US Marshals Expose Scandals Aug 16/12

US Marshals Expose Biggest Scandal in History ~ The Great Reckoning!

U.S. Federal Judge Rules Against Hawaii Gay Marriage: Not Through The Courts!

Breaking: US Marshals Expose Biggest Scandal in History ~ The Great Reckoning!

10Aug

Written by David Wilcock 2012
The Department of Justice — home of the US Marshals — has now blown the lid off of the biggest financial scandal in human history… after a highly covert three-year investigation.
The LIBOR scandal has started the Great Revealing of Financial Tyranny. Mass arrests must begin with mass charges, and mass court cases — and that has now arrived. Disclosure of many great hidden truths will follow.

1. NWO Imploding: 611 Resignations From World Banks, Investment Houses, & Money Funds ~ Getting Out While They Can!
2. Dismantling Obama’s Agenda: Bringing To Justice The Corrupted Politicians.
3. Iceland Revolution Continues: 9 Rothschild/Rockefeller Self Proclaimed Global Elites Arrested For Iceland’s Financial Collapse Of 2008.
4. ATTENTION ALL 3,086 US COUNTY SHERIFFS: British Monarchy’s Secret Society Crimes Are Now In Progress!

THE MEDIA IS IMPLICATED

The Great Revealing has not yet become the one thing everyone is talking about.
The arrests and resignations have only just begun — and the mainstream Western media is equally as culpable as those controlling the financial system.
After all, it’s the same people.
This is one of many popular notions that are proven in Financial Tyranny. It is no longer a “conspiracy theory.”
Vast psyops have been used — including tens of thousands of professional online hit-men, paid to look like normal people sharing their opinion.
Shame has been a very powerful weapon to stop people from learning the truth. No one wants to be “crazy” or hated for their beliefs.

• Trust Corporate Media? Trust MSM? Trust Council On Foreign Relations?
• Rothschild An MI5/6 Cronie & Sons: Implicated With George Soros In Some Of The Filthiest Drugs-For-Weapons Operations.

You are about to see a variety of article links where the writers express surprise that the American media isn’t covering this story yet.
As you are well aware, this has nothing to do with the press being “shy.” They are simply staring into the face of their own destruction.

THE COMMODITY FUTURES TRADING COMMISSION — WITHIN THE DEPARTMENT OF JUSTICE

On June 27, 2012, the Commodity Futures Trading Commission, or CFTC, filed a surprise legal order against Barclays Bank — in a move that has shocked the world.
A wealth of emails were presented, giving irrefutable evidence that Barclays was manipulating their own credit score — to generate almost unthinkably vast profits.
Here is the link where you can download the legal order yourself — and a photograph of the top page of this historic document.
http://www.cftc.gov/ucm/groups/public/@lrenforcementactions/documents/legalpleading/enfbarclaysorder062712.pdf

This may not seem like a big deal at first — but in order for Barclays to have rigged their own credit score, they had to be conspiring with all the other biggest banks in the world.
These are the banks they are supposedly in competition with.
This story has taken off with unprecedented, explosive force in the UK — but is almost non-existent in the US, except on Huffington Post and alternative news sites.
This legal action required extraordinary secrecy to perform. Had the Cabal gotten wind of it, they would have killed everyone involved.

Bill Clinton ~ The ONE Who Repealed The Glass Steagall Act In 1999, Allowing Wall Street To Plunder America Through Fraudulent Derivative Worthless Paper!

ALL THE BIGGEST BANKS ARE IN BED TOGETHER

1. Banking Cabal’s U.S. Entitlement: The Federal Reserve Handed Over 16 Trillion Dollars Just The Other Day!

Indeed, the world just found out that all the biggest banks are in bed together.
They are all implicated in a vast conspiracy to lie to the public, and create artificial investor confidence that benefits no one but themselves.
Mass criminal charges are already being prepared — by labor unions, local banks, local governments, state governments and federal governments — as a result of this move by the Department of Justice.
All the evidence is now freely available, as we will see — and the story is nearly moving faster than we can keep up with at this point, with new developments on a day-by-day basis.

SOME PEOPLE PROMOTE A GENOCIDAL BELIEF SYSTEM

Some people are so war-weary that they refuse to believe anyone in government, military, finance, intelligence or the judiciary could be a trustworthy human being — or want to do the right thing.
As I have said before, this is ultimately a genocidal belief system that seeks to paint the world in black and white, reinforce victim consciousness, and create an “us” versus “them.”
Everyone in the “us” category is universally good… and everyone in the “them” category is diabolically evil.
The evil ones must be utterly tortured and destroyed — with prejudice. If even one of them survives, it will all grow back again.
If this sounds like the teachings of a fundamentalist cult, you are absolutely correct.
Hitler was only one of many who put these types of thoughts into practice.
The reality is that humans are complex creatures. No one is “all good” or “all bad.”
Each person is quite capable of thinking for themselves — regardless of where they work.
Plenty of people now realize that the goals and aspirations of this cabal could literally destroy our entire planet.
We cannot simply stand back and watch it happen. Actions must be taken.

THE NUMBER OF “GOOD GUYS” IS NOW AS HIGH AS 75 PERCENT

Between 70 to 75 percent of the United States military community is now aligned against the cabal as of this past week.
This is according to top Pentagon sources I am in contact with, by one degree of separation — as a result of years of building up insider contacts as a public investigator.
Critical steps have been taken to remove powerful opposing forces that were loyal to the cabal — who would have sabotaged this planetary healing process.
Many brave men and women have put their lives on the line to uphold their Oath of Enlistment — and defend our freedom.
They deserve our respect and support.
There is nothing more dangerous on Earth than to take on the ruling cabal. This also makes it a uniquely powerful act of valor.
As a result of these heroic efforts — including criminal investigations — we are now seeing a Point of No Return for the global bankers.
If you don’t grasp that yet, the wealth of excerpts you are about to read may well change your mind.

THEY HAVE BEEN WEAKER THAN WE REALIZED ALL ALONG

In truth, these financial institutions have been much weaker than they led us to believe for years now — since at least 2007.

They have played around with their own credit reports to convince everyone that they are still a worthwhile investment.
If they had told us the truth about how much trouble they were in, they would probably have already been exposed and defeated.
A vast international alliance has been financially choking off the Cabal for years now — knowing that their collapse is inevitable. They are still too powerful to be exposed until a collapse becomes visible to all.
Their fraud is so vast that it encompasses every single type of financial investment there is — stocks, bonds, commodities, currency, mutual funds, derivatives, mortages, loans, you name it.

1. Bloomberg – World Financial Market To Be Rebalanced By Currency Revaluation!

All the money there is in the world — either real money or fake numbers in a computer — has been manipulated to create the largest financial fraud in recorded history… so far.
Many experts now estimate the amount of investments that are affected could be as much as 800 trillion ( ! ) dollars.

THE SCIENCE ALREADY CAME IN — BUT NO ONE WAS PAYING ATTENTION

Last September, an incredible scientific paper was released that proved, irrefutably, that the world is being controlled by a vastly interconnected cabal.
It is rather ironic that these scientists are based in Switzerland — the world capital of secretive, off-the-books banking.
http://arxiv.org/PS_cache/arxiv/pdf/1107/1107.5728v2.pdf

I am going to re-quote some of the first section of Financial Tyranny at this point, and add new material as well.

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PROOF OF A WORLDWIDE INTERLOCKING DIRECTORATE

Three scientists from the Swiss Federal Institute of Technology in Zurich – Vitali, Glattfelder and Battiston – recently found conclusive proof that the world is being run by a vast interlocking directorate.

