Monthly Archives: September 2008

Liberty! Equality! Fraternity!

Posted on by
1

Rick Davis & Freddie Mac: it’s Keating 5 all over again,
except this time there aren’t five to blame, just John McCain.

John McCain’s taking a nap. Let’s hope he never wakes up. Now that McCain and Palin have chickened out of the debates, they should just concede the election. The voters have seen what liars and frauds they are, the only way they could win now would be to buy off Diebold, and I don’t think America is going to put up with that again.

Bush’s speech last night was one of the most pathetic things I’ve ever witnessed. Him recounting the sequence of failures, like a schoolkid trying to prove he had been paying attention in class, but showing not a bit more insight as to why they failed, than if he had just been scanning the newspaper headlines for the last few weeks. All that kept going through my mind was how many times he has insisted there was nothing to worry about, “the fundamentals of our economy are strong.” This country is going to need a Truth and Reconcilliation commission, so we can round up and prosecute all these crooks, along with everyone who helped them get away with it.

Treasury Secretary Paulson blames future administrations for current financial crisis.

Democrats and Republicans reach deal, they will sell your children and grandchildren into slavery, in order to keep Wall St. in the luxury to which it has become accustomed.

John Edwards may have spent $400 on a haircut, but John McCain spent $5,500 on makeup!

McCain wanted Condi Rice, not Sarah Palin, as his VP running mate, but thought her being a lesbian would kill the ticket.

Sarah Palin’s lover revealed. And it ain’t Todd, it’s his best friend! Way to go, Ms. “Family Values!”

Excerpts from Thomas McCullock’s Sept 25 notes, thomasmc.com.

The Wall Street crisis was an inside job

Posted on by
5

911 was an outside jobWHO’S LIKENING THE WALL STREET CRISIS TO 9/11?! One was perpetrated by insiders, with the collusion of the US government, to exploit citizen’s fears, and restructure our representational Democracy into an authoritarian oligarchy. Which act of state terror against the American people does this describe?

And OH MY GOODNESS, would it be anti-Zionist to notice the same cast of characters? Religion has nothing to do with it, at least I’m not about to suggest greed and avarice are inherent to one spiritual belief. We’re expected to ignore that high finance shares a common, unfairly maligned thus protected preemptively against defamation, tribal membership.

There’s an alternative solution to the emergency on Wall Street which I’ve heard floating around. Considering we’re being advised to put out the fire by enlisting the employment of a high priced bucket brigade consisting entirely of the arsonists themselves.

I favor rounding up the guilty parties, those whose pockets are bulging with the profits made from the missing leverage, and have them bail out their precious system. Their collected wealth should amount to a pretty penny.

(Not even close? Who has any idea what a billion or a trillion dollars looks like? Except maybe those who absconded with the $13B missing in Iraq. In any case, late night talk show hosts should quit joking that Barack Obama could raise the needed trillions in a month’s worth of fundraisers.)

Where was I, line them up, empty their pockets and shoot them? Naw. ASK the bankers to ante up. If they don’t want to keep their game afloat, why should we?

No really. Was this an attack on our economic system, on par with the 9/11 strike against US secular trade exploitation of the Third World? Then by their own definition it’s terrorism. These ruthless bankers are terrorists. Lock them away with their lawyers and accountants and lobbyists. Anyone who gives material support to terrorists is guilty, by their own rules.

Donkey fed carrot from Bush

Posted on by
1

donkey-carrotThe Democrats are just so damn predictable it makes one wanna throw up. After bleating out their protests against the trillion dollar tax-paid giveaway to loan sharks in trouble, they then meekly take a carrot, bray, and go about doing the dirty work their Republican masters have set out for them in the field. Obama says Congress appears “close” to bailout deal. What a joke and what a joker! What a donkey.

No blank-check bailout for Wall Street

Posted on by
Reply

COLORADO SPRINGS, CO – Organizations in Southern Colorado will participate in a National Day of Action in opposition to the no-strings attached, $700 billion corporate bailout plan advanced by President Bush and Treasury Secretary Paulson. A press conference will take place 2PM on Thursday, Sept. 25 in front of the Department of Human Services Sand Creek Office at 1635 South Murray Blvd., Colorado Springs.

From the LOCAL PRESS RELEASE:

“We believe the bailout is wrong headed – it’s low-wage working families struggling to make ends meet, who will most suffer the consequences of this kind of bad economic policy,” said Dennis Apuan, community leader and Democratic candidate for Statehouse, District 17. “We must press on our elected officials to ensure that families do not have to make impossible choices between feeding their children, heating their homes and filling their prescriptions. We need leaders who know how to respond to the growing need in our communities – lost jobs, threatened homes, and surging food and energy prices,” Apuan added.

The National Day of Action will feature more than 75 press conferences, demonstrations and other public events throughout the United States. Some of the events are being held by local and national organizations; others will be citizen-organized, involving taxpayers angered by the proposed corporate bailout, as introduced in Congress. The local event will include a voter registration drive and sign-up opportunities to volunteer in community civic engagement.

“With so many of the citizens and residents of House District 17 suffering from the downturn in the economy, it is important that they have a voice in these ill-advised corporate bailouts,” said Rosemary Harris, President of the Colorado Springs Branch NAACP. “This is a diverse community, with people from all racial, social and economic backgrounds. Our lives matter. Our voices matter. And our vote is our true voice. Registering voters who will determine the future policies and future leaders of this House District, this state, and this country is perhaps the best way to respond to the actions of those in Washington,” Harris added.

Among the leaders of the national organizing effort are TrueMajority.org, US Action Education Fund, ACORN, Campaign For America’s Future, Coalition on Human Needs, Military Spouses For Change, National Priorities Project and many others.

From the INDYPENDENT’s Arun Gupta, the ORIGINAL EMAIL CALL-OUT:

NO BAILOUT FOR WALL STREET
Protest on Wall Street this Thursday at 4pm!
Call to Self-Organize

This week the White House is going to try to push through the biggest robbery in world history with nary a stitch of debate to bail out the Wall Street bastards who created this economic apocalypse in the first place.

This is the financial equivalent of September 11. They think, just like with the Patriot Act, they can use the shock to force through the “therapy,” and we’ll just roll over!

