side note: This was something I was worried about when President Dubya announced that we had to bail out the banks, we had to flood our financial institutions with money or the sky was going to fall. Then Henry Paulson goes to Congress with a one page proposal for $700 million dollars, and then Bloomberg news announced they have uncovered that the Federal Reserve used their emergency powers to loan $2 trillion, yes trillion dollars, to unknown entities…on top of the $700 million they were asking for. What raises red flags in my head is that during the entire Bush years…..they used fear tactics to push their agenda through Congress….the American people…whomever they needed to convince. And here they were, once again…following the same script. We know that the neo-cons want to privatize everything….they want to “shrink government to the size where we can drown it in a bathtub”. Now…a few years later, we see that no President is going to be able to push their domestic agenda through…b/c there’s no money available, from the below NYTimes article: “there is virtually no room for new domestic initiatives for Mr. Obama or his successors.” Do I know for sure that the bailout was bullshit? Nope…not an economics guy myself….but how can these guys do everything wrong, or right if you’re part of the elite in this country…and then suddenly get something correct……just doesn’t add up.

By DAVID E. SANGER
The New York Times

WASHINGTON — In a federal budget filled with mind-boggling statistics, two numbers stand out as particularly stunning, for the way they may change American politics and American power.

The first is the projected deficit in the coming year, nearly 11 percent of the country’s entire economic output. That is not unprecedented: During the Civil War, World War I and World War II, the United States ran soaring deficits, but usually with the expectation that they would come back down once peace was restored and war spending abated.

But the second number, buried deeper in the budget’s projections, is the one that really commands attention: By President Obama’s own optimistic projections, American deficits will not return to what are widely considered sustainable levels over the next 10 years. In fact, in 2019 and 2020 — years after Mr. Obama has left the political scene, even if he serves two terms — they start rising again sharply, to more than 5 percent of gross domestic product. His budget draws a picture of a nation that like many American homeowners simply cannot get above water.

For Mr. Obama and his successors, the effect of those projections is clear: Unless miraculous growth, or miraculous political compromises, creates some unforeseen change over the next decade, there is virtually no room for new domestic initiatives for Mr. Obama or his successors. Beyond that lies the possibility that the United States could begin to suffer the same disease that has afflicted Japan over the past decade. As debt grew more rapidly than income, that country’s influence around the world eroded. (more…)

side note: Hmmmm……After watching the video below and learning about “The Great Disappointment”, which was a movement headed up by William Miller, the founder of the Millerite Movement. He predicted that Jesus would come back on a certain date……anyone want to guess if he was right? I did a Google search to find out other times in history when religious movements thought the end of the world was upon us. One site has a good list…..44 times between 30-1920 have we had to deal with this madeup, make-believe BS. You can check out the list here. Enjoy the below video of a BBC show, obtained from onegoodmove.org.

I was sad to hear this morning of the passing of one of the great historians of our time, Howard Zinn. If you haven’t already, you should try and pick up his book, “A People’s History of the United States,” it is a fascinating look at the “real”history of our country….mostly from the point of view of the least powerful groups in our history….minorities, women, the lower class……this book really shows us what our country was built on without all the nationalistic bullshit! I remember first opening this book while camping over Columbus Day weekend……it made me shudder to think that the person we grow up idolizing was pretty much a cold blooded killer that did some real nasty damage to the indigenous population when he arrived in “The New World”. If you have some time, below is Chapter 1 from the book mentioned above…..it is a fascinating read, but be forewarned that this book will open your mind and question why we were taught what we were in school. I do understand that creating nationalism is important to the future survival of a country….but what are the costs in doing so?

UPDATE: Here’s a great speech by Howard Zinn….just in case you don’t have time to read the below excerpt from his book, you can put this on and listen to the man’s thoughts.

