position:banker

  • Betrogene Kutscher in New York - Artikelsammlung


    2014 koste eine Taxikonzession in New York mehr als eine Million Dollar

    Wie Kredite New York’s Taxifahrer ruinierten
    https://seenthis.net/messages/784212

    Taxi loan abuses part of a broader pattern in New York | American Banker
    https://seenthis.net/messages/784207

    How New York could respond to the taxi medallion lending crisis | CSNY
    https://seenthis.net/messages/784206

    How We Investigated the New York Taxi Medallion Bubble - The New York Times
    https://seenthis.net/messages/784205

    Opinion | How New York Taxi Drivers Got Mired in Debt - The New York Times
    https://seenthis.net/messages/784204

    Taxi Industry Leaders Got Rich. Drivers Paid the Price. - The New York Times
    https://seenthis.net/messages/784203

    De Blasio calls for probe of taxi lenders
    https://seenthis.net/messages/784200

    Inquiries Into Reckless Loans to Taxi Drivers Ordered by State Attorney General and Mayor - The New York Times
    https://seenthis.net/messages/784199

    Bad loans were killing the taxi industry long before Uber and Lyft: report
    https://seenthis.net/messages/784197

    As Thousands of Taxi Drivers Were Trapped in Loans, Top Officials Counted the Money - The New York Times
    https://seenthis.net/messages/784196

    ‘They Were Conned’: How Reckless Loans Devastated a Generation of Taxi Drivers - The New York Times
    https://seenthis.net/messages/784193

    Und zum Abschluß etwas Lustigeres aus New York:

    NYCTAXINEWS/CURRENT NEWS
    https://seenthis.net/messages/784190

    #USA #New_York #Taxi #Betrug #Ausbeutung

  • Taxi loan abuses part of a broader pattern in New York | American Banker
    https://www.americanbanker.com/opinion/taxi-loan-abuses-part-of-a-broader-pattern-in-new-york

    An investigation by The New York Times earlier this week suggested that the massive collapse in New York City taxi medallion prices since 2014 was not primarily the result of new competition from Uber and Lyft. Instead it was the inevitable outcome of unsustainable lending practices.

    Low-paid cab drivers who dreamed of becoming their own bosses took out loans that required them to pay $1 million or more. The payments often covered only the interest that borrowers owed, and interest rates spiked if the loans were not repaid within a few years. From the lenders’ standpoint, the loans only made sense as long as medallion prices continued to rise.

    Cabbies, many of them immigrants, suffered harsh consequences after taking out loans with terms they did not fully understand.

    Cab drivers who dreamed of becoming their own bosses took out loans that required them to pay $1 million or more.

    Since the articles were published, various politicians have floated potential responses that are narrowly targeted at taxi medallion lending.

    New York City Mayor Bill de Blasio ordered a probe of taxi loan brokers. Other local officials suggested that the city should buy onerous loans at discounted prices and then forgive much of the debt.

    Sen. Charles Schumer, D-N.Y., asked the National Credit Union Administration to conduct a review of supervisory practices at institutions that engage in taxi medallion lending.

    But taxi drivers are not the only businesspeople who regularly get deceived by unscrupulous lenders. So do contractors, restaurateurs and the owners of various other kinds of struggling small businesses. Many high-cost business lenders are based in New York, where unusually favorable laws provide a haven to these companies.

    Some aspects of the New York City taxi loan market were unique. For example, local officials had a vested interest in keep medallion prices high, since the city was generating revenue from the proceeds of sales. Indeed, the Times showed that government officials enabled lending that has put many borrowers in dire straits.

    “The City of New York, more or less, is our partner,” Andrew Murstein, president of Medallion Financial, said in a 2011 interview.

    But in other ways, the loans to cab drivers resembled deceptively marketed loans that have ensnared a wide variety of cash-strapped small-business owners.

    Because the New York City taxi loans were classified as business loans, rather than consumer loans, they did not have to include standard disclosures regarding interest rates. They often included large fees and terms that unsophisticated borrowers did not understand.

    And according to the Times, some taxi medallion lenders used a tool that under New York law offers a uniquely powerful way to collect on business debt. Lenders in the Empire State can require applicants for small-business loans to sign a document called a confession of judgment, which prevents them from contesting any subsequent allegation that they have fallen behind on their payments.

    A Bloomberg News investigation last year found that merchant cash advance companies, which offer high-cost financing to small businesses across the country, have at times abused New York’s court system by forging documents and lying about how much money they are owed in order to obtain speedy judgments that cannot be contested by the borrower.

    Small businesses that use merchant cash advances are required to make daily payments based on a percentage of their daily revenue. The merchant cash advance firms avoid complying with New York’s strict usury rules by classifying their financing not as a loan, but rather as a purchase of the company’s future credit card receipts.

    The Bloomberg articles also chronicled the role of New York City marshals — mayoral appointees who enforce the court judgments, get a cut of the proceeds, and have been accused in some cases of improperly seeking to collect money outside of the city.

    As evidence of business lending abuses in New York has mounted, little change has occurred at the state level, though there does appear to be a growing appetite for reform.

    Last year, the New York State Department of Financial Services argued in a report that borrower protection laws and regulations should apply equally to all consumer lending and small-business lending activities.

    The Bloomberg investigation reportedly sparked probes by the New York attorney general’s office and the Manhattan district attorney’s office. On Thursday, Bloomberg reported that the Federal Trade Commission has also opened an investigation of potentially unfair or deceptive practices in the merchant cash advance industry.

    The loan practices that hurt taxi drivers are part of a broader pattern in New York, which has become the nation’s capital for predatory business lending. It remains to be seen whether state lawmakers and regulators will connect the dots.

    Bankshot is American Banker’s column for real-time analysis of today’s news.

    #USA #New_York #Taxi #Betrug #Ausbeutung

  • The Complete Mercenary
    https://theintercept.com/2019/05/03/erik-prince-trump-uae-project-veritas

    How Erik Prince Used the Rise of Trump to Make an Improbable Comeback When Erik Prince arrived at the Four Seasons resort in the Seychelles in January 2017 for his now-famous meetings with a Russian banker and UAE ruler Mohammed bin Zayed, he was in the middle of an unexpected comeback. The election of Donald Trump had given the disgraced Blackwater founder a new opportunity to prove himself. After years of trying and failing to peddle a sweeping vision of mercenary warfare around the (...)

    #militarisation #activisme #sécuritaire #US_Defense_Intelligence_Agency_(DIA) #CIA #manipulation #écoutes #web #surveillance (...)

