Evening Blues Preview 5-7-15

This evening's music features The Soul Queen of New Orleans, Irma Thomas.

Here are some stories from tonight's post:

NSA phone records program illegal, court rules

Federal appeals court says NSA program that collected millions of Americans’ phone calls was not authorized by Congress

The US court of appeals has ruled that the bulk collection of telephone metadata is unlawful, in a landmark decision that clears that way for a full legal challenge against the National Security Agency.

A panel of three federal judges for the second circuit overturned an earlier ruling that the controversial surveillance practice first revealed to the US public by NSA whistleblower Edward Snowden in 2013 could not be subject to judicial review.

But the judges also waded into the charged and ongoing debate over the reauthorization of a key Patriot Act provision currently before US legislators. That provision, which the appeals court ruled the NSA program surpassed, will expire on June 1 amidst gridlock in Washington on what to do about it.

The judges opted not to end the domestic bulk collection while Congress decides its fate, calling judicial inaction “a lesser intrusion” on privacy than at the time the case was initially argued.

“In light of the asserted national security interests at stake, we deem it prudent to pause to allow an opportunity for debate in Congress that may (or may not) profoundly alter the legal landscape,” the judges ruled.

Robert Jay Lifton, Author of "The Nazi Doctors": Psychologists Who Aided Torture Should Be Charged

Congress inserts Israeli pro-settler language in TTIP authorization legislation

Recently, the House and the Senate passed similar amendments to the bill authorizing negotiations for the Transatlantic Trade and Investment Partnership with Europe that in one stroke of the pen attempt to make legal the Israeli settlements that are recognized as illegal by both the U.N. and international law. Conversely, the amendments punish companies for adhering to international laws intended to protect against colonization.

The House amendment, co-sponsored by Peter Roskam of Illinois and Juan Vargas of California, inserts language declaring that the “principal negotiating objectives of the US” would now include discouraging both “actions by potential trading partners that directly or indirectly prejudice or otherwise discourage commercial activity solely between the United States and Israel,” and “politically motivated actions to boycott, divest from, or sanction Israel and to seek the elimination of politically motivated non-tariff barriers on Israeli goods, services, or other commerce imposed on the State of Israel.”

The Senate amendment does largely the same; both amendments clearly target the burgeoning Boycott, Divestment, and Sanctions movement launched in 2005, a perfectly legal, nonviolent effort to honor international law and human rights conventions, and grant and restore rights to Palestinians. Both amendments also attempt to erase the inconvenient truth that the Occupation is illegal, and so is doing business with companies on the West Bank.

These amendments seek not only to facilitate, but also to normalize trade with West Bank and East Jerusalem settlement companies, under the guise that such trade is effectively as legitimate as trade with Israel itself. This move seeks to elide the actual, internationally recognized illegality of the Occupation and the specific illegality of doing business with settlement companies. Using the phrase “in Israel or in territories controlled by Israel,” the amendments merge the two as if they were one and the same. And eerily, as J. J. Goldberg points out, the phrase is “identical to the language of an Israeli anti-boycott bill that was adopted by the Knesset in 2011 and upheld by Israel’s High Court of Justice days ago, punishing Israelis who advocate either type of boycott.”

Chicago to pay $5.5m in compensation to victims tortured by city's police

Chicago will pay up to $5.5m in compensation to dozens of people who were tortured by the city’s police force during the 1970s and 1980s.

On Wednesday, the city council approved legislation that will also provide trauma counselling and help with job training to the victims.

Chicago and Cook County already have paid around $100m in settlements related to former Chicago police Commander Jon Burge, who was fired in 1993 and later convicted of lying about police torture. He was released from jail in October 2014.

“Chicago has taken a historic step to show the country, and the world, that there should be no expiration date on reparations for crimes as heinous as torture,” Steven Hawkins, executive director of Amnesty International USA, said in a statement.

Mr Hawkins said the compensation will help set a precedent for holding torturers accountable in Chicago and elsewhere in the United States.

Nomi Prins has an excellent, long article that is very much worth your attention. Here's a taste:

The Clintons and Their Banker Friends

The past, especially the political past, doesn’t just provide clues to the present. In the realm of the presidency and Wall Street, it provides an ongoing pathway for political-financial relationships and policies that remain a threat to the American economy going forward.

When Hillary Clinton video-announced her bid for the Oval Office, she claimed she wanted to be a “champion” for the American people. Since then, she has attempted to recast herself as a populist and distance herself from some of the policies of her husband. But Bill Clinton did not become president without sharing the friendships, associations, and ideologies of the elite banking sect, nor will Hillary Clinton. Such relationships run too deep and are too longstanding.

To grasp the dangers that the Big Six banks (JPMorgan Chase, Citigroup, Bank of America, Wells Fargo, Goldman Sachs, and Morgan Stanley) presently pose to the financial stability of our nation and the world, you need to understand their history in Washington, starting with the Clinton years of the 1990s. Alliances established then (not exclusively with Democrats, since bankers are bipartisan by nature) enabled these firms to become as politically powerful as they are today and to exert that power over an unprecedented amount of capital. Rest assured of one thing: their past and present CEOs will prove as critical in backing a Hillary Clinton presidency as they were in enabling her husband’s years in office. ...

