Archive for 2014

MY ADVICE: MORE ATTENTION ON GERMS, LESS ON GUNS AND SODA POP. Leader of Troubled Lab Steps Down, C.D.C. Says. “The leader of the federal bioterrorism lab in which careless procedures may have exposed dozens of workers to live anthrax has resigned, the Centers for Disease Control and Prevention announced Wednesday.”

TED CRUZ: Obama Administration Playing Politics With Air Safety. “Was this politics from the White House? Or was this an airline safety decision? And I think the facts strongly suggest it was politics and an effort to strong arm the nation of Israel.”

NYC CUPCAKE TRUCK sends tweet comparing Israel to Hitler. I’m screenshotting this instead of embedding it because I have a feeling it might be deleted.

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CULTURE OF CORRUPTION: Derivatives regulator CFTC’s ‘revolving door’ move to industry group criticized.

An outgoing commissioner of the regulatory agency that oversees derivatives contracts will become the CEO of the International Swaps and Derivatives Association, a trade group for firms that engage in derivatives transactions, according to a statement from the ISDA Wednesday.

The commissioner, Scott O’Malia, had announced his departure from the Commodity Futures Trade Commission two days earlier. O’Malia, who had previously worked as a Senate staffer for Minority Leader Mitch McConnell of Kentucky and Sen. Pete Domenici of New Mexico, was a Republican nominee to the five-member CFTC.

O’Malia’s move to a trade group involved in CFTC matters drew immediate criticism from financial reform advocates. The group Better Markets wrote in a statement that “O’Malia’s spin through the revolving door is a record setter for influence peddling.”

The Obama era has just been one big advertisement for my revolving door surtax.