EASY READING CULTURE OF LIFE NEWS: ALL IN THE FAMILY XI: BREAKING OMERTA « Culture of Life News 2
The ugly Rose Museum of Modern Art at Brandeis University is being closed because it lost all of its funding due to the Madoff mess. So they are selling all of their ‘art’ in the middle of one of the worst art auction collapses. Anyone want a painting of a Cambell’s soup can? Heh. More proof is pouring out that Madoff started his scam in the late fifties and his mom and dad enabled him up and down and all around the Jewish immigrant community. And JP Morgan was a big investor in Madoff and suddenly terminated this last August. Arrest them all. And Madoff was such a schmuck, he even forced one of his poor flunkies to sign for his Mercedes Benz!
Madoff’s Tactics Date to 1960s When Father-in-Law Was Recruiter
Bernard Madoff’s practice of promising investors double-digit returns dates to the founding of his firm in 1960 when his father-in-law steered clients to him, according to court records and customers.
Madoff, accused by the U.S. of running a $50 billion Ponzi scheme, got a boost in his early years from accountant Saul Alpern, the father of his wife Ruth. Alpern referred friends and their relatives who spent winters in North Miami Beach and summers at the Sunny Oaks Hotel in New York’s Catskill Mountains in the 1960s, according to Cynthia Arenson, the hotel owner.
“His son-in-law just opened a firm, and he was doing very well,” said Arenson, 68, who lost at least $1.25 million with Madoff. “Wouldn’t you encourage your friends to invest with him? Sometimes they got 18 percent, sometimes they got 19 percent.”
A 19% return is huge! And of course, the Jewish community, which came to the US, mostly poor, loved it. I remember these ‘inside deals’ back in the early seventies. I lived right in the middle of this community and this was the chatter at dinner parties. The community thought there was some magical way they could get rich and was very eager to find this lodestone. I don’t blame them at all, after all, most Americans are from other places and came here with very little or nothing. The struggle to survive in the Lower East Side ghetto was fierce and desperate.
Many immigrant groups huddle together to survive in a harsh new world and this was very much true of the Jews from Eastern Europe and Russia. My husband’s grandmother spoke absolutely no English after living in the US from before WWI, for example. But her daughter spoke impeccable English and was a fine corporate secretary. Quite an achievement. These sort of insular immigrant communities are easy pickings for con men who are of the same background. No one will turn these con men in which is why the Mafia flourished in Italian neighborhoods.
Madoff’s business was to exploit the trust of an insular community that trusted each other but not outside investigators. Then, they foolishly closed ranks and held this viper even closer to their breasts. The omerta wall of silence was a great protection for criminals within the community. On top of this, Madoff was generous to the Jewish community and wove into his scheme, nearly every single possible charity run by Jews.
Banks Agree to Send $535 Million to Madoff Trustee
Bank of New York Mellon Corp. and JPMorgan Chase & Co. agreed to transfer about $535 million in the accounts of collapsed trading firm Bernard L. Madoff Investment Securities LLC to Irving Picard, the trustee liquidating the brokerage.
Bank of New York agreed to transfer $301.4 million and JPMorgan agreed to transfer another $233.5 million, according to court papers filed today in U.S. Bankruptcy Court in New York.
The banks will send the funds to Picard by Feb. 6 and the trustee agreed to indemnify the banks against any claims brought as a result of the transfers, according to court documents. A hearing on the agreements is scheduled for Feb. 4 before Judge Burton Lifland.
Good thing they have some loot to hand over. Thanks to all of us. We gave these corrupt banks lots and lots and lots of money so they could live in high style and still be able to hand some over to the cops. I adhere like glue to the notion that all of the executives of all these bankrupt banks be arrested and charged with reckless endangerment if nothing else is available.
JPMorgan Chase says that its potential losses related to Bernard L. Madoff, the man accused of engineering an immense global Ponzi scheme, are “pretty close to zero.” But what some angry European investors want to know is when the bank cut its exposure to Mr. Madoff — and why.
As early as 2006, the bank had started offering investors a way to leverage their bets on the future performance of two hedge funds that invested with Mr. Madoff. To protect itself from the resulting risk, the bank put $250 million of its own money into those funds.
But the bank suddenly began pulling its millions out of those funds in early autumn, months before Mr. Madoff was arrested, according to accounts from Europe and New York that were subsequently confirmed by the bank. The bank did not notify investors of its move, and several of them are furious that it protected itself but left them holding notes that the bank itself now says are probably worthless.
