Jun 192013
 

I’m writing early, and tomorrow will be day five.  I’m having trouble with irritation with patches.  I scratched one off in the middle of the night and woke up craving.  Grrr!

Jig Zone Puzzle:

Today’s took me 2:36 (average 4:14).  To do it, click here.  How did you do?

Fantasy Football:

I OOPSED!! We filled three out of five spots for our fantasy football league.  For more information about the last two spots, check Monday’s article.

Short Takes:

From NJ.com: Two liberal groups say they’ve found a “smoking gun” in a century-old state law that could force Gov. Chris Christie to schedule the general election in November.

New Jersey Citizen Action and New Jersey Communities United in a brief today, told the state Supreme Court today that the state’s 1915 law on filling U.S. Senate vacancies said that unless the vacancy occurred shortly before the next general election, it should be filled at the closest general election.

The purpose, according to drafters of the original law, was to “avoid the expenses of special elections for United States Senators and Congressmen.”…

I would love to see it, because, if both the Senate vote, and the General Election are combined, as they should be, turnout for Booker will assist down-ballot Democrats, and that's exactly what Christy want's to spend $12+ million of NJ taxpayer's money to avoid.

From MSNBC: Is Miss Utah planning a career in Congress?

Visit NBCNews.com for breaking news, world news, and news about the economy

She had her talking points, and she was bound and determined to stick with them regardless of the question asked. It's sad to see such goose-stepping at such a young age. That she comes from a Red State was quite apparent, because her opinion trumped her intellect.

From Alternet: Bank of America’s mortgage servicing unit systematically lied to homeowners, fraudulently denied loan modifications, and paid their staff bonuses for deliberately pushing people into foreclosure: Yes, these allegations were suspected by any homeowner who ever had to deal with the bank to try to get a loan modification – but now they come from six former employees and one contractor, whose  sworn statements were added last week to a civil lawsuit filed in federal court in Massachusetts.

“Bank of America’s practice is to string homeowners along with no apparent intention of providing the permanent loan modifications it promises,” said Erika Brown, one of the former employees. The damning evidence would spur a series of criminal investigations of BofA executives, if we still had a rule of law in this country for Wall Street banks… [emphasis added]

Click through for the rest of this highly enlightening article. BofA employees were told to lie to customers to trick them into foreclosure. Bring on the DOJ!

Cartoon:

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Jun 162013
 

I’m writing early, and it’s day 1.  A forecast heat wave looks like it will be far less severe than anticipated, so today will likely be the only hot day.  I have remained silent on Syria intervention, which I consider a mistake, because I’m wafting for specifics to which to respond.  For now, McConJob is still insane!

Jig Zone Puzzle:

Today’s took me 4:00 (average 4:57).  To do it, click here.  How did you do?

Short Takes:

From Think Progress: One week after conceding that it underestimated the negative impact of austerity measures in Greece, the International Monetary Fund (IMF) is condemning American lawmakers’ rapid turn to spending cuts. The fund’s analysts say that “an excessively rapid pace of fiscal deficit reduction” will cost the country between 1.25 and 1.75 percent points of GDP growth this year, and it now projects just 1.9 percent total growth for 2013.

The IMF notes that the wound is self-inflicted and offers three specific suggestions for salving it:

Repeal the sequester and adopt a more balanced and gradual pace of fiscal consolidation. […]

Raise the debt ceiling to avoid a severe shock to the United States and the global economy.

Adopt a comprehensive and back-loaded set of measures to restore long-run fiscal sustainability. […] New revenues could be raised through a reduction in tax exemptions and deductions, as well as though the introduction of a carbon tax and a value added tax. Spending measures would need to curb the growth in public health care and pension outlays.

The report also notes that sequestration’s damage will carry on past the near future and warns that its “arbitrary reductions in education, science, and infrastructure spending could also reduce medium-term potential growth.”

From this one might think that the Republican Party is ignorant with respect to the effects of their austerity programs. Think again. They know exactly what the effects are, and it’s intentional. Sabotaging the American people is sedition.

From Raw Story: Bank of America employees regularly lied to homeowners seeking loan modifications, denied their applications for made-up reasons, and were rewarded for sending homeowners to foreclosure, according to sworn statements by former bank employees.

The employee statements were filed late last week in federal court in Boston as part of a multi-state class action suit brought on behalf of homeowners who sought to avoid foreclosure through the government’s Home Affordable Modification Program (HAMP) but say they had their cases botched by Bank of America.

Since the evidence is apparent, DOJ should be using it in a criminal complaint against the Banksters.

