Today's Stories

June 12-14, 2009

Mike Whitney
Bernanke's Next Parlor Trick

June 11, 2009

Kathy Kelly /
Dan Pearson
Down and Out in Shah Mansoor: With the Swat Refugees

James Bovard
The Latest Torture Cover-Up Scam

Tristan de Bourbon
The Toy Makers of Chenghai: the Financial Crisis Seen From China

Dave Lindorff
The Wheels are Coming Off the Recovery Program

Kevin Zeese
The Case for Disbarment of the Torture Lawyers

Ralph Nader
The Craft of Sam Maloof: a Visionary Woodworker

Harvey Wasserman
The GOP's Trillion Dollar Reactor Plan Goes Radioactive

Nicole Colson
The Anti-Abortion Movement's Climate of Violence

Mark Weisbrot
Showdown Over the IMF

Dan Bacher
Big Water's Big Lie Unravels

Website of the Day
Top 10 Most Absurd TIME Covers

June 10, 2009

Ismael Hossein-Zadeh
Obama's Doublespeak on Iran

Jennifer Van Bergen / Douglas Valentine
The Dangerous World of Indefinite Detentions: From Vietnam to Abu Ghraib

Kathy Kelly
Visitors and Hosts in Pakistan

Paul Craig Roberts
Fear Rules

Rev. William E. Alberts
First the Torture of Truth ...

Peter Lee
Obama and North Korea: a Warm-Up in the Offing?

Carol Miller
Why We Need a Holistic, Cradle-to-the-Grave National Health Care System

Emily Ratner
Dreams of Flight in Gaza

Robert Weissman
The IMF's Accountability Moment

Dave Lindorff
The Sutra of the Crushed Volvo

Website of the Day
Starving in Gitmo

June 9, 2009

Winslow T. Wheeler
Back From the Dead: Pentagon Pork!

Mike Whitney
Is Hyper-Inflation Around the Corner?

Stan Cox
Biofuel's Drug Problem

Sibel Edmonds
The Battle Against the State Secrets Privilege

Jonathan Cook
Where the Victim is the Guilty Party

David Macaray
A Bad Time for Unions

Robert Jensen
In South Africa, Apartheid is Dead, But White Supremacy Lingers On

Nadia Hijab
The Obama Difference

Mark Weisbrot
Vulture Funds Descend on Argentina

Website of the Day
Waging Non-Violence

June 8, 2009

John Ross
Mexico: Politics as Drugs / Drugs as Politics

Paul Wright
Deconstructing Gus: How a Former Prisoner Took On and Took Down Corrections Corporation of America's Top Lawyer (and Cheney Pal)

Paul Craig Roberts
Long-Term Economic Memory Loss

Franklin C. Spinney
"Natural Growth:" Israel's Demographic Hogwash

Franklin Lamb
Lebanon's Elections: Return to the Status Quo

Uri Avnery
The Tone and the Music

Jonathan Cook
Israeli Loyalty Oaths

Eric Toussaint
/ Damien Millet
The Partisans of Capitalism Have Lost All Credibility

Jim Goodman
The Dairy Oligarchy

Norman Solomon
Words and War

Reza Fiyouzat
When Accusations Fly: the Spectacle of the Iranian Elections

Website of the Day
Latino Jobless Rate Soars

June 5 -7, 200

Alexander Cockburn
High Words, Low Truths

George Galloway
Our Convoy to Gaza

Paul Craig Roberts
Obama in Cairo

Jennifer Loewenstein
How Much Really Separates Obama and Netanyahu?

Franklin Lamb
Watching Obama's Speech in Lebanon

Mike Whitney
The Biggest Rip Off Ever?

Andy Worthington
Death at Guantánamo

Missy Comley Beattie
Peace Be Upon You?

