Addicting Info | May 25, 2015
A groundbreaking ten-year study by The Tampa Bay Times and the Center for Investigative Reporting has exposed a number of high profile US charities for failing to pass on donations to people in need.
The study underscores the issue of the corporatization of charity – charities serving primarily as businesses, with their philanthropic aims subordinated to job creation. In short while givers believe they are donating to keep impoverished children off the streets, they’re actually paying to keep that charity collector ON the street.
The teams crunched the numbers of over 11,100 US charities. They compared the funds raised through soliciting for donations, to the amount of that money which actually ends up handed over as cash aid to the recipients – and found a startling figure.
Of almost $1 billion raised over the decade, just $43.9m ended up as direct cash aid. More than $900m funded soliciting for the donations.
Elizabeth Warren (photo: Jason Reed/Reuters)
Sam Forgione and Sandra Maler | Reuters | Reader Supported News | May 26, 2015
S Senator Elizabeth Warren is calling for U.S. Department of Labor hearings on whether banks accused of rigging foreign exchange markets should be allowed to manage retirement accounts, the Financial Times reported on Sunday.
“When banks plead guilty to a crime, federal agencies must do more than look the other way,” Warren told the Financial Times. “The SEC has already granted waivers to each of these banks without any detailed explanation, but it is not too late for the Department of Labor to hold a public hearing before it decides that such brazen lawbreakers can be trusted managing workers’ retirement accounts.”
Five of the world’s largest banks, including JPMorgan Chase & Co and Citigroup Inc, were fined some $5.7 billion, and four of them pleaded guilty to U.S. criminal charges over manipulation of foreign exchange rates, authorities said on May 20.
PublRT News | May 20, 2015
Collecting too much data is a very real threat to national security, and what the NSA is doing no exception, according to Daniel Schuman, policy director of Demand Progress. Telling RT’s Ben Swann how the government’s mass surveillance practices undermine civil liberties and potentially safety, Schuman dives into the details of the proposed reform measures now under consideration.
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GRANT SCHULTE | Yahoo News | May 20, 2015
Governor says Nebraska has ordered new death penalty drugs
LINCOLN, Neb. (AP) — Nebraska lawmakers gave final approval on Wednesday to a bill abolishing the death penalty that would make it the first conservative state to do so since 1973 if the measure becomes law.
The vote margin in the unicameral Legislature was more than enough to override a promised veto from Gov. Pete Ricketts, a supporter of capital punishment. Ricketts, a Republican, said the vote represented a “dark day” for public safety.
“Nebraska has a chance to step into history — the right side of history — to take a step that will be beneficial toward the advancement of a civilized society,” said Sen. Ernie Chambers of Omaha, an independent who has fought for four decades to end the death penalty.
Former troops march with a group representing LGBT military veterans in a Veterans Day parade. (Photograph: Steven Senne/AP)
Chicago-area cemetery to host Memorial Day unveiling ceremony as veterans prepare: ‘I never believed anything like this could’ve happened’
A monument dedicated to LGBT veterans will be unveiled in a national cemetery near Chicago on Memorial Day, in a celebration of the first federally approved monument to LGBT veterans.
A black granite slab flanked by two blocks of pale granite, the monument will feature the five seals of the military’s main branches – the army, navy, marine corps, coast guard and air force – as well as the the emblem of the merchant marines.
The memorial was planned by the Chicago chapter of the American Veterans for Equal Rights (Aver) and approved in November by the interim undersecretary of memorial affairs for the Department of Veterans Affairs, Ronald E Walters. Cemetery office supervisor Lynne Phelan said it is, to the best of her knowledge, the first such approved monument.
ERIC TUCKER and MICHAEL KUNZELMAN | Associated Press | ABC News | May 16, 2015
For more than a decade, oil has been leaking into the Gulf of Mexico where a hurricane toppled a drilling company’s platform off the coast of Louisiana. Now the federal government is warning that the leak could last another century or more if left unchecked.
Government estimates obtained by The Associated Press provide new details about the scope of a leak that has persisted since Hurricane Ivan in 2004.
Taylor Energy Co., which owned the platform and a cluster of oil wells, has played down the extent and environmental impact of the leak. The company also maintains that nothing can be done to completely eliminate the chronic oil slicks that often stretch for miles off the Louisiana coast.