title: The Franklin Cover-Up Date: 2026-09-06 draft: false Tags: – “Books” – digest

The shut-down of Omaha, Nebraska's Franklin Community Federal Credit Union, raided by federal agencies in November 1988, sent shock waves all the way to Washington, D.C. $40 million was missing. The credit union's manager: Republican Party activist Lawrence E. “Larry” King, Jr., behind whose rise to fame and riches stood powerful figures in Nebraska politics and business, and in the nation's capital.
In the face of opposition from local and state law enforcement, from the FBI, and from the powerful Omaha World-Herald newspaper, a special Franklin committee of the Nebraska Legislature launched its own probe. What looked like a financial swindle, soon exploded into a hideous tale of drugs, Iran-Contra money-laundering, a nationwide child abuse ring, and ritual murder.
Nineteen months later, the legislative committee's chief investigator died – suddenly, and violently, like more than a dozen other people linked to the Franklin case.
Author John DeCamp knows the Franklin scandal from the inside. In 1990, his “DeCamp memo” first publicly named the alleged high-ranking abusers. Today, he is attorney for two of the abuse victims.
Using documentation never before made public, DeCamp lays bare not only the crimes, but the cover-up – a textbook case of how dangerous the corruption of institutions of government, and the press, can be. In its sweep and in what it portends for the nation, the Franklin cover-up followed the ugly precedent of the Warren Commission.


The challenges to humanity posed by the digital future, the first detailed examination of the unprecedented form of power called “surveillance capitalism,” and the quest by powerful corporations to predict and control our behavior. The heady optimism of the Internet's early days has turned dark. Surveillance capitalism has deepened inequality, sown societal chaos, and undermined democracy. The fight for a human future has never been more urgent. Shoshana Zuboff argues that we still have the power to decide what kind of world we want to live in: Will we allow surveillance capitalism to wrap us in its iron cage as it enriches the few and subjugates the many? Or will we demand the rights and laws that place this rogue power under the democratic rule of law? Only democracy can ensure that the vast new capabilities of the digital era are harnessed to the advancement of humanity. The Age of Surveillance Capitalism is a deeply original, exquisitely reasoned, and spell binding examination of our emerging information civilization and the life and death choices we face.