    ##US_Defense_Intelligence_Agency__DIA_ ##malware

  • Ry Cooder - No Banker Left Behind (2011)
    https://www.youtube.com/watch?v=LxaY_mxYflg

    My telephone rang one evening my buddy called for me
    Said the bankers are all leaving better you come ’round and see
    It’s a startling revelation they robbed the nation blind
    They’re all down at the station no banker left behind

    No banker no banker no banker could I find
    They were all down at the station no banker left behind

    Well the bankers called a meeting to the White House they went one day
    They was going to call on the President in a quiet and a sociable way
    And the afternoon was sunny and the weather it was fine
    They counted out our money and no banker was left behind

    No banker no banker no banker could I find
    They were all down at the White House no banker was left behind

    Well I hear the whistle blowing it plays a happy tune
    The conductor’s calling all aboard we’ll be leaving soon
    With champagne and shrimp cocktails and that’s not all you’ll find
    There’s a billion dollar bonus and no banker left behind

    No banker no banker no banker could I find
    When the train pulled out next morning no banker was left behind
    No banker no banker no banker could I find
    When the train pulled out next morning no banker was left behind
    No banker no banker no banker could I find
    When the train pulled out next morning no banker was left behind
    No banker no banker no banker could I find
    When the train pulled out next morning no banker was left behind

    Leyla McCalla - The Capitalist Blues (2018)
    https://www.youtube.com/watch?v=o6kHnUXHOo0

    You keep telling me
    To climb this ladder
    I’ve got to pay my dues
    But as I rise
    The stakes get higher
    I’ve got the capitalist blues
    When I give everything
    I won’t have much more to lose
    I am swimming in an ocean of sharks
    They are telling me how I’m gonna make my little mark
    In this cold cold world
    It can be such a cold cold world

    You keep telling me to go a little higher
    Try to take a different view
    But you can see
    I’m not inspired
    I’ve got the capitalist blues
    And if I give everything
    I won’t have much more to lose
    It’s not fair
    It’s not right
    I don’t know what I’m gonna do with my life
    It’s not fair
    It’s not right
    I wasn’t born to just endure all this strive
    Trying to make my way
    In this cold cold world
    I can be such a cold cold world

    Mais aussi : Leyla McCalla - Aleppo (2018)
    https://www.youtube.com/watch?v=Y3ol5zOCHls

    #Musique #Musique_et_politique #Ry_Cooder #Leyla_McCalla #Capitalisme #Banques #USA #Syrie #Alep

  • #blockchain + #iot for Supply Chain
    https://hackernoon.com/blockchain-iot-for-supply-chain-1b07d4afd614?source=rss----3a8144eabfe3-

    Supply Chain Management (SCM) is becoming a chaotic mess as each day passes because the present #technology used under the hood is obsolete now.There still is a lot of manual work involved which costs a lot of time and money. For instance, presently it takes days for payments to get through end-to-end. And this manual work, in a way, is futile in nature because there is barely any trust among different stakeholders.Each stakeholder manages their own ledger in a centralised fashion which makes things hazier than they should be. The contractual information involved has to be managed by involving a third party like a lawyer or banker. So, it’s clearly a lot of headaches to manage a supply chain. Especially when the world is advancing towards more and more globalisation.Source: (...)

    #supply-chain #bitcoin

  • Atlantik-Brücke and the ACG
    http://www.transatlanticperspectives.org/entry.php?rec=133
    Des fois que vous nauriez jamais compris pourquoi l’Allemagne est le meilleur ami des USA en Europe voici le résumé de la thèse d’Anne Zetsche

    Transatlantic institutions organizing German-American elite networking since the early 1950s

    Author » Anne Zetsche, Northumbria University Published: November 28, 2012 Updated: February 28, 2013

    The Cold War era witnessed an increasing transnational interconnectedness of individuals and organizations in the cultural, economic and political sphere. In this period, two organizations, the Atlantik-Brücke and the American Council on Germany, established themselves as influential facilitators, enabling German-American elite networking throughout the second half of the twentieth century and beyond. The two organizations brought together influential politicians and businesspeople, as well as representatives of the media and the academic world.

    Efforts in this regard commenced in the early days of the Cold War, only a few years after the end of World War II. In 1949, two American citizens and two Germans began developing the plan to found the Atlantik-Brücke in West Germany and a sister organization, the American Council on Germany (ACG), in the United States. Their plan was to use these two organizations as vehicles to foster amicable relations between the newly founded Federal Republic of Germany and the United States of America. Only a few years prior, Americans and Germans had faced each other as enemies during World War II and many segments of German society, including West German elites, held strong, long-standing anti-American sentiments. The U.S. public in turn was skeptical as to whether Germans could indeed be denazified and convinced to develop a democratic system. Thus, in order to forge a strong Western alliance against Soviet Communism that included West Germany it was critical to overcome mutual prejudices and counter anti-Americanism in Western Europe. It was to be one of the central tasks of the Atlantik-Brücke and the ACG to achieve this in West Germany.

    Individuals at the Founding of the Atlantik-Brücke and the ACG

    One of the founders of the Atlantik-Brücke and the ACG was Eric M. Warburg. He was a Jewish-American banker originally from Hamburg where his ancestors had founded the family’s banking house in 1798. Due to Nazi Aryanisation and expropriation policies, the Warburg family lost the company in 1938 and immigrated to the United States, settling in New York. In spite of the terror of the Nazi regime, Eric Warburg was very attached to Hamburg. He became a vibrant transatlantic commuter after World War II, living both in Hamburg and in New York. In the intertwined histories of the Atlantik-Brücke and the ACG, Warburg played a special role, becoming their leading facilitator and mediator.

    Not long after his escape from the Nazis, Warburg met Christopher Emmet, a wealthy publicist and political activist who shared Warburg’s strong anti-communist stance and attachment to pre-Nazi Germany. On the German side of this transatlantic relationship, Warburg and Emmet were joined by Marion Countess Dönhoff, a journalist at the liberal West German weekly Die Zeit, and by Erik Blumenfeld, a Christian Democratic politician and businessmen. There were two main characteristics shared by the original core founders of the Atlantik-Brücke and the ACG: firstly, each one of the founding quartet belonged to an elite – economic, social or political – and was therefore well-connected with political, diplomatic, business and media circles in both the United States and Germany. Secondly, there was a congruence of basic dispositions among them, namely a staunch anti-communist stance, a transatlantic orientation, and an endorsement of Germany’s integration into the West.

