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thinkahol *

CFTC Votes 3-2 to Approve Limits on Commodity Speculation - Businessweek - 0 views

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    Oct. 18 (Bloomberg) -- The top U.S. derivatives regulators voted 3 to 2 today to curb trading in oil, wheat, gold and other commodities after a boom in raw-materials speculation, record- high prices and years of debate and delay. The rule has been among the most controversial provisions of the Dodd-Frank financial overhaul, enacted last year, which gave the Commodity Futures Trading Commission the authority to limit trading in over-the-counter commodity swaps as well as exchange-traded futures. The rule will limit the number of contracts a single firm can hold. "Our duty is to protect both market participants and the American public from fraud, manipulation and other abuses," Chairman Gary Gensler said at the commission's meeting in Washington in support of the rule. "Position limits have served since the Commodity Exchange Act passed in 1936 as a tool to curb or prevent excessive speculation that may burden interstate commerce." The rule limits traders to 25 percent of deliverable supply in the month nearest to delivery. The spot-month limits apply separately to physically settled and cash-settled contracts. Deliverable supply will be determined by the CFTC in conjunction with the exchanges.
thinkahol *

United States v. Dougherty - Wikipedia, the free encyclopedia - 0 views

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    United States v. Dougherty was a 1972 decision by the United States Court of Appeals for the District of Columbia in which the court ruled that members of the D.C. Nine, who had broken into Dow Chemical Company, vandalized office furniture and equipment, and spilled about a bloodlike substance, were not entitled to a new trial on the basis of the judge's failing to allow a jury nullification jury instruction. The Appeals Court ruled, by a 2-1 vote: " The fact that there is widespread existence of the jury's prerogative, and approval of its existence as a "necessary counter to casehardened judges and arbitrary prosecutors," does not establish as an imperative that the jury must be informed by the judge of that power. On the contrary, it is pragmatically useful to structure instructions in such wise that the jury must feel strongly about the values involved in the case, so strongly that it must itself identify the case as establishing a call of high conscience, and must independently initiate and undertake an act in contravention of the established instructions. This requirement of independent jury conception confines the happening of the lawless jury to the occasional instance that does not violate, and viewed as an exception may even enhance, the over-all normative effect of the rule of law. An explicit instruction to a jury conveys an implied approval that runs the risk of degrading the legal structure requisite for true freedom, for an ordered liberty that protects against anarchy as well as tyranny. " Nonetheless, the defendants were given a new trial on the grounds that they had been denied their right of self-representation.[1] The Circuit Judges' assumption that jurors know about their nullification prerogative has since been brought into question by other empirical evidence.[2] According to Irwin Horowitz, "Beyond the empirical issue, lack of nullification instructions maintains a deceit. After all, juries can nullify, but they know this fact only on a so
thinkahol *

Court Rules US Taxpayers, Not BP Or Transocean, Are Liable For Gulf Oil Spill Clean Up ... - 0 views

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    US District court has dismissed over 100,000 lawsuits brought against BP And Transocean to pay for oil spill clean up costs and environmental damages caused to the Gulf of Mexico from the BP Gulf Oil Spill. The court ruled that injury stopped the moment the well was sealed and the Federal Government, aka The US Taxpayer, is now liable for clean up costs along with any damages caused by deficiencies of the cleanup of the Gulf Of Mexico.
Muslim Academy

Palestine and Israel war - 0 views

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    A brief Overview: The war between Palestine and Israel started back in the days of 20th century this whole conflict refers to the Arab and Zionist inhabitants living under British rule and Ottoman rule. It conflict consist mainly of the water controls, recognition, Palestinian independence movement, water rights, Israeli settlements, borders, and control of Jerusalem. Such disputes resulted in violence and international actions taken against the human rights and security. This restricts the tourism in the region which is of great religious and historical interest to the people around the world. One of the reasons associated about the conflict rooted back in late 19th century and the start of 20th century; in the mean time Arab national movement came up gearing to attain power for the people living in the Middle East. The differences between the Palestinian nationalist as well as the southern Levant in 20s which later expanded in 1947 to Arab Israel wars.
thinkahol *

Overlooked by those warmed by climate rhetoric ("alarmist" or "denialist") - the fact t... - 0 views

