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"Friend Of Wall Street" Jack Lew Nominated To Be Chief Wall Street Regulator

The next Treasury secretary of the United States will be a long-time close confidante of President Obama, a man described as a “Washington insider” and veteran of  the financial industry adept at cutting backroom deals, and an economic disciple of the men and ideologies that many blame for the deregulation of the nation;s financial markets [...]

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Barclays Scandal Proves Almost No Change In Financial Regulation Or Political Influence Of Big Banks Since '08 Meltdown

A rate-fixing debacle at one of the world’s largest investment banks with massive operations in the United Kingdom and the United States has triggered more questions and concerns over the state of the global financial industry and the perception of arrogance that some say has been elevated to a scale not seen since before the [...]

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THE HEADLINES

  IN FLORIDA, THE “STAND YOUR GROUND” OR “CASTLE” DEFENSE SEEMS TO ALLOW ONE TO CLAIM JUSTIFIABLE HOMICIDE EVEN IF THE KILLER IS PURSUING A VICTIM. (Orlando Sentinel)  Orlando Sentinel columnist Beth Kassab makes this argument, noting that the man accused of killing 17-year old Trayvon Martin after following him for a distance has still [...]

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THE HEADLINES

TORTURING ANIMALS IN THE NAME OF SCIENCE: THIS PRACTICE MAY BE ON ITS WAY OUT AROUND THE WORLD. India, motivated by Gandhian principles, is leading the way as the government now bans dissection of live animals in college classrooms. Here as elsewhere, zoology and medical research labs are bringing technology to the service of human [...]

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Corporate Profits Are Up. And The Average American Worker? Let Them Eat An iPad!

Unprecedented health among American businesses is not translating to benefits for ordinary Americans and the broader economy. Profits are up, and so is misery. Some of America’s largest corporations — like McDonald’s and GE — began releasing second-quarter earnings reports last week, and the results are astonishing. Corporate profits are near all-time highs, accounting for [...]

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THE HEADLINES

NERVOUS TRAVELER? YOU MAY BE NABBED BY HOMELAND SECURITY FOR “MALINTENT” WHETHER YOU KNOW IT OR NOT. (Nature) A government program, run by the Homeland Security department, that uses “physiological indicators” to ostensibly identify individuals that pose a threat has gone live in the Northeast United States, with a round of secret tests completed and [...]

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Despite An Economy Savaged By Overbuilding, Florida Lawmakers Gut Growth Laws

A glut of empty homes and dire economic consequences of the housing boom did not stop the state of Florida from ushering in a sweeping overhaul of state guidelines for development that literally shred the set of regulations in place for over 25 years. With newly elected Republican Gov. Rick Scott promising to remove “roadblocks” [...]

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U.S. Army Targeted Lawmakers With "Psychological Operations" to Obtain Troops and Money for War in Afghanistan

Rolling Stone reports that U.S. military commanders in Afghanistan used illegal “psychological operations” in order to ‘manipulate” high-ranking  members of Congress and other American and foreign dignitaries or top-ranking officials on their visits to the country. The strategy was used — successfully, as it turns out — to obtain substantial increases in funding and troops [...]

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By Jerry D. Rose Political pundits and garden variety political junkies (like me) are still poring over the results of Tuesday’s election, which appears on its face and may be underneath the skin as well to have been a terrible beating for the progressive cause in America. Angry and upset Americans have endured a campaign [...]

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