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Robert Reich, Op-Ed: "If any single person is responsible for Wall Street banks becoming too big to fail it's Sandy Weill. In 1998 he created the financial powerhouse Citigroup by combining Traveler's Insurance and Citibank. To cash in on the combination, Weill then successfully lobbied the Clinton administration to repeal the Glass-Steagall Act – the Depression-era law that separated commercial from investment banking." |
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Annie-Rose Strasser, News Report: "Denver Health Medical Center and University of Colorado Hospital haven't said what they'll do, but the hospitals are Colorado's top safety net hospitals in a state where 14 percent of residents are uninsured. Money donated from concerned citizens and the studio that released the movie The Dark Knight Rises has already totaled $2 million, the AP reported today. But that's a drop in the bucket for victims who will leave the hospital with lifelong injuries and special needs." |
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Christopher Petrella, Op-Ed: "Social geographer, David Harvey, is famous for having noted that economic crises often 'reveal the rationality of fundamentally irrational systems.' For Harvey, a crisis discloses the 'irrational rationalizers' of our contradictory capitalist arrangement. Philanthro-capitalism, or the popular practice of applying business strategies to social challenges, represents the very core of this contradiction." |
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Irfan Ahmed, News Report: "At a time when spiraling input costs and perennial shortages of irrigation water are breaking countless farmers' backs, a small village community on the outskirts of Lahore appears to have been spared. The village of Hudiara, situated close to the Wagah border, falls in the way of a natural storm water channel called the Hudiara Drain, which originates in Batala in India's Gurdaspur District and flows for nearly 55 kilometres before entering Pakistan." |
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Joe Conason, Op-Ed: "In the wake of yet another well-armed madman killing and maiming innocent Americans, we are again rediscovering the malign influence of the NRA (correctly described by Alan Berlow as the criminals' lobby). But the political salience of the Aurora tragedy extends beyond the usually sterile argument over gun control. Among the casualties there happens to be a young family whose plight illustrates another hotly debated national disgrace: the absence of universal health coverage." |
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Paul Abowd, News Report: "The RGA Right Direction PAC is a Washington, D.C.-based super PAC, registered with federal regulators to make independent expenditures supporting or opposing candidates. So what is it doing giving $1 million directly to the Republican running for governor of Indiana? The donation to Mike Pence, the largest to his campaign, appears to be a way around state laws limiting corporate contributions to candidates." |
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Amy Goodman, Video Interview: "Britain has launched its biggest peacetime security operation ever ahead of the opening of the Summer Olympics. Nearly 20,000 armed forces personnel are now providing security — almost double the number of British troops currently serving in Afghanistan. The Olympic Games are estimated to cost British taxpayers a staggering $17 billion. At the same time, Brits near the Olympic Park have been subjected to sweeping censorship laws enacted by their government at the behest of the International Olympic Committee." |
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Amy Goodman, Op-Ed: "James Holmes, the alleged shooter in the massacre in Aurora, Colo., reportedly amassed his huge arsenal with relative ease. Some of these weapons were illegal as recently as eight years ago. Legislation now before Congress would once again make illegal, if not the guns themselves, at least the high-capacity magazines that allow bullets to be fired rapidly without stopping to reload." |
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Michael Beckel, News Report: "New Jersey-based Jet Set Sports is among the sponsors of the U.S. Olympic team. It could also be described as a corporate sponsor of Republican Mitt Romney's candidacy. It's a sponsorship that comes with some unwelcome baggage for Romney. Jet Set's founder was a major player in the scandal that surrounded the 2002 Salt Lake City Olympic games — a mess that Romney has been credited with cleaning up." |
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Special Coverage: "As we enter Day 312 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." |
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Richard Conlin, Op-Ed: "The results of the SEI study provided us with solid information that there is at least one pathway to carbon neutrality that is clearly within our technical capabilities. There are many other possible pathways that were not examined, of course, and there is also a wide array of potential pathways that are not currently feasible but that could emerge as technologies evolve. And, while this report verified technical capability, it did not look at political feasibility—which may make all the difference as we actually try to implement specific strategies to maximize implementation." |
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Richard (RJ) Eskow, Op-Ed: "It was a dream come true for the austerity crowd when Great Britain's conservative/'centrist' coalition government took power in 2010. And for commentators like Slate's Anne Appelbaum it was that kind of dream. Her celebratory column reflected the orgiastic glee with which the new government's austerity plans were greeted, reveling in admiring (yes, admiring) phrases like these: 'Vicious cuts.' 'Savage cuts.' 'Swingeing (sic) cuts.' 'Axe-wielders.'" |
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