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Paul Merrell

Meeting of the Valdai International Discussion Club * President of Russia - 0 views

  • President of Russia Vladimir Putin: Colleagues, ladies and gentlemen,Allow me to greet you here at this regular meeting of the Valdai International Club.
  • Why is it that the efforts of, say, our American partners and their allies in their struggle against the Islamic State has not produced any tangible results? Obviously, this is not about any lack of military equipment or potential. Clearly, the United States has a huge potential, the biggest military potential in the world, only double crossing is never easy. You declare war on terrorists and simultaneously try to use some of them to arrange the figures on the Middle East board in your own interests, as you may think.
  • The end of the Cold War put an end to ideological opposition, but the basis for arguments and geopolitical conflicts remained. All states have always had and will continue to have their own diverse interests, while the course of world history has always been accompanied by competition between nations and their alliances. In my view, this is absolutely natural.The main thing is to ensure that this competition develops within the framework of fixed political, legal and moral norms and rules. Otherwise, competition and conflicts of interest may lead to acute crises and dramatic outbursts.We have seen this happen many times in the past. Today, unfortunately, we have again come across similar situations. Attempts to promote a model of unilateral domination, as I have said on numerous occasions, have led to an imbalance in the system of international law and global regulation, which means there is a threat, and political, economic or military competition may get out of control.
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  • Why is it that the efforts of, say, our American partners and their allies in their struggle against the Islamic State has not produced any tangible results? Obviously, this is not about any lack of military equipment or potential. Clearly, the United States has a huge potential, the biggest military potential in the world, only double crossing is never easy. You declare war on terrorists and simultaneously try to use some of them to arrange the figures on the Middle East board in your own interests, as you may think.
  • This year the discussion focusses on issues of war and peace. This topic has clearly been the concern of humanity throughout its history. Back in ancient times, in antiquity people argued about the nature, the causes of conflicts, about the fair and unfair use of force, of whether wars would always accompany the development of civilisation, broken only by ceasefires, or would the time come when arguments and conflicts are resolved without war.
  • President of Russia Vladimir Putin: Colleagues, ladies and gentlemen,Allow me to greet you here at this regular meeting of the Valdai International Club.
  • It is impossible to combat terrorism in general if some terrorists are used as a battering ram to overthrow the regimes that are not to one’s liking. You cannot get rid of those terrorists, it is only an illusion to think you can get rid of them later, take power away from them or reach some agreement with them.
  • It is impossible to combat terrorism in general if some terrorists are used as a battering ram to overthrow the regimes that are not to one’s liking. You cannot get rid of those terrorists, it is only an illusion to think you can get rid of them later, take power away from them or reach some agreement with them. The situation in Libya is the best example here.
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    This is a must-read speech by Putin. He takes the U.S. soundly to task on a variety of war & peace issues, but bluntly accuses the U.S. of going soft on ISL and of using terrorist organizations as U.S. weapons. Regretfully, he's right, of course. 
Paul Merrell

Marco Rubio wins another neoconservative cash primary - Mondoweiss - 0 views

  •      As we’ve stated, FL Senator Marco Rubio is the neoconservative horse in the Republican race. His original backer Norman Braman says that the US must remain strong militarily so it can support Israel– and Rubio visited Israel for the first time in 2010 with Braman, days after he was elected to the Senate. There’s further evidence that Rubio is bought by pro-Israel forces, and that our press is unwilling to talk openly about the Israel lobby. The New York Times reports that Paul Singer, an “influential billionaire” has thrown his support to Marco Rubio. The piece never uses the word “neoconservative” and only mentions Israel three times in passing, and states that Singer has no litmus tests. But he clearly has a litmus test on ferocious support for Israel. Eli Clifton has documented Singer’s extensive contributions to rightwing pro-Israel groups: It has not only been AIPAC, Rubio, and the American Enterprise Institute… that have enjoyed Singer’s largesse… The Israel Project (TIP), now headed up by AIPAC’s former chief spokesperson Josh Block, has received increasingly large contributions from the billionaire. Singer gave $500,000 to the group in 2007 and $1 million in the 2012 tax year (the year Block took over the group’s leadership and the last year for which there are publicly available tax filings). That makes Singer one of TIP’s two largest donors since Block arrived.
  • Jeb Bush lost the Paul Singer primary in part because of his relationship to Jim Baker, who criticized Israeli settlement growth as an impediment to peace in a speech to J Street.
  • The Times also fails to state that Rubio has promised to reverse the Iran deal on his first day as president.
Paul Merrell

