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Pt. 2 of Yves Smith on $13B JPMorgan Settlement: Deal Fails to Ease Pain of Foreclosed Homeowners

In part two of our interview with financial analyst and writer Yves Smith, we look at who wins and losses with the JPMorgan Chase settlement. While the New York Post accused the Obama administration of “robbing” JPMorgan, Smith breaks down how much the nation’s largest bank will actually have to pay. Click to watch Part…

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On the Border and in Cities, Skin Color Still Matters

The verbal commands from the U.S. Customs and Border Protection agent on that day last year just grew louder and louder in Brownsville, Texas. Laura Mireles, a U.S. citizen, only wanted to watch the agent search her purse, which was sitting in her car. He stopped her to inquire why she had bypassed X-ray machines…

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The Real Social Security Retirement Age is Already 70

A Quick Hits piece, and a nice catch from Alicia H. Munnell at MarketWatch. The actual, real, functional retirement age for Social Security is … 70 years old. The logic is impeccable. Your bottom line — The full Social Security benefit is pegged to a “retirement age” that’s many years after most people retire. Your other bottom line…

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To Wrench or Not to Wrench: A Brief History of Direct Action in the Environmental Movement and its Potential Consequences, Ethical Implications, and Effectiveness

It could be said that every major social movement can be divided into two main groups: above-ground advocacy, awareness, and reform activities; and below-ground, direct-action activities. The environmental movement is no exception, and its long history in the United States is rife with acts of sabotage, vandalism, arson, and various other extra-legal activities. Among environmental…

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Time to Resist the Republicans’ War on Government

Democrats in the White House are confronted with a dilemma. On the one hand, the clock’s ticking on their temporary budget deal with the Republicans. If it runs out and there’s no new agreement, we run the risk of a default and the government could shut down again. But the need to negotiate places them…

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Monsanto’s Very Bad Week: Three Big Blows for GMO Food

Truthout depends on you to continue producing grassroots journalism and disseminating conscientious visions for a brighter future. Contribute now by clicking here! It hasn’t been a good week for Monsanto and the rest of the biotech industry. Just three days ago, Mexico banned genetically engineered corn. Citing the risk of imminent harm to the environment, a Mexican…

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Can Fracking Showdown on Native Land Help Break Canada’s Cycle of Colonialism?

Truthout doesn’t take corporate funding – that’s how we’re able to confront the forces of greed and regression, with no strings attached. Instead, we need your support: make a donation today by clicking here. In the mid-1990s I moved to Mi’gma’gi to go to graduate school. I was expecting to learn about juvenile Atlantic salmon…

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Always and Everywhere: The New York Times and the Enduring “Threat” of Isolationism

The abiding defect of U.S. foreign policy? It’s isolationism, my friend. Purporting to steer clear of war, isolationism fosters it. Isolationism impedes the spread of democracy. It inhibits trade and therefore prosperity. It allows evildoers to get away with murder. Isolationists prevent the United States from accomplishing its providentially assigned global mission. Wean the American…

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