Thursday, September 5, 2013

A Scandal That's Exposing Ugly Truths About the School Privatization Agenda | Alternet

A Scandal That's Exposing Ugly Truths About the School Privatization Agenda | Alternet:

A Scandal That's Exposing Ugly Truths About the School Privatization Agenda

The recent scandal ousting Florida's top education official shows the privatization movement is about profits.
Paradoxes come in all different forms, but here’s one that perfectly fits this Gilded Age: The most significant lesson from the ongoing debate about American education has little to do with schools and everything to do with money. This lesson comes from a series of recent scandals that expose the financial motives of the leaders of the so-called education “reform” movement — the one that is trying to privatize public schools.
The first set of scandals engulfed Tony Bennett, the former Indiana school superintendent and much-vaunted poster boy for the privatization push. After voters in that state responded to his radical agenda by throwing him out of office, he was quickly hired to lead Florida’s education system. At the same time, his wife not-so-coincidentally landed a gig with the Florida-based Charter Schools USA, a for-profit company that not only has an obvious interest in Bennett privatizing Florida schools, but that also was previously awarded lucrative contracts by Bennett in Indiana.
Grotesque as it is to shroud such self-enriching graft in the veneer of helping children, the self-dealing controversy wasn’t Bennett’s most revealing scandal. That distinction goes to recent news that Bennett changed the grades of privately run charter schools on behalf of his financial backers. Indeed, as the Associated Press reported, “When it appeared an Indianapolis charter school run by a prominent Republican donor might receive a poor grade, Bennett’s education team frantically overhauled his signature ‘A-F’ school grading system to improve the school’s marks.” Yet, the Associated Press also reported that just a year before, Bennett “declined to give two Indianapolis public schools (the) same flexibility.”
In response, the American Federation of Teachers is asking Indiana to release emails between Bennett and the education foundation run by former Gov. Jeb Bush, R-Fla., another prominent face of the “reform” movement. The union is requesting this correspondence because of another scandal, this one publicized by the Washington Post.
Under the headline “E-mails Link Bush Foundation, Corporations and Education Officials,” the newspaper earlier this year reported on correspondence showing the foundation carefully shaping its education “reform” agenda not around policies that would most help children, but around legislation that would most quickly expand the profit margins of its donors in the for-profit education industry.
Before all of these controversies, of course, there were plenty of ways to see that something other than concern for kids has been driving “reformers’” push to privatize public schools.
You could, for example, contrast privatizers’ pro-charter-school propaganda with Stanford University’s study showing that most charter schools perform no better — and often worse — than traditional public schools.
You could juxtapose the Reuters story screaming “Private Firms Eyeing Profits From U.S. Public Schools” next to the New York Times headline blaring “Hedge Funds’ Leaders Rally for Charter Schools.”
You could consider that the most prolific fundraiser in the education “reform” movement is not someone with a stellar record of education policy success, but instead Michelle Rhee, the former Washington, D.C., schools chief whose tenure was defined by a massive cheating scandal.
But maybe the best way to see that profit is the motive of the education “reform” movement is to note that no matter how many kids they harm or how many scandals they create, Bennett, Bush, Rhee and other privatizers continue getting jobs, continue being touted as education “experts” and continue raising huge money for their cause.
Thanks to that dynamic, education politics is spotlighting a fact that should be taught in every civics class. It is a fact that contradicts the pervasive rhetoric about meritocracy, but it is, alas, a fact: If you are backed by enough money, you will almost always retain your status in America — no matter how wrong you are and how many lives you ruin.
COPYRIGHT 2013 CREATORS.COM
David Sirota is a best-selling author of the new book "Back to Our Future: How the 1980s Explain the World We Live In Now." He hosts the morning show on AM760 in Colorado. E-mail him at ds@davidsirota.com, follow him on Twitter @davidsirota or visit his website at www.davidsirota.com.
'via Blog this'

