NEIL CAVUTO, HOST: CAVUTO: Ralph Nader says he has figured out something, that Barack Obama is desperate, and he is so worried he is going to lose, he is going to go for Hillary Clinton as his running mate. No one says that. Ralph Nader does.
Ralph is here to explain.
Mr. Nader, good to have you. Thank you for coming.
RALPH NADER, PRESIDENTIAL CANDIDATE: Pretty good, Neil.
• Video: Watch Neil's interview with Ralph Nader
That's a bit of a stretch. I was just saying that, if he wanted a plus for his campaign, Hillary Clinton would get him more votes than anyone else, because -- if only in a negative way, because a quarter of her supporters have not jumped on board of the Obama bandwagon. They're flirting with McCain. There are some actually supporting Nader/Gonzalez, our campaign. So, he's got to get those votes back.
CAVUTO: But how many -- how many of them would go to you or McCain, realistically, in enough numbers to worry him, that he would make this leap? NADER: Yes. Well, it's a quarter of her supporters, according to the polls, of Hillary supporters. That's -- that is a lot of people, especially in a close election. The other candidates they are tossing around, just they won't give him much at all in terms of votes. And I doubt whether they will even give him an extra state. But Hillary and her supporters can give him a lot of money. And he's need three or four times what McCain is going to receive from the public funding of $83 million. And she has got a lot of very, very vigorous supporters, you know, knocking on doors, and grassroot get-out-the-vote. So, you remember, John F. Kennedy did not like Lyndon Johnson. They were really not friends. But he picked him. And Johnson delivered Texas and won the election against Richard Nixon. So, it's a...
it also lets him speak for himself regarding last night's topic. again, he's probably right about the v.p. pick.
it won't change a thing for me. hillary should be the democratic nominee. if she's going to have to bust her ass for barak, he's still not going to get my vote. i'm not going to vote for her to do all the hard work while he goes around with his goofy, wide mouthed smile.
he really is a starlet. sorry.
with the lip gloss, the wide eyes the open mouth.
no wonder americans don't take him seriously.
by the way, in today's 'snapshot,' c.i. notes robin long's court-martial which starts tomorrow. kat & i were screaming at c.i. to note 'hello! i was right!'
c.i. revealed that the military was toying with the idea of court-martialing robin during the denver convention and that robin would be court-martialed in august. but 'experts' said it would be in september so c.i. left it alone.
people need to learn to trust c.i.'s sources.
after kat & i screamed and screamed for about 5 minutes, c.i. added 'as expected ...' it should have read, 'as i was explaining when no 1 wanted to listen ...'
now let's go to team nader's latest blog post, from ralph:
Banking on Congress
This week, The Wall Street Journal reported that Federal Deposit Insurance Corporation (FDIC) officials are pushing various agencies charged with regulating banks, such as the Treasury’s Office of Thrift Supervision to more aggressively give problem banks lower ratings than they may now be receiving from regulators. Regulators give banks a rank between 1 and 5. Well-managed banks get a 1, problem banks receive a 4 or 5. The FDIC wants to see more banks getting 4s or 5s.
In late July, I wrote to U.S. Senate Committee on Banking, Housing and Urban Affairs Chairman Christopher Dodd (D-Conn.) and House Financial Services Committee Chairman Barney Frank, D-Mass. to suggest that they jointly hold hearings on the FDIC’s ability to deal with potential bank failures in the next several years. In the letter, I noted that in a March 10, 2008 memorandum on insurance assessment rates, Arthur J. Murton, Director of the Division of Insurance and Research for the FDIC stated:
While 99 percent of insured institutions meet the “well capitalized” criteria, the possibility remains that the fund could suffer insurance losses that are significantly higher than anticipated. The U.S. economy and the banking sector currently face a significant amount of uncertainty from ongoing housing sector problems, financial market turbulence and potentially weak prospects for consumer spending. These problems could lead to significantly higher loan losses and weaker earnings for insured institutions.
FDIC Chairman Sheila C. Bair, however, has been singing a more upbeat tune. She recently said, "The banking system in this country remains on a solid footing through the guarantees provided by FDIC insurance. The overwhelming majority of banks in this country are safe and sound and the chances that your own bank could fail are remote. However, if that does happen, the FDIC will be there - as always - to protect your insured deposits."
Despite these reassuring words, the recent failure of IndyMac highlights the need for tough Congressional oversight. Banking experts have indicated that the cost of the collapse of IndyMac alone will be between $4 billion and $8 billion. The FDIC has approximately $53 billion on hand to deal with bank failures. This amount may not be adequate, given the cost of IndyMac and given the approximately $4 trillion in deposits the FDIC insures.
