...There are three kinds of people -- I call them Larrys, Curlys, and Moes. The Larrys don't even know that there are three types; if they're told, it's an abstraction, because they cannot imagine anything beyond Larry-ness. The Curlys know about it, and recognize the pecking order, but find ways of living with it cheerfully...for they are the imaginative, creative ones. The Moes not only know about it, but exploit and perpetuate it.
The naive, pleasant believers of all kinds are Larrys -- ineffectual, well-meaning do-gooders destined always to be victims, often without once guessing their status. Like sheep, they don't want to hear the unpleasant legends about "the slaughterhouse"; they trust the strange two-legged beings who feed them. The artists, unsung scientific geniuses, political writers, and earnest disciples of the stranger cults are Curlys -- engaging, original, accident-prone but full of life, intuitively aware of the Moe forces plotting against them and trying to fight back. They can never defeat the Moes, however, without BECOMING Moes, which is impossible for a true Curly.
The Moes, then, are the fanatics, the ranters, the cult gurus, the Uri Gellers AND the Debunkers; they are the Resistance Leaders and the Ruling Class Bankers. They hate each other, but only because they want to control ALL the Larrys and Curlys themselves....Larrys and Curlys die in wars started by rival Moes -- the Larrys willingly, the Curlys with great regret.
...There are three broad aspects to the U.S. debt crisis. First, in the current fiscal year (2008) we are spending insane amounts of money on "defense" projects that bear no relation to the national security of the U.S. We are also keeping the income tax burdens on the richest segment of the population at strikingly low levels.
Second, we continue to believe that we can compensate for the accelerating erosion of our base and our loss of jobs to foreign countries through massive military expenditures -- "military Keynesianism" (which I discuss in detail in my book Nemesis: The Last Days of the American Republic). By that, I mean the mistaken belief that public policies focused on frequent wars, huge expenditures on weapons and munitions, and large standing armies can indefinitely sustain a wealthy capitalist economy. The opposite is actually true.
Third, in our devotion to militarism (despite our limited resources), we are failing to invest in our social infrastructure and other requirements for the long-term health of the U.S. These are what economists call opportunity costs, things not done because we spent our money on something else. Our public education system has deteriorated alarmingly. We have failed to provide health care to all our citizens and neglected our responsibilities as the world's number one polluter. Most important, we have lost our competitiveness as a manufacturer for civilian needs, an infinitely more efficient use of scarce resources than arms manufacturing...
For the last month, news media attention was focused on Pennsylvania and its Democratic primary. Given the gargantuan effort, what did we learn?
Well, the rancor of the campaign was covered. The amount of money spent was covered. But in Pennsylvania, as in the rest of the country this political season, the information about the candidates’ priorities, policies and principles — information that voters will need to choose the next president — too often did not make the cut. After having spent more than a year on the campaign trail with my husband, John Edwards, I’m not surprised.
Why? Here’s my guess: The vigorous press that was deemed an essential part of democracy at our country’s inception is now consigned to smaller venues, to the Internet and, in the mainstream media, to occasional articles...
...every analysis that is shortened, every corner that is cut, moves us further away from the truth until what is left is the Cliffs Notes of the news, or what I call strobe-light journalism, in which the outlines are accurate enough but we cannot really see the whole picture.
...Did you, for example, ever know a single fact about Joe Biden’s health care plan? Anything at all? But let me guess, you know Barack Obama’s bowling score. We are choosing a president, the next leader of the free world. We are not buying soap, and we are not choosing a court clerk with primarily administrative duties.
What’s more, the news media cut candidates like Joe Biden out of the process even before they got started. Just to be clear: I’m not talking about my husband. I’m referring to other worthy Democratic contenders. Few people even had the chance to find out about Joe Biden’s health care plan before he was literally forced from the race by the news blackout that depressed his poll numbers, which in turn depressed his fund-raising.
And it’s not as if people didn’t want this information. In focus groups that I attended or followed after debates, Joe Biden would regularly be the object of praise and interest: “I want to know more about Senator Biden,” participants would say.
But it was not to be. Indeed, the Biden campaign was covered more for its missteps than anything else. Chris Dodd, also a serious candidate with a distinguished record, received much the same treatment. I suspect that there was more coverage of the burglary at his campaign office in Hartford than of any other single event during his run other than his entering and leaving the campaign.
Who is responsible for the veil of silence over Senator Biden? Or Senator Dodd? Or Gov. Tom Vilsack? Or Senator Sam Brownback on the Republican side?
The decision was probably made by the same people who decided that Fred Thompson was a serious candidate. Articles purporting to be news spent thousands upon thousands of words contemplating whether he would enter the race, to the point that before he even entered, he was running second in the national polls for the Republican nomination. Second place! And he had not done or said anything that would allow anyone to conclude he was a serious candidate. A major weekly news magazine put Mr. Thompson on its cover, asking — honestly! — whether the absence of a serious campaign and commitment to raising money or getting his policies out was itself a strategy.
...Watching the campaign unfold, I saw how the press gravitated toward a narrative template for the campaign, searching out characters as if for a novel: on one side, a self-described 9/11 hero with a colorful personal life, a former senator who had played a president in the movies, a genuine war hero with a stunning wife and an intriguing temperament, and a handsome governor with a beautiful family and a high school sweetheart as his bride. And on the other side, a senator who had been first lady, a young African-American senator with an Ivy League diploma, a Hispanic governor with a self-deprecating sense of humor and even a former senator from the South standing loyally beside his ill wife. Issues that could make a difference in the lives of Americans didn’t fit into the narrative template and, therefore, took a back seat to these superficialities.
News is different from other programming on television or other content in print. It is essential to an informed electorate. And an informed electorate is essential to freedom itself. But as long as corporations to which news gathering is not the primary source of income or expertise get to decide what information about the candidates “sells,” we are not functioning as well as we could if we had the engaged, skeptical press we deserve.
And the future of news is not bright. Indeed, we’ve heard that CBS may cut its news division, and media consolidation is leading to one-size-fits-all journalism. The state of political campaigning is no better: without a press to push them, candidates whose proposals are not workable avoid the tough questions. All of this leaves voters uncertain about what approach makes the most sense for them. Worse still, it gives us permission to ignore issues and concentrate on things that don’t matter. (Look, the press doesn’t even think there is a difference!)
...If voters want a vibrant, vigorous press, apparently we will have to demand it. Not by screaming out our windows as in the movie “Network” but by talking calmly, repeatedly, constantly in the ears of those in whom we have entrusted this enormous responsibility. Do your job, so we can — as voters — do ours.
...With food prices soaring throughout Asia, Africa and Latin America, and shortages threatening hunger and political chaos, the time could not be worse for an epidemic of stem rust in the world’s wheat crops. Yet millions of wheat farmers, small and large, face this spreading and deadly crop infection.
The looming catastrophe can be avoided if the world’s wheat scientists pull together to develop a new generation of stem-rust-resistant varieties of wheat. But scientists must quickly turn their attention to replacing almost all of the commercial wheat grown in the world today. This will require a commitment from many nations, especially the United States, which has lately neglected its role as a leader in agricultural science.
Stem rust, the most feared of all wheat diseases, can turn a healthy crop of wheat into a tangled mass of stems that produce little or no grain. The fungus spores travel in the wind, causing the infection to spread quickly. It has caused major famines since the beginning of history. In North America, huge grain losses occurred in 1903 and 1905 and from 1950 to ’54...
...Problem: One of your men, a 30-year veteran of the Indian Wars, informs you that the largest encampment of Indians he has ever seen, comprising countless Sioux, Cheyenne and a few Arapaho lodges, stretches for several miles along the river bank and would contain an estimated 1,200 armed warriors. You have fewer than 300 men. You should:
A. Laugh in his face.
B. Get into the center of a large city.
C. Charge into the middle of the camp and speak to those savages in no uncertain terms.
D. Wish that cell phones had been invented.
E. Give them presents. They are like children and love anything shiny. Should you have a copy of “The Golden Treasury of Poetry,” Sitting Bull is fond of Emily Dickinson.
F. Attack them boldly, kissing your men, your arse and your scalp goodbye.
...the Pentagon has long poured U.S. tax dollars into private coffers to arm and outfit the military and enable it to function. At the time of Eisenhower's farewell address, New York Times reporter Jack Raymond noted that the Pentagon was spending "$23,000,000,000 a year for services and procurement of guns, missiles, airplanes, electronic devices, vehicles, tanks, ammunition, clothing and other military goods." Today, that would equal around $200 billion. In 2007, the Department of Defense's stated budget was $439 billion. Counting the costs of its wars in Iraq and Afghanistan, the number jumps to over $600 billion. Factoring in all the many related activities carried out by other agencies, actual U.S. national security spending is nearly $1 trillion per year.
Back in Eisenhower's day, arms dealers and mega-corporations, such as Lockheed and General Motors, held sway over the corporate side of the military-industrial complex. Companies like these still play an extremely powerful role today, but they are dwarfed by the sheer number of contractors that stretch from coast to coast and across the globe. Looking at the situation in 1970, almost 10 years after Eisenhower's farewell speech, Sidney Lens, a journalist and expert on U.S. militarism, noted that there were 22,000 prime contractors doing business with the U.S. Department of Defense. Today, the number of prime contractors tops 47,000 with subcontractors reaching well over the 100,000 mark, making for one massive conglomerate touching nearly every sector of society, from top computer manufacturer Dell (the 50th-largest DoD contractor in 2006) to oil giant ExxonMobil (the 30th) to package-shipping titan FedEx (the 26th).
In fact, the Pentagon payroll is a veritable who's who of the top companies in the world: IBM; Time-Warner; Ford and General Motors; Microsoft; NBC and its parent company, General Electric; Hilton and Marriott; Columbia TriStar Films and its parent company, Sony; Pfizer; Sara Lee; Procter & Gamble; M&M Mars and Hershey; Nestlé; ESPN and its parent company, Walt Disney; Bank of America; and Johnson & Johnson among many other big-name firms. But the difference between now and then isn't only in scale. As this list suggests, Pentagon spending is reaching into previously neglected areas of American life: entertainment, popular consumer brands, sports. This penetration translates into a remarkable variety of forms of interaction with the public.
...Today, just about every supermarket staple -- from Ballpark Franks (Sara Lee) and Eggo waffles (Kelloggs) to Jell-O (Kraft) and Coffee Mate (Nestle) -- has ties to the Pentagon. The same holds for many household appliances...
...During Ike's time, when civilian firms like Ford and AT&T were the big military suppliers, the payroll showed an utter lack of cool companies. Now, the Pentagon is reaching into virgin territory in new ways with new partners. Today, hip firms like Apple, Google, and Starbucks are also on DoD contractors' lists. And while Ike's complex was typified by brass bands and patriotic parades, today's variant is a flashy digitized world of video games, extreme sports, and everything cool that appeals to potential young recruits.
...At one point in his farewell speech, Eisenhower presaged this point, suggesting, "The total influence -- economic, political, even spiritual -- [of the conjunction of the military establishment and the large arms industry] is felt in every city, every State house, every office of the Federal government." But only Hollywood has yet managed to capture the essence of today's omnipresent, all-encompassing, cleverly hidden system of systems that invades all our lives; this new military-industrial-technological-entertainment-academic-scientific- media-intelligence-homeland security-surveillance-national security-corporate complex that has truly taken hold of America.

