Archive for June, 2010

The GOP’s Genetic Link to Big Oil

Posted in Maryland Political News, Economics by Administrator on June 30th, 2010

The GOP’s Genetic Link to Big Oil
Wednesday 30 June 2010

by: Jim Hightower, t r u t h o u t | Op-Ed

If scientists were to compare the DNA of Republican congress-critters and of oil corporations, I’ll bet they’d find that they match perfectly. After all, the two species have identical political instincts and seem to have a natural affinity for each other — so I’m pretty sure they sprang from the same genetic pool.

How else can you explain the remarkable gusher of compassion that Republican lawmakers are presently directing toward Big Oil in general and BP in particular? For example, only hours after winning his party’s nomination for a Kentucky Senate seat, GOP teabag darling Rand Paul was on national TV decrying Barack Obama as “un-American” for daring to demand that BP be held accountable for its human and ecological destruction in the Gulf of Mexico.

Next came Minnesota’s Lioness of Loopiness, Michelle Bachmann, implying that the hard-hit people of the gulf are shiftless moochers who’re using the oil disaster to grab corporate cash. Brimming with tears of compassion, the kooky congresswoman wailed that, “(BP) shouldn’t have to be fleeced and made chumps to have to pay for perpetual unemployment and all the rest.”

And who can ever forget the astonishing public apology to BP’s CEO by the oil-soaked Texas Republican Joe Barton? After Obama had gotten agreement from BP to set aside $20 billion to cover some of the damages it has caused, Barton called Obama’s actions a presidential “shakedown.” He asserted that it made him “ashamed” to live in America, and he obsequiously begged forgiveness from the reckless CEO whose faulty wells killed 11 American workers and continues to do inestimable economic and ecological harm……

Read the rest of this article at
http://www.truth-out.org/jim-hightower-the-gops-genetic-link-big-oil60922

Wall Street Front Group Celebrates Record Success Electing Radical Pro-Corporate, Pro-BP Candidates

Posted in Uncategorized, Economics by Administrator on June 28th, 2010

Wall Street Front Group Celebrates Record Success Electing Radical Pro-Corporate, Pro-BP Candidates

http://thinkprogress.org/2010/06/26/clubforgrowth-radical-sucess/

Roll Call’s John McArdle reported this week that the radical Wall Street front group “Club for Growth” is “celebrating” a near perfect winning streak this election cycle so far, especially given the results in run-off elections last Tuesday. The Club is known for running hard-hitting attack ads, especially in Republican primaries, against candidates who would consider raising any form of taxes on the rich or have done anything to hold powerful corporations accountable. Noting the Club’s historic role of purging moderates from the GOP, Rep. Steve LaTourette (R-OH) is quoted in the article calling it the “Spanish Inquisition.”

Chaired by prominent Wall Street investors like Thomas Rhodes and Richard Gilder, as well as the wealthy and reclusive Howie Rich, the Club collects funds from employees of J.P. Morgan Chase and Goldman Sachs, while being buoyed by large donations like a $1.4 million contribution from investor Stephen Jacksons of Stephens Groups Inc. The hand-picked candidates of the Club claim to lead the tea party movement, even though polls show that 70% of self identified tea partiers want the government to help create jobs, and nearly half want government to rein in executive bonuses.

Despite this contradiction, the Club-endorsed primary winners are already tacking to the extreme, pro-corporate right. For example, with BP’s oil disaster in the Gulf of Mexico, Club candidates are rushing to defend the rights of corporations over the rights of the American victims of the catastrophe:

– State Rep. Tim Scott (R-SC), the Club-endorsed candidate to win in the primary run-off for South Carolina’s 1st Congressional District, attacked Democrats for holding hearings to investigate BP’s crimes. In a post on his website, Scott said, “Democratic lawmakers seem to enjoy hauling CEOs before their committees so they can grandstand and condescend to them.”

– Mike Lee (R-UT), the Club-endorsed candidate who won in the primary run-off for the Utah Senate seat, said recently that he wants to keep the low $75 million dollar liability cap for companies like BP. Lee said it would be a “mistake” to raise the liability cap for companies like BP and Anadarko, even if maintaining the status quo leaves “taxpayers on the hook for part of the damage.” Lee said he wanted taxpayers, rather than BP, to pay for the oil spill because the low liability cap was part of a “set of settled expectations that you give to a business when it decides to make an investment.”

