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All posts by New York Times
by New York Times - November 6th, 2009
by Cyrus Sanati at New York Times | November 6 2009
Senator Bernard Sanders, the Vermont independent, is taking aim at banks that are considered too big to fail. He introduced legislation on Friday that would force the Treasury Department to break up all financial institutions whose failure could cause a major disruption to the nation’s financial system.
“If an institution is too big to fail, it is too big to exist,” Mr. Sanders said in a statement. “We should end the concentration of ownership that has resulted in just four huge financial institutions holding half the mortgages in America, controlling two-thirds of the credit cards and amassing 40 percent of all deposits.”
The four banks cited by Mr. Sanders are Citigroup, Bank of America, Wells Fargo and JPMorgan Chase. Three of those banks have made major acquisitions as a result of the financial crisis. But Citigroup, which received a $45 billion government bailout, is in the process of selling off nonbanking assets.
Mr. Sanders’s legislation would give Treasury Secretary Timothy F. Geithner 90 days to compile a list of commercial banks, investment banks, hedge funds and insurance companies that he deems too big to fail or “any entity that has grown so large that its failure would have a catastrophic effect on the stability of either the financial system or the United States economy without substantial government assistance.”
Within one year after the legislation became law, the Treasury Department would be required to break up those banks, insurance companies and other financial institutions identified by the secretary.
The bill has no co-sponsors, but Mr. Sanders told DealBook that support would be coming. “I have talked to a number of senators and I think that there will be support,” he said.
But Mr. Sanders acknowledged that he had yet to talk to Senator Christopher J. Dodd, the Connecticut Democrat who is chairman of the Senate Banking Committee and set to introduce the Senate’s version of the financial overhaul bill next week.
American banks have argued that they need to be large to compete with other big banks overseas. They contend that the larger the bank, the greater its ability to back major projects around the world. But Mr. Sanders is no longer buying that argument.
“I have heard that lie for 16 years,” Mr. Sanders said. “They were wrong. We deregulated them, and they caused the greatest financial crisis in the modern history of America.”
Mr. Sanders, who has described himself as a socialist, sees a need to go after investment banks like Goldman Sachs and Morgan Stanley, as well as commercial banks.
“Goldman Sachs has done irreparable harm to this economy,” Mr. Sanders said. “Let them gamble without any support from the federal government. That they are getting insured” — through implicit government assurances — “is beyond comprehension.”
by New York Times - October 21st, 2009
by Maria Newman at New York Times | October 21 2009
MoveOn.org has created a new ad in support of the public option that features a fit Heather Graham in running clothes, sprinting against overindulgent insurance company representatives.
The ad will appear on national cable television and on the Internet, although the organization says it does not know yet in what markets.
MoveOn says the ad is part of a week-long campaign to counter messages from insurance companies and its lobbying group, AHIP, against the public option. “It reinforces the message that the public option is the best way to lower costs for American families and keep private insurance companies honest,” MoveOn said in a statement.
In the Heather Graham ad, several insurance representatives are standing at a running track, one of them stuffing his face with a huge sandwich, and another one pouring champagne from a bottle into his mouth. Ms. Graham, the only one in running clothes, stretches at the starting line before twisting her body into what appear to be some serious yoga poses, and then she takes off running down the track, with the startled looking insurance people soon taking off after her.
A voiceover says about the public option:
Some in Washington say this is unfair competition. But competition is as American as apple pie.
MoveOn joins a list of other organizations taking to the airwaves on cable and the Internet to encourage more public support for the public option.
As Congress starts to pare down what will be in the final health bill, several groups have been creating ads that feature well-known people. One, by Brave New Films, features Robert Reich, secretary of labor in the Clinton administration, who says the public option plan is “not very scary or complicated.”
by New York Times - August 29th, 2009
by James Dao at New York Times | August 29 2009
A restive antiwar movement, largely dormant since the election of Barack Obama, is preparing a nationwide campaign this fall to challenge the administration’s policies on Afghanistan.
Anticipating a Pentagon request for more troops there, antiwar leaders have engaged in a flurry of meetings to discuss a month of demonstrations, lobbying, teach-ins and memorials in October to publicize the casualty count, raise concerns about the cost of the war and pressure Congress to demand an exit strategy.
But they face a starkly changed political climate from just a year ago, when President George W. Bush provided a lightning rod for protests. The health care battle is consuming the resources of labor unions and other core Democratic groups. American troops are leaving Iraq, defusing antiwar sentiments in some quarters. The recession has hurt fund-raising for peace groups and forced them to slash budgets. And, perhaps most significant, many liberals continue to support Mr. Obama, or at least are hesitant about openly criticizing him.
