Friday, January 31, 2014

All In’s Guide to the Christie Subpoenas

Follow the money

Corporations' 'Trade Secrets' Trump Public Health | Common Dreams

Corporations' 'Trade Secrets' Trump Public Health | Common Dreams

"Corporate power seems to be thwarting the public's right to know if the personal care products they use contain potentially harmful ingredients."

Second Christie Pal Invokes Fifth Amendment Rights

www.talkingpointsmemo.com/muckraker/bill-stepien-letter
"Bill Stepien, New Jersey Gov. Chris Christie's (R) former campaign manager, on Friday became the second Christie ally to invoke his 5th Amendment rights in response to the investigation of the George Washington Bridge lane closures."

Top Christie Aide Says Governor Was Aware Of Bridge Lane Closures

www.thinkprogress.org/home/2014/01/31/3236191/christie-aide-says-governor-aware-lane-closures/
"Former Port Authority official David Wildstein — the former director of interstate capital projects — said in a letter released by his lawyer that the Christie administration ordered the closure of the traffic lanes and said “evidence exists as well tying Mr. Christie to having knowledge of the lane closures, during the period when the lanes were closed, contrary to what the governor stated publicly in a two-hour press conference” three weeks ago."

David Wildstein: I Have Proof Christie Knew About Lane Closures

David Wildstein: I Have Proof Christie Knew About Lane Closures

"The former Port Authority official who personally oversaw the lane closings on the George Washington Bridge in the scandal now swirling around Gov. Chris Christie of New Jersey said on Friday that the governor knew about the lane closings when they were happening, and that he had the evidence to prove it."

Why the GOP’s civil war is only going to get uglier

Why the GOP’s civil war is only going to get uglier

"Ultimately, the Republican Party’s civil war will be long and protracted, especially given the vast sums of money involved in determining a winner. The Chamber of Commerce’s war chest and Karl Rove’s epic fundraising will only go so far in overcoming a triumvirate that not only has boots on the ground in the form of enthusiastic ballot box lever pullers, but also the financial backing of America’s most prominent libertarians: Charles and David Koch."

Advice to Billionaire Perkins: Time to Shut Up! | Common Dreams

Advice to Billionaire Perkins: Time to Shut Up! | Common Dreams

"There’s a rule of thumb in cyberspace etiquette known as Godwin’s Law, named after Mike Godwin, the Internet lawyer and activist who first came up with it. A variation of that law boils down to this: He who first compares the other side to Nazis loses, and the conversation is at an end. Unless you’re billionaire Tom Perkins, who seems dedicated to digging a deeper and deeper hole for himself."

Pity the Billionaires, WSJ Edition

Pity the Billionaires, WSJ Edition

"The only people who believe the IRS targeted conservative political groups for scrutiny are Fox News viewers. The rest of us have a few facts at our disposal, including the one that shows lots of groups were scrutinized on all sides of the political spectrum. I don't see the Occupy folks whining in the pages of The Nation about the DHS infiltrating their ranks, do you?"

Provision Requiring Lawmakers to Disclose Subsidies Removed From Final Farm Bill

Provision Requiring Lawmakers to Disclose Subsidies Removed From Final Farm Bill

"I guess this shouldn't surprise anyone. It looks like members of Congress are tired of allowing the rest of us to know just how much they receive in farm subsidies.

The Environmental Working Group reported that "15 members of Congress or their spouses benefitted from a total of $237,921 in taxpayer-funded farm subsidy payments last year." Thanks to a provision slipped quietly into the new farm bill, we won't have access to that information.

Heaven forbid someone might use the information to criticize them for taking their corporate welfare while at the same time being more than willing to cut food stamps for those living in poverty."

Thursday, January 30, 2014

Big paper defends Perkins 1% persecution

Chris Christie is falling apart: His hilarious 2016 hubris finally takes its toll

Chris Christie is falling apart: His hilarious 2016 hubris finally takes its toll

"As a new report finds him looking at '16 general election, he loses a top promoter and polls show him fading fast"

Forget $10.10... The Real Wage Fight Starts at $15 | Common Dreams

Forget $10.10... The Real Wage Fight Starts at $15 | Common Dreams

"If you're currently making the federal minimum hourly wage of $7.25 an hour, an increase to $10.10 would likely be a welcome development. But economists, labor advocates, and low-wage workers themselves say that, in reality, such an increase is actually insufficient to adequately address the economic injustice that has taken hold in the United States over the last several generations."

Wednesday, January 29, 2014

Thom Hartmann: What Obama Didn't Say, But Really Should Have -- The True State of Our Union

www.alternet.org/news-amp-politics/thom-hartmann-what-obama-didnt-say-really-should-have-true-state-our-union

"Thanks to the disastrous Citizen’s United decision, the Conservatives on the bench have made it possible for billionaires to flood our democracy with corporate cash, which is slowly destroying the democratic principles that our founding fathers fought and died for.
The Supreme Court has also said that corporations are protected by the 14th Amendment.
They’ve said that Wal-Mart and Apple are just like you and me.
They are not. They are voluntary associations. The Bill of Rights was not written to protect the East India Company, it was written to protect individual people.
We need to undo the damage that the Supreme Court has done, and amend our Constitution to clearly and explicitly say that "corporations are not people, and money is not speech"."

A Declaration of the End of the Reagan Era

The flip side of Hoboken

An ‘All In’ guide to Christie’s troubles

The president and inequality

Five Years of Lilly Ledbetter and Still More Work Needs To Be Done

Five Years of Lilly Ledbetter and Still More Work Needs To Be Done

"Women who work full time, year round still only earn 77 percent of what men earn, a pay gap that accumulates over time. For a 40-year working career, the average woman loses $431,000—no small amount. And, women with a college degree are no exception. Over their lifetime, women with at least a bachelor’s degree earn approximately $713,000 less than similarly educated men over their lifetime. Additionally, over half of women workers make poverty-level wages, a wage below what a full-time, full-year worker would have to earn to give a family of four enough income to reach the poverty threshold."

Why Does Paul Ryan Hate Hourly Workers?

Why Does Paul Ryan Hate Hourly Workers?

"Listen to Paul Ryan's arguments against the minimum wage here and see if you can actually identify anything that sounds logical."

True GOP SOTU Response Caught On Tape

True GOP SOTU Response Caught On Tape

"They sat on their hands, just like they have when they bother to show up for work. I hope every last one of them gets fired in November."

