|
The
Slaughterhouse Informer
A
Compendiium of Various Official Lies, Business Scandals, Small
Murders, Frauds, and Other Gross Defects of Our Current Political,
Business and Religious Moral Lepers.
Presenting a new magazine that contains material that is not found
elsewhere and is very difficult to post on the Internet. The
‘Voice of the White House’ will appear in each issue containing
material not found on TBR News for very obvious reasons.This
publication will appear once a week, on Wednesday, every week, will
be ten pages in length and is available by subscription only. The
price is $5.00 a month and can be paid via PayPal or by check, sent
to ‘Morris Productions, 1350 E. New Yort St. Ste A2-190, Aurora,
Il 60504.’ If you don’t like it, and Bush supporters can read
the Drudge Report for free, you can cancel at any time.
The Voice of the White House
“Washington,
D.C., September 20, 2008: “Putin’s total humiliation of his
enemy, Georgian President Saakashvili, George Bush and the Israel
government and military, .in the brief but deadly war in Georgia
that was instigated by Saakashvili ,has caused a wave of fear in
Kiev. The Ukraine, an American satellite, knows that Putin has his
eye on their country and has proven that he can seize it at any
time, un-hindered by a useless NATO. Their diplomatic
representatives have been engaging in frantic and panic-stricken
phone calls, emails and personal visits to key Americans such as
Bush, Cheney, McCain (whose chief foreign affairs specialist is a
neo-con and a paid agent for Georgia) and members of the U.S.
military. The Ukraine is terrified that if Putin institutes some
kind of an Anschluss , NATO can, and will, do nothing to
counter it , and that Washington will quickly abandon them as they
did Georgia last month and today, there was news that the Crimean
parliament has asked Kiev to recognize Georgia’s breakaway
provinces . The Crimea, which is peopled with ethnic Russians, is
home to the Sebastopol naval base, used by Russia. Our people view
this area as the most likely flash point for future problems.
The United
States has very clearly abandoned one ally, Georgia, and is now
attacking a second, Pakistan. Georgia was intended to serve as an
American showcase for its brand of democracy, a democracy mirroring
the wishes of Washington, as well as acting for a probable base to
attack Iran, and Pakistan was to assist our military in attacking
the Afgahnistani Taliban. Now that our man, General Musharrif, has
fallen from power to be replaced with a weak and vacillating
government that is terrified of the Taliban and also strongly
anti-American, the Bush people, goaded by a frightened India, are
considering immediate military strikes, with U.S. Special
Forces, deep into the territory of their former ally in order to
secure Pakistan’s nuclear weaponry.
And a comment about the “rescue of the collapsing credit
market” by the Bush people: In essence, Secretary Paulson wants to
set up a Federal agency which will scoop up billions of dollars of
bad debt the greedy banks ‘suddenly’ found themselves stuck
with. This financial fraud will be dumped onto the American taxpayer
and is privately estimated to exceed 6 trillion dollars. The banks
involved, who were criminally responsible for this situation, get
off with a Pass Free card and can get their golden parachutes, or
the golden shower if they want it.And when the banking community
realized that this payoff might actually happen, they lined up in
groups of fifty with outstretched hands for their friends to press
money into. Also,
Paulson and McCain are going to insure all investors in U.S.
money-market funds which will cost our taxpayers many more hundreds
of millions. And as to the ‘fiscal fix,’ recall the words of
Patrick Henry. ‘Trust it not sir, it shall prove a snare and a
delusion.’
Smile, children, and swallow.”
A
Brief History of the Subprime Swindle
September
21, 2008
by
Brian Harring
On January 29, 2008, the following information was made public
in the old Wall Street Journal::
Federal
investigators at the FBI have opened a criminal investigation of 14
mortgage-related companies, focusing on alleged accounting fraud,
insider trading and securitization practices, the Wall Street
Journal reported Tuesday afternoon.
Even
bankrupt firms aren’t free from the scrutiny, with the Journal
quoting FBI economic crimes chief Neil Power as saying that
investigators were combing the books of failed mortgage lenders to
identify if evidence of wrongdoing exists — given that there
aren’t that many really, really large failed lenders, it’s
probably not too hard to guess which firms are included in that
group of 14. Even if the FBI isn’t naming names right now.
FBI
officials say the bureau has 1,200 mortgage fraud cases under
investigation and that they believe many more cases are in the
offing, based on the number of so-called suspicious activity reports
filed by banks. The number of SARs documented by the FBI has
rocketed from 35,000 in 2006, to 48,000 in 2007, and are projected
to reach 60,000 in 2008.
“We
have observed that subprime loans are decreasing, but the suspicious
activity reports we see…have noted that suspicions of mortgage
fraud are increasing,” said Sharon Ormsby, the financial crimes
section chief in the FBI’s criminal investigative division.
The
FBI’s investigation coincides with similar probes already underway
at the Securities and Exchange Commission, the Journal reported.
At this point in time, it is not
difficult to locate the causes of the subprime mortgage disaster
that threatens to effectively wreck the American banking and credit
entities. It all began with very poor underwriting policies that
just simply grew and were compounded. At every level of the
methodology by which a known risky home loan to unqualified
borrowers grew into an asset-based security which was elevated to a
‘collaaterized debt obligation’ and was then sold to
unsuspecting investors.
In theory, there is no problem with lending to borrowers from
the lower income groups and to those with much lower credit
scorings. But it is obvious that in making so-called “subprime
loans,” the lenders must strictly evaluate the borrower and set up
much higher standards for loan collateral.
But
the primary level lender did not follow any of these practical
standards but abandoned the normal lending standards in both
subprime and ‘Alt-A’ (located somewhere between prime and
subprime) levels of lending. As an added problem, many, if not most,
of these very risky loans were made to people with no job and no assets. The loans were made with very low initial
interest rates (which, by the obscure terms of the loan were certain
to be sharply raised after a set period of time) These were often
called ‘interest only” loans but these loans always increased
their payments and this was rarely understood
by the borrower.
It was reasoned that such inherently risky loans were easily
justified by the fact that the housing market in the United States
was booming and that if the borrower failed to repay the loan as
agreed and on time, the increased value of the house would cover the
loan, the accrued interest and penalties in the event of forclosure
The really dangerous problems arose when masses of these
highly speculative mortgages became transformed into securities (in
which the income and principal payments are passed, through a trust,
to investors) added problems. Whereas all pass-through,
mortgage-backed-securities (MBSs) issued by the U.S.
government–sponsored enterprises (GSEs)— Fannie Mae and Freddie
Mac—have common underwriting standards, the MBSs issued by the
major Wall Street firms had varying loan standards. This made the
costs of understanding disclosed information, and the premium on
maintaining confidence, much higher. Due diligence from investors
did not increase enough to compensate for this greater information
burden.
Instead,
investors increased their reliance on the assessments of credit
rating agencies. Although these agencies have a long and well-known
track record rating bonds, subprime residential MBSs and CDOs were
new and more complex. CDOs are structured credit securities backed
by pools of securities, loans, or credit derivatives whose cash
flows are divided into segments, called tranches, with different
repayment and return characteristics.
Because
subprime mortgages were a relatively new entity, there was limited
information on their past performance, a shortcoming that was
especially important when trying to determine how these
mortgages—individually and as a group—would perform during
economic stress. Optimism about how subprime mortgages would perform
led to more than 90 percent of securitized subprime loans being
turned into securities with the top rating of AAA
More problems occurred when the securities were distributed
and traded. The vulnerability of leveraged, or thinly capitalized,
investment positions and the illiquidity of many structured credit
markets were exposed when trading was disrupted in a host of other
markets. Mortgage originators, broker-dealers, hedge funds, and the
structured investment vehicles, which the
banks maintained off their balance sheets were highly
leveraged. The principal risk management strategy was to plan to
trade rapidly out of a loss-making position. But such a strategy,
which relies on markets remaining liquid, failed when markets
rapidly became illiquid.
Many major American and European banks have suffered, and are
still suffering, enormous losses which they are certain a very
friendly Bush administration will compensate them for. Added to
these losses, are absorbed assets from failed SIVs and hedge funds
onto their balance sheets, and which the banks have been forced to
honor loan commitments. As a result, they have had to ration capital
more strictly. With capital impaired and difficult, or very
expensive, to raise externally, banks have sought to reduce
voluntary loans and tighten the terms of the credit they already
extend—whether on home equity loans to consumers or on loans to
hedge funds. Commercial banks are naturally leveraged—holding
capital that is a small fraction of total assets—and so a
relatively small decline in capital can result in a much larger
decline in total lending. One estimate is that the $400 billion of
U.S. banking system losses from the current crisis would result in a
$2 trillion decline in total lending and a 1.2 percent reduction in
U.S. GDP
US
Financial Crisis
'The World
As We Know It Is Going Down'
September
18,2008
by
Marc Pitzke in New York
Spiegel
Panic
is the word of the hour on Wall Street. Now even Morgan Stanley is
fighting for survival. The commercial bank Wachovia and China's Bank
Citic are being discussed as possible rescuers. The crisis has led
President Bush to cancel a trip.
