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    • My Utmost for His Highest June 19, 2013
      . . . do you love Me? . . . Tend My sheep —John 21:16Jesus did not say to make converts to your way of thinking, but He said to look after His sheep, to see that they get …

Countdown – Rep. Maxine Waters + Jonathan Alter + Jeffery Sachs

Dandelion Salad

firedoglake

***

Countdown-Jonathan Alter visits, discusses the politics of the New Congress and the stimulus
(more…)

Obama, like Bush, is Throwing Public Money into a Black Hole by Rodrigue Tremblay

Dandelion Salad

by Rodrigue Tremblay
Friday, February 13, 2009

“The [financial] crisis was not a failure of the free market system and the answer is not to try to reinvent that system. …Government intervention is not a cure-all.”
- President George W. Bush, Thursday November 13, 2008

“There is no cause to worry. The high tide of prosperity will continue.”
- Andrew W. Mellon, Hoover’s Secretary of the Treasury. September 1929

“While the crash only took place six months ago, I am convinced we have now passed the worst and with continued unity of effort we shall rapidly recover. There is one certainty of the future of a people of the resources, intelligence and character of the people of the United States – that is, prosperity.”
- President Herbert Hoover, May 1, 1930

Tuesday, February 10, may be the date when the U.S. economy officially entered into an economic depression. This was when President Obama’s Treasury Secretary, Timothy Geithner, announced that the Obama administration was about to expand Bush’s Secretary Paulson’s $700-billion plan to rescue large U.S. banks from insolvency, euphemistically called the Troubled Assets Relief Program (TARP). The purpose now, as it was previously, is to use public capital, loans and guarantees to remove toxic financial assets from private banks’ balance sheets and to transfer them to the Government and/or to willing private investors (hedge funds, private equity firms and other investors). One must keep in mind that Mr. Paulson and Mr. Geithner were the principal architects of last October’s original plan. This was then, and it is now, a plan designed primarily to use hundreds of billions of taxpayer dollars to prevent banks from declaring bankruptcy, while in fact doing little to accomplish its presumed primary objective of getting banks to resume normal lending. Such a cure has failed in the past and is likely to fail now. Saving insolvent banks is not the same as fixing them and making them viable.

(more…)

Maxine Waters Questions Bailed Out CEOs + Paul: The Fed Is the Source of Our Problems!!

Dandelion Salad

tpmtv

more about “Maxine Waters Questions Bailed Out CEOs“, posted with vodpod

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Ron Paul: The Federal Reserve Is the Source of Our Problems!!

CSPANJUNKIEdotORG

http://cspanjunkie.org/

February 10, 2009 C-SPAN

more about “Ron Paul: The Federal Reserve Is the …“, posted with vodpod

see

The Recovery Plan From Hell – What Wall Street Wants by Michael Hudson

Jim Rogers: Geithner caused the crisis

Richard Cook: “It’s Time to Fix the Monetary System” by Mike Whitney

Banking on Failure: Bailout Madness

The Economy Sucks and or Collapse 2

The Recovery Plan From Hell – What Wall Street Wants by Michael Hudson

Dandelion Salad

by Michael Hudson
ICH
February 11, 2009 “Counterpunch

Tuesday’s announcement of the Obama-Geithner recovery plan is basically an extension of the Bush-Paulson plan – yet more giveaways to financial insiders, with a view to concentrating the U.S. banking system into a cartel of just a few large banks. This is not altogether bad news for the still relatively healthy part of the banking system (healthy in the sense of still avoiding negative equity). Smaller, less troubled banks will be bought out by the large “troubled” ones, to the personal financial benefit of their stockholders. This cannot solve today’s financial problem: the fact that the debt overhead far exceeds the economy’s ability to pay. In fact, it will spread the distortions that the large banks have introduced, until the entire system presumably looks like Citibank, Bank of America, JP Morgan Chase and Wells Fargo.

But this clearly is only Stage One of a two-stage plan that has not yet been announced, although the Wall Street Journal’s op-ed page has provided enough hints trickling out for the past three months to tip the hand of Wall Street’s “dream recovery plan.”

It is not exactly what most people are hoping for. In fact, it threatens to be a nightmare scenario for the economy at large. Watch for the magic phrase: “equity kicker,” first heard in the S&L mortgage crisis of the 1980s.

