3) more NAFTA-type agreements must be drafted and entered into;
4) strict budgetary policies must be applied to entitlements and especially health care "reform" (whereas the defense department is skirted).
One only has to look at the Hamilton Project, at Obama’s speech to that group in April, 2006, and the numerous articles and books that they have peddled to see that their outlook is overwhelmingly corporatist and pro-big business. It is, then, ant-iprogressive not liberal and certainly not progressive.
RECOMMENDED FURTHER READING:
1. Greg Gordon (McClatchy Newspapers), "Goldman’s White House Connections Raise Eyebrows" April 21, 2010.
2. Fflambeau, "With the Obama Administration Infested With Goldman Sachs People, How Real is the Obama/Democratic Attack on Big Banks" FDL Diary, April 21, 2010.
3. "More Investigations of Goldman Sachs, A Double-Edge Swords for Obama and Democrats"
4. "Meet Robert Rubin" at MyOpera/Personal Finance Blog
5. Paul Street’s article showing that Obama held corporatist ideas long before elected and his indebtedness to the interests of big business.
6. Matthew Skomarovsky, "Obama Packs Debt Commission with Social Security Looters", March 28, 2010 at Alternet.
ESSENTIAL READING ON THE HAMILTON PROJECT AND ITS TIES TO THE OBAMA ADMINISTRATION:
1. Kirk James Murphy, M.D. "The Hamilton Project: Same Corporatist Whine In New DLC Vessels." THE seminal article on the Hamilton Project which also features a video clip of then Senator Barack Obama talking about "my friend, Bob [Rubin]" and espousing cuts in entitlements and the "need" for more free trade pacts like NAFTA.
2. Fflambeau, "Obama’s ‘Smoking Gun’: His Hamilton Project Speech Shows His Links to Goldman, Entitlement Cuts, Part 1.
3. Fflambeau, "Obama’s ‘Smoking Gun’: His Hamilton Project Speech Shows His Links to Goldman, Entitlement Cuts, Part 2".
4. Another source for Obama’s Hamilton Project speech of April 2006. Contains video clip.
5. James Kirk Murphy, M.D., "Remember the Hamilton Project?" Dr. Murph’s latest look at the Hamilton Project.
6. David Sirota, "Wall Street Democrats Unveil Plan to Undermine Progessives", April 5, 2006.
firedoglake
At a time when Congressional hearings are set to call testimony from some Goldman Sachs employees, it is vital to understand how widespread that institution’s ties are to the Obama administration. This diary shows the pervasive influence of Goldman Sachs and Goldman created institutions (like the Hamilton Project embedded in the Brookings Institution), employees and influence peddlers in the Obama administration.
While many of the people listed below formerly worked for Goldman Sachs or its offshoots (like the Hamilton Project, including all three of that project’s first Directors) influence can be exerted not only through people but through money, awards, sponsored scholarship, and creation of an agenda favorable to Goldman Sachs (which is where Brookings and the Hamilton Project come in and have proved especially useful to Goldman Sachs).
It is further of note that although Goldman Sachs has been the center of attention especially since Matt Taibbi’s insightful investigative journalism, that I have not been able to find a comprehensive list of the influence of Goldman Sachs in this administration. Recently in the New York Post, for instance, Michelle Malkin wrote a good article called "All the President’s Goldman Men" but she only listed the usual suspects like Larry Summers, Timothy Geithner, Rahm Emanuel, Gary Gensler and Mark Patterson.
But that’s just the tip of the Goldman Sachs iceberg. Here you will find, I believe, the most comprehensive list of people-groups yet available to show how Obama’s administration has really become the Goldman Sachs administration. But I need your help. I suspect there are far more people out there with such ties that I have missed even though I have spent lots of time researching this issue. If you know of other people who should be on this list, please help out and give the details in a comment to this diary.
One further caveat. The Obama administration is not the first administration that Goldman has infiltrated, although it is perhaps the one that has been most completely co-opted from top to bottom. Recall that former Secretary of the Treasury Paulson in the George W. Bush era came from–Goldman Sachs where he was its chief. Recall too that the brilliant, late economist John K. Galbreath has written an entire chapter of a book devoted to the Great Depression and the economic collapse of Wall St. that accompanied it to the role of Goldman Sachs.
Law professor William Black, who participated in actions against individuals in the Savings and Loan collapses decades ago, recently told Bill Moyers recently that:
"The highest return on assets is always a political contribution."
In this spirit we name the first two links between Goldman entities and the Obama administration: they are out of alphabetical order for obvious reasons. All the others are in alphabetical order.
Let’s look at the Goldman Sachs government that we have in place now, that is masked by Barack Obama. Fittingly, we begin with Obama:
OBAMA, BARACK.
Although to my knowledge he has never directly worked for Goldman, he has taken boatloads of their money (an investment repaid many times) and he calls Robert Rubin, the former head of Goldman Sachs "my friend Bob". (See the video clip of then Senator Barack Obama’s address to the Goldman-Rubin funded Hamilton Project in a link below where he uses these words and calls for cuts in entitlements and more NAFTA-type agreements).
