Be INFORMED

Sunday, September 21, 2008

Government Bailouts: Screwing You Again

  After the $700 Billion bailout that the Bush administration is giving the financial sector, it should be clear to you that you and I have been and are getting fucked once again by both the government and these sleazy investment firms.

  You can thank Senator John McCain and a few of his campaign lobbyist for a lot of this mess which we find ourselves in thanks to some bad bills and massive deregulation of banks and brokerages and so on and so on.

  This shit started back with the Garn-St. Germain Depository Institutions Act, which was one of the rules that helped bring about the S&L crisis back in the 80's.

  John McCain was somewhat involved with this S&L problem as where a few other senators. Remember the Keating 5? Coupled with deregulation, one should have known that things would only get worse.

  Now these firms will get all of their debt wiped out by the taxpayers and then their stock values will go way up because their books will look so good. The traders will be making a killing on this bailout, as will the CEO's.

  DKos

The expansion of unregulated Savings and Loans in the 1980s brought on the collapse of that industry, a crippling of the economy, and left taxpayers holding the bag. Maybe that was only happenstance. Those pushing for the Garn-St. Germain Depository Institutions Act may not have known what they were doing.

The deregulation of the California electricity market, along with the protections provided to Enron through Phil Gramm's lobbyist-written legislation brought blackouts, fiscal and political chaos, and left taxpayers holding the bag. But the people who engineered that event -- people like Gramm and Greenspan -- had already seen what happened with the S&Ls. They should have known better. Still, perhaps that was only coincidence.

The sub-prime mortgage crisis that has not only come so close to utterly destroying the markets, but has ruined the value of many people's homes and left millions with mortgages they can't pay, was also the outcome of the deregulation created by these men. The very predictable outcome.  When taxpayers are left holding the bag for $1 trillion this time around, it's hard to believe it's any sort of accident.

This is enemy action. This is a bullet deliberately fired into the economy by men willing to exercise their ideology regardless of the cost to taxpayers. Men who have every expectation that they can plunder the system again and again, while the public picks up the tab. John McCain may not have had his finger directly on the trigger, but he was there. He assisted. These were his personal friends and philosophical comrades. He may not be the high priest, but he has been a loyal acolyte in the cult of deregulation.

It may come as a surprise to the champions of deregulation, but nobody likes regulation. The restrictions that were placed on banks, S&Ls, and other institutions in the 1930s weren't put there because someone thought it would be fun. They were put in place because they addressed problems that had just been clearly and painfully revealed. They were put in place because they were necessary.

It's bad enough if John McCain didn't know that. It's far worse if he did.

Saturday, September 20, 2008

Billions for Bailouts! Who Pays?

Senator Bernie Sanders

The current financial crisis facing our country has been caused by the extreme right-wing economic policies pursued by the Bush administration.  These policies, which include huge tax breaks for the rich, unfettered free trade and the wholesale deregulation of commerce, have resulted in a massive redistribution of wealth from the middle class to the very wealthy. 
The middle class has really been under assault.  Since President Bush has been in office, nearly 6 million Americans have slipped into poverty, median family income for working Americans has declined by more than $2,000, more than 7 million Americans have lost their health insurance, over 4 million have lost their pensions, foreclosures are at an all time high, total consumer debt has more than doubled, and we have a national debt of over $9.7 trillion dollars.
While the middle class collapses, the richest people in this country have made out like bandits and have not had it so good since the 1920s.  The top 0.1 percent now earn more money than the bottom 50 percent of Americans, and the top 1 percent own more wealth than the bottom 90 percent.  The wealthiest 400 people in our country saw their wealth increase by $670 billion while Bush has been president.  In the midst of all of this, Bush lowered taxes on the very rich so that they are paying lower income tax rates than teachers, police officers or nurses.
Now, having mismanaged the economy for eight years as well as having lied about our situation by continually insisting, “The fundamentals of our economy are strong,” the Bush administration, six weeks before an election, wants the middle class of this country to spend many hundreds of billions on a bailout.  The wealthiest people, who have benefited from Bush’s policies and are in the best position to pay, are being asked for no sacrifice at all.  This is absurd.  This is the most extreme example that I can recall of socialism for the rich and free enterprise for the poor.
In my view, we need to go forward in addressing this financial crisis by insisting on four basic principles:
(1) The people who can best afford to pay and the people who have benefited most from Bush’s economic policies are the people who should provide the funds for the bailout.  It would be immoral to ask the middle class, the people whose standard of living has declined under Bush, to pay for this bailout while the rich, once again, avoid their responsibilities.  Further, if the government is going to save companies from bankruptcy, the taxpayers of this country should be rewarded for assuming the risk by sharing in the gains that result from this government bailout.
Specifically, to pay for the bailout, which is estimated to cost up to $1 trillion, the government should:
a)  Impose a five-year, 10 percent surtax on income over $1 million a year for couples and over $500,000 for single taxpayers.  That would raise more than $300 billion in revenue;
b) Ensure that assets purchased from banks are realistically discounted so companies are not rewarded for their risky behavior and taxpayers can recover the amount they paid for them; and
c) Require that taxpayers receive equity stakes in the bailed-out companies so that the assumption of risk is rewarded when companies’ stock goes up.
(2) There must be a major economic recovery package which puts Americans to work at decent wages.  Among many other areas, we can create millions of jobs rebuilding our crumbling infrastructure and moving our country from fossil fuels to energy efficiency and sustainable energy.  Further, we must protect working families from the difficult times they are experiencing.  We must ensure that every child has health insurance and that every American has access to quality health and dental care, that families can send their children to college, that seniors are not allowed to go without heat in the winter, and that no American goes to bed hungry.
(3) Legislation must be passed which undoes the damage caused by excessive de-regulation.  That means reinstalling the regulatory firewalls that were ripped down in 1999.  That means re-regulating the energy markets so that we never again see the rampant speculation in oil that helped drive up prices.  That means regulating or abolishing various financial instruments that have created the enormous shadow banking system that is at the heart of the collapse of AIG and the financial services meltdown.
(4) We must end the danger posed by companies that are “too big too fail,” that is, companies whose failure would cause systemic harm to the U.S. economy.  If a company is too big to fail, it is too big to exist.  We need to determine which companies fall in this category and then break them up.  Right now, for example, the Bank of America, the nation’s largest depository institution, has absorbed Countrywide, the nation’s largest mortgage lender, and Merrill Lynch, the nation’s largest brokerage house.  We should not be trying to solve the current financial crisis by creating even larger, more powerful institutions.  Their failure could cause even more harm to the entire economy.

