Category: Corruption

The US Has No Permanent Military Bases Anywhere

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Remember when I claimed that Bush’s statement of “No Permanent Bases in Iraq” was a lie?

Well, now we get the parsing, because Bush and His Evil Minions™ are now saying that the US has no permanent bases anywhere in the world.

We don’t have them in Japan, or Korea, or Germany, because at some point, the host government could ask us to leave, or, in a few billion years, the sun could go nova.

I knew that his “no permanent bases” statement was a lie, but now he’s parsing it on the basis of what the word “is” is.

Conyers Introduces Contempt Resolution Against Bolton and Miers

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It’s actually a bit more complex. He has introduced two resolutions, one for contempt against Bolton and Miers, and a second one would authorize the House Judiciary Committee to go to court, since Mukasey has said that he won’t enforce a contempt citation.

Nice that Conyers is doing this, but it ain’t gonna hit the floor, because it’s:

NOT ON THE TABLE! NOT ON THE TABLE!

Bush and His Evil Minions™: Fraud In Iraq and Afghanistan is Just Fine

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The Bush administration, after much prodding, will be tightening up the standards for fraud, waste, and abuse in government contracting, but only in the US.

If you are contracting outside of the US, say like Halliburton in Iraq, you do not have to report, “internal fraud or overpayment on government-funded projects” in excess of $5 million.

My guess is that it would sweep up too many of their campaign contributors and Dick Cheney’s Golfing Buddies.

An Interesting Point on the Gitmo Show Trials

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Over at Will Bunch’s Attytood, an interesting point is made:

But the timing of this strikes me as just a little bit too much of a coincidence here. The likely unraveling of Guantanamo is Bush’s worst nightmare. A legitimate criminal trial under American laws of jurisprudence would expose the worst of the Bush-Cheney torture regime, including waterboarding techniques, and have a result that nobody in this debate wants: Making it impossible to gain real justice against the 9/11 planners, because of inadmissable evidence.

A quick trial under military rules, and a speedy execution, is the only long-shot hope for Bush and Cheney for making the worst of the torture nightmare that they’ve created go away. That said, this new push for an execution is likely to rally more opinion around the world — the death penalty has been abolished or is not used in most civilized nations — against the United States; at the risk of appearing cynical, I doubt this decision would be announced if Mitt Romney and his famed “double Guantanamo” move or if Rudy Giuliani were still viable candidates.

But as today’s articles note, it is unlikely, with appeals and the like, that any conviction and death penalty could be carried out as quickly as January. That lays the problem on the lap of the next president — regardless of whether it’s McCain, Clinton or Obama — who would have to either affirm the military tribunals, or else declare on the first day of their presidency that one of their first officials acts will be to overturn a death sentence for a 9/11 mastermind.

These are sick evil bastards, and I’m not referring to the 911 terrorists.

Rudolph “Bialystock” Giuliani????

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Well, I came across a blog posting from the marvelously named “Horse’s Ass” blog (and the story behind that name is a hoot) has suggested that Rudy Giuliani is the “Max Bialystock of Politics”.

If you’ve never seen Mel Brooks’ movie, The Producers, or the subsequent musical, you need to understand that Max Bialystock is an unsuccessful Broadway producer who realizes that he can make money by selling a few thousand percent of a production, and when it fails, no one will expect their money back.

So he chooses the wrong director, the wrong lead, the wrong play (Springtime for Hitler), and, of course, it turns out to be a smash hit, and his deception is revealed.

David “Goldy” Goldstein posits that Rudolph Giuliani did the same thing.

But could Giuliani and his high-paid strategists really have been that stupid? Or, is it possible that the Florida Strategy has actually worked exactly as planned?

While the rest of the presidential field were trudging through the snows of Iowa and New Hampshire, trading rhinoviruses with voters in diners and VFW halls throughout the heartland, Giuliani and his team were leisurely soaking up the rays in sunny Florida, making a few appearances, playing a little golf, and all the while laying claim to the Sunshine State’s winner-take-all primary. While Romney, McCain and Huckabee were emptying their campaign coffers duking it out in Nevada and Michigan and South Carolina, Giuliani apparently spent his $50 million-plus campaign war chest on what…? Sunscreen and greens fees? Two percent of the vote, and a single national delegate? According to media reports the Giuliani campaign is so broke his top staffers have foregone their salaries, raising questions of how he could have spent so much money for such poor results? But perhaps the better question might be, did he actually spend the money at all?

