Global Newswire

An Indictment of the Invisible Hand

by Jeffrey Madrick

The implications of Piketty's new book go to the heart of the issue that spurred the Occupy movement in 2011. (Photo: Public domain)

Thomas Piketty’s 700-page book, Capital in the Twenty-First Century, has stunned both the economic profession and most political observers. But the economic mainstream is not truly dealing with its most serious implications even as they widely praise his work.

Bad science, and really bad reporting

Note: An article about this very study was published in the News-Gazette this week. The paper uncritically reports on this sort of flaky stuff, but rarely notes any of the numerous much more rigorous studies that suggest significant medical benefits from cannabis, because those contradict the N-G Editorial Board's assertion that cannabis has no medical value.

by Pete Guither

So, of course, everyone in the media has been gushing about the study that proves that even casual pot smoking damages the brain. Of course, that’s not even close to what the study showed, even if you accept the study itself as legitimate.

The people who really know, know better.

Here’s John Gever, Deputy Managing Editor, MedPage Today: Striking a Nerve: Bungling the Cannabis Story

Correlation does not equal causation, and a single exam cannot show a trend over time. Basic stuff, right?

But judging by coverage of a study just out in the Journal of Neuroscience, these are apparently foreign concepts for many folks in the media. [...]

Obama Administration Rakes In Billions Off Student Debt

'The student loan program isn’t about helping students or borrowers—it’s about making profits for the federal government.'

by Lauren McCauley, CommonDreams staff writer
http://www.commondreams.org/headline/2014/04/15-6

(Photo: Bossi/ Creative Commons/ Flickr)

Pulitzer Vindicates: Snowden Reporters Win Top Journalism Honor

Guardian and Washington Post each honored with Pulitzer for Public Service

by Lauren McCauley, CommonDreams staff writer
http://www.commondreams.org/headline/2014/04/14-6

US Is an Oligarchy Not a Democracy, says Scientific Study

by Eric Zuesse

study, to appear in the Fall 2014 issue of the academic journal Perspectives on Politics, finds that the U.S. is no democracy, but instead an oligarchy, meaning profoundly corrupt, so that the answer to the study’s opening question, "Who governs? Who really rules?" in this country, is: 

NSA Exploited Heartbleed for Own Use

White House denial highlights 'fundamentally flawed' dual mission of government spy agency

- Lauren McCauley, CommonDreams staff writer

Made public on April 7, Heartbleed is said to have exposed the sensitive information of countless users. (Photo: Filippo/ Creative Commons/ Flickr)

Comcast, Time Warner and Congress: Perfect Together

by Michael Winship

The US Senate on Wednesday held its first hearing on the proposed Comcast-Time Warner deal — a $45 billion transaction that will affect millions of consumers and further pad some already well-lined pockets — so now seems a good time to look at how our elected officials have benefitted from the largesse of the two companies with an urge to merge.

Although the ultimate decision will be made by the Federal Communications Commission and the Justice Department, according to the Sunlight Foundation, a reliable, nonpartisan watchdog, “The number one and number two cable providers in the country are also big-time on the influence circuit, giving upwards of a combined $42.4 million to various politicians and groups since 1989.

The Sunlight Foundation’s Influence Explorer tool also shows that the two companies have spent a combined $143.5 million lobbying Congress since 1989 on issues including telecommunications, technology, taxes and copyright.

Why the Minimum Wage Should Really Be Raised to $15 an Hour

by Robert Reich

https://www.youtube.com/watch?feature=player_embedded&v=GOqtl53V3JI

Momentum is building to raise the minimum wage. Several states have already taken action  — Connecticut has boosted it to $10.10 by 2017, the Maryland legislature just approved a similar measure, Minnesota lawmakers just reached a deal to hike it to $9.50. A few cities have been more ambitious — Washington, D.C. and its surrounding counties raised it to $11.50, Seattle is considering $15.00

Senate Democrats will soon introduce legislation raising it nationally to $10.10, from the current $7.25 an hour.

All this is fine as far as it goes. But we need to be more ambitious. We should be raising the federal minimum to $15 an hour.

Here are seven reasons why:

Presidential Prospect or Not, Elizabeth Warren Has a Lesson for Democrats

by John Nichols

Many thoughtful media reports on the remarkable address that Massachusetts Senator Elizabeth Warren gave at the Minnesota Democratic-Farmer-Labor Party’s Humphrey-Mondale Dinner have focused on the fact that she took apart Paul Ryan.

