Friday, January 21, 2011

Thursday, January 13, 2011

Travails of a coca banker

'Sir Allen', confidant of Antiguan politicians and a sponsor of the English Cricket Board was running a money laundering outfit disguised as a get-rich-quick ponzi scheme. In the aftermath of Bernie Madoff the SEC moved in and froze his banks assets, preempting, it's said, the DEA

But there are ways of delaying or preventing unwanted testimony. Like Allan Bond, you could have a stroke, or contrive medical records proving as much, and then say 'I don't recall'. Since going to some Texas prison to await trial, in the space of a year Sir Allen has been beaten around the head twice and acquired a sedative habit. As he appeared in neck brace and shackles, the lawyers feinted and counterfeinted around the question: just when would Stanford be competent to answer questions. Was he just a pill-head, who could be force-detoxed, or had he acquired a brain injury rendering him permanently unfit?

madness and the will to power

is that a teapot I see before me?

Sunday, January 9, 2011

Another horny cop with a van

Let's do something really naughty

'Flash' aka PC Mark Kennedy of the Special Demonstration Squad - the famous Hairies - deep undercover operative and admitted agent provocateur who infiltrated many English and European dissident groups
 with his flash cash and ever ready van, from 2000 to the present. Shagging for her Maj. in Nottingham - one of Robin Hood's merry band

He may have been either deemed ineffective, or to have gone native, as he claimed to have been sacked by the London Met in 2009, when he was recently confronted and exposed.More information can be found here

Four undercover cops infiltrating environmental organisations have been exposed so far, and there are clearly plenty more

Saturday, January 8, 2011

Andy Coulson, David Cameron, and the "War on Murdoch"

as above

so below ...

Former News of the world editor Andy Coulson, who had no idea his journalists were tapping phones ...

and then pops up as UK PM Cameron's propaganda chief(even as one of his minister's announces a 'war' on Murdoch - before losing his job!).

So just who colludes in tapping the phones of 'celebrities' to provide contemporary moral tales for the underemployed mind?

Sunday, January 2, 2011

Capital at the pinnacle

Tower Capital find a saviour in Dai-Ichi

Meanwhile, in Europe, bondholders(that is to say, the ultrarich) are executing a play to expropriate the pension funds of the people, with the collusion of central bankers, working from the periphery to the centre, from Greece to Ireland to Portugal, Spain, and then Italy, and England, France, and even Germany itself. If that succeeds, there remain even bigger fish to fry, up to the level of the US itself. Merchant banks give self-interested advice to all parties, without a whisper about conflicts of interests, and then take bets on inside information. Any person, corporation, or government who takes the advice of - and hence opens their books to - Goldman Sachs is in such a delusional state as to be approaching insanity.

All have believed their own propaganda and now are exposed to be picked off, one by one. A big player can effectively corrall the hysterical sheep of the market into supporting their short-selling schemes, and amplifying their profits, provided they choose their moment - a moment of crisis. A long period of boom underpinned by forced inflows of superannuation seduced the speculating public, and blinded them to the risk. Public policy(and not just in Ireland) contrived the property and asset bubble , which ate all the benefits of the historic return to low interest rates in the mid-90's, essentially imposing massive bank rents on economic activity, while growth continues. The so-called 'financial services industry', in an age of automated financial systems has ballooned to close to a fifth of the western economy.

And eventually, growth falters, bust follows. The contradictions between the member economies of the Euro zone has simply added arbitraging to the possibilities, making it easy, if you have the money, to squeeze one state treasury after another, eventually(of course), agreeing to buy their bond, but only at the price of beggaring their peoples(and having also agreed to defer all carbon mitigation to the post-2020 era, apart from creative accounting - see this page )

Hierarchy of misery

Vice-Admiral Matt Tripovich(of the military-industrial corps) is not as miserable as Air Marshal Houston, because he is not so senior. If he wants the top job, he must demonstrate a superior quality of utter unhappiness

Vice Presidential hunting party enjoys bipartisan support

US veep mime an extrajudicial murder? Who will deliver me from this turbulent geek? Nothing could be further from the truth. I was just saying how much I love hunting, with my buddies. Dick Cheney liked to do that, and so do I!