LOOK OUT DENVER! There was no birthday cake this year for Occupy Denver, though the second annual #S17 OWS anniversary celebration did not go unmarked. Subgroup offshoots of Denver’s notorietous Occupy deployed themselves with the usual rowdy spirit. Denver Homeless Out Loud, advocates for the homeless where traditional “advocate” kapos leave off, defied the city’s no-sleep no-shelter ordinance by setting up tents on the eve of S17. Police kept the activists awake all night and forbid them to enter the tents, but the encampment hung on until morning for a scheduled solidarity action. At noon Colorado Foreclosure Resistance picketed the offices of Castle Law Group, responsible for 90% of the state’s foreclosures. Occupiers moved on to protest the Westin’s Palm Restaurant (Boycott the Palm) for its stand on criminalizing Denver’s poor. Other Occupiers couldn’t join in because they were in Boulder organizing Occupy Flood Relief. Armed with megaphones, drums, the capability to mobilize at often a moment’s notice, and an attenuation level pegged at disruptive, Occupy Denver acts every bit its age, prepare for it Denver, a year of the terrible twos. Happy Birthday Occupy!
Tag Archives: foreclosures
Tea Partying with the Freak Brothers
Whew! These Occupy posts are far more difficult to pry from myself than their predecessors; the hands-on mechanics of putting the earlier stuff into practice in the present world, amongst the isolated pools of individuated consciousness we humans represent, each with his or her own vision of the whole, has been at the very least disorienting. I’ve lately revived an old motto i swiped from the good people at Oat Willie’s down in Austin, Texas: Onward Through the Fog! How odd is it that i’ve recently connected with some folks that hark back to that place in ways that are deeply surreal. Oat Willie’s and Fat Freddie will seem to be completely out of place in this bit, in which i mean to address the notion of cooperation amongst disparate factions, but not permanently i hope. By the end of this post, i hope to connect Occupy, The Tea Party, disparate passions, and yes, Hippies. It will be necessary to engage in some relatively surreal thinking.
Last night on a new Facebook page, “UNITE: OCCUPY,” (cap lock and all), i got into a conversation about this stuff started by a guy that asked whether anyone thought a joint event between Occupiers and Tea Partiers might be possible. Sure, i said, our Colorado Springs group had lots of Tea Partiers among its earliest enthusiasts, and although many have pulled away, there still exists a close association with many that veer sharply toward the Te Party camp, especially among Ron Paul supporters. The common ground Occupy shares with the Tea Party, at least t a grass root level, is substantial. There can be no doubt of the equally substantial differences. I suspect that it would take some pretty serious ideological barnstorming to bring the two camps together, but nothing prevents the groups from at least tentative discussion to find commonalities.
Tonight our Occupy group staged a talk by Tea Party stalwart, Constitutionalist Mike Holler. Mike seemed for all appearances to be an earnest and well-versed supporter of Constitutional “fundamentalism,” if you will. He peppered his talk with lots of my favorite quotes from my favorite founding fathers. He got a little testy about the revisionist history his kids bring home from college early on–perhaps indicative of one point of separation between Occupiers and Tea Partiers. Some of those are important. Occupy is international, where the Tea Party can display degrees of jingoism. I, personally, respect the earnest efforts of our Enlightenment founders, but recognize that they were flawed, and aver that their document was dated by racist, sexist, and elitist provisions and thinking that they might be excused from by noting their temporal milieu. We don’t have the same luxury. Occupy is legitimately grass root, supported by sweat and blood more than funded, where TP is, or at least became very quickly corporately funded “astroturf,” disingenuously proffering libertarian ideals as a smoke screen for corporate license to plunder. Occupiers are in my experience far more diverse than Tea Partiers. Socialist and Anarchist Occupiers are common, as are assorted races, genders, orientations, and religious persuasions, where Tea Partiers seem to my limited observation to be relatively homogeneously white Christian capitalist patriots. Mike interjected that both groups had been misrepresented by the media, and that seems likely to be so given that mainstream media seems content to misrepresent ’bout anything they report in this country, but Fox news and the rabid right like the Tea Party so much i have to wonder if he’s fallen victim to a personal soft spot.
Mike spoke eloquently enough in his effort to simplify the Constitution, focusing on issues of freedom, and state’s rights. He said very little with which i could find disagreement. He pointed out two major points of confluence between Occupy and the Tea Party–personal liberty, and a rally-cry, “No more Bailouts!” I suspect he fastidiously avoided some points he knew or at least feared might be contentious, like for example the ludicrous assertions i’ve heard often that environmental warnings from the scientific community stem from some kind of Satanic control scheme from the–well just whom is never too clear. The Vatican or something. Commies, i guess. That just maybe the best way for Tea Partiers and Occupiers to interact, though, for now, concentrating on the common aversion to what amounts to Fascism. Interacting from that perspective could exclude much conversation. It could put the Tea Party in the same position as the Occupy movement, after their Fascist sponsors withdraw in horror. Whatever. We Occupiers got on just fine with Tea Party Mike–“Mr. Constitution.”
Mike largely expressed notions we Occupiers could embrace. I suppose he could have done a bit of research and tailored his speech toward that end, but i think we just agree; he seemed a grassroot kind of guy, to me. He briefly alluded to schisms within the Tea Party, and there’s no sensible reason to avoid acknowledging the same within Occupy. Last night’s event was attended by Occupy people that have had such extreme altercations in their attempts to wrestle a semblance of ideological unity from a stubbornly liquid platform that it could easily enough have disintegrated into bedlam. I attended with my dear friend Thomas, with whom i often disagree. In fact, he and i often disagree so strongly that sometimes i feel like smacking him in back of the head. I expect he feels the same way about me at times. Maybe much of the time. Take note, war-mongers of the world: Thomas is a great guy, and even though we disagree with one another, sometimes strongly, neither of us has smacked the other in back of the head. Get it?
So here we were last night, disparate Occupiers engaging a Tea Party mouthpiece in a room full of people that have all experienced the vagaries of human interaction under a fairly pressurized circumstance over the past few months. No butterflies fluttered around the room, but no one worked up a bickering session, either. We worked together. All of us. One could recall the old adage that “The enemy of my enemy is my friend,” but that would be devolution. I prefer to imagine that those with arguments present recognized the futility of scrapping amongst friends, if only below the radar of their Egos. Whether my nobler hopes for those pained souls in the room last night are valid or not, the assertions i made in these non-pages well before Occupy began remain true. The system we wrestle against is collapsing around our heads. And the solution is spiritual, to a far greater extent than it is temporal.
Fat Freddy is a comic book character that lives in Denver. Seriously. I met him a little while ago. (This only seems out of place, i promise.) Mr. Constitution Mike Holler expressed the opinion last night that our American republic, our constitutional federation of states, is in its final throes; that we are in a position where, ” it’s too late to save the country, but too early to start shooting.” Mike seemed tentative in expressing his hope that God might pull some kind of supernatural rabbit from his celestial hat to resolve our monumental national woes. I expect he feared perturbing the often non-Christian sensibilities of the Occupiers. He needn’t have worried quite so much–we may be largely skeptical of literal interpretations, but we’re pretty tolerant of that sort of thing. When i met Fat Freddy–an icon of counter-cultural activism important to me since childhood, an old-school Hippie with connection to the most famous and infamous of that crowd–he singled me out and pulled me aside to explain in some detail his expectation for a spiritual upheaval in coming days. Freddy’s taken up with the Urantia Book, a tome i’ve heard Christians disparage as devilish. I couldn’t see anything devilish about what he showed me. He earnestly explained his expectation for resolution. Soon.
