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Two Senators Try to Slam the Door on Bank Bailouts

Two Senators Try to Slam the Door on Bank Bailouts | DidYouCheckFirst | Scoop.it
Two senators know they’ll have to fight big banks to achieve passage of a bill to protect taxpayers from future bailouts.
Greg Russak's insight:

"A little over a month ago, the Senate held a nonbinding vote on the problems posed by megabanks. Its members voted 99 to 0 to “to end ‘too big to fail’ subsidies or funding advantage for Wall Street megabanks.”

Brown-Vitter would achieve those goals while also protecting taxpayers. As such, it will be interesting to see which senators retreat from their earlier positions by refusing to support the bill. Constituents on the alert for hypocrisy, take note." - Gretchen Morgenson, NY Times

 

For a different take on Brown-Vitter there's this: 

 

"Even so, the bill will of course face enormous resistance, and not just from the bank lobbyists who seem reflexively to oppose any measure to overhaul their industry. There are analysts who want to do more to rein in the banks, but who think the senators are naïve, or intellectually lacking, to think that today’s complex financial system can be made safer with their seemingly simple fixes. They have a point." - Peter Eavis, NY Times DealBook

See: http://dealbook.nytimes.com/2013/04/26/the-seductive-simplicity-of-a-new-banking-bill/

 

I tend to think it's time to give the "naive" approach a try. The banking industry has proven that they cannot self-regulate and they cannot be trusted. Ratings agencies may as well be on banking payrolls. The status quo is what got us into the mess, and from what I've read about Basel III and even Dodd-Frank, they still feel a little too much like having the foxes guarding us ordinary citizens trapped in our financial henhouses.

 

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Greg Russak's comment, April 28, 2013 10:43 AM
I've been impressed by his leadership, too, Marilee.

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Seattle City Council Unanimously Opposes Fast-Track for the Trans-Pacific Partnership

Seattle City Council Unanimously Opposes Fast-Track for the Trans-Pacific Partnership | DidYouCheckFirst | Scoop.it
The Seattle city council just unanimously passed a resolution that comprises some of the strongest statements about the Trans-Pacific Partnership—and its twin proposal to speed the deal through Congress—a local governmental body has made. The TPP, a giant, hardly-transparent international trade deal currently being negotiated by the federal government, has inspired loud opposition from environmental and labor groups. Despite what little we know about the deal, it would appear that all nine council members are...
Greg Russak's insight:

Way to go Seattle!!!

That's what I call leadership!!!

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Apple CEO Tim Cook Pens Op-Ed Calling on Corporations to Oppose Surge of Indiana-Like Bills Across Country

Apple CEO Tim Cook Pens Op-Ed Calling on Corporations to Oppose  Surge of Indiana-Like Bills Across Country | DidYouCheckFirst | Scoop.it
“A wave of legislation, introduced in more than two dozen states, would allow people to discriminate against their neighbors,” Cook writes in the Washington Post
Greg Russak's insight:

I honestly can't believe there isn't 100% outrage about what Gov Pence and the Indiana legislation has done. 

 

Has the right-wing in this country finally and completely abandoned its last shreds of humanity? 

 

Sure looks that way to me.

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Breathtaking Video Gives You In-Depth Look at Iconic Yosemite National Park » EcoWatch

Breathtaking Video Gives You In-Depth Look at Iconic Yosemite National Park » EcoWatch | DidYouCheckFirst | Scoop.it
Filmmakers Colin Delehanty and Sheldon Neill hiked more than 200 miles in Yosemite National Park and produced a time-lapse video called Project Yosemite which
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Breathtaking Video Gives You In-Depth Look at Iconic Yosemite National Park
45th #EarthDay2015 is 4/22

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A Christian Nation? Since When?

A Christian Nation? Since When? | DidYouCheckFirst | Scoop.it

Big business promoted “Christian libertarianism.”

Greg Russak's insight:

Keep this one handy for the next time someone claims that we're a Christian nation and always have been. It will also be useful in helping your libertarian friends and family to understand a bit more of that movement's history; i.e., how they are actually in many ways the spawn of an ugly marriage between corporatists who were losing the public relations battle with progressives and religious leaders like Pat Robertson who gladly became their toadies by cherry-picking the Bible in order to justify greed, corruption, and the treatment of other human beings as disposal assets. You know. Objectivism.

