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As Colombian Oil Money Flowed To Clintons, State Department Took No Action To Prevent L... - 0 views

www.ibtimes.com/o-action-prevent-labor-1874464 Auction 2016 Hillary Colombia human rights Rubiales bribery
shared by Paul Merrell on 10 Apr 15 - No Cached
  • For union organizers in Colombia, the dangers of their trade were intensifying. When workers at the country’s largest independent oil company staged a strike in 2011, the Colombian military rounded them up at gunpoint and threatened violence if they failed to disband, according to human rights organizations. Similar intimidation tactics against the workers, say labor leaders, amounted to an everyday feature of life. For the United States, these were precisely the sorts of discomfiting accounts that were supposed to be prevented in Colombia under a labor agreement that accompanied a recently signed free trade pact liberalizing the exchange of goods between the countries. From Washington to Bogota, leaders had promoted the pact as a win for all -- a deal that would at once boost trade while strengthening the rights of embattled Colombian labor organizers. That formulation had previously drawn skepticism from many prominent Democrats, among them Hillary Clinton. Yet as union leaders and human rights activists conveyed these harrowing reports of violence to then-Secretary of State Clinton in late 2011, urging her to pressure the Colombian government to protect labor organizers, she responded first with silence, these organizers say. The State Department publicly praised Colombia’s progress on human rights, thereby permitting hundreds of millions of dollars in U.S. aid to flow to the same Colombian military that labor activists say helped intimidate workers.
  • At the same time that Clinton's State Department was lauding Colombia’s human rights record, her family was forging a financial relationship with Pacific Rubiales, the sprawling Canadian petroleum company at the center of Colombia’s labor strife. The Clintons were also developing commercial ties with the oil giant’s founder, Canadian financier Frank Giustra, who now occupies a seat on the board of the Clinton Foundation, the family’s global philanthropic empire. The details of these financial dealings remain murky, but this much is clear: After millions of dollars were pledged by the oil company to the Clinton Foundation -- supplemented by millions more from Giustra himself -- Secretary Clinton abruptly changed her position on the controversial U.S.-Colombia trade pact. Having opposed the deal as a bad one for labor rights back when she was a presidential candidate in 2008, she now promoted it, calling it “strongly in the interests of both Colombia and the United States.” The change of heart by Clinton and other Democratic leaders enabled congressional passage of a Colombia trade deal that experts say delivered big benefits to foreign investors like Giustra.
  • The Clinton Foundation, Giustra and the State Department did not respond to International Business Times' requests for comment. Pacific Rubiales has denied that it has engaged in any violence toward union organizers. As Hillary Clinton readies a national apparatus for her likely presidential campaign -- one that will surely depend upon the support of American labor unions -- her family’s relationship with Giustra and Pacific Rubiales, her reversal on the Colombia trade pact and her subsequent move to bless Colombia’s human rights record complicate her efforts to present herself as a champion of worker rights.  These issues were amplified this week when the AFL-CIO cited persistent violence against Colombian union organizers in its push to block a new 12-nation trade deal that Clinton has championed.
  • Paul Merrell on 10 Apr 15
     
    Bribery? We ain't talking about campaign donations here.
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California Tells Court It Can't Release Inmates Early Because It Would Lose Cheap Priso... - 0 views

thinkprogress.org/...-be-keeping-people-behind-bars
shared by Paul Merrell on 20 Nov 14 - No Cached
  • Out of California’s years-long litigation over reducing the population of prisons deemed unconstitutionally overcrowded by the U.S. Supreme Court in 2010, another obstacle to addressing the U.S. epidemic of mass incarceration has emerged: The utility of cheap prison labor. In recent filings, lawyers for the state have resisted court orders that they expand parole programs, reasoning not that releasing inmates early is logistically impossible or would threaten public safety, but instead that prisons won’t have enough minimum security inmates left to perform inmate jobs. The dispute culminated Friday, when a three-judge federal panel ordered California to expand an early parole program. California now has no choice but to broaden a program known as 2-for-1 credits that gives inmates who meet certain milestones the opportunity to have their sentences reduced. But California’s objections raise troubling questions about whether prison labor creates perverse incentives to keep inmates in prison even when they don’t need to be there.
  • The debate centers around an expansive state program to have inmates fight wildfires. California is one of several states that employs prison labor to fight wildfires. And it has the largest such program, as the state’s wildfire problem rapidly expands arguably because of climate change. By employing prison inmates who are paid less than $2 per day, the state saves some $1 billion, according to a recent BuzzFeed feature of the practice. California relies upon that labor source, and only certain classes of nonviolent inmates charged with lower level offenses are eligible for the selective program. They must then meet physical and other criteria. In exchange, they get the opportunity for early release, by earning twice as many credits toward early release as inmates in other programs would otherwise earn, known as 2-for-1 credits. In February, the federal court overseeing California’s prison litigation ordered the state to expand this 2-for-1 program to some other rehabilitation programs so that other inmates who exhibit good behavior and perform certain work successfully would also be eligible for even earlier release.
  • As has been California’s practice in this litigation, California didn’t initially take the order that seriously. It continued to work toward reducing its prison population. In fact, the ballot initiative passed by voters in November to reclassify several nonviolent felonies as misdemeanors will go a long way toward achieving that goal. But it insisted that it didn’t have to do it the way the court wanted it to, because doing so could deplete the state’s source of inmate firefighters. The incentives of this wildfire and other labor programs are seemingly in conflict with the goal of reducing U.S. reliance on mass incarceration. But the federal judges overseeing this litigation were nonetheless sensitive to the state’s need for inmate firefighters. That’s why they ordered the state to offer 2-for-1 credits only to those many inmates who weren’t eligible for the wildfire program. This way, inmates who were eligible would still be incentivized to choose fighting wildfires, while those that weren’t could choose other rehabilitative work programs to reduce their sentence.
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  • The Department of Corrections didn’t like this idea, either. It argued that offering 2-for-1 credits to any inmates who perform other prison labor would mean more minimum security inmates would be released earlier, and they wouldn’t have as large of a labor pool. They would still need to fill those jobs by drawing candidates who could otherwise work fighting wildfires, and would be “forced to draw down its fire camp population to fill these vital MSF [Minimum Support Facility] positions.” In other words, they didn’t want to have to hire full-time employees to perform any of the work that inmates are now performing. The plaintiffs had this to say in response: “Defendants baldly assert that if the labor pool for their garage, garbage, and city park crews is reduced, then ‘CDCR would be forced to draw-down its fire camp population to fill these vital MSF positions.’ That is a red herring; Defendants would not be ‘forced’ to do anything. They could hire public employees to perform tasks like garbage collection, garage work and recycling … ”
  • California Attorney General Kamala Harris told BuzzFeed News she was “shocked” to learn that the lawyers in her department had argued against parole credits because they wanted to retain their labor force. “I will be very candid with you, because I saw that article this morning, and I was shocked, and I’m looking into it to see if the way it was characterized in the paper is actually how it occurred in court,” Harris said in an interview with BuzzFeed published late Tuesday. “I was very troubled by what I read. I just need to find out what did we actually say in court.” Harris was referring to the Los Angeles Times’ report on the three-judge panel’s ruling, which included a line referencing that argument. While ThinkProgress does not know what lawyers for the state said in court, the written motions submitted in the litigation make very clear that the state did indeed argue against expanding the early release program on the basis that it would deplete the labor force.
  • Paul Merrell on 20 Nov 14
     
    In the land of the free and the home of the brave ...j California has been in deep judicial doo-doo because of massive prison overcrowding and years of ignoring federal court orders to drastically reduce its prison population, leading to a Supreme Court decision that basically said, "no more stalling." 
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Boycott, Divest and Sanction Corporations That Feed on Prisons  :    Informat... - 0 views