    The Western powers sought the economic and political integration of Western Europe to overcome the devastation of Europe, to revive the world economy, and to thwart nationalism and militarism in Europe after World War II. Germany was considered Europe’s economic powerhouse and thus pivotal in the reconstruction process. West Germany also needed to be on board with security and defense policies in order to face the formidable opponent of Soviet Communism. Since the Federal Republic shared a border with the communist bloc, the young state was extremely vulnerable to potential Soviet aggression and was at the same time strategically important within the Western bloc. Elite organizations like the Atlantik-Brücke and the ACG were valuable vehicles to bring West Germany on board for this ambitious Cold War project.

    Thus, in 1952 and 1954 respectively, the ACG and the Atlantik-Brücke were incorporated and granted non-profit status with the approval of John J. McCloy, U.S. High Commissioner to Germany (1949-1952). His wife Ellen McCloy was one of signatories of the ACG’s certificate of incorporation and served as its director for a number of years. The Atlantik-Brücke (originally Transatlantik-Brücke) was incorporated and registered in Hamburg.

    Transatlantic Networking

    The main purpose of both organizations was to inform Germans and Americans about the respective other country, to counter mutual prejudices, and thus contributing to the development of amicable relations between the Federal Republic of Germany and the United States in the postwar era. This was to be achieved by all means deemed appropriate, but with a special focus on arranging personal meetings and talks between representatives of both countries’ business, political, academic, and media elites. One way was to sponsor lectures and provide speakers on issues relating to Germany and the United States. Another method was organizing visiting tours of German politicians, academics, and journalists to the United States and of American representatives to West Germany. Among the Germans who came to the U.S. under the sponsorship of the ACG were Max Brauer, a former Social Democratic mayor of Hamburg, Willy Brandt, the first Social Democratic Chancellor and former mayor of West Berlin, and Franz Josef Strauss, a member of the West German federal government in the 1950s and 1960s and later minister president of the German federal state of Bavaria. American visitors to the Federal Republic were less prominent. Annual reports of the Atlantik-Brücke explicitly mention George Nebolsine of the New York law firm Coudert Brothers and member of the International Chamber of Commerce, and the diplomats Henry J. Tasca, William C. Trimble, and Nedville E. Nordness.

    In the late 1950s the officers of the Atlantik-Brücke and the ACG sought ways of institutionalizing personal encounters between key Americans and Germans. Thus they established the German-American Conferences modeled on the British-German Königswinter Conferences and the Bilderberg Conferences. The former brought together English and German elites and were organized by the German-English Society (later German-British Society). The latter were organized by the Bilderberg Group, founded by Joseph Retinger, Paul van Zeeland and Prince Bernhard of the Netherlands. Those conferences began in 1954 and were informal, off-the-record meetings of American and West European representatives of business, media, academia and politics. Each of these conference series was important for the coordination of Western elites during the Cold War era. Bilderberg was critical in paving the way for continental European integration and the German-British effort was important for reconciling the European wartime enemies.

    From 1959 onwards, the German-American Conferences took place biennially, alternating between venues in West Germany and the United States. At the first conference in Bonn, 24 Americans came together with 27 Germans, among them such prominent individuals as Dean Acheson, Henry Kissinger, and John J. McCloy on the American side, and Willy Brandt, Arnold Bergstraesser (considered to be one of the founding fathers of postwar political science in Germany), and Kurt Georg Kiesinger (third Christian Democratic Chancellor of the Federal Republic of Germany and former minister president of the federal state Baden-Württemberg) on the German side. By 1974 the size of the delegations had increased continuously, reaching 73 American and 63 German participants.

    A central goal in selecting the delegations was to arrange for a balanced, bipartisan group of politicians, always including representatives of the Social and Christian Democrats (e.g. Fritz Erler, Kurt Birrenbach) on the German side and both Democratic and Republican senators and representatives (e.g. Henry S. Reuss, Jacob Javits) on the American side, along with academics, journalists, and businessmen. Prominent American academics attending several of the German-American conferences included Henry Kissinger and Zbigniew Brzezinski. Representatives of major media outlets were Marion Countess Dönhoff of Germany’s major liberal weekly Die Zeit, Kurt Becker, editor of the conservative daily newspaper Die Welt, and Hellmut Jaesrich, editor of the anticommunist cultural magazine Der Monat. The business community was prominently represented by John J. McCloy, the president of the Chase Manhattan Bank, and Herman Georg Kaiser, an oil producer from Tulsa, Oklahoma. From Germany, Gotthard von Falkenhausen and Eric Warburg represented the financial sector and Alexander Menne, a member of the executive board of Farbwerke Hoechst, represented German industry.

    Officers of the Atlantik-Brücke and the ACG were mainly in charge of selecting the delegates for the conferences. However, Shepard Stone of the Ford Foundation also had an influential say in this process. In the late 1950s and 1960s he was director of the foundation’s international program and thus responsible for allocating funds to the ACG to facilitate the German-American conferences. Shepard Stone was deeply attached to Germany as he had pursued graduate studies in Berlin in the Weimar period, earning a doctoral degree in history. After World War II he returned to Germany as a public affairs officer of the U.S. High Commission. Stone’s continuing interest in German affairs and friendship with Eric Warburg and Marion Dönhoff regularly brought him to Germany, and he was a frequent participant in the German-American conferences.

    The German-American Conferences and Cold War Politics

    All matters discussed during the conferences stood under the headline “East-West tensions” in the earlier period and later “East-West issues” signaling the beginning of détente, but always maintaining a special focus on U.S.-German relations. The debates from the late 1950s to the early/mid-1970s can be categorized as follows: firstly, bilateral relations between the U.S. and the FRG; secondly, Germany’s relation with the Western alliance; thirdly, Europe and the United States in the Atlantic Alliance; and last but not least, relations between the West, the East, and the developing world. The conferences served three central purposes: firstly, developing a German-American network of elites; secondly, building consensus on key issues of the Cold War period; and thirdly, forming a common Western, transatlantic identity among West Germans and Americans.

    Another emphasis of both groups’ activities in the United States and Germany was the production of studies and other publications (among others, The Vanishing Swastika, the Bridge, Meet Germany, a Newsletter, Hans Wallenberg’s report Democratic Institutions, and the reports on the German-American Conferences). Studies aimed at informing Germans about developments in the United States and American international policies on the one hand, and at informing the American people about West Germany’s progress in denazification, democratization, and re-education on the other. The overall aim of these activities was first and foremost improving each country’s and people’s image in the eyes of the counterpart’s elites and wider public.