...It is preposterous to view the Middle Ages with such nostalgia. The “spiritual powers” that led to such great events as the Inquisition and other mass killings of Jews and the Crusades were most certainly influenced by the false interpretation of celestial configurations and misuse of religious and secular power.
To yearn for such a “faith”-based Arthurian time is naïve. Is this the fantasy world to which conservatives would like to return? Before we wax poetic about the Black Death, we should realize that medieval Europe was a miserable, intolerant place where human life was cheap.
I can certainly think of many other civilizations to wax poetic about, but medieval Europe with its astrological-religious culture is not one of them. The faith-based life of that time serves as a demonstration of how faith can be twisted by those in power or, as we see in the present, those trying to win elections.
Jerry Becker
Albuquerque, April 22, 2008
...We have been “populated with creatures, symbols and tales” for the past seven years. They’ve occupied the White House...
Robert H. Feuerstein
Upper Saddle River, N.J., April 22, 2008
...First, crusading could not have worked any better in our world than it did in the past. The failure of medieval crusades was well known in 2001, for few historical subjects have been so well studied.
Second, just when Europe was full of unfettered violent bullies, some resourceful people invented government to serve the public interest, together with the taxes required to support it. They rightly thought government to be a “good thing...”
Thomas N. Bisson
Cambridge, Mass., April 22, 2008
...The current state of affairs in the Middle East is way too medieval for me.
Jean-ellen McSharry
Stony Creek, Conn., April 22, 2008
...the modern Western world is no less enchanted than the medieval one — it may be more so. Fantasy and science fiction are among the most pervasive forms of contemporary culture. Many people live virtual lives on the Internet.
Rather than fostering a deficit of the imagination, modernity permits people to inhabit multiple worlds of the imagination and to create provisional narratives that impart meaning to daily existence.
This free, rational and ironic use of the imagination — a disenchanted form of enchantment — provides the possibility for greater diversity, tolerance and change than ever existed in the medieval period.
Michael Saler
Davis, Calif., April 22, 2008
...David Brooks is nostalgic for a bygone age when people had a different mentality than today.
In those days, with “childlike emotional intensity” we may have imagined the heavens as “a magical place,” “a ceiling of moving spheres, rippling with signs and symbols.” If only nature could inspire as rich a human imagination in us as it did in them.
That happens continually to us modern scientists. Doing science, whose essence is to understand nature, inspires awe. As a geologist, I plant one foot (metaphorically) in the present day and the other foot in Deep Time.
Yonder sandstone cliff was once the bed of a great flowing river. Imagine that! I wasn’t there then, but the evidence says it literally was so.
Real science is more bizarre, more full of possibilities than medieval people could have imagined. We scientists are just as passionate, romantic and as awe-filled as they were.
Leon E. Long
Austin, Tex., April 23, 2008
...From the beginning, I wondered what Mr. Obama’s soaring rhetoric, his talk of a new politics and declarations that “we are the ones we’ve been waiting for” (waiting for to do what, exactly?) would mean to families troubled by lagging wages, insecure jobs and fear of losing health coverage. The answer, from Ohio and Pennsylvania, seems pretty clear: not much. Mrs. Clinton has been able to stay in the race, against heavy odds, largely because her no-nonsense style, her obvious interest in the wonkish details of policy, resonate with many voters in a way that Mr. Obama’s eloquence does not.
Yes, I know that there are lots of policy proposals on the Obama campaign’s Web site. But addressing the real concerns of working Americans isn’t the campaign’s central theme...
...The question Democrats, both inside and outside the Obama campaign, should be asking themselves is this: now that the magic has dissipated, what is the campaign about? More generally, what are the Democrats for in this election?
That should be an easy question to answer. Democrats can justly portray themselves as the party of economic security, the party that created Social Security and Medicare and defended those programs against Republican attacks — and the party that can bring assured health coverage to all Americans.
They can also portray themselves as the party of prosperity: the contrast between the Clinton economy and the Bush economy is the best free advertisement that Democrats have had since Herbert Hoover.
But the message that Democrats are ready to continue and build on a grand tradition doesn’t mesh well with claims to be bringing a “new politics” and rhetoric that places blame for our current state equally on both parties.
And unless Democrats can get past this self-inflicted state of confusion, there’s a very good chance that they’ll snatch defeat from the jaws of victory this fall.
By Dan Morain, Los Angeles Times Staff Writer
10:45 PM PDT, April 23, 2008
Sen. Barack Obama continued accepting donations from oil company executives and employees last month even as he aired ads in which he stated he took no oil company money, his campaign finance reports show.
Obama has taken at least $263,000 from oil company executives, family members and employees since entering the presidential race last year, including $46,000 last month. At least $140,000 has come in chunks of between $1,000 and $2,300, the maximum permitted under federal law.
Texas oil executive Robert L. Cavnar of Milagro Exploration and his wife, Gracie, have helped the Illinois Democrat raise at least another $50,000 by helping host a fundraiser earlier in the campaign.
Other oil industry donors have included Sinclair Oil President Ross Matthews of Texas and John B. Hess, chairman of Hess Corp., a New York-based oil producer and retailer with operations worldwide. Hess, who has given to other presidential candidates, including Sen. John McCain, gave $2,300 to Obama last year, as did his wife, Susan. Hess gave $14,000 to Obama's Senate run in 2003. The oil executives did not return phone calls.
In the weeks leading up to the Pennsylvania primary, Obama aired a campaign spot in Indiana and Pennsylvania that sought to reinforce his theme that he would change the Washington culture, while also tapping into voter distress about the high price of gasoline. In the ad, he called for a windfall profits "penalty."
"Since the gas lines of the '70s, Democrats and Republicans have talked about energy independence but nothing's changed -- except now Exxon's making $40 billion a year and we're paying $3.50 for gas. I'm Barack Obama. I don't take money from oil companies or Washington lobbyists, and I won't let them block change anymore," says the spot, which aired as recently as April 8.
Obama's ad is factually correct. He does not take money from oil companies. A 1907 federal law bars all corporations from giving money to political candidates. However, oil company employees can make donations.





...the global surge in commodity prices is reviving a question we haven’t heard much since the 1970s: Will limited supplies of natural resources pose an obstacle to future world economic growth?
How you answer this question depends largely on what you believe is driving the rise in resource prices. Broadly speaking, there are three competing views.
The first is that it’s mainly speculation — that investors, looking for high returns at a time of low interest rates, have piled into commodity futures, driving up prices. On this view, someday soon the bubble will burst and high resource prices will go the way of Pets.com.
The second view is that soaring resource prices do, in fact, have a basis in fundamentals — especially rapidly growing demand from newly meat-eating, car-driving Chinese — but that given time we’ll drill more wells, plant more acres, and increased supply will push prices right back down again.
The third view is that the era of cheap resources is over for good — that we’re running out of oil, running out of land to expand food production and generally running out of planet to exploit.
I find myself somewhere between the second and third views.
There are some very smart people — not least, George Soros — who believe that we’re in a commodities bubble (although Mr. Soros says that the bubble is still in its “growth phase”). My problem with this view, however, is this: Where are the inventories?
Normally, speculation drives up commodity prices by promoting hoarding. Yet there’s no sign of resource hoarding in the data: inventories of food and metals are at or near historic lows, while oil inventories are only normal.
The best argument for the second view, that the resource crunch is real but temporary, is the strong resemblance between what we’re seeing now and the resource crisis of the 1970s.
What Americans mostly remember about the 1970s are soaring oil prices and lines at gas stations. But there was also a severe global food crisis, which caused a lot of pain at the supermarket checkout line — I remember 1974 as the year of Hamburger Helper — and, much more important, helped cause devastating famines in poorer countries.
In retrospect, the commodity boom of 1972-75 was probably the result of rapid world economic growth that outpaced supplies, combined with the effects of bad weather and Middle Eastern conflict. Eventually, the bad luck came to an end, new land was placed under cultivation, new sources of oil were found in the Gulf of Mexico and the North Sea, and resources got cheap again.
But this time may be different: concerns about what happens when an ever-growing world economy pushes up against the limits of a finite planet ring truer now than they did in the 1970s.
For one thing, I don’t expect growth in China to slow sharply anytime soon. That’s a big contrast with what happened in the 1970s, when growth in Japan and Europe, the emerging economies of the time, downshifted — and thereby took a lot of pressure off the world’s resources.
Meanwhile, resources are getting harder to find. Big oil discoveries, in particular, have become few and far between, and in the last few years oil production from new sources has been barely enough to offset declining production from established sources.
And the bad weather hitting agricultural production this time is starting to look more fundamental and permanent than El Niño and La Niña, which disrupted crops 35 years ago. Australia, in particular, is now in the 10th year of a drought that looks more and more like a long-term manifestation of climate change.
Suppose that we really are running up against global limits. What does it mean?
Even if it turns out that we’re really at or near peak world oil production, that doesn’t mean that one day we’ll say, “Oh my God! We just ran out of oil!” and watch civilization collapse into “Mad Max” anarchy.
But rich countries will face steady pressure on their economies from rising resource prices, making it harder to raise their standard of living. And some poor countries will find themselves living dangerously close to the edge — or over it.
Don’t look now, but the good times may have just stopped rolling.
... Mr. Phillips begins with an overview of the current debt debacle. The 1980s were the start of “three profligate decades,” when the expansion of mortgage credit and the invention of financial instruments like collateralized debt obligations (C.D.O.’s) led to an orgy of leveraging and irresponsible speculation. The Federal Reserve kept the bubble afloat with easy money, while regulators and ratings agencies looked the other way.
By 2007 total indebtedness was three times the size of the gross domestic product, a ratio that surpassed the record set in the years of the Great Depression. From 2001 to 2007 alone, domestic financial debt grew to $14.5 trillion from $8.5 trillion, and home mortgage debt ballooned to almost $10 trillion from $4.9 trillion, an increase of 102 percent. A crisis in the mortgage market in August 2007 brought the party to an end. Since then we have been living in a twilight zone of what a security analyst quoted in the book calls “one of the slowest-moving train wrecks we’ve seen.”
The second component of the perfect storm is the upheaval in the oil industry. Domestic production peaked in 1971, and there are signs that production worldwide is also peaking. (Mr. Phillips cites experts who believe it already has.) And with the emergence of new economic powers like China and India, demand has risen dramatically and prices have been climbing steadily; by 2004 a rapidly growing China had become the second largest oil consumer, after the United States. Despite the bad news at the gas pump, however, America has actually been getting a cost break, because the major suppliers price their oil in dollars. But with the dollar falling, OPEC has been talking about moving into other currencies. Were that to happen, “the effects,” Mr. Phillips says tersely, “could be painful.”
Finally, Mr. Phillips turns to what he terms America’s “calcified” political system. We may need new regulations to deal with the debt mess, along with an energy policy to address the changing world of oil, but Washington, he says, has become dedicated to “the politics of evasion,” reluctant to pass dramatic reforms or to call for sacrifice from the public. Democrats and Republicans alike are so entrenched, so dependent on campaign money and special interests, that “the notion of a breath of fresh air has become almost a contradiction in terms.” Instead of a “vital center” in Washington, we now have a “venal center.” Mr. Phillips holds out little hope of improvement from a new president; he doubts that any administration could do much, even though “the crisis is no longer in the future, but upon us...”
...Mr. Phillips writes that the inventors and marketers of the new financial instruments didn’t entirely understand them. An executive of Fidelity International says a panicky feeling has set in on Wall Street because no one knows where the risks really are. The finance minister of France observes that investments may have reached such a level of complexity that no one can assess them. And Charles R. Morris, in his own gloomy book, “The Trillion Dollar Meltdown,” reports that even Citigroup’s chief financial officer “did not know how to value his holdings...”

