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U.S. Accuses S.&P. of Fraud in Suit on Loan Bundles

U.S. Accuses S.&P. of Fraud in Suit on Loan Bundles | U.S. National | Scoop.it
The Justice Department has filed civil fraud charges in federal court in Los Angeles against Standard & Poor's over its ratings of mortgage-related securities.
Joseph Pomponio's insight:

Let's see how far this gets. Reckless Endangerment high lighted this.

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On The Media - The State of the News Media

On The Media - The State of the News Media | U.S. National | Scoop.it
This week, the Pew Project for Excellence in Journalism released its annual “State of the News Media” report, detailing the health, or in this case the frailty, of mainstream US media online and off.

Via Monica S Mcfeeters
Joseph Pomponio's insight:

A very worth while read. You will get some good facts and analysis of the media you use, both onlineand off.

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Coffee Party USA's curator insight, March 25, 2013 3:47 AM

This is a great analysis! Take a moment to read over this and listen to the summary of the info and it will be well worth your time. The Pew Project on our mass media seems to be a fair assessment.

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Virginia’s Feast on U.S. Funds Nears an End

Virginia’s Feast on U.S. Funds Nears an End | U.S. National | Scoop.it
The Washington metropolitan area is in line to experience the largest economic hit of any region from the $85 billion in spending cuts that President Obama made official on Friday.
Joseph Pomponio's insight:

Virginia is hardest hit by sequester. I note that these are one day a week furloughs and more senior workers with no children will survive. But for how long, and what of younger ones? Long term effects will also hurt the state's tax revenue. So, what do their representatives have to say to local governments?

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BREAKING: House Republicans Backing Down On Violence Against Women Act

BREAKING: House Republicans Backing Down On Violence Against Women Act | U.S. National | Scoop.it
After nearly a year of resistance that has damaged them politically with women voters, House Republicans have found a clever way to back down on the reauthorization of an expanded Violence Against Women Act, aides confirmed to TPM late Tuesday.
Joseph Pomponio's insight:

Are we finally getting a Violence Against women Act after moths of arguing? Seems like it will be a bipartisan bill.

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Obama to fast-track permits for green energy, no mention of oil and gas permits

Obama to fast-track permits for green energy, no mention of oil and gas permits | U.S. National | Scoop.it
The Obama administration announced Wednesday its new new economic plan to pump more tax dollars into infrastructure projects and cut federal permitting timelines, including permitting times for renewa...
Joseph Pomponio's insight:

Fair article from a conservative paper commenting on promises made by the President. I feel there could be more balance if it detailed more on the why drilling was down 11%, other than oil companies will loose money. Good read, none the less.

by Michael Bastasch

 

 

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Ever-Growing Income Inequality Is Bad For Economic Recovery

Ever-Growing Income Inequality Is Bad For Economic Recovery | U.S. National | Scoop.it
There simply aren't enough people in the 1% to spur the demand that's needed, and we've spent 30 years watching the trickle-down theory fail miserably.
Joseph Pomponio's insight:

Exactly how much money does the One Percent need?

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Overkill: If You Want to Stop Gun Violence, Start With Bullets | Danger Room | Wired.com

Overkill: If You Want to Stop Gun Violence, Start With Bullets | Danger Room | Wired.com | U.S. National | Scoop.it
Guns don’t kill people; people don’t kill people; bullets kill people. Here’s a data-driven examination of the bullet.
Joseph Pomponio's insight:

Very discscriptive chart explanation of the lethal end of firearms. Ideas for thought on ways to control gun violence.

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Why buy legislators when you can buy legislation?

Why buy legislators when you can buy legislation? | U.S. National | Scoop.it

The only thing we have to fear is the indiffernce of good men and women.  Will you be led to slaughter, or will you stand up to tyranny?  This is the question that will define our generation.  What say you?


Via Monica S Mcfeeters
Joseph Pomponio's insight:

Lengthy but well worth the read. an excellent article on corporate involement shaping laws ih their favor.Good reference for anyone involved in wanting to understand and chage or se new laws. 