Whatever her populist pitch may be in the 2016 campaign -- and she will have one -- note that, in all these years, Hillary Clinton has not publicly condemned Wall Street or any individual Wall Street leader. Though she may, in the heat of that campaign, raise the bad-apples or bad-situation explanation for Wall Street’s role in the financial crisis of 2007-2008, rest assured that she will not point fingers at her friends. She will not chastise the people that pay her hundreds of thousands of dollars a pop to speak or the ones that have long shared the social circles in which she and her husband move. She is an undeniable component of the Clinton political-financial legacy that came to national fruition more than 23 years ago, which is why looking back at the history of the first Clinton presidency is likely to tell you so much about the shape and character of the possible second one.

It's Official: Global Carbon Levels Surpassed 400 ppm for Entire Month

Marking yet another grim milestone for an ever-warming planet, the National Oceanic and Atmospheric Administration revealed on Wednesday that, for the first time in recorded history, global levels of carbon dioxide in the atmosphere averaged over 400 parts per million (ppm) for an entire month—in March 2015.

"This marks the fact that humans burning fossil fuels have caused global carbon dioxide concentrations to rise more than 120 parts per million since pre-industrial times," said Pieter Tans, lead scientist of NOAA’s Global Greenhouse Gas Reference Network, in a press statement. "Half of that rise has occurred since 1980." ...

"We first reported 400 ppm when all of our Arctic sites reached that value in the spring of 2012," explained Tans. "In 2013 the record at NOAA’s Mauna Loa Observatory first crossed the 400 ppm threshold."

However, Tans said that reaching 400 ppm across the planet for an entire month is a "significant milestone."


Also of interest:

Sailing And Sinking The RMS Lusitania: A Century Of Lying America Into War

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NCTim's picture

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The individual has always had to struggle to keep from being overwhelmed by the tribe. If you try it, you will be lonely often, and sometimes frightened. But no price is too high to pay for the privilege of owning yourself. - Friedrich Nietzsche -

joe shikspack's picture

another prominent musical gift to the world from new orleans.

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Unabashed Liberal's picture

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Everyone thinks they have the best dog, and none of them are wrong.

Unabashed Liberal's picture

funding last month.

From the Senate HELP Committee:

Alexander and Bennet Introduce Resolution Recognizing 16th Annual National Charter Schools Week

23 senators mark annual event to celebrate the more than 6,700 charter schools across the nation.

Wednesday, May 06, 2015
Margaret Atkinson / Jim Jeffries (Alexander): 202-224-0387

Washington, D.C., May 6 – Sens. Lamar Alexander (R-Tenn.) and Michael Bennet (D-Colo.) along with 21 cosponsors, this week introduced a resolution congratulating the students, parents, teachers, and administrators of charter schools across the nation, expressing strong support for public charter schools and marking the 16th annual National Charter Schools Week, which lasts from May 3 to 9 this year. . . .

Bennet said: “All kids, regardless of their zip code, deserve access to a high quality education. In Colorado, many charter schools are improving student achievement and preparing students for success in college and careers. National Charter Schools Week is an opportunity to recognize the accomplishments of our teachers, school leaders, parents, and students who help create successful charter schools.”

The resolution is cosponsored by 21 senators, including Sens. Cory Booker (D-N.J.), Richard Burr (R-N.C.), Tom Carper (D-Del.), Bill Cassidy (R-La.), Chris Coons (D-Del.), John Cornyn (R-Texas), Ted Cruz (R-Texas), Dick Durbin (D-Ill.), Diane Feinstein (D-Calif.), Lindsey Graham (R-S.C.), Orrin Hatch (R-Utah), Johnny Isakson (R-Ga.), Mark Kirk (R-Ill.), James Lankford (R-Okla.), John McCain (R-Ariz.), Mitch McConnell (R-Ky.), David Perdue (R-Ga.), Marco Rubio (R-Fl.), Tim Scott (R-S.C.), Thom Tillis (R-N.C.), and David Vitter (R-La.).

Alexander and Bennett (D, CO) are members of the Senate education committee, which last month voted unanimously to approve legislation by Senate education committee Chairman Alexander and Ranking Member Patty Murray (D-Wash.) that would update and strengthen charter school programs and allow states to replicate or expand high-quality charter schools.

Below is a screenshot of all the Democrats and Republicans on this Senate HELP Committee.

Screenshot -- Senate HELP Committee Members, Education Subcommitte.png

Mollie

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Everyone thinks they have the best dog, and none of them are wrong.

joe shikspack's picture

i guess we ought to start a list.

