Monday, June 21, 2010

Dead On Arrival: Obama's Financial Reform Fails

The House-Senate reconciliation process is still underway and some details will still change. But the broad contours of “financial reform” are already completely clear; there are no last minute miracles at this level of politics. The new consumer protection agency for financial products is a good idea and worth supporting – assuming someone sensible is appointed by the president to run it. Yet, at the end of the day, essentially nothing in the entire legislation will reduce the potential for massive system risk as we head into the next credit cycle....

more from Simon Johnson

Wednesday, June 2, 2010

Fascist U.S.: Love it, Leave it, or Do something

Many news reports about the Gulf oil catastrophe refer to it as a "spill." Wrong. A spill is a minor "oops" — one accidentally spills milks, for example, and from childhood, we're taught the old aphorism: "Don't cry over spilt milk." What's in the Gulf isn't milk and it wasn't spilt. The explosion of BP's Deepwater Horizon well was the inevitable result of deliberate decisions made by avaricious corporate executives, laissez faire politicians and obsequious regulators.
As the ruinous gulf oil blowout spreads onto land, over wildlife, across the ocean floor and into people's lives, it raises a fundamental question for all of us Americans: Who the hell's in charge here? What we're witnessing is not merely a human and environmental horror, but also an appalling deterioration in our nation's governance. Just as we saw in Wall Street's devastating economic disaster and in Massey Energy's murderous explosion inside its Upper Big Branch coal mine, the nastiness in the gulf is baring an ugly truth that We the People must finally face: We are living under de facto corporate rule that has rendered our government impotent.

Thirty years of laissez-faire, ideological nonsense (pushed upon us with a vengeance in the past decade) has transformed government into a subsidiary of corporate power. Wall Street, Massey, BP and its partners — all were allowed to become their own "regulators" and officially encouraged to put their short-term profit interests over the public interest.

Let's not forget that on April 2, barely two weeks before Deepwater Horizon blew and 11 people perished on the spot, the public's No. 1 official, Barack Obama, trumpeted his support for more deepwater oil drilling, blithely regurgitating Big Oil's big lie: "Oil rigs today generally don't cause spills." He and his advisors had not bothered to check the truth of that — they simply took the industry's word. That's not governing, it's aiding and abetting profiteers, and it's a pathetic performance.

But that was only the start of Washington's oily confession that it has surrendered control to corporate arrogance and avarice....

--Jim Hightower

...Blanchard took us out into the Gulf to see the skimming operations. None of the boat owners would talk to us. Blanchard explained, “They’re scared to talk, and they’re scared to be seen, because BP has threatened them that if they talk to the media, they’re going to be fired.”

One fisherman, Glenn Swift, whom we met in Buras, La., confirmed that he signed a contract with a clause stating that speaking to the media was grounds for termination. When I asked him why, then, he was talking to me, he said: “I don’t feel it’s the right thing to shut somebody up. We’re supposed to live in the United States, and we’re supposed to have freedom of speech.”

Down the road from Blanchard, a family has erected 101 crosses in their front yard, each one commemorating something they love, like “brown pelicans,” “beach sunsets” and “sand between the toes.” The sign next to the cemetery of dreams reads, “In memory of all that is lost, courtesy of BP and our federal government.”

--Amy Goodman

...You, the graduating class of 2010, are caught in a system; then again, so are our leaders. In recent years, we've had two presidents, George W. Bush and Barack Obama, who could not be mistaken for one another. In most obvious ways -- style, thinking, personality, politics, sensibility, impulses -- they couldn't be more different, as have been the ways they have approached problems. One was a true believer in the glories of American military and executive power, the other is a manager of a declining power and what passes for a political "pragmatist" in our world. Yet, more times than is faintly comfortable, the two of them have ended up in approximately the same policy places -- whether on the abridgement of liberties, the expansion of the secret activities of military special operations forces across the Greater Middle East, the CIA drone war in the Pakistani borderlands and elsewhere, the treatment of prisoners, our expanding wars, Pentagon budgets, offshore oil drilling and nuclear power, or other topics which matter in our lives.

