Skip to main content

Home/ Politically Minded/ Group items tagged 'failed

Rss Feed Group items tagged

thinkahol *

Is Great Depression II on the Horizon? - Blogcritics Culture - 0 views

  •  
    A new study by Northwestern University economists, called The "Jobless and Wageless" Recovery from the Great Recession of 2007-2009," found that the economic recovery is highly uneven: corporate profits captured 88 percent of the growth in real national income while aggregate wages and salaries accounted for only slightly more than one percent. In other words, the average American worker has been left behind by the recovery, which officially began in June 2009. "The economic recovery through 2011 I has failed to create any net new jobs since the quarter marking the end of the recession in 2009 II
thinkahol *

Corrupt Obama Administration Pressuring New York Attorney General to Support ... - 0 views

  •  
    It is high time to describe the Obama Administration by its proper name: corrupt. Admittedly, corruption among our elites generally and in Washington in particular has become so widespread and blatant as to fall into the "dog bites man" category. But the nauseating gap between the Administration's propaganda and the many and varied ways it sells out average Americans on behalf of its favored backers, in this case the too big to fail banks, has become so noisome that it has become impossible to ignore the fetid smell. The Administration has now taken to pressuring parties that are not part of the machinery reporting to the President to fall in and do his bidding. We've gotten so used to the US attorney general being conveniently missing in action that we have forgotten that regulators and the AG are supposed to be independent. As one correspondent noted by e-mail, "When officials allegiances are to El Supremo rather than the Constitution, you walk the path to fascism."
thinkahol *

BART Pulls a Mubarak in San Francisco | Electronic Frontier Foundation - 0 views

  •  
    This week, EFF has seen censorship stories move closer and closer to home - first Iran, then the UK, and now San Francisco, an early locus of the modern free speech movement. Operators of the Bay Area Rapid Transit system (BART) shut down cell phone service to four stations in downtown San Francisco yesterday in response to a planned protest. Last month, protesters disrupted BART service in response to the fatal shooting of Charles Blair Hill by BART police on July 3rd. Thursday's protest failed to materialize, possibly because the disruption of cell phone service made organization and coordination difficult.
thinkahol *

To Occupy and Rise - 0 views

shared by thinkahol * on 30 Sep 11 - No Cached
  •  
    The Occupy Wall Street movement is well into its second week of operation, and is now getting more attention from media as well as from people planning similar actions across the country. This is a promising populist mobilization with a clear message against domination by political and economic elites. Against visions of a bleak and stagnant future, the occupiers assert the optimism that a better world can be made in the streets. They have not resigned themselves to an order where the young are presented with a foreseeable future of some combination of debt, economic dependency, and being paid little to endure constant disrespect, an order that tells the old to accept broken promises and be glad to just keep putting in hours until they can't work anymore. The occupiers have not accepted that living in modern society means shutting up about how it functions. In general, the occupiers see themselves as having more to gain than to lose in creating a new political situation - something that few who run the current system will help deliver. They are not eager for violence, and have shown admirable restraint in the face of attack by police. There may be no single clear agenda, but there is a clear message: that people will have a say in their political and economic lives, regardless of what those in charge want. Occupy Wall Street is a kind of protest that Americans are not accustomed to seeing. There was no permit to protest, and it has been able to keep going on through unofficial understandings between protestors and police. It is not run by professional politicians, astroturfers, or front groups with barely-hidden agendas. Though some organizations and political figures have promoted it, Occupy Wall Street is not driven by any political party or protest organization. It is a kind of protest that shows people have power when they are determined to use it. Occupy Wall Street could be characterized as an example of a new type of mass politics, which has been seen in
Omnipotent Poobah

Charlie Rangel: Stupidity and Greed Favor No Political Party - 0 views

  •  
    Stupidity and greed favor no political party. The Democrat's skeleton du jour is Rep. Charlie Rangel. He's failed to report large sums on his taxes and solicits funds on his House letterhead. Democrats shouldn't and can't afford to look away if the allegations are true.
peoples movement

YouTube - Prelude to Report Released by Picture The Homeless - 0 views

  •  
    Picture The Homeless announce findings of new report "Time's Up: NYC Homeless People Demand Alternatives to Bloomberg's Failed Five-Year Plan"On Tu...
thinkahol *

