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Amnesty for the Indefensible

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Posted on Aug 23, 2011
White House / Pete Souza

By Robert Scheer

They will get away with it, at least in this life. “They” are the Wall Street usurers, people of a sort condemned in Scripture, who have brought more misery to this nation than we have known since the Great Depression. “They” will not suffer for their crimes because they have a majority ownership position in our political system. That is the meaning of the banking plea bargain that the Obama administration is pressuring state attorneys general to negotiate with the titans of the financial world.

It is a sellout deal that, in return for a pittance of compensation by banks to ripped-off mortgage holders, would grant the banks blanket immunity from any prosecution. That is intended to short-circuit investigations by a score of aggressive state officials, inquiries that offer the public a last best hope to get to the bottom of the housing scandal that has cost U.S. homeowners $6.6 trillion in home equity in the past five years and left 14.6 million Americans owing more than their homes are worth.

The $20 billion or so that the banks would pony up is chump change to them compared with the trillions that the Fed and other public agencies spent to bail them out. The banks were given direct cash subsidies, virtually zero-interest loans, and the Fed took $2 trillion in bad paper off their hands while the banks exacerbated the banking crisis they had created through additional shady practices, including fraudulent mortgage foreclosures.

Yet the administration has rushed to the aid of the banks once again and is attempting to intimidate the few state attorneys general who have the gumption to protect the public interest they are sworn to serve. As Gretchen Morgenson of The New York Times reported:

“Eric T. Schneiderman, the attorney general of New York, has come under increasing pressure from the Obama administration to drop his opposition to a wide-ranging state settlement with banks over dubious foreclosure practices. …

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“In recent weeks, Shaun Donovan, the secretary of Housing and Urban Development, and high-level Justice Department officials have been waging an intensifying campaign to try to persuade the attorney general to support the settlement. …”

Donovan has good reason not to want an exploration of the origins of the housing meltdown: He has been a big-time player in the housing racket for decades. Back in the Clinton administration, when government-supported housing became a fig leaf for bundling suspect mortgages into what turned out to be toxic securities, Donovan was a deputy assistant secretary at HUD and acting Federal Housing Administration commissioner. He was up to his eyeballs in this business when the Clinton administration pushed through legislation banning any regulation of the market in derivatives based on home mortgages.

Armed with his insider connections, Donovan then went to work for the Prudential conglomerate (no surprise there), working deals with the same government housing agencies that he had helped run. As The New York Times reported in 2008 after President Barack Obama picked him to be secretary of HUD, “Mr. Donovan was a managing director at Prudential Mortgage Capital Co., in charge of its portfolio of investments in affordable housing loans, including Fannie Mae and the Federal Housing Administration debt.”

The HUD website boasts in its bio of Donovan that “under Secretary Donovan’s leadership, HUD has helped stabilize the housing market and worked to keep responsible families in their homes.” If that is so, we have to assume that the tens of millions savaged by an out-of-control banking industry were not “responsible.” And if the housing market has in any way been “stabilized,” why did the Commerce Department report Tuesday that new home sales have dropped for the third month in a row? 

Shifting the blame from the swindlers to the victims is the cynical rot at the core of the response of both the Bush and Obama administrations to the housing collapse. It is a response that aims to forgive and forget the crimes of Wall Street while allowing ordinary folks to sink deeper into the pit of debt and despair. It infects Donovan and many others who claim to be concerned for the very homeowners they are betraying by undermining the few officials such as Schneiderman who seek to hold the bankers accountable.

In her article about the pressure being brought to bear on Schneiderman to go along with the sellout, Morgenson reported that according to an attendee at a memorial service this month for former New York Gov. Hugh Carey, as Schneiderman was leaving he “became embroiled in a contentious conversation with Kathryn S. Wylde, a member of the board of the Federal Reserve Bank of New York who represents the public.”

When interviewed by Morgenson, Wylde claimed that her conversation with Schneiderman was “not unpleasant” but that she told him “it is of concern to the industry that instead of trying to facilitate resolving these issues, you seem to be throwing a wrench into it. Wall Street is our Main Street—love ’em or hate ’em. They are important and we have to make sure we are doing everything we can to support them unless they are doing something indefensible.”

When haven’t they done that?

Click here to check out Robert Scheer’s new book,
“The Great American Stickup: How Reagan Republicans and Clinton Democrats Enriched Wall Street While Mugging Main Street.”


Keep up with Robert Scheer’s latest columns, interviews, tour dates and more at www.truthdig.com/robert_scheer.

Click here to check out Robert Scheer’s book,
“The Great American Stickup: How Reagan Republicans and Clinton Democrats Enriched Wall Street While Mugging Main Street.”


Keep up with Robert Scheer’s latest columns, interviews, tour dates and more at www.truthdig.com/robert_scheer.



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Gabriel's avatar

By Gabriel, September 1, 2011 at 7:14 am Link to this comment

@John R
Thanks ... but it’s much more than u say.

We must use Free energy, ambient energy that comes form Earth processes and cycles, from our sun and beyond.

We must restore Earth to it’s previous flourishing state via permaculture, desert reclamation, natural processes and comprehensive cleaning tech, stopping most dirty tech, restore water to living water, stopping HAARP and related destructive tech, restore Hemp for most products etc. etc.

We must show that we can get above the crap of today, show tolerance and respect for others not like us, love peace and real support for the downtrodden ... and actually help them.

We must get out of this cycle of hate and fear that has been forced on us by Elites.

We are already receiving help/intervention by passing of knowledge to save ourselves: All those ancient records, crop circles, Tesla Buddha Kennedy MLKing and many other Free thinkers, direct contact http://www.youtube.com/watch?v=8CcxK7X7ZxQ
Note: we need be very careful as today’s graphics is high end and much deception is presented by MSM.

Contact is being done with average individuals and not elites .. as elites have been found obviously untrustworthy. Then we have STS-75 footage with object tracking http://www.youtube.com/watch?v=Q2DVeil21gc

Elites are not stupid, they been at this game of farming humans for a very long time. Levels of deception are composed of many layers and many ways. Yet they can’t build a crop circle between 5 to 15 minutes and 100 to 500 meters, they can’t get out of way of particle and plasma weapons as true UFO’s can.

Elites reverse engineered ufo type craft wobble, loose power unexpectedly, can’t travel in outer space, also restricted within Van Allen Belt, subject to EM pulses and they should have ‘Made in Taiwan’ stamped on them.

Most by now know the Elite script http://www.youtube.com/watch?v=4z5ADn8081A and are savvy about it.

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Gabriel's avatar

By Gabriel, August 31, 2011 at 3:20 pm Link to this comment

@cpb

Obviously you’re having a hard time putting the pieces together or playing devil’s advocate.

Elites/Monarchy are STEALING Our Internet by investing in Universities and schools, garbage software like Microshit/Microsoft, creating ISP’s built on fraud, Net Neutrality acts/bills, getting spy agencies / security agencies involved, police oversight, shills to spread misinformation and Trolls to do the dirty work.

We The People paid for it ... the infrastructure, upkeep, innovations, software .. everything! Big Business has NOT contributed one thing to better Our Internet, not one.

Your diatribe of, “Uhmmnn, ok.  Rather than explain how it’s not the elites in control of the net, something which all evidence says
is preposterous, you are advocating for ancient origins beyond our blue planet to which the chosen will ultimately be transported in rescue.  That’s just special.” is just that ... diatribe.

Now your comment is definitely “troll-like behavior” as it makes false and misleading claims, taking words out of context and manipulating the subject. With your track record on TD and rest of your online profile the Admins of Our Internet, The real Admins, know exactly what you’re about. They know everything there is to know about you ... all your electronic devices and their content, including the wall plug you use in which part of your dwelling.

Car has a computer or radio? They know where you are and have been.
Cell phone? It’s not encrypted and therefore free to browse.
Banking? Now there’s a good one.
etc. etc.
Missiles use computers / electronic devices? Down they go.
Tanks, spy agencies, economy/stock market, private contractors, buildings that use electronics, satellites? Same.
What’s more important is tech i don’t mention.

So who are the Real Admins? Highly experienced former and present Techies who have infiltrated every part of ruling class, spy agencies, police, military, business and rest of it. They are someone’s brother, sister, mother, father, aunt, uncle, neighbor and everyone that’s been wronged by Elites. They are all http://www.youtube.com/watch?v=gP9q61Fjlqo
If you haven’t already I suggest you watch listen and comprehend this as your life will probably depend on it. Pick a side as many of those in the middle will fall.

About 7 Billion Men and Women on Earth and only about 10,000 elites, at most. Which do you think is going to win?

I’d say it’s going to be interesting to watch Elites get their own medicine. Those bloodlines who started and continued abuse over 1,000’s of years are in for one big surprise.

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John R.'s avatar

By John R., August 31, 2011 at 1:26 pm Link to this comment

@ cpb

Gabriel I’m understanding you. Currently we are a class zero civilization. Still
dependent on fossil fuels. 

To reach a Class 1 we must power everything with renewable energy.

Fossil fuels are the bread and butter of big business, corporations, etc.

Those owners, major share holders, along with suppressing governments that
do the corporation bidding are keeping mankind (do to greed of capital) from
reaching class 1.

This of course is the big rub.

I do not believe there will be any intervention by a galactic community. I believe
we are required to (get there) on our own.

Any intervention anyways would not be from those that would help.

Any intervention would only be from an exploitive race (disguised) as help.

