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Bank Eat Bank: Bailout Encourages Mergers
With newfound bailout money in their wallets, big banks have been rushing to gobble up smaller ones. At the center of these mergers is the Treasury Department, led by Goldman Sachs alums Henry Paulson and Neel Kashkari. While neglecting struggling homeowners they have created major incentives for widespread bank consolidation, which could lead to a host of new problems. And, as members of Congress recently noted, Treasury officials seem to be making the rules up as they go.
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Bank Eat Bank: Bailout Encourages Mergers
With newfound bailout money in their wallets, big banks have been rushing to gobble up smaller ones. At the center of these mergers is the Treasury Department, led by Goldman Sachs alums Henry Paulson and Neel Kashkari. While neglecting struggling homeowners they have created major incentives for widespread bank consolidation, which could lead to a host of new problems. And, as members of Congress recently noted, Treasury officials seem to be making the rules up as they go
Follow Danielle's reporting on twitter.
Follow Lagan's reporting on twitter.
Closing Down Gitmo Part 1: An interview with David Cole
President-elect Barack Obama says closing down the detainee camp in Guantanamo Bay will be a top priority of his new administration. David Cole, author of Justice at War: The Men and Ideas That Shaped America's War on Terror, legal affairs correspondent for The Nation, and a professor at Georgetown University Law Center, reviews some of the dilemmas ahead. Should the U.S. continue to hold prisoners without charge? Should we prosecute the top Bush Administration officials responsible for detainee abuse? And how do we regain the respect of the world community?
Democrats Shield Automakers From Legacy of Bad Decisions
Dismal auto sales and all-time stock lows may obliterate the Big Three. So the automobile lobby is back on Capitol Hill warming up to some of their best friends - Democrats - to secure $25 billion in loans. The question is: what will the money be used for and will there be strings attached to make better, greener cars.
Obama Short List: Inslee for Energy Secretary?
Rep. Jay Inslee (D-WA) has been named as the potential head of Obama's Department of the Interior or Department of Energy. ANP sat down with Rep. Inslee before the election...
Party Chiefs Reflect on Day After
With the grueling campaign finally over, DNC Chairman Howard Dean and RNC Chairman Mike Duncan appeared at the National Press Club in Washington to give their thoughts on the results. Dean said Barack Obama’s victory was a clear mandate, while Duncan called the assertion “preposterous.”
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Police Trap Peaceful Protesters in Denver
A calm political protest quickly turned chaotic as anxious Denver police surrounded protestors peacefully marching toward the Democratic National Convention Center. After trapping the crowd between two buildings, hundreds of officers used pepper spray, batons and unwarranted aggression. After being surrounded for 20 minutes, two ANP producers managed to escape after recording the whole affair.
Muslim McCain Fans Confront Intolerance At Rally
At a John McCain rally in Virginia, three people handed out "Obama for Change" bumper stickers with the Communist sickle and hammer and the Islamic crescent, saying Obama was a socialist with ties to radical Islam. Moderate McCain supporters struck back.
Follow Hutch's reporting on Twitter.
Drop Weapons
Several soldiers who have returned from combat zones talk with the American News Project about what they say is the widespread practice of using "drop weapons" to cover up the killing of innocent civilians in Iraq and Afghanistan. We feature five veterans and current members of Iraq Veterans Against the War, plus retired Lieutenant Colonel Gary Solis, a Vietnam War veteran and legal scholar who taught "Law of War" at West Point.
Iraq: One Winter Soldier's Tale
In the spring of 2008, a conference was held on the outskirts of Washington, DC. Entitled Winter Soldier: Iraq and Afghanistan, it harkened back to the Winter Soldier testimonies held three decades ago during the Vietnam War. Of the testimonies we filmed, this one, by Iraq War vet Jon Michael Turner, was the most compelling and intense.
Palin's Apocalypse
Does Sarah Palin believe in the Anti-Christ? Does she believe true Christians will be whisked up to heaven sometime in the near future? Does she expect Jesus to come back to earth in our lifetimes and battle the armies of Satan? Would biblical prophecies about Armageddon influence her foreign policy positions on Israel and Russia? These are urgent questions the media have failed to ask. According to Chip Berlet, a leading expert on the Christian right, mainstream reporters tend to view apocalyptic fundamentalists as a "silly little side show" in American political life, when, in fact, one of their own may soon be a heartbeat away from the most powerful office in the world.
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Obama Waffles Leave Bad Taste
In the fervor surrounding the McCain - Palin presidential ticket, 'values voters' concoct 'Obama Waffles' in an effort to rally the conservative base to reject Barack Obama. The question is: is it in good taste?
Police Trap Peaceful Protesters in Denver
A calm political protest quickly turned chaotic as anxious Denver police surrounded protestors peacefully marching toward the Democratic National Convention Center. After trapping the crowd between two buildings, hundreds of officers used pepper spray, batons and unwarranted aggression. After being surrounded for 20 minutes, two ANP producers managed to escape after recording the whole affair.
Muslim McCain Fans Confront Intolerance At Rally
At a John McCain rally in Virginia, three people handed out "Obama for Change" bumper stickers with the Communist sickle and hammer and the Islamic crescent, saying Obama was a socialist with ties to radical Islam. Moderate McCain supporters struck back.
Follow Hutch's reporting on Twitter.
No Debate: Hempstead is Struggling
Today a horde of journalists descends on Hempstead, NY, to cover the third and final presidential debate. ANP left the pack to hear from people outside of the media spotlight, people hit hard by our nation's crises at home and abroad.
The American News Project is dedicated to defending and promoting the public interest through high-quality, investigative video journalism.
Pastor Hagee's Extreme Makeover
By Harry Hanbury on Jul 24, 2008
In late May, after three months of deliberation, John McCain called Pastor John Hagee "crazy" and renounced his endorsement. But Hagee has come back stronger than ever -- thanks to friends like William Kristol, Joe Lieberman . . . and the public relations firm 5W, which also represents Microsoft, Snoop Dogg and Pamela Anderson. This week in Washington, D.C., Hagee's non-profit organization, Christians United for Israel (CUFI), brought together five thousand supporters of the bedeviled pastor, and a new regime of media relations was much in evidence.