Showing posts with label Steps. Show all posts
Showing posts with label Steps. Show all posts

Tuesday, April 1, 2014

"Russian Zuckerberg" Pavel Durov steps down as CEO of Vkontakte social network

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"Russian Zuckerberg" Pavel Durov steps down as CEO of Vkontakte social network

Tuesday, March 18, 2014

Saturday, February 15, 2014

Obama considers new steps against Syria ‘to pressure’ Assad


US President Barack Obama (R) listens while King Abdullah II of Jordan makes a statement for the press before a meeting at The Annenberg Retreat at Sunnylands February 14, 2014 in Rancho Mirage, California. (AFP Photo / Brendan Smialowski)
US President Barack Obama (R) listens while King Abdullah II of Jordan makes a statement for the press before a meeting at The Annenberg Retreat at Sunnylands February 14, 2014 in Rancho Mirage, California. (AFP Photo / Brendan Smialowski)


US President Barack Obama said he is mulling steps to put pressure on Syrian President Bashar Assad to kickstart the stalled Geneva peace conference. But Russia’s FM Sergey Lavrov says every attempt is being made to derail the peace process.


Obama’s comments were delivered while meeting with Jordan’s King Abdullah in California on Friday to discuss a range of issues, including the current Syrian stalemate.


The US president said he does not expect the conflict to be resolved in the immediate future, though “immediate steps” will be taken to “help the humanitarian assistance there.”


“There will be some intermediate steps that we can take applying more pressure to the Assad regime and we are going to be continuing to work with all the parties concerned to try to move forward on a diplomatic solution,” Reuters cited Obama as saying.


Obama did not specify what steps he would consider, but US Secretary of State John Kerry told reporters on Friday that Obama had asked “all of us to think about various options that may or may not exist.”


Having pledged $ 1 billion in loans to help stabilize Jordan’s economy, the US believes that the country, which already currently has more than 600,000 Syrian war refugees, has a part to play in resolving the Syrian conflict.


“We have been ramping up our support to the moderate opposition and Jordan has its own strong role to play in relationship to the moderate opposition,” a senior Obama administration official told the agency following two hours of talks at the Sunnylands retreat.


Frustrated by what he views as Assad’s intransigence regarding a transition of power in the country, Obama has made it a clear a more assertive policy could be in the works.


Senior administration officials who briefed reporters about Obama’s talks with King Abdullah reiterated previous claims that all options remain on the table, short of putting boots on the ground.


One option is arming the Syrian rebels, something that Washington’s Gulf allies have been actively doing, though one official said such a move would only be enacted to help push the process toward a political solution.


AFP Photo / Mahmud Al-Halabi
AFP Photo / Mahmud Al-Halabi


According to one report last month, the US Congress has already authorized sending small arms, an assorted variety of rockets, and financial backing to moderate rebel forces.


American and European security officials told Reuters that the US will provide anti-tank rockets, but nothing as deadly as shoulder-launched surface-to-air missiles (known as MANPADs), which can be used to bring down military or civilian aircraft.


The US has long opposed arming rebels with anti-aircraft missiles, fearing they could fall into the hands of extremists who would then use them against the West or commercial airlines. A senior Obama administration official told the Wall Street Journal on Friday that the US objection remains the same. “There hasn’t been a change internally on our view,” the official said.


Meanwhile, Saudi Arabia on Friday decided to start providing the opposition with Chinese Manpads and antitank guided missiles from Russia, WSJ reports, citing Western and Arab diplomats and opposition figures.


Although significant military hardware remains off the table for now, the US for its part has increased its financial support to the opposition, handing over millions of dollars to help pay rebel fighters, said rebel commanders who received some of the money. Washington would not comment on the payments.


On Friday, FM Lavrov said it was his impression that “systematic attempts” were being made to find any excuse to derail a political settlement in Syria.


“First, a political settlement was almost derailed over speculation regarding chemical weapons. Now that that problem is solved, I hope that everything will be done, just as the Syrian leadership has pledged,” Lavrov told a press conference following talks with his German counterpart, Frank-Walter Steinmeier.


‘When the chemical [weapons] issue is not being speculated over, then attempts are made to politicize the issue of the humanitarian crisis,” he said.


Lavrov said that when Russia and the US took the initiative to push ahead with the Geneva 2 peace conference, it was perfectly clear that there should be complete implementation of the June 2012 Geneva Communique, which, among other points, calls for a transitional governing body that could include members of the current government and the opposition.


But in pushing the Syrian opposition to participate in the Geneva 2 conference, there is now the impression that Western powers only did so for the sake of initiating regime change, he said.


“Certainly, we grow alarmed whenever the presidents of the United States and France once again say at a joint press conferences that the affair may go beyond negotiations,” Lavrov said.


Source: RT





End the Lie – Independent News



Obama considers new steps against Syria ‘to pressure’ Assad

Monday, February 10, 2014

Obama: ‘Whenever I can take steps without legislation,’ I will


Infowars.com
February 9, 2014


In his weekly address, Obama repeated previous comments about circumventing Congressional process.


“I want to work with Congress on this agenda where I can,” Mr. Obama said. “But in this year of action, whenever I can take steps without legislation to expand opportunity for more American families, I will.”