Congressional oversight of the financial services industry and its regulators should be a topic priority for Congress. I even suggested several questions that should be put to FDIC officials such as:
1. Was IndyMac on the list of “Problem Institutions” before it failed?
2. Were the other banks that failed this year on the FDIC list of “Problem Institutions”?
3. What is the anticipated cost of dealing with the failures of the other four banks that failed this year?
4. As of March 31, 2008 the FDIC reported 90 “Problem Institutions” with assets of $26 billion. What is the current number of “Problem Institutions” and what are the assets of these “Problem Institutions”?
5. How many banks are likely to fail in 2008 and 2009 respectively?
6. What is the estimated range of costs of dealing with the projected failures?
7. What will the effect of higher losses than those projected be on the FDIC’s estimate of the proper reserve ratio?
8. What are the FDIC’s projections for reserves needed and potential bank failures beyond 2009?
9. Is the FDIC resisting raising the current rates of assessments on FDIC insured banks so that the cost of any significant bailouts will have to be shifted to the taxpayers?
10. Does the Government Accountability Office (GAO) believe that the existing rate schedule for banks to pay into the Deposit Insurance Fund (DIF) is set at the proper level?
It would also make sense for Congress to revisit the FDIC’s current approach to setting reserve ratios for banks.
The FDIC is not likely to address its own inability to clearly assess the current risks posed to depositors and taxpayers by the high-rolling, bailout-prone banking industry.
When Congress reconvenes after Labor Day it would be prudent for Senator Dodd and Congressman Frank to focus on the FDIC and our nation’s troubled banks through some tough no-holds-barred hearings. These two lawmakers are going to have to hear from the people back home soon.
Neither Senator Dodd nor Congressman Frank have responded to my letter of July 23, 2008.
END
it's interesting the message that chris dodd and barney frank choose to send: 'we only respond if you are a democrat.' the democrats in congress are already blocking ralph as a witness at hearings and now they won't even respond to him. big babies.
big babies who apparently do not understand what it means to be in the u.s. congress. it's not about them and if they can't let go of their big egos and their sour grapes, they may need to consider leaving congress.
let's close with c.i.'s 'Iraq snapshot:'
Tim Richard: Yes, well I would say the moral misgivings were much stronger than the political misgivings. Cause, like I said, I joined the military with the idea of defending the United States and, you know, if that had been the case, I might feel differently about the Iraq War. But now I just felt like what they were asking me to do was just flat wrong. Shooting somebody who is virtually defenseless is wrong and that's something that I didn't think I could be any part of.
7:30am - Supporters are encouraged to attend the trial
Arrive at the Ft. Carson Main Gate at 7:30 am to ensure you can get to Bldg. 6221 in time. You will need to provide a drivers license, registration, and proof of insurance if driving. Do not wear any political buttons, t-shirts, etc.
5:00 pm - Main Gate vigil and press conference
Join Robin's lawyer James Branum and supporters for a vigil and press conference at the Main Gate
1. Donate to Robin’s legal expenses
2. Send Robin letters of support, more
3. Leaflet: Support Robin Long! (PDF)
Courage to Resist alerts, "Supporters are calling on Hon. Diane Finley, Minister of Citizenship and Immigration, to intervene. Phone 613.996.4974 or email finley.d@parl.gc.ca,"Iraq Veterans Against the War also encourages people to take action, "To support Jeremy, call or email Hon. Diane Finley, Minister of Citizenship and Immigration, and ask her to intervene in this case. Phone: 613.996.4974 email: finley.d@parl.gc.ca."
Information on war resistance within the military can be found at The Objector, The G.I. Rights Hotline [(877) 447-4487], Iraq Veterans Against the War and the War Resisters Support Campaign. Courage to Resist offers information on all public war resisters. In addition, VETWOW is an organization that assists those suffering from MST (Military Sexual Trauma).
US Secretary of State Condi Rice snuck into Baghdad. She held a press conference there with Hoshyar Zebari (Green Zone spokesmodel for Jenny Craig as well as the country's foreign minister) to discuss the treaty they're attempting to pass off as a SOFA. Jonathan S. Landy (McClatchy Newspapers) quotes Rice relaxing at Nouri al-Maliki's palatial digs declaring, "Nothing will be signed today." Of course not. Even Gordon Johndroe was attempting to slowly explain that to the press via the traveling White House (in Crawford, TX) on Tuesday. ("Drafts aren't final until they're final," Johndroe declared. "So there are drafts and there have been drafts for the last few weeks.") For those who still can't grasp it, Condi and Hoshy held a joint-press conference in the Green Zone. It was cute the way Hoshy thanked her (repeatedly) for dropping by as he pointed out that "you have so many other preoccupations, but thank you for making the time to visit us." Yes, Condi, "thank you for making the time" despite your "many other preoccupations." She's just the Secretary of State. How nice of her to make time for a war that the US launched. As the White House announced Tuesday: "Secretary Rice was scheduled to lead a delegation to the closing ceremonies of the Olympics in Beijing this coming weekend. Because of ongoing events around the world she is no longer going to be leading that delegation."