The computer power, database and networking capabilities necessary to prove this point were not available until recently.

Their results were published in New Scientist, a respected science magazine.

A VAST COMPUTER DATABASE OF CORPORATIONS

Glattfelder’s team unleashed an impressive armada of supercomputers on Orbis 2007 – a very elaborate database of the top 37 million corporations and individual investors worldwide.

The results were absolutely stunning.

If you don’t mind “getting your hands dirty” with scientific lingo, this excerpt from page 3 of their study explains more about the database and what they found. I have added emphasis where appropriate.

http://arxiv.org/PS_cache/arxiv/pdf/1107/1107.5728v2.pdf

We start from a list of 43060 TNCs [Trans-National Corporations] identified according to the OECD [Organization for Economic Co-operation and Development] definition, taken from a sample of about 30 million economic actors contained in the Orbis 2007 database (see IS Appendix, Sec. 2).

We then apply a recursive search (Fig. S1 and SI Appendix, Sec. 2) which singles out, for the first time to our knowledge, the network of all the ownership pathways originating from and pointing to TNCs [Trans-National Corporations] (Fig. S2).

The resulting TNC network includes 600508 nodes and 1006987 ownership ties….

MORE ABOUT THE DATABASE

It may not seem possible that one database could generate the findings you are about to see.

Therefore, for those who are interested, I want to point out additional information that appears on page 12, regarding the Orbis database and how it was used.

http://arxiv.org/PS_cache/arxiv/pdf/1107/1107.5728v2.pdf

The Orbis 2007 marketing database comprises about 37 million economic actors, both physical persons and firms located in 194 countries, and roughly 13 million directed and weighted ownership links (equity relations).

[Orbis 2007: http://www.bvdep.com/en/ORBI ]

Among many others, information on the industrial classification, geographical position and operating revenue of the actors are provided.

This data set is intended to track control relationships rather than patrimonial relationships.

Whenever available, the percentage of ownership refers to shares associated with voting rights….

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THE “BOW-TIE” STRUCTURE

As you just read, the Swiss scientists identified a total of 43,060 trans-national corporations in the Orbis 2007 database.

They were quite surprised to discover a “bow-tie” structure when they analyzed how these corporations were related to one another.

The “bow-tie” is a visual metaphor of what their data actually looked like once they had everything mapped out. A bow-tie has a small central knot with two loops coming off of it.

The equivalent of the bow-tie, in their computer data, was a very small central knot of corporations with branches that extended out to a surprising majority of the entire system.

In this case, it looks more like a circle with a bunch of red dots in the middle — but notice how the dots are all clustered in the center.

This brief explanation helps us understand some of the wording in the abstract of the paper, which summarized their findings at the beginning:

http://arxiv.org/PS_cache/arxiv/pdf/1107/1107.5728v2.pdf

We find that transnational corporations form a giant bow-tie structure — and that a large portion of control flows to a small, tightly-knit core of financial institutions.

This core can be seen as an economic “super-entity” that raises new important issues both for researchers and policy makers….

Jacob Rothschild

A CORE OF 1,318 COMPANIES THAT RUN THE SHOW

The Swiss team revealed that a very small ‘core’ of 1,318 companies was in direct control of many more corporations. In total, these corporations earned 20 percent of the world’s wealth, as we will see.

This ‘core’ is the first level of the “bow-tie” structure they discovered. The 1,318 companies were the “knot” of the bow-tie, which extended out and entangled many other corporations.

This excerpt from page 5 is where they first mention the core:

http://arxiv.org/PS_cache/arxiv/pdf/1107/1107.5728v2.pdf

Thus, similar to the WWW [the Internet], the TNC [trans-national corporation] network has a bow-tie structure [21] (see Fig. 2 A and SI Appendix, Sec. 6).

Its peculiarity is that the strongly connected component, or core, is very small compared to the other sections of the bow-tie…

The core is also very densely connected, with members having, on average, ties to 20 other members (Fig. 2 C, D).

As a result, about 3/4 of the ownership of firms in the core remains in the hands of firms of the core itself.

In other words, this is a tightly-knit group of corporations that cumulatively hold the majority share of each other….

A GHOST IN THE MACHINE

It is very, very strange that all these corporations, theoretically in competition with each other, all actually own each other’s companies.

The scientists were shocked, because the ownership was far more entangled and interrelated than anyone could ever have imagined — even for those with the unsavory label of a “conspiracy theorist.”

These were not crackpots.

Credible scientists explored virgin territory, using supercomputers and a vast database — and discovered an astonishing “ghost in the machine.”

LET’S TAKE A CLOSER LOOK

In this diagram, taken from the Swiss study, we see a better illustration of the core — including some of the top players within it, and their relationships.

Look closely. Some of these names should already be quite familiar to you:

Names that immediately jump out include Goldman Sachs, JP Morgan Chase, Lehman Brothers, Morgan Stanley, Bank of America, Merrill Lynch, Citigroup, UBS, Deutsche Bank and Barclays.

These are almost all financial institutions. They are supposed to be in competition with each other. Most of their employees certainly think they are.

What the hell are they doing by all owning each other’s companies?

THE GREATEST MAGIC TRICK ON EARTH

It’s almost like a magic show. The magician uses mis-direction to get his audience to look away from the stage, at just the right time, to create compelling illusions.

[A very interesting synchronicity happened right after I added this picture the next morning. See the update section below.]

In this case, the illusion would be that if you invest in one of these financial institutions, you are hoping that you will earn more profits than if you went with one of the others.

No one knew that they were all actually working together.

No matter which one of these companies you invest in, all your money is going to the same players.

It’s like a casino that is rigged to insure the “house always wins.”

THE CORE IS EARNING 20 PERCENT OF ALL THE PROFITS ON EARTH

This is still just the beginning. It gets much more outrageous from here.

This “core” of 1,318 companies owns other corporations that, in total, are earning 20 percent of all the money there is to make in the world.

The quotes to prove this will appear in just a minute.

This fact alone reveals that there is an astonishing monopoly at play in the world.

Any interconnected matrix of control like this should be subject to vast, sweeping anti-trust legislation.

Otherwise, there are all sorts of insider moves that can be made to financially exploit the people.

1. Antitrust Rothschild’s Fraudulent Monopoly Of International Banks. Just As We Did With AT&T’s Monopoly Of The Telephone Industry!!

THE CORE CONTROLS AN ADDITIONAL 60 PERCENT OF GLOBAL REVENUES — OVER THEIR OWN 20 PERCENT!

However, in addition to their own 20 percent share, the “core” also appeared to own and control the stock in a majority of all the largest companies in the world.

These companies’ profits add up to an additional 60 percent of global revenues.

The results of our investigation just got much worse. This is nothing short of staggering:

http://www.newscientist.com/article/mg21228354.500-revealed–the-capitalist-network-that-runs-the-world.html

Although they represented 20 per cent of global operating revenues, the 1318 [corporations] appeared to collectively own, through their shares, the majority of the world’s large blue chip and manufacturing firms – the “real” economy — representing a further 60 per cent of global revenues….

[This] core of 1318 companies [had] interlocking ownerships. Each of the 1318 had ties to two or more other companies, and on average they were connected to 20 [other corporations].

A STUPEFYING AND HUMBLING DISCOVERY

This kind of discovery can actually make your brain hurt.

When we find out that 80 percent of all the money being earned in the world is all going into a centralized network, that’s another way of saying “Everything is Under Control.”

