HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Octafish » Journal
Page: « Prev 1 2 3 4 5 6 7 ... 126 Next »

Octafish

Profile Information

Gender: Male
Member since: 2003 before July 6th
Number of posts: 42,487

Journal Archives

And Now the Richest .01 Percent

by Robert Reich
Tuesday, November 18, 2014

The richest Americans hold more of the nation’s wealth than they have in almost a century. What do they spend it on? As you might expect, personal jets, giant yachts, works of art, and luxury penthouses.

And also on politics. In fact, their political spending has been growing faster than their spending on anything else. It’s been growing even faster than their wealth.

According to new research by Emmanuel Saez of the University of California at Berkeley and Gabriel Zucman of the London School of Economics, the richest one-hundredth of one percent of Americans now hold over 11 percent of the nation’s total wealth. That’s a higher share than the top .01 percent held in 1929, before the Great Crash.

We’re talking about 16,000 people, each worth at least $110 million.

One way to get your mind around this is to compare their wealth to that of the average family. In 1978, the typical wealth holder in the top .01 percent was 220 times richer than the average American. By 2012, he or she was 1,120 times richer.

CONTINUED, despite promises to the contrary...

http://www.commondreams.org/views/2014/11/18/and-now-richest-01-percent

Media Lie

An example of dishonesty in the truth biz comes from a commercial that aired yesterday on NBC's Sunday Night Football, telling viewers that NBC's "State of Affairs" is "the critics' favorite new drama":



See how they use a nice quote from the "critic" at E! Online to make sure the point is hammered ho-, er, uh, reinforced visually.

What is missing from the screen and audio track, what NBC doesn't tell you, is that NBC is owned by Comcast and that Comcast also owns E!

Thus, no duh. Without question "State of Affairs" is "the critic's favorite new drama" at E! They get paid by the same company what made the new drama.

That little omission represents a major deceit. They lead viewers to believe the critic is a person without ties to NBC and Comcast and their television show. A critic with ties is a biased critic and that is no critic.

Just one example of how Media Lie. It's all business as usual for the Media Monopoly, the six global players that pretty much create almost all of what We the People see, hear and read every dumb day. That undemocratic reality also is omitted from what passes for news and information these days.

So, the next time the Corporate Media are at work on your and your family's minds, remember that the bosses of the few corporations think We are too dumb to notice when they do their Thing.

PS: Sorry about the image quality -- it's a phone camera capture.

PPS: "State of Affairs" has a great tagline: "All the President's men are nothing compared to her."

''Like a Duck in a Noose'' seemed to stop a murderous rampage in 2004.

"You have indicated that you want us to do and say certain things. You've asked us to say, 'We have caught the sniper like a duck in a noose.' We understand that hearing us say this is important to you," Moose said late Wednesday at a televised news briefing, called so authorities could release information on two people sought for questioning in the 13 sniper shootings.

SOURCE: http://www.foxnews.com/story/2002/10/24/duck-in-noose-reference-explained/

Media By Design

Why the Big Money goes into the Big Lie: It's not just busting unions. They want to bust Democracy.



The plan spelled out, by a lawyer who helped keep cancer covered-up for Big Tobacco and soon-to-be-rewarded with a sinecure on the Supreme Court:



The Lewis Powell Memo - Corporate Blueprint to Dominate Democracy

Greenpeace has the full text of the Lewis Powell Memo available for review, as well as analyses of how Lewis Powell's suggestions have impacted the realms of politics, judicial law, communications and education.

Blogpost by Charlie Cray - August 23, 2011 at 11:20
Greenpeace.org

Forty years ago today, on August 23, 1971, Justice Lewis F. Powell, Jr., an attorney from Richmond, Virginia, drafted a confidential memorandum for the U.S. Chamber of Commerce that describes a strategy for the corporate takeover of the dominant public institutions of American society.

Powell and his friend Eugene Sydnor, then-chairman of the Chamber’s education committee, believed the Chamber had to transform itself from a passive business group into a powerful political force capable of taking on what Powell described as a major ongoing “attack on the American free enterprise system.”

An astute observer of the business community and broader social trends, Powell was a former president of the American Bar Association and a board member of tobacco giant Philip Morris and other companies. In his memo, he detailed a series of possible “avenues of action” that the Chamber and the broader business community should take in response to fierce criticism in the media, campus-based protests, and new consumer and environmental laws.

SNIP...

The overall tone of Powell’s memo reflected a widespread sense of crisis among elites in the business and political communities. “No thoughtful person can question that the American economic system is under broad attack,” he suggested, adding that the attacks were not coming just from a few “extremists of the left,” but also – and most alarmingly -- from “perfectly respectable elements of society,” including leading intellectuals, the media, and politicians.

To meet the challenge, business leaders would have to first recognize the severity of the crisis, and begin marshalling their resources to influence prominent institutions of public opinion and political power -- especially the universities, the media and the courts. The memo emphasized the importance of education, values, and movement-building. Corporations had to reshape the political debate, organize speakers’ bureaus and keep television programs under “constant surveillance.” Most importantly, business needed to recognize that political power must be “assiduously cultivated; and that when necessary, it must be used aggressively and with determination – without embarrassment and without the reluctance which has been so characteristic of American business.”

CONTINUED...

http://www.greenpeace.org/usa/en/news-and-blogs/campaign-blog/the-lewis-powell-memo-corporate-blueprint-to-/blog/36466/



In the process, their greed and lies work to destroy the planet, peace and prosperity. Democracy they flattened long ago.

