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thinkahol *

OWS's Beef: Wall Street Isn't Winning It's Cheating | Matt Taibbi | Rolling Stone - 0 views

  • When Joe Homeowner bought too much house, essentially betting that home prices would go up, and losing his bet when they dropped, he was an irresponsible putz who shouldn’t whine about being put on the street. But when banks bet billions on a firm like AIG that was heavily invested in mortgages, they were making the same bet that Joe Homeowner made, leaving themselves hugely exposed to a sudden drop in home prices. But instead of being asked to "suck it in and cope" when that bet failed, the banks instead went straight to Washington for a bailout -- and got it.
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    When Joe Homeowner bought too much house, essentially betting that home prices would go up, and losing his bet when they dropped, he was an irresponsible putz who shouldn't whine about being put on the street. But when banks bet billions on a firm like AIG that was heavily invested in mortgages, they were making the same bet that Joe Homeowner made, leaving themselves hugely exposed to a sudden drop in home prices. But instead of being asked to "suck it in and cope" when that bet failed, the banks instead went straight to Washington for a bailout -- and got it.
thinkahol *

Things That Make Me Angry | Thinkahol's Blog - 0 views

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    Wall Street Isn't Winning - It's Cheating The two-tiered justice system: an illustration 9/10/2001: Rumsfeld says $2.3 TRILLION Missing from Pentagon  The due-process-free assassination of U.S. citizens is now reality The Quiet Coup "the finance industry has effectively captured our government" What OWS is about + data behind the movement Data privacy is now extinct in the U.S. "The problem that confronts us is that every living system in the biosphere is in decline and the rate of decline is accelerating. There isn't one peer-reviewed scientific article that's been published in the last 20 years that contradicts that statement. Living systems are coral reefs. They're our climatic stability, forest cover, the oceans themselves, aquifers, water, the conditions of the soil, biodiversity. They go on and on as they get more specific. But the fact is, there isn't one living system that is stable or is improving. And those living systems provide the basis for all life." The 1% are the very best destroyers of wealth the world has ever seen The prison industry in the United States: big business or a new form of slavery? How the GOP Became the Party of the Rich: The inside story of how the Republicans abandoned the poor and the middle class to pursue their relentless agenda of tax cuts for the wealthiest one percent
thinkahol *

How corporate socialism destroys | David Cay Johnston - 0 views

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    David Cay Johnston is a Pulitzer Prize-winning journalist and author. A 13-year veteran of The New York Times, David won the Pulitzer in 2001 for enterprise reporting that uncovered loopholes and inequities in the U.S. tax code. He has written several best-selling books, including Free Lunch: How the Wealthiest Americans Enrich Themselves at Government Expense (and Stick You With the Bill). His latest, The Fine Print: How Big Companies Abuse "Plain English" and Other Tricks to Rob You Blind, will be published in September.
thinkahol *

Obama wins the right to invoke "State Secrets" to protect Bush crimes - Glenn Greenwald... - 0 views

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    The Obama/Bush weapon for shielding presidential lawbreaking from judicial review becomes stronger
thinkahol *

Opposition to the rule of law - Glenn Greenwald - Salon.com - 0 views

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    Those claiming that terrorists don't belong in court -- because some might win -- reject basic American justice
thinkahol *

How Can the Richest 1 Percent Be Winning This Brutal Class War Against 99% of Us? | Eco... - 0 views

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    How has a tiny fraction of the population arranged for their narrowest economic interests to dominate those of the vast majority?
thinkahol *

