Submitted by Elaine Magliaro, Guest Blogger

Fed Lifts Veil of Secrecy (December 1, 2010)

“Almost two years ago I asked Chairman Bernanke to tell the American people which financial institutions and corporations received trillions of dollars as part of the Wall Street bailout.  He refused.  Today, as a result of an audit-the-Fed provision I put into the financial reform bill, we finally learn the truth – and it is astounding.”

— Sen. Bernie Sanders (I-Vt.), author of Fed disclosure provision

Lifting the Veil of Fed Secrecy

Continue reading “FED UP!: A Post about Ben Bernanke, Senator Bernie Sanders, and the Bailout…with a Song Parody” →

Speaker of the House John Boehner is being widely quoted as explaining that the United States does not have to fear protests by citizens for better government because many are too “poor and lazy” to act. This seems pretty unbelievable and a likely hoax. If so, it is a remarkably vicious act.

Continue reading “Boehner Hoax? Sites Claim Boehner Stated American Kids Too “Poor and Lazy” To Protest” →

Muslims around the world have protested the burning of a Quran (Koran) by Florida preacher Rev. Terry Jones by killing 20 people and injuries dozens of others. It is a perfect matching of religious fueled hatred. Jones burns the Quran to protest what he views as a violent, intolerant religion and radical Muslims then killed scores of people to protest such desecration. I will say it again: these people have a lot in common.
Continue reading “Muslims Protest Burning of Quran By Florida Preacher By Killing 20 People” →

There is an interesting ruling out of Oregon where the Court of Appeals ruled that teeth cannot be treated as a dangerous weapon for the purposes of establishing a basis for first-degree assault conviction of Scott Russell Kuperus II. It is a clear case of prosecutorial over-charging and a trial judge who failed in protecting against such abusive claims.
Continue reading “Taking the Bite Out of Crime: Oregon Court Rules Teeth Are Not Dangerous Weapons” →

 

Submitted By Lawrence Rafferty, (rafflaw), Guest Blogger

 

 

When someone mentions the United States Chamber of Commerce to me, I automatically think of the recent claims that were made that the Chamber solicited campaign donations from foreign corporations during the last election cycle. “A ThinkProgress investigation has found that the Chamber funds its political attack campaign out of its general account, which solicits foreign funding. And while the Chamber will likely assert it has internal controls, foreign money is fungible, permitting the Chamber to run its unprecedented attack campaign. According to legal experts consulted by ThinkProgress, the Chamber is likely skirting longstanding campaign finance law that bans the involvement of foreign corporations in American elections.” Think Progress   While that may be an atrocious and possibly illegal funding of domestic elections with foreign money, I am not currently interested in that “activity” of our friends at the Chamber of Commerce. Something else caught my eye! Continue reading “The United Chamber of Hacking?” →

Venezuela’s President Hugo Chavez appears to have run out of Earth-based disasters to blame on capitalism. Chavez’s latest unhinged rant concerns Mars, which he has suggested had a thriving civilization that was wiped out by Martian capitalists.
Continue reading “Hugo Chavez Takes On Martian Capitalists” →

Submitted by Elaine Magliaro, Guest Blogger

William Dudley, the President of the Federal Reserve Bank of New York, recently visited Queens where he got a “street-corner” education on the cost of living. Evidently, the Federal Reserve has been trying to sell its monetary policy to average folks—who aren’t exactly buying into to its talking points.

Dudley, a former chief economist for Goldman Sachs, gave a speech in Queens in which he spoke about the economy’s progress and the Fed’s successes. When the question and answer period rolled around, people in the audience wanted to know why the prices for food and gas were rising. As noted in a Wall Street Journal article—“the Fed doesn’t think food and gas prices matter to its policy calculations because they aren’t part of “core” inflation.”

Continue reading “Let Them Eat…iPads!: William Dudley Antoinette Visits Queens” →

Japan was hit today with its most powerful earthquake in 100 years — followed by a series of aftershocks and a massive tsunami. (Here is a video)
Continue reading “8.9 Earthquake Hits Japan Followed by Tsunami — U.S. Cities Issued Tsunami Warning” →

Submitted by Elaine Magliaro, Guest Blogger

There’s been a lot going on in Wisconsin in the past week. I hope most Americans are aware of the reason why so many Wisconsinites have converged on the state capital to hold demonstrations.

Wisconsin Governor Scott Walker, a Republican, claims that the state is in financial trouble. He’s asking teachers, plow drivers, janitors, nurses, garbage collectors, and other public sector workers to contribute more to their pensions and to pay a larger amount of their health premiums. It appears many of those workers are willing to negotiate with the governor and to consider having more money taken out of their paychecks for their pensions and health insurance. What those employees are not willing to do is relinquish their right to collective bargaining.

Continue reading “Scott Walker: A Fiscally Responsible Governor or a Politician Who Is Playing Favorites?” →

A wrongful death lawsuit in Chicago has alleged another case of distracted driving . . . this time involving a driver, Araceli Beas, who is accused of updating her Facebook account on her cellphone just before she hit and killed pedestrian Raymond Veloz.
Continue reading “Chicago Woman Accused of Fatally Hitting Man After Driving While Updating Her Facebook Account” →