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zaterdag 4 februari 2017
Trump Rolls Back Wall Street Regulations
‘Spectacular Betrayal’ as Trump Rolls
Back Wall Street Regulations
Posted on Feb 3, 2017
By Deirdre Fulton / Common Dreams
President Donald Trump is set to hand the U.S. economy “back over to Wall Street” on Friday, with a regulatory rollback that critics say could put consumers and the financial system at risk.
According to the Wall Street Journal, Trump plans to sign executive orders Friday “establish[ing] a framework for scaling back the 2010 Dodd-Frank financial-overhaul law” and rolling back an Obama-era regulation requiring advisers on retirement accounts to work in the best interests of their clients. That rule was set to go into effect in April.
Trump plans to sign the orders surrounded by bank CEOs.
“The Wall Street bankers against whom Trump ran are making policy now,” said Robert Weissman, president of watchdog group Public Citizen.
“The worst job-destroying economic crisis since the Great Depression was directly caused by deregulation and regulatory failure,” he said. “Now the president who ran on a jobs-creation platform announces that he aims to slash the modest measures put in place to prevent a recurrence of the crisis. If Trump succeeds in rolling back Dodd-Frank rules he will rush the country straightforward into another job-killing financial crisis. This may be the most spectacular betrayal yet by the president of his voters, as he shunts aside their concerns and pushes forward the agenda of his cronies and the well-connected.”
Furthermore, White House National Economic Council director Gary Cohn, who formerly served as president of Goldman Sachs, told the Journal that Friday’s memoranda were merely “a table setter for a bunch of stuff that is coming.”
Also in the administration’s crosshairs are the Financial Stability Oversight Council(FSOC)—which has the ability to designate and rein in giant financial institutions that are “systemically important” to the global economy—and the Consumer Finance Protection Bureau (CFPB), which has cracked down on predatory payday lenders; set new standards for the mortgage market; and recovered and sent back billions of dollars for consumers harmed by illegal practices of credit card companies, banks, and debt collectors. Both entities were established by Dodd-Frank.
Bloomberg described the orders as “the most aggressive steps yet by Trump to loosen regulations in the financial services industry and come after he has sought to stock his administration with veterans of the industry in key positions.”
In addition to Cohn, Trump’s cabinet includes Goldman alums Steven Mnuchin, the nominee for treasury secretary, and chief strategist Steve Bannon, who worked at the institution in the 1980s. Wall Street lawyer Jay Clayton, Trump’s pick to run the Securities and Exchange Commission (SEC), also has ties to Goldman Sachs.
Further Reading: http://www.truthdig.com/report/item/spectacular_betrayal_as_trump_hands_economy_back_over_to_wall_street_201702
President Donald Trump is set to hand the U.S. economy “back over to Wall Street” on Friday, with a regulatory rollback that critics say could put consumers and the financial system at risk.
According to the Wall Street Journal, Trump plans to sign executive orders Friday “establish[ing] a framework for scaling back the 2010 Dodd-Frank financial-overhaul law” and rolling back an Obama-era regulation requiring advisers on retirement accounts to work in the best interests of their clients. That rule was set to go into effect in April.
Trump plans to sign the orders surrounded by bank CEOs.
“The Wall Street bankers against whom Trump ran are making policy now,” said Robert Weissman, president of watchdog group Public Citizen.
“The worst job-destroying economic crisis since the Great Depression was directly caused by deregulation and regulatory failure,” he said. “Now the president who ran on a jobs-creation platform announces that he aims to slash the modest measures put in place to prevent a recurrence of the crisis. If Trump succeeds in rolling back Dodd-Frank rules he will rush the country straightforward into another job-killing financial crisis. This may be the most spectacular betrayal yet by the president of his voters, as he shunts aside their concerns and pushes forward the agenda of his cronies and the well-connected.”
Furthermore, White House National Economic Council director Gary Cohn, who formerly served as president of Goldman Sachs, told the Journal that Friday’s memoranda were merely “a table setter for a bunch of stuff that is coming.”
Also in the administration’s crosshairs are the Financial Stability Oversight Council(FSOC)—which has the ability to designate and rein in giant financial institutions that are “systemically important” to the global economy—and the Consumer Finance Protection Bureau (CFPB), which has cracked down on predatory payday lenders; set new standards for the mortgage market; and recovered and sent back billions of dollars for consumers harmed by illegal practices of credit card companies, banks, and debt collectors. Both entities were established by Dodd-Frank.
Bloomberg described the orders as “the most aggressive steps yet by Trump to loosen regulations in the financial services industry and come after he has sought to stock his administration with veterans of the industry in key positions.”
