Thursday, November 20, 2008

MCR writes:

CITIGROUP UPDATE -- DOW CLOSES BELOW 8000

It won't be long this time. I'd write more but I've been overwhelmed by your responses to my last long entry. That made me want to be sure that everything I put up was worthwhile. I don't want to turn this into my "dumping" ground. It's been a tough week for me. Part of that is that it's still very difficult to watch all this come undone and to be able to see so much of it coming. What was it, five or six weeks ago I told you to start watching Citigroup?... Citigoup stock fell 23% today.

I'll have comments on the cabinet when it's more filled out. You can rule out Robert Rubin for Treasury. He's on the board at Citigroup and that's going to be real messy and won't look good. Today's Dow drop told everyone that we are nowhere near close to a bottom yet and I'm narrowing in on an eventual capitulation maybe in the low 5,000s. But things are so volatile that a metaphoric zero is not out of the question. It is becoming very clear that government leaders around the world are pretty much out of their pay grade, so to speak. The good news from this is that some of them -- and those who work for them --are starting to look all around for options, information and solutions in all kinds of previously ignored places. It's a good thing. We don't know how good yet. We have to let them at least take office before passing judgment and I've been a little pissed at some who have.

As a side note, I really had to laugh my ass off at two of the reactions to my brief spiritual discourse. One said that I was not a Christian if I didn't accept Jesus Christ as the Son of God and the only path. etc. That has no connection to what I believe. Another comment called me a crazy apocalyptic Christian and said they were "out of here". Cheez!... Religion is for people who are afraid of going to Hell. Spirituality is for those who have already been there, thank you!

I give Citigroup two and a half weeks at most. It might well fall sooner and there will be no bailout. That would start a revolution I think. The automakers are screwed and, for the first time today, the news commentators started talking about Chapter 7 rather than Chapter 11. That is liquidation as opposed to restructuring. A Chapter 11 filing is based upon restructuring and an influx of new capital... Excuse me??? "New capital"??? If the government won't invest $25 billion does anyone think the private sector is going to risk a nickle on those behemoths when the financials are trying to hold on to every dollar they have? It was always going to be Chapter 7 liquidation. That was obvious to me. They may pass through Chapter 11 on the way, but there's no way the big three would ever emerge from "Debtor in Possession" status. To make a sick joke... The wheels really are coming off.

Gee, I guess it's OK if I feel a little messed up... Don't we all?

Sending all of you a cyber hug. Thanks for those amazing responses. And yes, after about 18 years I managed to hook up with my old, long-lost pal, Nik P. It was a Kodak moment. -- I'm going to go hug my dawg now.

You go read all the grizzly details about Citigroup and think of all those people who bought all those put options last weekend. There's going to be a big feast over this carcass.

"Step right up! We have it for sale NOW! The United States of America is open for bidding!"... I guess you could say that we sold our soul a while ago, and it feels like there's just a few trying to redeem it as the lights go out. Soon we might just get to emerge from the shadows a bit and we might discover that there are more of us than we think.

http://www.reuters.com/article/ousiv/idUSTRE4AI91420081119?sp=true

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JO writes:

The Daily Reckoning also anticipates the Dow going to 5000.

An interesting ratio to keep track of is the one between the value of the Dow and the price of an ounce of gold about which DR says:

In 1982, briefly, you could have bought every one of the stocks in the Dow index for a single ounce of gold. But by the time the stock market finished its epic rise, in January 2000, (while gold was doing an epic fall!) you would have needed 44 ounces of gold to buy the Dow. Now, that ratio has come down considerably. You only need about 13 ounces of gold to buy the Dow. And as stocks come down, the ratio is likely to fall below 5…and eventually back to 1 to 1 (at which time, remember, it will be time to sell gold and buy shares).

Obama Policies on Secrecy
Secrecy News hopes that the policies of the new administration will go further than suggested by the head of the transition team, John Podesta, in recent testimony to the Senate Judiciary Committee.

