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Davis votes to support repeal of Citizens United ruling Yesterday, the city of Davis voted unanimously to support Assembly Joint Resolution 22. The text of the resolution passed by the Davis city council can be found here. AJR 22 is working its way through California's state legislature; the bill would urge Congress to begin the process of a Constitutional Amendment in order to overturn the Citizens United Supreme Court ruling. The Citizens United Supreme Court decision is what allows Corporations and "Super PACS" to spend unlimited funds on any individual candidate or party they choose.
Davis joins New York City and Portland in calling on Congress to begin the process of a Constitutional Amendment for campaign finance reform. The effort in Davis, like in these other cities, was spearheaded by the Occupy Davis group. Occupy is developed growing momentum for repealing the Citizens United ruling that many see as swinging the door of corruption completely open. (Examiner)
How I woke up to the untruths of Barack Obama: The President's State of the Union address was as weaselly as any politician's could be.
When I happened to wake up in the middle of the night last Wednesday and caught the BBC World Service’s live relay of President Obama’s State of the Union address to Congress, two passages had me rubbing my eyes in disbelief.
The first came when, to applause, the President spoke about the banking crash which coincided with his barnstorming 2008 election campaign. “The house of cards collapsed,” he recalled. “We learned that mortgages had been sold to people who couldn’t afford or understand them.” He excoriated the banks which had “made huge bets and bonuses with other people’s money”, while “regulators looked the other way and didn’t have the authority to stop the bad behaviour”. This, said Obama, “was wrong. It was irresponsible. And it plunged our economy into a crisis that put millions out of work.”
I recalled a piece I wrote in this column on January 29, 2009, just after Obama took office. It was headlined: “This is the sub-prime house that Barack Obama built”. As a rising young Chicago politician in 1995, no one campaigned more actively than Mr Obama for an amendment to the US Community Reinvestment Act, legally requiring banks to lend huge sums to millions of poor, mainly black Americans, guaranteed by the two giant mortgage associations, Fannie Mae and Freddie Mac.
It was this Act, above all, which let the US housing bubble blow up, far beyond the point where it was obvious that hundreds of thousands of homeowners would be likely to default. Yet, in 2005, no one more actively opposed moves to halt these reckless guarantees than Senator Obama, who received more donations from Fannie Mae than any other US politician (although Senator Hillary Clinton ran him close). (London Telegraph)
NH honors elections advocate on 'Granny D Day' New Hampshire is marking "Granny D Day" and deciding whether to make it an annual event.
Last year, the Legislature passed a bill making Jan. 24, 2012, "Granny D Day" in honor of Doris "Granny D" Haddock, who was born on Jan. 24, 1910. (Associated Press)
Has Ex Goldman Sachs Staff turned Democrat Campaigner Infiltrated Occupy? Through the revolving door from Goldman Sachs to the Democrat Party, an experienced campaigner has maneuvered themselves into a position of influence with the Occupation Movement in the nations capitol. Connections with MoveOn.org, and Van Jones’ Rebuild the Dream, seem to be only the tip of the iceberg. For a movement that considers itself not only non-partisan, but anti-partisan, and entirely anathema to the corporate owned political institutions that exist, this should come as a serious blow.
Ali Savino was the initiator of Occupy DC’s Research and Policy Development Committee (RPD). This committee is responsible for not only policy development within the Occupy community, but, through the Occupy 2.0 committee, a sub group of RPD, plays a key role in establishing the future direction of the movement.
Ms. Savino works for NGP VAN in Washington, DC. Her Linkedin profile states that she works in ‘product design’ at the firm. NGP VAN’s product is political campaigns. Their web site boasts deep ties with the Democrat Party. Their Clients Page states:
NGP VAN is honored to power the fundraising, field, and new media activities for many of the leading Democratic and progressive organizations. Our software powers the Obama campaign’s voter contact, volunteer, fundraising and compliance operations in all 50 states. Clients include: ... (News Junkie Post)
NDAA Protests End In Ironic Swarm Of Arrests The absurdity of America today never ceases to amaze. In fact, it has become so elaborate that one might even suggest it has reached a kind of poetic symmetry. When a protest group is willing to stick their necks out to expose the horror of the National Defense Authorization Act and its open door strategy for unconstitutional arrest and indefinite detainment of American citizens, I have to stand up and applaud. This is the kind of protest we need to see all over the country. Of course, any establishment system which is willing to dissolve the inherent liberties of its citizens certainly isn't going to stand by quietly while they blatantly point out the injustice. The Grand Central Terminal action featured in the video below is a perfect example of the swift and immediate stifling of peaceful dissent by an increasingly totalitarian government:
Responses to the event vary. Most people who have actually been exposed to the facts on the NDAA have expressed utter disgust and fury. Rightly so. Some, however, have taken the old elitist mantra, perpetuated effectively by the Neo-Cons in their heyday, that if you are not for the system, then you are a danger to society. Not surprisingly, there are still plenty of useful idiots out there buzzing about like parasites in search of blood. (Alt Market)
Awakening to Ron Paul’s Crony Capitalism Ron Paul believes in the feudalism of the land barons and gold bankers of King George. Ron Paul believes land and money are capital. Land and money are not capital. They are the common wealth. To declare any free market currency to be legal tender is state intervention and a corruption of free markets. Title to land is state intervention and corruption of free markets. The Bible and the classical liberals understand this distinction. Ron Paul does not understand this distinction. Ron Paul wants government to allow the banks and land barons to steal the common wealth. Ron Paul does not distinguish between earned wealth and wealth stolen through economic rent and monetary interest.
My article exposing Ron Paul as a globalist seeking the old world’s one world currency is getting a lot of traffic. Unfortunately, it seems a lot of people on forums discussing the article still have not awakened to the importance of the Endgame Ron Paul represents on the Grand Chessboard of the Red Symphony.
The awakening to the crimes of the New World Order is being misdirected into the worship of one man, Ron Paul, and into a blind faith of a false economic paradigm of crony capitalism and corruption of free markets of the worst kind by government, the Austrian School of Economics, funded by the same people, the Rockefeller Foundation, who take an active part in the funding and control of the New World Order. What is really dangerous is that it is sold as the opposition to the New World Order and as the opposition to crony capitalism and corruption of free markets by the government when it was funded by the New World Order and when it is crony capitalism and corruption of free markets by the government. (Liberty Revival)
Indefinite Detention Law Hall of Shame: List of Senators Who Voted Yes on the NDAA bill Below is the list of the Senators who voted yes on the NDAA bill which provides for indefinite detention of "any person who has committed a belligerent act" (See section 1031 (b) 2 of s1867 (National Defense Authorization Act of 2012). The term "belligerent act" is extremely wide and could applied to any form of resistance including protesting in the streets or even speaking out against the U.S. government. Be sure to also visit the list of the twitter ids for the senators who voted for NDAA below. (Waiting for the Storm)
Secret Fed Loans Gave Banks $13 Billion Banks worldwide earned an estimated $13 billion by taking advantage of below-market rates on emergency U.S. Federal Reserve loans from August 2007 through April 2010. Roll over the bars below to explore details for each. To compare results with banks' net income or losses for the same timeframes, click the corresponding button. Worldwide total is the sum for 190 firms with available data; those banks lost a combined $21.6 billion.
