Monday, September 29, 2008

House Rejects Bailout Package, 228-205; Stocks Plunge

"Members of both parties, doing a quick political post-mortem, said those who voted no had encountered too much hostility for the bill among their constituents, and were worried that a vote in favor would be political suicide."

http://www.nytimes.com/2008/09/30/business/30bailout.html?bl&ex=1222833600&en=78e47e85adbe5725&ei=5087%0A

You better believe it's political suicide. I will most definitely be voting against my Representative next time around.

Check how your Representative voted: http://clerk.house.gov/evs/2008/roll674.xml

FAIL: 700 Billion Bailout

This is getting very very interesting.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aw4zWIp05Sq8&refer=home

Sunday, September 28, 2008

Reason.tv: Welcome to Nanny State Nation!

Friday, September 26, 2008

JUMP!




edit:
Here's Lindsay Beyerstein's photo stream of one of the Bailout protests in NYC.

Thursday, September 25, 2008

Great Depression II: WaMu seized by Feds

The Feds seize WaMU!

http://www.nytimes.com/2008/09/26/business/26wamu.html?_r=1&hp&oref=slogin

http://www.fdic.gov/bank/individual/failed/wamu.html

Friday, September 19, 2008

St. Paul Arrests:

Welcome to the USSA. Here's more on the arrests in St. Paul. Apparently people were being arrested who weren't even protesting!

http://www.alternet.org/blogs/peek/99433/incredible_documentary_footage_of_mass_arrest_in_st._paul/?id=123

Plutocratic Kleptocracy

With all the goings on in the financial markets and the Feds attempt to control the market, I've decided to run with James Ostrowski's name for our current regime: Plutocratic Kleptocracy.

"where the rich use the state to steal from the rest of us"

Anyway here are some articles describing all the great things the tax payers get to pay for.

Government program could take hundreds of billions of dollars worth of bad debt off Wall Street's books (and pass it on to the taxpayer).

S.E.C. Temporarily Blocks Short Sales of Financial Stocks (it's not really a free market)


http://www.marketwatch.com/news/story/banning-short-sales-market-manipulation/story.aspx?guid={25892212-57FF-4F74-B20A-C404BBD13A9D}

Thursday, September 18, 2008

Glenn Greenwald: Privacy for the elite but not for you

Glenn Greenwald points out the hypocrisy of the right wing and our political leaders when their privacy is compromised. Apparently it's okay for the government to spy on the citizenry, but as soon as the privacy of our leaders and the right wing is compromised they start screaming about privacy rights.

http://www.salon.com/opinion/greenwald/2008/09/18/privacy/index.html


Although Glenn doesn't agree with what the Anonymous hackers did, I do and believe one good turn deserve another. These creeps in our government should be exposed for the hypocrite criminals they are.

The Great Depression of '08

I might be over the top on this headline, ehh... what the hell.... EVERYBODY PANIC!!!!
Okay... Now that's off my chest, here are a few articles on what's going on in the market right now:

http://edition.cnn.com/2008/BUSINESS/09/18/world.markets/index.html

http://online.wsj.com/article/SB122169431617549947.html

Lew Rockwell interview on this situation:
http://www.howestreet.com/index.php?pl=/goldradio/index.php/mediaplayer/961

Tuesday, September 16, 2008

Bailout: AIG

Looks like the Fed has now bailed out AIG with our tax dollars.

"the bailout is likely to prove controversial, because it effectively puts taxpayer money at risk while protecting bad investments made by A.I.G. and other institutions it does business with."

http://www.nytimes.com/2008/09/17/business/17insure.html?hp


Just remember, taxation is just another form of slavery.

McCain's Health Tax

There's an interesting Op-ed in the New York Times regarding McCain's proposal for the nation's health care system. Normally this is not something I get into but tend to believe that employer sponsored health care should be a contractual issue between the employee and employer; it's why employers advertise their health plans as a benefit to potential employees. Employer sponsored health care is a way to attract potential employees that might be of benefit to the employer. What is disturbing about McCain's health care plan, according the to the author, is that "McCain health plan would treat employer-paid health benefits as income that employees would have to pay taxes on". Sweet way to get around that whole not raising taxes thing, huh? But wait! Under McCain's proposed health care plan, you would get a tax credit at the end of the year "to help pay for your health care". So if I understand this, the government is basically imposing a health care tax on employer sponsored health care, but will give us a credit to help cover our health care expenses. So the government would be taking with one hand and generously giving back with the other.

http://www.nytimes.com/2008/09/16/opinion/16herbert.html?ex=1379304000&en=002e12e7e04e2233&ei=5124&partner=permalink&exprod=permalink

Monday, September 15, 2008

Your tax dollars at work.

"About 60 countries get annual military aid from the United States, $4.5 billion a year, to help them buy these American weapons. Israel and Egypt receive more than 80 percent of that aid. The United States has also recently given Iraq and Afghanistan large amounts of weapons and other equipment and has begun to train fledgling military units at no charge" all thanks to the Bush Administration and your tax dollars. Enjoy working and knowing that you are safe, slave.


http://www.iht.com/bin/printfriendly.php?id=16141846

Emperor Bush and Pakistan

Looks Emperor Bush is screwing around in Pakistan now. Reports from Sept. 11th-12th state that Bush secretly authorized an order to send special forces troops into Pakistan.

http://www.guardian.co.uk/world/2008/sep/12/usforeignpolicy.usa

The Washington Post is actually calling it The War in Pakistan

Unsurprisingly, the Pakistan government is none to happy about this.

edit: More on the The War in Pakistan: http://news.bbc.co.uk/2/hi/south_asia/7396366.stm

Sunday, September 14, 2008

I've posted on this before, but here it is again. Now the Washington Post is reporting on it.

