You are browsing the archive for 2012 January.

Newt has more than four times as many followers on Twitter than Romney

January 31, 2012 in 2012 Elections

I think this may significant in terms of their audience.

Romney has 306,482Twitter followers.   https://twitter.com/#!/mittromney

Newt has 1,431,242 followers.  https://twitter.com/#!/newtgingrich

That’s a huge difference.

It could say that Newt’s audience is more computer savvy.

It could say that Newt’s audience is younger than Romney’s audience.

It could say that Newt has a larger national audience than Romney–in spite of the corporate network spin.

It most likely says that it “ain’t” over yet and we have months ahead of us before the fat lady sings.

Proclaim the Queen!

    Public Citizen reports that a week ago a petition was filed to break up Bank of America

    January 31, 2012 in Banks

    Bank of America Poses a Grave Threat to U.S. Financial Stability

    Petition Calling on Federal Reserve and Financial Stability Oversight Committee to Break Up Bank of America

    January 25, 2012 — Bank of America, the second-largest bank holding company in the U.S., should be broken up and reformed, Public Citizen said in a petition sent today to the Federal Reserve and the Financial Stability Oversight Council. Regulators should to use authority granted by section 121 of the Dodd-Frank Wall Street Reform and Consumer Protection Act to reform Bank of America into a set of smaller, simpler and safer institutions. Bank of America, which holds assets equal to roughly one-seventh of the country’s gross domestic product, is too large and complex to manage or regulate properly, the petition said. Moreover, its financial condition is poor and could deteriorate rapidly.

    Proclaim the Queen!

      The 2012 slogan from the GOP establishment: I’ve made a ton of money. You got a problem with that?

      January 31, 2012 in 2012 Elections

      The “Party of Against” have finally come the full circle:  Now they are against themselves.

      Eugene Robinson pointed out that the GOP has not one but two huge problems:  One is named “Newt” and the other one is named “Mitt.”

      ” . . .When the empire strikes back, it hits hard. The Republican establishment is deploying every weapon and every soldier—even Bob Dole—in an increasingly desperate attempt to pulverize the Newt Gingrich rebellion. Eventually, the shock-and-awe campaign may work.

      But then what? In the establishment’s best-case scenario, the party is left with Mitt Romney, a candidate whose core message, as far as I can tell, seems to be: “Yes, I made a ton of money. You got a problem with that?” . . .”

      Read the complete article at Truth Dig

      The GOP have traded Gingrich for the guy with the message they hope will win.  Good luck!  They need to wake up and take a good long look at Main Street and how angry the people are.

      Proclaim the Queen!

        People are “shocked” that Freddie Mac leaders bet against homeowners?

        January 30, 2012 in 2012 Elections

        They should be more shocked that people they elect to Congress place Wall Street bets agains their constituents.

         NPR reports that:
        ” Freddie Mac, a taxpayer-owned mortgage company, is supposed to make homeownership easier. One thing that makes owning a home more affordable is getting a cheaper mortgage.

        But Freddie Mac has invested billions of dollars betting that U.S. homeowners won’t be able to refinance their mortgages at today’s lower rates, according to an investigation by NPR and ProPublica, an independent, non-profit newsroom.

        These investments, while legal, raise concerns about a conflict of interest within Freddie Mac.

        “We were actually shocked they did this,” says Scott Simon, who heads the mortgage-backed securities team at the giant bond trading and investment firm called PIMCO. “It seemed so out of line with their mission, out of line with what Congress wanted them to do.”

        ____________________________________________________________

        ILWQ

        “. . .Out of line with what Congress wanted them to do?”  NPR must be kidding!  Members of Congress care so little about the people of the USA that they place bets with the Wall Street Casino against the people.

         Someone needs to educate these people on the facts of life about members of Congress:  Many of them, such as Eric Cantor,  place bets against the American people.

         Eric Cantor, the Republican Whip in the House of Representatives, bought up to $15,000 in shares of ProShares Trust Ultrashort 20+ Year Treasury ETF in December of 2009, according to his 2009 financial disclosure statement. The exchange-traded fund takes a short position in long-dated government bonds. In effect, it is a bet against U.S. government bonds—and perhaps on inflation in the future.” [Source]

        But if you think that betting against the USA is limited to Republicans like Cantor, you are wrong. Democrats do it too.  According to a May 3, 2010 article in the  WSJ,  ” . .  . investment accounts of 13 members of Congress or their spouses show bearish bets made in 2008 via exchange-traded funds—portfolios that trade like stocks and mirror an index. These funds were leveraged; they used derivatives and other techniques to magnify the daily moves of the index they track.” 