Podesta, who played an influential role in the development of Clinton administration classification policies, suggested a rollback of Bush's Executive Order 13292 and a reinstatement of "the provisions of [President Clinton's] Executive Order 12958 that establish a presumption against classification in cases of significant doubt."

But, writes Secrecy News,

[R]estoring a 'presumption against classification in cases of significant doubt' will not accomplish much since executive branch classification officers do not experience significant doubt....

A better starting point would be a systematic review of all of the thousands of agency classification guides, geared towards eliminating obsolete or unnecessary classification instructions. Classification guides are the secrecy system's "software." Revising and updating them would be likely to pay immediate dividends in reduced classification....

There is an old story of a Russian soldier who saved the life of the czar and was told that as a reward he could have anything he wanted. "Please change my commanding officer!" he begged.

In the coming weeks and months, it should be possible to do a lot better than that.

Obama Letters on Federal Agencies
I Wonder If Al Franken Still Is Dismissive Of Voter Election Fraud Now
by Mark Crispin Miller, author of Fooled Again: The Real Case for Electoral Reform
CNN Recognizes The End of Suburbia
Rank and File Spies for Obama
Though the election is history in more ways than one, the above article gives some indication of the forces that were at work during this election. Talk about broad support.

Wednesday, November 19, 2008

From an email sent by Le Metropole Cafe, newsletter for GATA:


Dear Friend of GATA and Gold:

Wachovia Securities this month alerted its brokers and clients that it no longer would purchase precious metals for brokerage accounts, only shares in precious metals exchange-traded funds. In an explanation given to its brokers, Wachovia said the precious metals markets "are illiquid with wide bid/ask spreads and minimal transparency......"

This implies that real metal is awfully hard to get these days, and maybe that some brokerages would prefer that their clients not get it.


CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

Tuesday, November 18, 2008

Green New Deal Makes Sense But Unlikely

HOLD ON TO YOUR GOLD

CONFIRMATION OF WHAT WE ALREADY KNEW

Right now, if you can get any pure gold and walk away with it for as much as $300 over the spot price I'd do it. This story all but screams that a monstrous breakout is on the way. And the economic news is all bad and seemingly in high gear.

http://www.resourceinvestor.com/pebble.asp?relid=47994
http://www.reuters.com/article/newsOne/idUSTRE49N5VU20081118?sp=true

-- MCR
***************************************************************************

On the gold front, the New York Post's John Crudele continues his one man media crusade (with the alliance of GATA) to uncover the machinations of the gold cartel.

The disconnect between the suppressed price of bullion and the shortage of products requires an acknowledgment of manipulation or a flight from reality, a suspension of one's knowledge of the laws of supply and demand.

Northwest Territorial Mint has added new phone lines to deal with the deluge of calls, in addition to lacing its over-the-phone contract as well as its website with new provisos such as the following:

The US Mint has again announced production delays and rationing (emphasis, the blog's) for silver American Eagles. We will continue to ship silver Eagles from our stock when they arrive from the US Mint, but in order to expedite delivery will need to ship dates of our choice. These orders may experience significant delays (about which your bullion sales representative will tell you), but you can be confident that all trades locked in will be shipped expeditiously as we receive supply of product from the US Mint. For those of you who wish to ensure a place in the queue, we will continue to lock in trades at our low premiums over spot.

Kitco offers similar cautionary statements.

Franklin Saunders' The Money-Changer seems the most flexible of the three although it is also elusive by phone.

