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Friday, October 26, 2012

Just Like Joseph Stalin Said: Romney Family Investment Ties To Voting Machine Company That Could Decide The Election Causing Concern

It is enough that the people know there was an election.  The people who cast the votes decide nothing.  The people who count the votes decide everything.

Joseph Stalin
 
Has Joseph Stalin foreshadowed Republican [God's Only Party] Values?  
 
 

Animal Farm This!

Romney Family Investment Ties To Voting Machine Company That Could Decide The Election Causing Concern
 
 

Its 3:00 a.m.  on November 7, 2012.

With the painfully close presidential election now down to who wins the battleground state of Ohio, no network dares to call the race and risk repeating the mistakes of 2000 when a few networks jumped the gun on picking a winner.

As the magic boards used by the networks go up close and personal on every county in the Buckeye State, word begins to circulate that there might be a snafu with some electronic voting machines in a number of Cincinnati based precincts.  There have already been complaints that broken machines were not being quickly replaced in precincts that tend to lean Democratic and now, word is coming in that there may be some software issues.

The network political departments get busy and, in short order, discover that the machines used in Hamilton County, Ohiothe county home of Cincinnati are supplied by Hart Intercivic, a national provider of voting systems in use in a wide variety of counties scattered throughout the states of Texas, Oklahoma, Hawaii, Colorado and Ohio.

A quick Internet search reveals that there may be reason for concern.

A test conducted in 2007 by the Ohio Secretary of State revealed that five of the electronic voting systems the state was looking to use in the upcoming 2008 presidential election had failed badly, each easily susceptible to chicanery that could alter the results of an election.

As reported in the New York Times, At polling stations, teams working on the study were able to pick locks to access memory cards and use hand-held devices to plug false vote counts into machines.  At boards of election, they were able to introduce malignant software into servers.

We learn that one of the companies whose machines had failed was none other than Hart Intercivic.

With television time to fill and no ability to declare a winner so that the long nights broadcast can be brought to a close, the staffs keep digging for relevant information to keep the attention of their viewersand that is when it gets very real.

It turns out that Hart Intercivic is owned, in large part, by H.I.G. Capitala large investment fund with billions of dollars under managementthat was founded by a fellow named Tony Tamer.  While is is unclear just how much H.I.G. owns of Hart Intercivic, we do learn that H.I.G. employees hold at least two of the five Hart Intercivic board seats.

A little more digging turns up a few tidbits of data than soon become the story’.  

Tony Tamer, H.I.G.s founder, turns out to be a major bundler for the Mitt Romney campaign, along with three other directors of H.I.G. who are also big-time money raisers for Romney.

Indeed, as fate would have it, two of those directorsDouglas Berman and Brian Schwartz were actually in attendance at the now infamous 47 percent fundraiser in Boca Raton, Florida.

With that news, voters everywhere start to get this queasy feeling in the pits of their stomach.

But waitif youre feeling a bit ill now, youll want to get the anti-acids ready to go because its about get really strange.

To everyones amazement, we learn that two members of the Hart Intercivic board of directors, Neil Tuch and Jeff Bohl, have made direct contributions to the Romney campaign.  This, despite the fact that they represent 40 percent of the full board of directors of a company whose independent, disinterested and studiously non-partisan status in any election taking place on their voting machines would seemingly be a no brainer.

To Mr. Bohls credit, after giving a total of $4,000 to Romney For President, it must have occurred to him that it might not look so good for a board member of a company whose voting machines are to be a part of the presidential election to be playing favoritesso he gave $250 to Barack Obama to sort of balance the scales.

Mr. Tuch?  Not so much.

Interestingly, Mr. Bohl lists himself as an investor at H.I.G. Capital for his Romney contributions but his far smaller donation to Obama was done as Jeff Bohl, self-employed innkeeper.

And finally, we learn that H.I.G. is the 11th
largest of all the contributors to the Romney effort.

Did I say finally?  My badbecause there is, indeed, more.

Can you guess who is reported to have a financial relationship with H.I.G. Capital?

Numerous media sources, including Truthout, are reporting that Solamere Capitalthe investment firm run by Mitt Romneys son, Tagg, and the home of money put into the closely held firm by Taggs uncle Scott, mother Anne and, of course, the dad who might just be the next President of the United Statesdepending upon how the vote count turns out, in our little tale, in the State of Ohiohave shared business interests with H.I.G. either directly or via Solamere Advisors which is owned, in part, by Solamere Capital, including a reported investment in H.I.G. by either Solamere Capital or Solamere Advisors.

Lee Fang, in his piece for The Nation exploring the government related activities of various companies in which Solamere has an interest writes-

Meanwhile, HIG Capitalone of the largest Solamere partners, with nearly $10 billion of equity capitalowns a number of other firms that are closely monitoring the federal government.

While the Cincinnati scenario is at this pointfiction, the rest of this story is all too true, including the part where the voting machines to be used in Hamilton County will be those provided by Hart Intercivic.

And while I am not suggesting conspiracies or that anyone would get involved in any foul play here, most particularly the GOP candidate for President, how is it possible that so many people could exercise so much bad judgment?

