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Bank of America Plans to End Overdraft Fees on Debit Card Purchases

As of July 1, the Federal Reserve will require that banks obtain a customer’s consent before they can charge them overdraft fees for A.T.M. transactions and debit purchases; many banks now automatically enroll customers.

In anticipation of the new Fed rule, some banks have begun marketing campaigns to encourage their customers to opt in to overdraft protection to keep the dollars flowing.

Several bills have been introduced in Congress that would go beyond the Fed’s rules on overdraft fees.

Bank of America, by deciding to scrap overdraft charges on debit card purchases instead, is hoping to bolster its reputation with consumers at a time when anger at banks for their role in the financial crisis remains high.

via Bank of America Plans to End Overdraft Fees on Debit Card Purchases – NYTimes.com.

Good! And I hope the rest of the banks follow suit.

War Is A Racket

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War Is a Racket is the title of two works, a speech and a booklet, by retired U.S. Marine Major General Smedley Darlington Butler, one of only 19 people to be twice awarded the Congressional Medal of Honor, in which Butler frankly discusses from his experience as a career military officer how business interests have commercially benefited from warfare.

After he retired from the Marine Corps, Gen. Butler made a nationwide tour in the early 1930s giving his speech “War is a Racket”. The speech was so well received that he wrote a longer version as a small book with the same title that was published in 1935 by Round Table Press, Inc., New York. The booklet was also condensed in Reader’s Digest as a book supplement which helped popularize his message. In an introduction to the Reader’s Digest version, Lowell Thomas, the “as told to” author of Butler’s oral autobiographical adventures, praised Butler’s “moral as well as physical courage”.

Smedley Darlington Butler

  • Born: West Chester, Pa., July 30, 1881
  • Educated: Haverford School
  • Married: Ethel C. Peters, of Philadelphia, June 30, 1905
  • Awarded two Congressional Medals of Honor:
    1. Capture of Vera Cruz, Mexico, 1914
    2. Capture of Ft. Riviere, Haiti, 1917
  • Distinguished Service Medal, 1919
  • Major General – United States Marine Corps
  • Retired Oct. 1, 1931
  • On leave of absence to act as director of Dept. of Safety, Philadelphia, 1932
  • Lecturer — 1930’s
  • Republican Candidate for Senate, 1932
  • Died at Naval Hospital, Philadelphia, June 21, 1940
  • For more information about Major General Butler, contact the United States Marine Corps.

War Is A Racket

by Major General Smedley Darlington Butler, USMC, 1933-35

CHAPTER ONE

WAR is a racket. It always has been.

It is possibly the oldest, easily the most profitable, surely the most vicious. It is the only one international in scope. It is the only one in which the profits are reckoned in dollars and the losses in lives.

A racket is best described, I believe, as something that is not what it seems to the majority of the people. Only a small “inside” group knows what it is about. It is conducted for the benefit of the very few, at the expense of the very many. Out of war a few people make huge fortunes.

In the World War [I] a mere handful garnered the profits of the conflict. At least 21,000 new millionaires and billionaires were made in the United States during the World War. That many admitted their huge blood gains in their income tax returns. How many other war millionaires falsified their tax returns no one knows.

How many of these war millionaires shouldered a rifle? How many of them dug a trench? How many of them knew what it meant to go hungry in a rat-infested dug-out? How many of them spent sleepless, frightened nights, ducking shells and shrapnel and machine gun bullets? How many of them parried a bayonet thrust of an enemy? How many of them were wounded or killed in battle?

Out of war nations acquire additional territory, if they are victorious. They just take it. This newly acquired territory promptly is exploited by the few — the selfsame few who wrung dollars out of blood in the war. The general public shoulders the bill.

And what is this bill?

This bill renders a horrible accounting. Newly placed gravestones. Mangled bodies. Shattered minds. Broken hearts and homes. Economic instability. Depression and all its attendant miseries. Back-breaking taxation for generations and generations.

For a great many years, as a soldier, I had a suspicion that war was a racket; not until I retired to civil life did I fully realize it. Now that I see the international war clouds gathering, as they are today, I must face it and speak out.

