Poor Mojo's Newswire

The Congressional Budget Office's projections show that the programme can pay full benefits until the year 2044 with no changes whatsoever. Even after that date the programme would always pay a higher benefit than what current retirees receive, even though somewhat less than the full scheduled benefits. The long-term problem is not that anything improper has been done with the programme; the reason that social security is projected to eventually face a shortfall is that future generations are projected to live longer than we do. This raises costs since our children and grandchildren are projected to enjoy longer retirements than we do. In short, there is no story of generational inequity here, contrary to what the Wall Street deficit hawks say. If our deficit hawk generals are too scared to take on the healthcare industry then we also have to also make them too scared to take on social security. If we need to reduce the deficit the best place to start is a financial speculation tax. A modest set of financial transactions taxes, like the 0.5% tax on stock trades in the United Kingdom, can easily raise $150bn a year. This would go a long way toward addressing future budget shortfalls and it would raise money from people who can afford it: the Wall Street crew whose financial shenanigans led to the meltdown.

In a repudiation of the Bush administration's now-defunct terrorist surveillance effort, a federal judge ruled Wednesday that government investigators illegally wiretapped the phone conversations of an Islamic charity and two American lawyers without a search warrant. U.S. District Court Judge Vaughn Walker said the plaintiffs provided enough evidence to show "they were subjected to warrantless electronic surveillance" by the National Security Agency. The judge's 45-page ruling focused narrowly on the case involving the Al-Haramain Islamic Foundation, touching vaguely on the larger question of the program's legality. Nonetheless, Al-Haramain lawyer Jon Eisenberg said the ruling had larger implications. "By virtue of finding what the Bush administration did to our clients was illegal, he found that the Terrorist Surveillance Program was unlawful," Eisenberg said.

Appearing on CNN this morning, Michael Lackomar, a member of the Southeast Michigan Volunteer Militia, called the Hutaree -- also primarily based in Michigan -- "really a fringe group outside of anything we do."... But Mark Potok, the executive director of the Southern Poverty law Center, which tracks extremist groups, told TPMmuckraker that the Hutaree fit comfortably within the broader militia movement. "The Hutaree were apparently ensconced right smack in the middle of the militia movement," said Potok. Potok explained that the more secular militia groups foresee an impending catastrophe in the form of the federal government confiscating weapons, imposing martial law, and herding those who resist into concentration camps. Ultimately, he said, they fear that the U.S. will be subsumed into a socialistic "One World Order," under supra-national bodies like the U.N. or the EU. "The only difference with the Hutarees is that they put this millenial spin on it," Potok said. In their version, the coming catastrophe involves the appearance of the Anti-Christ, but groups like the U.N. and E.U. are also vilified -- as we've noted. "It's very much the same idea."

Members of a militia charged with plotting to kill police were not Christian or a militia, a man acquainted with the group said Tuesday. "This is a group that I would classify as neither a militia or a Christian group," said Michael Lackomar, a member of the Southeast Michigan Volunteer Militia. "They're really a fringe group outside of anything we do. "They're more of a private army or a terrorist organization or really just a criminal organization."

Caroline Hunter, a Bush-appointed Federal Election Commissioner who remains in office, provided misleading statements under oath in an effort to conceal Republican National Committee involvement in vote suppression activities during the 2004 presidential election, a Raw Story investigation has found. Legal experts say Hunter's submission of misleading statements under oath is a serious ethical and professional breach which could warrant a bar review and potential disbarment. At the time, Hunter was serving as deputy counsel to the Republican National Committee.