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Unabashed Liberal's picture

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Pluto's Republic's picture

…caught my eye at Zero Hedge:

Since 2012, there’s been an unprecedented call from foreign nations to repatriate their gold from Federal Reserve vaults in the U.S. This is an incredible development given many countries’ 71-year reliance on the Fed as a custodian for their bullion. Over the last few years, countries including, but not limited to, Germany, the Netherlands, France, Belgium, Austria, Poland, Ecuador, Finland, Switzerland, Venezuela, and Romania have either formally requested repatriation of their gold or are in discussions with the Fed about it. Some of these nations, mind you, have held more than 50% of their entire reserves of bullion in the U.S. since 1944, when the Dollar became the world’s reserve currency.

So what happened in the last few years to break the world's trust in the Fed as a custodian of their precious metals?

The world now has finally accepted the reality that the Fed has been leveraging its foreign gold holdings to lower skyrocketing gold prices as part of its grand scheme to “engineer” an economic recovery from the 2008 Financial Crisis. The commodity market is "mysteriously" flooded with gold every day at 1 PM EST, depressing the gold price. It happens after the daily gold "price fix" in London at noon. Everybody knows about this blatant market manipulation. It's been going on daily since 2011. Gold price-seeking (free market pricing) would indicate, factually, that the US economy is not absolutely fabulous and people are hurting. We can't have that. So where is all that market-flooding gold coming from?

The world's central banks remained sanguine about it until the Fed suddenly prohibited foreign nations from auditing their gold stored in the US.

So, if the Fed has been leveraging its foreign gold holdings in order to lower the price of bullion, it’s quite possible that it simply doesn’t have in its possession the amount of foreign gold it should. Again, this isn’t a stretch. In fact, it’s Occam’s Razor: Hypothecation is a common practice in the precious metals world, and, recently, the Fed has been flat-out refusing foreign nations from auditing their gold and will only return large holdings on installment plans.

It's likely that the US has lost the nation's gold and the vault sits empty.

Another reason that the US Dollar will soon be dead to the world.

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The political system is what it is because the People are who they are. — Plato
Pluto's Republic's picture

Also from Zero Hedge:

A long time ago, in a financial galaxy far, far away, a “fringe” blog raised the topic of gold market manipulation during the London AM fix. Several years later (which, incidentally, is about average in terms of the lag time between when something is actually going on and when the mainstream financial media finally figures it out and reports on it), it was revealed that in fact, shenanigans were likely afoot and indeed, regulators are still trying to sort out what happened.

Meanwhile, China has announced that it will take over global gold pricing by establishing a Yuan-denominated gold fix in a bid to upend the corrupt London benchmark.

China conducted trial runs for the planned launch of a yuan-denominated gold fix last month, three sources familiar with the matter said, in a sign the world's second-biggest bullion consumer was moving closer to creating a benchmark price.

The state-run Shanghai Gold Exchange (SGE), on whose international platform the fix will be launched, conducted the trial with major Chinese banks and a few foreign banks, the sources said this week…

China plans to launch a yuan gold fix this year through trading of a 1 kg contract on the SGE, Reuters reported in February.

"The launch of the fix is towards the end of the year ... Banks were invited in April to test the fixing process," said one of the sources directly involved in the process.

The SGE will act as the central counterparty, unlike the London fix where the bullion banks settle trades amongst themselves, the source said.

It is increasingly likely that China owns most of the gold in the world.

For those who have a knee-jerk hatred of gold, keep in mind that gold (in the Fed vault) is all that is standing between you and total economic collapse in the US.

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The political system is what it is because the People are who they are. — Plato
joe shikspack's picture

given the expectation that there won't be a sudden demand for all of the reserves, banksters would have to be tempted to invent gold it doesn't have, especially as most of its other economic levers are pretty ineffective. they've invented so many worthless american dollars that the banks can't (or won't) put them to productive use causing interest rates to go negative.

i guess this silly game will go on until it is in somebody's interest to bring the whole thing crashing down.

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Pluto's Republic's picture

…that the PetroDollar is dead — and you have a real problem.

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The political system is what it is because the People are who they are. — Plato
mimi's picture

allowed to audit and see its gold reserves in the Fed.

It all stinks to heaven. I would insist that Germany should get all his reserves stored with the Fed in the US. But of course they are too timid to insist on that.

U.S. Dollar Collapse: Where is Germany’s Gold?

Precious Metal Abroad: Why Germany Wants to See its US Gold

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mimi's picture

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Shahryar's picture

most of the people highlighted in Evening Blues are new to me.

Meanwhile I'm so depressed! I make fun of the garbage dump known as dKos but it's, incredibly!, gotten worse. All Hillary, all the time. It's really eye-popping how baldly they're behind her. Laura Clawson has lost her mind, dishonestly comparing May 2015 to August 2007, to show how strong Hillary is now.

And I won't comment there, even though they neglected to ban me for my GBCW, on principle. Besides, it wouldn't matter.

Anyway, I hate dishonesty and I don't like Hillary so that works nicely. It makes it easier to hope she loses. Of course when she does we'll get blamed.

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joe shikspack's picture

i never look at the front page anymore. i only look at my stream which pretty much weeds out all of the shillary crap.

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