








photography, politics, news, travel: beyond the mainstream
$6 billion from K-12 schools and community colleges over two years
$3 billion from the University of California and California State University systems
$1.3 billion from Medi-Cal, the state's healthcare program for the poor
$1.2 billion from the state prison system
Lincoln supported the slave trade when he was in the House. He supported the Fugitive Slave Act. In the first inaugural lecture he gave, he supported the first proposed Thirteenth Amendment, which said there would be slavery forever in America, the unamendable amendment. That was Lincoln. If it were not for the abolitionist movement, the courageous black and white freedom fighters, from John Brown to Douglass, who put pressure on Lincoln, we would have been dealing with a white supremacist Lincoln.
Lincoln became great, because a social movement pushed him against slavery in that regard. And Obama is looking to the wrong Lincoln. And if he doesn’t understand the greatness of Lincoln was responding to the social movements of working people and poor people, he’s going to end up with a failed presidency, with a lot of symbolic gestures, but, on the ground, everyday people, those Sly Stone called “everyday people,” suffering still.
Protesters inside the mosque chanted “Allah o Akbar”, “Azadi… Azadi” (Freedom… Freedom) and slogans against Russia and China.
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It is worth mentioning that there was a loudspeaker inside the mosque which chanted, “Death to America!”, but every time that slogan was heard, people loudly replied with, “Death to Russia, Death to China!”
Basijis and other security forces today brutalized protesters once again. At least two people were shot and one girl was reportedly killed during the protests. Basijis used batons to beat people – even small children and women were not spared. Many women were reportedly stabbed with knives by Basijis dressed as women. Several mosques around the city were packed with Basijis waiting to come out and clash with protesters.
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered."
“Goldman is essentially the last investment house standing,” said Matt McCormick, a banking analyst at Bahl and Gaynor Investment Counsel. “So they have the ability not only to attract and retain great employees, but they have the ability to attract and retain great clients."
By now, most of us know the major players. As George Bush's last Treasury secretary, former Goldman CEO Henry Paulson was the architect of the bailout, a suspiciously self-serving plan to funnel trillions of Your Dollars to a handful of his old friends on Wall Street. Robert Rubin, Bill Clinton's former Treasury secretary, spent 26 years at Goldman before becoming chairman of Citigroup — which in turn got a $300 billion taxpayer bailout from Paulson. There's John Thain, the asshole chief of Merrill Lynch who bought an $87,000 area rug for his office as his company was imploding; a former Goldman banker, Thain enjoyed a multibilliondollar handout from Paulson, who used billions in taxpayer funds to help Bank of America rescue Thain's sorry company. And Robert Steel, the former Goldmanite head of Wachovia, scored himself and his fellow executives $225 million in goldenparachute payments as his bank was selfdestructing. There's Joshua Bolten, Bush's chief of staff during the bailout, and Mark Patterson, the current Treasury chief of staff, who was a Goldman lobbyist just a year ago, and Ed Liddy, the former Goldman director whom Paulson put in charge of bailedout insurance giant AIG, which forked over $13 billion to Goldman after Liddy came on board. The heads of the Canadian and Italian national banks are Goldman alums, as is the head of the World Bank, the head of the New York Stock Exchange, the last two heads of the Federal Reserve Bank of New York — which, incidentally, is now in charge of overseeing Goldman — not to mention …
They achieve this using the same playbook over and over again. The formula is relatively simple: Goldman positions itself in the middle of a speculative bubble, selling investments they know are crap. Then they hoover up vast sums from the middle and lower floors of society with the aid of a crippled and corrupt state that allows it to rewrite the rules in exchange for the relative pennies the bank throws at political patronage. Finally, when it all goes bust, leaving millions of ordinary citizens broke and starving, they begin the entire process over again, riding in to rescue us all by lending us back our own money at interest, selling themselves as men above greed, just a bunch of really smart guys keeping the wheels greased. They've been pulling this same stunt over and over since the 1920s — and now they're preparing to do it again, creating what may be the biggest and most audacious bubble yet.
