VOTE!

Pay

As a result of the media focus on the crash of a commuter flight in Buffalo, NY it has been revealed that pilots starting out and breaking into the industry make about as much as the girl at Starbucks that hands you your coffee in the morning. Add on to that, the fact that the pilots work long days at a job that it is critical they maintain focus and composure and you get a mild national shock.

I was surprised also. I really shouldn't have been given the nature of corporate America that pays the people that actually do the work a pittance while the executives who have never worked a day in their lives rake in exorbitant salaries. Still when you think of a pilot, its the one job that you wanted as a child that even from adulthood still looks like it has the least chance of turning out like the soul crushing office work you wound up doing.

Now more than ever we need the minimum wage to be set to the actual living wage. There really shouldn't be a distinction between the two. Congress should act now because the old argument that raising the minimum wage would cost jobs doesn't fly when companies nation wide have already cut their staff down to bare bones, cutting labor down to workers with essential functions and then cutting just a few more. There aren't any more jobs to loose.

You might still be foolish enough to believe in the American Dream, that hard work pays off, or you might be an aspiring corporate raider and make the argument that this still increases overhead of even small businesses. Sure it does, but you are willfully ignoring the big picture. To be trite, the rising tide raises all boats. If everyone is being paid a living wage, suddenly you have a surge of new consumers that have never had disposable income before. They are buying their coffee from Starbucks instead of from Maxwell House, which increases the dollars in circulation and increases profits and liquidity.

Of course this only happens if Starbucks, forced to increase wages, doesn't increase the price of their already overpriced coffee. Theoretically this could cause an increasing spiral where the costs of goods is increases commensurate to the increase in the minimum wage creating an runaway spiral of inflation. But that's where the other market forces come in. First, not every company will simply raise prices to artificially keep wages low. In our global mega corporation economy where even the store brand discount paper towels are made by the massive conglomerate that makes the costly brand name ones it is easier for such companies to spread any cost increase out over a large population and over time. This doesn't even have to turn into a situation where Congress is robbing the rich to pay the poor.

This was what we once got from unions. We have them to thank for the weekend and the forty hour work week. Unfortunately now they have turned into a punchline about organized crime and an albatross around the neck of the poorly run auto companies. If unions want to become relevant again they need to seize on this recession and take big bold action that will carry us out of the recession. I don't see this happening. They protect workers who don't work and see themselves as the enemy of management. Even worse younger workers have to pay dues into the union and get little out of it by being relegated to the worst jobs not by the company but by the union that is supposed to be looking out for them, and they still get crap wages because the union had to sell out the decent wages of new employees to maintain the benefits of the retired.

That being said, I have worked for companies that hate unions, ones that just aren't unionized, and ones that have a large powerful union and ones where the union is a minor impact on a portion of business, and I have seen that the big powerful unions still have a beneficial impact on more than the quantifiable benefits and wages one gets.

Feingold's Proposed Amendment to the Constitution

The LHC And the United States Committment to Science Education

The Large Hadron Collider is the biggest and most powerful super collider in the world and humanity hopes to discover new fundamental truths about reality through its use. It was built in France and Belgum but there was once the possibility that an even bigger, more powerful collider would have been built in the U.S. except congress lost the nerve to fund the project after already dumping millions into partial construction. This was not just a loss to the local community and the University system of Texas but to U.S. education. Now the best and brightest minds in physics will be compelled to go to France instead of being drawn to America. New discoverys will be made that will lead to marketable technologies that could have been discovered within U.S. jurisdiction. The loss of talent and potential discovery and the immesurable loss to the U.S. economy is particularly irksome in the current economic crisis. This shortsitedness reflects a general U.S. failure to focus on quality of science education in order to maintain our technological and intellictual superiority in the world.

The Ben Franklin Report: The Bailout Settles In

Just in case you need a reference point to how much the bailout was, consider the number to the right, the cost of the War in Iraq thus far. Yes, the bailout that was passed last week surpasses the amount of money spent on that mistake by leaps and bounds. So, when history is written, how should this period be judged? Where were our priorities? Did we ensure that every child in America had access to primary health care? Were we more concerned about finding a cure for cancer, or spending money on making sure that phone calls and emails didn't contain terrorist-related content?



