Too Big To Fail = Too Big To Jail


Our United States Attorney General, Eric Holder, the chief lawyer of the U.S. government  finally said it – some banks are too big to criminally prosecute. Kinda scary, actually really scary, truth be told. Our U.S. Attorney General, is too scared to prosecute criminals of the financial cartel, a financial coup d’ e’tat 30 years in the making. Finally, Eric Holder explains why no trials or prosecutions for financial crimes like HBSC money laundering for drug cartels, fraudulent mortgage practices by banks,  false ratings for mortgage-backed securities, that have taken place in the United States in the last 8 years.   The financial services industry is above the law. Actually they write laws.

Eric Holder’s confession ” I am concerned that the size of some of these institutions becomes so large that it does become difficult for us to prosecute them when we are hit with indications that if you do prosecute, if you do bring a criminal charge, it will have a negative impact on the national economy, perhaps even the world economy.”   His comment is complicit and explains the complacency of our government, just like Hank Paulson’s mantra in September 2008,  if we don’t bail out the banks the world economy is going to collapse. Why bother to have the illusion of laws governing financial markets, a U.S. Attorney General, a Justice Department or SEC?

Bloomberg News asks a very good question “Why Should Taxpayers Give Big Banks $83 Billion A year?”, after reviewing the comprehensive analysis two researchers from the International Monetary Fund (IMF) wrote in May, 2012.

Bloomberg News  reviewed the report of taxpayer-subsidies to the Wall Street Too Big To Fail,  Too Big To Jail Banks.  According to their analysis, the gift comes from subsidizing lower borrowing costs, about an 0.08 percentage point. The discount applies to ALL their liabilities, including bonds and customer deposits.  The banks that are the most dangerous can borrow at lower rates because creditors, Eric Holder and our Administration, perceive them as too big to fail. Investors are comforted knowing they will be bailed out by the American taxpayers again.

The subsidy amounts to giving big banks 3 cents of every tax dollar collected.  All the more alarming and shocking when Ben Bernanke announced yesterday  banks passed the contrived stress test. The Fed has been “very aggressive” in its efforts to revive the financial system and economy, Mr. Bernanke said. The Fed continues the dismantling of our regulations. Keep in mind what led to the Financial collapse in 2008: Glass Stegall repealed in 1999,  the Federal Reserve, under Alan Greenspan approved  a precedent-shattering decision permitting bank holding companies to own investment bank affiliates with up to 25 percent of their business in securities underwriting (up from 10 percent). This  was done without congressional or presidential input.  In 2004 Hank Paulson led the charge to change the net deposit rule for debt to equity ratios from 12 to 1, to 33 to 1.  Meaning for every dollar on deposit, banks can borrow 33.  The rule also allows them to value their securities at market prices and to apply to those values at a haircut (i.e., a discount) based on each security’s risk characteristics.  Allowing them to value their securities is another part of the problem. The financialization of the American economy  has allowed banks to become bigger, more complex, and seriously leveraged.  All of these pieces added fuel and gasoline to the crisis. The combination guaranteed disaster, deeper and more dangerous than it would have been otherwise. Glass Steagall’s repeal, after 25 years and $300 million worth of lobbying efforts, culminated decades of radical deregulation.

Back to the present….

Yesterday, Citigroup, so excited to learn they passed the “Stress Test”,  immediately asked for approval to buy back $1.2 Billion in stock. JP Morgan Chase is also expected to submit a $6 billion plan that includes dividend disbursement and share repurchases. Goldman Sachs is also planning a stock repurchase.  “Bank Payouts Expected” –  published  in January 5, 2013, clearly lays out the plan the banks wanted. The Fed gave the banks  what they wanted –  the ability to take, not make, more money and give it to CEO’s, upper management and shareholders.

The top five banks – JP Morgan, Bank of America Corp., Citigroup Inc., Wells Fargo & Co. and Goldman Sachs Group Inc. – receive $64 billion of the $83 Billion total subsidy. This amount just so happens (!) to  roughly equal to their typical annual profits. JP Morgan Chase & Co. CEO Jamie Dimon “made the case that size is a competitive advantage. It helps them lower costs and vie for customers on an international scale. Limiting it, they warn, would impair profitability and weaken the country’s position in global finance”.

