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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 *

What Conservatives Really Want - 0 views

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    'Deficits can be addressed by raising revenue, plugging tax loopholes, putting people to work, and developing the economy long-term in all the ways the President has discussed. But deficits are not what really matters to conservatives. Conservatives really want to change the basis of American life, 
thinkahol *

The Birth of the People's Party - 0 views

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    ook at the outrage in Madison, Wisconsin. Look at the crowds in DesMoines, Iowa. Look at the demonstrations in Indiana and Ohio and elsewhere around America. Hear what they're saying: Stop attacking unions. Stop making scapegoats out of public employees. Stop protecting the super-rich from paying their fair share of the taxes needed to keep our schools running.
thinkahol *

America Is NOT Broke - 0 views

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    America is not broke. Contrary to what those in power would like you to believe so that you'll give up your pension, cut your wages, and settle for the life your great-grandparents had, America is not broke. Not by a long shot. The country is awash in wealth and cash. It's just that it's not in your hands. It has been transferred, in the greatest heist in history, from the workers and consumers to the banks and the portfolios of the uber-rich. Today just 400 Americans have more wealth than half of all Americans combined. Let me say that again. 400 obscenely rich people, most of whom benefited in some way from the multi-trillion dollar taxpayer "bailout" of 2008, now have more loot, stock and property than the assets of 155 million Americans combined. If you can't bring yourself to call that a financial coup d'état, then you are simply not being honest about what you know in your heart to be true.
thinkahol *

The Unwisdom of Elites - NYTimes.com - 0 views

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    The past three years have been a disaster for most Western economies. The United States has mass long-term unemployment for the first time since the 1930s. Meanwhile, Europe's single currency is coming apart at the seams. How did it all go so wrong?
thinkahol *

Speech on media propaganda - Glenn Greenwald - Salon.com - 0 views

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    The 30-minute speech I gave last month at the Symphony Space in New York is now available on video, and is posted below in three YouTube segments (the first segment also contains the 4-minute introduction of my speech). The speech pertains to the evolution of my views on media criticism, the nature of media propaganda and what drives it, and what can be done to combat it. A DVD of the entire event -- featuring the three other speeches: from Amy Goodman, Noam Chomsky and Michael Moore -- is available at FAIR's website. I want to note one example, from today, that vividly illustrates many of the themes I discussed in that speech.  It is found in the following passage from this Reuters article on Obama's escalation of the covert war in Yemen and his targeting of U.S. citizen Anwar Awlaki for assassination: A U.S. official confirmed to Reuters that a U.S. strike last Friday killed Abu Ali al-Harithi, a midlevel al Qaeda operative, which followed last month's attempted strike against Anwar al-Awlaki, the leader of al Qaeda in the Arabian Peninsula. Whether Awlaki has any operational role in Al Qaeda at all is a matter of intense controversy.  The U.S. Government has repeatedly asserted that he does, but has presented no verifiable evidence to support that accusation.  But what is not in dispute is the notion that Awlaki is "the leader of al Qaeda in the Arabian Peninsula."  He unquestionably is not, and never has been, as multiple Yemen experts have repeatedly noted.  The Reuters claim is factually and entirely false. Whatever one's views are on Obama's assassination program, targeting U.S. citizens without due process obviously raises extraordinary and vitally important questions.  As The New York Times' Scott Shane put it when confirming Awlaki's inclusion on Obama's hit list: "The Obama administration has taken the extraordinary step of authorizing the targeted killing of an American citizen. . . . It is extremely rare, if not unprecedented, for an America
thinkahol *

Call Off the Global Drug War - NYTimes.com - 0 views

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    To make drug policies more humane and more effective, the U.S. should rehabilitate non-violent, casual drug users, and undermine the power of organized crime.
thinkahol *

In Spain's Tahrir Square: A Revolution Struggles to Be Born - 0 views

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    'Spain is justly proud of Paella, a distinctive dish that mixes diverse vegetables or seafood into a tasty fusion of delectability. They have now created a political version in the form of Tahrir Square type encampment in Madrid's Puerta del Sol where a diverse mix of activists - old, young, male, f
thinkahol *

The transformation of Anwar al-Awlaki - Glenn Greenwald - Salon.com - 0 views

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    In 2001, the Washington Post and Pentagon presented the preacher as the face of moderation.  What happened?
thinkahol *