This article was posted: Sunday, February 9, 2014 at 6:37 am


Tags: constitution










Infowars



Obama: ‘Whenever I can take steps without legislation,’ I will

Wednesday, December 18, 2013

4th Grade Common Core Math Problem Takes 108 Steps to Complete

4th Grade Common Core Math Problem Takes 108 Steps to Complete
http://truthstreammedia.com/wp-content/uploads/2013/12/common-core-absurd-math.jpg



common-core-absurd-math


image_pdfimage_print

If your child got the answer in two steps, he’d be counted wrong.


(Melissa Melton via The Daily Sheeple)


This would be kinda funny if it wasn’t so damn sad (or real life).


Check out this video of mother-of-three Karen Lamoreaux, member of Arkansas Against Common Core, completely owning the ridiculous educational failure that is the Common Core State Standards in her testimony before the Arkansas Board of Education on Monday.


“After listening to what was said this morning, I have come to the conclusion that this board is clearly as uninformed as the parents were when these standards were adopted.”


Oooh burn.


Too bad the board cut Lamoreaux off after only four minutes. She didn’t even get a chance to mention the privacy and testing concerns she had. Then again, to list all the concerns she probably actually has about Common Core wouldn’t have taken a mere session; it might have easily taken all day (or week… or month… or…).


Dumbing kids down is absolutely right. Apparently if you just know how to do simple math because it’s, well… simple, under Common Core, your answer would still be counted wrong because you didn’t do it in some convoluted, idiotic way that basically renders doing the math entirely pointless by the time you’re finished anyway. A simple 4th grade division problem regarding 18 students counting off to 90 takes an absurd 108 steps to get “right” via Common Core?


These are the “rigorous” standards that will make our children “college-ready”? Wha…? Did the Mad Hatter from Alice in Wonderland write these standards when he was smoking crack?


Wooooow. No wonder New York principals are reporting deep concern over the fact that their elementary school students are becoming so upset during Common Core testing, they are literally throwing up and soiling themselves. That’d make me want to puke, too.


And then there’s the fact that this generation will be running society pretty soon…



Contributed by Melissa Melton of The Daily Sheeple. Melissa Melton is a writer, researcher, and analyst for The Daily Sheeple and a co-creator of Truthstream Media. Wake the flock up!




Melissa Melton

Melissa Melton is a co-founder of TruthstreamMedia.com. She is an experienced researcher, graphic artist and investigative journalist with a passion for liberty and a dedication to truth. Her aim is to expose the New World Order for what it is — a prison for the human soul from which we must break free.






Truthstream Media




Read more about 4th Grade Common Core Math Problem Takes 108 Steps to Complete and other interesting subjects concerning The Edge at TheDailyNewsReport.com

Wednesday, December 11, 2013

Boehner Gripes About Tea Party Budget Cuts, Backs “Baby Steps”


Infowars.com
December 11, 2013


Establishment Republicans are almost indistinguishable from their Democrat counterparts. They want to continue the swindle and tax the American people into oblivion. Democrats want to cut the military, or some of them do at least, and Republicans want to cut Medicare and Medicaid.


House Speaker John Boehner, the Ohio Republican, is upset with the largely ineffectual tea party faction in the House. It’s time to get back to business as usual, he says.


This article was posted: Wednesday, December 11, 2013 at 2:54 pm









Infowars



Boehner Gripes About Tea Party Budget Cuts, Backs “Baby Steps”

Friday, November 22, 2013

U.S. government rarely uses best cybersecurity steps: advisers




WASHINGTON Fri Nov 22, 2013 1:43pm EST



WASHINGTON (Reuters) – The U.S. government itself seldom follows the best cybersecurity practices and must drop its old operating systems and unsecured browsers as it tries to push the private sector to tighten its practices, technology advisers told President Barack Obama.


“The federal government rarely follows accepted best practices,” the President’s Council of Advisors on Science and Technology said in a report released on Friday. “It needs to lead by example and accelerate its efforts to make routine cyberattacks more difficult by implementing best practices for its own systems.”


PCAST is a group of top U.S. scientists and engineers who make policy recommendations to the administration. William Press, computer science professor at the University of Texas at Austin, and Craig Mundie, senior adviser to the CEO at Microsoft Corp, comprised the cybersecurity working group.


The Obama administration this year stepped up its push for critical industries to bolster their cyber defenses, and Obama in February issued an executive order aimed at countering the lack of progress on cybersecurity legislation in Congress.


As part of the order, a non-regulatory federal standard-setting board last month released a draft of voluntary standards that companies can adopt, which it compiled through industry workshops.


But while the government urges the private sector to adopt such minimum standards, technology advisers say it must raise its own standards.


The advisers said the government should rely more on automatic updates of software, require better proof of identities of people, devices and software, and more widely use the Trusted Platform Module, an embedded security chip.


The advisers also said for swifter response to cyber threats, private companies should share more data among themselves and, “in appropriate circumstances” with the government. Press said the government should promote such private sector partnerships, but that sensitive information exchanged in these partnerships “should not be and would not be accessible to the government.”


The advisers steered the administration away from “government-mandated, static lists of security measures” and toward standards reached by industry consensus, but audited by third parties.


The report also pointed to Internet service providers as well-positioned to spur rapid improvements by, for instance, voluntarily alerting users when their devices are compromised.


To read PCAST’s report, see r.reuters.com/ryq84v


(Reporting by Alina Selyukh; Editing by Vicki Allen)






Reuters: Politics



U.S. government rarely uses best cybersecurity steps: advisers

Wednesday, October 30, 2013

Ten Steps You Can Take Right Now Against Internet Surveillance


One of the trends we’ve seen is how, as the word of the NSA’s spying has spread, more and more ordinary people want to know how (or if) they can defend themselves from surveillance online. But where to start?


