Yearly Archives: 2011


The Corporate Board Rooms Fear the Occupy Movement

The article from Nation Of Change is Leaked Memo: The Corporate Board Rooms Fear the Occupy Movement Occupying Their Board Rooms Targeting Individual Executives.

Corporations fear their lead­ers being held personally accountable for the actions of concentrated corporate interests.  They especially fear their names and addresses being known and their board rooms being invaded by OccupyTheBoardroom.org.

Do you think this is a sign that the Occupy Movement is having an impact? If it doesn’t have a direct impact on some politicians, it may be having a direct impact on the people who supply funds to these politicians. I think they will deliver the message to the politicians they own.


Mitt Romney Is An A$$hole

I found this video in the article Romney: ‘Don’t Try And Stop The Foreclosure Process’.

If you had any doubts about my title for this post, look at the video


Besides being an a$$hole, he doesn’t know what he is talking about.

For instance, Medicare has a managed care program run by private insurers called Medicare Advantage. I know because I use it. It costs the government 15% more to get the private insurers to do the same job that Medicare does.

As for the trouble in the housing industry, Romney seems to be unaware that a big problem was the liar loans that the largest banks in this country foisted on unsuspecting borrowers. According to William Black, 90% of the lying was done by the mortgage brokers, not the borrowers. One authority calls this a fraudulent conveyance that got the borrower to put a house up for collateral for a loan that was designed to be unsustainable. His solution would be to make the contract null and void and just wipe out the debt owed to the originator of the fraud.

From a bank officer’s point of view, a liar loan had a lot going for it. It had a low, introductory, teaser rate of interest so the buyer could afford a home beyond his or her wildest dreams. The mortgage could then be packaged into a derivative and sold as if the mortgage had been issued at the final rate (which the buyer would never be able to afford). The bank’s officers got wonderful bonuses for making it look like the bank and the investors were making huge profits while the borrower didn’t have to pay much. When the whole thing collapsed, the bank’s officers got to keep the bonuses and the banks, the investors, and the borrowers were left holding the bag.


Dems In Tug-Of-War Over Occupy Wall Street

You may or may not think much of the analysis in the article, Dems In Tug-Of-War Over Occupy Wall Street, however, I believe the following quote explains the necessity of the Occupy Movement.

As time goes on individual Democrats will be the object a tug of war, with the corporate and business wing of the party pulling one arm, and progressives and grassroots activists yanking at the other.

If we don’t tug on our side of the rope, where do you think the Democratic Party will go?


Marisa DeFranco For Senator From Massachusetts

Marisa DeFranco and I had a little conversation on the Meet The Democratic U.S. Senate Candidates WBUR web page.  It went something like this:

steve13565 1 week ago

I am a Warren supporter, but sitting in the audience for the debate, I thought that Marisa DeFranco had more good answers to more questions than just about anybody else.

Elizabeth Warren was not that impressive.

For the format of this “debate”, the skill you need is to quickly come up with a short answer to a surprise question that finds the pithiest reflection of your deepest beliefs.

I was having a hard time thinking about how I would answer those questions.  DeFranco’s answers surprised me in a positive way.  She was able to come up with an answer that I would not have thought of, but one that hit the mark almost every time.

——————-

Marisa DeFranco 51 minutes ago
Hello Steve–I just wanted to say that I really appreciate your feedback on my answers at the “debate”.  I like the way you describe the format…that sentence perfectly encapsulates it.  Thank you, Marisa DeFranco

———————————

steve13565 0 minutes ago

Marisa,

I just listened to the sound bite they have for you on this web page.  You say it exactly as I believe it.  Show me you have fighting chance in this campaign and I will switch my allegiance to you.

Here is the sound bite I meant:


You can look at the Marisa DeFranco campaign web site.


Capitalism Hits the Fan Film Screening

Capitalism Hits the Fan Film Screening and Q&A with Professor Richard Wolff | The New School is another version that also screens a shortened version of his movie.


This video shows the 35 minute version of the movie from Wolff’s DVD. The DVD also has a 55 minute version. After the showing of the movie, Wolff talks and talks and talks for another hour or so. Some of it rehashes what was in my other post, but some of it covers new material that is just as shocking as the old material.

If you thought you learned it all from watching the other hour and 45 minutes, well you just have no idea.


Capitalism Hits the Fan – Richard Wolff

Capitalism Hits the Fan – Richard Wolff is the item mentioned in the previous post Professor Victor Wallis Speaks on the “Roots of the Current Crisis.”

I have found many links and videos of Richard Wolf and his topic. This particular video was recorded at Brown University, Providence RI, December 12, 2009. I have watched about an hour so far of the 1 hour 45 minute video below. There are about 7 minutes of introduction before you get to Richard Wolff. This is so important that I wanted to post the video, even before I finished watching the whole thing.

Well, I have now finished the whole thing and all I can say is Wow!

I have never seen the root causes of our current societal situation put together in quite the way that Richard Wolff does. It makes a lot of sense. You may experience a number of Aha! moments. (I think I will just have to forgive a tiny bit of mathematical hocus-pocus that he used in the beginning to make one exaggeration.) (I know I am a sucker for a good sales pitch, but even if you don’t buy it, it ought to make you think. By the way, he is not necessarily selling you a solution, so there is nothing to buy.)



Best Explanation of Occupy Everywhere Movement

The YouTube video in Occupy Vancouver / TZM on NATIONAL CANADIAN TELEVISION!! (CTV) #occupyeverywhere offers the best explanation of the immediate purpose of the movement that I have heard. During yesterday’s general assembly at Occupy Worcester, I wish I had had these words to offer to explain our goals to this relatively new manifestation of the movement.


I’ll provide a rough transcript of the key part of the interview.

Raise awareness of the fundamental problems that plague our society from the social, economic, and political spheres to all the problems in society, the war, corruption, poverty, environmental destruction. Basically to open it upup a platform for people to discuss the root causes of the problems and pose possible alternatives.

At this point it is basically about spreading awareness of these problems. There are many organizations who are going to be in attendance who are posing possible alternatives.

While the occupy movement explicitly doesn’t have one defined solution, it’s basically meant as a platform for other organizations to discuss their possibilities.


The interviewee mentions The Zeitgeist Movement. The link to their web page in the previous sentence will give you a starting point for more research on the movement.


Alleged Iran Assassination Plot Court Documents Suggest a Set Up

The video below is Pt2 Gareth Porter: Critical two weeks missing from FBI account.

I blogged Part 1 in Alleged Iranian Assassination Plot Appears an FBI Sting.

The video in this post has a lot of speculation on what may be in the missing two weeks and why it may be missing. They don’t talk about the possibility that nothing happened in those two weeks. With that in mind, you have to treat this speculation as possibly being completely off the mark. If true, however, it puts a new twist on the story.