(more…)

Cardoso, Gaviria, Zedillo Urge Obama to Decriminalize Marijuana

Dandelion Salad

By Joshua Goodman
Feb. 11 (Bloomberg)

Former presidents of Brazil, Mexico and Colombia said the U.S.-led war on drugs has failed and urged President Barack Obama to consider new policies, including decriminalizing marijuana, and to treat drug use as a public health problem.

The recommendations by former Brazilian President Fernando Henrique Cardoso, along with Ernesto Zedillo of Mexico and Cesar Gaviria of Colombia, were made in a report today by the Latin American Commission on Drugs and Democracy.

Among the group’s proposals ahead of a special United Nations ministerial meeting in Vienna to evaluate global drug policy is a call to decriminalize the possession of cannabis for personal use.

“We need to break the taboo that’s blocking an honest debate,” Cardoso said at a press conference in Rio de Janeiro to present the report. “Numerous scientific studies show that the damage caused by marijuana is similar to that of alcohol or tobacco.”

[...]

via Bloomberg.com: Latin America.

h/t: ICH

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see

http://www.ssdp.org/briefthechief (sign a letter to the new Drug Czar)

Dennis Trainor: The End Of America

Dandelion Salad

UpTakeVideo

more about “Dennis Trainor: The End Of America“, posted with vodpod

***

Divided United States map

see

Russian analyst predicts decline and breakup of U.S.

State Sovereignty Resolutions Introduced

The End of America (full video; Naomi Wolf)

The Economy Sucks and or Collapse 2

Apocalypse Nigh? by Cindy Sheehan (+ Action Alert)

Cindy Sheehan for Congress

Cindy Sheehan

by Cindy Sheehan
Featured Writer
Dandelion Salad
Cindy Sheehan for Congress
February 11, 2009

What experience and history teach is this — that people and governments never have learned anything from history, or acted on principles.
George Wilhelm Hegel

I would like to stipulate for this essay that Barack Obama is honorable and really wants to do the right thing for this country and this world.

But I also want to go back in that so easily manipulated concept called “history.” Barack Obama glorified the Vietnam debacle by honoring two war criminals, John McCain and Colin Powell during the coronation ceremonies in DC and he honored those who fought “for us” at Khe Sahn so are we now officially re-writing history that Vietnam was an honorable war and that it was justified or moral in any way? That the 58,000 Americans and millions of Vietnamese who were killed were killed for a “noble cause?” No war is honorable or noble, no matter if it is “legal or justified,” but our religion of state is WAR and the robber class’s god is PROFIT and if Obama was the stipulated honorable man of this essay he would reject it, not glorify it.

I realize how seductive the mantra of “looking forward” is and how tempting it would be to want to forget the history of the last eight years and move on from the horror, but we cannot move on when we are smack dab in the middle of the horror that has in no way alleviated, nor will, if we continue to put blinders on and not face reality to avert pending disaster.

(more…)

Gaza & Aftermath – Noam Chomsky interviewed by Assaf Kfoury

Dandelion Salad

By Noam Chomsky and Assaf Kfoury
ZNet
Noam Chomsky’s ZSpace Page
February 09, 2009

For more than three weeks, starting December 27th, Gaza and its 1.5 million people bore the brunt of a massive Israeli military campaign, supported and abetted by the US government. While Israel has now stopped its devastating air and ground operations in Gaza, it continues the total blockade from both the land and the sea, still pursuing the futile goal of trying to destroy Hamas and allied resistance groups by punishing the population around them.

Noam Chomsky gives a preliminary assessment of the US-Israel war on Gaza and its consequences in an interview conducted by Assaf Kfoury on January 31, 2009. The Arabic translation of the interview will appear in the Beirut daily as-Safir.

The public response in the US

AK: From the carnage in Gaza in recent weeks, there is a silver lining in the US, at least at the popular level. The devastation of Gaza has elicited something different, compared to the Lebanon war of 2006, or the Lebanon war of 1982, or other episodes of violence visited by Israel on Palestinians and Lebanese.

This time, for the first time perhaps, the public response in the US has been closer to the public response outside the US. Greater sympathy and support for the Palestinians, more criticism and anger at Israel’s actions. There were almost daily protests and demos, in major cities in the US, closer to the kind of public expressions we had been accustomed to see in Europe, Latin America, Asia and elsewhere.

