zenpundit.com

I am having some tech issues with posts – though as they do not seem to be impeding the vigorous blogging efforts of Charles Cameron, I suspect the problem is on my end. Highly aggravating.

That said, here’s a must-read news story. Potentially very, very wide ripple effects:

Gizmodo – Wikileaks Reveals Privately Run CIA’s Dirty Secrets

….Stratfor’s clients are the US Government, other countries and military organizations, as well as private companies like Lockheed Martin, Northrop Grumman or Raytheon. They have a global network of spies in governments and media companies, including “secret deals with dozens of media organizations and journalists, from Reuters to the Kiev Post.” According to the emails, these spies get paid in Swiss bank accounts and pre-paid credit cards.

Wikileaks says that the emails also reveal the creation of a parallel organization called StratCap. Apparently, this organization would use Stratfor network of informants to make money in financial markets. Wikileaks claims that the emails show how then-Goldman Sachs Managing Director Shea Morenz and Stratfor CEO George Friedman put StratCap in motion in 2009.

Here are some of the highlights, according to Wikileaks:

Global network of informants

The Global Intelligence Files exposes how Stratfor has recruited a global network of informants who are paid via Swiss banks accounts and pre-paid credit cards.

Who are their spies?

Government and diplomatic sources from around the world give Stratfor advance knowledge of global politics and events in exchange for money. Stratfor has a mix of covert and overt informants, which includes government employees, embassy staff and journalists around the world.

How they control their sources

“[Y]ou have to take control of him. Control means financial, sexual or psychological control… This is intended to start our conversation on your next phase” – CEO George Friedman to Stratfor analyst Reva Bhalla on 6 December 2011, on how to exploit an Israeli intelligence informant providing information on the medical condition of the President of Venezuala, Hugo Chavez.

Using secret information to make money in financial markets

Stratfor’s use of insiders for intelligence soon turned into a money-making scheme of questionable legality. The emails show that in 2009 then-Goldman Sachs Managing Director Shea Morenz and Stratfor CEO George Friedman hatched an idea to “utilise the intelligence” it was pulling in from its insider network to start up a captive strategic investment fund. […] CEO George Friedman explained in a confidential August 2011 document, marked DO NOT SHARE OR DISCUSS: “What StratCap will do is use our Stratfor’s intelligence and analysis to trade in a range of geopolitical instruments,particularly government bonds, currencies and the like“…..

Ouch.

If I were George Friedman, I’d disappear about now.

I have never been overly impressed with Stratfor’s analytical prowess, having had readers, like Morgan, who from time to time sent me copies of their subscription level publication. Sometimes, Stratfor would produce spot on work but I found some of their forecasts to be marred by bizarre tangents and improbable assertions. Had I realized at the time that Statrfor’s real effort went into collecting inside information to play the markets I’d have been more generous in my assessment.

Geopolitical analysis was only Stratfor’s hobby. 🙂

Via Shlok, cutting edge thinker, strategist and amigo  John Robb has launched a new site, add it to your daily “must read” list or blogroll:

Resilient Communities

What Resilient Communities .com does

How do you take control of your life in an increasingly unstable world?

1. Decide.  Right now, your success is akin a cork on an increasingly turbulent ocean.  Change that. Make the decision to take control of your future.  This decision requires a change in mindset and perspective.
2. Act.  Take steps to actively reduce your dependencies and gain degrees of freedom.  Learn how to produce what you need at a level that meets or exceeds what you currently buy.  Learn how to make an income either locally or online in a way that has meaning and substance.
3. Align.  Network with other people that want control and meaning in their lives too.  Learn how to build or join online networks with the people who have the expertise to help you become resilient and/or share similar goals.  Learn how to raise capital from that community to fund projects — or — how to build the online network required to design and build useful new products or services.
4. Community.  Build, join, or move to a local community that’s dedicated to building a resilient future.  A community that isn’t dependent on a global system run amok or vulnerable to disruptions.  A community that you can trust.  A community that rewards your contribution with reciprocal loyalty.  Learn how to form a community that’s worth living in and how to propel that community into a stable, bountiful future.

The goal of this site is to help you with every step along that path.

[ by Charles Cameron ]
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[by Charles Cameron — on warfare and social media ]

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Al-Shabaab‘s media wing now has a twitter interlocutor from the Kenyan Army…

as the Islamic Emirate (Afghan Taliban) does from the ISAF Press Office:

Is this just “silliness”, as @Rory_Medcalf tweeted — or is there something fresh and with potential going on?  I’m thinking of richer social media initiatives, like Leah Farrall‘s conversations with Abu Walid, here, too…