What their Money can buy
Lies, Deceit and Fraud
Bill O'Reilly made a rather bold declaration during a recent interview with Newsweek .
The untold story of the sources of the loot controlled by Paul "The Vulture" Singer, Ken Langone and the Kochs—and why they need to buy the White House
Too Big and Getting Bigger
Republican President Dwight D.
President Obama is attempting to drum up support for his re-election campaign amidst a slumping economy. In an appearance on the Tom Joyner radio program on Tuesday, Obama said the severity of the financial crisis had limited his administration’s ability to respond. President Obama : "Look, there are no magic bullets, because what we went through was the worst financial crisis since the Great Depression, and typically after financial recession, financial crises like this, it takes a long time for the patient to heal. This is a situation where the economy essentially had a heart attack, and the patient lived, and the patient is getting better, but it’s getting better very slowly. So, we don’t have magic bullets, but what we do have, I think, is the capacity to do some things right now that would make a big difference."
Image: ljv via flickr It's not exactly breaking news, but this topic is worth a recap.
(Newser) – Tax evaders are rushing to the IRS, cash in hand, thanks to a partial amnesty program aimed at recovering money in offshore bank accounts.
Following revelations by Bloomberg Markets Magazine that a spun-off intelligence unit of German electronics giant Siemens, Trovicor , a wholly-owned subsidiary of Perusa Partners Fund 1 LP , a shadowy investment firm headquartered in Guernsey, had sold surveillance gear to Bahrain deployed against the pro-democracy movement, it has since emerged that Microsoft established an IT training program for Ministry of Justice and Interior officials in Tunisia. A secret State Department cable published by the whistleblowing web site WikiLeaks, 06TUNIS2424 , “Microsoft Inks Agreement with GOT,” 22 September 2006, noted that “during the Microsoft Government Leaders Forum in South Africa July 11-12, the GOT and the Microsoft Corporation signed a partnership agreement that provides for Microsoft investment in training, research, and development, but also commits the GOT to using licensed Microsoft software.”
“Plutocracy” first burst big-time into our national political consciousness in the late 19th century, and the concept still conjures up today, well over a century later, much the same images as way back then.
Share this Attendees of the Democracy Convention in Madison in late August were treated to panels on a host of different issues, from democratic media to racial inequality. The Center for Media and Democracy was one of the sponsors of the convention, and our own Lisa Graves and Brendan Fischer addressed democracy activists.
SOURCE: AP/Susan Walsh
Bill Gates and several of his closest friends—CEOs and top executives from Bank of America, Lockheed Martin, and Kleiner Perkins—are in Washington discussing their latest uphill battle.
For Immediate Release: September 28, 2011
The battle for and is heating up by the day. The latest move comes from seven U.S. state attorney generals who have lent their support to the Department of Justice in an effort to block the proposed $39 billion merger of AT&T and T-Mobile. Those states are California, Illinois, Massachusetts, New York, Ohio, Pennsylvania and Washington.
By Robert Frank After my last post on the national income pie, many readers asked about wealth, i.e. accumulated assets. A new chart from the Economic Policy Institute , using data from NYU Economist Ed Wolff, shows that more than 80% of the nation’s wealth gains between 1983 and 2009 went to the wealthiest top 5%.
In the past several weeks the major news media has seen a dramatic increase in the amount of press coverage given to free trade agreements. Major and mid-level media outlets have taken up the cause of stalled FTAs that are currently held up by partisan roadblocks in Congress. The popular news site Politico ran an opinion piece on its front page titled “Politics of trade hurt job creation” promoting the merits of new free trade agreements with Panama, Colombia and South Korea as a solution to our jobs crisis. The article claims that the three deals would provide 250,000 jobs for this country across every economic sector. The author argues that for every additional $1 billion of goods exported from the United States 6,000 jobs are created or supported. By this logic, if the trade deals could increase exports even marginally they would be worth their weight in jobs.