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2/19/2012
Justices Signal High Court May Rethink Citizens United: Ginsburg, Breyer say real-world results rebut original ruling The Supreme Court on Friday blocked a Montana Supreme Court ruling against corporate campaign funding, appearing once again to support the unlimited corporate spending it allowed with the Citizens United case of 2010. But maybe not? Comments in Friday's order by justices Ruth Bader Ginsburg and Stephen Breyer hint that they're unhappy with the results of that infamous case, reports the Washington Post. (Newser)
US Cops Eye Drone Patrols: FAA preparing new rules to allow domestic use of drones Meet your science-fiction future. Drones may soon be deployed over your sky, courtesy of your local police force. The Federal Aviation Administration is in the process of paving the way for use of the terror-busting devices on domestic soil, reports the Los Angeles Times. And it's not only police, but farmers and utility companies that could soon be deploying drones. "It's going to happen," said Dan Elwell, vice president of civil aviation at the Aerospace Industries Association. "Now it's about figuring out how to safely assimilate the technology into national airspace." (Newser)
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)
Occupy Oakland Deposits $20K at ... Wells Fargo: But don't worry, it's only for a little while! So much for Bank Transfer Day and, you know, railing against Wall Street: Occupy Oakland took its $20,000 straight to Wells Fargo, the fourth-largest bank holding company in the US. The group’s general assembly agreed—just about unanimously—to temporarily put the large donation from Occupy Wall Street into the big bank Monday, the San Francisco Examiner reports. Not surprisingly, the 162-8 vote (16 abstained) led to outrage on Twitter.
(Newser)
Osama bin Laden's Son May Have Escaped: Widows' claim adds to confusion over raid One of Osama bin Laden's sons may have escaped the raid by Navy SEALs, according to ABC News and British papers the Telegraph and Daily Mail. It seems more guesswork than anything at this point, though. Bin Laden's three widows have reportedly told Pakistani authorities that one son has not been seen since the raid. The best guess is that they're referring to bin Laden's youngest son, Hamza, thought to be around 19 or 20 and a close confidante of his father. His mother is one of the detained widows. (Newser)
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