Tag: Blackstone Group

  • Rumsfeld proposes U.S. propaganda agency

    Donald Rumsfeld has returned to the spotlight, promoting an idea that got him into hot water when he ran the Defense Department.

    In his first major speech since departing the Bush administration in 2006, Rumsfeld pushed for a new propaganda agency to combat the anti-U.S. rhetoric emanating from Muslim countries and to burnish the American image abroad. He said the U.S. needs an agency bigger and better than the old United States Information Agency, the Cold War-era operation that was absorbed into the State Department. (Story continues below interactive map.)

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    “We need someone in the United States government, some entity, not like the old USIA,” Rumsfeld said in a conference here Wednesday sponsored by the Institute for Defense and Government Advancement.

    “I think this agency, a new agency has to be something that would take advantage of the wonderful opportunities that exist today. There are multiple channels for information … The Internet is there, pods are there, talk radio is there, e-mails are there. There are all kinds of opportunities,” he said.

    The U.S. government, he said, currently does not “with any systematic organized way attempt to engage the battle of ideas and talk about the idea of beheading, and what’s it’s about and what it means and talk about the fact that people are killing more Muslims than they are non-Muslims, these extremists.

    “They’re doing it with suicide bombs and the like. We need to engage and not simply be passive and allow that battle of competition of ideas,” Rumsfeld said, according to a transcript provided by Wired News.

    In the weeks following the Sept. 11, 2001, terrorist attacks, Rumsfeld created just such an agency when he was defense secretary, under the direction of then-Under Secretary Douglas Feith.

    Known as the Office of Strategic Influence, the agency’s mission, in part, was reportedly planting misleading stories in foreign media. Lawmakers expressed concerns that those types of propaganda efforts, which had all the traits of military psychological operations, would undermine rather than promote U.S. interests abroad.

    Under pressure, Rumsfeld announced in February 2002 that the agency had been shut down.

    If there was any irony in Rumsfeld’s attendance this week at the conference it was this: The company L-3 Communications sponsored an “invitation only” luncheon with the former defense secretary. L-3 Communications owns Titan Corp., which did severe damage to the U.S. image aboard when a handful of its translators were implicated in the Abu Ghraib prisoner abuse scandal.

    Contact: eric@muckety.com

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    2 Comments

    • #1.   Larry 01.25.2008

      Let me guess, Rummy would call this agency the Ministry of Truth…

    • #2.   Rob H 01.27.2008

      Why is Rumsfeld relevant? Go back to your golf game, you old man. You were a failure. Thanks for the billion dollars a day we are spending now in a stupid war based on your lies.

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  • Power Lines Buzzing at Davos

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  • Yucaipa may pay Bill Clinton $20M

    Democrats are quick to criticize President Bush’s handling of the economy. However, at least one top Democrat has done pretty well during the last eight years.

    Former President Bill Clinton made $9.2 million in speaking fees in just his first year out of office in 2001. He later got a reported advance between $10 million and $12 million for his memoir, My Life.

    All this money adds up. Clinton and his wife, Sen. Hillary Rodham Clinton, D-NY, listed their assets as between $17.4 million and $53.7 million, in the most recent report made public.

    And now it appears that Bill Clinton is eligible for a $20 million payout for his relationship with a private equity firm. (Story continues below interactive map.)

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    The Wall Street Journal reported Tuesday that Clinton will receive the money as a result of his role as an advisor from 2002 to 2007 to funds managed by Yucaipa Companies.

    Ronald W. Burkle, Clinton’s friend and a major Democratic Party contributor, is the founder and managing partner of Yucaipa. The firm has invested heavily in supermarkets and other ventures.

    The Journal reported that Clinton last year decided to end his connection to Yucaipa, so as not to complicate his wife’s presidential bid.

    A Yucaipa fund, the Yucaipa Global Partnership Fund LP, is connected to the ruler of Dubai, Sheikh Mohammed bin Rashid al-Maktoum, the paper reported. That link could become controversial if the power of foreign investments in this country becomes a campaign issue for Sen. Clinton.

