Showing posts with label Delaware. Show all posts
Showing posts with label Delaware. Show all posts

Wednesday, January 10, 2018

Will Bankruptcy Venue BILL Bankrupt Delaware?

By Aaron Kesel


This reporter has been doing an ongoing series about Wall Street frauds aided & abetted by federal corruption; which includes issues of Goldman Sachs & Bain Capital partnerships in “Bankruptcy Rings” spearheaded by crooked attorney at law, Paul Traub (see herehere and here).


Due to a sudden illness, our story on judicial corruption benefiting Sachs & Romney’s “Bankruptcy Rings” has been delayed (coming real soon). It looks like the delay is somewhat fortuitous, because Senators Elizabeth Warren and John Cornyn introduced a Bill of Law S.2282, on Monday, January 8, 2018 that seeks to close a loophole some say has fostered corruption.


The ultimate question is does President Trump care what goes on in Delaware?


Will Donald the Great (Destroyer) quash the loophole? If the loophole is closed, Delaware law firms will likely lose a billion dollars a year in fees. However, the more important question is, will the senators’ Bankruptcy Forum Bill cause Delaware to lose its corporate dominance; subsequently, as a result, could this cause Delaware to go bankrupt?


Our series on Wall Street fraud, protected by corruption, comes from the eToys case whistleblower (Laser Haas) who claims the entire Delaware system of justice, including the federal courts, is infested with tax-paid federal servants betraying their oath of office and, in turn, the public’s trust.


Giving credence to Laser’ s contentions, are UCLA Law Professor Lynn LoPucki’s book Courting Failure; which reported on the corruption of our courts (especially Delaware and NY), due to large fee bankruptcy cases.





In 2005 the eToys whistleblower caused Paul Traub and Delaware’s MNAT law firm to confess failures to disclose their conflicts of interest; but the Delaware courts and Department of Justice refused to investigate or prosecute the perpetrators.


Coincidentally, in 2005, DOJ Deputy Director Lawrence Friedman resigned because of the eToys case. Around the same time, Senator Cornyn sided with Professor LoPucki when Senator Cornyn put forth an article up on the blog of Legal Times – titled: “They Owe Us” (archived)


In Senator Cornyn’s “They Owe Us” article, it quotes Professor LoPucki and Senator Warren’s works (before she became a senator); and Senator Cornyn affirms the fact that…


Corporate debtors are able to pick venues that are likely to rule in their favor.


Laser blew the whistle in eToys, KB and other cases; but – despite confessions – Delaware courts and federal agencies personnel, continually found in favor of the perpetrators.


Speciously, each and every time the parties finding favorable outcomes were Goldman Sachs, Bain Capital and their crooked Delaware lawyers.


It was also pointed out in Senator Cornyn’s “They Owe Us” article, the fact that UCLA Law Professor LoPucki and Elizabeth Warren fought to stop these schemes and how they resulted in over 50% of bankruptcy cases failing.


As a matter of fact, Romney’s KB and eToys were in bankruptcy, multiple times, winding back at Bain Capital, under Toys “R” Us; which is now, also, in bankruptcy.


Thing is, the purported reasons companies form in Delaware is due to low corporate taxes; but this corporate dominance issue has come under scrutiny, also.


Actually, in many cases, the argument of less taxation has little merit, because (most states) still tax companies for doing business in their venue.


Delaware, a state built on no sales tax, reportedly gets 80% of its revenues from the “low” business tax; and its law firms rely heavily on the fact that 50% of most major business bankruptcies are – venue shopped – to Delaware.


With this new legislation closing that loophole, then there is a question about whether or not Delaware will remain solvent.


Most assuredly, the bankruptcy lobby of Delaware lawyers is likely to take a huge hit if this bill passes.


Former USAG John Ashcroft is also on public record remarking that there are corrupt federal judges in collusion with high-ranking members of the system of justice keeping bankruptcy cases open and retaliating against victim/witnesses (please see previously hidden remarks now posted upon the U.S Courts. Gov website – here).


According to eToys whistleblower Laser Haas, Delaware can thank wicked Bankruptcy Judge, Mary F. Walrath, many stalwarts in the federal system of justice (such as AUSA Ellen Slights, trial attorney Mark Kenney), along with former Delaware federal prosecutor Colm Connolly, who aided & abetted rogue lawyers Paul Traub, Frederick Rosner, and MNAT firm, who all worked, crookedly, to protect Goldman Sachs & Bain Capital racketeering billions of dollars in unjust profits.