NATO, Russia must talk, security leaders say - POLITICO - 0 views

  • The downing of a Russian fighter jet by Turkey highlights the growing danger posed by a pattern of provocative military behavior by Moscow, U.S. and European security officials said Tuesday, calling for a revival of military-to-military talks between Russia and NATO that were shelved last year. The first-ever shoot-down of a Russian plane by a member of the Western alliance comes after months of brinkmanship by Russian forces on several continents and a series of NATO responses, including stepped-up military exercises, that have placed the former Cold War foes on a footing that at times has looked just short of war.Story Continued Below NATO leaders themselves seemed anxious to find a way to turn down the temperature after a Turkish F-16 destroyed a Russian Su-24 that Turkey claimed had crossed over from Syria. Turkish leaders called it at the least the fourth such incursion in recent weeks, while Russia maintains it did not breach Turkish airspace.
  • On Capitol Hill, Rep. Mike Turner, an Ohio Republican and a member of the Armed Services Committee who also serves as president of the NATO Parliamentary Assembly, said in a statement: "I echo NATO Secretary General Stoltenberg's sentiments calling for all NATO partners to deescalate tensions and focus on the fight against ISIL." Others from across the spectrum viewed the disputed incident as a potential opportunity to de-escalate what has increasingly become a dangerous game of cat and mouse. Some security experts said NATO and Russia should convene a special forum that was established expressly for the two sides to hold military discussions. The forum has atrophied since the alliance cut off most ties over Moscow's annexation of the Ukrainian peninsula of Crimea in March 2014. "The way the Russians have behaved in the last 18 months, sending submarines into harbors, simulating nuclear bombing missions against NATO countries, flying their aircraft without transponders, and having incursions into Turkish air space, something was going to happen," said Ivo Daalder, who stepped down as the U.S. ambassador to NATO in 2013. "Because we don't have mechanisms to talk about this there is a danger that this could lead to escalation."
  • A collection of former defense and foreign ministers of Britain, Poland, Russia, Germany, Turkey and France also reissued their call Tuesday to use the NATO-Russia Council, codified in 2002, to hammer out a broad agreement to "prevent accidental incidents or miscalculations leading to an escalation of tension and even confrontation." Two former NATO secretaries general endorsed the position. The stakes were already high before Tuesday. NATO reported more than 400 intercepts of Russian aircraft in 2014 — four times as much as the year before. Russia also reported that it has detected twice as many NATO fighter aircraft flying near its borders in 2014 than in 2013 — more than 3,000 in all.
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  • The report, compiled by the European Leadership Network, the Russian International Affairs Council, the Polish Institute of International Affairs and the International Strategic Research Organisation in Ankara, was funded by the nonprofit Carnegie Corp. of New York and Nuclear Threat Initiative. "Each side is convinced that its actions are justified by the negative changes in their security environment," the task force concluded. "Second, an action-reaction cycle is now in play that will be difficult to stop." Russia has also sent its combat aircraft dangerously close to American and Canadian airspace in recent years. Earlier this year, for example, the North American Air Defense Command reported that two Russian tu-95 Bear bombers were intercepted flying off the coast of Alaska near key U.S. military facilities. The NATO-Russia Council, which grew out of an agreement between the two former enemies in 1997, has been used successfully in the past to work through several highly sensitive disagreements.
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    NATO blinked before Russia did. That's a rebuff for Turkey. 
Paul Merrell

Maduro Makes Moves toward Economic Reform as New Poll Predicts PSUV Win | venezuelanalysis.com - 0 views