Again they are choosing sides. France and Russia met and agreed to stand side by side. Italy and Austria hurried to make a similar agreement. Poland and Germany cast sheep’s eyes at each other, forgetting for the nonce [one unique occasion], their dispute over the Polish Corridor.

The assassination of King Alexander of Jugoslavia [Yugoslavia] complicated matters. Jugoslavia and Hungary, long bitter enemies, were almost at each other’s throats. Italy was ready to jump in. But France was waiting. So was Czechoslovakia. All of them are looking ahead to war. Not the people — not those who fight and pay and die — only those who foment wars and remain safely at home to profit.

There are 40,000,000 men under arms in the world today, and our statesmen and diplomats have the temerity to say that war is not in the making.

Hell’s bells! Are these 40,000,000 men being trained to be dancers?

Not in Italy, to be sure. Premier Mussolini knows what they are being trained for. He, at least, is frank enough to speak out. Only the other day, Il Duce in “International Conciliation,” the publication of the Carnegie Endowment for International Peace, said:

“And above all, Fascism, the more it considers and observes the future and the development of humanity quite apart from political considerations of the moment, believes neither in the possibility nor the utility of perpetual peace. . . . War alone brings up to its highest tension all human energy and puts the stamp of nobility upon the people who have the courage to meet it.”

Undoubtedly Mussolini means exactly what he says. His well-trained army, his great fleet of planes, and even his navy are ready for war — anxious for it, apparently. His recent stand at the side of Hungary in the latter’s dispute with Jugoslavia showed that. And the hurried mobilization of his troops on the Austrian border after the assassination of Dollfuss showed it too. There are others in Europe too whose sabre rattling presages war, sooner or later.

Herr Hitler, with his rearming Germany and his constant demands for more and more arms, is an equal if not greater menace to peace. France only recently increased the term of military service for its youth from a year to eighteen months.

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Yes, all over, nations are camping in their arms. The mad dogs of Europe are on the loose. In the Orient the maneuvering is more adroit. Back in 1904, when Russia and Japan fought, we kicked out our old friends the Russians and backed Japan. Then our very generous international bankers were financing Japan. Now the trend is to poison us against the Japanese. What does the “open door” policy to China mean to us? Our trade with China is about $90,000,000 a year. Or the Philippine Islands? We have spent about $600,000,000 in the Philippines in thirty-five years and we (our bankers and industrialists and speculators) have private investments there of less than $200,000,000.

Then, to save that China trade of about $90,000,000, or to protect these private investments of less than $200,000,000 in the Philippines, we would be all stirred up to hate Japan and go to war — a war that might well cost us tens of billions of dollars, hundreds of thousands of lives of Americans, and many more hundreds of thousands of physically maimed and mentally unbalanced men.

Of course, for this loss, there would be a compensating profit — fortunes would be made. Millions and billions of dollars would be piled up. By a few. Munitions makers. Bankers. Ship builders. Manufacturers. Meat packers. Speculators. They would fare well.

Yes, they are getting ready for another war. Why shouldn’t they? It pays high dividends.

But what does it profit the men who are killed? What does it profit their mothers and sisters, their wives and their sweethearts? What does it profit their children?

What does it profit anyone except the very few to whom war means huge profits?

Yes, and what does it profit the nation?

Take our own case. Until 1898 we didn’t own a bit of territory outside the mainland of North America. At that time our national debt was a little more than $1,000,000,000. Then we became “internationally minded.” We forgot, or shunted aside, the advice of the Father of our country. We forgot George Washington’s warning about “entangling alliances.” We went to war. We acquired outside territory. At the end of the World War period, as a direct result of our fiddling in international affairs, our national debt had jumped to over $25,000,000,000. Our total favorable trade balance during the twenty-five-year period was about $24,000,000,000. Therefore, on a purely bookkeeping basis, we ran a little behind year for year, and that foreign trade might well have been ours without the wars.

It would have been far cheaper (not to say safer) for the average American who pays the bills to stay out of foreign entanglements. For a very few this racket, like bootlegging and other underworld rackets, brings fancy profits, but the cost of operations is always transferred to the people — who do not profit.

