Kevin Hayden – TruthisTreason.net

“The environmental agenda has been infected by extremism—it’s become an economic suicide pact.”

While I enjoyed this video, I was wholly saddened by the fact that it, too, has a strong agenda and seems to have large pocketbooks behind it.  I noticed they didn’t mention US foreign policy ONCE, nor did they mention the damage that the Federal Reserve has done.  All in all, it’s a short video and worth watching, but as I always say, “Question Everything.”

Everyone has an agenda, and it is often times hard to see past the dazzling camera effects, feigned sincerity, and keyword emphasis, but keep your mind sharp and you’ll see through it every time.

...

Kevin Hayden – TruthisTreason.net

Source: CivSource

Utah is now accepting gold and silver as legal tender for transactions and to settle debts according to a bill recently signed into law by Governor Gary R. Herbert. Several other states have proposed similar measures in the wake of the monetary policies of the Federal Reserve and the decreasing value of paper money.

Utah’s law is notable because it is the first such bill to pass. Over 150 years ago, Congress passed the Legal Tender Act, which authorized the use of paper notes to pay bills, and while paper money still retains the value noted, interest rates governing bonds and other savings or investment vehicles are at historic lows and are expected to remain at those lows through at least 2014.

Gold and silver bullion however, are at historically high values and observers expect those values to remain high for some time. House Bill 157 will allow for gold and silver bullion to be used for transactions based on the weight of the amount of metal presented. That is a key distinction because it expands out the use of gold and silver beyond face value on limited runs of precious metal coins offered through the US Treasury....

Kevin Hayden – TruthisTreason.net

Source: CNN 2008 Presidential Election Debate

This video is taken from the Presidential debates back in 2008. Ron Paul knocks it out of the park with his explanation as to why we pay so much at the pump. It is not, as many people think, the responsibility of the President to “lower gas prices.” Why some people think the Commander-in-Chief could do anything, or has the authority to “change gas prices,” is absurd.

It is a fundamental economic issue that reveals around the Federal Reserve, which requires Congress to pass legislation to audit, expose, and end, if need be....

Kevin Hayden – TruthisTreason.net

Source: Olde Reb – Truth Contributor

Much has been written of the New World Order, the CFR, the Illuminati, the Trilateralists, the Bilderbergs, etc. If such organized bodies exist for a specific objective, as Carroll Quigley would have us believe, a profuse amount of money, such as via a printing press, would definitely be a useful tool to promote their agenda. Does such access to easy money exist, perhaps even hidden right in front of us? Let us reflect on the Federal Reserve and analyze their operation.

When the government wishes to spend money it does not have, it utilizes deficit spending. That means they “borrow” from the Federal Reserve. In practice, a Treasury security is given the Fed and the Fed makes a book entry in an account of the government for the amount of the security. Voila !!! The legislators spend the book entry money and builds roads and bridges, buys military products and funds military projects in their home state, returns a few pennies on the dollar to their constituents for social programs, and all their constituents applaud when their congress critters occasionally go home to press the flesh....

Kevin Hayden – TruthisTreason.net

Source: Media Roots and Alt-Market

As Americans come to grips with a severe financial hangover, the American economy will adapt to meet the peoples’ needs.  After 30 years of easy credit, subprime mortgages, zero interest loans and binge spending, the economy has imploded.  The wizards of Wall Street continue casting spells and weaving their magic, as the mainstream media rattles on about the wizards’ omnipotence like an rickety player piano.

Meanwhile, back in the world of reality, some Americans are beginning to realize the necessity of more contemporary ways of doing business.  As decreasing wages, increasing taxes, stifling regulations and a mortally wounded economy, are forcing people to do business a different way.  If current conditions continue, “black markets” will emerge, giving local economies an IV to keep them stable.

The global Black Market has already surpassed $1 trillion in sales.  The United States alone already accounts for more than $600 billion, almost three times the nearest competitor- China.  Americans, seeing that the economy for the “99%” still isn’t healthy, are doing an end around to oppressive, financial restraints imposed by the government and Wall Street.  When times become too financially difficult and unbearable in the face of financial repression (think Prohibition and the War on Drugs) black markets spring up like mushrooms after a morning dew.  The economic intrusions of a government gone haywire include repression of raw milk sales, tracking gold and silver purchases over $600, the IRS considering taxing barter exchanges and the FDA having jurisdiction over personal gardens.  Citizens are creating new economic systems that serve their own interests outside of corporate, centralized markets....

