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New Evidence of Scott Walker Lying to Congress

Sun, 27 May 2012 00:00:00 -0700

The Nation - By John Nichols - May. 27 (News Report) - there is new evidence to suggest that Walker’s testimony to Congress about when he began preparing his anti-labor legislation—which sparked mass demonstrations and a recall movement that will culminate with a June 5 vote on whether to recall the governor—was not truthful.

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How the US Sold Africa to Multinationals Like Monsanto, Cargill, DuPont, PepsiCo and Others

Sat, 26 May 2012 00:00:00 -0700

AlterNet - By Jill Richardson - May. 26 (Special Report) - Will Obama's New Alliance for Food Security and Nutrition help farmers like Charity? The New Alliance was announced in conjunction with the G8 meeting last Friday. Under the scheme, some 45 corporations, including Monsanto, Syngenta, Yara International, Cargill, DuPont, and PepsiCo, have pledged a total of $3.5 billion in investment in Africa. The full list of corporations and commitments has just been released, and one of the most notable is Yara International's promise to build a $2 billion fertilizer plant in Africa. Syngenta pledged to build a $1 billion business in Africa over the next decade. These promises are not charity; they are business.

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7 Wisconsin Jobs Facts Every WI Voter Needs to Know

Fri, 25 May 2012 00:00:00 -0700

Daily Kos - May. 25 (Fact Check) - Walker has been plastering TV's all over WI with a bald-faced lie that he created 30,000 jobs. Walker created fake job numbers than ran a million dollar ad campaign for them.

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"So Rich, So Poor": Peter Edelman on Ending US Poverty & Why He Left Clinton Admin over Welfare Law

Wed, 23 May 2012 00:00:00 -0700

Democracy Now - By Amy Goodman - May. 23 (News Analysis) - Census data shows nearly one in two Americans live in poverty, and now the Congressional Budget Office warns things could soon get worse if President Obama and Congress remain at an impasse over the 2013 fiscal budget. House Republicans are calling for cuts to food aid, healthcare and social services, while protecting funds for the Pentagon.

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Government Report Contradicts GOP On Dire Situation

Wed, 23 May 2012 00:00:00 -0700

Huffington Post - May. 23 (News Report) - A new government report said spending cuts scheduled to go into effect in 2013, coupled with the simultaneous expiration of Bush-era tax cuts, will shrink the U.S. economy and raise unemployment -- contradicting the Republican claim that reducing the federal budget deficit will spur economic growth.

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Sea Shepherd Founder Paul Watson Fights Extradition to Costa Rica for 2002 Shark Defense

Tue, 22 May 2012 00:00:00 -0700

Democracy Now - By Amy Goodman - May. 22 (News Report) - Captain Paul Watson, founder of the anti-whaling group Sea Shepherd, has been released on bail in Germany following his arrest for possible extradition to Costa Rica on decade-old charges stemming from a confrontation with shark fin poachers. Sea Shepherd continues to maintain that Watson's arrest was politically motivated and is calling on its supporters to come together in a day of action on Wednesday when the Costa Rican President Laura Chinchilla visits Germany. Watson joins us from Frankfurt. “We’ve never injured anybody,” Watson says. “The most powerful weapon in the world as far as I'm concerned is the camera, so we go into battle armed with cameras...Right now 19 million sharks a year are being destroyed to feed the shark fin industry in Asia. And that means the fins are cut off of these animals and they’re thrown back into the ocean, and this is what we filmed off of Guatemala and this is what we intervened against -- a highly illegal operation.” [Transcript to come. Check back soon.]

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Advocates: '12 Budget Dance Has Heavier Beat

Mon, 21 May 2012 00:00:00 -0700

bkbureau.org - May. 21 (News) - After years of austerity, advocates say the annual ritual of protests against proposed cuts has taken on a more urgent tone.

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Mitt Romney's flip-flops

Fri, 18 May 2012 00:00:00 -0700

PolitiFact - By Bill Adair , Louis Jacobson - May. 18 (Fact Check) - For the 2012 presidential campaign, we're using the Flip O-Meter to assess the statements of President Barack Obama and Mitt Romney. This article includes links to the Flip-O-Meter items we've published on Romney. We'll update it as we publish more in the future.

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'Naked Short Selling'

Wed, 16 May 2012 00:00:00 -0700

readersupportednews.org - By Matt Taibbi - May. 16 (Investigative Report) - “Fuck the compliance area – procedures, schmecedures,” chirps Peter Melz, former president of Merrill Lynch Professional Clearing Corp. (a.k.a. Merrill Pro), when a subordinate worries about the company failing to comply with the rules governing short sales. We also find out here how Wall Street professionals manipulated public opinion by buying off and/or intimidating experts in their respective fields.

