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Member since: Fri Sep 17, 2004, 02:59 PM
Number of posts: 53,684

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"Don't Goat Me, Bro!"


An amazing chart showing global military spending

Conrad Hackett @conradhackett
Global military spending
US 37%
China 11%
Russia 5%
S Arabia 4%
UK 3%
Japan 3%
India 3%
Brazil 2%
Turkey 1%
UAE 1%
6:21 AM - 25 May 2014


SALON: "Toxic bankers, captive regulators: Everything you think about the housing market is wrong"

"Toxic bankers, captive regulators: Everything you think about the housing market is wrong"

Excerpted from "Other People’s Houses: How Decades of Bailouts, Captive Regulators, and Toxic Bankers Made Home Mortgages a Thrilling Business"

The news cameras kept recording after the power failed. Complete darkness. Then a heavy red curtain was swept aside, allowing a bit of sunlight to stream into the woodpaneled hearing room. This natural illumination had a strange effect on Alan Greenspan, the day’s first witness. He was seated before the Financial Crisis Inquiry Commission (FCIC), a ten-member panel of private citizens appointed by Congress to examine the causes of the financial and economic crisis. By that day, in April 2010, the FCIC had already conducted several hearings and public meetings. Greenspan had spent much of the morning before the power outage in a defensive mode, denying that, as chairman of the Fed for nearly two decades, he had the tools to predict or prevent the subprime mortgage meltdown and the connected global financial crisis.

Yet he had admitted to the panel: “I was right 70 percent of the time, but I was wrong 30 percent of the time. And there are an awful lot of mistakes” over the years. Now, in the semidarkness, Greenspan retreated a bit. He responded to a question about whether he believed there still was excessive debt in the banking system with a nod, a gesture not captured on the official record. The commissioner who posed the question remarked that he saw Greenspan nod. An audience member said he had not nodded. Greenspan sat silently, not offering to clarify. Minutes later, the hearing adjourned and the witness departed.

That was classic Greenspan: bright moments of clarity followed by obfuscation and retreat. Eighteen months earlier in October 2008, in his most candid moment, he told a congressional subcommittee that he had found “a flaw” in his entire system of thought. He had adhered for decades to a particular view of how markets operated, only to discover several decades later he’d been very wrong. Yet the question for the panel that April morning was whether the crisis could have been avoided.


Notwithstanding this pay negotiator’s assertion that Wall Street was not to blame, when put under oath, bankers do not concur. Bank of America CEO Brian Moynihan told the FCIC: “Over the course of the crisis, we, as an industry, caused a lot of damage. Never has it been clearer how poor business judgments we have made have affected Main Street.” At an FCIC hearing in January 2010, JPMorgan Chase CEO Jamie Dimon told the Commission, “I blame the management teams 100% . . . and no one else.”

MORE Most xlnt, many myths debunked:

As of now, every single state gay marriage ban is now being challenged in court

North Dakota’s same-sex marriage ban to be challenged
The nation’s last unchallenged state same-sex marriage ban is about to lose that status.
By Niraj Chokshi, Published: May 24 E-mail the writer

“There will be a case filed challenging North Dakota’s same-sex marriage ban,” says Joshua Newville, a Minneapolis-based civil rights attorney who filed a suit Thursday against South Dakota’s ban on behalf of same-sex couples there.

Newville is in talks with advocates and attorneys in North Dakota and confirmed that either he or another attorney will bring a lawsuit against that state’s ban within six to eight weeks.

Until Wednesday, just three of the 33 states that ban same-sex marriage had not been sued over those policies. But same-sex couples sued Montana that day and South Dakota on Thursday, leaving only North Dakota’s unchallenged.

The same-sex marriage movement has enjoyed a streak of more than a dozen victories in federal courts since a pivotal Supreme Court decision last summer, striking down a central part of the Defense of Marriage Act and granting federal recognition to same-sex married couples. Since then, no state ban has survived a court challenge, according to the Human Rights Campaign, which advocates for same-sex marriage.


Father of CA Shooting Victim Points Directly at NRA

Father of Shooting Victim Points Directly at NRA
posted by CHARLES MUDEDE on SUN, MAY 25, 2014 at 2:18 AM
Said by a father, Richard Martinez, who lost his son, Christopher Martinez, in the UCSB shooting:

Our son Chris Martinez and six others are dead... Why did Chris die? Chris died because of craven, irresponsible politicians and the NRA. They talk about gun rights. What about Chris's right to live?


Republicans were willing to spend trillions of dollars on wars but not on expanding VA

A substantial portion of the estimated $ 3 trillion price of that war is represented by the cost of decent care for veterans. But even as the war raged on, the Bush administration and Republicans in Congress repeatedly refused to appropriate sufficient funding for veterans' health care. This financial stinginess toward vets was consistent with Bush's refusal to take any steps to pay for his expensive war (and decision to protect his skewed tax cuts instead).

As Alec MacGillis pointed out this week in the New Republic, legislators who voted for war while opposing expansion of the VA are hypocrites, particularly when they claim to care about veterans. So are the Republican governors who refuse to expand Medicaid under the Affordable Care Act, which keeps hundreds of thousands of impoverished vets from getting health care.

Republicans regularly propose cuts in VA funding and oppose increases sponsored by Democrats -- a pattern that extends back to the first years of the Iraq and Afghan conflicts and continues to this day. ... When politicians demand accountability from their betters, including a war hero like Shinseki, let's remember that they should be held accountable, too.


Only "Male Prostitutes" Mr. Robertson?

In the new video, Robertson attempts to rationalize the national outrage his quotes caused, telling the congregation that people were upset because "instead of acknowledging their sin, like you had better do, they railed against me for giving them the truth about their sins. Don't deceive yourselves," he warns.

He continues by paraphrasing a verse from Corinthians, saying, "Neither the sexually immoral, nor the idolators, nor adulterers, nor male prostitutes, nor homosexual offenders, nor thieves, nor greedy, nor drunkards, nor slanderers, nor swindlers will inherit the kingdom of God." Those words are met with applause.

Question, only male prostitutes? Is that to make up for all the other misogynistic crap ya think?


Bill Maher: ‘The culture war is over, and we won’

“Folks, we had a televised, celebrated interracial gay kiss during the NFL draft,” Maher said, referring to the selection of Michael Sam by St. Louis. “The culture war is over, and we won. I predict in 5 years, the NFL will be completely gay.”


He also stood up, sort of, for David and Jason Benham, whose deal to host a real estate reality show on HGTV was scrubbed after their Islamophobic and homophobic statements came to light.

“If you’re a Christian, you may condemn their homophobia, but they got it out of the same dumb book which you also revere,” Maher said. “So there’s a little bit of a mixed message going on. So maybe it would’ve worked better to not hound them from their home improvement show and then just let them try and find an interior decorator who will work with them.”


"Democracy In Action!...

Some guy got naked outside the white house

Whitehouse @whphotos2013
White House drama! Some guy got naked outside the white house!! #drama #whitehouse #thecopsbeathim #whitehouse
11:49 AM - 23 May 2014

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