Jesse Unruh, the late California politician and political thinker, once called "money the mother’s milk of politics." Certainly, Obama sucked at the teats of Goldman Sachs more than any other politician in recent times. It began for him as little-known Senator from Illinois with a razor- thin resume whose ambitions outshine his accomplishments. Obama’s eloquent, heavily prepped address to the Democratic National Convention caught not only the eyes of the Democratic top brass, but that of the big bankers. As early as the Spring of 2006, Senator Barack Obama was intimately involved with Bob Rubin and Goldman Sachs through his involvement with the Hamilton Project.
Fittingly, Senator Obama was chosen by Rubin and the Hamilton Project to give the inaugural address of the Hamilton Project in April, 2006. An excellent, seminal discussion of the Hamilton Project by Dr. Kirk James Murphy, M.D., can be found here. A video clip of then Senator Barack Obama speaking at the inauguration of the Hamilton Project in April, 2006 can be found here and here (with an excellent discussion) and here. Here Obama heaps lavish praise on Robert Rubin ("my friend Bob") and on the Hamilton Project while setting out its (and his subsequent administration’s agenda) of cuts in entitlements, the need for more NAFTA-type free trade pacts and a pro-big corporation government. In 2006 then, Obama was a Goldie and articulating its desires and policies.
Little wonder then, that Goldman and Rubin heavily funded Obama as a Senator (his biggest campaign contributor) and as a presidential candidate. Goldman Sachs employees (and they were not the floor cleaners) contributed $994,795 to Obama’s presidential bid, almost four times the amount they gave to his Republican opponent, according to OpenSecrets. Over Obama’s entire career, Goldman has been his second biggest contributor, according to OpenSecrets, giving him more than $1,051,000. Goldman not only wanted Obama to win, they paid lots of money to insure that their man would occupy the White House. Again, as William Black noted:
"The highest return on assets is always a political contribution."
Goldman’s 30 pieces of silver investment in Obama reaped them billions of dollars in returns as the TARP bailouts and the subsequent news about Goldman Sachs has shown. So although Obama may never have "worked for" Goldman in the traditional sense, he’s one of Robert Rubin’s boys and on Goldman’s books.
University of Minnesota political scientist Prof. Lawrence Jacobs, described the giant squid’s attachment to the Obama administration:
almost everything that the White House has done has been haunted by the personnel and the money of Goldman . . . as well as the suspicion that the White House, particularly early on, was pulling its punches out of deference to Goldman and its war chest.
BIDEN, JOE.
Is it any wonder that between his service as "Senator Credit Card", his efforts to limit busing for desegregation, and his five draft deferments at the height of the Vietnam War that Joe Biden is attached to one of Goldman’s tentacles? Goldman has been a major campaign contributor to Biden and according to OpenSecrets, Biden in 2007 alone took almost $25,000 from the Robert Rubin related Citigroup (Rubin was its head as well as being a former head of Goldman).
And guess who was the keynote speaker at the Hamilton Project 2010 kickoff event a few days ago (April 20th, 2010) Tuesday morning at the Renaissance Mayflower Hotel? That’s right: Vice President Joe Biden spoke at Goldman Sachs/Robert Rubin’s Rosemary’s Baby. You can see some pics of Biden at the Hamilton Project event along with who else–Robert Rubin–here.
As described by the Huffington Post:
Biden was speaking at the relaunch of the Hamilton Project, a think tank founded by ultimate Wall Street Democrat Robert Rubin to publicly despair about the deficit and other things bankers worry about the most.
Note too that in his address Biden paid tribute to Obama’s bipartisan deficit commission, something that the Hamilton Project and Robert Rubin (and Goldman) have been pushing for years because it really means cuts in entitlements (again, have a look at Sen. Obama’s 2006 speech at the Hamilton Project where he calls for entitlement cuts).
ALTMAN, ROGER.
Interestingly, the man who introduced Joe Biden at the Hamilton Project’s relaunch (described above) was none other than Roger Altman, who is connected to the Hamilton Project.
Altman may not hold down a desk job in the Obama administration–he’s too big a fish for that just as is Robert Rubin–but he is one of those power brokers with all encompassing contacts within the Democratic Party. Altman is a Hamilton Project member, according to Dan Frumkin’s excellent article in the Huffington Post, as well as having served as Assistant Secretary of the Treasury under none other than Mr. Goldman Sachs, Robert Rubin. He is now now Chairman of Evercore Partners, which the Hamilton Project program described as "the most active investment banking boutique in the world." (and the Obama administration is trying to sell itself as one that is getting tough on big banks and Goldman?).
Like so many of the Goldman people, Altman has a touch of scandal/criminality about him. According to Wikipedia, Altman was forced from his position as Assistant Treasury Secretary because of a records keeping scandal.
Altman is a co-author, along with Robert Rubin, of the Hamilton Project’s "From Recession to Recovery to Renewal: An Economic Strategy to Achieve Broadly Shared Growth." Some of Altman’s ties to the Goldman-Rubin funded Hamilton Project can be seen here.
