Tuesday, May 29, 2012

Dewey & Leboeuf files for bankruptcy, biggest collapse of law firm in US history

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5/29/12, "Dewey files for chapter 11 in record US law firm collapse," Reuters

"The crippled law firm Dewey & Leboeuf LLP filed for chapter 11 bankruptcy protection Monday night and will seek approval to liquidate its business after failing to find a merger partner, marking the biggest collapse of a law firm in U.S. history.

Once one of the largest law firms in the U.S., Dewey has been hit by the loss of the vast majority of its roughly 300 partners to other firms amid concerns about compensation and a heavy debt load.

Dewey had warned employees earlier this month of the possibility the firm may shut down, and a person familiar with the matter had told Reuters that the firm was considering a bankruptcy filing.

"Dewey's failure is rocking the industry in the sense that most firms are saying to themselves, if Dewey could go down, could we?" Kent Zimmermann, a legal consultant at the Zeughauser Group, said in an email Monday night....

The firm had two dozen offices worldwide, including in Washington, Los Angeles and London. Some of the firm's biggest clients included General Motors Corp, eBay, Novartis, Ambac and Berkshire Hathaway Reinsurance Division."

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Ed. note: Now, we're getting someplace.


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350.org merged with billionaire Rockefeller Brothers fund in April 2011, Rockefeller seeks to stop coal plants, Keystone Pipeline

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10/10/11, "Bill McKibben Speaks At Occupy Wall Street, Addresses Keystone XL Pipeline," Huffington Post

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4/21/11, "1Sky and 350.org: Stronger as One," rbf.org, Rockefeller Brothers Fund, Jessica Bailey
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Ed. note: Rockefeller claims he's about creating 5 million 'green jobs.' Obama spent a minimum of $90 billion and only created 16,000 'green jobs' according to labor statistics:

5/27/12, "Green energy jobs far short of Obama goal," Washington Examiner, Brian Hughes

"Obama spent $90 billion of his stimulus package on green energy projects, including weatherization of buildings and development of electric vehicles. Yet, by the end of last year, just 16,100 people landed new jobs in the so-called green industry, Labor Department statistics show, far short of the 200,000 jobs the White House projected it would help create each year." (parag. 6)

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Ed. note: In this one example $5.5 million was spent for each 'green' job. Rockefeller isn't into "creating," his game is the reverse.


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David Rockefeller: "The social experiment in China under Chairman Mao's leadership is one of the most important and successful in history.""...

Aug. 10, 1973, "From a China Traveler," NY Times, by David Rockefeller, Chairman Chase Manhattan Bank. Article link at scribd.com

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Sure, pal. You "care."
"Republicans Who Care was established in October 2002"

Board includes David Rockefeller:

"Tom Davis
Amory Houghton, Jr.
Pete Peterson
David Rockefeller
Brent Scowcroft
John Whitehead
Robert Ziff"

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1993: page 75, “In searching for a new enemy to unite us,
we came up with the idea that .. global warming.. would fit the bill…It does not matter if this common enemy is a real one or…one invented for the purpose.” -Club of Rome"
Above Club of Rome attribution 1993 book, "The First Global Revolution," Alexander King and Bertrand Schneider, p.75.

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BBC's Richard Black says battle over EU fishing 'rules' is between selfless northern countries and greedy southern ones

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Richard Black erroneously states, "In 2002, all governments of the world pledged to restore (fish) stocks to MSY."...The US made no such pledge, not eager in 2002 to waste hard-earned taxpayer money sending a delegation to another UN bacchanal of "tens of thousands."

5/28/12, "EU fishing reforms face weakening," BBC, Richard Black

"The main battle line pits more conservation-minded northern countries such as Germany and Sweden against southern states keener to protect fishermen's' short-term interests, including Spain, Portugal and France.

"The question is very basic - do EU fisheries ministers have the courage to end overfishing or not?" said Markus Knigge, advisor to the Pew Environment Group.

The original CFP reform proposal put forward by European Fisheries Commissioner Maria Damanaki last year contained three key elements:

  • restore all fish stocks to maximum sustainable yield (MSY) by 2015
  • reduce and regulate the size of the EU's fishing fleet through an internal trading mechanism
  • eliminate the wasteful practice of discarding fish that are outside a boat's quota.

Governments have been negotiating on Ms Damanaki's proposal ever since, with the aim of finalising a package by next year.

Trading Scheme

The trading mechanism, known as Individual Transferable Quotas, saw considerable opposition and will almost certainly not happen.