...military analysts represent more than 150 military contractors either as lobbyists, senior executives, board members or consultants. The companies include defense heavyweights, but also scores of smaller companies, all part of a vast assemblage of contractors scrambling for hundreds of billions in military business generated by the administration’s war on terror. It is a furious competition, one in which inside information and easy access to senior officials are highly prized...
...ABC would not have been so widely pilloried had it not tapped into a larger national discontent with news media fatuousness. The debate didn’t happen in a vacuum; it was the culmination of the orgy of press hysteria over Mr. Obama’s remarks about “bitter” small-town voters. For nearly a week, you couldn’t change channels without hearing how Mr. Obama had destroyed his campaign with this single slip at a San Francisco fund-raiser. By Wednesday night, the public was overdosing.
Mr. Obama did sound condescending, an unappealing trait that was even more naked in his “You’re likable enough, Hillary” gibe many debates ago. But the overreaction to this latest gaffe backfired on the media more than it damaged him. For all the racket about “Bittergate” — and breathless intimations of imminent poll swings and superdelegate stampedes — the earth did not move. The polls hardly budged, and superdelegates continued to migrate mainly in Mr. Obama’s direction...


Road Map to Defeat
...what are the Democrats doing? The Clintons are running around with flamethrowers, gleefully trying to incinerate the prospects of the party’s leading candidate, Barack Obama. As Bill Clinton put it last month: “If a politician doesn’t want to get beat up, he shouldn’t run for office.”
Senator Obama, for his part, seems to have lost sight of the unifying message that proved so compelling early in his campaign and has stumbled into weird cultural predicaments that have caused some people to rethink his candidacy.
While some of those predicaments raise legitimate concerns (his former pastor, his comments in San Francisco) and some do not (stupid questions about wearing a flag pin), he has allowed them to fester unnecessarily. The way for a candidate to eventually change the subject is to offer policy prescriptions so creative and compelling that they generate excitement among the electorate and can’t be ignored by the press.
Voters want more from Senator Obama. He’s given a series of wonderful speeches, but he has to add more meat to those rhetorical bones. He needs to be clear about where he wants to lead this country and how he plans to do it. That’s how a candidate defines himself or herself.
Instead, Mr. Obama is allowing the Clintons and the news media to craft a damaging persona of him as some kind of weak-kneed brother from another planet, out of touch with mainstream America, and perhaps a loser.
...The big issues of our time are being left behind as pettiness and mean-spirited partisanship carry the day.
Voters across the country seem disgusted with this state of affairs. George Stephanopoulos and Charles Gibson of ABC News are being pilloried for the way they conducted Wednesday’s debate. Hillary Clinton’s disapproval ratings have climbed into a zone that makes it legitimate to wonder whether she could defeat Senator McCain. And much of the excitement and enthusiasm surrounding Mr. Obama’s candidacy has cooled.
That raucous laughter you hear in the background is coming from the likes of Karl Rove, Dick Cheney, President Bush and Senator McCain. They can’t believe their good fortune.
The issues still favor the Democrats. More and more Americans are losing their jobs, and many of those still employed are working fewer hours and cashing smaller paychecks. Vacation plans are being curtailed because of declining family income and sky-high gasoline prices. The value of the family home is eroding.
Instead of capitalizing on the political advantages presented by these issues, the Democrats, with their increasingly small-minded approach to this election, are squandering them...
It’s not too late for the Democrats to pull this off. But there’s already blood on the floor from the nomination fight, and the fight ain’t over. The G.O.P.’s fondest wish is that the Democrats keep doing what they’re doing.
in the swamps of Michigan to listen to the damage the main$tream framers were doing to the candiates and the process.
When John McCain becomes President, somebody should kick both Clinton and Obama in the ass: Clinton for being willing to wreck the Dems' chances just so she can be the nominee; Obama for not kicking Clinton in the ass before she wrecked the Dems' chances.
(Not, by the way, that any of these lousy finalists are what this country needs; but then again, this is the electorate that votes by the tens of millions for absolute morons like George W. Bush. That means this country won't get what it needs, but it will get what it deserves.)
...I understand Hillary's sense of outrage. It makes me mad too. Sure, we lost our base in the South; our boys voted for Gingrich. But let me tell you something. I know these boys. I grew up with them. Hardworking, poor, white boys, who feel left out, feel that our reforms always come at their expense. Think about it, every progressive advance our country has made since the Civil War has been on their backs. They're the ones asked to pay the price of progress. Now, we are the party of progress, but let me tell you, until we find a way to include these boys in our programs, until we stop making them pay the whole price of liberty for others, we are never going to unite our party, never really going to have change that sticks...
...There is no short-term fix. In the long term, we must put more money into more people’s pockets. That means higher wages and lower taxes for the poor and middle class. Some of what is needed is easy to see: a more progressive tax code, repealing laws that allow employers to harass and fire those who try to organize unions, nationalizing industries run by vampire capitalists — health insurers, private hospitals, colleges and universities. Banks encourage predatory lending while stifling saving. They ought to be re-regulated. What madness permits them to charge 30 percent on credit cards while paying one percent on passbook savings accounts?
More — much more — is necessary to prevent the wholesale collapse of the U.S. economic system. A maximum wage should be imposed — the highest paid American should earn no more than ten times the lowest paid. I know, I know — none of this will happen. There will be nothing but Band-Aids and lazy rhetoric as we plummet into the abyss. It cannot be otherwise, for our politics are ossified, the media is corporatized, and we the people are dull and apathetic.
..An abundance of food is something we take for granted, but we have money. Collectively as a nation, food has always been there, and we could buy whatever we wanted. What if that changed? What if food became really scarce and really expensive? Could it happen? It has already started.
* Total world stocks of all grains are close to their lowest level in 30 years.
* USDA predicts wheat surpluses to be the smallest in 60 years.
* A virulent strain of wheat rust that can reduce yields to zero is spreading worldwide.
* Wheat prices have risen well over 50 percent from a year ago.
* The FAO cites 37 countries as facing a food crisis due to rising prices.
Food price is dependent on the price and availability of grain. Since 1960 the world grain harvest has tripled, and the world population has doubled. So why isn’t there more grain available at a lower price? Why have the prices jumped?