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Taking Attendance for #Selma50

Taking Attendance for #Selma50 | DidYouCheckFirst | Scoop.it
If all you did was scan headlines or look at memes, you could be excused for thinking that Republicans were completely absent this weekend from Selma. You'd be wrong. CNN originally reported... Sen...
Greg Russak's insight:

The question of who attended and who skipped Selma struck me as a very good example of why it’s so important to get past headlines and to essentially ignore memes altogether as primary sources of information.

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Why "Meet The Press" Is The Most Meaningless Show On TV - YouTube

"Meet The Press" is one of the oldest and most-respected news shows on TV. It's been around for over 60 years, and yet, it turns out that it's COMPLETELY use...
Greg Russak's insight:

Looks like I made the right choice swearing off of Sunday morning talk shows. I refuse to even call them news programs. This clips helps to explain why.

 

For those who missed it, Chuck Todd is the poor excuse for a journalist who famously said, "What I always love is people say, 'Well, it's you folks' fault in the media.' No, it's the President of the United States' fault for not selling it" about the Patient Protection and Affordable Care Act.

http://youtu.be/opgYsJ1F3kE

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Tell the Supreme Court Justices That You Support Marriage Equality

Tell the Supreme Court Justices That You Support Marriage Equality | DidYouCheckFirst | Scoop.it
Sign onto 'The People's Brief' that will be submitted to the High Court. Stand on the right side of history - love can't wait!
Greg Russak's insight:

One person can make a difference. Collectively, we can and we must ensure dignity and equality for every American. That is what is meant to be an American. Please sign on.

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World's Biggest PR Firm Quits American Oil Lobby » EcoWatch

World's Biggest PR Firm Quits American Oil Lobby » EcoWatch | DidYouCheckFirst | Scoop.it
Edelman spun off an advertising subsidiary so that it could show a commitment to not aiding the denial of climate change science. American Petroleum Institute's (API)
Greg Russak's insight:

Finally, a PR firm taking steps to no longer be part of the lies and propaganda coming from fossil fuel companies. 

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We must have the courage to push back against intellectual dishonesty

We must have the courage to push back against intellectual dishonesty | DidYouCheckFirst | Scoop.it
Make no mistake about this. Reza Aslan and Glenn Greenwald are playing the O'Reilly "Tiller-the-baby-killer" card against Sam Harris. They are being intellectually dishonest about the role that rel...
Greg Russak's insight:

Do not let the lies and obfuscations go unchallenged. Stand up and stand strong with people like Sam Harris who simply ask the question, “What kind of world do we want to live in?”

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#FightFastTrack: Coalition Takes Aim at Lawmakers over Corporate-Friendly 'Trade' Agreement

#FightFastTrack: Coalition Takes Aim at Lawmakers over Corporate-Friendly 'Trade' Agreement | DidYouCheckFirst | Scoop.it
Environmental, labor, and community groups are organizing rallies, public forums, and creative direct actions this week urging their congressional representatives to say "no" to a renewed bid to rush through the controversial Trans-Pacific Partnership "trade" deal by passing "fast track" legislation.
Greg Russak's insight:

"Senate Finance Committe Chair Orrin Hatch (R-UT) is saying he wants to reintroduce Fast Track legislation for the Trans-Pacific Partnership (TPP) this month — right after Members of Congress return from the Presidents Day recess," explains Citizens Trade Campaign, referring to legislation that would allow the Obama administration to avoid transparency and full congressional review of the deal. "Now’s the time to tell Congress: no Fast Track for the TPP!"

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Malcolm X Was Right About America: Chris Hedges

Malcolm X Was Right About America: Chris Hedges | DidYouCheckFirst | Scoop.it
The civil rights leader, assassinated 50 years ago this month, knew that empire cannot be reformed—it must be destroyed. - 2015/02/01
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Dear Obama Hater - You Just Wasted A Decade Of Your Life

Dear Obama Hater - You Just Wasted A Decade Of Your Life | DidYouCheckFirst | Scoop.it
Lots of you continue to get unhinged emails from people on Facebook, your drunk uncle, and various Tea Party relatives. Here's a gentle response to them....

