Goldman Sachs employee Greg Smith's very public resignation, replete with a pointed letter published in the New York Times yesterday, has landed upon the investment bank like a bomb. Slamming a "toxic and destructive environment" within Goldman Sachs, Smith says the firm's internal culture has devolved to the point where the entire staff not only tolerates, but expects workers at all levels, from senior partners to associates, to pursue nothing but ever-more sophisticated means of "ripping their clients off."

Apologists for the financial sector - including the editors of the major business newspapers and television networks - predictably have shot back with a flurry columns and reports, mostly designed to discredit the former vice president by making fun of Smith and his concerns. If you strip away the ad hominem layers to these responses though, the core problems raised by Smith remain, and the reaction of the business press seems all the more absurd, for Goldman's pesky turncoat isn't saying anything that's news to the public: Goldman Sachs is characterized by a toxic culture of greed? Stop the presses!

There is much more to be said about Goldman Sachs' derivatives operation, however, and Smith's provocative resignation provides an opportunity because he was working in the belly of it.

At the center of Smith's critique are derivatives, the arcane financial instruments that transformed the world's splintered national economies and regional banking systems into a single, if complicated, global system. Evangelists of derivatives claim they have made new heights of economic growth, trade, and prosperity possible. Critics have pointed out since the beginning of the derivatives boom in the 1980s how perfectly suited they are to fraud and systemic catastrophe via the greed of the few and the powerful.

I remember being a young Marine recruit at Parris Island, August of 1966, running, running, boots thumping on the grinder, exulting in the sense of power and communion that comes of men acting in unison, shouting, "Luke the Gook comes marching by, stick your bayonet in his eye, lef rye lef rye lef...." Only an idiot goes to PI - Third Batallion, Disneyland, in my case - in August. I was one. It goes with being nineteen.

Under a leaden sun that beat down like a soft rubber truncheon, we unlearned civilization. How to clap a hand over a sentry's mouth while inserting your Kbar in his kidney; agony, shock and instant blood loss prevent a struggle. We ran in formation shouting Kill! Kill! Kill! We learned that it is better to shoot an enemy in the bowels than the head because trying to keep him alive would strain the enemy's medical resources, and the man would probalby die anyway. Peritonitis is your friend, we learned. The other guy's peritonitis.

Months later at Lejeune we slogged day after day, on three and a half hours sleep, through the greasy clay mud of a North Carolina autumn, from range to range. We learned flame throwers, which if you haven't you don't know what hell is, and how to burn the enemy alive. Again, that sense of power. We learned to use white phosphorus, WP, Willy Peter or other names less printable, to cover enemies in burning goop that you can't put out. We learned to be what human beings shouldn't be. We felt an exhilarating freedom, of not being subject to moral constraints. We learned to suppress conscience, morality, and empathy. This, more than the use of weapons, is the goal of military training.

International law permits justifiable self-defense. Targeted killings are prohibited, especially premeditated ones like America and Israel repeatedly commit for reasons other than claimed.

These incidents constitute cold-blooded murder. US drone killings and rampaging death squads, as well as Israel's deplorable history and latest ritual slaughter highlight the issue. International law prohibits anticipatory self-defense. It amounts to using force to deter it.

Under the UN Charter's Article 2(4):

"All Members shall refrain in their international relations from the threat or use of force against the territorial integrity or political independence of any state, or in any other manner inconsistent with the Purposes of the United Nations."

Only two exceptions apply. Article 51 permits "individual or collective self-defence if an armed attack occurs against a Member of the United Nations, until the Security Council has taken measures necessary to maintain international peace and security."

In addition, a nation may anticipate self-defense in situations where verifiable, compelling evidence shows imminent or already initiated armed attacks.

Gruesome new details are surfacing after 16 Afghan villagers including nine children were shot in their houses by at least one US serviceman. Witnesses to the atrocity now say that several drunken American soldiers were involved.

­Neighbors at the village where the killings took place said they were awoken past midnight by crackling gunfire:

"They were all drunk and shooting all over the place," Reuters cites Agha Lala, a villager in Kandahar's Panjwayi district.

Lala's neighbor Haji Samad lost all of his 11 relatives in the rampage, including children and grandchildren. He claims Marines "poured chemicals over their dead bodies and burned them."

Twenty-year-old Jan Agha says the gunfire "shook him out of bed." He was in the epicenter of the horrible shooting, witnessing his father shot as the latter peered out of a window to see what was going on.

Abby and Robbie Martin grew up in Pleasanton, CA, a city located ten miles from the Lawrence Livermore National Laboratory (LLNL), a secret nuclear weapons production facility. They initially set out to explore the psychological impacts of taking nuclear testing into virtual space. But as their investigation unfolded, they found that the LLNL - in conjunction with Site 300 - has built an impressive greenwashing PR campaign cloaking a sinister reality.

