NEW YORK (AP) – Every day for two years, he carried the toxic burden of a name that meant fraud to the world. On Saturday, the eldest son of disgraced financier Bernard Madoff hanged himself in his Manhattan apartment, another casualty in the saga that sent his father to prison and swindled thousands of their life savings. On the second anniversary of the day his father was arrested in the worst investment fraud in American history, Mark Madoff, 46, was found dead in the living room of his SoHo loft. He was hanging from a black dog leash while his 2-year-old son slept nearby. People close to him said he was despondent over press coverage of his father’s case, an ongoing criminal…
Continue reading …enlarge Nixon 1970 – a ceasefire . . at least with the press. Click here to view this media President Nixon delivered one of his rare press conferences during Prime Time on December 10, 1970. As press conferences went, there were no startling revelations and it all went pretty much to plan, including two announcements: Pres. Nixon: “I will announce tonight however, two I think important additions to the Administration. The first, Mister Rumsfeld is coming into the White House as a Counselor to the President on a full time basis and Mister Frank Carlucci will take over as the Director of OEO. He is his deputy and has done an outstanding job in that particular position and I believe in promoting a man who has done such a job to the top spot. Mister George Bush, the Congressman who was defeated in his bid for the United States Senate, I talked to yesterday and I’m very happy to report that he has agreed to take a top position in the Administration. That will be announced tomorrow at Mister Ziegler’s eleven o’clock conference. Mister Bush will be there.” Funny how those two names keep popping up. The gifts that just keep on giving.
Continue reading …Nancy Altman, author of The Battle for Social Security and co-director of Social Security Works. I was on a conference call yesterday with the National Committee to Preserve Social Security and Medicare, and after listing to experts explain why the proposed payroll tax holiday put Social Security in jeopardy, I asked what I thought was an obvious question: Since there were many smart people working in the White House, did these experts think the White House was oblivious to that risk — or was that the desired effect? They concurred it was more likely a matter of kicking the can down the road, concentrating instead on the weak recovery. “They have to look everywhere for ways to stimulate the economy,” said Nancy Altman, co-director of Social Security Works and author of The Battle for Social Security . “Republicans suggested this, they went for it.” Dean Baker, progressive economist and co-director of the Center for Economic and Policy Research, agreed. “I think that’s speculation, I don’t believe the administration planned in advance for this situation,” he said. “It simply wasn’t a priority for them. First and foremost, [it was to] get a deal with the Republicans. They weren’t really thinking down the line.” Barbara B. Kennelly, President of the National Committee to Preserve Social Security and Medicare, said the payroll tax holiday was “a longstanding Republican idea. I have no idea why they went for it. They wanted to give some stimulus to the economy.” They discussed several other issues, including the fact that the Make Work Pay credit was poorly publicized. “That was by design,” Baker said. “They wanted people to spend it, not to think of it as extra.” Kennelly said it would be a better to send a check for the payroll holiday amount directly to workers. “It would be better stimulus without an additional burden on employers,” she said.
Continue reading …PORT-AU-PRINCE, Haiti (AP) — Former Alaska Gov. Sarah Palin began a tightly stage-managed visit to Haiti on Saturday in which she visited cholera clinics while avoiding crowds and the press. The 2008 vice presidential candidate was a guest of Rev. Franklin Graham, whose aid group works in the impoverished country. Haiti is facing a brutal cholera epidemic while…
Continue reading …The Michigan-Michigan State hockey game on Saturday drew a world record crowd of just over 113 thousand. The fans saw a lopsided game as Michigan blanked Michigan State 5-0. (Dec 11)
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Continue reading …Imagine, if you will, an amusement park set to open in the not-too-distant future. But instead of roller coasters and cotton candy, this one will have”juvenile giraffes” and odes to the good ole days. Which to the founders of this wonderland occurred about 6,000 years ago, when man and T-Rex blithely roamed the Earth together. The year will be 2014. And the land of enchantment that commences operation that year will be a creationism theme park, which will exist aboard a “500-foot-long wooden replica of Noah’s Ark containing live animals,” so kids can learn how the Earth really began and ignore all that tripe about the Big Bang. It will accompany the already rocking Creation Museum in Boone County, Kentucky, which is devoted to a literal interpretation of the biblical story. This leads to certain challenges, of course, as Charles Pierce points out in his book Idiot America, such as providing a theoretical basis for how humans and dinosaurs co-existed, before the latter shuffled off this