When the facts change, I change my mind. What do you do? -- John Maynard Keynes

Tuesday, March 11, 2014

Fascism, Corporatism, US Government, Edward Snowden

Staking $1 Billion That Herbalife Will Fail, Then Lobbying to Bring It Down - NYTimes.com: "....Corporate money is forever finding new ways to influence government. But Mr. Ackman’s campaign to take this fight “to the end of the earth,” using every weapon in the arsenal that Washington offers in an attempt to bring ruin to one company, is a novel one, fusing the financial markets with the political system...."

"Fascism should more appropriately be called Corporatism because it is a merger of state and corporate power."
-- Benito Mussolini

Yesterday, speaking to SXSW, Edward Snowden noted that one of the most insidious practices of the NSA was its turning over billions of dollars of public taxpayer funds AND policy-making functions to third-party corporate contractors (Booz Allen et al) who have no oversight, are hardly disinterested parties, have multiple conflicts of interest, and have no reason to protect the public interest or US Constitution --

Edward Snowden speaks at SXSW, calls for public oversight of U.S. spy programs | WTVR.com: " . . . In response to a question, Snowden said he had no regrets about his decision to leak the NSA documents. “Would I do it again? Absolutely. Regardless of what happens to me, this is something we had a right to,” he said. “I took an oath to support and defend the Constitution. And I saw the Constitution was being violated on a massive scale,” he added, to applause from the 3,000 people in the auditorium at the Austin Convention Center . . . " 


The Big Picture

Financial Crisis - The Telegraph

JohnTheCrowd.com | The Sailing Website

Craig Newmark - craigconnects