As to if a galactic community even exists?

Do you trust the opinion of the people (Military Officers) who are at the
controls of intercontinental ballistic missiles?

Watch the whole thing please.

http://www.youtube.com/watch?v=zT0EP4mP1lI

So - if a galactic community is watching, the entire human race will need to
cooperate and prove to them we are are intelligent enough to overcome our
personality disorders.

If we don’t, Class 1, 2, 3, will never emerge on earth. Humans not making the
transition to a higher intelligent condition. Galactic community or not, this is
what we should be striving for. Empathy and help for that stranger on the
opposite side of the planet.

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cpb's avatar

By cpb, August 31, 2011 at 8:53 am Link to this comment

Gabriel - “Therefore the Internet and rest of our
communications are the gauge by which we are accepted or
rejected to Universal, or more so, Galactic Community.
Because there’s NO FRIKEN WAY they will let us off this
planet this time around if we don’t learn and shape up.”

Uhmmnn, ok.  Rather than explain how it’s not the elites
in control of the net, something which all evidence says
is preposterous, you are advocating for ancient origins
beyond our blue planet to which the chosen will ultimately
be transported in rescue.  That’s just special.

Report this
Gabriel's avatar

By Gabriel, August 31, 2011 at 4:57 am Link to this comment

@cpb
What most don’t know is Origins of Our Internet go back to Tesla and his plans for Free wireless electricity and communications. Ever since Elites have been trying to figure out how to secure such transfers to make profits and hide their actions.

Finally DOD got ARPA [Advanced Research Projects Agency] to design a Net for them. It was rejected by US DOD as totally insecure and given to Universities and Learning Institutions “for betterment of all”.

Universities advanced ARPA to a distributed network where if a node [computer] went dead others would still communicate. In reality each node has many ways to communicate as there are limitless frequencies. This translates to nearly impossible to stop communications.

Our Internet is a limited net by now regulated frequencies, devices and wired part of net. You must keep in mind there are 1,000’s of nets that are not part of Internet. This facilitates a communication system from hell, more like the universe, to Elites as they are not able to stop it.

There are people out there that have 90% of communications the Elites ever did and ALL their secrets. There are massive data centers all over which Elites don’t know about. What you see on the Internet is not even 0.001% of what actually goes on. Wikileaks is only a minor part of that ... it’s only a small wake-up call.

To boot, people have gleaned much tech from ancient records to be about 100 steps ahead of Elites, especially the industrial military complex. There’s a war going on behind the scenes which is way ahead of what you will ever see on the news. Main Stream News is The deception. If it’s not triple encrypted [as a minimum] it’s gone. This is literally an information war over the hearts and minds of everyone.

If you want to know what’s going on then study so-called ancient records and bring it up to speed of today. Sitchin, Tesla, Einstein, Sagan, Suzuki, Haramein and others are only scratching the surface. One will come who will unite Men and Women of Earth and then it’s game over or Elites.

Elites are scared, very scared, that people will depose them and hang them for what they have and are doing to life on Earth. If that’s not enough, those who created us are up there watching and ready to pounce on lying deceptive Elites.

All it would take is a mass call from humanity and all Elites will be toast. Yet humanity is being given a chance to fix their problems and to learn what Freedom, Sovereignty and Ethics really are. Hence a rule of noninterference to lesser species.

Therefore the Internet and rest of our communications are the gauge by which we are accepted or rejected to Universal, or more so, Galactic Community. Because there’s NO FRIKEN WAY they will let us off this planet this time around if we don’t learn and shape up.

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cpb's avatar

By cpb, August 30, 2011 at 7:26 pm Link to this comment

@ Gabriel,

I do not doubt that ‘control of the masses’ has been a consistent priority of those who went from openly controlling things to hiding behind the curtain.  “Follow the Yellow Brick Road” meant more than a cute story before Judy Garland came along and the message was utterly co-opted.  I’ve gone surfing down such links as you provide before and I do find some intrigue in the story being presented.  Given more time and freedom (freedom??), I’d be coming back to you with more to say on the topic.

You’ve ignored my second point however.  You made a statement regarding the ‘purpose of the internet’, and I don’t find anything to address this point in your last post.  The elite created the internet to be their own downfall was the implication I took from your statement: “More and more people are learning as ruling class is being exposed. This is the real purpose of the internet.  Ever since “dot com” bubble this info has been spread like wildfire. Millions of people are learning much more than i present here, more so after housing bubble and bank bailouts.”

So, are you able to address this question or not?

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Gabriel's avatar

By Gabriel, August 29, 2011 at 5:59 pm Link to this comment

@cpb
Ok, since you need it handed on a silver platter here it is in a nutshell.

Ever since Pilgrims came to Americas the fight has been on over control of the people by any means available to British Royalty ... Money, debt, contracts, wars, lies etc.
Europeans couldn’t have Free Men and Women spoil their business of farming humans and stop stealing from Indigenous Sovereign Men and Women.

The fight was on til British won by devious means. It was easier for Canada as it was already a British colony. With USA it had to be done by force and deception as certain Free individuals didn’t like being controlled.

Get your accounting and thinking caps on as the British Mafia devised an extensive fraudulent scheme. Words being spoken are very exact, so listen up:

How Canada and USA are setup: http://www.youtube.com/watch?v=9ZfvfVbl6A4&playnext=1&list=PL03F7735DBB8D691C

More detail on USA, British and world banking: http://www.youtube.com/watch?v=P2TDzCLwBns&feature=BFa&list=PL7AF780F9B727B731&lf=autoplay

Also Robert: Menard is a great source of info for anyone wanting to become Free again: http://www.youtube.com/user/mrmitee
Note: this does not mean you don’t have to do your own research. It’s suggested to form small groups and do extensive studies, learn from those who have succeeded and always learn The Law of the Land.

How to pay off your debts: http://projectarise.com/debtelimprocesses.php

Therefore Federal Reserve is a private British corporation. It has no right to be printing money for USA Government ... for the Free Men and Women on United States for Americans. Any business or operation that is under this system is operating in Unlawful manner.

Men and Women of USA are literally paying off a fiat/fictitious debt created via British Mafia system. This is directly under control of Bank of England and it’s investors. Some of them being Rothschild dynasty, 6 major land owners of England, Deutsche bank, Committee of 300 / East India company and related others.

99% of problems would cease to exist if Federal Reserve and its linked affiliates were prosecuted for fraud and it’s members and investors jailed for life.

All the politics on here are just games played by those who don’t know or refuse to see the accounting scams perpetrated.

The only way to win against those bastards is to learn how to “discharge debt” / regain your rightful property, only use coins, evict them back to Britain by force and create cheap money that has no debt attached.

Report this

By ardee, August 29, 2011 at 3:22 pm Link to this comment

Real dumb, that - really quite stupid.

POST SCRIPTUM

Good exchange and thank you.

Are all democratic loyalists idiots? Rhetorical question….Are all democratic loyalists on this forum idiots? Most likely not but proof is lacking I fear…:-)

Insulting and then claiming “good exchange”..you gotta be kidding. Are you really the “ILL Wind”..no I refuse that as you, at least, actually have a brain. Shame that you refuse to use it when anything democratic party is involved.

Speaking of stupid, believing that the toadies in Obama’s administration, all graduates of the Goldman Sachs school of greed and crime, are “good choices” , especially in the face of our current economic disaster, seems to qualify for that award, or epithet.

By the by, he who will not read needs repetition I guess:

The Corporation as a whole was labeled an “artificial person,” possessing both individuality and immortality. 1819 not 2010

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cpb's avatar

By cpb, August 29, 2011 at 1:45 pm Link to this comment

@ Gabriel,

1.  You’re referencing facts regard to Britain and not
making the link for folks that might be interested from
a US perspective.  You are doing so on a US based site.

2.  You think freeing the masses is the intended purpose
of the internet?  Intended purpose?  Do you not
understand where the internet came from?  Do you really
think your ability to sound off in blog forums will
inevitably have us all marching our plutocrats off the
end of the dock?

3.  Combining the above two points I would conclude that
you are still, to some extent, whether your intentions
are noble or not, exhibiting behavior which one can
characterize as Trollish.

Let us know when you’ve sued Cameron and been granted
freedom will you please?

Report this
Lafayette's avatar

By Lafayette, August 29, 2011 at 11:56 am Link to this comment

JUST THE FACTS, MA’AM

RL: The global market leads a life of its own - the monster is not under our ‘democratic’ political control.

This “thing” you call a Global Market is not a monolith run by a “Committee of 5” that has the controls at their fingertips.

The Global Market consist of a major center in New York, another in the City of London, a third in Paris, a fourth in Tokyo, etc. etc. etc.

And each of those markets have a National Government looking over their shoulders. In fact, there is a committee, called BasleII, that was established to devise a means of overseeing those markets.

The G20 has agreed to put together, by means of BasleII, measures to assure that banks have sufficient reserves in proportion to their speculative positions. There is already a mechanism by which Offshore Banks (on islands) must sign a Disclosure Agreement if a signatory country requests information regarding the accounts of its citizens.

BasleII might even get to putting up a Tobin Tax on international financial transactions.

MY POINT

All sorts of measures are being taken to bring some order to the Global Banking Market. If you want to know about the extent of them, the information is all over the Internet.

However, if the facts bore you, then one can understand your reasons for posting polemic instead.