    According to the Journal, Clinton is eligible for the $20 million because Yucaipa sold Wild Oaks Market Inc. and Pathmark Stores. The transactions substantially increased the profits of two Yucaipa domestic funds, triggering the payout.

    In a 2006 story in The New York Times, Burkle described Clinton’s role at the company:

    “He explains to people better than we can why these are good things to invest in,” Burkle said. “He’ll talk about the importance to the economy, to the community. And he builds the brand of Yucaipa.”

    The Times quoted Clinton from a 2003 speech in which he explained why he decided to join Yucaipa:

    “(The company) has earned a phenomenal return in investing in three things I care about,” he said. “In underserved communities, in underperforming companies that are friendly to their workers and their families, and in minority-owned businesses.”

    Burkle and Clinton met in 1992, when Clinton was running for the presidency. They became friends, and Clinton would stay at Burkle’s house when he was in California.

    Burkle hosted a March 2007 fundraiser for Sen. Clinton at his home in California that took in $2.6 million.

    In 2007, Forbes magazine estimated Burkle’s wealth at $3.5 billion, placing him at number 91 on the list of 400 richest Americans.

    A college dropout, Burkle started out in the grocery business by stocking shelves.

    Burkle has looked into the newspaper business, but his efforts to acquire the Tribune Company and Knight Ridder did not pan out.

    The New York Daily News reported in 2006 that Jared Paul Stern, a contributor to the gossip pages of the New York Post, attempted to extort $220,000 from Burkle in exchange for good coverage, money that Burkle did not pay.

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  • Making lots of hay at Deere & Company

    Maybe Robert Lane, chairman and CEO of Deere & Company, is underpaid at $50 million a year?

    Tuesday, with world stock markets melting down and the Dow off nearly 130 points, Deere shares gained nearly nine percent. One analyst even raised the target price for Deere stock, saying the prospects for the company’s tractors and other farm equipment are strong. (Story continues below interactive map.)

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    Last week, Deere released its annual proxy statement revealing that Lane earned $14.2 million in direct compensation in fiscal 2007 and another $39 million through exercising stock options and vested stock awards. Total take: $53 million plus.

    In addition, the filing showed, Lane held vested, unexercised options worth $79 million on October 31 last year, and not-yet-vested options worth $23.4 million. That was at a stock price of $77.45. Deere closed Tuesday at $83.13.

    With the value of those unexercised options alone, Lane could fund the annual budget ($112.7 million) of Deere’s hometown, Moline, Ill., and still have a few million left.

    While Deere is based in Moline, it’s CEO has strong ties to Chicago. Lane is a national director of the Lyric Opera of Chicago and an honorary director of Lincoln Park Zoo, one of the nation’s oldest zoos.

    Last year, Lane added Clayton Jones, chairman and CEO of Rockwell Collins, and Charles O. Holliday Jr., chairman and CEO of DuPont, to Deere’s powerful board of directors.

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  • Robert Trout takes on another high-profile case

    The trial of Rep. William J. Jefferson, D-La., begins next month with the nine-term congressman and former chairman of the U.S. congressional caucus on African trade facing a 16-count indictment including fraud, bribery, racketeering and money laundering.

    Jefferson is charged with taking more than $500,000 in bribes and soliciting much more in a scheme to broker business deals in Africa.

    Making the case for the congressman, whose freezer was stuffed with $90,000 in cash in $10,000 packets wrapped in aluminum foil and stuffed inside frozen-food containers, will be attorney Robert P. Trout. (Story continues below interactive map.)

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    A former federal prosecutor, Trout has defended other Democratic notables, including Carol Browner, chief of the Environmental Protection Agency during the Clinton administration. Browner had been charged with illegally destroying agency computer files that had been sought by a conservative legal foundation.

    Trout also defended Schuyler Tilney, a Houston-based Merrill Lynch executive, against charges of securities fraud. The Securities and Exchange Commission accused Tilney of helping Enron Corp. improperly inflate its profit figures.

    Trout is a partner in the law firm Trout Cacheris with Plato Cacheris, who has represented Robert Hanssen and Aldrich Ames, spies serving life sentences. Other former clients of Cacheris include Monica Lewinsky, former U.S. Attorney General John Mitchell and Fawn Hall of Iran Contra fame.