The sanctity of voting in America is supposed to be one of our most important virtues.  So concerned are we with a clean process that James OKeefe has made a career entrapping, video taping and destroying those sympathetic to Democratic Party candidates and causes who cross the line when it comes to the voting process.  And thats just fine.  If Mr. OKeefe can legitimately expose someone engaging in voter fraud, he most certainly should call them out.

So, why would these individuals who serve on the board of directors of Hart Intercivic go out of their way to make a contribution to any political candidate given the critical importance of their company remaining above reproach when it comes to the political process?  And why would those who run the company that owns Hart Intercivic be giving hundreds of thousands of dollars to a political candidate?  And why would a political candidate and his family have a financial relationship with a company that owns a chunk of the voting machine company that will be counting the actual votes given to that political candidate or his opponent? 

Keith Olbermann was suspended from his job at MSNBC for donating a couple hundred bucks to a local candidate that was a friend of his.  Why?  Because his employer required that journalists at the network stay free of having given such contributions to any candidate for all the obvious reasons.

Is it really too much to ask that those who control the voting machines that record and count the votes of our elections be held to at least the same standard? 

Hopefully, everything will go swimmingly in Cincinnati on Election Day.  And, if it doesnt, it will no doubt be the result of honest error.

Yet, because of this uncomfortable chain of ownership, we now find ourselves with one more headache among the many headaches that accompany the important work of choosing an American president and believing that the process was a fair oneparticularly when such an election comes down to a very few votes as may well be the case on Election Day, 2012.

Really, guys.  You couldnt find anything else to invest in?  You couldnt donate all those hundreds of thousands to charity rather than put it into political contributions so that your fellow countrymen would have no reason to ever doubt or question the results of so important an electionor any election for that matter, even if its the choice of a county dogcatcher? 

I truly wonder sometimes just what these allegedly smart people have inside their headsor, more importantly, their hearts.


UPDATESOctober 24, 2012 9:36 a.m.  EDT

Given the response to this article, there has been considerable activity surrounding the piece.  This includes conversations with representatives of the individuals and entities included in this story, the posting of articles discussing this piece in other publicationssome in support and others written in an attempt a take-down and discredit this pieceand a very active comments section with some interesting perspectives.

As you might expect, activity of this sort produces the need for a few comments, corrections and updates in the effort to be completely accurate, along with passing along some additional information that should be of interest.

Lets begin with some matters pertaining to Hart InterCivic and H.I.G. Capital.
On Monday, I was contacted by a representative of H.I.G. and Hart InterCivic who wished to set the record straight on a few points (it seems worth nothing, given that the connection between the two is a significant component of this article, that the representative presented on behalf of both of these companies.)

While it was confirmed that Jeff Bohl, an employee of H.I.C. and a sitting director of Hart InterCivic, has, as reported, contributed to the Romney campaign during the time he has sat on the board of directors of Hart Intercivic, Neil Tuch, another director of Hart InterCivic who is an employee of H.I.G., has not made any contributions to either of the presidential candidates during the time he has served as a director of Hart.  Further, the representative stated that the referenced contribution by Mr. Bohl to the Obama campaign had not been made by Mr. Bohl but rather was money given by a different individual who happens to have the same name as Mr. Bohl.

On the other side of the coin, I was able to confirm that there is, indeed, a third member of the Hart InterCivic board of directors put there by H.I.G. Capital.  That would be one Amanda Kalin.  For those who may not recall, I have stated in the article that two of the board members were employees of H.I.G.  This would represent control of 40 percent of the boardan interest that would provide for considerable influence but would not provide H.I.G. with control of the company.

While there was some reason to believe that there might be a third director appointed by H.I.G., I had not confirmed it so I did not print it.  Now it is, indeed, confirmed.  This means that H.I.G. is in firm control of the board of directors of Hart InterCivic (there are a total of five board members) which only serves to highlight the precise point of the article.

As an additional matter, the H.I.G./Hart Interactive representative specifically denies that Douglas Berman and Brian Schwartz were at the infamous 47 percent Romney fundraiser in Boca Raton as reported in the piece.

The fundraiser in question took place in Boca Raton in May of 2012.  The price of admission was $50,000 with the contributions to be made to the Romney Victory PAC.

According to the Sunlight Foundation Influence Explorer, Brian Schwartz, who listed his employer as HIG Capital, made a $50,000 contribution to the Romney Victory PAC on May 1, 2012.

Also per the Sunlight Foundation Influence Explorer, on May 15, 2012, Douglas Berman, who listed his employer as HIG Capital, also made a $50,000 contribution to the Romney Victory PAC.

Because of the close proximity in time of these contributions to the date of the fundraiser event; and because the contributions were identical to the price of admission to the fundraiser; and because the recipient of the funds was the designated PAC recipient for the fundraiser, I asked the representative if Mr. Berman and Mr. Schwartz would confirm their non-attendance directly to meeither in writing or by verbal communication.

That request was denied.

