July 23, 2008

AP IMPACT: Big Oil profits steered to investors

Can someone explain why the oil companies should be permitted to drill offshore after reading this:
The five biggest international oil companies plowed about 55 percent of the cash they made from their businesses into stock buybacks and dividends last year, up from 30 percent in 2000 and just 1 percent in 1993, according to Rice University's James A. Baker III Institute for Public Policy. The percentage they spend to find new deposits of fossil fuels has remained flat for years, in the mid-single digits. AP IMPACT: Big Oil profits steered to investors

July 22, 2008

About half of pension sponsors have frozen plans

With all the talk about the problems with Social Security (which is happens to greatly exaggerated) no one seems to want to talk about the growing problem that is occurring with private pensions:
The Government Accountability Office said more than 3 million people covered by its study, which represented about a fifth of all participants in single-employer defined-benefit plans, are affected by freezes. Most sponsors with frozen plans have set up retirement savings alternatives, such as 401(k) plans that may offset some losses, but "a freeze generally implies a reduction in anticipated future retirement benefits," the GAO said. "When companies freeze plans, older employees often experience huge benefit losses and younger workers are left to save for themselves," said Karen Friedman, policy director for the Pension Rights Center. "Congress needs to step up to the plate to develop solutions that encourage companies to preserve their employer-paid, guaranteed pension plans, not freeze them." About half of pension sponsors have frozen plans
The reality is, is that we are all far more dependent on the pensions will be receiving from our employers then Social Security. In fact the bulk of our retirement will come from then pensions we receive from our employers when we retire.

July 21, 2008

Juan Cole sets the record straight about the surge in Iraq among other things.....

Juan Cole shows that the success of the troop in Iraq is nothing but BS.
Despite all the talk about Iraq being "calm," I'd like to point out that the month just before the last visit Barack Obama made to Iraq (he went in January, 2006), there were 537 civilian and ISF Iraqi casualties. In June of this year, 2008, there were 554 according to AP. These are official statistics gathered passively that probably only capture about 10 percent of the true toll.
Further he points out the following impact the surge did have and dismissed by the Bush Administration:
The troop escalation, which actually allowed the ethnic cleansing of the Sunnis of Baghdad and the expulsion of hundreds of thousands of Iraqis from the country, has largely been pushed as propaganda by the White House and the AEI.

McCain Campaign Seeing Red.

From TAPPED comes this tidbit:
McCain's claim to be more "American" than Barack Obama is true in at least one sense -- like most American families, McCain's campaign is deep in credit card debt. It owes American Express $1.37 million.

July 20, 2008

Brothel enjoys boom during papal visit

And this surprises you?
A brothel offering a special discount during Pope Benedict's visit to Sydney said yesterday that business had more than doubled since the pontiff arrived in the city. The owner of the upmarket bordello Xclusive said she had hired extra women to meet increased demand during the July 15-20 World Youth Day events, which have seen hundreds of thousands of pilgrims descend on Sydney. While the brothel was not targeting pilgrims, a 10 per cent discount for people associated with World Youth Day, including the 3,000 to 5,000 media members covering the papal visit, had significantly boosted business, she said. Brothel enjoys boom during papal visit

July 19, 2008

'As Soon as Possible': Iraq Leader Maliki Supports Obama's Withdrawal Plans - International - SPIEGEL ONLINE - News

At some point one wishes the wingers would wake up and realize that even the people we helped bring to power in Iraq want us to go.
But then, apparently referring to Republican candidate John McCain's more open-ended Iraq policy, Maliki said: "Those who operate on the premise of short time periods in Iraq today are being more realistic. Artificially prolonging the tenure of US troops in Iraq would cause problems." Iraq Leader Maliki Supports Obama's Withdrawal Plans

July 08, 2008

Good Point!

Waxman has a good point. Why are the taxpayers paying for someone to be in charge of politics in the White House?

Think Progress » ThinkFast: July 8, 2008

Rep. Henry Waxman (D-CA) is considering legislation to cease funding of Karl Rove-type advisers in future administrations. “Why should we be using taxpayer dollars to have a person solely in charge of politics in the White House?” Waxman said. “Can you imagine the reaction if each member of Congress had a campaign person paid for with taxpayer dollars?”

July 07, 2008

The Other Surge

While MSM has been spending most of it's time discussing how the surge has worked in Iraq they've been ignoring another surge. A surge whose consequences could have some far reaching affects.

Suicide Bomber Kills 41 in Afghan Capital - NYTimes.com

A huge blast from a suicide car bomb at the gates of the Indian Embassy on Monday killed 41 people in the deadliest suicide car bombing since the American-led invasion of Afghanistan in 2001 ousted the Taliban.


'A Regional War that Is Spreading to Pakistan' - Spiegle Online

Rashid: The Pakistani tribesmen, the Pashtuns, who helped al-Qaida to escape from Afghanistan in 2001, were benefiting enormously from this new relationship with the Taliban and al-Qaida -- they were the hosts and the protectors of al-Qaida and received large sums of money from them. They also felt encouraged to form their own militias. The real fault lies in the Americans' lack of interest in the Taliban after 2001. They insisted again and again that the only enemy was al-Qaida. This allowed Pakistan to accept the retreating Taliban and give them refuge.