Think about it. Giuliani may be arrogant and vindictive and ethically challenged, but nobody’s ever accused the man of being stupid, so perhaps he and his advisers knew all along that he didn’t stand a chance on the national stage once Americans really got to know him. But just because he couldn’t win the White House didn’t mean he couldn’t make a little scratch on the side, and taking a lesson from Max Bialystock and Leo Bloom in Mel Brooks’ legendary The Producers, perhaps Giuliani realized he could make a helluva lot more money from a presidential flop than he ever could from a respectable run?

Go read the whole thing, it’s a hoot.

Housing Secretary Alphonso Jackson Accused of Coercion for Business Buddy

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This joker was accused of telling people that he would not grant contracts to people who supported Democrats, and then claimed it was a joke, and now it’s claimed that he, “demanded that the Philadelphia Housing Authority transfer a $2 million public property to a developer at a substantial discount, then retaliated against the housing authority when it refused to do so, a recent court filing alleges.”

This is business as usual for Bush and His Evil Minions&trade.

Economics Update

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In January, employers cut 17,000 jobs, the first cut in about 4 years.

Truth be told, the private sector has not been responsible for significant employment growth in this “tide that leaves ordinary people drowning” recovery anyway. It’s pretty much all been public sector jobs.

Additionally, you have 2007 having the worst performance since 2002, with factory orders for the year being only 1.4% above 2006, though the month to month numbers for November and December were relatively healthy.

In the increasingly inevitable meltdown of the monoliner bond insurance companies, private equity firms want no part of a bailout of the insurers, so banks are trying to go it alone (here and here).

Banks trying to bail out insurers, so that the banks won’t show huge losses or insolvency as a result of losses in the market.

So, you have broke insurers being bailed out by banks that are broke too?

This will all unwind, just like the 1929 crash, only the availability of computers, and computer models, means that the level of exposure of these institutions has multiplied many times.

In any case, it appears that the credit crunch is in the process of making large private equity deals more risky for investment banks, in this case, a take over of Harrah’s Entertainment by Apollo Management and Texas Pacific Group.

The banks are, “Having trouble selling on the leveraged buy-out debt to third parties. With the bulk of the debt remaining on their books, the banks are sitting on a sizeable loss.” No one wants to buy the funny paper no more.

For the UK, there is some good news, asthere are now competing bids for the Northern Rock bank, with Richard Branson and the board of Northern Rock competing, which implies that the UK taxpayers won’t take too bad a hit.

In a sign of the new world order, CitiGroup is no longer number one in the world in market capitalization, that honor now goes to the Industrial & Commercial Bank of China Ltd., China Construction Bank Corp. and Bank of China Ltd. (ICBC).

In fact, it’s number 7 on the list, after ICBC, Bank of America, HSBC Holdings, China Construction, Bank of China, and JPMorgan Chase.

And we now have indications that perhaps that trader was not so “rogue”, with Societe Generale in court defending itself against money laundering. It appears that they were laundering stolen checks through Israeli banks.

911 Panel Ececutive Driector Had Close Ties to Bush and His Evil Minions™ and Regularly Talked to Karl Rove

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What a bloody surprise. Neocon, and former Concoleeza Rice aid Philip Zelikow is hired as the executive director of the 911 commission, and it turns out that we was working to protect Bush, not the country. (here, here, and here)

The problems:

  • “In his book, Shenon also says that while working for the panel, Zelikow appears to have had private conversations with former White House political director Karl Rove, despite a ban on such communication, according to Holland. Shenon reports that Zelikow later ordered his assistant to stop keeping a log of his calls, although the commission’s general counsel overruled him, Holland wrote.”
  • Staffers accuse him of refusing to allow a report showing Rice to be incompetent to be submitted.
  • Zelikow was responsible for demoting Richard Clark, but never told the committee members about this.
  • His resume given to the 911 commission omitted details of his involvement in the events leading up to 911.
  • He told his secretary to stop logging his phone calls.

Zelikow claims that, “Out of 85 staffers, half a dozen were disgruntled, Zelikow told ABC News. “Under the circumstances, that was a pretty low fraction,” he said. “But they all talked to Shenon.”

No for whistleblowing, 1 out of 500 is a low fraction. 1 our of 15 is insanely high.