Charles Sipkins, a spokesperson for Hart InterCivic added, Hart InterCivic has a long track record of supporting a fair and open democratic process.  Any suggestions that the Company might try to influence the outcome of election results are unfounded.

Now, onto the response from Solamere Capital, the private equity firm run by Tagg Romney in which Gov. Romney and other members of his family have invested.

According to a spokesperson who contacted me on Solameres behalf, Neither Solamere nor its principals have any investment in or ownership of the company or the fund that controls the company.

The company referenced in the statement is Hart InterCivicnot H.I.G. Capital.

While both Solameres and H.I.G.s representatives confirm the accuracy of my reporting with respect to Solamere having a business relationship with H.I.G. , each was quick to point out that, while I had not alleged the more specific relationship in the article, it was important for readers to know that none of the investment Solamere has with H.I.G. is directed into the specific H.I.G. fund that owns the interest in Hart InterCivic.

I agree with them.  It is an important point and worth some focus as it ties into many of the comments received to my article that I believe miss the mark.

The point of the article was not just about connecting some dots to see how close we could get Tagg Romneyor anyone named Romneyto the company that manufacturers the voting machines which will present Gov. Romneys name as a candidate on November 7th.

The point was to highlight the important ethical questions raised when a company like H.I.G., which has ownership of the company that manufacturers these voting machines, has so close a relationship with any candidate for public office whose name will appear on their machines in any given county in America.  In this instance, that candidate is Governor Romney.

Accordingly, while it is certainly, in my estimation, a good thing that Solameres investment at H.I.G. has not been directed to the fund that owns Hart InterCivic, it must be asked whether this does anything to quell the potential for an appearance of impropriety when Solamere has an investment in H.I.G.; H.I.G. is a significant owner of Hart InterCivic and controls the board of directors; the chairman of H.I.G. is a key bundler for the Romney campaign; the contributions from H.I.G. employees totals to an amount that puts them in the top twenty when it comes to donors to the Romney campaign; and a member of the board of directors of the voting machine company itself is on record for making political contributions to a presidential candidate while serving on that board?

It is that potential for the appearance of impropriety that could undermine our confidence in the electoral systemand that is the problem to which I object.

Which brings us to another matter that deserves discussion.  Many commenters have reacted to this story by jumping to the conclusion that something untoward is going to happen in the Cincinnati area this Election Day as a result of the information presented.  I think this is a mistake.

As specifically noted in the original piece, I do not anticipate any ill behavior on the part of any of those discussed in the piece, most particularly, as stated in the piece, Governor Romney.  That, of course, does not mean that I wont be watching with some care and concern.

While I very much understand the sensitivity of voters in Ohio who have already had some experience over the years with some highly questionable events involving voting machines, I dont believe that anyone who is acting within the law (so far as I know, all involved in this story are acting within the law as it pertains to the subject matter) should be accused, tried and convicted in the publics mind when nothing has yet to occur.  This is precisely the sort of behavior that many of the same individuals pointing a finger at these people would vehementlyand correctlyobject to when members of society who are not as fortunate as those included in this article are treated in a like manner.  When a kid is stopped and frisked on the streets of New York because he looks and behaves like someone else who once either committed a crime or is generally suspected of having committed a crime and, as a result, this kid is, by that inference, suspected of either having committed a crime or expected to do so in the future and either harassed or hauled into a police station, many of us dont like it as such behavior violates those individuals civil liberties.  Those same civil liberties and presumptions of innocence must always be applied to everyone in our countryeven if they are wealthy directors and owners of voting machine companies and, yes, even if they are candidates for the highest office in the nation that you might not happen to support or even like.

The point that I would hope readers would take away is the importance of those who are so directly involved in our electoral system doing everything within their power to remain above reproach, both in actions and in appearance as, only then, can the public have the confidence it deserves in our electoral system.

I do not believe that those discussed in this story have met that critical ethical standard and I believe their behavior suggests a very serious issue that calls for a much better resolution.

Finally, deciding to write a story like this knowing that the mainstream media is avoiding it like The Plagueis a daunting adventure.  One cannot help but wonder if what the writer believes he or she is seeing may not be the reality of the situation.  Still, when someone who does what I do for a living does see so important an issue, it is our responsibilityor should be our responsibilityto bring it to the publics attention.  Never the less, when you are the only one writing itaside from some blog sites presenting the information in a way that includes accusations that go beyond what this writer would find balanced and appropriateit can be a scary proposition.  For this reason, I was very pleased to see that Salon.com, who, in my estimation, is a truly high quality publication, began to cover the story yesterday.  This was followed up by some coverage on last nights The Ed Show on MSNBC.  While I recognize that many readers have the same reaction to MSNBC as other readers have to Fox News, like it or not, they are a part of the mainstream media.

I wont be surprised to see more of the mainstream media get involved with the story, hopefully focusing on what is the real story herethe question of the ethics and efforts we should expect from those who we allow to play such a major role in how Americans cast their votes.

contact Rick at thepolicypage@gmail.com and follow on Twitter @rickungar

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Monday, October 22, 2012

Inside the Internet: Google Allows First Ever Look

Inside the Internet: Google allows first ever look at the eight vast data centres that power the online world

  • Data centres range from vast warehouses in Iowa to a converted paper mill in Finland
  • Buildings are so large Google even provides bicycles for engineers to get around them
  • Street View tour of North Carolina facility reveals Stormtrooper standing guard
By Mark Prigg
|

Google has given a rare glimpse inside the vast data centres around the globe that power its services.

