This is your Moment of Clarity #215: The banks use something called MERS in order to destroy local land records, avoid taxes, and foreclose on our homes. The truth is slowly coming out about it and people are fighting back.
At the advent of MERS, this bastion of our recordation system was rendered obsolete, to the detriment of every owner of real property in the United States.
Legal experts said last month's decision from the Washington Supreme Court could become a precedent for courts in other states. The case also endorsed the view of other state courts that MERS does not have the legal authority to foreclose on a home.
What would the US Senate be without Elizabeth Warren? She's a national treasure.
WARREN: If we started in 1960 and we said that, as productivity goes up -- that is, as workers are producing more -- then the minium wage was going to go up the same. And if that were the case, the minimum wage today would be about $22 an hour. So my question, Mr. Dube, if the minimum wage is $7.25 an hour, what happened to the other $14.75? It sure didn't go to the worker.
No, it didn't. But the best part is when she very coolly schools a business owner, David Rutigliano, who walks right into her trap.
WARREN: During my Senate campaign, I ate a number 11 at McDonald’s many, many times a week. I know the price on that. $7.19. According to the data on the analysis of what would happen if we raised the minimum wage to $10.10 over three years, the price increase on that item would be about four cents. So instead of being $7.19 it would be $7.23. Are you telling me that’s unsustainable?
BUSINESS OWNER DAVID RUTIGLIANO: Senator Warren, not all restaurants are created equal. I’m in a full service restaurant business. McDonalds has efficiencies and they operate completely differently than I do. I have many jobs, many jobs that pay well above minimum wage. We have a retirement plan. We offer health insurance to our salaried employees. So my business is a little different. I can’t raise a four cent price. I mean I don’t have, I don’t operate like a fast food restaurant. I would hope you appreciate the distinction.
WARREN: I do appreciate the distinction and I’m not going to be in the business of being a McDonald’s representatives but they would talk about having some higher paid jobs and some opportunities for management and advancement as well. But I get your point, maybe it’s only four cents on $7.19. But if your entrees are $14.40 we’ll see how fast I can do the math — are you telling me you can’t raise your prices by eight cents?
Sen. Bernie Sanders was reacting to Loyd Blankfein's comments about how we must cut our safety nets because we can't afford them in his words. This is coming from another wealthy CEO-type that has racked in hundreds of millions of dollars of his own while accepting big bailouts from the federal government.
An interview with Lloyd Blankfein is as rare as a look inside the Goldman Sachs money machine. He showed us one of seven trading floors at his Manhattan headquarters. Goldman is one of America's most successful investment banks. It had net earnings of $4.4 billion dollars last year. When we asked Blankfein how to reduce the federal budget deficit, he went straight for the subject politicians don't want to talk about.
BLANKFEIN: You're going to have to undoubtedly do something to lower people's expectations -- the entitlements and what people think that they're going to get, because it's not going to -- they're not going to get it.
PELLEY: Social Security, Medicare, Medicaid?
BLANKFEIN: You can look at history of these things, and Social Security wasn't devised to be a system that supported you for a 30-year retirement after a 25-year career. ... So there will be things that, you know, the retirement age has to be changed, maybe some of the benefits have to be affected, maybe some of the inflation adjustments have to be revised. But in general, entitlements have to be slowed down and contained.
Sanders: Goldman Sachs CEO Lloyd Blankfein came to Capitol Hill this week to call for cuts in Social Security, Medicare and Medicaid. As Congress and the White House are negotiating a year-end deficit deal, Blankfein sought to “lower people’s expectations” about their retirement and health care. He spoke with all the sympathy for someone struggling to get by on $14,000-a-year retirement that you’d expect from a Wall Street banker paid $16 million last year.
The Weekly Standard prides itself as being a serious right wing publication that's led by Fox News' Bill Kristol. And Bill really loves to use the word serious,too, when he's berating those who don't agree with him as "not serious." Anyway, I don't think I've seen a story about Obama written up in such a false light before that hasn't come from The Gateway Pundit's Jim Hoft.
