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-   -   The Obamanation (http://cellar.org/showthread.php?t=19310)

Griff 02-29-2012 08:26 PM

As someone who looks for pro-liberty positions in candidates I figured Obama'd be a lock for improving our drug laws. The GOP preaches family values but jails young black men like crazy making sure nuclear families don't develop. Well Obama is apparently just a little worse than Bush.

Back when he was running for president in 2008, Barack Obama insisted that medical marijuana was an issue best left to state and local governments. "I'm not going to be using Justice Department resources to try to circumvent state laws on this issue," he vowed, promising an end to the Bush administration's high-profile raids on providers of medical pot, which is legal in 16 states and the District of Columbia.
Nope.

Happy Monkey 02-29-2012 08:56 PM

He's a disappointment in many ways, but he can get away with it because the alternatives are so much worse.

This one is baffling, though. Is he afraid that drug warriors in the DOJ will accuse him of preventing them from enforcing a law that is on the books?

ZenGum 02-29-2012 11:15 PM

Quote:

Originally Posted by Lamplighter (Post 798597)
It's baaaaaack ! - If anyone but the 1% cares

The US Dow-Jones opened at a psychological level of 13,055 - best since mid-2007.

Well, all that bail out and stimulus money had to go somewhere. :right:

Griff 03-01-2012 05:37 AM

Word.

Lamplighter 03-01-2012 08:53 AM

Quote:

Originally Posted by ZenGum (Post 798640)
Well, all that bail out and stimulus money had to go somewhere. :right:

Grump ;)

I've heard the DJ index is a "6-month out predictor".
If so, this trend will not bode well for the GOB campaigns.

SamIam 03-01-2012 11:52 AM

The GOP campaigners do not bode well for the GOP campaigns.

Ibby 03-02-2012 11:53 AM

Quote:

Originally Posted by SamIam (Post 798743)
The GOP campaigners do not bode well for the GOP campaigns.

Preach.

richlevy 03-02-2012 07:20 PM

Rick Santorum: Giving women the absolute freedom to do what he tells them.

Mitt Romney: Consistently sticking to an ever-changing position.

Lamplighter 03-02-2012 08:07 PM

:D

Lamplighter 03-04-2012 08:49 PM

You know things are going badly for Santorum and Romney when Eric Cantor
endorses Romney, but then turns around and offers a jobs bill that Dems will support.

Some of the talking heads on TV now that are glumly acknowledging problems among the GOB candidates,
and suggesting it may be better to concentrate on Congressional elections to keep the House.

It's like wading a river with guicksand bottom, and trying to find a solid place to step before going under.

infinite monkey 03-04-2012 08:56 PM

1 Attachment(s)
heehee

classicman 03-04-2012 09:29 PM

Quote:

Originally Posted by Lamplighter (Post 799441)
... suggesting it may be better to concentrate on Congressional elections to keep the House.

Nothing new here. Thats been said since Christie and McConnell declined to run.
Its always easier to be the incumbent.
1) No real primary.
2) Easier to use taxpayer money to campaign.
3) Name recognition/familiarity.
4) Typically far easier to raise campaign donations
and so on.

Ibby 03-04-2012 09:38 PM

Also the fact that Obama's been pretty popular and successful, in some parts of the country. To some people, I mean.

classicman 03-04-2012 09:49 PM

I was speaking in general terms, not about him specifically.

Ibby 03-04-2012 10:15 PM

Yeah, I know. I'm just saying, he's not only incumbent, he's at least fairly popular too.

Griff 03-05-2012 05:48 AM

Sunday, March 04, 2012

The Rasmussen Reports daily Presidential Tracking Poll for Sunday shows that 27% of the nation's voters Strongly Approve of the way that Barack Obama is performing his role as president. Forty-two percent (42%) Strongly Disapprove, giving Obama a Presidential Approval Index rating of -15 (see trends).


I'm one of the uncommitted voters who put Obama in the White House. I would be a more natural GOP voter if they didn't fight culture wars and support corporations over individuals. Obama is still beatable if Mitt can change his message back to moderate governorship. If that happens and he loses the GOP will continue the culture war and be completely irrelevant unless someone can explain the reality of the situation to them. Maybe a huge Santorum loss would be best but having him that close with a partisan Supreme Court makes me damn nervous.

