Not having a root canal or colonoscopy tonite?
Make do with the Planning Commission's 7pm discussion of Colorado Esplanade & Village Trailer Park.
What's to be done?
One idea: How about agreeing to a list of immediately achievable demands -- say, unfettered voter registration, weekend balloting, instant runoffs, election of the President and Vice President by majority vote not the electoral college, public financing of campaigns, free media for candidates, perhaps proportional representation -- driving a national march beginning in, say, San Diego, Los Angeles, San Francisco, Portland OR, Seattle, Houston, Miami and Portland ME -- merging in various centers along the way -- say, Denver, Chicago, Buffalo, Cleveland, St Louis, New Orleans, Atlanta, New York City and lesser venues in between -- and culminating on Pennsylvania Avenue with the firm commitment not to leave until all demands are met? The logistical problems would be formidable but not insurmountable, and the Occupy Movement already has organizers and infrastructure in place all over the country.
Obviously, there are many problems -- the crumbling infrastructure, the slashing of budgets for public services, the unjust tax structure, the misallocation of public resources to military spending and corporate giveaways, the destruction of free public education, the absence of affordable universal health care -- that impact much more directly on people's lives. But the adoption of measures to make the country more democratic and thus more responsive to the demands of its citizens would be a solid beginning down the path to solving deeper and more intractable problems.
There is an army of outraged people in this nation, many of them unemployed and facing bleak futures. Are they ready to enlist?
Obviously, there are many problems -- the crumbling infrastructure, the slashing of budgets for public services, the unjust tax structure, the misallocation of public resources to military spending and corporate giveaways, the destruction of free public education, the absence of affordable universal health care -- that impact much more directly on people's lives. But the adoption of measures to make the country more democratic and thus more responsive to the demands of its citizens would be a solid beginning down the path to solving deeper and more intractable problems.
There is an army of outraged people in this nation, many of them unemployed and facing bleak futures. Are they ready to enlist?
The Fed: 11 Charts Prove The Economy Has Gone Ice Cold
"With the June Fed meeting just around the corner," writes Robert Kienst, "the market is waiting with bated breath for the decision on Quantitative Easing 3. It is like a bad movie where they keep making sequels nobody wants to watch, but are forced to endure."
The state of the economy will dictate the central bank's actions, if any, this month. With that reality in mind, Kienst presents some charts that suggest where we stand.
The most interesting fact to me is that retail sales reports are up sharply and so, apparently, is consumer confidence (although not according to the Conference Board), at the same time that durable goods purchases are down, real estate is down, and customers haven't returned to the retail stock market. So if people are spending more money, it's on essentials like bread and milk, and -- not learning from recent experience -- they're doing so with credit cards. With jobs still not in the offing (in fact, more public sector layoffs are coming in most states), that's a danger signal for the economy not a sign of recovery. Without proper savings, investment suffers and so does growth.
The rest of the story: These 11 Charts Prove The Economy Has Gone Ice Cold by Robert Kienst (Seeking Alpha 2012-06-14)
The state of the economy will dictate the central bank's actions, if any, this month. With that reality in mind, Kienst presents some charts that suggest where we stand.
The most interesting fact to me is that retail sales reports are up sharply and so, apparently, is consumer confidence (although not according to the Conference Board), at the same time that durable goods purchases are down, real estate is down, and customers haven't returned to the retail stock market. So if people are spending more money, it's on essentials like bread and milk, and -- not learning from recent experience -- they're doing so with credit cards. With jobs still not in the offing (in fact, more public sector layoffs are coming in most states), that's a danger signal for the economy not a sign of recovery. Without proper savings, investment suffers and so does growth.
The rest of the story: These 11 Charts Prove The Economy Has Gone Ice Cold by Robert Kienst (Seeking Alpha 2012-06-14)
Labels:
economy,
Federal Reserve
2012: Will voters "throw the bums out"?
I'm taken to task for having the temerity to suggest that Barack Obama may be held accountable for the nation's problems -- in the instance, for the decline in average American's income and net worth, and that there may be some justice in his impending political demise: "It's not Obama's fault. It's the policies, peoples." As if, I guess, it is John Boehner who is running the country.
It's true, though, that these "policies" are not Obama's alone. They have been been pursued through six administrations and a couple of dozen congresses controlled, it should not be forgotten, more often by Democrats than by Republicans. There is a lot of convenient buck passing in the nation's capital: the Republicans blame the Democrats for lack of "progress" on social issues; the Democrat's accuse the GOP of holding economic reforms "hostage;" meanwhile, the oligarchs dictate the outcome of the legislative process, and the two parties get to go back to the electorate every couple of years with the same unresolved set of issues (we forget that the GOP agitates its base with "lesser of two evils" rhetoric familiar to us from Democratic propaganda).
