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Is there anything much left to say? 8 October 2008

Posted by marisacat in Inconvenient Voice of the Voter.
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“This isn’t a time for fear or panic. This is a time for resolve and leadership. I know that we can steer ourselves out of this crisis. Because that’s who we are. Because this is the United States of America.”

Obama – today – out on the hustings – Indiana State Fairgrounds –  preaching to humanity on the hoof

*****

This did at least give me a hoot:

An amused RNC spokesman sends around this clip from a Joe Biden rally in Tampa, at which he was s introduced as “the next Vice President of the United States, Joe McCain.”

Sums it up!

^^^^^^^^^^^

zz

Mogadishu

BAR put up a story on AfriCOM (seems to be the latest large cap/small cap mix around!) and there are stories that, just this past week, the US is honing in on Tan-Tan Morocco for a base… OR!  Luanda Angola.. mebbe. Denials froth forth.

[E]vidently, keeping Africa barefoot, hungry, sick and at war with itself is good for American business. During the bloody Congolese war, in which the US supported armies of nine nations invaded and pillaged the Congo killing at least five million of its inhabitants, US policy was focused on keeping the timber, gold, titanium, and other strategic minerals flowing to the US and its allies, regardless of the civilian death toll. At the same time, a conflict in Darfur, with somewhere between one twentieth and one fiftieth of the Congo’s death toll has rallied the bipartisan US foreign policy establishment to call for open US military involvement in Darfur, perhaps because some of Sudan’s oil is going to China.

Africans are not fools, and despite the clamor of a few of the continent’s most discredited and craven regimes to locate Africom in their countries, probably as the ultimate insurance against coups and revolutions, Africom has not yet found an African host country. Most African governments fear being labeled as abject stooges of Africom. They fear the wrath of their own people, which is as it should be.  […]

kip ward in Luanda last week

William “Kip” Ward, Commander of AFRICOM, in Luanda last week.

Happy!  Birthday! AfriCOM!

[W]ard has already backed down from the goal to establish his headquarters in Africa, which is a symbolic defeat. The headquarters remains at Kelley Barracks in Stuttgart, Germany for the foreseeable future. He will still have a large base in the Horn of Africa, which will likely serve as AFRICOM forward. (At the same time Congress cut funding an AFRICOM headquarters, it increased funding for expanding the base in Camp Lemonier in Djibouti.)

Additionally, the command has had to re-emphasize its role in bringing stability to Africa through military training. This is a very different message than the “hearts and minds” message it was initially promoting. In my view, it was a mistake to overplay the development dimension of the command, which provoked ire from the traditional development community who can do these jobs much more cheaply and effectively than the U.S. military can.

There are traditional military missions to be performed in Africa and AFRICOM should not run away from these.  It can train and deploy African Union peacekeepers to combat genocide in Darfur and Congo.  It can train and equip regional coast guards to interdict piracy to prevent regional security fallout from weak states like Somalia.  It can facilitate maritime safety and security in West Africa to help staunch the illicit trafficking of drugs, weapons, and people that are a threat to Europe.

[It is ready to fuel WAR! — Mcat]

Along these lines, Ward has urged leaders to be patient and judge the command by the legacy programs it will continue and the new missions it will conduct. He is working to field diplomats, builders, and guardians, not warfighters. The command will help partner countries control their borders, deploy peacekeepers to conflict zones, and develop the capacity to make peace with neighboring countries.  […]

America is lining up her ducks. Picking her new war colors… And I won’t fool myself, as some media wants me to… that we “can’t afford more war”. I heard Americans, the past few weeks, agree over and over to scale back. Did they mention war? To be scaled back? No.

I doubt, by now, many Americans really care, at all, about bin Laden. The government surely does not and never did, imo. But he is the live rabbit at the end of the stick, as our tired greyhound bodies pound out the distance.

What a mess.

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1. NYCO - 8 October 2008

Saw this on Calculated Risk. Is it being reported anywhere else?

From Radio Telefis Eireann:

There have been riots on the streets of Hong Kong following heavy losses at the city’s Hang Seng index.

The Hang Seng closed over 8% lower with losses in banks, communications companies and exploration companies.

Customers are trying to get their money out of bank branches and many are protesting about losses related to the collapse of Lehman Brothers.

2. marisacat - 8 October 2008

wow no… but I had noticed that Hang Seng took a bigger hit than other Asian markets.

Thanks for posting that NYCO.

I would call that real, official, bank run and panic.

3. NYCO - 8 October 2008

Actually, the Nikkei was down 9% plus. but it’s hard to imagine Japanese folks rioting.

4. marisacat - 8 October 2008
5. marisacat - 8 October 2008

Found an AP report at a bulletin board, but without a link:

Hundreds of Lehman investors protest in HK
Wednesday October 8, 7:47 am ET

By Dikky Sinn, Associated Press Writer

Hundreds of Lehman Brothers investors protest in Hong Kong in hopes to recoup money

HONG KONG (AP) — Hundreds of angry Lehman Brothers investors protested in Hong Kong Wednesday to demand a full refund of their investment backed by the failed U.S. bank.
The rally came after the Hong Kong government proposed Monday a buyback scheme under which local banks and distributors of Lehman-backed bonds would buy back the products at a value to be decided on.

However, most investors rejected the plan which they said would only help recover a small part of their investments.

Chanting slogans “Return my blood money” and “Stealing elderly money,” protesters rallied outside the territory’s legislature building in the downtown Central financial district to urge newly elected lawmakers to investigate the sales of Lehman-backed bonds in Hong Kong.

The investors, many of them near or at retirement age, also swarmed several major banks, including Bank of China and Standard Chartered, in small groups in hopes to recoup their money.

Organizers said about 1,000 people attended the rally. Police did not offer an estimate.

Protesters accused banks that sold them Lehman-backed bonds failed to explain to them the products were linked to the bankrupt U.S. company as they thought their investment carried low risk.

“I was only told it was an investment with principal protection,” said electrical repairman Chan Hong-ming who bought $30,000 worth of Lehman-backed bonds two years ago from Bank of China.

The 50-year-old said the bank salesman had deceived him by not telling him the bonds were secured by swap obligations guaranteed by Lehman.

“The bank just cheated me … Now I don’t even know how much my investment is worth.”

Housewife Annie Ng also said she was misled by banks when she bought the $15,000 bond.

“I’d never heard of Lehman Brothers before. I wouldn’t have bought it if I knew Lehman was involved,” said the 60-year-old mother who planned to passed on the money to her children.

Billions of dollars in souring debt forced Lehman Brothers Holdings Inc., once the fourth-largest investment bank in the U.S., to file for bankruptcy last month amid the world’s worst financial crisis in decades.

