Your tax dollars helping HEDGE FUNDS! This is just corruption at its finest...and biggest.
Sunday, December 21, 2008
Another example of big guys get away with things, little guys go to jail. Why did Madoff avoid scrutiny for so long? Most likely he paid some of the auditors off.
Man, who could have ever predicted that?
AIG, Bear, Citigroup, and Goldman got their money right away. Why aren't the little guys? Hmmm.
"This week the Senate Armed Services Committee issued a powerful report, released jointly by chair Carl Levin and ranking member John McCain, that received the unanimous support of its 13 Democratic and 12 Republican members. The report concluded that Donald Rumsfeld and other high-level officials of the administration consciously adopted a policy for the torture and abuse of prisoners held in the war on terror."
Monday, December 1, 2008
Read this article carefully, he gets what's going on. You should, too.
Thursday, November 27, 2008
• Marshall Plan: Cost: $12.7 billion, Inflation Adjusted Cost: $115.3 billion
• Louisiana Purchase: Cost: $15 million, Inflation Adjusted Cost: $217 billion
• Race to the Moon: Cost: $36.4 billion, Inflation Adjusted Cost: $237 billion
• S&L Crisis: Cost: $153 billion, Inflation Adjusted Cost: $256 billion
• Korean War: Cost: $54 billion, Inflation Adjusted Cost: $454 billion
• The New Deal: Cost: $32 billion (Est), Inflation Adjusted Cost: $500 billion (Est)
• Invasion of Iraq: Cost: $551b, Inflation Adjusted Cost: $597 billion
• Vietnam War: Cost: $111 billion, Inflation Adjusted Cost: $698 billion
• NASA: Cost: $416.7 billion, Inflation Adjusted Cost: $851.2 billion
TOTAL: $3.92 trillionBig Bailouts, Bigger Bucks | The Big Picture
Tuesday, November 25, 2008
Are you familiar with the phrase, "Being sold a bill of goods?"
So, if lots of different banks are suffering, why are the bailout monies just going to Goldman, AIG, and Citigroup? Does it have anything to do with Paulson having worked for Goldman?
Liberals, wake up! The bailouts are helping corporation, the rich, and the politically well-connected, NOT those underprivileged you THINK you're helping. If you would just let the free markets do what they do best, power would be getting pushed down to the individual and away from the elite right now. But instead, you are circumventing that, and perpetuating a system which is rigged for the privileged.
Wait, I thought they were telling us that bailing out the auto companies would save U.S. jobs!
Monday, November 17, 2008
"“With all due respect, sir,” Daniel told the C.E.O. deferentially as they left the meeting, “you’re delusional.” This wasn’t Fitch or even S&P. This was Moody’s, the aristocrats of the rating business, 20 percent owned by Warren Buffett. And the company’s C.E.O. was being told he was either a fool or a crook by one Vincent Daniel, from Queens."
The End of Wall Street's Boom - National Business News - Portfolio.com
If you want to understand what happened on Wall Street in the past few years, read this article. It is long, but very good. What's most disturbing about it is that as you're reading it, you realize that our tax money is going to bailout these corrupt people, and their insanely greedy and irresponsible behavior. How the f*ck did we get talked into giving them their money back? They deserve to lose it.
Sunday, November 16, 2008
Former Vice President of Dallas Federal Reserve: Failure of the Government to Provide More Information About Bailout Could Signal Corrruption
Some speculate that GMO grains or other chemicals are causing colony collapse disorder.
"But We The People won some symbolic victories in that battle, including the explicit promise of complete transparency in the use of that money.
Now it turns out that We The Payers won nothing at all, and that we are not even being afforded the most basic right of being able to view how that money is being spent.""US Taxpayers Violated" by Dr. Chris Martenson, FSU Editorial 11/11/2008
"For all the fury over Treasury Secretary Henry Paulson's $700 billion emergency economic relief fund, it seems downright puny when compared to the running total of the government's response to the credit crisis.