Think about it: They said providing healthcare for 9 million children, perhaps costing $6 billion a year, was too expensive, but there’s evidently no sum of money large enough that will sate the Wall Street pigs. If this passes, forget about any money for environmental protection, to counter global warming, for education, for national healthcare, to rebuild our decaying infrastructure, for alternative energy.

This is a historic moment. We need to act now while we can influence the debate. Let’s demonstrate this Thursday at 4pm in Wall Street (see below).

We know the congressional Democrats will peep meekly before caving in like they have on everything else, from FISA to the Iraq War.

With Bear Stearns, Fannie and Freddie, AIG, the money markets and now this omnibus bailout, well in excess of $1 trillion will be distributed from the poor, workers and middle class to the scum floating on top.

This whole mess gives lie to the free market. The Feds are propping up stock prices, directing buyouts, subsidizing crooks and swindlers who already made a killing off the mortgage bubble.

Worst of all, even before any details have been hashed out, The New York Times admits that “Wall Street began looking for ways to profit from it,” and its chief financial correspondent writes that the Bush administration wants “Congress to give them a blank check to do whatever they want, whatever the cost, with no one able to watch them closely.”

It’s socialism for the rich and dog-eat-dog capitalism for the rest of us.

Let’s take it to the heart of the financial district! Gather at 4pm, this Thursday, Sept. 25 in the plaza at the southern end of Bowling Green Park, which is the small triangular park that has the Wall Street bull at the northern tip.

By having it later in the day we can show these thieves, as they leave work, we’re not their suckers. Plus, anyone who can’t get off work can still join us downtown as soon as they are able.

There is no agenda, no leaders, no organizing group, nothing to endorse other than we’re not going to pay! Let the bondholders pay, let the banks pay, let those who brought the “toxic” mortgage-backed securities pay!

On this list are many key organizers and activists. We have a huge amount of connections – we all know many other organizations, activists and community groups. We know P.R. folk who can quickly write up and distribute press releases, those who can contact legal observers, media activists who can spread the word, the videographers who can film the event, etc.

Do whatever you can – make and distribute your own flyers, contact all your groups and friends. This crime is without precedence and we can’t be silent! What’s the point of waiting for someone else to organize a protest two months from now, long after the crime has been perpetrated?

We have everything we need to create a large, peaceful, loud demonstration. Millions of others must feel the same way; they just don’t know what to do. Let’s take the lead and make this the start!

AGAIN:
When: 4pm – ? Thursday, September 25.
Where: Southern end of Bowling Green Park, in the plaza area
What to bring: Banners, noisemakers, signs, leaflets, etc.
Why: To say we won’t pay for the Wall Street bailout
Who: Everyone!

PETITION LETTER from 200 ECONOMISTS:

To the Speaker of the House of Representatives and the President pro tempore of the Senate:

As economists, we want to express to Congress our great concern for the plan proposed by Treasury Secretary Paulson to deal with the financial crisis. We are well aware of the difficulty of the current financial situation and we agree with the need for bold action to ensure that the financial system continues to function. We see three fatal pitfalls in the currently proposed plan:

1) Its fairness. The plan is a subsidy to investors at taxpayers’ expense. Investors who took risks to earn profits must also bear the losses. Not every business failure carries systemic risk. The government can ensure a well-functioning financial industry, able to make new loans to creditworthy borrowers, without bailing out particular investors and institutions whose choices proved unwise.

2) Its ambiguity. Neither the mission of the new agency nor its oversight are clear. If taxpayers are to buy illiquid and opaque assets from troubled sellers, the terms, occasions, and methods of such purchases must be crystal clear ahead of time and carefully monitored afterwards.

3) Its long-term effects. If the plan is enacted, its effects will be with us for a generation. For all their recent troubles, America’s dynamic and innovative private capital markets have brought the nation unparalleled prosperity. Fundamentally weakening those markets in order to calm short-run disruptions is desperately short-sighted.

For these reasons we ask Congress not to rush, to hold appropriate hearings, and to carefully consider the right course of action, and to wisely determine the future of the financial industry and the U.S. economy for years to come.

Signed (updated at 9/25/2008 8:30AM CT)

