LOGO: Truthdig: Drilling Beneath the Headlines. A Progressive Journal of News and Opinion. Editor, Robert Scheer. Publisher, Zuade Kaufman.
2010 Webby Award Winner for Best Political Blog
 
May 16, 2012
Log in / Register

 Choose a size
Text Size

Trending:     politics     barack obama     gay marriage     world news     cancer
Featured Reports
AP/Aliou Sissoko

Blue Man Coup: How Gadhafi’s Mercenaries Broke Mali

An uprising at the ancient crossroads of Timbuktu has kicked up a decades-in-the-making sandstorm of global capitalism, U.S. counterterrorism, and the long-denied rights of the most romantic nomads on earth.
Featured Reports
Illustration by Mr. Fish

Colonized by Corporations

We have been, like nations on the periphery of empire, colonized.
Featured Arts and Culture

How Bad Things Are

In March 2009 Ben Bernanke waxed optimistic about the economic prospect. Appearing on the TV show "60 Minutes," the Fed chairman declared that spring was at hand.
 
 

Advertisement

 
 
Digs

Occupy Wall Street

Find all of our Occupy movement coverage from Truthdig editors, contributors and commenters, as well as the latest from Twitter and around the Web.
 
 
The Latest
D.C. Corruptus: Glenn Greenwald Counts the Ways

The State Department looks ready to remove an Iranian opposition group’s designation as a terrorist organization thanks to its high-level bipartisan connections in Washington.

Posted on May 16, 2012 READ MORE  |  13 READS
Mladic Bent on Genocide in Bosnia, Court Told

At the start of his war crimes trial Wednesday, former Bosnian Serb Gen. Ratko Mladic was accused of setting out to “ethnically cleanse” Bosnia during the 1992-1995 Bosnian war and of presiding over the deaths of tens of thousands of people.

Posted on May 16, 2012 READ MORE  |  39 READS
California’s Day of Reckoning

California Gov. Jerry Brown has embraced austerity as the solution to the state’s economic problems, and his updated budget plan contains plenty of pain for most everyone.

Posted on May 16, 2012 READ MORE  |  191 READS
Needy States Use Housing Aid to Prop Up Budgets

More than a dozen states are plugging gaps in their budgets with hundreds of millions of dollars won from banks in mortgage and foreclosure settlements and intended to provide help to struggling homeowners.

Posted on May 16, 2012 READ MORE  |  78 READS
Blue Man Coup: How Gadhafi’s Mercenaries Broke Mali

Everything that rises must converge, and in 2012, an uprising at the ancient crossroads of Timbuktu kicked up a decades-in-the-making sandstorm of global capitalism, U.S. counterterrorism, cocaine smuggling and the long-denied rights of the most romantic nomads on earth.

Posted on May 16, 2012 READ MORE  |  1310 READS
Paul Volcker and His Rule

JPMorgan Chase CEO Jamie Dimon may be less concerned with the actual $2 billion his bank lost than the credence it lends to calls for tougher regulation.

Posted on May 16, 2012 READ MORE  |  418 READS

To understand what is happening in the eurozone, it is necessary to understand something of the past.

Posted on May 16, 2012 READ MORE  |  681 READS
Mississippi Lawmaker Touts Possible Return of ‘Coat Hanger’ Abortions

A recent anti-abortion bill signed into law by Mississippi Gov. Phil Bryant threatens to close the state’s only abortion clinic. That, in turn, could force women to turn to dangerous alternatives, including “coat hanger” abortions.

Posted on May 15, 2012 READ MORE  |  434 READS
GOP Candidate’s Photo Depicts Rep. Wasserman Schultz in Dog Collar

As if the Republican Party didn’t have enough female troubles already, a GOP congressional candidate might have added to them by posting a photo on his website that depicts Democratic National Committee Chairwoman Rep. Debbie Wasserman Schultz wearing a dog collar.

Posted on May 15, 2012 READ MORE  |  1245 READS
JPMorgan and the $2 Billion Bet

University of Missouri-Kansas City professor, author and former financial regulator William Black explains what’s wacky about JPMorgan Chase’s version of events that led to the firm’s $2 billion loss in the derivatives market last week.

Posted on May 15, 2012 READ MORE  |  1143 READS
Dubya: I’m for Romney

George W. Bush announced his support for Mitt Romney on Tuesday in an unorthodox manner for a politician: He blurted it out from an elevator while the doors were closing.

Posted on May 15, 2012 READ MORE  |  509 READS
1 in 10 Wall Streeters Is a Psychopath: Unconfirmed

Monday we linked readers to an opinion piece in The New York Times by former Yale professor and literary critic William Deresiewicz. Deresiewicz’s essay and our post led with the claim that 10 percent of Wall Street employees are clinical psychopaths. It looks like that claim is unsubstantiated.

Posted on May 15, 2012 READ MORE  |  704 READS
Murdoch Insider Brooks Charged in Phone-Hacking Case

Former News International chief Rebekah Brooks has been charged with three counts of conspiracy to obstruct justice in the ongoing investigation into corruption and phone-hacking within Rupert Murdoch’s media empire.

