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Truth To Power

the strong do as they wish, and the weak suffer as they must

Archive for August, 2006

Watch the bubble pop

Thursday, August 31st, 2006

When the stock market nose-dived in 2000 the Fed lowered rates 17 times to an unbelievable 1% to keep the economy sputtering-along while the Bush administration dragged the country to war, gave away $450 billion a year in tax cuts, and awarded zillions in no bid contracts to their friends in big business. All tolled, the Bush-handouts amounted to roughly $3 trillion dollars, the largest heist in history, and it was carried out under the nose of the snoozing American public.

At the same time, America’s debts and deficits have continued to mushroom behind the smokescreen of low interest rates.

Continue reading The Great Housing Crash of ’07: How low will prices go?

Rita Cosby panics at loss of meal ticket

Thursday, August 31st, 2006

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John Mark Karr, center, formerly a suspect in the decade-old JonBenet Ramsey murder, is transported back to the Boulder County Jail after charges against him were dropped by the district attorney Monday, Aug. 28, 2006, in Boulder, Colo. Prosecutors abruptly dropped their case against John Mark Karr in the slaying of JonBenet Ramsey, saying DNA tests failed to put him at the crime scene despite his repeated insistence he killed the 6-year-old beauty queen. At left is MSNBC correspondent Rita Cosby.

Damn, she looks scared, don’t she? Maybe she realizes that if she doesn’t have a pretend story to trumpet, she might have to work? Maybe report on things that actually affect peoples lives such as oh, war? Illegal wiretapping? Election fraud?

Nah, dead white girl trumps all.

Accountability? Not.

Thursday, August 31st, 2006

Caught Red-Handed: Stevens Blocked Creation of Federal Spending Database

Last week, an “unidentified senator” placed a hold on legislation introduced by Sens. Barack Obama (D-IL) and Tom Coburn (R-OK) that would create a easily-accessible Google-like database of all federal spending, which totaled $2.5 trillion last year.

The bill appeared to be headed for passage after being approved unanimously in committee. However, the anonymous senator’s hold on the bill prevented it from coming to a vote.

…Of all 100 senators, only Sen. Ted Stevens (R-AK) would not deny placing the hold. In addition, one of the bill’s leading sponsors, Sen. Tom Coburn (R-OK), said of Stevens, “he’s the only senator blocking it.”

Continue reading to find out why Senator “Bridge to Nowhere” might not welcome any sort of accountability where his spending is concerned.

TTP on Serious Indie Cred

Wednesday, August 30th, 2006

TTP has recently been invited to discuss the new Bob Dylan album on Serious Indie Cred, a fine podcast on all things in indie film and music.

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Considering I haven’t heard it yet, I might need to get crackin, eh? Details to follow.

If it looks like crap, and sounds like crap…it’s…?

Wednesday, August 30th, 2006

Rockstar Supernova!

LH and I made the never to be repeated mistake of tuning into this show (after COMASS pixelated our DVR’d “When the Levees Broke”…grr….) and watched this unoriginal, untalented, lab-made hair gel goof “emote” his way thru Coldplay’s “Clocks”:

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Call TTP old and out of touch, but this was my first foray into this entire “American Idol/Wannabe’s on the March” reality (say what?) talentless crapfest. “Supernova” refers to the crew of no longer relevant, hair club for men “rock stars” – Gilby Clarke (oh yeah, theres a legend), Dave “I got to bang Carmen Electra and you didn’t” Navarro, along with Tommy Lee (the Kelso of modern rock), and the replacement for the good guy who died bassist from Metallica.

I remarked to the better half that this spectacle of faux emotion was as far removed from what we considered music as possible. My afternoon included loading Sonny Rollins and Miles Davis into Itunes, so perhaps I’m biased, but if this is what is considered the “latest and greatest” of modern music (at least in the commercial, my mom bought the CD at the mall after an Orange Julius way), then illegal downloading of music ain’t the reason behind the problems the record industry faces.

Its because they are selling crap. Pure crap. Squealing girls and sliding across a piano does not art make. It might make a Jerry Lee Lewis…but he wrote the motherfuckin’ songs and help invent rock n’ roll along the way. The goof in the picture, Ryan? He may well have written the greatest song since whenever, but since he’s decided that his true talent lies in…well, lying, he’ll have to have a new name and reconstructive surgery to ever be taken seriously again.