The Federal Reserve and the big banks fought for more than two years to keep details of the largest bailout in U.S. history a secret. Now, the rest of the world can see what it was missing.
The Fed didn’t tell anyone which banks were in trouble so deep they required a combined $1.2 trillion on Dec. 5, 2008, their single neediest day. Bankers didn’t mention that they took tens of billions of dollars in emergency loans at the same time they were assuring investors their firms were healthy. And no one calculated until now that banks reaped an estimated $13 billion of income by taking advantage of the Fed’s below-market rates, Bloomberg Markets magazine reports in its January issue. (Bloomberg)
The shocking truth about the crackdown on Occupy: The violent police assaults across the US are no coincidence. Occupy has touched the third rail of our political class's venality US citizens of all political persuasions are still reeling from images of unparallelled police brutality in a coordinated crackdown against peaceful OWS protesters in cities across the nation this past week. An elderly woman was pepper-sprayed in the face; the scene of unresisting, supine students at UC Davis being pepper-sprayed by phalanxes of riot police went viral online; images proliferated of young women – targeted seemingly for their gender – screaming, dragged by the hair by police in riot gear; and the pictures of a young man, stunned and bleeding profusely from the head, emerged in the record of the middle-of-the-night clearing of Zuccotti Park.
But just when Americans thought we had the picture – was this crazy police and mayoral overkill, on a municipal level, in many different cities? – the picture darkened. The National Union of Journalists issued a Freedom of Information Act request to investigate possible federal involvement with law enforcement practices that appeared to target journalists. The New York Times reported that "New York cops have arrested, punched, whacked, shoved to the ground and tossed a barrier at reporters and photographers" covering protests. Reporters were asked by NYPD to raise their hands to prove they had credentials: when many dutifully did so, they were taken, upon threat of arrest, away from the story they were covering, and penned far from the site in which the news was unfolding. Other reporters wearing press passes were arrested and roughed up by cops, after being – falsely – informed by police that "It is illegal to take pictures on the sidewalk." (London Guardian)
More Money Can Beat Big Money Nine senators introduced a resolution early this month that would amend the Constitution to overturn the Supreme Court’s decisions in Citizens United v. Federal Election Commission (2010) and Buckley v. Valeo (1976). These two cases had restricted Congress’s power to limit contributions to political campaigns and independent political expenditures, by both individuals and corporations. Under the amendment, Congress and the states would have the power to limit both contributions and independent expenditures.
“By limiting the influence of big money in politics,” said one of the senators, Tom Harkin, an Iowa Democrat, “elections can be more about the voters and their voices, not big money donors and their deep pockets. We need to have a campaign finance structure that limits the influence of the special interests and restores confidence in our democracy.”
This proposal is just the latest verse in a very tired song. Once again, the answer to the problem of campaign finance is to “just say no.” Limit contributions. Limit independent expenditures. Limit soft money donations. No, no, no. (New York Times)
New Book: Insider Trading Rampant in Congress: Members reap benefits of policy knowledge on Wall Street In Congress, it’s easy to do the kind of stock trading that “would send the rest of us to prison,” writes Peter Schweizer in a new book on the Hill’s upside-down ethics. Members of Congress are, of course, equipped with insider knowledge about upcoming policy, and they’re able to play the market based on that knowledge, Schweizer asserts. In Throw Them All Out, the author probes the trading activities of a handful of congressional leaders of both parties, and finds evidence of questionable dealings. (Newser)
Top 1% Nabs $30B a Year in Federal 'Welfare': Sen. Coburn investigates massive handouts They’re already in the top 1%, yet they’re getting government handouts worth more than NASA’s budget. American millionaires rake in $30 billion a year from the feds, Republican Sen. Tom Coburn finds in a new report. That’s three times the EPA’s yearly allotment, yet it’s going to people like Jon Bon Jovi, who got US cash to raise bees, and Scottie Pippen, who received hundreds of thousands in agriculture subsidies while he was a Chicago Bull. Even billionaires like Ted Turner are cashing in, Newsweek reports. (Newser)
Citizens United Going Down? Democrats Introduce Constitutional Amendment To Overturn Ruling The Supreme Court may treat corporations like people who can spend whatever they want on elections, but the American people don't have to accept it, said Democratic senators who proposed a constitutional amendment Tuesday to retake control of campaign spending.
The amendment, introduced by Sen. Tom Udall (D-N.M.), doesn't directly address the justices' legal finding that corporations have a right to free speech that was curtailed by election law. Instead, it would add to the Constitution language that says Congress and the states can regulate campaign contributions and expenditures.
The amendment would effectively reverse two landmark Supreme Court decisions -- the 1976 ruling in Buckley v. Valeo, which said spending money in elections is a form of speech, and the 2010 ruling in Citizens United v. Federal Election Commission, which ruled it unconstitutional to regulate the money spent to influence elections by corporations and unions. (Huffington Post)
The Road Ahead for Occupy Wall Street To the Editor: Bill Keller misses the point of the Occupy Wall Street movement. An amalgam of issues motivates the millions of people throughout the country who have identified with the effort.
Their number includes students in debt for educations that do not lead to employment, homeowners whose property is underwater, individuals whose retirement savings are suddenly at risk, voters who see that those they elect tend to the needs of a constituency of which they are not a part, and people who see that the financial “experts” whose machinations brought down the economy are not held accountable.
These are Americans who deserve better than to be piously mocked for their lack of leadership and a constrained agenda. The incestuous liaison between financial power and elected politicians is the issue. Those who are a part of that partnership should take note that if elections don’t count and demonstrations are ignored, the Occupy movement may include civil disobedience or worse. (New York Times)
Reckless Endangerment: Totally Corrupt America Last March I reviewed Matt Taibbi’s important book Griftopia, an entertaining account of the through-going financial fraud that gave us the financial crisis. http://www.vdare.com/print/13156 Taibbi shows that the US “superpower” can match any third world backwater in the magnitude of greed and fraud that is endemic in business and government. I would not be surprised if Taibbi’s book motivated the more aware participants of Occupy Wall Street.
Taibbi’s Griftopia was published last year. This year Henry Holt publishers have provided us with Gretchen Morgenson and Joshur Rosner’s Reckless Endangerment.
Morgenson and Rosner tell the story again, but with less drama and provocation. Possibly, it might be more acceptable to those gullible Americans who wrap themselves in the flag and refuse to believe that their country could ever knowingly do anything that is wrong.
I am not suggesting that Morgenson and Rosner pull their punches. To the contrary, the authors deliver enough knockouts to be contenders with Taibbi as world champions in exposing the reckless fraud that the US financial sector and its regulators now epitomize. (Paul Craig Roberts)
Scientific case for man-made global warming fears is dead (Op Ed) Many of the proponents of man-made global warming are now claiming that climate change is worse than they predicted. According to an Oct. 18, 2011, Daily Climate article, global warming activists claim that the "evidence builds that scientists underplay climate impacts," and "if anything, global climate disruption is likely to be significantly worse than has been suggested."
