Showing posts with label Hank Paulson. Show all posts
Showing posts with label Hank Paulson. Show all posts

Saturday, November 28, 2009

Less Equals More

In a recent email exchange the person I was conversing with began to express a fear of government takeover of health care. Spouting the same disinformation be promulgated by the insurance industry he continually made the point that he didn't want the government making health care decisions. He seemed befuddled at my suggestion that he must not mind corporations running his life.

In health care, and for that matter, all matters where people state that they want the government to stay out of things, they are advocating that corporations be given free rein instead. The government is really the only check on large US and even larger transnational corporations. Corporations, guided only by an allegiance to profits and the bottom line, are at best neutral while at their worst malevolent entities intent on increasing revenues at any cost. Government can run as a non-profit and have employment as a purpose. Corporations view workers only as resources to be used and used up.

There is a dynamic tension that must necessarily exist between government and corporations. Unless governments can control the necessarily amoral actions of corporations the masses of people will be exploited as a matter of course. Corporations gaining control and directing the government is nothing but fascist corporatism. This is the direction the health insurance cartel of United Healthcare, Cigna, Aetna, Wellpoint and Blue Cross are attempting to take us.

Do not think this stops at health care. Corporatism is a growing threat to our society and planet as large transnationals manipulate the governments of the world in the interests of profits. Just as surely as the United Fruit Company overthrew governments in Latin America, those in the corporate world continue to exert their influence.

After being bailed out by the government of "We the People," Wall Street awarded itself bonuses with our dollars. Somehow it seems, Hank Paulson and Tim Geitner looked out for their cronies rather than the people. Blackwater, now re-branded Xe, and Halliburton continue to work as contractors for the government despite being waist deep in corruption and malfeasance.

The rallying cry for the gangster bankers - the banksters- and the health insurance industry is that regulation is bad. The free market will take care of everything they assure us. Less regulation equals more money - for them.

Less does equal more. Less government means more corporate control. In a government of "We the People," we probably get what we deserve. In a corporate world, we are all just fodder for the cannons aimed by the invisible hand of the market.

Friday, August 21, 2009

A Nation of Laws

Recent reports have revealed that the CIA under the Bush (mis)Administration subcontracted assassination squads from Blackwater and manipulated Homeland Security alert levels for political purposes. This last revelation comes from none other than former Homeland Security chief Tom Ridge.

I really hate to keep bringing up the Bush-Cheney reign of error and terror - but will there be no end to the trail of crimes revealed? Follow the link on this site to "Hugh's List" for just a sampling of the treachery of the Bush (mis)Administration.

It is all well and good to wish to put matters behind us. However, when a litany of abuses and crimes have already been revealed and continue to be revealed, accountability must occur. At the very least, prosecutions for torture and war crimes must occur for the United States to be taken seriously again as a nation of laws. When one small group of people can lie us into a war, hire private assassination squads, manipulate the public into a frenzy of fear in order to gain politically, run clandestine prisons to specifically circumvent U.S. and international law, can rationalize torture and then claim that there should not even be investigations, there is no longer justice for all. There is a privileged elite that has become above prosecution.

There biggest crime I likely have left out: mortgaging the future of our children and grandchildren when Bush with his henchman Hank Paulson turned the Treasury over to greedy banks. Did this really need to happen in retrospect? See this move for what it was - Bush rewarded his base, the have mores, at the end of his presidency. In so doing, he robbed your children and mine.

To act as if there is nothing to investigate or prosecute in the past administration is absurd. To allow the Bush (mis)Administration to go unchallenged is to turn your back on this country as a nation of laws.

Monday, March 16, 2009

Let Them Eat Cake

American International Group (AIG) has demonstrated an arrogance that only Marie Antoinette could appreciate. After receiving billions of dollars in the bailout, this company has had the gall to award "retention" bonuses totaling $165 million dollars.

Let us address the sheer absurdity that the people who have engineered this financial crisis are somehow "talent" that needs to be retained. These people should be fired at the least and prosecuted if there is any justice. Yet, we are told that running the business into the ground needs to be rewarded. Instead, why are there not investigations into the deals that were made with the government, at the behest of Hank Paulson, that rewarded these abysmally talented individuals?

The big kick from these guys though is that now they are claiming that they "must" be paid due to contractual obligations. Mind you, this is an entire business that has been unable to deliver on its contractual obligations.

But has anyone noticed the contrast to how contracts are viewed when the recipients are millionaires? When Detroit was looking for a bailout, the most important act that needed to occur seemed to be renegotiating the contracts of auto workers. What about their contracts?

This is what America has become, a nation that defends the moneyed and powerful, and demands concession from the average citizen. While we're all tightening our belts, the very people who destroyed the economy continue to gorge themselves at the trough.

