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Desparation sets the glee bar very low

Posted by coopmeister on Wednesday, November 04, 2009 11:56:07 AM
As the brutal, job massacred, big banks bail-out recession grinds on,
the Repubs are far enough away from the monstrous dark shadow of amoral capitalism run amok ways,
to be transforming the boot of a very unpopular NJ governor, and win of a military family man to the VA governship, into phoenix rising from the partisan-politic heap. 
 
Has the unrelenting, and accelerated investment in Obama-trashing, finally showing some profits for tea-baggers,
the radio blabber-mouths, the rigidly religious, and Repub power-starved? 
 
Has Sarah Palin, Michael Steele, and the Michelle Bachmann clan finally gained some traction with their
jumbled message of "Oh no!" and demonization of progress for America?
 
I think not! 
That is the wishful thinking way to interpret the big Tuesday election. 
Don't forget, the engineered candidate hand-picked to secure a conservative for the Dede Scozzafava seat, did not win.
 
People are sick to death of:
gutless machine-beholdened politicians,
daily does of the economic jitters, insatiable deficits, and
anemic job creation.
 
When, and if, the president can steer the country away from the perception of, and pocketbook pain of those things, this very low bar standard of glee of VA and NJ guvs, will be a distant footnote.
 
 
 
 
 
 
 
 
 
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LA Dodgers will take it all

Posted by coopmeister on Sunday, October 11, 2009 3:04:43 PM
Here's something new t briefly debate..
the LA Dodgers will take the World Series in 4 games.

So the rest of you losers fans, prepare for a heartbreak.
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Accolades tossed....rather than shoes,

Posted by coopmeister on Sunday, October 11, 2009 10:50:49 AM
Poor Meredith, the TH blogger
She just can't fathom why Americans would be proud that the
international organization dedicated to honoring the work of individuals
toward international peace, was awarded to the current American president.

Its understandable that an ideologue like Meredith, a cheerleader
for then leader of neocon thinking, GWB,
still rah rahs drawing lines in the sand all over the world, and
uttering absurdities like, "..Bring em on," and
unilateral "choose offs" like "...You're either with us or agin' us."

The folly of playground diplomacy in the complex and dangerous
world we live in, escapes her.

That President Obama in a period of months has engaged the
many nations who share the real risk from insane and violent terrorists groups,
as well as creating a united front in calling out Iran on its dangerous misdeeds,
 has not gone unrecognized on the world stage.

The international community still looks to the US for moral leadership,
and following the years of "wild six shooter-toting cowboy antics"
Obama appears as the no nonsense new sheriff.who has the wit and cool
to lead a willing international posse in corralling the "bad guys."






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Moore vs. Hannity - Great TV

Posted by coopmeister on Tuesday, October 06, 2009 4:56:19 PM
Sean Hannity,  will interview filmmaker Michael Moore, tonite
Tuesday, 10/6/09
 
Sean will be sorry..it'll be a 3rd round KO.
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What would your president do?

Posted by coopmeister on Friday, October 02, 2009 6:45:40 PM
 BETWEEN 2000- 2009,
THE U.S. SAW SOME OF THE BIGGEST CORPORATIONS FALL   
 INTO BANKRUPTCIES… EVER.
               
2001
 
1. Pacific Gas & Electric Co
2. Enron- stock holders “took it in shorts” for $11 billion.
 
                                                                                                    2002
3. Global Crossing Ltd.- – leaving $14.6 billion, in unpaid liabilities 
4. Adelphia Communications- - $2.3 billion in debt hidden from investors
5. WorldCom- - the second largest bankruptcy in history.  Wiped out by an accounting scandal. 
6. Tyco International Ltd.- CEO and CFO, were charged with more than 30 counts related 
                                            to the theft of $600 million  from the  company  in 2004. 
7. US Airways- - filed for bankruptcy   2 times in 2 years
8. Conseco- - known for its generous spending. Posted a $6.5 billion debt load, 
                         associated with high-flying acquisitions  made during  the 1990’s.
 