...Senator Obama has spent his campaign trying to dodge the race issue, which in America is like trying to dodge the wind. So when he fielded the question in San Francisco, he didn’t say: “A lot of folks are not with me because I’m black — but I’m trying to make my case and bring as many around as I can.”
Instead, he fell back on a tortured response that was demonstrably incorrect. Referring to the long-term economic distress of many working-class voters, Mr. Obama said: “It’s not surprising then they get bitter, they cling to guns or religion or antipathy to people who aren’t like them or anti-immigrant sentiment or antitrade sentiment as a way to explain their frustrations.”
He danced all around the truth. Unless you’re Fred Astaire, if your dance steps get too intricate you’re bound to make a misstep. This was a big one.
But there is something perverse in the effort to portray Senator Obama — who has tried hard to promote a message of unity and healing — as some kind of divisive figure. He has spoken with great insight and empathy, most notably in his race speech in Philadelphia, about the anxiety and frustration of middle- and working-class Americans.
In his San Francisco comments, Senator Obama fouled up when he linked frustration and bitterness over economic hard times with America’s romance with guns and embrace of religion. But, please, let’s get a grip. What we ought to be worked up about is the racism that still prevents some people from giving a candidate a fair chance because of his skin color.
Are working people bitter? There’s no doubt that many are extremely bitter over the economic hand they’ve been dealt. Those who believed that America’s industrial heartland was secure and everlasting have been forced to adjust over the past several years to an extremely bitter reality. Jobs and pensions have vanished. The value of the family home is sinking. Health care is increasingly unaffordable. For many, the cost of college is out of reach.
But “bitter” has a connotation that is generally not helpful in a political campaign. Bitter suggests powerlessness and a smallness of spirit. Most people would prefer to be characterized as “angry” — a term that suggests empowerment — rather than “bitter,” with its undertone of defeat...
...There's no controversy to what he said. But I think he touched a nerve with corporate america and corporate media. His words told truth to power to these people and if it had gone on uncontested, then these people might just realize that they've been oppressed for so long and wake up and start a revolution.
This affects all of corporate america. They can't have poor people starting to descent and go against everything that they had been brainwashed with since they were young.
If they wake up and revolt, media loses the control they have over them...
"I know you've talked about reconciliation and moving on, but there's also the issue of justice, and a lot of people -- certainly around the world and certainly within this country -- feel that crimes were possibly committed" regarding torture, rendition, and illegal wiretapping. I wanted to know how whether his Justice Department "would aggressively go after and investigate whether crimes have been committed."
Here's his answer, in its entirety:
What I would want to do is to have my Justice Department and my Attorney General immediately review the information that's already there and to find out are there inquiries that need to be pursued. I can't prejudge that because we don't have access to all the material right now. I think that you are right, if crimes have been committed, they should be investigated. You're also right that I would not want my first term consumed by what was perceived on the part of Republicans as a partisan witch hunt because I think we've got too many problems we've got to solve.
So this is an area where I would want to exercise judgment -- I would want to find out directly from my Attorney General -- having pursued, having looked at what's out there right now -- are there possibilities of genuine crimes as opposed to really bad policies. And I think it's important-- one of the things we've got to figure out in our political culture generally is distinguishing betyween really dumb policies and policies that rise to the level of criminal activity. You know, I often get questions about impeachment at town hall meetings and I've said that is not something I think would be fruitful to pursue because I think that impeachment is something that should be reserved for exceptional circumstances. Now, if I found out that there were high officials who knowingly, consciously broke existing laws, engaged in coverups of those crimes with knowledge forefront, then I think a basic principle of our Constitution is nobody above the law -- and I think that's roughly how I would look at it.
The Neighborhood Network Watch announced today the start of a new community program, the Home Network Awareness Program (HNAP). HNAP is aimed at providing an easy way for people to get involved and to contribute to the efforts of the Neighborhood Network Watch as well as providing the group with valuable information on the states of networks that reside in the homes of our nation.
Participants in HNAP would collect sample network traffic from their own home networks as well as samples from networks within the vicinity. The Neighborhood Network Watch will be making a set of freely available instructions on how to capture network traffic, using the open source packet sniffer TCPDUMP, and how to log onto nearby wireless networks that may be being operated by neighbors.
These samples of network traffic would then be sent to the Neighborhood Network Watch for analysis using the latest revision of the NNWKAA. The participants would then be sent back a rating for each network along with a rating for the area as a whole.
This allows the participants to not only find out how their own home network is being used but also valuable information about those around their home that may have large amounts of terrorist related traffic flowing over them. This also provides the Neighborhood Network Watch with the ability to see if there is potential terrorist cell activity in or around the participants homes.

...They call it the rust belt for a reason. The great jobs and the economic prosperity left that part of the country two or three decades ago. The people are frustrated. The people have no economic opportunity. What happens to folks like that in the Middle East, you ask? Well, take a look. They go to places like al Qaeda training camps. I mean there's nothing new here.
And what Barack Obama was suggesting is not that the people of Pennsylvania are to blame for any of it. It's that the jerks in Washington, D.C. , as represented by the 10 years of the Bushes and the Clintons and the McCains, who have lied to and misled these people for all of this time while they shipped the jobs overseas and signed phony trade deals like NAFTA, are to blame for the deteriorating economic conditions among America's middle class. I mean I'm a college dropout and I can read the damn thing and figure it out...
... “Terror and Consent” is much more than that readership might suggest. This is quite simply the most profound book to have been written on the subject of American foreign policy since the attacks of 9/11 — indeed, since the end of the cold war. I have no doubt it will be garlanded with prizes. It deserves to be. It is more important that it should be read, marked and inwardly digested by all three of the remaining candidates to succeed George W. Bush as president of the United States.
...Bobbitt’s originality lies in his almost unique ability to synthesize three quite different traditions of scholarship. The first is history. The second is law, particularly constitutional law. The third is military strategy. This synthesis owes as much to the corridors of power as to the sequestered groves of academe. Bobbitt was an associate counsel to President Carter, legal counsel to the Senate’s Iran-Contra committee and a senior director on the National Security Council under President Clinton.
In his last book, “The Shield of Achilles” (2002), Bobbitt advanced a bold argument about the history of international relations since the time of the Treaty of Westphalia (1648). His central argument was that, in the aftermath of the cold war, the traditional post-Westphalian ideal of the sovereign nation-state had become obsolescent. In the increasingly borderless world we associate with globalization, something new was emerging, which Bobbitt called (and continues to call) the “market-state.” This state’s relationship to its citizens resembles that between a corporation and consumers. Its counterpart — and enemy — is the terrorist network. The central problem raised in “The Shield of Achilles” was how far the market-state could and should go to defeat such networks, particularly when they were in some measure sponsored by traditional nation-states...
...Some reviewers took it to be a neoconservative work, and Bobbitt’s support for the invasion of Iraq in 2003 lent credence to that view. However, read as a work of history, it was no such thing. Rather, it was a reflection on the decline of national sovereignty in an age of globalization.
“Terror and Consent” is less historical; indeed, it is more concerned with the future and how best we should anticipate its challenges. Did I say “the future”? Bobbitt has learned from the scenario-builders of Royal Dutch Shell the essential point that there is really no such thing as the future — only futures (plural). The task he has set himself here is to challenge nearly all our existing ideas about the so-called wars on terror (note, once again, the plural), in the belief that only a root-and-branch rethinking will equip us to deal with the problems posed by “the proliferation of weapons of mass destruction, mass terrorist atrocities and humanitarian crises that bring about or are brought about by terror.”
Bobbitt’s central premise is that today’s Islamic terrorist network, which he calls Al Qaeda for short, is like a distorted mirror image of the post-Westphalian market-state: decentralized, privatized, outsourced and in some measure divorced from territorial sovereignty...
... The terrorists are at once parasitical on, and at the same time hostile toward, the globalized economy, the Internet and the technological revolution in military affairs... terrorism is a negative externality of our borderless world.
...Al Qaeda is different. Its members seek to undermine the market-state by turning its own technological achievements against it in a protracted worldwide war, the ultimate goal of which is to create a Sharia-based “terror-state” in the form of a new caliphate. Osama bin Laden and his confederates want to acquire nuclear or biological weapons of mass destruction. Precisely because of the nature of the market-state, as well as the actions of rogue nation-states, the key components and knowledge are very close to being available to them — witness the nuclear Wal-Mart run in Pakistan by A. Q. Khan. With such weapons, the terrorists will be able to unleash a super-9/11, with scarcely imaginable human and psychological costs.
In short, we are in a war. Those who say that you cannot fight an abstract noun have misunderstood that “terror” itself is being deployed as a weapon against us by a hostile and calculating nongovernmental organization. To refine his argument, Bobbitt introduces a distinction. Both the market-states and the nation-states of the West are democratic; they are “states of consent,” in which the rule of law exists to uphold individual liberty and rights. Our adversaries aim to replace our consent-based order with a “state of terror.”
...Bush’s instinct was not wrong. In this war, we do need pre-emptive detention of suspected terrorists; we do need a significant increase of surveillance, particularly of electronic communications; we do need, in some circumstances, to use coercive techniques (short of torture) to elicit information from terrorists. The administration’s fatal mistake was its failure to understand that these things could be achieved by appropriate modifications of the law. By doing what indeed was needed, but doing it outside the law, the administration undermined the legitimacy of American policy at home as well as abroad. Bobbitt is emphatic: all branches of government must act in conformity with the Constitution and the law.
...Bobbitt argues for a radical overhaul of our intelligence system, arguing that traditional antinomies (United States citizen/foreigner, gathering/analysis, private/public) are now an obstacle to effective action. Yes, we really do need something like the abortive Total Information Awareness program, pooling every available piece of data and mining it for clues about the next 9/11. We also need to take large-scale precautions to ensure that constitutional and legal order do not break down in the event of a terrorist attack or natural disaster...
There is no longer the shadow of a doubt that the torture of prisoners was planned at the highest levels of the US government with the explicit knowledge and approval of the president. How do we know this? Bush himself admitted it.
Bush Aware of Advisers' Interrogation Talks
President Says He Knew His Senior Advisers Discussed Tough Interrogation Methods
By JAN CRAWFORD GREENBURG, HOWARD L. ROSENBERG and ARIANE de VOGUE
April 11, 2008—
President Bush says he knew his top national security advisers discussed and approved specific details about how high-value al Qaeda suspects would be interrogated by the Central Intelligence Agency, according to an exclusive interview with ABC News Friday.
"Well, we started to connect the dots in order to protect the American people." Bush told ABC News White House correspondent Martha Raddatz. "And yes, I'm aware our national security team met on this issue. And I approved."
As first reported by ABC News Wednesday, the most senior Bush administration officials repeatedly discussed and approved specific details of exactly how high-value al Qaeda suspects would be interrogated by the CIA.
The high-level discussions about these "enhanced interrogation techniques" were so detailed, these sources said, some of the interrogation sessions were almost choreographed -- down to the number of times CIA agents could use a specific tactic.
These top advisers signed off on how the CIA would interrogate top al Qaeda suspects -- whether they would be slapped, pushed, deprived of sleep or subjected to simulated drowning, called waterboarding, sources told ABC news.
The advisers were members of the National Security Council's Principals Committee, a select group of senior officials who met frequently to advise President Bush on issues of national security policy.
At the time, the Principals Committee included Vice President Dick Cheney, former National Security Adviser Condoleezza Rice, Defense Secretary Donald Rumsfeld and Secretary of State Colin Powell, as well as CIA Director George Tenet and Attorney General John Ashcroft.
As the national security adviser, Rice chaired the meetings, which took place in the White House Situation Room and were typically attended by most of the principals or their deputies...
...Iraq is to moviegoers what garlic is to vampires.
This is not merely a showbiz phenomenon but a leading indicator of where our entire culture is right now. It’s not just torture we want to avoid. Most Americans don’t want to hear, see or feel anything about Iraq, whether they support the war or oppose it. They want to look away, period, and have been doing so for some time...

