Archive for the ‘Taxes’ Category
Day before yesterday, actually Friday, July 22, 2011, I started out listening to Democracy Now. Halfway through the program I listened to an interview with economist Michael Hudson, Pushing Crisis: GOP Cries Wolf on Debt Ceiling in Order to Impose Radical Pro-Rich Agenda.
What caught my attention was this comment by Amy Goodman:
“Meanwhile, more details have emerged about the massive government bailout of the banking industry. On Thursday, the Government Accountability Office issued an audit of the Federal Reserve’s emergency lending programs. It revealed the Fed provided more than $16 trillion in secret loans to bail out American and foreign banks and businesses.”
This is money the Federal Reserve simply printed then used. If you ever wondered why the dollar doesn’t buy as much as it used to, well – there’s your answer. The more they print the less valuable the dollar becomes. Remember, this is printed money on top of all the other bailout money and wars.
Read the complete interview. He details exactly what is going on with the current “crisis,” the so-called debt war between President Obama and the Republicans – what Obama is REALLY doing and what America and the World can expect. Here’s a taste:
“What’s happening across the world is an attempt by the financial sector to really make its move and say this is their opportunity for a power grab. And they’re creating this artificial crisis as an opportunity to carve up the public domain and to give themselves enough money. They’re taking the money and running, because they know that unemployment is going up. The game is over. They know that. And the only question is, how much can they take, how fast?”
Later that morning is picked up the Times-Standard newspaper and read, this masterful piece of invective written by eight brilliant and undaunted people: “Progress or protest? We need to work together to move forward.” Their solution for “working together” will take your breath away. The implementation of the flimflam betrayal Michael Hudson explains is demonstrated locally by these eight individual and their class warfare. Classic sheep in wolves clothing.
To conclude, that afternoon I listened to Barack Obama as he spoke to the White House Press Core as he tried to explain why the talks on the debt crisis broke down. Of course, he accepted NO responsibility for what happened. Later, I listened to Speaker of the House John Boehner explain his conduct. He, however, said something rather interesting. He said Obama would say one thing to the public, but when he was in direct talks did something altogether different, putting Boehner in a difficult position. Since under those conditions he couldn’t negotiate in good-faith he had to accept the reality and act accordingly. Based upon my own life’s experience, I’d say John Boehner is the one most likely speaking the truth.
Amazingly, what Michael Hudson talked about earlier that morning was playing out right before my eyes. There’s a crisis alright, but not the one they want everybody to believe we’re facing.
If Michael Hudson has it right, and I’m inclined to believe he does, then this flimflam is about the Rich Elite’s finalizing their looting. They’re really only just fighting over the scraps.
[UPDATE Below] [UPDATE I :: We Can’t Afford War] [UPDATE II]
War on the Little People
When you’ve lost you job because of the Banks, Wall Street, Obama economy fix and you can’t collect any unemployment benefits and end up homeless and hungry look to your friends, relatives and neighbors that are Republican.
Senate Republicans have blocked another effort to extend unemployment benefits to millions of jobless workers. Emergency jobless benefits, which provide up to ninety-nine weeks of income support, expired June 2. More than 1.2 million people have already had their checks cut off, but that total is expected soon to rise to two million people.
This is from FireDogLake:
These Republicans can spend trillions of borrowed dollars on made-up wars, but can’t do anything for the Americans forced to pay for their crass beliefs and looting. [Source]
[UPDATE :: Friday, June 25, 2010]
War on the little people started when? In the process of finding this picture I came across this blog article on Big Dan’s Big Blog posted March 2, 2010, that I think is still appropriate today.
[UPDATE II :: Tuesday, July 20, 2010]
FINALLY! Senate Democrats set to leap hurdle on extending jobless benefits
Democrats are expected to overcome Republican opposition to the package of new aid for unemployed Americans.
The following is a segment I watched on Democracy Now this morning. As a home and property owner in Eureka, this situation shook me out of some of my complacency regarding our local county and city representatives activities. The people in the city of Birmingham in Jefferson County Alabama were sued by the EPA for a faulty sewer system and were forced to build a new one at a cost of $250 million. In the end, after the looting, the local taxpayers were left owing 5 billion; that BILLION with a “B.”
And we think the government works for us? What most fail to realize is that these exceptional elitist, Democrats, Republicans, Independents – you name them – with their phony wars, unrestrained banking, Wall Street gluttony and successive bailouts to name only some of the corruption along with successive governments betrayals and complicit behavior and deregulating laws, have destroy this country.
“Looting Main Street”–Matt Taibbi on How the Nation’s Biggest Banks Are Ripping Off American Cities with Predatory Deals
In a new article in Rolling Stone magazine, journalist Matt Taibbi takes an in-depth look at the experience of one small Alabama town and its disastrous dealings with Wall Street. Taibbi writes, “The destruction of Jefferson County reveals the basic battle plan of these modern barbarians, the way that banks like JP Morgan and Goldman Sachs have systematically set out to pillage towns and cities from Pittsburgh to Athens.”
The following Editorial, however well intentioned, is really an condemnatory indictment of the Eureka Police Department. The fact that the EPD had to institute the Problem Oriented Policing program speaks for itself. It’s purpose, apparently defined below, was to get the people calling on the police to respond. Apparently the general public “did NOT have a sense of buy-in.” They’d call in and get the run-around. My personal experience was, not only did I get the run-around, their failure to do their job made the matter worse. That would make me a prime candidate for some new empowering police program, right?
“This is effective policing”? If we didn’t have “effective policing” BEFORE, why do we need a new “empowering program” now when all the police need to do is the job they are paid to do?
So, what’s the real message this program is sending? Unless the police get the powers they want, we the people, the one’s that they are here to supposedly protect and serve, divest us of everything, including our tax dollars, until they get their way. You can read how this all works here.
While the POP program in and of itself may be a useful tool and even an asset to the community, it’s very existance, as justified in the following Editorial, definitely “sends” the wrong message.
This is the Sunday, January 17, 2010 Times-Standard Editorial copied here verbatim:
Empowering the people
Posted: 01/17/2010 01:30:15 AM PST
Law enforcement in this and any community works best when residents have a sense of buy-in. If Eurekans feel like their concerns and observations are noted by police, and that action is taken when crimes are committed and reported, then they are much more likely to take umbrage at crimes committed on their doorstep, and report them.
In two recent cases at least, the Eureka Police Department’s Problem Oriented Policing program has yielded investigations and arrests. These were allegedly problem properties that had attracted the attention of neighbors, and their efforts to see these problems addressed led to concrete action on the part of law enforcement officials.
This success only serves to reinforce the program — as more and more residents realize that their calls actually result in action and enforcement, you can bet more and more calls will be made. This is effective policing. [Emphasis mine.]
Neither of the two recent busts led to major arrests. But that is not the point. The program is working quickly to give Eureka residents confidence that its police department is working to address the problems that affect their lives.
At the same time, it’s sending signals to criminals within city limits that their actions will have consequences. Their activity will not be tolerated, and their neighbors, for so long simply passive witnesses to crime that went on all around them, are suddenly empowered. When people are invested, and feel like they can make a difference by policing their own communities, that’s when positive change can really occur.
A good explanation of Problem Oriented Policing — POP — is here.