The remaining 20 percent of “hold-outs” are probably in foreign nations who somehow managed to resist this vast Cabal.

The 80-percent majority includes pharmaceutical companies, clothing manufacturers, agriculture providers, gadget-makers, mining consortiums, telecommunications companies, defense contractors, food manufacturers and the media complex.

It’s what we eat, what we drink, what we wear, what we drive, what we use, what we learn and what we are informed by.

1.Pre-Emptive Strike By Piece Of Shit Republican Jack Kingston To Federally Promote & Protect A Deadly Killer On July 23rd: Monsanto Ushered Into Our Food Chain By Corrupt Politicians! Take State Action!

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Monsanto Declared Worst Company of 2011

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This is a stupefying and very humbling discovery.

Once the average person steps back, absorbs this information and then passes out from intellectual fatigue, they are likely to wake up with nightmares.

737 CORPORATIONS HAVE 80 PERCENT OF THE CONTROL

The magic trick isn’t over. This is all still just the set-up, as the elusive magician draws us more and more into the realm of the fantastic — and the impossible.

Believe it or not, only 737 corporations control this network that directly earns 80 percent of all the world’s profits.

The smoke rises — and the audience gasps in awe at how the magician could have ever pulled off a stunt like this.

This next excerpt from page 6 of the paper reveals the truth — in stark, black and white words on this screen.

Don’t let the technical jargon fool you. This single sentence has earth-shaking implications — and everyone needs to know about it.

http://arxiv.org/PS_cache/arxiv/pdf/1107/1107.5728v2.pdf

In contrast, we find that only 737 top holders accumulate 80% of the control over the value of all TNCs [trans-national corporations] (see also the list of the top 50 holders in Tbl. S1 of SI Appendix, Sec. 8.3).

TEN TIMES MORE CONTROL THAN THEY SHOULD HAVE BY PROFITS ALONE

And that’s still not all.

The “top actors” within this group of 737 corporations have ten times more control than they should – if the control was only based on how much money they are earning.

http://arxiv.org/PS_cache/arxiv/pdf/1107/1107.5728v2.pdf

In particular, the top ranked actors hold a control ten times bigger than what could be expected based on their wealth.

The results are robust with respect to the models used to estimate control.

THE SWISS WERE THE VERY FIRST TO DISCOVER THIS

Now we tumble even deeper into the realm of the bizarre — and the inexplicable. Just when you thought the magic trick was over, it gets even more outrageous.

The Swiss team was astonished by this discovery of 737 corporations earning 80 percent of all the world’s wealth — in a closed, central network.

No one talks about this. No one knew this. The Swiss were the very first, in human history, to discover this — scientifically. It jumped right out of the data — and was absolutely undeniable.

Here, again, is what they said in the opening summary:

http://arxiv.org/PS_cache/arxiv/pdf/1107/1107.5728v2.pdf

So far, only small national samples were studied — and there was no appropriate methodology to assess control globally.

We present the first investigation of the architecture of the international ownership network, along with the computation of the control held by each global player.

Remember — their discovery grew out of a complex analysis of 600,508 nodes, with 1,006,987 different connections between them.

The computers are correlating vast amounts of information provided for each individual node — and mapping how it all fits together.

A “SUPER-ENTITY” OF 147 CORPORATIONS DIRECTLY CONTROL 40 PERCENT OF THE WEALTH

Emboldened and mystified by this seemingly impossible discovery, the Swiss team then crunched the numbers even harder — consuming what must have been months of computer processing time.

Their hard work paid off — with astonishing precision.

By drilling down even harder, they found that within these 737 companies, there was a very deeply hidden “super-entity” of only 147 corporations.

Together, this super-elite, good-old-boys-club of 147 companies directly earns a whopping 40 percent of all the wealth in the world.

http://www.newscientist.com/article/mg21228354.500-revealed–the-capitalist-network-that-runs-the-world.html

When the team further untangled the web of ownership, it found much of it tracked back to a “super-entity” of 147 even more tightly knit companies – all of their ownership was held by other members of the super-entity — that controlled 40 per cent of the total wealth in the network.

Rothschild

THE TOP 147 ALSO APPEAR TO CONTROL 80 PECENT OF THE WORLD’S WEALTH, IN TOTAL

Let’s not forget that these 147 companies appear to be in complete control of the 737 corporations that we were just talking about.

This was very difficult to find, and could not have been revealed without massive computer power — which almost borders on artificial intelligence.

Therefore, we now know that this “super-entity” of 147 companies likely controls 80 percent of all the money to be earned in the world.

Without the advanced technology of supercomputers and chaos theory, no one would have been able to discover this.

History has caught up to the Powers that Were.

THE SAME PEOPLE RUN THE FEDERAL RESERVE

Next question: What kind of companies do you think these top 147 corporations are? Remember – they control a staggering 40 percent of the world’s wealth.

As it says on page 6 of the paper, 75 percent of the corporations within the “super-entity” were financial institutions.

The top financial institutions within the “super-entity” should sound pretty familiar to you by now.

They include Barclays Bank, JP Morgan Chase & Co., Merrill Lynch, UBS, Bank of New York, Deutsche Bank and Goldman Sachs.

Multiple investigators have concluded that these same financial institutions are the private banks that run the Federal Reserve.

Our Swiss scientists did provide us with a list of the top 50 of these corporations — fully one-third of the whole problem.

THE TOP 50 COMPANIES RULING THE WORLD

This list is featured in page 32 of the paper. From left to right, we see the Rank of the company, the Economic Actor Name, a two-digit Country code, a NACE Code, their Network Position, and their Cumulative Network Control (TM, %)

The lower the Cumulative Network Control number you see at the far right, the higher the amount of power they have.

Notice right away that Barclays Bank is the number one most powerful corporation in the entire hidden network — based on this analysis.