“People do not want to take on the administration,” said Jon Soltz, chairman of VoteVets.org. “Generating the kind of money that would be required to challenge the president’s policies just isn’t going to happen.”
Tom Andrews, national director for an antiwar coalition, Win Without War, said most liberals “want this guy to succeed.” But he said the antiwar movement would try to convince liberals that a prolonged war would undermine Mr. Obama’s domestic agenda. Afghanistan, he said, “could be a devastating albatross around the president’s neck.”
But there is also a sense among some antiwar advocates that Mr. Obama’s honeymoon with Democrats in general and liberals in particular is ending. As evidence, they point to a recent Washington Post/ABC News poll showing that 51 percent of Americans now feel the war in Afghanistan is not worth fighting, a 10-point increase since March. The poll had a margin of sampling error of plus or minus three percentage points.
“We’re coming out of a low period,” said Medea Benjamin, co-founder of the antiwar group Code Pink. “But as progressives feel more comfortable protesting against the Obama administration and challenging Democrats as well as Republicans in Congress, then we’ll be back on track.”
The Obama administration has opposed legislation requiring an exit strategy, saying it needs time to develop new approaches to the war. “Given his own impatience for progress, the president has demanded benchmarks to track our progress and ensure that we are moving in the right direction,” a White House official said, speaking on condition of anonymity.
The October protest schedule is expected to include marches in Washington and elsewhere. But organizers acknowledge that it may be difficult to recruit large numbers of demonstrators. So groups like United for Peace and Justice are also planning smaller events in communities around the country, including teach-ins with veterans and families of deployed troops, lobbying sessions with members of Congress, film screenings and ad hoc memorials featuring the boots of deceased soldiers and Marines.
“There are some that feel betrayed” by Mr. Obama, said Nancy Lessin, a founder of the group Military Families Speak Out. “There are some who feel that powerful forces are pushing the president to stay on this course and that we have to build a more powerful movement to change that course.”
The October actions will be timed not only to the eighth anniversary of the first American airstrikes on Taliban forces and the seventh anniversary of Congressional authorization for invading Iraq, but also an anticipated debate in Congress over sending more troops to Afghanistan. Gen. Stanley A. McChrystal, the commander of American forces in Afghanistan, is widely expected to request additional troops, beyond the 68,000 projected for the end of the year, after finalizing a policy review in the next few weeks.
The antiwar movement consists of dozens of organizations representing pacifists, veterans, military families, labor unions and religious groups, and they hardly speak with one voice. Some groups like Iraq Veterans Against the War have started shifting their focus toward Afghanistan, passing resolutions demanding an immediate withdrawal of troops from there. Others, like VoteVets.org, support the American military presence in Afghanistan, calling it crucial to fighting terrorism.
And some groups, including Moveon.org, have yet to take a clear position on Afghanistan beyond warning that war drains resources from domestic programs.
“There is not the passion around Afghanistan that we saw around Iraq,” said Ilyse Hogue, Moveon.org’s spokeswoman. “But there are questions.”
There are also signs that some groups that have been relatively quiet on Afghanistan are preparing to become louder. U.S. Labor Against the War, a network of nearly 190 union affiliates that has been focused on Iraq, is “moving more into full opposition to the continuing occupation” of Afghanistan, said Michael Eisenscher, the group’s national coordinator.
“President Obama risks his entire domestic agenda, just as Johnson did in Vietnam, in pursuing this course of action in Afghanistan,” Mr. Eisenscher said.
Handfuls of antiwar protestors can still be seen on Capitol Hill, outside state office buildings and around college campuses. Cindy Sheehan, for instance, has set up her vigil on Martha’s Vineyard while Mr. Obama vacations there. But many advocates say a lower-key approach may be more effective in winning support right now.
An example of that strategy is an Internet film titled “Rethink Afghanistan,” which is being produced and released in segments by the political documentary filmmaker Robert Greenwald. In six episodes so far, Mr. Greenwald has used interviews with academics, Afghans and former C.I.A. operatives to raise questions about civilian casualties, women’s rights, the cost of war and whether it has made the United States safer.
The episodes, some as short as two minutes, are circulated via Twitter, YouTube, Facebook and blogs. Antiwar groups are also screening them with members of Congress. Mr. Greenwald, who has produced documentaries about Wal-Mart and war profiteers, said the film represented a “less incendiary” approach influenced by liberal concerns that he not attack Mr. Obama directly.