Jamie Dimon’s comment that being bigger makes them more efficient with lower costs translates into we need government subsidies.  Talk about deadbeats, and wealth- fare  and entitlements. A  fail safe business plan to make sure they will never have to be responsible for their losses.

When profits are privatized and losses socialized, we have a  financial industry that is a result of corrupted influence by crony capitalism and radical deregulation by elected officials paid to vote for laws that benefit the people and businesses who have millions and billions to spend for legislation to benefit them. This is not Capitalism or free markets.

Is the United States an Oligarchy, Plutocracy, Greed-ocracy or Corporatocracy? “Gosh”, to quote my friend Mitt Romney, they all seem to fit.

Posted in Too Big To Jail, Uncategorized | Tagged , , , , , , , , , , | 2 Comments

Congressman Ryan, lets revive “The Jubilee” a Judeo-Christian custom


Congressman Ryan  during your campaign you expressed your grave concern about the direction our nation is headed because of the lack of values –  “It’s a dangerous path, it’s a path that grows government, restricts freedom and liberty, and compromises those values, those Judeo-Christian, Western civilization values that made us such a great and exceptional nation in the first place.”

I am so glad to hear your alarm.  How about  embracing a  Judeo-Christian practice – the “Jubilee.” Earlier this year, and again recently, I heard Dr. Jeremy Taylor talk about Dream Recall, the Evolution of Consciousness  and  the real socioeconomic legislation of the Jubilee that Jesus was preaching.   It sure opened my eyes Congressman Ryan, I know you would want to know more about it.

  • Jubilee and Jesus: (from Generous Giving): “Imagine trumpets blasting throughout the land to proclaim liberty for the poor—orders are issued canceling all debts and returning lost property. Would it be anything short of an economic marvel? Scheduled every 50 years in ancient Israel, the Year of Jubilee was without a doubt the most untrammeled expression of God’s concern for the poor contained in the Mosaic Law. Jubilee was a comprehensive program of debt cancellation, liberation from indentured servitude and the complete restoration of each family’s ancestral property  (Leviticus 25:8-54). Regardless of how deeply entrenched the poor had become or how much of their property the rich had accumulated, the Year of Jubilee was intended to bring economic transformation. This, Jesus said, is why he came. Yet this mission did not come out of the blue. The backdrop for the good news that Jesus preached to the poor was the socioeconomic legislation of Jubilee— “the year of the Lord’s favor.” Of course, when Jesus came, he brought added significance and new spiritual meaning to the Year of Jubilee.
  • Before the Old Testament, “In the second millennium BCE, the Kings of Babylon occasionally issued decrees for the cancellation of debts and/or the return of the people to the lands they had sold. Such “clean slate” decrees were intended to redress the tendency of debtors, in ancient societies, to become hopelessly in debt to their creditors, thus accumulating most of the arable land into the control of a wealthy few.” (thanks Wikipedia)
  • Columbia Encyclopedia: Jubilee  in the Bible, a year when alienated property and land were restored, slaves were manumitted, debts were forgiven, and a general sabbatical year was observed in agriculture. It occurred once every 50 years, at the end of a series of seven sabbatical years as prescribed by the Book of Leviticus. In the Roman Catholic Church, the name is applied to a holy year when special privileges are given for the pilgrimage to Rome. The first holy year was celebrated in 1300. The pope proclaimed (1343) that holy years would recur at 50-year intervals; in 1470, the interval was reduced to 25 years.
  • What Does the Church Say About Debt and Jubilee” – from the United States Conference of Catholic Bishops: “Religious teaching on debt reaches back to the old testament and the ancient tradition of the jubilee. This is a rich tradition that has much to teach us today, and is most fully explained in the Book of Leviticus (25: 1-55). There we learn that the jubilee was a time to let the land rest and allow whatever it naturally produced to be shared by all, landowner and slave alike. It was a time to set slaves free and to return to its original owner any land that had been sold. The jubilee was also a time to cancel debts. “At the end of every seven-year period you shall have a relaxation of debts” (Deuteronomy 15:1-2).”
  • Debt justice” is not limited to Christianity and Judaism: the Qur’an condemns usury and requires zakah (alms-giving) as an essential duty to prevent wealth being accumulated only among the rich. Dharmic faiths from the Indian sub-continent teach similar principles, teaching that wealth is held not for oneself but on behalf of all human beings.

