Category: Barack Obama

Criminal Dissent: Update

Cross posted from The Stars Hollow Gazette

The “Good Guys” won one.

Back in January of this year Chris Hedges, Pulitzer Prize-winning war correspondent Chris Hedges, became the lead complainant in a law suit against the Obama administration after President Obama signed the National Defense Authorization Act on December 21, 2011:

Hedges asserted that section 1021 (pdf) of the bill, which authorized indefinite military detention for “a person who was a part of or substantially supported al-Qaeda, the Taliban, or associated forces that are engaged in hostilities against the United States or its coalition partners, including any person who has committed a belligerent act or has directly supported such hostilities in aid of such enemy forces,” left him, as a working journalist, vulnerable to indefinite detention because neither Congress nor the president defined the terms “substantial support,” “associated forces” or “directly supported.” [Emphasis added.]

After several hearings on the whether or not the plaintiffs had standing,on May 16, US District Court Judge for the Southern District of New York Katherine B. Forrest issued a preliminary injunction enjoining the enforcement of 1021. On September 12, Judge Forrest made that injunction permanent

Wednesday’s 112-page opinion turns the temporary injunction of May into a permanent injunction. The United States appealed on August 6.

The permanent injunction prevents the U.S. government from enforcing a portion of Section 1021 of the National Defense Authorization Act’s “Homeland Battlefield” provisions. [..]

“This court does not disagree with the principle that the president has primacy in foreign affairs,” the judge said, but that she was not convinced by government arguments.

“The government has not stated that such conduct – which, by analogy, covers any writing, journalistic and associational activities that involve al Qaeda, the Taliban or whomever is deemed “associated forces” – does not fall within ยง 1021(b)(2).”

This ruling of course will be appealed. In the meantime, journalists, reporters, humanitarian aid workers are still protected by the Constitution. We owe a hearty “thank you” to Judge Forrest for not abdicating her judicial responsibilities. But most of all the Chris Hedges and the other six members of the “Freedom 7“: Pentagon Papers journalist Daniel Ellsberg; author Noam Chomsky; Icelandic parliamentarian Birgitta Jonsdottir; Occupy London activist Kai Wargalla; activist Alexa O’Brien, who believes she lost her day job because of McCarthyite suggestions her work with Occupy Wall Street/Day of Rage was somehow connected to Islamic radicals; and Jennifer “Tangerine” Bolen is the founder and Executive Director of RevolutionTruth.

US Envoy & 3 Others Killed in Libya

Cross posted from The Stars Hollow Gazette

US Ambassador J. Christopher Stevens and three other American foreign service officers were killed in an attack on the US Consulate in Benghazi, Libya. The American news media is reporting that the attacks were spurred by an obscure film that was insulting to the Muslim religion that was promoted by anti-Islamic Florida pastor Terry Jones. The foreign press said that it may have been started by “hardline jihadists:”

The exact circumstances of the ambassador’s death remain unclear. On Tuesday night a group of extremists attacked the US consulate building in Benghazi, setting it on fire, and killing one US diplomatic officer.

On Tuesday the US state department confirmed that one of its employees had been killed by the mob that stormed the US mission in Benghazi, incensed by a US film that they deemed blasphemous to the prophet Muhammad. Libyan officials said Stevens and two security staff were in their car when gunmen fired rockets at it, Reuters reported. The official said the US military had sent a military plane to transport the bodies to Tripoli and to fly them back to the US.

One witness told the Guardian on Wednesday that a mob fired at least one rocket at the US consulate building in Benghazi and then stormed it, setting everything ablaze. “I was there about an hour ago. The place [consulate] is totally destroyed, the whole building is on fire,” said Mohammed El Kish, a former press officer with the National Transitional Council, which handed power to an elected parliament last month. He added: “They stole a lot of things.”

Kish, who is from Benghazi, blamed the attack on hardline jihadists. He said locals in Benghazi were upset by the activities of Islamist groups and would revolt against them. He also said the US consulate was not well protected, unlike the fortified US embassy in the capital, Tripoli. “It wasn’t that much heavily guarded. In Tripoli the embassy is heavily guarded.”

