Irish Time

Sunday, January 31, 2010

LUNATICS SECRETLY RUNNING THE INSANE ASYLUM































Secret Banking Cabal Emerges From AIG Shadows: David Reilly

By David Reilly

Jan. 29 2010 - "
Bloomberg" -- The idea of secret banking cabals that control the country and global economy are a given among conspiracy theorists who stockpile ammo, bottled water and peanut butter. After this week’s congressional hearing into the bailout of American International Group Inc., you have to wonder if those folks are crazy after all.

Wednesday’s hearing described a secretive group deploying billions of dollars to favored banks, operating with little oversight by the public or elected officials.

We’re talking about the Federal Reserve Bank of New York, whose role as the most influential part of the federal-reserve system -- apart from the matter of AIG’s bailout -- deserves further congressional scrutiny.

The New York Fed is in the hot seat for its decision in November 2008 to buy out, for about $30 billion, insurance contracts AIG sold on toxic debt securities to banks, including Goldman Sachs Group Inc., Merrill Lynch & Co., Societe Generale and Deutsche Bank AG, among others. That decision, critics say, amounted to a back-door bailout for the banks, which received 100 cents on the dollar for contracts that would have been worth far less had AIG been allowed to fail.

That move came a few weeks after the Federal Reserve and Treasury Department propped up AIG in the wake of Lehman Brothers Holdings Inc.’s own mid-September bankruptcy filing.

Saving the System


Treasury Secretary Timothy Geithner was head of the New York Fed at the time of the AIG moves. He maintained during Wednesday’s hearing that the New York bank had to buy the insurance contracts, known as credit default swaps, to keep AIG from failing, which would have threatened the financial system.

The hearing before the House Committee on Oversight and Government Reform also focused on what many in Congress believe was the New York Fed’s subsequent attempt to cover up buyout details and who benefited.

By pursuing this line of inquiry, the hearing revealed some of the inner workings of the New York Fed and the outsized role it plays in banking. This insight is especially valuable given that the New York Fed is a quasi-governmental institution that isn’t subject to citizen intrusions such as freedom of information requests, unlike the Federal Reserve.

This impenetrability comes in handy since the bank is the preferred vehicle for many of the Fed’s bailout programs. It’s as though the New York Fed was a black-ops outfit for the nation’s central bank.

Geithner’s Bosses


The New York Fed is one of 12 Federal Reserve Banks that operate under the supervision of the Federal Reserve’s board of governors, chaired by Ben Bernanke. Member-bank presidents are appointed by nine-member boards, who themselves are appointed largely by other bankers.

As Representative Marcy Kaptur told Geithner at the hearing: “A lot of people think that the president of the New York Fed works for the U.S. government. But in fact you work for the private banks that elected you.”

And yet the New York Fed played an integral role in the government’s bailout of banks, often receiving surprisingly free rein to act as it saw fit.

Consider AIG. Let’s take Geithner at his word that a failure to resolve the insurer’s default swaps would have led to financial Armageddon. Given the stakes, you might think Geithner would have coordinated actions with then-Treasury Secretary Henry Paulson. Yet Paulson testified that he wasn’t in the loop.

“I had no involvement at all, in the payment to the counterparties, no involvement whatsoever,” Paulson said.

Bernanke’s Denials


Fed Chairman Bernanke also wasn’t involved. In a written response to questions from Representative Darrell Issa, Bernanke said he “was not directly involved in the negotiations” with AIG’s counterparty banks.

You have to wonder then who really was in charge of our nation’s financial future if AIG posed as grave a threat as Geithner claimed.

Questions about the New York Fed’s accountability grew after Geithner on Nov. 24, 2008, was named by then-President- elect Barack Obama to be Treasury Secretary. Geither said he recused himself from the bank’s day-to-day activities, even though he never actually signed a formal letter of recusal.

That left issues related to disclosures about the deal in the hands of the bank’s lawyers and staff, rather than a top executive. Those staffers didn’t want details of the swaps purchase to become public.

