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thinkahol *

Over 56 Million Americans Live in Poverty - How Census Bureau Propaganda Ignores the Su... - 0 views

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    Here we go again. The government and corporate media are pumping out more propaganda on vital economic statistics to mask the severity of our economic crisis. Deceptive unemployment, GDP, inflation and poverty measures are easily exposed with some research and a closer look at the data. The latest deception comes from the Census Bureau in their annual poverty report, which is now uncritically being "reported" on throughout the corporate media and echoing throughout online news outlets as well. The new Census data reveals that a stunning 46.2 million Americans, 15.1% of the population, lived in poverty in 2010. This is an increase of 2.6 million people since 2009. While these are staggering statistics that represent the highest number of American people to ever live in poverty, and a dramatic year-over-year increase, it significantly undercounts the total. The Census Bureau poverty rate is a highly flawed measurement that uses outdated methodology. The Census measures poverty based on costs of living metrics established in 1955 - 56 years ago. They ignore many key factors, such as the increased costs of medical care, child care, education, transportation, and many other basic expenses. They also don't factor geographically-based costs of living. For example, try finding a place to live in New York that costs the same as a place in Florida. A much more accurate measurement of poverty, which factors in these vital cost of living variables, comes from the National Academy of Sciences (NAS). Unlike the Census poverty measure, which gets significant coverage throughout the corporate media, the NAS measurement gets little, if any, mainstream media coverage.
thinkahol *

FOCUS: True Cost of US Wars Unknown - 0 views

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    When congressional cost-cutters meet later this year to decide on trimming the federal budget, the wars in Afghanistan and Iraq could represent juicy targets. But how much do the wars actually cost the US taxpayer? Nobody really knows.
thinkahol *

REPORT: Debt Ceiling Deal Will Cost 1.8 Million Jobs In 2012 | ThinkProgress - 0 views

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    The Economic Policy Institute, a top nonpartisan think tank, estimates that the deal struck this weekend to raise the nation's debt limit will end up costing the economy 1.8 million jobs by 2012.
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 *

The price of environmental destruction? There is none | Andrew Simms | Environment | Th... - 0 views

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    A new UN report estimates that accounting for the environmental damage of the world's 3,000 biggest companies would wipe out one-third of their profits. Any precise figure, however, is a matter of how risk is quantified and of where you draw the line. In 2006, for example, the New Economics Foundation (NEF), of which I am the policy director, looked at the oil companies BP and Shell, who together had recently reported profits of £25bn. By applying the Treasury's own estimates of the social and environmental cost of carbon emissions, we calculated that the total bill for those costs would reach £46.5bn, massively outweighing profits and plunging the companies into the red.
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 *

KBR: Kickbacks, Bribes, Ripoffs & War Racketeering - 0 views

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    Why KBR continues to be awarded huge open-ended, cost-plus, no-compete contracts from the Pentagon is a question worthy of a criminal investigation, because their track record as a military contractor suggests that "KBR" is actually short for "Kickbacks, Bribes & Ripoffs".  According to the POGO Federal Contractor Misconduct Database, since 1995 the company has been involved in not less than 23 documented cases of misconduct including but not limited to Overcharging the Government, Violation of Anti-Kickback Act, Excessive Subcontract Costs, Fraud and Accepting Kickbacks, Exposing Troops to Hazardous Water Conditions, Bribery to Win International Government Contracts, Overpricing Fuel, Breach of Contract, Hurricane Relief Contract Overcharges, Sexual Assault, Freight Forwarding Kickbacks, Procurement Irregularities, and Conspiracy to Defraud the Government.  For this KBR has paid millions in fines, which it surely considers a small price to pay for the billions it continues to receive in new federal contracts every year:
Nicole Smith

Acquired Home Loans Services Cost Nothing - 1 views

That is right and you are reading it right. Their services cost nothing. N-O-T-H-I-N-G. Acquired Home Loans is remunerated by the lenders that they are affiliated with and are not paid a cent by th...

home loan adelaide

started by Nicole Smith on 02 Nov 11 no follow-up yet
thinkahol *

"Captured Europe" by Simon Johnson | Project Syndicate - 0 views

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    The Greek default has turned out to be the proverbial dog that didn't bark. The lesson for Europe - and for the US - is clear: it is time to stop listening to what banks say, and start focusing on what they do. We must re-evaluate the distorted political economy of the financial sector, before the excessive power of the few imposes even larger costs on everyone else.
thinkahol *