ZenGum 03-05-2012 06:04 AM

I got a whiff of dodgy stats when I noticed the figure they present ( -15) is based on comparing the strongly approve and the strongly disapprove. What about the moderates?
And then why base the data on that particular day? was it, perhaps, a bit of a statistical outlier?

Follow the links to the original source.
http://www.rasmussenreports.com/publ..._index_history

Ignore the "Presidential approval index" which focuses on the extremists who aren't going to swing. Look at the two columns on the far right, total approve and total disapprove. Scroll back to look over the last couple of months.

Make your own interpretation.

My interpretation is hidden below:
So far this year:
The difference has never been more than 45/55, and has often been within four points.
Disapprove has been higher most of the time, but not always.
over the year, this shows a moderate preponderance of disapproval.


ETA it's worth scrolling at high speed through his entire term.

Of course, the problem for the republican candidates is that people disapprove of them even more.

classicman 03-05-2012 08:49 AM

The R's are in disarray and apparently have no cohesive anything right now.
Quote:

I'm one of the uncommitted voters who put Obama in the White House.
I would be a more natural GOP voter if they didn't fight culture wars and support corporations over individuals.
Obama is still beatable if Mitt can change his message back to moderate governorship.
Dunno, I think too much damage may have already been done.
I'll bet there are tons of Obama commercials already prepared and ready to
run simply based upon his gaffes and statements from the last couple months.

infinite monkey 03-05-2012 10:12 AM

Why for you now convert others' posts to pomes?

Lamplighter 03-05-2012 10:27 AM

FWIW: In 2009, GM employed 12,600 in Ohio, Ford had about 7,000. Honda had 15,000

General Motors has signed a new contract to bring 760 new jobs to Ohio,
increase parts and welding assembly work in Ohio that currently is being done overseas,
and call back of most workers that had been laid off due to parts shortages.
Here are some of the items in the new contract:

What UAW members get under tentative contract with GM

Quote:

* Bonuses - $5,000 in signing bonuses; $1,000 a year to cover rising inflation;
and up to $250 annually if workers hit quality improvement targets.

* Profit sharing - $1 in bonuses for every $1 million in GM North American
profits if the automaker earns at least $1.25 billion a year.
So $6 billion in GM profits would translate to $6,000 per worker in profit sharing.

* Jobs - 6,400 new jobs at plants in Spring Hill, Tenn., Wentzville, Mo.; and several Michigan plants.
In Ohio, Parma, Lordstown and Defiance plants could get new work.
* Wage increases - Entry-level workers would get about $3 an hour in raises over the life of the contract.
Workers receiving the higher wage would receive no increases.

* Buyouts - Skilled workers could get up to $75,000 to retire by March 31.
Non-skilled workers could get up to $10,000 to retire by then.

classicman 03-05-2012 01:20 PM

Quote:

In 2009, GM employed 12,600 in Ohio, Ford had about 7,000. Honda had 15,000
What are the comparative numbers now?

classicman 03-05-2012 01:33 PM

GM will also pay bonuses of at least $182 million to white-collar workers
most of whom make more than $100,000 a year. They'll range from 8-14%.
That's in addition to the over 300 million in profit sharing they already had planned for factory workers.

Additionally there are some who are raising new questions about GM's new tax structure which was
altered as part of the bailout. No word yet on what their new effective rate is now.

Lamplighter 03-05-2012 02:30 PM

Quote:

Originally Posted by classicman (Post 799604)
GM will also pay bonuses of at least $182 million to white-collar workers
most of whom make more than $100,000 a year. They'll range from 8-14%.
That's in addition to the over 300 million in profit sharing they already had planned for factory workers.
The recent union contract makes it sound as though those 12.6K employees are/will be back to work.

Additionally there are some who are raising new questions about GM's new tax structure which was
altered as part of the bailout. No word yet on what their new effective rate is now.

The point of my post was that 12,600 direct employees of GM were working in Ohio in 2009,
and the employment multiplier effect added about 14,800 other jobs in the local communities.
That's nearly 30,000 jobs and almost as many families directly related to GM (only).

The recent GM -UAW contract sounds as if those 12,600 employees are/will be back to work,
along with 760 new jobs that are being brought back from overseas.
I'm not seeing a whole lot wrong with all that.

