We Fight Low Information
Gareth Porter: The Obama administration’s new interest in the 2004 religious verdict, or “fatwa”, by Iran’s Supreme Leader Ayatollah Ali Khamenei banning the possession of nuclear weapons has prompted the New York Times to review the significance of the fatwa for the first time in several years.
Shamus Cooke: Because both parties simply threw money at the banks and hedge funds instead of punishing them, a condition of “moral hazard” was created, meaning, that banks would assume another bailout would come their way if they destroyed the economy again — too big too fail, remember?
Michael Sigman: For many old-media types I talked to, there was more resignation than outrage this time around, as though a cherished institution were already gone.
Julie Driscoll: Students and their parents’ only hope is Elizabeth Warren and Sherrod Brown, two Democratic Senators who have the cojones to take on big banks, Wall Street, and the powers that be.
Berry Craig: Called the “Ride for Respect,” the demonstration at Walmart corporate headquarters in Bentonville, Arkansas, will be modeled on civil rights volunteers who rode buses into the South in the 1960s to protest Jim Crow racial injustice.
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