He's not happy about the current actions of his fellow Party members: I can’t shrug off this flight from reality and responsibility as somebody else’s problem. I belonged to this movement; I helped to make the mess. I've had conversations … [Read more...]
A little light reading for Bank Transfer Day
Matt Taibbi writes about Bank of America: The government’s patronage of the bank was never clearer than in recent weeks, when B of A quietly decided to move trillions of dollars (trillions, not billions) in risky Merrill Lynch derivatives … [Read more...]
Regulatory capture on parade
Matt Taibbi has a Rolling Stone article describing how the Securities and Exchange Commission has been destroying evidence from its investigations for almost 20 years. Under a deal the SEC worked out with the National Archives and Records … [Read more...]
Berkshire-Hathaway chairman says “Stop Coddling the Super-Rich”
Warren Buffet, whose annual income dwarfs yours, and who has wealth you can only dream of amassing, writes, in the New York Times: Last year my federal tax bill — the income tax I paid, as well as payroll taxes paid by me and on my behalf … [Read more...]
The myth of Obama’s weakness
Glenn Greenwald isn't buying the idea that Obama showed himself a weak negotiator who fumbled the debt-ceiling situation. It appears to be true that the President wanted tax revenues to be part of this deal. But it is absolutely false … [Read more...]
The actual purpose of the Bush torture policies
Jessen's notes, prepared for an Air Force survival training course that he later "reverse engineered" when he helped design the Bush administration's torture program, however, go into far greater detail than the Armed Services Committee's … [Read more...]
Why allowing war is wrong
This is why you should not allow rich old men to start wars in your name: "Every single Marine I know goes to Iraq to help," she said. "While I was there that is what I thought. That is why I volunteered. I thought I was going to help the … [Read more...]
Obama broke pledge to help homeowners
Treasury staffers began conversations with congressional aides by saying the administration supported cramdown and would then "follow up with a whole bunch of reasons" why it wasn't a good idea, said an aide to a senior Democratic … [Read more...]
Justice Thomas ignores law
Thomas appears to think that the law does not apply to him, for some reason. The Supreme Court is "the only judicial body in the country that is not governed by a set of judicial ethical rules," Gillers said. A spokesman for the … [Read more...]
Vermont wants no corporate persons
It appears that they will do this in spite of Vermont's having lax gun-control laws, which will no doubt cause overwrought hand-wringing by certain individuals. … [Read more...]
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