The bailout and its effects in the market place, in a nut shell. Apparently, today the chaos continues as the first market to open after Bush's signature, the Israeli Tel Aviv Stock Exchange tumbled like a rock going down a sheer slope. 

The fundamental source of the entire financial crisis has been the opaque nature of the books of the biggest financial institutions. The fact that they refused to value assets which, if shown in the light of day, would be revealed to have little revenue potential, will probably end up costing the companies billions in dollars is only being papered over by the bill that the various branches of the federal government approved on Friday. This is further reinforced by new rules from the Securities and Exchange Commission stating that corporations no longer have to price these assets on a 'mark-to-market' basis. That is to say, they no longer have to value them at the price they would likely fetch in a free and open market, but rather can just pencil in whatever they want and use these assets as capital, or as collateral for the various short-term lending programs offered by the Federal Reserve. However, the hanging $55 trillion question in the air is what happens when the Credit Default Swaps start becoming unbundled. For instance, you may remember A.I.G. which met its fate and an $85 billion bailout from the Federal Treasury because of these insurance policies, but has yet to sell a single asset, despite blowing through $61 billion of the money provided in the bailout. Yet their executives party like Nero in Rome. Party on, Wayne. Why worry when none of those responsible for the lending practices will ever be prosecuted? 

So, with some banks saying that they won't even participate in the No Bank Left Behind program and banks that will still fail regardless of their participation, what are we left with? A budget problem that will hamstring the domestic and foreign policies of the next President, whoever it may be, an IRS with undercover investigative powers which will be on the prowl to make sure that every dollar Uncle Sam has coming is brought to the Treasury, and good, old-fashioned rage almost everywhere other than Wall Street. 

A Little More Bacon Makes the Medicine Go Down

Unfortunately, the professional politicians of the Senate, including Sens. and presidential candidates Obama and McCain, voted in favor of a revised version of the bailout. Now, with some tax breaks and other pork barrel spending to enhance the bill's chances to pass through the House, and of course extra flavor. This delicious bacon costs an addition $100 billion, which is far more than I would ever pay for it, no matter how delicious it is. In addition, there are other sections that have been added to the bill, and you don't need to worry anymore about your children's wooden arrows being taxed at an exorbitant rate. One may argue that it passed through the Senate because only a portion of its members have to worry about re-election, which may or may not be the true reason. However, if one feels that this bill is overtly socialist, consider the opposition of Sen. Bernie Sanders, a self-described socialist, who describes the bailout as unfair.

Also, I would like to see the opinion polls that Americans are more confused than opposed to the bill. I'm sure Mike Shedlock would have something to say about that, in between falling asleep at his computer, leading the charge against this horrible piece of legislation.

For those who need this explained, one has the choice of either the illustrious Dr. Ron Paul's Campaign for Liberty, or if you need to have it put into perspective with examples, this Opinion piece by Jonathan Weil is a must-read.

I wish that I could believe that this bailout is just an inefficient piece of legislation written in a system that didn't suffer from the systemic failings that went through Sweden's financial system in the 90's. But, even with, or should I say despite, the benefit of the experience of Sweden's former Finance Minister, the legislation is going forward in the worst way possible. When these banks are able to price these horrible pieces of financial wizardry that are currently befuddling their balance sheets at a price dictated by a former head of Goldman Sachs, the economic crisis will continue unabated, as the underlying fundmental economic problems remain. People will still be losing their jobs and inflation will be destroying the purchasing power of the dollars that are still being earned by those fortunate enough to have employment. This is a very dangerous game, with even more money being wasted on tax breaks that aren't substantiated in any significant way.

Victory for the American People

It hasn't been often in the last 7 plus years of the Bush Administration when one could truly say that the power of people defeated the people of power. When special interests took a back seat to those who really run the country, Mr. and Ms. Average. Since the bailout was originally announced, there have been numerous campaigns to stop it, academic disputes, and even the rarest of the rare, a public battle among the normally tightly disciplined Republican party. But, in the end, those who have to face up to the voters on November 4th realized that voting yes was potentially one of the biggest threats to their political careers, regardless of party. If you look at the list of how people voted in this historic vote, those on the 'yes' side will probably have a rough time of it, if not lose their seats to those who chose not to approve the still horrible re-negotiated version of the bailout proposal. In particular, I'm sure Dennis Kucinich (OH-10th) is feeling a little smug, knowing that he predicted the outcome of the vote.