President Obama Takes Down Walmart By Giving A Speech at Costco

www.politicususa.com/2014/01/29/president-obama-takes-walmart-giving-speech-costco.html
"Costco proves both the Republican Party and Walmart wrong. A company can pay its employees well and be successful. Republicans always frame any proposed increase in the minimum wage as a choice between paying employees well and jobs. Even though research shows that increasing the minimum wage does not cause employers to layoff workers, Republicans still stick to this tired old talking point."

Why Did Obama Go to Costco? Our Wage Calculator Explains

www.motherjones.com/politics/2014/01/costco-vs-walmart-how-many-hours-do-you-need-work-survive
"Check how many hours it would take you to make a living working at Costco vs. Walmart."

Elizabeth Warren: 'It Hurts... It Just Makes Me Madder Than Hell'

Elizabeth Warren: 'It Hurts... It Just Makes Me Madder Than Hell'

"That’s what Elizabeth Warren does; that is who she is. Long before she became a Senator or public official, she was a fierce advocate for consumers and working families who had been chewed up and spit out by the financial (and political) system. She came up out of the movement of activists who wanted to help rebuild the middle class, and make it easier for young and poor people to climb the ladder into that middle class. And she still believes in that movement."

Secret Court Ruling Could Undermine Wisconsin Campaign Finance Law

Secret Court Ruling Could Undermine Wisconsin Campaign Finance Law

"The implication of this secret ruling, if it is upheld, is that a candidate for Wisconsin office can now operate hand-in-glove with a nonprofit like Wisconsin Club for Growth -- which can accept unlimited donations and is under no obligation to disclose those donations -- as long as Wisconsin Club for Growth's ads omit words like "vote for" or "vote against." This would have the effect of undermining the state campaign finance laws that limit how much an individual can donate to a candidate and require disclosure, election law experts say."

Why A Congressman Threatened To Throw A Reporter Off A Balcony Last Night

www.thinkprogress.org/politics/2014/01/29/3220031/michael-grimm-balcony/
"NY1 reporter Michael Scotto was referring to an ongoing federal investigation into whether Grimm illegally solicited and accepted contributions from foreign donors, offered to help a foreign national get a green card in exchange for campaign cash, and filed false campaign finance disclosures. A new report last week also suggested that he may have engaged in a controversial — and potentially illegal — “donor swapping” scheme, circumventing campaign contribution limits by having donors make contributions to a different campaign and then having that candidate transfer the money."

GOP Lawmaker Threatens Reporter With Violence (VIDEO)

www.addictinginfo.org/2014/01/29/ny-rep-grimm-threaten-reporter/
"The allegations have involved Rep. Grimm, himself. Several campaign contributors told the FBI that they were told by both Grimm and Durand that they would find ways to accept donations which exceeded the federal limit. That’s a definite no-no and could get Grimm in a LOT of trouble."

Staten Island Republican caught bullying reporter: ‘I will break you in half’

www.rawstory.com/rs/2014/01/28/staten-island-republican-caught-bullying-reporter-i-will-break-you-in-half/
"Questions began to mount concerning Grimm’s finances after one of his fundraisers, Diana Durand, was arrested by federal officials earlier this month on suspicion of using fake donors to funnel nearly $10,000 into his campaign."

GOP Congressman Threatens Reporter Live On Air

GOP Congressman Threatens Reporter Live On Air

""A New York congressman threatening a reporter live on air. Seems the heat is getting to Michael Grimm." Just don't ever ask him about his corruption."

TDS: Peter Schiff Suggests the 'Mentally Retarded' Could be Paid $2 an Hour

TDS: Peter Schiff Suggests the 'Mentally Retarded' Could be Paid $2 an Hour

"This is what Republicans and wingnut libertarians think of most of us. They just usually don't say it out loud as Peter Schiff did to The Daily Show's Samantha Bee."

GOP Congressman Threatens to Toss Journalist Off Balcony | Common Dreams

GOP Congressman Threatens to Toss Journalist Off Balcony | Common Dreams

Looks like this Congressman doesn't like local news reporters asking about his own corruption.

Watch President Obama’s Full State of the Union Speech

Tuesday, January 28, 2014

Here’s the full text of President Obama’s 2014 State of the Union address

Here’s the full text of President Obama’s 2014 State of the Union address

President urges Congress to make 2014 "a year of action"

6 Policies to Combat Inequality

www.americanprogress.org/issues/economy/news/2014/01/28/82929/6-policies-to-combat-inequality/
"One of the most direct and efficient ways to address inequality is to raise the federal minimum wage."

Rest in Peace Pete Seeger, A True Progressive Hero | Common Dreams

Rest in Peace Pete Seeger, A True Progressive Hero | Common Dreams

"Along with Woody Guthrie, Seeger popularized a particular kind of folk music in America: progressive folk music."

A Declaration of the End of the Reagan Era

A Declaration of the End of the Reagan Era

"In every meaningful way, Reaganomics is alive and well, and still controlling our economy.
But what has 33 years of failed Reaganomics brought us?
It's brought us record levels of financial instability. It's brought us trade policies that have destroyed the working class, and union policies that have destroyed labor in America.
But most importantly, it's brought us tax policies that have exacerbated inequality, wrecked our economy, and put us at the mercy of boom and bust cycles.
When Ronald Reagan stepped foot inside the White House, the top marginal tax rate was at 74 percent, and a third of the federal government's income came from corporations.
Today, the top tax rate is sitting at 39%, most rich people pay a maximum of 20%, and corporations are only paying around 11% of the total cost of running the federal government.
Thanks to 33 years of failed Reaganomics, many Americans have bought the lie that tax cuts are a cure all for a struggling economy."

The Tight Link Between the Minimum Wage and Wage Inequality

The Tight Link Between the Minimum Wage and Wage Inequality

"A higher minimum wage is an important way to address wage inequality, as the erosion of the minimum wage is the main reason for the increase in inequality between low-and middle-wage workers (in particular the 50/10 wage gap, that between the median and the 10th percentile earner). This is particularly true among women, the group for whom the wage gap in the bottom half grew the most."

The President Needs to Talk About How We Got Economic Inequality | Common Dreams

The President Needs to Talk About How We Got Economic Inequality | Common Dreams

"Grotesque inequality kills the American Dream because the American Dream is not the fantasy that we can all be rich, or the fact that a few of us will be rich.  It’s about what happens for the vast majority of people who work hard, who contribute to the life of our country, who will never get rich but who deserve lives of economic security and dignity, who should get their share of the vast wealth they produce. Our economy used to do just that, and now it doesn’t, but it can again if we choose to make it so.”  

