Beltway

Bilderberg announces 2008 conference! Charlie Rose!? Obama? Sebelius? Bernanke, Perle, Wolfowitz, Kissinger = PARTY TIME, EXCELLENT

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Ben Bernanke: I want COFFEE and FRESHLY MINTED $20s. NOW dammit.....

What's New at Bilderberg 2008?

Obama, Clinton staying mum on Bilderberg globalist confab

Turkish paper Today's Zaman: Rice hopes Turkey will solve issues through democracy

Off to Bilderberg conference

Responding to a question regarding his weekend schedule in the US later in the day, [Turkish Foreign Minister] Babacan revealed that he would be attending an international conference of people of influence in the fields of business, media and politics, known as the Bilderberg conference.

The unofficial invitation-only conference will take place from June 5 to June 8 at the Westfields Marriott Hotel in Chantilly, Virginia, this year. Last year, it was hosted at the Ritz Carlton Hotel in İstanbul. "We hosted this conference in İstanbul last year," Babacan said, without mentioning its name. He also said this is the fifth time he has been invited to the elite gathering.

The bad kids have shown up and made a mess of things! Dirty Tricks Campaign Against Alex Jones

Bilderberg 2008 - Day 3 Footage, U.S. Corporate Media Blackout On Bilderberg Meeting

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Due to unexpected publicity from the usual New World Order protester types, everyone's favorite secret annual conference (which can never be reported upon inside the United States) was forced to spell out the nature of their gig. Lulz...

Unexpected press release!! And now according to the Internets, Charlie Rose is in on it! Democratic governors Mark Sanford and Kathleen Sebelius (Tom Daschle too) - which means that you can bet your hat Sanford or Sebelius will be Obama's vice presidential choice.

Bilderberg Announces 2008 Conference: Financial News - Yahoo! Finance

Press Release

Source: American Friends of Bilderberg

Bilderberg Announces 2008 Conference
Thursday June 5, 8:10 pm ET

CHANTILLY, Va.--(BUSINESS WIRE)--The 56th Bilderberg Meeting will be held in Chantilly, Virginia, USA 5 8 June 2008. The Conference will deal mainly with a nuclear free world, cyber terrorism, Africa, Russia, finance, protectionism, US-EU relations, Afghanistan and Pakistan, Islam and Iran. Approximately 140 participants will attend, of whom about two-thirds come from Europe and the balance from North America. About one-third is from government and politics, and two-thirds are from finance, industry, labor, education and communications. The meeting is private in order to encourage frank and open discussion.

Bilderberg takes its name from the hotel in Holland, where the first meeting took place in May 1954. That pioneering meeting grew out of the concern expressed by leading citizens on both sides of the Atlantic that Western Europe and North America were not working together as closely as they should on common problems of critical importance. It was felt that regular, off-the-record discussions would help create a better understanding of the complex forces and major trends affecting Western nations in the difficult post-war period. The Cold War has now ended. But in practically all respects, there are more, not fewer, common problems - from trade to jobs, from monetary policy to investment, from ecological challenges to the task of promoting international security. It is hard to think of any major issue in either Europe or North America whose unilateral solution would not have repercussions for the other. Thus the concept of a European-American forum has not been overtaken by time. The dialogue between these two regions is still - even increasingly - critical.

What is unique about Bilderberg as a forum, is the broad cross-section of leading citizens that are assembled for nearly three days of informal and off-the-record discussion about topics of current concern especially in the fields of foreign affairs and the international economy; the strong feeling among participants that in view of the differing attitudes and experiences of the Western nations, there remains a clear need to further develop an understanding in which these concerns can be accommodated; the privacy of the meetings, which has no purpose other than to allow participants to speak their minds openly and freely. In short, Bilderberg is a small, flexible, informal and off-the-record international forum in which different viewpoints can be expressed and mutual understanding enhanced.

Bilderberg's only activity is its annual Conference. At the meetings, no resolutions are proposed, no votes taken, and no policy statements issued. Since 1954, fifty-five conferences have been held. The names of the participants are made available to the press. Participants are chosen for their experience, their knowledge, and their standing; all participants attend Bilderberg in a private and not an official capacity.

There will be no press conference. A list of participants is available by phone request at 703-818-3647 between 9am-5pm EDT June 6-7, 2008.



