Glen Ford has an interesting news story about the State of the Union speech at Black Agenda Report:
President Obama had hoped to put on a big show – a huge con, really – at his State of the Union address, by announcing a monetary “settlement” of massive banker criminality in housing foreclosures. “Obama’s operatives have doggedly pressed for a settlement that would effectively give banks immunity from prosecution.” But he was thwarted by a small group of state attorneys general that wanted a real investigation into “the crime of the century.” So the president “was finally forced to set up a federal unit of his own.” Since Obama’s own law enforcers have failed to send a single banker to jail, Wall Street immunity is likely to remain the real State of the Union.
So how about that?
I had no idea. Glen Ford really found out something interesting.
And read the whole article because it turns out Barack's still working for Wall Street and against American home owners. Ford writes about the meager amount home owners would get in a settlement as opposed to the trillions Barack's okayed for corporate bailouts.
It's a really strong report.
A few of you have wondered about another piece Ford wrote and e-mailed me.
Actually, C.I. did note it in Wednesday's snapshot. She just didn't quote from it. That wasn't because she was scared of calling anyone out but because she wants it to be a short feature at Third.
A) The snapshots have been stuffed with things all week (today's no exception) so it made more sense to take it to Third. B) Her mind is a computer. She detailed what she thought about it on the phone with me Wednesday evening. She knew the page number of the source she wants to use -- a source Glen's calling out so C.I. wants that person to choke on their own words.
So look for the Third feature.
Here's C.I.'s "Iraq snapshot:"