Leid Stories Stories and news that affect us all

May 22, 2014  

Detroit: Court Hears ‘Grand Bargain’; Banksters See A ‘Renaissance’

In Vermont, A Big Victory for Free and Fair Elections

In Congress, Republicans Force New Probe Into Benghazi Terrorist Attack

Federal mediators announced yesterday that the United Auto Workers union has agreed to help raise funds to cover the costs of retirees’ pensions as part of a “grand bargain” with Emergency Manager Kevyn Orr to pull the City of Detroit out of bankruptcy.

Leid Stories correspondent Abayomi Azikiwe, editor of the Pan-African Newswire, brings us up to speed on yesterday’s legal dealings; a sudden affection for the city by bankster JPMorgan Chase; and the Koch Brothers’ effort to make an example of Detroit.

On April 16, Leid Stories featured a small political action committee, calling itself Wolf-PAC, that had launched an ambitious plan to end corporate financing of political campaigns—in essence seeking to reverse the effect of controversial Citizens United U.S. Supreme Court decision that political spending by corporations is a form of protected speech.

Todd Jagger, Wolf-PAC’s coordinator for Texas and Western states, reports a historic victory for the organization in Vermont.

Under restrained protest, House Minority Leader Nancy Pelosi yesterday presented five Democrats who will join the Republican-led select committee re-examining the Sept. 11, 2012 attack on the U.S. consulate in Libya.

The matter has been thoroughly discussed and put to rest, said Pelosi. Not so, says the irksome Sen. Lindsey Graham (R-SC), as he makes his case on the Senate floor. 

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