One of The Better Anti-McCain Ads?

  With McCains own words, this ad brings John McCain back down to reality.

  Watch it. Listen. Think about it.

2008-09-07_233021

 

Republican Election Theft

Published on Thursday, September 18, 2008 by Common Wonders

Goo-Goo America

by Robert C. Koehler

Say you've got a global agenda that's far too important to leave to chance -- wars to fight, quagmires to feed, interests to protect, secrets to hide.

Staying in power is crucial.

This presents a big problem in an election year -- heart-stopping, even -- for the Republican Party. Consider the basic numbers, as compiled recently by the Associated Press: In the 28 states that register voters according to party affiliation, more than 2 million Democrats have been registered, in highly energized get-out-the-vote drives, over the last two years, while, simultaneously, Republicans have lost nearly 344,000 voters in those same states. Nationwide, AP informs us, there are about 42 million registered Democrats right now and about 31 million Republicans.

However, in applied, as opposed to merely theoretical, democracy, there are things you can do about a numbers problem like this - legal, quasi-legal and blatantly, wildly, desperately (but undetectably) illegal. And the GOP, in its virulent neocon incarnation, is going to do all of them. In impolite, non-mainstream-media circles, it's called cheating.

Indeed, "this is an all out Republican war on democracy in which we will be witnessing an unprecedented 'troop surge' between here and November," Brad Friedman, whose blog sounded one of the earliest and most clarion voices of warning about election fraud, wrote recently in the U.K. Guardian. Friedman quoted conservative guru Paul Weyrich, who back in 1980 mocked the idea of democracy and good government as "goo-goo syndrome," and bluntly stated: "As a matter of fact, our leverage in the elections quite candidly goes up as the voting populace goes down."

Keeping the voting populace down -- among target groups, of course (African-Americans, students, Native Americans, Hispanics, the poor, the young) -- has been core Republican strategy throughout the Rove-Bush era, from the bogus ex-felon purges of voting rolls in 2000 that disenfranchised thousands of mostly African-Americans in the South and gave Florida to George W. Bush, to a dizzying array of dirty tricks in 2004 (check out "Fooled Again" by Mark Crispin Miller or the documentaries "Uncounted" and the just-completed "Stealing America Vote by Vote"), to . . .

Well, they're at it again, of course, targeting the most vulnerable and the most Democratic-leaning populations, such as, in a stunning display of cynicism, people whose homes were recently foreclosed on, but this time they don't have a free hand. The most crucial news of the 2008 election season is that "Goo-Goo America," if you will -- good-government, democracy-committed America -- is up and out of its complacency in growing numbers.

"In 2004, we were blindsided," long-time voting-rights activist Harvey Wasserman told me. But this year, no way. People are starting to feel a deeper cry of citizenship, to get involved in the process in a new way, whether it be by signing up as election judges or poll watchers, or by becoming indie media types and videotaping what they see going on.

"We think it is actually within reach to get a fair election in 2008," said Wasserman, who is one of the organizers of the Ohio Election Protection conference, in Columbus Sept. 26-28 (see http://www.freepress.org/doit.php?strFunc=display&strID=377&strYear=2008 for details).

This is a rallying cry, not a reassuring bedtime story. We can't go back to sleep about the mechanics of our elections any more than we can give up on the issues of war and peace, the national direction and America's relationship with the rest of the world. The stakes are far too high.

"There are many problems in American democracy," writes Kevin Zeese in Op-Ed News, in a comprehensive roundup of disenfranchisement attempts around the country. "But, if we are unable to get these two basic things right -- registering voters and counting the vote accurately -- then not much else matters because the democracy is a farce and a fraud on the most basic fundamentals."

The problems and potential problems with hackable electronic voting machines, sloppy ballot chain-of-custody procedures and other matters related to the voting process itself are enormous and troubling, and I will address them as the election nears. For now, I focus on the basic fact of power. Its tendency to corrupt is known, documented and filed away under "history."

But history is occurring right now, as the election season progresses, mostly under the mainstream media radar, and it often looks like latter-day, de facto racism. For instance, in Macomb County, outside Detroit in the swing state of Michigan, Republicans have gotten ahold of foreclosure lists to challenge the addresses of (mostly African-American) registered voters, even as the GOP sits on an anti-predatory lending bill in the state legislature. Lose your home, lose your vote.

Goo-Goo America has to rouse itself and rise to the challenges of this election season, because power doesn't bow to principle unless it has to -- unless principle itself has a power base.

                         © 2008 Tribune Media Services, Inc.

Robert Koehler, an award-winning, Chicago-based journalist, is an editor at Tribune Media Services and nationally syndicated writer. You can respond to this column at bkoehler@tribune.com or visit his Web site at commonwonders.com.

Barack Obama Speaking In Miami

September 19,2008

Friday, September 19, 2008

John McCains Wall Street Lobbyist:83 Working for His Campaign

  McCain can run around all day long talking about how he and Palin will reform both Washington and Wall Street, but, that does not change the fact that McCain has many of those Wall Street lobbyist now helping to get him elected as President of the United States.

   From MotherJones

McCain has been quick with fiery, populist-tinged speeches. But one thing has been missing: any acknowledgment that McCain's own campaign has been loaded with the type of people he's been denouncing. (The McCain campaign did not respond to a request for comment; we will update the post if they do.) As Mother Jones previously reported, former Senator Phil Gramm, McCain's onetime campaign chairman, used a backroom maneuver in late 2000 to slip into law a bill that kept credit default swaps unregulated. These financial instruments greased the way to the subprime meltdown that has led to today's economic crisis. Several of McCain's most senior campaign aides have lobbied for Fannie Mae and Freddie Mac. And the Democratic National Committee, using publicly available records, has identified 177 lobbyists working for the McCain campaign as either aides, policy advisers, or fundraisers.

