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Bakari Chavanu

Five Economic Reforms Millennials Should Be Fighting For | Politics News | Rolling Stone - 0 views

  • Some economists have proposed running a job guarantee through the non-profit sector, which would make it even easier to suit the job to the worker. Imagine a world where people could contribute the skills that inspire them – teaching, tutoring, urban farming, cleaning up the environment, painting murals – rather than telemarketing or whatever other stupid tasks bosses need done to supplement their millions. Sounds nice, doesn't it?
    • Bakari Chavanu
       
      Jeremey Rifkin's The End of Work proposes this idea.
  • What if people didn't have to work to survive? Enter the jaw-droppingly simple idea of a universal basic income, in which the government would just add a sum sufficient for subsistence to everyone's bank account every month. A proposal along these lines has been gaining traction in Switzerland, and it's starting to get a lot of attention here, too.
  • A universal basic income would address this epidemic at the root and provide everyone, in the words of Duke professor Kathi Weeks, "time to cultivate new needs for pleasures, activities, senses, passions, affects, and socialities that exceed the options of working and saving, producing and accumulating."
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  • Ever noticed how much landlords blow? They don't really do anything to earn their money. They just claim ownership of buildings and charge people who actually work for a living the majority of our incomes for the privilege of staying in boxes that these owners often didn't build and rarely if ever improve.
  • In a few years, my landlord will probably sell my building to another landlord and make off with the appreciated value of the land s/he also claims to own – which won't even get taxed, as long as s/he ploughs it right back into more real estate.
  •  Municipalities themselves can be big-time landowners, and groups can even create large-scale community land trusts so that the land is held in common. In any case, we have to stop letting rich people pretend they privately own what nature provided everyone.
  • Hoarders blow. Take, for instance, the infamous one percent, whose ownership of the capital stock of this country leads to such horrific inequality. "Capital stock" refers to two things here: the buildings and equipment that workers use to produce goods and services, and the stocks and bonds that represent ownership over the former. The top 10 percent's ownership of the means of production is represented by the fact that they control 80 percent of all financial assets.
    • Bakari Chavanu
       
      Defines capital stock
  • You know what else really blows? Wall Street. The whole point of a finance sector is supposed to be collecting the surplus that the whole economy has worked to produce, and channeling that surplus wealth toward its most socially valuable uses. It is difficult to overstate how completely awful our finance sector has been at accomplishing that basic goal. Let's try to change that by allowing state governments into the banking game.
  • There is only one state that currently has a public option for banking: North Dakota.
  • When North Dakotans pay state taxes, the money gets deposited in the state's bank, which in turn offers cheap loans to farmers, students and businesses. The Bank of North Dakota doesn't make seedy, destined-to-default loans, slice them up inscrutably and sell them on a secondary market.
Bakari Chavanu

Amazon.com: Tear Down This Myth: How the Reagan Legacy Has Distorted Our Politics and H... - 0 views

  • Two books have been recently published which attempt to present an alternative perspective on the Reagan presidency. One, William Kleinecht's The Man Who Sold the World: Ronald Reagan and the Betrayal of Main Street America, is revisionist polemic and does more to enrage than enlighten. Will Bunch's Tear Down this Myth, however, is a fair and balanced (to borrow a phrase popular with right-wingers) look at the Reagan presidency. Far from polemic, and often complimentary to President Reagan, Bunch attempts to reveal the presidency of Ronald Reagan as it was experienced by those during the era. Many of the negative reviews appearing on Amazon are obviously written by those who didn't read the book. As I've said before, Amazon needs to look more carefully at reviews before publishing them. This is not a chat board.
  • But Reagan made mistakes which have been glossed over: including the stationing of Marines in Lebanon and providing aid to Saddam Hussein. The Iran-Contra scandal, which nearly sank his presidency, has been almost forgotten. And the spiraling deficits of the 1980s (repeated 20 years later) proved that the Laffer Curve, which was the cornerstone of Reaganomics, had no basis in actual fact.
  • Bunch reminds us that Reagan was not particularly popular during most of his presidency, and that many Americans had good reason to wonder whether the country was in competent hands. Bunch runs over the Iran-Contra scandal, which came close to ending up in Reagan's impeachment. Far from being a thrifty government downsizer, he added $2 trillion to the national debt and grew the government. Bunch also reminds us that Reagan was the original "cut and run" artist, pulling US troops out of a failed mission in Lebanon within weeks after 241 Marines were killed there in a terrorist attack. We are reminded that Reagan's overtures to Iran to free hostages only resulted in more Americans being taken, and that his economic plans sowed the seeds of deregulation and greed that we are still reaping.
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  • We also see Reagan, the man who hated committing troops to war, who was a pragmatist economist who raised taxes when his trickle down theories did not working and whose personal diplomacy with the Soviets came close to riding the world of nuclear weapons.
  • I personally have long thought that the invasion of tiny Grenada, coming close on the heels of the Marine barracks disaster, was meant to distract the public from Reagan's ineptitude.
thinkahol *

