How bad has the military-industrial complex gotten? The arms industry donates tens of millions of dollars every election cycle, and the average taxpayer spends $1,087 per year on weapons contractors compared to just $270 for K-12 education.
The Military-Industrial Complex Has Never Been Worse
Stolen Valor: The U.S. Volunteers in Ukraine Who Lie, Waste and Bicker
Related:
U.S. Veteran Who Shared His Ukraine Experience Accused of Being Fraud
H/T: Judge Napolitano (Jack Posobiec didn’t give Gonzo Lira any credit).
Sarah Ashton-Cirillo (Newsweek) says that James Vasquez is a fraud, but Malcom Nance (NYT) says that he isn’t (aren’t they all?!). Newsweek also says that Vasquez deleted his Twitter account but, as of now, it’s still active.
While the courts are unlikely to deliver solace from political party propaganda disguised as journalism, they have provided some wisdom. Both Rachel Maddow and Tucker Carlson of MSNBC and Fox News Channel respectively, have been brought to court for spreading false information and were exonerated because the judges concluded that no reasonable person would believe either of them were telling the truth. That is good advice, and viewers would be wise to remember it every time they consider watching cable news.
Last Friday, California state regulators closed Silicon Valley Bank and the Federal Deposit Insurance Corporation (FDIC) became the receiver. Its stock price had lost over 80 percent of its market value over the prior year; $150 billion of its $175 billion in deposits were uninsured, either because they exceeded the $250,000 FDIC cap and/or they were foreign deposits. The bank was effectively operating as a Wall Street IPO pipeline in drag as a federally-insured bank. The Federal Home Loan Bank of San Francisco had quietly been bailing it out – to the tune of $15 billion. Oh – and by the way – its primary regulator was the Federal Reserve Bank of San Francisco. And while all of this hubris was occurring, the CEO of Silicon Valley Bank, Gregory Becker, was sitting on the Board of Directors of his regulator, the Federal Reserve Bank of San Francisco.
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Oh, and by the way, the Fed member banks in each of the 12 Federal Reserve Districts that can choose to be regulated by the Fed, literally own their regulator. That’s right, they own the stock in their regional Fed bank, which is a private institution, unlike the Federal Reserve in Washington, D.C. which is an “independent” federal agency. (See, for example, These Are the Banks that Own the New York Fed and Its Money Button.)
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Adding to the ongoing arrogance of the Fed, its Chairman, Jerome Powell, released a statement two minutes after the market closed yesterday, stating that “The events surrounding Silicon Valley Bank demand a thorough, transparent, and swift review…” So, once again, it’s decided to investigate itself. The Fed’s Vice Chairman for Supervision, Michael Barr, will oversee the investigation.
The Twitter Files are just the latest in 100 years of the government imposing its will through covert media and intimidation.
Feeling manipulated? How Uncle Sam perfected the information state
Patients and doctors expect drug regulators to provide an unbiased, rigorous assessment of investigational medicines before they hit the market. But do they have sufficient independence from the companies they are meant to regulate? Maryanne Demasi investigates
From FDA to MHRA: are drug regulators for hire?
The report focuses heavily on how the nuclear industry influences institutional output in its favor and works to censor its critics.
New study reveals rampant conflicts of interest at think tanks
Jeffrey Sachs Discusses The War in Ukraine, ‘Shock Therapy,’ and More
Perhaps the most stunning bit of information in the interview comes from Sachs’s disclosure of the reason for the failure of “Shock therapy” in Russia. “Shock therapy” is the name given to the abrupt transition from the Soviet-style command economy to a market-oriented economy. It was a success in Poland, but a failure in Russia where it led to a depression deeper and more costly than our own Great Depression. Why? Sachs was an advisor to Poland and then Russia for the “therapy.” So he had witnessed a “controlled experiment,” as he put it elsewhere. At a certain point it the process, financial help from the outside was needed to revive the economy on a new basis. It was provided to Poland; but when Sachs called for the same help in Russia, it was refused by the West, specifically by the White House. This happened despite Sachs’s direct pleas to the White House. The depression that followed was neither accidental nor a surprise. Far from it. This was the first time that the US attempted to “weaken” post-Cold War Russia, an attempt that was eventually reversed under Putin.
Related:
With the collapse of the Soviet Union, the United States Agency for International Development (USAID) funded a project by the HIID to help rebuild the Russian economy on the basis of western concepts of ethics, democracy and free markets. Jeffrey Sachs was said to have “packaged HIID as an AID consultant”. USAID were glad to accept help from Harvard, since they lacked expertise for such a project. The HIID oversaw and guided disbursement of $300 million of US aid to Russia with little oversight by USAID. HIID advisers worked closely with representatives from Russia, notably Anatoly Chubais and his associates. Once USAID accepted help from the HIID, HIID was in a position to recommend U.S. aid policies while being a recipient of that aid. It also put the HIID in a position of power overseeing some of their competitors. The project, which ran from 1992 to 1997, was headed by economist Andrei Shleifer and lawyer Jonathan Hay. HIID received $40.4 million in return for its activities in Russia, awarded without the normal competitive bidding approach.
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In the summer of 2005, the Bush administration confronted a fresh wave of criticism over Guantánamo Bay. The detention center had just been branded “the gulag of our times” by Amnesty International, there were new allegations of abuse from United Nations human rights experts and calls were mounting for its closure.
Behind TV Analysts, Pentagon’s Hidden Hand
Truthout has a recent article titled “The Left Can Support Protesters in China Without Shilling for US Imperialism” with a subtitle asserting that “Chinese workers and Uyghurs need solidarity from leftists worldwide,” and it at no point attempts to defend either one of those titular claims.
You’re Not Actually Helping When You “Support” Protesters In Empire-Targeted Nations
Truthout interviews Rebecca E Karl, for the above-linked article. She works for NGOs/non-profits affiliated with George Soros and John D. Rockefeller 3rd (Rockefeller Foundation). As for Naomi Klein, she was ‘compromised’ even before coronavirus as covered by Cory Morningstar. I can’t find anything on the Jacobin author, as his name (pseudonym?!) is the same as the deceased Iranian poet and journalist Khosrow Golsorkhi. The GrayZone covered Jacobin, previously.
Notes for self:
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Ms. Cat’s Chronicles 
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