"The Justice Department will unveil changes to FBI ground rules today that would put much more power into the hands of line agents pursuing leads on national security, foreign intelligence and even ordinary criminal cases. "

http://www.washingtonpost.com/wp-dyn/content/article/2008/09/11/AR2008091103306.html

U.N. agency eyes curbs on Internet anonymity

Article from CNN about how a U.N. agency "is quietly drafting technical standards, proposed by the Chinese government, to define methods of tracing the original source of Internet communications and potentially curbing the ability of users to remain anonymous. "

Not only is China involved but guess who else has taken the lead in setting technical standards?

"When NSA takes the lead on standard-setting, you have to ask yourself how much is about security and how much is about surveillance," said the Electronic Privacy Information Center's Rotenberg. "You would think (the ITU) would be a little more sensitive to spying on Internet users with the cooperation of the NSA and the Chinese government."


http://news.cnet.com/8301-13578_3-10040152-38.html?tag=nl.e703

Saturday, September 13, 2008

Garrison Keillor takes on the corrupt big government Republicans

Garrison Keillor takes on the lying big government Republicans and the farce that is John McCain's campaign to reform Washington. Great read!

http://www.albertleatribune.com/news/2008/sep/13/will-pork-barrel-mayor-become-president/

Friday, September 12, 2008

Bailout Blues


Thursday, September 11, 2008

Dick Cheney wishing you a merry 9-11 day.

Cheney Waits Until Last Minute Again To Buy Sept. 11 Gifts

Wednesday, September 10, 2008

Poison Dart

Just a little something to get you pumped up. Has nothing to do with Politics.


Monday, September 8, 2008

Big Brother goes to France

Looks like France is trying to get into the domestic spying game now.

http://www.timesonline.co.uk/tol/news/world/europe/article4703054.ece

Saturday, September 6, 2008

You know who else had "prisons" in Poland?

We all know that Poland had some pretty infamous "secret jails". Did you know that the CIA also has some as well? Apparently a few Polish agents have come forward to tell of secret CIA prisons in Poland and Romania.

http://news.bbc.co.uk/2/hi/europe/7601899.stm

Freddie Mac and Fannie Mae: Privatized Profits, Socialized Losses

First Bear Sterns and now this. Once again we see the federal government stepping in where it's not needed. Looks like the feds are going to take control of Freddie Mac and Fannie Mae (again see last paragraph of article). Chalk up another one for big government intervention.

http://www.reuters.com/article/newsOne/idUSN0527801420080906?pageNumber=4&virtualBrandChannel=0&sp=true


edit: Ahhh... Looks like Lew Rockwell has already commented on this:
http://www.lewrockwell.com/blog/lewrw/archives/022712.html

edit #2: I'm really starting to like Happily Oblivious! Check out their comments on Freddie and Fannie
http://www.happilyoblivious.com/blog/government-poised-to-take-control-of-fannie-freddy_654/

Wednesday, September 3, 2008

UK: Super Nanny State

I've written about this before but here's more information from the gang at redditorial. Looks like the UK might be getting more domestic surveillance. What is incredibly spooky about this is that it's an EU Directive that is being pushed as UK Law. If this passes in the UK, it's only a matter of time until the US gets a full blown version of this (we are practically there anyway). Maybe I'm being a bit conspiratorial, but this just reaks of one world global fascism and the more news reports I read on this kind of stuff it seems to be sweeping the globe. Okay, maybe that was a bit over the top, but just keep an eye out and see which other countries institute programs to spy and track citizens.

http://www.redditorial.com/2008/09/communications-data-and-how-to-stop-it/

Fascism: It's happening, It's here now.

Great article from redditorial.

http://www.redditorial.com/2008/09/its-happening-under-your-noses/

Monday, September 1, 2008

UK: 1984 was not supposed to be an instruction manual

It seems as if I've been beating the Police State/Big Brother drum a lot lately, but when presented with so much overwhelming evidence it's hard not to.

Apparently in Hampshire, city councils are recruiting "environmental volunteers" to spy on anyone who doesn't properly recycle, pickup after their dogs or drops litter. Admittedly, it's pretty irritating when someone doesn't pickup after their dog or litters, but it's a whole separate issue when your neighborhood is filled with busybodies reporting your every move to the police. Who needs CCTV when your neighbor is reporting every little infraction.

For more on the UK big brother state, take a look at this article:
http://www.telegraph.co.uk/news/2648384/Environmental-volunteers-will-be-encouraged-to-spy-on-their-neighbours.html

On a slightly separate note, I've been seeing the London Metro Police anti-terrorism posters popping up a lot on the web, and all I have to say is that the UK has turned into a truly terrifying place. How free are the British people when everybody is spying on everybody else?
http://www.met.police.uk/campaigns/campaign_ct_2008.htm