Weak Medicine: Obama's Flawed Plan for Reforming the Banks

An excerpt from Robert Kuttner's "A Presidency in Peril: The Inside Story of Obama's Promise, Wall Street's Power, and the Struggle to Control our Economic Future"
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Forging his way through the predictable UK media censorship: Dr Andrew Wakefield Responds to Measles Outbreak in Swansea
An excerpt from Robert Kuttner's "A Presidency in Peril: The Inside Story of Obama's Promise, Wall Street's Power, and the Struggle to Control our Economic Future"
Noam Chomsky is America’s greatest intellectual. His massive body of work, which includes nearly 100 books, has for decades deflated and exposed the lies of the power elite and the myths they perpetrate. Chomsky has done this despite being blacklisted by the commercial media, turned into a pariah by the academy and, by his own admission, being a pedantic and at times slightly boring speaker.
Journalist David DeGraw has put together a devastating report detailing how Wall Street continues to pillage the economy with the government's help. "The staggering level of theft continues unabated," writes DeGraw. "Our future is going up in flames and our government isn’t even making the slightest effort to put out the fire. In fact, they are purposely pouring gasoline all over it."
We'll be hearing a lot about the tea party movement on tax day. They will be angry, and some of that anger at the tax system will be justified. Like all social movements, the tea party wave is not monolithic. There are hard-core libertarians, white supremacists and partisan Republicans that are not interested in dialogue. But in my conversations with rank-and-file tea party activists, there are important points of common ground.
In the last week, we've seen -- literally viewed -- a modern example of what it means in our day to act from the heights, and we've read about another striking example of the same. The website WikiLeaks released a decrypted July 2007 video of two U.S. Apache helicopters attacking Iraqis on a street in Baghdad.
Ralph Nader’s descent from being one of the most respected and powerful men in the country to being a pariah illustrates the totality of the corporate coup. Nader’s marginalization was not accidental. It was orchestrated to thwart the legislation that Nader and his allies—who once consisted of many in the Democratic Party—enacted to prevent corporate abuse, fraud and control.
In her bestselling End of America, Naomi Wolf outlines the 10 warning signs that America is headed toward a fascist takeover. Using historical precedents, she explains how our government is mimicking those of Mussolini, Hitler and Stalin through practices like surveillance of ordinary citizens, restricting the press, developing paramilitary forces and arbitrarily detaining people.
A Greenpeace investigation has identified a little-known, privately owned US oil company as the paymaster of global warming sceptics in the US and Europe. The environmental campaign group accuses Kansas-based Koch Industries , which owns refineries and operates oil pipelines, of funding 35 conservative and libertarian groups, as well as more than 20 congressmen and senators. Between them, Greenpeace says, these groups and individuals have spread misinformation about climate science and led a sustained assault on climate scientists and green alternatives to fossil fuels. Greenpeace says that Koch Industries donated nearly $48m (£31.8m) to climate opposition groups between 1997-2008. From 2005-2008, it donated $25m to groups opposed to climate change, nearly three times as much as higher-profile funders that time such as oil company ExxonMobil. Koch also spent $5.7m on political campaigns and $37m on direct lobbying to support fossil fuels.