This should be more startling than it evidently is for most Americans. If the policies of these two disparate figures often have a tweedledum-and-tweedledee-ish look to them, then what we face is not specific party politics or individual style, but a system with its own steamroller force, and its own set of narrow, repetitive "solutions" to our problems. We also face an increasingly militarized, privatized government, its wheels greased by the funds of giant corporations, that now regularly seems to go about the business of creating new Katrinas.

Compared to the long-gone world I graduated into, yours seems to me little short of dystopian, even if, on the surface, it still has something of the look of American abundance. If nothing changes in this equation, your experience, as far as I can tell, will be of ever less available, ever less decent jobs and of ever less wealth ever less well distributed, as well as of a federal government ("the bureaucracy") that has everything to do with giant corporations, their lobbyists and publicists, and the military-industrial complex -- and nothing to do with you.

--Tom Engelhardt

Monday, May 10, 2010

Obama Pushes Supreme Court To The Right

President Obama ...[has replaced] John Paul Stevens [with Elena Kagan, and] the Supreme Court will move rightward. The nomination is very disturbing, especially because it's part of a pattern. The White House is in the grip of conventional centrist wisdom. Grim results stretch from Afghanistan to the Gulf of Mexico to communities across the USA.

On numerous policy fronts, such conformity to a centrist baseline has smothered hopes for moving this country in a progressive direction. Now, the president has taken a step that jeopardizes civil liberties and other basic constitutional principles....

"During the course of her Senate confirmation hearings as Solicitor General, Kagan explicitly endorsed the Bush administration's bogus category of ‘enemy combatant,' whose implementation has been a war crime in its own right," University of Illinois law professor Francis Boyle noted last month. "Now, in her current job as U.S. Solicitor General, Kagan is quarterbacking the continuation of the Bush administration's illegal and unconstitutional positions in U.S. federal court litigation around the country, including in the U.S. Supreme Court."

Boyle added: "Kagan has said ‘I love the Federalist Society.' This is a right-wing group; almost all of the Bush administration lawyers responsible for its war and torture memos are members of the Federalist Society."

The departing Justice Stevens was a defender of civil liberties. Unless the Senate refuses to approve Kagan for the Supreme Court, the nation's top court is very likely to become more hostile to civil liberties and less inclined to put limits on presidential power....

For more than 15 months, evidence has mounted that President Obama routinely combines progressive rhetoric with contrary actions. As one bad decision after another has emanated from the Oval Office, some progressives have favored denial -- even though, if the name "Bush" or "McCain" had been attached to the same presidential policies, the same progressives would have been screaming bloody murder.

But enabling bad policies, with silent acquiescence or anemic dissent, encourages more of them. At this point, progressive groups and individuals who pretend that Obama's policies merely need a few tweaks, or just suffer from a few anomalous deficiencies, are whistling past a political graveyard....

The Justice Department continues to backtrack on civil liberties. And now...the president's nomination of Elena Kagan...will move the Supreme Court to the right.

Norman Solomon is a journalist, historian, and progressive activist. His book "War Made Easy: How Presidents and Pundits Keep Spinning Us to Death" has been adapted into a documentary film of the same name. His most recent book is "Made Love, Got War." He is a national co-chair of the Healthcare NOT Warfare campaign. In California, he is co-chair of the Commission on a Green New Deal for the North Bay; www.GreenNewDeal.info. Essay originally published in Common Dreams.

Friday, April 9, 2010

Back In the U.S, U.S., U.S.AAAAA.

Back in the U.S., U.S., U.S.AAAA.,

You don't know how luck you are boy!

Back in the U.S., U.S., U.S.AAAAAA!

I'll be back in the U.S.A. in May, after my annual 6 month tour of Asia.

Naturally, it will take time to adjust.

To the violence.

In Thailand, for example, while thousands of impovrished farmers block the major intersections of Bankok at the moment. No one has thought to threaten their political leaders with death for passing a particular bill, like those Amerians who have done just that because one congressman or another chose to pass Obamacare.

Also, in Thailand, it was a big deal when the protesters invaded the halls of government and discovered that some policemen had a stash of guns at the ready. But none of them thought to use the guns against the protesters, unlike the cop in New Orleans during Katrina who shot and killed two defenseless citizens on the Danziger Bridge.

