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Goldman Sucks – a video ode to Goldman Sachs

This video montage is based upon Matt Taibbi’s, Inside The Great American Bubble Machine The other day I learned that GS owns the Mountain Pass rare earth mine in California. The video is right, GS is everywhere.

Iraq war veteran Shannon Meehan runs for state legislature on Pennsylvania

This is an especially moving story for me. This young Army sargeant, Shannon Meehan, is suffering from severe PTSD and TBI and had a similar experience of taking the lives of Iraqi civilians, as my son did, is fighting through the fog to find some meaning in his life. His politics are unclear but I hope he makes it.

Olbermann – Rove rewrites history

Not a surprise that Karl Rove, ‘Bush’s brain’ would have a view of the lead-up to the Iraq war totally out of sync with proven facts.

Maddow – Liz Cheney flips the scoop – her dad is ‘al Qaeda’

Liz Cheney through her ‘Keep America Safe’ political action committee has connected the dots from al Qaeda to her dad, Dick… No wonder Bush ignored the intelligence memo alerting him to the 9/11 attacks! This would be funny if it weren’t for the almost 5,000 Americans killed in Iraq and 30,000 plus wounded

Colbert – Greece’s economic downfall – Sheherezade Rehman

“Scheherazade Rehman discusses the likelihood of Greece receiving a bailout from the European Union” Arguments are strong that Goldman Sachs contributed to the fall of Greece just to make a buck…

Goldman Sachs helped the Greek government to mask the true extent of its deficit with the help of a derivatives deal that legally circumvented the EU Maastricht deficit rules. At some point the so-called cross currency swaps will mature, and swell the country’s already bloated deficit….

Creative accounting took priority when it came to totting up government debt.Since 1999, the Maastricht rules threaten to slap hefty fines on euro member countries that exceed the budget deficit limit of three percent of gross domestic product. Total government debt mustn’t exceed 60 percent…

Greece’s debt managers agreed a huge deal with the savvy bankers of US investment bank Goldman Sachs at the start of 2002. The deal involved so-called cross-currency swaps in which government debt issued in dollars and yen was swapped for euro debt for a certain period — to be exchanged back into the original currencies at a later date.

The Daily Show – Anchor management

Poking more fun at Faux News and its fair and balanced meme. “Megyn Kelly presents a balanced picture of the health care summit by randomly selecting four people who all think the bill is a terrible idea.”

Colbert – The Word – Kid-Owe

“A new credit website teaches kids how to spend money they don’t have on things that don’t exist” Kwedit helps get your kids hooked on credit so they can be addictive consumers when they grow up… as if watching typical Americans at Walmart is modeling the concept for them already.

Colbert – Health care marriage counseling

“Republicans and Democrats are like a husband and wife fighting over whether to have a health care bill baby.”

The Daily Show – Senate after dark – obstructionist

The Senate needs to get Jim Bunning out of the room if it wants to pass a 30-day extension of unemployment benefits.

Olbermann – Special comment – Life panels

Parts one and two of an unplanned two part special comment about end of life counseling. Sadly, Keith is experiencing the matter first hand as he copes and watches is sick father rise and falter along the path to home or beyond…

The Daily Show – Make it rain – bank of america

Have all of you noticed the new cleverly worded letters coming from your bank? Mine is sure sending out a lot of info about ‘changes to your checking’…

The Daily Show – Rage within the machine – progressivism

Glenn Beck makes an idiot of himself once again… unfortunately he, along with the people who adore him, is too stupid to know it.

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Deer Hunting With Jesus in Coos County

After at least seven different people suggested I read Joe Bageant’s, “Deer Hunting With Jesus. Dispatches from America’s Class War”I finally gave in and downloaded it to my Kindle several months ago where it stayed unread. This week, while working up in Portland I gave it a try hoping to put myself to sleep in the hotel room and though it didn’t put me to sleep and I haven’t finished it, I am really glad I started it.

One of the biggest quandaries besetting my fellow progressives and me is what mechanism exists that allows working class Americans to consistently vote against their own interests. More specifically, I have watched it happen here in the almost seven years I have lived in Coos County despite all my efforts to provide data, both empirical and statistical to my fellow working class citizens, proving the folly of this or that course of action. Willful, prideful ignorance I have proclaimed and speculated while the objects of my frustration accuse me of liberal elitism.