President Obama has the power to begin to fix what has gone wrong in America, even if not to solve it entirely within the next three years. Everything he's said suggests he very much wants to try. He should begin by telling the truth about what the 1% have taken from the 99%. That much is certainly within his power to do."


GA State Senator Handcuffed, Arrested, And Jailed For Protesting GOP War On Poor (VIDEO)

www.addictinginfo.org/2014/01/28/back-latest-moral-monday-rally-results-arrests/
"For those interested in voter discrimination in Georgia, it’s interesting to note that a new bipartisan bill in Congress may give a little bit of power back to the Voting Rights Act (VRA).
The new law will only apply to states who have violated federal voting laws at least five times over the past 15 years. The funniest part? Georgia falls under that umbrella with three other states, but Alabama doesn’t. That’s right:  Georgia has progressed so much in voting rights over the past century, they are considered more likely to violate voting rights than the state where the Selma protests gave rise to the VRA. That’s why there’s a Moral Monday movement necessary in the state."

Charts: Unemployment Benefits' Big Bang for the Buck

www.motherjones.com/politics/2014/01/unemployment-benefits-food-stamps-economic-impact
"Beyond helping Americans in need, economists say that programs like unemployment insurance and food stamps generate high returns on investment, especially during recessions. According to data from Moody's Analytics, every dollar spent on a temporary increase in food stamps contributes another $1.67 to the economy. A buck of extended unemployment kicks in $1.49. Compare that with the impact of a corporate tax cut—32 cents on the dollar."

6 Ways Extreme Income Inequality Is Making Your Life Worse

www.thinkprogress.org/economy/2014/01/28/3201741/income-inequality/
"From 1979 to 2007, the top 1 percent of families experienced a 278 percent increase in their real after-tax income, while families in the middle 60 percent saw an increase of less than 40 percent. During this period, many blue collar jobs become automated by advances in technology, American workers started competing against cheaper overseas labor, and the number of workers represented by unions dropped from 20 percent in 1983 to 11 percent today. As the earnings of lower and middle income Americans stalled, however, CEOs — particularly in the financial industry — saw astronomical economic benefits and, thanks to tax changes in the early 2000s, began paying some of the lowest tax rates in the country’s history."

Costs of Privatization Hidden in Plain Sight

Costs of Privatization Hidden in Plain Sight

"Privatization is often sold as providing higher quality services and infrastructure at lower cost. In fact, important costs are regularly overlooked. In other words, services and infrastructure have been privatized, even though keeping them public is the better choice."

Seattle's Socialist City Council Member Gives Up Most of Her Salary

Seattle's Socialist City Council Member Gives Up Most of Her Salary

"Seattle City Councillor Kshama Sawant will take $40,000 after taxes of her $117,000 salary and put the remaining money into a “Solidarity Fund” to support her causes."

Pete Seeger (1919-2014): Peace Activist and Folk Legend Has Died | Common Dreams

Pete Seeger (1919-2014): Peace Activist and Folk Legend Has Died | Common Dreams

"Peace activist, environmentalist, songwriter, and folk legend Pete Seeger died on Monday. He was 94."

Pete Seeger Dies at Age of 94; Obama Remembers His Commitment to Worker and Civil Rights

www.politicususa.com/2014/01/28/president-obama-honors-pete-seegers-commitment-worker-civil-rights.html
"Legendary American folk singer Pete Seeger passed away Monday at the age of 94. Known for songs like “Turn! Turn! Turn! To Everything There Is a Season” and “If I Had a Hammer (The Hammer Song)”, the singer used his music to promote his political and social views, including civil rights, worker rights, and disarmament."

Chris Hedges | The Myth of Human Progress and the Collapse of Complex Societies

Chris Hedges | The Myth of Human Progress and the Collapse of Complex Societies

"The ecosystem is at the same time disintegrating. Scientists from the International Programme on the State of the Ocean, a few days ago, issued a new report that warned that the oceans are changing faster than anticipated and increasingly becoming inhospitable to life. The oceans, of course, have absorbed much of the excess CO2 and heat from the atmosphere. This absorption is rapidly warming and acidifying ocean waters. This is compounded, the report noted, by increased levels of deoxygenation from nutrient runoffs from farming and climate change. The scientists called these effects a “deadly trio” that when combined is creating changes in the seas that are unprecedented in the planet’s history. This is their language, not mine. The scientists wrote that each of the earth’s five known mass extinctions was preceded by at least one [part] of the “deadly trio”—acidification, warming and deoxygenation. They warned that “the next mass extinction” of sea life is already under way, the first in some 55 million years. Or look at the recent research from the University of Hawaii that says global warming is now inevitable, it cannot be stopped but at best slowed, and that over the next 50 years the earth will heat up to levels that will make whole parts of the planet uninhabitable. Tens of millions of people will be displaced and millions of species will be threatened with extinction. The report casts doubt that [cities on or near a coast] such as New York or London will endure."

Elaborate network obscures Koch influence

Saturday, January 25, 2014

JPMorgan Paid $20 Billion in Fines Last Year—So Its Board Is Giving Jamie Dimon a Raise

www.motherjones.com/mojo/2014/01/jpmorgan-jamie-dimon-raise-regulators
"JPMorgan, in many ways, had a miserable 2013. JPMorgan paid $1 billion in fines in the wake of the "London Whale" scandal, in which the bank lost $6 billion on a market-rattling blunder by a trader named Bruno Iksil. The bank also paid $13 billion to settle charges that it'd peddled risky mortgage-backed securities. And it forked over another $2 billion to settle charges for failing to spot Bernie Madoff's ponzi scheme, which Madoff perpetrated largely using JPMorgan accounts. All told, the bank paid out roughly $20 billion in penalties to federal regulators over a slew of screw-ups and failures.
2013 was a rough year for JPMorgan. So why is Dimon getting a raise? The answer, in part, will make your blood boil."

Bailout Architect Runs For California Governor; World Laughs | Common Dreams

Bailout Architect Runs For California Governor; World Laughs | Common Dreams

"Again, this came from a guy who handed out hundreds of billions of dollars of welfare to Wall Street companies, effectively subsidizing the massive compensation packages of Wall Street executives. This same person then went to work for a company that got a fat government contract to help other Wall Street investors unload their bonehead investments on the taxpayer.

