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thinkahol *

Five economic lessons from Sweden, the rock star of the recovery - The Washington Post - 0 views

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    STOCKHOLM - Almost every developed nation in the world was walloped by the financial crisis, their economies paralyzed, their prospects for the future muddied. And then there's Sweden, the rock star of the recovery.
Bakari Chavanu

Amazon.com: Idiot America: How Stupidity Became a Virtue in the Land of the Free eBook:... - 0 views

  • Question: What inspired, or should I say drove, you to write Idiot America? Charles P. Pierce: The germ of the idea came as I watched the extended coverage of the death of Terri Schiavo. I wondered how so many people could ally themselves with so much foolishness despite the fact that it was doing them no perceptible good, politically or otherwise.
  • Question: Is there a specific turning point where, as a country, we moved away from prizing experience to trusting the gut over intellect? Charles P. Pierce: I don't know if there's one point that you can point to and say, “This is when it happened.” The conflict between intellectual expertise and reflexive emotion—often characterized as “good old common sense,” when it is neither common nor sense—has been endemic to American culture and politics since the beginning. I do think that my profession, journalism, went off the tracks when it accepted as axiomatic the notion that “Perception is reality.”
  • Question: What is the most dangerous aspect of Idiot America? Charles P. Pierce: The most dangerous aspect of Idiot America is that it encourages us to abandon our birthright to be informed citizens of a self-governing republic. America cannot function on automatic pilot, and, too often, we don't notice that it has been until the damage has already been done.
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  • To this day, we have a political party—the Republicans—who, because it embraced a “movement of Conservatism” that celebrated anti-intellectualism is now incapable of conducting itself in any other way. That has profound political and cultural consequences, and the truly foul part about it was that so many people engaged in it knowing full well they were peddling poison.
  • Charles P. Pierce: Look at the political opposition to President Obama. “Socialist!” “Fascist!” “Coming to get your guns.” Hysteria from the hucksters of Idiot America is still at high-tide. People are killing other people and specifically attributing their action to imaginary oppression stoked by radio talk-show stars and television pundits. That Glenn Beck has achieved the prominence he has makes me wonder if there is a just god in heaven.
  • "Idiot America" is great, informative book about concepts we see everyday. Also, many of the 1-star reviews are likely biased because of some of the political and religious topics noted. I think this book is definitely a full, 5-star book.
  • The author notes "The 3 Great Premises: and applies them to many instances in this book: 1. Any theory is valid if it moves units (rating, and making money). 2. Anything can be true if it is said loudly enough. 3. Fact is what enough people believe (the Truth is what you believe).
  • POLITICAL TALK RADIO: One set of rules noted by a professor studying radio discourse: *Never Be Dull *Embrace willfully ignorant simplicity *The American public is stupid; treat them that way *Always ignore the fact and the public record when it's convenient
  • TELEVISION: "Television is an emotional medium. It's entertainment, not analysis or reasoned discourse."
  • But to someone willing to take the time to read it, this book tells people what practically everyone should know about American politics -- that the American people are being sold a sob story about how experts are an elite that is keeping them from being The Best Damn Nation In The World. (In that regard, one should definitely read "The Paranoid Style In American Politics" by Richard Hofstadter -- it's over four decades old, but saw from the very beginning what has come into full bloom now with the barking lunacy of the American Right.)
  • The main problem with this book is this: the people who are likely to read it already know most of the story, and are mostly getting background information, and the people who won't read it are like the six reviewers I mentioned in my intro -- determined to ignore its stories and insights as "bias" because their politics and faith won't let them look outside the cloister.
  • He lays the blame at the feet of various ideology-driven entities, with special attention given to the same corporate-media war cheerleaders who happily passed on Bush's lies about Iraqi weaponry to a somnolent public, and who, in the name of putting "balance" over reality, treat specious creationist nonsense and hard scientific fact as if both had equal validity. Highly recommended!
Joe La Fleur

Allen West a victim of voter fraud and crooked Democrat officials - 0 views

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    COL. ALLEN WEST A REAL AMERICAN HERO AWARDED THE BRONZE STAR
Michael Haltman