The following is from Howard Zinn’s,
A People’s History of the United States, 1980.
Chapter 1
Columbus, The Indians, and Human Progress

Arawak men and women, naked, tawny, and full of wonder, emerged from their villages onto the island’s beaches and swam out to get a closer look at the strange big boat. When Columbus and his sailors came ashore, carrying swords, speaking oddly, the Arawaks ran to greet them, brought them food, water, gifts. He later wrote of this in his log:

They . . . brought us parrots and balls of cotton and spears and many other things, which they exchanged for the glass beads and hawks’ bells. They willingly traded everything they owned . . . They were well-built, with good bodies and handsome features . . . They do not bear arms, and do not know them, for I showed them a sword, they took it by the edge and cut themselves out of ignorance. They have no iron. Their spears are made of cane . . . They would make fine servants . . . With fifty men we could subjugate them all and make them do whatever we want.

These Arawaks of the Bahama Islands were much like Indians on the mainland, who were remarkable (European observers were to say again and again) for their hospitality, their belief in sharing. These traits did not stand out in the Europe of the Renaissance, dominated as it was by the religion of popes, the government of kings, the frenzy for money that marked Western civilization and its first messenger to the Americas, Christopher Columbus.

Columbus wrote:

As soon as I arrived in the Indies, on the first Island which I found, I took some of the natives by force in order that they might learn and might give me information of whatever there is in these parts.

The information that Columbus wanted most was: Where is the gold? He had persuaded the king and queen of Spain to finance an expedition to the lands, the wealth, he expected would be on the other side of the Atlantic — the Indies and Asia, gold and spices. For, like other informed people of his time, he knew the world was round and he could sail west in order to get to the Far East.

Spain was recently unified, one of the new modern nation-states, like France, England, and Portugal. Its population, mostly poor peasants, worked for the nobility, who were 2 percent of the population and owned 95 percent of the land. Spain had tied itself to the Catholic Church, expelled all the Jews, driven out the Moors. Like other states of the modern world, Spain sought gold, which was becoming the new mark of wealth, more useful than land because it could buy anything.

There was gold in Asia, it was thought, and certainly silks and spices, for Marco Polo and others had brought back marvelous things from their overland expeditions centuries before. Now that the Turks had conquered Constantinople and the eastern Mediterranean, and controlled the land routes to Asia, a sea route was needed. Portuguese sailors were working their way around the southern trip of Africa. Spain decided to gamble on a long sail across an unknown ocean.

In return for bringing back gold and spices, they promised Columbus 10 percent of the profits, governorship over new-found lands, and the fame that would go with a new title: Admiral of the Ocean Sea. He was a merchant’s clerk from the Italian city of Genoa, part-time weaver (the son of a skilled weaver), and expert sailor. He set out with three sailing ships, the largest of which was the Santa Maria, perhaps 100 feet long, and thirty-nine crew members.

Columbus would never have made it to Asia, which was thousands of miles farther away than he had calculated, imagining a smaller world. He would have been doomed by that great expanse of sea. But he was lucky. One-fourth of the way there he came upon an unknown, uncharted land that lay between Europe and Asia — the Americas. It was early October 1492, and thirty-three days since he and his crew had left the Canary Islands, off the Atlantic coast of Africa. Now they saw branches and sticks floating in the water. They saw flocks of birds. These were signs of land. Then, on October 12, a sailor called Rodrigo saw the early morning moon shining on white sands, and cried out. It was an island in the Bahamas, the Caribbean Sea. The first man to sight land was supposed to get a yearly pension of 10,000 maravedis for life, but Rodrigo never got it. Columbus claimed he had seen a light the evening before. He got the reward.

So, approaching land, they were met by the Arawak Indians, who swam out to greet them. The Arawaks lived in village communes, had a developed agriculture of corn, yams, cassava. They could spin and weave, but they had no horses or work animals. They had no iron, but they wore tiny gold ornaments in their ears.