But a forthcoming Climate Depot A-Z Climate Reality Check report on the failure of the science behind man-made global warming theory will shatter any such illusions that the climate is "worse than we thought." Recent scientific data and developments reveal that Mother Nature is playing a cruel joke on the promoters of man-made climate fears.
The scientific reality is that on virtually every claim, the scientific case for man-made climate fears has collapsed. The only thing "worse than we thought" is the shoddy journalism of the mainstream media, which parrots global warming activists' baseless talking points. (Washington Examiner)
Occupy-apalooza Strikes a Chord Thursday night I spoke to a young woman in Brooklyn who was having dinner and planning the next day. Between a morning boot camp workout at the local Y.M.C.A. and an evening meeting with friends for drinks, she was planning her first trek to Zuccotti Park to take part in the Occupy Wall Street protests.
“Why?” I asked. “What specifically are you protesting?” I was curious. I hoped that she’d respond with some variation of the umbrella arguments about income inequality, the evils of corporate greed and corruption or removing corporate money from politics.
She didn’t. “I don’t know. It’s just cool,” she said. She went on to tell me about how she felt that this was a movement of people with whom she felt some kinship, banding together and making history, and that she wanted to be a part of that in the same way that people from previous generations were part of the civil rights, women’s liberation and antiwar movements. (New York Times)
Why Occupy Wall Street Is Bigger Than Left vs. Right (Matt Taibbi) I was surprised, amused and annoyed all at once when I found out yesterday that some moron-provocateur linked to notorious right-wing cybergoon Andrew Breitbart had infiltrated
a series of private e-mail lists – including one that I have been participating in – and was using them to run an exposé on the supposed behind-the-scenes marionetting of the OWS movement by the liberal media.
According to various web reports, what happened was that a private "cyber-security researcher" named Thomas Ryan somehow accessed a series of email threads between various individuals and dumped them all on BigGovernment.com, Breitbart's site. Gawker is also reporting that Ryan forwarded some of these emails to the FBI and the NYPD.
I have no idea whether those email exchanges are the same as the ones I was involved with. But what is clear is that some private email exchanges between myself and a number of other people – mostly financial journalists and activists who know each other from having covered the crisis from the same angle in the last three years, people like Barry Ritholz, Dylan Ratigan, former regulator William Black, Glenn Greenwald and myself – ended up being made public. (Rolling Stone)
How politicians can kick the Wall Street habit So, protesters are occupying Wall Street and downtown banking districts in scores of other cities. Many Democratic politicos have endorsed the movement’s spirit and goals.
Now what?
The pols are in no position to enact any further left-populist reforms — laws that create, say, a financial transaction tax, or that make it easier for employees to form unions — so long as Republicans control the House and have veto power in the Senate. For that matter, the Democrats couldn’t even get those bills enacted when they controlled both houses of Congress. So what, besides affirming their solidarity with the demonstrators, can they do? (Washington Post)
The federal government is cracking down on medical marijuana California's four U.S. Attorneys, including Sacramento's US Attorney Benjamin Wagner, held a press conference Friday to announce the federal government's intention to crack down on medical marijuana dispensaries. The federal government has sent out letters to dispensaries and their landlords in San Francisco, San Diego, and Marin County. The letters state that the dispensaries are in violation of federal law, which supersedes state law, and that landlords should evict their dispensary tenants and dispensaries should close up shop within 45 days otherwise both the dispensary owners and the landlords will be arrested and prosecuted.
The four U.S. Attorneys say they aren't aiming to close every dispensary in the state; just those that are "clearly profiteering" from the medical marijuana industry. But the letters come after the news that the IRS is trying to make Harborside Health Center in Oakland, the largest medical marijuana provider, pay $2.4 million in tax penalties for trafficking in illegal drugs. The federal government is sending a message loud and clear "we are no longer going to respect state medical marijuana laws". After Obama was elected he promised to respect state laws legalizing medical marijuana. He directed U.S. prosecutors to leave the sick with medical cards alone. Obama has broken that promise. By attacking the medical marijuana dispensaries the federal government is cutting off the sick from their medicine, and thus in effect attacking the sick with medical cards and ignoring state laws.
And while the Obama administration begins the assault on medical marijuana; there is a scandal growing that has gotten little attention. In December of 2010 a border patrol agent, Brian Terry, was found killed by drug cartels in Mexico. Then in March 2011 an agent of the Alcohol, Tobacco and Firearms (ATF), a federal agency, named John Dodson blew the whistle on a program called "Fast and Furious". "Fast and Furious" is a program by the ATF to sell thousands of guns to traffickers and drug cartels in Mexico; allegedly so the federal government can build a legal case. Two guns found at the scene of Brian Terry's death were linked to the "Fast and Furious" program. Since March the Obama administration has been distancing itself from the program. (Examiner)
Wartime Contracting Set To Spike Despite Rampant Fraud And Abuse Despite recent warnings about unchecked fraud and abuse associated with wartime contracting, the number of private contractors and the costs associated with them are set to dramatically increase in the coming transition from the military to the State Department in Iraq and Afghanistan
Rep. Darrell Issa (R-CA), chairman of the House Oversight and Government Reform Committee, estimated that the State Department is set to increase its manpower in Iraq and Afghanistan from 8,000 to 17,000 — the great majority of whom will be contractors for security, medical, maintenance, aviation, and other functions.
The surge of wartime contractors comes after the Commission on Wartime Contracting issued its final report in late August that estimated that some $31 billion to $60 billion has been lost to contract waste and fraud.
“The waste and fraud associated with these expenditures is mind numbing,” Issa said Tuesday during a hearing to examine the Commission’s findings. “The State Department is building a virtual private army of security contractors in Iraq.” (Talking Points Memo)
ATF Fast and Furious: New documents show Attorney General Eric Holder was briefed in July 2010 New documents obtained by CBS News show Attorney General Eric Holder was sent briefings on the controversial Fast and Furious operation as far back as July 2010. That directly contradicts his statement to Congress.
On May 3, 2011, Holder told a Judiciary Committee hearing, "I'm not sure of the exact date, but I probably heard about Fast and Furious for the first time over the last few weeks."
Yet internal Justice Department documents show that at least ten months before that hearing, Holder began receiving frequent memos discussing Fast and Furious. (CBS)
Behind the Story: MoJo's Investigation of Terrorism Informants Maybe you've wondered, on occasion of a press conference announcing another major terrorism bust: Why does it seem as if the FBI's undercover operatives actually encouraged—even thought up—the plot? Why do the targets come off as hapless losers unable to organize so much as a poker game? How come it was the government that provided the fake conspiracy, the fake car bomb or missile, even the fake Al Qaeda oath?
Trevor Aaronson wondered, too, and because he's an investigative reporter, he decided to do something about it: look at every terrorism case the government has prosecuted since 9/11 and dig through the evidence and testimony. The result is the lead story in our new magazine cover package, "Terrorists for the FBI."
Among the project's conclusions:
Nearly half the prosecutions involved the use of informants, many of them incentivized by money (operatives can be paid as much as $100,000 per assignment) or the need to work off criminal or immigration violations.
Sting operations resulted in prosecutions against 158 defendants. Of that total, 49 defendants participated in plots led by an agent provocateur—an FBI operative instigating terrorist action.