1 BARCLAYS PLC GB 6512 SCC 4.05

2 CAPITAL GROUP COMPANIES INC, THE US 6713 IN 6.66

3 FMR CORP US 6713 IN 8.94

4 AXA FR 6712 SCC 11.21

5 STATE STREET CORPORATION US 6713 SCC 13.02

6 JP MORGAN CHASE & CO. US 6512 SCC 14.55

7 LEGAL & GENERAL GROUP PLC GB 6603 SCC 16.02

8 VANGUARD GROUP, INC., THE US 7415 IN 17.25

9 UBS AG CH 6512 SCC 18.46

10 MERRILL LYNCH & CO., INC. US 6712 SCC 19.45

11 WELLINGTON MANAGEMENT CO. L.L.P. US 6713 IN 20.33

12 DEUTSCHE BANK AG DE 6512 SCC 21.17

13 FRANKLIN RESOURCES, INC. US 6512 SCC 21.99

14 CREDIT SUISSE GROUP CH 6512 SCC 22.81

15 WALTON ENTERPRISES LLC US 2923 T&T 23.56

16 BANK OF NEW YORK MELLON CORP. US 6512 IN 24.28

17 NATIXIS FR 6512 SCC 24.98

18 GOLDMAN SACHS GROUP, INC., THE US 6712 SCC 25.64

19 T. ROWE PRICE GROUP, INC. US 6713 SCC 26.29

20 LEGG MASON, INC. US 6712 SCC 26.92

21 MORGAN STANLEY US 6712 SCC 27.56

22 MITSUBISHI UFJ FINANCIAL GROUP, INC. JP 6512 SCC 28.16

23 NORTHERN TRUST CORPORATION US 6512 SCC 28.72

24 SOCIÉTÉ GÉNÉRALE FR 6512 SCC 29.26

25 BANK OF AMERICA CORPORATION US 6512 SCC 29.79

26 LLOYDS TSB GROUP PLC GB 6512 SCC 30.30

27 INVESCO PLC GB 6523 SCC 30.82

28 ALLIANZ SE DE 7415 SCC 31.32

29 TIAA US 6601 IN 32.24

30 OLD MUTUAL PUBLIC LIMITED COMPANY GB 6601 SCC 32.69

31 AVIVA PLC GB 6601 SCC 33.14

32 SCHRODERS PLC GB 6712 SCC 33.57

33 DODGE & COX US 7415 IN 34.00

34 LEHMAN BROTHERS HOLDINGS, INC. US 6712 SCC 34.43

35 SUN LIFE FINANCIAL, INC. CA 6601 SCC 34.82

36 STANDARD LIFE PLC GB 6601 SCC 35.2

37 CNCE FR 6512 SCC 35.57

38 NOMURA HOLDINGS, INC. JP 6512 SCC 35.92

39 THE DEPOSITORY TRUST COMPANY US 6512 IN 36.28

40 MASSACHUSETTS MUTUAL LIFE INSUR. US 6601 IN 36.63

41 ING GROEP N.V. NL 6603 SCC 36.96

42 BRANDES INVESTMENT PARTNERS, L.P. US 6713 IN 37.29

43 UNICREDITO ITALIANO SPA IT 6512 SCC 37.61

44 DEPOSIT INSURANCE CORPORATION OF JP JP 6511 IN 37.93

45 VERENIGING AEGON NL 6512 IN 38.25

46 BNP PARIBAS FR 6512 SCC 38.56

47 AFFILIATED MANAGERS GROUP, INC. US 6713 SCC 38.88

48 RESONA HOLDINGS, INC. JP 6512 SCC 39.18

49 CAPITAL GROUP INTERNATIONAL, INC. US 7414 IN 39.48

50 CHINA PETROCHEMICAL GROUP CO. CN 6511 T&T 39.78

YES, THERE IS A MONOPOLY — AND THAT POSES SEVERE RISKS

The next big question is whether this monopoly is engaged in cartel-style corruption. Do they secretly conspire to rig the markets and profit extensively?

The Swiss scientists used the term “bloc” to describe such a cartel, as we will see in a bit.

In this first excerpt from the Discussion section, they reveal that there is no direct evidence yet that this is being done — but the implications are fearsome if there is.

http://arxiv.org/PS_cache/arxiv/pdf/1107/1107.5728v2.pdf

The fact that control is highly concentrated in the hands of few top holders does not determine if and how they are interconnected….

This remarkable finding raises at least two questions that are fundamental to the understanding of the functioning of the global economy.

Firstly, what are the implication for global financial stability?….

Recent works have shown that when a financial network is very densely connected, it is prone to systemic risk [24, 16].

Indeed, while in good times the network is seemingly robust, in bad times firms go into distress simultaneously.

This knife-edge property [25, 26] was witnessed during the recent financial turmoil [in the Lehman Brothers collapse of 2008].

THEY COULD FORM A CARTEL-STYLE “BLOC” THAT ELIMINATES COMPETITION

In this next excerpt, our Swiss scientists admit that it is “not unlikely” that this centralized network could be playing dirty — and cheating the world on a vast scale.

http://arxiv.org/PS_cache/arxiv/pdf/1107/1107.5728v2.pdf

Secondly, what are the implications for market competition?

Since many TNCs in the core have overlapping domains of activity, the fact that they are connected by ownership relations could facilitate the formation of blocs, which would hamper market competition [14].

Remarkably, the existence of such a core in the global market was never documented before and thus, so far, no scientific study demonstrates or excludes that this international “super-entity” has ever acted as a bloc.

THIS IS NOT AN UNLIKELY SCENARIO

As we go on from here, the Swiss scientists remind us of other examples of cartel-style “blocs” that are already on the public historical record.

http://arxiv.org/PS_cache/arxiv/pdf/1107/1107.5728v2.pdf

However, some examples suggest that this is not an unlikely scenario.

For instance, previous studies have shown how even small cross-shareholding structures, at a national level, can affect market competition in sectors such as airline, automobile and steel, as well as the financial one [14, 13].

At the same time, antitrust institutions around the world (e.g., the UK Office of Fair Trade) closely monitor complex ownership structures within their national borders.

[DW: Here, the scientists never consider that the regulatory agencies could also be compromised.]

The fact that international data sets as well as methods to handle large networks became available onlyvery recently, may explain how this finding could go unnoticed for so long….

THE SCIENTISTS DIDN’T WANT TO STICK THEIR NECKS OUT

To be fair, these scientists did say this could all be due to the magic of Chaos theory.

They said this could all be a “logical phase” of the “self-organizing” nature of complex systems – such as the global economy:

http://www.newscientist.com/article/mg21228354.500-revealed–the-capitalist-network-that-runs-the-world.html

“Such structures are common in nature,” says Sugihara…. Or as Braha puts it: “The Occupy Wall Street claim that 1 per cent of people have most of the wealth reflects a logical phase of the self-organising economy.”

So, the super-entity may not result from conspiracy. The real question, says the Zurich team, is whether it can exert concerted political power.

Driffill feels 147 is too many to sustain collusion. Braha suspects they will compete in the market but act together on common interests….

“It’s disconcerting to see how connected things really are,” agrees George Sugihara of the Scripps Institution of Oceanography in La Jolla, California, a complex systems expert who has advised Deutsche Bank.

THE END OF THE PAPER IS WORDED MORE BOLDLY

You never waste words when you write up a scientific paper after years’ worth of hard work. Bearing that in mind, read the last paragraph of the actual paper itself:

http://arxiv.org/PS_cache/arxiv/pdf/1107/1107.5728v2.pdf

This is the first time a ranking of economic actors by global control is presented. Notice that many actors belong to the financial sector… and many of the names are well-known global players….

This means that they do not carry out their business in isolation but, on the contrary, they are tied together in an extremely entangled web of control.

This finding is extremely important since there was no prior economic theory or empirical evidence regarding whether and how top players are connected.

Mind Control Shootings & Pharma Bribery Aug 9/12

Article: Batman Massacre: WHY and HOW and WHO Written by By Grace Powers July 28, 2012 www.helpfreetheearth.com

THE MOTIVES

Robert Holmes, the shooting suspect's father, is a senior lead scientist with FICO, the American credit score company. He was scheduled to testify in the next few weeks before a US Senate panel that is investigating the largest bank fraud scandal in world history. This banking fraud threatens to destabilize and destroy the Western banking system.

Robert Holmes not only uncovered the true intent of the massive LIBOR banking fraud, but his "predictive algorithm model" also traced the trillions of "hidden"dollars to the exact bank accounts of the elite classes who stole it. In other words, Robert Holmes could NAME NAMES! Those names WOULD AWAKEN THE WORLD to the depth of government and corporate corruption which could include members of Congress, Wall Street, Federal Reserve and EU executives and could even include US Presidential candidates and the British Royal family.

The motives for the massacre are:

1) To silence whistelblower Robert Holmes whose son is now facing a possible death sentence

2) To influence the upcoming vote on the UN Global Small Arms Treaty which could result in gun confiscation and disarming world citizens. The UN treaty could override national sovereignty and give a license to federal governments to assert preemptive gun control powers over state regulatory powers.