They reveal an intricate maze of computers that process Internet search requests, show YouTube video clips and distribute email for millions of people.

With hundreds of thousands of servers, colourful cables and even bicycles so engineers can get around quickly, they range from a converted paper mill in Finland to custom made server farms in Iowa. 

Scroll down for video


The online gallery reveal the interior of eight of Google's secretive server farms around the globe, from Finland to Iowa

The online gallery reveal the interior of eight of Google's secretive server farms around the globe, from Finland to Iowa

WHERE ARE THE SERVERS?

Google's major data centers are located in:
  • Berkeley County, S.C.
  • Council Bluffs, Iowa
  • Douglas County, Ga.
  • Mayes County, Okla.
  • Lenoir, N.C.
  • The Dalles, Ore.
  • Hamina, Finland
  • St. Ghislain, Belgium.
New data centers are currently being built in Quilicura, Chile; Hong Kong, Singapore and Taiwan. 


'Very few people have stepped inside Google’s data centers, and for good reason: our first priority is the privacy and security of your data, and we go to great lengths to protect it, keeping our sites under close guard,' the firm said. 

'While we’ve shared many of our designs and best practices, and we’ve been publishing our efficiency data since 2008, only a small set of employees have access to the server floor itself. 

'Today, for the first time, you can see inside our data centers and pay them a virtual visit. 

'On Where the Internet lives, our new site featuring beautiful photographs by Connie Zhou, you’ll get a never-before-seen look at the technology, the people and the places that keep Google running.'
 

The site features photos from inside some of the eight data centers that Google Inc. already has running in the U.S., Finland and Belgium. 

Google is also building data centers in Hong Kong, Taiwan, Singapore and Chile.
Virtual tours of a North Carolina data center also will be available through Google's 'Street View' service, which is usually used to view photos of neighborhoods around the world. 

The photographic access to Google's data centers coincides with the publication of a Wired magazine article about how the company builds and operates them.
The article is written by Steven Levy, a journalist who won Google's trust while writing 'In The Plex,' a book published last year about the company's philosophy and evolution.

One of Google's server farms in Council Bluffs, Iowa, which provides over 115,000 square feet of space for servers running services like Search and YouTube
One of Google's server farms in Council Bluffs, Iowa, which provides over 115,000 square feet of space for servers running services like Search and YouTube

wonderful attention to detail.
lates to the Google logo. What wonderful attention to detail.
Google colour codes its servers depending on their location, while piping in the buildings is coded depending on what it carries - with cool water in blue tubes and warm in red

Google's Douglas County data centre in Georgia is so large the firm provides Google branded bicycles for staff to get around on
Google's Douglas County data centre in Georgia is so large the firm provides Google branded bicycles for staff to get around on

A street view tour published by Google also reveals a hidden surprise - A Stormtrooper standing guard over a sever in Google's North Carolina server farm
A street view tour published by Google also reveals a hidden surprise - A Stormtrooper standing guard over a server in Google's North Carolina server farm

The data centers represent Google's nerve center, although none are located near the company's headquarters in Mountain View, Calif.

As Google blossomed from its roots in a Silicon Valley garage, company co-founders Larry Page and Sergey Brin worked with other engineers to develop a system to connect low-cost computer servers in a way that would help them realize their ambition to provide a digital roadmap to all of the world's information.

Initially, Google just wanted enough computing power to index all the websites on the Internet and deliver quick responses to search requests. As Google's tentacles extended into other markets, the company had to keep adding more computers to store videos, photos, email and information about their users' preferences.

The insights that Google gathers about the more than 1 billion people that use its services has made the company a frequent target of privacy complaints around the world.

The latest missive came Tuesday in Europe, where regulators told Google to revise a 7-month-old change to its privacy policy that enables the company to combine user data collected from its different services.

Google studies Internet search requests and Web surfing habits in an effort to gain a better understanding of what people like. The company does this in an effort to show ads of products and services to the people most likely to be interested in buying them. Advertising accounts for virtually all of Google's revenue, which totaled nearly $23 billion through the first half of this year.

Even as it allows anyone with a Web browser to peer into its data centers, Google intends to closely guard physical access to its buildings. The company also remains cagey about how many computers are in its data centers, saying only that they house hundreds of thousands of machines to run Google's services.

Google's need for so many computers has turned the company a major electricity user, although management says it's constantly looking for ways to reduce power consumption to protect the environment and lower its expenses.


Here hundreds of fans funnel hot air from the server racks into a cooling unit to be recirculated in Oklahoma. The green lights are the server status LEDs reflecting from the front of the servers
Here hundreds of fans funnel hot air from the server racks into a cooling unit to be recirculated in Oklahoma. The green lights are the server status LEDs reflecting from the front of the servers

The Iowa campus network room, where routers and switches allow data centers to talk to each other. The fiber cables run along the yellow cable trays near the ceiling.
The Iowa campus network room, where routers and switches allow data centers to talk to each other. The fiber cables run along the yellow cable trays near the ceiling.

