Skip to main content

Home/ Politically Minded/ Group items tagged washington post

Rss Feed Group items tagged

Filter: All | Bookmarks | Topics Simple Middle
thinkahol *

Signing Out-By Ken Silverstein (Harper's Magazine) - 0 views

harpers.org/...hbc-90007662

Signing Out-By Ken Silverstein (Harper's Magazine)

shared by thinkahol * on 03 Oct 10 - No Cached
  • thinkahol * on 03 Oct 10
     
    This is my last post here at Washington Babylon and I'll be leaving my positions as Harper's Washington Editor (I will remain as a contributing editor to the magazine). I've received a fellowship at the Open Society Institute and will also be leading special investigations at Global Witness, which has offices in London and in Washington. My work for both will focus on long-term international investigations.
thinkahol *

A Call to Action | US Uncut - 0 views

www.usuncut.org/...a-call-to-action

A Call to Action | US Uncut

shared by thinkahol * on 20 Feb 11 - No Cached
  • thinkahol * on 20 Feb 11
     
    The "progressive tea party" has been born. Inspired by the UK Uncut movement, the popular revolutions sweeping through North Africa, and articles in the Nation and Washington Post, activists in Mississippi, Chicago, New York, California, Maine, Oklahoma, North Carolina, Washington DC and elsewhere have started US Uncut to mobilize against corporate tax cheats who are costing America billions of dollars each year and forcing the government to propose deep cuts to vital services and pay freezes for hardworking families.
thinkahol *

Snapshots of Washington's essence - Salon.com - 0 views

www.salon.com/...singleton

Snapshots of Washington's essence - Salon.com

shared by thinkahol * on 31 Dec 11 - No Cached
  • thinkahol * on 31 Dec 11
     
    I intended to post sporadically or not at all this week, and that's still my plan, but there is a new Washington Post article which contains three short passages that I really want to highlight because they so vividly capture the essence of so much. The article, by Greg Miller, is being promoted by the Post this way: "In 3 years, the Obama administration has built a vast drone/killing operation"; it describes the complete secrecy behind which this is all being carried out and notes: "no president has ever relied so extensively on the secret killing of individuals to advance the nation's security goals." Here is the first beautifully revealing passage:
thinkahol *

The Jeffrey Goldberg Media - Glenn Greenwald - Salon.com - 0 views

www.salon.com/...index.html

media jeffrey goldberg

shared by thinkahol * on 28 Jun 10 - Cached
  • thinkahol * on 28 Jun 10
     
    In a stunning display of self-unawareness, The Atlantic's Jeffrey Goldberg pointed to last week's forced "resignation" by Dave Weigel from The Washington Post as evidence that the Post, "in its general desperation for page views, now hires people who came up in journalism without much adult supervision, and without the proper amount of toilet-training." Goldberg then solemnly expressed hope that "this episode will lead to the reimposition of some level of standards." Numerous commentators immediately noted the supreme and obvious irony that Goldberg, of all people, would anoint himself condescending arbiter of journalistic standards, given that, as one of the leading media cheerleaders for the attack on Iraq, he compiled a record of humiliating falsehood-dissemination in the run-up to the war that rivaled Judy Miller's both in terms of recklessness and destructive impact.
thinkahol *

Newly leaked documents show the ongoing travesty of Guantanamo - Glenn Greenwald - Salo... - 0 views

www.salon.com/...index.html

Newly leaked documents show the ongoing travesty of Guantanamo - Glenn Greenwald Salon.com

shared by thinkahol * on 27 Apr 11 - No Cached
  • thinkahol * on 27 Apr 11
     
    Numerous media outlets -- The New York Times, The Washington Post, The Guardian, The Telegraph, and NPR, among others - last night published classified files on more than 700 past and present Guantanamo detainees. The leak was originally provided to WikiLeaks, which then gave them to the Post, NPR and others; the NYT and The Guardian claim to have received them from "another source" (WikiLeaks suggested the "other source" was Daniel Domscheit-Berg, a former WikiLeaks associate who WikiLeaks claims took, without authorization, many WikiLeaks files when he left). The documents reveal vast new information about these detainees and, in particular, the shoddy and unreliable nature of the "evidence" used (both before and now) to justify their due-process-free detentions. There are several points worth noting about all this:
Skeptical Debunker

