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FOCUS: Flashback to 13 Years Ago: My Statement Opposing the Iraq War Print
Written by <a href="index.php?option=com_comprofiler&task=userProfile&user=15102"><span class="small">Bernie Sanders, Reader Supported News</span></a>   
Monday, 12 October 2015 10:27

Sanders writes: "I am concerned about the problems of so-called unintended consequences. Who will govern Iraq when Saddam Hussein is removed and what role will the U.S. play in ensuing a civil war that could develop in that country? Will moderate governments in the region who have large Islamic fundamentalist populations be overthrown and replaced by extremists?"

Bernie Sanders. (photo: Getty Images)
Bernie Sanders. (photo: Getty Images)


Flashback to 13 Years Ago: My Statement Opposing the Iraq War

By Bernie Sanders, Reader Supported News

12 October 15

 

hirteen years ago, on October 9, 2002, I made the following statement on the floor of the House of Representatives:


Mr. Speaker, I thank my friend from New Jersey for yielding me this time.

Mr. Speaker, I do not think any Member of this body disagrees that Saddam Hussein is a tyrant, a murderer, and a man who has started two wars. He is clearly someone who cannot be trusted or believed. The question, Mr. Speaker, is not whether we like Saddam Hussein or not. The question is whether he represents an imminent threat to the American people and whether a unilateral invasion of Iraq will do more harm than good.

Mr. Speaker, the front page of The Washington Post today reported that all relevant U.S. intelligence agencies now say, despite what we have heard from the White House, that "Saddam Hussein is unlikely to initiate a chemical or biological attack against the United States." Even more importantly, our intelligence agencies say that should Saddam conclude that a U.S.-led attack could no longer be deterred, he might at that point launch a chemical or biological counterattack. In other words, there is more danger of an attack on the United States if we launch a precipitous invasion.

Mr. Speaker, I do not know why the President feels, despite what our intelligence agencies are saying, that it is so important to pass a resolution of this magnitude this week and why it is necessary to go forward without the support of the United Nations and our major allies including those who are fighting side by side with us in the war on terrorism.

But I do feel that as a part of this process, the President is ignoring some of the most pressing economic issues affecting the well-being of ordinary Americans. There has been virtually no public discussion about the stock market's loss of trillions of dollars over the last few years and that millions of Americans have seen the retirement benefits for which they have worked their entire lives disappear. When are we going to address that issue? This country today has a $340 billion trade deficit, and we have lost 10 percent of our manufacturing jobs in the last 4 years, 2 million decent-paying jobs. The average American worker today is working longer hours for lower wages than 25 years ago. When are we going to address that issue?

Mr. Speaker, poverty in this country is increasing and median family income is declining. Throughout this country family farmers are being driven off of the land; and veterans, the people who put their lives on the line to defend us, are unable to get the health care and other benefits they were promised because of government underfunding. When are we going to tackle these issues and many other important issues that are of such deep concern to Americans?

Mr. Speaker, in the brief time I have, let me give five reasons why I am opposed to giving the President a blank check to launch a unilateral invasion and occupation of Iraq and why I will vote against this resolution. One, I have not heard any estimates of how many young American men and women might die in such a war or how many tens of thousands of women and children in Iraq might also be killed. As a caring Nation, we should do everything we can to prevent the horrible suffering that a war will cause. War must be the last recourse in international relations, not the first. Second, I am deeply concerned about the precedent that a unilateral invasion of Iraq could establish in terms of international law and the role of the United Nations. If President Bush believes that the U.S. can go to war at any time against any nation, what moral or legal objection could our government raise if another country chose to do the same thing?

Third, the United States is now involved in a very difficult war against international terrorism as we learned tragically on September 11. We are opposed by Osama bin Laden and religious fanatics who are prepared to engage in a kind of warfare that we have never experienced before. I agree with Brent Scowcroft, Republican former National Security Advisor for President George Bush, Sr., who stated, "An attack on Iraq at this time would seriously jeopardize, if not destroy, the global counterterrorist campaign we have undertaken."

Fourth, at a time when this country has a $6 trillion national debt and a growing deficit, we should be clear that a war and a long-term American occupation ofIraq could be extremely expensive.

