Four from Truthout:

Wednesday 11 May 2011

Robert Reich | The Battle for the Soul of the GOP
Robert Reich, Robert Reich's Blog: "The real battle for the soul of the GOP started with Tuesday's speech on Wall Street by Speaker of the House John Boehner. Wall Street and big business fear Tea Partiers won't allow House Republicans to raise the debt ceiling without major spending cuts - and without tax increases on the wealthy. Wall Street and big business know this would be unacceptable to the White House and congressional Democrats."
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Koch Brother Buys the Right to Interfere in Faculty Hiring at Florida State University
Kris Hundley, The St. Petersburg Times: "A conservative billionaire who opposes government meddling in business has bought a rare commodity: the right to interfere in faculty hiring at a publicly funded university. A foundation bankrolled by Libertarian businessman Charles G. Koch has pledged $1.5 million for positions in Florida State University's economics department. In return, his representatives get to screen and sign off on any hires for a new program promoting 'political economy and free enterprise.'"
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Billionaire Investor Found Guilty of Fraud and Conspiracy
Peter Lattman, The New York Times News Service: "Raj Rajaratnam, the billionaire investor who once ran one of the world's largest hedge funds, was found guilty of fraud and conspiracy on Wednesday by a federal jury in Manhattan. He is the most prominent figure convicted in the government's crackdown on insider trading on Wall Street. Mr. Rajaratnam, who was convicted on all 14 counts, could face as much as 19 and a half years in prison under federal sentencing guidelines, prosecutors said on Wednesday. He will be sentenced on July 29."
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The Tenfold Path to Guts, Solidarity and the Defeat of the Corporate Elite
Bruce E. Levine, Truthout: "Many Americans know that the United States is not a democracy but a 'corporatocracy,' in which we are ruled by a partnership of giant corporations, the extremely wealthy elite and corporate-collaborator government officials. However, the truth of such tyranny is not enough to set most of us free to take action. Too many of us have become pacified by corporatocracy-created institutions and culture."
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