New York Fed staff and outside lawyers from Davis Polk & Wardell edited AIG communications to investors and intervened with the Securities and Exchange Commission to shield details about the buyout transactions, according to a report by Issa.

That the New York Fed, a quasi-governmental body, was able to push around the SEC, an executive-branch agency, deserves a congressional hearing all by itself.

Later, when it became clear information would be disclosed, New York Fed legal group staffer James Bergin e-mailed colleagues saying: “I have to think this train is probably going to leave the station soon and we need to focus our efforts on explaining the story as best we can. There were too many people involved in the deals -- too many counterparties, too many lawyers and advisors, too many people from AIG -- to keep a determined Congress from the information.”

Think of the enormity of that statement. A staffer at a body with little public accountability and that exists to serve bankers is lamenting the inability to keep Congress in the dark.

This belies the culture of secrecy obviously pervasive within the New York Fed. Committee Chairman Edolphus Towns noted during the hearing that the bank initially refused to disclose even the names of other banks that benefited from its actions, arguing this information would somehow harm AIG.

‘Penchant for Secrecy’


“In fact, when the information was finally released, under pressure from Congress, nothing happened,” Towns said. “It had absolutely no effect on AIG’s business or financial condition. But it did have an effect on the credibility of the Federal Reserve, and it called into question the Fed’s penchant for secrecy.”

Now, I’m not saying Congress should be meddling in interest-rate decisions, or micro-managing bank regulation. Nor do I think we should all don tin-foil hats and start ranting about the Trilateral Commission.

Yet when unelected and unaccountable agencies pick banking winners while trying to end-run Congress, even as taxpayers are forced to lend, spend and guarantee about $8 trillion to prop up the financial system, our collective blood should boil.

(David Reilly is a Bloomberg News columnist. The opinions expressed are his own.)












Thursday, January 28, 2010

Spooky Scandal Enables Another Perfidious Albion War Crime








David Kelly's Post Mortem to be Kept Secret for 70 Years. Was he murdered because he was about to expose the lies?




This week it has been revealed for the first time, that Lord Hutton ordered vital evidence which would solve the mystery of the death of weapons inspector Dr David Kelly, should be kept a secret for up to 70 years.



In a highly unusual order, Lord Hutton who chaired the controversial inquiry into the Dr Kelly scandal, has secretly ordered all medical records, including the results of the post mortem, and unpublished evidence remain secret. The move provokes new questions about the true circumstances of Dr Kelly’s death and comes just days before Tony Blair appears before the Inquiry into the Iraq War. It revives claims of an elaborate establishment cover-up and fresh questions about the verdict that Dr Kelly committed suicide.

Dr Michael Powers QC, a doctor campaigning to overturn Hutton findings, said: ‘What is it about David Kelly’s death which is so secret, as to justify these reports being kept out of the public domain for 70 years?’

Liberal Democrat MP Norman Baker has also questioned the verdict that Dr Kelly committed suicide: ‘It is astonishing this is the first we’ve known about this decision by Lord Hutton at the inquiry and even more astonishing he should have seen fit to hide this material away.’

The body of the then United Nations weapon's inspector Dr Kelly, was found in July 2003, in woods close to his Oxfordshire home. Afterwards he was exposed as the source of a rarely honest BBC news report, challenging the Government’s claims that Saddam Hussein had weapons of mass destruction, which could be deployed within 45 minutes.

Lord Hutton’s report back in 2004, commissioned by the then Prime minister Tony Blair, said that Dr Kelly killed himself by cutting his wrist with a blunt gardening knife. Many experts dismissed it, as a whitewash to clear the Government of any blame, despite evidence that the Government's dirty tricks campaign, had leaked Dr Kelly’s name in order to smear his name.