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Mitt Romney Debt Speech Ignores Key Facts

Wed, 16 May 2012 00:00:00 -0700

Huffington Post - By Tom Raum - May. 16 (News Analysis) - When Republican presidential hopeful Mitt Romney decried the "prairie fire" of U.S. debt Tuesday, he ignored some of the sparks that set...

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Crony Capitalism: After Lobbying Against New Financial Regulations, JPMorgan Loses $2B in Risky Bet

Tue, 15 May 2012 00:00:00 -0700

Democracy Now - By Amy Goodman - May. 15 (News Analysis) - The loss has renewed calls for tougher regulation of Wall Street, with critics saying JPMorgan could have avoided it under regulations the bank opposed.

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How the five web literacies are becoming essential survival skills

Sun, 13 May 2012 00:00:00 -0700

Nieman Journalism Lab - By Justin Ellis - May. 13 (News Report) - Howard Rheingold isn’t too concerned about whether Google is making us stupid or if Facebook is making us lonely. Those kind of criticisms, Rheingold says, miscalculate the ability humans have to change their behavior, particularly when it comes to how we use social media and the Internet more broadly. “If, like many others, you are concerned social media is making people and cultures shallow, I propose we teach more people how to swim and together explore the deeper end of the pool,” Rheingold said Thursday. Rheingold was visiting the MIT Media Lab to talk about his new book, Net Smart: How to Thrive Online, which examines how people can use the Internet not just to better themselves, but also society as a whole. Rheingold has a longer online history than most, going back to The WELL, one of the first online forums back in the 1980s. Ever since writing about that experience, Rheingold has developed a habit for dropping the kind of book that not just probes what it means to be online, but charts what that means for all of us.

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Obama says Romney would cut his own taxes while raising others’

Sun, 13 May 2012 00:00:00 -0700

PolitiFact - By Molly Moorhead - May. 13 (Fact Check) - President Barack Obama says Mitt Romney is the anti-Robin Hood. In a campaign speech in Columbus, Ohio, on May 5, 2012, Obama said the Romney's economic plan would raise taxes for millions of low-income Americans while cutting them for the wealthy.

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Role Reversal: Why TV Is Replacing Movies As Elite Entertainment

Sun, 13 May 2012 00:00:00 -0700

The Hollywood Economist - By Edward Jay Epstein - May. 13 (News Analysis) - Once upon a time, over a generation ago, The television set was commonly called the “boob tube” and looked down on by elites as a purveyors of mind-numbing entertainment. Movie theaters, on the other hand, were considered a venue for, if not art, more sophisticated dramas and comedies. Not any more. The multiplexes are now primarily a venue for comic-book inspired action and fantasy movies, whereas television, especially the pay and cable channels, is increasingly becoming a venue for character-driven adult programs, such as The Wire, Mad Men, and Boardwalk Empire. This role reversal, rather than a momentary fluke, proceeds directly from the new economic realities of the entertainment business. Consider what happened to Pay-TV. Back in the 1970s, HBO provided something home viewers could not get elsewhere: movies uninterrupted by commercials. It was, as a HBO executive put it, “the only game in town,” so its subscribers paid a monthly fee, no matter how little or often they watch it, to their local cable provider who in turn forked over a share to HBO. As the cable systems grew, so did HBO. By 2010, it had (including its Cinemax unit) over 40 million subscribers, and just the monthly fees produced cash flow of over $1.5 billion a year. Getting new movies was no problem. HBO simply licensed them from a few major studios for an exclusive period (which began a few months after they were released on video and DVD) in so-called “output deals.” To continue to harvest this immense bounty, HBO had merely to stop subscribers from ending their service.

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Why Atheists Have Become a Kick-Ass Movement You Want on Your Side

Sat, 12 May 2012 00:00:00 -0700

AlterNet - By Greta Christina - May. 12 (Special Report) - Atheists are becoming a force to be reckoned with. They are a powerful ally when inspired to take action -- and a powerful opponent when they're treated like dirt.

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Resurrecting Glass-Steagall

Fri, 11 May 2012 00:00:00 -0700

readersupportednews.org - By Robert Reich - May. 11 (News Analysis) - JP. Morgan Chase & Co., the nation’s largest bank, whose chief executive, Jamie Dimon, has lead Wall Street’s war against regulation, announced Thursday it had lost $2 billion in trades over the past six weeks and could face an additional $1 billion of losses, due to excessively risky bets.

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Frankenfoods: Why Is the Gates Foundation Helping Monsanto Push Genetically Modified Food?

Fri, 11 May 2012 00:00:00 -0700

AlterNet - By Paige Aarhus - May. 11 (Special Report) - serious concerns about viability, corporate dependency and health effects linger — even while leading research firms and NGOs do their best to smooth them over. Monsanto-patented seeds are usually costly, which has led to numerous accusations of exploitation and contemporary colonialism. But how long will these particular strains of seeds last? What are the guarantees? Critics fear dependence on corporate fertilizers and pesticides, the emergence of super-weeds and pests that can no longer repel GM varieties, and terminator seeds that only last for one planting season.