That summer, as the presidential campaign heated up, the accepted explanation for why gasoline had hit $4.11 a gallon was that there was a problem with the world oil supply. In a classic example of how Republicans and Democrats respond to crises by engaging in fierce exchanges of moronic irrelevancies, John McCain insisted that ending the moratorium on offshore drilling would be "very helpful in the short term," while Barack Obama in typical liberal-arts yuppie style argued that federal investment in hybrid cars was the way out.
But it was all a lie. While the global supply of oil will eventually dry up, the shortterm flow has actually been increasing. In the six months before prices spiked, according to the U.S. Energy Information Administration, the world oil supply rose from 85.24 million barrels a day to 85.72 million. Over the same period, world oil demand dropped from 86.82 million barrels a day to 86.07 million. Not only was the shortterm supply of oil rising, the demand for it was falling — which, in classic economic terms, should have brought prices at the pump down.
After the oil bubble collapsed last fall, there was no new bubble to keep things humming — this time, the money seems to be really gone, like worldwide-depression gone. So the financial safari has moved elsewhere, and the big game in the hunt has become the only remaining pool of dumb, unguarded capital left to feed upon: taxpayer money. Here, in the biggest bailout in history, is where Goldman Sachs really started to flex its muscle.
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By the end of March, the Fed will have lent or guaranteed at least $8.7 trillion under a series of new bailout programs — and thanks to an obscure law allowing the Fed to block most congressional audits, both the amounts and the recipients of the monies remain almost entirely secret.
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Goldman's primary supervisor is now the New York Fed, whose chairman at the time of its announcement was Stephen Friedman, a former co-chairman of Goldman Sachs. Friedman was technically in violation of Federal Reserve policy by remaining on the board of Goldman even as he was supposedly regulating the bank; in order to rectify the problem, he applied for, and got, a conflictofinterest waiver from the government. Friedman was also supposed to divest himself of his Goldman stock after Goldman became a bankholding company, but thanks to the waiver, he was allowed to go out and buy 52,000 additional shares in his old bank, leaving him $3 million richer.
The new carboncredit market is a virtual repeat of the commodities-market casino that's been kind to Goldman, except it has one delicious new wrinkle: If the plan goes forward as expected, the rise in prices will be government-mandated. Goldman won't even have to rig the game. It will be rigged in advance.
The collective message of all this — the AIG bailout, the swift approval for its bankholding conversion, the TARP funds — is that when it comes to Goldman Sachs, there isn't a free market at all.
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And here's the real punch line. After playing an intimate role in four historic bubble catastrophes, after helping $5 trillion in wealth disappear from the NASDAQ, after pawning off thousands of toxic mortgages on pensioners and cities, after helping to drive the price of gas up to $4 a gallon and to push 100 million people around the world into hunger, after securing tens of billions of taxpayer dollars through a series of bailouts overseen by its former CEO, what did Goldman Sachs give back to the people of the United States in 2008?
Fourteen million dollars.
That is what the firm paid in taxes in 2008, an effective tax rate of exactly one, read it, one percent. The bank paid out $10 billion in compensation and benefits that same year and made a profit of more than $2 billion — yet it paid the Treasury less than a third of what it forked over to CEO Lloyd Blankfein, who made $42.9 million last year.
How is this possible? According to Goldman's annual report, the low taxes are due in large part to changes in the bank's "geographic earnings mix." In other words, the bank moved its money around so that most of its earnings took place in foreign countries with low tax rates. Thanks to our completely fucked corporate tax system, companies like Goldman can ship their revenues offshore and defer taxes on those revenues indefinitely, even while they claim deductions upfront on that same untaxed income. This is why any corporation with an at least occasionally sober accountant can usually find a way to zero out its taxes. A GAO report, in fact, found that between 1998 and 2005, roughly twothirds of all corporations operating in the U.S. paid no taxes at all.
