Archive for August, 2011

Because [corporations] have become so international and global in nature, it’s highly questionable whether governments can actually control corporations to a sufficient degree to prevent them from controlling governments,”


Corporate Power Decried By Former Lawmaker.


In a Washington Post On Faith column a few days ago, Lisa Miller, a senior Newsweek religion writer, makes a rather puzzling argument, saying that concerns of secular progressives about the influence of conservative religion in presidential politics are overblown. “Here we go again,” she complains. “The Republican primaries are six months away, and already news stories are raising fears on the left about ‘crazy Christians.


Concerns About the Religious Right Are Not Overblown | Psychology Today.

Hamsher calls S&P a “kingmaker” and this isn’t an exaggeration given the effect their actions are having. Either way, they will shoot the economy in the head. Either the negotiators come up with package that suits their demands, which will lead to steep enough cuts that the economy will weaken in 2012, making an Obama loss highly probable.


EconoMonitor : EconoMonitor » Has S&P Become Our Rupert Murdoch?.

Whatever S&P’s agenda, it has nothing to do with avoiding default risks or putting the US on sound fiscal footing. It appears to be intertwined with their attempts to absolve themselves from responsibility for their role in the 2008 financial crisis, and they are willing to manipulate not only the 2012 election but the world economy to escape the SEC’s attempts to regulate them.

It’s time the media and Congress started asking Standard and Poors what their political agenda is and whom it serves.



Is Standard and Poor’s Manipulating US Debt Rating to Escape Liability for the Mortgage Crisis? | Firedoglake. Video Player.

The far Left and the far Right both have some things in common.  They both have an innate belief that they, and only they, know the “truth” and want to “save the country.”  The other thing they have in common is a complete inability to understand the Constitution,  although they’re more than willing to use it as a convenient justification.   Virtually everything they say circles around  it.  Read them, and you hear the same things.  The President  should have “forced” Congress to do something, the President should “demand” they do this, the President should have “done” that by Executive Order.    He needs to be strong and forceful.   Reading all those comments, either in favor if their party is in the Presidency or worrying about it if their party isn’t, just tells me one thing:  They don’t want the system of government we have.



Oh, you want a dictatorship! | Norbrook’s Blog.

The debt ceiling crisis is the latest case in which the radical right in the South has held America hostage until its demands are met. Presidents Andrew Jackson and Abraham Lincoln refused to appease the Southern fanatics. Unfortunately, President Obama and the Democrats in Congress chose not to follow their example and instead gave in. In doing so, they have encouraged the neo-Confederate minority in Congress to find yet another opportunity in the near future to extort concessions from America’s majority by sabotaging America’s government. 


The Tea Party, the debt ceiling, and white Southern extremism – War Room –

The Tea Party version of the American Revolution is not just fundamentalist: it is also Disneyfied, sentimentalized, and whitewashed. It rests on a naïve, solipsistic and exceptionalist faith that for America it will all work out in the end, because America is “the greatest nation in the world”. They take solace in tautology: America is great – this they know – because Fox News tells them so.



The Willful Ignorance That Has Dragged the US to the Brink | Common Dreams.

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