Meet The New Boss

White House: Fed Chief Race Down To Two

"The White House whittled down its candidates to succeed Federal Reserve Chairman Ben Bernanke to two names: Current Fed Vice-Chair Janet Yellen and long-time Washington, D.C., economic guru Larry Summers. Both candidates bring strong resumes, decades of experience with U.S. monetary policy, and about an equal amount of baggage. Yellen’s favorables include serving the past three years as Bernanke’s second in command, a factor that would presumably soothe potential market fears of a significant change in Fed policy. Yellen is known as a strong supporter of the easy money policies initiated by the Fed in the wake of the financial crisis." Continue reading →

Continue ReadingWhite House: Fed Chief Race Down To Two

White House: Fed Chief Race Down To Two

"The White House whittled down its candidates to succeed Federal Reserve Chairman Ben Bernanke to two names: Current Fed Vice-Chair Janet Yellen and long-time Washington, D.C., economic guru Larry Summers. Both candidates bring strong resumes, decades of experience with U.S. monetary policy, and about an equal amount of baggage. Yellen’s favorables include serving the past three years as Bernanke’s second in command, a factor that would presumably soothe potential market fears of a significant change in Fed policy. Yellen is known as a strong supporter of the easy money policies initiated by the Fed in the wake of the financial crisis." Continue reading →

Continue ReadingWhite House: Fed Chief Race Down To Two

Death toll rises in Egypt following clashes

"At least six people were killed in overnight clashes in Cairo between supporters and opponents of ousted Egyptian President Mohamed Morsi, the health ministry has confirmed to Al Jazeera. The clashes late that night saw the use of birdshot, gunfire and molotov cocktails, witnesses said. Police then intervened, firing tear gas to disperse the crowd. Earlier in the day, Adly Mansour, Egypt's interim president, renewed appeals for reconciliation. 'We want to turn a new page in the country’s book with no hatred, no malice, no division,' he said in a pre-recorded speech that also highlighted the importance of the army in Egypt's history." Continue reading →

Continue ReadingDeath toll rises in Egypt following clashes

How will Obama defend secret NSA program in court? Letter offers clue.

"The letter continues, 'the Government is prohibited ... from indiscriminately sifting through the data. The data-base may only be queried for intelligence purposes by NSA analysts where there is a reasonable, articulable suspicion (RAS), based on specific facts.' If the government wants to take a closer look, any data gleaned must be associated with people or phone numbers already identified and approved by the secret Foreign Intelligence Surveillance Court. In 2012, the letter revealed, the court approved fewer than 300 'query terms' that would allow intelligence analysts to pursue a phone call further." Continue reading →

Continue ReadingHow will Obama defend secret NSA program in court? Letter offers clue.

Family of Egypt’s Morsi threaten legal action over ‘abduction’

"The family of Egypt’s ousted Islamist president, Mohamed Mursi, said on Monday it would take legal action against the army for abducting him. Mursi has been held at an undisclosed military facility since the army deposed him on July 3 and suspended the constitution in the wake of huge street protests against his one-year rule. The army says Mursi is being held for his own safety. Mursi’s supporters are maintaining a round-the-clock vigil in a Cairo suburb, now in its third week. They say they will stay put until Mursi is returned to office." Continue reading →

Continue ReadingFamily of Egypt’s Morsi threaten legal action over ‘abduction’

7 Ways The Obama Administration Has Accelerated Police Militarization

"In many of these examples, Obama is merely continuing policies that began in previous administrations. And there are some areas where he has made progress, notably by apportioning a greater portion his anti-drug budget to treatment instead of enforcement. But in several of the examples above, he has actually stepped up the policies he inherited. Obama the candidate made some unusually frank and critical statements about the drug war, incarceration, and the criminal justice system. His drug czar then showed some rare insight into the dangers of war rhetoric when discussing domestic policing. Obama the president has been more of the same, and in some cases worse." Continue reading →

Continue Reading7 Ways The Obama Administration Has Accelerated Police Militarization

Obama toasts Bush: ‘We are surely a kinder and gentler nation because of you’

"In a rare and warm appearance, former President George H.W. Bush returned to the White House on Monday. The 89-year-old was there to hand out the 5,000th award from his 'Points of Light' Foundation, but the celebration also recognized the 41st president’s legacy of charity and altruism. President Barack Obama credited the 89-year-old Bush with sparking a 'national movement' to advance volunteerism and community service as the 41st president of the United States, joined Obama onstage." Continue reading →

Continue ReadingObama toasts Bush: ‘We are surely a kinder and gentler nation because of you’

The United States Should Quit Meddling in Egypt

"Liberal demonstrations have claimed that the Obama administration had supported the Brotherhood and its former President Mohamed Morsi. Yet the Brotherhood has claimed that despite the U.S. government’s neutral rhetoric during the latest crisis—calling on all sides to rein in violence from their supporters—American diplomats secretly pressured the Brotherhood to resign itself to Morsi’s ouster by the Egyptian military, re-enter the political process, and thus legitimate the coup. Both sides are correct. How can this be?" Continue reading →

Continue ReadingThe United States Should Quit Meddling in Egypt

Congressional Picks for DHS Head Include Backers of Mass Surveillance

"Lawmakers on the House Homeland Security Committee are suggesting individuals who have supported programs similar to National Security Agency digital surveillance initiatives. Among the people ranking Democrat Rep. Bennie Thompson, D-Tenn., would prefer, according to minority committee aides, is Rep. Loretta Sanchez, D-Calif., a committee member who supported the divisive Cyber Intelligence Sharing and Protection Act, known as CISPA. The measure, which the House approved by a 288-127 vote in April, would allow the intelligence community to monitor the metadata of private emails for threat signatures or indicators of malicious software." Continue reading →

Continue ReadingCongressional Picks for DHS Head Include Backers of Mass Surveillance

The War on Terror Is a War on American Freedom

"Our Democratic law professor president, a self-described progressive, has created a perfect storm. Ten years ago, liberals screamed because the Republican administration took note of what patrons checked out at the library. Today, they seem much more complacent in the face of more intimate forms of mass surveillance. Democrats once talked about prosecuting executive officials for wrongdoing. Today they muse about whether the government should jail journalists like Glenn Greenwald, U.S. columnist for the British newspaper, the Guardian, merely for providing a soapbox for whistleblowers." Continue reading →

Continue ReadingThe War on Terror Is a War on American Freedom