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Gabriel's avatar

By Gabriel, August 29, 2011 at 11:44 am Link to this comment

@cpb, August 27 at 11:08 pm

High standards? LOL

Ruling class gets this kind of education from birth. This is only a tiny fraction of what actually is. More and more people are learning as ruling class is being exposed. This is the real purpose of the internet.

Ever since “dot com” bubble this info has been spread like wildfire. Millions of people are learning much more than i present here, more so after housing bubble and bank bailouts.

PPL can follow my links back and learn the basics on their own. They can further create groups and get the full situation.
http://www.truthdig.com/report/item/power_of_the_big_idea_20110728/

Anyone who doesn’t know will end up with their house and property taken away to live in tent cities or end up dead. What everyone should be worried about is how many have died since “dot com” bubble needlessly at the hands of ruling class, especially the unreported.

Even if I can only help or wake up 1 individual on here it’s good enough for me. And comments like yours won’t stop me from trying.

Sheer is wrong! Everyone has the right to sue, charge, imprison or oust corrupt government, corporations and whole British ruling class system, according to The Law of The Land. This means by a Jury of their peers, not some pompous ass judges. Get enough PPL to do this and whole British system is dead.

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Lafayette's avatar

By Lafayette, August 29, 2011 at 8:04 am Link to this comment

DESTROY OBAMA

RD: The Corporation as a whole was labeled an “artificial person,” possessing both individuality and immortality.

But not the right of citizenship and therefore “freedom of speech” or any other mechanism by which citizenship is attributed.

They were clearly “legislating” from the bench.

</i>

RD: So, tell me Lafayette, as Roberts looks rather youngish was he really on the SC in 1819?

Yes, precisely, the Roberts’ SC judgment is exactly the sort of decision that we could expect from a Supreme Court in 1819.

Take note that we are nearly two centuries later.

<i>RD: The money, in large part, ties the candidate to the corporate, regardless of which party emerges victorious.

I agree and said as much. Reread the post.

RD: Would you dare to defend Obama from the charge of corporate lackey? Are you that happy with his appointments of endless financial industry leaders to his administration?

Surely you jest. Geithner was right for the job and he is still right for it.

The quotation above makes a mountain out of a mole hill, because you need someone/anyone desperately to blame the whole mess upon. But you refuse to look in the mirror. We are all blameworthy for the mess, some much, much more than others.

Nobody in his right mind can either equate or even find similarities between thiis administration and the Bush-Cheney debacle of relaxing market oversight authority that brought about the SubPrime Mess and the Great Recession of 2009.

And since you are trying so elliptically hard to paint Obama black (pun intended), one is left to suppose that you are shilling for the Replicants.

MY POINT

Otoh, let’s destroy Obama in the public eye. Paint him as bad as the others. Just another puppet manipulated by the Plutocrats. And the consequence will be to watch the Republicans waltz back into the Oval Office.

Real dumb, that - really quite stupid.

POST SCRIPTUM

Good exchange and thank you.

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cpb's avatar

By cpb, August 29, 2011 at 7:07 am Link to this comment

“Endless war, endless empire building, endless stealing
or attempted theft, of dwindling resources that is
simple pandering to the oil and gas industry are all
bipartisan efforts and will continue unabated regardless
of which party occupies our capital and our
legislature.”

Ardee

Yes indeed, except, perhaps ‘endless’ is inappropriate. 
Seemingly endless?  Until self destruction?  All things
must end, thank dog.  When and how are the questions. 
Soon and quietly?  Sigh…

Happy Monday TDiggers.

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By ardee, August 29, 2011 at 4:59 am Link to this comment

* The outright ineptitude of the Roberts Supremes who, abracadabra, made citizens of corporations. thus delimiting the amounts given (Amazingly, no legal system on earth has found a cogent reasoning for doing so.) That will likely occur ONLY if a Dem stays in office whilst the next SC judge is to be nominated by the PotUS.

Well, not quite:

In 1819, the U.S. Supreme Court granted corporations a plethora of rights they had not previously recognized or enjoyed Corporate charters were deemed “inviolable”, and not subject to arbitrary amendment or abolition by state governments. The Corporation as a whole was labeled an “artificial person,” possessing both individuality and immortality.

I do understand the argument, as a last gasp of democratic loyalists, that the appointment of a Supreme mandates the election of a democrat to the White House. I do object to the single and undefined “benefit” to the people of a possible appointment given the myriad of negative baggage that comes with the election of either party’s candidate.

So, tell me Lafayette, as Roberts looks rather youngish was he really on the SC in 1819?  wink

The power of money is not ,as you state, an equal benefit and thus a self cancelling one. This is yet another ploy in your attempt to wriggle out of admitting the culpability of your own party in the corporate takeover of our government. The money, in large part, ties the candidate to the corporate, regardless of which party emerges victorious.

Would you dare to defend Obama from the charge of corporate lackey? Are you that happy with his appointments of endless financial industry leaders to his administration? How about his decision to whitewash the obvious illegalities that crashed our economy and threw a million out of their homes, with another one and a half million in the eviction process? Shall we open the door of rendition and torture as well, and note the continuing operation of Guantanamo despite a promise to the contrary?

Endless war, endless empire building, endless stealing or attempted theft, of dwindling resources that is simple pandering to the oil and gas industry are all bipartisan efforts and will continue unabated regardless of which party occupies our capital and our legislature.

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Lafayette's avatar

By Lafayette, August 29, 2011 at 3:46 am Link to this comment

FIXING A BROKEN SYSTEM OF POLITICAL REPRESENTATION

RL: The disease of capitalist corporate greed is a pandemic which reaches into the White House and has no cure from any party policy.

If it reaches into the White House, I have explained many-a-time why.

Because the only way to get elected to office, whether dog-catcher or PotUS, is to have deep, deep pockets. The cost of the last presidential campaign was estimated, in total, at half a billion dollars.

Where to do you think anybody today, aside from a Plutocrat, is going to get their hands on that money? From five dollar donations of people like you an me?

Yeah ... when pigs sprout wings. Not even Romney is that rich.

Besides, the available information shows that large donors hedge their bets, one on each party. So, both parties are playing the numbers game. If both parties are getting funding, there is no real advantage to either one. Unless you aggregate Plutocrats of both colours - Red and Blue - into a Royal Purple.

I am willing to agree that money does indeed influence political policy-making and legislation. But to think that a PotUS would look the other way as regards criminal activity - well, that’s something the Bush-Cheney administration would pull.

MY POINT

Rather than lamenting, let’s fix the system. Here’s what (I suggest) is wrong with it:
* Gerrymandering - which tends to ossify parties into power, both at the state and national level of elective office.
* The outright ineptitude of the Roberts Supremes who, abracadabra, made citizens of corporations. thus delimiting the amounts given (Amazingly, no legal system on earth has found a cogent reasoning for doing so.) That will likely occur ONLY if a Dem stays in office whilst the next SC judge is to be nominated by the PotUS.
* The fact that unlimited adverting can swing voters - as if an election was about which soap powder washed whitest. What, ever, are the sheeple thinking when it comes to making a well-reasoned selection? We must find a way to help people understand better that electing officials is not only a right but a responsibility that must not be taken lightly. There ARE consequences, as the midterms have shown us all too well.
* The revolving-doors that, as it helps build careers, also helps sustain party funding - as well as the influence-peddling business.  Prohibiting government ex-employees from working with an industry for which s/he had oversight responsibility for four years should do the trick.
* We must fix the campaign funding mechanism by capping it on a per candidate basis. And we separate Candidacy Funding from Getting out the Vote Funding (which is pretty much the case of present legislation).
* A recall vote that would allow every two years for Congress-Reps (both chambers) to be voted out of office. It would require, of course, a number of certified voters to sign a petition – but the effect would be highly salutary.
* The possibility, in the same way, for voters to sign a petition for recalling legislation passed by Congress. This has been a “feature” of Swiss elections for more than a century - and provides for serious reflection in its legislature before voting bills.
* Limiting tenure of office in either chamber of Congress to two terms, both consecutive and non-consecutive. We need new, younger blood, not old-fogies (set in their ways) in Congress.

The above would be a good start, but is not nearly enough.

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RayLan's avatar

By RayLan, August 29, 2011 at 1:03 am Link to this comment

The global market leads a life of its own - the monster is not under our ‘democratic’ political control. The disease of capitalist corporate greed is a pandemic which reaches into the White House and has no cure from any party policy. Only a deep restructuring of of the economic system - subordinating it to democratic ideals - insted of the other way around.