What point(s) are you making... just adding new information, or
- that white collar employees are/were making too much ?
- that GM can/should not to pay bonuses to white collar workers ?
- that the bailout of the automotive industry was wrong ?
- that GM should have gone bankrupt and all those jobs be lost ?
- that there is some sort of tax skullduggery going on ?
.

classicman 03-05-2012 02:47 PM

Quote:

The point of my post was that 12,600 direct employees of GM were working in Ohio in 2009, and the employment multiplier effect added about 14,800 other jobs in the local communities.
That's nearly 30,000 jobs and almost as many families directly related to GM (only).
I didn't read that as jobs added TO the initial 12,600. My bad, apparently.

Quote:

What point(s) are you making... just adding new information, or
- that white collar employees are/were making too much ?
- that GM can/should not to pay bonuses to white collar workers ?
- that the bailout of the automotive industry was wrong ?
- that GM should have gone bankrupt and all those jobs be lost ?
- that there is some sort of tax skullduggery going on ?
I do not know the answers. I am asking those same questions.
To your last point regarding the taxes, I just recently learned that their tax structure was altered in the bailout.
What effect it had, I do not know.

classicman 03-07-2012 10:59 PM

NSA whistle-blower: Obama “worse than Bush”
Quote:

Thomas Drake, the whistle-blower whom the Obama administration tried and failed to prosecute for leaking information about waste, fraud and abuse at the National Security Agency, now works at an Apple store in Maryland. In an interview with Salon, Drake laughed about the time he confronted Attorney General Eric Holder at his store while Holder perused the gadgetry on display with his security detail around him. When Drake started asking Holder questions about his case, America’s chief law enforcement officer turned and fled the store.

But the humor drained away quickly from Drake’s thin and tired face as he recounted his ordeal since 2010 when federal prosecutors charged him with violating the Espionage Act for retaining classified information they believed he would pass on to then Baltimore Sun reporter Siobhan Gorman. While Drake never disclosed classified information, he did pass on unclassified information to Gorman revealing that the NSA had wasted billions of taxpayers’ dollars on Trailblazer, a contractor-heavy intelligence software program that failed to find terrorist threats in the tsunami of digital data the agency was sucking up globally — and sometimes unconstitutionally. While Trailblazer burned through cash, in the process enriching many NSA employees turned contractors, Drake found that another software program named ThinThread had already met the core requirements of a federal acquisition regulation that governed the proposed system at a sliver of the cost, all while protecting American civil liberties at the code level. The NSA leadership, however, had already bet their careers on Trailblazer. So Drake blew the whistle, first to Congress, then to the Department of Defense Inspector General’s Office, and finally, and fatefully, to Gorman.

Last June, the government’s case collapsed. On the eve of trial, all 10 counts were dropped. In a Kafkaesque turn of events, Drake actually helped the government find a misdemeanor to charge him with — exceeding authorized use of an NSA computer — so federal prosecutors could save face. Once facing 35 years behind bars, Drake pled guilty to the misdemeanor charge and was sentenced to one year of probation and 240 hours of community service, what he sardonically calls “his penance.”

But his legal battles haven’t ended. Currently, Drake, along with the four other whistle-blowers he worked with to expose NSA waste, fraud and abuse, are fighting to get their property back that the FBI confiscated during its criminal investigations. Once a registered Republican and now a self-described “free-speech absolutist,” Drake describes the NSA as a rogue agency that operates in a black box that the public cannot penetrate.

In the New Yorker article, Jane Mayer quotes you as saying, “I actually had hopes for Obama.” What’s your opinion on the Obama administration’s stated support for whistle-blowers and, more generally, his counterterrorism record?

Worse than Bush. I have to say that. I actually voted for Obama. It’s all rhetoric for me now. As Americans we were hoodwinked. He’s expanding the secrecy regime far beyond what the Bush even intended, interestingly enough. I think Bush is probably like, “Whoa.”

Link

TheMercenary 03-12-2012 07:57 AM

Interesting article.

ZenGum 03-12-2012 08:04 AM

Hiya Merc, you've been quiet lately ... working long shifts again?