--JO

Saturday, November 15, 2008

HUGE PUTS BEING PLACED ON CITIGROUP

Thank goodness y'all have read Rubicon. I don't need to 'splain nuthin.

http://online.barrons.com/article/SB122670685798329753.html?mod=9_0002_b_online_exclusives_weekend


UNDERSTANDING COLLAPSE

Consider the following two quotes from the attached story:

http://money.cnn.com/2008/11/14/autos/auto_failure_ripple_effect/index.htm?postversion=2008111412

"So far this year, 23 major auto-related companies, most of them parts suppliers, have filed for bankruptcy, according to consulting firm Grant Thornton. They are struggling since car makers have cut back as sales have slowed and raw-material prices have risen."

and,

"As supplier companies fail, that [a GM bankruptcy] would have a direct impact on Ford and Chrysler, since the three domestic automanufacturers share about 70% of their suppliers, Rodriguez estimated."

Now just think about those statements for a while. Let them rattle around. This is what happens when complex civilizations fail. I forget when I wrote it... Some of you wonderful, dedicated, FTW archivists will probably remember. But it's like walking into a room and turning on the light switch. Not only does the bulb burn out; but a leg falls off the coffee table and the cat dies -- all at the same time. The U.S. government should do NOTHING to help the Big Three. Let them go extinct. They ARE extinct. Dead men walking. But please do it quickly. Show mercy by at least making it decisive and quick. And it looks like that decision has been made and (yes, I'm actually writing this) it was the right one. No matter how steep the price, or how much pain is involved; GM, Ford and Chrysler can only become parasites that will soon outweigh the host and drag us all down deeper; before mankind is finally set free to swim for the surface and rebuild. None of the Big Three will ever see the new paradigm because they, like Robert Hirsch, are incapable of seeing it. To truly see it is to have some real hope for mankind and the evolution of our collective soul. (I love the band too.)

There is only one thing that is too big to fail. That is the United States of America. And it's time some real Americans grabbed a saddle and mounted up, not to fight for but just to express it.

I have not said much lately because there wasn't much to say. From what I see now, those who read this blog are some very sharp cookies. You make me feel so much less alone than I used to. Thank you.

Another thing I will comment on is Robert Hirsch's plea that Peak Oilists shut the fuck up because we might actually scare somebody. WTF???? We've been scared for years, haven't we? I met Hirsch in Sacramento at ASPO-USA. We talked. He ferdamnsure knew who I was and he asked twice for me to send him a draft of my book so that he could "look" at it. (Only about five people are going to see it outside of the publishing process. He's not going to be one of them. We're in some very "spicy" talks with several publishers. That's all I will say until there's something else to say.)

Robert Hirsch is a scientist, an engineer, and as rooted in his thinking as John McCain; no ability to see the inevitable -- to embrace it as we must. He must be near a breakdown and, frankly, I feel for him. I watched my father; a decorated Air Force aviator and former aerospace exec who dealt with USAF and CIA, come to understand that the CIA actually dealt and smuggled a lot of drugs -- and nearly killed his son. It only took him twenty-five years to "get" it. But what Robert Hirsch asked of us was absolute bullshit and we all know it. Pathos ad infinitum. It was as lame as the plea he made in Sacramento at the end of his speech that sounded like something out of a Ronald Reagan, WW II, rah-rah movie. It landed with a thud in the audience that might have registered on seismic scales and -- to be honest -- I felt for Hirsch then too. He knew that he was in a different movie from everyone else. He had seen... but he has not"seen".

Dontcha love the Saudis bragging about the IEA report somehow proving they aren't in decline? Sweet, Jesus, Mary and Joseph! We are so far through the looking glass that Alice just took a vicodin and a Valium, and the Mad Hatter leased a cardboard box on skid row.