Obama Berates Journalist After Being Asked About Middle East Failures Tells MSNBC host to be more like Israel press.
President Obama went after MSNBC host Chuck Todd for asking too many questions at a press conference today in Jerusalem, Israel.
Obama told Todd, who had asked about the president's failures to achieve Middle East peace, that he should be more like the Israeli press, and only ask one question. And the president called Todd "incorrigible."
Quick, someone call an ethics panel! What I saw was both President Obama and Netanyahu teasing Chuck Todd about his packing as many questions as he could in a short span of time. When Obama says Todd was incorrigible,it was said in a joking manner. And this story was, at the time I wrote this piece, a lead topic on the WS homepage. Daniel Halper should not be called an editor of any kind after this piece if that's how he sees this interchange.
We say that conservatives have created their own journalistic reality and it's no more evident that in this piece from the Weekly Standard.
I doubt you have forgotten that as Governor, Mark Appalachian Trail Sanford left South Carolina without telling anyone to have a love tryst in Argentina with his hot gal pal. Usually you find pols will at least lie to their spouses about where they are going, but not Sanford.
First lady Jenny Sanford told The Associated Press earlier Monday her husband has been gone for several days and she did not know where.
Is Sanford completely off his rocker? I understand about love, but why is he giving passionate interviews with the AP? And does he think he'll save his marriage by telling them that his lover is his "soul mate?"
It is true that I did wrong and failed at the largest of levels, but equally true is the fact that God can make good of our respective wrongs in life. In this vein, while none of us has the chance to attend our own funeral, in many ways I feel like I was at my own in the past weeks, and surprisingly I am thankful for the perspective it has afforded...
It's in the spirit of making good from bad that I am committing to you and the larger family of South Carolinians to use this experience to both trust God in his larger work of changing me, and from my end, to work to becoming a better and more effective leader."
This ruse didn't help him and he was ousted from office. But when has that stopped a conservative? Now he's trying to win back his old congressional seat, but since it's been gerrymandered, the district is a bit different now. Are the people in Mark Sanford's district this easily duped?
He's hoping to ride that wave into a second chance in politics. Three years ago, he went from being rumored as a potential Republican presidential contender to disgraced South Carolina governor, following a highly-publicized affair with an Argentinean woman.
He's now in a run-off election for the Republican nomination for congressional seat in the Palmetto State. If he wins it, he'll face a Democratic opponent that's also familiar with the limelight.
Elizabeth Colbert Busch, the sister of political satirist Stephen Colbert, always dreamed of a career in politics — and now she has a chance to realize that dream.---
Earlier Tuesday, Sanford said it was "a treat and a blessing" to be back on the ballot. He represented the district in Congress for three terms before he was elected governor, serving two terms.
"We all hope for a second chance. I believe in a God of second chances," Sanford said after voting Tuesday.
Michael Moore, who was one of the few public figures willing to take the heat for protesting the Iraq invasion, is doing his best to help people remember exactly why. Calling Donald Rumsfeld a war criminal (as he certainly was) is guaranteed to make at least some people pay attention:
Liberal filmmaker Michael Moore bitterly complained Tuesday night that no major Bush administration figure faced serious consequences for the invasion of Iraq.
On the tenth anniversary of the war, Moore told CNN’s Piers Morgan that former Defense Secretary Donald Rumsfeld was a “war criminal as far as I’m concerned.”
Moore has long maintained the Bush administration manipulated intelligence reports to make a case for war. The Bush administration claimed Iraq was producing weapons of mass destruction and seeking to create a nuclear bomb, but following the invasion of the country no evidence of the weapons were found.
“I don’t understand why he, Bush, Cheney, Wolfowitz are still walking the streets,” Moore continued. “The whole way they are trying to revise history now is by saying, ‘Well, it was a mistake,’ or, ‘We were given bad information.’”