July 04, 2008

A Happy and Safe 4th of July

declaration_independence.jpg

June 27, 2008

This is of some concern....

I suggest you read the rest of the article.

Fears rise that key Pakistani city will fall to Islamic militants

Taliban groups and other extremist warlords now threaten Peshawar from three sides. Should they take over Peshawar, the rest of the North West Frontier Province could follow, leaving Islamic extremists in control of a region that borders Afghanistan and sits astride one of the main supply routes to U.S. and coalition troops there.

Are we really suppose to these two senators seriously?

Excuse me while I pick myself up off the floor after rolling around laughing. Are these two for real?

Think Progress .

Larry Craig and David Vitter — “two United States Senators implicated in extramarital sexual activity” — have named themselves as co-sponsors of S.J. Res. 43, the Marriage Protection Amendment. If passed, the bill would amend the Constitution to declare that marriage “shall consist only of the union of a man and a woman.”

June 25, 2008

While We Sleep.....War With Iran Is Being Planned

I really am afraid that something like this is going to happen. Via TPM Cafe

Check out this CBS report (and video) about supposed Israeli plans to attack Iran. I think there is a very good chance it will happen soon. The Israelis will start by attacking but the US will jump in to help Israel finish the job. As was the case with the UK and France in the Sinai campaign of 1956, the US intervention will be pre-arranged.

I hear the one major obstacle to this is the presence of Bob Gates as Secretary of Defense.

He does not favor an attack by us or by Israel.

Will that be enough to stop the next war? Hopefully it will be because we sure cannot count on Congress -- neither Republicans nor most of our favorite liberal Democrats -- to oppose war with Iran.

Biofuels aren't the answer......

There's an interesting article in Spiegel Online about how biofuels are not only driving up fuel prices but according to a report from Oxfam, but are also not helping to reverse global warming.
Oxfam wants the EU to scrap its ambition to use biofuels in one-tenth of its transport fuel by 2020. The EU's stated goal was to reduce greenhouse gas emissions and reduce European dependence on foreign oil, but Bailey told reporters that biofuels would accomplish neither goal. "Biofuels are taking over agricultural land and forcing farming to expand into lands that are important carbon sinks, like forests and wetlands," claims the report. "This triggers the release of carbon from soil and vegetation that will take decades to repay." Oxfam Warns Poor Nations against Biofuels

June 23, 2008

R.I.P. George Carlin

http://ccinsider.comedycentral.com/photos/uncategorized/2007/10/04/georgecarlin.jpg

June 22, 2008

The times they are a changing

Obviously, it was only a matter of time:
"The Bush coalition is dissolving," pollster John Zogby said. "We have polling showing one-fifth of conservatives supporting Obama." It seems an unlikely alliance, as some of the star intellectual names who have long given philosophical sustenance to Republican rule clamber aboard Senator Obama's bid for the White House. High priests of conservatism see Obama as economic, diplomatic saviour

June 20, 2008

What a surprise!


Think Progress » White House exerts executive privilege to hide global warming documents.
As the Wonk Room’s Brad Johnson reports, President Bush today exerted executive privilege to block the House Oversight Committee’s subpoenas for EPA documents on global warming, heading off a scheduled contempt vote for EPA Administrator Stephen Johnson and White House Office of Management and Budget regulatory administrator Susan Dudley. Committee chairman Henry Waxman’s (D-CA) blistering response to the news:

I don’t think we’ve had a situation like this since Richard Nixon was president. When the President of the United States, may have been involved in acting contrary to law and the evidence that would determine that question for Congress, in exercising our oversight, is being blocked by an assertion of executive privilege. I would hope and expect this administration would not be making this assertion without a valid basis for it, but to date I have not seen a valid instance of their executive privilege.

My Podcasts


Read this on Grazr.com

June 19, 2008

WTF!


WTF!

U.S.: More Than 1,000 Nuclear Weapons Parts Missing | Stratfor
The U.S. military cannot locate more than 1,000 nuclear missile components, the Financial Times reported June 19 sourcing several government officials familiar with a Pentagon report. One official reportedly disclosed that the investigation revealed issues with record keeping but assured that none of the components had ended up with countries that should not have them.

June 16, 2008

Just Amazing!

With all the the problems we face that will require a huge scientific effort to solve it is hard to believe candidates for public office as well as those already holding office insist on embracing the "intelligent design" claptrap!

Leading McCain VP Candidate Bobby Jindal Supports Creationism As Part Of ‘The Very Best Science'

I don’t think students learn by us withholding information from them.

… I want them to see the best data. I personally think human life and the world we live in wasn’t created accidentally. I do think that there’s a creator. … Now the way that he did it, I'd certainly want my kids to be exposed to the very best science. I don't want any facts or theories or explanations to be withheld from them because of political correctness. 

