October 14 2010 Travus T. Hipp Morning News & Commentary: It's Not The Crime It's The Cover-up - Forty Nine States Investigate Mortgage Lenders

"All The News You Never Knew You Needed To Know ...Until Now." October 14 2010 Travus T. Hipp Morning News & Commentary: 'It's Not The Crime It's The Cover-up' - Attorney Generals From 49 States Investigate The Mortgage Industry [Pop Out Player? Click Here] Prefer An MP3 Playlist? It's Here: [128kbps MP3 9:37 Minutes] Other Audio Formats Available [ Here ]Twitter This Commentary

In The News:
Thanks this morning to ChrisM, my MP3Angel, for supplying the news and commentary audio files.

The rescue of the thirty three Chilean miners trapped for sixty nine days is complete. They appear to be in good shape, and they're "Heroes". See Reuters "Rescued Chile miners recover, face celebrity status"

SOME PEOPLE are saying that "Capitalism Saved The Miners" but Juan Cole at Informed Comment has a much different take on the miners and their ordeal... Was their ordeal due to the long term effect of economic policies foisted off on Bolivian dictator Pinochet by Richard Nixon and Nixon's Secretary of State, known WAR CRIMINAL Henry Kissinger?

The corporate mass media (especially television) did not treat the Chilean mine collapse as a labor story but rather as a feel-good human interest story.

It not only avoided asking hard questions about why the near-disaster occurred and why the mine workers could be treated like guinea pigs by their employers, it actively obscured these questions. I saw a psychobabbling guest of Tony Harris on CNN actually talking about how the Chilean government is the father figure for the miners and their supporters and people are turning to it for succor and inspiration. I threw up a little in my mouth.

So here are the questions that a social historian would ask about the sorry episode, and which I never heard anyone on television news ask during all the wall to wall coverage... Read Them @ Informed Comment

Meanwhile, Europe is still under alert due to threats by Islamic fighters captured who claim to know what al Qaeda is up to...

THREE HUNDRED AND FIFTY THOUSAND French people are in the streets over their government's new retirement policy and there are new demonstrations in Greece and Italy, also over government controlled pension modifications. In Greece, demonstrators occupied the Acropolis and were driven out by tear gas spewing riot police. I posted quite a few links about France's citizens tendency towards rebellion yesterday.

The Afghan "Peace Commission" has stated that the Taliban (or elements of it) ARE WILLING TO be involved in the now-seminal talks. Especially if foreign forces leave he country. Meanwhile there have been four more drone attacks by the U.S. (which apparently isn't seeking peace per se, but a 'piece of the extractive resources "action") on the AfPak border, targeting the Talib.


In OTHER News...

You don't have to "jog your brain"... just walk it.

Walking keeps one from becoming 'senile'.... Reuters...

Walking may keep brain from shrinking in old age

CHICAGO (Reuters) - Walking at least six miles a week may be one thing people can do to keep their brains from shrinking and fight off dementia, U.S. researchers said on Wednesday... Full Article

Speaking of shrunken brains, and a state budget to match...

Truthout on The Rise and Fall of California's Master Plan for Higher Education. Which asks such pithy questions as "Is the state's twisted penchant for prison building any way to earn revenue for your town?"

Education or Incarceration?

With headlines focused on Los Angeles and the Bay Area, it’s easy to forget that California is an agricultural state.

But it may be in poor agricultural communities, especially those in the San Joaquin Valley, where the state’s twisted priorities are the clearest. In the middle of a budget crisis, what will the state fund—schools or prisons?

Unemployment in California’s rural counties is often twice as high as on the coast. The economic crisis in small valley towns like Delano and McFarland was a fact of life long before California’s current budget woes. In Delano, historic home of Cesar Chavez’s United Farm Workers, 30 percent of the residents live below the poverty line. Desperate for employment, many were sold the idea that prisons would provide a source of jobs beyond low-wage farm labor. As a result, the area has become home to giant institutions whose budgets dwarf those of local school districts. Valley teenagers today see those prisons in their future, whether as guards or inmates, rather than college.

Every day in Delano 3,176 people go to work in the Kern Valley State Prison and North Kern State Prison. Almost as many of the town’s families now depend on prison jobs as those supported by year-round field labor. Thousands of former farmworkers now guard other Latinos and blacks—inmates just as poor, but mostly from the urban centers of Los Angeles or San Jose rather than the rural communities of the Central Valley. The two prisons have a combined annual budget of $294 million. By comparison, the town’s 2010 general fund was a tenth of that, and the budget of its public schools a twentieth. More Here

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