Clearly, the only thing that limits the power of the banking lobby is the anger of American voters that the very banks that drove the economy over the cliff and were bailed out by taxpayers are now spending lavishly to block reforms needed to insure this doesn't happen again. That popular anger makes legislators reluctant to appear in the banks' pockets in public.
A frmer CIA analyst says, "Not since Vietnam has there been as deep a divide over intelligence as to enemy capabilities as you are seeing now in Iraq."
Reputation Economics Revisited
by Stranded Wind
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Thu Apr 15, 2010 at 11:52:41 PM PDT
Scientists also criticize BP for refusing to use well-known scientific techniques that would give a more precise figure. BP claims that the the huge black plume of oil gushing at great speed and force (in video released after much WH / media pressure) CANNOT be measured. Bullpucky! The leak is easily 4-5X larger than 5,000 barrels/day originally estimated.
A federal appeals court on Thursday rejected an effort by environmental and Native American groups to stop exploratory oil drilling off the coast of Alaska that could begin this summer.
NPR's Richard Harris has learned that much more oil, 70,000 barrels a day or more than ten times the official estimate, is gushing into the Gulf of Mexico from the Deepwater Horizon pipe, based on scientific analysis of the video released Wednesday.