News for 2012-10-10

Wednesday, October 10, 2012
[title] Bernie Sanders on More Tax Breaks for the Wealthy: 'Obscene, Immoral, Bad Economics'
Sen. Bernie Sanders (I-Vt.) talks to “Viewpoint” host Eliot Spitzer about news that Sen. Chuck Schumer (D-N.Y.) has axed a fledgling plan to avoid the fiscal cliff because it includes tax cuts for the wealthy.
Read more
[field_image_caption-raw] Report: EPA Can't Keep Pace With Fracking Surge
EPA regulators are having trouble keeping up with the rapid expansion of shale oil and gas development. According to a report from non-partisan investigative committee, the Government Accountability Office, regulators are handicapped in their oversight by a lack of data and a number of legal...
Read more
[field_image_caption-raw] Success: Court Reinstates Montana's Campaign Contribution Limits
A federal appeals court has reinstated limits on campaign contributions in Montana on Tuesday, a decision that leaves the state law in effect and marks a small, victorious step for those fighting Citizens United .
Read more
[field_image_caption-raw] Groups: New England Tar Sands Pipeline Plotted 'Behind Closed Doors'
A new analysis released today by national and regional environmental groups shows that US oil giant Exxon Mobile and Canada's Suncor hold a majority stake in a pipeline system that local residents along its route fear could soon be used to transport tar sands from western Canada to the New England...
Read more
[field_image_caption-raw] Walmart Workers' Strike Gains Steam, Spreads Across Country
Walmart workers went on strike for the second time in less than five days on Tuesday in protest of low wages, lack of benefits and Walmart's "attempts to silence and retaliate against workers for speaking out for improvements on the job," according to United Food and Commercial Workers. Workers in...
Read more
[field_image_caption-raw] Supreme Court Upholds $18.2 Billion Judgement Against Chevron For Ecuadoran Pollution
The U.S. Supreme Court on Tuesday upheld a $18.2 billion judgement against Chevron Corp., in which the second-largest U.S. oil company was found to have polluted parts ofthe Amazonian jungle for nearly 30 years. The court did not offer any reason for its decision, Reuters reported .
Read more
[field_image_caption-raw] Wall Street Pay at Near Record Levels
The pay on Wall Street is at record highs, according to an analysis (pdf) released Tuesday from the New York State Comptroller. "The total amount of wages (including bonuses) paid to securities industry employees located in New York City grew by 4 percent in 2011 to reach $60.7 billion, which is...
Read more
[field_image_caption-raw] Pussy Riot Member Set Free
On Wednesday, a three-judge panel in the Moscow City Court ordered the immediate release of Pussy Riot member Yekaterina Samutsevich, though upheld the sentence for her two bandmates.
Read more
[field_image_caption-raw] European Parliament Overturns Moratorium on Offshore Arctic Oil and Gas Drilling
Attempts by environmentalists to institute a moratorium on offshore drilling for oil and gas in the Arctic were rejected Tuesday by the European Parliament's Energy Committee. The decision overturned a vote last month by the body's Environment Committee that attempted to prevent accidents such as...
Read more
[field_image_caption-raw] Immunity Sealed: Supreme Court Rejects Challenge to Telecom Spying
Telecommunications giants will continue to receive immunity for helping the U.S. government engage in widespread warrantless domestic spying, the U.S. Supreme Court decided on Tuesday. The Court yesterday issued the blow to civil liberties when it rejected to hear a challenge to a 2008 law brought...
Read more
[field_image_caption-raw] Bankers Concede to Dreary Student Loan Predictions
A majority of US banking experts now concede that student loan debt is a serious problem and predict that a large percentage of students will increasingly have trouble paying off their high cost loans, http://lifeinc.today.com/_news/2012/10/10/14322987-bankers-growing-more-... |utmccn=%28organic%29...
Read more
[field_image_caption-raw] As Eleven Nations Pledge Support, Robin Hood Tax Gains Foothold in Europe
The European push for a financial transaction tax received a boost Tuesday following the agreement by financial ministers from eleven nations to support such a levy during a meeting in Luxembourg. The financial transaction tax—known also as the Tobin Tax, a Robin Hood Tax, or simply FTT—would place...
Read more
[title] The Hunted and the Hated: An Inside Look at the NYPD's Stop-and-Frisk Policy
Read more