Saturday, January 28, 2012

The face of Democracy .... Camila Vallejo of Chile!!!!

The Guardian asked readers to vote for its person of the year. The candidates included household names like German Chancellor Angela Merkel, the Egyptian techno-revolutionary Wael Ghonim and the Burmese pro-democracy leader Daw Aung San Suu Kyi. All placed far behind a striking, nose-ringed student from Chile named Camila Vallejo.

Though far from a familiar face in the United States, the 23-year-old Ms. Vallejo has gained rock-star status among the global activist class. Since June she has led regular street marches of up to 200,000 people through Santiago’s broad avenues — the largest demonstrations since the waning days of the Pinochet regime in the late 1980s. Under her leadership, the mobilization, known as the Chilean Winter, has gained nationwide support; one of its slogans, “We are the 90 percent,” referred to its approval rating in late September.
Ms. Vallejo’s charismatic leadership has led commentators to make the obligatory comparisons to other Latin American leftist icons like Subcomandante Marcos and Che Guevara. Yet “Commander Camila,” as her followers call her, has become a personality in her own regard. She skewers senators in prime-time TV debates and stays on message with daytime talk-show hosts hungry for lurid details about her personal life, while her eloquence gives her a preternatural ability to connect with an audience far beyond her left-wing base. 

In perhaps the most poignant set piece in the year of the protester, Ms. Vallejo addressed a dense ring of photographers and reporters in August while kneeling within a peace sign made of spent tear-gas shells, where she calmly mused about how many educational improvements could have been bought with the $100,000 worth of munitions at her feet. 

Ms. Vallejo, like many of her fellow student leaders, is an avowed communist. But while she has publicly commended other regional leftists like Presidents Evo Morales of Bolivia and Rafael Correa of Ecuador, she and her generation have little in common with the older left of Fidel Castro or Hugo Chávez. They are less ideological purists than change-seeking pragmatists, even if that means working within the existing political order. 

Still, there’s no question that the movement is upending Chilean society. True, it is centered on a policy question, namely reforming an educational system that disproportionally favors the children of wealthy families. But the earth-shaking Paris protests in 1968 also began with calls for university reform — before spiraling into street battles between radicalized students and truncheon-wielding gendarmes, opposing symbols in the culture war between old and new France. 

The same process is under way in Chile. As the protests increasingly devolve into rock and tear-gas exchanges between students and the police, it’s becoming clear that more than education policy is at stake: a nonviolent social revolution in which disaffected, politically savvy youth are trying to overthrow the mores of an older generation, one they feel is still tainted by the legacy of Pinochet. It is not just about policy reform, but also about changing the underlying timbers of Chilean society. 

It’s no surprise that the movement should be led by someone as charismatic as Ms. Vallejo. Paris 1968 had its celebrity protesters, handsome faces that brought hundreds of thousands into the streets, photogenic young men like Jacques Sauvageot and Daniel Cohn-Bendit. Chile has Ms. Vallejo.

Just what you want in a Presidental candidate (Ron Paul)...somemone motivated by "greed more than bigotry"

The controversy over Ron Paul's newsletter business erupted again on Friday -- just days before the Florida primary -- when three former associates of the libertarian presidential candidate contradicted his earlier claims of ignorance about the racist and anti-Semitic material published under his name. Although the Texas Congressman has previously insisted that he had been unaware of the newsletters' racial slurs, his former secretary Renae Hathaway, who still supports his candidacy, said: “It was his newsletter, and it was under his name, so he always got to see the final product. . . . He would proof it." Hathaway told the Washington Post that Paul was a "hands-on boss" who frequently visited the publication's offices despite his busy schedule as a Congressman and practicing physician.

Confirmation of Hathaway's recollections came from Eric Dondero Rittberg, another ex-aide, who told the Post that Paul approved all the final copy in his newsletters during the 1990s, when the racist articles appeared. As other former Paul associates have suggested, Rittberg said that the Congressman's motives involved greed more than bigotry. “The real big money came from some of that racially tinged stuff," Rittberg said, "but he also had to keep his libertarian supporters, and they weren’t at all comfortable with that." According to the Post's analysis, the newsletter business was so profitable that Paul went from personal indebtedness to a net worth of more than $5 million.

Friday, January 27, 2012

20 Percent Rebound = Golden Cross!!!! Yippie I Oh!!!

The S&P 500 has jumped almost 20 percent from its 2011 low in October amid optimism that the U.S. economy will withstand Europe’s debt crisis. The index’s 50-day moving average is 0.2 percent away from exceeding the average price for the prior 200 days. 

