Oct 5, 2008 | 12:41 PM
Category:
News
Here's a small bit:
"There were no fireworks so a lot of people probably
missed it. We even forgot to mention it here on The Swamp when it
happened though we saw the reports. Anyway, on the last day of
September, the national debt hit $10 trillion plus.
President Bush signed legislation in July that raised the debt
ceiling to $10.615 trillion. Meanwhile, the financial bailout
legislation passed by the Senate last night would raise the debt
ceiling further to $11.315 trillion.
Here's something else worth knowing. The gross national debt as a
percentage of the gross domestic product has, under the Bush
Administration, hit a 50-year high. The following two charts illustrate
the trend nicely:"
http://www.swamppolitics.com/news/politics/blog/200
8/10/national_debt_topped_10_trilli.html
10 Trillion and counting.....
MoonOwl
Oct 3, 2008 | 6:45 AM
Category:
News
In my daily surfs I come across all sorts of stuff. Some turns out to be true and some turns out to be bunk. I came across this one and thought I'd post it. I've heard that 03/09 is the date for the "Amero" to make its debut. If that itself isn't bunk. But this one I just had to share w/all the hubris about the "Rescue Plan" Here's a bit :
US Ships 800 Billion AMEROS to China; Prepares to De-Monetize the US Dollar
The US Secretary of the Treasury has informed the China Development
Bank that the US has shipped $800 Billion of a new currency called the
Amero, which is to be based upon the merging of the economies of The
United States, Mexico and Canada into what is termed as The North
American Union.
The current American debt obligation to China, currently based on
the US Dollar, is now estimated to be the staggering sum of $2.5
Trillion, and which this new Amero will be exchanged for $400 Billion
of this debt as the current American currency is set to be devalued by
50 percent before the end of the year.
http://halturnershow.blogspot.com/2008/10/us-ships-
800-billion-ameros-to-china.html
Shall we all hope this is just another bunch of bunk? I guess we'll know soon enough.
MoonOwl
:
Sep 29, 2008 | 11:43 AM
Category:
News
Here's one for mmustangg. A bit:
When a Democratic takeover of Congress put
Christopher Dodd
in charge of the powerful Senate Banking Committee, Connecticut's
senior senator eagerly met with reporters, outlining his generally
pro-industry positions, but pledging to put consumers — and the
long-term health of the economy — first.
"At the end of my tenure on this committee," Dodd said in early
2007, "I want it to be said that the safety and soundness of our
financial institutions was not weakened on my watch."
A year and a half later, Dodd acknowledges that the nation's finances
are in an "economic maelstrom." And while Washington engages in an
urgent search for after-the-fact fixes, there is also plenty of
finger-pointing, and there are enduring questions about whether
campaign cash — millions and millions in campaign cash — blinded Dodd
and other overseers to the excesses of industry.
http://www.courant.com/news/politics/hc-dodd0929.artse
p29,0,3321771.storyAs of right now, the bail out has failed.
All responsible for creating the need for the bailout should be held to account. Which ever side of the aisle they reside.
MoonOwl
Sep 29, 2008 | 10:46 AM
Category:
News
Here's a bit:
"On Wednesday, the House passed a mammoth defense bill by a 392-39
vote. It's expected to clear the Senate with little difficulty next
week.
It was part of a trillion-dollar stop-gap measure to keep
programs running through next March, allowing lawmakers to skip town
without passing a final budget. The Associated Press reports,
"The legislation came together in a remarkably secret process that
concentrated decision-making power in the hands of a few lawmakers."
In
keeping with the tradition of recent years, Bush held a gun to his own
head and threatened to pull the trigger if his demands weren't met.
According to the AP,
"To earn President Bush's signature rather than a veto, House and
Senate negotiators dropped several provisions he opposed. They include
a ban on private interrogators in U.S. military detention facilities
and what would have amounted to congressional veto power over a
security pact with Iraq."