Joran van der Sloot: What the... - 0 views

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    People need to take an interest in more than Natalee Holloway, Dancing with the Stars, American Idol, etc. There are bigger fish to fry out there!
thinkahol *

Should the US Be Bombed? | CommonDreams.org - 0 views

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    For Star Trek fans, the news is grim. Some set of maniacs on planet Earth is ready to take all the pleasure out of that low-budget TV show and its ensuing set of big-budget movies. They are actually planning someday to manufacture phasers, ones large enough to vaporize incoming missiles and others small enough to be hand-held and, if not vaporize, then inflict terrible pain. Sooner or later, they expect to beam them down to this planet and set them to work.
thinkahol *

Will Paul Krugman be Shamed Into Debating an Austrian Economics Wunderkind? - CNBC - 0 views

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    Libertarians frustrated by what they view as the lack of engagement by arch-Keynesian Paul Krugman with their arguments have come up with a clever ploy: they're promising to donate $100,000 to the Fresh Food Program of FoodBankNYC.org if Krugman will debate one of their stars.
Sana ulHaq

Christian music star: I'm a lesbian - 0 views

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    Grammy-nominated singer/songwriter Jennifer Knapp shocked the Christian music industry and fans by announcing she's gay
Sarah Eeee

Income Inequality and the 'Superstar Effect' - NYTimes.com - 0 views

  • In 1982, the top 1 percent of pop stars, in terms of pay, raked in 26 percent of concert ticket revenue. In 2003, that top percentage of stars — names like Justin Timberlake, Christina Aguilera or 50 Cent — was taking 56 percent of the concert pie.
  • . In an article entitled “The Economics of Superstars,” he argued that technological changes would allow the best performers in a given field to serve a bigger market and thus reap a greater share of its revenue. But this would also reduce the spoils available to the less gifted in the business.
  • IF one loosens slightly the role played by technological progress, Dr. Rosen’s framework also does a pretty good job explaining the evolution of executive pay. In 1977, an elite chief executive working at one of America’s top 100 companies earned about 50 times the wage of its average worker. Three decades later, the nation’s best-paid C.E.O.’s made about 1,100 times the pay of a worker on the production line.
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  • CAPITALISM relies on inequality. Like differences in other prices, pay disparities steer resources — in this case, people — to where they would be most productively employed.
  • In poor economies, fast economic growth increases inequality as some workers profit from new opportunities and others do not. The share of national income accruing to the top 1 percent of the Chinese population more than doubled from 1986 to 2003.
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    What impact do the incredible salaries of superstars have on the rest of us? What has changed, technologically and socially, to precipitate these inequities? This article also offers a brief look at the relationship between income inequality and economic growth, comparing the US throughout its history and the US vis a vis several European countries. (Part 1 of 2)
thinkahol *

By Michel Chossudovsky - Professor of Economics, University of Ottawa and TFF associate... - 0 views

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    The important debate on global warming under UN auspices provides but a partial picture of climate change; in addition to the devastating impacts of greenhouse gas emissions on the ozone layer, the World's climate can now be modified as part of a new generation of sophisticated "non-lethal weapons." Both the Americans and the Russians have developed capabilities to manipulate the World's climate. In the US, the technology is being perfected under the High-frequency Active Aural Research Program (HAARP) as part of the ("Star Wars") Strategic Defence Initiative (SDI). Recent scientific evidence suggests that HAARP is fully operational and has the ability of potentially triggering floods, droughts, hurricanes and earthquakes.
thinkahol *

When Change Is Not Enough: The Seven Steps To Revolution | OurFuture.org - 0 views