We had come to Denver to talk about foreclosures and bank jiggery-pokery with another guy, and pulled up at Freddy’s house without knowing it. It just happened that way. These old Hippies like Tea Party fave, Ron Paul. (Follow along, now, i know it’s weird, and yeah, i know a lot of Occupiers don’t like Paul; i’m not sure about him myself). Also in attendance at that meeting was a woman i had been conversing with on line for quite a while in the context of Occupy. It took me nearly through the whole meeting to recognize her, because i knew her to live down in the Four Corners neighborhood of Colorado. She lives at Freddy’s now. This juxtaposition is so weird that now i’m expecting the Mad Hatter, or Lewis Carroll himself to pop up at some meeting quoting from Jabberwocky. Mike Holler holds out for resolution to the country’s woes in a traditional Christian context. My own suspicion, shared with J.B.S. Haldane, is that the Universe is not only queerer than we suppose, but queerer than we can suppose. But somewhere in the mix i am convinced that some divine Thing many of us think of as God is deeply interested in the little proceedings here on our little blue marble and that our interactions are subsequently and necessarily thus influenced.
We live right here. We have no choice but to manage things on a coarse, physical level; but we also live, i think, on an overlapping and less tangible plane, where we have more influence than we might ordinarily imagine. At the same time, things seem to occur herethere without our conscious direction. We’ll need to keep plugging away at things like grasping the Constitution, and taking on massive, quixotic quests like fighting banks and a world full of renegade, intransigent governments and power brokers, not to mention our own internal battles, as finely defined as within our own Souls. We’ll need to recognize the Truth in one another, even when it’s obscured by a bunch of worldly disagreement and fog. And so far as i can tell, were learning. Whatever that means.
Reprinted from hipgnosis.
HR-3962 a travesty of mockery of sham
While a number of Democrats implicated themselves by joining all but one Republican to vote against the Affordable Health Care for America Act, let’s make a distinction for Representative Dennis Kucinich who had reasons the other congressmen are not prepared to articulate. For example, Colorado District 4 house rep Betsy Markey rejected HR-3962 for the usual GOP tea party bugaboos, asserting it would hurt the deficit and didn’t include tort reform. Below is the statement Kucinich released Nov 7. Chew on this, as Dems pat themselves on the back.
Why I Voted NO
We have been led to believe that we must make our health care choices only within the current structure of a predatory, for-profit insurance system which makes money not providing health care. We cannot fault the insurance companies for being what they are. But we can fault legislation in which the government incentivizes the perpetuation, indeed the strengthening, of the for-profit health insurance industry, the very source of the problem. When health insurance companies deny care or raise premiums, co-pays and deductibles they are simply trying to make a profit. That is our system.
Clearly, the insurance companies are the problem, not the solution. They are driving up the cost of health care. Because their massive bureaucracy avoids paying bills so effectively, they force hospitals and doctors to hire their own bureaucracy to fight the insurance companies to avoid getting stuck with an unfair share of the bills. The result is that since 1970, the number of physicians has increased by less than 200% while the number of administrators has increased by 3000%. It is no wonder that 31 cents of every health care dollar goes to administrative costs, not toward providing care. Even those with insurance are at risk. The single biggest cause of bankruptcies in the U.S. is health insurance policies that do not cover you when you get sick.
But instead of working toward the elimination of for-profit insurance, H.R. 3962 would put the government in the role of accelerating the privatization of health care. In H.R. 3962, the government is requiring at least 21 million Americans to buy private health insurance from the very industry that causes costs to be so high, which will result in at least $70 billion in new annual revenue, much of which is coming from taxpayers. This inevitably will lead to even more costs, more subsidies, and higher profits for insurance companies — a bailout under a blue cross.
By incurring only a new requirement to cover pre-existing conditions, a weakened public option, and a few other important but limited concessions, the health insurance companies are getting quite a deal. The Center for American Progress’ blog, Think Progress, states “since the President signaled that he is backing away from the public option, health insurance stocks have been on the rise.” Similarly, healthcare stocks rallied when Senator Max Baucus introduced a bill without a public option. Bloomberg reports that Curtis Lane, a prominent health industry investor, predicted a few weeks ago that “money will start flowing in again” to health insurance stocks after passage of the legislation. Investors.com last month reported that pharmacy benefit managers share prices are hitting all-time highs, with the only industry worry that the Administration would reverse its decision not to negotiate Medicare Part D drug prices, leaving in place a Bush Administration policy.
During the debate, when the interests of insurance companies would have been effectively challenged, that challenge was turned back. The “robust public option” which would have offered a modicum of competition to a monopolistic industry was whittled down from an initial potential enrollment of 129 million Americans to 6 million. An amendment which would have protected the rights of states to pursue single-payer health care was stripped from the bill at the request of the Administration. Looking ahead, we cringe at the prospect of even greater favors for insurance companies.
Recent rises in unemployment indicate a widening separation between the finance economy and the real economy. The finance economy considers the health of Wall Street, rising corporate profits, and banks’ hoarding of cash, much of it from taxpayers, as sign of an economic recovery. However in the real economy — in which most Americans live — the recession is not over. Rising unemployment, business failures, bankruptcies and foreclosures are still hammering Main Street.
This health care bill continues the redistribution of wealth to Wall Street at the expense of America’s manufacturing and service economies which suffer from costs other countries do not have to bear, especially the cost of health care. America continues to stand out among all industrialized nations for its privatized health care system. As a result, we are less competitive in steel, automotive, aerospace and shipping while other countries subsidize their exports in these areas through socializing the cost of health care.
Notwithstanding the fate of H.R. 3962, America will someday come to recognize the broad social and economic benefits of a not-for-profit, single-payer health care system, which is good for the American people and good for America’s businesses, with of course the notable exceptions being insurance and pharmaceuticals.
Ground Zero for The Empire’s Collapse- Depository Trust & Clearing Corporation?
The Depository Trust & Clearing Corporation or DTCC is possibly Ground Zero for the US Empire’s potential coming economic collapse, because it is the primary and dominant insuring company that guarantees pay outs for those who hold junk stocks, if they go belly up.
‘DTCC’s DTC depository provides custody and asset servicing for 3.5 million securities issues, comprised mostly of stocks and bonds, from the United States and 110 other countries and territories, valued at $40 trillion, more than any other depository in the world. In 2007, DTCC settled the vast majority of securities transactions in the United States, more than $1.86 quadrillion in value.’ Taken from wikipedia’s DTCC entry
Looking to see who is in charge at DTCC? Nice group of pics, right? Nice people I’m sure… lol… Good patriotic Americans and what all.
The DTCC history show 2 events that pushed this corporate outfit to the head. One was Bill Clinton’s deregulation of securities signed into law in 2000 at the end of his presidency, and the other was 9/11.
9/11 effectively was the death blow to paper securities, and DTCC was right there offering electronic securities instead. Here at DTCC’s site one finds this brief explanation of No More Paper: The Problems with Paper …see below
Q. I have heard that many securities were lost on 9/11. Is that true?
A. Yes, although they were eventually all replaced. Some $16 billion worth of certificates disappeared in the collapse of the World Trade Center towers on 9/11, and it took many months and nearly $300 million in industry costs to replace them. During this period, electronic records were used to ensure the owners of the securities could be identified. Meanwhile, shares held electronically were not harmed at all on 9/11.