Hong Kong’s Securities and Futures Commission estimated outstanding value of Lehman-related investment products in the city amounted to about HK$15.6 billion ($2 billion). Regulators also have received over 5,000 complaints in relation to the products.

6. liberalcatnip - 8 October 2008

From the last thread:

#118 LC…. got a friend of a friend, crazy as a shithouse rat but witchy as hell… said, in June, this winter is gonna be a real bitch. Who knows….

More afghans! Must crochet!

7. liberalcatnip - 8 October 2008

To be fair, I had stepped outside earlier and saw chunks of white stuff falling from the sky. Yes, it was snow, but it only lasted for a few minutes. But still, it WAS snow.

I remember one Halloween – my daughter was about 7 or 8 and we were living in the homeland (Saskatchewan). The temp was -28C. She begged me to let her go Halloweening with her older friend so I bundled both of them up massively and they went around the block. They came back with a ton of candy because no other kids were out.

8. liberalcatnip - 8 October 2008
9. liberalcatnip - 8 October 2008

Chicago’s Cook County won’t evict in foreclosures

CHICAGO (AP) — The sheriff here said Wednesday that he’s ordering his deputies to stop evicting people from foreclosed properties because many people his office has helped throw out on the street are renters who did nothing wrong.

“We will no longer be a party to something that’s so unjust,” a visibly angry Cook County Sheriff Tom Dart said at a news conference.

“We have to be sure that when we are doing this – and we are destroying some people’s lives – we better be darned sure we’re talking about the right people,” Dart said.

Good point.

10. marisacat - 8 October 2008

8

still going on here. In some ways it’s been a campaign of intimidation, to forestall a repeat of the big Latino immigration marches of spring 2006

11. liberalcatnip - 8 October 2008

10. It’s pretty damn sad.

12. marisacat - 8 October 2008

Also said at the Indiana State Fairgrounds…

“But despite all of this, I ask of you what’s been asked of the American people in times of trial and turmoil throughout our history. I ask you to believe — believe in yourselves, believe in each other, believe in the future we can build together.” […]

“There is only the road we’re traveling on as Americans — and we will rise or fall on that journey as one nation and one people.”

“Look at this crowd,” … “Together we cannot fail. Not now.”

13. Madman in the Marketplace - 8 October 2008

Md. Police Put Activists’ Names On Terror Lists

The Maryland State Police classified 53 nonviolent activists as terrorists and entered their names and personal information into state and federal databases that track terrorism suspects, the state police chief acknowledged yesterday.

[snip]

The surveillance took place over 14 months in 2005 and 2006, under the administration of former governor Robert L. Ehrlich Jr. (R). The former state police superintendent who authorized the operation, Thomas E. Hutchins, defended the program in testimony yesterday. Hutchins said the program was a bulwark against potential violence and called the activists “fringe people.”

Sheridan said protest groups were also entered as terrorist organizations in the databases, but his staff has not identified which ones.

Stunned senators pressed Sheridan to apologize to the activists for the spying, assailed in an independent review last week as “overreaching” by law enforcement officials who were oblivious to their violation of the activists’ rights of free expression and association. The letter, obtained by The Washington Post, does not apologize but admits that the state police have “no evidence whatsoever of any involvement in violent crime” by those classified as terrorists.

[snip]

“What John Walker did is spying,” Hutchins said, referring to John Walker Jr., a communications specialist for the U.S. Navy convicted of selling secrets to the Soviet Union. Hutchins said the intelligence agents, whose logs were obtained by the American Civil Liberties Union of Maryland as part of a lawsuit, were monitoring “open public meetings.” His officers sought a “situational awareness” of the potential for disruption as death penalty opponents prepared to protest the executions of two men on death row, Hutchins said.

“I don’t believe the First Amendment is any guarantee to those who wish to disrupt the government,” he said. Hutchins said he did not notify Ehrlich about the surveillance. Ehrlich spokesman Henry Fawell said the governor had no comment.

14. Madman in the Marketplace - 8 October 2008

Be Logical, Captain!

The illustration made me laugh.

OH, and thanks for the Kucinich link.

15. Intermittent Bystander - 8 October 2008

catnip – It snowed in the Adirondacks a week ago, I’m told. And last weekend forced most folks around here to (aaargh) turn their furnaces on. Saw a report the other day that utility shut-offs are climbing, and heating costs are expected to rise 15% this year. I hope the witches and farmer’s almanac types are wrong, and it’s a mild one, or there will be plenty more folks having to choose between paying rent or mortgage and getting an oil delivery.

*

Found this the other day – pollwatchers might find it handy for bookmarking as election day draws near. It’s a funky interactive graph showing how various news organizations are predicting electoral college tallies, by individual state.

Track the electoral college vote predictions

The Takeaway is a unique partnership of global news leaders. It is a co-production of PRI (Public Radio International) and WNYC Radio in collaboration with the BBC World Service, The New York Times and WGBH Boston.

16. marisacat - 8 October 2008

hmm Michigan based Mother’s cookies (isn’t this a big standard national brand?) shut a San Jose factory (Monday) with no notice. And the company checks to cover employee Health Insurance bounced. So no job, no notice and no health insurance. Instantly.

17. Madman in the Marketplace - 8 October 2008
18. marisacat - 8 October 2008

well, we had two days of mugginess… tho they are saying now that a DRY CANADIAN FRONT is moving in… LOL. And of ocurse the standard warning, fire hazard goes up.

I am sure we will sue.

Tho of course, we had fires start thru the mug too.

19. Madman in the Marketplace - 8 October 2008
20. Madman in the Marketplace - 8 October 2008

SF Bay Guardian: Obama for President, Sheehan for Congress, and more

CINDY SHEEHAN

The antiwar leader and Gold Star mom who put George Bush on the defensive is at best a long shot to unseat the Speaker of the House. Cindy Sheehan has only recently moved to the district, has no local political experience, and is taking on one of the most powerful politicians in the United States.

But we can’t endorse Nancy Pelosi, who has consistently supported funding the war (and has refused to meet with antiwar protesters camped out in front of her house). Pelosi pushed the Wall Street bailout and privatized the Presidio.

Sheehan wants a fast withdrawal from Iraq, opposes any bailout for the big financial institutions, and is a voice against business as usual in Congress. This is a protest vote, but a valid one.

Congress, District 13

21. marisacat - 8 October 2008

oh I am totally confused.

I thought I was SF 2, CA 6 and CD 8.

I feel pretty sure that the Bay Guardian is accurate.

22. Madman in the Marketplace - 8 October 2008
23. Intermittent Bystander - 8 October 2008

Saw that John Oliver bit the other day and it cracked me up!