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U.S. Accuses S.&P. of Fraud in Suit on Loan Bundles

U.S. Accuses S.&P. of Fraud in Suit on Loan Bundles | U.S. National | Scoop.it
The Justice Department has filed civil fraud charges in federal court in Los Angeles against Standard & Poor's over its ratings of mortgage-related securities.
Joseph Pomponio's insight:

Let's see how far this gets. Reckless Endangerment high lighted this.

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Guns and gun control: Do background checks work?

Guns and gun control: Do background checks work? | U.S. National | Scoop.it
The federal background check system for gun buyers is porous, ineffective, and hampered by a lack of cooperation from the states. And that’s what the system’s supporters have to say. For critics, it’s much more than that.
Joseph Pomponio's insight:

A very good read. Answers a lot of questions. Now llets see some fixes.

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Daily Kos: Republican state governments look to shift taxes from ...

Daily Kos: Republican state governments look to shift taxes from ... | U.S. National | Scoop.it
If you live in North Carolina or Louisiana, you might be asking yourself, "Can my state government get any worse?" Fear not. They're trying. Louisiana Gov. Bobby Jindal wants to end the state income tax and corporate taxes ...
Joseph Pomponio's insight:

This looks like a growing trend. will not bode well for the middle class.

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TALLAHASSEE: Key lawmaker calls for shutdown of Internet cafes - Florida - MiamiHerald.com

An influential senator who has sought to place a moratorium on new Internet cafes said Wednesday that criminal allegations of racketeering and other wrongdoing in the industry should spur lawmakers to close the storefront businesses.
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Coffee Party USA's curator insight, March 13, 2013 11:36 AM

Drawn to this aricle by the idea someone would "ban internet cafes,' places I really like, I was surprized it involved not cafes but their use for gambling. My first reaction is, punish all for wrong doing of a few. Until you read about the political contributions. More money in politics, does it ever end?

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INFOGRAPHIC: What Makes Social Media so Influential?

INFOGRAPHIC: What Makes Social Media so Influential? | U.S. National | Scoop.it
If your impression of social media is limited to your friends posting cat videos and teenagers glued to their iPhones – think again.

Via Susan Bainbridge, Monica S Mcfeeters
Joseph Pomponio's insight:

A very remarkable chart.

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Jenna Chiew Kai Yi's curator insight, March 2, 2013 8:20 PM

Synopsis: 

This article pertains to the issue of how social networking sites like Facebook & Twitter have such great impact on the 21st Century that we're living in. This article also presents the positive aspects of such influence such as diminishing distance and facillitating effective communtication. 

 

Commentary:

As cliche as this may sound, I do subscribe to the notion that social media is a double edged sword. While it could be used to compliment business transactions and strengthen relationships, it could also bring about adverse impacts. With social media, it is inevitable that some users would abuse it by viewing inappropriate sites. Social media could also encourage the act of cyber bullying, which would cause emotional stress to some Internet users. 

However, to say that social media is entirely wrong and vile is a biased and hypocritical statement since we ourselves use and frequent them. The pivotal issue is that people of the 21st Century must exercise self responsibility and be cautious of their online conduct. This way, Social Media would be able to achieve it's noble aim of integrating the human race.

Janet Ilko's curator insight, March 3, 2013 8:58 AM

Going to share with students, look at the growth of pinterest for example, wow! And 1 billion on Facebook?? Crazy!

Alison D. Gilbert's curator insight, March 3, 2013 9:41 AM

How true.

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Republican Rep. Jack Kingston Introduced Sequestration as a GOP Reform in 2010

Republican Rep. Jack Kingston Introduced Sequestration as a GOP Reform in 2010 | U.S. National | Scoop.it
Contrary to what Republicans are saying now, the sequester is a largely Republican idea. In fact, Jack Kingston (R-GA) proposed sequestration in December of 2010.
Joseph Pomponio's insight:

On the last day before the sequester begins here's another story, but with  a twist, Rep. Kingston wants it to happen and owns up to helping introduce it. Will he defend it in May and September?

