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The JImmy Dore Show 9-15-11

The Jimmy Dore Show sept 8, 2011

This Week:

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With Paul Gilmartin, Robert Yasumura, Steve Rosenfield, and Mike MaCrae

Originating from KPFK 90.7 FM in Los Angeles, The Jimmy Dore Show is an irreverent and humorous take on today’s headlines and hypocrites. The program skewers politicians as well as the corporate mouthpieces which make up today’s mainstream “news media.” Each and every week, The Jimmy Dore Show provides the unvarnished truth with a twist of funny.

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Sept. 11, war. Anyone who even peeked into a history book would never put an army in Afghanistan or Iraq. Now if you are going to ignore history the next question is what are we going to do that any different than what has been tried before?

Just because the jackass went to Yale doesn’t mean he’s not an idiot.

Videos for this episode:

Pat Robertson “Alzheimer’s, Divorce, OK” – “Oh My God!” Jimmy Dore Show 09/15/11
http://youtu.be/LblzjbznDyc

Rick Perry (Mike MacRae) Calls about NASA, HPV & Tea Party Debate – The Jimmy Dore Show, 09/15/11
http://youtu.be/dc_ya6mRl0k

[Sorry Jimmy; another long post, but I have to get the word out]

Hey Jimmy; going to fly in to visit and join us for a couple of days in Wall Street?

[url]https://encrypted.google.com/search?q=wall+street+protests&tbm=nws[/url]

Maybe do a show live from nearby Battery Park?

In a previous post I complained about how the situation is hopeless for American politics since there is not equal media access for all political candidates demonstrating a serious intent to campaign (which could be established by requiring petitions, a commitment of the candidate’s personal funds, whatever it may be, etc.) The people organizing this protest in Wall Street are not making nebulous and vague demands (as had often been the case in the past). This time the objectives are more straightforward and focused ones:

1) Money out of politics (sounds like a request for equal media access for political candidates to me; also sounds like reigning lobbyist spending in MUCH further…)

2) Just ANY prosecutions for the Lehman scandal and its consequent handling. What happened where Joseph Cassano of AIG was able to walk away from it all without so much as any CIVIL litigation for financial damages he presided over (never mind criminal charges…)

You will hear an argument spun by US law enforcement that as bad as what financial management did, the laws didn’t let them go after the perps who were reckless with other people’s money; that is a change-the-subject argument. The fact remains that a bailout overseen by most in DC should have required management at banks who were risk happy to be replaced. It was a tremendous missed opportunity to clean up the US finance industry.

Of course the management at banks were risk happy: what was the downside for them, whom both Hank Paulson and Geithener gave a free pass to? Heads I win, tails both you investors and the taxpayers funding the bailout lose??

Shareholders of the banks could have been required by a “bailout board” to nominate outside parties who had a proven track record of risk aversion (such as demonstrated by most of the Canadian banks during and after the Lehman crisis), and disbursement of bailout money (such as we did with the car industry) could have still required the approval of the Fed board of governors, most of whom are a fiscally conservative lot. If the shareholders had put forward cronies who had unimpressive records of risk management, the Fed Board of governors could have simply refused to bailout such banks.

The only time US law enforcement now goes after white collar criminals is when they sense “the natives are growing restless”; then they put on a good show to blame it all on a handful of guys/gals, to have the public at large “get it out of their system”. Example: look at the Enron prosecutions; do you really think it was all just Lay, Skilling, and a small coterie of their associates? Come on! Nobody in DC was involved?? Nobody at the SEC was liable for malfeasance over Madoff? Does that begin to make sense?? Where are the people who worked at SEC and the DOJ’s white collar criminal prosecutions unit during the Madoff debacle now? Working for six figures in the finance industry, thank you very much.