(Especially since a family member had recently confided his theory that uncommitted voters are specially grown on idiot farms and harvested for election season.)

24. marisacat - 8 October 2008

Just got served Stiff Nancy, puppy dog eyes Jackie Speiers (wh o nearly wept, on camera, at the unemployment of “so many”, then named a figue of “700,000”, sounds kinda low to me) and then George Miller who looked like a stone carving in his front lawn. It occured to me he was either stoned or drunk and had gone to a point of no movement.

They all sounded like utter loonatics.

25. Madman in the Marketplace - 8 October 2008

23 – when I worked in a call center I had a co-worker who used to say, after particularly stupid calls … “yup, and THAT’s a voter.”

26. Madman in the Marketplace - 8 October 2008
27. marisacat - 8 October 2008

FWIW, Packer has a look at Ohio… in The New Yorker:

[T]he next day, Governor Ted Strickland, a Democrat who remains popular in Ohio, announced a budget shortfall that would require painful spending cuts across the board. The state’s budget director, Pari Sabety, told me, “There are a lot more part-time jobs, jobs without benefits, jobs that require a broader social safety net than we currently have. We are not creating high-value jobs at a rate that can absorb people who are losing high-value jobs of the old economy.” The economic crisis, she went on, is so grave that it has created room for a renewed discussion about the role of government in people’s lives. “Here’s the opportunity before us. What’s happening is a slow-motion Katrina to economies like ours. I feel like we are where F.D.R. was.”

Obama has had particular trouble with the prized demographic group that once delivered the Presidency to Roosevelt and his successors. Anecdotally, and in polls, unusually large numbers of working-class voters seem to remain undecided or determined to sit the election out, as if they couldn’t bring themselves to vote Republican this year but couldn’t fathom taking a chance on Obama. Roger Catt, a retired farmer and warehouse worker, who lives in a small town near Eau Claire, Wisconsin, characterized the choice this way: “McCain is more of the same, and Obama is the end of life as we know it.”

Gloria Fauss, the longtime political director in Ohio for the Service Employees International Union, or S.E.I.U., which backs Obama, said, “I’m very worried. The conventional wisdom is that the economy will trump this year. I’m not so sure. The economy may override social issues this year and people still might not vote for Obama.” Fauss has spent years studying the results of polls and focus groups among Ohio voters, and she has learned that judgments about character and values can be decisive even among those who rate jobs and health care as more important than abortion. “You can’t make the assumption that because people are suffering economically and the last eight years have been downhill and things are very bleak for them—you can’t make the assumption they’ll vote Democratic. There’s just no basis for that.” ::snip::

With the caveat that it is NRO, Geraghty takes a look again (ther are others below) at the week of open registration with same day voting in Ohio. It may have underwhelmed.

I assume the Democrats can throw themselves across the finish line… but I am suspicious of their beginning meme that the race is over. And Ob is king.

28. Madman in the Marketplace - 8 October 2008

Obama is the end of life as we know it.”

Sadly, he’s not … he’s more of the same, just w/ new marketing.

29. marisacat - 8 October 2008

BTW, will see if it might make a post this week, but Prop 4 (parental notification, with a shitload of confusing legal language) is showing a 7 pt spread in favor. Bad news.

NO on 4 has not started TV ads yet, but there are PRO ads around.

Also Sebastiani, scion of the wine and one of two big moneyed Catholic backers, is appearing in news spots. Talk about a fucking wanker. I had never seen him. Doubt he could get a chicken pregnant.

AND, as well, Prop 8, SSMarriage may be in trouble. There is a local CBS poll running around that is worrisome. The antis are running a VERY powerful TV ad, using Newsom being a fucking asshole the day of the SC ruling. I figured then his words would be used. IMO he has ALWYS been a switch hitter showing up in the Dem column but WAY TOO CLOSE to the Hoover Institute, who I heard long long ago, quietly backed him for Mayor, years before he managed to squeeze in in 03..

The vote to preserve SSM has a very low key TV ad running.

gah.

30. marisacat - 8 October 2008

Oops it posted before i was done.

Sully is quite tetched, for days now, over the Prop 8 tension. But he should get a mirror. The rest of his page is threaded with care and love for evangelicals and he is again demanding (several days running) the medical records on the Palin baby birth.

Of course all is working well for Sully, if it loses it will be black church goers (he seems woefully painfully ignorant of CA demographics) and Palin exciting the xtian base.

31. Madman in the Marketplace - 8 October 2008

Dennis Kucinich on the Democrats’ Bailout Betrayal By Chris Hedges

The passing of the $850-billion bailout pulled the plug on the New Deal. The Great Society is now gasping for air, mortally wounded, coughing up blood. It will not recover. It was murdered by the Democratic Party.

We are on our own. And don’t expect any help from Barack Obama and Joe Biden, who lobbied hard for the bill and voted for it. Ignore their rhetoric. Look coldly at the ballots they cast against us. We, as citizens, have only a handful of representatives left in Washington, most of whom were left sputtering in rage and frustration on the House floor. The sad irony is that some of them were Republican.

“This was the largest single act of class warfare in the modern history of this country,” Rep. Dennis Kucinich, D-Ohio, who led the fight in the House against the bailout, told me by phone from Cleveland. “It is a direct attack on the American people’s ability to be able to stabilize their homes and their neighborhoods. This single vote will define the careers of everyone. We are back to taxation without representation, to markets that are openly rigged.”

“We buried the New Deal,” he said of the vote. “Instead of Democrats going back to classic New Deal economics where we prime the pump of the economy and start money circulating among the population through saving homes, creating jobs and building a new infrastructure, our leaders chose to accelerate the wealth of the nation upwards. They did so in a way that was destructive of free-market principles. They ripped away all the familiar moorings. We are in an uncharted sea where the traditional roles of the political parties are being switched. The Democrats have unfortunately become so enamored and beholden to Wall Street that we are not functioning to defend the economic interest of the broad base of the American people. It was up to the Republicans to protect not just a so-called free market but the American taxpayer and attempt to block this. This is an outrage. This was democracy’s Black Friday.”

32. marisacat - 8 October 2008

O’Biden are car salesmen.

33. Madman in the Marketplace - 8 October 2008

Meant to add that Dennis, once he’s re-elected this fall, needs to announce that he’s leaving the party, if he’s serious. Declare himself a Green or some other third party.

He won’t, though, and it probably wouldn’t do anything anyway.

34. marisacat - 8 October 2008

Actually I wonder why Sheer keeps Hedges around, Ritter as well… and even Marie Cocco gets off stuff more irritable than the usual pro Dem party slate that TruthDig has become allows.

My guess, like Dkos, the stronger more adventurous voices bring in readers.