  • Venezuelan President Nicolas Maduro unveiled  a series of economic measures on Tuesday following the release of a new poll predicting a victory for the ruling United Socialist Party (PSUV) in December parliamentary elections. Among the measures are various modifications to Venezuela’s Fair Price Law aimed at fighting speculation by private retailers, which has become rampant amid soaring inflation.
  • A new category of maximum price will applied to all goods and services, stipulating a 30% maximum profit for retailers determined on the basis of “real costs of production and commercialization”. Within this new schema, importers will be entitled to a maximum profit of 20%, while domestic producers will be allowed to take in a 30% maximum gain in an effort to stimulate national production. By capping profits in each rung of the production chain, the government aims to put a halt to the speculative spiral rapidly driving up the prices of everyday goods, which constantly erodes the purchasing power of Venezuela’s popular sectors. Additionally, Maduro announced a modification applying to food and health services, a category, which the government says has been manipulated by private retailers. The new “Fair Price” registry will be determined unilaterally by Venezuela’s National Superintendence of Fair Prices over the next 30 days. In order to enforce the new “fair price” regime, Maduro also unveiled tougher punishments for speculation, which will be detected by evaluating the net income of private firms in light of new regulations on maximum price and maximum profit. The government will now impose steeper penalties on retailers who remark the price of goods, which may include jail time. Furthermore, the common practice of fixing prices on the basis of the parallel dollar will now be considered an offense. Apart from measures against speculation, Maduro also announced a 30% across-the-board salary increase for public sector workers and armed forces personnel, which comes on the heels of a 30% raise in the national minimum wage announced last week. The salary adjustment was coupled with the approval of 110,000 new pensioners as part of the national pension system, which has been massively expanded under the Bolivarian administrations of Chávez and Maduro.
  • Lastly, the Venezuelan president indicated that the ministries of industry and commerce would be fused in order to better coordinate efforts to combat speculation and guarantee the distribution of essential goods.
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    Socialist (and populist) Venezuela is under siege by right wing businessmen and the U.S. government, with two attempted coups in the last few years, one earlier this year. Hoarding of goods by businessmen opposed to the government in an attempt to undermine government support has been a big problem. The profit-capping measures just announced are directed at that problem. 
Paul Merrell

Apple's New Challenge: Learning How the U.S. Cracked Its iPhone - The New York Times - 0 views

  • Now that the United States government has cracked open an iPhone that belonged to a gunman in the San Bernardino, Calif., mass shooting without Apple’s help, the tech company is under pressure to find and fix the flaw.But unlike other cases where security vulnerabilities have cropped up, Apple may face a higher set of hurdles in ferreting out and repairing the particular iPhone hole that the government hacked.The challenges start with the lack of information about the method that the law enforcement authorities, with the aid of a third party, used to break into the iPhone of Syed Rizwan Farook, an attacker in the San Bernardino rampage last year. Federal officials have refused to identify the person, or organization, who helped crack the device, and have declined to specify the procedure used to open the iPhone. Apple also cannot obtain the device to reverse-engineer the problem, the way it would in other hacking situations.
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    It would make a very interesting Freedom of Information Act case if Apple sued under that Act to force disclosure of the security hole iPhone product defect the FBI exploited. I know of no interpretation of the law enforcement FOIA exemption that would justify FBI disclosure of the information. It might be alleged that the information is the trade secret of the company that disclosed the defect and exploit to the the FBI, but there's a very strong argument that the fact that the information was shared with the FBI waived the trade secrecy claim. And the notion that government is entitled to collect product security defects and exploit them without informing the exploited product's company of the specific defect is extremely weak.  Were I Tim Cook, I would have already told my lawyers to get cracking on filing the FOIA request with the FBI to get the legal ball rolling. 
Paul Merrell

