Full Disclosure Network http://www.fulldisclosure.net The News Behind the News Wed, 23 Jul 2014 19:59:55 +0000 en-EN hourly 1 http://wordpress.org/?v=3.9.1 Sheriff Baca’s Long Reach #660-3http://www.fulldisclosure.net/2014/07/sheriff-bacas-long-reach-660-3/ http://www.fulldisclosure.net/2014/07/sheriff-bacas-long-reach-660-3/#comments Tue, 22 Jul 2014 22:25:34 +0000 http://www.fulldisclosure.net/?p=6649 Watch the Program Preview: Todd Rogers, Assistant Sheriff to LASD Sheriff Lee Baca, and candidate for Sheriff, describes his tenure as Assistant Sheriff, and called it an “awesome responsibility” to be trusted by Sheriff Lee Baca with complete authority over 17,000 members, training, the budget, and the academy for over 14 months. Rogers acknowledges that […]

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Todd Rogers, Assistant Sheriff to LASD Sheriff Lee Baca, and candidate for Sheriff, describes his tenure as Assistant Sheriff, and called it an “awesome responsibility” to be trusted by Sheriff Lee Baca with complete authority over 17,000 members, training, the budget, and the academy for over 14 months. Rogers acknowledges that the Los Angeles County Board of Supervisors held back funds because of their dislike of Baca, and that Rogers met with them to obtain an additional $40 million for the budget. Rogers describes himself as the “antithesis” of Under-Sheriff Paul Tanaka, and said that when Baca promoted him, he told him he needed someone trusted and respected inside and outside the department. Rogers reveals that he would expand the concealed carry law, but would be judicious about his choices. He discusses campaign funding by powerful business interests leading to favors owed, which he opposes.

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Federal Reserve Bank Examiners: Never Met Loan They Didn’t Like #656-1http://www.fulldisclosure.net/2014/07/federal-reserve-bank-examiners-never-met-loan-didnt-like-656-1/ http://www.fulldisclosure.net/2014/07/federal-reserve-bank-examiners-never-met-loan-didnt-like-656-1/#comments Tue, 15 Jul 2014 20:24:39 +0000 http://www.fulldisclosure.net/?p=6640 Watch the Program Preview:     Allan Meltzer, Ph.D., American Economist, Senior Fellow, Hoover Institute, and author of a three-volume history of the Federal Reserve, explains that banks have been turned into public utilities, and there’s too much emphasis on near-term actions. He posits that the Dodd-Frank Wall Street Reform Act in 2010 added even […]

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Allan Meltzer, Ph.D., American Economist, Senior Fellow, Hoover Institute, and author of a three-volume history of the Federal Reserve, explains that banks have been turned into public utilities, and there’s too much emphasis on near-term actions. He posits that the Dodd-Frank Wall Street Reform Act in 2010 added even more regulations to a heavily regulated industry, transferring decisions about risk for the bankers to the regulators. Meltzer divulges that the best incentive is to avoid loss in the first place, and Federal Reserve bank examiners in all major banks failed to regulate by not rejecting even one loan.

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The Truth About Baca & Tanaka? #660-2http://www.fulldisclosure.net/2014/07/truth-baca-tanaka-660-2/ http://www.fulldisclosure.net/2014/07/truth-baca-tanaka-660-2/#comments Wed, 09 Jul 2014 19:10:54 +0000 http://www.fulldisclosure.net/?p=6634 Watch the Program Preview: Todd Rogers, Assistant Sheriff to LASD Sheriff Lee Baca, divulges a long string of conflicts between Baca and Under-Sheriff Paul Tanaka. Rogers describes an instance of one Sheriff’s Sergeant pointing a gun at another one when he was a Commander, with a recommendation by him and his chief for demotion, but […]

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Todd Rogers, Assistant Sheriff to LASD Sheriff Lee Baca, divulges a long string of conflicts between Baca and Under-Sheriff Paul Tanaka. Rogers describes an instance of one Sheriff’s Sergeant pointing a gun at another one when he was a Commander, with a recommendation by him and his chief for demotion, but Tanaka was able to bully and override that decision because the instigator was a friend of his, culminating in a 15-day suspension for that individual. Rogers describes that incident as the beginning of the end between Baca and Tanaka. He reveals that Baca forced Tanaka out, and then Tanaka retired, with a healthy pension. Rogers said there were continuous examples when Tanaka should have been investigated and disciplined, but it didn’t happen. He explains that Baca first encouraged him to run for Sheriff, later asked him to withdraw, and how Baca strongly supported Commander James Hellmold, a very close friend, to run for Sheriff.

