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Excerpt: "'They [JSOC] found nothing. Nothing. No evidence of any weaponization,' Hersh says. 'In other words, no evidence of a facility to build the bomb. They have facilities to enrich, but not separate facilities to build the bomb. This is simply a fact.'"

International pressure is mounting on Iran after the IAEA reported 'credible evidence' of Iranian nuclear activities relevant to the creation of a nuclear bomb. (photo: Democracy Now!)
International pressure is mounting on Iran after the IAEA reported 'credible evidence' of Iranian nuclear activities relevant to the creation of a nuclear bomb. (photo: Democracy Now!)



Pre-War Propaganda Mounting on Iran

By Seymour Hersh, Democracy Now!

22 November 11

http://www.youtube.com/watch?v=YVyNk5S4SHg

Propaganda used ahead of Iraq War is now being reused over Iran's nuke program.

hile the United States, Britain and Canada are planning to announce a coordinated set of sanctions against Iran's oil and petrochemical industry today, longtime investigative journalist Seymour Hersh questions the growing consensus on Iran's alleged nuclear weapons program. International pressure has been mounting on Iran since the U.N. International Atomic Energy Agency revealed in a report the "possible military dimensions" to Iran's nuclear activities, citing "credible" evidence that "indicates that Iran has carried out activities relevant to the development of a nuclear explosive device." In his latest article for The New Yorker blog, titled "Iran and the IAEA," Hersh argues the recent report is a "political document," not a scientific study. "They [JSOC] found nothing. Nothing. No evidence of any weaponization," Hersh says. "In other words, no evidence of a facility to build the bomb. They have facilities to enrich, but not separate facilities to build the bomb. This is simply a fact."

Guest: Seymour Hersh, Pulitzer Prize-winning investigative journalist at The New Yorker magazine. His latest piece is titled "Iran and the IAEA."

AMY GOODMAN: Today the United States, Britain and Canada plan to announce a coordinated set of sanctions against Iran. ABC News and the Wall Street Journal report the sanctions will target Iran's oil and petrochemical industry. Last weekend, President Obama warned no options were being taken off the table.

PRESIDENT BARACK OBAMA: The sanctions have enormous bite and enormous scope, and we're building off the platform that has already been established. The question is, are there additional measures that we can take? And we're going to explore every avenue to see if we can solve this issue diplomatically. I have said repeatedly, and I will say today, we are not taking any options off the table.

AMY GOODMAN: International pressure has been mounting on Iran since the UN International Atomic Energy Agency revealed in a report the, quote, "possible military dimensions" to its nuclear activities. The IAEA said "credible" evidence, quote, "indicates [that] Iran has carried out activities relevant to the development of a nuclear explosive device." The IAEA passed a resolution Friday expressing, quote, "increasing concern" about Iran's nuclear program following the report's findings.

The speaker of Iran's parliament said yesterday Iran would review its relations with the IAEA following the report. Ali Larijani indicated it may be difficult for Iran to continue to cooperate with the nuclear watchdog.

ALI LARIJANI: [translated] If the agency acts within the framework of the Charter, we accept that we are a member of it and will carry out our responsibilities. But if the agency wants to deviate from its responsibilities, then it should not expect the other's cooperation.

AMY GOODMAN: Iranian parliamentary speaker. Meanwhile, some Iranians have expressed the desire for increased cooperation with the IAEA.

SAID BAHRAMI: [translated] Considering the fact that the government has made plenty of clarifications, it would be better for it to expand its cooperation with the IAEA and let them see for themselves, close up, so there would be no pretext for the superpowers.

AMY GOODMAN: Last week, the Pentagon confirmed it has received massive new bunker-busting bombs capable of destroying underground sites, including Iran's nuclear facilities. The 30,000-pound bombs are six times the size of the Air Force's current arsenal of bunker busters.

The new sanctions against Iran also follow last month's allegations by the United States that Iranian officials were involved in a thwarted plot to kill the Saudi ambassador to Washington. The U.S. is expected to announce today that Iran's financial sector is of "primary money-laundering concern." This phrase activates a section of the USA PATRIOT Act that warns European, Asian and Latin American companies they could be prevented from doing business with the United States if they continue to work with Iran.

Well, to talk more about the sanctions and the implications of the IAEA report, we go to Washington, D.C., to speak with Pulitzer Prize-winning investigative journalist Seymour Hersh. He's been reporting on Iran and the bomb for the past decade. His latest piece is titled "Iran and the IAEA." It's in The New Yorker.

Welcome to Democracy Now!, Sy. Talk about what you feel should be understood about what's happening in Iran right now in regards to its nuclear power sector.

SEYMOUR HERSH: Well, you mention, going in - by the way, the piece was in the blog. It wasn't in the magazine; it was on the web page.

But you mentioned Iraq. It's just this - almost the same sort of - I don't know if you want to call it a "psychosis," but it's some sort of a fantasy land being built up here, as it was with Iraq, the same sort of - no lessons learned, obviously. Look, I have been reporting about Iran, and I could tell you that since '04, under George Bush, and particularly the Vice President, Mr. Cheney, we were - Cheney was particularly concerned there were secret facilities for building a weapon, which are much different than the enrichment. We have enrichment in Iran. They've acknowledged it. They have inspectors there. There are cameras there, etc. This is all - Iran's a signatory to the Non-Proliferation Treaty. Nobody is accusing them of any cheating. In fact, the latest report that everybody's so agog about also says that, once again, we find no evidence that Iran has diverted any uranium that it's enriching. And it's also enriching essentially at very low levels for peaceful purposes, so they say, 3.8 percent. And so, there is a small percentage being enriched to 20 percent for medical use, but that's quite small, also under cameras, under inspection.

