Wednesday, June 24, 2009

Obama's Ambassador to UK & Citigroup's Israeli Business Connections

As the Center for Responsive Politics’ web site recently noted, the Democratic Obama Administration’s Ambassador to the UK-Designate Louis Susman--a recently retired Vice Chairman of Citigroup Corporate and Investment Banking and Citigroup International Advisory Board member—“has reportedly earned the nickname the `vacuum cleaner’ and `big bundler’ for his prowess as a bundler of campaign cash.”

According to Public Citizen, for example, Susman bundled at least $100,000 for Obama’s presidential campaign and at least $300,000 for Obama’s inauguration—with $50,000 of this money coming from the recently bailed-out Citigroup executive’s personal funds. In addition, the former Citigroup executive and his wife “contributed at least $581,400 to federal candidates, committees and parties, with 99 percent of the sum going to Democrats, including at least $12,800 to Obama,” according to the Center for Responsive Politics’ web site.

While the Obama White House press release of May 27, 2009, which announced Susman’s nomination to be its Ambassador to the UK, indicated that he used to be the Citigroup Corporate and Investment Banking Vice Chairman, was a member of the St. Louis Cardinals baseball team’s board of directors from 1975 to 1989, worked for Salomon Brothers and “was appointed by President Ronald Reagan to the U.S. Advisory Commission on Public Diplomacy,” it failed to mention some other interesting recent business affiliations of Louis “The Vacuum Cleaner” Susman.

According to a November 15, 2000 Business Wire article, Susman has also been a member of the corporate boards of D & K Healthcare Resources, Inc., the U.S. Can Corporation, Drury Inns and Knightsbridge Solutions LLC in recent years. The same article also revealed that at Salomon Brothers, Susman “provided leadership for major merger transactions, representing Dayton Hudson in the purchase of Marshall Field’s, General Dynamics in the sale of Cessna Corporation, and LG Electronics in the purchase of Zenith Electronics Corporation.”

U.S. Ambassador to the UK-Designate Susman apparently has a lot more experience working as a Citigroup investment banking and collecting campaign contributions for some of the U.S. politicians who recently authorized the use of public funds to bail out Citigroup’s executives than diplomatic experience. But the Citigroup firm he worked for apparently has had a lot of experience doing business in Israel in recent years, despite international calls for an economic boycott of Israel until it finally ends its violation of Palestinian national self-determination rights.

As a November 1, 1999 article in the Jerusalem Post observed:

“Citibank, a subsidiary of Citigroup, has been operating in Israel since February 1996, when it became the first major international bank to open a representative office. Citibank now is expected to be the first major international bank to open a full-service branch in Israel. Another Citigroup subsidiary, the Salomon Smith Barney investment bank, has been active in Israel for many years, serving Israeli clients out of New York, London and a representative office in Tel Aviv.

“Today's announcement was made by Citigroup's chairman and co-chief executive officer, Sanford I. Weill, at a meeting with the Governor of the Bank of Israel, Jacob Frenkel. Also attending were William R. Rhodes, Vice Chairman of Citigroup and Citibank; Ron Braverman, Country Corporate Officer for Citigroup in Israel; and Dr. Itzhak Tal, Supervisor of Banks - Bank of Israel.

“Mr. Weill said: `Citibank's decision to open a full-service banking business in Israel reflects Israel's continuing macroeconomic progress and our confidence in the future growth of trade and commercial flows to and from Israel and other parts of the Middle East.’

“Mr. Rhodes said: `Our Israel branch is part of our strategy to serve our customers globally and represents our vote of confidence in the Israeli economy. We see major opportunities here and look forward to introducing advanced technology and international banking skills while building new relationships with the Israeli corporate community.’…”


And according to the Citibank website:

“Citi has been actively serving Israeli clients since the late 1980's through its Markets & Banking business…

“With more than 140 employees in Israel, we proudly provide clients with a wide range of corporate, investment and private banking products and services.