With three exceptions, all of the high-profile domestic terror plots of the last decade were actually FBI stings.
In all, this investigation reviewed more than 500 domestic terror prosecutions (for more details, see our charts page and searchable database). How did we identify them? The federal government unwittingly helped with this research in a huge way: Attorney General Eric Holder in March 2010 testified before Congress as the Obama administration sought to put 9/11 mastermind Khalid Sheikh Mohammed on trial in Manhattan—a plan it ultimately abandoned. One of the documents submitted to Congress was a list of all successful terrorism prosecutions from 9/11 through 2009. (Mother Jones)
Is the SEC Covering Up Wall Street Crimes? Matt Taibbi: A whistle blower says the agency has illegally destroyed thousands of documents, letting financial crooks off the hook.
Imagine a world in which a man who is repeatedly investigated for a string of serious crimes, but never prosecuted, has his slate wiped clean every time the cops fail to make a case. No more Lifetime channel specials where the murderer is unveiled after police stumble upon past intrigues in some old file – "Hey, chief, didja know this guy had two wives die falling down the stairs?" No more burglary sprees cracked when some sharp cop sees the same name pop up in one too many witness statements. This is a different world, one far friendlier to lawbreakers, where even the suspicion of wrongdoing gets wiped from the record.
That, it now appears, is exactly how the Securities and Exchange Commission has been treating the Wall Street criminals who cratered the global economy a few years back. For the past two decades, according to a whistle-blower at the SEC who recently came forward to Congress, the agency has been systematically destroying records of its preliminary investigations once they are closed. By whitewashing the files of some of the nation's worst financial criminals, the SEC has kept an entire generation of federal investigators in the dark about past inquiries into insider trading, fraud and market manipulation against companies like Goldman Sachs, Deutsche Bank and AIG. With a few strokes of the keyboard, the evidence gathered during thousands of investigations – "18,000 ... including Madoff," as one high-ranking SEC official put it during a panicked meeting about the destruction – has apparently disappeared forever into the wormhole of history.
Under a deal the SEC worked out with the National Archives and Records Administration, all of the agency's records – "including case files relating to preliminary investigations" – are supposed to be maintained for at least 25 years. But the SEC, using history-altering practices that for once actually deserve the overused and usually hysterical term "Orwellian," devised an elaborate and possibly illegal system under which staffers were directed to dispose of the documents from any preliminary inquiry that did not receive approval from senior staff to become a full-blown, formal investigation. Amazingly, the wholesale destruction of the cases – known as MUIs, or "Matters Under Inquiry" – was not something done on the sly, in secret. The enforcement division of the SEC even spelled out the procedure in writing, on the commission's internal website. "After you have closed a MUI that has not become an investigation," the site advised staffers, "you should dispose of any documents obtained in connection with the MUI." (Rolling Stone)
Squelching social media after riots a dangerous idea A pretty good article that explains why censoring social media is a bad idea, and not just for first world selfish privacy concerns. I am particularly impressed by how she ties it to the worldwide struggle for internet freedoms.
In an emergency session of Parliament on Thursday, British Prime Minister David Cameron said that the violence, looting and arson sweeping his country "were organized via social media." He said his government is now considering how and whether to "stop people communicating via these websites and services when we know they are plotting violence, disorder and criminality."
On Friday, China's state-run Xinhua news agency published a commentary contrasting Cameron's latest statements with his Arab Spring-inspired speech earlier this year, in which he loftily proclaimed that freedom of expression should be respected in Tahrir Square as much as in London's Trafalgar Square.
"We may wonder why Western leaders, on the one hand, tend to indiscriminately accuse other nations of monitoring, but on the other take for granted their steps to monitor and control the Internet," Xinhua said. "For the benefit of the general public, proper Web-monitoring is legitimate and necessary." (CNN)
Stop Coddling the Super-Rich OUR leaders have asked for “shared sacrifice.” But when they did the asking, they spared me. I checked with my mega-rich friends to learn what pain they were expecting. They, too, were left untouched.
While the poor and middle class fight for us in Afghanistan, and while most Americans struggle to make ends meet, we mega-rich continue to get our extraordinary tax breaks. Some of us are investment managers who earn billions from our daily labors but are allowed to classify our income as “carried interest,” thereby getting a bargain 15 percent tax rate. Others own stock index futures for 10 minutes and have 60 percent of their gain taxed at 15 percent, as if they’d been long-term investors.
These and other blessings are showered upon us by legislators in Washington who feel compelled to protect us, much as if we were spotted owls or some other endangered species. It’s nice to have friends in high places.
Last year my federal tax bill — the income tax I paid, as well as payroll taxes paid by me and on my behalf — was $6,938,744. That sounds like a lot of money. But what I paid was only 17.4 percent of my taxable income — and that’s actually a lower percentage than was paid by any of the other 20 people in our office. Their tax burdens ranged from 33 percent to 41 percent and averaged 36 percent. (New York Times)
Rupert Murdoch's Greatest Moments in Ethics and Integrity Are we still talking about this whole phone-hacking scandal at News Corp.? That's such old news.
Tapping into the voicemails of major political figures and murder victims? Everybody did it. Top executives at one of the world's largest media companies arrested? A few bad apples. A cover-up that reaches the highest levels of the British government and law enforcement? Trumped-up charges from jealous rivals. Pie throwing in Parliament? OK, that guy must be a terrorist. Good thing Wendi clocked him.
You want Congress to investigate what News Corp. might have done in the United States? Are you some kind of Marxist?
Let's get back to what really matters. Profits are up at News Corp. And, as Rupert Murdoch assured investors yesterday, "There can be no doubt about our commitment to ethics and integrity." (Huffington Post)
The Fed Audit The first top-to-bottom audit of the Federal Reserve uncovered eye-popping new details about how the U.S. provided a whopping $16 trillion in secret loans to bail out American and foreign banks and businesses during the worst economic crisis since the Great Depression. An amendment by Sen. Bernie Sanders to the Wall Street reform law passed one year ago this week directed the Government Accountability Office to conduct the study. "As a result of this audit, we now know that the Federal Reserve provided more than $16 trillion in total financial assistance to some of the largest financial institutions and corporations in the United States and throughout the world," said Sanders. "This is a clear case of socialism for the rich and rugged, you're-on-your-own individualism for everyone else."
Among the investigation's key findings is that the Fed unilaterally provided trillions of dollars in financial assistance to foreign banks and corporations from South Korea to Scotland, according to the GAO report. "No agency of the United States government should be allowed to bailout a foreign bank or corporation without the direct approval of Congress and the president," Sanders said. (Bernie Sanders)
The Dodd-Frank Wall Street Reform and Consumer Protection Act directed GAO to conduct a one-time audit of the emergency loan programs and other assistance authorized by the Board of Governors of the Federal Reserve System (Federal Reserve Board) during the recent financial crisis. This report examines the emergency actions taken by the Federal Reserve Board from December 1, 2007, through July 21, 2010. For each of these actions, where relevant, GAO’s objectives included a review of (1) the basis and purpose for its authorization, as well as accounting and financial reporting internal controls; (2) the use, selection, and payment of vendors; (3) management of conflicts of interest; (4) policies in place to secure loan repayment; and (5) the treatment of program participants. To meet these objectives, GAO reviewed program documentation, analyzed program data, and interviewed officials from the Federal Reserve Board and Reserve Banks (Federal Reserve System).