 
                                                                                  2004
 
9. Trump Entertainment Resorts- Trumpomania  
 
                                                                                  2005
 
10. Delta Airlines - Delta was in $20.5 billion debt at the time of filing  
11. Northwest Airlines - 
12. Delphi- Spun off from GM, the largest auto parts company.  
                    Bailed on debts totaling $22.17  billion.  A day before the filing,
                    Delphi beefed up severance packages for 21 top  executives, citing a need to make
                     them more competitive.
13. Refco –filed for bankruptcy three months after going public   Refco’s CEO and chairman,
                     Phillip Bennett hid over $430 million in bad debt., a total  debt of $16.8 billion.
 
                                                                                  2008
14. Washington Mutual Inc Bad Loans…
15. SemGroup - $7.5 billion in bad debt
16. Lehman Brothers- the biggest and most complex bankruptcy case in history
18. Tribune Group-  CEO Sam Zell built a complicated deal to take over Tribune Co.
                                      putting little of his own money at risk. 
19. General Growth Properties, Inc - 27 billion in debt , a big hunk of debt stemmed from the 
                                                                    2004 strategic acquisitions
                  
                                                                                         JANUARY 2009
The newly elected President assumed office...
 It didn’t take uncommon insight to realize that a multi-year era of transition in the US and global economy, 
 and markets was underway.
Critical decisions had to be made in guiding an American economy in turmoil. 

The US was still entrenched in the 8th year of two unconventional wars...
with the ongoing threat of violence from amorphous and migratory groups of deadly terrorists. 
 
Domestic affairs in the US were dire, with the economy tightly squeezed by
the most serious recession since the 1930's.

American consumers were reeling from an economic tsunami which had devastated much individual wealth. 

Real estate values were sinking, the stock market had cratered, decimating 401K's
Banks were failing.
American companies, large, medium and small, had gone, and were going belly up
 
Starting in December of 2007 some 6 million jobs had ‘vaporized’ and
ongoing job losses persisted at a clip of 500,000/mo, causing many people to lose health insurance.
 
ADVISE the NEW PRESIDENT: 
  • Could/Should the Feds intervene to stabilize and defrost a frozen credit markets, choking the credi
    needs of business and people? 
  • Could/Should the Feds do something to stem the hemorrhage of jobs?
  • Could/Should the Feds take steps to kick-start a return to job creation and economic growth?
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Bush Interior Secretary Faces Corruption Probe

Posted by coopmeister on Wednesday, September 30, 2009 11:03:14 PM
Friday, September 18, 2009

WASHINGTON -- The U.S. Justice Department has launched an investigation into whether former Interior Secretary Gale Norton illegally used her position to steer lucrative oil leases to Royal Dutch Shell PLC, the company she now works for, officials with both departments confirmed to The Associated Press.

The criminal investigation is focused on a 2006 decision by the Interior Department to award three oil shale leases on federal land in Colorado to a Shell subsidiary. Oil from the leases eventually could earn the company hundreds of billions of dollars.

Investigators are looking into whether Norton, whom former President George W. Bush named to run the agency in 2001, violated a law that bars federal employees from discussing employment with a company if they are involved in a decision that could benefit that firm. Months after granting Shell the leases, Norton left the agency. Shell later that year hired her as an in-house counsel for its unconventional fuels division, which includes oil shale.

Justice Department and Interior investigators also are trying to determine whether Norton violated a broader federal "denial of honest services" law. Under the statute, government officials can be prosecuted for violating the public trust by directing government business to favored firms.

Norton could not be reached immediately for comment.

"We are aware of an investigation; however, we are not in a position to comment," said Kelly op de Weegh, a Shell spokeswoman.

The Interior Department's Office of Inspector General began the investigation toward the end of Bush's last term, after receiving complaints about the lease process. The IG's office made a formal referral to the Justice Department this year after concluding there was probable cause for a criminal violation.

The officials spoke to the AP on the condition of anonymity because they were not authorized to discuss the case. The investigation was first reported by The Los Angeles Times.

Norton, 55, is the first Bush Cabinet official to be investigated for political corruption.

Prior to becoming Bush's first Interior secretary, Norton was Colorado's attorney general and had worked as a private lawyer for timber, oil and mining companies. At Interior, she supported expanded oil and gas drilling on government-owned land.

The development of oil shale largely in the West was one of the technologies that the Bush administration wanted to explore aggressively. In response to a recommendation by then-Vice President Diiick Cheney's energy task force, the Interior's Bureau of Land Management issued six demonstration leases in Colorado and Utah.

