Daily Archives: November 14, 2013


Hedges: Jeremy Hammond Exposed State’s Plan to Criminalize Democratic Dissent

The Real News Network has the video and transcript Hedges: Jeremy Hammond Exposed State’s Plan to Criminalize Democratic Dissent.

JAY: So, quickly, for people–most of our viewers must know this, but quickly, just what is it that Jeremy exposed?

HEDGES: He broke into the private security firm known as Stratfor, which does work for a variety of intelligence agencies–for the Marine Corps and the Defense Department, the Pentagon, but also for corporations, including Raytheon, Dow Chemical, and others. And he turned over 3 million emails, email exchanges within the company to Rolling Stone, WikiLeaks, and other publications.

Now, this was quite a significant dump, because it illustrated two or three very chilling things about the security and surveillance state, first of all that there was no division between corporate spying and government spying. It was seamless, including the same people going back and forth. It was from that dump that we realized the extent to which the Occupy movement was being spied upon and infiltrated and monitored and followed. And we also found from those email exchanges that there was a concerted attempt on the part of security officials, both inside the government and within the private security contracting agency, to link, falsely, nonviolent dissident groups with terrorist groups so that they could apply terrorism laws against these groups.
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Let me be perfectly clear about this – I DO NOT DO COMPUTER HACKING. However, it is clear that the government knows what I am publishing here. Who knows when they will decide that I support something or other that they do not like?

Well, at least they might decide to take care of my room and board for the rest of my life. How bad could that be?


Congress Working At Cross Purposes To The Fed

I have isolated this clip from the Hearings on Janet Yellen’s nomination to head the Federal Reserve bank.

Many times our fiscal policy and monetary policy has been working in cross purposes.



I have finally found someone from the Federal Reserve to plainly state what I have been claiming on this blog for a long time.

If this were not a job interview for Janet Yellin she could say it less diplomatically. The Fed would not had had to do some of the extraordinary things it has done, and you are so worried about, if the Fed had not needed to undo the damage that Congress has done with Congress’s economic policies.


Yellen says Fed has ‘more work to do’ to aid recovery

Reuters has the article Yellen says Fed has ‘more work to do’ to aid recovery.

(Reuters) – Janet Yellen, President Barack Obama’s nominee to lead the Federal Reserve, thinks the U.S. central bank has “more work to do” to help an economy and a labor market that are still underperforming.

“I believe that supporting the recovery today is the surest path to returning to a more normal approach to monetary policy,” Yellen, the Fed’s vice chair, said in remarks prepared for delivery to the Senate Banking Committee on Thursday.

Yay, Janet Yellen!  She appears to “get it” much more than President Obama does.  Although, I am not sure how much more the Fed can do to help the economy.  The powerful tools are in the hands of Congress and the Executive branch.  Rather than deploying these tools, they are both bragging about how they are retiring these tools – fiscal stimulus to be exact.