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The Ravine / Joseph Dunphy

Democracy Now! | Chicago's Abu Ghraib: UN Committee Against Torture Hears Report on How Police Tortured Over 135 African-American Men Inside Chicago Jails - 0 views

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    Another post about the Burges case in Chicago.
The Ravine / Joseph Dunphy

American Thinker Blog: No Science, Please � We're British - 0 views

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    Please, somebody, tell me that this isn't true ...
Bakari Chavanu

bonuses-put-goldman-in-public-relations-bind: Personal Finance News from Yahoo! Finance - 0 views

  • But these days that old dictum is being truncated to just “greedy” by some Goldman critics. While many ordinary Americans are still waiting for an economic recovery, Goldman and its employees are enjoying one of the richest periods in the bank’s 140-year history.
  • For Goldman employees, it is almost as if the financial crisis never happened. Only months after paying back billions of taxpayer dollars, Goldman Sachs is on pace to pay annual bonuses that will rival the record payouts that it made in 2007, at the height of the bubble. In the last nine months, the bank set aside about $16.7 billion for compensation — on track to pay each of its 31,700 employees close to $700,000 this year. Top producers are expecting multimillion-dollar paydays.
  • But its strong financial showing — a profit of $3.19 billion in the third quarter — was overshadowed by Goldman’s swelling bonus pool. Goldman set aside nearly half of its revenue to reward its employees, a common practice on Wall Street, even in this post-bailout era.
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  • Even in 2008, the most tumultuous year in modern Wall Street history, Goldman employees reaped rewards that most people can only dream about. Goldman paid out $4.82 billion in bonuses last year, awarding 953 employees at least $1 million each and 78 executives $5 million or more. The rewards for 2009 will be far greater.
  • “We are very focused on what is going on in the world,” Mr. Viniar replied to a barrage of questions about whether the bank should pay outsize bonuses in these hard economic times. “We are focused on the economic climate. We are focused on what is going on with other people.”
Shon S

The Tea Parties are a joke - 1 views

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    Do you think the Tea Parties were effective?
Bakari Chavanu

"What Did We Actually Do Right?" On the Unexpected Success and Spread of Occupy Wall Street | | AlterNet - 0 views

  • For those who desire to create a society based on the principle of human freedom, direct action is simply the defiant insistence on acting as if one is already free.
    • Bakari Chavanu
       
      Seems like some people in the movement turn activism itself into a goal, rather than focusing real change. That's why politicians typically end up getting things done, because they focus on solutions, though those solutions don't always help most people.
  • Actually, the development of consensus process, which is probably the movement’s greatest accomplishment, emerges just as much from the tradition of radical feminism, and draws on spiritual traditions from Native American to Quakerism. This is where the whole exotic language of the movement comes from: facilitation, “the people’s microphone,” spokescouncils, blocks; though in the case of Occupy Wall Street, augmented and transformed by the experience of General Assembly movements across the Mediterranean.
  • But the experience of actually watching a group of a thousand, or two thousand, people making collective decisions without a leadership structure, let alone that of thousands of people in the streets linking arms to holding their ground against a phalanx of armored riot cops, motivated only by principle and solidarity, can change one’s most fundamental assumptions about what politics, or for that matter, human life, could actually be like.
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  • The anti-war movements after 2003 mobilized hundreds of thousands, but they fell back on the old fashioned vertical politics of top-down coalitions, charismatic leaders, and marching around with signs.
Bakari Chavanu

The Greatest Threat to Global Food Security: Capitalism - 0 views

  • Certainly one of our most fundamental of human needs is our ability to grow and procure adequate nutrition.
  • Giant multinational corporate entities like Cargill, Nestle, Monsanto, ConAgra and Archer Daniels Midland
  • US Agribusiness spent $137 million on lobbying efforts to promote corporate interests through the purchase of favorable legislation
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  • In fact, 95 percent of US soy, and 86 percent of US corn is genetically modified[iii].
  • Food Stamps for over 46 million Americans suffering in poverty 
  • Despite record farm profits (2012 saw the highest profits since 1973), the recent passage of the $1 trillion Farm Bill expands pay-outs to millionaire farming entities
  • Cargill, one of the largest food producers in the world and the world's largest privately-held corporation, boasted nearly $134 billion in sales last year alone[vii], more than the GDPs of Ecuador, Honduras, Laos and Serbia combined.
  • As of 2011, the United States Federal Drug Administration, tasked with ensuring the safety of America's food supply, inspected only 6 percent of domestic food producers and 0.4 percent of imports[viii]
  • According to the CDC, foodborn pathogens sicken 48 million people in the U.S. each year, resulting in 128,000 hospitalizations and 3,000 deaths annually.
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