Aero, defense profits buck economic downturn

Reverend Jeremiah Wright appeared on PBS Bill Moyers Journal on Friday night and delivered a knockout punch to the bully-boys in the corporate media. It was an impressive performance that left the political assassins over at FOX News choking on their sausage-rolls. Wright showed that he is neither a fanatic nor an “America hater”; just an extremely well-read and principled man with an unshakable commitment to justice. Wright has also paid his dues; he's an ex-Marine who served in Vietnam when most of his critics were either hiding behind their student deferments or languishing in the "Champagne Unit" of the Texas National Guard. He's earned the right to say whatever he chooses.

"Yes, there have been death threats on both myself and on Pastor Moss. And bomb threats at the church." Reverend Jeremiah Wright on the media's incitement; "Bill Moyers Journal" PBS

The Pentagon cannot be audited because its accounting is so screwed up.

Your link above tells the sordid tale.

From the article:

'In 2006, $258.2 billion of recorded withdrawals and payments from the Army's main account were unsupported. It's as if the Army had submitted multibillion-dollar expense reports without any receipts.'

In the 3Qs of 2007 1.1 TRILLION in accounting entries have not been properly reviewed.

We have the Pentagon waging a home base propaganda campaign to shine this pile of cow dung up mightily.

The talking heads ask about flag pins (made in China).

War is a racket.

http://www.innercitypress.org

CRA: Disparities in California by Bank of America and Countrywide. Federal Reserve defends no-action on sovereign wealth funds' stakes in Citigroup and Merrill Lynch.

Bank Beat: Korean capitulation to HSBC, GE under fire.

UN - Global: WFP's Sheeran Says Speculators Are a Cause of Food Price Crisis, But Has No Suggestions.

Enviro: Exxon Mobil insiders, Occidental sleaze. Bronx: Courthouse demolished, strip mall in its place

Financial Predators Had A Ball
http://www.scoop.co.nz/stories/HL0802/S00269.htm

L.A. Confidential @ 8:

emphasa @ 4:

I wonder what would have happened to those British soldiers if John Adam's communication with them was constantly monitored...?

They'd probably still would have gotten beat. Imperialism goes against all the laws of freedom.

Well, actually, I was referring to the soldiers on trial for the Boston Massacre who John Adams defended as their lawyer. If the brand-new US Government had monitored his communication with them, they probably would have been hanged in a farce trial and a grave miscarriage of justice would have occurred

Diary entry of John Adams concerning his involvement in the Boston Massacre trials:

March 5, 1773:
"I. . .devoted myself to endless labour and Anxiety if not to infamy and death, and that for nothing, except, what indeed was and ought to be all in all, sense of duty. In the Evening I expressed to Mrs. Adams all my Apprehensions: That excellent Lady, who has always encouraged me, burst into a flood of Tears, but said she was very sensible of all the Danger to her and to our Children as well as to me, but she thought I had done as I ought, she was very willing to share in all that was to come and place her trust in Providence.

"Before or after the Tryal, Preston sent me ten Guineas and at the Tryal of the Soldiers afterwards Eight Guineas more, which were. . .all the pecuniary Reward I ever had for fourteen or fifteen days labour, in the most exhausting and fatiguing Causes I ever tried: for hazarding a Popularity very general and very hardly earned: and for incurring a Clamour and popular Suspicions and prejudices, which are not yet worn out and never will be forgotten as long as History of this Period is read...It was immediately bruited abroad that I had engaged for Preston and the Soldiers, and occasioned a great clamour....

"The Part I took in Defence of Cptn. Preston and the Soldiers, procured me Anxiety, and Obloquy enough. It was, however, one of the most gallant, generous, manly and disinterested Actions of my whole Life, and one of the best Pieces of Service I ever rendered my Country. Judgment of Death against those Soldiers would have been as foul a Stain upon this Country as the Executions of the Quakers or Witches, anciently. As the Evidence was, the Verdict of the Jury was exactly right.

"This however is no Reason why the Town should not call the Action of that Night a Massacre, nor is it any Argument in favour of the Governor or Minister, who caused them to be sent here. But it is the strongest Proofs of the Danger of Standing Armies."

.

emphasa @ 11:

L.A. Confidential @ 8:

emphasa @ 4:

I wonder what would have happened to those British soldiers if John Adam's communication with them was constantly monitored...?

They'd probably still would have gotten beat. Imperialism goes against all the laws of freedom.

Well, actually, I was referring to the soldiers on trial for the Boston Massacre who John Adams defended as their lawyer. If the brand-new US Government had monitored his communication with them, they probably would have been hanged in a farce trial and a grave miscarriage of justice would have occurred

Diary entry of John Adams concerning his involvement in the Boston Massacre trials:

March 5, 1773:
"I. . .devoted myself to endless labour and Anxiety if not to infamy and death, and that for nothing, except, what indeed was and ought to be all in all, sense of duty. In the Evening I expressed to Mrs. Adams all my Apprehensions: That excellent Lady, who has always encouraged me, burst into a flood of Tears, but said she was very sensible of all the Danger to her and to our Children as well as to me, but she thought I had done as I ought, she was very willing to share in all that was to come and place her trust in Providence.

