Alan Greenspan
Playing the Never Again Card, Again
August 18, 2010 by Jeff Gates · 6 Comments
The phony intelligence used to induce our March 2003 invasion of Iraq has been dusted off. This time it’s being deployed to take us into Iran.
Same scam. Same storyline. Same fraud—even featuring some of the same players.
Except that this time around their deception lacks the broader context required to gain traction for their phony content. That key difference makes today’s perpetrators far more transparent—for those willing to look.
Those foisting on us this latest fraud also face another challenge: Americans now realize it was Israel and its advocates who fixed that false intelligence around a Zionist agenda.
That realization adds combustibility to the facts now fueling Israel’s fast-fading legitimacy.
Each week brings new insights that undermine generally accepted truths about 911 and our response to that mass murder on U.S. soil. As the costs continue to rise in both blood and treasure, the credibility of those who sold us this “Clash” continues its steady decline.
One key player in this long-running fraud remains unfazed: mainstream media.
In March 2002, Israeli-American Jeffrey Goldberg published in The New Yorker a story alleging an alliance between the jihadists of Al Qaeda and the secular Baathists of Iraq. Though an impossible premise, his account made it appear plausible.
His collaborator was James Woolsey, a former Director of the CIA and an avid Zionist. Woolsey assured us that Iraqi intelligence officials met in Prague with Al Qaeda.
Woolsey’s intelligence was “sexed up” to sound credible. Now we know it was false. All of it.
Fool me once, shame on you. Fool me twice, shame on me.
In the consistency and common source of this duplicity lies the perilous future of Israel and its fast-shrinking legitimacy as a nation state.
The fast-growing worldwide revulsion at all things Israeli suggests that this latest fraud may yet fail—though not for lack of trying.
The Liars Return
Goldberg is back with another round of “reporting” in the best Goebbels tradition. Woolsey helped hyped his 2002 New Yorker essay, calling it a “blockbuster.” That it was.
Woolsey, former House Speaker Newt Gingrich and Richard Perle lobbied the Bush White House in May 2004 to retain Iraqi liar Ahmed Chalabi as the U.S.-favored leader for Iraq. Perle took two decades to develop Chalabi as an Israeli asset—at U.S. taxpayer expense.
New York Times “reporter” Judith Miller featured as facts Chalabi’s fabrications about Iraqi WMD. Meanwhile, Perle took over as chair of the Pentagon’s Defense Policy Board in 2001—on which Woolsey and Gingrich served. None dare call this treason—yet.
Goldberg is now making the Evil Doer case for Iran. Writing in the July 22, 2010 issue of The Atlantic, he argues the Israeli case for bombing Iran and urges that the U.S. again join the fray.
Woolsey, Gingrich and Perle are pushing the same agenda from the periphery. Senators John McCain and Joe Lieberman, among Chalabi’s earliest Congressional supporters, are again vocal in their support of expanding the war.
If the U.S. had an honest media, Goldberg would be revealed as a fraud and his cohorts reviled as traitors. Instead he was interviewed on MSNBC by Andrea Mitchell, wife of Alan Greenspan, and lionized by CNN anchor Wolf Blitzer who served 17 years with The Jerusalem Post.
The probability of Goldberg conceding that he served in the Israeli army is as likely as Blitzer conceding that he wrote a sympathetic book on Israeli master spy Jonathan Pollard.
Our Faithful Ally
The November 2007 National Intelligence Estimate confirmed with high confidence that Tehran halted its nuclear weapons program in the fall of 2003. No credible evidence has been offered that Tehran intends to enrich uranium beyond what is required for fuel and medical applications.
In a step scheduled for August 21, Russia will assist Iran in shifting 64 tons of low-enriched uranium from a storage site to the reactor chamber as the first of three steps in the long-delayed start-up of Iran’s nuclear reactor at Bushehr.
If all goes according to plan, Iran’s reactor will begin generating electricity in three to four months. As a condition of completing and fueling the plant, Russia insists that Iran return spent fuel so that the plutonium cannot be extracted for use in developing atomic weapons.
To date, the Iranians have produced only 5,300 pounds of low-enriched uranium. Moscow sees this next step as essential to bringing Tehran’s nuclear activities under the auspices of the International Atomic Energy Agency.
What’s the Israeli strategy for IAEA compliance? Bomb Iran. What’s the U.S. strategy? Follow the lead of our faithful and reliable ally.