The profound mystery of the "enthusiasm gap" - Glenn Greenwald - Salon.com - 0 views

  • What's most amazing about this is that Democrats generally and the White House specifically seem completely uninterested in doing anything about this -- other than exacerbating it.
Levy Rivers

The coming only is sacred: self-creation and social solidarity in Richard Rorty's secul... - 0 views

  • Richard Rorty's socialist parents, Walter Rauschenbusch's daughter Winifred and her husband James Rorty, moved from churchly circles into the cosmopolitan company of the old New York Intellectuals and at least for a season loved Trotsky more than Jesus. Their son Richard was born in 1931 into a family circle of leftist politics and very progressive social hopes. Frequent guests in the Rorty home included John Dewey, Sidney Hook, Lionel Trilling, the Italian anarchist Carlo Tresca and John Frank (Trotsky's secretary who lived with the Rortys under an assumed name). Richard Rorty confesses that as a boy of 12 he knew the point of being human was to give one's life to fight against social injustice. He also knew the temptations and terrors of radical politics. He knew that Stalin had ordered the assassinations of Trotsky, Tresca, Frank and scores of other anti-totalitarian leftist leaders and intellectuals.
  • Walter Rauschenbusch was declared the father of the Social Gospel.
Levy Rivers

Charles Krauthammer - Palin's Problem - washingtonpost.com - 0 views

  • It's clear that McCain picked her because he had decided that he needed a game-changer. But why? He'd closed the gap in the polls with Obama. True, that had more to do with Obama sagging than McCain gaining. But what's the difference? You win either way.
  • So why did McCain do it? He figured it's a Democratic year. The Republican brand is deeply tarnished. The opposition is running on "change" in a change election. So McCain gambled that he could steal the change issue for himself -- a crazy brave, characteristically reckless, inconceivably difficult maneuver -- by picking an authentically independent, tough-minded reformer. With Palin, he doubles down on change
  • The gamble is enormous. In a stroke, McCain gratuitously forfeited his most powerful argument against Obama. And this was even before Palin's inevitable liabilities began to pile up -- inevitable because any previously unvetted neophyte has "issues." The kid. The state trooper investigation. And worst, the paucity of any Palin record or expressed conviction on the major issues of our time.
Levy Rivers

Obama team pledges openness - yet lobbyist can apply - 0 views

  • In all, Obama's transition is budgeted at $12 million -- $5.2 million from the federal government and $6.8 million from private donations. Last month, I broke the story on how the "transition project" was created as a nonprofit in order to allow the Obama team to fund-raise to pay for pre-election transition work Podesta was quietly overseeing.
  • Podesta's briefing drew RSVPs from more than 200 journalists, so many that the transition arranged for a listen-only conference call -- in order to pare down the number of reporters actually attending.
Levy Rivers

Racial Gerrymandering Is Unnecessary - WSJ.com - 0 views

  • Not so. Mr. Obama's 43% share of the white vote in the general election was actually a tad larger than that of John Kerry in 2004 (41%) or Al Gore in 2000 (42%).
  • Consider Iowa, with only a miniscule African-American population. The 5% of voters who said race was the most important factor in their choice of whom to vote for backed Mr. Obama 54% to 45%. Or consider Minnesota and Wisconsin, also overwhelmingly white, where Mr. Obama's lead was 18% and 21% respectively among the 5% to 7% of voters who made race their highest priority.
  • The aggressive federal interference in state and local districting decisions enshrined in the Voting Rights Act should therefore be reconsidered. That statute, adopted in 1965 and strengthened by Congress in the summer of 2006, demands race-driven districting maps to protect black candidates from white competition. That translates into an effort to create black representation proportional to the black population in the jurisdiction
Levy Rivers