He doubted police would show him any leniency if he provided them with false information against one of his political targets, such as Goldman Sachs. “I think I would be arrested,” Moore remarked.
He warned the lack of repercussions against top Bush administration officials set a bad precedent for future presidents.
“The fact that no one has paid for this criminal act — why would an American, such as George W. Bush, send thousands of Americans off to their deaths? For what reason? And why doesn’t he have to answer for that?”
Cyprus will have to find some other way to come up with the money they need to qualify for a bailout. Lawmakers voted overwhelmingly to reject a plan that would have seized part of people's bank deposits, even after altering the plan to protect small deposit holders. Protesters outside Parliament cheered the news. The European Union said before the vote that they would withhold €10 billion in desperately needed bailout loans unless Cypriot depositors shared the cost of the rescue.
Cyprus overwhelmingly rejected a proposed levy on bank deposits as a condition for a European bailout on Tuesday, throwing international efforts to rescue the latest casualty of the euro zone debt crisis into disarray.
The vote in the tiny legislature was a stunning setback for the 17-nation currency bloc, angering European partners and raising fears the crisis could spread; lawmakers in Greece, Portugal, Ireland, Spain and Italy have all accepted austerity measures over the last three years to secure European aid.
With hundreds of demonstrators outside the parliament chanting "They're drinking our blood", the ruling party abstained and 36 other lawmakers voted unanimously to reject the bill, bringing the Mediterranean island, one of the smallest European states, to the brink of financial meltdown.
Banks in Cyprus will remain closed on Wednesday in order to prevent a run on the banks. The island stock exchange will remain closed as well.
A Fox News guest on Tuesday warned that a Democratic plan to expand gun background checks would allow the Ku Klux Klan to control black people and keep firearms out of the hands of women who had an abortion.
Conservative columnist Star Parker told Fox News host Sean Hannity that she had created a web advertisement linking KKK lynchings to gun control because "the Democrats in the Senate are insistent on passing background check laws."
"I thought it appropriate to remind Americans that we've been here before," she explained. "How is it that 5 percent of the population, the KKK -- six million people in a country of more than 100 million -- how is it that 5 percent were able to wreak havoc over 4 million new citizens, the former slaves? And one of the ways is because they systematically -- the Democrats in power, the Democrats in political power in the South -- systematically passed gun control laws in black code so that blacks would not be able to exercise their right to bear arms."
"Do you think that is the motive of some people now?" Hannity wondered.
"Come on, these are same Democrats that gave us Obamacare," Parker insisted. "Let me tell you something about this background check discussion that we don't get to ask about, how do we know what those qualifiers are going to be?"
"Because they're saying if you've had any mental problem in your background, well, does that mean that their going to ask questions about abortion?" she added. "Because people who have had abortion, according to studies, have a tendency to have mental challenges later on."
As Media Matters noted on Tuesday, a 2008 American Psychological Association task force found "no credible evidence" that "having a single abortion causes mental health problems."
On the ten year anniversary of the invasion of Iraq, there has been an awful lot of naval gazing by our media, sadly with most of it being revisionist history on what happened during the run up to that invasion and occupation, with a lot of glossing over just how complicit the media was in helping the neocons beat the war drums. And as Jeremy Scahill noted during this interview on Martin Bashir's show, there's still a lot to answer for by our politicians on both sides of the aisles -- but in particular, the neocons and Bush administration.
It's too bad there wasn't any accountability for his fellow guest on the program, Michael O'Hanlon, who supported the invasion and who was as guilty as the rest of them with enabling the neocons. Scahill sadly didn't go after O'Hanlon, but I appreciate what he was given a chance to say during the segment.
SCAHILL: People like Donald Rumsfeld and Paul Wolfowitz and Douglas Feith should not be able to show their faces in public in this country without being confronted with what they did to Iraq. I mean, the reality is... having spent time in Iraq throughout the '90's... many of the Iraqis I knew are dead. Many of the Iraqis that survived the war are displaced and with the millions of others that have been displaced.