GLOBAL POWER PROJECT, PART 4: BANKING ON INFLUENCE WITH JPMORGAN CHASE

By: Andrew Gavin Marshall

The following was originally posted at Occupy.com

In May, JPMorgan Chase was listed as the largest bank in the world with assets at roughly $4 trillion — some $1.53 trillion of it in derivatives. This was reported a month after the announcement that the bank had posted a record first-quarter profit of $6.5 billion.

Jamie Dimon, the bank’s CEO and Chairman, has faced a host of scandals in relation to his management of the megabank, including the loss of roughly $6 billion through the London branch of the bank — losses that Dimon was accused of hiding. A 300-page report by the U.S. Senate, investigating the “creative accounting” of JPMorgan, noted that the bank “hid losses, did not share information with its regulators, and misled the public” in what one banking regulator referred to as “make believe voodoo magic.” Stated bluntly in The New York Times, JPMorgan Chase, the largest derivatives dealer in the world, “is too big to regulate.”

In the midst of the scandal, the bank faced a potential “revolt” of its shareholders in a bid to strip Dimon of his dual role as CEO and Chairman. In confidential government reports which were leaked to The New York Times, the bank was accused of “manipulative schemes” which transformed “money-losing power plants into powerful profit centers” while executives made “false and misleading statements” under oath.

Yet even in the midst of scandal, Jamie Dimon was praised in a storm of support by billionaires, corporate kingpins and media barons. Calling JPMorgan Chase “as good a bank as there is,” New York City mayor and billionaire media baron Michael Bloomberg went on to call Dimon “a very smart, honest, great executive.” News Corporation chairman Rupert Murdoch praised Dimon as “one of the smartest, toughest guys around,” while Jack Welch, former chairman and CEO of General Electric, referred to him as a “great leader” and said he had earned the “right to hold both Chairman and CEO titles.” To top it off, billionaire investor and CEO of Berkshire Hathaway, Warren Buffet, dubbed Dimon “a fabulous banker.”

Global Power Project, Part 3: The Influence of Individuals and Family Dynasties

By: Andrew Gavin Marshall

The following is Part 3 of the Global Power Project, originally published at Occupy.com

The Global Power Project, an investigative series produced by Occupy.com, aims to identify and connect the worldwide institutions and individuals who comprise today’s global power oligarchy. In Part 2, which appeared last week, I discussed some of the dominant institutions that have facilitated and have in turn been supported by the development of this oligarchic class. In this third part, I examine the dynastic influence wielded by prominent corporate and financial families. This is not a study of wealth, but a study of power.

Dynastic power, embedded in the institution of “family,” has been with humanity for as long as empire: ancient Egypt, Greece, Rome, China, the European empires and beyond. With the rise of capitalism, finance and corporations, formal political dynasties became less relevant to the expansion and maintenance of power and empire. Instead, dynastic power was and remains largely wielded in the corporate and financial sectors.

Global Political Awakening: the Threat to the Global Elite and our Hope for the Future

Sabine Kurjo McNeill

Victims Unite

English: Network diagram showing interlocks between various U.S. corporations and institutions and the Council on Foreign Relations, in 2004 (Photo credit: Wikipedia)

It’s been a while since global strategist Zbigniew Brzesinski expressed his fear of ‘global political awakening‘ at a meeting of the Council of Foreign Relations:

• CFR Meeting- Zbigniew Brzezinski Fears Global Political Awakening

No matter where you go, politics is a matter of social engagement.

Mankind is now politically awake.

• Zbigniew Brzezinski Still Admits the Global Political Awakening Proving Very Difficult for the Global Elite

… history of colonialism and imperialism…

• and here an artist’s view.

Hence we are preparing a meeting in the House of Commons to “Mind the Gaps: between Online and Mainstream Media, Government and Public” – on Tuesday, Jan. 15th – as the Association of McKenzie Friends acting as ‘Public Interest Advocates’.

Seven panelists will present Seven Deadly Syndromes and Seven Media Cover-Ups for questions and answers by, hopefully, many Parliamentarians.

Please RSVP sabine AT 3d-metrics.com for further details, if you’d like to attend.

