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thinkahol *

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
thinkahol *

Debt Political Theater Diverts Attention While Americans' Wealth Is Stolen | Common Dreams - 0 views

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    The rancorous debate over the debt belies a fundamental truth of our economy -- that it is run for the few at the expense of the many, that our entire government has been turned into a machine which takes the wealth of a mass of Americans and accelerates it into the hands of the few. Let me give you some examples.
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 *

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 *

An illustrated guide to the latest climate science « Climate Progress - 0 views

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    "In 2009, the scientific literature caught up with what top climate scientists have been saying privately for a few years now: * Many of the predicted impacts of human-caused climate change are occurring much faster than anybody expected - particularly ice melt, everywhere you look on the planet. * If we stay anywhere near our current emissions path, we are facing incalculable catastrophes by century's end, including rapid sea level rise, massive wildfires, widespread Dust-Bowlification, large oceanic dead zones, and 9°F warming - much of which could be all but irreversible for centuries. And that's not the worst-case scenario! * The consequences for human health and well being would be extreme. That's no surprise to anybody who has talked to leading climate scientists in recent years, read my book Hell and High Water (or a number of other books), or followed this blog. Still, it is a scientific reality that I don't think more than 2 people in 100 fully grasp, so I'm going to review here the past year in climate science. I'll focus primarily on the peer-reviewed literature, but also look at some major summary reports."
thinkahol *

Will Americans Act to Prevent Economic and Environmental Collapse? | CommonDreams.org - 0 views

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    Barack Obama has done a swell job for the rich but a purposely terrible job for our side. Oh we will do something. While some of us may have very few Democrats worth defending only because we have no third party choices or the choices we have of third parties are fringe rightwing lunatics. Here are my answers for some of Ted's questions.
thinkahol *

What Egypt Can Teach America - NYTimes.com - 0 views

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    The truth is that the United States has been behind the curve not only in Tunisia and Egypt for the last few weeks, but in the entire Middle East for decades. We supported corrupt autocrats as long as they kept oil flowing and weren't too aggressive toward Israel. Even in the last month, we sometimes seemed as out of touch with the region's youth as a Ben Ali or a Mubarak. Recognizing that crafting foreign policy is 1,000 times harder than it looks, let me suggest four lessons to draw from our mistakes:
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 *

YouTube - One Trillion Dollars Visualized from Mint.com - 0 views

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    http://www.mint.com | It's official, trillion is the new billion. No longer is government spending talked about in terms of a mere ten digits. With the recent flurry of government spending, we are going to need another three zeros to make sense of it all. One trillion dollars is a number that few people can comprehend, let alone your standard nine digit calculator. So what does one trillion dollars look like?
thinkahol *

Chris Hedges: The Sky Really Is Falling - Chris Hedges' Columns - Truthdig - 0 views

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    The rapid and terrifying acceleration of global warming, which is disfiguring the ecosystem at a swifter pace than even the gloomiest scientific studies predicted a few years ago, has been confronted by the power elite with two kinds of self-delusion. There are those, many of whom hold elected office, who dismiss the science and empirical evidence as false. There are others who accept the science surrounding global warming but insist that the human species can adapt. Our only salvation-the rapid dismantling of the fossil fuel industry-is ignored by both groups. And we will be led, unless we build popular resistance movements and carry out sustained acts of civil disobedience, toward collective self-annihilation by dimwitted pied pipers and fools.
thinkahol *

When Change Is Not Enough: The Seven Steps To Revolution | OurFuture.org - 0 views

