Ontario Votes 2007: Interview with Family Coalition Party candidate Kristen Monster, Willowdale

">
Ontario Votes 2007: Interview with Family Coalition Party candidate Kristen Monster, Willowdale

Wednesday, October 3, 2007

Kristen Monster is running for the Family Coalition Party in the Ontario provincial election, in the Willowdale riding. Wikinews’ Nick Moreau interviewed her regarding her values, her experience, and her campaign.

Stay tuned for further interviews; every candidate from every party is eligible, and will be contacted. Expect interviews from Liberals, Progressive Conservatives, New Democratic Party members, Ontario Greens, as well as members from the Family Coalition, Freedom, Communist, Libertarian, and Confederation of Regions parties, as well as independents.

Retrieved from “https://en.wikinews.org/w/index.php?title=Ontario_Votes_2007:_Interview_with_Family_Coalition_Party_candidate_Kristen_Monster,_Willowdale&oldid=703926”
">Digg
  • Ontario Votes 2007: Interview with Family Coalition Party candidate Kristen Monster, Willowdale
  • ">Del.icio.us
  • Ontario Votes 2007: Interview with Family Coalition Party candidate Kristen Monster, Willowdale
  • ">StumbleUpon
  • Ontario Votes 2007: Interview with Family Coalition Party candidate Kristen Monster, Willowdale
  • ">Reddit
  • Twitter
  • RSS
  • Obituaries:March 5, 2008

    ">
    Obituaries:March 5, 2008

    Wednesday, March 5, 2008

    The following deaths were reported yesterday.

    Ernest Gary Gygax, co-creator of Dungeons & Dragons, died in his Lake Geneva, Wisconsin home yesterday at the age of 69 due to heart problems. Full article.

    Ella Nathanael, Greek actress died yesterday from lung cancer at the age of 67. She was born in Athens and became a major actor in the 1960s.

    Leonard Rosenman, composer died yesterday at the at the Motion Picture & Television Country House and Hospital in Woodland Hills in California. Rosenman’s death at the age of 83 was caused by a heart attack.

    Retrieved from “https://en.wikinews.org/w/index.php?title=Obituaries:March_5,_2008&oldid=4604341”
    ">Digg
  • Obituaries:March 5, 2008
  • ">Del.icio.us
  • Obituaries:March 5, 2008
  • ">StumbleUpon
  • Obituaries:March 5, 2008">Reddit
  • Twitter
  • RSS
  • Read User's Comments(0)

    Wikipedia founder embroiled in affair and financial allegations

    ">
    Wikipedia founder embroiled in affair and financial allegations
    Posted in Uncategorized | December 12th, 2022

    Wednesday, March 5, 2008

    This article mentions the Wikimedia Foundation, one of its projects, or people related to it. Wikinews is a project of the Wikimedia Foundation.

    The implosion of a relationship between Wikipedia founder Jimmy Wales and journalist Rachel Marsden has resulted in controversy and international headlines. Associated Press and ABC News have also reported on questionable activity by Wales involving Wikimedia Foundation expenses. The Wikimedia Foundation is a donor-supported non-profit organization which runs Wikipedia.

    Marsden had contacted Wales two years ago about concerns she had over the article about her on Wikipedia, and Wales determined the article was not compliant with Wikipedia’s standards. The tech blog Valleywag revealed Wales had a personal relationship with Marsden, and posted supposed transcripts of their instant message conversations on its site, www.valleywag.com. Wales and Marsden met in February, and The Times reported that “An apparent transcript of their conversations before that meeting suggests that, although Mr Wales had withdrawn from the editing process, he was still influencing the editors.” The Times quoted Wales from the chat logs as having stated to Marsden “The truth is of course a much worse conflict of interest than that; but that will do.” — in reference to his conflict of interest regarding Marsden’s article on Wikipedia.

    Wales posted a public statement on Saturday on Wikipedia addressing the matter, and stated that his relationship with Marsden was over: “First, while I find it hard to imagine that anyone really cares about my sex life, the facts are: I am separated from my wife. I considered myself single at the time of my one meeting with Rachel Marsden on Feb. 9, 2008 … I am no longer involved with Rachel Marsden. Gossipy stories suggesting that I have been in a relationship with her ‘since last fall’ are completely false … I care deeply about the integrity of Wikipedia, and take very seriously my responsibilities as a member of the board and as a member of the Wikipedia community. I would never knowingly do anything to compromise that trust.” With regard to the conflict of interest in Marsden’s article, Wales had acknowledged to a team of Wikipedia editors in February 2008 that he and Marsden “became friends … and that we would be meeting about that,” and stated “I recused myself from any further official action with respect to her biography.”