OK, that’s nice…. And here, written in 1999 about the Clinton Administration’s proposed financial deregulation of that year that then later allowed the rise of even more speculative securities and the eventual domination of DTCC over the securities market, is the following…
***Threat to financial stability***
The proposed deregulation will increase the degree of monopolization in finance and worsen the position of consumers in relation to creditors. Even more significant is its impact on the overall stability of US and world capitalism. The bill ties the banking system and the insurance industry even more directly to the volatile US stock market, virtually guaranteeing that any significant plunge on Wall Street will have an immediate and catastrophic impact throughout the US financial system.
The Glass-Steagall Act of 1933, which the deregulation bill would repeal, was not adopted to protect consumers, although one of its most celebrated provisions was the establishment of the Federal Deposit Insurance Corporation, which guarantees bank deposits of up to $100,000. The law was enacted during the first 100 days of the Roosevelt administration to rescue a banking system which had collapsed, wiping out the life savings of millions of working people, and threatening to bring the profit system to a complete standstill.
As a recent history of that era notes: “The more than five thousand bank failures between the Crash and the New Deal’s rescue operation in March 1933 wiped out some $7 billion in depositors’ money. Accelerating foreclosures on defaulted home mortgages—150,000 homeowners lost their property in 1930, 200,000 in 1931, 250,000 in 1932—stripped millions of people of both shelter and life savings at a single stroke and menaced the balance sheets of thousands of surviving banks” (David Kennedy, Freedom from Fear, Oxford University Press, 1999, pp. 162-63).
The separation of banking and the stock exchange was ordered in response to revelations of the gross corruption and manipulation of the market by giant banking houses, above all the House of Morgan, which organized huge corporate mergers for its own profit and awarded preferential access to share issues to favored politicians and businessmen. Such insider trading played a major role in the speculative boom which preceded the 1929 crash.
Over the past 20 years the restrictions imposed by Glass-Steagall have been gradually relaxed under pressure from the banks, which sought more profitable outlets for their capital, especially in the booming stock market, and which complained that foreign competitors suffered no such limitations to their financial operations. In 1990 the Federal Reserve Board first permitted a bank (J.P. Morgan) to sell stock through a subsidiary, although stock market operations were limited to 10 percent of the company’s total revenue. In 1996 this ceiling was lifted to 25 percent. Now it will be abolished.
The Wall Street Journal celebrated the agreement to end such restrictions with an editorial declaring that the banks had been unfairly scapegoated for the Great Depression. The headline of one Journal article detailing the impact of the proposed law declared, “Finally, 1929 Begins to Fade.”
This comment underscores the greatest irony in the banking deregulation bill. Legislation first adopted to save American capitalism from the consequences of the 1929 Wall Street Crash is being abolished just at the point where the conditions are emerging for an even greater speculative financial collapse. The enormous volatility in the stock exchange in recent months has been accompanied by repeated warnings that stocks are grossly overvalued, with some computer and Internet stocks selling at prices 100 times earnings or even greater.
And there is a much more recent experience than 1929 to serve as a cautionary tale. A financial deregulation bill was passed in the early 1980s under the Reagan administration, lifting many restrictions on the activities of savings and loan associations, which had previously been limited primarily to the home-loan market. The result was an orgy of speculation, profiteering and outright plundering of assets, culminating in collapse and the biggest financial bailout in US history, costing the federal government more than $500 billion. The repetition of such events in the much larger banking and securities markets would be beyond the scope of any federal bailout.
The complete article published back in 1999 at Clinton, Republicans agree to deregulation of US financial system Almost a totally prophetic article, as it turns out. So now we wait and see if all the government money thrown at these financial pirates…YES, financial pirates…’works’? Will it be capable of floating all this junk held insured by DTCC?
How are police an economic stimulus?
A first application of stimulus funds went to rescue law enforcement jobs in Ohio. Barack Obama was on hand to herald their taking the oath. Are you wondering how policemen meet the criteria used to justify taxpayer monies supposed to stimulate growth and common wealth?
Aside from the obvious, raising income for municipal entities, through fees, court costs, and social services. More action for the penal system, much of that already a growing private sector.
There would also be the police function of assuring stability, which encourages confidence in business investment. Or is that getting ahead of our recovery narrative?
More police anticipates America’s rising unemployment, and rising unrest. When the public faces repossessions, foreclosures, padlocked factories, and a drastic reduction in the supply of even the basic needs, local police departments are going to be the front line government service to teach the “tough love.”
Nonviolent vigils will be death of Gazans
GAZA PROTESTS PROLIFERATE! Demonstrators are occupying Israeli consulates, storming embassies, harassing pro-Israeli rallies, and spilling blood on Zionist memorials. Not that anything is working so far. Meanwhile, in non-stories for the press, the usual non-confrontational passivists are lighting candles in memory of the slain. Are they anticipating, in their non-violent wisdom, the eminent extinction of the Palestinians of Gaza? Pacifists seem more comfortable to commemorate the ideological sacrifice of martyrs sooner than advocate for the survival of the endangered.
Others are not content to mourn Zionism’s ultimate triumph. Here’s the best analysis yet I’ve encountered for antiwar strategists.
In Caracas, the protests have the support of the state. Venezuelan president Chavez expelled the Israeli Ambassador and called his nation’s Jews to repudiate Israel’s inhumanity in Gaza:
“Now I hope that the Venezuelan Jewish community speaks out against this barbarism. Do it. Don’t you strongly reject all acts of persecution?”
Here is the Free Palestine Alliance statement released January 9, 2008:
The Massacre Intensifies:
As we prepare this thirteenth FPA statement, the Zionist army was continuing what it does best the wholesale slaughter of children and unarmed civilians. As would be expected of the current state of affairs of the US-controlled international scene, the massacre of the Palestinian people in the Gaza Strip is continuing despite yesterday’s feeble UN Security Council resolution that calls for Israel to immediately stop its attack. Actually, the US-Zionist leadership went the other way — more and more attacks. The Israeli Zionist army was given additional orders to escalate the conquest as it enters into a third phase of obliteration. Simultaneously as the Israeli cabinet was giving orders for a higher kill and destruction ratio, the US Senate was not going to be outdone by Zionists. It had to add to its long and shameful record. So it secretly issued a fast-tracked resolution fully supporting the ongoing massacre and giving Israel the needed cover. We ask, is this Senate resolution in the best interest of the people of the US?
But is it not the legacy and norm of the US-Israeli alliance to discard the will of the people of the US and the world. Is it not their norm to discard any and all UN resolutions that may remotely disagree with their strategic plans? The examples are far too many to list, including both UN General Assembly and Security Council resolutions dating as far back as 1947.
Yesterday’s UN resolution was approved by 14 of the 15 nations that currently sit on the Security Council, with the US abstaining. As would be expected, the resolution did not address the deadly siege that has been imposed on the Palestinian people in the Gaza Strip, nor did it condemn outright the fascistic actions of the Zionist polity.
Sadly, Palestinian victims have now reached at least 800 murdered and more than 3,300 injured. And these numbers are certain to climb substantially. Yesterday alone, fifty Palestinians were found murdered under their destroyed homes, some with their bodies already beginning to decompose. The Red Cross reported finding 4 near-death children slumped near and over their decomposing dead mothers. These children, like many others, were reported by the Red Cross to have been left without rescue in starvation and thirst for four full days around their killed mothers due to attacks on rescue workers.
