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Walker's Budget Plan is a Three-Part Roadmap for Conservative State Governanc... - 0 views

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    Tim Fernholz wrote an excellent article in the National Journal about the "bait and switch" of Governor Walker's Wisconsin plan. Fernholz points out that the short-term deficit problem can be covered by debt restructuring, and that the big pieces of the bill that relate to dismantling public sector unions, control over Medicaid and creating a no-bid energy asset sale process are not directly budget related. There's a three-prong approach in Governor Walker's plan that highlights a blueprint for conservative governorship after the 2010 election. The first is breaking public sector unions and public sector workers generally. The second is streamlining benefits away from legislative authority, especially for health care and in fighting the Health Care Reform Act. The third is the selling of public assets to private interests under firesale and crony capitalist situations. This wasn't clear to me at first. I thought this was about a narrow disagreement over teacher's unions. Depending on what you read, you may have only seen a few of these parts, and you may have not seen them put together as a coherent whole. This will be the framework that other conservative governors, and even a few Democratic ones, will use in their state, so it is good to get a working model in place. In order to frame where it stands now, I'm going to chart this and give a set of descriptions and must-read links:
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What "Free Trade" Has Cost The World - 0 views

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    If you take a job away from someone who is paid a reasonable wage because they enjoy the protections and prosperity of democratic government, move it across a border, and give it to someone living under a thugocracy, forced to work for pennies with no protections whatsoever, it should be just plain obvious that the worker on our side of the border and the worker on the other side of the border are not going to be better off. And when you do this on a massive scale it just stands to reason that most people on both sides of the border are going to be worse off. But propaganda being what it is we were somehow convinced to try a worldwide experiment in taking good jobs from democracies and turning them into bad jobs in thugocracies. Now, of course, the experiment has run its course and we can see the results.
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America Is NOT Broke - 0 views

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    America is not broke. Contrary to what those in power would like you to believe so that you'll give up your pension, cut your wages, and settle for the life your great-grandparents had, America is not broke. Not by a long shot. The country is awash in wealth and cash. It's just that it's not in your hands. It has been transferred, in the greatest heist in history, from the workers and consumers to the banks and the portfolios of the uber-rich. Today just 400 Americans have more wealth than half of all Americans combined. Let me say that again. 400 obscenely rich people, most of whom benefited in some way from the multi-trillion dollar taxpayer "bailout" of 2008, now have more loot, stock and property than the assets of 155 million Americans combined. If you can't bring yourself to call that a financial coup d'état, then you are simply not being honest about what you know in your heart to be true.
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VICTORY! Court Says Plaintiffs Can Challenge Bush Wiretapping Law » Blog of R... - 0 views

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    In a huge victory for privacy and the rule of law, a federal appeals court today reinstated our landmark lawsuit challenging the FISA Amendments Act (FAA), a statute that gives the executive branch virtually unchecked power to collect Americans' international e-mails and telephone calls.
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YouTube - Martin Luther King - A Time to Break Silence - 0 views

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    Martin Luther King - A Time to Break SilenceStarting in 1965, King began to express doubts about the United States' role in the Vietnam War. In an April 4, 1967, appearance at the New York City Riverside Church - exactly one year before his death - King delivered Beyond Vietnam: A Time to Break Silence. In the speech he spoke strongly against the U.S.'s role in the war, insisting that the U.S. was in Vietnam "to occupy it as an American colony" and calling the U.S. government "the greatest purveyor of violence in the world today.""Now, it should be incandescently clear that no one who has any concern for the integrity and life of America today can ignore the present war. If America's soul becomes totally poisoned, part of the autopsy must read: Vietnam. It can never be saved so long as it destroys the deepest hopes of men the world over. So it is that those of us who are yet determined that America will be are led down the path of protest and dissent, working for the health of our land.""At this point I should make it clear that while I have tried in these last few minutes to give a voice to the voiceless in Vietnam and to understand the arguments of those who are called "enemy," I am as deeply concerned about our own troops there as anything else. For it occurs to me that what we are submitting them to in Vietnam is not simply the brutalizing process that goes on in any war where armies face each other and seek to destroy. We are adding cynicism to the process of death, for they must know after a short period there that none of the things we claim to be fighting for are really involved. Before long they must know that their government has sent them into a struggle among Vietnamese, and the more sophisticated surely realize that we are on the side of the wealthy, and the secure, while we create a hell for the poor." Martin Luther King, Jr. (January 15, 1929 -- April 4, 1968), was one of the main leaders of the American civil rights movement. A Baptist minister b
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Is This the Way the World Ends? | Truthout - 0 views

