Criminogenic-Producing or Intended to Produce Crime and Criminality

“There is no more low- hanging fruit out there - all the low-hanging fruit is gone. Difficult structural reforms are what lie ahead.” said IMF Greece mission head Poul Thomsen

In a letter obtained by Reuters Friday, the Federation of Greek Police accused the officials of "...blackmail, covertly abolishing or eroding democracy and national sovereignty" and said one target of its warrants would be the IMF's top official for Greece, Poul Thomsen.
"Since you are continuing this destructive policy, we warn you that you cannot make us fight against our brothers. We refuse to stand against our parents, our brothers, our children or any citizen who protests and demands a change of policy," said the union, which represents more than two-thirds of Greek policemen.
"We warn you that as legal representatives of Greek policemen, we will issue arrest warrants for a series of legal violations ... such as blackmail, covertly abolishing or eroding democracy and national sovereignty."

16.09 The Greek police federation Poasy is now offering a bounty of €1 for each of the mission chiefs from the troika, dubbing them, quite poetically, as the "undertakers of our people's dreams". Obviously they think that the Greek people don't need much of a financial incentive to assist in bringing them in...
Quote For two years, the national federation of police officers has warned you that the policies you dictate and demand to be implemented at gunpoint will explode social cohesion and kill off any hope to restore the Greek economy. We will ask for the immediate issue of arrest warrants


Ignorant Elitist Media and State Dept. Pricks Abound

BAGHDAD — Less than two months after American troops left, the State Department is preparing to slash by as much as half the enormous diplomatic presence it had planned for Iraq
[t]he Americans have been frustrated by Iraqi obstructionism and are now largely confined to the embassy because of security concerns, unable to interact enough with ordinary Iraqis to justify the $6 billion annual price tag.


How Did the BLS Arrive at the Figure of 243,000K New Jobs Created in January?

Total non-farm employment in the U.S., before seasonal adjustments, fell by 2,689,000 jobs in January. However, because it's typical for the economy to lose a large number of jobs after the holidays, largely in retail trade, construction, and manufacturing, the BLS estimated that the "normal" seasonal decline in employment should have been 2,932,000 jobs in January. The difference between the two numbers, of course, was 243,000 jobs, which was reported as an increase in employment. The fact that the size of the seasonal adjustment was more than 12 times the number of reported jobs, and more than 30 times the "beat" in economists' expectations, should provoke at least some hesitation in taking the number at face value.

Notably, the January 2011 and 2012 seasonal adjustment factors ( seasonally adjusted payrolls divided by unadjusted payrolls) have been the two largest factors used by the BLS since the 1960's, at 1.0166 and 1.0165, respectively. This compares with a January seasonal factor of 1.0155 a decade ago, and a factor of 1.0152 as recently as 2009. Now, a range of 0.0014 in the seasonal factors for January may not seem like much, until you consider that non-seasonally adjusted payrolls are presently about 130 million jobs, so variation in the seasonal adjustment factor alone amounts to a difference of 182,000 reported jobs. I'm not suggesting there's anything nefarious going on here, it's just that part of what we're seeing here is most likely a statistical artifact of the adjustment process.


Promoting Democracy?

View from the propoganda based US MSM:
CAIRO — The Egyptian authorities have referred 19 Americans and two dozen others to face criminal trials, the state media reported Sunday. The move is part of a politically charged investigation into the foreign financing of nonprofit groups that has shaken the 30-year alliance between the United States and Egypt.
The International Republican Institute and its sister organization, the National Democratic Institute, are independent nonprofit groups, with close ties to the Congressional leadership, that promote democracy in countries around the world.

Now, the rest of the story...

Criminogenic-Producing or Intended to Produce Crime and Criminality

The NY Times has discovered that the Banks that were rescued by the public have turned into serial fraud offenders. JP Morgan is near the top of their ranks, with Goldman Sachs and Bank of America not far behind.   Only Citigroup seems to have fallen out of favor.
Obama talks a good game, and presents a moral face through the media, but an examination of his actions and his record shows that his administration serves the monied interests to the detriment of the public interest. In many cases they are merely following the same practices begun in the Clinton Administration and carried on by Bush.  It is a bad situation indeed when the 'reformer' elected by the people has failed to reform. 

He may not be as brazen and open as his Republican opponents in promoting the interests of the Wall Street, perhaps, and certainly is not as favorable to Big Oil, but the corruption of justice for all in American politics seems to have become pervasive over the last fifteen years.

WASHINGTON — Even as the Securities and Exchange Commission has stepped up its investigations of Wall Street in the last decade, the agency has repeatedly allowed the biggest firms to avoid punishments specifically meant to apply to fraud cases.

By granting exemptions to laws and regulations that act as a deterrent to securities fraud, the S.E.C. has let financial giants like JPMorganChase, Goldman Sachs and Bank of America continue to have advantages reserved for the most dependable companies, making it easier for them to raise money from investors, for example, and to avoid liability from lawsuits if their financial forecasts turn out to be wrong.

An analysis by The New York Times of S.E.C. investigations over the last decade found nearly 350 instances where the agency has given big Wall Street institutions and other financial companies a pass on those or other sanctions. Those instances also include waivers permitting firms to underwrite certain stock and bond sales and manage mutual fund portfolios.