This was to have enormous consequences: it led Columbus to take some of them aboard ship as prisoners because he insisted that they guide him to the source of the gold. He then sailed to what is now Cuba, then to Hispaniola (the island which today consists of Haiti and the Dominican Republic). There, bits of visible gold in the rivers, and a gold mask presented to Columbus by a local Indian chief, led to wild visions of gold fields. (more…)

side note: Here we go again….just another lie put into motion by the criminals who ran our government the last time around! Isn’t it unbelievable that they put a lie in motion, and then justify their actions around that lie. Saddam has WMD’s…..we must go into Iraq. They leak that story to the press, and then go on national tv and say “look, even the press knows about it! Didn’t you read the NYTimes today?!?!” Al-Qaeda has ties with Iraq….we must go to Iraq. The story about the aluminum tubes that that discredited journalist wrote about for the NYTimes…..yep, another reason we had to go into Iraq. Or hey…we know that our country has had the torture debate in the past…we even helped prosecute other people based on that policy. But we want to do it now…so lets have a bunch of lawyers come up with some legal mumbo-jumbo and we’ll be able to do it to! Or the Downing Street Memos that were discovered…….or they pay off journalists to promote their agenda, remember that? And now this…..the guy that “proved” that waterboarding worked….well, he wasn’t even there! This piece of shit should be charged with a crime…..for allowing other criminals to cover up their crimes. He’s a traitor in my eyes……nothing like being angry at 9am!

BY JEFF STEIN
Foreign Policy
A study in “enhanced reporting techniques.”

Well, it’s official now: John Kiriakou, the former CIA operative who affirmed claims that waterboarding quickly unloosed the tongues of hard-core terrorists, says he didn’t know what he was talking about.

Kiriakou, a 15-year veteran of the agency’s intelligence analysis and operations directorates, electrified the hand-wringing national debate over torture in December 2007 when he told ABC’s Brian Ross and Richard Esposito in a much ballyhooed, exclusive interview that senior al Qaeda commando Abu Zubaydah cracked after only one application of the face cloth and water.

“From that day on, he answered every question,” Kiriakou said. “The threat information he provided disrupted a number of attacks, maybe dozens of attacks.”

No matter that Kiriakou wearily said he shared the anguish of millions of Americans, not to mention the rest of the world, over the CIA’s application of the medieval confession technique.

The point was that it worked. And the pro-torture camp was quick to pick up on Kiriakou’s claim.

“It works, is the bottom line,” conservative talk show host Rush Limbaugh exclaimed on his radio show the day after Kiriakou’s ABC interview. “Thirty to 35 seconds, and it works.”

A cascade of similar acclamations followed, muffling — to this day — the later revelation that Zubaydah had in fact been waterboarded at least 83 times. (more…)

Bob Egelko, Chronicle Staff Writer
http://www.sfgate.com

In a victory for medical marijuana users, the state Supreme Court on Thursday upheld a state law that protects them from arrest if they show police official identification cards. The court also overturned a law that limits how much pot patients can carry and how many plants they can grow.

The court unanimously ruled that the limits – 8 ounces of dried marijuana, six mature plants or 12 immature plants – conflicted with Proposition 215, the 1996 initiative that made California the first state to legalize marijuana for medical use. (more…)

side note: WTF? Does anyone else feel like there’s no hope at times? How can I compete with a multi-billion dollar company? I give 50 dollars….they give 50 thousand! Who would you listen to if you were an elected official? We need to get those pieces of shit, Roberts, Alito, Scalia and Thomas off the Supreme court…..they are contributing to downfall of our country. I go back to the 2004 election….and how people said it wasn’t a big deal……

By THE ASSOCIATED PRESS
The New York Times

WASHINGTON (AP) — The Supreme Court ruled Thursday that corporations may spend as freely as they like to support or oppose candidates for president and Congress, easing decades-old limits on business efforts to influence federal campaigns.

By a 5-4 vote, the court overturned a 20-year-old ruling that said companies can be prohibited from using money from their general treasuries to produce and run their own campaign ads. The decision, which almost certainly will also allow labor unions to participate more freely in campaigns, threatens similar limits imposed by 24 states.

It leaves in place a prohibition on direct contributions to candidates from corporations and unions.

Critics of the stricter limits have argued that they amount to an unconstitutional restraint of free speech, and the court majority agreed.