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By uhoh, August 28, 2011 at 8:11 am Link to this comment
(Unregistered commenter)

http://www.homelandstupidity.us/2005/08/27/has-america-become-fascist-the-14-defining-characteristics-of-fascism/
1.Powerful and Continuing Nationalism – Fascist regimes tend to make constant use of patriotic mottos, slogans, symbols, songs, and other paraphernalia.
2.Disdain for the Recognition of Human Rights – Because of fear of enemies and the need for security, the people in fascist regimes are persuaded that human rights can be ignored in certain cases because of “need.” The people tend to look the other way or even approve of torture, summary executions, assassinations, long incarcerations of prisoners, etc.
3.Identification of Enemies/Scapegoats as a Unifying Cause – The people are rallied into a unifying patriotic frenzy over the need to eliminate a perceived common threat or foe: racial , ethnic or religious minorities; liberals; communists; socialists, terrorists, etc.
4.Supremacy of the Military – Even when there are widespread domestic problems, the military is given a disproportionate amount of government funding, and the domestic agenda is neglected. Soldiers and military service are glamorized.
5.Rampant Sexism – The governments of fascist nations tend to be almost exclusively male-dominated. Under fascist regimes, traditional gender roles are made more rigid. Divorce, abortion and homosexuality are suppressed and the state is represented as the ultimate guardian of the family institution.
6.Controlled Mass Media – Sometimes the media is directly controlled by the government, but in other cases, the media is indirectly controlled by government regulation, or sympathetic media spokespeople and executives. Censorship, especially in war time, is very common.
7.Obsession with National Security – Fear is used as a motivational tool by the government over the masses.
8.Religion and Government are Intertwined – Governments in fascist nations tend to use the most common religion in the nation as a tool to manipulate public opinion. Religious rhetoric and terminology is common from government leaders, even when the major tenets of the religion are diametrically opposed to the government’s policies or actions.
9.Corporate Power is Protected – The industrial and business aristocracy of a fascist nation often are the ones who put the government leaders into power, creating a mutually beneficial business/government relationship and power elite.
10.Labor Power is Suppressed – Because the organizing power of labor is the only real threat to a fascist government, labor unions are either eliminated entirely, or are severely suppressed.
11.Disdain for Intellectuals and the Arts – Fascist nations tend to promote and tolerate open hostility to higher education, and academia. It is not uncommon for professors and other academics to be censored or even arrested.
12.Obsession with Crime and Punishment – Under fascist regimes, the police are given almost limitless power to enforce laws. The people are often willing to overlook police abuses and even forego civil liberties in the name of patriotism. There is often a national police force with virtually unlimited power in fascist nations.
13.Rampant Cronyism and Corruption – Fascist regimes almost always are governed by groups of friends and associates who appoint each other to government positions and use governmental power and authority to protect their friends from accountability. It is not uncommon in fascist regimes for national resources and even treasures to be appropriated or even outright stolen by government leaders.
14.Fraudulent Elections – Sometimes elections in fascist nations are a complete sham. Other times elections are manipulated by smear campaigns against or even assassination of opposition candidates, use of legislation to control voting numbers or political district boundaries, and manipulation of the media. Fascist nations also typically use their judiciaries to manipulate or control elections.

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By litlpeep, August 28, 2011 at 8:09 am Link to this comment

Schneiderman is in a perfect position to blow the whistle good and loud on Obama’s double think and double talk, the two most blatant character traits of Obama’s political sleaze.

Obama poses as a leader of the people when he is little if anything more than a lap dog for the sleaziest corporate corruptions.

All the Obama apologists in these comments have one glaring assumption in common.  They truly believe it is not Obama’s fault he is just another political hack who can hire the professional sleaze-ball advertisers and handlers and advisers to enable his world class presidential sleaze on behalf of corporate sleaze.

Obama is the political leader of the sleaze culture of the world economy; he apparently knows nothing worth knowing about how political governance is urgently necessary for preventing corporations from self-destruction, and in the process, destroying their host economies.  It is for this reason above all else - not for any of the crap the reactionaries say about him - that he must not be re-elected.

If you don’t have the courage to organize your neighbors to vote against him, at least ask them to consider not voting at all.  A non-vote is a protest vote.  A vote for Obama is a vote for more corporate sleaze when the world is now teetering on a far greater depression than what happened in the 1930s. This global economic crisis is primarily from a massive absence of political governance over corporate activities.

Today the world’s largest economies, public and private, are integrally transformed into one global ungoverned mess.  Maybe the whole thing should come down; but is it necessary to let the sleaziest idiots and their political enablers lead us into a massive, all-at-once, “nobody saw it coming” crash?

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By Leefeller, August 28, 2011 at 4:04 am Link to this comment

As we the people the real people get tired of the opportunists manipulating everything under the sun in the name of profit, the time may finally be here for us to speak out.

Check out the US day of Rage, it may be the real thing or it may not, if the opportunists have there way it will fizzle.  Now I may not agree with everything about everything, but after the Usurper Court Decision corporations and money is people too, and listening to the so far right Republicans say Corporations are people too, and when I hear someone like Eric Canter telling me he is a leader and as a leader he knows what the people want,  I as a people find this more than annoying.

So when I see one citizen, one dollar, one vote, I find my interest peaked, it sounds like a more real representative democracy?

Check out http://usdayofrage.org/public-announcements/97-usdayofrage-occupy-wall-street.html, lets see if it is real?

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By Lafayette, August 28, 2011 at 4:01 am Link to this comment

PLAYING WITH NUMBERS

RS: And if the housing market has in any way been “stabilized,” why did the Commerce Department report Tuesday that new home sales have dropped for the third month in a row? 

RS is playing the “numbers game”. I can pick and chose my numbers. For instance, as regards the above citation of HUD figures, here’s what I chose to report 6 Excerpted from the US Census Bureau Report of 23 August:

NEW RESIDENTIAL SALES IN JULY 2011

Sales of new single-family houses in July 2011 were at a seasonally adjusted annual rate of 298,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development.

This is 0.7 percent (±12.9%)* below the revised June rate of 300,000, but is 6.8 percent (±13.5%)* above the July 2010 estimate of 279,000.

(The bold type is my emphasis.)

Three months data doth not a trend make.

HOWEVER

The point Sheer makes about the Revolving Doors in LaLaLand on the Potomac is well put. There’s too much of it and such career boosting should stop.

Why not think up a Federal Employment Ethics Act that forbids it. Oh, yes, we’ll hear the carping about “not being able to attract competent talent”.

Competent talent abounds in this country and we don’t need Career Dorks looking for shortcuts to boost them up the Corporate Ladder. Since when did “ability to influence government policy making” become a key job-candidate attribute?

Since about thirty-years, I reckon.

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By Lafayette, August 28, 2011 at 3:37 am Link to this comment

ABOUT WHITE COLLAR CRIME

RS: “They” will not suffer for their crimes because they have a majority ownership position in our political system.

RS has a sentiment - which is broadly expressed in his profession - that the banksters are culpable of fraud, influencing politicians and earning hallucinatory incomes. Indeed, it is shared by a good many of us plebeians as well.

But there’s many a slip twixt the cup and the lip - meaning there is fraud and there is innuendo. Not all of that which is reported is a crime. Our laws are laxly applied in the matter of mass commercial fraud of the SubPrime kind - because the Bush-Cheney administration had neutered the market oversight agencies (as repayment for their campaign funding).

Neither is all of that which is reported the preserve of banksters. White collar crime is an order of magnitude larger, at the very least given the sums involved, than blue collar crime. But it may be that insufficient funding is being applied to that sector of criminality.

(Maybe we’ll see the T-P Crazies suggesting that we cut funding to the FBI for investigating White Collar Crime? Nothing would surprise me.)

CRIME DOESN’T PAY

Just google the words (fraud, bankster, banking, subprime, mortgage) to see the number of sites tracking charges brought against and convictions obtained of perpetrators in the matter of mortgage fraud. 

Of course, what would please journalists most is a “Great Perp Walk” of a TopTen Banker. Yep, that gets attention.

Well, maybe one day. But it will take a bit of time to get conclusive evidence to do so.(It took them a while, but they finally got Bill Gates’ emails to show how he had promoted “unfair exploitation of market dominance” in a Federal court.)

ABOUT RENT-A-POLITICO

Then again, let’s not expect any charges of Congressional peddling of influence. Because that’s tricky to prove. Besides, that happens quite legally thanks to the Abysmally Inept Roberts Supreme Court.

For that, read all about it here, from the NYT: Lines Blur Between Candidates and PACs With Unlimited Cash

Now that is competent investigative reporting!

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By kulu, August 28, 2011 at 3:12 am Link to this comment

Hypothetical.

If the Arab Spring took hold in America, would the response be more like that in Tunisia or like those in Syria, Bahrain and Libya?

I know what I think.

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By cpb, August 27, 2011 at 11:08 pm Link to this comment

@ Gabriel

“Those who are unable to come up with answers or solutions, in this case Lawful Solutions to today’s problems, act like crybabies and resort to calling other individuals names.”

Gotta agree with you there Gabe, but only insofar as SOME of those unable to meet your high standards resort to the behavior that you deride.  I’d like to see the stadium full of people who live up to those expectations.  Broad generalisations, I’m guessing, won’t win you too many bonus points in this crowd.

And for the record, who’s calling who names?  I double checked cause hey, I wanted to be sure.. you seem to deserve name-calling so maybe I’d called you one and forgotten..  Turns out, no name calling from this keyboard big guy.  I did accuse you of troll-like behavior though.  The difference shouldn’t be too subtle for you to grasp.

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By Gabriel, August 27, 2011 at 2:21 am Link to this comment

@ cpb

Those who are unable to come up with answers or solutions, in this case Lawful Solutions to today’s problems, act like crybabies and resort to calling other individuals names.
Thank you for showing all of us your level of intelligence.

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By cpb, August 26, 2011 at 10:22 pm Link to this comment

@ Gabriel

“As an adult man/woman on this planet it is your responsibility and obligation to put criminals out of their misery, via the most respectful means, and as you are educated enough to read and write.”

And as I am educated enough to read and write…what??

Trolls type so quickly they overlook the fact that they aren’t building coherent thoughts into their sentences.  What’s your excuse?