On the very same day the UN Security Council resolution was issued, the United Nations Relief and Works Agency (UNRWA) that serves approximately 800,000 Palestinian refugees in the Gaza Strip decided that it was forced to fully halt its services. This decision came following the killing of one of UNRWA’s truck drivers, and due to the extreme conditions imposed by the Zionist army on relief workers. The UNRWA also strongly condemned the Israeli cover-up used to justify the bombardment of the Al-Fakhoura school that murdered and injured over 100 children and their parents.
Come Out in Force Tomorrow:
The people of the US have a moral obligation to turn out in massive numbers tomorrow, Saturday, from Washington, DC to San Francisco, Los Angeles and in between, to send a clear message that this campaign of murder must stop at once. In DC, we will be right there to send a message to the Bush administration, the incoming Barak administration, and to the entire US Congress. In San Francisco, where the United Nations took its first founding steps, we can highlight the charade of UN resolutions and international diplomacy, pointing to the double standards and outright racist behavior of the US and its allies. In Los Angeles and all other cities and towns, we can and must mobilize to join in protest in the largest possible numbers. This is the time to stand for what is moral and just. We cannot continue funding Israel while the people of the US are in dire need for funds right here to rescue homes and towns from collapse.
Rather than pay for the destruction of the Gaza Strip, let us pay for the construction of roadways, parks, and schools.
Rather than destroy thousands of Palestinian homes, let us fix the collapsing housing market and keep people in their own homes.
Rather than send more people homeless, let us protect folks from evictions and foreclosures.
Rather than kill doctors, nurses, and relief workers, let us build hospitals and provide health care to the millions without it.
This is our time to let Obama know that he could very easily stimulate both the economy and the morality of the US by stopping all funds used to kill babies and their mothers. Instead, we can invest these same funds in the education and upbringing of millions of impoverished children, right here in the US.
This is indeed our time, folks, and we must come out to lead the US Congress and administrations to the moral high ground. The interest of the US and its people is best served by supporting the construction of US infrastructure, housing, schools, hospitals, and by creating jobs at a living wage. Rather than kill Arab unionists, let us support strengthening unions and their demand for a respectable life and wages.
This is our time to show that Palestine is but a symbol for ALL just struggles. Struggles we all wage every day in various forms. The massacre against the Palestinian people should focus a very bright spotlight on what is wrong with US policies: US tax dollars are being sent to the Israeli army under US diplomatic cover, and are being used to boost corporations that manufacture military hardware, to conquer and destroy countries like Iraq and Afghanistan, rather than rescuing a failing nation from its impending economic depression.
Signs of Defeat:
We regard the UN Security Council Resolution as a fig leaf void of legitimacy. For one thing, it came 13 days following the massacre, and after more than 4,100 Palestinian casualties between killed and injured. It appears that key power-brokers at the UN had hoped that by waiting long enough (13 days) without action, the Zionists could in fact secure a political and military victory.
While the resolution attempts to provide a diplomatic cover for the Israelis and the US as a way out of their unattainable goals, it is nonetheless a clear indication that the ongoing conquest is unable to achieve any Zionist political gain. In fact, politically speaking, the US-Zionist-Arab regime tripartite axis is only achieving the very opposite of what they had intended through this massacre: (1) the Palestinians have achieved massive international, Arab, and Palestinian support; (2) the possibility for appointing a client regime in the Gaza Strip is non-existent; (3) the sustenance of the Abbas PA in its current formation has become very uncertain; and (4) the little legitimacy some Arab regimes have is that much more diminished.
To the extreme dismay of the US and Zionist leaders, the UN resolution demands an immediate stop to the attacks and the opening of all crossings; and it opens the gates for humanitarian aid. Hence, rejected by the Zionist leadership at once. Due to the weight of the pressure on US Arab allies, who could not under any circumstance return home empty-handed, the US had no choice but to abstain rather than give its usual veto — a way to give the US-supported despots a piece of paper to wave in the face of a sea of millions and millions in protest everywhere. Ironically, the gravity of the massacre made a full circle, compromising the stability of the alliance that is responsible for its implementation. The more violent the attack, the more stubborn the resistance, the more widespread the support, and the weaker the grip of despotic regimes.
Let us join the millions who have taken to the streets thus far, including today, in thousands of towns and cities in the world. There are those who are volunteering as doctors, nurses, and rescue workers, with many already killed and injured; there are those who are giving blood to hospitals and to the Red Cross and Red Crescent; those who are protesting; many are writing, painting, dancing and singing for freedom and liberation; and there are those who are holding sit-ins, and those who are giving flowers of appreciation to the Venezuelan government for their principled stance. All are out, and all are outraged.
Come and join!
Take your stand and come out tomorrow. Make it known that this massacre cannot continue!
All Out in Solidarity with the Palestinian People!
The Free Palestine Alliance
January 9, 2009
And this report from A.N.S.W.E.R. about Sunday’s march on DC:
From Washington, DC to San Francisco, Los Angeles, and Worldwide–Hundreds of Thousands March to Let Gaza Live!
On Sat., Jan. 10, hundreds of cities, and hundreds of thousands of people, responded to the call for an International Day of Emergency Action to support the people of Gaza. Outside the United States, marches took place in London, Edinburgh, Cairo, Athens, Kuala Lumpur, Beirut, Seoul, Mexico City, Jakarta, Montreal, Paris, Barcelona, Marseilles, Lyon, Oslo, Berlin, Bern, Karachi, Nablus, New Delhi, Amman, Sarajevo, Ramallah, Stockholm, and Tokyo. The protests continue to grow — today, another 250,000 took to the streets in Spain and more than 100,000 in Algeria.
In the U.S., the Day of Action was initiated on just one week’s notice by a call from the ANSWER Coalition, Muslim American Society Freedom, Free Palestine Alliance, National Council of Arab Americans, and Al-Awda – International Palestine Right to Return Coalition. In Washington DC, over 20,000 took to the streets in the freezing rain to demand, “Let Gaza Live!” The streets were so backed up that thousands of people in buses and cars were still arriving after the march had left Lafayette Park.
The demonstration began with a rally at the White House. Featured speakers included former Congresswoman Cynthia McKinney, who was just on a humanitarian relief mission attempting to bring supplies to Gaza when the boat she was on was intentionally struck by an Israeli military vessel; Mahdi Bray, Executive Director, Muslim American Society Freedom; Rev. Graylan Hagler, National President of Ministers for Racial, Social and Economic Justice; Mounzer Sleiman, Vice Chairman, National Council of Arab Americans; Ralph Nader; Paul Zulkowitz, Jews Against the Occupation; Brian Becker, National Coordinator, ANSWER Coalition; Mara Verheyden-Hilliard, attorney and co-founder, Partnership for Civil Justice; and others.
The spirited march then led to the Washington Post, where demonstrators denounced the paper for its biased pro-Israeli coverage of the massacre and its complete blackout of protest activities in the United States.
In San Francisco, 10,000 took part in the march and rally. The rally included a huge outpouring from the local Arab community, and energetic participation from Bay Area youth.