In addition to Cohn, Trump’s cabinet includes Goldman alums Steven Mnuchin, the nominee for treasury secretary, and chief strategist Steve Bannon, who worked at the institution in the 1980s. Wall Street lawyer Jay Clayton, Trump’s pick to run the Securities and Exchange Commission (SEC), also has ties to Goldman Sachs.
Further Reading: http://www.truthdig.com/report/item/spectacular_betrayal_as_trump_hands_economy_back_over_to_wall_street_201702
Glenn Greenwald on Torture
The CIA’s New Deputy Director Ran a Black Site for Torture
February 2 2017, 9:50 p.m.
IN MAY, 2013, the Washington Post’s Greg Miller reported that the head of the CIA’s clandestine service was being shifted out of that position as a result of “a management shake-up” by then-Director John Brennan. As Miller documented, this official – whom the paper did not name because she was a covert agent at the time – was centrally involved in the worst abuses of the CIA’s Bush-era torture regime.
As Miller put it, she was “directly involved in its controversial interrogation program” and had an “extensive role” in torturing detainees. Even more troubling, she “had run a secret prison in Thailand” – part of the CIA’s network of “black sites” – “where two detainees were subjected to waterboarding and other harsh techniques.” The Senate Intelligence Committee’s report on torture also detailed the central role she played in the particularly gruesome torture of detainee Abu Zubaydah.
Beyond all that, she played a vital role in the destruction of interrogation videotapes that showed the torture of detainees both at the black site she ran and other secret agency locations. The concealment of those interrogation tapes, which violated both multiple court orders as well the demands of the 9/11 Commission and the advice of White House lawyers, was condemnedas “obstruction” by Commission Chairs Lee Hamilton and Thomas Keane. A special prosecutor and Grand Jury investigated those actions but ultimately chose not to prosecute.
That CIA official’s name whose torture activities the Post described is Gina Haspel. Today, as BuzzFeed’s Jason Leopold noted, CIA Director Mike Pompeo announced that Haspel was selected by Trump to be Deputy Director of the CIA.
This should not come as much of a surprise given that Pompeo himself has said he is open to resurrecting Bush-era torture techniques (indeed, Obama’s CIA Director, John Brennan, was forced to withdraw from the running in late 2008 because of his support for some of those tactics only to be confirmed in 2013). That’s part of why it was so controversial that 14 Democrats – including their Senate Leader Chuck Schumer, Dianne Feinstein, Sheldon Whitehouse and Tim Kaine – voted to confirm Pompeo.
That Haspel was the actual subject of the 2013 Post story was an open secret. As Leopold said after I named her on Twitter as the subject of that story: “all of us who covered CIA knew. She was undercover and agency asked us not to print her name.” Gina Haspel is now slated to become the second-most powerful official at the CIA despite – or because of – the central, aggressive, sustained role she played in many of the most grotesque and shameful abuses of the War on Terror.
Top photo: An interrogation room in Camp Delta for detainees from the U.S. war in Afghanistan is shown April 7, 2004 in Guantanamo Bay, Cuba.
Un Français sur deux ne fait pas confiance aux médias
Un Français sur deux ne fait pas confiance aux médias
JEUDI, 2 FĂVRIER, 2017
HUMANITE.FR
L’intĂ©rĂȘt des Français pour l’actualitĂ© est au plus bas. Le baromĂštre annuel des mĂ©dias Kantar/La Croix vient de tomber, et il rĂ©vĂšle aussi que seul un Français sur deux fait confiance dans les informations relayĂ©es par les mĂ©dias.
A l’orĂ©e d’une annĂ©e Ă©lectorale majeure dans un contexte de montĂ©e des populismes, l’intĂ©rĂȘt des Français pour l’information enregistre son plus mauvais score en trente ans. Seuls 64% des Français dĂ©clarent s’intĂ©resser Ă l’actualitĂ©, contre 70% en 2016. Ce chiffre descend Ă 56% chez les jeunes.
Seul 1 Français sur 4 fait confiance à Internet
La radio reste le média le plus crédible pour 52% des Français, suivi des journaux, puis de la télévision. Seuls 26% font confiance à Internet.
Les Français s’informent en premier lieu par la tĂ©lĂ©vision (48%), suivi d’Internet (25%), puis de la radio (20%), et enfin par la presse papier (seulement 6%). Les chaĂźnes d'information sont moins regardĂ©es qu'en 2016 pour "approfondir les sujets d'actualitĂ©" avec 30% d'utilisateurs, contre 44% l'annĂ©e derniĂšre.
