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This is perhaps the most important thing I learned over my years working on Wall Street, including as a managing director at Goldman Sachs: Numbers lie.
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Let's pause for some reflection: The bank "stars" made most of their money on speculation, got nearly $124 billion in government guarantees and subsidies between them over the past year and a half, yet saw continued losses in the credit products most affected by consumer credit problems. Both are setting aside top-dollar bonuses. JPMorgan Chase CEO Jamie Dimon mentioned that he's concerned about attracting talent, a translation for wanting to pay investment bankers big bucks—because, after all, they suffered so terribly last year, and he needs to stay competitive with his friends at Goldman.
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"In July 2002," the declassified report reveals, a CIA officer "reportedly used a 'pressure point' technique: with both of his hands on the detainee's neck, [he] manipulated his fingers to restrict the detainee's carotid artery." Another agent "watched his eyes to the point that the detainee would nod and start to pass out; then…shook the detainee to wake him. This process was repeated for a total of three applications on the detainee."
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Holder's brief currently involves just 20 cases, which include detainees who were murdered by the CIA. But even those will be tough to prosecute, reports The New York Times: "Evidence, witnesses and even the bodies of the victims of alleged abuses have not been found in all cases."
Because, you see, the bodies were burned and dumped.
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Is anyone ever going to be held accountable for the behind-the-scenes sweetheart deals that passed tens of billions of taxpayer dollars through the AIG shell game to the very banks that caused the financial meltdown?
Undoubtedly not, since the same folks who are most culpable wrote the laws that made this, and the other scams at the heart of the banking collapse, perfectly legal. And guess what? They’re back at work in the government, writing the new laws that will, they claim, prevent us from being had once again.
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Truth is, our capitol's being looted, republicans are acting like the town rowdies, the sheriff is firing blanks, and powerful Democrats in Congress are in cahoots with the gang that's pulling the heist. This is not capitalism at work. It's capital. Raw money, mounds of it, buying politicians and policy as if they were futures on the hog market.
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Journalism devoted merely to taking down what cynical and malign powers tell it is state stenography, not journalism.
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In a good example of D.C.-style math, King Obama has announced that he is pulling all combat troops out of Iraq, but 50,000 will remain there.
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Mor absurdly, the Faux News Channel interviewed an army officer this morning by first congratulating him and his fellow soldiers for “making Iraq a safe and secure place.” Before he said this, the network announced that they could not reveal the location of the interviewer “for security reasons.” The interview took place at a location where they were completely surroundedd by ten foot high piles of sandbags. This is how D.C. spells “secure.”
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