Threat Warning

A McCain Lover Speaks Out

Art (And Tribute!) Du Jour

Find the book somewhere here.

The Latest Edition Of "The Crap Rightist Wingnuts Pull In Destroying Our Rights"

Eight years later: What a surprise; The Florida GOP still can't get the restoration of felon voting rights straightened out. (Yeah, yeah; I know it's ex-felons but mainstreaming them back into society as quickly and fully as possible happens to be an anti-crime measure; it's for our good.)

Fox Bidness Journal:

Republican Gov. Charlie Crist went against his party a year ago and made it easier for felons to regain their voting rights. The process has been slow, however -- stirring controversy in a state expected to be closely fought in this fall's elections.

Florida's clemency board has restored voting rights to nearly 75,000 residents. But nearly 96,000 requests are pending, according to information through March 20. Activists say there might be an additional 400,000 people who have been rejected without explanation, making it impossible for them to be reinstated.

Hey, Johnny Mac; Have any straight talk about this?? Where's the leadership??

It's Orwell's 1983 In London

It's freaking crazy, the people in charge are nuts... bonkers....

[Re: photo t]aken at Spitalfields Market, 9:20 AM, Sunday, March 30, 2008. I liked the cartoony cloud-trail decorations seemingly supporting the left side of the ceiling, and the fact that the spire of Nicholas Hawksmoor’s Christ Church Spitalfields was so dramatically framed in the transparent roof.

Right after I took the shot, though, a large security guard walked directly up to me. “We don’t take pictures in here.” “Oh?” I said. “Yes,” he replied, reaching for my camera. “We’ll have to delete that.”

“No you don’t, and I’m leaving the market right now,” I said, walking away briskly. And as I did so, I swear to God, I heard him get out his walkie-talkie and radio for backup. You can’t be too careful with these terrorist photographers.

Out on Brushfield Street, wondering if I was about to be wrestled to the ground by Spitalfield commandos, I phoned the people I’d come to the market to meet for breakfast in the first place. “Hey, Cory,” I said. “You’re not going to believe this, but…”

We tried, we really did. We walked back into the market brandishing the camera high, Cory Doctorow, Alice Taylor, and their celebrated offspring, four humanoids’ worth of concentrated well-informed civil liberties savvy, inviting, nay daring, my security-guard friend to come back and try to arrest my photograph. “It’s total nonsense,” Cory said. “Even assuming they have a posted policy, which they have to do—and they don’t—they certainly aren’t entitled to demand to delete your property.” (And indeed, some individual market stalls have “no photographs” placards on display, which does tend to suggest that this is hardly the default for the entire market.) To no avail. My uniformed security guard had evidently found even more pressing issues to deal with, possibly terroristic squirrels, or people removing mattress tags.

The whole War On Photography is of course puzzling. Leaving aside the obvious hypocrisy of putting a “No Photography” sign on your stall which happens to be devoted to selling framed photographs of Banksy graffiti (yes), it’s simply hard to imagine the thought processes that go into such a decision. Let’s see, we have a stall in a famous London market, selling vintage clothes or organic cookies or African wind instruments. And people want to take snapshots of our stall and put them on their Flickr page or share them with their friends and relatives back in Stevenage or St. Louis or Kyrgyzstan, because they had a good time visiting Spitalfields market and they think your stuff is neat. Logically, the correct thing for us to do is prohibit them from doing so, since we wouldn’t want to actually have any customers or anything.

What is wrong with these people’s brains? Show your work.

Link.

Oh My God! Maybe These Are The Viddies Of The Day!?

I've Been Seconded!

Tom Tomorrow -- for whom I have way more respect than about other pundit around -- agrees with me: It's Johnny Mac in 08. Sorry, guys!

No, Wait, This Is The Viddie Of The Day

Viddie Of The Day

Admit it; if you know of Stonehenge, you're fascinated by it and it's mysteries. Here's a small insight, sort of....

10 Stupid Things The Saint's Said That You May Have Missed

The genius that is the next President of the United States of America:

10. Responding to a student who criticized his remark about our staying in Iraq for 100 years, McCain quipped, "No American argues against our military presence in Korea or Japan or Germany or Kuwait or other places, or Turkey, because America is not receiving casualties."

I guess Ron Paul isn't American. Or Dennis Kucinich. Or many others who have questioned the mindset behind keeping our troops abroad forever, which is what an empire does, not a republic. Although, perhaps more people don't argue "against our military presence" in the other spots he named, because, you know, those wars weren't based on 100 percent fabricated evidence and didn't make us less safe after they were done. Just a thought.

9. John McCain is "very proud to have Pastor John Hagee's support."

Just FYI, John Hagee makes Jeremiah Wright seem like Richard Simmons. Hagee has called the Catholic Church the "Great Whore," an "apostate church," the "Antichrist," and a "false cult system." And let's not even get into what he has said about Jews.

8. "In the shorter term," said McCain, "if you somehow told American businesses and families, 'Look, you're not going to experience a tax increase in 2010,' I think that's a pretty good short-term measure."