In other words, Congress also
maintained recent tradition, swearing not to give Bush a blank check
and then whipping out their pens and signing a blank check."
http://www.alternet.org/workplace/100524/wi
th_all_eyes_on_the_bailout%2C_house_passes_trillion-dol
lar_defense_bill/MoonOwl
Sep 28, 2008 | 3:39 PM
Category:
News
Here it is. The Ciip of Rep. Burgess speaking is at the link:
Rep. Michael Burgess (R-TX) reports from the floor of the House that
the Republicans have been cut out of the process and called unpatriotic
for not blindly supporting the fraudulent bailout. He says the only
debate has been about what talking points to use on the American people. The most ominous revelation is when he claims the Speaker has declared martial law.
“I have been thrown out of more meetings in this capital in the
last 24 hours than I ever thought possible, as a duly elected
representative of 825,000 citizens of north Texas.” Said Congressman Burgess.
Burgess asks the Speaker of the House to post the bailout bill on
the internet for at least 24 hours instead of passing the largest piece
of legislation in US financial history in the “dark of night.”
The most frightening part of Rep. Burgess’ one-minute floor speech is when he says, “Mr. Speaker I understand we are under Martial Law as declared by the speaker last night.”
http://www.dailynewscaster.com/2008/09/28/rep-m
ichael-burgess-we-are-under-martial-law/
Say What? Where? In DC? Nationwide? Rep. Burgess doesn't sound like he's joking. Misinformed perhaps? Just in time for the Army to hit the streets?
Interesting. I guess if he's indeed correct, we'll know by tomorrow?
MoonOwl
Sep 23, 2008 | 8:40 AM
Category:
News
Here's a bit:
WASHINGTON -- Automobile-finance companies lead a growing list of
liquidity-starved industries trying to get in on the huge government
rescue plan targeted originally at cleaning up bad mortgage bets.
As Congress crafts a $700 billion federal government plan to buy up
financial companies' troubled assets, auto-finance-company lobbyists
are pressing for specific language including them in the plan,
according to a lobbyist for one of the Big Three auto makers.
Other businesses, such as student and credit-card lenders, also
could eventually access the program. To permit that, House and Senate
versions of the bill written overnight -- with lobbyist input -- now
include language broadening the types of assets eligible for sale under
the plan, from "mortgage-related" to "troubled assets." The bill now
goes by the acronym TARP, for Troubled Asset Relief Program.
http://online.wsj.com/article_email/SB1222128510994
65403-lMyQjAxMDI4MjIyMzEyMjM4Wj.html
Here they come....
MoonOwl
Sep 12, 2008 | 10:47 AM
Category:
News
Here's a bit of an article I found and thought I'd post it here instead of continually dragging another blog off topic:
"According to the Mat-Su Valley Frontiersman newspaper,
Emmons did not mince words when Palin asked her "how I would deal with
her saying a book can't be in the library" on Oct. 28, 1996, in a week
when the mayor had asked department heads for letters of resignation.
"She asked me if I would object to censorship, and I replied 'Yup',"
Emmons told a reporter. "And I told her it would not be just me. This
was a constitutional question, and the American Civil Liberties Union would get involved, too."
The Rev. Howard Bess, a liberal Christian preacher in the nearby
town of Palmer, said the church Palin and her family attended until
2002, the Wasilla Assembly of God, was pushing to remove his book from
local bookstores.
Emmons told him that year that several copies of "Pastor I Am Gay" had disappeared from the library shelves, Bess said.
"Sarah brought pressure on the library about things she didn't
like," Bess said. "To believe that my book was not targeted in this is
a joke."
Other locals said the dust-up had been blown out of proportion.
"That was many years ago and Sarah never had any intention to ban
books," said David Chappel, who served as Palin's deputy mayor for
three years. "There were some vocal people in the minority, and it
looks like they're still out there.""
http://news.yahoo.com/s/ap/20080912/ap_on_el_pr/palin_
librarianSounds like a bit more than just wanting to know the procedure of banning books. But, I'm a peabrain so what do I know...
MoonOwl
Aug 29, 2008 | 7:56 AM
Category:
News
I came across this article below, and remembered when I posted this topic here back in March of 07:
http://tinyurl.com/6bnykh so I thought I'd update w/a bit of this interesting article:
"Since I posted on April 28 the article
“Is There an Army Cover Up of the Rape and Murder of Women Soldiers,”
the deaths of two more U.S. Army women in Iraq and Afghanistan have
been listed as suicides—the Sept. 28, 2007, death of 30-year-old Spc.
