The story of the suppressed 28 pages and the Saudi role in terrorism, has broken in both the Chinese and Russian press in the past 36 hours, and it is also breaking out in some new locations inside the U.S.

• The English-language edition of the Chinese semi-official paper, Global Times, ran an article yesterday, “Saudi ties to September 11 attacks still suppressed by official mandate,” by Cliff Kiracofe. It reports on last week’s press conference and Kiracofe’s discussions with the principals at the press conference. Kiracofe says of the 28 pages:

“The report shows that factions within Saudi Arabia financed and organized the 9/11 attacks. This point was made clear at the press conference.”
He notes the spreading press coverage of the 28 pages, and concludes: “The Paris events make it ever more urgent that the White House make public the suppressed pages on the sources of Islamic terrorism.”

• RT ran an interview yesterday with EIR’s Lawrence Freeman on the developments in France, under the headline “Russia, Syria, Iran, China needed in global fight against ISIS.” Freeman describes what would be necessary to actually stop ISIS and global terrorism, and prominently discusses last week’s Capitol Hill press conference, the British-Saudi role, and the fight to declassify the 28 pages.

• In the U.S., there are hundreds of articles and repostings on the 28 pages and the Jan. 7 press conference. Notable are the well-known websites Crooks & Liars, ZeroHedge.com, Daily Beast, the DemocraticUnderground, and the hard-core neo-con site PJMedia.com (run by notorious Michael Ledeen and David Horowitz). PJ’s “Tatler” blog has a posting: “Why Is Saudia Arabia’s Complicity in 9/11 Still Being Redacted?”

• ZeroHedge.com’s posting is “How to beat terrorism: Stop making the seven same mistakes”—its recommendations include:

I. Stop Overthrowing the Moderates and Arming the Crazies…. we’re arming the most violent radicals in the Middle East, as part of a really stupid geopolitical strategy to overthrow leaders we don’t like…

“II. Stop Supporting the Dictators Who Fund Terrorists. Saudi Arabia is the world’s largest sponsor of radical Islamic terrorists. The Saudis have backed ISIS and many other brutal terrorist groups.  According to sworn declarations from a 9/11 Commissioner and the Co-Chair of the Congressional Inquiry Into 9/11, the Saudi government backed the 9/11 hijackers.”

They conclude with: VII. Stop Covering Up 9/11, which includes a video link to the January 7th Press conference, on the call to release the 28 pages.

The story of the suppressed 28 pages and the Saudi role in terrorism, has broken in both the Chinese and Russian press in the past 36 hours, and it is also breaking out in some new locations inside the U.S.

• The English-language edition of the Chinese semi-official paper, Global Times, ran an article yesterday, “Saudi ties to September 11 attacks still suppressed by official mandate,” by Cliff Kiracofe. It reports on last week’s press conference and Kiracofe’s discussions with the principals at the press conference. Kiracofe says of the 28 pages:

“The report shows that factions within Saudi Arabia financed and organized the 9/11 attacks. This point was made clear at the press conference.”
He notes the spreading press coverage of the 28 pages, and concludes: “The Paris events make it ever more urgent that the White House make public the suppressed pages on the sources of Islamic terrorism.”

• RT ran an interview yesterday with EIR’s Lawrence Freeman on the developments in France, under the headline “Russia, Syria, Iran, China needed in global fight against ISIS.” Freeman describes what would be necessary to actually stop ISIS and global terrorism, and prominently discusses last week’s Capitol Hill press conference, the British-Saudi role, and the fight to declassify the 28 pages.

• In the U.S., there are hundreds of articles and repostings on the 28 pages and the Jan. 7 press conference. Notable are the well-known websites Crooks & Liars, ZeroHedge.com, Daily Beast, the DemocraticUnderground, and the hard-core neo-con site PJMedia.com (run by notorious Michael Ledeen and David Horowitz). PJ’s “Tatler” blog has a posting: “Why Is Saudia Arabia’s Complicity in 9/11 Still Being Redacted?”

• ZeroHedge.com’s posting is “How to beat terrorism: Stop making the seven same mistakes”—its recommendations include:

I. Stop Overthrowing the Moderates and Arming the Crazies…. we’re arming the most violent radicals in the Middle East, as part of a really stupid geopolitical strategy to overthrow leaders we don’t like…

“II. Stop Supporting the Dictators Who Fund Terrorists. Saudi Arabia is the world’s largest sponsor of radical Islamic terrorists. The Saudis have backed ISIS and many other brutal terrorist groups.  According to sworn declarations from a 9/11 Commissioner and the Co-Chair of the Congressional Inquiry Into 9/11, the Saudi government backed the 9/11 hijackers.”

They conclude with: VII. Stop Covering Up 9/11, which includes a video link to the January 7th Press conference, on the call to release the 28 pages.

The story of the suppressed 28 pages and the Saudi role in terrorism, has broken in both the Chinese and Russian press in the past 36 hours, and it is also breaking out in some new locations inside the U.S.