Contact:

American Friends of Bilderberg
Steven Lee, 703-818-3647

Source: American Friends of Bilderberg

******

PRESENTING THE ESTABLISHMENT (in alphabetical order!)

LiveLeak.com - Bilderberg Attendee List 2008

Bilderberg Attendee List 2008
Bilderberg Attendee List 2008
Chantilly, Virginia, USA
5-8 June 2008

CURRENT LIST OF PARTICIPANTS

Honorary Chairman
BEL Davignon, Etienne Vice Chairman, Suez-Tractebel

DEU Ackermann, Josef Chairman of the Management Board and the Group Executive Committee, Deutsche Bank AG
CAN Adams, John Associate Deputy Minister of National Defence and Chief of the Communications Security Establishment Canada
USA Ajami, Fouad Director, Middle East Studies Program, The Paul H. Nitze School of Advanced International Studies, The Johns Hopkins University
USA Alexander, Keith B. Director, National Security Agency
INT Almunia, Joaquín Commissioner, European Commission
GRC Alogoskoufis, George Minister of Economy and Finance
USA Altman, Roger C. Chairman, Evercore Partners Inc.
TUR Babacan, Ali Minister of Foreign Affairs
NLD Balkenende, Jan Peter Prime Minister
PRT Balsemão, Francisco Pinto Chairman and CEO, IMPRESA, S.G.P.S.; Former Prime Minister
FRA Baverez, Nicolas Partner, Gibson, Dunn & Crutcher LLP
ITA Bernabè, Franco CEO, Telecom Italia Spa
USA Bernanke, Ben S. Chairman, Board of Governors, Federal Reserve System
SWE Bildt, Carl Minister of Foreign Affairs
FIN Blåfield, Antti Senior Editorial Writer, Helsingin Sanomat
DNK Bosse, Stine CEO, TrygVesta
CAN Brodie, Ian Chief of Staff, Prime Minister's Office
AUT Bronner, Oscar Publisher and Editor, Der Standard
FRA Castries, Henri de Chairman of the Management Board and CEO, AXA
ESP Cebrián, Juan Luis CEO, PRISA
CAN Clark, Edmund President and CEO, TD Bank Financial Group
GBR Clarke, Kenneth Member of Parliament
NOR Clemet, Kristin Managing Director, Civita
USA Collins, Timothy C. Senior Managing Director and CEO, Ripplewood Holdings, LLC
FRA Collomb, Bertrand Honorary Chairman, Lafarge
PRT Costa, António Mayor of Lisbon
USA Crocker, Chester A. James R. Schlesinger Professor of Strategic Studies
USA Daschle, Thomas A. Former US Senator and Senate Majority Leader
CAN Desmarais, Jr., Paul Chairman and co-CEO, Power Corporation of Canada
GRC Diamantopoulou, Anna Member of Parliament
USA Donilon, Thomas E. Partner, O'Melveny & Myers
ITA Draghi, Mario Governor, Banca d'Italia
AUT Ederer, Brigitte CEO, Siemens AG Österreich
CAN Edwards, N. Murray Vice Chairman, Candian Natural Resources Limited

DNK Eldrup, Anders President, DONG A/S
ITA Elkann, John Vice Chairman, Fiat S.p.A.
USA Farah, Martha J. Director, Center for Cognitive Neuroscience;
Walter H. Annenberg Professor in the Natural Sciences, University of Pennsylvania
USA Feldstein, Martin S. President and CEO, National Bureau of Economic Research
DEU Fischer, Joschka Former Minister of Foreign Affairs
USA Ford, Jr., Harold E. Vice Chairman, Merill Lynch & Co., Inc.
CHE Forstmoser, Peter Professor for Civil, Corporation and Capital Markets Law, University of Zürich
IRL Gallagher, Paul Attorney General
USA Geithner, Timothy F. President and CEO, Federal Reserve Bank of New York
USA Gigot, Paul Editorial Page Editor, The Wall Street Journal

