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A former Blackwater employee and an ex-US Marine who has worked as a security operative for the company have made a series of explosive allegations in sworn statements [claiming] the company's owner, Erik Prince, may have murdered or facilitated the murder of individuals who were cooperating with federal authorities investigating the company. Sounds creepy, huh? [...]
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Where has your share of the bailout gone? When CIT Group, a medium-sized lender, faced the threat of bankruptcy recently, it raised an uncomfortable prospect for the officials in Washington managing the bailout of the financial system. CIT got $2.3 billion in bailout funds last year–yet it was still failing. And the government decided not [...]
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I can’t stand Andrew Sullivan. He derives way too much pleasure from being a contrarian, and is easily prone to hyperbole and smugness, but his blog is where I found this compelling video of young Iranians protesting the result of their recent presidential election: The Daily Dish | By Andrew Sullivan (via The Atlantic) Says [...]
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Good video from Jon Stewart: The Notorious AIG – Congress Wants to Blame Someone (The Daily Show)
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It’s over — we’re officially, royally fucked. no empire can survive being rendered a permanent laughingstock, which is what happened as of a few weeks ago, when the buffoons who have been running things in this country finally went one step too far. The Big Takeover : Rolling Stone
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On their latest episode of NPR’s Planet Money, Adam Davidson and Alex Blumberg point fingers. And they talk to a guy named Ian Bremmer who says something that we all need to get onboard with. Concerning the firestorm of heat AIG’s current CEO (newly appointed, not responsible for the crisis at AIG) is getting for [...]
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Think Progress » Colin Powell’s former chief of staff: Cheney is ‘evil,’ his fearmongering is ‘assisting’ al Qaeda.
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3 – The U.S. presidency became a legislative power Another thing you didn’t know about the Great Depression was how it changed the presidency. The U.S. Constitution established three branches of the federal government: the Executive (the president), the Legislative (congress) and the Judiciary (federal courts). Nowhere in the presidential job description does it expressly [...]
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Word of the bonuses last week stirred such deep consternation inside the Obama administration that Treasury Secretary Timothy F. Geithner told the firm they were unacceptable and demanded they be renegotiated, a senior administration official said. But the bonuses will go forward because lawyers said the firm was contractually obligated to pay them. A.I.G. Planning [...]
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It is both disturbing and ironic to hear/read Prez Obama make appeals to Congress for quick action on economic stimulation (not to mention many of the lines in his inaugural speech) that are eerily similar to ex-PotUS Bush II. It’s a sign of the times…a sign that the more things change, the more they stay [...]
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