Clinton Foundation should stop accepting funds

•August 23, 2016 • 12 Comments

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http://www.bostonglobe.com/opinion/editorials/2016/08/16/clinton-foundation-should-stop-accepting-funds/W8JsNkBseYo6wIxWosNb5O/story.html

ALTHOUGH THE CHARITY founded by former President Bill Clinton has done admirable work over the last 15 years, the Clinton Foundation is also clearly a liability for Hillary Clinton as she seeks the presidency. The once-and-maybe-future first family will have plenty to keep them busy next year if Hillary Clinton defeats Donald Trump in November. The foundation should remove a political — and actual — distraction and stop accepting funding. If Clinton is elected, the foundation should be shut down.

Since its founding, the foundation has supported relief in Haiti, global health, and other good causes. It also provided posts or paychecks for some members of the Clinton political team, like Cheryl Mills, Douglas Band, and Huma Abedin, and afforded the former president a platform and travel budget. Many of the foundation’s donations come from overseas, including from foreign governments with troubling human rights records.

The inherent conflict of interest was obvious when Hillary Clinton became secretary of state in 2009. She promised to maintain a separation between her official work and the foundation, but recently released emails written by staffers during her State Department tenure make clear that the supposed partition was far from impregnable. That was bad enough at State; if the Clinton Foundation continues to cash checks from foreign governments and other individuals seeking to ingratiate themselves with a President Hillary Clinton, it would be unacceptable.

Winding down the foundation, and transferring its assets to some other established charity, doesn’t have to hurt charitable efforts. If the foundation’s donors are truly motivated by altruism, and not by the lure of access to the Clintons, then surely they can find other ways to support the foundation’s goals. And in four or eight years, the Clinton family could always form a new foundationand reestablish their charitable efforts.

But as long as either of the Clintons is in public office, or actively seeking it, they should not operate a charity, too. The Clintons themselves seem to realize that. “There’ll clearly be some changes in what the Clinton Foundation does and how we do it,” Bill Clinton said in June. “We’ll just have to cross that bridge when we come to it.” Why wait? The Clintons should move now to end donations to the foundation, and make plans to shut it down in November. Even if they’ve done nothing illegal, the foundation will always look too much like a conflict of interest for comfort.

———

just shut it down..even if it was clean, and its certainly not, its a conflict of interest the size of a small planet..

“if the Clinton Foundation continues to cash checks from foreign governments and other individuals seeking to ingratiate themselves with a President Hillary Clinton, it would be unacceptable.”

well yeah..

“Many of the foundation’s donations come from overseas, including from foreign governments with troubling human rights records.”

401

Bolivia opens “anti-imperialist” school

•August 23, 2016 • Leave a Comment

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http://www.bbc.com/news/world-latin-america-37114191

The Bolivian President Evo Morales has opened a new military defence academy, which he says will offer courses to counter the influence of the United States in the developing world.

Mr Morales said its aim included the study of imperialism and its consequences.

He said it would counteract the Army School of the Americas in Georgia which trained US allies during the Cold War.

Some of its graduates committed serious human rights abuses in the region.

The new academy is based in the city of Santa Cruz in eastern Bolivia and will initially take 100 recruits.

Speaking at the opening ceremony, Bolivia’s Defence Minister Reymi Ferreira said: “The School of Anti-Imperialism is a school that seeks to preserve life, unlike the School of the Americas, which brainwashed military officers into believing that the enemy was our people.”

He said the training centre would seek to help soldiers identify key threats to the country’s national sovereignty.

Since his inauguration in 2005, President Morales has had a relationship with the US which has been at times very tense.

In 2008 he expelled the US ambassador and counter-narcotics agent and more recently he has accused accusing Washington of encouraging “congressional coups” such as the impending impeachment trial of suspended President Dilma Rousseff in Brazil.

He has also accused the US of promoting global terrorism through military interventions, citing the rise of the Islamic State group as an example.

———-

“He said it would counteract the Army School of the Americas in Georgia which trained US allies during the Cold War.”

fair enough to!

and a parting shot:

“He has also accused the US of promoting global terrorism through military interventions, citing the rise of the Islamic State group as an example.”

bingo..