Unless one likes EJ Dionne, seeped in dullness and party faxes.

35. Madman in the Marketplace - 8 October 2008

So let us honor, in our moment of defeat, the handful of elected officials who valiantly defied their party leaderships in the House to stage a remarkable revolt that at first succeeded. Kucinich is one. There were others—Brad Sherman, Marcy Kaptur, Peter DeFazio, Lloyd Doggett and Robert C. “Bobby” Scott. They are about all that is left of the old Democratic Party, the party that once looked out for the poor and the working class. Send them a note of thanks. They deserve it. And if you live in their districts make sure you get to the polls in November. They did not sell you out.

“We had two take-it-or-leave-it propositions and the second one was worse than the first,” Kucinich said, referring to the plan that came loaded with pages of tax cuts. “Tax cuts are antithetical to a bailout. We never solved the problem. There were never any hearings on the bill. This premise, that we could prop up the stock market with a $700-billion investment and create some liquidity, was flawed. The problem is that banks do not want to loan to each other. It is not a liquidity problem. Banks are afraid they are going to collapse in short selling. There is a war going on between security firms and banks. Banks are under assault. They are not loaning. The dynamic is driven by the Accounting Standards Board, the Securities and Exchange Commission and the Fed.”

The root of the financial crisis, as critics of the bailout plan point out, is that millions of homeowners cannot pay their mortgages. The bailout, as the market decline on Friday following the vote illustrated, does not address the crisis. It solves nothing for the 10 million Americans who face foreclosure. It solves nothing for the growing numbers of unemployed and underemployed. It may well be the equivalent of tossing $850 billion of taxpayer money (including $150 billion in tax cuts) into a furnace and watching passively as our economy continues its plunge.

“We face a perfect financial storm,” Kucinich warned. “The elements are the deficit spending for the war of 3 to 4 trillion dollars, the trillion and more tax cuts, the war itself and the lack of serious investment in the country. We are being hollowed out. We are going to see more unemployment and more people losing their homes. With $700 billion we could have made a real investment in the country, in jobs, in infrastructure and in homes. Instead, we got robbed.”

Yes, yes, but I heard that you saw a UFO, Dennis.

36. Madman in the Marketplace - 8 October 2008

34- and Hedges & Ritter are getting more and more angry as time goes on. They sound like us.

37. marisacat - 8 October 2008

I’ll drop in… when the TruthDig email comes I dump it without opening…

38. Madman in the Marketplace - 8 October 2008

I only pop in to read the two of them and if something w/ Vidal shows up there.

39. Madman in the Marketplace - 8 October 2008

though now that I think about it, Ritter hasn’t had anything new there for a while.

40. Madman in the Marketplace - 8 October 2008

I’m not sure if the Obama campaign is happy about this: O’s for Obama

41. Madman in the Marketplace - 8 October 2008
42. marisacat - 8 October 2008

Someone should hit FULD again. What a stupid parade of sick old men it has been. Rescued by their bud. Or their parachutes or their cash balances… or or or.

43. marisacat - 8 October 2008

They are shitting bricks. (To the side on the FP is an article headlined Cash May Feel Good But Has Dangers Too – or close – damn straight they are extruding something.)

WASHINGTON — Having tried without success to unlock frozen credit markets, the Treasury Department is considering taking ownership stakes in many United States banks to try to restore confidence in the financial system, according to government officials.

Treasury officials say the just-passed $700 billion bailout bill gives them the authority to inject cash directly into banks that request it. Such a move would quickly strengthen banks’ balance sheets and, officials hope, persuade them to resume lending. In return, the law gives the Treasury the right to take ownership positions in banks, including healthy ones.

44. Madman in the Marketplace - 8 October 2008

it’s amazing how fast the corps abandon their ideology when it serves them.

45. Madman in the Marketplace - 8 October 2008

Bonus Quote of the Day:

“It’s close to an impossible situation. The next guy, whoever he is, will be a one-term president — if he is lucky.” — Leon Panetta

46. Madman in the Marketplace - 8 October 2008
47. marisacat - 8 October 2008

44

But don’t form an administrative trust corp of some kind to buy and adjust mortgages. DON’T do that. that would bring plague and pestilence upon the land.

BTW, after the big Countrywide settlement here, class action suit, I think Jerry Brown brought it (running for governor, at least a benefit of term limits is that the candidates have to fight a form of musical chairs), several billions in relief to sub prime who were involved across about 2.5 years..

why! my goodness! suddenly IndyMac is CONTACTING people in foreclosure and negotiating lower interests. The one profiled tonight was about a 3% reduction.

48. marisacat - 8 October 2008

46

It seems Al Franken may make it… Coleman in some messy snafu over who gives him suits of clothing. He might be running from the cameras these days…………………

49. Madman in the Marketplace - 8 October 2008

47 – funny that!

Next thing you know Brown will threaten the hospital corps and suddenly they’ll stop dropping indigents off in the street!

50. liberalcatnip - 8 October 2008

31. Dennis asked some hard-hitting questions during the AIG hearing on Tuesday (which I’m still working my way through). Now, if I could remember what they were… What he’s trying to do is to peel away the layers of these companies and their connections to the federal gov’t (ie. Paulson and his former Goldman Sachs sidekick in Treasury and that company’s relationships to AIG and Lehman Bros. etc) to figure out how these bailout decisions were made. (I should be in bed already so that may not have made sense…anyway…)

43.

WASHINGTON — Having tried without success to unlock frozen credit markets, the Treasury Department is considering taking ownership stakes in many United States banks to try to restore confidence in the financial system, according to government officials.

The British gov’t just announced that that’s what they’re doing and to the tune of…wait for it…$700 bn US too (from what I saw on the news tonite). Something strange is going on here, afaic.

Here’s a link.

51. lucid - 9 October 2008

I just left my backpack, checkbook and $100 worth of promotional materials in the back of a cab after I got into a lovely conversation with a Pakistani man about how the US was cynically carrying out their colonial mandate – and he thanked me over and over again for being one of the few Americans he had met who could converse fluently about the world…

Funny thing is,I’m not even pissed. I’ll have to spend another $100 and a lot more time, and cancel a few checks, but I’m really glad that at least one Pakistani in New York knows that there is an American who actually understands and cares about what is going on in Pakistan.

52. lucid - 9 October 2008

Treasury officials say the just-passed $700 billion bailout bill gives them the authority to inject cash directly into banks that request it. Such a move would quickly strengthen banks’ balance sheets and, officials hope, persuade them to resume lending. In return, the law gives the Treasury the right to take ownership positions in banks, including healthy ones.

