[164949] in Zephyr_Bugs
JPMorgan Chase Chairman Jamie Dimon, the Whale Man and
daemon@ATHENA.MIT.EDU (t r u t h o u t)
Tue May 15 16:31:41 2012
Message-ID: <1018097375.1098608203@org2.org2DB.mail.democracyinaction.org>
Date: Tue, 15 May 2012 16:31:40 -0400 (EDT)
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t r u t h o u t | The disconnect between reality and the corporate-media-military-big-oil complex's propaganda has never been more stark. The hunger for real information that can lead directly to action is voracious - but we need you to help us feed it! If you can make a tax-deductible donation of any amount, your support will immediately go to work, getting the stories that actually matter out into the public consciousness. Please contribute today.
https://members.truth-out.org/donate
You can also donate by check, made payable to:
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(Please include your email address on your check.)
Or call in your donation:
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05.15
JPMorgan Chase Chairman Jamie Dimon, the Whale Man and Glass-Steagall
http://truth-out.org/news/item/9134-jpm-chase-chairman-jamie-dimon-the-whale-man-and-glass-steagall
Nomi Prins, Nomi Prins' Blog: "It was fitting that while President Obama and his Hollywood apostles broke fundraising records at a sumptuous $40,000 per plate dinner at George Clooney's place, word of JPM Chase's 'mistake' rippled through the news. Not long ago, Dimon's name was batted about to become Treasury Secretary. But as lines are drawn and pundits take sides in the Jamie Dimon ego deflation saga - or, as I see it - why big banks should be made smaller and then, broken up into commercial vs. speculative components ala Glass-Steagall - it's important to look beyond the size of the $2 billion dollar (and counting) beached whale of a trading loss."
Richard D. Wolff | Capitalism Is Taboo in America
http://truth-out.org/opinion/item/9139-capitalism-is-taboo-in-america
Richard D. Wolff in Conversation With David Barsamian, City Lights Publishers: "Americans have criticized and debated their educational, medical, welfare, transportation, mass media, political, and many other institutions and systems. They have questioned and at least partly transformed such traditional institutions as racism, sexism, the heterosexual family and the state. They have even sometimes challenged this or that aspect of the economy such as prices, Federal Reserve actions, and so on, but almost never the particular economic system. Questioning and criticizing capitalism have been taboo, treated by federal authorities, immigration officials, police and most of the public alike as akin to treason. Fear-driven silence has substituted for the necessary, healthy criticism without which all institutions, systems, and traditions harden into dogmas, deteriorate into social rigidities, or worse."
Studies Suggest Economic Inequity Is Built Into, and Worsened by, School Systems
http://truth-out.org/news/item/8993-studies-suggest-economic-inequity-is-built-into-and-worsened-by-school-systems
Paul Thomas, Truthout: "As Secretary of Education, Arne Duncan represents both the discourse and policy currently driving education reform in the US. On September 24, 2009, Duncan spoke about equity, education reform and the possibility of reauthorizing the federal education legislation known as No Child Left Behind (NCLB)."
A US Financial Transaction Tax: How Wall Street Can Pay for Its Mess
http://truth-out.org/opinion/item/9155-a-us-financial-transaction-tax-how-wall-street-can-pay-for-its-mess
Robert Pollin, Moyers & Co.: "As we continue to suffer the consequences of the 2008-2009 global financial crash caused by casino capitalism, one idea for bringing some measure of control over speculative financial practices that has gained worldwide support is to impose a tax on financial market transactions. This has been variously termed a financial transaction tax (FTT) and, more vividly, a 'Make Wall Street Pay tax,' an 'anti-speculation tax,' and a 'Robin Hood tax.'"
Outside a Women's Prison in New York for Mother's Day
http://truth-out.org/news/item/9132-outside-a-womens-prison-in-new-york-for-mothers-day
Natasha Lennard, Truthout: "Anarchist Black Cross - a network of collectives which have organized prisoner solidarity actions since the early twentieth century - regularly set up letter writing to individuals seemingly imprisoned because of their political positions and organize noise demonstrations worldwide. The call out for Saturday's demonstration from NYC Anarchist Black Cross spoke specifically to the issue of imprisoned mothers: '[O]n the eve of Mother's Day NYC Anarchist Black Cross calls for a world without cages for all. We call for it during this time, because 2/3 of all women in prison are mothers and we recognize the forced separation of a child from their caregiver by the state as an act of violence,' it read."