Farzana Versey
Walk Like an Egyptian: the Oprahfication of Obama

Stanley Heller
Obama's Non-Starter

John V. Whitbeck
Nothing Comes From Nothing

Robert Weissman
GM: the Path Not Taken

Lee Sustar
The Fall of GM: Why Workers Will Pay the Price

Dave Lindorff
What a State-Run GM Could Do

William Blum
The Great, International, Truly Demonic Iran Threat

Ernest Callenbach /
Harvey Wasserman
A Green-Powered Trip Through Ecotopia

Greg Moses
By George! Austin Leads the National Recovery

Ron Jacobs
The Meaning of Yasser Arafat

David Yearsley
Art Set in Concrete:
the Desolate Urban Landscape of High Culture

Tim Stelloh
Pot Home Invasions: Bud and Blow Torches

Belén Fernández
The Joksters: Obama and Thomas Friedman

David Ker Thomson
The Academics

Karyn Strickler
Clean Coal: a Dirty Joke

Christopher Brauchli
Judicial Amnesia and the Federalist Society

Charles R. Larson
Leaving Tangier: Exile and Exploitation

Kim Nicolini
"Hunger:" Art With a Punch

Lorenzo Wolff
Good Head (Or Why the End of Hand-Crafted Music Isn't (Necessarily) the End of Music)

Poets' Basement
Jenkins, Orloski and Willson

Website of the Weekend
Tankman

June 4, 2009

Arno J. Mayer
The Future of Israel and the Decline of the American Empire

Mike Whitney
Bond Market Blowout

Gareth Porter
Report Ties Dubious Iran Nuke Documents to Israel

Ayesha Ijaz Khan
Clearing Misconceptions on Pakistan's War in Swat

Mouin Rabbani
Paradigmatic Progress?

Jordan Flaherty
Life in Gaza

Adam Turl
Is Card Check Dead?

Nikolas Kozloff
Iran's Elections: the Latin America Factor

Yifat Susskind
Obama's Double Standard

Website of the Day
Pink Floyd's Roger Waters Slams Israel

June 3, 2009

Paul Craig Roberts
As the Dollar Falls Off the Cliff...

Kathy Kelly
A Weaver's Welcome to Pakistan

Alan Farago
Bailing Out the Land Speculators

Franklin Lamb
Israeli Spies and Fake IDs

Bill Hatch
Why Congressman Cardoza Stiffed Michelle Obama

Nadia Hijab
A Stifling Embrace

Dean Baker
Reporters With Pom-Poms: Cheerleading the Recovery

Binoy Kampmark
Whither GM?

Manuel Garcia, Jr.
What Happened to Air France Flight 477?

Remi Kanazi
Oslo Redux?

Behzad Yaghmaian
The End of Idealism in China?

Website of the Day
A Time Comes: the Story of the KingsNorth Six

June 2, 2009

Uri Avnery
Racists for Democracy

Robert Weissman
Bankrupt Thinking

Conn Hallinan
Shadow Wars

Gideon Spiro
Obama and Israel's Nuclear Arsenal

Roger Burbach
US-Cuba Policy: "Still Stuck in the Past"

Dylan Quigley
My Experience with Dr. Tiller

Dave Lindorff
The American Taliban Claim Another Victim

Ray McGovern
Navy Vet Honored, Foiled Israeli Attack

Belén Fernández
Israel's Newfound Concern for UNIFIL

Martha Rosenberg
Give It Up, Wyeth

Willie L. Pelote, Sr.
GOP: California's for the Rich (Poor People Should Move)

Website of the Day
You Bet Your Health

June 1, 2009

Pam Martens
Wall Street Braces for New Cops on the Beat

Yitzhak Laor
Washington's Mirror

Mark Weisbrot
More Stimulus, Not Deficit Reduction

Ramzy Baroud
Netanyahu's New Quest

Saul Landau
Dancing the Afghan Jig

Eugenia Tsao
Smug Toronto Seethes as Tamils "Go Too Far"

Afshin Rattansi
Women in Darfur: "We Saw No Evidence of Genocide"

Debra Sweet
The Murder of Dr. Tiller

Abdul Malik Mujahid
Obama's Trip Egypt and American Muslims

Bill Quigley
Haiti's Revolutionary Priest Gerard Jean-Juste: Presente!