Unjust debt goes to the heart of inequity in all religious and spiritual traditions. All of our bail outs and wealth fare have benefited the very wealthy.  “This is a clear case of socialism for the rich and rugged, you’re-on-your-own individualism for everyone else.”– Bernie Sanders (I-VT) . Here in the United States we have two  severe financial meltdowns, one in 2000, and another in 2008. That money did not evaporate, it was re-distributed. The same thing has happened  in Europe and the rest of the world since we are now a “global economy”.  Where did the money go?

Congressman Ryan, you voted for the big bank bailout, where the banks got over $7.7 TRILLION in loans. The Fed didn’t mention that banks were in trouble so deep they required   $1.2 trillion on Dec. 5, 2008, their single neediest day. Banks all over the world reaped an estimated $16 Trillion of income by taking advantage of the Fed’s below-market rates according to the  first audit of the privately owned and foreign-owned Federal Reserve by the GAO.   Bloomberg Markets filed a FOIA request to audit the Fed in July, 2011, thus we were allowed to see who benefited from the Fed’s generosity.

So, Congressman Ryan, what do you think? A jubilee, or maybe Shelia Blair’s suggestion for restoring income equity in our country? During your Vice-presidential campaign  I heard you mention your christian values constantly  and how important they are for you. Actions speak louder than words. We’d love some help from you.

Sheila Blair, the former head of the FDIC, had a great idea: “Fix income inequity with $10 Million loans”: 

“Under my plan, each American household could borrow $10 million from the Fed at zero interest. The more conservative among us can take that money and buy 10-year Treasury bonds. At the current 2 percent annual interest rate, we can pocket a nice $200,000 a year to live on. The more adventuresome can buy 10-year Greek debt at 21 percent, for an annual income of $2.1 million. Or if Greece is a little too risky for you, go with Portugal, at about 12 percent, or $1.2 million dollars a year. (No sense in getting greedy.)

Think of what we can do with all that money. We can pay off our underwater mortgages and replenish our retirement accounts without spending one day schlepping into the office. With a few quick keystrokes, we’ll be golden for the next 10 years. And while that deal blew bigger holes in the deficit, my proposal won’t cost taxpayers anything because the Fed is just going to print the money. All we need is about $1,200 trillion, or $10 million for 120 million households. We will all cross our hearts and promise to pay the money back in full after 10 years so the Fed won’t lose any dough. It can hold our Portuguese debt as collateral just to make sure.

Of course, we will have to persuade Congress to pass a law authorizing all this Fed lending, but that shouldn’t be hard. Congress is really good at spending money, so long as lawmakers don’t have to come up with a way to pay for it. Just look at the way the Democrats agreed to extend the Bush tax cuts if the Republicans agreed to cut Social Security taxes and extend unemployment benefits. Who says bipartisanship is dead?”

It might even be penance for the Kodak moment posing while washing clean pans.

Posted in Politics, Uncategorized | Tagged , , , , | 2 Comments

Guess Who’s Upset with Our Growing Debt?


More than 80 CEO’s Call for “Deficit Action” with their endorsement of the “Fix the Debt” campaign.

They have joined together to pressure Congress to reduce the federal deficit with tax-revenue increases as well as spending cuts, so they say.  This non-partisan group, partnering with the  Committee for a Responsible Federal Budget, uses the mystical thirty-five percent corporate tax rate as the major reason why we need to reform our corporate tax laws.  Just proposing cutting corporate tax rates is like walking across a field of landmines, with a powerful army of defenders, lobbyists, lurking nearby.  You may remember last  year Congress and then the “Super Committee could not agree on a budget, causing our debt rating  downgrade.  Now these concerned CEO’s are worried about the  fiscal cliff – the roughly $600 billion in tax increases and spending cuts scheduled to take effect early next year if Congress cannot agree on an alternative plan.