Shell was the only company to receive more than one lease.

http://www.foxnews.com/politics/2009/09/18/bush-interior-secretary-faces-corruption-probe/
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Die quickly!

Posted by coopmeister on Wednesday, September 30, 2009 9:20:43 PM
You got to love freshman congressman, Alan Grayson,
who summarized the Repub non-plans in refoming health care problems...as follows,
"Don't get sick..., but if you do....die quickly!"    Sadly, funny.
 
Apparently some repubs took (faked) great umbrage with Grayson and demanded apologies, 
for saying anything so mean!   How dare he? 

After listening to repub Eric Cantor tell some poor lady last week at a healthcare forum,  "to seek charity care...."
as a solution to being sick and uninsured, after a job lay off, Grayson was eerily accurate.  repub-up-and-coming protegy Cantor wasn't kidding, or being tongue-in-cheek. 
That was his solution! 
Yikes!
 
All the feigned indignation in the world will not hide the fact the repubs don't want to upset the teetering status quo.
 
They have used up their 007 box of trickeries when threatening "death panels," "government takeover," "all the doctors quitting' "never getting medical care again,"  on and on and on, ad (treatable) nauseum.
 
But the public, and legitimate representatives of the majority of practicing physicians are steadfast in expressing preference for a public option, like buying into Medicare)  as a part of the reforms needed.

Even ~47% registered Repubs are in favor.....
 
 
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Eric Cantor sums up Republican Reforms

Posted by coopmeister on Friday, September 25, 2009 6:05:13 PM
Rep. Eric Cantor of Virginia, didn't hold any, or go to any townhall meetings, in August. 
When congress returned after the August townhall circuses,  Cantor elbowed his way to the camera lights, and reporters to tell the nation, “Our members are back in town after having been at home with the people they represent over the month of August.
I think it’s very clear that the members of the Republican conference feel strongly that the public has awakened, and the wind is at our back primarily because of the fierce debate over the President’s health care plan."
 
A few days ago, he did show up at a health care forum held by the local paper.  Lots of voters stood in line to ask questions.
One lady described her 40-something sister, who owned her home, but had recently lost a good job, and of course, her healthcare insurance. 
In the mean time, she developed a stomach tumor, and needed surgery to stage the disease.
What could she do?
 
Cantor responded by suggesting her relative should seek “existing government programs.” 
She did not qualify, because of her house.
 
Cantor then summed up the Republican bottom line position by advising,
"...Beyond that, I know that there are programs, there are charitable organizations,
there are hospitals here who do provide charity care if there’s an instance of indigency and the individual is not eligible for existing programs that there can be some cooperative effort.
No one in this country, given who we are, should be sitting without an option to be addressed."
 
Why congressman Cantor, I couldn't agree more. But sending millions of sick people to find a charity as insurance, is not a reform plan! 
But it does sum up Republican interest in, and approach to, Americans and healthcare access.
 
 
 
 
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Investigate Oral Roberts University

Posted by coopmeister on Thursday, September 24, 2009 9:27:41 PM
Twenty years ago, televangelist Oral Roberts  was reading a spy novel when
God appeared to him and told him to raise $8 million for Roberts' university, or else he would be "called home." He did.

The school got caught sinning and pretty much folded. 
The usual, Money, power, and sex.

Mrs. Roberts —who was a member of the board of regents and was referred to as ORU's "first lady" on the university's Web site
frequently had cell-phone bills of more than $800 per month, with hundreds of text messages sent between 1 a.m. to 3 a.m. to "underage males who had been provided phones at university expense."
The government looks into this

 Sen. Charles Grassley requested that six ministries turn over certain financial records because he thinks said books may have been cooked.
3 of the televangelists heading these ministries are members of the Board of Regents at Oral Roberts University, a sleepover camp for Jesus that’s
Grassley is investigating whether these six ministers Paula White, Joyce Meyer, Creflo Dollar, Eddie Long, Kenneth Copeland and Benny Hinn are using their churches’ tax-exempt statuses to shield all the money they’ve spent on blow and iPhones. Dollar, Copeland and Hinn all sit on the Board of Regents at ORU, where they allegedly use Jesus funds to hire pederast janitors.

New school leaders, including billionaire Oklahoma City businessman Mart Green  heir to the Hobby Lobby craft supply store fortune —made the announcement during a student chapel service on campus. Green helped rescue the school two years ago with a $70 million donation.