This time, for example, we have seen significant participation in the US of Jewish groups in support of the Palestinians and against the Israeli government. We had never seen it before, certainly not to the same extent. This kind of participation has been coming through, not always in the mainstream media to be sure, but through alternative media channels on the Internet. For example, when 8 Jewish activists chained themselves and obstructed entrance to the Israeli consulate in Los Angeles while others carried signs reading “Closed For War Crimes” on January 14, the news came through the alternative channels, but not the New York Times, Washington Post and other major newspapers in the US.

Is this an exaggeration of the public response? And if it is not, can it be developed into a popular movement and, by extension, an effective pressure group on policy-makers?

NC: You are quite right that there was a difference in the reaction, a very noticeable difference, and that might turn out to be important. Many people, even knowing little about the matter, were revolted by the savage cruelty and cowardice of the IDF, brutally attacking defenseless people locked in a cage.

But we have to be careful in assessing the popular reaction. Most people are unaware of anything beyond the highly sanitized version that passes through media filters. Al-Jazeera is effectively barred in the US, so there was little direct visual reporting. And while the reality cannot be totally concealed, it is presented in fragments, and within a framework of apologetics — and of course portrays the US as an innocent bystander, dedicated to peace and justice, as always.

The strong and principled reaction is from a select part of the population. Polls showed a pretty even split between support for the invasion and opposition to it, and the opposition is mostly on grounds of “disproportion.” More revealing are the polls after the war ended — ended theoretically, that is; it is continuing, bitterly, though the facts are scarcely reported. A CNN poll on Jan. 24 found that 60% supported Israel, 17% the Palestinians. 63% felt that Israeli military action was justified, 30% disagreed. A Pew poll had rather similar results (Bloomberg News, Jan. 24).

[...]

via ZNet – Gaza & Aftermath.

see

Gaza Massacre Foretold in 2005: What May Come After the Evacuation of Jewish Settlers from the Gaza Strip – A Warning from Israel

Valentines for Palestine (Action Alert)

Israel-Palestine-Gaza-Occupation

Jim Rogers: Geithner caused the crisis

Dandelion Salad

peacespeech

Jim Rogers said on 2009.02.11 that Geithner caused the crisis and we must let banks fail.

more about “Jim Rogers about Tim Geithner testiom…“, posted with vodpod

see

Jim Rogers: I took my money out of UBS + Let IMF sell its gold

Richard Cook: “It’s Time to Fix the Monetary System” by Mike Whitney

Two years recession, or ten years of hell?

The Economy Sucks and or Collapse 2

Whoever forms government, Israel moves right + Lieberman not ‘far right’

Updated: added Part 2

Dandelion Salad

TheRealNews

More at http://therealnews.com/t/in…

Arthur Neslen: Whether Livni or Bibi form the government, the Knesset has taken a big step to the Right.

more about “Whoever forms gov, Israel moves right…“, posted with vodpod

***

A. Lieberman not ‘far right’, Pt.2
(more…)

Mesmerized by Melodic Rhetoric by Joel S. Hirschhorn

[Note: new tag for the economy sucks: The Economy Sucks and or Collapse 2]

by Joel S. Hirschhorn
Featured Writer
Dandelion Salad
www.foavc.org
February 11, 2009

“I’ve been through Y2K and I’ve been through 9/11. I have never seen people so afraid as what we are seeing right now,” said gun shop owner Scott Moss recently. With more guns per capita – easily 250 million privately owned ones – and certainly more people in prisons than any other democracy, the intriguing question in this still worsening economic calamity is: If Americans found the courage for political rebellion now, would it preempt massive criminal violence, social havoc and armed rebellion later?

What we see President Obama and Congress doing and debating seem inadequate to restore financial health and security to the vast majority of Americans before millions more lives are devastated. Billions of tax dollars have gone to banks, corporations and others but have not stopped the hemorrhage of our financial lifeblood. More than half a million jobs continue to be lost a month; 3.5 million in the past year. Millions are losing their homes, health insurance and ability to buy food. Those with jobs are afraid to spend money.

As Nobel Prize winning and gloomy economist Paul Krugman said the other day after condemning what is going on in Washington, DC: “the economy is still in free fall” and we may be “falling into an economic abyss.” Harsh words for a harsh reality.