The bad news is: if you’re being personally targeted by a powerful intelligence agency like the NSA, it’s very, very difficult to defend yourself. The good news, if you can call it that, is that much of what the NSA is doing is mass surveillance on everybody. With a few small steps, you can make that kind of surveillance a lot more difficult and expensive, both against you individually, and more generally against everyone.


Here are ten steps you can take to make your own devices secure. This isn’t a complete list, and it won’t make you completely safe from spying. But every step you take will make you a little bit safer than average. And it will make your attackers, whether they’re the NSA or a local criminal, have to work that much harder.


  1. Use end-to-end encryption. We know the NSA has been working to undermine encryption, but experts like Bruce Schneier who have seen the NSA documents feel that encryption is still “your friend”. And your best friends remain open source systems that don’t share your secret key with others, are open to examination by security experts, and encrypt data all the way from one end of a conversation to the other: from your device to the person you’re chatting with. The easiest tool that achieves this end-to-end encryption is off-the-record (OTR) messaging, which gives instant messaging clients end-to-end encryption capabilities (and you can use it over existing services, such as Google Hangout and Facebook chat). Install it on your own computers, and get your friends to install it too. When you’ve done that, look into PGP–it’s tricky to use, but used well it’ll stop your email from being an open book to snoopers. (OTR isn’t the same as Google Chat’s option to “Go off the record”; you’ll need extra software to get end-to-end encryption.)

  2. Encrypt as much communications as you can. Even if you can’t do end-to-end, you can still encrypt a lot of your Internet traffic. If you use EFF’s HTTPS Everywhere browser addon for Chrome or Firefox, you can maximise the amount of web data you protect by forcing websites to encrypt webpages whenever possible. Use a virtual private network (VPN) when you’re on a network you don’t trust, like a cybercafe.

  3. Encrypt your hard drive. The latest version of Windows, Macs, iOS and Android all have ways to encrypt your local storage. Turn it on. Without it, anyone with a few minutes physical access to your computer, tablet or smartphone can copy its contents, even if they don’t have your password.

  4. Strong passwords, kept safe. Passwords these days have to be ridiculously long to be safe against crackers. That includes the password to email accounts, and passwords to unlock devices, and passwords to web services. If it’s bad to re-use passwords, and bad to use short passwords, how can you remember them all? Use a password manager. Even write down your passwords and keeping them in your wallet is safer than re-using the same short memorable password — at least you’ll know when your wallet is stolen. You can create a memorable strong master password using a random word system like that described at diceware.com.

  5. Use Tor. , this slide leaked from GCHQ says. That shows much the intelligence services are worried about it. Tor is an the open source program that protects your anonymity online by shuffling your data through a global network of volunteer servers. If you install and use Tor, you can hide your origins from corporate and mass surveillance. You’ll also be showing that Tor is used by everyone, not just the “terrorists” that GCHQ claims.

  6. Turn on two-factor (or two-step) authentication. Google and Gmail has it; Twitter has it; Dropbox has it. Two factor authentication, where you type a password and a regularly changed confirmation number, helps protect you from attacks on web and cloud services. When available, turn it on for the services you use. If it’s not available, tell the company you want it.

  7. Don’t click on attachments. The easiest ways to get intrusive malware onto your computer is through your email, or through compromised websites. Browsers are getting better at protecting you from the worst of the web, but files sent by email or downloaded from the Net can still take complete control of your computer. Get your friends to send you information in text; when they send you a file, double-check it’s really from them.

  8. Keep software updated, and use anti-virus software. The NSA may be attempting to compromise Internet companies (and we’re still waiting to see whether anti-virus companies deliberately ignore government malware), but on the balance, it’s still better to have the companies trying to fix your software than have attackers be able to exploit old bugs.

  9. Keep extra secret information extra secure. Think about the data you have, and take extra steps to encrypt and conceal your most private data. You can use TrueCrypt to separately encrypt a USB flash drive. You might even want to keep your most private data on a cheap netbook, kept offline and only used for the purposes of reading or editing documents.

  10. Be an ally. If you understand and care enough to have read this far, we need your help. To really challenge the surveillance state, you need to teach others what you’ve learned, and explain to them why it’s important. Install OTR, Tor and other software for worried colleagues, and teach your friends how to use them. Explain to them the impact of the NSA revelations. Ask them to sign up to Stop Watching Us and other campaigns against bulk spying. Run a Tor node, or hold a cryptoparty. They need to stop watching us; and we need to start making it much harder for them to get away with it.



WHAT REALLY HAPPENED



Ten Steps You Can Take Right Now Against Internet Surveillance

Friday, July 12, 2013

Quebec town takes small steps toward normalcy after train disaster

LAC-MEGANTIC, Quebec, July 12 – Shell-shocked residents of Lac-Megantic in Quebec took a small step toward normalcy on Friday after homes and businesses reopened just yards away from the lakeside town’s devastated center.



Reuters: Top News



Quebec town takes small steps toward normalcy after train disaster

Friday, June 28, 2013

Kerry steps up shuttle talks with Abbas and Netanyahu

JERUSALEM (Reuters) – U.S. Secretary of State John Kerry accelerated his Middle East shuttle diplomacy on Friday in the hope of persuading Israel and the Palestinians to resume direct peace negotiations.


