Showing posts with label what's the use. Show all posts
Showing posts with label what's the use. Show all posts

Thursday, May 17, 2012

Hope and/or Change News Roundup



1. From a Tom Coburn interview (R-OK) by Ezra Klein:

EK: On the other side of that hypothetical, let’s say Obama wins, but Republicans hold the House and maybe even take the Senate. How do they act in that hypothetical? Are they more or less willing to compromise with Obama?

TC: I don’t know. I’m not good at predicting that. If President Obama is president again, those problems are still there and we have to solve them. He knows that. We’ve had conversations where he’s told me he’ll go much further than anyone believes he’ll go to solve the entitlement problem if he can get the compromise. And I believe him. I believe he would.

2. Did the White House Direct the Police Crackdown on Occupy?

by DAVE LINDORFF

A new trove of heavily redacted documents provided by the US Department of Homeland Security (DHS) in response to a Freedom of Information Act (FOIA) request filed by the Partnership for Civil Justice Fund (PCJF) on behalf of filmmaker Michael Moore and the National Lawyers Guild makes it increasingly evident that there was and is a nationally coordinated campaign to disrupt and crush the Occupy Movement.

3. Why Is President Obama Keeping a Journalist in Prison in Yemen?

by Jeremy Scahill

On February 2, 2011, President Obama called Yemeni President Ali Abdullah Saleh. The two discussed counterterrorism cooperation and the battle against Al Qaeda in the Arabian Peninsula. At the end of the call, according to a White House read-out, Obama “expressed concern” over the release of a man named Abdulelah Haider Shaye, whom Obama said “had been sentenced to five years in prison for his association with AQAP.” It turned out that Shaye had not yet been released at the time of the call, but Saleh did have a pardon for him prepared and was ready to sign it. It would not have been unusual for the White House to express concern about Yemen’s allowing AQAP suspects to go free. Suspicious prison breaks of Islamist militants in Yemen had been a regular occurrence over the past decade, and Saleh has been known to exploit the threat of terrorism to leverage counterterrorism dollars from the United States. But this case was different. Abdulelah Haider Shaye is not an Islamist militant or an Al Qaeda operative. He is a journalist.
...
While Shaye, 35, had long been known as a brave, independent-minded journalist in Yemen, his collision course with the US government appears to have been set in December 2009. On December 17, the Yemeni government announced that it had conducted a series of strikes against an Al Qaeda training camp in the village of al Majala in Yemen’s southern Abyan province, killing a number of Al Qaeda militants. As the story spread across the world, Shaye traveled to al Majala. What he discovered were the remnants of Tomahawk cruise missiles and cluster bombs, neither of which are in the Yemeni military’s arsenal. He photographed the missile parts, some of them bearing the label “Made in the USA,” and distributed the photos to international media outlets. He revealed that among the victims of the strike were women, children and the elderly. To be exact, fourteen women and twenty-one children were killed.

Whether anyone actually active in Al Qaeda was killed remains hotly contested. After conducting his own investigation, Shaye determined that it was a US strike. The Pentagon would not comment on the strike and the Yemeni government repeatedly denied US involvement. But Shaye was later vindicated when Wikileaks released a US diplomatic cable that featured Yemeni officials joking about how they lied to their own parliament about the US role, while President Saleh assured Gen. David Petraeus that his government would continue to lie and say “the bombs are ours, not yours.”
That post is dated March 13, 2012, and so is perhaps not "news". How many of you have heard about it? If we had a functioning press, this would be a big deal, and there would be substantial pushback. But we do not, and I only read about it because Glenn Greenwald linked to it in...

4. Obama’s new free speech threat by Glenn Greenwald

There is substantial opposition in both Yemen and the West to the new U.S.-backed Yemeni President, Abed Rabbo Mansour Hadi. Hadi was the long-time Vice President of the Yemeni dictator Ali Abdullah Saleh, and after Saleh finally stepped down last year, Hadi became President as part of an “election” in which he was the only candidate (that little fact did not prevent Hillary Clinton from congratulating Yemen “on today’s successful presidential election” (successful because the U.S. liked the undemocratic outcome).
...
The Post article notes that, as unusual as this Executive Order is, Obama issued a similar one for Somalia in 2009, and it has one other precedent: “In 2006, President George W. Bush issued a similar order regarding Ivory Coast in West Africa.” Newspapers should just create a template that says that for every article: this radical and controversial power that Obama has just seized for himself has its genesis in the executive power and war theories of Bush/Cheney. Except for the power to secretly target U.S. citizens for due-process-free assassination-by-CIA and the manic war on whistleblowers — those are Obama originals — that’s a reliable claim to make, which is the point.

