Posted by: quiscus | March 5, 2012

March 5, 2012

1. “Bin Laden’s Body Taken To US: Statfor

INTERNAL EMAILS in a major global intelligence firm, published by WikiLeaks, suggest that Osama bin Laden’s body may have been brought to America after he was killed by US Navy Seals.

The emails, from the intelligence firm Stratfor which offered services to major international corporations, are being published by the whistleblowing site having been obtained in an attack on Stratfor’s servers by the Anonymous movement.”

http://www.informationclearinghouse.info/article30718.htm

2. “Allow Failure To Fail

Bank of America teetering on the edge of collapse

In recent years, Too-Big-To-Fail banks like Bank of America and Chase and Wells Fargo have been caught rigging the bids for financial services in dozens of municipalities nationwide. Worse, these same banks have repeatedly been let off the hook by regulators, who rarely seek jail sentences for the offenders, and more often simply apply fractional fines to the companies caught. This behavior, if left unchecked, will ultimately mean that we will all have to pay more for our roads, our traffic lights, our sewers, in fact all public services, as the banker’s secret bonus will soon become an institutionalized part of the invoice. And it’ll be our fault, because we didn’t do anything about it now.

The only way to prevent this kind of slide to total lawlessness is to break this unhealthy relationship between bank and government. It would be a great sign of America’s return to healthier capitalism if we could allow one of the worst of public-private monsters, Bank of America, to sink or swim on its own, in the free market.

We don’t want Bank of America to fail. Our position is, it already is insolvent, and already has failed – and only our tax dollars, and our government’s continued protection, is keeping that failure from becoming more common knowledge. There are many opinions about the nature of modern American capitalism. Some think the system is no longer able to meet the needs of ordinary people and needs to be radically overhauled, while others like it just the way it is.

But one thing that everyone on this spectrum of beliefs can agree upon is that our system doesn’t work when corrupt companies, companies that should fail in the free market, are kept alive by the government. When we allow that, what we get is a system that is neither capitalism nor socialist, but somewhere more miserably in between – a bureaucratic state in which profit is not tied to performance, but political power.”

http://www.informationclearinghouse.info/article30717.htm

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