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Economic Expansion and Proper Redistribution of Wealth - Associated Content from Yahoo!... - 0 views

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    The forest was in chaos. Parts of it were burning and the food was scarce. Remembering how wonderful the forest used to be, various animal groups sent ambassadors to a very ancient owl. The wise owl remembered historical cycles and hopefully had clues on how to reset the forest so it could be productive again. They gathered by the gargantuan oak tree where the owl lived.
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The Best Of Times | ThinkProgress - 0 views

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    One the oddities about the current economic doldrums afflicting the developed world is that if you look at the global average, this is almost certainly the best time to be alive in human history. Not only have we seen rapid per capita GDP growth in many poor countries, but even in countries that haven't gotten richer major development progress has occurred. Last, but by no means least, the world is getting much less violent: In fact, the last decade has seen fewer war deaths than any decade in the past 100 years, based on data compiled by researchers Bethany Lacina and Nils Petter Gleditsch of the Peace Research Institute Oslo. Worldwide, deaths caused directly by war-related violence in the new century have averaged about 55,000 per year, just over half of what they were in the 1990s (100,000 a year), a third of what they were during the Cold War (180,000 a year from 1950 to 1989), and a hundredth of what they were in World War II. If you factor in the growing global population, which has nearly quadrupled in the last century, the decrease is even sharper. Far from being an age of killer anarchy, the 20 years since the Cold War ended have been an era of rapid progress toward peace. This is major good news.
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Employment and the Minimum Wage-Evidence from Recent State Labor Market Trends | Econom... - 0 views

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    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.
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Photographing the Great Depression, Then and Now - 0 views

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    Faces from the Great Crash of 1929 and its aftermath are haunting the 21st century. Wall Street brokers fleeing the trading floor in panic, or putting their cars on sale because they are suddenly broke, appear in old black-and-white photographs beside analyses of the current state of the markets composed by sombre authorities. Not only the collapse of confidence that shattered investors 82 years ago but the long years of misery that followed now seem to call out to us, to warn us, to show us a truth that is urgent and immediate. Can this really be so? Can that nightmare history be repeating itself?
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Work That Needs Doing - 0 views

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    According to the American Society of Civil Engineers, repairing our crumbling infrastructure will require an investment of $2.2 trillion over five years. (Source: ASCE Report Card for America's Infrastructure) For every $100 billion spent on infrastructure projects such as rebuilding our roads and bridges, public transportation, energy transmission and water systems, 1.8 million jobs would be created. (Source: Heintz, Robert, James Pollin, and Heidi Garrett-Peltier, "How Infrastructure Investments Support the U.S. Economy: Employment, Productivity and Growth." Amherst, MA: Political Economy Research Institute, January 2009) The current Congress hasn't passed a single job-creation bill. Instead of creating jobs, they've been killing them and slowing down the economic recovery with severe budget cuts. In fact, 1.8 million jobs will be lost as a result of the recent debt ceiling deal to cut government spending while failing to extend the payroll tax and emergency unemployment benefits. (Source: The Century Foundation/Economic Policy Institute) A huge share of the nation's economic growth over the past 30 years has gone to the top .1% of Americans, who now make an average of $27 million per household. The average income for the bottom 90% of us is only $31,244. (Source: Mother Jones http://motherjones.com/politics/2011/02/income-inequality-in-america-chart-graph) In 1945, the top tax rate for millionaires was 66.4%. The top tax rate for millionaires today is 32.4%. (Source: Mother Jones http://motherjones.com/politics/2011/02/income-inequality-in-america-chart-graph) Between 2007 and 2010, corporate profits came roaring back to record-high levels at the same time the country lost 8.2 million jobs, or 5.9% of the job base. (Source: Economic Policy Institute) Instead of investing in America and creating jobs, businesses have stockpiled nearly $1.9 trillion in cash - a record high. (Source: Federal Reserve) Corporate taxes account for only 1.3% of the gross d
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Contrary Brin: Libertarians and Conservatives must choose: Competitive Enterprise or Id... - 0 views

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    My entire critique will be from what used to be a completely conservative perspective. You'll know this by the historical figure whom I cite above all others.
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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:
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The Yes Men Present: The Yes Lab for Creative Activism by The Yes Lab - Kickstarter - 0 views

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    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.
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Robert Scheer: What Do They Want? Justice - Truthdig - 0 views

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    How can anyone possessed of the faintest sense of social justice not thrill to the Occupy Wall Street movement now spreading throughout the country? One need not be religiously doctrinaire to recognize this as a "come to Jesus moment" when the money-changers stand exposed and the victims of their avarice are at long last offered succor. Not that any of the protesters have gone so far as to overturn the tables of stockbrokers or whip them with cords in imitation of the cleansing of the temple, but the rhetoric of accountability is compelling. "I think a good deal of the bankers should be in jail," one protester told New York Times columnist Andrew Ross Sorkin. That prospect has evidently aroused concern in an industry that has largely managed to escape judicial opprobrium. 
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The Blog : Drugs and the Meaning of Life : Sam Harris - 0 views