”The censorship we now confront is vast in its reach,” Justice Anthony Kennedy said in his majority opinion, joined by his four more conservative colleagues.

Strongly disagreeing, Justice John Paul Stevens said in his dissent, ”The court’s ruling threatens to undermine the integrity of elected institutions around the nation.”

Justices Ruth Bader Ginsburg, Stephen Breyer and Sonia Sotomayor joined Stevens’ dissent, parts of which he read aloud in the courtroom.

The justices also struck down part of the landmark McCain-Feingold campaign finance bill that barred union- and corporate-paid issue ads in the closing days of election campaigns. (more…)

side note: could not have said it better myself.

Drew Westen
Psychologist and neuroscientist; Emory University Professor
Huffingtonpost.com

You can blame a bad candidate, bad organization, bad timing of a vacation — choose your rationalization. But the reality is that voters in Massachusetts were reacting to the same foul mist coming off Boston Harbor that New Jersey Voters smelled coming off the Hudson and Virginia voters off the Chesapeake.

What they all understood was that the source lay on the shores of the Potomac.

It is a truly remarkable feat, in just one year’s time, to turn the fear and anger voters felt in 2006 and 2008 at a Republican Party that had destroyed the economy, redistributed massive amounts of wealth from the middle class to the richest of the rich and the biggest of big businesses, and waged a trillion-dollar war in the wrong country, into populist rage at whatever Democrat voters can cast their ballot against.

All of this was completely predictable. And it was predicted. I wrote about it for the first time here on the sixth day of Obama’s presidency, and many of us have written about it in the intervening year.

The President’s steadfast refusal to acknowledge that we have a two-party system, his insistence on making destructive concessions to the same party voters he had sent packing twice in a row in the name of “bipartisanship,” and his refusal ever to utter the words “I am a Democrat” and to articulate what that means, are not among his virtues. We have competing ideas in a democracy — and hence competing parties — for a reason. To paper them over and pretend they do not exist, particularly when the ideology of one of the parties has proven so devastating to the lives of everyday Americans, is not a virtue. It is an abdication of responsibility. (more…)

Marijuana Policy Project
www.mpp.org

Last night, Gov. Jon Corzine (D) signed New Jersey’s medical marijuana legislation into law. As a result, New Jersey is now the 14th state to protect seriously ill patients from arrest and jail for using medical marijuana with their doctors’ approval.

The bill had been passed by the New Jersey Legislature on January 11, passing by 48-14 in the Assembly and 25-13 in the Senate.

The new law will not only protect medical marijuana patients from arrest and jail but also allows for the regulated dispensing of medical marijuana. When the law is implemented, it’s likely that there will be at least six dispensaries for patients to obtain their medicine, two in each part of the state. Doctors will be able to recommend up to two ounces of marijuana to patients within a 30-day period.

The Drug Policy Alliance New Jersey and the Coalition for Medical Marijuana-New Jersey led the lobbying efforts to pass this important legislation, which will go into effect this summer.

We’re hoping that the decisive victory in New Jersey will convince neighboring state New York to do the right thing and protect patients who continue to live in fear. MPP has been pushing a medical marijuana bill forward there for seven years, and this year looks like the year that it may finally become law.

With the help of MPP’s 29,000 dues-paying members, we’ll continue to roll back the government’s war on the sick and dying. We’re working hard in Arizona, New York, Delaware, Illinois, Maryland, and Massachusetts to make these states the 15th, 16th, 17th, 18th, 19th, and 20th to pass medical marijuana legislation. Would you please consider making a donation today to support our efforts?

side note: If you’re pissed, here’s a real easy way to stick it to these wall street banks. Personally, I don’t have my money with one of these banks, I’ve used the same small, local bank since i was 16. If you’re sick and tired of this shit, then do something. Move your Money!

