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alex thorn

Senate votes to roll back media ownership rule: Financial News - Yahoo! Finance - 0 views

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    The Senate is trying to get rid of Bush-supported media consolidation rules... this is good! Break up the big media!
alex thorn

Leahy says Clinton should withdraw - Yahoo! News - 0 views

  • Sen. Patrick Leahy is suggesting that Democratic presidential candidate Hillary Rodham Clinton abandon her White House run.
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    Sen. Patrick Leahy is suggesting that Democratic presidential candidate Hillary Rodham Clinton abandon her White House run.
alex thorn

Military tells Bush of troop strains - Yahoo! News - 0 views

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    Behind the Pentagon's closed doors, U.S. military leaders told President Bush they are worried about the Iraq war's mounting strain on troops and their families. But they indicated they'd go along with a brief halt in pulling out troops this summer.
Ahmad Al-Shagra

3zeema.com - عزيمة - 0 views

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    Arabic Version of Yahoo!'s Upcoming for events and social gathering (public/private)
Skeptical Debunker

Obama, Republicans clash at heated health summit - Yahoo! News - 0 views

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    "We have a very difficult gap to bridge here," said Rep. Eric Cantor, the No. 2 House Republican. "We just can't afford this. That's the ultimate problem." With Cantor sitting in front of a giant stack of nearly 2,400 pages representing the Democrats' Senate-passed bill, Obama said cost is a legitimate question, but he took Cantor and other Republicans to task for using political shorthand and props "that prevent us from having a conversation." And so it went, hour after hour at Blair House, just across Pennsylvania Avenue from the White House - a marathon policy debate available from start to finish to a divided public. The more than six-hour back-and-forth was essentially a condensed, one-day version of the entire past year of debate over the nation's health care crisis, with all its heat, complexity and detail, and a crash course in the partisan divide, in which Democrats seek the kind of broad remake that has eluded leaders for half a century and Republicans favor much more modest changes. With Democrats in control of the White House and Congress, they were left with the critical decision about where to go next. Obama and his Democratic allies argued at Thursday's meeting that a broad overhaul is imperative for the nation's future economic vitality. The president cast health care as "one of the biggest drags on our economy," tying his top domestic priority to an issue that's even more pressing to many Americans.
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    Of course the "we" in "We can't afford this" is the big health care monopolies (pharma, insurance, etc.). Supposedly, the country and people can afford the continued gouging by those special interests (up to 40% in some places this year alone!). Too, if the government were to find a way to "afford it" (disregarding that Medicare and Medicaid savings might pay for it altogether!), that would probably be on the "back" of the richest 5% and by reducing corporate and business subsidies (like those to oil companies, the military industrial complex, "big finance" bailouts and sweetheart Federal funds rates and "liquidity" pumping, non-risk underwriting for things like coastal flood insurance, etc., etc., etc.). Since that is the "invisible hand" that feeds most "conservatives" and Republican politicians, that would never do.
Skeptical Debunker

Daughter says pilot in Texas IRS crash was a hero - Yahoo! News - 0 views

  • Joe Stack's adult daughter, Samantha Bell, spoke to ABC's "Good Morning America" from her home in Norway. Asked during a phone interview broadcast Monday if she considered her father a hero, she said: "Yes. Because now maybe people will listen." Authorities say Stack, 53, targeted the IRS office building in Austin on Thursday, killing employee Vernon Hunter and himself, after posting a ranting manifesto against the agency and the government. He apparently set fire to his home before flying his plane into the office building. Hunter's son, Ken Hunter, said he's alarmed by comments that the pilot was a hero. "How can you call someone a hero who after he burns down his house, he gets into his plane ... and flies it into a building to kill people?" Hunter told ABC." "My dad Vernon did two tours of duty in Vietnam. My dad's a hero." Bell said she offered her deepest condolences to Hunter's family. She said her father's last actions were wrong. "But if nobody comes out and speaks up on behalf of injustice, then nothing will ever be accomplished," she told ABC. "But I do not agree with his last action with what he did. But I do agree about the government,"
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    The daughter of a man who crashed his small plane into a building housing offices of the Internal Revenue Service called her father a hero for his anti-government views but said his actions, which killed an IRS employee, were "inappropriate."
Skeptical Debunker