www.informationclearinghouse.info/article41455.htm incarceration-nation for-profit-prisons boycott
shared by Paul Merrell on 09 Apr 15 - No Cached
  • All attempts to reform mass incarceration through the traditional mechanisms of electoral politics, the courts and state and federal legislatures are useless. Corporations, which have turned mass incarceration into a huge revenue stream and which have unchecked political and economic power, have no intention of diminishing their profits. And in a system where money has replaced the vote, where corporate lobbyists write legislation and the laws, where chronic unemployment and underemployment, along with inadequate public transportation, sever people in marginal communities from jobs, and where the courts are a wholly owned subsidiary of the corporate state, this demands a sustained, nationwide revolt. “Organizing boycotts, work stoppages inside prisons and the refusal by prisoners and their families to pay into the accounts of phone companies and commissary companies is the only weapon we have left,” said Amos Caley, who runs the Interfaith Prison Coalition, a group formed by prisoners, the formerly incarcerated, their families and religious leaders.
  • These boycotts, they said, will be directed against the private phone, money transfer and commissary companies, and against the dozens of corporations that exploit prison labor. The boycotts will target food and merchandise vendors, construction companies, laundry services, uniforms companies, prison equipment vendors, cafeteria services, manufacturers of pepper spray, body armor and the array of medieval instruments used for the physical control of prisoners, and a host of other contractors that profit from mass incarceration. The movement will also call on institutions, especially churches and universities, to divest from corporations that use prison labor. The campaign, led by the Interfaith Prison Coalition, will include a call to pay all prisoners at least the prevailing minimum wage of the state in which they are held. (New Jersey’s minimum wage is $8.38 an hour.) Wages inside prisons have remained stagnant and in real terms have declined over the past three decades. A prisoner in New Jersey makes, on average, $1.20 for eight hours of work, or about $28 a month. Those incarcerated in for-profit prisons earn as little as 17 cents an hour. Over a similar period, phone and commissary corporations have increased fees and charges often by more than 100 percent. There are nearly 40 states that allow private corporations to exploit prison labor. And prison administrators throughout the country are lobbying corporations that have sweatshops overseas, trying to lure them into the prisons with guarantees of even cheaper labor and a total absence of organizing or coordinated protest.
  • Corporations currently exploiting prison labor include Abbott Laboratories, AT&T, AutoZone, Bank of America, Bayer, Berkshire Hathaway, Cargill, Caterpillar, Chevron, the former Chrysler Group, Costco Wholesale, John Deere, Eddie Bauer, Eli Lilly, ExxonMobil, Fruit of the Loom, GEICO, GlaxoSmithKline, Glaxo Wellcome, Hoffmann-La Roche, International Paper, JanSport, Johnson & Johnson, Kmart, Koch Industries, Mary Kay, McDonald’s, Merck, Microsoft, Motorola, Nintendo, Pfizer, Procter & Gamble, Quaker Oats, Sarah Lee, Sears, Shell, Sprint, Starbucks, State Farm Insurance, United Airlines, UPS, Verizon, Victoria’s Secret, Wal-Mart and Wendy’s.
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  • “Prisoner telephone rates in New Jersey are some of the highest in the country,” Caley said. “Global Tel Link charges prisoners and their families $4.95 for a 15-minute phone call, which is about two and a half times the national average for local inmate calling services.”
  • Prison phone services are a $1.2-billion-a-year industry. Prisoners outside New Jersey are charged by Global Tel Link, which makes about $500 million a year, as much as $17 for a 15-minute phone call. A call of that duration outside a prison would cost about $2. If a customer deposits $25 into a Global Tel Link phone account, he or she must pay an additional service charge of $6.95. And Global Tel Link is only one of several large corporations that exploit prisoners and their families. JPay is a corporation that deals in privatized money transfers to prisoners. It controls money transfers for about 70 percent of the prison population. The company charges families that put money into prisoners’ accounts additional service fees of as much as 45 percent. JPay generates more than $50 million a year in revenue. The Keefer Group, which controls prison commissaries in more than 800 public and private prisons, and which often charges prisoners double what items cost outside prison walls, makes $41 million a year in profit.
  • Prisons, to swell corporate profits, force prisoners to pay for basic items including shoes. Prisoners in New Jersey pay $45 for a pair of basic Reebok shoes—almost twice the average monthly wage. If a prisoner needs an insulated undergarment or an extra blanket to ward off the cold at night he must buy it. Packages from home, once permitted, have been banned to force prisoners to buy grossly overpriced items at the commissary or company-run store. Some states have begun to charge prisoners rent. This gouging is burying many prisoners and their families in crippling debt, debt that prisoners carry when they are released from prison. The United States has 2.3 million people in prison, 25 percent of the world’s prison population, although we are only 5 percent of the world’s population. We have increased our prison population by about 700 percent since 1970. Corporations control about 18 percent of federal prisoners and 6.7 percent of all state prisoners. And corporate prisons account for nearly all newly built prisons. Nearly half of all immigrants detained by the federal government are shipped to corporate-run prisons. And slavery is legal in prisons under the 13th Amendment of the U.S. Constitution. It reads: “Neither slavery nor involuntary servitude, except as punishment for crime whereof the party shall have been duly convicted, shall exist within the United States.”
  • Vast sums are at stake. The for-profit prison industry is worth $70 billion. Corrections Corporation of America (CCA), the largest owner of for-profit prisons and immigration detention facilities in the country, had revenues of $1.7 billion in 2013 and profits of $300 million. CCA holds an average of 81,384 inmates in its facilities on any one day. Aramark Holdings Corp., a Philadelphia-based company that contracts through Aramark Correctional Services to provide food to 600 correctional institutions across the United States, was acquired in 2007 for $8.3 billion by investors that included Goldman Sachs. And, as in the wider society, while members of a tiny, oligarchic corporate elite each are paid tens or even hundreds of millions of dollars annually, the workers who generate these profits live in misery.  “It is an abomination that prisoners are paid 22 cents an hour, $1.20 cents a day,” Larry Hamm told the Newark meeting. “Every prisoner should get the minimum wage of New Jersey, $8.38 per hour.”
  • Paul Merrell on 09 Apr 15
     
    Why pay a liveable wage to American workers if you can get prison labor for less than market prices in Bangla Desh? The prison telephone racket has bothered me for many years. The FCC authorized no-limit telephone charges for prisoners and their families on the simplistic grounds of, "well, they prisoners who have reduced civil rights anyway. But it ignored that most prison phone calls are collect calls to families on the outside, who are not prisoners and still have their full civil rights. The for-profit prison industry is a prime example of not thinking things through before privatizing a formerly government function. Privatization creates a lobby for the industry, as Americans have learned all to well with the privatization of most Dept. of Defense work other than actual combat.   Already, for profit prison industries are showing up in state legislatures to demand longer prison sentences. They were the prime movers behind the "mandatory minimum sentence" movement, which has stuffed prisons to overflowing. 
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Abbott and Costello explain "unemployment." | The Rugged Individualist - 1 views

theruggedindividualist.wordpress.com/...-costello-explain-unemployment rugged-individual Abbott-Costello Obamunism Obamanomics Great-Recession keynesian-endpoint
shared by Gary Edwards on 10 Sep 12 - No Cached
  • Gary Edwards on 10 Sep 12
     
    The rugged individual has a new post where he re scripts the famous Abbott - Costello "Whose On First?" routine.  This time with Obamanomics double speak.  Great explanation of the Obama difference between being "unemployed" and "out of work".  It's the difference between 8.1% unemployed and 16% "out of work". excerpt" "This past month the country added only 96,000 jobs but the unemployment rate dropped two tenths of a point (8.3% to 8.1%). How was that possible? Well, just listen to Abbott. A 0.2% decrease in the unemployment rate is, in fact, a rather hefty decrease. To accomplish that should have required closer to 250-300,000 new jobs (and that doesn't count that the population grew by 213,000 people). The computation that the public is fed, the unemployment rate, is the number that makes headlines. The reason the rate fell so dramatically is because 437,000 people gave up on looking for work. There are now 7.0 million people that have dropped out of the workforce, or 2.9% of the population, the highest of the Great Recession. Thus, the declines were largely the function of labor force withdrawal. Data confirm this suspicion: 195,000 went from employed to not in labor force, and 226,000 from unemployed to not in labor force, both very large numbers by historical standards. We are down 4.7 million jobs from the pre-recession peak. At less than 100,000 jobs added per month, it would take four more years just to get back to where we were five years ago. Which would not appreciably reduce the unemployment rate, due to the growth in population. Possibly even worse still is that in 1992, there was one person on disability for every 35 workers. It is now about one for every 16 workers. As of April we have added 5.4 million people to the disability rolls since the beginning of 2009. This is several million above the previous trend. There are now almost 9 million on disability. If disability had stayed at the pre-recession growth trend, unemployment would be at le
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Bradley Schiller Says Barack Obama Should Stop Comparing Our Financial Crisis With the ... - 0 views

online.wsj.com/...SB123457303244386495.html finacial-crisis
shared by Gary Edwards on 14 Feb 09 - Cached
  • Gary Edwards on 14 Feb 09
     
    This out of control Obama fearmongering may be good politics, but it is bad history and bad economics. It is bad history because our current economic woes don't come close to those of the 1930s. At worst, a comparison to the 1981-82 recession might be appropriate. Consider the job losses that Mr. Obama always cites. In the last year, the U.S. economy shed 3.4 million jobs. That's a grim statistic for sure, but represents just 2.2% of the labor force. From November 1981 to October 1982, 2.4 million jobs were lost -- fewer in number than today, but the labor force was smaller. So 1981-82 job losses totaled 2.2% of the labor force, the same as now. Good stats comparing the Roosevelt great depression years, the Carter recession years and the Obama recession years.
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What 1946 Can Tell Us About 2010 - The American, A Magazine of Ideas - 0 views

www.american.com/...at-1946-can-tell-us-about-2010 michael-barone fdr truman 1946
shared by Gary Edwards on 06 Apr 10 - No Cached
  • In both cases a Democratic president was proposing and a Democratic Congress was considering proposals to substantially increase the size and scope of government beyond previous peacetime limits.
  • The second similarity is that the Democrats in 1945–1946 were closely allied with labor unions, which were deeply involved in politics and were avidly seeking more members and more bargaining power.
  • The Wagner Act passed in 1935 stimulated the growth of Congress of Industrial Organizations (CIO) unions, which through sitdown strikes (which were plainly illegal) and other tactics organized the major auto, steel, and tire manufacturers between 1937 and 1941.
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  • Unions also emerged as a political force in the war years—and as a political force entangled with the Communist Party.
  • the stimulus package passed in February 2009 allotted one-third of its funds to state and local governments, which helped preserve the jobs of many public sector union members—and the flow of dues money to public-sector union leaders.
  • 1946. The Republican slogan was “Had enough?”—enough inflation, enough high taxes, enough price controls, enough coddling of unions with their frequent strikes and their entanglement with Communists. The Republicans promised to end controls, lower taxes, and restrict labor unions—an unusually coherent program for a party out of power.
  • Gary Edwards on 06 Apr 10
     