Abu Ghraib wasn't a aberration

McClatchy reported in an article: U.S. abuse of detainees was routine at Afghanistan bases.

The eight-month McClatchy investigation found a pattern of abuse that continued for years. The abuse of detainees at Bagram has been reported by U.S. media organizations, in particular The New York Times, which broke several developments in the story. But the extent of the mistreatment, and that it eclipsed the alleged abuse at Guantanamo, hasn't previously been revealed.
I think more then anything the article makes clear that it is the Bush Administration that is responsible for the situation.

Because President Bush loosened or eliminated the rules governing the treatment of so-called enemy combatants, however, few U.S. troops have been disciplined under the Uniform Code of Military Justice, and no serious punishments have been administered, even in the cases of two detainees who died after American guards beat them.

The Administration obviously knew it was shaky ground.

The Bush administration refuses to release full records of detainee treatment in the war on terrorism, and no senior Bush administration official would agree to an on-the-record interview to discuss McClatchy's findings.


At it wasn't just an isolated single event but occurrd over a period of time.

U.S. soldiers' testimony in military investigations after the deaths of Habibullah and Dilawar suggested that detainee abuse at Bagram occurred from the summer of 2002 to spring of 2003, a period of about seven months.

Nor were some of  the victims of any intelligence value.

Nazar Gul was of even less intelligence value. None of the Afghan security or intelligence officials whom McClatchy interviewed said they'd heard of Gul, making it unlikely that he was the dangerous insurgent the U.S. said he was.

Gul's American attorney, Ruben L. Iniguez, went to Afghanistan and Pakistan in 2006 to check the details of his story of working as a guard for the Afghan government, and later said in sworn court filings — which included videotaped testimony by witnesses — and in an interview with McClatchy that every fact checked out.

The Administration created a lawless environment.

Bush's order made it hard to prosecute soldiers for breaking such rules under the military's basic law, the Uniform Code of Military Justice, in large part because defense attorneys could claim that troops on the ground didn't know what was allowed.

(snip)

In sweeping aside Common Article Three, the Bush administration created an environment in which abuse such as that at Bagram was more likely, said Garraway, a former professor at the U.S. Naval War College.


Personally before a single one of these should face charges, Bush and members of his Administration should face war crimes charge.

June 14, 2008

It's not about the facts....

Of course those who want to change Social Security aren't going to say when it will become insolvent. It would defeat the entire purpose of what they are attempting to accomplish. That is to destroy the system itself!

Social Security Is Fully Solvent Until 2046

That is a point worth mentioning in a discussion of measures intended to lengthen its period of solvency. There are many people who are convinced that the program is on the edge of bankruptcy. This is the result of a well-financed scare campaign by people like Peter Peterson.

The Post neglected to mention this important fact in its discussion of a proposal by Senator Obama to raise Social Security taxes on people earning more than $250,000 a year.

June 13, 2008

Tim Russert Dead at 58

NBC's 'Meet The Press' Host Tim Russert Dead At 58

NBC Senior Vice President and Washington Bureau Chief Tim Russert is dead. The longtime moderator of "Meet The Press" was 58 years old.

According to the MSNBC biography on Russert, he was the Managing Editor and Moderator of "Meet the Press" and political analyst for "NBC Nightly News" and the "TODAY" program. He anchors "The Tim Russert Show," a weekly interview program on MSNBC. Russert also serves as senior vice president and Washington bureau chief of NBC News.

The Gitmo Gift Shop

This just makes me queasy. Who was the rocket scientist that came up with this
idea. There is nothing touristy about this.

Via Think Progress comes this:

The left breast of the front of the shirt is emblazoned with the words “Operation Enduring Freedom” and “JTF,” which stands for Joint Task Force. The back of the shirt, in large lettering, says “JTF GTMO” and in slightly smaller font below it, “DETAINEE OPERATIONS, U.S. NAVAL STATION, GUANTANAMO BAY, CUBA.”
gitmogear.jpg

Not on the same page.....

Prime Minister Nouri al-Maliki, speaking in Amman, Jordan, said ongoing talks with the U.S. on a Status of Forces Agreement "have reached an impasse." The impasse, he said, came at the end of the first phase of negotiations, with others to follow "until we reach a decision that ensures the sovereignty of Iraq."

Meanwhile, one of Iraq's most influential clerics, Muqtada al Sadr, divided his thousands of followers into a smaller armed contingent that would be authorized to attack American troops and a much larger group that he he called on to show restraint against the American occupation.

Armed resistance against the occupation "will be [done] exclusively by a group which will be soon authorized by us, for those who have experience," Sadr said. Only that group will be allowed to hold weapons, he added.  Maliki says talks over U.S. troop presence at an impasse


June 12, 2008

Gov. Dobbs

What Josh says:

Besides Godzilla deciding to move behind the camera and go into directing, the idea of Lou Dobbs running for Governor of New Jersey strikes me as one of developments that either heralds the coming of the apocalypse or would be good grist for reality tv.

Gov. Dobbs
Josh Marshall