This is the secret memo by South Africa‘s military chief of staff, General RF Armstrong, asking for nukes on the Jericho missiles. It has been revealed before, but its context was not understood. We now know the memo was the direct result of a meeting between PW Botha and Shimon Peres, and the basis of Botha’s demand for nukes. This memo was uncovered by Peter Liberman and published in the Nonproliferation Review.
This cover page of an ISSA (ISrael-South Africa agreement) meeting in Pretoria between Israeli and South African officials on 30 June 1975 establishes the presence of General Armstrong, who wrote the nuclear memo.
This document details the another ISSA meeting during which Botha says he needs the ‘right payload’ and Peres offers it in ‘three sizes’ (paragraph 10).
Taking Back the Money Power
We have too long delegated the power to create our money and our credit to private profiteers, who have plundered and exploited the privilege in ways that are increasingly being exposed in the media. Wall Street may own Congress, but it does not yet own the states. We can take the money power back at the state level, by setting up our own publicly-owned banks. We can “spend” our money while conserving it, by leveraging it into the credit urgently needed to get the wheels of local production turning once again.
May 18 (Bloomberg) — A telephone call between a financial adviser in Beverly Hills and a trader in New York was all it took to fleece taxpayers on a water-and-sewer financing deal in West Virginia. The secret conversation was part of a conspiracy stretching across the U.S. by Wall Street banks in the $2.8 trillion municipal bond market.
The call came less than two hours before bids were due for contracts to manage $90 million raised with the sale of West Virginia bonds. On one end of the line was Steven Goldberg, a trader with Financial Security Assurance Holdings Ltd. On the other was Zevi Wolmark, of advisory firm CDR Financial Products Inc. Goldberg arranged to pay a kickback to CDR to land the deal, according to government records filed in connection with a U.S. Justice Department indictment of CDR and Wolmark.
West Virginia was just one stop in a nationwide conspiracy in which financial advisers to municipalities colluded with Bank of America Corp., Citigroup Inc., JPMorgan Chase & Co., Lehman Brothers Holdings Inc., Wachovia Corp. and 11 other banks.
They rigged bids on auctions for so-called guaranteed investment contracts, known as GICs, according to a Justice Department list that was filed in U.S. District Court in Manhattan on March 24 and then put under seal. Those contracts hold tens of billions of taxpayer money.
California to Pennsylvania
The workings of the conspiracy — which stretched from California to Pennsylvania and included more than 200 deals involving about 160 state agencies, local governments and non- profits — can be pieced together from the Justice Department’s indictment of CDR, civil lawsuits by governments around the country, e-mails obtained by Bloomberg News and interviews with current and former bankers and public officials.
“The whole investment process was rigged across the board,” said Charlie Anderson, who retired in 2007 as head of field operations for the Internal Revenue Service’s tax-exempt bond division. “It was so commonplace that people talked about it on the phones of their employers and ignored the fact that they were being recorded.”
Anderson said he referred scores of cases to the Justice Department when he was with the IRS. He estimates that bid rigging cost taxpayers billions of dollars. Anderson said prosecutors are lining up conspirators to plead guilty and name names.
“This will go on for a long time and a lot of people will be indicted,” he said in a telephone interview.
Israel Blocks Noam Chomsky from Entering West Bank to Deliver Speech
On Sunday afternoon, Noam Chomsky was stopped by Israeli border guards at the Allenby Bridge border crossing from Jordan. After over three hours of questioning, Chomsky’s passport was stamped with “Denied Entry.” He was scheduled to deliver a lecture at Bir Zeit University near Ramallah and was scheduled to meet with Palestinian Prime Minister Salam Fayyad. No reason was initially given for the decision, but the Interior Ministry later told Israeli newspaper Ha’aretz that officials were now trying to get clearance from the Israel Defense Forces. Noam Chomsky joins us now from Amman, Jordan. [includes rush transcript]
(starts about 11 minutes into the program)