Edward Bernays – Propaganda

Created on Saturday, 04 September 2010 16:31

The conscious and intelligent manipulation of the organized habits and opinions of the masses (i.e. Propaganda) is an important element in a democratic society. Those who manipulate this unseen mechanism of society constitute an invisible government which is the true ruling power of our country.”— Edward Bernays in his book titled, Propaganda

A seminal and controversial figure in the history of political thought and public relations, Edward Bernays (1891–1995), pioneered the scientific technique of shaping and manipulating public opinion, which he famously dubbed “engineering of consent.” During World War I, he was an integral part of the U.S. Committee on Public Information (CPI), a powerful propaganda apparatus that was mobilized to package, advertise and sell the war to the American people as one that would “Make the World Safe for Democracy.” The CPI became the blueprint that marketing strategies for future wars were based on.

Bernays applied the techniques he had learned in the CPI and, incorporating some of the ideas of Walter Lipmann, became an outspoken proponent of propaganda as a tool for democratic and corporate manipulation of the population. His 1928 bombshell Propaganda lays out his eerily prescient vision for using propaganda to regiment the collective mind in a variety of areas, including government, politics, art, science, and education.

To read this book today is to comprehend what our contemporary institutions of government and business have become with regard to organized manipulation of the masses.

This is the first reprint of Propaganda in over 30 years.

 

The BP Oil Spill – Qui Bono?

Created on Tuesday, 22 June 2010 22:38

[…] Deepwater Horizon was essentially the world’s most technologically advanced, most expensive deepwater drilling rig in existence.  This rig has multiple…multiple safety measures, including advanced “dead man” switches and safeties.  How did this explosion occur in the first place?

Not to mention the political conspiracies that abound. Who stands to make money on this? Who stands to earn favors and treats?  And why can no one on Earth figure out how to stop this arterial bleeding from deep within the planet?  Is this just another footnote in the lead up to 2012? Some might think so. 

Also, think about who stands to gain from the ban on deepwater drilling.  While you might not think that would be profitable, look into the Chicago Climate Exchange and who has ties to that.

Obama can maintain his stance to Republicans and oilmen that he was in favor of expanding off-shore drilling, but we will never truly know because it is now banned. 

Also, imagine those on the other end of the oil industry. OPEC can now charge you even more for gasoline and blame it on BP’s disaster.   All of this, no matter the ‘why?’, ties directly into preparedness. Can you afford gasoline that costs $5.60 a gallon next year?  What if Iran were to be struck by Israel?  Imagine $7.25 a gallon, then.  And if you think that is simply absurd, UK residents already pay close to $7.00 USD/gallon sometimes and have for years!

Regardless, the Gulf of Mexico, the Gulf Coastline and soon to be the Eastern Seaboard are in dire trouble.  Seafood, whole industries and millions of lives now hang in the balance.  Anyway, on to the article:

– Sales of shares and stocks in days and weeks beforehand changed hands in large amounts, including chief executive Tony Hayward who sold 1/3 of his interest in BP to “pay his mortgage.”  Hayward’s yearly salary is 4x his total mortgage.

– Halliburton link, acquisition of cleanup company days before the explosion

– BP report cites undocumented tampering with well-sealing equipment

– Government uses disaster to push for Carbon Tax, Nationalization talk

Troubling evidence surrounding the Deepwater Horizon explosion on April 20th suggests that the incident could have been manufactured.

On April 12th, just over one week before the Deepwater Horizon rig exploded, Halliburton, the world’s second-largest oilfield services corporation, surprised some by acquiring Boots & Coots, a relatively small but vastly experienced oil well control companies.

The company deals with fires and blowouts on oil rigs and oil wells. It was responsible for putting out roughly one-third of the more than 700 oil well fires set in Kuwait by retreating Iraqi soldiers during the Gulf War.

The deal itself is still under scrutiny with Boots and Coots facing an ongoing investigation into “possible breaches of fiduciary duty and other violations of state law”

Where this information gets really interesting is with the fact that Halliburton is named in the majority of some two dozen lawsuits filed since the explosion by Gulf Coast people and businesses who claim that the company is to blame for the disaster. Halliburton was forced to admit in testimony at a congressional hearing last month that it carried out a cementing operation 20 hours before the Gulf of Mexico rig went up in flames. The lawsuits claim that four Halliburton workers stationed on the rig improperly capped the well.