Monday, July 29, 2013

Supreme Court seeks response from Centre, RIL on gas pricing | Business Standard

Supreme Court seeks response from Centre, RIL on gas pricing | Business Standard:
Read more on:    Reliance | Ril | Supreme Court | P Sathasivam | Gas Pricing | Veerappa Moily
Media persons outside Supreme Court
RELATED NEWS
  • On BSE 884.00-1.60 (-0.18%)
  • On NSE 883.75-1.95 (-0.22%)
09:1009:2009:3009:4009:50882884886888890
Panama Canal Expansion
How Will the Panama Canal Project   Affect Your Business? Read More.corp.bankofamerica.com/PanamaCanal
Still Working & Committed
BP is Still Committed to Restoring   the Gulf. Follow the Progress.BP.com
Ads by Google
The  on Monday issued notices to the Centre and Industries () on a public interest litigation (PIL) against the increase in natural gas price, filed by Communist Party of India leader Gurudas Dasgupta and former Union power secretary E A S Sarma.

A bench headed by chief justice  asked the Centre and RIL to respond within four weeks. The next hearing is scheduled on September 6. The central government, petroleum minister M, the petroleum ministry, RIL, Niko Resources and BP are among the respondents in the PIL.

“The bench has asked us why Moily is included in the list. To which, we responded there are charges levelled against him which need to be addressed,” Dasgupta’s counsel Colin Gonsalves told Business Standard. The PIL prayed for a stay on the decision to increase the price of domestic natural gas from $4.2 per million British thermal unit (mBtu) to $8.4 a mBtu, applicable from April 2014.

The PIL has also sought the apex court’s intervention in the appointment of a presiding arbitrator for a panel looking into RIL’s right to recover its investment in the KG-D6 block from gas sales, thereby completing the process within six months.

Dasgupta had alleged that the petroleum ministry was sitting on a penalty of $1 billion imposed on RIL in FY12 and also failed to implement relinquishment of 86 per cent of the KG-D6 block area held by RIL.

The Rangarajan committee had proposed a pricing by taking an average of the prices in US, Europe and Japanese hubs and then averaging it out with the netback price of imported liquefied natural gas to give the sale price of domestically-produced gas.


Netback is the total cost of bringing crude oil to the marketplace and the revenues from all the products that are generated from it.

When Harish Salve, who appeared for RIL, notified that a Comptroller and Auditor General report cannot be the basis to maintain such a petition, the Bench indicated the petition cannot be ignored as Dasgupta is a senior Parliamentarian.

While those supporting the price hike claim the move would boost further investment in exploration, those against it say the move would raise the government’s subsidy outgo in sectors like fertiliser and power.
'via Blog this'

Monday, March 11, 2013

DOJ's Wall Street Crackdown Is Laughable

DOJ's Wall Street Crackdown Is Laughable:


DOJ's Wall Street Crackdown Is Laughable

By Matt Taibbi, Rolling Stone
21 February 13

 don't want to sound like a broken record, but . . . the latest ploy by the government to insist it is "getting tough" on Wall Street is beyond laughable.
The tough new-and-improved regime, as described by the curiously credulous Dealbook, is a policy of extracting criminal guilty pleas from foreign subsidiaries, as opposed to the "usual fines and reforms." This was the path chosen in the recent UBS deal (in which a Japanese subsidiary was charged while the parent company was given a complete walk, a non-prosecution settlement) and in the more recent deal with the Royal Bank of Scotland. Both of those banks were implicated in the LIBOR rate-fixing case, which is only maybe the most egregious and far-reaching financial scandal of our generation. Writes Dealbook:
Criticized for letting Wall Street off the hook after the financial crisis, the Justice Department is building a new model for prosecuting big banks.

In a recent round of actions that shook the financial industry, the government pushed for guilty pleas, rather than just the usual fines and reforms. Prosecutors now aim to apply the approach broadly to financial fraud cases, according to officials involved in the investigations.