    On Sunday, The Canadian Press reported that Marsden had posted photos of herself on Ebay, and was selling items that Wales had left at her New York City apartment. In her Ebay posting, Marsden stated: “Hi, my name is Rachel and my (now ex-) boyfriend, Wikipedia founder Jimmy Wales, just broke up with me via an announcement on Wikipedia … It was such a classy move that I was inspired to do something equally classy myself, so I’m selling a couple of items of clothing he left behind, here in my NYC apartment, on eBay. Jimbo was supposed to come visit me in a couple of weeks and pick up some of his stuff, but obviously that won’t be happening now.” Marsden told The Canadian Press “It didn’t really help matters that Jimmy chose to announce the breakup to the entire world via Wikipedia (which apparently now is an online encyclopedia that doubles as a personal soapbox?) rather than to me directly (which he did much later, in an instant message discussion).”

    I care deeply about the integrity of Wikipedia, and take very seriously my responsibilities as a member of the board and as a member of the Wikipedia community. I would never knowingly do anything to compromise that trust.

    Marsden placed a t-shirt and sweater which she said were left at her apartment by Wales up on Ebay, and started the bidding for each at ninety-nine cents, with the auctions set to end on March 12. By Monday, bidding on the t-shirt had reached US$300, and by Tuesday the highest bid had reached $12,200. In an email to The Globe and Mail, Marsden stated “My only focus right now, to be really honest, is on my career and finding a way to get back into print, TV, or radio here in NYC,” she wrote. “All of this other personal stuff is just an unfortunate distraction.”

    Jay Walsh, the Wikimedia Foundation’s head of communications, told the San Jose Mercury News that Wales’ actions in relaying Marsden’s concerns about her Wikipedia article to a team of trusted editors was within his “routine” role. When asked by the San Jose Mercury News if Wales’ actions regarding the Marsden article could compromise his role with the Wikimedia Foundation and Wikipedia, Walsh responded “No, absolutely not.”

    On Tuesday, ABC News carried a story by Wired News reporter Megan McCarthy regarding allegations of “excessive spending” by Wales, and Associated Press also reported on questions involving Wikimedia Foundation expenses. McCarthy reported that former Wikimedia executive Danny Wool, who had left the foundation last year, criticized Wales’ use of Wikimedia Foundation expenses in a blog post. Wool stated that Wales had tried to expense $300 bottles of wine, a $1,300 dinner for four at a Florida steakhouse, and visits to Moscow massage parlors to the foundation, and that the foundation rescinded Wales’ corporate credit card in 2006. Wool also stated that Wales paid the foundation $7,000, after being short $30,000 on receipts for expenses.

    Wool told EPICENTER that “There were occasions where he used [the Wikimedia Foundation] for personal advancement under the guide [sic] of the mission. And, as someone who was in there for the mission part of it, I found that rather distressful.” Wool commented in an interview with the San Francisco Chronicle: “Originally, it was carelessness … But as things developed, it became more apparent and obvious that he was taking advantage of the foundation credit card. It was almost like his personal piggy bank.”

    Jimmy has never used Wikimedia money to subsidize his personal expenditures. Indeed, he has consistently put the foundation’s interests ahead of his own.

    In an instant message exchange with Associated Press, Wales denied that the Wikimedia Foundation had taken away his corporate credit card, and asserted that he had made the decision to stop expensing business travel for the foundation. Wales highlighted a statement by the foundation’s executive director Sue Gardner: “Jimmy has never used Wikimedia money to subsidize his personal expenditures. Indeed, he has consistently put the foundation’s interests ahead of his own.” In an email to Associated Press, Brad Patrick, a former attorney for the Wikimedia Foundation, stated “Danny seems interested in blogging his way straight to a lawsuit”.