MUNCIE, Ind. — Senator Barack Obama stepped back slightly from comments he made Sunday about small-town Americans whose economic hardships had made them “bitter,” but he continued to rebut criticisms from both Democratic and Republican opponents that his comments were elitist and “out-of-touch.”
Many dispirited voters believe politicians will not solve their problems, Mr. Obama argued in Muncie, Ind., so they base their votes on wedge issues like gun rights or gay marriage rather than voting for their economic interests...
...Lou Dobbs canvassed his viewers on this very point, offering them a yes or no alternative on the following question: Do you believe that Senator Barack Obama's comments reveal his elitist attitude toward every hardworking American? The only surprise to this sort of loaded question was that 50% of the respondents said No.
Maybe that is significant. Maybe the general public isn’t listening anymore to the demagoguery that for 25 years has played the middle class against the poor, the religious against the secular, black against white, straight against gay, and everybody against the immigrants – all while the wealthy keep reaping an increasing amount of society’s production. Or maybe people actually read Obama’s extended response on this “controversy”:When I go around and I talk to people there is frustration and there is anger and there is bitterness. And what's worse is when people are expressing their anger then politicians try to say what are you angry about? This just happened - I want to make a point here today.
I was in San Francisco talking to a group at a fundraiser and somebody asked how're you going to get votes in Pennsylvania? What's going on there? We hear that's its hard for some working class people to get behind you're campaign. I said, "Well look, they're frustrated and for good reason. Because for the last 25 years they've seen jobs shipped overseas. They've seen their economies collapse. They have lost their jobs. They have lost their pensions. They have lost their healthcare.
And for 25, 30 years Democrats and Republicans have come before them and said we're going to make your community better. We're going to make it right and nothing ever happens. And of course they're bitter. Of course they're frustrated. You would be too. In fact many of you are. Because the same thing has happened here in Indiana. The same thing happened across the border in Decatur. The same thing has happened all across the country. Nobody is looking out for you. Nobody is thinking about you. And so people end up- they don't vote on economic issues because they don't expect anybody's going to help them. So people end up, you know, voting on issues like guns, and are they going to have the right to bear arms. They vote on issues like gay marriage. And they take refuge in their faith and their community and their families and things they can count on. But they don't believe they can count on Washington. So I made this statement-- so, here's what rich. Senator Clinton says 'No, I don't think that people are bitter in Pennsylvania. You know, I think Barack's being condescending.' John McCain says, 'Oh, how could he say that? How could he say people are bitter? You know, he's obviously out of touch with people.'
Out of touch? Out of touch? I mean, John McCain--it took him three tries to finally figure out that the home foreclosure crisis was a problem and to come up with a plan for it, and he's saying I'm out of touch? Senator Clinton voted for a credit card-sponsored bankruptcy bill that made it harder for people to get out of debt after taking money from the financial services companies, and she says I'm out of touch? No, I'm in touch. I know exactly what's going on. I know what's going on in Pennsylvania. I know what's going on in Indiana. I know what's going on in Illinois. People are fed-up.
They're angry and they're frustrated and they're bitter. And they want to see a change in Washington and that's why I'm running for President of the United States of America.
This is dangerous stuff. It challenges in some fundamental way the manner in which government and corporations have been running things for a quarter of a century. It is a pithy summary of arguments made in Thomas Frank’s book What’s the Matter with Kansas: How Conservatives Won the Heart of America...
...I can’t look at Petraeus — his uniform ornamented like a Christmas tree with honors, medals and ribbons — without thinking of the great Mort Sahl at the peak of his brilliance. He talked about meeting General Westmoreland in the Vietnam days. Mort, in a virtuoso display of his uncanny detailed knowledge — and memory — of such things, recited the lengthy list (”Distinguished Service Medal, Croix de Guerre with Chevron, Bronze Star, Pacific Campaign” and on and on), naming each of the half-acre of decorations, medals, ornaments, campaign ribbons and other fripperies festooning the general’s sternum in gaudy display. Finishing the detailed list, Mort observed, “Very impressive!” Adding, “If you’re twelve.”
...Never in this breathing world have I seen a person clog up and erode his speaking — as distinct from his reading — with more “uhs,” “ers” and “ums” than poor Crocker. Surely he has never seen himself talking: “Uh, that is uh, a, uh, matter that we, er, um, uh are carefully, uh, considering.” (Not a parody, an actual Crocker sentence. And not even the worst.)
These harsh-on-the-ear insertions, delivered in his less than melodious, hoarse-sounding tenor, are maddening. And their effect is to say that the speaker is painfully unsure of what he wants, er, um, to say.
If Crocker’s collection of these broken shards of verbal crockery were eliminated from his testimony, everyone there would get home at least an hour earlier.
Petraeus commits a different assault on the listener. And on the language. In addition to his own pedantic delivery, there is his turgid vocabulary. It reminds you of Copspeak, a language spoken nowhere on earth except by cops and firemen when talking to “Eyewitness News.” Its rule: never use a short word where a longer one will do. It must be meant to convey some misguided sense of “learnedness” and “scholasticism” — possibly even that dread thing, “intellectualism” — to their talk. Sorry, I mean their “articulation.”
No crook ever gets out of the car. A “perpetrator exits the vehicle.” (Does any cop say to his wife at dinner, “Honey, I stubbed my toe today as I exited our vehicle”?) No “man” or “woman” is present in Copspeak. They are replaced by that five-syllable, leaden ingot, the “individual.” The other day, there issued from a fire chief’s mouth, “It contributed to the obfuscation of what eventually eventuated.” This from a guy who looked like he talked, in real life, like Rocky Balboa. And there’s nothing wrong with that.
Who imposes this phony, academic-sounding verbal junk on brave and hard-working men and women who don’t need the added burden of trying to talk like effete characters from Victorian novels?
And, General, there is no excuse anywhere on earth for a stillborn monster like “ethnosectarian conflict,” as Jon Stewart so hilariously pointed out.
What would the general be forced to say if it weren’t for the icky, precious-sounding “challenge” that he leans so heavily on? That politically correct term, which was created so that folks who are legally blind, deaf, clumsy, crippled, impotent, tremor-ridden, stupid, addicted or villainously ugly are really none of those unhappy things at all. They are merely challenged. (Are these euphemisms supposed to make them feel better?) And no one need be unlucky enough to be dead or hideously wounded anymore. Those unfortunates are merely “casualties” — a sort of restful-sounding word.
(I have a friend who would like the opportunity to say to our distinguished warrior, “General Petraeus, my son was killed in one of your challenges.”)
Petraeus uses “challenge” for a rich variety of things. It covers ominous developments, threats, defeats on the battlefield and unfound solutions to ghastly happenings. And of course there’s that biggest of challenges, that slapstick band of silent-movie comics called, flatteringly, the Iraqi “fighting forces.” (A perilous one letter away from “fighting farces.”) The ones who are supposed to allow us to bring troops home but never do.
Petraeus’s verbal road is full of all kinds of bumps and lurches and awkward oddities. How about “ongoing processes of substantial increases in personnel”?
Try talking English, General. You mean more soldiers.
It’s like listening to someone speaking a language you only partly know. And who’s being paid by the syllable. You miss a lot. I guess a guy bearing up under such a chestload of hardware — and pretty ribbons in a variety of decorator colors — can’t be expected to speak like ordinary mortals, for example you and me. He should try once saying — instead of “ongoing process of high level engagements” — maybe something in colloquial English? Like: “fights” or “meetings” (or whatever the hell it’s supposed to mean).
I find it painful to watch this team of two straight men, straining on the potty of language. Only to deliver such . . . what? Such knobbed and lumpy artifacts of superfluous verbiage? (Sorry, now I’m doing it…)
But I must hand it to his generalship. He did say something quite clearly and admirably and I am grateful for his frankness. He told us that our gains are largely imaginary: that our alleged “progress” is “fragile and reversible.” (Quite an accomplishment in our sixth year of war.) This provides, of course, a bit of pre-emptive covering of the general’s hindquarters next time that, true to Murphy’s Law, things turn sour again.
Back to poor Crocker. His brows are knitted. And he has a perpetually alarmed expression, as if, perhaps, he feels something crawling up his leg.
Could it be he is being overtaken by the thought that an honorable career has been besmirched by his obediently doing the dirty work of the tinpot Genghis Khan of Crawford, Texas? The one whose foolish military misadventure seems to increasingly resemble that of Gen. George Armstrong Custer at Little Bighorn?
Not an apt comparison, I admit.
Custer only sent 258 soldiers to their deaths.
Working for a DoD contractor as I do, I have to point out some of the glaring, baseless and incorrect statements - that contractors hire non-nationals for anything "key" for one. In fact, when it comes to anything classed Secret or above, contractors do not hire non-citizens (as only citizens can hold such clearances), and hiring naturalized citizens of certain backgrounds (Arabs, Russians, etc.) is discouraged, as getting such people clearance is nigh-impossible. Now if you write merely about the use of foreign nationals in lower classifications, then you may be correct. As far as FCS material, everything you see is all promotional, approved for distribution, or regarded as not valuable enough to class higher - unless you're treasonous - for while less important material may be compromised on the internet, anything important is air-gapped from the internet quite stringently. Further, as far as your thoughts are concerned, if the hypothetical American citizen is disturbed by their work, there are plenty of other American engineers who are practical enough to understand war is not merely going away with the actions of diligent peace loving people, merely that such will be slaughtered by those not so inclined. So go thank an imperialist American soldier for protecting your free-speech, or flee to Saudi and avoid the obvious American Third-Reich you believe the US is headed for. Sincerely,Happily-Working Contractor