    There are some intriguing similarities between the political situation in 1946 and the political situation today. In the off-year election of 1946, Republicans gained 13 seats in the Senate and emerged with a 51-45 majority there, the largest majority that they enjoyed between 1930 and 1980. They gained 55 seats in the House, giving them a 246-188 majority in that body, the largest majority they have held since 1930. First, Democrats were promising (or threatening) to vastly increase the size and scope of government. Government's share of gross domestic product had risen to over 40% in World War II, and it was obvious that there would be some scaling back. At the same time, the Allied victory in World War II had enhanced the prestige of the state, just as the 1930s Depression weakened faith in free markets. In Britain, the 1942 Beveridge Report urged creating a welfare state after the war, and the Labour Party won a resounding victory in the July 1945 election and promptly proceeded to adopt the Beveridge recommendations and more. In the United States, Franklin Roosevelt in his January 1944 State of the Union address echoed the Beveridge Report. As I pointed out in my 1990 book Our Country: The Shaping of America from Roosevelt to Reagan, he called for "steeply graduated taxes, government controls on crop prices and food prices [and] continued controls on wages . . . Government should guarantee everyone a job, an education, and clothing, housing, medical care, and financial security against the risks of old age and sickness." "True individual freedom," Roosevelt said, "cannot exist without economic security and independence." The similarities between the policy choices facing Congress in 1945-1946 and those facing it in 2009-2010 are obviously far from exact. Nevertheless, there are some. In both cases a Democratic president was proposing and a Democratic Congress was considering proposals to substantially increase the size and scope of gov
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The Daily Bell - Richard Ebeling on Higher Interest Rates, Collectivism and the Coming ... - 0 views

www.thedailybell.com/...tivism-and-the-Coming-Collapse Richard-Ebeling The-Daily-Bell Austrian-Economics Liberty-Tryanny
shared by Gary Edwards on 17 Jun 13 - No Cached
  • The "larger dysfunction," as you express it, arises out of a number of factors. The primary one, in my view, is a philosophical and psychological schizophrenia among the American people.
  • While many on "the left" ridicule the idea, there is a strong case for the idea of "American exceptionalism," meaning that the United States stands out as something unique, different and special among the nations of the world.
  • the American Founding Fathers constructed a political system in the United States based on a concept on which no other country was consciously founded:
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  • But the American Revolution and the US Constitution hailed a different conception of man, society and government.
  • n the rest of the world, and for all of human history, the presumption has been that the individual was a slave or a subject to a higher authority. It might be the tribal chief; or the "divinely ordained" monarch who presumed to rule over and control people in the name of God; or, especially after the French Revolution and the rise of modern socialism, "the nation" or "the people" who laid claim to the life and work of the individual.
  • the idea of individual rights.
  • That is, as long as the individual did not violate the equal rights of others to their life, liberty and property, each person was free to shape and guide his own future, and give meaning and value to his own life as he considered best in the pursuit of that happiness that was considered the purpose and goal of each man during his sojourn on this Earth.
  • Governments did not exist to give or bestow "rights" or "privileges" at its own discretion.
  • Governments were to secure and protect each individual's rights, which he possessed by "the nature of things."
  • The individual was presumed to own himself. He was "sovereign."
  • The real and fundamental notion of "self-government" referred to the right of each individual to rule over himself.
  • Each individual, by his nature and his reason, had a right to his life, his liberty and his honestly acquired property.
  • during the first 150 years of America's history there was virtually no Welfare State and relatively few government regulations, controls and restrictions on the choices and actions of the free citizen.
  • But for more than a century, now, an opposing conception of man, society and government has increasingly gained a hold over the ideas and attitudes of people in the US.
  • It was "imported" from Europe in the form of modern collectivism.
  • The individual was expected to see himself as belonging to something "greater" than himself. He was to sacrifice for "great national causes."
  • He was told that if life had not provided all that he desired or hoped for, it was because others had "exploited" him in some economic or social manner, and that government would redress the "injustice" through redistribution of wealth or regulation of the marketplace.
  • If he had had financial and material success, the individual should feel guilty and embarrassed by it, because, surely, if some had noticeably more, it could only be because others had been forced to live with noticeably less.
  • left on its own, free competition tends to evolve into harmful monopolies and oligopolies, with the wealthy "few" benefiting at the expense of the "many."
  • They are the crises of the Interventionist-Welfare State: the attempt to impose reactionary collectivist policies of political paternalism and redistributive plunder on a society still possessing parts of its original individualist and rights-based roots.
  • it is in the form of communism's and socialism's critique of capitalism.
  • Unregulated capitalism leads to "unearned" and "excessive" profits; unbridled markets generate the business cycle and the hardships of recessions and depressions;
  • These two conflicting conceptions of man, society and government have been and are at war here in the United States.
  • And if it cannot be gotten and guaranteed through the redistributive mechanisms of the European Union and the euro, well, maybe we should return power to our own nation-states to provide the jobs, the social "safety nets" and the financial means to pay for it through, once again, printing our own national paper currencies.
  • This is the political-philosophical bankruptcy of the West and the dead ends of the collectivist promises of the last 100 years.
  • Ludwig von Mises's book, Socialism: An Economic and Sociological Analysis, originally published in 1922, demonstrated how and why a socialist, centrally planned system was inherently unworkable.
  • The nationalization of productive property, the abolition of markets and the prohibition of all competitive exchange among the members of society would prevent the emergence and operation of a price system, without which it is impossible to know people's demands for desired goods and the relative value they place on them.
  • It also prevents the emergence of prices for the factors of production (land, labor, capital) and makes it impossible to know their opportunity costs – the value of those factors of production in alternative competing uses among entrepreneurs desiring to employ them.
  • Without such a price system the central planners are flying blind, unable to rationally know or decide how best to utilize labor, capital and resources in productively efficient ways to make the goods and services most highly valued by the consuming public.
  • Thus, Mises concluded, comprehensive socialist central planning would lead to "planned chaos."
  • And, therefore, there is no guarantee that the amount of investments undertaken and their time horizons are compatible with the available resources not also being demanded and used for more immediate consumer goods production in the society.
  • As a consequence, financial markets do not work like real markets.
  • Thus, the interventionist state leads to waste, inefficiency and misuses of resources that lower the standards of living that we all, otherwise, could have enjoyed.
  • We cannot be sure what the amount of real savings may be in the society to support real and sustainable investment and capital formation.
  • Government intervention prevents prices from "telling the truth" about the real supply and demand conditions thus leading to imbalances and distortions in the market.
  • We cannot know what the "real cost" of borrowing should be, since interest rates are not determined by actual, private sector savings and investment decisions.
  • Government production regulations, controls, restrictions and prohibitions prevent entrepreneurs from using their knowledge, ability and capital in ways that most effectively produce the goods consumers actually want and at the most cost-competitive prices possible.
  • This is why countries around the world periodically experience booms and busts, inflations and recessions − not because of some inherent instabilities or "irrationalities" in financial markets, but because of monetary central planning through central banking that does not allow market-based financial intermediation to develop and work as it could and would in a real free-market setting.
  • But in the United States and especially in Europe, government "austerity" means merely temporarily reducing the rate of increase in government spending, slowing down the rate at which new debt is accumulating and significantly raising taxes in an attempt to close the deficit gap.
  • The fundamental problem is that over the decades, the size and scope of governments in the Western world have been growing far more than the rates at which their economies have been expanding, so that the "slice" of the national economic "pie" eaten by government has been growing larger and larger, even when the "pie" in absolute terms is bigger than it was, say, 30 or 40 years ago.
  • European governments, in general, take the view that "austerity" means squeezing the private sector more through taxes and other revenue sources to avoid any noticeable and significant cuts in what government does and spends.
  • So there is "austerity" for the private sector and a mad rush for financial "safety nets" for the government and those who live off the State.
  • In reality, of course, it is the burdens of government regulation, taxation and impediments to more flexible labor and related markets that have generated the high unemployment rates and the retarded recovery from the recession.
  • Instead, the "common market" ideal has been transformed into the goal of a European Union "Super-State" to which the individual countries and their citizens would be subservient and obedient.
  • Keynesian policies offer people and politicians what they want to hear. Claiming that any sluggish business or lost jobs are due to a lack of "aggregate demand," Keynes argued that full employment and profitable business could only be reestablished and maintained through "activist" government monetary and fiscal policy – print money and run budget deficits.
  • What Britain and Europe should have as its goal is the ideal of the classical liberal free traders of the 19th century – non-intervention by governments in people's lives, at home and abroad. That is, a de-politicization of society, so people may freely work, trade and travel as they peacefully wish, with government merely the protector of people's individual rights.
  • Take the benefits away and tell people they are free to come and work to support themselves and their families. Restore more flexibility and competitiveness to labor markets and reduce taxes and business regulations.
  • Then those who come to Britain's shores will be those wanting freedom and opportunity without being a burden upon others.
  • What was needed was a change in ideas from the statist mentality to one of individual freedom and unhampered free markets.
  • In an epoch of collectivist ideas, don't be surprised if governments regulate, control, intervene and redistribute wealth.
  • The tentacle of regulations, restrictions and politically-correct social controls are spreading out in every direction from Brussels and its European-wide manipulating and mismanaging bureaucracy.
  • In the name of assuring "national prosperity," politicians could spend money to buy the votes that get them elected and reelected to government offices.
  • And every special interest group could make the case that government-spending programs that benefitted them were all reasonable and necessary to assure a fully employed and growing economy.
  • Furthermore, the Keynesian rationale for government deficit spending enabled politicians to seem to be able to offer something for nothing. They could offer, say, $100 of government spending to voters and special interest groups but the tax burden imposed in the present might only be $75, since the remainder of the money to pay for that government spending was borrowed. And that borrowed money would not have to be repaid until some indefinite time in the future by unspecific taxpayers when that "tomorrow" finally arrived.
  • instability
  • Keynes argued that the market economy's inherent
  • arose from the
  • who were subject to irrational and unpredictable waves of "optimism" and "pessimism."
  • animal spirits" of businessmen
  • Mises argued that there was nothing inherent in the market economy to bring about these swings of economic booms followed by periods of depression and unemployment.
  • If markets got out of balance with the necessity of an eventual correction in the economy to, once again, set things right, the source of this instability was government monetary policy.
  • Central banks too often followed a policy of trying to create "good times" in the economy by expanding the money supply through the banking system.
  • With new, excess funds created by the central bank available for lending, banks lower rates of interest to attract borrowers.
  • But this throws savings and investment out of balance, since the rate of interest no longer serves as a reliable indicator and signal concerning the availability of real savings in the economy in relation to those wanting to borrow funds for various investment purposes.
  • The economic crisis comes when it is discovered that all the claims on resources, capital and labor for all the attempted consumption and investment activities in the economy are greater than the actual and available amounts of such scarce resources.
  • The recession period, in Mises's view, is the necessary "correction" period when in the post-boom era, people must adapt and adjust to the newly discovered "real" supply and demand conditions in the market.
  • Any interference with the "rebalancing" of the economy by government raising taxes, imposing more regulations, or new artificial government "stimulus" activities merely makes it more difficult and time-consuming for people in the private sector to get the economy back on an even keel.
  • Friedrich A. Hayek, once observed, unemployment is not "caused" by stopping an inflation, but rather inflation induces the artificial employments that cannot be sustained and which inevitably disappear once the inflation is reined in.
  • The recession of 2008-2009 was the result of several years of central bank stimulus.
  • From 2003 to 2008, the Federal Reserve increased the money supply by about 50 percent.
  • Interest rates for much of this time, when adjusted for inflation, were either zero or negative.
  • Awash in cash, banks extended loans to virtually anyone, with no serious and usual concern about the borrower's credit-worthiness.
  • This was most notably true in the housing market, where government agencies like Fannie May and Freddie Mac were pressuring banks to make mortgage loans by promising a guarantee that they would make good on any bad home loans.
  • Since 2008-2009, the Federal Reserve has, again, turned on the monetary spigot, increasing its own portfolio by almost $3 trillion, by buying US Treasuries, US mortgages and other assets.
  • So why has there not been a complementary explosion of price inflation?
  • In some areas there has been, most clearly in the stock market and the bond market, But the reason why all that newly created money has not brought about a higher price inflation is due to the fact that a large part of all newly created money is sitting as unlent reserves in banks.
  • This is because the Federal Reserve has been paying banks a rate of interest slightly above the market interest rates to induce banks not to lend.
  • (a) general "regime uncertainty," that is, no one knows what government policy will be tomorrow; will ObamaCare be fully implemented after January 2014?;
  • Among the reasons for the sluggish jobs growth in the US are:
  • (b) what will taxes be for the rest of the current president's term in the White House
  • (c) what will the regulatory environment be like for the next three years – in 2012, the government implemented around 80,000 pages of regulations as printed in the Federal Registry;
  • (d) how will the deficit and debt problems play out between Congress and the White House and will it threaten the general financial situation in the country; an
  • (e) what wars, if any, will the government find itself involved in, in places like the Middle East?
  • China
  • is still a controlled and commanded society, with a government that works hard to try to determine what people read, see and think.
  • All these building projects have been brought into existence by a government that not only controls the money supply and manipulates interest rates but also heavy-handedly tells banks whom to specifically loan to and for what investment activities.
  • Central planning is alive and well in China, with the motives being both power and profits for those inside and outside the Communist Party having the most influence and connections in "high" places.
  • In my opinion, China is heading for a great economic crisis, resulting from a highly imbalanced and distorted economic system still guided far more by politics than sound market decision-making.
  • global financial markets in any foreseeable future. It is a money that still primarily exists to serve the political purposes of those who sit in the "inner circles" of power in Beijing.
  • One hundred years ago, in 1913, how many could have predicted that a year later a European-wide war would break out that would lead to the destruction of great European empires and set the stage for the rise of totalitarian collectivism that resulted in an even worse global war two decades later?
  • Thus, whether, at the end of the day, freedom triumphs and the future is one of liberty and prosperity is partly on each one of us.
  • Near the end of his great book, Socialism, Ludwig von Mises said:
  • "Everyone carries a part of society on his shoulders; no one is relieved of his share of responsibility by others. And no one can find a safe way out for himself if society is sweeping towards destruction. Therefore, everyone, in his own interest, must thrust himself vigorously into the intellectual battle. None can stand aside with unconcern; the interests of everyone hang on the result. Whether he chooses or not, every man is drawn into the great historical struggle, the decisive battle into which our epoch has plunged us . . . Whether society shall continue to evolve or where it shall decay lies . . . in the hands of man."
  • In my view, the idea of a "soft landing" is an illusion based on the idea held by central bankers, themselves, that they have the wisdom and ability to know how to "micro-manage" the all the changes and adjustments resulting from their own manipulations of the monetary aggregates. They do not have this wisdom and ability. So hold on for what is most likely to be another rocky road.
  • It was Mises's clear vision that once society has broken the relationship between value and payment, sooner or later people would not know the price of anything.
  • At this point, investment ceases and business becomes furtive and transactional.
  • People cannot plan for the future because they do not understand the reality of the present.
  • Society begins to sink.
  • Gary Edwards on 17 Jun 13
     