Of those 177 lobbyists, according to a Mother Jones review of Senate and House records, at least 83 have in recent years lobbied for the financial industry McCain now attacks. These are high-paid influence-peddlers who have been working the corridors of the nation's capital to win favors and special treatment for investment banks, securities firms, hedge funds, accounting outfits, and insurance companies. Their clients have included AIG, the newest symbol of corporate excess; Lehman Brothers, which filed for bankruptcy on Monday sending the stock market into a tailspin; Merrill Lynch, which was bought out by Bank of America this week; and Washington Mutual, the banking giant that could be the next to fall. Among these 83 lobbyists are McCain's chief political adviser, Charlie Black (JP Morgan, Washington Mutual Bank, Freddie Mac, Mortgage Bankers Association of America); McCain's national finance co-chairman, Wayne Berman (AIG, Blackstone, Credit Suisse, Fannie Mae, Freddie Mac); the campaign's congressional liaison, John Green (Carlyle Group, Citigroup, Icahn Associates, Fannie Mae); McCain's veep vetter, Arthur Culvahouse (Fannie Mae); and McCain's transition planning chief, William Timmons Sr. (Citigroup, Freddie Mac, Vanguard Group).

  John McCrook as our next president? I hope not!

New Obama Ad On John McCains Advisors

  So let us hear a word on the advisors to McCain who think that the economy is " fundamentally " strong.

Thursday, September 18, 2008

Mars Pet Food Launches A Recall

DKos

Mars Pet Food is recalling 14 brands of dry dog and cat food made between February and July of this year, after two people who may have had contact with some of the food became infected with Salmonella. If you feed your dog or cat any of the brands listed below, here's how to check the package code.

Recalled brands:

* Pedigree * Ol' Roy * Retriever * Paws & Claws * Member's Mark * Natural Dog Food * Natural Cat Food * Doggy Bag * PMI Nutrition * Red Flannel * PetPride * Special Kitty * Country Acres * Wegman's Bruiser * Wegman's Buju & Ziggie

To check whether the package you have is part of the recall, look at the code under the "Best Before" date.

For Pedigree brand food:

Consumers should look for "PAE" on the bottom line – the sixth, seventh and eighth digits. Sample:
Best Before 02/2009
808G1PAE01 12:00

For all other brands:

Consumers should look for "17" as the first two digits of the second line. Sample:
Best By Feb 18 09
17 1445 1

If you find a match, wrap up the product according to FDA guidelines and take it back to the store where you purchased it for a refund.

More in this article.

Barack Obama's Smackdown Of John McCain Continues

  Another great Obama video for your viewing pleasure!

Cuts like a knife!

John McCain On Social Security

  Mr. flip-flop has said at one time that he has never said that he was for privatizing Social Security, which we all know by know is a lie.

  I bring this up because of the problems this past week with Lehman and the other investment firms who have gone bankrupt or have been bailed out by the government recently.

  Just suppose that you had one of those private accounts which was being managed by Lehman or whoever. What do you think that account would be worth now with the company having no cash?  would you really like to see your 401k plan reduced to pennies, if that much, because some greedy brokers pissed away your money on risky investments? I would think not. I know that I wouldn't like it.

  Also keep in mind that the financial sectors problems are showing up now due to some of the deregulation laws which John McCain supported.

 

Barack Obama's new ad on McCains Social Security votes. McCain gets ran over on this one.

Wednesday, September 17, 2008

Barack Obama Speaks On McCain's " Old Boy Network "

     But first, this tidbit.

CNN.com:

Republicans lowered my taxes, and will keep them low. But the value of my home has dropped 20%, my health insurance costs have doubled, gas costs $4 a gallon, and my investments are in the tank. Please, tax me.

Congress Approves Drilling Off Coasts

WASHINGTON - The House voted late Tuesday to open waters off the Atlantic and Pacific coasts to oil and gas drilling but only 50 or more miles out to sea and only if a state agrees to energy development off its shore.

Democratic leaders called it a step toward energy independence, but Republicans labeled it a "sham" because most of the estimated 18 billion barrels of oil believed to lie below off-limits coastal waters are within 50 miles of land and will remain out of bounds.  Yahoo

   Do you hear those Republican oil barons crying in their soup because they did not get what they wanted out of this deal? How about ExxonMobile?

   The thing with this deal is that the GOP will cry and kick and scream for a bit and then the Democrats will decide to come to some sort of compromise tp quiet them down. The Dems will give in and change those 50 miles limits to something closer to the Republicans ( oil company's ) liking. We've seen this kind of crap from the Democrats to many times to believe that they will actually hold their ground on anything important to you and I.

  Even before the House vote, the White House said President Bush was prepared to veto the measure should it reach his desk. An administration statement said the bill would "stifle development" of offshore energy resources by essentially making permanent drilling bans within the 50-mile coastal buffer, while imposing new taxes on the largest oil companies.

  New taxes on the largest oil companies? WTF? They already get some $18 billion in tax breaks. Bush must be worried that those extra taxes will cut into his kickbacks or free vacations.

Tuesday, September 16, 2008

Obama Returns Fire At McCain

Obama saw it coming

by free speech zone @ DKos  Tue Sep 16, 2008

Obama this morning threw down the gauntlet  on McCain. He called McCain out for his lack of leadership on the current economic crisis. he skewers McCain with his own words.

He is on fire!

Today in the battleground state of Colorado, Obama turned up the heat on McCain. Obama reminded us that in Febuary of 2006 he introduced legislation to stop mortgage transactions that promote fraud risk and abuse.

If you want to understand the difference between how Senator McCain and I would govern as President, you can start by taking a look at how we've responded to this crisis. Because Senator McCain's approach was the same as the Bush Administration's: support ideological policies that made the crisis more likely; do nothing as the crisis hits; and then scramble as the whole thing collapses. My approach has been to try to prevent this turmoil. In February of 2006, I introduced legislation to stop mortgage transactions that promoted fraud, risk or abuse. A year later, before the crisis hit, I warned Secretary Paulson and Chairman Bernanke about the risks of mounting foreclosures and urged them to bring together all the stakeholders to find solutions to the subprime mortgage meltdown. Senator McCain did nothing.

Once again Obama shows he was on the right side of the issue. Like Iraq he shows he has the judgment to lead this country. He continues:

Last September, I stood up at NASDAQ and said it's time to realize that we are in this together -- that there is no dividing line between Wall Street and Main Street -- and warned of a growing loss of trust in our capital markets. Months later, Senator McCain told a newspaper that he'd love to give them a solution to the mortgage crisis, "but" -- he said -- "I don't know one."

Obama then turns McCains own words against him. These quotes need to be made into some devastating ads.

This March, in the wake of the Bear Stearns bailout, I called for a new, 21st century regulatory framework to restore accountability, transparency, and trust in our financial markets. Just a few weeks earlier, Senator McCain made it clear where he stands: "I'm always for less regulation," he said, and referred to himself as "fundamentally a deregulator."

