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    Common Dreams. To inform. To inspire. To ignite change for the common good.
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    LATEST NEWSOPINIONCLIMATEECONOMY POLITICS RIGHTS & JUSTICEWAR & PEACE
    LATEST NEWS
    OPINION
    Common DreamsTo inform. To inspire. To ignite change for the common good.

    timothy geithner

    Forget Mueller. Forget Impeachment. A Million People Should Surround the White House and Demand Trump's Resignation

    Forget Mueller. Forget Impeachment. A Million People Should Surround the White House and Demand Trump's Resignation

    Even the master distractor himself could not have distracted the mass dittohead media any better from his true crimes.

    Ralph Nader
    Mar 27, 2019

    Special Counsel Robert Mueller spent almost two years to produce a $25 million report that is a flat tire. Still unreleased in full to the American people, Trump's acolyte, Attorney General William Barr, a longtime friend of Republican Mueller, gave us what Trump long craved--by stating that "the investigation did not establish that members of the Trump campaign conspired or coordinated with the Russian government in its election interference activities" during the 2016 election. As for obstruction of justice by Trump, Attorney General Barr cryptically burped, that "The Special Counsel states that 'while this report does not conclude that the President committed a crime, it also does not exonerate him"--whatever that means. Give people the whole report now, as the House of Representatives voted 420 to 0 to do.

    What a farce and distraction this whole exercise turned out to be! Mueller's assigned subject was Trump. So, does this prosecutor demand to interview Trump, to subpoena Trump? No. Does this special investigator conclude with any legal recommendations at all? No. He just wants to be forgotten as he slinks away into deliberate silence (unless he is made to testify before the House Judiciary Committee).

    Keep ReadingShow Less
    election 2016
    Trillion Dollar Wall Street Bailouts, Bernie Sanders, and the Washington Post

    Trillion Dollar Wall Street Bailouts, Bernie Sanders, and the Washington Post

    The newspaper's fact-checker might need to work on his own understanding of the facts, because Sanders seems on pretty solid ground here

    Dean Baker
    Mar 19, 2019

    Glenn Kessler, the Washington Post Fact Checker gave Bernie Sanders two Pinocchios yesterday for saying that the Wall Street banks got a trillion dollar bailout. Kessler raises several points of contention. First, whether the Wall Street banks actually got that much money. Second, whether it can really be called a bailout, since the government made a profit on the loans. Third, that the bailout was necessary to keep the financial system running.

    Taking these in turn, Kessler points out that the money that went from the TARP to the Wall Street banks, the congressionally approved bailout, was in the low hundreds of billions, far less than $1 trillion. He does note that a much larger amount of loans went from the Federal Reserve Board to the banks, however the piece points out both that the Fed is nominally independent of the government and that many of these loans were short-term, so that rolling them over would count twice. (If a bank got overnight loans for $1 billion for a week, this would count as $7 billion.)

    Keep ReadingShow Less
    bailout
    Siding With 'Loan Sharks' Over Consumers, Trump CFPB Moves to Gut Payday Lender Regulations

    Siding With 'Loan Sharks' Over Consumers, Trump CFPB Moves to Gut Payday Lender Regulations

    "This administration has moved the CFPB away from protecting consumers to protecting the very companies abusing them."

    Jake Johnson
    Feb 05, 2019

    In what progressive lawmakers and advocacy groups decried as the Trump administration's latest "shameful" attack on vulnerable families, the Consumer Financial Protection Bureau (CFPB) unveiled a plan on Wednesday that would gut regulations protecting consumers from predatory payday lenders.

    "This decision will put already struggling families in a cycle of debt and leave them in an even worse financial position."
    --Vanita Gupta, Leadership Conference on Civil and Human Rights

    Keep ReadingShow Less
    cfpb
    Chuck Schumer, Feckless Hack

    Chuck Schumer, Feckless Hack

    The man is incompetent, has abysmal politics, and as we were reminded in a huge New York Times investigation into Facebook, is extremely corrupt.

    Ryan Cooper
    Nov 16, 2018

    Senate Democrats have once again selected Sen. Chuck Schumer (D-N.Y.) as their minority leader without so much as a whisper of a debate or contest.

    This is galling. The man is incompetent, has abysmal politics, and as we were reminded in a huge New York Times investigation into Facebook, is extremely corrupt.

    Keep ReadingShow Less
    chuck schumer

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