And Now Bush is Maintaining that He Can Ignore Congress on Spending

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In the National Defense Authorization Act for 2008, Congress prohibited the use of federal funds to “to establish any military installation or base for the purpose of providing for the permanent stationing of United States Armed Forces in Iraq” or “to exercise United States control of the oil resources of Iraq.” it also,

….requires intelligence agencies to turn over “any existing intelligence assessment, report, estimate or legal opinion” requested by the leaders of the House and Senate armed services committees within 45 days. If the president wants to assert executive privilege to deny the request, the law says, White House counsel must do so in writing.

Finally, Bush’s signing statement raised constitutional questions about a section of the bill that established an independent, bipartisan “Commission on Wartime Contracting in Iraq and Afghanistan” to investigate allegations of waste, mismanagement, and excessive force by contractors.

Bush’s response, “Nyah, nyah, nayh, I’m president“, in a signing statement.

A prohibition on spending by the congress is legally binding on a president, even it makes his job “hard work”.

This is why having impeachment on the table is a necessary thing:

NOT ON THE TABLE! NOT ON THE TABLE!

Are Telcos Trying to Sabotage Open Access Spectrum Auction

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It appears that bidders on the C-Block spectrum are colluding to keep the bid price low enough to eliminate open access rules.

Though $8.66 billion has been raised in 12 rounds by the auction so far, it still has a long way to run before it loses steam — more than 1000 separate bids were submitted in Tuesday’s closing round. The D block still has plenty of time to attract more bidders, particularly as the price of the C block and other regional licenses escalate. (For complete auction results see the FCC’s Auction 73 page)

Such escalation, though, appears to be exactly what the C-block participants are bent on preventing. The C-block bidders slowed down their pace Tuesday, taking turns bidding on the license every other round. That not only prevented the license from crossing the $4.6 billion reserve threshold, it also served to knock down the minimum bids required to take the lead in consecutive rounds. According to the FCC’s rules, the minimum bid falls each round a license fails to attract a new bidder. The strategy has definitely slowed down the momentum of C-block bidding, but even at the rate of one bid every other round, the license will clear the reserve ceiling in the next two days. To secure the top bid in Wednesday’s open Round 13, a participant will have to pony up $4.29 billion.

Also the Block D auction seems to be stalling, my guess is that this is a result of Cyrene Call corruption issues. This block is supposed to be shared with public safety agencies, with said agencies having complete control in an emergency, and to be open access.

What’s with George W. Bush and Bald Guys????

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President Bush, shown greeting Rep. Louie Gohmert (R-Tex.) just before his State of the Union address, made eliminating lawmakers’ pet projects, or earmarks, the center of the domestic agenda he laid out in the speech. The executive order cracking down on earmarks, however, would not go into force until fiscal 2009. (By Rich Lipski — The Washington Post)

Does this explain Jeff Gannon?

Seriously. One of the questions of the Jeff Gannon/Jim Guckert “man whore in the White House” thing is who was he doing.

Bush seems to have a thing for bald guys…Like Mr. Guckert.

The scuttlebutt (pun not intended) was that it was Rove, but maybe it was someone in a higher position.

And now I need this:

It’s not a revulsion about gay sex. It’s revulsion about Bush sex.

Bankrupt Your Company, Get a Better Paying Job Somewhere Else

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The Times has a story that has got me thinking that all of Wall Street is one giant criminal conspiracy.

People keep falling up.

High (low) points cut and pasted from the article:

  • UNDER the stewardship of Dow Kim and Thomas G. Maheras, Merrill Lynch and Citigroup built positions in subprime-related securities that led to $34 billion in write-downs last year. The debacle cost chief executives their jobs and brought two of the world’s premier financial institutions to their knees.
  • Mr. Maheras, who left his job as co-president of Citigroup’s investment bank … has had serious discussions with several investment banks, including Bear Stearns, about taking on a top management position, people who have been briefed on the situation said. And he has also been approached by investment firms willing to back him to the tune of $1 billion or more if he decides to start his own hedge fund, these people said.
  • Mr. Kim, who until this spring was a co-president at Merrill Lynch with oversight of the firm’s trading and market operations, has been crisscrossing the globe in recent months raising money for his new hedge fund, Diamond Lake Capital.
  • Zoe Cruz, the Morgan Stanley co-president who was forced to leave her job after $10.8 billion in subprime losses, has been approached by investment banks, hedge funds and private equity funds about a senior management role.
  • John Meriwether. Ousted from Salomon Brothers in 1991 for his role in a bond trading scandal, he became a co-founder of Long Term Capital Management, the hedge fund that nearly collapsed in 1998, rattling markets worldwide. He has since founded a second fund, JWM Partners, with assets of around $3 billion.
    • So he was fired for corruption, and then he went on to found LTCM, which the Federal Reserve had to structure a bail out for, and he’s got another hedged fund?
  • More recently, Brian Hunter, the energy trader at Amaranth Advisors whose disastrous bets led to the disintegration of that $9 billion hedge fund, is now advising a private equity fund called Peak Ridge on starting a hedge fund. Howard A. Rubin, a trader at Merrill Lynch, who lost $377 million in 1987, quickly landed a job at Bear Stearns, where he had a successful career.