Obviously they haven’t been reading their Roubini… The deposits should be covered and the insolvent banks should be forced to fail. The S&L crisis cost the US twice as much as it should have because we didn’t crack down on failed banks and bailed out Neil Bush and his ilk. Protect the deposits, fuck the assholes.

53. marisacat - 9 October 2008

gosh lucid… cool cucumber… 😉

54. lucid - 9 October 2008

on another ominous note, the pension fund for my main employer has lost half a million dollars over the last 4 weeks. I told the owner to get out of the market immediately after the Bear Sterns collapse, alas, I’m just the person who runs all of the other finances. There will have to be some defined benefit pension restructuring throughout this crisis. As the current rules stand, this small business will be on the hook for $100,000 per year for 7 years in additional contributions to make up for the shortfall – this is a company of 20 people that grosses $3 mil a year and has been savaged by the metal markets. Let’s just hope that the same restructuring that applies to GM [who follows the same rules] will apply to us.

55. marisacat - 9 October 2008

the first thing that happens with the slightest instability is they get their mouthpieces out there telling you NOT TO MOVE YOUR MONEY.

You should always move your money, if you can. I realise not everyone can depending.

Just my opinion.

Hell they dragged Jane Bryant Quinn from her satin lined, tufted box abuot 10 days ago. I was sure she was dead. Oh no… there to tell us Not To Worry!

56. lucid - 9 October 2008

Well hey – I had warned the owner over several months that the pension fund should start drawing down investments in securities… Today, I spent the morning hours listening to her telling her boyfriend [the pension manager – who, of course, had never managed a dime in his life before they hooked up after her husband died, who did really well in the late ’90’s, but also had experienced serious shortfalls in the ’80’s] sell! sell! sell!. She called him back every 2 minutes, wathcing his trades online, watching as from 11:30 to 12:00 that the fund had lost yet another $15,000, telling him that ‘when you set the sell price higher than the bid price, you are not aggressively selling!’

The last week she has been prying me for my insight. What hidden wisdom do I have at the end of times. I suggested you strategically get out of the market 6 weeks ago. I have no idea what to do now. I’ve never bought a security in my life – I just deal with cash management, keeping your businesses afloat, within the law, and as updated as they can be on IT shit. I told you what I thought… you didn’t act… that could be said many times over for a host of things.

What do I tell her? I think the market will continue to go down. I don’t think it will hit bottom until it’s around 7K-8K from the articles I read. If you’re invested in quality stocks it will probably get better. If you want to go to cash it may be safer, but it may not.

I ain’t no fucking guru… but I was right 4 weeks ago and she didn’t heed the warning and still today she was arguing with her boyfriend… of course on in between calls, she was telling all of her personal banks to sell shit. She has 8 figures to her estate. She can weather it…

Meanwhile the $10 and hour employees that we might need to lay off in the next few months can’t.

57. lucid - 9 October 2008

… but they speak spanish, so it’s OK.

58. Intermittent Bystander - 9 October 2008

55 – PRI’s Marketplace has had two reporters out on a road trip through the Midwest interviewing ordinary people about how the financial crisis is affecting them. (Comfortingly, the series is called The Road to Ruin.) One woman made exactly the same point: Average, small-time investors are constantly being told not to panic, to stay calm, be patient, ride it out, blah blah blah. And yet every day the finance “experts” and the titans of Wall Street appear to be panicking their asses right off (I’m paraphrasing here), causing even more drastic losses to modest savings, retirement portfolios, etc. And of course every day Washington responds (in a panic) by throwing more public money their way.

Someone should call Oxford, Merriam-Webster, et al. Change the official spelling of bilious – the people demand a second L in the middle!

59. marisacat - 9 October 2008

58

yes I don’t know much about money, I tried to not be stupid by at least reading Abelson/Barron’s and BW for years… but it was not hard to see how they flood the media pronto to make small holders feel it is ”wrong” to sell.

I posted here when that idiot Cramer begrudgingly told people, well OK if your gut cannot take it, I suppose you could take 20% and move it.

HA! Suze Orman has made herslef into a parody over the years, but she at least was out there right away saying SELL! If you move it or cash out DO IT.

****

hmmm I don’t know much at all about ACORN, other than what they do, more or less (voter reg, housing for the poor activism and, likely bearing in now, Ob was an organiser with them)… but something (voter fraud issues and they were recipients of Fan/Fred money over the years) has been kicking aorund about them for weeks and months on rightie sites and so on… and it seems it might be ready to pop. As in move to the mainstream press.

60. marisacat - 9 October 2008

hmm this might be a “set up” piece for more to come. No mention of ACORN but starts to pick at Fan/Fred (not LOL they they have nto been picked at).

The other issue for the righites is that Ob, tho a short time in the senate, is the #2 recipient of Fan Fred money, right after Dodd who has been there for ages. Others at the top are Barney and Schumer.

Raspberries for all, imo.

Think R might be planning on suing ACORN over voter fraud as well. They are going to get skewered themselves over removing names from voter rolls and I imagine they want return fire, somehow or other.

61. Intermittent Bystander - 9 October 2008

59 – There was a raid on a Nevada ACORN office on Tuesday, so maybe that’s part of it? mcjoan at DK did a front-pager on it, FWIW – Link.
Sounds like strange doings, if info is correct.

David Iglesias (fired US atty) was on Fresh Air last night and was very interesting, especially on the topic of voter fraud investigations and the GOP pressure for election-season indictments (actual convictions didn’t seem to matter so much). Said that after reviewing the (scant) evidence, the closest his team could find to a prosecutable case of voter fraud was probably a single low-income ACORN worker who had signed up a 15-year-old kid, among others, and her motive was very simple – money. She could have cared less about partisan election outcome, said Iglesias; she was just being paid by the head for registrations. No evidence of massive fraud on view, but lots of Republican clamoring for smoking guns to wave before the populace, in hopes of keeping elderly, poor, Hispanic, and minority turnout down.

Same old, same old.

62. marisacat - 9 October 2008

thanks IB

yes i figured when the NV offices were raided that it would heat up.

I have stepped waaay back from the usual Democratic stances around election day. I used to care, no more. They do soft KITV, they enable the Republican games — and the R do more hard core versions.

When Jimmie exited from his long perambulations with Jim Baker over voting issues/other issues (about 2 or more years ago) and announced that they had an agreement on Voter ID – an ugly one in my opinion and a WRONG one, I was DONE.

May both parties rot.

63. Intermittent Bystander - 9 October 2008

FYI – NYT on state voter purges.

Gotta go – have a good day, bellwether-watchers (whatever the weather on view)!