According to CreditSights, a research firm in New York and London, the U.S. government has put itself on the hook for some $5 trillion, so far, in an attempt to arrest a collapse of the financial system."Washington's $5 Trillion Tab - Forbes.com
Pam Martens: The Two Trillion Dollar Black Hole
To reiterate, your money they are spending on saving "the system" is ruining the system. It is going to bad businesses and bad businesspeople. Why do you continue to believe Washington is smarter than the markets? Why do you continue to believe they are helping you?
"U.S. intelligence officials say they have no credible information about potential terrorist or criminal attacks against a weekend summit in Washington of world leaders to deal with the global financial crisis.
In fact, law enforcement officials said they were more concerned about angry protesters, such as people left jobless by the financial meltdown, than they were about terrorists."Security focused on protesters more than terror - Forbes.com
This is an important distinction to note. Intelligence isn't using its power to protect us. It's being used to protect the government from us.
Exposing Bush's historic abuse of power | Salon News
"At home, our failed attempt at global liberation has left us less free than ever before. Ancient liberties, cultural imperatives, even basic solvency were subsumed by the war effort. And the conservative movement that gave Bush his margin sanitized his radicalism at the cost of its soul. All he touched turned to dross. Yet he departs unbowed, still a Churchill in his own mind.
It would be easy to leave him to that delusion and turn a more hopeful page. But Bush wasn’t alone in his failure: a country marched behind him and a movement cheered him on."The American Conservative -- Bush’s Broken Record
"The yield curve and credit-default swaps tell the same story: The U.S. can't borrow trillions without paying a price."Uncle Sam's Credit Line Running Out? - Barrons.com
Maybe Republican "borrow & spend" is less fiscally conservative than Democrats' "tax & spend", and less socialist?
Thursday, November 13, 2008
Tuesday, November 11, 2008
Thank God we're spending billions of dollars keeping evil weed out of the country!!! It's sinful!!
Wow, what a refreshing change! Instead of inviting them in and having them write your energy policy, you keep them out! What a concept!
Monday, November 10, 2008
Fed Chairman Ben S. Bernanke and Treasury Secretary Henry Paulson said in September they would comply with congressional demands for transparency in a $700 billion bailout of the banking system. Two months later, as the Fed lends far more than that in separate rescue programs that didn't require approval by Congress, Americans have no idea where their money is going or what securities the banks are pledging in return."Bloomberg.com: Worldwide
The bailout of banks isn't helping the U.S. It is helping bankers. It's not even exclusively helping U.S. bankers. It's also helping foreign foreign bankers. Your TRILLIONS of tax dollars at work folks. We could have updated the ENTIRE transportation system in the U.S. for that money. But, you dupes listened to the talking heads in the media who parroted what they were told, saying we HAD to have a bailout or the "system" would collapse. People today can be scared into giving it all away these days, I swear. Freedoms, rights, money...they'll give it all away if those that wish it given just use scary enough words. When will they learn that those in gov't aren't working for "the people," they are working for themselves?
Sunday, November 9, 2008
Saturday, November 1, 2008
when newspapers criticize her negative attacks on Barack Obama."
Sarah Palin speaks on the First Amendment - Glenn Greenwald - Salon.com
Saturday, October 18, 2008
This is where Republican talking points go off the track. They will complain and complain about unfair taxes on corporations and the rich. They talk about the disincentives to business with high taxes. But, the reality is that our tax code is so complicated, and so filled with loopholes, that the rich, and corporations wind up paying much, much less than what their complaints would have you believe. And, as always, the little guy gets stuck with the bill.
Friday, October 10, 2008
from two U.S. military linguists that the government routinely listened
in on phone calls of American military and humanitarian aid workers
Report: NSA spied on soldiers' personal calls - Security- msnbc.com
Monday, October 6, 2008
vital national security issues is going to be reduced. As the old
saying goes: He who has the gold makes the rules. Well, we no longer
have as much gold, and until we get some, we will have to pay more heed
to the rules of those who lend us theirs."
Op-Ed Columnist - Swedish Spoken Here - NYTimes.com
We are soon to be in debtor's prison. Which country's prison will we be in? Who must we obey?
Sunday, October 5, 2008
conduct surveillance and use other intrusive investigative techniques
on Americans without requiring any indication of wrongdoing or any
approval even from FBI supervisors..."