Acemoglu Daron (Massachussets Institute of Technology)
Adler Michael (Columbia University)
Admati Anat R. (Stanford University)
Alexis Marcus (Northwestern University)
Alvarez Fernando (University of Chicago)
Andersen Torben (Northwestern University)
Baliga Sandeep (Northwestern University)
Banerjee Abhijit V. (Massachussets Institute of Technology)
Barankay Iwan (University of Pennsylvania)
Barry Brian (University of Chicago)
Bartkus James R. (Xavier University of Louisiana)
Becker Charles M. (Duke University)
Becker Robert A. (Indiana University)
Beim David (Columbia University)
Berk Jonathan (Stanford University)
Bisin Alberto (New York University)
Bittlingmayer George (University of Kansas)
Boldrin Michele (Washington University)
Brooks Taggert J. (University of Wisconsin)
Brynjolfsson Erik (Massachusetts Institute of Technology)
Buera Francisco J. (UCLA)
Camp Mary Elizabeth (Indiana University)
Carmel Jonathan (University of Michigan)
Carroll Christopher (Johns Hopkins University)
Cassar Gavin (University of Pennsylvania)
Chaney Thomas (University of Chicago)
Chari Varadarajan V. (University of Minnesota)
Chauvin Keith W. (University of Kansas)
Chintagunta Pradeep K. (University of Chicago)
Christiano Lawrence J. (Northwestern University)
Cochrane John (University of Chicago)
Coleman John (Duke University)
Constantinides George M. (University of Chicago)
Crain Robert (UC Berkeley)
Culp Christopher (University of Chicago)
Da Zhi (University of Notre Dame)
Davis Morris (University of Wisconsin)
De Marzo Peter (Stanford University)
Dubé Jean-Pierre H. (University of Chicago)
Edlin Aaron (UC Berkeley)
Eichenbaum Martin (Northwestern University)
Ely Jeffrey (Northwestern University)
Eraslan Hülya K. K.(Johns Hopkins University)
Faulhaber Gerald (University of Pennsylvania)
Feldmann Sven (University of Melbourne)
Fernandez-Villaverde Jesus (University of Pennsylvania)
Fohlin Caroline (Johns Hopkins University)
Fox Jeremy T. (University of Chicago)
Frank Murray Z.(University of Minnesota)
Frenzen Jonathan (University of Chicago)
Fuchs William (University of Chicago)
Fudenberg Drew (Harvard University)
Gabaix Xavier (New York University)
Gao Paul (Notre Dame University)
Garicano Luis (University of Chicago)
Gerakos Joseph J. (University of Chicago)
Gibbs Michael (University of Chicago)
Glomm Gerhard (Indiana University)
Goettler Ron (University of Chicago)
Goldin Claudia (Harvard University)
Gordon Robert J. (Northwestern University)
Greenstone Michael (Massachusetts Institute of Technology)
Guadalupe Maria (Columbia University)
Guerrieri Veronica (University of Chicago)
Hagerty Kathleen (Northwestern University)
Hamada Robert S. (University of Chicago)
Hansen Lars (University of Chicago)
Harris Milton (University of Chicago)
Hart Oliver (Harvard University)
Hazlett Thomas W. (George Mason University)
Heaton John (University of Chicago)
Heckman James (University of Chicago – Nobel Laureate)
Henderson David R. (Hoover Institution)
Henisz, Witold (University of Pennsylvania)
Hertzberg Andrew (Columbia University)
Hite Gailen (Columbia University)
Hitsch Günter J. (University of Chicago)
Hodrick Robert J. (Columbia University)
Hopenhayn Hugo (UCLA)
Hurst Erik (University of Chicago)
Imrohoroglu Ayse (University of Southern California)
Isakson Hans (University of Northern Iowa)
Israel Ronen (London Business School)
Jaffee Dwight M. (UC Berkeley)
Jagannathan Ravi (Northwestern University)
Jenter Dirk (Stanford University)
Jones Charles M. (Columbia Business School)
Kaboski Joseph P. (Ohio State University)
Kahn Matthew (UCLA)
Kaplan Ethan (Stockholm University)
Karolyi, Andrew (Ohio State University)
Kashyap Anil (University of Chicago)
Keim Donald B (University of Pennsylvania)
Ketkar Suhas L (Vanderbilt University)
Kiesling Lynne (Northwestern University)
Klenow Pete (Stanford University)
Koch Paul (University of Kansas)
Kocherlakota Narayana (University of Minnesota)
Koijen Ralph S.J. (University of Chicago)
Kondo Jiro (Northwestern University)
Korteweg Arthur (Stanford University)
Kortum Samuel (University of Chicago)
Krueger Dirk (University of Pennsylvania)
Ledesma Patricia (Northwestern University)
Lee Lung-fei (Ohio State University)
Leeper Eric M. (Indiana University)
Leuz Christian (University of Chicago)
Levine David I.(UC Berkeley)
Levine David K.(Washington University)
Levy David M. (George Mason University)
Linnainmaa Juhani (University of Chicago)
Lott John R. Jr. (University of Maryland)
Lucas Robert (University of Chicago – Nobel Laureate)
Luttmer Erzo G.J. (University of Minnesota)
Manski Charles F. (Northwestern University)
Martin Ian (Stanford University)
Mayer Christopher (Columbia University)
Mazzeo Michael (Northwestern University)
McDonald Robert (Northwestern University)
Meadow Scott F. (University of Chicago)
Mehra Rajnish (UC Santa Barbara)
Mian Atif (University of Chicago)
Middlebrook Art (University of Chicago)
Miguel Edward (UC Berkeley)
Miravete Eugenio J. (University of Texas at Austin)
Miron Jeffrey (Harvard University)
Moretti Enrico (UC Berkeley)
Moriguchi Chiaki (Northwestern University)
Moro Andrea (Vanderbilt University)
Morse Adair (University of Chicago)
Mortensen Dale T. (Northwestern University)
Mortimer Julie Holland (Harvard University)
Muralidharan Karthik (UC San Diego)
Nanda Dhananjay (University of Miami)
Nevo Aviv (Northwestern University)
Ohanian Lee (UCLA)
Pagliari Joseph (University of Chicago)
Papanikolaou Dimitris (Northwestern University)
Parker Jonathan (Northwestern University)
Paul Evans (Ohio State University)
Pejovich Svetozar (Steve) (Texas A&M University)
Peltzman Sam (University of Chicago)
Perri Fabrizio (University of Minnesota)
Phelan Christopher (University of Minnesota)
Piazzesi Monika (Stanford University)
Piskorski Tomasz (Columbia University)
Rampini Adriano (Duke University)
Reagan Patricia (Ohio State University)
Reich Michael (UC Berkeley)
Reuben Ernesto (Northwestern University)
Roberts Michael (University of Pennsylvania)
Robinson David (Duke University)
Rogers Michele (Northwestern University)
Rotella Elyce (Indiana University)
Ruud Paul (Vassar College)
Safford Sean (University of Chicago)
Sandbu Martin E. (University of Pennsylvania)
Sapienza Paola (Northwestern University)
Savor Pavel (University of Pennsylvania)
Scharfstein David (Harvard University)
Seim Katja (University of Pennsylvania)
Seru Amit (University of Chicago)
Shang-Jin Wei (Columbia University)
Shimer Robert (University of Chicago)
Shore Stephen H. (Johns Hopkins University)
Siegel Ron (Northwestern University)
Smith David C. (University of Virginia)
Smith Vernon L.(Chapman University- Nobel Laureate)
Sorensen Morten (Columbia University)
Spiegel Matthew (Yale University)
Stevenson Betsey (University of Pennsylvania)
Stokey Nancy (University of Chicago)
Strahan Philip (Boston College)
Strebulaev Ilya (Stanford University)
Sufi Amir (University of Chicago)
Tabarrok Alex (George Mason University)
Taylor Alan M. (UC Davis)
Thompson Tim (Northwestern University)
Tschoegl Adrian E. (University of Pennsylvania)
Uhlig Harald (University of Chicago)
Ulrich, Maxim (Columbia University)
Van Buskirk Andrew (University of Chicago)
Veronesi Pietro (University of Chicago)
Vissing-Jorgensen Annette (Northwestern University)
Wacziarg Romain (UCLA)
Weill Pierre-Olivier (UCLA)
Williamson Samuel H. (Miami University)
Witte Mark (Northwestern University)
Wolfers Justin (University of Pennsylvania)
Woutersen Tiemen (Johns Hopkins University)
Zingales Luigi (University of Chicago)
Zitzewitz Eric (Dartmouth College)

Sarah Palin Church Lady for President!

