The Battle for the Soul of the GOP

Robert Reich, Robert Reich s Blog: 'The real battle for the soul of the GOP started with Tuesday s speech on Wall Street by Speaker of the House John Boehner. Wall Street and big business fear Tea Partiers won t allow House Republicans to raise the debt ceiling without major spending cuts - and without tax increases on the wealthy. Wall Street and big business know this would be unacceptable to the White House and congressional Democrats.'

http://www.truthout.org/battle-soul-gop/1305121241



Boehner s Unreality Check

Ruth Marcus: 'The news out of House Speaker John Boehner s speech to the New York Economic Club was his demand for 'cuts of trillions, not just billions' before the debt ceiling can be raised. Not just broad deficit-reduction targets, the Ohio Republican insisted, but 'actual cuts and program reforms.' That s alarming enough. It is all but impossible to get this done in the available time. It certainly can t be accomplished on Boehner s unbending, no-new-taxes terms.'

http://www.truthout.org/boehners-unreality-check/1305126211



Koch Brother Buys the Right to Interfere in Faculty Hiring at Florida State University

Kris Hundley, The St. Petersburg Times: 'A conservative billionaire who opposes government meddling in business has bought a rare commodity: the right to interfere in faculty hiring at a publicly funded university. A foundation bankrolled by Libertarian businessman Charles G. Koch has pledged $1.5 million for positions in Florida State University s economics department. In return, his representatives get to screen and sign off on any hires for a new program promoting 'political economy and free enterprise.'

http://www.truthout.org/koch-brother-buys-right-interfere-faculty-hiring-florida-state-university/1305128548



Billionaire Investor Found Guilty of Fraud and Conspiracy

Peter Lattman, The New York Times News Service: 'Raj Rajaratnam, the billionaire investor who once ran one of the world s largest hedge funds, was found guilty of fraud and conspiracy on Wednesday by a federal jury in Manhattan. He is the most prominent figure convicted in the government s crackdown on insider trading on Wall Street. Mr. Rajaratnam, who was convicted on all 14 counts, could face as much as 19 and a half years in prison under federal sentencing guidelines, prosecutors said on Wednesday. He will be sentenced on July 29.'

http://www.truthout.org/galleons-rajaratnam-found-guilty/1305128918



The Tenfold Path to Guts, Solidarity and the Defeat of the Corporate Elite

Bruce E. Levine, Truthout: 'Many Americans know that the United States is not a democracy but a 'corporatocracy,' in which we are ruled by a partnership of giant corporations, the extremely wealthy elite and corporate-collaborator government officials. However, the truth of such tyranny is not enough to set most of us free to take action. Too many of us have become pacified by corporatocracy-created institutions and culture.'

http://www.truthout.org/tenfold-path-guts-solidarity-and-defeat-corporate-elite/1305062921



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