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The amount the U.S. military spends annually on air conditioning in Iraq and Afghanistan: $20.2 billion. That's more than NASA's budget. It's more than BP has paid so far for damage during the Gulf oil spill. It's what the G-8 has pledged to help foster new democracies in Egypt and Tunisia.

This is a good source for me. Since it's an interview with an official in DC about the school closings and how the school administrations are making these decisions. Abstract of Audio: Many parents and teachers in the nation's cities are disappointed by a long list of school closings. But when enrollment is low and costs are high, administrators face tough decisions. Host Michel Martin speaks to the Chancellor of Washington D.C.'s public schools, Kaya Henderson, about how school systems weigh these difficult choices.

Since June 16, 2002, the Israeli Government has been constructing a West Bank Barrier in Jerusalem. The concrete wall is 750 kilometers in length and eight meters high. Thick concrete walls are equipped with trenches, barbed wire, electrified wire, watch towers, electronic sensors, video cameras, unmanned aircraft, sniper towers, and roads for patrol vehicles. The point is: there is no possibility to penetrate the wall. The barrier wall was built in a zig zag shape through ten of 11 districts; across all cities in the West Bank. Construction of the first phase started from the west to north of Jerusalem along 145 kilometers and was completed in July, 2003. The second phase is underway, ranging from eastern West Bank to southern Jerusalem. This wall needed a lot of funding, but the total cost of construction was never made public. For the barrier wall maintenance alone, Israel has to spend U.S $4.7 million/mile. So the total funds needed for the maintenance of the West Bank Barrier along the 750 kilometers is U.S. $ 3.4 billion.

The Greek default has turned out to be the proverbial dog that didn't bark. The lesson for Europe - and for the US - is clear: it is time to stop listening to what banks say, and start focusing on what they do. We must re-evaluate the distorted political economy of the financial sector, before the excessive power of the few imposes even larger costs on everyone else.

OBAMAS WAR ON ENERGY, DRIVING UP COSTS ON PURPOSE

June 22, 2010 The 2010 G8/G20 Summit will commence in a few days with world leaders descending on the city of Toronto, Ontario Canada to hold various meetings

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

"The top-secret world the government created in response to the terrorist attacks of Sept. 11, 2001, has become so large, so unwieldy and so secretive that no one knows how much money it costs, how many people it employs, how many programs exist within it or exactly how many agencies do the same work."

With the legislative calendar starting to dwindle, lawmakers are paying more and more attention to the scheduled expiration of the Bush tax cuts at the end of the year. Republicans across the board are advocating for the extension of all the cuts, and have explicitly said that extending the cuts for the richest 2 percent of Americans (which would cost $678 billion) does not have to be paid for.

Former Fed Chairman Alan Greenspan said that the push by congressional Republicans to extend the Bush tax cuts without offsetting the costs elsewhere could end up being "disastrous" for the economy.

Conversations host Harry Kreisler welcomes Harvard Law Professor Elizabeth Warren for a discussion of the economic pressures confronting the two income middle class family as it struggles to pay mortgages, health care, and education costs. Professor Warren offers surprising answers to "Who goes bankrupt and why?" and explores the role of banks and credit card companies in tightening the squeeze on the average American family. The interface between politics and the law in addressing these problems is explored. Series: "Conversations with History" [5/2007] [Public Affairs] [Show ID: 12490]

Democrat or Republican, Libertarian or Socialist, politically active and not we are reaping the bitter reward of a political and legal system designed to maximize corporate profits at the expense of our environment, our livelihood, and our very lives. Our society is unraveling. We all know this. This is not idle conspiracy theory. These are well established facts. We are ruled by a headless beast that is no longer accountable to us. That it is headless makes it no less beastly. But there is a silver bullet. It's within our power to restore a functioning free market; to take back our democracy. We must end limited liability for corporations. Only when wealthy investors are no longer shielded from the costs that we collectively bear in their stead, only when they can no longer hide from the burden they have placed on us, only then can we expect the end of corporate plunder.   We are running out of time. Millions of Germans lost faith in the free market and capitalism during the Great Depression, and "with the failure of the left to provide a viable alternative, they became vulnerable to the rhetoric of a party that, once it came to power, combined Keynesian pump-priming measures that brought unemployment down to 3 percent with a devastating counterrevolutionary social and cultural program."