Ciara Durkin and the Feb. 22, 2008, death of 25-year-old Spc. Keisha
Morgan. Both “suicides” are disputed by the families of the women.
Since April 2008, five more U.S. military women have died in Iraq—three
in noncombat-related incidents. Ninety-nine U.S., six British and one
Ukrainian military women and 13 U.S. female civilians have been killed
in Iraq, Kuwait and Bahrain, as well as probably hundreds of thousands
of Iraqi women and girls. Of the 99 U.S. military women, 64 were in the
Army active component, nine in the Army National Guard, seven in the
Army Reserve, seven in the Marine Corps, nine in the Navy and three in
the Air Force. According to the Department of Defense, 41 of the 99
U.S. military women who have been killed in Iraq died in
“noncombat-related incidents.” Of the 99 U.S. military women killed in
the Iraq theater, 41 were women of color (21 African-Americans, 16
Latinas, three of Asian-Pacific descent and one Native American—data
compiled from the Web site www.nooniefortin.com).
http://tinyurl.com/6pfak2MoonOwl
Jul 16, 2008 | 7:33 PM
Category:
News
Here's a bit:
"The US plans to establish a diplomatic presence in Tehran for the
first time in 30 years as part of a remarkable turnaround in policy by
President George Bush.
The Guardian has learned that an
announcement will be made in the next month to establish a US interests
section - a halfway house to setting up a full embassy. The move will
see US diplomats stationed in the country.
The news of the
shift by Bush who has pursued a hawkish approach to Iran throughout his
tenure comes at a critical time in US-Iranian relations. After weeks
that have seen tensions rise with Israel conducting war games and
Tehran carrying out long-range missile tests, a thaw appears to be
under way.
The White House announced yesterday that William
Burns, a senior state department official, is to be sent to Switzerland
on Saturday to hear Tehran's response to a European offer aimed at
resolving the nuclear standoff.
Burns is to sit at the table
with Iranian officials despite Bush repeatedly ruling out direct talks
on the nuclear issue until Iran suspends its uranium enrichment
programme, which is a possible first step on the way to a nuclear
weapon capability."
http://www.guardian.co.uk/world/2008/jul/17/usa.iran
a>
Interesting...
MoonOwl
Jul 16, 2008 | 9:40 AM
Category:
News
Here's a bit:
"The title of the House committee report sums up what happened: “Die
or Give Up Trying: How Poor Contractor Performance, Government
Mismanagement and the Erosion of Quality Controls Denied Thousands of
Disabled Veterans Timely and Accurate Retroactive Retired Pay Awards.”
The
report by the majority staff of the House Oversight and Government
Reform domestic policy panel, released Tuesday, concluded that at least
28,283 disabled retirees were denied retroactive pay awards because
rushed efforts to clear a huge backlog of claims led program
administrators to stop doing quality assurance checks on the claims
decisions.
And of the original 133,057 potentially eligible
veterans, 8,763 died before their cases could be reviewed for
retroactive payments, according to the report."
http://www.airforcetimes.com/news/2008/07/military
_concurrent_receipt_071508/
*bangs head*
MoonOwl
Jun 25, 2008 | 6:23 AM
Category:
News
Here's a bit:
"WASHINGTON
(MarketWatch) -- The price of retail gasoline could fall by half, to
around $2 a gallon, within 30 days of passage of a law to limit
speculation in energy-futures markets, four energy analysts told
Congress on Monday.
Testifying to the House Energy and Commerce Committee, Michael Masters
of Masters Capital Management said that the price of oil would quickly
drop closer to its marginal cost of around $65 to $75 a barrel, about
half the current $135.
Fadel Gheit of
Oppenheimer & Co., Edward Krapels of Energy Security Analysis and
Roger Diwan of PFC Energy Consultants agreed with Masters' assessment
at a hearing on proposed legislation to limit speculation in futures
markets.
Krapels said that it
wouldn't even take 30 days to drive prices lower, as fund managers
quickly liquidated their positions in futures markets.