“Our Markets & Banking business provides services to leading Israeli companies, financial institutions and public sector organizations, as well as global companies active in the Israeli market….

“Our investment bank is a leading underwriter for Israeli companies seeking to issue equity and debt securities in the global markets…

“Our Global Wealth Management business includes our private banking services, which operate in Israel through a team of private banking professionals working to service the personal needs of our high net worth client base….

“We are also a member of the Tel Aviv Stock Exchange and one of the primary dealers in the government bond market….Citibank is one of the leading and largest Primary Dealers in the Israeli government bond market….

“Among the significant transactions arranged by Citibank in Israel were the privatization of Oil Refineries, the Cellcom international syndicated loan transaction and the Israel Electric marine natural gas pipeline system project financing transaction….

“The Investment Bank is a leading underwriter for Israeli companies seeking to issue equity and debt securities in the global markets, and a leader in mergers and acquisitions advisory. Israeli entities have greatly benefited from Citi’s ability to channel its significant global expertise across a broad range of products and services in key industry segments including technology, healthcare, energy, real estate, financial services, telecom and other segments. The development of the Israeli client relationships across Citi enables Israeli entities to benefit from the valuable introduction to leading global opportunities and world class execution and advice.

“Among innovative and significant deals completed by Citi Investment Bank was successfully advising on the sale of M-Systems, PowerDsine and Actimize; advising Spansion on the acquisition of Saifun; public equity offerings for Cellcom and Delek US; and acquisition financing for Alony-Hetz’s purchase of shares in PSP Switzerland…

“Citibank International Personal Bank in EMEA (Europe, Middle East and Africa) provides Israeli clients with a personalized banking and investment service to help them manage and grow their wealth. Each client is assigned an experienced Hebrew Relationship Manager and has access to financial solutions to suit the client’s needs…. Clients typically have a minimum of US$100,000 or currency equivalent to invest in London, or US$50,000 to domicile in Jersey.”


A September 27, 2006 article that was posted on the Dun & Bradstreet web site at www.duns100.com provided some more detail about the business links between the investment bank that U.S. Ambassador to the UK-Designate Susman recently vice-chaired and the Israeli banking system and Tel Aviv Stock Exchange:

“Global Transaction Services, a business of Citigroup Corporate and Investment Banking, and the Tel Aviv Stock Exchange (TASE) today announced that Citigroup Israel would provide direct custody and clearing (DCC) services to clients through the TASE Clearing House, making Citigroup the first foreign bank in Israel to offer DCC services to a large international client base. Citibank N.A. was recently approved as a member of TASE and the TASE Clearing House, enabling the bank to offer securities clearing and settlement services in Israel…

“Andrew Gelb, Global Head of Direct Custody and Clearing for Citigroup’s Global Transaction Services business said, `We are extremely excited to provide clients with a wide range of DCC services on-the-ground in Israel. We are in a unique position to leverage our global network and experience in growth markets worldwide to the benefit of our clients and the market.'

“Ralph Shaaya, Citigroup’s Country Officer for Israel, added, `This once again affirms our commitment to the Israeli marketplace through the introduction of a new value-added service to the international institutions investing in Israel.'

“Ester Levanon, CEO of TASE, said, `The joining of Citigroup as a member of TASE’s Clearing House is a continuation of the trend of extending the activity of international entities in the Israeli capital market. This is an important expression of trust of a leading financial group, that will strengthen the Stock Exchange and the Israeli market.'

“TASE and Citigroup have been working together for several years. In 2001 the TASE Clearing House developed the Galaxy System in collaboration with Citigroup. Galaxy allows members to effectively manage, reconcile and standardize clearing and settlement processes and minimize risk. The system integrates between the high professional standard of the Clearing House in Israel and the high standard financial credibility of Citigroup in the world. Galaxy services currently cater to the US market and will soon be launched in Europe and other global markets. The system provides services to four of the leading banks in Israel.”


