The Chicago Tribune is reporting that the federal government has spent almost a billion and a half dollars to explore politically popular but scientifically dubious claims such as $666,000 to determine if distant prayer could heal AIDS. It didn’t. I would be interested in how this was tested. I cannot get the image of Lyn Cassady praying at a goat in a secret military lab.
Category: Congress
Just as Henry V rallied the thin, tired troops on the eve of the Battle of Agincourt, it is time to make that final call for votes in this year’s competition for the top opinion blog by the American Bar Association. There are now just two days left and, while we have pulled ahead in the last week, the contest remains very close with one of the top five largest legal blogs. If you like our blog, it is time to pony up and vote.
Continue reading “Just Two Days Left In The ABA Competition: We Need Your Vote!”
We previously discussed the ignoble effort of the Obama Administration and U.S. airlines to claim an exemption to the European pollution taxes that applies to all other airlines. They have now lost their case before the European Court of Justice — and the Obama Administration is promising to retaliate.
Best wishes to everyone celebrating Christmas and Hanukkah. Continue reading “Merry Christmas To All”
Submitted by: Mike Spindell, guest blogger
It’s Christmastime again and since my childhood, long ago, the Frank Capra film “It’s A Wonderful Life” has been shown time and again in this season, providing a message of redemption, hope and joy that we associate with this time of year. You all know the plot about selfless George Bailey (James Stewart) a man who has sacrificed his dreams for others and because of his selflessness winds up running the Bailey Building and Loan Association, of Bedford Falls, NY. Because of George this institution has provided home loans for the poor of this rural community and serves as its bank. With the Company on the verge of bankruptcy, through duplicity, George is on the verge of suicide distraught over the losses to those he loves and worried by needs of the average people of his town. You all know this plot and if you don’t its summary is here. http://en.wikipedia.org/wiki/It%27s_a_Wonderful_Life#Plot . I must warn you, perhaps it’s the time of year but I choked up reading the plot, yet again, as I do every time I see this beloved movie.
This introduction has not been made because I’m about to write about banks, or the depredations of the banking industry. Others here and our host have already written extensively on the predatory nature of the banking industry and the harm it has caused to our country. My point of this opening is that we have all grown up with certain mythologies about businesses that provide financial services to the public. This film has had a place in defining that American mythology, in this instance about a bank of sorts, whose leader believes in aiding the community first and profits second. Myths shape our thinking and from my youth I still remember the ad slogan “You have a friend at Chase Manhattan”.
We’ve discovered that banks are anything but our friends. Their bottom line has surpassed service to the point that each customer is looked at as a “cash cow”, to be plundered incessantly with usurious interest and fees for what should be free services. But what about “You’re in Good Hands with Allstate”, “Nationwide Is On Your Side”, or “Like A Good Neighbor State Farm is There”? Surely the Insurance industry supplies the safety net we want for our homes and cars. Do they? Last week I was sent an article by the Independent Claims Adjuster handling my interminable case for mold damage to my home. He’s helping greatly so this isn’t about me, but the article he sent certainly puts into context all the delays in the process and how property insurance companies are maximizing their profits at the expense of their customers. Continue reading “The Real Insurance Frauds”
Former House speaker Newt Gingrich appears to be running against the Constitution as much as against President Obama these days. Gingrich has been promising to round up judges who do not agree with him — statements that have even conservative figures like Michael Mukasey, former attorney general during the George W. Bush administration, denouncing him. Mukasey was the attorney general who blocked prosecutions into torture, but finds Gingrich truly scary. I am currently scheduled to be on Hardball tonight to discuss this latest attack on the judiciary.
Continue reading “Gingrich: I Will Arrest Federal Judges”
Submitted by: Mike Spindell, guest blogger
Sometimes a story comes around that writes itself and merely needs highlighting of certain facts to make its points. This link below will provide concrete data on why this country has become a corrupted corporatist state, along with why the federal budget deficit is so high. Its title is “For Hire: Lobbyists or the 99%? How Corporations Pay More for Lobbyists Than in Taxes”
http://publicampaign.org/sites/default/files/ReportTaxDodgerLobbyingDec6.pdf
What this document clearly shows, with highly readable charts is that 30 of the top US Corporations not only pay more for lobbying than in taxes, but in fact that they receive huge tax credits, although being highly profitable. Over a three year period 2008-2010 these companies had combined profits of $163.691 billion, received tax credits of $10.602 billion and spent $475.67 million on lobbying. Only one of these companies, FedEx, actually paid taxes. They paid $37 million in taxes, on a profit of $4.247 billion and spent $50.81 million for lobbying. As you might guess the most glaring example was General Electric whose profits were $10.460 billion, received tax credits of $4.737 billion and who spent $84.35 million in lobbying.
