Joseph Stiglitz Hails New BRICS Bank Challenging U.S.-Dominated World Bank & IMF

Nobel Economist Joseph Stiglitz Hails New BRICS Bank Challenging U.S.-Dominated World Bank & IMFA group of five countries has launched its own development bank to challenge the U.S.-dominated World Bank and International Monetary Fund. Leaders from the so-called BRICS countries – Brazil, Russia, India, China and South Africa – unveiled the New Development Bank at a summit in the Brazilian city of Fortaleza.

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Phil Donahue unloads on Fox, Cheney and what happened at MSNBC

Phil Donahue’s vindication: Media icon unloads on Fox, Cheney and what happened at MSNBCLegendary TV host was fired for opposing Iraq war. Here’s how he feels seeing the return of those who got it wrong As has been well-documented, and will hopefully long be taught in journalism schools nationwide, the run-up to the invasion of Iraq in 2003 was not the American mainstream media’s finest hour.

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via Salon

Largest US sentence reduction in history approved for drug offenders

Largest US sentence reduction in history approved for drug offenders | Al Jazeera AmericaThe federal agency that sets criminal sentencing policies for judges voted on Friday to allow tens of thousands of inmates serving time for drug crimes to apply for reduced sentences, the largest such sentencing reduction in modern U.S. history. The unanimous vote by the seven members of the U.S.

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Lawsuit Filed Against Georgia Debt Collection ‘Factory’

Lawsuit Filed Against Georgia Debt Collection ‘Factory’The Consumer Financial Protection Bureau (CFPB) is suing Frederick J. Hanna & Associates, a Georgia-based law firm that specializes in suits against consumers who have outstanding debts owed to banks, debt buyers, and credit card companies. The suit, filed earlier this week in the Atlanta Division of Georgia’s Northern District, says the firm “…operates less like a law firm than a factory.

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Charges tie Shurtleff job interview to Bank of America deal

Charges tie Shurtleff job interview to Bank of America dealThen-Attorney General Mark Shurtleff interviewed for a job with a law firm that represents Bank of America just two months before he personally signed a settlement of a lawsuit against the financial giant over whether it was illegally foreclosing on homes in Utah. He subsequently was hired for the post.

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via Sltrib

BRICS announce $200B challenge to world financial order

BRICS announce $200B challenge to world financial order | Al Jazeera AmericaAfter years of railing against the Western-dominated global financial order, a powerful bloc of the world’s emerging economies has finally done something about it. On Tuesday, the BRICS nations – Brazil, Russia, India, China and South Africa – formally introduced their long-awaited $100 billion development bank, to be headquartered in Shanghai, and a currency reserve of the same size, institutions that aim to be both competitor and antithesis to the World Bank and International Monetary Fund.

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US Navy nurse refuses to force-feed Guantanamo detainee

Conscientious objector: US Navy nurse refuses to force-feed Guantanamo detaineeAFP Photo / John Moore A Navy nurse is making waves for refusing to force-feed inmates participating in hunger strikes at the prison complex in Guantanamo Bay, Cuba. The unidentified nurse – described by one inmate as a 40-year-old Latino – is believed to be the first conscientious objector to Guantanamo’s controversial tube feeding policy.

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via Rt

Obama administration says the world’s servers are ours

Obama administration says the world’s servers are oursGlobal governments, the tech sector, and scholars are closely following a legal flap in which the US Justice Department claims that Microsoft must hand over e-mail stored in Dublin, Ireland. In essence, President Barack Obama’s administration claims that any company with operations in the United States must comply with valid warrants for data, even if the content is stored overseas.

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