Key Murdoch Aide Rebekah Brooks to Be Prosecuted in Hacking Case
http://truth-out.org/news/item/9131-key-murdoch-aide-rebekah-brooks-to-be-prosecuted-in-hacking-case
John F. Burns and Alan Cowell, The New York Times News Service: "Once among the most powerful figures in the British media, with close contacts stretching from her boss, Rupert Murdoch, to her friend, David Cameron, Rebekah Brooks, the former head of Mr. Murdoch's British newspaper empire, was told by prosecutors on Tuesday that she, her husband and four others will face charges of conspiring to pervert the course of justice in the hacking scandal that has burrowed into public life here."
Sen. Mark Warner, Leading Democratic Critic of Volcker Rule, Invests With JPMorgan Unit Likely Affected by Volcker Rule
http://truth-out.org/news/item/9149-senator-mark-warner-leading-democratic-critic-of-volcker-rule-invests-with-jp-morgan-unit-likely-affected-by-volcker-rule
Lee Fang, Republic Report: "In March, Senator Mark Warner (D-VA) led members from both parties in introducing legislation to delay the implementation of the Volcker Rule, a new regulation to limit risky trading by big banks. He was joined by Pat Toomey (R-PA), one of the biggest proponents of financial deregulation in the Senate. The legislation may come back to haunt Warner, who has cultivated close financial ties with J.P. Morgan Chase & Co."
The National Security State Wins (Again)
http://truth-out.org/news/item/9133-the-national-security-state-wins-again
William J. Astore, TomDispatch: "Now that Mitt Romney is the presumptive nominee of the Republican Party, the media is already handicapping the presidential election big time, and the neck-and-neck opinion polls are pouring in. But whether President Obama gets his second term or Romney enters the Oval Office, there's a third candidate no one's paying much attention to, and that candidate is guaranteed to be the one clear winner of election 2012: the U.S. military and our ever-surging national security state."
On the News With Thom Hartmann: A Lawsuit Could Put an End to the GOP's Perpetual Senate Filibuster, and More
http://truth-out.org/news/item/9159-on-the-news-with-thom-hartmann-a-lawsuit-could-put-an-end-to-the-gops-perpetual-senate-filibuster-and-more
In today's On the News segment: Common Cause files suit against the US Senate over filibuster rules, all signs now point to a Greek default and exit from the euro, the Virginia House of Delegates is guilty of blatant discrimination, and more.
Paul Krugman | In South America, Separating Fact From Fiction
http://truth-out.org/opinion/item/9152-in-south-america-separating-fact-from-fiction
Paul Krugman, Krugman & Co.: "The columnist Matt Yglesias, who just spent time in Argentina, recently wrote in Slate about the lessons of that country's recovery following its exit from the one-peso-one-dollar 'convertibility law.' As he says, it's a remarkable success story, and one that arguably holds lessons for the euro zone."
Trayvon Martin, a Man of His Time: White Supremacy and the Murders of Young People of Color
http://truth-out.org/news/item/9122-trayvon-martin-a-man-of-his-time-or-explaining-the-murders-of-young-people-of-color-to-white-people
Jimmy Johnson, Truthout: "Once again, the US black community is up in (figurative) arms about systemic white supremacy raising up (literal) arms. Once again, white America is faced with what philosopher Charles Mills called the 'reoccupation of nonwhite moral and political thought with issues of race, puzzling alike to a white liberalism predicated on colorless atomic individuals and a white Marxism predicated on colorless classes in struggle.' What indeed is the focus on race? Part of this puzzle's solution - and part of stopping such killings in the future - lies in understanding Trayvon Martin as a man of his time."
TRUTHOUT'S BUZZFLASH DAILY HEADLINES
The BuzzFlash commentary for Truthout will return soon.