John Wright
The Tragedy of Susan Boyle

Website of the Day
Young Neo Con Anthem

May 29-31, 2009

Alexander Cockburn
Sotomayor and the Last of the WASPs

Patrick Cockburn
Iraq: The Mother of All Corruption Scandals

Vijay Prashad
Reeling Republicans

Gary Leupp
The Destabilization of Pakistan

Ray McGovern
The Impossible Rehab of Colin Powell

Rannie Amiri
Spies, Lies and Mr. Lebanon's Demise

Bill Hatch
The Mechanic's Tale: a Short Chapter in the History of Foreclosures

Chellis Glendinning, Stephanie Mills and Kirkpatrick Sale
Three Luddites Talking ... on a Computer!

Phyllis Pollack
Dosed, But Not Spiked: an Interview with Grace Slick

David Yearsley
Eros and Susan Boyle; Fakery and Simon Cowell

Jean-Christophe Servant
A River of Acid: Mined Out in Zambia

Dave Lindorff
Sotomayor's Problem Isn't That She's Too Latina

James McEnteer
Straw Dogs: the Media and Sonia Sotomayor

Missy Beattie
A Place Called Despair

James C. Faris
On Evolution: a Critique of Darwinism

David Macaray
When Workers' Rights Go Unenforced

Harvey Wasserman
The Catastrophic Economics of Nuclear Power

Adam Federman
Drilling the Marcellus Shale Through the Halliburton Loophole

David Ker Thomson
Turtle Island: Adventures in Recycling

Mark Seth Lender
Great Egrets Return

Stephen Martin
Big Trouble in Little Britain

Joseph Nevins
Sin Nombre is Only Part of the Border Story

Sophia Mihic
Star Trek and the Continuing Mission of American Imperialism

Lorenzo Wolff
Dylan Kelehan Gets What He Needs

Poets' Basement
Fleming, Shields and Greer

Website of the Weekend
Petition: Grant Parole to Leonard Peltier

May 28, 2009

Joan Roelofs
The Philanthropies and the Economic Crisis

Paul Craig Roberts
Torture and the American Conscience

Ralph Nader
Corporate Frankensteins

Mouin Rabbani
The Dangers of False Optimism in the Middle East

Joe Bageant
Plain Truths From Appalachia: a Redneck View of Obamarama

James McEnteer
America Held Hostage

Dedrick Muhammad
Obama and the Harsh Racial Reality

Richard Morse
On Speaking Out in Haiti

David Macaray
Have We Turned Into Sheep?

Harvey Wasserman
The 8 Green Steps to Solartopia

Website of the Day
Col. Peters: Just Kill the Gitmo Detainees

May 27, 2009

Joanne Mariner
Military Commissions, Round Three

Paul Craig Roberts
Doublespeak on North Korea

Walden Bello
Can China Save the World From Depression?

Dave Lindorff
Recidivism and Guantánamo

Brian M. Downing
Along the Durand Line

Carlos Villarreal
Separate But Equal Just Fine in California?

Nadia Hijab
Israel's Next Move: Armageddon Now?

Adam Federman
The PCBs of the Hudson River

Laray Polk
RadWaste and Texas' Future

Isabella Kenfield
The Fall of a Brazilian Financier

David Michael Green
Overcoming the Poverty of Ambition

Website of the Day
The Case Against Shell

May 26, 2009

Manuel Garcia, Jr.
Fearful Pride: North Korea's Second Nuclear Test

Mike Whitney
The Next Leg Down: When Deflation Becomes Entrenched

Sharon Smith
Obama and Abortion Rights: What We Learned at Notre Dame

Marjorie Cohn
The Gitmo Appeasment Plan: Obama Buckles on the Constitution

Dean Baker
Waterboard the Fed

Deepankar Basu
Was the Indian Election a Debacle for the Left? If So, Why?