    The sources and amounts of available funds to the ACG and the Atlantik-Brücke differed considerably. Whereas the latter selected its members very carefully by way of cooptation especially among businessmen and CEOs to secure sound funding of its enterprise, the former opened membership or affiliation to basically anyone who had an interest in Germany. As a result, the ACG depended heavily, at least for its everyday business, on the fortune of the organization’s executive vice president Christopher Emmet. Emmet personally provided the salaries of ACG secretaries and set up the organization’s offices in his private apartment in New York’s upper Westside. In addition, the ACG relied on funds granted by the Ford Foundation especially for the biannual German-American conferences as well as for the publication of a number of studies. The Atlantik-Brücke in turn benefitted immensely from public funds for its publications and the realization of the German-American conferences. The Federal Press and Information Agency (Bundespresse- und Informationsamt, BPA) supported mainly publication efforts of the organization and the Federal Foreign Office (Auswärtiges Amt) regularly granted funds for the conferences.

    Politics, Business and Membership Growth

    Membership of the Atlantik-Brücke grew from 12 in 1954 to 65 in 1974. Among them were representatives of companies like Mannesmann, Esso, Farbwerke Hoechst, Daimler Benz, Deutsche Bank, and Schering. Those members were expected to be willing and able to pay annual membership fees of 3000 to 5000 DM (approx. $750 to $1,250 in 1955, equivalent to approx. $6,475 to $10,793 today). Since the business community always accounted for the majority of Atlantik-Brücke membership compared to members from academia, media and politics, the organization operated on secure financial footing compared to its American counterpart. The ACG had not even established formal membership like its German sister organization. The people affiliated with the ACG in the 1950s up to the mid-1970s were mostly academics, intellectuals, and journalists. It posed a great difficulty for ACG officers to attract business people willing and able to contribute financially to the organization at least until the mid-1970s. When Christopher Emmet, the ACG’s “heart and soul,” passed away in 1974, the group’s affiliates and directors were mostly comprised of Emmet’s circle of friends and acquaintances who shared an interest in U.S.-German relations and Germany itself. Emmet had enlisted most of them during his frequent visits to the meeting of the Council on Foreign Relations. Another group of prominent members represented the military. Several leading figures of the U.S. occupying forces and U.S. High Commission personnel joined the ACG, in addition to ranking politicians and U.S. diplomats. The ACG’s long term president, George N. Shuster had served as Land Commissioner for Bavaria during 1950-51. In 1963, Lucius D. Clay, former military governor of the U.S. zone in Germany, 1947-49, joined the ACG as honorary chairman. George McGhee, the former ambassador to Germany prominently represented U.S. diplomacy when he became director of the organization in 1969.

    Although the Atlantik-Brücke had initially ruled out board membership for active politicians, they were prominently represented. Erik Blumenfeld, for example, was an influential Christian Democratic leader in Hamburg. In 1958 he was elected CDU chairman of the federal city state of Hamburg and three years later he became a member of the Bundestag.In the course of the 1960s and 1970s more politicians joined the Atlantik-Brücke and became active members of the board: Kurt Birrenbach (CDU), Fritz Erler (SPD), W. Alexander Menne (FDP), and Helmut Schmidt (SPD). Thus, through their members and affiliates both organizations have been very well-connected with political, diplomatic, and business elites.

    Besides individual and corporate contributions, both organizations relied on funding from public and private institutions and agencies. On the German side federal agencies like the Foreign Office, the Press and Information Agency, and the Chancellery provided funding for publications and supported the German-American conferences. On the American side additional funds were provided almost exclusively by the Ford Foundation.

    Although both groups were incorporated as private associations with the objective of furthering German-American relations in the postwar era, their membership profile and sources of funding clearly illustrate that they were not operating at great distance from either public politics or official diplomacy. On the contrary, the Atlantik-Brücke and the ACG represent two prominent actors in a transnational elite networking project with the aim of forging a strong anti-communist Atlantic Alliance among the Western European states and the United States of America. In this endeavor to back up public with private authority, the Atlantik-Brücke and the ACG functioned as major conduits of both transnational and transcultural exchange and transfer processes.

    #Europe #Allemagne #USA #politique #guerre #impérialisme #élites

  • How Vilification of George Soros Moved From the Fringes to the Mainstream - The New York Times
    https://www.nytimes.com/2018/10/31/us/politics/george-soros-bombs-trump.html

    On both sides of the Atlantic, a loose network of activists and political figures on the right have spent years seeking to cast Mr. Soros not just as a well-heeled political opponent but also as the personification of all they detest. Employing barely coded anti-Semitism, they have built a warped portrayal of him as the mastermind of a “globalist” movement, a left-wing radical who would undermine the established order and a proponent of diluting the white, Christian nature of their societies through immigration.

    In the process, they have pushed their version of Mr. Soros, 88, from the dark corners of the internet and talk radio to the very center of the political debate.

    “He’s a banker, he’s Jewish, he gives to Democrats — he’s sort of a perfect storm for vilification by the right, here and in Europe,” said Michael H. Posner, a human rights lawyer and former State Department official in the Obama administration.

    Mr. Soros has given his main group, the Open Society Foundations, $32 billion for what it calls democracy-building efforts in the United States and around the world. In addition, in the United States, Mr. Soros has personally contributed more than $75 million over the years to federal candidates and committees, according to Federal Election Commission and Internal Revenue Service records.

    That qualifies him as one of the top disclosed donors to American political campaigns in the modern campaign finance era, and it does not include the many millions more he has donated to political nonprofit groups that do not disclose their donors.

    By contrast, the network of conservative donors led by the billionaire industrialist brothers Charles G. and David H. Koch, who have been similarly attacked by some on the American left, has spent about $2 billion over the past decade on political and public policy advocacy.❞

    The closing advertisement for Mr. Trump’s 2016 campaign featured Mr. Soros — as well as Janet L. Yellen, the chairwoman of the Federal Reserve at the time, and Lloyd Blankfein, the chief executive of Goldman Sachs, both of whom are Jewish — as examples of “global special interests” who enriched themselves on the backs of working Americans.

    If anything, Mr. Soros has been elevated by Mr. Trump and his allies to even greater prominence in the narrative they have constructed for the closing weeks of the 2018 midterm elections. They have projected on to him key roles in both the threat they say is posed by the Central Americans making their way toward the United States border and what they characterized as Democratic “mobs” protesting the nomination of Brett M. Kavanaugh to the Supreme Court.

    The National Republican Congressional Committee ran an ad in October in Minnesota suggesting that Mr. Soros, who is depicted sitting behind a pile of cash, “bankrolls” everything from “prima donna athletes protesting our anthem” to “left-wing mobs paid to riot in the streets.” The ad links Mr. Soros to a local congressional candidate who worked at a think tank that has received funding from the Open Society Foundations.