New, controversial FBI guidelines go into effect - Yahoo! News
Friday, October 3, 2008
"The Senate is considering legislation that would do more to bail
out lenders and speculators than to help homeowners keep their homes,"
he said. "The Senate bill would actually prolong the time it takes for
the housing market to adjust and recover, and it would lead to higher
Earlier this week, the Bush administration said the president would veto
the Foreclosure Prevention Act of 2008 if it passes Congress because it
objected to two key elements. The first is a provision that would
change the bankruptcy law to let judges reduce the amount of principal
and interest due on mortgages of those filing for bankruptcy.
Bush: Foreclosure bill will 'bail out lenders' - Feb. 28, 2008
Wednesday, October 1, 2008
they are to McCain. Maybe because veterans' groups give Obama an
average grade of B+, while McCain (who voted against the new GI Bill)
gets an F."
Military donations favor Obama - USATODAY.com
Support the troops.
Tuesday, September 30, 2008
"Bankruptcy does not mean the company disappears; it is just owned by someone new (as has occurred with several airlines). Bankruptcy punishes those who took excessive risks while preserving those aspects of a businesses that remain profitable.
In contrast, a bailout transfers enormous wealth from taxpayers to those who knowingly engaged in risky subprime lending. Thus, the bailout encourages companies to take large, imprudent risks and count on getting bailed out by government. This "moral hazard" generates enormous distortions in an economy's allocation of its financial resources."Commentary: Bankruptcy, not bailout, is the right answer - CNN.com
Monday, September 29, 2008
Yeah, we can't have nukes in Iran cause they can hit Israel...
Bush is powerless to do anything because we're in a severe financial crisis caused by our attempt to keep nukes out of Iraq.
Can this get any more stupid?
Please notice step 1 is the Federal Reserve's intervention in the market's interest rate mechanism, causing mispriced credit.
This is one of the many bailouts that didn't need a vote from Congress.
"The next president will have to deal with yet another crippling legacy of George W. Bush: the economy. A Nobel laureate, Joseph E. Stiglitz, sees a generation-long struggle to recoup."The Economic Consequences of Mr. Bush: Politics & Power: vanityfair.com
His culprits are a tax code that has become hideously biased in favor of the rich; a
national debt increased 70 percent; a record $850 billion trade
deficit; record oil prices; weak dollar...just like Ron Paul has been saying for years.
Sunday, September 28, 2008
planned $700 billion bail-out that comes courtesy of the American
tax-payer if the US Congress gives the financial rescue package the
go-ahead this weekend."
The Sunday Herald - Scotland's award-winning independent newspaper
Let's bailout the whole world! Then, maybe, they'll like us again!
"Here is a historic geopolitical shift, in which the balance of power in the world is being altered irrevocably. The era of American global leadership, reaching back to the Second World War, is over.
You can see it in the way America's dominion has slipped away in its own backyard, with Venezuelan President Hugo Chávez taunting and ridiculing the superpower with impunity. Yet the setback of America's standing at the global level is even more striking... In a change as far-reaching in its implications as the fall of the Soviet Union, an entire model of government and the economy has collapsed.
Ever since the end of the Cold War, successive American administrations have lectured other countries on the necessity of sound finance. Indonesia, Thailand, Argentina and several African states endured severe cuts in spending and deep recessions as the price of aid from the International Monetary Fund, which enforced the American orthodoxy. China in particular was
hectored relentlessly on the weakness of its banking system. But China's success has been based on its consistent contempt for Western advice and it is not Chinese banks that are currently going bust. How symbolic yesterday that Chinese astronauts take a spacewalk while the
US Treasury Secretary is on his knees.
Despite incessantly urging other countries to adopt its way of doing business, America has always had one economic policy for itself and another for the rest of the world. Throughout the years in which the US was punishing countries that departed from fiscal prudence, it was borrowing on a colossal scale to finance tax cuts and fund its over-stretched military commitments. Now, with federal finances critically dependent on continuing large inflows of foreign capital, it will be the countries that spurned the American model of capitalism that will shape America's economic future."John Gray: A shattering moment in America's fall from power | Comment is free | The Observer
This writer assumes that the failures are due to lack of government intervention. This is wrong. The Fed is the ultimate in intervention. It affects every aspect of our economy. I post this because he DOES get right the hypocrisy of the U.S.'s say one thing, and do another economic foreign policy.