As capitalism reaching the height of its boom phase, prices and wages start to go up in response to the increasing demand for labor and goods. Hungry for profits, capitalists borrow huge sums of money from banks and other lenders in order to get in on the profit bonanza, thereby taking on huge debts that they expect to pay off from windfall profits. Debt, in other words, helps prolong the boom by offering cheap money to investors; but it sets them up for bigger falls once the crisis hits, because it creates an intricate financial chain, that, if broken, threatens a financial crisis. (page 64)
Each economic crisis accelerates the centralization and concentration of capital, the big fish eating the small fish (or the profitable fish eating the bankrupt fish).(page 65)
Kordestan province and many other Kurdish areas in Iran’s northwest observed a strike today. The strike was held in remembrance of Kurdish political activist, Dr. Abdorrahman Ghasimlo and in protest of the elections. All shops were closed in Saqez, Mahabad, Bokan and Sardasht as well as a few areas in Urumieh. The general strike was so wide-spread in Saqez that even rural areas around that city closed all shops in a show of solidarity. Transportation was completely jammed. No taxis could be seen on the streets of Saqez.
It has now been confirmed that Mir Hossein Mousavi, Mahdi Karoubi and Mohammad Khatami will be attending this week’s Friday prayers which will be lead by Hashemi Rafsanjani. In the past three weeks, Rafsanjani didn’t lead prayers in Tehran’s Friday Prayers mosque even though he is one of the four Imams of the mosque who lead prayers there in turns. There are reports that the Sea of Green might use the opportunity to conduct protests, but they remain unconfirmed as of yet.
Rasht, Ahvaz, Shiraz, Mashad all seen lge protests. Chants of death to dictator at some, others silent march. #iranelection #gr88
V large protests Shiraz. More reports of protest in almost every city in Iran & arnd the world. Organised by the ppl 4 the ppl
Unconfirmed: shots heard at Azadi squ. helicopters all over tehran - #iranelection #gr88
Avoid Mirdamad, reports clashes and fire. Unconfirmed but better stay safe. #iranelection #gr88
Getting 2 many reports 2 keep up w/. Clashes all ovr Tehran, protests all ovr Iran. Again Mullahs join protest in Mashad #iranelection
Gunshots heard Keshavarz Blvd and Azadi square. Cannot confirm. report fire Mirdamad. Be careful ppl #iranelection #gr88
Unconfirmed reports: Shots heard Azadi squ, reports of several injured. I cannot confirm. #iranelection #gr88
Appears now there HAS been shooting at protesters at Azadi Squ. Be safe, if it is very rough go to nearest mosque. Pray for the dead. #i ...
Shooting reported Azadi and Enghelab. #iranelection #tehran #gr88
Reports; Families coming out together,. Babol , Kerman, Ahvaz , Rasht, Tabriz, Shiraz, Hamadan, kerman #iranelection #gr88
V, V unconfirmed report that police have turned on basij. Treat with caution, but something like this had been expected. #iranelection
Sources: The fire at Mirdamad was at the metro. Some report shop windows smashed - by basij - #iranelection #gr88
Mousavi expected to appear at Mosque in Tehran this evening - have no other details. #iranelection #gr88
I cannot confirm reports police fire on basij, but coming in from many unlinked sources. Would be incredible. #iranelection #gr88
Report : ppl protesting in front of Chinese embassy in Tehran #iranelection #gr88
ppl asking police to join them as news spreads of unconfirmed reports that police fired on Basij in Tehran today #iranelection #gr88
Basij reported to be in retreat for first time, perhaps not happy being led by Khamenei son?! #iranelection #gr88
Gov jamming communications from provinces more effectively that in tehran. #iranelection #gr88
Iran Tv showing this morning footage to show 'no protests' except small group near Uni. We know better #iranelection #gr88
Mousavi dnt giv up, we dont need another political party. Power is always in the hands of the ppl & they will grasp power. #iranelection
No more political parties, step up and lead the ppl Mousavi or they will take power for themselves. This country is on brink #iranelection
Cars everywhere r honking their horns in support of the protesters #iranelection
"Most people in Washington really don't understand life on the border," El Paso Mayor John Cook told the Post. "They don't understand our philosophy here that the border joins us together, it doesn't separate us."
Noam Chomsky, the MIT professor, author and dissident intellectual, just turned eighty years old this past December. He has written over 100 books, but despite being called “the most important intellectual alive” by the New York Times, he is rarely heard in the corporate media. We spend the hour with Noam Chomsky. He spoke recently here in New York at an event sponsored by the Brecht Forum. More than 2,000 people packed into Riverside Church in Harlem to hear his address, titled “Crisis and Hope: Theirs and Ours.” In his talk, Chomsky discussed the global economic crisis, the environment, wars in Iraq, Afghanistan and Pakistan, resistance to American empire and much more.
