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.
The nation's biggest insurers -- not happy with provisions of the four-month-old health care reform law that would force many of them to spend more of the money they collect in premiums for their policyholders' medical care -- are pressuring regulators to disregard what members of Congress intended when they wrote the law, so that they can keep raking in huge profits for their Wall Street owners. If they are successful, many policyholders will soon be shelling out even more than they do today to enrich insurance company shareholders and CEOs. Billions of dollars are at stake, which is why the insurers and their symbiotic allies are pulling out all the stops to gut a key part of the law that would require them to spend at least 80 cents of every premium dollar they take in for medical care.
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?
On every TV channel, commercials for schools like DeVry and the University of Phoenix blare promises of better-paying jobs. Every year over a million Americans respond to these sales pitches. All too often these students receive tens of thousands of dollars in debt and very little else. The Department of Education was expected last week to release new "gainful employment" regulations that would limit the ability of such for-profit colleges to charge exorbitant prices for illusory job gains. Now it seems that the Obama administration is wavering in the face of aggressive industry lobbying. For-profit education is big business in America, and big business means political clout.
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.
A new investigative report published by the Humane Society of the United States examines the self-dealing activities of front group king Rick Berman, executive director of the Center for Consumer Freedom (CCF).
Berman has developed a lucrative lobbying scheme that protects his corporate clients' anonymity while they attack the credibility of public interest groups and fight popular movements away from their products.
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.
Federal regulators have warned offshore drilling rig operators numerous times over the past decade that they needed to install backup systems for their undersea blowout preventers, the devices that are used to stop the flow of oil from a well during an emergency.
Payday lenders, who charge high fees and interest rates approaching a 500% for short-term loans, are pressuring their customers to call their Senators and oppose financial reform legislation that would regulate them for the first time.
BP's former chief executive, John Browne, used to brag about his company's relative lack of political involvement and said he purposely shied away from spending too much on lobbying and political donations, but all that has changed. Since Tony Hayward took over as CEO of BP in 2007, the company has greatly increased its spending on American politics.