Interesting to see how the Congress is trying to figure out ways to let the state’s default on their debts, http://www.nytimes.com/2011/01/21/business/economy/21bankruptcy.html?pagewanted=1&hp rather than bail them out, while they did not let the big banks default. That seems backward to me. And, sad to see that the regulations being put out to get the financial reform operating will allow the too big to fail banks become even bigger, in part based on shady accounting as to how big they already are. See http://www.huffingtonpost.com/2011/01/18/trilliondollar-banks-could-get-bigger_n_810747.html.
Did you see that the banker who provided documents to WikiLeaks has been arrested: http://www.examiner.com/business-headlines-in-los-angeles/us-and-state-judges-likely-among-swiss-bank-accounts-holders?
I see the WikiLeaks release of documents on U.S. foreign policy as one of the best things happening today… So far, no one has been hurt by the releases because identifying information has been deleted, but the documents show that we are being lied to about U.S. foreign policy and that the U.S. is behaving more like a rogue state — lying, bullying, allowing torture, killing civilians wantonly, supporting coups, working with dictators, spying on diplomats, turning our diplomats into spies etc. — than like a responsible super power.
It is about time all of this was confirmed by government documents as information is the critical first step to positive change. By the way, these were low-level security documents, more than 3 million people had access to them before they were leaked. Frankly, I’d like to see much higher level secret documents so we really know what is going on, what is behind U.S. foreign policy. I suspect we would see a lot of concentrated corporate influence and the military and diplomats doing the bidding of big business for cheap resources and cheap labor.
