secrecy

Delaware beats Switzerland as most secretive financial center

As a testiment to Delaware's secrecy, I barely knew it existed.

Reuters:

Move over Switzerland. The tiny state of Delaware beats the Alpine country in a contest for the most secretive financial jurisdiction, a tax justice rights group said on Saturday.

The United States, led by the eastern seaboard state, took in $2.6 trillion in deposits from non-resident corporations and individuals in 2007, according to a survey of financial jurisdictions analyzed by the Tax Justice Network.

In Country 09

5

Blazing Hyperion struck his palm and enveloped the car as we burned east towards it. The light coming over the horizon and slapped me in the face as it pounded into the windshield. Long lazy miles behind us was the border into Utah from Nevada. Las Vegas, that city of lies, was fading as an object of desire in my mind. There was still a twinge back.

Maybe even now, I need.

Freedom Marching On At Home

I didn't see this around the blogs, but it is bad:

Recipients of "Leaks" May Be Prosecuted, Court Rules
In a momentous expansion of the government's authority to regulate public disclosure of national security information, a federal court ruled that even private citizens who do not hold security clearances can be prosecuted for unauthorized receipt and disclosure of classified information.

The ruling (pdf) by Judge T.S. Ellis, III, denied a motion to dismiss the case of two former employees of the American Israel Public Affairs Committee (AIPAC) who were charged under the Espionage Act with illegally receiving and transmitting classified information.

The decision is a major interpretation of the Espionage Act with implications that extend far beyond this particular case.

"Inflection"

You guys all know that economics make my head hurt, but this seemed pretty important.

Bottom line

  Read more…

What Did Mussolini Call It Again?

I think it starts with an "F." I'm sure duct tape manufacturers will be included:

By Dawn Kopecki
President George W. Bush has bestowed on his intelligence czar, John Negroponte, broad authority, in the name of national security, to excuse publicly traded companies from their usual accounting and securities-disclosure obligations. Notice of the development came in a brief entry in the Federal Register, dated May 5, 2006, that was opaque to the untrained eye.

Hookers Take Credit Cards

So when I read about stuff like this, all I want to do is laugh/cry at the idea that I'm supposed to be paranoid and afraid. Really, this is our money they're spending, and when they're not sifting through 50,000 of today's phone calls about what to order on the pizza and how Aunt Millie's corns are bothering her again, they're off chasing cheap women in grungy brothels in Central America? I'm supposed to be impressed?

That said, this is bad:

By Drew Brown
Knight Ridder Newspapers

WASHINGTON - Classified military spending has reached its highest level since 1988, near the end of the Cold War, a new independent analysis has found.

Classified, or "black," programs now appear to account for about $30.1 billion, or 19 percent, of the acquisition money the Defense Department is requesting for fiscal year 2007, according to Steven M. Kosiak, a defense analyst at the Center for Strategic and Budgetary Assessments in Washington, an independent policy-research organization.

The figure is more than double the amount the Pentagon requested in 1995, when classified military acquisition spending reached a post-Cold War low.

It's Getting Closer

You all already know this, but it's still a chilling litany:

State Secrets Privilege Shuts Courthouse Doors
The state secrets privilege has been invoked by the Bush Administration with greater frequency than ever before in American history in a wide range of lawsuits that the government says would threaten national security if allowed to proceed.

In virtually every case, the use of the privilege leads to dismissal of the lawsuit and forecloses the opportunity for an injured party to seek judicial relief.

Most recently, a lawsuit brought by Khaled El-Masri, a German citizen who alleged that he was kidnapped by the CIA and tortured over a five month period, was dismissed (pdf) after the CIA invoked the "state secrets" privilege.

The dismissal was not based on a finding that the allegations against the CIA were false.

"It is in no way an adjudication of, or comment on, the merit or lack of merit of El-Masri's complaint," wrote Judge T.S. Ellis, III in a May 12 order.

In fact, "It is worth noting that ... if El-Masri's allegations are true or essentially true, then all fair-minded people... must also agree that El-Masri has suffered injuries as a result of our country's mistake and deserves a remedy," he wrote in the order dismissing the case.

"Yet, it is also clear from the result reached here that the only sources of that remedy must be the Executive Branch or the Legislative Branch, not the Judicial Branch," he suggested.

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