Thom's Blog

Monsanto doesn't need any more protection!

A little-known provision in the most recent budget appropriations, which passed through Congress last week, is a big deal for biotech giant Monsanto – and GMO opponents. The so-called “Monsanto Protection Act” shields the maker of genetically modified seeds from being sued by consumers who claim they've been harmed by their products.

Supreme Court Justice John Roberts and the imaginary "gay lobby"

After yesterday's landmark challenge to the federal Defense of Marriage Act, the pro-equality crowd is hopeful that the Supreme Court will strike down the discriminatory law. During the oral arguments, the majority of the Justices seemed ready to strike down DOMAs key provision, which denies same-sex couples the right to all the federal benefits of marriage.

Day two of the LGBT Equality - DOMA before SCOTUS

Today, the federal Defense of Marriage was challenged before the Supreme Court in United States v. Windsor.

Privatize the profits. Socialize the pollution.

You don't have the right to know you're being poisoned. At least, not in Wyoming. Yesterday, County District Judge Catherine Wilking ruled against environmental groups fighting to make public the list of toxic ingredients used in hydraulic fracking fluid. According to Judge Wilking, Wyoming's state oil and gas supervisor was authorized to withhold the information, because the list of chemicals is considered a trade secret.

Can the House and Senate budgets find common ground?

Minutes before 5am, early Saturday morning, members of the Senate did something they haven't done in four years - they passed a budget. The $3.7 trillion dollar outline for 2014 passed with a 50 to 49 vote, and it includes $100 billion in stimulus spending and raises $975 billion in new revenues over the next decade. Now the challenge will be to reconcile the Democratic Senate budget with Paul Ryan's austerity plan in the House.

Economic terrorism is no way to run a country.

Republicans are already plotting their next opportunity to take our nation hostage. At his weekly press conference, John Boehner said the GOP will refuse to raise the debt ceiling in May, if the president doesn't agree to more spending cuts. President Obama already agreed to cuts in the fiscal cliff deal totaling $1.5 trillion over the next decade.

Get ready for another derivative meltdown.

Despite gridlock in Washington, a new effort to loosen Wall Street regulations and water down the 2010 Dodd Frank Act is getting bipartisan support in Congress. Republican Representatives Patrick Henry and Scott Garrett are backing the measure, as is Democratic Rep. Gwen Moore. Moore justified her support by saying the plan is only meant to relieve regulatory burdens on companies that do business with big banks.

We all deserve a vote!

Next month, the Senate will vote on gun control legislation, but provisions that the majority of voters support won't be in the bill. Yesterday, California Senator Diane Feinstein's assault weapons ban was pulled from the legislation, despite a Pew Research poll showed 55% of Americans support the ban.

Is it time for a $33 minimum wage?

No matter how you calculate it, minimum wage has flat-lined over the past 50 years. That's the finding in a 2012 study from the Center for Economic Policy Research. The study reads, “By all of the most commonly used benchmarks – inflation, average wages, and productivity – the minimum wage is now far below its historical level.” If wages had kept up with productivity gains since 1968, it would be nearly $22 dollars an hour.

Could a tax on Cyprus bank deposits bring down E.U. banks?

When you think European financial crisis, you think Greece, or Spain, or Italy. But economic trouble in the small island nation of Cyprus is causing a serious panic throughout Europe. Because of Cyprus banks' exposure to the financial troubles in neighboring Greece, the island nation's banks need a bailout.

Is 'The American Dream' a fantasy for younger workers?

For generations, the American ideal has been that each successive generation becomes more prosperous and successful than the one before it. But unfortunately, that's no longer the case. A new study from the Urban Institute indicates that, while American wealth as a whole has doubled over the last 25 years, younger people have fallen behind as a group.

Do you want the CIA & NSA to have unlimited access to your financial records?? Well.. Obama does.

The Obama Administration wants to hand over access to your financial records to the CIA, NSA, and other law enforcement agencies. According to a new report from Reuters, a Treasury Department plan gives spy agencies full access to more raw financial data then ever before, under the guise of national security.

Compromise... with a side of stimulus.

Today Senate Democrats will introduce a plan to replace the sequester, and the propose $100 billion in stimulus spending. Senate Budget Committee Chairperson Patty Murray will present the plan, which reduces the deficit by $1.85 trillion with a balanced approach of 50-50 spending cuts and new revenues.

Why is the FDIC helping banksters avoid trial?

The Federal Deposit Insurance Corp is supposed to insure deposits and regulate banks, but the agency has helped the banksters avoid trial for their crimes since the 2008 financial meltdown. The LA Times reports that the very agency responsible for investigating and prosecuting bank procedures that crashed our economy has been quietly settling charges out of court – and out of the view of the American public.

Republicans suddenly love tax increases...

Republicans hate tax increases... unless they're part of Paul Ryan's budget plan. The adoption of $600 billion in new revenue, fought for by President Obama and opposed by Congressional Republicans, is just one of the many surprises in Paul Ryan's new GOP budget.

ADHD: Hunter in a Farmer's World

Thom Hartmann has written a dozen books covering ADD / ADHD - Attention Deficit Hyperactive Disorder.

Join Thom for his new twice-weekly email newsletters on ADHD, whether it affects you or a member of your family.

Thom's Blog Is On the Move

Hello All

Thom's blog in this space and moving to a new home.

Please follow us across to hartmannreport.com - this will be the only place going forward to read Thom's blog posts and articles.

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