I used to think that somehow or other, GW Bush’s history of failing upwards was the exception. It’s not. It’s the rule. Our financial markets are irredeemably corrupt.

Fallout of US Attorney Firing Scandal

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We have more politically motivated prosecutions, this time of pathologist Cyril Wecht, and that of attorney Geoff Fieger. (I’ve noted to the prosecutions in Mississippi ( here and here) and Don Siegelman before.)

In the case of Wecht:

Prosecutors plan to prove that Wecht used county resources in his private business, defrauded private clients with bogus travel invoices, and submitted falsified mileage receipts to surrounding counties. His attorneys say the charges are either false or amount to minor infractions, such as the improper use of fax machines.

The initial indictment charged 84 counts, but Assistant U.S. Attorney Stephen Stallings recently dropped more than half of them to “streamline” the case for the jury. Wecht’s attorneys called the gutted indictment signs of a rush to judgment and shoddy investigating.

In the two years since the indictment, Wecht’s attorneys have attacked prosecutors for alleged political biases, although the judge won’t allow them to argue political motives to the jury.

They have even accused the judge of bias. The 3rd U.S. Circuit Court of Appeals denied their request for a new judge while chiding Schwab for admitting 300,000 pages of documents into evidence over the objections of the defense.

So we have an intensely sloppy prosecution, over an amounts that are miniscule, they are including misuse of the office fax machine.

And the US Attorney is involved.

With Feiger, best known as Kevorkiann’s lawyer, but also a major Democratic party contributor (shades of Mississippi), you have a number of irregularities:

  • The U.S. Attorney two aids , were recused , and the Judge has had to compel the office to give the reasons to Feiger’s lawyers.
  • The size of the raid by the FBI is such that the Judge has directed the FBI to give examples of similarly sized raids.
  • Prosecutors violated rules in not getting DoJ authorization of the investigation.
  • Typically, the FEC handles such probes.

There will be decades of fallout of the corruption and politicization of the DoJ by Bush and His Evil Minions™.

Senate FISA Vote Update

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Well, according to FDL, read the live blogging there, I cannot do justice to it, nothing is going to come out of the Senate. The ‘Phants are still blocking it.

Of interest, however, is that both Arlen Specter (R-PA) and
Jay Rockefeller (D-WV) will be voting with the Democrats.

Specter, of course, makes noises, and toes the line, and Rockefeller has been the champion of retroactive telco immunity.

It’s odd.

I do not know what is going on, but this is very, very odd.

FWIW, Sens. Mark Pryor (D-AR), Ben Nelson (D-NE), Blanche Lincoln (D-AR) and Mary Landrieu (D-LA) voted with the Republicans to end debate and amendments on the bill.

FWIW, Landrieu is up next year in LA, but she will lose, as the ethnic cleansing of New Orleans has ensured that.

No money to the DSCC. Give directly to races, because otherwise, it will go to folks like Pryor, Lincoln, Nelson, and Landrieu.

It’s wasted money.

Bush Threatens Veto on FISA Extension, Reid Calls Him “Shamefully Irresponsible”

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Bush is ratcheting up the rhetoric on the “give the phone companies a blow job” version of the FISA update, and Harry Reid is pushing back.

Bush is threatening a veto of an extension of the so called “Protect America Act”, because, even though it protects phone companies for current warrantless domestic spying, it does not indemnify them for prior spying, some of which began in February 2001, more than 7 months before 911.

Let’s be clear. Indemnification is not about getting phone companies to cooperate. It is about helping phone companies conceal the details of this activity, so that Bush and His Evil Minions™ will never face legal consequences of their law breaking.

Well, $%#@ that.