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Octafish

(55,745 posts)
Mon Jul 29, 2013, 01:52 PM Jul 2013

Glenn Greenwald POPPED Tim Geithner in the chops, way before it was cool.



The events preceding Goldman Sachs’ new “blowout profits”

In May, a former top IMF official noted: "the finance industry has effectively captured our government.

BY GLENN GREENWALD
Salon.com MONDAY, JUL 13, 2009

Remember all of this — the $700 billion bank bailout, the AIG scandal, dark and scary threats of imminent global meltdown if there wasn’t full-scale capitulation by the citizenry to the immense transfer of public wealth to the private investment banking sector? Such distant, hazy memories: so many exciting celebrity deaths and riveting celebrity resignations ago. If sequences of events like these don’t cause mass citizen outrage, then it’s hard to imagine what will:

SNIP...

Robert Reich, March 18, 2009:

We’ve also learned that much of the 170 billion has been used by AIG to pay off AIG’s putative obligations to other Wall Street banks such as Goldman Sachs. Goldman has maintained that it got no bailout money from the Treasury. But in fact it received some $13 billion through AIG. More troubling is that the original plan to bail out AIG was concocted at a meeting held last fall, run by then Treasury Secretary Hank Paulson who, before becoming Teasury Secretary, had been CEO of Goldman Sachs. Also attending the meeting was Lloyd Blankenfein, the current CEO of Goldman Sachs. Also at the meeting: Tim Geithner, then head of the New York Fed.


Tom Edsall, The Huffington Post, April 2, 2009:

Decisions made during the final months of the Bush administration created an environment in which the most politically connected investment banks, Goldman Sachs and Morgan Stanley, not only flourished, but saw their competitors laid waste, with firms like Lehman in bankruptcy, and others, like Merrill Lynch and Bank of America, forced to merge in desperate hope of surviving.


SNIP...

Former IMF Chief Economist and current MIT Professor Simon Johnson, The Atlantic, May 2009:

THE ATLANTIC: The crash has laid bare many unpleasant truths about the United States. One of the most alarming, says a former chief economist of the International Monetary Fund, is that the finance industry has effectively captured our government — a state of affairs that more typically describes emerging markets, and is at the center of many emerging-market crises. . . . .

JOHNSON: Squeezing the oligarchs, though, is seldom the strategy of choice among emerging-market governments. Quite the contrary: at the outset of the crisis, the oligarchs are usually among the first to get extra help from the government, such as preferential access to foreign currency, or maybe a nice tax break, or—here’s a classic Kremlin bailout technique — the assumption of private debt obligations by the government. Under duress, generosity toward old friends takes many innovative forms. Meanwhile, needing to squeeze someone, most emerging-market governments look first to ordinary working folk — at least until the riots grow too large. . . .


CONTINUED...