BTW -- Don't get too sensitive about my comments about Christians (which I always categorize as Fundamentalist Right-Wing Christians). Those who know me well, know the extent of my spiritual studies. It is so amazing that real Christians have become so defensive; so demonstrative of the battered-wife syndrome. (I did a freelance piece for the L.A. Times on that in '85.) Jesus Christ was a prophet and a real-life demonstration of what can be unleashed of the God which lives in all men, women and children -- in everything. That is what Jesus taught. He taught how to find and release a kingdom that was within, all of us, in the here and now. That is also what Buddha taught. It is what the Tao teaches. It is what Mohammed taught and it can be found in the Upanishads and the Bhagavad Gita. It is also richly in the books of Isaiah, Psalms and John. The evil that Fundamentalist Right Wing Christians represent is that they (in an unbroken continuum) have taken the truth and the teachings of some really cool souls and used it for political purposes; for selfish ends. I can trace the pattern back to the Council of Nicea in about 315 AD. (I may be off on the year). "Virtue, the minute it recognizes itself as a virtue, becomes a vice." (Thank you Chuck C.) What that is, is the biggest part of man's soul that needs to be shed for evolution to occur. Whether we want to or not, we -- as a species --must surrender to something bigger than ourselves. Whether one calls it God or Peak Oil is utterly irrelevant.

I have prayed in churches, synagogues, mosques, ashrams, temples and also while going to the bathroom and making love. -- And do you know what? I found the same God, equally, in all places.

I need to ask the "loyalists" for an opinion. Lately, I have found myself writing as a means of dealing with all this crap. It's a departure from the two-million or so words I have written trying to be so factual and clear. It's helping me, but what I would like to know is, is it helping you too?

Why do I feel like an involuntary character in "Atlas Shrugged"?

MCR
*************************************************************************************

The Robert Hirsch comment to which Mike is referring is here:
http://www.truthmove.org/forum/topic/1323

I suggest that the peak oil community minimize its efforts to awaken the world to the near-term dangers of world oil supply. The motivation is simple: By minimizing our efforts in the near term, we may not add fuel to the economic fires that are already burning so fiercely...

Businesses and the markets are in what might be called a free fall. If the realization of peak oil along with its disastrous financial implications was added to the existing mix of troubles, the added trauma could be unthinkable.

He's right. It is unthinkable. We should know. We've been thinking it for the last several years.

Hirsch is a really nice guy. We've had occasional e-contact (as well as meeting in Sacramento) since he answered a few questions after his first report in '05. Such was the suppression of peak oil back then that the article based on that e-interview used to show up in third place when you googled "Robert Hirsch" and "peak oil."

But the suggestion that we should tiptoe around the subject for fear of frightening the horses smacks of the same patronizing attitude we saw after 9/11 when TPTB lied about the record-breaking levels of toxics and carcinogens downtown for fear of creating panic. As a result, untold thousands are sick and some are dying, all unnecessarily.

Thus History is also repeating itself with respect to the sacrifice of human lives on the altar of the economy.

What is this panic that everyone so afraid of?

Fear is the underrated emotion, the nerd of human behavior that has its day of vindication in the end.

"We have nothing to fear but fear itself," ring out the statesmen as they lead us (deftly, without going themselves,) into war. Perhaps it is they who are afraid of our fear. Perhaps that is why they are depriving us of it, at all costs.

If there's a fire, shall we keep mum for fear of creating panic? Or shall we point out the exits?

Ah, there's the rub. In the case of peak oil, no one knows where the exits are. Also, there aren't enough; they're far away and too small for everyone.

Still, who are we to decide that The Public is not mature enough to handle the reality that we realized years ago?

Particularly if the bad news comes coupled with some solutions, however meager - the way a doctor would present a grim diagnosis - it will be more palatable.

And there is something bracing and reassuring about knowing the truth, even when it's dire. You have the sense of ground beneath you, as opposed to tremulous uncertainty which is what the gyrating markets are reflecting now.

Corroborating Mike's first point, about letting the auto companies die, The Daily Reckoning presents cogent arguments for letting the chips fall etc; for acting as though we really had a free market system. What we have now is a perverse, heads-I-win-tails-you-lose socialism in which the market is free as long as Wall Street profits; interventionist when it doesn't, and only on its behalf.

But oi, the symbolism of letting GM fail. As GM goes, so goes etc.....

