Speakout is Truthout's treasure chest for bloggy, quirky, personally reflective, or especially activism-focused pieces. Speakout articles represent the perspectives of their authors, and not those of Truthout.
Washington, D.C.- Last week, the private equity industry scored its first victory in its campaign to roll back the Securities and Exchange Commission’s regulatory oversight of private equity fund advisers. Under the guise of a simple ‘technical correction’, the House of Representatives passed H.R. 37, the Promoting Job Creation and Reducing Small Business Burdens Act. Title IV of that Act will likely exempt some advisers to large private equity firms from registering with the SEC as broker-dealers and eliminate the investor protections such registration provides.
The Dodd-Frank Act, passed in the wake of the financial crisis, subjects the private equity industry to broad regulatory oversight for the first time in its history. SEC examinations have found that in half the cases it reviewed PE fund advisers had evaded their fiduciary responsibility to investors or violated securities law requiring registration as a broker-dealer. An exemption from registering as broker-dealers in connection with the merger and acquisition activities of their portfolio companies – a legal requirement that predates Dodd-Frank and has mostly been ignored by PE firms and fund advisers – is high on the industry’s wish list. H.R. 37 provides partial relief from this requirement. The industry hopes that this will set the stage for further roll backs in regulatory oversight. Ultimately, the PE industry wants to do away with the Dodd-Frank requirement that general partners of larger PE funds must register with the SEC.
New analysis and previously unpublished documents released by legal charity Reprieve show that the CIA held prisoners in Lithuania in 2005 and 2006, contrary to official denials.
In a dossier and briefing submitted to the Lithuanian Prosecutor today, Reprieve reveals how the newly declassified US Senate Report on CIA detention correlates with flight data and contracting documents; and demonstrates that prisoners were moved into Lithuania in February and October 2005, and out of Lithuania to Afghanistan in March 2006.
Tribal people have been forcibly and illegally evicted from India’s Kanha Tiger Reserve – home of Kipling’s The Jungle Book – in the name of tiger conservation. Across India, many more face a similar threat.
Evicted tribespeople report that the Forest Department threatened to release elephants to trample their houses and crops if they did not leave immediately.
Annandale-on-Hudson, N.Y. – The impact of catastrophic flooding can be mitigated by protecting biodiversity, suggests a new study led by Bard College biology professor Alexandra Wright and published this week in the journal Nature Communications.
In June 2013 a massive, 200-year flood hit much of eastern and central Europe; damages resulting from the event totaled more than €12 billion in losses. Flooding in Germany covered multiple river basins, including, in central Germany, the location of the Jena Experiment, one of the longest-running biodiversity experiments in the world. Some fields in this experiment grow monocultures similar to central European agricultural fields, while other fields grow multiple species of grasses together in a single field. These fields have been growing and establishing for 12 years.
Washington, DC—Seven activists with the democracy movement 99Rise disrupted the nation’s highest court this morning, issuing a series of statements calling for the justices to overturn their unpopular Citizens United decision, ruled on five years ago today. Each protester stood up and presented a demand to the Court before raising their index finger in the air. The gesture represents “one person, one vote” political equality, a principle which has been undermined by the limitless campaign spending facilitated by the activist Court.
“We have seen the consequences of the free flow of private money rushing into our public political system,” said 99Rise activist Curt Ries who risked arrest to protest the Court’s ruling. “Nearly $4 billion was spent in the 2014 Mid-Term Elections, and almost all of it came from a handful of wealthy individuals and organizations. The kind of influence that money buys fundamentally corrupts our electoral process by giving undue representation to wealthy donors and corporations. That's not a democracy, it's a plutocracy."
How do you know when you are in a country that is experiencing a Revolutionary moment?
There is mass unemployment; high numbers of people are radicalized either in the Left (Communists, socialists, anarchists) or Right (fascist, neo-Nazis). Modest poverty that seeks to still disguise itself somewhat is widespread to the point where it can no longer disguise itself as convincingly. There is massive graffiti throughout the city, not merely in certain neighborhoods, but in the downtown area next to luxurious shops. The police do not enter certain neighborhoods, while it stands guard outside of them. Tents of protesters can be seen in parts of the city. People walk into cafes, trying to sell things. Others pass by and ask for a few coins.
On a cold night in November, many of us stood outside police headquarters in Chicago awaiting news that would cause a great deal of pain in our communities. Those of us who had organized an emergency response to the announcement of the grand jury’s decision in the Darren Wilson case never expected an indictment. And while I don’t believe that the punitive nature of our judicial system offers even the potential of justice, I know that each non indictment and acquittal of a murderous police officer is yet another painful reminder of who matters in this system, and who does not. From the very beginning, it was clear that another reminder was pending in that case.
What most of us didn’t see coming that day was another reminder in the form of a resolution in the case against Marissa Alexander.
“Gospel,” Jen Chapin’s understated anthem, celebrates the hard and sometimes dangerous work of grassroots democracy; organizing, strategizing, and marching to achieve a more just society and economy from Selma to the Arab Spring, Occupy Wall Street to People’s Climate March and the current movement for police accountability and the end to racial profiling.
In the past several days we have experienced the same repeated shocks as all our fellow citizens. As Jews, we were profoundly upset by the horrible attack carried out on Jews solely because they were Jews. This can only evoke memories of the worst periods of Judaism in France. All we believe in as activists, citizens, and human beings, and all that we struggle for – the value of life, equality among human beings, and ta'ayush (living together) – was trampled in the editorial office of a magazine and in a kosher market. We are convinced that freedom of expression is a fundamental value of any democratic society and that it must be defended at all costs against obscurantist violence.
We are also conscious of the rise of a formidable anti-Semitism in France. But we seek to analyze it and understand its causes, because, like all racisms, it breeds blindness, hatred and bloodshed. For years, our association has been denouncing the trap set for French Jews and it is important to describe this trap again in the wake of this murderous attack.
As we recognize and celebrate the birthday of Dr. King, I believe his words and actions are no less relevant today than they were over forty years ago. In particular his actions. I know I will never be the orator that he was, but I can be a similar active, participating force, an agent for change, a contributor to peace and nonviolence. In voicing his commitment to nonviolence, he said "If I am the last, lone voice speaking for nonviolence, that I will do." And so the relevant question today is "am I willing to be the last, lone voice speaking for nonviolence"? Am I willing to express my deep desire for peace? Am I willing to do whatever it takes to never give up hope, never give up the message, never submit to apathy, never to say "oh, let THEM take care of it"?
Because what I see today, and I think Dr. King saw in his day, too many people are too quick to say "I don't have time", "What difference could it make?", "My friends/family don't agree".