Laila Jazayeri of the National Council of Resistance of Iran (NCRI) has provided The Times with a transcript of testimony by US Secretary of State Clinton before the House Foreign Affairs Committee. This follows reports of concern about the fate of Camp residents when the US withdraws troops from Iraq on 31 December 2011 under […]
Next week, President Obama will travel to Wall Street to demand that the Glass-Steagall Act be resurrected and big banks be broken up. This move would be politically and economically smart, as it would distinguish Obama from likely Republican nominee Mitt Romney, who epitomizes the pump-and-dump mentality that has infected the financial industry. Romney was
In the run-up to the global financial collapse, Citigroup’s bankers worked feverishly to create complex securities. In just one year, 2007, Citi marketed more than $20 billion worth of deals backed by home mortgages to investors around the world, most of which failed spectacularly. Subsequent lawsuits and investigations turned up evidence that the bank knew
Did Citi Get a Sweet Deal? Bank Claims SEC Settlement on One CDO Clears It on All Others Read More »
Every year, hundreds of children tragically succumb to food allergies, raising alarm bells over the lack of labeling of genetically modified foods (GMOs). These products contain proteins from other plants, and as a result, allergy sufferers are unknowingly exposed to substances that can trigger reactions. Studies have shown that the prevalence of peanut allergies has
Mandatory Labeling for GMOs or An Immediate Ban? Read More »
On October 8th, the Presbyterian Church (USA) – the more liberal and tolerant branch of the denomination – conducted its first openly gay ordination. This momentous event was the culmination of a long and arduous struggle against the church’s ecclesiastical heterosexism, which previously prohibited the ordination of sexually active unmarried Presbyterians as church officers. Amendment
Presbyterian Church’s Ordination of Gays Bittersweet Read More »
The demonstrators have said they want “economic justice.” And inevitably a talking head will wonder: “What do they want?” The demonstrators will say they want economic justice. Then an anchor will say, “There’s not really a cohesive theme with these protesters.” The demonstrators will march with signs that plainly read they want economic justice. Then
Willful Deafness to Occupy Wall Street Read More »
The Occupy Wall Street (OWS) movement has been gaining momentum for the past four weeks, with Saturday’s New York and Washington base camp plazas being so full they resembled Tahrir Square in Cairo. People from all walks of life have come together to peacefully protest and demand change, including a corporate lawyer holding a sign
The Monday Line: We Are All The 99% (Occupy Wall Street and Everywhere) Read More »
So in striking down the least popular part of Obamacare – the individual mandate – the Court will inevitably bring into question one of its most popular parts – coverage of pre-existing conditions. And in so doing, open alternative ways to maintain that coverage – including ideas, like the public option, that were rejected in
Momentum Builds for Global Crackdown on Tax Loopholes Read More »