Posted on by
Reply

drill-here-drill-nowI may be too impressionable, but I’ve warmed up to Sarah Palin. For President! The American two-party delusion needs a coup-de-grace, and doesn’t Palin have just authenticity enough to pull the trigger? Assail this logic if you can.

The Democratic Party is already out of the picture. Since reclaiming Congress in 2006 the Dems have shown Americans what they can do. Nothing. Name the issue, whatever their constituents want, the Democrats won’t deliver it. They can’t even commandeer a lead in the polls against the most despised political machine in recent memory. They’ve got a charismatic candidate who can run pirouettes around his opponent, a corrupt, desperate, lying geriatric. But the Dems can’t sway the corporate media from allegiance to the GOP.

How many rotten eggs do you need hatched? The Democrats are already rolling over for 2008 election irregularities. They will give in to Wall Street’s trillion-plus dollar extortion. And they won’t end the war, or stop torture, or defend the Constitution, or impeach genocidal bastards, regardless the public’s outrage. The Democratic Party is a dead lost cause. Dead.

The Republican Party is still kicking -the shit out of us- and they’ve no doubt got plenty left in them. We learned in just the space of a week that the GOP financiers must get their money or they’ll break the economy’s kneecaps. What kind of odds do you want the goons won’t be back for more?

We used to imagine that asset-stripping capitalists knew enough not to kill the golden goose, but maybe we underestimate the standard of living (ours) left to strangle from her.

Republican journeymen such as McCain, Lieberman, Graham, and cronies Paulson et Cheney, won’t stop at extracting your gold fillings. But novitiate Sarah Palin just may have a less developed depth of greed.

I’ve made this mistake before, when I imagined George W. Bush too simple to know that absolute power was his to corrupt. But don’t you have the sense Sarah Palin is the real deal? There’s no Prescott Bush in her bloodline. Palin will loot only as much as she can stash in a Winnebago. Then she’ll apply herself to her spiritual calling. She’s no Tammy Faye. To my mind, Palin’s religiosity is sufficiently extreme to appear genuine.

There may of course remain Halliburton machinations behind Palin’s flirty church lady. But the oligarchs’ growing mendacity, combined with Sarah Palin’s small-minded zealotry, could bring Fascist America beyond the pale. I think the GOP legacy could finally close the book on our nation’s Democracy fable. If we survive it, the Republicans will be gone for good.

I’m with Jacques‘ election 2008 slogan:

GOP IN 2008, GONE FOREVER IN 2012, WORTH THE RISK.

Who’s a Constitution Voter?

Posted on by
5

marie-constitution-voterVisit the ACLU website to add your mugshot to the I’m a Constitution Voter drive. You’ll be standing up for civil liberties and the Police State can Photoshop your inevitable booking info unto the card you’re already holding. Perhaps “Constitution Voter” will constitute the charge against you.

eric-constitution-voterMe tu, Brute.

The Demon of Iran talks to Larry King

Posted on by
Reply

ahmadAfter all the US government propaganda about The Demon of Iran, Mahmoud Ahmadinejad, it appears that this gentleman is much less a clutz and monster than all those lined up against the guy. That was the case in both his United Nations speech and on his appearance on the Larry King show shown in 6 parts on youtube.com- See for yourself.

While I have no delusions about the hidden side of Ahmadinejad, I have no delusions what-so-ever either about the motives of the Israeli and the US governments who only want war in the Middle East so that they can totally dominate all other peoples there. And also look at the pathetic examples of how all the American politicians and government political figures act as they shrill constantly demanding blood and war? They care nothing for the common people of any country whether it be the US, Israel, or Iran. Their blood thirst is the hideous face that our country presents to the rest of the world, and Ahmadinejad is next to nothing compared to that. A minor demon at best.

Hand over the treasure, or we’ll burn the ship down! Arrrrrr!

Posted on by
Reply

First Wall St. demanded a $1T bailout, so taxpayers relaxed a bit when Paulson said it was only $700B (!) Now it looks like they’re upping the extortion to $5T. Since less than 100 million Americans actually pay Federal Income Tax, that makes your share $50,000. Just make your check out to Robber Barrons, Inc.

Hand over the treasure, or we’ll burn the ship down! Arrrrrr!

Break out the torches and pitchforks, even the Senate Republicans have turned on the Frankenstein Administration.

Newt Gingrich warns McCain not to vote for Wall St. bailout. “I don’t know how he can vote for this and with a straight face go around and say that he’s for real change and he’s the reform candidate.” Probably with the same straight face he lies with in every campaign statement and ad, “my friends,” with that creepy smile that looks like his dentures are about to fall out.

McCain suspending campaign to deal with the New Great Depression he created. Of course, by “suspending,” he means that he will make the financial crisis his own private campaign issue, and will attack Obama for “putting his campaign ahead of issues” if he even so much as talks about the bailout.

George W. Bush’s unbelievably hypocritical speech at the UN. [video]

Bill Clinton on The Daily Show.

We Are the Enemy. US Gov’t to station troops inside the US to control dissent. Hey, it worked for Hitler.

John LaBruzzo (Eugenics Party-LA) wants to sterilize the poor, and pay the rich to procreate. And people thought we were crazy when we compared them to Hitler.

Excerpts from Thomas McCullock’s Sept 24 notes, thomasmc.com.

Palin kisses McCain’s toads

Posted on by
Reply

Frog kissing princessWhat can one say about the Conservative American’s ideas about what actually constitutes foreign policy expertise? These Republican Conservatives generally can’t locate (unless they have been in the military) any country other than their own on a foreign map and think that McCain is the Big Guy to go to for ‘leadership’! In short, they think that the former US bomber pilot knows more than poor AlaObama does about what to do in the world at large! Kind of pathetic really, to put it lightly.