Despite a moratorium on nuclear testing, the nuclear arms race continues unabated at very high costs. In addition to the startling cases of LLNL's mismanagement of dangerous materials and 'accidental' releases, the facilities are still testing every radioactive component of a nuclear bomb in open air, according to sources.

Malignant melanoma (skin cancer) rates are six times higher among children born in Livermore; melanoma has been linked to radiation exposure. And the amount of radiation which has been expelled from the lab since its inception is equivalent to that released from the bombing of Hiroshima. Most disturbingly, the Livermore community is largely unaware of what the lab is actually doing and what its potential impacts are on its health and the environment.

Poll announcement comes as former UN chief Kofi Annan presses for a response over ceasefire and aid proposals

The Syrian president, Bashar al-Assad, whose armed forces are engaged in a bloody crackdown on opponents of his rule, has called parliamentary elections for May.

The 7 May elections were announced under a new constitution passed last month. HAssad's opponents say the constitution is illegitimate while he still clings to power.

The announcement of elections, on a government website, came as the former UN chief Kofi Annan, who held talks with Assad at the weekend, said he was waiting for Syria's reply on "concrete proposals" for an immediate cessations to hostilities and allowing humanitarian aid into conflict zones.

"I am expecting to hear from the Syrian authorities today, since I left some concrete proposals for them to consider," Annan said. "Once I receive their answer we will know how to react."

Afghanistan's President Hamid Karzai called for NATO troops to leave Afghan villages and confine themselves to major bases after the slaughter of 16 civilians by a U.S. soldier, underscoring fury over the massacre and clouding U.S. exit plans.

In a near-simultaneous announcement, the Afghan Taliban said it was suspending nascent peace talks with the United States seen as a strong chance to end the country's decade-long conflict, blaming "shaky, erratic and vague" U.S. statements.

Karzai, in a statement after meeting U.S. Defense Secretary Leon Panetta in Kabul, said as a consequence of the weekend massacre, "international security forces have to be taken out of Afghan village outposts and return to (larger) bases".

The soldier accused of carrying out the shooting was attached to a small special forces compound similar to others around the country which underpin NATO's anti-insurgent strategy ahead of a 2014 deadline for Western combat forces to pull out.

The incident has harmed relations between Afghanistan and the United States and "all efforts have to be done to avoid such incident in the future", Karzai said, warning it also had hurt the trust Afghans had in foreign forces.

Baroness Jenny Tonge has resigned the Lib Dem whip in the House of Lords after refusing to apologise for claiming that Israel would not "last forever".

The Liberal Democrat peer, who once said she would consider becoming a suicide bomber if she were Palestinian, was roundly criticised for the remarks. According to reports on the Guido Fawkes blog she quit as a Liberal Democrat peer after refusing an ultimatum from Nick Clegg to apologise or resign.

Speaking at an event at Middlesex University last Thursday, Baroness Tonge said Israel would one day lose the support of the United States and would then "reap what they have sown".

"Beware Israel," she said. "Israel is not going to be there forever in its present performance. One day the United States of America will get sick of giving £70 billion a year to Israel."

The event was recorded and the video of her comments emerged this week:

The federal investigation of former U.S. Sen. Ted Stevens was "permeated by the systematic concealment" of evidence that would have aided the Alaska politician's defense at trial and would have "seriously damaged the testimony and credibility of the government's key witness," a special prosecutor concluded.

The 514-page report was a response to an investigation ordered by U.S. District Judge Emmet G. Sullivan, who threw out Stevens' April 2009 guilty verdict in a financial disclosure case after the Justice Department revealed that prosecutors kept key information from defense attorneys.

Three years later, "special prosecutor" Henry L. Schuelke made the report public over objections from the prosecutors involved in the case.

Prosecutors are generally required to turn over helpful evidence to defense lawyers.

Stevens, an Alaska Republican who died in a small-plane crash in 2010, lost his reelection bid shortly after being convicted of seven counts of making false statements on financial disclosure statements to hide about $250,000 in gifts and free renovations to his Alaska house.

The results of Schuelke's investigation were made public in a November order by Sullivan. In the report made public this morning, Schuelke wrote that his team examined and analyzed "well over 128,000 pages of documents, including the trial record, prosecutors' and agents' emails, FBI 302s and handwritten notes, and depositions of prosecutors, agents and others involved in the investigation and trial."

In the end, however, Schuelke recommended against charging the federal prosecutors - Brenda Morris, William Welch, Edward Sullivan, Joseph Bottini and James Goeke, as well as Nicholas Marsh, who committed suicide last year - with a crime. He wrote that prosecuting the Justice Department lawyers would be difficult because Sullivan never issued a "clear, specific and unequivocal order" to disclose evidence that would have helped the defense.