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Elizabeth Warren Embarrasses Hapless Bank Regulators At First Hearing (VIDEO)

February 15, 2013 in Uncategorized

huffingtonpost.com

WASHINGTON — Bank regulators got a sense Thursday of how their lives will be slightly different now that Elizabeth Warren sits on a Senate committee overseeing their agencies.

elizabethWarrenConfrontsBankRegulators

At her first Banking, Housing and Urban Affairs Committee hearing, Warren questioned top regulators from the alphabet soup that is the nation’s financial regulatory structure: the FDIC, SEC, OCC, CFPB, CFTC, Fed and Treasury.

The Democratic senator from Massachusetts had a straightforward question for them: When was the last time you took a Wall Street bank to trial? It was a harder question than it seemed.

“We do not have to bring people to trial,” Thomas Curry, head of the Office of the Comptroller of the Currency, assured Warren, declaring that his agency had secured a large number of “consent orders,” or settlements.

“I appreciate that you say you don’t have to bring them to trial. My question is, when did you bring them to trial?” she responded.

“We have not had to do it as a practical matter to achieve our supervisory goals,” Curry offered.

Warren turned to Elisse Walter, chair of the Securities and Exchange Commission, who said that the agency weighs how much it can extract from a bank without taking it to court against the cost of going to trial.

“I appreciate that. That’s what everybody does,” said Warren, a former Harvard law professor. “Can you identify the last time when you took the Wall Street banks to trial?”

“I will have to get back to you with specific information,” Walter said as the audience tittered. Read the rest of this entry →

Lie After Lie After Lie: What Colin Powell Knew Ten Years Ago Today and What He Said

February 6, 2013 in ANON NeWs, Headline, Politics, World News

By   –  huffingtonpost.com

 

Colin Powell’s Own Staff Had Warned Him Against His War Lies

Colin Powell’s Own Staff Had Warned Him Against His War Lies

Colin Powell made his Iraq presentation at the United Nations ten years ago today, on February 5th, 2003.

As much criticism as Powell has gotten for this — hecalls it ”painful” and says, “I get mad when bloggers accuse me of lying” — it hasn’t been close to what he deserves. That’s because there’s no question that Powell was consciously lying: he fabricated “evidence” and ignored repeated warnings that what he was saying was false.

We know this because of some good reporting and what’s seeped into the public record via one of the congressional investigations of pre-war Iraq intelligence. The record is still incomplete, because Congress never bothered to look at how Powell used the intelligence he received, and the corporate media has never taken a close look at what happened. But with what’s available we can go through Powell’s presentation line by line to demonstrate the chasm between what he knew and what he told the world. As you’ll see, there’s quite a lot to say about it.

Powell’s speech can be found on the archived State Department website here. All other sources are linked below.

PUBLIC CERTAINTY, PRIVATE DOUBT

On that February 5 in front of the UN Security Council, was Colin Powell certain what he was saying was accurate? He certainly was:

POWELL: My colleagues, every statement I make today is backed up by sources, solid sources. These are not assertions. What we’re giving you are facts and conclusions based on solid intelligence.

Later, regarding whether Iraq had reconstituted a nuclear weapons program, he said:

POWELL: [T]here is no doubt in my mind…

That’s in public. What about in private? According to Larry Wilkerson, Powell’s chief of staff, here’s what Powell was thinking at the time:

WILKERSON: [Powell] had walked into my office musing and he said words to the effect of, I wonder how we’ll all feel if we put half a million troops in Iraq and march from one end of the country to the other and find nothing. Read the rest of this entry →

Barack Obama Waives Rule Allowing Indefinite Military Detention Of Americans

March 2, 2012 in Headline, Occupy, Politics, Update

WASHINGTON — The White House released rules Tuesday evening waiving the most controversial piece of the new military detention law, and exempting U.S. citizens, as well as other broad categories of suspected terrorists.

Indefinite military detention of Americans and others was granted in the defense authorization bill President Barack Obama signed just before Christmas, sparking a storm of anger from civil libertarians on the left and right.

The new rules — which deal with Section 1022 of the law — are aimed at soothing many of their gravest concerns, an administration official said. Those concerns are led by the possibility that a law that grants the president authority to jail Americans without trial in Guantanamo Bay based on secret evidence could easily be abused. Read the rest of this entry →

Roger Waters – Occupy

February 25, 2012 in ANON NeWs, Editorial, Finance, Headline, Occupy, Politics, Video Perspective, World News

Uploaded by on Nov 4, 2011  -  Occupy


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Illinois Eavesdropping Act Dead? House Committee Wants Law Changed Before NATO, G8 Protests

February 11, 2012 in Headline, Occupy, Politics

An Illinois House Committee approved amendments to the hotly-contested Eavesdropping Act Wednesday that would decriminalize the recording of police officers when they’re enforcing laws in a public space, seen by many as a nod to the upcoming NATO/G8 summits where masses of protesters are expected to clash with Chicago police.

Under the current law, any individual who video or audio records a law enforcement officer, even in a public space, can be arrested and charged with a class 1 felony, a lesson Tiawanda Moore learned after officers she’d accused of sexual harassment and taped threatened her with felony charges and jail time.

Read the rest of this entry →