Wednesday, September 16, 2009
I picked up an interesting woman from SFO yesterday who talked about how she worked for a highly successful company that spread rich investors' multimillion dollar deposits over a lot of different banks in order to claim the FDIC insurance at each. The limit at each bank is $100,000. I say interesting not because she was but because she was unguarded and even proud about it, although as I unraveled the story it became clear that this was another Bush era swindle and she knew it. In no time, she was commiserating with me about the criminality of the Reagan-Bush era and crying about her own run-in with usurious health insurance companies.

Her bosses were all big time ex-FDIC regulators, including the former head of the agency, who had launched the scheme and even patented it in 2002, right in the midst of the Bush crime wave. I discussed regulators who retired from government to enrich themselves in the private sector, based on their knowledge of loopholes, and asked why there was a cap on FDIC insurance to begin with. I suggested it was created to protect the middle class and not the rich at public expense. She said she hadn't thought of that and would have to do so...

The only reporting I've seen is the excellent Bloomberg story below.

It's amazing the things one learns in a cab.

http://www.bloomberg.com/apps/news?pid=20601103&sid=aBaYKQD_UPcE&refer=us
http://housingdoom.com/2008/09/25/loophole-from-hell-blowing-past-the-fdic-speed-limit-for-fun-profit/

Labels: , ,


Posted by BudCab at 11:47 AM | 0 comments
Thursday, July 24, 2008
To the New York Times Editor:

Trying Radovan Karadzic for war crimes is fine and important ("War Crimes Arrest Bolsters Other Courts," July 23), but media discussion of it has carefully avoided the elephant on the sofa: the war crimes of the Bush Administration. As much as Karadzic, they fully warrant prosecution for the calculated deaths — murders — of an estimated million Iraqis, the internal and external exile of another five million, and the utter destruction of that country. Add to that the ordering of torture and denial of habeas corpus against not just combatants but countless innocent bystanders. What they have done cannot be excused as a reasonable, if flawed, political policy. They persistently lied about their motives and information and charged ahead with their murderous scheme for purposes of stealing that country's oil, setting up a permanent military base and creating a free trade zone for friendly corporations. Their repudiation of our commitment to the International Criminal Court was specifically motivated by their knowledge of their own guilt. The new President and Congress should reinstate our place in that essential court and set in motion the trials of Bush and Cheney and their criminal cohorts.

Bud Hazelkorn


July 23, 2008

War Crimes Arrest Bolsters Other Courts
By DAVID ROHDE and MARC LACEY

The arrest of Radovan Karadzic on Monday gave badly needed credibility to international war crimes tribunals that have struggled for years to bring fugitives to justice, according to former prosecutors, legal experts and human rights groups.
Mr. Karadzic will be the third high-profile figure to be brought before a United Nations-backed tribunal on war crimes charges in the last six years, following in the footsteps of President Charles Taylor of Liberia and the Yugoslav president, Slobodan Milosevic.

But Mr. Karadzic, who remained free for nearly 13 years, made a mockery of the International Criminal Tribunal for the Former Yugoslavia, which in 1983 became the first such body established by the United Nations.

Although repeatedly seen in public when American and NATO forces entered Bosnia in 1996, he was not arrested, in part out of fear that seizing him could cause a violent backlash against NATO forces. Instead, the United States and the European Union tried to use economic and diplomatic pressure on Serbia to force his arrest. Until Monday, the policy appeared to be a failure.

“For international justice, this is a very good thing,” Richard Dicker, director of Human Rights Watch’s International Justice Program, said of the arrest, especially since Mr. Karadzic’s evasion of the court for so long had come to “personify impunity.”

Other war crimes tribunals established by the United Nations have also come under fire. The International Criminal Tribunal for Rwanda has been criticized as being hugely expensive, exceedingly slow and largely detached from the country itself. And the establishment of the International Criminal Court — a permanent tribunal intended to prosecute war crimes globally — was delayed for years by tortuous negotiations and fierce opposition from the Bush administration.