And, according a March 11, 2009 Globes-McClatcy-Tribune Information Service article, the Citi Israel Ltd. division of the investment banking firm in which Susman was an executive has also “led deals for Tower Semiconductor Ltd., Gazit Inc. and the most recent overseas bond offering by Israel Electric Corporation.”

So don’t expect the Obama Administration’s new Ambassador to the United Kingdom to be eager to invite many Palestinian solidarity activists in the UK who have been involved in the recent “Boycott Israel” street protests in London to party with him much at the U.S. Embassy there.

Tuesday, June 23, 2009

Some Post-1979 Iranian History Revisited--Conclusion

(Revisiting some of the following post-1979 Iranian people’s history might help U.S. anti-war activists understand better some of the historical background of what is currently happening within Iran in 2009. See parts 1 and 2 below).

In addition to providing the Iranian government with a pretext to repress secular anti-imperialist proponents of more democratization of Iranian society during the 1980s, the 1980 to 1988 Iraq-Iran War that Saddam Hussein’s Ba’ath regime in Iraq started in September 1980 also produced great suffering for the people of both Iran and Iraq. Almost one million Iranians were maimed or killed, for example, as a result of the Iraq-Iran War of the 1980s; and many Iranian cities were extensively damaged during this war.

But on July 18, 1988, the Iranian government agreed to accept UN Security Council Resolution 598 which called for a cease-fire with Iraq; and the 1980 and 1988 Iraq-Iran War finally ended. Six days later, however, the People’s Mojahadeen guerrilla group launched a military incursion into Iran.

Iranian government authorities apparently then used this military attack as a pretext to carry out another round of mass executions of both imprisoned secular anti-imperialist left Iranian activists and imprisoned People’s Mojahadeen activists. According to the Human Rights Watch web site:

“In 1988, the Iranian government summarily and extra-judicially executed thousands of political prisoners held in Iranian jails…The majority of those executed were serving prison sentences for their political activities…Those who had been sentenced, however, had not been sentenced to death….”

Dissident Iranian activists and Amnesty International estimated that between 2,800 and 4,481 Iranian political prisoners were then executed in 1988 by Islamic Republic authorities. Although most of the executed Iranian political prisoners in 1988 were members and supporters of the People’s Mojahadeen group, hundreds of imprisoned members and supporters of the Tudeh Party, the Peoples’ Fedayeen group and the Kurdish Democratic Party were also apparently executed by the Iranian government authorities in 1988.

The economic destruction caused by the eight year Iraq-Iran War and the generally unfriendly policy of the U.S. government towards Iran during the years since the U.S. embassy was seized by Iranian students (except during the “Iran-Contragate Scandal” period of the Republican Reagan Administration when the U.S. government arranged for weapons to be shipped to the Islamic Republic of Iran) hurt the post-revolutionary Iranian economy, prior to the death of Ayatollah Khomeini on June 3, 1989. But Iran’s oil wealth has enabled the Islamic Republic to apparently satisfy the economic needs of some people within Iranian society--although many other people in Iran still seem to be having economic difficulties.

By 1989, 80 percent of the Iranian economy was controlled by the Iranian government and banks, insurance companies and all major industries in Iran were now nationalized. Although one-third of Iranian workers were provided jobs by Iran’s public sector in 1988, during that same year about 30 percent of all Iranian workers were still apparently unemployed.

In 1989, the average inflation rate in Iran’s economy also apparently exceeded 23 percent; and by 1993 the annual inflation rate in Iran had increased to 40 percent. As a result, when the Iranian government announced cuts in price controls and government subsidies of basic necessities during the 1990s, street protests broke out in Tehran and other Iranian cities.

By 1997, young people in Iran composed 25 percent of Iran’s population of 67 million; and the number of university students in Iran had grown from only 160,000 in 1977 to 1.25 million in 1997, as a result of the Iranian government’s increased investment in Iranian higher education.

