Obama's bait and switch
a few points: Face it - Obomba has pulled the "bait-and-switch on us! The amounts of derivitives (phony money - basically a bet on a bet on a bet on whether a stock will go up or down) is around 500 trillion....the world economy is around 60 trillion.... The Elizabeth Warren sponsered Consumer Finance Protection Agency as written by the fascists in Congress-chief among them Chris Dodd-a democrat, will be an "independent" beyond the purview of the Congress, have unlimited funds and be non-auditable and appointed by the President - that sounds like a disaster waiting to happen.......
let's remember that the modern term of FASCISM was defined by mussulini as the merger of government and corporations)
And let's also remember that Lloyd Blankefein-CEO of Goldman Sachs and Jamie Dimon CEO of jp morgan chase went to congress last week and said " get used to a bubble and a bursting of that bubble every 5-7 years..it's unavoidable" No one in congress challenged them or even said we went almost 50 years (1934-1982 until the bush family created savings and loan disaster) without the bubble and burst!
Has everyone read Naomi Klein's book " the shock doctrine"? If not it should be required reading. Another great book is the "confessions of an economic hitman" by john perkins
I'd argue we are in the middle of a major coup in America using the methods shown very clearly in laymans terms in those books.
And the unemployment rate for the working poor IS AT GREAT DEPRESSION rates. And when was the last time someone heard Obomba say the word POOR? He only mentions the middle class - which is shrinking drastically. The best way to help the middle class is to help the working poor make a living wage - thereby allowing them to ENTER the middle class.
"Bob Herbert's column in yesterday's New York Times pointed out that the unemployment crisis is not hitting all parts of the income spectrum equally. I was pretty stunned by the numbers, which go like this:
Range of incomes (by decile) Unemployment rate
$12,160 or less 30.8%
$12,160-$20,725 19.1%
$20,725-$29,680 19.7% 15.3%
$29,680-$39,000 12.2%
$39,000-$50,000 9.0%
$50,000-$63,000 7.8%
$63,000-$79,100 6.4%
$79,100-$100,500 5.0%
$100,150-$138,700 8.0% 4.0%
$138,700+ 3.2%"
WE need to start emailing every one of these columnists every time we read a story that gets the corruptness down, BUT lacks the call for a progressive 3rd party, to support the GREEN PARTY!
I believe the GREENS need to push for a nationalization of the Federal Reserve - which is currently a private organization owned by their member banks. According to Paul Krugman - the Fed bailouts (as differentiated from the Treasury bailouts) are over 23 trillion - while the amount of residential mortgages is around 11-12 trillion. So we've giving the banksters 2x the amount it would have cost to pay off EVERY MORTGAGE IN AMERICA. Most of that was interest free by the way!
AND that was on the demoncrats watch.......
So in the Obomba term we've now had the:
1. Honduras solution - military coup
2. greece solution - financial coup orchestrated by goldman sachs - sound familiar?
3. haiti solution - based on the katrina solution of using a natural disaster to privatise and corporatise a region.....
here's some good news sources to trust:
1 democracy now!
2. common dreams - especially the comment section.
3. kpfa radio - "flaspoints by dennis bernstein"
4. kpfa - "free speech radio news" out of eugene - my college town! a little different from the flathead to say the least!
5. thom hartmann radio show - although he's been a little slow on the "support a demoncrat" rhetoric
6. kpfa - the Visionary Activist show - not really the news but it's sure nice to hear an enlightened voice when you're stuck in the trenches battling the enemies of freedom.
some great speeches by past presidents with the courage to take on the monied elite:
Teddy Roosevelt - http://www.ssa.gov/history/trspeech.html
FDR http://history.sandiego.edu/gen/text/us/fdr1936.html
Both should be required reading!
the best thing is that democracy now! and the kpfa shows are all available on podcast for FREE!
as they say democracy is a full contact sport - get active!
Voting your conscience is NEVER a wasted vote!
and voting for the lesser of 2 evils is still voting for evil!
GO GREEN!

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