Under the Reading Lamp — 1/22/2012


Does US Senate Commit Treason with NDAA Bill?

Jeanine Molloff, Op-Ed: “December 1st, 2011, the US Senate accomplished the unthinkable–with the nearly unanimous passage of the National Defense Authorization Bill of 2012–they committed treason. Written and planned in secret by the Senate Armed Services Committee, the newly minted NDAA contains three sections which collectively sanctions indefinite detention of alleged terrorists or ‘terrorist sympathizers’–anywhere in the world including the US– and designates the military the duty to arrest, imprison and interrogate without benefit of counsel,’ accused civilians here on Main Street.”


After ‘Citizens United’: The Attack of the Super PACs

John Nichols and Robert W. McChesney, Op-Ed: “Citizens United’s easing of restrictions on corporate and individual spending, especially by organizations not under the control of candidates, has led to the proliferation of “Super PACs.” These shadowy groups do not have to abide by the $2,500 limit on donations to actual campaigns, and they can easily avoid rules for reporting sources of contributions. For instance, Super PACs have established nonprofit arms that are permitted to shield contributors’ identities as long as they spend no more than 50 percent of their money on electoral politics.”


Corporate Rule Is Not Inevitable

Sarah van Gelder, Op-Ed: “You may remember that there was a time when apartheid in South Africa seemed unstoppable. Sure, there were international boycotts of South African businesses, banks, and tourist attractions. There were heroic activists in South Africa, who were going to prison and even dying for freedom. But the conventional wisdom remained that these were principled gestures with little chance of upending the entrenched system of white rule. ‘Be patient,’ activists were told. ‘Don’t expect too much against powerful interests with a lot of money invested in the status quo.’”


A Credit Union to Bail out People, Not Big Banks

Judith Scherr, News Report: The Occupy Movement condemns the banks’ role in predatory lending and the foreclosure crisis, the high-interest student loans they say enriches the bankers and impoverishes college students, bank investments in private prisons and more. But protesting isn’t enough for Occupy San Francisco activist Brian McKeown. He says a bank should be a transparent institution whose mission is to help people. And so, with like-minded partners, McKeown is putting together a plan for the People’s Reserve Credit Union (PRCU).


Boehner Threatens to Hold Payroll Tax Holiday Hostage to Approval of Keystone XL

Zack Ford, Video Report: On Fox News Sunday this morning, House Speaker John Boehner (R-OH) told Chris Wallace that “We’re going to do everything we can to make sure the Keystone Pipeline is approved.” When Wallace pressed him whether Republican leadership would make the pipeline a condition for extending the payroll tax holiday, Boehner admitted, “We may,” adding (several times) that “All options are on the table.” Proponents of the pipeline have dwarfed opponents in lobbying spending, inflated the actual effect it will have on job creation, and spread various myths designed tocircumvent its environmental impact.


Bernie Sanders: We Must Stop This Corporate Takeover of American Democracy

Bernie Sanders, Op-Ed: “Two years ago, the United States supreme court betrayed our Constitution and those who fought to ensure that its protections are enjoyed equally by all persons regardless of religion, race or gender by engaging in an unabashed power-grab on behalf of corporate America. In its now infamous decision in the Citizens United case, five justices declared that corporations must be treated as if they are actual people under the Constitution when it comes to spending money to influence our elections, allowing them for the first time to draw on the corporate checkbook – in any amount and at any time – to run ads explicitly for or against specific candidates.”


How the Republicans on the FEC Are Making Citizens United Even Worse

Josh Israel, News Analysis: “Three Republican appointees to the Federal Election Commission may be as responsible as anyone for the lack of transparency of post-Citizens United political spending. Two years ago, when the Supreme Court issued its Citizens United ruling, one bright spot was that the majority explicitly endorsed the constitutionality and necessity of disclosure rules that inform voters who paid for the political ads they see. ‘Disclosure is the less-restrictive alternative to more comprehensive speech regulations,’ they affirmed.”


The Green Economy, Boon or Menace?

Emilio Godoy, News Report: In its study “Who Will Control the Green Economy?”, published Dec. 15, 2011, the ETC Group argues that the development of a green economy will primarily benefit large corporations, unless changes are made to the current models of production and consumption of goods and services and international governance. It reveals that large transnational corporations in the energy, pharmaceutical, food and chemical industries are already forming alliances to exploit biomass and grab control of natural resources like land and water.


Christopher Petrella | Death, Taxes, and Alcatraz

Christopher Petrella, Op-Ed: “Please allow me to introduce some figures that I believe will convincingly demonstrate the scope and depth of our predicament. Although the United States represents less than 5% of the world’s population, we harbor over 25% of those incarcerated. In fact, we’ve incarcerated more people in absolute terms than China, whose population is four times the larger. Despite these sobering figures, few thinkers, however—even those of avowedly ‘progressive’ persuasion— have sharply critiqued the well-worn diptych of ‘crime and punishment.’”


Bad Bankers, Bad Fraud Deals, And The President’s ‘Great Gatsby’ Problem

Richard (RJ) Eskow, Op-Ed: “Investigate the Banks!” Today a coalition of progressive groups handed in a petition with more than 360,000 signatures that demanded exactly that. It calls on the Obama administration to stop pushing a cushy fraud settlement for bankers, to pursue a fair deal for shafted homeowners, and to let criminal investigations against Wall Street crooks proceed. Yet White House officials are still aggressively pushing the very same cushy deal on foreclosure fraud that inspired the petition.


How Payday Lenders Make Billions By Fleecing Americans In Poverty

Tanya Somanader, News Report: “As a growing number of Americans slip out of the middle-class into economic insecurity, they are increasingly vulnerable to predatory lending schemes like the payday loan. Each year, about 12 million Americans incur long-term debt by taking out a short-term loan that’s intended to cover a borrowers’ expenses until they receive their next paycheck. Payday lending takes ‘unfair advantage of lower-income borrowers,’ with most taking out nine repeat loans per year with an interest rate as high as 400 percent.”


Robert Reich | Amend 2012

Robert Reich, Video Presentation: Thanks to the Supreme Court and Citizens United, the same big corporations and billionaires that destroyed our economy and caused millions of us to lose our jobs and homes, are spending obscene amounts to drown out our voices in elections and take over our government. But together, “We the People” can set things right. Stand with Robert Reich and join the movement for a constitutional amendment today.


Kucinich Announces Constitutional Amendment to Publicly Finance Federal Elections

Dennis Kucinich, Op-Ed: On the eve of the second anniversary of the Supreme Court ruling known as Citizens United, which opened the floodgate of unlimited, shadowy corporate spending in public elections, Congressman Dennis Kucinich (D-OH) has introduced H. J. Res. 100, a constitutional amendment to rescue American democracy from corporate money’s corrupting influence.

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