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Gary Younge - 6 May 2012
Shortly after Mitt Romney's failed 2008 campaign for the Republican nomination his son Tagg set up a private equity fund with the campaign's top fundraiser. One of the first donors was his mum... Tagg had no experience in the world of finance, but after two years in the middle of a deep recession the company had netted $244m from just 64 investors.
Tagg insists that neither his name nor the fact that his father had made it clear he would run for the presidency again had anything to do with his success. ...
Class privilege, and the power it confers, is often conveniently misunderstood by its beneficiaries as the product of their own genius rather than generations of advantage, stoutly defended and faithfully bequeathed. ...
The evidence has laid bare the...web of social, familial and personal ties between the political, corporate and legal forces that govern a country...
We now know that James Murdoch met with David Cameron 12 times between January 2006 and January 2010 – eight times for dinner, twice for breakfast, once for lunch and once for drinks. Between May 2010 and July 2011 there were also more than 60 meetings between ministers and either Rupert Murdoch, his son James, the then News International chief executive Rebekah Brooks or James Harding, the editor of the Times. That averages around one a week. We know there were more, but not all were logged as such by Downing Street. ...
Two things make this a matter of import as well as intrigue. The first is the lie it gives to the insistence on meritocracy at a time of acute economic crisis when benefits are slashed, the poor hammered. ... The issue here is not class envy but class entrenchment. The fact that they were born rich is irrelevant. They had no choice in the matter. But the fact that they appear to want to give even more to those who already have a great deal while denying much to those who have little is unforgiveable.
The chairman of the Alabama Senate Health Committee said he doesn’t see a conflict of interest between his support for a bill that would require physicians to perform ultrasounds on women seeking abortions and his company, which sells the type of equipment the bill would require.
Questions about the authenticity of the leaked Heartland Institute documents are fading, as projects described therein are confirmed. Heartland’s senior fellow James Taylor confirmed the existence of the climate-denier classroom curriculum project to ThinkProgress Green yesterday. Now, anti-science blogger Anthony Watts has confirmed that Heartland is funding his project to display weather station data, detailed in the leaked fundraising plan. ...
Although it is important to calibrate weather stations, Watts’ idea that the record of rising temperatures is a result of bad data has been repeatedly debunked. In fact, Richard Mueller, a physicist funded by the Koch brothers to study “flawed” weather stations, confirmed that temperature data is “excellent” and “global warming is real.” ...
Last November, Republicans...killed a no-cost plan to streamline the [National Oceanic and Atmospheric Administration] to provide better services to the public.
Surrey police report released by MPs reveals reporters interfered with investigation as well as hacking missing girl's phone
A new round of criminal charges is coming soon against at least a couple of Gov. Scott Walker's former county staffers for doing extensive campaign activity while on the taxpayers' dime, sources say.
Today in the High Court, News Group Newpapers, the News Corp subsidiary responsible for the defunct News of the World and The Sun, is settling dozens of hacking and surveillance claims in an attempt to avoid a high court case on Feb 13th which could result in punitive damages.
There are over 60 hacking victims with ongoing cases, and at least another 800 confirmed and subject to litigation. Financially, this could be very costly for News International. But in terms of the hacking saga, it could be devastating for the Murdochs...
In terms of the legal statements now being made in court, perhaps the most important is the admission of corporate cover-up.
...where does this leave the FBI investigation? The DOJ is still looking at violations Foreign Corrupt Practices Act, and potential RICO violations. But this is a clear cut admission of intercepting wireless telephony on US soil.
During two and a half hours of forensic, skeptical and even rude questioning from a parliamentary panel on Thursday, Mr. Murdoch, the 38-year-old deputy chief operating officer of News Corporation, never wavered from his original account ...
He said he had never misled the committee in earlier testimony in July. And he all but accused two former underlings, whose accounts directly contradicted his, of lying about it.
...some of Cain's defenders, like Sen. Rand Paul, have said that it's oh-so-unfair for Cain to have defend himself against anonymous accusations. (Of course, the accusers are not anonymous to Cain. And if Cain has trouble keeping track of all the "anonymous" women who've accused him of sexual harassment over the years, his problems are far from over.)
Over the last 6 months, the Scott Walker administration and the Republicans who control the Wisconsin legislature have attempted to gradually shut Wisconsin citizens out of the state capitol building. ...
Peaceful activists have continuously challenged the illegal restrictions, culminating in their arrests for things like quietly sitting in the Assembly gallery and filming the proceedings on hand-held devices or holding small sheets of paper with excerpts of the Wisconsin constitution printed on them. ...
Twelve more arrests were made last night. ...
The Wisconsin constitution requires that the doors of the capitol be open to the public whenever the legislature is conducting business. The building usually closes at 6 p.m., but last night's Assembly session lasted until after 10:00. When Rep. Pocan went out to grab a bite to eat and returned shortly after 6, he found that most of the doors had been locked... Apparently he was even delayed by security staff when he finally found an open door.
In this episode of what the hell is wrong with you people, the senior editor of CNBC.com, the website of a network dedicated exclusively to business and finance and the markets and whatnot, argues that insider trading is a victimless crime and so a billionaire hedge fund manager being sent to prison for eleven years over it is really, really unfair.
Not kidding.
This is what Occupy Wall Street is talking about. Not simply the crime, but the presumption of entitlement...
The evidence doesn’t seem to show that Howley incited protesters to do anything they weren’t already primed to do, but his stated intention to “undermine” the 99 Percent Movement and associated demonstrations — and his position leading the charge of protesters at the museum entrance — indicate a little more activism than simply an attempt to get a close look at protests, as Howley says, “for journalistic purposes.”
There are plenty of grounds for legal action [against alleged Wall Street crooks]. Contrary to the Obama/Geithner position, this is a target rich environment. And some of the violations were persistent and deliberate enough that they might well raise to the level of being criminal. This is a mere illustrative tally: [specific list of regulations which have probably been broken] ...
As readers know, it isn’t that there is no case against the major banks, it’s that the Administration is determined not to make it. ...
Pretty much everyone who is not part of the problem instinctively knows that [a slew of public arrests] needed to happen. Yet Obama and other members of the elite keep trying to placate the protestors by acknowledging that they have legitimate concerns while refusing to take needed corrective steps.
Listen to words of a crowd member when the police start leading protesters onto the bridge:
"I think they just closed down the bridge"
The Officers confused the marchers. Entrapment. Protesters defense "I just followed the officers"
This video is clear evidence.
Nothing to see here move along.
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