August 2009 archive

On Making Money, Or, Art Can Help New Orleans

The long, lazy days of summer are upon us, and it’s time to have a little fun-but it’s also a great opportunity to volunteer a bit of spare time for a good cause.

So imagine how cool it would be if you could combine the two…and even better, do it in a way that doesn’t take a bite out of your wallet…and even better yet, if it was something you and the kids could do together.

Imagine no more, because it has been done; which is why today we are going to be talking about lead in the soil of New Orleans, Operation Paydirt…and Fundred Dollar Bills.

Docudharma Times Thursday August 6

U.S. Considers Remaking Mortgage Giants

‘Bad Bank’ Would Wipe the Slate Clean for Fannie Mae, Freddie Mac by Taking Their Toxic Loans

By Zachary A. Goldfarb and David Cho

Washington Post Staff Writers

Thursday, August 6, 2009


The Obama administration is considering an overhaul of Fannie Mae and Freddie Mac that would strip the mortgage finance giants of hundreds of billions of dollars in troubled loans and create a new structure to support the home-loan market, government officials said.

The bad debts the firms own would be placed in new government-backed financial institutions — so-called bad banks — that would take responsibility for collecting as much of the outstanding balance as possible. What would be left would be two healthy financial companies with a clean slate.

The moves would represent one of the most dramatic reorderings of the badly shattered housing finance system since District-based Fannie Mae was created by Congress to support mortgage lending during the Great Depression. Both Fannie Mae and Freddie Mac, based in McLean, have government charters to buy home loans from banks, which they then repackage and sell to investors. The banks can then use the proceeds to offer more loans to home buyers.

Blackwater accused of murder in ‘crusade to eliminate Muslims’

From The Times

August 6, 2009


Tim Reid in Washington

A series of allegations including murder, weapons smuggling and the deliberate slaughter of civilians have been levelled against the founder of Blackwater, the security company being investigated for shooting deaths in Iraq.

The accusations, including a claim that the company founder Erik Prince either murdered or had killed former employees co-operating with federal investigators, are contained in sworn affidavits lodged at a Virginia court on Monday night.

The company was the most prominent of an army of private security companies employed by the Pentagon and State Department to protect military convoys and guard US diplomats in Iraq.

The accusations against Mr Prince are being made by two former employees, including a former Marine, who have sworn them anonymously as John Doe No 1 and John Doe No 2, because they said they feared for their lives if their identities were revealed.

Muse in the Morning

Photo Sharing and Video Hosting at Photobucket
Muse in the Morning

2009 Poems


Contact

Compare and Contrast

This space is vast

with room for all of us

to try to live

fulfill our dreams

yearn for love

pursue happiness

The difference

between us

is that some

hate the others

and it is not us

–Robyn Elaine Serven

–July 10, 2009

Late Night Karaoke

Open Thread

Media neglects to mention gym shooter was right-winger and racist

Found this over at Rawstory.com:

How many people realize that the fitness club killer in Pittsburgh was a right-winger and a racist?

I’ll bet almost nobody.

That’s because the media isn’t telling you.    


George Sodini, the man who took the lives of four women, and then his own, at a Pittsburgh-area fitness club Wednesday, leaves behind a long history of right-wing anti-government militancy.

In political rants on the Internet, going back to the early days of the Web, Sodini showed a consistently anti-government attitude. As first reported by Greg Mitchell at his Huffington Post blog, in the mid-1990s Sodini posted to a newsgroup titled misc.activism.militia, where right-wing libertarians and survivalists compared notes on the state of politics, and made plans for upending the “socialist” policies of the Clinton White House. Sodini appeared to support a violent overthrow of the US government in order to return the country to its “Constitutional order.”

(snip)

The Associated Press and other news outlets have omitted references to President Barack Obama, the election of “The Black Man” and remarks that black men have “their choice of the best white” women when republishing excerpts of the diary by a Pittsburgh-area man who killed three women and himself at an LA Fitness gym Tuesday evening.

In fact, the Associated Press’ primary story contains no reference to Obama at all, even though the first entry of the killer’s diary came the day after Obama was elected and references Obama’s election directly.

The omission was noted by the blog of Editor and Publisher.

Have you Hugged your Insurance Company Lately?

If you’re lucky enough to still have Insurance —

1 in 7 Americans Don’t have that Luxury, by the way —

Well you might not feel so Lucky, after learning how much more of the Insurance Premium tab, you have been picking up, over the last several years.

Health Insurance is a “Benefit” of Employmentyeah Right!

A Benefit to the Employer, to keep you locked in your lousy Job.

A Benefit to the Insurer, who has a guaranteed source of Income, every time you get a paycheck!

That “Lucky Insurance Policy” has been to costing you more and more, each year, while promising you less and less, in terms of coverage … this squeeze has been happening for years!

Something is seriously wrong with this Nation’s Broken Health Insurance system

Overnight Caption Contest

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Introducing Manifest Destiny News

I apologize for the deceptive title. My main objective in having written this last year was not to create a new blog (Native American Netroots serves as that function). My main objective was and is to encourage people to blog about the issues that are outlined in this essay, and for the reasons stated herein.  

Pony Party: Cute Critters

Hai, everyone.  It has been too hot today to run the computer for very long, but here are some cute pics for your amusement.  Feel free to post your own pics, vids, or whatever in the comments.

funny pictures
moar funny pictures

Pony Party is an Open Thread.  Please do not rec the party.

Journalist Leila Fadel reflects upon returning from Iraq

 

Leila Fadel is a young, award-winning journalist who has been covering the Iraq war since June 2005. For nearly the past three years, she has been the Baghdad bureau chief for McClatchy Newspapers.

In April, she returned to work in the United States. In an video interview for McClatchy, Fadel observed her life seems detached from reality now that she is working in Washington, D.C. and that Americans may be choosing to forget about Iraq.

“I think it is strange to be in a place that doesn’t feel real to me anymore,” Fadel said. “It’s really hard actually to be in D.C., to be in a place that feels so like life is easy, everything is fine.”

“Just the idea that you can wake up in the morning and go to Starbucks, pick up your paper, read about all the horrible things happening in the world and then go to your nice, air-conditioned office and everything is over. It’s really hard and you feel a bit guilty you can have that life,” Fadel said.

A Time to Throw Down

Remember all of those vicious pricks who stormed the Miami-Dade recount office in the crucial days following the stolen 2000 election? Their goon squad intimidation tactics worked perfectly as the stunned and cowed canvassers and ballot counters were terrified into stopping the counting. The so-called Brooks Brothers riot which was organized by that good ole Texas neo-Nazi Tom DeLay was set up and carried out by a pack of angry white thuggish Republican activists, this is a standard tactic. Whenever the dirty work needs to be done there is never a shortage of knuckle-dragging goons who will eagerly carry out whatever sort of malice that they are commanded to do from their central planners. I bring this up as the news is out that now that the bought and paid for stooges of the vampire Medical Industrial Complex have been sent out to infiltrate and disrupt town hall meetings across the country with their extremist tactics. Tactics which I might add come right out of Hitler 101 and the growing ranks of violent racist freaks are nothing short of an American version of the Sturmabteilung who are more famously known as the Brownshirts.

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