So this week, McCain had his pig princess kiss his favorite two world toads to get her sweet lipstick on them. I’m talking about Sarah does Uribe and Saakashvili now, leaders of the Enslaved World. A Tutorial from Uribe- Palin at the UN by NIKOLAS KOZLOFF talks about it some.

John is more a pimp for the pig princess slut than anything other! I guess he wanted his gun toting bitch to know how to do death squads the Colombian Way?

What a sweet Republicain pair the two do make. They would be the perfect pair to head up the American State, don’t you think?!!! I’m leaning toward voting John McCain.

Regulation, testing, law, and deception

Posted on by
Reply

shysterIn America we are seeing a convergence of the meltdown of all capitalist for-profit driven systems breaking down all at once, whether it be the Financial System, the Health System, the Legal System, or the Educational System. At the heart of the problem is that regulations, testing, and law have been turned into their total opposites by the American Business Community, as they search out profits with an unparalleled, in the history of Humankind, greed and avarice.

In Education, we see Big Business mandated testing being used to dis-educate youth. In Finance, we see the regulatory agencies acting to allow fiscal business anarchy. In law, we see the legal code twisting and turning itself around to codify and legalize torture. In the Health System the regulations are being used by the corporate world to protect their abuse of the elderly and sick, rather than to keep that from happening. In short, American capitalism has become most adept at hijacking regulatory systems under their control, and then using them to produce chaos and dysfunction.

NCLB Testing Said to Give ‘Illusions of Progress’ Doesn’t what this article talks about in education seem quite related to the economic meltdown? Pity the youth for the inheritance America is giving them.

Wall Street fleecing goes into hyperdrive

Posted on by
Reply

wall street stick-up
The Great American Swindle. $1T Bail out plan for Wall St. would give absolute power to Treasury Secretary Paulson, his decisions on how to spend the money would not be reviewable by Congress, or any court of law. This, after they included a provision in the $85B AIG bailout that lets financial firms use customer assets to insure solvency — which means they can borrow your stocks, bonds, CDs, money market acct., etc. — without your permission — and if they go under, you are just another creditor in bankruptcy court.

The GOP Disease. The “Party of Responsibility” morphed under Regan deregulation into Capitalist Anarchists, “failures are just the market regulating itself.” But now that that the financial institutions are failing (which the regulations were designed to prevent) they suddenly become Socialists — but only for the filthy rich. The other 95% of us are left on our own.

The bailouts of Wall St. brings to mind Republican president Ronald Reagan’s comments about “welfare queens driving Cadillacs,” but today’s welfare queens have private jets, enormous mansions, and multi-million dollar incomes. And that’s just fine with the GOP.

McCain declares war on the New York Times, for revealing his campaign manager was behind the deregulation that brought on Wall St. collapse.

Conservative George Will goes after McCain.

McCain lies. He said he supported Northern Ireland peace process, but he opposed it.

McCain opposes MidEast peace process.

Why is John McCain so afraid of Rachel Maddow?

Top Alaskan Republican, Senator Lyda Green says “Palin isn’t prepared to be governor. How can she be prepared to be vice president or president? Look at what she’s done to this state. What would she do to the nation?”

McCain’s chief of staff outed as gay. Suppose Sarah Palin will demand he be burned at the stake? Or will she just shoot him and mount him on the wall of her den?

Rush Limbaugh says Obama isn’t black, he’s Arab.

Fool us once … we won’t get fooled again. Polls: “by a two-to-one margin Americans blame Republicans for the current financial crisis.” 82% say the economy is getting worse (0% say it is getting better), and only 28% support the bailouts. Not that the politicians, bought and paid for by Wall St., give a damn what we think. Oh, and 54% say the US is losing the “war on terror.”

Excerpts from Thomas McCullock’s Sept 23 notes, thomasmc.com.

Death of a Democracy

Posted on by
Reply

The domestic news is bleak across the board. Brother Jonah has already weighed in on the government’s latest post-9/11 power grab. Here’s a little more on the subject.
 
From the Army Times:
Beginning Oct. 1 for 12 months, the 1st BCT will be under the day-to-day control of U.S. Army North, the Army service component of Northern Command, as an on-call federal response force for natural or manmade emergencies and disasters, including terrorist attacks.
IT STARTS NEXT WEEK

…this new mission marks the first time an active unit has been given a dedicated assignment to NorthCom, a joint command established in 2002 to provide command and control for federal homeland defense efforts and coordinate defense support of civil authorities.
IT’S UNPRECEDENTED

After 1st BCT finishes its dwell-time mission, expectations are that another, as yet unnamed, active-duty brigade will take over and that the mission will be a permanent one.
IT’S PERMANENT

They may be called upon to help with civil unrest and crowd control or to deal with potentially horrific scenarios such as massive poisoning and chaos in response to a chemical, biological, radiological, nuclear or high-yield explosive, or CBRNE, attack.
THE POWERS WILL BE UNLIMITED

The 1st BCT’s soldiers also will learn how to use “the first ever nonlethal package that the Army has fielded,” 1st BCT commander Col. Roger Cloutier said, referring to crowd and traffic control equipment and nonlethal weapons designed to subdue unruly or dangerous individuals without killing them.
AND AIMED DIRECTLY AT US

“If we go in, we’re going in to help American citizens on American soil, to save lives, provide critical life support, help clear debris, restore normalcy and support whatever local agencies need us to do, so it’s kind of a different role,” said 1st BCT Commander, Roger Cloutier.
IT’S POWERED BY THE PROPAGANDA MACHINE

For the past 130 years, the Posse Comitatus Act, along with the Insurrection Act, has prohibited the government from using the U.S. military for domestic law enforcement. However, the 2007 Defense Authorization Bill allows the federal government to deploy the military here at home basically whenever they feel like it. This new “federal freedom” will most likely be used to limit our Constitutional liberties and suppress dissent.

Who’s minding the store? How are these bills — including one that throws out more than 100 years of American history with a single pocket veto — passing without a whimper? Why don’t we know? And why don’t we care?

In the words of Willy Loman, “Attention must be paid!”