    Florence Devouard, who chairs the Wikimedia Foundation, told Associated Press that Wales had been “slow in submitting receipts,” and that the foundation had rejected Wales’ expense at the Florida steakhouse. Devouard told fellow foundation board members in a private email that she had convinced Associated Press that “the money story was a no story,” and told Wales “I find (it) tiring to see how you are constantly trying to rewrite the past. Get a grip!” Wales told Associated Press: “The board, the current executive director, the previous executive director, and independent auditors have reviewed our books and publicly agree that all of my expenses were appropriate and fully accounted for.”

    Media reports speculated on how the controversy would end up being represented in Wikipedia itself. On Wednesday, the St. Petersburg Times wrote: “Wales’ Wikipedia page said only this about Marsden: ‘Wales had a brief relationship with Canadian journalist Rachel Marsden.'” An article in The Australian surmised: “History will decide whether Mr Wales broke his own principles, but before that happens there may well be a Wikipedia page devoted to the controversy.”

    Retrieved from “https://en.wikinews.org/w/index.php?title=Wikipedia_founder_embroiled_in_affair_and_financial_allegations&oldid=2950225”
    ">Digg
  • Wikipedia founder embroiled in affair and financial allegations">Del.icio.us
  • Wikipedia founder embroiled in affair and financial allegations">StumbleUpon
  • Wikipedia founder embroiled in affair and financial allegations">Reddit
  • Twitter
  • RSS
  • Read User's Comments(0)

    International participants showcase different industry cultures at 2008 Taipei Game Show

    ">
    International participants showcase different industry cultures at 2008 Taipei Game Show
    Posted in Uncategorized | December 12th, 2022

    Friday, January 25, 2008

    B2B Trade Area of Taipei Game Show, criticized by trade buyers last year, but accompanied with 2008 Taiwan Digital Content Forum, moved to the second floor at Taipei World Trade Center for world-wide participants with a better exchange atmosphere this year.

    Not only local OBMs (Softstar Entertainment, Soft-World International Corp., International Games System Corp., …, etc.) but also companies from New Zealand, Canada, Japan, Hong Kong, and South Korea showcased different specialists with multiple styles. Especially on South Korea, participated members from G? Trade Show (Game Show & Trade, All-Round, aka Gstar) showcased gaming industry of South Korea and the G? upcoming at this November with brochures.

    In the 2-days Digital Content Forum, world-class experts not only shared industry experiences, members from Taiwan Gaming Industry Association also discussed and forecasted marketing models for gaming industry. With participations from governmental, industrial, and academical executives world-wide, this forum helps them gained precious experiences of digital content industry from several countries.

    According to the Taipei Computer Association, the show and forum organizer, the digital content industry in Taiwan was apparently grown up recent years as Minister of Economic Affairs of the Republic of China Steve Ruey-long Chen said at Opening Ceremony yesterday. Without R&Ds from cyber-gaming, and basic conceptions from policies and copyright issues, this (digital content) industry will be fallen down in Taiwan. If this industry wanted to be grown up in sustainability, gaming OBMs in Taiwan should independently produce different and unique games and change market style to market brands and games to the world.

    Retrieved from “https://en.wikinews.org/w/index.php?title=International_participants_showcase_different_industry_cultures_at_2008_Taipei_Game_Show&oldid=621950”
    ">Digg
  • International participants showcase different industry cultures at 2008 Taipei Game Show">Del.icio.us
  • International participants showcase different industry cultures at 2008 Taipei Game Show">StumbleUpon
  • International participants showcase different industry cultures at 2008 Taipei Game Show">Reddit
  • Twitter
  • RSS
  • Read User's Comments(0)

    US astronaut Neil Armstrong dies

    ">
    US astronaut Neil Armstrong dies
    Posted in Uncategorized | December 12th, 2022

    Sunday, August 26, 2012

    Former American astronaut Neil Armstrong has died at the age of 82, due to complications following heart bypass surgery earlier this month. He is known as the first person to walk on the moon when commander of Apollo 11, the first manned mission to land on the moon.

    Armstrong was born on August 5, 1930 in Wapakoneta, Ohio. On March 16, 1966, he became the first American civilian to orbit Earth whilst onboard Gemini VIII with crewmate Davis R. Scott. Following Gemini VIII’s docking with another spacecraft in orbit, it began tumbling out of control due to a faulty thruster. Armstrong used an emergency set of thrusters to regain control; Gemini VIII then landed in the Pacific Ocean after ten hours of flight.

