Betrayal by the “good guys” for whom I have ended up voting has become the norm

robert scheer...

I’ll admit it: Listening to Barack Obama, I am ready to enlist in his campaign against the feed-the-rich Republicans ... until I recall that I once responded in the same way to Bill Clinton’s faux populism. And then I get angry because betrayal by the “good guys” for whom I have ended up voting has become the norm.

Yes, betrayal, because if Obama meant what he said in Tuesday’s State of the Union address about holding the financial industry responsible for its scams, why did he appoint the old Clinton crowd that had legalized those scams to the top economic posts in his administration? Why did he hire Timothy Geithner, who has turned the Treasury Department into a concierge service for Wall Street tycoons?

Why hasn’t he pushed for a restoration of the Glass-Steagall Act, which Clinton’s deregulation reversed? Does the president really believe that the Dodd-Frank slap-on-the-wrist sellout represents “new rules to hold Wall Street accountable, so a crisis like this never happens again”? Can he name one single too-big-to-fail banking monstrosity that has been reduced in size on his watch instead of encouraged to grow ever larger by Treasury and Fed bailouts and interest-free money?

When Obama declared Tuesday evening “no American company should be able to avoid paying its fair share of taxes by moving jobs and profits overseas,” wasn’t he aware that Jeffrey Immelt, the man he appointed to head his jobs council, is the most egregious offender? Immelt, the CEO of GE, heads a company with most of its workers employed in foreign countries, a corporation that makes 82 percent of its profit abroad and has paid no U.S. taxes in the past three years.

scheer goes on to list more grievances but, imho, is seriously remiss in not citing obama's disgraceful record in foreign policy and civil liberties...

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If you happen to watch the State of the Union tonight and Obama mentions accountability, remember this

glenn...

The Rules of American Justice are quite clear:

(1) If you are a high-ranking government official who commits war crimes, you will receive full-scale immunity, both civil and criminal, and will have the American President demand that all citizens Look Forward, Not Backward.

(2) If you are a low-ranking member of the military, you will receive relatively trivial punishments in order to protect higher-ranking officials and cast the appearance of accountability.

(3) If you are a victim of American war crimes, you are a non-person with no legal rights or even any entitlement to see the inside of a courtroom.

(4) If you talk publicly about any of these war crimes, you have committed the Gravest Crime — you are guilty of espionage – and will have the full weight of the American criminal justice system come crashing down upon you.

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Calling bullshit on the White House and the SOTU - "Building a country ... where everyone is accountable for what they do"

this does NOT sit well with me...

White House aides said Monday that Obama will build on a speech he gave in Kansas last month. In it, Obama laid out what he called the two competing visions, a Republican blueprint for survival of the fittest that trusts unregulated markets to lift the country, and his vision, which asks the government to take an active hand.

"The State of the Union will be a bookend to the president's speech in Kansas last month about the central mission that we have as a country and his focus as president: Building a country and an economy where we reward hard work and responsibility, where everyone does their fair share, and where everyone is held accountable for what they do," White House Press Secretary Jay Carney said Monday.

boy, i sincerely hope obama uses those very words in the SOTU because they deserve to be hung around his neck like an albatross... obama came into office with one of the biggest opportunities to demonstrate and enforce accountability that have been given to any president in the history of this country and he not only blew them off, he made the principles of accountability and the rule of law in the united states global icons of hypocrisy...

i'm not going to chronicle the multiple instances where obama has given the finger to accountability... i've posted on it more times than i care to count along with folks like glenn greenwald, chris hedges and others... obama's record on accountability is nothing short of shameful and that he could even be considering pushing accountability as a focus in the sotu is beyond laughable... and yet he continues to add fuel to the fire as dean baker points out in today's piece on the mortgage fraud "settlement"...

Is the Obama Administration Soft on Crime?