64. Intermittent Bystander - 9 October 2008

OK, one last snippet (from the NYT link above):

States have been trying to follow the Help America Vote Act of 2002 and remove the names of voters who should no longer be listed; but for every voter added to the rolls in the past two months in some states, election officials have removed two, a review of the records shows.

The six swing states seem to be in violation of federal law in two ways. Michigan and Colorado are removing voters from the rolls within 90 days of a federal election, which is not allowed except when voters die, notify the authorities that they have moved out of state, or have been declared unfit to vote.

Indiana, Nevada, North Carolina and Ohio seem to be improperly using Social Security data to verify registration applications for new voters.

In addition to the six swing states, three more states appear to be violating federal law. Alabama and Georgia seem to be improperly using Social Security information to screen registration applications from new voters. And Louisiana appears to have removed thousands of voters after the federal deadline for taking such action.

65. Intermittent Bystander - 9 October 2008

NYT snippet gone to mod, I think.

Gah, running late – I’m out!

66. NYCO - 9 October 2008

Can someone explain to me why voters have to register at ALL? Why don’t they just tie voter registration to being issued a Social Security number? (ie, at birth?)

67. marisacat - 9 October 2008

Got you out of Moderation NYCO, sorry it took a while… 😉

Well I have no problem with that, nor with Motor Voter, that epople register when they get a drivers license.

IIRC the Republicans are agaisnt Motor Voter… so I can imagine the impediments to automatic registration at birth.

68. marisacat - 9 October 2008

Lovely… anti same sex marriage has a SECOND TV ad up. And the pro side keeps going iwth their PBS-Judeo-Xtian-kumbaya-ya-ya one. An elderly pair of parents asking that you not revoke their child’s right to marriage. It is fine, as far as it goes.

It’s nto enough.

Think there is a new poll out showing the spread widening again on SSM.

Alos Newsom is on camera on news programs saying the anti ad using his face and words is not working. It is, and, the DPCA should box Newsom up til sometime next year. If they let him out at all.

I’d do an ad, somehow, of the most presentable, most delectable couples getting married at SF City Hall, with their parents with them, their children with them BE OPEN… with the elderly Chinese woman who (I think) works in the Recorder’s Office there (as she was often in view).

They need to do something. Because it is going down… and may be going down in 3 states. The Corner is crowing:

Big Marriage Wins in the Making? [Maggie Gallagher]

Things are looking good for marriage amendments in California, Florida and Arizona.

California is the big surprise. After discouraging polls all summer, the latest CBS News/SurveyUSA Today poll shows Prop 8, the California marriage amendment, surging ahead 47 percent to 42 percent, with 10 percent undecided — that’s a ten point swing since the Yes on Prop 8 campaign ads started airing.

[..]

Meanwhile the Miami Herald is conceding that polls show the Florida marriage amendment commands a strong majority support.

Getting to 60 percent is a big hurdle, but the undecideds tend to break in favor of marriage amendments.

In Arizona the latest poll shows the marriage amendment is up 49 percent to 40 percent.

69. marisacat - 9 October 2008

Nouriel Roubini in Forbes. The Choice: Recession or Depression.

[S]ince the private sector is not spending, and since the first fiscal stimulus plan (tax rebates for households and tax incentives to firms) failed miserably as households and firms are saving rather than spending and investing, it is necessary now to boost public consumption of goods and services via a massive spending program (a $300 billion fiscal stimulus).

-The federal government should have a plan to immediately spend on infrastructure and new green technologies;

-also unemployment benefits should be sharply increased,

-together with targeted tax rebates only for lower income households at risk;

-and federal block grants should be given to state and local government to boost their infrastructure spending (roads, sewer systems, etc.).

gotta love when the fucker running wants to be called “like FDR” but won’t produce a real list of real help. And would die before he used New New Deal, for instance. He mentions things and has lists and has long promised a “rebate” — but he lacks strong language and emphatic presentation. All glory to God Ob. First and foremost.

If the private sector does not spend and/or cannot spend, old-fashioned traditional Keynesian spending by the government is necessary. It is true that we already have large and growing budget deficits; but $300 billion of public works is more effective and productive than spending $700 billion to buy toxic assets.

So we are now very close to the systemic financial meltdown that I outlined in a paper I wrote in February. But radical action can–and should–be taken to control the damage and prevent this meltdown from occurring.

At this point, the U.S., the advanced economies (and now most likely even some emerging market economies) will experience an ugly recession and an ugly financial and banking crisis–regardless of what we do from now on. We are already now in a global recession that is getting worse by the day. What radical policy action can only do is to prevent what will now be an ugly and nasty two-year recession and financial crisis from turning into a decade-long economic depression.

The financial and economic conditions are extreme; thus extreme policy action is needed now to save the global economy from that very ugly prospect.

My guess, if it gets worse one of the few payoffs is he might, but only might, be less likely to keep Paulson.

We are so blessed.

70. NYCO - 9 October 2008

Wall Street is fugly this afternoon. Looks like it could be another 600- to 700-point down day.

71. marisacat - 9 October 2008

closed under 9000 I just saw.

There was a segment on local KGO this am. It was a year ago today, that the Dow danced around 14.000, its highest point.

72. marisacat - 9 October 2008

8653

down almost 600

73. marisacat - 9 October 2008

oh yes GM lost 20% down to 1951 levels.

Uh, catch on guys. Post war wipe out.

74. marisacat - 9 October 2008

hmm see WSJ says GM down 31%, think they mean over a range of time.

whew I feel winded.

75. NYCO - 9 October 2008

In other news, America’s leading economists now admit we’re in a recession.

You know… now that we’re in a depression.

76. CSTAR - 9 October 2008

Well, one good thing might have been, that maybe we might have less money to fight new wars. But maybe it’s guns over butter.

77. bayprairie - 9 October 2008

Only 2 left in stock — order soon

“Dow, 30,000 by 2008” Why It’s Different This Time
by Robert Zuccaro

78. Madman in the Marketplace - 9 October 2008

Because they LOOOVVVVVVVVEEEEEEEE the troops!!

U.S. Officers’ “Phone Sex” Intercepted; Senate Demanding Answers

Despite pledges by President George W. Bush and American intelligence officials to the contrary, hundreds of US citizens overseas have been eavesdropped on as they called friends and family back home, according to two former military intercept operators who worked at the giant National Security Agency (NSA) center in Fort Gordon, Georgia.

he chairman of the Senate Intelligence Committee, Jay Rockefeller (D-WV), called the allegations “extremely disturbing” and said the committee has begun its own examination.

“We have requested all relevant information from the Bush Administration,” Rockefeller said Thursday. “The Committee will take whatever action is necessary.”

AKA they’ll do NOTHING.

79. CSTAR - 9 October 2008

77 But

8 used & new available from $21.10

Whoa,, and there’s Dow 36.000!!