The video of his comments are worth a look. There is some damaging info here and if enough people see the hypocrisy that the McCain camp is currently displaying, we can do some serious damage. Le us hope this is a sign of things to come.

Good bye lipstick, hello economy. If this keeps up McCain is in some serious trouble. Start your engines!

Markey Launches Investigation into Oil Companies’ Involvement in Interior Dept. Scandal

      The Gavel

From the Select Committee on Energy Independence and Global Warming:

Chairman Edward J. Markey has launched an investigation into the growing scandal involving members of the Bush administration’s Interior Department oil division. Chairman Markey sent letters late Friday to the heads of the oil companies involved in the scandal, probing the companies’ knowledge of the unethical dealings between oil company officials and the regulators.

“Sniffing out the bad actors in the Bush administration’s oil division is important, but we need to be just as vigilant with the companies involved in this crude distortion of government ethics,” said Rep. Markey, who chairs the Select Committee on Energy Independence and Global Warming. “It takes two to tango, and the oil companies appear to have danced over just as many ethical lines as the Bush administration officials.”

The letters were sent to Marvin Odum, President of Shell Oil; David O’Reilly, Chairman and CEO of Chevron; and Ronald Williams, President and CEO of Gary Williams Energy Corporation.

In the letters, along with asking for detailed records of lobbying expenditures, the following questions are asked, among others:

Did any senior executives at the companies have any knowledge, at any point in time, that employees were providing gifts to Interior Department employees or officials in violation of federal law?

Did any senior executives at the companies direct any employee to seek out inappropriately close relationships with Interior Department employees or officials?

Were any company funds used directly or on a reimbursable basis to provide prohibited gifts to Interior Department employees?

Did the oil companies allocate funds in advance for the purchase of gifts for Interior Department or any other Bush administration employees or officials?

“From funding global warming deniers to fighting the expansion of renewable energy, Big Oil has done America no favors,” said Rep. Markey. “In doing many unethical favors for Bush administration officials, and expecting reciprocation when oil is bought and sold, the oil companies are continuing a long-established, disappointing trend.”

The text of the letter:

September 12, 2008

Mr. Marvin Odum
President
Shell Oil Company
North America Headquarters
Two Houston Center, Plaza Level I
909 Fannin Street
Houston, Texas 77010

Dear Mr. Odum:

On September 9, 2008, the Office of Inspector General (OIG) for the Department of the Interior issued the final results of three separate investigations into allegations of misconduct by current and former employees of the Minerals Management Service (MMS), which oversees the leasing and management of our nation’s oil and gas resources. The OIG investigation uncovered multiple instances of misconduct by MMS employees.

According to the OIG reports, nearly one-third of the employees in MMS’ Royalty in Kind (RIK) department “socialized with, and received a wide array of gifts and gratuities from, oil and gas companies with whom RIK was conducting official business” and received gifts “with prodigious frequency.” Given the fact that oil and gas royalties comprise one of the largest non-tax revenue streams for the federal government and that the RIK department oversees the collection of nearly $4 billion of per year rightfully owed to American taxpayers by oil and gas companies, the discovery of these sorts of “textbook example[s] of improperly receiving gifts from prohibited sources” is profoundly troubling.

According to the OIG, employees from Shell were involved in inappropriately close relationships with Interior Department employees, including providing gifts in violation of federal law, in what has the appearance of an attempt to illegally influence the management and oversight of your company’s oil and gas activities and collection of royalty payments owed to the federal government. Therefore, I request that you or your company provide answers to the following questions by close of business on Wednesday, September 17, 2008:

1. Did any senior executives at Shell Oil Company have any knowledge, at any point in time, that Shell Oil Company employees were providing gifts to Interior Department employees or officials in violation of federal law? If so, please identify the name and position held by those senior executives.

2. Did any senior executives at Shell Oil Company direct any Shell employee to establish unprofessional relationships with Interior Department employees or officials? If so, what was the reason for those relationships? Were they in any way in an attempt to influence the management and oversight of Shell Oil Company’s oil and gas activities?

3. Were Shell Oil Company funds used directly or on a reimbursable basis to provide prohibited gifts to Interior Department employees? If so, who within Shell Oil Company authorized the use of such funds and how much was authorized?

4. Did Shell Oil Company allocate funds in advance for the purchase of gifts for Interior Department or any other Bush Administration employees or officials?

5. Please detail Shell Oil Company’s expenditures from 2002 to 2006 on lobbying Interior Department or Bush Administration employees or officials concerning the RIK program.

I look forward to your response. Should you have any questions about this request, please have your staff contact my staff at (202) 225-4012.

Sincerely,

Edward J. Markey
Chairman

cc: Mr. F. James Sensenbrenner, Jr.
Ranking Member

 

Monday, September 15, 2008

Barack Obama: I've Got A Bridge To Sell You Up In Alaska

  Democrat Barack Obama was in Grand Junction Colorado on Monday and is as usual had some pretty good shot for the McCain/Palin corporation.

John McCain's Brilliant People

John McCain's List of Real Smart People

by Devilstower @ DKos Mon Sep 15, 2008

There are some lists that you just don't want to be on. The No-Fly List. The 10 Most Wanted List. The list of candidates so desperate they actually want George Bush to come out and campaign with them.

Then there's John McCain's List of Real Smart People. What does it take to be on this list? Well, Sarah Palin is there.

McCAIN: She knows more about energy than probably anyone else in the United States of America.

Who else makes the list? Try former Texas Senator, Phil Gramm.

McCAIN: one of the smartest people in the world on economics

As we watch the financial sector move into the next stage of melt down, here's a reminder of what Gramm did to earn himself a spot as not only a Real Smart Person, but McCain's top economic advisor.

[Gramm]was co-sponsor of the 1999 law that allowed commercial banks to get into investment banking. And the fact that Gramm was a prime architect of a 2000 bill that kept regulators' hands off of "credit default swaps," an exotic financial tool which helped enable the bundling and selling of crappy subprime mortgages to investors.

In other words, Gramm was at the top of the list of people rushing to give the banking industry "more flexibility" and relieve them of all those nasty regulations that kept them from showing the kind of constraint that Wall Street always shows when nobody is looking.

The value of the entire U.S. Treasuries market: $4.5 trillion.

The value of the entire mortgage market: $7 trillion.

The size of the U.S. stock market: $22 trillion.

The size of the credit default swap market last year: $45 trillion.

Phil Gramm saw to it that banks could not only become involved in risky investments, they could buy and sell those investments to each other, creating a speculative shadow economy many times larger than the real economy, and Gramm made sure that all this activity was completely unregulated.

