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thinkahol *

Ongoing Crisis and Liberal Blindness | Truthout - 0 views

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    The double dip of this crisis is upon us. The latest data agree: the housing market has been in full double-dip mode for five months as home prices keep declining. The foreclosure disaster keeps increasing the combination of homeless families and empty homes. Think capitalist efficiency. Unemployment rose back above 9 % again. The average length of unemployment is now 39.7 weeks, the longest since these records began in 1948. Investments by businesses are decelerating and governments keep dropping workers. 
thinkahol *

t r u t h o u t | Jon Stewart's Rally to Restore Sanity Battles Stephen Colbert's March... - 0 views

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    Boston - Mark your calendars. The Rally to Restore Sanity and the March to Keep Fear Alive will be held on Oct. 30 on the National Mall in Washington.
thinkahol *

Republican Ploy: Keep Economy Lousy - 0 views

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    Whatever shred of doubt you may have harbored about the determination of congressional Republicans to keep the economy in the dumps through Election Day should now be gone.
Muslim Academy

Downfall of US dollar and the rise in unemployment rate - 0 views

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    The former U.S. president George Bush once said, "Keeping taxes low and restraining spending leads to a vibrant economy; it leads to new jobs; it leads to better opportunities; and it leads to a shrinking deficit."The former U.S. president George Bush once said, "Keeping taxes low and restraining spending leads to a vibrant economy; it leads to new jobs; it leads to better opportunities; and it leads to a shrinking deficit."
thinkahol *

Story of Broke « The Story of Stuff Project - 0 views

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    The United States isn't broke; we're the richest country on the planet and a country in which the richest among us are doing exceptionally well. But the truth is, our economy is broken, producing more pollution, greenhouse gasses and garbage than any other country. In these and so many other ways, it just isn't working. But rather than invest in something better, we continue to keep this 'dinosaur economy' on life support with hundreds of billions of dollars of our tax money. The Story of Broke calls for a shift in The United States isn't broke; we're the richest country on the planet and a country in which the richest among us are doing exceptionally well. But the truth is, our economy is broken, producing more pollution, greenhouse gasses and garbage than any other country. In these and so many other ways, it just isn't working. But rather than invest in something better, we continue to keep this 'dinosaur economy' on life support with hundreds of billions of dollars of our tax money. The Story of Broke calls for a shift ingovernment spending toward investments in clean, green solutions-renewable energy, safer chemicals and materials, zero waste and more-that can deliver jobs AND a healthier environment. It's time to rebuild the American Dream; but this time, let's build it better.
thinkahol *

Tax Cuts Caused The Deficits, Therefore... | OurFuture.org - 0 views

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    No serious person denies that Reagan's 1981 tax cuts and military increases threw the country into a pattern of borrowing and borrowing that we have not escaped. When Reagan took office the national debt was $995 billion. When Reagan left office it was $2.87 trillion and climbing fast. No serious person denies that Bush's 2001 tax cuts and continued military increases dramatically worsened the problem. Bush's last budget year ended with a record single-year deficit of $1.4 trillion. As the country discusses what to do about the borrowing the elephant in the room is that everyone understands that restoring top tax rates to pre-Reagan levels and cutting the military budget in half would solve the problem completely. But we can't do that. We can't even discuss it. And we all know why. And we all know why. It is because the Reagan Revolution transformed the country from a democracy to a plutocracy -- a country run by and for the wealthy. Such sensible and simple ideas are considered off-limits. To even bring up the idea of restoring tax rates to pre-Reagan levels and cutting military spending invites terrible consequences. The speaker risks becoming the target of the money's noise machine: Limbaugh, Hannity, Drudge, Fox. Smears. Humiliation. Banishment. Or the noise machine cranks up a campaign of misinformation, convincing people --especially DC people -- that what they see in front of their eyes just isn't so. Repeat it enough and it becomes solid knowledge. We all know this is the way it is. So don't tell me that "we don't have the money" to keep 300,000 teachers from being laid off, or to help the long-term, mostly older unemployed workers get something to live on and keep their health care. The money is right there in front of us, but the Congress is bought and paid for. What do we do? We have to demand representatives who represent us, not make excuses for representing the wealthy. The unfortunate, poor and disadvantaged must count every bit as much as the
thinkahol *

March to Keep Fear Alive - 0 views

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    America, the Greatest Country God ever gave Man, was built on three bedrock principles: Freedom. Liberty. And Fear -- that someone might take our Freedom and Liberty. But now, there are dark, optimistic forces trying to take away our Fear -- forces with salt and pepper hair and way more Emmys than they need. They want to replace our Fear with reason. But never forget -- "Reason" is just one letter away from "Treason." Coincidence? Reasonable people would say it is, but America can't afford to take that chance. So join The Rev. Sir Dr. Stephen T. Colbert, D.F.A. on October 30th for the "March to Keep Fear Alive"™ in Washington DC. Pack an overnight bag with five extra sets of underwear -- you're going to need them. Because, to Restore Truthiness we must always... Shh!!! What's that sound?! I think there's someone behind you! Run!
thinkahol *

