Monday: meteors to methane

Meteor shower incoming.

Arizona allows open carry in airports... which gets you this idiocy.  And this reaction.

Sen. Sheldon Whitehouse (D-RI) debunks the anti-climate change Republicans, on video.

America's most hated banks.

Garbage men know all.

More methane sinkholes?

Banksters will never stop being gangsters until they're put in prison

Because grabbing other people's money is all they're good at.

The little island that could..

Learn from Iceland how to deal with banksters.

edited for extraneous link.

How to start a revolution

Don't make any sudden moves!! A moderate and intelligent Republican!!

Let some of these banksters go to jail.

Banks are nervous.

Good.

Flotsam and jetsam

Dumb Alabama Immigration Law Working So Well Its Crops Are Rotting And this link explains why...

11 Facts You Need To Know About The Nation’s Biggest Banks

Facebook shows the student who will fail chemistry....

No loopholes for millionaires. Ronald Reagan wouldn't even get nominated let alone elected in this day and age....

The breathtaking quotes from Ron Paul.

Krugman about Occupy Wall Street protesters:

What can we say about the protests? First things first: The protesters’ indictment of Wall Street as a destructive force, economically and politically, is completely right.

Stupidity and insanity and banksters run amok

Wisconsin Senate hopeful Ron Johnson in all his glory.

Rand Paul.

Teapartiers love Ayn Rand but have no idea who she really was. Sickeningly,

...she became enthralled by a real-life American serial killer, William Edward Hickman, whose gruesome, sadistic dismemberment of 12-year-old girl named Marion Parker in 1927 shocked the nation.

Being rewarded for torture:

A psychologist whose research was used in constructing the US's program to torture terrorism suspects has been granted a $31-million no-bid Army contract to provide "resilience training" to US soldiers.

The Pentagon needs more money:

The latest talking point du jour has been around in one form or another for years. It asks us to forget that A) America spends more on defense than every other major nation combined and B) the Pentagon, whose annual budget is now approaching World War II levels in inflation-adjusted terms, has lost track of trillions of taxpayer dollars. In light of those troubling truths, we are nonetheless urged by Beltway Republicans to focus on the fact that defense spending is "4.9 percent of our gross domestic product, significantly below the average of 6.5 percent since World War II," as a recent Wall Street Journal editorial proclaimed.

That widely circulated article, aimed squarely at grassroots conservatives, was jointly written by three of the most influential Republican think tanks in Washington -- the Heritage Foundation, the American Enterprise Institute and the Foreign Policy Initiative. And like clockwork, the "percentage of GDP" nugget went from their pen to the GOP's well-oiled media machine.

For those who just don't have enough:

A gold and jewel bedazzled version of Monopoly worth $2 million is heading to Wall Street this Friday. That's not a metaphor.

Crafted by master jeweler Sidney Mobell and 22 years in the making, the set features dice with 42-cut diamonds and a photo-etched 18k gold board.

Krugman on the lack of property mortgage documents:

True to form, the Obama administration’s response has been to oppose any action that might upset the banks, like a temporary moratorium on foreclosures while some of the issues are resolved. Instead, it is asking the banks, very nicely, to behave better and clean up their act. I mean, that’s worked so well in the past, right?

The response from the right is, however, even worse. Republicans in Congress are lying low, but conservative commentators like those at The Wall Street Journal’s editorial page have come out dismissing the lack of proper documents as a triviality. In effect, they’re saying that if a bank says it owns your house, we should just take its word. To me, this evokes the days when noblemen felt free to take whatever they wanted, knowing that peasants had no standing in the courts. But then, I suspect that some people regard those as the good old days.

What should be happening? The excesses of the bubble years have created a legal morass, in which property rights are ill defined because nobody has proper documentation. And where no clear property rights exist, it’s the government’s job to create them.

That won’t be easy, but there are good ideas out there. For example, the Center for American Progress has proposed giving mortgage counselors and other public entities the power to modify troubled loans directly, with their judgment standing unless appealed by the mortgage servicer. This would do a lot to clarify matters and help extract us from the morass.

One thing is for sure: What we’re doing now isn’t working. And pretending that things are O.K. won’t convince anyone.

Why we don't trust banks....

Consumerist:

Banks Luring You Into Signing Back Up For High Overdraft Fees

Banks are mad they can't just automatically charge you a $35 overdraft anymore if you happen to try to buy a candy bar without enough cash in your account. Newly enacted legislation says they have to get you to opt-in to such overdraft programs. So, what they're doing is renaming the overdraft programs something else, making them sound awesome, and then blitzing your mailbox and inbox with up-sells. Some banks are even calling people up!

More of banks and their adventures.

Keep it up

Could you repeat that?

They really really really don't want to tell us anything ..... delay delay what was that? delay....

Banksters all.

Update: and they really aren't sorry for anything. I can see why... they played the game of Capitalism to the finish. They followed all the rules. And they won. They are sitting on everybody's money.

So why should they feel bad?

We're going to really miss Bill Moyers

Watch his latest interview:

As President Obama makes the case for strong financial reform, Bill Moyers sits down with veteran regulator William K. Black, who says Wall Street is already been breaking current rules.

The next war

Krugman:

So it’s the punks versus the plutocrats — those who want to rein in runaway banks, and bankers who want the freedom to put the economy at risk, freedom enhanced by the knowledge that taxpayers will bail them out in a crisis. Whatever they say, the fact is that people like Mr. Shelby are on the side of the plutocrats; the American people should be on the side of the punks, who are trying to protect their interests.

Being a punk sounds like much more fun than a plutocrat anyway..

Would this work for Congress?

