After promising to enhance whistle-blower laws to protect federal workers, the Obama administration has used the Espionage Act as a kind of ad hoc Official Secrets Act.
Sherry Hunt, a Citigroup quality-assurance vice president turned in evidence of purposeful fraud against Fannie Mae and Freddie Mac and now stands to gain as much as $31 million as her share of the fine.
Please consider Citigroup ‘Defrauded' Fannie, Freddie.
Guest blog post by U.S.
Assistant Secretary of Commerce for Economic Development John R. FernandezThis year, President Obama
hosted the third Tribal Nations Conference at the White House to hear directly
from tribal leaders about their priorities. I had the opportunity to address
this very dynamic group during the two day forum with representatives of federally
recognized tribes.
The President is committed to
strengthening the government to government relationship with Indian Country and
partnering and investing to find solutions to complex issues and to win the
future for Indian Country.
Environmental challenges are
affecting tribal economies. The Obama administration has taken significant
steps to mitigate environmental risks and strengthen the capacity of
reservations to meet the training and economic needs of their communities.
Native Americans living on
reservations experience higher incidences of environmentally-related health
issues than other groups, including in the upper Missouri River basin. This
includes 19 reservations in Montana, North Dakota, and South Dakota, along the
Missouri River system and its tributaries where minerals and wildlife are
abundant both in water and on land. Unfortunately, as concerns about the
environment have plagued these communities, the response has not been timely or
meaningful. These are areas of the country where the norm is economic
depression and generational unemployment. In some cases unemployment rates
approach 90 percent. The impacts of environmental degradation have contributed
to stagnant business growth in these rural communities and severely limited
opportunities for workers.
WASHINGTON — Sharing a bit of budget pain, President Barack Obama will return 5% of his salary to the Treasury in a show of solidarity with federal workers smarting from government-wide spending cuts.
Obama’s decision grew out of a desire to share in the sacrifice that government employees are making, a White House official said Wednesday. Hundreds of thousands of workers could be forced to take unpaid leave – known as furloughs – if Congress does not reach an agreement soon to undo the cuts.
Last week, I noted a piece by Steve Rattner who was horrified that individual investors, empowered by companies like Kickstarter, might one day be able to invest in startups without paying a fee to Goldman Sachs.
I noted that Mr. Rattner's concern for investors seemed to be coming rather late, given that "he was the primary architect of the extra-legal screwing of GM and Chrysler secured creditors in favor of the UAW and other Obama supporters."
Guest blog post by Commerce Assistant Secretary
for Economic Development John R. FernandezOn February 7, 2012, my colleague Phil Singerman, Associate Director for Innovation and Industry Services at the Department of Commerce’s National Institute of Standards and Technology, and I joined local manufacturers in Colorado to discuss lab-to-market strategies during an innovation and commercialization forum hosted by the Colorado Association for Manufacturing and Technology.In his State of the Union address, President Obama noted that “Innovation also demands basic research. Today, the discoveries taking place in our federally-financed labs and universities could lead to new treatments that kill cancer cells but leave healthy ones untouched. New lightweight vests for cops and soldiers that can stop any bullet.”Manufacturers in Colorado and across the nation are developing new ideas, research and products to solve the pressing issues we face and create the jobs and industries of the future. Over the last three years, the Obama administration has been making smart investments to accelerate the process for taking research from labs to the marketplace and create jobs for America’s workers.
Guest blog post by Commerce Assistant Secretary
for Economic Development John R. Fernandez On February 7, 2012, my colleague Phil Singerman, Associate Director for Innovation and Industry Services at the Department of Commerce’s National Institute of Standards and Technology, and I joined local manufacturers in Colorado to discus lab to market strategies during an innovation and commercialization forum hosted by the Colorado Association for Manufacturing and Technology.In his State of the Union address, President Obama noted that “Innovation also demands basic research. Today, the discoveries taking place in our federally-financed labs and universities could lead to new treatments that kill cancer cells but leave healthy ones untouched. New lightweight vests for cops and soldiers that can stop any bullet.”Manufacturers in Colorado and across the nation are developing new ideas, research and products to solve the pressing issues we face and create the jobs and industries of the future. Over the last three years, the Obama administration has been making smart investments to accelerate the process for taking research from labs to the marketplace and create jobs for America’s workers.
Amnesty International accused Israel Friday of subjecting nuclear whistle-blower Mordechai Vanunu to "inhuman" treatment by sending him back to jail.Vanunu, a former nuclear technician who served 18 years for disclosing atomic secrets to a British newspaper, was jailed for three months last month for breaking the terms of his release and meeting a foreigner."Mordechai Vanunu should not be in prison at all, let alone be held in solitary confinement in a unit intended for violent criminals," said Malcolm Smart, the London-based rights group's Middle East programme director.
Israeli nuclear whistle-blower Mordechai Vanunu began a three-month jail sentence on Sunday for breaking the terms of his release and meeting a foreigner, judicial sources said.An Israeli court had in December sentenced Vanunu to serve three months community service or three months in prison, for violating the terms of his release from prison in 2004.The former nuclear technician, who served 18 years for disclosing atomic secrets to a British newspaper, had opted for community service but asked Israel's Supreme Court if he could perform it in Arab east Jerusalem.