Despite the new outlook, ORU still faces lawsuits from the days of the old regime: from a husband and wife faculty team, the former chief accountant, and two students who argue that their degrees will have diminished value because of the financial scandal.
All have hired Gary L. Richardson, a Tulsa attorney who filed multiple lawsuits against televangelist Robert Tilton in the 1990s.

Part of the problem in the past has been an alleged intermingling of funds and contributors from ORU and the Oral Roberts Evangelistic Association (OREA), the legacy organization that has carried on the ministry of Oral and Richard Roberts.

As the school moves away from its televangelist roots, can it remain true to its Pentecostal identity? Can it overcome what former provost Mark Lewandoski publicly called a "culture of fear," a reference to faculty and staff anxieties about bringing up problems to the administration?

I say we set up a congressional watchdog committee to monitor their every transaction.

http://watchingthewatchers.org/news/1314/oral-roberts-university-next
http://wonkette.com/319638/oral-roberts-regents-in-non-sex- scandal/
http://www.usatoday.com/news/nation/2007-10-05-oral-roberts-univ_N.htm
http://en.wikipedia.org/wiki/Oral_Roberts_University
http://en.wikipedia.org/wiki/Oral_Roberts_University
http://www.correntewire.com/christianist_oral_roberts_u_engulfed_in_scandal_with_hundreds_of_texts_from_roberts_first_lady_to_underage_males
http://www.christianitytoday.com/ct/2008/september/8.76.html
http://www.wtxl.com/Global/story.asp?S=11183102
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Hanging Fed census workers

Posted by coopmeister on Thursday, September 24, 2009 12:13:26 PM

ABC news reports that: 

A U.S. Census worker has been found, hanged to death, in Clay County.

The The FBI is investigating whether the death was caused by anti-government sentiment.

The word "FED" was found scrawled across the man's chest.

The victim is 51-year-old Bill Sparkman, a teacher and part-time Census field worker.

He was found September 12th, though the story was just coming to light almost two weeks later.

Granted the FBI and local authorities aren't saying much yet.....

But all the talk of "revolution" against our current government is increasingly seeming very creepy.

The Census Bureau has suspended door-to-door surveys in rural Clay County.

Tags: Feds   Politics  
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Saving our Superpower

Posted by coopmeister on Sunday, September 20, 2009 1:32:56 PM
Its been a heck of a ride being the world’s sole super power.

The big dog leading the pack of international systems with the ability to influence world events,
further our own interests and project a mighty force on a worldwide scale to protect those interests.

The irony of the GWB/DC administration time in office, is the ferocious power of unintended consequences.
Launching wars with a stunning lack of political strategy, lack of insight as to the diverse cultures of the invaded,
and delusional about the ease of installing an American-style government in lands of tribal feuding as old as the written word.

All the while bubbling just beneath the surface of the free market, "ownership society," an unfettered capitalism run amok explodes in our faces. To stave off total collapse, and financial armegeddon, the behemoth financial conglomerates that “are too big to fail,” and need all the capital the country can print.

Wounded by overreach, rigid failed neocon ideology, and plain idiocy, the US has been led to the crossroads of the path forged by the ancient giants like Egypt, Greece, the Roman empire, the Persian Empire, the Ottoman Empire, the kingdom, republic, and empires of France, the Dutch, and the British Empire.

In poker parlance, Obama inherited the “dead man’s hand.” Only time will tell if he escapes that same fate.


Tags: Politics  
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New Economics

Posted by coopmeister on Sunday, September 20, 2009 12:07:45 AM
I'm no economist.  But having been challenged to write on my economic theory, I dusted off the stand-by theories everyone learns in ECON 101..so I could try to articulate my own thoughts.

Economic theories by there very nature, are constantly changing, as their purpose is to put a foundation in place to benefit  the lives of the people. .

Greenspan and GWB panicked after 9/11, and created the biggest pool of liquidity the world had ever seen.
Greenspan's Federal Reserve brought rates down to 1% and left them there for more than a year.
This led to the US government going from a surplus of $250 billion left in the Clinton years
 to a deficit of around $350 billion. This was the biggest burst of fiscal and
monetary stimulation the world had ever seen.
The American consumer was making more on his house than he was making from his job.
And he was spending like crazy.
 It was free money.
Of course the market for housing collapsed between 2006 and 2007.
Quickly, $800 billion moved out from the spending economy.
The US economy is 71% consumer economy.
So, in the end, the consumer did not have any money.
Meanwhile as the financial industry was ruining itself it was also ruining the whole US economy.