    Jefferson has hired PR chief Judy Smith of Impact Strategies, a crisis communications company in Washington, to help coordinate press queries and shape his media message during the trial. Smith work as a deputy press secretary for former President George H.W. Bush and has done work for Lewinsky, Sen. Larry Craig, and the family of Chandra Levy, the murdered congressional staffer who had an affair with former Rep. Gary Condit.

    Trout has argued in recent pretrial hearings that certain evidence, including some of Jefferson’s statements to the FBI and evidence from Jefferson’s home, should not be admitted at the trial.

    Trout asserts that FBI agents who raided Jefferson’s home in 2005 were overly hostile to Jefferson, who assumed they were going to arrest him.

    “He thought he was going to be taken out in handcuffs,” Trout said.

    Trout maintains that given the circumstances of the raid, the agents should have read the congressman his Miranda rights, but failed to do so.

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  • Journalists Avoid the L Word

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  • Alice Waters, food fighter

    Advocating locally grown food has taken Alice Waters far beyond Berkeley, home of Chez Panisse, the restaurant she founded in 1971.

    Waters is author of nine cookbooks, head of the Chez Panisse Foundation, vice president of Slow Food (as in the opposite of fast food) International. And this week, she will be rubbing elbows with the global muckety mucks attending the World Economic Forum in Davos. (Story continues below interactive map.)

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    Sessions on the forum agenda include “Rethinking the Food Chain” and “Are We Being Bio-Foolish,” topics close to her heart.

    Waters has been called a food revolutionary for her belief in organically grown foods, served only when they are in season.

    Chez Panisse serves only one meal a day, using meats, vegetables and other foodstuffs provided by a carefully developed network of suppliers. Without knowing what the menu will be, diners reserve tables months in advance.

    “Chez Panisse is a much larger enterprise than a restaurant,” wrote biographer Thomas McNamee, in Alice Waters and Chez Panisse. “It is a standard-bearer for a system of moral values. It is the leader of a style of cooking, of a social movement, and of a comprehensive philosophy of doing good and living well.”

    Waters also pioneered the Edible Schoolyard project, in which schoolchildren prepare and eat food they grow themselves.

    Now she is planning an event for Labor Day weekend, called Slow Food Nation, in which farmers and chefs will demonstrate earth-friendly foods.

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  • Riding Lou Dobbs’ coattails

    Lou Dobbs
    Lou Dobbs

    Lou Dobbs, the tough-talking anchor for CNN, is expert at riding popular opinion. Last week, a group called Americans for Legal Immigration attached itself firmly to Dobbs’ popularity as it launched an effort to draft him for president.

    If nothing else, it was a good public relations move by ALIPAC, headed by William Gheen. The group shares Dobbs’ fervor against illegal immigration.

    Kevin Horrigan reported in the St. Louis Post-Dispatch that in the first 24 hours Gheen’s group received campaign pledges, should Dobbs choose to run, totaling $160,000. (Story continues below interactive map.)

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    Compare that to ALIPAC’s own fund raising. According to the most recent Federal Election Commission reports, through June of last year, the group raised $72,418 for the 2007-08 election cycle. It raised $47,433 in the 2005-06 cycle.

    In his column headlined “Loupublicans and Dobbsocrats,” Horrigan wrote that when he first saw the email announcing the draft Dobbs effort, he thought it was a joke. He probably wasn’t alone.

    But it would be a mistake to discount the appeal of the Harvard-educated broadcaster who has transformed himself into a raving populist. Dobbs says free trade costs American jobs. He regularly bashes big business, big government and the established political parties. CNN calls Dobbs the “leading media advocate” for America’s working men and women.

    “The truth is not ‘fair and balanced,’ Dobbs told the New Yorker in 2006.

    The Dobbs-for-president buzz is not new. It received a jumpstart in early January when the The Wall Street Journal ran a story about Dobbs gaining attention as a possible independent candidate.

    The story quoted Gheen and Dobbs, who said he wasn’t a candidate but he had not ruled out the possibility.

