Author: jimmy

JPMorgan’s bait-and-switch: The ballyhooed settlement is just a scam!

Meanwhile, almost all of the deal, save a $2 billion penalty to the U.S. Attorney’s Office in Sacramento to settle a civil lawsuit, is tax deductible as a business expense. Assuming a 38 percent rate for deductions (as JPMorgan does) on $7 billion in business expenses, this knocks another $2.66 billion off the real cost to JPMorgan Chase. A ballyhooed $13 billion settlement winds up being closer to $2.74 billion.

The Wahhabi-Likudnik war of terror

Bandar Bush’s strategy, coordinated with jihadis, was to virtually beg for Hezbollah to fight inside Syria. When Hezbollah obliged, with only a few hundred fighters, the jihadis scurried away from the battlefield to implement plan B: blowing up innocent women and children in the streets of Lebanon.

Media Control and Indoctrination in the United States

There are Democrats and there are Republicans. Report honestly what they’re saying—balance and so on—and then you’re objective. If you go beyond that and you ask a question about the bounds, then you’re biased, subjective, emotional, maybe anti-American, whatever the usual curse words are. So that’s a task and, you know, you can understand it from the point of view of established power. It’s a distorting prism with enormous impact.

Electrified Thought Fences – Narcissism: Real And Imagined

the determination of corporate commentators to ignore the importance and truth of Brand’s arguments, and to focus instead on his ‘sexism’, ‘narcissism’, and his relationship with Jemima Khan, are classic examples of group narcissism; of journalists prioritising their careers, their corporations, their class, ‘not on the basis of an objective value judgement, but because it is me or mine’.

The world won’t listen

Nothing must interfere with the depressive psychosis of modern Britain, which has become a most violent and melancholic country, with no space for measured debate. Like Russell, I believe that the most powerful vote you can give is No Vote; for the days of Prime Ministers have gone, and it’s time for a form of change that is far more meaningful than simply switching blue to red.

UK warns Afghanistan of delaying security deal

What does it say about the discipline of UK / US troops when their continued presence in a theatre of war is contingent on the occupied country granting immunity for crimes yet to be committed? Try to imagine a foreign occupying army demanding such legal concessions from our own government following an invasion of our homeland.

Blair earns so much from deaths of so many in Iraq

It means that democracy is a kind of theatre, in which the public is allowed to play a limited role, like the audience in Who Wants to Be a Millionaire or Strictly Come Dancing, and press a buzzer for this party or that party, but it cannot be privy to the backrooms where politicians and civil servants take decisions without consultation and without explanation

Britain’s Noxious History of Imperial Warfare

At Westminster senior politicians from both the Conservative Party and the Labour Party happily proclaim that the British Empire was a good thing and the time for apologizing is over. These same politicians are still absolutely addicted to intervening in other people’s countries, with Afghanistan and Iraq now having been joined by Libya and Mali.

Feeding the Flame of Revolt

“The hypocrisy of ‘law and order’ and the injustices caused by capitalism cannot be cured by institutional reform but through civil disobedience and direct action,” Hammond told the court. “Yes, I broke the law, but I believe that sometimes laws must be broken in order to make room for change.”

France clueless on Iran

Heavy water Arak is not the problem. Heavy Gallic posturing is. Let’s see whether the Fabius reactor will leak again next week, or whether Kerry will be able to contain it.