THE MONEY PARTY HAS MOVED

http://themoneyparty.org/main/

Attn Peter Daou – Please spare us

Michael Collins

Oh brother! They’ll be coming out of the woodwork, bragging about how right they were. It starts below with this missive from Peter Daou:

“In a word, a handful of liberal bloggers warned you every step of the way for two years: ignore progressive values at your own peril — and ours. Governing on principle is good politics. Trashing your principles because focus groups tell you to do so is bad politics.

“I’ll say this again: If you stand up for your principles, you may lose the election but keep your principles; if you ditch your principles, you’ll lose both.

“Listen to the bloggers who give a damn whether you win or lose. Don’t listen to crusty Beltway pundits who watched your rise with silent disdain and now watch your fall with silent glee.”   Peter Daou, Nov 3, 2010

Here are the facts.

There is just one political party in the United States, The Money Party. There’s the Republican wing, we’ll call them the “crazies”, and the Democratic wing, now known as “the sleepwalkers.” They all work for the same paymasters, the financial elite who thrive on bubbles, scams, and endless war. If you don’t start from that assumption, you haven’t been paying attention.

Why would Obama listen to you or any other “liberal” blogger. First, he’d think that you’re less than serious  for assuming that he’d ever listen. There’s a greater chance that pigs will fly than any politician listening who rises up through this money drenched system. In case you have not noticed, nobody gets to be president unless they’re in the bag of big money.

Obama has continued bailouts, war, and the civil rights violations of the Bush administration. Those are his principles.  Isn’t that a hint that he doesn’t care what liberal bloggers think? The president has even added a new wrinkle – targeting U.S. citizens for assassination once he’s proclaimed them a “terrorist.” Any 8th grader studying the Constitution knows that this is illegal.  This reflects his principles – selective death sentences for citizens without an arrest or trial.  Talk about the tyrannical model of leadership.

Obama’s cabinet choices and other appointments showed his principles – Summers, Geithner, industry flacks running regulatory agencies.  His principles showed when he gave Wall Street a big bonus for screwing up the economy and driving the people down.  His principles showed when he committed the nation to another quagmire.

He did a bait-and-switch.  That’s why the Democrats lost the election.   The people know a hustle when they see it.  They know they’re in trouble.  They know Obama and Company  could care less along with the spineless Democrats who promised change and delivered nothing.

Q: Talk about the role of the opposition party, the Democrats.

Vidal: It isn’t an opposition party. I have been saying for the last thousand years that the United States has only one party—the property party. It’s the party of big corporations, the party of money. It has two right wings; one is Democrat and the other is Republican. Gore Vidal, Aug 2006

11/01 Final 2010 Midterms Forecast: RV/LV Polls and Election Fraud

Here’s the entire set of variables for tomorrows elections, including the ever present fraud factor. Rich has been at this for four years and has an excellent track record. MC

Richard Charnin (TruthIsAll)

The 2010 House and Senate Forecast Models are based on a comprehensive analysis of Registered Voter (RV) and Likely Voter (LV) polls.

The LV Model predicts a 234-201 GOP House and a 50-48 Democratic Senate. Larry Sabato’s Crystal Ball predicts a 233-202 GOP House and a 49-49 Senate. Electoral-vote.com has a 51-48-1 Democratic Senate and a 217-200 GOP House with 18 ties. But the registered voter (RV) projections tell a different story.

The Democrats lead the weighted average of 18 Senate RV polls by 8.5%. They lead the corresponding LV sub-samples by 0.9%.

The RV projections indicate a 53-45 Democratic Senate.

The GOP leads the latest 30 House Generic LV polls by 6.8%. They lead the latest 19 RV polls by just 0.7%.

The RV projections indicate a 221-214 Republican House.

Naked Capitalism on the TARP Special Inspector General’s Report

SIGTARP: HAMP Servicing Abuses Led to Unwarranted Foreclosures
The latest SIGTARP (Special Inspector General of the Troubled Asset Relief Program) report is, if such a thing is possible, even more damning than its previous quarterly reports. It slams the Treasury for abject failure to meet the program’s own objectives, its lack of proper control and metrics, its “Mission Accomplished” declarations, its phony accounting, particularly with regard to AIG, and its abject failure on loan modifications (note one of TARP goals was to preserve homeownership. The Economic Populist has a good summary of the report.