Joseph –I am a Zionist– Biden’s love affair with pigs wearing lipstick

Posted on by
1

CopObama and running mate Joe “I am a Zionist” Biden are big fans of hiring even more cops, funding even more militarization of the US, and exporting that military policing mindset to around the pigs-in-love globe to the torturers that the US government constantly allies itself with. Yes, Joe Biden wants to hire another 50,000 PLUS extra pigs in the US as the following excerpt from his web site illustrates…

‘Funding 50,000 Cops and 1,000 FBI Agents: In the 1990s, the Biden Crime Bill added 100,000 cops to America’s streets. As a result, murder and violent crime rates went down eight years in a row. George Bush’s cuts to the program have put America at risk and crime rates are back on the rise. Joe Biden wants to put 50,000 more cops on the street and add 1,000 more FBI agents to address the rise in crime and threats of terrorism.’

For full scope of Biden’s love affair with lipsticked pigs see his Homeland Security No priority is higher than America’s safety snoutings.

And the pigs love the Democratic Party. The love affair is mutual! MSNBC reports that POLICE ORGANIZATIONS BACK OBAMA-BIDEN. Now isn’t that lovely?

The last thing our country needs is yet more funding for prisons, military, pigs, and their weaponry. Joe Biden and Obama don’t think that though, and in the National Porcine Employment Homeland Security Department, they can certainly more than hold their own with the McCain-Palin nutters. Beware!

Guns don’t kill people, people with guns do

Posted on by
Reply

guns“Finnish Interior Minister Anne Holmlund said meanwhile that police had questioned the suspected shooter the day before the attack after he posted a video of himself at a shooting range on the Internet, but they had not deemed him enough of a threat to withdraw his gun license.” Finnish gunman kills ten in school shooting.
 
Of course if the Finns had a nice big bloated police force and military like us Yankees do, then they could really have a bloodfest and not just a drive-by or two. As it is it’s merely Bowling in the Tundra.

The Business of Medicine

Posted on by
Reply

pet dogDoes ‘your’ doctor care? Of course he doesn’t! It’s simply a business relationship and his ‘care’ is quantified by money. Don’t look to a doctor for understanding

Got more money? Then you will get more ‘care’, though not necessarily care. You won’t get it from the nurses either. Being sick, old, or both is a lonely situation. Your paid ‘care’ givers rarely show genuine care in our dollar society. They are not allowed to really. Our affections are reduced down by the business community to a paycheck at best.

If you want genuine care you’d do better to turn to a dog or cat rather than to an American doctor or nurse. Heck, American business even tried to monetarily quantify that real care as a brief trip to a Petco or Petmart will have you lectured about being ‘responsible’ to their ‘companions’ whose supplies they want to sell to you. But the dogs and cats don’t buy it unlike the nurses and doctors who do. They’re not into money and thus can actually deliver the real McCoy… CARE. The doctors and nurses will mainly deliver a business service to you, and badly at that.

As if things weren’t bad enough…

Posted on by
17

From Democracy Now…

Army Unit to Deploy in October for Domestic Operations

Beginning in October, the Army plans to station an active unit inside the United States for the first time to serve as an on-call federal response in times of emergency. The 3rd Infantry Division’s 1st Brigade Combat Team has spent thirty-five of the last sixty months in Iraq, but now the unit is training for domestic operations. The unit will soon be under the day-to-day control of US Army North, the Army service component of Northern Command. The Army Times reports this new mission marks the first time an active unit has been given a dedicated assignment to Northern Command. The paper says the Army unit may be called upon to help with civil unrest and crowd control. The soldiers are learning to use so-called nonlethal weapons designed to subdue unruly or dangerous individuals and crowds.

Unless I’m mistaken, that would be the Third “Brave Rifles” from Ft Carson.

The unit involved in the Murder of Crazy Horse and the Murders at Ludlow in 1914, kind of a rich history of killing Americans.

The whole idea of the Big Pigs forcing the army to be their muscle for them is sickening enough, but if the soldiers go along with it willingly, they’ll be dragging America into the depth of Totalitarian Dictatorship.

Any of you reading this, think about that.

Your Master is about to unleash you against Americans and American Freedom.

You’ll be ordered to kill AMERICANS and you’ll be ordered to do it contrary to the Constitution you swore to uphold and defend against ALL enemies, and, Soldiers, that doesn’t make an Exclusion for the Bush Regime.

Your Commander in Chief made the same oath, when he went into the Air Force National Guard, when he was sworn in as Governor of Texas, and twice now as President of the United States.

His actions and his words show clearly that he doesn’t give a Damn about freedom, American lives, or the Constitution, and that his word is the empty promise of a confirmed Liar, Thief and Murderer.

Your choice now is either to do your Sworn Duty and resist the Unlawful Occupation of America, or be willing servants of a Godless Dictator.

He mouths the name of God with the same contempt that he mouths the name of Freedom or of the Constitution.

Gentlemen and Ladies, I give you in his own words, concerning the Constitution… “Stop waving that in my face. IT’S JUST A GOD-DAMNED PIECE OF PAPER”

He has shown with ordering You to Unlawfully Occupy the nation of Iraq that he cares even less for YOUR lives.

If he says otherwise, remember how he described the Constitution, and how he defiles the name of God Himself.

Remember that when his fathers Appointed So-Called “Justices” installed him in the office of President, that he said “It would be easier if this were a dictatorship… as long as I get to be the dictator”

The Cowards with whom he surrounds himself laughed like it was a joke, he said later that it WAS a Joke,

But it most obviously was not a joke.

Let the greedy bastards eat cake

Posted on by
20

Class struggle posterThe tax break for the rich wasn’t enough, the GWOT siphon on the US treasury isn’t flowing fast enough, CEO bonuses aren’t enough, usury is not unregulated enough, bankruptcy laws to ruin small borrowers aren’t predatory enough, the disparity between rich and poor is not obscene enough.

It’s not enough that the parasitic rich contribute only smoke and mirrors to the economy. Now the [investment] bank robbers are dropping even that pretext to demand that US taxpayers simply fork over the money. And don’t anyone try to follow them out.