“We lost funding from liberals who didn’t want to criticize Obama,” he said. “It’s been lonely out there.”
Code Pink is trying to build opposition to the war among women’s groups, some of which argue that women will suffer if the Taliban returns. In September, a group of Code Pink organizers will visit Kabul to encourage Afghan women to speak out against the American military presence there.
And Iraq Veterans Against the War is using the Web to circulate episodes of a documentary, “This Is Where We Take Our Stand,” filmed in 2008 at its Winter Soldier conference, at which veterans from Iraq and Afghanistan testified about civilian casualties, combat stress and other tolls of the wars.
The group’s leaders say they do not expect many people to take to the barricades against the administration any time soon. But that will change, they argue, as the death toll continues to rise.
“In the next year, it will more and more become Obama’s war,” said Perry O’Brien, president of the New York chapter of Iraq Veterans Against the War. “He’ll be held responsible for the bloodshed.”
by New York Times - April 29th, 2009
 You’ve heard the complaints from pension funds. You’ve seen the demands from unions. Now watch the video.
Ahead of Bank of America’s annual meeting on Wednesday, the activist filmmaker Robert Greenwald is helping lead the charge to fire Kenneth D. Lewis, the bank’s embattled chief executive.
Mr. Greenwald, who has made films critical of Wal-Mart, John McCain, Rupert Murdoch and the wars in Iraq and Afghanistan, has produced a video demanding Mr. Lewis’s ouster and is distributing it on YouTube. The video, narrated by Robert B, Reich, the labor secretary under President Bill Clinton, portrays Mr. Lewis as the poster boy of corporate greed and incompetence.
The video is basically a collection of clips from news reports critical of Mr. Lewis and Bank of America for government bailouts, billions of dollars in bonuses, the Merrill Lynch purchase, high credit rates and anti-union advocacy. Interspersed between them, Mr. Greenwald repeatedly proclaims his message: “Fire Ken Lewis!”
That message has resonated with some big shareholders of Bank of America. Calpers, the huge California public pension fund, said Tuesday that it was voting against re-electing Mr. Lewis and the rest of the bank’s board. The fund joins Calstrs, the California teachers retirement fund, and several other state and union pension funds in opposing Mr. Lewis.
Two influential investor advisory groups, the RiskMetrics Group and Glass Lewis, have also recommended voting against Mr. Lewis.
Go to Video from Robert Greenwald via YouTube »
by New York Times - March 22nd, 2009
rethinkafghanistan.com
A scene from “Rethink Afghanistan,” Robert Greenwald’s latest public policy documentary.
Published: March 22, 2009
The activist filmmaker Robert Greenwald has tried for years to speed up the production process for his documentaries. Now, he says, he is creating one he can release almost immediately, in stages.
Mr. Greenwald is showing “Rethink Afghanistan,” a skeptical view of America’s war strategies, in five parts on the Internet, with the implied hope that it will contribute to the foreign policy debate. With the first two parts of the film already online, he arrived in Afghanistan on Sunday to conduct more interviews for what he calls his first “real-time documentary.”
Mr. Greenwald is well known in some progressive circles for his films about war profiteers, Wal-Mart’s corporate practices, and the Fox News Channel. His company, Brave New Films, uses documentary expertise to mount political campaigns, including a YouTube series last year about John McCain and what the company called “the politics of hate.”
“Rethink Afghanistan” is being shaped both as a film and a campaign at the same time. Mr. Greenwald is already posting installments on the film’s Web site, RethinkAfghanistan.com, and also on YouTube. It will eventually be stitched together into a full-length feature. As he has done in the past, Mr. Greenwald will take his finished film to the public using a mixture of DVD sales and house parties. He said he also expected to receive some theatrical distribution.
“We will keep adjusting it as events in the news change and as policy changes,” Mr. Greenwald said in an telephone interview last week before he departed for Kabul, the Afghan capital. The film’s Web site asks supporters to call for oversight hearings on the United States policy in the region.
By producing his film-and-activism campaign at an accelerated pace on the Internet, Mr. Greenwald is capitalizing on new technology that allows filmmakers to produce their work more swiftly.
Timeliness is of the essence in releasing a documentary about public policy. Films like Michael Moore’s “Fahrenheit 9/11” have chronicled events that took place within a year of their release. But Mr. Greenwald, a longtime television and feature film director, said that as he spent more time in the documentary realm, he realized that even the one-year turnaround seemed too long for his films.
