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Member since: Fri Sep 17, 2004, 03:59 PM
Number of posts: 45,108

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Spotlight on Banks

What climate change?

Last 12 Months Hottest in Recorded US History


World Leaders at U.S. Meeting Urge Growth, Not Austerity

Source: New York Times

World Leaders at U.S. Meeting Urge Growth, Not Austerity
Published: May 19, 2012

CAMP DAVID, Md. — Leaders of the world’s richest countries banded together on Saturday to press Germany to back more pro-growth policies to halt the deepening debt crisis in Europe, as President Obama for the first time gained widespread support for his argument that Europe, and the United States by extension, cannot afford Chancellor Angela Merkel’s one-size-fits-all approach emphasizing austerity.

Pointedly recognizing “that the right measures are not the same for each of us,” the leaders of the Group of 8 nations, at a meeting hosted by Mr. Obama at Camp David, committed to “take all necessary steps” to strengthen their economies. They said they wanted to keep Greece in the euro zone and vowed to work to promote growth in Europe, though they did not detail how they would do so.

“Our imperative,” the leaders said in their statement, “is to promote growth and jobs.”

It is by no means the final word in the growth-versus-austerity fight that has been under way for two years. Even with the future of the European currency union in doubt, Germany has insisted that Europe’s ailing economies tackle their financial problems through spending cuts, a policy that critics say has caused higher unemployment, brought Greece to the edge of bankruptcy and worsened the crises in Spain and Italy.

Read more: http://www.nytimes.com/2012/05/20/world/world-leaders-at-us-meeting-urge-growth-not-austerity.html?_r=2

Blockbuster Investigation: All roads lead to Koch

All roads lead to Koch

by digby

This blockbuster investigation from Lee Fang at Republic Report should bust the myth once and for all that the right wing billionaire Koch Brothers are only interested in economics. In fact, it's clear that they are interested in electing Republicans by any means necessary:

Koch Operative Steered $55 Million To Front Groups Airing Ads Against Democrats; Ads Assailed Candidates Over Abortion, 9/11, Medicare
By Lee Fang posted May 19th 2012 at 2:00PM

Charles and David Koch, the billionaire owners of of Koch Industries, are known as big spenders when it comes to lobbying and influencing public policy. Now, a new document filed with the IRS reveals how the Koch political machine funneled over $54.5 million in previously undisclosed funds to a litany of front groups designed to smear Democrats.

The disclosure suggests that a very wide variety of Republican groups active in the last major election, from pro-life organizations that ran ads on abortion to shadowy fronts that aired partisan commercials with the infamous Ground Zero Mosque conspiracy, have been highly dependent on Koch money. The document also reveals that the Koch’s political network spent much more on electing the current Congress than previously known.

Sean Noble, a Republican consultant, was hired to help administer the Koch war chest. According to Politico, Noble was part of a group of GOP operatives who met regularly with Karl Rove’s Super PAC to target 120 House of Representatives races in 2010. The close coordination was pivotal in helping the Republican Party capture 63 seats in one of the biggest midterm election landslides in modern history.

Yesterday afternoon, OpenSecrets.org bloggers Viveca Novak and Robert Maguire were the first to flag a tax form filed by an obscure Arizona-based foundation called the Center to Protect Patients’ Rights, noting the foundation gave huge amounts almost exclusively to conservative groups that use undisclosed nonprofits to air partisan ads. The Center acted as a pass-through to distribute $44,599,946 in grants in 2010, and $10,783,500 the year before. Novak and Maguire also reported that the Center’s tax forms were prepared by at least one employee of the DCI Group, a lobbying business.


The Rest:


nice review:

What Will Romney Say About Chen Guangcheng's Release?

Got Your "GOP SOLUTIONS" Right Here!!!

‘GOP Solutions’ Tab On Boehner’s Website Leads To 404 Error

Here’s what happens when you click on the ’GOP solutions’ tab on that site:


Mitt Romney praises Meg Whitman as she prepares to lay off 30,000 workers

Mitt Romney praises Meg Whitman as she prepares to lay off 30,000 workers


Meg Whitman never said she liked to fire people, but on the same day that news of her plans to lay off 30,000 Hewlett-Packard employees leaked to the press, Mitt Romney felt inspired to lavish praise on her managerial skills . .

Capital One flagged ‘Friends of Scott Walker’ for credit card fraud

Capital One flagged ‘Friends of Scott Walker’ for credit card fraud

By Pro Publica
Friday, May 18, 2012 12:44 EDT

By Kim Barker ProPublica

When MaryAnn Nellis tried to pay for groceries on April 14, her credit card was declined. Later, she said, she found out why: Her credit card company, Capital One, had flagged an earlier purchase as potentially fraudulent. The problem? A $5 donation to Friends of Scott Walker, the Wisconsin governor’s campaign committee, Nellis said.

Nellis told a Capital One representative she had not made the donation to Walker, who is fighting an effort to recall him as governor in a closely watched, expensive election set for June 5.

“Over my dead body,” said Nellis, a potter and retired teacher in upstate New York who describes herself as “adamantly angry and upset” at Republicans such as Walker. Nellis disputed the charge and she was issued a new card.

Though the amount of money was small, ProPublica decided Nellis’ complaint was worth following up. There have been other reports recently about insecure campaign-donation websites and the potential for fraud. Earlier this month, The Washington Times reported that Restore Our Future, the super PAC supporting Republican Mitt Romney, was using a collection system that made online donors’ credit card information accessible to even amateur snoopers.

the rest:

Seems About Right to Me

Justice Joan Orie Melvin to step away from state Supreme Court to fight charges

Source: Pittsburgh Post Gazette

Justice Joan Orie Melvin to step away from state Supreme Court to fight charges
May 18, 2012 8:19 pm

By Paula Reed Ward / Pittsburgh Post-Gazette
State Supreme Court Justice Joan Orie Melvin surrendered to authorities this afternoon to face nine criminal counts pertaining to her alleged use of state resources for campaign purposes.

She arrived at City Court, Downtown, at 1:40 p.m., accompanied by her brother, attorney Jack Orie, and one of her daughters, Casey Melvin.

"I am a woman of faith," Justice Melvin said after she was released without bond following a video arraignment. "My strong faith in God is the cornerstone of my life. My faith will see me through this."

She denied the allegations against her.

Read more: http://www.post-gazette.com/stories/news/politics-state/justice-joan-orie-melvin-to-step-away-from-state-supreme-court-to-fight-charges-636503/
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