Then, after all that rescue money disappeared, Kashkari made the interesting observation that there was not enough left over to pay benefits for other people. So, he effectively said to Americans on benefits, stop being so selfish. Tighten your belts. All of us will suffer otherwise.

This is the person who has now decided to run for Governor of California."

5 Right-Wing Myths About Raising the Minimum Wage, Debunked

www.alternet.org/economy/5-right-wing-myths-about-raising-minimum-wage-debunked
"Corporations like Walmart and McDonalds like the current situation of really low wages at the bottom because it puts more into the pockets of those at the top. So the corporate/conservative machine is grinding out propaganda against raising the minimum wage. Here is a look at six of the most common propaganda points they’re trying to trick us with."

JP Morgan and the income inequality problem

Friday, January 24, 2014

JPMorgan Chase's Jamie Dimon Rewarded With 74% Pay Increase | Common Dreams

JPMorgan Chase's Jamie Dimon Rewarded With 74% Pay Increase | Common Dreams

"JPMorgan Chase CEO Jamie Dimon has been rewarded with a 74% pay increase, despite criminal activities by the company he directed that resulted in $20 billion in penalties last year."

SOTU to focus on issues of income inequality

Wall Street’s Frightening New Plan To Become America’s Landlord

www.thinkprogress.org/economy/2014/01/24/3203471/wall-street-landlord/
"Banks, hedge funds, and private equity firms have been amassing those real estate holdings for a few years now, but their plan for wringing profit out of the rental market is just starting to draw real scrutiny. The New York-based hedge fund Blackstone Group is now the nation’s largest landlord after purchasing over 40,000 foreclosed family homes for the purpose of renting them out."

Karl Rove’s “behemoth” targeted: How his plan to skirt the law could backfire

Karl Rove’s “behemoth” targeted: How his plan to skirt the law could backfire

"So far, Rove has evaded punishment for violating campaign finance laws -- but a new lawsuit may change all that"

Christie officials fire Hurricane Sandy contractor in the dark: Editorial

Christie officials fire Hurricane Sandy contractor in the dark: Editorial

"This is one of those quiet stories that's probably going to turn into a much bigger one."

Feds ratchet up their Christie inquiry

Thursday, January 23, 2014

Low-Wage Workers Have far More Education than They Did in 1968, yet They Make far Less | Economic Policy Institute

Low-Wage Workers Have far More Education than They Did in 1968, yet They Make far Less | Economic Policy Institute

"The minimum wage is 23 percent less than its peak inflation-adjusted value in 1968. This is despite  productivity (how much output can be produced in an average hour of work in the economy) more than doubling in that time period. The low-wage workforce has surely contributed to this rise in economy-wide productivity, since as a group they have far more education now than they did then."

U.S. Attorney subpoenas Christie campaign and GOP State Committee over bridge scandal

U.S. Attorney subpoenas Christie campaign and GOP State Committee over bridge scandal

"The U.S. Attorney for New Jersey has issued a subpoena for documents to both the Christiefor Governor reelection campaign and the New Jersey Republican State Committee, anattorney for both organizations confirmed today."

Why Is The Rent So Damn High?

Why Is The Rent So Damn High?

"Wall Street has a new scheme to keep rents high and money flowing into the pockets of wealthy investors."

Could 40 Million Angry Netflix Users Help Save Net Neutrality? | Common Dreams

Could 40 Million Angry Netflix Users Help Save Net Neutrality? | Common Dreams

"The online video streaming company Netflix—which this week surpassed business world expectations by announcing a surge in viewership with paying membership close to 40 million U.S. customers—may seem like an unlikely ally to grassroots activists and progressive organizations fighting against the nation's largest telecommunications companies in the name of an open and fair internet."

Moyers: NH Rebellion in the Footsteps of Granny D | Common Dreams

Moyers: NH Rebellion in the Footsteps of Granny D | Common Dreams

"What will it take for politicians to acknowledge the corrupting effect money has on our political system? In the tradition of activist Granny D, who marched across the country in 1999, Rootstrikers founder Lawrence Lessig and others who want to save democracy by getting money out of politics are marching across the Granite State this month to bring attention to the issue."

Report: US income inequality among worst in the world

Report: US income inequality among worst in the world

"The wealth gap in the United States is greater than just about every other developed country (OECD says only Chile, Mexico and Turkey are worse)."

Will The GOP Get Away With Its Economic Sabotage? | Common Dreams

Will The GOP Get Away With Its Economic Sabotage? | Common Dreams

"Republicans smell an election opportunity – but only if they can keep the economy down, jobs down and wages down. Most recently to keep people and the economy miserable they filibustered long-term unemployment assistance, and are working to cut back from the meager 26 weeks of assistance the states offer."

11 Jobs Where an Honest Day's Work Earns You Poverty

www.alternet.org/economy/11-jobs-where-honest-days-work-earns-you-poverty?page=0%2C0
"The current minimum wage is a maximum shame on America"

Trickle-Down Economics and Broken Promises

www.americanprogress.org/wp-content/uploads/2013/12/trickledownecon6.pdf
"Americans have seen income inequality rise over the past few decades, yet contrary to long-held trickle-down beliefs that rising inequality is not broadly benefiting society by bringing with it stronger economic growth. The research presented here demonstrates that inequality is not necessary for sustained economic growth and that inequality may actually dampen growth. This flies in the face of a core tenet of trickle-down theory, which errone- ously vouches for the necessity of extreme inequality to generate growth.
As we get a clearer picture of the dangers of income inequality to our economic growth and prosperity, policymakers in Washington will be confronted with a clear choice: to attempt to grow the economy from the top down or from the middle out. Trickle-down economics is severely flawed; for decades, its associated economic policies have gener- ated high levels of inequality, justifying that inequality with faulty logic, and most likely, dampened levels of economic growth."

Wednesday, January 22, 2014

Why Are Republicans Plotting To Sabotage A Crackdown On Tax Evasion?

www.thinkprogress.org/economy/2014/01/22/3191631/fatca-tax-evasion-repeal-rnc/
"The Republican Party is poised to demand the repeal of a law that cracks down on overseas tax dodging, according to Reuters."