To Occupy and Rise - 0 views

shared by thinkahol * on 30 Sep 11 - No Cached
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    The Occupy Wall Street movement is well into its second week of operation, and is now getting more attention from media as well as from people planning similar actions across the country. This is a promising populist mobilization with a clear message against domination by political and economic elites. Against visions of a bleak and stagnant future, the occupiers assert the optimism that a better world can be made in the streets. They have not resigned themselves to an order where the young are presented with a foreseeable future of some combination of debt, economic dependency, and being paid little to endure constant disrespect, an order that tells the old to accept broken promises and be glad to just keep putting in hours until they can't work anymore. The occupiers have not accepted that living in modern society means shutting up about how it functions. In general, the occupiers see themselves as having more to gain than to lose in creating a new political situation - something that few who run the current system will help deliver. They are not eager for violence, and have shown admirable restraint in the face of attack by police. There may be no single clear agenda, but there is a clear message: that people will have a say in their political and economic lives, regardless of what those in charge want. Occupy Wall Street is a kind of protest that Americans are not accustomed to seeing. There was no permit to protest, and it has been able to keep going on through unofficial understandings between protestors and police. It is not run by professional politicians, astroturfers, or front groups with barely-hidden agendas. Though some organizations and political figures have promoted it, Occupy Wall Street is not driven by any political party or protest organization. It is a kind of protest that shows people have power when they are determined to use it. Occupy Wall Street could be characterized as an example of a new type of mass politics, which has been seen in
Jennifer Fagala

Keeping you in the Know: Senate Votes To Debate Health Care - 0 views

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    To the GOP everything can be solved by lower taxes and more corporate incentives. And yes, the upper middle class and the elite wealthy all benefit nicely… but it DOES NOT TRICKLE DOWN! The poor are still getting poorer, the lower middle class is still struggling along with the poor to hold jobs and keep health insurance.
Joe La Fleur

Borelli: President Obama Keeps Promise to Bankrupt Coal Industry | TheBlaze.com - 0 views

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    COAL, RAILROAD, TRUCKING & ELECTRIC POWER GENERATING JOBS LOST. THE ECONOMYS OF WEST VIRGINIA, PENNSYLVANIA, ILLINOIS, INDIANA AND OHIO CRUSHED. 50% OF ELECTRICTY COMES FROM COAL FIRED POWER PLANTS. THESE ARE THE PLANTS THAT GENERATE ELECTRICYT TO CHARGE ELECTRIC CARS.
Joe La Fleur

The Obama admin is trying to keep the "war on coal" covert, but it's definite... - 0 views

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    OBAMAS WAR ON FISSIL FUELS, JOBS AND AMERICAN FAMILIES
Joe La Fleur

Trump: Obama Has Spent Millions To Keep His Records Sealed In Court - 0 views

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    OBAMAS HIDDEN PAST
Skeptical Debunker

Arne Duncan: Move Our Money From Banks to Students - 0 views

  • The president's student aid reform plan will save tens of billions over the next decade. We'll use these savings to make college more affordable for the next generation of engineers, teachers, and scientists who will become the backbone of the new economy. The House has passed the Student Aid and Fiscal Responsibility Act. This legislation will end bank subsidies and invest in students directly. The Senate is still working on its bill. The House bill will increase Pell Grant scholarships to $5,710 in the next fiscal year. It will guarantee that Pell Grants keep pace with the rate of inflation. It will eliminate unnecessary questions from the financial aid forms, making it faster and easier for students to qualify for federal grants and loans. This legislation also promises an historic investment in community colleges, helping these essential schools take Americans from all backgrounds and equip them to succeed. Finally, it will improve the quality of early learning programs, which are critical to America's educational success. All of this will be possible by eliminating the student loan subsidies. We will end the loans under the Federal Family Education Program and make them directly to students -- just as economist Milton Friedman proposed 50 years ago, and just as the Department of Education has been doing since 1993 through the Direct Loan Program. For future lending, we have hired experienced companies to service all new student loans and collect them for us. We selected these companies through a competitive process. The shift is underway, and it is proving to be a remarkably smooth transition. In the past two years, our Department has issued more than $50 billion in student loans. Over 2,300 colleges and universities participate in the direct lending program -- an increase of 1,300 over the past three years. It's time to do what's right for taxpayers -- move our money from bankers to students.
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    President Obama has a plan to move our money from banks to students. Every year, taxpayers subsidize student loans to the tune of $9 billion. Banks service these loans, collect the debt, keep the interest, and turn a profit. When borrowers default on their loans, taxpayers foot the bill, and banks still reap the interest. It's a great deal for banks and a terrible one for taxpayers.
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    Yet another government sponsored "socialistic" "redistribution of wealth" from taxpayers to big business. It's time to do away with it.
thinkahol *

Keeping a Curious Bush Secret | Consortiumnews - 0 views

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    Exclusive: One of the strange mysteries from the Reagan-Bush era is where did George H.W. Bush go on one Sunday in October 1980 when some witnesses placed him meeting with Iranians in Paris. More than three decades later, Bush's supposed alibi remains a state secret, Robert Parry reports.
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