What GAO Recommends
GAO makes seven recommendations to the Federal Reserve Board to strengthen policies for managing noncompetitive vendor selections, conflicts of interest, risks related to emergency lending, and documentation of emergency program decisions. The Federal Reserve Board agreed that GAO’s recommendations would benefit its response to future crises and agreed to strongly consider how best to respond to them.
What GAO Found
On numerous occasions in 2008 and 2009, the Federal Reserve Board invoked emergency authority under the Federal Reserve Act of 1913 to authorize new broad-based programs and financial assistance to individual institutions to stabilize financial markets. Loans outstanding for the emergency programs peaked at more than $1 trillion in late 2008. The Federal Reserve Board directed the Federal Reserve Bank of New York (FRBNY) to implement most of these emergency actions. In a few cases, the Federal Reserve Board authorized a Reserve Bank to lend to a limited liability corporation (LLC) to finance the purchase of assets from a single institution. In 2009 and 2010, FRBNY also executed large-scale purchases of agency mortgage-backed securities to support the housing market. The table below provides an overview of all emergency actions covered by this report. The Reserve Banks’ and LLCs’ financial statements, which include the emergency programs’ accounts and activities, and their related financial reporting internal controls, are audited annually by an independent auditing firm. These independent financial statement audits, as well as other audits and reviews conducted by the Federal Reserve Board, its Inspector General, and the Reserve Banks’ internal audit function, did not report any significant accounting or financial reporting internal control issues concerning the emergency programs.
The Reserve Banks, primarily FRBNY, awarded 103 contracts worth $659.4 million from 2008 through 2010 to help carry out their emergency activities. A few contracts accounted for most of the spending on vendor services. For a significant portion of the fees, program recipients reimbursed the Reserve Banks or the fees were paid from program income. The Reserve Banks relied more extensively on vendors for programs that assisted a single institution than for broad-based programs. Most of the contracts, including 8 of the 10 highest-value contracts, were awarded noncompetitively, primarily due to exigent circumstances. These contract awards were consistent with FRBNY’s acquisition policies, but the policies could be improved by providing additional guidance on the use of competition exceptions, such as seeking as much competition as practicable and limiting the duration of noncompetitive contracts to the exigency period. To better ensure that Reserve Banks do not miss opportunities to obtain competition and receive the most favorable terms for services acquired, GAO recommends that they revise their acquisition policies to provide such guidance.
FRBNY took steps to manage conflicts of interest for its employees, directors, and program vendors, but opportunities exist to strengthen its conflict policies. In particular, FRBNY expanded its guidance and monitoring for employee conflicts, but new roles assumed by FRBNY and its employees during the crisis gave rise to potential conflicts that were not specifically addressed in the Code of Conduct or other FRBNY policies. For example, FRBNY’s existing restrictions on its employees’ financial interests did not specifically prohibit investments in certain nonbank institutions that received emergency assistance. To manage potential conflicts related to employees’ holdings of such investments, FRBNY relied on provisions in its code that incorporate requirements of a federal criminal conflict of interest statute and its regulations. Given the magnitude of the assistance (US Government Accountability Office)
Overworked America: 12 Charts That Will Make Your Blood Boil Want more rage? We've got eleven charts that show how the superrich spoil it for the rest of us.
In the past 20 years, the US economy has grown nearly 60 percent. This huge increase in productivity is partly due to automation, the internet, and other improvements in efficiency. But it's also the result of Americans working harder—often without a big boost to their bottom lines. Oh, and meanwhile, corporate profits are up 20 percent. (Also read our essay on the great speedup and harrowing first-person tales of overwork.)
You have nothing to lose but your gains
Productivity has surged, but income and wages have stagnated for most Americans. If the median household income had kept pace with the economy since 1970, it would now be nearly $92,000, not $50,000. (Mother Jones)
Ending Federal Marijuana Prohibition Act of 2011 On June 23, 2011, U.S. Representatives Barney Frank (D-MA), Ron Paul (R-TX), Steve Cohen (D-TN), John Conyers (D-MICH.), Barbara Lee (D-CA) and Jared Polis (D-CO) introduced H.R. 2306, a bill to end the federal prohibition on the possession, cultivation, distribution, importation and exportation of marijuana.
This is a remarkable bill for several reasons. First, the bill would truly and completely decriminalize marijuana under federal law. Unlike state laws that reduce the penalty for possession of marijuana from a criminal offense to a summary offense or violation like a traffic offense, there would be no federal violation for possessing or growing marijuana. For example, it is not a federal offense to drive too fast on a federally-funded highway -- it is only a violation of state law. Under this bill, it becomes solely a matter of state law whether one can possess or grow or sell marijuana.
Second, by removing marijuana from the Controlled Substances Act, one of the major impediments to state medical marijuana laws would be removed! If enacted, there could no longer be any argument that the state medical marijuana law is in "conflict" with federal law. The bill does not address any issues of regulation of marijuana as a "drug" under the Federal Food, Drug, Cosmetic and Device Act. (Sterling on Justice & Drugs)
Free to Search and Seize THIS spring was a rough season for the Fourth Amendment. The Obama administration petitioned the Supreme Court to allow GPS tracking of vehicles without judicial permission. The Supreme Court ruled that the police could break into a house without a search warrant if, after knocking and announcing themselves, they heard what sounded like evidence being destroyed. Then it refused to see a Fourth Amendment violation where a citizen was jailed for 16 days on the false pretext that he was being held as a material witness to a crime.
In addition, Congress renewed Patriot Act provisions on enhanced surveillance powers until 2015, and the F.B.I. expanded agents’ authority to comb databases, follow people and rummage through their trash even if they are not suspected of a crime.
None of these are landmark decisions. But together they further erode the privilege of privacy that was championed by Congress and the courts in the mid-to-late-20th century, when the Fourth Amendment’s warrant requirement was applied to the states, unconstitutionally seized evidence was ruled inadmissible in state trials, and privacy laws were enacted following revelations in the 1970s of domestic spying on antiwar and civil rights groups.
For over a decade now, the government has tried to make us more secure by chipping away at the one provision of the Bill of Rights that pivots on the word “secure” — the Fourth Amendment’s guarantee of “the right of the people to be secure in their persons, houses, papers and effects against unreasonable searches and seizures.” (New York Times)
How An Athlete's Death Led To Shoddy Drug Laws In 1986, University of Maryland basketball star Len Bias died suddenly after a cocaine overdose. He had just been drafted by the Boston Celtics and was celebrating at a party in a university dorm room.