It was Democrat Bill Clinton, at the end of the day, who passed the stalled pro-corporate agenda -- banking "reform," telecom "reform," welfare "reform," trade "reform," NAFTA, etc. -- beyond the reach of Republican George Bush the Elder. It is Obama who has doubled-down on militarism and security abuses. As Bush the Younger did with al Queda, Obama inflated the GOP and the Blue Dogs for his own purposes, empowering them, attempting to partner with them instead of closing ranks with congressional liberals (and thus losing the House, just as Clinton did, and for the same reason: why vote for Democrats if they are going govern on behalf the corporate elite instead of the majority?), and blaming the conservatives as he caved on issue after issue without a fight.
If BHO was a liberal warrior in the mold of FDR, HST and LBJ, he would not be in danger of getting the boot in November, as he probably will. But the real victory this fall will not go to the Democrats or the Republicans; whether it is Obama or Mitt Romney who takes the oath of office in January, the true winners will be the militarists and the masters of the security state. Obama? Romney?: the victims of the shredded social contract, the unemployed and underemployed, the homeless, the graduates without prospects drowning in debt, the hundreds of thousands of youth whose futures are being sacrificed to the war on drugs, the young men and women who will die in exotic locales of interest only to war profiteers, the innocent victims of American guns and bombs and gameboy war toys, none of these will know the difference.
----
Return of the Body Count: Dissecting Obama's Standard on Drone Strike Deaths by Justin Elliott (ProPublica 2012-06-05)
Democratic Website Publishes List of Obama Accomplishments, Half of Them Are the Names of People He's Killed (Reason 2012-06-12)
Most voters favor slashing foreign economic & military aid; few would cut domestic programs like Social Security, education and health care (Good).
It's true, though, that these "policies" are not Obama's alone. They have been been pursued through six administrations and a couple of dozen congresses controlled, it should not be forgotten, more often by Democrats than by Republicans. There is a lot of convenient buck passing in the nation's capital: the Republicans blame the Democrats for lack of "progress" on social issues; the Democrat's accuse the GOP of holding economic reforms "hostage;" meanwhile, the oligarchs dictate the outcome of the legislative process, and the two parties get to go back to the electorate every couple of years with the same unresolved set of issues (we forget that the GOP agitates its base with "lesser of two evils" rhetoric familiar to us from Democratic propaganda).
It was Democrat Bill Clinton, at the end of the day, who passed the stalled pro-corporate agenda -- banking "reform," telecom "reform," welfare "reform," trade "reform," NAFTA, etc. -- beyond the reach of Republican George Bush the Elder. It is Obama who has doubled-down on militarism and security abuses. As Bush the Younger did with al Queda, Obama inflated the GOP and the Blue Dogs for his own purposes, empowering them, attempting to partner with them instead of closing ranks with congressional liberals (and thus losing the House, just as Clinton did, and for the same reason: why vote for Democrats if they are going govern on behalf the corporate elite instead of the majority?), and blaming the conservatives as he caved on issue after issue without a fight.
If BHO was a liberal warrior in the mold of FDR, HST and LBJ, he would not be in danger of getting the boot in November, as he probably will. But the real victory this fall will not go to the Democrats or the Republicans; whether it is Obama or Mitt Romney who takes the oath of office in January, the true winners will be the militarists and the masters of the security state. Obama? Romney?: the victims of the shredded social contract, the unemployed and underemployed, the homeless, the graduates without prospects drowning in debt, the hundreds of thousands of youth whose futures are being sacrificed to the war on drugs, the young men and women who will die in exotic locales of interest only to war profiteers, the innocent victims of American guns and bombs and gameboy war toys, none of these will know the difference.
----
Return of the Body Count: Dissecting Obama's Standard on Drone Strike Deaths by Justin Elliott (ProPublica 2012-06-05)
Democratic Website Publishes List of Obama Accomplishments, Half of Them Are the Names of People He's Killed (Reason 2012-06-12)
Most voters favor slashing foreign economic & military aid; few would cut domestic programs like Social Security, education and health care (Good).
Labels:
2012,
Barack Obama,
democracy,
Democratic Party,
GOP,
John Boehner,
politics,
Republican Party,
voting
Bang! You're dead.
]
Killer Fact: Just six countries export 74% of the world's weapons! The world's most powerful countries must put human rights before profits and stop arming abusers.
Support a strong Arms Trade Treaty this July! http://amnestyusa.org/arms
Labels:
gun control,
violent crime
Fracking incredible!
CNN Money says North Dakota is number one! The chilly state leads the states in economic growth.