IRL Gleeson, Dermot Chairman, AIB Group
NLD Goddijn, Harold CEO, TomTom
TUR Gö?ü?, Zeynep Journalist; Founder, EurActiv.com.tr
USA Graham, Donald E. Chairman and CEO, The Washington Post Company
NLD Halberstadt, Victor Professor of Economics, Leiden University; Former Honorary Secretary General of Bilderberg Meetings
USA Holbrooke, Richard C. Vice Chairman, Perseus, LLC
FIN Honkapohja, Seppo Member of the Board, Bank of Finland
INT Hoop Scheffer, Jaap G. de Secretary General, NATO
USA Hubbard, Allan B. Chairman, E & A Industries, Inc.
BEL Huyghebaert, Jan Chairman of the Board of Directors, KBC Group
DEU Ischinger, Wolfgang Former Ambassador to the UK and US
USA Jacobs, Kenneth Deputy Chairman, Head of Lazard U.S., Lazard Frères & Co. LLC
USA Johnson, James A. Vice Chairman, Perseus, LLC
SWE Johnstone, Tom President and CEO, AB SKF
USA Jordan, Jr., Vernon E. Senior Managing Director, Lazard Frères & Co. LLC
FRA Jouyet, Jean-Pierre Minister of European Affairs
GBR Kerr, John Member, House of Lords; Deputy Chairman, Royal Dutch Shell plc.
USA Kissinger, Henry A. Chairman, Kissinger Associates, Inc.
DEU Klaeden, Eckart von Foreign Policy Spokesman, CDU/CSU
USA Kleinfeld, Klaus President and COO, Alcoa
TUR Koç, Mustafa Chairman, Koç Holding A.S.
FRA Kodmani, Bassma Director, Arab Reform Initiative
USA Kravis, Henry R. Founding Partner, Kohlberg Kravis Roberts & Co.
USA Kravis, Marie-Josée Senior Fellow, Hudson Institute, Inc.
INT Kroes, Neelie Commissioner, European Commission
POL Kwasniewski, Aleksander Former President
AUT Leitner, Wolfgang CEO, Andritz AG
ESP León Gross, Bernardino Secretary General, Office of the Prime Minister
INT Mandelson, Peter Commissioner, European Commission
FRA Margerie, Christophe de CEO, Total
CAN Martin, Roger Dean, Joseph L. Rotman School of Management, University of Toronto
HUN Martonyi, János Professor of International Trade Law; Partner, Baker & McKenzie; Former Minister of Foreign Affairs
USA Mathews, Jessica T. President, Carnegie Endowment for International Peace

INT McCreevy, Charlie Commissioner, European Commission
USA McDonough, William J. Vice Chairman and Special Advisor to the Chairman, Merrill Lynch & Co., Inc.
CAN McKenna, Frank Deputy Chair, TD Bank Financial Group
GBR McKillop, Tom Chairman, The Royal Bank of Scotland Group
FRA Montbrial, Thierry de President, French Institute for International Relations
ITA Monti, Mario President, Universita Commerciale Luigi Bocconi
USA Mundie, Craig J. Chief Research and Strategy Officer, Microsoft Corporation
NOR Myklebust, Egil Former Chairman of the Board of Directors SAS, Norsk Hydro ASA
DEU Nass, Matthias Deputy Editor, Die Zeit
NLD Netherlands, H.M. the Queen of the
FRA Ockrent, Christine CEO, French television and radio world service
FIN Ollila, Jorma Chairman, Royal Dutch Shell plc
SWE Olofsson, Maud Minister of Enterprise and Energy; Deputy Prime Minister
NLD Orange, H.R.H. the Prince of
GBR Osborne, George Shadow Chancellor of the Exchequer
TUR Öztrak, Faik Member of Parliament
ITA Padoa-Schioppa, Tommaso Former Minister of Finance; President of Notre Europe
GRC Papahelas, Alexis Journalist, Kathimerini
GRC Papalexopoulos, Dimitris CEO, Titan Cement Co. S.A.
USA Paulson, Jr., Henry M. Secretary of the Treasury
USA Pearl, Frank H. Chairman and CEO, Perseus, LLC
USA Perle, Richard N. Resident Fellow, American Enterprise Institute for Public Policy Research
FRA Pérol, François Deputy General Secretary in charge of Economic Affairs
DEU Perthes, Volker Director, Stiftung Wissenschaft und Politik
BEL Philippe, H.R.H. Prince
CAN Prichard, J. Robert S. President and CEO, Torstar Corporation
CAN Reisman, Heather M. Chair and CEO, Indigo Books & Music Inc.
USA Rice, Condoleezza Secretary of State
PRT Rio, Rui Mayor of Porto
USA Rockefeller, David Former Chairman, Chase Manhattan Bank
ESP Rodriguez Inciarte, Matias Executive Vice Chairman, Grupo Santander
USA Rose, Charlie Producer, Rose Communications
DNK Rose, Flemming Editor, Jyllands Posten
USA Ross, Dennis B. Counselor and Ziegler Distinguished Fellow, The Washington Institute for Near East Policy
USA Rubin, Barnett R. Director of Studies and Senior Fellow, Center for International Cooperation, New York University
TUR ?ahenk, Ferit Chairman, Do?u? Holding A.?.
USA Sanford, Mark Governor of South Carolina
USA Schmidt, Eric Chairman of the Executive Committee and CEO, Google
AUT Scholten, Rudolf Member of the Board of Executive Directors, Oesterreichische Kontrollbank AG
DNK Schur, Fritz H. Fritz Schur Gruppen
CZE Schwarzenberg, Karel Minister of Foreign Affairs
USA Sebelius, Kathleen Governor of Kansas
USA Shultz, George P. Thomas W. and Susan B. Ford Distinguished Fellow, Hoover Institution, Stanford University