Haiti’s first free election in 1990 threatened these economically rational programs. The poor majority made the mistake of entering the political arena and electing their own candidate, Jean-Bertrand Aristide, a populist priest. And Washington instantly adopted standard operating procedures: the moving at once to undermine the regime. A couple of months later came the military coup, instituting a horrible reign of terror, which was backed by Bush, Bush I, and even more so by Clinton. By 1994, Clinton decided that the population was sufficiently intimidated, and he sent US forces to restore the elected president—that’s now called a humanitarian intervention—but on very strict conditions, namely that the president had to accept a very harsh neoliberal regime, in particular, no protection for the economy.
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One such inefficiency, now recognized to be one of the roots of the financial crisis, is the under-pricing of systemic risk, a risk that affects the whole system. So, for example—and that’s general, like if you and I make a transaction, say, you sell me a car, we may make a good deal for ourselves, but we don’t price into that transaction the cost to others. And there’s a cost: pollution, congestion, raising the price of gas, all sorts of other things, killing people in Nigeria because we’re getting the gas from them. That doesn’t count when we—we don’t count that in. That’s an inherent market inefficiency, one of the reasons why markets can’t work.
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Well, while Obama’s signaling very clearly his intention to establish a firm and large-scale presence in the region, he’s also, as you know, sharply escalating the AfPak war, following Petraeus’s strategy to drive the Taliban into Pakistan, with potentially awful results for this extremely dangerous and unstable state, which is facing insurrections throughout its territory. These are the most extreme in the tribal areas, which cross the AfPak border. It’s an artificial line imposed by the British called the Durand Line, and the same people live on both sides of it—Pashtun tribes—and they’ve never accepted it. And, in fact, the Afghanistan government never accepted it either, as long as it was independent. Well, that’s where most of the fighting is going on. One of the leading specialists on the region, Selig Harrison, he recently wrote that the outcome of Washington’s current policies, Obama’s policies, might well be, what he calls them, “Islamic Pashtunistan,” Pashtun-based separate kind of quasi-state. The Pakistani ambassador warned that if the Taliban and Pashtun nationalism merge, we’ve had it. And we’re on the verge of that.
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By World War II, there was a significant change. Business leaders and elite intellectuals recognized that the public had won enough rights so that they can’t be controlled by force, so it would be necessary to do something else, namely to turn to control of attitudes and opinions. These were the days when the huge public relations industry emerged in the freest countries in the world, Britain and the United States, where the problem was most severe. The public relations industry was devoted to what Walter Lippmann approvingly called a “new art” in the practice of democracy, the “manufacture of consent.” It’s called the “engineering of consent” in the phrase of his contemporary Edward Bernays, one of the founders of the PR industry.
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And they are the architects of policy. Obama made sure to staff his economic advisers from that sector, which has been pointed out, too. The former chief economist of the IMF, Simon Johnson, pointed out that the Obama administration is just in the pocket of Wall Street. As he put it, “Throughout the crisis, the government has taken extreme care not to upset the interests of the financial institutions or to question the basic outlines of the system that got us here.” And the “elite business interests” who “played a central role in creating the crisis…with the implicit backing of the government,” they’re still there, and they’re “now using their influence to prevent precisely” the set of “reforms that are needed, and fast, to pull the economy out of its nosedive.” He says, the economy—“The government seems helpless, or unwilling, to act against them,” which is no surprise, considering who constitutes and who backs the government.
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The state-corporate program began with a conspiracy by General Motors, Firestone Rubber, Standard Oil of California to buy up and destroy efficient electric transportation systems in Los Angeles and dozens of other cities. They were actually convicted of criminal conspiracy and given a tap on the wrist, I think a $5,000 fine. The federal government then took over. It relocated infrastructure and capital stock to suburban areas and also created a huge interstate highway system under the usual pretext of defense. Railroads were displaced by government-financed motor and air transport.