Reuters: Top News



Kerry steps up shuttle talks with Abbas and Netanyahu

Friday, June 14, 2013

Obama steps up military aid to Syrian rebels


(AP) — President Barack Obama’s authorization of military aid to the Syrian rebels “dramatically” increases U.S. support for the opposition, the White House said Friday, while acknowledging that it will take time for the supplies to reach fighters struggling in their clashes with Syrian President Bashar Assad.


U.S. officials said the new aid would include weapons and ammunition and comes in response to firmer evidence from the White House of chemical weapons use by Assad’s regime.


“There’s already material that’s been flowing to the opposition and that will continue in the weeks to come,” said Ben Rhodes, Obama’s deputy national security adviser.


Obama has said the use of chemical weapons would cross a “red line,” suggesting greater American intervention. While a small percentage of the 93,000 people reportedly killed in Syria are said to have died from chemical weapons — U.S. intelligence puts the number at 100 to 150 — the White House views the deployment of the deadly agents as a flouting of international norms.


Rhodes said Obama made the decision to authorize military aid to the rebels over the past few weeks. He also defended the president’s caution on the issue, saying “these are not steps the president takes lightly.”


The full scope of the assistance authorized by the White House is still unclear. But the administration could give the rebels a range of weapons, including small arms, assault rifles, shoulder-fired rocket-propelled grenades and other anti-tank missiles. The opposition forces could operate most of that equipment without significant training.


In Syria Friday, the Foreign Ministry said, “The White House has issued a statement full of lies about the use of chemical weapons in Syria based on fabricated information. The United States is using cheap tactics to justify President Barack Obama’s decision to arm the Syrian opposition.”


And in Moscow, President Vladimir Putin’s foreign affairs adviser said Russia not convinced with Washington’s claim that Syrian regime had used chemical weapons against the opposition. Yuri Ushakov told reporters the information provided by U.S. officials to Russia “didn’t look convincing.”


Rhodes, in response to Ushakov’s comments, said the U.S. had “very firm” evidence, including physiological samples of sarin use.


The commander of the main Western-backed rebel group fighting in Syria said he hoped that U.S. weapons will be in the hands of rebels in the near future, noting it would boost the spirits of the fighters on the ground. “We hope to have the weapons and ammunition that we need in the near future,” Gen. Salim Idris told Al-Arabiya TV.


“This will surely reflect positively on the rebels’ morale, which is high despite attempts by the regime, Hezbollah and Iran to show that their morale after the fall of Qusair deteriorated,” he said, referring to the town near the border with Lebanon.


Obama’s opposition to sending American troops into Syria makes it less likely the U.S. will provide sophisticated arms or anti-aircraft weapons that would require large-scale training. Administration officials are also worried about high-powered weapons ending up in the hands of terrorist groups. Hezbollah fighters are among those backing Assad’s armed forces, and al-Qaida-linked extremists back the rebellion.


The CIA and special operations trainers are already running some weapons training programs for the rebels and are expected to take charge of teaching the opposition how to use the weapons the U.S. has agreed to supply, another U.S. official said.


There is also some debate within the administration about who would provide the lethal aid and how it might be delivered, the U.S. officials said.


All the officials insisted on anonymity because they weren’t authorized to speak on the record about internal administration discussions.


Obama has resisted arming the rebels until now, a cautious approach that underscores the deep divisions within his administration. The proponents of more aggressive action, including Secretary of State John Kerry, appeared to have won out over those wary of sending weapons and ammunition into the war zone.


The U.S. has made no decision on operating a no-fly zone over Syria, Rhodes said.


The U.S. has so far provided the Syrian rebel army with rations and medical supplies. The administration has also agreed in principle to provide body armor and other equipment such as night-vision goggles to the rebels, although the Pentagon has said there has been no movement on that as yet.


Word of the stepped-up assistance followed new U.S. intelligence assessments showing that Assad has used chemical weapons, including sarin, on a small scale multiple times in the last year.


Obama advisers believe Assad’s regime still maintains control of Syria’s chemical weapons stockpiles and does not see any evidence that rebel forces have launched attacks using the deadly agents. However, British Prime Minister David Cameron said Friday that there were some indications that “al Qaida-linked elements” in the opposition have “attempted to acquire chemical weapons for probable use in Syria.”


The Obama administration announced in April that it had “varying degrees of confidence” that sarin had been used in Syria. But they said at the time that they had not been able to determine who was responsible for deploying the gas.


The more conclusive findings announced Thursday were aided by evidence sent to the United States by France, which, along with Britain, has announced it had determined that Assad’s government had used chemical weapons.


In Brussels, NATO Secretary-General Anders Fogh Rasmussen said Friday, “The international community has made clear that any use of chemical weapons is completely unacceptable and a clear breach of international law.”


He said he welcomes the “clear U.S. statement” and called on Syria to “grant access to the United Nations to investigate all reports of chemical weapons use.”


Obama has said repeatedly that the use of chemical weapons would cross a “red line” and constitute a “game changer” for U.S. policy on Syria, which until now has focused entirely on providing the opposition with nonlethal assistance and humanitarian aid.


The White House said it had notified Congress, the United Nations and key international allies about the new U.S. chemical weapons determination. Obama will discuss the assessments, along with broader problems in Syria, during the summit of eight leading industrial nations next week in Northern Ireland.


Among those in attendance will be Russia’s Putin, one of Assad’s most powerful backers. Obama and Putin will hold a one-on-one meeting on the sidelines of the summit, and the U.S. leader is expected to press his Russian counterpart to drop his political and military support for the Syrian government.