One of the other foreign service officers killed, Sean Smith, was mourned by the gaming community were he was an active participant and often spoke about his job.

President Barack Obama, speaking from the White House, strongly condemned the violence:

“These four Americans stood up for freedom and human dignity,” Mr. Obama said in a televised statement from the White House Rose Garden where he stood side-by-side with Secretary of State Hillary Rodham Clinton. “Make no mistake: we will work with the Libyan government to bring to justice the killers who attacked our people.”

 Mr. Obama also offered praise for the Libyan government, noting that Libyan security forces fought back against the mob, helped protect American diplomats and took Mr. Stevens’s body to the hospital. “This attack will not break the bonds between the United States and Libya,” he said. [..]

“While the United States rejects efforts to denigrate the religious beliefs of others, we must all unequivocally oppose the kind of senseless violence that took the lives of these public servants,” Mr. Obama said, calling Mr. Stevens “a courageous and exemplary representative of the United States” who had “selflessly served our country and the Libyan people at our mission in Benghazi” and, as ambassador, “supported Libya’s transition to democracy.”

Secretary of State Hillary Clinton, who appeared visibly upset, made this statement:

“This is an attack that should shock the conscience of people of all faiths around the world,” Mrs. Clinton said. “We condemn in the strongest terms this senseless act of violence and we send our prayers to the families, friends and colleagues of those we’ve lost.”

Mrs. Clinton described the Benghazi assailants as “a small and savage group, not the people or government of Libya.”

Only two of those killed have been identified, Amb. Smith and Foreign Service Off. Sean Smith

Riding Chariots of Fire

The tens of millions of Americans planning to vote for Romney and Republican candidates or Obama and Democratic candidates still don’t seem to understand how broken the political system is, they still can’t seem to grasp that there isn’t much point in voting when Wall Street owns 90 percent of the politicians.  They don’t like to think about politics, they can’t see the relentless corporate agenda behind all of the two-party system posturing, but they’ve seen plenty of movies, so maybe it can all be explained to them this way . . .  

The two-party system has torched you like The English Patient, your civil liberties are Gone With the Wind, open your newspaper and all you see is Pulp Fiction.  Nixon said he’d bring us together again, but we got Haldeman and Ehrlichman and their Little Shop of Horrors, Reagan promised morning in America, but we got Dog Day Afternoon, Bush promised compassionate conservatism, but we got the Texas Chain Saw Massacre, the bankers and corporations promised jobs and prosperity, but we got Apocalypse Now.  

Put your popcorn down and tell me, do you understand what’s been happening here YET?

No?

Well here’s a red-white-and-blue clue for you . . .

capitalism  

We All Shine On

John Lennon . . .

I’m sick and tired of hearing things from uptight, short-sighted, narrow-minded hypocrites. All I want is the truth.  Just gimme some truth.

Politicians don’t tell us the truth, the conventions are meaningless, the political system is rigged, the government, the economy, and the media are controlled by uptight, short-sighted, narrow-minded hypocrites.  They have immense power and material wealth, they all have a very high opinion of themselves, but one artist with a conscience and the truth is worth more to humanity than every politician, banker, and businessman who ever lived.

John Lennon had a conscience, he told the truth, about himself, about society, about politics, about what matters and what doesn’t.

Why in the world are we here?

Surely not to live in pain and fear.

We have to shine on, no matter what. We have to shine on because the night has come and the land is dark.  We have to stand by each other, we have to pick each other up when we fall.  That’s not socialism, it’s not Marxism, it’s not entitlement fever, it’s why we’re here.  Making money isn’t what life’s about, seeking power over others isn’t what life’s about, helping each other is what life’s about.    