    Later that day, CNN’s Wolf Blitzer interviewed Dobbs about the Journal’s story. Dobbs said he was flattered by the interest and repeated that he wasn’t a candidate but could never say never.

    “I’m an advocacy journalist and I’m having a great, great time right now,” Dobbs told Blitzer.

    Whether he runs or not, Dobbs will have an impact on the election because of the audience he appeals to. Writing in The Politico last October, Christopher Gacek said that Dobbs “may be the most important person in the 2008 presidential election aside from the candidates themselves.”

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    6 Comments

    • #1.   zeezil 01.20.2008

      What a huge breath of fresh air should Lou Dobbs throw his hat in the ring. I would definitely vote for him. Not only is he the only MSM news anchor taking on illegal immigration (which he is totally correct on), he has taken on the economy, special interests, lobbyist influence peddling, government corruption, truth in government, religion in politics, free trade and favored trade status issues, national security, the folly of the Iraq War and how contractors are becoming enriched from it, middle class erosion and American worker protection, outsourcing jobs for larger corporate profit, excessive issuance of H-1B visas, our crumbling infrastructure, education, food safety and inspections, the environment, China’s dangerous imports and its influence on our national deficit, NAFTA, SPP, NAU, LOST, ridiculous government treaties, crime, drugs, racial issues and the list goes on.

      Lou Dobbs has talked about, taken stances on, exposed and researched more issues than any other presidential candidate ever has or ever will.

    • #2.   Bluecollar 01.20.2008

      Lou Dobbs is a demagogue living on a 16 mil a year salary in a 300 acre home. He has found a way to be relavant in a world where he has to compete with the likes of oreilly and Hannity. I will vote for a candidate who is sincere on issues. Ron Paul is a believer. Lou Dobbs is a phony.

    • #3.   mightymouse 01.20.2008

      Because of Lou there are more than 800,000(nightly viewers) American Citizens that know what’s going on in this country. Meddling foreigner leaders controlling our Politicans all the way up to our President!

      The newspapers and television telling us that we are not smart enough to think for ourselves and telling and showing only what they want. Even they although, they’re probably fearful of losing their jobs…won’t admit the truth. Into days world, wrong is right and right is wrong, the is, at least, one person who see through the murky lens and tell the truth based on facts.

      Because of that, he is shot down as an over zealous tv personality looking for ratings. Well guess what…….they’re wrong and the silent voices were listening and are now being heard. Guess that makes some people and governments nervous, so be it……LOU will get my money and my time if he runs!!! We need an American for America and not for businesses or foreign countries!

    • #4.   zeezil 01.20.2008

      Lou Dobbs quote from his book ‘Independents Day’:

      The key difference between our two parties is purely partisan: While Democrats describe themselves as liberal, progressive, and committed to civil liberties, and Republicans describe themselves as conservative and committed to tradition and social stability, the truth is, their only guiding principles are that Democrats are anti-Republican while Republicans are anti-Democrat. They have become nothing more than two wings of the same bird.

      If the distinction between Republicans and Democrats is blurred and increasingly unclear, it’s in large part due to the fact that both parties are dependent on the largesse of corporate America and the influence of special interests. Bush has sent tens of thousands of our troops around the world to fight the war on terror, and hundreds of thousands to Iraq and Afghanistan, yet for 6 years he has insisted upon leaving our borders and ports open to the illegal traffic of millions of illegal aliens and billions of dollars in illegal drugs.

    • #5.   Jacky 01.20.2008

      LOL, he will go as far as Tom Tancredo. I hope he runs. The guy is a LOSER

    • #6.   SOSAFORUS 01.21.2008

      We also need someone who has the guts to stand up to the President of Mexico who can not get it through his thick head we are a sovereign Nation run by “we the people”. Lou Dobbs is the only one to stand on national tv and tell Caleron to “stuff it” and mind his own business. Has our so called President or any member of our congress done this yet….I think not.

      And because they haven’t, expect Calderon’s visit in Feb.to be apart of a pandering visit with our congress to try to stop what he calls the rhetoric in our presidential campaign by the GOP against illegal aliens. Something he can not get though his pea brain that citizens are demanding the issue be talked about.

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