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Meet The NSAC – The US Government’s Shadow Spy Agency

Meet The NSAC – The US Government’s Shadow Spy Agency

Just when you thought you knew what the government’s spy state was up to – thanks to Ed Snowden’s heroics – along comes the National Security Analysis Cneter (NSAC)As PhaseZero exposes, they are not who you think they are. They are not the NSA or the CIA. The NSAC is an obscure element of the Justice Department that has grown from its creation in 2008 into a sprawling 400-person, $150 million-a-year multi-agency organization employing almost 300 analysts “for the purpose of monitoring the electronic footprints of terrorists and their supporters, identifying their behaviors, and providing actionable intelligence.”Read that again “and their supporters.” As PhaseZero concludes, this shadow government agency is considerably scarier than the NSA.

If you have a telephone number that has ever been called by an inmate in a federal prison, registered a change of address with the Postal Service, rented a car from Avis, used a corporate or Sears credit card, applied for nonprofit status with the IRS, or obtained non-driver’s legal identification from a private company, they have you on file.

They are not who you think they are. As Gawker’s Phase Zero reports, they are not the NSA or the CIA. They are the National Security Analysis Center (NSAC), an obscure element of the Justice Department that has grown from its creation in 2008 into a sprawling 400-person, $150 million-a-year multi-agency organization employing almost 300 analysts, the majority of whom are corporate contractors.

The Center has its roots in the Foreign Terrorist Tracking Task Force (FTTTF), a small cell established in October 2001 to look for additional 9/11-like terrorists who might have entered the United States. But with the emergence of significant “homegrown” threats in the late aughts, the Task Force’s focus was thought to be too narrow.

 

…click on the above link to read the rest of the article…

 

 

 

Gen. Petraeus: Too Big to Jail

Gen. Petraeus: Too Big to Jail

From the Archive: Retired Gen. David Petraeus confessed on Thursday to giving sensitive government secrets to his mistress and then lying about it to the FBI, but will get no jail time, only two years probation and a fine, showing that he is too big to jail, as ex -CIA analyst Ray McGovern predicted in March.

By Ray McGovern (Originally published on March 5, 2015)

The leniency shown former CIA Director (and retired General) David Petraeus by the Justice Department in sparing him prison time for the serious crimes that he has committed puts him in the same preferential, immune-from-incarceration category as those running the financial institutions of Wall Street, where, incidentally, Petraeus now makes millions. By contrast, “lesser” folks – and particularly the brave men and women who disclose government crimes – get to serve time, even decades, in jail.

Petraeus is now a partner at KKR, a firm specializing in large leveraged buyouts, and his hand-slap guilty plea to a misdemeanor for mishandling government secrets should not interfere with his continued service at the firm. KKR’s founders originally worked at Bear Stearns, the institution that failed in early 2008 at the beginning of the meltdown of the investment banking industry later that year.

 

Gen. David Petraeus in a photo with his biographer/mistress Paula Broadwell. (U.S. government photo)

Despite manifestly corrupt practices like those of subprime mortgage lenders, none of those responsible went to jail after the 2008-09 financial collapse which cost millions of Americans their jobs and homes. The bailed-out banks were judged “too big to fail” and the bankers “too big to jail.”

 

…click on the above link to read the rest of the article…

Justice Department Rolls Out An Early Form Of Capital Controls In America

Justice Department Rolls Out An Early Form Of Capital Controls In America

Something stunning took place earlier this week, and it quietly snuck by, unnoticed by anyone as the “all important” FOMC meeting was looming. That something could have been taken straight out of the playbook of either Cyprus, or Greece, or the USSR “evil empire”, or all three.

This is how the WSJ explained it:

The U.S. Justice Department’s criminal head said banks may need to go beyond filing suspicious activity reports when they encounter a risky customer“The vast majority of financial institutions file suspicious activity reports when they suspect that an account is connected to nefarious activity,” said assistant attorney general Leslie Caldwell in a Monday speech, according to prepared remarks. “But, in appropriate cases, we encourage those institutions to consider whether to take more action: specifically, to alert law enforcement authorities about the problem.”

The remarks indicate that banks may be expected to do more than just file SARs, a responsibility that itself can be expensive and time-consuming.

Some banks already have close relationships with law enforcement, said Kevin Rosenberg, chair of Goldberg Lowenstein & Weatherwax LLP’s government investigation and white collar litigation group. Ms. Caldwell’s remarks “speak to moving forward in a more collaborative way,” said Mr. Rosenberg.

A tip-off from a bank about a suspicious customer could lead law enforcement to seize funds or start an investigation, Ms. Caldwell said.

…click on the above link to read the rest of the article…

 

 

S.&P. Nears Settlement With Justice Over Inflated Ratings

S.&P. Nears Settlement With Justice Over Inflated Ratings

On television and in the courtroom, Standard & Poor’s has waged war against a Justice Department lawsuit. But behind the scenes, the giant bond-ratings agency wants nothing more than to buy peace.

After S.&P. mounted a two-year campaign to defeat civil fraud charges — portraying them as retaliation for cutting the credit rating of the United States — the ratings agency is now negotiating with the Justice Department to settle the case, according to people briefed on the matter.

For S.&P., which is accused of awarding inflated credit ratings to mortgage investments that spurred the financial crisis, the delay in settling may prove costly. The Justice Department and more than a dozen state attorneys general are demanding that S.&P. pay more than $1 billion to settle the case, the people briefed on the matter said, a penalty large enough to wipe out the rating agency’s entire operating profit for a year.

If S.&P. capitulates to the government’s financial demands — and it has privately signaled a willingness to do so, the people said — the settlement would support the conclusion that it is futile to fight government fines.

…click on the above link to read the rest of the article…

 

Talking to James Risen About “Pay Any Price,” the War on Terror and Press Freedoms – The Intercept

Talking to James Risen About “Pay Any Price,” the War on Terror and Press Freedoms – The Intercept.

Jim Risen, who won the Pulitzer Prize in 2005 for exposing the NSA warrantless eavesdropping program, has long been one of the nation’s most aggressive and adversarial investigative journalists. Over the past several years, he has received at least as much attention for being threatened with prison by the Obama Justice Department (ostensibly) for refusing to reveal the source of one of his stories, a persecution that, in reality, is almost certainly the vindictive by-product of the U.S. Government’s anger over his NSA reporting.

He has published a new book on the War on Terror entitled “Pay Any Price: Greed, Power and Endless War.” There have been lots of critiques of the War on Terror on its own terms, but Risen’s is one of the first to offer large amounts of original reporting on what is almost certainly the most overlooked aspect of this war: the role corporate profiteering plays in ensuring its endless continuation, and how the beneficiaries use rank fear-mongering to sustain it.

…click on the above link to read the rest of the article…

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