The White House’s 10 Big Lies To Congress About The TPP

I start from the basic presumption that the president, and most of the people who work for him, are very, very smart people. So, when the president’s point person on the Trans Pacific Partnership, U.S. Trade Representative Michael Froman, marches up to Capitol to testify on the TPP and gives false information, you can only conclude that he’s lying and intentionally misleading Congress. That’s the upshot of what happened on Tuesday.

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S&P $1.3 Billion Stay-Out-Of-Jail, Slap-On-The-Wrist Fine Sets New Bar For Absurdity

It seems like…just a week ago that I wrote about a proposed slap-on-the-wristfor Standard & Poor’s. Ah, and it’s the gift that keeps on giving. But, this one may give a new twist to the absurd world in which these guys in the executive suites of Wall Street and the financial world commit crimes, never pay for those crimes, keep their jobs, continue to get huge pay and benefits, sock the shareholders/customers with the cost of paying miniscule fines…and never admit to the crimes.

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Austerity Takes A Hit

Thank you, Greece voters.

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Anti-TPP NYC Rally Pics TODAY: Blizzard Hysteria Doesn’t Stop The Committed

As I wrote the other day, an anti-Trans Pacific Partnership rally was set for today to confront the negotiators for this odious deal–a deal that contradicts the president’s own rhetoric to combat inequality. As much of the news was about the approaching snow (as aside: when did New Yorkers become such a soft, coddled bunch to go into full panic mode over a little blizzard?), a hardy group of activists and good people stood outside the Sheraton New York (7th Avenue and 53rd), where the negotiators were meeting, to denounce this travesty. A few pics.

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Slide

It just gets worse for workers.

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The President Vs. TPP: One Step Forward, Two Steps Back

It’s pretty simple: you can’t advance a progressive agenda, or even one you call “liberal”, that claims to want to combat inequality AND go all out to ram through the Trans Pacific Partnership using the odious “Fast track” authority. Here are the contradictions.

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S&P Gets Slap-On-The-Wrist $80 Million Fine: Same Old Story About The Wall Street Robbery

Ah, the seasons turn from summer to winter to spring…predictable. And just like the seasons we can count on one almost predictable fact: no one of consequences will go to jail for the robbery of the economy, the obliteration of millions of jobs and trillions of dollars of wealth. Nope, slap on the wrist. Every. Time. And, ladies and gents, the next example: S&P.

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The President’s Tax Props: Relatively Meek, Pollster-Driven, Discriminatory, Long-Term Bleh

In the midst of the Greek chorus demanding that everyone salute in awe and reverence to the tax proposals set to be unveiled in stage-managed “don’t actually look behind the curtain” fashion, it’s worth a pause to consider what these ideas mean in the big picture of class warfare and the crumbling of the country: meek stuff, clearly driven by the very Democratic/liberal pollsters who got the country into the mess in the first place by being cowards, a bit discriminatory and just long-term…bleh…

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MLK Weeps: 80 Peoples’ Wealth=3.5 BILLION Ppl Wealth, 1% Will Control 50% Global Wealth By 2016

There is little doubt that if Martin Luther King Jr. was alive today–and he would be 85 years old–he would be at the forefront of decrying the class warfare that has reached levels that even he could not have imagined during his short lifetime. He once said that what we “are saying that something is wrong … with capitalism…. There must be better distribution of wealth and maybe America must move toward a democratic socialism. Call it what you may, call it democracy, or call it democratic socialism, but there must be a better distribution of wealth within this country for all of God’s children.”

And he would have woken up to this startling fact: the richest 1% of people throughout the globe control 48% of the planet’s wealth, leaving the other 52% for the other 99% of humanity.

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TPP, NAFTA, Fast Track…Rinse, Repeat: Prosperity Undermined–The Full Report

Sometimes, it’s hard to connect the dots between things that happened twenty years ago–because we don’t teach real history in schools and Crazy Birds is more popular than reading a book. So, people who are correctly suspicious/opposed to the Trans-Pacific Partnership don’t necessarily get the connection to the phrase “fast track” and don’t remember NAFTA which passed, thanks to Bill Clinton, back in 1993 (it came into force January 1994). So, Public Citizen’s Global Trade Watch lends a hand today with a really great piece of analysis.

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We All Pay Higher Tax Rates Than The Rich: A Lesson In Class Warfare

Not that this should be entirely shocking but this should end the debate about how is getting fleeced and who carries the burden in society. And it’s useful to have this handy to dispatch to the usual class warfare deniers.

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Wall Street Banker Pulls Out, In Victory For Sen. Warren

Ok one victory for the good guys…

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Financial Transactions Tax Rears Its Head A Tad

Oh, so, the Democrats have awakened. Now, it’s the “middle-class” that is in vogue because somehow the campaign to lift people out of poverty via a hike in the minimum wage was a drag on Democrats politically (stupid argument, but a different story). It’s time for tax cuts to be paid for a little by Wall Street.

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House Democrats To White House: Forget This Fast Track Nonsense, TPP

Over the years, the Democratic opposition in the House to so-called “free trade” has grown, with more members opposed to so-called “free trade” than say back in the 1990s; the Senate has continued to be a disaster when it comes to building opposition to trade deals–basically, if you can’t stop it in the House, it’s […]

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Bernie Sanders To Obama Admin: Let Me See The Damn TPP Draft

Ok, so, Bernie Sanders was more judicious in his demand to the Obama Administration that he have access to a full draft of the current Trans-Pacific Partnership deal. Still, this is extremely important because it is the very secrecy about trade deals–going back decades–that goes to the heart of our ability, as citizens, to function in a democratic society.

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Labor must reject Pat Lynch’s bitter bile: My piece today in NYDaily News

A relatively short diary for now. Many of us have been horrified–if not surprised–by the unhinged venom that has spilled out of the mouth of the head of the police union in NYC. To me, as I wrote previously, there has been a failure of the labor movement to confront his bile. So, I discussed this in an op-ed today in the NY Daily News.

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