Tuesday, August 11, 2009

Right Wing Extremists Must be Confronted.

If the Right feels about me as I do about them we are moving toward civil war.

The health care insurance town hall disruptions are a tactical continuation of the phony Right wing riot that ended the 2000 vote recount in Miami. Liberals, Progressives and organized labor must confront these neo fascists whenever they use these anti democratic tactics. American fascism always lurks close by and is an ever present threat to our way of life and we must be ready to fight it at every turn.

Tuesday, June 30, 2009

Mark Sanford and Maria

My God Mark, stop dithering and make the bold move. Keep the mistress, dump the wife and bag being governor. Catch the next plane to Argentina and figure it out later what the next move is. The world does not need another repressed, cowardly, image driven political hack. Face it you are never going to be president but at least you can become a legend.

Tuesday, April 07, 2009

Let the banks and brokers go down

I'm getting nervous about Obama's economic team and their plan.

What most concerns me is that they seem focused on repair and restoration rather than on replacement and invention. I'm looking for generation, not regeneration and most of Obama's team seem to come with minds shaped by long submersion in the troubled waters of our recent bank and investment cultures. His guys apparently are not capable of blowing the doors off what is and coming up with something entirely new. Or maybe they know what they are doing but are so deeply vested in the dead and dieing financial institutions that they are compelled by self interest to try to resuscitate them.

I don't own stock and I don't give a damn if the failed banks go down.

Wednesday, March 11, 2009


Wasn't somebody supposed to take care of that?
WASHINGTON - The federal agency that insures bank deposits, which is asking for emergency powers to borrow up to $500 billion to take over failed banks, is facing a potential major shortfall in part because it collected no insurance premiums from most banks from 1996 to 2006.

The Federal Deposit Insurance Corporation, which insures deposits up to $250,000, tried for years to get congressional authority to collect the premiums in case of a looming crisis. But Congress believed that the fund was so well-capitalized - and that bank failures were so infrequent - that there was no need to collect the premiums for a decade, according to banking officials and analysts.

Now with 25 banks having failed last year, 17 so far this year, and many more expected in the coming months, the FDIC has proposed large new premiums for banks at the very time when many can least afford to pay. The agency collected $3 billion in the fees last year and has proposed collecting up to $27 billion this year, prompting an outcry from some banks that say it will force them to raise consumer fees and curtail lending.

Link via Eschaton

Bushville? or Cheneyville? you pick

If you are a member of the working class without rich relatives you might check up on your camping gear. Shakeout the tent, check the Coleman stove, air out the sleeping bags because it could be you are in for a stretch at a Bushville campground for the homeless.

No doubt Cheney and his Wall Street cronies thinks all this is a healthy weed out of the dead wood (that would be you and me).

Here's a link to an NY Times article on tent cities.

Sunday, February 22, 2009


I miss a lot. Didn't know, for example, that Billmon had resumed posting, now in a diary at Kos. Found it this morning by way of naked capitalism. So, this afternoon I'm going sit back and read all Billmon's posts. After a quick survey it looks like they began last July.

Billmon's posts are here: link. If a post catches your interest make sure you click through on the "there's more" link.

Thursday, February 19, 2009

Shoe thrower

Muntadher al-Zaidi, the Iraqi journalist on trial for throwing his shoes last year at then-President George W. Bush, said the former American leader's "bloodless and soulless smile" and his joking banter provoked him.

Rescue Via a Blue Swan

Whatis the blue swan you ask? It is immediate rescue via an unforeseen agent. In our present situation it could be:

New technology that delivers free energy.

Arrival of friendly flying saucer people who teach us how to fly unaided, heat our homes and light our cities with hydrogen, live forever, and instantly transport ourselves and goods to markets in other galaxies.