From The Hill: A recent briefing by senior intelligence officials on surveillance programs failed to attract even half of the Senate, showing the lack of enthusiasm in Congress for learning about classified security programs…

Only 47 of 100 senators attended the 2:30 briefing, leaving dozens of chairs in the secure meeting room empty as Clapper, Alexander and other senior officials told lawmakers about classified programs to monitor millions of telephone calls and broad swaths of Internet activity. The room on the lower level of the Capitol Visitor Center is large enough to fit the entire Senate membership, according to a Senate aide.  [emphasis added]

What can I say? This is a national shame!

Cartoon:

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May 272013
 

We are still suffering the effects of economic collapse, brought on by the greed of criminal Banksters.  In spite of that, they still threaten our economy, because they own the Republican Party, lock, stock and barrel, in addition to a significant minority  of Congressional Democrats.  A new report from community banks and a new segment from Bill Moyers Journal, demonstrate this well.

27TBTF

The Independent Community Bankers of America released a report on Wednesday that examines the impact of too-big-to-fail institutions on the American economy and why the problem needs to be addressed.

“ICBA is pleased to unveil this comprehensive report, which is an excellent roadmap for helping everyone from consumers to policymakers understand how too-big-to-fail affects our nation’s economy and what they can do to help bring an end to this dangerous practice,” ICBA President and CEO Camden R. Fine said. “As we outline in the report, too-big-to-fail distorts free markets, incentivizes risky behavior, holds taxpayers hostage to bailouts, and creates unfair competitive advantages for the largest banks. But there is perhaps no greater reminder of the too-big-to-fail impact than the constant, oppressive regulatory burdens that community banks face on a daily basis. I encourage everyone who feels passionately about the health of our financial system to read this timely report.”

The report found that the 12 largest U.S. banks hold nearly 70 percent of all industry assets and that they get credit at rates “that do not reflect their true risk—rates that are subsidized by an implicit taxpayer guarantee.”

Additionally, the report pointed to a recent statement by Attorney General Eric Holder, in which he said the Department of Justice is aware that megabanks are TBTF. The report said the banking industry will increasingly become more concentrated as long as the problem of TBTF remains…

Inserted from <Bank Credit News>

Photo credit: Demos.org

You can read the ICBA Report here.

Bill Moyers also provided some excellent coverage on this subject.

MoyersPulitzer Prize-winning New York Times columnist Gretchen Morgenson tells Bill that, five years after the country’s economic near-collapse, banks are still too big to fail, too big to manage, and too big to trust. Stockholders’ reaffirmation of Jamie Dimon as JP Morgan Chase’s chairman and CEO this week — despite a year of accusations and investigations at the bank — is further evidence, she says, of an unchecked system that continues to covet profits and eschew accountability, putting our economy and democracy at risk. Morgenson also discusses how behemoth companies like Apple manipulate the system and avail themselves of the biggest tax loopholes money and influence can buy…

Inserted from <Bill Moyers Journal>

Gretchen summarized the problem well, when she said, "There was just no shame."  This smugness is part of the reason that TBTF = Too Big to Exist.  I do not believe that we can have economic sanity in this nation until we break them up in addition to reinstating Glass-Steagall.  They are demonstrating now that they are also Too Big to Regulate.  To do that we need to replace the Bankster Bought in Congress with progressive legislators.

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Mar 232013
 

last night my fever broke again for the third time.  I hope it stays down.  I’m drinking lots of fluids, dosing heavily with C, and except for feeding myself and this limited effort, staying in bed.  Soon, I hope.

Jig Zone Puzzle:

Today’s took me 3:52 (average 4:50).  To do it, click here.  How did you do?

Short Takes:

From Alternet: $16 billion.

That’s how much JPMorgan Chase has paid in fines, settlements and other litigation expenses in the last four years alone.

More than half of that amount, $8.5 billion, was paid out in fines and settlements as the result of illegal actions taken by bank executives.

$8.5 billion is almost 12 percent of the net income the mega-bank brought in during the same period.

12% is certainly low enough portion of net profit, that it can only encourage more criminal conduct from Banksters.

From Common Dreams:

In a 62-37 vote late Friday, the US Senate passed a non-binding amendment calling for the approval of the controversial Keystone XL pipeline.