BRAINARD, LAEL.
Brainard is the United States Under Secretary of the Treasury for International Affairs in the administration of President Barack Obama. She is an associate and protege of Mr. Goldman Sachs, Robert Rubin. She has written numerous articles and bookson the joys of outsourcing work overseas.
Brainard also worked at Brookings which has embedded within in Goldman Sachs and Robert Rubin’s Hamilton Project. Goldman was clever in doing this because they hid a conservative thinking, pro business group like a Trojan Horse in what is generally perceived as a liberal think tank.
Like Timothy Geithner, who is her boss, Brainard is a brainy person who had trouble with income tax rules and regulations, thus joining quite a lengthy list of Goldies who ape the law. The Washington Post reported that:
Brainard’s nomination was held up by Republican concerns over allegations that she failed to pay property taxes on time. (What is it with Treasury and tax problems?)
BUFFETT, WARREN.
Speaking of big fish, Warren doesn’t need to work for the US government or for Goldman. But he’s invested billions in Goldman expecting even greater returns. Obama has also admitted in the debates to "pal’in around" with the Sage of Omaha and Buffett is one of Obama’s fundraisers and economic advisers.
For more on Buffett see this written by Michael Winship at Truthout:
On Friday, Susan Pulliam reported on the front page of The Wall Street Journal that, "A Goldman Sachs Group Inc. director tipped off a hedge-fund billionaire about a $5 billion investment in Goldman by Warren Buffett’s Berkshire Hathaway Inc. before a public announcement of the deal at the height of the 2008 financial crisis, a person close to the situation says."
As the Journal notes, the Buffet deal came at a key point in the Wall Street collapse, restoring confidence in the markets and lifting Goldman’s stock from a 40 percent slide to a 45 percent surge. The hedge-fund billionaire in question is Raj Rajaratnam, whose Galleon Group currently is embroiled in one of the biggest insider trading scandals in history: 21, including Rajaratnam, have been charged; 11 already have pled guilty.
(emphasis added)
CLINTON, HILLARY.
Although Barack Obama was the overwhelming favorite of Goldman Sachs to be president in 2008, for he could serve as their Trojan Horse, they were smart enough to hedge their bets, so to speak and back Hillary too. According to the Washington Examiner, Goldman Sachs in 2008 alone gave:
($415,595.63 inflation adjusted), which was itself almost three times as much as Bush received as well.
And of course, it was Hillary’s hubby Bill Clinton who chose ex-Goldman chief Robert Rubin to serve in his White House. Bill, Hillary and Bob Rubin are Washington, D.C. kissing cousins.
CRAIG, GREGORY.
Another example of the revolving door between Goldman Sachs and Obama’s administration. Craig served as Obama’s White House Counsel and after resigning, has taken on a position as Goldman Sach’s chief lawyer in defending against its SEC suit. A former Goldie, Robert Hormats, sits at the top of SEC’s enforcement group too. What a hoot!
Note that Craig is a lawyer and lawyer’s rules of professional responsibility prohibit not only direct conflicts of interest but anything that hints at a conflict of interest.
Here is doubtlessly why Goldman wanted Craig as its top lawyer in the SEC complaint:
Greg Craig, Obama’s first White House counsel, has joined Goldman, we learned this week. He may not have too much pull in the West Wing, which drove him out for hewing too close to Obama’s campaign promises, but as a former insider he will provide valuable intelligence to the world’s largest investment bank.
Read more at the Washington Examiner: http://www.washingtonexaminer.com/opinion/blogs/beltway-confidential/Is-Goldman-Obamas-Enron-No-its-worse-91613449.html#ixzz0mHKfS3hl
DONILON, THOMAS.
Thomas Donilon is Deputy National Security Adviser to Barack Obama (despite having a career that is mostly involved with domestic politics). Donilon was a lawyer at O’Melveny and Myers and made almost $4 million representing meltdown clients including Penny Pritzker (of Chicago) and Goldman. This from Michelle Malkin’s article RealClearPolitics. More information is available on Donilon over at Whorunsgov.com.
DUDLEY, BILL.
Joined Goldman in 1986; partner and managing director until 2007. Federal Reserve Bank of New York President since January 2009 (replacing none other than Timothy Geithner, his Goldman compadre). This all from the Wall Street Journal.
ELMENDORF, DOUGLAS.
Elmendorf became Obama’s Director of the Congressional Budget Office in January 2009. Elmendorf previously was the Director of the Hamilton Project; it’s third.
Note too that the first 3 Directors of the Hamilton Project ALL serve in the Obama administration. While other journalists/writers have explored the links between Goldman Sachs and Obama, few have looked at the connection between the Hamilton Project and the Obama administration. Note again that the Hamilton Project was funded by Robert Rubin and Goldman Sachs. Note too that the current director of the Hamilton Project, its 4th since its founding in 2006, is Michael Greenstone. How long will it be before Greenstone goes to the Obama administration, making it a perfect 4 for 4 for Directors of the Goldman funded Hamilton Project? To show that there is a revolving door between the Obama Administration and Goldman/Rubin/Hamilton Project, Greenstone served as of Obama’s chief economic advisers.