Obama Will Not Prosecute Torture

Cross posted from The Stars Hollow Gazette

We know that the Obama administration was determined to never prosecute any of the main architects of the Bush regime torture program, or close Guantanamo. Last week while everyone was focused on the Republican Party Convention in Tampa, the Department of Justice announced that it is formally ending its investigation of the CIA’s “enhanced interrogation” program with out bringing criminal charges:

Attorney General Eric H. Holder Jr. announced Thursday that no one would be prosecuted for the deaths of a prisoner in Afghanistan in 2002 and another in Iraq in 2003, eliminating the last possibility that any criminal charges will be brought as a result of the brutal interrogations carried out by the C.I.A.

Mr. Holder had already ruled out any charges related to the use of waterboarding and other methods that most human rights experts consider to be torture. His announcement closes a contentious three-year investigation by the Justice Department and brings to an end years of dispute over whether line intelligence or military personnel or their superiors would be held accountable for the abuse of prisoners in the aftermath of the terrorist attacks of Sept. 11, 2001.

Mr. Holder had stated that the DOJ would not charge any of the interrogators if they had acted strictly in accordance with the department’s legal advice. Thus giving legitimacy to the “we were just following orders” defense that was rejected when used by German war criminals at Nuremberg. Mr. Holder just thumbed his nose at established international law, as well.

The lame excuse that there is a lack of solid evidence is just ludicrous, as David Dayen wrote in his article at FDL News Desk:

This was the investigation headed by John Durham, the federal prosecutor selected in August 2009 to look into charges of torture in CIA interrogations during the Bush Administration. We know plenty about those charges. The Justice Department released a previously classified document around the same time that they named Durham to lead the investigation, detailing the methods they used to interrogate suspects, including plenty of metMr. Obamahods that a plain reading would consider to be torture. This included waterboarding, stress positions, mock executions, threatening with handguns and power drills, vowing to kill or rape members of a detainee’s family, and inducing vomiting. [..]

In July 2010, federal judge and former Bush-era Justice Department official Jay Bybee, who wrote many of the Administration’s guidelines on interrogation, admitted to a House committee that CIA personnel never asked for approval for many of the interrogation techniques they used, that they went further than the prescribed guidelines from him, and that the ones he did prescribe were used excessively. Even if you believe that Bybee’s techniques were legal and did not violate federal and international conventions against torture, his testimony revealed clearly that CIA interrogators broke the law. Despite this prima facie evidence of unauthorized interrogation, the investigation went nowhere.

From the very start of his administration Pres. Obama and his officials have shielded the Bush torturers from all accountability, despite his campaign promise to have his Justice Department thoroughly investigate any charge of torture because no one is above the law. Then, even before he was inaugurated Mr. Obama declared that he was apposed to any of these investigations declaring  “we must look forward, not backward.”

Glenn Greenwald writing for The Guardian, reviews the timeline of decisions that has lead to a whitewash of the “war on terror crimes.”

Throughout the first several months of his presidency, his top political aides, such as the chief of staff, Rahm Emanuel and his press secretary, Robert Gibbs, publicly – and inappropriately – pressured the justice department to refrain from any criminal investigations. Over and over, they repeated the Orwellian mantra that such investigations were objectionable because “we must look forward, not backward“. As Gibbs put it in April 2009, when asked to explain Obama’s opposition, “the president is focused on looking forward. That’s why.

On 16 April 2009, Obama himself took the first step in formalizing the full-scale immunity he intended to bestow on all government officials involved even in the most heinous and lethal torture. On that date, he decreed absolute immunity for any official involved in torture provided that it comported with the permission slips produced by Bush department of justice (DOJ) lawyers which authorized certain techniques. “This is a time for reflection, not retribution,” the new president so movingly observed in his statement announcing this immunity. Obama added:

   “[N]othing will be gained by spending our time and energy laying blame for the past … we must resist the forces that divide us, and instead come together on behalf of our common future.” [..]

