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Chimichurri's Journal
![]() Count 1 Deprivation of James Brissette's civil rights Kenneth Bowen: Guilty Robert Gisevius: Guilty Robert Faulcon: Guilty Anthony Villavaso: Guilty If guilty, jury must answer this question: Did the offense result in the death of James Brissette? Count 2 Use of a firearm in the Brissette shooting (only to be considered if at least one defendant is found guilty in Count 1) Kenneth Bowen: Guilty Robert Gisevius: Guilty Robert Faulcon: Guilty Anthony Villavaso: Guilty For any defendant found guilty of Count 2, jury must answer this question: Did the defendant's use of a firearm cause the death of James Brissette? Kenneth Bowen: No Robert Gisevius: No Robert Faulcon: No Anthony Villavaso: No If the answer for any of those defendants was yes, the jury must also answer this question: Did the death of James Brissette involve circumstances constituting murder?No Count 3 Deprivation of Susan Bartholomew's civil rights Kenneth Bowen: Guilty Robert Gisevius: Guilty Robert Faulcon: Guilty Anthony Villavaso: Guilty Count 4 Deprivation of Leonard Bartholomew III's civil rights Kenneth Bowen: Guilty Robert Gisevius: Guilty Robert Faulcon: Guilty Anthony Villavaso: Guilty Count 5 Deprivation of Lesha Bartholomew's civil rights Kenneth Bowen: Guilty Robert Gisevius: Guilty Robert Faulcon: Guilty Anthony Villavaso: Guilty Count 6 Deprivation of Jose Holmes' civil rights Kenneth Bowen: Guilty Robert Gisevius: Guilty Robert Faulcon: Guilty Anthony Villavaso: Guilty Count 7 Use of a firearm in the shootings of Holmes and the Bartholomews Kenneth Bowen: Guilty Robert Gisevius: Guilty Robert Faulcon: Guilty Anthony Villavaso: Guilty Count 8 Deprivation of Ronald Madison's civil rights by shooting Robert Faulcon: Guilty If guilty, jury must also answer this question: Did the offense result in the death of Ronald Madison? Count 9 Use of a firearm in the Madison shooting Robert Faulcon: Guilty If guilty, jury must also answer this question: Did the defendant cause the death of Ronald Madison? Yes If the answer is yes, the jury must also answer this question: Did the death of Ronald Madison involve circumstances constituting murder? No. Count 10 Deprivation of Ronald Madison's civil rights by beating Kenneth Bowen: Guilty Count 11 Conspiracy to obstruct justice and make false statements Kenneth Bowen: Guilty Robert Gisevius: Guilty Robert Faulcon: Guilty Anthony Villavaso: Guilty Arthur "Archie" Kaufman: Guilty Count 12 Conspiracy to violate Jose Holmes' civil rights by false prosecution Kenneth Bowen: Guilty Robert Gisevius: Guilty Robert Faulcon: Guilty Anthony Villavaso: Guilty Arthur "Archie" Kaufman: Guilty Count 13 Conspiracy to violate Lance Madison's civil rights by false prosecution Kenneth Bowen: Guilty Robert Gisevius: Guilty Arthur "Archie" Kaufman: Guilty Count 14 Falsification of evidence to obstruct justice Arthur "Archie" Kaufman: Guilty Count 15 Obstruction of justice by planting a firearm Arthur "Archie" Kaufman: Guilty Count 16 Making false statements to the FBI regarding a firearm Arthur "Archie" Kaufman: Guilty Count 17 Falsification of victim statements Arthur "Archie" Kaufman: Guilty Count 18 False statements to the FBI regarding victim statements Arthur "Archie" Kaufman: Guilty Count 19 September 2005 false statement to Arthur Kaufman in NOPD report Kenneth Bowen: Guilty Count 20 January 2006 taped false statement about shooting Kenneth Bowen: Guilty Count 21 January 2006 taped false statement about shooting Robert Gisevius: Guilty Count 22 June 2006 taped false statement about shooting Robert Faulcon: Guilty Count 23 January 2006 taped false statement about shooting Anthony Villavaso: Guilty Count 24 Fabrication of witnesses Arthur "Archie" Kaufman: Guilty Count 25 False statements to the FBI regarding fabrication of witnesses http://www.nola.com/crime/index.ssf/2011/0... ![]() (cartoon from http://www.correntewire.com/american_extre... ) Glenn Greenwald explains: It appears to be true that the President wanted tax revenues to be part of this deal. But it is absolutely false that he did not want these brutal budget cuts and was simply forced -- either by his own strategic "blunders" or the "weakness" of his office -- into accepting them. The evidence is overwhelming that Obama has long wanted exactly what he got: these severe domestic budget cuts and even ones well beyond these, including Social Security and Medicare, which he is likely to get with the Super-Committee created by this bill (as Robert Reich described the bill: "No tax increases on rich yet almost certain cuts in Med http://www.salon.com/news/opinion/glenn_gr... In a highly damaging broadside, two former News of the World senior executives claimed the evidence Murdoch gave to the committee on Tuesday in relation to an out-of-court settlement to Gordon Taylor, chief executive of the Professional Footballers Association, was "mistaken".
