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Joe La Fleur

Gov. Jerry Brown Asks California Voters to Support Tax Hike - 0 views

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    THIS IS WHY THEY'RE CALLED TAX AND SPEND DEMOCRATS
Bakari Chavanu

toledoblade.com -- - 0 views

  • He believes our economic system has lost its way after decades of perversion by greedy politicians in Washington and money-minded fatcats on Wall Street and in corporate America.
  • And as the great American dream slipped further from the middle class, more consumers relied on credit cards and loans to catch it, and a system based on people buying what they need became one in which people buy what they want but often cannot afford.
  • Perhaps the film's most powerful statement is Moore's claim that 1 percent of the richest Americans own 95 percent of our nation's wealth.
  • ...3 more annotations...
  • Capitalism: A Love Story contends that such a movement has already begun. Families being evicted from their homes by bank foreclosures refuse to leave, the film shows, even when law enforcement shows up. A successful workers' strike in Chicago proved that the power to overcome corporate greed and mishandling still rests with the people.
    • Bakari Chavanu
       
      This may be a hopeful way to look at it, but I really doubt it. Most people don't have a clue about what to do. There's very little or effective organized resistance.
  • The film isn't so much Moore piling on our battered, bruised capitalism as it is loaded commentary on what got us here. The evidence is damning, and thought-provoking to those who will give the film a chance.
  • Perhaps Capitalism: A Love Story will be the impetus we need for wholesale change. Or if change is too ambitious, given our circumstances, the film should at least spark meaningful dialogue and rigorous debate, something Moore supporters and detractors alike should welcome.
thinkahol *

Justice for Some by Joseph E. Stiglitz - Project Syndicate - 0 views

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    The US mortgage debacle shows that in today's America, the proud claim of "justice for all" is being replaced by the more modest claim of "justice for those who can afford it." And the number of people who can afford it is rapidly diminishing.
thinkahol *

Plan to 'mess with' Social Security would backfire - latimes.com - 0 views

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    Alan Simpson and Erskine Bowles, the co-chairs of President Obama's deficit commission, have signaled for months that they are not friends of Social Security. In August, Simpson, a former Republican senator from Wyoming, wrote that Social Security is "a milk cow with 310 million tits." Last February, Bowles, who made his fortune on Wall Street and served as a top aide in the Clinton White House, boasted in a speech to bankers, "We're going to mess with Medicare, Medicaid and Social Security."
Yee Sian Ng

The political limits to globalisation | vox - Research-based policy analysis and commen... - 0 views

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    "Is globalisation inevitable and irreversible? This column argues that globalisation is a policy choice. It examines the relationship between military expansion and international trade flows, finding that increased nationalist and militarist sentiments are negatively associated with trade. A 10% increase in military spending between 1985 and 2005 is associated with a reduction in the trade share of GDP of around 2%."
thinkahol *

American politics: Increasingly, only the wealthy need apply - latimes.com - 0 views

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    Though John Adams railed against it more than two centuries ago, we now find ourselves in a new age of aristocratic despotism.
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.
thinkahol *

The Second Great Contraction - Kenneth Rogoff - Project Syndicate - 0 views

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    CAMBRIDGE - Why is everyone still referring to the recent financial crisis as the "Great Recession"? The term, after all, is predicated on a dangerous misdiagnosis of the problems that confront the United States and other countries, leading to bad forecasts and bad policy.
thinkahol *

A Contagion of Bad Ideas - Joseph E. Stiglitz - Project Syndicate - 0 views

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    There has been much concern about financial contagion between Europe and America. But the real problem stems from another form of contagion: bad ideas move easily across borders, and misguided economic notions on both sides of the Atlantic have been reinforcing each other.
thinkahol *

Is Capitalism Doomed? - Nouriel Roubini - Project Syndicate - 0 views

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    Karl Marx was right, it seems, in arguing that globalization, financial intermediation run amok, and redistribution of income and wealth from labor to capital could lead capitalism to self-destruct. So what can be done to prevent that outcome?
david derouen

Clark Howard - Commentary on Headline News TV Show on clarkhoward.com - 0 views

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    US Fidelis did business as National Auto Warranty Services and Dealer Services in Wentzville, Missouri until they made this name change at the end of 2008. They are being investigated by the Missouri Attorney Generals Office for fraud; not to mention attorney general's offices in near 20 other states. Please also go to the Better Business Bureau to find that they have an F rating on their BBB report card. These salespeople are told to get the payment up front and they mail your contract later. Thus, thousands of people are giving their credit card, savings account, checking account, or debit card information making a down payment on the coverage before they even read the contract. What they are not told is that the contract only will cover the Blue Book value of the vehicle. If repairs exceed that, their contract is DONE. Your car can be up to 15 years old and have up to 200,000 miles on it. SURE!!! If it is only worth $2500 and your engine costs $3000 to be replace, I hope you have $500 to get it out of the shop. That is...if they even agree to fix it. PLEASE, get the word out. Stop the commercials. I know what I am talking about. I used to work there. They are ripping off thousands of unsuspecting people.
William Green

The most important news and commentary to read right now. - The Slatest - Slate Magazine - 0 views

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    Andrew Sullivan supported George W. Bush for president in 2000 and praised his initial reactions to the attacks of Sept. 11, 2001. In the years since, Sullivan's become disgusted by the moral morass of American torture and Bush's stalwart defense of it. But Bush, Sullivan writes in a cover-story epistle to the former president in the Atlantic, is the only person who can amend torture's stain on the country. So Sullivan appeals to the conservative and Christian roots he shares with Bush and calls for the former president to "reject categorically the phony legalisms, criminal destruction of crucial evidence, and retrospective rationalizations used to pretend that none of this happened. It happened." Bush must, Sullivan writes, say a public mea culpa to the American people, as Ronald Reagan did in response to the Iran-Contra scandal. If not, Sullivan warns that a future president might "resort to the same brutalizing policy, with the same polarizing, demoralizing, war-crippling results. I am writing you now because it is within your power-and only within your power-to prevent that from happening."
Ahmad Al-Shagra

RUSI A new dialogue? Obama's Cairo speech - 0 views

  • He started by stating America's bond with Israel is 'unbreakable', which was an important way of tackling those Israelis expressing concern of Obama's obvious efforts to work with Arabs and Palestinians to end the bitter conflict..
  • Tackling the issues around violent extremism (which encompassed the wars in Afghanistan and Iraq)
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