Prop 8 - Black v Queer - critical analysis - 0 views

  • The rhetoric, once again, masks racism through comparative oppressions - the prevailing misrepresentation of how the black vote, and also the Hispanic vote, supported anti-gay policies on the day that black history would be irrevocably altered.
  • Gay is the New Black
  • Offense #1: It presumes that, because we made significant racial progress through the election of Obama, somehow racism has been conquered while homophobia has not been. Obviously, racism hasn't been conquered, or that slogan would have never emerged in the first place.Offense #2: Such a slogan is designed to pit two marginal groups against each other, conveniently ignoring the fact that certain fundamental religious organizations whose congregations are overwhelmingly white were instrumental in enacting Proposition 8 in the first place.
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  • Offense #3: Presumed whiteness. The very fact that "Gay is the New Black" can position gayness in opposition to blackness is to completely erase and exclude black gays and lesbians, who include people like James Baldwin and Audre Lorde. "Gay" is supposed to represent whiteness, and, suddenly, as Baldwin wrote, "They require of me a song less to celebrate my captivity than to justify their own."
Levy Rivers

Democrat president needed to restore U.S. reputation: delegates - 0 views

  • Alegi, 72, said Europeans are appalled by the Republican administration's willingness to set aside conventional civil rights for detainees captured in Iraq or Afghanistan. Ken Sherman, a Hamilton, Ont., resident who was selected as a delegate pledged to Barack Obama, said that when he visits Europe, he uses his Canadian rather than American passport because international anger over U.S. foreign policy. "In the last five years with George Bush, I don't pull out my American passport unless I need it." But Obama's rise has made Sherman, 71, prepared to embrace his American citizenship again. "Something has happened in the past two years that has made me proud to be an American again. People are rising up." Wayne Weightman, a 46-year-old Cambodian lawyer, came to Vancouver to support Barack Obama who, he believes, can revive respect overseas for America.
Levy Rivers

Obama the Delegator Picks When to Take Reins - NYTimes.com - 0 views

  • And that Mr. Obama did. He began participating in more strategy sessions, spoke out against a summertime gasoline tax suspension more forcefully than some advisers initially preferred, and last week was involved in conference calls that led to the departure of James A. Johnson, the man leading the campaign’s vice-presidential search.
Levy Rivers

Obama and McCain Clash Over Economy - NYTimes.com - 0 views

  • “Senator McCain suggests that somehow, you know, I’m green behind the ears and, you know, I’m just spouting off, and he’s somber and responsible,” he said. “Senator McCain, this is the guy who sang, ‘Bomb, bomb, bomb Iran,’ who called for the annihilation of North Korea. That I don’t think is an example of ‘speaking softly.’ 
  • Throughout the evening, when Mr. McCain spoke, Mr. Obama stood at the side of the stage, or seated on a chair, arms folded, gazing at his rival. When Mr. Obama spoke, Mr. McCain took notes, often looked the other way, or scribbled on a pad.
  • Even Mr. McCain’s use of humor — a central part of his appeal in his own town hall meetings — did not seem that effective. At one point he joked about how health care plans probably should not pay for hair transplants, a remark that did not seem to draw more than a titter.
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  • Mr. Obama nodded disapprovingly. “Now, I’ve got to correct a little bit of Senator McCain’s history, not surprisingly,” he said “Let’s, first of all, understand that the biggest problem in this whole process was the deregulation of the financial system.
Arne Løining

The Blue Pill People - 0 views

  • You're here because you know something. What you know you can't explain -- but you feel it. You've felt it your entire life; that there's something wrong with the world; you don't know what it is, but it's there, like a splinter in your mind, driving you mad.
  • That you are a slave Neo, like everyone else, you were born into bondage; born into a prison that you cannot smell or taste or touch; a prison for your mind. Unfortunately, no one can be told what the Matrix is. You have to experience it for yourself.
  • Extreme, but not much different than our modern system of corporate government and capitalistic socialism.
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  • Why will blue pill people fight to protect a Matrix that enslaves them? It's all they know. And all their toys, castles, comforts and consumables will be gone without the Matrix. Their whole illusionary existence will evaporate, leaving them naked and alone.
  • How deep does the rabbit hole go? Near the end of the movie, the Matrix's agent Smith acclaims the virtues of the Matrix to the captive red pill people's leader Morpheus: “Have you ever stood and stared at it? Marveled at is beauty; its genius? Billions of people, just living out their lives -- oblivious.”
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    How deep does the rabbit hole go? Near the end of the movie, the Matrix's agent Smith acclaims the virtues of the Matrix to the captive red pill people's leader Morpheus: "Have you ever stood and stared at it? Marveled at is beauty; its genius? Billions of people, just living out their lives -- oblivious."
Levy Rivers