What you have is, in those days, in '04, '05, '06, '07, even until the end of their term in office, Cheney kept on having the Joint Special Operations Force Command, JSOC - they would send teams inside Iran. They would work with various dissident groups - the Azeris, the Kurds, even Jundallah, which is a very fanatic Sunni opposition group - and they would do everything they could to try and find evidence of an undeclared underground facility. We monitored everything. We have incredible surveillance. In those days, what we did then, we can even do better now. And some of the stuff is very technical, very classified, but I can tell you, there's not much you can do in Iran right now without us finding out something about it. They found nothing. Nothing. No evidence of any weaponization. In other words, no evidence of a facility to build the bomb. They have facilities to enrich, but not separate facilities for building a bomb. This is simply a fact. We haven't found it, if it does exist. It's still a fantasy. We still want to think - many people do think - it does.

The big change was, in the last few weeks, the IAEA came out with a new report. And it's not a scientific report, it's a political document. It takes a lot of the old allegations that had been made over the years, that were looked at by the IAEA, under the regime or the directorship of Mohamed ElBaradei, who ran the IAEA for 12 years, the Egyptian - he won a Nobel Peace Prize for his work - somebody who was very skeptical of Iran in the beginning and became less so as Iran went - was more and more open. But the new director of the IAEA, a Japanese official named Amano, an old sort of - from the center-right party in Japan - I'm sure he's an honorable guy, he believes what he believes. But we happen to have a series of WikiLeak documents from the American embassy in Vienna, one of the embassies in Vienna, reporting on how great it was to get Amano there. This is last year. These documents were released by Julian Assange's group and are quite important, because what the documents say is that Amano has pledged his fealty to America. I understand he was elected as a - he was a marginal candidate. We supported him very much. Six ballots. He was considered weak by everybody, but we pushed to get him in. We did get him in. He responded by thanking us and saying he shares our views. He shares our views on Iran. He's going to be - he's basically - it was just an expression of love. He's going to do what we wanted.

This new report has nothing new in it. This isn't me talking. This is - in the piece I did for the New Yorker blog, it's different for the blog because it has more reporting in it. I talked to former inspectors. They're different voices than you read in the New York Times and the Washington Post. There are other people that don't get reported who are much more skeptical of this report, and you just don't see it in the coverage. So what we're getting is a very small slice in the newspaper mainstream press here of analysis of this report. There's a completely different analysis, which is, very little new.

And the way it works, Amy, is, over the years, a report will show up in a London newspaper, that will turn out to be spurious, turn out to be propaganda, whether started by us or a European intelligence agency - it's not clear. This all happened, if you remember the Ahmed Chalabi stuff, during the buildup to the war in [Iraq], all about, you know, the great arsenals that existed inside [Iraq]. The same sort of propaganda is being used now - pardon me, I have a slight cold - that shows up over the years, over the last decade, in various newspapers. The IAEA would look at it, rule it not to be - be a fabrication, or certainly not to be supportable by anything they know. All of these old reports, with the exception of, I think, in a new study that was put out by the IAEA - there were maybe 30 or 40 old items, with only three things past 2008, all of which are - they - many people inside the IAEA believe to be spurious, not very reliable fabrications. So there you are.

AMY GOODMAN: So, Sy Hersh, you're saying that it's not new information. It's a new head of the IAEA that's making the difference here. Can you talk more about U.S. infiltration of Iran, JSOC in Iran, surveillance, as well, in Iran?

SEYMOUR HERSH: Sure. I mean, the kind of stuff they did. I could tell you stuff that was secret eight, nine years ago. We would - for example, we developed - if there was an underground facility we thought was - where we saw some digging, let's say, in a mountain area, we would line the road, when there were trucks going up and down the road, we would line the road with what seemed to be pebbles. In fact, they were sensors that could measure the weight of trucks going in and out. If a truck would go in light and come out with heavy, we could assume it was coming out with dirt, they were doing digging. We did that kind of monitoring.

We also put all sorts of passive counters, measures, of radioactivity. Uranium, even plutonium - most of the stuff that's being done there is enriched uranium. They're not making plutonium. But you can track. At a certain point, you have to move it. Once you take it out and start moving it around, you can track it. You can find Geiger counters, if you will, to use that old-fashioned term. You can measure radioactivity and see increases. We would go into a building, our troops, sometimes even with Americans, go into a building in Tehran, where we thought there was something fishy going on, start a disturbance down the street, take out a few bricks, slam in another section of brick with a Geiger counter, if you will, or a measuring device to see if, in that building, they were doing some enrichment we didn't know about.

And we also have incredible competence at looking for air holes from the air, from satellites. If you're building an underground facility, you have to vent it. You have to get air into it. You have to find a way to remove bad air and put in fresh air. And so, we have guys that are experts, tremendous people in the community. Some of them retired and set up a private company to do this. They would monitor all of the aerial surveillance to look for air holes, so we could find a pattern, try to find a pattern, of an underground facility. Nada.We came up with nothing.