It's time to retire the claim that the stimulus would be riddled with fraud, hamstrung by delays, and crippled by cost overruns

According to the steel ministry, some concessions or exemptions should be given to state-owned companies like Steel Authority of India and National Mineral Development Corporation. They deserve special consideration because of the "historical role" they played in accepting "social obligations" in different, especially extremely backward, parts of India. According to people's movements and non-governmental organisations who speak for the communities and vulnerable groups affected or liable to be affected by mining, the answer is sharply different. They emphasise the high human and social costs of displacement caused by "development" projects, which have uprooted 45 million people since Independence without resettling, leave alone rehabilitating, a large majority of them. Mining, like dams, industries and highways, is responsible for a large chunk of this damage.

Hansen's proposal makes use of market principles, by prodding the market to tell the truth about the costs of carbon-based energy through prices.

Fundamentally, without major government commitments to high-speed rail, America simply will not have a high-speed passenger rail network. This should probably be discomfiting, since every other economic superpower (the EU, Japan and China) does have a high-speed rail network. That makes America look a bit backward. The time horizon for building such a network is several decades, and it's interesting to think about what will happen in the middle decades of this century if air transport becomes unaffordable due to high fuel costs and America doesn't have an electric alternative for high-speed intercity transit.

The distinguished scholar and best-selling author Chalmers Johnson has died. He passed away in California on Saturday afternoon at the age of 79. During the Cold War, he served as a consultant to the Central Intelligence Agency and was a supporter of the Vietnam War, however, later became a leading critic of U.S. militarism and imperialism. He wrote the book, Blowback: The Costs and Consequences of American Empire in 2000, which became a bestseller after the 9/11 attacks. He went on to complete what would become a trilogy about American empire. Today we re-air part of our last interview with Chalmers Johnson from 2007. [Includes rush transcript]

Apart from its extraordinary cost and regressive tilt, the tax deal negotiated between the President and the Republicans has another fatal flaw. It confirms the Republican worldview.

"We have a very difficult gap to bridge here," said Rep. Eric Cantor, the No. 2 House Republican. "We just can't afford this. That's the ultimate problem." With Cantor sitting in front of a giant stack of nearly 2,400 pages representing the Democrats' Senate-passed bill, Obama said cost is a legitimate question, but he took Cantor and other Republicans to task for using political shorthand and props "that prevent us from having a conversation." And so it went, hour after hour at Blair House, just across Pennsylvania Avenue from the White House - a marathon policy debate available from start to finish to a divided public. The more than six-hour back-and-forth was essentially a condensed, one-day version of the entire past year of debate over the nation's health care crisis, with all its heat, complexity and detail, and a crash course in the partisan divide, in which Democrats seek the kind of broad remake that has eluded leaders for half a century and Republicans favor much more modest changes. With Democrats in control of the White House and Congress, they were left with the critical decision about where to go next. Obama and his Democratic allies argued at Thursday's meeting that a broad overhaul is imperative for the nation's future economic vitality. The president cast health care as "one of the biggest drags on our economy," tying his top domestic priority to an issue that's even more pressing to many Americans.

Of course the "we" in "We can't afford this" is the big health care monopolies (pharma, insurance, etc.). Supposedly, the country and people can afford the continued gouging by those special interests (up to 40% in some places this year alone!). Too, if the government were to find a way to "afford it" (disregarding that Medicare and Medicaid savings might pay for it altogether!), that would probably be on the "back" of the richest 5% and by reducing corporate and business subsidies (like those to oil companies, the military industrial complex, "big finance" bailouts and sweetheart Federal funds rates and "liquidity" pumping, non-risk underwriting for things like coastal flood insurance, etc., etc., etc.). Since that is the "invisible hand" that feeds most "conservatives" and Republican politicians, that would never do.