Fred Gardner
The Vindication of Sgt. Northcutt

Jordan Flaherty
New Orleans for Sale

Josh Ruebner
Rethinking the Costs of Peace

Brian Cloughley
The Man Who Murdered Count Foulke Bernadotte

Website of the Day
The Montana Town That Wants to Become the New Gitmo

May 25, 2009

Diane Christian
Looking at Torture

John Ross
Mexico's Shock Doctrine

Kenneth Hartman
The Trouble With Prison

Uri Avnery
Netanyahu Goes to Washington

Fred Gardner
"War on Pot" Overrides "Support Our Troops": the Punishment of Sgt. Northcutt

Cindy Sheehan
Day of the Dead

Sen. Russell Feingold
Prolonged Detention and the Rule of Law: a Letter to Barack Obama

Sibel Edmonds
Two Sides of the Same Coin: From State Secrets to War to Wiretaps

Franklin Lamb
Der Spiegel Tries Again

Dave Lindorff
Memorial Day in the Land of the Weak and Wussy

Daniel Wolff
Learning to Read in the Pacific Northwest

Website of the Day
Decoration Day

May 22-24, 2009

Alexander Cockburn
How Long Does It Take?

Michael Teitelman
Obama, Torture and John Walker Lindh

Mike Whitney
Credit Default Swaps: the Poison in the System

Ray McGovern
Cheney Breaks the Taboo: Support for Israel Feeds Terrorism

Sonia Cardenas /
Andrew Flibbert
Why We Love to Hate Pirates

Clive Hamilton
Biblical Prophesy and the Iraq War: Bush, God, Iraq and Gog

Conn Hallinan
Swine Flu Fallout

Fred Gardner
Sgt. Northcutt's Homecoming

Carlo Cristofori
The Latest AfPak War

Dean Baker
A Friendly Financial Intervention

Rannie Amiri
King Abdullah's 57-State Solution

Andy Worthington
A Message to Obama: No Military Commissions; No Preventive Detentions

David Macaray
Democrats Betray Labor: Card Check is Pronouced Dead

Nadia Hijab
What Kind of State?

Franklin Lamb
How Not to Win Votes for Team USA

Ted Newcomen
The Forgotten Casualties

David Ker Thomson
Joy (Or How Hope, the Thing With Feathers, Gets Plucked)

David Rosen
Porn Wars

Mark Weisbrot
Climate Change and Intellectual Property Rights?

Robert Fantina
Gitmo, Democrats and Business as Usual

Heather Gray
Some Positive Directions in Public Health?

Farzana Versey
The Myth of Manmohan Singh

Chris Genovali
A Paler Shade of Green

Ron Jacobs
His Terrible Swift Sword: the Legacy of John Brown

Jay Diamond
Why the Left Should Cheer Hannity and Limbaugh

Dr. Susan Block
The Binds That Bond

Ben Sonnenberg
"Ballast": An Endlessness of Almost Ending

David Yearsley
Handel's Ghost ... Again

Lorenzo Wolff
My Problem with Led Zeppelin

Poets' Basement
Corseri and Bohm

Website of the Weekend
Bob Graham's CIA Notebooks

May 21, 2009

Jeffrey St. Clair /
Joshua Frank
The Politics of Bait-and-Switch: Obama and the Environment

Paul Craig Roberts
Morphing Dick Cheney

Chris Floyd
In Defense of George W. Bush

Gerald Paoli
Inside Iraqi Kurdistan: Life and Death in the Qandil Mountains

Zach Mason
Something's Gotta Give: Obama and the Hustler

Uri Avnery
A Quarrel on the Titanic

Andy Worthington
Out of Guantánamo

Niranjan Ramakrishnan
India: Two Funerals and a Wedding

Norman Solomon
The Afghanistan Escalation

Dave Lindorff
A Corporate Crime Wave of Labor Law Violations

Website of the Day
Swine Flu: The Panic That Wasn't

May 20, 2009

Michael Hudson
The Toll Booth Economy

Gary Leupp
Courting Hekmatyar: Obama and the Warlord

Michael D. Yates
Work is Hell

Jonathan Cook
Netanyahu Adviser Steps Out of the Shadows

Peter Lee
The World Doesn't Have a Pakistan Nukes Problem ... It Has a David Albright Problem

Binoy Kampmark
The End of the Tamil Tigers?

Peter Zinn
Eulogizing Lawyers

William Loren Katz
Tortured Reasoning; Tortured Results

Gary Lapon
Why Women Need Single Payer

Trudy Bond
Torture, Shrinks and a Groundhog's Day Moment

Website of the Day
Meet the Climate Change Lobby

May 19, 2009

Kristoffer Rehder
Check Point Iraq: a Soldier's Tale

Mike Whitney
The Real Lesson of the Financial Crisis

Ray McGovern
How Colin Powell Got Duped by the CIA

Vijay Prashad
The Indian Elections: a Game Changer?