And the most important thing is, we also - and the IA - even this new report also says - let me emphasize this: if you're not diverting uranium, if you're not taking uranium out of the count and smuggling it someplace so that you can build a bomb - and that, the IAEA is absolutely categorical on - everything that they are enriching, whatever percentage they enrich to, is under camera inspection, and under inspection of inspections. It's all open, under the treaty, the safeguard treaty. Nobody is accusing Iran of violating the treaty. They're just accusing them of cheating on the side, or some evidence they are. And there's been no evidence of a diversion. So if you're going to make a bomb, you're going to have to bring it in from someplace else. And given the kind of surveillance we have, that's going to be hard to do, to import it from a third country, bring in uranium and enrich it, or enriched uranium. It's just a long shot.

And what you have is - as I said, it's some sort of a hysteria that we had over Iraq that's coming up again in Iran. And this isn't a plea for Iran. There's a lot of things that the Iranians do that is objectionable, the way they treat dissent, etc., etc. So I'm just speaking within the context of the hullabaloo that's up now. And as far as sanctions are concerned, you know, excuse me, we've been sanctioning Cuba for 60 years, and Castro is - you know, he may be ill, but he's still there. Sanctions are not going to work. This is a country that produces oil and gas - less and less, but still plenty of it. And they have customers in the Far East, the Iranians. They have customers for their energy. We're the losers in this.

AMY GOODMAN: How would you compare the Obama administration to the Bush administration when it comes to Iran?

SEYMOUR HERSH: I can't find a comparison. Same - a little less bellicose, but the same thing. I do think - I have every reason to believe that, unlike Mr. Bush, President Obama really is worried about an attack. He doesn't want to see the Israelis bomb Iran. That's the kind of talk we've been getting in the press lately.

And there's new - as you mentioned, the 30,000-pound bombs built by Boeing, I think. The problem is that most of Iran's facilities, the ones that we know about, the declared facilities under camera inspection, a place called Natanz, is about 80, 75 to 80 feet underground. And you'd have to do a hell of a lot of bombing to do much damage to it. You could certainly do damage to it, but the cost internationally would be stupendous. The argument for going and bombing is so vague and so nil. There's been studies done showing - technical studies, MIT and other places, and the Israeli government also has had its scientists participate in these studies, showing it would be really hard to do a significant amount of damage, given how deep the underground facilities are. But you hear this talk about it.

And there's - you know, look, this president has said nothing about what's going on in Tahrir Square again. We're mute. He's been mute on this kind of bellicosity. But my understanding is that, purely from inside information, is that he does understand the issues more. I think it's right now a political game being played by him to look tough. You know, everybody's chasing, you know, the independent vote. I don't know why - what's so important to go after people that can't decide whether they're Democrats or Republicans, but that seems to be the name of the game.

AMY GOODMAN: Well, let's turn to the response in Israel to the IAEA report. Yesterday, Israeli Defense Minister Ehud Barak said in an interview with CNN the time has come to deal with Iran. When asked specifically whether Israel would attack Iran, this is how he responded.

DEFENSE MINISTER EHUD BARAK: I don't think that that's a subject for public discussion. But I can tell you that the IAEA report has a sobering impact on many in the world, leaders as well the publics. And people understand that the time had come. Amano told straightly what he found, unlike Baradei. And it became a major issue, that I think, duly so, becomes a major issue for sanctions, for intensive diplomacy, with urgency. People understand now that Iran is determined to reach nuclear weapons. No other possible or conceivable explanation for what they had been actually doing. And that should be stopped.

AMY GOODMAN: That was the Israeli defense minister, Ehud Barak. Sy, your response?

SEYMOUR HERSH: Well, what makes me nervous is Barak and Bibi, Bibi Netanyahu, are together on this. They're not always together on many things. They both agree, and that's worrisome because, again, it's a political issue there. Everybody - the country is moving quickly to the right, Israel is, obviously. And I can just tell you that I've also talked - unfortunately, the ground rules are so lousy in Israel, I can't write it, but I've talked to very senior intelligence people in Iran - in Israel, rather. If you notice, you don't hear that much about it, but the former head of Mossad, Meir Dagan, who left - who was the guy that orchestrated the attempted assassinations in Dubai, etc. - no dove - has been vehement about the foolishness of attempting to go after Iran, on the grounds that it's not clear what they have. They're certainly far away from a bomb. Israel has been saying for 20 years they're, you know, six months away from making a bomb.

But I can tell you that I've talked to senior Israeli officers in Israel who have told me, A, they know that Iran, as the American intelligence community reported - I think it was in '07 - there was a National Intelligence Estimate that became public that said, essentially, Iran did look at a bomb. They had an eight-year war with Iraq, a terrible war, 1980 to 1988. And we, by the way, the United States, sided with Iraq, Saddam Hussein at that time. Iran then, in the years after that, they began to worry about Iraq's talk about building a nuclear weapon, so they did look, in that period, let's say '87 to - '97 to 2003, no question. The American NIE said in '07 - it was augmented in 2011. I wrote about it a year ago in The New Yorker. It said, yes, they did look at a bomb, but not - they knew that they couldn't - there was no way they could make a bomb to deter America or Israel. They're not fools. This Persian society has been around for a couple thousand years. They can't deter us. We have too many bombs. They thought maybe they could deter Iraq. After we went in and took down Iraq in '03, they stopped. So they had done some studies. We're talking about computer modeling, etc., no building. They - no question, they looked at the idea of getting a bomb or getting to the point where maybe they could make one. They did do that, but they stopped in '03.

