Tuesday, 10 July 2012

{Political_Views} NATION OF CHANGE/ Wall Street Executives Believe Employees Need to Engage in Illegal Behavior to Succeed




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Tuesday, 10 July 2012

Chris Hedges | How to Think

Chris Hedges, Truthdig Op-Ed: "Cultures that endure carve out a protected space for those who question and challenge national myths. Artists, writers, poets, activists, journalists, philosophers, dancers, musicians, actors, directors and renegades must be tolerated if a culture is to be pulled back from disaster. Members of this intellectual and artistic class, who are usually not welcome in the stultifying halls of academia where mediocrity is triumphant, serve as prophets."
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New Study: Fluids From Marcellus Shale Likely Seeping Into PA Drinking Water

Abrahm Lustgarten, News Report: "New research has concluded that salty, mineral-rich fluids deep beneath Pennsylvania's natural gas fields are likely seeping upward thousands of feet into drinking water supplies. Though the fluids were natural and not the byproduct of drilling or hydraulic fracturing, the finding further stokes the red-hot controversy over fracking in the Marcellus Shale, suggesting that drilling waste and chemicals could migrate in ways previously thought to be impossible."
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Dean Baker | Wall Street Speculation Tax: A Way to Address Corruption

Dean Baker, Op-Ed: "Over the past week, the business news has been filled with stories about major British banks manipulating the LIBOR rate. While these stories are undoubtedly confusing to most of the public, which is not generally familiar with the intricacies of different interest rate indexes, the basic story is fairly simple: Big banks were caught lying about interest rates in order to make big profits."
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Must We Change Our Hearts Before Throwing Off Our Chains?

Cynthia Boaz, Op-Ed: "One of the consequences of the Occupy movement's emergence onto the scene over the last nine months is the escalating disagreement about the role of various strands of nonviolence and nonviolent action in the struggle. In the process, misconceptions about nonviolent strategy are being unfortunately perpetuated by earnest adherents of principled nonviolence and require correction."
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Wall Street Executives Believe Employees Need to Engage in Illegal Behavior to Succeed

Pat Garofalo, News Report: "British and U.S. authorities are both now investigating Barclays and other banks for manipulating the London InterBank Offered Rate, an interest rate that is a benchmark for a host of financial products around the world. Big banks, of course, have continued to fight reforms to the financial regulatory framework, even in the wake of the crash of 2008. But if this survey is any indication, Wall Street needs a mentality change, along with stricter supervision."
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U.S. Urged to Increase Bomb-Clearing Aid for Laos

Jim Lobe, News Analysis: "7 Disarmament activists and former U.S. ambassadors are urging Secretary of State Hillary Clinton to increase U.S. aid to Laos to clear millions of tonnes of unexploded ordinance (UXO) left by U.S. bombers on its territory during the Indochina War during her brief visit to the country Wednesday. The visit, scheduled to last only a few hours on a hectic eight-nation tour by Clinton designed in part to underline the Barack Obama administration's 'pivot' from the Middle East to Asia, will nonetheless be historic. No sitting U.S. secretary of state has visited Laos since 1955."
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An interview with John Fullerton of Capital Institute on Banking

Laura Flanders, Video Interview: Due to the recent British banking scandal we are reminded about just how wrong-headed our assumptions about finance are. The British rate-rigging scandal has not been in hiding. People involved and responsible were suppose to be telling the truth about their own bank's borrowing power. Unfortunately, private bankers, who were expected to play fair, did not. Morality and self-interest are sadly at odds and it is not looking like it will get any better. An important question comes to mind: Is the problem with the bankers or with us?
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Apologies to Mexico

Rebecca Solnit, Op-Ed: "I apologize. There are so many things I could apologize for, from the way the U.S. biotech corporation Monsanto has contaminated your corn to the way Arizona andAlabama are persecuting your citizens, but right now I'd like to apologize for the drug war, the 10,000 waking nightmares that make the news and the rest that don't."
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Grasping For The Populist Mantle: The Conservative Response To "How Liberals Win"

Bill Scher, Op-Ed: "My argument that liberals should bargain with corporations and not outright fight them, in the New York Times opinion piece 'How Liberals Win,' is not terribly populist, for better or worse. And I expected people on the populist left would not readily accept it. But I wasn't expecting conservatives to use my piece as an opportunity to claim the populist mantle for themselves."
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Day 296: Live Coverage of the Occupy Movement

Special Coverage: "As we enter Day 296 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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How I Learned to Love My Hometown

Mindy Fullilove and Molly Rose Kaufman, Op-Ed: "Of all the places I'd lived, our six-bedroom Victorian in Englewood felt the most like home. The house was always full of family and friends. As my mom was moving out, she asked me to rent a storage unit for all the things I'd always left with her—the letters, yearbooks, and vintage dresses that couldn't fit in any of my small apartments."
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FROM AROUND THE WEB

President Obama

Middle-Class Tax Relief

U.S. president argues tax cuts made by his Republican predecessor should remain, but not for wealthy Americans.

U.S. Companies

U.S. Companies Get a Break on Pensions

A new law will let companies contribute billions of dollars less to their workers' pension funds

Politics

Using "Secret Money to Subvert the Democratic Process"

Democrats are continuing their offensive against conservative dark-money groups, arguing that they are not "social welfare" nonprofits as they claim.

Romania

Romanian Court and Impeachment

Romania's Constitutional Court gave President Traian Basescu a fighting chance of beating a referendum aimed at ousting him.
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