Here’s the video to go with gummitch’s open thread..
An angry Senator Claire McCaskill, D-Missouri, introduced legislation on Friday that would cap compensation for employees of any company that receives federal bailout funds.The bill introduced by McCaskill — the Cap Executive Officer Pay Act of 2009 — would limit employees to no more than the president of the United States earns annually, which is $400,000.
“We have a bunch of idiots on Wall Street that are kicking sand in the face of the American taxpayer,” an enraged McCaskill said on the floor of the Senate. “They don’t get it. These people are idiots. You can’t use taxpayer money to pay out $18 billion in bonuses.”
We’re seeing some long overdue justice for one of the Iraq war’s biggest profiteers. Today, the AP reports that the Iraqi government is barring Blackwater from providing security for US diplomats because the mercenary firm used “excessive force” in the 2007 Nisoor Square shooting that killed 17 Iraqi civilians. While neither the Iraqi government nor the US Embassy has given a date for Blackwater personnel to leave Iraq yet, what is of particular note here is that the Iraqi government now views these guards for what they really are: criminals. Five of the Blackwater guards involved in the Nisoor Square shooting face manslaughter charges in our own country right now, while a sixth has already pleaded guilty.
There are plenty more private ‘security’ companies/corporations who have popped up since Blackwater hit the radar in Iraq… Very sophisticated and better equipped than our own military… I am sure these guys from Blackwater will just hop on board with some other ‘private army’ corporation over there now that Blackwater is being kicked out. Same problems, different names..
I have read numerous places (as well as in Naomi Klein’s fantastic book “Shock Doctrine”) that this private military stuff is the newest, hottest, fastest growing business on the planet. It is where the money is. That is one of the reasons this “war on terror” NEEDS to ABSOLUTELY MUST continue to be sold to the public. If there were no ‘war on terror’ (war without end), people wouldn’t need to be kept afraid, and the need for private armies would evaporate.
That just wouldn’t do…. Got to keep those profits going.
I have no context for the raccoon, I just liked the photo — he can stand in for the burglars on Wall Street, however. Sen. Claire McCaskill (D-MO) is my new hero. She has called them out as “idiots” for giving themselves $18 Billion (BILLION!) in bonuses from the bailout funds they siphoned off the Bush administration. But this is an open thread. Feel free to bring it.
Not many realize this, but, “American Pie” was and is a tribute to three pop musicians.
It’s been 50 years, come Monday, since a single-engine plane crashed into a snow-covered Iowa field, instantly killing three men whose names would become enshrined in the history of rock ‘n’ roll.
The passing decades haven’t diminished fascination with that night on Feb. 2, 1959, when 22-year-old Buddy Holly, 28-year-old J.P. “The Big Bopper” Richardson and 17-year-old Ritchie Valens performed in Clear Lake and then boarded the plane for a planned 300-mile flight that lasted only minutes.