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    "Those who make peaceful evolution impossible make violent revolution inevitable."- John F. KennedyThere's one thing for sure: 2008 isn't anything like politics as usual.The corporate media (with their unerring eye for the obvious point) is fixated on the narrative that, for the first time ever, Americans will likely end this year with either a woman or a black man headed for the White House. Bloggers are telling stories from the front lines of primaries and caucuses that look like something from the early 60s - people lining up before dawn to vote in Manoa, Hawaii yesterday; a thousand black college students in Prairie View, Texas marching 10 miles to cast their early votes in the face of a county that tried to disenfranchise them. In recent months, we've also been gobstopped by the sheer passion of the insurgent campaigns of both Barack Obama and Ron Paul, both of whom brought millions of new voters into the conversation - and with them, a sharp critique of the status quo and a new energy that's agitating toward deep structural change.There's something implacable, earnest, and righteously angry in the air. And it raises all kinds of questions for burned-out Boomers and jaded Gen Xers who've been ground down to the stump by the mostly losing battles of the past 30 years. Can it be - at long last - that Americans have, simply, had enough? Are we, finally, stepping out to take back our government - and with it, control of our own future? Is this simply a shifting political season - the kind we get every 20 to 30 years - or is there something deeper going on here? Do we dare to raise our hopes that this time, we're going to finally win a few? Just how ready is this country for big, serious, forward-looking change?Recently, I came across a pocket of sociological research that suggested a tantalizing answer to these questions - and also that America may be far more ready for far more change than anyone really believes is possible at this moment. In fac
thinkahol *

The Blog : How Rich is Too Rich? : Sam Harris - 0 views

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    I've written before about the crisis of inequality in the United States and about the quasi-religious abhorrence of "wealth redistribution" that causes many Americans to oppose tax increases, even on the ultra rich. The conviction that taxation is intrinsically evil has achieved a sadomasochistic fervor in conservative circles-producing the Tea Party, their Republican zombies, and increasingly terrifying failures of governance. Happily, not all billionaires are content to hoard their money in silence. Earlier this week, Warren Buffett published an op-ed in the New York Times in which he criticized our current approach to raising revenue. As he has lamented many times before, he is taxed at a lower rate than his secretary is. Many conservatives pretend not to find this embarrassing. Conservatives view taxation as a species of theft-and to raise taxes, on anyone for any reason, is simply to steal more. Conservatives also believe that people become rich by creating value for others. Once rich, they cannot help but create more value by investing their wealth and spawning new jobs in the process. We should not punish our best and brightest for their success, and stealing their money is a form of punishment. Of course, this is just an economic cartoon. We don't have perfectly efficient markets, and many wealthy people don't create much in the way of value for others. In fact, as our recent financial crisis has shown, it is possible for a few people to become extraordinarily rich by wrecking the global economy. Nevertheless, the basic argument often holds: Many people have amassed fortunes because they (or their parent's, parent's, parents) created value. Steve Jobs resurrected Apple Computer and has since produced one gorgeous product after another. It isn't an accident that millions of us are happy to give him our money. But even in the ideal case, where obvious value has been created, how much wealth can one person be allowed to keep? A trillion doll
thinkahol *

Obama bans war criminals, except our own - The Star Democrat: Opinion - 0 views

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    By executive order on Aug. 4, President Barack Obama refused entry to the United States of war criminals and human-rights violators (jurist.org, Aug. 4). He ignored, as he often does, the deeply documented factual evidence of war crimes committed by the Bush-Cheney administration along with grim proof that the Obama administration also violates our anti-torture laws and the U.N. Convention Against Torture we signed. Take, for example, right now under Obama, "The CIA Secret Sites in Somalia" (the nation.com, July 12).
thinkahol *

ALEC Exposed: A Nationwide Blueprint for the Rightwing Takeover | Common Dreams - 0 views

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    "Never has the time been so right," Louisiana State Representative Noble Ellington told conservative legislators gathered in Washington to plan the radical remaking of policies in the states. It was one month after the 2010 midterm elections. Republicans had grabbed 680 legislative seats and secured a power trifecta-control of both legislative chambers and the governorship-in twenty-one states. Ellington was speaking for hundreds of attendees at a "States and Nation Policy Summit," featuring GOP stars like Texas Governor Rick Perry, former House Speaker Newt Gingrich and House Majority Leader Eric Cantor. Convened by the American Legislative Exchange Council (ALEC)-"the nation's largest, non-partisan, individual public-private membership association of state legislators," as the spin-savvy group describes itself-the meeting did not intend to draw up an agenda for the upcoming legislative session. That had already been done by ALEC's elite task forces of lawmakers and corporate representatives. The new legislators were there to grab their weapons: carefully crafted model bills seeking to impose a one-size-fits-all agenda on the states.
Sarah Eeee