The Quiet Coup - Magazine - The Atlantic - 0 views

  •  
    The crash has laid bare many unpleasant truths about the United States. One of the most alarming, says a former chief economist of the International Monetary Fund, is that the finance industry has effectively captured our government-a state of affairs that more typically describes emerging markets, and is at the center of many emerging-market crises. If the IMF's staff could speak freely about the U.S., it would tell us what it tells all countries in this situation: recovery will fail unless we break the financial oligarchy that is blocking essential reform. And if we are to prevent a true depression, we're running out of time.
thinkahol *

A Primer on Class Struggle | Common Dreams - 0 views

  •  
    When we study Marx in my graduate social theory course, it never fails that at least one student will say (approximately), "Class struggle didn't escalate in the way Marx expected. In modern capitalist societies class struggle has disappeared. So isn't it clear that Marx was wrong and his ideas are of little value today?" I respond by challenging the premise that class struggle has disappeared. On the contrary, I say that class struggle is going on all the time in every major institution of society. One just has to learn how to recognize it. One needn't embrace the labor theory of value to understand that employers try to increase profits by keeping wages down and getting as much work as possible out of their employees. As the saying goes, every successful capitalist knows what a Marxist knows; they just apply the knowledge differently. Workers' desire for better pay and benefits, safe working conditions, and control over their own time puts them at odds with employers. Class struggle in this sense hasn't gone away. In fact, it's inherent in the relationship between capitalist employer and employee. What varies is how aggressively and overtly each side fights for its interests.
thinkahol *

The Exile Nation Project | Watch Free Documentary Online - 0 views

  •  
    The Land of the Free punishes or imprisons more of its citizens than any other nation. This collection of testimonials from criminal offenders, family members, and experts on America's criminal justice system puts a human face on the millions of Americans subjugated by the US Government's 40 year, one trillion dollar social catastrophe: The War on Drugs; a failed policy underscored by fear, politics, racial prejudice and intolerance in a public atmosphere of out of sight, out of mind. The United States has only 5% of the world's population, yet a full 25% of the world's prisoners. At 2.5 million, the US has more prisoners than even China does with five times the population of the United States. 8 million Americans (1 in every 31) languish under some form of state monitoring known as correctional supervision. On top of that, the security and livelihood of over 13 million more has been forever altered by a felony conviction. The American use of punishment is so pervasive, and so disproportionate, that even the conservative magazine The Economist declared in 2010, never in the civilized world have so many been locked up for so little. The project will unfold over a two year period, beginning with the release of this feature-length documentary and then continuing on with the release of short films and complete interviews from each of the 100 participants in the project, meant to represent the 1 in 100 Americans that are currently sitting behind bars.
thinkahol *

Chomsky: Is the World Too Big to Fail? The Contours of Global Order | World | AlterNet - 0 views

  • What exactly is the Iranian threat? An authoritative answer is provided by the Pentagon and U.S. intelligence. Reporting on global security last year, they make it clear that the threat is not military. Iran's military spending is "relatively low compared to the rest of the region," they conclude. Its military doctrine is strictly "defensive, designed to slow an invasion and force a diplomatic solution to hostilities." Iran has only "a limited capability to project force beyond its borders." With regard to the nuclear option, "Iran's nuclear program and its willingness to keep open the possibility of developing nuclear weapons is a central part of its deterrent strategy." All quotes.
thinkahol *

The Republican Plan With Lipstick - 0 views

  •  
    Republicans figure that if they can't sell the pig, they'll just put lipstick on it and find some suckers who will think it's something else. That's the proposal emerging in the Senate from Republican Bob Corker of Tennessee and also Democrat Claire McCaskill of Missouri. It would get the deficit down not by raising taxes on the rich but by capping federal spending. If Congress failed to stay under the cap, the budget would be automatically cut. According to an analysis by the Center on Budget and Policy Priorities, the McCaskill/Corker plan would require $800 billion of cuts in 2022 alone. That's the equivalent of eliminating Medicare entirely, or the entire Department of Defense.
thinkahol *