    Apollo 11 launched on July 16, 1969, with Armstrong and crewmates Buzz Aldrin and Michael Collins. Whilst Collins stayed in lunar orbit, Armstrong and Aldrin landed on the moon on July 20; On touchdown, Armstrong said: “Tranquility Base here. The Eagle has landed”. Upon stepping on to the surface of the Moon on July 20, 1969, he famously said, “That’s one small step for [a] man, one giant leap for mankind.” The landing, and subsequent moonwalk, was watched by half a billion people around the world. Armstrong and Aldrin spent approximately two hours walking on the lunar surface before lifting off for Apollo 11’s return to Earth on July 24.

    Armstrong later spent a few years as a NASA manager. Also teaching engineering at the University of Cincinnati, he was appointed to panels investigating the Apollo 13 and Challenger disasters. His first wife, Jan, divorced him in 1995; he married Carol Knight in 1999, and lived in Cincinnati.

    After Armstrong’s death, his family released a statement saying, “While we mourn the loss of a very good man, we also celebrate his remarkable life and hope that it serves as an example to young people around the world to work hard to make their dreams come true, to be willing to explore and push the limits, and to selflessly serve a cause greater than themselves.”

    Buzz Aldrin released a statement on his website paying tribute to Armstrong: “I will miss my friend Neil as I know our fellow citizens and people around world will miss this foremost aviation and space pioneer.”

    Retrieved from “https://en.wikinews.org/w/index.php?title=US_astronaut_Neil_Armstrong_dies&oldid=4230772”
    ">Digg
  • US astronaut Neil Armstrong dies">Del.icio.us
  • US astronaut Neil Armstrong dies">StumbleUpon
  • US astronaut Neil Armstrong dies">Reddit
  • Twitter
  • RSS
  • Read User's Comments(0)

    American Samoa received eight minutes warning before 2009 tsunami

    ">
    American Samoa received eight minutes warning before 2009 tsunami
    Posted in Uncategorized | December 11th, 2022

    Friday, September 24, 2010

    People in American Samoa were given only eight minutes warning that a tsunami, which killed 32 people in the unincorporated territory, resulting from the 2009 Samoa earthquake, was approaching. A report published by the United States Congress admits that the warning was issued sixteen minutes after the 8.0 magnitude earthquake struck Samoa. The tsunami killed nearly 200 people in American Samoa, Samoa and Tonga.

    The report, written by the National Research Council, describes the length of time between the earthquake and the initial tsunami warning being issued as “relatively long”, and states that the standard time for such a warning to be issued to be around two minutes. The study also revealed that one third of tsunami sensors are not working at any given time.

    John Orcutt, a [seismologist and head of the committee that wrote the report, described the delay as a “major concern”, but he also said that “a large number of people” in American Samoa “didn’t understand and there were lives that were lost because people simply didn’t take the action to get away from the shore when they felt this huge earthquake. People have to understand the signs of a tsunami and head to higher ground.”

    The Federal Emergency Management Agency, whose purpose is to coordinate the response to a disaster that has occurred in the United States and that overwhelms the resources of local and state authorities, and the Government of American Samoa did not respond to e-mails regarding the news.

    The study also notes that people living in other coastal cities around the world are at risk of being unprepared for tsunamis that arrive soon after the earthquake occurs, stating that in many places, warnings might not be issued in time. “If the source were so close to shore that only minutes were available before the tsunami reached the coast, the public would need to recognize natural [signs of a tsunami approaching].” The report states that when they fear a tsunami is imminent, people should know to evacuate even “without official warnings.”

    The report warns that because tsunamis are so rare, people living near the coast do not know what to do, but it also criticises authorities for not informing citizens of how to react when a tsunami is approaching. “Everybody thought that the tsunami was a single wave, and once the expected landfall time came and left, they thought it was over,” said Costas Synolakis, who is director of the Tsunami Research Center at the University of Southern California, and one of the report’s authors. He continued, “In fact, tsunamis are a series of waves that can last for three to four hours.”

