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Saturday, 19 May 2012 | |  Amy Goodman, Video Report: White-collar criminologist and former senior financial regulator William Black addresses the grassroots reaction to austerity measures in Europe -- from the "Indignados" movement in Spain to the anti-bailout elections in France and Greece -- as well as in the United States, where the Occupy movement is re-emerging as the presidential campaign gets into full gear. | | | ![]( "Five Lessons in Human Goodness from") Jeremy Adam Smith, Op-Ed: "As I watched the film and read the book, I found the story kept reminding me of classic pieces in Greater Good about the psychological and biological roots of compassion, empathy, and cooperation. The vision of human beings as fundamentally caring and connected is not merely wishful thinking on the part of Suzanne Collins, the author of the novels on which the movie is based. In fact, it's been tested by a great deal of scientific research." | | |  Ian Millhiser, News Report: All eleven of these lawmakers are Democrats. In total, 39 Democratic lawmakers have dropped ALEC. The campaign against ALEC already pressured the conservative group to eliminate its Public Safety and Elections task force, which was responsible for both voter suppression and many gun-related laws. Nevertheless, the group redoubled its focus on bills sacrificing the environment and the middle class in order to funnel even more wealth to the very wealthy. | | |  Research: "Fox Called Polls Showing More Favorable Results For Romney 'Pretty Significant.' Fox & Friends co-hosts pointed to two polls showing Romney leading Obama, describing the results as 'pretty significant' and evidence that 'Mitt Romney's popularity is surging.' None of the co-hosts quibbled over whether the polls were conducted among likely or registered voters, and no one factored in its sampling size or margin of error." | | |  Robert S. Becker, Op-Ed: Does not Romney the unfeeling, buffoonish vulgarian exemplify Lewis' introduction to Babbitt, as middle-aged, middle-brow, mid-westerner who "made nothing in particular, neither butter nor shoes nor poetry, but he was nimble in the calling of selling houses for more than people could afford to pay"? The protean Romney pitchman is just as meretricious, proving again America still blesses greed and conformity, anointing today's "severe conservative" despite the glaring contradictions with years of past centrism. | | |  Pat Garofalo, News Report: Lucas directly cited the high-profile losses of the nation's largest bank as the reason for the delay, saying he wanted to make sure the bills would not inadvertently encourage Wall Street to take on risk haphazardly. "As always, Washington has a tendency to overreact," he said in a statement. "While the news of JP Morgan's trading loss is unfortunate, the bipartisan legislation the Committee was scheduled to consider is unrelated to the cause of the trading loss | | |  Lisa Song, News Report: At least nine states have adopted new fracking regulations in the past two years. The federal rule would affect oil and gas drilling on 700 million acres of mineral resources managed by the BLM. That includes 57 million acres of private "split estate" land, where residents own the surface rights while the BLM controls the mineral resources under ground. The regulations are similar to those in an earlier version of the rule that was leaked in February except for one major difference: they don't require operators to disclose the chemicals used in fracking until after a well has been fractured. | | |  Dave Johnson, Op-Ed: "The premise of the discussion is framed as 'we need to find a way to cut entitlements' - to cut the benefits that democracy entitles citizens to receive so that the 1% can have even more. Speakers knowingly say they 'need to get away from the reporters and the glare of the camera lights' so they 'don't have to worry about public backlash' -- i.e. the transparency and accountability of democracy -- and 'come up with a deal.'" | | |  David Sirota, Op-Ed: "One of the most overused metaphors in a writer's arsenal is the one about 'walking and chewing gum at the same time.' As a hiker and Big League Chew enthusiast, I particularly hate this clich̩. Nonetheless, I feel it is fitting right now because it so perfectly summarizes the argument being made by Republicans. They now insist that America cannot simultaneously walk the walk on equal rights and also chew economic gum." | | |  Josh Harkinson, Special Coverage: "As we enter Day 244 of the Occupy movements the protests have spread not only across the country but all over the globe. Thousands of activists have descended on Wall Street these past weeks as part of the #OccupyWallStreet protest organized by several action groups. What follows is a live video stream and live Twitter feed of this event." | | |  Robert Reich, Op-Ed: "The extraordinary rise in student debt is due to two related facts: the cost of a college education continues to increase faster than inflation, and state and local spending per college student continues to drop Рthis year reaching a 25-year low. But this can't go on. If unemployment stays high for many years, if the wages of young college grads continue to fall, if the costs of college continue to rise and state and local spending per college student continues to drop, and if the college debt burden therefore continues to explode Рwell, you do the math." | | |  Jeffrey Frankel, Op-Ed: In the early 1980's, prior to the reign of exchange rate targeting, the fashion was money-supply targeting, the brainchild of the monetarist Milton Friedman. But that rule succumbed rather quickly to violent money-demand shocks, though Friedman's general argument Рthat a credible commitment to low inflation requires favoring rules over discretion Рremains very influential. Inflation targeting was best known as a rule that instructed central banks to set Рand try their best to attain Рa target range for the annual rate of change of the consumer price index (CPI). | | |  Johanna Treblin, News Analysis: Estimates suggest that at its lowest rate, the FTT would yield about 48 billion U.S. dollars across the group of countries known as the G20, with higher rates offering up to 250 billion U.S. dollars per year to offset the costs of the enduring economic, financial, fuel, climate and food crises. Not only NGOs are lobbying for it, but the tax was also discussed by the heads of states at the G20 meeting in Cannes, France, in November 2011, with Germany, France, Spain, Brazil, Argentina, South Africa, Ethiopia and the African Union all pledging their support. | | | FROM AROUND THE WEB |
Robin Hood Tax With Rage Against the Machine's guitarist, Tom Morello, 5,000 people are expected to attend rally. |
Global Economy The two day G8 meeting with world leaders was dominated mostly by the Eurozone Crisis. |
Egypt in Revolt Human Rights Watch said, "The brutal beating of both men and women protesters shows that military officers have no sense of limits on what they can do." |
War on Terror The three men charged with terrorism conspiracy have no idea why and what for. | | | | |  | | NationofChange is a 501(c)3 nonprofit organization. If you have any questions, comments, or feedback, please let us know. If you do not wish to receive future updates from NationofChange, click here to unsubscribe. | | | NationofChange and the NationofChange logo are registered trademarks of NationofChange
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