During the 1990s, however, the Iranian government began to privatize Iran’s economy more by transferring control of state-run enterprises to Islamic clergy-controlled private foundations, thus turning these foundations into powerful business corporations, according to the 2006 Democracy In Iran book.

The size of Iran’s college-educated middle-class also began to increase in the 1990s; and this seemed to lead to increased political support for Iranian electoral candidates who favored more liberalization and more democratization of Iranian society.

The conservative clerical political leadership in Iran, however, responded to the 1990s electoral success of candidates favoring more democratization and liberalization by shutting down 19 pro-reformist newspapers in Iran in May 1999; and by disqualifying 3,600 candidates who favored more democratization, including 80 incumbent candidates, from participating in the 2004 Iranian parliamentary elections.

Although U.S. Secretary of State Clinton’s husband-—former Democratic President Bill Clinton--signed an executive order banning all U.S. trade and investment in Iran in May 1995, European governments have adopted less hostile economic policies in relation to Iran than has the U.S. government, in recent years.

In Iran, “European multinational companies” have “formed business partnerships in various sectors of the economy—including oil and gas, telecommunications, consumer electronics and automotive—especially after a bill in 2002,” passed by Iran’s parliament, “eased some of the restrictions on foreign investments,” according to the Democracy In Iran book.

After the former Mayor of Tehran, Mahmoud Ahmadinejad, was elected president of Iran in June 2005 with 62 percent of the Iranian popular vote, on a platform of pledging to redistribute more of the wealth of Iran to the most impoverished people in Iran, both the Republican Bush Administration and the Israeli government seemed more eager to launch a military attack on Iran.

But, as this revisiting of Iran’s post-1979 history has shown, people in Iran have suffered, historically, as a result of U.S. intervention in Iran’s internal political affairs since World War II. And a U.S. government-supported Israeli military attack against Iran in 2009--regardless of which pretext is used by the Obama-Clinton Administration or the Netanyanu Israeli government--will likely create additional suffering for people in Iran.

So it’s not surprising that a February 2007 statement issued by the political committee of The Union of Iranian Socialists in North America declared that “The people of Iran vehemently oppose the intervention of any foreign power in their country” and “any kind of aggressive actions by the U.S. and its allies, either military or economic, should be condemned by progressive anti-war activists.” (end of article)

Monday, June 22, 2009

Some Post-1979 Iranian History Revisited--Part 2

(Revisiting some of the following post-1979 Iranian people’s history might help U.S. anti-war activists understand better some of the historical background of what is currently happening within Iran in 2009).

After opposing the Khomeini regime’s decision to release the U.S. Embassy hostages to the new Reagan Administration (following a failed attempt by the Democratic Carter Administration to “rescue” the U.S. Embassy hostages by sending some U.S. military commandos into Iran) and the Islamic Republic’s press censorship law in January 1981, the People’s Mojahadeen declared its opposition to the Khomeini regime in a June 20, 1981 street march. Twenty young Iranian women People’s Mojahadeen protesters were then arrested by Khomeini’s regime and quickly executed.

In response, the People’s Mojahadeen group bombed the headquarters of the pro-Khomeini Islamic Republican Party [IRP] headquarters on June 28, 1981 and eliminated almost the entire leadership of the Islamic Republican Party, whose members held the majority of seats in the Iranian parliament. By means of an armed uprising the People’s Mojahadeen guerrillas apparently hoped to then overthrow Khomeini’s Islamic Republic in the same way they had helped to previously overthrow the Shah’s regime during the late 1970s.

The Islamic Republic authorities responded to the People’s Mojahadeen armed revolt during Iran’s war with Iraq by quickly executing 100 more of its domestic Iranian political opponents in retaliation for the June 28, 1981 bombing of the Islamic Republican Party’s headquarters. But on August 30, 1981, the People’s Mojahadeen insurgents next bombed the headquarters of the Islamic Republic’s Prime Minister, killing 130 top leaders of the Islamic Republican Party, including Iran’s President and Premier.