5. Comfortable Shoes Department By Charles P. Pierce

Right now, if nothing else changes, it looks very much like Scott Walker, the goggle-eyed homunculus hired by Koch Industries to manage their midwest subsidiary formerly known as the state of Wisconsin, is going to keep his job.

Dear Debbie Wasserman-Schultz: That heinous future actually could happen if you don't get out of the Green Room and get the DNC off the stick here. I'm still not kidding. If the Democrats blow this one, and if it's proven that the DNC could have helped in any way and didn't, you should be fired before the sun goes down.
Newsflash for Charles P. Pierce: DWS is Obama's handpicked DNC Chair, like Tim Kaine before her. If Obama wanted her to jump to Tom Barrett's aid, she'd be asking, "How high?"

As BDR might say, C.P.P.'s Obamapostasy will never be ready.



(Cross-posted at Whiskey Fire. Mouse over pics for captions, and click them for larger versions.)
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Thursday, March 1, 2012

Breaking The Law! Wall Street Edition



NEW YORK (TheStreet) -- Goldman Sachs (GS_) was the Winner among the largest U.S. financial names early Thursday afternoon, with shares rising over 4% to $120.04.

KBW analyst David Konrad on Thursday reiterated his "Outperform" rating for Goldman, with a $140 price target, despite a couple of negative disclosures in the company's annual 10-K filing on Wednesday.

Goldman disclosed that it had received a Wells notice from the Securities and Exchange Commission, regarding its offering documents for a $1.3 billion subprime mortgage securitization in 2006, and added that it expected to face additional regulatory action and litigation in connection with the mortgage pool. Konrad said that "although the headline is negative, GS is well reserved for potential litigation and should not be materially impacted by the investigation."

Goldman was also named in a class action lawsuit springing from the bankruptcy of MF Global, in connection with to offerings of MF Global convertible notes, for failing to adequately disclose MF Global's European debt exposure. With the notes in question totaling $575 million and Goldman's underwritten portion totaling $214 million, Konrad said he didn't "believe this issue [was] material.

As you may (or may not) recall, Goldman Sachs also bet on a housing meltdown in the U.S. via AIG credit default swaps and then had those swaps made good by Uncle Sam as part of the banking bailouts.

McClatchy's inquiry found that Goldman Sachs:

Bought and converted into high-yield bonds tens of thousands of mortgages from subprime lenders that became the subjects of FBI investigations into whether they'd misled borrowers or exaggerated applicants' incomes to justify making hefty loans.

Used offshore tax havens to shuffle its mortgage-backed securities to institutions worldwide, including European and Asian banks, often in secret deals run through the Cayman Islands, a British territory in the Caribbean that companies use to bypass U.S. disclosure requirements.

Has dispatched lawyers across the country to repossess homes from bankrupt or financially struggling individuals, many of whom lacked sufficient credit or income but got subprime mortgages anyway because Wall Street made it easy for them to qualify.

Was buoyed last fall by key federal bailout decisions, at least two of which involved then-Treasury Secretary Henry Paulson, a former Goldman chief executive whose staff at Treasury included several other Goldman alumni.

The firm benefited when Paulson elected not to save rival Lehman Brothers from collapse, and when he organized a massive rescue of tottering global insurer American International Group while in constant telephone contact with Goldman chief Blankfein. With the Federal Reserve Board's blessing, AIG later used $12.9 billion in taxpayers' dollars to pay off every penny it owed Goldman.

This proving, once again, that it pays to have high friends in places.

Anyone need some hope with their spare change?





(Cross-posted at Whiskey Fire. Mouse over pics for captions, and click them for larger versions.)