Dow 36,000: The New Strategy for Profiting From the Coming Rise in the Stock Market (Paperback)

and Holy Cow!! Carajo! No me jodas!!

Dow 40,000: Strategies for Profiting From the Greatest Bull Market in History (Hardcover)
by David Elias (Author)

Fortunately
45 used & new available from $0.01

80. Madman in the Marketplace - 9 October 2008

59 – I don’t know much at all about ACORN

There is a lot of screaming here is WI and some other places about their workers filing fraudulent registrations:

The right is in high dudgeon again because of ACORN, the community organizers who, as part of their mission, identify non-voters and register them so that those traditionally voiceless in the electoral process might find a voice–the vote being guaranteed in the Constitution and whatnot.

Only it was ACORN itself that reported the problem MONTHS ago:

Got that? Nevada officials have known for months that some ACORN workers had been turning in forms for, to name one example, the Dallas Cowboys. Nevada officials knew this because ACORN told them about it. And yet the Secretary of State there (a Democrat, no less) waited until a month before the election to stage a high profile media stunt and to accuse ACORN of engaging in fraud when, in reality, it was ACORN who tried to stop the fraud in the first place.

More locally, we have Republicans freaking out that ACORN used former felons in its voter registration drives, despite a ruling by the Government Accountability Board in April that such people were ineligible to act as registrars. Did you hear about that ruling in April? Neither did I, and neither, apparently, did the City of Milwaukee, whose job it was to deputize the registrars. They were going by the text of the law which says (.pdf) that “[a] qualified elector of the state may apply to any municipal clerk or board of election commissioners to be appointed as a special registration deputy for the purpose of registering electors of the municipality prior to the close of registration” (6.26(2)a). Since former felons may vote in this state (they are “qualified electors”), the statute clearly permits former felons to be special registration deputies, something the GAB apparently changed without legislative approval and without making sure that every municipality–like Milwaukee–knew.

So once again, ACORN is trying to follow the law both here and in Nevada, and trying to cooperate and coordinate with state and local officials to make sure the law is being followed and that anyone breaking the law is punished for doing so. And yet the right sees ACORN as the bad guys. I don’t understand why; it seems like merely attempting to give minorities and the poor a greater say in the election is enough to earn a group like ACORN constant and undeserved scorn.

Note that the case in NV was brought BY A DEMOCRAT. Here in WI it’s being pushed by Republicans. In BOTH cases what they don’t want is poor and mainly minority voters. BOTH parties.

81. Madman in the Marketplace - 9 October 2008

I think I’ve got one in moderation and a piece about ACORN in spam.

82. marisacat - 9 October 2008

AIG canceled their retreat – or whatever it was going to be, payoff for sales – at the Ritz Carlton at Half Moon Bay. I am more upset to learn there is some sprawling R-C at Half Moon Bay. Ugh somehow i missed that……….

83. Madman in the Marketplace - 9 October 2008

If It Walks Like A Duck and Talks Like a Duck Dept: The McCain-Palin Mob

The things that has always alarmed me most about the right wing Republican/conservative/FOX News-watching types is how they wear their own IGNORANCE as a badge of honor! I can’t get my head around the notion of how unashamed they are of their own ignorance. It used to be that abject stupidity was something to be embarrassed about. Is it somehow now HIP these days to be a total dumbass? Did I miss the memo?

It’s even worse when Republican politicians stoop to cultivate the least intelligent amongst us. Why is it that the Republican party seems to consist solely of the top 5% of America’s wealth holders and the lower third of the IQ spectrum with NO ONE in between?

They repeat the ACORN stuff, btw.

84. marisacat - 9 October 2008

Sorry Madman… one out of Mod and one out of Spam… 😉

***

In BOTH cases what they don’t want is poor and mainly minority voters. BOTH parties.

Yeah I agree with that.

Well this has been bubbling along for months at the rightie sites. Was going to blow at some point.

Grassroots workers out here, that work to expand voting to minority and underserved communities, said long ago they never saw any of the HAVA/Help America Vote money. It went to groups that reinforce static voting, relying on and reinforcing groups that already vote.

However, ACORN does get Democratic money, and was, apparently, one of the standard D leaning groups that got money from Frannie and Freddie. (This is one of the places it seems R are headed)

I *am* leery of where Democrats choose to put money…. which doesn’t say anything about ACORN as I don’t know much beyond the standard about them.

85. Madman in the Marketplace - 9 October 2008

LOL … this is going to be SUCH a long month: Alaskan Independence Party sponsored By Iran

86. Madman in the Marketplace - 9 October 2008

84 – I’m leery of pretty much everything the donks do. They’d fuck up rolling a ball downhill, and I’m convinced they do it on purpose.

87. Madman in the Marketplace - 9 October 2008

wow, this is the worst flack I’ve seen in a LONG time.

Al Franken should be thanking the stars for this …

88. marisacat - 9 October 2008

86

yes. I am certainly for expanding the vote. Newsom talked about that a lot and demagogued (sp?) it, did it for years. Ran ads with people of color, people living in the projects, when he was running. Stopped there, all over once he was in, til re-election. Classic DLC or worse in office.

Some of the numbers of new registrants are stunning. This ws also one of the big “pushes” about Obama. He would register many tens of thousands of new voters.

No one would argue with the premise.

I am unsure I should suddenly believe him… my guess is a rerun of the Newsom play. If indeed the poor and underserved were massively, in several states, registered, they will be as unheard as the rest of us post inaugural speech.

I guess I could stand at the Democratic Holy Communion Rail and take my wafer and pray. Just not in the cards for me anymore.

89. Madman in the Marketplace - 9 October 2008

The Courage Campaign in CA is blaming the Mormons for the shrinking chances for GBLT civil rights in CA:

Right now we are down anywhere between $7-10 million dollars to the Mormons and others. They are out-raising us and it is hurting us in the polls.

Here is the deal: we need donations, volunteers and help spreading the word to vote No on Prop 8.

If you have money you can contribute, please give to the campaign. If you can volunteer, contact the campaign or show up at an office and they will put you to work talking to voters.

The one thing just about everyone can do is talk to their friends and family members that live in California about voting No on Prop 8. To that end, the Courage Campaign has created the above video called “Gender Auditors”. It’s a “keep the government out of your pants” message, a libertarian argument, if you will, for voting “No on Prop 8”.

Pass around the link. Use it as an icebreaker to make sure your friends and family know to vote No on Prop. 8.

We can win this race, but we need everyone’s help.

