THE ASSANGE CASE & COLLATERAL MURDER – Kristinn Hrafnsson, Jen Robinson, Dale Yates & Sami Ramadami – YouTube

Wikileaks editor-in-chief Kristinn Hrafnnson & Julian Assange lawyer Jennifer Robinson respond to two Guardian articles this week that delivered significant context to Wikileaks‘ 2010 “Collateral Murder” video release: In this video by Don’t Extradite Assange, Hrafnnson and Robinson are joined by former Reuters’ Baghdad bureau chief Dale Yates and Sami Ramadani, an Iraqi lecturer and writer.

Yates, subject of one of The Guardian articles, held the Baghdad post in 2007 when an Apache helicopter airstrike killed two of his staff members, Saeed Chmagh and Noor-Eldeen. Yates wasn’t allowed to report on what two U.S. Generals had shown Reuters at the time.

What we learn now is what Reuters wasn’t able to report, in particular how the death of one Reuters employee strongly appears to be a war crime. Yates reels at the deception and says Reuters was cheated by the U.S. brass.

Sami Ramadani speaks of the Iraqi reaction to the ‘Collateral Murder’ release and the evidence WikiLeaks published of torture at Abu Ghraib prison. The second Guardian article points out that in Assange’s indictment there is no mention of the Baghdad air strike footage, even though 40 of the 175 years in prison Assange faces relates to “Collateral Murder.” Robinson explains that the charges are in fact about the publication of the Rules of Engagement, which Manning leaked to show that the Baghdad air strike had violated them. This video is the replay of Saturday night’s program, courtesy of Don’t Extradite Assange.

BBC Does It Again: “In The Absence Of A Credible Plan We Will Have A Global Financial Meltdown In Two To Three Weeks” / IMF Advisor

[Guest post from Zerohedge’s Tyler Durden.  This is a site that has continually kept a finger on the pulse of the market – as savvy as they are, they see how it now behaves like a wild animal and to that end, realize what is normal/abnormal and also unprecedented.  Their traffic has grown exponentially over the course of the last few months and when this post was listed as top story today – the link would not post a preview, nor would the link properly function (in fact, it jumped to Obama’s jobs speech post, incredulously).  In the spirit of sharing much needed information – I present it here, unedited. ~ G]
A week after the BBC exploded Alessio Rastani to the stage, it has just done it all over again.  In an interview with IMF advisor Robert Shapiro, the bailout expert has pretty much said what, once again, is on everyone’s mind: “If they can not address [the financial crisis] in a credible way I believe within perhaps 2 to 3 weeks we will have a meltdown in sovereign debt which will produce a meltdown across the European banking system.  We are not just talking about a relatively small Belgian bank, we are talking about the largest banks in the world, the largest banks in Germany, the largest banks in France, that will spread to the United Kingdom, it will spread everywhere because the global financial system is so interconnected.  All those banks are counterparties to every significant bank in the United States, and in Britain, and in Japan, and around the world.  This would be a crisis that would be in my view more serrious than the crisis in 2008…. What we don’t know the state of credit default swaps held by banks against sovereign debt and against European banks, nor do we know the state of CDS held by British banks, nor are we certain of how certain the exposure of British banks is to the Ireland sovereign debt problems.”
But no, Morgan Stanley does, or so they swear an unlimited number of times each day.  And they say not to worry about anything because, you see, it is not like they have any upside in telling anyone the truth.  Which is why for everyone hung up on the latest rumor of a plan about a plan about a plan spread by a newspaper whose very viability is tied in with that of the banks that pay for its advertising revenue, we have one thing to ask: “show us the actual plan please.”  Because it is easy to say “recapitalize” this, and “bad bank” that.  In practice, it is next to impossible.  So yes, ladies and gentlemen, enjoy this brief relief rally driven by the fact that China is offline for the week and that the persistent source of overnight selling on Chinese “hard/crash landing” concerns has been gone simply due to an extended national holiday.  Well, that holiday is coming to an end.
By the way, Reuters, Shapiro is not a Yes Man – we’ll spare you the ruminations.