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Got Dough? How Billionaires Rule Our Schools

The cost of K–12 public schooling in the United States comes to well over $500 billion per year. So, how much influence could anyone in the private sector exert by controlling just a few billion dollars of that immense sum? Decisive influence, it turns out. A few billion dollars in private foundation money, strategically invested every year for a decade, has sufficed to define the national debate on education; sustain a crusade for a set of mostly ill-conceived reforms; and determine public policy at the local, state, and national levels. In the domain of venture philanthropy -- where donors decide what social transformation they want to engineer and then design and fund projects to implement their vision -- investing in education yields great bang for the buck.

Elizabeth Warren 2.0

In a savvy move, the new Consumer Financial Protection Bureau launched its first website today. The CFPB was created by the passage of the Dodd-Frank Wall Street reform bill in July 2010 and is headed on an interim basis by well-known consumer advocate, Elizabeth Warren.

Fraudclosure: Will State AGs Step Up to Their Moment in History?

stopforeclosurefraudRumor has it that the 50-state attorneys general investigation into the Fraudclosure scandal is wrapping up. It's time for a backbone check. Will the state attorneys general just ask the big banks and service providers to turn over a chunk of change from seemingly bottomless pockets? (This strategy was pursued by the Security and Exchange Commission (SEC) with little impact). Or will Iowa Attorney General Tom Miller take the lead in wrestling a real settlement out of the banks, so that families hammered by unemployment and underemployment can stay in their homes?

Crack Down On Fraudclosure!

In 2010, banks initiated 3 million foreclosure filings. Total foreclosure filings could reach 9 million in 2011. In any civilized nation, the forcible migration of a city the size of New York would be treated for what it is -- an economic and humanitarian catastrophe. Attorneys General in every state are now actively investigating this FRAUDCLOSURE. Write to the lead investigator, Attorney General Tom Miller of Iowa, today.

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Egyptian Protests Expose Fraudulent U.S. "Spreading Democracy" Meme

The Egyptian people have exposed the great myth that prevails in the sphere of United States' foreign policy, namely that U.S. foreign policy elites are concerned with "spreading democracy."

That is because, as Hampshire College's Michael Klare has written, since 1945, the United States has maintained a foreign policy that is centered around "blood and oil." The foreign policy establishment often uses "democracy spreading" as a public relations platitude because it sounds much better than saying, "We went to war for oil." But caring about democracy goes out the window when one truly scrutinizes U.S. foreign policy through a critical lens. Sourcewatch calls this phenomenon Big Oil, Big Lies.

Only People Can Vote -- Only People Should Finance Campaigns

Guest piece by Greg Colvin, Campaign for America's Future

Introducing the Citizens Election Amendment, Version 1.0.

Since the U.S. Supreme Court decided the Citizens United case exactly one year ago tomorrow, saying that the Constitution gives Corporations influence American elections with unlimited spending, people have been asking "how can we amend the Constitution to put this right?"

In this country, each person has one vote, no matter whether you are rich or poor. And it is illegal to buy or sell a person's vote. So why do we allow electoral influence to be bought and sold? Why has politics in America become a commodity in an economic marketplace, where the richest corporations, business associations, unions, and individuals can buy enormous leverage on the outcome of our elections?

Obama: Not A Lot Left to Debate in Health Care Law

Wendell PotterBy devoting just two minutes to health care reform in his State of the Union address -- and not mentioning it until half way through the remarks -- President Obama was signaling Americans that he believes the health reform debate is over, that Republicans would be wasting precious time by "refighting the battles of the last two years."

While noting that "anything can be improved" and that he would welcome ideas to improve the bill he signed into law last March, Obama offered only two subjects that might warrant renewed attention -- and one of those is sure to set off alarms among consumer advocates and trial lawyers, though changes seem unlikely.

Financial Crisis Inquiry Commission Report Due

Word is beginning to leak out about the contents of the Financial Crisis Inquiry Commission's (FCIC) final report, a 576-page official analysis of the causes of the crisis. The Commission, which got off to a slow and rocky start, managed to hold 19 days of hearings and interviewed 700 witnesses. According to the New York Times, the report puts blame where blame is due, on reckless Wall Street gambling, but also on the colossal failure of government.

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