 ECONOMIC THEORY MEETS the THE GREAT RECESSION

Keynesianism says spend more money in the public sector,
 Friedman says make money more easily available through lower interest rates.

Keynes' theory is to save in good times, to spend in bad times. But Americans never do that.
Friedman's theory is to keep cutting interest rates, but you can't cut interest rates below zero.
We are nearly there.

What of "Trickle Down" Economics?

In the past decade which encompassed George Bush’s two massive tax cuts,
 we have seen a massive, secular decline in the creation of private sector jobs.
The whole experiment in handing over money to the wealthiest people in America so they could use it to benefit the rest of us....ho-hum, a 3.7% decline in overall manufacturing jobs in the United States.
For the first time since the Depression, the American economy added virtually no jobs in the private sector over a 10-year period. Remember The Laffer curve? In the run up to the "great recession" of 2008 and 2009, Laffer dismissed the then-minority view that the sub-prime mortgage crisis was a precursor to a major market correction. This supply sider veteran of the Reagan WH predicted that the economy would continue to expand unabated by the growing credit crisis.

We Need a New Economic Theory.

A new economic recovery and growth program, 'economic theory,'
  This necessitates that we find a new big source of economic growth that can replace personal consumption as the main driver of economic growth in the short term and that over the medium term can lead to higher wages and incomes to support increased household consumption.

The Case for Massive Infrastructure Investment

The American Society of Civil Engineers estimates that we need to spend $1.6 trillion over the next five years to bring our basic infrastructure up to world standards, not to mention areas of infrastructure, like broadband access and new energy infrastructure for wind, solar, and clean coal.
 The U.S. Department of Transportation estimates that for every $1 billion invested in federal highways more than $6.2 billion in economic activity would be generated.
One of Moody’s best economists estimates that $150 billion in infrastructure spending would generate a nearly $240 billion increase (or close to a 2 percent increase) in GDP in the first year.
Expanded public infrastructure investment in the United States and the transition to intensive, energy-efficient growth in emerging economies will greatly increase the demand for American-made technology,

Any economic recovery theory must go beyond conventional thinking and harness the American economy to the new growth drivers of public infrastructure investment and rising demand for efficiency-enhancing technology.
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Global Warming Preparation

Posted by coopmeister on Monday, September 14, 2009 12:23:00 AM
INTERIOR SECRETARY KEN SALAZAR MOVED MONDAY TO PREPARE THE NATION'S PARKS,
REFUGES AND ENDANGERED SPECIES FOR THE IMPLICATIONS OF GLOBAL WARMING.

There are some differences of opinion among scientists about some of the details of climate change and the contribution of human activities, such as the burning of fossil fuels.

Researchers continue to collect more data about climate change and to investigate different explanations for the evidence. The overwhelming majority of scientists who work on climate change agree on the main points,
even if there is still some uncertainty about particular aspects, such as how the concentration of greenhouse gases in the atmosphere will change in the future.

Rising greenhouse gas concentrations in the atmosphere could set in motion large-scale, high-impact,
non-linear, and potentially abrupt changes in physical and biological systems over the coming decades
to millennia, with a wide range of associated likelihoods. Further some of the projected abrupt/non-linear changes
in physical systems and in  the natural sources and sinks of greenhouse gases could be irreversible,
but there is an incomplete understanding of some of the underlying processes.

Climate change is complex and not easy to predict. In order to make projections about climate change influenced by regional variability in the climate system and can depart appreciably from a global average. For instance, there was significant cooling in the North Atlantic between 1946 and 1975, as well as much of the Northern Hemisphere, and warming in much of the Southern Hemisphere. Although some regions of the world experienced significantly warmer or colder periods during the last 1000 years, such as the ‘Medieval Warm Period’ and the ‘Little Ice Age’, these were not worldwide changes like the increase in global average temperature recorded during the 20th century. From 2009 to 2014, projected rises in anthropogenic influences and solar irradiance will increase global surface temperature 0.15 ± 0.03°C, at a rate 50% greater than predicted by IPCC.