US House of Representatives approves Nasa buying Russian spacecraft | World news | guardian.co.uk
Saturday, September 27, 2008
"The more voters learn about the proposed $700-billion taxpayer-backed Wall Street rescue plan, the less they like it. Most voters remain largely unworried about their own money, too.
Just 24% of U.S. voters now favor the plan first proposed by Treasury Secretary Henry Paulson a week ago and the subject of very public negotiations on Capitol Hill ever since, according to a
Rasmussen Reports national telephone survey taken Friday night. Fifty percent (50%) oppose it, and 25% are undecided."
Friday, September 26, 2008
"9. Foreign Banks Can Cash in Too
Or perhaps the fact that U.S. tax-payers look like they might also end up bailing out foreign banks will end up being a fly in the ointment.
Now, the U.S. bailout looks as if it is going global, too, a move that could raise its cost and intensifyscrutiny by Congress and critics.
Foreign banks, which were initially excluded from the plan, lobbied successfully over the weekend to be able to sell the toxic U.S. mortgage debt owned by their American units to the Treasury, getting the same treatment as U.S. banks.
On Sunday, Treasury Secretary Henry Paulson indicated in a series of appearances on TV talk shows that an original proposal introduced Saturday had been widened. "It's a distinction without a difference whether it's a foreign or a U.S. one," he said in an interview with Fox News.
He's right, in a way. There are no U.S. or foreign mega-banks -- just multinational financial
institutions with headquarters at home or somewhere abroad. If one accepts the logic of the plan at all, it might as well extend to multinationals with foreign-sounding names. The rabbit hole is only so deep, and we're already way down it."
We're going to bail out Middle Eastern sheiks who invested in Citigroup! Cool! This gets better by the second!
hundreds of millions of dollars in the financial crisis, are seeking
federal help for Medicaid and other programs, as economic woes work
their way through the system."
Local Officials Press for a Piece of the Rescue Plan - WSJ.com
Sanders: Larry, I’m sure after all of the ranting and raving you have done against government intervention and the virtues of free market I know without saying that you are opposed to the bail out.
Kudlow: No, I’m in favor of it.
Sanders: Oh, you’ve become a Socialist overnight Larry, what happened?….I think your version of socialism is to bail out the rich. My concern is about the middle class and working families who are now asked to bail out the disaster caused by the incredibly greedy people on Wall Street who have fought for this deregulation which is now taking us over the cliff.
Thursday, September 25, 2008
Bush: Economy strong enough to handle turmoil - BostonHerald.com
Wednesday, September 24, 2008
September 18, that he has watched with "sadness" the collapse of Wall
Street firms that made economic policy recommendations in emerging
markets "as if they were the super intelligent and we were the poor
"Important banks, very important banks, that spent their lives giving
advice about Brazil and what we should or shouldn't do are now broke,"
news agency EFE quoted Lula da Silva as saying in a speech in southern
Brazil - Brazzil Mag - Brazilian President Makes Fun of Wall Street's Super Brains
"Bernanke's remarks, an unusual departure from his prepared
testimony, come as lawmakers and the Bush administration
negotiate a rescue plan aimed at easing the worst financial
crisis since the Great Depression. The Fed chief said paying
prices higher than the bad assets would fetch in the open market
would help ``unfreeze'' credit markets and aid the economy. "
He wants us to pay MORE than what they're worth. This is his solution.
Saturday, September 20, 2008
Thursday for declining to prosecute the managers of an oil- and
gas-royalty program that's been tainted by allegations of illicit sex,
drug use and taking favors worth thousands of dollars."
McClatchy Washington Bureau | 09/18/2008 | Official: Why weren't managers charged in oil-sex scandal?
Tuesday, September 16, 2008
"This past week, the government announced that it would take Freddie Mac and Fannie Mae, the mortgage giants, under conservatorship, which is a nice way of saying that they will be nationalized.