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By Gabriel, August 26, 2011 at 2:36 pm Link to this comment

@ cpb

Uuuuu asking questions is now forbidden, according to you. ROFL

As an adult man/woman on this planet it is your responsibility and obligation to put criminals out of their misery, via the most respectful means, and as you are educated enough to read and write. Whether it be jail, massive fines, loss of property, excommunication, or whatever the appropriate punishment.

Failure to do so means you are complicit in that crime. The closer you are to committed crime the more complicit you are.

Welcome to basics of Law. LOL



Notice: Whomever is nuking free open wifi whenever I/we leave comments on here should think about damages you are causing to innocent victims. There are over 2,200 free open wifi AP’s within range in just one direction, and more coming up every day. Good luck trying to shut me/us down.

for everyone else:
We are pulling, holding or cashing in surety bonds of corrupt officials as we find them.
For laymen; this means they can’t work in official capacity till they pay their debt. It’s also a hint for those who want to learn the Law of the Land.
see Winston Shrout or someone similar for more

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By cpb, August 26, 2011 at 7:33 am Link to this comment

@ Gabriel,

Nobody is responsible to you.  You are demonstrating troll
behavior.

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By Gabriel, August 25, 2011 at 2:46 pm Link to this comment

All you PPL since my last comment ...

... we already know what the problems are.

What are YOU going to do about it, besides complain on here?

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By cpb, August 25, 2011 at 1:20 pm Link to this comment

@ robgo2

Well if we’re agreeing to that extent then we both get a
lesson in communications; the limitations of this
particular medium and the ease of misunderstanding,
especially where tone can be so difficult to convey.

I’m a more than a little wary about the so called Arab
Spring.  Didn’t take place in any countries that didn’t
have lots of spooks and covert ops behind the scenes for
years.  The current debacle in Libya is not what it
appears to be IMO.

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By robgo2, August 25, 2011 at 12:08 pm Link to this comment

@cpb

We are not in disagreement.  The political system is rigged to present voters with choices between apparently distinct candidates and parties that actually differ from one another only to a minor degree.  That I consider this to be a con job and you do not is an argument over semantics.  I would describe myself
as being completely jaded about politics prior to the 2008 election, at which time I allowed myself to believe that Obama, a black man, would be different.  I now admit my error.  To be
sure, trajectory would have been steeper with McCain/Palin at the helm, but the direction would have been much the same.

Is there a way to change the system fundamentally?  I am
pessimistic in that regard.  It would require the American equivalent of the Arab Spring, but Americans are still too comfortable for such radical, personal action.  Perhaps a
decade of high unemployment and rising poverty levels will move people away from their televisions and video games and into the streets.

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By pundaint, August 25, 2011 at 11:56 am Link to this comment

Obama is most clearly revealed when there is a question of holding someone responsible for illegal activities against American citizens.

He never takes the side of the People.

Everything else is just spin.  He’s fired in my mind, I look forward to taking action in the voting booth.

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By felicity, August 25, 2011 at 9:24 am Link to this comment

“...unless they are doing something indefensible(?)” 
Only 4.3%of the $46 billion allocated by TARP to help
home owners refinance has been used.  (Harpers, Sept.
‘11.)

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By Hulk2008, August 25, 2011 at 7:31 am Link to this comment
(Unregistered commenter)

ron hansing:

The causes of the big economic drop go back to the 90’s and before.  Republicans wanted total deregulation from the time after the Civil War.  Sen. Phil Graham (R-TX) pushed hard for it and eventually got it through Pres. Clinton as a part of the “Contract On America” with Newt et al.  Dems were growing jobs and dismantling old style welfare at the time.  Repugs also wanted Fannie and Freddy to be more privatized and now decry the fact that they got what they wanted.  You will find dirt on plenty of hands when it comes to the bad mortgage bundling - but the biggest problem of all was that Wall Street KNEW the bundles were total pooh and even bet against them to get paid both ways.  Although a lot of TARP and the bailouts have been paid back, the fact that lenders have puckered up their cash continues to be a huge problem for the economy.
    Deregulation is still tops on Repugs’ list - and still big threat to democracy.

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By Arabian Sinbad, August 25, 2011 at 7:29 am Link to this comment

If Bush and gang got away with their criminal, terrorist wars in Iraq and Afghanistan, then why anyone would make a big thing about the economic terrorism of Wall Street and the banking industry!

America in over a decade now has been involved in two types of terrorism: the military terrorism around the world that caused millions of deaths and untold destruction, and not to mention the cost in treasure to the tax-payers. The other type of terrorism is a domestic economic terrorism by 1% of wealth-controllers against the majority of the population.

Though these two types of terrorism are different in nature and scope and place of destruction, they are, nevertheless, organically connected.

Since the perpetrators of American military terrorism got away with their crimes, it is natural that the perpetrators of the more benign economic terrorism will get away with theirs.

Now, most of those who are crying bloody murder about the domestic economic terrorism, should take some serious time to reflect on their hypocrisy and silence about the more serious military terrorism that preceded the economic terrorism and, in great part, has led to it.

... for silence is complicity!!!

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By Litl Bludot, August 25, 2011 at 4:07 am Link to this comment

felicity

Scheer supported Obama from the very beginning when it was obvious that he
was the choice the corporate fascists, i.e, he was being branded as the agent of
change when he was getting record millions from the banks, mass murdering
“health” insurance companies, war profiteering military industrial complex,
nuclear industry, i.e all the nefarious entities. I was aware of this, so was
Scheer. He didn’t have the intellectual honesty to acknowledge that Obama was
the stealth corporate fascist candidate. Supported by the parasitoid capitalists
by a big ratio over McCain. This was obvious to any student of politics. Because
of this,I don’t think Scheer is stupid or naive, but intellectually dishonest. There
was a choice. But instead, he, like the other fake progressives, chose the covert
corporate fascist over the honest Nader, or Mike Gravel, etc. Candidates that
didn’t get corporate backng.

Scheer only came out critical of Obama after two years of obvious, ugly
duplicity, (and finally the main goal given to Obama, that no Republican could
do, the move to gut and then privatize medicare and social security) when he
had to protect what remained of his reputation. Add to that his continuing
refusal to call Obama a fake, but instead to attribute his policies to his being
weak, or too willing to compromise, etc. Hedges, Sirota, and others have finally
shown Obama to be the willing accomplice, propagandist and sadistic inforcer
of the corporate fascists, but Scheer does not have the intellectual fortitude to
unmask the corporate fascist mole, Obama.

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By Gabriel, August 25, 2011 at 3:46 am Link to this comment

@ Lafayette

Seems like you still don’t get it. If you play their game you will never win ... They hold all the cards.
Take an example from Anonymous:

1. Expose Scientology LULZ - and march in front of their offices til they go bust. Since we are dealing with corporations it is necessary to use your old crap cars or similar to totally blockade their offices, factories, institutions, and governing / banking centers.

2. Demand they all be prosecuted under Law of the Land and subsequently jailed. And NOT their corporate law either.

3. Demand they pay and return all they have stolen. Let them live on the street and see how it feels like.
If demands don’t work then Bill them @ your fee schedule rates.
- Usual is 10k per hr, 100k per incident, 1M in case of injury [even a scratch], 10 million per property damages, 5B in case of death. That’s present Gold equivalent.

4. Shut down ALL destructive businesses and start operations that are ergonomic / match the cycles of Earth under control of common people and best & most knowledgeable minds. Free energy from wind, solar, geothermal and related tech. Such as Tesla, Paul Pantone, Nassim Haramein, etc.

5. Kick Admiralty and their silly water transport laws back where they belong, into the sea. Actually back to Britain and their inner city of London.

6. Print money by Americans and control it by Americans, not some foreign corporation called Federal Reserve or any other. Best choice is by Native Americans as they know best how to conserve the land and as it’s still their land. Or it could be a community controlled thing between Americans and Citizens/Immigrants under Common Law of the Land.

7. Restore original settlers rights: 1/4 section of arable land per individual, up to 4 to make up full section per family. Only way you can loose it is if you mistreat it, you die by default. Or you try to poison your neighbor in any way.
- System is setup in such a way that you can buy all the stuffs, materials and equipment you need to start such an operation as part of your Birth Certificate Bond: http://projectarise.com/debtelimprocesses.php ... or to bail yourself out if you get into trouble.
- After you get well established you can sign yourself out and become Sovereign and operate under Declaration of Independence and United States For America. FREE OF DEBT.
This gives you same Rights as King or Queen, so you better know your stuff and especially the 300 essential books of all knowledge.

8. Enjoy, be well, be happy, and hopefully Learn enough to become a member of Universal Community.

Warning: Failure to do so will result in You and your family tree becoming extinct according to http://www.youtube.com/watch?v=Xbp6umQT58A

BTW: With all due respect, it is your government / corporate sh*t that’s not believable, and quite pathetic, I might add.

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By Lafayette, August 25, 2011 at 1:54 am Link to this comment

VIRAL BUNKUM

Gabe: Soon enough the English people will crash the WHOLE ruling class scam and begin anew

Thank you for our daily dose of hokum.

You believe this sh*t? Obviously, since you posted it. 

What you have posted is scurrilous nonsense. You are contributing to the Viral Net-Bunkum.

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By Lafayette, August 25, 2011 at 1:20 am Link to this comment

POLEMICAL JOURNALISM

RS: The $20 billion or so that the banks would pony up is chump change to them compared with the trillions that the Fed and other public agencies spent to bail them out.

RS has a way with words. Unfortunately, often lopsided.

