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Tag Archives: corruption

John Helmer — PRIVATE BLIND EYE – HOW THE LAST BRITISH INVESTIGATIVE JOURNALIST TURNS ONE ON RUSSIA

What Private Eye has failed to investigate is how Chernukhin has been able to import and invest a fortune in the UK, with the imprimatur of the British Government, financial regulators, and banks – a fortune whose origin when he was a state official in Moscow Chernukhin declines to explain.... On the say-so of Kasyanov and Kudrin, Chernukhin supervised VEB’s takeover of most Russian pension fund contributions; management of Soviet-era debts owed to Moscow by states like Czechoslovakia and...

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The End of Brazilian Democracy

As noted in my previous post on this, there was a good chance that the Neo-Fascist candidate Jair Bolsonaro would win the election in Brazil. And he did, with approximately 39 percent of all votes. There are only a few things that I want to point out about this. The Workers' Party (PT) candidate received about 32 percent of all votes. Note that 29 percent or so did not vote, in one way or another. So PT maintained almost one third of the electorate in this election, while its rival in...

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Michael Roberts — Regulation does not work

There is one big lesson from the Danske Bank money laundering scandal. Regulating the modern banking system does not work. Modern banks are now primarily giant hedge fund managers speculating on financial assets or they are conduits for tax avoidance havens for the top 1% and the multi-nationals.… John Horan, senior associate at Maze Investigation, Compliance and Training Ltd. in Belfast, says money laundering is a Europe-wide problem. “dark money will almost certainly continue to flow...

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Pam and Russ Martens — Kavanaugh Hearing: Yes, There’s a Conspiracy; But It’s Not Coming from Dems

The front groups that have been funded for decades by billionaires Charles and David Koch, majority owners of the fossil fuels conglomerate, Koch Industries, are determined to put Brett Kavanaugh on the Supreme Court because he has demonstrated a willingness to write decisions favorable to gutting regulations on greenhouse gas emissions. Whether Kavanaugh has a history of sexual assaults is irrelevant to that agenda. As recently as last evening, a dark money group that keeps its donors a...

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Pam and Russ Martens — The Kavanaugh Nomination’s Money Trail Leads Back to Clarence Thomas

Dark money and conflict of interest on SCOTUS. Sex scandal is just a canard. The real issues go far deeper. Not that the sex scandal is immaterial. In fact, the GOP seems to have decided it doesn't need educated white women after having previously decided that it doesn't need college-educated white males and non-whites. The "Big Tent" has narrowed to not-college white males and Evangelicals.Wall Street On ParadeThe Kavanaugh Nomination’s Money Trail Leads Back to Clarence Thomas Pam...

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Bill Mitchell – Public infrastructure investment must privilege public well-being over profit

One of the principle ways in which so-called progressive political parties (particularly those in the social democratic tradition) seek to differentiate themselves from conservatives is to advocate large-scale public infrastructure investment as a way of advancing public good. You can see evidence of that in most nations. Nation-building initiatives tend to be popular and also are less sensitive to the usual attacks that are made on public spending when income support and other welfare-type...

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Mark GB — The British Government is not fit for purpose – and this is why

'Government' in the UK...and elsewhere...is a function of a corrupt relationship between politicians and vested interests from the corporate sector and foreign lobbyists. Mark GB highlights the depths of the systemic problem. ******* You won’t find accountability on an organisational chart; because it is a function of character: it’s not about how ‘smart’ you are, it cannot be ‘bought’, and you’ve either led a life that has nourished it…or you haven’t. Clearly, this is not just a...

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Philip Giraldi — Revolving Door: How Security Clearances Perpetuate Top-Level Corruption in the United States

The problem arises when former officials use their clearances as bona fides to enhance their marketability for non-clearance jobs in the media or corporate world, particularly when those individuals are criticizing current government policies and behaving in a partisan fashion regarding specific candidates for office. Donald Trump was especially assailed by former officials John Brennan, James Clapper, Michael Hayden and Michael Morell before the 2016 election, all of whom continue to...

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