THE REAL JAMES HOLMES

James Holmes grew up in a churchgoing family in a "Mayberry" style community. Neighbors describe “Jimmy” Holmes as quiet, shy, unassuming, smart, clean cut and "not dangerous". His mother, Arlene, is a registered nurse. His father, Robert, is a FICO senior scientist.

In high school, James ran cross-country, played soccer and snow boarded. After graduating, he completed an internship at the Salk Institute and Miramar College’s biotechnology “boot camp.” He also worked as a camp counselor. James has no criminal or military history whatsoever.

James Holmes received the prestigious National Institutes of Health Neuroscience Training Grant at the University of Colorado Anschutz Medical Campus in Denver. The $26,000 stipend paid his tuition for the highly competitive neuroscience program. Billy Kromka who worked with James for three months last summer in the Medical lab, said, "There's no way I thought he could have the capacity to commit an atrocity like this".

JAMES HOLMES WAS KIDNAPPED

Two months prior to the theater massacre, James Holmes' entire world was turned upside down. That's when two "Black Op" hitmen, entered his life and unravelled it using a drug called "SCOPOLOMINE" - also known as the "The Devil's Breath".

DRUGGED

Scopolomine or "The Devil's Breath" is colorless, odorless and tasteless and can be easily dissolved in drinks or sprinkled on food. Victims become so docile, they have been known to help thieves rob their homes and empty their bank accounts. Women victims have been drugged repeatedly over days and gang-raped or rented out as prostitutes.

In a common scenario, a person is offered a drink laced with the substance and wakes up miles away, extremely groggy and with no memory of what happened. The victim soon discovers that they have handed over jewelry, money, car keys, and sometimes even made multiple bank withdrawals to their assailants.

Scopolamine completely blocks the formation of memories making it impossible for victims to ever identify their aggressors. Under hypnosis, people can normally recall what happened to them...but scopolamine induces amnesia because the memory was never recorded," said Dr. Camilo Uribe, the world's leading expert on the drug.The drug depresses the cerebrum and destroys the power of reasoning’. There is no power to think or reason.

This is what happened to James Holmes. He claims he has no memory of the massacre or what happened. An employee at the Arapahoe County Detention Center, where Holmes is in an isolation cell, told sources: “He claims he doesn’t know why he’s in jail. He asked, ‘Why am I here?’

TIMELINE

June, 2011 - James Holmes enrolls in the neuroscience Ph.D program at the University of Colorado Denver.

May 21, 2012 - Two months before the massacre, James Holmes is befriended by BLACK OP HITMAN #1 who drugs him with scopolomine for the first time. The hitman takes the drugged Holmes back to Holmes apartment at 1690 Paris Street in Aurora. The hitman moves in with Holmes and stays undercover for 8 weeks. The hitman maintains Holmes in a drugged state and accesses his email and bank accounts.

May 22nd, 2012 - Hitman #1 buys a Glock pistol using James Holmes identification. Less than a week later, he upgrades to a shotgun. The following week, he buys an AR-15 rifle. Hitman #1 also purchases explosive materials and equipment to rig Holmes entire apartment with a complex series of booby traps.

June 7th, 2012 - James Holmes shows up on campus for an oral exam in a drugged fog and fails.

June 7th to July 2nd, 2012 - Using James Holmes email, Hitman #1 orders guns, rounds of amunition, magazine holders, combat vest, knife, mask etc. with expedited shipping costs through FEDEX and USPS. Holmes signs for the deliveries in a drugged state.

July 5th, 2012 - While James Holmes is drugged, Hitman #1 dyes Holmes' hair red-orange and takes a photo of him. The hitman then creates a profile for James Holmes on the AdultFriendFinder adults-only website. When completing the profile for Holmes, the hitman doesn't know that Holmes is 6'3", so he mistakenly enters 6'0".

The hitman uploads James Holmes photo. Only days before the massacre, the hitman makes an entry on the AdultFriendFinder website site. Pretending to be Holmes, he describes his penis as "short/average". He uses the screen name "classicjimbo" with a message on top of the profile which reads, "Will you visit me in prison?"

July 18th, 2012 - Hitman #1 mails an incriminating notebook filled with gruesome sketches and details of the plans for the attack in the crowded theater. The notebook is in a package sent to a professor at the University of Colorado, where Holmes was a Ph.D. candidate until dropping out of school just prior to the killings. The package was delivered by the U.S. Postal Service on the Monday after the shootings which forced the evacuation of a campus building for 2 1/2 hours.

July 19th, 2012 - Hitman #1 drives the GETAWAY CAR to the theater and parks it at the side of the multiplex. He buys a Batman 'The Dark Knight Rises' movie ticket and enters Theater 9. He sits in the far right front theater seat near the emergency exit door. He receives and picks up a cell phone call from BLACK OP HITMAN #2, then gets up and goes over to the emergency exit door. A movie theater witness named Corbin Dates sees him talking on the cell phone and holding the exit door open with his foot. Hitman #1 jams the exit door ajar for Hitman #2.

Hitman #2 parks James Holmes' white Hyundai Coupe outside the Theater 9 emergency exit door at the back of the multitplex. James Holmes is drugged and semi-conscious in the passenger seat next to him. Hitman #2 is wearing full protective combat gear. His guns, ammunition, gas can and mask are stashed in back of the car. He calls Hitman #1 on the cell phone and gets the "go ahead" signal.

Hitman #2 gets out of the white Hyundai, leaves the semi-conscious James Holmes (locked?) inside the car, then opens up the hatchback and arms himself with guns and amo. He straps on his gas mask, carries his weapons and gas cans into the theater through the exit door twenty minutes after the movie starts. Using the tactical manoevers of a trained commando, he throws a gas canister into the crowd and shoots one shot into the air. The shot scares people out of their seats making them easy targets.

Gunman #1 leaves the theater through the exit door and returns to the getaway car parked at the side of the multiplex.

For 90 seconds, Hitman #2 shoots hundreds of rounds of bullets into the crowd killing 12 people and wounding 58 others. He then turns and runs out the exit door, strips off his armour and leaves a trail of blood, guns and protective gear that lead to the white Hyundai where James Holmes is sitting in a drugged stupor.

The gunman continues wearing his gas mask to hide his identity from the eye of a rooftop security camera positioned at the corner of the multiplex. After passing under the security camera, Hitman #2 ditches the mask, turns the corner of the building, then ducks into the getaway car driven by Gunman #1. The Black Op hitmen speed away.

ARRESTED

James Holmes is reportedly arrested at his car without resistance.

Why was the back rear window on James Holmes white Hyundai Coupe broken? Was he locked inside? Did the police have to break the window to gain access to him? The mainstream media didn't report whether or not James was in the car when he was arrested or whether he was coherent.

ABC News circulated a false report about an incriminating statement made by James Holmes' mother. Arlene Holmes. ABC reported that when they phoned Arlene Holmes and asked her about her son being a suspect in the shooting, she answered "You've got the right guy". His mother has denied making that statement.

Take a look at Holmes' mugshot photo next to the courtroom photo. What do you see?

Why does the mugshot show Holmes in the same emotional state as the courtroom photo? Because James Holmes mugshot wasn't taken after his arrest which is standard procedure. The mugshot was taken right before he appeared in court 3 days later. His facial hair growth is the same in both photos.

Why did they take the mugshot on the same day as his court appearance instead of the day of his arrest?

Because James Holmes was too "drugged" when they found him to even stand up for the mugshot!

James Holmes has no memory whatsoever of the massacre or of the past two months of his life. That's why he is asking, ‘Why am I here?’ He really doesn't remember.

