FROM Patrick Yoest
Former WaMu CEO and Executives Testify before Congress Former executives of Seattle-based Washington Mutual are talking to Congress for the first time since the bank collapsed because of the housing crisis. Today, they responded to a Senate Subcommittee’s findings that WaMu crated a "mortgage time bomb" with subprime loans they knew would go bad but which they packaged into Wall Street securities. Patrick Yoest reports for Down Jones Newswires and the Wall Street Journal .
Is America Ready for the Next Disaster? Around the county, disaster planners at the state level are roasting the Department of Homeland Security . Since Katrina, they say, Washington has been trying to minimize its own exposure and blame the states for not being prepared. Despite past promises, they say, the states have not been allowed to help draw up what’s called the National Response Framework .
Is America Ready for the Next Disaster? At a hearing last week in Washington, the president of the National Association of State Emergency Planners , told Congress that, when it comes to disaster planning, he has "never experienced a more polarized environment between the states and the federal government." Oklahoma's Albert Ashwood said the legacy of Katrina for Washington is to minimize federal exposure while blaming states for not being prepared. As an example, he cited the National Response Plan , now revised as the National Response Framework--a formerly secret document leaked to Congressional Quarterly . State leaders say it's not a plan, and they don't understand it. A high-level veteran of FEMA during the Clinton years says federal agencies no longer know what they're supposed to do either. What are the implications for homeland security?
Border security and campaign promises President Trump has promised tightened borders and a big beautiful wall. Guest host Barbara Bogaev looks at two tent-poles of the President's immigration policy: extreme vetting of visa applicants and building the US-Mexico border wall.
Why Don't Facts Matter? "Fake News" may have a long history, but social media and 21st Century politics have brought it front and center. One reason for its appeal and its power is the tendency of so many people to cling to their beliefs — even when confronted with contradictory evidence. Today, another look at the Emotional States of America.
GOP 'Nukes' the Senate filibuster on SCOTUS nominees Senate Democrats today blocked Judge Neil Gorsuch's appointment to the US Supreme Court… but just for the moment. The Republican majority has changed the rules to force a likely confirmation as soon as tomorrow.
Trump's ethical conflicts pile up as transparency diminishes President Trump's refusal to reveal his income tax returns is just one example of a lack of transparency that could be hiding conflicts of interest. Other conflicts are already obvious from his appointments. And he's being sued for using his job to increase his profits.