Tuesday September 30, 2014
Ralph Nader has written a new book, titled "Unstoppable: The Emerging Left-Right Alliance to Dismantle the Corporate State." If you spend any time looking into the current state of affairs with the Dodd-Frank Act - Monday was the fourth anniversary of the law enacted to ensure that the country never suffers through another financial crisis like the one in 2008 - you'd have to say that he has a point.
Those of us who walked this planet 45 years ago this week remember exactly what we were doing that day when man first landed on the moon.
I was in the back seat of the family station wagon in my pin-striped jersey and navy-blue ball cap, headed to an American Legion baseball game.
I heard the breathless details, “The Eagle has landed,” on the car radio. I was in front of the TV later when Neal Armstrong made history’s most significant foot print.
The business lobby often demands that government get out of the way of private corporations, so that competition can flourish and high-quality services can be efficiently delivered to as many consumers as possible. Yet, in an epic fight over telecommunications policy, the paradigm is now being flipped on its head, with corporate forces demanding the government squelch competition and halt the expansion of those high-quality services. Whether and how federal officials act may ultimately shape the future of America's information economy.
Before my first visit to France, around 45 years ago, I was told that you couldn't find bad food there if you tried. I was of limited experience, so even a hot dog jammed into a baguette bore witness to that "fact."
The bodies and debris that rained from the Ukrainian sky offer a cautionary lesson about the danger of giving heavy weapons to non-state actors. I hope the hawks who wanted President Obama to ship anti-aircraft missiles to the Syrian rebels are paying attention.
It is often said, believed and undoubtedly right that the Republicans' ace in midterm elections is apathetic Democrats not showing up at the polls. But that once predictable waltz into November is threatened by blabbermouths of the right's seeking self-aggrandizement by hurling darts at the sleeping Democratic bear.
"Climate change, once considered an issue for a distant future, has moved firmly into the present," scientists proclaimed in the Obama administration's National Climate Assessment, released in May. It's touching every corner of the U.S., the report claims: We can't escape inland.
Here are five things you need to know about the unexpected costs of climate change:
We may now have a new "most unread best-seller of all time."
When Citigroup accepted what the media hailed as a whopping $7 billion penalty for defrauding its own investors and wrecking our economy, the bank just shrugged.
“We believe that this settlement is in the best interest of our shareholders and allows us to move forward and to focus on the future,” Citi CEO Michael Corbat said.
Note the lack of any regret, apology, or shame. And the total absence of any pledge that the bankers won’t do it again.