US F-35 Fighter Jet Totaled in Crash Just One Day After Combat Debut - 0 views

  • BEAUFORT, SOUTH CAROLINA — According to several reports citing U.S. military sources, the Lockheed Martin-manufactured F-35 jet – the most expensive U.S. fighter jet ever and the most expensive weapon system in the world – crashed spectacularly on Friday, just one day after its first-ever successful airstrike, resulting in the “total loss” of the aircraft. The crashed plane, each of which costs U.S. taxpayers more than $100 million, was a U.S. Marine Corps F-35B and had taken off from a training squadron at the Marine Corps Air Station in Beaufort, South Carolina. The pilot safely ejected from the plane prior to the crash and there were no civilian injuries. The crash is the second “Class A mishap” – a military term for an incident resulting in at least $2 million in damages, the fatality or permanent total disability of the crew, or the total loss of the aircraft – to have occurred with an F-35 jet and marked the first time that a pilot ejected from the aircraft. However, the jets have also been the subject of other less serious incidents including other accidents and fires, such as when an F-35B burst into flames on a runway in 2016.
  • The military has yet to say what caused the crash, give any details about the pilot, or recount what occurred immediately prior to the crash. Despite the lack of details, the incident has led some to worry that the crash may indicate a wider, systemic problem with the aircraft, which could lead to the potential grounding of the entire F-35 fleet.
  • Notably, the incident comes after the U.S. military used the plane for the first time in a U.S. airstrike, which was conducted in Afghanistan last Thursday against a “fixed Taliban target.”
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  • Yet, the recent crash of the F-35 jet has brought renewed scrutiny to the program, which has long been controversial not only for its high cost but for long-standing concerns about the jet’s effectiveness in combat. Indeed, the F-35 jet program has been called one of the most egregious cases of government waste in regards to defense spending, ever. Furthermore, despite having been on the workbench for decades (its development began in 1992), the U.S.’ F-35 fleet is still not ready, though some F-35s were deployed abroad in 2015. However, the plane had never been used by the U.S. military for a combat mission until last Thursday. Worse still, the Pentagon has admitted that the jets won’t have a chance in a real combat situation and a recent test run saw the jets outperformed by a 40-year-old F-16. Despite the clear failure of the program, the U.S. government has continued to pour money into the jet’s development, making it the most expensive weapons system in U.S. history. In total, the program is on track to cost U.S. taxpayers over $1 trillion. Despite the setbacks of the F-35, the U.S. has continued to not only pour more money into the F-35 program itself but to award Lockheed Martin massive contracts in apparent ignorance of the terrible precedent set by the controversial fighter jet program. For instance, in August, the U.S. government awarded Lockheed Martin over $3 billion in new contracts in just two days after concerns were raised regarding missile system advances made by Russia and China.
Paul Merrell

Israel using 'strange gases' against protesters in Gaza - Middle East Monitor - 0 views

  • April 9, 2018 at 9:26 am Israeli occupation forces used “strange” and “unknown” gases against unarmed, peaceful protesters in Gaza, Quds Press reported the central commission for documentation and pursuit of Israeli war criminals –Tawtheeq saying. Head of the commission Imad Al-Baz told Quds Press that Israel used strange gases against the protesters for the first time last Friday as Palestinians continued their peaceful activities as part of the Great March of Return. The gases caused protesters’ bodies to convulse and tremble, he explained. Many lost consciousness as a result for several hours, he added. “We do not know the kind of gases which were used for the first time,” he said, “but we took cultures from the blood and urine of those affected and we expect the results will be shocking.”
  • Israeli occupation forces used unmanned drones to drop the gas on the demonstrators, Al-Baz said. Protesters were being targeted in their lower body, Al-Baz said, with 55 shot with live ammunition in their genitals, likely in an effort to cause infertility. Some 32 Palestinians have been killed since 30 March when the Right of Return March was launch. A further 2,850 were injured.
Paul Merrell

