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I couldn’t have said it better myself, William Greider writing in The Nation::

The End of New Deal Liberalism
William Greider
January 5, 2011

Political events of the past two years have delivered a more profound and devastating message: American democracy has been conclusively conquered by American capitalism. Government has been disabled or captured by the formidable powers of private enterprise and concentrated wealth. Self-governing rights that representative democracy conferred on citizens are now usurped by the overbearing demands of corporate and financial interests. Collectively, the corporate sector has its arms around both political parties, the financing of political careers, the production of the policy agendas and propaganda of influential think tanks, and control of most major media.

A couple of posts from the Financial Frontier:

First, from the it isn’t over yet department, the housing market collapses in the UK:

UK house prices fall by record 3.6pc in a month
The UK housing market has suffered a shock as figures from the Halifax revealed the average price of a property dropped more than £6,000 in September [2010].

And from the good government department:

Ohio Secretary of State Jennifer Brunner on the Foreclosure Crisis and Her State’s Lawsuit Against Ally Financial

Calls are growing for a nationwide moratorium on home foreclosures following the recent revelations that major lenders may have committed fraud while forcing thousands of people out of their homes. On Thursday the White House announced President Obama will not sign a bill approved by Congress that could have made it easier for banks to foreclose. We discuss the latest in the foreclosure crisis with Ohio Secretary of State Jennifer Brunner. This week, Ohio filed a lawsuit accusing the lender Ally Financial and its GMAC Mortgage division of fraud in approving scores of foreclosures.

Next, there will some interesting decisions the banksters have to make, all centering around the question of how dirty do they want to fight. These debates won’t want to take place in public, but thanks to wikileaks and others we can expect more revelations like Bernie Marcus’ memorable appeal “to shoot” any business leader who does not oppose the Employee Free Choice Act. Of course, anyone like the Ohio Secretary of State Jennifer Brunner who tries to stop the foreclosures that are destroying neighborhoods will be accused of starting a “class war.”  But asking for those who don’t oppose legislation to be shot isn’t inciting a class war, it is doing something truly noble.

Here are some of the many victims of Global Warming. Those who deny Global Warming are killing these people.

Raj Patel: Mozambique’s Food Riots Are the True Face of Global Warming
Mozambique-food-demo

Thirteen people died and hundreds were wounded last week in the African nation of Mozambique when police cracked down on a three-day protest over a 30 percent hike in the price of bread. The UN says the riots in Mozambique should be a wake-up call for governments that have ignored food security problems since the global food crisis of 2008, when countries around the world saw angry protests in the streets over the rising prices of basic food items. We speak with author and activist Raj Patel. [includes rush transcript]

This is really unsettling, an article at a major US newspaper (The Washington Post) that advocates killing Julian Assange, the founder of wikileaks.  It is also filled with lies about Julian. I wouldn’t believe it if I didn’t read it myself. There have been several organizations that advocated killing journalists, for example the Gestapo, and the NKVD/KBG , and Putin’s entourage.  What august company Marc Thiessen is in:

Wikileaks must be stopped

Tuesday, August 3, 2010

Let’s be clear: WikiLeaks is not a news organization; it is a criminal enterprise. Its reason for existence is to obtain classified national security information and disseminate it as widely as possible — including to the United States’ enemies. These actions are likely a violation of the Espionage Act, and they arguably constitute material support for terrorism. The Web site must be shut down and prevented from releasing more documents — and its leadership brought to justice. WikiLeaks’ founder, Julian Assange, proudly claims to have exposed more classified information than all the rest of the world press combined. He recently told the New Yorker he understands that innocent people may be hurt by his disclosures (“collateral damage” he called them) and that WikiLeaks might get “blood on our hands.”

With his unprecedented release of more than 76,000 secret documents last week, he may have achieved this. The Post found that the documents exposed at least one U.S. intelligence operative and identified about 100 Afghan informants — often including the names of their villages and family members. A Taliban spokesman said the group is scouring the WikiLeaks Web site for information to find and “punish” these informers.

Beyond getting people killed, WikiLeaks’ actions make it less likely that Afghans and foreign intelligence services (whose reports WikiLeaks also exposed) will cooperate with the United States in the future. And, as former CIA director Mike Hayden has pointed out, the disclosures are a gift to adversary intelligence services, and they will place a chill on intelligence sharing within the United States government. The harm to our national security is immeasurable and irreparable.

And WikiLeaks is preparing to do more damage. Assange claims to be in possession of 15,000 even more sensitive documents, which he is reportedly preparing to release. On Sunday, Defense Secretary Robert M. Gates told ABC News that Assange had a “moral culpability” for the harm he has caused. Well, the Obama administration has a moral responsibility to stop him from wreaking even more damage.

