Admiral, You Fire Him for Dereliction of Duty

By: dakine01 Monday April 19, 2010 7:29 pm

Retired Admiral Inman, Member of Massey Coal Board of Directors, sees no reason to fire Don Blankenship. Open your eyes, Admiral; it’s called “dereliction of duty.”

Deaths of Senior Al Qaeda Leaders in Iraq Praised as a “Turn the Corner” Moment

By: David Dayen Monday April 19, 2010 7:04 pm

Today, two senior Al Qaeda in Iraq leaders, Abu Ayyub al-Masri and Abu Omar al-Baghdadi, were killed in a raid on their compound in Salaheddin Province. US intelligence and military forces assisted in the operation.

Vice President Biden appeared at a White House press conference to call the deaths “a “potentially devastating blow” to the insurgency there. The commander of US forces in Iraq, Ray Odierno, reinforced that.

Notes from a Clueless Journalist: Afghan Women Love the War!

By: Josh Mull Monday April 19, 2010 6:30 pm

Mayhill Fowler, formerly with the Huffington Post’s OffTheBus program, has crossed the line from gossipy blogger to citizen journalist covering the war in Afghanistan. She’s advocating for a radical policy like military aggression in Afghanistan and Pakistan in complete ignorance. And she admits it!

FDL Movie Night: The Weather Underground

By: Lisa Derrick Monday April 19, 2010 5:00 pm

Sam Green’s Oscar nominated film The Weather Underground is an in depth look at the radical group which grew out of the Students for a Democratic Society and turned into a domestic terrorist organization opposed to racism, the war in Viet Nam and the oppression of people in the United States and around the world.

Anger at the United States government policies at home and abroad propelled this group forward. They were young, white middle class, intelligent, articulate and driven by what they saw was wrong with United States policies at home and abroad. To that end the group took to bombing government buildings, alerting the occupants in order to minimize casualties. Three members were killed while building a bomb, but no other live were lost, though millions of dollar worth of damage occurred, and a sense of fear was instilled in the American public. The group bombed the Capitol building and the Pentagon, broke Timothy Leary out of prison, and evaded one of the largest FBI manhunts in history.

More Problems Coming for Goldman?

By: David Dayen Monday April 19, 2010 4:41 pm

Senator Carl Levin (D-MI), whose Permanent Subcommittee on Investigations last week revealed major mortgage fraud at Washington Mutual, apparently has more up his sleeve for Goldman Sachs.

Philip D. Murphy: Ambassador to Germany from the US or GS?

By: Peterr Monday April 19, 2010 3:55 pm

Goldman Sachs is in trouble in Europe, first over their role in helping Greece hide its true debt picture from the EU, and now for the actions that landed them in hot water with the SEC. There’s one more little wrinkle to this story, though, that could make it much more complicated for the US government, and that wrinkle’s name is Philip D. Murphy.

Real Regulation for Credit Default Swaps Is Necessary

By: masaccio Monday April 19, 2010 3:10 pm

The SEC suit against Goldman Sachs makes it clear that credit default swaps made the Great Crash worse than it should have been. Now it’s time to impose serious regulation on these time bombs, regardless of what it does to JPMorgan Chase’s ability to coin money.

Diane Wood’s Similar Case Record to Stevens Makes Her Ineligible to Replace Him

By: David Dayen Monday April 19, 2010 2:20 pm

The theocratic right is busily defining Diane Wood as a radical extremist hell-bent on aborting every child in America, because they actually have rulings where she has ruled in abortion cases.

Who Is Lying? The Torturers? Or John Yoo?

By: emptywheel Monday April 19, 2010 1:30 pm

One of the potential bombshells in last week’s FOIA dump appears in a CIA discussion about a potential statement in response to NYT’s breaking of the torture tape story; the document notes that the videotapes would have shown the sheer number of times the torturers waterboarded Abu Zubaydah, and suggests that that may have presented legal problems. John Yoo was playing (or actually was) dumb about the use of waterboarding in the months before CIA destroyed the torture tapes. Yet someone–perhaps Bruce Jessen or James Mitchell–claim they kept DOJ generally and Yoo specifically in the loop of what they were doing.

Created Assignments and “Cloned” Officers Yield Fraudulent Foreclosures Across the Country

By: Cynthia Kouril Monday April 19, 2010 12:30 pm

In courtrooms across the country, judges are foreclosing on homes based on improperly prepared documentation, some of which may even be fraudulent. At the heart of the problem are entities like Mortgage Electronic Registration System (MERS), which itself is owned by many of the largest financial institutions in the U.S. If MERS and other similar firms acting as foreclosing entity were required to show legal proof of mortgage assignment, the documentation offered could reveal a lack of capitalization that would make the bank bailout look like lunch money. Courts should pay much closer attention to the fact that the signatories are pretending to work for the GRANTOR — the original lender or someone in the chain.

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