Memory Hole Series. Retrieved from the Internet Shredder. No1 James Kidney SEC.
I have mentioned before and blogged about the usefulness of the Internet Archive Way Back machine
and its Lazarus qualities
"This sickness will not end in death. No, it is for God's glory so that God's Son may be glorified through it."
When old links to information that slides out of current web-sites and is, therefore harder to find and slips off search engines I have decided to re-blog instances in my own writing where this happens to reference links.
Many links on the Wikipedia article for Duncan Campbell do not work and much that is critical of the Establishment seems to go the way of this perhaps unintentional memory hole. I appoint myself as the Winston Smith Alter Ego, the Anti-Memory hole operative.
This first in the series is this link from Counterpunch which was in a dialogue I had with an American inside the beltway gentleman back in 2014.
You can still search within counterpunch and the article is still on their web site, of course, if links pointing back to it do not work how many people do the extra few clicks, that's an inertia marketing psychology trick. People mostly do not persevere.
The subject was money in politics, revolving doors and all of that.
Retiring White House Prosecutor Says the SEC Is Corrupt
The CEOs went into their traditional stance. “It’s almost impossible to set caps [to their bonuses]; it’s never worked, and you lose your best people,” said one. “We’re competing for talent on an international market,” said another. Obama cut them off.“Be careful how you make those statements, gentlemen. The public isn’t buying that,” he said. “My administration is the only thing between you and the pitchforks.”It was an attention grabber, no doubt, especially that carefully chosen last word.But then Obama’s flat tone turned to one of support, even sympathy. “You guys have an acute public relations problem that’s turning into a political problem,” he said. “And I want to help. But you need to show that you get that this is a crisis and that everyone has to make some sacrifices.” According to one of the participants, he then said, “I’m not out there to go after you. I’m protecting you. But if I’m going to shield you from public and congressional anger, you have to give me something to work with on these issues of compensation.”No suggestions were forthcoming from the bankers on what they might offer, and the president didn’t seem to be championing any specific proposals. He had none: neither Geithner nor Summers believed compensation controls had any merit.After a moment, the tension in the room seemed to lift: the bankers realized he was talking about voluntary limits on compensation until the storm of public anger passed. It would be for show.
“The Attorney General announced that the initiative resulted in 530 criminal defendants being charged, including 172 executives, in 285 criminal indictments or informations filed in federal courts throughout the United States during the previous 12 months. The Attorney General also announced that 110 federal civil cases were filed against over 150 defendants for losses totaling at least $37 million, and involving more than 15,000 victims. According to statements made at the press conference, these cases involved more than 73,000 homeowner victims and total losses estimated at more than $1 billion.“Shortly after this press conference, we requested documentation that supported the statistics presented. … Over the following months, we repeatedly asked the Department about its efforts to correct the statistics. … Specifically, the number of criminal defendants charged as part of the initiative was 107, not 530 as originally reported; and the total estimated losses associated with true Distressed Homeowners cases were $95 million, 91 percent less than the $1 billion reported at the October 2012 press conference. …“Despite being aware of the serious flaws in these statistics since at least November 2012, we found that the Department continued to cite them in mortgage fraud press releases. … According to DOJ officials, the data collected and publicly announced for an earlier FFETF mortgage fraud initiative – Operation Stolen Dreams – also may have contained similar errors.”