Views for 2012-06-20

Wednesday, June 20, 2012
Robert Reich
Dimon in the Rough: How Wall Street Aims to Keep U.S. Regulators Out of Its Global Betting Parlor
The Commodity Futures Trading Commission, the main regular of derivatives (bets on bets), wants to extend Dodd-Frank regulations to the foreign branches and subsidiaries of Wall Street banks. Horror...
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Glenn Greenwald
Who Can Blame Assange for Seeking Protection from US Extradition?
If one asks current or former WikiLeaks associates what their greatest fear is, almost none cites prosecution by their own country. Most trust their own nation's justice system to recognize that they...
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John R. MacArthur
Obama Does Populist Pantomime, Empowers GOP
Scott Walker’s easy victory in Wisconsin’s gubernatorial recall election once again raises the question I’ve been posing for nearly four years: What will it take for liberals to recognize Barack...
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Rose Ann DeMoro
Why Jamie Dimon and his Wall Street Buddies Need to Pay a Robin Hood tax
As JP Morgan CEO Jamie Dimon showed up to Congress on Tuesday to try to explain how his "too big to fail" bank could mysteriously lose $2bn in risky trades, he was suddenly diverted to a back...
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James Ridgeway, Jean Casella
Congress Unlocks America's Hidden Shame of Solitary Confinement
Imagine a place filled with closed, windowless cells. Each cell may be so small that you can extend your arms and touch the side walls. It may contain a bunk of poured concrete, a toilet, perhaps a...
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Lacy MacAuley
Message from the Street in Mexico: 'The G20 is Illegitimate!'
Today Mexican President Felipe Calderon, speaking in a press conference to conclude the G20 summit in Cabo, Mexico, reinforced why so many people oppose the G20’s neoliberalism, austerity, and...
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Laura Flanders
"Jamie Dimon, You're No Good. The People Need a Robin Hood"
JP Morgan CEO Jamie Dimon was greeted in Congress Tuesday, by nurses and healthcare activists chanting, "Jamie Dimon, you're no good. The people need a Robin Hood." And it wasn't just in DC, but all...
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Katrina vanden Heuvel
The Power of Progressives
After a rough few weeks, filled with disappointing economic news and distracting political gaffes, President Obama finally had a rare throw-down-the-mike moment. In a highly anticipated campaign...
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Nikolas Kozloff
Endgame for Assange? The Politics Behind Ecuador’s Asylum Offer
On a certain level, I am not surprised that Julian Assange has requested diplomatic asylum from the tiny South American nation of Ecuador. Realistically, the WikiLeaks founder might have concluded...
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Jim Hightower
Super PACs and Secret Money Destroying America's Democracy
Leave it to Bill Moyers, one of America's most useful citizens, to sum up our country's present political plight in a succinct metaphor: "Our elections have replaced horse racing as the sport of...
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Bernie Sanders
Label Genetically Engineered Food
In 49 countries around the world, including all of Europe, people have the opportunity of knowing whether or not they are eating food which contains genetically engineered ingredients. In the United...
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Richard Schiffman
The Most Anti-Environment Congress in History: Here's the Record
Global temperatures are rising, violent weather is increasing, chemicals in the air, food supply and water have led to soaring rates of allergies, asthma, certain cancers, hormone disruption, male...
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David Macaray
Fire All the Teachers! (and Other Inanities)
Two of the most damaging misconceptions people have about labor unions are (1) that union members tend to be substandard workers (lazy, unreliable, surly, privileged), and (2) that union members can’...
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Michael Winship
The President’s Never-Ending Campaign for Cash
My neighborhood has become a cash machine for the Obama re-election campaign.
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Ellen Brown
Why Congress Won’t Touch Jamie Dimon: JPM Derivatives Prop Up US Debt
When Jamie Dimon, CEO of JPMorgan Chase Bank, appeared before the Senate Banking Committee on June 13, he was wearing cufflinks bearing the presidential seal. “Was Dimon trying to send any particular...
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