More evidence that banksters should go to jail. The Department of Housing and Urban Development just wrapped up an investigation into the nation’s five largest mortgage companies – Bank of America – JP Morgan Chase – Wells Fargo – Citigroup – and Ally Financial. What the agency found is that these banks routinely lied about the how much foreclosed homes were worth when they were getting reimbursed for those loans by the go
Thanks to record-breaking rainfall last month – the Mississippi River is overflowing, pouring enormous floodwaters across – Louisiana – Mississippi – Missouri – and Tennessee. Several billions of dollars of damage has been reported. The Army Corps of Engineers is now relieving pressure on New Orleans levees by flooding thousands of acres in Louisiana, in a desperate bid to save the city from drowning in a disaster worse th
People who care about the environment are screwed. Republicans are handing our Gulf of Mexico over to oil corporations. A new bill entitled the “Putting the Gulf Back to Work Act” passed out of the House of Representatives on Wednesday ending the moratorium on drilling in the Gulf and giving his oil corporations free reign to explore for new wells as if the BP oil spill last year never happened. But a sneaky little p
Students at public universities are screwed. Earlier this week it was revealed that American oligarch Charles Koch – one of the billionaire Koch brothers – has a deal with Florida State University where he can handpick right-wing professors for the universities Economics Department in exchange for a heft cash donation to the school. Investigative reporter Lee Fang is now reporting that this story only scratches the surface
Republicans in Florida are so obsessed with privatization – they are now privatizing their union-busting efforts. The City of Winter Park – just hired a firm of right-wing political consultants to fight 150 city workers who are trying to form a union.
Education, Education, Education. This week – schools are public issue number one as teachers – students – and parents are holding demonstrations from New York to California to protest cuts to education budgets. In what they are calling a weeklong “state of emergency” – the California Teachers Association is holding a sit-in at their state capital in response to Governor Jerry Brown’s proposed $7 billion cut to educat
Two Muslim religious leader were kicked off an airplane last week in Memphis – simply because they were Muslim. The two imams - both in traditional Muslim dress – went through multiple security screenings – and boarded the Delta Airlines Commuter flight. But shortly after taxing toward the runway – the plane returned to the gate and TSA came aboard and removed the men citing concerns from the other passengers.
Al-Qaeda acknowledged today that their leader is dead. An Internet statement posted on several Islamic militant websites read, “Osama bin Laden, God bless him, ... will not go in vain…We will remain, God willing, a curse chasing the Americans and their agents…their happiness will turn to sadness."