This is McCain's statement in suport of making permanent the tax cuts he voted and railed against in 2001 and 2003. Back then they were only a giveaway to the rich and "budget-busters." Now that we are much further along in borrowing our economy from the Chinese, and the rich have become even richer, they are a way to stimulate the economy by putting money in the hands of working Americans.

7. "This is a Catholic Voter Alert. Governor George Bush has campaigned against Senator John McCain by seeking the support of Southern fundamentalists who have expressed anti-Catholic views. Several weeks ago, Governor Bush spoke at Bob Jones University in South Carolina. Bob Jones has made strong anti-Catholic statements, including calling the Pope the anti-Christ, the Catholic Church a satanic cult! John McCain, a pro-life senator, has strongly criticized this anti-Catholic bigotry, while Governor Bush has stayed silent while seeking the support of Bob Jones University. Because of this, one Catholic pro-life congressman has switched his support from Bush to McCain, and many Michigan Catholics support John McCain for president."

This was a John McCain for president campaign robo-call in 2000. Today, as we pointed out, he hangs with the Rev. Hagee who thinks Catholicism is a "cult" and the "Antichrist." How romantic.

6. "Everybody says that they're against the special interests. I'm the only one the special interests don't give any money to."

Here are some examples of Sen. McCain's epic battle with special-interest money: According to the Center for Responsive Politics, McCain has taken nearly $1.2 million in campaign contributions from the telephone utility and telecom service industries, more than any other senator. McCain sides with the telecom companies on retroactive immunity.

McCain is also the single largest recipient of campaign contributions from Ion Media Networks -- formerly Paxson Communication -- receiving $36,000 from the company and employees from 1997 to mid-year 2006.

5. McCain listened intently, pausing a second before delivering what could be a defining answer. "The other one will do just fine."

For what important reason was Sen. McCain interrupting an explanation to the press of his positions on Iraq and national security to take a cell phone from an aide? Why his wife needed to buy them a new barbecue grill.

4. During a Nov. 28, 2007, Republican debate Sen. McCain angrily denounced torture and offered unmitigated support of the Army field manual's restrictions, saying they "are working, and working effectively."

So naturally and quite logically, he voted against applying these same standards to the CIA. Apparently these rules won't work effectively for spooks, just the men and women on the front lines.

3. McCain, while speaking at a town hall meeting in a suburb of Philadelphia, was asked if he had concerns that anti-American insurgents in Iraq might commit increased acts of violence in September or October with a plan in mind to tip the November election to the Democrats. "Yes, I worry about it," McCain said.

How did he figure out what the insurgents -- which his policies in Iraq have helped create -- are up to? When they attacked us on 9/11, and the warning signs were all ignored by President Bush and his then National Security Advisor Condoleezza Rice, he was punished with winning a second term. So, of course, militants, who follow john McCain's campaign like Republicans do the signs of the Rapture, are closely planning their events because they know the exact opposite will be the result this time.

2. Let's go back to the videotape: "I'm the only one the special interests don't give any money to."

Not only have we proven this false, but perhaps many can't give money because they all work on his campaign. His campaign manager, Rick Davis, lobbyist. Top advisor, Charlie Black, lobbyist. The operative currently running his Senate office, Mark Buse, former lobbyist. And so it goes. Here is what one observer had to say. "It's an interesting dichotomy. On the one hand, he's presenting himself as the crusader against special interests and yet, on the other hand, he's surrounded himself with senior advisers that are lobbyists," said Sheila Krumholz of the Center for Responsive Politics, a nonpartisan, non-profit research group focused on money in politics.

1. And finally, McCain's craziest, coolest, most unstoppable McCain Moment: The senator said, while in Jordan, that it was "common knowledge and has been reported in the media that al-Qaeda is going back into Iran and receiving training and are coming back into Iraq from Iran, that's well known. And it's unfortunate." A few moments later, Sen. Joseph Lieberman, admiringly gazing at McCain until that moment, stepped up and whispered something in the presidential candidate's ear. McCain then blurted out: "I'm sorry, the Iranians are training extremists, not al-Qaeda."

Phew. Glad trusty Joe Lieberman was there to explain to the man of "experience," a man who wants to lead the free world, that Sunnis (Al Qaeda) and Shia (Iran) not only don't work together but are in direct conflict. We have only been at war there for five years, so I wouldn't expect Sen. McCain to concern himself with such trivial matters.

Link.

Bush And Dick; A Portrait In Dead Servicepersons

Link.

Is The Dollar Undervalued?

Even if the currency is debased and devalued, the currency itself should have value -- at least to coke addicts.

Project For The Day

Sign this! Now!

Today's McCa0n-Bashing Viddie

And here's more if you want it....

And In Case You Doubt How Stupid-Crazy Wingnuts Are....

A good Christian reminds us....

This asshole is pissed off that people may actually have an issue with crap like this. This good Christian instead supports stuff like this.

