UPDATED: How Obama Administration Silences Congo’s M23 Rebel Movement

Photo: Al Zazeera

Georgianne Nienaber: It seemed that while M23 was winning on the battlefield against both the FDLR and the regular Congo Army (FARDC), and had gained recognition by the African Union as a partner in peace negotiations, they had lost the social media and Internet public relations battle.

GOP Too Nuts for Obama’s Debt Ceiling Gambit

obama and senior staff

Robert Reich: So it must be that he’s counting on public pressure — especially from the GOP’s patrons on Wall Street and big business — to force Republicans into submission.

What Happens in Bogotá Doesn’t Stay in Bogotá

Jorge Parra

Diane Lefer: Local dealerships don’t determine corporate policy but they also don’t answer to GM shareholders or benefit from CEO compensation packages. It seemed they would instead be concerned with any bad publicity that could tarnish the Chevrolet brand.

U.S. Treasury Claim of Iran-Al-Qaeda “Secret Deal” Is Discredited

Paul Pillar

Gareth Porter: Treasury Department claims of a “secret deal” between Iran and Al-Qaeda, which had become a key argument by right-wing activists who support war against Iran, have been discredited by former intelligence officials

A Billionaire Comes A’Whinin’

obama cafe

Joseph Palermo: Apparently for the captains of industry and high finance it’s not enough for Obama to be a faithful servant of their narrow class interests, they also want him to bend down and kiss their rings.

U.S. Officials Peddle False Intel to Support Terror Plot Claims

iran assassination

Gareth Porter: The media stories generated by the leaks helped divert press attention from the fact that there is no verifiable evidence of any official Iranian involvement in the alleged assassination plan

Tax Reform: Close the Bank of America-Size Loop Hole

pbs-cuts

Tina Dupuy: The middle class and small businesses have been wrecked by “too big to fail” Goliaths who engaged in ethically reprehensible – yet shockingly legal practices.

Treasury Slow Fixing Foreclosure Prevention Program

foreclosure-wide

Marian Wang: By the end of last year, the program had given nearly 1.5 million households “a chance” of a mortgage modification through a trial modification. For most, that chance never turned developed into permanent help.

Why Obama Must Get Mad

obama basketball

Anthony Samad: President Obama needs to get mad a little more often, when he’s trying to do something serious, and the conservatives (and their pundits) are playing games with him.

Despite Extra Help, Weakest Bailed-Out Bank Still Among Worst

Rep. Barney Frank, chairman of the House Financial Services Committee, confers with Rep. Maxine Waters. (Win McNamee/Getty Images)

Marian Wang: At the center of the ethics controversy enveloping Rep. Maxine Waters, a California Democrat, is OneUnited, the nation’s largest African-American-owned bank.

Elizabeth Warren You Rock

The New Sheriffs Of Wall Street

Wendy Block: I don’t know if the world would improve if women ran it. Our decision-making and problem-solving brain centers are proportionally larger than men’s. Same with emotions, perhaps a mixed blessing. And anxiety tends to lead women to reach out to others, often at their own expense, whereas men generally get all “fight or flight.”

The Enthusiasm Gap

Don Obama Quixote

Robert Reich: The Dem base is lethargic because congressional Democrats continue to compromise on everything the Dem base cares about. For a year now it’s been nothing but compromises, watered-down ideas, weakened provisions, wider loopholes, softened regulations.

Chase Denied Loan Mods for Now Forbidden Reason—Homeowners in Limbo

Protesters organized by the Neighborhood Assistance Corporation of America display a sign from inside the lobby of the One Chase Manhattan Plaza building on Dec. 14, 2009, in New York City. (Chris Hondros/Getty Images)

Paul Kiel: The largest servicers have lagged in approving homeowners for modifications. Together, those servicers account for more than 60 percent of the 3.4 million mortgages eligible for the program, but very few homeowners have been approved for lasting modifications. About 425,000 Chase customers are eligible for loan mods, according to the Treasury Department. Only a little more than 7,000 have received permanent modifications.

End the Filibuster and Pass a Lot of Stuff

Joseph Palermo: The Democrats must pass a lot of legislation before the midterms or they’re going to be very sorry. Soon enough, given the Supreme Court’s recent 5-4 ruling in Citizens United v. FEC, we’re going to see campaigns where our choice for U.S. Senator will be between the “Doritos Nacho Cheese Tortilla Chips” candidate and the “Pepsi/Pizza Hut/KFC/Frito Lay/Taco Bell” candidate. Former President George W. Bush is raking in the bucks speaking at the National Grocers’ Association. First he defiled the presidency by getting John Yoo to turn the Justice Department into a law factory for monarchical presidential powers, now he shares the stage as an inspirational speaker with Terry Bradshaw. Our elections are about to become a satirical skit that Stephen Colbert of the Colbert Report did a long time ago.

The Real Scandal of AIG

rich-cigar

The real scandal of AIG isn’t just that American taxpayers have so far committed $170 billion to the giant insurer because it is thought to be too big to fail — the most money ever funneled to a single company by a government since the dawn of capitalism — nor even that AIG’s notoriously failing [...]

What Should Be Done With The Next $350 Billion of Taxpayer Bailout Money: Criteria for TARP II

obama_tightrope

It’s difficult to make the case that the first $350 billion bailout of Wall Street — so-called “TARP I” — fulfilled its goals, unless one argues that the Street would have imploded without it, which is pretty much what Hank Paulson is saying these days. And since it’s impossible to prove a counter-factual, especially when [...]

Stimulus Plan: The Need and the Size

sinkingeconomy

The core problem we face is not access to capital. The Treasury has already flooded Wall Street and the banking system with money, committing nearly $350 billion; the Federal Reserve Board has exchanged Treasury bills for some $2.2 trillion of troubled assets; other agencies, such as the FDIC, have guaranteed trillions more. But there has [...]

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