Paul Craig Roberts
A lot of high-yield debt was packaged into collateralized loan obligations (CLOs), resembling the securities composed of mortgage loans during the housing bubble. Other debt went into mutual funds marketed to ordinary investors, not just the big boys. And energy-related junk bonds, the raw material inside these other derivatives and investments, “could be worth close to zero,” according to Gretchen Morgenson at the New York Times.
The problem is that nobody knows. The original design was to keep people from knowing.
Americans have a right to know what the government is doing on their behalf or in their name, except in exceptional circumstances. A functioning democracy requires the people to hold their government to account. Accountability, in turn, requires knowledge about government activities. It also requires access to information about what the government has done in the past, and how that worked or didn’t. A complex and cautious system can even harm national security, keeping information from people within and outside government who could help make sense of it.
But America’s classification system “keeps too many secrets, and keeps them too long.” That’s the conclusion of the Public Interest Declassification Board, a presidential task force, in a new report. Most of that classification, it notes, “occurs by rote.”
Too Many Secrets
By Marcello Rollando
Does it really matter who the next President is?
Not knowing about the politically imprisoned former Alabama Governor Don Siegelman or the private rich and powerful men's Bohemian Grove Club or what happened to the Electric Car and why, is not the problem. Not being interested enough to investigate, however, is a national life and death choice.
Knowledge is our only power, so let's not waste it by continuing to look for the root of our free society demise in ISIL, China's economy or Putin's Russia.
The secrets we seek are seamlessly interwoven in our national fabric, by the overseers: Robber Barons' attempted coup -- Truman NSA/CIA marriage -- Dulles brothers' Military Industrial Complex -- #41 empire Dallas hit on #35 dynasty -- Wolfowitz, Rumsfeld and Cheney new war order -- trumped voters succumbing to Cruz hypocrisy -- corporate pretend news media -- climate injustice -- environmental buffoonery.
Without questioning, is it enough to acknowledge the existence of political hacks, PACs and the Bilderberg Group? What really happened with: Prescott/FDR, George H. W./CIA, GWB/Social Security and Karl Rove/televised tearful White House farewell?
Aren't we just a little bit curious about how our Pentagon lost track of 8.5 Trillion Dollars? Could it be the Foggy Bottom of war? How much of our tax dollars are spent on Government Covert activities like, domestic spying offering up our personal and private information for Corporate bottom-lines?
If one President can transform an imprisoned island into a private prison, why can't another, most powerful man in the world, close Guantanamo? And whatever happened to our elders' $1.37 Trillion #43 Bush borrowed from Social Security to finance Iraq war while granting tax cuts to those who don't need Trickle-Down subsidies?
Should we wonder as we wander in tunnel vision maze, about Wall Street's secret government haze?
Isn't it beyond predictable that third in line slave owner, ultimately couldn't protect our Life, Liberty and the Pursuit of Happiness, without our declaring Democracy isn't a spectator sport. Was Jefferson's warning about unchecked power of corporations and banks, time sensitive? How about now?
How many know this open secret: the FED neocons want shutdown is not run by the federal government they want to shut down? From Silver Certificate to Federal Reserve Note, the U. S. Federal Reserve Bank is more private oil cartel than agency of, by and for the people.
Does BlackLivesMatter.com understand how Black Gold, white supremacists and selective media coverage tea stain America's rainbow? If not, it certainly knows protesting Corporatism's income centers does more to keep the Republic for which we stand, than camping, tent ensconced, in parks with laptops.
Why not focus our right of the people peaceably to assemble, and to petition the Government for a redress of grievances" in the lobbies and executive parking lots of Bank of America, Wells Fargo, JP Morgan Chase, Citi-Bank on Social Media of Exxon Knew, Philippines' nemesis Chevron, under-the-table double dealing Shell, Gulf destroyer BP -- and in the hallways of Congress.
While it still, actually matters, who the President is, do we really want to elect puppets of water supply poisoners, Methane Gas leakers, Coal Ash distributors, misanthropic climate deniers, bigots and those prone to incite violence against hyphenated Americans?
When I was a child, I always wanted to be Zorro and save damsels in distress, but when I became a man, I realized, not only is the pen mightier than the sword, it's stronger than oligarchy, more rational than Open Carry and more honorable than GOP Presidential candidates.