In June 2003, when he started “Uncovered: The War on Iraq,” a documentary about the reasons for the war, Wes Boyd, a co-founder of the liberal group MoveOn.org, asked Mr. Greenwald whether the project could be completed in a month. That, he said, was when the time question first really hit him.
It wound up taking five months to finish a short version of the documentary, and a longer version of “Uncovered” was produced for theaters and film festivals by mid 2004. Over the years, Mr. Boyd said, Mr. Greenwald “has done a remarkable job in ramping up production speed, overall capacity, and quality.”
It helps that the Internet increasingly serves as a global distributor for video. No distributor “moves at the speed of YouTube,” Mr. Greenwald said.
His current subject, Afghanistan, is especially time sensitive. President Obama has already ordered 17,000 more troops to the country and is on the verge of outlining a new strategy. Given that backdrop, “it didn’t seem to make sense to make a film that would come out even six months from now,” Mr. Greenwald said.
The first part of the film, a 12-minute section titled “More Troops + Afghanistan = Catastrophe,” reflects the filmmaker’s opposition to a troop escalation. The second part examines the role that Pakistan plays in the region. Editing of the second part continued until moments before it was uploaded to YouTube on Thursday.
Later parts will address the other issues, including casualties and terrorism. Mr. Greenwald said the chapters of the film would seek to raise a series of questions about the war in Afghanistan: “How many troops? How long? How much is this going to cost? What is the end mission?” In Afghanistan he plans to interview Afghan politicians, former Taliban officials and members of the country’s peace movement.
While he is there, he plans to record video blogs with updates about his trip. Meanwhile, back in California, his production staff will be working on Part 3 of the film.
Owing to the shoe-string nature of operation, the production company is also asking for donations for the trip, even as it takes place. “It’s an interesting juggling act, Mr. Greenwald said, “between researching to find people, interviewing the people, editing the pieces, seeing what is happening in the news — and raising funds at the same time”
by New York Times - November 14th, 2008
From Virginia Heffernan at The New York Times
During the presidential election, YouTube turned from a hectic mosaic of weird video clips to a first-stop source for political everything. Every gotcha moment, spoof, pundit’s musing, TV clip, campaign speech, formal ad and handmade polemic cropped up there. Star posters like Brave New Films, Barely Political and Talking Points Memo TV emerged; they cranked out parody and propaganda much faster than the campaigns themselves. Was YouTube just a new place to envision an election that would have gone the same way without it? Or does the unpredictable new form of online video carry its own ideology — a new message to go with a new medium? Continue reading →
by New York Times - September 25th, 2008
From Jim Rutenberg at The New York Times
Two liberal groups – one of them directed by a brother of the Democratic Party chairman Howard Dean – will begin running a graphic attack advertisement Thursday morning raising questions about Senator John McCain’s health. Showing vivid and unflattering images of the fresh scar that appeared on Senator McCain’s face immediately after his last operation for melanoma skin cancer eight years ago, the commercial ends with a screen headline that reads, “Why won’t John McCain release his medical records?” (Mr. McCain, 72, did invite a limited group of reporters to inspect more than 1,100 pages of his medical records in May, though he gave them only a three-hour window in which to review the documents.)
Continue reading →
by New York Times - September 24th, 2008
by New York Times - September 23rd, 2008
From Brian Stelter at The New York Times (International)
Michael Moore, the political provocateur behind the films “Fahrenheit 9/11″ and “Sicko,” is releasing a new film Tuesday. But you will not be able to find “Slacker Uprising” at any theater.
Instead he is placing the film on the Internet for free viewing, at SlackerUprising.com. Moore said the unorthodox rollout is a gift to his fans and a rallying cry for the coming election.
“At times there’s nothing wrong with preaching to the choir,” he said in a telephone interview from his office in Traverse City, Michigan Liberals have been “pretty beaten down over the last 28 years.”
Continue reading →
by New York Times - September 2nd, 2008
From Kate Phillips at the New York Times
ST. PAUL — Senator Joseph I. Lieberman’s speech tonight will likely be a testament to his deep alliance and friendship with Senator John McCain, but it also will likely fray even further — if not sever — his longstanding affiliation with the Democratic Party.
The Democrat-turned-independent senator from Connecticut had continued to caucus with Democrats in their most recent session before the summer break. And just last week Majority Leader Senator Harry Reid told the Las Vegas Review Journal that he was still resistant to the clamor from Democrats and liberal bloggers at sites like Liebermanmustgo.com to kick Mr. Lieberman out of his Democratic Senate positions.
“All my close votes, he’s always with me, whether it’s the budget or energy issues,” Mr. Reid Continue reading →
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