Even the water pipes reflect Google's brand: These colorful pipes are responsible for carrying water in and out of an Oregon data center. The blue pipes supply cold water and the red pipes return the warm water back to be cooled.
Even the water pipes reflect Google's brand: These colorful pipes are responsible for carrying water in and out of an Oregon data center. The blue pipes supply cold water and the red pipes return the warm water back to be cooled.

In Hamina, Finland, Google chose to renovate an old paper mill to take advantage of the building's infrastructure as well as its proximity to the Gulf of Finland's cooling waters.
In Hamina, Finland, Google chose to renovate an old paper mill to take advantage of the building's infrastructure as well as its proximity to the Gulf of Finland's cooling waters.

Google's server farm in Douglas County, Iowa
Google's server farm in Douglas County, Iowa

The exterior of a Dulles, Oregon server farm
The exterior of a Dulles, Oregon server farm

Denise Harwood, a Google Engineer, diagnoses an overheated CPU. For more than a decade, Google has built some of the world's most efficient servers.
Denise Harwood, a Google Engineer, diagnoses an overheated CPU. For more than a decade, Google has built some of the world's most efficient servers.

A Google data center in Council Bluffs, Iowa.
A Google data center in Council Bluffs, Iowa.
 
Each server rack has four switches, connected by a different coloured cable. Colours are kept the same throughout data centres so staff know which one to replace in case of failure.
Each server rack has four switches, connected by a different coloured cable. Colours are kept the same throughout data centres so staff know which one to replace in case of failure.

VIDEO: Take a first look inside Google's data center




Read more: http://www.dailymail.co.uk/sciencetech/article-2219188/Inside-Google-pictures-gives-look-8-vast-data-centres.html

Friday, September 28, 2012

Sad But True: Corporate Crime Does Pay

And CEOs almost never go to jail

By  David Morris


Almost daily we read about another apparently stiff financial penalty meted out for corporate malfeasance.  This year corporations are on track to pay as much as $8 billion to resolve charges of defrauding the government, a record sum, according to the Department of Justice.  Last year big business paid the SEC $2.8 billion to settle disputes.

Sounds like an awful lot of money.  And it is, for you and me.  But is it a lot of money for corporate lawbreakers?  The best way to determine that is to see whether the penalties have deterred them from further wrongdoing.

The empirical evidence argues they don’t.  A 2011 New York Times analysis of enforcement actions during the last 15 years found at least 51 cases in which 19 Wall Street firms had broken antifraud laws they had agreed never to breach.  Goldman Sachs, Morgan Stanley, JPMorgan Chase and Bank of America, among others, have settled fraud cases by stipulating they would never again violate an antifraud law, only to do so again and again and again.  Bank of America’s securities unit has agreed four times since 2005 not to violate a major antifraud statute, and another four times not to violate a separate law.  Merrill Lynch, which Bank of America acquired in 2008, has separately agreed not to violate the same two statutes seven times since 1999.

Outside the financial sector the story is similar.  Erika Kelton at Forbes reports that Pfizer paid $152 million in 2008; $49 million a few months later; a record-setting $2.3 billion in 2009 and $14.5 million last year.  Each time it legally promised to adhere to federal law in the future.  Each time it broke that promise.

The SEC could bring contempt of court charges against serial offenders, but it doesn’t.  Earlier this year the SEC revealed it has not brought any contempt charges against large financial firms in the last 10 years.  Adding insult to insult the SEC doesn’t even publicly refer to previous cases when filing new charges.

We know that CEOs of big corporations never go to jail.  We probably didn’t know they often benefit financially even when the corporations under their control violate the law.  GlaxoSmithKline CEO Andrew Witty recently received a significant pay boost to roughly $16.5 million just four months after Glaxo announced it will pay $3 billion to settle federal allegations of illegal marketing of many of its prescription drugs.  Johnson & Johnson Chairman and CEO William Weldon received a 55 percent increase in his annual performance bonus for 2011 and a pay raise despite a settlement J&J is negotiating with the Justice Department that could run as high as $1.8 billion.

What level of penalty might deter corporate crime?  The Economist magazine recently addressed that question.  It used the common sense framework proposed by University of Chicago economist Gary Becker in an influential 1968 essay.  Becker proposed that criminals weigh the expected costs and benefits of breaking the law.  The expected cost of lawless behavior is the product of two things:  the chance of being caught and the severity of the punishment if caught.

Purdue Economics Professors John M. Connor and C. Gustav Helmers examined the market impact of over 280 private international cartels from 1990 to 2005 and the fines imposed on them by various governments.  They estimated these criminal conspiracies in restraint of trade raised prices by $260-550 billion.  The median overcharge was about 25 percent of affected commerce.