No. Greed is the opposite of Democratic. (NT)

You are most welcome, LawDeeDah! Ah...Appearances.

That one does have me wondering. Another WTF from that happened in... Kennebunkport, July 30, 1983: Bill Clinton, George Bush & George Wallace



Wallace and his third wife, the former Lisa Taylor, meet with Vice President George Bush and Arkansas Gov. Bill Clinton at a lobster bake at Bush's residence at Kennebunkport, Maine, July 30, 1983. The third Mrs. Wallace, whom the governor married in 1981, was 30 years his junior and half of a country-western singing duo, Mona and Lisa, who had performed during his campaign in 1968.

CREDIT: AP/Birmingham Post

SOURCE: http://www.cbsnews.com/pictures/george-wallace/13/

George Wallace did all he could to oppose President Kennedy and his administration's policy to integrate public schools, including the University of Alabama.

Something else important to know: Wallace’s running mate in 1968 was Gen. Curtis LeMay, who exhibited insubordination to President Kennedy during the Cuban Missile Crisis. President Kennedy, former CIA analyst Ray McGovern noted, exhibited signs of stress over the possibility of a military coup.

UK newspapers have the guts to ask: ''Why aren't crooked bankers in prison?''

Why aren't crooked bankers in prison? As our banks are fined £2bn for fixing currency rates, clamour grows for dozens of traders to face prosecution

* RBS, HSBC, JPMorgan Chase, UBS and Citibank fined in UK and U.S.
* Barclays bank will also be fined but it is still negotiating its punishment
* Bankers were rigging the £3.5trillion-a-day foreign exchange markets
* Anyone found guilty of manipulating the Forex market could face jail
* 30 traders have been sacked or suspended but none have been arrested
* Bankers colluded on forums to share information on clients to make cash
* Traders called themselves the A-Team, Three Musketeers and The Players
* Messages on forums bragged about making 'free money' and bonuses


By JAMES SALMON, DAILY MAIL BANKING CORRESPONDENT
PUBLISHED: 18:09 EST, 12 November 2014 | UPDATED: 19:56 EST, 12 November 2014

Dozens of traders face prosecution after five banks were fined £2.6billion yesterday for fixing currency markets.

Damning transcripts of City workers bragging about making ‘free money’ and laughing at ‘numpties’ not in on their scam were published by regulators.

Calling themselves ‘players’, ‘musketeers’ or members of the ‘A-Team’, the traders congratulate each other on ‘killing it’ with rigged deals.

Incredibly, their corrupt activities continued for more than a year after the authorities started dishing out an earlier £4billion in fines for the fixing of Libor interest rates.

CONTINUED...

http://www.dailymail.co.uk/news/article-2832260/Why-aren-t-crooked-bankers-prison-banks-fined-2bn-fixing-currency-rates-clamour-grows-dozens-traders-face-prosecution.html

Gee. The only reason I can't see our corporate owned monopoly press ask tough questions would be that they are part of the problem,

Yeah. So funny.

Bartcop coined the term "Bush Family Evil Empire" to denote the 60-year pre-eminence of one family in the formation of the political philosophy in the United States, that of the War Party. And, yes, personally, I have tried to chronicle their influence on the ascension of the national security state. At least three generations have held high national office, while also making big money off war and looting the public Treasury. The last president of the United States, a man who wasn't elected fair and square by any stretch of the imagination, actually said: "Money trumps peace" at a press conference. For some reason, not a single "journalist" had the guts to ask him what he meant by that. Since then, we've learned war is so profitable those with access to government secrets are at a distinct advantage over others.

Even if it's undemocratic, isn't that hilarious, greytdemocrat?

Pity the poor Pentagon.

What are they raking in for the nuclear upgrade, a trillion? To start.

PDF for details:

http://cns.miis.edu/opapers/pdfs/140107_trillion_dollar_nuclear_triad.pdf

US Agency Using Spy Planes to Fool Cell Phones, Capture Data

Image from Wall Street Journal:



Revealed: US Agency Using Spy Planes to Fool Cell Phones, Capture Data

Newly revealed mass surveillance program by the US government is "inexcusable," says ACLU

byJon Queally, staff writer
CommonDreams, Nov. 14, 2014

According to new reporting by the Wall Street Journal, the U.S. Marshals Service—an arm of the Department of Justice—has been using small aircraft equipped with technology that can mimic the functions of cell towers in order to capture the data contained on phones and mobile devices of people across large areas on the ground below.

Citing those familiar with the program, the Journal report (subscription) reveals how the program's use of so-called "dirtbox" technology is part of "a high-tech hunt for criminal suspects that is snagging a large number of innocent Americans" in a dragnet approach that will remind some of similar techniques known to be used by the National Security Agency and other federal agencies.

The WSJ reporting relates how the Marshals Service operate a fleet of specially-outfitted Cessna airplanes which can take off from "at least five metro-area airports," allowing the aircraft a range that covers "most of the US population."

As GeekWire explains, because the "dirtbox" devices "emulate a cell tower, they can pick up thousands or tens of thousands of signals from other citizens who aren’t being targeted by the Marshals."

CONTINUED...

http://www.commondreams.org/news/2014/11/14/revealed-us-agency-using-spy-planes-fool-cell-phones-capture-data

Gosh. Do you ever get the feeling that maybe, in the eyes of the Police (State), We the People now are all considered "Bad Guys"?
Go to Page: « Prev 1 2 3 4 5 6 7 ... 126 Next »