(I)n August 2009, Holder announced a formal investigation to determine whether criminal charges should be brought in over 100 cases of severe detainee abuse involving “off-the-books methods” such as “mock execution and threatening a prisoner with a gun and a power drill”, as well as threats that “prisoners (would be) made to witness the sexual abuse of their relatives.” But less than two years later, on 30 June 2011, Holder announced that of the more than 100 cases the justice department had reviewed, there would be no charges brought in any of them – except two.

Glenn goes on to discuss the evidence in those two brutal cases that the justice department has now closed without charges and how the Obama administration even shut down investigations by Spain and Germany:

Moreover, Obama’s top officials, as WikiLeaks cables revealed, secretly worked with GOP operatives to coerce other countries, such as Spain and Germany, to quash their investigations into the US torture of their citizens, and issued extraordinary threats to prevent British courts from disclosing any of what was done. And probably worst of all, the Obama administration aggressively shielded Bush officials even from being held accountable in civil cases brought by torture victims, by invoking radical secrecy powers and immunity doctrines to prevent courts even from hearing those claims.

Meanwhile, the Obama administration has prosecuted whistleblowers with a vigor that has surpassed all other presidents. In the NY Times article, Mr Holder noted one case in his announcement:

While no one has been prosecuted for the harsh interrogations, a former C.I.A. officer who helped hunt members of Al Qaeda in Pakistan and later spoke publicly about waterboarding, John C. Kiriakou, is awaiting trial on criminal charges that he disclosed to journalists the identity of other C.I.A. officers who participated in the interrogations.

Glenn appeared on Democracy Now with host Amy Goodman to discuss Mr. Holder’s announcement. During the seven minute interview they also discussed Clint Eastwood’s conversation with an empty chair at the RNC Convention,

Mr. Holder covers up the evidence, allows the real criminals to walk, instead prosecuting those who spoke out about the crimes.

Is this the change we are suppose to believe in and vote to reelect?  

Definition of Insanity: Obama

Cross posted from The Stars Hollow Gazette

In an interview with AP reporter Ben Feller, President Obama gave his “vision” of how his second term would be different. If he really believes that this will happen, he has a big problem with the reality of what has gone on for the last three and a half years:

“Obama also offered a glimpse of how he would govern in a second term of divided government, insisting rosily that the forces of the election would help break Washington’s stalemate. He said he would be willing to make a range of compromises with Republicans, confident there are some who would rather make deals than remain part of “one of the least productive Congresses in American history.”  [..]

Obama’s view of a different second-term dynamic in Washington, even if both he and House Republicans retain power, seems a stretch given the stalemated politics of a divided government. He said two changes – the facts that “the American people will have voted,” and that Republicans will no longer need to be focused on beating him – could lead to better conditions for deal-making.

If Republicans are willing, Obama said, “I’m prepared to make a whole range of compromises” that could even rankle his own party. But he did not get specific.”

Pres. Obama doesn’t need to “get specific” because we all know it would mean implementing the “Grand Bargain” that would destroy the social safety nets and making the Bush tax cuts permanent. He has already told the New York Times that he’s frustrated that he and the Democrats have not gotten credit for their willingness to accept cuts in Medicare and Social Security.

Transcript of the entire interview is here. h/t David Dayen at FDL News Desk

The problem here is 99% of Americans are getting screwed by Obama’s insane fetish with bipartisanship that hasn’t worked. Obama has been the best thing to happen to the Republican Party since Ronald Reagan.

They’re Fired Up, They’re Ready To Go

Fear not, wanderers in this WTF Wilderness.  Be not dismayed, let not your hearts be troubled.  Lift up your eyes like you never have before, and behold the shiny objects flashing around the White House and the DNC.  Look upon them in wonder and sing hallelujah, for salvation is at hand.   Again.  

Fired up!    

Ready To Go!

I hope Obama and the clap louder crowd at Kos Communications will forgive me, but I’m not fired up.  I’m not ready to go.  The idiocy on full display every hour of every day on the campaign trail exposes how far gone this country’s political system is.  We don’t see any real political debate, we don’t hear any real political commentary, there’s no dialogue about the fundamental problems we’re facing, no real solutions are offered. It’s not a campaign.  It’s a beer commercial.  