Thus a fine about 25 percent of revenue would repay the damage done.  But that’s assuming wrongdoing is caught every time.  The Economist suggests that catching one in three violations would constitute a good track record for regulators.  That would mean a fine of 75 percent of revenue would be needed to deter future violations.  But the study found that actual fines ranged only between 1.4 percent and 4.9 percent.

Last year’s SEC settlement regarding Citigroup’s fraudulent mortgage investment practices fits that pattern.  The settlement was for $285 million, less than 4 percent of Citigroup’s $76 billion in revenues.

Often federal penalties are so low they might be viewed as an invitation to break the law.  According to the Times, Citigroup had cheated investors out of more than $700 million, more than twice what it paid in penalties.

As for Glaxo’s $3 billion settlement, George Lundberg, for 17-years Editor-in-Chief of the Journal of the American Medical Association writes, “The penalty sounds like a lot of money but that company made probably 10 times that much from its illegal actions.”

What can be done?  A first step might be for the media to stop reporting simply the gross settlement figure and instead give us the information that allows us to decide whether the punishment fits the crime.  A few days ago a brief story in the New York Times business section admirably achieved this goal.

The Times reported that in 2006 Morgan Stanley entered into a complex swap agreement with the New York electricity provider KeySpan that gave it a stake in the profits of a competitor.  This enabled the two companies to push up the price of electricity.  Morgan Stanley broke the law.  On August 7 a federal judge approved the settlement between the Justice Department and Morgan Stanley.

Here’s the cost benefit analysis.  The total cost to New Yorkers in higher utility bills because of the price fixing came to $300 million.  Morgan Stanley was paid $21.6 million for handling the swap agreement.  And the financial penalty imposed on Morgan Stanley?  An inconceivably low $4.8 million.  In addition the bank didn’t have to admit any wrongdoing.  There will be no further prosecution.

Anyone who read this story had all the facts necessary to conclude that something is terribly, even criminally wrong here.  The Times is to be commended for going that extra step and providing a full cost-benefit analysis.  I hope it can become a template for all political and business reporters.

David Morris is co-founder and vice president of the Institute for Local Self Reliance in Minneapolis, Minn., and director of its New Rules project.

Taxed by the Boss: Brutal Corporate Gouging of State Coffers


Taxed by the Boss 

Thursday, September 20, 2012

Exhaustive Study Finds Global Elite Hiding As Much As $21 to $32 Trillion Offshore

Newly updated report reveals how wealthy individuals and their families have between $21 and $32 trillion of hidden financial assets around the world in what are known as offshore accounts or tax havens.  The actual sums could be higher because the study only deals with financial wealth deposited in bank and investment accounts, and not other assets such as property and yachts.  The inquiry was commissioned by the Tax Justice Network and is being touted as the most comprehensive report ever on the "offshore economy."  It also finds that private banks are deeply involved in running offshore havens, with UBS, Credit Suisse and Goldman Sachs handling the most assets.  The report’s author, James Henry, a lawyer and former chief economist at McKinsey & Company, explains more in this video. 

We must remember that this information about offshore tax havens and the $21 to $32 Trillion dollars covers "individuals", not enterprises doing the same thing, which may add anywhere from $50 to $80 Trillion dollars or more. 




All too often people deliberate about taxation, tax codes, scaled taxation and such, yet there may be wholly fresher possibilities than shuffling round the way things are done now without making any truly substantial progressively sustainable choices and actions. 

PROUT offers an alternative perspective on this relatively necessary concern of taxes, which may also include some suprising factors.  Explore PROUT's perspective here



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Friday, August 24, 2012

What and Why are They Spraying? Chemtrails: A Seminal Investigation and Video

Premiering at the Consciouisness Beyond Chemtrails Conference in Los Angeles, Thursday, August 16, 2012, Michael Murphy's seminal exploration as to the what and why of chemtrail's mysterious presence in our skies and its effects upon our land, our health and the geo-political implications is further explored in this second installation of his journey to find the truth about chemtrails.

"Why in the World are They Spraying?" 





The Original Movie of the Seminal Chemtrails Investigative Journey from Michael Murphy

"What in the World are They Spraying?"


Thursday, August 16, 2012

Consciousness Beyond Chemtrails: August 17-19, 2012 

This Weekend - Live and Online 
Buy Tickets Now!

The Largest Stand Ever Against Chemtrails!

Greetings Fellow Geo-Engineering Activists!
www.CBCLive2012.com
  • 3 Days in Los Angeles at the Historic Ebell Theater + Live Online Globally
  • Non –Profit Fundraiser
  • To Explore EVERY Arm of The Geo-Engineering /Chemtrails Agendas……




WHY?  - Premiering “Why In The World Are They Spraying?” – Michael Murphy’s follow-up documentary

TREES – Featuring Allan Buckmann, the leader in research regarding the effect of Chemtrails on trees & plant life – and how to reverse it

HAARP – Alfred Webre & others explore the unavoidable connection between Chemtails & “The HAARP Controlled Grid”

GMO’s – Jeffrey M Smith, the author of “Seeds of Deception” and leader in the “GMO-free” movement will speak to the GMO’s connection to the spraying (Chemtrail’s heavy metal fall-out creates soil that can only support GMO crops and trees)

TRANSHUMANISM – Sofia Smallstorm presents Part 2 of her widely acclaimed “Chemtrails to Pseudo Life” series, where she explores how Chemtrails are creating a synthetic world
around us

WEATHER – Scott Stevens, a former award winning meteorologist, steps outside the matrix and gives us a look at the cover-up taking place regarding Chemtrails within mainstream meteorology

SCIENCE & PROOF – Clifford Carnicom, Dane Wigington, Francis Mangels, William Thomas, Deborah Whitman,Dr. Perlingieri and other scientists and researchers will show you the PROOF of active Geo-Engineering and what we can do to STOP IT!