The Syrian fighters have been clamoring for bolder Western intervention, particularly given the estimated 5,000 Hezbollah guerrillas propping up Assad’s forces. Assad’s stunning military success last week at Qusair, near the Lebanese border, and preparations for offensives against Homs and Aleppo have made the matter more urgent.


Rep. Ed Royce, R-Calif., the chairman of the House Foreign Affairs Committee, said he supported the president’s decision “to expand assistance for the vetted Syrian opposition.” But other lawmakers expressed reservations, including Sen. Chris Murphy, D-Conn., a member of the Senate Foreign Relations Committee.


___


Associated Press writers Matthew Lee, Kimberly Dozier, Donna Cassata, Andrew Taylor in Washington, Cassandra Vinograd in London, and Edith M. Lederer at the United Nations contributed to this report.


Associated Press




Politics Headlines



Obama steps up military aid to Syrian rebels

Wednesday, June 12, 2013

Fierce Selloff in Emerging Market Currencies; India Intervenes to Stop Plunge in Rupee; Brazil Steps Up Real Intervention; Root Cause of Crisis

I’s hard not to laugh at the irony of recent central bank currency actions.


  • After complaining for years about the strength of the Real, the Brazilian central bank stepped up intervention actions hoping to stop a plunge in the currency.

  • Turkey now attempts to attract capital after taking measures for the past four years to stop the flow of money into the country.

  • In India, the central bank seeks to stop a plunge in the Rupee which is at a record low of record low 58.95 to the dollar.

The Wall Street Journal reports Emerging-Market Currencies See Turnaround After Hefty Losses

The South African rand and other emerging-market currencies reversed course to gain against the dollar Tuesday after suffering heavy losses earlier in the session.

These currencies have plummeted rapidly in June, dragged down by expectations the Federal Reserve will taper its bond-buying program later this year. Ultra-accommodative U.S. monetary policy had helped drive investors to seek higher yields in emerging markets in recent years, analysts say.


India’s central bank dove into foreign exchange markets Tuesday to stop the rupee’s slide at a record low of INR58.95 to the dollar. Pressured to attract capital to the country, a top Indian economic official promised a new round of measures to allow foreign investment in currently restricted parts of the economy. The rupee pared losses against the dollar but still fell 0.3% on the day to trade at INR58.34 per dollar.


Turkey’s central bank on Tuesday announced new measures to attract capital after spending much of the past four years trying to stop too much money from flooding into its economy. That helped to stem the lira’s fall to near a multi-year low against the dollar as police moved in on protesters in Istanbul. Turkey’s capital measures echoed Brazil’s move earlier this month to eliminate a 6% tax on foreigners’ bond investments.


Brazil’s central bank stepped up intervention in the face of the rapid currency depreciation that began on May 28, with a series of foreign exchange swap auctions, including two on Tuesday.


Emerging Market Assets Suffer in Fierce Sell-Off


The Financial Times reports Emerging market assets suffer in fierce sell-off.

Emerging market currencies, stocks and bonds suffered a fierce sell-off on Tuesday on rising investor concerns over the prospect of the US Federal Reserve reining in its programme of bond-buying to drive down long-term interest rates.

The South African rand and the Brazilian real touched four-year lows against the US dollar on Tuesday, and the Indian rupee fell to a record low. Even relatively robust countries like the Philippines and Mexico – long favourites of investors – have been hit by a spate of selling.


The FTSE Emerging Markets index fell 1.7 per cent on Tuesday, taking its decline since its May peak to more than 10 per cent. Shares in Brazil – one of the four big emerging markets – closed 3 per cent in São Paulo on Tuesday. That pulled Brazilian shares into bear market territory – a drop of more than 20 per cent from a peak this year.


Both international and local currency emerging market bonds have been pummelled, sending borrowing costs higher.


Benoit Anne, a senior strategist at Société Générale, said central bank money had arguably inflated a bubble in emerging markets, which was now unravelling as investors priced in a change in Fed policy. “This will not be a short-lived sell-off,” he predicted.


Emerging market fund managers have also been hit by investor redemptions. Asset managers that focus on international bonds last week suffered the biggest investor withdrawal since mid-2007, according to EPFR. Emerging market equity funds were hit with the biggest redemptions since 2011. 


Cause of the Selloff


Both the Financial Times and the Wall Street Journal pinned the blame on the possibility the Fed would stop its QE programs later this year.


I rather doubt that is the cause, and I also doubt the Fed is going to stop QE any time soon.


Instead, I propose this is what happens when bubbles burst. And a huge part of numerous bubbles was widespread belief the growth in China and India will last forever. Hot money plowed into emerging market countries and also commodity producing countries.


Australia is another casualty of the coming bust of China. For details please see Australian Dollar Plunges as Home Loans Dive; Australia Insolvencies Hit Record; Worst is Yet to Come.


To be sure insane amounts of liquidity fueled various bubbles in stocks, in bonds, in emerging markets, but with the global economy rapidly slowing, and with much of Europe in an outright economic depression, the Fed is not that likely to curtail QE soon.


If the Fed does slow QE, it will not be because the US economy is strengthening, but rather realization by the Fed (not admitted of course) that various stock and bond market bubbles pose serious economic risks if allowed to grow bigger.


Root Cause of Crisis


By the way, all this extremely volatile currency action, as well as various equity and bond market bubbles, can be pinned entirely on central banks, fractional reserve lending, and lack of a gold standard.