British Petroleum Gulf Oil Spill Costs

  • 11 workers killed in initial blast
  • Damage to Ocean Ecosystem
  • 35,000 to 60.000 Barrels of Oil Per Day. That's somewhere between 1,500,000 to 2,500,000 gallons a day or 150 to 300 million gallons already spilled into the ocean as of July 27th by that estimate.
  • Gulf Fisheries Industry
  • Gulf Tourism (ongoing costs)
  • Long Term Health Effects to Humans and Wildlife (to be determined)

Worst Oil Spills

  • Kuwait 1991 - 520 million gallons: Gulf War I
  • Gulf of Mexico 2010 - 206 million gallons: BP Oil
  • Mexico, Bay of Campiche 1979 - 140 million gallons: Pemex Oil
  • Trinidad & Tobago 1979 - 90 million gallons: Greek Oil Tanker Atlantic Empress
  • Russia 1983 - 84 million gallons: Leaky Pipeline collapsed into Kolva River
  • Iran 1983 - 80 million gallons: Tanker collided with Oil Platform
  • South Africa 1983 -79 million gallons:Tanker Castillo de Bellver sank
  • France 1978 - 69 million Gallons: Amoco Cadiz ran aground and broke in half.
  • Angola Coastal Waters (700 miles at sea) 1991 - 51-81 million gallons: ABT Summer exploded at sea.
  • Italy 1991 - 45 million gallons: M/T Haven Oil Tanker exploded.
  • Source: Mother Nature Network. mnn.com. The 13 largest oil spills in history. by Laura Moss. Friday July 16, 2010.

Nuclear Accidents (Under Construction)

  • 1957 Windscale, UK
  • 1961 Idaho Falls, Idaho, US
  • 1979 Three Mile Island, Pennsylvania, US
  • 1984 Athens, Alabama, US
  • 1985 Athens, Alabama, US
  • 1986 Plymouth, Masachusetts, US
  • 1986 Chernobyl, Ukraine, USSR
  • 1996 Waterford, Connecticut, US
  • 1989 Griefwald, Germany
  • 1999 Ibaraki Prefecture, Japan
  • 2002 Oak Harbor, Ohio, US
  • 2004 Fukui Prefecture, Japan
  • Source: Benjamin Sovacool

Mining Disasters (Under Construction)

  • China 1942 - 1549 deaths
  • France 1906 - 1100 deaths
  • Japan 1963 - 447 deaths
  • Wales 1913 - 438 deaths
  • South Africa 1960 - 437 deaths
  • Source: Epic Disasters Website
  • Note: Do not look at the dates herein and conclue that mining disasters are a things of the past. Every year thousands of miners die worldwide in largely unreported accidents.

OIL IS OVER! - Resources

  • Hibbert's Peak - "The" source that explains why Oil is Over.
  • Tragedy of the Commons -Garrett Hardin
  • The Land Ethic - Aldo Leopold
  • Last Hours of Ancient Sunlight - Thom Hartmann
  • Eco-Defense: A Field Guide to Monkeywrenching

Books

  • The Dirt People - Ray Bawarchi (yes, that's me)
  • The Razor's Edge - Somerset Maugham
  • Demian - Herman Hesse
  • Black Elk Speaks - Black Elk (as told to R. Neimur)
  • The Quiet Don - Mikhail Sholokov
  • Catcher in the Rye - J.D. Salinger
  • Catch-22 - Joseph Heller
  • 1984 - George Orwell
  • Delicious Laughter - Jallahudin Rumi
  • The Sybil - Par Lagerksvitz
  • The Fixer - Bernard Malamud
  • Spirits Rebellious - Khalil Gibran
  • The Quiet American - Graham Greene
  • Midaq Alley - Nagib Mafouz
  • Cat's Cradle - Kurt Vonnegut
  • Slaughterhouse 5 - Kurt Vonnegut
  • Farenheit 451- Ray Bradbury
  • We - Yevgeny Zamyatin

Music

  • John Coltrane - St. John the Divine
  • Patti Smith
  • The Clash - the only band that matters
  • Billy Bragg
  • Yo Mama's Big Fat Booty Band
  • Art Blakey
  • Death - pre-punk visionaries from Detroit
  • PJ Harvey - Polly Jean, Polly Jean
  • Woody Guthrie
  • Michael Franti (Spearhead)
  • Public Enemy
  • Ray Charles - the Genius
  • Bob Dylan
  • Velvet Underground
  • Flaming Lips
  • John Doe & X
  • The Beatles

opiate of the masses

  • God is a comedian, playing to an audience too afraid to laugh. - Voltaire
  • I do not feel obliged to believe that the same god who has endowed us with sense, reason and inellect has intended us to forgo their use. - Galileo Galilei
  • The ink of a scholar is worth far more than the blood of a martyr.- Mohammad
  • If you meet the Buddha on the road, kill him. - Sheldon Kopp
  • No one will be free until the last king is strangled with the entrails of the last priest. - Louisa Mae Alcott
  • When it is a question of money, everyone is of the same religion.- Voltaire
  • If God were alive today, he'd be an athiest. - Kurt Vonnegut
  • The god I worship is not short of cash, Mister. - Bono
  • Jesus died for somebody's sins, but not mine. My sins they only belong to me. - Patti Smith
  • God sure baked a lot of fruitcake baby, when Adam met the Eden lady. - Joe Strummer