Thursday, August 25, 2011
Amnesty for the Indefensible
Posted on Aug 23, 2011
By Robert ScheerThey will get away with it, at least in this life. “They” are the Wall Street usurers, people of a sort condemned in Scripture, who have brought more misery to this nation than we have known since the Great Depression. “They” will not suffer for their crimes because they have a majority ownership position in our political system. That is the meaning of the banking plea bargain that the Obama administration is pressuring state attorneys general to negotiate with the titans of the financial world.
It is a sellout deal that, in return for a pittance of compensation by banks to ripped-off mortgage holders, would grant the banks blanket immunity from any prosecution. That is intended to short-circuit investigations by a
The Biggest Little Hypocrite in Texas
Posted on Aug 16, 2011
By Robert ScheerIt is unfathomable that yet another Texas blowhard governor has emerged as a front-runner for the GOP presidential nomination. The persistent appeal of the mythology of Texas as a model for the nation defies the lessons of logic and experience, and yet here we are with Rick Perry, a George W. Bush look-alike, as a prime contender to once again run our nation into the ground.
To begin with, Texas is not and never will be a model for the nation unless the other states discover similarly rich deposits of oil and natural gas that account for one-third of jobs and supply 40 percent of tax revenues within those states. If Texas energy receipts and jobs helped float Gov. Bush’s reputation, they have been nothing short of miraculous for Perry’s tenure. The price of oil rose from $25 a barrel when Lt. Gov. Perry replaced the newly elected President Bush to $147 in 2008 and has stayed at more than $80 a barrel since, to the dismay of anyone who has to buy gasoline.
In addition, thanks to breakthroughs in oil field technology that Perry had nothing to do with, there have been controversial new
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