Daily Press Briefing - October 6, 2016 - 0 views

  • of Press Relations » Daily Press Briefings » 2016 » October » Daily Press Briefing - October 6, 2016John Kirby SpokespersonDaily Press Briefing Washington, DC October 6, 2016
  • MR KIRBY: Well, again, I think – and I think Mark walked you through this – there were three principal topics that they discussed. One was Syria; one was Ukraine; and the other, of course, was DPRK and our work inside the UN to pursue additional sanctions on the regime. The discussion on Syria focused on two things principally. One was the situation in Aleppo and the Secretary’s obvious and deep concern about the continued siege there and also about the potential to continue multilateral efforts to discuss the way ahead. And that’s – and that’s basically it. We certainly, when we said we were suspending U.S.-Russia bilateral engagement on the cessation of hostilities and the work to that end in Syria, there was never any expectation that the two foreign ministers wouldn’t speak about Syria again. And certainly, if we’re going to continue multilateral efforts, which we fully intend to do, whether it’s with the ISSG or other partners or through the UN, there’s no way you can do that without including Russia in that discussion. QUESTION: So and just – so are you trying to set up a meeting, for example? I mean, you’re talking about bilateral discussions. Are you trying to set up a meeting with other countries including Russia on this? MR KIRBY: I don’t have anything on the schedule to speak to today, but I certainly wouldn’t rule out the fact that there will be attempts and efforts through multi – through a multilateral fora to meet again and to try to work through this. I certainly wouldn’t rule that out. QUESTION: And just one other one. Given the failure of the previous efforts and given the main thing that you guys argued was that the carrot or the leverage you had was Russia’s eagerness for intelligence-sharing cooperation, et cetera, the JIC, what makes you think they’re going to be any more likely to work to halt or reduce the violence in a multilateral context absent those incentives than they were when they had the incentives on the table? MR KIRBY: We don’t know. We don’t know. That’s a call for them to make if they’re interested or willing in participating in a multilateral discussion or not. But speaking for Secretary Kerry, I can tell you that he fully intends to use multilateral efforts available to him, whether it’s the ISSG or the UN or something separate and distinct. Tom Shannon was in Berlin at the invitation of the German Government just yesterday to – a smaller but still multilateral discussion about Syria. The Secretary has every intent to continue to use those vehicles as best he can. But we don’t know whether Russia will come to those sessions. We don’t know whether they will do so --
  • QUESTION: Yeah, okay. And is there anything that you are doing to try to stop Aleppo from falling to the government, the Russian-backed government offensive, or have you kind of written it off? MR KIRBY: Nobody is writing off Aleppo. I think everybody’s deeply troubled and concerned about what appears to be a very continued, concerted, and if – and increased effort by the regime to conduct a siege and to take Aleppo. But -- QUESTION: Yeah. Are you doing anything to stop it? MR KIRBY: Well, we obviously are continuing – another reason why, as I said, they – Foreign Minister Lavrov and the Secretary spoke yesterday was the Secretary was expressing our concerns about what’s going on in Aleppo. We’re not turning a blind eye to that. And we still want – the short answer to your question is we’re still interested in pursuing a cessation of hostilities that can endure nationwide, and certainly in Aleppo. It’s just that now we’re going to have to pursue that goal through a multilateral effort and not any longer solely through a bilateral effort with Russia.
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  • QUESTION: Let me just follow up on the statement made by Brigadier General Konashenkov, the spokesman for the ministry of defense. He said that they have the 300 and the 400 and it’ll come out surprisingly and so on. Does that give you pause in contemplating a military option? MR KIRBY: Again, Said, I don't want to – I think it’s safe to assume that we’re looking at a full range of options here. And those comments notwithstanding, we still have a responsibility as a government to consider all those options. What we’ve also said is that none of the other options that we’ve talked about to date are any better or can lead – we don’t believe will lead to a better outcome than what we’re trying to pursue through diplomacy. And we’re still trying. Even though we’re suspending bilateral cooperation with Russia, we’re still trying to pursue diplomatic solutions here. And so I just don’t want to – I don’t think it’s useful or helpful for me to speculate one way or the other about these comments and the threats that they might embody. We have a responsibility to the Syrian people, to our allies and partners, and we take that responsibility seriously. And we’re approaching this conversation inside the government with that in mind.
  • QUESTION: In the event that a strike is decided upon and you take out certain, let’s say, runways or military facilities and so on, it would be just a punishment or would it be a la Desert Fox back in 1998 in Iraq? Or would it be something that is sustained to basically – like Libya, to overthrow the regime? MR KIRBY: Said, you’re well ahead of any decisions, at least that have been made to date here, on the U.S. side. I can’t even begin to entertain that question. We still believe a diplomatic approach is the best one. Yes, inside the government, we continue to have conversations about options. Not all of those options, as I’ve said, revolve around diplomacy. It would be irresponsible for us not to think about other tools available to us to change the situation on the ground in Syria. But we’ve also said that military options, whether they’re a no-fly zones, a safe zone, whatever you want to call them, they bear risk. They expend resources. And they’re certainly, just by dint of the fact that they’re military, are going to not de-escalate the tension, not going to bring down the violence necessarily. That doesn’t mean they’re off the table. It just means that, in consideration of them, we have to factor all of that in. But your question gets well, well ahead of where we are right now, and I couldn’t possibly answer it.
  • QUESTION: If we can go back to Syria – and sorry, this is from a little bit earlier in the week, and so I apologize if it’s already been addressed. But I was wondering if you had a response to the Russian Government blaming – putting blame on the U.S. for the shelling of the Russian embassy in Damascus. MR KIRBY: I don’t know if it’s been addressed or not. There’s no truth to it. Okay?
Paul Merrell

