Month: May 2012

Spirits of Darkness Spirits of Light

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Mystic Tourist | May 23 2012

While Devils, Demons and Satans influence us we are distracted. There are better spirits. So long as we lend shelter to Demons and Satans, by maintaining our relations with our personal Devil or Devils, ignorance prevails. These spirits can only exist in the shadowy world of ignorance where we pretend we do not see them. We have to make that agreement with them and then every subsequent agreement gains instant ignorance. We are all agreed, that our condition, as human, will include this definition. So long as we support this agreement all spirits are affected by it.

I have long been content to keep my knowledge of spirits private. Some people believe in such and others are sure people who make such claims are being dishonest or they are not well. That there is some sort of psychological deficiency. This blog has emboldened me. I have seen these spirits so believing they exist is not much of a stretch. What else am I to do when they make themselves known? I suppose I could imagine that I am not well but I know that I am. Better to ask just what is going on. That is the path I have chosen and so I write about my observation. About what I have seen.

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Travis Waldron ~ Former MF Global CEO Jon Corzine Gets $8 Million Pay Package After Firm Went Bankrupt

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Nation Of Change | May 22 2012

Jon Corzine, the former chief executive of bankrupt financial firm MF Global, received an $8 million pay package in the year his company plummeted into bankruptcy and faced a shortfall in customer funds totaling $1.6 billion.

Corzine resigned from the firm and turned down an $11 million severance package after MF Global filed for bankruptcy October, and he is not likely to realize the more than $5 million of his pay package that is tied to the firm’s now worthless stock. But he didn’t walk away empty-handed, the Wall Street Journal reports:

About $5.35 million of Mr. Corzine’s compensation came in the form of stock options, which are now worthless as a result of MF Global’s failure. Still, the former New Jersey governor and Goldman Sachs Group Inc. chairman got more than $3 million in cash compensation, including a $1.25 million bonus.

Though Corzine may be the most extreme example, he isn’t the only financial industry CEO whose pay is out-of-whack with the performance of the company he oversees. In 2011, Bank of America CEO Brian Moynihan made six times what he made in 2010 even as the bank’s stock price was cut in half. Goldman Sachs CEO Lloyd Blankfein’s pay increased 13.7 percent (to $19 million) in 2011, even as shareholder return declined 45.6 percent. Wells Fargo CEO John Stumpf received a 2.1 percent bump in pay (to $17.9 million); the company’s shareholders saw their returns decline 9.5 percent.

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TSA Alienates Americans One Grope At A Time

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RTAmerica | May 22 2012

According to a new study by the Department of Homeland Security, the Transportation Security Administration has not been doing a good job tracking or reporting its findings. Many Americans say this only confirms what they already knew, but allege the TSA has become more of a joke then a benefit. Jonathan Corbett, president of Fourten Technologies, joins us with more.

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Homeland Security In The Land Of The Free

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theintelhub.com | May 21, 2012

The horror stories about the Transportation Security Administration are indisputable. In the post 911 environment, civil liberties routinely ignored or eliminated, become a mere memory in a country that once prided itself as the beacon of freedom for the entire world.

The TSA is part of the Department of Homeland Security. FEMA, the Federal Emergency Management Agency is also an agency of DHS.

The public relation spin for the purpose of such authorities is to protect citizens and guard the nation.

The reality is that DHS bureaus have the same mission, keep the government safe from potential real or imaginary threats. Interpret threats to mean anyone who opposes the establishment regime, now known as, the military-industrial-financial-security complex.

DHS is the third largest Cabinet department, after the Departments of Defense and Veterans Affairs. A Department of Homeland Security site acknowledges a FY 2012 Budget of $56,941,507,000, in the latest testimony of DHS Secretary Janet Napolitano before Congress,

“The Fiscal Year (FY) 2013 Budget for DHS is $58.6 billion in total budget authority, $48.7 billion in gross discretionary funding, and $39.5 billion in net discretionary funding.

Net discretionary budget authority is 0.5 percent below the FY 2012 enacted level. An additional $5.5 billion for the Disaster Relief Fund (DRF) is provided under the disaster relief cap adjustment, pursuant to the Budget Control Act of 2011 (BCA).”

Wikipedia cites a much higher amount, in fiscal year 2011 it, had allocated a budget of $98.8 billion and spent, net, $66.4 billion, with more than 200,000 employees.

Secretary Napolitano defines the assignments and tasks for the DHS.

The Budget builds on the progress the Department has made in each of its mission areas while also providing essential support to national and economic security.

Mission 1: Preventing Terrorism and Enhancing Security – Protecting the United States from terrorism is the cornerstone of homeland security. DHS’s counterterrorism responsibilities focus on three goals: preventing terrorist attacks; preventing the unauthorized acquisition, importation, movement, or use of chemical, biological, radiological, and nuclear materials and capabilities within the United States; and reducing the vulnerability of critical infrastructure and key resources, essential leadership, and major events to terrorist attacks and other hazards.

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Charles Ferguson ~ Heist Of The Century: Wall Street’s Role In The Financial Crisis

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Wall Street bankers could have averted the global financial crisis, so why didn’t they? In this exclusive extract from his book Inside Job, Charles Ferguson argues that they should be prosecuted.

Charles Ferguson – Bernard L Madoff ran the biggest Ponzi scheme in history, operating it for 30 years and causing cash losses of $19.5bn. Shortly after the scheme collapsed and Madoff confessed in 2008, evidence began to surface that for years, major banks had suspected he was a fraud.

None of them reported their suspicions to the authorities, and several banks decided to make money from him without, of course, risking any of their own funds. Theories about his fraud varied. Some thought he might have access to insider information. But quite a few thought he was running a Ponzi scheme. Goldman Sachs executives paid a visit to Madoff to see ifthey should recommend him to clients.

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