The
original plan actually called for humor. On Wednesday evening,
actress Christy Carlson Romano was supposed to ring the closing bell
on the floor of the New York Stock Exchange (NYSE) to mark her debut
in the Broadway musical "Avenue Q." She plays two roles on
stage -- a romantic kindergarten assistant, and a slutty nightclub
singer.
After
that day on the floor, the stock traders could have used a bit of
comic relief. But it was not to be. Instead of Christy Carlson
Romano, a NYSE employee in a joyless gray suit stood on the balcony
and silently pressed a button. The bell rang and he disappeared. No
waving, no clapping, none of the usual jubilation.
By
the end of Wednesday, no one here was in the mood for laughter. The
bad news on Wall Street was coming thick and fast. All the US
indexes were crashing again after Tuesday's brief and deceptive
breather. In its wild, rollercoaster ride, the Dow Jones lost about
450 points, which was almost as much as it lost on Monday, the most
catastrophic day on US markets since 2001.
Investors
were turning their back to the market in droves and fleeing to safer
pastures. The price of gold broke its record for the highest
increase in a one-day period.
Panic
Is the Word of the Hour
Traders
abandoned the NYSE temple visually defeated and immune to the TV
crews waiting. The disastrous closing prices were flickering on the
ticker above the NYSE entrance: American Express -8.4 percent;
Citigroup -10.9 percent; JPMorgan Chase -12.2 percent. American
icons, abused like stray dogs. Even Apple took a hit.
I
don't know what else to say," stammered one broker, who was
consoling himself with white wine and beer along with some
colleagues at an outdoor bar called Beckett's. Ties and jackets were
off, but despite the evening breeze, you could still make out the
thin film of sweat on his forehead. His words captured the
speechlessness of an industry.
Things
got worse after the markets closed. Washington Mutual, America's
fourth-largest bank, announced that it had started the process of
putting itself up for sale. The Wall Street Journal reported that
both Wells Fargo and the banking giant Citigroup were interested in
taking over the battered American savings bank.
And
then came the announcement that would dominate all of Thursday's
market activities: Morgan Stanley -- the venerable Wall Street
institution and one of the last two US investment banks left
standing -- had lost massive amounts and was fighting for survival.
Media reports were saying that it was even in talks about a possible
bail-out or merger. Rumor had it that possible suitors might include
Wachovia or China's Bank Citic.
China?
"Folks,"
economist Larry Kudlow, a host on the business channel CNBC begged
his viewers that evening, "don't give up on this great
country!"
End
of an Era
In
fact, it really does look as if the foundations of US capitalism
have shattered. Since 1864, American banking has been split into
commercial banks and investment banks. But now that's changing. Bear
Stearns, Lehman Brothers, Merrill Lynch -- overnight, some of the
biggest names on Wall Street have disappeared into thin air. Goldman
Sachs and Morgan Stanley are the only giants left standing. Despite
tolerable quarterly results, even they have been hurt by mysterious
slumps in prices and -- at least in Morgan Stanley's case -- have
prepared themselves for the end.
"Nothing
will be like it was before," said James Allroy, a broker who
was brooding over his chai latte at a Starbucks on Wall Street.
"The world as we know it is going down."
Many
are drawing comparisons with the Great Depression, the national
trauma that has been the benchmark for everything since. "I
think it has the chance to be the worst period of time since
1929," financing legend Donald Trump told CNN. And the Wall
Street Journal seconds that opinion, giving one story the title:
"Worst Crisis Since '30s, With No End Yet in Sight."
But
what's really happening? Experts have so far been unable to agree on
any conclusions. Is this the beginning of the end? Or is it just a
painful, but normal cycle correcting the excesses of recent years?
Does responsibility lie with the ratings agencies, which have been
overvaluing financial institutions for a long time? Or did dubious
short sellers manipulate stock prices -- after all, they were
suspected of having caused the last stock market crisis in July.
The
only thing that is certain is that the era of the unbridled
free-market economy in the US has passed -- at least for now. The
near nationalization of AIG, America's largest insurance company,
with an $85 billion cash infusion -- a bill footed by taxpayers --
was a staggering move. The sum is three times as high as the
guarantee provided by the Federal Reserve when Bear Stearns was sold
to JPMorgan Chase in March.
The
most breathtaking aspect about this week's crisis, though, is that
the life raft -- which Washington had only previously used to bail
out the mortgage giants Fannie Mae and Freddie Mac -- is being
handed out by a government whose party usually fights against any
form of government intervention. The policy is anchored in its party
platform.
"I
fear the government has passed the point of no return,"
financial historian Ron Chernow told the New York Times.
"We have the irony of a free-market administration doing things
that the most liberal Democratic administration would never have
been doing in its wildest dreams."
Bush
Cancels Trip
The
situation appears to be so serious that George W. Bush cancelled two
domestic trips he had planned for Thursday on short notice. Instead,
the president will remain in Washington to discuss the "serious
challenges confronting US financial markets." He said the
president remained focused on "taking action to stabilize and
strengthen the markets." Bush had originally planned to travel
to events in Florida and Alabama.
So
far, the US presidential candidates have made few helpful remarks
about the crisis other than the usual slogans. Both are vaguely
calling for "regulation" and "reform" -- bland
catchphrases almost universally welcomed with applause.
Republican
Party presidential candidate John McCain had the most to say. On
Monday, he said "the foundation of our economy" was
"strong," adding that he opposed a government-led bailout
of US insurer AIG. But now he's promising further government steps
"to prevent the kind of wild speculation that can put our
markets at risk." McCain's explanation for the current crisis:
"unbridled corruption and greed."
But
Democratic presidential hopeful Barack Obama didn't move past
superficialities, either. "We're Americans. We've met tough
challenges before and we can again."
What
else are they supposed to say? After all, US presidents have very
little influence on stockmarkets. And Wall Street is expecting the
status quo for the next president. On Wednesday an almost palpable
mix of tension and melancholy filled the air above New York's
Financial District. The beloved trader bar Bull Run was half empty,
and many tables were free at fine-dining establishments like
Cipriani, Mangia and Bobby Van's, which are normally booked days in
advance.
At
the side entrance to Goldman Sachs on Pearl Street, limo chauffeurs
sat waiting for their customers, still above in their office towers
cowering over the accounts. "If they go under," said
Rashid Amal, who works as a chauffeur for a firm called Excelsior,
"then I will soon be out of a job, too."
Your
Money at Work, Fixing Others’ Mistakes
September 21, 2008
by
Gretchen Morgenson
New York Times
It
looks as if we may get through this weekend without another scramble
to save a troubled financial firm with a trillion-dollar balance
sheet.
But
that doesn’t mean taxpayers are out of danger. No, sir. No,
ma’am. Because lawmakers are at work on a bailout fund that would
buy the kind of distressed assets (defaulted mortgages, for example)
that have ignited this firestorm.
Treasury
Secretary Henry
M. Paulson Jr. has called the fund the “troubled asset
relief program.” I’ll just call it TARP for short (you know, the
kind of thing they spread over muddy fields so you don’t soil your
Guccis).
And
depending on how TARP is operated, and how the assets are valued
before taxpayers are forced to buy them, it could bloat our final
bill for this mess while benefiting the very institutions that got
us into it.
Yes,
we need a smart plan and a concerted effort to get the frozen credit
markets up and running. But we also have to be certain that the
types of conflicts of interest that riddle Wall Street aren’t
visited upon TARP.
Consider:
A bank wants to sell the TARPistas (also known as TAXPAYERS) a pile
of stinky mortgage securities that it currently values at 60 cents
on the dollar. Let’s assume that the most recent actual trade
between market participants for similar assets was struck at 30
cents on the dollar.
So
what’s a fair price that we TARPistas should pay for the assets?
If
we bought at 60 cents, a price that the bank would argue is
appropriate, we would most likely face a loss. The bank, however,
would be much better off than if it had to dump at 30 cents.
Conversely,
if the assets were sold at 30 cents, taxpayers could wind up making
a profit on the purchase if the assets performed better than
expected over time. But the bank would have to write down the value
of the assets as a result of the sale, possibly threatening its
financial standing yet again.
Do
you think, perchance, that financial services lobbyists might be
working their Hill contacts right this very minute to ensure that
the TARP valuations are rigged in their favor?
You
know the answer to that.
And
you also know that we should steel ourselves for heavy losses as the
TARP gets pulled over our eyes. Never mind that it was the banks,
with their reckless lending and monumental leverage, that drove us
into this ditch.
Such
is our lot today: They break it. We own it.
Taxpayers
deserve better than this, of course. But we have no lobbyists, so we
get skinned.
If
federal regulators and political leaders want to earn back some
trust, they could do two things. First, they could provide us with
some transparency about whom precisely we are backing in the recent
bailouts.
Take,
for example, the rescue on Tuesday of the American
International Group, once the world’s largest insurance
company. It was pretty breathtaking. Since when do insurance
companies, whose business models seem to consist of taking in
premiums and stonewalling claims, deserve rescues from beleaguered
taxpayers?