Tel Aviv portrays the Iranian reactor as an “existential threat” and a sure sign of a pending Holocaust. How Likud Party leaders divine that outcome remains obscure. But never mind that minor detail, mainstream American media can fill in the “never again” blanks.
It was during just such a development stage of an Iraqi nuclear facility that Israel attacked and destroyed a nuclear plant at Osirak as it neared completion in June 1981.
Thus the concern that Tel Aviv may attack the Bushehr facility before the reactor rods are lowered into the reactor core. Any attack after the chain reaction begins is certain to release radiation into the atmosphere.
The Perils of Pending Transparency
Other key factors are also driving Israel in this direction, including the need for a diversion.
Tel Aviv is now implicated in the 2005 assassination of former Lebanese Prime Minister Rafik Hariri. The massive bomb blast left a crater 10 feet deep and 50 feet across. To date, Syria has been blamed for Hariri’s murder, along with Hezbollah.
The ensuing instability was cited by Israel as a rationale for its 2006 invasion of Lebanon with the U.S.—per usual—widely portrayed as guilty by association.
A UN tribunal is now turning the spotlight on Israel’s role. The tribunal will add fuel to the ongoing inquiry into the suspicious death of UK nuclear weapons inspector David Kelly who complained of the “sexed up” intelligence on WMD that induced the war in Iraq.
Meanwhile, ridicule is being heaped on the report of the 911 Commission for its glaring omissions, including its failure to identify U.S.-Israeli relations as a key motivation.
Fast-emerging developments on other fronts also spell trouble for Israel.
Even now, no one dares mention the mysterious collapse of World Trade Center Building 7 which was not hit by hijacked airliners. No one dares repeat the comment of leaseholder Leonard Silverstein on a PBS interview when he conceded the building was “pulled.”
Means, Motive & Opportunity
When waging Information Age warfare, false beliefs are routinely deployed as a form of weaponry to displace facts. That displacement process is much easier when the psy-ops includes an emotionally wrenching component.
Thus the necessity that those selling us an agenda wield influence in mainstream media.
With Israeli dominance also reaching deep into official decision-making, those in our military who question today’s Zionist narrative are routinely cashiered out of the service.
So who remains to counter the disinformation that passes for intelligence? In our tattered system of self-governance, who can deploy the facts required to displace the fictions foisted on us by Woolsey & Co.?
Answer: you and those with whom you share these facts and analyses.
The solution to this corruption requires people willing to tell the truth about what is being done to our country—and by whom. Make it personal—because it is. What you see chronicled in these accounts is how organized crime succeeds in plain sight.
In a system of governance dependent on facts for our informed consent, mainstream media was an early target of those perpetrating these ongoing psy-ops. Their success traces to domination of this key industry by supporters of this purported ally.
The facts are clear and the case is now compelling: Israel is not an ally but a reliable enemy.
Goldberg, Woolsey, Perle, Gingrich, McCain, Lieberman, Miller, Mitchell, Blitzer, Chalabi & Co. comprise an army of agents and assets enabled by an industry taken hostage by those destabilizing and delegitimizing the U.S.—from within.
Should the Zionist state again approach us for assistance—of any sort, the response must be clear and unequivocal: never again.
Alan Greenspan
John McCain: A Closer Look at Evil (Part 3)
July 28, 2010 by Jeff Gates · 2 Comments
In the 1980s, John McCain performed as a perfect asset by enabling a $150 billion fraud while destroying the nation’s savings and loan sector. The systematic pillaging of that industry required lengthy premeditation, malice aforethought and what’s known in law as an “evil mind.”
But here’s the catch. McCain may not have aided this criminality mindfully. He may have lacked the requisite intent to hold him accountable except at the ballot box.
His most transparent con was the invasion of Iraq, a war built on a foundation of lies. McCain became the Senate’s most enthusiast cheerleader along with Joe Lieberman, his Zionist sidekick.
Did John McCain know that he enabled this fraud? Was he mindful? If so, he’s a foreign agent. Other than for another nation, who would take our military to war on false pretenses?
If not, he’s a classic asset: a person whose known dysfunctions are exploited by others. For those who know him best, McCain is noted for his irritability, anger and internal instability.
So was he mindful or not? Is he an agent or an asset? Only time will tell.