The statement came as something of a bombshell to the culture, sport and media select committee, which immediately announced it would be asking Murdoch to explain the contradiction. Colin Myler, editor of the paper until it was shut down two weeks ago, and Tom Crone, the paper's former head of legal affairs, said they had expressly told Murdoch of an email that would have blown a hole in its defence that only one "rogue reporter" was involved in the phone-hacking scandal. This contradicts what Murdoch told the committee when questioned on Tuesday. James Murdoch is standing by his version of events. .... The email is believed to have been critical in News International's decision to pay Taylor such a large sum of money. If it had got out in a full-blown court case brought by the Profession Footballers' Association chief executive it would have blown a hole in News International's claim that only one reporter was involved in hacking. James Murdoch claimed to the MPs that this email had been concealed from him by two company executives, Crone and Myler, when he was persuaded to sign off the secret deal with Taylor. Earlier this month James Murdoch acknowledged he was wrong to settle the suit, saying he did not "have a complete picture of the case" at the time. http://m.guardian.co.uk/media/2011/jul/21/... The Murdoch's try to throw their minions under the bus and the minions reciprocate the favor. The US movie, theme park and entertainment giant is ready to pounce with a takeover if Rupert Murdoch has to give up his 39 per cent stake in the network. Murdoch was forced to dump his €9billion bid for the 61 per cent of BSkyB shares he does not own in the wake of the hacking scandal. Regulator Ofcom could force him to shed the rest if it declares his News Corporation is not a “fit and proper” organisation. A City insider said: “Disney is the arch rival of Murdoch’s News Corp. It would like nothing more than to pull off the deal he couldn’t.” Sources say Disney is preparing the bid so it can swiftly step in if Murdoch is forced out of Sky or sells up his British interests. A TV finance analyst said: “It would be a good move for Disney. If it could get its hands on Murdoch’s 39 per cent stake that would automatically trigger a bid for the rest of the company.” http://www.people.co.uk/news/politics/2011... Is this true? I know they lie but would they really take a chance at lying to this magnitude considering how damaged the republican brand has become?
I'd like to know where she got that cuz this is the 2nd time I've heard this. Anyone watching the hearing on CSPAN?
Instead of trying to nail down the real issues to fix our catastrophic financial problems, the republicans use this hearing as an opportunity to sling mud at the dems. John Mica asked Greenspan and 2 others being questioned if they knew who recieved the most money from Fannie Freddie in the last 20 years...of course they did not. John, feigning outrage says, "Senator Obama". `Joe the plumber,'' the Toledo, Ohio, man whose complaints about Barack Obama's tax plan were featured in the final presidential debate, owes the state of Ohio almost $1,200 in back income taxes. According to records on file with the Lucas County Court of Common Pleas, the state filed a tax lien against Samuel J. Wurzelbacher for $1,182.98 on Jan. 26, 2007, that is still active. Uh oh. I know we've been talking about this but now it seems the corporate media has picked up on it also. http://www.bloomberg.com/apps/news?pid=206... He's been right about this so far even when he was being laughed at for predicting what's happening.