In retaliation, 7,746 Iranians were then either executed by the Khomeini regime or killed in clashes with the security forces of the Khomeini regime by 1984. Of these 7,746 Iranians, 6,221 were members of the People’s Mojahadeen, including 933 women members of the People’s Mojahadeen.

Unlike the People’s Mojahadeen group, the Tudeh Party and the People’s Fedayeen group continued to express support for Khomeini’s Islamic Republic regime after June 1981 and both the Tudeh Party and the People’s Fedayeen group continued to be allowed to operate openly by Iranian government authorities.

But after the Tudeh Party criticized the Islamic Republic’s conduct of its war with Iraq and the Khomeini regime’s intention--after the Iranian military forces recaptured the Iranian land that Iraq had occupied early in the Iraq-Iran War--to now invade Iraq, some top Tudeh Party leaders were arrested by Iranian government authorities in February 1983.

Subsequently, the Tudeh Party was outlawed on May 4, 1983 by the Iranian government; and 670 civilian members of the Tudeh Party and 100 Iranian military officers who supported the Tudeh Party were also arrested.

Then, in December 1983, the 100 Iranian military officers who were Tudeh Party supporters were put on trial. And on February 25, 1984, ten of these Tudeh Party supporters within the Iranian military's officer corps were executed by Islamic Republic authorities.

Thirty members of the People’s Fedayeen group were also arrested in the Fall of 1983. And, after the Iranian government declared that the People’s Fedayeen group was subversive and anti-Islamic in December 1983, the People’s Fedayeen group was also outlawed in February 1984.

In their 2006 book Democracy In Iran: History and the Quest for Liberty, University of San Diego Professor of History and Political Science Ali Gheissari and Vali Nasr described how the religious, anti-communist supporters of Khomeini’s Islamic Republic regime apparently also started to violate the democratic rights of leftist Iranian supporters of the 1979 Iranian Revolution, after the Democratic Carter Administration refused to extradite the deposed Shah of Iran and the U.S. Embassy in Tehran was seized:

“Fundamentalists began to constrict the Left’s room to maneuver, purging their members from positions of power, attacking their offices, gatherings, and demonstrations, and intimidating or arresting their members and supporters. For instance, they attacked university campuses, intimidated and arrested students and faculty, and in June 1980 set in motion a `cultural revolution’ to cleanse the universities of the Left. Fundamentalists permanently occupied Tehran University by making its grounds the site for the official Friday Prayers…”

In an article that appeared in the June 21, 2003 issue of the Asia Times, B Raman also asserted that in Iran “after seizing power with the help of the communist students, the clerics ruthlessly suppressed the communists, arresting and executing many of them;” and “those who escaped arrest and death at the hands of the clerics managed to flee to West Europe and started organizing their activities from there.” According to the 2006 Democracy In Iran book, the secular Iranian leftist activists “were portrayed by fundamentalists as American stooges, and resistance to religion’s prominence in society was depicted as a Western ploy to destabilize the revolution.” (end of part 2)

Sunday, June 21, 2009

Some Post-1979 Iranian History Revisited--Part 1

(Revisiting some of the following post-1979 Iranian people’s history might help U.S. anti-war activists understand better some of the historical background of what is currently happening within Iran in 2009).

The preamble to the October 24, 1979 Constitution of the Islamic Republic of Iran described how the people of Iran were able to create the 1979 Iranian Revolution:

“….The employees of all government establishments took an active part in the effort to overthrow the tyrannical regime by calling a general strike and participating in street demonstrations. The wide-spread solidarity of men and women of all segments of society and of all political and religious factions, played a clearly determining role in the struggle. Especially the women were actively and massively present in the most conspicuous manner at all stages of this great struggle. The common sight of mothers with infants in their arms rushing towards the scene of battle and in front of the barrels of machineguns indicated the essential and decisive role played by this major segment of society in the struggle.”

