Wall Street greed nearly wrecked our entire future, and still nothing much has been done about it, basically due to corruption of the electoral system. The two main guests of the program are former Senator Byron Dorgan, and former Citigroup Chairman John Reed. They don’t mince words. The fact that naked credit default swaps are still legal, that the too-big-to-fail banks are even bigger than before, and that one of our two political parties is about to nominate a vulture capitalist who argues that the regulations on Wall Street are too strict, is a sign of just how deeply rotten to the core the political system in this country has become.
But instead of this issue, we spend our time debating whether global warming is actually real, how much Social Security should be cut to please Standard and Poors, and how much birth control women should allowed to take.
Completely, totally dysfunctional.
Tag Archives: Department of Justice
Who exactly is really in charge at the Department of Justice? Didn’t we just have some sort of “regime change” in Washington?
WASHINGTON (AP) — A federal judge said Thursday that he wants to look at notes from the FBI’s interview with former Vice President Dick Cheney during the investigation into who leaked the identity of a CIA operative.
U.S. District Judge Emmet Sullivan’s decision to review the documents followed arguments by Obama administration lawyers that sounded much like the reasons the Bush administration provided for keeping Cheney’s interview from the public.
Justice Department lawyers told the judge that future presidents and vice presidents may not cooperate with criminal investigations if they know what they say could become available to their political opponents and late-night comics who would ridicule them.
“If we become a fact-finder for political enemies, they aren’t going to cooperate,” Justice Department attorney Jeffrey Smith said during a 90-minute hearing. “I don’t want a future vice president to say, `I’m not going to cooperate with you because I don’t want to be fodder for ‘The Daily Show.'”
I, for one, think that the most meaningful political commentary we have comes from Jon Stewart.