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kpete

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Member since: Fri Sep 17, 2004, 03:59 PM
Number of posts: 45,528

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smashed by greed

Why Should Taxpayers Give Big Banks $83 Billion a Year?



The top five banks — JPMorgan, Bank of America Corp., Citigroup Inc., Wells Fargo & Co. and Goldman Sachs Group Inc. - – account for $64 billion of the total subsidy, an amount roughly equal to their typical annual profits (see tables for data on individual banks). In other words, the banks occupying the commanding heights of the U.S. financial industry — with almost $9 trillion in assets, more than half the size of the U.S. economy – would just about break even in the absence of corporate welfare. In large part, the profits they report are essentially transfers from taxpayers to their shareholders.




http://www.bloomberg.com/news/2013-02-20/why-should-taxpayers-give-big-banks-83-billion-a-year-.html

OUCH, from Syria To US



http://americablog.com/2013/04/syria-boston-message-bombing-kafr-anbel.html

the Bostonians wrote in reesponse:


http://americablog.com/2013/04/syria-boston-message-bombing-kafr-anbel.html

Atheist Richard Dawkins: ‘Indoctrination of religion’ is ‘child abuse’

Evolutionary biologist Richard Dawkins on Sunday told a British literary festival that parents who forced their children to believe that religion was a fact were guilty of “child abuse.”

Speaking about his family-friendly book The Magic of Reality at the Chipping Norton Literary Festival, the University of Oxford professor warned against the “indoctrination of children,” according to The Daily Mail.

“What a child should never be taught is that you are a Catholic or Muslim child, therefore that is what you believe. That’s child abuse.”


The author of The God Delusion recommended that children be taught religion in the same way that they are taught literature.

...........................

http://www.dailymail.co.uk/news/article-2312813/Richard-Dawkins-Forcing-religion-children-child-abuse-claims-atheist-professor.html?ITO=1490&ns_mchannel=rss&ns_campaign=1490
http://www.rawstory.com/rs/2013/04/22/atheist-richard-dawkins-indoctrination-of-religion-is-child-abuse/



He didn't just put some fertilizer in a crock pot, he filled a big warehouse with it.

TERRORISM?




See the sweet looking, smiling man? Well, he is a terrorist. With his wealth he was able to create a much better bomb than those youngin's did, because he didn't put some fertilizer in a crock pot, he filled a big warehouse with it.

BEFORE AND AFTER

http://q13fox.com/2013/04/20/town-tries-to-move-on-after-explosion-that-killed-14-injured-160/#axzz2RCiQh15R

MORE:
http://www.rhlawgroup.com/blog/west-fertilizer-plant-explosion-response/
http://www.nydailynews.com/news/national/texas-fertilizer-plant-massive-amounts-unreported-ammonium-nitrate-article-1.1322766
http://hinterlandgazette.com/tag/west-fertilizer-co-owner-donald-adair

"I've waited 5 yrs to see 1 figure on Wall Street speak in a moral language & I’ve not seen it once"

Jeffrey Sachs Calls Out Wall Street Criminality and Pathological Greed

The possibility of reform is remote until breaks within the elites take place.



Read more at http://www.nakedcapitalism.com/2013/04/jeffrey-sachs-calls-out-wall-street-criminality-and-pathological-greed.html#Gi77xWO2eYLE1jTD.99


..I believe we have a crisis of values that is extremely deep, because the regulations and the legal structures need reform. But I meet a lot of these people on Wall Street on a regular basis right now. I’m going to put it very bluntly. I regard the moral environment as pathological. And I’m talking about the human interactions that I have. I’ve not seen anything like this, not felt it so palpably. These people are out to make billions of dollars and nothing should stop them from that. They have no responsibility to pay taxes. They have no responsibility to their clients. They have no responsibility to people, counterparties in transactions. They are tough, greedy, aggressive, and feel absolutely out of control, you know, in a quite literal sense. And they have gamed the system to a remarkable extent, and they have a docile president, a docile White House, and a docile regulatory system that absolutely can’t find its voice. It’s terrified of these companies.

If you look at the campaign contributions, which I happened to do yesterday for another purpose, the financial markets are the number one campaign contributors in the U.S. system now. We have a corrupt politics to the core, I’m afraid to say, and no party is – I mean there’s – if not both parties are up to their necks in this. This has nothing to do with Democrats or Republicans. It really doesn’t have anything to do with right wing or left wing, by the way. The corruption is, as far as I can see, everywhere. But what it’s led to is this sense of impunity that is really stunning, and you feel it on the individual level right now, and it’s very, very unhealthy.

