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What CAFRs reveal is a communist-style policy whereby the US taxpayers surrender enormous assets to the state, who then "invest" these collective trillions that swell in these accounts. Concurrently, taxpayers are informed of budget deficits to either squeeze more taxes from them and/or cut public services. To add insult to injury, the state lies in omission by never reminding Americans of their hard-earned and withheld trillions as they eliminate jobs, reduce education, and attack the quality of our lives.

The Money Party is a small group of enterprises and individuals who have most of the money in this country. They use that money to make more money. Controlling who gets elected to public office is the key to more money for them and less for us. As 2008 approaches, The Money Party is working hard to maintain its perfect record. It is not about Republicans versus Democrats. Right now, the Republicans do a better job taking money than the Democrats. But The Money Party is an equal opportunity employer. They have no permanent friends or enemies, just permanent interests. Democrats are as welcome as Republicans to this party. It's all good when you're on the take and the take is legal. This is not a conspiracy theory. There are no secret societies or sinister operators. This party is up front and in your face. Just follow the money. One percent of Americans hold 33% of the nation's wealth. The top 10% hold 72% of the total wealth. The bottom 40% of Americans control only 0.3% (three tenths of one percent). And that was before "pay day loans."

Ah what a wonderful world we live in - a world where giant agricultural producers regularly feed arsenic to chickens. This, mind you, isn't how they kill the chicken. No, it's how they make them grow bigger, faster, cheaper. Administered in small amounts, arsenic is one of many compounds found in various drugs routinely administered to chickens in their feed. These same giant agricultural producers have maintained for years that the arsenic never makes its way into the actual chicken meat sold at the supermarket. It all gets pooped out! Or so they say. Yet if that's the case, then why did the FDA recently admit that arsenic does, in fact, show up in supermarket chickens?

magine you helped prepare a great feast with 99 other people - one of them is morbidly obese, the rest are frail and anorexic. Now imagine the morbidly obese man lining up first, piling almost all the food onto his own plate, and leaving nothing but scraps for you and the rest of the dinner party. If he said you should eat less, would that justify his greed?

When President Obama took office, federal employees who had exposed wrongdoing or were considering doing so had reason for hope. Eight years of the Bush administration's relentless retaliation against whistle-blowers had ended, and Obama spoke encouragingly of transparency and due process. Since then, the administration has taken some positive steps for whistle-blowers, most notably in (unsuccessfully) advocating legislation to protect them and in loosening the government's grip on public information. However, its treatment of national-security and intelligence whistle-blowers - arguably the ones we need most - has been brutal. It has pursued multiple prosecutions of such whistle-blowers on espionage charges.

I don't know the intentions of each of the people taking part in the riots today. I don't know for sure what the intentions of any of them are. But I do know this: every act is a political act. Whether it is intended to make a point about the government's macro-economic policy or intended to allow a pair of trainers to be stolen, the smashing of a window is a clear demonstration of a refusal to buy into society as it stands. However an arsonist explains their flames, whether they burn a building for fun, or with the intention of bringing about revolution, they are saying this: "The world I find myself in is not one in which I have a stake. It is not one I was allowed to help build. It is one which I am happy to burn".

Pop quiz: where did a government agency shut down cell service yesterday to disrupt a political protest? Syria? London? Nope. San Francisco. The answer may seem surprising, but that's exactly what happened yesterday evening. The Bay Area Rapid Transit (BART) asked wireless providers to halt service in four stations in San Francisco to prevent protestors from communicating with each other. The action came after BART notified riders that there might be demonstrations in the city. All over the world people are using mobile devices to organize protests against repressive regimes, and we rightly criticize governments that respond by shutting down cell service, calling their actions anti-democratic and a violation of the rights to free expression and assembly. Are we really willing to tolerate the same silencing of protest here in the United States? BART's actions were glaringly small-minded as technology and the ability to be connected have many uses. Imagine if someone had a heart attack on the train when the phones were blocked and no one could call 911. And where do we draw the line? These protestors were using public transportation to get to the demonstration - should the government be able to shut that down too? Shutting down access to mobile phones is the wrong response to political protests, whether it's halfway around the world or right here at home. The First Amendment protects everybody's right to free expression, and when the government responds to people protesting against it by silencing them, it's dangerous to democracy.

