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Screw the Bandaids. Pull the Goddamn Knife Out

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Congress is playing the snuff videographer role-- in the most horrific reality show imaginable.

There was a local network video cameraman, a number of years ago. My memory is a bit fuzzy, but it goes something like this: There was a scene where violence was occurring. The cameraman kept the camera rolling as a person was dying, instead of putting down the camera and calling for or offering help. He had to be thinking that this footage would win him an award or promotion. Afterwards, some, not all, questioned his priorities and judgment.

Today, we have a congress-- 540 legislators-- doing something very similar-- doing what they think they need to do to hold onto their jobs, while they watch a victim suffering from horrible injuries and do nothing. Only the victim is America-- the millions hit by the crashing economy, the subprime mortgage crisis, the 47 million without health insurance, the hundreds of thousand of troops coming home with head injuries or PTSD... and the members of congress watch, playing it safe, shamelessly failing to act, to take principled stands, instead, protecting their asses, saving their jobs.


Americans are awakening to the real threats to America and terrorism and the Iraq occupation are not at the top of the list.

The big questions are; What will happen to my retirement IRA or 401K? How will I pay my exploding mortgage payment? Do I have to stockpile food and water. Should I start a vegetable garden so I can survive this?

Jeanne, a local fellow activist friend, forwarded this to me:
Quoted from Atrios today: ROTFL
To paraphrase a commenter over at Firedoglake:


How's that plan for putting social security into the hands of Citibank, Merrill Lynch and the other financial 'wizards' as President Bush had so strongly urged looking now?

The threat America faces is not from Muslim terrorists. That is and has always been a distraction from the real threat-- a predatory, right wing supported administration working to destroy government and the laws and regulations which require that corporations hew to laws and decency, justice and fairness in the treatment of people and society. For seven years, that destruction has been eating away at the protections former administration put in place. The Democratic candidates know they will have a massive job of healing, repair and rebuilding, when they take office next year. But this year, we face a perfect storm of new and worse threats, as the deregulation, the sabotage at the federal agency level bears rotten fruit for the transnational corporations that now hold no loyalty to the USA.

Yesterday, we missed a major economic bullet. Or should I say that Bernanke used an economic weapon of enormous power-- the most powerful rate cut in 24 years-- to reduce the damage. And Bernanke deserves credit. His strategy worked.

The question is, if Bernacke used such a powerful tool/weapon yesterday, what does he have left, because this economic mess is far from over. According to a U.S.News and World Report article, In Private, Bernanke Tells Horror Stories,
"...in private he has expressed growing pessimism about the economy. Whispers has learned that has told people in recent weeks that the economic situation some see falling into recession will be much worse than he has admitted to publicly.

We're told by those who've heard him that he says the first six months of this year will be "bad," an adjective that some interpret this as signaling there is better than a 50-50 chance for a recession. Even worse, the former Princeton prof believes the ensuing recovery will be "weak" because of persistent problems in the housing market that will result in subdued consumer spending."

But today, we must give him credit. Electronic futures trading had foreshadowed a 500 point drop, and when the stock exchange opened, the DOW dropped 400 points. The announcement of the 75 basis point drop in the bank borrowing rate stemmed an ugly tide... effectively, cutting the drop to just a tad over 25% of what had been feared and making the US stock market's reaction to the previous day's international crash much milder.

Unfortunately, the question arises, how many times can massive rate cuts be applied, before there are diminishing returns?

A few days ago, I wrote that all Bernanke has is an up-down switch for moving the prime rate. I was wrong. He had another trick up his sleeve, and it worked.

The Wall Street Journal has reported that the manipulation of the prime rate is becoming less and less effective in influencing the economy, because there are so many additional global factors which also influence the economy. It would be nice if the nation's leadership-- congress or the Whitehouse-- could flip a switch and correct the problems we face. But that doesn't happen in reality USA. Doesn't happen with Petraeus in Iraq, doesn't happen with the housing crisis, the subprime mortgage crisis, the impending credit-tightening crisis, health care and so many more.

Yesterday, Bush and off the table Pelosi and do nothing Reid got together to discuss the size of the bandaids to be used on the massively hemorrhaging economy.

The solution to these kinds of problems is simple-- inspired, visionary, courageous leadership that supports strong government and enforcement of regulations already in place to police abusive corporate behaviors.

Easy to say, not so easy to find. This kind of solution does not fend well with 15 second sound bytes or smarmy, know it all TV political commentators. Serious, earnest, visionary leaders are laughed at and mocked by the mainstream media, maybe because the solutions these leaders offer threaten the uber corporate owners of the corpstream media.

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Rob Kall is editor-in-chief, publisher and site architect of OpEdNews.com, President of Futurehealth, Inc, and an inventor. He hosts the Rob Kall Bottom Up Radio Show, aired in the Metro Philly area on AM 1360, WNJC. Over 200 podcasts are archived for downloading here, or can be accessed from iTunes. Rob is also published regularly on the Huffingtonpost.com

Rob Kall Wikipedia Page

Rob is, with Opednews.com the first media winner of the Pillar Award for supporting Whistleblowers and the first amendment.