http://www.salon.com/2009/07/13/goldman/

It's not just Snowden and illegal NSA spying, Big Money hates Greenwald for telling the truth about how the rich get richer and the 99-percent are used to foam the runway for the Banksters, thanks to Wall Street's toadies in Washington.
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Glenn Greenwald POPPED Tim Geithner in the chops, way before it was cool. (Original Post) Octafish Jul 2013 OP
So, now ALL of Greenwald's episodic writings are fair game railsback Jul 2013 #1
And another contentless comment on the journalist rather than on the content of the OP. sabrina 1 Jul 2013 #4
Tax payers are being forced to PAY to hear Greenwald say what he's always been saying for free. railsback Jul 2013 #9
Tax payers were forced to pay for the gambling debts of the Wall St crooks and so far, not one of sabrina 1 Jul 2013 #12
Tax payers are also forced to pay the salaries of people like Boehner and King railsback Jul 2013 #20
You left out the Democrats who single handedly, without much help from the Republicans, voted to sabrina 1 Jul 2013 #27
As the current laws are written, you wouldn't be able to convict any of them railsback Jul 2013 #30
get room you two,. at it again in this thread,. . Civilization2 Jul 2013 #64
Oh, I see, the 'victim' card again railsback Jul 2013 #74
Most of the miscreants could be put away if there was only the will to do it. Enthusiast Jul 2013 #65
In a fantasy world, true. railsback Jul 2013 #72
In a world where the President has surrounded himself by Enthusiast Jul 2013 #105
Right on! Enthusiast Jul 2013 #63
Do you ever post anything but snark? Do you qualify as "politically liberal"??? nm rhett o rick Jul 2013 #17
If its 'snark' to point out blatant hypocrisy and cherry picking railsback Jul 2013 #23
No, it's truthful to point out blatant hypocrisy and cherry picking which I just did in this thread. sabrina 1 Jul 2013 #28
Right... railsback Jul 2013 #32
You haven't been keeping up. YOU all made it about Greenwald, so all we are doing is cooperating now sabrina 1 Jul 2013 #33
LoL, now its OUR fault that Greenwald is the focus railsback Jul 2013 #35
Exactly right usGovOwesUs3Trillion Jul 2013 #85
So, let me get this straight.. railsback Jul 2013 #114
Who do you think you're fooling with that? Marr Jul 2013 #111
'Apologists'. LOL! railsback Jul 2013 #113
Blah, blah, blah. /nt Marr Jul 2013 #115
Thank you, Mr. Murdoch railsback Jul 2013 #116
If all you've got is snark, I guess that's all you post. nm rhett o rick Jul 2013 #34
Seems the last people to see hypocrisy railsback Jul 2013 #36
Every post by that one seems to be substance-free. Even that poster's initial post in this thread xocet Jul 2013 #70
Your not cherry picking? Katashi_itto Jul 2013 #107
Greenwald called for Cheney and the rest of the war criminals to be prosecuted. Did you? Octafish Jul 2013 #39
Greenwald defended Citizens United railsback Jul 2013 #62
Nobody's perfect. From what I read, he wanted to protect individual rights. Octafish Jul 2013 #77
i hear he's on the cover o the next issue of Tiger Beat! dionysus Jul 2013 #2
I hear he's going to be on the Pulitzer Prize list for Journalist of the year. sabrina 1 Jul 2013 #16
but how far down the list will he be? Pretzel_Warrior Jul 2013 #24
That's possible, but that is more likely to go to someone like Bradley Manning, Assange or Snowden. sabrina 1 Jul 2013 #29
I hear what you are saying. I guess I have to gather my thoughts for another post Pretzel_Warrior Jul 2013 #38
You guys are looking more and more desperate with your sad ad hominem comments. nm rhett o rick Jul 2013 #18
what, i'm simply using the exact same catchphrases you guys have used. oh wait... dionysus Jul 2013 #58
He deserves more than that just for this article on Washington immunizing lawbreaking Telecoms. Octafish Jul 2013 #44
I bet lots of people will be putting that picture on their bedroom walls!!!!! DevonRex Jul 2013 #61
While people were marching in the streets against the Patriot Act and the Iraq War.... Cali_Democrat Jul 2013 #3
I love it when one of the six talking points outlined by Greenwald himself, arrive in every thread sabrina 1 Jul 2013 #6
We can bring up old information about Greenwald supposedly popping Tim Geithner in the chops Cali_Democrat Jul 2013 #11
Yes, we can bring up facts. Are you saying this did not happen? sabrina 1 Jul 2013 #14
I didn't say it didn't happen. Cali_Democrat Jul 2013 #48
Okay. Yes, it was admirable that Greenwald, as a private citizen no one had ever heard of, sabrina 1 Jul 2013 #59
I'm not using his honesty against him Cali_Democrat Jul 2013 #69
Not getting your point at all. You are using his words admitting to his error in judgement re sabrina 1 Jul 2013 #78
I'm really not getting you either Cali_Democrat Jul 2013 #81
Well you could post the words you claim are 'hypocritical'. We only disagree if there are words sabrina 1 Jul 2013 #82
It's OK to disagree on an anonymous message board Cali_Democrat Jul 2013 #84
Of course it is. But when you post something that no one seems to understand, and you can't sabrina 1 Jul 2013 #89
I don't really understand your point either. Cali_Democrat Jul 2013 #91
Greenwald wants people to believe he's a truth teller. Avalux Jul 2013 #22
Just for accuracy, when was he 'busy supporting Bushco'? sabrina 1 Jul 2013 #31
I don't care about elected Democrats. This conversation is about Greenwald. Avalux Jul 2013 #42
Wow, well that says it all, for sure. A private citizen V elected officials with the power to send sabrina 1 Jul 2013 #50
This message was self-deleted by its author Cali_Democrat Jul 2013 #68
Ever made a mistake? Ever been big enough to admit that? HangOnKids Jul 2013 #73
The NSa apologists have to get their stories straight. Some say that Greenwald lies at every breath, rhett o rick Jul 2013 #79
And so was Ms. Clinton. Is that all you got? I smell desperation. nm rhett o rick Jul 2013 #19
It was wrong for Clinton to support Bush and it was wrong for Greenwald. Cali_Democrat Jul 2013 #52
I agree. Are you willing to forgive Ms. Clinton and support her bid for the presidency? nm rhett o rick Jul 2013 #55
No. n/t Cali_Democrat Jul 2013 #66
So who are you interested in for President? nm rhett o rick Jul 2013 #92
It's too early for me to think about that. The next Prez won't be sworn in until 2017. n/t Cali_Democrat Jul 2013 #112
And so were most Democrats burnodo Jul 2013 #47
It was wrong for Dems to support Bush and it was wrong for Greenwald. Cali_Democrat Jul 2013 #53
well try to hold Dems accountable first burnodo Jul 2013 #56
I have gone after Dems for their support of Bush Cali_Democrat Jul 2013 #67
When Greenwald found out Bush & Cheney lied, he called for their prosecution. Did you? Octafish Jul 2013 #54
Indeed I did Cali_Democrat Jul 2013 #71
That's great! I wish you'd put it in a DU2 journal. Octafish Jul 2013 #76
Somebody needed to pop Jughead Geithner in the chops. Fuddnik Jul 2013 #5
Elizabeth Warren did it too, it was a thing of beauty to watch. sabrina 1 Jul 2013 #8
She may not be under the bus yet, but "The Group" avoid posts about her like the plague. rhett o rick Jul 2013 #37
Who is "the group" Avalux Jul 2013 #43
Well it's a kinder label than others use. And I have a hunch you know what I mean. nm rhett o rick Jul 2013 #46
DUers also tried. Octafish Jul 2013 #87
Even a broken clock is right twice a day. Avalux Jul 2013 #7
Well if you would all stop talking about him, he wouldn't appear to be 'so adored' as you call sabrina 1 Jul 2013 #10
Sorry I've annoyed you. Avalux Jul 2013 #25
No need to apologize, you haven't annoyed me in the least. I love this stuff unlike many other DUers sabrina 1 Jul 2013 #41
Then we've been working together for a long time. Avalux Jul 2013 #45
Oh, I don't share your pessism. I see plenty of critical thinking around the Left forums these days, sabrina 1 Jul 2013 #57
why do you not consider him to be a journalist? frylock Jul 2013 #15
Journalists uncover and report facts without interjecting their own opinion. Avalux Jul 2013 #26
I can agree what your definition of a real journalist is, but could you provide one as an example?nt adirondacker Jul 2013 #49
Non-existent entities. Idealist claptrap. JackRiddler Jul 2013 #110
Good question above. Who do you like as a journalist? Judith Miller? nm rhett o rick Jul 2013 #21
Wrong. Here's his report on Cheney's efforts to cover-up treason and hope for another 9-11. Octafish Jul 2013 #60
All part of The Grand Bargain ... GeorgeGist Jul 2013 #13
Raw Deal for the 21st Century: Welfare for the Wealthy Octafish Jul 2013 #95
du rec. xchrom Jul 2013 #40
Derivatives are like a calculus: confusing and designed to leave someone else holding the tab. Octafish Jul 2013 #96
Yeah, it is so funny watching all these 'late bloomers' showing up Rex Jul 2013 #51
One Dude got the ziggy, just today. Octafish Jul 2013 #97
Lol, what an interesting 'series of events'. The 'caffeine fiend' was an obvious troll, although I sabrina 1 Jul 2013 #101
They don't have any way out. Rex Jul 2013 #102
GG performs two valuable services. Jakes Progress Jul 2013 #75
So true Jakes Progress. He exposes what needed to be exposed. sabrina 1 Jul 2013 #80
+1 nashville_brook Jul 2013 #94
I just tried to recommend your post and realized it was my thread. Octafish Jul 2013 #98
K&R + a link to Bankster USA (The Center for Media and Democracy) bobthedrummer Jul 2013 #83
Goll-ee! That deserves its own thread, bobthedrummer! Octafish Jul 2013 #86
And WHO doesn't remember your weekly posts felix_numinous Jul 2013 #88
Go FAT CAT! Agony Jul 2013 #93
Did S&G reveal anything that was illegal or abusive? randome Jul 2013 #90
Are you channeling John Roberts? Octafish Jul 2013 #99
^ Wilms Jul 2013 #100
He was last on the wagon, if you look at the dates. BlueToTheBone Jul 2013 #103
At least he got on the wagon. Most writers avoided the subject. Octafish Jul 2013 #108
So, they hate Greenwald for quoting other colomnists? intaglio Jul 2013 #104
Please tell: Where else did you see any of the conflicts-of-interest and criminality even mentioned? Octafish Jul 2013 #109
Well since you ask, intaglio Jul 2013 #118
So, you don't have even one example? Octafish Jul 2013 #119
Why should I bother? intaglio Jul 2013 #120
It's a criticism you made. Octafish Jul 2013 #121
"It's not just Snowden and illegal NSA spying, Big Money hates Greenwald" Progressive dog Jul 2013 #106
K&R woo me with science Jul 2013 #117
 

railsback

(1,881 posts)
1. So, now ALL of Greenwald's episodic writings are fair game
Mon Jul 29, 2013, 02:17 PM
Jul 2013

The defense of Greenwald is about as much fun as watching the Right defend Bush for 8 years. That was some good comedy.

sabrina 1

(62,325 posts)
4. And another contentless comment on the journalist rather than on the content of the OP.
Mon Jul 29, 2013, 02:30 PM
Jul 2013

What do you think of the Wall St. corruption that caused the Global Crash, destroying the lives of millions of innocent victims, I know a few of them, and what do you think of NO ONE being held accountable? And worse, what do you think of the tax payers being forced to pay their gambling debts. Just curious about priorities.

 

railsback

(1,881 posts)
9. Tax payers are being forced to PAY to hear Greenwald say what he's always been saying for free.
Mon Jul 29, 2013, 02:38 PM
Jul 2013

You shouldn't have a problem with that.

sabrina 1

(62,325 posts)
12. Tax payers were forced to pay for the gambling debts of the Wall St crooks and so far, not one of
Mon Jul 29, 2013, 02:42 PM
Jul 2013

them has been prosecuted for the massive theft of the country's money. Trillions we are told has gone to the Wall St. crooks. I have a huge problem with that.

 

railsback

(1,881 posts)
20. Tax payers are also forced to pay the salaries of people like Boehner and King
Mon Jul 29, 2013, 02:51 PM
Jul 2013

There are currently 234 House and 46 Senate Republicans, many who had a direct hand in deregulating the market. Its like paying crooks to rip you off. But, alas, apparently the spawn of all this thievery matters not, as the Left is working mighty hard to put the GOP back in control of the Senate, heading into the 2016 presidential election.

sabrina 1

(62,325 posts)
27. You left out the Democrats who single handedly, without much help from the Republicans, voted to
Mon Jul 29, 2013, 02:58 PM
Jul 2013

pay Wall St Criminals' obscene gambling debts with our money, despite the overwhelming stated will of the people. Why did they do that? Why wasn't it OUR party that finally began the process of investigating these crimes. We wouldn't expect Republicans to it, but we sure didn't elect Democrats to bail out Wall St. Criminals and War Criminals. Yet here we are, with not a single investigation of some of the worst crimes in living memory.