Kevin Hayden – TruthisTreason.net

Source: in part, Steve Watson

Texas Congressman and Presidential Candidate Ron Paul questioned Ben Bernanke, the Chairman of the Federal Reserve, on Capitol Hill yesterday.

Dr. Paul pulled out a silver eagle, explaining that it has retained its real worth and that hard assets should be used as currency as outlined in the Constitution.

Telling Bernanke that in 2006, when he took over at the Fed, an ounce of silver bought about 4 gallons of gas, where as today it will buy 11 gallons. “That’s preservation of value,” said Paul.

Begin watching at the 0:58 mark for the action.

Paul called for a competing currency to the dollar, stating that the laws should be changed to allow precious metals to settle contract disputes and other legal obligations.

Bernanke addressed Paul by jokingly saying “good to see you again, Congressman”, before somewhat derisively saying he would be happy to consider the Congressman’s ideas and help him work out what currencies to hold.

Paul hit back by saying the government goes after those who attempt to use gold and silver as alternatives to depreciating Federal Reserve notes as if they are criminals, telling Bernanke “the record of what you’ve done is destroy the currency,”...

Kevin Hayden – TruthisTreason.net

Source: MSNBC

Italian police said on Friday they had seized about $6 trillion of fake U.S. Treasury bonds in Switzerland, and issued arrest warrants for eight people accused of international fraud and other financial crimes.

Hayden’s Note:

Stop for a minute and just think about what $6 trillion worth of Treasury bonds could do to our Dollar.  And if this was recently “caught,” think about how many forged Treasury Bonds have gone unnoticed?  How long has this been going on?  Who’s directing them?  If these were dumped onto the market, even in a slow, steady trickle, it would kill the US Dollar in short order. 

Hayden’s Note II:

I am doing a lot more research into this tonight and will be providing an update tomorrow on this topic.  This is a deep, deep rabbit hole.  These bonds might have been genuine.

The operation, co-ordinated by prosecutors from the southern Italian city of Potenza, was carried out by Italian and Swiss authorities after a year-long investigation, an Italian police source said.

The fake securities, more than a third of U.S....

Kevin Hayden – TruthisTreason.net

Source: Michael Snyder, Economic Collapse Blog - Truth Contributor

Any financial system that is based on debt is doomed to fail.  Today, we are living in the greatest debt bubble that the world has ever seen, and if all of a sudden people could not use credit to buy things, our economy would immediately grind to a halt.  Unfortunately, no debt bubble can last forever.

Hayden’s Note:

Unfortunately?  I’m rather pleased about the fact that we might…just might… be able to allow this debt bubble to burst and start over.  I’m not a fan of over-entending credit.  I’m not a fan of the Federal Reserve.  And I’m certainly not a fan of the insanity that we call modern banking practices.  Let it come crashing down.

When this current debt bubble finally bursts, faith in the financial system is going to disappear, credit is going to freeze up and there is going to be a massive wave of bank failures.  Right now, Greece is a warning sign for the world.  Nobody wants to lend money to Greece, the Greek banking system is dying, one out of every four businesses has already shut down, unemployment is soaring and the Greek economy has now been in recession for five years in a row....

Kevin Hayden – TruthisTreason.net

Source: Future Money Trends

John Williams of Shadow Stats says, “This is end of the world type stuff.”  He recommends stocking up on barter items and getting out of the US dollar. I’ve been saying this same thing for two and a half years. Read some of my other articles regarding investing in tangibles!

...

Kevin Hayden – TruthisTreason.net

I’m a bit late on Friday Headlines, so we’ll just call these the Better Late Than Never Headlines, eh?

The Fed Has Purchased 91% Of All Gross Issuance In Long-Dated US Treasurys

Silver and the Shift to Measuring Wealth in Ounces Instead of Dollars

Homeland Security Lexicon: You’re All ‘Militia Extremists’ Now

Bill Gates Backs Climate Scientists Lobbying for Large-Scale Geo-engineering

Victims of toxic FEMA trailers cannot sue government, rules Big Brother federal judge

How to Create a Diet & Detox Cancer Plan – NaturalNews.tv

Signs of the Times: What are the SHTF Tipping Points?

Interesting site: Global Village Construction Set is still expanding their project: Open Source Ecology

400 Chernobyls: Solar Flares, EMP, and Nuclear Armageddon, by Matthew Stein, P.E.

Cops and Docs and Medical Marijuana

Major Obama Donors Are Tied to Pepe Cardona, Mexican Fugitive

 ...

