Never pass up a chance to sit down or relieve yourself. -old Apache saying

Sunday, November 27, 2011

What caused ... ?

... the financial crisis of 2008?

What caused the financial crisis? The Big Lie goes viral.
by Barry Ritholtz

...One group has been especially vocal about shaping a new narrative of the credit crisis and economic collapse: those whose bad judgment and failed philosophy helped cause the crisis.

Rather than admit the error of their ways — Repent! — these people are engaged in an active campaign to rewrite history. They are not, of course, exonerated in doing so. And beyond that, they damage the process of repairing what was broken. They muddy the waters when it comes to holding guilty parties responsible. They prevent measures from being put into place to prevent another crisis.

Here is the surprising takeaway: They are winning. Thanks to the endless repetition of the Big Lie.

A Big Lie is so colossal that no one would believe that someone could have the impudence to distort the truth so infamously. There are many examples: Claims that Earth is not warming, or that evolution is not the best thesis we have for how humans developed. Those opposed to stimulus spending have gone so far as to claim that the infrastructure of the United States is just fine, Grade A (not D, as the we discussed last month), and needs little repair.

Wall Street has its own version: Its Big Lie is that banks and investment houses are merely victims of the crash. You see, the entire boom and bust was caused by misguided government policies. It was not irresponsible lending or derivative or excess leverage or misguided compensation packages, but rather long-standing housing policies that were at fault.

(In short) Congress radically deregulated the financial sector, doing away with many of the protections that had worked for decades. Congress allowed Wall Street to self-regulate, and the Fed turned a blind eye to bank abuses.

read the rest here. Repetition is the key to learning, and deceit has become part of the fabric of this country.

Saturday, November 26, 2011

This Week in God

Another installment of "This Week in God" by Steve Benen at The Washington Monthly.

This Week In God

by Steve Benen

First up from the God Machine this week is a Thanksgiving-related news story, which had some conservatives pretty worked up this week.

Here, for example, was the American Family Association’s Bryan Fischer warning American consumers about the scourge of Muslim turkeys:

“I want to talk a little bit about Butterball turkeys. And I want to let you know [that] every single Butterball turkey sold in the United States of America has been sacrificed to Allah.

“Every single turkey that Butterball sells has been ritually slaughtered according to Islamic practice and has had an Islamic prayer prayed over that bird while it is being slaughtered.”

Anti-Muslim blogger Pamela Geller was also outraged by the prospect of “stealth halal turkeys” on dining room tables nationwide.

“Across this great country, on Thanksgiving tables nationwide, infidel Americans are unwittingly going to be serving halal turkeys to their families this Thursday. Turkeys that are halal certified — who wants that, especially on a day on which we are giving thanks to G-d for our freedom? I wouldn’t knowingly buy a halal turkey — would you? Halal turkey, slaughtered according to the rules of Islamic law, is just the opposite of what Thanksgiving represents: freedom and inclusiveness, neither of which are allowed for under that same Islamic law.”

Geller went so far as to call for a boycott of Butterball, while Fischer wants right-wing activists to pressure the company on this.

What in the world are these folks talking about? Well, it turns out that Butterball slaughters its turkeys in a pretty standard way, but that method happens to coincide with Jewish and Muslim dietary laws regarding food preparation. It allows Butterball to appeal to Jewish consumers who want to eat kosher, observant Muslims consumers, as well as everyone else who might want to buy a turkey. The company isn’t promoting or favoring one religion; it’s just trying to sell its product to as diverse an audience as possible. It’s about capitalism, plain and simple.

Right-wing hysterics notwithstanding, there’s just nothing for sane people to get excited about here. The turkeys themselves, in all likelihood, probably aren’t religious, and there’s nothing about their slaughter that associates them with any specific faith tradition.

This is just about some bigots who’ve decided that even turkeys at Thanksgiving should be turned into a culture-war squabble.

Also from the God Machine this week:

* The latest research from the Pew Research Center suggests Mitt Romney’s Mormon faith may affect his chances in the GOP primaries, but even conservatives who hate Mormons would vote for him over President Obama.

* Officials in Denmark are eyeing changes to the country’s marriage laws, and want to allow “same-sex couples to get married in formal church weddings, instead of the short blessing ceremonies that the state Lutheran Church currently offers.” (thanks to R.P. for the tip)

* Psychology researchers at the University of British Columbia have found that atheists are “among the least liked people … in most of the world,” and believe the animosity is driven by a lack of trust. (Can't trust atheists?! Have you seen the Republican candidates for President?!)