That's still the American consensus. The Israelis will tell you privately, "Yes, we agree." They stopped most of their planning, even their studies, in '03. The Israeli position is they stopped not because they saw what we did to Iraq, but they thought that we could - we destroyed Iraq - I had a general tell me this - we destroyed Iraq in - it took them - we did in three weeks what they couldn't do in eight years. They thought they would be next. But the consensus was, yes, they stopped. And also, if you asked serious, smart, wise Israelis in the intelligence business - and there are many - "Do you really think, if they got a bomb - and they don't have one now - they would hit Tel Aviv?" and the answer was, "Do you think they're crazy? We would incinerate them. Of course not. They've been around 2,000 years. That's not going to happen." Their fear was they would give a bomb to somebody else, etc.

But there's an element rationality in the Israeli intelligence community that's not being expressed by the political leadership. It's the same madness we have here. There's an element of rationality in our intelligence community which says, in '07, and it has said it again last year, they don't have the bomb. They're not making it. It's at NIE, 16 agencies agreed, 16 to nothing, in an internal vote, before that - they did an update in 2011 on the '07 study and came to the same place. It's just not there. That doesn't mean they don't have dreams. It doesn't mean scientists don't do computer studies. It doesn't mean that physicists at the University of Tehran don't do what physicists like to do, write papers and do studies. But there's just no evidence of any systematic effort to go from enriching uranium to making a bomb. It's a huge, difficult process. You have to take a very hot gas and convert it into a metal and then convert it into a core. And you have to do that by remote control, because you can't get near that stuff. It'll kill you. So radioactive.

I mean, so, look, I'm a lone voice. And you know how careful The New Yorker is, even on a blog item. This piece was checked and rechecked. And I quote people - Joe Cirincione, an American who's been involved in disarmament many years. These are different voices than you're seeing in the papers. I sometimes get offended by the same voices we see in the New York Times and Washington Post. We don't see people with different points of view. There are, inside the - not only the American intelligence community, but also inside the IAEA in Vienna. There are many people who cannot stand what Amano is doing, and many people who basically - I get emails - and this piece came out, was put up, I think, over the weekend. And I get emails, like crazy, from people on the inside saying, "Way to go." I'm talking about inside the IAEA. It's an organization that doesn't deal with the press, but internally, they're very bothered by the direction Amano is taking them.

It's not a scientific study, Amy. It's a political document. And it's a political document in which he's playing our game. And it's the same game the Israelis are picking up on, and those who don't like Iran. And I wish we could separate our feelings about Iran and the mullahs and what happened with the students from 1979, into the reality, which is that I think there's a very serious chance the Iranians would certainly give us the kind of inspections we want, in return for a little love - an end to sanctions and a respect that they insist that they want to get from us. And it's not happening from this administration.

AMY GOODMAN: Seymour Hersh, I want to thank you very much for being with us. His latest piece is on the blog at The New Yorker. It's called "Iran and the IAEA." Seymour Hersh won the Pulitzer Prize. His piece, you can see at The New Yorker's website.

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+189 # DPM 2013-02-16 11:46
Vive Warren!
 
 
+143 # MainStreetMentor 2013-02-16 13:39
 
 
+20 # Joe Bob 2013-02-16 20:49
Just in the Nick of Time.
 
 
+15 # RLF 2013-02-17 08:45
If these bankers had gotten their profits directly from selling drugs, the government could take all assets. Here is another consumer friendly opportunity to nationalize a criminal enterprise and then let them take it to court.
 
 
+13 # robcarter.vn 2013-02-16 20:21
Yes Good on her. I have been crying this cry for 2 years now, first year UK took their crooked banks to court and many settlements out of court for enough money to save UK from default and bankruptcy laughing at Euro troubles, not their UK problems. But same crimes in USA and their regulators said nought just stayed peaceful. Then Year 2 USA did some small settlements out of court for far less that real worth as proven in UK actions, and bigger settlements. I though perhaps even enough to avoid a fiscal cliff?.
Remember as OWS might say, and Wikipedia does sayt, Banks caused the Great Depression. Prof. Said also for 1829 depression so they executed him. USA banks coukld now petition GOP to move Elixabeth Warren to Gitmo? That may save your Bankers?
 
 
+170 # PABLO DIABLO 2013-02-16 11:53
Elizabeth Warren for President in 2016.
 
 
-10 # Scotty44 2013-02-16 15:38
You better find out what her positions are on other important issues - Iran, Palestine, war, the national debt possibly. She is great on financial crime, although I would have liked her to ask what the recidivism rate was on the agencies' "enforcement actions" just to point out their ineffectiveness .
 
 
+24 # WestWinds 2013-02-17 02:57
#Scotty44:
You ask good questions, but I asked them of her some months ago and her reply was that she would be just as strong and fearless with the other issues. I think team 99% may have finally found their team leader.
 
 
+171 # Barbara K 2013-02-16 11:55
Go get them Elizabeth. You can do it. If they can't behave and stop stealing from the citizens, see that they spend some time in jail. We have your back.

..
 