EMANUEL, RAHM.
Rahm, of course, is Obama’s Chief of Staff, the very first person Obama selected to be in his administration. Rahm has lengthy and fruitful ties to Goldman, and vice versa. Rahm took in about $75,000 from Goldman Sachs as a Congressman and was on a $3,000 a month retainer from Goldman while he worked as Bill Clinton’s chief fund raiser.
Timothy Carney has explored some of the links between Emanuel and Goldman Sachs:
…one of Barack Obama’s top sources of funds in this past election, Goldman has always had some particularly strong allies within government. Emanuel is one such ally.
An interesting early chapter in the Goldman-Emanuel relationship took place in the setting of Bill Clinton’s campaign for the White House in 1992. Clinton hired Emanuel as his chief fundraiser.
At the same time, however, Emanuel was on the payroll of Goldman Sachs, receiving $3,000 per month from the firm to “introduce us to people,” in the words of one Goldman partner at the time. This is certainly a noteworthy relationship, but it’s one that has almost entirely escaped scrutiny.
Corporations and partnerships are and were at the time prohibited by law from contributing to federal candidates out of the corporate coffers. So, while Rahm tapped Goldman employees personally for six figures in gifts to Clinton’s candidacy—more than any other firm—Goldman, as a company, was helping keep Clinton’s top fundraiser well-fed.
…
In his four terms in Congress, Emanuel has raised $74,750 from Goldman, making the firm his number four source of funds. Goldman has helped Emanuel. How has Emanuel helped Goldman?
The most obvious answer, as mentioned in this column two weeks ago, is in Emanuel’s lead role in shepherding the “$700 billion” bailout—first proposed by former a Goldman CEO, Bush Treasury Secretary Henry Paulson—through the skeptical House.
Of course, back in the Clinton days, Goldman benefited from NAFTA and the bailout of the Mexican currency, with Emanuel pushing NAFTA through Congress, and Rubin hammering out the peso bailout.
McClatchey newspaper’s Greg Gordon, in his article entitled, "Goldman’s White House Connections Raise Eyebrows" also noted how Rahm and Goldman worked together to make money:
One White House insider who knows something about how Wall Street does business is chief of staff Emanuel, who earned millions of dollars in investment banking after he left the Clinton White House. His work for the Chicago-based financial services firm Wasserstein Perella & Co. intersected with Goldman in at least one deal.
In 1999, Emanuel was a key player representing Unicom Corp., the parent of Commonwealth Edison, in forging its merger with Peco Energy Co. to create utility giant Exelon Corp. Goldman was also advising Unicom.
The White House declined immediate comment on that connection.
So how real is the Obama/Democratic party’s supposed new toughness on big banks when the administration’s point guard was on the Goldman payroll and become a multi-millionaire through big banks and Wall St. deals?
FARRELL, DIANA.
Diana Farrell is Deputy Director of the National Economic Council (since January, 2009) in the administration of President Barack Obama. She formerly worked for two years at Goldman Sachs in New York according to Whorunsgov.com.
In 2003, Farrell was the author of a paper, "Perspective on Outsourcing" in which she argued that sending American jobs overseas might be "as beneficial to the U.S. as to the destination country, probably more so." In a book titled “The Economists’ Voice: Top Economists Take on Today’s Problems,” Farrell wrote a chapter titled “U.S. Offshoring: Small Steps to make it Win-Win.” Her chapter, published in 2008, centered on offshoring.
In the Obama administration, Farrell works with a coven of Goldies including Timothy Geithner and Larry Summers, who is her boss.
FRIEDMAN, STEPHEN.
Chairman of Obama’s Foreign Intelligence Advisory Board.
According to Wikipedia, Friedman worked for much of his career with Goldman Sachs, holding numerous executive roles. He served as the company’s co-chief operating officer from 1987 to 1990, was the company’s co-chairman from 1990 to 1992, and the sole chairman from 1992 to 1994; he still serves on the company board.
Friedman was another Goldie involved in controversy, as many of the Goldies have been in government service, involving his former employer. His actions, like other affiliated with Goldman, show scant respect for rules, regulations or laws.
Wikipedia notes:
Wikipedia notes:
On May 7, 2009 Friedman resigned as Chairman of the Federal Reserve Bank of New York in response to criticism of his December 2008 purchase of $3 million of stock in Goldman Sachs. Friedman, who remains a member of Goldman Sachs’ board, came into violation of Federal Reserve policy when Goldman was converted to a bank holding company in September 2008, thereby placing it under the regulatory authority of the New York Fed. Friedman requested a waiver from this violation when the conversion occurred, which was granted roughly two and a half months later.
FROHMAN, MICHAEL.
Robert Rubin’s Chief of Staff while Rubin served as Secretary of the Treasury and an Obama “head hunter” according to “Rubin Proteges Change Their Tune as They Join Obama’s Team” in the New York Times.
FURMAN, JASON.