Mike “Mish” Shedlock
http://globaleconomicanalysis.blogspot.com 


Mish’s Global Economic Trend Analysis



Fierce Selloff in Emerging Market Currencies; India Intervenes to Stop Plunge in Rupee; Brazil Steps Up Real Intervention; Root Cause of Crisis

Monday, June 10, 2013

Another Truth-Teller Steps Forward


Exclusive: Edward Snowden, the person who disclosed top-secret documents on the U.S. government’s massive surveillance programs, is reportedly in Hong Kong and seeking asylum from countries that value openness and freedom, conditions seen as slipping away at home, as ex-CIA analyst Ray McGovern notes.


By Ray McGovern


Before the U.S. government and the mainstream media engage in the customary character assassination of truth-teller Edward Snowden – a fate endured by Pfc. Bradley Manning and others – let’s get on the record the motives he gave for releasing the trove of information on intrusive eavesdropping by the National Security Agency.


Why would someone like Snowden, a 29-year-old employee of national-security contractor Booz Allen Hamilton, jeopardize what he calls “a very comfortable life” in order to blow the whistle on the U.S. government’s abuse of power?



Edward Snowden, who revealed himself as the leaker of top-secret documents related to the National Security Agency’s electronic surveillance. (Photo credit: the UK Guardian)



If what he did sounds weird, this is only because there are so precious few like him who will stand on principle and risk everything. Snowden explained that if the public does not know about these intrusive programs, there is no room for citizen input regarding how they square with our constitutional rights.


Snowden, who was living in Hawaii with a promising career and a salary said to be about $ 200,000 a year, told the London Guardian: “I’m willing to sacrifice all of that because I can’t in good conscience allow the U.S. government to destroy privacy, Internet freedom, and basic liberties for people around the world with this massive surveillance machine they’re now building.”


He added that he wanted to reveal the “federation of secret law, unequal pardon, and irresistible executive powers that rule the world I love. … What they’re doing poses an existential threat to democracy.”


Snowden enlisted in the Army in 2003 and began training to join the Special Forces. He told the Guardian: “I wanted to fight in the Iraq war because I felt like I had an obligation as a human being to help free people from oppression.” He quickly found, though, that, in his words, “Most of the people training us seemed pumped up about killing Arabs, not helping anyone.” Snowden broke both legs in a training accident and was discharged.


In several key respects, the experiences of Snowden resemble those of Bradley Manning. Both took the enlisted person’s oath to “support and defend the Constitution of the United States against all enemies, foreign and domestic.” As a condition of employment, both signed a promise not to disclose classified information; and both witnessed at close hand flagrant abuses that their consciences told them they needed to expose.


All this required them to go back on their secrecy promise, in order to achieve a greater good. What they were able to understand, and act on, is what ethicists call a “supervening value.” [See Daniel C. Maguire’s The Manning Trial’s Real Defendant” regarding the moral balancing act between democracy’s need for information and government insistence on secrecy.]


It didn’t require a law degree for Bradley Manning and Edward Snowden to understand how the Bush and Obama administrations were playing fast and loose with key provisions of the Constitution of the United States.


‘Safety’ Before Constitution


As for the current President, he seems to have been editing the oath he took to “preserve, protect, and defend the Constitution of the United States.” Few caught it when he preached on national security on May 23, but Greg Sargent noted in the Washington Post that Obama defined his commander-in-chief role as requiring him to tilt toward national security and away from civil liberties – clearly prioritizing the latter out of a warped zero-sum mindset.


Obama said “constitutional issues” must be “weighed” against “my responsibility to protect the American people.” Got that? He was even more explicit last Friday about how he sees these choices. “You can’t have 100 percent security and also then have 100 percent privacy and zero inconvenience,” Obama said. “We’re going to have to make some choices as a society. … There are trade-offs involved.”


Regarding his priorities, he said: “When I came into this office I made two commitments … Number one, to keep the American people safe; and Number two, to uphold the Constitution. And that includes what I consider to be a constitutional right to privacy and an observance of civil liberties.”


Thanks for tacking on that last sentence, Mr. President, but your defense of the incredibly wide and intrusive programs – alien to Fourth Amendment protections – strain credulity well beyond the breaking point. You lost me when you described the recently revealed eavesdropping programs that suck up data on billions of our communications daily as “very narrowly circumscribed” and “very focused.”


In July 2008, when Congress passed and President Bush signed a law making government eavesdropping easier and granting immunity to telecommunications companies, which had already violated, together with the Bush administration, our Fourth Amendment rights, this seemed to me a watershed. What possible incentive would the telecoms now have for abiding by the Constitution, I asked myself.


When I heard that then-Sen. Barack Obama had flip-flopped on this vote – as he was burnishing his national security “cred” for his White House run – I wrote him an open letter. He had said he would vote against the bill, before he decided to vote for this major revision of the Foreign Intelligence and Surveillance Act (FISA) of 1978.


I gave my open letter the title It’s a Deal Breaker for This Intelligence Officer.” Here’s the main part:


“July 3, 2008


“Dear Senator Obama,


“I speak from 30 years of experience in intelligence work. I don’t know who actually briefed you on the eavesdropping legislation, but the bill is unnecessary for intelligence collection and POISON for our civil liberties — not even to mention the unconscionable retroactive immunity provision.