 

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Fed Reserve: the Danger of Quantitative Easing #655-3http://www.fulldisclosure.net/2014/07/fed-reserve-danger-quantitative-easing-655-3/ http://www.fulldisclosure.net/2014/07/fed-reserve-danger-quantitative-easing-655-3/#comments Wed, 02 Jul 2014 00:28:40 +0000 http://www.fulldisclosure.net/?p=6627 Watch the Program Preview: ——————————————————————————– You can watch all complete videos, by segments, when you sign up as a member. You can read a synopsis below. As a “Full Disclosure Insider” you can VIEW each segment in this series. Subscribe here! ——————————————————————————–   Allan Meltzer, Ph.D., American Economist, Senior Fellow, Hoover Institute, and author of […]

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Allan Meltzer, Ph.D., American Economist, Senior Fellow, Hoover Institute, and author of a three-volume history of the Federal Reserve, explains that $1 trillion has been added to total reserves, even after reducing reserves by $10 billion per year, and that $2.5 trillion sits idle on banks’ balance sheets. His concern is that adding more reserves just creates enormous problems for the future, and that trillions of dollars will have to be absorbed back into the system without creating another inflation or recession, and creating chaos in  the world. Meltzer divulges that when prices go up on existing capital, it’s a signal to the market to invest in new capital, and it’s relatively cheap, but that’s not happening, and there have been 28 consecutive quarters of very low investment, mostly in labor-saving equipment. He states that unemployment rates have gone down, but mostly because many people have left the labor force, discouraged, and it doesn’t make for a sound economy.

 

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Should Rogers Have Won the Sheriff Election? #660-1http://www.fulldisclosure.net/2014/06/rogers-won-sheriff-election-660-1/ http://www.fulldisclosure.net/2014/06/rogers-won-sheriff-election-660-1/#comments Wed, 25 Jun 2014 23:38:02 +0000 http://www.fulldisclosure.net/?p=6614 Watch the Program Preview:   Due to the importance of this timely interview, we are making the full segment available for view by everyone.     Assistant Sheriff Todd Rogers was appointed to his position by Los Angeles County Sheriff Lee Baca after Baca told Under-Sheriff Paul Tanaka that he had to go. Rogers divulges […]

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Assistant Sheriff Todd Rogers was appointed to his position by Los Angeles County Sheriff Lee Baca after Baca told Under-Sheriff Paul Tanaka that he had to go. Rogers divulges startling allegations against Tanaka by numerous fellow officers over the years, warning Baca that Tanaka “was a cancer in the Sheriff’s Department.” Rogers states that Baca revealed he had made a lot of mistakes and needed to trust Rogers, offering him the position of Assistant Sheriff to help Baca fix the department. Rogers said he searched his soul, but didn’t sell it, and that he had come to the conclusion that he needed to run against Baca because of Baca’s lack of oversight and failure to lead the department. Rogers said that while Baca backed him to run for Sheriff, he also backed two other individuals to run for the position. Rogers said he disagreed, and that one individual should have been chosen that could best lead the department.

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Federal Reserve Series: Rules Without Accountability #655-2http://www.fulldisclosure.net/2014/06/federal-reserve-series-rules-without-accountability-655-2/ http://www.fulldisclosure.net/2014/06/federal-reserve-series-rules-without-accountability-655-2/#comments Tue, 17 Jun 2014 22:32:21 +0000 http://www.fulldisclosure.net/?p=6602 Watch the Program Preview: Allan Meltzer, Ph.D., American Economist, Carnegie Mellon Tepper Graduate School of Business, and author of a three-volume history of the Federal Reserve, describes the Federal Reserve as a “banker’s bank,” where banks go to borrow money when they need more. He reveals that it has evolved into a social instrument trying […]

