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I’m about to get on a plane, and I’ve only had a brief chance to look over the decision, but it appears the Supreme Court has struck down restrictions on corporate speech in political campaigns — overturning 20 years of campaign finance regulations and allowing corporations to wield unprecedented control over our elections. What [...] The AIG saga is now unfolding in ways that “professionals” would not even dream of and is snaring past and present Treasury Secretaries who rushed to bail out the failed insurer’s counterparties at 100 cents on the dollar, to the tune of $62 billion. I must admit I made a big mistake three years ago: [...] “There ought to be a huge downside,” said Buffett, whose Berkshire Hathaway Inc. is the largest shareholder in Wells Fargo & Co. “Make it so that the CEO of an institution that fails, or goes to the government and needs help, really gets destroyed himself financially. Why should he come out any better than somebody [...] Tuli Kupferberg was a mentor to all of us who grew up in the ’60s and sensed there was more to life than shuffling off to Vietnam and, if you returned, getting a job as an accountant and paying off a white picket fenced home in Levitttown. Like a Colossus he bridged the worlds [...] Obama essentially seeks to return to rules, repealed in 1999, that prevented bank holding companies from owning both commercial banks and Wall Street investment firms. Obama essentially is proposing return to the Glass-Steagall restrictions enacted after the Great Depression, which separated commercial banks and investment banks. If so and implemented, this is great news. What [...] From TPM, a huge and now disillusioned supporter of heath care reform Speaker Pelosi just said “I don’t see the votes for [passing the Senate bill] at this time.” In other words, plug pulled. Health care reform over. Would have been nice to know back in January they didn’t have the fortitude for this. Doug [...] (QuakeCare.com offers a 4-person 72 Hour Kit for $99. This is a convenient way to go, but we made our own for less.) One of the essentials of preparedness is the “72-hour kit.” This kit is a duffle (or any bag or bucket) containing food, water, clothing, and supplies sufficient for each member of [...] I squawk about Obama being way too cosy with the bankster, and he is. But – credit where credit is due – he’s been excellent on green issues. Treehugger details 11 reasons why, among them Rollback of Bush rules The stimulus bill invests in clean energy Moves EPA to regulate greenhouse gases Sets a [...] |
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