Seul 1 Français sur 4 pense que les journalistes sont indépendants
Pas moins de 76% des Français pensent que les journalistes ne sont pas indĂ©pendants des pressions politiques, et 73% pensent qu’ils ne rĂ©sistent pas aux pressions de l’argent. Sur internet, 28% s’informent via les sites ou applications mobiles de la presse Ă©crite, 19% sur les rĂ©seaux sociaux. Chez les 18-24 ans, les rĂ©seaux sociaux sont la principale source d’information pour 41% d’entre eux.
8 Français sur 10 exposés aux fausses informations
83% des Français affirment avoir été à maintes reprises exposés à de fausses informations. Et tous ne savent pas les identifier, si bien que 4 Français sur 10 a cru à la rumeur sur les HLM mis à la disposition des migrants, par exemple. Seuls 60% des personnes disent lire une information avant de la partager.
7 Français sur 10 ne font pas confiance aux informations sur les réseaux sociaux
Sur les douze derniers mois, 56% ont été utilisateurs des réseaux sociaux, et 73% ne font pas confiance aux informations circulant dessus. Ils sont 78% à estimer que les journalistes jouent un rÎle important dans les élections présidentielles à venir. Ce sondage a été réalisé auprÚs de 1011 personnes représentatives de la population entre le 5 et le 9 janvier.
vrijdag 3 februari 2017
Fake News
Nothing Is Real: When Reality TV Programming Masquerades as Politics
Donald Trump no longer needs to launch Trump TV.
He’s already the star of his own political reality show.
Americans have a voracious appetite for TV entertainment, and the Trump reality show—guest starring outraged Democrats with a newly awakened conscience for immigrants and the poor, power-hungry Republicans eager to take advantage of their return to power, and a hodgepodge of other special interest groups with dubious motives—feeds thatappetite for titillating, soap opera drama.
After all, who needs the insults, narcissism and power plays that are hallmarks of reality shows such as Celebrity Apprentice or Keeping Up with the Kardashians when you can have all that and more delivered up by the likes of Donald Trump and his cohorts?
Yet as John Lennon reminds us, “nothing is real,” especially not in the world of politics.
Much like the fabricated universe in Peter Weir’s 1998 film The Truman Show, in which a man’s life is the basis for an elaborately staged television show aimed at selling products and procuring ratings, the political scene in the United States has devolved over the years into a carefully calibrated exercise in how to manipulate, polarize, propagandize and control a population.
Indeed, Donald Trump may be the smartest move yet by the powers-that-be to keep the citizenry divided and at each other’s throats, because as long as we’re busy fighting each other, we’ll never manage to present a unified front against tyranny in any form.
This is the magic of the reality TV programming that passes for politics today.
It allows us to be distracted, entertained, occasionally a little bit outraged but overall largely uninvolved, content to remain in the viewer’s seat.
The more that is beamed at us, the more inclined we are to settle back in our comfy recliners and become passive viewers rather than active participants as unsettling, frightening events unfold.
Reality and fiction merge as everything around us becomes entertainment fodder.
We don’t even have to change the channel when the subject matter becomes too monotonous. That’s taken care of for us by the programmers (the corporate media).
For instance, before we could get too worked up over government surveillance, the programmers changed the channels on us and switched us over to breaking news about militarized police. Before our outrage could be transformed into action over police misconduct, they changed the channel once again to reports of ISIS beheadings and terrorist shootings. Before we had a chance to challenge what was staged or real, the programming switched to the 2016 presidential election.
“Living is easy with eyes closed,” says Lennon, and that’s exactly what reality TV that masquerades as American politics programs the citizenry to do: navigate the world with their eyes shut.
As long as we’re viewers, we’ll never be doers.
Studies suggest that the more reality TV people watch—and I would posit that it’s all reality TV—the more difficult it becomes to distinguish between what is real and what is carefully crafted farce.
“We the people” are watching a lot of TV.
On average, Americans spend five hours a day watching television. By the time we reach age 65, we’re watching more than 50 hours of television a week, and that number increases as we get older. And reality TV programming consistently captures the largest percentage of TV watchers every season by an almost 2-1 ratio.
This doesn’t bode well for a citizenry able to sift through masterfully-produced propaganda in order to think critically about the issues of the day, whether it’s fake news peddled by government agencies or foreign entities.
Those who watch reality shows tend to view what they see as the “norm.” Thus, those who watch shows characterized by lying, aggression and meanness not only come to see such behavior as acceptable and entertaining but also mimic the medium.
This holds true whether the reality programming is about the antics of celebrities in the White House, in the board room, or in the bedroom.
It’s a phenomenon called “humilitainment.”
A term coined by media scholars Brad Waite and Sara Booker, “humilitainment” refers to the tendency for viewers to take pleasure in someone else’s humiliation, suffering and pain.