A crowd of 2000 demonstrators confronted a heavy police presence in downtown Orlando for the “Let Gaza Live: Florida Statewide March for Palestine” called by Act Now to Stop War and End Racism Coalition/Florida—just six days prior. The demonstration is the largest anti-war demonstration in Florida in more than a decade and certainly the largest ever protest in Florida calling for a free Palestine. Police tried to intimidate marchers by initially searching all bags, forcing protesters to remove sticks from signs, and denying the use of amplified sound. Organizers and protesters challenged and pushed back their unwarranted scare tactics, and the protest turned out to be a powerful success.
In Los Angeles, 10,000 people participated in a regional mass march and rally to “Let Gaza Live” at the Westwood Federal Building. Hundreds of Palestinian flags and signs reading “Stop bombing Gaza!” and “The real terrorists: U.S./Israel war machine!” lined all sides of the street and the lawn in front of the federal government headquarters. It was the largest protest and the first major march in Southern California since the Israeli bombing campaign and invasion began.
A funeral procession led the march with makeshift coffins draped with Palestinian flags, representing the hundreds of people killed by Israel’s genocidal attack on Gaza. Hundreds of children followed, along with a huge, hand-made Palestinian flag, in a contingent organized by the Palestinian American Women’s Association.
The worldwide movement is continuing to grow with more protests today, Jan. 11. There will be countless other actions in the days to come. Today in New York City, the police carried out a violent assault against those marching in mid-town Manhattan in support of the people of Palestine. A number of people were injured and arrested.
With the support of the United States, the Israeli military machine has expanded its invasion into urban areas of Gaza. The death toll among Palestinians is now nearly 900, with many thousands wounded. The injured and hungry of Gaza have no relief. We must do everything in our power to deepen and broaden this movement in the coming days.
Colorization of the Grapes of Wrath
I think it’s time to colorize The Grapes of Wrath. And I don’t mean the Turner Classics process exactly. It may help to dumb down the artistic contrast of the black & white for a contemporary audience palate of splashy Disneycolor, but how about trying to make Steinbeck’s theme more accessible to today’s spoon-fed viewers? Let’s colorize the skin of the poor migrant workers to reflect the inhumanly-treated populations of today’s displaced im-migrants of color.
I can’t remember where I come down on colorizing the old movies. No one’s insisted on infusing CMYK into Ansel Adams or Picasso’s sketchbook, why are masterpieces filmed in black and white supposed to be pigment deficient? We don’t presume to dub dialog over the silent movies made before the age of the talkies. As yet. Of course, Ted Turner was concerned for reviving interest in old intellectual properties, many of which were already in-artful. And perhaps his salesmanship maneuver has been proven effective. When my family sat down to watch Grapes of Wrath, the grey image tuned a number of youthful eyes away.
Like Dorothea Lange’s famous photographs, John Ford’s film depicted disadvantaged Okies with whom the American audience could identify. We may not know what it feels like to be forced off our homes, but how the families cope with the hardship, we all can recognize. I’m curious how the film was received by Californians in 1940, coming less than ten years after the original plague of destitute Oklahoma refugees. How would the characters have faired with our sympathies if they had been played as coarse hillbilly Crackers with guns and a poor person’s chip-on-the-shoulder desperation?
The poor protagonists of The Grapes of Wrath were weakened skinny po-folk, who staked their relief on the strength of a single hopeful job listing flyer, who protested their oppression without resorting to violence, and who accepted hardship as their lot. Seeing into their daily lives, viewers were shown a dignified, earnest people who treated others with respect and compassion. Antagonist characters in the film were less charitable, taking advantage of the hard-luck migrants with guile, violence and authority. People into which the Oklahoma refugees traveled, New Mexico, Arizona and California, treated the migrants like vermin. Even as onlookers might express admiration for the Okies’ determination to cross Death Valley, the better fed Californians held them in disdain for not knowing enough to be in such a predicament. The Okies were blamed for their own poverty. They threatened to burden everyone’s already depleting resources. Only the viewers understood the unfair actions which had landed the otherwise self-sufficient sharecroppers to have to leave their livelihoods.
The circumstances of the Dust Bowl cum great depression era forced removal of the small Oklahoma farmers is eerily familiar to today’s economy and its foreclosures. Homesteaders find themselves made homeless, as a consequence of business decisions between corporations, banks and regulators. The Oklahoma farmers wanted to point their shotguns to warn the financial disruptors from their land, but found the conduits of the dirty work were their own neighbors and relatives. Everyone was merely following orders from someone higher up. That the system could be at fault, left the victims with no clear recourse.
Here’s the classic eviction exchange.
THE MAN
I can’t help that. All I know is I got my orders.
They told me to tell you you got to get off,
and that’s what I’m telling you.MULEY
You mean get off my own land?THE MAN
Now don’t go blaming me. It ain’t *my* fault.SON
Whose fault is it?THE MAN
You know who owns the land–the Shawnee Land and Cattle Company.MULEY
Who’s the Shawnee Land and Cattle Comp’ny?THE MAN
It ain’t nobody. It’s a company.SON
They got a pres’dent, ain’t they?
They got somebody that knows what a shotgun’s for, ain’t they?THE MAN
But it ain’t *his* fault, because the *bank* tells him what to do.SON
All right. Where’s the bank?THE MAN
Tulsa. But what’s the use of picking on him?
He ain’t anything but the manager, and half crazy hisself,
trying to keep up with his orders from the east!MULEY
Then who *do* we shoot?THE MAN
Brother, I don’t know. If I did I’d tell you.
But I just don’t know *who’s* to blame!
There was a lot more in The Grapes of Wrath which could inform a modern world view. The dreaded “Cats” for example. These were the Caterpillar tractors which were shown ravaging the land like locusts, arriving to demolish the houses of the reluctant dispossessed. Bulldozers are still used for that function today. In fact, Caterpillar manufactures armored versions to deploy in war zones for the destruction of houses. Palestinians have shown to be less reluctant than the poor Okies about trying to shoot the bulldozer drivers who are taking aim at their homes. Israel is expanding its settlements in Palestine with the aid of Caterpillar tractors which clear the land of its recalcitrant invadees.
Likewise, the union busting strategies portrayed in Grapes of Wrath are the same used today. Police officers are called in when work supervisors encounter workers who show too much skepticism for the employer’s scam. Troublemakers are arrested lest the workforce succeed in organizing itself. Instigators are paid to infiltrate a social event and start a fight, to give law enforcement the excuse to break in and make its calculated arrests. Casual viewers may think the famous 1939 film depicts a bygone age. Not at all.
Director John Ford made sure that the Okie migrants were deathly skinny, while everyone else, from gas station attendants to deputized union-busters, was immaculately dressed and well fed. But the audience could identify with both sides, because both were white. Imagine if the displaced peoples were not the same color.
Today’s migrant workers are hispanic. They are illegal immigrants, just like Okies passing through the Arizona checkpoint in Steinbeck’s novel.
GUARD
Where you going?TOM
California.GUARD
How long you plan to be in Arizona?TOM
No longer’n we can get acrost her.GUARD
Got any plants?TOM
No plants.GUARD
Okay. Go ahead, but you better keep movin’.
Could a modern audience appreciate the travails of a Mexican family in an exact same predicament? Mexican farmers have been forced from their land in an even less polite manner today. They have similar claim to their homesteads, some of them even have indigenous claims. But American and Mexican corporate interests have been forcing the Mexicans to flee. The migration north is not about seeking fortune; picking lettuce it most certainly is not. The work our illegal immigrants are willing to do is out of desperation and subsistence. Corporate America reserves our agricultural work for migrants because it’s cheaper. Otherwise American citizens have devised unions to ensure that workers are paid an honorable wage. Exploitation of the illegal immigrant is simply a bypass of decent labor practices meant to protect everyone.