I could certainly provide you with commentary on this report, but the starkly written manner of the report and the easily read charts do a far better job of explanation, than would my rhetoric. The next time someone comments on the “theft” that is taxes and the need to defend the 1% and their corporations from government intrusion show them this. If they defend the inequity shown here then you will know they are either part of the 1%, brain-washed or brain dead. It isn’t of course that many of us haven’t known the state of things, or these facts, we have discussed them here repeatedly. Nevertheless, each time the message of the destruction of our Constitution, our America and our people in the service of greed and ego is shown to me, my blood boils. Please check out the link and share your thoughts.
Submitted by Mike Spindell, guest blogger
“Ian Fletcher is Senior Economist of the Coalition for a Prosperous America, nationwide grass-roots organization dedicated to fixing America’s trade policies and comprising representatives from business, agriculture, and labor.” http://www.prosperousamerica.org/2011/02/23/ian_fletcher/
Mr. Fletcher wrote an article in HuffPost this week titled ” Why Is the American Left So Ineffective in Economics?” http://www.huffingtonpost.com/ian-fletcher/why-is-the-american-left-_b_1142615.html?ref=politics&ir=Politics . On my first reading of this article, I sped through it cursorily, with general agreement and approval, book marking the link for further reference. As the day went on the article remained stuck in the back of my mind, for there was something about it that disturbed me, but I couldn’t quite figure out why. I looked up Mr. Fletcher’s credentials and they seemed good and certainly not one of being a Corporatist economist. The Coalition for a Prosperous America appears a worthwhile middle-of-road organization, whose supporters include labor unions, as well as medium and small businesses. They look askance at current US trade policies and that is a view with which I agree. Mr. Fletcher has a book titled: “Free Trade Doesn’t Work” http://www.freetradedoesntwork.com/ which people I respect like Fritz Hollings and Thom Hartmann have praised. In it he discusses how there is a free-trade hegemony of both Democrats and Republicans representing the Washington establishment and marginalizing all the voices who disagree with free trade policies. This hegemony is what I describe as the Feudalist Corporatocracy. This is a man with who I’m in general agreement, why then my discomfort with his thesis in this article?
This article opens up with the following paragraph: “Anyone who’s still in a state of denial about the thesis implied by the title of this article can stop reading right here. I’ll just assume it’s obvious enough that we can take it as a given.” He’s right, the thesis implied in the title is indisputable. The Left has been ineffective in combatting the economic policies started by Ronald Reagan’s election and has been in constant retreat from the onslaught of right-wing economic policies. This has been true to such an extent that Bill Clinton reaffirmed Alan Greenspan as the head of The Federal Reserve and Barack Obama reaffirmed G.W. Bush’s choice of Ben Bernake. Both of these men are little more than philosophical minions/co-dependents of Wall Street and the Big Banks. Where I take issue with Mr. Fletcher is in why he believes the Left’s economic weakness has come about. To me his view of the origins of this Left Wing retreat is shortsighted and ignores the 800 pound gorilla in the room. If we don’t understand the causes of problems we face, then no matter how prescient the analysis of their nature, we are almost powerless to combat them. Since the article in question is rather brief, I’m going to dispute it point by point. Continue reading “Is the American Left Ineffective in Economics?”
The Supreme Court today accepted cert in the challenge to Arizona’s tough anti-immigration law. In a loss to the Administration, Associate Justice Kagan recused herself from the case.
Continue reading “Supreme Court Takes Arizona Immigration Case — Kagan Recuses”
Respectfully Submitted by Lawrence Rafferty(rafflaw)-Guest Blogger
Now that I have gotten over the Bears overtime loss to the Bronco’s, it is time for the Night Shift to get to work. I imagine that most of us remember the so-called “Gang of Fourteen” that came to prominence during the George W. Bush Administration. This group of Senators actually decided that the Senate should give all Judicial nominees an up or down vote in the full Senate except in some very extreme circumstances. “In 2005, a group of senators known as the “Gang of 14” determined that all judicial nominees should receive an up-or-down vote absent “extraordinary circumstances.” As Senator Lindsey Graham explained the agreement at the time,’ “ideological attacks are not an ‘extraordinary circumstance.’ To me, it would have to be a character problem, an ethics problem, some allegation about the qualifications of a person, not an ideological bent.” ‘ American Constitution Society It is a shame that the Gang of Fourteen, or at least the survivors of that group have decided that politics is more important than fairness! Continue reading “Filibusters Gone Wild”
Submitted by: Mike Spindell, guest blogger.
During the Cold War a phrase “The Enemy Within” became popular. It was a reference at first to Communist subversion exemplified by Senator Joseph McCarthy’s witch-hunt. Later it was used with other issues such as in Robert F. Kennedy’s book “The Enemy Within” which dealt with corruption in the Labor Movement, specifically Jimmy Hoffa and his teamsters. Recently, Michael Savage, right wing talk show host, wrote a book using that same title, though in this case referring to liberals and progressives as being seditious. The connotation of this phrase is that the group so labeled represents an internal movement that is so dangerous to the interests of the United States, that it can be seen as subversive.