If you want to be part of the wake up call, please

• read these quotes compiled by the author of Global Political Awakening
• google for ‘global political awakening’
• search on YouTube for ‘global political awakening’
• and allow yourself to join the dots – between the core of the global elite: those whocreate money as debt and make money from money aka usury – and those who ‘make their living’ by selling their time or their products for money from thin air…

Ask yourself questions about this distraction, deception & distortion, beautifully exposed in the UK by The Slog. The author John Ward appeals to the blogosphere to be in opposition to all things Bollocks, as he concludes:

Distortion & deception are the objective, distraction is the catalyst.

Unique in the UK, judges in the secret family courts keep trying to get away with the appearance of lawfulness, while parents express their anger - also in The Guardian – over child snatching which is organised by the State – either for the sex urges of paedophiles, or for money or both…

It’s time to wake up. More and more. With deeper and deeper insights, processing one shock after another…

We can only hope that, together, we will make the difference that is required. One person at a time.

May the Spirit of Christmas help us along, us:

• as victims of white collar crimes 
• who have turned into starfighters to stand our ground
• who are helping each other as McKenzie Friends

and have

• been visiting this site over 180,000 times since its beginning in August 2010
• over 23,000 times in November 2012
• and produced 3,890 comments.

May our virtual community be as effective as necessary in real life!

Meanwhile, here are a number of e-petitions that you can sign about the subject:

• Establish a Royal Commission to Investigate Child Abuse in the UK
• Publish all the Records Related to the Paedophile Information Exchange Held in Official Archives
• Fraudulent Evidence used in Child Protection and Family Courts
• Return of the Children Taken away from good UK Families by the Secret Family Court System
• Prosecute the politicians responsible for the Secret Family Courts
• Investigate Child Sexual Abuse in the Family Court of Australia as part of the Royal Commission into Child Sexual Abuse

and here is a model abuse survivor describing what’s happening in US Family Courts: more of the same unfortunately…

Onwards and upwards – against all the odds!

Enjoy this article? Vote it up the 'Vine! You can support this information by voting on Reddit, AllVoices and Current. 

Related articles

• Brzezinski: “Populist Resistance” is Derailing the New World Order(21stcenturyscreenshots.wordpress.com)
• Are the Globalists Outmatched By Humanity’s Greatness? (sgtreport.com)
• #TAVN #TRPN #PaulJosephWatson – Brzezinski: “Populist Resistance” is Derailing the New World Order (troymburnettnews.com)
• Brzezinski’s Lament (adask.wordpress.com)

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Brzezinski’s Lament

Zbigniew Brzezinski
(photo credit:  Ted Lipien)

Adask's Law

Zbigniew Brzezinski is a Democrat who served as America’s 10^th National Security Advisor from A.D. 1977 through A.D. 1981 under the Jimmy Carter administration.

It strikes me as unusual, odd, even disturbing that Brzezinski became our National Security Advisor in A.D. 1977 since he’d already published his book Between Two Ages: America’s Role in the Technetronic Era in A.D. 1970.  Why?  Because in that book, he predicted and apparently advocated the control of populations by an elite political class via technetronic manipulation

According to Brzezinski,

“The technetronic era involves the gradual appearance of a more controlled society. Such a society would be dominated by an elite, unrestrained by traditional values. Soon it will be possible to assert almost continuous surveillance over every citizen and maintain up-to-date complete files containing even the most personal information about the citizen. These files will be subject to instantaneous retrieval by the authorities.”

“In the technetronic society the trend would seem to be towards the aggregation of the individual support of millions of uncoordinated citizens, easily within the reach of magnetic and attractive personalities exploiting the latest communications techniques to manipulate emotions and control reason.”

Council on Foreign Relations Meets with Google to Fight International Crime

Image source

Activist Post

Google will meet this Wednesday with the Council on Foreign Relations to discuss ways that they can use their dominant search engine to penetrate and disrupt international crime.

The intention of the meeting is to find ways Google can monitor the back doors of "international gangs of terrorists, drug dealers and human traffickers" in order to "break into" them.

Pomona College professor, Pardis Mahdavi, who works with Google said "We all know that bad guys use the Internet, but now we're saying the Internet can also help stop these criminals, and help survivors and advocates find each other and work together."

Banksters Move to Gut Aspects of Financial Reform Bill

Kurt Nimmo
Infowars.com
November 17, 2010

Now that the game of political musical chairs is over and Republicans will control the House next year, the banksters are busy at work whittling away at provisions contained in the financial regulation bill pushed through Congress earlier this year by the Democrats. As should be expected, the corporate media is mostly mum, although McClatchy ran with a story.

