Why is Nobody (in the US) Freaking Out About the LIBOR Banking Scandal? | Common Dreams
Matt says: "This story is so outrageous that it shocks even the most cynical Wall Street observers. I have a friend who works on Wall Street who for years has been trolling through the stream of financial corruption stories with bemusement, darkly enjoying the spectacle as though the whole post-crisis news arc has been like one long, beautifully-acted, intensely believable sequel to Goodfellas. But even he is just stunned to the point of near-speechlessness by the LIBOR thing. “It’s like finding out that the whole world is on quicksand,” he says.
Wednesday
Monday
Gmail - Our best chance to stop the Keystone XL - (petition to Clinton)
Gmail - Our best chance to stop the Keystone XL -- are you in?
The pipeline is back -- and so are we!
President Obama rejected the Keystone XL tar sands pipeline last January, but its corporate owner -- TransCanada -- has submitted a new and revised proposal to the State Department for the northern stretch of this disaster-in-the-making.
President Obama has promised repeatedly that the pipeline would not get approved without a full and independent review.
It’s time to make sure that Secretary of State Hillary Clinton delivers on that promise!
Send a message telling Secretary Clinton that TransCanada’s new pipeline proposal must get an entirely new and rigorous review of its far-reaching impacts.
The State Department is already signaling that it wants to rely in large part on the
terribly flawed review it conducted last year -- which is exactly what Big Oil wants!
That botched review whitewashed the Keystone XL, claiming it would have “no significant impact” on the surrounding environment -- a corporate-sponsored conclusion that flies in the face of the awful reality.
The pipeline is back -- and so are we!
President Obama rejected the Keystone XL tar sands pipeline last January, but its corporate owner -- TransCanada -- has submitted a new and revised proposal to the State Department for the northern stretch of this disaster-in-the-making.
President Obama has promised repeatedly that the pipeline would not get approved without a full and independent review.
It’s time to make sure that Secretary of State Hillary Clinton delivers on that promise!
Send a message telling Secretary Clinton that TransCanada’s new pipeline proposal must get an entirely new and rigorous review of its far-reaching impacts.
The State Department is already signaling that it wants to rely in large part on the
terribly flawed review it conducted last year -- which is exactly what Big Oil wants!
That botched review whitewashed the Keystone XL, claiming it would have “no significant impact” on the surrounding environment -- a corporate-sponsored conclusion that flies in the face of the awful reality.
Weapons Builders Bank on Proliferation of Drones |
Weapons Builders Bank on Proliferation of Drones | Common Dreams
US weapons manufacturers who sell drone aircraft to the US government are concerned that their pilot-less surveillance and attack planes sales have plateaued and now, with the help of lobbyists and industry-friendly members of Congress, are hoping that they can remove export restrictions that will allow them to sell theses weapons to foreign governments eager for the remote technology.
Northrop Grumman, which recently unveiled a new Navy surveillance drone, is among the companies that want looser restrictions on exports. (Photo: LA Times) According to a report in the Los Angeles Times, companies like Northrup Gruman and General Atomics Aeronautical Systems Inc., are eager to tap a growing foreign appetite for high-tech drones, and claim they are facing competition in the world market by countries such as Israel and China.
"Export restrictions are hurting this industry in America without making us any safer," Wesley G. Bush, Northrop's chief executive, said at a defense conference this year. "The U.S. is struggling to sell unmanned aircraft to our allies while other nations prepare to jump into the marketplace with both feet."
The restrictions are part of an arms export control treaty signed by the United States and thirty-four other countries in 1987 (when drone technology was more science fiction than reality). The agreement placed a limit on the sale of remote-controlled aircraft according to size, range, and weapons capability.
US weapons manufacturers who sell drone aircraft to the US government are concerned that their pilot-less surveillance and attack planes sales have plateaued and now, with the help of lobbyists and industry-friendly members of Congress, are hoping that they can remove export restrictions that will allow them to sell theses weapons to foreign governments eager for the remote technology.
Northrop Grumman, which recently unveiled a new Navy surveillance drone, is among the companies that want looser restrictions on exports. (Photo: LA Times) According to a report in the Los Angeles Times, companies like Northrup Gruman and General Atomics Aeronautical Systems Inc., are eager to tap a growing foreign appetite for high-tech drones, and claim they are facing competition in the world market by countries such as Israel and China.
"Export restrictions are hurting this industry in America without making us any safer," Wesley G. Bush, Northrop's chief executive, said at a defense conference this year. "The U.S. is struggling to sell unmanned aircraft to our allies while other nations prepare to jump into the marketplace with both feet."
The restrictions are part of an arms export control treaty signed by the United States and thirty-four other countries in 1987 (when drone technology was more science fiction than reality). The agreement placed a limit on the sale of remote-controlled aircraft according to size, range, and weapons capability.
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