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Irish marchers protest nationwide against austerity

Irish marchers protest nationwide against austerity | U.S. National | Scoop.it
DUBLIN (Reuters) - Tens of thousands of people marched in six cities around Ireland on Saturday to protest against austerity measures, days after the government struck a vital deal on its bank debt.

Via Monica S Mcfeeters
Joseph Pomponio's insight:

Congress want to budget cut our way to prosparity, maybe they should read this article. A balanced approach is the better way.

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U.S. Trade Deficit in Manufactures Up 8% in 2012 | Economy In Crisis

U.S. Trade Deficit in Manufactures Up 8% in 2012 | Economy In Crisis | U.S. National | Scoop.it
By Modern Distribution Management February 16, 2013 For the three years since 2009, the U.S. deficit rose by $172 billion, or 53 percent, while the Chinese surplus soared by $333 billion, or an extraordinary 79 percent.
Joseph Pomponio's insight:

While I read about the battle over sequester and spending cuts I am amazed no one in Congress discusses this. Roughly 20 million people unemployed, thhe likelyhood it will get worse and here is a main cause. Note in the article that China is not alone in our trade deficite. Why should there be any debate over an infurstuctuer bank, better rail systems, smart power grids and improving our education system unless our representitives want us to fail? In that event who would prosper the most?

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Another win for the movement to overturn Citizens United v. FEC

Another win for the movement to overturn Citizens United v. FEC | U.S. National | Scoop.it
Note: Citizens United v. Federal Election Commissionis the 2010 U.S. Supreme Court decision that said corporations have a First Amendment right to spend unlimited amounts to influence elections.

Via Monica S Mcfeeters
Joseph Pomponio's insight:

Yet more support is still needed.

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Coffee Party USA's curator insight, February 6, 2013 11:56 AM

It seems a good idea to make Corporations prove their personhood with hard facts about how they are human. They cannot be counted twice. Limits of individual donations should apply to this one person corporation just like other individuals. They are not approved people-hood just a singular personhood.

 

 

Excerpt:

Today, the District of Columbia joined 11 states in calling for a constitutional amendment to get Big Money out of politics by overturning the Citizens United ruling and related cases. Public Citizen applauds the resolution’s sponsor, Councilmember David Grosso, and all members of the Council for unanimously supporting this critical measure for our democracy.

Marianne Castiglia's comment, February 12, 2013 8:15 PM
I did not know that the there are 11 states calling for an amendment to overturn CU. My guess is they are all Northeastern states and California? Good job David Grasso.
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Michigan Tea Party Says Charter School Students Are “Ethnically Challenged”

Michigan Tea Party Says Charter School Students Are “Ethnically Challenged” | U.S. National | Scoop.it
Image Source: http://www.edwize.org/protesters-send-up-charter-school-profiteers It seems that the Michigan branch of the Tea Party has realized that their past efforts at gaining support was a failure with anyone besides white males.
Joseph Pomponio's insight:

I have always hd my doubys about a private education system, especially one that is for profit. Long term the cost could prove to be prohibative for the middle class. This article deomostrates how people are lead into privatization of governmect agencies without discussion on conseqeunces it can have.

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How Obama Decides to Kill American Citizens in the War on Terror

How Obama Decides to Kill American Citizens in the War on Terror | U.S. National | Scoop.it
Human-rights advocates were floored on Monday night when NBC News published the details of a Justice Department memo detailing the protocol for sending drones after United States citizens.
Joseph Pomponio's insight:

An item I have been in consant discource on for a few years. The fine print on drone use within our borders is missing.

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Senate Votes to Curb Indefinite Detention

Senate Votes to Curb Indefinite Detention | U.S. National | Scoop.it
Senators voted to prohibit the government from imprisoning American citizens and green card holders apprehended in the United States in indefinite detention without trial.
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Getting some improvement on NDAA

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Enhancement of State Department Rewards Programs

Enhancement of State Department Rewards Programs | U.S. National | Scoop.it
Enhancement of State Department Rewards Programs (The legislation also provides the U.S. Government an additional tool to combat transnational organized crime.
Joseph Pomponio's insight:

Will it pass?

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