Check It Out for Thursday, April 30th
Glenn Greenwald writes at Salon about confirmation of the reality that banks "own" Congress.
"Sen. Dick Durbin, on a local Chicago radio station this week, blurted out an obvious truthown the place." The blunt acknowledgment that the same banks that caused the financial crisis "own" the U.S. Congress -- according to one of that institution's most powerful members -- demonstrates just how extreme this institutional corruption is.
about Congress that, despite being blindingly obvious, is rarely spoken: "And the banks -- hard to believe in a time when we're facing a banking crisis that many of the banks created -- are still the most powerful lobby on Capitol Hill. And they frankly
"The ownership of the federal government by banks and other large corporations is effectuated in literally countless ways, none more effective than the endless and increasingly sleazy overlap between government and corporate officials. Here is just one random item this week announcing a couple of standard personnel moves:
Former Barney Frank staffer now top Goldman Sachs lobbyist
Goldman Sachs' new top lobbyist was recently the top staffer to Rep. Barney Frank, D-Mass., on the House Financial Services Committee chaired by Frank. Michael Paese, a registered lobbyist for the Securities Industries and Financial Markets Association since he left Frank's committee in September, will join Goldman as director of government affairs, a role held last year by former Tom Daschle intimate, Mark Patterson, now the chief of staff at the Treasury Department. This is not Paese's first swing through the Wall Street-Congress revolving door: he previously worked at JP Morgan and Mercantile Bankshares, and in between served as senior minority counsel at the Financial Services Committee.
"So: Paese went from Chairman Frank's office to be the top lobbyist at Goldman, and shortly before that, Goldman dispatched Paese's predecessor, close Tom Daschle associate Mark Patterson, to be Chief of Staff to Treasury Secretary Tim Geithner, himself a protege of former Goldman CEO Robert Rubin and a virtually wholly owned subsidiary of the banking industry. That's all part of what Desmond Lachman -- American Enterprise Institute fellow, former chief emerging market strategist at Salomon Smith Barney and top IMF official (no socialist he) -- recently described as "Goldman Sachs's seeming lock on high-level U.S. Treasury jobs."
"Meanwhile, the above-linked Huffington Post article which reported on Durbin's comments also notes Sen. Evan Bayh's previously-reported central role on behalf of the bankers in blocking legislation, hated by the banking industry, to allow bankruptcy judges to alter the terms of mortgages so that families can stay in their homes."Goldman is also the top donor to Bayh over the course of his Congressional career, during which Bayh has received more than $4 million from the finance, insurance and real estate sectors..."
Laura Carlsen at Americas Mexico Blog via CommonDreams writes about the swine flu outbreak and the globalization of disease.
"Here in Mexico City...I didn't feel an atmosphere of panic. Mexicans seem to have accepted the epidemic and changes in their lives with a combination of cultural fatalism and survival instincts although many are skeptical of the government's claims and the measures taken.
"The flu is a mutant form of swine flu, human seasonal flu and bird flu. In itself, it is not lethal but it leads to complications of "atypical pneumonia". It's atypical because it's out of season and because victims tend to concentrate in the middle age range. Unlike regular pneumonia that picks off the very young and the very old, deaths of this virus tend to be within the 20-40 range. No-one seems to know exactly why this is. In fact, it is the newness of the virus that has raised the alarm. It can be treated successfully with anti-virals but there is no vaccine for it.
"Mexican officials "act like this is something that fell from the sky, but we've known for a long time that industrial livestock operations, especially hogs, are a breeding ground for recombinant viruses.
" The paradox of this swine flu panic is that, while totally unexpected, it was accurately predicted. Six years ago, Science dedicated a major story to evidence that "after years of stability, the North American swine flu virus has jumped onto an evolutionary fast track".
"NAFTA unleashed the spread of industrial livestock farms in Mexico by creating investment incentives for transnational companies to relocate operations there. The "race to the bottom" -where companies move production to areas where environmental and health restrictions and enforcement are low, is exemplified in livestock farming.
"Smithfield has had more than its share of legal problems stemming from its operations in the United States. Most recently it announced a decision to reject a $75 million dollar settlement on claims brought in Missouri by residents complaining of the stench. On August 8, 1997 a federal court judge in Virginia imposed a $12.8 million fine on Smithfield Foods forviolation of the Clean Water Act. In September of 1999 an appeal upheld the ruling.