    He said that the United States must take action, training first responders in low-lying coastal areas, and adding more tsunami sensors to give advance warning of approaching waves. Synolakis added that, after receiving warning that there may have been a tsunami on the way after the Chile earthquake earlier this year, the response of firefighters at the Port of Los Angeles was poor because they were unfamiliar with how to deal with such a threat.

    In the capital of American Samoa, Pago Pago, the tsunami measured 1.57 meters in height. The superintendent of the National Park of American Samoa Mike Reynolds reported four waves as high as six meters. People who experienced the quake said it was long, lasting from 90 seconds to three minutes. “Pago Pago city streets were strewn with overturned vehicles, cars, and debris. Some buildings located only slightly above sea level were completely destroyed by the waves, and power in some locations is not expected to be restored for up to a month,” Wikinews reported at the time.

    Didi Afuafi, 28, who was riding on a bus in American Samoa when the tsunami struck, described her experiences. “I was scared. I was shocked. All the people on the bus were screaming, crying and trying to call their homes. We couldn’t get on cell phones. The phones just died on us. It was just crazy,” she said. “This is going to be talked about for generations.” U.S. President Barack Obama said of the disaster: “My deepest sympathies are with the families who lost loved ones and many people who have been affected by the earthquake and the tsunami.”

    The people of American Samoa will, next Wednesday, according to a press release by the government, “hold island-wide services to honor the memories of the 34 loved ones who lost their lives” during the tsunami. Church services will be held at 6:00 a.m., followed at 6:48 a.m.—the time when the earthquake occured—thirty-two bells will be rung in memory of those who perished.

    Retrieved from “https://en.wikinews.org/w/index.php?title=American_Samoa_received_eight_minutes_warning_before_2009_tsunami&oldid=4511659”
    ">Digg
  • American Samoa received eight minutes warning before 2009 tsunami">Del.icio.us
  • American Samoa received eight minutes warning before 2009 tsunami">StumbleUpon
  • American Samoa received eight minutes warning before 2009 tsunami">Reddit
  • Twitter
  • RSS
  • Read User's Comments(0)

    James Bond star Roger Moore, 89, dies

    ">
    James Bond star Roger Moore, 89, dies
    Posted in Uncategorized | December 11th, 2022

    Thursday, May 25, 2017

    It is the heaviest of hearts, we must share the awful news that our father, Sir Roger Moore, passed away today. We are all devastated.

    On Tuesday, British actor Roger Moore, best known for portraying Simon Templar of the 1960s series The Saint and the spy character James Bond, died in Switzerland at the age of 89.

    Before his death, Moore fought recently diagnosed cancer. His family confirmed his death on Twitter saying, “It is the heaviest of hearts, we must share the awful news that our father, Sir Roger Moore, passed away today. We are all devastated.”

    Other stars paid tribute to Roger Moore via Twitter, including Russell Crowe, Michael Ball, Mia Farrow, Boy George, and Duran Duran, who sang the eponymous theme song for Bond film A View to a Kill featuring Moore as Bond.

    Moore was born in Stockwell, South London an only child to his working-class parents on October 14, 1927. During World War II, he and his mother mostly stayed in Amersham, 25 miles from London. Moore left grammar school in 1943 to work.

    Moore’s father, a detective sergeant, came to the home of film director Brian Desmond Hurst that had been robbed. Moore was introduced by his father to Hurst and then started his acting career in summer 1944 as an extra in the film Caesar and Cleopatra. Impressed, Hurst helped Moore gain extra parts in two other films and then paid for Moore’s acting studies at the Royal Academy of Dramatic Arts.

    Moore was assigned to the National Service in 1945 and then, after training, was ranked captain. Afterwards, he appeared in modeling engagements, like appearance in Women’s Own magazine.

    Moore arrived in the United States in 1953 and then signed a contract with Metro-Goldwyn-Mayer (MGM) for mainly supporting roles. He portrayed the male lead in 1956 film Diane. He first appeared on television as the titular character of the late-1950s ITV series Ivanhoe. He later appeared in some western series, like Maverick from 1960 to 1961, replacing James Garner as the lead of the series.

    Moore then portrayed Simon Templar, stealing from rich antagonists, in the ITV series The Saint. The series ran 118 episodes from 1962 to 1969. Due to his contract for The Saint, Moore was prevented from being cast as James Bond for the 1962 film Dr. No, which stars Sean Connery, the first actor to portray Bond.