    Incredible.  A simple explanation that explains everything.  Rchard Ebeling's "Unified Theory of Everything" is something every American can understand.  If only they would take a break from "Dancing with the Stars" and pay attention to the future of their country and the world.  It's a future where either "individual freedom", as defined by our Constitution and Declaration of Independence, will win out; or, the forces of fascist socialism / marxism will continue to roll and rule.  Incredible read!!!!
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The Media Is Lying To You About Unemployment In America - 0 views

www.informationclearinghouse.info/article33822.htm unemployment stats Obama financial-collapse
shared by Paul Merrell on 04 Feb 13 - No Cached
  • Did you know that the percentage of the U.S. labor force that is employed has continually been falling since 2006 according to the Bureau of Labor Statistics?  Did you know that the increase in the number of Americans "not in the labor force" during Barack Obama's first four years in the White House was more than three times greater than the increase in the number of Americans "not in the labor force" during the entire decade of the 1980s?  The mainstream media would have us believe that 157,000 jobs were added to the U.S. economy in January.  Based on that news, the Dow broke the 14,000 barrier for the first time since October 2007.  But if you actually look at the "non-seasonally adjusted" numbers, the number of Americans with a job actually decreased by 1,446,000 between December and January.
  • But nowhere in the mainstream media did you hear that the U.S. economy lost more than 1.4 million jobs between December and January.  It is amazing the things that you can find out when you actually take the time to look at the hard numbers instead of just listening to the media spin.  Back in 2007, more than 146 million Americans were employed.  Today, only 141.6 million Americans are employed even though our population has grown steadily since then.  When the government and the media tell you that we are in a "recovery" and that unemployment is lower than it was a couple of years ago, I encourage you to dig deeper.  The truth is that even the government's own numbers tell us that the percentage of the U.S. labor force that is employed continues to fall and that the U.S. economy is heading into a recession.  The Obama administration and the media have been lying to you about unemployment and about the true condition of our economy.  After you see the numbers that I have compiled in this article, I think that you will agree with me.
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Amnesty Senators and the Stories They Told | RedState - 0 views

