Thom's blog

JP Morgan Chase CEO Jamie Dimon's kabuki theater was back on Capitol Hill Tuesday

JP Morgan Chase CEO Jamie Dimon starred in another dog and pony show on Capitol Hill Tuesday – this time appearing before the House Financial Services Committee. While receiving some tough questions from Democrats on the Committee who aren’t as dependent on Wall Street money, Dimon was once again given a free pass by Republicans who rely on Dimon for campaign cash.

Austerity is losing momentum in Europe

Yes, the Conservative New Democracy Party finished first in the Greek elections Sunday, but it was not a democratic endorsement of the current austerity regime wrecking Europe. Looking at the polls, anti-austerity parties actually nabbed 52% of the vote in Sunday’s elections – and the far-left SYRIZA Party has doubled its share of the vote since May, garnering enough enthusiastic support that it can continue to push the new Greek coaliti

The situation in Greece is still unresolved

The pro-austerity New Democracy party edged out the anti-austerity SYRIZA party in Sunday’s Greek Parliamentary elections. However – New Democracy didn’t pick up enough seats to a have a majority in government and thus must cobble together a coalition government with other parties. But the SYRIZA party – which came in second and is staunchly opposed to more austerity, has rejected calls from New Democracy to form a coalition govern

This weekend in Europe it's democracy vs. bankster austerity

The world will be focused on Europe this weekend where voters hit the polls on Sunday to determine the fate of the banksters’ austerity regime. Already – central banks around the world are preparing for a liquidity crisis next week should Greece’s far-left SYRIZA Party, which has pledged to break Greece’s current bailout agreement with the EU, win and investors around the world panic.

Elections will also be held in France, which j

The United States ranks 88th on the Global Peace Index

According to a new study by the Institute for Economics and Peace – the world is getting more peaceful – but the United States is still a pretty violent place to live. The just released 2010 Global Peace Index ranks the nations of the world based on how peaceful they are – taking into consideration prison populations, political instability, wars, and military expenditures.

Is President Obama drinking the Thomas Friedman, one world, so-called "Free Trade" Kool-Aid?

Currently – the President is working on a new Trans-Pacific Partnership trade pact to open up trading markets with eight Pacific nations. This morning – a critical document outlining new provisions in this trade deal was leaked – revealing the President stands behind giving foreign transnational corporations' unprecedented power to abuse American workers, pollute our environment, and destabilize our markets.

Under the agreem

Florida Governor Rick Scott doubles down on his illegal purge of Democratic voters

You need to know this. Get your lawsuits ready – the state of Florida announced on Monday that it is filing a lawsuit against the Department of Justice to gain access to a federal database of undocumented immigrants so the state can continue its illegal purge of Democratic voters. In response, the Department of Justice said it is suing the state of Florida for violating the Voter Registration Act and the Voting Rights Act by contin

One of the biggest dominos in Europe is about to fall

On Saturday – Spain’s Finance Minister announced his country would become the fourth Eurozone nation to have to take a bailout to stay afloat. Reports suggest that the Spanish bailout could cost as much as 100 billion euros, but will likely not come with tough new austerity measures since Spain has already passed harsh spending cuts to rein in its deficit, and that step has only made the problem worse.

Short-term Profits for Oil Barons vs. Humanity

Attention climate change deniers – the planet is rapidly heating up. The National Oceanic and Atmospheric Administration is out with a new report showing that the last year – from June of 2011 to May of 2012 – was the hottest year ever since NOAA began recording annual temperatures. That included the fourth warmest winter – the second warmest summer – and the warmest spring ever recorded. On top of that – the scienc

Is FL's Voter Purge Initiating a Constitutional Crisis?

A Constitutional crisis could be brewing between the state of Florida and the Federal Government. On Wednesday – Florida Governor Rick Scott sent a letter to the Department of Justice informing it that the state will continue with its statewide voter purge effort, despite warning form the DOJ that the state is in violation of the Voting Rights Act and the Voter Registration Act. The Miami Herald reports that the letter “d

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