Your bi-partisan politicians at work: floodgates to open to Wall Street misinformation

The hucksters are about to fill the airwaves with misinformation. From the New York Times:

Soon retirees and other investors will be barraged with advertisements for private stock offerings — via mail, cold calling, television, radio, billboards, the Internet and so on.Such advertising, which used to be banned under federal securities law, will make it easier for hedge funds, venture capitalists, start-ups and other nonpublic companies to find investors. It will also make it easier for hucksters and rip-off artists to lure people into unsuitable investments and outright frauds because private offerings are not subject to disclosure requirements and other investor protections that apply to publicly held companies. Bipartisan majorities in Congress and President Obama are to thank for this development. Bowing to the financial industry, they joined forces last April to pass a law that requires the Securities and Exchange Commission to lift the ban on mass advertising of private offerings.

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Military Voting Philosophy

I remember the presidential election of 2004, during which the armed services were flooded with the message that it was seditious to speak out against your Commander in Chief, and certainly bad to consider voting against your own commander. Luminaries of the time like Ann Coulter published the principle that anyone who casts doubt on ones president is a traitor. This was a solidly accepted conservative plank. But the message fed to members of the armed forces has changed for the 2012 election: Not My President This image has been going around on Facebook, among other sources. I suspect that the message they receive about their Commander in Chief is different than before. There also is a busy meme insinuating that Democrats are busily working to deny military members their right to absentee vote. Does this mean that the military is a Republican organization? Or does it cleave to one of the Three Tea Party branches?

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How Rights Become Privileges: MO Amendment 2

The 2012 Missouri primary had several important lessons to impart. The first, which I may have discussed in previous election years, is that the way to bring the "correct" voters to the polls is to have an apparently innocuous but important candidate or issue and a loud, contentious issue or candidate that only seems to matter to one side. In this primary cycle, there was a preponderance of hotly contested Republican seats, and a very dangerous, never advertised Tea Party constitutional amendment. Republicans came out to vote overwhelmingly, and the Amendment passed resoundingly. The full body of the amendment is at the bottom of this article. Basically on the ballot it read as if it was just reinforcing the first clause of the first amendment to the U.S. Constitution.

  • In reality, it says that people have the right to worship the (singular, Christian) Almighty God (but not all those others) including to pray whenever their conscience dictates (such as during science classes).
  • Public meetings can now be started with exclusionary prayers as long as the officiant is invited by someone.
  • I have not yet figured out how the mandatory publishing of the Bill of Rights in schools will be twisted, but I expect as a precedent to posting the Ten Commandments adjacent (as an alleged inspirational source)
  • Students cannot be punished for refusing to do assignments that might conflict with their faith (evolution, geology, astronomy, etc).
So I expect Missouri to soon be incurring legal fees on the order of replacing several major bridges, or (more likely) in lieu of funding science education for a decade. [More (Including the language of the Amendment)]

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Elementary Election Protest Too Muchedness

For the last few weeks I'd been receiving approximately daily post cards protesting the electric company considering a rate hike of more than a few percent in order to finance and build future power plants to replace some of the nearing dangerously obsolete ones. Some mailing came from a very liberal local politician with whom I generally agree. Someone is spending bales of money to encourage people to not-want to spend more for what they are already getting. Seems like sweeping the water downstream, to me. But I'm a Tanstaafl skeptic: Rebuilding infrastructure without incurring crippling debt does not seem like such a bad idea, my knee jerks. Also, local electric rates are lower than when I was in college, when adjusted for inflation, so it seems about time for a rate hike, anyway. Yesterday I finally got a rebuttal mailing that describes the finances behind this odd campaign: PAC affiliated with aluminum corporation at play in state Senate primaries. Yep, an aluminum company fears that it will have to raise prices, because a major part of the process of making it requires megawatts of electricity. Here's how aluminum is made, if you are at all curious: So now we know who has the profitability to outspend a huge power company on a campaign to make people do what they want to do anyway, and things are making sense, again.

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Corporate corruption of college

Chris Hedges at Truthdig:

Corporate culture, which now dominates higher education, shares the predatory culture of the military. These cultures are about subsuming the self into the herd. They are about the acquiring of technical, vocational skills to serve the system. And with the increasing budget cuts, and more craven obsequiousness to corporate donors, it will only get worse. These forces of conformity are hostile to the humanities that teach students to question assumptions and structures, that prod them to seek a life of meaning and an ethical code that challenges the blind, utilitarian obedience to power and profit that corporations and the military instill. We will, I fear, continue to turn out the intellectually stunted and maimed, those who know school football records but no philosophy, drama, art, music, theology, literature or history. The goal of an education is not, in the end, to tell students what to think but to teach them how to think.

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