– Trey Gowdy (R-SC), the Club-endorsed candidate who defeated incumbent Rep. Bob Inglis (R-SC) in the primary run-off last Tuesday, was asked in a debate last week if he agrees with Rep. Joe Barton’s (R-TX) apology to BP executives. Gowdy recommended that Barton should have “stuck by his guns” and not apologize for apologizing to BP. He then said that the Obama administration should not “use the criminal justice system to extort money” from BP.

– Sharron Angle (R-NV), the Club-endorsed candidate who won in the Nevada Senate primary, told Nevada Newsmakers that in the wake of BP’s spill, the government needs to further deregulate the oil industry.

– Jeff Duncan (R-SC), the Club-endorsed candidate who won the GOP nomination in the South Carolina 3rd Congressional district run-off, closed his campaign by arguing for expanded offshore drilling last week. As one of South Carolina’s most right-wing state lawmakers, Duncan proudly refers to himself as a “states’ rights” politician.

– Mike Pompeo (R-KS), the oil executive and Club-endorsed candidate in Kansas’ 4th Congressional district, said his first reaction to BP’s oil spill was the “fervent hope that Congress doesn’t overreact” and curtail dangerous offshore drilling.

While much has been reported on the impact of the tea parties and their role in elections this year, the true driver for the hard right are corporate front groups like FreedomWorks and the Club for Growth. Using Wall Street cash, these fronts have helped to boost a cadre faux populists who are really just shills for large banks and foreign oil giants like BP. Notably, financial conglomerate J.P. Morgan, which funds the Club, is one of the largest shareholders of BP.

Alliance for American Manufacturing (AAM) town hall & dinner in Delaware

Posted in Uncategorized, Events, Economics by Administrator on June 16th, 2010

The Alliance for American Manufacturing (AAM), a non-partisan partnership of leading U.S. manufacturers and the United Steelworkers.

Every citizen in the state of Delaware, the city of Newark and the surrounding region, no matter what their income, education, position, or political leaning should join us to put the critical need to rebuild a new manufacturing economy on the top of the policy agenda. Economists and the public agree that America must have high-quality jobs if we are to have long term prosperity and save America’s middle class. The solution is to rebuild our manufacturing jobs by seizing the opportunity to make green and sustainable products and meet our infrastructure needs. Now is the time, manufacturing is the solution, and you can help make it happen for our nation.

The United States has lost more than 5 million manufacturing jobs in the past decade, and more than 50,000 factories have closed. Manufacturing is critical to the nation’s economic growth and our lawmakers must take action to grow good American manufacturing jobs. Together we can “Keep it Made in America.”

Executive Banquet & Conference Center
205 Executive Dr.
Newark, DE 19702

Tuesday, June 29
6:00-9:00 pm

Speakers followed by a panel discussion. Written questions will be submitted from the floor.

Complimentary Dinner Will Be Served

WHO: Alliance for American Manufacturing (AAM) & you
WHAT: Delaware Town Hall & free dinner
WHEN: Tuesday, June 29: 6:00-9:00
WHERE: Executive Banquet & Conference Center, 205 Executive Drive, Newark, DE 19702
WHY: “Manufacturing a Solution for America’s Economic Woes” is vital for America today and in the future!

FREE EVENT!

Please RSVP to 866-365-2203
For Information Contact: Gwen Miller 302-283-1330 or Stephen Crockett 443-907-2367.

RSVP is a must. We need an accurate count for the dinner.

Unionists, Environmentalists, Progressives Need to Take Over Democratic Party

Unionists, Environmentalists, Progressives Need to Take Over Democratic Party

It is time to purge the corporatists from the Democratic power structure. The real work of the Democratic Party is done by grassroots activists. These activists are the Democratic Party. They should run it at every level.

This conclusion has become clear in the aftermath of tainted Blanche Lincoln primary victory in Arkansas. It took massive voter disenfranchisement and the intervention of both former President Bill Clinton and President Barack Obama for Lincoln to squeak out a victory.

