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The following is a press release from Senator Bernie Sanders (I-VT).

Sen. Bernie Sanders (I-Vt.) said today that a growing bipartisan coalition supports his amendment to the financial reform bill to make the Federal Reserve divulge the names of financial institutions that took trillions of dollars in secret loans.

The measure that brought together Sanders and a growing list of Democratic and Republican senators is similar to legislation by Rep. Ron Paul (R-Texas) that already was passed overwhelmingly by the House of Representatives. 

Sanders’ Senate amendment has been endorsed by a wide spectrum of public interest organizations. Backers include Americans for Financial Reform, a coalition of more than 250 consumer, employee, investor, community and civil rights groups including the AFL-CIO and AARP. Other supporters include Americans for Tax Reform; the Campaign for Liberty; the Citizens Against Government Waste; the Rutherford Institute; the Eagle Forum and others.

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BUZZFLASH NEWS ALERT

The following is a press release from Coalition to Stop Gun Violence.

Yesterday, U.S. Senators John McCain (R-AZ) and Jon Tester (D-MT) introduced a bill that would repeal public safety laws enacted by the District of Columbia in the wake of the Supreme Court’s decision in the 2008 case of D.C. v. Heller.  The “Second Amendment Enforcement Act,” drafted by the National Rifle Association (NRA), would legalize assault weapons and high-capacity ammunition magazines; repeal the District's licensing and registration system; allow some convicted substance abusers and violent misdemeanants to purchase and own firearms; roll back important regulations curbing illegal gun trafficking; and prevent the D.C. Council from enacting gun-related legislation in the future.

In a statement yesterday, the NRA claimed that the “D.C. Council continues to circumvent the Supreme Court’s historic 2008 decision in District of Columbia v. Heller.”  Furthermore, they state that the “Second Amendment Enforcement Act” would “repeal D.C.’s ban on many common semi-automatic firearms” and “restore the right of self-defense in the home.”  These statements are deliberate misrepresentations of the District’s current gun laws.

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BUZZFLASH NEWS ALERT

The following is a press release from PBS.

After years of insightful, award-winning television journalism, Bill Moyers' final edition of his weekly PBS "Journal" will air this Friday evening, April 30. For his concluding show, Moyers features a discussion about "America's real populism" with longtime populist agitator, Jim Hightower.

Hightower, a Texas-based author, radio commentator, nationally syndicated columnist, and former statewide elected official has spent the past 40 years carrying the banner of progressive populism across the country,battling the corporate powers that are running roughshod over working families, consumers, small business, and our environment.

In Friday's "Journal," Moyers draws on Hightower's experiences and well-honed wit to draw the line between the real thing and what Hightowercalls "the faux populist posturings" of Sarah Palin, Glenn Beck, and othercorporate-funded mouthpieces for America's economic elites. In the hour-long broadcast, Moyers and Hightower highlight some of the current efforts that folks around the country are making to break the iron grip that big corporations have on our economy, environment, media, and government. One of the featured groups is Iowa Citizens for Community Improvement, a feisty and successful grassroots organization working to empower and unite people from all walks of life to take control of their communities.

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BUZZFLASH NEWS ALERT 

BuzzFlash has for ten years, and in recently ramped up commentary, warned of the violent right that is emerging in full force as a seditious domestic terrorist force. Most recently we posted an editor's blog, "Insurrection on the Potomac: The Gun Guys Go Seditious," which represents the view point that the right wing echo chamber talk of insurrection and talk of violence is to be taken as seriously as Al-Qaeda.

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BUZZFLASH NEWS ALERT

The following is a press release from the Senate Democratic Communications Center.

After meeting behind closed doors with Wall Street executives, Republicans are protecting Wall Street by blocking us from beginning debate on how to hold Wall Street accountable. Senate Democrats want to restore accountability and transparency to Wall Street, and put consumers back in control. The “Restoring American Financial Stability Act” puts in place the strongest consumer financial protections ever and will help put a stop to the reckless behavior that cost Americans over 8 million jobs and trillions of dollars in savings.  But by voting to protect Wall Street, Republicans are leaving hard-working Americans vulnerable by voting against:

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BUZZFLASH NEWS ALERT

The following is a press release from Senator Bernie Sanders (I-VT).

As the Senate considers new rules for the nation’s financial institutions, Sen. Bernie Sanders (I-Vt.) said today that breaking up big banks is critical to meaningful reform.