Back to Dave Davies' of the Philadelphia Daily News and his July interview with McCain.

[McCain] said that Gramm and others thought that they were doing the right thing in the 2000 legislation.

But that's just the point.

Nobody thought that they were setting up a cataclysmic collapse in the nation's financial sector, but when you're restricting public oversight of private markets, you'd better give some serious thought to the downside.

Serious thought to the downside? That's surrender talk. Hell, boy, what kind of maverick are you?

That kind of thinking is never going to make McCain's list. Which is a very important reason why McCain shouldn't be on anyone's list of potential presidents.

Saturday, September 13, 2008

Obama Camp Showing Some Punch

  I guess that even Barack Obama can take only so much of John McCains ads full of lies and falsehoods.

   Poltico

   “We will take no lectures from John McCain who is cynically running the sleaziest and least honorable campaign in modern Presidential campaign history. His discredited ads with disgusting lies are running all over the country today. He runs a campaign not worthy of the office he is seeking,” said Obama campaign spokesman Bill Burton.

  Good start. Now go knock his fucking teeth out of his mouth.

A Homemade Obama Ad

  This is a really cool Obama ad which I found. Maybe you'll turn your undecided friends onto this one. This is what Obama's run is all about!

Friday, September 12, 2008

Why I'm Voting Republican

  Of course I am not voting for any gutter-crawling Republican.

  Here is a sarcastic fact check on those Republican assholes that I hate learned to despise so much over the last eight years.

I'm voting Republican because being a drug addict is a moral failing and a crime, unless you're a conservative radio host. Then it's an illness and
you need our prayers for your recovery.

I'm voting Republican because Government should relax regulation of Big Business and Big Money but crack down on individuals who use marijuana to relieve the pain of illness.

I'm voting Republican because "Standing Tall for America" means firing your workers and moving their jobs to India.

I'm voting Republican because a woman can't be trusted with decisions about her own body, but multi-national corporations can make decisions
affecting all mankind without regulation.

I'm voting Republican because Jesus loves you, and shares your hatred of
homosexuals and Hillary Clinton.

I'm voting Republican because the best way to improve military morale is to praise the troops in speeches while slashing veterans' benefits and combat pay.

I'm voting Republican because group sex and drug use are degenerate sins unless you someday run for governor of California as a Republican.

I'm voting Republican because if condoms are kept out of schools, adolescents won't have sex.

I'm voting Republican because a good way to fight terrorism is to belittle our long-time allies, then demand their cooperation and money.

I'm voting Republican because HMOs and insurance companies have the interest of the public at heart.

I'm voting Republican because providing health care to all Iraqis is sound policy. Providing health care to all Americans is socialism.

I'm voting Republican because global warming and tobacco's link to cancer are junk science, but creationism should be taught in schools.

I'm voting Republican because Saddam was a good guy when Reagan armed him, a bad guy when Bush's daddy made war on him, a good guy when Cheney did business with him and a bad guy when Bush needed a "we can't find Bin Laden" diversion.

I'm voting Republican because a president lying about an extramarital affair is an impeachable offense. A president lying to enlist support for a war in which thousands die is solid defense policy.

I'm voting Republican because Government should limit itself to the powers named in the Constitution, which include banning gay marriages and censoring the Internet.

I'm voting Republican because the public has a right to know about Hillary's cattle trades, but George Bush's driving record is none of our business.

I'm voting Republican because what Bill Clinton did in the 1960s is of vital national interest, but what Bush did in the '80s is irrelevant.

I'm voting Republican because trade with Cuba is wrong because the country is communist, but trade with China and Vietnam is vital to a spirit of international harmony.

Late Night Comedy On The Campaign Trail

  A few giggles and laughs for you.

"Sarah Palin has been getting briefed on what she needs to know to be John McCain’s vice president. The first thing they taught her was CPR."
---Conan O'Brien

"[Sarah Palin] knows more about energy than probably anyone else in the United States of America. ... And, uh, she also happens to represent, be governor of a state that's right next to Russia."
---John McCain on Palin's foreign policy experience

"It's autumn in New York. The leaves are falling. Earlier today, John McCain admitted he doesn’t know how many rakes he owns."
---David Letterman
-
"There are only 56 days until the election. I saw that they’re selling Sarah Palin action figures. Sad incident at Toys R Us today---a Sarah Palin doll shot My Little Pony."
---Jimmy Kimmel
-
"Well, it's a very strange political campaign. I mean, out on the campaign trail, John McCain and Sarah Palin are talking about how they stood up to the Republican party, they fought the Republican establishment, and they battled Republicans. Their message: vote Republican."
---Jay Leno
 
"New Rule: Republicans must stop saying Obama is an elitist and just admit you don't like him because of something he can't help, something that's a result of the way he was born. Admit it---you're not voting for him because he's smarter than you."
---Bill Maher

Defenders of Wildlife Ad Against Sarah Palin

  The ad that you are about to view is a very powerful ad against Alaska Governor Sarah Palin. It may contain some video that some viewers will not like.

 

  Do we really want this creature as a Vice President?

Thursday, September 11, 2008

Sarah Palin On ABC News

  After watching a short clip of this interview, I think that it is safe to say that Mrs. Palin does not have a clue about world affairs, or Bush policy. She does have one Republican habit down pat, and that is answering a question without providing a real answer. Watch her below.

 

John McCain Twisting Factcheck Facts

  Nothing new here for this Republican piece of gutter garbage. McCain still telling lies on Obama, only now he's using factcheck.org's facts in a very twisted manner.

           DKos     by Hunter  Thu Sep 11, 2008

There's probably going to come a point when Straight Talk McCain's seeming inability to tell the truth devolves into farce. Maybe we're already there.

FactCheck.org is objecting to a McCain ad that attacks Obama using FactCheck.org as a source. The problem is, FactCheck never said what McCain claims they said.

A McCain-Palin ad has FactCheck.org calling Obama's attacks on Palin "absolutely false" and "misleading." That's what we said, but it wasn't about Obama.

Our article criticized anonymous e-mail falsehoods and bogus claims about Palin posted around the Internet. We have no evidence that any of the claims we found to be false came from the Obama campaign.

The McCain-Palin ad also twists a quote from a Wall Street Journal columnist. He said the Obama camp had sent a team to Alaska to "dig into her record and background." The ad quotes the WSJ as saying the team was sent to "dig dirt."