 
+191 # MEBrowning 2013-02-16 12:13
 
 
+144 # WestWinds 2013-02-16 12:25
Elizabeth Warren represents the TRUE America. She is an American hero and will bring back honesty, dignity and ethics to our country and our government. THIS is what true leadership is all about!
 
 
+14 # RLF 2013-02-17 08:48
Agreed! She shows the midAmerica horse sense that seems to have been forgotten out there.
 
 
+126 # ER444 2013-02-16 12:34
I live in germany and am originally from Maryland, and I donated three times to Elizabeth's campaign. She gives me hope that there is still something in America about which we can all be proud. BTW I also donated to Alan Grayson, am batting 1000!!
 
 
+16 # mdhome 2013-02-16 20:00
Two great wins for me also!
 
 
+101 # WestWinds 2013-02-16 12:21
Yaaaaayyyy!!!! Elizabeth Warren!!!!

Elizabeth Warren for President in 2016!!!!
 
 
+44 # Smokey 2013-02-16 13:24
Quoting WestWinds:
Yaaaaayyyy!!!! Elizabeth Warren!!!!

Elizabeth Warren for President in 2016!!!!


Wow! You heard it here first. Keep in mind that Obama quickly moved from Illinois politics to the White House.
 
 
+74 # socialismby2020 2013-02-16 12:28
Good Warren the bankers are scared of Warren because they sure aren't scared of Obama. Obama has kept all the main players that created the financial meltodown of 2008 in his cabinet and/or in the FED (Bernanke, Geitner, Paulson, Summers,Goldman , etc.) Obama received 5 times more campaign money from the big banks than McCain did. Obama is owned by Wall Street, yet the idiot TeaBaggers call hima socialist.
 
 
+75 # Wordslinger 2013-02-16 12:31
Screw the banks ... it's about time!
 
 
+13 # WestWinds 2013-02-17 03:00
I don't know about "screw" the banks, Wordslinger, but hold them accountable for all of their terrible behavior, absolutely.
 
 
+10 # goodsensecynic 2013-02-17 15:15
I've always wondered what "hold them accountable" means, if not gather the evidence, prosecute them and send them to jail. Their behaviour isn't "terrible"; it's criminal!

Or, will we be happy to let them express regret and then let them go back to business as usual.

So far, of course, they've gone back to business as usual and not shed a single crocodile tear.

On the other hand, I don't care much if some of these fraudsters go to the slammer or not. I don't even care much if they are somehow forced to pay restitution. What I want is for it never to happen again ... and that means real regulation - with Glass-Steagall being the MINIMUM.
 
 
+78 # reiverpacific 2013-02-16 12:42
Nice to know as I suspected, that Mrs Warren speaks the bankster Mafia's double-talk better than they do.
Wonder if she can get them doin' hard time and paying back some of their ill-gotten gains.
Suggest that the pillory be reinstated and line 'em up along Wall Street with rotten tomatoes or horse-shit before they begin their long trek to Abu Grahib.
Go after 'em and be as merciless as they have been and are, Eliza'!
 
 
+11 # mdhome 2013-02-16 20:02
one word for the banksters: rendition.
 
 
+11 # RLF 2013-02-17 08:51
The bankers certainly threaten the country more than most of the people we have been reditioning(sp) .
 
 
+86 # dhsbrenda 2013-02-16 12:53
I watch local officials fall for staff jargon and deflection of issues, and it makes me ill. Elizabeth is a breath of fresh air--and knowledge and ability.

That's all it takes to get through transparently wrong behavior to the core of what needs to be done.

I still send her what I can afford each month. Yes, we signed petitions to get her in the Senate, and we're going to do the same to make her President. No more inside cronyism and revolving doors. Power to the People.
 
 
+103 # Brooklyn Girl 2013-02-16 12:53
Comparing Elizabeth Warren, who deals with facts, with Ted Cruz, who deals with McCarthyesque innuendo, is ludicrous and insulting. That would be the false equivalency I have come to expect from the right, not from the left.

And if she does wind up having a few bankers indicted, the author's warning that some banks may go out of business is also ludicrous and insulting. Why shouldn't a criminal enterprise have to pay the price for its crimes? And there would certainly be plenty of other banks to take their place. I, for one, am not worried.
 
 
+13 # WestWinds 2013-02-17 03:03
I agree, Brooklyn Girl, this business about the banks collapsing is the paper tiger this rotten crowd of criminals want us to swallow so they can continue, undisturbed, with the fleecing of America. It's pure baloney!
 
 
+12 # Firefox11 2013-02-17 12:53
Nationalize banking, or at least create an alternative, Bank of the United States, just like we need an alternative to corporatized medicine.
 
 
+89 # gogogrl47 2013-02-16 12:58
Go Elizabeth!! Hate to say it, but maybe the women who got elected will "tell it like it is" and not be part of the "good ol' boys club". I live out of State and supported her heartily because I knew she wasn't afraid to speak out on ALL issues affecting us, the middle, working class people who made this country great. We are tired of the Congress and their antics!! Hope we have many more elected women speaking out!!
 
 
+30 # Nominae 2013-02-16 14:47
Quoting gogogrl47:
Go Elizabeth!! Hate to say it, but maybe the women who got elected will "tell it like it is" and not be part of the "good ol' boys club". I live out of State and supported her heartily because I knew she wasn't afraid to speak out on ALL issues affecting us, the middle, working class people who made this country great. We are tired of the Congress and their antics!! Hope we have many more elected women speaking out!!


