HomeBernie Sanders7/27 News Roundup – Wab Kinew: “Healthcare Is An Act Of Love”, Sanders & Wyden’s Senate Floor Trumpcare Q&A & More
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Something has changed in the past decade, however, and federal prosecutions of white-collar crime are now at a twenty-year low. As Jesse Eisinger, a reporter for ProPublica, explains in a new book, “The Chickenshit Club: Why the Justice Department Fails to Prosecute Executives” (Simon & Schuster), a financial crisis has traditionally been followed by a legal crackdown, because a market contraction reveals all the wishful accounting and outright fraud that were hidden when the going was good. In Warren Buffett’s memorable formulation, “You only find out who is swimming naked when the tide goes out.” After the mortgage crisis, people in Washington and on Wall Street expected prosecutions. Eisinger reels off a list of potential candidates for criminal charges: Countrywide, Washington Mutual, Lehman Brothers, Citigroup, A.I.G., Bank of America, Merrill Lynch, Morgan Stanley. Although fines were paid, and the Financial Crisis Inquiry Commission referred dozens of cases to prosecutors, there were no indictments, no trials, no jail time. As Eisinger writes, “Passing on one investigation is understandable; passing on every single one starts to speak to something else.”.

Perhaps, as Eric Holder has argued, there is simply more at stake when the defendant is a major bank. But what about the collateral consequences of showing less mercy when prosecuting low-income individuals? When you charge someone with a felony and send him to prison, the repercussions radiate outward, through his family and his community. Nearly three million American children have a parent in prison. According to the Rutgers criminologist Todd Clear, low-income neighborhoods in which a large proportion of the population cycles in and out of confinement experience greater familial dysfunction, warped labor markets, and a general lack of “mental and physical health.” Entire communities bear the brunt of our zealous approach to less rarefied varieties of crime. Prosecutors and judges seldom regard those collateral costs as a rationale for leniency..

The failure to prosecute white-collar executives might be more justifiable if there were any indication that fines and deferred-prosecution agreements deterred corporate wrongdoing. The evidence, however, is not promising. Pfizer has been hit with three successive deferred-prosecution agreements, for illegal marketing, bribing doctors, and other crimes. On each occasion, the company paid a substantial fine and pledged to change—then returned to the same type of behavior. You might think that the price for flouting a deferred-prosecution agreement would be prosecution. But after offering Pfizer a second chance, only to have misconduct continue, the government was apparently happy to offer a third.


There is no excuse for not prosecuting and sending to jail.


Never one to mince words:

What I have called for is for the political left to stop being so damn resistant toward collaborating across ideological lines on specific goals that they have in common with us. That doesn’t mean we’re “allies”, that doesn’t mean we’re “aligned” with them, it doesn’t mean we compromise on any issues whatsoever, and it sure as fuck doesn’t mean joining the Republican party; it simply means that where our interests converge, we help each other out, whether that’s working toward military non-interventionism, ending the drug war, government transparency, electoral integrity, money out of politics or whatever. For me my focus is on winning the media war against the establishment propaganda machine, so I wrote about that.

Her side of the story (and of course more colorful language 😉 at the link.


I’m glad that she wrote that.

I’m sad that Counterpunch and Progressive Army has effectively muted her voice and cut her down.

And there’s also a kind of underlying You Will Comply! message that has been sent. If you stray off the ‘correct’ path, even if it was just to check out an unusual plant or something, you WILL be punished.

Ultimately, who benefits from this division certain factions have purposely created?

Ultimately, will this help POC? Will this help progressives win elections so they can do good things for their communities?

Will this ‘matter’ be used to marginalize progressives who don’t toe the line, who don’t join in the whipping of those labeled unacceptable to read or cite?

It’s all made me very sad and angry. I hope I’m wrong, but I think this has resulted in a huge setback for the left.

I know one group who is gleefully rubbing their hands together. And it isn’t progressives.

Last night I watched Tim Black. It was cathartic and even cleansing. I’m still sad and angry, but Tim helped me with his righteous anger.


Jamarl Thomas adds his 2 cents.

Every time I listen to him I am more impressed. Check him out.


That last couple of minutes are spot on!


cool player. i hadn’t heard him. like him. caring and thinking guy.

“Hold your shape.” I really like that. Sounds like he’s saying something like “Be present in your body, mind and soul. Be present.”


Thanks, mags. Used in a comment on Caitlin’s page.


Thank you for these, mags! I will listen as I pack to go camping by the Umpqua River with a friend. woo hoo :O) I’m with her–hahaha!


wow. tell it, Tim!


