The Seattle Times article about Seattle Police Department officer Clayton S. Powell #5776 also reveals that SPD initially misinformed the public about the August, 2012, incident in which Powell apparently used excessive force. At that time, Seattle Times reported:

A veteran Seattle police officer is under investigation after fellow officers reported he used excessive force and engaged in unprofessional conduct while responding to a disturbance Thursday night in South Seattle.

That report was backed with a quote from SPD spokesman Sean Whitcomb:

Whitcomb said Powell's actions were immediately reported by officers at the scene.

"We want people to understand that the officers on scene saw things that were unprofessional and saw what they thought was excessive use of force and they notified their boss, who notified the chain of command and immediate action was taken," Whitcomb said.

Dominic Holden followed that with two Slog posts, the first of which praised "stand-up officers who won't let this shit stand anymore."

Today, though, the Times reports:

Police initially said that other officers who responded to the shooting call reported that Powell had used excessive force and engaged in unprofessional conduct at the scene.

But police later revised their account, saying no other officer reported the conduct. Rather, a sergeant who routinely screened the arrest learned of it when he asked Powell's partner what had happened.

The partner told the sergeant to ask Powell, and when he did, Powell explained what had happened, police said.

So much for Seattle cops finally taking a stand for what's right when their colleagues abuse their positions of power.

Naked Came the Treasury Secretary

Another Epic Fail of Obama’s neocon administration

Years ago, a group of anonymous newsies wrote a book on sex (the equivalent of the present day’s 50 Shades of Grey type stuff), called Naked Came The Stranger --- several entertainingly erotic stories, the rest your usual “sex as a weapon” or “have sex and suffer the consequences” type drivel.

We see much the same writing with the latest newsy bullcrap on the recent presidential appointment.

Obama’s latest necon/Wall Street stooge appointment, Jacob “Jack” Lew, is being spun by corporate newsies as a “change” or “alteration” from Timmy Geithner, fave of Wall Street and the Rockefeller/Kissinger/Peterson gang.

Bullcrap to the max! ! !

Lew has consistently been a major promoter of shadow banking --- credit derivatives and securitizations: fantasy finance instruments based upon never-ending layers of debt.
Lew is an inveterate liar, poser and shill; nothing which would or should recommend him for any government position.

A leader in "regulatory capture” --- the modern term for absolute corruption!

From the stock pools of yesteryear, leading up to the Great Crash of 1929, to the dark pools of today, leading to the economic meltdown and the Great Deleveraging (which should last for another 20 years or so, at least), this very day we have both stock pools (proprietary trading and HFT) and dark pools (opaque hedge funds and private equity funds, etc.).

With the Office of the Comptroller of the Currency’s latest report, the compiled list of derivatives of the banksters as of the end of 2011, we see that 97% of the credit derivatives held by the banks is composed of credit default swaps (“unregulated insurance”), with 40% of that figure in the speculative category (“naked swaps”) --- actually something of a misnomer, since they themselves define which are used for speculation and which aren’t, and since they can all conceivably be used for such, it may very well be that all 97% are, or will eventually be, naked swaps!

Of course, if said credit derivatives were actually valued at mark-to-market --- or street value --- they would be worthless, which was why the accounting rules were allowed to be changed enabling the banksters to declare the value of their “assets” themselves, much the same manner as they now declare the American worker as having no value, hence their justification for offshoring as many jobs as possible, and paying as little in wages as possible, for the foreseeable future.

Were those credit derivatives held by JPMorgan Chase valued honestly, tomorrow there would be NO JPMorgan Chase, and Jamie Dimon could move on to his very own reality-comedy show, titled: “Jamie, Jamie, Jamie!!!”

Sidebar: In between the Clinton and Obama administrations, during Lew’s stint at NYU “..Lew aided the university in ending graduate students' collective bargaining rights. The Obama administration has maintained that Lew supports workers' union rights.”

“In June 2006, Lew was named chief operating officer of Citigroup's Alternative Investments unit, a proprietary trading group. The unit he oversaw invested in a hedge fund "that bet on the housing market to collapse."

“Lew co-chaired the Advisory Board for City Year New York.[22] He is a member of the Council on Foreign Relations, the Brookings Institution Hamilton Project Advisory Board, and the National Academy of Social Insurance.”

(FYI: Hamilton Project is Robert Rubin’s creation to promote the privatization of EVERYTHING!)

http://en.wikipedia.org/wiki/Jacob_Lew