Pentagon Begins Low-Intensity, Stealth War in Syria - 0 views

  • “Last Wednesday, at a Deputies Committee meeting at the White House, officials from the State Department, the CIA and the Joint Chiefs of Staff discussed limited military strikes against the (Assad) regime … One proposed way to get around the White House’s long-standing objection to striking the Assad regime without a U.N. Security Council resolution would be to carry out the strikes covertly and without public acknowledgment.” – Washington Post Call it stealth warfare, call it poking the bear, call it whatever you’d like. The fact is, the Syrian war has entered a new and more dangerous phase increasing the chances of a catastrophic confrontation between the US and Russia. This new chapter of the conflict is the brainchild of Pentagon warlord, Ash Carter, whose attack on a Syrian outpost at Deir Ezzor killed 62 Syrian regulars putting a swift end to the fragile ceasefire agreement. Carter and his generals opposed the Kerry-Lavrov ceasefire deal because it would have required “military and intelligence cooperation with the Russians”. In other words, the US would have had to get the greenlight from Moscow for its bombing targets which would have undermined its ability to assist its jihadist fighters on the ground. That was a real deal-breaker for the Pentagon. But bombing Deir Ezzor fixed all that. It got the Pentagon out of the jam it was in, it torpedoed the ceasefire, and it allowed Carter to launch his own private shooting match without presidential authorization. Mission accomplished.
Teresa Carter

3 Year Loans- Quick Cash Advance for Fix Your Monthly Expenses! - 0 views

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    3 Year loans are suitable financial alternative for those people who have adverse credit score and need some urgent bucks from external sources. This is unsecured type of monetary aid so there is no need to fax unnecessary documents and to undergo credit verification against getting loan support.
Paul Merrell