Kevin Hayden – TruthisTreason.net

Source: Truth is Treason.TV

We explore some of the benefits of alternative currencies and bartering, with a focus on the Liberty Dollar.

I’m currently on a work assignment in Texas, so I made this short video in my hotel room. You’ll have to pardon the voice-overs and backdrop....

Kevin Hayden – TruthisTreason.net

Source: The American Dream

Wouldn’t it be great if a Republican presidential candidate could just buy the support of just about every major conservative talk show host in America?  Well, it may not be as far-fetched as you may think.

Hayden’s Note:

This is a very important article to read, especially towards the end. Look at the campaign contributions, the media influence, and how easily Mitt has purchased his popularity.  Staggering.  I truly thought he would be running on the Democratic ticket!

Clear Channel owns more radio stations (850) than anyone else in the United States.  They also own Premiere Radio Networks, the company that syndicates the radio shows of Rush Limbaugh, Sean Hannity, and Glenn Beck, among others.  Needless to say, Clear Channel basically owns conservative talk radio in the United States.  So who owns Clear Channel?  Well, it turns out that Bain Capital is one of the primary owners of Clear Channel.  Yes, you read that correctly.  The company that Mitt Romney ran for so long is one of the “big bosses” over virtually all conservative talk radio in America....

Kevin Hayden – TruthisTreason.net

A satirical short film taking a look at the national debt and how it applies to just one family. Starring Brian Stepanek & Eddie Jemison, Produced by Seth William Meier, DP/Edited by Craig Evans, 1st AC Brian Andrews, Sound Mixer Gus Salazar, Written and Directed by Brian Stepanek....

Kevin Hayden – TruthisTreason.net

This is a part of a speech made by Peter Schiff, entitled “Why the Meltdown Should Have Surprised No One” at the Ludwig von Mises Institute in 2009.

Peter Schiff is widely credited for having predicted the housing collapse and economic downturn in advance.  He is an investment broker, author and financial commentator. Schiff is CEO and chief global strategist of Euro Pacific Capital Inc. and CEO of Euro Pacific Precious Metals, LLC, a gold and silver dealer based in New York City.

I highly recommend this insightful, easy-to-understand, and at times, humorous animation.  Created by DSBac.

...

Kevin Hayden – TruthisTreason.net

The Leading Cause of Breast Cancer: Medical Radiation
But keep getting those scans, the New York Times reminds you.

Department of Homeland Security Using Fake Facebook and Twitter Accounts to Monitor Posts Containing Certain Keywords
Words such as collapse, virus, human to animal, zombies, and more will get the Suits’ attention.

TEPCO says it ‘no longer owns’ Fukushima fallout
Tokyo Electric Power Company claims that it no longer owns the radioactive isotopes that spewed out of its Fukushima Daiichi nuclear plant in March.

Americans Shoplifted $1.8 Billion Worth of Stuff This Christmas

Kelly Clarkson, ‘AMERICAN IDOL’ winner endorses Ron Paul

US Dollar Domination – Just Another Footnote In History

A Run On The Global Banking System – How Close Are We?

Mexico’s cartels build own national radio system

Bernanke is a Domestic Terrorist
According to US Justice Department logic, says Simon Black....

Kevin Hayden – TruthisTreason.net

Source: Activist Post - Hayden’s Note at end

While on vacation in Hawaii (again?), Obama tapped Jerome Powell to serve on the Federal Reserve Board of Governors.

Powel served as the undersecretary for finance under President George H. W. Bush and was a partner of The Carlyle Group.  The Carlyle Group is a massive private equity firm and one of the largest defense contractors in the world.

They’re made up of some of the most influential policymakers over the last five administrations including both Bush presidents, former Secretary of State James Baker III, former Secretary of Defense Frank Carlucci, former Clinton Chief of Staff Mack McLarty, and former SEC Chairman Arthur Levitt to name a few.

Hayden’s Note:

Frank Carlucci, former Sec. of Defense, was also on the Board of Directors for Westinghouse and CBS, where he controlled a massive source of media, nuclear power plants, electric companies, and can sway public opinion.  Now he’s a top dog at the Federal Reserve.  Wonderful.  Here’s a brief rundown of CBS, from my article, Breakdown of Where Your News Comes From:

WESTINGHOUSE / CBS INC....