"In 1994, the year NAFTA went into effect, Smithfield established the Perote operations with the Mexican agrobusiness AMSA (Agroindustrias Unidas de México S.A. de C.V.). In 1999 it bought the U.S. company Carroll's Foods for $500 million and began rapid expanision (sic) of its operations in Perote.
"Banking on Disease Livestock transnationals are not the only economic interests involved in preserving the dangerous situation that led to this epidemic. In an article entitled "An epidemic of profiteering", ....the epidemic means big business for the pharmaceutical companies who hold patents on anti-viral medicines. "Shares in Gilead rose 3%, Roche 4% and Glaxo 6%, and that's only the beginning."
"The SPP North American Plan declares that it provides a framework to accomplish the following: * Detect, contain and control an avian influenza outbreak and prevent transmission to humans; * Prevent or slow the entry of a new strain of human influenza into North America; * Minimize illness and deaths; and * Sustain infrastructure and mitigate the impact to the economy and the functioning of society.
"Where was this plan when Perote was reporting illness and a local epidemic way back in March? Has this group done serious research on the risks of industrial livestock production? Why did the CDC take nearly a week to respond to reports of the Mexican epidemic?
"The answers lie in....the "global political clout" of the livestock transnationals. Another hint can be found in this phrase from the SPP announcement: 'Central to the Plan is a North American approach that undertakes measures to maintain the flow of people, services, and cargo across the borders during a severe pandemic while striving to protect our citizens.' "
"Apocalypse Now. Run for cover. The turbans are coming. This is the state of Pakistan today, according to the current hysteria disseminated by the Barack Obama administration and United States corporate media - from Secretary of State Hillary Clinton to The New York Times. Even British Prime Minister Gordon Brown has said on the record that Pakistani Talibanistan is a threat to the security of Britain.
"But unlike St Petersburg in 1917 or Tehran in late 1978, Islamabad won't fall tomorrow to a turban revolution.
"Pakistan is not an ungovernable Somalia
"The Pakistan-based Taliban - subdivided in roughly three major groups, amounting to less than 10,000 fighters with no air force, no Predator drones, no tanks and no heavily weaponized vehicles - are concentrated in the Pashtun tribal areas, in some districts of North-West Frontier Province (NWFP), and some very localized, small parts of Punjab.
"To believe this rag-tag band could rout the well-equipped, very professional 550,000-strong Pakistani army, the sixth-largest military in the world, which has already met the Indian colossus in battle, is a ludicrous proposition.
"Moreover, there's no evidence the Taliban, in Afghanistan or in Pakistan, have any capability to hit a target outside of "Af-Pak"(Afghanistan and Pakistan). That's mythical al-Qaeda's privileged territory. As for the nuclear hysteria of the Taliban being able to crack the Pakistani army codes for the country's nuclear arsenal (most of the Taliban, by the way, are semi-literate), even Obama, at his 100-day news conference, stressed the nuclear arsenal was safe.
"Zardari's government this week had to send in troops and the air force to deal with the Buner problem, in the Malakand district of NWFP, which shares a border with Kunar province in Afghanistan and thus is relatively close to US and North Atlantic Treaty Organization (NATO) troops. They are fighting less than 500 members of the Tehrik-e Taliban-e Pakistan (TTP). But for the Pakistani army, the possibility of the area joining Talibanistan is a great asset - because this skyrockets Pakistani control of Pashtun southern Afghanistan, ever in accordance to the eternal "strategic depth" doctrine prevailing in Islamabad.
"So if Islamabad is not burning tomorrow, why the hysteria? There are several reasons. To start with, what Washington - now under Obama's "Af-Pak" strategy - simply cannot stomach is real democracy and a true civilian government in Islamabad; these would be much more than a threat to "US interests" than the Taliban, whom the Bill Clinton administration was happily wining and dining in the late 1990s.
"What Washington may certainly relish is yet another military coup - and sources tell Asia Times Online that former dictator General Pervez Musharraf (Busharraf as he was derisively referred to) is active behind the hysteria scene.
"It's crucial to remember that every military coup in Pakistan has been conducted by the army chief of staff. So the man of the hour - and the next few hours, days and months - is discreet General Ashfaq Kiani, Benazir's former army secretary. He is very cozy with US military chief Admiral Mike Mullen, and definitely not a Taliban-hugger.
"Moreover, there are canyons of the Pakistani military/security bureaucracy who would love nothing better than to extract even more US dollars from Washington to fight the Pashtun neo-Taliban that they are simultaneously arming to fight the Americans and NATO. It works. Washington is now under a counter-insurgency craze, with the Pentagon eager to teach such tactics to every Pakistani officer in sight."
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