Posted 5 years ago on July 22, 2012, 6:53 p.m. EST by LeoYo
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Witness to Innocence: Wrongful Execution and Exoneration
Sunday, 22 July 2012 07:37 By Robert Wilbur, Truthout | News Analysis
Randy Steidl was pissed off. And when he was not pissed off, he was enraged. Pissed off and enraged at what the criminal "justice" system was doing to him. But for his anger, he thinks he might have gone insane. Steidl spent twelve years on Illinois' death row, awaiting execution by lethal injection and five more years as an LWOP (Life Without Parole) prisoner before he was finally exonerated of the horrendous crime he did not commit.
The Shots Heard Round the World: Argentina's Radical Banking Reforms
Sunday, 22 July 2012 13:05 By Rick Rowden, Foreign Policy | News Analysis
At a time when most governments seem incapable of doing anything about unemployment, worsening economic inequality, and continuing financial instability, Argentina has adopted a set of striking new reforms that will enable its central bank to play a much more proactive role in addressing all of these problems. In fact, the reforms, adopted in March, may be the first shots fired in a quiet revolution in monetary policy. If successful, they could threaten to overturn 25 years of conservative central bank policies that have long been considered best practice by the IMF and central banks around the world.
Less enthusiastic about such prospects are champions of financial liberalization, such as those at The Economist and The Wall Street Journal, and at least two generations of economists who've built their careers on the efficacy of central bank independence. In queries for this report, the IMF press office would only say, "No comment."