Answer:
Ever since the world became so intertwined that the failure of one
company can topple a host of others. And ever since credit
default swaps, those unregulated derivative contracts
that allow investors to bet on a debt issuer’s financial
prospects, loomed so big on balance sheets that they now drive every
bailout decision.
The
deal to save A.I.G. involves a two-year, $85 billion loan from
taxpayers. In exchange, the new owners — us — get 80 percent of
the company. If enough of A.I.G.’s assets are sold for good
prices, we may get our money back.
Credit
default swaps, which operate like insurance policies against the
possibility that an issuer of debt will not pay on its obligations,
were the single biggest motivator behind the A.I.G. deal.
A.I.G.
had written $441 billion in credit insurance on mortgage-related
securities whose values have declined; if A.I.G. were to fail, all
the institutions that bought the insurance would have been subject
to enormous losses. The ripple effect could have turned into a
tsunami.
So,
the $85 billion loan to A.I.G. was really a bailout of the
company’s counterparties or trading partners.
Now,
inquiring minds want to know, whom did we rescue? Which large,
wealthy financial institutions — counterparties to A.I.G.’s
derivatives contracts — benefited from the taxpayers’ $85
billion loan? Were their representatives involved in the talks that
resulted in the last-minute loan?
And
did Lehman Brothers not get bailed out because those favored
institutions were not on the hook if it failed?
We’ll
probably never know the answers to these troubling questions. But by
keeping taxpayers in the dark, regulators continue to earn our
mistrust. As long as we are not told whom we have bailed out, we
will be justified in suspecting that a favored few are making gains
on our dimes.
A.I.G.’s
financial statements provided a clue to the identities of some of
its credit default swap counterparties. The company said that almost
three-quarters of the $441 billion it had written on soured mortgage
securities was bought by European banks. The banks bought the
insurance to reduce the amounts of capital they were required by
regulators to set aside to cover future losses.
Enjoy
the absurdity: Billions in unregulated derivatives that were about
to take down the insurance company that sold them were bought by
banks to get around their regulatory capital requirements intended
to rein in risk.
Got
that?
Which
brings us to Item 2 for policy makers. Stop pretending that the $62
trillion market for credit default swaps does not need regulatory
oversight. Warren
E. Buffett was not engaging in hyperbole when he called
these things financial weapons of mass destruction.
“The
last eight years have been about permitting derivatives to explode,
knowing they were unregulated,” said Eric
R. Dinallo, New York’s superintendent of insurance.
“It’s about what the government chose not to regulate, measured
in dollars. And that is what shook the world.”
And
it will continue.
SECRECY
NEWS
from
the FAS Project on Government Secrecy
Volume 2008, Issue No. 92
September
22, 2008
IDEOLOGICAL
CONFLICT PUTS AL QAEDA ON THE DEFENSIVE
Al
Qaeda is "imploding," a State Department counterterrorism
official told the Associated Press last week, as a result of growing
opposition in the Muslim world.
The
implication that al Qaeda's demise may be imminent is almost
certainly incorrect. But what is true is that "a severe
intellectual conflict has emerged" within the jihadist
movement, said Kamal Habib, a former official of the Egyptian Jihad
Organization (Al Arab, September 14).
Over the past year, al Qaeda has been publicly criticized by
several of its own former supporters and ideological leaders, most
notably Sayyid Imam Al-Sharif, also known as Dr. Fadl, who once
saved the life of Usama
bin Laden.
"Sayyid Imam is viewed as the greatest and most
important authority for all of the jihadist salafist groups,"
said Kamal Habib.
So
when Sayyid Imam declared in a November 2007 book that killing
non-combatant civilians, including Christians and Jews, is
prohibited and that Al Qaeda's conduct of jihad against the west was
illegitimate, itproduced an ideological earthquake within Islamist
ranks.
"Fadl's
arguments undermined the entire intellectual framework of jihadist
warfare," wrote Lawrence Wright in an illuminating article in
The New Yorker (June 2, 2008).
http://www.newyorker.com/reporting/2008/06/02/080602fa_fact_wright
"Al
Qaeda senior leaders in 2008 have devoted nearly half their airtime
to defending the group's legitimacy," observed National
Intelligence Officer Ted Gistaro in an August 12 speech. "This
defensive tone ... reflects concern over allegations by militant
leaders and religious scholars that al Qaeda and its affiliates have
violated the Islamic laws of war, particularly in Iraq and North
Africa."
One
of the major al Qaeda responses came in a book by bin Laden deputy
Ayman al Zawahiri called "The Exoneration." The book is an
attempt to defend the legitimacy of al Qaeda's tactics, including
the killing of civilians, against the critiques of Sayyid Imam and
other Islamic figures.
"Those
who claim that killing innocent persons is absolutely forbidden are
in a position of accusing the prophet, may God's peace and prayers
be upon him, his companions, and the generation following them that
they were killers of innocent persons, as they see it," wrote
Zawahiri.
He
noted that the prophet authorized the use of catapults, which do not
discriminate between innocent and guilty, and he also killed all the
males of a Jewish tribe "and made no distinction between one
person and another."
"The
Exoneration," which was published in January 2008, was
translated a few months later by the DNI Open Source Center. The
translation has not been approved for public release, but a copy was
obtained by Secrecy News. http://www.fas.org/irp/dni/osc/exoneration.pdf
"Zawahiri's
strategic thinking and understanding of asymmetrical warfare and
revolutionary violence is heavily indebted to vanguardism, a
Leninist theory of revolution which posits that a small,
revolutionary elite uses violence to rouse the people to fight
against the government," according
to a contractor analysis performed for the Department of Defense and
obtained by Secrecy News.
"The
potential problem with Zawahiri's application of the theory of
vanguardism... is that terrorism usually diminishes the support of
both the government as well as the terrorist organization," as
appears to be the case today.
See "Zawahiri Tries to Clear Name, Explain
Strategy," Transnational Security Issues Report, prepared for
the Department of Defense by the International Research Center,
April 21, 2008:
http://www.fas.org/irp/eprint/zawahiri.pdf
"Is
Al Qaeda going to dissipate as a result of the criticism from its
former mentors and allies? Despite the recent internal criticism,
probably not in the short term," said analyst Peter Bergen at a
July 30
congressional hearing.
"However,
encoded in the DNA of apocalyptic jihadist groups like Al Qaeda are
the seeds of their own long-term destruction: Their victims are
often Muslim civilians; they don't offer a positive vision of the
future; they keep expanding their list of enemies, including any
Muslim who doesn't precisely share their world view; and they seem
incapable of becoming politically successful movements because their
ideology prevents them from making the real-world compromises that
would allow them to engage in
genuine politics," Mr. Bergen said.
BOOK: THE SECRET WAR WITH IRAN
In
1997, acting on intelligence that a Hizballah cell was preparing to
blow up the American embassy in Asuncion, Paraguay, a U.S. special
forces team reportedly flew to the scene in several giant transport
planes where it arrested the conspirators and prevented the attack.
If
that episode happened as described (and it cannot readily be
confirmed), it left no traces on the public record. It "is only
one of many hidden battles" between Iran and the West, writes
Israeli journalist
Ronen Bergman in his new book "The Secret War with Iran"
(Free Press, 2008) http://www.thesecretwarwithiran.com/
The book, translated from the Hebrew and based on extensive
interviews with Israeli intelligence officials and others, provides
a wealth of insights, unfamiliar anecdotes, and telling observations
regarding the three-decade-old confrontation with Iran. A few random
examples:
Hizballah, acting as a proxy for Iran, temporarily refrained
from taking American hostages between June 1985 and September 1986
in support of the arms sales deal between the U.S. and Iran that
later became known as the Iran-contra affair.
Israel itself helped arm revolutionary Iran in an operation
codenamed "Seashell" and described in the book. Earlier,
Israel had also supplied advanced weaponry to the Shah, and "if
Khomeini had not taken power as early as he did, he might have taken
over a country [equipped] with long-range missiles capable of
carrying nuclear warheads... as well as a jet fighter that was
supposed to be the best in the world."
Out of a list of some 500 opposition figures targeted by
Khomeini, nearly 200 of them were killed by Iranian assassins in
Europe between 1980 and 1997.
Writing from an Israeli perspective, Mr. Bergman does not
delve deeply into Iranian grievances or aspirations. But neither
does he flatter the competence, judgment or morality of Israeli
intelligence and military officials.
Categorized as "political science," the book is
more of a work of intelligence history, with numerous strange tales
of intelligence deeds and misdeeds, like the Israeli intelligence
officer who was arrested for murdering his agent, and the Lebanese
source who provided perfect warning of an impending attack only to
be ignored in a turf battle between Israeli security agencies. The
CIA is credited with "brilliantly" dismantling the Abu
Nidal Organization, "sewing discord among its members by
getting them
to believe that they were being robbed by other operatives."
Mr. Bergman, an investigative journalist who writes for
Israel's Yediot Aharonot, earned his doctorate under historian
Christopher Andrew at Cambridge University. His dissertation
explored Israeli intelligence operations in Africa.
