Rubin, Summers and Greenspan succeeded in inducing Congress -- funded, of course, by these same financial firms -- to enact legislation blocking the CFTC from regulating these derivative markets. More amazingly still, the CFTC, headed back then by Born, is now headed by Obama appointee Gary Gensler, a former Goldman Sachs executive (naturally) who was as instrumental as anyone in blocking any regulations of those derivative markets (and then enriched himself by feeding on those unregulated markets).
Mexican president: US authorities 'complicit' in drug trafficking
The President of Mexico has an unfortunate message for Americans still ignorant of the Drug War's cold realities: Some of your politicians are involved.
Yes folks, it is long-past time to start thinking about alternative strategies for combating both the harmful effects of drug addiction and the deadly effects of forcing an economy outside of the law.
"It is impossible to pass tons of drugs and cocaine to U.S. without some great complicity of some American authorities," said Mexican President Felipe Calderone.
"There is traffic in Mexico because there is corruption in Mexico. And that is true. But with the same argument, if there is traffic in United States, it is because there is some corruption in United States."
IG Report links Bush Initiative to Work Fatalities
A special government program to improve worker safety in hazardous industries rarely fulfilled its promise, a Labor Department audit concluded yesterday, and over the past six years, dozens of deaths occurred at firms that should have been subjected to much tighter federal safety enforcement.
The study found that officials failed to gather needed data, conducted uneven inspections and enforcement, and sometimes failed to discern repeat fatalities because records misspelled the companies' names or failed to notice when two subsidiaries with the same owner were involved.
Police 'fusion' centers criticized for tracking Ron Paul, Barr, McKinney supporters
Formed in the wake of 9/11 as a way to search out domestic terrorist threats, fusion centers today are being bombarded with criticism on all sides for things like improper surveillance of the supporters of third-party presidential candidates and an ambiguous mission directive that has lead to power overreaching.
Why secretly funded DEA surveillance planes aren't flying
The first sign of trouble with the Drug Enforcement Administration's new surveillance planes surfaced almost immediately. On the way from the manufacturer to the agency's aviation headquarters, one of them veered off a runway during a fuel stop.
Most electronic voting isn't secure, CIA expert says
In a presentation that could provide disturbing lessons for the United States, where electronic voting is becoming universal, Steve Stigall summarized what he described as attempts to use computers to undermine democratic elections in developing nations. His remarks have received no news media attention until now.
Stigall told the Election Assistance Commission, a tiny agency that Congress created in 2002 to modernize U.S. voting, that computerized electoral systems can be manipulated at five stages, from altering voter registration lists to posting results.
In America We’re locking up mothers While the war criminals walk free
The U.S. imprisons more persons than any other nation in the world—a staggering 2.3 million. Most of the people sentenced to prison are Black. African-American women are the fastest growing and least violent segment of the prison population, sentenced most often for non-violent drug, property- related and public order crimes.
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