[Continued...]

Calling All Rebels

There are no constraints left to halt America’s slide into a totalitarian capitalism. Electoral politics are a sham. The media have been debased and defanged by corporate owners. The working class has been impoverished and is now being plunged into profound despair. The legal system has been corrupted to serve corporate interests. Popular institutions, from labor unions to political parties, have been destroyed or emasculated by corporate power. And any form of protest, no matter how tepid, is blocked by an internal security apparatus that is starting to rival that of the East German secret police. The mounting anger and hatred, coursing through the bloodstream of the body politic, make violence and counter-violence inevitable. Brace yourself. The American empire is over. And the descent is going to be horrifying.

Those singled out as internal enemies will include people of color, immigrants, gays, intellectuals, feminists, Jews, Muslims, union leaders and those defined as “liberals.” They will be condemned as anti-American and blamed for our decline. The economic collapse, which remains mysterious and enigmatic to most Americans, will be pinned by demagogues and hatemongers on these hapless scapegoats. And the random acts of violence, which are already leaping up around the fringes of American society, will justify harsh measures of internal control that will snuff out the final vestiges of our democracy. The corporate forces that destroyed the country will use the information systems they control to mask their culpability. The old game of blaming the weak and the marginal, a staple of despotic regimes, will empower the dark undercurrents of sadism and violence within American society and deflect attention from the corporate vampires that have drained the blood of the country.

via Chris Hedges: Calling All Rebels – Chris Hedges’ Columns – Truthdig.

Feds Move to Break Voting-Machine Monopoly

Citing anti-competitive concerns, the Justice Department sued Election Systems & Software in order to force the company to divest itself of the voting machine assets it obtained from Premier Election Solutions [Diebold] last year.

The department’s antitrust division, along with nine state attorneys general, filed the civil antitrust lawsuit (.pdf) in U.S. District Court in Washington, D.C., charging that the acquisition threatened competition. The department proposed a settlement that, if accepted, would dissolve the merger and force ES&S to sell its Premier business to a buyer approved by the Justice Department.

“The proposed settlement (.pdf) will restore competition, provide a greater range of choices and create incentives to provide secure, accurate and reliable voting-equipment systems now and in the future,” said Molly S. Boast, deputy assistant attorney general for the antitrust division in a statement.

via Feds Move to Break Voting-Machine Monopoly | Threat Level | Wired.com.

Score 1 for the voters.

Russian Shareholder Activist Exposes Corporate Greed

When the state-friendly Russian oil company Surgutneftegas held its annual shareholders meeting in the Siberian city of Surgut two years ago, the proceedings in the shabby auditorium started off as tightly scripted as a Politburo meeting. That is, until the moderator called for questions and Alexei Navalny took the stage. In front of some 300 stunned shareholders, Navalny, who owned about $2,000 worth of stock in the company, grilled senior management for several minutes about the company’s minuscule dividends and opaque ownership. When he finished, there was a brief silence and then an unexpected burst of applause from a small group of shareholders in the back of the hall. The company directors were visibly flustered, said a Russian journalist present at the meeting. “They clearly weren’t accustomed to being asked questions like that,” the journalist said on condition of anonymity, citing company policy about speaking to other media. “They looked really uncomfortable.”

Asking uncomfortable questions is what Navalny does best. An erstwhile activist in Russia’s marginalized opposition movement, Navalny, 33, has eschewed electoral politics to focus his formidable energies on investigating companies owned by the Russian government and its minions. And in the two years since he crashed that shareholders meeting in Surgut, he has arguably become Russia’s most relevant political renegade. He is demonstrating that there may be a tool more effective than the ballot box in keeping Russia’s ruling class in check: stock.

via Russian Shareholder Activist Exposes Corporate Greed – TIME.

If only we had a wealthy lawyer or ten willing to do the same here.

With Millions Out of Work, The GOP Attacks The Unemployed

“You know,” DeLay said, “there is an argument to be made that these extensions of these unemployment benefits keeps people from going and finding jobs.” When CNN’s Candy Crowley described his argument as “a hard sell” to the public, DeLay replied, “It’s the truth.”