Left Right - The Chemical Brothers & Anwar SuperStar - YouTube - 0 views

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    The issues and concepts presented in this video with respect to imagery are not affiliated with The Chemical Brothers or with Anwar SuperStar. Rather, they are my own interpretation of the lyrics. Although some may disagree, I believe the central message of this song is calling for the global unification of people (regardless of race, ethnicity or nationality) to stand up against the corruptions of various governments and political systems on both national and international levels. I am sure, that some will definitely be of the opinion that this video is a gross misinterpretation the artist's intent. Others may think that I have characterized this video as a dedication to 'conspiracy theories' related to the new world order. However, regardless of whether people agree or disagree, the idea of the new world order has definitely become a globally recognised concept- to an extent where it can no longer be regarded as simply a 'theory'. It may be of interest to know that the UN has previously hinted on what may appear to be ' the united states of the world'; "The turn of the century is a unique and symbolically compelling moment for the 189 Member States of the United Nations to articulate and affirm an animating vision for the Organization in the new era." There is a need for Americans and British citizens in particular, to realise that they have been forced into paying for wars- one of which has been argued to be illegal. The leaders of these countries went as far as saying that it was our 'duty' to support the war. The corporate media definitely supported this idea and they were very successful in painting a picture of how 'dangerous' countries like Iraq and Afghanistan are to our freedoms. Yet if this were true, how come it only took a matter of weeks to almost cleanse the country of any Iraqi political influence by over-throwing the government? The answer is because the war in Iraq was never about Saddam Husein. It was to do with oil, amongst other things which ben
thinkahol *

Open proposal to US higher education: end oligarchy economics, save trillions with educ... - 0 views

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    Economics: I'm going to discuss trillions of dollars in a moment. As an economics teacher, I understand numbers this large are extremely difficult to imagine. If you are among the majority with this difficulty, I recommend that you follow the expert testimony that paints the picture, and know that success in this area of public education transformation that unleashes trillions of our dollars for human creative capacity in unimaginable power is sufficient to end the current economic crisis. This is the longest section of my briefing. If you tire in reading, please consider that at trillions of dollars of annual public benefits, you literally have nothing more valuable to do than understand the following facts and ideas. Harvard's Linda Bilmes co-authored a paper with Nobel Prize winner Joseph Stiglitz estimating the long-term costs of current US wars at now $3 to $5 trillion ($30-$50,000 per US household of $50,000/year income), with total debt increase since 2001 of over $10 trillion. Remember, as demonstrated by the evidence disclosed by our own government, all the reasons Americans were told to go to war were known to be lies as they were told and applicable law proves these wars Orwellian unlawful. Just down the Charles River from Harvard, MIT's Simon Johnson (and former Chief Economist of the International Monetary Fund) describes our economy being lead by gambling oligarchs who have captured government as in banana republics (his words), and might plunge the US into an economy worse than the Great Depression. From his article under the telling title, The Quiet Coup: "Elite business interests-financiers, in the case of the U.S.-played a central role in creating the crisis, making ever-larger gambles, with the implicit backing of the government, until the inevitable collapse. More alarming, they are now using their influence to prevent precisely the sorts of reforms that are needed, and fast, to pull the economy out of its nosedive. The govern
thinkahol *

New solar energy conversion process could double solar efficiency of solar cells - 0 views

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    A new process that simultaneously combines the light and heat of solar radiation to generate electricity could offer more than double the efficiency of existing solar cell technology, say the engineers who discovered it and proved that it works. The process, called 'photon enhanced thermionic emission," or PETE, could reduce the costs of solar energy production enough for it to compete with oil as an energy source.
thinkahol *

Christianity, not Islam, threatens American freedom » The Antichristian Pheno... - 0 views

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    "The danger of Christianity in America is twofold. First, it is a negative influence on decisions which affect the entire country and, two, Christian nationalism threatens to turn the country into more of a theocracy than it already is, at the cost of non-Christians in America and around the world. Islam only poses a true threat to freedom in the countries where it has legal clout-for the same reasons Christianity is dangerous in Christian countries. Outside of Islamic governments, Islam poses little threat to the rights of Americans and others. That sounds rather insane to say, but consider that Islam's only threat to America lies in its few radical extremists' ability to cause fear by taking lives. Yet the actual number of lives they take is small compared to even the seasonal flu."
thinkahol *

t r u t h o u t | Our Acute Case of Fiscal Madness - 0 views

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    In a flurry of blind panic and irrational exuberance, organizations from the European Central Bank to the Organization for Economic Cooperation and Development suddenly abandoned everything we had learned, at a bitter cost, about economics during recessions and decided that fiscal austerity was the way to go while the world was in the depths of a slump - indeed, many claimed that spending cuts would actually be expansionary.
thinkahol *

Jim Hansen's Conservative Climate Plan - 0 views

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    Hansen's proposal makes use of market principles, by prodding the market to tell the truth about the costs of carbon-based energy through prices.
thinkahol *