Tom Watson MP » Blog Archive » Power of Information: New taskforce and speech - 0 views

  • We commissioned Ed Mayo and Tom Steinberg to write the Power of Information report because we knew that information, presented in the right way, was a potent driver for improving public services and government.
  • Today I am going to offer two arguments that I think compliment the Prime Minister’s recent announcement on public service reform
  • Firstly, that freeing up data will allow us to unlock the talent British entrepreneurs. And secondly, engaging people - using the simple tools that bring them together - will allow the talents of all our people to be applied to the provision of public services.
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  • The difference of course is that today we contend with what Richard Saul Wurman describes as a ‘tsunami of data’
  • My job is to make sure that government can benefit from this new thinking too. When we were first elected in 1997 people had a recipient relationship with data, they got what they were given when they were given it. It was static.
  • In scale, the spread of social media is comparable to the spread of telephones in the 1930’s to the 1950’s. Yet it’s happened in two years not 20.
  • As Clay Shirky would say, we’ve reached a point where technology is simple and boring enough to be socially useful and interesting.
  • Over 7 million electronic signatures have been sent, electronically, to the Downing Street petition website. 1 in 10 citizens have emailed the Prime Minister about an issue. The next stage is to enable e-petitioners to connect with each other around particular issues and to link up with policy debates both on and off Government webspace.
  • Only last week, the Prime Minister became the first head of Government in Europe to launch his own channel on Twitter, which I can tell you from experience, is extremely useful to his ministers at least
  • Richard is here tonight and I hope that after the formal proceedings you might like to share some of your own ideas with him. Richard is also joined by a number of other taskforce members. They’re all people with remarkable track records in this field. We’re lucky. The UK has some of the world’s leading talent.
  • And today the PM announced an initiative that would allow you to find your community Bobbies using your postcode.
  • The taskforce will bring its expertise to bare on existing initiatives to see if we can what we already do better
  • I want the taskforce to ensure that the COI and Cabinet Office produce a set of guidelines that adheres to the letter of the law when it comes to the civil service code but also lives within the spirit of the age. I’ll be putting some very draft proposals to the taskforce to consider later this week.
  • By bringing people onto the taskforce with the skills and experiences of people like Sally Russell we can move further and faster in this area.
  • Two weeks ago the Prime Minister signalled that we were moving public services to the next stage of reform. He said that we were not only going to, further enhance choice but also empower both the users of services and all the professionals who deliver them - to drive up standards for all.
  • Transformational government is about wrapping services around the citizen, not citizens around the services.
  • Last month DirectGov had over 7 million visitors. Peter is seeing the aggregate desires of millions of UK public service using citizens. I had half an hour with him a fortnight ago and came away with a dozen ideas as to how we can improve our public services.
  • I’m the Member of Parliament for West Bromwich East and I didn’t know about an important recycling initiative going on in my own patch. This information now means that a bag load of clothing for a small child and a habitat sofa are about given a second chance to give pleasure.
  • And much of that information has the potential to be reused in data mashups. Some of it already is, like Hansard on theyworkforyou, or Google Maps using Ordnance Survey data.
  • The Power of Information Report recognised that, and made recommendations to the Treasury. The Treasury, with the Department for Business, Enterprise and Regulatory Reform, published an independent economic study in the Budget and announced its intention to look at these issues during this spending review cycle.
  • It was this early open source approach that arguably fostered 500 years of Islamic scholarship in important fields like medicine, astronomy, lexicography, literature and science. In contrast, European data was stored in monasteries and did not foster easy knowledge transfer. As Gibbon wrote in the ‘Decline and fall of the Roman empire’ the ‘age of Arabian learning continued about five hundred years’ and was coeval with the darkest and most slothful period of European annals?
  • I believe in the power of mass collaboration. I believe that as James Surowiecki says the many are smarter than the few. I believe that the old hierarchies in which government policy is made are going to change for ever. I said that I don’t believe the post-bureaucratic age argument. It’s just old thinking, laissez faire ideas with a new badge. The future of government is to provide tools for empowerment, not to sit back and hope that laissez-faire adhocracy will suffice.
  • The irony that laying claim to the ownership of a policy on open source was lost to the poor researcher who had spent a day dissecting the speech. He’d been able to do so easily because it was freely available on my blog, a simple tool used for communicating information quickly and at nearly zero cost without the requirement to charge for access. The point is, who cares? It doesn’t matter who has the ideas. It’s what you do with them and how you improve on them that counts.
alex thorn