In short, it will take some time to adjust to living in such a violent society that the U.S. has become.

What's wrong with us? Here's an answer I can get behind, written by Chris Hedges, who graduated from Harvard Divinity School and was for nearly two decades a foreign correspondent for The New York Times:

The language of violence always presages violence. I watched it in war after war from Latin America to the Balkans. The impoverishment of a working class and the snuffing out of hope and opportunity always produce angry mobs ready to kill and be killed. A bankrupt, liberal elite, which proves ineffectual against the rich and the criminal, always gets swept aside, in times of economic collapse, before thugs and demagogues emerge to play to the passions of the crowd. I have seen this drama. I know each act. I know how it ends. I have heard it in other tongues in other lands. I recognize the same stock characters, the buffoons, charlatans and fools, the same confused crowds and the same impotent and despised liberal class that deserves the hatred it engenders.

"We are ruled not by two parties but one party," Cynthia McKinney, who ran for president on the Green Party ticket, told me. "It is the party of money and war. Our country has been hijacked. And we have to take the country away from those who have hijacked it. The only question now is whose revolution gets funded."

The Democrats and their liberal apologists are so oblivious to the profound personal and economic despair sweeping through this country that they think offering unemployed people the right to keep their unemployed children on their nonexistent health care policies is a step forward. They think that passing a jobs bill that will give tax credits to corporations is a rational response to an unemployment rate that is, in real terms, close to 20 percent. They think that making ordinary Americans, one in eight of whom depends on food stamps to eat, fork over trillions in taxpayer dollars to pay for the crimes of Wall Street and war is acceptable. They think that the refusal to save the estimated 2.4 million people who will be forced out of their homes by foreclosure this year is justified by the bloodless language of fiscal austerity. The message is clear. Laws do not apply to the power elite. Our government does not work. And the longer we stand by and do nothing, the longer we refuse to embrace and recognize the legitimate rage of the working class, the faster we will see our anemic democracy die.

The unraveling of America mirrors the unraveling of Yugoslavia. The Balkan war was not caused by ancient ethnic hatreds. It was caused by the economic collapse of Yugoslavia. The petty criminals and goons who took power harnessed the anger and despair of the unemployed and the desperate. They singled out convenient scapegoats from ethnic Croats to Muslims to Albanians to Gypsies. They set in motion movements that unleashed a feeding frenzy leading to war and self-immolation. There is little difference between the ludicrous would-be poet Radovan Karadzic, who was a figure of ridicule in Sarajevo before the war, and the moronic Glenn Beck or Sarah Palin. There is little difference between the Oath Keepers and the Serbian militias. We can laugh at these people, but they are not the fools. We are.

The longer we appeal to the Democrats, who are servants of corporate interests, the more stupid and ineffectual we become. Sixty-one percent of Americans believe the country is in decline, according to a recent NBC News/Wall Street Journal poll, and they are right. Only 25 percent of those polled said the government can be trusted to protect the interests of the American people. If we do not embrace this outrage and distrust as our own it will be expressed through a terrifying right-wing backlash.

"It is time for us to stop talking about right and left," McKinney told me. "The old political paradigm that serves the interests of the people who put us in this predicament will not be the paradigm that gets us out of this. I am a child of the South. Janet Napolitano tells me I need to be afraid of people who are labeled white supremacists but I was raised around white supremacists. I am not afraid of white supremacists. I am concerned about my own government. The Patriot Act did not come from the white supremacists, it came from the White House and Congress. Citizens United did not come from white supremacists, it came from the Supreme Court. Our problem is a problem of governance. I am willing to reach across traditional barriers that have been skillfully constructed by people who benefit from the way the system is organized."

We are bound to a party that has betrayed every principle we claim to espouse, from universal health care to an end to our permanent war economy, to a demand for quality and affordable public education, to a concern for the jobs of the working class. And the hatred expressed within right-wing movements for the college-educated elite, who created or at least did nothing to halt the financial debacle, is not misplaced. Our educated elite, wallowing in self-righteousness, wasted its time in the boutique activism of political correctness as tens of millions of workers lost their jobs. The shouting of racist and bigoted words at black and gay members of Congress, the spitting on a black member of the House, the tossing of bricks through the windows of legislators' offices, are part of the language of rebellion. It is as much a revolt against the educated elite as it is against the government. The blame lies with us. We created the monster.