In response to the large pro-democratization demonstrations in Iran in 1978, the Shah of Iran’s regime also agreed to release some of its Iranian political prisoners before it finally collapsed on February 12, 1979. About 200 members of the People’s Mojahadeen group, for example, were released from prison in the summer of 1978, while another 700 People’s Mojahadeen members were allowed to return to Iran from exile at the same time. By the time the mass demonstrations and general strike had finally succeeded in bringing down the Shah of Iran’s government, about 3,000 to 5,000 Iranian activists were now members of the People’s Mojahadeen group.

It was the traditional Islamic opposition groups led by the anti-communist religious Iranian Bazaar merchant class and the anti-communist Iranian clerical hierarchy, not the Tudeh Party, the People’s Fedayeen guerrilla group or the People’s Mojahadeen guerrilla group, which soon ended up gaining Iranian state power following the collapse of the Shah of Iran’s regime in early 1979.

Led by Ayatollah Khomeini, the traditional Islamic groups were apparently able to gain political power by default because of the absence of mass-based working-class organizations in Iran in the late 1970s and the degree to which the Iranian masses were still strongly religious in 1979. Despite their hatred for the Shah of Iran’s police-state regime and the U.S. government that had installed and backed the Shah’s dictatorial regime, the Iranian masses in 1979 were apparently not willing to then throw their political support behind an effort to establish a new anti-imperialist, secular, democratic, leftist revolutionary regime in Iran.

Almost immediately after the 1979 Revolution in Iran, the People’s Mojahadeen group and the pro-Khomeini Islamic groups began to split apart. Then, in April 1979, a referendum to abolish the Iranian monarchical system of government and set up an Islamic Republic in Iran controlled by Iran’s fundamentalist clerical hierarchy under Ayatollah Khomeini’s leadership was held. Although all the secular Iranian political groups were opposed to the creation of this kind of Sh'ia-led Islamic theocracy (with Khomeini as the supreme and divine authority) within Iran, on the grounds that it would create an undemocratic post-revolutionary Iranian society, an Islamic Republic was soon established in Iran.

Ayatollah Khomeini had initially promised to organize a popularly-elected Constituent Assembly in Iran to draft the Islamic Republic’s new Constitution. But, fearing that a popularly-elected Constituent Assembly in Iran would give some representation to the People’s Mojahadeen group activists who now opposed him politically, Khomeini broke his promise. Instead, the Ayatollah set up a smaller, Islamic clergy-dominated Assembly of Experts which began drafting the Constitution for the Islamic Republic in the summer of 1979.

This new Constitution was completed around ten days before the U.S. Embassy and U.S. Embassy employees in Tehran were taken hostage on November 4, 1979 by young Iranian political activists--who were protesting against the Democratic Carter Administration’s refusal to extradite the [now-deceased] former Shah of Iran back to the new government in Iran to face a post-revolutionary Iranian war crimes tribunal.

On December 1, 1979 the new Islamic Republic’s Constitution was approved by Iranian voters. The Constitution of the Islamic Republic of Iran of October 24, 1979 (and as later amended on July 28, 1989) does appear to contain many democratic articles. Article 13, for examples, guarantees religious freedom and Article 38 prohibits torture. Article 29 guarantees the Iranian people the right to universal health care and Article 31 guarantees the Iranian people their right to housing. Article 79 of the Islamic Republic’s Constitution also prohibits martial law, Article 81 prohibits the granting of economic concessions in Iran to foreign imperialists and Article 146 prohibits the establishment of foreign military bases in Iran.

With respect to freedom of the press rights in Iran, Article 24 of the Islamic Republic’s Constitution guarantees freedom of the press “except when detrimental to fundamental principles of Islam.” And marches and demonstrations are allowed under Article 27 of the Islamic Republic’s Constitution, as long as arms are not carried by demonstrators and the demonstration is “not detrimental to Islamic principles.” Under the Constitution of the Islamic Republic of Iran “the mass-communications media, radio and television, must” also “serve the diffusion of Islamic culture.”