	Goldman and the bankers let Congress know who is in charge.

“Lobbyists for Big Finance are working hardest to neutralize the so-called Volcker Rule, which would force big banks to spin off their lucrative proprietary trading operations, in which they invest their own capital in speculative deals,” Kevin G. Hall writes for McClatchy Newspapers.

The measure is named after former Fed mob boss Paul Volcker. It prevents the banksters from betting against trades they made on behalf of their customers, a popular practice until the fuse was lit on the global economy beginning in 2008. Goldman Sachs sold customers overvalued mortgage bonds and then turned around and made secret bets those bonds would default.

Lobbyists are crawling all over the district of criminals like blood thirsty ticks on a swamp dog. They are working to “soften” requirements that Wall Street firms put more “skin in the game” by retaining more mortgage bonds on their books to guard against shoddy lending. They’re also trying to undercut the new Consumer Financial Protection Bureau, according to McClatchy.

Bailout watcher Elizabeth Warren said the Financial Protection Bureau is the strongest financial reform in Obama’s bill. However, considering the bureau’s proposed makeup, it is destined to rolled in like a Trojan horse. “The bureau will consolidate employees and responsibilities from a host of other regulatory bodies, including the Federal Reserve, the Federal Trade Commission, the Federal Deposit Insurance Corporation and even the Department of Housing and Urban Development,” the New York Times reported in September.

The Federal Reserve was established by private bankers — banks and associated businesses owned by the Rockfellers, J.P. Morgan, the Rothschilds, Lazard Freres, Schoellkopf, Kuhn-Loeb, the Warburgs, Lehman Brothers and Goldman Sachs — and exists solely to manipulate and control the nation’s money supply.

Goldman Sachs was a top Obama contributor along with Citigroup, JP Morgan Chase and Morgan Stanley. “Goldman’s connections to the White House and the Obama administration are raising eyebrows at a time when Washington and Wall Street are dueling over how to overhaul regulation of the financial world,” McClatchy reported in April. “Several former Goldman executives hold senior positions in the Obama administration, including Gary Gensler, the chairman of the Commodity Futures Trading Commission; Mark Patterson, a former Goldman lobbyist who is chief of staff to Treasury Secretary Timothy Geithner; and Robert Hormats, the undersecretary of state for economic, energy and agricultural affairs.”

From the very start, the Barry Obama administration was stacked like a crooked card deck withbankster insiders. Out of 14 top cabinet selections, 9 are affiliated with the Bilderberg group, 10 with the Council on Foreign Relations and 5 of are affiliated with the Trilateral Commission.

Now that the mid-term election is safely behind us, the elite plan to dump aspects of the so-called financial reform bill — like protecting consumers from loan sharks and shady investment hucksters — and continue their plan to slow motion implode the economy and take blindsided tax payers to the proverbial cleaners.

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False Dichotomy: Republican and Democrat

by Mark Daniels


The logical fallacy of false dilemma (also called false dichotomy, the either-or fallacy) involves a situation in which only two alternatives are considered, when in fact there are other options. Closely related are failing to consider a range of options and the tendency to think in extremes, called black-and-white thinking. Strictly speaking, the prefix "di" in "dilemma" means "two". When a list of more than two choices is offered, but there are other choices not mentioned, then the fallacy is called the fallacy of false choice, or the fallacy of exhaustive hypotheses. (From Wikipedia, the free encyclopedia)


A two-party system is a form of party system where two major political parties dominate voting in nearly all elections, at every level. As a result, all, or nearly all, elected offices end up being held by candidates endorsed by one of the two major parties (From Wikipedia, the free encyclopedia) In a two-party system, corruption abounds!


The Tyranny of the Two-Party System, Firing Line with William F. Buckley Jr. "Is There a Role for a Third Party?", Third Party Candidate, 


When are "We The People" going to realize that the false dichotomy presented to us in the form of Republicans and Democrats and propagated by the "Mainstream Media" is a deliberate attempt to control "free-thinking" and implement a preconceived secret agenda. 


Don't you ever wonder why you are left dazed and confused by the statements and policies of the Republicans and Democrats?  Why you agree with Democrats on some issues and Republicans on others?  Why is it difficult to sometimes know who to elect?  Do you wonder why the elected representatives seldom, if ever, do what they promised?  