Lawyers for several big banks, who spoke on the condition of anonymity, said they were already adjusting their defenses and urging banks to fire employees suspected of wrongdoing in the hope of appeasing authorities.
The story was accompanied by a preposterous photo of Lanny Breuer angrily wagging a finger, suggesting a new, "get-tough" criminal division of the Department of Justice.
The article worried desperately over the issue of whether or not the Japanese subsidiaries would keep their licenses after these guilty pleas. As is often the case - I've personally heard this excuse about a dozen times coming from DC types - regulators are terrified of repeating an Arthur Andersen situation, i.e. punishing a company and seeing massive job losses as a result:
Critics point to the UBS case. Before UBS signed the deal, Japanese authorities assured the bank that a guilty plea would not cost the subsidiary its license, a person involved in the case said. While the case has weighed on the stock price, the subsidiary is operating normally and clients have stayed put, according to people with direct knowledge of the case.
Prosecutors defend their effort, saying it was born from painful experiences over the last decade.
After Arthur Andersen was convicted in 2002, the accounting firm went out of business, taking 28,000 jobs with it. The Supreme Court later overturned the case, prompting the government to alter its approach.
The Arthur Andersen case has become like Wall Street's magic mantra - you hear the name whispered anytime any company gets in trouble. This is a tactic straight out of Blazing Saddles, with banks essentially taking themselves hostage, putting guns to their own heads as they creep sideways out the door: "Back off! Prosecute us and all these jobs will die!"
And prosecutors, just like the idiot town leaders of Mel Brooks's Rockridge, are screaming, "They're just crazy enough to do it!"
This isn't brain surgery. You know what an effective deterrent to crime is? Jail! And do you know what kind of criminal penalty actually makes people think twice about committing crimes the next time? The kind that actually comes out of some individual's pocket, not fines that come out of the corporate kitty.
I get that regulators are worried about job losses. They should be. But the long-term job losses are going to be much greater when investors around the world lose confidence in the U.S. financial system because they recognize that individuals do not face punishment for criminal activity. The individual incentive not to commit crime on Wall Street now is almost zero. Even the worst of the worst - like, say, a certain unindicted co-conspirator in an evolving insider trading case - is only threatened with individual prosecution after years of monstrous and obvious market manipulation, resulting in massive profits that he'll almost certainly get to keep most of, by the way, if previous settlements are any guide.
It continually amazes, the way all of these law-and-order types are so willing to pontificate about the importance of taking individual responsibility for one's actions, until the guy in their crosshairs is someone he/she went to college with, or a former client of his or her law firm. Then, suddenly, their idea of drastic justice becomes maybe yanking the license of a foreign subsidiary.
Let's make a new rule: The Department of Justice doesn't get to call itself "tough" until a) it puts someone from one of these companies in jail for at least 24 hours, or b) it extracts fines from either companies or individuals that represent at least slightly more than laughable fractions of their ill-gotten gains. That's setting the bar pretty low, but you have to start somewhere, right?

'via Blog this'

Sunday, March 10, 2013

Why We Bought Bush's Lies - Valerie Palme Wilson / Joe Wilson

Why We Bought Bush's Lies:

Valerie Plame and husband Joseph Wilson, July 2003. (photo: Getty Images)
Valerie Plame and husband Joseph Wilson, July 2003. (photo: Getty Images)