    Even after the authorities arrested a fervent Trump supporter and accused him of sending the pipe bombs to Mr. Soros and other critics, Republicans did not back away. The president grinned on Friday when supporters at the White House responded to his attacks on Democrats and “globalists” by chanting, “Lock ’em up,” and yelling, “George Soros.”

    #Antisémitisme #Georges_Soros #Néo_fascisme #USA

  • What Is CamperForce ? Amazon’s Nomadic Retiree Army | WIRED
    https://www.wired.com/story/meet-camperforce-amazons-nomadic-retiree-army


    Cet article décrit comment des centaines de miliers d’étatsuniens ayant atteint l’age de la retraite sont obligés à vivre dans les camps de travail d’Amazon. L’exploitation du prolétariat US est totale et continue jusqu’au moment de partir dans un cerceuil. Voilà ce qui arrive dans une société sans régime de retraite solidaire. #grave

    Chuck still remembers the call from Wells Fargo that brought the 2008 financial crisis crashing down on his head. He had invested his $250,000 nest egg in a fund that supposedly guaranteed him $4,000 a month to live on. “You have no more money,” he recalls his banker saying flatly. “What do you want us to do?” Unable to think of a better answer, Chuck told him, “Well, shove your foot up your ass.” Then he hung up.

    Barb had lost her savings too, some $200,000 in investments. And with the travel industry flattened by the Great Recession, bookings at Carolina Adventure Tours dwindled. By the time Barb and Chuck got married in 2009, they were upside down on their mortgage and grappling with credit card debt.

    The couple was facing bankruptcy, which scared Chuck to death. It brought back the terror of growing up poor—the pervasive insecurity he’d stamped out by going to work at 16. But by 2012, they had run out of options.

    After filing their papers, Chuck and Barb began liquidating their lives. They shuttered ­Carolina Adventure Tours and handed their 2009 ­Chrysler Town & Country over to the bank. They sold most of their possessions, including all of their appliances and furniture. What didn’t sell on ­Craigslist went to an auctioneer. Barb let go of her record collection and two pianos. Chuck ­surrendered his golf clubs. Objects they couldn’t bear to part with—including Chuck’s letter from Ray Kroc, framed and hanging on the wall—went to one of Barb’s daughters for safekeeping. (Barb and Chuck each have three kids.)

    Whatever survived the purge had to fit in their new dwelling: a 29-foot 1996 National RV Sea Breeze motor home, which Barb’s brother sold to them for $500. The rig had dry-rotted tires, a dead generator, and a leak in the gas line. Back when the Stouts had money, they’d idly fantasized about becoming carefree vagabonds in a nice RV. Their current situation didn’t quite align with that dream, but they embraced it anyway. Perhaps, Barb reflected, this was destiny—the universe pushing them toward the lifestyle they’d wanted all along. She decided to call their next move “Barb and Chuck’s Great Adventure.”

    #USA #travail #économie #social #disruption

  • What the Enron E-mails Say About Us | The New Yorker
    http://www.newyorker.com/magazine/2017/07/24/what-the-enron-e-mails-say-about-us

    Given that e-mail leaks can imperil governments, it seems odd that correspondents spend so little time reviewing basic work before they press send. Writing, along with fire-making and the invention of the wheel, is widely held to be a milestone of human progress. This view will seem naïve to anybody who has read much human writing. In its feral form, prose is unhinged, mystifying, and repetitive. Writers feel moved to “get things down on paper,” usually incoherently, and even in guarded moods say alarming stuff because they don’t know where to put their commas. (“Time to eat children!”) The true wellspring of civilization isn’t writing; it is editing. E-mail, produced in haste, rarely receives the requisite attention. That is bad for us but good for posterity—and for students of the literary gestures we imprudently put in pixels. When inboxes are gathered, cracked open, and studied, they become a searchable, sortable atlas for the contours of our social minds.

    the archive has been pulled apart and pecked up; it has been digested by computers and referred to by more than three thousand academic papers. This makes it, in the annals of scholarship, something strange: a canonic research text that no one has actually read. Mostly, that’s because it is too long, and too boring, for complete human consumption. When the e-mails were released, in 2003, the dump was more jumbled than even computers could handle

    Computers can do little with a text that humans could not, but they make some laborious work go faster. In 1949, an Italian Jesuit priest named Roberto Busa presented a pitch to Thomas J. Watson, of I.B.M. Busa was trained in philosophy, and had just published his thesis on St. Thomas Aquinas, the Catholic theologian with a famously unmanageable œuvre. (Work on a multivolume critical edition of Aquinas’s philosophy, commissioned by the Vatican, began in 1879 and is nowhere near done.) Busa had begun to wonder whether Watson’s computing machines could aid his work. Watson backed him, and, for the next thirty years, Busa encoded sixty-five thousand pages of Thomist text so that it could be word-searched, cross-referenced, and what we now call hyperlinked. The Index Thomisticus was the first corpus to be primed for digital scholarship, no less impressive because it started on punch cards and ended up online. “Digitus Dei est hic!” Busa punned in 2004. The finger of God is here.

    Most results were unsurprising: people e-mailed more formally when dealing with business, across a gap in rank, with people they scarcely knew, and to a bigger audience. Oddly, though, e-mails grew more informal as the list of addressees expanded beyond ten. The researchers hypothesized that people like to strike a slouchy pose before big workplace audiences, the better to seem the cool kid in a class of dweebs.

    In 2014, an enterprising business-English teacher named Evan Frendo had the idea of using the corpus to locate phrases helpful to the foreign businessperson working with Americans. After what must have been punishing study, he discovered a fixation on “ball” metaphors. “I thought I’d get the ball rolling,” one Enroner wrote. “Sounds like you guys had a ball at dinner,” another said. “I played hard ball and told them that I had to have more time,” a correspondent reported. “Someone REALLY dropped the ball here!” an employee chides. “From June 1, we will be totally on the ball,” reads an e-mail that you don’t believe. “I will pretty much leave it in your ball park about Friday night,” somebody writes (a message that Frendo correctly annotates “???”). All told, the corpus contained six hundred and two instances of ball speech, apparently covering every scenario in modern American business. It is not clear that this compendium eases the task of the Danish banker on a morning flight to Dallas. But perhaps it tells him where to focus his study.

    In the iconoclastic 1980 book “Is There a Text in This Class?” Stanley Fish attacked the field of stylistics, and the tendency to equate the work of the humanities researcher with the work of the scientist. The equivalence was false, Fish thought, because the inquiries had different goals. Scientists were trying to zero in on something fixed and unknown: the laws of nature and their potential applications. Humanists were working with something variable and contingent: the way a text produced meaning for a given group of readers. You could turn up patterns in any long piece of writing without showing that such patterns were germane to how the work communicated. The most revealing question about a piece of text was the obvious one: How does it mean?