* In Ohio, seven members of the so-called “Bergholz Clan,” a cult-like breakaway Amish group, were arrested by FBI agents this week, charged with “violating the Hate Crimes Prevention Act in connection with a string of beard-cutting incidents.”

Maybe Steve went to print too soon for this one:

Obama Thanksgiving Address: Conservatives Upset By Lack Of God Mention

Some conservatives are annoyed that President Obama did not mention God during a short Thanksgiving address he made on Thursday. (Watch below.)

ABC News reports that multiple conservative columnists wrote about what they perceived as an oversight on the president's part. Sherman Frederick at The Las Vegas Review-Journal chided, "Somebody ought to remind Obama (and his speechwriter) that when Americans sit down around a meal today and give thanks, they give thanks to God."

Fox News columnist Todd Starnes complained that the president's "remarks were void of any religious references although Thanksgiving is a holiday traditionally steeped in giving thanks and praise to God."

And the Los Angeles Times reports that right-wing corners of Twitter were abuzz over Obama's failure to get religious, with many retweeting Starnes' headline: "Obama Leaves God Out of Thanksgiving Address."

Conservative commentator Ben Shapiro didn't hold back, tweeting:

"Unreal that Obama doesn't mention God in Thanksgiving message. Militant atheist. To whom does he think we are giving thanks?"

In his speech, which clocked in at just over three minutes, Obama delivered a simple holiday message. He said that he and his family, like many Americans, would spend the day "eating great food, watching a little football, and reflecting on how truly lucky we are." He went on to thank military service members who were "eating Thanksgiving dinners far from your families" and Americans who "are taking time out of their holiday to serve in soup kitchens and shelters...this sense of mutual responsibility, the idea that I'm my brother's keeper, that I'm my sister's keeper, has always been part of what makes our country special." He also acknowledged America's tough economic climate and its persistent political gridlock, offering hope that things could improve.


Original.

Friday, November 25, 2011

Here Comes Trouble

Finished another book, this one is Michael Moore's latest, "Here Comes Trouble." Another great read.

It's composed of about 20 short essays, all written by Michael about something in his past. It's fascinating that Michael was involved in so many pivotal moments of our time. I had no idea.

If you like Michael Moore, you will LOVE this book. If you don't like Michael but you are broad-minded anyway (what are the odds?), read this book and you will gain some respect for the guy. Unless you're a hopelessly creeped-out fundmentalist zombie, perhaps. If so, go back to your cave.

Tax the Crazy?


Tuesday, November 22, 2011

Fox News=duh

According to a recent study, Fox News Viewers Know Less Than People Who Don't Watch Any News.

My suspicions have been confirmed! The more you watch Fox News, the stupider you get! Turn on the TV and turn OFF your mind!!

Unfortunately, my father has been watching Fox News for years now. I hope the Fox Effect is not irreversible. There is no law in the US that says you have to tell the truth, and Murdoch and Fox take full advantage of it.


Fox News Viewers Know Less Than People Who Don't Watch Any News: Study

Fox News viewers are less informed than people who don't watch any news, according to a new poll from Fairleigh Dickinson University.

The poll surveyed New Jersey residents about the uprisings in Egypt and the Middle East, and where they get their news sources. The study, which controlled for demographic factors like education and partisanship, found that "people who watch Fox News are 18-points less likely to know that Egyptians overthrew their government" and "6-points less likely to know that Syrians have not yet overthrown their government" compared to those who watch no news.

Overall, 53% of all respondents knew that Egyptians successfully overthrew Hosni Mubarak and 48% knew that Syrians have yet to overthrow their government.

Dan Cassino, a political science professor at Fairleigh Dickinson, explained in a statement, "Because of the controls for partisanship, we know these results are not just driven by Republicans or other groups being more likely to watch Fox News. Rather, the results show us that there is something about watching Fox News that leads people to do worse on these questions than those who don’t watch any news at all."

This isn't the first study that has found that Fox News viewers more misinformed in comparison to others. Last year, a study from the University of Maryland found that Fox News viewers were more likely to believe false information about politics.

We are not surprised!

remember

remember

deja vu

deja vu

indeed

indeed

Probably

Probably

Delete Fox "News"

Delete Fox "News"

Smells really bad

Smells really bad

Applies to Trump

Applies to Trump

Trump is the enemy

Trump is the enemy

2024 Election

2024 Election

$132 billion

$132 billion

Remember

Remember

too true

too true

Didn't realize the GOP hated America so much.

Didn't realize the GOP hated America so much.