JAMES HOLMES - THE FIRST VICTIM

12 people were killed and 58 wounded. The official number of reported victims of the Batman shooting is 70. That number is wrong. There were 71 victims!

What effect has two months in a "scopolamine" stupor had on James Holmes physical, emotional and mental health?

What kind of a deal will his father work out with the bankster MAFIA to save his son from the death penalty?

INSIDE JOB

Like 9/11, The Batman movie massacre was an inside "Black Op". What is a a Black Op? It is a covert operation by a government, a government agency, or a military organization. The term is also used for activities by private companies or groups. A black operation typically involves a significant degree of deception and clandestine, illegal activities that are often outside of standard military protocol.

The ruling crime families of trillionaire royals and banksters are conscienceless. They don't care who they have to deceive, abuse, rob or sacrifice to achieve their one world government New World Order agenda.

Article: Batman Massacre: WHY and HOW and WHO Written by By Grace Powers July 28, 2012 www.helpfreetheearth.com

Colorado: Three eyewitnesses to the Batman massacre say they saw someone sitting in the front row receive a phone call, immediately walk to the emergency exit, and open the door for the gunman to enter. [Yet, police say with a straight face that there is no reason to believe that the gunman had accomplices1] YouTube posted 2012 Aug 7

Pharma Bribery July 26/12

Alternative media blows the lid on Big Pharma's massive bribery network

Wednesday, July 18, 2012
by Mike Adams, the Health Ranger
Editor of NaturalNews.com

http://www.naturalnews.com/036510_doctors_bribes_drug_companies.html

(NaturalNews) Two of the most influential alternative media organizations on the 'net -- InfoWars.com and NaturalNews.com -- have blown the lid wide open on Big Pharma's massive bribery network. Through exclusive interviews with pharma insiders, InfoWars and NaturalNews have done what the mainstream media refuses to do: grant a platform to credible whistleblowers who are exposing the systematic, criminal Big Pharma bribing of doctors who willingly accept kickbacks to write prescriptions for high-profit pharmaceuticals.

Smart Meter EMF Threats & What Spraying?Aug 9/12

Great  Meter video

http://thepowerfilm.org/

1) Now for a big surprise!! Fortis has selected ITRON to supply its meters. I wonder if they will be wireless....

FortisBC Selects Itron as Supplier of Advanced Metering Solution - Market Watch Business Wire Press Release - August 01, 2012:
- http://www.marketwatch.com/story/fortisbc-selects-itron-as-supplier-of-advanced-metering-solution-2012-08-01

2) Great News!! Ted Olynyk says that Hydro needs to have 1.8 million wireless meters installed for the grid to function and they’ve already installed 1.5 million.  Ted says 1% have refused meters. In the article below, Cindy Verschoor says 3%. With Hydro’s history of misleading, dare I say lying, I suspect this number is far higher, more like the 250,000 homes the insider reporter to us.Yeah for us!! We can prevent the grid from being finished if we all stand firm. http://www.news1130.com/news/local/article/388707--vast-majority-of-bc-hydro-customers-now-have-smart-meters?cid=dlvr.it

3) Smart meter catches fire on Sparwood’s Post Office!!

Sparwood fire fighters respond to the Sparwood post office by Jonathan Arenson - The Free Press - August 01, 2012:
- http://www.thefreepress.ca/news/164647876.html

4) The IARC decision applies to all wireless devices. This article outlines the significance of it. Hydro should not be using a device which emits a 2b carcinogen.

New column in The WashingtonTimes.com  Implications of IARC classification that are not spoken aloud

The IARC classification justifies implementation of the Precautionary Principle, confirms the existence of non-thermal effects and justifies revision of safety standards.

http://communities.washingtontimes.com/neighborhood/between-rock-and-hard-place/2012/aug/2/Implications-IARC-classification-not-spoken-aloud/

5) We need to strengthen our use of Twitter, to get our information out to as many people as possible. If there is anyone who would like to get involved, even if you aren’t all that technical about smart meters, please let me know. director@stopsmartmetersbc.ca.

6) Another cybersecurity warning from US government officials. This link has a video linked, at page 2.

Cyber attacks against infrastructure jump 17-fold warns National Security Agency
Aug 2, 2012
QuickTake: It has been disappointing to see how slowly utilities have moved against the threat of cyber attack. Perhaps this latest warning will convince them to be proactive. If not, legislation is making its way through Congress that will force changes.

Media Complicit Ownership & Cencorship ! Aug 2/12

Inge’s Added Comment: This evening on the Bill Moyers program, on PBS, I listened to a most sobering interview with Chris Hodges – an interview well worth taking in – dealing with the stark facts of the Realities that threaten the survival of civilization as we know it, yet truths that most people refuse to accept and address  -  the Realities that the mainstream press refuses to report.

The link for this interview on the internet is listed below.

Please pass this message and the link to as many people as possible.

I have emailed the transcript of this interview in a separate email.

#2  Below I have copied an article by Chris Hodges (2010) in which he details the corruption of the NEWS media, and the distortion of “NEWS” into a propaganda machine controlled by and for the corporate elites.  Until the majority of the public becomes fully aware of the fact that the media is a source of misinformation and intentional distortion, that public will remain rife for manipulation, gullible and unwittingly complicit. cdsapi@shaw.ca

Taken from the net:

Chris Hedges Sits Down With Bill Moyers
Posted on Jul 22, 2012

http://www.truthdig.com/avbooth/item/chris_hedges_on_moyers_company_20120722/?ln

and also

http://billmoyers.com/episode/full-show-capitalism’s-‘sacrifice-zones’

Bill and journalist Chris Hedges talk about parts of America “that have been destroyed for quarterly profit.”

In one of the most pointed, sweeping and personal public conversations about Chris Hedges’ life and work yet, Bill Moyers speaks with the journalist after the release of “Days of Destruction, Days of Revolt,” the book Hedges co-authored with fellow reporter and artist Joe Sacco.

The 50-minute conversation is followed by a segment on Sacco, who talks about the thinking and experiences that moved him to become a “comics journalist.”

For a transcript of the program, go here and click the ‘Full Transcript’ button immediately beneath the video

Note:  Bold Highlights have been added by i.h.

from   Chris Hedges' Columns

The “Creed of Objectivity” Killed the News
http://www.truthdig.com/report/item/the_creed_of_objectivity_killed_the_news_business_20100131

Posted on Feb 1, 2010

By Chris Hedges

Reporters who witness the worst of human suffering and return to newsrooms angry see their compassion washed out or severely muted by the layers of editors who stand between the reporter and the reader.  The creed of objectivity and balance, formulated at the beginning of the 19th century by newspaper owners to generate greater profits from advertisers, disarms and cripples the press.

And the creed of objectivity becomes a convenient and profitable vehicle to avoid confronting unpleasant truths or angering a power structure on which news organizations depend for access and profits.  This creed transforms reporters into neutral observers or voyeurs.  It banishes empathy, passion and a quest for justice.  Reporters are permitted to watch but not to feel or to speak in their own voices.  They function as “professionals” and see themselves as dispassionate and disinterested social scientists.  This vaunted lack of bias, enforced by bloodless hierarchies of bureaucrats, is the disease of American journalism.

