Daily Archives: 5 March 2011

Oswald Wanted to Protect Kennedy, Claims Secret Lover

open quoteNovember 22nd, 1963 is a day Americans can never forget. That was the day when President Kennedy was assassinated by the (supposedly) lone gunman Lee Harvey Oswald. Shortly after, Oswald himself was killed on national television. Oswald’s name has been seared into the national consciousness as the ultimate traitor, but in the new memoir Me & Lee: How I Came to Know, Love and Lose Lee Harvey Oswald by his girlfriend Judyth Vary Baker, the hypothetical killer actually went to Dallas to try to prevent the assassination!

According to Baker, Oswald told her early in November that Kennedy would be killed at Dealey Plaza. He knew this because he had been invited to join the assassination team, as well as an abort team that would try to interfere with the shooting. He had infiltrated the former team with hopes of exposing the players, but once events were set in motion he knew the operatives would not hesitate to kill his entire family and anyone else he knew (including Judyth) if he didn’t play along.

Vary begged him not to take part, but he insisted that the group would just get another shooter to take his place. “If I stay,” he said, “at least that will be one less bullet aimed at Kennedy.”

After Oswald’s murder, his predictions began to take place, when a number of Vary’s cohorts in the undercover biological work she was engaged in mysteriously died or were killed. Afraid for her own life, she abandoned her promising science career and raised a family, keeping quiet about her involvement in the Kennedy situation for many years.

Now, living in an undisclosed European country for her own safety, she recalls her life as a girl who wanted to become a nun, but whose amazing aptitude for science ultimately brought her into a plot to kill Castro with a cancer-causing agent. This in turn led her into a world of virulent anti-Communists, Cuban exiles, mafia figures and the CIA. Me & Lee is a memoir that blows the lid off the Lee Harvey Oswald debate, and even names some of the men responsible for the Kennedy assassination. It is a must-read for anyone interested in American history, politics or even the fates of star-crossed lovers.close quote (Read more from lewrockwell.com)

The Specter of Municipal Default

open quoteJimmy John Liautaud, founder of the Jimmy John’s sub chain, just applied to move his residence from Illinois to Florida — and his company’s headquarters could soon follow. “All they do is stick it to us,” he says of the state legislature’s move to jack up the personal income tax from 3 percent to 5 percent — and the corporate income tax from 7.3 percent to 9.5 percent.

. . . .

However, California’s state treasurer, Bill Lockyer, says the idea of states going bankrupt is ludicrous.

“It’s a cynical proposal, intended to incite a panic in response to a phony crisis,” Mr. Lockyer said on a conference call with journalists. “Killer bees, space aliens, and now it’s the invasion of the bankrupt states.”

I’m a little surprised Lockyer is so cocky. After all, California was forced to issue IOUs in lieu of cash to pay taxpayers, vendors, and local governments back in 2009.

Mr. Lockyer’s big plan is for his state to refrain from issuing any general-obligation bonds until the second half of the year, cutting down borrowing costs. That doesn’t sound like any great trick, except California hasn’t done that since 1988. If that doesn’t work, well, “Then, the next option, if you run out of deferrals, is to issue IOUs,” Mr. Lockyer said. “It’s a possibility. It’s not one that anyone wants to do. It’s at the bottom of the list of choices. But it is on the list.”

Nicole Gelinas of the Manhattan Institute also thinks the idea of states going bankrupt is nonsense. Because states pile up debt indirectly, issuing bonds through tens of thousands of separate legal entities. She writes that New York “state” doesn’t owe all of that $78.4 billion in debt; it owes only $3.5 billion in “general-obligation” debt, so relax.

“Who owes the rest?” she writes,

The MTA, the Dormitory Authority, the Triborough Bridge & Tunnel Authority and so on. Legally, each is not a government but a “public-benefit corporation.” Each has its own board, its own rules, and its own contractual agreements with creditors, from bondholders to unions. Each of those agreements offers creditors different protections.

So New Yorkers, in this case, are supposed to sleep better at night secure in the knowledge that dozens of government entities owe this debt instead of just one? Meanwhile any one of these public-benefit corporations could default out of the blue, because more than likely nobody will get a heads-up if the Dormitory Authority runs out of dough to pay bond holders.close quote (Read more from mises.org)

Israeli Diplomat: “I can no longer represent Israel.”

open quoteBaruch
Veteran diplomat Ilan Baruch quits, says he can no longer represent government; Israel’s foreign policy is ‘wrong,’ he says, adds that blaming global anti-occupation views on anti-Semitism is ‘simplistic, artificial’

Foreign Ministry earthquake: A veteran diplomat says he has resigned from his post because he had a hard time defending the policies of Israel’s current government, Yedioth Ahronoth reported Wednesday.

Ilan Baruch says he quit because “Israel’s foreign policy is wrong,” pointing to the Palestinian issue.

Should this trend continue, he warned, Israel will turn into a pariah state and face growing de-legitimization. close quote (Read more from axisoflogic.com)