Marshall Auerback: Memo to Greece: Make War Not Love with Goldman Sachs - 0 views

www.huffingtonpost.com/...reece-make-war-n_b_471902.html

Greece finance crisis suggestion war Goldman Sachs

shared by Skeptical Debunker on 22 Feb 10 - Cached
  • We know that the Obama administration will not go after the banksters that created this global financial calamity. It has been thoroughly co-opted by Wall Street's fifth column, who hold most of the important posts in the administration. Europe has even more at stake and has shown somewhat more willingness to take action. Perhaps our only hope for retribution lies there.
  • Some might believe the term "banksters" is too mean. Surely Wall Street was just doing its job -- providing the financial services wanted by the world. Yes, it all turned out a tad unfortunate but no one could have foreseen that so many of the financial innovations would turn into black swans. And hasn't Wall Street learned its lesson and changed its practices? Fat chance. We know from internal emails that everyone on Wall Street saw this coming -- indeed, they sold trash assets and placed bets that they would crater. The crisis was not a mistake -- it was the foregone conclusion. The FBI warned of an epidemic of fraud back in 2004 -- with 80% of the fraud on the part of lenders. As Bill Black has been warning since the days of the Saving and Loan crisis, the most devastating kind of fraud is the "control fraud," perpetrated by the financial institution's management. Wall Street is, and was, run by control frauds. Not only were they busy defrauding the borrowers, like Greece, but they were simultaneously defrauding the owners of the firms they ran. Now add to that list the taxpayers that bailed out the firms. And Goldman is front and center when it comes to bad apples. Lest anyone believe that Goldman's executives were somehow unaware of bad deals done by rogue traders, William Cohan reports that top management unloaded their Goldman stocks in March 2008 when Bear crashed, and again when Lehman collapsed in September 2008. Why? Quite simple: they knew the firm was full of toxic waste that it would not be able to continue to unload on suckers -- and the only protection it had came from AIG, which it knew to be a bad counterparty. Hence on March 19, Jack Levy (co-chair of M&As) sold over $5 million of Goldman's stock and bet against 60,000 more shares; Gerald Corrigan (former head of the NY Fed who was rewarded for that tenure with a position as managing director of Goldman) sold 15,000 shares in March; Jon Winkelried (Goldman's co-president) sold 20,000 shares. After the Lehman fiasco, Levy sold over $6 million of Goldman shares and Masanori Mochida (head of Goldman in Japan) sold $56 million worth. The bloodletting by top management only stopped when Goldman got Geithner's NYFed to produce a bail-out for AIG, which of course turned around and funneled government money to Goldman. With the government rescue, the control frauds decided it was safe to stop betting against their firm. So much for the "savvy businessmen" that President Obama believes to be in charge of Wall Street firms like Goldman.
  • From 2001 through November 2009 (note the date -- a full year after Lehman) Goldman created financial instruments to hide European government debt, for example through currency trades or by pushing debt into the future. But not only did Goldman and other financial firms help and encourage Greece to take on more debt, they also brokered credit default swaps on Greece's debt-making income on bets that Greece would default. No doubt they also took positions as the financial conditions deteriorated-betting on default and driving up CDS spreads. But it gets even worse: An article by the German newspaper, Handelsblatt, ("Die Fieberkurve der griechischen Schuldenkrise", Feb. 20, 2010) strongly indicates that AIG, everybody's favorite poster boy for financial deviancy, may have been the party which sold the credit default swaps on Greece (English translation here). Generally, speaking, these CDSs lead to credit downgrades by ratings agencies, which drive spreads higher. In other words, Wall Street, led here by Goldman and AIG, helped to create the debt, then helped to create the hysteria about possible defaults. As CDS prices rise and Greece's credit rating collapses, the interest rate it must pay on bonds rises-fueling a death spiral because it cannot cut spending or raise taxes sufficiently to reduce its deficit. Having been bailed out by the Obama Administration, Wall Street firms are already eyeing other victims (and for allowing these kinds of activities to continue, the US Treasury remains indirectly complicit, another good reason why one shouldn't expect any action coming out of Washington). Since the economic collapse is causing all Euronations to run larger budget deficits and at the same time is raising CDS prices and interest rates, it is easy to pick off nation after nation. This will not stop with Greece, so it is in the interest of Euroland to stop the vampires now. With Washington unlikely to do anything to constrain Goldman, it looks like the European Union, which is launching a major audit, just might banish the bank from dealing in government debt. The problem is that CDS markets are essentially unregulated so such a ban will not prevent Wall Street from bringing down more countries-because they do not have to hold debt in order to bet against it using CDSs. These kinds of derivatives have already brought down an entire continent -- Asia -- in the late 1990s , and yet authorities are still standing by and basically doing nothing when CDSs are being used again to speculatively attack Euroland. The absence of sanctions last year, when we had a chance to deal with this problem once and for all, has simply induced even more outrageous and fundamentally anti-social behavior. It has pitted neighbor against neighbor -- with, for example, Germany and Greece lobbing insults at one another (Greece has requested reparations for WWII damages; Germany has complained about subsidizing what it perceives to be excessive social spending in Greece). Of course, as far as Greece goes, the claim now is that these types of off balance sheet transactions in which Goldman and others engaged were not strictly "illegal" under EU law. But these are precisely the kinds of "shadow banking transactions" that almost brought down the global financial system 18 months ago. Literally a year after the Lehman bankruptcy -- MONTHS after Goldman itself was saved from total ruin, it was again engaging in these kinds of deals. And it wasn't exactly a low-level functionary or "rogue trader" who was carrying out these transactions on behalf of Goldman. Gary Cohn is Lloyd "We're doing God's work" Blankfein's number 2 man. So it's hard to believe that St. Lloyd did not sanction the activities as well in advance of collecting his "modest" $9m bonus for last year's work.
  • Skeptical Debunker on 22 Feb 10
     