We don't use the word nationalize any more. We can try an experiment and read the new term conservatorship" back into history. In fact, we might say that Stalin and Lenin put Russia's industries under a kind of conservatorship. Or we might say that Mao pushed a kind of land conservatorship, or that Hitler's policy was one of national conservatorship. Marx's little book could be re-titled: The Conservatorship Manifesto.
You see, the government keeps having to make up new names for these things because the old policies, which were not that different in content, failed so miserably. The old terms become discredited and new terms become necessary, in an effort to fool the public.
It's as if a restaurant served a shrimp dish that gave all the customers food poisoning, and so each night it decides to serve the same shrimp but name the dish something new: crangon cocktail, prawn pasta,
scampi salad, or what have you. But no matter what they call it, it is still poison.
The Social Imperative of Sound Money by Llewellyn H. Rockwell, Jr.
When you're sitting around pondering, "Who is winning the war?", keep this in mind.
decision to seize Fannie Mae and Freddie Mac may choke off the
biggest source of funding for financial companies suffering from
the collapse of the subprime mortgage market. "
"Paulson's ``decision has been devastating to the market,''
said Marilyn Cohen, President of Envision Capital Management in
Los Angeles, which oversees $200 million in fixed-income assets.
``We all thought they would never help exacerbate the banking
crisis and that's exactly what they did.'' "
Gov't interventions don't help. They make it worse and distort the market's natural correction mechanisms.
Monday, September 15, 2008
Saturday, September 13, 2008
No, I didn't make this up."
Today's M/I Report
Friday, September 12, 2008
million per mile in order to protect America from busboys, gardeners
and fast food clerks. But it sure makes the nativists, xenophobes and
bigots feel good. Of course more than bigots benefit from the Wall. Add
in the morons who think this Wall is somehow making them safe. It won’t
help the economy -- quite the contrary, it is very harmful to the
economy. But the emotional comfort that bigots and morons get from it
has to be worth something. Unfortunately, like most government schemes
the people who think they are benefiting have managed to pass the bulk
of the cost off on other people. Let’s face it -- the Minutemen types
and their closet supporters are major Welfare Queens. To give
themselves comfort they are ripping off the taxpayers to the sum of
between $2 million and $4 million per mile."
Classically Liberal: Anti-immigration panic costs $2-$4 million per mile.
What's going on here? Is Freedom of the Press dying?
"You see, taxpayers, you must allow the government to issue permits to allow drilling and mining. We know how to properly allocate these very valuable licenses efficiently and equitably. If you let the free market decide this, it will do things poorly and unethically."
blanche to mount counter-terrorist operations inside Pakistani
territory raised fears last night that escalating conflict was
spreading from Afghanistan to Pakistan and could ignite a region-wide
George Bush's secret order to send special forces into Pakistan | World news | The Guardian
Sunday, September 7, 2008
commandos only months prior to Georgia’s army assault in South Ossetia
FT.com / World - US military trained Georgian commandos
The US government had accepted responsibility for the attack but did not
offer any apology for the same and instead announced to launch more
such attacks against the militants across the border, if so required in
Pakistan cuts supply lines to Nato forces
Remember, the Global War on Terror is making us safer.
install missile interceptors on Polish land—the Russkies balk and claim
Poland is now a legit target for Russky missiles. What’s this?
Diplomacy through intimidation? Just because we do it, does that mean
they should? Monkey see, monkey does? Russkovia is full of monkeys with
nuclear warhead missiles!"
» 10 Reasons Why We Need a New (Cold?) War
""This is our land. We are afraid to send our sons out the door for
fear the American troops will pick them up," says Mohammed, who was
chosen by the others to represent them. "Daily we have headaches from
the troops. We are fed up. Our government is weak and corrupt and the
American Soldiers have learned nothing."
A strong sense of frustration echoed through dozens of interviews by
The Associated Press with Afghan villagers, police, government
officials, tribal elders and Taliban who left and rejoined the
religious movement. The interviews ranged from the capital, Kabul, to
the rural regions near the border with Pakistan."
