Bank of America: ‘a criminal enterprise’


From DAVID DAYEN
Firedoglake

Nevada Attorney General Catherine Cortez Masto’s amended complaint in a lawsuit against Bank of America has so many interesting nuances, I think I need a new Internet to catalog them all. But let me start by saying that this complaint is a stick of dynamite to the foreclosure fraud settlement, exposing it as a useless whitewash that won’t deter banks from their criminal practices. Masto joins other skeptical AGs here in not acceding to such a dereliction of duty, and instead she lays out a thorough case of systematic fraud, in this case by Bank of America, at every step of the mortgage process.

First, the background. In October 2008, a group of twelve state Attorneys General, including Nevada, entered into a settlement with Bank of America over predatory lending at the mortgage lender Countrywide, which BofA had purchased in July. In the settlement, BofA promised to modify up to 400,000 mortgages nationwide, at a cost of up to $8.4 billion. This was to include principal reductions as well as refinancing, and all foreclosure operations

Preparing Poor America for Harder Times Ahead



THE COMMUNITY ACTION PARTNERSHIP

The Community Action Partnership, which is the umbrella organization of Community Action Agencies–which in turn administer the lion’s share of anti-poverty programs in the US–has just come out with a report, Facing the New Reality: Preparing Poor America for Harder Times Ahead. Input for the report came from (among others) Nate Hagens, Dmitry Orlov, Sharon Astyk, Dave Room, John Michael Greer, Megan Bachman, and Richard Heinberg.

[…] While most agree that the global economy nearly collapsed in the fall of 2008, few acknowledge that nothing has fundamentally changed to prevent this from happening again. Recent bailouts of fragile European economies like Greece, Iceland and Portugal (like the bailouts of American financial institutions) increased the debt that first caused the defaults and likely set the stage for more economic chaos not far down the road.

Why the Fukushima disaster is worse than Chernobyl


From THE INDEPENDENT

Yoshio Ichida is recalling the worst day of his 53 years: 11 March, when the sea swallowed up his home and killed his friends. The Fukushima fisherman was in the bath when the huge quake hit and barely made it to the open sea in his boat in the 40 minutes before the 15-metre tsunami that followed. When he got back to port, his neighbourhood and nearly everything else was gone. “Nobody can remember anything like this,” he says.

Now living in a refugee centre in the ruined coastal city of Soma, Mr Ichida has mourned the 100 local fishermen killed in the disaster and is trying to rebuild his life with his colleagues. Every morning, they arrive at the ruined fisheries co-operative building in Soma port and prepare for work. Then they stare out at the irradiated sea, and wait. “Some day we know we’ll be allowed to fish again. We all want to believe that.”

This nation has recovered from worse natural – and manmade – catastrophes. But it is the triple meltdown

Mendo Island Transition: The significant benefits of food localization


From MICHAEL BROWNLEE
Colorado Transition

The local food shift is gaining significant traction in Boulder County, growing well beyond the euphoric early adopter stage into early majority territory. It is unfolding so rapidly and so unpredictably that it could well be called a revolution.

If it hasn’t already, the issue of local food is about to land on the desks of public officials and political candidates, perhaps even in unexpected ways. One candidate, aware of this shift, contacted Transition Colorado and requested “talking points” on this important issue. What follows here is a very preliminary and incomplete briefing intended to help all officials and candidates quickly bone up on some of the major issues and prepare to deal with the challenges that are coming their way.

Since our current food-related laws and policies were created — and most public officials were elected or appointed — long before the local food shift began to take hold, familiarity with these issues could be crucial not only to candidates’ political future, but also the well-being of the communities they serve.

Roots of the local food shift

Saving A National Treasure: Our Libraries


Tulare County Free Library, Allensworth, California

From JAY WALLJASPER
On The Commons

[Vote Yes on Mendocino County Libraries — Measure A ~DS]

Since 1994 Robert Dawson, a photography instructor at San Jose State and Stanford, has visited more than 17,000 libraries coast-to-coast—some grand, most humble—to document the central role they play in the life of their communities. This summer he is crossing the country again with his son Walker to celebrate these national treasures. Follow his adventures and see new photos at Library Road Trip. You can also make a contribution to his project.

An exhibit of his photos, “Public Library: An American Commons” is now on display at the San Francisco Public Library. Viewing a slideshow of Dawson’s exhibit on the website of the Design Observer (here) is a moving experience.

From the computer facilities packed with users at the Harold Washington Library in Chicago to a relaxed public meeting at the Newport Public Library in Vermont

Sen. Bernie Sanders and Understanding the Right’s Attack on Social Security


From DAVE JOHNSON
Campaign for America’s Future

“When [Social Security] was developed, 50 percent of seniors lived in poverty. Today, poverty among seniors is too high, but that number is ten percent. Social Security has done exactly what it was designed to do!”

You hear over and over that Social Security is “in trouble” or that we “can’t afford it.” This is as far from true as can be, and the idea behind this is to convince people to just give up on defending the program and let the haters have their way. The people who hate Social Security the most are the ones who say they want to make these changes to “save” it. Well Bernie Sanders loves the program and has introduced a bill that actually will save it.

The Haters

Conservatives have hated Social Security from the start, because it is a program that demonstrates once and for all the value of progressive governance. Social Security is as clear an example of We, the People… Complete article here
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Three Charts To Email To Your Right-Wing Brother-In-Law


From DAVE JOHNSON
The Smirking Chimp

Problem: Your right-wing brother-in-law is plugged into the FOX-Limbaugh lie machine, and keeps sending you emails about “Obama spending” and “Obama deficits” and how the “Stimulus” just made things worse.

Solution: Here are three “reality-based” charts to send to him. These charts show what actually happened.

Spending

Government spending increased dramatically under Bush. It has not increased much under Obama. Note that this chart does not reflect any spending cuts resulting from deficit-cutting deals.

Katrina in Vermont


From JAMES HOWARD KUNSTLER

The same creeping nausea that followed the CNN ‘all clear’ sign in New Orleans six years ago happened again yesterday. Anderson Cooper seemed a little peeved that the lights didn’t go out in Manhattan, but then the remnants of Hurricane Irene stomped up the Hudson Valley and stalled a while and commenced to rip apart the Catskills, the eastern Adirondacks, the Mohawk and upper Hudson valleys, and then almost all of Vermont, not to mention New Hampshire and western Massachusetts, and I can’t even tell you much about whatever’s going on in Pennsylvania, Virginia, Delaware, and Maryland this morning. Connecticut, Long Island, and Rhode Island are in there somewhere, and surely there’s more than a few things out of place in North Carolina.

This is nowhere near Katrina’s death toll of over 1800 souls, but the damage to scores of towns, businesses, houses, and basic civic armature is going to be very impressive as the news filters in later this week and the disaster is still very much ongoing Monday, even with the sun shining bright. Towns all over Vermont and New Hampshire are still drowning. The Hudson River

Shit Jobs of the Future


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