And you forgot the deregulation of Wall St signed by a Democrat that opened the door to all this theivery.

We won't get anywhere if we keep our fingers in our ears, our closed and our mouths shut about the role played by members of our Party.

If you care so much about the 'thievery' I don't get the protection of all of those involved and directly or indirectly responsible. Facts are facts, some of them unpleasant, but hiding them doesn't make them go away.

 

railsback

(1,881 posts)
30. As the current laws are written, you wouldn't be able to convict any of them
Mon Jul 29, 2013, 03:05 PM
Jul 2013

Pipe dream. And, no, I don't think it was right by any means, but the last thing you want to do is put MORE Republicans in Congress, which, unfortunately, seems to be the current game plan.

 

Civilization2

(649 posts)
64. get room you two,. at it again in this thread,. .
Mon Jul 29, 2013, 04:01 PM
Jul 2013

just kidding,.

actually "railsback" how about dealing in reality, and less baseless accusations, and character slander of people posing positions you may not agree with.

Enthusiast

(50,983 posts)
65. Most of the miscreants could be put away if there was only the will to do it.
Mon Jul 29, 2013, 04:03 PM
Jul 2013

Overt in your face fraud.

Enthusiast

(50,983 posts)
105. In a world where the President has surrounded himself by
Tue Jul 30, 2013, 04:11 AM
Jul 2013

bank toadies you are right.

"Impossible"

We shouldn't even try because law and order are pie in the sky goals that cannot be attained. Nothing to see here.

sabrina 1

(62,325 posts)
28. No, it's truthful to point out blatant hypocrisy and cherry picking which I just did in this thread.
Mon Jul 29, 2013, 03:00 PM
Jul 2013

I'm glad you agree because I was pretty blunt about it.

 

railsback

(1,881 posts)
32. Right...
Mon Jul 29, 2013, 03:06 PM
Jul 2013

Its not about Greenwald, but look at all this cool shit he wrote in the past.. but all that other shit don't matter because its not about Greenwald

Fun to watch.

sabrina 1

(62,325 posts)
33. You haven't been keeping up. YOU all made it about Greenwald, so all we are doing is cooperating now
Mon Jul 29, 2013, 03:12 PM
Jul 2013

Not to mention you haven't addressed my point about elected Dems bailing out Wall St Criminals and War Criminals.

Nor have you addressed the real issue that now has been raised, thanks to you all 'making it about Greenwald'. The coordinated asssaults on Journalists to try to discredit and/or silence them. We might not have notices, had you all not insisted on posting and reposting the six smears being used for that purpose.

That got my attention re Greenwald. Why would someone or some entities, other than BOA who we know was willing to pay propagandists to try to smear him, be so concerned about a blogger, a journalist if they didn't have something to hide?

 

railsback

(1,881 posts)
35. LoL, now its OUR fault that Greenwald is the focus
Mon Jul 29, 2013, 03:13 PM
Jul 2013

after all the hero worshipping ran into a brick wall. Really is like the Bush years.

 

usGovOwesUs3Trillion

(2,022 posts)
85. Exactly right
Mon Jul 29, 2013, 05:04 PM
Jul 2013

A mirror image of syncophants defending their guy in the WH no matter what.

That you can't see the irony is telling.

Think about it...

 

railsback

(1,881 posts)
114. So, let me get this straight..
Tue Jul 30, 2013, 01:55 PM
Jul 2013

SnowdenWald make accusations, with the implications that laws are being broken just because there's a network that can make those implications possible, yet haven't proved that that is what's going on. A purely circumstantial argument. So when questions are asked, and motives put under scrutiny - like in a court of law - suddenly, its attacking the messenger. 'Sycophants' demanding proof! HaHaHaHaHa! Classic.

 

Marr

(20,317 posts)
111. Who do you think you're fooling with that?
Tue Jul 30, 2013, 11:46 AM
Jul 2013

It's been all over this forum for weeks now.

Scandal breaks. Critics are outraged about domestic surveillance, apologists attempt to make it all about the messengers. Your little crew has made hundreds upon hundreds of posts smearing Greenwald and Snowden alike with the most ridiculous, grasping personal attacks-- while (by and large) refusing to engage in threads about domestic surveillance.

Just last night, your crew chief was posting about how Greenwald said something that reinforced Tom Tancredo's message almost ten years ago.

And now that someone posts about Greenwald's past writings on the issue of Wall Street corruption-- an issue that is still very relevant today, now you claim that everyone to your left is just a Greenwald cultist and have made it impossible for you to discuss the issues.

You've got to be kidding me.

 

railsback

(1,881 posts)
113. 'Apologists'. LOL!
Tue Jul 30, 2013, 12:57 PM
Jul 2013

I see a public forum as NO different than a court of law. Innocent until proven guilty. Snowden is easy. He admitted he stole classified material and fled the country, and now holds it hostage. Broke the laws as written. Guilty. Both he and Greenwald have leveled accusations at the U.S. Government that because they have the tools to spy on everyone, they're obviously spying on everyone. That would be circumstantial. NO evidence has been provided that shows the NSA illegally spying on anyone. Quite the contrary, according to Greenwald's 'leaks', it shows the long list of hoops the NSA must jump through to acquire data. Data mining? Been going on for years.. unless you haven't been paying attention. Mining every single person's data? Circumstantial. Again, just because you have the tools doesn't mean you're actually doing it, such as a car can be used for mass murder - it does not mean everyone is going to use it that way. That would be silly (hint).

As for Greenwald/Snowden, as in any court, witnesses/accusers are put under the microscope as to determine wether there's any ulterior motives to make sure they're on the up and up. Greenwald's activism/libertarianism nixes his neutrality, and Snowden's confession that he only took the Booz job with the sole intention of stealing information and fleeing the country with it, raises a bevy of red flags, especially the countries he ran to, who have horrid records of human rights violations.

So, the next time you get unnerved about all those 'apologists' not jumping on the band wagon, just remember its not they who taking one giant leap of faith off a giant cliff. They're not the ones making accusations. THAT burden of proof lies with you. Circumstantial assumptions just don't cut it.

xocet

(3,871 posts)
70. Every post by that one seems to be substance-free. Even that poster's initial post in this thread
Mon Jul 29, 2013, 04:29 PM
Jul 2013

had nothing to say.

Octafish

(55,745 posts)
39. Greenwald called for Cheney and the rest of the war criminals to be prosecuted. Did you?
Mon Jul 29, 2013, 03:17 PM
Jul 2013
Dick Cheney

The fruits of elite immunity


By Glenn Greenwald
Salon.com, Thursday, Aug 25, 2011 09:26 ET

Less than three years ago, Dick Cheney was presiding over policies that left hundreds of thousands of innocent people dead from a war of aggression, constructed a worldwide torture regime, and spied on thousands of Americans without the warrants required by law, all of which resulted in his leaving office as one of the most reviled political figures in decades. But thanks to the decision to block all legal investigations into his chronic criminality, those matters have been relegated to mere pedestrian partisan disputes, and Cheney is thus now preparing to be feted -- and further enriched -- as a Wise and Serious Statesman with the release of his memoirs this week: one in which he proudly boasts (yet again) of the very crimes for which he was immunized. As he embarks on his massive publicity-generating media tour of interviews, Cheney faces no indictments or criminal juries, but rather reverent, rehabilitative tributes, illustrated by this, from Politico today:



[font color="green"]That's what happens when the Government -- marching under the deceitful Orwellian banner of Look Forward, Not Backward -- demands that its citizens avert their eyes from the crimes of their leaders so that all can be forgotten: the crimes become non-crimes, legitimate acts of political choice, and the criminals become instantly rehabilitated by the message that nothing they did warrants punishment. That's the same reason people like John Yoo and Alberto Gonzales are defending their torture and illegal spying actions not in a courtroom but in a lush conference of elites in Aspen.[/font color]

The U.S. Government loves to demand that other countries hold their political leaders accountable for serious crimes, dispensing lectures on the imperatives of the rule of law. Numerous states bar ordinary convicts from profiting from their crimes with books. David Hicks, an Australian citizen imprisoned without charges for six years at Cheney's Guantanamo, just had $10,000 seized by the Australian government in revenue from his book about his time in that prison camp on the ground that he is barred from profiting from his uncharged, unproven crimes.