Kevin Hayden – TruthisTreason.net

Dec. 24th, 1914 – Belgium

In the end, we have more in common with the furthest flung foreign common man than the closest corporate-fascists that presume dominion over our lives. If only the British & Germans realized it was the greed of their own banking houses that had them in the trenches and not some irreconcilable difference amongst themselves.

...

Kevin Hayden – TruthisTreason.net

It’s official: Herman Cain has dropped out of the race for the Republican Presidential nomination.

Over the last few months, he has been dogged by allegations of extra-marital affairs, sexual harassment, and last but not least, the fact that he used to sit on the Board of the Federal Reserve!  All other jokes and punchlines aside, the fact that Herman Cain was a part of the banking cartel that had a vital part in the collapse of this country clearly shows he should have stepped down long ago. Instead, he touted his Pizza Tax Plan of 9.9.9 and publicly stated that he was a fan of Alan Greenspan’s monetary policy.

Hopefully, the few remaining Cain supporters will see the light and come over to the Ron Paul camp.  In fact, Cain mentioned that he’ll be offering his support for a candidate and it will not be Obama.  My guess?  Santorum or Mitt Romney.

I could hope that Cain frees himself from his puppet master’s shackles and supports Ron Paul and his economic policy.  That would be the only choice that he could make and still maintain some respect....

Kevin Hayden – TruthisTreason.net

Source: Zero Hedge

Credit Suisse bankers, like everyone else, know damn well that “no ECB intervention” means “no bonus,” and very likely “no job,” and so they go for broke and join Deutsche Bank, JPM, RBS, and everyone else (but, again, not Goldman), in predicting the end of Europe unless Draghi does his rightful duty and remembers that without banker support he will also be lining up at the jobless claims office very soon.

“We seem to have entered the last days of the euro as we currently know it. That doesn’t make a break-up very likely, but it does mean some extraordinary things will almost certainly need to happen – probably by mid-January – to prevent the progressive closure of all the euro zone sovereign bond markets, potentially accompanied by escalating runs on even the strongest banks.

Of course, being a Goldman boy, Draghi will only do what Lloyd tells him to. Either way, here is Credit Suisse’s rejoinder to the global Mutual Assured Destruction tragicomedy, which now makes Honk (as Lagarde calls him) Paulson’s overtures to Congress seem like amateur hour....

Kevin Hayden – TruthisTreason.net

Source: Economic Policy Journal by Robert Wenzel

Here they are - the Financial Stability Board has released a list of 29 banks that it considers global systemically important financial institutions (G-SIFISs) and thus, considered Too Big To Fail.

The initial list of G-SIFIS:

Belgium: Dexia
China: Bank of China
France: Banque Populaire, BNP Paribas, Crédit Agricole, Société Générale
Germany: Commerzbank, Deutsche Bank
Italy: Unicredit
Japan: Mitsubishi, Mizuho, Sumitomo Mitsui
Netherlands: ING
Spain: Santander
Sweden: Nordea
Switzerland: Credit Suisse, UBS
UK: Barclays, HSBC, Lloyds, Royal Bank of Scotland
US: Bank of America, Bank of New York Mellon, Citigroup, Goldman Sachs, JP Morgan, Morgan Stanley, State Street, Wells Fargo

Hayden’s Note:

It should be pointed out that most of the US “Too Big to Fails” are the major share holders of the Federal Reserve system and the foreign banks are the very ones that Ben Bernanke sent hundreds of billions of dollars to in the last major “bailout.”  The very bailout in which he refused to answer Congressional questions in regards to which foreign banks received American taxpayer money (but was later discovered in the partial audit co-sponsored by Ron Paul)....

Kevin Hayden – TruthisTreason.net

Source: Sovereign Man by Simon Black – Truth Contributor

Your Monies and Positions Are Not Safe

Denver based Barnhardt Capital Management is a futures brokerage firm that focuses on agriculture, round-the-clock broker access, and inexpensive commissions. At least, it used to be.

Barnhardt shuttered its operations yesterday after six-years in the business. The firm’s founder Ann Barnhardt posted the reasons online for the entire world to see:

“I could no longer tell my clients that their monies and positions were safe in the futures and options markets, because they are not. And this goes not just for my clients, but for every futures and options account in the United States. The entire system has been utterly destroyed by the MF Global collapse.”