She's a GEM because she's Elizabeth Warren. NOT because she's another carrier of the XX Chomosome.
 
 
+3 # RLF 2013-02-17 08:53
women are a mixed bag also...Nancy Pellosi with full on support of NDAA.
 
 
+83 # Working Class 2013-02-16 13:02
 
 
+19 # MichaelArchAngel 2013-02-16 13:03
Im one of those MEBrown is talking about!
 
 
+68 # grouchy 2013-02-16 13:08
Give'm hell Elizabeth. Send the deserving ones to prison. The rest have them demoted to teller. Get the banks to pay back all they stole. Regardless, we are putting you up for sainthood just for scaring the hell out of 'em!
 
 
+73 # imaginethat 2013-02-16 13:09
Yes, Elizabeth keep speaking the truth that you know. I am SO excited that you are knowledgeable and are so CLEAR with your understanding of the banking industry as well as their shenanigans. I wanted you in our government the first time I listened to you on Bill Moyers & Co! We have your back, indeed!
 
 
+53 # HerbR 2013-02-16 13:09
Vive Elizabeth ! Pour it on !!
 
 
+75 # artsci 2013-02-16 13:11
Let's hope the good Senator pushes hard to break up the big banks. Banks that are too big to fail or jail should be made small enough to fail and jail. Some of these bank execs are criminals, plain and simple. They're just criminals in custom-made suits.
 
 
+81 # M. de la Souche 2013-02-16 13:11
Dear lord, that was refreshing to watch! That is, up until the point that Mr. Tarullo manages to run out the clock with the usual long-winded obfuscation. It was not even a thinly-veiled attempt to answer Sen. Warren's question, merely a long string of words: no sound, no fury, but most assuredly signifying nothing. Sen. Warren, please do feel free to interrupt in the future when this occurs--this tactic, so common in hearings, needs to go away.
 
 
+24 # Vardoz 2013-02-16 13:19
From a Donor
We love her- she has more balls than most senators. If Corey Booker runs and gets in - that would also be a great addition.
 
 
+15 # Regina 2013-02-16 17:52
No, she's got BRAINS! The problem with a lot of men, notably those who seek overriding power (think about that doozy Cruz, and his forbear McCarthy), is that testosterone interferes with any cerebral functions they might have been born with. That's how come they just parrot the party line on every issue they face, and reject all reason and logic and evidence. And above all, they can't do simple arithmetic, particularly on the budget.
 
 
+42 # Beverly 2013-02-16 13:23
Refreshing to hear and watch is putting it lightly. Someone like
Elizabeth Warren has come along-- AT LAST -- someone who is fighting FOR THE PEOPLE!!!! BRAVO, and let's ALL SUPPORT HER TO THE ULTIMATE DEGREE!!!
I THANK YOU, Elizabeth Warren, and my hat is off to you, because speaking the TRUTH is not something we hear a lot these days!!! BRAVO and MORE THANKYOU'S!!
Beverly Smith
 
 
+40 # kalpal 2013-02-16 13:48
The guys who make a fabulous income out of fleecing the general public seem to be upset that a Senator thinks they should be spending a decade or two in a prison.
 
 
+42 # tclose 2013-02-16 13:50
As a member of the male gender, I have to express my admiration for women who are increasingly bring elected to Congress - Sen. Warren (how nice to use that title!) as a prime example. They tell it like it is, avoid obfuscation, and generally push for pragmatic and sensible policy. If more women were elected, both Democrat and Republican, we would I think solve many of the endemic problems we currently have with Congress.

Go for it, gals!
 
 
+21 # Nominae 2013-02-16 14:54
Quoting tclose:
As a member of the male gender, I have to express my admiration for women who are increasingly bring elected to Congress - Sen. Warren (how nice to use that title!) as a prime example. They tell it like it is, avoid obfuscation, and generally push for pragmatic and sensible policy. If more women were elected, both Democrat and Republican, we would I think solve many of the endemic problems we currently have with Congress.

Go for it, gals!


As a fellow member of the male gender, get real. We have no shortage of elected women to demonstrate the blindness of your position.

Elizabeth Warren is as GREAT as HUMANS come !

Voting for anyone based upon what's between their legs instead of what's between their ears is simply childish.
 
 
+16 # flippancy 2013-02-16 17:47
Last I checked Jan Brewer was a woman. So is Elizabeth Dole. Lots of rotten women in politics, but hooray for the Warrens and her ilk.
 
 
+25 # Penelope Jencks 2013-02-16 15:48
I'm not so sure gender enters into it... don't forget Michelle Bachman, Sarah Palin & other foolish women who spout as much hot air as the worst of the guys!
 
 
+36 # par 2013-02-16 14:00
You say: Charging banks with lots of crimes, for example, would likely have the unintended consumer-unfrie ndly result of putting a lot of them out of business. That may of course happen if it is deserved but the most likely and more important result would be preventive and make more of them follow the law. Please remember how all financial officials just let the financial crisis develop prior to 2008 without lifting a finger because the common attitude at that time was that the financial markets would be free and regulate themselves. Names? Greenspan, Rubin, Summers, Levitt and later Cox. To read their statements before the crisis in light of what happened from 2008 is very depressing and shows how they all were completely wrong and misdirected. They did their best to destroy US, but our nation has been strong enough to handle even that test. Good luck Elizabeth Warren in preventing that from happening again.
 
