Sunday, March 24, 2013

The Psycho-Babbling of Michele Bachmann: ACA “kills” women and children and seniors… huh?


I am quite sure that portion of the fringy "mental health" community still firmly embedded in the thinking of the  1970's-1980's will be taken aback with my use of the terminology, “psychobabble”- a term for the verbal bullshit tinged with misused psychotherapy and psychological buzzwords emanating from con men and women (Werner Hans Erhard, nee John Paul Rosenberg,  of EST; the surviving L. Ron Hubbard family's Dianetics,  along with their “adoptees” from Cruz to Stallone to Travolta of Scientology; the bastardized  "rebirthing" and con game "past-life regressors") out to fleece the unsuspecting naive and all-too-often those truly in need of help; the unknowledgeable and uneducated who have heard a term and worked it into their lingo in order to sound “hip”; or “para-professionals” (another 1980’s creation) who were given the keys to psych wards across America in the “de-warehousing” or "de-institutionalization" (another psycho-babble term) that was no more than a justification to privatize and gut any treatment services offered to citizens resulting in throwing chronic long term patients into the street without a support system (creating much of what is now the homeless population), dumping low functioning or non-functional individuals onto families ill-equipped to care for them,  replacing professional staff with minimum wage, untrained, somewhat human fillers to meet legal requirements for institutional  care.

“Psycho-Babble” has grown up and gone mainstream.  Terminology  from “psychopath” to “sociopath” to  “psychotic” and even “projection” , “denial,” “defense mechanism”  and “identification” are thrown around in the Halls of Congress to describe anyone that may disagree with an idea or  to demonize an individual or group.  Circular logic tinged with just enough old time psycho-babble is used to justify fear, angst and anger – new words with a psycho-twist from “Islamophobia” to “Sharia-phobia”   - many used as an excuse to justify new legislation.

“Psycho-Babble” .....

What  better term for the bullshit espoused by the  inflated, self-perpetuating industry of “quick fix” and “sure-cure” (more 70’s-80’s terminology  for trendy techniques used to separate those in pain from their cash) promoted by politicians proving to be separating those in need from actual assistance and those hard workers from their financial security?

What better term for the bloviating from members of  the Wall Street and C Street  subsidiary called Congress, especially those most ardent and adamant promoters of the protracted war on the poor and middle class, the GOP?

What better term for the over-the-top ignorance espoused by the "fringiest" of extremists promoted to mouthpiece for the debased base to whom they pander (eg, Gohmert, Ryan, Paul I - the elderly self-absorbed - and Paul II -the younger like-kind but with a marmoset atop his head)?

The rantings of circular logic and attacks mixed with just enough buzzwords to sound “knowledgeable” and caring used to justify one's own, often baseless ideology and self-made reality is exactly that...


Michele Bachmann has become the posterchild for Psycho-babble.  With every speech and appearance, she demands a new call for some fear driven "investigation" or legislation - whether it is channeling her inner Frank Gaffney, in a letter writing campaign calling for investigation of the  'Muslim Brotherhood" that has "infiltrated" the government. (Letter to Inspector General Office of the Director of National Intelligence).  (Even Boehner and McCain thought this to be dangerous and over the top), or  calls for a "media investigation" of the "Anti-American activities of liberals,"  and who can possibly forget the continuation of the Palin "death panels"  meme (that is now being channeled once again)...........  

Michelle epitomizes Psycho-babbling.

In her latest, this week, as the Paul Ryan "Budget" (or plan for repealing Affordable Care Act, ACA,  for the 36th time - a tremendous waste of taxpayer funds -  and call for shredding the social safety net) came to the floor of the House of Representatives for a vote, Michelle, in her usual emotion driven, uneducated and false delusion makes her appeal ............

 The  American people, especially vulnerable women, vulnerable children, vulnerable senior citizens, now get to pay more and they get less. That’s why we’re here, because we’re saying let’s repeal this failure before it literally kills women, kills children, kills senior citizens. Let’s not do that. Let’s love people. Let’s care about people.