Meanwhile he’s running for a fifth term as U.S. Senator. Does his record merit six more years?
Recall the events of the past 24 years while he steadily gained Senate seniority. Can you identify a more corrupt era—either in this generation or the last?
The longer John McCain served, the worse things became both here and abroad.
Frauds with Foresight
Sophisticated frauds are often pre-staging for serial frauds. Their progression then appears to “the mark” like a natural progression of events.
S&L home mortgages became mortgage-backed securities. Those securitized debts became feedstock for the “financial creativity” now known as the subprime mortgage fraud.
So what fraud is teed-up to follow the war in Iraq—which was waged on false pretenses? Is the Global War on Terrorism a form of “geopolitical creativity”?
When John McCain was selling us this war, was he working for the same syndicate that sold us the subprime fraud? What’s next? War with Iran? Pakistan? Syria? Who is the next plausible Evil Doer? Or is this Evil Doer narrative just another profitable fraud?
Other than acquiescence, what role did McCain play in these mega-frauds? Was he willfully complicit? Or just incompetent? Neither trait is an appealing feature for a Senate candidate.
He’s back on the campaign trail albeit without his theme-setting campaign bus called the Straight Talk Express. Most of his political props remain unchanged: He still wraps himself in the flag, he touts his seniority on the Senate Armed Services Committee, and his appearances feature maps of Afghanistan and Pakistan.
He avoids any mention of Iraq or S&Ls. And blames the subprime meltdown on others.
Pre-staging Agents and Assets
“The issue of economics” John McCain conceded in 2007, “is not something I have understood as well as I should. I’ve got Greenspan’s book.”
Alan Greenspan’s unbridled faith in “financial creativity” enabled the subprime fraud. His tenure as chair of the Federal Reserve witnessed the worst downturn since the Great Depression.
A revealing career preceded Greenspan’s 1986 appointment to the Fed by Ronald Reagan the same year that McCain came to the Senate. Greenspan not only gave helpful opinions on the solvency of S&Ls, he also helped Arizonan Charles Keating recruit the infamous “Keating 5” Senators who extended the life—and the taxpayer cost—of that politically aided fraud.
A campaign contributor when McCain ran for Congress in 1982, Keating previously served as counsel to Carl Lindner in Cincinnati. Lindner routinely appears on the periphery of corrupt politicians along with Keating colleagues Leon Black and Michael “Junk Bond King” Milken.
Keating left Lindner’s employ to serve as the non-Ashkenazi face on Lincoln S&L in Phoenix, a massive control fraud overseen by Milken and Black from the now defunct Drexel Burnham Lambert. In 1987, Milken’s paycheck for his financial creativity totaled $550 million.
Much of the cost of bailed-out S&Ls can be traced to high-yield/high-risk bonds (aka junk). As with the subprime bailout, taxpayers got the mortgage (the debt) while financial sophisticates got the house: Milken, Black, Lindner, et.al.
Leon Black employed the Times Square Fizzler (aka the “Pakistani Terrorist”). Black’s father, Eli, also worked at the corrupt interface of finance and geopolitics. Back when this syndicate was discrediting the U.S. in Latin America, Eli Black was the epitome of the Ugly American as Lindner-associated firms bribed and murdered their way to great personal wealth.
With these networks of relationships spread over time and distance, it can be difficult to detect in real time the common source of the frauds that shape our lives and manipulate our geopolitics.
The political career of John McCain offers a case study in how organized crime operates in plain sight. Is he willfully complicit? When you hear him speak, all you know for certain is this: he’s a legend in his own mind.
Alan Greenspan
A.I.G. Made Easy
March 25, 2009 by Jeff Gates · 6 Comments
Copyright Korea Times
Had insurance giant A.I.G. collapsed, losses from its failed insurance coverage would have rippled through banks and investment banks worldwide, destabilizing the world economy.
Yet A.I.G. set aside no reserves to cover the risk of default on those securities it collected premiums to insure. Why should it? Securities rating agencies ranked even the riskiest of those securities akin to U.S.-government bonds with virtually no chance of default.
A.I.G. professed to insure high-risk loans packaged and resold as low-risk securities to unwary pension funds. In a financial markets version of musical chairs, A.I.G. could afford to be the last one standing, confident they were too big to fail. Let’s keep it simple: imagine the casino skim taken to global scale as players extracted fees at each step along the way.