Mirjam Hadar Meerschwam
Intimidation and Interrogation in Tel Aviv

Mustafa Barghouthi
Is Obama Up to the Challenge of Dealing with Netanyahu?

Andy Worthington
Gitmo: A Prison Built on Lies

Binoy Kampmark
Britain's Speaker Crisis

John Walsh
John Kerry vs. Single-Payer

David Macaray
Alcohol as Metaphor: Zero Tolerance in the Workplace

Website of the Day
So You Think That Veggie Burger is Organic...

May 18, 2009

Dave Lindorff
The US is Using White Phosporous in Afghanistan

Abdul Malik Mujahid
Thirty Years of Tragedy in Afghanistan

Jonathan Cook
How Many Secret Prisons Does Israel Have?

Ben Rosenfeld
Police Violence: How Many Kicks to the Head Does It Take?

Patrick Cockburn
These Killings Will Only Strengthen the Taliban

Ralph Nader
They Want It All: New Tricks From the Old Energy Lobby

Stephen Soldz
Psychologist Bryce Lefever Clarifies Defense of Torture

Eugenia Tsao
On the Devaluation of Labor

Walter Brasch
Cheney's Magical Mystery Media Tour

Roberto Rodriguez
War and Torture

Charlotte Laws
Politics and American Idol

Website of the Day
Disbar the Torture Lawyers

May 15-17, 2009

Alexander Cockburn
King of the Hate Business

Jeffrey St. Clair
The Case of the Missing H-Bomb

David Rosen
Sexual Torture: What is Acknowledged and What Remains Unknown

Mike Whitney
From My Lai to Bala Baluk: Obama Picks Up Where Bush Left Off

Bruce Page
A Real History of Rupert Murdoch

Jeremy Scahill
The Black Shirts of Guantánamo

Fred Gardner
Tortured Reasoning: Judge Bybee Rules Against Brian Epis

Tom Barry
Fighting the Drug War at Homeland Security

Mats Svensson
On the Beach in Tel Aviv

Ramzy Baroud
The Drones Are Coming

Mark Engler
Science Fiction From Below

Mark Weisbrot
Stealth Move by IMF to Get $100 Billion Without Congressional Debate

Farzana Versey
Of Scapegoats and Separatists

Ron Jacobs
It's Up to You to Save Troy Davis

Hannah Wolfe
What to Tell the Children

Cal Winslow
Fresno, the New Ground Zero in the Battle Between the SEIU and NUHW

David Macaray
Labor Needs a Southern Strategy

Christopher Brauchli
Involuntary Baptism

Mark Seth Lender
The Lion Tamer's Story

Robert Fantina
Lapel Pins, Arugula and Mustard

David Ker Thomson
Last Man Walking

Stephen Martin
Lipstick Nightmare for Spin Merchant

Charles R. Larson
Double Exile

Chase Madar
"Angels & Demons" and the Extraordinary Power of Imaginary Heretics

Kim Nicolini
Vaginas From Outer Space! Boldly Sitting Through Star Trek

David Yearsley
Handel's Ghost

Lorenzo Wolff
Killer Virtues

Poets' Basement
Gibbons, Jordan and Moser

Website of the Weekend
Catch F-22

May 14, 2009

Michael Hudson
Where Russia Went Wrong

Andy Worthington
The Poisoned Mosaic: Judge Condemns Guantánamo Evidence

Paul Craig Roberts
The Impotent President

Jonathan Cook
The Pope's Pilgrimage: Legitimizing Netanyahu?