On a slightly different note, I'm not sure why everyone in the world of pundits is characterizing this rejection of the bailout proposal a failure of governance. In common parlance, bills are said to have failed, but that is almost a bureaucratic term. In real terms, this bailout was an ideological battle between those who are in favor of and those who are against nationalization and similar bailouts in the United States. Moreover, this is not a vacuum of leadership in which the U.S. government is flying down a country road like a  '62 Corsair without a driver., as that has been happening for the last 7 years. 

Of course, in a vacuum, comes the punditry. Perhaps the most offensive piece I've read thus far about the political process that brought about this conclusion comes from Rupert Cornwell from the U.K.'s Independent. My favorite metaphor in the article compares the mechanisms of American democracy to Alice Through the Looking Glass. Putting that aside, though, the author clearly doesn't understand the huge popular backlash against the bailout. Sure, in the U.K. and other parliamentary democracies, the Prime Minister isn't approved by the people at large, but in the U.S. the leaders need to be especially accountable. And to say that the bill died in partisan sniveling is obviously disregarding what was essentially a bipartisan effort to keep the American people from having to shovel out $700 Billion or more on a plan that was only designed to correct the dangerous excesses of the richest segments of society. Perhaps, too, the American people have become wary of those who warn about apocalyptic disaster and offer a solution that meets a certain biased politican agenda. 

Kevin Connolly from the BBC, in looking at the reasons behind the bailouts defeat in the House of Representatives, expresses a strange sentiment, that after this bill's defeat and the sense of crisis that it engenders will offer a way out for the bailout proposal, that Main Street hasn't suffered yet. Unfortunately, the people of the United States have been suffering, which is the underlying cause for this economic crisis. With the inflationary impact of cheap money, combined with tepid job growth, primarily in the services sector since the recession of 2001, people were forced to choose between living and surviving, which meant that the mortgage had to go unpaid. Thus, in a trickle up fashion, the banks and other financial institutions, who were holders of arcane financial securities into which these poorly written mortgages were conglomerated, began to suffer the counsequences of their poor lending practices. I think Mr. Connolly underestimates the intelligence of Mr. and Ms. Average and their understanding of this situation, as Mr. or Ms. Average are probably already unemployed, underemployed, or facing the prospect of losing their job in the failing economy. 

From the campaign trail in Iowa, Sen. John McCain who, infamously, suspended his campaign to not show up in Washington for negotiations, has called upon Congress to return to the drawing board and to get back to work right away. Sen. Barack Obama, from a rally outside of Denver, called for calm, saying that things in Congress are never smooth, and instead of imploring or demanding that his colleagues work on the proposal to shore up the wealth of the financial sector, he used a baseball metaphor.  

So panic thus gripped the financial markets, and the Dow Jones suffered its worst lost ever in terms of points. But, have no fear for liquidity, because Helicopter Ben Bernanke has come to the rescue, increasing the amount of dollars in the global financial system by a whopping $630 Billion dollars. To show you a frightening graph that indicates inflation, perhaps even hyperinflation, is just around the corner, here is the Adjusted Monetary Base, courtesy of the St. Louis Federal Reserve. The highlight of a series of moves in the banking industry, Citigroup has purchased Wachovia, after the stock lost more than 80% in trading on Monday. 

I made you an economy but I broked it.

If any of you are regular readers you may be wondering why these last two weeks have gone without a posting on the economy. There are several reasons. First, our senior economic analyst, TheRedKap is still stuck behind the Great Firewall. Second, my political rage peaked about a year ago. After seven years of rising outrage at this administration I finally reached my limits and fizzled out somewhat.

I haven't been able to listen to Marketplace in almost a year so I have had to try and make sense of this stuff myself. Which is difficult for even economists to understand. If the voodoo priests of the dollar can't explain on whats going on, what hope does an average American have? Here is one thought I had yesterday which I hope is not so obvious that I appear foolish for taking the time to lay it out.

