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Corruption Is Legal In America
Tag Archives: It’s Good To Be The King
Record $150m in gold seized by Indian police in 10 months
“Officials and industry insiders attribute this spike to a ‘high’ import duty of 10 per cent from 2013, a booming demand pegged by the World Gold Council at around 840 tonnes in 2014 – 191.7 tonnes in the first quarter of fiscal 2015 alone, up 15 per cent from the same period last year — and a low prosecution rate of those caught smuggling gold. At a time when the NDA government announced a monetisation scheme in this Budget to unlock the value of a part of the 22,000 tonnes of gold (US$1trn) in private hands, a big chunk lies with its own Customs departments – over 2,000 kg seized over the past 10 years.”
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Why is the Tanzanian government making information illegal?
“Despite global attention to recent corruption scandals in Tanzania, public opinion data indicate that domestic awareness of the scandals is shockingly low. The graph below — which would be illegal to publish under the Statistics Bill — indicates that less than half of citizens in mainland Tanzania ‘knew of’ five recent high-level corruption scandals. These corruption scandals have been consequential for Tanzania’s good standing amongst donors. In October 2014, donors withheld nearly $500 million in aid until action was taken in response to the multimillion-dollar energy scandal. As of last month, only $44 million had been released, following the resignation of three cabinet ministers.”
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Paul Rosenberg: ‘Production Versus Plunder’, Part 6
“Whether (early) to get farmers to capitulate, or (late) to keep sub-rulers in obedience when you were away, the newness of the rulership enterprise plus the extremely low population density made extending power difficult. Ruling one settlement could be done fairly well if the settlement was not large and if you remained there. But if you wished to rule another three or four nearby settlements as well, you needed to extend your power. And, since soldiers were expensive, other methods were required. This difficulty was solved with ferocity and fear. The rulers of this era were especially willing to boast of the horrible pain and punishments they inflicted upon anyone who rose against them.”
http://www.thedailybell.com/editorials/36283/Paul-Rosenberg-Production-Versus-Plunder–Part-6/
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No DEA agents fired for Colombia prostitute parties: internal report
“An internal Drug Enforcement Administration report showed the agency gave its agents a mere slap on the wrist for purchasing the services of Colombian prostitutes, sometimes with taxpayer money and sometimes as they let local police watch their weapons and personal property. A summary of the internal report shows the DEA doled out punishments to 10 of its agents, which ranged from a letter of caution to a two-week suspension. None of the agents who participated in the parties was fired. In one instance, money to pay prostitutes at a farewell party for a high-ranking DEA official was included in an ‘operational budget’ that used government funds for the party, the report said.”
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Black Caucus slams Rand Paul for opposing AG nominee Lynch
“The Congressional Black Caucus (CBC) issued a sharp condemnation of Sen. Rand Paul’s (R-Ky.) opposition to Attorney General nominee Loretta Lynch on Thursday. Paul said he opposed confirming Lynch because she supports civil forfeitures, a controversial law enforcement tactic, but the chairman of the CBC dismissed those concerns. Under the laws, police departments and other law enforcement agencies can keep the proceeds of properties they seize during investigations — even when they never charge the owner with a crime. He also cited Lynch’s support for President Obama’s executive action on immigration and what he called her ‘non-committal’ stance on the legality of drone use.”
http://thehill.com/blogs/blog-briefing-room/231967-black-caucus-slams-rand-paul-for-lynch-opposition
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Andrew Napolitano: Can the President Legally Kill Americans?
“President Obama has established a secret process that involves officials from the Departments of Justice and Defense, the CIA, and the White House senior staff whereby candidates are proposed for execution and the collective wisdom of the officials then recommends execution to the president. If the recommendation is to kill and the president rejects it, the CIA is directed to arrest the person. If the president accepts the recommendation to kill, then death is ordered. The monstrous British King Henry VIII delegated the final say to his chancellor so that he could publicly disavow participation in the government murders. Obama does not disavow them; he defends them.”
http://reason.com/archives/2015/04/16/can-the-president-kill-americans
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ECB’s Celebration of Its New $1.4 Billion Tower Is Spoiled by Protesters
“Anti-austerity protesters seeking to spoil the inauguration of the European Central Bank’s new headquarters in Frankfurt’s east end set vehicles alight, erected barricades and left a trail of destruction across the city. Police deployed water cannons to restore calm and keep the demonstrators at bay in the area surrounding the 1.3 billion-euro ($1.4 billion) tower, after setting up barbed wire and road blocks. Nine days after the ECB started buying sovereign debt in a 1.1 trillion-euro plan to revive inflation and rescue the economy, protesters are laying the blame for recession and unemployment in the 19-nation euro area at the doors of Draghi and German Chancellor Angela Merkel.”
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The Luxury Homes That Torture and Your Tax Dollars Built
“James Elmer Mitchell and John Bruce Jessen are not the first Americans to employ waterboarding and other ‘enhanced interrogation techniques’ against our enemies. But they are almost certainly the only ones to get rich doing it. They did so by employing what is widely dismissed as ‘voodoo science’ based on misapplied principles in a program that CIA records suggest produced little, if any, intelligence of significant value. And they might have gotten even richer. The Senate Intelligence Committee report says they secured a contract with the CIA in 2006 valued ‘in excess of $180 million.’ The CIA canceled the deal three years later, but by then the duo had received $81 million.”
http://www.thedailybeast.com/articles/2014/12/12/the-beach-houses-that-torture-built.html
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Japan’s Pension Fund Cutting Local Bonds to Buy Equities
“Japan’s public retirement-savings manager will put half its holdings in local and foreign stocks and start investing in alternative assets as the world’s biggest pension fund seeks higher returns. The 127.3 trillion yen ($1.1 trillion) Government Pension Investment Fund set allocation targets of 25 percent each for Japanese and overseas equities, up from 12 percent each, it said at a briefing today in Tokyo. GPIF will reduce domestic bonds to 35 percent of assets from 60 percent. The new allocations were released hours after the Bank of Japan unexpectedly added to monetary easing, sending the Nikkei 225 Stock Average to a seven-year high.”
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