    When the Enron scandal broke, last decade, e-mail was the most wanton kind of media. It is no longer so—people now have indecent texts at home, manic Slack threads in the workplace, and, for just about every venue, crankish, boastful Facebook, filled with babies and bad news. As the scandals of the past few years show, however, indecorum hasn’t left our inboxes, and the lives behind the @ symbol may still have something to hide.

    #Mail #Humanités_numériques

  • Macron prepares enabling act to slash contracts, labor rights in France - World Socialist Web Site
    http://www.wsws.org/en/articles/2017/05/23/macr-m23.html

    The Macron administration has no mandate whatsoever to carry out the program it is proposing. The labor law was deeply unpopular even without its most controversial provisions; former PS President François Hollande’s economic policy, which Macron helped formulate, had a 4 percent approval rating. Now Macron is advancing such a program after an election that he won largely by default, because he was facing deeply unpopular neo-fascist candidate Marine Le Pen.

    Macron, a former investment banker at the Rothschild bank, aims to impose the arrogant diktat of the banks. Under Hollande’s presidency, as workers’ living standards fell, the wealth of top French multi-billionaires like Liliane Bettencourt and Philippe Arnault nearly doubled. With the world economy still mired in crisis, however, and France’s economic position and its weight in world trade continuing to fall, the ruling class is determined to squeeze even more money out of workers and place it in the hands of the super-rich.

    The working class is faced with a political struggle against an absolutely ruthless government that is willing to resort to forms of repression unseen in France since the 1940s in order to ram through the diktat of the banks. The new administration is aware that it faces massive popular opposition and is making detailed plans to crush strikes and protests.

    Last week, the media revealed that the PS had made plans for a coup d’état after the presidential elections, to be implemented had Marine Le Pen won. Its purpose would not have been to topple Le Pen, however, but to crush anti-fascist protests and suspend normal parliamentary procedure by imposing a PS government on Le Pen.

    • La classe ouvrière est confrontée à une lutte politique contre un gouvernement absolument impitoyable qui est disposé à recourir à des formes de répression inaperçues en France depuis les années 1940 afin de traverser le diktat des banques. La nouvelle administration est consciente qu’elle fait face à une opposition populaire massive et fait des plans détaillés pour écraser les grèves et les manifestations.

      La semaine dernière, les médias ont révélé que le PS avait pris des plans pour un coup d’état après les élections présidentielles, à mettre en place si Marine Le Pen a gagné. Son but n’aurait pas été de renverser Le Pen, cependant, mais d’écraser les manifestations antifascistes et de suspendre la procédure parlementaire normale en imposant un gouvernement PS sur Le Pen.

  • Macron and neo-fascist Le Pen advance to run-off in French presidential #elections - World Socialist Web Site
    http://www.wsws.org/en/articles/2017/04/24/macr-a24.html

    Whether it is Macron or Le Pen who wins the second round, the election will resolve nothing and only set the stage for explosive social conflict. The electorate faces the choice between a neo-fascist and Macron, a former Rothschild banker who formulated Hollande’s bitterly unpopular economic policy and has called for a return to the draft in order to prepare an “era” of major wars. Macron offers no alternative to Le Pen for working people, having endorsed the PS’s state of emergency, which suspends basic democratic rights, as well as deep austerity and war planning.

  • John Swinton - Wikiquote
    https://en.m.wikiquote.org/wiki/John_Swinton

    There is no such a thing in America as an independent press, unless it is out in country towns. You are all slaves. You know it, and I know it. There is not one of you who dares to express an honest opinion. If you expressed it, you would know beforehand that it would never appear in print. I am paid $150 for keeping honest opinions out of the paper I am connected with. Others of you are paid similar salaries for doing similar things. If I should allow honest opinions to be printed in one issue of my paper, I would be like Othello before twenty-four hours: my occupation would be gone. The man who would be so foolish as to write honest opinions would be out on the street hunting for another job. The business of a New York journalist is to distort the truth, to lie outright, to pervert, to villify, to fawn at the feet of Mammon, and to sell his country and his race for his daily bread, or for what is about the same — his salary. You know this, and I know it; and what foolery to be toasting an “Independent Press”! We are the tools and vassals of rich men behind the scenes. We are jumping-jacks. They pull the string and we dance. Our time, our talents, our lives, our possibilities, are all the property of other men. We are intellectual prostitutes.

    E. J. Schellhouse: The New Republic. Founded on the Natural and Inalienable Rights of Man (1883) pp. 122-123 archive.org, quoting - “copied from an Eastern paper” - what “was uttered by a prominent New York journalist at a press dinner a short time since”, when “the hackneyed and ridiculous toast, ’The Independent Press,’ was proposed”.

    The journalist’s name is disclosed as John Swinton in [Edward Hewes] Gordon Clark’s Shylock: as Banker, Bondholder, Corruptionist, Conspirator, Author’s Publisher, c/o the American Bimetallic League, Washington D.C. 1894, p. 111

    #médias #presse #USA #histoire

  • L’Islande confirme la condamnation de ses banksters à de la prison ferme. Pour l’instant, aucune reprise dans nos médias. (Et où, au passage, on parle du Qatar.)

    Supreme Court Affirms Kaupþing Convictions | Iceland Review
    http://icelandreview.com/news/2016/10/07/supreme-court-affirms-kaupthing-convictions

    Yesterday afternoon The Supreme Court of Iceland affirmed the guilty verdicts handed down by the Reykjavík District Court in June of last year over seven out of nine former Kaupþing bank directors, convicted for major market manipulation and breach of trust, Fréttatíminn reports. The court, furthermore, extended the sentence of Hreiðar Már Sigurðsson by six months. In addition, the court handed down a guilty verdict for two defendants who were acquitted in district court.

    Iceland to sentence ninth banker found guilty of market manipulation that helped caused 2008 crash | The Independent
    http://www.independent.co.uk/news/world/europe/iceland-to-sentence-ninth-banker-found-guilty-of-market-manipulation-

    Their sentences range from one year to more than four years for crimes relating to misleadingly financing share purchases - the bank lent money for the purchase of the shares and used its own shares as collateral for the loans. They are also found guilty of creating a misleading demand for Kaupthing shares. 

    No jail time has yet been handed out to Ms Þórarinsdóttir or Mr Guðmundsson. 

    Another former director of the bank, Hreiðar Már Sigurðsson, who received a prison sentence of five and half years last year, was given a six-month extension to his sentence on Thursday.