Crowley followed up, asking, “People are unemployed because they want to be?” DeLay again said, “Well, it is the truth.”

When it comes to Republicans condemning the unemployed, there seems to be something of a trend of late.

via The Washington Monthly.

This Republican tendency to “blame the victims” has gone too far. DeLay, you moron, the economy didn’t shed 8 million jobs since the start of the recession because unemployment benefits were too generous. Robert Frank had an interesting column in the Wall Street Journal a couple of weeks ago breaking down the unemployment statistics by class background.

According to a study from Northeastern University’s Center for Labor Studies, unemployment for those in the top income decile — individuals earning more than $150,000 a year — was 3 percent in the fourth quarter of 2009. That compares with unemployment of 31 percent for the bottom 10 percent of income, and unemployment of 9 percent for the middle decile.

Thirty-one percent! The poor are getting absolutely destroyed by the economic downturn, while the rich skate by. This is the same myth about how great it is to be on welfare. Shyeah-right. Do they seriously believe unemployment benefits pay better than good jobs do and that people CHOOSE to remain unemployed while they can’t make ends meet? How fucking out of touch with reality are these assholes?

The worst part of unemployment is the terror of not knowing IF there will be any job for you… ever… at any wage. That’s a terror these assholes sadly will never know. But, God, I wish they’d know it so personally.

Who do you think the critics of unemployment benefits are pitching their message to? It sure as hell isn’t to the majority of the electorate.

The truth is, unemployment benefits are not just a safety net for the unemployed and their families, they keep the economy from totally collapsing. And instead of 10% unemployed and looking for work, we’d have double or triple that.

The conservative Republican creed seems to be: “Helping those in need is bad, unless it’s a huge corporation. Fuck the working class people.”

Kucinich’s Health Reform Dissents Merit Consideration

We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence,[1] promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.

In the same sentence, we see “provide for the common defense” and “promote the general Welfare”.

The Preamble does not have the force of law, but many people think that a case could be made that “the general welfare” could include providing health care for all. Some suggest that we could make a case to establish a right to be secure in our personal health, or perhaps that right was already given to us by the same agency that gave us the right to life, etc, but it has just not yet been enumerated. Some have suggested that we should establish the right to breathe clean air and the right to drink clean water. It’s a short step from the right to life to a right to health.

We pay for Defense by collecting taxes. We can pay for health care by collecting taxes. We can end the war in Iraq. Started by one man, this war, like any war, took on a life of its own. We can just stop fighting, just like a bar fight. We can find the money to take care of the least among us.

Posted by citizendave.net at 03/08/2010 @ 8:34pm

From a comment via Kucinich’s Health Reform Dissents Merit Consideration.

Waterboarding for dummies

These torture guidelines were contained in a ream of internal government documents made public over the past year, including a legal review of Bush-era CIA interrogations by the Justice Department's Office of Professional Responsibility released late last month.

Though public, the hundreds of pages of documents authorizing or later reviewing the agency’s “enhanced interrogation program” haven’t been mined for waterboarding details until now. While Bush-Cheney officials defended the legality and safety of waterboarding by noting the practice has been used to train U.S. service members to resist torture, the documents show that the agency’s methods went far beyond anything ever done to a soldier during training. U.S. soldiers, for example, were generally waterboarded with a cloth over their face one time, never more than twice, for about 20 seconds, the CIA admits in its own documents.

These memos show the CIA went much further than that with terror suspects, using huge and dangerous quantities of liquid over long periods of time. The CIA's waterboarding was “different” from training for elite soldiers, according to the Justice Department document released last month. “The difference was in the manner in which the detainee’s breathing was obstructed,” the document notes. In soldier training, “The interrogator applies a small amount of water to the cloth (on a soldier’s face) in a controlled manner,” DOJ wrote. “By contrast, the agency interrogator … continuously applied large volumes of water to a cloth that covered the detainee’s mouth and nose.”

via Waterboarding for dummies – Torture – Salon.com.