    Ok, if a literal armed attack on Goldman is too far-fetched, then go after the firm using the full force of the regulatory and legal systems. Close the offices and go through the files with a fine-tooth comb. Issue subpoenas to all non-clerical staff for court appearances. Make the internal emails public. Post the names of all managers and traders on Interpol. Arrest anyone who tries to board a plane, train, or boat; confiscate their passports; revoke their visas and work permits; and put a hold on their bank accounts until culpability can be assessed. Make life at least as miserable for them as it now is for Europe's tens of millions of unemployed workers.
thinkahol *

'You're creating a vision of the sort of society you want to have in miniature.' - The ... - 0 views

www.washingtonpost.com/...gIQAXVg7HL_blog.html

'You're creating a vision of sort society you want to have in miniature.' - The Washington Post

shared by thinkahol * on 04 Oct 11 - No Cached
  • thinkahol * on 04 Oct 11
     
    An interview with one of 'Occupy Wall Street's' organizers.
thinkahol *

Could this time have been different? - The Washington Post - 0 views

www.washingtonpost.com/...gIQAiJo0VL_blog.html

Could this time have been different? - The Washington Post Ezra Klein

shared by thinkahol * on 09 Oct 11 - No Cached
  • thinkahol * on 09 Oct 11
     
    A deep look at the economic policies we did and didn't choose.
Muslim Academy

Genocide of Muslims in Burma - 0 views

muslim-academy.com/genocide-of-muslims-in-burma

Burma muslims killing Burma muslims miseries of muslims Genocide of Muslims in Burma

shared by Muslim Academy on 25 Aug 12 - No Cached
  • Muslim Academy on 25 Aug 12
     