Once again we have entered a reality distortion field,  where in their parallel universe the    Golden Rule is “do as I say, not as I do”.   In the real world, the majority of the companies who are a part of this  coalition are the most flagrant users and abusers of the corporate tax loopholes. Now they are telling us we need to tighten our belts. American corporations dodge Billions of in taxes every year. Now, I must admit, I have a bit of disbelief and incredulity about their sincerity since some of these CEO’s have made more money in salaries than their companies have paid in taxes. Maybe it’s their hypocrisy I can’t stomach. If our tax laws are to be changed, if they are serious about deficit reduction,  their companies would have to pay more taxes, and the individual CEO’s would pay more too. I wonder if they are the ones they are talking about in their “broaden the base” hype. Do you think they will agree to getting rid of the carried interest rule? What about the off shoring tax loop-hole the “Double Irish with a Dutch Sandwich? Do you think ATT & T will give up their use of “accelerated depreciation rules”? What about the tax subsidies many enjoy, particularly the oil and gas companies?

In  2009, 2010, 2011:

  • The highest corporate profits since World War II were recorded.  Corporate profits have been at record levels, (corporate profits have accounted for 67.8 percent of all economic growth since 2008) but unemployment has remained high, denying “free market logic”, and defying the mythical job creators.
  • And yet at the same time, we had the three lowest years for corporate tax receipts since World War II. The effective corporate tax rate  — total corporate income taxes paid as a percentage of corporate profits — is now hovering just over 20 percent. If you read this entire article in some cases corporations paid no taxes, or 2-3 percent.

Here are some of the reality issues (from Americans for Tax Justice):

  • They haven’t identified a single tax change they’d support, except to lower taxes. They do advocate broadening the tax  base. Does that mean their companies are included in that?
  • GE, in 2010 paid somewhere between zero and almost nothing (2-3 percent) in corporate taxes. Because of tax credits and deductions they have saved hundreds of millions,  possibly Billions of dollars in taxes each year. They have paid an extremely low tax rate, an average of just 1.8 percent for the last ten years.
  • Eight of the CEO’s who signed the Fix the Debt letter received a total of $11.8 million in tax breaks last year from the Bush tax cuts. They are among 57 CEO’s who each received more than $1 million in such tax breaks, collectively securing more than $100 million in tax cuts according to the Institute for Policy Studies.
  • Do corporations flush with cash need  a tax holiday? “Six corporations whose CEO’s signed the Fix the Debt letter were members of the WIN America Coalition, which lobbied Congress to pass legislation (S.1671) that would allow U.S. companies to dramatically reduce their tax rate on $1 trillion in foreign profits brought back (“repatriated”) to the United States. The measure would give corporations a substantial savings from 35 percent corporate tax rate to an 8.75 percent effective tax rate on the repatriated profits.The six corporations are: CA Technologies, Cisco, Loews Corporation, Microsoft, NASDAQ OMX Group, Inc., and Qualcomm Inc. Many of the corporations pushing for repatriation also want to permanently exempt offshore profits from U.S. taxation, by adopting a so-called “territorial” tax system, which would only increase the incentives to shift jobs and profits offshore.” I wrote about this last November,  “FINALLY! A Bill with Bi-partisan Support, but where’s our tax holiday?  Anticipating another handout from Congress, U.S. Corporations have been aggressively off-shoring money since 2006, now estimated to be over $1 Trillion. From 1994-2004 they had off shored $342 million. In 2004 the IRS said the money had to be used for jobs and research, but could not be given to shareholders, or salaries. Microsoft declared a special one time $3.00 share dividend from the cash they brought back, and Steve Ballmer collected an $1.5 Billion paycheck, paying only 15 percent tax.