Iraq War Vet Wants to Return His Medals During NATO Summit
Read the Article at The Chicago Tribune
http://www.chicagotribune.com/news/columnists/ct-met-trice-nato-0514-20120514,0,400016.column
Rachel Maddow | Rush Limbaugh, Busted
Read the Article at MSNBC
http://maddowblog.msnbc.msn.com/_news/2012/05/15/11715418-rush-limbaugh-busted?lite
Boehner Threatens to Take the Debt Limit Hostage Again
Read the Article at ThinkProgress
http://thinkprogress.org/economy/2012/05/15/484255/boehner-debt-limit-sequel/
The New Right-Wing Meme - Obama Is Gay
Read the Article at Addicting Info
http://www.addictinginfo.org/2012/05/14/the-new-right-wing-meme-obama-is-gay-audio/
The Civilian Toll in Afghanistan
Read the Article at The Nation
http://www.thenation.com/blog/167894/civilian-toll-afghanistan
Wisconsin Democrats Furious With DNC for Refusing to Invest Big Money in Walker Recall
Read the Article at The Washington Post
http://www.washingtonpost.com/blogs/plum-line/post/exclusive-wisconsin-dems-furious-with-dnc-for-refusing-to-invest-big-money-in-walker-recall/2012/05/14/gIQAj6lxOU_blog.html
Wrong Man Executed in Texas, Probe Says
Read the Article at Agence France-Presse
http://www.timesofoman.com/innercat.asp?detail=4969
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<p style=3D"font-size: 110%"><b>Or call in your donation:</b><br />
213.489.1971</p>
</em> Tuesday 15 May 2012 <br />
<br />
<font><strong>JPMorgan Chase Chairman Jamie Dimon, the Whale Man and Glass-=
Steagall</strong></font><br />
Nomi Prins, Nomi Prins' Blog: "It was fitting that while President Obama an=
d his Hollywood apostles broke fundraising records at a sumptuous $40,000 p=
er plate dinner at George Clooney's place, word of JPM Chase's 'mistake' ri=
ppled through the news. Not long ago, Dimon's name was batted about to beco=
me Treasury Secretary. But as lines are drawn and pundits take sides in the=
Jamie Dimon ego deflation saga - or, as I see it - why big banks should be=
made smaller and then, broken up into commercial vs. speculative component=
s ala Glass-Steagall - it's important to look beyond the size of the $2 bil=
lion dollar (and counting) beached whale of a trading loss." <br />
<a href=3D"http://org2.democracyinaction.org/dia/track.jsp?v=3D2&c=3Dw5QZO6=
kKXY4RaSqOn8JsnnM5946rVeor"><font color=3D"#cc0000">Read the Article</font>=
</a> <br />
<br />
<font><strong>Richard D. Wolff | Capitalism Is Taboo in America</strong></f=
ont><br />
Richard D. Wolff in Conversation With David Barsamian, City Lights Publishe=
rs: "Americans have criticized and debated their educational, medical, welf=
are, transportation, mass media, political, and many other institutions and=
systems. They have questioned and at least partly transformed such traditi=
onal institutions as racism, sexism, the heterosexual family and the state.=
They have even sometimes challenged this or that aspect of the economy suc=
h as prices, Federal Reserve actions, and so on, but almost never the parti=
cular economic system. Questioning and criticizing capitalism have been tab=
oo, treated by federal authorities, immigration officials, police and most =
of the public alike as akin to treason. Fear-driven silence has substituted=
for the necessary, healthy criticism without which all institutions, syste=
ms, and traditions harden into dogmas, deteriorate into social rigidities, =
or worse."<br />
<a href=3D"http://org2.democracyinaction.org/dia/track.jsp?v=3D2&c=3DRXtApa=
%2F3Kj8MAs832IDM3nM5946rVeor"><font color=3D"#cc0000">Read the Article</fon=
t></a> <br />
<br />
<font><strong>Studies Suggest Economic Inequity Is Built Into, and Worsened=
by, School Systems</strong></font><br />
Paul Thomas, Truthout: "As Secretary of Education, Arne Duncan represents b=
oth the discourse and policy currently driving education reform in the US. =
On September 24, 2009, Duncan spoke about equity, education reform and the =
possibility of reauthorizing the federal education legislation known as No =
Child Left Behind (NCLB)." <br />
<a href=3D"http://org2.democracyinaction.org/dia/track.jsp?v=3D2&c=3Dsrb3DA=