Furman served as the second Director of the Hamilton Project after Peter Orszag’s departure for the Obama administration and he in turn left the Hamilton Project in June 2008 to direct economic policy for the Obama Presidential Campaign.
FUDGE, ANNE.
Obama just appointed Fudge to his budget deficit reduction committee. Fudge has been the pr craftsman for some of America’s largest corporations. She sits, according to the Washington Post, as a Trustee of the Brookings Institution within which the Hamilton Project is embedded.
GALLOGLY, MARK.
Gallogly sits on the Hamilton Project’s advisory council. He is also, according to Wikipedia, currently a member of President Barack Obama’s President’s Economic Recovery Advisory Board.
GEITHNER, TIMOTHY.
He’s one of the most documented of all people within the Obama administration while serving as Obama’s Secretary of the Treasury. He was named head of the New York Fed by none other George W. Bush, again perhaps underscoring Gore Vidal’s observation that American is run by one corporate party and it has two wings: Republican and Democratic.
While at the head of the New York Fed, Geithner prior to the crisis not only failed to see storm clouds on the horizon, he also in 2008 ordered the bailed out AIG not to disclose its sweetheart payments to big banks including, you guessed it, Goldman Sachs. Geithner also worked with W’s Treasury Secretary Paulson to fashion the TARP agreements whereby billions were handed out to Wall St.
Geithner is a protoge of both Robert Rubin and Larry Summers.
Like other Goldies, Geithner has had trouble with rules, tax regulations and various. Recall that he had trouble at his confirmation hearings over his tax returns. Whorunsgov sums them up:
At the end of the Clinton administration, Geithner moved to the International Monetary Fund, where he was director of policy development. That period led to a blot on his personal record. The IMF, unlike most employers, does not pay the employer match on Social Security and Medicare taxes. Geithner was responsible for paying those taxes himself. He did not to do so until he was audited in 2005, and even then only paid the back taxes for 2003 and 2004. He did not pay the back taxes for 2001 and 2002 until after Obama tapped him to be Treasury secretary at the end of 2008.
Many of Geithner’s actions profited Goldman Sachs directly or indirectly, such as Geithner’s decision to deny Goldman’s competitor the same treatment he gave Goldman. As Time magazine noted:
[Geithner]Would not grant Lehman Brothers the right to become a bank-holding company — a status given to both Morgan Stanley and Goldman Sachs just days after Lehman filed for bankruptcy
Lehman Brothers collapsed, leaving Goldman Sachs with fewer competitors and a greater market share.
GENSLER, GARY.
Gensler was a Goldman Sachs partner who is Obama’s Commodity Futures Trading Commission head. Gensler is the guy who as a former Treasury official exempted the $58 trillion credit default market from oversight. Those financial instrumentals played a key role in the global economic downturn and led to billions of dollars in profits for banks like Goldman Sachs.
GREENSTONE, MICHAEL.
Greenstone is the 4th Director of the Hamilton Project. Just as attorney Craig went from advising Obama to defending Goldman Sachs against the SEC complaint, Greenstone has used the revolving door to go from went an economic adviser position to Obama to one of the Goldman Sachs outlets, in this case its think tank embedded in the Brookings Institution and funded by Goldman and Robert Rubin. All 3 previous Directors of the Hamilton Project work in the Obama administration.
HAMILTON PROJECT, THE.
The pro-corporatist think group funded by Goldman Sachs and Robert Rubin and cleverly hidden in the Brookings Institution as their Rosemary’s Baby/Trojan Horse. Espouses cutbacks in entitlements, strict budgetary thinking applied to all social programs (but not the defense department); outsourcing of American jobs overseas; more NAFTA-type agreements. Three of the first 4 Directors of the Hamilton Project serve in the Obama Administration. The fourth went from an economic adviser to Obama to the Hamilton Project.
It might also help to recall that the name "Hamilton Project" is significant. Recall that Alexander Hamilton, after whom the institute was named, had as his most famous dictum that "the people are a great beast." Hamilton espoused a powerful state bank and centralized government and presidency.
Note too that Sen. Barack Obama was the inaugural speaker at the Hamilton Project and lavished praise on "my friend Bob [Rubin]" and called for cuts in entitlements (Social Security) and more NAFTA agreements. This is the same guy who lied to the electorate, then, in union states like Ohio and Pennsylvania during the Democratic primaries when he said "NAFTA needs rethinking." He is firmly and totally behind NAFTA and has done no "rethinking" of it while President and with his party in firm control of Congress.
For more information, see the reading listed below on this subject and the Project’s web site.
HORMATS, ROBERT.
The top economics official at Obama’s State Department, Hormats spent the prior 27 years at Goldman Sachs, including as the Vice Chairman of Goldman’s international arm.
Hormat’s appointment to the Obama administration led Glenn Greenwald to this observation:
A Goldman executive as COO of the SEC’s enforcement division. This is all consistent with the observation of Desmond Lachman — previously chief emerging market strategist at Salomon Smith Barney and IMF deputy director — regarding "Goldman Sachs’s seeming lock on high-level U.S. Treasury jobs," which he cited as but one of the many "parallels between U.S. policymaking and what we see in emerging markets."