The Revolving Villains – Obama and the Democrats Will Eliminate Social Security Part III

By Jonathryn

That Was a Yes or No Question, Mr. President.

This is part II of a multipart series to demonstrate how everyone in Washington—and one-term President Barack Obama in particular—are telegraphing the fact that they will be gearing up for a major campaign to steal money from Senior Citizens by making drastic changes to “fix” the Social Security program. Part I can be read here. Part II can be read here. (Image)

Today at the top of Atrios’ (Duncan Black’s) website, he writes the question he asked about at a recent blogger conference with one-term President Barak Obama:

Q:   Mine is an easy question. Will you rule out raising the retirement age to 70?

Bait and Switch – Banks as the Scourge of Capitalism

By Numerian posted by Michael Collins

“This breakdown in the debtor-creditor relationship has been entirely of the banks’ making and has been encouraged by powerful interests, including the Federal Reserve, the main regulator of the big banks.”  Numerian

Joe Nocera, financial columnist for The New York Times, had an interesting conclusion to his recent article on Bank of America:

I admit it: I want to see the banks feel some pain. Most people do, I think. Banks did terrible things during the subprime bubble, and they still haven’t paid any real price. I find myself rooting for judges to rule against banks in foreclosure cases. I would love to see these big investors put the serious hurt on Bank of America, which will encourage other investors to pile on. I know this colors my thinking. I can’t help it.

Yet I also know the flip side. If the foreclosure lawyers start winning a lot of cases, if judges halt foreclosures on a widespread basis, if investors start to extract billions upon billions of dollars from the banks — and if banks become seriously weakened as a result — we’ll be right back where we were two years ago. The banks will need to be saved for the good of the economy. The taxpayers will have to come to the rescue. That’s an appalling prospect too.

Banks: We can’t live with them, and we can’t live without them. It stinks, doesn’t it?

This brief flourish of disgust for the banking industry received a lot of attention, almost all of it favorable.  Millions of Americans want to see “serious hurt” put upon the banks, especially the big banks that are in the Too Big To Fail category.  Why do we hate the banks so?

California KOs Corporate Takeover – Heathens Hold the Line

Michael Collins

First published in The Agonist

The corporate takeover of California is on hold according to the latest polls out of the nation’s largest state.  Just nine days before the election, the Los Angeles Times and University of Southern California poll shows a nearly impossible uphill battle for the big business ticket of former eBay CEO Meg Whitman and former HP CEO Carly Fiorina.

Among likely voters in the governor’s race, Brown leads Whitman 50% to 38%.  In the race for United States Senator, two term Senator Barbara Boxer maintained an 8% lead.  The leads by Democrats come from a brand new constituency, those who “never” go to church.  More on that later.

It’s still there, the tragedy and scandal

Too Big to Exist (TBE) – Big Oil
The White House, Big Oil, and the “American Power Act”
Why does Ken Salazar still have a job?
Big Oil – First Nigeria then the World
The Sovereign State of BP – Down for the Count?
The world as crack house
USM, Tulane scientists say oil now in Gulf of Mexico food chain
Ongoing information on the impact – Florida Oil Spill Law

Predictions

Dave Leip’s US Atlas of Presidential Elections

Here’s my prediction for the Senate races.  I see the Democrats holding on to a 54 seat majority.   If this happens, the thing to watch are  the rules for the new Senate.  Will Reid keep to that 60 vote requirement that he’s used to kill any progressive legislation?  Duh, of course he will! 

My predictions don’t matter that much but the Presidential Atlas site is a gem.  You can get data, review past elections, and participate in a forum.  It’s an excellent resource.  The site is without any bias whatsoever.  Dave Liep collects the data and you get real election results., unlike those provided on election night.   A good deal of voting results come in up to a month after the election.    Membership is free, right column.

Existential Question

Do you deserve to die earlier than necessary because we have a manifestly unfair and inefficient health care delivery system? Do your friends and family?

What Changes in Survival Rates Tell Us About US Health Care (Hint, were a cool number 49 in longevity worldwide, just ahead of … Albania !)