• The English-language edition of the Chinese semi-official paper, Global Times, ran an article yesterday, “Saudi ties to September 11 attacks still suppressed by official mandate,” by Cliff Kiracofe. It reports on last week’s press conference and Kiracofe’s discussions with the principals at the press conference. Kiracofe says of the 28 pages:

“The report shows that factions within Saudi Arabia financed and organized the 9/11 attacks. This point was made clear at the press conference.”
He notes the spreading press coverage of the 28 pages, and concludes: “The Paris events make it ever more urgent that the White House make public the suppressed pages on the sources of Islamic terrorism.”

• RT ran an interview yesterday with EIR’s Lawrence Freeman on the developments in France, under the headline “Russia, Syria, Iran, China needed in global fight against ISIS.” Freeman describes what would be necessary to actually stop ISIS and global terrorism, and prominently discusses last week’s Capitol Hill press conference, the British-Saudi role, and the fight to declassify the 28 pages.

• In the U.S., there are hundreds of articles and repostings on the 28 pages and the Jan. 7 press conference. Notable are the well-known websites Crooks & Liars, ZeroHedge.com, Daily Beast, the DemocraticUnderground, and the hard-core neo-con site PJMedia.com (run by notorious Michael Ledeen and David Horowitz). PJ’s “Tatler” blog has a posting: “Why Is Saudia Arabia’s Complicity in 9/11 Still Being Redacted?”

• ZeroHedge.com’s posting is “How to beat terrorism: Stop making the seven same mistakes”—its recommendations include:

I. Stop Overthrowing the Moderates and Arming the Crazies…. we’re arming the most violent radicals in the Middle East, as part of a really stupid geopolitical strategy to overthrow leaders we don’t like…

“II. Stop Supporting the Dictators Who Fund Terrorists. Saudi Arabia is the world’s largest sponsor of radical Islamic terrorists. The Saudis have backed ISIS and many other brutal terrorist groups.  According to sworn declarations from a 9/11 Commissioner and the Co-Chair of the Congressional Inquiry Into 9/11, the Saudi government backed the 9/11 hijackers.”

They conclude with: VII. Stop Covering Up 9/11, which includes a video link to the January 7th Press conference, on the call to release the 28 pages.

Wall Street bribery and U.S. House leadership stupidity combined to give another big “victory” to the big banks over the regulations of the Dodd-Frank bill on Jan. 14. The House voted 271-154 for yet another bill, HR 37, containing sticks of dynamite for bankrupt Wall Street banks to use to blow up the approaching financial crash.

The anti-Wall Street backlash group of leading Democrats which has formed in both Houses against these bills, is demanding that Obama veto this one. But he’s signed two bills in the past month with the same kind of Wall Street regulation-killers and bailout provisions in them, including repeals of derivatives regulations which Obama opposed back when Dodd-Frank was passed in 2010.

The Wall Street strategy, as described in repulsive detail in a front-page New York Times story yesterday morning, is: Pay for massive lobbying ($110 million estimated in 2014); and corrupt Congress with wall-to-wall campaign and PAC contributions, with special largesse to the financial committees of both Houses. All other economic sectors cut back their lobbying expenditures in 2014, the Times reported; Wall Street juiced theirs up.

The Glass-Steagall Act — a simple structural reform which breaks up megabanks on “bankruptcy reorganization” principles — worked for 60 years and will work again. But Dodd-Frank — a thousand little regulations supposed to take effect at various times within 5-7 years (when it was passed in 2010) — doesn’t work. What Wall Street is doing now, with Rep. John Boehner’s GOP leadership, is simply postponing those Dodd-Frank resolutions which cramp their wilder speculations, off into 2019 or later.

Their latest triumph, HR 37, lets them speculate with “CLOs” — collateralized loan obligations — until 2019 at least. One has to read Michael Lewis’s The Big Short to appreciate how destructive CLOs and their evil cousins “CDOs” — collateralized debt obligations — were to the economy in the 2007-08 financial crash. Secondly, HR 37 lets Wall Street banks that own, say, oil or gas operations trade derivatives over the counter (i.e., out of sight and regulation) rather than in central clearinghouses.

These victories by a bankrupt Wall Street, over a sticks-and-straws Dodd-Frank Act which was passed to block Glass-Steagall, brings restoring Glass-Steagall back front-and-center.

This was reported most bluntly in a USA Today column Jan. 13, “Clip Dodd-Frank at Your Own Risk.” It notes,

“The hodgepodge of measures and regulations adopted in Dodd-Frank were a convoluted way to avoid the simple and obvious solutions to the problem — forcing the banks to reduce their size and reinstating Glass-Steagall separation between investment and commercial banks. To the extent that the bank lobby and their advocates in Congress are successful in chipping away at Dodd-Frank, they will only make it clearer that a more radical solution is needed.”

If the Wall Street-hating general public gets involved, the bipartisan bills in both Houses to restore Glass-Steagall, could prevail, the column concludes.

Wall Street bribery and U.S. House leadership stupidity combined to give another big “victory” to the big banks over the regulations of the Dodd-Frank bill on Jan. 14. The House voted 271-154 for yet another bill, HR 37, containing sticks of dynamite for bankrupt Wall Street banks to use to blow up the approaching financial crash.