The rest of the story:
State economic growth slowed in 2011 by Tami Luhby (CNNMoney)
RT
@ggreenwald: Yay! We killed "Al Qaeda's number 2" for the 83rd time. More bombing and onto 84! #WarOnTerrorForever
Let's really debate the issues
Here's a nice tweet I just saw: "@JohnGabree I think I am going to vote with you on Feinland and no on prop 28, whoever you are."
If you haven't voted yet, you too might consider supporting Marsha Feinland:
Diane Feinstein is in no danger of losing her seat, but in many ways, especially with regard to trade and financials, she is far more conservative than the average California Democrat.
In the state's new primary system, the top two vote-getters, regardless of party affiliation, are the only ones on the ballot in November. Since Feinstein will be headed back to DC in any event, it will serve us better as citizens if she is debated in the fall by a strong candidate from the Left, rather a tweedledum Republican or some Democrat careerist setting himself up for a future run.
Feinland is an intelligent and articulate candidate -- would make a fine senator, in fact -- and supports a different set of policy choices than the centrist Feinstein on such matters as military expenditures, the security state, banksters, trade, immigration reform, economic justice, the role of government, and more. Feinstein is a lock. What we're voting on is second place in the primary and a spot on the November ballot.
Labels:
elections
Bubble, bubble, toil and trouble
Sayeth George Soros:
I contend that the European Union itself is like a bubble. In the boom phase the EU was what the psychoanalyst David Tuckett calls a “fantastic object” – unreal but immensely attractive. The EU was the embodiment of an open society – an association of nations founded on the principles of democracy, human rights, and rule of law in which no nation or nationality would have a dominant position.
The process of integration was spearheaded by a small group of far sighted statesmen who practiced what Karl Popper called piecemeal social engineering. They recognized that perfection is unattainable; so they set limited objectives and firm timelines and then mobilized the political will for a small step forward, knowing full well that when they achieved it, its inadequacy would become apparent and require a further step. The process fed on its own success, very much like a financial bubble. That is how the Coal and Steel Community was gradually transformed into the European Union, step by step.
Germany used to be in the forefront of the effort. When the Soviet empire started to disintegrate, Germany’s leaders realized that reunification was possible only in the context of a more united Europe and they were willing to make considerable sacrifices to achieve it. When it came to bargaining they were willing to contribute a little more and take a little less than the others, thereby facilitating agreement. At that time, German statesmen used to assert that Germany has no independent foreign policy, only a European one.
The process culminated with the Maastricht Treaty and the introduction of the euro. It was followed by a period of stagnation which, after the crash of 2008, turned into a process of disintegration. The first step was taken by Germany when, after the bankruptcy of Lehman Brothers, Angela Merkel declared that the virtual guarantee extended to other financial institutions should come from each country acting separately, not by Europe acting jointly. It took financial markets more than a year to realize the implication of that declaration, showing that they are not perfect.
Labels:
economy
2012: Prop 29
I'm of two minds about Prop 29, the tobacco tax initiative.
Here's what's wrong with the ballot initiative process. More cancer research: great idea. Higher taxes: great idea. But: limiting the tax revenue generated by this measure to cancer research, anti-smoking programs and tobacco law enforcement is a bad idea; the money belongs in the general fund.
The whole point of representative government is to assure that tax revenues are allocated fairly across all needs and services and interests. Past initiatives have already made hash of the California budget process; do we want to make it worse?
Cancer research is vitally important, but is relatively well-funded; other diseases that are equally costly to society get far fewer dollars. Even limiting ourselves to a discussion of what to do about the harm caused by tobacco, we have to take account of the fact that Prop 29 does nothing to mitigate the huge medical costs already resulting from past and current smoking, and that's the point: We elect representatives to make those decisions; maybe anti-smoking programs are already well-enough funded -- they certainly appear to be -- but medical costs are under-addressed (they certainly appear to be); an informed legislature should make those choices.
Also: a $1 tax is insufficient, given the costs of tobacco to society; a referendum, if successful, will almost certainly close the door on higher taxes on tobacco products in the future.
Plus, this decision will be made by the tiny percentage of voters that bothers to turn out tomorrow, nothing like a majority.
Explanation of Prop 29 in the official CA state voter guide.
Labels:
2012,
health,
Prop 29,
referendum,
representative democracy
Keep Out
The wealth of top six family members who own Wal-Mart is equal to the wealth of 30% of the American people.
This has been accomplished by destroying thousands of local businesses and jobs and by denying adequate pay and benefits to its employees.
It's Henry Ford turned on his head. Ford provided good jobs to create customers for his cars; Wal-Mart destroys good jobs so people will have no choice but become customers of its stores.
It should not be allowed destroy businesses and jobs in Los Angeles County.
On June 30, join 10,000 to March Against Wal-Mart in Los Angeles.
Labels:
capitalism,
economic justice,
economy,
taxes
Subscribe to:
Posts (Atom)