JO

Friday, November 14, 2008

CITIGROUP UPDATE -- Cue Theme Music from Jaws

Citi announces it's going to cut 35,000 more jobs

http://www.reuters.com/article/newsOne/idUSTRE4AD6SC20081114

--MCR
********************

Worst Is Yet To Come For Citigroup
Thomas Friedman's 11,000 Square Foot Home
...every inch of it, green. If you want to partake of some delicious malice at Friedman's expense, check out the eye-rolling newsletter Daily Reckoning managed by the producers of the film and authors of the best-selling book, I.O.U.S.A.

--JO

Tuesday, November 11, 2008

"THE GAS IS ON THE PAVEMENT"

Victoria H. commented "The gas is all over the pavement, now all that is needed is the spark."

I envy her eloquence.

Between the Bloomberg suit (which is being largely ignored by the ms), and the auto industry... AND the brilliant stuff that Peter N. found on tax breaks in the bailout, that was some of the best dialogue and thinking I have ever seen. I will try to offer a response equally as eloquent.

We are so F-CKED!

The tax breaks being given to banks, Wells Fargo being one of the largest, to keep them alive are taking maybe hundreds of billions in tax revenue right off the top next year. There goes our chance for infrastructure change in the face of Peak Oil. The Dems will do everything possible to save Detroit and that's what they have to do. There are no easy choices now and none will change the End Game. It'sanybody's guess as to how much each choice, right or wrong, will delay or accelerate it. The only game being played is "forestall the inevitable": the collapse of industrialized civilization. I really do believe and am sensing that it is starting to sink in, in some very important circles. Those of us who made FTW, Rubicon and this amazing blog have greatly facilitated that.

And in the midst of all this Bush/Cheney are playing their own end game.

Stop calculating the deficit, it's a spinning meter now. Stop calculating the national debt. Fuggedaboudit! There is only one thing to do when a debt becomes so large it can never be repaid: go bankrupt and liquidate. We saw the first signs when rumors surfaced (and were quickly quashed) that Hyundai, I think it was, was looking to buy parts of Chrysler, including the Jeep line. There again, is something we described for years as en route at FTW and in Rubicon...

Hooray! The map is accurate.

Oh shit! The map is accurate.

I wonder how long before rumors surface that Disney and Coke are having trouble. The American brand name is dead.

Look guys, this is it. It can't possibly be long now until j6p and the rest of us get our teeth kicked in. And man is he going to be pissed off. Those of us who prepared to whatever extent will have it much easier than almost everyone we meet. I am so grateful that so many of you have let me know in so many ways, that you got it. You changed your lives because of the work I and the FTW gang did. Now we must realize that we have a blessing and ask how we can use it to best serve the rest. Go watch "Schindler's List", identify, and then understand that we won't be able to help everybody. Forgive yourself and do it now. The tension is surely getting to all of us, as it should be. Don't try to deny it or pretend it isn't there. Embrace it and respect it. It is something that bonds us to our fellows. Give yourself room to act and respond differently and don't judge yourselves too much if you screw up. I know too many in our not-so-little movement and we all share common traits. I acted out recently and really wounded someone who was and remains very special. Amends were made and accepted but our paths parted way too soon. --I'm sorry LB.

We must keep the human part of this process involved in all of this for our own health. I don't think anyone could ask for a better support group than what we have in this blog and beyond.

Now I'm going to go pester my agent about selling a book which really needs to come out soon.

FWIW -- I believe that's in God's hands -- a God who looks after all religions and peoples.