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——————————————————————————– Allan Meltzer, Ph.D., American Economist, Carnegie Mellon Tepper Graduate School of Business, and author of a three-volume history of the Federal Reserve, describes the Federal Reserve as a “banker’s bank,” where banks go to borrow money when they need more. He reveals that it has evolved into a social instrument trying to control inflation and unemployment. Meltzer notes that while Congress technically regulates and has some oversight, it mostly leaves the Federal Reserve alone as long as things are going well. He charges that two terrible mistakes have been made, one was was putting too much weight on what happens today or in two months, rather than looking ahead long-term. Meltzer maintains that rules must be established, and that if the Federal Reserve doesn’t abide by them, officials need to explain why or resign.

 

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FDN Annual Event 2014http://www.fulldisclosure.net/2014/06/fdn-annual-event-2014/ http://www.fulldisclosure.net/2014/06/fdn-annual-event-2014/#comments Tue, 10 Jun 2014 14:53:21 +0000 http://www.fulldisclosure.net/?p=6494 Watch the ENTIRE Program here: Full Disclosure Network® Internet – TV Series Celebrated our 22nd Anniversary earlier this year by hosting the Annual Brunch at the California Yacht Club in Marina del Rey for members and supporters of the non-profit, Emmy Award-winning “news behind the news” Internet and cable TV programs. Watch this 34  minute […]

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Full Disclosure Network® Internet – TV Series Celebrated our 22nd Anniversary earlier this year by hosting the Annual Brunch at the California Yacht Club in Marina del Rey for members and supporters of the non-profit, Emmy Award-winning “news behind the news” Internet and cable TV programs. Watch this 34  minute video summary of the event program, where  outstanding, exclusive highlights from FDN’s speakers and most recent productions,were featured,  including the following.

ANNIVERSARY VIDEO INCLUDES:

•Honoring the birthday of President James Madison -March 16th  Guest Speaker G. Edward Griffin, Historian and Author in unique presentation on the role of Madison in the creation of the U.S. Constitution. Listen to the full presentation here:  Brunch2014TranscriptAudioCredits

L.A. Sheriff’s Lt. Patrick Gomez (ret.) presentation covering the importance of the First Amendment and the Oath of Office, taken by sheriffs, police officers, and other public officials.

Sneak Preview from FDN’s New Series entitled “The Federal Reserve: Abuse or Benefit Americans?” featuring B. Scott Minerd, Chief Investment Officer and Founding Partner of Guggenheim Partners, and member of the Market Advisory Board to the New York Federal Reserve Bank; G. Edward Griffin, author of the classic “The Creature from Jekyll Island”; and Allan Meltzer, Ph.D., Senior Fellow, Hoover Institution.

The International Visitors Meet with FDN  State Department Leadership Program, sponsored by the International Visitors Council of Los Angeles,  invited 19 delegates from different countries to participate in its Accountability in Government II program, to learn about how the Full Disclosure Network® covers the government role of ethics and accountability in governance.

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Federal Reserve Historian Warns Of Power Politics #655http://www.fulldisclosure.net/2014/06/federal-reserve-meltzer-655/ http://www.fulldisclosure.net/2014/06/federal-reserve-meltzer-655/#comments Tue, 03 Jun 2014 23:18:05 +0000 http://www.fulldisclosure.net/?p=6564 Watch the Program Preview: ——————————————————————————– FDN’s  ongoing series examines the Federal Reserve System and it’s proper role in an interview with  Allan Meltzer, Ph.D., Professor, Carnegie Mellon Tepper Graduate School of Business, Senior Fellow at  Hoover Institute, and author of a three-volume history of the Federal Reserve. In this Segment 1 of 6 .  Dr. […]

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FDN’s  ongoing series examines the Federal Reserve System and it’s proper role in an interview with  Allan Meltzer, Ph.D., Professor, Carnegie Mellon Tepper Graduate School of Business, Senior Fellow at  Hoover Institute, and author of a three-volume history of the Federal Reserve. In this Segment 1 of 6 .  Dr. Meltzer, explains that  attempting to abolish the Federal Reserve is ill-informed, and that there is a need for what the Fed does. He further states that as a result of each crisis the country has gone through, the Federal Reserve has gained more and more power, becoming a politicized establishment, and that there is a need for better safeguards to keep it from becoming even more political. Dr.  Meltzer looks back at the beginning of his career in Washington, D.C., and reflects on working with noted economist Milton Friedman.

