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July 16, 2010 / Robyn Swirling

Things You Should Know About Going Into the Weekend

Photo via Capital New York
  • Goldman Sachs has settled with the SEC for $550 million, or about two weeks’ profit. [ProPublica]
  • In an article befitting US Weekly, you can learn all about Sen. Kirsten Gillibrand’s miraculous diet and weight loss. The Kirsten Gillibrand diet, revealed! No, seriously, that’s actually the headline. [Capital NY]
  • Alan Greenspan thinks Congress should let the Bush tax cuts expire. As Politico’s Mike Allen says, good luck with that. [Bloomberg]
  • An Arizona policeman is suing over the immigration law. He says that if he enforces the law, he could be sued by a private citizen for racial profiling; if he doesn’t enforce it, he could also be sued by a private citizen for not enforcing the law, since it provides that a private citizen may sue a police officer if they believe the officer isn’t enforcing the law to its fullest extent. The policeman’s lawyer also argues that Arizona’s law usurps federal authority over immigration issues, and that the state cannot force their police to violate federal law. This should be a good case to watch, but it seems unlikely to work. [WSJ]
  • In sad statistics news, June was the worst month in recent history for Army suicides. Thirty two soldiers killed themselves last month, which is a number not seen since the Vietnam era. Military records show that seven of those suicides occurred while the soldiers were deployed in Iraq or Afghanistan. [CNN]
  • Environmental and energy groups have been meeting with lawmakers and their aides to negotiate the terms and provisions that will be included in the new comprehensive climate and energy legislation that Senators Kerry and Lieberman have been working on. Senate debate on energy reform is scheduled to begin July 26, which doesn’t leave those working on the legislation much time to hammer out the details; nor does it leave much time for discussion and even a chance at voting on the bill before the Senate recesses August 6 for a month. Word is that the talks are going well, though. [The Hill]
  • Contrary to what many top officials during the Bush administration claimed about waterboarding being a rather rare occurrence in the military’s interrogation of suspected terrorists, an ex-DOJ official now says that the technique was used excessively. The DOJ official, John Bybee, wrote some of the memos authorizing particular interrogation techniques, and has now said that interrogators used some techniques that were not approved, such as kicking and dousing prisoners with cold water. A CIA report from last year states that interrogators went beyond the legal guidelines, but Bybee’s statements carry particular weight because he has intimate knowledge of the discussions and legal reasoning behind everything that was approved (or not). This has, predictably, started up a firestorm on the Hill, with lawmakers calling for investigation. [WaPo]
  • Check out this interesting article about Google’s ties with Washington. [Politico]
  • The cap on the oil spill is working! For now… [WSJ]
  • Financial reform just passed yesterday, but Republicans are already agitating for it to be repealed. [Politico]
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3 Comments

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  1. Susan B. / Jul 16 2010 10:19 am

    I don’t know why, but I clicked on the Gillibrand diet link. Her diet sounds miserable. It’s like the example in every article about how you shouldn’t have an overly-strict diet you can’t sustain. And only decaf! Why would a senator put herself through that?

  2. NefariousNewt / Jul 16 2010 10:29 am

    The Republicans had better tone down the rhetoric about repealing Wall Street reform, lest the masses that gathered in front of places like Goldman Sachs decide to pay them a visit, or at least, hand them their hats come November.

    Should it really come as surprise that torture was so extensively used? We simply turned a blind eye in the beginning… suddenly people are having qualms.

    Given that Alan Greenspan was one of the architects of the debacle on Wall Street with his lackadaisical policies and his belief that Wall Street could police itself, I don’t, frankly, care what he has to say.

    Interesting sign I saw on Facebook: Gold in Sacks. It’;s amazing to think that the financial institutions that caused the current economic crisis have all skated through pretty much unscathed, while banks by the score have folded up.

  3. lezebelinchief / Jul 16 2010 12:21 pm

    I am deeply saddened by the news concerning the soldiers. I have friends and relatives who have served multiple tours in Iraq and Afghanistan. This is disheartening to hear about.

    Also, that police officer in Arizona is badass. Sure, it probably won’t work, but at least he’s trying!

    Yay oil cap….

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