Landay was at the press confernece and asked Hoshy, "You have to put it" SOFA "through your political and national security committee, your Parliament, and Ramadan falls early this year. What will you do if you can't get this done by December 31st." Hoshy's optimistic but also noted that the draft of the agreement has to go to the Executive Council as well ("an important body").
Stephen Farrell and Thom Shanker (New York Times) reported this morning: "The main sticking points, in fact, are also the most delicate: setting a timeline for American troops to leave and declaring whether American forces would be granted immunity from Iraqi prosecution." Today at the White House, Gordon Johndroe again tried to stress the obvious: "Discussions are ongoing. We have made some progress in the recent days on an agreement with the Iraqis, but there is no final agreement yet. We will continue to have these discussions with the Iraqis." Johdnroe danced around Senate ratification at first when asked about the US Congress' role by saying certain members had been consulted but then, pressed, stated, "So it's not a treaty, so it would not require Senate ratification or anything like that." At the Pentagon, Bryan Whitman explained that "it's very premature at this point to say that we have an agreement." And it's premature to assume the US Congress is going to go along with being shut out of any process. Among the House members on record publicly raising objection to ignoring the Constituation are US House Rep Susan Davis, US Senators Russ Feingold and Hillary Clinton and US Senator and chair of the Committee of Foreign Relations Joe Biden. And for those confused about the basics, US House Reps Bill Delahunt and Rosa DeLauro explained it in a column for the Washington Post last month explained how "congressional approval of the agreement" is required and urged an alternative to the treaty:
We should extend the U.N. mandate for a short period to maintain the status quo and ultimately turn this issue over to the next president and Congress, who must implement any agreement. Rather than dictating the terms of our long-term relationship with Iraq, such a policy would allow us to work with Iraqis to craft an agreement that includes the carefully coordinated withdrawal of U.S. combat forces that majorities in both countries support. Doing so would also solidify the type of sustainable partnership that the people of the United States and Iraq need and deserve.
As so many in the press corps rush to gush and pretend a treaty has been finalized, Deborah Haynes (Times of London) appears to be the only one who looked beyond the arranged press briefings who notes that "a flying visit to Baghdad by Dr Rice, which drew a scathing reaction from the anti-US cleric Hojatoleslam Moqtada al-Sadr. He accused Washington of trying to pressure the Iraqi authorities to bend to its will."
Meanwhile, Campbell Robertson and James Glanz (New York Times) explore the Iraqi Finance Ministry claims (in figures they handed over to the Times as well as in statements to the paper) that they are spending 57% "of their annual reconstruction budget" and the paper's examination of the figures finds that 18% is the better number and if monies for the Kudistan region (which have not been spent, only allocated) is removed, the figure "drops to 8.7 percent." Stephen Farrell (New York Times) reports that Lebanon's Prime Minister Fouad Siniora followed "in the footsteps of King AbdullahII of Jordan" by visiting Baghdad yesterday where he held a joint-press conference with Nouri al-Maliki "about an agreement to export oil to Lebanon." China's Xinhua quotes Sinora stating that "we advise the Arab leaders that Iraq should return to the Arab group. The return of Iraq is an essential goal." CNN adds: " Saad Hariri, the leader of Lebanon's parliamentary majority, visited Iraq last month. Lebanon named an ambassador to Iraq two years ago, but he died, and a replacement has not yet been chosen. There is an Iraqi Embassy in Beirut, the capital of Lebanon." And Dexy's back in Iraq. And apparently hasn't learned a damn thing while gone as he rushes to write a 'peace in the valley' piece for the New York Times today. In some sort of a Karmic Smackdown, his fluff runs the same day the paper editorializes "Afghanistan On Fire" (A22) which should serve to remind everyone that Kandahar is where the puppet of Afghanistan can semi-freely roam and the Green Zone in Baghdad is where the puppet of Iraq can semi-freely roam. There is no peace in either country. Turning to some of today's reported violence . . .
Bombings?
Laith Hammoudi (McClatchy Newspapers) reports a Baghdad car bombing that claimed 1 life and left four more people wounded and a Baghdad "sound bomb" resulted in three people being injured.
Shootings?