Trump's Infrastructure Boondoggle - 0 views

  • Donald Trump’s $1 trillion infrastructure plan is not an infrastructure plan and it won’t put $1 trillion of fiscal stimulus into the economy. It’s basically a scheme for handing over public assets to private corporations that will extract maximum profits via user fees and tolls. Because the plan is essentially a boondoggle, it will not lift the economy out of the doldrums, increase activity or boost growth.  Quite the contrary. When the details of how the program is going to be implemented are announced,  public confidence in the Trump administration is going to wither and stock prices are going to plunge.   This scenario cannot be avoided because the penny-pinching conservatives in the House and Senate have already said that they won’t support any plan that is not “revenue neutral” which means that any real $1 trillion spending package is a dead letter.  Thus, it’s only a matter of time before the Trump’s plan is exposed as a fraud and the sh** hits the fan.
  • Here are more of the details from an article at Slate: “Under Trump’s plan…the federal government would offer tax credits to private investors interested in funding large infrastructure projects, who would put down some of their own money up front, then borrow the rest on the private bond markets. They would eventually earn their profits on the back end from usage fees, such as highway and bridge tolls (if they built a highway or bridge) or higher water rates (if they fixed up some water mains). So instead of paying for their new roads at tax time, Americans would pay for them during their daily commute. And of course, all these private developers would earn a nice return at the end of the day.” (“Donald Trump’s Plan to Privatize America’s Roads and Bridges”, Slate) Normally, fiscal stimulus is financed by increasing the budget deficits, but Maestro Trump has something else up his sleeve.  He wants the big construction companies and private equity firms to stump up the seed money and start the work with the understanding that they’ll be able to impose user fees and tolls on roads and bridges when the work is completed.  For every dollar that corporations spend on rebuilding US infrastructure, they’ll get a dollar back via tax credits, which means that they’ll end up controlling valuable, revenue-generating assets for nothing. The whole thing is a flagrant ripoff that stinks to high heaven.   The corporations rake in hefty profits on sweetheart deals, while the American people get bupkis. Welcome to Trumpworld.  Here’s more background from Trump’s campaign website:
  • “American Energy and  Infrastructure Act Leverages public-private partnerships, and private investments through tax incentives, to spur $1 trillion in infrastructure investment over ten years. It is revenue neutral.” (Donald Trump’s Contract with the American Voter”) In practical terms, ‘revenue neutral’ means that every dollar of new spending has to be matched by cuts to other government programs.  So, if there are hidden costs to Trump’s plan, then they’ll have to be paid for by slashing funds for Medicare, Medicaid, Social Security, food stamps etc. But, keep in mind, these other programs are much more effective sources of stimulus since the money goes directly to the people who spend it immediately and help grow the economy. Trump’s infrastructure plan doesn’t work like that. A lot of the money will go towards management fees and operational costs leaving fewer dollars to trickle down to low-paid construction workers whose personal consumption drives the economy. Less money for workers means less spending, less activity and weaker growth.
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  • Here’s more on the topic from the Washington Post: “Trump’s plan is not really an infrastructure plan. It’s a tax-cut plan for utility-industry and construction-sector investors, and a massive corporate welfare plan for contractors. The Trump plan doesn’t directly fund new roads, bridges, water systems or airports…. Instead, Trump’s plan provides tax breaks to private-sector investors who back profitable construction projects. … There’s no requirement that the tax breaks be used for … expanded construction efforts; they could all go just to fatten the pockets of investors in previously planned projects… Second, as a result of the above, Trump’s plan isn’t really a jobs plan, either. Because the plan subsidizes investors, not projects; because it funds tax breaks, not bridges; because there’s no requirement that the projects be otherwise unfunded, there is simply no guarantee that the plan will produce any net new hiring. … Buried inside the plan will be provisions to weaken prevailing wage protections on construction projects, undermining unions and ultimately eroding workers’ earnings. Environmental rules are almost certain to be gutted in the name of accelerating projects.” (Trump’s big infrastructure plan? It’s a trap. Washington Post) Let’s summarize:  “Trump’s plan” is “massive corporate welfare plan for contractors” and the “tax breaks”…”could all go just to fatten the pockets of investors in previously planned projects.”
  • What part of this plan looks like it will have a positive impact on the economy? None. If Trump was serious about raising GDP to 4 percent, (another one of his promises) he’d increase Social Security payments, beef up the food stamps program, or hire more government workers.  Any one of these would trigger an immediate uptick in activity spurring more growth and a stronger economy.  And while America’s ramshackle bridges and roads may be in dire need of a facelift,  infrastructure is actually a poor way to inject fiscal stimulus which can be more easily distributed  by simply hiring government agents to stand on streetcorners and hand out 100 dollar bills to passersby. That might not fill the pothole-strewn streets in downtown Duluth, but it would sure as hell would light a fire under GDP. So what’s the gameplan here? What’s Trump really up to? If his infrastructure plan isn’t going to work, then what’s the real objective? The objective is to allow wealthy corporations to buy public assets at firesale prices so they can turn them into profit-generating enterprises. That’s it in a nutshell. That’s why the emphasis is on “unconventional financing programs”, “public-private partnerships”, and “Build America Bonds” instead of plain-old fiscal stimulus, jobs programs and deficit spending. Trump is signaling to his pirate friends in Corporate America that he’ll use his power as executive to find new outlets for profitable investment so they have some place to stick their mountain of money. Of course, none of this has anything to do with rebuilding America’s dilapidated infrastructure or even revving up GDP. That’s just public relations bunkum. What’s really going on is a massive looting operation organized and executed under the watchful eye of Donald Trump, Robber Baron-in-Chief.
  • And Infrastructure is just the tip of the iceberg. Once these kleptomaniacs hit their stride, they’re going to cut through Washington like locusts through a corn field. Bet on it.
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    Mike Whitney always tells it like it is.
Paul Merrell