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    Comments regarding the institutional underpinnings of environmental and developmental issues, the "tragedy of the commons", and free market environmentalist approaches to such issues, focussing on clarifying and enforcing property rights and minimizing the hand of government (which results in politi
thinkahol *

David Graeber: On Playing By The Rules - The Strange Success Of #OccupyWallSt... - 0 views

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    Just a few months ago, I wrote a piece for Adbusters that started with a conversation I'd had with an Egyptian activist friend named Dina: All these years," she said, "we've been organizing marches, rallies… And if only 45 people show up, you're depressed, if you get 300, you're happy. Then one day, 200,000 people show up. And you're incredulous: on some level, even though you didn't realize it, you'd given up thinking that you could actually win. As the Occupy Wall Street movement spreads across America, and even the world, I am suddenly beginning to understand a little of how she felt.
Muslim Academy

Egypt's New Constitution-egypt morsy - 0 views

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    About two years ago, President Hosni Mubarak, in a national address, offered constitutional reforms to appease the crowds that had gathered at Tahrir Square. But this was not an act of munificence to please the swelling crowds at Tahrir Square. It was a last ditch attempt to remain in power. However, instead of being appeased, the people were emboldened by the proposal and demanded his resignation even more strongly. Ten days later on February 11, 2011, Mr. Mubarak's twenty-year rule over Egypt ended unceremoniously as the Vice President announced to a jubilant public that Hosni Mubarak had stepped down from the post of President.
thinkahol *

On the Dark Side in Al Doura - A Soldier in the Shadows on Vimeo - 0 views

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    WARNING: Graphic and disturbing photos between 38:40 and 40:45. U.S. Army Ranger John Needham, who was awarded two purple hearts and three medals for heroism, wrote to military authorities in 2007 reporting war crimes that he witnessed being committed by his own command and fellow soldiers in Al Doura, Iraq. His charges were supported by atrocity photos which, in the public interest, are now released in this video. John paid a terrible price for his opposition to these acts. His story is tragic.  CBS reported obtaining an Army document from the Criminal Investigation Command suggestive of an investigation into these war crimes allegations. The Army's conclusion was that the "offense of War Crimes did not occur." However, CBS also stated that the report was "redacted and incomplete; 111 pages were withheld."  This video is placed with the context of Vice President, Dick Cheney, insistence that this nation's efforts "must go to the dark side;" which included ignoring the Geneva Conventions.  John's story is told, here, by his father, Michael Needham. It is produced in the spirit of the public interest and towards promoting justice and the rule of law.
thinkahol *

GLENN GREENWALD- With Liberty and Justice for Some -Pt 1 - YouTube - 0 views

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    Part 1: The definition of "Rule of Law". Glenn Greenwald speaks about America's two-tiered justice system and why he wrote his latest book, "Liberty and Justice for Some". (Available on Amazon.com: http://amzn.to/tAANlP) Recorded at Claremont-McKenna College on 4 November 2011.
thinkahol *

Gay marriage: O learned judge | The Economist - 0 views

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    AS RULINGS go, Judge Vaughn Walker's verdict on August 4th in San Francisco was relentless. The state of California, he wrote, cannot ban, even by popular vote, gays and lesbians from marrying because this would violate America's constitution by denying some couples "a fundamental right without a legitimate (much less compelling) reason." His decision is certain to be appealed, and most watchers think it will end up before the Supreme Court. But whatever happens there, it represents a huge leap forward in America's long struggle over the civil rights of homosexuals.
thinkahol *

Roberts, Alito, Thomas, Scalia are (RATS) Protecting the Oligarchy and Rewriting the Co... - 0 views