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    "Those who make peaceful evolution impossible make violent revolution inevitable."- John F. KennedyThere's one thing for sure: 2008 isn't anything like politics as usual.The corporate media (with their unerring eye for the obvious point) is fixated on the narrative that, for the first time ever, Americans will likely end this year with either a woman or a black man headed for the White House. Bloggers are telling stories from the front lines of primaries and caucuses that look like something from the early 60s - people lining up before dawn to vote in Manoa, Hawaii yesterday; a thousand black college students in Prairie View, Texas marching 10 miles to cast their early votes in the face of a county that tried to disenfranchise them. In recent months, we've also been gobstopped by the sheer passion of the insurgent campaigns of both Barack Obama and Ron Paul, both of whom brought millions of new voters into the conversation - and with them, a sharp critique of the status quo and a new energy that's agitating toward deep structural change.There's something implacable, earnest, and righteously angry in the air. And it raises all kinds of questions for burned-out Boomers and jaded Gen Xers who've been ground down to the stump by the mostly losing battles of the past 30 years. Can it be - at long last - that Americans have, simply, had enough? Are we, finally, stepping out to take back our government - and with it, control of our own future? Is this simply a shifting political season - the kind we get every 20 to 30 years - or is there something deeper going on here? Do we dare to raise our hopes that this time, we're going to finally win a few? Just how ready is this country for big, serious, forward-looking change?Recently, I came across a pocket of sociological research that suggested a tantalizing answer to these questions - and also that America may be far more ready for far more change than anyone really believes is possible at this moment. In fac
thinkahol *

Speech on media propaganda - Glenn Greenwald - Salon.com - 0 views

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    The 30-minute speech I gave last month at the Symphony Space in New York is now available on video, and is posted below in three YouTube segments (the first segment also contains the 4-minute introduction of my speech). The speech pertains to the evolution of my views on media criticism, the nature of media propaganda and what drives it, and what can be done to combat it. A DVD of the entire event -- featuring the three other speeches: from Amy Goodman, Noam Chomsky and Michael Moore -- is available at FAIR's website. I want to note one example, from today, that vividly illustrates many of the themes I discussed in that speech.  It is found in the following passage from this Reuters article on Obama's escalation of the covert war in Yemen and his targeting of U.S. citizen Anwar Awlaki for assassination: A U.S. official confirmed to Reuters that a U.S. strike last Friday killed Abu Ali al-Harithi, a midlevel al Qaeda operative, which followed last month's attempted strike against Anwar al-Awlaki, the leader of al Qaeda in the Arabian Peninsula. Whether Awlaki has any operational role in Al Qaeda at all is a matter of intense controversy.  The U.S. Government has repeatedly asserted that he does, but has presented no verifiable evidence to support that accusation.  But what is not in dispute is the notion that Awlaki is "the leader of al Qaeda in the Arabian Peninsula."  He unquestionably is not, and never has been, as multiple Yemen experts have repeatedly noted.  The Reuters claim is factually and entirely false. Whatever one's views are on Obama's assassination program, targeting U.S. citizens without due process obviously raises extraordinary and vitally important questions.  As The New York Times' Scott Shane put it when confirming Awlaki's inclusion on Obama's hit list: "The Obama administration has taken the extraordinary step of authorizing the targeted killing of an American citizen. . . . It is extremely rare, if not unprecedented, for an America
thinkahol *

The Deficit Chart Republicans Hate | Mother Jones - 0 views

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    I get a little bored repeating over and over that our short-term deficit is almost entirely not Barack Obama's fault. It's mostly the fault of the Bush tax cuts, the Bush wars, and the financial collapse that happened during the Bush presidency. At this point, though, this is more in the nature of a religious debate than a factual one, and conservatives are going to keep repeating the same tired disinformation about the deficit regardless of any evidence one way or the other. Still, just on the off chance that a few people are still persuadable on this, it's nice of CBPP to update its chart showing the source of the deficit over the next decade. (Farther out than that, Medicare is largely responsible for most deficit projections.) As you can see, by 2013 or so, virtually the entire deficit is due to Bush-era policies/disasters. So cut this out and post it on your refrigerator.
thinkahol *

Super Congress Debt Reduction Has Little Transparency - 0 views

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    The text of the budget deal reached by President Barack Obama and congressional leaders contains few specific public disclosure provisions for the committee. The standing committees of Congress are allowed to send suggestions for ways to reduce the debt to the super committee members, but there is, as yet, no provision for the disclosure of those reports. The final report is required to be publicly disclosed upon completion, however there is no requirement that the report be placed online. There are also no official requirements for web-casting of committee meetings.
thinkahol *

Economic Scene; If taxes were lower, the economy would grow faster, right? Economists s... - 0 views

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    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.
thinkahol *