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    The world is not, however, out of the woods if you read Peter Nolan's superb book, "Crossroads: The End of Wild Capitalism and the Future of Humanity." Nolan's thesis is that unrestrained capitalism, its extremes and its contradictions, have put China, the United States and the world of Islam on a collision course that gives the world "the choice of no choice." Either these three models of culture and capitalism will find constructive engagement, or the world as we know it is in extreme peril - either from economic instability and social reaction, military conflict, or environmental destruction, or all of the above.
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The Good News in Wisconsin That the Media Isn't Covering | Common Dreams - 0 views

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    This week in Madison, Wis., has seen the largest protests since a "budget repair bill" virtually outlawing collective bargaining proposed by Gov. Scott Walker inspired an occupation of the state capitol building and massive street protests this past winter. Now, thousands are protesting Governor's Walker drastic cuts to the social safety net and workers' rights, contained in his 2011-2013 budgets. The budget would cut education funding by $824 million and Medicaid by $466 million. Walker is making these cuts despite giving away nearly $320 million in tax cuts to big corporations
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Credibility, Chutzpah and Debt - NYTimes.com - 0 views

  • It’s true that an aging population and rising health care costs will, under current policies, push spending up faster than tax receipts. But the United States has far higher health costs than any other advanced country, and very low taxes by international standards. If we could move even part way toward international norms on both these fronts, our budget problems would be solved.
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    These problems have very little to do with short-term or even medium-term budget arithmetic. The U.S. government is having no trouble borrowing to cover its current deficit. It's true that we're building up debt, on which we'll eventually have to pay interest. But if you actually do the math, instead of intoning big numbers in your best Dr. Evil voice, you discover that even very large deficits over the next few years will have remarkably little impact on U.S. fiscal sustainability. No, what makes America look unreliable isn't budget math, it's politics. And please, let's not have the usual declarations that both sides are at fault. Our problems are almost entirely one-sided - specifically, they're caused by the rise of an extremist right that is prepared to create repeated crises rather than give an inch on its demands.
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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
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Cancer Vaccine-Gardasil Halted-after Four Deaths - Politicol News - 0 views

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    The moratorium on giving pregnant mothers any experimental drugs and vaccines was banned by President Kennedy in the 1960′s yet, the FDA allows Gardasil to be promoted by doctors to young pregnant mothers.
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Why "business needs certainty" is destructive - Glenn Greenwald - Salon.com - 0 views

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    Businesses have had at least 25 to 30 years near complete certainty -- certainty that they will pay lower and lower taxes, that they' will face less and less regulation, that they can outsource to their hearts' content (which when it does produce savings, comes at a loss of control, increased business system rigidity, and loss of critical know how). They have also been certain that unions will be weak to powerless, that states and municipalities will give them huge subsidies to relocate, that boards of directors will put top executives on the up escalator for more and more compensation because director pay benefits from this cozy collusion, that the financial markets will always look to short term earnings no matter how dodgy the accounting, that the accounting firms will provide plenty of cover, that the SEC will never investigate anything more serious than insider trading (Enron being the exception that proved the rule). So this haranguing about certainty simply reveals how warped big commerce has become in the US. Top management of supposedly capitalist enterprises want a high degree of certainty in their own profits and pay. Rather than earn their returns the old fashioned way, by serving customers well, by innovating, by expanding into new markets, their 'certainty' amounts to being paid handsomely for doing things that carry no risk. But since risk and uncertainty are inherent to the human condition, what they instead have engaged in is a massive scheme of risk transfer, of increasing rewards to themselves to the long term detriment of their enterprises and ultimately society as a whole.
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Robert Scheer: One Betrayal Too Many - Robert Scheer's Columns - Truthdig - 0 views