The Jewish partners of JP Morgan couldn’t convince investors to join the Madoff mess unless they guaranteed the investments? HAHAHA. Since all ponzi schemes have to grow faster and faster to stay alive and this one was absolutely gigantic, more and more people were drawn into it, many of whom were now not Jews in the immigrant community but were the general public. When the immigrant community Jews who belonged to JP Morgan finally figured out [or knew beforehand, this was a ponzi scheme] decided to bail themselves out, they simply did the usual omerta thing and didn’t tell the investors, they were no longer insured.
Now, guess where this money to cover these frauds comes from? JP Morgan essentially has no money. It had to turn itself into a ‘bank’ and now goes merrily to the US taxpayers for ‘capitalization.’ The money to pay to the government investigators will come from us, not these Jewish financiers. The executives who decided to secretly pull these funds should be arrested for fraud and embezzlement. Seriously. This is stealing from investors, the very definition of embezzlement.
Mr. Madoff attracted a large share of investments from foundations and non-profits. If you’re running a Ponzi scheme, you might want to manage foundation money — the principal is likely to stay invested for the long term.
I’m posting the list because this is a matter of public concern: These foundations serve the public interest, and if the non-profits that rely on them have been financially crippled we should get a heads up.
The philanthropic world also should wonder if there aren’t more Madoffs out there. These foundations didn’t do anything wrong; they thought they were safely invested in a variety of financial instruments that they describe on the tax forms. Unfortunately, we now know that those securities apparently didn’t actually exist, and other foundations should take heed.
Here is one foundation that was built on Madoff sand:
On its website, Brandeis University’s Rose Art Museum styles itself as “an outstanding collection of modern and contemporary art widely recognized as the finest of such collections in New England.” Now you can color it gone — the Boston Globe is reporting that Brandeis, a highly rated private school in Waltham, Mass., is going to close the museum this summer and sell off its collection of more than 6,000 art works.
Works by Andy Warhol, Jasper Johns, Willem de Kooning, Roy Lichtenstein and Robert Rauschenberg are part of the cache that will come on the market as Brandeis strains to plug what’s reported to be a budget deficit as high as $10 million…
A major Brandeis donor, the Carl and Ruth Shapiro Family Foundation, was hit hard by investing with financier Bernard Madoff, the alleged Ponzi-schemer. It had given more than $3 million to Brandeis in 2007, according to media reports.
The Jewish community loved modern art. Back when many of them emigrated out of Europe, they didn’t have money for the ‘old masters’ and didn’t have money to support the sort of effort and months of work that goes into making regular art. Washington, DC is awash in marble statues and monuments which was considered ‘art’ by the rich. NYC also has many statues and paintings, etc. which the Belle Epoch super-rich, virtually none of whom were Jewish, lavished upon the public.
After WWI, this sort of art began to collapse due to the financial woes of the European empires. A flood of ‘old art’ came into America. Many a Jewish millionaire, as members of this community got richer, bought up, lock, stock and barrel, this treasure trove suddenly released by revolutions and wars. The lower levels of the community couldn’t buy this stuff. So they created their own artistic style which involved, incidentally, virtually no actual work. I consider one of the biggest scams in the history of art to be this system.
Namely, the ‘artist’ would spend an hour, maybe two, sometimes, even three, ‘creating’ something. I used to compare this ‘art’ to the Emperor’s New Clothes. The indoctrination that went on, trying to convince everyone that splashing paint for ten minutes was ‘art’ involved getting all the schools to teach this new system to everyone. And then control the system for selling this scam at auctions. The increasingly severe ugliness of this ‘art’ is astonishing.
Hitler struck out at this and said it was a scam. And then tried to replace it with Nazi art which was also a scam. And equally ugly. Uglier than communist art which, at least, had some honest emotions behind it, at first. But it soon turned into a straight jacket in Russia and China, of course. In the US, the straight jacket was equally severe. Recently, Wyeth died.
Andrew Wyeth’s final painting and one of his most famous works will be on display this weekend at the Brandywine River Museum near his suburban Philadelphia home.
He was viciously savaged in the press. Why? Well, it took him nearly forever to paint his pictures and they looked beautiful! And the public loved his art! A triple whammy for the writers in the media selling the ugly art as great art. He challenged the entire art community that depended heavily on two things: art should be very easy to do and it should be lucrative to sell. And each depended on the other.
If they could lock out of the markets and mock anyone who broke the Emperor’s New Clothesline, they could artificially elevate the value of worthless junk and peddle this to the goyim. This worked just great. Even when Wythe died, all the headlines mentioned how ‘controversial’ he was! Hell’s bells! He was very uncontroversial if we had a sane art community. But we don’t. The howls that followed him all his long life were renewed when he died. One Jewish writer in the NYT even snarked that the Museum of Modern Art parked his ‘disgusting’ painting that looked ‘real’ in a side gallery and didn’t promote it.