Afghans Fed Up With Government, US - Military.com
U.S.-backed Georgia, Kremlin-watchers in Moscow are worried that Russia
and America are closer to direct confrontation than at any point since
the end of the Cold War."
McClatchy Washington Bureau | 09/05/2008 | Kremlin-watchers warn of direct U.S.-Russia clash
"Then, last week, advisers from Morgan Stanley
hired by the Treasury Department to scrutinize the companies came to a
troubling conclusion: Freddie Mac’s capital position was worse than
initially imagined, according to people briefed on those findings. The
company had made decisions that, while not necessarily in violation of
accounting rules, had the effect of overstating the companies’s capital
resources and financial stability.
Indeed, one person briefed on
the company’s finances said Freddie Mac had made accounting decisions
that pushed losses into the future and postponed a capital shortfall
until the fourth quarter of this year, which would not need to be
disclosed until early 2009. Fannie Mae has used similar methods, but to
a lesser degree, according to other people who have been briefed."
"These two gigantic hedge funds intentionally
manipulated their accounting to show a capital position that was
stronger than reality, by pushing forward losses instead of recognizing
them as they occurred.
While not illegal, it had the effect of lying to the markets, which put both firms at risk of all-on collapse.
Now the government proposes to bail them out at your expense and risk the collapse of the government's funding,
instead of indicting the executives of these firms and placing them
into rundown, forcing the losses to be taken by the people who profited
from the gains during the "salad years.""
The Market Ticker
Aren't you glad we have a "free market capitalist" system, while those bad, evil Commies manipulate their economy? Well, OK, so the U.S. government intervenes here and there, but it's for the best. Why is it for the best, you ask? Well, that's because I assume the government is omniscient and incorruptible, and therefore smarter than the market.
Saturday, September 6, 2008
this is not a conflict of Russia’s choosing. There are no winners from
this conflict. Hours before the Georgian invasion, Russia had been
working to secure a United Nations Security Council statement calling
for a renunciation of force by both Georgia and South Ossetians. The
statement that could have averted bloodshed was blocked by western
FT.com / Comment & analysis / Comment - Why Russia’s response to Georgia was right
Republican National Convention, the party has created a "black-hat"
squad to track the Paulites and other potential troublemakers to make
sure they don't cause a scene on the convention floor.
Identified by their black baseball caps emblazoned with a white
star, squad members keep an eye on delegates they fear might cause a
scene. The squad is empowered by the convention managers to take
delegates' credentials and kick them off the convention floor -- a step
one convention official said would be unprecedented."
Aren't you proud of your party?
Monday, September 1, 2008
Russia's government declares its superiority over the West, claims America is on weak ground militarily and morally due to Iraq
but officials in Moscow believe those countries lack the leverage,
strength or unity to intervene, analysts say."
Russia sees Georgia outcome as proof of its dominance - Los Angeles Times
One of the reasons the supporters of this war used to justify staying, was that if we didn't, we'd look weak to our enemies. Well, they were wrong. We look weak by staying, and we look weak to Russia and China, actual countries with missiles, not just some guys in caves. What the Neo-Cons and their supporters don't realize is that the use of our guns don't make us look strong, it's how and when we use them. If you don't behave morally, it doesn't matter how big your show of strength.
once the Bush administration's favorite Iraqi politician, and
implicated him in bombings that killed Americans and Iraqis, Chalabi
and Iraqi government officials said Thursday."
McClatchy Washington Bureau | 08/29/2008 | Chalabi aide arrested on suspicion of Baghdad bombings
So, should the U.S. bomb itself for aiding the "terrorists?"
Friday, August 22, 2008
When people suggested talking with Iran, Neocons, Bush-supporters, Bush, Cheney, FOX News and others called them appeasers. They said, "What?! You can't negotiate with terrorists." Then Bush did it. He sent diplomats.
When people suggested setting timetables for withdrawal, that group said, "What?! That's like giving Al Qaeda the date they can take over. They'll just wait 'til we leave, then take over!" Now, Rice is over there, doing exactly that....setting timetables.
The end result is lack of credibility on the Right, and wasted time, money, and lives.