Whatever our politics, America will be the best it can be, to the degree all of We the People emulate Abraham Lincoln, Alice Paul, Emma Lazarus, The New Deal, John F. Kennedy, Rosa Parks, Bobby Kennedy, Dr. Martin Luther King Jr-- and if necessary, maybe even Manning and Snowden.
Questions? Start asking, seeking and knocking -- because there are too many secrets.
Like all false flag attacks and assassinations, the 1968 murder of Martin Luther King was covered up. In the King case James Earl Ray was the framed-up patsy, just as Oswald was in the case of President John F. Kennedy and Sirhan Sirhan was in the case of Robert Kennedy.
The King family, along with everyone who paid attention to the evidence, knew that they and the public were officially handed a cover-up. After years of effort, the King family managed to bring the evidence to light in a civil case. Confronted with the real evidence, it took the jury one hour to conclude that Martin Luther King was murdered by a conspiracy that included governmental agencies.
For more information see here.
Martin Luther King, like John F. Kennedy, was a victim of the paranoia of the Washington national security establishment. Kennedy rejected General Lyman Lemnitzer's Northwoods Project for regime change in Cuba, opposed the CIA's invasion plan for Cuba, nixed Lemnitzer's plans for conflict with the Soviet Union over the Cuban missile crisis, removed Lemnitzer as chairman of the Joint Chiefs of Staff, and negotiated behind the scenes with Khrushchev to tone down the Cold War.
Consequently, members of the military/security complex had it in for Kennedy and convinced themselves that Kennedy's softness toward communism made him a security threat to the United States. The Secret Service itself was drawn into the plot. The films of the assassination show that the protective Secret Service personnel were ordered away from the President's car just before the fatal shots.
King was only 39 years old and had established himself as a civil rights leader. The FBI convinced itself that King had communist connections and that the movement he led would develop into a national security threat. In those days, emphasis on civil rights implied criticism of America that many confused with communist propaganda. Criticizing America was what communists did, and here was a rising leader pointing out America's shortcomings and beginning to foment opposition to the war in Vietnam.
The conflation of justified criticism with treason is always with us. Not long ago Obama appointee Cass Sunstein advocated that the 9/11 truth movement be infiltrated and discredited before Americans could learn that they had been deceived into accepting wars and the loss of civil liberties. Before Janet Napolitano left her post as head of Homeland Security to become chancellor of the University of California, she said that the focus of Homeland Security had shifted from terrorists to "domestic extremists," which included war protesters, environmentalists, and government critics.
People who get in the way of these interests are not treated kindly. John F. Kennedy and Martin Luther King were murdered. Robert Kennedy was murdered, because he knew who the government operatives were who murdered his brother. Robert Kennedy was well on his way to becoming the next President and implementing his murdered brother's plan to "break the CIA into a thousand pieces." If Robert Kennedy had become president, elements of the national security state would have been indicted and convicted.
The Warren Commission understood that Oswald was a fall guy, but the commission also understood that at the height of the Cold War to tell the Americans the truth of the assassination would destroy the public's confidence in the national security state. The commission felt it had no alternative to a coverup.
Experts' dissatisfaction with the Warren Commission led to a second inquiry, this time by the Select Committee on Assassinations of the US House of Representatives. This report, released in 1979, 16 years after JFK's assassination, was also a coverup, but the Select Committee could not avoid acknowledging that there had been a conspiracy, more than one gunman, and that "the Warren Commission's and FBI's investigation into the possibility of a conspiracy was seriously flawed."
In 1997 the John F. Kennedy Assassination Records Review Board released the top secret Northwoods Project submitted to President Kennedy in 1962 by the Joint Chiefs of Staff. The Pentagon plan was to murder US citizens and to shoot down US airliners in order to blame Castro and create public support for an invasion that would bring regime change to Cuba. President Kennedy rejected the report, a decision that increased the doubts of the national security state that Kennedy had the strength and conviction to stand up against communism.
Washington's response to the government's murder of Martin Luther King was to create a national holiday in his name. Honoring the man that elements of the government had murdered was a clever way to bring the controversy to an end and dispose of troublesome questions.