Income Inequality and the 'Superstar Effect' - NYTimes.com - 0 views

  • Yet the increasingly outsize rewards accruing to the nation’s elite clutch of superstars threaten to gum up this incentive mechanism. If only a very lucky few can aspire to a big reward, most workers are likely to conclude that it is not worth the effort to try.
  • It is true that the nation grew quite fast as inequality soared over the last three decades. Since 1980, the country’s gross domestic product per person has increased about 69 percent, even as the share of income accruing to the richest 1 percent of the population jumped to 36 percent from 22 percent. But the economy grew even faster — 83 percent per capita — from 1951 to 1980, when inequality declined when measured as the share of national income going to the very top of the population.
  • The cost for this tonic seems to be a drastic decline in Americans’ economic mobility. Since 1980, the weekly wage of the average worker on the factory floor has increased little more than 3 percent, after inflation. The United States is the rich country with the most skewed income distribution. According to the Organization for Economic Cooperation and Development, the average earnings of the richest 10 percent of Americans are 16 times those for the 10 percent at the bottom of the pile. That compares with a multiple of 8 in Britain and 5 in Sweden.
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  • Not coincidentally, Americans are less economically mobile than people in other developed countries. There is a 42 percent chance that the son of an American man in the bottom fifth of the income distribution will be stuck in the same economic slot. The equivalent odds for a British man are 30 percent, and 25 percent for a Swede.
  • Just as technology gave pop stars a bigger fan base that could buy their CDs, download their singles and snap up their concert tickets, the combination of information technology and deregulation gave bankers an unprecedented opportunity to reap huge rewards. Investors piled into the top-rated funds that generated the highest returns. Rewards flowed in abundance to the most “productive” financiers, those that took the bigger risks and generated the biggest profits. Finance wasn’t always so richly paid. Financiers had a great time in the early decades of the 20th century: from 1909 to the mid-1930s, they typically made about 50 percent to 60 percent more than workers in other industries. But the stock market collapse of 1929 and the Great Depression changed all that. In 1934, corporate profits in the financial sector shrank to $236 million, one-eighth what they were five years earlier. Wages followed. From 1950 through about 1980, bankers and insurers made only 10 percent more than workers outside of finance, on average.
  • Then, in the 1980s, the Reagan administration unleashed a surge of deregulation. By 1999, the Glass-Steagall Act lay repealed. Banks could commingle with insurance companies at will. Ceilings on interest rates vanished. Banks could open branches anywhere. Unsurprisingly, the most highly educated returned to banking and finance. By 2005, the share of workers in the finance industry with a college education exceeded that of other industries by nearly 20 percentage points. By 2006, pay in the financial sector was again 70 percent higher than wages elsewhere in the private sector. A third of the 2009 Princeton graduates who got jobs after graduation went into finance; 6.3 percent took jobs in government.
  • Then the financial industry blew up, taking out a good chunk of the world economy. Finance will not be tamed by tweaking the way bankers are paid. But bankers’ pay could be structured to discourage wanton risk taking
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    (Part 2 of 2 - see first part below) What impact do the incredible salaries of superstars have on the rest of us? What has changed, technologically and socially, to precipitate these inequities? This article also offers a brief look at the relationship between income inequality and economic growth, comparing the US throughout its history and the US vis a vis several European countries.
rich hilts

Political Rock Stars Rocking Political Correctness? - 2 views

shared by rich hilts on 15 Jan 11 - No Cached
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    Why can't we find more of these real leaders? Why do we keep sucking in to the "pretty people" with the perfect hair, the perfect smiles and the perfect ability to change their promises at the drop of a dime?
Felipp Tam

Two Thumbs Up for Hotels Cagayan de Oro - 1 views

Among the many hotels Cagayan de Oro, I consider Cagayan de Oro Hotels to be the best hotel I have ever stayed at. They offer great amenities that make your stay a very relaxing one. As member of ...

travel hotels of in Park Hotel map tour Tourism National

started by Felipp Tam on 14 Jun 11 no follow-up yet
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