www.redstate.com/...the-stories-they-told Amnesty Amnesty-Liars Backstabbing-Senators
shared by Gary Edwards on 25 Jun 13 - No Cached
  • Republicans (and red state Democrats) used to tell voters amazing things about their opposition to amnesty. Then they got elected and supported legislation that actually weakens border security and puts people on a path not just to legalization, but to citizenship, before ever securing our borders.
  • 1. Rubio: “I would vote against anything that grants amnesty because I think it destroys your ability to enforce the existing law and I think it’s unfair to the people who are standing in line and waiting to come in legally. I would vote against anything that has amnesty in it.”
  • 2. Corker: “We need a new immigration policy that reflects America’s values. First, secure this border. Allow people to work here but only if they’re legal. No amnesty. Those employed but here illegally must go home and return through legal channels.”
  • ...21 more annotations...
  • 3. Wicker: “I agree that illegal immigration is a major issue that needs to be addressed. However, I oppose amnesty as the solution.”
  • 7. Heller: “I believe it is an amnesty program, a back-door amnesty program for the 12 to 15 million people who are here illegally.”
  • 5. Flake: “I’ve been down that road, and it is a dead end. The political realities in Washington are such that a comprehensive solution is not possible, or even desirable given the current leadership. Border security must be addressed before other reforms are tackled.”
  • 6. Hatch: “We can no longer grant amnesty. I fought against the 1986 Simpson-Mazzoli bill because they granted amnesty to 3 million people. They should have to get in line like anybody else if they want to come into this country and do it legally.”
  • 4. Ayotte: “For the people who are here illegally, I don’t support amnesty; it’s wrong. It’s wrong to the people who are waiting in line here, who have waited for so long. And we need to stop that because I think that’s where the Administration is heading next.”
  • 12. Graham: Amid withering criticism from his constituents, Graham — who is up for reelection next year — began to argue that it was time to approach the immigration problem in stages. On Thursday, he likened the decisive vote to pass his amendment to “having been robbed 12 million times and finally getting around to putting a lock on the door.”
  • 9. Collins: Before 2008 reelection, voted no on McCain-Kennedy amnesty
  • 10. Hoeven: Hoeven said the U.S. needs to secure its borders and crack down on employers who hire illegal immigrants.
  • 11. McCain: “Complete the danged fence.”
  • 8. Alexander: “We cannot restore a system of legal immigration – which is the real American Dream – if we undermine it by granting new benefits to those who are here illegally.”
  • 13. Kirk: “The American people believe our borders are broken. It is a fundamental duty of our government to know who is entering the country, making illegal entry nearly impossible. In the coming Congress, we have an overwhelming bipartisan consensus to restore confidence in the security of our borders — before we pursue other immigration proposals.”
  • 14. Murkowski: “With regard to undocumented aliens, I believe that those who illegally entered or remained in the United States should not be granted amnesty. Granting amnesty to illegal aliens sends the wrong message and is not fair to the vast majority of immigrants who abided by U.S. immigration laws. Granting amnesty would only encourage further illegal immigration.”
  • 15. Chisea: Joined most other Republicans, including opponents of the legislation, in supporting a proposal — which was defeated largely along party lines — that would have blocked legalization until the government can prove U.S. borders are secure. Chiesa said he sees border security as a top priority given his law enforcement background, and has yet to decide his stance on citizenship for immigrants without authorization.
  • Red State Democrats
  • 1. Pryor: “I voted against the president’s immigration plan today because the border security and enforcement measures are inadequate and the bill fails to effectively address the individuals who are already here illegally.” Pryor says it’s time for changes, “It’s time for a new approach. I advocate that we strengthen and implement the enforcement measures in this bill and show we can fully enforce immigration laws.”
  • 2. Tester: He wants secure borders and no amnesty for law breakers.
  • 3. Landrieu: “Sen. Landrieu is a leader in the U.S. Senate fighting against illegal immigration,” Schneider said. “She has fought against amnesty for illegal immigrants and to provide more resources for border security. The new NRSC attack is designed simply to mislead voters about Sen. Landrieu’s record.”
  • 4. Donnelly: “Eliminate amnesty because no one should ever be rewarded for breaking the law.”
  • 5. Hagan: Hagan said she supported increased border security and opposed amnesty.
  • 6. McCaskill: Claire does not support amnesty. As a former prosecutor, Claire believes people who break the law should be held accountable, both illegal immigrants and the employers who exploit them for cheap labor. Claire does not believe we need any new guest worker programs undermining American workers.
  • 7. Stabenow: Do you support path to citizenship for illegal immigrants? STABENOW: I voted no, because it went too far and cost us jobs. I do think it’s important to have border security and legal system that is fair and effective. My focus is on our jobs that we’re losing because of failed policies.
  • Gary Edwards on 25 Jun 13
     
    Good collection of statements and position summaries for Republican and Democrat Senators who yesterday voted for the latest Amnesty Bill.  Each had staked out a election position demanding the border be closed and that American jobs be protected.  Yet, here they are voting for an amnesty plan that will legalize over 46 million new Americans. There is no  doubt in my mind that Big Business supports cheap labor fully subsidized by the great American social safety net.  These corporate welfare queens want to pass the escalating cost of labor onto hapless taxpayers.  The Democrats get to rule a one party nation as these new "Federal" citizens loyalty to the is bought and paid for by the States.   And the middle class gets destroyed.   The last stronghold in the Marxist transformation of America handbook, "Rules for Radicals" by Saul Alinsky, is the middle class.  Alinsky had a plan to take it down, and this is the final nail. Still, I don't think any of these Senators are Marxists.  Obama is a Muslim Marxist, same as his father.  A real true believer.  But what were witnessing in America's destruction is not ideological.  It's all about the money.  Ideology is for the handful of idiots needed to put their lives on the line.  The rest can be handled with the one two punch of money and power.  And that's what we see with the amnesty Senators. The money comes from International Banksters and Big Business.  The power comes from having a position, bought with enormous amounts of cash, in the New World Order. Ideology is the facade that hides the enormity of this global power play.
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33% of Americans out of workforce, highest rate since 1978 - RT USA - 0 views

rt.com/...97-americans-labor-jobs-report U.S. jobs-report
shared by Paul Merrell on 09 Mar 15 - No Cached
  • The number of Americans aged 16 and older not participating in the labor force hit 92,898,000 in February, tying December’s record, according to data released by the Bureau of Labor Statistics (BLS). Over the longer trend, the labor force participation rate was between 62.9 percent and 62.7 percent from April 2014 through February, and has been hovering around 62.9 percent or lower in 13 of the 17 months since October 2013, the BLS data revealed. To put it another way, when President Obama took office in January 2009, there were 80,529,000 Americans who were not participating in the workforce, which means that 12,369,000 US citizens have left the workforce since then.
  • The number of Americans out of the workforce jumped by 354,000 last month. The last time the labor participation rate dropped below 63 percent was 37 years ago, in March 1978 when it was 62.8 percent.
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Another Dubious Jobs Report  :  Information Clearing House - ICH - 0 views

www.informationclearinghouse.info/article41161.htm economy jobs-report
shared by Paul Merrell on 09 Mar 15 - No Cached
  • By Paul Craig Roberts According to the payroll jobs report today (March 6) the economy created 295,000 new jobs in February, dropping the rate of unemployment to 5.5%. However, the BLS also reported that the labor force participation rate fell and the number of people not in the labor force rose by 354,000. In other words, the unemployment rate dropped because the labor force shrunk. If the economy was in recovery, the labor force would be growing and the labor force participation rate would be rising.
  • Paul Merrell on 09 Mar 15
     
    "The 295,000 claimed new jobs are highly suspect. For example, the report claims 32,000 new retail jobs, but the Census Bureau reports that retail sales declined in December and January. Why would retailers experiencing declining sales hire more employees? Construction spending declined 1.1% in January, but the payroll jobs report says 29,000 construction jobs were added in February. Zero Hedge reports that the decline in the oil price has resulted in almost 40,000 laid off workers during January and February, but the payroll jobs report only finds 2,900 lost jobs in oil for the two months. http://www.zerohedge.com/news/2015-03-06/did-bls-once-again-forget-count-tens-thousands-energy-job-losses There is no sign in the payroll jobs report of the large lay-offs by IBM and Hewlett Packard. These and other inconsistencies do not inspire confidence. By ignoring the inconsistencies the financial press does not inspire confidence. "
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75 Economic Numbers From 2012 That Are Almost Too Crazy To Believe - 0 views

theeconomiccollapseblog.com/...re-almost-too-crazy-to-believe economic-collapse Obammunism Obamanomics
shared by Gary Edwards on 13 Jan 13 - No Cached
  • Gary Edwards on 13 Jan 13
     
    Thanks to Marbux we have this extraordinary collection of facts and figures describing the economic catastrophe that has hit the USA.  excerpt: "What a year 2012 has been!  The mainstream media continues to tell us what a "great job" the Obama administration and the Federal Reserve are doing of managing the economy, but meanwhile things just continue to get even worse for the poor and the middle class.  It is imperative that we educate the American people about the true condition of our economy and about why all of this is happening.  If nothing is done, our debt problems will continue to get worse, millions of jobs will continue to leave the country, small businesses will continue to be suffocated, the middle class will continue to collapse, and poverty in the United States will continue to explode.  Just "tweaking" things slightly is not going to fix our economy.  We need a fundamental change in direction.  Right now we are living in a bubble of debt-fueled false prosperity that allows us to continue to consume far more wealth than we produce, but when that bubble bursts we are going to experience the most painful economic "adjustment" that America has ever gone through.  We need to be able to explain to our fellow Americans what is coming, why it is coming and what needs to be done.  Hopefully the crazy economic numbers that I have included in this article will be shocking enough to wake some people up. The end of the year is a time when people tend to gather with family and friends more than they do during the rest of the year.  Hopefully many of you will use the list below as a tool to help start some conversations about the coming economic collapse with your loved ones.  Sadly, most Americans still tend to doubt that we are heading into economic oblivion.  So if you have someone among your family and friends that believes that everything is going to be "just fine", just show them these numbers.  They are a good summary of the problems that the U
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Applying Conservative Principles To Immigration | Marco Rubio @ RedState - 0 views

www.redstate.com/...tive-principles-to-immigration Marco-Rubio Immigration
shared by Gary Edwards on 31 Jan 13 - No Cached
  • Gary Edwards on 31 Jan 13
     
