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Archive for the ‘Politics’ Category

Senator Elizabeth Warren Speech- fighting for working people

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Senator Elizabeth Warren addressed the AFL-CIO National Summit on Raising Wages Jan 7, 2014 in Washington, D.C.

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2014 “Noam Chomsky”: Why you can not have a Capitalist Democracy!

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70% of Americans have no impact on government and are enslaved by Plutocrats who run our rigged system

Congratulations chumps! You are now on the hook for $303 Trillion in Derivatives

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wage slave

Congratulations chumps! You are now on the hook for $303 Trillion in Derivatives

Daily Kos 12/15/14

Before Glass-Steagall was repealed in 1999, Wall Street was on the hook for bad bets with derivatives. During the real estate bubble the taxpayer was on the hook for these casino chips.

Then came the 2008 meltdown and Dodd-Frank was pushed through. The taxpayer was off the hook for six years. But now Congress rolled over for Wall Street and the taxpayer is on the hook again…..

Did Wall Street Need to Win the Derivatives Budget Fight to Hedge Against Oil Plunge?

naked capitalism 15 Dec 2014

Conventional wisdom among banking experts is that Wall Street’s successful fight last week to get a pet provision into the must-pass budget bill (or in political junkies’ shorthand, Cromnibus) as more a demonstration of power and a test for gutting Dodd Frank than a fight that mattered to them. But the provision they got in, which was to undo a portion of Dodd Frank that barred them from having taxpayer-backstopped deposits fund derivative positions, may prove to be more important than it seemed as the collateral damage from the 40% fall in oil prices hits investors and intermediaries….

 

Cromnibus Pension Provisions Gut Forty Years of Policy, Allow Existing Pensions to Be Slashed

naked capitalism 15 Dec 2014

The Kline-Miller amendment allows multi-employer pension benefits to be cut. Shouldn’t Warren Democrats be against that? ….

The baleful influence of corporate power

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CorporateEarth2

Over 100 years ago, it was a Republican who warned us about the baleful influence of corporate power on representative government.

Today the business once transacted by individuals in every community is in the control of corporations, and many of the men who once conducted an independent business are gathered into the organization, and all personal identity, and all individualities lost. Each man has become a mere cog in one of the wheels of a complicated mechanism. It is the business of the corporations to get money. It exacts but one thing of its employees: Obedience to orders. It cares not about their relations to the community, the church, society, or the family. It wants full hours and faithful service, and when they die, wear out or are discharged, it quickly replaces them with new material. The corporation is a machine for making money, but it reduces men to the insignificance of mere numerical figures, as certainly as the private ranks of the regular army.

from  The Texas Economic Miracle Is Killing People by Charlie Pierce

 

Congressional report: Did Certain Foreign Governments Facilitate 9/11 ?

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A Congressional report titled “Finding, Discussion and Narrative Regarding Certain Sensitive National Security Matters” … has gotten zip coverage by the media. This report can be read only by heads of Senate and House intelligence committees and, with their permission, by Members of Congress who are carefully guarded and not allowed to take notes.

Friday, August 29, 2014 INFORMATION CLEARING HOUSE (ICH)

Did Certain Foreign Governments Facilitate the 9/11 Attacks?

By JUSTIN RAIMONDO
…….”One or more foreign governments,” eh? Who in the Middle East – or anywhere else, for that matter – are among “those whom we thought we could trust”? That doesn’t sound like the Saudis to me. Would anyone really be surprised or “disappointed” to learn that they were playing games behind our back?

[Kentucky’s 4th district] Rep. Thomas Massie’s statement is even more revealing: “I had to stop every two or three pages and rearrange my perception of history. And it’s that fundamental – those 28 pages ….It certainly changes your view of the Middle East.”…

read entire article here
 
 

Tell Congress: no more weapons of war for local police

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Sign the petition here to protect Free Speech and De-militarize the Police.

       I suspect even they will appreciate it!

Update:  Police aren’t just using military-issued weapons, they’re LOSING themFusion Investigates

The United States Of Cruelty

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By Charles P. Pierce,  June 24, 2014    Esquire

……We cheer for cruelty and say that we are asking for personal responsibility among those people who are not us, because the people who are not us do not deserve the same benefits of the political commonwealth that we have. In our politics, we have become masters of camouflage. We practice fiscal cruelty and call it an economy. We practice legal cruelty and call it justice. We practice environmental cruelty and call it opportunity. We practice vicarious cruelty and call it entertainment. We practice rhetorical cruelty and call it debate. We set the best instincts of ourselves in conflict with each other until they tear each other to ribbons, and until they are no longer our best instincts but something dark and bitter and corroborate with itself. And then it fights all the institutions that our best instincts once supported, all the elements of the political commonwealth that we once thought permanent, all the arguments that we once thought settled — until there is a terrible kind of moral self-destruction that touches those institutions and leaves them soft and fragile and, eventually, evanescent. We do all these things, cruelty running through them like hot blood, and we call it our politics…..

read full article here