Obama still has not learned that the Obama Movement that put him in the White House was not really about Obama. It was about a set of progressive policies that constituted “change we can believe in.”

Former President Clinton started the process of going Republican-lite and selling out parts of the Democratic base around specific policy issues. Union members and American workers were shafted by the false promises surrounding “so-called free trade deals.” Poor Americans really suffered from some aspects of his welfare reform ideas. Deregulation helped create media consolidation that gave the corporations excessive control of public policy discussions and American politics.

Hilary Clinton was the driving force behind the most progressive policy goal of the Clinton Presidency which was the failed attempt at healthcare reform. America would have been a much better place if she had been President instead of Bill Clinton. One note of caution in her background was her position at one point on the Wal-Mart Board but her overall political history is solidly progressive.

President Clinton was not a bad on corporate issues as Reagan or both of the Bushes but he was pretty bad for a Democrat. He was not as bad as Senator Blanche Lincoln. Lincoln received more campaign money from Big Oil than any other Senator regardless of political party. She was the leading force in blocking the public option in healthcare reform.

Blanche Lincoln stopped the Employee Free Choice Act from even getting debated on the floor of the US Senate. She has a terrible record on trade policy, environmental protections, tax policy and deregulation. Blanche Lincoln has proven herself the most “corporatist” Senator in the relatively small “corporatist” wing of the Democratic Party.

Union activists, progressives and environmentalists are the majority of foot soldiers that go to battle for Democratic candidates at every level in every community of the nation. Along with civil rights leaders, civil libertarians, peace activists and the progressive Internet community, these activists give more money to elect Democrats than every corporation combined.

The corporations make the big donations and control the mainstream media but their values are really more Republican than Democratic. They value money over people. They value money over traditional American values. They value money over American patriotism. They value money over ethics, honesty and decency. Their values are directly at odds with the core values of the Democratic base.

We need to return to the values of FDR and the New Deal. We need to capture every Democratic Party office and drive out the corporatists. The Democratic Party is a much better institution because we drove out the Southern racist faction (and the northern one) and we need to do the same with the corporatists.

Obama needs to decide if he is going to the leader of this effort or an obstacle. If he elects to be an obstacle, he will not get a second term. If he joins in this populist effort, he might go down in history as an equal to our greatest American President Franklin D. Roosevelt.

With or without Obama, we need to take over every local Democratic Committee, every Democratic club and elect our “real Democrats” to public office. Government is not our enemy as long as it has not been captured by corporations. The US Constitution says we “the people” are the government. Corporations are not people despite the radical Right Wing Supreme Court rulings.

The Tea Party crowd has been captured and in some cases created by corporate forces. They cannot be the populist engine for “change you can believe in” but you and your friends can be that populist engine. Get angry, get active and fight corporatism regardless of political party.

Written by Stephen Crockett (host of Democratic Talk Radio http://www.DemocraticTalkRadio.com and Editor of Mid-Atlantic Labor.com http://www.midatlanticlabor.com) . Mail: 698 Old Baltimore Pike, Newark, Delaware 19702. Email: demlabor@aol.com. Phone: 443-907-2367.

Feel free to publish without prior approval.

Duration of Unemployment in U.S. Rises to Record 34.4 Weeks

Posted in Uncategorized, Economics by Administrator on June 6th, 2010

Duration of Unemployment in U.S. Rises to Record 34.4 Weeks

By Shobhana Chandra

June 4 (Bloomberg) — Unemployed Americans are facing the longest wait on record to find work, a sign faster economic growth is needed to reduce the jobless rate from close to a 26- year high.

The average duration of unemployment jumped to 34.4 weeks in May from 33 weeks the prior month and 16.5 weeks in December 2007, when the recession began, a Labor Department report showed today in Washington. The number of unemployed has almost doubled to 15 million since the start of worst slump since the 1930s.

“We need faster growth, because without it, we won’t get the jobs,” said Henry Mo, an economist at Credit Suisse in New York. “We are working in that direction, but it’ll take a very long time to resolve the long-term unemployment problem. The Federal Reserve acknowledges that the labor market will take time to fully recover.”