Assange is a non-U.S. citizen operating outside the territory of the United States. This means the government has a wide range of options for dealing with him. It can employ not only law enforcement but also intelligence and military assets to bring Assange to justice and put his criminal syndicate out of business.
Read More

BP will surely lose much more money than most analysts are predicting. The so-called responsible environmental movement is not very well connected to popular sentiment, which clearly has a long way to go.  The Facebook group Boycott BP will easily be at 300,000 before tomorrow morning.

Facebook, Twitter Users Vent Wrath Over Oil Spill
Web users have turned to social media sites to channel anger, frustration, and even humor over the Gulf oil disaster, particularly at BP

By Douglas MacMillan

Web users dismayed by the BP oil leak are using Facebook and Twitter to channel outrage, organize cleanups, and poke fun at the public relations crisis facing the company behind the largest-ever U.S. spill.

A Facebook group called “Boycott BP,” which encourages people to stop using BP (BP) products, has drawn more than 250,000 fans. U.S. government agencies have set up pages on Facebook, Twitter, Google’s (GOOG) YouTube, and Yahoo!’s (YHOO) Flickr to field questions about the cleanup effort. An anonymously managed Twitter account that makes glib comments, purportedly on BP’s behalf, has more than 97,000 followers.

And then from the “please tell us what you really think” department is this gem:

Sheila Williams, a spokeswoman for London-based BP, says the company is monitoring sentiment on social media sites, although she says online outreach is a lower priority than containing the spill in the Gulf of Mexico. “Our view is that people are entitled to their views,” she says. “Our major area of concern is to try and control the leak.”

How quaint! BP still believes in the Freedom of the Press! Really?

And here is a quote from the Wanna bet? department:

Hayward reduced BP’s net debt ratio to 19 percent in the first quarter from 23 percent a year earlier, giving him greater ability to meet cleanup costs and related liabilities. The company has an AA credit rating from Standard & Poor’s and made a record $6 billion profit in the first quarter on $73 billion of revenue.

“The liability could be tens of billions of dollars, but I do think BP has the balance sheet capacity to be able to handle a hit like that,” said Jason Gammel, an analyst at Macquarie Securities USA Inc. in New York. “It’s too early to say it’s a takeover candidate because no one wants to own an unquantifiable liability.”

The issue here goes far beyond claims related to economic losses. The loss to the Biosphere far exceeds the market capitalization of the entire stock market. BP will have to pay for that. They will have to be bankrupted, and all of their assets seized. Anyone who stands in the way of that is not part of the solution, but part of the problem.

EFF deep links has a story about ways governments could forge SSL certificates to defeat SSL session privacy. Certainly this is now being done by NSA:

*
“Cryptography is typically bypassed, not
penetrated.”
| Adi Shamir

GOVERNMENT EXPLOITS SSL CERTIFICATES SECURITY
FLAW? Researchers released a draft paper about an inherent
browser security flaw with evidence that governments
may be able to surreptitiously spy on users’ “secure”
communications. Most modern browsers rely on certificate
authorities (CAs) to vouch for whether a secure site
is what it claims to be. But there’s evidence that
governments are being sold tools that they can use as
part of a scheme to have CAs issue certificates for
surveillance operations, enabling the undetectable
spoofing of ceratin websites or services.

For details about the security research:
http://www.eff.org/deeplinks/2010/03/researchers-reveal-likelihood-governments-fake-ssl

The paper itself:
http://files.cloudprivacy.net/ssl-mitm.pdf

During the last campaign, the candidates were falling all over themselves, trying to show how they support off- shore drilling, because off-shore drilling can be done in an environmentally sensitive way. Well, that is a lie. Off shore drilling means environmental disasters, and anyone who says different does not understand the risks involved, or he/she is a liar. Thankfully, Obama calls it like he sees it: “unprecedented disaster

But what will happen next? That’s easy. Given the importance of this event, and how significant the British Petroleum lies are about the safety of off-shore drilling, it is almost certain that we will shortly see some leaked internal BP documents about the risks of the failed operation in the gulf. That may occur through wikileaks, or it may occur somewhere else. But it is similar to the 09f9 effect: the failure of a process dramatically increase the gravity of the documents that have questioned that process. Next after that: prosecution of BP officials.