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Due to the importance of this series, we are making the full video available to everybody. Here below is Segment 1 in its entirety:

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Sheriff’s Race: Tempers Fly #VB129http://www.fulldisclosure.net/2014/05/sheriffs-race-tempers-fly-vb129/ http://www.fulldisclosure.net/2014/05/sheriffs-race-tempers-fly-vb129/#comments Thu, 29 May 2014 22:31:11 +0000 http://www.fulldisclosure.net/?p=6555 Tempers Fly as Sheriff Candidates Todd Rogers and Paul Tanaka swap insults in two separate interviews that provide a striking contrast of views with animosity.  First they disagree on Sheriff Baca’s role in the alleged obstruction of justice issues now taking place in Federal Court, Second they tangle over their roles in the Budget process […]

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Tempers Fly as Sheriff Candidates Todd Rogers and Paul Tanaka swap insults in two separate interviews that provide a striking contrast of views with animosity.  First they disagree on Sheriff Baca’s role in the alleged obstruction of justice issues now taking place in Federal Court, Second they tangle over their roles in the Budget process and relations with the Board of Supervisors. Rogers continues to attack Tanaka claiming he and Baca should both be indicted for their roles in the current scandal and he claims to have “inside knowledge” and details of the obstruction of justice.  Tanaka suggests that Rogers should go before the Grand Jury if he has inside knowledge. Rogers claims that U S Assistant Attorney “outed” Tanaka as being a “subject” of the investigation. but they agreed that the Federal Trial was not manipulated by power brokers and influential backers supporting front runner Jim McDonnell.

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Olmsted: The 2014 Jail Reform Candidate Pt 1 #658http://www.fulldisclosure.net/2014/05/olmsted-2014-jail-reform-candidate-pt-1-658/ http://www.fulldisclosure.net/2014/05/olmsted-2014-jail-reform-candidate-pt-1-658/#comments Mon, 26 May 2014 21:20:01 +0000 http://www.fulldisclosure.net/?p=6519 Usually full programs are only available to our “Full Disclosure Insiders” members. Due to the importance and timeliness of this issue, we are making the full 6 segments of the interview available to everybody.     Segments 1-3  are below Segments 4-6 use link at bottom of this page  Olmsted: The 2014 Jail Reform Candidate Bob […]

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Usually full programs are only available to our “Full Disclosure Insiders” members. Due to the importance and timeliness of this issue, we are making the full 6 segments of the interview available to everybody.    

Segments 1-3  are below
Segments 4-6 use link at bottom of this page

 Olmsted: The 2014 Jail Reform Candidate

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Bob Olmsted is a retired Los Angeles County Sheriff’s Commander who reported corruption and mismanagement before the Jail Commission hearings. He describes his career experience and his 2014 candidacy for L A. County Sheriff here in the first of six segments of a in-depth interview on Full Disclosure Network(R). He gives his assessment of the other candidates in the race.

 

 

LA Sheriff Politics: Does Baca Still Influence LASD?

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In this Segment #2 of 6,  It is noted that Sheriff Leroy Baca resigned from office but still has continuing influence over the L A County Sheriff’s Department and the 2014 election to replace him. Bob Olmsted talks about Baca’s influence and the mismanagement of the department that caused him to become a candidate. Olmsted claims that returning to “Core Values” and adhering to the Constitution will help to reform the department.

 

 

Sheriff Politics, Lower Hiring Standards

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In this segment #3 of 6 segments covers how the lowering of hiring standards for Deputy Sheriffs has proved disastrous for the L A County Sheriff’s Dept. according to former Commander Bob Olmsted. He describes the horror stories that resulted from hiring people with criminal records and manipulating the hiring system. He says gang members with Tattoos should not be hired and believes that gang members working within the department is unacceptable.

View Part 2 (Segments 4-5-6) from this link here.

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