SPIRITUALITY – Laura Eisenhower, Mark Peebler and others will show you how we can free our minds from the tyranny!

SPECIAL GUEST SPEAKERS ROSANNE BARR AND CYNTHIA McKINNEY!

Visit http://bit.ly/MnrwTw for tickets, bio’s, schedule, venue and more!

Promo Video:
http://www.youtube.com/watch?
v=kaIedYhMK3E
Download Printable Flyer (PDF format): CBC_Flyer

PROUT News visitors are priviledged to a DISCOUNT:
10% off Promo Code:

On the “Buy Tickets” page of the website, enter the promo code: proutnews


OR use this discount link: http://cbclive.eventbrite.com/
?discount=proutnews

 

Thursday, August 2, 2012

Michael J. Murphy

Michael J. Murphy

Event Topic: World Premier of “Why in the World Are They Spraying” + Q&A More Info
Roseanne Barr

Roseanne Barr

Special Guest More Info
Clifford Carnicom

Clifford Carnicom

Event Topic: Geo-Engineering and Bio-Engineering : The Unmistakable Link More Info
William Thomas

William Thomas

Event Topic: Chemtrails Confirmed 2012 More Info
Sofia Smallstorm

Sofia Smallstorm

Event Topic: From Chemtrails to Pseudo-Life “Part #2”: Living in the Manhattan Project More Info
Jeffrey M. Smith

Jeffrey M. Smith

Event Topic: Are Genetically Engineered Foods and Crops Akin to Weapons of Mass Destruction? More Info
Allan Buckmann

Allan Buckmann

Event Topic: Climate Change in the Skies & On the Ground – The Hazards of Geo-Engineering More Info
Dane Wigington

Dane Wigington

Event Topic: Geo-Engineering – Why You Should Care More Info
Francis Mangels

Francis Mangels

Event Topic: Geo-engineering Questions Welcome – John Whyte (Organizer of the CBC & Activist at “Chemtrails Project”) interviews retired USDA biologist, Francis Mangels More Info
Deborah J. Whitman

Deborah J. Whitman

Event Topic: Our Toxic World More Info
Scott Stevens

Scott Stevens

Event Topic: Chemtrails Through the Eyes of a Television Weatherman More Info
Dr. Ilya Sandra Perlingieri

Dr. Ilya Sandra Perlingieri

Event Topic: The Assault on Our Health; Environmental Illness and Aerosol Pollution: Connecting the Dots More Info
Alfred Lambremont Webre

Alfred Lambremont Webre

Event Topic: HAARP/Aerosol-Chemtrails Plasma Weapons: Exposing a Spiritual, Mass Mind-control, and Planetary Assault More Info
Kerry Cassidy

Kerry Cassidy

Event Topic: Updates from Project Camelot – the leader in whistle blower testimony More Info
Laura Eisenhower

Laura Eisenhower

Event Topic: Chemtrails, Consciousness & 2012 – Timelines and the agendas behind the false matrix and the opening of the Natural Stargates More Info
Mark “Dr Dream” Peebler

Mark “Dr Dream” Peebler

Event Topic: Alchemy of Life; Raising the Frequency of Our Daily Lives Above Chemtrails More Info

Sunday, May 13, 2012

Major New Genetics of Politics Study -- Or Why the "Right" Gets So Much Wrong

The genetic architecture of economic and political preferences

By | Friday, May 11th, 2012

Daniel J. Benjamin et al. (long list)
Preferences are fundamental building blocks in all models of economic and political behavior.  We study a new sample of comprehensively genotyped subjects with data on economic and political preferences and educational attainment.  We use dense single nucleotide polymorphism (SNP) data to estimate the proportion of variation in these traits explained by common SNPs and to conduct genome-wide association study (GWAS) and prediction analyses.  The pattern of results is consistent with findings for other complex traits.  First, the estimated fraction of phenotypic variation that could, in principle, be explained by dense SNP arrays is around one-half of the narrow heritability estimated using twin and family samples.  The molecular-genetic–based heritability estimates, therefore, partially corroborate evidence of significant heritability from behavior genetic studies.  Second, our analyses suggest that these traits have a polygenic architecture, with the heritable variation explained by many genes with small effects.  Our results suggest that most published genetic association studies with economic and political traits are dramatically underpowered, which implies a high false discovery rate.  These results convey a cautionary message for whether, how, and how soon molecular genetic data can contribute to, and potentially transform, research in social science.  We propose some constructive responses to the inferential challenges posed by the small explanatory power of individual SNPs.


