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Why a Federal Judge Trashed the SEC’s Settlement With Citigroup
When the Securities and Exchange Commission struck a deal with Citigroup over a failed security that the bank sold to investors, we asked whether regulators had handed Citigroup too …
New Report Details ALEC Influence in Arizona
Last year, the American Legislative Exchange Council (ALEC) attracted attention when reporters revealed Arizona's SB1070 anti-immigration law was pre-approved by ALEC corporations that stood to benefit from its passage. …
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New York Court Ruling: Corporations May Pick Americans’ Pockets
On Monday, New York's highest court, the Court of Appeals, overturned a ban (lasting since 1846) prohibiting the state from giving gifts of money or credit to corporations. From …
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LA Mayor Says He Evicted Protesters Out of Concern for Children, But City Has 13,000 Homeless Kids
Last night, the city of Los Angeles reversed its long-standing policy of mutual cooperation with Occupy Los Angeles and raided the encampment on the steps of city hall, evicting …
Meet Five Big Lenders Profiting From the $1 Trillion Student Debt Bubble (Hint: You Know Some of Them Already)
Underneath the now-iconic red sculpture at Liberty Plaza, now cleared of tents and ringed by barricades plastic-cuffed together, several “students” stood draped in fake chains over their caps and …
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Biden in Iraq to Prepare for Postwar Relations
Baghdad - Vice President Joseph R. Biden Jr. arrived here on Tuesday for a visit meant to inaugurate a new relationship between the United States and Iraq, just weeks …
Capitalism in the Spotlight in the Occupy Movement
It’s easy for people involved in progressive political movements to be jaded by political discourse. One of the reasons why the Occupy movement has been interesting is that it …
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Occupy Protesters Evicted in Two Cities
Los Angeles - The steel-mesh fence went up around the perimeter of City Hall Park here early Wednesday morning. Behind it, fields of dirt and brown grass were covered …
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Movers and Sheriff’s Deputies Refuse Bank’s Order to Evict 103-Year-Old Atlanta Woman
Yesterday, a Deutsche Bank branch in Atlanta had requested the eviction of Vita Lee, a 103-year-old Atlanta woman, and her 83-year-old daughter. Both were terrified of being removed from …
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Occupy’s Radicalism Prompts Disdain From Liberal Class
Death of the Liberal Class is not a perfect book – Chris Hedges’ love for the classical and puritan tendencies mar the discussions of art and the internet, and …