One would think that if you're going to lie about someone, lying about a fact-checking organization -- that uses "FactCheck" as their own freakin' name -- is probably not the best of choices. But what do I know?

Wednesday, September 10, 2008

Obama Twists the Knife Into McCain.Palin

    Barack Obama at a town-hall meeting.

  Ohhhh yes! Slice, dice, and twist that knife! This is how it is done.

 

 

 

 

 

 

 

 

 

 

 

 

    

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Some of the  text.

A wounded veteran responds to Meghan McCain's Quote.( Updated )

by Broken Skull Tue Sep 09, 2008

  I respect everyone's military service, and I think that most of us feel the same way. We respect our brothers and sisters in arms, whether or not we agree with them. We all respect the service of the families left behind when a service member deploys. Although this is a different type of service, it is service none the less and should be respected. Even though I disagree with Sen. McCain's policies, I respect his service. He stood up and took the oath and went to combat, he spent 5 and a half miserable years as a prisoner of war. It is important as vets and supporter of vets to respect each other's service.

  Thats not the message we are getting today from the McCain family.

  This morning Meghan McCain sat down for an interview as a McCain surrogate on the today show. While making her way through an answer about her father she stated: "No one knows what war is like other than my family. Period."

  There are 4155 families that lost a loved one in Iraq, 584 that have lost a loved one in Afghanistan. There are tens of thousands of injured soldiers like myself, who not only deal with their injuries but have families that deal with the injuries too. Does Meghan McCain think that those 4,739 families that are grieving the loss of their loved ones don't know about war. Does she think that the tens of thousands of us wounded soldiers don't know about war. Yes, she does.

  This is not a simple mistake or a gaffe, this is a freudian slip and it gives us an insight into how Sen. McCain feels about the service of those of are not him. Sen. McCain has shown us by his voting record  that we don't matter.

  Sen. McCain was publicly against the bi-patisan Webb/Hagel GI Bill.  He tried to introduce his own watered down version because the Webb/Hagel bill was "too generous". If you did 3 tours in Iraq and want to get out and go to school...Sen. McCain thinks you don't matter.

  Sen. McCain voted against the bipartisan Webb/Hagel Dwell time amendment. This amendment would have required troops to be home for the same amount of time as they are deployed. If you are going on your third tour to Iraq just 90 days after you returned from your last one...Sen. McCain thinks you don't matter. Even if that means that your propensity for PTSD is now much higher.

Sen. McCain has voted against increasing veterans and military health care 29 times. These bills would have fully staffed the va and dod hospitals, money that could have been used to clean up Walter Reed before it became a national disgrace. If you have to wait in line for an increasing amount of time because they are an increasing amount of veterans and not enough staff...Sen. McCain doesn't care.

  These are just 3 examples of the myriad of times that Sen. McCain has used his vote to say "your service doesn't matter". Now we have Sen. McCain's daughter acting as an agent for the campaign saying your service doesn't matter.

  This isn't the first time we have heard claims like this from the Republican side of the house. When asked about Iraq on the Today Show, Laura Bush said "no one suffers more than their President and I do."

  Your service does matter, to me and thousands of veterans like me. There is one veteran that your service does not matter too, and he is running for President.

Crossposted at www.vetvoice.com

Tuesday, September 09, 2008

Obama Ad Calls McCain and Palin Liars

   This is a very good ad and as is usual, is a reality based truth.

   

But wait! There's more!

  Another ad which points out the many other wars which John McCain is fighting.

From Old Man McCain

    A McCain presidency should scare you.

Sarah Palin's Secret Emails

   David CornMotherJones

The Palin administration won't release hundreds of emails from her office, claiming they cover confidential policy matters. Then why do the subject lines refer to a political foe, a journalist, and non-policy topics?

In June, Andrée McLeod, a self-described independent government watchdog in Alaska, sent an open records act request to the office of Governor Sarah Palin. She requested copies of all the emails that had been sent and received by Ivy Frye and Frank Bailey, two top aides to Palin, from February through April of this year. McLeod, a 53-year-old registered Republican who has held various jobs in state government, suspected that Frye and Bailey had engaged in political activity during official business hours in that period by participating in a Palin-backed effort to oust the state chairman of the Alaska Republican party, Randy Ruedrich. (Bailey has been in the national news of late for refusing to cooperate with investigators probing whether Palin fired Alaska's public safety commission because he did not dismiss a state trooper who had gone through an ugly divorce with Palin's sister.)

In response to her request, McLeod received four large boxes of emails. This batch of documents did not contain any proof that Frye and Bailey had worked on government time to boot out Ruedrich. But there was other information she found troubling. Several of the emails suggested to her that Palin's office had used its influence to reward a Fairbanks surveyor who was a Palin fundraiser with a state job. In early August, McLeod filed a complaint with the state attorney general against Palin, Bailey, and other Palin aides, claiming they had violated ethics and hiring laws. Palin, now the Republican vice-presidential candidate, told the Alaska Daily News that "there were no favors done for anybody."

But more intriguing than any email correspondence contained in the four boxes was what was not released: about 1100 emails. Palin's office provided McLeod with a 78-page list (PDF) cataloging the emails it was withholding. Many of them had been written by Palin or sent to her. Palin's office claimed most of the undisclosed emails were exempt from release because they were covered by the "executive" or "deliberative process" privileges that protect communications between Palin and her aides about policy matters. But the subject lines of some of the withheld emails suggest they were not related to policy matters. Several refer to one of Palin's political foes, others to a well-known Alaskan journalist. Moreover, some of the withhold emails were CC'ed to Todd Palin, the governor's husband. Todd Palin—a.k.a. the First Dude—holds no official state position (though he has been a close and influential adviser for Governor Palin). The fact that Palin and her aides shared these emails with a citizen outside the government undercuts the claim that they must be protected under executive privilege. McLeod asks, "What is Sarah Palin hiding?"

The list of still-secret emails includes a series of messages that circulated on February 1, 2008, among Palin, Bailey, Frye, and Todd Palin "re Andrew Halcro." A former Republican, Halcro ran as an independent against Palin for governor in 2006, collecting only 9 percent of the vote. Since then he has been a blogger who often criticizes Palin. There is no telling what the emails said about Halcro. But in a July blog posting, Halcro asked, "why in the world is Todd Palin getting copied on emails [about me] that his wife's administration is classifying as confidential....These emails should be released to the public....after all Todd Palin has no standing to claim executive privilege. By including him in the email loop, the Palin administration has arguably breached any claim of executive privilege." And McLeod wonders, "What do emails about Andrew Halcro have to do with policy deliberations?"