ESP Spain, H.M. the Queen of
CHE Spillmann, Markus Editor-in-Chief and Head Managing Board, Neue Zürcher Zeitung AG
USA Summers, Lawrence H. Charles W. Eliot Professor, Harvard University
GBR Taylor, J. Martin Chairman, Syngenta International AG
USA Thiel, Peter A. President, Clarium Capital Management, LLC
NLD Timmermans, Frans Minister of European Affairs
RUS Trenin, Dmitri V. Deputy Director and Senior Associate, Carnegie Moscow Center
INT Trichet, Jean-Claude President, European Central Bank
USA Vakil, Sanam Assistant Professor of Middle East Studies, The Paul H. Nitze School of Advanced International Studies, Johns Hopkins University
FRA Valls, Manuel Member of Parliament
GRC Varvitsiotis, Thomas Co-Founder and President, V + O Communication
CHE Vasella, Daniel L. Chairman and CEO, Novartis AG
FIN Väyrynen, Raimo Director, The Finnish Institute of International Affairs
FRA Védrine, Hubert Hubert Védrine Conseil
NOR Vollebaek, Knut High Commissioner on National Minorities, OSCE
SWE Wallenberg, Jacob Chairman, Investor AB
USA Weber, J. Vin CEO, Clark & Weinstock
USA Wolfensohn, James D. Chairman, Wolfensohn & Company, LLC
USA Wolfowitz, Paul Visiting Scholar, American Enterprise Institute for Public Policy Research
INT Zoellick, Robert B. President, The World Bank Group

Rapporteurs
GBR Bredow, Vendeline von Business Correspondent, The Economist
GBR Wooldridge, Adrian D. Foreign Correspondent, The Economist

AUT Austria HUN Hungary
BEL Belgium INT International
CHE Switzerland IRL Ireland
CAN Canada ITA Italy
CZE Czech Republic NOR Norway
DEU Germany NLD Netherlands
DNK Denmark PRT Portugal
ESP Spain POL Poland
FRA France RUS Russia
FIN Finland SWE Sweden
GBR Great Britain TUR Turkey
GRC Greece
USA United States of America

Meanwhile here is the list of attendees going around the Internets!

Barack Obama ditches his press corps to go hang out!! Behind the Scenes: Obama press 'hijacked' during Clinton meeting - CNN.com

The press soon noticed there were far too few people aboard for a standard campaign flight. Something was different. It's fair to say that the term "everyone" was used a bit loosely -- especially when the presumptive nominee appeared to be missing.

As the plane taxied, communications director Robert Gibbs admitted that Obama was remaining behind because he "wasn't going to be back in D.C. for a while" and had "scheduled some meetings" before he left.

Obama staffers, including Gibbs and Linda Douglass, a newly appointed senior adviser and campaign spokeswoman, didn't ask the reporters on board if they'd prefer to wait on the runway in Washington until the meetings concluded. They were going to Chicago. Without Barack Obama.....