The World Forum (if you can call heavy handed moderation of non conservative ideas a forum) is rife with the kind of pro-big-business, anti-Islam, anti-environmentalists, anti-taxes, anti-entitlements, all welfare mothers drive Cadillacs and eat lobster. All union workers are lazy, overpaid and priced themselves out of the market and that’s why mill jobs left Coos County and went to China. People here really believe the unions are to blame for Weyerhauser baling out in the eighties while they ignore the multimillion dollar bonuses of the CEOs running major corporations. They think nothing of the fact the working poor pay higher taxes and their taxes subsidize jobs in foreign lands by virtue of offering ‘enterprise zone’ exemptions, property tax exemptions (remember NW Natural) and tax credits and federal grants all while white collar crooks like Ken Lay didn’t pay a penny in taxes.

Progressives like me stand in stunned amazement as the working class not only stand there and take it in the shorts but bloody hold ‘tea parties’ extolling the rights of the rich to stick it to the poor, and “oh, and by the way keep the goddam government out of my medicare!” I don’t read The World Forum anymore because it makes me sad and it makes me want to wrap myself in my liberal elitism like a thick blanket against the bitter cold and escape the hell out of here.

While Bageant doesn’t offer solutions (so far anyway) he makes a really good point

I don’t mean to reinforce the false neocon-generated label of Brie-eating, microbrew-sucking, Volvo-driving wimps. I’ve done all those things and more – except for the unaffordable Volvo. Besides, if liberal America has been somewhat too smug of late, my working-class brethren have been downright stupid to be so misled by the likes of Karl Rove, Pat Robertson and the phony piety of George W Bush.
The fact is that liberals and working people need each other to survive the growing economic calamity delivered to us by the regime that promised to “run this country like a business.” Sooner or later, despite the Democrats’ wins in the 2006 midterm elections, the left must genuinely connect face to face with Americans who do not necessarily share all of their priorities, and especially with Americans who have not been voting, if the left is ever to be relevant again to working America. If the left is not about class equity, what is it about?
With that in mind, I would like to take the reader someplace closer to the lives of America’s homegrown working folks than our media ever ventures, closer to those whose kids’ high school trip is to Iraq, who are two paydays away from homelessness yet in their pride cling to the notion that they are middle class Americans.

A year ago, New Year’s Eve, twenty two road workers were laid off from the Coos County Road Department in an undeniably underhanded way and I had the opportunity to sit in on the meeting where Commissioner Kevin Stufflebean effectively gave them all the ax. The event triggered an unusual but encouraging opportunity for me to get a snapshot of what I had previously viewed as the ‘other side’, even though I regard myself as working class, and while we will never see eye to eye on everything we found common ground. From that experience I believe we proved the highlighted point of Blageant’s graf above… we need each other and together we changed the political landscape of Coos County.

Blageant, a former redneck conservative turned liberal elite, (he even lived in Oregon for a time) returned to his hometown of Winchester, VA to live and his political transition coupled with the homecoming prompted him to write the book and I am glad he did because it has helped me understand what I am really up against.

Upcoming commissioners elections with two incumbents facing multiple opponents will mark just how much the landscape has changed but one thing I know we all have in common is a real sense of fairness. The thread that binds that fairness, I believe will be jobs. Not temporary jobs as created by building a pipeline or an LNG terminal but real long term family wage jobs that only can come from independence and sustainability in communities that have learned to shake hands and disagree but still work together and have a dialog.

Everyone, redneck and liberal alike should read this book!

Jon Stewart smacks O’Reilly in interview and Fox edits the tape

The part of the interview that made it to O’Reilly’s show diminishes the scope of the debate Stewart attempted to get the ill informed O’Reilly to engage in. Thankfully, Gawker has broken the entire interview out for posterity here. Watch how a well educated informed short comedian can make a 6′5″ blowhard look silly. Awesome.

Fox News has generously placed the full, unedited conversation between Bill O’Reilly and Jon Stewart online, so we can see precisely how unfairly and deviously Fox edited the interview in order to weaken Stewart’s case: A lot!

Last night on his show—Part Two of a ludicrously overhyped “faceoff” between O’Reilly and Stewart in which Stewart attempted, among other things, to present a critique of Fox as a fear-mongering GOP messaging operation—O’Reilly boasted that his edit of their 42-minute interview for broadcast was “a fair cut” and invited viewers to have a look at the unedited version online to judge for themselves: “Some of these idiots in the press who hate us, ‘O’Reilly cut the interview to make Stewart look’—OK, all of that is bull. It’s a fair cut. And then when you watch the cut and watch the whole interview you’ll see it.”

So we took him up on the offer, and guess what? If by “fair cut” O’Reilly means “cut in a manner that left some of Stewart’s best lines, most effective arguments, and most convincing evidence out of the interview and hidden from the broadcast audience,” then he’s absolutely right.