I have waited for four years, five years now, to see one figure on Wall Street speak in a moral language, and I’ve not seen it once. And that is shocking to me. And if they won’t, I’ve waited for a judge, for our president, for somebody, and it hasn’t happened. And by the way it’s not going to happen anytime soon it seems.

More of interview:
http://www.nakedcapitalism.com/2013/04/jeffrey-sachs-calls-out-wall-street-criminality-and-pathological-greed.html

KRUGMAN: On "Permanent Class Of Jobless Americans"-"Let’s be clear: this is a policy decision."

OP-ED COLUMNIST
The Jobless Trap
By PAUL KRUGMAN
Published: April 21, 2013 5



..................

So we are indeed creating a permanent class of jobless Americans.

And let’s be clear: this is a policy decision. The main reason our economic recovery has been so weak is that, spooked by fear-mongering over debt, we’ve been doing exactly what basic macroeconomics says you shouldn’t do — cutting government spending in the face of a depressed economy.

It’s hard to overstate how self-destructive this policy is. Indeed, the shadow of long-term unemployment means that austerity policies are counterproductive even in purely fiscal terms. Workers, after all, are taxpayers too; if our debt obsession exiles millions of Americans from productive employment, it will cut into future revenues and raise future deficits.

Our exaggerated fear of debt is, in short, creating a slow-motion catastrophe. It’s ruining many lives, and at the same time making us poorer and weaker in every way. And the longer we persist in this folly, the greater the damage will be.

,,,,,,,,,,,,,,,,

Read it all:
http://www.nytimes.com/2013/04/22/opinion/krugman-the-jobless-trap.html?smid=tw-share&_r=0

Official: Boston suspect awake, responding in writing

Source: USA Today

Dzhokhar Tsarnaev, who was captured Friday after a dramatic manhunt that paralyzed Boston and its suburbs, is under heavy guard in a Boston hospital.


Dzhokhar Tsarnaev, the surviving suspect in the Boston Marathon bombings, is awake in a Boston hospital and responding in writing to questions, a law enforcement official said Sunday.

Investigators who have been waiting to interrogate Tsarnaev are looking into the possibility that his neck wound was self inflicted, a federal law enforcement official said.

The official, who has been briefed on the matter but is not authorized to comment publicly, said that suspicions of a suicide attempt before he was captured center on the small appearance of the entry wound and larger exit wound area

A law enforcement official confirmed that the suspect was awake Sunday evening. Earlier, Boston Police Commissioner Ed Davis told reportersthat Tsarnaev was still "not in any condition to be interrogated.'' He said the suspect's condition has only stabilized in "the last few hours.''

Read more: http://www.usatoday.com/story/news/nation/2013/04/21/boston-bombings-suspect-marathon/2100733/

Ex-CIA Deputy Director: Boston Bombing 'More Like Columbine Than Al Qaeda'

Ex-CIA Deputy Director: Boston Bombing 'More Like Columbine Than Al Qaeda'

Former CIA Deputy Director Phillip Mudd on Sunday told Fox News that Boston bombing suspect Dzokhar Tsarnaev should be charged as a murderer because the crime looked more like the 1999 massacre at Columbine High School in Colorado than an attack planned by al Qaeda.

During an interview on Fox News Sunday, host Chris Wallace asked Mudd if there were signs that al Qaeda was behind the Boston Marathon bombing.

"The only fingerprint I've seen might have possible have been ideology, but not operations," Mudd explained. "But every step of the way here was pretty rudimentary. For example, if you look at some of those initial photos, you've got a kid with a hoodie and a cap. If he wants to obscure himself, the hoodie goes on, the cap forward."

"If he had operational training, I want to know who did it because they were amateurs."

..............

http://videocafe.crooksandliars.com/david/ex-cia-deputy-director-boston-bombing-more-c

Police: Boston Bombing Suspects Didn’t Have Gun Permits

Source: Talking Points Memo

Police: Boston Bombing Suspects Didn’t Have Gun Permits

CAMBRIDGE, Mass. (AP) — A Massachusetts police official say the brothers suspected of bombing the Boston Marathon before having shootouts with authorities didn’t have gun permits.

Cambridge Police Commissioner Robert Haas tells The Associated Press in an interview Sunday that neither Tamerlan Tsarnaev (tsahr-NEYE’-ehv) nor his brother Dzhokhar had permission to carry firearms.

He says it’s unclear whether either ever applied and the applications aren’t considered public records.

But he says the 19-year-old Dzhokhar (joh-KHAR’) would have been denied a permit because of his age. Only people 21 or older are allowed gun licenses in Massachusetts.

Read more: http://talkingpointsmemo.com/news/police-boston-bombing-suspects-didnt-have-gun-permits.php
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