To wit, the bail-out funds employed in the comparison cited have all been repaid the Treasury with interest. Let’s remember that the original TARP funding was in the region of $700B. so, this “fine” is above and beyond that amount.

Indeed, the “chump change” of $20B is a pittance compared to the profits the banks made on the Toxic Waste Mess. (The banksters laughed all the way to their Asset Managers’ offices.)

Still, the comparison between the two is quite wrong. This is polemical journalism ... yet again.

We should expect more professional rigor from a reputed journalist.

POST SCRIPTUM

Just to show how far polemical journalism can go to confuse matters, consider this article here, where the WSJ (Murdoch’s ragsheet), complains that Obama “refuses to accept TARP repayments” because he supposedly wants to “control the banks”.

Aside from the fact that banks clearly need more oversight control (having thrown our country into the most difficult recession in 80 years), this sort of polemic is not what Americans should be reading.

Because it just clouds even further already murky waters as regards the governance of our nation.

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By Gabriel, August 25, 2011 at 1:05 am Link to this comment

I just received an encrypted message that seems to be going viral.
It exposes this subject to it’s roots.

——- quote——-
http://www.p2pnet.net/story/52774
I find it interesting that this is the ONLY website on the internet that blocks the following message while it boasts it’s for internet freedoms:

News!
So you think you know about Net Neutrality, eh?

Seton Motley explains state of affairs and what it’s really all about: http://www.youtube.com/watch?v=7o6gM0dgeZM
He makes one crucial mistake in video: Internet was handed over to Universities and learning institutions for betterment of all, not to corporations.

To take it further ... the real story of Human Resources on Earth: http://www.youtube.com/watch?v=Xbp6umQT58A

What The People EVERYWHERE are saying is that this is a Global fight for Peace, Liberty, Truth, and Justice for ALL ... not just a few Elites. It’s the only way to gain Freedom away from ANY controls what so ever. Freedom to make an educated choice,
to live, love, promote well being and find out what men and women are fully capable of.

We have the potential of NOT needing ANY government, corporation, boss or controller @ ALL ... as we share knowledge to it’s fullest.


With that said, Louise Mensch is a well known shill working for gov & corporate elites. She’s part of fictitious soap opera being played out for unsuspecting public via their gov propaganda machine, In turn trying to take way People’s Universal Rights.

Soon enough the English people will crash the WHOLE ruling class scam and begin anew.

To prepare for this time you will probably need minimum of 1 (one) year supply of essential necessities. 5 years is recommended.
——end quote——

I think the author may have wanted to say, English Speaking Free Individuals, as this is a global phenomenon. I love the way he/she tied the pieces together though. smile

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By John R., August 24, 2011 at 11:14 pm Link to this comment

On Spike TV they had this “Alternate History” episode -

Where Nazi Germany had won WW2 and gained control of the USA.

The show finally came around to the corporations and how the new Nazi
government would support the corporations, making it law and putting labor at
the top of the list. They stated somewhere no health care and minimal wages.
Forcing all undesirables to work for food only.

And I thought well they are getting the health care part accomplished.
I’m sure the undesirables is not far away.
The wages have certainly fallen, while the CEOs have taken massive bonus
amounts.

The only thing missing is the the swastika and a few machine guns on the
corner but no-doubt a situation will be created to prompt the fear.

I have to stay away from the politics, the whole circus just makes me feel sick
knowing those people are in charge.

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By Awi, August 24, 2011 at 8:22 pm Link to this comment

The main thing is to look good at your funeral.

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By Samson, August 24, 2011 at 5:38 pm Link to this comment

In the last election, it was very obvious that Obama
was Wall Street’s candidate.  If you paid attention
to the 2007 campaign finance horse-race stories
around the time of mandated financial report filings,
the surprise was that Obama was in the #2 slot behind
Hillary. And that it was wall street millions that
put him there.

By the general election, we saw Obama raising double
what Dubya and his Pioneers had raised in 04, while
McCain was so unable to raise money that he was on
public financing. It was thus obvious that the money
that had been backing Bush had moved to Obama.

The problem isn’t so much the money, as it is that
the whole fracking left decided that supporting Wall
Street’s candidate was a good idea.  We got to see
the strange sight of liberals and progressives out
convincing everyone that Wall Street should control
our government.  And the even stranger sight of labor
activists out going door to door for Wall Street’s
candidate.

If you want this to change, stop supporting the
candidates who have lots of money.  If you see wall
street or other big piles of corporate money in a
candidate coffers, then don’t vote for them.

If you go and vote for the candidate that took
millions in Wall Strett dollars before the election,
don’t be surprised when he then won’t prosecute the
same people who just gave him millions of dollars.

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By PatrickHenry, August 24, 2011 at 4:31 pm Link to this comment

Yeah, I could deal with Bernie Sanders, I like Kucinich as well.

I advocate Ron Paul to lead the GOP into the Presidential debates as I believe he would elevate the level of discussion we need to get us out of the mess we are in.

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By Pupmom, August 24, 2011 at 4:17 pm Link to this comment
(Unregistered commenter)

Soon, the only thing left to do is park the car, lock the front door, and march on Washington or state capitols or both/all.

Sooner than later I believe, we will do just that.

It will be the only thing we are able to do, because we can not sit by aon more day with things going on as usual.  What are we waiting for, the 12 and what they are going to pretend to find to help our devastating deficit?  Be real.  Movement is necessary! They keep moving more billions right out of this country, each day, for one reason or another.

I will scream so loud if I hear that again B of A gets a bailout from Washington or if QE3 begins.

When is time up for these idiots?  Will we MOVE before they actually take us all down?

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By ardee, August 24, 2011 at 3:36 pm Link to this comment

traynorjf, August 24 at 3:02 pm Link to this comment


Write in Bernie Sanders, US senator, Vermont, independent.

I like Senator Sanders too, but looking for a hero to fly in and save us is simply a waste of time. Haven’t we had enough evidence that it matters not who occupies the WH, which party has a majority in which House, not a bit of difference at all?

As Leefeller noted, we all will get it in the end. At least, I might add, until we alter this duopoly party system ruled by corporate money.

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By Queenie, August 24, 2011 at 3:23 pm Link to this comment

YES! BERNIE SANDERS!

Can you imagine the numb fucks who are still running around with an Obama ‘08 bumper sticker on their cars? I saw one yesterday. On a Prius.

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By traynorjf, August 24, 2011 at 3:02 pm Link to this comment

Write in Bernie Sanders, US senator, Vermont, independent.

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By cpb, August 24, 2011 at 2:45 pm Link to this comment

@ robgo2

“We were conned by Obama, because we wanted to believe
that he was different from other politicians.  In that
sense, we do deserve him and the political establishment
to which he belongs, which was the point that I was
making.  There is no contradiction here, as you seem to
think, but rather a straightforward conclusion drawn
from simple fact.”

I beg to disagree.  You say you were conned.  That
implies fraud.  That this fraud was carried out through
the manipulation of beliefs just means it has much in
common with other frauds.  So you’re the victim of fraud
and it’s all your fault?

I can see where this can be argued to some extent; sure
the voters should be better informed and more
responsible as citizens.  Ask why they aren’t and you
open a whole other can of worms.  The level of public
knowledge and understanding serves the system very well,
they will thank you very much, and the forces that
strive to maintain and evolve the status quo are myriad. 
Do you think OB carried out this fraud all by his not-
so-innocent lonesome?

The sentiment that we get what we vote for and therefore what we deserve is echoed throughout the dominant culture and is a routine tactic for shifting blame and obfuscating the reality behind the curtain.  We’re asked to choose between two representatives of the same company, as it were, and believe that this is democracy, that voting every four years qualifies as substantial agency in society, that our brave brothers and sisters are fighting to protect this pinnacle of all freedoms, yadda blah blah yadda blah…

I don’t know if you are too disturbed by the potential that this fraud, in essence, represents,
but if you honestly think that ‘voters getting what they deserved’ is an appropriate summation then I suggest that you are a most excellent citizen in the eyes of the establishment.

You can try not to make the same mistake in 2012 but that begs the question, What choice will you have?

Peace

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By robgo2, August 24, 2011 at 1:07 pm Link to this comment

““It’s our own fault for not looking closely at his voting
record in the Senate, which was strongly pro-corporate. 
We were so desperate for relief from the Bush nightmare
that we failed to do due diligence as citizens and
voters.”

More of the same, the hilarity continues…  Yeah sure sure,
it’s ALL OUR FAULT!  BAD VOTER!  We get the government we
deserve!”

I don’t think that you understand your own snarky argument.  We were conned by Obama, because we wanted to believe that he was different from other politicians.  In that sense, we do deserve him and the political establishment to which he belongs, which was the point that I was making.  There is no contradiction here, as you seem to think, but rather a straightforward conclusion drawn from simple fact.

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By Morri Creech, August 24, 2011 at 12:25 pm Link to this comment
(Unregistered commenter)

It is interesting that the Scheer piece appears next to a retrospective article on Hurricane Katrina. Note the severe contrast between the government’s shameful, dilatory response to the New Orleans and Missisippi crisis on the one hand, and its prompt bail-out of central banks on the other. No careful analysis is necessary to draw conclusions about where the government’s priorities lie, especially when one considers that the two events occurred within three years of each another. An ostensibly representative government that turns its back on the poor while supporting the interests of the wealthy invites our contempt. As William Blake states in “Auguries of Innocence,”

    A dog starv’d at his master’s gate
    Predicts the ruin of the State.

