George C. Grimaldis shares a post from laliberty:
Related:
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- Glass-Steagall Wouldn’t Have Prevented the JPMorgan Loss or the Financial Crisis
- How JP Morgan could actually benefit from the London Whale debacle, through the long-term regulations that could result
George C. Grimaldis shares a post from thesmithian:
The president was more somber than in our past interviews—and less inclined to depart from the handful of themes he had been concentrating on in recent weeks. He avoided discussing Mitt Romney, even when asked a direct question, and focused primarily on the very real constraints he operates under as president, from the intransigence of Congress to the dilemma of America’s anti-drug laws. He also seemed intent on summing up the arguments he’ll soon be taking out on the campaign trail, making clear that he plans to run on his remarkable record of accomplishments: extending health insurance to 32 million Americans, staving off a major economic collapse, rescuing the auto industry, reforming student loans, ending discrimination against gay soldiers, pulling U.S. troops out of Iraq, killing Osama bin Laden, and passing one of the largest middle-class tax cuts in history. The hourlong discussion was the longest and most substantive interview the president has granted in over a year.
more.
george c. grimaldis shares a great post from robertreich:
Members of the Class of 2012,
As a former secretary of labor and current professor, I feel I owe it to you to tell you the truth about the pieces of parchment you’re picking up today.
You’re f*cked.
Well, not exactly. But you won’t have it easy.
First, you’re going to have a hell of a hard…
The Republic | Syrian opposition council appears to crumble as infighting
By Zeina Karam, AP
BEIRUT — Syria’s main opposition council is crumbling under the weight of infighting and divisions over issues that cut to the heart of the revolution, including accusations that the movement is becoming as autocratic as the regime it wants to drive out.
The slow disintegration of the Syrian National Council, which has become the international face of the uprising, could complicate Western efforts to bolster the opposition, just as President Bashar Assad’s regime gathers momentum in its crackdown on dissent.
On Thursday, SNC leader Burhan Ghalioun said he was ready to step down once a replacement is found, amid mounting criticism of his leadership.
The decision came just days after he was re-elected for a third, three month term during a council vote held in Rome. The council has said it would rotate the presidency every three months, so Ghalioun’s repeated appointments rankled some who wanted a new face.
“I will not accept under any circumstances to be a divisive candidate, and I am not after any post,” said Ghalioun, an exiled Syrian and professor at the Sorbonne in Paris. “I will resign as soon as a new candidate is picked, either by consensus or new elections.”
Ghalioun, a secular Sunni Muslim academic who has led the council since its formation in September, has been criticized by some opposition figures of being too close to the Muslim Brotherhood and of trying to monopolize power.
george c. grimaldis shares a post from robertreich:
J.P. 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.
…
george c. grimaldis shares a post from thepoliticalnotebook:
This Week in War. A Friday round-up of what happened and what’s been written in the world of war and military/security affairs this week. It’s a mix of news reports, policy briefs, blog posts and longform journalism.
- News today: In Syria on Friday, the day after bombings killed 55, Assad’s government is calling for action on terrorism and the opposition is accusing the government of having ties with al-Qaeda forces.
- On Tuesday, the UN released numbers stating that more than 80 Libyan refugees have died so far this year in their attempts to reach Europe.
- Libya quietly passed a controversial amnesty law, offering a blanket pardon to any crimes committed by pro-revolution rebels.
- Egypt seized dozens of heavy weapons bound for the Sinai peninsula at the Libyan border on Thursday.
- Panetta has promised that no troops will be deployed to Yemen.
- The story of the double agent sent by Saudi Arabia to disrupt and foil an Al-Qaeda suicide bomber plot and his successful infiltration strategy.
- Turkey will not extradite fugitive Iraqi VP Tareq al-Hashemi.
- Joost Hiltermann had a longreads piece on sectarian conflict in Bahrain up on NY Books. In Manama, protesters blocked roads with burning tires, demanding the release of female activist prisoners, some of whom have been being held for a year.
- US Ambassador to Pakistan Cameron Munter is leaving his post after not even two years on the job.
- The Red Cross is suspending its work in Pakistan pending a review after a ICRC health program manager was abducted and later killed in Balochistan.
- Pakistan has successfully tested another short-range nuclear capable missile, the Hatf III Ghaznavi, and the second such in two weeks.
- A cabinet of Pakistani officials will meet next week to consider reopening the NATO supply routes.
- Monday, the Pentagon Inspector General released a report expressing concern over the Afghan National Army’s pharmaceutical distribution.
- An AP-GfK poll puts public support in the US for the Afghan war at a record low of 27 percent.
- The US is continuing to search for a Sgt. Bowe Bergdahl, who was captured by insurgents in Afghanistan in 2009.