Senator Cornyn is also on the record stating:


after all, picking a court isn’t far from picking a verdict.


Victims of KB, Mattel, Fingerhut and eToys frauds, and many more, are hoping the corruption of venue shopping is now at an end.


Aaron Kesel writes for Activist Post. Support us at Patreon. Follow us on Facebook, Twitter, Steemit, and BitChute. Ready for solutions? Subscribe to our premium newsletter Counter Markets.


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Friday, November 10, 2017

Biden Reportedly "Shifts In Favor" Of 2020 Presidential Bid

Earlier this week, former Vice President Joe Biden admitted that his "biggest regret in life" was not currently occupying the White House...the statement left us wondering whether he also regrets growing old, balding and not owning 75 Lambo"s...perhaps we"ll never know for sure.


But, of all of Joe"s "regrets" in life, perhaps his missed opportunity at occupying the Oval Office is one that he may seek to rectify in the near future.  As Politico reports, after months/years of waffling on the topic, Joe Biden has apparently "shifted in favor" of a new Presidential bid in 2020.








Joe Biden thinks it’s critical that Donald Trump not get a second term — and though it’s early, he doesn’t yet see anyone else who could stop that from happening.


 


So, he"s been telling people privately, that might mean he’ll just have to run himself.


 


After beginning the year both teasing a 2020 bid and ruling one out — sometimes on the same day — Biden in recent months has shifted unmistakably in favor of running, say multiple people who’ve been in touch with the former vice president and his team.


 


For the first time in what would be the sixth presidential campaign that he’s either seriously flirted with or launched, Biden sees an argument for a candidacy for which he is the only answer: An elder statesman who can help repair the damage and divisions in the country and around the world, unite the competing wings of the Democratic Party, and appeal to traditional Democratic voters who fled last year for Trump.



Biden


Of course, in typical fashion for the political world, other Politico sources in the Biden realm denied rumors of a 2020 run, saying instead that he is "laser-focused on his book tour."








Next week, Biden will launch a tour for his new book, “Promise Me, Dad,” a memoir of his relationship with his son Beau, whose death in May 2015 triggered both the last-minute exploration by Biden of a 2016 run and the emotional devastation that ultimately caused him to pull the plug.


 


People familiar with the planning describe the tour as deliberately structured to avoid politics. Biden"s staff is pushing off nearly every request to appear at fundraisers or other political events while he’s traveling for it.


 


But there’s another, more subtle purpose, some acknowledge: to test Biden’s emotional stamina, should he decide to throw himself fully into a presidential run.


 


“Right now, he’s pretty laser-focused on the book tour. Get through that and go see what we can do in ‘18, and see where things are then,” said a person in touch with Biden’s advisers, who have stayed in close communication since leaving their government jobs in January.



Meanwhile, in the end, the decision to run may not be left to Biden with many Democrats wary about pegging the future of the party on a candidate who will be 77 by 2020, the oldest potential candidate in the field other than Bernie Sanders. Though a clutch player in both Obama campaigns, he has proved to be bad at running for president himself, and would likely be facing a raucous and crowded primary full of candidates determined not to step aside and repeat the Hillary Clinton coronation.


Oh well, one can only hope for a little more of this...










Tuesday, November 7, 2017

Twitter Told Congress This Random American Is A Russian Propaganda Troll

Update: Twitter has re-activated Delaware"s account. The company declined to comment about why it reinstated the account and about whether it would amend the list it sent to Congress.


*  *  *


Authored by Louise Matsakis via Motherboard.Vice.com,


Robert Delaware is now part of the Congressional record, despite having no apparent ties to Russia...




Robert Delaware is a US citizen, a former Microsoft contractor, and an avid Freedom of Information Request (FOIA) filer. According to the United States Federal Government however, he"s a Russian propaganda agent - at least on Twitter.


As part of the social media company"s investigation into Russia"s meddling into the 2016 US presidential election, it deleted Delaware"s account, and sent record of it to US lawmakers as evidence of foreign interference.


The problem is Delaware is actually an American - and has never even been to Russia. So how did his account get swept into a list of those believed to be connected to a Russian troll farm?


Representatives from Google, Facebook, and Twitter testified at several open hearings on Capitol Hill this week about how Russian-linked trolls used their platforms to influence the 2016 US presidential election and sow political unrest. As part of that process, the House Permanent Select Committee on Intelligence released a list of 2,753 suspended Twitter accounts the company believes to be linked to a Russian troll farm.


