Monthly Archives: March 2014

Cerberus Capital Management; The Big Dog that Hunts and Preys

“You’re either at the Table or On the Table. “

Old Wall St. adage

Dante and Virgil encounter Cerberus at the Gates of Hell”

           by Christopher ´Topher´ Allen Shepard

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Cerberus Capital Management ~ The Big Dog that Hunts and Preys

by Jamie Lee

https://tabublog.com/

Cerberus is named after the mythological three-headed dog that guarded the gates of Hades aka the (Bill?) Gates of Hell.

With a serpent’s tail, a mane of snakes, and a lion’s claws, it guards the entrance of Hell to prevent those who entered from ever escaping. Cerberus is featured in many works of ancient Greek and Roman literature and in works of both ancient and modern art and architecture.

This week, Cerberus Capital Management announced it was buying Safeway Supermarkets for $9 billion, just as California is going into a never before experienced historical water and food crisis. Their timing is incredible in that after this acquisition they will have over doubled control of our major supermarkets in California and beyond.

Last year, a Cerberus-led investor group spent $3.3 billion in cash and debt assumption buying 887 stores from Supervalu Inc., with the names Albertsons, Acme, Jewel-Osco, Shaw’s and StarMarket. Cerberus already owned some Albertsons stores, which it bought in 2006. In the fall, Albertsons said it would buy 50 stores operated by Texan chain United Supermarkets.

In the U.S., More than 19% of market share in the U.S. grocery industry belongs to Kroger, whose chains include Ralphs and Food 4 Less, according to Euromonitor International. Safeway, which has 1,335 stores, follows with 9.1%. Albertsons and its 1,075 stores closing out the top five with a 3.8% share. Kroger and Safeway also have mutual agreements to accept each others “club cards”.  (Source).

On a relevant sidebar, Safeway this week settled a lawsuit brought about by 9 Northern California counties and had to pay out $2.5 million because Safeway charged consumers more than the lowest advertised prices, misrepresented the weights of Safeway brand products and implied that some produce was “locally grown” when it had come from out of the country.

The complaint also alleged that Safeway failed to abide by a 2008 injunction requiring it to minimize price discrepancies by offering customers free items or $5 gift cards when pricing flaws occurred. In its statement, Safeway said it would “take additional steps to make our scan guarantee policy more visible to our customers and well-understood by our employees”. (Source)

Additionally, last weeks news that the Federal water agency that doles out water from the Sierras to 3300 water suppliers throughout California had this to say to all residents and commercial farmers of California: “We cannot give what we don’t have. It’ just not there.”

The Federal government is setting precedent by breaking a 54-year agreement with the state to provide water to all of California from mountain runoff. The critical problem, according to the head of the Federal Water Agency is, “It’s just not there”, meaning the snowpack from the Sierra’s that allows the Feds to allot the water to the state for the coming year ahead.

The state’s worst drought in decades has left its reservoirs half-naked, if not skeletal. Officials say 17 communities could run out of drinking water this summer; some are considering mandatory rationing; and 500,000 acres in the state may be left fallow. For the first time in its 54-year history, the California State Water Project—the world’s biggest plumbing network and the way millions of state residents get hundreds of billions of gallons of water—is essentially shutting down.

In 2012 the project moved 815 billion gallons of fresh water from Northern California’s rivers to 25 million people and a million acres of farmland in the arid central and southern parts of the state. Last year, the driest on record, the system delivered 490 billion gallons, down 40 percent. This year, the planned water distribution is zero. Two-thirds of California’s 38 million people and most of its $45 billion farm products depend on snowmelt from the Sierra Nevada and Rocky Mountain watersheds, imported via thousands of miles of pipelines, canals, and the Colorado River.

Although snowfall is up this winter in the Rockies, precipitation in both mountain watersheds has been going down over the last 14 years, raising scary questions for the nation’s most populous state.

So who is this Cerberus Capital Management with its impeccable timing to acquire critical food distribution sources just as food prices in the U.S. are about to soar due to America’s breadbasket being empty come mid-summertime?

Let’s take a deeper look at the how dots that connect.

Cerberus manages more than $20 billion in capital. Together, the companies it owns generate annual revenue of about $60 billion — more than either Amazon, Cisco, McDonalds or Coca-Cola. With just 200 of its own employees, Cerberus owns or has pieces of over 50 companies with more than 175,000 employees.

Mr. Dan Qualye, former VP of the United States and who served with former President George H. W. Bush Sr., joined Cerberus in 1999 and is chairman of the company’s Global Investments Division. Former Treasury Secretary, John Snow is also on the Cerberus payroll.

