Tuesday, Jul 01st
Last update03:06:18 AM GMT
The federal government under the Bush administration ran an operation that allowed hundreds of guns to be transferred to suspected arms traffickers — the same tactic that congressional Republicans have criticized President Barack Obama's administration for using, two federal law enforcement officials said Tuesday.
Rep. Darrell Issa, R-Calif., Sen. Chuck Grassley, R-Iowa, and other Republicans have been hammering the Obama Justice Department over the practice known as "letting guns walk."
A whistleblower suit unsealed in federal court in Atlanta on Monday alleges that some of the nation’s largest banks and mortgage companies have cheated military veterans and taxpayers out of hundreds of millions of dollars by hiding illegal fees in veterans’ home loan refinancing.
The suit accuses the companies, including Wells Fargo, Bank of America, J.P. Morgan Chase and GMAC Mortgage, of engaging in “a brazen scheme to defraud both our nation’s veterans and the United States treasury” of millions of dollars in connection with home loans guaranteed by the Department of Veterans Affairs.
France will maintain a ban on fracking until there is proof that shale gas exploration won’t harm the environment or “massacre” the landscape, President Nicolas Sarkozy said.
“Development of hydrocarbon resources underground is strategic for our country but not at any price,” Sarkozy said during a visit to Ales in southern France. “This won’t be done until it has been shown that technologies used for development respect the environment, the complex nature of soil and water networks.”
Wondering how much it costs to buy off the police department? JP Morgan Chase just gave the New York City Police Foundation the largest donation in its history. How the police show their gratitude will presumably determine whether they receive similar donations from companies in the future.
And what sort of benefits might JPM get? The police might be extra protective of your interests. Today, OccupyWallStreet decided to march across the Brooklyn Bridge (a proud New York tradition) to Chase Manhattan Plaza in Brooklyn. Reports in the media indicate that the police at first seemed to be encouraging the protestors not only to cross the bridge, but were walking in front of the crowd, seemingly escorting them across. Over 700 of the marchers were arrested, and the media has a rather amusing “he said, she said” account, with OccupyWallStreet claiming entrapment and the cops batting their baby blues and trying to look innocent.
Since the 1996 introduction of genetically engineered crops — crops that are altered with inserted genetic material to exhibit a desired trait — U.S. agribusiness and policymakers have embraced biotechnology as a silver bullet for the food system. The industry promotes biotechnology as an environmentally responsible, profitable way for farmers to feed a growing global population. But despite all the hype, genetically engineered plants and animals do not perform better than their traditional counterparts, and they raise a slew of health, environmental and ethical concerns.
GE Hitachi Nuclear Energy said 35 reactors it built for utilities from New York to Washington may not shut down properly during an earthquake. The likelihood of failure is "low," the company said in an advisory to customers on additional actions to take.
GE Hitachi, which made First Energy Corp.'s Perry, Ohio, plant on Lake Erie, about 120 miles northwest of Pittsburgh, and Exelon Corp.'s Oyster Creek plant in New Jersey, is recommending testing to determine what level of friction would prevent control rods from fully inserting into the reactor core during an earthquake, according to filings with the Nuclear Regulatory Commission.
E-mails between lobbyists for a firm proposing a Canada-U.S. oil pipeline and the State Department reveal a sometimes-cozy relationship, environmentalists say.
The New York Times reports environmental groups say the e-mails show "complicity" between TransCanada, the pipeline company, and U.S. State Department officials charged with evaluating its environmental impact.
Former Massachusetts Gov. Mitt Romney (R) told Fox News host Mike Huckabee this weekend that he would support an amendment to his state’s constitution to define life as beginning at conception, which would outlaw abortion and potentially many forms of contraception as well.
Noting that the state supreme court forced the inclusion of abortion coverage in Romney’s universal health care law, the GOP presidential front-runner said the only way to undo the decision would be a constitutional amendment. Asked if he would support such a move, Romney replied, “absolutely”:
n the spring of 2010, the conservative political strategist Ed Gillespie flew from Washington, D.C., to Raleigh, North Carolina, to spend a day laying the groundwork for REDMAP, a new project aimed at engineering a Republican takeover of state legislatures.
Gillespie hoped to help his party get control of statehouses where congressional redistricting was pending, thereby leveraging victories in cheap local races into a means of shifting the balance of power in Washington.
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