CONTINUED with LINKS...

http://www.salon.com/2011/08/25/cheney_101/

Octafish

(55,745 posts)
77. Nobody's perfect. From what I read, he wanted to protect individual rights.
Mon Jul 29, 2013, 04:39 PM
Jul 2013

I’m also quite skeptical of the apocalyptic claims about how this decision will radically transform and subvert our democracy by empowering corporate control over the political process. My skepticism is due to one principal fact: I really don’t see how things can get much worse in that regard. The reality is that our political institutions are already completely beholden to and controlled by large corporate interests (Dick Durbin: ”banks own” the Congress). Corporations find endless ways to circumvent current restrictions — their armies of PACs, lobbyists, media control, and revolving-door rewards flood Washington and currently ensure their stranglehold — and while this decision will make things marginally worse, I can’t imagine how it could worsen fundamentally. All of the hand-wringing sounds to me like someone expressing serious worry that a new law in North Korea will make the country more tyrannical. There’s not much room for our corporatist political system to get more corporatist. Does anyone believe that the ability of corporations to influence our political process was meaningfully limited before yesterday’s issuance of this ruling?

SOURCE: http://www.salon.com/2010/01/22/citizens_united/

sabrina 1

(62,325 posts)
16. I hear he's going to be on the Pulitzer Prize list for Journalist of the year.
Mon Jul 29, 2013, 02:47 PM
Jul 2013

We hear a lot of things, some of them true, some not.

 

Pretzel_Warrior

(8,361 posts)
24. but how far down the list will he be?
Mon Jul 29, 2013, 02:54 PM
Jul 2013

You're thinking too small. Perhaps he can get a Nobel Peace Prize out of this.

sabrina 1

(62,325 posts)
29. That's possible, but that is more likely to go to someone like Bradley Manning, Assange or Snowden.
Mon Jul 29, 2013, 03:04 PM
Jul 2013

Seems they have all become super heroes to people around the world. You can never account for people's reactions to the important events that effect the lives of so many people.

Truthfully, I was just making stuff up re the Pulitzer prize. Isn't that all we do here on DU anymore? I was emulating you actually. Anytime you all want to get serious and discuss actual issues, let me know.

 

Pretzel_Warrior

(8,361 posts)
38. I hear what you are saying. I guess I have to gather my thoughts for another post
Mon Jul 29, 2013, 03:17 PM
Jul 2013

where I try to synthesize all of this rush of news and stamp down cognitive dissonance we must all be experiencing as we go over the reality of our lives and how they are affected by others.

dionysus

(26,467 posts)
58. what, i'm simply using the exact same catchphrases you guys have used. oh wait...
Mon Jul 29, 2013, 03:45 PM
Jul 2013

this time it's directed at the Greenwald "cultists/cheerleaders/worshippers", not the Obama "cultists/cheerleaders/worshippers", so NOW it's desperate and sad!

I think I have illustrated the double standard well enough, you may proceed with the Greenwald/Snowden worship and apologia.

Octafish

(55,745 posts)
44. He deserves more than that just for this article on Washington immunizing lawbreaking Telecoms.
Mon Jul 29, 2013, 03:24 PM
Jul 2013
Congress votes to immunize lawbreaking telecoms, legalize warrantless eavesdropping

Yet again, George Bush and Dick Cheney get everything they want from the Democratic-led Congress, this time to put a permanent, and harmless, end to their illegal spying scandal.

BY GLENN GREENWALD
Salon.com, WEDNESDAY, JUL 9, 2008 02:11 PM EDT

The Democratic-led Congress this afternoon voted to put an end to the NSA spying scandal, as the Senate approved a bill — approved last week by the House — to immunize lawbreaking telecoms, terminate all pending lawsuits against them, and vest whole new warrantless eavesdropping powers in the President. The vote in favor of the new FISA bill was 69-28. Barack Obama joined every Senate Republican (and every House Republican other than one) by voting in favor of it, while his now-vanquished primary rival, Sen. Hillary Clinton, voted against it. John McCain wasn’t present for any of the votes, but shared Obama’s support for the bill. The bill will now be sent to an extremely happy George Bush, who already announced that he enthusiastically supports it, and he will sign it into law very shortly.

Prior to final approval, the Senate, in the morning, rejected three separate amendments which would have improved the bill but which, the White House threatened, would have prompted a veto. With those amendments defeated, the Senate then passed the same bill passed last week by the House, which means it is that bill, in unchanged form, that will be signed into law — just as the Bush administration demanded.

The first amendment, from Sens. Dodd, Feingold and Leahy, would have stripped from the bill the provision immunizing the telecoms. That amendment failed by a vote of 32-66, with all Republicans and 17 Democrats against (the roll call vote is here). The next amendment was offered by Sen. Arlen Specter, which would have merely required a court to determine the constitutionality of the NSA spying program and grant telecom immunity only upon a finding of constitutionality. Specter’s amendment failed, 37-61 (roll call vote is here). The third amendment to fail was one sponsored by Sen. Jeff Bingaman, merely requiring that the Senate wait until the Inspector General audits of the NSA program are complete before immunizing the telecoms. The Bingaman amendment failed by a vote of 42-56 (roll call vote here). Both Obama and Clinton voted for all three failed amendments.

http://www.salon.com/2008/07/09/fisa_vote/

PS: Don't know about you, but I don't recall asking my elected representative to forgive the Telecoms for illegal spying.

DevonRex

(22,541 posts)
61. I bet lots of people will be putting that picture on their bedroom walls!!!!!
Mon Jul 29, 2013, 03:50 PM
Jul 2013

Do you think there will be photos inside, too?????

 

Cali_Democrat

(30,439 posts)
3. While people were marching in the streets against the Patriot Act and the Iraq War....
Mon Jul 29, 2013, 02:21 PM
Jul 2013

Greenwald was ready to stand behind President Bush:

http://www.democraticunderground.com/10023361500

sabrina 1

(62,325 posts)
6. I love it when one of the six talking points outlined by Greenwald himself, arrive in every thread
Mon Jul 29, 2013, 02:36 PM
Jul 2013

on cue proving him right about the smear campaign. If you have something that might discredit him, this of course is so overused, and debunked so many times, all it does is help him. And I'm sure your goal is not to help him.

Btw, how many top Dems were with Greenwald on the Patriot Act (some, too many, still are btw) and on 'trusting Bush' enough to actually vote FOR his illegal war?

How many were marching WITH US against the War and the Patriot Act?

Biden, Clinton, Kerry and whole list of Dems who are voting to fund Bush's wars, still voting FOR the Patriot act.

Have any of them done what Greenwald has done and admitted how wrong they were on all of the egregious Bush policies they are still supporting with their votes??

How wonderful it would be to those Dems who enabled Bush's wars and anti-Constitutional legislation finally, a bit late of course, join Greenwald and admit they were so tragically wrong.

 

Cali_Democrat

(30,439 posts)
11. We can bring up old information about Greenwald supposedly popping Tim Geithner in the chops
Mon Jul 29, 2013, 02:40 PM
Jul 2013

But we just can't bring up his support for the Iraq War, Patriot Act, Afghanistan and President Bush.

That would be smearing him.

Got it.

sabrina 1

(62,325 posts)
14. Yes, we can bring up facts. Are you saying this did not happen?
Mon Jul 29, 2013, 02:44 PM
Jul 2013

But when you bring up distortions of the truth, people are naturally going to challenge it. If you think the OP is not factual, feel free to point it out.