“You have made a big mistake, Senator, in indicating you intend to vote for it. There is still time to change your mind. That’s what big people do. Your ‘explanation’ was unworthy of one who has sworn to protect and defend the Constitution of the United States (including the Fourth Amendment).”


 ‘Turnkey Tyranny’


The consequences of this law are what Snowden ended up warning us against in the video arranged by the Guardian, after he reviewed some of what he had seen from his vantage point. His window into the National Security Agency and its management no doubt provided unflattering insight into the behavior of its leaders and their nodding, dismissive acquaintance with any limitations in existing law.


Air Force Gen. Michael Hayden who saluted smartly when ordered by President Bush and Vice President Dick Cheney to discard what had been known as NSA’s “First Commandment – Thou shalt not eavesdrop on Americans without a warrant.” The rubric-justification was: “After 9/11, everything changed” – including any need to pay much attention to the law. Like the telecom corporations, Hayden was not only held harmless and forgiven but lauded for his patriotism


And if you think his successor, Army General Keith Alexander, feels constrained by his own oath of office, think again. It is a felony to lie to Congress. He did. In olden days it would have been an embarrassing, career-ending story. Not for Alexander. The “mainstream media” has lionized him rather than holding him accountable. And he now sports four stars and not only directs NSA but also is Commander of the U.S. Cyber Command.


It’s a long but instructive story: In December 2005, top New York Times executives belatedly decided to let the rest of us in on the fact that the George W. Bush administration had been eavesdropping on American citizens without the court warrants required by the Foreign Intelligence Surveillance Act (FISA) of 1978.


The Times had learned of this several months before the presidential election of 2004 but acquiesced to White House entreaties to suppress the damaging information. However, in late fall 2005, Times correspondent James Risen prepared to publish a book, State of War: The Secret History of the CIA and the Bush Administration,” revealing the warrantless eavesdropping anyway. Times publisher, Arthur Sulzberger, Jr., recognized that he could procrastinate no longer.


It would simply be too embarrassing to have Risen’s book on the street with Sulzberger and his associates pretending that this explosive eavesdropping story did not fit Adolph Ochs’s trademark criterion: All The News That’s Fit To Print. (The Times’ own ombudsman, Public Editor Byron Calame, later branded the newspaper’s explanation for the long delay in publishing this story “woefully inadequate.”)


When Sulzberger told his friends in the White House that he could no longer hold off on publishing in the newspaper, he was summoned to the Oval Office for a counseling session with President Bush on Dec. 5, 2005. Bush tried in vain to talk him out of putting the story in the Times. The truth would out; part of it, at least – in 11 days.


Gen. Alexander Out of the Loop


Unfortunately for National Security Agency Director Lt. Gen. Keith Alexander, the White House neglected to tell him that the cat would soon be out of the bag. So on Dec. 6, Alexander spoke from the old dishonest talking points in assuring visiting House Intelligence Committee member Rush Holt, D-New Jersey, that the NSA did not eavesdrop on Americans without a court order.


Still possessed of the quaint notion that generals and other senior officials are not supposed to lie brazenly to congressional oversight committees, Holt wrote a blistering letter to Gen. Alexander after the Times, on Dec. 16, front-paged a feature by Risen and Eric Lichtblau, “Bush Lets U.S. Spy on Callers Without Courts.”


But House Intelligence Committee chair Pete Hoekstra, R-Michigan, apparently found Holt’s scruples benighted; Hoekstra did nothing to hold Alexander accountable for misleading Holt, his most experienced committee member, who had served as an intelligence analyst at the State Department.


What followed struck me as bizarre. The day after the Dec. 16 Times feature article, the President of the United States publicly admitted to a demonstrably impeachable offense. Authorizing illegal electronic surveillance was a key provision of the second article of impeachment against President Richard Nixon. On July 27, 1974, this and two other articles of impeachment were approved by bipartisan votes in the House Judiciary Committee and likely would have passed the House if Nixon had not chosen to resign on Aug. 9, 1974.


Yet, far from expressing remorse or regret about his warrantless wiretaps, President Bush bragged about having authorized the surveillance “more than 30 times since the September the 11th attacks,” and said he would continue to do so. The President also said: “Leaders in Congress have been briefed more than a dozen times on this authorization and the activities conducted under it.”


On Dec. 19, 2005, then-Attorney General Alberto Gonzales and then-NSA Director Michael Hayden held a press conference to answer questions about the surveillance program. Gonzales was asked why the White House decided to flout FISA rather than attempt to amend it, choosing instead a “backdoor approach.” He answered:


“We have had discussions with Congress … as to whether or not FISA could be amended to allow us to adequately deal with this kind of threat, and we were advised that that would be difficult, if not impossible.” Impossible? Regarding that time, James Risen quipped: “In October 2001, you could have set up guillotines on the public streets of America.”


It was not difficult to infer that the surveillance program, soon to be given the respectable label of the “Terrorist Surveillance Program,” was of such scope and intrusiveness that, even amid highly stoked fear, it would have elicited public outrage.


Almost All the News Fit to Print


Like the giant telecoms, the New York Times never had to issue a mea culpa for hiding the crass violations of our Fourth Amendment rights until after the 2004 election and another year for good measure.


The issue arose again in a curious way on Sept. 13, 2010, at a large event at the New York Times hosted by then-Managing Editor Jill Abramson in honor of Daniel Ellsberg for his release of the Pentagon Papers, which the Times and others published in June 1971. (Dan invited me to come along; better late than never, we thought.)