    Moore eventually became the third actor to portray Bond, and his first Bond film was the 1973 film Live and Let Die. He would appear again as Bond in six more films: The Man with the Golden Gun, 1974; The Spy Who Loved Me, 1977; Moonraker, 1979; For Your Eyes Only, 1981; Octopussy, 1983; and A View to a Kill, 1985.

    In 1991 Moore became a UNICEF goodwill ambassador. His UNICEF work earned him Commander of the Most Excellent Order of the British Empire (CBE) in the late 1990s. He was knighted in 2003 for that.

    Throughout 2000s, Moore performed voiceovers in mostly animated films and made appearances in some other live-action films, like the 2002 film Boat Trip, portraying a gay man resembling Bond. Then he wrote his 2008 autobiography My Word Is My Bond and other books, including memoir One Lucky Bastard and Bond on Bond.

    Moore married four times, to four different women. He was survived by his fourth wife, Danish-Swedish multimillionaire Kristina “Kiki” Tholstrup, and his three children.

    Retrieved from “https://en.wikinews.org/w/index.php?title=James_Bond_star_Roger_Moore,_89,_dies&oldid=4319407”
    ">Digg
  • James Bond star Roger Moore, 89, dies">Del.icio.us
  • James Bond star Roger Moore, 89, dies">StumbleUpon
  • James Bond star Roger Moore, 89, dies">Reddit
  • Twitter
  • RSS
  • Read User's Comments(0)

    UK house prices have fallen 10.5% this year, says Nationwide Building Society

    ">
    UK house prices have fallen 10.5% this year, says Nationwide Building Society
    Posted in Uncategorized | December 10th, 2022

    Thursday, August 28, 2008

    After dropping 1.9% in July, house prices in the United Kingdom are now falling at the fastest rate since 1990, according to Nationwide Building Society.

    The average price of a home has dropped by £20,000 down to £164,654, losing 10.5% of its value in 2008. Property values fell by 1.9% in the past month, and 1.5% in July. In another study, it was revealed that house prices have been steadily falling since October last year.

    Nationwide’s chief economist, Fionnuala Earley said that activities in the housing market had recently been “very subdued”, although there are signs of increased interests in home sales, possibly due to the appeal of lower house prices.

    The Bank of England stated there has been an increase in the number of people taking out a fixed rate mortgage as opposed to a variable rate loan. Further research by Nationwide has concluded that mortgage approvals also fell by 65% last month.

    Retrieved from “https://en.wikinews.org/w/index.php?title=UK_house_prices_have_fallen_10.5%25_this_year,_says_Nationwide_Building_Society&oldid=2628195”
    ">Digg
  • UK house prices have fallen 10.5% this year, says Nationwide Building Society">Del.icio.us
  • UK house prices have fallen 10.5% this year, says Nationwide Building Society">StumbleUpon
  • UK house prices have fallen 10.5% this year, says Nationwide Building Society">Reddit
  • Twitter
  • RSS
  • Read User's Comments(0)

    FC Bayern Munich sign Jürgen Klinsmann as new coach

    ">
    FC Bayern Munich sign Jürgen Klinsmann as new coach
    Posted in Uncategorized | December 9th, 2022

    Friday, January 11, 2008

    Former German national coach Jürgen Klinsmann has been signed as the new Bayern Munich coach for the 2008/2009 Bundesliga season. This will mark Klinsmann’s first managerial position at club level, succeeding current coach Ottmar Hitzfeld.

    Over the past few months Klinsmann was being considered for various coach positions after reforming the German national team and finishing 3rd at the 2006 Football World Cup as coach of the German national team. Previously there had been reports that he was looking at Newcastle, Chelsea, Tottenham and there also was a possibility for him to be Steve McClaren’s successor as the national coach for the English football team.

    Klinsmann will be returning to the club where he played from 1995 till 1997 and won a UEFA Cup, a German league championship and a League Cup. Klinsmann’s contract will start on July 1, 2008.

