Showing posts with label immigrants. Show all posts
Showing posts with label immigrants. Show all posts

Tuesday, April 27, 2010

the big 5 stories:

#1 - "Audit the Fed" Builds Support in Senate



The grassroots measure to give the private-owned Federal Reserve its first audit ever is building bipartisan support in the Senate. The bill, started in the House and championed by Reps. Ron Paul (R-TX) and Alan Grayson (D-FL), has gain a sponsor in Sen. Bernie Sanders (I-VT) and garnered possible advocates like Sanders is joined by four Republicans of varying politics: John McCain (AR), Jim DeMint (SC), David Vitter (LA) and Sam Brownback (KS).

If Democrats in the Senate back the measure, it would have at least 63 votes, but Banking Committee Chairman Chris Dodd (D-CT) is opposed and has argued against a broad audit. Dodd, a lame-duck who is leaving due to a conflict of interest scandal involving the financial firms he oversees, may be compromised and his opposition has not changed the public momentum for the audit.

Sen. Sanders has stated, "Let's not equate independence with secrecy. We cannot let the Fed operate in secrecy any longer. There is simply too much money at stake." Full Story

#2 - Rep. Calls for Federal Non-Cooperation with AZ Immigration Law



Outrage is growing over the passage of a controversial new measure in Arizona that forces police officers to determine the immigration status of someone they suspect of being an undocumented immigrant. We speak with Rep. Raul Grijalva (D-AZ), who is urging federal non-cooperation with the new law and is calling for a targeted economic boycott of Arizona. We also speak with Sunita Patel, an attorney at the Center for Constitutional Rights, which is filing a lawsuit demanding records related to ICE’s little known “Secure Communities” program. Full Story

RELATED: Mexico issues travel alert for Mexican citizens in Arizona

#3 - Manuel Noriega, from US Friend to Foe



(Democracy Now): The US has extradited the former Panamanian president and CIA asset Manuel Noriega to France to face trial on money laundering charges. Noriega has been jailed in Miami since 1990 after his overthrow in the US invasion of Panama that killed up to 3,000 people. Noriega’s drug trafficking sentence ended two years ago, but he’s remained in jail while fighting France’s extradition request. Noriega’s attorney, Frank Rubino, criticized the US for failing to inform him of Noriega’s extradition.

Before Saddam Hussein there was Manuel Noriega. Like Saddam, Noriega enjoyed US support until he turned into a wayward ally, then an embarrassment, and finally an "imminent danger" who had to be overthrown.

Noriega was recruited as a CIA informant while studying at a military academy in Peru. He received intelligence and counterintelligence training at the School of the Americas at Fort Gulick, Panama, in 1967, as well as a course in psychological operations at Fort Bragg, North Carolina. He was to remain on the CIA payroll until February 1988. Full Story

#4 - Obama Will Not Comment on Debt Until After Elections



A possible Obama Austerity plan will be revealed after the mid-terms elections and a lame-duck session of Congress may pass the law and take the heat.

The President has commissioned a debt panel and is keeping his plans secret for the next 7 months. "I'm not going to say what's in, I'm not going to say what's out," Obama said as his National Commission on Fiscal Responsibility and Reform held its first meeting. Eventually we, the public, will be allowed to know about the fiscal state of our nation. And then the President will scapegoat the Congress to implement his "difficult political decisions." Full Story

#5 - Bank Oligarchy: 60% of US is Owned by Them



Today financial power is being concentrated in the hands of fewer and fewer individuals. In fact, the six biggest banks in the United States now possess assets equivalent to 60 percent of America's gross national product. Back in the 1990s that figure was less than 20 percent. These six banks - Goldman Sachs, Morgan Stanley, JPMorgan Chase, Citigroup, Bank of America, and Wells Fargo - literally dictate what goes on in the U.S. banking industry. Full Story

also:

*Ninth Circuit OKs Huge Class in Wal-Mart Gender Discrimination Case

*Police State Canada 2010 and the G20 Summit

*Chernobyl Radiation Killed Nearly One Million People: New Book

*Wall Street Reform: A Big Flop for the Big Lie Strategy?