One economist yesterday likened the current $700 B...B...B...Billion Bailout to that scene from Blazing Saddles when Bart, played by Cleavon Little, holds a gun to his own head to keep the town from lynching him. Wall Street, here played by Henry Paulson, is holding the gun to its own head and saying they will pull the trigger if we don't save them from their own mistakes. That's pretty obvious but it's the first step. So, what caused this situation? Housing and real property values have risen astronomically bolstered by unfettered access to credit. People were given loans that they could never pay back and the sleaze bags that sold them these loans bunched them together to hide that they were bad investments and then gave them to ratings agency sleaze bags that told the whole world that this was some good shit. Then the poor people who were lied to about how much house they could afford in George Bush's "ownership society"start defaulting on their mortgages. Banks sit up and take notice and start forecasting falling profits and eventually losses and then admit that they don't know how many of these toxic mortgages are going to explode, but they have lots of em'. Opportunist investment bankers then short sell the stock of these banks. (Short selling is either complicated, or simple and commonplace depending on which economist you are talking to and their politics, but the basic explanation is investment bankers try to drive down the value of a stock in order to make a quick buck. They do this because they don't actually have jobs and don't contribute anything of value to society and can only destroy. Like little economic vampires in suspenders.)

So, you get to our current situation with overinflated housing values putting pressure on the markets because banks are so heavily invested in these things that aren't worth what they paid. Now they want the government, meaning the taxpayers, meaning you and me, to buy these worthless bundles of mortgages. They say this will set a bottom level price that they can always be sold to the government for, so that investors can never loose all the money they put into these mortgages, eliminating the mystery of whether the one they just bought will explode in their hands, thusly bolstering confidence in the market and loosening up credit so you and I can go back to buying 72" LCD TVs and leveraging our house to put a pool in our back yards. Thusly fueling the rampant over consumption that has fueled the economy.

Except maybe some of these banks should fail. Maybe an economy based on credit is inherently unstable. Maybe we shouldn't just go back to buying cheaply made garbage from overseas? Maybe these same people that have been pushing for deregulation and chanting the mantra of the free market, when suddenly faced with the terrifying face of the monster that is the free market, they let up a cry for socialism such that has not been heard since Lenin. These people who have played games with our retirement and destroyed the value of our employers and our homes want it both ways just as long as they don't have to feel the pinch. Analysts point out that CEO's of these failed banks are getting fired but mention golden parachutes to them and they begin to dissemble. It doesn't take an economics degree or an MBA to understand that if someone who made over a million dollars in income last year looses their job, they aren't going to loose their house or go hungry like the guy working down at the Ford plant in Cleveland, or the GM factory in Janesville. These guys on Wall Street are more out of touch with what middle class is then McCain. When was the last time an investment banker welded the bumper onto a car or pulled a ton of coal out of the Earth with only their sweat and muscle?

OK, I got distracted by class warfare there. Where does this $700 Bubble Burst Bailout Billion come from? It doesn't just come out of the ass of Johnny Taxpayer, it gets squeezed out of the value of the Dollar. What the markets and Paulson are asking congress to do is to transfer the overinflated value of housing and real property indirectly to the value of the dollar. Inflation. I am talking about inflation with a capital "I." The value of the dollar has been falling against other currencies over the course of this whole subprime crash and since commodities are pegged to the dollar it has fueled the rise in costs of oil and food and other basic essentials. So basically after destroying the value of our homes and companies, the Wall Street voodoo machine is going to destroy the value of our labor and the dollar. I think they are doing this because they know that their "labor" doesn't have any value.

The Walk of Shame: Corruption and Government, Don't Look So Suprised

Apparently the tax law is so complex that even the guy in change of writing it doesn't understand his own obligations under that law. Or maybe he just forgot to report tens of thousands of dollars in income over two decades. Somehow, I think that if I made a similar mistake there would be gruff men in dark suits knocking on my door.