Michele, as usual, needs a little fact-checking and confrontation with the real world:

1. March, 2012, 22 covered preventive services for women, (including pregnant women, a group denied coverage under many medical plans) previously not covered or covered only by added premium on a separate rider, are now covered without additional cost.

2. January 2011, ACA , assisted seniors by making changes to Medicare Part D and the donut-hole or gap (Part D covers allowable costs for medication and drugs).  Under the original, Bush plan for Medicare Part D, the plans only covered to a certain dollar amount paid out by the plan or to a gap. The plan would  stop covering the cost of medication up to and until the senior pays, out of pocket, the full cost for medications up to the next tier or  the other side of the gap at which coverage kicks back in.  The  original plan would drive seniors completely out of the plans - poor and middle class seniors on little or fixed incomes would have to make a choice - food vs medication, a roof over their head vs. medication. Under AHA, seniors now automatically get a 50% discount on covered brand-name drugs, 7% discount on generic drugs, and these percentages change for the better every year until 2020 - in other words, assisting seniors to survive.

3. And for children, ACA extends funding for CHIP (Children's Health Insurance Program).

Three facts for Michelle and the GOP that will never be admitted into the seldom-right-but-always-certain diatribe perpetuating the war on the poor and middle class..................

More psycho-babbling

***Special thanks to Rock Cosmos
****Cross post from FreakOutNation - Thanks Anomaly100

Sunday, March 10, 2013

Too big to Jail? I don’t think so – Elizabeth Warren takes the case to Washington

The Tower of Babel

The crash of 2008 was just the latest and bloodiest battle in war raged on the American Middle Class brought on by Ronald Reagan and his neo-liberal/neo-con cohorts.  In that wake, emerged a powerhouse named Elizabeth Warren.

Not satisfied by their slowly growing coffers, the neo-liberals of Wall Street with their growing marketing arm on K Street decided, not only,  to steal the goose laying golden eggs, but also, to eat it for supper.  Once that feast began, the buy off of government and the buy out of America began in earnest.

Corruption is nothing new to Wall Street nor is it new to Washington, DC.  After a few successful tries at the legalized theft and con game created by the deregulation of the mortgage industry in the 70's (enter the Sub-Prime Mortgage), Wall Street (with the help of their MSM) delivered their first full Neo-Liberal/Neo-Conservative president - one Ronald Reagan.

Reagan was the man named "god" by the GOP and many followers who brought the psychosis called "trickle-down" and "supply side economics" to America, allowed the warning signs of the sub-prime mortgage market and privatization of lending to be ignored and that behavior carried through Bush 1, Clinton, and Bush 2.  The most publicized of those warnings were the national S&L debacle and the Silverado scam with hedonist Neil Bush (yes, the SAME Bush family that brought us Prescott and the support of the NAZI German war effort in the 30's; GHWB,  CIA director using his position to manipulate government and cover-up Nixon to Cheney as well as Iran-Contra;  Jeb, a charter member of the Project for a New American Century neo-cons, manipulator of religious zealots and "pro-lifers",  wanting national attention and big headlines, as he jumped out of his legal purview as governor, merging religion with government, using a woman in permanent vegetative state, a brain liquifying, on full life support as his national calling card; and GW, SCOTUS installed president, arrogant bully,  liar to congress and the People, torturer and war criminal.

Even today, people still try to justify the mess created by the Reaganites as they claim "regulation" created the mess.

The corruption in  the mortgage and lending industry grew with a mass conning of everyone (not just citizens) into believing it is  "the right of everyone in America to own a home."   The purpose?  To fleece unsuspecting, uneducated and sometimes, willfully ignorant and deluded citizens of everything for which they worked.
Legislation introduced regularly from the 1980's through 1999 assured our downfall.  From the Business Law Journal, 2007, "THE SUBPRIME LENDING INDUSTRY: AN INDUSTRY IN CRISIS"

...1980, Congress adopted the Depository Institutions Deregulation and Monetary Control Act (“DIDMCA”). DIDMCA helped the Savings and Loan (“S&L”) industry stay competitive with nonfederally chartered banks where consumers received higher rates of return (Howell, 2006). DIDMCA also enabled the S&Ls to recoup the higher interest rates they were paying by allowing them to preempt state usury laws for loans to consumers secured by first liens on their homes (Howell, 2006).

