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View Diary: HBGary, Themis, bloggers, and traditional media: What a tangled Web (100 comments)

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  •  US banks are handed billions of dollars (11+ / 0-)

    of free money as a bailout. If our media cant/wont cover the raping of our treasury in broad daylight, then how the hell will the media be able to cover this story?

    We were told repeatedly that the banking story was just too difficult to understand.

    This story does not fit the narrative spun by the media nor does it fit the structure of tv reporting.

    Thats unfortunate, bc when I found reporting lacking on the banking story, I did what any reasonable person would do. I bought several books about the massive failures that preceeded and followed the bailouts.

    Im hoping someday I can read more about the HBGary thingy. Its still a little fuzzy for me, but getting clearer by the day.

    Thx for the diary!

    No home. No job. No peace. No rest.

    by A Runner on Tue Feb 15, 2011 at 07:43:35 AM PST

    •  Try Treasure Islands by Shaxson. (2+ / 0-)
      Recommended by:
      sc kitty, A Runner

      The offshore financial industry is where the real core of secrecy lies and that is what is really being protected. Wikileaks, any of the new orgs like OpenSecrets, these are the direct enemies and the greatest threat ever of offshore financial industry.

      Where is the center of that in the US? Delaware. New York is where there is some amount of transparency (and an incredible amount of inaction vs. financial crime). But Delaware is the home of the corporations and has virtually no transparency. So when Joe Biden makes his statement about Assange, he is covering the home front, the corporate haven where the deals are made in secrecy equal to if not greater than our national security secrecy.

      Check the diary The Men Who Stole the World by heathlander and the site Shaxon works with.

      About a third of that hidden economy is drug funds, another third or so is squeezings from developing economies and the rest is hiding taxable money from a multitude of sources and schemes. Delaware is just one site across the world. This is old, clothed and protected in modern fashion.

      This is the hole in daddy's arm where all the money goes; this is the massive theft of the world. This is why, in their view, Julian Assange and Wikileaks must be stopped because they have the capacity to take it all down.

      The truth is we are tortured by the truth.

      by walkshills on Tue Feb 15, 2011 at 08:29:28 AM PST

      [ Parent ]

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