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thinkahol *

YouTube - One Trillion Dollars Visualized from Mint.com - 0 views

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    http://www.mint.com | It's official, trillion is the new billion. No longer is government spending talked about in terms of a mere ten digits. With the recent flurry of government spending, we are going to need another three zeros to make sense of it all. One trillion dollars is a number that few people can comprehend, let alone your standard nine digit calculator. So what does one trillion dollars look like?
thinkahol *

Christine O'Donnell at "Values" Summit: White Conservatives Have Always Ruled... - 0 views

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    Thanks to intrepid twitterers like Sarah Posner and our own Addie Stan, I'm getting a good picture of the utter depravity on display at the "values voters" summit without having to actually listen to it on C-Span. Here are some bits from newly-minted Senate candidate Christine O'Donnell's Palin-esque speech.
thinkahol *

Has our bloated security budget made us safer? - National security - Salon.com - 0 views

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    The killing of Osama Bin Laden did not put cuts in national security spending on the table, but the debt-ceiling debate finally did. And mild as those projected cuts might have been, last week newly minted Secretary of Defense Leon Panetta was already digging in his heels and decrying the modest potential cost-cutting plans as a "doomsday mechanism" for the military. Pentagon allies on Capitol Hill were similarly raising the alarm as they moved forward with this year's even larger military budget. None of this should surprise you. As with all addictions, once you're hooked on massive military spending, it's hard to think realistically or ask the obvious questions. So, at a moment when discussion about cutting military spending is actually on the rise for the first time in years, let me offer some little known basics about the spending spree this country has been on since September 11, 2001, and raise just a few simple questions about what all that money has actually bought Americans. Consider this my contribution to a future 12-step program for national security sobriety. Let's start with the three basic post-9/11 numbers that Washington's addicts need to know:
Chuck Bartok

Should We Retire the One Dollar Bill? - 0 views

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    Rep. David Schweikert (Ariz.) and two other House Republicans - including supercommittee co-chairman Jeb Hensarling (Texas) - introduced legislation last week aimed at retiring the paper dollar.... According to the proponents the retirement of the US One Dollar Bill could save save billions of dollars over the next few decades by transitioning to a one dollar coin in four years, or as soon as $600 million worth of dollar coins are in circulation. Rep. Schweikert said, "Metal coins would last longer and therefore save money. But two Massachusetts Lawmakers, Scott Brown and John Kerry oppose the suggestion on ground it costs too much too produce the coins.... But it seem to me they would last longer...isn't that what smart business buy, products that are Value Purchased not cost purchased. It is also interesting also The Dollar Coin Alliance, which favors the House bill, said the two Massachusetts senators have a specific reason for wanting to protect the dollar bill, arguing that the Senate bill is aimed at protecting Massachusetts-based Crane & Co., the sole-source supplier of paper used to produce dollar bills. So what else is NEW! More cronyism? A poll conducted this year for the Dollar Coin Alliance showed 65 percent of Americans favored the move to a coin, and that more supported it once they realized the savings associated with the switch. And other countries who have done same have benefited overall in the Cost of Producing currency. "Other countries that have replaced a low-denomination note with a coin, such as Canada and the United Kingdom, stopped producing the note," the GAO said in March. "Officials from both countries told GAO that this step was essential to the success of their transition and that, with no alternative to the note, public resistance dissipated within a few years."
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    Always appreciate comments on the blog posts
thinkahol *

Mark Ruffalo: Stop Fracking Gas-Holes - 0 views

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    Opponents of hydraulic "fracking" say it pollutes water and causes illness. Actor, activist (and newly-minted Countdown contributor) Mark Ruffalo joins Keith to discuss the lucrative practice that potentially threatens supplies of drinking water, and why so many have their heads in the sand. "This is an industry that is the dirtiest, slimiest, most arrogant, and negligent that you can imagine," Ruffalo says. Ruffalo also talks about rumors of blacklisting actors who speak out on political matters, and ponders why he was singled out by CNN to comment on it.  "You can do what's right or you can put your head in the sand," Ruffalo tells Keith, shortly before Keith bestows the ultimate Countdown honor -- welcoming Ruffalo into the ranks of official on-air contributors.
Bakari Chavanu

Quiz on U.S. Currency - 0 views

    • Bakari Chavanu
       
      Coins, not paper, is produced by the Mint. All paper money is issued to the public through the banking system.
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