Why Isn't Wall Street in Jail? - 0 views

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    Which is not to say that the Obama era has meant an end to law enforcement. On the contrary: In the past few years, the administration has allocated massive amounts of federal resources to catching wrongdoers - of a certain type. Last year, the government deported 393,000 people, at a cost of $5 billion. Since 2007, felony immigration prosecutions along the Mexican border have surged 77 percent; nonfelony prosecutions by 259 percent. In Ohio last month, a single mother was caught lying about where she lived to put her kids into a better school district; the judge in the case tried to sentence her to 10 days in jail for fraud, declaring that letting her go free would "demean the seriousness" of the offenses. So there you have it. Illegal immigrants: 393,000. Lying moms: one. Bankers: zero. The math makes sense only because the politics are so obvious. You want to win elections, you bang on the jailable class. You build prisons and fill them with people for selling dime bags and stealing CD players. But for stealing a billion dollars? For fraud that puts a million people into foreclosure? Pass. It's not a crime. Prison is too harsh. Get them to say they're sorry, and move on. Oh, wait - let's not even make them say they're sorry. That's too mean; let's just give them a piece of paper with a government stamp on it, officially clearing them of the need to apologize, and make them pay a fine instead. But don't make them pay it out of their own pockets, and don't ask them to give back the money they stole. In fact, let them profit from their collective crimes, to the tune of a record $135 billion in pay and benefits last year. What's next? Taxpayer-funded massages for every Wall Street executive guilty of fraud?
thinkahol *

When Change Is Not Enough: The Seven Steps To Revolution | OurFuture.org - 0 views

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    "Those who make peaceful evolution impossible make violent revolution inevitable."- John F. KennedyThere's one thing for sure: 2008 isn't anything like politics as usual.The corporate media (with their unerring eye for the obvious point) is fixated on the narrative that, for the first time ever, Americans will likely end this year with either a woman or a black man headed for the White House. Bloggers are telling stories from the front lines of primaries and caucuses that look like something from the early 60s - people lining up before dawn to vote in Manoa, Hawaii yesterday; a thousand black college students in Prairie View, Texas marching 10 miles to cast their early votes in the face of a county that tried to disenfranchise them. In recent months, we've also been gobstopped by the sheer passion of the insurgent campaigns of both Barack Obama and Ron Paul, both of whom brought millions of new voters into the conversation - and with them, a sharp critique of the status quo and a new energy that's agitating toward deep structural change.There's something implacable, earnest, and righteously angry in the air. And it raises all kinds of questions for burned-out Boomers and jaded Gen Xers who've been ground down to the stump by the mostly losing battles of the past 30 years. Can it be - at long last - that Americans have, simply, had enough? Are we, finally, stepping out to take back our government - and with it, control of our own future? Is this simply a shifting political season - the kind we get every 20 to 30 years - or is there something deeper going on here? Do we dare to raise our hopes that this time, we're going to finally win a few? Just how ready is this country for big, serious, forward-looking change?Recently, I came across a pocket of sociological research that suggested a tantalizing answer to these questions - and also that America may be far more ready for far more change than anyone really believes is possible at this moment. In fac
thinkahol *

Hedges: No way in US system to vote against banks - YouTube - 0 views

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    Between Occupy Wall Street, in New York, and the other cities it's spread to, as well as the October 2011 movement that just began here in D.C, something seems to be happening in this country. Earlier at Freedom Plaza Chris Hedges, Pulitzer Prize-winning reporter and author, tells us what this could lead to.
thinkahol *

KBR: Kickbacks, Bribes, Ripoffs & War Racketeering - 0 views

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    Why KBR continues to be awarded huge open-ended, cost-plus, no-compete contracts from the Pentagon is a question worthy of a criminal investigation, because their track record as a military contractor suggests that "KBR" is actually short for "Kickbacks, Bribes & Ripoffs".  According to the POGO Federal Contractor Misconduct Database, since 1995 the company has been involved in not less than 23 documented cases of misconduct including but not limited to Overcharging the Government, Violation of Anti-Kickback Act, Excessive Subcontract Costs, Fraud and Accepting Kickbacks, Exposing Troops to Hazardous Water Conditions, Bribery to Win International Government Contracts, Overpricing Fuel, Breach of Contract, Hurricane Relief Contract Overcharges, Sexual Assault, Freight Forwarding Kickbacks, Procurement Irregularities, and Conspiracy to Defraud the Government.  For this KBR has paid millions in fines, which it surely considers a small price to pay for the billions it continues to receive in new federal contracts every year:
thinkahol *

