"It is the death of humanity to know the price of everything but the value of nothing." ~Unknown

Friday, May 20, 2011

Officer Friendly? There are countless artical & news cast of Police Misconduct/Burtality.

Cop beats elderly man after he reports a car accident — RT

Cop beats elderly man after he reports a car accident

Published: 19 May, 2011, 20:48

A police officer (AFP Photo / Getty Images)

A police officer (AFP Photo / Getty Images)

TAGS: Crime, Human rights, Law, USA

An Alabama police officer beat an 84-year-old man after he called 911 to report a car accident outside of him home that involved an intoxicated driver.

Dorsey Henderson called 911 to report the accident after he noticed that the driver was severely drunk. Henderson told the driver that he was under citizen’s arrest and told him to remain near the vehicle until the police arrived.

Minutes later Fairhope Police Officer Trent Scott arrived. Henderson explained the driver appeared to be very intoxicated and had been acting belligerent, and that he placed him under a citizen’s arrest. The officer however scolded Henderson and told him there is "no such thing as citizen's arrest in Alabama," and to "get out of the way, old man," according to the Courthouse News Service.

The man said he was merely trying to help. But, the officer did not care. He responded to Henderson’s aid by grabbing him and throwing him to the ground breaking both his nose and glasses, all while Henderson’s wife watched helplessly from her wheelchair inside the home.

His wife, on the phone with 911, told the dispatcher that the cop was "beating the hell out of my husband."

Following the beating the officer cuffed Henderson and put him in the back seat of his patrol car. He was never placed under arrest.

When an ambulance arrived the officer sent it away, telling the medics that the “old man” had no need for medical assistance.

Sometime later a superior officer arrived at the scene and ordered the ambulance to return. After Henderson was taken to the hospital he was found to have a broken nose, multiple contusions and a torn rotator cuff.

The police officer remains on duty without reprimand from the department.

Monday, May 16, 2011

What Is The Glass-Steagall Act & Why Do The GOP Hate It?

Glass-Steagall Act » New Deal 2.0  <----- Thank You, You are AWESOME!!!!

Glass-Steagall Act

Monday, 05/4/2009 - 3:30 pm by Jason Selfe 
[Note: updated on 2.16.2011]
What is the Glass-Steagall Act of 1933?
The Glass-Steagall Act was introduced during the Great Depression by former Treasury Secretary Sen. Carter Glass (D-VA) and Chairman of the House Banking and Currency Committee Rep. Henry B. Steagall (D-AL). As one of the first acts of FDR’s New Deal, the legislation segregated commercial banks from securities markets, established the Federal Deposit Insurance Corporation (FDIC) and enhanced the regulatory powers of the Federal Reserve over banks.
What’s the significance?
The stock market collapsed in 1929; customers rushed to withdraw their funds, and by 1933, roughly 9,000 banks in the United States had failed. The Glass-Steagall Act and the FDIC it created were attempts to restore public trust in the deposit system and stem the rush to withdraw. The act also recognized inherent risks in securities markets, making it impossible for banks to serve simultaneously as brokerages.
The act’s repeal in 1999 paved the way for bank investments in, among other things, mortgage-backed securities and collateralized debt obligations—the tipping points of the current meltdown. This has led some commentators, including James K. Galbraith, to argue that the repeal of Glass-Steagall helped fuel the financial crisis.
Who’s talking about it?
Marshall Auerback warns that FinReg simply keeps the post-Glass-Steagall status quo…Robert Reich thinks FinReg falls short for not reinstating Glass-Steagall…Bill Moyers and Michael Winship of Progressive Democrats of America question the honesty of Lawrence Summers as chief economic advisor and gatekeeper to President Obama, given his past connection to Wall Street’s fight against Glass-Steagall … Blogger William Kaufman looks at the bipartisan origins of Glass-Steagall’s repeal and its connection to the current financial crisis… Sen. Wayne Allard (R-CO), former ranking member on the senate Securities, Insurance, and Investment Subcommittee, still supports the repeal of Glass-Steagall, arguing that it was necessary for the United States to remain competitive in a global market…and Kevin Drum of Mother Jones wonders whether the failure of other financial institutions shows the Glass-Steagall repeal isn’t really to blame…Bill Black notes that Peter Wallison’s dissent on the FCIC’s findings noted only the repeal of Glass-Steagall as a regulation that was loosened, but there are so many more…Lyndon La Rouche thinks anyone who opposes reinstated the Act immediately is “criminally insane”.

The Spill: A Frontline Documentry about The BP Oil Spill

Killing financing for Public Television (PBS) would be a major victory for The Corrupt GOP & their Corporate Overlords....just sayin.

Watch the full episode. See more FRONTLINE.

The Movement: A Short Film from Freedom Riders

Why can't we do this again? I fear if Americans don't stand up soon 'America' will be no more. Just my opinion