Once airborne, a timid and slightly giggly Gibbs granted the confused and agitated press corps a meeting, one that any eyewitness would have easily labeled contentious and heated. Video Watch the riled press corps grill Gibbs »

Gibbs took on a barrage of questions, and, to his credit, listened to what he called the "anticipated grievances" from the press for almost 20 minutes.

"He's having a secret meeting tonight, and we're not going to see him until Monday" because of three scheduled "down days," one reporter began. "I'd like to say that's unacceptable. He's the -- "

"Presumptive Democratic nominee?" Gibbs finished, adding a giggle. "Yeah."

Questions centered largely on why the press was essentially held hostage with no candidate and no choice but to fly to Chicago on a chartered plane -- a flight many news organizations pay thousands of dollars to keep their journalists stationed on, ideally with the candidate.

"We're not paying however much this plane is to be here -- no offense -- with you," one reporter said to Gibbs as the largely newsless news conference wrapped up.

When pressed, Gibbs admitted he was responsible for how the situation was handled.

"It wasn't an attempt to deceive in any way," he said. "It was just private meetings."

LiveLeak.com - Hillary & Obama In Secret Bilderberg Rendezvous, LiveLeak.com - Bilderberg boys will decide who’s Obama’s “chosen” Veep Sure, why not?!

Photos! Bilderberg Meeting 2008 Photos, Flickr: shepherdjohnson's Photostream

And don't forget, you government schlubs! Meeting with foreign heads of state and other agents of influence without filing your activities with the State Department is illegal under the Logan Act!

Can't wait to cut off their government salaries!

Here's some quality satire: Bilderberg Group orders end to Obama-Clinton contest « Sir Satire’s New World Order News Service

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The two presidential hopefuls were summoned to the Bilderberg Group annual meeting, where they were both informed that Obama would play the part of the Democratic candidate this election year. Clinton is reported to have begged Lord Rothschild and David Rockefeller — both senior level Bilderbergers — for forgiveness following her poor campaign performance this past year.

“Mrs. Clinton was very upset,” said a male prostitute who services some of the male Bilderberg members. “She said David Rockefeller was behind the push to oust her from the race. She had apparently been promised a comeback effort by Lord Rothschild like the kind that was granted to her husband Bill Clinton in the early 1990s, when it looked like he was going to be out of the presidential race.”

Negative Return on Investment Economy: Katherine Austin Fitts and the fake war on drugs

Katherine Fitts knows the Real Deal about the Shadow Economy, Iran Contra stock fraud, the basic structure of the prison industrial complex, and other key areas. She worked in GOP presidencies and observed all the marvelous cut-outs, pass-throughs, cartel rip-offs, overall money-laundering insanity and all the other 1980s-1990s Michael Milken-style insider classics.

After her software started mapping out relationships between mortgage defaults and money laundering (geospatial modeling rendered Los Angeles CIA cocaine operations' capital flows into rather obvious blips). The Department of Justice put a stop to Hamilton Securities and ripped off their stuff.

The theories of how these "waste of money" institutions like the prison-industrial complex are really quite well-designed cash funnels for the usual interlocking bastards. DynCorp and Lockheed Martin entering these areas has not done wonders for their transparency.

(She certainly helped Michael Ruppert get a handle on the Iran Contra cocaine flow from the financial side @ From The Wilderness and copvcia.com. Good times!)

I previously noted Fitts on the famous Jane Cat Witness Drive-By Shooting at MCTC College Next To My Apartment Diagram post of March 2006:

Harmon-Spruce2

Too much drama in the LBC; or I could have had my own Zapruder film" / Narco News: Dillon, Read & Co. Inc. and the Aristocracy of Prison Profits: Part IV

and also on Another Great Moment: New York Stock Exchange chairman Grasso visits Colombia - 1999 : Narco-Dollars For Dummies (Part 3): How The Money Works In The Illicit Drug Trade:



In late June 1999, numerous news services, including Associated Press, reported that Richard Grasso, Chairman of the New York Stock Exchange flew to Colombia to meet with a spokesperson for Raul Reyes of the Revolutionary Armed Forces of Columbia (FARC), the supposed "narco terrorists" with whom we are now at war.