Reflection on these results: The idea of genetic transmission of complex social traits, like political ideology, finds new evidence in its favor, although twin studies may be giving heritability estimates that err on the high end.  Or, the alternative methodology tried here may be giving estimates on the low end.  But either way, it sure looks like something is being inherited that gets expressed as ideology.

However, finding a single “liberal gene” or “conservative gene” just ain’t gonna happen.  The studies that we’ve heard about so far focusing on individual “political” genes may be suspect, and much larger samples will be needed.  In all likelihood, there isn’t going to be any one gene that does a lot of work to explain ideology–the phenomenon is going to be polygenic…and very tough to study.

In other words, a research opportunity. Back to work, liberals!





Thursday, April 26, 2012

Mexican Immigrant Beaten, Tased and Murdered by Border Patrol Agents, Video Included

This news report, from Democracy Now!, covers an event, a murder, from two years ago involving a pack of border patrol in an orgy of malignant brutality having their way with a man who dies at their hands from their violent soiree.

A new PBS documentary exposes the tasing and beating death of a Mexican immigrant by U.S. border agents in California and has renewed scrutiny of what critics call a culture of impunity.

In May 2010, 32-year-old Anastasio Hernández-Rojas was caught trying to enter the United States from Mexico near San Diego. He had previously lived in the United States for 25 years and was the father of five U.S.-born children. Instead of deportation, Hernández-Rojas’s detention ended in his death. A number of border officers were seen beating him, before one tasered him at least five times, resulting in his death.

The agents say they confronted Hernández-Rojas because he became hostile and resisted arrest. However, previously undisclosed videos recorded on cellphones by eyewitnesses on the scene show a different story.

"All eyewitnesses that we spoke to basically tell the same story of a man hogtied and handcuffed behind his back, not resisting, being beaten repeatedly by batons, by kicks, by punches, by the use of a taser, for almost 30 minutes until he died," says reporter John Carlos Frey, whose exposé aired in a national television special last Friday night as part of a joint investigation by the PBS broadcast, "Need to Know," and the Investigative Fund of the Nation Institute.

Democracy Now! also spoke with Hernández-Rojas’s widow, María Puga. "My husband was tortured. He was severely beaten. And they’ve destroyed an entire family," says Puga, speaking through a Spanish-English translator. "All we want is justice. And we need your help to get that justice."


Video 1




Video 2





Thursday, April 19, 2012

War on Women #satire


War on Women #satire

By Steve Weinstein at CrooksAndLiars.com

As the gender gap threatened to undermine their crusade for a one-term Obama, the GOP turned to Twitter to un-sink the Titanic. Don’t worry your pretty little heads about our party’s mandated transvaginal rapes and birth control bans, a host of Republicans shrieked. It is President Obama who is waging the war against women by sentencing two of them to life…on the Supreme Court. 

 


FullofMitt: There’s no war on women coming from me. I’m so committed to protecting equality that I promise to lock Lilly Ledbetter in an airtight kennel. #TheDogLovedThat 

JohnMcMaverick: War, you say? Well, we must bomb Womanistan before they force us to swallow their nuclear pill. #AlsoBombSyria #AndIran #AndCanada 

ReinceStag: Who cares what the marketplace pays women? I need my wife to stay home to wage war on all these damn caterpillars clogging up my tax loopholes. #1%TopRateForThe1% 

GovNikki: Women don’t care about birth control. They care about the rising cost of a decent mani-pedi & a vacuum that doesn’t lose suction. 

Limpbaugh: Quit having so much sex! Or else send me your sex tapes. See, we stand for choice even more than them. #SoMuchViagraSoLittleCatholicBabePorn 


GreatStateOfArizany: You can get the pill from your doctor only if you obtain permission from your boss. Also be sure to ask your boss whether your lunchtime BLT offends his faith. 

FullofMitt: Contraceptions are people, my friends. 

VomiSantorium: We’ll get the sluts next time. #Theocracy2016 

MrsMitt: It’s grueling work managing five kids, five houses, a herd of dressage horses…not to mention all those nannies, undocumented gardeners & accounts in the Caymans. 

FullofMitt: But Moms without $100 million IRAs must learn the dignity of minimum wage work. Also, let’s get rid of the minimum wage. #AndPlannedParenthood 

VirginiaGOP: If a woman is pregnant, she’s ipso facto been penetrated before. So why would she object if the state shoves this transvaginal stick up in there too? #DoesntSheLoveHerHomeState? 

GovofPenn: If a woman doesn’t want to look at the ultrasound screen, she can just close her eyes. It’s worked for my wife in our bedroom for nearly 40 years. 

Dubya: The people of the United States will not live at the mercy of an outlaw regime that threatens the peace with IUDs. #HeMustHaveHidThemInASecretWomb! 

UndisclosedDick: The vaginas will treat us as liberators. 

For true facts on job losses since 2007, and how this has affected both men and women, review FactCheck's facts here.