Imagine how this will play out. The SEC has lodged a complaint against Goldman Sachs. Goldman’s former Vice President in charge of Business Intelligence sits in the SEC’s enforcement division while Obama’s former top lawyer, White House Counsel Gregory Craig, has gone to defend Goldman Sachs!
KASHKARI, NEEL.
Former Vice President of Goldman Sachs in San Francisco where he where he led Goldman’s Information Technology Security Investment Banking practice. Kashkari served under Treasury Secretary Paulson and was kept on by Obama after his inauguration for a limited period to work on TARP oversight.
KORNBLUH, KAREN.
Sometimes called "Obama’s brain", she serves as Obama’s Ambassador to the OECD. Kornbluh was Deputy Chief of Staff to Mr. Goldman Sachs, Robert Rubin.
LEW, JACOB (AKA "JACK") J.
Lew is the United States Deputy Secretary of State for Management and Resources. According to Wikipedia, Lew sits on the Brookings-Rubin funded Hamilton Project Advisory Board. He also served with Robert Rubin in Bill Clinton’s cabinet as Director of OMB.
Like many affiliates of the Hamilton Project, along with Barack Obama, Lew believes that fiscal discipline needs to be applied to Social Security (not much talk about runaway costs in the military budget). According to the New York Times, Lew has testified that:
“Fiscal discipline is essential to protect Social Security and strengthen Medicare, so that both will be there in the years ahead. Reducing the accumulated federal debt will help us to protect these important programs.” (Congressional testimony in March 2000.)
Also like Robert Rubin, Lew has worked with Citicorp. The New York Times reported (same link as above) that:
As executive vice president of New York University, he tangled with a union representing graduate students who help teach courses.
LIPTON, DAVID A.
According to Paul Krugman, Lipton is at now at Obama’s National Economic Council and the National Security Council. Lipton worked with Larry Summers and Timothy Geithner, again according to Krugman, on the US response to the Asian financial crisis of the 1990’s. MergeFoundations reports that Lipton worked closely with Robert Rubin:
[he] advised and assisted Secretary Rubin on many key aspects of international economic policy.
MINDICH, ERIC.
Eric Mindich, while not officially serving in the Obama administration, is a strong Obama supporter with extensive ties to the President, according to a Ben Smith/Politico article. Mindich is a hedge fund manager and sits on the Advisory Council of the Hamilton Project and has worked at Goldman Sachs. In fact, he was the youngest ever partner with Goldman Sachs at the age of 27.
According to Wikipedia:
Prior to forming Eton Park in 2004, Mindich spent 15 years at Goldman Sachs in two main roles: leading the firm’s equities risk arbitrage business and managing the firm’s equities division. He joined the firm in 1988 in the equities arbitrage department and ran that department from 1992 until 2000.[1] In 1994, at age 27, he became the youngest partner ever in the history of Goldman Sachs.[1] In 2000, he became co-chief operating officer of the equities division and in 2002 became co-head of the equities division and a member of the Goldman Sachs Management Committee. In 2003, Mindich joined the Executive Office as senior strategy officer and chair of the Firmwide Strategy Committee.
Another website, Operational Due Diligence at Checkfundmanager, indicates the following about Mindich:
In March of 2009, Eton Park’s [hedge fund founded by him] assets under management were estimated to be around $13 billion.
An article from April of 2009 lists Mr. Mindich among the “inner circle” of economic advisors to Lawrence H. Summers, who is the current chief economic adviser to President Barack Obama. Mr. Mindich is also listed in another article as being a top level Democrat fundraiser.
…Eric Mindich, founder of Eton Park fund, reportedly supports Barack Obama’s presidential candidacy (2007).
…A February 2005 article rattles off a number of impressive credentials for Eric Mindich, including launching the largest hedge fund in history, graduating summa cum laude from Harvard, becoming the youngest ever partner at Goldman Sachs, and being endorsed by former Secretary of the Treasury Robert Rubin.
ORSZAG, PETER.
Obama’s Budget Director was the founding director of the Hamilton Project, funded by Goldman Sachs and Robert Rubin. Furthermore, Wikipedia indicates that Robert Rubin, Goldman’s ex-head, was one of Orszag’s mentors.
A BBC article notes Orsag’s commitment to Hamilton Project ideals like cutting the budget (mostly by cutting entitlements) and his ties to Goldman Sachs:
Mr Obama has signalled his determination to keep the budget deficit in check by appointing Peter Orszag, the head of the Congressional Budget Office (CBO), to head the Office of Management and Budget (OMB).
It is the OMB, rather than the Treasury, that allocates government spending and estimates the size of future budget deficits.
His appointment could help ease the new president’s relations with Congress.
Peter Orszag is well-known as a fiscal conservative, who is concerned to keep spending and tax cuts in check.
He was one of the first directors of the Hamilton Project, a Brookings think tank initiative backed by Robert Rubin…
The BBC failed to point out that Goldman Sachs also contributed to funding the Hamilton Project, and he was not "one of the first directors of the Hamilton Project" he was its first Director.
