Wednesday, June 25, 2008

Big Dan's Big News June 25, 2008

Loving John McCain (the corporate media's love affair with McCain)

Closing Enron Loophole Would Drop Oil Prices 25% - 50% Overnight .

Closing Enron Loophole Would Drop Oil Prices 25% - 50% Overnight. This According to Michael Greenberger, a Former Director of the Gov't Board That Oversees Commodities Trading

May 19 article: Sen. John McCain says he opposes the $307 billion farm bill because it would dole out wasteful subsidies, but his chief economic adviser Phil Gramm also wants to stop its proposed regulation of energy futures trading, a market that was famously abused when Enron Corp. manipulated California’s electricity prices in 2001. Phil Gramm's wife served on the board of ENRON, btw!

This is what the Iraq War was all about: the U.S. rulers' forcing Iraq to sign over their oil to Big Oil.

Deals with Iraq are set to bring oil giants back: Exxon Mobil, Shell, Total and BP.

How is McCain connected to big oil and rising gas prices?

Saved by Senate Republicans, big oil companies dodged an attempt Tuesday to slap them with a windfall profits tax and take away billions of dollars in tax breaks in response to the record gasoline prices that have the nation fuming.

50% of gas increase is due to oil speculators, betting on the price of oil, allowed to do so because of an attachment to a bill in 2000 by Texas Republican Phil Gramm, who is now John McCain's campaign advisor.

(The following is from a June 4 post of mine...)

John McCain's campaign co-chair, Phil Gramm, blocked legislation that would have helped US investigators track Osama bin Laden's financial network before 9/11. Also, Gramm had been lobbying for a Swiss bank this spring to head off relief for victims of the mortgage crisis at the same time that he was acting as a leading McCain economic advisor.

This fresh controversy about Gramm arose as McCain was blasting Obama for his promise to talk with Iranian leaders and the Obama campaign was responding that McCain "continues to cling to a foreign policy that's failed to make the U.S. or Israel safer."

"How does McCain run on being tough on Israel's enemies?" Olbermann asked Chris Hayes of The Nation.

Olbermann: 'McCain's top guy on the economy made it easier for bin Laden'

MSNBC: McCain economic policy shaped by lobbyist. Swiss bank paid McCain co-chair to push agenda on U.S. mortgage crisis

Newsweek: For weeks now, John McCain's presidential campaign has faced awkward questions about the outside activities of several top advisers. Add one more name to the list: former Texas senator Phil Gramm, McCain's longtime friend and one of his five campaign co-chairs. (A sixth, former congressman Tom Loeffler, quit recently after NEWSWEEK reported on his lobbying work for Saudi Arabia.)

Countdown: McCain's Lobbyists Ties to Terrorists


No, this is no joke! This is an actual campaign commercial running in Texas to elect Republican John Cornyn! You will laugh your ass off at this!


George Carlin (1937–2008): Legendary Comedian Challenged Status Quo Throughout 50-Year Career

Legendary comedian George Carlin died of heart failure on Sunday evening at the age of seventy-one. Carlin was one of the most well-known comedians of the past fifty years and was widely considered one of the top stand-up comics of all time. We play some of Carlin’s memorable routines and look at his legacy with Richard Zoglin, author of Comedy on the Edge: How Stand-Up in the 1970s Changed America.

The entire Democracy NOW! show on DISH channels 9410 & 9415 and DirecTV channel 275:

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