Instead, each member state will take responsibility for managing the size of its own fleet. The final agreement is likely to include a mechanism for sanctioning countries that do not make adequate arrangements.

This is raising alarm bells with some environment groups, who point out that many EU nations have proven unwilling to manage their fleets in the past.

Agreeing decentralised, regional management was a priority for the UK, which has successfully reduced capacity in its own fleets....

In 2002, all governments of the world pledged to restore stocks to MSY "with the aim of achieving these goals for depleted stocks on an urgent basis and where possible not later than 2015".

European ministers are arguing that the words "where possible" mean they are entitled to water down the 2015 commitment.

However, environment groups argue that the words were included only to allow poorer developing nations time to gather the data needed to set an MSY target....

Next month the Danish government hosts a key session of environment ministers at which it plans to secure a show-of-hands agreement on major elements of the package....

"We need firm dates for MSY, and we need a firm and effective discard ban as part of the basic rules," said Ms Damanaki (EU Fisheries Commissioner)."

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8/15/2002, "Conservatives praise Bush for opting out of U.N. Earth summit," AP

US voters did not elect parasites at the UN or the Pew Environment Group.

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The non-existent 2002 "all world governments" agreement to which Mr. Black likely refers was a wasteful extravaganza attended by "tens of thousands" at taxpayer expense:

From eoearth.org: "World Summit on Sustainable Development (WSSD), Johannesburg, South Africa," from 26 August to 4 September 2002.

"Tens of thousands participated in this World Summit including a World Summit on Sustainable Development bureau appointed by the UN, heads of State and Government, national delegates and leaders from non-governmental organizations (NGOs), businesses, and other major groups. The summit focused the world's attention toward meeting difficult challenges, including improving people's lives and conserving natural resources, with ever-increasing demands for food, water, shelter, sanitation, energy, health services and economic security.

The summit was called in large part to assess world developments in sustainability since the 1992 Earth Summit, and to evaluate the effectiveness of Agenda 21 and other agreements reached at the 1992 meeting. Attendees assessed the effectiveness of Agenda 21, to what extent countries had kept up their commitment to the agenda, how challenges to sustainability had changed, and how to properly address new challenges....

Type 2 agreements were a reflection of the massive change in landscape that had occurred over the previous 10 years, with NGOs and business taking a far more important role in international environmental affairs....In terms of sustainable development, the World Summit on Sustainable Development had the distinction of actually having those two magic words in its very title....Even though some argued that the term had lost its ‘edge’ and was mostly being used rhetorically, the fact remained that it had also become a political necessity. For those who believed in the concept, this was a chance to put meaning into it."...

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Ed. note: Mr. Black, how did "poorer" nations get that way? Why do millionaires sometimes go broke?

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5/9/2002, "Costing the Earth," BBC Radio 4

"In Washington DC, the courts are being used to clean up the capital city's smog. In California, the state government has introduced some of the world's strictest regulations on poisonous emissions from cars. And one by one the great corporations, the lifeblood of the American economy, are being converted to the environmental cause as they become convinced that there's dollars to be made from going Green."

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'Mayor Bloomberg, long fabled white knight' in minds of long-suffering staffers of NY Times

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5/28/12, "A New York Times Who Dunit," NY Magazine, Joe Hagan

"As with the Journal, the low stock price of the Times makes the company vulnerable to protests by stockholders, who could, if such an offer were forthcoming, at the very least bring expensive legal action against the paper if it resisted and further tempt an already anxious family to sell the paper.

That has led to speculation, and not for the first time, that Mayor Bloomberg, a long-fabled white knight for beleaguered Times staffers, could swoop in and save the paper from itself, a kind of best worst-case scenario for the Ochs-Sulzberger family. Here, after all, would be the decisive leader the paper yearned for, a ­powerful and wealthy businessman who has shown ample commitment to the city that gives its name to the greatest newspaper in the world. In theory, this benevolent dictator could afford to lose money for the greater good of journalism in America.

Bloomberg LLC wouldn’t comment on whether the mayor would make a bid for the New York Times. As it stands, there are no talks happening."...(end of p. 6)

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Ed. note: A newspaper that makes up lies to incite racial hatred and violence is 'a greater good?'

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NY Times edit of dispatcher transcript invites the world to believe Zimmerman volunteered that Trayvon Martin "looked Black," or was "in a gray hoodie, looked Black." Not true.