    Excellent explanation of Senator Rubio's Immigration plan. excerpts: First, we would modernize our legal immigration system. In essence, we create one that meets the needs this country has in this new century. For example, while I support our family-based system of immigration, we can no longer afford to have less than ten percent of our immigration based on skill and talent. We need a functional guest worker program so that, in times of low unemployment and rapid economic growth, our industries have the labor they need to continue growing. And we need an agricultural worker program that allows our growers to contract the seasonal and year round labor they need legally. Second, we need real enforcement mechanisms. An employment verification system is the key to this. We have the technology to implement such a system, so we just need to do it. Over 40 percent of our illegal immigrants entered legally and overstayed their visas. That's why we need to have a complete system of tracking the entry and exit of visitors, using the technologies available to us today. And we need to achieve control of our borders. This is not just an immigration issue; this is a national security and sovereignty issue. And it can be done. The southern border is actually divided into nine separate sectors. There has been progress made in some sectors and not enough on others. We need to establish the high probability of intercepting illegal crossings in each of these sectors in a timely and effective manner. And third, we have to deal with those who are here now without documents. I am not happy about the fact that we face this problem. But we do. Most of these are people who will be here for the rest of their lives with or without documents, so it is in our best interest to deal with them and to make sure this never happens again." "As I have clearly stated, I will not engage in a bidding war with the President to see who can come up with the fastest and cheapest path to citizenship. T
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US Corporations Used Personal Armies To Uproot, Terrorize Colombia - 0 views

www.mintpressnews.com/...222821 war & peace corporate-wars Columbia Coke Chiquita BP United-Fruit
shared by Paul Merrell on 07 Dec 16 - No Cached
  • Some of the numerous foreign corporations accused of serious human rights abuses in Colombia include fruit companies Dole, Del Monte, and Chiquita, agribusiness giant Cargill, and other representatives of the fossil fuel industry like Texaco (formerly Texas Petroleum Company) and Exxon Mobil. Heeding corporate orders, paramilitary groups murdered union and labor rights activists, tortured and terrorized countless indigenous and Afro-Colombian people, and devastated entire villages of subsistence farmers to make way for mining, fossil fuel extraction, or plantations that would bring massive profits to foreign corporations. The Colombian military — and, in at least one high-profile massacre, the U.S. military — sometimes lent a hand in these human rights crimes. “Every human rights person I work with in Colombia believes the peace process is a necessary precondition” to ending corporate exploitation of Colombia, Dan Kovalik, a human rights and labor rights lawyer who teaches at the University of Pittsburgh School of Law, told MintPress News.
  • In court, “Chiquita admitted to paying paramilitaries and giving them 3,000 Kalashnikov rifles between 1997 and 2004,” Kovalik said. Chiquita allied with the United Auto-Defense Forces of Colombia (AUC), one of the country’s most violent paramilitary groups, Steven Cohen noted in a report for ThinkProgress in 2014. The AUC, a group once designated as a terrorist group by the U.S. government, is responsible for thousands of deaths in Colombia. It turns out that Chiquita had been playing both sides of the conflict. Cohen reported: “By its own account, Chiquita made at least 100 payments — $1.7 million in total — to the AUC between 1997 and 2004. In the decade prior to that, the company had maintained a similar arrangement with the Revolutionary Armed Forces of Colombia (FARC), the nominally leftist rebel group chased out of the region by the combined (and coordinated) efforts of the AUC and Colombian military.”
  • “There’s been some recent reports that [Chiquita’s funding of paramilitaries] may have continued until very recently through a subsidiary,” Kovalik added. While these allegations remain unproven in court, they do suggest a staggering number of victims. Multiple lawsuits were consolidated in 2011, accusing Chiquita of being involved in the killings of as many as 4,000 Colombian nationals. While the evidence is clearest in the case of Chiquita, other international banana growers are suspect as well. “According to Salvatore Mancuso, a high-ranking paramilitarian in U.S. prison, Dole and Del Monte also worked with the paramilitaries,” Kovalik said. “All the banana companies have.” Mancuso is currently serving a 15-year sentence in a federal prison and has been spoken openly about the influence that corporations like Chiquita hold in Colombia.
  • ...6 more annotations...
  • The influence of banana growers in Colombia pre-dates the ongoing civil war. In 1928, the Colombian government brutally shut down a strike by United Fruit Company banana pickers under threat from the U.S. government. Some estimates put the death toll from the military action as high as 2,000, including workers, women and children. United Fruit was once one of the most powerful corporations in the world, manipulating the governments and economies of multiple Latin American countries. Chiquita was a trademark of United Fruit until 1990, when the company renamed itself Chiquita Brands International in an effort to rehabilitate its image. (Chiquita was purchased by two Brazilian companies in 2015, and is now headquartered in Switzerland.)
  • “It should be noted under the peace agreement, at least the one that went down in October, Coca-Cola was one of the companies named [that will be] subjected to further investigation for paramilitary ties,” Kovalik said. Coca-Cola, or at least its Colombian bottlers, have also been linked to paramilitary groups and human rights abuses. The bottlers and the company’s Atlanta headquarters have faced multiple lawsuits over attacks on union organizers. A 2010 documentary, “The Coca-Cola Case,” focused on the soda giant’s role in turning Colombia into the “trade union murder capital of the world,” June Chua wrote in a review for Rabble.ca that year.
  • Colombia is rich with resources that foreign corporations are eager to exploit, particularly in the mining, agriculture, and biofuels industries. “Mining is probably the biggest threat now to indigenous people, Afro-Colombians and peasants, and will continue to be as the peace agreement goes forward,” Kovalik added. Justin Podur, an author and global political analyst, told MintPress that Colombian human rights activists frequently say that “displacement in Colombia is not a side effect of the war, it’s really the point of the war.” Whether by design or coincidence, decades of unrest created fertile ground for profit.
  • In one of the most shocking examples of fossil fuel companies supporting the death and displacement of Colombian people, Kovalik highlighted the “the Santo Domingo massacre, in which Occidental Petroleum were part of an operation to bomb the Santo Domingo community.”
  • In a 2005 article for Z Net on the massacre, Kovalik and Luis Galvis explained: “On December 13, 1998, in what has become one of the most notorious war crimes in Colombia, the hamlet of Santo Domingo was attacked by a U.S. cluster bomb from a Colombian Air Force helicopter. Seventeen civilians, including 7 children, were killed as a result of the bombing.” In 2002, the Los Angeles Times revealed that the bombing had actually been carried out at the behest of, and with the assistance of, the Houston-based oil company which had its headquarters in Los Angeles at the time. Times staff writer T. Christian Miller wrote: “Los Angeles-based Occidental Petroleum, which runs an oil complex 30 miles north of Santo Domingo, provided crucial assistance to the operation. It supplied, directly or through contractors, troop transportation, planning facilities and fuel to Colombian military aircraft, including the helicopter crew accused of dropping the bomb.”
  • And, earlier this year, Gilberto Torres, a Colombian union activist, sued BP in London. He alleges that in 2002, he was kidnapped and tortured for 42 days by paramilitaries who were following orders from the oil giant.
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Executive Doomsday Order: Obama Authorizes Gov to Seize Farms, Food, Processing Plants,... - 1 views

www.shtfplan.com/...ng-national-emergency_03182012 Obama-destroy-the-Constitution-effort Obama-martial-law executive-orders
shared by Gary Edwards on 19 Mar 12 - No Cached
  • Gary Edwards on 19 Mar 12
     
    Good summary of the most recent and entirely un-Constitutional act of definace and tyranny.  Keep in mind that Obama does not have the authority to suspend or alter any natural rights, especially those specifically protected by the Constitution from any and all branches of the federal government.  Nor does Congress have the authority to grant that power.  There is only one way to alter the Constitution, and that is through an onerous amendment process requiring the approval of 2/3 rds the States. Recall also that in 1798, the passage of the Alien & Sedition Act similarly sought to compromise the Constitution and reatly expand the authority of the Feds.  Thomas Jefferson, author of the Declaration of Independence, and James Madison, author of the Constitution, fought and defeated the A&S Act by going directly to the State Legislatures to force their US Senators to repeal the A&S Act.  This worked extremely well; but that was before the 17th Amendment separated US Senators from their State Legislatures. Still, i think the approach holds.  I suggest we petition the State Legislatures to declare these Executive Orders and Martial Law Congressional authorizations Un-Constitutional; taking the arguments directly to the Supreme Court.  Immediately. excerpt: As of March 16, 2012, your land, your food, your water and your abilities as a laborer are now a wholly owned subsidiary of the United States government at any time they choose to initiate the provisions of this order, which according to the order itself, can be during an emergency or a non-emergency. While some reports indicate that the general impact of this new executive order is negligible, when considered with the broader implications including the  introduction and passage of laws allowing for the indefinite detention of American citizens without charge or trial, restricting the general assembly of individuals to protest, the establishment of an internet 'kill switch' contingency plan and jamming
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And just like that,1.2 million workers vanished - 0 views

www.westernfreepress.com/...at1-2-million-workers-vanished Obammunism unemployment-numbers
shared by Gary Edwards on 07 Feb 12 - No Cached
  • Gary Edwards on 07 Feb 12
     