401

Chilling “satanic human sacrifice” video at CERN

•August 23, 2016 • 26 Comments

http://www.mirror.co.uk/news/weird-news/chilling-satanic-human-sacrifice-video-8655022

This chilling mysterious video shows a group of ‘researchers’ at the CERN Large Hadron Collider staging a chilling ‘satanic human sacrifice’ ritual.

The footage shows a group of cloaked men gathering in a courtyard around a statue at the facility in Geneva, Switzerland.

But CERN has declared that the video is fake, and claims that the ritual was simply researchers and scientists coming to work at the facility ‘taking their sense of humour too far.’

The facility is home to the world’s largest and most powerful particle accelerator, known as the Large Hadron Collider.

Its aim is to allow physicists to test the predictions of different theories of particle physics.

It first started up on 10 September 2008 and was built over a decade by over 10,000 scientists and engineers from over 100 different countries.

In the clip, there appears to be at least eight figures standing in the shadows, before one man moves into the centre of the group.

Moments later, a woman wearing a white dress enters and kneels on the stone floor.

The woman the seems to lie down on the ground before a man in a cloak approaches her with his hands raised above his head.

Viewers of the footage speculate the man is holding a knife which he appears to plunge into the woman’s chest before the clip suddenly cuts off.

http://vigilantcitizen.com/latestnews/mock-human-sacrifice-ritual-caught-video-cern-video/

A CERN spokeswoman confirmed Wednesday that an investigation has been launched following the release of the video filmed at night on its Geneva campus. In an e-mail sent to AFP, the spokeswoman wrote:

‘These scenes were filmed on our premises, but without official permission or knowledge. ‘CERN does not condone this type of spoof, which can give rise to misunderstandings about the scientific nature of our work. The ‘investigation’ under way was an ‘internal matter’.
– Mail Online, ‘Human sacrifice’ ceremony at Geneva’s CERN laboratory – involving cloaked men ‘stabbing a woman’ at night – is investigated by chiefs at world-famous science centre

The spokeswoman however confirmed that the area where the ceremony took place was highly secured and that the people in the video most likely carried CERN IDs.

‘CERN IDs are checked systematically at each entry to the CERN site whether it is night or day. ‘CERN welcomes every year thousands of scientific users from all over the world and sometimes some of them let their humour go too far. This is what happened on this occasion,’
– Ibid.

While some state that the video is “fake”, a “prank” and product of young people doing it for the “LULZ”, one cannot deny these facts: (1) The ritual actually took place (2) At night (3) In a highly secured area at CERN (4) By people who had CERN IDs (5) Who took the time to obtain necessary wardrobe (6) And stage this ceremony. Why was someone randomly filming the CERN square before any of this even happen? That is something to look into.

———-

wtf?..even if acting..who allows this shit to go on?..and if not acting..who the hell allows this shit to go on?..in front of shiva..google that name..

401

The world’s worst performing currency right now is Mongolia’s

•August 23, 2016 • 1 Comment

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http://www.bbc.com/news/business-37103608

Even Genghis Khan himself might find it hard to conquer this battle.

Mongolia’s currency is on its longest losing streak on record as the government grapples to contain an economic crisis.

Back in 2011, a mining boom helped make it the world’s fastest-growing economy with a gross domestic product of around 17.5%.

But the tugrik lost about 78% of its value this month, making it the world’s worst-performing currency, says Bloomberg data.

It’s been a rapid descent from grace for the central Asian nation, which neighbours China and Russia.

The landlocked country has substantial untapped reserves of valuable minerals like gold, copper and coal.

But then commodity prices collapsed. And so did demand from China, which buys 90% of Mongolia’s exports.

The government has since admitted that the country is “in a deep state of economic crisis”.

Finance Minister Choijilsuren Battogtokh said in a nationally televised address last week that they weren’t able to afford to pay civil servants or the military.

Making matters worse has been the government’s inconsistent approach to investment laws and mining agreements, causing many foreign firms to rush for the exit.

Foreign direct investment in Mongolia plummeted by 85% since 2011 to the first quarter of last year, according to the US State Department.