        THEY ALL MUST GO IN 2012!

        NPR writes about “conflict of interest” in Freddie Mac?  If they wrote about news that mattered, they would be writing about the conflict of interest in both houses of US Congress that is demonstrated daily.  The people need to wake up t the fact that NPR has the same corporate sponsors that mainstream media does.  The only reason they are hitting on Freddie Mac is because of Gingrich’s association with it.  The establishment want Romney to run and they are doing everything they can to push him.

        Congress placing Wall Street bets  against the people is not a new story.  I wrote about it over six months ago.  http://my.firedoglake.com/iflizwerequeen/2011/07/09/members-of-congress-and-their-spouses-place-wall-street-bets-against-the-usa/

        Proclaim the Queen!

          The Homeless have a new way to make money: as tour guides

          January 29, 2012 in Occupy

          Der Spiegal reports that the homeless have a new way of earning a living: As tour guides. Perhaps the leaders of the Occupy Movement can learn from their European cousins examples.

          “Wilding, who has strawberry blonde hair and alert eyes, earns money by selling the homeless magazine “Big Issue,” and with tours through the London Bridge area. It is a new type of walking tour, with the homeless explaining the city through their own eyes. Places that the tourists would normally just walk by take on new meaning. Every park bench and every bridge offers up a host of anecdotes. Even the delicacy paradise, the London Borough Market, which every good travel guide recommends, is shown in a new light.

          “This is where I used to sleep sometimes,” says Wilding as she points to a corner of the marketplace. “In the morning, the market traders would make me a cup of tea.” A few corners further on, in front of an Asian chain restaurant, she points to waves in the concrete on the floor. “They put them up to stop us sleeping there,” she says. And even the park benches in the Lucy Brown Gardens were retrofitted to keep the homeless away — by putting a third armrest in the center.”

          More at Der Spiegal

          Proclaim the Queen!

            SITE CURRENTLY UNDER CONSTRUCTION

            January 29, 2012 in Uncategorized

            Please bear with me this weekend as my site undergoes growing pains.

            I’ll be posting to Emmaberry.org for today.

            Thank you

            Proclaim the Queen!

              The biggest whopper Mitt Romney told: “I didn’t inherit my wealth.”

              January 28, 2012 in 2012 Elections

              Now while Mitt’s father could have stood up before an audience and honestly made the claim:  ”I didn’t inherit my wealth.”  The same is not true for Mitt.  He did inherit a large foundation of wealth.  As the son of a multimillionaire, Mitt Romney was born with not a silver, but a golden spoon in his mouth.   George W Romney’s estimated net worth was 600 million dollars when he died.  It is said that he left each of his children over 100 million dollars. Furthermore, Mitt’s father was already a multimillionaire by the time Mitt was born. Mitt has never in his life lacked for any material thing–never.  He has no conception whatsoever of the term “doing without.”  (Unless you wanted to make a case for doing without winning an election.)

              _____________________________________________

              MORE ABOUT GEORGE THE FATHER ROMNEY

              Mitt’s grandparents  were polygamous Mormons who fled the United States with their children due to the federal government’s opposition to polygamy. Mitt’s father was born in 1907 in the Mexican state of Chihuahua.

              Later, in the United States, George the father Romney grew up in humble circumstances.  The family subsisted with other Mormon refugees on government relief in El Paso, Texas. (Good thing for them that Newt or Mitt or Ron Paul weren’t running the country.)   A few months later they moved to Los Angeles, California where Gaskell Romney worked as a carpenter. In kindergarten, other children mocked George Romney’s national origin by calling him “Mex”.  George started working in wheat and sugar beet fields at the age of eleven and was the valedictorian at his grammar school graduation in 1921.