Private payrolls rose by 41,000 in May, today’s Labor Department report showed, trailing the 180,000 gain forecast by economists. Including government workers, employment rose by 431,000, boosted by a jump in hiring of temporary census workers. The jobless rate fell to 9.7 percent from 9.9 percent as Americans discouraged by the lack of available jobs dropped out of the labor force.

“If that level of private job creation continues, it will not make a substantial dent in the unemployment rate,” Federal Reserve Bank of Atlanta President Dennis Lockhart told reporters today after a speech in Braselton, Georgia. “It is my view we will make progress on unemployment. Perhaps by the end of 2011, we will be below 9 percent.”

Jobs Lost……….

(read the rest of this article at the link below)

http://www.businessweek.com/news/2010-06-04/duration-of-unemployment-in-u-s-rises-to-record-34-4-weeks.html

Sarah Palin Needs To Act Like An Adult (along with the Media)

Sarah Palin Needs To Act Like An Adult (along with the Media)

I know this will be very difficult for Sarah Palin but she really needs to start acting like an adult instead of a spoiled, hateful child. The media needs to stop enabling her very public temper tantrums!

A writer moves in next door to her Alaskan home and Palin loses it. She riles up her very nasty national following and thousands of hate emails along with a number of death threats follow. The national media largely sided with Palin. The writer is the good guy here not Palin.

As a writer myself, I think it is a very good idea to move next door to any subject of a book you might be writing. You get a real feel for the community where the public figure lives, maybe meet people who know them, learn personal stories and understand the values shaping the person. It is responsible journalism of the highest standard.

Palin’s reaction was extreme and shows clearly why she should never hold high public office. It makes an objective observer wonder what skeletons in her closet she is trying to cover-up. Why is Palin so insecure? Why does Palin think she has the right to select her neighbors? None of the rest of us get to decide who lives in the private property of other people. Does Palin not respect private property rights of others?

Why does Palin think she has the right to intimidate writers and journalists? I realize she is not the brightest bulb in politics but she is a public figure by choice. She ran for Vice President of the United States and has a national cable talk show on Fox News. She is certainly a natural and reasonable subject for a book. As a public figure, she has no right to control what an author writes about her.

Palin’s attempt to intimidate the book author should be condemned by every journalist. However, the media has always been very soft of Palin in my opinion because they do not want to be publicly attacked by her. She has a following that is the nastiest and craziest in American politics.

They first showed up during the 2008 elections at Palin rallies around the nation, shouting some of the vilest things ever in modern American political settings. With the backing of Fox News, they formed the radical core of the Tea Party Movement . They started showing up with guns and Palin never condemned the blatant attempts at physical intimidation of political opponents.

Palin has taken herself and her followers outside the political mainstream of American politics. She does not seem to want writers to look deeply into her life or her following. Considering what a force for darkness and evil in American politics she represents, I understand her desire. What this writer does not understand is why the national media seems to helping her conceal the truth about the political movement she leads.

It is time to stand firmly against the growing political extremism of the Far Right in America. Make no mistake about it. Sarah Palin is not a mainstream politician and is most prominent Far Right leader in America. She is more like Lester Maddox than like Ronald Reagan. Of course, she does not want any writers getting close to her roots in radical Right Alaskan politics and she may have personal scandals she wants concealed.

However, she has no right as a public figure to get her wishes on these matters. It is not unseemly for a writer to get to know the subject of their book even when the subject wants to conceal things. Palin always misuses her family to advance her career and conceal her darker side. Journalists should condemn this pattern instead of condemning their colleagues for doing their job.

Writers should not be getting harassed by Palin’s followers. Death threats have no place in American politics. While saying something is Nazi-like in American politics is usually uncalled for but death threats are Nazi-like. Palin needs to apologize for her actions and statements. She needs to condemn intimidation and death threats from her followers.

Written by Stephen Crockett (Host of Democratic Talk Radio http://www.DemocraticTalkRadio.com) . Mail: 698 Old Baltimore Pike, Newark, Delaware 19702. Email: demlabor@aol.com.

Feel free to publish or reprint in full without prior approval.