Wednesday, April 14, 2010

CoOlDiGgY news

75% Of Homeowners In Obama's Plan Still Owe More Than Their Homes Are Worth




Obama plan has failed to do anything for most of the underwater mortgages that qualify for Administration's program


More than three-quarters of homeowners who have had their monthly mortgage payments reduced under the Obama administration's primary foreclosure-prevention program owe more on their mortgage than their house is worth, according to a new report by government auditors.

Over half of the roughly 170,000 distressed borrowers who have gone through the program are seriously underwater, meaning they have negative equity of at least 25 percent, the report shows, citing data through February. In other words, for every $1.00 their home is worth, they owe at least $1.25.

The average homeowner that's received a five-year modified mortgage under the administration's plan had negative equity of about 35 percent prior to the program, according to a Wednesday report by the Congressional Oversight Panel, a federal bailout watchdog. After modification, that burden actually increased for the average homeowner, who is now underwater by more than 43 percent, according to the bailout watchdog's report. Research shows that the more under water homeowners are, the more likely they are to fall behind on payments, default, or walk away.

But that data understates the problem, the report said. Those figures are for first-lien home mortgages only. Debt owed on junior liens, like second liens and home equity lines, isn't part of that calculation. The Obama administration estimated last April that "up to 50 percent of at-risk mortgages currently have second liens."

Read more...

*Belarus “invaded by NATO from Ukraine”

*Arizona passes strict illegal immigration act

*Was Obama Nuke Summit Necessary or Just “Nuclear Alarmism”? And What About Israel’s Arsenal?



*When the Army Uses "Enhanced Interrogation" on an American Soldier

*Nebraska Law Sets Limits on Abortion

*Obama bicycle policy hits potholes

*Big Banks Draw Profits From Microloans to Poor

*Yemen Refuses to Go Along with US Extrajudicial Killing Policy

*Scandal over Israeli army’s illegal operations




Monday, March 29, 2010

CoOlDiGgY news (late edition)

CASHING IN
House Staffer Who Helped Write Bank Reform Rules Gets Job As Bank Lobbyist



When the House worked on financial regulatory reform legislation last year, 16 of the Financial Services Committee staffers -- 12 of them Democrats -- assisting in that effort had previously worked as federally-registered lobbyists.

One of them is now heading back to K Street.

Peter Roberson helped write legislation intended to regulate credit-default swaps and other over-the-counter financial products, reported Bloomberg's Matthew Leising in breaking the news of Roberson's turn through the revolving door. He is now going to work for Intercontinental Exchange Inc. as a lobbyist. The company owns the world's biggest CDS clearinghouse that will be regulated by the rules that Roberson had a major hand in writing.

Read more...

*Man Arrested for Threatening the Life of Congressman Eric Cantor. VIDEO



*Putin vows to destroy group behind attacks

*Biometric Scans for Traffic Stops

*Saturday mail may soon be a memory

*President Sarkozy Of France Says Europe And America Must Come Up With New Answers

*Use of Taser on Pregnant Woman Not Unconstitutional, Court Rules

*U.S. take if it sells its Citi stake to settle cost of bailout: $8 billion

*China Rushes To Bomb Its Clouds As Rice Prices Spike 10% In A Month

earlier:
CIA Report: Public Apathy Makes Endless Wars Possible



A revealing PDF from WikiLeaks reveals that the CIA plays on public apathy

The report is discussing apathy among the French and German people to their countries' involvement in the war in Afghanistan, but the same is true to the apathy of Americans towards the Iraq and other wars as well.

Read more...

*Alleged militia members indicted for plotting attack on police

*Jobless Rate Rose in 27 States in February; Four Hit Records

*Obama Sets Sights on Merging Mexico and US?

*US Regularly Kills Innocent Afghans at Checkpoints

*ICE officials set quotas to deport more illegal immigrants

*Next Power Grab: Cap-and-Trade

*Don’t Be Fooled: Republicans Love Government Enforced Healthcare

*Law enforcers pursue possible causes of Moscow bombings




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