It has only just emerged in the present inquiry that a year after the Hutton inquiry was completed, Lord Hutton took the unprecedented action of ensuring vital evidence remained a state secret, for another 70 years.
The Independent of the (24/07/03) carried a front-page story that suggested that Dr. Kelly had very close connections to various espionage services:
"Fresh information passed to the Independent suggests Dr Kelly had close links to the espionage services…. Dr Kelly was a consultant to the Defence Intelligence Analysis Staff, which can draw upon classified information provided by the Secret Intelligence Service (MI6), MI5, GCHQ, military intelligence and material supplied by allied intelligence services. In this capacity, he played an important role in providing information for the September Iraq arms dossier…. [Kelly] was also used by MI6 to interrogate Iraqi defectors claiming to have information on Saddam’s alleged weapons of mass destruction."

A letter now leaked, reveals that a 30-year ban was placed on ‘records provided not produced in evidence’. This is thought to refer to witness statements given to the inquiry which were not disclosed at the time. It has also now been established that Lord Hutton ordered all medical reports, including the post-mortem findings of pathologist Dr Nicholas Hunt and photographs of Dr Kelly’s body to remain secret information for another 70 years.

The usual rules on post-mortems allows for relatives and ‘properly interested persons’ to see a copy of the report and to ‘inspect’ documents. Lord Hutton’s highly unusual measures, have overridden these rules, so the files cannot be opened until all such people are dead.

The Ministry of Justice would not explain the legal basis for Lord Hutton’s order. The secrecy restrictions became public in a letter from Oxfordshire County Council to doctors who are challenging Hutton's verdict. A group of doctors, including Dr Powers, have compiled a medical dossier as part of their legal challenge to Hutton's verdict. They argue that Dr Kelly killing himself by severing the ulnar artery in his left wrist after taking an overdose of prescription painkillers is not possible because the artery is small and difficult to access, and severing it could not have caused death.

In their 12-page report, they state: ‘The bleeding from Dr Kelly’s ulnar artery is highly unlikely to have been so voluminous and rapid that it was the cause of death. We advise the instructing solicitors to obtain the autopsy reports so that the concerns of a group of properly interested medical specialists can be answered.’ Dr Powers, a former assistant coroner, added: ‘Supposedly all evidence relevant to the cause of death has been heard in public at the time of Lord Hutton’s inquiry. If these secret reports support the finding of suicide what could they contain that could be so sensitive?’

At the time, Dr Kelly told the BBC’s Andrew Gilligan, one of its few ethical reporters, subsequently sacked, that the government were "desperate for information" which would back up their dishonest claims, that Iraq possessed WMDs but the "45 minutes claim got out of all proportion." Kelly also told Gilligan that the 45-minute claim was inserted "at the behest of Downing Street" and later Dr Kelly named Alistair Campbell as being responsible for the dishonesty.

However subsequently, Dr Kelly told two other BBC reporters, Ms.Susan Watts and Mr. Gavin Hewitt that "Dr Kelly was not disputing the 45-minute assessment that was included in a dossier by the intelligence services, although he did say, he felt that, to have been a mistake." If the 45-minute claim wasn't wrong, why would Dr. Kelly object to its use in the dossier, especially given his access to direct knowledge of the situation on the ground in Iraq?

This raises fresh questions about whether Dr Kelly was murdered by the British secret services. Most of the speculation at the time of his death, around his alleged suicide, was based on the scandal of the ‘pressure’ he was subjected to by his own British government and his subsequent 'outing' to the media. But in light of what his real role was and his active communication with the media, as part of his job description, would surely call into question, any suggestion he committed suicide or he couldn’t handle the pressure.

Of course suggesting he was murdered raises eyebrows, after all this was hallowed English soil, not occupied Ireland and everybody knows that it wouldn’t be cricket to murder an old boy of their own, would it?. But ask any Irish freedom fighter over the last 40 years, about the role of British intelligence with the use of Loyalist gangs, in the murder of hundreds of innocent Irish citizens, including the assassination of legal and media professionals, to verify that the British government had no qualms about ‘taking out’  innocent opposition.