Speaking of money owed to the government. Days after the Interior Department received an award for high standards of integrity the Inspector General of the Interior Department issued a detailed report describing inappropriate conduct among the minerals management services who collect royalties from oil companies. The sordid dealings include contract fixing, inappropriate sexual relationships between regulators and oil company execs, and regulators being on the payroll of oil companies as consultants. The missing money comes in where the MMS has failed to pursue thousands of dollars in royalties owed to the government by the oil companies while they have been racking in record profits and growing fat off of huge tax subsidies. Subsidies which also don't seem to be doing anything to keep gas prices low. At least the "MMS Chicks" had a good time.

Pelosi seems to think this will effect the nature of the debates regarding increased offshore oil drilling. By which she doesn't mean that this information revealing that the Bush administration could have done something about the rising cost of oil will be used to take increased drilling off the table. (Drilling that wont do anything to reduce the cost of oil since it will take decades for there to be any production and that production will be so small as to not make any impact at the pump.) No, this will just result in some language being added to the bill regarding integrity. This new information won't change anything because it has already been decided to go ahead with drilling. In fact congress has decided to go ahead with a worse plan than that suggested by Paris Hilton.

War and Business as Usual

When one learns of phenomenal profits reaped by elected officials during their tenure, the typical reaction isn't necessarily one of disgust. However, when one learns that several officials personally profited off of W's decision to go to war, any American citizen who claims to 'support our troops' should be incensed. Incredibly, to belabor the point with an altogether morbid and tragic twist, the fact that 2004 Democratic Presidential nominee Sen. John Kerry of Massachusetts, one is left simply flabbergasted.

Why, after all, should the voters attempt to disregard an individual's rational choice? If the decision is presented that one must vote against or otherwise hinder and impede a potentially illegal invasion of another country yet lose billions of dollars (and counting) in the process, or wave a flag and cash the checks, the voters should not expect much.

Clearly, many American politicians are in the business of war, but how much of this business is really in the public interest?

My Contempt for W

If those who are being held in contempt of Congress are above the law because they were ordered not to cooperate by Bush himself, then why not hold W in contempt? There is no article or provision that puts the President above the laws of the land. For offenses up to and including the most heinous crime against a state, treason, the President should expect, as any other citizen, the combined weight of our laws, codes, and regulations when he chooses to violate them. Otherwise, why should any other citizen expect that there will equitable enforcement of the laws? Tin foil hats aside, with just a sparse review of his conduct, there are very simple cases that can be made. For starts, how about the NSA wiretapping program that is widely acknowledged to have been illegal? Then, in the light of Grand Jury discovery, or perhaps even the threat of it, we can finally untangle the web of lies, spin, and contempt which has so characterized the way the Bush administration has treated its adoring public.

Tons o' Guns

As always, there is a firestorm of news and protest surrounding U.S. foreign arms sales. And, of course, the countries involved are potential flashpoints for future conflicts.

From Iraq comes news that the Defense Department is bolstering its foreign military sales staff in Baghdad. In a program that was already plagued with problems of corruption and mismanagement, the problems were further compounded when the program realized the ridiculous leap in funding levels, from $200 million to $3 billion in only one year. The corruption in the acquisition process already has the potential to sour relations with our NATO ally, Turkey, as weapons bound for Iraqi troops have showed up in the hands of militant fighters fighting for an independent Kurdistan. However, due to the personnel shortage that accompanied the increased workload, the Iraqi government was forced to buy weapons from other countries. Now, members of Congress reportedly want to know whether American money was used to buy Chinese weapons for the Iraqi Army.

Arms sales, in fact, also provide one of the main sticking points between the United States and China, mainly weapons sales to the island of Taiwan. The economic problems that are the most prominent in the domestic, national discourse in U.S. relations with the PRC have been "underlined by the U.S. for years." However, the issue of Taiwan and the foreign arms sales are the basis for the other point of contention between the two superpowers. In fact this year, Section 1206 in the National Defense Authorization Act of Fiscal Year 2007, the House of Representatives Armed Services Committee establishes some pretty firm policies. Emphasis has been added by author.