 

Cali_Democrat

(30,439 posts)
48. I didn't say it didn't happen.
Mon Jul 29, 2013, 03:29 PM
Jul 2013

If people want to bring up Greenwald's past statements, have at it.

Greenwald felt President Bush should be deferred to on national security issues:


<...>I had not abandoned my trust in the Bush administration. Between the president’s performance in the wake of the 9/11 attacks, the swift removal of the Taliban in Afghanistan, and the fact that I wanted the president to succeed<...>
I still gave the administration the benefit of the doubt. I believed then that the president was entitled to have his national security judgment deferred to

http://sadredearth.com/christopher-hitchens-glenn-greenwald-and-the-war-of-ideas/


Let me guess, I'm an evil stasiauthoritarianquislingfascist for directly quoting Greenwald.

Because after all, directly quoting Greenwald's past statements is smearing him with vile propaganda.

sabrina 1

(62,325 posts)
59. Okay. Yes, it was admirable that Greenwald, as a private citizen no one had ever heard of,
Mon Jul 29, 2013, 03:48 PM
Jul 2013

wasn't as involved politically as he should have been, and then had the courage to quickly realize what an error that was and then spend the next part of his life trying to make up for his apathy, trying to do something about it.

I completely admire him for his honesty. I wish our elected officials on the Dem side, Biden, Clinton et al who fully supported Bush's policies, the War, the Patriot Act had had the courage to apologize for their tragic and so very wrong support for those policies. They might have been able to stop it. But so far, no apology in ten years, despite the exposure of the tragic lies that cause the deaths of so many innocent people, including our own troops.

Just so you know, as I'm not sure what your goal is in posting that talking point, one of the six on the list to use to try to discredit him, to try to use someone's honesty against them, is a very bad tactic, sort of Rovian only he was better at it.

Every time someone tried to use his complete honesty against him, which no one would have known had he himself not revealed, all it did was gain him more respect from those watching. The Right Wing Nuts tried to do this also. Same talking point, same goal, same failure

Do you seriously not understand that admitting a mistake is something to be admired? Where is this thinking coming from? What kind of mind actually thinks this is something BAD??

 

Cali_Democrat

(30,439 posts)
69. I'm not using his honesty against him
Mon Jul 29, 2013, 04:28 PM
Jul 2013

I'm using his own words against him. I'm pointing out what a hypocrite he is.

I know that angers you and some other folks here, but you're just gonna have to deal.

sabrina 1

(62,325 posts)
78. Not getting your point at all. You are using his words admitting to his error in judgement re
Mon Jul 29, 2013, 04:44 PM
Jul 2013

thinking that our Government would never do something as egregious as Bush did. That is honesty, in his own words. Where is the hypocrisy in admitting that, then spending the next few years acting on it?

Since when did we consider that 'honesty' = 'hypocrisy'? I'm having a real problem, as are many others, wrapping my mind about that kind of thinking.

And what on earth makes you think I am angry? Not understanding someone's point, and honestly asking for an explanation is called 'discussion' not anger.

So now we have 'asking an honest question' = 'anger' and ..
'Admitting honestly that you made a mistake' = 'hypocrisy'.

Would I be risking you accusing me of 'anger' to ask if you can explain exactly where is the hypocrisy in honestly admitting to a mistake. Perhaps you could post some of the 'words' you are referring to?

 

Cali_Democrat

(30,439 posts)
81. I'm really not getting you either
Mon Jul 29, 2013, 04:49 PM
Jul 2013

I guess we'll just have to agree to disagree when it comes to Greenwald and his past statements.

sabrina 1

(62,325 posts)
82. Well you could post the words you claim are 'hypocritical'. We only disagree if there are words
Mon Jul 29, 2013, 04:54 PM
Jul 2013

I haven't seen yet. But I am assuming you are referring to his very honest admission in his book about his admitted error in judgement re Bush. That certainly doesn't qualify as hyocrisy in anyone's book, unless the meaning of the word 'hypocrisy' has changed.

You could prove me wrong, but that's up to you.

 

Cali_Democrat

(30,439 posts)
84. It's OK to disagree on an anonymous message board
Mon Jul 29, 2013, 04:56 PM
Jul 2013

The sun will continue to rise, the rivers will continue to flow and the birds will continue to chirp.

Disagreements happen.

Often.

sabrina 1

(62,325 posts)
89. Of course it is. But when you post something that no one seems to understand, and you can't
Mon Jul 29, 2013, 05:54 PM
Jul 2013

or won't, respond to requests for clarification, then it can be assumed that you were wrong. That also happens often on internet forums. And the sun continues to rise. It even rises after horrors like the Iraq invasion, or torture or any number of things, although with fewer people on the planet to see it.

Not sure what all that had to do with my question though.

Avalux

(35,015 posts)
22. Greenwald wants people to believe he's a truth teller.
Mon Jul 29, 2013, 02:52 PM
Jul 2013

He's being hailed and propped up by many as an individual with journalistic integrity, hell bent on exposing the truth and tearing down the status quo. That's just great, and I'm happy he's presented facts to back up what many of us have KNOWN was happening form years (while he was busy supporting Bushco).

His past actions/writings do not support someone who is obsessed with uncovering the truth, otherwise, he would have been doing it then.



sabrina 1

(62,325 posts)
31. Just for accuracy, when was he 'busy supporting Bushco'?
Mon Jul 29, 2013, 03:06 PM
Jul 2013

Did you know how many elected Democrats supported Bushco making all of his egregious policies possible btw?

Have any of them stopped supporting those policies, Biden, Clinton, Kerry maybe? As Greenwald did. Any of them admitted how wrong they were??

Avalux

(35,015 posts)
42. I don't care about elected Democrats. This conversation is about Greenwald.
Mon Jul 29, 2013, 03:21 PM
Jul 2013

Have you read his book?

If his reputation is so flawed that you have to make that comparison, then you've proven my point.

sabrina 1

(62,325 posts)
50. Wow, well that says it all, for sure. A private citizen V elected officials with the power to send
Mon Jul 29, 2013, 03:30 PM
Jul 2013

our troops to their deaths. And you don't care about them?

Thanks, I guess ...

Response to sabrina 1 (Reply #50)

 

HangOnKids

(4,291 posts)
73. Ever made a mistake? Ever been big enough to admit that?
Mon Jul 29, 2013, 04:32 PM
Jul 2013

You sound like somebody who watches a bit too many cartoons. But hey when you walk on water or turn that water into wine please let us know.

 

rhett o rick

(55,981 posts)
79. The NSa apologists have to get their stories straight. Some say that Greenwald lies at every breath,
Mon Jul 29, 2013, 04:48 PM
Jul 2013

while out of the other mouth, they say he only tells them what they already knew.

I have posted that this isnt about Greenwald, but I have been proved wrong. The more exposure Greenwald gets from the NSA apologists, the more is revealed to the American people and they side on the side of the Constitution and not Booz-Allen, Gen Clapper and the DU NSA apologists here.

Some call Greenwald a liar, but believe every word from Gen Clapper that has admitted he lied to Congress.

Two sides here, Booz-Allen/The Carlyle Group/Gen Clapper/Gen Alexander, etc on one side for secrecy and the other side siding with the Constitution and transparency are Ms. Plame, Mr. Wilson, Democratic Senator Wyden, Democratic Senator Udall, Democratic Representative Grayson, Daniel Ellsberg, 26 bipartisan Senators, etc.

 

burnodo

(2,017 posts)
47. And so were most Democrats
Mon Jul 29, 2013, 03:27 PM
Jul 2013

apparently you just put that part of it out of your mind so you can attack Greenwald

 

burnodo

(2,017 posts)
56. well try to hold Dems accountable first
Mon Jul 29, 2013, 03:39 PM
Jul 2013

after all, they're elected officials who make life and death decisions

IF Greenwald supported the Patriot Act and the Iraq war, I disagreed with him vehemently. Still, isn't he allowed to progress on an issue?