Conversations
with the Crow: Part 33
Editor’s
note: When we ran the first conversation
in this series, there was the question of reader interest and
acceptability. It is pleasant to report that our server was jammed
with viewers and the only other tbrnews story that has had more
viewers was our Forward Base Falcon story that had a half a million
viewers in less that two days. We are now going to reprint all
of the Crowley conversations, including a very interesting
one on John McCain, in
chronological sequence. It is also pleasant to note that two
publishers and three reporters have all expressed concrete interest
in the Crowley conversations. It is even more pleasurable to note
that a number of people inside the Beltway and in McLean, Virginia,
have been screaming with rage!
On October 8th, 2000, Robert Trumbull Crowley, once a leader
of the CIA's Clandestine Operations Division, died in a Washington
hospital of heart failure and the end effects of Alzheimer's
Disease. Before the late Assistant Director Crowley was cold, Joseph
Trento, a writer of light-weight books on the CIA, descended on
Crowley's widow at her town house on Cathedral Hill Drive in
Washington and hauled away over fifty boxes of Crowley's CIA files.
Once Trento had his new find secure in his house in Front
Royal , Virginia, he called a well-known Washington fix lawyer with
the news of his success in securing what the CIA had always
considered to be a potential major embarrassment. Three months
before, July 20th of that year, retired Marine Corps colonel William
R. Corson, and an associate of Crowley, died of emphysema and lung
cancer at a hospital in Bethesda, Md.
After Corson's death, Trento and a well-known Washington
fix-lawyer went to Corson's bank, got into his safe deposit box and
removed a manuscript entitled 'Zipper.' This manuscript, which dealt
with Crowley's involvement in the assassination of President John F.
Kennedy, vanished into a CIA burn-bag and the matter was considered
to be closed forever.
The small group
of CIA officials gathered at Trento's house to search through the
Crowley papers, looking for documents that must not become public. A
few were found but, to their consternation, a significant number of
files Crowley was known to have had in his possession had simply
vanished.
When published material concerning the CIA's actions against
Kennedy became public in 2002, it was discovered to the CIA's
horror, that the missing documents had been sent by an increasingly
erratic Crowley to another person and these missing papers included
devastating material on the CIA's activities in South East Asia to
include drug running, money laundering and the maintenance of the
notorious 'Regional Interrogation Centers' in Viet Nam and, worse
still, the Zipper files proving the CIA’s active organization of
the assassination of President John Kennedy..
A massive, preemptive disinformation campaign was readied,
using government-friendly bloggers, CIA-paid "historians"
and others, in the event that anything from this file ever surfaced.
The best-laid plans often go astray and in this case, one of the
compliant historians, a former government librarian who fancied
himself a serious writer, began to tell his friends about the CIA
plan to kill Kennedy and eventually, word of this began to leak out
into the outside world.
The originals had vanished and an extensive search was
conducted by the FBI and CIA operatives but without success.
Crowley's survivors, his aged wife and son, were interviewed
extensively by the FBI and instructed to minimize any discussion of
highly damaging CIA files that Crowley had, illegally,
removed from Langley when he retired. Crowley had been a close
friend of James Jesus Angleton, the CIA’s notorious head of
Counterintelligence. When Angleton was sacked by
DCI William Colby in December of 1974, Crowley and Angleton
conspired to secretly
remove Angleton’s most sensitive secret files our of the agency.
Crowley did the same thing right
before his own retirement , secretly removing thousands of pages
of classified information that covered his entire agency
career.
Known as “The Crow” within the agency, Robert T. Crowley
joined the CIA at its inception and spent his entire career in the
Directorate of Plans, also know as the “Department of Dirty
Tricks,”: Crowley was one of the tallest man ever to work at the
CIA. Born in 1924 and raised in Chicago, Crowley grew to six and a
half feet when he entered the U.S. Military Academy at West Point in
N.Y. as a cadet in 1943 in the class of 1946. He never graduated,
having enlisted in the Army, serving in the Pacific during World War
II. He retired from the Army Reserve in 1986 as a lieutenant
colonel. According to a book he authored with his friend and
colleague, William Corson, Crowley’s career included service in
military intelligence and Naval Intelligence, before joining the CIA
at inception in 1947. His entire career at the agency was spent
within the Directorate of Plans in covert operations. Before his
retirement, Bob Crowley became assistant deputy director for
operations, the second-in-command in the Clandestine Directorate of
Operations.
One of Crowley’s first major assignments within the agency
was to assist in the recruitment and management of prominent World
War II Nazis, especially those with advanced intelligence
experience. One of the CIA’s major recruitment coups was Heinrich
Mueller, once head of Hitler’s Gestapo who had fled to Switzerland
after the collapse of the Third Reich and worked as an
anti-Communist expert for Masson of Swiss counterintelligence.
Mueller was initially hired by Colonel James Critchfield of the CIA,
who was running the Gehlen Organization out of Pullach in
southern Germany. Crowley eventually came to despise Critchfield but
the colonel was totally unaware of this, to his later dismay.
Crowley’s real expertise within the agency was the Soviet
KGB. One of his main jobs throughout his career was acting as the
agency liaison with corporations like ITT, which the CIA often used
as fronts for moving large amounts of cash off their books. He was
deeply involved in the efforts by the U.S. to overthrow the
democratically elected government of Salvador Allende in Chile,
which eventually got him into legal problems with regard to
investigations of the U.S. government’s grand jury where he has
perjured himself in an agency cover-up
After
his retirement, Crowley began to search for someone who might be
able to write a competent history of his career. His first choice
fell on British author John Costello (author of Ten Days to
Destiny, The Pacific War and other works) but, discovering that
Costello was a very aggressive homosexual, he dropped him and
tentatively turned to Joseph Trento who had assisted Crowley and
William Corson in writing a book on the KGB. When Crowley discovered
that Trento had an ambiguous and probably cooperative relationship
with the CIA, he began to distrust him and continued his search for
an author.
Bob
Crowley first contacted Gregory Douglas
in 1993 when he
found out from John Costello that Douglas was about to publish his
first book on Heinrich Mueller, the former head of the Gestapo who
had become a secret, long-time asset to the CIA. Crowley contacted
Douglas and they began a series of long and often very informative
telephone conversations that lasted for four years. . In 1996,
Crowley , Crowley told Douglas
that he believed him to be the person that should ultimately
tell Crowley’s story but only after Crowley’s death. Douglas,
for his part, became so entranced with some of the material that
Crowley began to share with him that he secretly began to record
their conversations, later transcribing them word for word, planning
to incorporate some, or all, of the material in later publications.
In
1998, when Crowley was slated to go into the hospital for
exploratory surgery, he
had his son, Greg, ship two large foot lockers of documents to
Douglas with the caveat that they were not to be opened until after
Crowley’s death. These documents, totaled
an astonishing 15,000 pages of CIA classified files involving
many covert operations, both foreign and domestic, during the Cold
War.
After
Crowley’s death and Trento’s raid on the Crowley files, huge
gaps were subsequently discovered by horrified CIA officials and
when Crowley’s friends mentioned Gregory Douglas, it was
discovered that Crowley’s son had shipped two large boxes to
Douglas. No one knew their contents but because Douglas was viewed
as an uncontrollable loose cannon who had done considerable damage
to the CIA’s reputation by his on-going publication of the history
of Gestapo-Mueller, they bent every effort both to identify the
missing files and make some effort to retrieve them before Douglas
made any use of them.
All of this furor eventually came to the attention of Dr.
Peter Janney, a Massachusetts clinical psychologist and son of
Wistar Janney, another career senior CIA official, colleague of not
only Bob Crowley but Cord Meyer, Richard Helms, Jim Angleton and
others. Janney was working on a book concerning the murder of Mary
Pinchot Meyer, former wife of Cord Meyer, a high-level CIA official,
and later the mistress of President John F. Kennedy.
Douglas had authored a book, ‘Regicide’ which
dealt with Crowley’s part in the Kennedy assassination and he
obviously had access to at least some of Crowley’s papers. Janney
was very well connected inside the CIA’s higher levels and when he
discovered that Douglas had indeed known, and had often spoken with,
Crowley and that after Crowley’s death, the FBI had descended on
Crowley’s widow and son, warning them to never speak with Douglas
about anything, he contacted Douglas and finally obtained from him a
number of original documents, including the originals of the
transcribed conversations with Robert Crowley.
In spite of the burn bags, the top secret safes and the
vigilance of the CIA to keep its own secrets, the truth has an
embarrassing and often very fatal habit of emerging, albeit decades
later.
While CIA drug running , money-launderings and brutal
assassinations are very often strongly rumored and suspected, it has
so far not been possible to actually pin them down but it is more
than possible that the publication of the transcribed and detailed
Crowley-Douglas conversations will do a great deal towards
accomplishing this.
These
many transcribed conversations are relatively short because Crowley
was a man who tired easily but they make excellent reading. There is
an interesting admixture of shocking revelations on the part of the
retired CIA official and often rampant anti-social (and very
entertaining) activities on the part of Douglas but readers of this
new and on-going series are gently reminded to always look for the
truth in the jest!