FOCUS: Vicious Cycles - 0 views

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    Excerpt: 'The only way out of the vicious economic cycle is for government to adopt an expansionary fiscal policy - spending more in the short term in order to make up for the shortfall in consumer demand.' Robert Reich, Robert Reich's Blog
thinkahol *

An un-American response to the Oslo attack - Glenn Greenwald - Salon.com - 0 views

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    Norwegian political leaders refuse to exploit the tragedy to create a Surveillance State and secrecy regime
thinkahol *

Income inequality is bad for rich people too - Glenn Greenwald - Salon.com - 0 views

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    My analysis is quite simple and follows the apocryphal statement attributed to Willie Sutton. The wealth that has accrued to those in the top 1 per cent of the US income distribution is so massive that any serious policy program must begin by clawing it back. If their 25 per cent, or the great bulk of it, is off-limits, then it's impossible to see any good resolution of the current US crisis. It's unsurprising that lots of voters are unwilling to pay higher taxes, even to prevent the complete collapse of public sector services. Median household income has been static or declining for the past decade, household wealth has fallen by something like 50 per cent (at least for ordinary households whose wealth, if they have any, is dominated by home equity) and the easy credit that made the whole process tolerable for decades has disappeared. In these circumstances, welshing on obligations to retired teachers, police officers and firefighters looks only fair. In both policy and political terms, nothing can be achieved under these circumstances, except at the expense of the top 1 per cent. This is a contingent, but inescapable fact about massively unequal, and economically stagnant, societies like the US in 2010. By contrast, in a society like that of the 1950s and 1960s, where most people could plausibly regard themselves as middle class and where middle class incomes were steadily rising, the big questions could be put in terms of the mix of public goods and private income that was best for the representative middle class citizen. The question of how much (more) to tax the very rich was secondary - their share of national income was already at an all time low.
thinkahol *

The omnipotence of Al Qaeda and meaninglessness of "Terrorism" - Glenn Greenwald - Salon.com - 0 views

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    That Terrorism means nothing more than violence committed by Muslims whom the West dislikes has been proven repeatedly.  When an airplane was flown into an IRS building in Austin, Texas, it was immediately proclaimed to be Terrorism, until it was revealed that the attacker was a white, non-Muslim, American anti-tax advocate with a series of domestic political grievances.  The U.S. and its allies can, by definition, never commit Terrorism even when it is beyond question that the purpose of their violence is to terrorize civilian populations into submission.  Conversely, Muslims who attack purely military targets  -- even if the target is an invading army in their own countries -- are, by definition, Terrorists.  That is why, as NYU's Remi Brulin has extensively documented, Terrorism is the most meaningless, and therefore the most manipulated, word in the English language.  Yesterday provided yet another sterling example.
thinkahol *

How the Deficit Got This Big - NYTimes.com - 0 views

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    With President Obama and Republican leaders calling for cutting the budget by trillions over the next 10 years, it is worth asking how we got here - from healthy surpluses at the end of the Clinton era, and the promise of future surpluses, to nine straight years of deficits, including the $1.3 trillion shortfall in 2010. The answer is largely the Bush-era tax cuts, war spending in Iraq and Afghanistan, and recessions.
thinkahol *

"We Need a Non-Violent Tahrir Square" - 0 views

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    President Obama signed legislation on Tuesday that raises the nation's debt ceiling and cuts trillions of dollars in spending. Keith speaks with former Vice President and Current TV Chairman Al Gore about what's next for the country. Al Gore says it's time for an "American Spring," a non-violent movement to take back the country from the right wing.
thinkahol *

Why I Voted No on the Deficit Deal - 0 views

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    $2.5 trillion deficit-reduction deal brokered by Senate Minority Leader Mitch McConnell, House Speaker John Boehner, and President Barack Obama is grotesquely unfair. It also is bad economic policy. In the midst of a terrible recession, it will cost hundreds of thousands of jobs.
thinkahol *

How the U.S. government uses its media servants to attack real journalism - Glenn Greenwald - Salon.com - 0 views

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    A vital investigative report by Jeremy Scahill is first ignored, and then maligned, by subservient media outlets
thinkahol *

The myth of Obama's "blunders" and "weakness" - Glenn Greenwald - Salon.com - 0 views

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    Even when the President repeatedly says he wants severe budget cuts, many refuse to believe him
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