 

Cali_Democrat

(30,439 posts)
67. I have gone after Dems for their support of Bush
Mon Jul 29, 2013, 04:22 PM
Jul 2013

Many many times.

The subject of this OP is Greenwald, so I posted about Greenwald.

Octafish

(55,745 posts)
54. When Greenwald found out Bush & Cheney lied, he called for their prosecution. Did you?
Mon Jul 29, 2013, 03:36 PM
Jul 2013
Obama’s latest effort to conceal evidence of Bush era crimes

The President's rationale for changing his mind is as incoherent as it is reminiscent of the Bush/Cheney mindset.

BY GLENN GREENWALD
Salon.com, WEDNESDAY, MAY 13, 2009 04:55 PM EDT

It’s difficult to react much to Obama’s complete reversal today of his own prior decision to release photographs depicting extreme detainee abuse by the United States. He’s left no doubt that this is what he does: ever since he was inaugurated, Obama has taken one extreme step after the next to keep concealed both the details and the evidence of Bush’s crimes, including rendition, torture and warrantless eavesdropping. The ACLU’s Amrit Singh — who litigated the thus-far-successful FOIA lawsuit to compel disclosure of these photographs — is exactly right:

SNIP...

John Aravosis said Obama’s logic was “a bit Bushian.” Steve Hynd observes that “Obama Trades Our Principles For Cheneyism.” TPM declares: ”Obama falls back on Bushisms.” Dan Froomkin writes: ”Obama Joins the Cover-Up.” I’ll just note a few points for now about Obama’s efforts to keep these photographs concealed:

(1) Think about what Obama’s rationale would justify. Obama’s claim — that release of the photographs “would be to further inflame anti-American opinion and to put our troops in greater danger” — means we should conceal or even outright lie about all the bad things we do that might reflect poorly on us. For instance, if an Obama bombing raid slaughters civilians in Afghanistan (as has happened several times already), then, by this reasoning, we ought to lie about what happened and conceal the evidence depicting what was done — as the Bush administration did — because release of such evidence would “would be to further inflame anti-American opinion and to put our troops in greater danger.” Indeed, evidence of our killing civilians in Afghanistan inflames anti-American sentiment far more than these photographs would. Isn’t it better to hide the evidence showing the bad things we do?

[font color="green"]Apparently, the proper reaction to heinous acts by our political leaders is not to hold them accountable but, instead, to hide evidence of what they did. That’s the warped mentality Obama is endorsing today, and has been endorsing since January 20.[/font color]

(2) How can anyone who supports what Obama is doing here complain about the CIA’s destruction of their torture videos? The torture videos, like the torture photos, would, if released, generate anti-American sentiment and make us look bad. By Obama’s reasoning, didn’t the CIA do exactly the right thing by destroying them?

(3) This is just another manifestation of the generalized Beltway religion that we should suppress and ignore the heinous acts our government committed and to which we acquiesced, because if we just agree to forget about all of it, then we can blissfully pretend that it never happened and avoid doing anything about it.

(4) Obama’s claim that he has to hide this evidence to protect our soldiers is the sort of crass, self-serving exploitation of “The Troops” which was the rancid hallmark of Bush/Cheney rhetoric. Everyone knows what the real effect of these photographs would be: they would highlight just how brutal and criminal was our treatment of detainees in our custody, and further underscore how amoral and lawless are Obama’s calls that we Look To the Future, Not the Past. Manifestly, that is why they’re being suppressed.

(5) For all of you defend-Obama-at-all-cost cheerleaders who are about to descend into my comment section and other online venues to explain how Obama did the right thing because of National Security, I have this question: if you actually want to argue that concealing these photographs is the right thing to do, then you must have been criticizing Obama when, two weeks ago, he announced that he would release them. Otherwise, it’s pretty clear that you don’t have any actual beliefs other than: ”I support what Obama does because it’s Obama who does it.” So for those arguing today that concealing these photographs is the right thing to do: were you criticizing Obama two weeks ago for announcing he would release these photographs?


CONTINUED...

http://www.salon.com/2009/05/13/photos_6/

Octafish

(55,745 posts)
76. That's great! I wish you'd put it in a DU2 journal.
Mon Jul 29, 2013, 04:38 PM
Jul 2013

That'd make it easy to find. You know, maybe more people would take action. Butterfly effect. 99th Monkey. Tipping point.

sabrina 1

(62,325 posts)
8. Elizabeth Warren did it too, it was a thing of beauty to watch.
Mon Jul 29, 2013, 02:38 PM
Jul 2013

Btw, is she under the bus yet? It's hard to keep up sometimes.

 

rhett o rick

(55,981 posts)
37. She may not be under the bus yet, but "The Group" avoid posts about her like the plague.
Mon Jul 29, 2013, 03:17 PM
Jul 2013

Here's some examples:

http://www.democraticunderground.com/10023226323

http://www.democraticunderground.com/?com=view_post&forum=1002&pid=3225280

But then they avoid all threads of substance. Ad hominem attacks is all they have.

Avalux

(35,015 posts)
7. Even a broken clock is right twice a day.
Mon Jul 29, 2013, 02:38 PM
Jul 2013

That, in a nutshell, is how I feel about Greenwald. He's not a journalist and not worthy of the adoration heaped upon him by some.

sabrina 1

(62,325 posts)
10. Well if you would all stop talking about him, he wouldn't appear to be 'so adored' as you call
Mon Jul 29, 2013, 02:39 PM
Jul 2013

defending journalists from orchestrated smear campaigns. Eg, you didn't have to comment in this thread at all.

Avalux

(35,015 posts)
25. Sorry I've annoyed you.
Mon Jul 29, 2013, 02:54 PM
Jul 2013

There's a ton of smearing all the way around and I think a lot of people are being fooled. Can you honestly say, without a doubt, that Greenwald is above reproach?

sabrina 1

(62,325 posts)
41. No need to apologize, you haven't annoyed me in the least. I love this stuff unlike many other DUers
Mon Jul 29, 2013, 03:19 PM
Jul 2013

I suppose, I love exposing the hypocrisy involved.

Weird isn't it? But I started out in online forums demolishing the propaganda from Bush loyalists which was relatively easy to do, defending Democrats etc from the orchestrated smear campaigns against them. And I had fun doing it.

Old habits die hard I suppose.

Avalux

(35,015 posts)
45. Then we've been working together for a long time.
Mon Jul 29, 2013, 03:24 PM
Jul 2013

I love exposing hypocrisy too - it amuses me how easily people will jump on a bandwagon without thoroughly looking into a subject and looking at it from all angles. IMHO, critical thinking is dead.

sabrina 1

(62,325 posts)
57. Oh, I don't share your pessism. I see plenty of critical thinking around the Left forums these days,
Mon Jul 29, 2013, 03:39 PM
Jul 2013

more than I've seen in a long time. And I'm impressed that Congress has finally decided to address these old, egregious Bush policies that so damaged this country.

Even though the last bill to end some of the obscene funding to Private Security Corps was narrowly defeated, Congress is not giving up this time. I hear there are several more bills ready to go to the floor, and what we always dreamed of, not much obstruction from Republicans. In fact this is a perfect moment for the President to urge our Party to seize the moment, and finally rid us of these awful policies without the usual obstruction from Republicans.

Al Fraken eg, who was a bit disappointing on the surveillance issue frankly, has changed his mind and now sees the need to do something about it. I heard he too is preparing something for Congress to consider.

So all in all, other than the same old crew who seem to find Bush policies acceptable all of a sudden, things are definitely going the way they should be. Franken, eg, stated that 'with the Snowden revelations', he is convinced that something needs to be done to reign in these abuses.

Wasn't this what we worked so hard for, for so many years?