Fifth, I am concerned about the problems of so-called unintended consequences. Who will govern Iraq when Saddam Hussein is removed and what role will the U.S. play in ensuing a civil war that could develop in that country? Will moderate governments in the region who have large Islamic fundamentalist populations be overthrown and replaced by extremists? Will the bloody conflict between Israel and the Palestinian Authority be exacerbated? And these are just a few of the questions that remain unanswered.

If a unilateral American invasion of Iraq is not the best approach, what should we do? In my view, the U.S. must work with the United Nations to make certain within clearly defined timelines that the U.N. inspectors are allowed to do their jobs. These inspectors should undertake an unfettered search for Iraqi weapons of mass destruction and destroy them when found, pursuant to past U.N. resolutions. If Iraq resists inspection and elimination of stockpiled weapons, we should stand ready to assist the U.N. in forcing compliance.



Reader Supported News is the Publication of Origin for this work. Permission to republish is freely granted with credit and a link back to Reader Supported News.

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Obama's Two-Faced Foreign Policy Print
Monday, 12 October 2015 08:32

Parry writes: "Today's Democrats are not able to formulate a foreign policy argument that separates enlightened American interests from imperialist adventures."

President Barack Obama, seen boarding Air Force One prior to his departure from Los Angeles International Airport on Saturday. (photo: Pablo Martinez Monsivais/AP)
President Barack Obama, seen boarding Air Force One prior to his departure from Los Angeles International Airport on Saturday. (photo: Pablo Martinez Monsivais/AP)


Obama's Two-Faced Foreign Policy

By Robert Parry, Consortium News

12 October 15

 

President Obama’s Syrian strategy is getting roundly denounced as incoherent, which – while true – is really a reflection of his failure to fully break with neocon-style interventionism even when he realizes the futility of the strategy, writes Robert Parry.

he mystery of the Obama administration’s foreign policy has always been whether President Barack Obama has two separate strategies: one “above the table” waving his arms and talking tough like Official Washington’s arm-chair warriors do – and another “below the table” where he behaves as a pragmatic realist, playing footsy with foreign adversaries.

From the start, Obama surrounded himself with many hawkish advisers – such as Defense Secretary Robert Gates, Secretary of State Hillary Clinton, Gen. David Petraeus, National Security Council aide Samantha Power, etc. – and mostly read the scripts that they wrote for him. But then he tended to drag his feet or fold his arms when it came to acting on their warmongering ideas.

Friday’s decision to tank the hapless $500 million training program for “moderate” Syrian rebels is a case in point. Obama joined in the hyperbolic rhetoric against Syrian President Bashar al-Assad, lining up with the neocons and liberal interventionists demanding “Assad must go,” but Obama has remained unenthusiastic about their various wacky schemes for overthrowing Assad.

In 2012, Obama resisted plans from Petraeus, Clinton and other hawks to invest significantly in a program for training and arming rebels and to impose a no-fly zone over rebel-controlled territory inside Syria, which would require destroying Syria’s air defenses and much of its air force. In other words, it would have been a major act of war with the prospect of the kind of bloody chaos that a similar “responsibility to protect” strategy — pushed by Clinton and Power — unleashed on Libya in 2011 and that continues to the present.

Among other problems of the Petraeus-Clinton scheme for Syria – such as being a gross violation of international law – the plan would have amounted to support for international terrorism given the thorough terrorist infiltration of the Syrian rebel movement. And it almost certainly would not have achieved the goal of a moderate “regime change.” The far more likely outcome would have been even worse sectarian bloodshed and quite possibly a victory for Al Qaeda or a related terrorist band.

In one candid moment, Obama told  New York Times columnist Thomas L. Friedman that it was “a fantasy” to think that such a U.S.-backed “moderate” rebel force could do much good. Nevertheless, Obama eventually caved in to political/media pressure and agreed to a “covert” CIA training mission and later to the $500 million program which, the Pentagon says, put about “four or five” fighters into the field in Syria.