After the Islamic Republic’s Constitution was approved by Iraqi voters, the Islamic Republic’s first Majlis (parliament) of 270 members was subsequently elected in the Summer of 1980. Fifteen percent of the 11 million Iraqi voters chose to vote for People’s Mohjadeen-supported parliamentary candidates.

On September 22, 1980, however, the then-pro-U.S. imperialist Ba’ath Iraqi regime of Saddam Hussein launched a military attack on Iran. And the new external Iraqi military threat to Iran’s national security apparently gave Khomeini’s Islamic Republic officials an internal security pretext for restricting democratic rights in post-Shah Iran. (end of part 1)

Saturday, June 20, 2009

An Interview With `The World Is Turning' Author Don Paul--Conclusion

On April 14, 2007, New Orleans-based writer-poet-musician-Marathon runner-activist Don Paul was the Chief Prosecutor for the "San Diego Citizen's Grand Jury on the Crimes of September 11, 2001 in New York City" event that was held at San Diego State University. He co-founded the organization Rebuild Green three days after Hurricane Katrina and moved from San Francisco to New Orleans in January 2006 to help with effort for recovery there. The author of more than 20 books and the producer of more than 20 albums, Paul was recently interviewed by email about the Democratic Obama Administration's first 100 days and about his most recent book: The World Is Turning: `9/11,' The Movement for Justice & Reclaiming America for the World. (The text of this interview was originally posted on the http://blog.puppetgov.com site. See below for parts 1, 2, 3, 4 and 5).

In your new book you also write that "another financier linked to major events of the 9/11/01 day, Warren Buffett, spoke to shareholders of the Berkshire Hathaway company that he heads;" and "Berkshire Hathaway was a big financial winner after 9/11/01." How would you evaluate the way the Big Media and most left alternative media cover the role that Warren Buffett has played in U.S. history in recent years?

Don Paul [DP]: So far as I can tell, mass media is generally fawning toward Warren Buffett, while almost all of what’s called left media ignores the integral roles played by Warren Buffett and similarly mega-financiers in directing society.

In your book you also note that "Warren Buffett was photographed with Arnold Schwarzenegger and Lord Jacob Rothschild at a meeting on Rothschild's English estate of investors in Buffett's NextJet Company" and you seem to emphasize the special influence that banking families like the Rothschilds have played in determining the direction of world history. What kind of information about the Rothschilds, the Rockefellers, the Federal Reserve Bank and the Big Banks do you think anti-war readers will find in your book that they wouldn't generally find from just watching CNN and PBS or just listening to left alternative media radio shows like "Democracy Now!'?

DP: Corporations such as CNN and PBS—Corporations that are dependent upon systems of private money-lending as the method of sustaining national economies—that is, Corporations that are ultimately dependent upon the status quo Central Banks such as the Federal Reserve System, the Bank of England, Bank of France, Bank of Canada—completely fail to report the defrauding, life-sucking realities of these private Central Banks.

So-called “Left” media likewise ignore these most fundamental realities, for all of its fuss about scandals and crises. The volume of Project Censored that presents the “Top 25 Censored Stories of 2007-08”—years of bail-outs totaling more than $1 trillion!—has only one instance of misdeeds that involve the Federal Reserve System: the Fed’s shipping of $12 billion of bank notes to the Coalition Provisional Authority in Iraq (L. Paul Bremer) over one year between 2003 and 2004.

Then there’s the role of families and Corporations’ Foundations in exercising social control through their funding of media and other agencies of the “Left”--that are supposed to expose and combat inequties--and “Right.”

Do you think any of the liberal establishment foundations on whose boards sit board members of Wall Street firms like A.I.G, the Federal Reserve Bank or the Big Banks are likely to give you a literary grant to write your next book--after they read what you write about banks in The World Is Turning?

DP: Not likely. A grant from any Lord or arm of the empire is as unlikely a prospect for me as suicide. But—you never know. There is no Other in the sea of us and we all may hope to be subjected to more enlightenment.