In selfish, protectionist terms, hiring illegal immigrants undermines the strength of unionized labor. Ultimately the exploitation of others dehumanizes us all.
I wish Americans could see The Grapes of Wrath as a projection of the ongoing injustices suffered by all exploited migrants. As well-fed American citizens leading prosperous lives, wouldn’t it be our responsibility to help the victims of our system? Instead, we are those cold-hearted leather-jacketed Californians herding them into lives of slow death by hard labor and starvation.
The Grapes of Wrath offered a strong Socialist message, disguised in a protagonist who did not yet have all the answers. Before setting out to light the way, Henry Fonda’s character says this to his mom:
TOM
…maybe I can do sump’n. Maybe I can jus’ fin’ out sump’n.
Jus’ scrounge aroun’ an’ try to fin’ out what it is that’s wrong,
an then see if they ain’t sump’n could be done about it.
But I ain’t thought it out clear, Ma. I can’t.
I don’t know enough.MA
How’m I gonna know ’bout you?
They might kill you an’ I wouldn’t know.
They might hurt you. How’m I gonna know?TOM
Well, maybe it’s like Casy says, a fella ain’t got a soul
of his own, but on’y a piece of a big soul–the one big soul
that belongs to ever’body–an’ then…
Then it don’t matter. Then I’ll be all aroun’ in the dark.
I’ll be ever’where–wherever you look. Wherever there’s
a fight so hungry people can eat, I’ll be there.
Wherever there’s a cop beatin’ up a guy, I’ll be there.
I’ll be in the way guys yell when they’re mad
–an’ I’ll be in the way kids laugh when they’re
hungry an’ they know supper’s ready.
An’ when our people eat the stuff they raise,
an’ live in the houses they build, why, I’ll be there too.
I had to see The Grapes of Wrath in high school. It was required. Are schools today trying to infuse students with social wisdom? How about a Grapes Redux starring people of color? Imagine this closing line, spoken by a dark skinned mother, about the hardship that is her people’s fate:
MA
…Maybe that makes us tough. Rich fellas come up an’ they die, an’ their kids ain’t no good, an’ they die out. But we keep a-comin’. We’re the people that live. Can’t nobody wipe us out. Can’t nobody lick us. We’ll go on forever, Pa. We’re the people.
Not Sons of Bitches, Dems are bitches
When the Democrats were the minority they seemed so weak. Now in the Majority they’re positively wimps. Pundits tell us it’s a lack of leadership. Why would the corporate media overlook who’s at the whip? It would seem clear that the corporations writing the legislation, funding the campaigns, and paying for the free lunch, are driving the agenda. The GOP is paid to play the white hats, and when a bill is unpopular, the Dems are pushed forward to play the creeps.
On the proposed bailout ripoff, the Dems were not the sons of bitches, they’re just the bitches. I heard a Dem scare-mongeree explain that in spite of loathing the idea of a solution which benefited the wrong people, the bailout was our only option. “All economists agree we have to do this” he said, ignoring quite a few who have urged the opposite. The interviewer interrupted to announce, this just in, the vote had failed and as a result the DOW had plunged by 700 points. She wanted his response: “Oh. My. God.”
As Bush and his GOP team stand in the shadows, the Democrats are thrust forward to “lead” the support for this criminal legislation. Whether the bill won or lost, either way the Democrats would come out looking like shits.
I’m reminded about how an invading army flushes out defenders still hiding. Send your captives into the buildings to spring the booby-traps. Make them open the doors to draw the fire. Among thugs in prison the dirty work is done by the bitches.
Except for Democracy Now, the media won’t report the authentic Democratic efforts to lead. Here’s Dennis Kucinich on the floor of Congress speaking against the bailout and asking: why, why why:
“The $700 billion bailout for Wall Street, is driven by fear not fact. This is too much money in too a short a time going to too few people while too many questions remain unanswered.
Why aren’t we having hearings on the plan we have just received? Why aren’t we questioning the underlying premise of the need for a bailout with taxpayers’ money?
Why have we not considered any alternatives other than to give $700 billion to Wall Street? Why aren’t we asking Wall Street to clean up its own mess?
Why aren’t we passing new laws to stop the speculation, which triggered this? Why aren’t we putting up new regulatory structures to protect investors? How do we even value the $700 billion in toxic assets?
“Why aren’t we helping homeowners directly with their debt burden? Why aren’t we helping American families faced with bankruptcy. Why aren’t we reducing debt for Main Street instead of Wall Street?
Isn’t it time for fundamental change in our debt based monetary system, so we can free ourselves from the manipulation of the Federal Reserve and the banks?
Is this the United States Congress or the board of directors of Goldman Sachs? Wall Street is a place of bears and bulls. It is not smart to force taxpayers to dance with bears or to follow closely behind the bulls.”
Michael Moore is more charitable about the Democrats’ actions yesterday. Here’s his update:
Friends,
Everyone said the bill would pass. The masters of the universe were already making celebratory dinner reservations at Manhattan’s finest restaurants. Personal shoppers in Dallas and Atlanta were dispatched to do the early Christmas gifting. Mad Men of Chicago and Miami were popping corks and toasting each other long before the morning latte run.
But what they didn’t know was that hundreds of thousands of Americans woke up yesterday morning and decided it was time for revolt. The politicians never saw it coming. Millions of phone calls and emails hit Congress so hard it was as if Marshall Dillon, Elliot Ness and Dog the Bounty Hunter had descended on D.C. to stop the looting and arrest the thieves.
The Corporate Crime of the Century was halted by a vote of 228 to 205. It was rare and historic; no one could remember a time when a bill supported by the president and the leadership of both parties went down in defeat. That just never happens.
A lot of people are wondering why the right wing of the Republican Party joined with the left wing of the Democratic Party in voting down the thievery. Forty percent of Democrats and two-thirds of Republicans voted against the bill.
Here’s what happened:
The presidential race may still be close in the polls, but the Congressional races are pointing toward a landslide for the Democrats. Few dispute the prediction that the Republicans are in for a whoopin’ on November 4th. Up to 30 Republican House seats could be lost in what would be a stunning repudiation of their agenda.
The Republican reps are so scared of losing their seats, when this “financial crisis” reared its head two weeks ago, they realized they had just been handed their one and only chance to separate themselves from Bush before the election, while doing something that would make them look like they were on the side of “the people.”
Watching C-Span yesterday morning was one of the best comedy shows I’d seen in ages. There they were, one Republican after another who had backed the war and sunk the country into record debt, who had voted to kill every regulation that would have kept Wall Street in check — there they were, now crying foul and standing up for the little guy! One after another, they stood at the microphone on the House floor and threw Bush under the bus, under the train (even though they had voted to kill off our nation’s trains, too), heck, they would’ve thrown him under the rising waters of the Lower Ninth Ward if they could’ve conjured up another hurricane. You know how your dog acts when sprayed by a skunk? He howls and runs around trying to shake it off, rubbing and rolling himself on every piece of your carpet, trying to get rid of the stench. That’s what it looked like on the Republican side of the aisle yesterday, and it was a sight to behold.