Great Moments In Beloved Leader's Total War Against Terror

9/11 -- well we should all be able to remember what happened 9/11.

9/12: The Secret Service was helping one of the First Twins get into Mexico for some underage drinking.

The Bushes are exemplars of the idea that great wealth doesn't actually improve people; just makes them rich. (Op cit the classic Fitzgerald/Hemingway routine here.)

How The Saint Loves The Troops

Nam was Nam but this is now: a disgusting, stupid, lying panderer. He, things change....

Proposal For A Memorial Of The Iraq Fandango

This got me started thinking about one... and in about two seconds, this came to mind: something along these lines....

For Those Such As Our Leaders Or The Next Beloved Leader Who Might Actually Believe That The Lenders Did Not Pull Crap To Sucker Borrowers

Note this is Chase. One must presume that bottom-feeders were far worse. But Hey, GOP, keep showing your love and blaming the victim! You're just a bunch of whores who have to put out for the Big Money Johns!

A newly surfaced memo from banking giant JPMorgan Chase provides a rare glimpse into the mentality that fueled the mortgage crisis.

The memo's title says it all: "Zippy Cheats & Tricks."

It is a primer on how to get risky mortgage loans approved by Zippy, Chase's in-house automated loan underwriting system. The secret to approval? Inflate the borrowers' income or otherwise falsify their loan application.

The document, a copy of which was obtained by The Oregonian, bears a Chase corporate logo. But it's unclear how widely it was circulated or used within Chase.

Bank spokesman Tom Kelly confirmed that the "Cheats & Tricks" memo was e-mailed from Chase but added that it does not reflect Chase corporate policy.

"This is not how we do things," he said. "We continue to investigate" the memo, Kelly said. "That kind of document would neither be condoned or tolerated."

The March e-mail was sent by Tammy Lish, a former Chase account representative in Portland. Chase fired her days after discovering she had sent it.

"I did not write it," Lish said. "It was sent to me by another (Chase) rep in another office along with some other documents that were more step-by-step customer training documents."

Even if the memo was penned by a single employee, it illustrates an attitude prevalent in certain corners of the mortgage industry during the boom years. In the face of sustained and significant home price increases, much of the industry veered away from traditional notions of safe and sound lending. Loan volume became as important as loan quality, particularly for the rank and file typically paid on commission.

During the boom, it was common for lenders and brokers to get paid more for risky subprime loans than for 30-year fixed-rate loans because the higher-interest loans fetched a higher price on Wall Street.

Chase, the nation's second-largest bank, originates mortgage loans itself but also operates a wholesale arm that underwrites and funds loans brought to them by a network of mortgage brokers. The "Cheats & Tricks" memo was instructing those brokers how to get difficult loans approved by Zippy.

"Never fear," the memo states. "Zippy can be adjusted (just ever so slightly.)"

The Chase memo deals specifically with so-called stated-income asset loans, one of the most dangerous of the mortgage industry's innovations of recent years. Known as "liar loans" in some circles because lenders made little effort to verify information in the borrowers' loan application, they have defaulted in large number since the housing bust began in 2007.

Chase no longer makes any stated-income loans, part of the bank's efforts to tighten its loan underwriting, Kelly said. It wrote down $1.3 billion in nonperforming mortgages at the end of 2007.

Lish said she sent out the document inadvertently. "The document was irrelevant by the time I sent it out because the company had ceased offering stated-income loans."

The document recommends three "handy steps" to loan approval:

Do not break out a borrower's compensation by income, commissions, bonus and tips, as is typically done in a loan application. Instead, lump all compensation as the applicant's base income.

If your borrower is getting some or all of a down payment from someone else, don't disclose anything about it. "Remove any mention of gift funds," the document states, even though most mortgage applications specifically require borrowers to disclose such gifts.

If all else fails, the document states, simply inflate the applicant's income. "Inch it up $500 to see if you can get the findings you want," the document says. "Do the same for assets."

Chase's Kelly said the bank has never encouraged any of the suggestions in the memo.

"If somebody is putting inaccurate information in their loan application, they're lying and committing fraud," he said.

Still, some local mortgage brokers view the memo as vindication. Brokers have argued they've been unfairly blamed for the lax lending standards that led to a wave of defaults. The large national lenders drove the weakening standards, they argue.

The Chase memo is "a perfect example of one of the big five banks out and out telling mortgage brokers to commit fraud," said Todd Williams, a broker with Evergreen Ohana Group in Portland. "And this has been going on for years."

Williams and other mortgage brokers gave a copy of the memo to Oregon financial regulators.

"It boggles my mind that any federally chartered organization would invite this kind of activity in such a flagrant way," said David Tatman, head of Oregon's Division of Finance and Corporate Securities.

But Tatman confirmed that as a state regulator, he doesn't have jurisdiction over the federally chartered Chase.

The U.S. Office of the Comptroller of the Currency has authority over Chase. OCC spokesman Dean DeBuck declined to comment on the document.

Link.

And a link to the memo is here.

Video Of The Day: Leonardo Reborn!