That would seem to be the case from the leaks about a mortgage settlement which would reportedly give the banks and their executives immunity for all their misdeeds connected with the housing bubble in exchange for $20 billion in principle write-downs on underwater mortgages. And, Naked Capitalism reminds us that this $20 billion need not even come out of the banks' pockets. This includes write downs on mortgages that they are servicing, which means that the money would come out of investors' pockets.

Apart from the limited money at stake, the question is why would there be a reason to grant immunity for criminal wrong-doing? If people at these banks committed fraud, for example by lying about possessing documents that they did not possess, lying about the terms of loans to mortgage applicants or misrepresenting the mortgages in pools to investors, then why would we want to give them a get out of jail free card?

If no such fraud was committed, then there is no reason to include this sort of immunity in a settlement. The only reason to grant immunity of this type is if fraud was committed and the Obama administration wants to let the bankers off the hook.

i really don't want to watch the sotu tonight but probably will only if i have a good supply of anti-nausea medication on hand...

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Hypocrisy, double-speak and denial ran amok in the SOTU

robert scheer...

The speech was a distraction from what seriously ails us: an unabated mortgage crisis, stubbornly high unemployment and a debt that spiraled out of control while the government wasted trillions making the bankers whole. Instead the president conveyed the insular optimism of his fat-cat associates: “We are poised for progress. Two years after the worst recession most of us have ever known, the stock market has come roaring back. Corporate profits are up. The economy is growing again.” How convenient to ignore the fact that this bubble of prosperity, which has failed the tens of millions losing their homes and jobs, was floated by enormous government indebtedness now forcing deep cuts in social services including state financial aid for those better-educated students the president claims to be so concerned about.

His references to education provided a convenient scapegoat for the failure of the economy, rather than to blame the actions of the Wall Street hustlers to whom Obama is now sucking up. Yes, it is an obvious good to have better-educated students to compete with other economies, but that is hardly the issue of the moment when all of the world’s economies are suffering grievous harm resulting from the irresponsible behavior of the best and the brightest here at home. It wasn’t the students struggling at community colleges who came up with the financial gimmicks that produced the Great Recession, but rather the super-whiz-kid graduates of the top business and law schools.

What nonsense to insist that low public school test scores hobbled our economy when it was the highest-achieving graduates of our elite colleges who designed and sold the financial gimmicks that created this crisis. Indeed, some of the folks who once designed the phony mathematical formulas underwriting subprime mortgage-based derivatives won Nobel prizes for their effort. A pioneer in the securitization of mortgage debt, as well as exporting jobs abroad, was one Jeffrey Immelt, the CEO of GE, whom Obama recently appointed to head his new job creation panel.

not much left of that hopey-changey thingy, eh...?

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Instance No. 1,657,493 of Bush not walking his talk

maybe it's actually no. 1,657,494... dunno... i think i may have missed one back in may 2001...

President Bush drew great applause during his State of the Union address last month when he called on Congress to allow U.S. troops to transfer their unused education benefits to family members. "Our military families serve our nation, they inspire our nation, and tonight our nation honors them," he said.

A week later, however, when Bush submitted his $3.1 trillion federal budget to Congress, he included no funding for such an initiative, which government analysts calculate could cost $1 billion to $2 billion annually.

veterans...? bah... just piece parts for the war machine... to hell with 'em...

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Juan Cole on the SOTU: "He won't be missed"

wasn't interested, didn't watch it and, other than this from juan cole, so far haven't read anything about it, but nevertheless thought professor cole's summary and rebuttal must be about as good as it gets...

When Bush first came in, the comedian Will Ferrell did a skit on the television show "Saturday Night Live" that depicted the president cowering under his desk as bombs went off in Washington and the country went down the tubes. Coming after the prosperity and relative peace of the Clinton years, it seemed a fantastic parody. Little did we know that if anything SNL did not begin to capture the full extent of the catastrophe.

Nobody cares any more, unlike in 2003 when shills for the war were always on my case to "report the good news" and lay off Bush. Some of my "arguments with Bush" during the past 7 years were internet bestsellers. Now, the man has discredited himself so badly, he can't even get people to so much as yawn at him. But in honor of all those arguments of the past, I'm doing it one last time.