The anti-Wall Street backlash group of leading Democrats which has formed in both Houses against these bills, is demanding that Obama veto this one. But he’s signed two bills in the past month with the same kind of Wall Street regulation-killers and bailout provisions in them, including repeals of derivatives regulations which Obama opposed back when Dodd-Frank was passed in 2010.

The Wall Street strategy, as described in repulsive detail in a front-page New York Times story yesterday morning, is: Pay for massive lobbying ($110 million estimated in 2014); and corrupt Congress with wall-to-wall campaign and PAC contributions, with special largesse to the financial committees of both Houses. All other economic sectors cut back their lobbying expenditures in 2014, the Times reported; Wall Street juiced theirs up.

The Glass-Steagall Act — a simple structural reform which breaks up megabanks on “bankruptcy reorganization” principles — worked for 60 years and will work again. But Dodd-Frank — a thousand little regulations supposed to take effect at various times within 5-7 years (when it was passed in 2010) — doesn’t work. What Wall Street is doing now, with Rep. John Boehner’s GOP leadership, is simply postponing those Dodd-Frank resolutions which cramp their wilder speculations, off into 2019 or later.

Their latest triumph, HR 37, lets them speculate with “CLOs” — collateralized loan obligations — until 2019 at least. One has to read Michael Lewis’s The Big Short to appreciate how destructive CLOs and their evil cousins “CDOs” — collateralized debt obligations — were to the economy in the 2007-08 financial crash. Secondly, HR 37 lets Wall Street banks that own, say, oil or gas operations trade derivatives over the counter (i.e., out of sight and regulation) rather than in central clearinghouses.

These victories by a bankrupt Wall Street, over a sticks-and-straws Dodd-Frank Act which was passed to block Glass-Steagall, brings restoring Glass-Steagall back front-and-center.

This was reported most bluntly in a USA Today column Jan. 13, “Clip Dodd-Frank at Your Own Risk.” It notes,

“The hodgepodge of measures and regulations adopted in Dodd-Frank were a convoluted way to avoid the simple and obvious solutions to the problem — forcing the banks to reduce their size and reinstating Glass-Steagall separation between investment and commercial banks. To the extent that the bank lobby and their advocates in Congress are successful in chipping away at Dodd-Frank, they will only make it clearer that a more radical solution is needed.”

If the Wall Street-hating general public gets involved, the bipartisan bills in both Houses to restore Glass-Steagall, could prevail, the column concludes.

Wall Street bribery and U.S. House leadership stupidity combined to give another big “victory” to the big banks over the regulations of the Dodd-Frank bill on Jan. 14. The House voted 271-154 for yet another bill, HR 37, containing sticks of dynamite for bankrupt Wall Street banks to use to blow up the approaching financial crash.

The anti-Wall Street backlash group of leading Democrats which has formed in both Houses against these bills, is demanding that Obama veto this one. But he’s signed two bills in the past month with the same kind of Wall Street regulation-killers and bailout provisions in them, including repeals of derivatives regulations which Obama opposed back when Dodd-Frank was passed in 2010.

The Wall Street strategy, as described in repulsive detail in a front-page New York Times story yesterday morning, is: Pay for massive lobbying ($110 million estimated in 2014); and corrupt Congress with wall-to-wall campaign and PAC contributions, with special largesse to the financial committees of both Houses. All other economic sectors cut back their lobbying expenditures in 2014, the Times reported; Wall Street juiced theirs up.

The Glass-Steagall Act — a simple structural reform which breaks up megabanks on “bankruptcy reorganization” principles — worked for 60 years and will work again. But Dodd-Frank — a thousand little regulations supposed to take effect at various times within 5-7 years (when it was passed in 2010) — doesn’t work. What Wall Street is doing now, with Rep. John Boehner’s GOP leadership, is simply postponing those Dodd-Frank resolutions which cramp their wilder speculations, off into 2019 or later.

Their latest triumph, HR 37, lets them speculate with “CLOs” — collateralized loan obligations — until 2019 at least. One has to read Michael Lewis’s The Big Short to appreciate how destructive CLOs and their evil cousins “CDOs” — collateralized debt obligations — were to the economy in the 2007-08 financial crash. Secondly, HR 37 lets Wall Street banks that own, say, oil or gas operations trade derivatives over the counter (i.e., out of sight and regulation) rather than in central clearinghouses.

These victories by a bankrupt Wall Street, over a sticks-and-straws Dodd-Frank Act which was passed to block Glass-Steagall, brings restoring Glass-Steagall back front-and-center.

This was reported most bluntly in a USA Today column Jan. 13, “Clip Dodd-Frank at Your Own Risk.” It notes,

“The hodgepodge of measures and regulations adopted in Dodd-Frank were a convoluted way to avoid the simple and obvious solutions to the problem — forcing the banks to reduce their size and reinstating Glass-Steagall separation between investment and commercial banks. To the extent that the bank lobby and their advocates in Congress are successful in chipping away at Dodd-Frank, they will only make it clearer that a more radical solution is needed.”

If the Wall Street-hating general public gets involved, the bipartisan bills in both Houses to restore Glass-Steagall, could prevail, the column concludes.