Do you ask yourself why the "mainstream media" is currently promoting racial and ethnic division.  Of course, they will say "we are only reporting the news" or "we are reporting what people want to hear".  The truth is that they are selling ideas; they are attempting to control what you hear and what you think.  Mass mind control is not a new idea!


You may say "we do have a problem with racial discrimination, illegal immigration, and drug trafficking,don't we?"  Yes, we do.  We have had these problems for a long time;  of course, the crime on the border is most likely linked to the drug trafficking, not illegal immigration.  Of course, just laws should be enforced concerning immigration and drug trafficking. Unfortunately, this becomes difficult to do when agencies of the government are involved in the drug trade, etc.


What each of us must realize is that these are "hot button" issues which have been presented on a non-stop basis by the "mainstream media" leading up to mid-term elections in an attempt to convince Americans to vote for either the Republicans or Democrats seldom mentioning an Independent or Third Party candidate, unless they are attacking the candidate or presenting some idiot as the "only" other option.  Both of these parties are controlled by the Global Elites.  They are puppets.  Congress is essentially a fiction; a powerless entity void of leadership, values, ethics, and character.  


I pray that it is not too late for the American people to Wake Up to this reality!  What can we do?  Plenty!  We must begin by sending a strong message in the upcoming election, refusing to vote for either a Democrat or a Republican, except Ron Paul, of course.  


Most importantly, we must Educate ourselves and others about the real issues affecting us: a secretive criminal enterprise mostly controlled by the International Bankers and their  organizations such as the Council on Foreign Relations, the Trilateral Commission, the Bilderberg Group, the United Nations, the Federal Reserve, the International Monetary Fund, the World Bank, UNESCO, etc  have set out to destroy our national sovereignty while economically raping us.


Some of their organizations were secretive until recently (of course, I'm sure they have other secret groups), while others are front organizations which claim to represent noble aims, such as' ending poverty and bringing peace to the world.  Carefully examine what they have actually accomplished in these areas and you will quickly see through their lies.  We must educate ourselves about them and expose them to everyone. (You can start by doing some research right here on this site).  The information is available to anyone who does not want to keep their head in the sand!


Will you continue to attend the "False Dichotomy" theater productions or Are you ready to WAKE UP!


You too, can join the "Global Political Awakening"!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


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The Third Rail Movement

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The Financial Time Bomb of Longer Lives

Comment:  If the cost of maintaining aging populations could lead to World War II-era levels of government debt, a solution to the crisis will require a mass-scale collaborative response akin to the Manhattan Project or the space race, says Michael W. Hodin, who is an adjunct senior fellow at the Council on Foreign Relations and researches aging issues.  Keep in mind the fact that the Manhattan Project was highly secretive.  It is no surprise that the CFR is calling for elites to find a way to cull the populations threat to the economy.   Why don't they call for measures to cull the Central Bankers and their Washington puppets, the excessive defense spending, and the Wall Street Bailouts!  Instead, they want to find "solutions" to the problem posed by the aging population.  Sounds to me like more Eugenics planning and "Austerity" is in the works.  Maybe ObamaCare can help!

by Natasha Singer

FIRST the good news: We’re living longer, healthier lives than ever before.

We’re already so used to the idea of greater longevity, in fact, that it may seem ho-hum to learn that boys and girls born in 2008 in the United States have life expectancies of 75 and 81, respectively.

Those life spans, however, represent a bonus of about three decades, compared with Americans born in 1900, according to a report last year from the Census Bureau. And, by the way, Spain, Greece and Austria fared even better, proportionally: Life expectancies in those countries doubled over the course of the 20th century.

Now for the bad news: At this rate, we can’t afford to live so long.

And by “we,” I don’t just mean you, me and our often insufficient long-term-care insurance policies. I mean “we the people.” I mean the bureaucratic “we.”

For the first time in human history, people aged 65 and over are about to outnumber children under 5. In many countries, older people entitled to government-funded pensions, health services and long-term care will soon outnumber the work force whose taxes help finance those benefits. This demographic shift also means that the number of people living with dementia, whose treatment is estimated to cost $604 billion worldwide this year, is expected to more than triple, to 115 million, by 2050, according to a report this year by Alzheimer’s Disease International, a group representing 73 Alzheimer’s associations around the world.