              The family later moved to Salt Lake City where George became a skilled lath and plaster worker.  In October of 1926 he had saved enough to fund himself as a Mormon missionary and he sailed to Great Britain to preach in a Glasgow, Scotland slum.  The abject poverty and hopelessness he saw there affected him greatly but he was not effective in converting people.  He also suffered a crisis of faith.  In February of 1927, he was shifted to Edinburgh where he was more successful. Romney often said that his missionary time (proselytizing the Mormon religion from soap boxes in Hyde Park and from a platform at Trafalgar Square) had meant more for developing his gives for debate and sales than any other experience.

              Visionary is a word that would fit George Romney, but many of  his visions would make the hair of the current mob running the Republican Party stand on end.

              In 1939 he moved to Detroit and joined the American Automobile Manufacturers Association, where he served as the chief spokesperson for the automobile industry during World War II and headed a cooperative arrangement in which companies could share production improvements.

              In 1948 he joined Nash-Kelvinator and became chairman and CEO of its successor, American Motors Corporation in 1954. Romney turned around the struggling firm by focusing all efforts on the compact Rambler car. Romney mocked the products of the “Big Three” automakers as “gas-guzzling dinosaurs” and became one of the first high-profile, media-savvy business executives.

              He took office as governor of Michigan in 1963 when Mitt was 15. He was re-elected by increasingly large margins in 1964 and 1966. Romney worked to overhaul the state’s financial and revenue structure, culminating in Michigan’s first state income tax, and greatly expanded the size of state government. Romney was a strong supporter of the American Civil Rights Movement. He briefly represented moderate Republicans against conservative Republican Barry Goldwater during the 1964 U.S. presidential election. He requested the intervention of federal troops during the 1967 Detroit riot.

              _______________________________________________

              It may have been telling the truth that eventually destroyed George Romney’s chances at the highest office in the land.  Perhaps that explains his son’s aversion to the truth today.

              Romney was a candidate for the Republican nomination for President of the United States in 1968. He was initially a front-runner but then he proved an ineffective campaigner at the national level. After a mid-1967 remark explaining that his earlier support for the Vietnam War  had been due to a “brainwashing” by U.S. military and diplomatic officials in Vietnam, Romney fell behind Richard Nixon in the polls.  (This was exactly what they did and what they continue to do today with visiting officials to war zones–Generals and other military officials and members of the diplomatic corp  carefully monitor and control what visiting dignitaries are allowed to see in order to brainwash them in favor of war.  Romney was doing nothing but telling the truth.)

              But George Romney broke all kinds of Republican rules with that statement about being brainwashed by the military.

              1. Never criticize the U.S. Military or diplomatic officials.

              2. Certainly never accuse them of doing what the enemy does–brainwashing (or torturing prisoners–although torture has become acceptable in some circles).

              3. If you speak against war, you are an anti-American Pinko

              Proclaim the Queen!

                Follow the money trail: Want to know why Harry Reid favors the bill to curb online piracy?

                January 28, 2012 in Democrats in Action

                Jan. 18, 2012 - On a recent episode of “Meet the Press,” Senate Majority Leader Harry Reid threw his support behind advancing legislation to curb online piracy. Both chambers of Congress have drafted legislation to address online piracy from foreign websites, but both bills have faced strong public outcry that has put their chances of passage in doubt.

                MapLight has conducted an analysis of campaign contributions from key industry groups to members of the U.S. Senate (July 1, 2005 – June 30, 2011) and found that:

                • Entertainment interest groups that support these bills gave 7.2 times as much ($14,423,991) to members of the U.S. Senate as Internet interest groups that oppose these bills ($2,011,332).
                • Senate Majority Leader Harry Reid has received 4.8 times as much from entertainment interest groups that support these bills ($571,500) as from Internet interest groups that oppose these bills ($118,050).

                SOURCE: MAPLIGHT

                Proclaim the Queen!

                  It’s time leaders at all levels stop pretending as if corporations cannot pay their own way like the rest of us!

                  January 28, 2012 in Corporations

                  It’s time to say NO to poor-mouthing wealthy Corporate beggars.

                  The real Welfare Queen panhandlers are the corporate “persons”.  They give a whole new meaning to the word “spanging.”  Instead of lines such as:  ”Brother,  sister, can you spare a dime.”  Out of their mouths we hear a tone more in keeping with a petulant little Lord Lord Fauntleroy:  ”I demand that I use all your community assets for nothing.”  ( It’s no wonder that community is a dirty word in their corner of the world.  It’s no wonder that they try to make Saul Alinsky out to be a communist–which he certainly was not.  Alinsky was not even a socialist.)  It’s time we insisted that not only our national, but also our state and local officials begin to demand that these globalized monsters and their wealthy investors stop getting a free ride on our backs!

