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thinkahol *

SWAT team launch dawn raid on family home to collect woman's unpaid student loans | Mai... - 0 views

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    A father was dragged from his home and handcuffed in front of his children by a SWAT team looking for his estranged wife - to collect her unpaid student loans. A stunned Kenneth Wright had his front door kicked in by the raiding party at 6 am yesterday before being dragged onto his front porch, handcuffed and led to a police car with his three children. He says he was then detained for six hours while officers looked for his wife - who no longer lives at the house. Scroll down for video
thinkahol *

Boff Whalley: 'In defence of anarchy' - UK Politics, UK - The Independent - 0 views

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    It's the catch-all term that's being used to describe this week's riots. But is this really anarchy? Not even close, says Chumbawumba's Boff Whalley, a self-professed anarchist
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 *

GRITtv » Blog Archive » Michelle Alexander: End The Drug War: Face the New Ji... - 0 views

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    The NAACP has just passed a historic resolution demanding an end to the War on Drugs.  The resolution comes as young Black male unemployment hovers near 50 percent and the wealth gap's become a veritable gulf. So why is the forty-year-old "War on Drugs" public enemy number one for the nation's oldest civil rights organization? Well here's why:  it's not extraneous - it's central: the war on drugs is the engine of 21st century discrimination - an engine that has brought Jim Crow into the age of Barack Obama.     Author Michelle Alexander lays out the statistics -- and the stories --  of 21st Century Jim Crow in her ought-to-blow-your-socks off book: "The New Jim Crow: Mass Incarceration in an Age of Colorblindness." I had a chance to sit down with Alexander earlier this summer. We'll be posting the full interview in two parts.     "We have managed decades after the civil rights movement to create something like a caste system in the United States," says Alexander in part one here  "In major urban areas, the majority of African American men are either behind bars, under correctional control or saddled with criminal record and once branded as criminal or a felon, they're trapped for life in 2nd class status."     It's not just about people having a hard time getting ahead and climbing the ladder of success. It's about a rigged system. Sound familiar?  Like the Pew Research Center report on household wealth and the Great Recession -- the NAACP resolution story was a one-day news-blip - despite the fact that it pierces the by-your-bootstraps myth that is at the heart of - you pick it - the deficit, the stimulus, the tax code - every contemporary US economic debate.     White America just maybe ought to pay attention. With more and more Americans falling out of jobs and into debt, criminal records are a whole lot easier to come by than life-sustaining employment.  Contrary to the conventional media version, the "Drug War" story is not a people with problems
thinkahol *

"We Need a Non-Violent Tahrir Square" - 0 views

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    President Obama signed legislation on Tuesday that raises the nation's debt ceiling and cuts trillions of dollars in spending. Keith speaks with former Vice President and Current TV Chairman Al Gore about what's next for the country. Al Gore says it's time for an "American Spring," a non-violent movement to take back the country from the right wing.
thinkahol *

Wall Street Journal proves Keynes was right - U.S. Economy - Salon.com - 0 views

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    A seven-word Wall Street Journal headline says it all: "Dearth of Demand Seen Behind Weak Hiring."
thinkahol *

The myth of Obama's "blunders" and "weakness" - Glenn Greenwald - Salon.com - 0 views

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    Even when the President repeatedly says he wants severe budget cuts, many refuse to believe him
thinkahol *

Preschool: The Best Job-Training Program : Planet Money : NPR - 0 views

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    If you want adults to have jobs, the best  time to train them is when they're 3 years old, an economist says.
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 *

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
thinkahol *

Wall Street protesters target NY cops next - US news - Life - msnbc.com - 0 views

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    NEW YORK - A standoff near Wall Street between protesters opposed to what they say is corporate greed and police may drag on into winter, with a march on police headquarters the likely next test of whether tensions escalate.
thinkahol *

The Republican Weapon of Mass Cynicism - 0 views

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    According to the latest ABC News/Washington Post poll, 77 percent of Americans say they "feel things have gotten pretty seriously off on the wrong track" in this country. That's the highest percentage since January, 2009.
thinkahol *