“The very notion that on any given story all you have to do is report what both sides say and you’ve done a fine job of objective journalism debilitates the press,” the late columnist Molly Ivins once wrote. “There is no such thing as objectivity, and the truth, that slippery little bugger, has the oddest habit of being way to hell off on one side or the other: it seldom nestles neatly halfway between any two opposing points of view.  The smug complacency of much of the press — I have heard many an editor say, ‘Well, we’re being attacked by both sides so we must be right’ — stems from the curious notion that if you get a quote from both sides, preferably in an official position, you’ve done the job.  In the first place, most stories aren’t two-sided, they’re 17-sided at least.  In the second place, it’s of no help to either the readers or the truth to quote one side saying, ‘Cat,’ and the other side saying ‘Dog,’ while the truth is there’s an elephant crashing around out there in the bushes.”

Ivins went on to write that “the press’s most serious failures are not its sins of commission, but its sins of omission — the stories we miss, the stories we don’t see, the stories that don’t hold press conferences, the stories that don’t come from ‘reliable sources.’”

This abject moral failing has left the growing numbers of Americans shunted aside by our corporate state without a voice. It has also, with the rise of a ruthless American oligarchy, left the traditional press on the wrong side of our growing class divide.  The elitism, distrust and lack of credibility of the press — and here I speak of the dwindling institutions that attempt to report news — come directly from this steady and willful disintegration of the media’s moral core.

This moral void has been effectively exploited by the 24-hour cable news shows and trash talk radio programs.  The failure of the fact-based press to express empathy or outrage for our growing underclass has permitted the disastrous rise of “faith-based” reporting.  The bloodless and soulless journalism of the traditional media has bolstered the popularity of partisan outlets that present a view of the world that often has no relation to the real, but responds very effectively to the emotional needs of viewers.  Fox News is, in some sense, no more objective than The New York Times, but there is one crucial and vital difference.  Fox News and most of the other cable outlets do not feel constrained by verifiable facts. Within the traditional news establishment, facts may have been self-selected or skillfully stage-managed by public relations specialists, but what was not verifiable was not publishable.

The cable news channels have cleverly seized on the creed of objectivity and redefined it in populist terms.  They attack news based on verifiable fact for its liberal bias, for, in essence, failing to be objective, and promise a return to “genuine” objectivity.  Fox’s Bill O’Reilly argues, “If Fox News is a conservative channel—and I’m going to use the word ‘if’—so what? …  You’ve got 50 other media that are blatantly left.  Now, I don’t think Fox is a conservative channel.  I think it’s a traditional channel.  There’s a difference.  We are willing to hear points of view that you’ll never hear on ABC, CBS or NBC.”

O’Reilly is not wrong in suggesting that the objectivity of the traditional media has an inherent political bias.  But it is a bias that caters to the power elite and it is a bias that is confined by fact.  The traditional quest for “objectivity” is, as James Carey wrote, also based on an ethnocentric conceit: “It pretended to discover Universal Truth, to proclaim Universal Laws, and to describe a Universal Man. Upon inspection it appeared, however, that its Universal Man resembled a type found around Cambridge, Massachusetts, or Cambridge, England; its Universal Laws resembled those felt to be useful by Congress and Parliament; and its Universal Truth bore English and American accents.”

Objectivity creates the formula of quoting Establishment specialists or experts within the narrow confines of the power elite who debate policy nuance like medieval theologians.  As long as one viewpoint is balanced by another, usually no more than what Sigmund Freud would term “the narcissism of minor difference,” the job of a reporter is deemed complete.  But this is more often a way to obscure rather than expose truth.

Pg 2

Reporting, while it is presented to the public as neutral, objective and unbiased, is always highly interpretive. It is defined by rigid stylistic parameters.  I have written, like most other reporters, hundreds of news stories.  Reporters begin with a collection of facts, statements, positions and anecdotes and then select those that create the “balance” permitted by the formula of daily journalism.  The closer reporters get to official sources, for example those covering Wall Street, Congress, the White House or the State Department, the more constraints they endure.  When reporting depends heavily on access it becomes very difficult to challenge those who grant or deny that access.  This craven desire for access has turned huge sections of the Washington press, along with most business reporters, into courtiers.  The need to be included in press briefings and background interviews with government or business officials, as well as the desire for leaks and early access to official documents, obliterates journalistic autonomy.

“Record the fury of a Palestinian whose land has been taken from him by Israeli settlers — but always refer to Israel’s ‘security needs’ and its ‘war on terror,’ ” Robert Fisk writes. “If Americans are accused of ‘torture’, call it ‘abuse’.  
If Israel assassinates a Palestinian, call it a ‘targeted killing’.  
If Armenians lament their Holocaust of 1,500,000 souls in 1915, remind readers that Turkey denies this all too real and fully documented genocide.  
If Iraq has become a hell on earth for its people, recall how awful Saddam was.
If a dictator is on our side, call him a ‘strongman’. If he’s our enemy, call him a tyrant, or part of the ‘axis of evil’.
And above all else, use the word ‘terrorist.’  Terror, terror, terror, terror, terror, terror, terror. Seven days a week.”

“Ask ‘how’ and ‘who’—but not ‘why’,” Fisk adds.  “Source everything to officials: ‘American officials’, ‘intelligence officials’, ‘official sources’, anonymous policemen or army officers.  And if these institutions charged with our protection abuse their power, then remind readers and listeners and viewers of the dangerous age in which we now live, the age of terror — which means that we must live in the Age of the Warrior, someone whose business and profession and vocation and mere existence is to destroy our enemies.”

“In the classic example, a refugee from Nazi Germany who appears on television saying monstrous things are happening in his homeland must be followed by a Nazi spokesman saying Adolf Hitler is the greatest boon to humanity since pasteurized milk,” the former New York Times columnist Russell Baker wrote.  “Real objectivity would require not only hard work by news people to determine which report was accurate, but also a willingness to put up with the abuse certain to follow publication of an objectively formed judgment.  To escape the hard work or the abuse, if one man says Hitler is an ogre, we instantly give you another to say Hitler is a prince.  A man says the rockets won’t work?  We give you another who says they will.  The public may not learn much about these fairly sensitive matters, but neither does it get another excuse to denounce the media for unfairness and lack of objectivity.  In brief, society is teeming with people who become furious if told what the score is.”

Journalists, because of their training and distaste for shattering their own exalted notion of themselves, lack the inclination and vocabulary to discuss ethics.  They will, when pressed, mumble something about telling the truth and serving the public.  They prefer not to face the fact that my truth is not your truth. News is a signal, a “blip,” an alarm that something is happening beyond our small circle of existence, as Walter Lippmann noted in his book “Public Opinion.” Journalism does not point us toward truth since, as Lippmann understood, there is always a vast divide between truth and news. Ethical questions open journalism to the nebulous world of interpretation and philosophy, and for this reason journalists flee from ethical inquiry like a herd of frightened sheep.

Journalists, while they like to promote the image of themselves as fierce individualists, are in the end another species of corporate employees.  They claim as their clients an amorphous public.  They seek their moral justification in the service of this nameless, faceless mass and speak little about the vast influence of the power elite to shape and determine reporting. Does a public even exist in a society as fragmented and divided as ours?  Or is the public, as Walter Lippmann wrote, now so deeply uninformed and divorced from the inner workings of power and diplomacy as to make it a clean slate on which our armies of skilled propagandists can, often through the press, leave a message?

Pg 3

The symbiotic relationship between the press and the power elite worked for nearly a century.  It worked as long as our power elite, no matter how ruthless or insensitive, was competent.  But once our power elite became incompetent and morally bankrupt, the press, along with the power elite, lost its final vestige of credibility.  The press became, as seen in the Iraq war and the aftermath of the financial upheavals, a class of courtiers.  The press, which has always written and spoken from presuppositions and principles that reflect the elite consensus, now peddles a consensus that is flagrantly artificial.