    He was one of group of former bankers accused of hiding the fact that a Qatari investor bought a stake in the firm with money lent illegally by the bank itself. Weeks before the bank collapsed Kaupthing announced that Sheikh Mohammed Bin Khalifa Bin Hamad al-Thani had bought a 5.1 per cent stake during the financial crisis in 2008 - a move supposed to be seen as a confidence boost for the bank.

  • Trump campaign shakeup - CNNPolitics.com
    http://edition.cnn.com/2016/08/17/politics/trump-campaign-overhaul

    Donald Trump’s campaign is undergoing a major staff shake-up with less than three months to Election Day, adding two officials to top posts overseeing his struggling campaign and signaling a shift toward campaigning as a scorched earth outsider in order to win.

    Trump has named Steve Bannon, the executive chairman of Breitbart News and a former investment banker, to the post of chief executive and promoted Kellyanne Conway, a senior adviser and pollster to his campaign, to the position of campaign manager, Conway confirmed to CNN early Wednesday morning.
    The addition of Bannon — known for his brass-knuckled demeanor and his website’s sharp tone — came hours after reports surfaced that Roger Ailes, the recently ousted head of Fox News, will begin to advise Trump as he prepares for the presidential debates. The influence of both men lays the groundwork for unleashing Trump this fall from the more traditional presidential candidate framework, which Campaign Chairman Paul Manafort’s leadership was brought on to create.
    […]
    Instead of Manafort’s attempts to make Trump a more traditional candidate, Bannon will take over as Trump’s top adviser, giving Trump free rein to run as the outsider candidate who won the Republican primaries.
    […]
    Notably, he made the decision without input from his adult children who were off traveling during the weekend, sources close to the campaign said.
    Donald, Jr., Eric and Ivanka Trump have been influential advisers in the campaign and key mediators between Trump and Manafort, often also guiding their father to mollify his rhetoric and run a more conventional campaign.

  • Workers suffer in Saudi Arabia as once-mighty Hariri firm falters | Jordan Times
    http://www.jordantimes.com/news/business/workers-suffer-saudi-arabia-once-mighty-hariri-firm-falters

    He’s had no salary for six months, he cannot pay his children’s school fees and his permit to reside in Saudi Arabia has expired.

    But Robert still holds out hope that things might improve for him and thousands of other workers at Saudi Oger Ltd., the once-mighty construction giant led by Lebanon’s billionaire former prime minister Saad Hariri.

    Delayed receipts from a Saudi government whose oil revenues collapsed over the past two years have left employees of the company struggling to survive while they wait to be paid, Robert and other sources say.

    Other contractors are also affected, but sources say problems at the 38-year-old Saudi Oger go deeper than the kingdom’s current economic strains.

    “Already when I worked at Saudi Oger there were delays in salary payments to local employees,” a former staffer indicated. “It seems the situation got worse.”

    Saudi Oger employs around 50,000 people of various nationalities, from managers to labourers, and Robert noted that the salaries of nearly all have been delayed.

    But at six months without a pay cheque, he is among the longest suffering.

    “I don’t have money,” he said. “It’s hard.”

    The veteran employee of Saudi Oger says he has “no choice” but to stay with the firm because he cannot find another job.

    Robert, whose name has been changed because he asked for anonymity, said the company promised in a letter that salaries will flow at the end of March.

    Poor management blamed 

    “It’s a desperate situation,” a well-informed source said, describing expatriate families facing a similar plight to Robert’s.

    “They can’t pay for the tickets” to even fly home, the source indicated, adding that many senior officers of Saudi Oger support families in Lebanon, meaning remittances to that country will be affected.

    [...]
    France’s embassy, concerned for the many French employees at the company, sent two letters to the firm, which responded with its promise to start paying the salaries.

    [...]
    He added that the plight of the Hariri family company raises two questions: “Will Saudi local banks continue to finance Saudi Oger, and secondly, will the Hariri clan manage to enlist an investor willing to provide new investment?”

    “If Hariri can prove he is still useful, the Saudis may help him,” a Lebanese banker said. “But if not, they won’t.”

    - See more at: http://www.jordantimes.com/news/business/workers-suffer-saudi-arabia-once-mighty-hariri-firm-falters#sthash.jfrX

  • Where Does Inequality Come From?
    https://lareviewofbooks.org/review/where-does-inequality-come-from

    Asked in April 2001 to defend the “justice” of the deeply unequal society he presided over, Blair explained:

    When you say where is the justice in that, the justice for me is concentrated on lifting incomes of those that don’t have a decent income. It’s not a burning ambition for me to make sure that David Beckham earns less money.

    Though Blair pivots smoothly, that second instance of “justice” functions rhetorically. #Justice, as Plato observed long ago, concerns an interrelation of parts, not merely the amelioration of the indigent. Note how cleverly Blair chooses a sports celebrity, who got rich quasi-magically, rather than a businessman or banker, whose fortunes were made with other people’s labor and by virtue of the #deregulation and privatization of the British economy. When detached from a theory of how wealth and poverty connect, charity, even public charity, aspires to communal improvement rather than distributive justice. The goal of alleviating poverty had entirely replaced a vision of an equal society.

    #riches #pauvres #inégalités

  • The #FBI considered “It’s a Wonderful Life” to be Communist propaganda - Quartz
    http://qz.com/160999/the-fbi-considered-its-a-wonderful-life-to-be-communist-propaganda
    https://qzprod.files.wordpress.com/2013/12/its-a-wonderful-life.jpg?quality=80&strip=all&w=1600

    It’s a Wonderful Life is a staple of the holiday season in the United States, but it was once considered un-American by the government.
    From the film’s release in 1946 until 1956, it was listed by the Federal Bureau of Investigation as suspected Communist propaganda. Mr. Potter, the villainous banker who nearly drives George Bailey to financial ruin and suicide, “represented a rather obvious attempt to discredit bankers by casting Lionel Barrymore as ‘scrooge-type’ so that he would be the most hated man in the picture,” according to an FBI report (pdf, pg. 14) in 1947.

    #Etats-Unis #banksters

  • Greek debt crisis: Meet the Goldman Sachs banker who got rich getting Greece into the euro
    http://www.independent.co.uk/news/uk/home-news/greek-debt-crisis-meet-the-goldman-sachs-banker-who-got-rich-getting-

    If you thought the Goldman Sachs banker who did the deal to get Greece into the euro might have been chased out of the City of London, think again.

    Antigone Loudiadis, more widely known as “Addy”, has been richly rewarded by the bank for her dealmaking prowess and now sits atop one of Europe’s fastest growing insurance companies, Rothesay Life.