A job, but there's a catch: a 1,000-mile commute - Yahoo! News - 0 views

  • "I like to say I gave up an eight-minute commute for an eight-hour commute," he says wearily, running a hand though salt-and-pepper hair as he watches his two sons play basketball for the first time this season. After the aging General Motors plant where he worked for 23 years was idled about a year ago, Hanley faced a Hobson's choice: Stay with his family and search for an autoworker's salary ($28 an hour) in a county where more than 40 percent of its manufacturing jobs disappeared from 2006 to 2009. Or hang on to his GM paycheck and health insurance and follow the job, no matter where it leads. In his case, it led to Fairfax, Kan., the same place his brother and two brothers-in-law — also GM workers, and now his roommates — landed. For others, it has been Indiana or Texas. The long commute is not just a story of hard times, tough choices and a shrinking American auto industry. It's also a case study of what happens when an aging industrial town loses an anchor, when workers too old to start over and too young to retire are caught in a squeeze and when economic survival means one family, but two far-flung ZIP codes.
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    In the early dawn, after another week building cars, Michael Hanley leaves his job in Kansas. He quickly zips into Missouri, then heads up a ribbon of highway past grain silos and grazing deer, across the frozen fields of Iowa, over the Mississippi River and into the rolling hills of Wisconsin. Finally, he pulls into his driveway - 530 miles later. It's one heck of a haul: more than 1,000 miles roundtrip, 16-plus hours of driving, every week.
Skeptical Debunker

Schwarzenegger says Obama's stimulus created jobs - Yahoo! News - 0 views

  • At a conservative gathering in Washington this week, former presidential candidate Mitt Romney blasted the $787 billion stimulus bill and asserted it did not create any new jobs. The California governor, asked about the comments on the ABC news program "This Week," said many Republican politicians were railing against the program while seeking stimulus funds for their own districts. "You have a lot of the Republicans running around and pushing back on the stimulus money and saying this doesn't create any new jobs," Schwarzenegger said. "Then they go out and they do the photo ops and they are posing with the big check and they say 'Isn't this great?'"
Skeptical Debunker

"Hurt Locker" producers sued days before Oscars - Yahoo! News - 0 views

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    An Army sergeant on Tuesday sued the makers of Oscar-nominated film "The Hurt Locker" five days before the Academy Awards, claiming the central character in the film is based on him. Master Sergeant Jeffrey S. Sarver believes screenwriter Mark Boal based "virtually all of the situations" in the film on events involving him and claims he coined the phrase "the hurt locker," according to a statement from lawyer Geoffrey Fieger in Southland, Michigan, who is representing Sarver.
Skeptical Debunker

McCain Bill Making Medicare Untouchable Via Reconciliation Contradicts His Record - Yah... - 0 views

  • In a direct challenge to Democratic leadership, Sen. John McCain (R-Ariz.) introduced an amendment on Thursday night that would prohibit Congress from using reconciliation to make changes to Medicare. Framed as an effort to protect the sanctity of entitlement programs, McCain's measure would deprive Democrats of a stream of revenue for their health care bill. The party has targeted hundreds of billions of dollars in cuts and savings to the Medicare program that it would turn around and use to pay for other reforms. But for McCain to be the Republican face behind this effort is to distract, a bit, from its seriousness. The Senator has a fairly lengthy history of voting for reconciliation bills that do exactly what his current amendment prohibits: change Medicare. As pointed out by a Democratic source on the Hill, the Arizona Republican has voted for nine out of 13 reconciliation bills that have been offered during his time in the Senate. Of those nine, four included cuts to Medicare.
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    Republican politicians in general, John McCain in particular - hypocrites of the highest degree. Yes, most politicians sooner or later, one time or another display hypocritical tendencies. However, Republicans and John have taken it to new heights.
Skeptical Debunker

Analysis: Republicans setting filibuster record - Yahoo! News - 0 views

  • Opposition Republicans are using the delaying tactic at a record-setting pace. "The numbers are astonishing in this Congress," says Jim Riddlesperger, political science professor at Texas Christian University in Fort Worth. The filibuster, using seemingly endless debate to block legislative action, has become entrenched like a dandelion tap root in the midst of the shrill partisanship gripping Washington. But the filibuster is nothing new. Its use dates to the mists of Senate history, but until the civil rights era, it was rarely used.
  • As a matter of political philosophy, the concept of the filibuster arises from a deep-seated, historic concern among Americans that the minority not be steamrolled by the majority. It is a brake and protective device rooted in the same U.S. political sensibility that gave each state two senators regardless of population. The same impulse gave Americans the Electoral College in presidential contests — a structure from earliest U.S. history designed to give smaller population states greater influence in choosing the nation's leader. Given recent use of the filibuster by minority Republicans and the party's success in snarling the legislative process in this Congress, Democrats say the minority has gone way beyond just protecting its interests. The frequency of filibusters — plus threats to use them — are measured by the number of times the upper chamber votes on cloture. Such votes test the majority's ability to hold together 60 members to break a filibuster. In the 110th Congress of 2007-2008, with Republicans in the minority, there were a record 112 cloture votes. In the current session of Congress — the 111th — for all of 2009 and the first two months of 2010 the number already exceeds 40. The most the filibuster has been used when Democrats were in the minority was 58 times in the 106th Congress of 1999-2000.
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    Having railed against the Democratic minorities' use of ANY filibuster in the last several Congressional sessions when Republicans were in the majority, the Republicans now hypocritically are taking the use of the filibuster to new heights. Forgotten are their own strident and indignant demands that the "people" deserved the Senate allowing an "up or down vote". And that they would (and did) use a "nuclear option" or reconciliation if necessary to make that happen. The filibuster - tool of obstruction in the U.S. Senate - is alternately blamed and praised for wilting President Barack Obama's ambitious agenda. Some even say it's made the nation ungovernable.
Skeptical Debunker