Luis Moreno Ocampo, the chief prosecutor for the International Criminal Court, called Mr. Karadzic’s arrest a “great achievement” and predicted it would aid his efforts to prosecute war crimes in Darfur, including his widely-debated genocide case against the country’s president, Omar Hassan al-Bashir of Sudan.

Other legal experts agreed that Mr. Karadzic’s arrest had the potential to significantly bolster the clout of the tribunals.
“When Karadzic was indicted back in 1995, nobody really expected he’d ever actually get arrested,” said Gary Bass, a professor of politics and international affairs at Princeton University and the author of “Stay the Hand of Vengeance: The Politics of War Crimes Tribunals.”

“It’s not clear how exactly Bashir could wind up in The Hague,” he added, “but the Karadzic example has got to make Bashir think hard.”

Officials from the war crimes tribunals have argued that the United States and its allies have lacked the political will to make arrests or use diplomatic and economic measures to bring fugitives to justice. Economic sanctions, indictments and travel restrictions can all place small but steady pressure on individuals accused of war crimes and on their patrons.

Critics of the tribunals’ track records argue that Mr. Karadzic’s arrest does not make up for more than a decade of inaction. The widely feared wartime leader was arrested while masquerading as a bearded practitioner of alternative medicine in Serbia. A man accused of overseeing the execution of 8,000 Bosnian Muslims in Srebrenica and the brutal siege of Sarajevo was giving lectures on new age medicine in local community centers.

The amount of time it took to pressure Serbia to arrest Mr. Karadzic shows how easy it is for states to defy and divide the international community. Similarly, Sudan has also flatly refused to turn over war crimes suspects.

For years, many of survivors of the 1995 massacres in Srebrenica — for which Mr. Karadzic was indicted on genocide charges — mocked the Yugoslavia tribunal as a toothless and expensive show put on by the international community.

“Three thousand persons in Bosnia still unaccounted for," said Hasan Nuhanovic, whose father, mother and brother were killed in Srebrenica. "The mortal remains of my mother and brother still not found.”

Richard Goldstone, a South African jurist who served as the Yugoslavia tribunal’s first chief prosecutor and indicted Mr. Karadzic in 1995, said it was critical that Serbian officials also arrest Mr. Karadzic’s co-defendant, Gen. Ratko Mladic, who remains free and is believed to be hiding in Serbia as well. “I just hope that Mladic is not that far behind,” he said.

Similarly, the international tribunal for Rwanda, created in 1995 in neighboring Tanzania, has secured the arrest of more than 70 people accused of high-level involvement in the mass killings of more than 800,000 Rwandans in 1994. Yet 13 accused kingpins have not been caught.

The bulk of the defendants have been politicians, but there has been an array of others: journalists who helped fuel the slaughter; businessmen who helped finance it; members of the clergy who participated in it and even a musician, Simon Bikindi, who is accused of singing songs and giving speeches that promoted hatred and violence against Tutsis.

But the tribunal’s work has been slowed to a snail’s pace by bureaucratic failings, the need for multiple translations and the shear complexity of the cases. In the tribunal’s four courtrooms, six trials involving 19 people are taking place, the court reported in its latest submission to the United Nations, and two more are scheduled to commence. Four more cases are preparing for trial.

The United Nations Security Council has urged the tribunal to end its trials this year and wind up all its work by 2010. But in May, the tribunal indicated in a report that those deadlines would likely slip.

The effort, however, remains profoundly important for Africa, tribunal officials say. Ending the tribunal’s work too early and not rounding up every last fugitive, they say, would destabilize a part of Africa where ethnic strife remains 14 years after the machetes and guns were laid down and Rwanda’s lush soil was stained with blood.

Despite the burdened pace, the tribunal has some notable accomplishments. It secured the first genocide conviction against a head of government: former Prime Minister Jean Kambanda, who was found to have led the homegrown campaign to exterminate ethnic Tutsis and moderate Hutus.