This, incidentally, is why I never took a single art course. I tried and gave up. The school of art recoiled from my paintings like I was some sort of virus. Ick. I suspect future generations of art historians will look at this period as the equivalent of the Dark Ages, most of the valuable art being discarded as disgusting or stupid. So I bid farewell to the Brandeis Rose Museum with a big, fat razzberry.
As is usual these days, the comments to articles are far smarter than the articles, themselves. I will note here another thing which will earn me the name, ‘anti-semite’ but which is true: if you are a Jewish writer and support the status quo that keeps things the way they are going, you will be published, promoted and petted. Even if you are completely stupid and anyone with half a brain can tear apart your work, if you are Jewish and support the system, you will continue to be published and petted and put on TV.
So if anyone wishes for a sane analysis, we have to go to the ‘comments’. I suspect, if these comments continue to run against the Agenda, they will end up being deleted entirely. I cannot comment at the Times, for example, due to severe censorship. Still, new people step up to the plate and try to explain the obvious which seems invisible to many Jewish commentators and reporters.
Bernie was pretty smart, he played the cards he was dealt which included insights into the behavior of the Jewish community. Everyone was an inside player and everyone was getting a piece of the action wholesale (no management fee) which had a slight feel of being crooked due to it’s low key, hush, hush, exclusivity, wink, wink. The worst that could happen is that Bernie would get caught and they could take their money elsewhere. No one wanted to look too closely. It is really the only way to explain the consistently lax oversight. Bernie has a system, don’t ask, don’t tell, you don’t want to know, he is one of us. They say universally that the easiest people to con are cons themselves. It appears most of the feeders were cons. You remember the lovely movie The Sting?
It is like everyone on Canal St. or the Garment District keeping two sets of books. Anywhere there is a disconnect in a paper trail there is opportunity for fraud. Early electronic databases were often disconnected with an emphasis on speed and not reconciliation or integration. Even today, there are complaints about pulling credit default swaps out into the light of day. It will be harder to con people. Conning the idiots at AIG, an insurance company that was oblivious to risk must have been quite a high.
Kristof could easily talk honestly about the Jewish community of NYC. He is a prominent member of it. But he is also very much part of the omerta side. He is an enforcer of silence, not someone anxious to explain this community to the world at large. His job is to protect it. This is why he has 91 stories about Darfur and 0 stories about Gaza’s dying children. His job it to distract and deny the goyim and defend the People. Ransome, the commentator here, notes the Lower East Side dimension which I would imagine, all the mainstream media would be writing about. But they are not. Omerta, omerta: the sounds of silence echo in our media.
This is amusing to me since at least 80% of the victims of Madoff are themselves, the media owners, their friends and relations, the entire Jewish community is writhing due to this sudden loss of a great deal of wealth they depended on for running everything. Schools, charities, government systems: these depended on the faux Madoff funds to give Jews a great deal of leverage over the cultural landscape.
Modern art which is ugly, cheap to make and easy to do, didn’t take over until after the mid-1960’s when suddenly, a flood of money was directed into these markets. The French impressionists, for example, died poor. Their art didn’t take off, really, until after WWII. The flood of abstract artists came after Madoff began his business. The contempt of these ‘artists’ was tremendous. They even produced canvases which were simply black paint! And this was declared ‘great art’ by an army of commentators and faux critics. I was furious about this.
Well, this system just might totally break down, thanks to Madoff. The plaintive cry of many a museum goer, ‘But this can’t be art!’ will now come true: it is not art and never was art. It was all artifice.
Johannesburg – South Africa’s deputy foreign minister has been taken before the national human rights body for allegedly saying that “Jewish money” controls the United States, officials said Thursday.
Fatima Hajaig allegedly told a political rally two weeks ago in Johannesburg that Jews “control America, no matter which government comes into power, whether Republican or Democratic, whether Barack Obama or George Bush.”
“Their control of America, just like the control of most western countries, is in the hands of Jewish money,” she allegedly said.
Outraged by the remarks, the South African Jewish Board of Deputies — a civil rights group — said it filed a complaint Wednesday against Hajaig at the human rights commission.
“We submitted yesterday our formal complaint on the minister’s outrageous statement to the South African Human Rights Commission,” the head of the group, Zev Krengel, told AFP.
Across the planet, if anyone dares to even mention Jewish financing and how it is very heavily intertwined with the media and the governments, the screams of ‘anti-semitism’ rise like a storm. This shrieking is very extreme. For example, the day I decided to be clearer about the Israeli Defense Forces and mention that these are not Israelis at all but are Jews who live in Israel due to the Jews locking all Muslims out of the army, air force and navy, a number of Jewish readers of my blog got very angry and told me, this was anti-semitic!