Some may be shocked then by the title of this post. Almost all of us have grown up thinking of the Chamber of Commerce as a uniquely American Institution. Throughout the US whether in cities or in hamlets, the business community has banded together to promote local commerce and build interrelated networks. When we think of this, we think mainly of local small businesses, which are the backbone of this nation’s economy. To be honest until this week I’ve never give much thought to the Chamber of Commerce until as a MoveOn.com member I received a petition from an affiliated new organization called SumOfUs.
“SumOfUs is a brand-new global movement of consumers, investors and workers using our collective economic power for good. Together, we will work to hold the world’s corporations accountable to the public interest and move our global economic system towards social equity, democratic principles, and long-term sustainability.” http://googlequitthechamber.org/about/
The purpose of the petition was to get Google to follow the lead of other large corporations and quit the US Chamber of Commerce. The petition made various claims regarding the US Chamber of Commerce which I’ll deal with in this post.
However, I wouldn’t present this post without doing some research on the “Chamber” and its’ activity to look into the validity of the claims being made by the SumOfUs organization. In doing this research I came to realize that in my opinion the United States Chamber of Commerce is an organization that does not act in the best interests of this country and that one can call it subversive, even though it is not treasonous. These are my reasons for this belief. Continue reading “The US Chamber of Commerce, the Enemy Within?”
This week, we witnessed an extraordinary appearance from House Minority Leader Nancy Pelosi who told reporters that she has dirt on Newt Gingrich and would reveal at some later date — suggesting that the embarrassing disclosure would come from her service on an ethics review of Gingrich when he was House Speaker. I have been a long critic of Gingrich for some of his statements and policies, but I find Pelosi’s statements to be reprehensible and unethical. What concerns me, again, is the relative absence of criticism from Democrats who should show more principle in denouncing this type of politics.
Continue reading “Did Pelosi Violate House Rules or Commit Defamation In Claiming Dirt On Gingrich?”
In one of the greatest attacks on civil liberties in this country’s history, Democratic and Republican Senators voted yesterday to approve a measure as part of the $662 billion defense bill that would allow for the military to hold both citizens and non-citizens indefinitely without trial — even those arrested on U.S. soil. In a welcomed change, President Obama has committed his Administration to fighting the measure as inimical to the rule of law. The measure was pushed by Carl Levin (D – Michigan) and John McCain (R – Arizona). While some members of Congress like Ron Paul (R., Texas) have denounced the bill, the measure passed at the same time that Administration lawyers publicly declared that the military and intelligence agencies alone should decide whether a citizen should be killed without a charge or hearing (including killing citizens on U.S. soil) — a position supported by President Obama who has ordered the killing of U.S. citizens under his claim of inherent authority.
Continue reading “Senate Votes Overwhelmingly To Allow Indefinite Detention of Citizens”
Respectfully submitted by Lawrence Rafferty(rafflaw)-Guest Blogger
Now that I have digested some wonderful Thanksgiving food and celebrated my grandson’s first birthday, it is time to get back to work. In light of the recent calls by Rep. Paul Ryan, Rep. Eric Cantor and former Speaker and current GOP Presidential Candidate Newt Gingrich to terminate the non-partisan Congressional Budge Office (CBO), I couldn’t help but wonder why the Republicans have a problem with the CBO? The CBO has been critical of both parties legislation in the past when the numbers just didn’t add up. Could this latest announcement by the CBO that the Obama Stimulus package of 2009 is still stimulating the economy be the last straw for the Republicans in their support of the Congressional Budget Office? Continue reading “The Stimulus is Still Stimulating”
Submitted by Gene Howington, Guest Blogger
UPDATED: Newton’s Third Law of Motion is commonly expressed by the phrase “for every action, there is an equal and opposite reaction”. The action in question is the Occupy Wall Street Movement. The reaction in question is fear.
Huffington Post obtained a copy of a memo being sent by high-powered Washington lobbying firm Clark, Lytle, Geduldig, Cranford to one of its major Wall Street clients over Thanksgiving. Previously unnamed, it has been revealed that the major Wall Street client in question is the American Bankers Association. The four page memo was first revealed by MSNBC’s Chris Hayes, host of the show “Up with Chris Hayes“. The first two paragraphs of the memo are indicative of the mood and probably sets the tone for what many in the lobbying industry are having to admit as an inconvenient truth. Namely the truth that the OWS Movement is gaining traction for their cause and doing so in such a way that politicians are eventually going to be forced to put on the appearance of action in bringing the criminals on Wall Street to justice if not actually bring them to justice. The fear on behalf of the lobbyists and their Wall Street clients is palpable.
The first two paragraphs of the Thanksgiving Memo read as follows:
Continue reading “The Smell of Corporatist Fear, Smells Just Like . . . a Lobbyist Memo”