In a June 19 interview with Salon, Criminal Justice Policy Foundation President Eric Sterling explains how Bias' death prompted a poorly drafted mandatory-sentencing drug crime law that's still in place today. Sterling tells NPR's Neal Conan that the law has shaped the makeup of American prisons for years, penalizing crack cocaine users more harshly than those who use powder. And he would know — he helped write it. (National Public Radio)
Speaking at the Personal Democracy Forum 2011 at New York University, U.S. Senator Kirsten Gillibrand (D-NY) today announced she is supporting two new efforts in an ongoing effort to make government more transparent and accountable. Senator Gillibrand said she will co-sponsor a proposal in the U.S. Senate which would for the first time require all Senators to file electronic Federal Election Commission (FEC) reports, a practice she will voluntarily comply with beginning the next reporting period. Gillibrand is also co-sponsoring legislation requiring all public government documents be made available online or machine readable. Gillibrand has lead by example in making government more open and transparent, she was the first member of Congress to post her official daily schedule, all earmark requests and personal financial disclosure form on her official website.
Senator Gillibrand said, “It is time to bring Congress into the 21st Century. I haven’t been in Washington long, but it doesn’t take long to know that it’s broken. Everyday people are not being heard because too much business is happening behind closed doors. My agenda puts the interests of families before all else by making government more transparent, accountable, and efficient. Citizens have a right to see who is in the pocket of special interests and who is running a real grassroots campaign without delay and access any public government information on their computers or mobile devices. My agenda makes that process fully open by ensuring that transparency keeps up with technology.” (Kirsten Gillibrand)
Overlooking Oversight In late May, Congress extended three enhanced surveillance powers that were granted to the government after the 9/11 attacks — two in the Patriot Act and one from a related intelligence law. In doing so, lawmakers neatly managed to avoid any lapse in those powers. They failed miserably in their duty to carefully re-examine the provisions, trim back excesses, and add safeguards to protect civil liberties. In other words, they ignored the whole point of requiring that the provisions be periodically reviewed.
One of the renewed provisions permits a roving wiretap on terrorism suspects who switch phone numbers or providers. While this is a useful tool, the lax rules for specifying who is the subject of the wiretap could invite abuse. Another provision permits the government to examine library, bookstore and business records without having to show that the material is related to a terrorism investigation. (New York Times)
GOP fears Dennis Kucinich resolution Seeking to avoid a showdown over Libya, House GOP leaders pulled back from a floor vote on a resolution by Rep. Dennis Kucinich (D-Ohio) that would bar U.S. involvement in the NATO-led campaign to topple Muammar Qadhafi.
GOP leaders were scrambling Wednesday morning to come up with an alternative plan for considering the measure. This could include having the Armed Services or Foreign Affairs committees draft backup proposals.
Citing “lots of unrest on both sides of the aisle,” a senior House GOP aide said Republican leaders are still working through their options.
Another senior Republican staffer said House Speaker John Boehner (R-Ohio) “is concerned that if this were to come to the floor now, it would pass” and could adversely affect the NATO mission in Libya. NATO leaders on Tuesday authorized the continuation of the military campaign against Qadhafi until September. (Politico)
Smell Pot? SCOTUS Kills 4th Amendment The Supreme Court says police can enter your home without a warrant, if they smell marijuana, and if when knocking on the door, they hear what sounds like the destruction of evidence. But apparently, by making sounds like destruction of evidence like flushing a toilet, police can come in. Students for Sensible Drug Policy's Aaron Houston discusses. (Russia Today)
Nuclear Agency Is Criticized as Too Close to Its Industry In the fall of 2007, workers at the Byron nuclear power plant in Illinois were using a wire brush to clean a badly corroded steel pipe — one in a series that circulate cooling water to essential emergency equipment — when something unexpected happened: the brush poked through.
The resulting leak caused a 12-day shutdown of the two reactors for repairs.
The plant’s owner, the Exelon Corporation, had long known that corrosion was thinning most of these pipes. But rather than fix them, it repeatedly lowered the minimum thickness it deemed safe. By the time the pipe broke, Exelon had declared that pipe walls just three-hundredths of an inch thick — less than one-tenth the original minimum thickness — would be good enough.
Though no radioactive material was released, safety experts say that if enough pipes had ruptured during a reactor accident, the result could easily have been a nuclear catastrophe at a plant just 100 miles west of Chicago.
Exelon’s risky decisions occurred under the noses of on-site inspectors from the federal Nuclear Regulatory Commission. No documented inspection of the pipes was made by anyone from the N.R.C. for at least the eight years preceding the leak, and the agency also failed to notice that Exelon kept lowering the acceptable standard, according to a subsequent investigation by the commission’s inspector general. (New York Times)
New terrorism alert system will offer specific warnings A new terrorism warning system will provide the public with information on specific threats, replacing the color-coded alerts put in place after the September 11, 2001, attacks, Homeland Security Secretary Janet Napolitano said Wednesday.
In announcing the new system at New York City's Grand Central Terminal, commonly known as Grand Central Station, Napolitano said a main goal was to provide better understanding of the nature of the specific threat, what people should do in reaction to it and how they could help security officials in responding.
"It will provide alerts based on specific, credible information about potential terrorist activity," Napolitano said, adding that the alerts would contain "as many details as we can provide." (CNN)
Boehner seeks to divert funds for gay marriage fight House Speaker John Boehner said he intends to divert funding from the Justice Department to the U.S. House so Congress can defend the federal law that bars recognition of same-sex marriage.
The Ohio Republican disclosed this in a letter to House Minority Leader Nancy Pelosi, D-Calif., who is strongly opposed to Congress going to court to defend the 1996 law. An estimate on court costs was not given.
Pelosi shot back, saying Boehner has not answered her central question about the costs to mounting a defense to the law. "The House of Representatives need not enter into this lengthy and costly litigation," she responded.
Earlier this year, Attorney General Eric Holder announced that Obama administration would no longer defend the constitutionality of the federal Defense of Marriage Act, a Clinton-era law that defines marriage as between a man and a woman. The law also says that states cannot be forced to recognize same-sex marriages from other states. (USA Today)
America's two-class tax system: Records bear out that corporations and the wealthy live by a different set of U.S. rules from everyone else. Eric Cantor, who has represented a section of Richmond, Va., in Congress since 2001 and now is the House majority leader, appears to want to craft a permanent U.S. tax system that caters exclusively to those at the top. So does Michele Bachmann, the Republican representative from Minnesota, a onetime tax lawyer who hopes to make a run for the White House. Likewise, Tim Pawlenty, the former two-term Republican governor of Minnesota, who also sees himself sitting in the Oval Office. Needless to say, none state their proposals like that. But that's the way their numbers and provisions add up.
Like others in Congress and the media, Cantor, Bachmann, and Pawlenty insist that American businesses are paying too much in corporate income tax. They claim the onerous tax burden is killing jobs and forcing companies to move abroad. To reverse the nation's fortunes, they say, all Washington need do is slash the corporate tax rate, thereby reducing the amount of taxes these businesses are forced to pay. What's scary is a growing number of citizens believe them.
That means a forecast made years ago by William J. Casey, a wily Republican from another era who liked to dabble in the intelligence world's black arts inside and outside the country, and who helped craft the election of Ronald Reagan, is coming true. After taking office, President Reagan installed Casey as head of the CIA in 1981. After his first staff meeting at the agency, Casey was quoted as saying:
"We'll know our disinformation program is complete when everything the American public believes is false."