Hayden’s Note:

This is an excellent article and I recommend that you read it in its entirety.  If you are unsure of what exactly it’s talking about, here are a few beginner articles that may help you understand derivatives and how dangerous they are to our financial existence.  Secondly, I would recommend that you read up on “fractional reserve banking.”
These are easy to understand once they are translated into layman’s terms, so don’t worry.  Once you grasp the concept, this article, and many more economic and financial pieces will begin to terrify you.  My aim is nor to fear-monger, but the magnitude of this is almost unfathomable and the last line of this article, that last quote, is absolutely true – and that goes for not only financial markets, but society....

Kevin Hayden – TruthisTreason.net

Source: Vigilant Citizen - Originally posted Dec 17, 2010

G.I. Joe is an iconic cartoon TV show that marked an entire generation of young boys during the 80s. Most fans still recall the main characters and the epic gun fights. But what about the storyline? A look at the TV series in today’s context is quite a strange experience: Many of Cobra’s “far-out” plots are actually happening today. Could G.I. Joe be a case of predictive programming? We will look at some G.I. Joe episodes describing the replacement of the US dollar and the usage of mind control on celebrities and civilians and see how they relate in today’s context.

As a guy who grew up in the 80s, I can personally attest that G.I. Joe was definitely on the menu in my after-school TV cartoon line-up. If you’re a younger reader, let me tell you this (at the risk of sounding like a grumpy uncle): G.I. Joe wasn’t your wimpy Dora the Explorer cartoon. It was a half-hour full of bad-ass characters face-kicking and laser-gun-shooting their way to victory....

Kevin Hayden – TruthisTreason.net

Mario Monti, who will lead the Italian government after Prime Minister Silvio Berlusconi resigned, has an interesting resume.  Let’s take a look at who will be in charge of Italy’s new economic direction and dealings with, among other things, the soon-to-be acquired Libyan oil.  Prior to the NATO invasion, Italy relied upon Libya for 85% of their oil.  I’m sure they’ll be getting a much better discount package nowadays, having taken part in the NATO operation to “liberate” the country and assassinate its leader.

• European Chairman for the Trilateral Commission, a Rockefellar think-tank.
• Prominent member of the secretive Bilderberg Group.
• International adviser to Goldman Sachs and Coca-Cola.

 ...

Kevin Hayden – TruthisTreason.net

Source: New American, Hayden’s Note near end

It remains unclear exactly why or how the Gadhafi regime went from “a model” and an “important ally” to the next target for regime change in a period of just a few years. But after claims of “genocide” as the justification for NATO intervention were disputed by experts, several other theories have been floated.

Oil, of course, has been mentioned frequently — Libya is Africa‘s largest oil producer. But one possible reason in particular for Gadhafi’s fall from grace has gained significant traction among analysts and segments of the non-Western media: central banking and the global monetary system.

According to more than a few observers, Gadhafi’s plan to quit selling Libyan oil in U.S. dollars — demanding payment instead in gold-backed “dinars” (a single African currency made from gold) — was the real cause. The regime, sitting on massive amounts of gold, estimated at close to 150 tons, was also pushing other African and Middle Eastern governments to follow suit.

Hayden’s Note:

Saddam did the same thing… Invaded and hanged....

Kevin Hayden – TruthisTreason.net

Source: CNBC

The Vatican called on Monday for the establishment of a “global public authority” and a “central world bank” to rule over financial institutions that have become outdated and often ineffective in dealing fairly with crises.

A major document from the Vatican’s Justice and Peace department should be music to the ears of the “Occupy Wall Street” demonstrators and similar movements around the world who have protested against the economic downturn.

The 18-page document, “Towards Reforming the International Financial and Monetary Systems ain the Context of a Global Public Authority,” was at times very specific, calling, for example, for taxation measures on financial transactions.

“The economic and financial crisis which the world is going through calls everyone, individuals and peoples, to examine in depth the principles and the cultural and moral values at the basis of social coexistence,” it said.

Read Full Article...

Kevin Hayden - TruthisTreason.net

John Perkins, author of Confessions of an Economic Hitman, narrates an animated short, briefly explaining how banking cartels such as the IMF turn sovereign countries into debt slaves, build corporation-nations, and enrich the rich.

Perkins, a former chief economist at Boston strategic-consulting firm Chas. T. Main, says he was an “economic hit man” for 10 years, helping U.S. intelligence agencies and multinationals cajole and blackmail foreign leaders into serving U.S. foreign policy and awarding lucrative contracts to American business. “Economic hit men (EHMs) are highly paid professionals who cheat countries around the globe out of trillions of dollars,” Perkins writes.

Confessions of an Economic Hit Man is an extraordinary and gripping tale of intrigue and dark machinations.