...The Olympic torch no-show along San Francisco's Embarcadero is in the running for the city's biggest protest that never was.
The buildup for the torch's only North American stop had been intense, following weeks of protest over Olympic host country China's human rights record. But when city officials switched the route suddenly Wednesday, the throngs left waiting at the Ferry Building had nothing to protest but one another.
Team Tibet and Team Beijing took turns marching with bullhorns around Justin Herman Plaza, where a stage had been set up to host tai chi performers, lion dancers and Olympic mascots. There was a group opposed to China's involvement in Darfur, another for Burma and a third for Vietnam...
The largest contingent was made up of Chinese supporters who lined police barricades for several blocks north and south of the Ferry Building with billowing red flags. Several said they had been bused in by the Chinese government or sports groups.
Nearly 400 people gathered near Pier 39, including five busloads of torch supporters who said they had been brought in from Sacramento by the Chinese Consulate and a cultural group, the Organization of Chinese Americans. They verbally jousted with Tibetan protesters while police kept the two sides separated.
The Northern California Chinese Cultural Athletics Federation brought 20 buses with more than 1,000 people from the South Bay and East Bay...
...(04-09) 20:28 PDT SAN FRANCISCO -- It was an Olympic-sized fake-out, and by the end of the day, instead of the violent clashes that some had feared, the Beijing Olympic torch run left only thousands of frustrated protesters on one end of San Francisco and mostly relieved runners and officials on the other.
The finger-pointing is bound to go on for days about whether changing the route at the last minute was right. But on Wednesday, Mayor Gavin Newsom and other officials said that once they got a good look mid-morning at the chanting, surging, flag-waving crowds along the torch's advertised route, they felt they had no choice...
Top Bush aides, including Vice President Cheney, micromanaged the torture of terrorist suspects from the White House basement, according to an ABC News report aired last night.
Discussions were so detailed, ABC's sources said, that some interrogation sessions were virtually choreographed by a White House advisory group. In addition to Cheney, the group included then-national security adviser Condoleezza Rice, then-defense secretary Donald Rumsfeld, then-secretary of state Colin Powell, then-CIA director George Tenet and then-attorney general John Ashcroft.
At least one member of the club had some qualms. ABC reports that Ashcroft "was troubled by the discussions. He agreed with the general policy decision to allow aggressive tactics and had repeatedly advised that they were legal. But he argued that senior White House advisers should not be involved in the grim details of interrogations, sources said.
"According to a top official, Ashcroft asked aloud after one meeting: 'Why are we talking about this in the White House? History will not judge this kindly.'"
Here's the video of last night's report by Jan Crawford Greenburg and a text version by Greenburg, Howard L. Rosenberg and Ariane de Vogue.
They write: "Highly placed sources said a handful of top advisers signed off on how the CIA would interrogate top al Qaeda suspects -- whether they would be slapped, pushed, deprived of sleep or subjected to simulated drowning, called waterboarding...
"As the national security adviser, Rice chaired the meetings, which took place in the White House Situation Room..."
"At one meeting in the summer of 2003 -- attended by Vice President Cheney, among others -- Tenet made an elaborate presentation for approval to combine several different techniques during interrogations, instead of using one method at a time, according to a highly placed administration source."
ABC reports that, in at least one case, the group's approvals of CIA techniques continued even after the Justice Department formally withdrew the August 2002 memo in 2004...
There's one serious flaw in the ABC report: It allows the administration's version of Zubaydah's value as an intelligence asset to go unrefuted. ABC calls Zubaydah a "top al Qaeda operative" and reports that "[a]ter he was waterboarded, officials say Zubaydah gave up valuable information that led to the capture of 9/11 mastermind Khalid Sheik Mohammad and fellow 9/11 plotter Ramzi bin al-Shibh."
But as I've written, administration statements about Zubaydah have been almost entirely contradicted by authoritative accounts from author Ron Suskind and New York Times reporter David Johnston.
Zubaydah, it turns out, was a mentally ill minor functionary, nursed back to health by the FBI, who under CIA torture sent investigators chasing after false leads about al-Qaeda plots on American nuclear plants, water systems, shopping malls, banks and supermarkets...
...The predictable response is to call for impeachment. It's clearly warranted, but at this point impeachment is way too good for this crew. Indictment is more like it. Less martyrs, more felons.

... The bigger problem is that the now-finished boom was, for most Americans, nothing of the sort. In 2000, at the end of the previous economic expansion, the median American family made about $61,000, according to the Census Bureau’s inflation-adjusted numbers. In 2007, in what looks to have been the final year of the most recent expansion, the median family, amazingly, seems to have made less — about $60,500.
This has never happened before, at least not for as long as the government has been keeping records. In every other expansion since World War II, the buying power of most American families grew while the economy did...
...Surprise? Really?
I find it disturbing to see a fundamental lack of comprehension from a regional Fed President as to what the root causes of the Housing problem actually are.
Hey guys! Here's a clue: It ain't high interest rates. . .
...consider the size of the derivative marketplace based upon mortgages: Everything from RMBS to CDOs to CDC. It runs into the trillions.
If they cannot be effectively priced, are these products essentially untradeable?
Consider these factors:
• The price relative to the requisite cost of research/due diligence;
• The size of the market relative to the overall regular and ongoing demand for that investment product;
• The buyers and sellers with an expertise and knowledge of this paper.
This may be the crux of the issue with subprime/derivative problem: The paper is, or at least should be, Untradeable...
This can't be repeated often enough:
Yoo didn't express unpopular ideas.
Yoo committed war crimes.
Yoo did not cry "Fire" in a crowded theater - he lit torches and passed them out.
Actions, not words. There are people who are dead because of Yoo.
Now, Yoo is teaching. Passing the torch, as it were, to the next generation. Teaching impressionable young minds that torture is no big deal, and that the commander in chief can do absolutely anything he wants if he believes it will make the country safer...

You name it, Dubai has it. Or if it doesn’t have it, it’s building it. Or if it’s not building it, it’s dredging up an island to put it on. The busiest of the seven United Arab Emirates is growing so fast that its newest developments can only be measured in hummingbird flaps. Blink and you’ll miss the latest superlative. This way to the world’s tallest building. That way to the world’s largest aluminum plant. Coming soon, the world’s longest bridge. Over here to the world’s biggest mall — which, incidentally, is about to be usurped any day now by a bigger one...
PARIS - What was supposed to be a majestic procession through the French capital for the Olympic torch turned into chaos Monday as thousands of people from around Europe, many with Tibetan flags, massed to protest the relay and deny China the promotional boost it hoped for in the runup to the games.
The torch went out several times, and police officers had to bring it onto a bus to try to protect it as demonstrators swarmed the security detail. In the end, organizers canceled the final leg of the procession, deciding to have the torch transported by bus.
Despite heavy security, at least one activist got within a meter of the pack of Rollerblading police officers crowding around the torchbearer. On several occasions, officers were seen tackling protesters. A police official quoted by The Associated Press said 28 people were arrested.
It was the second time in two days that the torch relay had been disrupted in a European capital. About 3,000 police officers — on foot, horseback, Rollerblades, motorbikes and even boats in the Seine — had been deployed in an attempt to prevent a repeat of the scenes played out in London on Sunday, when the relay turned into a tumult of scuffles and dozens of people were arrested.
But the Paris leg proved just as chaotic. At the start of the relay, a man identified as a Green Party activist was grabbed by security officers as he headed for Stéphane Diagana, the president of France’s national athletics league and a former world champion in the 400-meter hurdles, who was carrying the torch from the first floor of the Eiffel Tower. The man was tackled before he got close to Diagana.
An event that was supposed to burnish China’s image around the world has turned into a public relations nightmare — not only for China, but also for the nations along the torch’s route...

...it’s no surprise that so few stopped to absorb the disastrous six-day battle of Basra that ended last week — a mini-Tet that belied the “success” of the surge. Even fewer noticed that the presumptive Republican nominee seemed at least as oblivious to what was going down as President Bush, no tiny feat.
In Mr. Bush’s telling, Basra was a “defining moment in the history of a free Iraq.” He praised the Iraqi prime minister, Nuri al-Maliki, and boasted repeatedly that the Iraqi forces were fighting “in the lead.” The Pentagon spokesman declared that this splendid engagement was “a byproduct of the success of the surge.”
It was a defining moment all right. Mr. Maliki’s impulsive and ill-planned attempt to vanquish the militias in southern Iraq loyal to his Shiite rival, the cleric Moktada al-Sadr, was a failure that left Mr. Sadr more secure than before. Though some Iraqi armed forces were briefly in the lead, others mutinied. Eventually American and British forces and air power had to ride to the rescue in both Basra and Baghdad. Even then, the result was at best a standoff, with huge casualties. The battle ended only when Mr. Maliki’s own political minions sought a cease-fire.
Mr. McCain was just as wrong about Basra as he was in 2003, when he said the war would be “brief” and be paid for by Iraqi oil revenues. Or as he was in the 1990s, when he championed extravagant State Department funding for the war instigator Ahmad Chalabi, who’d already been branded untrustworthy by the C.I.A. (The relationship between Mr. Chalabi and the former lobbyist Charles Black, now a chief McCain campaign strategist, is explored in a new book, “The Man Who Pushed America to War,” by Aram Roston.)
As for Basra, Mr. McCain told Joe Klein of Time in January that it was “not a problem.” He told John King of CNN while in Baghdad last month that Mr. Sadr’s “influence has been on the wane for a long time.” When the battle ended last week, Mr. McCain said: “Apparently it was Sadr who asked for the cease-fire, declared a cease-fire. It wasn’t Maliki. Very rarely do I see the winning side declare a cease-fire.” At least the last of those sentences was accurate. It was indeed the losing side — Maliki’s — that pleaded for the cease-fire...
...Mr. McCain is also fond of portraying Mr. Maliki’s “democracy” in Iraq as an essential bulwark against Iran; his surrogate Lindsey Graham habitually refers to Mr. Sadr’s Mahdi Army as “Iranian-backed militias.” But the political coalition and militia propping up Mr. Maliki are even closer to Iran than the Sadrists. McClatchy Newspapers reported last week that the Maliki-Sadr cease-fire was not only brokered in Iran but by a general whose name is on the Treasury Department’s terrorist list: the commander of the Quds force of Iran’s Islamic Revolutionary Guard.
So this is where this latest defining moment in Iraq leaves us: with victories for Iran and Mr. Sadr, and with Iraqi forces that still can’t stand up (training cost to American taxpayers so far: $22 billion) so we can stand down. The Baghdad Green Zone, pummeled with lethal mortar fire, proved vulnerable once again. Basra remains so perilous that Britain has had to suddenly halt its planned troop withdrawals. Tony Blair had ordered the drawdown a year ago, after declaring that “the next chapter in Basra’s history will be written by the Iraqis.”