Pretty soon Obama will be gone and you ...
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ALEC: Match.com for evil

ALEC: Match.com for evil | DidYouCheckFirst | Scoop.it
Meet ALEC — and Nick Rathod, the guy fighting back
Greg Russak's insight:

For decades, corporations have found Republicans ready to do their bidding thanks to a shadowy outfit known as ALEC. But Nick Rathod, a preacher's son, has a plan to fight back.


The State Innovation Exchange, SiX, is a new “action tank” that aims to achieve long-term progressive policy gains in states and localities across the US. Elected officials and staff across the country are writing legislation that will shape America's future. SiX provides trusted, expert resources to inform and enhance that work, building the legislative wing of the progressive movement. SiX aims to encourage cross-pollination among states, providing a platform for the best ideas to spread and grow. The group is an ally in tough fights, and it provides cover in places where its resources make the biggest impact.

With a SiX account, users can access a legislative library, follow the activity of key legislators, and track issues as they evolve in each of the states. It’s an unprecedented set of tools designed to ensure the best thinking on current issues is used to advance progressive legislation in all 50 states.


@nick_rathod

@stateinnovation

@benwikler


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House effort would completely dismantle Patriot Act

The Surveillance State Repeal Act would overhaul spying laws like no other NSA reform effort.
Greg Russak's insight:

Once again I ask, "How is it possible that there isn't universal agreement on the harm and risks of a government - our government - that spies on us with impunity?"

 

Sign the petition, please.

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Netanyahu Plays the Race Card

Netanyahu Plays the Race Card | DidYouCheckFirst | Scoop.it
The Israeli Prime Minister has adopted Richard Nixon’s Southern strategy.
Greg Russak's insight:

In last week’s Israeli elections, Netanyahu did play the role of Nixon—except that he did not go to China. Nor did he go to Ramallah. He went racist. 

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Florida Isn't Alone: North Carolina, Pennsylvania Ban 'Climate Change' Too

Florida Isn't Alone: North Carolina, Pennsylvania Ban 'Climate Change' Too | DidYouCheckFirst | Scoop.it
Like Florida, North Carolina and Pennsylvania have removed the terms "climate change" and "global warming" from websites and other documents, too.
Greg Russak's insight:

Once again, I'm embarrassed by the actions of my elected officials. Here's hoping that the mistakes of the Corbett administration continue to be corrected. Add this one to the list.

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Greg Palast | Investigative Reporter "From White Sheets to Spreadsheets"

Greg Palast | Investigative Reporter "From White Sheets to Spreadsheets" | DidYouCheckFirst | Scoop.it

The struggle for civil and human rights did not begin 50 years ago, and it will not end in another 50. It is a centuries-long story of advance and retreat.

 

And that’s the lesson. The movie’s over, but not The Movement. It is left to us to march over the bridge again. And again. And again.

Greg Russak's insight:

"Meet the New Jim Crow. Fifty years ago, African-Americans were kept from the polls by the threat of beatings and lynchings. Today, Jim Crow has traded in his white sheets for spreadsheets. He’s Dr. James Crow, systems analyst. His method is lynching by laptop."

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Chuck Todd Slips & Tells Lewis Black EXACTLY Why The Media Sucks - YouTube

“NBC host Chuck Todd may have accidentally revealed on Sunday why he — and other mainstream media personalities — often let their guests off the hook instead...
Greg Russak's insight:

Everything you need to know to understand what's wrong with new media....and why you won't here the truth on mainstream media outlets.

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Conservative Audience Laughs as Former NSA Chief Refers to Himself as an 'Unrelenting Libertarian' - The Intercept

Conservative Audience Laughs as Former NSA Chief Refers to Himself as an 'Unrelenting Libertarian' - The Intercept | DidYouCheckFirst | Scoop.it
For a second year in a row, the Conservative Action Political Conference hosted a debate on the National Security Agency’s surveillance programs. This morning, in a stinging rebuke similar to audience jeering of former Gov. Jim Gilmore’s seething criticism of Ed Snowden at last year’s CPAC, former NSA director Michael Hayden received an earful when he>>
Greg Russak's insight:

How gullible do you have to be to believe this guy?