See more Rob Kall articles here and, older ones, here. To learn more about Rob and OpEdNews.com, check out A Voice For Truth - ROB KALL | OM Times Magazine and this article. For Rob's work in non-political realms mostly before 2000, see his C.V..  and here's an article on the Storycon Summit Meeting he founded and organized for eight years. Press coverage in the Wall Street Journal: Party's Left Pushes for a Seat at the Table

Here is a one hour radio interview where Rob was a guest- on Envision This, and here is the transcript. 

To watch Rob having a lively conversation with John Conyers, then Chair of the House Judiciary committee, click hereWatch Rob speaking on Bottom up economics at the Occupy G8 Economic Summit, here.

Follow Rob on Twitter & Facebook. His quotes are here

My articles express my personal opinion, not the opinion of this website.


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One pulls a knife out of a stabbing victim advised... by John Sanchez Jr. on Wednesday, Jan 23, 2008 at 11:19:23 AM
Thank you so much for your comments in this articl... by Mike Folkerth on Wednesday, Jan 23, 2008 at 11:52:30 AM
What would you do to save your family and yourself... by Mr M on Wednesday, Jan 23, 2008 at 12:01:10 PM
http://easywatercar.com/2books.htm?hop=alexyelsaTh... by Dom Jermano on Wednesday, Jan 23, 2008 at 8:55:35 PM
Banking regulation just might prevent a few partic... by reasonableperson on Wednesday, Jan 23, 2008 at 9:19:30 PM
I thought the article said "water in the fuel... by reasonableperson on Wednesday, Jan 23, 2008 at 9:29:59 PM
Oh I can see your eyes are opening a little bit! C... by Dom Jermano on Wednesday, Jan 23, 2008 at 9:51:50 PM
I get so tired of the impossible people out there.... by Dom Jermano on Wednesday, Jan 23, 2008 at 10:23:52 PM
The matter has nothing to do whatsoever with proce... by reasonableperson on Thursday, Jan 24, 2008 at 1:26:12 AM
Hey Thanks Paul, the more rain on my parade the be... by Dom Jermano on Thursday, Jan 24, 2008 at 6:49:43 PM
Your car might move a few feet off the hydrogen yo... by John Danforth on Thursday, Jan 24, 2008 at 6:14:18 AM
Tell me how you prove IT slave driver? What?.. pos... by Dom Jermano on Thursday, Jan 24, 2008 at 6:59:24 PM
currently using this device in your car? Can you t... by Mr M on Thursday, Jan 24, 2008 at 10:26:57 AM
I wanted to add this information concerning Hydrog... by Sleeper on Thursday, Jan 24, 2008 at 11:33:34 AM
Please, it takes extreme ignorance of basic econom... by Robert Sargent on Wednesday, Jan 23, 2008 at 11:54:21 PM
Saying we will never run out of oil when it's ... by Mr M on Thursday, Jan 24, 2008 at 11:34:35 AM
so I watch what online sites allow. I click on Mar... by Margaret Bassett on Wednesday, Jan 23, 2008 at 12:33:58 PM
Social security barely pays the rent and utilities... by memary on Wednesday, Jan 23, 2008 at 8:58:57 PM
Well done. The truth stings huh? I'm doing the thi... by Mike Folkerth on Wednesday, Jan 23, 2008 at 1:03:36 PM
More than anything else I wish to be proven wrong.... by Mr M on Wednesday, Jan 23, 2008 at 1:35:05 PM
Let me help you calm down... the world is not endi... by Patrick Henry on Wednesday, Jan 23, 2008 at 7:44:58 PM
Such words.....Rob!Hotdamn. Did you see my comment... by Tony Forest on Wednesday, Jan 23, 2008 at 1:12:15 PM
Thanks for the link.  Just joined the group.&... by reasonableperson on Wednesday, Jan 23, 2008 at 5:06:09 PM
Near the top of the article page, above the title,... by Rob Kall on Wednesday, Jan 23, 2008 at 5:50:34 PM
Instead of the immediate pain of a stock market me... by Mac McKinney on Wednesday, Jan 23, 2008 at 1:23:27 PM
  Very nice. The problem we have with the MSM... by Rick Mason on Wednesday, Jan 23, 2008 at 2:46:16 PM
forensic economistsfreak out ! Will check. tankz... by Tony Forest on Wednesday, Jan 23, 2008 at 3:01:12 PM
David Hawkins is something else. I like the fact t... by Mr M on Thursday, Jan 24, 2008 at 11:46:24 AM
Robert Scheer wrote a great column about Kucinich ... by Laudyms on Wednesday, Jan 23, 2008 at 3:48:15 PM
We all need to take on the Banks. They don't k... by Dom Jermano on Wednesday, Jan 23, 2008 at 9:02:55 PM
...ladies and germs... is Neofeudalism... no more/... by waldopaper on Wednesday, Jan 23, 2008 at 10:27:52 PM
The talking heads tell most people a filtered dow... by Lance L. Landon on Wednesday, Jan 23, 2008 at 11:57:54 PM