Russell Simmons presents thirteen proposed Constitutional amendments aimed at getting money out of American politics.
'The new Republican leaders in the House have received millions of dollars in fresh contributions from banks, health insurers and other major business interests, which are pressing for broad reversals of Democratic policies that affect corporations, according to disclosure records and interviews.''Much of that money flowed to the GOP chairmen overseeing banking, energy and other key committees, who will play a central role in setting the House agenda over the next two years. The impetus behind such largess is simple: Many companies and industry groups hope that House Speaker John A. Boehner (Ohio) and other Republicans will succeed in rolling back Democratic policies they find objectionable, including environmental and Wall Street regulations.' [more inside]
Radio, RIAA: mandatory FM radio in cell phones is the future. 'Music labels and radio broadcasters can't agree on much, including whether radio should be forced to turn over hundreds of millions of dollars a year to pay for the music it plays. But the two sides can agree on this: Congress should mandate that FM radio receivers be built into cell phones, PDAs, and other portable electronics. The Consumer Electronics Association, whose members build the devices that would be affected by such a directive, is incandescent with rage. "The backroom scheme of the [National Association of Broadcasters] and RIAA to have Congress mandate broadcast radios in portable devices, including mobile phones, is the height of absurdity," thundered CEA president Gary Shapiro. Such a move is "not in our national interest." "Rather than adapt to the digital marketplace, NAB and RIAA act like buggy-whip industries that refuse to innovate and seek to impose penalties on those that do." But the music and radio industries say it's a consumer-focused proposition, one that would provide "more music choices."' [more inside]
Bob Boorstin, Google's Director of Policy Communications, wrote a letter to the Rose Foundation, suggesting that the foundation stop funding Consumer Watchdog, an outspoken Google critic. [more inside]