MCR
***********************

JO writes:

From The Writing On The Wall Department
Russia Signals Depreciation of Ruble

The central bank faces the danger that, by signalling a devaluation may be on the cards, it may spark a run on the rouble. Russia's stock market on Tuesday fell more than 10 per cent, and trading was halted briefly.
The Two Faces of Money
Insider Crimes, Funny Money and Options Rackets
They Made a Killing: The Use of Knowledge of Covert Operations in the Stock Market

URGENT -- THE CRIME IS COMING UNRAVELLED

The following story is monumental and the days between now and January 20th are going to be non-stop action and, most likely, very bad news. The Treasury is refusing to disclose which institutions are getting taxpayer bailout money. Bloomberg has filed suit to find out. That speaks volumes for Bloomberg. Hank Paulson has completely violated his testimony before Congress when he sought approval of the package. Under oath he begged for the same transparency he himself is now refusing to provide. But bear in mind that most of the Treasury money that is being dispersed is NOT part of the congressional bailout package. There's more than two trillion in Treasury money forked over and the congressional bailout was only $750 billion. This has nothing to do with protecting asset prices or the industry. It has to do with obstructing justice and concealing evidence. If the mainstream media try to brush this over they will lose all credibility with Joe the Plumber and Joe Sixpack. The public will grasp this in a heartbeat. This is a crime being committed in broad daylight, in the middle of Main Street, in perfect weather.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aatlky_cH.tY&refer=worldwide

Now take it one step further and go back to FTW's last economic alert; the one I wrote and published 11 days before our computers were smashed in 2006. In our last-ever alert, I screamed that the collapse was planned, inevitable and imminent because President Bush had just authorized the SEC to exempt certain financial institutions from full and transparent reporting on grounds of national security. Huh?! -- I screamed that the bank vaults had just been opened and the green light given to pump, loot, and pump some more -- based on falsified earnings reports and asset descriptions -- then dump it out and shut the U.S. down, leaving us all broke. Paulson, of course, won't disclose what "assets" were purchased in any bailouts because then it would be discoverable that there are many more paper mortgages than there are actual properties. I would bet just about everything I have that the list of companies exempted from filing complete reports will match --almost perfectly -- the list of firms that are receiving Treasury bailout funds -- our money. The only thing standing between Bush/Cheney and the pokey is their own national-security classification power. That's it. Well there's real good case law about classifying to conceal crimes and the Bloomberg case is a sure-fire winner in the Supreme Court. Not only is the Constitution clear, any other ruling might well start an uprising. Bush/Cheney know this, so their plan -- however far it goes -- must be completed before this case could get to the Supremes.

Here again, is the link to FTW's June 2006 Economic Alert:
http://www.fromthewilderness.com/free/ww3/061406_abyss_awaits.shtml.

If I were still doing investigative reporting I'd be down at the courthouse getting a copy of the Bloomberg suit ASAP. The Reuters story even gives the case number at the bottom. It's a public document. There's a revolt already underway when Bloomberg files suit against TPTB and Reuters appears to be supporting the play. This is High Noon -- one of many to come in the next 60 days.

The Bush/Cheney regime still has that time in office and I may be risking my life to print this. But there will never be a better time and we are not alone. The whole world is watching and a great many influential people read us. Those in the mainstream and elected office who have benefited from our work for years have been silent for too long. I predicted all of this in agonizing detail starting years ago and they know it. You who have been so loyal for so long know it. The only thing that will help us all is to point to the crime and the evidence and scream as loudly as we can. The American people can grasp this in an instant. Bush's popularity is lower than for any president in history. The more people who see and understand this story, especially those in elected office and positions of influence, the safer we all are; the more of a chance we, and especially our children, have. Michael Bloomberg needs back up too. He's doing the right thing here. I need to ask all who are willing to start spreading this blog entry around to the most influential places and people you know. The bad guys are getting ready to leave town with our money, in a slow parade that we're going to pay for and give them. They are banking that we're going to be relieved enough to see them go that we'll let them leave in a motorcade and cheerily wave goodbye.

I pray we make it to the inauguration.The bad guys are following a plan that will run right up until the last second. I think the wheels are coming off it because this news won't sit well anywhere in this country and I smell that they have reached too far. It is far less expensive to prevent the money from leaving the bank than it is to get it back there once it's been stolen. This has got to be stopped. We muist know where that money is going (or went) before January 20th.

