Nominating a dedicated reformer like Warren will send a clear signal to the entire world that the U.S. government is serious about regulating the banks that drove the global economy off a cliff. Nominating anybody else will send a clear signal that bankers still have veto power over key political appointments. By contrast, there are no compelling arguments against appointing Warren. Four have basically been offered, and they are all so weak that it's hard to view them as anything but bad-faith excuses to block somebody the bank lobby simply doesn't like.
Foreclosures rose in 3 of every four large U.S. metro areas in this year's first half, likely ruling out sustained home price gains until 2013, real estate data company RealtyTrac said on Thursday.
The U.S. economic recovery will remain slow deep into next year, held back by shoppers reluctant to spend and employers hesitant to hire, according to an Associated Press survey of leading economists.
The Obama administration is seeking to make it easier for the FBI to compel companies to turn over records of an individual's Internet activity without a court order if agents deem the information relevant to a terrorism or intelligence investigation.
The President's Cancer Panel (PCP) recently released its yearly report to the President outlining the status of cancer in America. This year's report focuses primarily on environmental factors that contribute to cancer risk. According to the report, pharmaceutical drugs are a serious environmental pollutant, particularly in the way they continue to contaminate waterways across the country (and the world).
Users' personal information cannot now be made private, security consultant says. The personal details of 100 million Facebook users have been collected and published online in a downloadable file, meaning they will now be unable to make their publicly available information private.
Orwell would be proud. The United States is about to begin its tenth year in Afghanistan in an attempt to prove that “endless war” is not only possible, but the accepted norm in American society. But why has militarism become such an integral part of our political and social lives in this country? I see three main areas of influence on why we accept the present state of aggressive militarism in this country:
'We Need to Go After Anyone Who Was Involved in the Leak' With the Obama Administration still trying to contain the damage a massive leak of classified documents has done to their Afghanistan war narrative, Sen. Lindsey Graham is calling on the administration to step up to the plate and attack WikiLeaks directly.
In the wake of BP's calamitous oil spill in the Gulf of Mexico, CEO Tony Hayward is stepping down, but he will be receiving a severance package amounting to an estimated $18 million.
Little more than 24 hours after the release of 91,000 documents detailing US military atrocities in Afghanistan, the Democratic-controlled House of Representatives gave final approval to a funding bill to pay for the escalation of the war. By a margin of 308-114, well over the two-thirds majority required under an expedited procedure known as “suspension of the rules,” the House backed a $60 billion supplemental funding bill passed by the Senate last week.
We spend the hour with Julian Assange, the founder of WikiLeaks, talking about the biggest leak in US history: the release of more than 91,000 classified military records on the war in Afghanistan. As the Pentagon announces it is launching a criminal probe into who leaked the documents, Assange asks what about investigating the "war crimes" revealed in the leaked military records? He also talks about the media, why he isn’t coming to the US anytime soon, and what gives him hope. "What keeps us going is our sources. These are the people, presumably, who are inside these organizations, who want change," Assange says. "They are both heroic figures taking much greater risks than I ever do, and they are pushing and showing that they want change in, in fact, an extremely effective way." [includes rush transcript]
Early morning on 27 July, Israeli bulldozers, flanked by helicopters and throngs of police, demolished the entire Bedouin village of al-Araqib in the northern Negev desert. Despite their land rights cases still pending in the court system, hundreds of al-Araqib villagers were instantly made homeless a month after Israeli police posted demolition orders.
Access to clean water and sanitation was declared a human right Wednesday after a vote aimed at helping the world's neediest, passed unanimously at the United Nations. Although the motion passed with 124 countries voting in favour of the resolution drafted by Bolivia, Canada was among the 41 nations to abstain on the issue. In June, Bolivia's draft resolution indicated that global water rights would "entitle everyone to available, safe, acceptable, accessible and affordable water and sanitation."
At 23, Omar Khadr is the youngest of the 176 people still imprisoned at the US military's detention facility in Guantánamo Bay, Cuba. He has been there for eight years, one third of his life. A Canadian, he is the only citizen of a Western country remaining in detention, although one British resident, Shaker Aamer, is also still locked up there.
Estimated 877,000 gallons of oil reportedly coating birds and fish Southern Michigan residents are learning that devastating oil spills aren't limited to the Gulf Coast. Crews were working Wednesday to contain and clean up an estimated 877,000 gallons of oil that coated birds and fish as it poured into a creek and flowed into the Kalamazoo River, one of the state's major waterways. Michigan Gov. Jennifer Granholm toured the area by helicopter Tuesday night and said she wasn't satisfied with the response to the spill. The leak in the 30-inch pipeline, which was built in 1969 and carries about 8 million gallons of oil daily from Griffith, Ind., to Sarnia, Ontario, was detected early Monday.
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