More importantly, the committee believes that
maintaining a balance of power across the Taiwan Strait is critical
to ensuring deterrence and preserving peace, security, and stability
in Asia. China’s National People’s Congress adopted an anti-secession
law that essentially authorizes China’s Central Military Commission
to use non-peaceful means against Taiwan if the latter declares
independence. The committee is concerned that this law, in
conjunction with an excessive military build-up by China, may signal
a weakening of deterrence across the Taiwan Strait. The committee
believes that the exchange program, by helping to strengthen
Taiwan’s defenses, would help preserve and strengthen deterrence,
thereby encouraging China and Taiwan to resolve their differences
peacefully.

Considering that Chinese military spending is growing to make the PLA one of, if not the, strongest land forces in the world, the logic of the policy is almost self-defeating. The amount of equipment and money necessary to maintain the vision of deterrence expounded by this doctrine is well beyond the means of the United States. Look for this policy to cause problems in the future, as the U.S. is left groping for a new tact to maintain the stability in the region that is so vital to the international shipping lanes. The real question that would help one in thinking of this problem is, what event could happen that would leap the PRC's political elite to abandon the current Nash Equilibrium enjoyed by all parties in the region, in favor of a military strike? To which, the U.S. is bound under law to look upon with "grave concern," as per the 1979 Taiwan Relations Act.

There is a new arms race brewing in South Asia, although not the usual type. In this case, the developed countries of the world are falling over themselves to provide India with the next generation of military equipment. Looking at potential spending reaching $40 billion dollars, it's not hard to imagine why countries would feel interested in the competition. Nicholas Burns, the Undersecretary of State for Political Affairs feels so strongly about the subject of U.S.-Indian ties that he wrote an article for the current issue of Foreign Affairs. I particularly enjoy who he actually tries to make the article sound sincere in believing that ideology trumps the buying power of the Indian rupee. Again, the subtext to the entire discussion is long-term ties with India, in the fact of a emerging threat from China in Asia.



Before going onto the next topic, enjoy a little video goodness.
















Now, the JDAM is going on sale to countries in the Gulf region, specifically Saudi Arabia, which has caused quite a bipartisan reaction on Capital Hill. One should consider, though, that Israel and its lobby aren't protesting the sale in and of itself, only the fact that sales of this type reduce the strategic and technological edge enjoyed that enforced deterrence and brought stability to the region. The sale is practically dead on arrival.

Finally, in Pakistan, an assassin has taken the life of former Prime Minister Benazir Bhutto, but that shouldn't stand in the way of ever-stronger ties developing between the U.S. and Pakistan. In particular, this event will not interfere in anyway with the proposed $2.1 billion arms deal in progress. Pakistan is slated to purchase 18 F-16s of the C and D variants.

The end result of all of this is that American foreign policy, especially in the case of Pakistan, is being pulled into a cycle of arming one side to counter another threat that may or may not be of its own creation. And while arms sales and military relations reach new highs, things such as civil society and rule of law tend to be left by the way side. The Military Industrial Complex isn't exactly a democratic institution, after all. Those who are in a strong position to regulate this very important facet of foreign policy are focusing on other priorities, to say the least. Instead of controlling the number of arms distributed internationally, they are worried about the transfer of sensitive information, and the ramifications of Globalization on the MIC, but more on that later.

The Budget Process

In one of the surest signs yet that the "opposition" party is firmly in the pocket of W and his administration, Congressional Republicans are more upset about the federal spending bill under consideration than the Democrats are. The interested onlooker might note that the bill includes most of what Bush asked for, and also some extra money to spend on developing coal power sources. Because that's real progressive legislative policy in keeping with the preferences and long-term interests of the American voter. As of press time, I hadn't heard back from the article's author on whether or not the Congress was really planning on spending $195 billion to fix that bridge up in Minnesota, see the video goodness below.