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By MD, August 24, 2011 at 12:10 pm Link to this comment
(Unregistered commenter)

This one really bothers me.  But does not surprise me.  Perhaps we should pardon
the youths that participate in flash-mob robberies.  Sort of a small scale visceral
version of bankster robbery.

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By kerryrose, August 24, 2011 at 12:07 pm Link to this comment

ron hansing

That is a naive analysis.  Wall Street packaged the risky housing loans in bundles and sold them as AAA knowing that they were shit.

The little people lost by taking flexible rate mortgages that skyrocked, but the entire world lost with a global financial crises by those fraudulent bundles that were pawned off.  Wall street got rich by unloading them and the rest of the world was devestated.

It might work for you to simplify thing to an inane degree, but you are just deluding yourself.

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By cpb, August 24, 2011 at 11:44 am Link to this comment

“It’s our own fault for not looking closely at his voting
record in the Senate, which was strongly pro-corporate. 
We were so desperate for relief from the Bush nightmare
that we failed to do due diligence as citizens and
voters.”

More of the same, the hilarity continues…  Yeah sure sure,
it’s ALL OUR FAULT!  BAD VOTER!  We get the government we
deserve!

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By robgo2, August 24, 2011 at 11:31 am Link to this comment

Wylde said that “instead of trying to facilitate resolving these issues, you seem to be throwing a wrench into it.”  She misspoke.  Rather than “resolution,” she wants “absolution” for the crimes committed by the bankers who are her true constituency.  What a disgrace that Obama, the man who was going to bring change to America, wants that as well.  It would appear that those of us who thought that he would be different from all the other corporatist politicians in both major political parties were badly mistaken.  It’s our own fault for not looking closely at his voting record in the Senate, which was strongly pro-corporate.  We were so desperate for relief from the Bush nightmare that we failed to do due diligence as citizens and voters.

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By doublestandards/glasshouses, August 24, 2011 at 11:30 am Link to this comment
(Unregistered commenter)

Schneiderman can’t be a democrat - he’s got a pair.

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By Morri Creech, August 24, 2011 at 11:22 am Link to this comment
(Unregistered commenter)

As a result of banking deregulation, the tapeworms are now in charge of America’s All You Can Eat Buffet. It no longer matters that those who can pay the door charge continue to gorge on plate after plate of cheap, unappetizing fare; no one’s gaining weight anymore.

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By cpb, August 24, 2011 at 11:02 am Link to this comment

@ Ron Hansing

“Put the blame on us, accept responsibility. Stop
pointing fingers. We elected them.”

That is just funny.  Is this an example of something
akin to Stockholm Syndrome?  Anyone?

“We the People” - uhuh.  Very funny stuff!

And by the way, everyone bloody well does “DESERVE”
adequate housing, though I would choose to think of it
as a “right”.

“We elected them…”  LMAO

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By azul66, August 24, 2011 at 10:57 am Link to this comment
(Unregistered commenter)

Isn’t this Obstruction of Justice? I can’t think of another word of what the
President is doing?

Vote for him again. No way. Why do people people keep saying ‘we have
no choice’. Oh really? We certainly do and we should be putting a real
Democrat up to challenge Obama. He has been a disaster for the people.
It is worse than Bush and also a continuation of Bush. Only Obama goes
so much further than Bush could. I really do think the Republicans put
him up for office in 2008. No one could be as bad as he is.

Michelle, a dimwit, but how much more hard could she do. Perry?
another dimwit. At least while they hold prayer meetings all over the
country the real Democratic party could get to work and throw off the
ridiculous support of Obama. They are so weakened by this President.
They really have no choice but we do. Throw out Obama and rebuild the
party. Then we can really oppose the right wing agenda with spirit and
strength. Don’t vote for Obama again. He is just another T bagger twit.

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By Textynn, August 24, 2011 at 10:46 am Link to this comment
(Unregistered commenter)

Obama is corrupt. He is a bald face liar and he
serves the elite with in-your-face hardship to the
people that he promised to help.  Still people sigh
and say he’s better than a Repub.  No he’s not. He is
exactly the same, he serves them very very well, he
just doesn’t do it with the crass and despicable self
centered toddler mentality of most Repubs.

People are actually getting ready to kid themselves
that they are making some kind of choice come the
2012 election when they chose from a glaringly self
serving simple minded Repub making a lifetime
commitment to serving the corrupt powerful for gain
or a lying dem building a mountain of fallacies as an
excuse to serve the corrupt powerful for gain.

Vote Dem or Repub and you are voting to be a low
wage, property-less debt slave for the rest of your
life, working till you drop like the old man on the
slave gang that is beat to death because he can’t
keep up.

Americans are the stupidest most used and ripped off,
dumbed down creatures on the planet.  I can barely
stand to think about it. When will we stop the
abusers parading as legit leaders while they rape and
pillage this country openly??

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By Mark Skudlarek, August 24, 2011 at 10:34 am Link to this comment
(Unregistered commenter)

I too am ashamed of the US nation.  Ashamed to have served in its military, and ashamed to have once called myself an american.  To the few good folks remaining in the land that was once Eden, I am sorry for having been so stupid. I will never vote demublican again, and I will teach my children and their children what the US really is.  The corporate confederacy of hypochristians has a holy day for Christopher Columbus for christ’s sake.  Need one say anymore?

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By ron hansing, August 24, 2011 at 10:21 am Link to this comment
(Unregistered commenter)

The cause of the financial crisis was congress who believed everybody deserved and could afford a house.

The majority who supported this concept was the democrats.

The victims are the taxpayers, not the mortgage holders who likewise were greedy buying a house they could not afford, and then getting a second and third mortgage… thinking that their equity would double in three years.

Everything the banks did was legal, made legal by congress.

By the way, I opposed Tarp… reason was that it rewarded poor decisions and punished good decisions.

Since this will not ring well with many, I propose that we use the tools of science to study whose right, the marxists, or the capitalists. Make like states, (one marxist, and the other capitalists) and see what happens in 5.. 10 years.

Put the blame on us, accept responsibility. Stop pointing fingers. We elected them.

ron hansing

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By cpb, August 24, 2011 at 10:15 am Link to this comment

An interesting interview on the radio this am.  Some
fellow apparently was chasing Bernie Madoff for the
better part of 10 years, knew he was rotten all along,
collected evidence, documented everything as would be
sufficient to enable effective prosecution, and made
every effort to bring his findings to light, including
direct communications with the SEC.  The whole scandal
was apparently much larger and involved many more
‘persons’ than the common media built public impression. 
So much ‘looking the other way’...  (there is a
documentary film on the story somewhere out there)

In the end, as with Enron type scenarios, prosecution
only comes about when the entire house of cards is lying
in the street and cannot be denied any further.

In the end they nailed him to the wall - he did rip off
some pretty rich individuals after all.

If he was just a wee bit smarter he would have chosen to
engage in mortgage related ponzi derivatives preying on
the poor and would be touring the nation right now
promoting his patriotically unapologetic memoirs.

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By norman harman, August 24, 2011 at 10:06 am Link to this comment
(Unregistered commenter)

@Litl Blu

I think you’re mistaken about Mr. Scheer. As a matter of fact, he is elucidating
the “big picture” while zooming in closer to show us particulars - in this case
Obama’s egregious betrayal of his so-called base and of the majority of this
nation’s people who he is sworn to “defend and protect against all enemies
both foreign and domestic.”

Your term, “corporate fascism,” while viscerally satisfying is technically
incorrect, for fascism, as a political philosophy, is defined as a collusion
between authoritarian government and corporate power.

I agree that Mr. Scheer and many of his journalistic colleagues can’t bring
themselves to “call a spade a spade” in an effort to seem less radical than some
of us but don’t for a moment believe he doesn’t see the larger picture. I’ve been
reading his work for quite a long time and he has a firm grip on the realities of
corporate/government collusion.

I also agree with you that the corporate/government collusion known as “neo-
liberalism,” or globalization,” is nothing short of a plague on mankind.

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By Leefeller, August 24, 2011 at 10:05 am Link to this comment

I am voting for Parry with an A for ass,.. of course Obama has an A in the last letter of his name, but for some reason I doubt there would be much difference between Obama and Parry in the end, because the common and not so common people will always (with an absolutism) get it in the end!

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By Eric, August 24, 2011 at 9:41 am Link to this comment
(Unregistered commenter)

As usual, Mr. Scheer, you are absolutely right. The question that’s increasingly on my mind, however, is what the h@#! do we do about it? The alternatives to Obama are so much worse, and the chances that someone better could get elected are so poor, that it seems we have little choice but to vote for Obama in 2012—or succumb to the even more rapid de-evolution of the US into Medieval Europe under whoever the GOP candidate will be. It seems that Chris Hedges is right: the system is now so corrupt that the only option still open to us is marching in the streets. I’m about ready to build a habitat on the far side of the Moon.

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By indc, August 24, 2011 at 9:41 am Link to this comment
(Unregistered commenter)

Obama needs to be defeated for being such an awful president and particularly for betraying tens of millions who voted for him, because he said he was different and gained our trust, only to engage in bait and switch.

It will be easier to live with a republican for 4 years than with Obama for another 4, which would set up an even more right wing republican to win in 2016.
It is in the best interest of those who supported Obama last time to make sure he does not get elected again.  Vote 3rd party and for progressives, Dems and others for Congress.

