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ThinkProgress has found that a Goldman Sachs vice president changed his name, then quietly went to work for Issa to coordinate his effort to thwart regulations that affect Goldman Sachs’ bottom line....In a few short years, Haller went from being in charge of dealing with regulators for Goldman Sachs to working for Congress in a position where he made official demands from regulators overseeing his old firm.
It’s not the first time Haller has worked the revolving door to help out Goldman Sachs. According to a report by the nonpartisan Project on Government Oversight, Haller — then known as Peter Simonyi — left the Securities and Exchange Commission (SEC) in 2005 to work for Goldman Sachs, then quickly began lobbying his colleagues at the SEC on behalf of his new firm. At one point, Haller was compelled to issue a letter to the SEC claiming he did not violate ethics rules.
In June of this year, ThinkProgress broke the story about Issa’s own complicated relationship with Goldman Sachs. We revealed that Issa purchased a large amount of Goldman Sachs high yield bonds at the same time as he used the Oversight Committee to attack an investigation into allegations that Goldman Sachs had systematically defrauded investors leading up to the financial crisis. This conflict of interests, along with our exclusive story about Issa’s earmarks benefitting his own real estate empire,received coverage in a recent piece by the New York Times
When he took over the chairmanship of the Oversight Committee this year, Issa dramatically shifted the committee’s focus away from its traditional role of investigating major corporate scandals. Instead, Issa has used the committee to mergethe responsibilities of Congress with the interests of K Street and Issa’s own fortune.
“....Then, in spring 2008, prices just as mysteriously fell back to their previous level. Jean Ziegler, the UN Special Rapporteur on the Right to Food, calls it “a silent mass murder”, entirely due to “man-made actions.” Through the 1990s, Goldman Sachs and others lobbied hard and the regulations [controlling agricultural futures contracts] were abolished. Suddenly, these contracts were turned into “derivatives” that could be bought and sold among traders who had nothing to do with agriculture. A market in “food speculation” was born. The speculators drove the price through the roof....” www.independent.co.uk...
“...Today three companies, Archer Daniels Midland, Cargill, and Bunge control the world’s grain trade. Chemical giant Monsanto controls three-fifths of seed production. Unsurprisingly, in the last quarter of 2007, even as the world food crisis was breaking, Archer Daniels Midland’s profits jumped 20%, Monsanto 45%, and Cargill 60%. Recent speculation with food commodities has created another dangerous “boom.” After buying up grains and grain futures, traders are hoarding, withholding stocks and further inflating prices....” www.globalissues.org...
“...President Bill Clinton, now the UN Special Envoy to Haiti, publicly apologized last month for forcing Haiti to drop tariffs on imported, subsidized US rice during his time in office. The policy wiped out Haitian rice farming and seriously damaged Haiti’s ability to be self-sufficient....” www.democracynow.org...
Sure looks like politics had a lot more to do with food prices then farmers did!
A little mob lynching business would certainly be fun to watch... since the corrupt cops and corrupt judges won't do their damn job....
A hydraulic empire (also known as a hydraulic despotism, or water monopoly empire) is a social or government structure which maintains power and control through exclusive control over access to water. It arises through the need for flood control and irrigation, which requires central coordination and a specialized bureaucracy.
Often associated with these terms and concepts is the notion of a water dynasty. This body is a political structure which is commonly characterized by a system of hierarchy and control often based around class or caste. Power, both over resources (food, water, energy) and a means of enforcement such as the military are vital for the maintenance of control.
Read that last sentence again, folks, before going ahead...
from page 108 of Children of Dune (book 3 of the original trilogy ...as an intro, the Bene Gesserit are a female sect or sisterhood who has spent thousands of years seeding planets with their "protective mission". They have arrived at a summary of the condition of mankind as follows:
"A large populace held in check by a small but powerful force is quite a common situation in our universe. And we know the major conditions wherein this large populace may turn on its keepers:
"One: When they find a leader. This is the most volatile threat to the powerful; they must retain control of leaders.
"Two: When the populace recognizes its chains. Keep the populace blind and unquestioning.
"Three: When the populace percieves a hope of escape from bondage. They must never even believe that escape is possible!"
At one point, Haller was compelled to issue a letter to the SEC claiming he did not violate ethics rules.
Shouldn't there be a separation of BUSINESS and STATE?? Isn't there????
Do they help make the system work in a more clear, balanced and just manner
or do they promote the exploitation, corruption and keep the facts hidden?
Originally posted by Vitchilo
You think the freaking police will go arrest this guy? Not gonna happen in a million years... since it has not happened after all the bankers have done since 2008 and before... stealing trillions... and congress being openly paid by the bankers to give them loophole, bail them out, etc...
Changing your name to go lobby so you are anonymous... brilliant...
A little mob lynching business would certainly be fun to watch... since the corrupt cops and corrupt judges won't do their damn job.
Serve and protect... who exactly? The bankers? The cops should change their mantra...
``Serve and protect... the bankers`` should be written on every cop car in America.edit on 19-8-2011 by Vitchilo because: (no reason given)