Banksters Finally Hit with Racketeering Charges

By Clint Siegner – Re-Blogged From Gold Eagle

JPMorgan Chase and other bullion banks spent most of a decade screwing clients and investors who were naive enough to expect a fair shake in the precious metals futures markets. It was a solid racket.

Yet claims of price rigging were simply dismissed by financial journalists and regulators as conspiracy theory. The banks’ defenders were bolstered by a 5-year-long investigation by the compromised Commodity Futures Trading Commission (CFTC) which ended without a single banker being prosecuted.

Many goldbugs wondered if the racket would continue forever. Fortunately, much has changed over the past three years. Department of Justice prosecutors were able to secure a guilty plea from Deutsche Bank in late 2016.

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Energy Transfer Files Federal RICO Lawsuit Against Greenpeace International, Greenpeace Inc., and Others

News provided by Energy Transfer – Re-Blogged From http://www.WattsUpWithThat.com

DALLAS, Aug. 22, 2017 /PRNewswire/ — Energy Transfer Equity, L.P. (NYSE: ETE) and Energy Transfer Partners, L.P. (NYSE: ETP) today filed a federal lawsuit in the United States District Court for the District of North Dakota against Greenpeace International, Greenpeace Inc., Greenpeace Fund, Inc., BankTrack, Earth First!, and other organizations and individuals.  The Complaint, which is Index number 1:17-cv-00173, alleges that this group of co-conspirators (the “Enterprise”) manufactured and disseminated materially false and misleading information about Energy Transfer and the Dakota Access Pipeline (“DAPL”) for the purpose of fraudulently inducing donations, interfering with pipeline construction activities and damaging Energy Transfer’s critical business and financial relationships. The Complaint also alleges that the Enterprise incited, funded, and facilitated crimes and acts of terrorism to further these objectives.  It further alleges claims that these actions violated federal and state racketeering statutes, defamation, and constituted defamation and tortious interference under North Dakota law.

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Weekly Climate and Energy News Roundup #239

The Week That Was: September 3, 2016 – Brought to You by www.SEPP.org

By Ken Haapala, President, Science and Environmental Policy Project

Did Obama Sign? What? There were reports speculating that U.S. President Obama and Chinese President Xi Junping would officially sign the Paris Climate Treaty (Agreement) when they met on September 3, ahead of the G-20 economic meeting in Hangzhou, China. As of midnight US Eastern Daylight Time on September 3, noon Hangzhou daylight time on September 4, there were no official reports that such a formal signing had taken place. Several news reports stated that both groups announced ratification of the treaty. However, there may be a language problem. According to the Constitution of the US, the President cannot ratify a treaty, ratification requires approval of two-thirds of the US Senate. In closing hours of the Paris Conference of Parties (COP-21) ending December 12, 2015, the US delegation insisted on changing the document so it would not appear to be a treaty but a non-binding agreement. No doubt, there will be several interpretations of the theater taking place in Hangzhou. It may be another version of theater dating back to the period of the Six Dynasties. See links under After Paris!

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Weekly Climate and Energy News Roundup #238

The Week That Was: August 27, 2016 – Brought to You by www.SEPP.org

By Ken Haapala, President, Science and Environmental Policy Project

One More Step Towards the Sun: A team including Henrik Svensmark at the National Space Institute at the Technical University of Denmark (DTU Space) and Nir Shaviv of the Racah Institute of Physics at the Hebrew University of Jerusalem has found a strong statistical relationship between the sudden decline in observed galactic (high-energy) cosmic ray intensity following a coronal mass ejection with a decrease in the earth’s cloud cover. The declines in observed cosmic ray intensity following a coronal mass ejection are called Forbush Decreases, which is generally accepted. What is new is the strong statistical relationship (>95%) between Forbush Decreases and a near simultaneous reduction in cloud cover.

The study covered a relatively short 25-year period using four datasets, three satellite based and one ground based. In the laboratory, it has been demonstrated that galactic cosmic rays generate electrically charged molecules – ions – in Earth’s atmosphere. Ions have been shown to enhance the formation of aerosols, which can serve as seeds for the formation of the cloud drops that make up a cloud. The issue has been does it occur in the atmosphere? – which this study demonstrates.

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Weekly Climate and Energy News Roundup #231

The Week That Was: July 2, 2016 – Brought to You by www.SEPP.org

By Ken Haapala, President, Science and Environmental Policy Project

State Attorneys General: The chronology of the subpoena of certain records of the Competitive Enterprise Institute (CEI) by Attorney General Claude Earl Walker of U.S. Virgin Islands becomes an interesting study of legal over-reach and pull-back. CEI general counsel Sam Kazman has a good re-cap of events in his summary: “Shake-Up in Subpoena Land.” –

“CEI was originally served with its subpoena on April 7. The document was issued by AG Walker, who had a District of Columbia court clerk issue a DC version, which could then be served on CEI. The subpoena demanded a full decade’s worth of CEI’s work on climate change and energy policy, much of which would have contained confidential information on our donors. It was an outrageous violation of both our First Amendment right and those of our supporters, and CEI made it clear that it wouldn’t comply.”

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Weekly Climate and Energy News Roundup #227

The Week That Was: May 21, 2016 – Brought to You by www.SEPP.org

By Ken Haapala, President, Science and Environmental Policy Project

Observation and Experiment: Last week’s TWTW discussed a climate model that may work, the Russian Institute of Numerical Mathematics Coupled Model, version 4.0 (INM-CM4). The model tracks historic atmospheric temperature data very well. Virtually, all the other models do not. If a model cannot track historic data well, there is no logical reason to assume it can be successful in predicting the future.

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Weekly Climate and Energy News Roundup #226

The Week That Was: May 14, 2016 – Brought to You by www.SEPP.org
By Ken Haapala, President, Science and Environmental Policy Project

A Climate Model That May Work: In his written testimony submitted to the US House Committee on Science, Space & Technology on February 2, John Christy of the University of Alabama in Huntsville presented the results of a basic empirical test. Do the climate models simulate what has occurred in the atmosphere since the advent of comprehensive satellite measurements of atmospheric temperatures in the last few weeks of 1978 – the only comprehensive global measurements of temperatures existing – and independently supported by four datasets from weather balloons, which are not comprehensive. The test period includes the entire satellite record from 1978 through 2015 – 37 years.

As Christy wrote:

“I was able to access 102 CMIP-5 rcp4.5 (representative concentration pathways) climate model simulations of the atmospheric temperatures for the tropospheric layer and generate bulk temperatures from the models for an apples-to-apples comparison with the observations from satellites and balloons. These models were developed in institutions throughout the world and used in the IPCC AR5 Scientific Assessment (2013).”

There were a total of 32 models represented in these 102 simulations. Of these 32 models only one tracked well against global mid-tropospheric temperature variations – the Russian INM-CM4. On average, the models overestimated global warming by 2.5 times that measured.

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