Charley James: In a little-noticed piece of legislation he is trying to move through his Committee on Homeland Security and Governmental Affairs a bill that would effectively strip independent regulatory agencies of their power to effectively regulate just about anything.
Rebecca Griffin: As we gear up to keep the pressure on following President Obama’s disappointing announcement of his plan for a modest withdrawal, we see once again how critical our congressional work has been.
Joseph Palermo: The massive trading and swapping of Collateralized Debt Obligations (CDOs) and other abstractions cooked up by the fertile minds of sociopathic Wall Street “traders” not only did nothing to lubricate the real economy through financial intermediation, but they helped bring down the entire system and cost taxpayers hundreds of billions of dollars.
UPDATE: Wanted: Richard Bruce Cheney – Self-Confessed War Criminal: Sen. Carl Levin Calla For Torture Investigation, Possible Indictment Based On Cheney’s TV Admission
by Charley James – Appearing last night on Rachel Maddow’s show, Senate Armed Services Committee chair Carl Levin called for an investigation and possible indictment of Vice President Dick Cheney for admitting he authorized waterboarding – a form of torture since the Spanish Inquisition and illegal under numerous US laws and international treaties.