Besides the obvious failure to field a significant Pentagon-trained “moderate” force, there was the additional problem that the “moderate” CIA-trained rebels kept sharing their military skills and weapons with coalitions of Syrian rebels, such as the Army of Conquest dominated by Al Qaeda’s Nusra Front, and/or the Islamic State. Many U.S.-supplied weapons ended up in the hands of the Army of Conquest, which used U.S. TOW anti-tank missiles against the Syrian army around the city of Idlib.

Whether intentionally or not, the U.S. policy was advancing the prospects of a Sunni terrorist victory in Syria, which could lead to a bloodbath of Christians, Alawites, Shiites and other “infidels” – as well as driving millions more Syrian refugees into Turkey and Europe, thus spreading the destabilization of the Middle East into the middle of Europe.

So, by pulling the plug on the $500 million training program, Obama was finally facing up to reality – that it would be a humanitarian and strategic disaster if Al Qaeda and/or the Islamic State defeated Assad’s Syrian army. At his press conference on Oct. 2, Obama even blurted out that most of the “half-baked ideas” for intervening in Syria were just “a bunch of mumbo jumbo.”

But Obama could not fully bring himself to repudiate the U.S. military interference, replacing the failed training program with another scheme that would simply give weapons and ammunition to some rebel leaders considered reliable in the battle against the Islamic State – a compromise approach that even the hawkish New York Times editorial page deemed “hallucinatory.”

A Schizophrenic Approach

In essence, these inconsistencies between Obama’s words and deeds reflect the schizophrenic nature of Obama’s “above-the-table” and “below-the-table” split personality.

While the “above-the-table” Obama continues to rant against Assad and Russia’s decision to step up its support for his government, the “under-the-table” Obama appears to recognize that the Russian entrance into the war is not the catastrophe that Official Washington, including Obama and his advisers, have made it out to be. Indeed, despite the fiery rhetoric from Obama and his aides, there is a logical correlation between Obama’s core interests in Syria and those of Russian President Vladimir Putin.

Obama has resisted the idea of committing hundreds of thousands of U.S. troops to another full-scale war in the Middle East, which might well be the inevitable result of a victorious Islamic State engaging in mass executions of “infidels” in Damascus or of Al Qaeda transforming Syria into a new more central location to plot terror attacks on the West.

The prospects for a terrorist victory are diminished if the Russian air support – and Iranian ground assistance – can help the Syrian military roll back the gains of the Islamic State and the Army of Conquest, which is dominated by Al Qaeda’s Nusra Front.

So, the logical move for the “under-the-table” Obama would be to cooperate with Putin on a peace initiative that shelves the “Assad must go” rhetoric in favor of practical cooperation with Russia in arranging a political power-sharing government between Assad and the “moderate” Sunni politicians who have lived off U.S. largesse and thus are susceptible to American pressure.

Even more importantly, Obama could finally get serious about clamping down on Saudi, Qatari, Turkish and Israeli support for the extremist Syrian rebels, finally putting some teeth into the theory that support for terrorism is indistinguishable from acts of terrorism.

But the “above-the-table” Obama seems frightened by the domestic political repercussions if he were to make such rational moves, so he continues to rant about Assad as “a brutal, ruthless dictator” who “drops barrel bombs to massacre innocent children” – as if these crude bombs are some uniquely diabolical weapons and as if Assad were targeting “innocent children” when there is no evidence of that. Such crude propaganda is then used to justify Obama repeating his dubious mantra: “Assad must go!”

Obama also fears neocon Sen. John McCain, the former Republican presidential nominee whom Obama defeated in 2008 but who is still invited onto all the U.S. news shows to berate the President for not escalating the Syrian, Ukrainian and other conflicts around the globe.

Plus, Obama sees himself surrounded by his own neocons like Defense Secretary Ashton Carter and liberal interventionists like Ambassador to the United Nations Samantha Power. He must realize that such ideologues won’t shake their commitment to “regime change” in Syria.

Fear of ‘Softness’

Clearly, Obama is to blame for his administration’s appointees, whether it was the misguided “Team of Rivals” at the start of his presidency or the current mix of mostly non-entities and neocon-lites in his second term. But the low quality of these officials is also a comment on how thin the Democratic foreign-policy bench is after three-and-a-half decades of cowering before Republican and media accusations about the Democrats showing “un-American” softness.

