Friday, November 21, 2008

Oswald-CIA Connection?

In Chapter 1 of the Report of the President’s Commission On The Assassination of President John F. Kennedy, titled “Summary and Conclusions,” the Warren Commission stated that “All of the evidence before the Commission established that there was nothing to support the speculation that Oswald was an agent, employee, or informant of the FBI, the CIA, or any other government agency.”

Yet in a 1990 book Spy Saga: Lee Harvey Oswald and U.S. Intelligence, a Southeastern Massachusetts University Professor of Political Science, Philip Melanson, stated the following:

“Lee Harvey Oswald spent nearly all of his adult life working for U.S. intelligence—most likely for the CIA—as agent-provocateur. He did so in both the domestic and international arenas, right up to his involvement in the assassination.

“Oswald is enigmatic partly because he spent so much of his life in the shadowy, compartmentalized world of U.S. intelligence…He maintained a façade of leftism…In contrast, his associations and contacts were decidedly right-wing and anti-communist…False information was purposely created about Oswald…

“This analysis will reach a conclusion about a conspiracy in John F. Kennedy’s assassination. It will demonstrate that Oswald’s movements were still being choreographed by his handlers in U.S. intelligence—however fringe or renegade they may have been—at the time of the assassination…Persons who knew his background were fabricating…evidence of his guilt in the assassination. Such activity…constitutes conspiracy…

“In Oswald’s case, the conclusion that he was a U.S. intelligence agent is not a footnote to the crime of the century but rather a window onto the conspiracy behind President John F. Kennedy’s assassination…”

Professor Melanson also asserted in 1990 that “The CIA has continuously obstructed pursuit of the truth about Oswald” and “The mainstream media remains captive to decades of secrecy and disinformation regarding Oswald; much of it emanating from the CIA.” Spy Saga: Lee Harvey Oswald and U.S. Intelligence noted that “Intimations by CIA officers that the only missing piece of the Oswald puzzle and the only valid question of conspiracy related to the Soviet Union was endorsed on Jan. 7 1990 by the New York Times..”

(Downtown 6/23/93)

Tuesday, November 18, 2008

U.S. Attorney-General Designate Holder's Law Firm & "The Superior Bank Scandal"

U.S. Attorney-General Designate and Columbia University Trustee Eric Holder became a law partner in the Washington, D.C. law firm of Covington & Burling after serving as a Deputy Attorney General in the Democratic Clinton Administration until 2001. (See the following link: http://www.cov.com/eholder/ )

But as the Covington & Burling web site at http://www.cov.com/practice/white_collar_and_investigations/financial_insitutions_investigations/notes, Holder's law firm "represented Coast-to-Coast Financial Corporation in government inquiries and civil litigation regarding the failure of its subsidiary, Superior Bank, fsb, the largest bank failure in recent years."

Coincidentally, the 2008 Obama presidential campaign's national finance Chair, Penny Pritzker, sat on the board of the Coast-to-Coast Financial Corporation whose special corporate interests U.S. Attorney-General Designate Holder's law firm represented before U.S. government regulators and in federal court.

As the Feb. 6, 2002 Office of Inspector General's report noted:

"Superior was orginally established in 1988 when the Pritzker and Dworman interests acquired Lyons Savings Bank...The corporate structure consisted of Superior being wholly-owned by Coast-to-Coast Financial Corporation (CCFC), the holding company, with the Pritzker and Dworman interests each owning 50 percent of the holding company..."

Yet the Office of Inspector General's Feb. 6, 2002 report also observed:

"Oftentimes the line between poor business judgment and fraud and abuse is difficult to draw. Nevertheless, based on our review of the failure of Superior Bank it appears that some of the decisions made by Superior management rise to the level of insider abuse...

"As early as 1996, Superior submitted Thrift Financial Reports that were inaccurate...

"Questionable management practices were evident at Superior for many years...

"...Examiners discovered that during the fourth calendar quarter of 2000 Superior sold loans at fixed prices to Coast-to-Coast Financial Corporation. This transaction violates various federal regulations by selling assets to an affiliate at a price less than fair market value..."

Thursday, November 13, 2008

Bank Failures And Presidential Transitions

During periods of U.S. Establishment presidential transitions in the past, U.S. commercial banks have sometimes failed. Presidential Transitions by Laurin Henry described what happened after the 1932 presidential election:

“In the final months of President Hoover’s term, the nation reached the bottom of the depression. Financial panic swept the country and paralyzed most of the banking system…

“In January 1933…a new wave of closings began. Failures led to runs and more failures. As fear spread, people stopped putting money in banks…

“In early February 1933, the situation became acute in Michigan, where about 200 banks had failed in the previous month. Two of the largest institutions in Detroit were in serious trouble…On February 14 the governor of Michigan declared a `banking holiday’…The Michigan closing shocked the business world, and panic ensued elsewhere, leading to more closings. By March 2, banking holidays had been declared in several more states…But as the reports of the day’s banking transactions began to come in during the afternoon, it became clear that the downward slide was out of control. The big New York and Chicago banks were about at the end of their rope.”

(Downtown 11/18/92)

Wednesday, November 12, 2008

Repressing Journalists In Africa Historically

Since events in much of Africa usually haven’t gotten much Big Media coverage, historically, many people in the U.S.A. may not be too familiar with the way some African journalists were treated in the 1990s by some governments in Africa. But in an article titled “The Press Versus The Law In Africa,” which appeared in the May 1993 issue of its Censorship News publication, the London-based Article 19 human rights organization reported the following:

“As the world marks Press Freedom Day on May 3, governments throughout Africa continue to employ direct repression to censor their independent critics…Janvier Africa, a Rwandese journalist, has been detained since September 1992, apparently for identifying security officials responsible for political killings. Another journalist, Stration Byabagambe, was murdered by a para-military death squad in October 1992.