Finally, a conviction of a corporation under RICO.  Should give some other big corporations a little pause, but of course now that they can can use their money without limit to bribe public officials, the RICO statues will probably either be overturned, or (more likely) corporations will be declared exempt from RICO:

Pfizer Hit With $141 Million RICO Penalty Over Neurontin Promotion
Plaintiffs argued that Pfizer’s own research showed Neurontin was ineffective for certain unapproved uses, but it suppressed that evidence and misrepresented its findings
Tresa Baldas

The National Law Journal

March 29, 2010

Pfizer Inc. has been socked with an eye-popping $141 million penalty for unlawfully promoting its epilepsy drug Neurontin for unapproved uses for which, the plaintiffs said, it didn’t even work.

A federal jury in Boston on Thursday concluded that the pharmaceutical giant had violated federal racketeering laws in promoting the drug for so-called off-label uses that were ineffective. The jury’s verdict was actually $47 million, but the penalty was automatically tripled under the federal Racketeer Influenced and Corrupt Organizations Act.

The plaintiffs, Kaiser Foundation Hospitals and Kaiser Foundation Health Plan, argued that Pfizer duped them into believing that Neurontin could effectively treat conditions such as migraines and bipolar disorder. Neurontin was approved to treat epilepsy in 1993 by the U.S. Food and Drug Administration.

“What was at stake here was evidence-based medicine versus marketing-based medicine,” said Thomas Greene of Boston’s Greene LLP, one of several lawyers who represented the plaintiffs. During trial, Greene argued that Pfizer’s own research showed that Neurontin was not effective for certain unapproved uses, but it suppressed that evidence and misrepresented its findings.

At closing arguments, Linda Nussbaum of New York’s Kaplan Fox, Kaiser’s lead counsel, compared the case to the Bernie Madoff scandal.

“This was really about greed,” Nussbaum said in an interview. “To the defendants here, this was simply a product that they marketed to make as much money as they possibly could.”

The media is in the hands of the Banksters, obviously. There’s a financial crises, car plants are closing right and left, employment is way down, home prices are at a nadir, and what causes a downturn in the stock market, according to Wall Street Journal and Reuters..?

Obama. Right.  How can they getting away with this completely unproven assertion?  Simple: Americans are sheep.


Shares fall on Obama bank plans

Stock markets have fallen sharply in response to far-reaching plans by Barack Obama to curb the activities of the biggest US banks.

The Dow Jones closed down 2%, its worst fall since October, while Japan’s Nikkei was down early on Friday.

Shares in major US banks Goldman Sachs, JP Morgan and Bank of America all fell.

Mr Obama – who said he was “ready for a fight” with banks – plans to limit the size of banks and impose restrictions on risky trading.

“Never again will the American taxpayer be held hostage by banks that are too big to fail,” Mr Obama said.

Of course when it is the auto industry that is hurting it is ascribed to the “current business environment” as if that business environment had just materialized right out of thin air, and the repeal of the Glass-Steagall Banking Act of 1933 by the business elites in 1999 had nothing whatsoever to do with the current business environment, right?

GM confirms Opel factory closure in Antwerp

General Motors (GM) has confirmed it will close a Belgian plant at its European arm Opel, cutting 2,300 jobs.

The CSC metalworkers’ union said the carmaker had told staff it would shut down its factory in Antwerp.

“It is the tough reality of the current business environment,” Opel president Nick Reilly said.

So, let’s get this straight: if an autoworker is out of a job, it is a tough business environment.*   If, though, a Bankster has his bonus threatened, he should destroy the economy. After all that is what the economy is for: generating bonuses for banksters.  Too bad if you thought the economy should provide jobs for autoworkers or universal healthcare. You see those things are evil.

* And that is probably the autoworker’s fault anyway, as he had the chutzpah to join a union.  It is an unwritten rule of journalism to always mention the word ‘union’ in the first 30 words of a story about an auto plant closing.  It is forbidden, of course, to use phrases like ‘poor management,’ ‘bad design,’ ‘poor fuel economy,’  anywhere at all in a story of a plant closing, as that might lead someone to the erroneous (and forbidden) conclusion that those failings could ever lead to a plant closing.

Link to video regarding the murders in El Salvador, of those who have opposed Pacific Rim’s Gold Mine development in Cabañas.   When the video was made, only one person had been killed.  Now, three anti-mining activists have been killed, and it is very difficult to make a case that these deaths have been unrelated to the mining interest.

Hat Tip: Mining Monitor

Sign the Petition to have his death fully investigated.

See also:

http://voiceselsalvador.wordpress.com/2009/12/24/more-threats-following-the-ramiros-assassination/

http://voiceselsalvador.wordpress.com/2009/12/27/the-assassinations-continue-in-cabanas/

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