4/3/12, "NYT Zimmerman Edit Even Worse in Print Edition," Breitbart, Big Journalism, Joel B. Pollak

"After Breitbart.com pointed out yesterday that the New York Times had joined NBC and MSNBC in selectively editing George Zimmerman's 911 call to make him look like a racist, a reader emailed us to note that the misleading edit was even worse in some print editions of the newspaper.

Here is the 911 call transcript."...

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4/2/12, "New York Times Repeats NBC Smear With Selective Edit of Zimmerman 911 Call," Breitbart, Big Journalism, Joel B. Pollak

"Today's front-page article in the New York Times on the Trayvon Martin case repeated NBC's attempt to cast George Zimmerman as a racist by selectively editing his 911 call."

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3/31/12, Updated 4/3, NBC admits editing error on Zimmerman tape

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"This is a scurrilous article! Where's the evidence? It's just creepy, New York aversion to the fly-over people.
While Mr. Obama will always be known to the history books as the country’s first black president, his mixed-race heritage has only rarely surfaced in visible and explicit ways amid the tumult of a deep recession, two wars and shifting political currents.
Exactly. It's remarkable, the absence of racism. But the NYT is just so eager to rake some up anyway.
  • The Obama campaign aggressively monitors any racial remarks made against the president, but officials rarely openly discuss Mr. Obama’s race....
Don't you think this material, searched for so diligently, would be passed on to the NYT if something could be made of it?"...

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More, 5/6/12, "NY Times Goes Hunting for Racist 'Ultraconservatives' in Ohio Who Won't Support Obama," NewsBusters, Tim Graham

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How the NY Times viciously misreported the 1991 Crown Heights riots:

8/9/11, "Telling It Like It Wasn’t," Jewish Week, Ari Goldman

"Yet, when I picked up the paper, the article I read was not the story I had reported. I saw headlines that described the riots in terms solely of race. “Two Deaths Ignite Racial Clash in Tense Brooklyn Neighborhood,” the Times headline said. And, worse, I read an opening paragraph, what journalists call a “lead,” that was simply untrue:

“Hasidim and blacks clashed in the Crown Heights section of Brooklyn through the day and into the night yesterday.”

In all my reporting during the riots I never saw — or heard of — any violence by Jews against blacks. But the Times was dedicated to this version of events: blacks and Jews clashing amid racial tensions. To show Jewish culpability in the riots, the paper even ran a picture — laughable even at the time — of a chasidic man brandishing an open umbrella before a police officer in riot gear. The caption read: “A police officer scuffling with a Hasidic man yesterday on President Street.”

I was outraged but I held my tongue. I was a loyal Times employee and deferred to my editors. I figured that other reporters on the streets were witnessing parts of the story I was not seeing."...

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12/10/04, "Jayson Blair: A Case Study of What Went Wrong at The New York Times," PBS.org, NewsHourOnline

"On May 1, 2003, 27-year-old New York Times reporter Jayson Blair resigned amidst charges that he plagiarized a story about the family of an American soldier in Iraq.

A scar on the reputation of one of the country's most influential newspapers, the Blair scandal launched a massive internal review of The Times' hiring, management and reporting practices and led to a staff shake-up ending with the resignation of two of the paper's top editors."...

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Ed. note: This country would have a real chance if the NY Times did not exist.


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Multi-year Arctic ice in larger quantities than seen in over a decade, lower temps., ocean currents contribute-LA Times

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A region that "in normal years would be accessible by mid-July. This year, it may be unreachable until late July or early August."

5/25/12, "Heavy sea ice could mean slight delay in offshore Arctic drilling," LA Times, Kim Murphy

"The heaviest polar ice in more than a decade could postpone the start of offshore oil drilling in the Arctic Ocean until the beginning of August, a delay of up to two weeks, Shell Alaska officials said.

Unveiling a newly refurbished ice-class rig that is poised to begin drilling two exploratory wells this summer in the , Shell executives said Friday that the unusually robust sea ice would further narrow what already is a tight window for operations. ...

Shell has pledged to end its first season of by Oct. 31 in the Beaufort Sea and 38 days earlier in the more remote Chukchi Sea to remain within the relatively ice-free summer season.

Meeting with reporters and Sen. Mark Begich, D-Alaska, on board the Kulluk drilling rig in the Seattle shipyards, Shell's vice president for Alaska operations, Pete Slaiby, said the company had given up on its controversial attempt to win permission from the federal government to extend Chukchi drilling though October as well....