Behind the scenes at Cerberus is the secretive Co-Founder CEO, Stephen A. Feinberg. The low profile Feinberg moves in rarefied circles. Defense Secretary Donald H. Rumsfeld was an investor in 2001 in his fund, according to government ethics disclosures. Hedge-fund legend Michael Steinhardt is a shareholder and director in Cerberus’ lending arm, Ableco LLC. Michael Dell’s private-investment firm has joined with Cerberus and home-builder Lennar Corp. to develop upscale residential communities. His roster of investors also includes public pension funds such as TIAA-CREF and the largest pension fund in the country, California State Teachers’ Retirement System.

Stephen Feinberg, chief of Cerberus.

Yet Mr. Feinberg hasn’t been interviewed and he hasn’t been photographed. Feinberg has been described as “secretive” in the New York Times. In 2007, Feinberg told Cerberus shareholders, “If anyone at Cerberus has his picture in the paper and a picture of his apartment, we will do more than fire that person. We will kill him. The jail sentence will be worth it.”

Cerebus Capital Management owns Dyncorp, the private data collection agency for the alphabet spy agencies. (CIA, DHS, NSA, FBI, DEA, etc.). Cerberus bought Dynacorp for $1.5 billion in 2006. (Source)

DynCorp is one of the three preeminent private mercenary corporations in the world, and is the dominant entity for training security forces in the Middle East. Herbert “Pug” Winokur a lead investor and creator of DynCorp—he was CEO from 1987 to 1991—and previously chaired the finance committee at Enron, where he somehow escaped the scrutiny of federal prosecutors.

DynCorp is ubiquitous; it manages the congressional telephone system and does the computerized bookkeeping for a dozen federal agencies, including DOD and HUD, and as such has presided over the loss (or theft) of trillions of dollars. DynCorp has a contract to manage the police and court systems in the US-occupied Iraq. Arthur Anderson is the financial auditor of DynCorp, the same auditor which handled Enron’s books. The HUD Inspector General testified before Congress that HUD had lost $17 billion in 1998 and $59 billion in 1999.

In September, 2001 it was disclosed that the Pentagon could not account for $1.1 trillion for the fiscal year 2000. In a separate loss, it later became public that the DOD could not account for $2.3 trillion dollars, amounting to over 25% of its assets. The DOD budget is $480 billion a year, more than all the non-American military spending in the world combined, yet they managed to lose trillions.

The financial data processing for the US government accounting systems is performed by DynCorp and Lockheed-Martin. DynCorp was given a $322 million contract to develop, produce, test, and store FDA licensed vaccines for the DOD. DynCorp owns the former Blackwater renamed Xe, renamed Academi, the company that employs the majority of the tens of thousands of security contractors in Iraq. (Source)

Dynacorp has also been brought up in front of Congress, along with Dick Cheney’s old company, Haliburton, for their alleged roles in international sex slave rings. Continue reading

UN – “Education For All”; The Elite Mono-Minding Global Plans for All Children

UN’s “Education for All” and CORE International; The Elite’s Mono-Minding Plans for All Children

by Jamie Lee

March 5, 2014

Tabublog.com

A really efficient totalitarian state would be one in which the all-powerful executive of political bosses and their army of managers control a population of slaves who do not have to be coerced, because they love their servitude. To make them love it is the task assigned, in present-day totalitarian states, to ministries of propaganda, newspaper editors and schoolteachers”… Most men and women will grow up to love their servitude and will never dream of revolution…”  Aldus Huxley, Brave New World.

 The philosophy in the school room in one generation will become the philosophy of government in the next.  — Abraham Lincoln

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The two previous essays titled, “The Untold History of U.S. Modern Education; The Founding Fathers” and “Common Core; The Business Side of the Global Education Agenda covered how the United States education system was designed and funded by the wealthy elite Robber Barron’s of the early 20th century and continue to have ever greater influence in the way our children are being educated.

The implementation of the new global education agenda uses the Common Core curriculum in public schools to get students away from traditional classroom education instruction and instead learning will come primarily from computers for their educational needs throughout our public schools. Common Core is based around “the greatest change in education in decades”, according to President Obama.

coreed

This essay, Part III, covers the global education corporation known as CORE International where big business is funneling their products and services through.  Also discussed is the United Nations “Education for All” agenda.

CORE works glove in hand with the United Nations and not-so-coincidentally dovetails with the same folks who are aggressively implementing their Agenda 21, TPP and ALEC plans for stated global uniformity and compliance to a one world order. CORE has been the fastest growing company in India for the past three years with over 40% growth per annum.

CORE International is already operating in over 30 country’s throughout Europe and Asia as of the end of 2013, but not more so than in the United States and England.