Bloomberg started talking to the press a few days ago about how the unemployment situation in this country was going to lead to riots and anarchy. Fact is, his NYPD intelligence unit briefed him that this protest was going to be big and he wanted to look as good as he could by getting out in front of it. News flash, Mike: it’s not just about jobs, though many in the corporate press will try and spin this protest’s story that way. Ultimately it’s about the political process now being OWNED. Just look at the situation now where Mike’s in court explaining what he was doing spending all the money that he was to police Independence party polling. Completely legal Mike, but is that a fair political process where a zillionaire gets protection but a lesser funded candidate does not? Where if you hand out a package of benefits to the City Council, you can sidestep a law passed by a previous referendum to get yourself reelected for a third term??

The jobs problem is just the aftermath of the political-process-being-owned problem. DON’T LET THE CORPORATE OWNED MEDIA OUTLETS REWRITE THE STORY ON THIS; SHOW UP IN WALL STREET. [For that matter, many should also be showing up at NY DOJ's headquarters (1 St.Andrew's Plaza, behind the Federal courthouses). Don't let the DOJ do their "Bread and Circuses" number yet again; insist on _real_ white-collar prosecutions for Lehman, AIG, Madoff, and the actions taken by the regulators and lobbyists in its aftermath.]

We should also be asking for an accounting of just what’s been done in the US investigation of Murdoch. Murdoch retained law enforcement in the UK; are we to now believe that wasn’t the case here? Are we to believe that US law enforcement is not dragging its heels on investigating this because it would also implicate actors in US law enforcement??

And no more “Free” Trade; if you create prison labor and pollute the crap out of the planet with impugnity, maybe we can’t enforce those laws within a trading partner’s borders, but we sure can at the border when their products get imported. Trade partners who violate human and ecological rights should have a clearly proscribed remedy that they can follow for lifting a tariff which gets imposed by a trading partner.

Because governments to date have often BSed about the reasons and remedies for trade tariffs, this led to the rise of the neoconservative “free trade” movement. We have seen where “free” trade gets us: countries who don’t have or enforce just laws end up with all the spoils of trade war; along with those working “on the inside” of the US, who sock it away in offshore accounts.

“Free” trade is just one more problem that can be shown to be the aftermath of a political process that is now owned; where people who have a sincere interest in public service would like to run for office but can’t get access to air time without a zillion dollars; where oligarchic candidates can retain web server farms, robo-dialers, Fox News (AND CNN, MSNBC, AND CBS; who try and sell the public into thinking they are bulwarks against media bias like Fox, yet subtly sell the line of their corporate owners…)

Monday morning the NYPD will be instructing visitors to Wall Street that unless they have a job or business there, that they are to leave the neighborhood. The police need to be reminded that the Mayor has already clearly stated that it is the right of the public to voice dissent. The Mayor’s Office will then argue that dissent is to be confined to places of their choosing, out of the spotlight of the cameras. So sorry: unless people voicing dissent are infringing on the rights of others by blocking streets, sidewalks, or building entrances (which the police have every right to insure are protected and kept clear -protesters please take note of that!!), the police have no right to quash your right of orderly and peaceful assembly in a public place, in broad daylight.

Note to NYPD+PBA: look at all the police unions who have recently gotten it in the neck; you want to go along with this program and also end up on the skids in another year or two with them?

Let’s get America back to where it was: a country that gave a crap! A country that patiently and doggedly invested in education and research; where promotions in the workplace were more often than not awarded based on what you accomplished, not who you knew. Where laws for criminal prosecution were _more often than not_ enforced, regardless of whether you were were rich or not. [Now the rule has become more not than often...]

Protesters, take note: don’t expect your cellphones to be working; plan your communications method ahead of time (e.g., places and times to periodically re-meet…) They will be shutting down the ‘net+cellphones in Wall Street, just like Mubarek did; but something tells me nobody’s going to ever get charged over it!

Pretty sad, huh? As economically bad off as they are, even Egypt is now pulling ahead of us in terms of press freedom.