PATTERSON, MARK.
former lobbyist for Goldman Sachs who serves under Timothy Geithner as his top deputy and overseer of TARP bailout funds, $10 billion of which went to Goldman.
RATTNER, STEVE.
Ratner is the shady billionaire financier who Obama appointed as his “car czar” and who resigned after it was revealed that his company, the Quadrangle Group, was apparently involved in “pay to play” for a billion dollars or so of New York State pension funds, and was under possible indictment by the New York AG and the SEC, also sits on the Advisory Council of the Goldman funded Hamilton Project.
Rattner is yet another Goldie-Hamilton Project person in trouble with the law. He was the main financial supporter of Harold Ford’s aborted New York Senate run and speculation was that Rattner wanted a Senator to help protect him.
REISCHAUER, ROBERT D.
He was a member of the Medicare Payment Advisory Commission from 2000-2009 and was its vice chair from 2001-2008. He too sits on the Hamilton Project’s advisory board.
From this excellent discussion at "Meet Robert Rubin" here’s more information on Reischauer and his extensive links to Robert Rubin:
Robert Reischauer, another policy insider who penned a memo in 2009 with fellow Brookings Institution elites calling for Obama to take "action to stem the growth of Social Security and Medicare," were recently nominated by Obama to be Social Security Trustees. (The Blahous pick he apparently owed to Senator Mitch McConnell.)
Reischauer has close ties to economic wrecking ball Robert Rubin—the Goldman Sachs chairman who became Clinton Treasury Secretary and pushed through radical deregulatory banking laws, then went to Citigroup to score $120 million for driving his company into the ground. Rubin and Reischauer knew each other at both the Harvard Corporation and the Clinton White House, where Reischauer was director of CBO. Reischauer is on the advisory board of Rubin’s Hamilton Project, and the two most recent CBO directors have come straight from Hamilton.
NOTE: since writing this, it appears the above (and the quote below on Alice Rivkin) comes word for word from an Alternet article by Matthew Skomarovsky found here.
RIVLIN, ALICE.
Obama just named in March Alice Rivlin to his so called deficit reduction commission. Have a look at her background and you’ll see why and that Obama has stacked that commission with people who want cuts in entitlements.
Again, an excellent summary of her Goldman-Brookings (read Hamilton Project) Obama connections:
One of Reischauer’s co-signers of the Brookings memo, Alice Rivlin, is another fox Obama has put in charge of the Social Security henhouse. Former Vice Chair of the Federal Reserve under Greenspan at the peak of the tech bubble, and also a Hamilton Project board member, Rivlin will likely make another great Wall Street ally on the commission. In 2004 Rivlin co-authored (with Obama’s current Office of Management and Budget Director Peter Orszag, among others) a 138-page Brookings report titled "Restoring Fiscal Sanity" advocating $47 billion in entitlement cuts, including an "increase in the retirement age under Social Security" and "more accurate inflation adjustments to Social Security benefits."
Wikipedia also says of her:
She is currently on the board of directors of the New York Stock Exchange.
Wikipedia also notes that she has extensive Brookings Institution connections (within which the Hamilton Project is now embedded) including from 1957–66, 1969–75, 1983–93, and 1999 to the present.
Rivlin is a frequent speaker at the Hamilton Project as shown by this page at the Hamilton Project’s web site; you can see videos of her talks and the subjects of her papers here.
RUBIN, JAMES.
Son of Robert Rubin (see next entry). Served as a headhunter for Obama per the New York Times article, "Rubin Proteges Change Their Tune as They Join Obama’s Team".
RUBIN, ROBERT.
Mr. Goldman Sachs and co-funder, along with Goldman, of the Hamilton Project. Served as the 70th U.S. Sect. of the Treasury under Bill Clinton and spent 26 years at Goldman Sachs becoming its Co-Chairman from 1990-1992. He also served as Chairman of Citigroup. Along with Goldman Sachs, Rubin funded the Hamilton Project embedded in the Brookings Institution. In other words, he embedded within what is perceived as a liberal think tank a Trojan Horse that espouses cutbacks in entitlements (but not Defense budgets), more NAFTA like agreements, outsourcing of jobs overseas and strict budget consciousness applied to health care. Rubin used the same tactic with Barack Obama: choosing an essentially ambitious yet cautious conservative and turning him into a Trojan Horse for his causes and those of Goldman’s/the Hamilton Project’s. Rubin is the de facto President of the United States and he and the Hamilton Project tell Obama and his administration what to do. Obama gets to ride on Air Force One.
According to a recent Politico article:
Behind the scenes, Rubin still wields enormous influence in Barack Obama’s Washington, chatting regularly with a legion of former employees who dominate the ranks of the young administration’s policy team. He speaks regularly to Treasury Secretary Timothy Geithner, who once worked for Rubin at Treasury.
SPERLING, GENE.