The Kelly affair is fundamental to understanding the workings of the British state, especially in respect to any threat to its empire-building ambitions. The British state has always carefully nurtured the illusion that its an ‘honest broker’ in its dealing with Her Majesty's commoners and that its civil service is 'fair', ‘neutral’ and ‘impartial’ when the unfortunate reality is, that it has long ago earned its infamous international reputation of perfidious Albion.

There was a lot at stake at the time, not just the secret service's creation, Blair's political life but the British image of government of being a reliable partner’ of the world’s most powerful transparent republican state, the United Snakes of America. If the rationale for invasion fell apart in Britain, the entire house of cards for the Iraq invasion, would have come tumbling down and more than million dead innocent civilian casualties would now be alive today, to enjoy the fruits of their nation's rich oil resources, rather than the invading British and American war criminals.

Many objective observers now believe, that the initial exposure of faked CIA Niger documents which triggered the unravelling of the entire scam, led to the exposure of the 45-minute claim, which meant that there was nothing of substance left to support the invasion. Confronted with this reality, it’s reasonable to assume that Dr Kelly went through some kind of experience, like St. Paul on the road to Damascus, supporting the idea that Dr Kelly was on the verge of exposing the entire, rotten deal and rotten British system. Its highly unlikely that that we will ever get at the truth in our lifetime, owing to a cult of secrecy, that surrounds the inner workings of the British Monarchy and its class system of privilege to power and money.


Was he murdered because he was about to expose the lies, what do you think ?







Tuesday, January 26, 2010

Ireland's Van Diemen's Land






























The following is just a small excerpt from an excellent article about John Mitchell who was mostly based in Newry, in Wikipedia. I strongly recommend it as a essential reading for anyone interested in the Irish struggle and the connection with Tasmania or Van Diemen's Land. There is still a Cumann of Sinn Fein bearing his name in Newry kept alive by Tom Lonergan. Mitchell's ideas and analysis are very relevant to todays struggle in Ireland and encompass much of the solution on the way forward. Mitchell a Presbyterian, was also an internationalist who saw International capitalism as the real enemy. His role in the American civil war was misunderstood by many.


:explode


Link to John Mitchel and Australian Discussion





Monday, January 25, 2010

PSNI - PORNOGRAPHY SHOW NORTH IRELAND: PSNI = PORN SHITE NORN IRON


PSNI - PORNOGRAPHY SHOW NORTH IRELAND: PSNI = PORN SHITE NORN IRON

BBC BRUTISH BULLSCUTTER COPERATION

Don't even give them a chance to launch their Bullscutter !

Oh, no. Brutish Bullscutter Coperation. Don't come fucking near me today. Dear Jaysus, you Kerry fucking recruits and gobshites all over the Irish media are their by-product. There are so many things I could say to express my deep mistrust and yes, anger of these new media Irish opinion makers. Their world service can be a titillating export but their rampant censorship of the restless native's replies stinks to high heaven, of arrogance, cultural imperialism and age old repression.

I don't vote right wing as far as I know, so maybe that also explains my antagonism to them. I don't believe the Brutish Bullscutter Coperation, which henceforth will be simply called the BBC, offer anything approximating legitimate alternatives for this country, indeed any country but thats their business. I disagree with their monarchy, class system of commoners, lords, inherited privilige and intolerance of diversity or alternatives.

Lest you think nationalism is blinding me, do not confuse my rants against Brutish Bullscutter with the many Scottish, English and Welsh friends I have known down through the years, most of whom are the salt of the Earth in my opinion and great people.

It goes against every fibre of my being and tradition to be rude to people but you have got to stand up for your identity these days or become a smiling zombie product of their pundits and seductive manipulating bullscutter.

Brutes are people too but we must take this tour d'arse with all of its insanity, as a relief from the bland sanitized, couldn't give a fuck mercenary BULLSCUTTER ! of our age.

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