Today's global rate cuts have reduced the risk of a market crash, but won't resolve the underlying crisis, says NYU economist Nouriel Roubini of RGE Monitor. But the financial market crisis has unfolded even quicker than Roubini expected (which is saying something), and the economist now thinks the Dow and S&P will suffer 50% declines from last October's peak vs. 40% previously. In other words, the Dow is going to 7,000, but over the course of months vs. days if Roubini is right, as -- unfortunately for bulls -- he mostly has been for the past two years. "The policy response is going to become more aggressive Because of growing slack in the global economy, Roubini says deflation is going to become a much bigger threat in the next six months vs. inflation. In such an environment, cash, Treasuries and gold are the only safe bets he says -- provided your holdings are within the FDIC's new $250,000 insurance cap. http://finance.yahoo.com/tech-ticker/artic... ^DJI,^GSPC,^IXIC,SPX,DIA This place is usually very republican. I was surprised to see Obama up. Not sure how long that will last, however.
http://www.marketwatch.com/?cbsReferrer= Oct. 2 (Bloomberg) -- If you think this bailout is expensive, just wait until you see the next one. The $700 billion rescue plan approved by the U.S. Senate won't fix the core problem with the nation's ailing financial institutions. And it almost guarantees that you and I will have to pony up for an even costlier bailout someday, maybe soon, if the House of Representatives passes it tomorrow. Treasury Secretary Hank Paulson has correctly identified the quandary: Lots of shaky banks and insurance companies are showing strangely high values for assets that aren't worth squat in the market. Many need more capital and can't raise it. And he's right in saying the outlook is grim if we don't get this fixed. What's stunning is how little the taxpayers would get in return for their money under Paulson's package, and how illusory much of the banks' newly minted capital would be. Under the plan, Treasury would buy some companies' troubled assets at above-market values. To boost their capital, Paulson would have to pay the companies more than what their balance sheets say the assets are worth. Then other companies would use the rigged prices to write up, or avoid writing down, the values of similar holdings on their own books. So, the taxpayers get hosed on the asset purchases. Other banks use the trumped-up prices to cook their books. And investor confidence supposedly is restored. That brings us to this question: Why would a smart guy like Hank Paulson -- the former boss of Goldman Sachs -- advance such a dumb, shady plan? Let us count the reasons: No. 1: It delays our national reckoning until after the presidential election. Paulson first floated a bailout Sept. 18, at the very hour when shares of Goldman Sachs Group Inc. and Morgan Stanley looked like they might go into a death spiral. It's not so much a bailout, as it is a timeout. He had to follow up with something, anything, to stop the freefall from resuming. It didn't have to make sense. So it doesn't. The plan is about creating the illusion of stronger financial institutions, not strengthening them. The banks know this. Otherwise, they would have stopped charging each other near-record rates for three-month loans by now. The reason they haven't is because they're still afraid their customers -- other banks -- might go broke. No. 2: The reckoning will be worse than you can imagine. If Paulson were serious about recapitalizing rickety U.S. banks, he would infuse them with hundreds of billions of dollars of fresh government money, in exchange for ownership stakes. And if he wanted to create market liquidity for all those troubled assets on their books, he would be ordering banks to disclose everything there is to know about them, so Mr. Market could figure out their present value. He can't let that happen. Not now. If everyone could see how much the toxic waste is worth, the writedowns would be so huge that many banks would have to be declared insolvent. Better to let the next administration deal with the clean- up. The trouble is, the longer the government waits to address the banks' lack of capital, the worse it gets, barring a miracle. No. 3: He's helping his friends. Is there any doubt? Let's see. As of yesterday, Morgan Stanley Chief Executive John Mack owned 2.75 million shares of his company's stock, valued at about $67 million. If Mack can get Morgan Stanley to trade reams of sketchy paper for billions of dollars of our Treasury's cash, without diluting any of his stake in the company, who benefits? Paulson would have us believe it's you. No. 4: There's an excellent chance the Congress will pass it. Leave someone else to figure out the costs another day. http://www.bloomberg.com/apps/news?pid=206... The credit crisis really puts the free in free market. The freest market is supposed to be the United States, and the evidence in favour of that argument is mounting. It's just not what you think. Free, in this case, means a free ride for a select group of people. Wall Street never looked so good, or bad, depending on your perspective. From early 2004 until mid-2007, the big Wall Street investment banks made $250-billion (U.S.) in profits. (That's Bank of America, Citigroup, JPMorgan, Morgan Stanley, Goldman Sachs, Lehman Brothers and Merrill Lynch.) During the past year, they've written off $107-billion. Keep in mind as we follow the money that if you include smaller dealers and commercial