Alexander (R-TN), Yea

Ayotte (R-NH), Yea

Baldwin (D-WI), Nay

Barrasso (R-WY), Yea

Baucus (D-MT), Yea

Begich (D-AK), Yea

Bennet (D-CO), Yea

Blumenthal (D-CT), Nay

Blunt (R-MO), Yea

Boozman (R-AR), Yea

Boxer (D-CA), Nay

Brown (D-OH), Nay

Burr (R-NC), Yea

Cantwell (D-WA), Nay

Cardin (D-MD), Nay

Carper (D-DE), Yea

Casey (D-PA), Yea

Chambliss (R-GA), Yea

Coats (R-IN), Yea

Coburn (R-OK), Yea

Cochran (R-MS), Yea

Collins (R-ME), Yea

Coons (D-DE), Yea

Corker (R-TN), Yea

Cornyn (R-TX), Yea

Cowan (D-MA), Nay

Crapo (R-ID), Yea

Cruz (R-TX), Yea

Donnelly (D-IN), Yea

Durbin (D-IL), Nay

Enzi (R-WY), Yea

Feinstein (D-CA), Nay

Fischer (R-NE), Yea

Flake (R-AZ), Yea

Franken (D-MN), Nay

Gillibrand (D-NY), Nay

Graham (R-SC), Yea

Grassley (R-IA), Yea

Hagan (D-NC), Yea

Harkin (D-IA), Nay

Hatch (R-UT), Yea

Heinrich (D-NM), Nay

Heitkamp (D-ND), Yea

Heller (R-NV), Yea

Hirono (D-HI), Nay

Hoeven (R-ND), Yea

Inhofe (R-OK), Yea

Isakson (R-GA), Yea

Johanns (R-NE), Yea

Johnson (D-SD), Yea

Johnson (R-WI), Yea

Kaine (D-VA), Nay

King (I-ME), Nay

Kirk (R-IL), Yea

Klobuchar (D-MN), Nay

Landrieu (D-LA), Yea

Lautenberg (D-NJ), Not Voting

Leahy (D-VT), Nay

Lee (R-UT), Yea

Levin (D-MI), Nay

Manchin (D-WV), Yea

McCain (R-AZ), Yea

McCaskill (D-MO), Yea

McConnell (R-KY), Yea

Menendez (D-NJ), Nay

Merkley (D-OR), Nay

Mikulski (D-MD), Nay

Moran (R-KS), Yea

Murkowski (R-AK), Yea

Murphy (D-CT), Nay

Murray (D-WA), Nay

Nelson (D-FL), Yea

Paul (R-KY), Yea

Portman (R-OH), Yea

Pryor (D-AR), Yea

Reed (D-RI), Nay

Reid (D-NV), Nay

Risch (R-ID), Yea

Roberts (R-KS), Yea

Rockefeller (D-WV), Nay

Rubio (R-FL), Yea

Sanders (I-VT), Nay

Schatz (D-HI), Nay

Schumer (D-NY), Nay

Scott (R-SC), Yea

Sessions (R-AL), Yea

Shaheen (D-NH), Nay

Shelby (R-AL), Yea

Stabenow (D-MI), Nay

Tester (D-MT), Yea

Thune (R-SD), Yea

Toomey (R-PA), Yea

Udall (D-CO), Nay

Udall (D-NM), Nay

Vitter (R-LA), Yea

Warner (D-VA), Yea

Warren (D-MA), Nay

Whitehouse (D-RI), Nay

Wicker (R-MS), Yea

Wyden (D-OR), Nay

I’m glad I live in Oregon! If you own any of the Democrats bolded in red, please tear them a new lower orifice.  Of course, I don’t have to tell you that every Republican goose-stepped in lock-step for Big Dirty Oil.

From Crooks and Liars: The sheer volume of recent wing nut quotes has forced most thinking Americans to adjust their Sanity-Preserve-O-Meter’s from "Keep Calm" to "Stun". And they probably didn’t even see what we saw. Absurdity Today, Julianna Forlano’s satiric news parody, serves up what you missed, with a side of sense.

 

The commentator was brilliant, but not so the Republicans. They proved the 11th Commandment. Thou shalt not commit TEAbuggery!

Cartoon:

23Cartoon

Note that there as absolutely no relationship between liberty and InsaniTEA.

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Mar 152013
 

Yesterday was a perfect balance between researching, blogging and napping.  I’m current with replies.  Tomorrow appears routine.

Jig Zone Puzzle:

Today’s took me 5:02 (average 6:23).  To do it, click here.  How did you do?

Short Takes:

From MoveOn: INSPIRING: Former GOP Lawmaker Admits To A Huge Mistake

 

I have to admire the integrity of this Republican, although I’m sure that her party does not share my respect for her.

From NY TimesJPMorgan Chase, the nation’s biggest bank, ignored internal controls and manipulated documents as it racked up trading losses last year, while its influential chief executive, Jamie Dimon, briefly withheld some information from regulators, a new Senate report says.

