Tobacco money at work at Congress

When a product kills 450,000 Americans every year, don't you think it deserves a high level of scrutiny and regulation? I mean, aren't you a bit surprised that it's even illegal, given that marijuana, which kills nobody (except due to insanely reactionary law enforcement), is completely outlawed? Consider that the bodies of the people killed by tobacco every year would stretch more than 500 miles, if laid end to end. Every one of those dead people were using tobacco products exactly as anticipated by the manufacturers. Those dead bodies could stretch from New York City to Charlotte, North Carolina (or pick your own 500 mile radius). Can you imagine the tobacco executives walking along one of those 500 mile lines of dead bodies, justifying the carnage? Walking, whistling and thinking, "Just look at all of those people who were dumb enough to buy that highly addictive product that I promoted and sold . . ." And now consider the morals of some of our politicians. Step forward, Senators who oppose the new law that subjects tobacco to FDA regulation. Thanks to McClatchy Newspapers, we know that many of you are tobacco whores:

Among the 17 senators who voted against allowing the Food and Drug Administration to regulate tobacco are some of the top recipients of campaign contributions from the tobacco industry, which has donated millions of dollars to lawmakers in the past several campaign cycles.

If you want more details who which tobacco whore has received how much money, visit OpenSecrets.org. Consider, too, that the corruption that exists with regard to tobacco, also exists with regard to any major industry. For instance, consider health care, defense contracting, farming (including wasteful corn ethanol subsidies), and last but not least, the financial "services" industries. Serving themselves to our tax-dollars. Now I'm not for outlawing tobacco. But I am for unleashing a torrent of high-profile prime-time advertising that would show the death and destruction caused by tobacco up close and in nauseating detail. And I am for allowing the FDA to join in the war against smoking. Why? Consider this comment from Dick Durbin from a report by MSNBC:

"This is a bill that will protect children and will protect America," said Sen. Dick Durbin, D-Ill., a leading supporter. "Every day that we don't act, 3,500 American kids — children — will light up for the first time. That is enough to fill 70 school buses."

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Mexican judge’s execution called a hoax!

Mexican Supreme Court judge scheduled to be executed. Criminals to be set free! Assimulated Press Mexico City, Mexico - The Mexican Supreme Court voted unanimously to allow the entire criminal population of Mexico to be set free in exchange for the execution of one of its judges. In a statement released to the press on Wednesday, the aptly named judge Jesus Santos declared that his death would be a fair exchange for all of the crimes committed by all of the criminals incarcerated. “My sacrifice will substitute for their sentences. They will all be set free forever.” The president of Mexico, Felipe Calderón, addressed the country on national television. “This is a great day for certain chosen people of Mexico who have been oppressed for far too long. We have picked one of our own to suffer for you so that you can be free.” Execution by lethal injection is set for this Friday at 3:00. Judge’s death called a hoax! Assimulated Press Mexico City, Mexico - Just three days after being put to death by lethal injection, the body of Mexican Supreme Court judge Jesus Santos is missing. Judge Santos had been executed as payment for the sentences of all Mexican criminals and since Friday the jails have been emptied. However, early Sunday morning three cemetery caretakers found the door to his mausoleum pushed aside and the coffin empty.

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Jim Cramer, exposed

Jon Stewart is at his journalistic best here. This was filmed in March 2009, though I hadn't seen it until today. Jim Cramer desperately tries to spin himself out of Stewart's devastating indictment. Truly worth watching:

The Daily Show With Jon Stewart M - Th 11p / 10c
Jim Cramer Pt. 2
thedailyshow.com
Daily Show Full Episodes Economic Crisis Political Humor
The Daily Show With Jon StewartM - Th 11p / 10c
Jim Cramer Pt. 3
thedailyshow.com
Daily Show
Full Episodes
Economic CrisisPolitical Humor

Continue ReadingJim Cramer, exposed

Massively dysfunctional enforcement at the SEC and the Fed

TMP has presented a terrible, yet not surprising, description of the enforcement arm of the SEC. Based on this detailed description of this dyfunctional enforcement arm, no wonder securities fraud has been running rampant. Oh, and on a related note, Huffpo reports that:

The inspector general tasked with overseeing and auditing the Federal Reserve knows pretty much nothing about what the Fed is doing. . . . She did not know where the Fed has invested its $2 trillion on the liability side of the balance sheet. "I do not know. We have not looked at that specific area at this particular point on," she said.

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Obama to credit card companies: stop ripping off American consumers

Could you ever imagine George W. Bush scolding credit card companies for "ripping off" and "abusing" American consumers? Barack Obama is proposing to do away with the fine print and to do away with profits that depend on misleading hard-working families by hiding fees and penalties. He wants to sign a bill reforming the industry by Memorial Day.

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