The committee said those handles "impersonate[ed] U.S. news entities, political parties, and groups focused on social and political issues," in a memo it released along with the accounts.


Included on the list is Delaware, under the handle @RobbyDelaware. Motherboard reviewed emails sent to Delaware by Twitter verifying that he was the owner of the handle or at least had access to the email account associated with it. Motherboard also verified that Robert Delaware was the person he purported to be by verifying his Facebook account.


The fact that Delaware was included in the cache sent to the US government indicates that real people are being swept up in Twitter"s investigation into how Russia used its platform to influence US politics. Delaware"s Twitter account is now part of the Congressional record as being linked to a Russian troll farm - even though he has no apparent ties to it.


A Google cache as well as several news articles which aggregated his tweets show that Delaware talked about the journalist Don Lemon, a Microsoft chatbot, and used the hashtag #1980sin4words on Twitter. According to a Google cache, his bio said "I support the free movement of people, ideas and capital."


The cached version of his Twitter account shows Delaware tweeted about current events, as well as mundane events like having a cold. A screenshot from the Internet Archive also shows that he was tweeting about similar topics in 2012.



According to an email from Twitter to Delaware reviewed by Motherboard, Delaware"s account was suspended two weeks ago, on October 17.


Delaware"s life is far from connected to Russian propaganda efforts. He is a United States citizen and was born in California. In 2010, he moved to the country Georgia, and now resides there with a Georgian woman. He works as a commercial actor and an English instructor. He mainly used his Twitter account to tweet about books, movies, and television shows, he told me.


Delaware"s account was the oldest included in the ones Twitter provided to US lawmakers, according to a security expert Motherboard spoke to that asked to remain anonymous citing professional concerns. Twitter assigns a unique ID number to each person when they join the network. Delaware"s was 18710816. The number is an indication of the age of an account; you can use this website for example to calculate your own.


Other security researchers noticed the age of some of the accounts as well:



We don"t know for certain why Delaware"s account was banned or why it was on the list delivered to US lawmakers, and Twitter declined to tell me.








"We are confident in the methodology described in our written testimony to surface accounts associated with the Internet Research Agency.


 


We encourage all Twitter users to take steps to reinforce security on their accounts, including enabling two-factor authentication, and to file a support request if they believe their account may have been compromised," a Twitter spokesperson told me in an email.



Delaware believes that his account might have been mistakenly connected to Russia for two reasons.


For one, he lives in Georgia, which shares its northern border with Russia. For nearly seven years, he has tweeted from the country in which he lives. Delaware told me that he rarely tweeted about his intellectual pursuits (like filing FOIA requests) nor politics.


The second reason involves a Russian-created hoax from 2014. On September 11 of that year, Russian trolls spread a false rumor online about an explosion at the "Columbian Chemicals plant" in St. Mary Parish, Louisiana. The "Columbian Chemicals plant" doesn"t exist. The trolls used text messages, YouTube, Wikipedia, Facebook, and Twitter to try and spread their hoax.


Almost a year later, journalist Adrian Chen published an extensive article in the New York Times connecting the hoax to a now-notorious Russian propaganda outfit, the Internet Research Agency. The accounts Twitter handed over to US lawmakers are believed to be connected to the same outfit.


On the day the trolls attempted to spread their explosion hoax, Twitter was flooded with hundreds of fake accounts tweeting under the hashtag #ColumbianChemicals, according to Chen"s reporting.


Robert Delaware was one of the people using the hashtag that day. Not because he was a bot trying to spread a hoax, but because he knew the explosion was fake, he told me. "I immediately suspected it as a hoax. I tweeted to DHS [Department of Homeland Security] saying something like, "what is this, please investigate,"" Delaware told me in a Twitter direct message from another account he has, @iPad_App_Bugs, where he documents minor iOS bugs that he finds. Delaware has had that account since 2016, but began using it more after @RobbyDelaware was suspended.


Delaware even communicated with Chen. The journalist confirmed with Motherboard that he was contacted by Delaware in a Twitter message. "I think I emailed him because he tweeted about [the hoax]," Chen told me. "And he emailed me back. I think we talked on the phone. He seemed fine."


After his account was suspended, Delaware tried a variety of methods to try and get it back, or at least figure out why he was banned in the first place. He opened a case with Twitter Support asking for information about his account, and he sent messages to various Twitter email accounts, according to messages Motherboard reviewed.