The 95 brave Dems who broke with Barney Frank and Chris Dodd were the real heroes, just like those few who stood up and voted against the war in October of 2002. Watch the remarks from yesterday of Reps. Marcy Kaptur, Sheila Jackson Lee, and Dennis Kucinich. They spoke the truth.
The Dems who voted for the giveaway did so mostly because they were scared by the threats of Wall Street, that if the rich didn’t get their handout, the market would go nuts and then it’s bye-bye stock-based pension and retirement funds.
And guess what? That’s exactly what Wall Street did! The largest, single-day drop in the Dow in the history of the New York Stock exchange. The news anchors last night screamed it out: Americans just lost 1.2 trillion dollars in the stock market!! It’s a financial Pearl Harbor! The sky is falling! Bird flu! Killer Bees!
Of course, sane people know that nobody “lost” anything yesterday, that stocks go up and down and this too shall pass because the rich will now buy low, hold, then sell off, then buy low again.
But for now, Wall Street and its propaganda arm (the networks and media it owns) will continue to try and scare the bejesus out of you. It will be harder to get a loan. Some people will lose their jobs. A weak nation of wimps won’t last long under this torture. Or will we? Is this our line in the sand?
Here’s my guess: The Democratic leadership in the House secretly hoped all along that this lousy bill would go down. With Bush’s proposals shredded, the Dems knew they could then write their own bill that favors the average American, not the upper 10% who were hoping for another kegger of gold.
So the ball is in the Democrats’ hands. The gun from Wall Street remains at their head. Before they make their next move, let me tell you what the media kept silent about while this bill was being debated:
1. The bailout bill had NO enforcement provisions for the so-called oversight group that was going to monitor Wall Street’s spending of the $700 billion;
2. It had NO penalties, fines or imprisonment for any executive who might steal any of the people’s money;
3. It did NOTHING to force banks and lenders to rewrite people’s mortgages to avoid foreclosures — this bill would not have stopped ONE foreclosure!;
4. It had NO teeth anywhere in the entire piece of legislation, using words like “suggested” when referring to the government being paid back for the bailout;
5. Over 200 economists wrote to Congress and said this bill might actually WORSEN the “financial crisis” and cause even MORE of a meltdown.
Put a fork in this slab of pork. It’s over. Now it is time for our side to state very clearly the laws WE want passed. I will send you my proposals later today. We’ve bought ourselves less than 72 hours.
Yours,
Michael Moore
Seven hundred times N,OOO,OOO,OOO!
Is the strategy to pay this ransom, then have the robbers intercepted as they make their escape? What other excuse will Democrats Pelosi and Reid offer for coming home with a bag full of 140,000,000,000 wooden nickels? That money’s gone if we don’t STOP THEM! STOP THEM NOW!
We hear pundits say the bailout sum is beyond comprehension. Nonsense. It’s our prosperity, our health, the pursuit of happiness we offer our children and take for granted. Gone. Unless there is still time to shout down the miscreants in Washington. As we see the politicians of every stripe complicit in this heist, and insufficient outcry in the streets, isn’t it hard not to conclude Americans are getting what they deserve? If you have any gut feeling that you DO NOT WANT TO STAND IDLY BY, listen to Michael Moore: (although the DC email/phone connection appears to have been pulled.)
Friends,
Let me cut to the chase. The biggest robbery in the history of this country is taking place as you read this. Though no guns are being used, 300 million hostages are being taken. Make no mistake about it: After stealing a half trillion dollars to line the pockets of their war-profiteering backers for the past five years, after lining the pockets of their fellow oilmen to the tune of over a hundred billion dollars in just the last two years, Bush and his cronies — who must soon vacate the White House — are looting the U.S. Treasury of every dollar they can grab. They are swiping as much of the silverware as they can on their way out the door.
No matter what they say, no matter how many scare words they use, they are up to their old tricks of creating fear and confusion in order to make and keep themselves and the upper one percent filthy rich. Just read the first four paragraphs of the lead story in last Monday’s New York Times and you can see what the real deal is:
“Even as policy makers worked on details of a $700 billion bailout of the financial industry, Wall Street began looking for ways to profit from it.
“Financial firms were lobbying to have all manner of troubled investments covered, not just those related to mortgages.
“At the same time, investment firms were jockeying to oversee all the assets that Treasury plans to take off the books of financial institutions, a role that could earn them hundreds of millions of dollars a year in fees.
“Nobody wants to be left out of Treasury’s proposal to buy up bad assets of financial institutions.”
Unbelievable. Wall Street and its backers created this mess and now they are going to clean up like bandits. Even Rudy Giuliani is lobbying for his firm to be hired (and paid) to “consult” in the bailout.
The problem is, nobody truly knows what this “collapse” is all about. Even Treasury Secretary Paulson admitted he doesn’t know the exact amount that is needed (he just picked the $700 billion number out of his head!). The head of the congressional budget office said he can’t figure it out nor can he explain it to anyone.
And yet, they are screeching about how the end is near! Panic! Recession! The Great Depression! Y2K! Bird flu! Killer bees! We must pass the bailout bill today!! The sky is falling! The sky is falling!
Falling for whom? NOTHING in this “bailout” package will lower the price of the gas you have to put in your car to get to work. NOTHING in this bill will protect you from losing your home. NOTHING in this bill will give you health insurance.
Health insurance? Mike, why are you bringing this up? What’s this got to do with the Wall Street collapse?
It has everything to do with it. This so-called “collapse” was triggered by the massive defaulting and foreclosures going on with people’s home mortgages. Do you know why so many Americans are losing their homes? To hear the Republicans describe it, it’s because too many working class idiots were given mortgages that they really couldn’t afford. Here’s the truth: The number one cause of people declaring bankruptcy is because of medical bills. Let me state this simply: If we had had universal health coverage, this mortgage “crisis” may never have happened.
This bailout’s mission is to protect the obscene amount of wealth that has been accumulated in the last eight years. It’s to protect the top shareholders who own and control corporate America. It’s to make sure their yachts and mansions and “way of life” go uninterrupted while the rest of America suffers and struggles to pay the bills. Let the rich suffer for once. Let them pay for the bailout. We are spending 400 million dollars a day on the war in Iraq. Let them end the war immediately and save us all another half-trillion dollars!
I have to stop writing this and you have to stop reading it. They are staging a financial coup this morning in our country. They are hoping Congress will act fast before they stop to think, before we have a chance to stop them ourselves. So stop reading this and do something — NOW! Here’s what you can do immediately:
1. Call or e-mail Senator Obama. Tell him he does not need to be sitting there trying to help prop up Bush and Cheney and the mess they’ve made. Tell him we know he has the smarts to slow this thing down and figure out what’s the best route to take. Tell him the rich have to pay for whatever help is offered. Use the leverage we have now to insist on a moratorium on home foreclosures, to insist on a move to universal health coverage, and tell him that we the people need to be in charge of the economic decisions that affect our lives, not the barons of Wall Street.
2. Take to the streets. Participate in one of the hundreds of quickly-called demonstrations that are taking place all over the country (especially those near Wall Street and DC).
3. Call your Representative in Congress and your Senators. (click here to find their phone numbers). Tell them what you told Senator Obama.
When you screw up in life, there is hell to pay. Each and every one of you reading this knows that basic lesson and has paid the consequences of your actions at some point. In this great democracy, we cannot let there be one set of rules for the vast majority of hard-working citizens, and another set of rules for the elite, who, when they screw up, are handed one more gift on a silver platter. No more! Not again!