- A rare bright news report out of A’stan: the UN is reporting that civilian deaths fell by 20 percent in the first four months of this year.
- Russia is claiming to have foiled a terrorist plot against the Sochi Winter Olympic games in 2014.
- In Honduras, days after the kidnapping and killing of journalist and gay rights activist Erick Martinez, another journalist named Alfredo Villatoro of HRN Radio was kidnapped on his way to work in the capital city of Tegucigalpa.
- The GOP members of the House Armed Services Committee voted to include a provision in the new FY2013 defense budget that would ban same-sex marriage on military bases. HASC’s draft also failed to include mention of sequestration cuts.
- Fearing Iranian nuclear capability, the GOP are pushing an East Coast missile defense shield.
- The prospect of war with Iran is dividing the Israeli defense community, with Netanyahu and Defense Minister Ehud Barak leading a hawkish charge and numerous former intel chiefs publicly opposing them.
- Reporting by Noah Schachtman and Spencer Ackerman for Wired reveals that the US military held a course (now cancelled) at the Joint Forces Staff College taught officers that “total war” need to be waged on global Islam. The professor’s presentation includes quotes like: “This barbaric ideology will no longer be tolerated. Islam must change or we will facilitate its self-destruction.”
- On Wednesday, the FBI Chief said the recently thwarted bomb plot was a good reason to renew surveillance policies set to expire soon, extending the FBI’s abilities to spy on people abroad without a warrant.
- Here’s your new to-be Chief of Staff of the Air Force: General Mark Welsh.
- The Pentagon ceased cooperation with Marvel Studios on The Avengers because it did not treat military bureaucracy realistically (!).
- Sgt. Major Teresa King, the first female commandant of the Army’s elite drill sergeant school, has been fighting for her job amidst a mix of accusations that she set unfair standards. The Army has now said these accusations aren’t substantiated. King is asserting that her gender was a cause for mistreatment at the hands of her superiors, whom she says actively campaigned against her.
Photo: Dover Air Base, Delaware. An Army carry team transports the body of Master Sgt. Gregory L. Childs of Warren, Arkansas, killed in Afghanistan. Steve Ruark/AP.
GEORGE C. GRIMALDIS shares a post from deadpresidents:
The Iron Sheik Is Trapped In A Character He Created
(Originally posted in AND Magazine)
One of my best friends, Chris, is commonly referred to as a “shock jock”, although everyone referred to as a “shock jock” quickly and dismissively rolls their eyes at such a clichéd label. Since…
George C. Grimaldis shares a post from producermatthew:
Actual headline on FOX Nation.
george c. grimaldis shares a post from sarahlee310:
You’re unlikely to hear a peep about this on Fox “News” (unless they happen to have me on), but the California Secretary of State’s Election Fraud Division is now reportedly investigating a firmed hired by the Sacramento County Republican Party said to have submitted thousands of fraudulent voter registration forms.
According to a report today from Sacramento ABC affiliate News10 [see video posted below], a private, for-profit firm calling itself Momentum Political Services, hired by the local Republican Party “to boost GOP registration ranks in key battleground communities” has turned in more than 3,100 hundred invalid voter registration cards during their recent drive.
Voter registration forms have allegedly been turned in with fake addresses, voter names that don’t exist, duplicate Social Security numbers, and party affiliations that seem to have been changed “by someone” to Republican. The head of the firm has admitted she has hired workers with criminal backgrounds, as found via Craigslist.
The charges of serial voter registration fraud sound very similar to those leveled in 2008 against another outfit hired by the California State GOP to register Republican voters before that year’s Presidential election. In that case, the head of the firm was arrested, and eventually pleaded guilty to voter registration charges himself.
[…]
The charges of serial voter registration fraud sound very similar to those leveled in 2008 against another outfit hired by the California State GOP to register Republican voters before that year’s Presidential election. In that case, the head of the firm was arrested, and eventually pleaded guilty to voter registration charges himself.
In 2006, another firm hired by the CA Republican Party turned in thousands of registration forms with fake names and an error rate as high as 60 percent. And in 2004, a firm hired by the GOP was investigated in a number of states for shredding Democratic voter registrations and tossing them into dumpsters. Despite those allegations, the same folks were later hired by the McCain/Palin campaign in 2008 to run voter registration drives before the Presidential election.
Of course, you probably haven’t heard of any of those stories, even while you’ve heard plenty about a handful of ACORN workers —- no actual ACORN officials, mind you, and they were never hired by the Democratic Party, and never led to a fraudulent vote —- turning in fraudulent registration forms in past years.
ACORN! ACORN! ACORN!
George C. Grimaldis shares a video from the BEASTIE BOYS
- Sabotage (by emimusic)