When the facts change, I change my mind. What do you do? -- John Maynard Keynes
Showing posts with label Greed. Show all posts
Showing posts with label Greed. Show all posts

Thursday, December 11, 2014

CIA: dysfunction, disorganization, incompetence, greed, deception

Nobody prosecuted, nobody lost their job--Bush and Obama--pathetic!

Report Portrays a Broken C.I.A. Devoted to a Failed Approach - NYTimes.com: "...The bitter infighting in the C.I.A. interrogation program was only one symptom of the dysfunction, disorganization, incompetence, greed and deception described in a summary of the Senate Intelligence Committee’s report. In more than 500 pages, the summary, released on Tuesday, paints a devastating picture of an agency that was ill equipped to take on the task of questioning Al Qaeda suspects, bungled the job and then misrepresented the results..." (read more at the link above)

and (via politico.com):

New York Times A1, at fold, "Obama Faulted For Supporting Besieged C.I.A.," by Peter Baker: "Obama's attempt to find a balance on a polarizing issue inherited from his predecessor was seen by ... critics as a failure to hold the agency accountable." http://nyti.ms/1wgfdOs

ANDREW SULLIVAN, "How Obama Backed Impunity For War Crimes": "[T]o refuse to prosecute war crimes is to condone war crimes." http://bit.ly/1wBuUC0



Saturday, December 7, 2013

ICANN, like NSA, a self-serving bureaucracy killing the internet

All of the hopes, dreams, and promise of the internet, dashed by the NSA and ICANN et al:

ICANN leaders push for broad-based Internet governance | PCWorld: "The revelations this year of NSA surveillance by former contractor Edward Snowden have stirred up Internet governance issues, ChehadĂ© said. “That’s, frankly, almost irrelevant at this point,” he said. “What is more important is to focus ... on a future that allows all people—governments, businesses, civil society, technical organizations—to feel that they together have an equal footing in the governance of the Internet. That’s the future.”

Such grand words! Unfortunately, ICANN abandoned "serving in the public interest" and instead has adopted its own self-serving mission of greed -- read more here.

And the NSA long ago went astray of its mission, and became an out-of-control self-serving bureaucracy, complete with secret rubber-stamp FISA court, in the absence of any real overight or Presidential direction, all in the name of "national security." The legacy of the Bush-Obama era is that the NSA and the other self-serving bureaucracies, DHS, TSA, et al, have made "national security" a suspect phrase. No thinking American today believes anything that the NSA or these other acronyms say, as they have been shown to lie consistently to the American people, including under oath to Congress, and as a result, they are not trustworthy. And they have almost nothing to show for all of the billions of dollars wasted on their grand schemes of "keeping America safe." Puh-leeze, get off the security theatre and BS! And stop lying to the American people!

So how does a low-level government contract worker walk off with all of the NSA top-secret classified documents? That's not hard to do when the government agency, in this case the NSA, is an arrogant, fat, lazy, inept, self-serving bureaucracy, accountable to no one except the small-minds who run the NSA. And to think that the NSA had Congress and the public believing they were doing a good job and were good stewards of the billions in tax dollars wasted on their grand schemes of spying on Americans and the rest of the world! That is, until Mr. Snowden exposed all of their secrets to the world. One man did what the FISA court, Congress, and the President all failed to do -- hold the NSA accountable.

    

Tuesday, September 24, 2013

Restricted Stock, Stock Options, Greed

Stock Option, Restricted Stock -- corporate management looking out for management, not shareholders --

How BlackBerry Handled Past Wealth - NYTimes.com: "Restricted stock grants, on the other hand, have less upside. They also have a continuing downside, because an executive holding such shares will stand to lose money as the stock price declines, even if it is already worth less than when it was issued. Some argue that does a better job of aligning executive interests with those of shareholders. In practice, companies tend to prefer options when they think the share price will rise, and restricted stock when they are not so confident. That is the way it worked at BlackBerry. The last large option grants to senior executives were made in October 2007. A year later, the stock price had peaked — at $148 in June 2008 — and was down to about $70. No options were granted. Instead, restricted stock units were issued."

    

The Big Picture

Financial Crisis - The Telegraph

JohnTheCrowd.com | The Sailing Website

Craig Newmark - craigconnects