Today’s Democrats are not able to formulate a foreign policy argument that separates enlightened American interests from imperialist adventures. They generally accept the neocon narratives about “bad guys” and then either acquiesce to another “regime change” operation, as Obama and others did in Libya in 2011, or they drag their heels to slow or obstruct the most dangerous schemes.

The vast majority of the Democratic foreign policy “experts” who have survived politically either have become “me-too” echoes of the Republican neocons (the likes of Hillary Clinton) or have adopted a militant “humanitarianism” favoring either coups or war in the name of “human rights” (the likes of Samantha Power).

You do have some establishment Democrats, such as Vice President Joe Biden and Secretary of State John Kerry, who probably know better but have grown accustomed to accommodating to neocon and liberal-hawk pressures. Biden and Kerry both overrode their better judgments to vote for the Iraq War in 2002 and they have echoed the neocon tough talk about Syria and Ukraine.

But Biden and Kerry probably represent the most realistic of the mainstream Democrats, the most in line with the “under-the-table” Obama. Biden opposed the pointless but bloody Afghan War “surge” in 2009; he also battled Secretary of State Clinton over her desires for military intervention in Libya and Syria. For his part, Kerry as Secretary of State executed Obama’s negotiation of a nuclear deal with Iran, an approach that Clinton had resisted.

Still, the foreign policy realism of Biden and Kerry is spotty at best. Both have run with the neocon/liberal-hawk pack in escalating tensions with Russia over Ukraine, and Kerry rushed to dangerous judgments blaming Assad for the Aug. 21, 2013 sarin gas attack outside Damascus and Russia for the July 17, 2014 shoot-down of Malaysia Airlines Flight 17 over eastern Ukraine.

Not even a progressive like Sen. Bernie Sanders articulates sensible alternatives to the neocon/liberal-hawk narratives, though he did vote against the Iraq War and generally has favored less aggressive actions overseas. Still, no one of prominence in the Democratic Party has charted a comprehensive strategy for a non-imperialist U.S. foreign policy, an incoherence that helps explain the contradictory aspects of Obama’s approach to the world.

Whereas the dominant ideology among the Republicans remains neoconservatism, the primary approach of the Democrats is “liberal interventionism,” but there really isn’t much difference between the two in practical terms. Indeed, arch-neocon Robert Kagan has said he is comfortable calling himself a “liberal interventionist.”

Loving ‘Stratcom’

Both neocons and liberal interventionists favor “regime change” strategies as a principal feature of U.S. foreign policy, whether through “color revolutions” or “responsibility to protect” military invasions. They also rely heavily on “strategic communications” or “Stratcom,” a blend of psy-ops, propaganda and P.R., to bring both the American people and the global public into line.

That’s why once a propaganda theme is developed – such as blaming Assad for the sarin attack and Russia for the MH-17 shoot-down – there are no revisions or corrections even when the evidence leads in a different direction. The false narrative must be maintained because it is useful as a Stratcom weapon to discredit and damage an adversary in the eyes of the public.

Even when Obama knows better, he sticks with the Stratcom, too, all the better to beat up “an enemy.” Obama may drop the false allegations from future speeches, but he won’t retract what he has said before. Note that he has said little or nothing about either the sarin case or the MH-17 incident after initially wielding them as propaganda clubs against Assad and Putin, respectively.

So, instead of telling the whole truth to the American people, Obama just replaces the old attack lines with new ones. Obama’s latest comments about the Russians in Syria sounded like premature gloating over the prospect of a Russian “quagmire” in Syria, staking out an early “I-told-you-so” position as if being proved right were more important than resolving the crisis.

But does Obama really want the Russian-backed offensive against Al Qaeda’s Nusra Front and the Islamic State to fail and for the terrorists to win?

That outcome might make for a great talking point at the think tanks and on the op-ed pages, but a terrorist victory would be a humanitarian catastrophe for the people of Syria and a strategic disaster for the West, where Europe is already under strain from the flood of Syrian refugees.