“Humilitainment” largely explains not only why American TV watchers are so fixated on reality TV programming but how American citizens, largely insulated from what is really happening in the world around them by layers of technology, entertainment, and other distractions, are being programmed to accept the brutality, surveillance and dehumanizing treatment of the American police state as things happening to other people.
The ramifications for the future of civic engagement, political discourse and self-government are incredibly depressing and demoralizing.
This not only explains how a candidate like Donald Trump with a reputation for being rude, egotistical and narcissistic could get elected, but it also says a lot about how a politician like Barack Obama—whose tenure in the White House was characterized by drone killings, a weakening of the Constitution at the expense of Americans’ civil liberties, and an expansion of the police state—could be hailed as “one of the greatest presidents of all times.”
This is what happens when an entire nation—bombarded by reality TV programming, government propaganda and entertainment news—becomes systematically desensitized and acclimated to the trappings of a government that operates by fiat and speaks in a language of force.
Ultimately, as I make clear in my book Battlefield America: The War on the American People, the reality shows, the entertainment news, the surveillance society, the militarized police, and the political spectacles have one common objective: to keep us divided, distracted, imprisoned, and incapable of taking an active role in the business of self-government.
If “we the people” feel powerless and apathetic, it is only because we have allowed ourselves to be convinced that the duties of citizenship begin and end at the ballot box.
Marching and protests have certainly been used with great success by past movements to foment real change, but if those marches and protests are merely outpourings of discontent because a particular politician won or lost with no solid plan of action or follow-through, then what’s the point?
Martin Luther King Jr. understood that politics could never be the answer to what ailed the country. That’s why he spearheaded a movement of mass-action strategy that employed boycotts, sit-ins and marches. Yet King didn’t march against a particular politician or merely to express discontent. He marched against injustice, government corruption, war, and inequality, and he leveraged discontent with the status quo into an activist movement that transformed the face of America.
When all is said and done, it won’t matter who you voted for in the presidential election. What will matter is where you stand in the face of the injustices that continue to ravage our nation: the endless wars, the police shootings, the overcriminalization, the corruption, the graft, the roadside strip searches, the private prisons, the surveillance state, etc.
Will you tune out the reality TV show and join with your fellow citizens to push back against the real menace of the police state, or will you merely sit back and lose yourself in the political programming aimed at keeping you imprisoned in the police state?
John W. Whitehead, Newsbud Contributing Author & Analyst, is an attorney and author who has written, debated and practiced widely in the area of constitutional law and human rights. He is the president and spokesperson of the Rutherford Institute. Mr. Whitehead is the author of numerous books on a variety of legal and social issues, including A Government of Wolves: The Emerging American Police State. He has a Bachelor of Arts degree from the University of Arkansas and a Juris Doctorate degree from the University of Arkansas School of Law, and served as an officer in the United States Army from 1969 to 1971.
The Clinton Gang
Clinton Gang Push for War with Iran 81
30 Jan, 2017 in Uncategorized by craig
So what are the Clinton gang doing while Trump introduces anti-Muslim immigration discrimination? Oh, they are pushing for war with Iran, which might give pause to some who think the world would have been less awful had Hillary won.
Here is the front page of the resolution introduced into the House of Representatives by Democrat Alcee L Hastings, an extremely close ally of Debbie Wasserman Schultz, who had to resign in disgrace as chair of the Democratic National Committee after WikiLeaks published emails establishing her corrupt endeavours to fix the primary elections for Hillary against Bernie Sanders.
The Resolution reads “To authorize the use of the United States Armed Forces to achieve the goal of preventing Iran from obtaining nuclear weapons.”
There is in fact no evidence that Iran is continuing a covert programme to produce nuclear weapons. British, French and Russian intelligence all assess that Iran is sticking to its agreements and – here is a key point – so do the CIA. But when did politicians ever let facts stand in their way?
Trump’s mad visa ban, which excludes Saudi Arabia and the Gulf States which are the main financiers, armers, ideologues and exporters of Salafist terrorism, turns out to be imposed on the countries which were on Obama’s watchlist. As the Hastings resolution shows, the anti-Iranian and pro-Saudi madness is bipartisan. To include Iran but exclude Saudi Arabia is further evidence of the twisting of US foreign policy to serve the interests of Saudi Arabia and its ally Israel. This infographic has been compiled based on research by the Cato Institute. I would add the caveat that it refers to terrorist attacks inside America.
The full piece it is derived from is well worth reading. I am not in general a fan of the Cato Institute, but they deserve commendation for consistency in their anti-authoritarian line.
These are dangerous times. And with the Democrats vying for “dumb patriot” support and seeking to outflank Trump to the right by roaring him on to a military attack on Iran, and seeking to push through legislation to promote that, there appear few influential voices of reason in the USA at present.
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