TheMercenary 03-12-2012 08:09 AM

Quote:

Originally Posted by ZenGum (Post 801086)
Hiya Merc, you've been quiet lately ... working long shifts again?

Balls to the wall work, followed by guests from the UK for 10 days (day 5 now) and big Savannah Rugby Tournament this last weekend. Off to the Pink Floyd Experience with the UK guests tonight and back into a short work cycle this week, finishing up with the parade in Savannah on Sat. Guests leave Sunday then back to a balls to the wall work cycle. Life goes on. Thanks for asking.

Griff 03-12-2012 06:01 PM

http://www.npr.org/2012/03/12/148293...t-can-they-see

Yay for the surveillance state. :(

Lamplighter 03-12-2012 07:40 PM

In the foreclosure agreement between the 5 big banks and the Federal and State governments,
there remained open the option for the governments to pursue additional penalties.

The first of these actions is being made public today...

Wall Street Journal

RUTH SIMON
3/12/12

Foreclosure Pact Alleges a Pattern of Malfeasance

Quote:

U.S. and state officials accused five large U.S. banks of
overcharging and misleading borrowers in court documents filed Monday
as part of the $25 billion settlement of alleged foreclosure abuses.

The filing offered a detailed description of how the five banks allegedly
violated state and federal law. Officials spent more than a year investigating
foreclosure practices that began as a probe of "robo-signing,"
or employees approving documents without proper review.<snip>

In settling, the five banks—Ally Financial Inc., Bank of America Corp.,
Citigroup Inc., J.P. Morgan Chase & Co . and Wells Fargo & Co
—neither admitted nor denied guilt.

Under the agreement, the banks will provide principal relief and other
borrower assistance valued at $17 billion. In addition, roughly $5 billion
of the settlement will be paid in fines, while $3 billion will be used to help
refinancing for homeowners who owe more than their homes are worth.
The deal also includes new mortgage-servicing standards.
<snip>

The issues laid out in the complaint go well beyond the allegations of robo-signing.
Among other things, the complaint alleges that the five banks
charged borrowers excessive or improper fees, failed to properly apply
borrower loan payments and wrongfully denied borrowers loan modifications.

The banks also provided homeowners with "false or misleading information,"
failed to have appropriate staffing levels to meet the surge in troubled loans,
and overcharged and improperly foreclosed on members of the military, according to the complaint.

Banks also engaged in a "continuing abuse of the bankruptcy process"
and filed "false or fraudulent claims" for reimbursement from the
Federal Housing Administration's mortgage insurance program,
according to the court filing. The complaint singles out Countrywide Financial Corp.,
which was acquired by Bank of America in 2008, for faulty underwriting that has
cost the Federal Housing Administration "hundreds of millions of dollars in damages."
.
.

classicman 03-12-2012 11:09 PM

When do the prosecutions begin?

Lamplighter 03-12-2012 11:45 PM

If you get tickets, save us a few seats...

Lamplighter 03-15-2012 02:21 PM

Two weeks ago, it was the just the Dow-Jones.
Now it's more like "We're all baaaaaccccckkk"

Wall Street Journal
Chris Dieterich and Matt Jarzemsky,
3/15/12

US Stocks Higher After Solid Domestic Economic Data
Quote:

--Stocks higher after firm economic data on U.S. labor market, manufacturing activity

--S&P 500 tops 1400 for the first time since June 2008
--Dow on pace for seventh straight gain
--New applications for unemployment benefits fell more than expected last week
--New York, Philadelphia Fed banks report accelerated manufacturing activity in March

NEW YORK (Dow Jones)--Stocks rose in the U.S. on Thursday as the
Standard & Poor's 500-stock index topped 1400 for the first time in nearly four years
after firm readings on the country's jobs market and manufacturing activity.
The Dow Jones Industrial Average rose 36 points, or 0.3%, to 13220, in afternoon trading.
The Dow industrials are on course for a seventh consecutive gain, the longest streak since an eight-session run ended in February.
The S&P 500 rose six points, or 0.5%, to 1402, rising above 1400 for the first time since June 2008.
The Nasdaq Composite gained 12 points, or 0.4%, to 3052.
Financial and industrial stocks advanced most on a percentage basis.

In economic data, the number of U.S. workers filing new applications
for unemployment benefits fell more than expected last week.
New claims are hovering around levels last seen four years ago.