Christie scandal grows even more serious

Exclusive: How ALEC serves the right

Why ALEC is so effective

Tale of two GOP governor scandals

Wall Street Regulators Still “Funded at a Level to Fail”

Wall Street Regulators Still “Funded at a Level to Fail”

"In 2011, the government’s Financial Crisis Inquiry Commission issued an exhaustive report on the roots of the 2008 crash. It concluded that lax regulation and the inadequate enforcement of existing regulations lay at the heart of the meltdown."

Charges filed against Virginia governor, wife

Charges for McDonnells turns scandal serious

NJ scandal investigators consolidate effort

Bridge scandal players gather at inauguration

The subtext of Christie’s inauguration

Why ALEC matters

Former VA AG Cuccinelli Gets a Pass on Conflict of Interest in McDonnell Indictments

Former VA AG Cuccinelli Gets a Pass on Conflict of Interest in McDonnell Indictments

"CNN's Crossfire allows former VA Attorney General Ken Cuccinelli to skate on his conflicts of interest in the McDonnell indictments."

Just 85 People Own as Much as Half of the World's Population: This Is a Crime Scene

Just 85 People Own as Much as Half of the World's Population: This Is a Crime Scene

"Oxfam echoes what many have warned: the mega-concentration of the world's financial assets in the hands of so few undermines the very viability of democracy."

Tuesday, January 21, 2014

Why The Heritage Foundation Hired An Activist As Its Chief Economist

www.thinkprogress.org/economy/2014/01/21/3186501/heritage-moore-economist/
"Heritage’s new chief economist is a man who not only doesn’t have an economics Ph.D., but cannot even accurately describe the views of people who do."

Former Virginia Governor And Wife Indicted On 14 Felony Counts Over Gifts Scandal

www.thinkprogress.org/justice/2014/01/21/3188871/mcdonnell-indicted/
"While this marks the first time the former Virginia Attorney General has been on the receiving end of a criminal indictment, this is not McDonnell’s first time under ethical fire: in 2005, he exploited a loophole to evade disclosure requirements, hiding corporate contributors to his AG campaign."

Bob McDonnell, Wife Charged In Gifts Case

www.talkingpointsmemo.com/livewire/bob-mcdonnell-charged
"Days after he left office, former Virginia Gov. Bob McDonnell (R) and his wife, Maureen McDonnell, were charged Thursday in federal court with illegally accepting gifts, trips, and loans from a Virginia businessman and political donor.
The indictment was filed in the U.S. District Court in Richmond, Va., charging them each with 13 federal crimes."

Bob McDonnell, Wife Charged In Corruption Case

Bob McDonnell, Wife Charged In Corruption Case

"Federal charges have been filed against former Virginia governor Bob McDonnell and his wife for taking gifts in exchange for political favors."

Four Years After ‘Citizens United,’ There Is Real Movement to Remove Big Money From Politics | The Nation

Four Years After ‘Citizens United,’ There Is Real Movement to Remove Big Money From Politics | The Nation

"Four years after an activist majority on the United States Supreme Court struck down barriers to the buying of elections by multinational corporations—with the Citizens United v. Federal Election Commission ruling that signaled an intention to dismantle remaining restraints on money in politics—a broad-based movement has emerged to undo the damage done by the Court."

Profits At The Biggest Banks Bounce Back To Post-Crisis Record High

www.thinkprogress.org/economy/2014/01/21/3184401/banks-profits-2013-record/
"The six largest banks made about $76 billion in combined profits in 2013, an annual haul second only to the $82 billion in total profits the banks recorded just before the financial crisis in 2006."

The Global Fight Against Corporate Rule | Common Dreams

The Global Fight Against Corporate Rule | Common Dreams

"Over the past several decades, multinational corporate Goliaths have helped to write and rewrite hundreds of rules skewing tax, trade, investment and other policies in their favor. The extraordinary damage these policies have caused has become increasingly apparent to the communities and governments most directly affected by them. This, in turn, has strengthened the potential of a movement that’s emerging to try to reverse the momentum. But just like David with his slingshot, the local, environmental and government leaders seeking to revise rules to favor communities and the planet must pick their battles carefully."

Meet the Rockefeller Group: The Real Estate Company At the Eye of NJ's Political Storm

www.alternet.org/news-amp-politics/connected-real-estate-corp-eye-nj-scandal
"The Christie administration allegedly pressured Hoboken's mayor over a development project Rockefeller was pushing."

How Wall Street Won the War (And What Happens Next) | Common Dreams

How Wall Street Won the War (And What Happens Next) | Common Dreams

"Consider this: Despite the fact that the bank paid $20 billion in fines in the last year alone, the only two arrests we’ve seen so far at JPMorgan Chase were those of low-level traders who were not U.S. nationals. There has been no systematic investigation of the institutional corruption that led to these enormous payouts, no attempt to determine how widely that corruption spread throughout the organization or how far up it has gone.

Nor are we talking about trivial offenses. The crimes committed at JPMorgan Chase include investor fraud, consumer fraud, perjury, forgery, bribery, violations of sanction laws against countries like Iran and Sudan, illegal foreclosures on active duty service members and their families … The list goes on and on and on.

Oh, we almost forgot: Bernie Madoff.

And yet, instead of truly paying for their sins, senior executives of JPMorgan Chase have continued to get wealthy at taxpayer expense. If that’s “losing a war,” every conqueror since Genghis Khan would have been happy to do the same.

Remember: Banks don’t commit crimes. Bankers do."

Banks Launder Billions in Illegal Cartel Money While Snubbing Legal Marijuana Businesses

www.alternet.org/drugs/banks-launder-billions-illegal-cartel-money-while-snubbing-legal-marijuana-businesses
"Bank of America, Western Union, and JP Morgan, are among the institutions allegedly involved in the drug trade."

GOPers Have Been Throwing Tax Cuts at Billionaires for Decades, While Squeezing the Working Class for Every Penny

www.alternet.org/tea-party-and-right/pattern-clear-gop-will-bend-over-backwards-make-life-better-1-percent-not?page=0%2C0
"Consider the Republicans’ different approach to the estate tax, the minimum wage and jobless benefits."

Christie scandal doubles with new charges

NJ: New accusation, same abuse of power theme

‘Why?’ unanswered in Christie admin pushback

Monday, January 20, 2014

More claims against Christie’s administration

Why Martin Luther King’s Dream Is Still Unfulfilled

www.thinkprogress.org/home/2014/01/20/3175341/mlk-goals-unmet/
"While the civil rights leader changed the conversation around race and justice in the U.S., many of his goals never came to fruition."