One might think that a more mature and responsible approach would be for the United States and the European Union to do all they could to help the Russians succeed – by cracking down on countries aiding Al Qaeda and the Islamic State and by facilitating serious peace talks between Assad and “moderate” Sunni politicians.

Perhaps the “under-the-table” Obama will move in that direction in the weeks ahead, but the “above-the-table” Obama seems more afraid of committing a social faux pas that will offend Official Washington. He seems to fear that criticism more than he cares about saving lives and bringing peace to Syria.



Investigative reporter Robert Parry broke many of the Iran-Contra stories for The Associated Press and Newsweek in the 1980s. You can buy his latest book, America’s Stolen Narrative, either in print here or as an e-book (from Amazon and barnesandnoble.com). You also can order Robert Parry’s trilogy on the Bush Family and its connections to various right-wing operatives for only $34. The trilogy includes America’s Stolen Narrative. For details on this offer, click here.

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Hillary, Bernie, and the Banks Print
Sunday, 11 October 2015 13:07

Reich writes: "Most Republicans say don't worry. Clearly, there's reason to worry. Back in 2000, before they almost ruined the economy and had to be bailed out, the five biggest banks on Wall Street held 25 percent of the nation's banking assets. Now they hold more than 45 percent."

Robert Reich. (photo: Perian Flaherty)
Robert Reich. (photo: Perian Flaherty)


Hillary, Bernie, and the Banks

By Robert Reich, Robert Reich's Blog

11 October 15

 

iant Wall Street banks continue to threaten the wellbeing of millions of Americans, but what to do?

Bernie Sanders says break them up and resurrect the Glass-Steagall Act that once separated investment from commercial banking.

Hillary Clinton says charge them a bit more and oversee them more carefully.

Most Republicans say don’t worry.

Clearly, there’s reason to worry. Back in 2000, before they almost ruined the economy and had to be bailed out, the five biggest banks on Wall Street held 25 percent of the nation’s banking assets. Now they hold more than 45 percent.

Their huge size fuels further growth because they’ll be bailed out if they get into trouble again.

This hidden federal guarantee against failure is estimated be worth over $80 billion a year to the big banks. In effect, it’s a subsidy from the rest of us to the bankers.

And they’ll almost certainly get into trouble again if nothing dramatic is done to stop them. Consider their behavior since they were bailed out.

In 2012 JPMorgan Chase, the largest bank on Street, lost $6.2 billion betting on credit default swaps tied to corporate debt – and then publicly lied about the losses. It later came out that the bank paid illegal bribes to get the business in the first place.

Last May the Justice Department announced a settlement of the biggest criminal price-fixing conspiracy in modern history, in which the biggest banks manipulated the $5.3 trillion-a-day currency market in a “brazen display of collusion,” according to Attorney General Loretta Lynch.

Wall Street is on the road to another crisis. 

This would take a huge toll. Although the banks have repaid the billions we lent them in 2008, many Americans are still living with the collateral damage from what occurred – lost jobs, savings, and homes.

But rather than prevent this by breaking up the big banks and resurrecting Glass-Steagall, Hillary Clinton is taking a more cautious approach.

She wants to impose extra fees on the banks, with the amounts turning not on the bank’s size but how much it depends on short-term funding (such as fast-moving capital markets), which is a way of assessing riskiness.

So a giant bank that relies mainly on bank deposits wouldn’t be charged.

Clinton would also give bank regulators more power than they have under the Dodd-Frank Act (passed in the wake of the last banking crisis) to break up any particular bank that they consider too risky.

And she wants more oversight of so-called “shadow” banks – pools of money (like money market mutual funds, hedge funds, and insurance funds) that act like banks.

All this makes sense. And in a world where the giant Wall Street banks didn’t have huge political power, these measures might be enough.

But, if you hadn’t noticed, Wall Street’s investment bankers, key traders, top executives, and hedge-fund and private-equity managers wield extraordinary power. 

They’re major sources of campaign contributions to both parties.

In addition, a lucrative revolving door connects the Street to Washington. Treasury secretaries and their staffs move nimbly from and to the Street, regardless of who’s in the Oval Office.