...I laugh out loud when I hear people say that congress must pass retroactive immunity or read stories about Michael Mukasey choking up when describing how the government needs to spy on Americans with impunity to keep the country safe. Even suggesting that the administration might have used these powers for political purposes is met with vociferous objection, as if that's so outrageous as to be nearly delusional. Why you might as well be a Hale-Bopp cultist or a believer in the Protocols of the Elders Of Zion.
And yet we know that the Bush Department of Justice was a cesspool of political corruption emanating from the very top. They destroyed the life of a Democratic Governor in Mississippi for partisan gain. They pursued five times as many public corruption charges against Democrats than Republicans in an era of Republican political majority. They ruined the careers of honest prosecutors who refused to indict Democrats on trumped up charges of voter fraud. Evidently, they fired people for being gay as well.
To simply accept that these people skirted FISA only for the righteous purposes of chasing down terrorist operations is absurd. We already know the kinds of thing the Bush justice department did. Why in the world would we not assume they used all the powers at their disposal to spy on political opponents?
Of course they did. We'd have to be complete idiots to think otherwise.
...why there is always so much "bipartisan consensus" on America's militarist empire: because members of Congress own a big chunk of the war machine:Members of the U.S.Congress have as much as $196 million (€126.2 million) collectively invested in companies doing business with the Defense Department, earning millions since the start of the Iraq war, according to a new study by a nonpartisan research group.
The story also points to one big reason why the Democrats have been so -- what's the word? remiss? sluggardly? craven? pathetic? -- in their ostensible opposition to the Iraq War:The study found that more Republicans than Democrats hold stock in defense companies, but that the Democrats who are invested had significantly more money at stake.
As the song says:Every word of hatred, every bullet and bomb
Puts another piece of gold in a fat cat's palm....
It's serious business
They're serious men
Making serious money
From serious sin
American songbirds are being wiped out by banned pesticides
By Leonard Doyle in Washington
Friday, 4 April 2008
The number of migratory songbirds returning to North America has gone into sharp decline due to the unregulated use of highly toxic pesticides and other chemicals across Latin America.
Ornithologists blame the demand for out-of-season fruit and vegetables and other crops in North America and Europe for the destruction of tens of millions of passerine birds. By some counts, half of the songbirds that warbled across America's skies only 40 years ago have gone, wiped out by pesticides or loss of habitat.
Forty-six years ago, the naturalist Rachel Carson wrote Silent Spring, a study of the ravages caused to wildlife, especially birds, by DDT. The chemical's use on American farms almost eradicated entire species, including the peregrine falcon and bald eagle.
The pesticide was banned and bird numbers recovered, but new and highly toxic pesticides banned by the US and European Union are being widely used in Latin America.
Because of changed consumer habits in Europe and the US, export-led agriculture has transformed the wintering grounds of birds into intensive farming operations producing grapes, melons and bananas as well as rice for export.
Ornithologists say another silent spring is dawning across the US as birds are being poisoned by toxic chemicals or killed as pests in their winter refuges across South and Central America as well as the Caribbean. They say that many species of songbird will never recover, and others may even become endangered or extinct if controls are not put in place or consumer habits changed.
More problems await those birds which make it home. Millions of acres of wilderness the birds use as nesting grounds have been ploughed under in the drive to grow corn for ethanol, for bio-fuel.
Some 150 species of songbirds undertake extraordinary migrations up to 12,000 miles every year as they move from the south to nesting grounds in the US and Canada every spring. Ornithologists say that almost all these species are at risk of poisoning.
The migratory songbirds in most trouble include the wood thrush, the Kentucky warbler, the eastern kingbird and the bobolink, celebrated by the 19th century American poet Emily Dickinson as "the rowdy of the meadows".
Bridget Stutchbury, an ornithologist and professor at York University in Toronto, said: "With spring we take it for granted that the sound of the songbirds will fill the air with their cheerful sounds. But each year, as we continue to demand out-of-season fruits and vegetables, fewer and fewer songbirds will return."
April 3, 2008
The Honorable Michael Mukasey
Attorney General of the United States
U.S. Department of Justice
950 Pennsylvania Ave., NW
Washington, DC 20530
Dear Mr. Attorney General:
We are writing about two disturbing recent revelations concerning the actions and inactions by the Department of Justice and the federal government to combat terrorism. These include a public statement by you that appears to suggest a fundamental misunderstanding of the federal government’s existing surveillance authority to combat terrorism, as well as possible malfeasance by the government prior to 9/11, and the partial disclosure of the contents of a secret Department memorandum concerning Executive Branch authority to combat terrorism, which has been previously requested to be provided to Congress. We ask that you promptly provide that memorandum and that you clarify your public statement in accordance with the questions below.
First, according to press reports, in response to questions at a March 27 speech, you defended Administration wiretapping programs and proposals to change the Foreign Intelligence Surveillance Act (FISA) by referring to a pre-9/11 incident. Before the 9/11 terrorist attacks, you stated, “we knew that there had been a call from someplace that was known to be a safe house in Afghanistan and we knew that it came to the United States. We didn’t know precisely where it went. You’ve got 3,000 people who went to work that day, and didn’t come home, to show for that.”1
This statement is very disturbing for several reasons. Initially, despite extensive inquiries after 9/11, I am aware of no previous reference, in the 9/11 Commission report or elsewhere, to a call from a known terrorist safe house in Afghanistan to the United States which, if it had been intercepted, could have helped prevent the 9/11 attacks. In addition, if the Administration had known of such communications from suspected terrorists, they could and should have been intercepted based on existing FISA law. For example, even assuming that a FISA warrant was required to intercept such calls, as of 9/11 FISA specifically authorized such surveillance on an emergency basis without a warrant for a 48 hour period.2 If such calls were known about and not intercepted, serious additional concerns would be raised about the government’s failure to take appropriate action before 9/11.
Accordingly, we ask that you promptly answer the following questions:
1. Were you referring to an actual pre-9/11 incident in the portion of your statement quoted above? If not, what were you referring to?
2. Do you believe that a FISA warrant would have been required to intercept a telephone call from a known terrorist safe house in Afghanistan to the United States in 2001? If so, please explain.
3. Even assuming that such a warrant would have been required, do you agree that even before 9/11, FISA authorized emergency interception without a warrant for a 48-hour period of phone calls from a known terrorist safe house in Afghanistan to the United States?
4. Assuming that you were referring to an actual pre-9/11 incident in your statement, please explain why such phone calls were not intercepted and appropriately utilized by federal government authorities in seeking to prevent terrorist attacks.
Second, in the March, 2003 Office of Legal Counsel (OLC) memorandum publicly released on April 1, 2008, the contents of a secret October, 2001 OLC memorandum were partially disclosed. Specifically, the 2003 memorandum explains that in an October 23, 2001 memorandum, OLC “concluded that the Fourth Amendment had no application to domestic military operations.”3 On two prior occasions – in letters of February 12 and February 20, 2008, – Chairman Conyers requested that the Administration publicly release the October 23, 2001, memorandum .4 The memorandum has not been received despite these specific requests.
Based on the title of the October 23, 2001 memorandum, and based on what has been disclosed and the contents of similar memoranda issued at roughly the same time, it is clear that a substantial portion of this memorandum provides a legal analysis and conclusions as to the nature and scope of the Presidential Commander in Chief power to accomplish specific acts within the United States. The people of the United States are entitled to know the Justice Department’s interpretation of the President’s constitutional powers to wage war in the United States. There can be no actual basis in national security for keeping secret the remainder of a legal memorandum that addresses this issue of Constitutional interpretation. The notion that the President can claim to operate under “secret” powers known only to the President and a select few subordinates is antithetical to the core principles of this democracy. We ask that you promptly release the October 23, 2001, memorandum.
Please provide your responses and direct any questions to the Judiciary Committee office, 2138 Rayburn House Office Building, Washington, DC 20515 (tel:202-225-3951; fax: 202-225-7680). Thank you for your cooperation.
Sincerely,
John Conyers, Jr.
Chairman, Committee on the Judiciary
Jerrold Nadler
Chairman, Subcommittee on the Constitution, Civil Rights and Civil Liberties
Robert C. “Bobby” Scott
Chairman, Subcommittee on Crime, Terrorism and Homeland Security
cc: Hon. Lamar S. Smith
Hon. Trent Franks
Hon. Louie Gohmert
Hon. Brian Benczkowski
...the pre-9/11 failures, as the Joint Inquiry itself concluded, were failures resulting from how the NSA used its legal authorities, not from insufficient legal authorities or excessive legal restraints...

