Although there were numerous investigations into the supposed causes of the Flash Crash, including by Congress, the Securities and Exchange Commission and the Commodities Futures Trading Commission, none have been very convincing. Those lingering doubts have now been disturbingly confirmed.
While the OCO shenanigans were the most egregious example of irresponsible budgeting in the HASC bill, they were far from the only one. As usual, members added funding for items that the Pentagon didn't even ask for, in order to pay for a wide array of pet projects.
As the resistance continues to escalate, we will no doubt see more threats and misrepresentations. But the movement shows every sign of remaining energized and united, keeping its eyes on the prize: a more rational approach to assessment and accountability that does not turn schools into test prep centers full of fearful teachers and disengaged students.
With payments out in the open, citizens can hold their governments accountable for how they spend payments, and companies can be held accountable for paying what is due. Armed with that information, activists can push for more of that money to be spent back in their communities.
Our current political system has advanced at something close to glacial speed since about 1860 when the Republicans fielded their first presidential candidate (Abraham Lincoln). Since that time, there has been precious little change in how politics has been done.
Spurred on by powerful multinational corporations and aided by their corporate lobbyists, the administration wants Congress to sign a blank check for yet another "free trade" deal, with the same inadequate safeguards as previous failed deals.
Online piracy is an epidemic that knows no boundaries, impacting film, television, music, books, photography, software, video games and all works that can be copied, digitized and distributed over the internet.
Today, the Earth got a little hotter, and a little more crowded. @@ Global Warming in 60 Seconds - a good summary of the main facts, done in 1950s...
Bernie Sanders deserves the Most Impressive Democrat award this week, because he threw his hat in the ring. No, he is not Elizabeth Warren. But, more importantly, he is running to become president, which she is not.
I love the black men in my life. They are my brothers, my nephews, my cousins, my best friends. When they hurt, I hurt. We hurt. And once again, we find ourselves deeply hurting from a socially-constructed wound of perpetual, centuries-long injustices.
With the announcement that GM Chief Executive Officer Mary Barra received the outsized compensation of $16.2 million in 2014, what should have been a year of humiliation and soul-searching for that feckless automaker instead ended on a disturbingly self-satisfied note.
A few years ago, a crazy idea crept into my head over a few glasses of wine with a close friend and mentor. I was logging some tough hours at a New York corporate law firm but wanted to get more involved politically in my home state of New Jersey.
President Obama said that he would sign the bill that was passed unanimously by the SFRC last week. Unfortunately, several Republicans are trying to make use of this bill to derail the negotiations with Iran and kill a final agreement.
The budget conference agreement, if adopted by Congress, will represent one of the most radical budget plans that lawmakers have adopted since they created the modern budget process in 1974. That's no exaggeration. If they follow this plan, lawmakers would eviscerate substantial parts of the federal government.
Under V.H.A. Directive 2011-004, V.A. physicians are explicitly forbidden from being able to offer their medical opinion about whether a veteran patient might benefit from participating in a state medical marijuana program. Veterans who served their country with honor deserve equal access to state medical marijuana programs.
Despite living in an era when Loretta Lynch can be nominated as the nation's chief law enforcement officer, the experiences of black women in the U.S. Senate illuminate how the institution continues to be a space built around white male privilege.