Pope Francis I tells us he thinks the Catholic Church has become too "obsessed" with issues like abortion and gay marriage. I'd say it's not just the Catholic church, but what a breath of fresh air this guy is!
JP Morgan Chase will pay a $950 million fine to settle various civil lawsuits concerning its $6 billion-plus series of "bad bets" last year. That's less than $1 billion out of $6.5 billion in profits for the second quarter alone, but consider that regulators got an admission of wrongdoing out of JP Morgan Chase, and that some criminal investigations over the "London Whale" scandals (and others!) will still move forward. A mere five years after everyone else in America decided banksters were ruining the world, the Obama Administration may be starting to get serious about the matter.
The USDA rules that the contamination of a Washington state farmer's alfalfa with Monsanto Frankenfalfa -- which meant the farmer could not sell his alfalfa in countries that ban GMO foods -- is a "commercial issue" demanding a "marketplace" solution, and thus requiring no governmental intervention. Golly, looks like the "market" has decided that a farmer who gets his seed accidentally tainted with some corporate GMO alfalfa is completely screwed through no fault of his own. It's not like we have governments to prevent such absurdities from happening or anything.
Finally, Derek Pugh lists ten U.S. House Reps who voted to slash food stamps but who also receive farm subsidy money. And on that list, you may find the inimitable Stephen Fincher of Tennessee, whose farm received over $70,000 last year. You remember him? The one who said people who need food stamps "steal" from taxpayers? I'm going to go out on a limb and guess that he doesn't think of farm subsidies as "stealing from the taxpayer."