    The Potemkin Village that is the foundation of Obammunomics is starting to crumble. What happened to the missing 1.2 million workers? Were they abducted by alien invaders? Or black bagged in the dark by NDAA night riders and trucked off to the gulag? Simon Black and Zero Hedge have been shouting loudly for years that the emperor has no clothes. Now, to poach a phrase from that great Obammunist, the Revered Jeremiah Wright, "the chickens are coming home to roost." The numbers can only be fudged so far. And out money shot is: "the end result is that in January, those "not in the labor force" did in fact rise by 1.2 million (whether compared to December or to 2011 - please, go ahead and check as many times as needed), and the labor force participation rate dropped to a new 30 year low of 63.7%, a number which incidentally only has to drop by 5% more for the BLS to report zero, or even a negative, unemployment rate." Incredible.
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Americans on Wrong Side of Income Gap Run Out of Means to Cope - 0 views

www.moneynews.com/...544365 financial-collapse income inequality statistics Obama Boehner
shared by Paul Merrell on 02 Jan 14 - No Cached
  • “We’ve exhausted our coping mechanisms,” said Alan Krueger, an economics professor at Princeton University in New Jersey and former chairman of President Barack Obama’s Council of Economic Advisers. “They weren’t sustainable.” The result has been a downsizing of expectations. By almost two to one — 64 percent to 33 percent — Americans say the U.S. no longer offers everyone an equal chance to get ahead, according to the latest Bloomberg National Poll. The lack of faith is especially pronounced among those making less than $50,000 a year, with close to three-quarters in the Dec. 6-9 survey saying the economy is unfair.
  • The diminished expectations have implications for the economy. Workers are clinging to their jobs as prospects fade for higher-paying employment. Households are socking away more money and charging less on credit cards. And young adults are living with their parents longer rather than venturing out on their own. In the meantime, record-high stock prices are enriching wealthier Americans, exacerbating polarization and bringing income inequality to the political forefront. Even independent government agencies like the Securities and Exchange Commission and the Federal Reserve have been dragged into the debate.
  • “The basic bargain at the heart of our economy has frayed,” Obama said in a Dec. 4 speech in Washington. “This is the defining challenge of our time: Making sure our economy works for every working American.” Democratic lawmakers also intend to press next year for a higher minimum wage to tackle the yawning gap between rich and poor, Durbin said. Republicans aren’t ceding the issue. “The American dream is certainly more in doubt than in decades,” House Speaker John Boehner of Ohio said in response to Obama’s speech. “But after more than five years in office, the president has no one to blame but himself.”
  • ...11 more annotations...
  • Income inequality has been rising more or less steadily since the mid-1970s. The Gini coefficient, a broad-based measure of inequality, stood at a record high last year, according to Census Bureau data dating back 46 years.
  • Women who became unemployed during the recession and its aftermath have been slower to find new positions. Among women losing jobs they’d held for at least three years between January 2009 and the end of 2011, 50 percent were re-employed by the start of 2012, while the share for men was 61 percent, according to a Bureau of Labor Statistics report released in February. Households turned to stepped-up borrowing to help make ends meet, until that avenue was shut off by the collapse of house prices. About 10.8 million homeowners still owed more money on their mortgages than their properties were worth in the third quarter, according to Seattle-based Zillow Inc. The fallout has made many Americans less inclined to take risks. The quits rate — the proportion of Americans in the workforce who voluntarily left their jobs — stood at 1.7 percent in October. While that’s up from 1.5 percent a year earlier, it’s below the 2.2 percent average for 2006, the year house prices started falling, government data show.
  • “The middle has really collapsed,” said Lawrence Katz, an economics professor at Harvard University in Cambridge, Massachusetts, and a former chief economist at the Labor Department in Washington. Even those with college degrees are having trouble keeping up, he said. While they earn more than those with less schooling, they’ve seen no real wage growth in recent years. The median income of men 25 years of age and older with a bachelor’s degree was $56,656 last year, 10 percent less than in 2007 after taking account of inflation, according to Census data.
  • It’s the richest of the rich who are reaping the most benefit as an increasingly interconnected and technologically sophisticated world puts a premium on those perceived to have the highest skills — a phenomenon dubbed “winner take all” by Cornell University Professor Robert Frank. Government policies also play a role. The Treasury Department, for instance, taxes capital gains racked up by the wealthy on the sale of shares, bonds and other assets at about half the rate of ordinary income. The top 1 percent captured 95 percent of the gains in incomes in the first three years of the recovery, based on analysis of tax returns by Saez. Those less well-off, meanwhile, are running out of ways to cope. The percentage of working-age women who are in the labor force steadily climbed from a post-World War II low of 32 percent to a peak of 60.3 percent in April 2000, fueling a jump in dual-income households and helping Americans deal with slow wage growth for a while. Since the recession ended, the workforce participation rate for women has been in decline, echoing a longer-running trend among men. November data showed 57 percent of women in the labor force and 69.4 percent of men.
  • The disparity has widened since the recovery began in mid-2009. The richest 10 percent of Americans earned a larger share of income last year than at any time since 1917, according to Emmanuel Saez, an economist at the University of California at Berkeley. Those in the top one-tenth of income distribution made at least $146,000 in 2012, almost 12 times what those in the bottom tenth made, Census Bureau data show. Economists have posited a variety of explanations for the growing differences in incomes. Manufacturing companies moved once high-paying jobs abroad, to China and elsewhere. Technological advances led to the loss of clerical and office work, especially relating to routine tasks. The decline of unions — 11.3 percent of workers were represented in 2012 compared with 20.1 percent in 1983 — has advantaged bosses at the expense of their employees.
  • Millennials — adults aged 18 to 32 — are still slow to set out on their own more than four years after the recession ended, according to an Oct. 18 report by the Pew Research Center in Washington. Just over one in three head their own households, close to a 38-year low set in 2010. Obama has proposed a raft of policies to attack the widening wage gap — from simplifying the tax code and increasing exports to enhancing worker training and boosting pre-kindergarten education. Yet in a divided Washington he hasn’t made much progress pushing them through. The president’s renewed focus on income inequality has more to do with politics than policy, said Douglas Holtz-Eakin, president of the American Action Forum, a self-described center- right institute in Washington.
  • “It’s great politics to demagogue income distribution and complain about the rich getting ahead and the poor falling behind,” said Holtz-Eakin, a former Congressional Budget Office director. “The substance of what he’s actually done doesn’t match the enormity of the problem as he’s portrayed it.”
  • The wage-gap debate has reverberated to other parts of Washington, as the SEC published a rule Sept. 18 that would compel public companies to reveal pay ratios between chief executives and their employees. While businesses have decried the requirement as overreach, some investors welcome the data as a way to help assess a company’s health.
  • Across companies in the S&P 500, the average multiple of CEO compensation to that of rank-and-file workers is 204, up 20 percent since 2009, according to data compiled by Bloomberg in April. The Fed also has been caught up in the debate over growing income disparities. Lawmakers from both parties have questioned whether its bond-buying policy, called quantitative easing, has benefited the rich at the expense of those less well-off by boosting prices of stocks and other assets.
  • The S&P 500 stock index has risen 29 percent in 2013. The richest third of U.S. households account for 89 percent of all equities ownership, according to the Center for Retirement Research at Boston College.
  • Janet Yellen, nominated to take over as Fed chairman next year, defended the central bank’s actions at a Senate Banking Committee hearing on Nov. 14. “The policies we’ve undertaken have been meant to generate a robust recovery,” Yellen told the committee. The growing calls for action to reduce income inequality have translated into a national push for a higher minimum wage. Fast-food workers in 100 cities took to the streets Dec. 5 to demand a $15 hourly salary.
  • Paul Merrell on 02 Jan 14
     
    Monetary policy of, by, and for banksters continues in the U.S. One irony is that banksters press for transition to an all digital currency so that savers can be penalized, a blatant "trickle-up"economic policy, whilst also pressing for more bank bailouts, wielding the thoroughly-discredited "trickle down" economic theory. But "trickle down" theory, in the context of bank bailouts, has not successfully trickled down and the only beneficiaries have been the few Americans who can still invest in the stock market, paying the highest dividends to the wealthiest among us. Has their ever been a time when the stock market's behavior has been so divorced from the well-being of the middle and lower economic classes? I doubt there has been at least in the last 50 years. Where would we be if the bank bail-out trillions had instead been mailed as checks to the middle and lower economic classes? "Trickle up" works and that is what built the American economy to its peak in inflation-adjusted dollars -- an affluent middle class. But do not expect leadership from Washington, D.C. in correcting income inquequality; only political rhetoric and a fight over extension of unemployment benefits, now lapsed. "According to the World Bank, the GINI coefficient "measures the extent to which the distribution of income or consumption expenditure among individuals households within an economy deviates from a perfectly equal distribution." Therefore it is used as an indication of income inequality within countries. ... In the late 2000s, Chile had the highest GINI coefficient, after taxes and transfers, among OECD member countries. The United States, Turkey and Mexico came right before it. At the other end of the scale, Slovenia, Denmark and Norway led the ranking with the lowest levels of income inequality." http://www.gfmag.com/tools/global-database/economic-data/11944-wealth-distribution-income-inequality.html#ixzz2pGpv4xGZ Higher minimum wages? How about instead abolishing the Feder
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Rad Geek People's Daily 2005-12-20 - Lazy linking on Leftist labor libertarianism - 0 views