Justice Department plan would "allow the F.B.I. to open an investigation of an American, conduct surveillance, pry into private records and take other investigative steps 'without any basis for suspicion.'"
"A Justice Department plan would loosen restrictions on the Federal Bureau of Investigation
to allow agents to open a national security or criminal investigation
against someone without any clear basis for suspicion, Democratic
lawmakers briefed on the details said Wednesday."
This isn't what America is about, people. Come on, this is getting out of control.
"A senior Russian military official confirmed on Friday that Russia's
Defence Ministry had frozen some cooperation with the NATO military
alliance and queried the merits of a U.S. Navy operation in the Black
Don't worry folks, Bush "looked into Putin's eyes."
Thursday, August 21, 2008
Monday, August 18, 2008
you in response to the same question how fast the American forces can
leave Iraq, for example, the answer would be as soon as we have
guarantees for peace and security there"
Lawmaker hints at long stay in Georgia, despite cease-fire - CNN.com
Pakistani Democracy Trumps U.S. Support of Military Dictator, as They Reelect President Deposed by Musharraf's Coup
More results of tough-guy diplomacy. As we focus a trillion dollars of our blood and treasure on some random guys living in caves, a nuclear power just went to a country which hates us, due to our support of a military dictator....the mind reels.
Monday, July 21, 2008
"The next White House occupant will inherit the deepest housing recession in a generation, growing fears of bank failures, a sinking dollar, $4 gasoline and an economy bleeding jobs. He'll confront wars in Iraq and Afghanistan, mounting tensions with Iran and the U.S.'s flagging international reputation.
Historians say the economic and foreign policy crises in Bush's wake will present either Democrat Barack Obama or Republican John McCain with the biggest challenges to a new president since Herbert Hoover left office during the Great Depression." LINK
Fill 'er up, America! You're funding (and arming) our enemies! This war, and $140 oil, is great for us!
Wednesday, July 16, 2008
How much oil it'd take to buy the US? At the recent price of $140 a barrel, it turns out to be a mere 400 billion barrels, or just about the combined reserves of Iran and Saudi Arabia.
Keep supporting the $3 trillion wars to keep us on oil, boys. You're making everyone but us rich. What a strategy!
Tuesday, July 8, 2008
Thursday, July 3, 2008
Thursday, June 26, 2008
Wednesday, June 25, 2008
The Office of Management and Budget, President Bush's administrative arm, has shot down a service plan to add five active-duty generals who would oversee purchasing and monitor contractor performance.
The boost in brass was a key recommendation from a blue-ribbon panel that last fall criticized the Army for contracting failures that undermined the war effort in Iraq and Afghanistan, wasted U.S. tax dollars, and sparked dozens of procurement fraud investigations.
As the Army's contracting budget ballooned — from $46 billion in 2002 to $112 billion in 2007 — it had too few experienced people negotiating and buying equipment and supplies, according to the panel. Worse still, there wasn't a single Army general in a job with contracting responsibilities. That meant the profession had little clout at a critical time." Link
Saturday, June 21, 2008
I definitely prefer being the pristine accuser, rather than the guilty accused.
Friday, June 20, 2008
'Persons immune from lawsuits include "Anyone" who "provid[ed] assistance to an element of the intelligence community . . . in connection with intelligence activity involving communications that was (i) authorized by the President during the period beginning on September 11, 2001, and ending on January 17, 2007 and (ii) designed to prevent or detect a terrorist attack, or activities in preparation of a terrorist attack, against the United States and (B) the subject of a written request or directive . . . indicating that the activity was (i) authorized by the President; and (ii) determined to be lawful."'
Thursday, June 19, 2008
Tuesday, June 17, 2008
Good thing the gov't is protecting us from those evil drugs! Thank you DEA!
Former Army Secretary: A Third Of The Prisoners Don't Belong In Guantanamo. U.S. has wrongfully imprisoned "perhaps hundreds" of men "in Afghanistan, Cuba and elsewhere on the basis of flimsy or fabricated evidence, old personal scores or bounty payments."
John McCain angrily denounces mandatory caps on carbon dioxide. Guess who's campaign released a plan for mandatory caps last month?