In other words, noting the obvious, is a thought crime! I was recently attacked at another website for saying another obvious thing: virtually the entire US mainstream media is owned and controlled by Jews. Anyone who is not Jewish has to obey the many rules of this omerta or they are fired. When President Carter broke the omerta with his book about Palestine which correctly compared it to South Africa [only it is much worse] the Jewish media reared up like an enraged elephant and stomped a former President into the ground and since then, pretends he is basically dead. Americans are encouraged to hate this President and he can’t fight back. He is now a non-person like myself.
The Jews are terrified that someone might notice the obvious. The more they increase their grip on the US foreign policies, the US media, the more nervous they are, someone might figure out the obvious. Polls show that half of America buys this propaganda that Jews do not control the media or the US foreign policy. This is due to epic amounts of misdirection and confusion being sown by an army of Jewish commentators, reporters and media owners. Just like the scam of ‘modern art’ was spread, they have to keep yelling that the Emperor is dressed beautifully and we better not say otherwise.
Of course, the little boy in the fairy tale would not have been listened to, incidentally. He would have been beaten to death by the courtiers of the Emperor and even the crowd, itself. Only if the Emperor screwed up and the economy went very, very bad, would the crowd listen to the little boy. But then, the little boy would be a revolutionary and the crowd would turn on the Emperor and kill him! Not laugh at him.
The Jewish community has used the Holocaust club to silence all critics. We can’t discuss anything related to their business without being hammered to death by this club. In Europe, all discussion of any of these things has totally collapsed. But this isn’t leading to a wonderful new world for this army of naked emperors. No, the little boys are going to start throwing rocks soon. For all economic downturns trigger vast and desperate ethnic cleansing struggles as people turn inwards and begin fighting over the scraps!
No community has earned more hatred this last 50 years than the Jewish community! This is because of the stupid ethnic cleansing program in Palestine. This has not only turned the entire global Jewish community into fascists, it has also forced them to muscle all governments they can get their hands on, into schemes which back ethnic cleansing and murder in Palestine. This is why the Palestinians, living in smaller and smaller ghettos, are still not allowed to defend themselves at all while the Jews can rain death on their heads at will.
This is not popular. Not at all. Increasingly, the isolation being imposed on the US by wealthy and powerful Jews is destroying our nation’s ability to interact with nearly anyone. Increasingly despised, repeatedly attacked by desperate revolutionaries, increasingly poor due to incessant wars against a billion Muslims, the US is sinking rapidly. Now, after raging about this matter, back to Madoff and his creepy personal life:
A former employee of accused Ponzi scheme mastermindBernard Madoff’s investment firm asked a judge to keep him from being stuck with a bill for more than $58,000 for a 2009Mercedes S500-4 once used by his ex-boss.
Craig Kugel, who worked at Bernard L. Madoff Investment Securities LLC, signed a lease for the car on Oct. 31 at Rallye Motors in Roslyn, New York. In court papers filed yesterday in U.S. Bankruptcy Court in Manhattan, attorneys for Kugel said he did so because Madoff refused to provide the necessary financial information about his firm to the car dealership.
The old schmuck couldn’t even sign a lease due to the possibility, a credit check would uncover his crimes? HAHAHA. And why on earth was this supposed rich man leasing a fancy car? Eh? He should have been paying cash! Instead, he had to ride in high style while his courtier carried the hem of his invisible robes! Equally sad is the date: Madoff wanted a shiny new car right when his entire empire was obviously collapsing!
The United Nations’ crime and drug watchdog has indications that money made in illicit drug trade has been used to keep banks afloat in the global financial crisis, its head was quoted as saying on Sunday.
Vienna-based UNODC Executive Director Antonio Maria Costa said in an interview released by Austrian weekly Profil that drug money often became the only available capital when the crisis spiralled out of control last year.
And this is why we are in Afghanistan. The bankers need crime to stay alive. The various interlocking ethnic Mafias do this all the time. Including the oldest of them all: the royals of Europe. The British empire was built on illegal drug money. China was invaded by the British to enforce the sale of opium which the emperors forbade. Someday, someone might even write a book about all this. And maybe, even find a publisher…HAHAHA. Won’t happen. Yet. Unless it is Chinese. Incidentally, the Chinese do talk about all this. The omerta for them is for anyone to talk about Chinese criminals who have power. Heh. That is forbidden. Each country has its dark lands, its caves that cannot be explored. And these are always where death and wealth are mixed together. The omerta caves of wealth and power are deadly places and dangerous to explore.
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