Tastes Great!   Less Filling!

U.S. In Distress Corporate capitalism tastes great.  No, it’s less filling.  Gosh, I just can’t decide who’s right, it has so many appealing features.  It’s not perfect yet, but perfection is so close the Beltway binge-drinkers can almost taste it.    

Their friends at the five-hundred billion dollar Beltway Brewery are really cranking out the suds, the bipartisan beer trucks are rumbling down the highways of America, driven by austerity alcoholics with places to go and people to see.  

It’s Happy Hour, it’s always Happy Hour here at the Trickle Down Tavern, so drink up everyone, order another round, put another trillion dollars in the jukebox.  Yeah, I know, Too Big To Fail is the only song on it, but what the hell, get over it, quit pouting and grow up, be a patriotic patriot and praise the plutocrats, they created this paradise of prosperity and are disappointed because we haven’t been grateful enough, so grab a beer-soaked flag and wave it on high.

   

“Foaming the Runway for the Banks”

Cross posted from The Stars Hollow Gazette

Disregard all cheery news you hear from the MSM that the housing crisis is over and housing prices are stable and on the rise. It’s not over. We are still bailing out the banks over the troubled homeowner.

“The evidence is overwhelming: home prices are anything but stable.”

Michael Olenick: Still Looking for a Housing Bottom

Two trends are apparent. One is that banks are delaying foreclosures, or not foreclosing at all despite long-term delinquencies. The other is that private equity firms – flush with cash thanks to Tim Geithner’s religious devotion to trickle-down economics and the resulting cascade of corporate welfare – have been bidding up and holding foreclosed houses off the market. These two factors have artificially limited supply and, combined with cheap mortgages rates, driven up prices. While we can debate whether these strategies represent the best public policy, these policies are obviously not long-term sustainable. [..]

Holding back inventory means that the houses that are put on offer sell faster and at higher prices. That creates an incentive to delay foreclosures or not foreclose at all even when a home is delinquent. Though this seems obvious, the mainstream housing finance community – aided by a freelance “housing analyst,” – uses the faster figures to somehow prove banks are not holding houses. [..]

Besides lower foreclosure activity, the government is going all out to give away houses to private equity firms. Recently Fannie Mae sold 275 properties across metro Phoenix in one sale to a mystery buyer, according to a report by Catherine Reagor of the Arizon Republic. [..]

Anybody who has been a landlord seems to quickly tire of it so, assuming there isn’t a pending planned mass immigration to Phoenix, these investors will eventually want to cash out by selling these houses. Further, they will want to minimize maintenance expenses while they are renting out these houses, so the eventual sale of these houses will increase supply and prolong the housing crisis. Geithner’s policy of shaking down Main Street to help Wall Street continues to hurt your street. [..]

Taking account of the delayed foreclosures and the beginning of mass purchases of houses would mean there should be a surge in home prices, but we’re still seeing little movement in many areas. This is especially puzzling given how inexpensive mortgage are. [..]

Of course, this assumes that people can get mortgages for these houses, though many can’t. Young people especially are hopelessly in debt thanks to out-of-control tuition hikes predictably caused by equally out-of-control student loan policies. [..]

Thanks to low lower foreclosures, real-estate speculators buying in bulk, and low interest rates there is enough direct and anecdotal evidence to suggest that we may be seeing a real-estate recovery on paper. Further, these policies are clearly calibrated to bring about a bubble, despite that bubbles are difficult to control and are not, by definition, sustainable: they always eventually pop. Let’s at least hope that when this bubble bursts the new Wall Street bulk buyers are treated with the same ruthless “free market” vigor that the prior owners of these houses were treated with after the last bubble burst. However, I doubt the mystery Asian money buyer, that Fannie sold Phoenix to, will ever be subject to something like the rocket docket.

Washington’s Blog goes down the list of evidence that “the government’s “Homeowner Relief” Programs are disguised bank bailouts … not even AIMED at helping homeowners. It’s a fascinating piece with all the links to this sham.

