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Title: Good Evening, Mr. Bond
Source: [None]
URL Source: [None]
Published: Jun 10, 2015
Author: Jim Rickards
Post Date: 2015-06-10 17:09:32 by BTP Holdings
Keywords: None
Views: 93
Comments: 5

One of the most intriguing players in the Watergate scandals that mesmerized the U.S. from 1972-74 was nicknamed “Deep Throat” after the title of a popular adult film of the time.

Deep Throat was an anonymous source who provided important clues to Bob Woodward and Carl Bernstein, reporters for The Washington Post that helped them unravel the web of burglary, dirty tricks, payoffs, perjury and coverups emanating from the Nixon White House.

These illegal activities all fell under the heading of “Watergate,” a political scandal that led finally to the resignation of Richard Nixon as president.

The identity of Deep Throat was one of the best-kept secrets of the 20th century. It was only in 2005, over 30 years after the Watergate scandal broke, that Deep Throat was revealed to be W. Mark Felt, the deputy director of the FBI at the time.

Reporters are not the only ones who need to shield the identities of valued sources.

Given the sensitivity of Felt’s position, and the journalistic ethic that requires protection of sources, it is perhaps not surprising that Deep Throat’s identity was so well hidden for so long.

But reporters are not the only ones who need to shield the identities of valued sources. Sensitive issues arise all the time in economic policy and geopolitics. Principals may be willing to share information with trusted associates, but only if their names are not revealed.

This kind of cooperation preserves access to information in the future and provides a valuable service to readers if the information can be shared.

This point was brought home in a recent article in The New York Times in which Arvind Subramanian, chief economic adviser to the government of India, while referring to U.S. economic weakness said, “People can’t be too public about these things.”

With that in mind, read on for my notes after a private dinner I had in my hometown of Darien, Connecticut. I was able to speak with best sources on the inner workings of the U.S. Treasury bond market. You won’t want to ignore his warning...

All the best,

Jim Rickards

for The Daily Reckoning

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#1. To: BTP Holdings (#0)

Read on, where?

“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken

Lod  posted on  2015-06-10   18:31:10 ET  Reply   Trace   Private Reply  


#2. To: Lod (#1) (Edited)

You don't have your decoder ring and x-ray eyeglasses, do you? Spy essentials:

 photo 001g.gif
“With the exception of Whites, the rule among the peoples of the world, whether residing in their homelands or settled in Western democracies, is ethnocentrism and moral particularism: they stick together and good means what is good for their ethnic group."
-Alex Kurtagic

X-15  posted on  2015-06-10   18:44:09 ET  (1 image) Reply   Trace   Private Reply  


#3. To: X-15 (#2)

lol - thanks.

“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken

Lod  posted on  2015-06-10   19:16:49 ET  Reply   Trace   Private Reply  


#4. To: Lod (#1)

Read on, where?

LOL

I wish we had a thumbs up button here.

Fear makes the masses predictable.

Buzzard  posted on  2015-06-10   19:25:05 ET  Reply   Trace   Private Reply  


#5. To: Buzzard, BTP, 4 (#4)

Ya gotta watch BTP on these things.

“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken

Lod  posted on  2015-06-10   19:37:48 ET  Reply   Trace   Private Reply  


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