every major jet fighter sale is corrupt

Reporters Joachim Dyfvermark, Sven Bergman and Fredrik Laurin won Sweden’s most prestigious journalism award ….”

A PBS Frontline documentary on that investigation is revealing. You can watch it free online. (By free, I also mean commercial free.)

BribeTN

Their documentary series, “Gripen: The Secret Deals,” which uncovered a massive network of alleged bribes, shell corporations and secret contracts around the marketing of the Gripen aircraft. Using hidden cameras, the reporters posed as business intelligence agents and were able to capture what seems to be an on-air confirmation from Jan Kavan, a prominent Czech politician and former president of the United Nations General Assembly, describing how Czech politicians across the political spectrum had accepted bribes to approve the Gripen deal. The reporters also tracked down an array of contracts signed by the then-marketing director of Saab, which detailed multimillion dollar commissions promised to agents if the deal was successful.

When it aired in 2007, the documentary caused an international outcry and prompted prosecutors in at least seven countries to open investigations into the suspected bribery. Investigations are ongoing in Sweden, the Czech Republic, Britain, South Africa, Switzerland, Austria and the United States. Last week, the international investigations yielded its first arrest. Count Alfons Mensdorff-Pouilly, a BAE lobbyist profiled in the film, was arrested in Austria for alleged money laundering and bribery in the Gripen deals. …

They point out that a Jet Fighter deal for a developing country like South Africa might happen … because the bribe to the politicians would be bigger than the bribe they can get spending the money, for example, on an AIDS program.

South Africa has already bought 24 Grippens. …

This documentary reminded me of The Airbus Affair in Canada:

… allegations of secret commissions paid to members of the Government of Canada during the term of Prime Minister Brian Mulroney, in exchange for then-crown corporation Air Canada’s purchase of a large number of Airbus jets. …

After getting voted out of Office, Mulroney has admitted to accepting from Karlheinz Schreiber, a European lobbyest. Mulroney stuffed $225,000 from Schreiber, in cash, into his pockets. And then not reporting this in his income tax returns until eight years later. (When the jig was up.)

Even today, Mulroney has paid taxes on only half the money from Schreiber. Money he got in 1993-94.

Mulroney-Schreiber

Mulroney is not in jail. But, last I heard, Schreiber is.

have you seen Sicko?

I first posted about this movie May 22, 2007.

How could I have missed seeing it until now?

It’s a very important film. Especially with the Health Care debate happening in the USA.

… Sicko is a 2007 documentary … by American film maker Michael Moore. The film investigates the American health care system, focusing on its health insurance and pharmaceutical industry. The film compares the for-profit, non-universal U.S. system with the non-profit universal health care systems of Canada, the United Kingdom, France and Cuba. …

Wikipedia

You can watch it free and legal on Google Video.

It’s not a documentary. It’s Michael Moore’s one sided diatribe against the American Medical system.

But he got the bottom line right. The USA has a crappy medical system, overall. Sure if you have good coverage in the States (working for Cirque du Soleil, for example) … you are better off personally than someone working for, say, Cirque in Canada.

But something like 50 million Americans have no insurance. That is really sick!

sicko_facts_up_front

People are healthier and live longer in pretty much every other developed country, too.

The case studies in Sicko are selective, but still well worth watching. (I want to move to France from Canada after seeing those interviews!)

Under the Obama presidency, something is going to happen in the USA. But what?

It’s complicated.

The best vision I’ve heard is that of George C. Halvorson, CEO of Kaiser Permanente, the largest managed care organization in the United States. A non-profit.

… KP places a strong emphasis on preventative care, reducing costs later on. Second, its doctors are salaried rather than paid per service, which removes any incentive for doctors to perform unnecessary procedures. Thirdly, KP attempts to minimize the time patients spend in high-cost hospitals by carefully planning their stay and by providing cares in clinics. …

His most recent book: Health Care Will Not Reform Itself: A User’s Guide to Refocusing and Reforming American Health Care

Halvorson-book

Halvorson is a realist. Not a utopian like Michael Moore.