When someone like Palin posts a map with cross hairs on the districts of Democrats, when she says "Don't Retreat, Instead-RELOAD!" there are desperate people cleaning their weapons who listen. When Christian fascists stand in the pulpits of megachurches and denounce Barack Obama as the Antichrist, there are messianic believers who listen. When a Republican lawmaker shouts "baby killer" at Michigan Democrat Bart Stupak, there are violent extremists who see the mission of saving the unborn as a sacred duty. They have little left to lose. We made sure of that. And the violence they inflict is an expression of the violence they endure.

These movements are not yet full-blown fascist movements. They do not openly call for the extermination of ethnic or religious groups. They do not openly advocate violence. But, as I was told by Fritz Stern, a scholar of fascism who has written about the origins of Nazism, "In Germany there was a yearning for fascism before fascism was invented." It is the yearning that we now see, and it is dangerous. If we do not immediately reincorporate the unemployed and the poor back into the economy, giving them jobs and relief from crippling debt, then the nascent racism and violence that are leaping up around the edges of American society will become a full-blown conflagration.

Left unchecked, the hatred for radical Islam will transform itself into a hatred for Muslims. The hatred for undocumented workers will become a hatred for Mexicans and Central Americans. The hatred for those not defined by this largely white movement as American patriots will become a hatred for African-Americans. The hatred for liberals will morph into a hatred for all democratic institutions, from universities to government agencies to the press. Our continued impotence and cowardice, our refusal to articulate this anger and stand up in open defiance to the Democrats and the Republicans, will see us swept aside for an age of terror and blood.

Thursday, April 1, 2010

Bush Lite: "Drill, 'Bama, Drill

Barack Obama took the Republican slogan "drill, baby, drill" as his own today, opening up over 500,000 square miles of US coastal waters to oil and gas exploitation for the first time in over 20 years.

The move, a reversal of Obama's early campaign promise to retain a ban on offshore exploration, appeared aimed at winning support from Republicans in Congress for new laws to tackle global warming. Sarah Palin's "Drill, baby, drill" slogan was a prominent battle cry in the 2008 elections..
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The areas opened up are off the Atlantic coast, the northern coast of Alaska and in the eastern Gulf of Mexico. However, in a concession to his environmentalist base, Obama did retain protection for Alaska's Bristol Bay, the single largest source of seafood in America and home to endangered species of whale. The Pacific Coast from Mexico to Canada is also off-limits....

Interior department officials said the areas opened up today are thought to contain the equivalent of three years' annual US useage of recoverable oil and two years' worth of natural gas.

Under the proposals, a vast swath of Atlantic coast from northern Delaware to central Florida, including about 167m acres of ocean, would be open to drilling. An additional 130m acres of ocean in the Chukchi and Beaufort seas north of Alaska could also open up for drilling following environmental assessment studies. About two-thirds of the eastern Gulf of Mexico would be open for exploration though the plan would bar rigs within 125 miles of the Florida coast.

The state of Virginia could see drilling within 50 miles of the coast, and could issue its first licences as early as next year. However, actual drilling would probably not get underway for years. Drilling would be off-limits throughout the US Pacific coast. Bristol Bay in south-western Alaska would also be off the table until 2017....

The go-ahead for drilling is also a bitter disappointment for environmentalists and Democrats. That could make it even more difficult to stitch together a compromise proposal on climate change in the Senate. Last week, 10 Senators from coastal states, including those now opened up for drilling, issued a letter expressing concern that offshore exploration would hurt fishing and tourism industries....

As a presidential candidate, Obama had repeatedly attacked his opponent, John McCain, for suggesting drilling would lower gas prices, arguing that it would take several years and billions in investment before those areas became productive....

Brendan Cummings, senior counsel at the Centre for Biological Diversity, said: "Today's announcement is unfortunately all too typical of what we have seen so far from President Obama - promises of change, a year of 'deliberation,' and ultimately, adoption of flawed and outdated Bush policies as his own."

--The Guardian (UK)