The Quiet Coup - Magazine - The Atlantic - 0 views

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    The crash has laid bare many unpleasant truths about the United States. One of the most alarming, says a former chief economist of the International Monetary Fund, is that the finance industry has effectively captured our government-a state of affairs that more typically describes emerging markets, and is at the center of many emerging-market crises. If the IMF's staff could speak freely about the U.S., it would tell us what it tells all countries in this situation: recovery will fail unless we break the financial oligarchy that is blocking essential reform. And if we are to prevent a true depression, we're running out of time.
thinkahol *

Obama's "bad negotiating" is actually shrewd negotiating - Glenn Greenwald - Salon.com - 0 views

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    In December, President Obama signed legislation to extend hundreds of billions of dollars in Bush tax cuts, benefiting the wealthiest Americans. Last week, Obama agreed to billions of dollars in cuts that will impose the greatest burden on the poorest Americans. And now, virtually everyone in Washington believes, the President is about to embark on a path that will ultimately lead to some type of reductions in Social Security, Medicare and/or Medicaid benefits under the banner of "reform." Tax cuts for the rich -- budget cuts for the poor -- "reform" of the Democratic Party's signature safety net programs -- a continuation of Bush/Cheney Terrorism policies and a new Middle East war launched without Congressional approval. That's quite a legacy combination for a Democratic President. All of that has led to a spate of negotiation advice from the liberal punditocracy advising the President how he can better defend progressive policy aims -- as though the Obama White House deeply wishes for different results but just can't figure out how to achieve them. Jon Chait, Josh Marshall, and Matt Yglesias all insist that the President is "losing" on these battles because of bad negotiating strategy, and will continue to lose unless it improves. Ezra Klein says "it makes absolutely no sense" that Democrats didn't just raise the debt ceiling in December, when they had the majority and could have done it with no budget cuts. Once it became clear that the White House was not following their recommended action of demanding a "clean" vote on raising the debt ceiling -- thus ensuring there will be another, probably larger round of budget cuts -- Yglesias lamented that the White House had "flunked bargaining 101." Their assumption is that Obama loathes these outcomes but is the victim of his own weak negotiating strategy. I don't understand that assumption at all. Does anyone believe that Obama and his army of veteran Washington advisers are incapable of discovering these tactics on th
thinkahol *

Why is the Most Wasteful Government Agency Not Part of the Deficit Discussion? | Common... - 0 views

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    In all the talk about the federal deficit, why is the single largest culprit left out of the conversation? Why is the one part of government that best epitomizes everything conservatives say they hate about government-- waste, incompetence, and corruption-all but exempt from conservative criticism? Of course, I'm talking about the Pentagon. Any serious battle plan to reduce the deficit must take on the Pentagon. In 2011 military spending accounted for more than 58 percent of all federal discretionary spending and even more if the interest on the federal debt that is related to military spending were added. In the last ten years we have spent more than $7.6 trillion on military and homeland security according to the National Priorities Project.
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 *

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.
thinkahol *

Class Struggle - The myth of declining U.S. schools: They've long been mediocre - 0 views

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    "The United States never led the world. It was never number one and has never been close to number one on international math tests. Or on science tests, for that matter. It is more accurate to say that the United States has always trailed the world on math tests."
thinkahol *

The Republicans Say A Major Impediment To Growth Is Uncertainty Over Regulation. Resear... - 0 views

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    The most important thing to understand about the Republican jobs agenda is that it's not really a jobs agenda. That sounds simplistic and harsh, but I think it's true, at least if you buy into the mainstream economic consensus.
thinkahol *

World | David Graeber: The Shock of Victory - 0 views

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    The biggest problem facing direct action movements is that we don't know how to handle victory. This might seem an odd thing to say because of a lot of us haven't been feeling particularly victorious of late. Most anarchists today feel the global justice movement was kind of a blip: inspiring, certainly, while it lasted, but not a movement that succeeded either in putting down lasting organizational roots or transforming the contours of power in the world. The anti-war movement was even more frustrating, since anarchists and anarchist tactics were largely marginalized. The war will end, of course, but that's just because wars always do. No one is feeling they contributed much to it.
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