McKibben, Hedges, Klein, Sawant and Sanders Speak on Next Steps for Environmentalists

By: Thursday September 25, 2014 2:35 pm

On the night before the People’s Climate March, activists, scholars and civilians gathered at All Souls Unitarian Church in the Upper East Side in New York City to hear leading figures speaking about the environmental movement today and what strategies may work in the future. The event was hosted by Brian Lehrer of WNYC radio [...]

Senators Write Letter To Harry Reid Opposing Fast Track Authority For TPP and TTIP

By: Thursday January 16, 2014 9:55 am

According to a letter obtained by Firedoglake, 12 United States Senators have written a letter to Senate Majority Leader Harry Reid to convey their opposition to the “prospect of renewing Trade Promotion Authority” or fast track authority. Specifically mentioned in the context of that opposition is the Trans-Pacific Partnership (TPP) and Transatlantic Trade and Investment [...]

NSA Says It Can’t Search Its Own Database To See If It Spied On Congress

By: Wednesday January 15, 2014 7:54 am

There has been a lot of unintentionally hilarious things said during the NSA spying scandal unleashed by leaks from Edward Snowden, but the latest statement from the NSA surely is the most hilarious. After Senator Sanders raised the question of whether or not the NSA was spying on members of Congress to gain political leverage [...]

Senator Sanders Wants To Know If NSA Spies On Congress

By: Tuesday January 7, 2014 5:31 am

Senator Bernie Sanders is starting to ask questions many in the media and public have wanted to know for some time – is the NSA spying on other government officials? And if so, is the agency using that information as leverage to further its own power? In response to Sanders’ public questioning the NSA refused [...]

Jack Lew Confirmed As Treasury Secretary

By: Thursday February 28, 2013 5:54 am

Despite a slew of damaging revelations Jack Lew has been confirmed by the Senate. With a 71-26 vote Lew received more Republican support than Chuck Hagel. On some level Lew’s easy confirmation is a testament to how much influence Wall Street has in Washington but it still is interesting to compare the two nominations and [...]

Lew Nomination Finds Opponents On Left And Right

By: Friday January 11, 2013 5:29 am

When President Obama announced Jack Lew’s nomination for Treasury Secretary he promised Lew would help bring people together, I doubt this is what he meant. From ABC News: Sen. Jeff Sessions, R-Ala., the ranking member on the Senate Budget Committee, declared today that Jack Lew must “never” become secretary of the Treasury. “To confirm Mr. Lew would [...]

Bill to End Conflict of Interest at Federal Reserve Is First Step to Operationalizing Fed Audit

By: Wednesday May 23, 2012 8:17 am

Elizabeth Warren has been talking about the conflict of interest inherent in having Jamie Dimon sit on the board of directors of the Federal Reserve Bank of New York. Timothy Geithner even recognizes a problem, though he limits it to the appearance of impropriety rather than the impropriety itself. Now there’s actual legislation to go [...]

Judge Poised to Strike Down Position Limits for Oil Market Speculators

By: Tuesday February 28, 2012 8:55 am

We know that Wall Street speculation shoulders part of the blame for rising gas prices, and that the Commodity Futures Trading Commission has done little to stop it. But I didn’t know that even the weak CFTC rules established last year were being challenged in federal court. And the outcome of that court case could [...]

Removing Fossil Fuel Subsidies Could Cut Greenhouse Gas Emissions in Half

By: Friday January 27, 2012 12:56 pm

Sen. Bernie Sanders has a new bill out to kill fossil fuel subsidies that come in the form of tax breaks for the oil and gas industry. Instead, Sanders would redirect those funds to generate 10 million solar roofs in America, which would create installation jobs and significantly reduce fossil fuel consumption. “We’ve got to [...]

State Department IG Investigation of Keystone XL Pipeline Could Halt Approval Process

By: Tuesday November 8, 2011 9:35 am

The news that the State Department Inspector General will investigate the process involving State’s environmental impact study on the Keystone XL pipeline that allegedly was the product of a massive conflict of interest throws a significant spanner in the gears moving to get the pipeline approved. With an open investigation, it would simply be difficult [...]

GAO Report Shows Multiple Conflict of Interest Cases at Fed Regional Banks

By: Wednesday October 19, 2011 12:35 pm

Federal Reserve chair Ben Bernanke acknowledged yesterday that the central bank may need to do a better job dealing with asset bubbles. I think I just heard Dean Baker’s head explode. Specifically, Bernanke said that he would move to use interest rate policy and not just regulatory tools to head off bubbles. “In the decades [...]

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