Does this remind anyone of the NEPDG? --- I wrote a lot about that too.

MCR

Monday, November 10, 2008

HERE'S AN EXAMPLE OF WHAT I'M TALKING ABOUT

This is the kind of pressure we can and should be exerting now. This was a savvy move. We do not know what effect it will have. We don't know how many others will pick up a ball like this and run with it. I wrote about Gorelick in Rubicon and I agree that her appointment as AG would be a very discouraging sign. So... let's test the waters and see if anyone is listening. This is called recon and I am happy to put my signature on this Open Letter as well.

Now, how do we make sure that Mr. Obama sees it?

MCR

From: Kyle Hence kylehence@earthlink.net

Date: November 10, 2008 8:35 AM :
Nov 10 To: undisclosed-recipients:;
Subject: OPEN LETTER to President-elect Obama: No to Jamie Gorelick as AG --
Gorelick Freed Known Terrorist & Protected Bush over Saudi Ties to 9/11


*Open Letter to President-elect Barack Obama Regarding Former 9/11 Commissioner Jamie Gorelick*

Dear President-elect:

Congratulations on your inspiring and momentous victory. Now the great burden and opportunity of leadership falls upon you and your team, including the responsibility of choosing someone ideally suited to lead the way to restore the rule of law and the Constitution in these United States.

A profile published today in The New York Times http://www.nytimes.com/2008/11/08/us/politics/08gorelick.html reports that your transition staff may be considering nominating former 9/11 Commission Jamie Gorelick to the post of Attorney-General. I am writing to urge you in the strongest possible terms not to do so. This recommendation from your transition team should they put her name forward must be rejected. She, along with the Commission's Executive Director, Philip Zelikow were the two most highly compromised of the 9/11 Commission members; their conflicts of interest should have disqualified them from being members of the Commission. In fact their records relative to 9/11 should have made them sworn witnesses in the investigation itself. Jamie Gorelick was not the right pick for the 9/11 Commission and she is not the right person to fill the position of Attorney General.

As Deputy AG Jamie Gorelick was instrumental in the extradition to Jordan of Mohammed Jamal Khalifa, a known terrorist where he was later freed (see below). Later she wrote the infamous "wall memo" which sought to make life difficult for FBI investigators probing past terrorist crimes from counter-intelligence agents seeking to prevent future attacks. Then as Commissioner she presided over an investigation that failed to answer over 70% of the questions posed bythe 9/11 Family Steering Committee http://www.justicefor911.org/Appendix4_FSCQuestionRatings_111904.php . [BTW, This record should also disqualify former 9/11 Commissioner Tim Roemer who some have said is being considered for Intelligence czar]. Then there is her work with the failed Fannie Mae which "she left just as it was coming under fire for huge accounting failures," as Eric Lightblau wrote this morning for NY Times.

On the basis of her record, as Deputy AG, as 9/11 Commissioner, and with Fannie Mae, Jamie Gorelick must be, in my view excluded from consideration for the position of Attorney General or any other high level position in your administration. No to Jamie Gorelick.

Sincerely,

Kyle F. Hence
http://www.911pressfortruth.com/
******************************************************************************

JO writes:

For more on Jamie Gorelick, see interview with Emmy-award winning author, Peter Lance.
And on her role in erecting a wall between FBI investigators and Al Qaeda operative, Ali Mohammed

Meanwhile, on the "Economy, Stupid," front:
The End of America (film)
No (Short-Term) Pain, No (Long-Term) Gain
Why Are Docs From the Bailout Being Redacted?

Science News, Good, Bad and Ugly but Clear

US Army Delays, Alters Medical Studies Under Little Known Scientific Censorship Program
GEOEye's New Satellite Program Offers Unprecedentedly Sharp Images