As the New York Times noted on May 26th, "BP officials chose, partly for financial reasons, to use a type of casing for the well that the company knew was the riskier of two options."

Workers from the rig and company officials have said that hours before the explosion, gases were leaking through the cement, which had been set in place by the oil services contractor, Halliburton. Investigators have said these leaks were the likely cause of the explosion.” According to a 2007 study by Minerals Management Service, cementing was a factor in 18 of 39 rig blowouts in the gulf between 1992 and 2006. Another intriguing connection Boots and Coots has to the Deepwater Horizon explosion comes via Pat Campbell, the man BP has employed to cap the well beneath the ruined rig. Campbell worked for Boots and Coots as general manager for many years.

BP has admitted to buying Yahoo and Google keywords in an attempt to control publicly available information in the wake of the catastrophe. It seems that the company is taking all the flack for the spill while the Halliburton link is being roundly ignored.

BP’s prepared testimony briefingwhich has since leaked online, also intriguingly notes that the Hydraulic Control System on equipment designed to automatically seal the well in an emergency was modified without their knowledge sometime before the explosion.

“the extent of these modifications is unknown at this time” states the report on page 37.

Possible prior knowledge of the explosion is also evident via huge dumping of stocks and shares in the weeks and days prior to the incident.

Goldman Sachs dumped 44% of its shares in BP Oil during the first quarter – shares that subsequently lost 36 percent of their value, equating to $96 million.

Other asset management firms also sold huge blocks of BP stock in the first quarterThough the amounts pale in comparison to Goldman’s holdings, Wachovia, owned by Wells Fargo, sold 98% of its shares in BP and Swiss bank UBS sold 97% of its BP shares.

Furthermore, as reported by the London Telegraph on June 5th, Tony Hayward, the chief executive of BP, sold £1.4 million of his shares in the fuel giant weeks before the spill.

In the days before the Deepwater explosion, Obama had announced a new effort to explore and lease new drilling locations in the deep Gulf and in Alaska. In the wake of the disaster, these plans have been canceled and BP is taking a PR bashing. All of which has been capitalized on by the Obama administration to reinvigorate talk of a carbon tax and has created the opportunity to reintroduce the idea of nationalizing oil, which theDemocratic leadership has long sought.

The full story of what is happening in the Gulf of Mexico is yet to emerge, there are rumors of more spills and an ongoing coverup.

The site represents a $2.2 trillion source of wealth and power, a motive along with a plethora of suspicious activity that needs to be investigated further.

Source: Truthistreason.net

 

Left-Wing Icon Daniel Ellsberg: ‘Obama Deceives the Public’

Created on Thursday, 17 June 2010 08:07

About Daniel Ellsberg

Daniel Ellsberg, 79, a former United States Marine and military analyst, triggered a national crisis in 1971 when he released the 'Pentagon Papers' to the New York Times and other newspapers. The classified Pentagon documents -7,000 pages commissioned by then-Defense Secretary Robert McNamara – revealed that the US government knew the Vietnam War was ultimately unwinnable.

The White House fought the publication all the way up to the Supreme Court and, when that proved unsuccessful, proceeded to smear and persecute Ellsberg. Today, Ellsberg continues to tour the world as a lecturer, writer and activist.

Daniels Ellsberg's Website

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Daniel Ellsberg, the legendary leaker of the "Pentagon Papers" in 1971, still has a bone to pick with the White House. In an interview with SPIEGEL ONLINE, the 79-year-old peace activist accuses President Obama of betraying his election promises — in Iraq, in Afghanistan and on civil liberties.

SPIEGEL ONLINE: Mr. Ellsberg, you're a hero and an icon of the left. But we hear you're not too happy with President Obama anymore.

Daniel Ellsberg: I voted for him and I will probably vote for him again, as opposed to the Republicans. But I believe his administration in some key aspects is nothing other than the third term of the Bush administration. 

SPIEGEL ONLINE: How so?

Ellsberg: I think Obama is continuing the worst of the Bush administration in terms of civil liberties, violations of the constitution and the wars in the Middle East.

SPIEGEL ONLINE: For example?

Ellsberg: Take Obama's explicit pledge in his State of the Union speech to remove "all" United States troops from Iraq by the end of 2011. That's a total lie. I believe that's totally false. I believe he knows that's totally false. It won't be done. I expect that the US will have, indefinitely, a residual force of at least 30,000 US troops in Iraq.