    Burma is a country with about 0.7 million Muslim population out of total 75 million population. Muslims in Burma have been suffering badly since the year 1962 after the military took over. Since then thousands of Muslims have been killed and thousands of women have been raped but the recent wave of violence is worse than all the previous incidents. Almost every family of Muslims is a victim of Buddhist led regime of Burma. Suffering from such deliberate genocide, many of the Muslims have been compelled to leave their houses and migrate to neighboring countries. The most sad and tragic aspect of this genocide is that nobody is willing to speak against this cruelty. The entire mainstream media is showing criminal silence upon this mass killing going on in Burma against Muslims. We are not seeing any projection for Burmese Muslims in British Broadcasting Corporation, Cable News Network; Fox New, Bloomberg, New York Times, Washington Post, Wall Street Journal, Reuters, and other mainstream print and electronic sections of the media. The response from various Human Rights organizations such as Human Rights Watch, Amnesty International, and others is also very tragic and disappointed. These human rights organizations have failed to project this inhuman genocide against Muslims which is going on in Burma. Like is the case with international platforms or so called representatives of the world. The United Nations Organizations also failed to show significant and powerful response against mass killings of Muslims in Burma. The only considerable response we have seen yet is from the Organization of Islamic Conference (OIC) and a few Islamic countries like Turkey, Saudi Arabia and Pakistan etc. Similarly, social media campaigns are also projecting this inhuman incident effectively; there are a number of pages on Facebook and other social media websites that are raising voice for this cause.
Skeptical Debunker

Opinion: Trudy Rubin: U.S. ignores health care successes in Europe, Japan - San Jose Me... - 0 views

www.mercurynews.com/...ci_14498573

healthcare conservative lies socialism myths

shared by Skeptical Debunker on 05 Mar 10 - Cached
  • Skeptical Debunker on 05 Mar 10
     
    One of the most bewildering aspects of the current health care debate is the failure to learn key lessons from health systems abroad. Conservative talk show hosts decry the alleged evils of "socialized medicine" in countries with universal health coverage; they warn grimly of rationed health care. Yet there's nary a peep from Rush Limbaugh or Glenn Beck - let alone Congress - about countries such as Germany, France, Switzerland or Japan, where coverage is universal, affordable, and top quality, and patients see private doctors with little or no waiting. And, oh yes, their health costs are a fraction of our bloated numbers: The French spend 10 percent of GDP on health care, the Germans 11 percent, and they cover every citizen. We spend a whopping 17 percent and leave tens of millions of Americans uninsured. If you want a very readable short course on how European systems really work, take a look at "The Healing of America: A Global Quest for Better, Cheaper, and Fairer Health Care," by T.R. Reid, a former Washington Post foreign correspondent. You might also watch a fascinating 2008 Frontline series, available online, in which Reid was an adviser: "Sick Around the World: Can the U.S. Learn Anything From the Rest of the World About How to Run a Health Care System?"
  • Skeptical Debunker on 05 Mar 10
     
    Article continued (Diigo would not highlight!?) - So far, the answer seems to be "no," not because there aren't valuable lessons, but because politicians won't relinquish their myths about European health Advertisement systems. Reid takes up that task. Myth No. 1, he says, is that foreign systems with universal coverage are all "socialized medicine." In countries such as France, Germany, Switzerland, and Japan, the coverage is universal while doctors and insurers are private. Individuals get their insurance through their workplace, sharing the premium with their employer as we do - and the government picks up the premium if they lose their job. Myth No. 2 - long waits and rationed care - is another whopper. "In many developed countries," Reid writes, "people have quicker access to care and more choice than Americans do." In France, Germany, and Japan, you can pick any provider or hospital in the country. Care is speedy and high quality, and no one is turned down. Myth No. 3 really grabs my attention: the delusion that countries with universal care "are wasteful systems run by bloated bureaucracies." In fact, the opposite is true. America's for-profit health insurance companies have the highest administrative costs of any developed country. Twenty percent or more of every premium dollar goes to nonmedical costs: paperwork, marketing, profits, etc. In developed countries with universal coverage, such as France and Germany, the administrative costs average about 5 percent. That's because every developed country but ours has decided health insurance should be a nonprofit operation. These countries also hold down costs by making coverage mandatory and by using a unified set of rules and payment schedules for all hospitals and doctors. This does not mean a single-payer system or a government-run health system. But it does sharply cut health costs by eliminating the mishmash of records and charges used by our myriad insurance firms, who use all kinds of gimmi
Michael Hughes