One of the more egregious falsehoods being peddled by the corporate tax cutters is that companies doing business in the United States are taxed at an exorbitant rate. Not so. Though the United States has one of the highest statutory rates on the books at 35 percent, the only fair way to measure what companies actually pay is their effective rate
what they ultimately pay after deductions, credits, and assorted write-offs. By that yardstick, companies in the United States consistently pay taxes at rates lower than corporations in Japan and many nations in Europe. (The Philadelphia Inquirer)
CIA officer: US depended on tyrannies The United State’s intervention in Libya has been called a humanitarian effort by officials, but the true intentions of the American government can be not-so-easily explained by examining the country’s actions overseas.
“The best thing for the United States is to back away and let the cards fall where they may,” says Michael Scheuer. "If Israel disappears, if Palestine disappears…who cares?" A former intelligence officer with the CIA who, like many, insists that the US’ intervention in Libya isn’t doing any good for anyone. Despite America’s insistence that their involvement in the Middle East is for the better of the citizen’s of Libya, the United States is only accentuating its reputation as the bad guy, says Scheuer.
“We’re just trying to fool the Muslim world…but the Muslim world is much smarter than that,” says Scheuer, who has written extensively on Islam and America’s relation with Muslim countries. Scheuer says that the United States is known for attacking countries that have oil and that their involvement in Libya is being enacted to serve America, not the Middle East. This, the author says, only confirms what Osama Bin Laden has always inferred about America. (Russia Today)
Obama's Off Base Maddow:
A Democratic President kicks his base in the teeth on something as fundamental as civil liberties—he puts the nail in the coffin of a civil liberties promise he made on his first full day in office—and he does it on the first day of his re-election effort. And Beltway reaction to that is... huh, good move. That's the difference between Republican politics and Democratic politics. The Republicans may not love their base, but they fear them and play to them. The Democratic Party institutional structures of D.C., and the Beltway press in particular, not only hate the Democratic base—they think it's good politics for Democratic politicians to kick that base publicly whenever possible. Only the base itself will ever change that.
Greenwald:
One thing is for certain: right now, the Democratic Party is absolutely correct in its assessment that kicking its base is good politics. Why is that? Because they know that they have inculcated their base with sufficient levels of fear and hatred of the GOP, so that no matter how often the Party kicks its base, no matter how often Party leaders break their promises and betray their ostensible values, the base will loyally and dutifully support the Party and its leaders (at least in presidential elections; there is a good case that the Democrats got crushed in 2010 in large part because their base was so unenthusiastic).
In light of that fact, ask yourself this: if you were a Democratic Party official, wouldn't you also ignore—and, when desirable, step on—the people who you know will support you no matter what you do to them? (The Stranger)
Bruce Fein: Articles of Impeachment for tyrant Obama III.
USURPATION OF THE WAR POWER OVER LIBYA
47. President Barack Obama’s military attacks against Libya constitute acts of war.
48. Congressman J. Randy Forbes (VA-4) had the following exchange with Secretary of Defense Robert Gates during a March 31, 2011 House Armed Services Committee Hearing on the legality of the present military operation in Libya:
Congressman Forbes: Mr. Secretary, if tomorrow a foreign nation intentionally, for whatever reason, launched a Tomahawk missile into New York City, would that be considered an act of war against the United States?
Secretary Gates: Probably so.
Congressman Forbes: Then I would assume the same laws would apply if we launched a Tomahawk missile at another nation—is that also true?
Secretary Gates: You’re getting into constitutional law here and I am no expert on it.
Congressman Forbes: Mr. Secretary, you’re the Secretary of Defense. You ought to be an expert on what’s an act of war or not. If it’s an act of war to launch a Tomahawk missile on New York City would it not also be an act of war to launch a Tomahawk missile by us at another nation?
Secretary Gates: Presumably.
49. Since the passage of United Nations Security Council resolution 1973 on March 19, 2011, the United States has detonated over 200 tomahawk land attack cruise missiles and 455 precision-guided bombs on Libyan soil.
50. Libya posed no actual or imminent threat to the United States when President Obama unleashed Operation Odyssey Dawn.
51. On March 27, 2011, Secretary of Defense Robert Gates stated that Libya never posed an “actual or imminent threat to the United States.” He further stated that Libya has never constituted a “vital interest” to the United States.
52. United Nations Security Council resolution 1973 directs an indefinite United States military quagmire in Libya, authorizing “all necessary measures” to protect Libyan civilians, which clearly contemplates removal by force of the murderous regime of Col. Muammar Qadhafi.
53. In a Letter From the President to the Speaker of the House of Representatives and the President Pro Tempore of the Senate sent March 21, 2011, President Barack Obama informed Members of Congress that “U.S. forces have targeted the Qadhafi regime’s air defense systems, command and control structures, and other capabilities of Qadhafi’s armed forces used to attack civilians and civilian populated areas. We will seek a rapid, but responsible, transition of operations to coalition, regional, or international organizations that are postured to continue activities as may be necessary to realize the objectives of U.N. Security Council Resolutions 1970 and 1973.”
54. In his March 21, 2011 letter, President Barack Obama further informed Members of Congress that he opted to take unilateral military action “…in support of international efforts to protect civilians and prevent a humanitarian disaster.”
55. President Barack Obama has usurped congressional authority to decide on war or peace with Libya, and has declared he will persist in additional usurpations of the congressional power to commence war whenever he decrees it would advance his idea of the national interest. On March 28, 2011, he declared to Congress and the American people: “I have made it clear that I will never hesitate to use our military swiftly, decisively, and unilaterally when necessary to defend our people, our homeland, our allies, and our core interests” (emphasis added).
56. President Obama’s humanitarian justification for war in Libya establishes a threshold that would justify his initiation of warfare in scores of nations around the globe, including Iran, North Korea, Syria, Sudan, Myanmar, China, Belarus, Zimbabwe, Cuba, and Russia.
57. In Olmstead v. United States, 277 U.S. 438 (1928), Justice Louis D. Brandeis wrote on behalf of a majority of the United States Supreme Court:
Experience should teach us to be most on our guard to protect liberty when the Government’s purposes are beneficent. Men born to freedom are naturally alert to repel invasion of their liberty by evil-minded rulers. The greatest dangers to liberty lurk in insidious encroachment by men of zeal, well meaning but without understanding.
58. President Barack Obama has signed an order, euphemistically named a “Presidential Finding,” authorizing covert U.S. government support for rebel forces seeking to oust Libyan leader Muammar Gaddafi, further entangling the United States in the Libyan conflict, despite earlier promises of restraint. Truth is invariably the first casualty of war.
59. In response to questions by Members of Congress during a classified briefing on March 30, 2011, Secretary of State Hillary Clinton indicated that the President needs no Congressional authorization for his attack on the Libyan nation, and will ignore any Congressional attempt by resolution or otherwise to constrain or halt United States participation in the Libyan war.
60. On March 30, 2011, by persistent silence or otherwise, Secretary Clinton rebuffed congressional inquiries into President Obama’s view of the constitutionality of the War Powers Resolution of 1973. She failed to cite a single judicial decision in support of President Obama’s recent actions, relying instead on the undisclosed legal opinions of White House attorneys.