90. marisacat - 9 October 2008

Ob on the events of today. I am guess if the market fell 2000 pts in one day he would still say Now Is Not The Time For Fear Or Panic…

As millions of Americans lost more of their investments and hard-earned retirement savings today, it is critical that the Treasury Department move as quickly possible to implement the rescue plan that passed Congress so that we can ease this credit crisis that’s preventing businesses and consumers from getting loans and causing dangerous instability in our market. While we face a very serious challenge, now is not the time for fear or panic, but for all of us to come together with resolve and determination that we can steer ourselves out of this crisis and restore confidence in the American economy.

91. marisacat - 9 October 2008

89

It’s beginning to mentioned in nws reports as well. That organisers are coming from NV.

That is what they said, not UT.

92. NYCO - 9 October 2008

The Nikkei is in total free fall. -900 at present, was flirting with -1000 a few moments ago.

93. Madman in the Marketplace - 9 October 2008

92 – wonder if tomorrow will be the new Black Friday.

94. marisacat - 9 October 2008

I would nto want to be holding anything over the weekend.

Local ABC here had a good segment on how far the powers accorded to Paulson go under The Plan. (or, The Wreck)… will see if they have a good report at their site of the segment.

95. Madman in the Marketplace - 9 October 2008

McCain’s mailer creates controversy

The state elections agency is investigating complaints about a massive campaign mailing Republican Sen. John McCain’s presidential campaign has directed toward Wisconsin Democrats and other voters.

Each mailing includes at least one copy of the state application for an absentee ballot that has the address of a local clerk and a box for postage printed on the other side.

But in some cases, the incorrect clerk’s address is printed on the application, leading some Democrats to wonder if the Arizona senator’s campaign is deliberately trying to get them to apply for absentee ballots in places where they aren’t eligible to vote.

“They’re trying to knock me off the rolls,” said Democrat Beverly Jambois, of Middleton. “I can’t tell you how upsetting it is to me. This is how you win elections? By disenfranchising other voters?”

Her household received the flier this week addressed to her husband, Robert, a lawyer for the state Department of Transportation. The couple are registered to vote in Middleton, but the absentee ballot application was addressed to the city clerk’s office in Madison.

A McCain campaign spokeswoman said in a statement the mailing mistakes are “certainly not intentional” but she wouldn’t answer questions. The statement also said the mailing went to “potential supporters across the spectrum.”

Mark Jefferson, executive director of the state GOP, said the mailing is not intended to keep people from the polls and that the wrong absentee ballot applications resulted from incorrect information in databases used for the mailing.

“You do the best with the lists you have, and no list is perfect,” Jefferson said. “There is certainly no type of suppression effort going on.”

Jefferson said the mailing was directed to hundreds of thousands of voters.

96. Madman in the Marketplace - 9 October 2008

ACLU: New Documents Reveal Unlawful Guantánamo Procedures Were Also Applied On American Soil

NEW YORK – According to newly released military documents, the Navy applied lawless Guantánamo protocols in detention facilities on American soil. The documents, which include regular emails between brig officers and others in the chain of command, uncover new details of the detention and interrogation of two U.S. citizens and a legal resident – Yaser Hamdi, Jose Padilla and Ali al-Marri – at naval brigs in Virginia and South Carolina.

The documents were obtained under the Freedom of Information Act by the Allard K. Lowenstein International Human Rights Clinic at Yale Law School and the American Civil Liberties Union.

“Guantánamo was designed as a law-free zone, a place where the government could do whatever it wanted without having to worry about whether it was legal,” said Jonathan Freiman, an attorney with the Lowenstein Clinic at Yale. “It didn’t take long for that sort of lawlessness to be brought home to our own country. Who knows how much further America would have gone if the Supreme Court hadn’t stepped in to stop incommunicado detentions in 2004?”

According to the documents, Navy officers doubted the wisdom of applying Guantánamo rules on American soil. In particular, officers expressed grave concern over the effects of the solitary confinement imposed upon the three men detained at the brigs, a practice that was considered to be even more extreme than the isolation imposed at Guantánamo. Navy officers also exhibited frustration with the Defense Department’s unwillingness to provide the detainees with access to legal counsel or any information about their fates.

“The application of Guantánamo protocols on U.S. soil is incredibly significant and indicates how far the administration has gone in terms of suspending the law,” said Jonathan Hafetz, a staff attorney with the ACLU National Security Project. “The Bush administration has long argued that detainees held in Guantánamo are not entitled to any constitutional protections – an argument the Supreme Court has recently rejected. But this is not even Guantánamo – we are talking about creating prisons beyond the law right here in America.”

The documents clearly show that the standard operating procedure developed for Guantánamo Bay governed every aspect of detentions at the two bases inside the United States. Though Navy personnel tried several times to improve the harsh conditions under which Hamdi, Padilla and al-Marri were detained, senior Defense Department officials repeatedly denied the requests.

Padilla and al-Marri have reported being subjected to many of the brutal interrogation techniques used at Guantánamo Bay that included sleep deprivation, painful stress positions, prolonged isolation, extreme sensory deprivation, and threats of violence and death. That regime, it now appears, was the product of an effort to extend “Guantánamo rules” to prisons inside the United States.

97. marisacat - 9 October 2008

CA State unemployment insurance will go bust in early 2009. Report on local ABC news.

98. Madman in the Marketplace - 9 October 2008
99. Madman in the Marketplace - 9 October 2008

Little hopeful signs here and there: LGBT High School Planned For 2010

The school’s focus is to provide LGBT students a safe haven from being bullied, which advocates say leads to a high dropout and depression rate. Bill Greaves, Chicago’s LGBT liaison, says part of Pride Campus’s curriculum will focus on “gay and lesbian historical” figures, like James Baldwin and Gertrude Stein, in hopes of giving students heroes to look up to (we’re down for the John Waters A/Vclass). The school will serve 600 students, but Chicago Public Schools CEO Arnce Duncan says the student body will be “majority straight.”

Pride Campus will be similar to other LGBT schools like Harvey Milk High School in New York City and Alliance High School in Milwaukee. While Chicago officials appear to have nothing but good intentions for Pride Campus—especially considering today’s political climate toward homosexuality—skeptics of the school say it amounts to segregation and relieves CPS of ensuring schools are safe for all students. “I just don’t like the idea of segregation. The values that this school should incorporate, every school should incorporate,” Rick Garcia, political director of Equality Illinois, told Sun-Time columnist Mark Brown. “Every kid should be safe in every school. If we’re going to set up a separate school, why don’t we put the bullies in those schools?’

100. bayprairie - 9 October 2008

“You fuck over voters with the lists you have,” Rumsfeld replied, “not the lists you might want or wish to have.”

101. marisacat - 9 October 2008

gnu thred………………….

LINK

…………………… 8) ……………………..


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