Undoing damage in Afghanistan wrought by Bush-era diplomat - 0 views

www.examiner.com/...an-wrought-by-Bushera-diplomat

Afghanistan

shared by Michael Hughes on 10 May 10 - Cached
  • Michael Hughes on 10 May 10
     
    Kathleen Parker of the Washington Post advised the White House a few weeks ago to "page" former Bush administration ambassador Zalmay Khalilzad because his "healing powers" could restore Afghan President Hamid Karzai's soundness of mind - a suggestion more insane than Karzai himself.
thinkahol *

ThinkProgress » Fulfilling Father's Campaign To Segregate Public Schools, Koc... - 0 views

thinkprogress.org/...koch-segregation

ThinkProgress » Fulfilling Father's Campaign To Segregate Public Schools Koch Groups End Successful Integration Program In NC

shared by thinkahol * on 15 Jan 11 - No Cached
  • thinkahol * on 15 Jan 11
     
    Today in the Washington Post, reporter Stephanie McCrummen detailed how a right-wing campaign in the Wake County area of North Carolina has taken over the school board with a pledge to end a very successful socio-economic integration plan. The integration plan, which created thriving schools in poor African-American parts of the school district along with achieving diversity in schools located in wealthy white enclaves, was a model for the nation. However, Americans for Prosperity (AFP), the Tea Party group founded and funded by billionaire brothers Charles and David Koch, worked with local right-wing financier (and AFP board member) Art Pope to fundamentally change Wake County's school board:
thinkahol *

A link between climate change and Joplin tornadoes? Never! - The Washington Post - 0 views

www.washingtonpost.com/...AFrVC49G_story.html

A link between climate change and Joplin tornadoes? Never! - The Washington Post

shared by thinkahol * on 01 Jun 11 - No Cached
  • thinkahol * on 01 Jun 11
     
    Caution: It is vitally important not to make connections. When you see pictures of rubble like this week's shots from Joplin, Mo., you should not wonder: Is this somehow related to the tornado outbreak three weeks ago in Tuscaloosa, Ala., or the enormous outbreak a couple of weeks before that (which, together, comprised the most active April for tornadoes in U.S. history). No, that doesn't mean a thing. It is far better to think of these as isolated, unpredictable, discrete events. It is not advisable to try to connect them in your mind with, say, the fires burning across Texas - fires that have burned more of America at this point this year than any wildfires have in previous years. Texas, and adjoining parts of Oklahoma and New Mexico, are drier than they've ever been - the drought is worse than that of the Dust Bowl. But do not wonder if they're somehow connected.
thinkahol *

A Road Map to Economic Armageddon - Book Review - Truthdig - 0 views

www.truthdig.com/...o_economic_armageddon_20110602

A Road Map to Economic Armageddon - Book Review Truthdig

shared by thinkahol * on 13 Jun 11 - No Cached
  • thinkahol * on 13 Jun 11
     
    By John B. Taylor This review is from a syndication service of The Washington Post. In "Reckless Endangerment," Gretchen Morgenson and Joshua Rosner argue that cozy connections between government and the financial industry were the primary cause of the financial crisis. While many economists-including this reviewer-have argued that government actions caused the crisis, Morgenson and Rosner use their investigative skills to dig down and explain why those actions were taken. The book focuses on two government agencies, Fannie Mae and the Federal Reserve. The mutual support system is better explained and documented in the case of Fannie, the government-sponsored enterprise that supported the home mortgage market by buying mortgages and packaging them into marketable securities, which it then guaranteed and sold to investors.
1 - 20 of 36 Next ›
Showing 20▼ items per page