 
+8 # PGreen 2013-02-18 08:56
Quoting par:
"Yes, Warren is a populist. Yes, some of her views seem reflexive and could be harmful if implemented. (Charging banks with lots of crimes, for example, would likely have the unintended consumer-unfriendly result of putting a lot of them out of business.) And yes, she sometimes misfires - aiming her wrath at, say, a panel of regulators who can only bring civil suits in the first place, rather than officials in the Justice Department like Lanny Breuer, who could actually have pressed criminal charges against banks but chose not to."
This is the epitome of damning with faint praise.

I agree with what you say, par, that if some banks go out of business because they are unable to operate justly and legally, than they should. In the 1930's, FDR seized a number of banks and placed them under government control until they came round. This is the sort of action that is required. Kevin Roose is either worried about sounding like a radical, perhaps for career reasons, or is a closet apologist for the financial services industry, but he lacks a sense of what is necessary in these extreme circumstances. Warren is exactly right to criticize the reluctance of regulators and DOJ officials at all levels, so extreme that it resembles nepotism.
 
 
+37 # angelfish 2013-02-16 14:07
Hallelieujah! We FINALLY have someone who will call these slimy Bas*ards OUT for their calumny and abuse of Americans! Happy Days ARE here again!
 
 
+30 # goodsensecynic 2013-02-16 16:53
Don't forget Bernie Sanders!

Now, there are two ...
 
 
+33 # Wolfchen 2013-02-16 14:41
Senator Elizabeth Warren for the next President, Attorney General or Supreme Court justice The has the intelligence, integrity and tenacity to bring the corporate criminals to trial and conviction. We need to bring back Glass-Steagall to break apart these corporate monopolies, and we need a presidency and justice department ready and willing to bring these corporate criminals to trial, seeking prison time as well as monetary damages. No more mere settlements...i t's time for criminal prosecutions all the way to verdicts...and lets fire any Attorney General and control agency appointees who are in fact agents in support of corporate crime.

Not only are the Republicans in bed with the Wall Street criminals, along with some Democrats, even Obama is involved in covering up corporate crime. Attorney General Holder is also a Wall Street lackey, along with much of Obama's cabinet. Also remember that even Bill Clinton signed off on ending the protections that were instituted un Glass- Steagall, so I wouldn't trust Hillary either. We also need public financing of elections along with instilling our Supreme Court with justices that have the interests of our nation as a whole as a primary interest. Since a democracy gets what it deserves, we have become too passive and dumb as an electorate, so as to let these corporate criminals take control of our nation.
 
 
+6 # MountainEyrie 2013-02-17 17:34
We also need run-off elections so 3rd-party candidates and those voting for them need no longer fear that their vote will skew toward the dark side....
 
 
+17 # joan fassett 2013-02-16 15:34
It is an absolute delight having Senator Elizabeth Warren AND Senator Allan Grayson and many more in office now if only we can do as well with the House of Representatives 2014. Congratulations Democratic President Obama and all! I want so badly to write something as nasty as and to Senator McCain but for now can abstain. Thank you Democrats All!!!!!
 
 
+8 # flippancy 2013-02-16 17:50
Quoting joan fassett:
It is an absolute delight having Senator Elizabeth Warren AND Senator Allan Grayson and many more in office now if only we can do as well with the House of Representatives 2014. Congratulations Democratic President Obama and all! I want so badly to write something as nasty as and to Senator McCain but for now can abstain. Thank you Democrats All!!!!!


Alan Grayson is the Representative from Orlando, but he would be a great Senator. From your post to God's ear!
 
 
+2 # Firefox11 2013-02-17 13:03
Senator Alan Grayson? I believe it is Representative AG, U.S. Rep for Florida's 9th District
 
 
+4 # tabonsell 2013-02-16 18:23
I fail to see how taking a corporation to trial by a regulatory agency (which is not a prosecuting organization) would result in anything different from what is accomplished by a settlement. If found guilty of a crime in a trial the corporation would be fined, which is essentially what happens in a settlement. There may be a difference in the amount of the fine, but we don't know that.

We need a two-pronged approach.

When a corporation agrees to an out-of-court settlement, that ought to be taken as an admission that some illegal conduct did occur. That should be a consideration for the Justice Department to seek indictments and trial for the individuals (i.e. executives) who were responsible for those crimes.

Since a regulatory agency could act against a corporation and the Justice Department against individuals there should be no double-jeoparey questions.
 
 
+12 # Joe Bob 2013-02-16 20:48
We need to name and embareass the perps.
Show that the Law exists, for everyone.
Put them in prison along with all the poor and middle class people who may or may not belong there.
 
 
+7 # Texas Aggie 2013-02-16 21:50
An important part of the difference is that when a settlement is reached, the perps insist on there being a statement that no illegal acts were perpetrated. Thus when they do it again after promising not to, there is no way that they can be hit hard. In addition the difference in the amount of money is significant. A settlement is just a cost of doing business or else the corporation won't agree to the settlement. A fine can be punitive.
 
 
0 # tabonsell 2013-02-18 18:48
Such a statement you cite about illegal acts would pertain only to the party bringing the accusation; i.e. a regulatory agency and would prevent only that agency bringing criminal charges.

