Putting the bank “bailout” in perspective

Robert Sheer has crunched some big numbers and shared them at TruthDig:

The good news on the government’s “No Banker Left Behind” program is that, according to the special inspector general’s report on Tuesday, the total handout to date is still less than 3 trillion dollars. It’s only $2.98 trillion, to be precise, an amount six times greater than will be spent by federal, state and local governments this year on educating the 50 million American children in elementary and secondary schools. The bad news is that even greater amounts of money are to be thrown down what has to be the world record for rat holes...

Now Summers and the other finance gurus who move so easily from Wall Street to Pennsylvania Avenue assure us that those professionals who made the toxic swap deals are too big to fail and must be entrusted with 3 trillion of our dollars to save themselves from disaster. And thanks to the laws they wrote, the bankers are likely to be covered for their socially destructive behavior by a get-out-of-jail-free card.

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JREF Censored on YouTube via DMCA

YouTube has suspended the James Randi Education Foundation channel, The FriendlySkeptic. JREF hopes to get it back soon. From the video information:

To complain to YouTube follow this link Scroll to the very bottom and click on "new issue" Select "suspended account" from the options and express your opinion. Download the video above from MediaFire The DMCA is a wonderful 1990's Act of Congress that lets printer manufacturers file a copyright to block third party ink refills in the name of protecting children from pornography. Clause after clause of this act are getting struck down by the Supremes, but still it limps along frustrating mostly legitimate users who run into it. Anyway, DCMA forces YouTube to suspend an account if anyone makes a claim that something uploaded violates a copyright held by another. Then, after cautious investigation, the account may be reinstated. Technically the filer of a false claim is liable to criminal charges. But this has apparently never been executed. The closest case I know of was Thunderf00t vs. VenomfangX, where a Creationist made a false claim of infringement on the author of the "Why People Laugh At Creationists" series. Meanwhile another prominent bastion of proper skepticism has been banned from YouTube.

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“Extenuating circumstances” for faking drug testing data?

I don't get it. The Wall Street Journal recently reported that

A prominent Massachusetts anesthesiologist allegedly fabricated 21 medical studies that claimed to show benefits from painkillers like Vioxx and Celebrex, according to the hospital where he worked.

This fabrication is not surprising in light of the fact that Vioxx has now been shown to be of highly questionable effectiveness and based on real world use that has arguably caused tens of thousands of deaths--people who had heart attacks because they used Vioxx when they could have, instead, continued to use the extremely safe over-the-counter drug Naproxen. But then comes the good part, a claim by Dr. Rueben's attorney:

"Dr. Reuben deeply regrets that this happened," said the doctor's attorney, Ingrid Martin. "Dr. Reuben cooperated fully with the peer review committee. There were extenuating circumstances that the committee fairly and justly considered." She declined to explain the extenuating circumstances.

There you have it. There were "extenuating circumstances" for faking data in 21 medical studies. I wonder what those "extenuating circumstances" were? The desire to get rich by conniving with a dirty drug company (see the article for the evidence)? Our did those "extenuating circumstances" include the lack of any sense of professional responsibility? Or did those "extenuating circumstances" include sadistic impulses to endanger the lives of thousands of people?

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Obama Backlash Growing Quickly

For the last eight years, the fear and doubt crowd have had one of their own in the head office. Comforted that science will be suppressed and church programs will be federally funded, the vocal conservatives fell into relative complacency. Or did I miss it? But now, the flood gates are opening. The "gun nuts" are buying up weapons and ammunition creating a price spike never before seen. Why? Because they are convinced that Obama is a communist who will outlaw their guns and tax their ammo. The anti-family-planning crowd is staging bigger sit-ins at health clinics. They are also submitting bills to local, state, and federal government to restrain the feared upsurge in availability of contraception and related information. He overturned the stem cell funding ban. Now discarded blastocysts are again eligible research subjects rather than just trash. The humanity! After all, they quail, if we don't respect trashed cell clusters as people, how can we possibly value adult citizens? Anti-science groups are pushing ever more vocally for science in schools to be properly tempered by religious counterpoints. Bills appear in state after state calling for "Academic Freedom," meaning to give the Bible equal weight as proven science in schools. Yes, this started long ago, but now they have greater urgency. The conservative media is calling Obama's initial tax cuts a hike, and his pushing through of the stimulus package (that had been in the works for months under his predecessor) as typical unrestrained Democrat unilateral spending. They can get away with it because they knew that the necessary spending will pass whether or not they approve it. Looking tough with no teeth is all they have, at present. Recall the political fury during the 1930's depression. A Democrat prevailed over strong Republican objections and turned the country around doing basically what Obama is now doing. He kept getting re-elected because he got results. Results directly opposite of all the dire predictions of the Republicans. Basically, the same arguments being made now against Obama.

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Obama will jettison Bush’s accounting fraud

This from the NYT:

For his first annual budget next week, President Obama has banned four accounting gimmicks that President George W. Bush used to make deficit projections look smaller. The price of more honest bookkeeping: A budget that is $2.7 trillion deeper in the red over the next decade than it would otherwise appear, according to administration officials.

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