Our elite oversaw the dismantling of the country’s manufacturing base and the betrayal of the working class with the passage of the North American Free Trade Agreement and the press dutifully trumpeted this as a form of growth.
Our elite deregulated the banking industry, leading to nationwide bank collapses, and the press extolled the value of the free market.
Our elite corrupted the levers of power to advance the interests of corporations and the press naively conflated freedom with the free market.
This reporting may have been “objective” and “impartial” but it defied common sense.  The harsh reality of shuttered former steel-producing towns and growing human misery should have, in the hands of any good cop reporter, exposed the fantasies.  But the press long ago stopped thinking and lost nearly all its moral autonomy.

Real reporting, grounded in a commitment to justice and empathy, could have informed and empowered the public as we underwent a corporate coup d’etat in slow motion.  It could have stimulated a radical debate about structures, laws, privilege, power and justice.   But the traditional press, by clinging to an outdated etiquette designed to serve corrupt power structures, lost its social function. Corporations, which once made many of these news outlets very rich, have turned to more effective forms of advertising.  Profits have plummeted.   And yet these press courtiers, lost in the fantasy of their own righteousness and moral probity, cling to the hollow morality of “objectivity” with comic ferocity.

The world will not be a better place when these fact-based news organizations die.  
We will be propelled into a culture
- where facts and opinions will be interchangeable,
- where lies will become true,
- and where fantasy will be peddled as news.

I will lament the loss of traditional news.  It will unmoor us from reality.  The tragedy is that the moral void of the news business contributed as much to its own annihilation as the protofascists who feed on its carcass.

Media Ownership & Censorship

The New York Times openly admitted that virtually every major mainstream news organization allows government bureaucrats and campaign officials to censor their stories.

.

Link is ... http://endoftheamericandream.com/archives/the-new-york-times-admits-that-virtually-every-major-news-organization-allows-the-news-to-be-censored-by-government-officials .

.. The American Dream

Waking People Up And Getting Them To Realize That

The American Dream Is Quickly Becoming

The American Nightmare

. In one of the most shocking articles that the New York Times has ever put out, a New York Times reporter has openly admitted that virtually every major mainstream news organization allows government bureaucrats and campaign officials to censor their stories.   For example, almost every major news organization in the country has agreed to submit virtually all quotes from anyone involved in the Obama campaign or the Romney campaign to gatekeepers for "quote approval" before they will be published.   If the gatekeeper in the Obama campaign does not want a certain quote to get out, the American people will not see it, and the same thing applies to the Romney campaign.  The goal is to keep the campaigns as "on message" as possible and to avoid gaffes at all cost.   But this kind of thing is not just happening with political campaigns. 
According to the New York Times, "quote approval" has become "commonplace throughout Washington".  In other words, if you see a quote in the newspaper from someone in the federal government then it is safe to say that a gatekeeper has almost certainly reviewed that quote and has approved it.  This is another sign that "the free and independent media" in this country is a joke.  What we get from the mainstream media is a very highly filtered form of propaganda, and that is one reason why Americans are turning away from the mainstream media in droves.  People want the truth, and more Americans than ever realize that they are not getting it from the mainstream media.

The following quote comes from the recent article in the New York Times mentioned above and it is absolutely jaw dropping....

IMF Board Resignation & Metal Fixing! July 26/12

Submitted by Tyler Durden on 07/20/2012 14:58 -0400
The rats everywhere are now jumping furiously off the titanic, but few had taken the time to write a letter explaining in detail just how cracked and broken the hull really was. This has now changed, with the departure of Peter Doyle, formerly a division chief in the IMF’s European Department responsible for non-crisis countries and currently an adviser to the Fund. Not content with quietly slinking off the scandal ridden organization which has become the butt of all jokes in the international community, where humor about Lagarde's Louis Vuitton panhandling bag is as pervasive as punchlines about just how incompetent the organization is at actually doing its duty, Doyle has penned the following scathing letter which tears down every myth about the IMF: from its impartiality, to the selection process of its head, to its effectiveness. The letter also contains the following gem: "After twenty years of service, I am ashamed to have had any association with the Fund at all." Pretty much says it all. This is a scandal in the making, and one which may shake to the core the credibility of the IMF in the context of international organization.

Full letter (pdf)

European Department
Washington DC
June 18, 2012

To Mr. Shaalan, Dean of the IMF Executive Board

Today, I addressed the Executive Board for the last time—because I am leaving the Fund.

Accordingly, I wanted first to formally express my deep appreciation to the Swedish, Israeli, and Danish authorities with whom I have worked recently, as well as all others with whom I have worked earlier, for their extraordinary generosity towards me personally.

But I also wanted to take this opportunity to explain my departure.

After twenty years of service, I am ashamed to have had any association with the Fund at all.

This is not solely because of the incompetence that was partly chronicled by the OIA report into the global crisis and the TSR report on surveillance ahead of the Euro Area crisis. Moreso, it is because the substantive difficulties in these crises, as with others, were identified well in advance but were suppressed here. Given long gestation periods and protracted international decision-making processes to head off both these global challenges, timely sustained warnings were of the essence. So the failure of the Fund to issue them is a failing of the first order, even if such warnings may not have been heeded. The consequences include suffering (and risk of worse to come) for many including Greece, that the second global reserve currency is on the brink, and that the Fund for the past two years has been playing catch-up and reactive roles in the last-ditch efforts to save it.

Further, the proximate factors which produced these failings of IMF surveillance—analytical risk aversion, bilateral priority, and European bias—are, if anything, becoming more deeply entrenched, notwithstanding initiatives which purport to address them. This fact is most clear in regard to appointments for Managing Director which, over the past decade, have all-too-evidently been disastrous. Even the current incumbent is tainted, as neither her gender, integrity, or élan can make up for the fundamental illegitimacy of the selection process. In a hierarchical place like this, the implications of those choices filter directly to others in senior management, and via the appointments, fixed term contracts, and succession planning of senior staff, they go on to infuse the organization as a whole, overwhelming everything else. A handicapped Fund, subject to those proximate roots of surveillance failure, is what the Executive Board prefers. Would that I had understood twenty years ago that this would be the choice.

There are good salty people here. But this one is moving on. You might want to take care not to lose the others.

cc. Ms. Nemat Shafik
Mr. Stanley Fischer
Mr. Stephan Ingves
Mr. Benny Andersen
Mr. Alex Gibbs
Mr. Eric Meyer
Mr. Amit Friedman
Mr. Martin Holmberg
Mr. Reza Moghadam
Mr. Mark Plant
Mr. Brad McDonald

London Trader - The LBMA Gold Price Fixing Scheme Is Over

With many global investors still concerned about the recent price action in gold and silver, today King World News interviewed the “London Trader” to get his take on these markets.  The source told KWN that “... the LBMA’s price fixing scheme is coming to an end.”  The source also said that because of this, the eventual “move in gold and silver will literally frighten most people.”

Here is what the source had to say:  “It is now beginning to be discussed, openly, that the unallocated gold is not at the banks.  This is definitely the case with many of the allocated accounts as well.  The reason I’m pointing this out is you have a more ‘open’ disclosure that’s taking place with regards to this.”

The London Trader continues:

“This tells me there is something major that is happening behind the scenes.  It tells me that the LBMA’s price fixing scheme is coming to an end.  You have these naked short positions, that are incomprehensible to most people, in both gold and silver....