So damn you Comass, we only wanted to watch a single city get destroyed by a hurricane, not the destruction of rock and roll.

HUD gets punk’d

Tuesday, August 29th, 2006

On the eve of the anniversary of Katrina, don’t these sound like great actions to (belatedly) take?

– Energy giants Exxon and Shell would spend $8.6 billion “to finance wetlands rebuilding from $60 billion in profits this year.”

– Wal-Mart would withdraw its stores from poor neighborhoods and “help nurture local businesses to replace them.”

– the federal government would spend $180 million to fund “at least one well-equipped public health clinic for every housing development.”

– the feds would reverse plans to replace public schools with private and charter schools, and instead create a national tax base to supplement local taxes.

Alas, not to be. HUD got punk’d by the Yes Men.

CNN doesn’t find it funny.

Citizens no longer allowed to travel freely

Tuesday, August 29th, 2006

2 Lodi residents refused entry back into U.S.

(08-26) 04:00 PDT Sacramento — The federal government has barred two relatives of a Lodi man convicted of supporting terrorists from returning to the country after a lengthy stay in Pakistan, placing the U.S. citizens in an extraordinary legal limbo.

Muhammad Ismail, a 45-year-old naturalized citizen born in Pakistan, and his 18-year-old son, Jaber Ismail, who was born in the United States, have not been charged with a crime. However, they are the uncle and cousin of Hamid Hayat, a 23-year-old Lodi cherry packer who was convicted in April of supporting terrorists by attending a Pakistani training camp.

,,,McGregor Scott, the U.S. attorney for California’s eastern district, confirmed Friday that the men were on the no-fly list and were being kept out of the country until they agreed to talk to federal authorities.

“They’ve been given the opportunity to meet with the FBI over there and answer a few questions, and they’ve declined to do that,” Scott said.

Mass said Jaber Ismail had answered questions during an FBI interrogation at the U.S. Embassy in Islamabad soon after he was forced back to Pakistan. She said the teenager had run afoul of the FBI when he declined to be interviewed again without a lawyer and refused to take a lie-detector test.

Ok, so we now can stop American citizens from traveling and re-entering the country- because a family member has committed a crime? And then, not allow them to meet with a lawyer?

Exactly what “freedoms” are we supposedly fighting for again?

Bush and Saddam Should Both Stand Trial, Says Nuremberg Prosecutor

Tuesday, August 29th, 2006

Bush and Saddam Should Both Stand Trial, Says Nuremberg Prosecutor
Aaron Glantz

SAN FRANCISCO, Aug 25 (OneWorld) – A chief prosecutor of Nazi war crimes at Nuremberg has said George W. Bush should be tried for war crimes along with Saddam Hussein. Benjamin Ferencz, who secured convictions for 22 Nazi officers for their work in orchestrating the death squads that killed more than 1 million people, told OneWorld both Bush and Saddam should be tried for starting “aggressive” wars–Saddam for his 1990 attack on Kuwait and Bush for his 2003 invasion of Iraq.

…Three months later, George W. Bush signed a new law prohibiting any U.S. cooperation with the International Criminal Court. The law went so far as to include a provision authorizing the president to “use all means necessary and appropriate,” including a military invasion of the Netherlands, to free U.S. personnel detained or imprisoned by the ICC.

Amazing.

Waterboarding Congress

Monday, August 28th, 2006

So: Inhofe should be blindfolded, put in a straitjacket and left in a room full of crazed chihuahuas until he explains why he believes that the U.S. military should not be constrained to follow the laws of the land, such as the Anti-Torture Act.

Government is always the greatest threat to liberty

Monday, August 28th, 2006

Don’t ask me who killed Kennedy and why, and don’t ask me who was behind the 9/11 attack or what brought the three WTC buildings down. My position is a simple one. The official accounts are too improbable to be believable.

I won’t believe them until the government can explain where the energy came from to bring down the three WTC buildings. With the demise of the “single bullet” theory, there seems to be no verification of Oswald’s magical shooting.

It seems to me that the real conspiracy theories are the explanations that are overweighted with improbabilities.

Readers ask me what can we do? We can do very little as we have lost control over our government. Elections, even if not stolen, change very little. Government got free of our control when we forgot the teaching of our Founding Fathers that government is always the greatest threat to our liberty.

Continue reading Paul Craig Roberts’ Can Anything Be Done?