banks, the profit number swells and the writeoffs are even bigger. As fate would have it, the writedowns, mostly garbage subprime loans, equal almost perfectly the amount of money Washington will dole out in stimulus cheques to get the economy going again. The House of Representatives Speaker said last year that the stimulus package would create 500,000 jobs. She got the number more or less right, but it was actually a loss of jobs. Meanwhile, recent figures show that of the money that's been mailed and spent, only a 10th has gone to new spending. The rest of it has been consumed by inflation (that is, because prices have gone up, even if consumers take their money to the mall, they're not helping the economy much). Inflation is partly a product of easy money or low interest rates. Why does the Federal Reserve keep interest rates low? To stimulate the economy, which is being ravaged by the housing recession. The housing recession, meanwhile, was fuelled by Wall Street's greed and recklessness, aided and abetted by the easy money and the fraudulence of builders, appraisers and mortgage brokers. Back to Wall Street to start connecting the dots. According to the New York State Comptroller's Office, the big banks paid $33.2-billion in bonuses in 2007, down only slightly from 2006, an even more splendid year for subprime origination. During the past four years, bonuses closed in on $100-billion, not far off the writeoffs and the stimulus package. Back to Washington, whose coffers are bare, meaning that $107-billion is borrowed money. Borrowed from whom? Savers, mostly foreign. Borrowed by whom? The taxpayer of course. So in effect, the stimulus package is simply a matter of the cash-strapped, highly indebted U.S. consumer borrowing to spend (or pay debts) to save the economy. It's pretty clear what's happening. Ultimately, the people are borrowing to pay Wall Street bonuses. After all, these handsome rewards are based on the earnings of the banks, but they're not real earnings, since the assets that produced them are subsequently written off. ...read the rest here http://www.reportonbusiness.com/servlet/st... "As Senators McCain and Obama fine-tune their plans for Social Security in preparation for the 2008 presidential election, a new report from the Center for Economic and Policy Research (CEPR) shows that, due to the collapse of the housing bubble, the vast majority of Americans have accumulated little or no wealth. This means that they will be almost completely reliant on Social Security and Medicare to support them in their retirement years."
..... "The report projects that if house prices stay the same through 2009, the median household headed by a person between the ages of 45 and 54, those in their prime earning years, will have 24.7 percent less wealth than did the median household in this age group in 2004. These households will have accumulated just $113,268 in net worth in 2009, barely $15,000 more than their counterparts in 1989, whose net worth totaled $97,600. If real house prices fall 10 percent, the median household in the 45 to 54 cohort will see a 34.6 percent loss in wealth compared with the median in 2004 while families in the 18 to 34 cohort will lose of 67.6 percent. If prices fall by 20 percent, the most pessimistic scenario, families in the 55-64 cohort will experience a loss of 49.6 percent of their wealth compared to the same cohort in 2004." ... This analysis should also prompt serious re-examination of policy proposals to cut Social Security and Medicare for near retirees. Baker commented, “policies that perhaps could have been justified at the peak of the housing bubble make much less sense now that tens of millions of near-retirees have just seen most of their wealth disappear.” In analyzing wealth holdings for these families, the authors used data from the Federal Reserve Board’s 2004 Survey of Consumer Finance. The authors also used the S&P 500 and the Case-Shiller 20-City Composite Index to adjust for equity values and home price changes between 2004 and 2009. http://www.cepr.net/index.php/press-releas... Attorney General Alberto R. Gonzales endured blunt criticism Tuesday from federal prosecutors who questioned the firings of eight United States attorneys, complained that the dismissals had undermined morale and expressed broader grievances about his leadership, according to people briefed on the discussion. About a half-dozen United States attorneys voiced their concerns at a private meeting with Mr. Gonzales in Chicago. Several of the prosecutors said the dismissals caused them to wonder about their own standing and distracted their employees, according to one person familiar with the discussions. Others asked Mr. Gonzales about the removal of Daniel C. Bogden, the former United States attorney in Nevada, a respected career prosecutor whose ouster has never been fully explained by the Justice Department. While Mr. Gonzales’s trip was part of a long-scheduled tour, he has been meeting in recent days with prosecutors in an effort to repair the damage caused by the dismissals. President Bush has backed Mr. Gonzales, but his tenure at the Justice Department may still be in peril as lawmakers in both parties have called for his resignation, questioned his credibility and raised doubts that he can lead the department. http://www.nytimes.com/2007/03/29/washingt... I'm actually quite surprised he's managed to hang on this long. I hope it's worth it to the republicans come election time. |
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