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So think what’s happening. Spain and other European countries are hoping to get US taxpayer funding for high-speed rail and related infrastructure. And at the very same time, Washington is busy dismantling leading sectors of US industry, ruining the lives of workers and communities who could easily do it themselves. It’s pretty hard to conjure up a more damning indictment of the economic system that’s been constructed by state-corporate managers. Surely, the auto industry could be reconstructed to produce what the country needs using its highly skilled workforce. But that’s not even on the agenda. It’s not even being discussed. Rather, we’ll go to Spain, and we’ll give them taxpayer money for them to do it, while we destroy the capacity to do it here.
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It’s also important to remind ourselves that the notion of workers’ control is as American as apple pie. It’s kind of been suppressed, but it’s there. In the early days of the Industrial Revolution in New England, working people just took it for granted that those who work in the mills should own them. And they also regarded wage labor as different from slavery, only in that it was temporary. Also Abraham Lincoln’s view. There have been immense efforts to drive these thoughts out of people’s heads, to win what the business world calls “the everlasting battle for the minds of men.” On the surface, they may appear to have succeeded, but I don’t think you have to dig too deeply to find out that they’re latent and they can be revived.
This is going to be the biggest rally of NorCal Iranians on Ahmadinejad's inauguration day, please invite all your Iranian and non Iranian friends to this event.
There will be live performances by local and out of state artists in support of Iranian's struggle for democracy.
As before we ask you not to bring flags or signs, plain Iran flags with no sign in the middle please.
Let's get United 4 Iran.
Monday is the start of an unusual three-day Islamic holiday called Itikaf. Sometimes translated as “seclusion” or “retreat,” Itikaf is a time when particularly pious Muslims cloister themselves inside homes or mosques for a period of intense prayer and deep spiritual reflection. It is a practice that the Iranian regime has long encouraged the country’s citizens, particularly the youth, to take part in, usually without much success.
But this year, supporters of Mir Hossein Mousavi, the reformist challenger to President Mahmoud Ahmadinejad, are planning to take up the government’s appeal for religious observance. Mousavi’s Web site has called on Iranians to use the state-sanctioned holiday to launch a three-day, nationwide strike and boycott of businesses and banks in hopes of re-sparking the popular demonstrations that brought the country to a halt two weeks ago.
The pro-reform clerics group said in a statement that the top legislative body, the Guardian Council, no longer had the right "to judge in this case."
In a statement to the press, the Assembly of Qom Seminary Scholars and Researchers said some members of the Guardian Council had "lost their impartial image in the eyes of the public."
“It feels like the concept of a town hall, I think, is to have an open public forum. And this sounds like a very tightly controlled audience and list of questions. Why do it that way?” asked Reid.
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“We have never had that in the White House,” Thomas said, referring to the degree that press events are pre-scripted in the Obama administration. “I’m amazed, I’m amazed at you people who called for openness and transparency…”
WITH REPRESSION silencing most street protests for the moment as hardliners tighten their grip, is a democratic transformation--or revolutionary change--possible in Iran?
[In the post-revolutionary era] divisions broke out roughly into three camps: an Islamist left, which maintained some of the social rhetoric of the revolution; an Islamist right, based around the most conservative clergy; and a pragmatic right dominated by clerics who were close to, or had become part of, big business interests. Over the next two decades, these factions would clash over how Iran should engage with the world, economically, politically and culturally.
$42 Million: Health Care, Health Insurance, & Pharma
$31 Million: Oil
$20 Million: War
$17 Million: Telecoms
$15 Million: Financial
$10 Million: Automotive
$7 Million: Life Insurance
$6 Million: Biotech
1. Chamber of Commerce of the U.S.A.: $9,996,000
2. Exxon Mobil: $9,320,000
3. Pharmaceutical Research and Manufacturers of America: $6,910,000
4. Chevron U.S.A. Inc: $6,800,000
5. Lockheed Martin Corporation: $6,380,000
6. Pfizer, Inc: $6,140,000
7. Conoco Phillips: $5,980,935
8. National Association of Realtors: $5,727,000
9. U.S. Chamber Institute for Legal Reform: $5,480,000
10. AT&T Services, Inc: $5,134,873
[T]his reminds me very much of what happened years ago in Haiti, where you had basically a military coup against a legally elected president, Aristide, and where the—a Democratic administration, President Clinton, condemned the coup leaders, as has President Obama, at least in this in the early days here, but where the US military was playing a different role—in essence, had its own ties with the established coup leaders.