As usual, most of what he said in the State of the Union address was transparent lies. He praised private groups for doing charity work in Louisiana because he hasn't followed through on his own promises after Katrina. He did that phony thing of reporting the average tax "increase" if his "tax cuts" were allowed to expire. If I'm in the room with someone who made a billion dollars last year and Bush doesn't cut my taxes at all but he cuts those of the billionaire such that he saves 5% of his income, then the two of us in the room have an average tax cut of $25 million apiece. But in the real world, I get bupkus and the billionaire gets $50 million. That shell game sums up the Republican "tax cut" scam they keep running on the American middle class, which always falls for it.

So here are some last arguments with the man's bald faced lies, for old times sake.

Bush assertion: "We believe that the most reliable guide for our country is the collective wisdom of ordinary citizens."

Sad Fact: Indiana GOP tries to keep ordinary citizens from voting with restrictive photo identification law.

Bush assertion: "And so, in all we do, we must trust in the ability of free peoples to make wise decisions and empower them to improve their lives for their futures."

Sad fact: Amit Paley writes, "A strong majority of Iraqis want U.S.-led military forces to immediately withdraw from the country, saying their swift departure would make Iraq more secure and decrease sectarian violence, according to new polls by the State Department and independent researchers.
In Baghdad, for example, nearly three-quarters of residents polled said they would feel safer if U.S. and other foreign forces left Iraq, with 65 percent of those asked favoring an immediate pullout . . ."

Bush assertion: "We've seen Afghans emerge from the tyranny of the Taliban and choose a new president and a new parliament."

Sad fact: "Afghanistan Journalist sentenced to Death for Blasphemy" and I don't think women would agree with Bush's rosy picture of progressive democracy in Kabul. Not to mention that half the country's gross domestic product is generated by the heroin trade. Bush goes on to say that his democratic projects are only being interrupted by terrorists; but all the problems above are problems with the establishment, not with terror groups.

Bush assertion: "From expanding opportunity to protecting our country, we've made good progress."

Sad fact: Bush's Iraq is a major generator of terrorism, which it was not before 2003. "Iraq has replaced Afghanistan as the prime training ground for foreign terrorists who could travel elsewhere across the globe and wreak havoc, according to U.S. counterterrorism officials and classified studies" by the CIA and the Department of State, Warren P. Strobel reported July 4, 2005. "Iraq's emergence as a terrorist training ground appears to challenge President Bush's rationale for invading and overthrowing leader Saddam Hussein in March 2003," Strobel wrote." So we are safer how again?

Bush assertion: "We launched a surge of American forces into Iraq. We gave our troops a new mission: Work with the Iraqi forces to protect the Iraqi people, pursue the enemy in his strongholds, and deny the terrorists sanctuary anywhere in the country."

Sad fact: "The Iraqi Red Crescent Organization and the U.N. reported last month that the "number of Iraqis fleeing their homes has soared since the American troop increase began in February". . . The chart reports some decreases in the intensity of "ethno-sectarian violence" in certain Baghdad districts (Note: This is based on military data). But where there have been decreases, they are due largely to the fact that "mixed Muslim" areas are being overrun by either Shia or Sunni enclaves.The map above demonstrates that Shias have been gradually taking over all of Baghdad (noted by the green mass that now covers much of the city), wiping out Sunni communities that stood in their path. Center for American Progress analyst Brian Katulis estimated that Baghdad, which once used to be a 65 percent Sunni majority city, is now 75 percent Shia."

A large proportion of the 1.5 million Iraqi refugees in Damascus was displaced to Syria during 2007, apparently as a side effect of Bush's troop surge.

So all this involves "protecting the Iraqi people" how, exactly? Does Bush think Iraqis are safer when they are refugees in a foreign country?

He won't be missed.

now, if we can just figure out how to remove the legacy of unfettered, criminal executive power along with the man...

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The dismal reality of "The State of the Union"

what can you do but watch and shake your head...?

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