Hello Wall Street - We Are Anonymous - YouTube - 0 views

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    Hello citizens of the internet. We are Anonymous. On September 17th, Anonymous will flood into lower Manhattan, set up tents, kitchens, peaceful barricades and occupy Wall Street for a few months. Once there, we shall incessantly repeat one simple demand in a plurality of voices. We want Freedom. This is a Non Violent protest, we do not encourage violence in any way. The abuse and corruption of corporations, Banks and Governments. ENDS HERE!! Join Us! We Are Anonymous. We Are Legion. We do not Forgive. We do not Forget. Wall Street, Expect Us!
thinkahol *

Has our bloated security budget made us safer? - National security - Salon.com - 0 views

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    The killing of Osama Bin Laden did not put cuts in national security spending on the table, but the debt-ceiling debate finally did. And mild as those projected cuts might have been, last week newly minted Secretary of Defense Leon Panetta was already digging in his heels and decrying the modest potential cost-cutting plans as a "doomsday mechanism" for the military. Pentagon allies on Capitol Hill were similarly raising the alarm as they moved forward with this year's even larger military budget. None of this should surprise you. As with all addictions, once you're hooked on massive military spending, it's hard to think realistically or ask the obvious questions. So, at a moment when discussion about cutting military spending is actually on the rise for the first time in years, let me offer some little known basics about the spending spree this country has been on since September 11, 2001, and raise just a few simple questions about what all that money has actually bought Americans. Consider this my contribution to a future 12-step program for national security sobriety. Let's start with the three basic post-9/11 numbers that Washington's addicts need to know:
thinkahol *

Occupy Portland | In Peaceful Solidarity with #OCCUPYWALLSTREET - 0 views

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    Occupy Portland is a nonviolent movement for accountability in the United States government. At 12PM on October 6th, 2011 we will assemble at Tom McCall Waterfront Park, 1020 Southwest Naito Parkway in Portland, OR. We will gather in solidarity with the ongoing protest in New York City, Occupy Wall Street, and the growing number of cities whose people will no longer sit back watching corporate and special interests run their government. We are citizens of the United States, and this country is ours. We will take it back. It is no longer enough to vote and to participate in the political system because our political system has been altered drastically from its intended and proper function. Currently, we are allowed to pick from a few candidates whose campaigns are funded more and more by large organizations, corporations, and special interests. The success of their campaigns depends entirely on how the corporate mass media presents them. When our elected officials enter office they then pander to the small groups responsible for their election. Even good men and women cannot make real improvements that benefit the American people. We are one city in a growing national movement of people who no longer feel that their government works in their best interest. We will assemble on October 6th to demonstrate peaceful, substantive democracy and work for real change. Our government is divided. We, the people, are united.
thinkahol *

To Occupy and Rise - 0 views

shared by thinkahol * on 30 Sep 11 - No Cached
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    The Occupy Wall Street movement is well into its second week of operation, and is now getting more attention from media as well as from people planning similar actions across the country. This is a promising populist mobilization with a clear message against domination by political and economic elites. Against visions of a bleak and stagnant future, the occupiers assert the optimism that a better world can be made in the streets. They have not resigned themselves to an order where the young are presented with a foreseeable future of some combination of debt, economic dependency, and being paid little to endure constant disrespect, an order that tells the old to accept broken promises and be glad to just keep putting in hours until they can't work anymore. The occupiers have not accepted that living in modern society means shutting up about how it functions. In general, the occupiers see themselves as having more to gain than to lose in creating a new political situation - something that few who run the current system will help deliver. They are not eager for violence, and have shown admirable restraint in the face of attack by police. There may be no single clear agenda, but there is a clear message: that people will have a say in their political and economic lives, regardless of what those in charge want. Occupy Wall Street is a kind of protest that Americans are not accustomed to seeing. There was no permit to protest, and it has been able to keep going on through unofficial understandings between protestors and police. It is not run by professional politicians, astroturfers, or front groups with barely-hidden agendas. Though some organizations and political figures have promoted it, Occupy Wall Street is not driven by any political party or protest organization. It is a kind of protest that shows people have power when they are determined to use it. Occupy Wall Street could be characterized as an example of a new type of mass politics, which has been seen in
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