The formation, known as a “golden cross,” will occur for the first time since 2010 and is historically a signal that more gains are likely to follow, Birinyi Associates Inc. said. 

The S&P 500 climbed to its highest level since July on Jan. 25 after the Fed extended its commitment to keep interest rates low through at least late 2014 and Chairman Ben S. Bernanke signaled that central bankers haven’t ruled out additional asset purchases.

Chevron criminal charges for oil spill


A Brazilian prosecutor plans to file criminal charges against Chevron Corp and some of its local managers within weeks, adding the threat of prison sentences to an $11 billion civil lawsuit as punishment for a November offshore oil spill.

The filing in federal court in Campos, Brazil, will likely include a request for criminal indictment of George Buck, chief executive of Chevron's Brazil unit, as well as other staff, three Brazilian government officials involved in the case told Reuters.

Transocean Ltd, whose rig was used in the operation, and some of its employees in Brazil are also expected to be charged, according to the officials, who requested anonymity because the case has not been presented to a judge. It is up to a judge to determine whether to accept the charges and proceed with indictments.

Thursday, January 26, 2012

SEC Investigates Bribes paid to Abu Dhabi Investment Authority

The SEC launched an investigation to determine whether U.S. financial firms made unlawful payments in connection with obtaining or seeking to obtain investments from sovereign wealth funds – payments which might have violated the Foreign Corrupt Practices Act (“FCPA” or “Act”).

The Abu Dhabi Investment Authority, which channels Abu Dhabi’s oil profits into investments – are
large pools of cash that governments draw from their reserves to make investments. The SEC’s investigation, although in an early stage, appears to focus on whether certain U.S.- based banks, hedge funds and private equity firms – either directly or indirectly – made illegal payments to employees or representatives of sovereign wealth funds.

Bahrain: Brutal, Unjust and Clock that is running out...tic tic tic toc


Bahrain must investigate more than a dozen deaths that followed the use of tear gas by security forces, rights group Amnesty International said on Thursday after the Gulf kingdom reported that a man had died while in custody.

Protests in Bahrain appear to have picked up recently despite the findings released in November of a government-backed  commission established to investigate abuses by the government and security forces, Mariwan Hama-Saeed of Human Rights Watch says.

"We were expecting (the government) just to ease up on these people, but since this report was published we've seen crackdowns every day," he says.

Reuters reported that Bahrain's Interior Ministry said that a man detained by police over "acts of sabotage" died in the hospital, without elaborating on the cause of death.

According to Amnesty, a Bahraini human rights group has reported at least 13 deaths resulting from the security forces' use of tear gas against peaceful protesters as well as inside people's homes with a rise in such deaths in recent months.

A 20-year-old was seriously injured and hospitalized after being hit in the head by a tear gas canister launched by riot police, the group said. Amnesty went on to document a series of incidents that allegedly showed how tear gas had been used improperly, including against women, children and the elderly.

Wednesday, January 25, 2012

99% Our Priorities


Equality For All
We're working to make sure that individuals of every gender, race, religion, sexual orientation, and national origin aren't pushed to the margins.
Fair and Just Courts
Federal judges and Supreme Court justices -- appointed to lifetime terms -- play a profound role in safeguarding our rights. We're fighting to keep our courts free, fair, and independent.
Fighting the Right
The Radical Right is relentlessly pursuing cultural influence and power at every level of government -- and we're pushing back, exposing and countering their extreme agenda every step of the way.
Freedom of Speech
Democracy is a hollow promise if citizens aren't guaranteed freedom of expression. We're working to protect Americans' right to speak their minds without fear of reprisal.
Religious Liberty
We're fighting to preserve Americans' freedom to worship -- or not -- as they choose, without fear of coercion or government interference.
The Right to Vote
We work to tear down barriers to the ballot box for the elderly, minority communities, and students.


The Opportunity to Succeed
The American Dream is built upon the basis of everyone gets a chance to make it to the top.  Good education, an ability to find employment that is rewarding, challenging and offers the potential for growth, a social safety net, a vision for an America not 10 years but 10 thousand years from now = is what we will fight, get or die trying.

So while you suck that gimlet down your jowly flaccid face at Davos; know you're in our sights 1%...and there are 99% of US(A)!