WASHINGTON -- Amid investigations into fatal shootings of civilians and allegations of tax violations, Blackwater USA's multimillion-dollar contract to protect diplomats in Baghdad has been renewed, the State Department said Friday...
...Now the other thing we'll have to do is this: Always anchor our external direct action with the power of economic withdrawal. Now, we are poor people. Individually, we are poor when you compare us with white society in America. We are poor. Never stop and forget that collectively -- that means all of us together -- collectively we are richer than all the nations in the world, with the exception of nine. Did you ever think about that? After you leave the United States, Soviet Russia, Great Britain, West Germany, France, and I could name the others, the American Negro collectively is richer than most nations of the world. We have an annual income of more than thirty billion dollars a year, which is more than all of the exports of the United States, and more than the national budget of Canada. Did you know that? That's power right there, if we know how to pool it.
We don't have to argue with anybody. We don't have to curse and go around acting bad with our words. We don't need any bricks and bottles...
....we are asking you tonight, to go out and tell your neighbors not to buy Coca-Cola in Memphis. Go by and tell them not to buy Sealtest milk. Tell them not to buy -- what is the other bread? -- Wonder Bread. And what is the other bread company, Jesse? Tell them not to buy Hart's bread. As Jesse Jackson has said, up to now, only the garbage men have been feeling pain; now we must kind of redistribute the pain. We are choosing these companies because they haven't been fair in their hiring policies; and we are choosing them because they can begin the process of saying they are going to support the needs and the rights of these men who are on strike. And then they can move on town -- downtown and tell Mayor Loeb to do what is right.
...Over the past two years, as I have moved to break the betrayal of my own silences and to speak from the burnings of my own heart, as I have called for radical departures from the destruction of Vietnam, many persons have questioned me about the wisdom of my path. At the heart of their concerns this query has often loomed large and loud: Why are you speaking about war, Dr. King? Why are you joining the voices of dissent? Peace and civil rights don't mix, they say. Aren't you hurting the cause of your people, they ask? And when I hear them, though I often understand the source of their concern, I am nevertheless greatly saddened, for such questions mean that the inquirers have not really known me, my commitment or my calling. Indeed, their questions suggest that they do not know the world in which they live.
...Somehow this madness must cease. We must stop now. I speak as a child of God and brother to the suffering poor of Vietnam. I speak for those whose land is being laid waste, whose homes are being destroyed, whose culture is being subverted. I speak for the poor of America who are paying the double price of smashed hopes at home and death and corruption in Vietnam. I speak as a citizen of the world, for the world as it stands aghast at the path we have taken. I speak as an American to the leaders of my own nation. The great initiative in this war is ours. The initiative to stop it must be ours.
This is the message of the great Buddhist leaders of Vietnam. Recently one of them wrote these words:"Each day the war goes on the hatred increases in the heart of the Vietnamese and in the hearts of those of humanitarian instinct. The Americans are forcing even their friends into becoming their enemies. It is curious that the Americans, who calculate so carefully on the possibilities of military victory, do not realize that in the process they are incurring deep psychological and political defeat. The image of America will never again be the image of revolution, freedom and democracy, but the image of violence and militarism."
If we continue, there will be no doubt in my mind and in the mind of the world that we have no honorable intentions in Vietnam. It will become clear that our minimal expectation is to occupy it as an American colony and men will not refrain from thinking that our maximum hope is to goad China into a war so that we may bomb her nuclear installations. If we do not stop our war against the people of Vietnam immediately the world will be left with no other alternative than to see this as some horribly clumsy and deadly game we have decided to play.
The world now demands a maturity of America that we may not be able to achieve. It demands that we admit that we have been wrong from the beginning of our adventure in Vietnam, that we have been detrimental to the life of the Vietnamese people. The situation is one in which we must be ready to turn sharply from our present ways.
In order to atone for our sins and errors in Vietnam, we should take the initiative in bringing a halt to this tragic war...

...Mak, who testified in his defense at his six-week trial, denied he was a spy and said the information he copied was available from nonclassified sources on the Internet. Defense witnesses said that much, if not all, of the documents acquired by Mak were not officially classified, though transmitting them to China was prohibited under U.S. export laws...
...Who took the American people off our farms and out of our factories, and made us into mindless consumers, completely uninterested in where our food and technology comes from or how it gets here? Communists? Socialists? Progressives? Democrats?
Try Wall Street and Madison Avenue.
Who watered down the educational standards in science so people couldn't figure out what was really going on and didn't want to study hard subjects because foreign scientists could be hired for nearly nothing and then flooded the country with cheap, imported, hypnotic technology designed only for entertainment and recreation, which require deep knowledge of mathematics and physics to construct, but none to use? Communists? Socialists? Progressives? Democrats?
Try big oil, the auto industry, big business, and the CEO class of Bush, Cheney, Rumsfeld, Milken, Boesky, Skilling, et al-- and don't forget those wonders of corporate socialism like Enron and Halliburton who've been sucking on the public teat for decades.
Who outsourced all of the good jobs from America in order to bolster the 'productivity' of 'American' corporations and increase the profits of stockholders by 12% per year-- year after year-- spiking the Dow Jones from about 1000 or so when Reagan was de-regulator-in-chief to 14,000 where it is now with the 'decider' running the show? Democrats? Communists? Socialists? Progressives?
No, no, no, no, no.
All those groups suck, and I don't like any of them much-- especially the Democrats, but the Republican Party has been about putting Robber Barons in power since Lincoln was assassinated-- they took us over the falls in '29, they used the Cold War as cover to undercut democracy around the world so corporations could have access to cheap labor, and when even that wasn't enough they sold the country to China over the last 20 years. Their systematic opposition to and denial of science-- like for instance evolution, global warming, and what goes up must come down-- has put us on the brink of disaster...
...To understand the White House’s blueprint for regulating the financial markets, start with what the Bush administration did not do. It did not offer America a plan to respond to the ongoing credit crisis or to the Federal Reserve’s dramatic intervention to prevent the collapse of Bear Stearns. It certainly did not provide a roadmap for avoiding this sort of meltdown in the future.
The Fed’s role in the Bear debacle has put taxpayers at risk of having to shoulder big losses, but the administration’s so-called regulatory reform does not address what the Bear mess made obvious: if something goes badly wrong in under-regulated or unregulated corners of the financial markets, it could topple the whole system.
In fact, the blueprint was mostly developed before the current financial crisis and accordingly comes across as outdated. The message of the administration’s proposals is that the markets will — and should — return to where they were before the near-collapse of Bear Stearns. It’s doubtful whether many of its suggested policies would have been apt even in that earlier context. It’s indisputable that they are inapt now.
It will be up to Congress — and the next administration — to create the necessary new rules for 21st-century financial markets. These include requirements that firms engaged in risky financial behavior maintain large amounts of high-quality capital, other limits on borrowed money and complex derivatives and incentives for bankers’ pay that hold them accountable for losses...
...FACT: First of all, a demonstration of equal or greater size (according to varying estimates) occurred in San Francisco on the same day. The Times did report the San Francisco protest in its corresponding 2003 article (a link is provided beneath the timeline). So, to put it mildly, it's a peculiar omission. Additionally, employing terminology such as "tens of thousands" rather than, say, 200,000 - the estimated number of participants in both DC and San Francisco on Jan. 18, 2003 - is patently misleading. (The San Francisco police department's original calculations, by the way, were 40,000 before it altered its count several times, from 55,000 to 100,000-125,000 a few days later, to then stating 150,000 a "safe estimate," while also conceding it could've been closer to 200,000.) The mainstream media, led by The Times, has regularly used such language to describe the number of Iraq War protesters. Such statistically blunting nomenclature has been a gift to the Bush White House and an assault on the most American of activities: peaceful dissent.
As the Jan. 26, 2003 editorial in the Santa Rosa Press Democrat noted: "A demonstration of 40,000 is newsworthy. A protest of 150,000 to 200,000 is historic."
Yet even more egregious than this entry was the timeline's failure to mention what was arguably the single largest day of protest in recorded human history: February 15, 2003, in which up to 30 million people in over 600 towns and cities across the globe protested the imminent invasion of Iraq. Roughly half a million people gathered in New York City alone. The 3 million who protested in Rome entered the Guinness World Records as the "Largest Anti-War Rally" ever...
...The financial events of the last seven months, and especially the past few weeks, have convinced all but a few diehards that the U.S. financial system needs major reform. Otherwise, we’ll lurch from crisis to crisis — and the crises will get bigger and bigger.
The rescue of Bear Stearns, in particular, was a paradigm-changing event.
Traditional, deposit-taking banks have been regulated since the 1930s, because the experience of the Great Depression showed how bank failures can threaten the whole economy. Supposedly, however, “non-depository” institutions like Bear didn’t have to be regulated, because “market discipline” would ensure that they were run responsibly.
When push came to shove, however, the Federal Reserve didn’t dare let market discipline run its course. Instead, it rushed to Bear’s rescue, risking billions of taxpayer dollars, because it feared that the collapse of a major financial institution would endanger the financial system as a whole.
And if financial players like Bear are going to receive the kind of rescue previously limited to deposit-taking banks, the implication seems obvious: they should be regulated like banks, too.
The Bush administration, however, has spent the last seven years trying to do away with government oversight of the financial industry. In fact, the new plan was originally conceived of as “promoting a competitive financial services sector leading the world and supporting continued economic innovation.” That’s banker-speak for getting rid of regulations that annoy big financial operators.
To reverse course now, and seek expanded regulation, the administration would have to back down on its free-market ideology — and it would also have to face up to the fact that it was wrong. And this administration never, ever, admits that it made a mistake.
Thus, in a draft of a speech to be delivered on Monday, Henry Paulson, the Treasury secretary, declares, “I do not believe it is fair or accurate to blame our regulatory structure for the current turmoil.”
And sure enough, according to the executive summary of the new administration plan, regulation will be limited to institutions that receive explicit federal guarantees — that is, institutions that are already regulated, and have not been the source of today’s problems. As for the rest, it blithely declares that “market discipline is the most effective tool to limit systemic risk.”
The administration, then, has learned nothing from the current crisis. Yet it needs, as a political matter, to pretend to be doing something.
So the Treasury has, with great fanfare, announced — you know what’s coming — its support for a rearrangement of the boxes on the org chart. OCC, OTS, and CFTC are out; PFRA and CBRA are in. Whatever.
Will rearranging these boxes make any difference? I’ve been disappointed to see some news outlets report as fact the administration’s cover story — the claim that lack of coordination among regulatory agencies was an important factor in our current problems.
The truth is that that’s not at all what happened. The various regulators actually did quite well at acting in a coordinated fashion. Unfortunately, they coordinated in the wrong direction.
For example, there was a 2003 photo-op in which officials from multiple agencies used pruning shears and chainsaws to chop up stacks of banking regulations. The occasion symbolized the shared determination of Bush appointees to suspend adult supervision just as the financial industry was starting to run wild.
Oh, and the Bush administration actively blocked state governments when they tried to protect families against predatory lending...

"There is only one thing for it then--to learn. Learn why the world wags and what wags it. That is the only thing which the mind can never exhaust, never alienate, never be tortured by, never fear or distrust, and never dream of regretting..."
-T.H. White, The Once and Future King
No Hell below us,
above us only sky...
-John Lennon, Imagine