Deficit commission report 1

Link (pdf).  This thing is 50 pages long so I’m going to do it in several parts. It’s absolutely terrible and full of lies.  Its guiding principle was explained by Marx in Vol. I of Capital: The system of public credit, i.e., of national debts, whose origin we discover in Genoa and Venice as early… Continue reading Deficit commission report 1

More on the “forecosure issue”

As our elected officials have started to come to terms with what they’ve done: The financial services industry is growing increasingly concerned as more politicians get behind the idea of a broad moratorium on home foreclosures, which banks and many outside analysts say could be good short-term politics but terrible long-term policy.One senior Wall Street… Continue reading More on the “forecosure issue”

Fake Iraq exit #2

For fake exit #1, see this and this. As for the second attempt: Guardian The last US combat troops have left Iraq, seven-and-a-half years after the US-led invasion, and two weeks ahead of President Obama’s 31 August deadline for withdrawal from the country. The final troops to leave, 4th Stryker Brigade, 2nd Infantry Division, rolled… Continue reading Fake Iraq exit #2

New Pentagon media strategy

Not much to say about this other than that it’s surprisingly candid. The Pentagon is amping up efforts to explain its war strategy in Afghanistan to an increasingly war-weary public. …. “We are trying to get back to the Petraeus model that worked so well in Iraq,” said Pentagon press secretary Geoff Morrell. Link to… Continue reading New Pentagon media strategy