There is no question that the senator from Massachusetts shamed the congressman from Wisconsin.

One report was headlined: “Elizabeth Warren schools Paul Ryan on poverty in 80 seconds.”

Another announced: “Elizabeth Warren Picks A Fight With Paul Ryan.”

Still another reported: “Elizabeth Warren Slams Paul Ryan On Inner City Culture Comment.”

All true. All accurate.

Eight Headlines the Mainstream Media Doesn't Have the Courage to Print

by Paul Buchheit

The following are all relevant, fact-based issues, the "hard news" stories that the media has a responsibility to report. But the business-oriented press generally avoids them.

 

(Another) Poll Finds Increased Nationwide Support for Legalizing Marijuana

by Marijuana Policy Project

Majority of Americans think marijuana should be legal for adults and is less harmful than alcohol for the user and society; nationwide legalization seen as inevitable

WASHINGTON, D.C. — A poll released Wednesday by the Pew Research Center showed that for the second year in a row a majority of Americans (54%) support making marijuana legal.  This represents a two percent increase in support from last year.

Only 42% support keeping marijuana illegal. Three-quarters of those polled think that the sale and use of marijuana will eventually be legal nationwide.

The poll also revealed that 69% of respondents see alcohol as more harmful to individual health than marijuana, and 63% think alcohol is more dangerous to society.

Pew’s nationwide survey of 1,821 adults was conducted February 14-23. Detailed survey results are available at here.

With McCutcheon Ruling, An Activist Court Opts for Full-On Plutocracy

by John Nichols

Any doubts about the determination of an activist United States Supreme Court to rewrite election rules so that the dollar matters more than the vote were removed Wednesday, when McCutcheon v. Federal Election Commission was decided in favor of the dollar.

The court that in 2010, with its Citizens United v. FEC decision, cleared the way for corporations to spend as freely as they choose to buy elections has now effectively eliminated the ability of the American people and their elected representatives to establish meaningful limits on direct donations by millionaires and billionaires to campaigns.

How to Fan the Flames

by Alexandra Bradbury and Jane Slaughter

We troublemakers keep hoping for the spark that will set a wildfire of workers in motion. The worse our situation gets—economically, politically, ecologically—the more we yearn for a vast movement to erupt and transform the landscape.

Where will the next big movement come from? Fights in the workplace can be the training ground. (Photo: OUR Walmart)

Study: Medical Marijuana Legalization Doesn’t Lead to More Crime

by Thomas H. Clarke

Researchers Say Decriminalizing Medicinal Use May Even Reduce Homicide, Assault Rates

DALLAS, TX – Long before Washington and Colorado legalized pot for recreational use, opponents to marijuana legalization were arguing that allowing marijuana for medicinal purposes would result in higher rates of crime and delinquency. But a new study by researchers at the University of Texas at Dallas determined that not to be the case.

In fact, researchers say, decriminalizing marijuana may actually reduce violent crime rates.

“The main finding is that we found no increase in crime rates resulting from medical marijuana legalization,” explained Dr. Robert Morris, associate professor of criminology and lead author of the study, which was recently published in the journal PLOS ONE. “In fact, we found some evidence of decreasing rates of some types of violent crime, namely homicide and assault.”

Serious Coverage of Trade Issues is Essential — but all too Rare

by John Nichols

President Obama used his European tour to make another pitch for sweeping new free-trade agreements such as the Transatlantic Trade and Investment Partnership and the Trans-Pacific Partnership. Recognizing that there is mass opposition to these sorts of deals in the U.S. and abroad — based on the profound concerns about job security, wages, the circumstance of working farmers, environmental protection and democracy raised by the North American Free Trade Agreement, the permanent normalization of trade relations with China, and more recent trade arrangements — Obama urged critics of race-to-the-bottom trade policies to trust that he would negotiate better deals.
 

"(There’s) no point in getting excited about potential provisions in trade agreements that haven't been drafted yet,” the president said. "There will be plenty of time to criticize trade agreements when they are actually put before the public.”

How Vladimir Putin Became Evil

The US and UK condemn him for Crimea but supported him over the war in Chechnya. Why? Because now he refuses to play ball

by Tariq Ali

Once again, it seems that Russia and the United States are finding it difficult to agree on how to deal with their respective ambitions. This clash of interests is highlighted by the Ukrainian crisis. The provocation in this particular instance, as the leaked recording of a US diplomat, Victoria Nuland, saying "Fuck the EU" suggests, came from Washington.

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