mortal coil. Which explains why Creation-Museum dinosaurs are afforded the privilege of donning an “English saddle, hornless and battered,” to remind them of their main purpose during their brief terrestrial experience: Serving as our Lippizanners. Just imagine how much fun the Kentucky Derby must have been back then! Perhaps, worst of all, not only is this scientific Frankenstein being built, but at the announcement of its pending, um, creation, was not some far-right loon, but the Kentucky Democratic Governor Steve Beshear. Perhaps its simple coincidence that in a year’s time, he shall once again stand before the voters of Kentucky as a candidate for governor. And that he arrived at the unveiling with a potential offering of over $37 bn in taxpayer-funded, tourism development incentives. Yes, I know, surely the Pirates of the Garden of Eden ride will provide jobs and lead to increased tourism for the area, but if the only requirement is to provide visitors with fantasy and pool a few shekels, why not just screen Russ Meyer movies or hand out signed copies of George W. Bush’s Decision Points? More…
Continue reading …Click here to view this media Lawrence O’Donnell and hosted a panel segment with Rep. Alan Grayson, the rabbi Michael Lerner, Jane Hamsher and Ralph Nader discussing the merits of a primary challenger to Barack Obama in 2012. Alan Grayson resisted answering whether he’d be willing to challenge the president, even though his name is one that comes up often in liberal circles with potential candidates to challenge Obama. The panel agreed that they didn’t think that the Democratic party needs a spoiler this time around and didn’t think that anyone who might challenge the president would have much of a chance of winning, but they all agreed that there had better be some push back from the left to pull the president back to the middle after his hard tack to the right and his willingness to coddle up to Mitch McConnell and the Republicans and their tax cuts for the rich. Lawrence O’Donnell also made up for his extremely rude behavior when Alan Grayson was on the show the previous night and apologized to him in the first part of this panel discussion which is not included here. More on their discussion below the fold. When asked if President Obama’s proposal had any hope of making it to the floor of the House or if we would just get more business as usual here, Grayson said he felt that the vote Democrats took was more than symbolic and that unless there were some major changes to the proposals, it would not come up for a vote on the floor of the House and that Nancy Pelosi would keep her promise to the caucus. Michael Lerner explained why he thought President Obama should face a primary challenger. As Lerner noted, there’s a “massive disaffection among most Democrats” that’s been wildly underestimated by our media and by President Obama and how the president has abandoned liberals on one issue after another and refused to show any backbone. As he pointed out if we want “to move Obama in any way, there has to be a serious political alternative” and the only way to do that is to run a “serious alternative” in the Democratic primary. Lerner talked about the amount of email he’s received and that most agree with him that this is the only way to push the president back in a progressive direction. And I love this point that Lerner made about how most people don’t even realize what progressives or liberals stand for with allowing Obama to be painted as a liberal, or a progressive, or sadly a Socialist. LERNER: And most Americans don’t even know what liberals and progressives are. They think Obama is the progressive. And if they think Obama is the progressive and the right wing calls him a Socialist, they have no idea that there are actually huge numbers of the people who really care for ordinary people, who care for the well being of each other, who don’t believe that the world can be made safe through domination and control, but recognize that the way to build homeland security is through generosity, through a global Marshall plan… And then O’Donnell cut him off when he was on a roll and asked him who he might support as a primary challenger to Obama. Lerner named Russ Feingold and Jane Hamsher immediately shot down how that prospect was extremely unlikely. Ralph Nader who is talking about running against President Obama in a primary talked about the need to pull Obama back to the left and how there might be quite a few very well qualified candidates that would be taken seriously if they ran against Obama. He also made some really great points on how we’re not spending enough time talking about what’s happened to the wages of the average worker and how we need to quit giving tax cuts to businesses when those cuts aren’t tied into them paying their work force more so they can earn a living wage as well. And as I mentioned before, Grayson declined to say whether he’d challenge Obama or not in a primary race but did say he’d be a lot happier seeing Obama pushed back to the left and getting his base reignited to vote for him again and that he felt it wasn’t too late for Obama to still do that. All in all I think it was a good discussion about what we’re facing now and what we do to move Obama back to the left and at this point, I tend to agree with them that a primary challenge if it forces him to defend