Former special inspector general overseeing TARP Neil Barofsky (@neilbarofsky) joined Up w/ Chris Hayes to talk about his book “Bailout: An Inside Account of How Washington Abandoned Main Street While Rescuing Wall Street.” Along with panel guests Heather McGhee (@hmcghee), vice president of policy and research at the progressive think tank Demos; Josh Barro (@jbarro), who writes “The Ticker” for Bloomberg View; Michelle Goldberg (@michelleinbklyn), senior contributing writer for Newsweek/Daily Beast; and Up host Chris Hayes (@chrislhayes), Barofsky shares his thoughts on the failure of TARP and the housing crisis.

I Am You and You Are Me

It’s hard to say where it went wrong,

Decades before me and this song,

Through the banksters and the wars,

I just can’t take it anymore . . .

Every Banker Had a Good Time

As the leaders of the People’s Republic of Plutocracy, Inc. prepare for the corporate coronations of Romney and Obama in Tampa and Charlotte, they’re fervently hoping Occupy Wall Street won’t spoil all the fun by sending dangerous American citizens into the streets to tell the truth all over the place.  In Beltway offices, Homeland Security meetings, and conference calls with the militarized police departments of the One-Percent, the same questions are being asked about Occupy Wall Street. Who are those people?  Why are they going to the national conventions with protest signs and devious plans to say whatever they want about the government, right out loud, in broad daylight where other citizens might hear them?  What the hell do they think this is, a democracy?  

I’ve got a feeling it’s not going to matter how many riot police are in the streets, pepper-spraying everyone in the twilight’s last gleaming, Americans are going to hear what Occupy Wall Street has to say in Tampa and Charlotte about the “government” and the “job creators” and this trickle down train wreck they call an economy.

Oh yeah . . .

Oh please believe me, I’d hate to miss the train.  Oh yeah.

The chorus of our new national anthem is inspiring, isn’t it?  Feel free to sing along Fox viewers, low information voters, brainwashed birthers and cable pundits, pulpit pounders of the Westboro Baptist Church and Obamabots of the Great Orange Asteroid . . .  

Every worker had a hard year,

Every banker had a good time,

Every general had a wet dream,

Every fat cat saw the sun shine.

Oh yeah.

Criminal Dissent

Cross posted from The Stars Hollow Gazette

Earlier this year Pulitzer prize winning author, Chris Hedges and several other prominent activists and politicians filed a lawsuit against the Obama administration  over Section 1021 of the National Defense Authorization Act (NDAA) alleging that it violated free speech and associational rights guaranteed by the First Amendment and due process rights guaranteed by the Fifth Amendment of the United States Constitution. The Obama DOJ argued that the group had no standing to bring the suit since they had been harmed. Federal Judge  Katherine Forrest of the Southern District of New York saw it differently in her ruling (pdf)on May 16 when she issued a preliminary injunction enjoining enforcement of the highly controversial indefinite provisions of NDAA, Sections 1021 and 1022. The final hearings were held last week on whether the injunction enjoining enforcement of 1021 will be permanent.

From Chris Hedges on Criminalizing Dissent:

[..] Any activist or dissident, whose rights were once protected under the First Amendment, can be threatened under this law with indefinite incarceration in military prisons, including our offshore penal colonies. The very name of the law itself-the Homeland Battlefield Bill-suggests the totalitarian credo of endless war waged against enemies within “the homeland” as well as those abroad. [..]

Barack Obama’s administration has appealed Judge Forrest’s temporary injunction and would certainly appeal a permanent injunction. It is a stunning admission by this president that he will do nothing to protect our constitutional rights. The administration’s added failure to restore habeas corpus, its use of the Espionage Act six times to silence government whistle-blowers, its support of the FISA Amendment Act-which permits warrantless wiretapping, monitoring and eavesdropping on U.S. citizens-and its ordering of the assassination of U.S. citizens under the 2001 Authorization to Use Military Force, or AUMF, is a signal that for all his rhetoric, Obama, like his Republican rivals, is determined to remove every impediment to the unchecked power of the security and surveillance state. [..]