How can folks who wish to read your new book obtain a copy, if they can't find a copy of your book in their local library or at the local corporate bookstore chain outlet?

DP: Well, readers can—if they’re so moved—request that Public Libraries obtain a copy of The World Is Turning. Ingram or another distributor can bring the book to Public Libraries through standard channels. I love Public Libraries.

If someone wants to order the book for direct purchase, I recommend going to the http://www.wireonefire.com/donpaul/wit.html

sub-site and using the means there. It’s also available there as an e-book and a three-CD audio book. (end of interview)

Over 10 Percent Jobless In 13 States Under Obama Regime

The official unemployment rate exceeded 10 percent in 13 states and in Washington, D.C. in May 2009 under the Democratic Obama Regime, according to the latest Bureau of Labor Statistics data.

Following is a list of the 13 states whose official jobless rate was over 10 percent in May 2009:

1. Michigan (14.1 percent);

2. Oregon (12.4 percent);

3. Rhode Island (12.1 percent);

4. South Carolina (12.1 percent);

5. California (11.5 percent);

6. Nevada (11.3 percent);

7. North Carolina (11.1 percent);

8. Ohio (10.8 percent);

9. Tennessee (10.7 percent);

10. Kentucky (10.6 percent);

11. Indiana (10.6 percent);

12. Florida (10.2 percent); and

13. Illinois (10.1 percent).

In addition, the official unemployment rate in Washington, D.C. was 10.7 percent.

Friday, June 19, 2009

An Interview With `The World Is Turning' Author Don Paul--Part 5

On April 14, 2007, New Orleans-based writer-poet-musician-Marathon runner-activist Don Paul was the Chief Prosecutor for the "San Diego Citizen's Grand Jury on the Crimes of September 11, 2001 in New York City" event that was held at San Diego State University. He co-founded the organization Rebuild Green three days after Hurricane Katrina and moved from San Francisco to New Orleans in January 2006 to help with effort for recovery there. The author of more than 20 books and the producer of more than 20 albums, Paul was recently interviewed by email about the Democratic Obama Administration's first 100 days and about his most recent book: The World Is Turning: `9/11,' The Movement for Justice & Reclaiming America for the World. (The text of this interview was originally posted on the http://blog.puppetgov.com site. See below for parts 1, 2, 3, and 4).

Recently some Big Media attention has been focused on the American International Group [A.I.G.] because it used a lot of its U.S. taxpayer-provided bail-out fund money to just give big bonuses to A.I.G. executives. But your book seems to indicate that A.I.G. also apparently profited from what happened on September 11, 2001 in Downtown Manhattan. Besides learning more about how A.I.G. may have profited from what happened on 9/11/01, what other kinds of information about the 9/11/01 events which the Big Media or U.S. left alternative media generally never mention, will U.S. anti-war readers find in your new book?

Don Paul [DP]: The insurance pay-outs from demolition of the three World Trade Center Building is dwarfed by profits realized by grants in the insurance and re-insurance businesses since 9/11/01. The biggest of these are the American International Group [AIG] and holdings of Warren Buffett’s Berkshire Hathaway company, including General Reinsurance. Because these giants were able to raise premiums as much as 2000%, their revenues rose about 40% in the three years after 9/11. For the year 2004—before it dove into the global grand casino of “derivatives” and Credit Defaults Swaps et cetera—AIG reported a profit of $9.73 billion.

The giant insurance corporations also got great breaks from Congress post-9/11. Maurice Greenberg, then CEO of AIG, and his son Jeffrey, then CEO of March & McClennan, an insurance-firm that lost 295 employees due to demolition of the South Tower, went to Congress less than two weeks after 9/11. The insurance industry came away with a new law, the Terrorism Risk Prevention Act of 2002, by which the public would absorb 90% of insurers’ losses up to $100 billion after a minor deductible of $5 or $50 million. The TRPA remains in effect under the Obama Administration. (end of part 5)