Date:
Thursday, January 9, 1997
Commenced:
9:47 AM CST
Concluded:10:28
AM CST
RTC:
Ah, good morning, Gregory. Did you talk to Bill yesterday?
GD:
Yes, he actually called me. He was discussing Kronthal with me
mostly but I think he was on a fishing trip. Was asking me about the
new Mueller book…what was in it and such like.
RTC:
Did you tell him anything?
GD:
No, not in specific. I find him entertaining and sometimes truthful
but I don’t trust him. And I don’t trust Kimmel, either.
RTC:
Probably a good idea. I rarely hear from Kimmel these days.
GD:
I wonder why?
RTC: I think you’re the reason. Bill was cautioning me against
talking too much to you because it might hurt my reputation.
GD:
I think it must be the fact that I’m a practicing vampire. You
know, Robert, it’ll be tough sledding this winter.
RTC:
Why is that?
GD:
No snow.
RTC:
I walked right into that one, didn’t I? Has anyone discussed the
Kennedy business with you?
GD:
Corson did, once. Said he had the real story in his safe deposit box
and Plato or Aristotle would get it when he was called to Jesus.
RTC:
Plato. That’s the fix lawyer around here. Little favors for this
person or that one, little jobs for the Company and so on.
GD:
They probably deserve each other.
RTC:
Probably. And how is the Mueller book doing?
GD:
Well enough. I’m starting to block out the Kennedy book and yes, I
know not to talk about it…
RTC:
Or even write something up about it. If Tom thought you were into
this, he’d have his boys do a black bag job on you and get into
your hard drive.
GD:
I could put a bomb in it… When they turned it on, somebody would
be carrying a white cane and being nice to his German Shepherd guide
dog.
RTC:
Now, now, Gregory, not to make jokes about things like that.
GD:
If people don’t want me to punt them in their fat ass, they
shouldn’t bend over. On the other hand, it might be an invite for
something more romantic.
RTC:
I can see you’re in a good mood today.
GD:
Foul mouthed as ever.
RTC:
Sometimes but always entertaining.
GD:
I know Kimmel doesn’t find me entertaining. I make fun of the
establishment and he is so obviously a dedicated and vocal part of
it.
RTC:
Everyone has to have something to cling to.
GD:
What a waste of time. People are so predictable and so pathetic. You
know, Robert, it’s like visiting your ant farm every morning and
watching the ants leading their programmed lives.
RTC:
Isn’t that a bit arrogant, Gregory?
GD: It’s not that I’m so smart, Robert, although I am, but
it’s because so many are so stupid. Anyway, enough weltschmertz.
RTC:
Pardon?
GD:
Pain with the world. Burned out. Bored. Frustrated.
RTC:
I see. When you get to my age, that’s the whole thing.
GD:
Well, if youth knew and age could, Robert. I think that’s from
Mary Baker Eddy, the woman who invented aspirin. You know, God is
Love, there is no pain. They ought to put that up in the terminal
cancer wards. It would be such a comfort. I understand Mary was
buried with a telephone in her coffin. High hopes and
impossibilities sums it up and have an aspirin.
RTC:
That’s Christian Science, isn’t it? You heard about the
Christian Scientist? He had a very bad cold and pretty soon, the
cold was gone and so was the Christian Scientist.
GD:
That’s how it goes, I guess. Now let me get serious about this
Zipper business. If you want me to do a treatment on this that will
be to your benefit, I need to get from you, on the phone is fine,
some kind of a rationale for what happened. I mean, that’s what
you want, isn’t it? To let those who come after you fully
understand the reasons for your actions.
RTC:
Yes, that’s it exactly. If that ever got out, though by now, it
probably won’t, I don’t want my son and my grandchildren
thinking I was just a common or garden variety assassin. They should
know the reasons for why we acted as we did.
GD:
Fine. Go ahead.
RTC:
You must understand that we took our duties very seriously. Angleton
was a first class counter intelligence man and very dedicated. And
he discovers that the most important intelligence reports, the
President’s daily briefings from the CIA, are ending up in Moscow.
Within a week of them being given to the President. A week.
And this was not a one-time incident but had been going on for some
time. We then tried to find out how this was happening. A major
intelligence disaster, Gregory, major. Now there were several copies
of this report disseminated, never mind to whom, so in each one, a
little spice was put in. An identifier as you will. Nothing that
changed the thrust of the report but a little bit of spice as Jim
used to say. Jim’s contact in Moscow was a diplomat, never mind
which country because we don’t need to make trouble for him. So
from him, we got copies of what Nikita was getting. So can you
imagine how stunned we all were to learn that it was the
President’s copy that was being leaked? My God. So we couldn’t
just walk up to him and ask him how come Khrushchev was reading his
briefings a week after we gave them to him. Jim couldn’t find a
way how this was done but then we had a report that Bobby, his
brother, was known to be friendly with a prominent KGB fellow,
Bolshakov. No question of who he was. The TASS man here. Top level.
Bobby was known to have had at least one meeting with him. Hoover
was having Bobby watched day and night because Hoover hated him and
wanted to catch him doing something bad so he could leak it to the
Post and get him sacked. Anyway, they found out that Bobby was
talking to the Commie on the phone from his home so we, and Hoover,
tapped his phone. Hoover didn’t know we were doing it too but
that’s Washington politics for you. And we heard, for sure, that
Bobby was sending thermofax copies of this report to him. I mean,
there was no question. And, we learned too that Kennedy was keeping
in direct contact with Khrushchev by Bobby and the Russian. I mean
they were subverting the entire diplomatic system and God alone
knows what Kennedy was talking about. We had to make sure of this,
and really sure. It was explosive, believe me. Jim and a few of us
sat down, listened to tapes and agent reports and tried to decide
what to do. I mean, Gregory, here we had our President giving,
actually giving, the most secret documents to our worst enemy, a man
who swore in public he would destroy us. So, what to do? Make it
public? Who would dare to do this? Of course we had strong media
contacts but we all decided this was just too mindboggling and
negative to let outside that room. And that is where the decision
was made to simply get rid of Kennedy. He was too independent, he
had sacked Dulles and Bissel over the Cuban thing and threatened to
Mansfield to break the Agency up. And here he was giving our worse
enemy top secret inside information. I mean it really wasn’t open
to discussion. You can see this all, can’t you?
GD:
I can see your point of view very clearly.
RTC:
What would you have done?
GD:
I’m not an important person like those people so what difference
does my opinion make in all this? I’m just trying to find the
rationale.
RTC:
Well, do you have it?
GD:
Yes, very clearly.
RTC:
Well, the rest was lining up the players. Jim did his part, McCone
did his part and he talked to Hoover to get his cooperation. We
never went directly to him but we used Bill Sullivan, his right hand
trouble-shooter. That’s how it was done. Hoover hated the Kennedys;,
especially Bobby and we had to have him on our side because it was
his people that would investigate any killing that had to be done.
It took about a week of back and forth but finally it was agreed on.
Johnson was no problem. He was a real rat; a wheeler-dealer whom you
couldn’t trust to the corner for a pound of soft soap. The Kennedy
bunch were treating him like shit and planned to dump him as VP so
of course he went for the wink and the nod. Fortas was his bagman,
just like Sullivan was Hoover’s. These are people who know the
value of silence from long experience. And it went on from there. I
have a phone conference record which I will dig out, when the time
comes, and send to you. At this point are you clear on the
motivations? I mean this was not just some spur of the moment thing,
Gregory. We felt it had to be done to stop what we could only call
high treason. Hoover and Johnson both went along on those grounds. A
matter of treason. And it had to be stopped. I don’t see this as
heroic but a vital necessity. For the country.
GD:
I remember reading somewhere that treason doth never prosper for if
it prospers, none dare call it treason.
RTC:
Something like that.
GD:
Very like.
RTC:
But if you look at it carefully, and I hope you will, Gregory, you
will see that Kennedy was committing the treason, not us. It was he
and his vile brother who were passing our most sensitive and secret
documents to our enemies. What were we to do? Confront him? We’d
all be fired, or worse. What choice was there? Tell me that.
GD:
From that point of view, none.
RTC:
We are making progress. One thing…Jim was thinking about blowing
up Kennedy’s yacht while and was sailing around off Cape Cod but
since there certainly would be children on board, I put a stop to
that. Kennedy is one thing but not the children.
GD:
And the wife? Our American saint.
RTC:
Oh that one. Don’t be fooled, Gregory. Jackie claims descent from
French nobility but in fact, her French ancestor wasn’t a nobleman
but an immigrant cabinetmaker. And crap about her being related to
Robert E. Lee is more crap. That part of her family were lace
curtain micks from the old sod. The woman is a fraud. She married
Kennedy for his father’s money, that’s all. Wonderful
backgrounds here, Gregory. Old Joe was as crooked as they come. He
was an associate of Al Capone, a bootlegger, and worse, and in 1960,
he and the mob rigged the election so Jack could get in. Yes, I know
all about that. They did their work in Chicago with the Daley
machine and the local mob. That’s right, vote early and vote
often. They even voted the cemeteries. I never really liked Nixon
but they connived and stole the election from him slicker than snot
off a glass-handled door knob.