A.I.G.’s lack of financial reserves did not inhibit its financial products unit from charging handsome fees while its insurance unit pocketed vast premiums. A.I.G.’s rare triple-A rating lent the firm an image of strength and stability even as it “insured” the riskiest securities backed by the least secure of subprime mortgages.
A.I.G.’s financial “creativity” induced A.I.G. clients to believe their premiums would cover the risk of default. Heads A.I.G. wins. Tails and we’re told that taxpayers must pay. A precedent was set with the massive savings and loan fraud of the late-1980s when policy changes enabled a similar financial “pump-and-dump.” As real estate prices soared, cash was skimmed at the top of the market to acquire assets cheaply at the fire-sale bottom.
The origins of this fraud can be traced to a “Chicago” mindset that likens unfettered financial freedom to personal freedom. The public interest, we’re assured, is best served by allowing money to freely work its will worldwide. Fed Chairman Alan Greenspan reassured us that “financial creativity” would protect us from the very “irrational exuberance” that he enabled with a combination of easy money and free market ideology.
In a classic exercise in political distraction, the public is now incensed at a reported $165 million in incentive payments to the A.I.G. geniuses behind this financial creativity. In truth, their real bonus figure is closer to $450 million. Albeit outrageous, it totals less than one quarter of one percent of a taxpayer bailout for A.I.G. poised to top $200 billion.
Forced to disclose to which firms the first $85 billion in bailout funds were paid, A.I.G. conceded that 16 of the top 22 institutions were foreign-owned firms. Goldman Sachs, a key node in this transnational network of financial creativity, was paid $13 billon by A.I.G. That’s in addition to the $10 billion that Washington paid directly to Goldman last fall.
Obama adviser Larry Summers succeeded Goldman Sachs chair Robert Rubin as Treasury Secretary when key policies were changed that enabled this fraud. He also handpicked a Harvard advisory team who oversaw a similar fraud that financially pillaged the Russian economy. When Moscow hit the “reset” button in its shift from state to private ownership, a national scale fraud created an oligarchy that dominates the Russian economy.
As soon as Russia’s restructuring was complete, its beneficiaries cited sanctity of contract to protect the spoils of their massive fraud while a deceived Russian public was driven into poverty. There, a massive “loan for shares” fraud enabled financial sophisticates to emerge dominant. Here, a massive “funds for shares” program turned to hedge funds and private equity firms to rescue us from our Greenspan-enabled profligacy.
To facilitate an American-style “reset,” government debts will be secured by our full faith and credit to help financial sophisticates buy trashy debt securities from A.I.G.’s defrauded clients. That cost will reduce fiscal resources required to address the retirement needs of 78 million Baby Boomers whose pension funds were ravaged by this “Chicago” fraud.
As this cash-for-trash program proceeds, who will emerge as dominant owners of the nation’s distressed financial sector? Answer: the senior partners of hedge funds and private equity funds—who already dominate the Forbes 400 list of richest Americans.
As in Russia, debate is being framed around sanctity of contract to insulate from a deceived public a vast transfer of wealth into a few hands. Summers cited that sanctity to insist that A.I.G.’s financial products unit be allowed to keep their half-billion dollars in taxpayer-paid bonuses. Obama initially opposed the bonuses while an incensed House approved legislation imposing a 90% tax. Chicagoan Obama has since backed down. That tax could have set a precedent for a bilked public to recover other stolen wealth.
The real issues remain obscured in the outrage over executive pay while the entire economy is being “reset” in plain sight. The policy changes proposed by Summers & Co. will create a uniquely American-style oligarchy. As taxpayers are stuck with the mortgage, our creative financial sophisticates will get the house. Is this the future that Americans want?
Another intelligence “dot disconnect” may be in the works. While Secretary of Homeland Security Janet Napolitano cites our porous borders as the primary danger, intelligence agencies confirm that our weakened economy poses the top threat to national security.
How was U.S. security improved by enabling A.I.G. to make massive payments to foreign banks? How is our national interest served by taking us deeper into debt in order to bail out complicit bankers while creating a Russian-style oligarchy? If those simple questions were asked, the answers would lead us to those who orchestrated this greatest heist in history. And to those now enacting policies destined to make a bad situation worse.
March 24, 2009
For more background and a better understanding of the situation AT LARGE, please visit my website at http://www.criminalstate.com and have a quick peek at my book “Criminal State“.
