Debbie Wasserman Schultz Resigns As Democratic Party Chair
After mounting pressure from party officials, Democratic National Committee chair Debbie Wasserman Schultz announced her resignation on Sunday, sending the party into turmoil ahead of its convention this week.
In a statement, the Florida congresswoman said that she will step down immediately after the convention. "I know that electing Hillary Clinton as our next president is critical for America's future. I look forward to serving as a surrogate for her campaign in Florida and across the country to ensure her victory," she said. "Going forward, the best way for me to accomplish those goals is to step down as Party Chair at the end of this convention." ... Read more
How Putin Weaponized Wikileaks to Influence the Election of an American President
Evidence suggests that a Russian intelligence group was the source of the most recent Wikileaks intel dump, which was aimed to influence the U.S. election.
Close your eyes and imagine that a hacking group backed by Russian President Vladimir Putin broke into the email system of a major U.S. political party. The group stole thousands of sensitive messages and then published them through an obliging third party in a way that was strategically timed to influence the United States presidential election. Now open your eyes, because that's what just happened.
On Friday, Wikileaks published 20,000 emails stolen from the Democratic National Committee. They reveal, among other things, thuggish infighting, a push by a top DNC official to use Bernie Sanders' religious convictions against him in the South, and attempts to strong-arm media outlets. In other words, they reveal the Washington campaign monster for what it is. ... Read more
Here's How Clinton and Trump Stack Up on National Security, Russia, ISIS and More
Former U.S. Secretary of State Hillary Clinton was a leading architect of the Obama administration's strategic rebalance to Asia as well as the so-called "reset" in U.S. relations with Russia. Donald Trump is a prominent businessman and real estate mogul who has raised U.S. strength and competitiveness as chief issues and generated controversy over his views on immigration reform. Here's where they both stand on national defense, China, Iran, ISIS, North Korea, Russia, immigration and Cuba. ... Read more
Trump Surges In Latest CNN Poll, Takes 3 Point Lead Over Hillary
Accelerating the post-Trump speech/RNC convention "bounce" we noted over the weekend, CNN today reports that Trump has taken a dramatic 48% - 45% head-to-head lead over Hillary in the latest CNN/ORC Poll, conducted July 22-24. This represents a substantial 6% surge in support for Trump since the last poll conducted on July 16, and opens up Trump's largest lead over Clinton since September 2015. ... Read more
Your Tim Kaine VP Primer: 7 Things You Should Know About Hillary Clinton's Running Mate
Presumptive Democratic nominee Hillary Clinton on Friday announced Tim Kaine as her vice presidential running mate. Kaine is a more traditional (read: less progressive) politician than some of the other top picks, but also significantly less controversial. Here are some things you need to know about him:
Noam Chomsky: America Is on the Decline - Guess Who's to Blame?
"The United States is a victim of self-inflicted wounds which are significantly harming the economy and society in many ways," Chomsky recently stated, though he also admitted that, "even with the neoliberal policies, since President Reagan and comparable to Europe, The US remains, in realistic terms, the richest country in the world and has enormous advantages Still a position of overwhelming power, but "not as what it was, in particular, with regard to Latin America." ...
... "Anyone who's not living under a rock knows that we're facing potential environmental catastrophe and not in the distant future. All over the world, it's the indigenous communities trying to hold us back: first nations in Canada, indigenous people in Bolivia, aboriginies in Australia, tribal people in India. It's phenomenal all over the world that those who we call 'primitive are trying to save those of us who we call 'enlightened' from total disaster," said Chomsky. ...
DemocracyNow - http://www.democracynow.orgDemocracy Now! U.S. and World News Headlines for Monday, July 25 [11:31]
John Oliver - LastWeekTonight*John Oliver | Republican National Convention (07/24/16) [11:31]
Samantha Bee - Full FrontalSamantha Bee | RNCinCLE Check-in Day 4 (07/21/16) [1:29]
Samantha Bee | Nice to Meet You, America (07/21/16) [8:11]
TRNN News - http://therealnews.com/TRNN | Vijay Prashad discusses whether Turkey's failed coup was a false flag operation, a badly botched but real attempt providing Erdogan an opportunity to purge the Turkish state of its secular components (07/25/16) [12:03]
TRNN | People for Bernie Call For Civil Disobedience at the DNC (07/23/16) [14:46]
TRNN | DNC - Protest Rally Day 1 (07/24/16) [2:45:54]
TRNN | A new promo video from Paul Jay and the TRNN team (07/23/16) [7:20]
TYT News - http://www.tytnetwork.com/TYT | Wikileaks Proves DNC Conspired Against Bernie Sanders! (07/23/16) [5:02]
TYT | Debbie Wasserman Schultz Resigns, Sanders Fans React (07/24/16) [1:58]
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Thom Hartmann - www.thomhartmann.com/
Diane Rehm - http://thedianerehmshow.org*DR | What's Ahead At The Democratic National Convention (07/25/16) [1hr]
The Democratic National Convention kicks off today in Philadelphia after a weekend of headlines -- some welcomed by the party, some not so much. On Saturday Hillary Clinton celebrated her chosen running mate, Senator Tim Kaine, in front of TV cameras in Florida. But the mood turned darker just a day later when Democratic National Committee Chair Debbie Wasserman Schultz resigned after the release of nearly 20,000 leaked party emails. Some of them indicated favoritism toward Clinton as she battled Bernie Sanders for the party nomination. We talk about the email controversy, the vice presidential candidate and what to expect at the convention this week.
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National Debt - TILLIONS
*Demonocracyinfo | US Debt in Physical $100 bills [2:10]
United States owes a lot of money, with its debt equal to the size of the economy as of 2012. See the Statue of Liberty & WTC being dwarfed by the debt.
Five Banks Account For 96% Of The $250 Trillion In Outstanding US Derivative Exposure; Is Morgan Stanley Sitting On An FX Derivative Time Bomb?
Zero Hedge | Author | 09/24/11
The latest quarterly report from the Office Of the Currency Comptroller is out and as usual it presents in a crisp, clear and very much glaring format the fact that the top 4 banks in the US now account for a massively disproportionate amount of the derivative risk in the financial system. Specifically, of the $250 trillion in gross notional amount of derivative contracts outstanding (consisting of Interest Rate, FX, Equity Contracts, Commodity and CDS) among the Top 25 commercial banks (a number that swells to $333 trillion when looking at the Top 25 Bank Holding Companies), a mere 5 banks (and really 4) account for 95.9% of all derivative exposure (HSBC replaced Wells as the Top 5th bank, which at $3.9 trillion in derivative exposure is a distant place from #4 Goldman with $47.7 trillion). The top 4 banks: JPM with $78.1 trillion in exposure, Citi with $56 trillion, Bank of America with $53 trillion and Goldman with $48 trillion, account for 94.4% of total exposure. As historically has been the case, the bulk of consolidated exposure is in Interest Rate swaps ($204.6 trillion), followed by FX ($26.5TR), CDS ($15.2 trillion), and Equity and Commodity with $1.6 and $1.4 trillion, respectively. Read more