SPIEGEL ONLINE: What about Afghanistan? Isn't that a justifiable war?

Ellsberg: I think that there's an inexcusable escalation in both countries. Thousands of US officials know that bases and large numbers of troops will remain in Iraq and that troop levels and bases in Afghanistan will rise far above what Obama is now projecting. But Obama counts on them to keep their silence as he deceives the public on these devastating, costly, reckless ventures.

SPIEGEL ONLINE: You doubt not only Obama's missions abroad but also his politics back home in the US. Why exactly are you accusing the president of violating civil liberties?

Ellsberg: For instance, the Obama administration is criminalizing and prosecuting whistleblowers to punish them for uncovering scandals within the federal government …

SPIEGEL ONLINE: … Such as the arrest, confirmed this week, of an Army intelligence analyst for leaking the "Collateral Murder" video of a deadly US helicopter attack in Iraq, which was later posted online at WikiLeaks.

Ellsberg: Also, the recent US indictment of Thomas Drake.

SPIEGEL ONLINE: Drake was a former senior official with the National Security Agency (NSA) who provided reporters with information about failures at the NSA.

Ellsberg: For Obama to indict and prosecute Drake now, for acts undertaken and investigated during the Bush administration, is to do precisely what Obama said he did not mean to do — "look backward." Of all the blatantly criminal acts committed under Bush, warrantless wiretapping by the NSA, aggression, torture, Obama now prosecutes only the revelation of massive waste by the NSA, a socially useful act which the Bush administration itself investigated but did not choose to indict or prosecute!

Bush brought no indictments against whistleblowers, though he suspended Drake's clearance. Obama, in this and other matters relating to secrecy and whistleblowing, is doing worse than Bush. His violation of civil liberties and the White House's excessive use of the executive secrecy privilege is inexcusable.

SPIEGEL ONLINE: Why would Obama reverse himself?

Ellsberg: He's a good politician. He said what he needed to say to get elected, and now he's just taking advantage of the office. Like any administration before, his administration caters to the profits of big corporations like BP and Goldman Sachs — even though I think BP won't get off that easily this time. His early campaign contributions, the big corporate contributions, came from Wall Street. They got their money's worth.

In fact, during the campaign of 2008, three candidates were backed by Wall Street: Obama, Hillary Clinton and John McCain. If you look at the rhetoric, the most promising was John Edwards. Too bad he turned out to be a jerk.

SPIEGEL ONLINE: But Obama has been very verbal about his criticism of Wall Street.

Ellsberg: His actions are totally uncoupled from his public statements. I don't even listen anymore. He has turned 180 degrees. Another example: His promise to filibuster a law giving the phone companies legal immunity for any role they played in Bush's domestic eavesdropping program. Then he not only voted not to filibuster it, but he also voted for the law — against the wishes of his backers.

SPIEGEL ONLINE: Do you think that will backfire for the Democrats in the upcoming midterm elections?

Ellsberg: I don't think what Obama is doing is the best way to get votes. But it's the best way to get campaign contributions.

SPIEGEL ONLINE: You were the ultimate whistleblower. In 1971, you leaked the Pentagon Papers to the New York Times, revealing that the government was well aware the Vietnam War couldn't be won. You changed history but were vilified and prosecuted for it. Would you still do it today?

Ellsberg: I wouldn't wait that long. I would get a scanner and put them on the Internet.

SPIEGEL ONLINE: Would that still have the same impact?

Ellsberg: If the Pentagon Papers came online today all at once, the government wouldn't be tempted to enjoin it. Back then, we got this long duel going between newspapers and the government. In the end, 19 newspapers ended up putting up parts of the documents, day after day after day. It created this ongoing scandal. I don't think it would have the same impact online as having it in the Times.

