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Forging his way through the predictable UK media censorship: Dr Andrew Wakefield Responds to Measles Outbreak in Swansea
May 17, 2010 The tide has dramatically turned in favor of financial reform. As the Dodd bill has worked its way through the Senate, many Republicans joined Democrats to approve strengthening amendments that were politically unthinkable just a few weeks ago. Several more will be considered next week, prior to final passage.
May 13, 2010 The financial crisis has unveiled a new set of public villains—corrupt corporate capitalists who leveraged their connections in government for their own personal profit. During the Clinton and Bush administrations, many of these schemers were worshiped as geniuses, heroes or icons of American progress. But today we know these opportunists for what they are: Deregulatory hacks hellbent on making a profit at any cost. Without further ado, here are the 10 most corrupt capitalists in the U.S. economy.
May 13, 2010 "Drill, baby, drill!" Those were the words that Sarah Palin used to electrify the 2008 Republican National Convention. But while she popularized that environment-be-damned slogan, it had already defined the eight years of oil-drilling policy that prevailed during the presidency of George W. Bush. Those red state voters of Alabama, Mississippi and Louisiana whose livelihood is now threatened by the idiocy of that unfettered deregulatory stance might well be having second thoughts. So, too, those Democratic Party opportunists who h
May 11, 2010 Gulf oil spill adds pressure for release of "proprietary database" behind DOE's optimism. The U.S. Department of Energy has long disavowed peak oil theory: the notion that annual world oil production will peak, plateau, and then enter a decline. But the agency’s stance appears increasingly at odds with the future predicted by many world energy analysts, including the US military. In February, the United Kingdom Industry Taskforce on Peak Oil and Energy Security—a group comprised in part by renewable energy companies—published a report warning that global peak oil would probably occur within the next decade.
May 11, 2010 Buoyed by the thrill of seeing Goldman Sachs squirm just a little at the witness table it may be that a financial “reform” bill emerges from congress some time this summer. Without a doubt, human wave assaults by Wall Street’s famously effective lobbyists will produce many amendments and alterations to the draft legislation currently under debate. Some of these may be momentous in effect yet scarcely visible to anyone but a securities lawyer – think the Commodity Futures Modernization Act, slipped through congress without debate in December 2000, that unleashed credit default swaps on a defenseless world. Other compromises congenial to the financial industry have already been incorporated in Senator Chris Dodd’s Senate Banking Committee bill, with little prospect of reversal. Chief among these is the internment of the proposed Consumer Finance Protection Agency within the Federal Reserve – an early Dodd concession to the Republicans.
May 11, 2010 If President Obama has his way, Elena Kagan will replace John Paul Stevens -- and the Supreme Court will move rightward. The nomination is very disturbing, especially because it's part of a pattern.
May 10, 2010 This is a whole new level of global moral hazard – the result of an alliance of convenience between troubled governments in the south of Europe and the north European banks (and implicitly, north American banks) who enabled their debt habit. The Europeans promise to unveil a mechanism this week that will “prevent abuse” by borrowing countries, but it is hard to see how this would really work in Europe today.
May 10, 2010 President Barack Obama has chosen Elena Kagan to fill the vacancy left by Justice John Paul Stevens' retirement. Sadly, Kagan cannot fill Justice Stevens' mighty shoes.
May 7, 2010 In its response to a freedom-of-information suit last week, the state admitted that there is specific list of goods permissible for import to Strip.
May 7, 2010 The need for greater linkages between the environmental, peace and Wall Street reform movements grow by the day in the face of the epic oil spill caused by British Petroleum, a multinational firm tied to Goldman Sachs and Halliburton in oil wars from the Gulf of Mexico to the Persian Gulf.