"I went to the thing where I entered in my account, and asked for support," Delaware told me. "I even cc"d other emails I found on the site. I searched on the internet, and someone on a blog wrote that Twitter has zero human customer support. That is why I cc"d advertising and jobs emails associated with Twitter."


In addition to @iPad_App_Bugs, Delaware also runs an account where he shares photos of his adopted country, Georgia. There, he sent a public plea to Twitter"s CEO Jack Dorsey for help with his banned account:



As of Thursday, Twitter had not gotten back to Delaware, he said. Twitter did not immediately respond to a followup request for comment about why Delaware"s support case has yet to be addressed.








"Still puzzled as to how I entered into the Congressional record," he told me. "I would guess I am the only actual human who ended up on this list."











Sunday, October 29, 2017

Mutual Assured Destruction

Authored by Philip Giraldi via The Strategic Culture Foundation,


Sometimes it is possible to read or view something that completely changes the way one looks at things. I had that experience last week when I read an article at Lobelog entitled “A Plea for Common Sense on Missile Defense,” written by Joe Cirincione, a former staffer on the House Armed Services Committee who now heads the Ploughshares Fund, which is a Washington DC based global foundation that seeks to stop the spread of nuclear, chemical and biological weapons.


The article debunks much of the narrative being put out by the White House and Pentagon regarding missile defense. To be sure, it is perfectly reasonable to mistrust anything that comes out of the federal government justifying war given its track record going back to the War of 1812. And the belligerent posture of the United States towards Iran and North Korea can well be condemned based on its own merits, threatening war where there are either no real interests at stake or where a diplomatic solution has for various reasons been eschewed.


But the real reason why the White House gets away with saber rattling is historical, that the continental United States has not experienced the consequences of war since Pancho Villa invaded in 1916. This is a reality that administration after administration has exploited to do what they want when dealing with foreign nations: whatever happens “over there” will stay “over there.”


Americans consequently do not know war except as something that happens elsewhere and to foreigners, requiring only that the U.S. step in on occasion and bail things out, or screw things up depending on one’s point of view. This is why hawks like John McCain, while receiving a “Liberty” award from Joe Biden, can, with a straight face, get away with denouncing those Americans who have become tired of playing at being the world’s policeman. He describes them as fearful of “the world we have organized and led for three-quarters of a century, [abandoning] the ideals we have advanced around the globe, [refusing] the obligations of international leadership and our duty to remain ‘the last best hope of earth’ for the sake of some half-baked, spurious nationalism.”


McCain’s completely fatuous account of recent world history befits a Navy pilot who was adept at crashing his planes and almost sank his own aircraft carrier. He also made propaganda radio broadcasts for the North Vietnamese after he was captured. The McCain globalist-American Exceptionalism narrative is also, unfortunately, echoed by the media. The steady ingestion of lies and half-truths is why the public puts up with unending demands for increased defense spending, accepting that the world outside is a dangerous place that must be kept in line by force majeure. Yes, we are the good guys.


But underlying the citizenry’s willingness to accept that the military establishment should encircle the globe with foreign bases to keep the world “safe” is the assumption that the 48 States are invulnerable, isolated by broad oceans and friendly nations to the north and south. And protected from far distant threats by technology, interceptor systems developed and maintained at enormous expense to intercept and shoot down incoming ballistic missiles launched by enemies overseas.


In a recent speech, relating to the North Korean threat, President Donald Trump boasted that the United States anti-missile defenses are 97% effective, meaning that they can intercept and destroy incoming projectiles 97 times out of a 100. Trump was seeking to assure the public that whatever happens over in Korea, it cannot have an undesirable outcome over here in the continental United States nor, apparently, in Hawaii, Alaska and overseas possessions like Guam, all of which are shielded under the anti-missile defense umbrella. Trump was undoubtedly referring to, even if he was ignorant of many of the specifics, the Ground Based Midcourse Defense (GMD) installations in Alaska and Hawaii, which are part of the existing $330 billion missile defense system.