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    Everything we do is for the purpose of altering consciousness. We form friendships so that we can feel certain emotions, like love, and avoid others, like loneliness. We eat specific foods to enjoy their fleeting presence on our tongues. We read for the pleasure of thinking another person's thoughts. Every waking moment-and even in our dreams-we struggle to direct the flow of sensation, emotion, and cognition toward states of consciousness that we value.Drugs are another means toward this end. Some are illegal; some are stigmatized; some are dangerous-though, perversely, these sets only partially intersect. There are drugs of extraordinary power and utility, like psilocybin (the active compound in "magic mushrooms") and lysergic acid diethylamide (LSD), which pose no apparent risk of addiction and are physically well-tolerated, and yet one can still be sent to prison for their use-while drugs like tobacco and alcohol, which have ruined countless lives, are enjoyed ad libitum in almost every society on earth. There are other points on this continuum-3,4-methylenedioxymethamphetamine (MDMA or "Ecstasy") has remarkable therapeutic potential, but it is also susceptible to abuse, and it appears to be neurotoxic.[1]One of the great responsibilities we have as a society is to educate ourselves, along with the next generation, about which substances are worth ingesting, and for what purpose, and which are not. The problem, however, is that we refer to all biologically active compounds by a single term-"drugs"-and this makes it nearly impossible to have an intelligent discussion about the psychological, medical, ethical, and legal issues surrounding their use. The poverty of our language has been only slightly eased by the introduction of terms like "psychedelics" to differentiate certain visionary compounds, which can produce extraordinary states of ecstasy and insight, from "narcotics" and other classic agents of stupefaction and abuse.
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Kathryn Schulz: On being wrong | Video on TED.com - 0 views

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    Most of us will do anything to avoid being wrong. But what if we're wrong about that? "Wrongologist" Kathryn Schulz makes a compelling case for not just admitting but embracing our fallibility.
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Elections Have Consequences - 0 views

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    We are at a pivotal moment in American history, and many Americans watching the deficit talks in Washington are confused, perplexed, angry and frustrated. This country, which has paid its debts from Day 1, must pay its debts. Anyone who says it is not a big deal for this country to default clearly does not understand what he or she is talking about. This is a nation whose faith and credit has been the gold standard of countries throughout the world. Some people simply say we're not going to pay our debt, that there's nothing to really worry about. Those are people who are wishing our economy harm for political reasons, and those are people whose attitudes will have terrible consequences for virtually every working family in this country in terms of higher interest rates, in terms of significant job loss, in terms of making a very unstable global economy even more unstable. Our right-wing friends in the House of Representatives have given us an option. What they have said is end Medicare as we know it and force elderly people, many of whom don't have the money, to pay substantially more for their health care. So when you're 70 under their plan and you get sick and you don't have a whole lot of income, we don't know what happens to you. They forget to tell us that if their plan was passed you're going to have to pay a heck of a lot more for the prescription drugs you're getting today. They we're going to throw millions of kids off health insurance. If your mom or dad is in a nursing home and that nursing home bill is paid significantly by Medicaid and Medicaid isn't paying anymore, they forgot to tell us what happens to your mom or dad in that nursing home. What happens? And what happens today if you are unemployed and you're not able to get unemployment extension? What happens if you are a middle-class family desperately trying to send their kids to college and you make savage cuts to Pell grants and you can't go to college? What does it mean for the nation if we
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Five myths about the debt ceiling - The Washington Post - 0 views

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    In recent months, the federal debt ceiling - last increased in February 2010 and now standing at $14.3 trillion - has become a matter of national debate and political hysteria. The ceiling must be raised by Aug. 2, Treasury says, or the government will run out of cash. Congressional Republicans counter that they won't raise the debt limit unless Democrats agree to large budget cuts with no tax increases. President Obama insists that closing tax loopholes must be part of the package. Whom and what to believe in the great debt-limit debate? Here are some misconceptions that get to the heart of the battle.
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Occupy Wall Street National Convention - 0 views

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    It's in the works. A massive Occupy Wall Street gathering with delegates from all over the country. And if these plans are carried out, Occupy Wall Street will be a major force to be reckoned with on Election Day 2012.
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A Framing Memo for Occupy Wall Street - 0 views

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    It seems to me that the OWS movement is moral in nature, that occupiers want the country to change its moral focus. It is easy to find useful policies; hundreds have been suggested. It is harder to find a moral focus and stick to it. If the movement is to frame itself, it should be on the basis of its moral focus, not a particular agenda or list of policy demands. If the moral focus of America changes, new people will be elected and the policies will follow. Without a change of moral focus, the conservative worldview that has brought us to the present disastrous and dangerous moment will continue to prevail.
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OWS's Beef: Wall Street Isn't Winning It's Cheating | Matt Taibbi | Rolling Stone - 0 views

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    When Joe Homeowner bought too much house, essentially betting that home prices would go up, and losing his bet when they dropped, he was an irresponsible putz who shouldn't whine about being put on the street. But when banks bet billions on a firm like AIG that was heavily invested in mortgages, they were making the same bet that Joe Homeowner made, leaving themselves hugely exposed to a sudden drop in home prices. But instead of being asked to "suck it in and cope" when that bet failed, the banks instead went straight to Washington for a bailout -- and got it.
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