(more…)

Mosaic News – 2/10/09: World News From The Middle East (Israeli Election)

Dandelion Salad

Warning

This video may contain images depicting the reality and horror of war/violence and should only be viewed by a mature audience.

linktv

Mosaic needs your help! Donate here: http://linktv.org/contribute

Headlines coming soon. Produced for Link TV by Jamal Dajani.

see

Election too close to call in Israel + Mystery surrounds Israel political future

Israeli exit polls: Livni apparent winner

Israel-Palestine-Gaza-Occupation

Countdown: War Crimes + The Near Miss on Complete Financial Collapse + Leahy + Kanjorski

Dandelion Salad

firedoglake

Jonathan Turley discusses Obama administration prosecutions of Bush and Co. war crimes

***

heathr456

The Near Miss on Complete Financial Collapse
(more…)

Life and Debt – Globalization and Jamaica (2001)

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Dandelion Salad

Update: Nov. 3, 2009 Found the videos: Life & Debt: Information Clearing House -  ICH

Update: Videos are no longer available.  Here’s another video on Jamaica:

Jamaica in the 1970s and 1980s

Replaced video April 20, 2009

1:26:06 – Nov 27, 2006
Stephanie Black

http://www.lifeanddebt.org/

Utilizing excerpts from the award-winning non-fiction text “A Small Place” by Jamaica Kincaid, Life & Debt is a woven tapestry of sequences focusing on the stories of individual Jamaicans whose strategies for survival and parameters of day-to-day existence are determined by the U.S. and other foreign economic agendas. By combining traditional documentary telling with a stylized narrative framework, the complexity of international lending, structural adjustment policies and free trade will be understood in the context of the day-to-day realities of the people whose lives they impact. http://www.lifeanddebt.org/about.html

***

Life and Debt in Jamaica 1 of 3

29:06 – Sep 11, 2007
3223X9053R – multisys.netfirms.com/911.htm

more about “Life and Debt in Jamaica 1 of 3“, posted with vodpod

Pt 2

www.veoh.com

more about “Life and Debt in Jamaica 2 of 3.“, posted with vodpod

Pt 3

28:05 – Sep 11, 2007
3223X9053R – multisys.netfirms.com/911.htm

Life and Debt courageously takes head on the question of the real price paid by the Jamaican economy for membership of the club created by such institutions as the International Monetary Fund and the World Bank. In the 1970s, Jamaica was obliged to seek money from the IMF. The price to be paid involved opening the island up to the world economy. This has in practice meant, more tourists, but also more sweatshop-style industries. Under the pressure of competition with American imports, Jamaican agriculture has collapsed. For Jamaicans, the consequences of globalisation have been neither easy nor attractive. A well-argued, angry film.

more about “ Life and Debt in Jamaica 3 of 3“, posted with vodpod

see

G8 Summit + Politics of Fruit and the Secret History of the “Miracle Berry”

Chiquita pays for paramilitary ties + Colombia Outraged Over Chiquita Fine By Joshua Goodman

Citizens for Boycotting Chiquita by Kyle de Beausset

Seek Justice Against Chiquita by Kyle de Beausse

Banana Republic: Chertoff, Chiquita and Right-Wing Death Squads by Chris Floyd

The Economy Sucks and or Collapse 2

Election too close to call in Israel + Mystery surrounds Israel political future

Dandelion Salad

RussiaToday

The vote count is underway in Israel as the country prepares the way for a new Prime Minister. Two main candidates are vying for the position and each has a different approach to the issue of national security.

more about “Election too close to call in Israel“, posted with vodpod

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Mystery surrounds Israel political future

Press TV
Wed, 11 Feb 2009 08:13:19 GMT

The Kadima and Likud parties have both declared victory in a close Israeli election that has left the future of the premiership in doubt.

The right-wing Likud Party managed to add to the number of its seats in parliament but fell short of Kadima, winning 27 seats compared to the 28 now held by the centrist Kadima Party, exit polls for the Tuesday elections show.

In spite of its one-seat deficit, Likud leader Benjamin Netanyahu has become a viable candidate for the premiership, as right-wing parties have gained the overall advantage and may seek to join the politician in forming a coalition government.

[...]

via Press TV – Mystery surrounds Israel political future.

see

Israeli exit polls: Livni apparent winner

Israel-Palestine-Gaza-Occupation