The list of confidential emails includes a number of communications related to the Public Safety Employees Association, a union for the state's police officers and state troopers, and the headings refer to PSEA ads and a "PR campaign." Many of these PSEA-related emails were CC'ed to Todd Palin—and were also withheld under the deliberative process and executive privileges. (Recently, John Cyr, the PSEA executive director, told The Washington Post that Sarah Palin held a grudge against the state troopers and held down their salaries and other funding because her ex-brother-in-law-the-trooper had not been fired.) A separate email sent from Frye to Bailey and Todd Palin and headed "I may be in trouble here guys" was withheld because it involves a personnel matter. In April, a series of emails with the subject line "from Sheila Toomey" zipped between Sarah Palin, Bailey, Frye, other Palin aides, and Todd Palin. Toomey writes the "Alaska Ear" political gossip column for the Anchorage Daily News. These emails were also withheld under the deliberative process and executive privileges. And a string of emails titled "Racism on the Radio" that went back and forth between Governor Palin and her aides was blocked from release on the same grounds.

McLeod says she intends to file an appeal of the decision to withhold the emails on the 78-page list.

Palin has denounced McLeod's efforts. After McLeod filed the ethics complaint, Palin told the Anchorage Daily News, "This is the same Andrée McLeod that follows us around at public events and camps herself out in our waiting area and hounds us for a job, asking us if there's a way she can...not have to go through the system to get a job with this administration." Palin also called McLeod "the falafel lady," because McLeod once sold falafel. On his website, Halcro has posted excerpts of emails Palin sent McLeod between 2002 and 2005, in which she praised McLeod. In one of these messages, Palin wrote, "You're all about accountability." In another, Palin said, "Thanks for working to instill the public trust." Palin also wrote her, "I'm proud to know you." And in one email, Palin hailed McLeod: "Holy Moly you are powerful regarding getting the word out to the press about questionable activity."

"I've known Sarah for years, " says McLeod, who moved to Alaska from New York in 1978. "When the finger is pointed at somebody else, she's all for accountability. When it's pointing at her, it's different. Sarah Palin was elected on the basis of providing open and honest government. She has failed miserably."

The McCain-Palin campaign did not respond to phone and email requests for a comment.

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Monday, September 08, 2008

Stop Bush's Gutting Of The Endangered Species Act

  We cannot allow Bush and his conservative ass-wipes to trash our Endangered Species Act!

  DKos

Death By Definition: The Endangered Species Act Hotlist

by George Lakoff Mon Sep 08, 2008

Death by Definition: Save the Endangered Species Act! Now!

By George Lakoff and Chris Shutes

Introduction

The Endangered Species Act is our primary legal tool for environmental protection.

We have until September 15—about a week—to save the Endangered Species Act.

Not just some species, but the Act itself! Bush administration officials are proposing redefinitions of terms that would allow conservative appointees in federal agencies to virtually the destroy the Act.

Their goal is to allow proposed projects to proceed even if such projects would kill off endangered species or place them or their habitats in jeopardy.

If the changes are not effectively challenged by September 15, they will go into effect, and, Goodbye Species!

Act now: Go to the end of this article for instructions. We need the public to flood the agencies involved with comments opposing the redefinitions and rule changes.

When the Cat’s Away

While our attention has been turned elsewhere, the Endangered Species Act, our major environmental protection legislation, is being gutted—now.

Not by Congress. Not by the courts. Not even by Bush’s executive orders. It is being destroyed by redefinition, by a series of linguistic tricks.

Causation, within an ecological system, is almost always systemic in nature. That is, there are disparate contributing causes with disparate contributed effects in various places at different times.  Direct causation is rare. Direct causation occurs when there is a single act at a given time and place that results in a single effect at that time and place.
For example, a species of frog limited to a local wetland could be completely wiped out by a condo development with that wetland filled in. Direct causation.

But frogs around the country are dying out due to a complex combination of factors in different places at different times. Systemic causation.

Progressives and conservatives tend to think differently about causation. Conservatives, who think in terms of individual not social responsibility, tend to think in terms of direct causation—what an individual does. Progressives, who think in terms of social as well as individual responsibility, tend to think in terms of systemic causation. For example, if you ask what the causes of unemployment are, conservatives will tend to say people who aren’t willing to do hard work, or willing to get the skills they need. Progressives will talk first about social causes: lack of education, lack of opportunities to acquire needed skills, corporate greed or insensitivity, and so on.

The present Endangered Species Act is realistic about systemic causation: disparate causes that contribute to disparate future effects count as “causation.” But imagine what would happen if “causation” were redefined to mean only direct causation. Development projects now forbidden because they contribute significantly to future disparate loss of species and species habitat would now be allowed. Lots and lots of disparate projects at disparate places and times would be allowed. Their collective systemic effects could wipe out a great many habitats and species.

This is exactly what is being proposed by the Departments of the Interior and Commerce, as published in the Federal Register / Vol. 73, No. 159 / Friday, August 15, 2008 / Proposed Rules. They want to redefine causation so that only direct causation (they call it “an essential cause”) counts as causation that jeopardizes the existence of a species listed under the Endangered Species act, or jeopardizes that species’ critical habitat. The effect is that proposed development projects can contribute significantly to the destruction of habitat and the extinction of species, provided that they do not directly cause the elimination of a species, or directly reduce the population of a species or extent of its habitat—something that rarely happens. The result is that almost all proposed developments that were previously understood as “causes” of habitat destruction or species extinction will no longer be seen as “causes” at all and will be permitted. The reason will be that “cause” itself will have been redefined.

Consultation

Up until now, the Endangered Species Act was governed by certain rules. The rules involved the following:
• A federal “action agency” (for example, FERC—the Federal Energy Regulatory Commission) which proposed a project.. An example of such a project might be the granting a license to operate a hydroelectric power plant.
• A “service”— either the Fish and Wildlife Service for inland species or the National Marine Fisheries Service for marine species—whose job is the protection of plants, fish and wildlife and the gathering of information relevant to that protection.
• A “consultation”—a well-defined process in which an agency consults a service about a proposed project if it “may affect” species listed under the Act as threatened or endangered, in order to gather relevant information for the protection of those species.
• A Biological Assessment—a document written by the federal agency or its designated representative (perhaps, the hydroelectric project’s owner) and presented to the relevant service . This document analyzes what the consequences of the proposed project might be for any threatened or endangered species the project might affect.
• A Biological Opinion written by the relevant Service which states whether there is jeopardy to listed species or their critical habitat. If there is jeopardy, the Biological Opinion sets forth measures that must be taken to mitigate project effects, or, if the effects cannot be mitigated, stops the project..

