In a Time of Universal Deceit, Telling the Truth is Revolutionary.
Saturday, July 13, 2024

Reefer Madness Redux

When are we ever going to get it? The laws that include Marijauna as a class A drug right up there with heroin, LSD, magic mushrooms, methadone, morphine, opium, pethidine and penylcyclidine were originated by an effort of Henry Anslinger to promote marijuana as the drug of ax murderers. He is the guy who engineered the film “Reefer Madness” in order to promote the idea that America needed a second armed police force to deal with such drugs. The hysteria he generated gave us the Bureau of Alcohol, Tobacco and Firearms (BATF).

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Military slow to fix showers that killed soldiers

The military is racing to inspect more than 90,000 U.S.-run facilities across Iraq to reduce a deadly threat troops face far off the battlefield: electrocution or shock while showering or using appliances.

About one-third of the inspections so far have turned up major electrical problems, according to interviews and an internal military document obtained by The Associated Press. Half of the problems they found have since been fixed but about 65,000 facilities still need to be inspected, which could take the rest of this year. Senior Pentagon officials were on Capitol Hill this week for briefings on the findings.

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Americans on Obama: Still too early to tell

Americans are furious at Wall Street bonuses and wearied by job losses, but many seem ready to give President Barack Obama more time to deal with the nation’s economic crisis.

After his second prime-time news conference to defend the decisions he’s made since taking office two months ago, Obama appears to enjoy the confidence — or at least the patience — of ordinary Americans anxious about the economy.

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Geithner set to unveil regulatory crackdown

The Obama administration is proposing an extensive overhaul of financial regulations in an effort to prevent a repeat of the banking crisis last fall that toppled once-mighty institutions and wiped out trillions of dollars in investor wealth.

Officials said the administration will seek to regulate the market for credit default swaps and other types of derivatives and require hedge funds to register with the Securities and Exchange Commission.

Treasury Secretary Timothy Geithner was scheduled to outline the proposals in testimony Thursday before the House Financial Services Committee.

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More power for the Treasury Department

The Obama administration, seemingly in perpetual motion, is asking Congress for a massive expansion of the government’s powers to intervene in the financial system.

It would empower the treasury secretary to seize control of depository financial entities — investment banks, insurers, private equity firms, hedge funds — if they were "systemically important." The phrase awaits a precise definition, but basically it means that if one of those firms failed, a lot of others would, too.

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Barack Obama, your inexperience is showing

President Obama, your inexperience is showing once again — as is that of one of your most visible employees.

One of the most common mistakes made by inexperienced politicians is inappropriate use of humor. Take, for example, joking about the depressed economy. If you’re a two-term state senator, maybe you can be excused for joking about the economy or laughing about it. When you’re president of the United States, it’s inexcusable. Yet, Obama made that exact mistake in an interview on CBS’ "60 Minutes." Interviewer Steve Kroft called him on it:

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Time for an American counter revolution?

With Congress pushing back against his proposals for energy, taxes and other matters, President Barack Obama is taking a bend-but-don’t-break posture.

He will compromise on certain details if he must, he signaled at his news conference Tuesday evening, but not on the heart of his key initiatives.

His strategic retreats are a nod to political reality. He is angling to avoid confrontations he probably can’t win, but to sacrifice no more than is absolutely necessary.

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Obama’s huge budget marches through Congress

For now, President Barack Obama’s Democratic allies are endorsing his ambitious budget plan, but general agreements on fighting global warming and boosting health care promise to be severely tested later in the year as details are penciled in.

The Senate Budget Committee was poised to adopt Obama’s budget plan Thursday after approval by a companion House panel on a party-line vote late Wednesday.

Lawmakers are making modest adjustments to Obama’s blueprint as they advance budget plans that lay out a congressional road map for major legislation later this year on health care, energy and education.

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