GD:
Ain’t it nice living in a democracy? So Kennedy wasn’t a saint
by any stretch.
RTC:We
can overlook all the women and the wild drug and sex orgies in the
White House but, Gregory, passing our top secrets to the enemy was
too damned much. I would like you to show that very clearly if and
when you get into this.
GD:
Well, from a pragmatic view, Robert, it is the very best and
clearest reason for the killing. A question here.
RTC:
Certainly.
GD:
A plot. Good but then how do you keep it quiet? Someone might talk.
RTC:
Remove them, Gregory.
GD:
But what about those who remove those who know too much? Then they
know too much.
RTC:
Oswald knew a little too much, just a little but enough. And he
could prove he never shot Kennedy. So he had to go before he started
to talk. Oswald knew some of our people and he worked directly for
ONI so there were dangers there. On the other hand, the man who shot
King, Ray, knew nothing so he got to live and end up in jail until
he died. He knew there was something wrong but, and this is
important to note Gregory, he had no proof.
GD:
You did King?
RTC:
No Hoover did King. He hated him with a visceral passion. Hoover was
a nut, Gregory, but a very powerful and very dangerous nut. There is
a long-standing rumor here that Hoover had passed the color line and
that he was part black. Hoover was a homosexual and there we have
two reasons to hate yourself. King was black and he was a womanizer.
And Bobby was AG and loathed Hoover. He used to go into Hoover’s
office while he was taking his after-lunch nap and wake him up. And
he laughed at him and called him a faggot behind his back. Not to do
that to Hoover. He stayed in absolute power because he had enough
real dirt on Congress to put most of them away in the cooler or the
loonie bin. No, Bobby signed his death warrant when he did those
things. No, Hoover did King and Hoover did Bobby. Not himself but he
got Bill Sullivan to do it. Sullivan was his hatchet man and we
worked directly with Bill. But then Bill got old and was starting to
babble like old people do and he was hinting about Hoover, who had
sacked him after he had used him. No, that doesn’t make it so some
kid shot Bill right through the head. He thought he was a deer. My,
my.
GD:
And Bobby?
RTC:
That was Hoover too. It was an agreement. We did John and Edgar did
the others. We had one of our men there when they did Bobby, just to
observe. We got George the Greek to keep an eye open. They got one
of Kennedy’s people to steer him into the kitchen after a speech
and the raghead was waiting. One of the Kennedy bodyguards did him
from behind while all the shooting and screaming was going on. Much
better than John. They had a real shooter in front of real people.
None of the questions like we had in Dallas. No loose ends so to
speak. And King was another clean job. Sullivan was very good.
GD:
And that’s why he turned into a deer.
RTC:
Yes, he turned into a very dead deer.
GD:
And you got Cord’s wife on top of it.
RTC:
Jim said she was hanging around with hippies and arty-farty people
and running her mouth.
GD:
Did she know anything?
RTC: No, but she was well-connected and some people might believe
her. She’d been humping Kennedy and they apparently really go
along with each other. She was a lot more of a woman than Jackie and
she never nagged Jack or acted so superior like Jackie loved to do.
Her brother in law worked for us and we all agonized over this but
in the end, Jim had his way. Of course Cord thought it was
peachy-keen. He hated her but then Cord hated everybody. The vicious
Cyclops!
GD:
One eye.
RTC:
Yes. Oh, and like Jim, he too was a profound poet. God, spare me
from the poets of the world. You don’t write poetry, do you,
Gregory.
GD:
No, but really filthy limericks, Robert. Would you like to hear
some?
RTC:
Oh not now. Maybe later.
GD:
Probably just as well. Once I get started on those, I’ll be going
strong an hour later. But let me tell you just one. Not a dirty one
but after about an hour of limericks, I love to end the night with
this one. Can I proceed?
RTC:
Just one?
GD:
Yes, just one.
RTC:
Go on.
GD:
‘There was an old man of St. Bees,
Who was stung on the arm by a wasp.
When asked if it hurt,
He replied ‘No, it didn’t,
‘I’m so glad that it wasn’t a hornet.’
(Concluded
at 10:28 AM CST)
Letters to the Editor
From:
xxxxx xxxxxxxxx
Subject: Fw: question
To: brianharring@yahoo.com
Date: Saturday, September 20, 2008, 1:24 PM
Dear
Mr. Harring
Can
you tell me what will happen if I stop paying my credit cards?
I already have credit companies calling me daily for a bad car loan
my husband made and a failure to pay off a contract with a satallite
company that did not live up to their contract.
Thanks
for your help.
Xxxxxxxxx
Response:
Well, much depends on your situation. If you are borderline
moneywise, ditch the suckers or pay just the one you want. How do
you keep the swine from calling you all the time? Do what I do: have
caller ID on your phone and don't answer or if you accidentally do,
say you are the cleaning lady and no one is home or, for kicks, act
sad, say you are the sister and the person you are calling died
yesterday in a car crash.
Don't answer the
door unless you know who it is and beware of some fat guy with a big
package. He will pretend to be delivering you a gift but you get
served instead. I love to answer to answer the door and when they
say, "Are you Mr. Harring?" you say no, you aren't. I tell
them he moved out suddenly a month ago but I have a forwarding
address for the UPS. Give them some Godawful deadend cart track way
up on a local mountain or in some bad neighborhood they will never
go into...and come out alive.
Credit
counselors just make sure you pay the bills but stretch out the
payment...with interest, of course. So many people are maxed out
financially and emotionally that this nation is heading into a
serious period of its existence. Millions and millions of people got
caught up in the credit bubble...easy credit cards, easy loans, easy
mortgages...that when the day of reckoning comes, as it always does
in such things, the roof falls in.
There
are many other ways to get out from these suckers and I can tell you
that the major credit card companies, bank-owned or not, invested so
heavily in the mortgage scams that they are now going to squeeze
their regular customers, jack up their interest, refuse to up their
credit limits and so on.
The
result will not be more money for them but their clients
who just have had enough will finally walk away from money
they should not have spent and now, cannot pay. . You don't really
have to walk away and there are many ways to make them think you
have. Collection agencies will only go to so much trouble before
putting your account on an inactive stack. They focus on jobs,
homes, telephone numbers, car registerations, phone hook ups credit
card activity, etc.
Don't
forget, a bill collector coming to your door has no idea what
you look like. "Oh, Maud passed away two weeks ago. I'm
her sister, Irma. Are you one of the Brownlow brothers Maud used to
talk about?" They give up and tell their boss they think you
are dead.
My
father died suddenly. He had a rich wife in a nursing home. When I
cleaned up his place, I found a thick stack of really valuable
credit cards in his and his wife's names. She was cubically
rich...that's why he married her of course.
I
activated the cards since we had the same name, dad and I. Went to
Hawaii for a week, bought a new camera and lenses, lots of books and
good classical cds, spent a week at Yosemite in a private cottage
with a nice fireplace and room service, but always paid the amounts
due every month.
I
know credit and bill collecting (I hated it) so when the card people
began to get a little nervous, I maxed all of them out the same day
and got a doctor's bag stuffed full of money. And in time the
registered letters came, the phone calls came and eventually, the
collectors came. I was polite to them but told them my father had
died...which he had...and his wife was a turnip in a nursing home.
They did not notice the nice car on the driveway that I bought with
the money and put in my cousin's name (the collectors take license
numbers and run them so another name is a good idea.)
I
have boxes of checks from old businesses, with payroll checks I
never wrote so if you or your husband want to get some free credit,
I will send them to you and you can fill in the stubs to make it
look like you have had a good-paying job for years. Helps to rent
apartments under a different name.
Believe me, I've been rich and I've been poor.
Rich, of course, is better but I did learn when I was poor.
How to become another person? Ask and it shall be opened unto
you.
Brian
www.brianharring@yahoo.com
Editor’s note: We have had quite a number of these
questions lately and are going to start a section called: “Beat
the Bills with Brian” so readers with questions should write
to him. If we use your email and his response, we take off your name
and address and anything else that might help the rat-faced gits in
finding you..
The New ‘Bushvilles’ are Growing in a
Neighborhood Near You Today!
'Tent
cities' of homeless on the rise across the US
Homeless
encampments dubbed "tent cities" are springing up across
the US, partly in response to soaring numbers of home repossessions,
the credit crunch and rising unemployment, according to a report.
September 20, 2008
by
Our Foreign Staff
Telegraph/uk
Nearly 61 per cent of local and state homeless organisations
say they have witnessed an increase in homelessness since the
foreclosure crisis began in 2007, the Washington DC-based National
Coalition for the Homeless study says.
And the problem has intensified since the report was produced
in April, along with rising repossessions, soaring energy and food
prices and job losses, the group says.
"It's clear that poverty and homelessness have
increased," Michael Stoops, acting executive director of the
coalition, said.
"The economy is in chaos, we're in an unofficial
recession and Americans are worried, from the homeless to the middle
class, about their future."
