Obama Secretly Loosened Standards for Drone Killings in Pakistan – Sarah Lazare

While publicly vaunting drone strike reforms allegedly aimed at minimizing civilian deaths, President Barack Obama secretly loosened the standards for covert attacks in Pakistan, likely paving the way for the killing and wounding of an unknown number of non-combatants, the Wall Street Journal revealed Sunday. The news follows last week’s revelation that CIA drone strikes in January killed one U.S. and one Italian hostage in …

Obama’s drone warfare: Assassination made routine – Patrick Martin

Perhaps the most extraordinary aspect of President Obama’s announcement Thursday that two hostages of Al Qaeda, an American and an Italian, were killed in a US drone missile strike in Pakistan is the lack of any significant reaction from official political circles or the media. There was a certain amount of tut-tutting in the press and expressions of sympathy for …

Koch Funding of Universities Shrouded in Secrecy – Kalin Jordan

In a recent column entitled “The Campus Climate Crusade,” The Wall Street Journal’s Kimberly Strassel spent over 800 words arguing the basic conceit of UnKochMyCampus, a campaign uniting students at universities around the country who are working to increase transparency on their campuses and fight attempts by corporate donors like Charles and David Koch from influencing their education. Her core arguments? The left …

The Wolf of Wall Tweet – Seth Stevenson

On the afternoon of Friday, March 27, as several news outlets reported at the time, somebody apparently made $2.4 million from a tweet. That tweet was a bit of breaking news from Wall Street Journal writer Dana Mattioli: Quicker than any human seemingly could have done it, someone—or rather something—bought $110,530 worth of cheap options on Altera, a company that makes digital circuits.* Over the next several …

Stock market rigging is no longer a ‘conspiracy theory’

The stock market is rigged. When I started making that claim years ago — and provided solid evidence — people scoffed. Some called it a conspiracy theory, tinfoil hats and that sort of stuff. Most people just ignored me. But that’s not happening anymore. The dirty secret is out. With stock prices rushing far ahead of economic reality over the …

Living the High Life After Congress

As the latest chapter in the curious saga of Congressman Aaron “Fly Me” Schock recently came to an end, there was an unintentionally, darkly comic moment. It happened just after the Downton Abbey fanboy announced his resignation from the House of Representatives. In an interview, his father, Dr. Richard Schock, told a Chicago TV station, “Ten years from now, whatever he’s doing, he’ll …

Judith Miller’s Blame-Shifting Memoir

U.S. intelligence veterans recall the real story of how New York Times reporter Judith Miller disgraced herself and her profession by helping to mislead Americans into the disastrous war in Iraq. They challenge the slick, self-aggrandizing rewrite of history in her new memoir. MEMORANDUM FOR: Americans Malnourished on the Truth About Iraq FROM: Veteran Intelligence Professionals for Sanity (VIPS) SUBJECT: A New “Miller’s …

Commentary: Britain Joins China’s Asian Infrastructure Investment Bank

Despite concerns voiced by its close ally the United States, Britain, a conventional Atlantic force, will become the first major Western economy to join a China proposed financing mechanism, which will explore investment opportunities in, mainly, Asia. Downing Street believes its decision to apply to be a founding member of the China-backed Asian Infrastructure Investment Bank (AIIB) is “in the U.K.’s …

Who Spies for Israel in Washington’s Nuclear Negotiations?

The Wall Street Journal (WSJ) (3/25/15) headlined: ‘Israel Spied on Iran Nuclear Talks with the US”.  The article goes on to detail the way in which Israeli Prime Minister Benjamin Netanyahu used the confidential information to sabotage the talks, including ‘playing them back to US legislators to undermine US diplomacy’. The WSJ report of this incident tries to play down the serious implications of Israel’s …

Central Banks Warn: Investors May Get Crushed When They All Run for the Exits

Companies are selling bonds like madmen. This year through Tuesday, investment-grade and junk-rated companies have sold $438 billion in new bonds, up 14% from the prior record for this time of the year, set in 2013, according to Dealogic. This quarter is already in second place, nudging up against the all-time quarterly record of $455 billion of Q2 2014. About $87 …