Nyse-Money-Laundering


Just a brief excerpt of Fitts work:

Mapping the Real Deal: The American Tapeworm

Wednesday, 30 April 2003

The “Break It-Fix It” Subsidy of a Negative Return on Investment Economy

For several years, I have been studying and writing on the corporate and banking economic warfare model of globalization. Just from a case study of one private investor, Pug Winokur, and his investments in and with DynCorp, Enron and Harvard, examples abound.

- US neighborhoods are overrun with narcotics trafficking and HUD financial fraud while systematically worked by enforcement, seizure and War on Drugs teams supported by DynCorp and generating profits for the Harvard Endowment;

- Latin American pipelines, water and other assets are sold for significant discounts to market value to Enron and other multinational investors while DynCorp helps War on Drugs military teams move peasants off the lands;

- Russian banks and pension funds are emptied out by organized crime and laundered through NY Fed member banks while Harvard as financial advisor helps privatize Russian oil companies over to their endowment investment network;

- DynCorp personnel supplying police and aircraft maintenance are active with local mafia in Eastern Europe and practice buying and selling children as slaves which they use for sex;

- $3.3 trillion is missing from the Department of Defense and the Department of Housing Development where Lockheed, DynCorp & AMS are active managing computer systems and Harvard supplies appointees and contract services.

- Manipulation of the gold markets by the US Treasury and NY Fed member banks are led by Larry Summers, Secretary of the Treasury, and now President of Harvard and his predecessor Robert Rubin, Secretary of Treasury, and now member of the Harvard Corporation Board.

These shenanigans are well documented by a series of courageous reporters and market commentators, including Anne Williamson, Greg Palast, Kelly O’Meara, William Murphy and Chris Sanders.

This tapeworm operates globally. It has been winning at economic warfare because those opposed to it cannot see it clearly and are not yet networked globally to move people, places and capital out of its reach. My pastor, Bishop Alfred Owens, says, “If we can face it, God can fix it.” Indeed, divine authority is hamstrung-- waiting for the necessary global networks to align around a common map of the real deal about global consolidation of economic and political power --- and the resulting liquidation of wealth.

This tapeworm is managed tightly by the cartels that syndicate around central banking and warfare and it has four phases:

- Phase One--Break It: Private syndicates make money destroying a place through organized crime, covert operations, warfare or a variety of both;

- Phase Two- Buy It: The profit generated from breaking it is used to buy or seize “legal control” at a discount;

- Phase Three- Fix It: Government funding, credit and subsidies are then used to “fix it” while harvesting remaining assets, including with narcotics trafficking, sex slavery and any other form of liquidating the human, intellectual, environmental and physical capital in a place:

- Phase Four—Declare Victory: Victory is then declared and a flow of foundation and academic grants funded by the “break it-fix it” profits generate awards, photo opportunities and official archives and documentations for the perpetrators to be admired for their bringing of advanced civilization to the natives.

What emerges from an investment banker’s analysis of billions of transactions involved in situation after situation, in place after place, in year after year, is surprisingly simple.

We are watching a global first world economy that has a negative return on investment.

For example, in 1997 I lead an analysis of US federal expenditures and credit activities in the Philadelphia area for a group of US pension fund leaders. After analysis of the detailed data resulting from $10 billion of government reengineering and $400 billion of federal credit portfolio strategy managed by my company, the evidence was overwhelming ---the federal investment in Philadelphia had a negative return on investment. In short, government budgets were rigging profits and income for companies and people in the area. After each year of government investment, Philadelphia spent more time doing things that were fundamentally not productive and so had been paid to grow “stupider.”

The deterioration in environment, culture, infrastructure and quality of life in Philadelphia that was obvious from walking around the city matched the numbers rather than the spin in the corporate news that the economy was doing well. Equity yields were falling steadily and only cooked government and corporate books could make it look otherwise. The primary thing on the rise was the smugness of the leaders of Philadelphia institutions as their success at covert management and personal “personnel benefits” grew ever stronger.

***********

See also: her column: Scoop Features: Catherine Austin Fitts - The Real Deal.