As We Celebrate MLK Day… Tomorrow's Anniversary of Citizen's United Reminds Us of Increasing Injustice

www.alternet.org/civil-liberties/we-celebrate-mlk-day-tomorrows-anniversary-citizens-united-reminds-us-increasing
"That shifted remarkably in 1964, with the selection of Barry Goldwater as the GOP presidential candidate. Goldwater and his conservative faction were fiercely hostile toward the liberal policies that had been pursued by Democrats and Republicans alike since the New Deal. With activist government widely popular, though, Goldwaterites decided to try race baiting.
King clearly saw and loudly protested the Republicans’ new racial politics. Until then King had avoided partisanship, but when the tenor of Goldwater’s campaign became evident, King spoke out forcefully: “While not himself a racist, Mr. Goldwater articulates a philosophy which gives aid and comfort to the racists. His candidacy and philosophy will serve as an umbrella under which extremists of all stripes will stand"."

Why Governor Chris Christie and His Aides Belong in Handcuffs

Why Governor Chris Christie and His Aides Belong in Handcuffs

"When will top Christie aide Bridget Anne Kelly face criminal charges for emailing “Time for some traffic problems in Fort Lee,” and doing it from her Yahoo account instead of her work account? When will we see those responsible for maliciously shutting down a critical national thoroughfare face the consequences for a petty, political act that ruined the days of everyone involved in those traffic jams? If the state puts political activists in handcuffs for shutting down bridges, it should do the same to governors and the minions who do their bidding."

Beyond the Dreamer

Beyond the Dreamer

"Martin Luther King Jr. was a great civil rights leader, but to remember him only in this way is to diminish what he was about and what we can learn from him. What stands out—as lessons for our own day and to each of us now—is his growing understanding of the importance of confronting ever-more-fundamental issues, even in the face of challenges from the press, the establishment, and his own religious constituency, to say nothing of those on the Right."

PERRspectives: What's the Difference Between a Medicare Navigator and an Obamacare Navigator?

PERRspectives: What's the Difference Between a Medicare Navigator and an Obamacare Navigator?

"The first numbers on the body count from the Republican sabotage of the Affordable Care Actare just now coming in. Last week, an analysis from Harvard's Theda Skocpol revealed that states that both set up their own health care exchanges and embraced the ACA's expansion of Medicaid are racing toward their enrollment goals, while the reddest of red states which refused to do either are barely moving the needle for their uninsured populations. Now, a George Washington University study shows that states that also passed laws limiting the ability of health care "navigators" to advise customers have severely compromised their residents' ability to gain access to health care."

Three Ways North Carolina Is Screwing Over Its Less Fortunate

Three Ways North Carolina Is Screwing Over Its Less Fortunate

"Here are three of the most alarming stories, as well as conservatives' bogus "justifications" for pulling these stunts"

Winning Warren-Style

Winning Warren-Style

"In the meantime, I think this populist moment is going to see more and more Warren-style candidates at all levels that emerge, excite people, and get elected."

The Shriver Report: A Woman’s Nation Pushes Back from the Brink

www.americanprogress.org/issues/economy/report/2014/01/12/81906/the-shriver-report-a-womans-nation-pushes-back-from-the-brink/

"The most common shared story in our country today is the financial insecurity of American families. Today, more than one in three Americans—more than 100 million people—live in poverty or on the edge of it. Half of all Americans will spend at least a few months churning into and out of poverty during their lifetimes. This economic immobility and inequality is a systemic and pervasive problem that President Barack Obama recently described as “the defining challenge of our time.”
The Shriver Report: A Woman’s Nation Pushes Back from the Brink reveals this national crisis through the eyes of women."

Robert Reich: David Brooks’ Utter Ignorance About Inequality - Truthdig

Robert Reich: David Brooks’ Utter Ignorance About Inequality - Truthdig

"Occasionally David Brooks, who personifies the oxymoron “conservative thinker” better than anyone I know, displays such profound ignorance that a rejoinder is necessary lest his illogic permanently pollute public debate. Such is the case with his New York Times column last Friday, arguing that we should be focusing on the “interrelated social problems of the poor” rather than on inequality, and that the two are fundamentally distinct."

The Global Elite: Rigging the Rules That Fuel Inequality | Common Dreams

The Global Elite: Rigging the Rules That Fuel Inequality | Common Dreams

"The global elite have rigged the rules so that "economic growth looks more like a winner-take-all system" that undermines democracy and threatens future generations with a "cascade of privilege and disadvantage," a new report from Oxfam states."

Attention, Bobbleheads: We're On To You

Attention, Bobbleheads: We're On To You

"We've been beating this drum for a long time, but other entities are noticing some suspicious similarities in the talking points on the Sunday shows."

Report: Hoboken Mayor Met With Federal Prosecutors, Provided Docs

www.talkingpointsmemo.com/livewire/hoboken-mayor-prosecutors
"Hoboken, N.J. Mayor Dawn Zimmer met with federal prosecutors Sunday afternoon, a day after accusing Gov. Chris Christie's (R) allies of threatening to withhold hurricane relief money unless the mayor approved a real estate project that the governor wanted."

New Warren bill could save billions

New Warren bill could save billions

"When banks and other corporations are accused of breaking the law, the government often settles cases instead of going to trial. This would make settlement details public."

4 Money Grabs Show a Few Rich People Are the Ones Getting Wealthier in America

www.alternet.org/economy/4-money-grabs-show-few-rich-people-are-ones-getting-wealthier-america
"Today only the people who already have money can increase their wealth. Congress doesn't seem to recognize, or doesn't care, that the system is horribly distorted in favor of a small group of people who need to do very little to take most of the wealth."

Saturday, January 18, 2014

Mayor: I was told to expedite project to get more Sandy aid

Mayor: Christie camp held Sandy money

Mayor: ‘I have no choice but to come forward’

Pallone: ‘Culture of abuse of power’ in New Jersey

Deconstructing the power structure of New Jersey

Christie Appointee: Give Me Immunity, I Have "Story to Tell" | Common Dreams

Christie Appointee: Give Me Immunity, I Have "Story to Tell" | Common Dreams
"the Port Authority official appointed by New Jersey Gov. Chris Chistie and a man at the heart of the bridge lane closure scandal that has garnered national media attention, says that he "has a story to tell" if authorities are willing to give him immunity against prosecution."