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    It's getting too late to give President Barack Obama a pass on the economy. Sure, he inherited an enormous mess from George W., who whistled "Dixie" while the banking system imploded. But it's time for Democrats to admit that their guy bears considerable responsibility for not turning things around. 
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Op-Ed Contributor - Obama's Ersatz Capitalism - Joseph Stigltz - NYTimes.com - April 1,... - 0 views

  • Paying fair market values for the assets will not work. Only by overpaying for the assets will the banks be adequately recapitalized. But overpaying for the assets simply shifts the losses to the government. In other words, the Geithner plan works only if and when the taxpayer loses big time. Some Americans are afraid that the government might temporarily “nationalize” the banks, but that option would be preferable to the Geithner plan. After all, the F.D.I.C. has taken control of failing banks before, and done it well.
    • David Corking
       
      This seems to be the brunt of the complaint
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    A Nobel Prize winner says that Geithner and the Obama administration are giving a vast amount of taxpayer funds to private investors, without Congressional approval.
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Clark Howard - Commentary on Headline News TV Show on clarkhoward.com - 0 views

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    US Fidelis did business as National Auto Warranty Services and Dealer Services in Wentzville, Missouri until they made this name change at the end of 2008. They are being investigated by the Missouri Attorney Generals Office for fraud; not to mention attorney general's offices in near 20 other states. Please also go to the Better Business Bureau to find that they have an F rating on their BBB report card. These salespeople are told to get the payment up front and they mail your contract later. Thus, thousands of people are giving their credit card, savings account, checking account, or debit card information making a down payment on the coverage before they even read the contract. What they are not told is that the contract only will cover the Blue Book value of the vehicle. If repairs exceed that, their contract is DONE. Your car can be up to 15 years old and have up to 200,000 miles on it. SURE!!! If it is only worth $2500 and your engine costs $3000 to be replace, I hope you have $500 to get it out of the shop. That is...if they even agree to fix it. PLEASE, get the word out. Stop the commercials. I know what I am talking about. I used to work there. They are ripping off thousands of unsuspecting people.
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Health Care Reform Part 13--Baucus Plan = Health Insurance & Big Pharma Profit Enhancem... - 0 views

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    The Baucus Bill has now been kicked to the curb by almost everyone who's heard anything about it. And rightly so. I'm going to kick it a little more myself, and give some specifics for doing so. In general, the Baucus bill has nothing to offer anyone, other than the health insurance industry.
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Watch Off The Record - 16th September 2009 - 0 views

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    Syed Talat Hussain, Asma Chaudhary, Jahangir Badar PPP, Dr. Mubashir Luqman, Asma Arbab Alamgir PPP, Sabir Shakir and Kashmala Tariq PML-Q in fresh episode of Off The Record discussing Zardari's statement regarding deal to give safe exit to Musharraf with Kashif Abbasi.
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The price of appeasement. Remember Hitler? - 0 views

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    If we learned anything from World War II, it was that appeasing a madman is merely an opportunity for the madman to accomplish his goals. France and Britain did their level best to give Hitler what he wanted in order to avoid war. The result: Hitler ignored the treaties and the protests and did what he wanted...
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Jesus! I Give Unto Thee the Holy Bonus - 1 views

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    It takes a crapweasel with unbelievably huge balls to suggest that God thinks it's great CEOs to make more money than - well, God. John Varley, CEO of Barclays Bank, has had an epiphany.
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"Shut down" your pay first! | LeftAction - 0 views

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    For months, Speaker John Boehner and his fellow Republicans have been threatening a government shutdown.   They've been unwilling to compromise, instead choosing to follow the shrill, irrational calls of their base to take a slash and burn approach to government funding, regardless of the consequences.  They've ignored the havoc such a shutdown would wreak upon our still fragile economy, and the hardships it would cause for millions of Americans, including the poor and the elderly.  The most unbelievable thing of all?  In their version of a shutdown... Congress would still get paid.  We're not kidding.  It's taking hypocrisy to an 11. That's why we're making a simple request to Speaker Boehner: "Speaker Boehner, if you and the Republicans in Congress really are foolish enough to threaten a government shut-down, then put your money where your mouth is, pass Senate bill 388, and make your members give up their own government salary too!"
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Americans will fall for Obama's Rhetoric again when he gives his Libya Speech - 2 views

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    Commentary on how many Americans continue to fall for Obama's rhetoric after he's done wrong.
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