Perkins writes that his economic projections cooked the books Enron-style to convince foreign governments to accept billions of dollars of loans from the World Bank and other institutions to build dams, airports, electric grids, and other infrastructure he knew they couldn’t afford. The loans were given on condition that construction and engineering contracts went to U.S. companies. Often, the money would simply be transferred from one bank account in Washington, D.C., to another one in New York or San Francisco....

Kevin Hayden – TruthisTreason.net

Sometimes, I just don’t have the words to describe the utter nonsense I hear from some people.

This man seems to be a “leader” within his small Occupy group as I’ve seen him on NUMEROUS YouTube videos leading marches, chants, general assemblies, and more.  There are hundreds, if not thousands, who follow this blond-haired, pimple-faced Sociology major who espouses an incredible disdain for personal freedom and liberty.  Instead, he promotes a State-led, subserviant lifestyle “where the government injects cash into people’s bank accounts.”  What he forgets is that the Constitution clearly states that Congress shall have the power of the purse, not a private banking cartel who works on Wall Street; the very street he claims to be protesting!

“Freedom from want…,” as he describes it.  I call it a lazy Utopian fantasy.  Continued below…

But that’s just my opinion.  I’m sure Thomas Jefferson, George Washington, Andrew Jackson, Benjamin Franklin, and many more would agree with me.  Keynesian economics and quantitative easing has not, nor will it, help the economy....

Kevin Hayden – TruthisTreason.net

Source: Lew Rockwell by Justin T. P. Quinn

I couldn’t believe what I heard on Tuesday night’s Bloomberg Debate. Well, okay, I guess I could believe it, but let me qualify my recantation. There was always something about Cain that made him come off as a man who isn’t above deception. It probably has something to do with the fact that I don’t trust former Federal Reserve Chairmen. Still, I was surprised, not because because he lied, but what he lied about.

When they started the segment of the debate where each candidate could ask their own question, I knew that Paul was going to hammer Cain. However, I was hoping it was going to be on Herman Cain’s credibility on economic issues. Arguably, it would have been a much better question. Arguably, this could be seen as a missed opportunity on Ron Paul’s part, but hindsight may prove it better for Ron Paul to have kept that card in reserve. Instead of asking a question that would have highlighted his own credentials, Paul came out in defense of the countless grassroots supporters that pester Herman Cain on the issue of auditing the Federal Reserve....

Kevin Hayden – TruthisTreason.net

As the Occupy Wall Street events continue to expand and unfold, I’ve tried to keep tabs on my local event, Occupy OKC.  When this first started, I was elated at the idea of the common People finally getting off of their couch and protesting their grievances towards an out of control government.  But I was sadly mistaken.  Instead, as each new day passes, I hear and see more of these protesters demanding rights and privileges that I would be willing to take up arms to fight against.  The very problems that got me involved in politics and protesting are what most of the Occupy protesters are wanting.

“If ye love wealth better than liberty, the tranquillity of servitude more than the animating contest of freedom, go from us in peace. We ask not your counsels or arms. Crouch down and lick the hands which feed you. May your chains sit lightly upon you, and may posterity forget that ye were our countrymen.” – Samuel Adams

The Second Bill of Rights

I tried to give these groups a chance.  I attended the first few meetings here in Oklahoma City, expecting to hear solutions to how we could end the Federal Reserve, return to sound money so that we may all prosper, and ways in which we could wrangle some of the power from Wall Street and the international bankers who have been in control for so many decades....

Kevin Hayden – TruthisTreason.net

Source: CounterPunch via Cryptogon

If you’re a Wall Street behemoth, there are endless opportunities to privatize profits and socialize losses beyond collecting trillions of dollars in bailouts from taxpayers. One of the ingenious methods that has remained below the public’s radar was started by the Rudy Giuliani administration in New York City in 1998. It’s called the Paid Detail Unit and it allows the New York Stock Exchange and Wall Street corporations, including those repeatedly charged with crimes, to order up a flank of New York’s finest with the ease of dialing the deli for a pastrami on rye.

Hayden’s Note:

Having worked for the New Orleans Police Dept. for 5 years, I had the opportunity to work numerous paid details.  I also saw the insanely corrupt side to “details.”  Many officers would technically be on the clock as a police officer, while also being paid $25-35 per hour for a private detail.  This involved many mid-level officers, all the way to the upper echelon.  Some officers would be on several different paid details at once while on the clock....