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thinkahol *

Glenn Greenwald On "America's Lawless Elite" | On Point with Tom Ashbrook - 1 views

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    Glenn Greenwald studied law and spent ten years as a litigator in federal and state courts across the country. Now he's a big two-fisted progressive blogger and columnist for Salon.com. And he's out with a blistering critique of what has happened to American law. We've stopped applying it to everyone, says Greenwald. We've carved out an exemption for Americans in the halls of power. We've created what Greenwald calls a "lawless elite" that is running roughshod over our economy and national policy. Over American law. This hour On Point: Glenn Greenwald, and liberty and justice for some.
Giorgio Bertini

A saudade do escravo na velha diplomacia brasileira - Leonardo Boff - 0 views

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    As elites brasileiras, tidas por Darcy Ribeiro como das mais reacionárias do mundo, nunca aceitaram Lula porque pensam que seu lugar não é na Presidência, mas sim na fábrica produzindo para elas. A nossa imprensa comercial é obtusa face ao novo período histórico que estamos vivendo. Por isso abomina também a diplomacia de Lula.
thinkahol *

Open proposal to US higher education: end oligarchy economics, save trillions with educ... - 0 views

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    Economics: I'm going to discuss trillions of dollars in a moment. As an economics teacher, I understand numbers this large are extremely difficult to imagine. If you are among the majority with this difficulty, I recommend that you follow the expert testimony that paints the picture, and know that success in this area of public education transformation that unleashes trillions of our dollars for human creative capacity in unimaginable power is sufficient to end the current economic crisis. This is the longest section of my briefing. If you tire in reading, please consider that at trillions of dollars of annual public benefits, you literally have nothing more valuable to do than understand the following facts and ideas. Harvard's Linda Bilmes co-authored a paper with Nobel Prize winner Joseph Stiglitz estimating the long-term costs of current US wars at now $3 to $5 trillion ($30-$50,000 per US household of $50,000/year income), with total debt increase since 2001 of over $10 trillion. Remember, as demonstrated by the evidence disclosed by our own government, all the reasons Americans were told to go to war were known to be lies as they were told and applicable law proves these wars Orwellian unlawful. Just down the Charles River from Harvard, MIT's Simon Johnson (and former Chief Economist of the International Monetary Fund) describes our economy being lead by gambling oligarchs who have captured government as in banana republics (his words), and might plunge the US into an economy worse than the Great Depression. From his article under the telling title, The Quiet Coup: "Elite business interests-financiers, in the case of the U.S.-played a central role in creating the crisis, making ever-larger gambles, with the implicit backing of the government, until the inevitable collapse. More alarming, they are now using their influence to prevent precisely the sorts of reforms that are needed, and fast, to pull the economy out of its nosedive. The govern
thinkahol *

Is Student Debt the Next Front in the Consumer Debt Crisis? « naked capitalism - 0 views

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    The media has been so preoccupied with acute symptoms of the debt crisis - sliding home prices, foreclosure abuses, ongoing Euromarket bank/sovereign debt stress, ongoing battles over financial regulation implementation, unhappiness over the Fed's QE2 - that lingering problems are not getting the attention they deserve. High on the list is the how the weak job market is affecting new college and advanced degree program graduates. We have an unspoken social contract: young people who get an education, particularly a "good" education (which means more elite universities, more serious courses of study, graduate degrees) are supposed to be rewarded by higher lifetime earnings. And the prospect of higher lifetime earnings in turn makes it rational to borrow to invest in education. But this whole premise has started to go awry, and the huge uptick in unemployment has started to make matters worse.
thinkahol *

The Unwisdom of Elites - NYTimes.com - 0 views

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    The past three years have been a disaster for most Western economies. The United States has mass long-term unemployment for the first time since the 1930s. Meanwhile, Europe's single currency is coming apart at the seams. How did it all go so wrong?
thinkahol *

GRITtv » Blog Archive » Chris Hedges: The World As it Is - 0 views

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    "You can't sustain a democracy in an oligarchic state. The writers on Athenian democracy understood that 2000 years ago," says Chris Hedges, whose new book The World As It Is: Dispatches on the Myth of Human Progress explores the problems of a crumbling empire, inside and out. Chris joins Laura in studio for a conversation about the death of Bin Laden and the continuing concern over terrorism, the end of empathy in the U.S., and what avenues are left for progressives to fight back.  "The elites are not going to help us," he warns, "We're going to have to help ourselves."
Giorgio Bertini

Fighting (for?) Europe: How European Elites Lost a Generation « Learning Poli... - 0 views

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    The European Union is in bad shape. Not only is the common currency in a shambles and the economies of many member states moribund, but young Europeans no longer see how the EU helps them. Millions of them are taking to the streets to demand a future.
thinkahol *

Bourgeois pundits ponder Marx « Louis Proyect: The Unrepentant Marxist - 0 views

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    Over the past few months there has been a bumper crop of articles in elite publications such as the Financial Times making the case that Karl Marx was right-or mostly right. This is understandable given the perilous times we are living through. The kind of Panglossian message found in Fukuyama's End of History is ill-suited to a world edged on the precipice of economic ruin, largely beyond the capability of the world bourgeoisie to resolve.
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