Homeless groups and government agencies from Seattle, in
Washington state, to Athens in Georgia, report the most visible
increase in homeless encampments in a generation.
"What you're seeing is encampments that I haven't seen
since the '80s," said Paul Boden, executive director of the
Western Regional Advocacy Project, an umbrella group of homeless
groups in west coast cities.
In Reno, Nevada, the state with the nation's highest
repossessions rate, a tent city recently sprung up on the city's
outskirts and quickly filled up with about 150 people. Many, such as
Sylvia Flynn, 51, who came from northern California, ended up
homeless after losing their jobs and home.
Officials say they do not know how many homeless the city
has. "But we do know that the soup kitchens are serving
hundreds more meals a day and that we have more people who are
homeless than we can remember," Jodi Royal-Goodwin, the city's
redevelopment agency director, said.
In California, the upmarket city of Santa Barbara is housing
homeless people who live in their cars in city car parks while
Fresno, has several tent cities. Others have sprung up in Portland
in Oregon, and Seattle, where homeless activists have set up mock
tent cities at city hall to draw attention to the problem.
Meanwhile, new encampments have appeared, or existing ones
grown, in San Diego, Chattanooga in Tennessee, and Columbus, Ohio.
A recent report by the US Department of Housing and Urban
Development noted a 12 per cent drop in homelessness across the
nation, but the latest figures – from 2007 – predates the
current housing and economic crisis.
http://www.telegraph.co.uk/news/worldnews/northamerica/usa/2991742/Tent-cities-of-homeless-on-the-rise-across-the-US.html
Two
Cowboys: Vladimir & George W
September
20, 2008
by
Christopher Brauchli
CommonDreams.org
Thy
spirit, Independence, let me share;
Lord of the lion heart and eagle eye,
Thy steps I follow with my bosom bare,
Nor heed the storm that howls along the sky.
--Tobias
George Smallett, Ode to Independence
It
was quite a contrast. And that's not to say that what Russia did was
right. It's just interesting for the outsider to contrast George
Bush's response to events in Kosovo with his response to events in
Georgia. In examining the two responses one is made aware of the
fact that Mr. Putin's Russia and Mr. Bush's United States have come
far since George first met Vladimir and, exercising his
parapsychology skills, looked into Mr. Putin's soul and liked what
he saw. What he saw in Mr. Putin's soul was a reflection of his own
cowboy mentality.
It
was the cowboy mentality that enabled George Bush (who history may
remember as Don Quixote's direct descendant) to swagger into Iraq in
pursuit of an imagined adversary. Not finding the sought-after
enemy, he created one remarkably similar to the one he was chasing.
(Don Quixote was less fortunate.) It was George Bush's cowboy
mentality that convinced him to place corrals in the form of radar
installations inside the Czech Republic and missiles inside Poland,
ostensibly to protect Europe from a nuclear strike should Iran
succeed in developing nuclear weapons. In the eyes of Vladimir Putin
and many foreign policy mavens, the installations were meant to
protect Europe from Russia.
Following
Russia's invasion of South Ossetia in support of South Ossetia's bid
for independence from the former Soviet Republic of Georgia, the
cowboy in George Bush told George he should send his head wrangler
off to Georgia to let the Russian cowboy know who was boss in that
part of the world even though that part of the world is more closely
related to the Russian cowboy's sphere of influence than the
Texan's.
During
Cowboy Dick's visit to Georgia he not only assured the Georgian
people of Mr. Bush's support for Georgia's insistence that the
breakaway republics of South Ossetia and Abkhazia remain part of
Georgia, but promised the Georgians Cowboy George would continue his
support for Georgia's pursuit of NATO membership. Both positions
were the equivalent of pushing a thumb into the eyes through which
George had first gotten a glimpse into their proprietor's soul since
Mr. Putin opposes Georgia's entry into NATO and supports the bids of
South Ossetia and Abkhazia for independence from Georgia. What made
the pronouncements even more interesting, however was that in
opposing independence for the two break-away Republics George and
Dick were taking positions diametrically opposed to the position
taken by George only slightly more than one year earlier.
In
June 2007 George visited Fushe Kruje in Albania before the vote was
taken on whether or not Kosovo should be independent of Serbia and
become an independent country. There were pictures of a
back-slapping George Bush greeting people in Albania and expressing
his support for Kosovo's bid for independence from Serbia. According
to a report of his visit in the Guardian Mr. Bush announced that he
had made up his mind that Kosovo should be independent from Serbia
and let it be known that if agreement were not soon reached
permitting the U.N. Security Counsel to vote on its bid for
statehood, he might encourage Kosovo to declare independence.
Following that, said he, George and his people would give it
diplomatic recognition. George said: "Independence is the goal.
That's what the people of Kosovo need to know. If it is apparent
that is not going to happen in a relatively quick period of time, in
my judgment, we need to put forward the resolution. Hence,
deadline." In a press conference in Tirana, the Albanian
capital, Mr. Bush said: "Sooner rather than later you've got to
say enough's enough. Kosovo's independent."
Russia
and Serbia opposed Kosovo's bid for independence. Among other things
Serbia was concerned that if Kosovo were independent Serbia would
lose 15% of its territory. It also observed that the independence of
Kosovo would create a dangerous precedent for secessionists in other
places around the world (like South Ossetia?) although that was not
stated. Responding to Mr. Bush's meddlesome statements Mr. Putin
said Russia remained firmly opposed to Kosovo's bid for
independence. Kosovo declared its independence in May 2008. Now
South Ossetia's independence has been recognized by Russia. George
has responded by sending warships to unload humanitarian aid to
those affected by the conflict. Watching the two cowboys one can
only hope that George will leave the scene before he is able to
sponsor a shootout at the OK Corral.
None
of the foregoing is to suggest that Vladimir is a nice man. But
then, as we all know, neither is George.
Mis-Adventures
of The Devine Sarah
The Evolution of John McCain:Why
He Picked Sarah Palin, Carbon Queen
September
21, 2008
by
Chip Ward
TomDispatch.com
Despite
the media feeding frenzy, we still may be asking ourselves,
"Just who exactly is Sarah Palin?" Mixed in with the
Davy-Crockett-meets-SuperMom vignettes -- all those moose hunting,
ice fishing, snowmobiling, baby-juggling, and hockey-momming moments
-- we've also learned that she doesn't care much for her former
brother-in-law and wasn't afraid to use her office to go after his
job as a state trooper; that she was for the "bridge to
nowhere" before she was against it; that she's against earmarks
unless they benefit her constituents; that she can deliver a snappy
wisecracking speech, thinks banning books in libraries is okay,
considers herself a pit bull with lipstick, and above all else,
wants to drill the ever-lovin' daylights out of every corner of her
home state (which John McCain's handlers have somehow translated
into being against Big Oil, since she insisted on a marginally
bigger cut of the profits for Alaskans).
Oh,
and -- not that this is very important to Americans or the planet --
she now thinks that global warming might possibly be human-made…
sorta…
though she didn't before, despite the fact that the state she
governs is on the frontline of climate change. And, of course, she's
a classic right-wing, fundamentalist Christian: against abortion --
check; against same-sex marriage -- check; against stem-cell
research -- check; favors teaching Creationism in public schools --
check.
It's
that last item, her willingness to put
Creationism up against the teaching of evolutionary
science in the classroom on a he-says-she-says basis, that's far
more revealing of just who our new Republican vice presidential
candidate is than we generally assume. It deserves the long, hard
look that it hasn't yet gotten. Most Democrats and progressives tend
to think of the teaching of Creationism as a mere sidebar item on
their agenda of political don't-likes, but it's not. Sarah Palin's
bias towards Creationism is a window into her political soul and a
measure of John McCain's hypocrisy.
It's
possible that the public has been fooled into thinking of McCain as
a "maverick" when it comes to his party's abysmal record
on the environment, but his selection of Palin as his running mate
sends quite a different message. In fact, he's potentially put
future generations on a "bridge to nowhere" (or perhaps to
the fourteenth century). Whether we know it or not, we should now be
duly warned: The Palin nomination is the equivalent of launching a
"surge strategy" in the Republican war on the environment.
The
Republican Holy War on Nature (Continued)
For
the past eight years, the Bush administration's assault on
environmental quality has been so deliberate, destructive, and
hostile that the usual explanations -- while not wrong -- are hardly
adequate. Yes, Republican animosity to government regulation is
long-standing. Yes, they believe in the power of an unrestricted
marketplace to shape our collective behaviors. And yes, they
emphasize property rights over notions of the commons and have often
been comfortable sacrificing wildlife, air, and water quality in the
pursuit of profits. In addition, despite recent claims, they are
indeed the party of Big Oil. But none of this quite explains the
Bush administration's shameful record on the environment. In the
final analysis, the only explanation that fits the nightmare of the
last eight years is this: It has been on a holy war against nature
-- and the nomination of Sarah Palin is essentially an insurance
policy taken out on its continuation.
The
idea that the environment matters is ingrained in Americans, even
those who don't think of themselves as environmentally inclined.