This chart shows companies all supporting the “Fix the Debt” campaign that paid NO Federal Income Taxes, using tax loopholes, off shoring, and special depreciation rules. Do you think they will give up their lucrative tax subsidies?:

Corporation Federal Income Taxes 2008-2011 Profit
 2008-2011
$ Billions Tax Subsidies 2008-2011
$ Billions
Boeing $0 $14.8 $6.0
Corning $0 $2.9 $1.0
General Electric $0 $19.6 $10.6
Honeywell International *$0 *$4.9 $1.7
Verizon Communications $0 $19.8 $7.7
TOTAL $0 $62 billion

According to Americans for Tax Fairness, “While Corporate America’s profits have soared in recent years, its contribution to federal revenue has plummeted by 60 percent in the  last 50 years, according to the Office of Management and Budget. Corporate taxes have declined from 22.2 percent of federal revenue in 1961 to just 7.9 percent in 2011.”

Here’s  what not being talked about:

  • The full economic impact of our U.S. trade policy. It is an absolute fact that U.S. trade policy has been the single largest factor accounting for income inequality in the United States.
  • 15 percent capital gains tax, the major driver of the shift of wealth to the very wealthy.
  • The effective corporate tax rate  — total corporate income taxes paid as a percentage of corporate profits — is now hovering just over 20 percent.

It’s imperative to address our national debt and balance our budget. But the I hope you will understand why I doubt the sincerity of so many of the CEO’s who signed this petition. The phrase’ banality of evil’ kept coming into my mind last night as I was writing this. Many of these folks have profited immensely from the financial meltdown, and the tax loop holes they have lobbied for.  Like Romney they think paying more taxes than they should is not in the best interest of their shareholders. Their chief complaint is the runaway spending of our government, and the need to curb it.

When they start talking about SPECIFIC tax cuts, like mentioned above, I might believe they actually have the best interests of the United States at the core of their efforts.  Otherwise, it’s just another PR job.

Posted in Corporate Tax Reform, Uncategorized | Tagged , , , , , , | 1 Comment

Rape Gate and the GOP, the Pro Rape Party


In the comment section about the latest Rape-gate freudian slip on Reader Supported News, “The Real Republican Rape Platform“ someone named the Republican Party the “Pro Rape Party”, finally someone calling a spade a spade.  Of course, I had to add my two cents to the discussion, and side tracked me from researching an article I’m currently working on why we need tax reform in this country. Phoenix police chaplain John South wanted to know what bible Mourdock reads because “what he’s saying is absolutely wrong. It’s not biblical.” Perhaps it’s not the Bible Mr. South; it’s just the old church teachings, written by men. At one time rape was a penalty punishable by death in the Old Testament (Deuteronomy 22:25-27).  But that was before “forcible rape”, “legitimate rape” , “gift from God rape”, “rape, another form of conception” and a  different kind of rape, taking away your right to live: “There is no such exception as life of the mother, and as far as health of the mother, same thing.” (quoting Congressman Joe Walsh)

Their party view is women are mere vessels subject to men’s will, and rape is clearly one of them.

It’s quite evident there are repressed sexual issues here with these guys – Bill Napoli gives us a glimpse into his private sexual fantasies – the carefully crafted details give it away: “A real-life description to me would be a rape victim, brutally raped, savaged. The girl was a virgin. She was religious. She planned on saving her virginity until she was married. She was brutalized and raped, sodomized as bad as you can possibly make it, and is impregnated. I mean, that girl could be so messed up, physically and psychologically, that carrying that child could very well threaten her life.”  The comments also reveal the truth about why this is called a “War on Women.” These men clearly do not respect women, nor see them as a human being like themselves. The darling of Western theology St. Augustine has contributed to this misogyny. His beliefs on this issue were so extreme that he considered a man’s erection to be sinful because it did not take place under his conscious control. His solution was to place controls on women to limit their ability to influence men (we all know how well that works): “Thus the woman, but not the man, should veil herself to prevent her from causing this sinful response in the male.” His writings were very influential in the development of Western Christianity, he framed the concepts of original sin and just war:

St. Augustine – “What is the difference whether it is in a wife or a mother, it is still Eve the temptress that we must be aware of in any woman….I fail to see what use woman can be to man, if one excludes the function of bearing children.”  