Why We Bought Bush's Lies

By Valerie Plame Wilson and Joe Wilson, Guardian UK
02 March 13

We knew WMD intelligence was flawed, but there was a larger failure of officials, media and public to halt the neocon juggernaut.
t has been 10 long years since "Shock and Awe" - the opening bombardment of Baghdad - lit up the skies above the Tigris. A decade later, we know far more about the case the Bush administration made to the world to justify its war of choice to overthrow Saddam Hussein. Books like Hubris by David Corn and Michael Isikoff, and British commission and US Senate reports have catalogued the extent to which intelligence was misused to mislead the public.
Yet, even as the intervening period has brought profound change for the United States and its role in the world, have we learned the lessons of that disastrous period? And what were those lessons?
For nearly a year prior to the invasion, President Bush and his administration peppered the airwaves with serious accusations against Saddam Hussein, including claims of aluminum tubes that could be used in centrifuges to enrich uranium, and of Iraqi efforts to purchase uranium yellowcake from Africa. The intelligence supporting the claims was either not believed or was highly disputed by the experts. But that did not stop senior government officials from repeating them incessantly; nor did it prevent the powerful neoconservative ideologues who were the war's most fervent supporters from parroting them with menacingly jingoistic passion.
Who can forget the trademark line, delivered by Condoleezza Rice:
We don't want the smoking gun to be a mushroom cloud.
As a covert CIA operations officer working frantically in the months before the war to find and verify hard intelligence about Iraq's presumed WMD program, Valerie was keenly interested in watching Secretary of State Colin Powell address the United Nations on 6 February 2003. His reputation and service to the United States was stellar, and he was viewed as the lone moderate inside what many others considered to be a hawkish cabinet.
As Valerie watched the speech unfold on TV from CIA headquarters that morning, she experienced what can only be described as "cognitive dissonance". It became clear, as Powell laid out the case for war (with CIA Director George Tenet sitting conspicuously just behind the secretary's right shoulder), that his robust claims about the state of Iraqi WMD simply did not match the intelligence which she had worked on daily for months.
Powell's claim from a discredited defector code-named "Curveball" on Iraq's biological weapons capability was particularly alarming. Valerie knew that "Curveball" had been deemed a "fabricator" by the agency, meaning that none of his intelligence could be believed.
The implications suddenly become obvious: we were watching a kabuki play and the outcome was predetermined. The Bush administration was determined to go to war, however bad the intelligence, and not even Secretary of State Powell was going to stand in the way.
Joe, too, watched Powell's speech, wondering whether the secretary would repeat the statement, first made by President Bush in his state of the union address several days earlier , that "the British government has learned that Saddam Hussein recently sought significant quantities of uranium from Africa." At the request of the CIA, Joe had investigated that claim in February 2002, as it pertained to Niger and had reported back to the agency that there was no evidence to support the charge. Tellingly, Colin Powell made no mention at the UN of any Iraqi effort to seek uranium, either from Niger or anywhere else in Africa.
Rumors of a Niger-Iraq uranium deal had first surfaced in Rome in 2001, as documents purporting to be related to the sale of 500 metric tonnes of yellowcake (a lightly refined uranium ore) circulated in intelligence circles and among journalists. Those documents were later found to be forgeries, but by the time the charge made its way into the president's speech, it had already been largely discounted by both the State Department and the CIA. The agency's director told the White House three times not to use the claim because the CIA believed it to be false.
The now infamous 16 words made it into the state of the union speech only by agreement between the White House and the CIA to attribute the charge to the British government, which had published such a claim in its "White Paper" on Iraq, in September 2002. Unfortunately, as then Foreign Secretary Jack Straw testified to the House of Commons foreign affairs select committee in June 2003, the British claim had been based on separate intelligence from the forged documents, and that the British had not shared their intelligence with the US government.
In sum, we are left to believe that a significant part of President Bush's case for war was based on intelligence that neither he nor his intelligence officials had even seen. The declassification of several documents in recent years, and a US Senate investigation report published in 2008 conclude that there was far closer collusion between the Bush and Blair administrations than the Straw testimony suggests. Yet, the British government to this day continues to stand behind its "separate intelligence" - which it has yet to make public.
The Powell address to the UN and the Niger-Iraq saga are but two examples of the efforts of the Bush administration to manipulate intelligence to support its political objectives and the lengths to which it went to secure support for its war. As former White House press secretary Scott McClellan put it:
"Bush and his White House were engaging in a carefully orchestrated campaign to shape and manipulate sources of public approval to our advantage."
That it was so successful is an indictment of a corrupt administration. But it is also emblematic of the failure of the checks and balances that are the hallmark of our democracy. As Obama appointees John Kerry and Chuck Hagel can attest, the US Congress was ineffective, to say the least, in the exercise of its oversight responsibilities. (The same applies to the UK Parliament.) The Washington press corps was dilatory in its investigative reporting - valuing access and cozy relationships with senior officials above the search for truth; ultimately, the media served as lapdogs rather than watchdogs.
And the public, still reeling from 911 and whipped up by the fear-mongering since, instinctively trusted its leaders. Given the full force and power of the administration's efforts to sell the war, it is no wonder that nearly 60% of Americans were in favor of the invasion in the early part of 2003.
Not surprisingly, that figure has flipped, with nearly 60% of Americans now saying that the Iraq war was a mistake; more than 70% of the British public agree. We owe it to ourselves and to our partners in the "coalition of the willing" to confront the fact that, when it mattered a decade ago, our Congress, our press, and we as citizens were not vigilant enough in holding our government to account for its statements and actions.
We did not do nearly enough to prevent this tragedy perpetrated on Iraq, on the world, and on ourselves.

'via Blog this'