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    Both Supreme Court justices Antonin Scalia and Clarence Thomas describe themselves as "originalists," meaning that they believe they possess the innate knowledge of exactly what the Founding Fathers intended when they penned the U.S. Constitution. Given such an almost reverent standard it is fair to ask a few questions regarding the Judiciary branch of government which, in my opinion, no longer represents the people of our country. It has become so deeply immersed in right-wing ideology that there is little resemblance to the this branch of government today and when the Founding Fathers established it. Did the Founding Fathers intend that Supreme Court judges sitting on the highest court of the land can decide who the president should be, especially if one of those judges was appointed by the father of one of the complainants? Surely, most of us would agree, that judge should be disqualified from involvement in such an extraordinary decision. Did the Founding Fathers intend that a judge sitting on the highest court of the land to be cozy with incendiary, hate-mongering partisan extremists who make seditious statements for the sole purpose of undermining and subverting democracy? Surely, you would ask, should a judge deciding cases on the Supreme court be colluding and conniving with a Screech Radio insurrectionist who spouts non-stop hatred and incites violence against our president and elected officials? Did the Founding Fathers also intend for the spouse of a sitting Supreme Court justice to be actively fomenting hatred, insurrection and subversion, the sole aim of which is to overthrow, even by armed insurrection, a democratically-elected president and political party? Surely, the Founding Fathers did not intend for that to be an admirable or patriotic role of the spouse of a Supreme Court justice? The solid phalanx of activist, partisan ideologues, Roberts,
thinkahol *

Opposition to the rule of law - Glenn Greenwald - Salon.com - 0 views

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    Those claiming that terrorists don't belong in court -- because some might win -- reject basic American justice
thinkahol *

The Supreme Court Sold Out Our Democracy -- How to Fight the Corporate Takeover of Our ... - 0 views

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    Historian Thom Hartmann discusses the history of corruption that led up to the Supreme Court's Citizens United ruling.
thinkahol *

Obama wins the right to detain people with no habeas review - Glenn Greenwald - Salon.com - 0 views

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    Few issues highlight Barack Obama's extreme hypocrisy the way that Bagram does. As everyone knows, one of George Bush's most extreme policies was abducting people from all over the world -- far away from any battlefield -- and then detaining them at Guantanamo with no legal rights of any kind, not even the most minimal right to a habeas review in a federal court. Back in the day, this was called a "Bush's legal black hole." In 2006, Congress codified that policy by enacting the Military Commissions Act, but in 2008, the Supreme Court, in Boumediene v. Bush, ruled that provision unconstitutional, holding that the Constitution grants habeas corpus rights even to foreign nationals held at Guantanamo. Since then, detainees have won 35 out of 48 habeas hearings brought pursuant to Boumediene, on the ground that there was insufficient evidence to justify their detention. Immediately following Boumediene, the Bush administration argued that the decision was inapplicable to detainees at Bagram -- including even those detained outside of Afghanistan but then flown to Afghanistan to be imprisoned. Amazingly, the Bush DOJ -- in a lawsuit brought by Bagram detainees seeking habeas review of their detention -- contended that if they abduct someone and ship them to Guantanamo, then that person (under Boumediene) has the right to a habeas hearing, but if they instead ship them to Bagram, then the detainee has no rights of any kind. In other words, the detainee's Constitutional rights depends on where the Government decides to drop them off to be encaged. One of the first acts undertaken by the Obama DOJ that actually shocked civil libertarians was when, last February, as The New York Times put it, Obama lawyers "told a federal judge that military detainees in Afghanistan have no legal right to challenge their imprisonment there, embracing a key argument of former President Bush's legal team." . . .
thinkahol *

Psychoanalyzing the Relationship Between Obama and Wall Street -- New York Magazine - 0 views

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    On May 20, the Senate passed its bill to reregulate Wall Street by a vote of 59-39, complete with a (watery) version of the Volcker Rule. The story of the legislation's passage can be told in a number of ways: a tale of conflict or compromise, triumph or capitulation. But on any reading, that story is only the climactic chapter in a larger narrative: how the masters of the money game fell out of love with-and into a state of bitter, seething, hysterical fury toward-Obama. The speed and severity of the swing from enchantment to enmity would be difficult to overstate. When Obama was sworn into office, Democrats on Wall Street rejoiced at the ascension of a president in whom they saw many qualities to admire: brains, composure, bi-partisan instincts, an aversion to class-based combat. And many Wall Street Republicans-after witnessing the horror show that constituted John McCain's response to the financial crisis-quietly admitted relief that the other guy had prevailed.
thinkahol *

Brookings' "centrist" opposition to the rule of law - Glenn Greenwald - Salon.com - 0 views

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    Think tank "scholars" are lavishly funded to defend elite prerogatives
thinkahol *

Curb the banks? The government has propped them at every opportunity | George Monbiot |... - 0 views

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    Here's the story of how Cameron and Osborne secretly tried and failed to kill tougher European rules on bankers' bonuses
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