Switzerland Keeping the Secrets of Alleged Tax Evaders - Yahoo! News - 0 views

  • Pick a dictator, almost any dictator - Cuba's Fulgencio Batista, the Philippines' Ferdinand Marcos, Haiti's Papa and Baby Doc Duvalier, the Shah of Iran, Central African Republic Emperor Jean-BÉdel Bokassa - and they all have this in common: they allegedly stashed their loot in secret, numbered accounts in Swiss banks, safely guarded by the so-called Gnomes of Zurich. This association - of bank secrecy and crime - has been fed into the public's imagination by dozens of books and movies. It's a reputation that rankles the Swiss, who have a more benevolent view of their commitment to privacy - one that happens to extend to tax privacy. Don't ask, because we won't tell. But the dramatic federal investigation of Switzerland's UBS has blown the lid off bank secrecy - and revealed how Swiss banks abet tax evasion on a far more widespread, if more banal, level. Over the past two decades, these secret banking services have been peddled progressively downmarket - first to the lesser-known fabulously wealthy, then to just the wealthy; more recently, private bankers have been tripping over themselves soliciting business from doctors, lawyers and other folks who are what the biz generally calls "high net worth" individuals. "The IRS has been concerned for decades that a combination of a global economy, the Internet, offshore banking, was really going to take offshore tax evasion from the old so-called 'gentlemen's sport' to tax evasion for the masses," says Mark Matthews, a former deputy IRS commissioner and now a tax attorney with Morgan, Lewis & Bockius LLP.
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    The federal investigation into UBS, which led to a $780 million fine and an agreement to turn over the names of more than 4,450 suspected tax cheats, is now in tatters after Swiss courts ruled against the executive-branch deal. To get around it, a special law has been proposed to accomplish the handoff, but that may not get anywhere in the legislature either. One outcome is already known: tax evasion had become a key service of the Swiss economy, not some isolated event. "They have been outed completely because a very large chunk of their business has been shown to include people cheating on taxes," says Jack Blum, a tax-haven expert. Being "reasonably conservative," he estimates 30% of Swiss banking is related to tax evasion, a figure that jibes with recently released bank data. These revelations come as the financial meltdown has punched a huge hole in projected revenues for governments, which are suddenly a whole lot less tolerant of tax cheats. That's particularly true in Germany, whose wealthy account for a significant portion (at least 10%) of the $1.8 trillion in Swiss banking assets. That translates into hundreds of millions in lost revenue and is the reason the German Finance Minister recently thundered, "There's no future for bank secrecy. It's finished. Its time has run out." The Swiss are not going to be so easily convinced. The Swiss government has already warned that it will not cooperate with German authorities if they go ahead with plans to purchase purloined data about Germans with Swiss bank accounts.
Skeptical Debunker

Top home-school texts dismiss Darwin, evolution - Yahoo! News - 0 views

  • Christian-based materials dominate a growing home-school education market that encompasses more than 1.5 million students in the U.S. And for most home-school parents, a Bible-based version of the Earth's creation is exactly what they want. Federal statistics from 2007 show 83 percent of home-schooling parents want to give their children "religious or moral instruction." "The majority of home-schoolers self-identify as evangelical Christians," said Ian Slatter, a spokesman for the Home School Legal Defense Association. "Most home-schoolers will definitely have a sort of creationist component to their home-school program." Those who don't, however, often feel isolated and frustrated from trying to find a textbook that fits their beliefs. Two of the best-selling biology textbooks stack the deck against evolution, said some science educators who reviewed sections of the books at the request of The Associated Press. "I feel fairly strongly about this. These books are promulgating lies to kids," said Jerry Coyne, an ecology and evolution professor at the University of Chicago. The textbook publishers defend their books as well-rounded lessons on evolution and its shortcomings. One of the books doesn't attempt to mask disdain for Darwin and evolutionary science. "Those who do not believe that the Bible is the inspired, inerrant Word of God will find many points in this book puzzling," says the introduction to "Biology: Third Edition" from Bob Jones University Press. "This book was not written for them." The textbook delivers a religious ultimatum to young readers and parents, warning in its "History of Life" chapter that a "Christian worldview ... is the only correct view of reality; anyone who rejects it will not only fail to reach heaven but also fail to see the world as it truly is."
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    Home-school mom Susan Mule wishes she hadn't taken a friend's advice and tried a textbook from a popular Christian publisher for her 10-year-old's biology lessons. Mule's precocious daughter Elizabeth excels at science and has been studying tarantulas since she was 5. But she watched Elizabeth's excitement turn to confusion when they reached the evolution section of the book from Apologia Educational Ministries, which disputed Charles Darwin's theory. "I thought she was going to have a coronary," Mule said of her daughter, who is now 16 and taking college courses in Houston. "She's like, 'This is not true!'"
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    Home Fooling.
Skeptical Debunker

