Lobbying

Former Department of Homeland Security Secretary Tom Ridge has, for the most part, been out of the spotlight for the past year since he wrote his book titled The Test of Our Times: America Under Siege...And How We Can Be Safe Again, which came out in September of 2009. In that book, Ridge confessed that, although unsurprising to anyone who understood the rampant fear-mongering and propaganda that took place in the post-9/11 Bush era, he was pressured by others in the Bush Administration to purposely manipulate the infamous color-coded National Security Alerts for political reasons, and in particular, during the run-up to former President George W. Bush's re-election in 2004.

Front group king Rick Berman, who has worked in the shadows for years, is starting to draw closer scrutiny from the IRS, the media and the public for the unique, self-dealing business model he developed to champion for big business. Berman, a former lobbyist, set up six nonprofit organizations with innocuous names like the Center for Consumer Freedom, the American Beverage Institute and the Employment Policies Institute. Despite their nonprofit designation, together these groups provide as much as 70 percent of the revenues of his for-profit enterprise, Berman and Company. The Center for Consumer Freedom, for example, took in $1.5 million in revenues in 2008, of which 93 percent went to Berman and his firm. The American Beverage Institute took in $1.7 million, of which 82 percent went to Berman and his firm. None of his non-profit groups have independent offices or staff, and all of them pay Berman's for-profit business for services like accounting, copying, writing, operating Web sites, placing opinion-editorials, and bookkeeping, which is managed by Berman's wife, Dixie Lynn Berman. Rick Berman sits on the boards of his organizations, holds a total of 24 positions within them, and he serves as Executive Director for most of them. Sounds fishy, right?

As per usual, when push comes to shove, the right-wing Israeli government, along with the Israel Defense Forces spinmeisters, have gone back to the simple formula: when they do something illegal and barbaric, blame the victim, for the United States will obligingly agree and stand by that narrative. Like always, while the rest of the world protests in condemnation and speaks out against Israel's actions and crimes, the U.S. government stands by complicitly, continuing to shower Israel with over $3 billion per year in military aid into perpetuity.

Even though the bank reform bill working its way through Congress is far from perfect, there are some strong provisions well worth fighting for as the bill moves to a House-Senate conference committee.

Two recent articles illustrate the pros and cons of this behemoth bill. New York Times reporter Gretchen Morgenson, does a great job reminding us that the original Glass-Steagall legislation was only 34 pages long and it was key to keeping our financial system stable for 60 years. She points out that the two bills that the Senate and the House have now passed are a whopping 3,000 pages combined:

Yet despite all that verbiage, there are flaws in both bills that would let Wall Street continue devising financial black boxes that have the potential to go nuclear. And even if the best of both bills becomes law, investors, taxpayers and the economy will remain vulnerable to banking crises.