Much more recent news:

Dillon Read And The Aristocracy Of Stock Profits
Saturday, 25 August 2007
Column: Catherine Austin Fitts

I made the decision to write “Dillon, Read & Co. Inc. and the Aristocracy of Stock Profits” in the middle of a vegetable garden in Montana during the summer of 2005. I had come to Montana to develop a venture capital model to support a healthier, fresher local food supply. If we want clean water, fresh food, sustainable infrastructure, and healthy communities, we are going to have to finance and govern these resources ourselves. We cannot invest in the stocks and bonds of large corporations, banks and governments that are harming our food, water, environment and all living things and then expect these resources to be available when we need them.

Surviving and thriving as a free people depends on creating and transacting with currencies and investments other than those printed and manipulated by Wall Street and Washington to the eventual end of our rights and assets.

What I found in Montana, however, was what I have found in communities all across America. We are so financially entangled in the federal government and large corporations and banks that we cannot see our complicity in everything we say we abhor. Our social networks are so interwoven with the institutional leadership — government officials, bankers, lawyers, professors, foundation heads, corporate executives, investors, fellow alumni — that we dare not hold our own families, friends, colleagues and neighbors accountable for our very real financial and operational complicity. While we hate "the system," we keep honoring and supporting the people and institutions that are implementing the system when we interact and transact with them in our day-to-day lives. Enjoying the financial benefits and other perks that come from that intimate support ensures our continued complicity and contribution to fueling that which we say we hate.

Standing among the beautiful vegetables and flowers that Montana summer day, I was facing the futility of trying to craft investment solutions without some basic consensus about the economic tapeworm that is killing us and all living things — while we blindly feed the worm. In a world of economic warfare, we have to see the strategy behind each play in the game. We have to see the economic tapeworm and how it works parasitically in our lives. A tapeworm injects chemicals into a host that causes the host to crave what is good for the tapeworm. In America, we despair over our deterioration, but we crave the next injection of chemicals from the tapeworm.

With this in mind, I decided to write “Dillon Read & Co Inc. and the Aristocracy of Stock Profits” as a case study designed to help illuminate the deeper system. It details the story of two teams with two competing visions for America. The first was a vision shared by my old firm on Wall Street — Dillon Read — and the Clinton Administration with the full support of a bipartisan Congress. In this vision, America's aristocracy makes money by ensnaring our youth in a pincer movement of drugs and prisons and wins middle class support for these policies through a steady and growing stream of government funding and contracts for War on Drugs activities at federal, state and local levels. This consensus is made all the more powerful by the gush of growing debt and derivatives used to bubble the housing and mortgage markets, manipulate the stock and precious metals markets and finance trillions missing from the US government in the largest pump and dump in history — the pump and dump of the entire American economy. This is more than a process designed to wipe out the middle class. This is genocide — a much more subtle and lethal version than ever before perpetrated by the scoundrels of our history texts.

This case study provides a detailed example of the financial kickback machinery that makes the process go. It works something like this. A group of executives and investors start a company. Rather than build a business the old fashioned way, company profits are pumped up with government legislation, contracts, regulation, financing, subsidies and/or enforcement. This dramatically increases the value of the company's financial equity. The company and its initial investors then sell their stock at a profit. Such profits replenish contributions made to the kind of politicians who can arrange such government benefits. Such profits also fund philanthropy to foundations and universities that have large endowments that invest along side the investors. These tax-exempt organizations provide graduates to staff positions in the game, intellectual justification to attract popular support and photo opportunities which bestow legitimacy and social stature. Personnel cycle through the management and boards of business, government and academia, as real productivity falls and government deficits grow.

The second vision was shared by my investment bank in Washington — The Hamilton Securities Group — and a small group of excellent government civil servants and appointees who believed in the power of education, hard work and a new partnership between people, land and technology. This vision would allow us to pay down public and private debt and create new business, infrastructure and equity. We believed that new times and new technologies called for a revival that would permit decentralized efforts to go to work on the hard challenges upon us — population, environment, resource management and the rapidly growing cultural gap between the most technologically proficient and the majority of people. We believed that private and public capital should flow to that which was most economically productive rather than be mixed in a complex cocktail of insider deals designed to hollow out the American economy and culture.

My hope is that “Dillon, Read & the Aristocracy of Stock Profits” will help you to see the game sufficiently to recognize the dividing line between two visions. One centralizes power and knowledge in a manner that tears down communities and infrastructure as it dominates wealth and shrinks freedom. The other diversifies power and knowledge to create new wealth through rebuilding infrastructure and communities and nourishing our natural resources in a way that reaffirms our ancient and deepest dream of freedom.

