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Friday, June 25, 2010

Friday's Daily Brief of the Huffington Post




 
The Huffington Post   2010-06-25
     

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Les Leopold: Why the Wall Street-BP Double Standard?

2010-06-25-capt.b1c4f1b6e51b4ee1bfa95506a7ba0add41ae6982ec8e439c97ff625b0c533f4a0.jpg

AP

Les Leopold: The captains of high finance are demanding that we reduce public debt, which we ran up to bail them out and deal with the mass unemployment they caused. That takes a lot of nerve. First they crash the system and run away with a fat pocket of cash. Then they demand that we clean up our financial act or they won't loan out any money. Next time an oil-blackened snowy egret gets you furious at BP, remember to save some righteous indignation for the financial polluters who are picking our pockets. Click here to read more.


Sen. Dick Lugar: Keeping America Connected: End the Static at the Broadcasting Board

Our ability to respond to fast-moving changes in the global technological and demographic environment is hampered by chronic functional problems with the organization in charge, the Broadcasting Board of Governors (BBG).

Cenk Uygur: Lincoln Amendment or Bust

If the Lincoln derivatives amendment passes at least we and the economy have a fighting chance. Without it, the financial reform bill is a joke meant to placate us until the next collapse.

Mayhill Fowler: Seduction and Betrayal: McChrystal and the Misapprehension of Journalism

Journalism is an act of seduction. Many times I've done the seducing, in writing big stories and small; I've also been the seduced, slammed with the gut-wrenching morning-after upon reading stories written about me.

Rev. Patrick S. Cheng, Ph.D.: The Spiritual Significance of Pride

Sin -- defined as turning our backs on who God has created us to be -- can also take the opposite form of inordinate self-hate or shame, something that many LGBT people experience from a very early age.

Dr. Pamela Peeke: Swat Team to Aisle Three Please

Some public health advocates have singled out sugar as the primary cause of obesity and pointed an accusatory finger at sugar-sweetened beverages as the chief culprit for everyone being so fat. But is this singular focus misguided?

 
 

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Friday, June 25, 2010


Michael Jackson's mom visits Gary, Ind.
Fans surrounded Michael Jackson's childhood home early Friday. A memorial is scheduled for later in the afternoon.

Funeral held for Chicago area soldier
The funeral for Army Private First Class Gunnar Hotchkin was set for Friday morning in Hinsdale.

Developer sentenced in re-zoning scheme
Real estate developer Calvin Boender was sentenced to 46 months in prison on Friday morning.

Report: Pastor to testify in Peterson trial
A Will County judge decided to allow testimony from Stacy Peterson's pastor at the upcoming trial of Drew Peterson, according to published reports.

Crosstown Classic picks up at Sox park
Sunny skies should greet baseball fans for the opener of the second Crosstown Classic between the Cubs and the Sox Friday afternoon on the South Side

Giant eyeball installed at Pritzker Park
Keep your eye out for a new outdoor art installation.

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Politics, Political News - POLITICO.com

Politics, Political News - POLITICO.com

Lawmakers reached a final deal on a Wall Street reform bill early Friday morning after Sen. Blanche Lincoln (D-Ark.) agreed to a compromise with House Democrats on her derivatives regulation bill – clearing the way for the broadest rewrite of the nation’s financial regulations since the Great Depression. The legislation would create a powerful new consumer financial protection bureau, limit the fees debit-card companies can charge merchants, give the government the power to break up failing financial firms and force transparency of the massive derivatives market.