News for 2009-02-06

Friday, February 6, 2009
Obama's Executive Pay Limits Have Loopholes: Report
President Barack Obama's crackdown on Wall Street pay contains loopholes, and may have limited impact in restraining compensation, the Wall Street Journal said, citing executive-pay consultants and management attorneys. Some compensation professionals are already pointing out potential holes in the...
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Two Years of Recession, or Ten Years of Hell?
In this first segment of the interview, Paul Jay discusses how the global economic crisis will impact Europe with author and political economist William Engdahl.
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Global Crisis Fuels Protests
While the world's financial and political elite failed to agree on any meaningful solutions to the economic crisis at the World Economic Forum, millions of workers are losing their jobs. The result has been a series of mass mobilizations around the world.
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The Children of Guantanamo
NEW YORK - Legal experts and human rights advocates are challenging the public to remember Guantanamo's "child soldiers" when the detainees there are characterised as "the worst of the worst".
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US Environmentalists Hail Halt of Land Lease for Gas Drilling
WASHINGTON - US environmentalists have been celebrating after Interior Secretary Ken Salazar reversed a move by the previous administration to lease wilderness land in Utah to energy companies for exploration. Salazar on Wednesday ordered the Bureau of Land Management "not to accept the bids on 77...
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Panetta Open to Tougher Methods in Some C.I.A. Interrogation
WASHINGTON - Leon E. Panetta, the White House pick to lead the Central Intelligence Agency, on Thursday left open the possibility that the agency could seek permission to use interrogation methods more aggressive than the limited menu that President Obama authorized under new rules issued last...
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Senators Berate Food Regulators
WASHINGTON - Members of a Senate panel rebuked federal health and food safety regulators yesterday for their slow intervention in the nation's peanut-borne salmonella outbreak, demanding that officials find ways to cooperate when responsibility is split among different agencies.
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Warning Over British 'Surveillance State'
Electronic surveillance and collection of personal data are "pervasive" in British society and threaten to undermine democracy, peers have warned. CCTV cameras and the DNA database were two examples of threats to privacy, the Lords constitution committee said. It called for compensation for people...
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Letters Prove US Threats to Halt Intelligence to UK
LONDON - A flurry of letters between the British Foreign Office and the US State Department has revealed that Washington did threaten to withdraw intelligence-sharing with Britain if documents related to the alleged torture of a British terrorism detainee in Guantanamo Bay were made public. The...
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Key Bush Gitmo Advisers Still on Job at Pentagon
WASHINGTON - Three senior Pentagon officials tapped by the Bush administration to oversee detainee policy at Guantanamo Bay remain on the job despite President Barack Obama's order to reverse course at the Navy prison in Cuba. The Bush appointees' ongoing influence over one of Obama's first and...
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Nationalized Banks Are 'Only Answer,' Economist Stiglitz Says
Joseph Stiglitz was awarded the Nobel Prize in economics in 2001. Under US President Bill Clinton he served as chairman of the Council of Economic Advisers from 1995- 1997. He was chief economist of the World Bank from 1997-2000 and was a lead author of the 1995 Report of the Intergovernmental...
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Naomi Klein: We’ve Got to Make Obama Do It!
In her best-selling book, The Shock Doctrine: The Rise of Disaster Capitalism , Naomi Klein outlines the disturbing trend of governments using crisis as a means for corporate profit-advancement. She cites Hurricane Katrina, 9/11, and Pinochet's Chile as examples of the practice.
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