Arianna Huffington and Rob Johnson
http://www.huffingtonpost.com

Last week, over a pre-Christmas dinner, the two of us, along with political strategist Alexis McGill, filmmaker/author Eugene Jarecki, and Nick Penniman of the HuffPost Investigative Fund, began talking about the huge, growing chasm between the fortunes of Wall Street banks and Main Street banks, and started discussing what concrete steps individuals could take to help create a better financial system. Before long, the conversation turned practical, and with some help from friends in the world of bank analysis, a video and website were produced devoted to a simple idea: Move Your Money.

The big banks on Wall Street, propped up by taxpayer money and government guarantees, have had a record year, making record profits while returning to the highly leveraged activities that brought our economy to the brink of disaster. In a slap in the face to taxpayers, they have also cut back on the money they are lending, even though the need to get credit flowing again was one of the main points used in selling the public the bank bailout. But since April, the Big Four banks — JP Morgan/Chase, Citibank, Bank of America, and Wells Fargo — all of which took billions in taxpayer money, have cut lending to businesses by $100 billion. (more…)

side note: I used to watch Washington Journal on CSPAN every morning…they used to have some real good moderators…..then something happened and they got this new woman who is a nutjob righty who hides behind her nice clothes and pretty face…but from time to time that righty side of hers comes screaming out. Which you’ll see in the video below, she doesn’t even flinch at the callers question/comments….and either does that piece of shit Senator John Barrasso from Wyoming. As Bob Cesca said on his blog: “This is jaw-droppingly creepy and awful. Even for teabaggers.”

side note: Another great article from Matt Taibbi…read this over lunch, and even though I knew some this stuff, it was filled with tidbits that blew my mind. This has been my biggest issue with President Obama. He either doesn’t understand economics, which I don’t think is correct…..or, after a few years in DC…he has fallen prey to the establishment. I highly recommend you head over to Rolling Stone’s site and check out the article there…has some links and people have already posted comments. Plus…it’s a really cool site with tons of content. We need President Obama to wake up and realize that he needs to deal with the criminals who are currently implementing their economic ideology…which is to continue to fund the rich and fuck the middle class and poor.

by MATT TAIBBI
RollingStone.com

Watch Matt Taibbi discuss “The Big Sellout” in a video on his blog, Taibblog.

Barack Obama ran for president as a man of the people, standing up to Wall Street as the global economy melted down in that fateful fall of 2008. He pushed a tax plan to soak the rich, ripped NAFTA for hurting the middle class and tore into John McCain for supporting a bankruptcy bill that sided with wealthy bankers “at the expense of hardworking Americans.” Obama may not have run to the left of Samuel Gompers or Cesar Chavez, but it’s not like you saw him on the campaign trail flanked by bankers from Citigroup and Goldman Sachs. What inspired supporters who pushed him to his historic win was the sense that a genuine outsider was finally breaking into an exclusive club, that walls were being torn down, that things were, for lack of a better or more specific term, changing.

Then he got elected.

What’s taken place in the year since Obama won the presidency has turned out to be one of the most dramatic political about-faces in our history. Elected in the midst of a crushing economic crisis brought on by a decade of orgiastic deregulation and unchecked greed, Obama had a clear mandate to rein in Wall Street and remake the entire structure of the American economy. What he did instead was ship even his most marginally progressive campaign advisers off to various bureaucratic Siberias, while packing the key economic positions in his White House with the very people who caused the crisis in the first place. This new team of bubble-fattened ex-bankers and laissez-faire intellectuals then proceeded to sell us all out, instituting a massive, trickle-up bailout and systematically gutting regulatory reform from the inside.

How could Obama let this happen? Is he just a rookie in the political big leagues, hoodwinked by Beltway old-timers? Or is the vacillating, ineffectual servant of banking interests we’ve been seeing on TV this fall who Obama really is?

