Banks financing Mexico drug gangs admitted in Wells Fargo Deal

The corruption and rot is at the core of our financial system. Large US banks are funneling money to Mexico drug cartels. But there are no criminal prosecutions, just civil. Do we still have rule of law here or is our legal and financial system as compromised as in Mexico?

Wachovia, it turns out, had [...]

Mexico drug war violence

U.S. military advisers in Mexico are training forces there in counterinsurgency tactics.

Drug violence in Mexico claims 20 over the weekend, including a singer who sang about narco-trafficers.

PRI gubernatorial candidate assassinated in Tamaulipas, ambushed by gunmen in a convoy of seven trucks. 4 others were also killed.

The drug cartels in Mexico have reached [...]

Thought for the day

In AZ, if an officer comes to you and says “papers” respond with “scissors, I win!” and you should be okay. Who knew THAT was the password.

California’s other $20 billion budget deficit

The California budget deficit meets the unemployment insurance deficit

Unbelievably, California is not only facing a $20 billion deficit for the 2010-2011 budget, the state Employment Development Department just forecasted a $20 billion deficit in the Unemployment Insurance Fund by the end of 2011, up from $6.2 billion in 2009.

The official unemployment [...]

Further proof that legalization of marijuana is coming

Wall Street and hedge funds are getting interested

A spokesman for the National Organization for the Reform of Marijuana Laws says hedge fund investors and an assortment of financial service firms are starting to call around to sniff out opportunities.

Supreme Court rules big-time in favor of gun rights

They said the constitutional right to bear arms overrides state and local laws banning them, adding that “reasonable” gun control laws could be enacted.

The suit was filed by a Chicago resident who wanted a handgun as protection from gangs, something disallowed by Chicago laws banning handguns even in homes.

Socialists march in Detroit

Bruce Sterling comments in his usual acerbic yet insightful manner on U.S. Social Forum in Detroit as reported by Amy Goodman. The comments inside triple parentheses are his, the rest is hers.

Far larger than any tea party convention, it has gotten very little mainstream-media coverage.

Not a tightly scripted, staged political convention, or a [...]

Afghanistan war. ‘We’re f’ing losing this thing.’

From Brave New Films listserv. Full info on their Facebook Rethink Afghanistan page.

With all the drama around General McChrystal’s resignation, the media missed the real story in the explosive Rolling Stone article:

“…[W]e’re f****ing losing this thing.” –Staff Sergeant Kennith Hicks

Administration officials are frantically trying to reassure Congress and the [...]

Five Blind Boys Of Alabama. Look Where He Brought Me From

The Blind Boys of Alabama been called a national treasure, and justifiably so. The three original singers and the drummer are blind and have been performing together since 1939 when the group was formed at the Alabama Institute for the Negro Blind in Talladega.

Washington State Democratic Party endorses marijuana legalization

Legalization is coming, folks. California already has a ballot initiative to legalize marijuana and in some places, like Boulder CO and Humboldt County CA, it already is virtually legal.

So, what will the feds do when states legalize it? Send in the Marines?

Check those who scream the loudest against legalization, might be they [...]