.

classicman 03-15-2012 02:49 PM

Great Unemployment rate info here...

Lamplighter 03-15-2012 03:44 PM

Classic, I am truly sorry your glass is always half empty.

I do know what unemployment is...
Once, I went for 3 1/2 years until I realized that self-employment was to be my way out.
But it took a lot of work to even become self-employed.
Getting up and staying off my butt was more than a full time job.

Outlook is overwhelmingly important, and things are looking up in the US.
That's the reason for my postings on the DJ, etc.
I won't let the nay-sayers keep pounding on Obama as if there was no bottom.
I believe we bottomed out over a year ago, and next year will be much better.

So, I am hoping you too will soon find your way through to a "full glass"

classicman 03-15-2012 03:55 PM

You've completely missed my point, Lamp. Look at the numbers.
Are they improving? Is the U-6 better now than it was?
Is it changing more than the U-3?
Look at this presidency compared to the last one.
Look at the change in U-6 from 2008 to today - do the same for the last administration.
I just though it was a neat tool to use for factual comparison.

Lamplighter 03-15-2012 04:40 PM

Classic, why are you trying to make that comparison ?

The US went through a major financial upheaval in 2008.
It happened to happen at the end of GWB's watch.
The recovery has happened to happen on Obama's watch.

It's not hard to understand that the U6 and U3 were relatively constant before 2008.
It's not hard to understand that the U6 and U3 went up after 2008.

Likewise, it's not hard to understand that the U6 and U3 takes quite a while to come down.
Maybe it's not as fast as some would want it to be..
But by the very definition of U6 and U3, it is what it is.

If your point is something else, please explain in more detail.
.

classicman 03-15-2012 09:06 PM

I wasn't looking at the rates themselves, I was looking at the percentage changes.

Lamplighter 03-15-2012 10:50 PM

???

Sorry, I'm not getting it...

classicman 03-16-2012 04:01 PM

arggghhhh - nevermind.

Lamplighter 03-16-2012 06:22 PM

OK, I'll really try once more to see what you want me to see.

When I open your link and change the years to 1994 - 2012....

I see the U6 curve drop from 12% at a relatively smooth rate,
then in 2001, it bounces up from 7% up to 10%,
then gradually falls in 2005 - 2007, and then skyrockets in 2009.
Since 2010, the U6 seems to have dropped from 17% down to 15%.

The U3 follows the same shape, but the %'s are smaller... about half.

Other than an annoying musical ad about St Patricks Day sales, what else should I be seeing ?

classicman 03-16-2012 08:44 PM

The U-6 has fallen at a greater % than the U-3.
Based upon the economic situation from 2008, I believe this is a better indicator of the unemployment rate.
I'm certainly not seeing it here, but statistically things are apparently better.

Lamplighter 04-02-2012 08:06 AM

NY Times
By JESSICA SILVER-GREENBERG
Published: April 1, 2012

As Foreclosure Problems Persist, Fed Seeks More Fines

Quote:

Federal regulators are poised to crack down on
eight financial firms that are not part of the recent
government settlement
over home foreclosure practices
involving sloppy, inaccurate or forged documents.

Last week, a senior Federal Reserve official recommended fines for these additional firms,
raising questions about how deep foreclosure problems run through the banking industry.
<snip>

The eight firms cited by the Federal Reserve

— HSBC’s United States bank division, SunTrust Bank, MetLife, U.S. Bancorp,
PNC Financial Services, EverBank, OneWest and Goldman Sachs

— should be fined for “unsafe and unsound practices in their loan servicing and foreclosure processing,”
Suzanne G. Killian, a senior associate director of the Federal Reserve’s
Division of Consumer and Community Affairs, told lawmakers last month
in a House Oversight Committee hearing in Brooklyn.
<snip>
.

classicman 04-02-2012 10:53 PM

Still waiting on those prosecutions...

Lamplighter 04-03-2012 08:35 AM

and the glass is still half empty

classicman 04-03-2012 03:44 PM

With respect to the prosecutions - its 3+ years later and still COMPLETELY empty.

classicman 04-23-2012 11:30 PM

Quote:

Originally Posted by Lamplighter (Post 799562)
General Motors has signed a new contract to bring 760 new jobs to Ohio, increase parts and welding assembly work in Ohio that currently is being done overseas, and call back of most workers that had been laid off due to parts shortages.