Avalux

(35,015 posts)
26. Journalists uncover and report facts without interjecting their own opinion.
Mon Jul 29, 2013, 02:56 PM
Jul 2013

At least that's what they're are supposed to do. Greenwald is an author who shapes the story to his agenda.

adirondacker

(2,921 posts)
49. I can agree what your definition of a real journalist is, but could you provide one as an example?nt
Mon Jul 29, 2013, 03:29 PM
Jul 2013
 

JackRiddler

(24,979 posts)
110. Non-existent entities. Idealist claptrap.
Tue Jul 30, 2013, 11:29 AM
Jul 2013

Only ever brought up in attacking inconvenient actual journalists ike Greenwald, or in defense of the privatized propaganda ministry units (NYT, NBC, CNN, ETC.) that pretend to be practicing journalism in this country.

When you decide what's worth reporting, that's already an opinion. Greenwald's is well-informed.

Octafish

(55,745 posts)
60. Wrong. Here's his report on Cheney's efforts to cover-up treason and hope for another 9-11.
Mon Jul 29, 2013, 03:49 PM
Jul 2013
Dick Cheney’s top aide: “We’re one bomb away” from our goal

Revelations by Jack Goldsmith -- a right-wing, former high-level Bush DOJ lawyer -- demonstrate the true extent of the administration's lawlessness.

BY GLENN GREENWALD
Salon.com TUESDAY, SEP 4, 2007 07:25 AM EDT

In October of 2003, Jack Goldsmith — a right-wing lawyer with radical views of executive power and long-time friend of John Yoo — was named by the Bush administration to head the DOJ’s Office of Legal Counsel, one of the most influential legal positions in the executive branch. During his tenure, he discovered numerous legal positions which the administration had adopted (many created by Yoo) that he found baseless and even unconscionable — from torture to detention powers to illegal surveillance — and he repudiated many of them, thereby repeatedly infuriating the most powerful White House officials, led by Cheney top aide David Addington. As a result, his tenure was extremely brief, and he was gone a mere 9 months after he began.

Goldsmith, now a Harvard Law Professor, has just written a book, to be released this month, criticizing and, in some cases, exposing for the first time, many of Bush’s executive power abuses. He is donating all the proceeds from the book to charity to prevent the standard integrity attacks which Bush followers launch at any ex-officials who commit such blasphemy. In a lengthy profile in The New York Times Magazine, Jeffrey Rosen profiles Goldsmith and highlights some of the book’s key revelations.

Two revelations in particular are extraordinary and deserve (but are unlikely to receive) intense media coverage. First, it was Goldsmith who first argued that the administration’s secret, warrantless surveillance programs were illegal, and it was that conclusion which sparked the now famous refusal of Ashcroft/Comey in early 2004 to certify the program’s legality. Goldsmith argued continuously about his conclusion with Addington, and during the course of those arguments, this is what happened:

[Goldsmith] shared the White House’s concern that the Foreign Intelligence Surveillance Act might prevent wiretaps on international calls involving terrorists. But Goldsmith deplored the way the White House tried to fix the problem, which was highly contemptuous of Congress and the courts. “We’re one bomb away from getting rid of that obnoxious [FISA] court,” Goldsmith recalls Addington telling him in February 2004.


[font color="green"]Their goal all along was to “get rid of the obnoxious FISA court” entirely, so that they could freely eavesdrop on whomever they wanted with no warrants or oversight of any kind. And here is Dick Cheney’s top aide, drooling with anticipation at the prospect of another terrorist attack so that they could seize this power without challenge. Addington views the Next Terrorist Attack as the golden opportunity to seize yet more power. Sitting around the White House dreaming of all the great new powers they will have once the new terrorist attack occurs — as Addington was doing — is nothing short of deranged.[/font color]

CONTINUED...

http://www.salon.com/2007/09/04/addington/

That is real reporting and top analysis. If the nation's corporate-owned and operated mass media monopoly covered questions of war and peace so thoroughly, let alone finance and its impact on the 99-percent, this would be a different nation -- a much better nation.

Octafish

(55,745 posts)
95. Raw Deal for the 21st Century: Welfare for the Wealthy
Mon Jul 29, 2013, 09:18 PM
Jul 2013
Larry Summers, Tim Geithner and Wall Street’s ownership of government

The individuals Obama chose to be his top economics officials embody exactly the corruption he repeatedly vowed to end.

BY GLENN GREENWALD
Salon.com SATURDAY, APR 4, 2009

White House officials yesterday released their personal financial disclosure forms, and included in the millions of dollars which top Obama economics adviser Larry Summers made from Wall Street in 2008 is this detail:

Lawrence H. Summers, one of President Obama’s top economic advisers, collected roughly $5.2 million in compensation from hedge fund D.E. Shaw over the past year and was paid more than $2.7 million in speaking fees by several troubled Wall Street firms and other organizations. . . .

Financial institutions including JP Morgan Chase, Citigroup, Goldman Sachs, Lehman Brothers and Merrill Lynch paid Summers for speaking appearances in 2008. Fees ranged from $45,000 for a Nov. 12 Merrill Lynch appearance to $135,000 for an April 16 visit to Goldman Sachs, according to his disclosure form.


That’s $135,000 paid by Goldman Sachs to Summers — for a one-day visit. And the payment was made at a time — in April, 2008 — when everyone assumed that the next President would either be Barack Obama or Hillary Clinton and that Larry Summers would therefore become exactly what he now is: the most influential financial official in the U.S. Government (and the $45,000 Merrill Lynch payment came 8 days after Obama’s election). Goldman would not be able to make a one-day $135,000 payment to Summers now that he is Obama’s top economics adviser, but doing so a few months beforehand was obviously something about which neither parties felt any compunction. It’s basically an advanced bribe. And it’s paying off in spades. And none of it seemed to bother Obama in the slightest when he first strongly considered naming Summers as Treasury Secretary and then named him his top economics adviser instead (thereby avoiding the need for Senate confirmation), knowing that Summers would exert great influence in determining who benefited from the government’s response to the financial crisis.

Last night, former Reagan-era S&L regulator and current University of Missouri Professor Bill Black was on Bill Moyers’ Journal and detailed the magnitude of what he called the on-going massive fraud, the role Tim Geithner played in it before being promoted to Treasury Secretary (where he continues to abet it), and — most amazingly of all — the crusade led by Alan Greenspan, former Goldman CEO Robert Rubin (Geithner’s mentor) and Larry Summers in the late 1990s to block the efforts of top regulators (especially Brooksley Born, head of the Commodities Futures Trading Commission) to regulate the exact financial derivatives market that became the principal cause of the global financial crisis. To get a sense for how deep and massive is the on-going fraud and the key role played in it by key Obama officials, I highly recommend watching that Black interview (it can be seen here and the transcript is here).

This article from Stanford Magazine — an absolutely amazing read — details how Summers, Rubin and Greenspan led the way in blocking any regulatory efforts of the derivatives market whatsoever on the ground that the financial industry and its lobbyists were objecting:

As chairperson of the CFTC, Born advocated reining in the huge and growing market for financial derivatives. . . . One type of derivative—known as a credit-default swap—has been a key contributor to the economy’s recent unraveling. . .

Back in the 1990s, however, Born’s proposal stirred an almost visceral response from other regulators in the Clinton administration, as well as members of Congress and lobbyists. . . . But even the modest proposal got a vituperative response. The dozen or so large banks that wrote most of the OTC derivative contracts saw the move as a threat to a major profit center. Greenspan and his deregulation-minded brain trust saw no need to upset the status quo. The sheer act of contemplating regulation, they maintained, would cause widespread chaos in markets around the world.

Born recalls taking a phone call from Lawrence Summers, then Rubin’s top deputy at the Treasury Department, complaining about the proposal, and mentioning that he was taking heat from industry lobbyists. . . . The debate came to a head April 21, 1998. In a Treasury Department meeting of a presidential working group that included Born and the other top regulators, Greenspan and Rubin took turns attempting to change her mind. Rubin took the lead, she recalls.

