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Sam Knight - page 29

Sam Knight has 859 articles published.

TTIP on Ice After Brexit

President Obama’s top trade negotiator said that Transatlantic Trade and Investment Partnership (TTIP) talks can’t proceed until the contours of the “Brexit” become more clear. The trade deal, which boosters were hoping to finalize before Obama leaves office, has been complicated by Britain’s decision to leave the European Union. In a referendum held last month, Britons voted 52-48 to leave the EU. “As a practical matter, it is not possible to meaningfully advance separate trade and investment negotiations with the United Kingdom until some of the basic… Keep Reading

Fed Set to Fine Goldman, In Revolving Door-New York Fed Leak Case

The Federal Reserve is preparing to fine Goldman Sachs because one of the firm’s bankers in 2014 conspired to receive confidential information from an official at the New York Fed. Penalties aren’t expected to exceed the $50 million in fines that Goldman has already paid to state regulators as a result of the leak, according to The New York Times, which broke the story of the new enforcement action on Monday. Fed officials are also considering punishing the former superior of the now-ex Goldman employee… Keep Reading

DWS Booed Off By Fellow Floridians, at First Post-#DNCLeaks Speech in Philly

Rep. Debbie Wasserman Schultz (D-Fla.) was greeted with a barrage of heckles and boos on Monday morning in Philadelphia, as she tried to address Democratic party members from her own state. The outgoing Democratic National Committee chair was repeatedly interrupted by a hostile crowd of Florida delegates. Angry attendees “stood on chairs holding up signs that said ’emails,’ ‘No!,’ and ‘Thanks for the “help,” Debbie,'” according to The Hill. “We need to make sure we move together in a unified way,” she pleaded, as audible… Keep Reading

Ted Cruz Drops Turd In Punch, Ends Up Drinking It

Sen. Ted Cruz (R-Texas) played bombthrower at the Republican National Convention on Wednesday night during his speech by refusing to endorse Donald Trump. It blew up in his face. The crowd showered Cruz with a chorus of boos and heckled him off the stage after he said “vote your conscience,” and did not mention the current nominee. Though the senator made an appeal to morality, the move appeared to be designed to set himself up for a 2020 presidential campaign. Numerous press reports before the speech… Keep Reading

After Turkey Coup, Obama Admin Calls for Both Debt Relief, More Austerity for Greece

Treasury Secretary Jack Lew said that he hopes the ongoing crisis in Turkey convinces Greece’s creditors to warm to “debt relief.” Lew made the remarks in an interview with the Financial Times, published Wednesday. On Thursday, he is scheduled to meet in Athens with Greek Prime Minister Alexis Tsipras. “I would hope [the recent regional upheaval] would change the climate in which discussions of debt relief happen, just because it’s the right thing to do on its own, and at a time when Greece is… Keep Reading

Plagiarism of First Black FLOTUS, Blatant Racism Somehow Both Mar Opening Night of GOP Convention

The opening night of the Republican National Convention was, somehow, characterized by both racist commentary and the apparent plagiarism of Michelle Obama by Melania Trump. Bigoted remarks from two Republican figures ranged from xenophobic to overtly white supremacist, while at least one speaker invited to the convention accused President Obama of being a secret Muslim. Despite this, Melania Trump still seemed to somehow heavily crib from one of Michelle Obama’s most prominent addresses, when the wife of the presumptive GOP nominee spoke to the convention. “Several… Keep Reading

State Department Worried About “Backsliding” in Turkey Following Failed Coup, Mass Arrests

Secretary of State John Kerry said that he and his European counterparts will be paying close attention to developments in Turkey, after thousands of Turkish officials were punished in the wake of a failed coup attempt. “Obviously a lot of people have been arrested and arrested very quickly,” Kerry said Monday, in Brussels. “The level of vigilance and scrutiny is obviously going to be significant in the days ahead. Hopefully we can work in a constructive way that prevents a backsliding.” Kerry made the statements… Keep Reading

Rep. Cohen Tells State Dept. that U.S. Doesn’t Consider Saudis Terror Sponsors Because of “Oil, Which We’re Slaves To”

A lawmaker told a high ranking American diplomat on Thursday that Saudi Arabia isn’t considered a government sponsor of terrorism by the US because the country has “been selling us oil, which we’re slaves to.” “And that’s why they’re not on the list,” Rep. Steve Cohen (D-Tenn.) said to Anne Patterson, the top official overseeing Middle Eastern foreign policy at the State Department. Patterson immediately rejected Cohen’s claim. “Sir, I would take issue with that,” Patterson said. “They’re not on the list because they’re not… Keep Reading

Obama to Sign Historic Opioid Addiction Bill, Regrets Cynical G.O.P. Underfunding

President Obama has reluctantly agreed to sign into law a bill that purports to address the rise in opioid abuse in the United States. Obama said he would not veto the legislation, after it cleared its final legislative hurdle on Wednesday, in a 92-2 Senate vote.  Democrats have begrudgingly supported the measure, characterizing it as an under-funded election year ploy. “While the President will sign this bill once it reaches his desk because some action is better than none, he won’t stop fighting to secure… Keep Reading

DHS Set to “Fully” Establish Post-Wikileaks Employee Surveillance Program, “Insider Threat,” By Year’s End

An internal surveillance program established in the wake of Wikileaks’ Cablegate publications is set to be “fully operational” throughout the Department of Homeland Security (DHS) by the start of 2017. Department classified computer networks that share information with 23 other federal agencies will soon be equipped with “monitoring technology,” according to Congressional testimony given Wednesday by DHS officials and a US Coast Guard (USCG) Rear Admiral. The “Insider Threat” program had been mandated across all federal agencies “that operate or access classified computer networks” by President… Keep Reading

Al Franken, Like Many of Us, Has Questions About Pokemon Go’s Privacy Policy

A United States Senator is unimpressed with Pokemon Go’s “Gotta Catch ‘Em All” approach to data-mining. Al Franken (D-Minn.) wrote a letter on Tuesday to John Hanke the CEO of Niantic, which last week released the widely-popular mobile app-based game. Franken asked the executive a number of questions, mostly concerning “the extent to which Niantic may be unnecessarily collecting, using, and sharing a wide range of users’ personal information without their appropriate consent.” “From a user’s general profile information to their precise location data and… Keep Reading

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