SourceDer Spiegel Online, 06/09/2010, Interview conducted by Marc Pitzke

Related:

The Most Dangerous Man in America: Daniel Ellsberg and the Pentagon Papers

All Roads Lead to Goldman Sachs

Created on Friday, 09 April 2010 18:12

Once upon a time, Goldman Sachs shunned publicity. During the period from 1930 to 1969, Sydney Weinberg ran Goldman Sachs where he developed a staunch corporate cultural aversion to publicity.  During the 1970s, a tandem of John Weinberg and John Whitehead assumed the reigns of leadership at Goldman Sachs.  Whitehead left the company in 1984 to enter public life.  John Weinberg carried on in the same vein as his father Sydney – shunning publicity – to the point where he hired a man to keep his name and his firm's out of the press.  He kept him off the full-time payroll (though he sat full-time at a desk in head office) so that if, improbably, a comment did slip out, it could be honestly dismissed as not coming from a Goldman Sachs employee.  John Weinberg served as sole senior partner and chairman until 1990.  His mantra was to put the client’s interests first and he wouldn’t allow Goldman to be involved in hostile takeovers.

The culture at Goldman Sachs dramatically changed in 1990 when operational control of the firm was ceded to Robert Rubin and Stephen Friedman.  This tandem became the Co-Senior Partners in 1990 and refocused the firm on globalization and strengthening the Merger & Acquisition and Trading business lines.

Since this cultural shift in 1990, Goldman, its employees and alumni have been attracting HEAPS of public attention – much of it unflattering – owing to allegations and/or public perceptions of frontrunning, government patronage/favoritism, and conflict of interests with clients.  As the following biographical sketches attest – Goldman Sachs has become not only a world-renowned financial juggernaut but also highly influential in areas that transcend finance.

High Profile Goldman Associates – Notable or Notorious?

John Whitehead – Had a 38-year career at Goldman Sachs – he retired in 1984 as Co-Chairman and Co-Senior Partner. He served as United States Deputy Secretary of State in Ronald Reagan's administration from 1985 to 1989 under George Shultz and was awarded the Presidential Citizens Medal by President Reagan. In 1996, he was the campaign chairman for Michael Benjamin who ran for a seat in New York's 8th congressional district.  He is former Chairman of the Board of the Federal Reserve Bank of New York, the United Nations Association, and a former Chairman of The Andrew W. Mellon Foundation and the Harvard Board of Overseers. He is a former director of the New York Stock Exchange and Chairman Emeritus of The Brookings Institution.

Robert Rubin – served as the 70th United States Secretary of the Treasury during both the first and second Clinton administrations. Before his government service, he spent 26 years at Goldman Sachs serving as a member of the Board, and Co-Chairman from 1990-1992.

Henry Paulson – as the 74th United States Treasury Secretary. He previously served as the Chairman and Chief Executive Officer of Goldman Sachs.

John Thain – The last chairman and chief executive officer of Merrill Lynch before its merger with Bank of America.  Before he came to Merrill, Thain was the CEO of the New York Stock Exchange from January 2004 to December 2007. He also worked at Goldman Sachs, as head of the mortgage desk from 1985 to 1990, and president and co-chief operating officer from 1999 to 2004.

Robert Steel – Served as Under Secretary for Domestic Finance of the United States Treasury from 2006-08. He has also served as president and CEO of Wachovia Corporation and as vice-chair of Goldman Sachs.

Edward Liddy – Was on the board of Goldman Sachs from 2003 to 2008, when he resigned to become CEO of AIG. He was selected by Henry Paulson for both roles.

Stephen Friedman – Former Chairman of the Federal Reserve Bank of New York, resigned on May 7, 2009.  Worked for much of his career with investment bank Goldman Sachs, holding numerous executive roles. He served as the company's co-chief operating officer from 1987 to 1990, was the company's co-chairman from 1990 to 1992, and the sole chairman from 1992 to 1994; he still serves on the company board. 

William Dudley – Worked 21 years at Goldman Sachs, succeeded Tim Geithner as President of the New York Federal Reserve in 2009.

Josh Bolten – Worked 5 years at Goldman Sachs, became White House Chief of Staff for George W. Bush.

Reuben Jeffrey – Had an 18-year career at Goldman, left in 2001 when President Bush appointed him as his Special Advisor on Lower Manhattan Development, and in 2002, Jeffery left Goldman Sachs to take on this responsibility. In 2003, Jeffery became a Special Advisor to L. Paul Bremer, head of the Coalition Provisional Authority in Iraq, and then became the Representative and Executive Director of the Coalition Provisional Authority Office in The Pentagon. He served as a member of the United States National Security Council until 2005, as a Senior Director responsible for International Economic Affairs.  Jeffery was named the chairman of the Commodity Futures Trading Commission.  On April 16th, 2007, President Bush nominated Jeffery as Under Secretary of State for Economic, Business, and Agricultural Affairs.