"Before or after the Tryal, Preston sent me ten Guineas and at the Tryal of the Soldiers afterwards Eight Guineas more, which were. . .all the pecuniary Reward I ever had for fourteen or fifteen days labour, in the most exhausting and fatiguing Causes I ever tried: for hazarding a Popularity very general and very hardly earned: and for incurring a Clamour and popular Suspicions and prejudices, which are not yet worn out and never will be forgotten as long as History of this Period is read...It was immediately bruited abroad that I had engaged for Preston and the Soldiers, and occasioned a great clamour....

"The Part I took in Defence of Cptn. Preston and the Soldiers, procured me Anxiety, and Obloquy enough. It was, however, one of the most gallant, generous, manly and disinterested Actions of my whole Life, and one of the best Pieces of Service I ever rendered my Country. Judgment of Death against those Soldiers would have been as foul a Stain upon this Country as the Executions of the Quakers or Witches, anciently. As the Evidence was, the Verdict of the Jury was exactly right.

"This however is no Reason why the Town should not call the Action of that Night a Massacre, nor is it any Argument in favour of the Governor or Minister, who caused them to be sent here. But it is the strongest Proofs of the Danger of Standing Armies."

.

Well I believe the only way we are going to emerge from the SHIT is to innovate, act, and get with it at this point.

The past is the past, there are lessons to learn, but it is NOT going to change the here and now, the present course of decline and apathy.

Check out John McCain's flip flop on Iraq:

VIDEO
http://www.redlasso.com/ClipPlayer.aspx?id=c1090ebf-7400-4228-b8ed-094cf...

OH so all bush can say is.......IT IS THE DEMOCRATIC CONGRESS'S FAULT. Nevermind the billions and billions of taxpayer money that has gone to fight his war, that would be better spent to have helped the American public. Nevermind the billions of dollars wasted in outrageous contracts to "republican" friends and relatives.

I guess this guy must be the person with the biggest balls in the country, cause it sure took a lot to tell us that.

Maybe Warpig will find his "magic wand" right next to the WMDs.

pissed off patricia @ 6:

According to bush this morning, all our country's problems are the result of Congress not doing as told by bush and our failure to drill in ANWR.

Who didn't see this coming? Allow the gas prices to rise so high they choke the American people and then argue that if we drill in ANWR and other places in the US it will fix everything. Sen. Stevens must be jumping up and down in anticipation.

Bush's arguments never make any sense. Even if they started drilling in ANWR today it would possibly be years before that crude oil came online and even then it would have to be transported to a refining facility which are already operating at max capacity. Bush can make those comments but it will change nothing. From what I gather, imports into the United States of finished gasoline products from other nations is on the rise which indicates to me that there is a severe lack of refining capablities in the United States.

Joe O. @ 21:

pissed off patricia @ 6:

According to bush this morning, all our country's problems are the result of Congress not doing as told by bush and our failure to drill in ANWR.

Who didn't see this coming? Allow the gas prices to rise so high they choke the American people and then argue that if we drill in ANWR and other places in the US it will fix everything. Sen. Stevens must be jumping up and down in anticipation.

Bush's arguments never make any sense. Even if they started drilling in ANWR today it would possibly be years before that crude oil came online and even then it would have to be transported to a refining facility which are already operating at max capacity. Bush can make those comments but it will change nothing. From what I gather, imports into the United States of finished gasoline products from other nations is on the rise which indicates to me that there is a severe lack of refining capablities in the United States.

I might also add that there is that big find in the gulf of Mexico that everyone was cheering about. Yet, no one seems to be interested in that find which includes bush, why? I'd say the reason for that is because the technology does not exist to get it yet. From a rough estimate that find is below 7,000 feet of water and another mile or two below the earth at the bottom of the Gulf's floor. Maybe they could put in a huge straw?

Dr. Acula @ 24:

Joe O. @ 21:

pissed off patricia @ 6:

According to bush this morning, all our country's problems are the result of Congress not doing as told by bush and our failure to drill in ANWR.

Who didn't see this coming? Allow the gas prices to rise so high they choke the American people and then argue that if we drill in ANWR and other places in the US it will fix everything. Sen. Stevens must be jumping up and down in anticipation.

Bush's arguments never make any sense. Even if they started drilling in ANWR today it would possibly be years before that crude oil came online and even then it would have to be transported to a refining facility which are already operating at max capacity. Bush can make those comments but it will change nothing. From what I gather, imports into the United States of finished gasoline products from other nations is on the rise which indicates to me that there is a severe lack of refining capablities in the United States.

I don't think a new oil refinery has come online in approximately 30 years. Please correct me if I'm wrong.

From my understanding, you are correct.

pissed off patricia @ 6:

According to bush this morning, all our country's problems are the result of Congress not doing as told by bush and our failure to drill in ANWR.

Who didn't see this coming? Allow the gas prices to rise so high they choke the American people and then argue that if we drill in ANWR and other places in the US it will fix everything. Sen. Stevens must be jumping up and down in anticipation.

Bush chides Congress for lack of action

Of course it's not his fault!

He's the Comander In Chief - he's been busy commandering!

Some really troubling news in this roundup.