Monday, December 21, 2009
Archimedean Theorem III – Obscurity’s Reign is Ending
[….] didn’t receive much press but one day will come back to haunt our collective conscience.
When Standard & Poor’s added SAIC to the S&P 500 Index officially on December 18, 2009, they rounded out the week of moral carnage.
Those familiar with SAIC should recall that the company had difficulty going public in 2006 due to “accounting irregularities”.
Among the most tedious and opaque were the mysterious missing funds surrounding the Greek Olympic security contracts – a matter that in its most recent 10-Q filing is still unresolved.
Are you listening?
A public company, now a component of the S&P 500, is still failing to have accountability for a contract entered in 2003 for work for the Greek Olympic security.
Six years later and they’re protecting WHAT???
Where is the “missing” $120 million?
What security did it purchase?
Saturday, February 19, 2011
Trickle Down Morality
The Occidental policy failure was to mistake the counterparty who would accept our deal – the puppet autocrat who we’d promote into political supremacy – as an evidentiary party to the acquiescence of a country to our values and our proposed terms of engagement.
We didn’t build alliances, we bribed malleable characters. And now, we’re watching as the façades fall.
While the covert abuses
– from Reagan’s Nicaraguan Iran-Contra illegal activity to Bush-Cheney’s Bulf Oil and Greek Olympic “Security” financing of the weapons which are killing coalition forces –
accelerate the failure of our misguided ideology, the overt, reported financing of moral exceptions to our stated values shows a level of hypocrisy which undermines any honor or credibility we might otherwise have.
In the minds of an Asian or African observer, our willingness to place expediency as a paramount value when it comes to ideology amplifies the instability in countries around the world and erodes our ability to have any significant impact on transitions which are breaking out across the globe.
In contrast, Chinese success in Nigeria, Afghanistan, Southeast Asia and even “liberated” Iraq, comes complete with good old-fashioned trading – not on ideology but on assets – the way it’s always been done.
The Chinese are no more amenable to theocracies than their democratic, capitalist competitors.
However, in commodity value exchanges, ideology is subservient to transactive interest.
Posted by David Martin
MAY 16, 2004
The United States is among a seven-nation security advisory group assisting Greek authorities. Greece also has asked NATO to help safeguard the Olympics, mainly with aerial surveillance, sea patrols and protection against a chemical, biological or nuclear attack.
“We all understand it is a difficult environment,” Miller said. “It’s a big challenge, but cooperation is excellent.”
Caramanlis will also meet with Vice President Dick Cheney. Secretary of State Colin Powell and Condoleezza Rice, Bush’s national security adviser.
Originally Posted – October 21, 2005
Firm Guilty Of Kickbacks In Oil-For-Food Program
In September, 2001, Midway acquired the remainder of Bulf Oil’s allocation of oil, at a purchase price of $22 million, under the Oil-for-Food Program.