Abramson alluded in a matter-of-fact way to a particularly egregious episode in which the Times did not cover itself in glory. But one would not have gleaned the latter from Abramson’s casual mention of how the Times had published “the story about the NSA’s eavesdropping program.”


Abramson: The issue [of government pressure] became salient once again after 9/11, when the Times and other publications were the recipients of requests from the Bush White House to occasionally withhold publication of stories that involved secrets and national security issues. Probably the most famous one involved our publication of the story about the NSA’s eavesdropping program.


Ellsberg: By the way, as the only non-Times person up here, I shouldn’t refrain from saying, I’ve been very publicly very critical of the Times’ decision to withhold the NSA wiretap story — not only, for a whole year, but very critically, past the election of 2004. I think it’s quite possible that the revelation that the president had, for three years, been blatantly violating the law …


Abramson (interrupting): Although in truth, it wasn’t known in real time at the election, the gravity of the legal issue was not.


Ellsberg: The legal issue, perhaps. …


Abramson: So —


Ellsberg: The — a whole year. I think that did make a difference.


Abramson: The thing is when the government says — you know, by publishing a story you’re harming the national security, you’re helping the terrorists. I mean there are still people today who argue that the NSA program was the crown jewel, the most valuable anti-terrorism program that the Bush administration had going, and that it was terribly wrong of the Times to —


Ellsberg: And the Times went ahead.


Abramson: — publish.


Ellsberg: In the end, that’s what I’m saying.


Abramson: In the end, we did go ahead. But I’m saying these are not cavalier decisions.


Anyone want to guess why Ed Snowden chose the Guardian of London (and also the Washington Post) over the “paper of record” for his disclosures?


The Need for Truth-Tellers


In September 2004 Daniel Ellsberg and I drafted an appeal to those who might have been thinking of what Bradley Manning and now Ed Snowden have had the courage to do. It is included below as a reminder that blowing the whistle on war crimes and on gross violations of the U.S. Constitution is a laudable form of patriotism. The last time I checked the professional help promised in 2004 was reaffirmed.


September 9, 2004


APPEAL TO: Current Government Officials


FROM: The Truth-Telling Coalition


It is time for unauthorized truth telling.


Citizens cannot make informed choices if they do not have the facts—for example, the facts that have been wrongly concealed about the ongoing war in Iraq: the real reasons behind it, the prospective costs in blood and treasure, and the setback it has dealt to efforts to stem terrorism. Administration deception and cover-up on these vital matters has so far been all too successful in misleading the public.


Many Americans are too young to remember Vietnam. Then, as now, senior government officials did not tell the American people the truth. Now, as then, insiders who know better have kept their silence, as the country was misled into the most serious foreign policy disaster since Vietnam.


Some of you have documentation of wrongly concealed facts and analyses that—if brought to light—would impact heavily on public debate regarding crucial matters of national security, both foreign and domestic. We urge you to provide that information now, both to Congress and, through the media, to the public. …


There is a growing network of support for whistleblowers. In particular, for anyone who wishes to know the legal implications of disclosures they may be contemplating, the ACLU stands ready to provide pro bono legal counsel, with lawyer-client privilege. The Project on Government Oversight (POGO) will offer advice on whistle blowing, dissemination and relations with the media.


Needless to say, any unauthorized disclosure that exposes your superiors to embarrassment entails personal risk. Should you be identified as the source, the price could be considerable, including loss of career and possibly even prosecution. Some of us know from experience how difficult it is to countenance such costs. But continued silence brings an even more terrible cost, as our leaders persist in a disastrous course and young Americans come home in coffins or with missing limbs. …


We know how misplaced loyalty to bosses, agencies, and careers can obscure the higher allegiance all government officials owe the Constitution, the sovereign public, and the young men and women put in harm’s way. We urge you to act on those higher loyalties. … Truth telling is a patriotic and effective way to serve the nation. The time for speaking out is now.


SIGNATORIES


Appeal from the Truth-Telling Coalition


Edward Costello, Former Special Agent (Counterintelligence), Federal Bureau of Investigation


Sibel Edmonds, Former Language Specialist, Federal Bureau of Investigation


Daniel Ellsberg, Former official, U.S. Departments of Defense and State


John D. Heinberg, Former Economist, Employment and Training Administration, U.S. Department of Labor


Larry C. Johnson, Former Deputy Director for Anti-Terrorism Assistance, Transportation Security, and Special Operations, Department of State, Office of the Coordinator for Counter Terrorism


Lt. Col Karen Kwiatowski, USAF (ret.), who served in the Pentagon’s Office of Near East Planning


John Brady Kiesling, Former Political Counselor, U.S. Embassy, Athens, Department of State


David MacMichael, Former Senior Estimates Officer, National Intelligence Council, Central Intelligence Agency


Ray McGovern, Former Analyst, Central Intelligence Agency


Philip G. Vargas, Ph.D., J.D., Dir. Privacy & Confidentiality Study, Commission on Federal Paperwork (Author/Director: “The Vargas Report on Government Secrecy” — CENSORED)


Ann Wright, Retired U.S. Army Reserve Colonel and U.S. Foreign Service Officer


Ray McGovern works for Tell the Word, a publishing arm of the ecumenical Church of the Saviour in inner-city Washington. An intelligence analyst for almost 30 years, he is co-founder of Veteran Intelligence Professionals for Sanity and coordinator of Sam Adams Associates for Integrity in Intelligence.


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