UPDATE: Scott Horton at Harper's has 6 questions for Tom Engelhardt, author of The United States of Fear.

2. In diagnosing the “National Security Complex,” you suggest that America’s democratic institutions are under a quiet but steady assault. What do you mean by this concept, and where do you think it’s taking us?

In my book, I say that we are now in a “post-legal America” when it comes to the National Security Complex. What that means is simple enough. The U.S. legal system, which still applies to you and me, really no longer applies to the national-security state.
...
Thought of another way, only one prosecutable crime exists today—under the Espionage Act, no less—for anyone in the complex: whistleblowing. In other words: do what you want, just don’t tell Americans what goes on in these precincts or we’ll take you down.

Further Update: White Riot


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Thursday, March 24, 2011

Bush's Third Term

Going as well as one would expect.


IOZ, re:Afghanistan and war in general.

The Medium Lobster, on Obama's totally excellent Libyan adventure.

UPDATE: New Picture, gifted by fish.

P.S. Via Glenn Greenwald:
Suffice to say, it is no longer provocative or controversial when someone like Yale Law Professor Jack Balkin writes, as he did the other day, that Obama "has more or less systematically adopted policies consistent with the second term of the George W. Bush Administration."
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Monday, December 6, 2010

Faster Obamacat! Cave! Cave!







P.S. I've Asked Fleabus for answers.
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Sunday, November 7, 2010

Irony Is Reborn Every Night

Only to have its liver eaten the next day by FAUX Nooze:

Judy Miller criticizes Diane Sawyer for being "too busy blogging and net-Twittering" to properly question Pelosi



"Seems like kind of a kid gloves interview if you watch the whole thing."

FAUX is home base for candidates who can't even take questions from the likes of Katie Couric. This is the network the rest of our media takes its cues from, people. Be sad. Be very sad. The media narrative already is "Obama and the Democrats moved too far to the left".

Interior Department employees referred to the "Third Bush Term". How could it be any more right-wing, without just putting Exxon and B.P. in charge, officially?

Larry Summers and Tim Geithner replaced Bush's crack economics advisor, Hank Paulson. Harsh blow for Wall Street! Anything less than hiring Larry Kudlow will show that that the Marxists are still in charge.

David "The Dean" Broder has already suggested that invading Iran is a solution to our economic problems. The war that would pay for itself has cost us $3 trillion and counting. But we're just going to keep making war until we find the Magical Unicorn!

I'm sure Fred Hiatt will chime in shortly, writing if we only had more tax cuts for the rich, and got rid of these silly expensive programs like "Social Security" and "Medicare", all will be blue skies again.

Now let's click for our medicine, where we'll learn it's all Rachel Maddow's fault.
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Monday, June 21, 2010

Ain't that America?

Land of the Free



And Home of the Braves!


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Thursday, April 22, 2010

By Popular Request

J— said...



Not shown: Five copies of the application and the three year waiver binder go to HUD, plus three copies each of the third party reports (and a full size set of as-built plans).

Per Fex Ex:
Service type: FedEx Standard Overnight
Number of pieces: 3
Total shipment weight:50.00 lb

Bonus picture!

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Thursday, January 14, 2010

Morning Hatebeak



As seen at the H.o.S.

And now for the daily question: shave, shower, put on a suit+tie and go to hell work, or drink myself silly silliest and go back to bed?

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Tuesday, January 5, 2010

Thursday, September 17, 2009

Goldman Sachs - Boeing 2012!



I don't see how we're ever going to get this cat back into the bag.

I see a 2012 election between Goldman Sachs-Boeing and United Health Care-Archer Daniels Midland. Guns and money versus health insurance and corporate farming.

May the greediest and most corrupt win (as usual)!

P.S. If the above wasn't entirely clear, I blame the hour and the headache. What I'm saying is with representation like this, why not just give up the pretense that our Senators and such as do anything besides serve the corporations that purchased their souls.

Anyways, here's TIME magazine, seeking to improve my day!


If you get your information from liberal sources, the crowd numbered about 70,000, many of them greedy racists. If you get your information from conservative sources, the crowd was hundreds of thousands strong, perhaps as many as a million, and the tenor was peaceful and patriotic.

Take it away, Glennzilla
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