Whatever the president’s real motives are, the extensive series of loophole-rich financial “reforms” that the Democrats are currently pushing may ultimately do more harm than good. In fact, some parts of the new reforms border on insanity, threatening to vastly amplify Wall Street’s political power by institutionalizing the taxpayer’s role as a welfare provider for the financial-services industry. At one point in the debate, Obama’s top economic advisers demanded the power to award future bailouts without even going to Congress for approval — and without providing taxpayers a single dime in equity on the deals. (more…)

side note: This is the only main stream show out there of it’s kind that seems to want to make a difference with the huge, mainly unspoken problem in this country: extreme obesity. We have a lot of sick people who need to learn how to eat and exercise…..this show is proof that it doesn’t matter how big you are, or your age….it’s never to late to grab control back. If you struggle with your weight, like I had for a long time, then give this show a try…..it has good tips on eating and exercise, as well as some motivating stories.

side note: You god damn right I refer to those nimwits watching fox as idiots…..they’re lucky I’m in a good mood, b/c they deserve a lot worse!

side note: An awesome article from Vanity Fair, check out their site b/c they have quite a few links backing up some of the facts in this story. I’m a bit torn on this….on one side, I agree with Prince that if he was truly a CIA asset, then he should have the same legal protections as Valerie Plame did….granted her cover was blown based upon politics and he never mentioned this in the article. On the other side of the coin, I’m a true believer in our laws…and that we are governed by those laws and even in times of crisis, we shouldn’t abandon them. Erik Prince is/was a mercenary that broke countless US and international laws. If he does it with the consent of the sitting government……does he get a pass? I don’t believe so…..but that’s just my opinion. What frightens me the most about Blackwater is they were not just working for the US government….they can be contracted by any foreign government as well. To me, that’s a conflict of interest. In addition….he’s someone who clearly sits with the right-wing croud, and I truly believe they have let the American people down by trampling our Constitution that believes in the seperation of powers…..and a host of other illegal acts they have committed to further their agenda.

BY ADAM CIRALSKY
Vanity Fair
JANUARY 2010
Erik Prince, recently outed as a participant in a C.I.A. assassination program, has gained notoriety as head of the military-contracting juggernaut Blackwater, a company dogged by a grand-jury investigation, bribery accusations, and the voluntary-manslaughter trial of five ex-employees, set for next month. Lashing back at his critics, the wealthy former navy seal takes the author inside his operation in the U.S. and Afghanistan, revealing the role he’s been playing in America’s war on terror.

I put myself and my company at the C.I.A.’s disposal for some very risky missions,” says Erik Prince as he surveys his heavily fortified, 7,000-acre compound in rural Moyock, North Carolina. “But when it became politically expedient to do so, someone threw me under the bus.” Prince—the founder of Blackwater, the world’s most notorious private military contractor—is royally steamed. He wants to vent. And he wants you to hear him vent.

Erik Prince has an image problem—the kind that’s impervious to a Madison Avenue makeover. The 40-year-old heir to a Michigan auto-parts fortune, and a former navy seal, he has had the distinction of being vilified recently both in life and in art. In Washington, Prince has become a scapegoat for some of the Bush administration’s misadventures in Iraq—though Blackwater’s own deeds have also come in for withering criticism. Congressmen and lawyers, human-rights groups and pundits, have described Prince as a war profiteer, one who has assembled a rogue fighting force capable of toppling governments. His employees have been repeatedly accused of using excessive, even deadly force in Iraq; many Iraqis, in fact, have died during encounters with Blackwater. And in November, as a North Carolina grand jury was considering a raft of charges against the company, as a half-dozen civil suits were brewing in Virginia, and as five former Blackwater staffers were preparing for trial for their roles in the deaths of 17 Iraqis, The New York Times reported in a page-one story that Prince’s firm, in the aftermath of the tragedy, had sought to bribe Iraqi officials for their compliance, charges which Prince calls “lies … undocumented, unsubstantiated [and] anonymous.” (So infamous is the Blackwater brand that even the Taliban have floated far-fetched conspiracy theories, accusing the company of engaging in suicide bombings in Pakistan.) (more…)

Side Note: as most of you know, NT editors went out to Denver over the summer this year and went to Red Rocks for the sts9 show. Pretty Lights opened. this is a short clip, with great shots of the crowd. enjoy!