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Washington is in the grip of a fever. It's hard to find a word other than lunacy to describe what's going on. We are veering toward potential economic catastrophe. And Congress is hung up on a debate that shouldn't be occurring. It is debating an imaginary problem that conjures scary future scenarios but ignores dire existing circumstances. The consensus proffered solution to the imaginary problem would damage our country and further weaken our economy. Democrats and Republicans are at loggerheads, but they are disagreeing primarily about how much harm they want to impose. That's a very consequential disagreement, but it ignores the fact that we don't need to impose any harm at all.

What CAFRs reveal is a communist-style policy whereby the US taxpayers surrender enormous assets to the state, who then "invest" these collective trillions that swell in these accounts. Concurrently, taxpayers are informed of budget deficits to either squeeze more taxes from them and/or cut public services. To add insult to injury, the state lies in omission by never reminding Americans of their hard-earned and withheld trillions as they eliminate jobs, reduce education, and attack the quality of our lives.

The Money Party is a small group of enterprises and individuals who have most of the money in this country. They use that money to make more money. Controlling who gets elected to public office is the key to more money for them and less for us. As 2008 approaches, The Money Party is working hard to maintain its perfect record. It is not about Republicans versus Democrats. Right now, the Republicans do a better job taking money than the Democrats. But The Money Party is an equal opportunity employer. They have no permanent friends or enemies, just permanent interests. Democrats are as welcome as Republicans to this party. It's all good when you're on the take and the take is legal. This is not a conspiracy theory. There are no secret societies or sinister operators. This party is up front and in your face. Just follow the money. One percent of Americans hold 33% of the nation's wealth. The top 10% hold 72% of the total wealth. The bottom 40% of Americans control only 0.3% (three tenths of one percent). And that was before "pay day loans."

Many of those preaching at American church services Sunday extolled as "heroes" the 30 American and 8 Afghan troops killed Saturday west of Kabul, when a helicopter on a night mission crashed, apparently after taking fire from Taliban forces.  This week, the Fawning Corporate Media (FCM) can be expected to beat a steady drumbeat of "they shall not have died in vain." But they did.  I know it is a hard truth, but they did die in vain.

The killing of Osama Bin Laden did not put cuts in national security spending on the table, but the debt-ceiling debate finally did. And mild as those projected cuts might have been, last week newly minted Secretary of Defense Leon Panetta was already digging in his heels and decrying the modest potential cost-cutting plans as a "doomsday mechanism" for the military. Pentagon allies on Capitol Hill were similarly raising the alarm as they moved forward with this year's even larger military budget. None of this should surprise you. As with all addictions, once you're hooked on massive military spending, it's hard to think realistically or ask the obvious questions. So, at a moment when discussion about cutting military spending is actually on the rise for the first time in years, let me offer some little known basics about the spending spree this country has been on since September 11, 2001, and raise just a few simple questions about what all that money has actually bought Americans. Consider this my contribution to a future 12-step program for national security sobriety. Let's start with the three basic post-9/11 numbers that Washington's addicts need to know:

Let me start by saying I'm a long-time admirer of Anthony Gregory's writing, and I'm as surprised as he is that this has turned into a significant disagreement.  Frankly, given our considerable areas of agreement, I'm having a hard time figuring out why my commentary piece ("Corporations are People?  So Was Hitler") set him off. Gregory's first objection, in "Contra Kevin Carson," is to my assertion that the profits of large corporations are disproportionately the result of state-enforced unequal exchange (monopolies, artificial property rights, entry barriers, etc.).

A little pompous, but provoking and informative all the same.

Chicago's "finest", hard at work.

The obvious answer is that rich people have political clout-but can it really be so simple?

Yes, the rest of the world is watching this embarrassing debt ceiling nonsense, and it is growing dismayed. Der Spiegel has a roundup of commentary in German newspapers about the fight, and the universal message is this: The US is holding the entire world hostage, and it's the Republicans that are playing with fire. Hard to accuse the Germans (who are no fans of fiscal profligacy) of being motivated by politics, or of having some inherent reason to attack Republicans. This is just the reality of what they're doing.

This will be a slightly longer letter than common for the internet age - it's serious stuff. The short version is we want you to consider doing something hard: coming to Washington in the hottest and stickiest weeks of the summer and engaging in civil disobedience that will likely get you arrested.

The basic purpose of the orders was to enable working people to pool their financial resources to supply each other with essentials that the state and the capitalists would not, including life insurance, pensions, cradle-to-grave medical care, and homes and schools for destitute family members. Members paid dues, usually modest, to support these services, which sometimes included their own hospitals, clinics, orphanages, and schools. And unlike private employers, the orders fought hard and usually succeeded in keeping their promises to their members even when times were bad.

Hasler engineers took a hard look at mail centers around the world. Then they designed this advanced folding and inserting system that can be customized to meet the workflow requirements of the widest range of mailing applications including flats.

ROMNEY LEADS

DUBAI, United Arab Emirates –  Iran needs U.S.-led sanctions rolled back again, and Western nations and some others request to limit Iran's capacity to enrich uranium to ranges that could guide it closer to producing nuclear weapons. But negotiators experience resistance from Western allies these kinds of as Israel and Gulf states towards any pact that retains Iran's nuclear program normally intact and dissent inside Iran from hard-liners opposing any nuclear concessions or diplomatic outreach to Washington.