In Past Decade, American Funds Created Most Wealth - Yahoo! News - 0 views

  • Morningstar determined that Janus and Putnam were the two largest "wealth destroyers" during the decade, losing $58 billion and $46 billion, respectively. "Janus and Putnam rode the growth wave more than anyone else," Kinnel says. "They had some very aggressive funds that put up big numbers that got huge inflows." After the tech bubble burst, the funds that were most heavily invested in these types of holdings experienced huge sell-offs, which made it difficult for these funds to attract inflows through the remainder of the decade. According to Morningstar, American Funds created about $191 million in wealth for investors during the decade, followed by Vanguard and Fidelity. Since American Funds generally employs a more value-oriented strategy, the firm was largely able to avert the first bear market of the decade. "The 2000 to 2002 bear market was all growth and tech, and American barely touched that, whereas they had lots of value, dividend payers, and bonds, which did very well," Kinnel says. Recently, the tables have turned for American. In 2009, it lost the most of any fund family (more than $25 billion). No fund family, including American, was able to avoid the bear market of 2008. The same strategy that allowed American to bypass most of the first bear market failed because many well-known dividend-paying companies, like big financial firms, experienced huge losses.
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    In a decade with two bear markets and lackluster returns for many investors, American Funds created the most wealth for investors, while Janus destroyed the most wealth, according to a survey released by Morningstar. For the survey, Morningstar looked at the 50 largest mutual fund families and their total net assets at the end of 1999. Then the fund tracker subtracted each fund company's total cash flows over the decade and deducted their total net assets at the end of 2009. Numbers were calculated in dollar terms so that any funds that were liquidated during the decade would also be included.
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    Get this! Mutual funds, where most American's have their 401Ks, IRAs, and retirement savings, performed pitifully in the "great economy" of the 2000's (brought to you by Republican deregulationists starting with Ronald Reagan). The "best" made $191 million (but lost $25 billion in 2009!), the worst lost around $50 billion! What a great way to transfer all that hard earned savings, mostly by the "little guy", from them to the Wall Street gamblers. Another socialistic Republican "redistribution of wealth" of the corporate criminal rich, by the corporate criminal rich, and for the corporate criminal rich.
thinkahol *

Impeach President Obama - Associated Content from Yahoo! - associatedcontent.com - 0 views

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    Why Impeachment? The Constitution, Article II, Section 4: The President, Vice President and all civil Officers of the United States, shall be removed from Office on Impeachment for, and Conviction of, Treason, Bribery, or other high Crimes and Misdemeanors. It has become clear that the federal government has lost legitimacy. Mass scale impeachments (and/or Egypt style calls for resignation via mass strikes) should be pushed for immediately. Let's detail why the first to go should be the president of the United States.
thinkahol *

Multipolar World Means More Freedom - Associated Content from Yahoo! - associatedconten... - 0 views

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    PART 2 of Threats to Freedom Series: Mechanization Makes it Logical for World's Oligarchs to Compete in Providing Industrial Output and Welfare
thinkahol *

21st Century Global Development Outline - Associated Content from Yahoo! - associatedco... - 0 views

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    Avoiding a World War Between Haves and Have Nots Via Focus on Transnational Infrastructure, Technocratic Management, and Post-scarcity (via Expanded Bill of Rights)
thinkahol *

Libertarian Movement is Collapsing - Associated Content from Yahoo! - associatedcontent... - 0 views

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    Much like a very virulent flesh eating bacteria, this rich man's propaganda wont infect the majority of American intelligentsia. That is due to original adherents rapidly overcoming the severe cognitive infection via additional education.
thinkahol *

Economic Expansion and Proper Redistribution of Wealth - Associated Content from Yahoo!... - 0 views

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    The forest was in chaos. Parts of it were burning and the food was scarce. Remembering how wonderful the forest used to be, various animal groups sent ambassadors to a very ancient owl. The wise owl remembered historical cycles and hopefully had clues on how to reset the forest so it could be productive again. They gathered by the gargantuan oak tree where the owl lived.
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