Left-wing Rome politicians drop trousers in budget protest

Dodd could sure use the attention it would cause...

Blog sprinkles

Welcome in the Year of the Tiger! Cautiously...

Tengrain of Mock, Paper, Scissors remembers Presidents' Day.

Why words matter. (And why education matters... and why stupid people can be so easily manipulated....)

Speaking of manipulation, Wall Street is using reverse psychology and pretending to WANT regulation! So you will think voting against regulation will hurt the evil banksters! Which is what they want! Oh them cleverish evil doers!

That's why we need a Robin Hood Tax! (video is good, too.)

Via Steve Bates, the Christianists have decided to rewrite history from the school ground up.

Maybe losing their source for caffeine will finally wake up the climate change deniers.

It's clear the next logical step is to WiFi the ENTIRE WORLD!!

The banksters have really gotten out of hand. Bank forecloses on house that was paid for. With cash.

Rachel Maddow holds her own and hits Republican Rep. Schock with the truth. Very satisfying.

One way to deal with state debt? Cancel 12th grade!

The banksters still don't get it

As a massive human tragedy unfolds in Haiti, relief organizations are soliciting credit-card donations through their hotlines and websites. About 97 percent of these donations will actually make it to the designated organizations -- but the other 3 percent will be skimmed off by banks and credit card companies to cover their "transaction costs."

Thanks to this hidden fee, American banks and credit card companies are making huge profits -- somewhere in the neighborhood of $250 million a year -- off of people's charitable donations, according to a Huffington Post analysis.

Huffington Post updated to say American Express will rebate the money back to the charities.

But Jesus Christ, what are they thinking? What has happened to their humanity? Is it all greed, or a massive amount of stupidity?

More jobs, please

Paul Krugman of the New York Times:

But there’s also, I believe, a question of priorities. The Fed sprang into action when faced with the prospect of wrecked banks; it doesn’t seem equally concerned about the prospect of wrecked lives.

And that is what we’re talking about here. The kind of sustained high unemployment envisaged in the Fed’s own forecasts is a recipe for immense human suffering — millions of families losing their savings and their homes, millions of young Americans never getting their working lives properly started because there are no jobs available when they graduate. If we don’t get unemployment down soon, we’ll be paying the price for a generation.

So it’s time for the Fed to lose that complacency, shrug off that fatalism and start lending a hand to job creation.

Why do banksters get a hand and the economic engine of the country ... the middle class ... gets the finger?

The Guys from Government Sachs

Robert Scheer:

The people I want to know more about are the superrich who expect to be rewarded for their failures, like the folks at Goldman Sachs who will receive $16.71 billion in bonuses—an average of $530,000 per employee—this year after their company did as much as any to bring the world economy to the brink of disaster.

“The Guys from Government Sachs” is what The New York Times once called them in recognition of their chokehold on the federal government. Their power is marked by the two treasury secretaries who led the fight to legally enable and then reward Wall Street for its obscene excesses. Why wasn’t there a CNN stakeout at the homes of former Goldman-execs-turned-treasury-chiefs Robert Rubin and Henry Paulson aimed at finding out how they feel about the almost $7 billion profit that Goldman Sachs made in the last two quarters in the wake of the government’s bailout of the firm?

They were both deeply involved last fall, along with Rubin protégé and current Treasury Secretary Timothy Geithner, then head of the New York Fed, in saving Goldman as archrival Lehman Brothers was forced to go belly up. As opposed to Lehman, Goldman was allowed to change its status and become a commercial bank qualifying for Federal Reserve and TARP funding. Goldman received $10 billion in immediate bailout funds, and we are supposed to be grateful that the company has paid it back in return for an end to any pretense of government control over its executive compensation. The additional cool $12.9 billion that Goldman received from the government as a pass-through from the bailout of AIG to cover Goldman’s toxic paper is money the investment bank has no intention of ever paying back.

Read the rest. Nothing that you didn't know, but seeing it nicely condensed is always ... mindboggling.

Watch Bill Moyers tonight!

Arianna Huffington:

Bill Moyers' show is always illuminating, but tonight's is one that no one should miss. When I spoke to Bill yesterday he described it as "a moment of truth-telling that could ignite the public's passion for Wall Street reforms that have been strangled in the crib by the big banks and their bought-and-paid-for politicians."

Bankster bastards

Is this an example of why the gross stuff floats to the top of a sewage reclamation system?

Robert Scheer explains:

But for those of us less sophisticated in the ways of Wall Street, it is a surprise that Merrill Lynch executives were rewarded for failure at the same time Bank of America was using $45 billion in taxpayer funds to take over the brokerage house. Six hundred ninety-six executives who helped run Merrill into the ground were granted more than a million bucks each.

BofA lawyer Liman attempted to put an egalitarian spin on this government-sponsored welfare for the superrich by pointing out that all told, another 39,000 Merrill employees averaged only $91,000 in bonuses, but the judge wasn’t having it: “I’m glad you think that $91,000 is not a lot of money; I wish the average American was making $91,000.”

That’s the point; the average American is paying for the banking debacle not only in taxes for the bailout but with lost jobs and homes. Yet the SEC, which is supposed to be protecting the ordinary citizen’s interests, decided to give BofA execs a bye. The question is why Bank of America and Merrill failed to inform their shareholders that such payoffs were part of the deal. The details of the bonuses were known to BofA CEO Kenneth Lewis and other top bank executives but not mentioned in the merger agreement or proxy statements sent to the company’s shareholders for approval.

And the smackdown:

As Judge Rakoff concluded, Bank of America and Merrill Lynch had not only “effectively lied to their shareholders” but the money to finance their bonus scam had come “from Uncle Sam.”

Thank you, your honor.