News & Views

On November 27, Bloomberg News reported the results of its successful case to force the Federal Reserve to reveal the lending details of its 2008-09 bank bailout. Bloomberg reported that by March 2009, the Fed had committed $7.77 trillion in below-market loans and guarantees to rescuing the financial system, and that these nearly interest-free loans came without strings attached.

The following is an excerpt of Jeffrey Clement's Corporations Are Not People: Why They Have More Rights Than You Do and What You Can Do About It.) Click here to order a copy.

In 1971, Lewis Powell, a mild-mannered, courtly, and shrewd corporate lawyer in Richmond, Virginia, soon to be appointed to the United States Supreme Court, wrote a memorandum to his client, the United States Chamber of Commerce. He outlined a critique and a plan that changed America. 

Bobby Hull is scheduled to be evicted from his Minneapolis house in February, but he won't leave without a fuss. He's invited 100 people from the local version of the Occupy Wall Street movement on Tuesday to protest his foreclosure.

The political, military industrial, corporate class in Washington DC continues to re-make our constitutional republic into a powerful, unaccountable military empire. Yesterday the U.S. Senate voted 93 to 7 to pass the National Defense Authorization Act (NDAA) for Fiscal Year 2012 which allows the military to operate domestically within the borders of the United States and to possibly (or most probably) detain U.S. citizens without trial. Forget that the ACLU called it "an historic threat to American citizens", this bill is so dangerous not only to our rights but to our country's security that it was criticized by the Directors of the FBI, the CIA, the National Intelligence Director and the U.S. Defense Secretary! For the first time in our history, if this Act is not vetoed, American citizens may not be guaranteed their Article III right to trial.

The funny thing about the bill that the Senate just passed that lets presidents and the military lock you up without a charge or a trial — well, not funny ha ha but funny unusual — is that the basic bill to which that little monstrosity was attached is even worse. It's a bill to dump over $650 billion into wars and aggressive weaponry, continue the slaughter in Afghanistan, ramp up the creation and use of drones, and expand U.S. military bases around the globe.

The United States is slated to spend 59% of its Fiscal Year 2012 discretionary budget on 'defense'. The Young Turks host Cenk Uygur breaks it down.

Washington, D.C. Council for a Livable World applauded the Senate vote today in favor of the Merkley amendment asking the President to accelerate the withdrawal of American troops from Afghanistan.

What do you know about drones? You know drones — those robotic, unmanned planes that fire missiles for the American military across Afghanistan, Pakistan and anywhere else the United States needs to get away with murder.

WASHINGTON -- The Senate voted Tuesday to keep a controversial provision to let the military detain terrorism suspects on U.S. soil and hold them indefinitely without trial -- prompting White House officials to reissue a veto threat.