"Record oil
prices are inflated by speculation and not justified by market
fundamentals," according to Gheit. "Based on supply and demand
fundamentals, crude-oil prices should not be above $60 per barrel.""
http://www.marketwatch.com/news/story/gas-could-fall-2
-if/story.aspx?guid={2673C102-68E0-41D9-9C9A-10EE2E7239
48}&dist=msr_13Congress act for the benefit of WeThePeople? Pardon me if I don't hold my breath.
MoonOwl
Jun 20, 2008 | 5:33 AM
Category:
News
Here's a bit of this article:
"There is water ice on Mars within reach of the Mars Phoenix Lander, NASA scientists announced Thursday.
Photographic evidence settles the debate over the nature of the
white material seen in photographs sent back by the craft. As seen in
lower left of this image, chunks of the ice sublimed (changed directly
from solid to gas) over the course of four days, after the lander's
digging exposed them.
"It must be ice," said the Phoenix Lander's lead investigator, Peter Smith. "These little clumps completely
disappearing over the course of a few days, that is perfect evidence
that it's ice.""
http://blog.wired.com/wiredscience/2008/06/mars-phoeni
x-tw.htmlKewlBeans!
MoonOwl
Jun 19, 2008 | 7:21 PM
Category:
News
Here's a bit:
"A patient whose skin cancer had spread throughout his body has been
given the all-clear after being injected with billions of his own
immune cells.
Tests revealed that the 52-year-old man's tumours,
which spread from his skin to his lung and groin, vanished within two
months of having the treatment, and had not returned two years later.
Doctors
attempted the experimental therapy as part of a clinical trial after
the man's cancer failed to respond to conventional treatments.
The
man is the first to benefit from the new technique, which uses cloning
to produce billions of copies of a patient's immune cells. When they
are injected into the body they attack the cancer and force it into
remission."
http://www.guardian.co.uk/science/2008/jun/19/canc
er.scienceYay! Good news today!
MoonOwl
Jun 18, 2008 | 5:31 AM
Category:
News
Here's a bit:
"(NaturalNews) A Rhode Island school district has announced a pilot
program to monitor student movements by means of radio frequency
identification (RFID) chips implanted in their schoolbags.
The
Middletown School District, in partnership with MAP Information
Technology Corp., has launched a pilot program to implant RFID chips
into the schoolbags of 80 children at the Aquidneck School. Each chip
would be programmed with a student identification number, and would be
read by an external device installed in one of two school buses. The
buses would also be fitted with global positioning system (GPS) devices.
Parents
or school officials could log onto a school web site to see whether and
when specific children had entered or exited which bus, and to look up
the bus's current location as provided by the GPS device."
http://www.naturalnews.com/023445.htmlIs this a good thing?
MoonOwl
Jun 5, 2008 | 12:50 PM
Category:
News
Here's a bit:
"WASHINGTON (Reuters) - President George W. Bush and his top
policymakers misstated Saddam Hussein's links to terrorism and ignored
doubts among intelligence agencies about Iraq's arms programs as they
made a case for war, the Senate intelligence committee reported on
Thursday.
The report shows an administration that "led the nation to war on
false premises," said the committee's Democratic Chairman, Sen. John
Rockefeller of West Virginia. Several Republicans on the committee
protested its findings as a "partisan exercise."
The committee studied major speeches by Bush, Vice President Dick
Cheney and other officials in advance of the U.S.-led invasion of Iraq
in March 2003, and compared key assertions with intelligence available
at the time.
Statements that Iraq had a partnership with al Qaeda were wrong and unsupported by intelligence, the report said.
It said that Bush's and Cheney's assertions that Saddam was prepared
to arm terrorist groups with weapons of mass destruction for attacks on
the United States contradicted available intelligence.
Such assertions had a strong resonance with a U.S. public, still
reeling after al Qaeda's September 11, 2001, attacks on the United
States. Polls showed that many Americans believed Iraq played a role in
the attacks, even long after Bush acknowledged in September 2003 that
there was no evidence Saddam was involved."
http://www.reuters.com/article/newsOne/idUSN0540864220
080605Interesting read.
MoonOwl