abandoning what he campaigned on or start governing in the manner he campaigned on might not be such a bad idea and might be our only hope of moving him. He just took the hippie punching to a new level when he embraced these Bush tax cuts and setting up Social Security for bankruptcy with this latest deal with the Republicans. I think that’s a line in the sand none of us should be willing to cross no matter how bad the threats from the hostage takers. And I could go on from there with what I think about all of this and what we should do as liberals to solve our current dilemma, but I won’t because frankly, I’m just exhausted and disgusted right now and I don’t have any answers to how we deal with this and what’s going to work to move our politicians to do what’s right. I’m just another average person who works for a living and considers myself lucky to still have a job in this terrible economy and who is horrified by watching what’s going on around me and to those who are not as fortunate as I am. I’m also fully aware that myself or anyone else who is still working is only one disaster away from finding ourselves in the same state as well, even if you have a job that most would consider secure, so none of us should be taking what we have for granted in this environment. I find myself fearing that we’re going to be seeing uprising like we’re seeing in Europe now in America before anything gets any better and before our political class finally starts caring about the average working person instead of their wealthy campaign donors. It’s a sad state of affairs that it might come to that to finally get our politicians, especially those on the right, to show any concern for the masses that are suffering before they change their ways. They’ve got those teabaggers sand bagged for now. They had better be worried about what happens when the suckers finally turn on them.
Continue reading …Click here to view this media Frank Luntz and Sean Hannity were all appalled last night at the vicious and harsh language being used by those eeeeevil liberals this week in describing poor, put-upon conservatives as “hostage-takers” for merely holding up unemployment insurance payouts for poor people in order to force tax cuts for the wealthy down everyone’s throat. It was heart-wrenching. Of course, when your scenario is a heavy-duty fantasy like this one, it means that you’re going to be doing a lot of projection. Sure enough : HANNITY: Let me disagree with you. This is the liberals doing this. This is Obama attacking Republicans as hostage-takers. This is the Democratic Party saying, you know, the president f’d up, f him, screw him, he betrayed us, he’s betraying other – give me the example of where are conservatives using this rhetoric? LUNTZ: But nobody is listening. The problem is that the right isn’t listening to the left. The left isn’t listening to the right. HANNITY: I’m talking about the harsh vitriol and rhetoric is coming from the left. LUNTZ: I don’t disagree with the rhetoric, but I’m out with the public and I’m doing this now almost every other night and in all of the focus groups even when it is done for corporate clients or media clients. People aren’t listening to each other and they don’t want to hear what each other says. They are taking their news based on what affirms them rather than what informs them. They don’t even share the same basic facts and basic understanding. Sean, this country is more divided now than it has been since Vietnam. HANNITY: I see that, but — if I were to call President Obama the things that he’s calling conservatives, or that liberals are calling him, I probably would be, you know, victim of a boycott or firing. Hmmm. No small irony in Luntz observing that people are now “taking their news based on what affirms them rather than what informs them” on Fox News , of all places. And goodness, where could this disparaging rhetoric be coming from? Certainly it couldn’t be inspired by right-wing talkers like Sean Hannity, could it? After all, his rhetoric is always calm and reasonable and respectful, right? Well, maybe not so much … HANNITY: Because they are so harsh in their rhetoric, is this going to backfire? In other words, does this hurt the Democrats? Forget about the disagreement, which I think we have two very fundamental different views of which direction the country ought to go. I think Obama has failed as president, but this language, this incendiary rhetoric does that come back to hurt them? Pretty funny, isn’t it, how utterly un-self-aware these right-wing fanatics are. They can utter their own self-contradiction in the same sentence and not even recognize it. And when it comes to Obama, only Glenn Beck outdoes Hannity in terms of vicious and incendiary rhetoric on Fox. Of course, it’s unsurprising that Hannity would declare Obama a failure now, since he and his pal Limbaugh have been openly working for Obama’s failure from the very get-go, and he has constantly predicted that Obama would be a failure. And when it comes to vicious rhetoric toward liberals , he is again outdone on Fox only by Beck. Hannity mostly likes his little eliminationist jokes (“If we get rid of liberals, we solve our problems”). So yeah, Sean, we’re gonna cry you a river over being called out for being the hostage takers you are. Boo freaking hoo.
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