Treasury's Plan Would Give Fed Wide New Power - New York Times - 0 views

  • Democratic lawmakers are all but certain to say the proposal does not go far enough in restricting the kinds of practices that caused the financial crisis.
    • alex thorn
       
      Notice how the Democrats are only angry about the lack of restrictions on the practices that "caused the mortgage crisis," rather than the overall problems with the unregulated and arbitrary power of the Federal Reserve.
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    The Treasury Department will propose on Monday that Congress give the Federal Reserve broad new authority to oversee financial market stability, in effect allowing it to send SWAT teams into any corner of the industry or any institution that might pose a risk to the overall system.
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.
Skeptical Debunker

Jobs Bill Looks Ready To Pass Major Hurdle After GOPers Join Dems | TPMDC - 0 views

  • Sen. Scott Brown (R-MA) broke with his party and voted with the Democrats. So did Sen. Olympia Snowe (R-ME). It had been uncertain earlier in the day whether any Republicans would help Democrats reach 60 votes and overcome the threat of a GOP filibuster. With Sen. Frank Lautenberg (D-NJ) out of the Senate after being diagnosed with stomach cancer, Democrats needed at least two Republican votes to overcome a GOP filibuster threat. "Work with us on this," Senate Majority Leader Harry Reid said moments before the vote. "Show us you're serious about legislating." Reid also warned Republicans: Fail to support this bill, and the minority would "confirm their reputation as the 'Party of No.'" The bill, which is much smaller than some original proposals, would exempt businesses from paying Social Security payroll taxes this year after hiring from the nation's pool of millions of unemployed. The Build-America Bonds Act of 2009 would be renewed by the jobs bill. The scaled-down bill would also extend some tax breaks for small businesses, renew highway programs through December, and put $20 billion in the highway trust fund.
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    At least two Republicans joined Democrats in a key cloture vote moments ago, allowing debate on a jobs package to move forward. After overcoming this hurdle, debate on the bill can begin.
Skeptical Debunker

NYT: Many polluters escape prosecution - The New York Times- msnbc.com - 0 views

  • Thousands of the nation’s largest water polluters are outside the Clean Water Act’s reach because the Supreme Court has left uncertain which waterways are protected by that law, according to interviews with regulators. As a result, some businesses are declaring that the law no longer applies to them. And pollution rates are rising. Companies that have spilled oil, carcinogens and dangerous bacteria into lakes, rivers and other waters are not being prosecuted, according to Environmental Protection Agency regulators working on those cases, who estimate that more than 1,500 major pollution investigations have been discontinued or shelved in the last four years. Story continues below ↓advertisement | your ad heredap('&PG=NBCMSN&AP=1089','300','250');The Clean Water Act was intended to end dangerous water pollution by regulating every major polluter. But today, regulators may be unable to prosecute as many as half of the nation’s largest known polluters because officials lack jurisdiction or because proving jurisdiction would be overwhelmingly difficult or time consuming, according to midlevel officials.
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    The best "justice" money can buy via packing the Supreme Court with "conservatives" is bearing smelly, polluted fruit. Specifically, those "conservatives" are showing themselves to be "activist judges" in "watering down" conservation and public safety laws passed by Congress. Polluting "business" entities are apparently NOT to be considered to be within the oft-quoted and loved "conservative" limitation of the purview of the federal government to merely protect the populace from "enemies foreign and domestic". That this pollution kills and injures thousands (and poisons the environment for the countless of the "unborn") apparently doesn't matter (but if Al Qaeda was doing it, then complete suspension of all domestic rights would be justified to "fight" that!). Pictured: In 2007, a pipe maker was fined millions of dollars for dumping oil, lead and zinc into Avondale Creek in Alabama. A court ruled the waterway was exempt from the Clean Water Act. The firm eventually settled by agreeing to pay a smaller amount and submit to probation.
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