This issue about the misogyny and the war on women in this country must be addressed. Religious traditions are preaching and teaching intolerance based on religious doctrine from the past where women were considered slaves” (see quote from St. Augustine below). It’s time to come into the 21st century.  St. Augustine is not the only highly regarded theologian who, through the teachings of the Christian church continues to promote the misogyny in the United States. Religious beliefs are the foundation of the platform of oppression and war on women.  To understand the status of women currently and historically, read the quotes belowThese quotes demonstrate why a separation of Church and State is so important to maintain our Constitution:

  • St. Tertullian (about 155 to 225 CE) – Do you not know that you are each an Eve? The sentence of God on this sex of yours lives in this age: the guilt must of necessity live too. You are the Devil’s gateway: You are the unsealer of the forbidden tree: You are the first deserter of the divine law: You are she who persuaded him whom the devil was not valiant enough to attack. You destroyed so easily God’s image, man. On account of your desert even the Son of God had to die.” 
  • Ambrosiaster, On 1 Corinthians 14, 34  – “Women must cover their heads because they are not the image of God . . . How can anyone maintain that woman is the likeness of God when she is demonstrably subject to the dominion of man and has no kind of authority? For she can neither teach nor be a witness in a court nor exercise citizenship nor be a judge-then certainly not exercise dominion.”
  • Martin Luther (1483 to 1546) –  If they [women] become tired or even die, that does not matter. Let them die in childbirth, that’s why they are there.”
  • St. Thomas Aquinas (1224 to 1275 CE) – As regards the individual nature, woman is defective and misbegotten, for the active force in the male seed tends to the production of a perfect likeness in the masculine sex; while the production of woman comes from a defect in the active force or from some material indisposition, or even from some external influence.”
  • St. Augustine, – again (354 to 430 CE) Questions on the Heptateuch, Book I, § 153: – It is the natural order among people that women serve their husbands and children and their parents, because the justice of this lies in (the principle that) the lesser serves the greater . . . This is the natural justice that the weaker brain serve the stronger. This therefore is the evident justice in the relationships between slaves and their masters that they who excel in reason, excel in power.”

In January, 2011, Congress read the 1st Amendment of the United States Constitution:

“Congress shall make no law respecting an establishment of religion, or prohibiting free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceable to assemble, and to petition the Government for a redress of grievance.”

OK, this proves they can read, but they don’t understand what they are reading, or do they? Or maybe they don’t believe it means for everyone, just for them.

Certainly not for women, otherwise this discourse wouldn’t be going on, and I could go back to writing about the inequities in our tax laws. But, the right for women to control their own bodies is a far more important economic issue.

Reality check – today is October  25, 2012 CE, not 354 CE, that was 1658 years ago. Time to come out of the Dark Ages.

Posted in Presidential Race, Uncategorized, War On Women | Tagged , , , , , , , , | Leave a comment

A Mormon Candidate with Binders of Women?


Now I know why Ann flashed that “look” at Mitt when the debate ended last night. Most men have their “little black books” but Mitt has his “binders full of women”. This is the real reason Anne Romney “showed embitterment” as Hill says, “I knew right away who lost this debate,…Ann Romney right after the debate showed embitterment.” Mitt’s secret was out.

These are not the binders that came from a coalition asking Romney (not as Romney lied when he said he asked them)  to consider filling Massachusetts cabinet posts with qualified female candidates. Now the whole world knows about Mitt’s secret binders of women.

Here is what women need to do to be “Mitt Binder Worthy”:

  1. “Trust Me, you don’t need details, just trust me. Even Anne says  trust me”
  2. I must have control of your body. Your reproductive rights are my right.
  3. Believe me when I say to trust me.
  4. My approved method of birth control “trust me, I’ll pull out in time”, otherwise, please review rule #2.
  5. Equal Pay is not important to women. The Lilly Ledbetter Act is not fair to business owners. As a business man, believe me when I say we need to exploit women whenever we can. I will make sure you get home in time to fix dinner. You don’t need equal pay or  health care for your needs.
  6. Women are special. I didn’t promote women to partner at Bain or appoint them to  senior advisor agency appointments where they could  make a difference, because it’s important that you get home in time to fix dinner.
  7. You don’t need Planned Parenthood.  Remember Rule #2. Just go to the emergency room for that other “female” stuff.
  8. Ladies – don’t get old. This is how you will stay out of poverty. If women didn’t age, they could avoid being in extreme poverty, like the 17 million women in America who didn’t listen to me.
  9. My tax policy? Review rule #1
  10. I have a detailed plan that will slash taxes by 20 percent for everyone; bring down gas prices; balance the budget; create 12 million jobs; fight a war with Iran; expand the military, and get rid of the deficit – all in my first year as President. My 5 point Plan is called “Trust Me” The title explains all the details. You people don’t deserve any more information.
Posted in Presidential Race, War On Women | Tagged , , , , , , , , , | 2 Comments