Former CIA Pilot Tells of Guns and Drugs Shipments

Col. James Sabow, USMC

Plumlee and other pilots have testified to Congress that they were working for a secret U.S. military intelligence operation that clandestinely sent them from the United States to bring back the so-called damaged and disappeared weapons for retrofitting and repair.

“When the weapons were repaired and tested at China Lake and Twentynine Palms, in California, they were staged and once again flown back from El Toro Marine Air Base to Latin America, via Mexico, to be supplied to the Contras, the American-financed rebel group seek- ing to overthrow the Sandinista regime in Nicaragua”.

Plumlee says the aircraft used by this group were designated as “cutouts” and certified as belonging to the U.S. Forest Service’s aircraft fleet. They were however, controlled by U.S. military intelligence, and contracted by civilian operators for whom Plumlee and other pilots worked. These pilots used secret air bases in Costa Rica, as well as on the notorious John Hall Ranch, Plumlee says, as unloading and staging areas for the illegal weapons. They also used hidden runways in Costa Rica and El Salvador, controlled by the drug cartel, which then allowed them to bring into the United States drugs on the return trips.

“These flyways and airstrips were secretly recorded by undercover flight crews and reported to various government interdiction agencies in the United States. In 1986, an early operation known by the code name, ‘Penetrate,’ was shut down because of the politically explosive Iran-Contra matter.”

He says in 1990, there was still a covert weapons operation continuing to fly weapons to Latin America, mostly to Bogota, Columbia, which allowed the group to bring back illegal drugs into the United States via Mexico.

via Former CIA Pilot Tells of Guns and Drugs Shipments – Salem-News.Com.

The murder of an American citizen, US Marine Colonel James Sabow, for attempting to whistleblow on Col. Oliver North’s Iran-Contra Operation. There’s no statute of limitations for the crime of murder.

Militarization, Priorities, and Women

Kavita Ramdas and Sharon Bhagwan-Rolls discuss the militarization of society and how it hurts everyone, but especially women. - GRITtv with Laura Flanders

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Obama To Republicans: ‘You Had Ten Years’ To Focus On Costs

Health Care in America: Barack Obama Pwns -(X)- March 08, 2010

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Informed Consent

About half the states in the US require that a woman seeking an abortion be told certain things before she can obtain the medical procedure. In South Dakota, for example, until a few months ago, staff was required to tell women: “The abortion will terminate the life of a whole, separate, unique, living human being”; the pregnant woman has “an existing relationship with that unborn human being,” a relationship protected by the U.S. Constitution and the laws of South Dakota; and a “known medical risk” of abortion is an “increased risk of suicide ideation and suicide.” A federal judge has now eliminated the second and third required assertions, calling them “untruthful and misleading.” 1

I personally would question even the first assertion about a fetus or an embryo being a human being, but that’s not the point I wish to make here. I’d like to suggest that before a young American man or woman can enlist in the armed forces s/he must be told the following by the staff of the military recruitment office:

“The United States is at war [this statement is always factually correct]. You will likely be sent to a battlefield where you will be expected to do your best to terminate the lives of whole, separate, unique, living human beings you know nothing about and who have never done you or your country any harm. You may in the process lose an arm or a leg. Or your life. If you come home alive and with all your body parts intact there’s a good chance you will be suffering from post-traumatic stress disorder. Do not expect the government to provide you particularly good care for that, or any care at all. In any case, you may wind up physically abusing your spouse and children and/or others, killing various individuals, abusing drugs and/or alcohol, and having an increased risk of suicide ideation and suicide. No matter how bad a condition you may be in, the Pentagon may send you back to the battlefield for another tour of duty. They call this ’stop-loss’. Your only alternative may be to go AWOL. Do you have any friends in Canada? And don’t ever ask any of your officers what we’re fighting for. Even the generals don’t know. In fact, the generals especially don’t know. They would never have reached their high position if they had been able to go beyond the propaganda we’re all fed, the same propaganda that has influenced you to come to this office.”

Since for so many young people in recent years one of the determining factors in their enlistment has been the economy, this additional thought should be pointed out to them — “You are enlisting to fight, and perhaps die, for a country that can’t even provide you with a decent job, or any job at all.”

via William Blum :: Anti-Empire Report, Number 79.