Arthur Levitt Jr. – Former Securities and Exchange Commission [S.E.C.] Chairman and senior advisor to the Carlyle Group began an advisory role with Goldman Sachs in June 2009.

Rahm Emanuel – Current White House Chief of Staff [Obama], was originally hired by Bill Clinton as his chief fundraiser.  At that time [1992] Emanuel was on the payroll of Goldman Sachs, receiving $3,000 per month from the firm to "introduce us to people" according to a Goldman partner.

Gavyn Davies – Former Chief Economist at Goldman Sachs and current President of the British Broadcasting Corp. [BBC] is married to British Prime Minister Gordon Brown's special adviser Sue Nye.

Gerald Corrigan –  Was a special Assistant to Federal Reserve Board Chairman, Paul Volcker in Washington, D.C. He went on to serve as president of the Federal Reserve Bank of Minneapolis from 1980 to 1984 and President of the Federal Reserve Bank of New York from 1985 until 1993.  From 1991 to 1993 he was Chairman of the Basel Committee on Banking Supervision. From 1993 to 1995 he was director of the Council on Foreign Relations.  Dr. Corrigan is currently a partner and managing director in the Office of the Chairman at Goldman Sachs and was appointed chairman of GS Bank USA, the bank holding company of Goldman Sachs, in September 2008. He is also a member of the Group of Thirty, an influential international body of leading financiers and academics.

Duncan Niederauer – Was appointed chief executive officer and director of NYSE Euronext, effective December 1, 2007, after joining NYSE Euronext in April 2007 as a member of the Management Committee. Mr. Niederauer also serves on the boards of NYSE Group and Euronext N.V. Mr. Niederauer was previously a partner at The Goldman Sachs Group, Inc. (United States) (GS) where he held many positions, among them, co-head of the Equities Division execution services franchise and the managing director responsible for Goldman Sachs Execution & Clearing, L.P. (formerly known as Spear, Leeds & Kellogg L.P.). Mr. Niederauer joined GS in 1985. From March 2002 until his resignation in February 2004, Mr. Niederauer also served on the board of managers of Archipelago Holdings, LLC (United States).

Lawrence Summers – Director of the White House's National Economic Council for President Barack Obama and former Secretary of the U.S. Treasury [Clinton]..  In 2008, Summers was paid 135,000 for giving a speech to Goldman executives.

Jon Corzine – Served five years of a six-year Senate term before being elected Governor in 2005. He was defeated for re-election in 2009 by Republican Chris Christie.  Former Chairman and co-CEO of Goldman Sachs.  Left firm in 1998 and entered politics.

Gary Gensler – Chairman of the U.S. Commodity Futures Trading Commission [CFTC] under President Barack Obama.  Gary Gensler spent 18 years at Goldman Sachs, making partner when he was 30, becoming head of the company’s fixed income and currency trading operations in Tokyo by the mid-’90s.

Robert Zoellick – Is the eleventh president of the World Bank, a position he has held since July 1, 2007. He was previously a managing director of Goldman Sachs, United States Deputy Secretary of State (resigning on July 7, 2006) and U.S. Trade Representative from February 7th, 2001, until February 22, 2005.

Neel Kashkari – In July 2006, Kashkari was appointed as a special assistant to Treasury Secretary Henry Paulson. In the summer of 2008, he was appointed assistant secretary for international economics and was confirmed in that post by the U.S. Senate. On October 6, 2008, Paulson named Kashkari interim head of the new Office of Financial Stability. Overseen by the treasury secretary, he is in charge of creating and implementing the United States government's $700 billion financial stabilization program.  Prior to joining the Treasury Department, Kashkari was a Vice President at Goldman, Sachs & Co. in San Francisco.

Mario Draghi – Head of the Bank of Italy and former mentor to current U.S. Treasury Secretary, Tim Geithner.  Draghi was vice-chairman and managing director of Goldman Sachs International and a member of the firm-wide management committee (2002-2005). 

Mark Carney – Governor of the Bank of Canada.  Before joining the public service, Carney had a thirteen-year career with Goldman Sachs in its London, Tokyo, New York and Toronto offices.

 Source: Rob Kirby – news.goldseek.com