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Thursday, August 21, 2014

In the largest settlement to come from the 2008 economic crash, Bank of America has agreed to fork over $17 billion for its role in the sale of mortgage-backed securities before the 2008 financial crisis, officials told AP. The settlement was negotiated through a joint federal and state working group established by President Barack Obama two years ago and follows $13 billion and $7 billion settlements reached by JPMorgan and Chase and Co and Citigroup.


Wednesday, August 20, 2014

In his new book, Rep. Paul Ryan (R-Wis.) recounts shaking his head in frustration last fall as fellow Republicans sought to use a government shutdown as leverage to gut Obamacare. "It was a suicide mission," Ryan writes in The Way Forward. "This can't be the full measure of our party and our movement. If it is, we're dead and the country is lost." But during the October 2013 standoff, Ryan didn't seem like a lawmaker nervous about damaging the party or movement. Instead, he was often obstructive. read more


I grew up in a rich, Republican household, but after Katrina and Iraq, I realized my priorities were out of order

I used to be a serious Republican, moderate and business-oriented, who planned for a public-service career in Republican politics. But I am a Republican no longer. read more


Tuesday, August 19, 2014

Kareem Abdul-Jabbar, Time: This fist-shaking of everyone's racial agenda distracts America from the larger issue that the targets of police overreaction are based less on skin color and more on an even worse Ebola-level affliction: being poor. Of course, to many in America, being a person of color is synonymous with being poor, and being poor is synonymous with being a criminal. Ironically, this misperception is true even among the poor. And that's how the status quo wants it. ... Rather than uniting to face the real foe -- do-nothing politicians, legislators, and others in power -- we fall into the trap of turning against each other, expending our energy battling our allies instead of our enemies. read more


Or is Rand Paul too dovish? read more


Comments

And here is the story pre-indictment.... which explains why Perry did whatever he had to to stop the Public Integrity Unit investigation.

www.texasobserver.org

.

What the Pundits Don't Get About the Rick Perry Indictment

Partisan Democrats Are Not Leading the Perry Prosecution

It's Not About Rosemary Lehmberg's Disgraceful Behavior… Or Even Perry's Veto

"The criminal case against Perry centers on his "coercion" of a local elected official using threats and promises. It is not premised -- as has been repeatedly misreported -- on the veto itself. Craig McDonald, the head of Texans for Public Justice and the original complainant, has said as much. As McDonald told CNN:

"The governor is doing a pretty good job to try to make this about [Lehmberg] and her DWI conviction. But this has never been about his veto of her budget and about her. This is about his abuse of power and his coercion trying to get another public citizen to give up their job."

http://www.texasobserver.org/ pundits-dont-get-rick-perry- indictment/

The article also goes into the fact that national journalists had just spent a lot of words and effort on Rick Perry's "Comeback", and prefer to just give him a pass on this.

Then he went and got an ice cream cone.

abcnews.go.com

He'll have his first campaign poster mug shot picture of himself ready-made.

So, one s'poses then that laundering kickbacks to your donors thru a Cancer Research Inst, then killing the investigation, is OK... and rwingers have no problem with that.

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