Ray McGovern
See No Evil: Ugly Questions for General Myers

Lance Selfa
The Limits of Liberalism

David Green
The Deportation of Demjanjuk

Dave Lindorff
Obama Channels Cheney

Frida Berrigan
Nuclear Options

Sue Udry
The Bybee Question

Website of the Day
Our Bombs: Tracking US Air Strikes

May 13, 2009

Brian M. Downing
The Road Out of Iraq

Gareth Porter
Gen. McChrystal and Afghanistan

Robert Sandels
Obama and Latin America: No Light, All Tunnel

Ricardo Alarcón
Cuba: Measure of a Revolution

Eric Walberg
NATO in Georgia: Fun and Games

Dave Lindorff
The Sinking of GM: When Captains of Industry Don't Go Down with the Ship

Deepak Tripathi
A Culture of Abuse

William S. Lind
Back to the Balkans: Hillary and the Sleeping Dragon

Kevin Zeese
A Populist Health Care Rebellion

Franklin Lamb
Lebanon: From Perdition to Redemption?

Website of the Day
Beth McIntosh: The Wild Ride

May 12, 2009

Gary Leupp
The Bomb Iran Faction

Richard Neville
The AfPak Blues: Corpses of the Kids by the Truckload

Wajahat Ali
Obama Chooses a Reliable Dictatorship

Dean Baker
The Banker Boys Are Alright! Time to End the Bailouts

Franklin Lamb
What Palestinian Refugees Need From Lebanon's Elections

Norman Solomon
A Progressive Challenge to Jane Harman

Paul Craig Roberts
Beware the Hate Crimes Bill

Lisa M. Hamilton
Let's Grow a New Crop of Farmers

Bob Fitrakis /
Harvey Wasserman:
Why Isn't Obama Turning to Credit Unions?

David Macaray
Wading Through the Grassroots

Website of the Day
Electronic Police States

May 11, 2009

Andrea Peacock
No Justice for Libby

Michael Hudson
Gordon Brown Spills the Beans on the IMF

Patrick Cockburn
Who Killed 120 Civilians?

Ralph Nader
The Single-Payer Taboo

John Kelly
Pseudoscience and Wrongful Convictions in the War on Drugs

Saul Landau
Cuba's Biggest "Crime"

Dave Lindorff
Blaming the Dead Victims

David Michael Green
Get Obama

Anthony Papa
Gov. David Paterson Does the Right Thing

Paul Krassner
Jon Stewart and Truman, the War Criminal

Website of the Day
Generational Homelessness

Weekend Edition
June 12-14, 2009

Angelo Mozilo and His 300 Million Slapstick Foils

Elmer Fudd Nation

By MARK AMES

If I was an oligarch and I wanted to buy my spoiled little shit of a son a toy that would make him laugh and laugh for hours, I'd buy him a middle-class American. Because Americans are funny the way all dupes and chumps are funny. You can trick today's Americans time and again, and they always fall for it. And when you trick them, they stomp around dramatically and make a lot of blustery noise about "the people" who allegedly "aren't going to stand much more of this" because "our founding forefathers bla bla bla" and of course the ol' "you can fool some of the people some of the time, buttcha can't fool bla bla bla..." Basically, if you've seen your Elmer Fudd, then you've seen your American sucker in all of his cartoon comic-foil glory: a sentimental buffoon, a harmless chump whose guns don't fool anyone but himself.

Every day, Americans play the role of Elmer Fudd to the oligarchy's Bugs Bunny--if you look at it from the oligarchy's point of view, at least.

Exhibit A: Multigazllionaire scumbag Angelo Mozilo v. American Suckers.

Tuesday it was reported that Mozilo, the guy who destroyed millions of Americans' lives and now faces fraud charges, is making American taxpayers—his victims—pay for his legal defense. Yup, Bank of America, which only exists thanks to tens of billions of taxpayer dollars, is using YOUR MONEY to defend Angelo Mozilo against YOU, the victim.

Bank of America paying Mozilo's legal fees
Tue Jun 9, 2009 3:59pm EDT

NEW YORK (Reuters) - Bank of America Corp said on Tuesday it is covering the legal fees of Angelo Mozilo, the former Countrywide Financial Corp chief executive charged with securities fraud and insider trading.

Lawyers for the former executives last week said they planned to fight the SEC's claims.

Bank of America has taken $45 billion from the U.S. government's Troubled Asset Relief Program.

What makes this really funny is that Mozilo doesn't even need your money, because he's already stolen at least half a billion from you suckers... But he's taking taxpayer dollars to defend himself anyway, for the same reason that dogs lick their balls: BECAUSE IT TICKLES!