Under the proposed rule change, the federal action agency could use, in place of a Biological Assessment, a document that it assembled for other purposes, as long as the information about effects on listed species was contained in it. While this might make it easier for the action agency, it makes is more difficult and time-consuming for the Service, which then has to distill and reassemble on its own the information relevant to listed species.

Under the new rules, many such consultations would no longer even be required. The agency itself would be allowed to make that determination. In the past, the consultation determined whether or not there was jeopardy or damage to critical habitat. Under the new rules, the party proposing the project would determine whether it even needs to consult based on whether it itself, and not the Service, thinks there may be jeopardy or damage to critical habitat. In the past, a federal agency that proposed a project had to defend the notion that its project would do no harm to listed species. If the rules are changed, it will merely have to assert that it will do no harm.

The Endangered Species Act also permits “informal consultation,” in which an agency informally consults with a service to see if a proposed action is reasonably certain to affect listed species. At the end of the informal consultation, which has no defined timeline, the agency is either required to enter into formal consultation, and prepare a Biological Assessment, or it is absolved by the Service from doing so. Under the new rules, this process would be limited to sixty days, an almost impossible timeline for the Services, which for years have been underfunded and understaffed. The new rules also state that if this timeline is missed, formal consultation cannot be required.

The Bush appointees who control the Services today say that it is appropriate for other federal agencies to take on some of the role that was up till now reserved to the Services. These appointees say that after 35 years of experience, the other federal agencies know a problem when they see it. The reality is that, even if the Services are in the future headed up by more progressive leadership, conservative directors of other federal agencies will still have the opportunity to evade consultation, killing off or jeopardizing endangered species.

Death by Definition

There it is. We have until September 15 to act.

The proposed new rules state that it if an agency allows the death of a plant or animal that is part of a listed species (or, in the language of the ESA, “take”), or the reduction of critical habitat, that it can be punished. This supports the conservative viewpoint that the way one avoids bad things is by a system of rewards and punishments. But the idea of the ESA is not to punish people after there is harm or reduction of habitat; the goal is to manage so that those things don’t happen in the first place. If a species goes extinct, punishing the agency won’t bring it back.

In addition, this conservative viewpoint presupposes that the burden of proof will be upon the Service to show that there has been take; in other words, we are back to having to show direct causation. If there is a combination of issues that may have contributed to the death of steelhead from the example described above, it would be necessary to show that a specific action resulted in the death of a specific fish. As it stands now, the combination of low flows, high water temperatures, lack of shallow rearing habitat for young fish in non-summer months, lack of high flows to help fish get from the river to the ocean, ocean conditions, and so on, all contribute to poor numbers of steelhead returning to the river to spawn. It is difficult, though not impossible, to show that low flows in the river in the summer caused take. However, looking at the matter proactively, from the point of view of the present options available to NMFS, the Service can require higher flows in the river to eliminate at least that part of the problem. It might not be definitive, or in the terms of the present proposed rule, “essential,” but it can substantially improve the chance of increased survival for the fish that are present in the river.

Polar Bears

These changes proposed as parting shots by the Bush appointees at the head of the Fish and Wildlife Service and the National Marine Fisheries Service are not about clarity, or eliminating unnecessary consultations, or the experience gained in thirty-five years of the Endangered Species Act. They are part of a concerted effort by conservatives to change the fundamental way that science is viewed and used in our society.

The language in the proposed rule change was reverse-engineered to address a huge looming issue: polar bears are clearly threatened by the systemic cause of ecological damage par excellence, global warming. But the evidence and the consequences of the systemic causation of environmental degradation are everywhere. Even if the conservatives succeed in truncating what scientists do and are allowed to say, and in limiting the Endangered Species Act by a linguistic trick, systemic causation, in the world of environmental science, will always be the ultimate inconvenient truth.

Act Now!

Here are some Talking Points:

• You are against the proposed rule changes because they weaken the Endangered Species Act nearly to the point of nonexistence.
• Environmental systems mostly work by systemic causation, with many indirect causes, not by “essential causation.” The change to “essential causation” opens the door to an indefinitely large number of projects that can jointly put endangered species in jeopardy.
• The change in “consultation” rules will de facto eliminate the gathering of information relevant to protecting species.

Here’s how you get your comments read:

Go to www.regulations.gov and use the search terms: “50 CFR Part 402 proposed rule”. 

The proposed changes are in Document # EB – 18938

To see the proposed changes, click on “View this document”

Click on “Send a comment or submission” to write your comment.

Note that plain e-mails will not be considered. This is another way public input is being limited.

Write your comments before September 15, 2008. 

George Lakoff is Richard and Rhoda Goldman Professor of Cognitive Science and Linguistics at the University of California at Berkeley and author of The Political Mind: Why You Can’t Understand 21st Century Politics With an18th Century Brain.

Chris Shutes works for the California Sportfishing Protection Alliance

Who's Running Alaska Now

     From a letter to the Frontiersman, the local Wasilla, Alaska newspaper.

Who’s running the state now?

Published on Saturday, September 6, 2008 7:36 PM AKDT

The lieutenant governor is running for Congress. The governor is running for VP. So who is running Alaska?
Neither have much experience and they haven’t stayed around to learn from the term they were elected to.
Both were elected by the people to do those jobs and they have already broken their word and jumped ship, abandoning our state it seems for their personal political and financial gain.

Integrity, I think NOT. Not (from) politicians, that’s for sure. Talk about losing the public trust, these two have excelled at that.
Amazing and frightening.
Linda Anderson
Wasilla  

     Must be good ole Mr. Palin running things since the wife is sort of out to lunch!

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John McCain is Not an Idiot

DKos

by The Baculum King Mon Sep 08, 2008 at 04:34:18 PM PDT

Contrary to the assertions of some here, John McCain is not actually an idiot.

George W. Bush is an idiot, with impeccable credentials. From loaning his cronies a nuclear attack sub for a joyride to financing the most expensive war in American history by cutting rich people's taxes, George W. Bush has staked his claim as a contender for one of the biggest idiots to ever attain power, anywhere, any time. In competition with Caligula.

By only agreeing with Bush a little over 90% of the time, John McCain has not crossed the thresh-hold to qualify as an idiot. That takes 93%.

           He's just a dumbass.