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Monday, April 23, 2018

GOP Congress Surrenders War Powers To Trump

Reprinted with permission from Creators.

The day before Donald Trump ordered a missile attack on three sites tied to chemical weapons production in Syria, House Speaker Paul Ryan made clear that the president needn’t worry about getting permission from Congress. “He has the authority under the existing AUMF,” Ryan said, referring to the authorization for the use of military force against the perpetrators of the terrorist attacks that occurred on 9/11.

That eyebrow-raising assertion — which seemed to suggest that Syrian President Bashar Assad helped al-Qaida, his archenemy, crash jetliners into the World Trade Center and the Pentagon — was striking evidence of Ryan’s cognitive dissonance.…

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Examining the Kochtopus

Reprinted with permission from Creators.

Multibillionaires Charles and David Koch want nothing less than to supplant America’s core democratic principle of majority rule — the will of The People — with their core plutocratic principle of inviolable property rights, also known as domination by the wealthy minority. Their notion is that “property” (accumulated wealth and the means to get it) is sacrosanct and cannot be restricted by the pesky majority for the Common Good. Cloaking their efforts with layers of dark-money front groups, the Koch brothers have used their enormous assets to mount a far-ranging, ultrasophisticated assault on American democracy.

From their early involvement in The John Birch Society (daddy Fred Koch being an early member), they continued their rightward march, and by the 1970s, both had plunged into the abyss of a laissez-fairyland plutocracy.…

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Big Banks Reap Record Profits From Tax Cut

Reprinted with permission from AlterNet.

When President Donald Trump and the Republican Party pitched their bill to overhaul the American tax code, they promised voters that their plan was aa “middle-class tax relief.” As the law goes into effect, though, most Americans are seeing little benefit, while the big banks are raking in record profits.

According to new analysis by the Associated Press, six big Wall Street banks made an additional $3.59 billion dollars so far this year thanks to the tax law.

Financial Analyst James Shanahan told the AP:“If there was one significant factor quarter for the big banks that I follow, it was taxes.”

This is no surprise.…

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