The too-big-to fail immunity and code of impunity has failed Volkswagen and Scott Walker. Will it fail the SEC and Israel ?


>>> President For Life – OpEd (Eurasia)

Ah han, we are getting closer to Dante’s madness and Hell with this VW’s treacherous scenario, estimated « too-big-to-fail ». Until today.

The « hidden persuaders factories » is the key factor, as the syndrom of total immunity and impunity for the happy few. The systematisation of the process is such that expect more derailments of the kind.

It is so ironical that the present promise land : Germany is the one hurt, as it is absolutely hilarious the Land of Hitler is now the dream land. Unbeleivable but real.

I have some picks for you that do not confused principles and their modalities, i.e how those principles are laid out and deployed.

>>> Why Big Tech May Be Getting Too Big – OpEd (Eurasianews)

Whenever markets become so concentrated, consumers end up paying more than they otherwise would, and innovations are squelched. Sure, big platforms let creators showcase and introduce new apps, songs, books, videos and other content. But most of the profits go to the platforms’ owners, who have all bargaining power. Which is why writers, musicians, visual artists, photographers, videographers, journalists and other content creators are receiving less and less for their work.

Related to presidential candidates, how will they correct this ? Is there an anchor out overthere to ask this essential and crucial question ? Those are places where you change the World and people lives and creativity.

And there are more interesting stuff in this pick, for a presidential debate or discussion.

>>> Ron Paul: Blame America? No, Blame Neocons! – OpEd (Eurasianews)

The US government decides on regime change for a particular country – in this case, Syria – destabilizes the government, causes social chaos, and destroys the economy, and we are supposed to be surprised that so many people are desperate to leave? Is pointing this out blaming America, or is it blaming that part of the US government that makes such foolish policies?

Please read this entire post for a better understanding of the last Republicans debate related to foreign policy.

It resonates with what we said of this here.

>>> Taking No Lesson From The Past: Israel’s Demonization Policy – OpEd (Eurasianews)

It seems that the Israeli leaders take no lesson from the past as they demonize Iran at the expense of regional order and stability. Today the main evil in the international community is ISIS and Netanyahu uses every chance he gets to equate the Iranian regime with the radicals. Yet, unlike ISIS, and similar to the PA, Iran is a rational actor. As Peter Beinart argues in his opposition to the equation of Nazi Germany and Iran – yet another analogy Israeli leaders like to make to demonize their enemies – Iranian officials do not have ISIS’s and Nazi Hitler’s maniacal bloodlust and they often act based on interests rather than ideology.[6]

[6] Peter Beinart, “Iran Isn’t Nazi Germany,” The Atlantic, 6 August 2015 (accessed 7 August 2015).

>>> Another day, another even more outrageous conflict of interest for Securities and Exchange Commission (SEC) Chair Mary Jo White. SEC Chair Mary Jo White works for banks, not for you

In her role as SEC chair, White is about to pick the next head of the Public Company Accounting Oversight Board (PCAOB), a key regulator created after the Enron scandal to make sure audit companies don’t help Wall Street firms lie about their books.1 But not only does her husband sit on the board’s advisory group, his law firm bragged on its website about John White’s access and influence before deleting the reference when reporters started asking questions.2

Despite the blatant conflict of interest, Mary Jo White, a Democratic appointee, is still considering replacing the current chair with a Republican Senate aide.3 Our friends at the Center for Effective Government are calling for Mary Jo White to instead recuse herself from choosing the next chair of the auditor watchdog, and we need to echo their demands and make it clear that her blatant conflict of interest is unacceptable.4

Tell SEC Chair Mary Jo White: Recuse yourself from picking auditor watchdog chief. Click here to sign the petition.

Mary Jo White’s husband, John White, sits on the auditor watchdog’s advisory group. His law firm, Cravath, Swaine & Moore, regularly defends Wall Street clients from charges by regulators and “often plays up John White’s role with PCAOB,” highlighting it in marketing materials.5 But last week, after Bloomberg News published a story about the Center for Effective Government’s call for recusal, the firm hastily deleted any references from its website.6

An SEC spokesperson claims the commission’s internal ethics review approved Chair White picking the next head of the auditor watchdog.7 But the agency refuses to make the findings public – and if there were nothing at all unseemly going on, John White’s law firm wouldn’t be in such a rush to downplay the connection.

Mary Jo White sparked the attention on this latest conflict of interest by publicly declaring that she is looking at outside candidates to replace the head of the auditor watchdog, even though the current chair, James Doty, is supported by the two Democratic SEC commissioners and a host of others, including former Fed Chairman Paul Volcker and a former head of the auditor watchdog.8,9 White’s shortlist reportedly even includes the top Republican staff member of the Senate Banking Committee.10

At best, Mary Jo White is siding with big business against reformers. At worst, she is trying to force out a regulator who has raised the ire of her husband’s Wall Street clients. If White wants to start restoring trust in the SEC, she needs to recuse herself immediately.

Tell SEC Chair Mary Jo White: Recuse yourself from picking auditor watchdog chief. Click here to sign the petition.

>>> They tried to buy the presidency for Scott Walker, and they failed.

It’s been less than 48 hours since Scott Walker dropped out of the presidential race, and already outside groups are setting their sights on Russ. A right-wing special interest group, Club for Growth, just announced an ad buy in Wisconsin — $700,000 spent in attack ads.

This brings the total outside groups have spent to $1.5 million — well over a year before Election Day — to keep Wisconsin’s Senate seat in the hands of the special interests.

And it’s only the beginning. If they keep spending at this pace, these groups will have burned through tens of millions of dollars in a desperate attempt to beat Russ by Election Day.

There should be consequences for flooding Wisconsin airwaves with attack ads. Money talks, and I’m ready for our grassroots funds to talk back. They think they can take free shots, but they can’t.

They can’t because Russ has an army of grassroots supporters at the ready. Let’s show Club for Growth and other special interests this race isn’t for sale.

They tried to buy the presidency for Scott Walker, and they failed. Let’s make sure their attempt to keep their Senate seat fails too.

Thank you,

Tom Russell
Campaign Manager

Russ for Wisconsin