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Archive for September 22nd, 2008

Late Late Nite FDL: Heart Attack And Vine

Posted in Main Blog (All Posts) on September 22nd, 2008 4:50 am by HL

Late Late Nite FDL: Heart Attack And Vine
Tonight Swiss vocalist, Claudia Bettanglio, rocks the boat in Little Rock, Arkansas, with another Swiss native, Hank Shizzoe and band doing a cover of Tom Waits original, Heart Attack and Vine. Followed by sweet song, “All I Want To Be” from the first Mudphish concert.

Hank Shizzoe & Claudia Bettinaglio”Heartattack and Vine”

Mudphish – Claudia Bettanglio & Pink Pedrazzi “All I Wanna Be”

Tonight Swiss vocalist, Claudia Bettanglio, rocks the boat in Little Rock, Arkansas, with another Swiss native, Hank Shizzoe and band doing a cover of Tom Waits original, “Heart Attack and Vine”. Followed by sweet song, “All I Want To Be” from the first Mudphish concert.

What’s on your mind tonight?


John McCain Has a Bizarre History of Hiding Evidence About His Fellow POWs

Posted in Main Blog (All Posts) on September 22nd, 2008 4:49 am by HL

John McCain Has a Bizarre History of Hiding Evidence About His Fellow POWs
McCain has worked very hard to hide from the public stunning information about American prisoners in Vietnam who, unlike him, didn’t return home.


Full Text Of Obama’s Berlin Speech

Posted in Main Blog (All Posts) on September 22nd, 2008 4:48 am by HL

Full Text Of Obama’s Berlin Speech
It’s after the jump. Dig in. Video and more soon. Late Update: Here’s the vid……


Loaded Questions

Posted in Main Blog (All Posts) on September 22nd, 2008 4:47 am by HL

Loaded Questions
We dug into the internals on the latest Fox News poll, and some of the questions might surprise you (or might not, since it’s Fox). Example: Have you heard any of your friends and neighbors say there is something about…


The LiberalOasis Radio Show: Bailout Edition

Posted in Main Blog (All Posts) on September 22nd, 2008 4:46 am by HL

The LiberalOasis Radio Show: Bailout Edition

David Pakman, who guest hosted this week’s edition of the LiberalOasis Radio Show, has the podcast up at this link on the Midweek Politics site. Pakman covered the financial crisis, more great Sarah Palin moments and the continued drumbeat of smears on right-wing radio against Obama.


Bush?s Legacy Of Squandering Taxpayer Money

Posted in Main Blog (All Posts) on September 22nd, 2008 4:45 am by HL

Bush?s Legacy Of Squandering Taxpayer Money
Yesterday, President Bush announced his $700 billion plan to buy out troubled financial institutions. Demanding enormous faith in his administration’s stewardship, the plan “would place no restrictions on the administration other than requiring semiannual reports to Congress, granting the Treasury secretary unprecedented power to buy and resell mortgage debt,” and to hire outside firms “to […]

bush-paulson_phixr.jpgYesterday, President Bush announced his $700 billion plan to buy out troubled financial institutions. Demanding enormous faith in his administration’s stewardship, the plan “would place no restrictions on the administration other than requiring semiannual reports to Congress, granting the Treasury secretary unprecedented power to buy and resell mortgage debt,” and to hire outside firms “to help manage its purchases.” Further, the proposal provides no oversight mechanism:

Sec. 8. Review: Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency.

Bush is demanding unprecedented control over billions of dollars — with no oversight. His history of mismanaging taxpayer dollars should make Americans skeptical of his buyout plan:

IRAQ RECONSTRUCTION

$142 million wasted on reconstruction projects that were either terminated or canceled. [Special Inspector General for Iraq, 7/28/08]

“Significant” amount of U.S. funds for Iraq funneled to Sunni and Shiite militias. [GAO Comptroller, 3/11/08]

$180 million payed to construction company Bechtel for projects it never finished. [Federal audit, 7/25/07]

$5.1 billion in expenses for Iraq reconstruction charged without documentation. [Special Inspector General for Iraq Reconstruction report, 3/19/07]

$10 billion in spending on Iraq reconstruction was wasteful or poorly tracked. [GAO, 2/15/07]

Halliburton overcharged the government $100 million for one day’s work in 2004. [Project on Government Oversight, 10/8/04]

KATRINA

Millions wasted on four no-bid contracts, including paying $20 million for an unusable camp for evacuees. [Homeland Security Department Inspector General, 9/10/08]

$2.4 billion in contracts doled out by FEMA that guaranteed profits for big companies. [Center for Public Integrity investigation, 6/25/07]

-An estimated $2 billion in fraud and waste — nearly 11 percent of the $19 billion spent by FEMA on Hurricanes Katrina and Rita as of mid-June. [New York Times tally, 6/27/06]

“Widespread” waste and mismanagement on millions for Katrina recovery, including at least $3 million for 4,000 beds that were never used. [GAO, 3/16/06]

DEFENSE CONTRACTS

A $50 million Air Force contract awarded to a company with close ties to senior Air Force officers, in a process “fraught with improper influence, irregular procedures, glaring conflicts of interest.” [Project on Government Oversight, 4/18/08]

$1.7 billion in excessive fees and waste paid by the Pentagon to the Interior Department to manage federal lands. [Defense Department and Interior Department Inspectors General audit, 12/25/06]

$1 trillion unaccounted for by the Pentagon, including 56 airplanes, 32 tanks, and 36 Javelin missile command launch-units. [GAO, 5/18/03]

Given Bush’s history of gross fiscal mismanagement — including an unprecedented number of no-bid contracts and Bush’s resistance to closing fraud loopholes or increasing oversight of contracts — why should Americans trust another $700 billion to his care? Paul Krugman writes, “Let’s not be railroaded into accepting an enormously expensive plan that doesn’t seem to address the real problem.”