Blog Flux Directory Subscribe in NewsGator Online Subscribe with Bloglines Blog directory
And, yes, I DO take it personally: 05/10/2009 - 05/17/2009
Mandy: Great blog!
Mark: Thanks to all the contributors on this blog. When I want to get information on the events that really matter, I come here.
Penny: I'm glad I found your blog (from a comment on Think Progress), it's comprehensive and very insightful.
Eric: Nice site....I enjoyed it and will be back.
nora kelly: I enjoy your site. Keep it up! I particularly like your insights on Latin America.
Alison: Loquacious as ever with a touch of elegance -- & right on target as usual!
"Everybody's worried about stopping terrorism. Well, there's a really easy way: stop participating in it."
- Noam Chomsky
Send tips and other comments to:

And, yes, I DO take it personally

Friday, May 15, 2009

GM axing 1100 out of 6000 dealerships and, besides dumping Pontiac, is putting Saturn, Hummer and Saab on the block

as with the news yesterday about chrysler (see previous post), i wonder what this is going to do to unemployment figures... you can be sure it will be ugly...
GM to Slash 1,100 Dealerships

General Motors is notifying 1,100 of its 6,000 dealers today that it will not renew their franchise agreements when they expire by October 2010.

This is the automaker's first step in slashing 40 percent of its retail network as part of a major restructuring aimed at reviving the company. GM plans to shrink its dealer network down to 3,600 dealers by the end of next year.

GM said over 90 percent of the remaining dealers will be offered a chance to remain with the company.

The automaker has announced it will no longer continue the Pontiac line and is now in the process of looking for buyers for Saturn, Hummer and Saab. The company said it will be soon be updating those 470 dealers on the status of those jettisoned brands.

can the news of gm's bankruptcy be far behind...?

Labels: , , , , ,

Submit To Propeller

[Permalink] 0 comments

Thursday, May 14, 2009

Chrysler sends 25% of its dealerships to the showers

just be glad you aren't a chrysler dealer...
Chrysler Plans to Shut One Quarter of Its Dealers

Chrysler, which filed for bankruptcy protection two weeks
ago, sent letters to 789 of its 3,200 American dealers
revoking their franchises with the carmaker.

i wonder how many jobs this is going to nix...

Labels: , ,

Submit To Propeller

[Permalink] 0 comments

Wednesday, May 13, 2009

When somebody like Max Boot writes an op-ed supporting Obama, my concerns with Obama turn to despair

not good...
President Obama and his aides continue to impress with their handling of Afghanistan. Not only have they approved a major troop increase and a de facto commitment to nation-building, but now they have shifted personnel to make the most effective use of the added resources and turn around a failing war effort.

max boot is right up there with bill kristol, charles krauthammer, michael smerconish, and karl rove in being a neocon to the bone... i've been less than thrilled with the obama administration so far, but to see one of these guys jumping on board is more than deeply troubling...

Labels: , , , , , , ,

Submit To Propeller

[Permalink] 0 comments

Tuesday, May 12, 2009

Is this maybe why Spitzer was set up for a fall...?

spitzer seems to be talking pretty straight to me, something that was certainly not a quality that endeared him to the powerful moneyed elites who saw to it that he went down...

here he's talking about the federal reserve bank of new york in slate magazine...

[I]s it any wonder that the N.Y. Fed has been complicit in the single greatest bailout of poorly managed banks in history? Any wonder that it has given—with virtually no strings attached—practically the entire contents of the Treasury to the very banks whose inability to manage risk has brought our economy to its knees? Any wonder that not a single CEO or senior executive of a major bank has been removed as a condition of hundreds of billions of direct cash and guarantees? Any wonder that, despite its fundamental responsibility to preserve the integrity of the banking system, it sat quietly on the sidelines as the leverage beneath the banks exploded and the capital underlying their investments shrank?

I do not mean to suggest that any of these board members intentionally discharged their duties with the specific goal of benefitting themselves. Rather, what we have seen is disastrous groupthink, a way of looking at the world from the perspective of Wall Street and Wall Street alone. That failure has brought the world economy to the edge of unraveling. And some of Geithner's early missteps betrayed an inability to get beyond this tunnel vision, such as the idea that the banks need to be first in line to be paid and to be paid in full. We can only hope that Geithner, who, to his credit, did try to raise some of the regulatory issues that mattered while he was at the Fed, is no longer in the mental prison of Lower Manhattan and will have more success now that he has a board of one—President Obama.

Perhaps it is time to calculate what these board members have been paid by their banks in salary and bonuses over the years and seek to have them return it to the public as small compensation for their failed oversight of the N.Y. Fed. And more fundamentally, perhaps it is time to take a hard look at the governing structure and supposed independence of this institution that actually controls the use of our tax dollars and, heaven help us, the fate of our economy.

it's not only time, it's way, way, WAY past time...

Labels: , , , , , , ,

Submit To Propeller

[Permalink] 0 comments

Monday, May 11, 2009

You knew somebody would do it...!

as of mid-morning monday, argentina time, this was the google ad at the top of the blog...



