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Michael Hughes

Limbaugh and liberals clash on L.A. terrorist attack - 0 views

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    Limbaugh stretches truth on nuclear attack on L.A. towers, Stephanie Miller on Air America refutes him this morning.
thinkahol *

As Government Revenues Reach A 60-Year-Low, DeMint Claims They're At A 'Record' High | ... - 0 views

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    It's an often-repeated talking point among Republicans as Washington debates taxes and spending: "We don't have a revenue problem, we have a spending problem." It's recycled, like much of today's Republican thinking, from President Reagan, but Sen. Jim DeMint (R-SC) stretched the argument to its breaking point on MSNBC this morning when he said that government revenues are currently at "record" highs:
thinkahol *

HOLY BAILOUT - Federal Reserve Now Backstopping $75 Trillion Of Bank Of Ameri... - 0 views

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    This story from Bloomberg just hit the wires this morning.  Bank of America is shifting derivatives in its Merrill investment banking unit to its depository arm, which has access to the Fed discount window and is protected by the FDIC. What this means for you is that when Europe finally implodes and banks fail, U.S. taxpayers will hold the bag for trillions in CDS insurance contracts sold by Bank of America and JP Morgan.  Even worse, the total exposure is unknown because Wall Street successfully lobbied during Dodd-Frank passage so that no central exchange would exist keeping track of net derivative exposure.
thinkahol *

Book release: With Liberty and Justice for Some - Salon.com - 0 views

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    I'm genuinely excited today to announce the release of my new book, With Liberty and Justice for Some: How the Law is Used to Destroy Equality and Protect the Powerful. As of this morning, it is available in bookstores as well as for shipping online. The book focuses on what I began realizing several years ago is the crucial theme tying together most of the topics I write about: America's two-tiered justice system - specifically, the way political and financial elites are now vested with virtually absolute immunity from the rule of law even when they are caught committing egregious crimes, while ordinary Americans are subjected to the world's largest and one of its harshest and most merciless penal states even for trivial offenses. As a result, law has been completely perverted from what it was intended to be - the guarantor of an equal playing field which would legitimize outcome inequalities - into its precise antithesis: a weapon used by the most powerful to protect their ill-gotten gains, strengthen their unearned prerogatives, and ensure ever-expanding opportunity inequality. This is how I described that development in the book:
Levy Rivers

Joseph A. Palermo: Defeating the Bailout Looks Like Another Republican Ploy - 0 views

  • House Republican leaders did not put much pressure on their rank-and-file members to back the rescue package." John Boehner, Roy Blunt and other "leaders" of the House Republicans thought they could strike a public pose as if they really cared about the credit seizure that looms over the country while secretly hoping to pin the bill's passage on Nancy Pelosi, Steny Hoyer, (and by association, Barack Obama).
  • They wanted Speaker Pelosi to pass the bill without much Republican cover so they could tell their constituents that the Democrats were just "picking the taxpayers' pockets again."
  • I agree with the critical flaws in the bill that Dennis Kucinich articulated this morning on Amy Goodman's show, Democracy Now! I don't believe in a government welfare program for Wall Street swindlers who had the audacity to pump up the paper value of one of their hidden, unregulated derivatives, "credit default swaps," from $631 billion in 2001 to $62 trillion in 2008! I think some people should be indicted; some people should go to jail.
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  • Whenever you hear the word "bi-partisan," even during the waning hours of the Bush years, it usually means something very bad is about to happen.
  • All of a sudden I hear Bush Administration mouthpieces such as the billionaire Henry Paulson, who in the past have told us that we are all on our own and we shouldn't rely on government for anything, speak about "our" financial markets as if working people have been the ones swapping "collateralized debt obligations" and "hybrid debt instruments."
  • It is my hope we can seize the opportunity this crisis presents, hold President Obama's feet to the fire, and construct a new social compact in this country, a New New Deal.
Levy Rivers

FiveThirtyEight.com: Electoral Projections Done Right: The Persistent Myth of the Bradl... - 0 views

  • A fairly typical example comes in the form of a blind quote from a Democratic strategist this morning at The Politico:A huge challenge for Obama, insiders say, is simply determining how much skin color will matter in November. Race is nearly impossible to poll – no one ever says “I’m a racist” – and no campaign wants it revealed they are even asking questions on the issue.
  • As we have described here before, polling numbers from the primaries suggested no presence of a Bradley Effect. On the contrary, it was Barack Obama -- not Hillary Clinton -- who somewhat outperformed his polls on Election Day.
  • This effect appears to be most substantial in states with larger black populations; I have suggested before that it might stem from a sort of reverse Bradley Effect in which black voters were reluctant to disclose to a (presumed) white interviewer that they were about to vote for a black candidate.
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  • The good news for Barack Obama is that, among the Northeastern states, only New Hampshire appears to be competitive -- and Obama would gladly trade a Bradley Effect in New Hampshire for a reverse Bradley Effect in a state like North Carolina. (Pennsylvania, it should be noted, is also defined by the Census Bureau as being in the Northeast, but in terms of political demography, it shares far more in common with the Midwest).
Skeptical Debunker

Daughter says pilot in Texas IRS crash was a hero - Yahoo! News - 0 views

  • Joe Stack's adult daughter, Samantha Bell, spoke to ABC's "Good Morning America" from her home in Norway. Asked during a phone interview broadcast Monday if she considered her father a hero, she said: "Yes. Because now maybe people will listen." Authorities say Stack, 53, targeted the IRS office building in Austin on Thursday, killing employee Vernon Hunter and himself, after posting a ranting manifesto against the agency and the government. He apparently set fire to his home before flying his plane into the office building. Hunter's son, Ken Hunter, said he's alarmed by comments that the pilot was a hero. "How can you call someone a hero who after he burns down his house, he gets into his plane ... and flies it into a building to kill people?" Hunter told ABC." "My dad Vernon did two tours of duty in Vietnam. My dad's a hero." Bell said she offered her deepest condolences to Hunter's family. She said her father's last actions were wrong. "But if nobody comes out and speaks up on behalf of injustice, then nothing will ever be accomplished," she told ABC. "But I do not agree with his last action with what he did. But I do agree about the government,"
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    The daughter of a man who crashed his small plane into a building housing offices of the Internal Revenue Service called her father a hero for his anti-government views but said his actions, which killed an IRS employee, were "inappropriate."
High Syn

The Best Thing Happened to Party People Like Me - 1 views

I really have my doubts when I first heard about herbal highs and legal weed. I said "there is no such thing" but everything changed when I tried Kronic original. True to its promise, it gives the ...

legal weed

started by High Syn on 13 Jun 11 no follow-up yet
Asif Sheeraz

Watch The Morning Chef - 16th September 2009 - 0 views

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    Chef Adeel Khan presents fresh episode in Hum TV. Chef Adeel making Chocolate Cake & Chocolate Milkshake.
Sonny Cher

Getting High Legally! - 1 views

After getting out of rehab, I still cannot shake off my need to get high. However, I vowed not to resort to illegal drugs again. After consulting a friend about it, he introduced legal drugs and ma...

marijuana

started by Sonny Cher on 23 Jun 11 no follow-up yet
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