Daily Archives: August 6, 2011

Lee Wrights: Communist Party chair endorses ‘lesser of two evils’

by R. Lee Wrights

BURNET, Texas (Aug. 7) – Even though he said he was “disappointed” by “some aspects” of President Obama’s domestic and foreign policy, the chairman of the Communist Party has endorsed the President for reelection in 2012. Writing in The People’s World, CPUSA chair Sam Webb said, “In our view, the differences between the two parties of capitalism are of consequence to class and democratic struggles.”

At first, my reaction was to think, laugh and mutter, “So what;” not only has history irrefutably established that communism is a failed and unworkable political system, with leaders like Webb there is no way it will ever be considered a viable or meaningful political force in the United States.… Read more ...

Nader’s warnings to rating agencies

Via onthewilderside.com
Published at Nader.org

Ralph Nader ran for President with the Green Party, and more recently as an independent candidate. Below is an excerpt from a 7/28/2011 post at Nader’s nonpartisan website. It is an Open Letter he wrote to the heads of Standard and Poor’s, Moody’s Corp, and Fitch’s Ratings:

Now your lobbyists are pressing members of Congress to weaken further the provisions affecting rating agencies in the Dodd-Frank law in ways that will raise the risk-consequences for the savings and investments of innocent people.

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