AS Election Day approaches, serious discussion about economic policies is hamstrung by the devotion of both parties to reducing taxes. The big reason, of course, is that President Bush emphasizes tax cuts, including elimination of the estate tax, to the exclusion of almost everything else. The Democrats, in turn, hesitate to propose an economic plan that does not include long-term reductions for middle-income workers, and most refuse to talk about rescinding the Bush tax cuts for the wealthy. But the degree of misleading information emanating from both Washington and the media about how taxes affect the economy is disturbing. As I listen to the radio, watch TV news and read a variety of newspapers, it seems that quite a few Americans, including economics writers and media hosts, think that low-tax countries unquestionably grow faster than high-tax economies. Right and left, they seem to attribute more rapid growth in America to lower taxes. What may surprise them is that there is no evidence for that. ''You can make a theoretical case that high taxes impede economic growth, but it is just not supported by the evidence in the U.S. or across countries,'' said William Easterly, a former World Bank economist soon to join the faculty of New York University.

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.

Trickledown was a lovely theory . The fact it didn't work was never a deterrent to our politicians who have allowed themselves to be guided by it for decades. To be fair, its failure was always disguised behind a huge bubble of debt (both public and private) which is now deflating to reveal the tangled mess of inequality , social dysfunction and economic stagnation hidden behind. With vast sums of money being sucked relentlessly upwards it is not surprising that we have a squeezed middle and that others talk of growth without gain for large sections of the population. It also appears that the winners in our economic casino are now shirking the one responsibility that trickledown demanded of them - to invest. Some even talk of a strike by Europe's investor class . Meanwhile conspicuous consumption continues unabated so we at least have some clues as to where the money is going.

Seems like only yesterday conservative nabobs of negativity predicted America's ballooning budget deficit would generate soaring inflation and crippling costs of additional federal borrowing.  Remember Standard & Poor's downgrade of the United States? Recall the intense worry about investors' confidence in government bonds - America's IOUs?  Hmmm. Last week ten-year yields on U.S. Treasuries closed at 1.83 percent. In other words, they were wrong. In fact, it's cheaper than ever for the United States to borrow. That's because global investors desperately want the safety of dollars. Almost everywhere else on the globe is riskier. Europe is in a debt crisis, many developing nations are gripped by fears the contagion will spread to them, Japan remains in critical condition, China's growth is slowing.  Put this together with two other facts: Unemployment in America remains sky-high. 14 million Americans are out of work and 25 million are looking for full-time jobs. The nation's infrastructure is crumbling. Our roads, bridges, water and sewer systems, subways, gas pipelines, ports, airports, and school buildings are desperately in need of repair. Deferred maintenance is taking a huge toll. Now connect the dots. Anyone with half a brain will see this is the ideal time to borrow money from the rest of the world to put Americans to work rebuilding the nation's infrastructure.  Problem is, too many in Washington have less than half a brain. 

angella on September 27th, 2011 at 1:08 pm # Online Protest Your Voice Will Be Heard Right to political protest The right to political protest is protected by the Constitution. Section 17 of the Bill of Rights provides for rights to conduct peaceful and unarmed activities such as assembly, demonstrations, pickets and petitions. Political protest also involves imparting related information, and this right is guaranteed by the section regarding freedom of expression (Section 16 of the Bill of Rights). Although the right to political protest is protected by the Constitution, this right may be limited by principle. Activists must remember that none of the fundamental rights and freedoms guaranteed by the Bill of Rights are absolute. The Constitution gives government the power to limit these rights. Section 36 of the Bill, however, says the limitation of fundamental rights or freedoms must be reasonable and justifiable in an open and democratic society based on human dignity, equality and freedom. The Following Abstracts from the Bill of Rights Might Apply To Any On-Line Protest Section 15: Freedom of religion, belief and opinion Everyone has the right to believe or think what they want, even if their opinion is different to the government. Everyone has the right to practise the religion they choose. Government institutions, like schools, can follow religious practices (like having prayers in the morning) but this must be done fairly and people cannot be forced to attend them. A person can also get married under the laws of their religion. But these cannot go against the Bill of Rights. For example, a woman who marries according to customary law does not lose her rights of equality when she gets married. Section 16: Freedom of speech and expression Everyone has the right to say what they want, including the press and other media. Limiting this right There are certain kinds of speech that are not protected. These are: propaganda for war inciting (encouraging) people to u

Congress, a number of states, and even some cities will raise or consider raising minimum wages this year. Meanwhile, the economy is suffering what may prove to be the fourth consecutive year of a geographically widespread labor market slump, with most states facing uncertain economic situations. In this environment, the minimum wage becomes more important than ever, as a weaker labor market is unlikely to provide low-wage workers the bargaining power required to negotiate fair wages for their labor. Despite the necessity of a minimum wage that allows low-wage workers to meet basic needs, there is still strong opposition to minimum wage increases, especially from those who don't view the weak labor market as an imperative to raise minimum wages, but rather as a reason to oppose them. In particular, opponents of state-level minimum wage increases claim that these increases are the cause of weak labor markets, especially in the form of high unemployment rates. That argument, however, rests on the simplistic observation that some of the states with high minimum wages also have high unemployment rates. Without more examination, this observation is as useful in understanding state job markets as noting that joblessness has been on the rise in New York since the last time the Yankees won the World Series. It might be true, but it doesn't mean one is causing the other.