PEOPLE OF THE LIE


Lies, lies and more lies.  Another email arrived recently from someone I know to be a loving person of integrity,  calls them self a Christian, and practices Christian principles.  This particular email was about President Obama suspending National Prayer Day. Sadly, the email is full of lies. In July, another friend forwarded an email from the GOP government website saying the middle class would be paying for the Affordable Care Act with a 3.8 percent tax on all real estate. All lies. I wrote about this in “A Half Truth is a Whole Lie” – Or is it Propaganda?“.

The tragedy of the bombing in Libya and Romney’s response puts this in a much broader perspective. The Romney campaign saw an opportunity to promote its own lie spinning the “Obama-Apologizes-For-America” narrative with the bombing in Libya. One lie Romney has made repeatedly is President Obama “went around the world and apologized for America”.  Just because you keep repeating a false statement/lie doesn’t make it true Mitt.  This is willful militant ignorance, and to use this tragedy in Libya is immoral.

I am putting in the dictionary definition of “Lie” since our media doesn’t seem to know what to call the spin:

Lie: Noun

  1. a false statement made with deliberate intent to deceive; an intentional untruth; a falsehood.
  2. something intended or serving to convey a false impression.
  3. an inaccurate or false statement.

” You shall know the truth, and the truth shall make you free”.

If the truth sets you free, what does telling lies do?

With the help of main-stream media, a lie isn’t a lie anymore.  We have entered the “Post-Truth Age” where political players lie, where pundits lie, where the media lie, where individuals lie passing around emails full of partisan lies disguising their personal opinions with lies they call truth.  We prefer to white wash the truth, tell a half lie, or an outright lie or create a jazzy new way to spin a lie.  A favorite of both parties is to selectively edit audio tape and create sound bites made to order. As Mitt  Romney pollster Neil Newhouse said in late August, “We’re not going to let our campaign be dictated by fact-checkers.”   He gets points for telling the truth!

A TV ad for Romney opens with “When a president doesn’t tell the truth, how can we trust him to lead?” So, what about the republican presidential candidate lying to become  president? I am still trying to understand why its OK for Romney to lie, but not Obama. Fifteen Pants on Fire for Mitt Romney. President Obama has told some lies of his own,  six  rate as “Pants on Fire!”

Our country is in serious trouble. If Mitt cared to articulate specific plans,  presenting details would help us understand why we might want to vote for him. Vagueness, lies and “trust me” aren’t cutting it. As the Wall Street Journal said “The GOP candidate just might try explaining his policies. Just a thought.” Like any successful, experienced CEO  would do if he was hammering out a business deal, or maybe all he said to his partners was “Trust me, just sign here.” Really, Harry Reid said that’s how Mitt does all his deals.

Paul Ryan, who for 14 years voted for all the bills which piled on the enormous debt our country now has, is blaming Obama for all the votes that he, Ryan, and every member of Congress made to spend that money. How does Ryan make President Obama responsible for his actions? By the lies Ryan tells. “He made me do it Mom.” Ryan also voted for the Bush tax cuts, so he voted for reducing revenues and increasing spending, not President Obama. Paul Ryan has his own “Pants on Fire” Ratings too. Many people forget Congress is the body of elected officials who vote and pass budget bills, not the President. Again, someone please tell this to John Boehner,  I heard him again today saying there is nothing he can do, it’s all “Obama’s fault”. If you’re interested in more lies, “Mitt Romney tells 533 lies in 30 weeks, Steven Benen documents them.”

