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thinkahol *

FOCUS: What American Workers Don't Need - 0 views

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    President Obama submitted three free trade agreements to Congress based on the flawed North-American Free Trade Agreement (NAFTA) model that has been devastating to our economy, American workers and to labor and environmental standards. Hundreds of thousands of American jobs have been displaced and outsourced as a result of our pursuit of trade policies which are adverse to the economic interests of the American people. My home State of Ohio is one of the top-ten states posting the biggest job losses since the passage of NAFTA. Unfortunately, the proposed free trade agreements with South Korea, Colombia and Panama do nothing to address the significant flaws in the free trade model that prioritize the rights of multinational companies over the rights of workers and the American economy. The Korea-US and US-Colombia Free Trade Agreements are expected to increase our trade deficit by over $16 billion and result in the displacement or loss of over 200,000 jobs. This is on top of the over 2 million American jobs that have been displaced or eliminated over the past 10 years as a result of our increased trade deficit with China. The last thing American workers and our economy needs is more NAFTA-style free trade agreements.
mailcooltarang is_here

Naval Show to Feature Submarines From China - NYTimes.com - 0 views

    • mailcooltarang is_here
       
      China Is Off to Get Millage Internationally
William Green

China Ramps Up To Buy Cheap U.S. Real Estate - 0 views

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    Something we need to keep aware of.
thinkahol *

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

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    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.
Ian Schlom

The Danger of War in Asia - 0 views

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    I'm not sure how seriously to take this article. The articles references two commentators, one from Financial Times and the other from Foreign Policy. Those are pretty legitimate, I guess. They say that the US is forming an alliance with South Korea, Japan, and others contra Beijing.
Ian Schlom

Resist U.S. imperialist war threats on Iran - 0 views

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    a recap on the situation of US hostilities toward Iran.
hanz444

Chinese president woos big business as US visit begins - 0 views

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    SEATTLE: Chinese President Xi Jinping began his first state visit to the United States on Tuesday (Sep 22) in the West Coast hub of Seattle, aiming to woo American businesses and take the edge off a leery White House view of the Asian giant.
Michael Haltman

The Political Commentator: Mr. Obama: End Your Empty Iranian Rhetoric - 0 views

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    We have relied on the United Nations and the IAEA to be our muscle, which is the equivalent sending a girl scout to battle a cage fighter.
Michael Hughes

Afghan President is a better diplomat than domestic leader - 1 views

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    Although President Hamid Karzai's shining moment this week with Chinese President Hu Jintao may not equal the historical drumfire of Nixon and Chairman Mao's 1972 "handshake felt around the world", Mr. Karzai's trip to Beijing was yet another illustration of his foreign policy sagacity.
thinkahol *

Chinese agency downgrades U.S. credit rating - CNN.com - 0 views

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    Beijing (CNN) -- Although the United States narrowly avoided an unprecedented default following congressional approval of a last-minute compromise plan to raise the debt ceiling, China's leading credit rating agency Wednesday downgraded U.S. sovereign debt after putting it on negative watch last month. The Dagong Global Credit Rating Company, which lowered the United States to A+ last November after the U.S. Federal Reserve decided to continue loosening its monetary policy, announced a further downgrade to A, indicating heightened doubts over Washington's long-term ability to repay its debts.
Bakari Chavanu

Socialism Today - Capitalism: costing the earth - 0 views

  • THE 2007 STATEMENT from the United Nation’s climate panel, the IPCC, that the average temperature on earth must not rise more than two degrees Celsius (3.6 degrees Fahrenheit) over pre-industrial levels or an incalculable disaster will take place, was a powerful reminder of the nature of the problem.
  • The main reason is that as the oceans warm up they lose the ability to absorb carbon dioxide. Another horrific truth is that there is more carbon beneath the permafrost of the polar regions than in the entire atmosphere. Experts say that if the emissions of carbon dioxide, sulphate and nitrogen dioxide continue as they are today, this bomb will explode within the next 100 years.
  • Does this mean that emissions are dropping? Not at all. So what does this trade mean in practice? An Oxford academic who studied the scheme, Adam Bumpus, concluded that "this regulation is ultimately there to facilitate the markets – it’s not about making cheap reductions, it’s about making a lot of money"
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  • Therefore, so the theory goes, the buyer pays to emit greenhouse gases while the seller is rewarded for having reduced emissions by more than their quota. There is only one problem. It does not work like that.
  • The market always chooses the easiest means to save a given quantity of carbon in the short term, regardless of what action is needed for long-term reduction. The result is that the system reinforces technological lock-in. For instance, small cuts may often be achieved cheaply through making a technology a little bit more efficient, whereas larger cuts would require massive investments in new technology.
  • The problem with most of the established green organisations is that they seek mechanisms, such as emissions markets, green taxes, green laws or other technical fixes to the problem of polluting fat cats.
  • The carbon trade system is bad in itself. But the fact that governments or other capitalist controlled bodies allocated the emissions permits in the first place, the logic of the market meant that they handed out too many permits out of fear of being in a disadvantage with competing capitalist powers. Today, there are more permits in circulation than there is capacity to pump out greenhouse gases!
  • MANY CDMS ARE about dams. The push for mega-dams has been justified by both development banks and multinationals as being necessary for the development of Africa and to combat carbon emissions. While governments, such as the US, Britain and China, announce mighty plans to electrify Africa, and other ‘aid’ schemes, the companies set in action the Boot model – Build, Own, Operate and Transfer – emptying the rivers of Africa to feed the growing energy needs of Europe, etc. And it is a very lucrative business when they can earn more carbon emission credits in the process. Large dams provide electricity for multinational companies, water for mining, and irrigation for large-scale foreign-owned farms.
  • In a study of 50 dams in Africa, professor Thayer Scudder, formerly the leading resettlement consultant for the World Bank, found that landlessness affected 86% and joblessness 80% of the displaced people. Lack of food security impacted on 79% of the people displaced by these ‘green dams’.
thinkahol *

America's creditor identifies its budget problem - Glenn Greenwald - Salon.com - 0 views

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    Since America's political and media class steadfastly ignore this glaringly obvious point, it's nice (albeit self-interested) of the Chinese to point it out for us.  As we endlessly hear about a massive debt crisis, the current President has started one optional war that has already exceeded its estimated costs, plans to continue (if not escalate) two more, is drone-attacking a new country on a seemingly weekly basis, expands sprawling covert military actions in still other countries, builds new overseas detention facilities, all while offering only the most modest, symbolic and illusory "cuts" in military spending.  The alleged need to slash the financial security of American citizens -- and the notion that America faces a severe debt crisis -- would be more persuasive if the country didn't continue its posture of Endless War and feeding the insatiable, bloated National Security State (to say nothing of the equally insatible and wasteful Drug War and its evil spawn, the increasingly privatized American Prison State, which the Obama administration is expanding as aggressively as the War on Terror).
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