News & Comment
Blogs and Opinion
The Financial Crisis Inquiry Commission: Meaningful or Milquetoast? by Les Leopold, OurFuture.org | January 11, 2010Every once in a long while a commission can change America. The 1954 Army-McCarthy hearings destroyed Senator Joe McCarthy by revealing his out-right viciousness and insincerity through the new media of television. The Watergate hearings helped to bring down a president. And the Pecora hearings in 1933 uncovered Wall Street scam after scam that enriched the bankers who crashed the financial system. read more »
- Time Magazine's naming Ben Bernanke "Man of the Year" is a little bit like celebrating an arsonist for his heroics in putting out a fire that he set. Bernanke has done creative and bold work in staving off a fianancial free fall. But he would also be on any list of the 10 people most responsible for creating the free fall. read more »
- Federal Reserve Chairman Ben Bernanke employed his characteristic smoothness and conciliatory nature as he navigated the questioning at today's confirmation hearing before the Senate Banking Committee, helped by the largely gentle questioning by Democrats on the committee. Ironically, the most pointed progressive critique of Bernanke's stewardship of the Fed did not come from any of the Democrats but from the far right. read more »
- Senator Bernie Sanders has announced he will put a hold on the Bernanke nomination. Sanders wants the Finance Committee to hold serious hearings probing Bernanke's actions leading up to the financial collapse, and the emergency measures he took, committing literally trillions to bolster private financial institutions without a vote of Congress. read more »
- In this video, Robert Borosage lists the questions that members of the Senate must get answers from Ben Bernanke on if he is to earn re-appointment to chair the Federal Reserve. A related action campaign emailed to Campaign for America's Future supporters calls on them to tell their senators: "Before You Appoint Ben, Audit Ben." read more »
- Thursday December 3 is the date of both the President’s Jobs Summit and the reconfirmation hearing of Federal Reserve Chairman, Ben Bernanke. We should seize the opportunity to examine the statute that creates the Federal Reserve: read more »
Obama’s Jobs Summit and Bernanke’s Reappointment: Connect The Dots by Eric Lotke, OurFuture.org | November 30, 2009How ironic that President Obama’s jobs summit should be scheduled on the same date (Thursday, December 3) that the Senate Banking Committee has scheduled the reconfirmation hearing of Federal Reserve Chairman, Ben Bernanke. read more »
- Reps. Ron Paul and Alan Grayson are trying to get the Federal Reserve audited. Last week the House Financial Services Committee passed an amendment to their financial regulatory reform bill that would mandate an audit. read more »
In The Fed We Trust? Will The Senate Reward The Architect Of The Wall Street Bailout? by Robert Borosage , OurFuture.org | November 25, 2009Will the Senate vote another term for Ben Bernanke as head of the Federal Reserve? Should it? read more »
- There was a major victory for accountability this week in the financial reform fight, but there was also a demonstration that when it comes to protecting the profits of bankers at the expense of ordinary people, no institution does it better than the Party of No. read more »
Occupy Protest: Vacant Homes Take Over To Protect Dispossessed Americans, alternet.org | December 8, 2011
In a supposedly capitalist society with the notion of efficient distribution of goods and services through hard work and free market forces there is something exquisitely poetic in wasted US human capital occupying wasted US material capital to achieve those more »
Massive Fraud: Watchdog critical of SEC hedge fund probe, Marketwatch | December 1, 2011
OK America, your legal system has been trashed. Your constitution has been trashed. Whats next?
"WASHINGTON (MarketWatch) — The Securities and Exchange Commission’s watchdog released a report Wednesday examining an anonymous tip explaining that agency staffers discovered a “massive fraud” by a hedge fund manager and never pursued it. "
Occupy Wall Street: you can't evict an idea whose time has come, The Guardian | November 15, 2011
Now is the time.... Right Now....
At 2.43am, the New York Observer reported that photographers with credentials were barred from Liberty Square. Seconds later the director of editorial operations at Gawker reported that a CBS news chopper were ordered out of the sky by the NYPD. New York Times journalist Jarid Malsin went to jail in zipties.
Occupy Oakland throng closes down port, sfgate.com | November 3, 2011
Thousands of people jammed into downtown Oakland on Wednesday for a general strike called by Occupy Oakland to protest economic inequity and corporate greed - then marched en masse to the Port of Oakland and shut it down. more »
Church Of England Opens Doors and Dialogue With Occupy Protestors , The Guardian | November 1, 2011
The Church Of England is an institution with global reach and it has concluded that far from closing its doors and evicting London's occupy protestors it should open its doors and listen to them. more »
Regulators Investigating MF Global for Missing Money, dealbook.nytimes.com | November 1, 2011
By BEN PROTESS, MICHAEL J. DE LA MERCED and SUSANNE CRAIG more »
1% Get The Dream 99% Get The Nightmare, Huffington Post | November 1, 2011
Torture: Private Prosecution against George W. Bush On Canadian Arrival, globalresearch.ca | October 25, 2011
Should crimes committed in the Bush II era in our name be quietly forgotten?
No, and here is why: more »
Occupy Wall Street protesters march against police brutality, The Guardian | October 1, 2011
Watching someone get pepper sprayed for lawfully expressing their opinion brings the nature of the beast into full view.
I hope the victim's eyes recovered OK, paradoxically the sheer arrogant brutality was the eye opener. more »
'Occupy Wall Street' Fighting Bankster Greed and the Surveillance State, alternet.org | September 29, 2011
The crackdown on the Wall Street protesters this weekend seems to have backfired. The campsite-cum-experiment in radical democracy is still there, holding general assemblies just shouting distance from Goldman Sachs and the Wall Street bull. more »