Sunday, April 25, 2010

Truthout 4/25

Goldman Sachs: What Hath Fraud Wrought?
Michael Winship, Truthout: "Goldman Sachs is the Blackwater of finance, the latest in a long line of companies you love to hate, like AIG and the Dallas Cowboys. Hit 'refresh' on any financial news Web site and you're likely to get yet another revelation of [Goldman Sachs'] colossal and impressively varied shenanigans."
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Goldman Executives: We Made Money Betting Against Mortgage Market
Greg Gordon, McClatchy Newspapers: "In an internal e-mail released Saturday, Goldman Sachs chief executive Lloyd Blankfein wrote in November 2007 that the firm "didn't dodge the mortgage mess," but "made more than we lost" by betting against the US housing market."
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Last Chance for Climate Change Legislation?
Brad Knickerbocker, Christian Science Monitor: "Republican Senator Lindsey Graham said on Saturday he would have to pull out of the bipartisan climate change effort because of concerns Democrats would push forward with a debate on immigration reform, rather than the climate change bill, in the Senate."
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Psychologists Notes May Indicate Zubaydah Torture Experimentation
Jeffrey Kaye, Truthout: "One interesting nugget found in newly released CIA documents related to the destruction of 92 torture tapes concerns the unreported existence of psychologist's notes as a standard part of the interrogation protocol," which may indicate that high-value detainee Abu Zubadyah was the subject of human experimentation.
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Red State Road Trip 2: 80 Miles Up a Dirt Road (Video Part III)
In 2005, filmmaker and Truthout reporter Chris Hume took the nation's pulse. He traveled to the forgotten corners of America, and let the people speak. It was a disturbing, humorous and surprising odyssey. In the pivotal year of 2008, he traveled even further. This is the third installment in a multipart series. Short videos from the documentary will appear every few days.
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Yes, Virginia, There is a Legitimate Case Against Free Trade
Ian Fletcher, Truthout: "There is a myth in wide circulation that the superiority of free trade is simply a settled question on which all serious economists agree. The flip side of this myth, of course, is that anyone who criticizes free trade must either be ignorant of economics, or the spokesman of some special interest which hopes to benefit from trade restrictions. Such critics are not only wrong, the story continues with admittedly impeccable logic, but profoundly worthy of public contempt, as they are necessarily either dumb or corrupt."
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Public Jobs Now -- Yes, It's Time
Ben Leet, Truthout: "Today one of every four children in the nation lives in poverty, about one in six adults is out of work or underemployed, and the poverty rate is rising. One in three workers in 2009 experienced unemployment. The nation needs capital resources to employ those whom private employers will not hire."
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