Yours,
Michael Moore
[email protected]
MichaelMoore.comP.S. Having read further the details of this bailout bill, you need to know you are being lied to. They talk about how they will prevent golden parachutes. It says NOTHING about what these executives and fat cats will make in SALARY. According to Rep. Brad Sherman of California, these top managers will continue to receive million-dollar-a-month paychecks under this new bill. There is no direct ownership given to the American people for the money being handed over. Foreign banks and investors will be allowed to receive billion-dollar handouts. A large chunk of this $700 billion is going to be given directly to Chinese and Middle Eastern banks. There is NO guarantee of ever seeing that money again.
P.P.S. From talking to people I know in DC, they say the reason so many Dems are behind this is because Wall Street this weekend put a gun to their heads and said either turn over the $700 billion or the first thing we’ll start blowing up are the pension funds and 401(k)s of your middle class constituents. The Dems are scared they may make good on their threat. But this is not the time to back down or act like the typical Democrat we have witnessed for the last eight years. The Dems handed a stolen election over to Bush. The Dems gave Bush the votes he needed to invade a sovereign country. Once they took over Congress in 2007, they refused to pull the plug on the war. And now they have been cowered into being accomplices in the crime of the century. You have to call them now and say “NO!” If we let them do this, just imagine how hard it will be to get anything good done when President Obama is in the White House. THESE DEMOCRATS ARE ONLY AS STRONG AS THE BACKBONE WE GIVE THEM. CALL CONGRESS NOW.
The Stop the Foreclosures and Evictions Movement arises
People are losing the houses they live in, the jobs they depend on to pay the rents and mortgages, and the retirement pensions they thought secure. Michigan and Florida are especially hit hard, as well as the Gulf Coast areas hit by tropical storms and left half way abandoned by Federal relief agencies. The formation of Michigan’s Coalition to Stop Foreclosures & Evictions is a clear sign of our times, and we shall see coalitions like this one now begin to form in area after area almost everywhere around the US. You can bet on it.
MC FogHorn Leghorn and the F’N MA
With record high foreclosures due to predatory lenders and sham mortgages, who’s in favor of a taxpayer bailout to the Federal National Mortgage Assoc.?
Or how about public monies to save the Federal Home Loan Mortgage Corporation? No takers? The homeowners are still screwed, but the lenders need our help. They’re shareholder owned, government sanctioned monopolies, and they need 25 billion. No sympathetic alms? Good thing both the FNMA and the FHLMC, appointed themselves the intentionally endearing nicknames Fannie Mae and Freddie Mac to confuse our affections.
It reminds me of a classmate who reinvented himself on the first day of college. When professors asked our names or applicable nicknames, this skinny pocket-protector wearer told the class he went by “Bear.” And his unlikely reincarnation stuck. Thereafter “Bear” became that much less an engineering geek than his no more nerdier compatriots.
Fannie and Freddie may sound like personable natural derivatives of their acronyms, but the Appalachian appellations are official. When I was confronted about having apparently misspelled the cutesy MAE, being the purported colloquial surname of the usurious giant, I found there was indeed a formal spelling. Really? For a phonetic abbreviation? Couldn’t it just as easily be spelled with a Y? And why not Fanny with a Y, like Brice, Hackabout-Jones or the derriere? Too much impropriety for hillbillies?
Do the letters FN resolve to “Fanny” more than to the more modern and infinitely appropriate Fucking?
Where did MA become May? Why not Ma, like Ma Dalton?
And wherever do you get Freddie from FHL? I see Foghorn Leghorn for the first initials. Leaving MC for Mack as of The Knife.
The FNMA / FHLMC bonanza provides a textbook simple model of the capitalist stakeout of regulated/unregulated public finance: build a business, merge to create a monopoly, then loot funds to require a taxpayer bailout.
Millions of Americans now face foreclosure evictions
A wave of foreclosures and evictions is about to sweep the United States in the wake of the sub-prime mortgage lending crisis. Several million Americans face eviction in the next couple of years from houses they thought were theirs.
The true cost of government and corporate corruption is soon to be felt by the US’s apolitical citizens that thought going along with it all was the best thing to do. There is a price to pay though. No longer will it just be Iraqis and Afghans, Lebanese and Colombians, Central Americans and Somalis that will be paying for our own political leaders’ criminality. It will be our flag waving neighbors, too. It will be us.
Columbia Savings revisited
Two memorable things in my life were tied to Columbia Savings. The first was the explosion of the space shuttle Challenger. I was a recent college graduate working for a large international accounting firm, KPMG Peat Marwick. I remember sitting in a conference room, clad in a conservative business suit, already on hour 5 of an 18-hour workday. These were the days before the Internet; we still relied on the Big 3 to provide us with news. One of the higher ups came into the room, solemn look on his face, and turned on the television. The ten of us sat there and watched hope gone awry….seven lives gone due to an improperly sealed O-ring.
A few years later, the “Feds” came in and took the CEO, the CFO, and several others out of the building in handcuffs. It was a scary sight. These were our friends…our role models. What the hell? What was going on?
The S&L crisis changed the American way of life. Without an extensive legal or financial background, you may not understand how. But, trust me, rules were changed. I worked for the next several years with the Resolution Trust Corporation (RTC), the branch of the government created to ensure that we would all enjoy a safe financial future. They were a bunch of dumbshits who had absolutely no chance of being hired by Peat Marwick, or any other reputable company. Like so many, the government is a safe haven for idiots who crave authority.
Moving on. Despite the noble efforts of the RTC, the country is facing another financial crisis. As interest rates have gone down over the past several years, a new brand of leech has been unleashed on the unsuspecting public. The mortgage broker. We are in a housing crisis due to the prevalence of SUBPRIME loans. Let me explain. In the past, a family had to meet certain requirements in order to obtain a mortgage. They had to earn enough income, own assets, show that they would be able to meet ongoing financial obligations. Banks and S&Ls had strict underwriting requirements. They extended credit and collected interest in return. Borrowers had to be a PRIME candidates to qualify for a mortgage loan.
Today, the mortgage industry has gone wild. There are zillions of mortgage brokers who can find ANYONE a loan. They shop around for a third tier underwriter who is willing to lend the money. The broker receives a large commission. The underwriter receives an origination fee and various other payments. Neither care if you are in over your head. They will offer you an initial rate of 2 or 3% with adjustable rate mortgage (ARM), and convince you that rates won’t go up much. You can afford it. Buy that bigger house. Once the deal is inked, the lender simply takes the cruddy mortgage portfolio and sells it to the next prick in line, greedy for the soon-to-be usurious interest payments.
For the past two years, mortgage rates have increased. Over a trillion dollars of ARM loans are due to reset in the next 18 months. Homeowners’ adjustable payments have gone from $400/month to $600 to $1500. With no end in sight. Foreclosures are at an all time high. Too bad for the idiots, you say? Well, I would normally agree with you. But let’s hope that you don’t have a house to sell. As the banks divest themselves of the properties they’ve foreclosed on, real estate prices will be driven into the ground. The lenders will have to write off trillions of dollars of bad loans, likely rendering many of them insolvent. Huge investment funds tied to subprime loans will become worthless. Many Americans will lose their homes, their market investments, and their ability to obtain future credit. I’m predicting another bail out that will cost the taxpayers billions.
Meanwhile, my best friend saw the potential in the industry, despite the fact that she knew nothing about mortgage banking, and earned $18,000. Last month.