The findings by the Congressional investigators shed new light on the multibillion-dollar trading blunder, which has claimed the jobs of several top executives and prompted an inquiry by the Federal Bureau of Investigation. The 300-page report, released a day before a Senate subcommittee plans to question bank executives and regulators at a hearing, will escalate the debate over how to police complex risk-taking on Wall Street. It may also foreshadow a criminal case against employees at the heart of the troubled wager.

If this does not trigger criminal charges, it will signal the need to replace the top people at DOJ.

From Washington Post: Schultz-hosted “The Ed Show” will be moved from its 8 p.m. weekday berth to weekend evenings, starting next month…

…Hayes, who has hosted weekend morning show “Up w/Chris Hayes,” is moving to the 8 pm. weekday slot, leading in to “The Rachel Maddow Show,” starting April 1. (Hayes has regularly served as guest host for “The Rachel Maddow Show” and “The Last Word with Lawrence O’Donnell.”)

I definitely like Chris Hayes, and Ed will become a good video source on the weekends. This might not be so bad.

Cartoon:

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Mar 102013
 

Yesterday I slept virtually all day, and it was just what I needed.  I’m feeling much better, except that I can’t stand springing ahead.  An hour is too valuable to give up.  I have a month’s grocery delivery coming today.  Hopefully unpacking and stowing them won’t take too much out of me.  I’m current with replies, and should be here tomorrow.

Jig Zone Puzzle:

Today’s took me 3:37 (average 4:45).  To do it, click here.  How did you do?

Short Takes:

From MoveOn: WARNING: You May Actually Weep While Watching The Film Version Of Wisconsin’s Epic Uprising [This Short Take is about 1 1/4 hours long.]

 

Walker sucked so much Koch that he is still Fartfuhrer of Fitzwalkerstan. Through the dedication of oppressed people like these, that SHALL change.

From USA Today: President Barack Obama is poised to select Justice Department official Thomas Perez to be the next labor secretary, according to two people familiar with the deliberation process.

With solid support from Labor and Latinos, Perez appears to be an all too infrequent excellent choice.

From The Hill: Attorney General Eric Holder’s surprising comments this week about difficulties prosecuting big banks has lit a new spark under the debate over large financial institutions that has lingered for years on Capitol Hill.

Testifying before the Senate Judiciary Committee Wednesday, Holder tackled a wide range of issues from drone policy to gun control, but it was his comments on big banks, after hours of testimony, that raised eyebrows among Wall Street backers and critics…

…“The size of some of these institutions becomes so large that it does become difficult for us to prosecute them when we are hit with indications that if you do prosecute, if you do bring a criminal charge, it will have a negative impact on the national economy,” he said. “That is a function of the fact that some of these institutions have become too large."

If they are too big to be held accountable for their crimes, which amount to open class warfare, they are too big to exist. Even if breaking them up will hurt the economy, lets get it over with. The longer we wait, the worse it will be.

Cartoon:

10Cartoon

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Feb 242013
 

Yesterday some Immodium AD got half of my problem under control, but when it comes to anything solid,  my stomach is still reversing the old maxim, “What goes up must come down.”  It would be a great time to visit Rush Limbarf.  I’m going to stay down.  I’m current with replies’ and hope to be back tomorrow.

Jig Zone Puzzle:

Today’s took me 5:09 (average 5:49).  To do it, click here.  How did you do?

Short Takes:

From MoveOn: Fox News Doesn’t Fact Check : Lesbian Wedding Edition

24foxwedding500

LMAO!!!! Actually I disagree with the premise. I think Faux Noise, the Republican Ministry of propaganda, fact checks everything. Anything factually accurate ends up on the cutting room floor.

From NY Times: Major banks have quickly become behind-the-scenes allies of Internet-based payday lenders that offer short-term loans with interest rates sometimes exceeding 500 percent.

With 15 states banning payday loans, a growing number of the lenders have set up online operations in more hospitable states or far-flung locales like Belize, Malta and the West Indies to more easily evade statewide caps on interest rates.

While the banks, which include giants like JPMorgan Chase, Bank of America and Wells Fargo, do not make the loans, they are a critical link for the lenders, enabling the lenders to withdraw payments automatically from borrowers’ bank accounts, even in states where the loans are banned entirely. In some cases, the banks allow lenders to tap checking accounts even after the customers have begged them to stop the withdrawals.

This is one of the reasons why the CFPB needs an Director, and why Republicans have said they will filibuster every appointee for this agency. Thank the Nevada Leg Hound, Harry Reid.

From Crooks and Liars: Watch: Paul Ryan on Sequester

 

This is the same Lyin’ Ryan that is now calling it Obama’s sequester.

Cartoon:

24Cartoon

Ironically, the Constitution does not explicitly give them this power.

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