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thinkahol *

Lowering America's War Ceiling? | Truthout - 0 views

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    On July 25th, for instance, while John Boehner raced around the Capitol desperately pressing Republican House members for votes on a debt-ceiling bill that Harry Reid was calling dead-on-arrival in the Senate, America's new ambassador to Afghanistan, Ryan Crocker, took his oath of office in distant Kabul.  According to the New York Times, he then gave a short speech "warning" that "Western powers needed to 'proceed carefully'" and emphasized that when it came to the war, there would "be no rush for the exits." If, in Washington, people were rushing for those exits, no chance of that in Kabul almost a decade into America's second Afghan War.  There, the air strikes, night raids, assassinations, roadside bombs, and soldier and civilian deaths, we are assured, will continue to 2014 and beyond.  In a war in which every gallon of gas used by a fuel-guzzling US military costs $400 to $800 to import, time is no object and -- despite the panic in Washington over debt payments -- neither evidently is cost.
thinkahol *

GLENN GREENWALD- With Liberty and Justice for Some -Pt 1 - YouTube - 0 views

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    Part 1: The definition of "Rule of Law". Glenn Greenwald speaks about America's two-tiered justice system and why he wrote his latest book, "Liberty and Justice for Some". (Available on Amazon.com: http://amzn.to/tAANlP) Recorded at Claremont-McKenna College on 4 November 2011.
thinkahol *

"Were You Born on the Wrong Continent?": America's misguided culture of overwork - Nonf... - 0 views

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    Germany's workers have higher productivity, shorter hours and greater quality of life. How did we get it so wrong?
thinkahol *

Jeffrey Sachs: Budgetary Deceit and America's Decline - 0 views

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    I am shocked by the U.S. budget negotiations between Congress and President Obama. Every part of the budget debate in the U.S. is built on a tissue of willful deceit.
thinkahol *

'US empire designed to self-destruct, more unrest to follow' - YouTube - 0 views

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    The loss of America's AAA credit score has sparked panicked sell-offs on global markets. Ratings giants have so far confirmed France's highest status, but investors remain unconvinced its finances are solid enough. Financial journalist Demitri Kofinas says it's not just the banks, but whole countries which are now struggling to make ends meet, with more public unrest on the cards.
thinkahol *

The Day the Middle Class Died - 0 views

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    From time to time, someone under 30 will ask me, "When did this all begin, America's downward slide?" They say they've heard of a time when working people could raise a family and send the kids to college on just one parent's income (and that college in states like California and New York was almost free). That anyone who wanted a decent paying job could get one. That people only worked five days a week, eight hours a day, got the whole weekend off and had a paid vacation every summer. That many jobs were union jobs, from baggers at the grocery store to the guy painting your house, and this meant that no matter how "lowly" your job was you had guarantees of a pension, occasional raises, health insurance and someone to stick up for you if you were unfairly treated. Young people have heard of this mythical time - but it was no myth, it was real. And when they ask, "When did this all end?", I say, "It ended on this day: August 5th, 1981." Beginning on this date, 30 years ago, Big Business and the Right Wing decided to "go for it" - to see if they could actually destroy the middle class so that they could become richer themselves. And they've succeeded. On August 5, 1981, President Ronald Reagan fired every member of the air traffic controllers union (PATCO) who'd defied his order to return to work and declared their union illegal. They had been on strike for just two days.
thinkahol *

America's Tahrir Moment | Adbusters Culturejammer Headquarters - 0 views

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    On September 17, 20,000 people will swarm into lower Manhattan and occupy Wall Street. Last week Anonymous endorsed #OCCUPYWALLSTREET with a video that attracted over 60,000 views before being deleted by YouTube. The Department of Homeland Security has warned the nation's bankers to be prepared. Corporate owned media is taking notice. Today, Paul Farrell, columnist for the Dow Jones owned MarketWatch.com posted this rousing portrait of what may now unfold:
thinkahol *

The Wall Street Protests and America's Choice - James Allworth - Harvard Business Review - 0 views

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    The past few days have seen some very unusual events in New York. You might have heard that, over the weekend, a large contingent of folks started a protest on Wall Street. Using Twitter and other online tools, they started a large sit-in of the south end of Manhattan. The day before that, New York mayor Michael Bloomberg warned that frustrations over the U.S. economic and political situation could boil over into riots. The U.S. has seen its share of robust political protests in recent years, but this feels different. Something is emerging within America that has never happened before: the country has to choose between democracy and capitalism.
thinkahol *