Key members of Congress, especially those involved with enacting financial laws or overseeing financial regulators, have fat paychecks waiting for them on Wall Street when they retire.

Which helps explain why no Wall Street executive has been indicted for the fraudulent behavior that led up to the 2008 crash. Or for the criminal price-fixing scheme settled in 2012. Or for other excesses since then.

And why even the fines imposed on the banks have been only a fraction of the banks’ potential gains.

And also why Dodd-Frank has been watered down into vapidity.

For example, it requires major banks to prepare “living wills” describing how they’d unwind their operations if they get into serious trouble.

But no big bank has come up with one that passes muster. Federal investigators have found them all “unrealistic.”

That’s not surprising because if they were realistic, the banks would effectively lose their hidden “too-big-to-fail” subsidies.

Given all this, Hillary Clinton’s proposals would only invite more dilution and finagle.

The only way to contain the Street’s excesses is with reforms so big, bold, and public they can’t be watered down – busting up the biggest banks and resurrecting Glass-Steagall.  


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Pentagon Refuses Video and Audio of Pilots Who Bombed Hospital Print
Sunday, 11 October 2015 13:05

Swanson writes: "There is video and audio. It exists. The Pentagon says it's critically important. Congress has asked for it and been refused. WikiLeaks is offering $50,000 to the next brave soul willing to be punished for a good deed in the manner of Chelsea Manning, Thomas Drake, Edward Snowden, and so many others."

The burned Doctors Without Borders hospital is seen after explosions in the northern Afghan city of Kunduz, on Saturday. Doctors Without Borders says 12 staff members and 10 patients were killed in the attack and 37 others wounded. (photo: AP)
The burned Doctors Without Borders hospital is seen after explosions in the northern Afghan city of Kunduz, on Saturday. Doctors Without Borders says 12 staff members and 10 patients were killed in the attack and 37 others wounded. (photo: AP)


ALSO SEE: Wikileaks Offering $50,000 For Kunduz Hospital Footage

Pentagon Refuses Video and Audio of Pilots Who Bombed Hospital

By David Swanson, Let's Try Democracy

11 October 15

 

here is video and audio. It exists. The Pentagon says it's critically important. Congress has asked for it and been refused. WikiLeaks is offering $50,000 to the next brave soul willing to be punished for a good deed in the manner of Chelsea Manning, Thomas Drake, Edward Snowden, and so many others. You can petition the White House to hand it over here.

The entire world thinks the U.S. military intentionally attacked a hospital because it considered some of the patients enemies, didn't give a damn about the others, and has zero respect for the rule of law in the course of waging an illegal war. Even Congress members think this. All the Pentagon would have to do to exonerate itself would be to hand over the audio and video of the pilots talking with each other and with their co-conspirators on the ground during the commission of the crime -- that is, if there is something exculpatory on the tapes, such as, "Hey, John, you're sure they evacuated all the patients last week, right?"

All Congress would have to do to settle the matter would be to take the following steps one-at-a-time until one of them succeeds: publicly demand the recordings; send a subpoena for the recordings and the appearance of the Secretary of "Defense" from any committee or subcommittee in either house; exercise the long dormant power of inherent contempt by locking up said Secretary until he complies; open impeachment hearings against both the same Secretary and his Commander in Chief; impeach them; try them; convict them. A serious threat of this series of steps would make most or all of the steps unnecessary.

Since the Pentagon won't act and Congress won't act and the President won't act (except by apologizing for having attacked a location containing white people with access to means of communication), and since we have numerous similar past incidents to base our analysis on, we are left to assume that it is highly unlikely that the hidden recordings include any exculpatory comments, but more likely conversation resembling that recorded in the collateral murder video ("Well it's their fault for bringing their kids into a battle.")

There isn't actually any question that the U.S. military intentionally targeted what it knew to be a hospital. The only mystery is really how colorful, blood-thirsty, and racist the language was in the cockpit. Left in the dark, we will tend to assume the worst, since past revelations have usually measured up to that standard.

For those of you working to compel police officers in the United States to wear body cameras, it's worth noting that the U.S. military already has them. The planes record their acts of murder. Even the unmanned planes, the drones, record video of their victims before, during, and after murdering them. These videos are not turned over to any grand juries or legislators or the people of the "democracy" for which so many people and places are being blown into little bits.