Happy 100th International Women’s Day

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For all my sisters out there in the world. Bless you.

International Women’s Day 2010: Equal Rights, Equal Opportunities

I only know that people call me a feminist whenever I express sentiments that differentiate me from a doormat or a prostitute.” – Rebecca West

March, as many of you know, is Women’s History Month. But today is the 100th International Women’s Day. One of the themes for this year’s International Women’s Day celebration is “equal rights, equal opportunities.”

Women’s Day or IWD was first promulgated in 1910 in Copenhagen at the International Conference of Working Women by a leading German socialist named Clara Zetkin. International Women’s Day was marked by over a million in 1911 in Germany, Austria, Switzerland and Denmark.

On March 25, 1911, a fire at the Triangle Shirtwaist Factory killed more than 140 workers fueling the celebration of International Women’s Day.

International Women’s Day dwindled in the 1930s until the 1960s with the rise of feminism. In 1965, International Women’s Day became a non-working holiday in the Soviet Union.

And though the struggle for the equality of women has progressed tremendously much remains to be done. The United Nations has a sobering statistic to think about this International Women’s Day. According to the UN Development Fund for Women it is women who perform 66 percent of work globally, women produce half of the food globally, but earn 10 percent of men, and own only 1 percent of  global property. Women displaced by armed conflict face violence, discrimination and intimidation. Often these displaced women live alone with their children. They also represent 70 percent of the planet’s poor — a reality that’s become more severe after the recent global economic crisis. When the going got tough, the women were the first to be fired.

This year the United Nations is doing a 15-year review of the implementation of the Beijing Declaration and Platform for Action (1995).

The Beijing Platform for Action asserted women’s rights as human rights and committed to specific actions to ensure respect for those rights. United Nations support for the rights of women began with the international framework declared in the UN Charter.  Among the purposes of the UN declared in Article 1 of its Charter is “To achieve international co-operation … in promoting and encouraging respect for human rights and for fundamental freedoms for all without distinction as to race, sex, language, or religion.”

To mark International Women’s Day, Amnesty International released two reports looking at sexual violence in locations across the developed and developing world; specifically Cambodia and the Nordic Countries of Denmark, Finland, Norway and Sweden.

  • Breaking the silence: Sexual violence in Cambodia (.pdf) exposes how corruption and discrimination within the police and courts prevent survivors of rape from receiving justice and required assistance, while most perpetrators go unpunished.
  • Case closed: Rape and human rights in the Nordic countries (.pdf) shows that women who report rape to the police in the Nordic countries have only a small chance of having their cases tried by a court of law. The result is that many perpetrators are never held to account for their crimes. Amnesty International examines the gaps in laws, procedures and practices and calls on the governments of Denmark, Finland, Norway and Sweden to take steps to ensure justice for all victims and survivors of sexual crimes.

Millions of women today live in poverty, experience gender discrimination and inequality, and are subject to violence, abuse, and exploitation. The result is not only the suffering of women themselves, but a continuing cycle of oppression and abuse.

The world’s women survive vastly different lives, but their stories are of endurance, grit and grace.

http://video.google.com/videoplay?docid=-4631324857495646397

Happy International Women’s Day 2010.

Ex-Space Shuttle Engineer Gets 15-Year Term for China Spying

On Sept. 11, 2006, FBI and NASA agents searched Chung’s residence in Orange, California, and found more than 250,000 pages of documents from Boeing, Rockwell and other defense contractors inside the house and in a crawl space underneath it. Among the documents were scores of binders containing decades’ worth of stress analysis reports, test results and design information for the Space Shuttle.

“The FBI and our partners in the intelligence community are committed to stopping those intent on stealing American technology, whether they are motivated by money or allegiance to their native country,” said Steven M. Martinez, Assistant Director in Charge of the FBI in Los Angeles, in a statement.

The case is U.S. v. Chung , 08-cr-00024, U.S. District Court, Central District of California (Los Angeles).

via Ex-Space Shuttle Engineer Gets 15-Year Term for China Spying – BusinessWeek.