CORE INTERNATIONAL; Headquarters: Punjab, India. From their Annual Financial Report Introduction:

 “CORE is a global end-to-end, best-of-breed education solutions provider that aims to transform the education spectrum encompassing Pre-K, K-12, Higher Education and Technical Career Education. CORE strives to improve the quality of human capital as well as the global learning ecosystem through innovation in order to produce better educational outcomes. CORE’s operations span multiple geographies globally, with its primary focus being the United States, the United Kingdom and India, and with additional operations in Asia Pacific, Africa, the Caribbean and the Middle East.”

“Core continued its strong growth momentum, in spite of global slowdown. During the financial year, the company’s revenue grew by an impressive 50.1% to `16,379 million ($16.3 billion), eBITDA by 60% to `6,258 million and PAT by 44% to`3,231 million.”

From CORE INTERNATIONAL’s website:

CORE is a global end-to-end, best-of-breed education solutions provider that aims to transform the education spectrum encompassing Pre-K, K-12, Higher Education and Technical Career Education. CORE strives to improve the quality of human capital as well as the global learning ecosystem through innovation in order to produce better educational outcomes. CORE’s operations span multiple geographies globally, with its primary focus being the United States, the United Kingdom and India, and with additional operations in Asia Pacific, Africa, the Caribbean and the Middle East.

Listed on the BSE & NSE with a market cap of about $700 million and rated The Fastest Growing IT Company in India, CORE Education and Technologies Ltd. is a CMMi Level5 & ISO 9001 certified organization, achieving substantial growth year after year:

  • Founded in 2003
  • Corporate Headquarters at Mumbai, India
  • International Headquarters at Atlanta, GA USA and London, UK
  • Global presence: Serving 12 States in India, 46 States in the US, 40 Institutions in UK, 8 African and 3 Caribbean Nations
  • Approximately 1200 employees worldwide
  • Exhaustive range of products and solutions spanning across all stages of education – K12, higher education and technical career training courses

CORE International was originally founded as an IT company but quickly transformed into the premier corporate vehicle for the likes of Google, Apple and the Bill and Melinda Gates Foundation to implement a technology based learning system.

CORE International wants to control every facet of education from what teachers are hired to the biometric monitoring of students and “psycho-metric” monitoring of teachers.  Testing will be graded off-site from schools as well as teacher evaluations based on how well they adopt the Common Core standards in their classrooms. Presumably, those teachers and administrators who do not adopt the CC standards would not be retained.

In nearly every business the greatest expense to the net bottom line is in human resources expense. By taking over the classroom through computer based education, teachers will become nothing more than glorified hall monitors of their students education, if big business and the global elite have their way.

Here are a few of CORE Internationals educational services they already have in place in school districts across the United States:

CORE Consulting & Staffing Group (CSG)

– Based in Rochester, New York. CORE CSG is a leading provider of consulting and staffing resource services to the education market. Our team of consultants also provides subject matter expertise for planning, installation, and process mapping to help school technology investments truly optimize efficiency, data capture, and ultimately improve the educational experience to the student. In addition should a school system or an Institution of higher learning desire short term and long term solution to their staffing or resource needs this division caters to that as well. Almost every department of education institutions can utilize CORE CSG staffing solutions. Our team of staffing professionals has a deep understanding of the education market as we support institutions ranging from K12 to Large Universities and Colleges. CORE CSG’s proprietary Substitute and Absence Management system provides a reliable and efficient solution to districts struggling with the logistics of maintaining the complexities of substitute screening, placement and tracking time at work.

Some of CORE’s current contracts:

  • UMass Selects CORE for IT Staff Augmentation

    CORE Consulting & Staffing was recently named as one of the winners of the (Massachusetts) UMass IT Staff Augmentation Contract. Staffing and recruitment services will be deployed from CORE’s NYC offices at 1 Penn Plaza, further expanding the footprint of CORE growing IT staffing business.

    This contract encompasses 5 campus locations:

    • UMass Amherst
    • UMass Boston
    • UMass Dartmouth
    • UMass Lowell
    • UMass Worcester

    The multi-year contract also includes the President’s Office and Central Administration Building where CORE will be supporting the University year round.

  •  CORE Consulting & Staffing has secured an exciting new opportunity as one of the staffing providers that the State of Ohio uses for all IT Staff Augmentation needsWe aid in staffing such positions as Programmer, Product Specialist, Service Desk, Database Administrator and many more!

    This is part of our strategic growth and expansion plan as we continue to move west from our Northeastern stronghold.”

  • CORE Consulting & Staffing recently won a bid with the Milwaukee Public School district to staff for their fall 2013 school year. This isn’t for just a few teachers here and there; they need to hire 100 Science, Math and Special Education teachers with our help! Through our proven vetting process, we are staffing the best national talent to support this large school district of 78,000 students. Expanding the CORE Consulting & Staffing footprint to the “Brew City” is a valuable addition to our services reach.”  Continue reading