In a disturbing scene from today's "Occupy Wall Street" protests, a group of peaceful female protesters were rounded up in an orange-colored mesh pen by police and subsequently sprayed with mace without any provocation. In spite of multiple reported incidents of possible police violence, major media outlets seem to be content to let the protests go by completely unreported, following the same "who-cares" attitude they have taken toward recent revelations that the NYPD has violated the Constitutional rights of American citizens by spying on them as possible terrorists and enemies of the state despite a complete absence of evidence of any crimes.

ABOUT THIS PROJECT For years, the Yes Men have been tinkering with side-splitting mischief as a way to fight injustice. Our latest film about those efforts, The Yes Men Fix the World, won lots of awards and was released all over the planet... but it simply did not fix the world.  So a year ago, we decided that showing what we do wasn't enough: we needed to help people to actually do it themselves. We called our idea The Yes Lab for Creative Activism. It's a factory for meaningful mischief, and a system for helping organizations and individuals carry out Yes Men-style actions on their own, to get media attention for important issues. But the Yes Lab is more than that: it also aims to help YOU take action on issues of social importance. Today, after a year of testing and nearly a dozen successes, we're proud to announce that the Yes Lab is ready for prime time! It's got a set of cool tools in development, that will soon help YOU get involved in new Yes Lab projects, and even to launch them. And it's got a new home at NYU, with space, lots of eager participants, and an ambitious new structure that will soon be cranking out many new projects. The trouble is that in spite of all that, we still have zero budget for the first round of projects themselves! And that's why you're reading this now. We're asking for $10,000, to make the all-new Yes Lab the lean, mean, change-making machine it can be. Any amount raised over $10,000 will bankroll projects beyond the first round.

One of our most innovative, popular thinkers takes on-in exhilarating style-one of our key questions: Where do good ideas come from? With Where Good Ideas Come From, Steven Johnson pairs the insight of his bestselling Everything Bad Is Good for You and the dazzling erudition of The Ghost Map and The Invention of Air to address an urgent and universal question: What sparks the flash of brilliance? How does groundbreaking innovation happen? Answering in his infectious, culturally omnivorous style, using his fluency in fields from neurobiology to popular culture, Johnson provides the complete, exciting, and encouraging story of how we generate the ideas that push our careers, our lives, our society, and our culture forward. Beginning with Charles Darwin's first encounter with the teeming ecosystem of the coral reef and drawing connections to the intellectual hyperproductivity of modern megacities and to the instant success of YouTube, Johnson shows us that the question we need to ask is, What kind of environment fosters the development of good ideas? His answers are never less than revelatory, convincing, and inspiring as Johnson identifies the seven key principles to the genesis of such ideas, and traces them across time and disciplines. Most exhilarating is Johnson's conclusion that with today's tools and environment, radical innovation is extraordinarily accessible to those who know how to cultivate it. Where Good Ideas Come From is essential reading for anyone who wants to know how to come up with tomorrow's great ideas.

The point of all of this is, if you add up all of the MBS-related liability out there, the banks as it stands are facing an Armageddon of claims from all sides. It can't possibly be less than a trillion dollars, and it's probably much, much more. But the Obama administration's current plan is to let them all walk after paying a few shekels apiece into a $20 billion kitty.

An eye opening article from the Huffington Post on the origins of Somali pirates, and why the world has suddenly turned against them.

Changes in behavior following changes in policy instituted on the advice of American environmentalists. The short form would seem to be that the large, powerful animals, accustomed to being fed by humans, came seeking food from them when the gifts ceased, and weren't shy about taking what they weren't given, including the lives and flesh of a few of the local residents.

Watch what's left of a once distinguished architectural legacy be destroyed because our city is run by idiots. Consider this quote: ""Beauty is in the eye of the beholder," Alderman Matlak said. "A lot of people don't want 19th-century buildings.I grew up in a frame house. My bedroom was 8 by 8. People don't want that now." Then - here's a wild idea. Maybe they might try moving into one of the neighborhoods that isn't historic? Which, in Chicago, is almost all of them, now? Speaking as somebody who lives in Chicago, I can report that the difference of opinion between the developers and the preservationists on this is not an honest one; the rate of demolition has not been exaggerated one bit.