Prior to advising Timothy Geithner on bailouts, Sperling was paid the paltry sum of $887,727 by Goldman Sachs for one year of consulting work. Sperling, another acolyte of Robert Rubin’s raked in even more that year, according to William Grieder at the Nation:
[he was paid in addition] $480,051 as a director of the Philadelphia Stock Exchange, plus $250,000 for his quarterly briefings to two hedge funds, plus the speaking gigs [$158,000] (including an appearance before the Stanford Group in Houston subsequently charged with running a Ponzi scheme). Meantime, his day job at the Council on Foreign Relations paid $116,653. A busy, busy wonk.
STORCH, ADAM.
Storch worked for Goldman Sachs for 5 years reaching the position of Vice President in the Business Intelligence Group. He is Obama’s Managing Executive of the Security and Exchange Commission’s Division of Enforcement.
SUMMERS, LARRY.
It didn’t take Larry Summers long to land a big time job after he crashed and burned as Harvard’s President. He sits at Obama’s right hand as Obama’s chief economic adviser and head of the National Economic Counsel. Summers’s boss at Goldman was non other than Robert Rubin, former co-Chairman of Goldman and also former head of Citicorp.
Summers has reaped nearly $2.8 million in speaking fees to banks and institutions he is now supposed to be helping to regulate and oversee.
Goldman Sachs paid him $135,000 for a single speech he gave in April, 2008, a very good investment repaid many times to Goldman.
>CONCLUSION.
Although a lot of work and research was put into this list, I am sure I missed many people. But it gives the most comprehensive look ever published at how extensive the Goldman Sachs ties are in the Obama administration and the revolving door between the two (See attorney Craig’s description above).
It also shines light on a subject that has virtually received no mainstream media attention: the importance of the Hamilton Project (funded by Robert Rubin and Goldman Sachs) as the policy voice for their pro-corporate interests. While Matt Taibbi has dissected Goldman, no journalist has looked at the Hamilton Project (Taibbi misses it too) despite the fact that all three of its first directors serve now in the Obama administration. Its current director, its fourth, worked as an economic adviser to Obama Administration and at MIT. It formulate the pro-big business that Goldman wants and spreads it through academia and the Obama administration.
Robert Rubin and Goldman Sachs cleverly disguished their Rosemary’s baby, the Hamilton Project, within the essentially liberal Brookings Institution. Lots of journalists (including the BBC) have been misled by this, thinking that if it comes out of Brookings, it must be liberal or even progressive. Discussing Peter Orszag, the BBC made this blunder:
He was one of the first directors of the Hamilton Project, a Brookings think tank initiative backed by Robert Rubin which aimed to combine fiscal responsibility with progressive politics.
(emphasis added)
Not so! The clear message from the Hamilton Project is this:
1) entitlements must be cut, including Social Security;
2) more jobs must be outsourced overseas;
3) more NAFTA-type agreements must be drafted and entered into;
4) strict budgetary policies must be applied to entitlements and especially health care "reform" (whereas the defense department is skirted).
One only has to look at the Hamilton Project, at Obama’s speech to that group in April, 2006, and the numerous articles and books that they have peddled to see that their outlook is overwhelmingly corporatist and pro-big business. It is, then, ant-iprogressive not liberal and certainly not progressive.
RECOMMENDED FURTHER READING:
1. Greg Gordon (McClatchy Newspapers), "Goldman’s White House Connections Raise Eyebrows" April 21, 2010.
2. Fflambeau, "With the Obama Administration Infested With Goldman Sachs People, How Real is the Obama/Democratic Attack on Big Banks" FDL Diary, April 21, 2010.
3. "More Investigations of Goldman Sachs, A Double-Edge Swords for Obama and Democrats"
4. "Meet Robert Rubin" at MyOpera/Personal Finance Blog
5. Paul Street’s article showing that Obama held corporatist ideas long before elected and his indebtedness to the interests of big business.
6. Matthew Skomarovsky, "Obama Packs Debt Commission with Social Security Looters", March 28, 2010 at Alternet.
ESSENTIAL READING ON THE HAMILTON PROJECT AND ITS TIES TO THE OBAMA ADMINISTRATION:
1. Kirk James Murphy, M.D. "The Hamilton Project: Same Corporatist Whine In New DLC Vessels." THE seminal article on the Hamilton Project which also features a video clip of then Senator Barack Obama talking about "my friend, Bob [Rubin]" and espousing cuts in entitlements and the "need" for more free trade pacts like NAFTA.
2. Fflambeau, "Obama’s ‘Smoking Gun’: His Hamilton Project Speech Shows His Links to Goldman, Entitlement Cuts, Part 1.
3. Fflambeau, "Obama’s ‘Smoking Gun’: His Hamilton Project Speech Shows His Links to Goldman, Entitlement Cuts, Part 2".
4. Another source for Obama’s Hamilton Project speech of April 2006. Contains video clip.
5. James Kirk Murphy, M.D., "Remember the Hamilton Project?" Dr. Murph’s latest look at the Hamilton Project.
6. David Sirota, "Wall Street Democrats Unveil Plan to Undermine Progessives", April 5, 2006.