“One of the major components of any serious Wall Street reform has got to be breaking up the largest financial institutions in the country.  The time has come to do exactly what Teddy Roosevelt did back in the trust-busting days and break up these huge financial institutions,” Sanders said.

Sanders said the giant financial institutions must be dismantled not only to protect taxpayers from future bailouts, but because the concentration of ownership in the financial sector is leading to fewer choices, higher bank fees, and higher credit card interest rates.

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BUZZFLASH NEWS ALERT

Even many progressives who read BuzzFlash think all advertising is benign, but if it were benign companies wouldn't pay billions of dollars to get Americans to buy things that they don't need and drive them into debt. They wouldn't buy ads on the media for controversial corporations if they didn't want editors to think twice about losing a major source of funding due to a muckraking article. It might be the editor's job at stake.  Then there is the image enhancement brand-building advertising corporations do, often through sponsorships, such as the ones on PBS and NPR (which have now sometimes turned into actual newscaster read commercials, at least in Chicago where BuzzFlash is located). 

The following is one example we found in a Politco E-mail alert on April 21 that represents the cross section between D.C. blather (Rahm Emanuel), a magazine "The Week," and another journalist, Margaret Carlson. It's all one cozy group:

RAHM EMANUEL previewed the midterm/reelect message during last night's 7th annual 'Opinion Awards' dinner of The Week magazine, emceed by Margaret Carlson and sponsored by Chevron: 'I'm a veteran of many legislative fights, and I'm certainly a fighter for the causes I believe in. But if you look beyond Washington, ... what the country really wants is action. ... Voters will ultimately support candidates who are delivering results, reforming the system, bringing change to Washington and getting things done.' (italics BuzzFlash)

Is there a word of honesty in this whole rotten corporate, political, journalistic paragraph? It's just blather, and do you think "This Week" has an expose brewing on what Chevron (Texaco) did to poision people in Ecuador as seen in the remarkable DVD "Crude."

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MARC PERKEL FOR BUZZFLASH

Republicans are going all in on anger this year and betting everything on anger alone. This is very risky because as the economy recovers and things keep getting better the voters might not be as angry in November as they are now. Republicans also have the burden that their anger won't be directed back at them as it has been in the last 2 elections.

Republicans have stood on the sidelines refusing to be part of any solution to our country's problems. If the anger card doesn't work this year it might be the end of the Republican Party. Perhaps Republicans should try to accomplish something positive and become part of the solution before the election day so that don't have to bet the election on an empty hand.

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Thursday, 15 April 2010 06:19

Federal Taxes Drop for Middle Class

BUZZFLASH NEWS ALERT

The following is a press release from Senator Bernie Sanders (I-VT).

On today’s income tax filing deadline, Sen. Bernie Sanders (I-Vt.) said federal taxes are down for most middle-class Vermonters and Americans but much more needs to be done to create a fair and equitable tax system.

“Despite much political rhetoric to the contrary, 99 percent of Vermont working families and individuals received a much-needed average federal tax cut of over $1,100 for 2009,” Sanders said.

As a result of the American Recovery and Reinvestment Act, some 300,000 Vermont households were able to receive a tax cut of up to $400 ($800 for married couples). Further, 14,000 Vermont families were able to receive an expanded tax cut to send their kids to college last year. More than 20,000 Vermont children benefitted from an expansion in the child tax credit. Nearly 60,000 Vermont small businesses received tax cuts to purchase new equipment and other things.

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BUZZFLASH NEWS ALERT
by Jeffrey Joseph

With the willful partisan distortions of FOX Fraudcasting, the network has consistently endured progressive and nonpartisan criticism for the way it approaches the "news." FOX and its personalities have taken those kinds of derisions and mocked them in turn as the slanted work of the "lamestream media." Further emboldened by the successful viewer draw it has amassed, FOX has continued to allow unsubstantiated conspiracy theories and blatant falsehoods to run on the air, sentiments that have grown so outrageous that even stalwart Republicans have grown wary of the caricatures.

Part of the growing conservative concerns about FOX's rhetoric became apparent when David Frum spoke about the network recently. Unsurprisingly, Frum soon afterward found himself fired from the American Heritage Institute for faulting the GOP on healthcare reform and placing at least part of the blame on FOX. Nonetheless, Sen. Tom Coburn (R-OK), a major opponent of healthcare reform, made news for correcting a constituent at a town-hall meeting about the prospect of the government jailing her as part of the passed reform. "The intention is not to put anyone in jail," said Coburn. "That makes for good TV on FOX, but that isn't the intention."

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