America's Shadow Budget - 0 views

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    Why is the Federal Reserve forking over $220 million in bailout money to the wives of two Morgan Stanley bigwigs?
thinkahol *

‪Social Security Didn't Create the Deficit‬‏ - YouTube - 0 views

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    Social Security didn't create the deficit, but America's seniors are being presented with a fake Social Security crisis to try to trick them into accepting reduced benefits. Social Security will be able to pay 100% of its benefits through 2037 without any changes whatsoever. So, why the panic today? If seniors accept cuts to Social Security benefits today, a surplus cash flow will build in the Social Security trust fund. According to the Congressional Research Service, "Social Security's cash surpluses are borrowed by the U.S. Treasury and can be used for tax cuts, spending or repaying debt." Social Security benefit cuts are increasing taxes paid to Social Security or extending retirement age will give more money for tax cuts spending or repaying the debt. Except for one thing: Social Security money belongs to those who have paid into the fund, it's not the government's money to use it; it shouldn't be the government's money to play with. Senior citizens should not have to accept a reduced standard of living to finance tax cuts for the rich. We must take a stand for senior citizens and protect Social Security and protect future generations from this raid on Social Security's funds.
thinkahol *

‪Gladwell on Income Inequality: We're Off the Rails‬‏ - YouTube - 0 views

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    Complete Premium video at: http://fora.tv/conference/new_yorker_festival_2010 Best-selling author Malcolm Gladwell discusses America's dramatically changing notions of wealth and income inequality since the mid-20th century. Gladwell notes that top-earning Americans faced a 91% income tax rate during most of the 1950s. "What's amazing is that, if you even bring this up now, people don't believe you," he says. ----- This excerpt was taken from a program titled "The Magical Year 1975," featuring Malcolm Gladwell. It was recorded in collaboration with the New Yorker Festival, on October 3, 2010. Malcolm Gladwell has been a staff writer at The New Yorker since 1996. He is the author of, most recently, "What the Dog Saw: And Other Adventures," and the Times best-selling books "The Tipping Point: How Little Things Can Make a Big Difference," "Blink: The Power of Thinking Without Thinking," and "Outliers: The Story of Success."
thinkahol *

Cost of War $3.7 Trillion and Counting, 258,000 Dead - 0 views

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    When President Barack Obama cited cost as a reason to bring troops home from Afghanistan, he referred to a $1 trillion price tag for America's wars.
thinkahol *

Martin Luther King - A Time to Break Silence - YouTube - 0 views

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    Martin Luther King - A Time to Break Silence Starting 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 minist
thinkahol *

FOCUS: America's Child Death Shame - 0 views

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    Over the past 10 years, more than 20,000 American children are believed to have been killed in their own homes by family members. That is nearly four times the number of US soldiers killed in Iraq and Afghanistan. The child maltreatment death rate in the US is triple Canada's and 11 times that of Italy. Millions of children are reported as abused and neglected every year. Why is that? ... In looking at key indicators of well-being, children from Texas are twice as likely to drop out of high school as children from Vermont. They are four times more likely to be uninsured, four times more likely to be incarcerated, and nearly twice as likely to die from abuse and neglect.
thinkahol *

HOLY BAILOUT - Federal Reserve Now Backstopping $75 Trillion Of Bank Of Ameri... - 0 views

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    This story from Bloomberg just hit the wires this morning.  Bank of America is shifting derivatives in its Merrill investment banking unit to its depository arm, which has access to the Fed discount window and is protected by the FDIC. What this means for you is that when Europe finally implodes and banks fail, U.S. taxpayers will hold the bag for trillions in CDS insurance contracts sold by Bank of America and JP Morgan.  Even worse, the total exposure is unknown because Wall Street successfully lobbied during Dodd-Frank passage so that no central exchange would exist keeping track of net derivative exposure.
thinkahol *

America's Tragic Descent into Empire | | AlterNet - 0 views

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    "Engelhardt's new book, "The American Way of War," explores the U.S.'s jaw-dropping transformation into a global military empire. "
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