That's why we need a two-pronged approach because such an agreement with a regulatory agency wouldn't apply to an agency such as the Justice Department. One agency can't make a agreement that subverts the authority of another agency, no more than your neighbor making a deal with the city that affects your rights.
 
 
+10 # RLF 2013-02-17 08:58
The problem with fines is that they should be ON TOP of the ill gotten gains. Make a billion illegally...the n pay it all back and then pay a billion fine...but it never happens. They make a billion and are fined 100 million which leaves a nice profit and incentive for future trespasses.
 
 
+11 # AUCHMANNOCH 2013-02-16 19:24
I like this women - I like her a lot because she says it like it is and her comparison of the full weight of the law bearing down on citizens and the timid slap on the wrist to the WS banks is self evident and valid. Living in Oz why should I care about any of this? Simple - the Wall Street banks insane greed stuffed up my retirement savings by half and unlike America the stock market in Oz hasn't recovered to where it was. I would like to see jail time for the crooks responsible. Yeah - call it revenge and I am one of millions inside and outside the U.S.A. who feel that way!
 
 
+4 # MountainEyrie 2013-02-17 17:29
Indeed, totally agree with thee.
 
 
+17 # Texas Aggie 2013-02-16 21:46
The banksters have no one to blame but themselves. If they had behaved like honest, decent people, this would never have needed to happen. If they hadn't prevented her from heading the consumer protection commission, she wouldn't be in the Senate. Be careful what you wish for because you may get it. Serves the SOB's right.

No quarter, Dr. Warren. Go get 'em. We have your back.
 
 
+5 # Walter J Smith 2013-02-16 21:49
One of the more impressive scenes in the whole thing is the one with Senator Manchin, D - Big Mountain Top Removing Coal, Inc., having tardily arrived to fill his seat at the hearing, sitting smugly behind and to Senator Warren's left, as if he were under arrest from her having given him a reality check. So then he begins reading something, as if changing his attention's object would somehow ease the pain of hearing that there might be bad news for the major corporate thugs cult.
 
 
+14 # Texas Aggie 2013-02-16 22:07
Dr. Warren asked if one of the reasons that the banks are trading below book value is that no one believes their books. Then Mr. Tarullo tried to make another point, but what he was saying is that yes, indeed, people did not believe the banks' books and did not think that they were worth as much as they claimed. He then accepted her second statement that some banks were trying to downsize by getting rid of some of their departments that they couldn't control.

This woman has a handle on the situation.
 
 
+6 # BeaDeeBunker 2013-02-17 01:36
Since appearance rather than substance seems to matter so much these days, I would like to make the following observation:

Senator Elizabeth Warren wears glasses in order to see better;

Sarah Palin wore glasses in order to appear better.
 
 
+12 # Artemis 2013-02-17 06:47
It is wonderful to read this outpouring of admiration and support for Sen Warren, but even more so to feel the deep gratitude for someone who is real, honest and actually speaks and acts as we expect ALL politicians to do.
Isn't it incredible that just one person can shine such a light on the path that has been lost in the slime and murkiness of government today?
 
 
+5 # Don Thomann 2013-02-17 07:38
YES!!!!!
 
 
+7 # MountainEyrie 2013-02-17 17:27
Dream Presidential Team:
Dr Jill Stein and Senator Warren!

Then we would not need to have a real revolution in order to regain positive momentum on all fronts.

But yes, BRAVO!!! and AMEN! to Sen Warren.
 
 
+8 # Paul Scott 2013-02-17 19:03
 
 
+6 # jussayin 2013-02-17 23:49
Finally, we have another senator besides Bernie who is willing to do their job.
 
 
-5 # Martintfre 2013-02-18 15:47
regulatory capture... I bet it wont be very long before you suckers realize she is paying ya all and she will be yet anther puppet for the fascist state just like Lord Obama the bail out King is.

As senator he voted for the bail outs and as president OweBama doled out our money -- to his political friends.
 
 
-5 # Jonathan Levy 2013-02-18 17:31
The banks are not scared at all. That was hardly anything for them to blink at. She asked if there were ever trials, that's all.
 
 
+3 # Rockie 2013-02-18 20:19
Elizabeth Warren for President. This lady has my vote. She is a breath of fresh air, and I don't care what party she belongs too. She is for the people.
 
 
0 # Buddha 2013-02-20 11:37
I'm one of those out of state donors, and I support her doing this 100%. Finally someone is. And I totally disagree the taking Wall St institutions to court would "put a lot of them out of business" rationalization in the article. First, putting those in charge of these institutions who knowingly committed their fraudulent activities on trial, and hopefully in jail, would simply mean those institutions would then pay a fine and hire another CEO, who hopefully would learn the lesson and not blow up our economy with fraud. Second, if an institution needs to get away with fraud to remain in business, then that is a business that needs to fail. That is like saying you can't go after the mafia, because if you do and put mafiosos in jail, the mafia might be weakened.
 
 
0 # friedbaloney21 2013-02-21 22:06
Please, please Senator Warren do not allow any fat-cat businessmen or any Fortune listed companies to corrupt you. They've almost completely hijacked our justice system and our representative government. Yes they've even corrupted (i.e. , bought off) President Obama (i.e., he only nominates Wall Street insiders to fill goverment posts). You are the last best hope for ordinary Americans who love our country more than they love personal gain.
 

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