radgeek.com/...lazy_linking Libertarians unions labor civil liberties
shared by Paul Merrell on 19 Jun 13 - No Cached
  • For a while now I’ve been urg­ing lib­er­tar­i­ans and the labor move­ment to take a more se­ri­ous and sym­pa­thet­ic look at one an­oth­er. (Cf. GT 2004-05-01: Free the Unions (and all po­lit­i­cal pris­on­ers!), GT 2005-03-23: El pueblo unido jamás será ven­ci­do! and GT 2005-03-31: Anar­quis­tas por La Causa for rep­re­sen­ta­tive ex­am­ples.) Just as with rad­i­cal lib­er­tar­i­an­ism and rad­i­cal fem­i­nism I think that the sup­pos­ed­ly ob­vi­ous and un­bridge­able op­po­si­tion be­tween the two is the re­sult more of ter­mi­no­log­i­cal dif­fi­cul­ties and shift­ing po­lit­i­cal al­liances over the course of the 20th cen­tu­ry than any deep or prin­ci­pled gulf. The best way to see this is with more en­gaged dis­cus­sion: fewer polemics, more his­to­ry, more earnest ques­tion­ing, and more lis­ten­ing. So I’m ex­cit­ed to see a lot of in­ter­est­ing new ma­te­r­i­al just in the past cou­ple of weeks from lib­er­tar­i­ans (most­ly but not ex­clu­sive­ly left-lib­er­tar­i­ans) try­ing to get clear on the ques­tions and ham­mer out some of the an­swers about the prospect for a lib­er­tar­i­an­ism that has a place for work­ers or­ga­niz­ing freely, and a wild­cat labor move­ment that frees it­self from the smoth­er­ing pa­tron­age of the State. Here’s a bit of lazy link­ing to the dis­cus­sion so far.
  • Paul Merrell on 19 Jun 13
     
    Food for thought. 
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The Business Offensive: A Symmetrical Ruling Class - 0 views

www.counterpunch.org/...ive-a-symmetrical-ruling-class Ruling-Class American-Oligarchy Corporate-Oligarchs Corporate-Facsists
shared by Gary Edwards on 05 Nov 15 - No Cached
  • Since the close of World War II, America has sought an integrated policy as the militarization of capitalism
  • In the intervening years, this was not always easy to achieve, as, depending on circumstances, one or the other, the corporate-financial order, and the military itself, asserted itself and made strong demands on government.
  • the Cold War itself providing a cover for the US globalization of power via market penetration, international financial and monetary architecture under US supervision, and the steady build-up of an Armaments State.
  • ...16 more annotations...
  • Yet, the dynamism of early modern capitalism, realized in part through grinding methods of labor suppression, notably, the privatization of force, helped on by a compliant government, meant that within capitalism itself there was tremendous jockeying for power requiring the imposition of Order if major railroads and industrial firms were to enjoy their secure monopoly status.
  • Here government was crucial to harmonious internal structural arrangements, anticompetitive in its policies for the promotion of monopolism sector-by-sector including banking (the House of Morgan, whose offshoots firmed up the organization of railroads and manufacturing) as the means to systemic consolidation—an end to internecine competition—which was achieved in the early 20th century under Theodore Roosevelt and Woodrow Wilson (themselves the Janus-faced construct of the Battleship Navy and supposed liberal internationalism) setting the stage for the present era.
  • In practice, we see the interpenetration of business and government as the integration of monopoly capitalism in its own right.
  • By the late 1940s one can say that the military remained a junior partner of a synthesized ruling group or class, given the overwhelming thrust of business and its ascendant banking wing in defining American capitalism.
  • American capitalism could no longer go it alone, the military increasingly supplying the muscle for continued expansion and profitability. Korea and Vietnam were important chapters in the reshaping of a capitalist polity, with numerous interventions beyond mention the underpinning for a coalescent framework of elites, all making for a structural process of shaking down to the bare essentials the capitalist and military components in search of equilibrium. For otherwise, America feared its decline and would do anything to prevent.
  • Granted, it is hard to conceive of capitalism as a perpetual war machine, especially in America, which labors under the fiction of being, or if it ever was, then remaining, a democracy.
  • But there it is, an arms budget dwarfing all else, military bases strategically gathered worldwide, death squads euphemistically termed Special Ops, presidential-directed drone assassinations, the list goes on—so much so that one almost forgets capitalism is centrally about business and profits, not murder and mayhem.
  • the Great Capitalist Synthesis
  • an accomplice to the more successful militarization of capitalism by holding its own as an integral part in the relationship. In sum, the desideratum of business as usual, as in fleecing the consumer and jeopardizing his/her safety, destroying the environment, and best of all, removing itself from the constitutional foundations of the rule of law.
  • Corporations and banks have become a law unto themselves, with all the organs of government stretching from the Executive, Congress, the Supreme Court, to myriad regulatory agencies some unbeknownst to the public, sitting as a chorus of admiring voices egging them on.
  • Corporate Rescindment of Legal Rights: Business Power Run Amuck,
  • Class-action law suits, frequently the only feasible action of the poor for seeking redress of grievances against the giant corporations, are all but prohibited, replaced in contracts by compulsory-arbitration clauses, intended in the first place to kill class actions, which compel the individual standing alone to face insurmountable odds in a process by which the corporation names the arbitrator, keeps the proceedings secret, and determines the rules of procedure.
  • Civil courts are thrown to the winds.
  • It is as though capitalism, in this one seemingly minor area touching primarily the normalization of everyday relationships, has gone on the offensive, not of course to re-establish its relation to the military, but specifically and directly to exercise its domination over the people.
  • The now-and-future business polity is the fulfillment of the fascist dream, an authoritarian power structure of corporate consolidation supported through governmental suppression of dissent at home and an aggressively waged foreign policy to capture world markets.
  • The small print of the contracts one signs, whether for car rentals or nursing homes, and thousands of transactions in between, emboldens capitalism to go its solipsistic way, to the destruction of freedom, the planet, and human dignity.
  • Gary Edwards on 05 Nov 15
     
    "Since the close of World War II, America has sought an integrated policy as the militarization of capitalism. In the intervening years, this was not always easy to achieve, as, depending on circumstances, one or the other, the corporate-financial order, and the military itself, asserted itself and made strong demands on government. The result was never an intracompetitive mold because each needed and recognized the value of the other, but still there were periods of imbalance in their respective surges of governmental policy-emphasis. American capitalism had become a functional duopoly (C. Wright Mills' Power Elite was a good popular discussion of this general structure at an earlier point in our capitalist-development trajectory after the war), the Cold War itself providing a cover for the US globalization of power via market penetration, international financial and monetary architecture under US supervision, and the steady build-up of an Armaments State. There is nothing actually new here about the American historical pattern, except of course the more explicit and pronounced role to be assigned the military in the stabilization and expansion of American capitalism. The military was never at any point following the Civil War a negligible input in synthesizing the materials for an operational ruling class, but essentially, as in the late-19th century policy of the Open Door, business was sufficiently confident of its own power (the "imperialism of free trade") to carry forward the process of expansion largely on its own. Yet, the dynamism of early modern capitalism, realized in part through grinding methods of labor suppression, notably, the privatization of force, helped on by a compliant government, meant that within capitalism itself there was tremendous jockeying for power requiring the imposition of Order if major railroads and industrial firms were to enjoy their secure monopoly status."
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Josh Mandel: Welders Make $150,000? Bring Back Shop Class - WSJ.com - 0 views

online.wsj.com/...702303663604579501801872226532 offshoring trade-union-busting skilled-labor-shortage
shared by Paul Merrell on 24 Apr 14 - No Cached
  • In American high schools, it is becoming increasingly hard to defend the vanishing of shop class from the curriculum. The trend began in the 1970s, when it became conventional wisdom that a four-year college degree was essential. As Forbes magazine reported in 2012, 90% of shop classes have been eliminated for the Los Angeles unified school district's 660,000 students. Yet a 2012 Bureau of Labor Statistics study shows that 48% of all college graduates are working in jobs that don't require a four-year degree.
  • A good trade to consider: welding. I recently visited Pioneer Pipe in the Utica and Marcellus shale area of Ohio and learned that last year the company paid 60 of its welders more than $150,000 and two of its welders over $200,000. The owner, Dave Archer, said he has had to turn down orders because he can't find enough skilled welders.
  • According to the 2011 Skills Gap Survey by the Manufacturing Institute, about 600,000 manufacturing jobs are unfilled nationally because employers can't find qualified workers. To help produce a new generation of welders, pipe-fitters, electricians, carpenters, machinists and other skilled tradesmen, high schools should introduce students to the pleasure and pride they can take in making and building things in shop class. American employers are so yearning to motivate young people to work in manufacturing and the skilled trades that many are willing to pay to train and recruit future laborers.
  • Paul Merrell on 24 Apr 14
     
    The wisdom of offshoring manufacturing jobs and busting trade unions bites the U.S. in the bohunkus; a shortage of skilled tradesmen.  
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