GM to build 2013 Cadillac XTS in China
Quote:

General Motors Co. announced ~ that it will begin building its all-new 2013 Cadillac XTS sedan in China this year and later will bring the ELR luxury electric coupe in the country.
Ewanick said GM will build its brand in China and then Europe to grow the brand over the next decade.

Currently, only the Cadillac SLS, an extended length luxury sedan, is built in China. Cadillac imports the CTS, SRX crossover and Escalade from plants in the United States and Mexico.
From The Detroit News:

Over the next few years it appears as though MORE Cadillacs will be produced overseas, namely in China.
I guess we really don't have an employment problem here.
I am curious as to what the UAW thinks of this development.
Personally, I'm thrilled with them building more vehicles there and not here. :yelsick:

From The Detroit News:

Ibby 04-24-2012 11:03 AM

My impression is that the china-built GM cars are just FOR china/east-asia, not being imported back to the states, and that china makes importing cars into china difficult, as well as making their own knockoff versions in their own factories for a fraction of the price.

classicman 04-24-2012 12:36 PM

Quote:

making their own knockoff versions in their own factories for a fraction of the price.
Thats another part of this which concerns me.

Ibby 04-24-2012 03:09 PM

Well, they're going to do it either way - might as well give themselves a chance to compete right?

Pico and ME 04-24-2012 03:28 PM

Thats the 'job creators' making jobs for the Chinese.

classicman 04-24-2012 03:46 PM

Quote:

Originally Posted by Pico and ME (Post 808344)
Thats the 'job creators' making jobs for the Chinese.

Yep :/
We Americans bailed them out and I would have preferred they create some of those jobs here.

classicman 04-24-2012 08:59 PM

A related piece from the economist ...
Quote:

The upper end of the car market is still booming. BMW's Chinese sales rose by more than a third in the first quarter, compared with a year earlier. To capitalise on the apparently insatiable appetite for its cars, the German firm is launching a stretched version of its 3-series at the Beijing show. This is to appeal to the many buyers who want extra legroom in the back, since that's where they will be sitting, with their chauffeurs at the wheel.

Sport-utility vehicles are also selling like hot Chinese buns: if you can't afford a chauffeur, at least it's nice to drive a car with high seats so you can look down on other motorists. Sales of SUVs have gone up from about 350,000 five years ago to perhaps 2m this year (out of a total Chinese market for passenger cars of 15.5m) and look set to keep growing at more than double the rate of the overall market. That is why Ford launched three new SUV models at the Beijing show.

As described in a fascinating new book on the Chinese motor industry, “Designated Drivers”, by Greg Anderson, an industry expert, the central government is well aware of the growing need for the country's motor industry to be rationalised. Yet many of the smaller makers are owned or subsidised by city and provincial governments, and their main intention is not to make profits but to soak up local unemployment and avert social unrest—the one thing the Chinese authorities at all levels most dread. Their owners and bosses will do all they can to resist cutting back.

classicman 04-27-2012 09:08 PM

Selective bin Laden leaking
Quote:

Earlier this week, an Obama-appointed federal judge ruled in favor of the government in a national security case (needless to say), when he denied a FOIA request to obtain all photos and videos taken during and after the raid in Pakistan that resulted in Osama bin Laden’s death. The DOJ responded to the lawsuit by arguing (needless to say) that the requested materials “are classified and are being withheld from the public to avoid inciting violence against Americans overseas and compromising secret systems and techniques used by the CIA and the military.” Among other things, disclosure of these materials would have helped resolve the seriously conflicting statements made by White House officials about what happened during the raid and what its actual goals and operating rules were.

But while the Obama administration has insisted to the court that all such materials are classified and cannot be disclosed without compromising crucial National Security secrets, the President’s aides have been continuously leaking information about the raid in order to create politically beneficial pictures of what happened. Last August, The New Yorker published what it purported to be a comprehensive account of the raid, based on mostly anonymous White House claims, that made Barack Obama look like a mix of Superman, Rambo and Clint Eastwood; The Washington Post called it “a fascinating, cinematic-like account of the operation that killed Osama bin Laden.” This week, Time Magazine has a cover story entitled “The Last Days of Osama bin Laden” based in part on “access to top decision makers in over 100 hours of interviews.”

