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Kagro in the Morning


Jun 24, 2013

So, you're back from Netroots Nation, eh? Well, lucky you! Greg Dworkin joined right in with the recap of the weekend's developments on the many wormholes winding through the NSA/Snowden story, including David Gregory's insistence on crapping all over everything. Then, a roundup of the more remarkable #GunFAIL stories of recent days. Armando kept us up to date on the pronouncements from out of the Supreme Court, and previewed one to come, on recess appointments. A reading of Bloomberg's reporting (from February, actually) on the unnoticed and unofficial subsidy to banks deemed Too Big To Fail, and how that subsidy just happens to be about equal in value to... their entire profit. So, that got me thinking about amending the plan for launching the Privateers of the Caribbean. And the old Istook Amendment, too. Finally, a look at yet another way the big banks are fleecing people: getting companies to pay their low-wage workers with bank-issued debit cards, complete with fees for withdrawals, etc. Why should those lazy workers be able to force their bosses to shoulder all the costs of paying them, right?