The populist Mongolian People’s Party won power in elections earlier this year after the public lost confidence in the long-ruling Democratic Party over its mishandling of the economy.

However it looks like a hard road ahead for Prime Minister Erdenebat Jargaltulgameans.

Due to its cash shortage, Mongolia has borrowed massively and now owes dinosaur-sized interest payments of a debt load of nearly $23bn.

This has fuelled speculation that Mongolia could face a sovereign default or need a bailout.

Funnily enough, a delegation from the International Monetary Fund arrived in the capital Ulaanbaatar today.

———-

i am selling all my tugriks asap!

the pertinent lines from this article come at the end..i have highlighted it..

“funnily enough”..the vultures are circling..look out mongolia..

401

Images 21/8/16

•August 22, 2016 • 17 Comments

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bolt..

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more bolt..

president of Wellesley Young Republicans

HRC when she was president of the wellesley young republicans..yes..the GOP..

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no surprises here and i bet it wakes nobody up in the zombie state..

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uh huh..

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britney..*sigh

rihannaw1

rihanna..

Gigi Hadid

gig hadid..interesting fashion choice..

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well said..

fall-out-boy-billboard-cover-art-2015-510x510

new album cover for fall out boy..one eye..nice title..

new gorllaz album art 2017

screen shot of some of the album art for the new gorillaz album..

401

PwC faces record $5.5bn lawsuit..failure to detect a fraud that resulted in a bank collapse during the global financial crisis of 2008-2009

•August 22, 2016 • 5 Comments

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https://www.rt.com/business/356014-pwc-negligence-trial-crisis/

The big-four audit firm PwC is being sued for $5.5 billion over its failure to detect a fraud that resulted in a bank collapse during the global financial crisis of 2008-2009. This is the biggest lawsuit in PwC history.

The complainant is Taylor, Bean & Whitaker (TBW), which was a top-10 wholesale mortgage lending firm. The trustees of the company are accusing PwC of negligence in their audits of TBW’s lender, Colonial Bank.

In an agreement between the top management of the borrower and the bank, starting from 2002, TBW chairman Lee Farkas sent mortgage data to Colonial Bank for fake loans or those the company had already committed or sold to other investors. By the end of 2007, the scheme had helped the bank accumulate about $1.5 billion in fake or impaired loans.

Colonial collapsed in 2009, becoming the sixth-largest US bank failure in history. Despite this, PwC gave the bank clean audits between 2002 and 2008.

“Year after year, Pricewaterhouse didn’t do their job, they didn’t follow the rules and they failed to detect the fraud,” said Steven Thomas, attorney for TBW.

Thomas quoted former PwC Chairman Dennis Nally, who said in an interview to the Wall Street Journal that the “audit profession has always had a responsibility for the detection of fraud.”

“They then come into court, telling a jury just the opposite. It’s just not right,” said the attorney.

PwC leading attorney in the trial Beth Tanis says her company didn’t audit TBW, making the fraud hard to track. According to Tanis, Deloitte & Touche, which did audit TBW for the seven years before the collapse, never detected any fraud.

“As the professional audit standards make clear, even a properly designed and executed audit may not detect fraud, especially in instances when there is collusion, fabrication of documents, and the override of controls, as there was at Colonial Bank. We are confident that a jury will understand the applicable rules and standards in this case and decide accordingly,” she told the FT.

The trial, scheduled to begin August 9, is expected to last six weeks.

https://en.wikipedia.org/wiki/Colonial_Bank

On August 14, 2009, the bank failed and its 346 branches were seized by regulators. $22 billion of the bank’s deposits were subsequently sold by the FDIC to BB&T Corp. The bank’s failure was the largest bank failure in 2009 and the 6th largest bank ever to fail in the United States, costing the FDIC’s Deposit Insurance Fund an estimated $2.8 billion. It was also the 74th bank failure of 2009.

———-

pretending to fail..

they are complicit..no accidents..

Year after year, Pricewaterhouse didn’t do their job, they didn’t follow the rules and they failed to detect the fraud,” said Steven Thomas, attorney for TBW.”

wasnt detected..lol?