Elections and ideology: Liberals, planning and trains | The Economist - 0 views

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    Fundamentally, without major government commitments to high-speed rail, America simply will not have a high-speed passenger rail network. This should probably be discomfiting, since every other economic superpower (the EU, Japan and China) does have a high-speed rail network. That makes America look a bit backward. The time horizon for building such a network is several decades, and it's interesting to think about what will happen in the middle decades of this century if air transport becomes unaffordable due to high fuel costs and America doesn't have an electric alternative for high-speed intercity transit.
thinkahol *

HHS Report Is a Wake-Up Call to Fix National Patient Safety Crisis - 0 views

  • That means that the annual death toll in this country caused by mistakes in hospitals is well over 250,000 deaths a year!
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    The IOM's 1999 landmark report, "To Err is Human," dropped the first bombshell, reporting that between 44,000 and 98,000 Americans die in hospitals each year from medical mistakes, costing an estimated $17 billion to $29 billion annually. HHS' new finding that medical mistakes kill 15,000 Medicare patients a month equates to 180,000 Medicare deaths per year - more than the IOM's estimate, which attempted to cover all patients in the United States. That means that the annual death toll in this country caused by mistakes in hospitals is well over 250,000 deaths a year! But perhaps the most startling finding by HHS is that a significant number of patients suffered injuries or died needlessly, as 44 percent of the medical errors were preventable.
thinkahol *

Peak Oil and a Changing Climate | The Nation - 0 views

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    Peak Oil is the point at which petroleum production reaches its greatest rate just before going into perpetual decline. In "Peak Oil and a Changing Climate," a new video series from The Nation and On The Earth productions, radio host Thom Hartmann explains that the world will reach peak oil within the next year if it hasn't already. As a nation, the United States reached peak oil in 1974, after which it became a net oil importer. Bill McKibben, Noam Chomsky, Nicole Foss, Richard Heinberg and the other scientists, researchers and writers interviewed throughout "Peak Oil and a Changing Climate" describe the diminishing returns our world can expect as it deals with the consequences of peak oil even as it continues to pretend it doesn't exist. These experts predict substantially increased transportation costs, decreased industrial production, unemployment, hunger and social chaos as the supplies of the  fuels on which we rely dwindle and eventually disappear. Chomsky urges us to anticipate the official response to peak oil based on how corporations, news organizations and other institutions have responded to global warming: obfuscation, spin and denial. James Howard Kunstler says that we cannot survive peak oil unless we "come up with a consensus about reality that is consistent with the way things really are." This documentary series hopes to help build that consensus. Click here to watch the introductory video, and check back here for new videos each Wednesday.
thinkahol *

Why Isn't Wall Street in Jail? - 0 views

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    Which is not to say that the Obama era has meant an end to law enforcement. On the contrary: In the past few years, the administration has allocated massive amounts of federal resources to catching wrongdoers - of a certain type. Last year, the government deported 393,000 people, at a cost of $5 billion. Since 2007, felony immigration prosecutions along the Mexican border have surged 77 percent; nonfelony prosecutions by 259 percent. In Ohio last month, a single mother was caught lying about where she lived to put her kids into a better school district; the judge in the case tried to sentence her to 10 days in jail for fraud, declaring that letting her go free would "demean the seriousness" of the offenses. So there you have it. Illegal immigrants: 393,000. Lying moms: one. Bankers: zero. The math makes sense only because the politics are so obvious. You want to win elections, you bang on the jailable class. You build prisons and fill them with people for selling dime bags and stealing CD players. But for stealing a billion dollars? For fraud that puts a million people into foreclosure? Pass. It's not a crime. Prison is too harsh. Get them to say they're sorry, and move on. Oh, wait - let's not even make them say they're sorry. That's too mean; let's just give them a piece of paper with a government stamp on it, officially clearing them of the need to apologize, and make them pay a fine instead. But don't make them pay it out of their own pockets, and don't ask them to give back the money they stole. In fact, let them profit from their collective crimes, to the tune of a record $135 billion in pay and benefits last year. What's next? Taxpayer-funded massages for every Wall Street executive guilty of fraud?
thinkahol *

A Call to Action | US Uncut - 0 views

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    The "progressive tea party" has been born. Inspired by the UK Uncut movement, the popular revolutions sweeping through North Africa, and articles in the Nation and Washington Post, activists in Mississippi, Chicago, New York, California, Maine, Oklahoma, North Carolina, Washington DC and elsewhere have started US Uncut to mobilize against corporate tax cheats who are costing America billions of dollars each year and forcing the government to propose deep cuts to vital services and pay freezes for hardworking families.
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