Michael Hudson on paying for the bailout AND the fallout:

It is bad enough for the government to buy $700 billion of bad bank investments at prices that no private-sector investor has been willing to approach. This itself is an undeserved giveaway to the financial institutions that caused the problem by living recklessly in the short run. But making them – and indeed, helping them – pay back this gift with the aid of favorable tax and deregulatory policies will simply shift the cost off their shoulders onto those of bank depositors, credit-card users, mortgage borrowers and hapless pension-fund contributors to the money managers who have taken most of the current income in the form of commissions, salaries and bonuses to themselves. This will sharply add to the price of doing business in the United States, and specifically to the economy’s debt overhead by the banks making even more predatory loans.

It gets worse. In order for the existing junk mortgages to be “made good,” real estate prices must be raised further above the ability to pay for this year’s five million homeowners in arrears and facing default. Is this a good thing? Is it good to raise access prices for housing even more, forcing new homebuyers to go further into debt than ever before to gain access to housing? Mr. Paulson has directed the Federal Reserve, Fannie Mae, Freddie Mac and the FHA (Federal Housing Authority) to re-inflate the real estate market. They are to pump nearly a trillion dollars into the mortgage market.

Fiscal policy is also to be brought to bear to turn the real estate market around by pressuring cities and states to “help homeowners pay their mortgage debts” by cutting property taxes. The idea is to leave more revenue available for property owners to pay mortgage bankers. Unfortunately, this will oblige cities to make up these cuts by taxing labor and sales, running deeper into debt than they already are, or cutting back their spending on basic infrastructure, education and public services and continue shortchanging their pension funds. This is the price to be exacted to “protect the taxpayer’s interest” by bailing out irresponsible banks. The solution is to let them make even more money by acting in a yet more predatory way.

And:

The most egregious pretense is that the problem is only temporary, not structural. We are merely “freeing up” the market for new loans. This is precisely the opposite of what the classical economists meant by “free markets.” What America has is a bad debt problem, not a “liquidity” problem. There is no “illiquidity” when people refuse to buy a junk mortgage on a property worth only a fraction of the mortgage’s face value. Many of these bad mortgage loans are fraudulent. The Treasury bailout seeks to make $700 billion of fictitious financial claims “real” – that is, way overvalued as compared to their actual worth(lessness).

Economic meltdown and the deafening silence of Barack Obama

Posted on by
Reply

lipstick pigBarack Obama has had ample opportunity to articulate a different program than George Bush and McCain’s foreign policy of continual war, militarism, and imperialism yet failed to do so. But still possibly some redeeming of his character and political program was possible in regards to domestic issues? However he has completely failed that test, too, and has shown no signs of opposing any of the Bush-McCain agenda to transfer the colossal private debt of America’s private financial institutions onto the Federal Budget itself. In short, he too favors bankrupting the American people as a whole by saddling the American tax payer with private debt run up by the super rich economic elites of our country.

What we have seen is a turn from ‘trickle down’ theorizing by the bought and paid for talking heads of media and business to an open assault on the American people that we should all call and label the Flood Up Economic Doctrine. Instead of just ‘socialism’ for the military industrial complex, we now will see ‘socialism’ being advocated and put into place for the Military industrial financial complex. None of this is socialism, of course, but rather is nothing more than corporate welfare provided by from the money of workers the capitalist class exploits.

Barack Obama is a pig in liberal lipstick here. In fact, women do like him and give more than twice the amount to his campaign as they do to the other campaign with bright red lipstick, the McCain-Palin louts. But there is nothing different about these two groupings, except the label branding. Barack Obama, too, will give away public money to bail out the super rich, though in fact, they will merely sink the American public and provide no real ‘bailout’ at all.

Vote for Obama hoping for some different policies, but it appears that you will become quickly disappointed. It is most probably that Obama and the Democrats will move into the White House, if only because the branding of the McCain ticket is having to cover up the ugliest pig with lipstick on of them all. They are having to paint lipstick on George W. Bush, and that is a sorry sight to the American public by now. Look for further signs of electrical economic collapse in the Whither Forecast for tomorrow.

The Economic Meltdown Was Staged As an Act of Class War

Posted on by
1

Free Levi!

The Kleptocrats are pulling the biggest heist in world history. They created money out of nothing, and are now dumping all that worthless paper on the taxpayers. The Robber Barrons took the money and ran, and are now planning their next, even bigger, heist.

Even arch conservative Bill Kristol is balking at the trillion dollar heist being pulled on the taxpayer. And he isn’t the only one.

Know them by their fruits. McCain’s campaign manager made $2 million blocking regulations for the mortgage “industry.”

McCain: “I’m glad I deregulated Wall Street.”

Fed Chairman and Treasury Secretary told Senate on Friday that complete meltdown of our entire financial system is just days away. Or, as John McCain would say, “the fundamentals of our economy are strong.” Just not in our favor. And their “rescue plan” is likely to finish off our economy all together. All because, 8 years ago, half the voters thought it would be cute to vote for the guy they’d like to have a beer with. Maybe America deserves to fail.

Bare market. Fed moves to rescue Goldman Sachs and Morgan Stanley.

USA is collapsing just like USSR. It’s now unavoidable, the only question is, what comes after?

John McCain (KKK Party) scapegoats blacks for financial crisis. Oh, and BTW, Obama is black, so he must be in cahoots!

Non-elitist John McCain owns THIRTEEN cars.

One swindle after another. McCain thinks a market-based reform of the health care crisis is called for, since that worked so well with Wall St.

Saturday Night Live skit reveals the truth about the McCain campaign better than all the news networks combined.

Judge orders Cheney to preserve records. As if he’s ever obeyed the law before.

NASA to hold press conference Tuesday about death of our solar system.

Excerpts from Thomas McCullock’s Sept 22 notes, thomasmc.com.

a nice email fundraiser to help out those poor Wall Street LOSERS!!

Posted on by
1

Credit where it’s due, one of my Democratic friends posted this on alfrankenweb.com, username is JPZenger, after a Revolutionary War era Journalist from New York.

Enjoy and forward to all, friend and foe alike.

From: Minister of the Treasury Paulson

Subject: REQUEST FOR URGENT CONFIDENTIAL BUSINESS RELATIONSHIP

Dear American:

I need to ask you to support an urgent secret business relationship with a transfer of funds of great magnitude.

I am Ministry of the Treasury of the Republic of America. My country has had crisis that has caused the need for large transfer of funds of 800 billion dollars US. If you would assist me in this transfer, it would be most profitable to you.