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By berniem, August 24, 2011 at 9:38 am Link to this comment

Once more with feeling, children: “WE MUST SUPPORT OBAMA IN 2012 OR WE WILL GET SOMETHING WORSE!” Who are we kidding? There is no choice for 2012! We either continue to be complacent and meekly walk to our demise or (gasp) elect one of the reactionaries and get the revolution up and running once and for all! Or maybe, just maybe, actually withold our vote until a real candidate of “we, the people” actually runs! Of course the latter will not occur as long as legal bribery continues and 30-40% of the citizenry is so benighted and ignorant as to allow themselves to be manipulated into working at odds to their best interests. Unfortunately, the role of greed, bigotry, and intolerance cannot be discounted from the equation as these variables are what stokes the fires of stupidity so readily apparent in this nation!

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By Roger Lafontaine, August 24, 2011 at 9:32 am Link to this comment
(Unregistered commenter)

What was that that Pogo said: “We have seen the enemy - and he is…Obama!”

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By prisnersdilema, August 24, 2011 at 9:27 am Link to this comment

And it makes Pesident Obama just as guilty as they are…

Guilty as sin…...Still voting for OJama? Then you have also aided and Abetted the
banks, and the criminals that own and run this cow try too….

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By BJM42, August 24, 2011 at 9:13 am Link to this comment

The POTUS and his entire administration are neocons, or at least neoliberals.  Criminal acts in pursuit of profit are considered simply part of the business model.  The wholly subservient federal government’s only purpose is to enhance and protect capital profit. Once this is realized, all their actions make perfect sense.
BTW, they have all the money and almost all the guns. Remember that when considering what might be done. Also remember that the John Warner Defense
Appropriations Act for 2007 did away with Posse
Comitatus.

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By NABNYC, August 24, 2011 at 9:04 am Link to this comment

We can blame finance and Wall Street for bribing our politicians and corrupting our government.  They should be in prison—all of them.  The reason the people on Wall Street are so enthusiastic about destroying this country, stealing every penny from every person, throwing millions out of work, eliminating public education, selling us poisoned food and water, denying people health care, is because the people on Wall Street do not consider themselves to be part of this country. 

The people on Wall Street have no affiliation with us, with our communities.  They see themselves a part of a separate group, a superior group which is exempt from the laws which govern the rest of us.  They do not weep for those of us who suffer and die because of their policies.  They do not lament the destruction of our democracy, and feel no shame for their own behavior.  In this, they share the basic characteristics of the European fascists from a few decades ago.  They are the superior humans, and now, we are all Poland. 

To see Obama be so blatant in giving away the nation and our rights shows how certain he is of re-election, because he’s already locked up a billion dollars in campaign contributions from Wall Street (not yet funded but certain).  Who cares what the clowns in the Republican party say?  Obama will get reelected and when he leaves office, just like Clinton, he will set up a “personal charity” into which he will deposit tax-free money, probably a billion dollars easily, which he will receive from Wall Street, banks, and foreign countries who are beneficiaries of the same policies that are destroying the lives of the rest of us.

No politicians will help us.  Politics and elections are corrupt.  The only thing that might change this downward spiral is if people simply sat down in the streets and refused to go on.  Just stop everything, enforce the anti-trust laws, bust up every major business and all of Wall Street, rescind all the WTO trade deals, impose significant tariffs on everything brought into our country, and ban imports of food. 

The usury issue is so shocking.  Thousands of years ago, people around the world had protection from their laws against the practice of usury.  Not us. http://nabnyc.blogspot.com/2010/02/corporate-looting-usury-as-weapon-in.html

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By Devon J. Noll, MPA, August 24, 2011 at 8:57 am Link to this comment
(Unregistered commenter)

Does anyone else see a recurring thread in this mess by the name of Clinton?  Bill Clinton’s crony, Donovan, was at the heart of this mess.  Donovan is another Obama cabinet member with ties to Clinton.  Clinton oversaw the deregulation. Clinton opposes Elizabeth Warren through Timothy Geithner, another Clinton Crony.  Clinton provides Obama in 2008 with banker support for his presidential run.  The Clinton Foundation has stock interests in Morgan Stanley, US Bancorp among others.  Is there a theme here that everyone is missing?  Could it be that Clinton who pulls this White House’s strings does not want an investigation because he is up to his eyeballs, right along with Bernanke, Greenspan, and Bush in the housing bubble and collapse?  Gee, ya’ think!?!

It is time for the Obama Administration to lose the Clinton phone number and start putting this country back together.  We can give people back their homes, stabilize home prices, create new home demand, and rebuild this nation, and it does not take a rocket scientist (or economics genius) to do it.  It takes accountability, honesty, and investigations.  But when the man at the heart of this poisonous mixture holds the balls of the current president in his hands (please excuse my crudeness, but I am angry beyond belief today at this government), I doubt seriously if Main Street will get anything by the shaft, once again so that Clinton can skate and his pals can get richer.

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By felicity, August 24, 2011 at 8:57 am Link to this comment

Litl B. - You need to read more of Mr. Scheer’s
writings.  I doubt that you’ll then accuse him of
refusing to see the “big picture.”

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By Byard Pidgeon, August 24, 2011 at 8:39 am Link to this comment
(Unregistered commenter)

An update: Schneiderman has been removed from leadership (or perhaps removed
completely) of the consortium of state’s AGs pushing for prosecution of the
greedy MFs on Wall Street.
He’s still pursuing his own investigation.
(got this from a quick blurb on Democracy Now, this morning)

Don’t forget to vote for Obama…More of the Same, You Can Believe That!

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By PRGP, August 24, 2011 at 8:37 am Link to this comment

What’s needed are ropes and lampposts.  President chickenshit strikes again. I really hate wasting my vote like this - never again.

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By MeHere, August 24, 2011 at 7:56 am Link to this comment

TDoff:

An imaginative, graphic description of what’s going on.

If only the public would pay attention to what Scheer explains in his article. But
this is not the case, and no optimistic assessment can change that.  All that the
public-media complex seems to be interested in is discussing the merits and
popularity of candidates for a similar type of leadership for the 2012 election.

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By Jerry, August 24, 2011 at 7:31 am Link to this comment
(Unregistered commenter)

So where are the Democrats now?  I recall them crying and implying articles of impeachment when they claimed Bush had politicized the DOJ.

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By TDoff, August 24, 2011 at 6:41 am Link to this comment

Just imagine what the US would be if laws were applied equally to all classes of criminals, ‘ordinary’ folks as well as the rich and powerful.

If someone robbed a 7-11 at gunpoint, and was caught…
Hey, no problemo. Don’t worry about being arrested. We must look to the future, not the past. If the robber scored $1,000, a fine of $5 and a promise to rob no more would take care of it.

If a mugger stole a grandmother’s purse, knocked her to the ground, broke her legs, and got away with the mortgage money she was taking to the bank…and he was caught, he’d get a very stern ‘Oooops, you shouldn’t do that, man. You already spent the money? We understand. But at least give her back the purse, OK? And don’t do that no more’.

Our jail population would be drastically reduced. The only folks left in our prisons would be those who smoked weed, and those who robbed banks the old-fashioned way, with a note and a gun, instead of by owning, running, or ‘regulating’ them.

‘Cause robbing banks the old-fashioned way, and smoking dope, are federal offenses…unlike, and much more serious, than murder. By law.

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By Dr Bones, August 24, 2011 at 5:14 am Link to this comment
(Unregistered commenter)

After throwing $ 16 trillion at these criminals, does anyone still wonder who Mr O and the politicians in DC work for? 

Time for a reality check.  Neither of the two parties care about ordinary citizens.  It’s all about corporate person-hood and bribes that SCOTUS explains as corporate person-hood free speech rights.

However when “real” people exercise first amendment rights, such as protesting the mega petroleum pipeline from Canadian tar sands to Texas, Mr. O arrests them and imprisons them for days.  So it is only the corporation that get people rights, not “real” people.

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thecrow's avatar

By thecrow, August 24, 2011 at 5:07 am Link to this comment

But such a winning smile!

http://michaelfury.wordpress.com/2010/05/06/killin/

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By ardee, August 24, 2011 at 4:39 am Link to this comment

I trust no one is surprised at this development, another nail in the coffin of the supposed two party system under which we are enslaved.

I noted, in Mr. Scheer’s rather naive little piece, that he insists upon treated a corporation as a person. As does our government when necessary to avoid the conclusion that it was people who made the decision, people who profited illegaly , people who deserve prosecution.

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By Litl Bludot, August 24, 2011 at 3:55 am Link to this comment

It’s hard to understand why Mr. Scheer still refuses to see the big picture. The
banksters/corporate fascists control our government, NATO countries, and most others. Obama is their most evolved vector, as Bush, Clinton were before him. Tragically, just within the last few years, humanity and the planet are now threatened with capitalists parasites that have mutated into becoming not just local debilitating infections, but pandemic lethal (to all life, the entire biosphere) ideological parasitoid organisms now in control of the most powerful governing bodies on the planet, possessing the most effectively lethal weapons and using them without any hindrance whatsoever.

By the time Scheer and the rest of these “outraged”, intellectually impotent liberals realize the imminent destruction of all life is at hand, they will have served their purpose as crucial distractions to the ongoing, suicidal ideological parasitoid infection, that is currently called “corporate fascism”. Even this term is forbidden them by their timid, dilettante minds.

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