yVgdDn6MpwLUsynHM5946rVeor"><font color=3D"#cc0000">Read the Article</font>=
</a> <br />
<br />
<font><strong>A US Financial Transaction Tax: How Wall Street Can Pay for I=
ts Mess</strong></font><br />
Robert Pollin, Moyers & Co.: "As we continue to suffer the consequences=
of the 2008-2009 global financial crash caused by casino capitalism, one i=
dea for bringing some measure of control over speculative financial practic=
es that has gained worldwide support is to impose a tax on financial market=
transactions. This has been variously termed a financial transaction tax (=
FTT) and, more vividly, a 'Make Wall Street Pay tax,' an 'anti-speculation =
tax,' and a 'Robin Hood tax.'" <br />
<a href=3D"http://org2.democracyinaction.org/dia/track.jsp?v=3D2&c=3DRtS0Rp=
fjdABe9NveV3VtBHM5946rVeor"><font color=3D"#cc0000">Read the Article</font>=
</a> <br />
<br />
<font><strong>Outside a Women's Prison in New York for Mother's Day</strong=
></font><br />
Natasha Lennard, Truthout: "Anarchist Black Cross - a network of collective=
s which have organized prisoner solidarity actions since the early twentiet=
h century - regularly set up letter writing to individuals seemingly impris=
oned because of their political positions and organize noise demonstrations=
worldwide. The call out for Saturday's demonstration from NYC Anarchist Bl=
ack Cross spoke specifically to the issue of imprisoned mothers: '[O]n the =
eve of Mother's Day NYC Anarchist Black Cross calls for a world without cag=
es for all. We call for it during this time, because 2/3 of all women in pr=
ison are mothers and we recognize the forced separation of a child from the=
ir caregiver by the state as an act of violence,' it read." <br />
<a href=3D"http://org2.democracyinaction.org/dia/track.jsp?v=3D2&c=3D0rTpHE=
MB1wOKurvGA%2FfWFXM5946rVeor"><font color=3D"#cc0000">Read the Article</fon=
t></a> <br />
<br />
<font><strong>Key Murdoch Aide Rebekah Brooks to Be Prosecuted in Hacking C=
ase</strong></font><br />
John F. Burns and Alan Cowell, The New York Times News Service: "Once among=
the most powerful figures in the British media, with close contacts stretc=
hing from her boss, Rupert Murdoch, to her friend, David Cameron, Rebekah B=
rooks, the former head of Mr. Murdoch's British newspaper empire, was told =
by prosecutors on Tuesday that she, her husband and four others will face c=
harges of conspiring to pervert the course of justice in the hacking scanda=
l that has burrowed into public life here."<br />
<a href=3D"http://org2.democracyinaction.org/dia/track.jsp?v=3D2&c=3Ddt7nPs=
PFcPi7wqk%2B3ryDlHM5946rVeor"><font color=3D"#cc0000">Read the Article</fon=
t></a> <br />
<br />
<font><strong>Sen. Mark Warner, Leading Democratic Critic of Volcker Rule, =
Invests With JPMorgan Unit Likely Affected by Volcker Rule</strong></font><=
br />
Lee Fang, Republic Report: "In March, Senator Mark Warner (D-VA) led member=
s from both parties in introducing legislation to delay the implementation =
of the Volcker Rule, a new regulation to limit risky trading by big banks. =
He was joined by Pat Toomey (R-PA), one of the biggest proponents of financ=
ial deregulation in the Senate. The legislation may come back to haunt Warn=
er, who has cultivated close financial ties with J.P. Morgan Chase & Co=
." <br />
<a href=3D"http://org2.democracyinaction.org/dia/track.jsp?v=3D2&c=3D%2FKtm=
O8ZB0gCRMuv8pOtD6XM5946rVeor"><font color=3D"#cc0000">Read the Article</fon=
t></a> <br />
<br />
<font><strong>The National Security State Wins (Again)</strong></font><br /=
>
William J. Astore, TomDispatch: "Now that Mitt Romney is the presumptive no=
minee of the Republican Party, the media is already handicapping the presid=
ential election big time, and the neck-and-neck opinion polls are pouring i=
n. But whether President Obama gets his second term or Romney enters the Ov=
al Office, there's a third candidate no one's paying much attention to, and=
that candidate is guaranteed to be the one clear winner of election 2012: =
the U.S. military and our ever-surging national security state." <br />
<a href=3D"http://org2.democracyinaction.org/dia/track.jsp?v=3D2&c=3DuVxsnE=