Arctic temperatures in the 1990s reached their warmest level of any decade in at least 2,000 years,
new research indicates. The study, which incorporates geologic records and computer simulations,
\provides new evidence that the Arctic would be cooling if not for greenhouse gas emissions that are overpowering natural climate patterns.
Scientists are still trying to gauge how much of the Greenland ice sheet may melt and how quickly the West Antarctic Ice Sheet might respond to rising temperatures due to greenhouse-gas emissions.

 "When an ice sheet melts, sea level change is not uniform," says climatologist Jonathan Bamber at the U.K.'s University of Bristol who studies Antarctic ice sheets.
Some signs pointing to higher seas around metropolitan New York.
The forecasts are the work of international research teams that included the University of Toronto, the National Center for Atmospheric Research in Boulder, Colo., Florida State University and the University of Bristol in the U.K., among others.

NY City's long-term planners are taking action but are trying to balance the cost of re-engineering the largest city in the U.S. against the uncertainties of climate forecasts.

Recent  Warming Reverses Long Term Arctic Cooling" Authors: Darrell S. Kaufman, David P. Schneider, et all,  and Journal of Paleolimnology special issue authors. Publication: Science, September 4, 2009

http://royalsociety.org/landing.asp?id=1278 ),

How will Earth's surface temperature change in future decades?, Lean, Rind (2009Geophys. Res. Lett., 36, L15708, doi:10.1029/2009GL038932.

"
Authors: Darrell S. Kaufman, David P. Schneider, et all, and Journal of Paleolimnology special issue authors. Publication: Science, September 4, 2009 New York City Braces for Risk of Higher Seas With Ocean Levels Rising, Coastal Cities Assess Computer Forecasts as They Weigh Future Costs, Exposure and Dangers WSJ Science Journal 9/11/09
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How 'bout that Dr. Boustany..

Posted by coopmeister on Thursday, September 10, 2009 10:09:30 PM
Tapped to give the Republican rebuttal after President Obama's speech to both houses of congress,
was a little known, but third term, Louisiana congressman, .Dr. Charles Boustany
A somewhat obscure choice, Boustany does boast some notable Republican-favored traits,
he's a birther, he attempted to become British royalty before his congressional bid, and is a physician, who has first hand experience in the vagaries of medical malpractice, and torts, having been sued for malpractice multiple times.

Determined to damper down any hint of charisma, enthusiasm, or knowledge of what had just been said,
he was able to articulate the party premise that insurance should be available, and accessible,
across state-lines, to all Americans. ]
Additionally, he agreed that much needs to be done to lower the cost of health care for all Americans.

His barn-burner summation, "Working together in a bipartisan way, we can truly lower the cost of health care while improving quality for the American people. If there was a party-wide desire to cement the notion that Republicans are disinterested in health care reforms, Dr. Boustany's speech, seemed a bit forced, but was above reproach. .

I don't know about all of you, but I'm thinking the next congressional republican that gets "the nod" to rebut this president, should be from a different state than Louisiana?

 How 'bout South Carolina?
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Healthcare reform What docs really think

Posted by coopmeister on Tuesday, September 08, 2009 9:00:54 AM
Apparently the American Medical Association has weighed in on Healthcare reform bills

The Allergists voted to scratch it,

but the Dermatologists advised not to make any rash moves.

The Gastroenterologists had sort of a gut feeling about it, but

he Neurologists thought the Administration had a lot of nerve.

The Obstetricians felt they were all laboring under a misconception.

Ophthalmologist considered the idea shortsighted.

Pathologists yelled, "Over my dead body!" while

the Pediatricians said, 'Oh, Grow up!'

The Psychiatrists thought the whole idea was madness, while

the Radiologists could see right through it.

Surgeons decided to wash their hands of the whole thing.

The Internists thought it was a bitter pill to swallow, and

 the Plastic Surgeons said, "This puts a whole new face on the matter."

The Podiatrists thought it was a step forward, but

the Urologists were pisssed off at the whole idea.

The Anesthesiologists thought the whole idea was a gas, and

the Cardiologists didn't have the heart to say no..

In the end, the Proctologists won out, leaving the entire decision up to the asssholes in Washington .
Tags: healthcare  
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