In 1982, deregulation continued with the passage of the Alternative Mortgage Transaction Parity Act which extended federal mortgage-lending regulations to most residential loans, including the permitted use of variable interest and balloon payments (Howell, 2006).

These laws opened the door for the development of a subprime market, but subprime lending would not become a viable large-scale lending alternative until the passage of the Tax Reform Act of 1986 (“TRA”) (Chomsisengphet and Pennington-Cross, 2006). The TRA increased the demand for mortgage debt because it prohibited the deduction of interest on consumer loans, yet allowed interest deductions on mortgages for a primary residence as well as one additional home (Chomsisengphet and Pennington-Cross, 2006). Next, the Financial Institutions Reform Act of 1989 (“FIRREA”) addressed the costly S&L failures of the 1980s and created incentives for S&Ls to operate as thinly capitalized mortgage brokers relying on the secondary market for loans (Howell, 2006). Finally in 1999, Congress passed the Gramm-Leach-Bliley Act permitting financial service providers to merge with insurers (Howell, 2006). Thus, banking deregulation enabled lenders to offer more varied loan products, which were attractive to more varied consumers, and further gave incentives for more lenders to enter the market.

Those "varied" loan products were written and produced so rapidly and with so little oversight, that even the lenders and mortgage brokers couldn't comprehend them.  That didn't matter, they knew they would never be held responsible as they placed the loan then sold it out the back door within minutes of closing; or they brokered the deal and left it for the lender (FNMA, FreddyMac or bank) to sort out; and those banks or money lenders sold those loans over and over and over and over, bundled them, chopped them up, insured against them and set them up to fail all under the nose of the FDIC, SEC and the federal government.

And then there is HSBC - a prime example of the big banks' entrenched hubris and greed in the US and UK.

Caught in a money laundering scheme that funded cartel drug deals, terror and dealt death as they funded and funneled money from Mexico, Iran, Saudi Arabia and Syria...HSBC's U.S. division provided money and banking services that is thought to have assisted and funded al-Qaida and other terrorist groups; ran around the US ban against financial transactions with Iran and other nations with which transactions have been ceased; laundered Mexican drug cartel money from 2002 through 2009; and ignored complaints and reports given by employees trying to warn of the practices for years...but they apologized and struck a sweetheart deal with Holder, so I guess it is all better now.

In Japan, CEOs and Bank presidents caught manipulating power, bribing government officials and stealing from the people have committed suicide; In China they would be given a death sentence; In America they are given bonuses from "bail out" funds paid out of the taxes on the people.

In 2008, after the fall of the house of cards creating the Tower of Babel called the US Economy, Elizabeth Warren,  Harvard Law School professor specializing in bankruptcy law was appointed to chair of the Congressional Oversight Panel created to oversee the Troubled Asset Relief Program (TARP).  Warren came to the public's attention as chairperson for that oversight panel and the work she did setting up the newly formed  U.S. Consumer Financial Protection Bureau, in 2011.

When Obama proposed Ms. Warren for Director of that Bureau, all manner of  kvetching, screeching and gnashing of teeth ensued, led by the kings of corporatist whoredom...The GOP members of the senate.
With the usual lack of balls or bravery exhibited by the appeasing Obama Administration on issues of corporate criminality and oversight, Warren was replaced (but even that wasn't good enough for the banksters pulling GOP strings but I digress)

Elizabeth Warren, advocate for the Middle Class, wasn't deterred.  Today, Elizabeth Warren is a force in Congress - a voice that will not sit idly by, even for the Obama Administration's minions....

When Holder, the judge who came to his confirmation hearings claiming liberal ideals and a fire for going after corruption (but proving to be little more than a supporter of corporate malfeasance while becoming a prosecutor of free thought and enemy of transparency and accountability), claimed that "Banks are too big to jail"....

...and when administration minions scramble for excuses to justify their inaction on blatant criminal behavior on the part of banks (eg, HSBC money laundering for Drug cartels)...

Warren takes no prisoners...

 Cross-posted from "FreakOutNation"