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Editorial

A Good Suit Makes the Man

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Sandy Weill’s name may not be a household word, but it should be. If you want to blame just one man for the banks eating us all alive, he would be the one. As head of Citi-Group (or rather the bank that would become Citi-Group) he pushed through the repeal of the Glass-Steagall Act that had kept the banks in check for 2/3 of the 20th century.

He and others of his ilk were able to sell the idea (or more accurately buy the belief from politicians, the media and so-called experts) that modern bankers knew what they were doing. After all there hadn’t been a banking collapse since the end of the Republican Hoover administration in 1933.

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They Return, Taxing Credibility & Patience

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Willard Romney has been on the road again.  There's a picture of him in a working warehouse, standing behind a modest podium sporting this sign:  "Putting Jobs First."

Too bad he didn't have that same attitude at Bain:  It would have saved many workers, families, and taxpayers a lot of pain.

But, then, you take a vulture capitalist -- surely a bane of our modern existence -- and link it up tight with pain, hey presto!  Bain!

If you think there are too many loopholes in the tax codes for billionaires to drive 18-wheelers filled with gold through, you haven't seen anything yet.  Just check out the loopholes in Willard's alibi -- whoops, sorry, ladies and gentlemen of the voting jury -- that is to say, his life story and beliefs.

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Bleaching in the Sun

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As much of America's heartland turns to desert, at least for this crop year and Texas perhaps permanently, the availability of food comes into question. You might expect that conservative global warming deniers would have a bounty of words to eat.

Sadly, stupidity knows no bounds. They still cling to the weasel words, "you can't link a weather event to global warming". When extreme and formerly rare weather events become the new normal, the bones of that reasoning are just bleaching in the sun.

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More than One Way to Skin a Country

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In times of crisis, Republicans always rush in, providing their own special brand of comic relief, if nothing else.

And, it always is nothing else.

House Republicans, for example, recently demonstrated a new way to flush 50 million tax dollars down the toilet -- the cost to taxpayers for taking 33 repeated, knowingly futile, politically-staged attempts to repeal the Affordable Care Act, the helpful, but anemic, new healthcare law.

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Electronic Vote-Counting Increasingly By Global Private Vendors

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By Bev Harris, founder of BlackBoxVoting.org

A press release today about the planned expansion of Unisyn into more USA locations renews attention on foreign ownership of corporations selling voting systems into the United States.

Unisyn is owned by a Malaysian gambling outfit. Another major elections industry player, Canada's Dominion, purchased the massive Diebold Election Systems division (which it shares with ES&S); Dominion also owns Smartmatic, which handles electronic vote-counting in the Philippines and Belgium. Military voting is now handled in several states by Barcelona, Spain-owned Scytl. In January 2012, Scytl acquired the largest election results reporting firm, SOE Software.

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Lemonade Stands and Paranoid Crackpots

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Every once in a while, an email floats in that you'd like to share with the whole nation.  It doesn't happen often, but it did happen again yesterday.  The Twainian email was in the form of a hopeful donation note from former Florida Congressman Alan Grayson, who is now running in the newly-created 9th District there.

The letter is sharp, clear, and darkly humorous, filled with heady satire and parody. It is also filled with lots and lots of heart. There is much humor and truth here, and is of the kind you may have thought not made anymore.  As you read, be prepared to grimace some --  you know, where your face starts to smile through the insistent, persistent frown etched there by the times. Prepare to hear yourself laugh out loud, knowingly.

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Turn on the Bat Signal, Bain is at it again!

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The AARP is reporting that a large number of seniors are at risk of their homes being foreclosed upon. Gosh you'd think Mittens had stolen their pensions or something. After Bane (I mean Bain, Holy typo Rush), loots a pension plan, the taxpayer picks it up, but pays only pennies on the dollar.

 

The Bush Crash took a big chunk out of the 401(k) ponzi scheme, and now a lot of people are forced to cash out what's left. They are paying huge penalties for the privilege of using their own money. These people are short of retirement, but have no hope of ever being employed again in the new Flat Earth economy of Ronald Reagan. He built the penalties into 401(k)s, do you see why?

 

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