It is certainly comforting to learn that the United States cannot be physically attacked with either nuclear or conventional weapons no matter what our government does overseas, but is it true? What if the countermeasures were somewhat closer to 0% effective? Would that change the thinking about going to war in Korea? Or about confronting Russia in Eastern Europe? And for those who think that a nuclear exchange is unthinkable it would be wise to consider the recent comments by Jack Keane of the aptly named Institute for the Study of War, a leading neoconservative former general who reportedly has the ear of the White House and reflects its thinking on the matter. Keane is not hesitant to employ the military option against Pyongyang and he describes a likely trigger for a U.S. attack to take out its nuclear facilities or remove “leadership targets” as the setting up of a ballistic missile in North Korea with a nuclear warhead mounted on top “aimed at America.” Some observers believe that North Korea is close to having the ability to reduce the size of its nukes to make that possible and, if Keane is to be believed, it would be considered an “act of war” which would trigger an immediate attack by Washington. And a counter attack by Pyongyang.


The claim of 97% reliability for the U.S.’s anti-missile defenses is being challenged by Cirincione and others, who argue that the United States can only “shoot down some…missiles some of the time.” They make a number of arguments that are quite convincing, even to a layman who has no understanding of the physics involved. I will try to keep it simple.


First of all, an anti-missile interceptor must hit its target head on or nearly so and it must either actually strike the target or explode its own warhead at a close enough distance to be effective. Both objectives are difficult to achieve. An Intercontinental Ballistic Missile (ICBM) travels at 5,000 meters per second. By way of comparison a bullet fired from a rifle travels at about one fifth that speed. Imagine two men with rifles standing a mile apart and firing their weapons in an attempt to have the bullets meet head on. Multiply the speed by five if one is referring to missiles, not bullets. Even using the finest radars and sensors as well as the most advanced guidance technologies, the variables involved make it much more likely that there will be a miss than a hit. Cirincione observes that “…the only way to hit a bullet is if the bullet cooperates.”


Second, the tests carried out by the Pentagon to determine reliability are essentially fraudulent. Contrary to the Donald Trump comment, the 97% accuracy is an extrapolation based on firing four anti-missile missiles at a target to make up for the fact that in the rigged tests a single interceptor has proven to be closer to only 56% accurate, and that under ideal conditions. This statistic is based on the actual tests performed since 1999 in which interceptors were able to shoot down 10 of 18 targets. The conclusion that four would result in 97% derives from the assumption that multiple interceptors increases the accuracy but most engineers would argue that if one missile cannot hit the target for any number of technical shortcomings it is equally likely that all four will miss for the same reason.


The tests themselves are carefully scripted to guarantee success. They take place in daylight, preferably at dusk to ensure maximum visibility, under good weather conditions, and without any attempt made by the approaching missile to confuse the interceptor through the use of electronic countermeasures or through the ejection of chaff or jammers, which would certainly be deployed. The targets in tests have sometimes been heated to make them easier to find and some have had transponders attached to make them almost impossible to miss. As a result, the missile interceptor system has never been tested under realistic battlefield conditions.


Even the federal government watchdog agencies have concluded that the missile interception system seldom performs. The Government Accountability Office concluded that flaws in the technology, which it describes as “failure modes,” mean that America has an “interceptor fleet that may not work as intended, prompting one Californian congressman John Garamendi to observe that “I think the answer is absolutely clear. It will not work. Nevertheless, the momentum of the fear…of the investments…[of] the momentum of the industry, it carries forward.”


The Operational Test and Evaluation Office of the Department of Defense has also been skeptical, reporting that the GMD in Alaska and Hawaii has only “…a limited capability to defend the U.S. Homeland from small numbers of simple intermediate range or intercontinental ballistic missile threats launched from North Korea…the reliability and availability of the operational [interceptors] are low.”


The dangerous overconfidence being demonstrated by the White House over the ability to intercept a North Korean missile attack might indeed be in some part a bluff, designed to convince Pyongyang that it if initiates a shooting war it will be destroyed while the U.S. remains untouched. But somehow, with a president who doesn’t do subtle very well, I would doubt that to be the case. And the North Koreans, able to build a nuclear weapon and an ICBM, would surely understand the flaws in missile defense as well as anyone.


But the real danger is that it is the American people that is being fooled by the Administration. War is thinkable, even nuclear war, if one cannot be touched by it, a truism that has enabled the sixteen-year- long and counting “global war on terror.” If that is the message being sent by the White House, it would encourage further reckless adventurism on the part of the national security state. Far better to take the North Korean threat seriously and admit that a west coast city like Seattle could well become the target of a successful nuclear weapon attack.



That would demonstrate that war has real life consequences and the unfamiliar dose of honesty would perhaps result in a public demand to seriously negotiate with Pyongyang instead of hurling threats in speeches at the United Nations and on Capitol Hill.