    Retrieved from “https://en.wikinews.org/w/index.php?title=FC_Bayern_Munich_sign_Jürgen_Klinsmann_as_new_coach&oldid=3937576”
    ">Digg
  • FC Bayern Munich sign Jürgen Klinsmann as new coach">Del.icio.us
  • FC Bayern Munich sign Jürgen Klinsmann as new coach">StumbleUpon
  • FC Bayern Munich sign Jürgen Klinsmann as new coach">Reddit
  • Twitter
  • RSS
  • Read User's Comments(0)

    Ralph Nader calls out Democrats for financial bailout

    ">
    Ralph Nader calls out Democrats for financial bailout
    Posted in Uncategorized | December 9th, 2022
     Correction — Aug 2, 2010 Nader referred to the 1999 repeal of the 1933 Glass-Steagal Act. The Wikinews article omitted the word “repeal” from the account of Nader’s speech. 

    Sunday, October 5, 2008

    Independent U.S. presidential candidate Ralph Nader had harsh words for the Democrats who engineered yesterday’s passage of the Emergency Economic Stabilization Act of 2008, a bailout of the U.S. financial system. At a campaign stop in Waterbury, Connecticut on Saturday, Nader said that Democrats passed up a chance to enact re-regulation of the financial system and instead gave Wall Street everything it wanted.

    According to Nader, Senator Chris Dodd (D-CT), Representative Barney Frank (D-MA), and other Democrats considered but rejected measures such as a tax on transactions of derivatives (a “speculation tax”) because of their financial ties to Wall Street and its lobbyists. He said that Representative Chris Murphy (D-CT), who represents Waterbury, had “become a toady” of Nancy Pelosi. He drew enthusiastic applause by calling Murphy “a dynamic fraud”, and referred to Senator Joe Lieberman as “the Hermaphrodite of American Politics”. For Murphy and Representative Chris Shays (R-CT), Nader said, supporting the bailout despite the opposition of constituents was a “profile in betrayal”. Because there were no public hearings where taxpayers and experts could weigh in on the bailout, Nader characterized it as a return to “taxation without representation“—under “King George IV” 225 years after the 13 colonies were taxed under King George III.

    Asked about causes of the financial crisis, Nader pointed to the deregulation of the financial sector with the 1999 Glass-Steagall Act and further deregulation in 2000, as well as the rise of overly complex financial derivatives. He outlined a four-part reform plan:

    1. Re-regulation of financial markets
    2. Increasing shareholder control of corporations
    3. Taxpayer equity as part of any bailout, as in the 1979 bailout of Chrysler Corporation
    4. Making speculators pay by enacting a 0.1% tax on derivatives transactions (which Nader said will amount to over $500 trillion this year)

    Regarding the equity warrants included in the passed bailout, Nader relayed word from an unnamed source that Treasury Secretary Henry Paulson had told Wall Street executives “don’t worry, it’s not enforceable”.

    Nader told reporters that he had abandoned the Green Party because “Greens are not disciplined, and they’re not mature”, and also lack the fund-raising capabilities to break into mainstream political discussions. “They bicker and bicker,” he said, pushing out their best people. However, he endorsed several local Green Party candidates, including Chris Murphy’s opponent Harold Burbank.

    The virtual media blackout for third party campaigns by national newspapers and networks has been a source of continual frustration for the Nader campaign, as well as the campaigns of Libertarian Bob Barr and Green Cynthia McKinney and the post-campaign activities of Republican Ron Paul. According to Nader, reporters tell him that editors of national media are “very bigoted against third party and independent candidacies”. Even journalists for taxpayer-supported media, such as National Public Radio‘s Terry Gross and the Public Broadcasting Service‘s Jim Lehrer, have shut him out during this campaign. Debates, he lamented, are controlled by corporate interests through the Commission on Presidential Debates.

    Nader spoke to a supportive crowd of about 60 people and his campaign raised over $2000 at the event, their third visit to Waterbury. The event took place in the former building of a closed-down bank.

    Retrieved from “https://en.wikinews.org/w/index.php?title=Ralph_Nader_calls_out_Democrats_for_financial_bailout&oldid=3290652”
    ">Digg
  • Ralph Nader calls out Democrats for financial bailout">Del.icio.us
  • Ralph Nader calls out Democrats for financial bailout">StumbleUpon
  • Ralph Nader calls out Democrats for financial bailout">Reddit
  • Twitter
  • RSS
  • Read User's Comments(0)
    « Older Entries
    Newer Entries »