We just saw this deceitful pattern this week when Obama officials — yet again — ran around anonymously boasting about all the Bad Guy Corpses the Commander-in-Chief has produced with his steely use of CIA drones, only to turn around and tell a court that it cannot possibly respond to the ACLU’s FOIA request about CIA drones because National Security prevents the U.S. Government even from confirming or denying the existence of that program. They simultaneously use secrecy as a sword and a shield: they ensure that they can make whatever claims they want about their behavior in order to glorify the President, while preventing all attempts to obtain the full and real story and, more important, to obtain adjudications about whether their conduct comports with the law.

There is one other point worth making here about all this. As part of the Obama administration’s unprecedented war against whistleblowers, Bradley Manning is currently being prosecuted not merely for leaking classified information, but also for “aiding the enemy” (Al Qaeda), which carries a term of life in prison. Yesterday, the judge presiding over his court-martial (needless to say) refused to dismiss this charge, concluding that any deliberate release of classified information that one knows will end up in Al Qaeda’s hands can constitute this crime. As the ACLU’s Ben Wizner points out, “the implications of the government’s argument are breathtaking” because it would convert any unauthorized leak into this extremely serious offense.

Wow: that sounds like it’s going to be some really hard-hitting investigative journalism there: they’re letting him into the Situation Room, where it all happened. So they can’t release documents in a court proceeding about the raid because it’s all just so Super Secret, but they can all sit around with Brian Williams and “relive the pivotal moments” about “one of the country’s greatest military missions.” NBC says that this mission “until now, has been shrouded in great secrecy.” Now that Election Season is upon us and it’s apparently acceptable to disclose the details, shouldn’t the court re-consider its ruling from this week: one based on the DOJ’s insistence that this mission was far too secret to allow disclosure? Also: will the national masturbatory ritual over this incident ever end?

classicman 04-29-2012 01:18 PM

An unusual way of looking at the unemployment rate.
Tells a different story from the numbers.
Quote:

The BLS no longer considers as “unemployed” those workers without jobs who have not looked for work in the past year because they feel no jobs are available.

While the BLS was reporting seasonally adjusted unemployment in January 2012 at only 8.3 percent, it was also reporting U6 seasonally adjusted unemployment in January 2012 was 15.1 percent.

The only measure BLS reports to the public as the official monthly unemployment rate is the seasonally adjusted U3 number.

Williams wrote that the “headline numbers” BLS reported for January 2012 were statistically manipulated and “simply not believable.”

He calculates his “Official SGS Alternative Unemployment Rate” by adding back into to the BLS U6 numbers those long-term discouraged workers who have not looked for work in the past year.

Williams’ “Official SGS Alternative Unemployment Rate” shows unemployment in January 2012 was 22.5percent , a 0.1 percent increase over December 2011, whereas the BLS figures were designed to report a .8-point decline, from a seasonally adjusted U3 rate of 9.1 percent in January 2011 to a seasonally adjusted 8.3 percent rate in January 2012.
EEK!?

classicman 05-10-2012 11:35 PM

Quote:

Originally Posted by Lamplighter (Post 805073)
and the glass is still half empty

And the reality is staring in your face, yet you still refuse to see it.

Lamplighter 05-11-2012 02:05 PM

Quote:

Originally Posted by Lamplighter (Post 805073)
and the glass is still half empty

Quote:

Originally Posted by classicman (Post 811046)
And the reality is staring in your face, yet you still refuse to see it.

Classic, I realize I can't satisfy your unhappiness over what you perceive is a lack of justice.
A glass half-full or half-empty comes of a person's own experience and personality.

You apparently feel that individual bankers should be criminally prosecuted
for their decisions and actions that lead to the mortgage and financial crisis.

But the officers of a corporation are essentially immune from prosecutions,
unless they have acted criminally manner (theft, fraud, embezzlement, etc.).
In fact, the corporation is required to legally defend it's officials for their decisions,
and may be required to financially indemnify the officials from any penalties.
The Board of Directors may dismiss it's officials, with or without settlements.
But as such, the penalties that the corporation, itself, can incur are only financial,
and these are usually offset by liability insurance.