The language of the bill is terrifyingly vague. It defines a “covered person”-one subject to detention-as “a person who was a part of or substantially supported al-Qaeda, the Taliban, or associated forces that are engaged in hostilities against the United States or its coalition partners, including any person who has committed a belligerent act or has directly supported such hostilities in aid of such enemy forces.” The bill, however, does not define the terms “substantially supported,” “directly supported” or “associated forces.” In defiance of more than 200 earlier laws of domestic policing, this act holds that any member of a group deemed by the state to be a terrorist organization, whether it is a Palestinian charity or a Black Bloc anarchist unit, can be seized and held by the military. Mayer stressed this point in the court Wednesday when he cited the sedition convictions of peace activists during World War I who distributed leaflets calling to end the war by halting the manufacturing of munitions. Mayer quoted Justice Oliver Wendell Holmes’ dissenting 1919 opinion. We need to “be eternally vigilant against attempts to check the expression of opinions that we loathe,” the justice wrote. [..]

The Justice Department’s definition of a potential terrorism suspect under the Patriot Act is already extremely broad. It includes anyone with missing fingers, someone who has weatherproof ammunition and guns, and anyone who has hoarded more than seven days of food. [..]

Contrast this crucial debate in a federal court with the empty campaign rhetoric and chatter that saturate the airwaves. The cant of our political theater, the ridiculous obsessions over vice presidential picks or celebrity gossip that dominate the news industry, effectively masks the march toward corporate totalitarianism. The corporate state has convinced the masses, in essence, to clamor for their own enslavement. There is, in reality, no daylight between Mitt Romney and Obama about the inner workings of the corporate state. They each support this section within the NDAA and the widespread extinguishing of civil liberties. They each will continue to funnel hundreds of billions of wasted dollars to defense contractors, intelligence agencies and the military. They each intend to let Wall Street loot the U.S. Treasury with impunity. Neither will lift a finger to help the long-term unemployed and underemployed, those losing their homes to foreclosures or bank repossessions, those filing for bankruptcy because of medical bills or college students burdened by crippling debt. Listen to the anguished cries of partisans on either side of the election divide and you would think this was a battle between the forces of light and the forces of darkness. You would think voting in the rigged political theater of the corporate state actually makes a difference. The charade of junk politics is there not to offer a choice but to divert the crowd while our corporate masters move relentlessly forward, unimpeded by either party, to turn all dissent into a crime.

Not that there is any solace in the argument of voting for Obama to protect the Supreme Court from more corporatist right wing appointments, when Pres. Obama has his good friend and mentor Cass Sunstein waiting in the wings, salivating to further gut and criminalize dissent.

But thank you, Judge Forrest.

No Good Choices For Social Safety Nets

Cross posted from The Stars Hollow Gazette

Since Saturday’s announcement of the right wing darling Rep. Paul Ryan (R-WI) as Gov. Mitt Romney’s choice for his Vice President, the number one concern has been Ryan’s budget that would end Medicare as we know it, end federal funding of Medicaid and privatize Social Security. Those proposals are unacceptable for the majority of voters. But voting to reelect Barack Obama won’t protect those programs either. Pres. Obama and the Democrats have agreed to cuts and changes to those programs that are equally unacceptable. Mr. Obama has even lamented that he has not been given “enough credit for their willingness to accept cuts in Medicare and Social Security.” Even more worrisome is the person whose name has been bandied about as Treasury Secretary Timothy Geithner’s replacement, none other than the co-chair of the infamous Cat Food Commission, Erskine Bowles. Ezra Klein, Beltway insider and Washington Post political analyst, is betting on Mr. Bowles appointment if Pres. Obama is reelected:

For the Obama administration, Bowles has a number of qualifications. For one thing, Republicans adore him. Ryan has called him “my favorite Democrat.” Appointing Bowles to be Treasury Secretary would ensure a smooth confirmation, and it would be interpreted as a sign of goodwill and “seriousness” both by Republicans and by the media. Coming after a bitterly partisan election and at the outset of a hugely consequential series of negotiations, that could have real appeal to the White House.