My hope is that as your powers grow to see the financial game and the true dividing lines, you will be better able to build networks of authentic people inventing authentic solutions to the real challenges we face. My hope is that you will no longer invite into your lives and work the people and organizations that sabotage real change. If enough of us come clean and hold true to the intention to transform the game, we invite in the magic that comes in dangerous times.

Yes, there is a better way and, yes, we can create it.

*********

This is an interesting case...

Flying killer robots; Russians up to something

UK Register: USAF seeks control of aerial kill-bots:

Everyone knows about the current rise of the aerial killer robot. These machines are now in operation across the US military, and have already reaped a deadly harvest in Southwest Asia.

But the big deathbot battle isn't, in fact, in Iraq of Afghanistan; it's between the various branches of the US armed services, regarding who will be in charge of all the new flying slaughter machines and spy-eyes.

The United States Air Force (USAF) has been engaged for at least two years now in an attempt to seize control of almost all US military drones and flying kill-bots. The USAF was arguably left at the starting line in this rapidly-growing death-tech arena, perhaps due to the natural reluctance of human pilots to see their jobs automated out of existence.

Both the US Navy and Marines have strong aviator subcultures, of course, and even the US Army has huge numbers of helicopter drivers, but only in the USAF is the aircrew dominance total.

USAF generals are often vocally sceptical about unmanned aircraft, and the USAF has so far failed to move forward with serious, heavy, jet-powered drone combat aircraft.

Even its prop-driven Predator-B/Reaper hunter-killer, thus far the heftiest aerial death-droid in operation, must be handled remotely by a fully-qualified human pilot and sensor operator.

Yikes. Relevant article I can't find a fulltext of, but very sweet: The Coming Robot Army: America's future killing machines. Sweet in an evil way. It was pretty creepy how all these military-industrial pitchmen kept talking about Hollywood-oriented styles and prospects for more wars with fewer casualties. Far more cash for the military-industrial complex, they're circling it like vultures.

Doonesbury has had a thing about shady Beltway lobbyists working for brutal dictators, a subject of a sweet undercover story in Harper's by Ken Silverstein. Sorry, pay only :(

Bush wants the money.

Russian Tu-95 bombers cruised over to Guam in a new example of Russians acting like Russians.

Paul Craig Roberts is an old conservative guy who's turned way against the Bush administration, going far enough to warn of staged false-flag 'Gulf of Tonkin' style incidents to start a war with Iran. "Uncle Sam, your banker will see you now" and "US Hegemony Spawns Russian-Chinese Military Alliance."

I just posted a huge summary of the MnDOT bridge collapse documents at Politics in Minnesota. I will repost it here later. That is all right now.

Shock and awe in the Palfrey affair: Huge DC establishment sex scandal on the way!

Here's a funny one. A deputy secretary of state, Randall Tobias, just had to quit because he was getting hookers for a long time. Good news? Yep, but wait there's more.

Tobias' private cell number was among thousands of numbers listed in the telephone records provided to ABC News by Jeane Palfrey, the woman dubbed the "D.C. Madam," who is facing the federal charges.

In an interview to be broadcast on "20/20" next Friday, Palfrey says she intends to call Tobias and a number of her other prominent D.C. clients to testify at her trial.

"I'm sure as heck not going to be going to federal prison for one day, let alone, four to eight years, because I'm shy about bringing in the deputy secretary of whatever," Palfrey told ABC News.

Tobias quit because his phone number was released to the media after a DC "escort service" operator, Jeane Palfrey, has gotten herself into a huge trial. Right now ABC 20/20 is roaming all over town with a huge list of phone numbers.

The last guy to fall under Palfrey's revenge on the Dirty Old Men of the Beltway a couple weeks ago was Harlan Ullman, the defense strategist who invented "shock and awe" to intimidate Ayrabs.

I've been waiting to see if the shit would hit the fan... and indeed, now it's finally starting to. Who else will get nailed? LOL...

So we salute the efforts of the honest Palfrey, who will expose how dirty those ol moralizing hypocrites really are.

How many will fall under their own hypocrisy? We all wait with popcorn...

Washington Post on their swamp of a capital.

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