Wednesday, November 4, 2009

04 Nov 2009: Today's Democracy Now!

Election Day 2009: GOPers Sweep Governor Races; Bloomberg Wins Tight NYC Mayoral Race; Dems Take House Seats; Maine Repeals Gay Marriage
Republicans have won the governorships in New Jersey and Virginia, while New York’s billionaire mayor Michael Bloomberg survived a stunningly close race against William Thompson. Bloomberg spent an estimated $100 million, making this the most expensive race in history outside the presidency. Meanwhile, Maine voters repealed a state law that would have allowed same-sex couples to wed.

Low Road to High Finance: McClatchy Expose Reveals How Goldman Sachs Sold Off Billions in Mortgage Securities After Anticipating Housing Collapse
A five-month investigation by McClatchy Newspapers has revealed that Goldman Sachs made secret bets against the housing market while simultaneously selling off billions in soon-to-be worthless securities. In 2006 and 2007, the bank reportedly peddled more than $40 billion in securities backed by at least 200,000 risky home mortgages, but never told the buyers it was secretly betting that a sharp drop in US housing prices would send the value of those securities plummeting. We speak to McClatchy reporter Greg Gordon.

Blueberry Farming Giant Found to Use Child Labor at Michigan Fields
An ABC News investigation has exposed how one of the country’s largest blueberry growers uses child labor on its fields. Adkin Blue Ribbon Packing Company in South Haven, Michigan is at the center of this scandal. Wal-Mart and the Kroger supermarket chain were among Adkin’s high-profile customers that have now cut ties with the blueberry grower. We speak to ABC News chief investigative correspondent Brian Ross and Teresa Hendricks of Michigan Migrant Legal Aid.

Headlines

GOPers Win NJ, VA Gov. Races; Bloomberg Retains Mayoral Seat with Slim Margin
GOP Boycott Delays Senate Climate Bill
House Denounces Goldstone Report on Gaza Assault
Iranian Forces Beat Protesters
US Official Meets Suu Kyi in Burma
Honduran Lawmakers Delay Vote on Restoring Zelaya
Iraq Awards Largest Oil Deal Since ’03 Invasion
12 Single-Payer Advocates Arrested at Pelosi Offices
Colorado Public TV Station Launches Non-Profit Investigative News Division


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