Dollarocracy: Corporate Cash in Politics

Dollarocracy: Corporate Cash in Politics
"The cost of American democracy is the most expensive in the world.
In the 2012 elections billions of dollars were spent on political campaigns.
But there’s a growing consensus that big business and wealthy individuals are buying power."

N.J. lawmakers heading bridge scandal investigation plan to look into Hoboken recovery funds

N.J. lawmakers heading bridge scandal investigation plan to look into Hoboken recovery funds
"The two state lawmakers heading separate investigations into the George Washington Bridge lane closing scandal plan to look into allegations made today that Gov. Chris Christie’s administration held Hurricane Sandy recovery aid to Hoboken hostage to push for a politically connected development project."

Hoboken Mayor: Christie Held Sandy Relief Funds Hostage Over Real Estate Deal

Hoboken Mayor: Christie Held Sandy Relief Funds Hostage Over Real Estate Deal
"We're beginning to see a credible pattern of Christie punishing constituents to get back at elected officials."

Christie, Legislature on Collision Course for Constitutional Showdown

Christie, Legislature on Collision Course for Constitutional Showdown
"Gov. Chris Christie and the Democratic Legislature appeared headed toward a constitutional showdown over the Bridgegate scandal yesterday, as Christie weighed his legal options and Republicans questioned the partisanship of an Assembly committee that issued 20 subpoenas to targets that included some of the highest-ranking members of Christie’s inner circle."

Subpoenas hint at NJ investigation’s focus

Lawyers to put investigation’s rigor to test

Lawyers, deals could alter NJ scandal case

David Wildstein will talk ... for immunity

Friday, January 17, 2014

Brazen Enough to Gut Public Education, Governor Cowers as Students Protest | Common Dreams

Brazen Enough to Gut Public Education, Governor Cowers as Students Protest | Common Dreams
"Pennsylvania Republican Governor Tom Corbett was slated Friday to make his first ever appearance in a Philadelphia public school since he took the state's helm in 2011.
Yet when he found out he would be met with mass protests from the students and workers whose public education system has been gutted under his watch, he backed out of the event, instead "honoring" Central High School for its top performance from his office in downtown Philadelphia."

Bernie Sanders rips Walmart: Why should taxpayers subsidize ‘starvation wages’?

www.rawstory.com/rs/2014/01/17/bernie-sanders-rips-walmart-why-should-taxpayers-subsidize-starvation-wages/
"Sen. Bernie Sanders (I-VT) demanded that a panel of experts justify why America’s shrinking middle class should continue to subsidize the nation’s wealthiest family in a heated exchange Thursday during a congressional panel."

Elizabeth Warren Absolutely Hammers Right-Wing Partisan Games and Blatant Obstruction

www.forwardprogressives.com/elizabeth-warren-absolutely-hammers-right-wing-partisan-games-and-blatant-obstruction/
"And she’s absolutely right. All we’ve seen since 2010 (and even before that) is Republicans try to block and oppose anything and everything proposed by President Obama and Democrats.
Their blatant obstruction has gotten so bad that many liberals have joked that if President Obama came out in favor of oxygen, Republicans would suffocate."

Fox Doesn't Believe In Income Inequality But Still Blames Obama For It

www.mediamatters.org/blog/2014/01/16/fox-doesnt-believe-in-income-inequality-but-sti/197621
"Fox News personalities have repeatedly attempted to downplay income inequality, claiming that it doesn't exist, that it is unfixable, or that it's a distraction from other issues."

New Mayor Of New York City’s First Move Is To Give Nearly Every Worker Paid Sick Days

www.thinkprogress.org/economy/2014/01/17/3177921/blasio-paid-sick-leave/
"But it’s not all good news. Conservative-leaning states including Michigan and Mississippi, led by the conservative legislation-crafting group the American Legislative Exchange Council (ALEC), are creating so-called “pre-emption” laws that limit the ability of a given municipality to pass its own sick leave legislation.
Sick leave laws have proven to been good for both business and public health. Where paid sick leave is lacking, low-income people are most likely to be effected. Eighty percent of low-income workers can’t take a paid day off if they or their families get sick."

WSJ Hides Conflict Of Interest In Campbell Brown's Latest Teacher Union Smear

www.mediamatters.org/blog/2014/01/17/wsj-hides-conflict-of-interest-in-campbell-brow/197645
"The Wall Street Journal published an op-ed by former CNN anchor Campbell Brown that misleadingly accused teacher unions of "making it more difficult to protect children from molesters" and failed to disclose that Brown's husband is a board member of an anti-teacher union organization."

Alabama's Corrupt Politics Strand Blogger In Jail -- Indefinitely

Alabama's Corrupt Politics Strand Blogger In Jail -- Indefinitely
"Blogging in Alabama can be hazardous to your health if you're not a Republican"

Subpoenas continue to flow to Chris Christie insiders in GWB investigation

Subpoenas continue to flow to Chris Christie insiders in GWB investigation
"The list of high-level Port Authority and Christie administration officials who received subpoenas from newly formed state Assembly panel investigating the George Washington Bridge scandal includes the governor's incoming chief of staff and his communications director, according to two sources close to the investigation."

Gov. Chris Christie's Hiring Of High Powered Defense Attorney Raises New Questions

Gov. Chris Christie's Hiring Of High Powered Defense Attorney Raises New Questions
"On the day that the New Jersey Assembly voted to investigate the Bridgegate scandal, Gov. Chris Christie hired a high powered defense attorney to supposedly review and assist their investigation. Do you really believe that?"

8 Phony GOP Solutions for Poverty That Will Only Bring More Economic Pain

www.alternet.org/economy/8-phony-gop-solutions-poverty-will-only-bring-more-economic-pain
"Republicans are whipping out "compassionate conservatism" again, in an attempt to rebrand themselves as something other than the harsh, anti-poor, anti-women, anti-minority, anti-gay, anti-everything wingnuts they have been showing us they are. It's a strategy Republicans default to when they've taken things to such an extreme that the country is revolted. And here we are with Republicans pretending to have proposals geared toward fighting poverty instead of just boosting the fortunes of those who already have huge fortunes."

Answers in the offing, NJ subpoenas issued

Thursday, January 16, 2014

Here come the subpoenas...

What Ailes’ biographer found out at FOX News

Millionaire Former Heinz CEO Helps Cavuto Spread Lies About Raising Minimum Wage

Millionaire Former Heinz CEO Helps Cavuto Spread Lies About Raising Minimum Wage
"USA Today's "$212 million man" doesn't think we should pay workers a living wage."