Posted on May 15, 2012 READ MORE  |  262 READS
The National Security State Wins (Again)

Whether President Obama or assumed Republican nominee Mitt Romney wins the presidency, there’s a third candidate no one’s paying much attention to, and that candidate is guaranteed to be the one clear winner of election 2012: the U.S. military and our ever-surging national security state.

Posted on May 15, 2012 READ MORE  |  1161 READS

Republicans say they’re eager for the presidential campaign to turn away from “distractions” and focus instead on the economy. Someone should warn them that if they’re not careful, they might get their wish.

Posted on May 15, 2012 READ MORE  |  886 READS
Raining on Obama’s Gay Pride Parade

Last time on Truthdig Radio in association with KPFK: Scott Tucker disrupts the celebration of Obama’s gay marriage announcement; the Green Party candidate; Robert Scheer and Sergei Plekhanov; austerity check; and the class politics of parking tickets.

Posted on May 15, 2012 READ MORE  |  718 READS
Psychopaths Are Loose on Wall Street (Updated)

One percent of the adult human population qualifies as clinically psychopathic, exhibiting a lack of empathy and a knack for telling lies and getting away with it. That compares with 10 percent of wheeler-dealers on Wall Street, according to a recent study. American critic William Deresiewicz is not surprised. Update: The 1-in-10 figure is unsupported. See here.

Posted on May 14, 2012 READ MORE  |  3374 READS
Chomsky on Human Rights, Communities of Dissent and More

Dissident, linguist and author Noam Chomsky sat down with “Democracy Now!” for an hourlong conversation about the Palestinian prisoner hunger strike, the relationships forged by Occupy Wall Street, Obama’s targeted assassinations, WikiLeaks’ whistle-blowing and Latin America’s gradual slip from U.S. dominance.

Posted on May 14, 2012 READ MORE  |  1731 READS
How Bad Things Are

In March 2009 Ben Bernanke, normally neither the most cheerful nor the most poetic of men, waxed optimistic about the economic prospect. After the fall of Lehman Brothers six months earlier, America had entered a terrifying economic nosedive. But appearing on the TV show “60 Minutes,” the Fed chairman declared that spring was at hand.

Posted on May 14, 2012 READ MORE  |  5526 READS
Big Trouble in Little North Dakota

With 18 million Americans unemployed, thousands from across the country are flocking to North Dakota amid an oil boom there. The state now produces more oil than many members of OPEC and could soon make America the world’s top oil producer.

Posted on May 14, 2012 READ MORE  |  2534 READS
Bureaucrat Torpedoes Plea for a Presidential Pardon

The prosecutor and trial judge urged federal officials to commute Clarence Aaron’s sentence, but the Justice Department had other ideas.

Posted on May 14, 2012 READ MORE  |  22766 READS
Predator Nation

The CIA’s global drone assassination campaign has turned much of the rest of the planet into what can only be considered an American free-fire zone.

Posted on May 14, 2012 READ MORE  |  2473 READS
Colonized by Corporations

We have been, like nations on the periphery of empire, colonized.

Posted on May 14, 2012 READ MORE  |  47679 READS

Recently, a group called the Freedom From Religion Foundation ran a full-page ad in The Washington Post cast as an “open letter to ‘liberal’ and ‘nominal’ Catholics.”

Posted on May 14, 2012 READ MORE  |  2408 READS
The NYT Charts Student Debt Across the Nation

With data collected by the Institute for College Access and Success, editors at The New York Times created an interactive graph showing annual tuition and fee costs and average graduate debt for a number of American universities.

Posted on May 12, 2012 READ MORE  |  3018 READS
Abbott Labs to Pay $1.5 Billion for Unapproved Marketing

The pharmaceutical company will pay $1.5 billion to settle criminal and civil liability charges for promoting the drug Depakote for uses not approved by the Food and Drug Administration.

Posted on May 12, 2012 READ MORE  |  781 READS
 





 
Newsletter

Get Truthdig in your inbox


 
 
 
Join the Liberal Blog Advertising Network
 
 
 
 
 
 
 
Blogroll

Sites

     

Blogroll

 

AlterNet
Arts and Letters Daily
BuzzFlash
Center for Investigative
  Reporting

Citizens for Ethics
Democracy Now!
Human Rights Watch
KCRW: Left, Right & Center
Laura Flanders

Media Matters
Mosaic
Ms. Magazine
Progressive Book Club
TheHill.com

The Nation
The Peter B. Collins Show
Where’s Our Money?
Working for Change

Altercation
Boing Boing
Salon | Broadsheet
BuzzMachine

Cursor
Daily Kos
Feministing

Blogroll Continued

     

Advertise Liberally
Blogroll

 

The Huffington Post
Instapundit
LA Observed
Political Animal

Romenesko
Taegan Goddard's
  Political Wire

TalkLeft

Talking Points Memo
Tapped
The Largest Minority
The Notion

Think Progress
Wonkette

BRAD Blog
Crooks and Liars
Informed Comment
SirotaBlog

           

A Progressive Journal of News and Opinion. Editor, Robert Scheer. Publisher, Zuade Kaufman.
Copyright © 2012 Truthdig, L.L.C. All rights reserved.