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Over the past several years I have discovered a lot of great documentaries on the Internet. The frustrating part was trying to find them again for friends. Thus I started Video Journal(s).   This Video Journal is about corruption, crony capitalism and corporate/Wall Street GREED.

I don't think people understand what Wall Street's GREED has gotten us into. Sure we all know about the 700 billion dollar TARP bail-out, and the 18 trillion dollars national debt.  But, I don't think people are aware of all the trillions of dollars the FED (Federal Reserve) has loaned to the Wall Street Banks, which doesn't trickle down to main street, or the 700 trillion-to-1.2 quadrillion dollar derivatives bubble(s) that the World's banks are sitting on.

Wednesday January 17, 2018

Pentagon Reportedly Weighing Using Nukes In Response To 'Large Cyberattacks'
HP | Dominique Mosbergen | 01/17/18

A draft of the Defense Department's new nuclear strategy says the U.S. could respond to certain "non-nuclear attacks" with nuclear weapons.

The Pentagon is reportedly pushing a new retaliation tactic should the U.S. ever be hit by a devastating cyberattack: America could nuke the culprit. The New York Times reported Tuesday that a pre-decisional draft of the Defense Department's 2018 Nuclear Posture Review, which details U.S. nuclear strategy, includes "large cyberattacks" as an example of a non-nuclear strike on American lives and infrastructure that could be countered with nuclear weapons.

"Three current and former senior government officials said large cyberattacks against the United States and its interests would be included in the kinds of foreign aggression that could justify a nuclear response," the Times wrote of the new strategy. The officials stressed, however, that "other, more conventional options for retaliation" could also be used in response to a cyberattack. ... Read more and
Exclusive: Here Is A Draft Of Trump's Nuclear Review. He Wants A Lot More Nukes.

Mueller Meets Trump | The Simpsons | older | 2:07

Here's Just How Little Confidence Americans Have In Political Institutions
NPR | Domenico Montanaro | 01/17/18

Trust in the institutions that have been the pillars of U.S. politics and capitalism is crumbling. That is one finding from the latest NPR/PBS NewsHour/Marist poll, which shows that Americans have limited confidence in its public schools, courts, organized labor and banks -- and even less confidence in big business, the presidency, the political parties and the media.

The only institution that Americans have overwhelming faith in is the military -- 87 percent say they have a great deal or quite a lot of confidence in the military. That is a striking change from the 1970s during and after the Vietnam War. ... Read more
Click to zoom in

More Than a Third of Americans Give Trump's First Year a Resounding 'F': Poll
White House Press Briefing 01/16/18 | WH | 01/16/18 | 1:14:23

Lindsey Graham thought he had Trump tamed -- but got played instead
Salon | Heather Digby Parton | 01/17/18

oor Lindsey Graham. The "maverick" senator from South Carolina had spent the last two years expressing his scorn for Donald Trump, calling him "unfit" and "a kook." Then, sometime in the late summer, Graham apparently reconciled himself to the fact that Trump wasn't capable of growing or "pivoting" into the job, so he took it upon himself to cultivate the mercurial manchild, perhaps in the vainglorious belief he could influence Trump to become a mainstream conservative and stamp out the rapidly burning fuse that was going to blow up the presidency and likely the entire Republican Party.

Graham played golf with his president, he complimented him on his swing, he flattered his intelligence and he even agreed to throw some red meat at the base on Trump's behalf by taking up the ridiculous crusade to jail Hillary Clinton. He cajoled and he petted and he whispered the sweet nothings that the president needs to hear to make him feel powerful. Graham thought Trump trusted him and looked to him for guidance. He thought he could speak for the president in negotiations. ... Read more

Democracy Now! U.S. and World News Headlines for Wednesday, January 17 [13:02]
Democracy Now! U.S. and World News Headlines for Wednesday, January 17 (FULL) | 59:02
Note: on the full 59:02 video look for small white (or black) circles on the Progressbar they denote the different news stories. You can move the pointer on the Progressbar to jump to each story, and around the video.
  1. Headlines
  2. "Letter from an Immigration Jail": Hear the Words of Detained Immigrant Leader Ravi Ragbir
  3. New York City Councilmember Jumaane Williams: Civil Disobedience Is Needed to Protect Immigrants
  4. NYC Immigration Activist Jean Montrevil Speaks Out After Deportation to Haiti: "My Heart Is Broken"
  5. Is ICE Targeting Immigration Activists? Family Members of Detained & Deported Leaders Speak Out
  6. "ICE Is Sending Us a Message": Activist Maru Mora Villalpando on Being Targeted for Deportation
Fire and Fury: The Extreme-Right in the White House Part 2 | TRNN | 01/16/18 | 18:15
New Thinking On Nuclear Weapons | 1a.org | 01/17/18 | 1hr
A draft of the Trump administration's nuclear weapons plan obtained by HuffPost calls for the development of two new types of nuclear weapons.