Those Missile Strikes Were Old News « LobeLog - 0 views

  • Military analysts and political commentators have deluged their readers over the past week with their views about the U.S. missile strike on Syria ordered by President Donald Trump. Some of the assessments were more useful than others, but what was surprising was that the authors mostly seemed surprised. They shouldn’t have been. The firing of cruise missiles into Middle Eastern countries with which the United States is not at war is old news. Some articles, including one in The Washington Post, used the word “unprecedented” about the strike, but the only unprecedented part was the identity of the ruler whose facilities were targeted. In fact, as the astute Juan Cole of the University of Michigan noted, the United States has been doing this for more than 20 years – with little if any known impact on whatever conflict provoked the missile strike or whatever ruler was in disfavor with Washington at the time.
Paul Merrell

Republicans are relying on a 'secret informant' to nail Hillary Clinton over Uranium One - 0 views

  • Senate Republicans are reportedly banking on the testimony of a "secret informant" to deepen their investigation into Hillary Clinton's role in the 2010 sale of uranium assets to Russia, Reuters reported Thursday. The GOP's source — a former FBI informant and lobbyist for the U.S.-based unit of Rosatom, a Russian-owned nuclear power company — will appear before the upper chamber as part of the probe into the so-called Uranium One deal. Although the Senate committee did not reveal the witness' name, former lobbyist William D. Campbell identified himself to Reuters. "I have worked with the Justice Department undercover for several years, and documentation relating to Uranium One and political influence does exist and I have it," Campbell said. Campbell was once a "star witness" in an FBI case against a Rosatom, until his credibility and motivations as an informant were called into question by defense attorneys. President Trump has repeatedly claimed that Uranium One's sale was approved by Clinton's State Department in exchange for donations to the Clinton Foundation, and deal skeptics point to the fact that the Clinton Foundation received $145 million in donations from owners of Uranium One. In a statement to Reuters, Rosatom noted that the State Department is only one of nine government agencies that had to approve the sale.
Paul Merrell

Boondoggle, Inc. - LobeLog - 1 views

  • In its latest budget request, the Trump administration is asking for a near-record $750 billion for the Pentagon and related defense activities, an astonishing figure by any measure. If passed by Congress, it will, in fact, be one of the largest military budgets in American history, topping peak levels reached during the Korean and Vietnam Wars. And keep one thing in mind: that $750 billion represents only part of the actual annual cost of our national security state. There are at least 10 separate pots of money dedicated to fighting wars, preparing for yet more wars, and dealing with the consequences of wars already fought. So the next time a president, a general, a secretary of defense, or a hawkish member of Congress insists that the U.S. military is woefully underfunded, think twice. A careful look at U.S. defense expenditures offers a healthy corrective to such wildly inaccurate claims. Now, let’s take a brief dollar-by-dollar tour of the U.S. national security state of 2019, tallying the sums up as we go, and see just where we finally land (or perhaps the word should be “soar”), financially speaking.
  • Final tally: $1.2542 trillion So, our final annual tally for war, preparations for war, and the impact of war comes to more than $1.25 trillion — more than double the Pentagon’s base budget. If the average taxpayer were aware that this amount was being spent in the name of national defense — with much of it wasted, misguided, or simply counterproductive — it might be far harder for the national security state to consume ever-growing sums with minimal public pushback. For now, however, the gravy train is running full speed ahead and its main beneficiaries — Lockheed Martin, Boeing, Northrop Grumman, and their cohorts — are laughing all the way to the bank.
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