The summer ice melt in the Arctic has often reached record levels in recent years in what many scientists believe is a sign of climate change. But this year a high pressure zone over the coast of Alaska, low and certain have combined to bring unusually large amounts of ice not only to Alaska's northern coast, but farther south in the Bering Sea as well, officials said.

"I do think it's going to be a slow breakup this year," Kathleen Cole, sea ice program leader for the weather service, told the Los Angeles Times.

The result is that while Canadian waters in the far northern Atlantic have relatively low ice levels, Alaska is an iceberg - at least for now.

"We're seeing multiyear ice that they've not seen in such large quantities in over a decade, and it could impact our ability to start the well," Slaiby said. Of particular concern, he said, is the region of the Chukchi Sea around the company's Berger Prospect - potentially the crown jewel of the company's offshore oil inventory - which in normal years would be accessible by mid-July. This year, it may be unreachable until late July or early August.

Company officials say they need shore-fast ice to retreat at least one nautical mile from the coast of Point Barrow, the northernmost tip of the Alaskan coast, before proceeding....

Friday's tour was to showcase the $150-million refurbishing the company has undertaken on the 29-year-old Kulluk , recently resurrected from nearly a decade of cold storage in the Canadian Arctic....

Shell still must obtain final permits for both offshore leasing areas before sending down the first drill bits, but those are expected to be approved once the new emissions equipment and capping stack are tested.

Conservationists have filed lawsuits challenging air emission permits approved by the Environmental Protection Agency, and Shell has launched a pre-emptive suit in an attempt to get other potential environmental challenges aired quickly."

"More information: (c)2012 the Los Angeles Times " via Climate Depot


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Monday, May 28, 2012

US taxpayer paid $5.5 million for each of Obama's alleged 'green jobs' per Labor Dept. statistics

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5/27/12, "Green energy jobs far short of Obama goal," Washington Examiner, Brian Hughes

"Obama spent $90 billion of his stimulus package on green energy projects, including weatherization of buildings and development of electric vehicles. Yet, by the end of last year, just 16,100 people landed new jobs in the so-called green industry, Labor Department statistics show, far short of the 200,000 jobs the White House projected it would help create each year." (parag. 6)

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Ed. note: In this one example alone $5.5 million was paid for each alleged 'green' job.


via Tom Nelson

Memorial Day 2012

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Above, World War II US Air Force pilot and his Stearman biplane; below same soldier in his Air Force Uniform sometime in the 1940's, surviving.


  • Born in Brooklyn in 1922


Here he is on Mother's Day, 2012. Thanks, Dad.


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Labor unions collect over $8 billion a year in dues-Union Facts

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9/15/2011, "Union Statistics: What You May Not Know," LaborUnionReport.com

"The folks at UnionFacts.com have a ‘vital statistics‘ page that provides some good information about unions that many Americans may not know. Here is just some of the information:

Financial Information

Annual Dues Paid to Unions: $8,217,838,676
Total Union Assets: $8,804,794,935
Total Spending
Representational Activities: $4,081,097,858
Political Activities: $579,624,489
External Contributions: $321,121,214
Overhead: $3,905,927,269
Unions that fail to pass Department of Labor audits: 92%

Percentage of Employees that Voted for their union: Less than 10%

Data from the Bureau of Labor Statistics and the National Labor Relations Board indicates that less than 10 percent of currently unionized employees voted for the union in their workplace.

Union Officials

Total union officers and staff members: 173,503 people
Total compensation paid to union officials and officers: $1,141,540,980
Total compensation paid to union employees: $2,562,757,481

Diversity

Major Unions with White Presidents: 94%
Major Unions with Male Presidents: 89%

Labor Law Violations

Unfair Labor Practices filed against unions in the last 10 years: 65,529
Duty of Fair Representation 32,235
Hiring Halls 2,236
Actions of Picketers 1,742
Union Security Related (including Beck) 1,636
Coercive Statements 1,376

Source: National Labor Relations Board Case Activity Tracking System database.

Union Membership as a percentage of total U.S. Labor Force

Total Union Members: 14.7 Million
Percentage of Workforce that is Unionized: 11.9%
Private Sector Employees: 7.0 million (6.9%)
Public Sector Employees: 7.6 million (36.2%)

Source: UnionStats.com analysis of Bureau of Labor Statistics ‘ Current Population Survey.

For more, check out UnionFacts.com" via Free Republic

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5/27/12, "The labor movement that arose as a desperate defense against unbridled exploitation has degenerated into a stultifying, mafia-style monopoly whose grip on any business

  • dooms that business to slow strangulation."...Victor Volsky, AT


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