While the plans haven't yet been approved, the Wall Street Journal reports that they "have strong support in the Pentagon and are expected to go forward, according to people familiar with the review."

"A major question at the heart of the Pentagon review is how to respond to military strategy and programs in Russia and China, which American officials say provide a more prominent role for nuclear weapons. In effect, the Pentagon argues that since adversaries have failed to follow the U.S. in de-emphasizing the role of nuclear weapons, Washington needs a greater range of nuclear options to counter its potential foes, especially for carrying out limited strikes.

While the United States has continued to reduce the number and salience of nuclear weapons, others, including Russia and China, have moved in the opposite direction," said a draft of the plan. "The United States must be capable of developing and deploying new capabilities, if necessary, to deter, assure, achieve U.S. objectives if deterrence fails, and hedge against uncertainty."

At the same time, officials from 20 countries are meeting in Canada to discuss diplomatic strategy with North Korea. The country has been testing missiles that would be capable of carrying a nuclear warhead, and President Donald Trump has threatened the use of the United States' nuclear arsenal in response.

After a peak in the late 1980s, the number of nuclear weapons in the world was shrinking, even though more countries had them. Former President Barack Obama called for a "world without nuclear weapons," near the end of his administration. What will the Pentagon's new plans mean for global disarmament, and for international politics?

Robert Mueller, House Intel Subpoena Steve Bannon On Same Day | Rachel Maddow | MSNBC | 01/16/18 | 17:03
Steve Bannon Will 'Tell All' To Robert Mueller: Report | Rachel Maddow | MSNBC | 01/16/18 | 6:58
Sen. Richard Durbin (D-IL) doubles down: Trump said shithole | CNN | 01/16/18 | 15:26
NYT: Mueller subpoenas ex-Trump strategist Bannon | CNN | 01/16/18 | 6:27
The Late Show with Stephen Colbert
Trump Is Conveniently One Pound Under Obese | Stephen Colbert | 01/17/18 | 4:56
Sarah Huckabee Sanders Explains Why Trump Isn't Racist | Stephen Colbert | 01/17/18 | 5:26
The Daily Show with Trevor Noah
Donald Trump Is Somehow Healthy | Trevor Noah | 01/16/18 | 2:58
Late Night with Seth Meyers
*The Check In: Puerto Rico's Hurricane Maria Recovery | Seth Meyers | 01/16/18 | 5:50
Note: I add this just to expose you to what the Alt Right is listening to. Sometimes pretty scary.
Navy Seal Responds To Left's Plan To Kill Trump | Alex Jones | 01/15/18 | 16:42
Action Star And Former Sheriff Reveals Which News Organizations Are Fake | Alex Jones | 01/16/18 | 15:55
Steven Seagal Announces Major Investigations Into Global Pedophile Network | Alex Jones | 01/16/18 | 18:39

Tuesday January 16, 2018

Military Quietly Prepares for a Last Resort: War With North Korea
NYT | Helene Cooper | 01/14/18

Across the military, officers and troops are quietly preparing for a war they hope will not come. At Fort Bragg in North Carolina last month, a mix of 48 Apache gunships and Chinook cargo helicopters took off in an exercise that practiced moving troops and equipment under live artillery fire to assault targets. Two days later, in the skies above Nevada, 119 soldiers from the Army's 82nd Airborne Division parachuted out of C-17 military cargo planes under cover of darkness in an exercise that simulated a foreign invasion.

Next month, at Army posts across the United States, more than 1,000 reserve soldiers will practice how to set up so-called mobilization centers that move military forces overseas in a hurry. And beginning next month with the Winter Olympics in the South Korean town of Pyeongchang, the Pentagon plans to send more Special Operations troops to the Korean Peninsula, an initial step toward what some officials said ultimately could be the formation of a Korea-based task force similar to the types that are fighting in Iraq and Syria. Others said the plan was strictly related to counterterrorism efforts. ... Read more

Worker who sent false Hawaii missile alert reassigned.

Hawaii missile snafu: That was no 'wrong button.' Take a look.
WashintonPost | Fred Barbash | 01/16/19

Pushing the "wrong button" was the explanation provided in an official timeline for that false warning that scared the devil out of people in Hawaii on Saturday morning alerting them to an incoming ballistic missile that never was. "The wrong button was pushed," declared Vern Miyagi, head of the state's emergency management agency.

But as The Washington Post's Amy Wang reported, the errant employee actually was working with a drop-down menu on a computer program, from which the official chose the wrong item. On Monday, state officials released an image of that menu, provided to The Post by Hawaii News Now, and it shed some light on why it might be confusing. ... Read more

Trump has...
  1. spent 26% of his time out on the golf course
  2. spend 33% of his time at a Trump branded property
  3. cost US $43,000,000.00 in tax payer money for golf

Trump spends Martin Luther King Jr. Day at golf course
Politico | Matthew Nussbaum | 01/15/18

President Donald Trump returned to his Florida golf course on Monday, appearing to disregard his own advice that people spend Martin Luther King Jr. Day performing acts of service for others. Trump arrived at his golf course shortly after 9 a.m., and the White House did not respond to a request for comment about his activity. His public schedule is empty and he is scheduled to return to the White House Monday night.