Democrats and Republicans alike have learned the hard way that the
decisions we make about what we allow into our air, water, and soil
gets translated into our skin, blood, and bones. We now sense that
we all live downwind and downstream from one another, and that it is
prudent to practice restraint and take precautions when making
environmental decisions.
This
unspoken consensus is one of the great accomplishments of the modern
environmental movement. The policies of the Bush regime have been
shocking and shameful exactly because they fly in the face of these
shared values and beliefs. Only when we grasp that the narrow
Republican base both Bush and McCain pander to no longer shares
these basic values and beliefs, does their war on the natural world
make sense.
If
you believe that a look-alike God made the world for you to dominate
and use, that you are among God's chosen few, and that He will
provide for you no matter what you do to your surroundings, then you
are likely to see yourself as above the natural order. If you
believe that the world will be ending soon anyway, that you will be
"raptured" while non-believers are "left behind"
(as fundamentalist Tim LeHay so vividly describes the process in his
bestselling novels), then precaution and restraint are moot.
Remember, more than 60% of the nation's 60 million evangelicals
believe that the Bible is literally true, every last word of
it, and more than a third believe the end of the world will occur in
their lifetime.
That's
why a pro-Creationist stand is no sideline issue, but the litmus
test that reveals whether a politician shares the religious right's
ideology -- a literal interpretation of the Bible, a disparaging
attitude towards science, belief in mankind's unfettered dominion
over the natural world, and a willingness to impose its religious
doctrines on others.
Both
of Sarah Palin's churches -- the Wasilla Assembly of God where her
faith was shaped as a child and the Wasilla Bible Church that she
attends today -- believe
in just such a literal interpretation of the Bible. From
Biblical study, Creationists have calculated that the Earth is only
about 6,000 years old. That this is contradicted by the fossil
record matters little to those who also think Revelations is a
reasonable guide to foreign policy in the twenty-first century.
Asked during her run for governor if Creationism should be taught in
the public schools, Palin responded that the theory of evolution and
Creationism should be taught side by side, and then "the
students could debate" which is true.
Why
Evolution Matters
When
many Americans think "evolution," they probably recall
that illustration of an ape, then a Neanderthal, then a hairy
caveman, and finally, a modern homo sapiens walking in a line
and growing ever more upright as they proceed. That illustration
crudely highlights the aspect of evolutionary theory that pinches
the nerves of Christian zealots who prefer a creation scenario like
the one painted on the roof of the Sistine Chapel -- God tagging Man
with life, finger to finger. But the human common ancestry with
primates is just a fraction of what evolutionary theory is all
about.
Evolution
is largely about connection and interaction -- the linear connection
of one species evolving into another (speciation), but also how
species fill niches created by one another, how they interact,
exchanging energy and information, how they compete as well as
cooperate, and how all of them -- from microbial soils to migrating
birds -- form dynamic communities that, in turn, are also woven
together, web within web within web. Pull one thread of that living
tapestry and you tug at so many others, which is why precaution is
so wise.
Evolutionary
theory does not preclude God. It uncovers the how of life,
but leaves the why of it quite open. Many devout Jews and
Christians, even evangelicals, believe in evolution, just not
Biblical literalists.
Evolutionary
theory shapes and informs the ecological sciences that are the very
basis for our environmental laws and policies. The emerging,
European-led global movement -- so far lacking U.S. participation --
that aims to deal with global climate chaos and restore the earth's
vital operating systems is premised on understandings gained through
the evolutionary sciences. Cast doubt on those sciences and you
undermine the basis for changes that are urgently needed.
The
Creationist campaign means to dumb-down and confuse our kids by
pushing the evolutionary sciences off the educational stage.
America's Taliban want to make room for Creationism's dull sister,
Intelligent Design, in order to undermine the emerging environmental
consensus that is our best hope for a sustainable future. According
to that consensus, we humans are embedded in natural systems that
are in crisis; our well-being, even our survival, depends on the
vitality of those systems.
Kiss
the Polar Bear Goodbye
So
how does all this translate into actual behavior? As governor, Sarah
Palin recently sued
the Interior Department to keep the polar bear -- the iconic symbol
of her state -- from being listed as a threatened species under the
provisions of the Endangered Species Act. Additional protections,
she argued, might inhibit oil and gas drilling and pipeline
construction in the region.
The
Endangered Species Act is a favorite target of the religious right
since they are convinced it elevates lowly creatures to, or above,
the status of human beings. They see "charismatic
carnivores" and other protected species as the means used by
conservationists to pursue broader protections for whole ecosystems.
And that's true enough, in that "keystone species" like
the polar bear regulate a wide network of relationships within a
whole ecosystem. Those bears, for example, keep a lid on seal
populations that could otherwise devastate fish populations and skew
the arctic food web. Numerous animal and bird species depend on
scavenging bear kills for food. But without reference to ecological
science, the role of a keystone species and the value of
biodiversity itself are hard to appreciate.
Palin,
of course, also wants to drill
for oil in the ecologically fragile Arctic National
Wildlife Refuge and has expressed her hope that she can convince
McCain to abandon his opposition to it. She is an active
promoter of Alaska's aerial hunting program where wolves and bears
(again, keystone species) are shot
from the air or chased until exhausted, after which the
pilot lands the plane and a gunner can shoot them point blank. She
tried to raise
the bounty on wolves to encourage more killing and
strongly opposed a ballot initiative to end the aerial hunting
program. In the Lower 48, we learned the hard way that eliminating
top predators upsets a chain of relationships in their ecosystems.
No wolves in Yellowstone meant big, lazy herds of elk trashing
streams, driving away beavers, and thus eliminating the wetlands
that beavers create -- a cascade of unintended, harmful
consequences. That's why naturalists are reintroducing wolves in
parts of the West, and health is returning to the land with them.
Under Palin, Alaska is going to relive our old mistakes at a time
when Alaskans -- and humanity -- can ill afford it.
The
Carbon Queen
Even
in Alaska, known oil reserves are dropping. Nonetheless, Palin is
determined above all else to keep the current flow of energy moving,
explore and develop
new oil fields, and ramp up natural gas and coal
production. She gave
special permission to Chevron to triple the toxic waste
it can pour into the waters of the Cook Inlet, despite scientific
research concluding that the Beluga whale population there is
endangered. She has refused to pressure
Exxon to pay-up for damages caused by the infamous Exxon-Valdez oil
spill. She has supported
virtually every mining proposal that has landed on her desk,
including one for a vast gold mine in the Bristol Bay watershed that
would risk the world's largest run of sockeye salmon. She favors
open-cast mining for coal in the pristine Brooks Range. She has
refused to enhance safety measures for trans-Pacific shipping along
the Alaskan coast. All that and she's been governor for barely two
years!
Her
deplorable environmental record was such common knowledge that John
McCain couldn't have missed it, even if he napped through his
vetting committee's report.
So
if the McCain/Palin ticket is elected, you should know what to
expect. Although John McCain may once have openly refused to
subscribe to the beliefs of the Republican Party's religious right,
famously describing them as "agents of intolerance," his
selection of Sarah Palin is a message (and not just to the Party's
fundamentalist right): If you thought that he understands the need
to kick our fossil-fuel addiction and address global warming, if you
believed his promises to build a green economy, forget about it. A
McCain/Palin administration, just like the one before it, will
continue -- and this is the best-case scenario -- to fiddle while
the planet burns.
Driving
Into the Future Without a Map
Ed
Kalnins is Sarah Palin's former pastor at the Wasilla Assembly of
God Church which she attended for 26 years. He sees powerful signs
that the end of the world is drawing nigh and assured
a London Times reporter that Biblical scripture specifically
mentions shortages of oil and wars for its control. When the end
comes, he expects to be "raptured" with other righteous
Christians and spared the suffering of those of us who will be left
behind. He believes the apocalyptic destruction of our planet will
happen in his own lifetime; in fact, that is exactly the future he
hopes for. He has urged his congregation to make ready a
"refuge" for good Christians fleeing northward in
"the Last Days." Although Kalnin's orientation may seem --
to be polite -- extreme, it is typical enough of those who push a
Creationist agenda. And it's a perspective Sarah Palin knows well,
having spent a lifetime in Kalnin's Pentecostal church, and even
now, she is in no hurry to disown it.
We
need environmental science in our schools more than ever. An
ecologically illiterate generation of students will be ill-prepared
to meet our real, less than rapturous future. They won't have a clue
about what's happening around them or how to deal with the damage
we've done. They won't be able to create new technologies that mimic
nature's models for recycling waste and energy. They will drive
blindly into the future, burning fossil fuels, without a map they
can read. They may even let the Ed Kalnins of our world take the
wheel.
The
Evolution vs. Creationism debate appears to be an argument over the
distant past. But it's actually about the future. It's about, in
fact, who will define the cultural mindset that will generate that
future. Let us pray it is not defined by a pit bull with lipstick
who thinks she is "tasked by God" to drill for oil.
Chip
Ward is a former public library administrator in Utah, where the
separation of church and state is always unclear. As a grassroots
activist, he led several successful campaigns to make polluters
accountable. He wrote about his various political adventures in Canaries
on the Rim and Hope's
Horizon.
|