The tribunal also helped establish the legal precedent that rape, which was widespread during the Rwandan massacre, can be a form of genocide to destroy a group.

Copyright 2008 The New York Times Company
Privacy Policy Search Corrections RSS First Look Help Contact Us Work for Us Site Map

Labels: , , , ,


Posted by BudCab at 8:34 AM | 0 comments
Saturday, July 12, 2008
Article by Norman Solomon on Obama's detour, plus an interview with East Bay Congresswoman Barbara Lee about the Congressional progressive agenda. Lee interview is as interesting for what she doesn't say as for what she does. While her track record is exceptional -- she was the sole Congressperson to vote against the blank check resolution authorizing President Bush to use military force against anyone associated with terrorist attacks following 9/11* -- she refuses to publicly criticize, or even disagree with, the Democratic leadership, especially Speaker of the House and SF Representative Nancy Pelosi. When I met with Lee last year along with Brad Newsham ("Beach Impeach") and several members of Code Pink, Lee and her chief of staff got seriously winded when Brad and I asked why she hadn't publicly talked up impeachment (which bill she had actually co-sponsored) and had even refused to endorse an impeachment rally I was planning. Instead of honestly responding to the question, they instantly took umbrage that we should challenge her in any way, and sprang into attack mode. A surprising -- and ridiculous -- way to deal with constituents and activists.

http://www.truthout.org/article/obama-and-progressive-base

http://www.truthout.org/video/interview-with-rep-barbara-lee

My comment: This is a wonderful opportunity to bring news from political insiders in Washington to the people on the ground. Unfortunately, there is nothing new here. Congresswoman Lee, one of the staunchest progressive activists, is nonetheless unwilling to challenge her Democratic leadership, which has capitulated on funding the war, on refusing to raise impeachment, on domestic spying, and on and on. These failures have destroyed public trust in the Democratic Party, just as her candidate Obama is doing, even as we speak. Instead of softball interviews, Pitt should come better prepared with specific questions to challenge even our allies.

* Her explanation of that vote here is outstanding: http://www.daveyd.com/FullArticles/articleN887.asp

Labels: , ,


Posted by BudCab at 1:22 AM | 0 comments
Sunday, June 8, 2008
My contribution to Brad Newsham's (cf. Beach Impeach) organized mail-in for impeachment. Sixty people write letters to five major papers in five days. Today, the Washington Post:

To the Editors:

No Administration in American history has been as thoroughly and openly corrupt as this one, and yet Congress, to our eternal damnation, has refused to prosecute the responsibles.

The sheer number of Bush’s and Cheney’s crimes is benumbing. They launched an unprovoked, unprepared and illegal war that’s leveled a nation and killed, maimed and displaced millions of innocents. That’s a war crime. They didn’t just “sanction” the use of torture, they ordered it. That’s a war crime. They’re holding prisoners without charge or trial. That’s a war crime. Here at home, Bush bungled the government response to Hurricane Katrina, even as he swore help was on its way. That’s malfeasance. They’ve spied on American citizens without warrants or probable cause, in direct contravention of the Fourth Amendment. They’ve installed political commissars in every government department, destroying those offices’ very ability to function. Maybe the greatest crime of all is that with global warming coming at us like a locomotive, they’ve done all they could to make it worse. None of these misdeeds were mere political choices that didn't pan out. They were conscious abuses of power, and as such, impeachable offenses.

To not impeach casts us permanently adrift from the bedrock principles of our Constitution. Those principles, nurtured over centuries, will not magically reappear when Bush and Cheney leave. They’re gone!

It behooves your paper and all Americans to not let these criminals escape justice. Impeachment remains the sole – and self-evident – option.

Yours truly,
Bud Hazelkorn

Posted by BudCab at 8:02 AM | 0 comments
Wednesday, June 4, 2008
Please go to BUDCAB.COM for more information. Thanks!

Labels:


Posted by BudCab at 1:43 PM | 1 comments