Month: November 2022

Sheila Bair, Former Chair of the FDIC, Is Now an “Organizer/Director” of a Cayman Islands Crypto Company that Got a U.S. National Bank Charter Last Year

Tina Marie (Ms. Cat)1 Comment

On November 17, Sheila Bair, the former Chair of the Federal Deposit Insurance Corporation (FDIC) during the financial crisis of 2008, went on CNBC to lament the lack of controls leading to the collapse of the crypto currency exchange, FTX. During the interview, Bair used the phrase “nobody looking behind the curtain.”

Sheila Bair, Former Chair of the FDIC, Is Now an “Organizer/Director” of a Cayman Islands Crypto Company that Got a U.S. National Bank Charter Last Year

Related (why no one was prosecuted for the financial crisis of 2007–2008 + another comment):

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Evidence Grows that Crypto and Federally-Insured Banks Are a Combustible Mixture

Tina Marie (Ms. Cat)

The fallout from the collapse of the crypto exchange FTX and its missing billions of dollars of customer funds has, finally, galvanized some members of Congress to push back against the swarms of crypto lobbyists whose activities are clearly impacting the safety and soundness of U.S. banks.

Evidence Grows that Crypto and Federally-Insured Banks Are a Combustible Mixture

Inside the Trilateral Commission: Power elites grapple with China’s rise

Tina Marie (Ms. Cat)

Inside the Trilateral Commission: Power elites grapple with China’s rise (original)

Each new candidate for Commission membership is carefully scrutinized before being allowed entry. As a rule, members who take up positions in their national governments — which is uncannily common — give up their Trilateral Commission membership while in public service. Those include U.S. Secretary of State Antony Blinken, Jake Sullivan, the U.S. national security adviser, Danish Prime Minister Mette Frederiksen and Indian External Affairs Minister Subrahmanyam Jaishankar.

This revolving door between the commission and senior government ranks has always been fodder for conspiracy theorists. Its first director in 1973, Zbigniew Brzezinski, later became U.S. President Jimmy Carter’s national security adviser. The very existence of the commission, meanwhile, seems predicated on the question of whether governing should be left to the people. It is a question the commission itself has tackled head-on since 1975: Is democracy functioning? Or does someone need to guide it?

That year, three scholars — Michel Crozier, Samuel Huntington and Joji Watanuki — wrote a report for The Trilateral Commission titled “The Crisis of Democracy.” In it, Huntington wrote that some of the problems of governance in the U.S. stem from an “excess of democracy.”

Related:

The Crisis of Democracy – Trilateral Commission – 1975

Chiang Kai-shek’s Great-Grandson’s Election Win Means Much To Taiwan’s Future

Tina Marie (Ms. Cat)

Chiang Kai-shek’s Great-Grandson’s Election Win Means Much To Taiwan’s Future

But there is much more to the win of the young (43) Chiang and his Chinese Nationalist (KMT) Party over the candidate of the ruling Democratic Progressive Party. Even before he has taken office at city hall, Chiang is being promoted as the next president of Taiwan when incumbent Tsai Ing-wen must by law step down in 2024.

…

Where most of the KMT embrace the “one nation, two systems” policy that opponents fear will lead to Taiwan being absorbed by China, young Chiang in January, 2020 denounced the policy and embraced the stance of President Tsai that China must recognize the independence of Taiwan and the values of freedom and democracy held dear by Taiwanese.

…

Chiang-Wan-an’s grandfather, Chiang Ching-kuo, served as Taiwan’s president from 1978 to 1988.* The lawmaker’s father John Chiang is a past vice premier and foreign minister of Taiwan.

*Related (Notes for Myself):

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The Emperor Elonicus

Tina Marie (Ms. Cat)

Everyone is going to hate this column. Musk worshipers are going to hate it because I’m going to blaspheme against Elon Musk. Musk demonizers are going to hate it because I am not going to blaspheme against him enough. Everyone else is going to hate it because they’re sick to the gills of hearing about Musk, and Musk’s destruction of Twitter, or his salvation of Twitter, and censorship, and “hate speech,” and all that stuff.

The Emperor Elonicus