Law & Politics

On September 17, 20,000 people will swarm into lower Manhattan and occupy Wall Street. Last week Anonymous endorsed #OCCUPYWALLSTREET with a video that attracted over 60,000 views before being deleted by YouTube. The Department of Homeland Security has warned the nation's bankers to be prepared. Corporate owned media is taking notice. Today, Paul Farrell, columnist for the Dow Jones owned MarketWatch.com posted this rousing portrait of what may now unfold:

In this "Countdown" exclusive interview, Keith sits down with Rolling Stone contributing editor Matt Taibbi to discuss breaking the story about the Securities and Exchange Commission destroying the records of promising cases in the years leading up to the financial meltdown.

By executive order on Aug. 4, President Barack Obama refused entry to the United States of war criminals and human-rights violators (jurist.org, Aug. 4). He ignored, as he often does, the deeply documented factual evidence of war crimes committed by the Bush-Cheney administration along with grim proof that the Obama administration also violates our anti-torture laws and the U.N. Convention Against Torture we signed. Take, for example, right now under Obama, "The CIA Secret Sites in Somalia" (the nation.com, July 12).

Would more accurate news coverage prompt Tea Party and Republican leaders to pay more attention to facts in their assertions about the economy? Maybe yes, maybe no. But, suggests Henry Banta, if the coverage continues at its present dismal level, we'll never find out.

Nothing distracts the citizenry and distorts political reality like the spectacle of the race for the presidency

Karl Marx was right, it seems, in arguing that globalization, financial intermediation run amok, and redistribution of income and wealth from labor to capital could lead capitalism to self-destruct. So what can be done to prevent that outcome?

Elizabeth Warren discusses how the dreams of the middle class american family are being depleted by the dramatic increase in bankruptcies and foreclosures. Warren discusses the role that credit card companies and ballooning interests rates have played in rapidly increasing mortgage rates as well as the how the over consumption myth is clouding our understanding of the average middle class family, who is in fact experiencing a lower standard of living than their parents and still finding themselves one payment away from losing their home. Elizabeth Warren is the Leo Gottlieb Professor of Law at Harvard Law School and chaired the Congressional Oversight Panel created to investigate the U.S. banking bailout . This program originally aired in April 2004. it is being re-aired because Professor Warren's predictions of economic disasters and the reasons for them have proven correct, and she is a candidate to head a commission to guard against recurrence. The Massachusetts School of Law also presents information on important current affairs to the general public in television and radio broadcasts, an intellectual journal, conferences, author appearances, blogs and books. For more information visit http://www.mslaw.edu

I don't know the intentions of each of the people taking part in the riots today. I don't know for sure what the intentions of any of them are. But I do know this: every act is a political act. Whether it is intended to make a point about the government's macro-economic policy or intended to allow a pair of trainers to be stolen, the smashing of a window is a clear demonstration of a refusal to buy into society as it stands. However an arsonist explains their flames, whether they burn a building for fun, or with the intention of bringing about revolution, they are saying this: "The world I find myself in is not one in which I have a stake. It is not one I was allowed to help build. It is one which I am happy to burn".

Hailed as a harmless chemical that would prevent tooth decay, new evidence shows how fluoride could be linked to serious health problems.

'A judge is allowing an Army veteran who says he was imprisoned unjustly and tortured by the US military in Iraq to sue former Defense Secretary Donald H. Rumsfeld personally for damages.' Nedra Pickler, Associated Press

President Obama signed legislation on Tuesday that raises the nation's debt ceiling and cuts trillions of dollars in spending. Keith speaks with former Vice President and Current TV Chairman Al Gore about what's next for the country. Al Gore says it's time for an "American Spring," a non-violent movement to take back the country from the right wing.

The NAACP has just passed a historic resolution demanding an end to the War on Drugs.  The resolution comes as young Black male unemployment hovers near 50 percent and the wealth gap's become a veritable gulf. So why is the forty-year-old "War on Drugs" public enemy number one for the nation's oldest civil rights organization? Well here's why:  it's not extraneous - it's central: the war on drugs is the engine of 21st century discrimination - an engine that has brought Jim Crow into the age of Barack Obama.     Author Michelle Alexander lays out the statistics -- and the stories --  of 21st Century Jim Crow in her ought-to-blow-your-socks off book: "The New Jim Crow: Mass Incarceration in an Age of Colorblindness." I had a chance to sit down with Alexander earlier this summer. We'll be posting the full interview in two parts.     "We have managed decades after the civil rights movement to create something like a caste system in the United States," says Alexander in part one here  "In major urban areas, the majority of African American men are either behind bars, under correctional control or saddled with criminal record and once branded as criminal or a felon, they're trapped for life in 2nd class status."     It's not just about people having a hard time getting ahead and climbing the ladder of success. It's about a rigged system. Sound familiar?  Like the Pew Research Center report on household wealth and the Great Recession -- the NAACP resolution story was a one-day news-blip - despite the fact that it pierces the by-your-bootstraps myth that is at the heart of - you pick it - the deficit, the stimulus, the tax code - every contemporary US economic debate.     White America just maybe ought to pay attention. With more and more Americans falling out of jobs and into debt, criminal records are a whole lot easier to come by than life-sustaining employment.  Contrary to the conventional media version, the "Drug War" story is not a people with problems

Since Reagan, Republicans have been on a "starve the beast" campaign - by which they mean eviscerate the government by taking away as much revenue as they can.

'There was some talk that a corporate tax holiday might be rolled up somehow into the debt-ceiling deal. I heard that from a few quarters in DC in the weeks leading up to Obama's Bighornesque debt/supercommittee massacre. However, the tax holiday turned out to not be part of that deal. That does not…

The debt deal will hurt the poorest Americans, convinced by Fox and the Tea Party to act against their own welfare

So the debt deal has finally been reached. As expected, the agreement arrives in a form that right-thinking people everywhere can feel terrible about with great confidence.

On July 25th, for instance, while John Boehner raced around the Capitol desperately pressing Republican House members for votes on a debt-ceiling bill that Harry Reid was calling dead-on-arrival in the Senate, America's new ambassador to Afghanistan, Ryan Crocker, took his oath of office in distant Kabul.  According to the New York Times, he then gave a short speech "warning" that "Western powers needed to 'proceed carefully'" and emphasized that when it came to the war, there would "be no rush for the exits." If, in Washington, people were rushing for those exits, no chance of that in Kabul almost a decade into America's second Afghan War.  There, the air strikes, night raids, assassinations, roadside bombs, and soldier and civilian deaths, we are assured, will continue to 2014 and beyond.  In a war in which every gallon of gas used by a fuel-guzzling US military costs $400 to $800 to import, time is no object and -- despite the panic in Washington over debt payments -- neither evidently is cost.

The text of the budget deal reached by President Barack Obama and congressional leaders contains few specific public disclosure provisions for the committee. The standing committees of Congress are allowed to send suggestions for ways to reduce the debt to the super committee members, but there is, as yet, no provision for the disclosure of those reports. The final report is required to be publicly disclosed upon completion, however there is no requirement that the report be placed online. There are also no official requirements for web-casting of committee meetings.

Even when the President repeatedly says he wants severe budget cuts, many refuse to believe him