What's wrong with this guy? It's gone beyond flip-flopping. It's just a weird lust for power thing.
Monday, June 16, 2008
George, I know you're trying to do this for your "legacy," but maybe the outlook for your legacy would have been better if you had done this right away, instead of putting it off 'til the last second, spending $3 trillion of our children and grand children's money on an unrelated revenge killing of Saddam.
Saturday, June 14, 2008
This is the problem of the military industrial complex that Eisenhower warned us about. The military getting involved in politics. Go to YouTube if you haven't seen his famous TV speech.
Friday, June 13, 2008
- “Without privatization, I don’t see how you can possibly, over time, make sure that young Americans are able to receive Social Security benefits.” [C-Span Road to the White House, 11/18/2004]
- “As part of Social Security reform, I believe that private savings accounts are a part of it — along the lines that President Bush proposed.” [Wall Street Journal, 3/3/2008]
McCain is nuts. Does he not remember? Why would he contradict himself so obviously?
Monday, June 9, 2008
Wednesday, June 4, 2008
New Venezuelan law allows warrantless wiretapping and manipulation of the judicial process to favor the government over the rights of the accused
Good thing we live in America, where that would never, ever happen.
This will be good for tourism. And keep believing the Republican line that they are pro-business, and Dems aren't.
Sunday, June 1, 2008
Get the inspectors in there!!!!! If they balk for one second, we're going in!!
"In her testimony, Ugone also revealed that $135 million were given to forces from three countries UK, South Korea and Poland to facilitate their participation in the war. This is the first time that the US has officially admitted paying its allies in the so-called Coalition of the Willing that invaded Iraq in March 2003."
In the first Gulf War, Bush Sr. got paid by our allies. In this one, Jr. is paying them.
Wednesday, May 28, 2008
Southern Baptist library worker refuses to work at Harry Potter promotional event, and is forced to quit. ACLU suing on her behalf, but don't let that stop you from claiming they're out to destroy religion (courtesy of fark)
Tuesday, May 27, 2008
"Former White House Press Secretary Scott McClellan writes in a surprisingly scathing memoir to be published next week that President Bush “veered terribly off course,” was not “open and forthright on Iraq,” and took a “permanent campaign approach” to governing at the expense of candor and competence.
Among the most explosive revelations in the 341-page book, titled “What Happened: Inside the Bush White House and Washington’s Culture of Deception” (Public Affairs, $27.95):
• McClellan charges that Bush relied on “propaganda” to sell the war.
• He says the White House press corps was too easy on the administration during the run-up to the war.
• He admits that some of his own assertions from the briefing room podium turned out to be “badly misguided.”
• The longtime Bush loyalist also suggests that two top aides held a secret West Wing meeting to get their story straight about the CIA leak case at a time when federal prosecutors were after them — and McClellan was continuing to defend them despite mounting evidence they had not given him all the facts.
• McClellan asserts that the aides — Karl Rove, the president’s senior adviser, and I. Lewis “Scooter” Libby, the vice president’s chief of staff — “had at best misled” him about their role in the disclosure of former CIA operative Valerie Plame’s identity."
Monday, May 26, 2008
"'Mr. Boehner is trying to kick millions of Americans out of court in a wiretapping case while collecting more than $1 million in his own wiretapping case.'"
Gov't tells fed. judges that president can send military into any U.S. neighborhood, capture a citizen and hold him in prison w/o charge, indefinitely
Sunday, May 25, 2008
"It was Bush’s second personal appeal this year to King Abdullah, head of the monarchy that rules this desert kingdom that is a longtime prime U.S. ally and home to the world’s largest oil reserves."
of wars in Iraq and Afghanistan may exceed the combat death toll
because of inadequate mental health care, the U.S. government's
top psychiatric researcher said."
Friday, May 23, 2008
Internal audit of $8 bil. paid to Iraqi and US contractors finds that the govt skirted rules designed to prevent fraud in almost every transaction
Thursday, May 22, 2008
If it was young Muslim boys who did this, the Neocons would be up in arms and Fox News would be playing clips of it over and over. But, since it is Israelis our "allies," they'll all just gloss over it.