Various people, including your nemesis, Obama, have said the
bankers may not necessarily have performed illegally
- immorally, maybe - but illegally, not likely or very difficult to prove.
To attribute lack of federal prosecution to political contributions is dissimulation.

OTOH, individual corporate officers are being prosecuted (fraudulent robo-signing, etc.)
by States Attorney Generals, but these may not be the particular individuals you want to see imprisoned.

Maybe a review at what has been proceeding against Washington Mutual
will assuage some of your dissatisfaction. Here is a bit of WaMu's recent history:
Quote:

Stephen Rotella joined WaMu as president and COO and acted
as president of the Home Loans Group until David Schneider took the position in mid-2005.
WaMu also appointed a new Chief Enterprise Risk Officer (Ronald Cathcart)
and a new Controller (John Woods) at this time .
Chase Bank eventually came to own WaMu's assets, and are defending
these "former" executives in a law suite brought by the FDIC.

Here is a link to Bloomberg News:

Quote:

The FDIC has authorized lawsuits against 158 officers and directors
in an effort to recoup more than $3.5 billion in losses stemming from the credit crisis,

agency spokesman Andrew Gray said today in an e-mail.
The agency, which has shuttered more than 290 lenders since the start of 2008,
has filed five other cases against officers and directors,
including one in July seeking $300 million in damages from four executives of IndyMac Bancorp Inc.
In 2008, a class-action law suite was brought against WaMu on behalf of it's stockholders.
Quote:

Defendants include top WaMu executives, directors, underwriters of securities offerings,
and Deloitte Touche Tohmatsu, a Big 4 accounting firm.
<snip>
Confidential Witness 17, a former Senior Vice President of Enterprise Risk Management,
“explained that various Risk Reports were delivered to WaMu’s senior management
– including at least Defendants Rotella, Cathcart and Casey
– during 2006 ‘specifically quantified the fact that the Company
was exceeding certain risk parameters as dictated by [WaMu’s] risk guidelines’” (Complaint p. 44)
The sequence of events is in this link:
TheCourt's final decision says, in part:

Quote:

Case 2:08-md-01919-MJP Document 906 Filed 11/04/11 Page 2 of 3
ORDER APPROVING PLAN OF ALLOCATION OF NET SETTLEMENT FUNDS
Master No: 2:08-md-1919 MJP

IT IS HEREBY ORDERED, that:
1. This Order approving the Plan of Allocation incorporates by reference the definitions
in the Stipulation and Agreement of Settlement with Individual Officer and Director Defendants
and with Washington Mutual, Inc. dated June 30, 2011 (ECF No. 874-1),
the Stipulation and Agreement of Settlement with the Underwriter Defendants
dated June 30, 2011 (ECF No. 875-2), and the Stipulation and Agreement of Settlement
with Defendant Deloitte & Touche LLP dated June 30, 2011 (ECF No. 874-3)
(collectively, the “Stipulations”) and all terms used herein shall,
with respect to the respective Stipulations, have the same meanings as set forth
in the applicable Stipulation or in the Notice.
<snip>
6. The Court hereby finds and concludes that the Plan of Allocation
is, in all respects, fair and equitable to the Class.
Accordingly, the Court hereby approves the Plan of Allocation proposed by Lead Plaintiff.
7. There is no just reason for delay in the entry of this Order, and immediate entry by the
Clerk of the Court is expressly directed.

SO ORDERED this 4th day of November, 2011.
Marsha J. Pechman
United States District Judge

So far as WaMu officials, Kerry Killinger, Stephen Rotella, David Schneider, are concerned,
they lost their jobs and their penalties were published 12/17/12 in the NY Times.
The article also discusses the reasoning behind the FDIC settlement.

But, I suspect all this will have little effect on your feelings
about Obama and the Dept of Justice, and you will vote accordingly.
So be it... only you can fill your own glass.

infinite monkey 05-11-2012 02:09 PM

LAMP. I've missed you! :)

Lamplighter 05-11-2012 02:21 PM

Still searching the interior of Alaska for HLJ :rolleyes

infinite monkey 05-11-2012 02:23 PM

I guess you may as well go on home. :(

I think he was abducted by aliens. Or he rose up or something.


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