1qz2nVPfmCAWODSnM5946rVeor"><font color=3D"#cc0000">Read the Article</font>=
</a> <br />
<br />
<font><strong>On the News With Thom Hartmann: A Lawsuit Could Put an End to=
the GOP's Perpetual Senate Filibuster, and More</strong></font><br />
In today's On the News segment: Common Cause files suit against the US Sena=
te over filibuster rules, all signs now point to a Greek default and exit f=
rom the euro, the Virginia House of Delegates is guilty of blatant discrimi=
nation, and more.<br />
<a href=3D"http://org2.democracyinaction.org/dia/track.jsp?v=3D2&c=3D7mOiXh=
lw0A8ToVglNRD0NnM5946rVeor"><font color=3D"#cc0000">Watch the Video and Rea=
d the Transcript</font></a> <br />
<br />
<font><strong>Paul Krugman | In South America, Separating Fact From Fiction=
</strong></font><br />
Paul Krugman, Krugman & Co.: "The columnist Matt Yglesias, who just spe=
nt time in Argentina, recently wrote in Slate about the lessons of that cou=
ntry's recovery following its exit from the one-peso-one-dollar 'convertibi=
lity law.' As he says, it's a remarkable success story, and one that arguab=
ly holds lessons for the euro zone." <br />
<a href=3D"http://org2.democracyinaction.org/dia/track.jsp?v=3D2&c=3DhehR6c=
K0y6sIBIT4muUPnnM5946rVeor"><font color=3D"#cc0000">Read the Article</font>=
</a> <br />
<br />
<font><strong>Trayvon Martin, a Man of His Time: White Supremacy and the Mu=
rders of Young People of Color</strong></font><br />
Jimmy Johnson, Truthout: "Once again, the US black community is up in (figu=
rative) arms about systemic white supremacy raising up (literal) arms. Once=
again, white America is faced with what philosopher Charles Mills called t=
he 'reoccupation of nonwhite moral and political thought with issues of rac=
e, puzzling alike to a white liberalism predicated on colorless atomic indi=
viduals and a white Marxism predicated on colorless classes in struggle.' W=
hat indeed is the focus on race? Part of this puzzle's solution - and part =
of stopping such killings in the future - lies in understanding Trayvon Mar=
tin as a man of his time." <br />
<a href=3D"http://org2.democracyinaction.org/dia/track.jsp?v=3D2&c=3Dfxmv8z=
Sgj5XZ4T1UBQIxbHM5946rVeor"><font color=3D"#cc0000">Read the Article</font>=
</a> </p>
<p><a href=3D"http://org2.democracyinaction.org/dia/track.jsp?v=3D2&c=3D11E=
S37xQmegkbc%2FaAyKjNnM5946rVeor" target=3D"_blank"><font color=3D"#cc0000">=
<em>Click here for more Truthout articles</em></font></a></p>
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<p><em>The BuzzFlash commentary for Truthout will return soon.</em></p>
<p><strong>Iraq War Vet Wants to Return His Medals During NATO Summit<br />
</strong><a href=3D"http://org2.democracyinaction.org/dia/track.jsp?v=3D2&c=
=3D7lnorGRoegndH4IqHLps9nM5946rVeor" target=3D"_blank"><font color=3D"#cc00=
00">Read the Article at The Chicago Tribune</font></a></p>
<p><strong>Rachel Maddow | Rush Limbaugh, Busted<br />
</strong><a href=3D"http://org2.democracyinaction.org/dia/track.jsp?v=3D2&c=
=3DmL8yNgO9LT9LWGHyWgDAuHM5946rVeor" target=3D"_blank"><font color=3D"#cc00=
00">Read the Article at MSNBC</font></a></p>
<p><strong>Boehner Threatens to Take the Debt Limit Hostage Again<br />
</strong><a href=3D"http://org2.democracyinaction.org/dia/track.jsp?v=3D2&c=
=3DvdVkp%2BSGNbMG1mQXR8%2Fk0nM5946rVeor" target=3D"_blank"><font color=3D"#=
cc0000">Read the Article at ThinkProgress</font></a></p>
<p><strong>The New Right-Wing Meme - Obama Is Gay<br />
</strong><a href=3D"http://org2.democracyinaction.org/dia/track.jsp?v=3D2&c=
=3Dda2y4L4B3KQu3C3ErYzXcXM5946rVeor" target=3D"_blank"><font color=3D"#cc00=
00">Read the Article at Addicting Info</font></a></p>
<p><strong>The Civilian Toll in Afghanistan<br />
</strong><a href=3D"http://org2.democracyinaction.org/dia/track.jsp?v=3D2&c=
=3Dad9eo4vDJHqsT7UUgLlDIXM5946rVeor" target=3D"_blank"><font color=3D"#cc00=
00">Read the Article at The Nation</font></a></p>
<p><strong>Wisconsin Democrats Furious With DNC for Refusing to Invest Big =
Money in Walker Recall<br />
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