“I was told by the secretary of the treasury that the CFTC had no jurisdiction, and for that reason and that reason alone, we should not go forward,” Born says. . . . “It seemed totally inexplicable to me,” Born says of the seeming disinterest her counterparts showed in how the markets were operating. “It was as though the other financial regulators were saying, ‘We don’t want to know.’”

She formally launched the proposal on May 7, and within hours, Greenspan, Rubin and Levitt issued a joint statement condemning Born and the CFTC, expressing “grave concern about this action and its possible consequences.” They announced a plan to ask for legislation to stop the CFTC in its tracks.


CONTINUED...

http://www.salon.com/2009/04/04/summers/

Then, that must be the reason for all the happiness among the glass half-full set. The 99-percent were called to fill it.

Octafish

(55,745 posts)
96. Derivatives are like a calculus: confusing and designed to leave someone else holding the tab.
Mon Jul 29, 2013, 09:20 PM
Jul 2013

Rubin, Summers and Greenspan succeeded in inducing Congress — funded, of course, by these same financial firms — to enact legislation blocking the CFTC from regulating these derivative markets. More amazingly still, the CFTC, headed back then by Born, is now headed by Obama appointee Gary Gensler, a former Goldman Sachs executive (naturally) who was as instrumental as anyone in blocking any regulations of those derivative markets (and then enriched himself by feeding on those unregulated markets).

SOURCE: http://www.salon.com/2009/04/04/summers/

 

Rex

(65,616 posts)
51. Yeah, it is so funny watching all these 'late bloomers' showing up
Mon Jul 29, 2013, 03:31 PM
Jul 2013

to bash GG or take your pick of old investigative war horses. IT is like they are a bunch of noobs, saying noob stuff that we old timers are LOL at!

Octafish

(55,745 posts)
97. One Dude got the ziggy, just today.
Mon Jul 29, 2013, 09:25 PM
Jul 2013

A quart shy of the 1,000/month mark.

http://www.democraticunderground.com/?com=profile&uid=305721

TBSS. Interesting how, eh, popular the caffeine fiend was with the authoritarians.

sabrina 1

(62,325 posts)
101. Lol, what an interesting 'series of events'. The 'caffeine fiend' was an obvious troll, although I
Mon Jul 29, 2013, 11:36 PM
Jul 2013

refrained from alerting on his most abusive posts, deciding it was best to let him 'ramble on' as it were. Interesting to see the support he got here, sad actually to be honest.

 

Rex

(65,616 posts)
102. They don't have any way out.
Mon Jul 29, 2013, 11:46 PM
Jul 2013

Blame the left for 30 years of piss on down economics, that doesn't work. They ignore key problems causes by decades of graft and cronyism.

Crapper lies, but hey you remember right? Rove, Bush all them criminals. Got to laugh it off at Congress. Not that Congress does much.
I mean they almost did something the other day. Did you hear about that? Almost told the NSA how bad they were. Snowden makes it looks so hand in the cookie jar guilty. Congress was almost outraged enough to make a statement. Of course the WH contends that since it is legal. Hey you gave your credit card information to Citibank online!

No one asked you to.

Hell today we got to take that to mean something, you know how Hoover swore there was no mafia while he chased the commies.

Maybe they do need to know if we eat corn on a daily basis.

Jakes Progress

(11,122 posts)
75. GG performs two valuable services.
Mon Jul 29, 2013, 04:36 PM
Jul 2013

He tells the truth that Washington doesn't want us to hear.

And he gives ulcers to the third-way, new democrats who wish that they could be republicans but get elected with a D by their name.
(He also gives fits to the apologists who want to tell us that these reagan-inspired politicians are Democrats.)

Good on him.

Octafish

(55,745 posts)
98. I just tried to recommend your post and realized it was my thread.
Mon Jul 29, 2013, 09:32 PM
Jul 2013

Thank you, Jakes Progress.

It's important to keep reminding DU what real Democrats stand for. And it isn't Reaganomics, no matter how much money's in it for the select few. Here Greenwald quotes Simon Johnson of the IMF to make the point:

Squeezing the oligarchs, though, is seldom the strategy of choice among emerging-market governments. Quite the contrary: at the outset of the crisis, the oligarchs are usually among the first to get extra help from the government, such as preferential access to foreign currency, or maybe a nice tax break, or—here’s a classic Kremlin bailout technique — the assumption of private debt obligations by the government. Under duress, generosity toward old friends takes many innovative forms. Meanwhile, needing to squeeze someone, most emerging-market governments look first to ordinary working folk—at least until the riots grow too large. . . .


SOURCE: The Quiet Coup


Octafish

(55,745 posts)
86. Goll-ee! That deserves its own thread, bobthedrummer!
Mon Jul 29, 2013, 05:20 PM
Jul 2013

Example: It Ain't Over Till It's Over: Wall Street Gears Up for Austerity Battles of 2013

http://banksterusa.org/content/it-aint-over-till-its-over-wall-street-gears-austerity-battles-2013

Thank you, kind Sir! Money.

felix_numinous

(5,198 posts)
88. And WHO doesn't remember your weekly posts
Mon Jul 29, 2013, 05:42 PM
Jul 2013

calling for prosecuting the Bush&Co crimes!!!! Great to see you Bobthedrummer!!!!!!


 

randome

(34,845 posts)
90. Did S&G reveal anything that was illegal or abusive?
Mon Jul 29, 2013, 05:56 PM
Jul 2013

[hr][font color="blue"][center]You should never stop having childhood dreams.[/center][/font][hr]

Octafish

(55,745 posts)
99. Are you channeling John Roberts?
Mon Jul 29, 2013, 09:36 PM
Jul 2013

Just because a crooked chief justice of the supreme court, appointed by an unelected draft dodger war criminal pretzeldent, says it's OK to shred the Bill of Rights, doesn't make it so.

BlueToTheBone

(3,747 posts)
103. He was last on the wagon, if you look at the dates.
Mon Jul 29, 2013, 11:47 PM
Jul 2013

So what does it prove? Robert Reich was the "story breaker"

Octafish

(55,745 posts)
108. At least he got on the wagon. Most writers avoided the subject.
Tue Jul 30, 2013, 11:15 AM
Jul 2013

BTW: DUers also were among the first to the Bankster infofest.

Know your BFEE: Phil Gramm, the Meyer Lansky of the War Party, Set-Up the Biggest Bank Heist Ever.

Note the date. Corporate McPravda's coverage of Mr. Gramm's role came much, much later, when the trail had gone cold.

intaglio

(8,170 posts)
104. So, they hate Greenwald for quoting other colomnists?
Tue Jul 30, 2013, 03:38 AM
Jul 2013

Other columnists who did the work for Greenwald.

Ri...i...i...ght

Octafish

(55,745 posts)
109. Please tell: Where else did you see any of the conflicts-of-interest and criminality even mentioned?
Tue Jul 30, 2013, 11:23 AM
Jul 2013

Corporate McPravda has little room for mentioning anything that would inconvenience the oligarchs that own them. Greenwald did a yeoman's job connecting dots. One important dot that gets ignored, from John Kenneth Galbraith:

a guy who knew how to make government work to improve life for ALL Americans.


intaglio

(8,170 posts)
118. Well since you ask,
Tue Jul 30, 2013, 03:37 PM
Jul 2013

dots are connected in the blogs of any other tuppeny-ha'penny conspiracy theorist. Does the Government or big business hate them as well?

intaglio

(8,170 posts)
120. Why should I bother?
Tue Jul 30, 2013, 04:22 PM
Jul 2013

Linking dots is a futile exercise - ever heard of pareidolia? You can make patterns out of anything.

Other blogs that "connect the dots"? Try "The Blaze" or "Occidental Dissent" or "Above Top Secret" and no I won't link to such RW sites.

Progressive dog

(6,900 posts)
106. "It's not just Snowden and illegal NSA spying, Big Money hates Greenwald"
Tue Jul 30, 2013, 10:55 AM
Jul 2013

Greenwald jumps on bank-wagon, gets proof of credibility on Snowden, because 99%.

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