 

"Hayden is a principal with the Chertoff Group, a consulting firm for the multi-billion dollar cybersecurity and intelligence industry. He is also on the board of Alion Science and Technology, a military contractor that does intelligence and techical work. For that part-time gig he has been paid approximately $336,500 over the last four years, according to reports filed with the Securities and Exchange Commission."

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Obama Derangement Syndrome

Obama Derangement Syndrome | DidYouCheckFirst | Scoop.it
The extraordinary fear of Obama’s ordinary presidency.
Greg Russak's insight:

"But then, that's why Obama Derangement Syndrome is different than Bush Derangement Syndrome: it's not really about Obama's presidency. It's about Obama himself. It's about his blackness, his father's foreignness, his strange name, his radical pastor. Obama's presidency is in many ways ordinary, but the feelings it evokes are not."

- Updated by Ezra Klein on February 23, 2015, 9:10 a.m. ET

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To Prison For Poverty • FULL DOCUMENTARY • BRAVE NEW FILMS - YouTube

Private probation companies charge excessive fees to low income people who can't pay small fines like traffic tickets. If they can't pay, they go to jail. SU...
Greg Russak's insight:

Is this what we are becoming; a nation which glorifies money and all things privatized to the degree that being poor becomes a crime and where people profit from the poverty and incarceration of others?

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Laura Poitras on the Post-9/11 Moral Vacuum and How Snowden Will Go Down in History

Laura Poitras on the Post-9/11 Moral Vacuum and How Snowden Will Go Down in History | DidYouCheckFirst | Scoop.it
"...it's easy to forget it all began with Poitras... the first person Snowden made contact with." That's CBC News referring to Laura Poitras, the journalist and filmmaker behind the Oscar-nominated documentary Citizenfour, which offers a look at NSA whistleblower Edward Snowden's first meetings with journalists.
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Petition: Get Big Money Out of Politics!

Petition: Get Big Money Out of Politics! | DidYouCheckFirst | Scoop.it
The message is simple: 1) Corporations are not people and 2) Money is not speech. (37900 signatures on petition)
Greg Russak's insight:

Our representatives spend up to half their day raising money for re-election rather than representing 'we the people.' As a result, the microscopic fraction of the American population who can afford to donate gobs of cash are granted undue access and influence. That's why we have got to get money out of politics. 

The 2016 election might be the first $5 BILLION presidential election. That is a staggering figure. We must stand together to put the power back in the vote, not the dollar. We will not stand for any more greed, and we will not stand for big money determining the present and future of our country. It's time to take democracy back. 

Headed by Ben Cohen, co-founder of Ben and Jerry’s Ice Cream, we are an open source tactic that supports local and state campaign finance reform, national reforms and a constitutional amendment that states: 1) Corporations are not people and 2) Money is not speech. 

Please join us by signing this petition in support of a Constitutional amendment to overturn Citizens United and get big money out of politics!

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United States of Secrets – FRONTLINE

United States of Secrets – FRONTLINE | DidYouCheckFirst | Scoop.it
How did the government come to spy on millions of Americans?
Greg Russak's insight:

We're living on the wrong side of a one-way mirror.

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Will 2015 be the year that right and left unite?

Will 2015 be the year that right and left unite? | DidYouCheckFirst | Scoop.it
Robert Reich had this to say about a New York Times article, "Auto Industry Galvanized After Record Recall Year" His closing question got me thinking about the corruption of money in our news and i...
Greg Russak's insight:

These lies are just what those in power count on us to believe. It’s what makes you and I precisely the audience Big Money wants – a divided populace who is willfully ignorant, woefully misinformed, eager to vote against their own self-interests, and who refuses to unify against them.

 

If and when we do, we’ll actually have a democracy. Until then, look around. This is what we have because it’s precisely what we deserve.

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