Loss of International Good WIll

During the initial phases of the feigned outrage in congress over the use of torture on those in U.S. custody, then Attorny General nominee Alberto Gonzales said in responce to criticism that even if we torture people Americans can never be as bad as the terrorists. It has also been remarked with dismay that the whole way in which the Bush administration has been treating detainees is one of the main reasons we are loosing all of our good will internationally.

http://seattletimes.nwsource.com/html/politics/2002170340_gonzales04.html

For example, Russia has been throwing obstructions infront of international election monitors that they had origionally invited to oversee their current round of national elections. They dont take kindly to any criticism that they might not be behaving like a democracy should and impugn the recent American human rights record and voting irregularities stating that we are not ones to talk down to them about democracy.

http://ap.google.com/article/ALeqM5iyBfqwTaolA0ETVWNlYycSzVpn8wD8SV0H3O0

Pakistan is less subtle when it points out the speck in our eye to divert criticism from the plank in their own. General/President Pravez Musharrif declared a state of emergency and imprisioned political opponents, and today installed a "caretaker government." Musharrif justifies all this under his countries anti-terrorism laws and points to the U.S. when he justifies locking up dissodents. He says he is doing this to protect his country from radical islamists, but the people he is throwing in jail are the legitimately elected moderates he ousted from power in a military coup. His recent behavior and comments are reminicent of the attitudes of the types of people we have been forced to team up with in Bush's global, generational, war on terror. We have to deal with tribal warlords who see the way we behave and missapprehend it as anti-islam. They say they are also against the Islamists and say they are on our side. Once they have our support they proceed to be corrupt, violent, crime lords.

http://www.bloomberg.com/apps/news?pid=20601087&sid=a2GeoguY159A&refer=home

http://www.ctv.ca/servlet/ArticleNews/story/CTVNews/20071107/Malalai_Joya_071107/20071107/

Another Big Fuckin Suprise

This is one of those things that is actually news of the situation being worse than previously known. However, noone will take any notice because everyone already assumed it was this bad. Basically, ATT was tapping EVERY FUCKING CALL, EMAIL, OR BIT OF INFORMATION you transmited over their lines.

Thats really fucking important!

The question being tossed around in the courts and the legislature is weather the government can tap calls involving foreigners because its pretty fucking clear that tapping the calls of a US citizen is illegal. But thats exactly what they have been doing.

http://seattletimes.nwsource.com/html/politics/2004001159_spying08.html?betterheadline

Salvation for sale by the 12 pack

Sen. Chuck Grassley, R-Iowa, is asking for the financial records of a number of the nations largest televangalitical organizations, because (GASP!) something might be amiss. Something seems askew. Something ain't quite right here. I cant quite put my finger on it but perhaps these fabulously wealthy organizations that enjoy tax-exempt status seem a bit odd when the "ministers" are making six(6) figure salaries and driving a Roles Royce. (quite the fine automobile)



Some of you might be wondering why they are scrambling to comply voluntarily. It seems to me that this sounds like a voluntary request at this point and if one were misappropriating money from a tax-exempt organization and inclined to commit further crime, one could alter ones records to appear less damning, and thusly seem to be in compliance in hopes of avoiding an investigation by the IRS who may be more inclined to use police authority and warrents to get the information they require. Not that any of these just crusaders for the glory of Christ would even misuse the money in the first place, let alone lie about it to a duely elected member of congress.



http://blog.beliefnet.com/news/2007/11/george-osmond-patriarch-of-osm.php

Rage for Breakfast

In a case of trying to have one's cake and eat it, too, the Bush Administration, through the Departments of Justice and State (re: more political interference in the federal bureaucracy) is pushing Congress to not adopt the Sudan Accountability and Divestment Act, which appears to be the brainchild of savedarfur.org . As loathesome as the conduct of the Bush Administration may be at times, this is by far the worst case of hypocricy and ineptitude that has been demonstrated thus far. I mean, it may not seem like the most pressing issue in the world to some, and I'm not going to touch upon the obvious question that this viewpoint raises. However, in this situation, even a little practical U.S. support in the form of even an AWACS or two tasked to administer a no-fly zone to support the UN Peacekeepers, could go a long way toward bringing about a sustainable resolution to the issue. Given the strong response that the crisis drew from the administration in the past, notably in the speeches of former Secretary of State Colin Powell and current Secretary of State Condoleeza Rice, one would think that they might consider more than just their political backing. Which brings me to, perhaps, the most important question raised by this entire affair, just who is the administration protecting? Whose stock price stands to take a tumble after retirement funds and pension boards all over the country divest themselves of corporations doing business in the Sudan?

Rage is clinically proven to be a better stimulant than a morning cup of coffee.