Mozilo's Monster Payday
JANUARY 11, 2008
By Dana Cimilluca

According to the LA Times, Mozilo stands to get a severance package valued at more than $110 million. That would be on top of $140 million of his Countrywide stake that Mozilo sold in 2006 and 2007, as the housing wave crested and then crashed. (In fact, as the Wall Street Journal points out, from 2004 through 2007, he sold a total of about $414 million of Countrywide shares - sales that drew the attention of the SEC.)

In 2006 alone, Mozilo, who built Countrywide into a thriving mortgage institution over nearly 40 years, got paid $48 million, according to the company's last proxy statement.

Yup, he gets over half a billion dollars, and you, the victim, pay him to defend himself from you. And what makes it so funny is that no American will ever do a thing to harm a hair on Mr. Mozilo's head. No matter what, even if you're the guy who's living in a Sam's Club tent, you won't do a thing about it. AHHH-HA-HA-HA-HA!!!

A human-like lizard

Mozilo is a prankster on and off the stage--what showbiz comics call "a true professional." He screwed over everyone he could--not just American homeowners and taxpayers, but even his own employees at Countrywide:

Countrywide Sued by Workers Over Retirement Losses

The employees suffered ''hundreds of millions'' in losses when Countrywide's stock plunged, they said.

''I think the record is crystal clear that the CEO knew this company was highly risky, that it was engaging in risky behavior and that this was no longer a prudent investment,'' Steve Berman, a lawyer for the plaintiffs, said in an interview. Berman said about 50,000 people are invested in Countrywide's retirement plan.

This is where the Mozilo as Bugs Bunny metaphor stops working--not that it ever did. Because the suckers, the comic foils, the ones who get bashed in the head with the giant sledge hammer--you don't really laugh much at their misery:

Plaintiff Marc Cruz, like many Countrywide employees, deferred a portion of his salary and invested in the company 401(k) savings plan, which Countrywide augmented with a 50 percent match, up to six percent, paid entirely in company stock during calendar years 2005 and 2006.

Mozilo wasn't trying to be funny at all, let's face it. He was doing everything he could to try to get people to kill him. He stole from their futures, and he stole from their present--he stole years, money, happiness, dignity. He even turned his employees into slaves. Not metaphorical slaves but real slaves:

According to the lawsuit against Countrywide, some sales agents worked at least 10 hours a day, five days a week, without meal breaks "in order to meet production demands and pressures."

The 400 Countrywide employees who sued claimed that they worked an average of 16 hours of overtime a week, including weekends, from 1998 to 2004 without premium pay.

Craig Strah, a former sales agent in Countrywide's Rosemead office, wrote in a court declaration that "in order to meet production demands and pressures," he usually worked "at least 10 hours per day, five days per week without any meal breaks. Approximately three times per month, I worked an additional nine-hour day without any meal breaks."
Countrywide maintains that its sales agents are exempt from overtime laws because they are management... an increasingly common tactic to give rank-and-file workers fancy titles to lull them into thinking they were executives and thus not entitled to overtime.

Mozilo's response:

In an August interview with CNBC, Countrywide Chief Executive Angelo Mozilo complained about the high cost of doing business in California.

"Anything over eight hours a day, you have to pay overtime, even though it's less than 40 hours a week," Mozilo said.

If Mozilo were Bugs, he'd snicker and gnaw on his carrot. But he's not. He's just a mean, vain old fuck in love with his tanning salon.

The settlement, excluding attorney fees, amounts to an average of about $50,000 per employee.

So Mozilo steals 6 years of their lives, and for all that they eventually "win" a $50,000 settlement-or just over $10,000 per year per employee. Or roughly what Mozilo earned in the time it took him to wax his back.

Anyway it was no skin off of Mozilo's ...back... Countrywide picked up the $30 million lawsuit settlement tab, just like taxpayers are picking up his legal fees for the fraud suit. So who won? Put it this way: he's worth half a billion, and Countrywide employees are worth nil.