David Graeber: On Playing By The Rules - The Strange Success Of #OccupyWallSt... - 0 views

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    Just a few months ago, I wrote a piece for Adbusters that started with a conversation I'd had with an Egyptian activist friend named Dina: All these years," she said, "we've been organizing marches, rallies… And if only 45 people show up, you're depressed, if you get 300, you're happy. Then one day, 200,000 people show up. And you're incredulous: on some level, even though you didn't realize it, you'd given up thinking that you could actually win. As the Occupy Wall Street movement spreads across America, and even the world, I am suddenly beginning to understand a little of how she felt.
MJ Blast

Jammu and Kashmir Assembly Elections 2014 - MJ Blast - 0 views

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    The making of J&K Chief Minister is the talk of the town and the Jammu and Kashmir Assembly Elections 2014 results are out and is officially a Jammu and Kashmir Assembly Elections 2014hung verdict and it has become very interesting now who would form a government. The only way left is now formation and this would show now what we call is "Ugly Politics". A close fight was showed between Bharatiya Janata Party (BJP) and People's Democratic Party (PDP). Congress again has been showed that the time has come for them to take an exit and work from scratch to win the hearts of people. Now PDP as a party having more seats can tie up either with the Congress or BJP in forming the government
Emery Ledger

Compensation For The Damages - 0 views

  • Proving other person's liability is the key to win a personal injury case. If you are person who believe that you were wrongfully injured due to another's wrongful act, prior understanding about personal injury law is vital if have a goal to recover the damages incurred to your person.
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    If  person involved himself in an accident he must ready himself for serious troubles. More than money charges an offender might also experience other penalties that might ruin his life.
Emery Ledger

Accident Case: How To Win? - 0 views

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    Accident case is hard to deal you need an injury lawyer to support you. What are accident offenses and how can you fight against it? Here are some tips to consider.
thinkahol *

Obama wins the right to detain people with no habeas review - Glenn Greenwald - Salon.com - 0 views

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    Few issues highlight Barack Obama's extreme hypocrisy the way that Bagram does. As everyone knows, one of George Bush's most extreme policies was abducting people from all over the world -- far away from any battlefield -- and then detaining them at Guantanamo with no legal rights of any kind, not even the most minimal right to a habeas review in a federal court. Back in the day, this was called a "Bush's legal black hole." In 2006, Congress codified that policy by enacting the Military Commissions Act, but in 2008, the Supreme Court, in Boumediene v. Bush, ruled that provision unconstitutional, holding that the Constitution grants habeas corpus rights even to foreign nationals held at Guantanamo. Since then, detainees have won 35 out of 48 habeas hearings brought pursuant to Boumediene, on the ground that there was insufficient evidence to justify their detention. Immediately following Boumediene, the Bush administration argued that the decision was inapplicable to detainees at Bagram -- including even those detained outside of Afghanistan but then flown to Afghanistan to be imprisoned. Amazingly, the Bush DOJ -- in a lawsuit brought by Bagram detainees seeking habeas review of their detention -- contended that if they abduct someone and ship them to Guantanamo, then that person (under Boumediene) has the right to a habeas hearing, but if they instead ship them to Bagram, then the detainee has no rights of any kind. In other words, the detainee's Constitutional rights depends on where the Government decides to drop them off to be encaged. One of the first acts undertaken by the Obama DOJ that actually shocked civil libertarians was when, last February, as The New York Times put it, Obama lawyers "told a federal judge that military detainees in Afghanistan have no legal right to challenge their imprisonment there, embracing a key argument of former President Bush's legal team." . . .
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