Entries by emptywheel

Trash Talk: The Parity Before The Lock-Out

So here’s some things to contemplate about this week in the NFL. The Jay Cutler-led Bears already won this week (it helps to play a team the week after they got cleaned out of QBs), putting them, for the moment at least, half a game ahead of the team led by Aaron Rogers and miles […]

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Debbie Stabenow to Chair Agriculture Committee

Finally, some good news coming out of November’s election. Debbie Stabenow has been selected to replace the outgoing Blanche Lincoln as Chair of the Senate Agriculture Committee. (There had been some concern that Big Ag would oppose someone like Stabenow and instead push Kent Conrad to take the position.) As I’ve explained before, this means […]

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Both Dodd and Frank Call on Admin to Use Powers of Dodd-Frank

DDay has a really important post that–along with a great interview with Brad Miller–includes a letter from Miller and other members of Congress, urging the Financial Stability Oversight Council to take action to prevent the foreclosure fraud problem from becoming a systemic crisis. The letter reminds the FSOC that Dodd-Frank gives them the power to […]

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CIA Secretly Breaking the Law with Impunity Again

Apparently, the Jan Schakowsky’s House Subcommittee completed its investigations of all the times the CIA failed to inform the Gang of Eight about covert ops and in other ways broke the law. Apparently, that investigation found “several instances” where CIA failed for follow the law procedures. But you can’t know precisely what those violations are, […]

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Rattner’s Pump Dump

When Steven Rattner published this piece on the GM IPO in HuffPo, he had not yet been sued by NY’s Attorney General for allegedly being “willing to do whatever it took to get his hands on pension fund money including paying kickbacks, orchestrating a movie deal, and funneling campaign contributions,” nor had he yet settled–with […]

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Happy GM Day.

Wall Street and the Administration are hailing the GM IPO and claiming victory. General Motors Co GM.UL pulled off the biggest initial public offering in U.S. history on Wednesday, raising $20.1 billion after pricing shares at the top of the proposed range in response to huge investor demand. GM sold 478 million common shares at […]

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We Convicted a Guy the Bush Administration Tortured

More like this please: “So, we tried a guy (who the Bush Admin tortured and then held at GTMO for 4-plus years with no end game whatsoever) in a federal court before a NY jury with full transparency and international legitimacy and — despite all of the legacy problems of the case (i.e., evidence getting […]

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Ahmed Ghailani Guilty of Conspiracy, But Not Murder

The jury in Ahmed Khalfan Ghailani’s trial for his role in the 1998 embassy bombings has found him guilty of conspiracy, but not the charges of terrorism he was accused of. With the one count, however, he may still face a life sentence. It appears likely that just one juror voted against the other charges […]

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Expect Our Banana Republic-Like Access to Justice to Get Worse

Not long ago, an independent group showed that the access to justice for the average American rivaled that of a banana republic. And no one is making much of an effort to fix that problem. As DDay reported last week, while the Dodd-Frank bill authorized $35 million to support legal services, no one has appropriated […]

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Unemployment Insurance Keeps Middle Class Families Out of Poverty

As Arthur Delaney reports, CBO just came out with analysis that shows unemployment insurance kept an extra percent of the population out of poverty last year (which would work out to be around 3 million people). Extended unemployment insurance put in place to fight the recession prevented the poverty rate from rising to 15.4 percent […]

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