                  First of all, no one can afford to pay their way better than a large multinational corporation and their wealthy investors.  Unlike the way they have treated us, it’s not like we are putting them or their wealthy investors out on the street.  They will all still make a healthy profit.  They can and should start paying their own way like the rest of us!  But they won’t until we elect leaders who insist the local, state and national give-aways to corporations stop.

                  It’s not just the President and Congress who are selling the American people out, it’s the local and state leaders of government too who are selling us off as slaves to multinational corporations and their wealthy investors.  None of it is necessary.

                  Just about four years ago to the day, Richard Vogel wrote a great case study titled “How Globalization Works:  Toyota Motor Manufacturing, Texas (TMMTX).  I wish that every American in the USA and especially those in Texas would read this article and wake up. This same story has happened in states all over the USA.

                  All total, TMMTX received $227 million dollars.  The people of the City of San Antonio, its school-age children,  and taxpayers of the USA were the big losers and  TMMTX and its wealthy investors were the winners.

                  The City of San Antonio lost millions of dollars in tax revenues for years to come.  These globalized corporate monsters write free tax rides into their contracts for years.  This particular contract included tax abatements for 10 years which total almost $30 million dollars in tax revenues.

                  The corporation gets electricity at one-third the price paid for by residential customers.  Now who do you think makes up the difference of the other tw0-thirds?  It’s damn sure not the electricity utility.  They are as greedy as TMMTX.  It’s the people of San Antonio.  they will pay the way for Toyota with their higher residential bills .

                  Mr. Vogel reported in his article that the  Texas deal included the following:

                  • The City of San Antonio paid for the purchase and preparation of the 2,600 acre TMMTX site; waived the fees for the extension of water, sewer, electricity, and natural gas services to the plant; and agreed to sell electricity to the corporation for one-third of the price paid by residential customers.
                  • The city also agreed to establish a 3-mile buffer zone around the plant and “to exercise its best efforts” to annex the zone in order to protect the interests of TMMTX.  The municipality also contributed several million dollars to construct a training center for TMMTX workers.
                  • The Southwest School District granted TMMTX a $45 million school tax abatement.
                  • Bexar County granted TMMTX a renewable, 10-year tax abatement worth $22 million and approved similar tax abatements to 15 TMMTX suppliers that totaled an additional $6.5 million.
                  • The state of Texas provided tens of millions of dollars of funding for road and rail infrastructure development to serve the plant, and millions of dollars to TMC and Alamo Community College to train workers for TMMTX.
                  • The Federal Government provided grants to the City of San Antonio, Alamo Community College, Bexar County, and the state of Texas to train TMMTX workers and provide transportation to and from work for them.
                  Proclaim the Queen!

                    Just because you are a Latino, doesn’t mean you are a Latino . .

                    January 27, 2012 in 2012 Elections

                    Ask Marc Rubio

                    No Somos Rubios.

                    How quickly some forget their roots.  SHAME ON Marco Rubio!

                    Marco Rubio: “I do not, and will not ever support blanket legalization of illegal immigrants. . .”

                    I wonder where Mr Rubio thinks that thousands of Cubans would be today if they weren’t the beneficiaries of what amounted to not only blanket legalization but over a billion dollars to these immigrants in government help? His parents emigrated to the USA in 1956 and became naturalized citizens. They were among the lucky ones who got out early.  But if “exceptions to the immigration laws” had not been made for thousands of Cubans, they and their descendants would not be living in the USA today.

                    The United States Congress passed the Cuban Adjustment Act in 1966. The Cuban Refugee Program provided more than $1.3 billion (approximately $4 billion in today’s dollars) of direct financial assistance. They also were eligible for public assistance, Medicare, free English classes, scholarships  and low-interest college  loans.   Some banks even pioneered loans for exiles who did not have collateral or credit but received help in getting a business loan. These loans enabled many Cuban Americans to secure funds and start up their own businesses.

                    Proclaim the Queen!