One reservation you often hear when playing the “who will be the next Treasury Secretary” guessing game is, “but they have no market experience.” For better or worse, it’s considered crucial that the Treasury Secretary understand, and be capable of working with, markets. Bowles was an investment banker before he entered politics, and he currently serves on the board of directors for both Morgan Stanley and GE. He’s also personally beloved by Wall Street, where “Simpson-Bowles” has deep and fervent supporters, including many who have no real idea what’s in it. Appointing Bowles would be a signal to them that Washington is getting serious. [..]

There are downsides to Bowles, too. He’ll want the White House to go further than they’ve been willing to go on long-term health costs. But they’re prepared to do that once taxes are on the table. He’s also quite disliked by the left, which frequently refers to the Simpson-Bowles Commission as “the Catfood Commission.” That’s a drawback, but the Obama administration has always prized holding the center over placating the left. Indeed, Obama, who ran in 2008 as a post-partisan uniter and is unexpectedly and unhappily having to run a much more traditional and partisan campaign in 2012, might see that as a benefit. If he can press the reset button after this election, he’s going to do it.

Just what this country needs, another corporatist Wall St. buddy and former bank executive heading Treasury who, as Dean Baker points out, Mr. Bowles has been working to cut Social Security for 15 years:

While Simpson has seized the spotlight, it may prove to be the case that Erskine Bowles, his co-chairman, poses the greater threat to Social Security. The reason is simple: Bowles is the living embodiment of the rewards available to politicians who would support substantial cutbacks or privatization of the program. [..]

Bowles is an unsuccessful politician, having twice lost in runs for the Senate in North Carolina.

Yet, he is very successful financially. He pockets $335,000 a year as a director of Morgan Stanley, one of the huge Wall Street banks that was rescued by taxpayer dollars in the fall of 2008. He likely pockets a similar sum from sitting as a director of GM, another company rescued by the government.

This means that Bowles pockets close to $700,000 annually (@600 monthly Social Security checks) from attending eight to twelve meetings a year. This must look like a pretty attractive deal to current members of Congress. In other words, the message Bowles is sending members of Congress is that if you betray your constituents and vote to undermine Social Security, you will be amply rewarded even if the voters give you the boot.

Bowles has also lied to about Social Security’s solvency:

What we’ve done is make Social Security solvent for the next 75 years. As you all know, Social Security runs out of money in 2037. We’re not making it up. That’s the law.

Think Progress‘s Zaid Zilani debunked that lie:

Social Security is currently projected to be fully solvent until the year 2037. After that, it is expected to be able to pay out 75 percent of benefits until 2084, which basically equals full benefits, once inflation is accounted for. There is no threat of the program running out of money any time soon – certainly not in 2037. That does not mean that there aren’t positive and progressive changes that could possibly be made to the system.

As for Medicare and Medicaid, Dayen debunks the myth about the cost effectiveness of those programs:

The New England Journal of Medicine reports that Medicare and Medicaid spending has decelerated in recent years, and not just because of the Great Recession. The public programs have seen their cost growth slow significantly compared to private health insurance. And this is expected to continue for the coming decade.

This is so important because, as Paul van de Water of the Center on Budget and Policy Priorities explains, the public debate has focused on transforming Medicare and Medicaid in the coming years, constraining cost in the very programs that are the most cost-efficient. If anything, the opposite should be true, and more and more of the system should be converted into public programs to increase the risk pool, allow for greater bargaining leverage on prices, and provide stability. [..]

The Obama campaign would have voters believe that Mitt Romney and Paul Ryan would destroy the Social Safety net but the idea of Erskine Bowles as Treasury Secretary would be just as bad for out social safety net. Mr. Bowles and his “Catfood Commission” are “grand bargains” we don’t need.

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