I think he was a wee bit irritated. Quite the rant.


Wee irritated is not what I would call it. But I was willing to watch it. Where I agree with Tim is that Caitlin overall is better than Joy or Tanden. Perhaps I’m a bit still stung by Cernovich comment. Let’s put it this way: I wouldn’t work with him in attempts to move the progressive line because I think he has no interest in moving the progressive line.


The piling on continues. Now Caitlin is an “overt” “white nationalist”. Will this shitstorm ever end???! 🙁


I guess that is what happens when the truth hits the sunlight. The RATS will react!


At this point it’s become quite the strange spectacle. I just read someone with a rose in their handle call her a “near-Nazi”. WTF is going on.


honestly, i’m shocked. a real hell-raiser for our side, someone really pushing us all to join, which we must, to beat back the corpses merged with governments–a fire lighter with a funny, raunchy humor, and they all beat up on her.

probably a lot of them weren’t behind Bernie in the first place or they’re jealous that a newcomer has captured such a large audience so quickly, just telling the truth.

sure, she’s too much for some, and there are some I wouldn’t put on my FB page in case some kid read it or sensitive soul, but she’s pulling stuff out to be looked at and i love her for it.


Money/BS talks (@roseinhandle). Johnstone takes this media on, she better have cajones made out of titanium. We have her back, but we are the little people.


She has a valid point. their are several issues that R & D agree on in principle and could get done with a little compromise on a stand alone bill. Both sides would have a little something to take back to their district and talk about. Today either side has forgotten “the needs of the many outweigh the needs of the few or the one” 🙂


You trekkie, you! 🙂


And now for Something Completely Different:

Google Has Started Adding Imagination to Its DeepMind AI

Researchers have started developing artificial intelligence with imagination – AI that can reason through decisions and make plans for the future, without being bound by human instructions.

Another way to put it would be imagining the consequences of actions before taking them

The team noted a number of improvements in the new bots: they could handle gaps in their knowledge better, they were better at picking out useful information for their simulations, and they could learn different strategies to make plans with.

It’s not just advance planning – it’s advance planning with extra creativity, so potential future actions can be combined together or mixed up in different ways in order to identify the most promising routes forward.

As the writer put it,

Insert your usual fears of a robot uprising here.


And another Google-related item (that makes me want to switch to a different search engine!):

New Google algorithm restricts access to left-wing, progressive web sites

In the three months since Internet monopoly Google announced plans to keep users from accessing “fake news,” the global traffic rankings of a broad range of left-wing, progressive, anti-war and democratic rights organizations have fallen significantly.

On April 25, 2017, Google announced that it had implemented changes to its search service to make it harder for users to access what it called “low-quality” information such as “conspiracy theories” and “fake news.”

The company said in a blog post that the central purpose of the change to its search algorithm was to give the search giant greater control in identifying content deemed objectionable by its guidelines. It declared that it had “improved our evaluation methods and made algorithmic updates” in order “to surface more authoritative content.”

Google does not explain precisely what it means by the term “conspiracy theory.” Using the broad and amorphous category of fake news, the aim of the change to Google’s search system is to restrict access to alternative web sites, whose coverage and interpretation of events conflict with those of such establishment media outlets as the New York Times and the Washington Post.

By flagging content in such a way that it does not appear in the first one or two pages of a search result, Google is able to effectively block users’ access to it. Given the fact that vast amounts of web traffic are influenced by search results, Google is able to effectively conceal or bury content to which it objects through the manipulation of search rankings.


I too use Google exclusively but I am open to suggestions for alternatives.


I’m hooked up/bookmarked to McClatchy and Vox. Use Firefox on a Mac. I have no problem going to whatever I ask for. I’m not a tech geek as the regulars on here know.


Me too!


Me 3 hehe But I really don’t need anyone censoring news for me, Its my choice to decide if the news is valid or not not some global conglomerate


I sure do enjoy the infighting. Grab the popcorn.


White House communications director Anthony Scaramucci unloaded on chief of staff Reince Priebus, accusing him of leaking details of a private dinner with President Trump and claiming he will be asked to resign.

“Reince is a f—— paranoid schizophrenic, a paranoiac,” Scaramucci told New Yorker writer Ryan Lizza in a Wednesday phone call.

“They’ll all be fired by me,” he said of the White House communications staff. “I fired one guy the other day. I have three to four people I’ll fire tomorrow. I’ll get to the person who leaked that to you. Reince Priebus — if you want to leak something — he’ll be asked to resign very shortly.

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