No other force is as likely to shape the future of national economic health, public finances and national policies, according to a new analysis on global aging from Standard & Poor’s, as the “irreversible rate at which the population is growing older.”

How are the most developed countries handling preparations for the boom in the elderly population — and for the budget-busting expenditures that are sure to follow?

For a majority, not very well.

Unless governments enact sweeping changes to age-related public spending, sovereign debt could become unsustainable, rivaling levels seen during cataclysms like the Great Depression and World War II, according to the S.& P. report.

If the status quo continues, the report projects, the median government debt in the most advanced economies could soar to 329 percent of gross domestic product by 2050. By contrast, Britain’s debt represented only 252 percent of G.D.P. in 1946, in the aftermath of World War II, the report said.

So what is to be done?

For starters, governments should extend the retirement age, says Marko Mrsnik, the associate director of sovereign ratings in Europe for S.& P. and the lead author of the report. Another no-brainer, he says, is that governments should balance their budgets.

Alas, private citizens often don’t see the logic in curbing public benefits in order to maintain national solvency. Witness France last week, where more than one million people took to the streets to protest pension reform that would raise the minimum legal retirement age to 62 from 60.

Moreover, global aging experts say, measures like pension reform are inadequate, piecemeal responses to the giant demographic shift that is upon us.

If the cost of maintaining aging populations could lead to World War II-era levels of government debt, a solution to the crisis will require a mass-scale collaborative response akin to the Manhattan Project or the space race, says Michael W. Hodin, who is an adjunct senior fellow at the Council on Foreign Relations and researches aging issues.

Governments, industry and international agencies, he says, will have to work together to transform the very structure of society, by creating jobs and education programs for people in their 60s and 70s — the hypothetical new middle age — and by tackling diseases like Alzheimer’s whose likelihood increases as people age.

“What we need is a very fundamental and profound transformation that is proportionate to the social shifts that are upon us and that is truly innovative in the public arena, innovation that is driven by industry,” says Mr. Hodin.

Here’s one simple suggestion: Influential international organizations, government agencies, companies and academic institutions should take up aging as a cause, the way they have already done for the environment. Although the United Nations, for example, set eight “millennium development goals” — ensuring environmental sustainability, promoting gender equality, and so on — for 2015, the list did not include ensuring the sustainability and equality of aging populations.

“This is quite unacceptable that aging hasn’t been included in these goals,” says Baroness Greengross, a member of the House of Lords in Britain and chief executive of the International Longevity Centre U.Kin London.

Here’s another suggestion: Governments with national health programs or other state coverage could start curbing the growth in medical spending ahead of the looming elderquake.

If countries wait to act, says Peter S. Heller, a senior adjunct professor of economics at Johns Hopkins University, they will have to scramble reactively to cut their budgets in response to burgeoning older populations, the way Greece, Ireland and Spain have done recently. At the same time, he says, politicians must also start educating citizens to understand that greater longevity may entail personal sacrifices, like increased savings and a willingness to pay higher shares of their medical and long-term care costs.

But the carrot may be a better approach than the stick, says Laura L. Carstensen, a professor of psychology at Stanford and the director of the Stanford Center on Longevity. She describes her outfit as a multidisciplinary research center whose “modest aim is to change the course of human aging.”

Rather than uniformly extending the retirement age, she says, governments and the private sector could develop incentives that motivate older people to remain in the work force. Those incentives might include bonuses for people who work until they are 70, exempting employers from paying Social Security taxes for employees over retirement age, more flexible work schedules, telecommuting options, and sabbaticals for education and training.

“Maybe culture needs to change first,” says Professor Carstensen, “and policy will follow.”

FINALLY, some governments and companies may need attitude adjustments so they can view aging populations not as debt loads but as valuable wells of expertise.

“I rather dispute your calling it a problem,” said Lady Greengross when I called to ask her how governments could better handle global aging. “It’s a celebration.”

As one example of how to embrace aging populations, she cites an equality act, recently passed by British legislators, that prohibits discrimination against older people (among others) seeking goods and services like car rentals or mortgages. Separately, she says, Britain next year will eliminate its default retirement age of 65, allowing people to remain in the work force longer.

“In the long run, I’d like to see age irrelevance,” Lady Greengross says, “where people aren’t just labeled by their birthdays.”

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