United States v. Dougherty - Wikipedia, the free encyclopedia - 0 views

  •  
    United States v. Dougherty was a 1972 decision by the United States Court of Appeals for the District of Columbia in which the court ruled that members of the D.C. Nine, who had broken into Dow Chemical Company, vandalized office furniture and equipment, and spilled about a bloodlike substance, were not entitled to a new trial on the basis of the judge's failing to allow a jury nullification jury instruction. The Appeals Court ruled, by a 2-1 vote: " The fact that there is widespread existence of the jury's prerogative, and approval of its existence as a "necessary counter to casehardened judges and arbitrary prosecutors," does not establish as an imperative that the jury must be informed by the judge of that power. On the contrary, it is pragmatically useful to structure instructions in such wise that the jury must feel strongly about the values involved in the case, so strongly that it must itself identify the case as establishing a call of high conscience, and must independently initiate and undertake an act in contravention of the established instructions. This requirement of independent jury conception confines the happening of the lawless jury to the occasional instance that does not violate, and viewed as an exception may even enhance, the over-all normative effect of the rule of law. An explicit instruction to a jury conveys an implied approval that runs the risk of degrading the legal structure requisite for true freedom, for an ordered liberty that protects against anarchy as well as tyranny. " Nonetheless, the defendants were given a new trial on the grounds that they had been denied their right of self-representation.[1] The Circuit Judges' assumption that jurors know about their nullification prerogative has since been brought into question by other empirical evidence.[2] According to Irwin Horowitz, "Beyond the empirical issue, lack of nullification instructions maintains a deceit. After all, juries can nullify, but they know this fact only on a so
thinkahol *

The Elite Are Trembling in Their Boots - 0 views

  •  
    As of October 15, 2011, the movement protesting banks that wrecked our economy for profit can now claim the "too big to fail" title from their targets. Once dismissed as a ragtag fringe group of rabble-rousers, Occupy Wall Street protests have spread to 82 countries and 950 cities worldwide in just a month. In Europe, millions protested corporate/financial corruption of Democracy. And in America, Occupy Wall Street solidarity encampments continue in cities as big as Chicago, and as small as Jackson, Mississippi.
thinkahol *

HOLY BAILOUT - Federal Reserve Now Backstopping $75 Trillion Of Bank Of Ameri... - 0 views

  •  
    This story from Bloomberg just hit the wires this morning.  Bank of America is shifting derivatives in its Merrill investment banking unit to its depository arm, which has access to the Fed discount window and is protected by the FDIC. What this means for you is that when Europe finally implodes and banks fail, U.S. taxpayers will hold the bag for trillions in CDS insurance contracts sold by Bank of America and JP Morgan.  Even worse, the total exposure is unknown because Wall Street successfully lobbied during Dodd-Frank passage so that no central exchange would exist keeping track of net derivative exposure.
thinkahol *

OWS's Beef: Wall Street Isn't Winning It's Cheating | Matt Taibbi | Rolling Stone - 0 views

  •  
    When Joe Homeowner bought too much house, essentially betting that home prices would go up, and losing his bet when they dropped, he was an irresponsible putz who shouldn't whine about being put on the street. But when banks bet billions on a firm like AIG that was heavily invested in mortgages, they were making the same bet that Joe Homeowner made, leaving themselves hugely exposed to a sudden drop in home prices. But instead of being asked to "suck it in and cope" when that bet failed, the banks instead went straight to Washington for a bailout -- and got it.
Outsider Trading

Technology for the Masses - 0 views

  •  
    When it comes to technology, Universities have always been on the cutting edge. Today, many Universities sport subatomic microscopes, mass spectrometers, and particle separators to name a few. However, with all of this technology universities have failed to use technology to advance access to education.
Bakari Chavanu

Amazon.com: Tear Down This Myth: How the Reagan Legacy Has Distorted Our Politics and H... - 0 views

