Occupy Wall Street (OWS) protestors dodged Mayor Bloomberg’s left hook on the ground last Friday, cleaning Liberty Square before the city could use it as an excuse to break up the demonstration, but the leaderless revolt continues to struggle with the 1%’s powerful gatling gun: The corporate-owned media that still influences the opinion of a majority of Americans. Can they show equal brilliance in their air game, as well as their ground game?
Who is Brooksley E. Born?
Ask almost anyone and you’ll invariably get a shrug. Elizabeth Warren may be a bit better known, but if the Republicans have their way, she will likely also be erased forever from the American consciousness.
From August 26, 1996 until June 1, 1999, Brooksley E. Born chaired the Commodity Futures Trading Commission (CFTC), the federal agency charged with oversight of the futures and commodity options markets.
Unfortunately, like Warren today, Born took her role seriously and lobbied Congress and President Clinton for regulation of highly complex financial instruments known as “derivatives,” whose value derives from combinations of other, more basic, underlying assets. Read the rest of this entry »
UPDATED 5/25/11: Ancient tribes blamed angry deities for their troubles. Drought? The goddess of rain is angry. Four dollar gasoline? There is always that push to blame the Arab oil producers, but, right now, production is peak and supply is good. So why, in a supply and demand marketplace, are you paying $4.00/gallon for gas? Don’t pray to St. Clampett, patron saint of oil production, but lay the blame at the feet of the same people who are socially re-engineering the United States in their image: The Koch Brothers.
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Brian Ross
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