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Populist uprising

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Here's some stuff we aren't hearing on Meet the Press:

Correcting the spin of "Fix The Debt" shills, economist, professor, and author of "Capitalism Hits The Fan: The Global Economic Meltdown and What to Do About It", Dr. Richard Wolff, who was fresh off his debut appearance on Bill Moyers, sits down with me for a quick talk about the sequester in the context of our ailing economic system. In this, the first of a four-part series, he breaks down the sequester and discusses what he calls a 'hustle' being perpetrated by the Obama Administration on the American people.

Stay tuned here on Crooks and Liars for Part 2, or subscribe to Absurdity Today's Youtube Channel here.



What This Country Needs Are More Pitchfork Moments Like These

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More like this, please:

Hundreds of people trying to save their homes from foreclosure flocked to Connecticut's wealthy Gold Coast this weekend to give financial kingpins a piece of their mind.

Homeowners are fed up – and many are frustrated that those who lead the companies that gave them their subprime mortgages live in luxury while they struggle so hard to meet their loan payments and not fall behind.

On Sunday, hundreds of angry homeowners and volunteers traveled in vans and minibuses and protested outside Morgan Stanley CEO John Mack’s multi-million-dollar mansion to tell the wealthy finance czar how they really feel.

The group, led by Neighborhood Assistance Corporation of America (NACA), also went to Greenwich Finance CEO William Frey, among others, as part of what NACA calls the “Predator’s Tour.”

Sporting bright yellow shirts that read, “Stop Loan Sharks,'' protestors demanded more accountability from the CEOs of the financial institutions responsible for the millions of unaffordable mortgages in the state and across America.

"We can’t let them live quietly in a lap of luxury while they throw hard working Americans out on the street," NACA explains on its Web site. "This action is within our legal rights as Americans to peacefully protest and meet with those who control our family’s livelihood."



David Sirota at Open Left:

A few weeks back, I wrote a New York Times magazine article about the populist uprising against unbridled oil and gas drilling in the Mountain West. The article highlighted a major theme in my new book, THE UPRISING. In the article, I discussed how the Bush Bureau of Land Management has thrown the principle of environmental caution overboard by opening up a huge amount of federal land to drilling. So it is with more than a little bit absurd to read this New York Times story today:

"Faced with a surge in the number of proposed solar power plants, the federal government has placed a moratorium on new solar projects on public land until it studies their environmental impact, which is expected to take about two years. The Bureau of Land Management says an extensive environmental study is needed to determine how large solar plants might affect millions of acres it oversees in six Western states."

Do you love it? We're facing gas prices that necessitate drilling in environmentally sensitive and heretofore protected land right now, despite absolutely no evidence that it would ease current prices. Yet the Bush administration sees no dichotomy in insisting that we need to take a slow, measured approach to building solar plants, lest we don't take into account the long term environmental impact.