I am working with Mr. Phil Gram, lobbyist for UBS, who will be my replacement as Ministry of the Treasury in January. As a Senator, you may know him as the leader of the American banking deregulation movement in the 1990s. This transactin is 100% safe.

This is a matter of great urgency. We need a blank check.

We need the funds as quickly as possible. We cannot directly transfer these funds in the names of our close friends because we are constantly under surveillance. My family lawyer advised me that I should look for a reliable and trustworthy person who will act as a next of kin so the funds can be transferred.

Please reply with all of your bank account, IRA and college fund account numbers and those of your children and grandchildren to wallstreetbailout@treasury.gov so that we may transfer your commission for this transaction. After I receive that information, I will respond with detailed information about safeguards that will be used to protect the funds.

Yours Faithfully
Minister of Treasury Paulson

The All-American Hitler Youth uniform

Posted on by
7

youth football
COLO. SPRINGS- You won’t find Youth Football scheduled on Sundays. Are they concerned about conflicting with Sunday church service or with the NFL?

Televised Pro Football doesn’t defer to the Lord’s day, in fact, it’s rechristened it. That’s not to pretend that football is America’s religion, but hasn’t its violence become our nationalist ethos? I think football’s armature is obviously the uniform of our soldiers and paramilitary police.

The day seems to grow ever farther off, when US imperial Fascism will be unmasked for what it is, at least when common Americans will come to recognize it: white supremacy through Capitalism. What will ultimately be revealed as having been America’s propaganda programs aimed at its children, akin to the Hitler Youth of the Nazis? No Child Left Behind tills the soil of impressionable minds with its scorched-earth mis-education, the Boy Scouts plant seeds, and the Junior Marines harvest. But American football fertilizes with ideology.

Roman Catholics excuse Pope Benedict XVI (himself a Pius XII apologist) having belonged to the Hitlerjugend in his youth, by explaining that a wider percentage of German children belonged than really ascribed to Nazi extremism. Might not the same rationalization be made about America’s young footballers? Few of the young athletes grow up to join the SS, but a good many of them will conform from the sidelines and lead the nationalist cheers.

Can the NFL even pretend to be an innocuous spectator sport where it is obviously ritualized warfare?

Patriotic American flags adorn the back of every NFL helmet. Not the front. Though both teams of the game are marked with the national flag, only the side on the offensive is noticed carrying it. The TV camera frames the flag as the viewer follows the advance. Television convention has it that in closeup, defenders are usually shown facing us. Whichever team we may be cheering, the TV would seem to prefer to project the hopeful ambition of the ventured aggression, sooner than the held-breath of the position defended.

Boyscout uniforms, like those of the Hitler Youth, glorified the soldiers of their day by emulating the functionality of their rugged khaki clothing. Can the same thing be said of scouts today? US soldiers, like their compatriot law enforcement officers stateside, wear bullet-proof armor. Combat soldiers, like riot police, wear padded exoskeletons under increasingly intimidating garb. Who are the 10-16 year-olds playing soldier these days?

Transferring bankruptcy from the private sector to the public sector

Posted on by
Reply

EagleWith all this bad private debt being hauled in by the US government hardly any notice has been given to the idea that the US Federal Government itself is putting itself at risk of default, too? In a way a governmental default (declaration of bankruptcy) would be a sort of poetic justice for the people of a country whose government has played an integral part in putting other governments around the globe into default with creditors in the past.

After all for just one given example, how much did America cry for Argentina when its government broke down? The US government had much to do with that governmental default, too, despite the fact that it occurred in a place we hardly even consider as being on the map.

Bill for US rescue package could reach $1 trillion All this bad debt taken in by the Feds can be covered easily by issuing paper dollars that Americans will be forced to use as currency, but what about others outside our national borders? They will simply devalue the US dollar in relation to their own currencies which will not be necessarily be covering bad debt of their own. When goods are imported into the US, we may well begin to see the start up of first $5 Stores, and then $10 Stores for those on tight budgets. The sky can be the limit here, can it not?

At some point foreigners may simply say ENOUGH. None of your dollars are worth even the paper they are written on and we will not accept them at all. Your country is BANKRUPT. So transferring private bad debt (‘toxic’ is the word they actually use) into the hands of the Federal government is no panacea at all. By itself, it cannot turn the situation around at all, as it merely buys time and transfers ‘responsibilities’ onto others, mainly onto the American people instead of America’s super-rich.

Nestle redoubles effort to kill infants

Posted on by
1

NestleThe non-food additive Melamine has resurfaced in the Chinese food supply. As if the pet-food adulteration hadn’t been found toxic enough, the inedible petroleum-based ingredient is disabling and killing human infants when used as a protein-measurement booster in their milk. Nothing for Westerners to be concerned about because the dairy brands are safely unknown in our markets, they are Mengniu, Yili and Nestle.

Pakistan’s security problem

Posted on by
3

How to get an invading foreign power out of one’s own country? Senior CIA officers were target of Islamabad blast Pakistan has a security problem. Would Americans allow a foreign country to bomb parts of it? Would Americans allow a foreign country’s subversive agents (other than Israel’s, of course) to operate freely inside its hotels? Pakistan has a national security problem and it is us. Simple as that.

The crime of removing reporters from the scene of police crimes

Posted on by
Reply

St. Paul’s Democratic Party mayor, Chris Coleman, is going to get away with his crime of allowing police removal of reporters from the scenes of police criminality. Yes, that’s exactly what he is doing by ‘dropping the charges’ against all reporters captured by the police at the Republican Party Convention, and this ‘dropping the charges’ routine seems to be the new ‘In’ way to violate American’s Constitutional Rights. No charges for reporters arrested in GOP protests

How can one protest at political events if the police have the option to just arrest you, harass you in the courts for months, and ultimately to ‘drop charges’? How can reporters go about their work? Any damages ever paid out are simply paid for with tax payers money, so it is slim consolation to actually sue for one’s rights either? Plus, that is another way to tie your one lawyer or two up in court with the brigades of municipal and police lawyers. It is a form of financial harassment by public authorities that is just as legal as torture is in present day America. Proud to be an American? Why?