Below are Ring of Fire’s top stories from the past week.
Congressman Darrell Issa, the man with the nerve to call the Obama Administration “corrupt,” knows a thing or two about corruption. After all, the man has been arrested at least 3 times over the years for things like possessing an illegal weapon and stealing cars. That’s right – the man in charge of investigations for the House is a former car thief. Watch as Mike Papantonio and Ed Schultz uncover Issa’s criminal past.
A recent report by WTSP 10 News of Tampa Bay pointed out that after secretly decreasing yellow light intervals below the federal recommendations, the state of Florida has reaped millions from otherwise safe drivers. American Traffic Solutions, the company selling red light camera to governments on all levels, has a strong financial motive behind the practice. …Read more.
Powerhouse Senator Elizabeth Warren continues to school regulators and demand accountability for U.S. financial institutions. On Tuesday, Warren sent a letter to Chairman of the Federal Reserve Ben Bernanke, Attorney General Eric Holder, and Chairman of the Securities and Exchange Commission Mary Jo White, asking the regulators whether they have any evidence that a settlement that doesn’t require a bank to admit guilt is more cost-effective to the public than taking the bank to trial. …Read more.
After years of conflict and countless lawsuits filed against it, Johnson & Johnson’s orthopedic unit, DePuy Orthopaedics, is ending production of all metal replacement hips because of “high early failure rates,” according to New York Times author Barry Meier. Meier has been following products from Johnson & Johnson and DePuy for years, reporting the failures and scandals in the industry since the 90’s. … Read more.
Ever since proposing the Bank on Students Loan Fairness Act last week, Sen. Elizabeth Warren (D-Mass.) has amassed heaps of support in only a few short days, according to The Huffington Post. A petition in support of the bill, started by MoveOn.org, has already gotten over 250,000 signatures. … Read more.
Joshua is a writer and researcher with Ring of Fire.