75 Economists Including 7 Nobel Laureates Endorse Senate Bill to Raise Minimum Wage

Dr. King’s Nightmare | Common Dreams

Dr. King’s Nightmare | Common Dreams
"The wealth possessed by our nation's 400 richest billionaires is equal to the collective net worth of all African-American households."

America's real welfare queens...

How Walmart Organizers Turned the Internet Into a Shop Floor

www.inthesetimes.com/article/16116/how_walmart_organizers_turned_the_internet_into_a_shop_floor/
"Of the estimated 1,500 Walmart protests that  occurred across the country on Black Friday last year, many were planned online, organized either directly by OUR Walmart or using its templates and tools. Much of that turnout came from the kind of efforts that have become commonplace in recent years—creating Facebook event pages, for example, or posting links to event websites on Twitter.
But some of the campaign's efforts are decidedly more innovative."

Leaked Docs Expose Walmart's Guides to Stomp Out Worker Mobilization | Common Dreams

Leaked Docs Expose Walmart's Guides to Stomp Out Worker Mobilization | Common Dreams
"Leaked internal documents reveal Walmart's attempts to stop workers from mobilizing for fair wages and decent workplace conditions."

Scandal Emails Raise Questions About Christie's Trash-Talking Mouthpiece

www.talkingpointsmemo.com/muckraker/drewniak-christie-scandal
"Thanks to the release last week of thousands of pages of documents connected to the George Washington Bridge lane closures, many people outside New Jersey politics have now learned who Drewniak is, too, while also learning a few things about his use of invective."

Here’s Walmart’s Internal Guide To Fighting Unions And Monitoring Workers

www.thinkprogress.org/economy/2014/01/16/3171251/walmart-leaked-powerpoint-unions/
"Walmart workers currently make an average of $8.81 per hour, more than 25 percent less than at similar retailers, and the majority make less than $25,000. Taxpayers subsidize those low wages and poor benefits. A single 300-worker Walmart store accounts for between $900,000 and $1.7 million per year in public benefits costs for its workers.
By contrast, one of the company’s primary competitors, Costco, pays an average wage of $21.96 and enrolls nearly all of its workers in benefits programs. It reported a quarterly profit of $459 million last spring and of $617 million last summer."

Christie’s Jam Is Also the GOP’s | The Nation

Christie’s Jam Is Also the GOP’s | The Nation
"He’s not the only Republican governor who has abused his office to destroy political enemies."

'Largest in US History': NYPD to Pay $18 Million to Mistreated RNC Protesters | Common Dreams

'Largest in US History': NYPD to Pay $18 Million to Mistreated RNC Protesters | Common Dreams
"It is reportedly the largest civil rights settlement for mass arrests in U.S. history.

Yet, some protesters say the city of New York's agreement to pay $18 million to settle civil rights litigation from hundreds of protesters at the 2004 Republican National Convention is bittersweet."

A $15 Minimum Wage In Los Angeles Could Create 64,700 Jobs

www.thinkprogress.org/economy/2014/01/16/3171441/15-minimum-wage-jobs/
"Raising the minimum wage to $15 an hour in Los Angeles could stimulate the city’s economy enough to create 64,700 jobs, according to a study from the Economic Roundtable released by the Los Angeles County Federation of Labor."

Progressives Shaking Things Up in the South: Moral Monday Georgia and Truthful Tuesday South Carolina Commence

www.alternet.org/activism/progressives-shaking-things-south-moral-monday-georgia-and-truthful-tuesday-south-carolina
"The Moral Monday Georgia kickoff was followed Tuesday by a statehouse rally in South Carolina dubbed Truthful Tuesday. Franzen says that members of the Truthful Tuesday coalition were part of a convergence of organizers from several states, including Georgia, that recently met in North Carolina to discuss building the moral movement.
As Georgia and South Carolina’s campaigns get off the ground, Rev. William Barber is embarking on a statewide tour in North Carolina to drum up support for an annual people’s assembly in Raleigh. For the past seven years, citizens from across the state have flocked to the capital on the second Saturday of February, building the momentum that led to the Moral Monday protests."

Trouble for Wal-Mart: Mega-giant accused by U.S. government of illegally firing workers across the country

Trouble for Wal-Mart: Mega-giant accused by U.S. government of illegally firing workers across the country
"Wal-Mart illegally disciplined, threatened, and surveilled workers – including unlawfully firing nineteen people – according to a complaint released by the National Labor Relations Board Wednesday afternoon."

Elizabeth Warren: This is the Moment to Fight Back on the Economy

Elizabeth Warren: This is the Moment to Fight Back on the Economy
"Sen. Elizabeth had a fiery response to the Republicans and their continued obstruction of anything and everything President Obama has tried to do to get our economy moving again, and on their refusal to extend unemployment benefits on this Wednesday's Now With Alex Wagner."

Gov. Christie and David Koch in Cahoots? It's Time to Subpoena the Committee for Our Children's Future

Gov. Christie and David Koch in Cahoots? It's Time to Subpoena the Committee for Our Children's Future
"Christie told the billionaires that The Lord Himself had anointed them to rule America - if only the moochers would stop torturing them with stupid environmental rules and taxes."

Panel investigating bridge scandal enlists Rod Blagojevich prosecutor; subpoenas coming soon

Panel investigating bridge scandal enlists Rod Blagojevich prosecutor; subpoenas coming soon
"In what is widely seen as a serious sign, an Assembly committee that will officially be formed today plans to hire Reid Schar, the former federal prosecutor who put Illinois Gov. Rod Blagojevich behind bars."

I Had a Middle Class Job and I Still Ended Up on Food Stamps at 60

www.alternet.org/i-had-middle-class-job-and-i-still-ended-food-stamps-60
"Welcome to the new reality of the working poor."

Wednesday, January 15, 2014

75 Economists Including Seven Nobel Laureates Endorse Senate Bill to Raise Minimum Wage

75 Economists Including Seven Nobel Laureates Endorse Senate Bill to Raise Minimum Wage
"$10.10 an hour minimum wage increase shows an improvement but is still not a living wage, which would be twice the poverty rate at $12 an hour."

Warren: This is the moment to fight back on economy

What does David Samson know?

Will bridge scandal take down Jersey politics

Hope fades for long-term unemployed

Port Authority chairman in scandal spotlight