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thinkahol *

FOCUS: The Obligation to Peacefully Disrupt - 0 views

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    I want to address the issue of "disruption," as Bloomberg is sending this issue out as a talking point brought up on Keith Olbermann's Coundown last night: the neighbors around Zuccotti Square, says Bloomberg, are feeling "disrupted" by the noise and visitors to the OWS protest, so he is going to crack down to "strike a balance" to address their complaints. Other OWS organizers have let me know that the Parks Department and various municipalities are trying to find a way to eject other protesters from public space on a similar basis of argument. Please, citizens of America - please, OWS - do not buy into this rhetorical framework: an absolute "right to be free of disruption" from First Amendment activity does not exist in a free republic. But the right to engage in peaceable disruption does exist.
Peter Neis

NY State Government and Wall Street - 0 views

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    The NY State constitution and Licensing commission failed to also monitor the activities of Goldman Sachs, Bloomberg defends Goldman, more news on the Hill....
thinkahol *

Biggest Financial Decision in 2011 Is European: Matthew Lynn - Bloomberg - 0 views

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    Europeans have grown accustomed to seeing government workers shut down their countries when provoked. At this time of huge deficits from Washington to the smallest towns, government workers in the U.S. also face significant cutbacks.
Muslim Academy

Genocide of Muslims in Burma - 0 views

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    Burma is a country with about 0.7 million Muslim population out of total 75 million population. Muslims in Burma have been suffering badly since the year 1962 after the military took over. Since then thousands of Muslims have been killed and thousands of women have been raped but the recent wave of violence is worse than all the previous incidents. Almost every family of Muslims is a victim of Buddhist led regime of Burma. Suffering from such deliberate genocide, many of the Muslims have been compelled to leave their houses and migrate to neighboring countries. The most sad and tragic aspect of this genocide is that nobody is willing to speak against this cruelty. The entire mainstream media is showing criminal silence upon this mass killing going on in Burma against Muslims. We are not seeing any projection for Burmese Muslims in British Broadcasting Corporation, Cable News Network; Fox New, Bloomberg, New York Times, Washington Post, Wall Street Journal, Reuters, and other mainstream print and electronic sections of the media. The response from various Human Rights organizations such as Human Rights Watch, Amnesty International, and others is also very tragic and disappointed. These human rights organizations have failed to project this inhuman genocide against Muslims which is going on in Burma. Like is the case with international platforms or so called representatives of the world. The United Nations Organizations also failed to show significant and powerful response against mass killings of Muslims in Burma. The only considerable response we have seen yet is from the Organization of Islamic Conference (OIC) and a few Islamic countries like Turkey, Saudi Arabia and Pakistan etc. Similarly, social media campaigns are also projecting this inhuman incident effectively; there are a number of pages on Facebook and other social media websites that are raising voice for this cause.
thinkahol *

Michael Bloomberg delivers stirring defense of mosque - War Room - Salon.com - 0 views

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    New York mayor chokes up defending "ground zero" Muslim center by citing religious freedom, private property rights
Mike Ch

Financial Industry: "Bigger-Than-Too-Big-To-Fail" - 0 views

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    On Sept. 13, 2009, Bloomberg published an article about Joseph Stiglitz'a recent assessment of the economy, in which he maintains that the banking crisis is actually worse than it was in 2007. The "too-big-to-fail" situation has actually worsened.
thinkahol *

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

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    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.
Bakari Chavanu

Bernie Sanders Flirted With 100% Marginal Tax on the Rich, Maximum Wage - Bloomberg Pol... - 0 views

  • “No. That's not 90 percent of your income, you know? That's the marginal.”
    • Bakari Chavanu
       
      Marginal tax is simply the amount of tax paid on an additional dollar of income. As income rises, so does the tax rate. This is different than a flat tax rate where you pay the same rate of tax no matter what your income level is.
  • Sanders is described as wanting to “make it illegal to amass more wealth than a human family could use in a lifetime.” He would do that, the article said, with “a 100 percent tax on incomes above this level ($ one million per year)” and “would recycle this money for the public need.”
  • he still had the issue on his mind while serving in the House in 1992, entering into the Congressional Record a Los Angeles Times op-ed written by Sam Pizzigati, the author of The Maximum Wage. In that piece, Pizzigati details President Franklin Delano Roosevelt’s proposal for a “100% war supertax,”
  • ...2 more annotations...
  • Pizzigati noted that there’s been momentum in recent years to cap executive salaries and bonuses but that “Sanders saw the importance of thinking about that much earlier than everybody else.”
  • Benjamin Spock, who advocated capping incomes and inheritances. Spock believed that “not only should every family of four receive a minimum income of $6,500 annually but the wealthy should be entitled to a maximum income of $50,000 and a minimum annual inheritance of $55,000,” according to a Burlington Free Press article from September of that year.
Michael Haltman

Is the end-game in Iran fast approaching as nuclear reactor is due to be fueled by Russ... - 0 views

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    Will Israel be forced to strike this week as Russia readies to load nuclear fuel rods into an Iranian reactor?
Skeptical Debunker

Google Argues That Chinese Censorship Was "Trade Dispute" - ITProPortal.com - 0 views

  • Bloomberg.com has reported that the Obama administration is planning to launch an official complaint against China with the World Trade Organisation (WTO) pertaining to the country's stringent web censorship policies. Illinois Senator Richard Durbin has announced that he plans to pass a legislation that will allow the government to prosecute US internet companies if they violate the human rights of their customers when a foreign government asks them to do so. 
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    A Google representative has announced that the web censorship policies adopted by China can be classified as 'Trade Dispute' as local companies benefit when the government restricts the operations of foreign companies.
peoples movement

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

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    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...
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