And all these Elmer Fudds do is whine:

Countrywide critics slam board's pay

By Kathy M. Kristof, Times Staff Writers and E. Scott Reckard, Times Staff Writers November 09, 2007

Countrywide directors had become conflicted by their own "excessive pay" and stock options that had allowed five members of the board to cash out more than $20 million in stock gains over the last two years.

That headline is a knee-slapper. "Critics! No, not the critics, Doc! Please, I beg ya! You gotta do somethin' about them critics, Doc! Why, they're bound to critic-size me! It's moiduh, I tell ya! All I gots is half a billion dollahs, you can't do this to a half-a-billionaire, Doc!"

At this point, all the blustering, armed-to-the-teeth American suckers lower their guns just like Elmer Fudd would, allowing Mozilo-Bugs to kiss them on the forehead, and then slam them with a giant 100 lb. sledge hammer. Because today's American chumps never shoot the people who ruin them. Instead, they bluster in anonymous message boards and comments secitons about how they COULD shoot them, and then they quickly turn to their favorite fist-shaking theme: their beloved second amendment... And this is where the comedy routine gets downright tiresome. Because every time these Fudds should focus on shooting the real enemy, the oligarch-thief who ruined their lives and stole their savings and pension and their child's education, instead of hunting down and shooting this real-life serial murderer, they go a-huntin' for wiberaws and big govuhment sociawists and gun contwow fweaks. In vaudeville that sort of buffoonery gets the crowd a-hootin and a-holerin. The blustery buffoon always hunting a non-existent threat while the real villain, standing right next to him, robs him blind.

Let me illustrate this point by way of compare & contrast. In this case, emails. First, an email sent by a Countrywide employee to a CNBC reporter in January, 2008, when the company was going under:

"I, like many others, am outraged. We broke our backs keeping this place floating--bailing out the Titanic with thimbles while our executives made off in the life boats. Mozilo could afford to give every one of its remaining employees in the trenches $10k a piece for our efforts. There are no answers coming from anywhere about the merger, and no one even knows if their job is safe once BOA's bean counters are done looking into CW operations with a microscope. Some great teams disappeared like farts in a hurricane, and dedicated, hard-working employees were discarded and regarded as fat trimmed off of a steak. It is heartbreaking to see..."

A guy like Mozilo would read that email and think, "He said 'fart.' How disgusting! I have class!" No, Mozilo never says "fart" when he steals. In fact, he plays the hunted victim, while the real victim above plays the earnest Elmer Fudd with a touch of modern irony. This is an email from Mozilo sent to Countrywide shareholders in October 2006, when they started to complain about Mozilo's insane $120 million package:

“I appreciate your input but at this stage in my life at Countrywide this process is no longer about money but more about respect and acknowledgement of my accomplishments.... Boards have been placed under enormous pressure by the left wing business press and the envious leaders of unions and other so called 'CEO Comp Watchers' and therefore Boards are being forced to protect themselves irrespective of the potential negative long term impact on public companies. I strongly believe that a decade from now there will be a recognition that entrepreneurship has been driven out of the public sector resulting in underperforming companies and a willingness on the part of Boards to pay for performance.”

Nope, it isn't funny anymore. He's not a zany prankster, and we're not loveable dupes. But then again, there always something really depressing about Elmer Fudd.

Mark Ames is the author of Going Postal: Rage, Murder and Rebellion from Reagan's Workplaces to Clinton's Columbine (Soft Skull) and co-author of The eXile: Sex, Drugs and Libel in the New Russia (Grove). He writes for The Nation, Playboy and Exiledonline.com. He cab be reached at amesexile@gmail.com

Now Available from CounterPunch Books!

Spell Albuquerque:
Memoir of a
"Difficult Student"
By Tennessee Reed

Waiting for Lightning
to Strike:
The Fundamentals
of Black Politics
Kevin Alexander Gray

Click Here to Buy!

Click Here to Buy!

The Inside Story of the Shannon Five's Smashing Victory Over the
Bush War Machine
By Harry Browne

Born Under a Bad Sky:
Notes from the Dark Side
of the Earth
By Jeffrey St. Clair

Buy End Times Now!

Click Here to Buy!

Click Here to Order!

Humanitarian Imperialism
By Jean Bricmont