Hey, but we gotta go along with the government controlling the Internet; I was just reading in the press about how bad all those hackers are…

Yeah, right; I’m sure companies getting hacked had nothing to do with their shaving profits on security spending [which is EXACTLY what a congressional hearing about the Sony hack determined; but hey, you think the corporate press is going to ever point THAT out? You think companies that sell crappy security in software are going to be found negligent and liable for damages??]

Hope your team can join us live, Jimmy! I think the floodlights that your team throws on hypocrisy in America would be well received there…

Hey Jimmy; going to fly in to visit and join us for a couple of days in Wall Street this week?

Maybe do a show live from nearby Battery Park?

In a previous post I had complained about how the situation is hopeless for American politics since there is not equal media access for all political candidates demonstrating a serious intent to campaign (which could be established by requiring petitions, a commitment of the candidate’s personal funds, whatever it may be, etc.) The people organizing this protest in Wall Street are not making nebulous and vague demands (as had often been the case in the past). This time the objectives are more straightforward and focused ones:

1) Money out of politics (sounds like a request for equal media access for political candidates to me; also sounds like reigning lobbyist spending in MUCH further…)

2) Just ANY prosecutions for the Lehman scandal and its consequent handling. What happened where Joseph Cassano of AIG was able to walk away from it all without so much as any CIVIL litigation for financial damages he presided over (never mind criminal charges…)

You will hear an argument spun by US law enforcement that as bad as what financial management did, the laws didn’t let them go after the perps who were reckless with other people’s money; that is a change-the-subject argument. The fact remains that a bailout overseen by most in DC should have required management at banks who were risk happy to be replaced. It was a tremendous missed opportunity to clean up the US finance industry.

Of course the management at banks were risk happy: what was the downside for them, whom both Hank Paulson and Geithener gave a free pass to? Heads I win, tails both you investors and the taxpayers funding the bailout lose??

Shareholders of the banks could have been required by a “bailout board” to nominate outside parties who had a proven track record of risk aversion (such as demonstrated by most of the Canadian banks during and after the Lehman crisis), and disbursement of bailout money (such as we did with the car industry) could have still required the approval of the Fed board of governors, most of whom are a fiscally conservative lot. If the shareholders had put forward cronies who had unimpressive records of risk management, the Fed Board of governors could have simply refused to bailout such banks.

The only time US law enforcement now goes after white collar criminals is when they sense “the natives are growing restless”; then they put on a good show to blame it all on a handful of guys/gals, to have the public at large “get it out of their system”. Example: look at the Enron prosecutions; do you really think it was all just Lay, Skilling, and a small coterie of their associates? Come on! Nobody in DC was involved?? Nobody at the SEC was liable for malfeasance over Madoff? Does that begin to make sense?? Where are the people who worked at SEC and the DOJ’s white collar criminal prosecutions unit during the Madoff debacle now? Working for six figures in the finance industry, thank you very much.

Bloomberg started talking to the press a few days ago about how the unemployment situation in this country was going to lead to riots and anarchy. Fact is, his NYPD intelligence unit briefed him that this protest was going to be big and he wanted to look as good as he could by getting out in front of it. News flash, Mike: it’s not just about jobs, though many in the corporate press will try and spin this protest’s story that way. Ultimately it’s about the political process now being OWNED. Just look at the situation now where Mike’s in court explaining what he was doing spending all the money that he was to police Independence party polling. Completely legal Mike, but is that a fair political process where a zillionaire gets protection but a lesser funded candidate does not? Where if you hand out a package of benefits to the City Council, you can sidestep a law passed by a previous referendum to get yourself reelected for a third term??

The jobs problem is just the aftermath of the political-process-being-owned problem. DON’T LET THE CORPORATE OWNED MEDIA OUTLETS REWRITE THE STORY ON THIS; SHOW UP IN WALL STREET. [For that matter, many should also be showing up at NY DOJ's headquarters (1 St.Andrew's Plaza, behind the Federal courthouses). Don't let the DOJ do their "Bread and Circuses" number yet again; insist on _real_ white-collar prosecutions for Lehman, AIG, Madoff, and the actions taken by the regulators and lobbyists in its aftermath.]