61. President Barack Obama, in flagrant violation of his constitutional oath to execute his office as President of the United States and preserve and protect the United States Constitution, has usurped the exclusive authority of Congress to authorize the initiation of war, in that on March 19, 2011 President Obama initiated an offensive military attack against the Republic of Libya without congressional authorization. In so doing, President Obama has arrested the rule of law, and saluted a vandalizing of the Constitution that will occasion ruination of the Republic, the crippling of individual liberty, and a Leviathan government unless the President is impeached by the House of Representatives and removed from office by the Senate.
In all of this, President Barack Obama has acted in a manner contrary to his trust as President and subversive of constitutional government, to the great prejudice of the cause of law and justice and to the manifest injury of the people of the United States. (Prison Planet)
San Francisco Rainwater: Radiation 181 Times Above US Drinking Water Standard Radiation from Japan rained on Berkeley, California, during recent storms at levels that exceeded drinking water standards by 181 times. A rooftop water monitoring program managed by the University of California at Berkeley’s Department of Nuclear Engineering detected substantial spikes in rain-borne iodine-131 during those torrential downpours. The levels exceeded federal drinking water thresholds, known as Maximum Contaminant Levels -- or MCLs -- by as much as 181 times or 18,100%. Iodine-131 is one of the most cancer-causing toxic radioactive isotopes spewed when nuclear power plants are in meltdown. It is being ingested by cows, which have begun passing it through into their milk and radioactivity has been detected. [Multiple Sources]
Specific Scientific Data
The iodine-131 level in the rainwater sample taken on the roof of Etcheverry Hall on the campus of UC Berkeley on March 23rd, 2011, from 9:06-18:00hrs Pacific Daylight Time (PDT) states radioactivity levels at 20.1 Becquerels per Litre (Bq/L) = 543 PicoCuries per Litre (pCi/L). The federal maximum level of iodine-131 allowed in drinking water is 3 pCi/L or 0.111 Becquerels per Litre. The sample exceeded the federal guidelines for drinking water by 181 times. The UC Berkeley researchers also discovered trace levels of iodine-131 and other radioactive isotopes, believed to have originated in Fukushima, in commercially available milk and in a local stream within California. [UC Berkeley] (Business Insider)
Why is the Federal Reserve Propping Up the Bank of Libya? Vermont Senator Bernie Sanders has for months been leading the charge to expose the sweetheart deals the Federal Reserve has worked out for multinational banks and corporations at the same time that working Americans, small businesses, local governments and schools boards struggle to stay afloat financially.
Sanders has tried to make the point that it is simply absurd for the Fed to bail out foreign firms and bad banks and to provide them with low-interest loans at the same time that they are reaping massive profits – and at the same time that federal, state and local governments are supposedly broke. (The Nation)
C.I.A. Agents in Libya Aid Airstrikes and Meet Rebels The Central Intelligence Agency has inserted clandestine operatives into Libya to gather intelligence for military airstrikes and to contact and vet the beleaguered rebels battling Col. Muammar el-Qaddafi’s forces, according to American officials.
While President Obama has insisted that no American military ground troops participate in the Libyan campaign, small groups of C.I.A. operatives have been working in Libya for several weeks as part of a shadow force of Westerners that the Obama administration hopes can help bleed Colonel Qaddafi’s military, the officials said.
In addition to the C.I.A. presence, composed of an unknown number of Americans who had worked at the spy agency’s station in Tripoli and others who arrived more recently, current and former British officials said that dozens of British special forces and MI6 intelligence officers are working inside Libya. The British operatives have been directing airstrikes from British jets and gathering intelligence about the whereabouts of Libyan government tank columns, artillery pieces and missile installations, the officials said.
American officials hope that similar information gathered by American intelligence officers — including the location of Colonel Qaddafi’s munitions depots and the clusters of government troops inside towns — might help weaken Libya’s military enough to encourage defections within its ranks.
In addition, the American spies are meeting with rebels to try to fill in gaps in understanding who their leaders are and the allegiances of the groups opposed to Colonel Qaddafi, said United States government officials, speaking on the condition of anonymity because of the classified nature of the activities. American officials cautioned, though, that the Western operatives were not directing the actions of rebel forces. (New York Times)
EPA to Help Mainstream Media Obscure The Truth About Radiation Exposure to Americans As Americans focus on March Madness and Dancing With the Stars instead of the radioactive plume spreading all across the country, the US EPA (Environmental Protection Agency) is attempting to make the mainstream media cover up of the Fukushima cloud a bit easier.
The agency now notorious for its infamous claim that the air was safe to breathe after 9/11 is now seeking to raise the PAGs (Protective Action Guides) to levels vastly higher than those at which they are currently set allowing for more radioactive contamination of the environment and the general public in the event of a radioactive disaster.
PAGs are policies established by the EPA that guide the agency in enforcing the various environmental laws such as the Clean Air and Water Act in the invent of a radioactive emergency such as a nuclear/dirty bomb or factory meltdown like that occurring in Japan.
The EPA had already established PAGs in this area in 1992. They can be found here. However, the agency now plans to amend and revise these standards this year.
Because regulatory agencies form their own policies (although they can be directed by either the President or the Congress), there is no requirement to seek Congressional approval for these changes. All that is required is that the agency place the proposed changes in the Federal Register for public comment before it finalizes its draft into legal policy.
According to PEER (Public Employees for Environmental Responsibility, the new standards would drastically raise the levels of radiation allowed in food, water, air, and the general environment. PEER, a national organization of local, state, and federal employees who had access to internal EPA emails, claims that the new standards will result in a “nearly 1000-fold increase for exposure to strontium-90, a 3000 to 100,000-fold hike for exposure to iodine-131; and an almost 25,000 rise for exposure to radioactive nickel-63” in drinking water. This information, as well as the emails themselves were published by Collapsenet on March 24. (Activist Post)
Libya army transport deal frozen after US approval In the months before Libyans revolted and President Barack Obama told leader Moammar Gadhafi to go, the U.S. government was moving to do business with his regime on an increasing scale by quietly approving a $77 million dollar deal to deliver at least 50 refurbished armored troop carriers to the dictator's military.
Congress balked, concerned the deal would improve Libyan army mobility and questioning the Obama administration's support for the agreement, which would have benefited British defense company BAE. The congressional concerns effectively stalled the deal until the turmoil in the country scuttled the sale. Earlier last week, after all military exports to the Gadhafi regime were suspended, the State Department's Directorate of Defense Trade Controls informed Capitol Hill that the deal had been returned without action — effectively off the table, according to U.S. officials who spoke on condition of anonymity to describe the deal's sensitive details.
State Department spokesman Mark C. Toner said the proposed license was suspended along with the rest of "what limited defense trade we had with Libya."
The Gadhafi regime's desire to upgrade its troop carriers was so intense that a Libyan official told U.S. diplomats in Tripoli in 2009 that the dictator's sons, Khamis and Saif, both were demanding swift action. Khamis, a commander whose army brigade reportedly attacked the opposition-held town of Zawiya with armored units and pickup trucks, expressed a "personal interest" in modernizing the armored transports, according to a December 2009 diplomatic message disclosed by WikiLeaks, the whistleblower website. (Associated Press)
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