Labels: , , ,

Submit To Propeller

[Permalink] 0 comments

Who is Bernie Madoff protecting...? And the better question is WHY...?

from brasscheck tv...
Here is a guy who stole over $65 BILLION from some of the sharpest people on earth in broad daylight and no one - not the banks, not the venture funds, not the federal government - have been able to figure out: 1) how he did it and 2) who else was involved.

Serious, lethal-minded people know very well how to keep things secret and anyone who thinks earth-shaking secrets can't be kept secure for long, long periods of time is an absolute idiot.

So who is Bernie Madoff protecting?

If the Feds fail to figure it out, you can bet that their incompetence is intentional

forget the tin-foil hat... i'm moving to a tin-foil HOUSE...

Labels: , , ,

Submit To Propeller

[Permalink] 0 comments

Juan Cole on Palestinian statelessness and Obama's possible initiative

i'm trying not to feel encouraged because, when i do, it's usually a set-up for massive disappointment...

however, i'll let juan cole tell it...

King Abdullah II of Jordan revealed to the Times of London that the Obama administration may attempt a comprehensive peace treaty between Israel and the entire Muslim world. The latter would recognize Israel and grant El Al overflight rights. Israel in return would have to freeze settlement activity and move smartly toward a two-state solution and the establishment of a Palestinian state, with Israeli settlers removed from the West Bank. The status of Jerusalem would be left for later negotiations.

Abdullah warned that if rapid progress is not made, another war will probably break out in the region within 18 months to two years.

In my view, the central problems in the Israeli-Palestinian conflict are the statelessness of the Palestinians in the Occupied Territories and in their diaspora, the continued military occupation or blockade by the Israelis, and the rapid expansion of Israeli colonies, which are usurping Palestinian land and rights.

Until the statelessness of the Palestinians is understood and seen as the central problem that it is, there can be no real progress on the issues. Statelessness was an attribute of slaves in premodern times. The Jews of Europe in the 1930s and 1940s were the primary victims of the crime of stripping people of their citizenship in a state. It is monstrous that Palestinians should be stateless all these decades after 1948. Make no mistake; it is Israel that deprived them of statehood, which the 1939 British White Paper pledged to them, and which other League of Nations Mandates, such as French Syria and Lebanon and British Iraq, achieved.

A stateless person ultimately has no rights, since it is states that guarantee rights. A stateless person may be robbed, raped, and sometimes even killed with impunity. Stateless children are often deprived of schooling. Since the property of the stateless is ambiguous with regard to its legal status, the stateless are at risk for extreme poverty. The contemporary world is a world of states, and falling between the cracks because you lack citizenship in any state is a guarantee of marginality and oppression.

Apologists try to shift the blame for Palestinian statelessness from Israel to someone else. But it won't work. The original tort of derailing Palestinian independence was Israel's, and Israel has been the main force preventing the declaration of a Palestinian state, so it is Israel that must step up here. Other countries cannot be expected to solve a problem created by the Israelis, nor do most of the countries in the region have the economic efflorescence or governmental stability to do so.

It seems obvious what needs to be done to end Palestinian statelessness. If a Palestinian state isn't created in short order, the world is in for decades of Apartheid and political decay and consequent trouble, including terrorism and further wars. At the end of this process likely Israel will be forced to absorb the Palestinians as its own citizens, i.e. you end up with a one-state solution. The reason that there is more talk about the latter now is that it does at least resolve the central problem, of Palestinian statelessness, a problem that cannot be solved in any other way once a Palestinian state is forestalled by the massive Israeli colonization of the West Bank. (Actually I should say "Israeli and American," since a third of the Israeli squatters in the West Bank are Americans).

If Obama really is making this push for a comprehensive settlement, it is an enormous undertaking and its success is by no means assured (to say the least). He will have to be tough with Netanyahu and Lieberman, who will try to sabotage any such move. At least, the Obama administration is demonstrating some independence, and is no longer doing extensive advance briefings for Israeli officials on US diplomacy in the region.

looks like maybe even the pope, despicable individual that he is, may be getting in on the act...
Pope Benedict XVI called for the establishment of an independent Palestinian homeland immediately after he arrived in Israel Monday, a stance that could put him at odds with his hosts on a trip aimed at easing strains between the Vatican and Jews.

guess we'll have to wait and see or, as they say here in argentina, nos vemos...

Labels: , , , , , , , , , , , ,

Submit To Propeller

[Permalink] 0 comments

Sunday, May 10, 2009

Unless we work to reclaim our own power, there will never be real change

obama notwithstanding...

from brasscheck tv...

Here's where we're at in America...

In order to learn about "We Are Change" - a real news service - we have to depend on a television channel in Russia.

And the Internet.

not that russian media is necessarily free and open with news about russia, but that's not the point... the point is that thank god we have access to SOME source of honest news...

Labels: , , , , ,

Submit To Propeller

[Permalink] 0 comments