The writer and psychiatrist M. Scott Peck thought that the primary root of most human evil is ‘malignant narcissism’ and further characterized it as ‘militant ignorance’. After reading an article on Reader Supported News last night Romney Got Osama bin Laden?  “15 percent of registered Republicans in Ohio think Willard Romney deserves more credit for killing Osama bin Laden than does the president. Another 47 percent aren’t really sure who does. In North Carolina, 29 percent of them give the credit to Romney while a whopping 56 percent of them find it too difficult to answer the question of whether the credit should go to the guy who actually gave the order, or to the guy who forgot to mention the troops in his acceptance speech not long ago.”  Some pretty  deliberate willful ignorance going on.

According to Dr. Peck, an evil person (from Wikipedia):

  • Is consistently self-deceiving, with the intent of avoiding guilt and maintaining a self-image of perfection
  • Deceives others as a consequence of their own self-deception
  • Projects his or her evils and sins onto very specific targets (scapegoats) while being apparently normal with everyone else (“their insensitivity toward him was selective” (Peck, 1983/1988, p 105[7]))
  • Commonly hates with the pretense of love, for the purposes of self-deception as much as deception of others
  • Abuses political (emotional) power (“the imposition of one’s will upon others by overt or covert coercion” (Peck, 1978/1992, p298[6]))
  • Maintains a high level of respectability, and lies incessantly in order to do so
  • Is consistent in his or her sins. Evil persons are characterized not so much by the magnitude of their sins, but by their consistency (of destructiveness)
  • Is unable to think from the viewpoint of their victim (scapegoat)
  • Has a covert intolerance to criticism and other forms of narcissistic injury

Does that sound like anyone you know?

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Will Baby Making Machines Have Rights under the Human Life Amendment?


With Paul Ryan having an Akin moment, saying that “I’m very proud of my pro-life record, and I’ve always adopted the idea that, the position that the method of conception doesn’t change the definition of life,” Ryan explained. “But let’s remember, I’m joining the Romney-Ryan ticket. And the president makes policy.”

The possibility of Romney and Ryan being elected  ought to scare the you-know what out of you  if you are a woman of child-bearing age. And the  men who love and respect their daughters, grand daughters, sisters, wives, mothers, nieces and aunts.  If Romney and Ryan are elected and sign into law their “Human Life Amendment” outlawing abortion in every circumstance, we will have  an ideological take over of women’s bodies.

What rights will Baby Making Machines have?

If a law is passed that says the United States government recognizes that life begins at conception, here are some interesting things to consider about the reality of less government by government mandate.  Since the Republicans clearly believe we cannot figure out ethical or moral behaviors ourselves, there will be more and more morally mandated laws to regulate us. Even though they say don’t believe in them, they will do it anyway. They are firm believers in the practice of hypocrisy.

How long before woman are obligated BY LAW to do everything they can to protect the other life inside theirs than cannot be supported with out them.

  •  What will happen if a woman is caught smoking, while pregnant?
  • What about drinking or doing drugs?
  • What about eating junk food?
  • What happens if she can’t afford health insurance and have all the tests necessary to see if they fetus is healthy?

What happens if the woman’s body ( for what ever reasons)  has a miscarriage or spontaneous abortion? Will she be tried for murder? Baby slaughter? If the GOP doesn’t believe a silly little thing like having your body and spirit raped leaving you with emotional or physical scars, I can only image how they will deal with a woman who could let her own body do such a crazy thing.

As I’m re-reading this, I am thinking how absolutely insane this sounds. But it would be crazy not to consider these possibilities.

I  just don’t get it…… Americans complain and protest about how they don’t want their government telling them how to diet and exercise, what vaccinations their children have to get, and  what health care they have to get.  But when it comes  to a woman’s choice and her mental sanity, her body, or even her financial well-being, these very same Americans want the government telling her she has to keep the pregnancy and like it? Land of the free, home of the insane.

Once we rape and violate our constitution with an amendment that denies the rights of one party for another’s, we will go down that slippery slope  of destruction of our basic rights like a bat out of hell.   Just look at the Patriot Act.

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