“In March 1993 more than 30 security agents invaded the offices of a Nigerian magazine, The News, and seized 30,000 copies which were due for sale the following day…Earlier the same month security officials closed down the Kaduna-based newspaper, The Reporter, and detained its editor, Mallam Hayatu…

“A journalist in Siera Leone, Roy Stevens, the former editor of The Chronicle, has been detained without charge since July 1992…

“Since presidential elections in September 1992, eleven independent publications in Cameroon have been suspended…

“Thirteen journalists currently face charges of sedition in Kenya. They include Pius Nyamora, editor of Society magazine, which has been repeatedly seized, Njehu Gatabaki, editor of Finance, who was held for 23 days in February 1993, and two editors of The Watchman charged in February with inciting `hate, contempt and dissatisfaction’ towards the President. On April 8, 1993 a group of more than 20 men identifying themselves as police raided the offices of Finance, armed with pistols, swords, knives, whips, axes, chisels and ropes. They seriously injured the computer operator, destroyed the computer and stole documents and cash.

“On April 15, 1993, members of the Togolese presidential escort raided the printing planat of the independent newspaper, La Tribune des Democrates, beating one of the printers who was later taken away by the police. Earlier the same day members of the presidential escort had stopped the paper’s main distributor from collecting his copies and abducted five vendors. In February, opposition journalist Leopold Ayiui was shot by unidentified assailants and went into a coma…

“…In Angola, South Africa, Liberaia, Somalia, Chad and elsewhere journalists continue to operate under the most extreme conditions of physical danger.”

(Downtown 6/23/93)

Next: Bank Failures And Presidential Transitions

Tuesday, November 11, 2008

Secrecy And The U.S. Super-Rich

Many super-rich individuals are careful to keep a low-profile in the United States. As The Founding Fortunes book noted:

“Many wealthy individuals have chosen to lead lives of deliberate obscurity. They attempt to conceal their family ties and the extent of their wealth from everyone except other family members, close friends, and a few trusted business associates. With only a few exceptions, most of the members of the richest families in America are entirely unknown to the public at large…The scholar and the layman alike are often misled by news accounts that fail to disclose the true extent of inheritance within wealthy families…The major cause of such journalistic omissions is the financial secrecy maintained by almost all corporate rich families…Very little is known with certainty about most corporate rich families or their fortunes. The reason of course, is that the members of these families want all the advantages of being rich without any of the disadvantages of being famous. As a rule, the members of wealthy capitalist families refuse to divulge even the most rudimentary details of their wealth. In order to maintain their anonymity, the members of corporate rich families typically refuse to disclose even basic biographical information about themselves. Many of the richest Americans are not listed in Who’s Who In America, simply because they refuse to provide the editors of this directory with any biographical information. Some of the wealthiest families in America have achieved almost complete anonymity, despite the fact that they exercise enormous power.”

(Downtown 3/17/93)

Next: Repressing Journalists In Africa Historically

Monday, November 10, 2008

Big Media Racism In UK Historically

Historically, U.S. magazines like Vanity Fair, The New Yorker, Vogue, Mademoiselle, Details, TV Guide, New Republic, Harper’s Bazaar and The National Review have been staffed with British editors—often in preference to African-American journalists. Yet institutional racism in the British media world apparently was, historically, quite extensive. As Daily Racism: The press and black people in Britain by Paul Gordon and David Rosenberg observed during the 1980s:

“Black people are under-represented in the media industry as a whole and in print journalism in particular. A survey conducted by the Black Media Workers Association (BMWA) in 1983 found that black workers comprised only 0.7 percent of the total media workforce and the proportion of black workers working full-time on newspapers and magazines stood at less than 0.2 percent (Black people make up 4.5 percent of the total labour force in Britain.) It also found that there are several large cities with substantial black populations which had no black workers on local newspapers. From these statistics the BMWA argued that the predominantly white character of the media industry reinforced a white perspective in newspapers and they questioned whether the media in general could reflect the concerns of all sectors of society and black minorities in particular…”

The same book also stated:

“…Press racism is found not only in its printed product but at the level of recruitment and employment in the industry. There is a need for the media industry as a whole to eliminate and confront its own institutionalized racism and become, in its composition, more reflective of the society in which it operates, particularly in relation to racial minorities…”

(Downtown 1/5/94)

Next: Secrecy And The U.S. Super-Rich

Sunday, November 9, 2008

Heterosexism & The UK Media Historically

In an essay titled “Sexual Stereotyping In The Media,” which appeared in the 1986 book Bending Reality: The State Of The Media, Anna Durell and Andrew Lumsden offered the following criticism of the UK Big Media’s historic heterosexism:

“The `deluded children’ in charge of the bulk of the UK’s media know so little of the culture, history, or present lives of gay people (or if they do know, being lesbian or gay themselves, learn on the way up the career ladder to keep their mouths shut) that their `homosexuality’ (topic on an agenda) is rarely recognizable to me as my `homosexuality’ (experience).

“…Some steps can be taken to tease out what is exceptional about the gay condition in the media. We have been put to a very particular servitude, `we’ lesbian and gay people, not lesbian and gay media employees, though the bulk of the latter are forcibly enslaved to passing as straight. We aren’t regarded as existing in our own right. If we were, there would be `out’ reviewers, critics, interviewers and `name’ reporters scattered across quality and popular media alike in rough proportion to the numbers of us in media employment. We are subject matter, but are not, with the very rarest exceptions, permitted to be principals, writing or broadcasting in our real sexual persona. Journalistic objectivity is defined as the declared or taken-as read heterosexual experience…”

(Downtown 3/17/93)

Next: Big Media Racism In UK Historically