When signing a proclamation to honor King on Friday, Trump called on all Americans to honor the the late civil rights leader's birthday "with acts of civic work and community service." ... Read more

Democracy Now! U.S. and World News Headlines for Tuesday, January 16 [17:01]
Democracy Now! U.S. and World News Headlines for Tuesday, January 16 (FULL) | 59:02
Note: on the full 59:02 video look for small white (or black) circles on the Progressbar they denote the different news stories. You can move the pointer on the Progressbar to jump to each story, and around the video.
  1. Headlines
  2. Newly Discovered 1964 MLK Speech on Civil Rights, Segregation & Apartheid South Africa
Trump's Spiritual Adviser: God Says Give Me One Month's Pay! | TYT | 01/13/18 | 5:36
Chelsea Manning To Run For Senate | TYT | 01/15/18 | 10:22
America On Alert | 1a.org | 01/16/18 | 1hr
What went wrong? That was the top question after a frightening emergency alert hit people's phones in Hawaii last weekend. The message warned of an imminent missile attack on the island and told recipients to seek shelter. "This is not a drill," the warning ended.

Turns out, it wasn't a drill. It was a mistake. From The New York Times:

"Officials said the alert was the result of human error and not the work of hackers or a foreign government. The mistake occurred during a shift-change drill that takes place three times a day at the emergency command post, according to Richard Rapoza, a spokesman for the agency. "Someone clicked the wrong thing on the computer," he said.

Now the top question is: Could it happen again? And if push notifications are capable of causing such panic, should we be receiving emergency alerts alongside calendar reminders and sports scores?

WSJ: Jared Kushner Warned About Ties To Wendi Deng Murdoch | Morning Joe | MSNBC | 01/16/18 | 6:30
NYT: Steve Bannon Subpoenaed By Special Counsel In Russia Probe | MSNBC | 01/16/18 | 5:21
The Russia Investigation Closes In On President Donald Trump's Inner Circle | MSNBC | 01/16/18 | 7:55
On Donald Trump And The Africa That Lawrence Knows | The Last Word | MSNBC | 01/16/18 | 5:15
The Late Show with Stephen Colbert
Don't Fire The Hawaiian Who Hit The Emergency Alert | Stephen Colbert | 01/16/18 | 3:48
Did Trump Say Sh*thole Or Sh*thouse? | Stephen Colbert | 01/16/18 | 6:58
The Daily Show with Trevor Noah
The Backlash Continues on Trump's "S**thole" Comments | Trevor Noah | 01/15/18 | 4:48
Late Night with Seth Meyers
Trump and GOP Face Fallout from His Racist Immigration Comments | Seth Meyers | 01/15/18 | 8:25

More News Menu

National Debt - TRILLIONS
*Demonocracyinfo | US Debt in Physical $100 bills [2:10]

National Debt
US Debt Stacked in $100 bills
United States owes a lot of money, with its debt equal to the size of the economy as of 2012. See the Statue of Liberty & WTC being dwarfed by the debt.


Now... Who Own the Derivative Time Bomb?

Five Banks Account For 96% Of The $250 Trillion In Outstanding US Derivative Exposure; Is Morgan Stanley Sitting On An FX Derivative Time Bomb?
Zero Hedge | Author | 09/24/11

The latest quarterly report from the Office Of the Currency Comptroller is out and as usual it presents in a crisp, clear and very much glaring format the fact that the top 4 banks in the US now account for a massively disproportionate amount of the derivative risk in the financial system. Specifically, of the $250 trillion in gross notional amount of derivative contracts outstanding (consisting of Interest Rate, FX, Equity Contracts, Commodity and CDS) among the Top 25 commercial banks (a number that swells to $333 trillion when looking at the Top 25 Bank Holding Companies), a mere 5 banks (and really 4) account for 95.9% of all derivative exposure (HSBC replaced Wells as the Top 5th bank, which at $3.9 trillion in derivative exposure is a distant place from #4 Goldman with $47.7 trillion). The top 4 banks: JPM with $78.1 trillion in exposure, Citi with $56 trillion, Bank of America with $53 trillion and Goldman with $48 trillion, account for 94.4% of total exposure. As historically has been the case, the bulk of consolidated exposure is in Interest Rate swaps ($204.6 trillion), followed by FX ($26.5TR), CDS ($15.2 trillion), and Equity and Commodity with $1.6 and $1.4 trillion, respectively. Read more


02.10.2011. 07:16

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