We should also be asking for an accounting of just what’s been done in the US investigation of Murdoch. Murdoch retained law enforcement in the UK; are we to now believe that wasn’t the case here? Are we to believe that US law enforcement is not dragging its heels on investigating this because it would also implicate actors in US law enforcement??

And no more “Free” Trade; if you create prison labor and pollute the crap out of the planet with impugnity, maybe we can’t enforce those laws within a trading partner’s borders, but we sure can at the border when their products get imported. Trade partners who violate human and ecological rights should have a clearly proscribed remedy that they can follow for lifting a tariff which gets imposed by a trading partner.

Because governments to date have often BSed about the reasons and remedies for trade tariffs, this led to the rise of the neoconservative “free trade” movement. We have seen where “free” trade gets us: countries who don’t have or enforce just laws end up with all the spoils of trade war; along with those working “on the inside” of the US, who sock it away in offshore accounts.

“Free” trade is just one more problem that can be shown to be the aftermath of a political process that is now owned; where people who have a sincere interest in public service would like to run for office but can’t get access to air time without a zillion dollars; where oligarchic candidates can retain web server farms, robo-dialers, Fox News (AND CNN, MSNBC, AND CBS; who try and sell the public into thinking they are bulwarks against media bias like Fox, yet subtly sell the line of their corporate owners…)

Monday morning the NYPD will be instructing visitors to Wall Street that unless they have a job or business there, that they are to leave the neighborhood. The police need to be reminded that the Mayor has already clearly stated that it is the right of the public to voice dissent. The Mayor’s Office will then argue that dissent is to be confined to places of their choosing, out of the spotlight of the cameras. So sorry: unless people voicing dissent are infringing on the rights of others by blocking streets, sidewalks, or building entrances (which the police have every right to insure are protected and kept clear -protesters please take note of that!!), the police have no right to quash your right of orderly and peaceful assembly in a public place, in broad daylight.

Note to NYPD+PBA: look at all the police unions who have recently gotten it in the neck; you want to go along with this program and also end up on the skids in another year or two with them?

Let’s get America back to where it was: a country that gave a crap! A country that patiently and doggedly invested in education and research; where promotions in the workplace were more often than not awarded based on what you accomplished, not who you knew. Where laws for criminal prosecution were _more often than not_ enforced, regardless of whether you were were rich or not. [Now the rule has become more not than often...]

Protesters, take note: don’t expect your cellphones to be working; plan your communications method ahead of time (e.g., places and times to periodically re-meet…) They will be shutting down the ‘net+cellphones in Wall Street, just like Mubarek did; but something tells me nobody’s going to ever get charged over it!

Pretty sad, huh? As economically bad off as they are, even Egypt is now pulling ahead of us in terms of press freedom.

(sarcasm)Hey, but we gotta go along with the government controlling the Internet; I was just reading in the press about how bad all those hackers are…(/sarcasm)

Yeah, right; I’m sure companies getting hacked had nothing to do with their shaving profits on security spending [which is EXACTLY what a congressional hearing about the Sony hack determined; but hey, you think the corporate press is going to ever point THAT out? You think companies that sell crappy security in software are going to be found negligent and liable for damages??]

Hope your team can join us live, Jimmy! I think the floodlights that your team throws on hypocrisy in America would be well received there…

P.S. Should NYPD succeed in abridging your rights to peacefully assemble in Wall Street this coming week, be sure to also visit Park Avenue between 46th and 55th Streets. Most banks are no longer in Wall Street but have long since moved to midtown. To people visiting NYC, you will find this to be the strip mall of offshore banking. If you ask where all the money went, look no further than here! Madoff’s old digs are in this neighborhood…

Observer 2, I agree with most of what you say. I did have a live interview From Occupy wall street on the show and am going to be doing more. Even naming the protesters as my Favorite Ameircans of the week.

Keep fighting the good fight!