  • Two books have been recently published which attempt to present an alternative perspective on the Reagan presidency. One, William Kleinecht's The Man Who Sold the World: Ronald Reagan and the Betrayal of Main Street America, is revisionist polemic and does more to enrage than enlighten. Will Bunch's Tear Down this Myth, however, is a fair and balanced (to borrow a phrase popular with right-wingers) look at the Reagan presidency. Far from polemic, and often complimentary to President Reagan, Bunch attempts to reveal the presidency of Ronald Reagan as it was experienced by those during the era. Many of the negative reviews appearing on Amazon are obviously written by those who didn't read the book. As I've said before, Amazon needs to look more carefully at reviews before publishing them. This is not a chat board.
  • But Reagan made mistakes which have been glossed over: including the stationing of Marines in Lebanon and providing aid to Saddam Hussein. The Iran-Contra scandal, which nearly sank his presidency, has been almost forgotten. And the spiraling deficits of the 1980s (repeated 20 years later) proved that the Laffer Curve, which was the cornerstone of Reaganomics, had no basis in actual fact.
  • Bunch reminds us that Reagan was not particularly popular during most of his presidency, and that many Americans had good reason to wonder whether the country was in competent hands. Bunch runs over the Iran-Contra scandal, which came close to ending up in Reagan's impeachment. Far from being a thrifty government downsizer, he added $2 trillion to the national debt and grew the government. Bunch also reminds us that Reagan was the original "cut and run" artist, pulling US troops out of a failed mission in Lebanon within weeks after 241 Marines were killed there in a terrorist attack. We are reminded that Reagan's overtures to Iran to free hostages only resulted in more Americans being taken, and that his economic plans sowed the seeds of deregulation and greed that we are still reaping.
  • ...2 more annotations...
  • We also see Reagan, the man who hated committing troops to war, who was a pragmatist economist who raised taxes when his trickle down theories did not working and whose personal diplomacy with the Soviets came close to riding the world of nuclear weapons.
  • I personally have long thought that the invasion of tiny Grenada, coming close on the heels of the Marine barracks disaster, was meant to distract the public from Reagan's ineptitude.
Levy Rivers

Business Reputation: Creativity and Happiness: Reputation, Recuperaton and Leadership -... - 0 views

  • The argument I’m making here is that McCain has failed to demonstrate that type of leadership. That his investment in a reputation strategy – formed after the Keating 5 case and consistently implemented up to the time of his latest presidential campaign can no longer forestall the widespread Voter exit.
Levy Rivers

Marcia G. Yerman: Race, Gender and the Media in the 2008 Elections - 0 views

  • Several themes coalesced over the two-day period. A prominent one was the oft repeated, "Did race trump gender?" Dr. Cynthia Neal-Spence, Associate Professor of Sociology at Spelman College, spoke about the dilemma of the black female. Asking, "Are we as a group more gender conscious or race conscious?" she then suggested "the media coverage had helped black women to choose sides." Despite Obama offering a post-racial approach, she sensed the same "tensions resurfacing that were in place during the suffragette movement." She also saw the media's analyzation as being "racialized."
  • Although feminine for Sarah Palin is an asset, "feminine" attributes in general are considered a negative. "The process of gender," as phrased by Vojdik, is a methodology employed by the Republicans where they "feminize" a male candidate -- to his detriment.
  • Frank Rudy Cooper, Associate Professor of Law at Suffolk University, spelled out that "Obama had to deal with the media representation of black masculinity." He posited that Obama had to be "a unisex president." Despite trying to run a "post-racial campaign, Obama had to be careful avoid "the angry black male" stereotype by not being too aggressive. Cooper explained that in pitting McCain against Obama, the masculine vs. feminine style is emphasized. Obama's empathetic style has been criticized, and as "feminization is a slur," he is forced into a precarious balancing act.
  • ...2 more annotations...
  • However, Vojdik said, "Those in the media insisted on gendering her candidacy, taking her from the public sphere to the private construction of her identity as a wife and a mother." This was often accomplished through the use of specific language. She gave as examples the terms, "shrill, emasculating, castrating," with oft used analogies of Hillary as "the hectoring mother," or "the wife as ball-buster." Hillary was not male, but she "had failed as a female." On the other hand, Vojdik saw Sarah Palin as seeking to be elected because she was a woman in the "good wife and mother" mode. Projecting herself as stereotypically feminine, albeit a "pit bull with lipstick," she "appeals to the 80's concept of the superwoman." "But," Vojdik asked, "where are the supports for ordinary women?"
  • That concept was illuminated by Anthony E. Varona, Associate Professor of Law at American University. He pointed out why the 2004 Karl Rove election strategy based on the "unease felt by religious and social conservatives" wasn't going to work in 2008. Plainly put, "Things have changed. New media and the blogosphere have made it impossible."
« First ‹ Previous 41 - 60 of 72 Next ›
Showing 20 items per page