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From Coal to Foreclosures, Bank of America Faces Protest at Shareholders Meeting in Charlotte

Wed, 09 May 2012 00:00:00 -0700

Democracy Now - By Amy Goodman - May. 09 (News Report) - Occupy Wall Street protesters, environmental activists, and struggling homeowners are converging in Charlotte today for a protest outside Bank of America’s annual shareholder meeting. The protesters are calling attention to the bank’s involvement in the financial crisis, its support for the coal industry, and its long record of alleged foreclosure abuses.

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Paul Krugman: Austerity Is So Wrong!

Tue, 08 May 2012 00:00:00 -0700

readersupportednews.org - By Paul Krugman - May. 08 (News Analysis) - a funny thing happened in 2010: Much of the world's policy elite - the bankers and financial officials who define conventional wisdom - decided to throw out the textbooks and the lessons of history, and declare that down is up.

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New Legislation Would Give Power to Keyboard Cops

Mon, 07 May 2012 00:00:00 -0700

readersupportednews.org - By Naomi Wolf - May. 07 (Special Report) - The respected Internet technology site Techdirt has called the bill "insanity." It has written that "CISPA can no longer be called a cybersecurity bill at all. The government would be able to search information ... for the purposes of investigating American citizens with complete immunity from all privacy protections as long as [it] can claim someone committed a ‘cybersecurity crime.'"

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The PolitiFact guide to Medicare attack lines

Sun, 06 May 2012 00:00:00 -0700

PolitiFact - By Angie Drobnic Holan, Louis Jacobson - May. 06 (Fact Check) - Barack Obama has slashed Medicare by $500 billion. Mitt Romney and House Republicans want to end Medicare. And a new board is going to ration care so Washington can waste more money. Believe any of that? You shouldn’t. But it’s what the political ads likely will be saying between now and Election Day in November. We have some advice for voters sorting out the claims: Believe nothing you hear in a 30-second TV ad. Here are a few facts about Medicare: • It’s the government-run health insurance for Americans over age 65. • It’s a Canada-style, single-payer system. Liberals love that; conservatives don’t. • It has approximately 50 million people on its rolls. • That 50 million will grow to 80 million as baby boomers retire. Paying for that will be a challenge. Those realities about Medicare have sparked a full-fledged political brawl for 2012.

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Mitt Romney's Dangerous Foreign Policy Team: Nostalgic for Bush, Hellbent on War with Iran

Wed, 02 May 2012 00:00:00 -0700

AlterNet - By Alex Kane - May. 02 (News Analysis) - Romney’s persistent knocks on Obama’s foreign policy make clear that, while the economy will be the number-one issue this year, foreign policy will be a close runner-up. Behind Romney’s statements on world affairs is a group of close advisers whose views harken back to the Bush administration’s belligerent neoconservative brand of US foreign policy--not the best idea, considering how discredited it has become. “The most striking aspect of Romney's approach to foreign policy is its lack of creativity -- its brazen willingness to recycle Bush-era talking points, attitudes, and of course personnel,” said Peter Certo, a researcher at Right Web, a project of the Institute for Policy Studies.

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Republican Groups Fund Ads Attacking Obama With Misinformation

Mon, 30 Apr 2012 00:00:00 -0700

Huffington Post - By Lucia Graves - Apr. 30 (News Report) - Top Republican groups released web videos attacking President Barack Obama last week with an emphasis on the president's record on green-energy investments, particularly his use of stimulus dollars -- but the claims don't pass the Pinocchio test

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Who to blame for the price at the pump? Tough to say

Sun, 29 Apr 2012 00:00:00 -0700

PolitiFact - By Molly Moorhead - Apr. 29 (Fact Check) - The price of gas is determined by a litany of complex and shifting factors (Brent derivatives, anyone?), few of which you’ll hear mentioned in :30-second political ads. But politicians are interested less in cause, more in effect. The effect in this case: your anger.

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Foxconn Workers Protest, Threaten To Jump Off Roof

Fri, 27 Apr 2012 00:00:00 -0700

Huffington Post - Apr. 27 (News Report) - Workers at a Chinese factory owned by Foxconn, Apple Inc's main manufacturer, threatened to jump off the roof of a building in a protest over wages just a month after the two firms announced a landmark agreement on improving working conditions. The protest happened in the central city of Wuhan at one of Foxconn's plants. The company employ some 1.2 million workers in China assembling iPhones and iPads, among other products. It involved some 200 workers, the Hong-Kong based activist group Information Centre for Human Rights said. A spokesman for Hon Hai Precision Industry, th

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