  • Government keeps railway monopoly on balance sheet amid industry’s downturn
    http://www.kyivpost.com/content/business/government-keeps-railway-monopoly-on-its-balance-sheet-amid-industrys-down

    Despite the Economy Minister Aivaras Abromavicius’s willingness to privatize as many state-controlled assets as possible, government-run railway monopolist Ukrzaliznytsia won’t be sold to a private investor any time soon, according to its interim head Maksym Blank.

    Avant de trouver des investisseurs, il faut déjà commencer par trouver un PDG pour remplacer l’actuel intérimaire, pas candidat — mais alors, pas du tout candidat ! — à sa titularisation…

    Blank, 41-year-old former investment banker, became interim head of the company, though he refused to apply for a position of a full-time CEO. Work at Ukrzaliznytsia “brought me nothing but troubles so far – rummage, criminal case where I’m a witness,” he said during the Jan. 22 news conference in Kyiv.

    To participate in an open competition [for the CEO position] you have to be liked. You have to be liked by the industry, by the members of parliament, by the city mayors and governors, by the industrial lobby, by the members of Cabinet of ministers,” he wrote in a Jun. 17 Facebook post. “And to present a program that everyone would like. But the program that I’m implementing in fact – it doesn’t contain any points that (people) like.

    Roman Bondar, a head hunter involved in finding the best candidate, says #Ukrzaliznytsia needs Steve Jobs in order to be managed effectively.

    Pas certain que Steve Jobs soit intéressé par le poste…
    Et pour un étranger, le plus dur sera sans doute d’avoir à retenir le nom de l’entreprise à laquelle il postule :-D

  • HFT in my backyard | V
    https://sniperinmahwah.wordpress.com/2015/01/14/hft-in-my-backyard-v

    This is a well known story: in 1815, English banker Nathan Mayer Rothschild used carrier pigeons to be the first to know the end of the Battle of Waterloo. The pigeons crossed the channel easily (they didn’t have problems with water reflections), arrived in London and told Rothschild about Napoléon’s defeat, so the banker “made a killing by buying British government bonds”. The official story says Rothschild made a ton of money because he had the fastest transmission technology (pigeons) but that’s not true: the other part of the story (nearly unknown) is that Napoléon had a faster technology than the Columbidae: the télégraphe Chappe. In short, this ”optical“ or “aerial” network invented by Claude Chappe employed various semaphore relay stations to carry information all around France:

    These networks were “optical” in the sense that the semaphores used to communicate from point to point needed lines-of-sight (like the microwave networks today); that explains why the stations were located in existing high points (mounts for instance) or, even then, in standing towers. Napoléon’s army was a frenetic client of Chappe, and the Emporor put money into the network, so the news about the defeat at Waterloo should have reached Paris before London. But the Rothschild’s pigeons won the race. Why? The fog, dude! On June 18, 1815, in Waterloo, the fog was so thick that Nap’s soldiers were perturbed and the Chappe network completely down: because of the fog the signal couldn’t be sent from Waterloo to the stations in North of France – you couldn’t see anything. Bad luck. That’s an amazing story because fog is still a problem for the new #HFT (microwave) networks, two centuries after the debacle at Waterloo. Technologies may change but nature is still the same.

    The outcome of a war has always been a #latency issue.

    #télécoms

  • The Man Who Delayed D-Day - Issue 15: Turbulence
    http://nautil.us/issue/15/turbulence/the-man-who-delayed-d_day

    When Dwight D. Eisenhower was planning the invasion of Normandy, he made sure to check with Walter Munk and his colleagues first. Munk had come to the United States from Austria-Hungary to work as a banker before switching to oceanography, eventually making major advances in the science of tidal and wave forecasting. He was a defense researcher at the Scripps Institution of Oceanography in 1943 when his team calculated that the seas on June 5 of that year would be so rough that a delay was in order. The invasion would happen on the following day. It was just one highlight among many in Munk’s career. From explaining why we always see the same side of the moon to sending a sound signal halfway around the world, Munk is the very definition of the enterprising scientist. When I spoke to him (...)

    • #océanographie #interface_air-mer

      What would you say is the most misunderstood aspect of the oceans today?
      I’m trying to give this some thought. I think that people think of the ocean in a negative way. At this meeting yesterday, questions about having energy sources—they think that shallow water is better than offshore deep water. I think it’s the other way around. The oceans can be a friend and a foe and it’s probably more friendly in deep water at great depths. And people are afraid of great depths, the deep water, and I think have made a mistake in that way. I would think that the disaster in Japan was due to the fact that people thought that a nuclear power plant just on the coast very close to the ocean would be safer than in the ocean. It’s certainly safer than in the ocean at very shallow depth. But I think there’s a case to be made that these things would be a lot safer if you go to some other depths seaward, where the waves are not broken. When you are aboard a ship you can’t even know that there’s a tsunami passing, the dimensions are such, and I think that a better assessment of the dangers and the advantages of the ocean environment could be a useful thing to do.

      What would you say is the most misunderstood aspect of the oceans today?
      I’m trying to give this some thought. I think that people think of the ocean in a negative way. At this meeting yesterday, questions about having energy sources—they think that shallow water is better than offshore deep water. I think it’s the other way around. The oceans can be a friend and a foe and it’s probably more friendly in deep water at great depths. And people are afraid of great depths, the deep water, and I think have made a mistake in that way. I would think that the disaster in Japan was due to the fact that people thought that a nuclear power plant just on the coast very close to the ocean would be safer than in the ocean. It’s certainly safer than in the ocean at very shallow depth. But I think there’s a case to be made that these things would be a lot safer if you go to some other depths seaward, where the waves are not broken. When you are aboard a ship you can’t even know that there’s a tsunami passing, the dimensions are such, and I think that a better assessment of the dangers and the advantages of the ocean environment could be a useful thing to do.

  • Why New York Real Estate Is the New Swiss Bank Account — New York Magazine
    http://nymag.com/news/features/foreigners-hiding-money-new-york-real-estate-2014-6

    de plus en plus d’immeubles de New York sont achetés par des étrangers qui souvent n’y mettent pas les pieds :

    Behind a New York City deed, there may be a Delaware LLC, which may be managed by a shell company in the British Virgin Islands, which may be owned by a trust in the Isle of Man, which may have a bank account in Liechtenstein managed by the private banker in Geneva. The true owner behind the structure might be known only to the banker. “It will be in some file, but not necessarily a computer file,” says Markus Meinzer, a senior analyst at the nonprofit Tax Justice Network. “It could be a black book.” If an investor wants to sell the property, he doesn’t have to transfer the deed—an act that would create a public paper trail. He can just shift ownership of the holding company.

    #new_york #bulle_immobilière #immobilier #placement #blanchiment #richesse