Law professors that measure up to the standards of Congressional hearings on kill lists never seem to ask for the videos; they always ask for the legal memos that make the drone murders around the world part of a war and therefore acceptable. Because in wars, they imply, all is fair. Doctors Without Borders, on the other hand, declares that even in wars there are rules. Actually, in life there are rules, and one of them is that war is a crime. It's a crime under the U.N. Charter and under the Kellogg-Briand Pact, and when one mass-murder out of millions makes the news, we ought to seize that opportunity to draw attention, outrage, and criminal prosecution to all the others.

I don't want the video and audio recordings of the hospital bombing. I want the video and audio recordings of every bombing of the past 14 years. I want Youtube and Facebook and Twitter full, not just of racist cops murdering black men for walking or chewing gum, but also of racist pilots (and drone "pilots") murdering dark-skinned men, women, and children for living in the wrong countries. Exposing that material would be a healing act beyond national prejudice and truly worthy of honoring Doctors Without Borders.


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Obama Administration Pushes to Help Students by Rolling Back Joe Biden's Bankruptcy Bill Print
Written by <a href="index.php?option=com_comprofiler&task=userProfile&user=32070"><span class="small">David Sirota, International Business Times</span></a>   
Sunday, 11 October 2015 13:03

Sirota writes: "This is not good timing for Joe Biden. As a Delaware senator, Biden was one of the key proponents of legislation making it more difficult for Americans to reduce their student debts in bankruptcy court. Now, even as the vice president decides whether to jump into the 2016 presidential race, the Obama administration is decrying the bill's harmful impact and making a high-profile effort to roll back the student-related parts of the 2005 law."

Joe Biden. (photo: Getty Images)
Joe Biden. (photo: Getty Images)


Obama Administration Pushes to Help Students by Rolling Back Joe Biden's Bankruptcy Bill

By David Sirota, International Business Times

11 October 15

 

his is not good timing for Joe Biden. As a Delaware senator, Biden was one of the key proponents of legislation making it more difficult for Americans to reduce their student debts in bankruptcy court. Now, even as the vice president decides whether to jump into the 2016 presidential race, the Obama administration is decrying the bill’s harmful impact and making a high-profile effort to roll back the student-related parts of the 2005 law. A Department of Education report calling for the rollback says the Biden-backed bill has left “private student loan borrowers in financial distress with few options.”

According to the Economist, “Student debt in America now totals $1.2 trillion, up more than threefold” since 2005, when the bankruptcy bill passed. Bankruptcy experts say the legislation -- and other Biden-backed bills that also limited the discharge of student debt -- have contributed to skyrocketing U.S. student debt. While pushing those bills, Biden raised more than $1.9 million in campaign contributions from the financial sector.

Biden’s office did not respond to International Business Times questions about whether he supports the administration’s proposal to roll back the law he supported. His office previously told IBT that the vice president supported the administration’s move to study the issue.

Biden’s record on bankruptcy could emerge as a flashpoint in the 2016 race -- just as it did in 2008. Hillary Clinton’s team “has turned up material on Biden’s ties to Wall Street,” reports Gabriel Sherman in New York Magazine, citing Biden’s work as a senator pushing the 2005 legislation.

Clinton’s campaign did not respond to IBT questions about whether she supports or opposes the Obama administration’s proposal to rescind the student debt provisions of the Biden-backed law. A spokesperson for Democratic presidential candidate Martin O’Malley said the former Maryland governor supports the Obama administration proposal. Vermont Sen. Bernie Sanders voted against the 2005 bankruptcy bill, but his campaign did not respond to a request for comment about whether he supports rolling back the law's student debt provisions.

While Clinton herself voted for one of those Biden-backed bankruptcy bills -- and she, too, has close Wall Street ties -- Biden has a far more extensive record on the bankruptcy issue. He did not just work on the 2005 bill: As a member of the Senate Judiciary Committee, he was intimately involved in most of the major legislation that intentionally made it more difficult for Americans to reduce their student debts in bankruptcy court.


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