Laith Hammoudi (McClatchy Newspapers) reports Maj Gen Ahmed Rasheed ("director of the government office that issues identification cards") was shot in Baghdad today and is "injured seriously," in another Baghdad shooting 1 person was killed and another wounded and, in seperate incidents, 2 police officers were shot dead in Mosul.
Corpses?
Laith Hammoudi (McClatchy Newspapers) reports 2 corpses discovered in Baghdad and 1 headless corpse discovered in Mosul. Reuters notes 2 more corpses were discovered in Mosul.
In the US, Congressional opponent of the Iraq War Stephanie Tubbs Jones is dead. Tubbs Jones was a courageous member of the House who stood up for the voters and for the vote in January 2005 (along with US Senator Barbara Boxer). The New York Times had long ridiculed questions of voter fraud in the 2000 and 2004 elections. Tubbs Jones and Boxer's stand meant the press had to take it a little more seriously. Stephanie Tubbs Jones was a judge, a prosecutor and, following the November 1998 elections, a member of the House of Representatives. The Clintons -- Bill, Hillary and Chelsea -- issued the following joint-statement:
There are few words to express the shock we feel at this time our deepest condolences are with Stephanie's son, Mervyn, her family, and her many loved ones, friends, and supporters. Stephanie's friendship meant the world to us, a friendship that deepened through every trial and challenge. We could always count on her to be a shoulder on which to lean, an ear to bend, a voice to reassure. Over the course of many years, with many ups and many downs, Stephanie was right by our side -- unwavering, indefatigable. It was that fighting spirit -- safely stowed behind her disarming smile, backed by so much integrity and fiery intelligence -- that allowed Stephanie to rise from modest beginings, to succeed in public service, to become a one-woman force for progress in our country. All of us who were lucky to know her and love her can only hope now to live like her -- to be as passionate, loyal, hard charging, and joyful in life's pursuits. Stephanie was one of a kind. We will miss our friend always.
Stephanie Tubbs Jones was a strong foe against the Iraq War so her passing is included for that reason. There are many other reasons. As 2005 community members will recall, there's the White Man who refused to highlight Tubbs Jones' continued work on the Ohio vote and dismissed it (and her) in what we will just call here 'far from left' comments. No, we don't link to that trash. Among the many other reasons to note Stephanie Tubbs Jones' passing is Ruth Conniff. Apparenly Ruth's unaware that Stephanie Tubbs Jones was a friend of and super delegate for Hillary. When she does find out, she will, no doubt embarrass herself again -- as she did earlier this month by using the murder of Bill Gwatney -- a friend of Bill and Hillary's -- as an excuse to trash the Clintons. A man was shot dead in Arkansas and, for Ruth Conniff, his friendship with the Clintons provided her the perfect opportunity to scribble some more garbage attacking them. How proud she must be so have sunk so far into the gutter. Kat called Conniff out here.
Turning to the US presidential race, independent candidate Ralph Nader is providing audio commentaries at Ralph's Daily Audio and the one below is "Debates Declaration:"
This is Ralph Nader. The two major parties -- Republican and Democratic Parties -- and their candidates seem to want to ration debates in this country. Why do we allow presidential debates to be rationed?
We don't allow weather reports to be rationed, entertainment to be rationed, sporting events to be rationed. But when it comes to the future of our country and it's place in the world, when it comes to the livelihoods and the necessities of the American people, we're left with three debates, so-called, in the fall with only Barack Obama and John McCain on the stage. Their own debate commission/corporation ensures that no one else on the stage and they're really not debates, they're like parallel interviews.
So we want people to open up the debates and to support the following declaration:
"We call for opening up the debates. The scope of discussion must be as broad and deep as the serious challenges we face as a nation. We agree that vibrant debate is the heart beat of our democracy and our First Amendment especially during an election year. We recognize that smaller third parties and independents have traditionally played a vital role in our democracy including leading the charge for the abolition of slavery, the women's right to vote and economic justice for workers and farmers. We support opening up the debates beyond the two parties and the so-called Commission on Presidential Debates -- which is a private corporation, co-chaired by former chairman of the Republican and Democratic Parties -- it's time for our presidential debates to once again be hosted by truly non-partisan, civic minded associations."
If you support this declaration, let's hear from you.
iraq
jeremy hinzman
tim richard
camilo mejia
jonathan s. landay
mcclatchy newspapers
stephen farrell
the new york times
thom shanker
campbell robertson
james glanz
the washington post
bill delahunt
rosa delauro
deborah haynes
dexter filkins
like maria said paz
kats korner
sex and politics and screeds and attitude
trinas kitchen
the daily jot
cedrics big mix
mikey likes it
thomas friedman is a great man
ruths report
sickofitradlz