401

China’s crackdown on dissent is described as the harshest in decades

•August 22, 2016 • 2 Comments

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http://www.latimes.com/world/asia/la-fg-china-crackdown-snap-story.html

For five days last week, the confessions poured forth from Chinese human rights activists and attorneys rounded up last summer and held incommunicado for a year. Four men, facing trial for subversion, cowered before a court where they were represented by lawyers they didn’t choose.

A fifth person, knowing her husband was detained and teenage son under surveillance, declared her wrongs in a videotaped interview.

China is in the midst of what many overseas scholars say is its harshest crackdown on human rights and civil society in decades. Since Xi Jinping came to power nearly four years ago, hundreds of activists, lawyers, writers, publishers and employees of nongovernmental groups have been rounded up. Many more have been threatened and intimidated. Internet news sites have been ordered to stop publishing reports from sources that aren’t sanctioned by the state.

Even as China has been touting its efforts to boost the “rule of law,” some critics of the government have vanished under mysterious circumstances in places like Thailand and Hong Kong, only to surface months later in Chinese custody, claiming rather unbelievably they had turned themselves in voluntarily. Many of those detained have appeared on state-run TV confessing to crimes before they have had a day in court.

“As an old timer who’s been studying China since the Mao era, I have to say it’s the worst I’ve seen since then,” said Susan L. Shirk, chair of the 21st Century China Program at UC San Diego. “It’s very discouraging.”

The activists and lawyer prosecuted last week confessed to having illegally organized protests and drawn attention to sensitive cases at the behest of “foreign forces” in order to “smear the [Communist] party and attack the Chinese government.” They had erred in accepting interviews with international journalists, they added, and traveled abroad to participate in interfaith conferences and law seminars infiltrated by separatists and funded by enemies of China.

“I want to remind everybody to wipe their eyes and clearly see the ugly faces of hostile forces overseas,” one of the defendants, Zhai Yanmin, said, according to China’s main state-run news agency. “Never be fooled by their ideas of ‘democracy,’ ‘human rights’ and ‘benefiting the public.’”

The verdicts, if not justice, came swiftly — all four men were found guilty within hours, with two receiving terms of at least seven years. Officials said the woman, Wang Yu, was released, though family and friends say they have not seen or heard from her. Relatives and colleagues of all five said their statements appeared to have been coerced.

The current crackdown, Shirk said, represents a turnabout from what appeared to be relatively steady gains in individual freedom in China.

“It’s not been a smooth straight line, and it’s true that this process has been slower than many people anticipated,” she said. “But we didn’t anticipate what looks like a U-turn back to the bad old days of a highly repressive police state.”

For much of the outside world, grasping the extent of the campaign has not been easy, given a constant flood of headlines that seem to showcase ever-deeper diplomatic and commercial connections between China and the West.

Last fall, then-British Prime Minister David Cameron said ties with Beijing were entering a “golden era.” In Paris in December, Xi won praise for helping broker a global climate change pact. And next month, China will host President Obama and other leaders at the G-20 summit in Hangzhou.

Meanwhile, Chinese companies are buying European soccer teams. Chinese directors are shooting films for Hollywood studios and Disney has just opened a $5.5-billion theme park in Shanghai. Record numbers of Chinese students are studying at U.S. high schools and colleges.

“There hasn’t been that much of a cost, so far at least, for Xi Jinping. He literally got the royal treatment when he went to England. He wasn’t being treated like someone who deserved to be kept at arm’s length,” said Jeffrey Wasserstrom, a China historian at UC Irvine. “After 1989, China and the Communist Party had an interest in shedding the stigma of being seen as a pariah state to international investors and others. I don’t think there’s that kind of pressure now.”

———

“Since Xi Jinping came to power nearly four years ago, hundreds of activists, lawyers, writers, publishers and employees of nongovernmental groups have been rounded up. Many more have been threatened and intimidated. Internet news sites have been ordered to stop publishing reports from sources that aren’t sanctioned by the state.”

turkey is learning quickly..

“The current crackdown, Shirk said, represents a turnabout from what appeared to be relatively steady gains in individual freedom in China.”

401

 
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