It is my pleasure to interview Scott Horton once again. He is a lawyer and writer at Harpers magazine. He is an adjunct professor at the Columbia School of Law, with an interest in international law and human rights. I talked to him about what he is doing recently and we spent a few minutes talking about Rush Limbaugh and Sandra Fluke. Scott believes that the statements that Rush Limbaugh made may actually be libelous. Horton has written extensively on Don Siegelman’s ordeal. Don Siegelman is the former Democratic governor of Alabama. There are lots of bizarre issues surrounding Don Siegelman. He lost a very close election under questionable circumstances. He was indicted and convicted on some of the most nebulous pay to play charges. Both the judge and the prosecuting attorney general had significant conflicts of interest. Don Siegelman’s story was on 60 Minutes. He is currently petitioning the Supreme Court to take a look at his case.
Take a few minutes and listen to this fabulous interview. Enjoy. (I’d like to personally thank Scott Horton for taking time out of his busy day.)
BRING FULL TRANSPARENCY TO THE CONFERENCE PROCEEDINGS:
Make the conference proceedings fully transparent by broadcasting them on C-SPAN and webcasting them online.
PROTECT FINANCIAL SERVICES INDUSTRY WHISTLEBLOWERS:
Extend best-practices whistleblower protections to financial services industry employees.
AUDIT THE FEDERAL RESERVE:
Give the Government Accountability Office the authority to conduct an ongoing audit of the Federal Reserve, and require the Fed to make key information about its emergency lending programs available online.
CREATE A STRONG AND INDEPENDENT CONSUMER FINANCIAL PROTECTION AGENCY:
Create a truly independent, standalone Consumer Financial Protection Agency with full authority to issue rules and regulations to protect consumers.
REWARD WHISTLEBLOWERS WHO MAKE DISCLOSURES TO THE SEC AND CFTC:
Expand the whistleblower bounty program at the Securities and Exchange Commission and create an identical program at the Commodity Futures Trading Commission. Additionally, replace a secrecy provision and FOIA exemption with authentic whistleblower confidentiality protections.
EXPAND SARBANES-OXLEY WHISTLEBLOWER PROTECTIONS:
Extend Sarbanes-Oxley whistleblower protections to employees of subsidiaries and affiliates of publicly traded companies, and of nationally recognized statistical rating organizations.
ADDRESS CONFLICTS OF INTEREST AT CREDIT RATING AGENCIES: Create a Credit Rating Agency Board to help address the basic conflict of interest arising from “ratings shopping.”
STRENGTHEN THE INDEPENDENCE OF FINANCIAL AGENCY WATCHDOGS:
Strengthen the independence of certain agency appointed Inspectors General (IGs), including the IGs at many financial regulatory agencies.
ADDRESS CONFLICTS OF INTEREST AT FEDERAL RESERVE BANKS: Amend the election process for directors at Federal Reserve Banks in order to limit the influence of the financial services industry.
By ecthompsonmd|2010-06-09T17:02:39-04:00June 9th, 2010|Economy|Comments Off on Nine essential measures for transparency
It appears that the United States warned India back in October that there was going to be an attack on the hotel and business centers in Mumbai.
Contrast the above intelligence “success” to President Bush’s interview with Charlie Gibson last night. Bush admitted that the biggest failure of his presidency was the cataclysmic lack of weapons of mass destruction. Bush had the audacity to place the blame for that travesty at the doorstep of the CIA, when in fact the blame is entirely his. It was his job to look at all the information. It was his job to weigh the pros and cons. He abdicated that responsibility.
The indictments that a Texas grand jury turned in against Vice President Dick Cheney and former Attorney General Alberto Gonzaleshave been dismissed. Who’s surprised?
Blogger Glenn Greenwald, who has been on my radio show on a number of occasions, had another great post yesterday. He commented on an issue of the New York Times in which an article brought attention to a number of conflicts of interest regarding General Barry McCaffrey. General McCaffrey is on the payroll of NBC News. Glenn does an excellent job highlighting the hypocrisy of NBC. Generals who show up on the evening news should really be free of conflicts of interest.
The National Bureau Of Economic Research has now officially stated that December 2007 was the start of this recession. So what has the Bush administration been doing for the last year? With the stock market dropping almost 700 points today, I must say I do not believe Bush administration has done enough.
Barack Obama has announced his national security team. Secretary of Defense Robert Gates will continue in his present position. Eric Holder will be the Attorney General. Former General James Jones ( see the Jones commission report) will be his National Security Adviser. Janet Napolitano, governor of Arizona, will become Secretary of Homeland Security. Susan Rice will be nominated for Ambassador to the United Nations. Finally, Senator Hillary Rodham Clinton will serve as Secretary of State. This team is tremendously qualified. As usual, however, I have some questions. Where is General Wesley Clark? I really thought Senator Chuck Hagel would be appointed to Defense. Is there a spot for him in the administration? (By the way, the “fair and balanced” Fox Newsdidn’t even cover the Obama press conference.)
Almost a quarter of United States employees who use the Internet at work spend a little time during the workday looking at on-line pornography. 🙂 Nice. Nothing else need be said.