Listen to an interview with Halvorson on NPR.

In his movie Michael Moore neglected to mention that current systems in countries like Canada will soon collapse. They are not sustainable financially.

In 10 or 20 years how will the U.S. ranking compare?

That’s being decided right now.

Obama-Health_care

Leave a comment if you have an opinion.

Is California doomed? What about the USA?

california_brokeJohn Fedak, a recently ex-Californian, linked to this post:

Welcome to California, Home of the Highest Taxes in the Nation

Having just travelled there, I can confirm that California is insanely expensive compared with next door Nevada.

California is home to Google, Hollywood and dozens of the other biggest industries in the world.

Yet California is broke.

Republican Arnold has not been able to fix CA.

When traveling there last week a thought struck. Is Obama going to bankrupt the USA like California?

He’s trying to fix everything at once. Is that the best course?

Perhaps he should change one thing at a time in priority order.

Arnold

Hitler parody – Real Estate Downfall

The Housing Bubble bursts on a speculator. Parody using a clip with Hitler as the real estate investor. He bought a house to flip, faces foreclosure, and now wants to get bailed out.

Click PLAY or watch it on YouTube.

Thanks Elan.

Credit Card Bill of Rights passes

Is there a credit card debt problem?

To find out, click PLAY or watch the trailer to Maxed Out on YouTube.

… The main premises of the documentary and book are that banks and other creditors deliberately market to people who are more likely to have problems paying predatory lending and that the creditors benefit from connections to government, the debt collection industry, and from lawmaker apathy. …

New legislation in the USA, the Credit Cardholders’ Bill of Rights, just passed overwhelmingly.

From what I can see, it looks like rules in the States will be tightened. That’s a good thing.

People hopefully will be better protected from their own stupidity.

I can look down the stupid (at the moment) because I have no credit card debt. Certainly I have been stupid in the past. Once having over double the average credit card debt of Americans today.

credit_card_debt
graphic source

The banks have between 9-12 months to adjust to the new regulations.

A NY Times blog notes that the banks are ratcheting up fees and interest before the Fed’s rules kick in.

Best advice. Pay off your credit card debt.

quality of life in Finland

Finland is the most sparsely populated country in the European Union.

Dana sent me a link to a good article from the Christian Science Monitor.

The point of view of an American expat:

“I’ll never become rich in Finland,” one explained, “the taxes are just too high.” But for him it was a trade-off worth making. “Great healthcare, basically free. My kids get one of the best educations in the world, free.” By the way, that includes college, free. He had no plans to move back to the States.

As I spent more time in Helsinki, my own notion of the luxuries available in Finland expanded to include more than just the quiet pleasures of a cabin getaway. Finnish cities are filled with universally well-maintained and high-quality schools, hospitals, buses, trains, and parks. While most Finns might never be able to own a well-appointed SUV or a big house, they value the less-tangible assets they do have, which add up to quality of life and peace of mind. …

What Finland can teach America about true luxury

A Socialist paradise?

finland-bird1

I’m not sure the Socialist Finland economy is sustainable.

bailing out banks, not home owners

Here is an interesting graph from the New York Times showing the history of home values from 1890 to the present adjusted for inflation. …

click on image for larger version
click on image for larger version

Ray Fowler .org

If you were lucky, you sold a house after it went UP.

If you were unlucky you got stuck with a house that went DOWN in value.

mortgage_crisis_explained

Don’t look for much help from the U.S. government.

… This is a HOUSING crisis, not a BANKING crisis, yet $700+ billion has gone to help bankers and only $75 billion to “help” homeowners. The banker’s money has mainly been spent and the homeowner money has hardly been touched. If this is a HOUSING crisis, why aren’t more resources being devoted to housing? …

I, Cringely – Wall Street and Main Street Don’t Cross

Happily — for me — the value of my Hubba tent is holding up really well.