- Status
Scott SoCal said:Janeane, is that you?
Funny how right wing goosesteppers hate Janeane so much..did she run for office?
redtreviso said:
No but she should. You'd wet your panties to vote for her.
She's the anti-Palin. I hope she runs.
- Mar 11, 2009
- 10,526
- 3,893
- 28,180
Meanwhile, the AP is reporting that two years after the recession ended, it's still not over for most people.
"Workers' wages and benefits make up 57.5 percent of the economy, an all-time low. Until the mid-2000s, that figure had been remarkably stable - about 64 percent through boom and bust alike."
"Executive pay is included in this figure, but rank-and-file workers are far more dependent on regular wages and benefits. A big chunk of the economy's gains has gone to investors in the form of higher corporate profits."
"Corporate profits are up by almost half since the recession ended in June 2009. In the first two years after the recessions of 1991 and 2001, profits rose 11 percent and 28 percent, respectively."
"The typical CEO of a major company earned $9 million last year, up a fourth from 2009."
"But if the Great Recession is long gone from Wall Street and corporate boardrooms, it lingers on Main Street:
- Unemployment has never been so high - 9.1 percent - this long after any recession since World War II. At the same point after the previous three recessions, unemployment averaged just 6.8 percent.
- The average worker's hourly wages, after accounting for inflation, were 1.6 percent lower in May than a year earlier. Rising gasoline and food prices have devoured any pay raises for most Americans.
- The jobs that are being created pay less than the ones that vanished in the recession. Higher-paying jobs in the private sector, the ones that pay roughly $19 to $31 an hour, made up 40 percent of the jobs lost from January 2008 to February 2010 but only 27 percent of the jobs created since then.
How gloomy are Americans? A USA Today/Gallup poll eight weeks ago found that 55 percent think the recession continues, even if the experts say it's been over for two years. That includes the 29 percent who go even further - they say it feels more like a depression.
Sorry, forgot the link. Here is the article.
"Workers' wages and benefits make up 57.5 percent of the economy, an all-time low. Until the mid-2000s, that figure had been remarkably stable - about 64 percent through boom and bust alike."
"Executive pay is included in this figure, but rank-and-file workers are far more dependent on regular wages and benefits. A big chunk of the economy's gains has gone to investors in the form of higher corporate profits."
"Corporate profits are up by almost half since the recession ended in June 2009. In the first two years after the recessions of 1991 and 2001, profits rose 11 percent and 28 percent, respectively."
"The typical CEO of a major company earned $9 million last year, up a fourth from 2009."
"But if the Great Recession is long gone from Wall Street and corporate boardrooms, it lingers on Main Street:
- Unemployment has never been so high - 9.1 percent - this long after any recession since World War II. At the same point after the previous three recessions, unemployment averaged just 6.8 percent.
- The average worker's hourly wages, after accounting for inflation, were 1.6 percent lower in May than a year earlier. Rising gasoline and food prices have devoured any pay raises for most Americans.
- The jobs that are being created pay less than the ones that vanished in the recession. Higher-paying jobs in the private sector, the ones that pay roughly $19 to $31 an hour, made up 40 percent of the jobs lost from January 2008 to February 2010 but only 27 percent of the jobs created since then.
How gloomy are Americans? A USA Today/Gallup poll eight weeks ago found that 55 percent think the recession continues, even if the experts say it's been over for two years. That includes the 29 percent who go even further - they say it feels more like a depression.
Sorry, forgot the link. Here is the article.
- Mar 10, 2009
- 7,268
- 1
- 0
More exciting news:
Investors May Lose as Congress Saves Money on Adviser Oversight
Read -> ultimately the US stands to lose.
When did we see that before, when regulators were sponsored by the industry they were supposed to regulate?
Oh, wait was that the Gulf oil spill?
Or no, wasn't it Moody's and their cohorts who ran their 'highly sophisticated models' to rate all sorts of financial vehicles?
Pay of this agency's executives will make them less fussy too.
Government regulators are capped at what 165k?
so self-regulation already lead to decreased transparency:
Yes, because no one in the brokerage industry is helped if major fraud cases come to light.
Good to see the SEC is in a great position to breath down their necks:
Some will continue to win big, and many stand to lose a lot. Free of charge; you are welcome.
Investors May Lose as Congress Saves Money on Adviser Oversight
Read -> ultimately the US stands to lose.
When did we see that before, when regulators were sponsored by the industry they were supposed to regulate?
Oh, wait was that the Gulf oil spill?
Or no, wasn't it Moody's and their cohorts who ran their 'highly sophisticated models' to rate all sorts of financial vehicles?
Pay of this agency's executives will make them less fussy too.
Government regulators are capped at what 165k?
so self-regulation already lead to decreased transparency:
Yes, because no one in the brokerage industry is helped if major fraud cases come to light.
Good to see the SEC is in a great position to breath down their necks:
Some will continue to win big, and many stand to lose a lot. Free of charge; you are welcome.
Bill must be reading this thread.
Bill Clinton calls for corporate tax cut
http://www.politico.com/news/stories/0711/58275.html
I wonder what Krugman will have to say about this.
Bill Clinton calls for corporate tax cut
http://www.politico.com/news/stories/0711/58275.html
I wonder what Krugman will have to say about this.
Scott SoCal said:
35 25 wtf? what about all those 15s and zeros? 25 isn't going to please those who are paying NOTHING
""The worst to be feared and the best to be expected can be simply stated.
The worst is atomic war.
The best would be this: a life of perpetual fear and tension; a burden of arms draining the wealthand the labor of all peoples; a wasting of strength that defies the American system or the Soviet system or any system to achieve true abundance and happiness for the peoples of this earth.
Every gun that is made, every warship launched, every rocket fired signifies, in the final sense, a theft from those who hunger and are not fed, those who are cold and are not clothed.
This world in arms in not spending money alone.
It is spending the sweat of its laborers, the genius of its scientists, the hopes of its children.
The cost of one modern heavy bomber is this: a modern brick school in more than 30 cities.
It is two electric power plants, each serving a town of 60,000 population.
It is two fine, fully equipped hospitals.
It is some 50 miles of concrete highway.
We pay for a single fighter with a half million bushels of wheat.
We pay for a single destroyer with new homes that could have housed more than 8,000 people.
This, I repeat, is the best way of life to be found on the road the world has been taking.
This is not a way of life at all, in any true sense. Under the cloud of threatening war, it is humanity hanging from a cross of iron.
These plain and cruel truths define the peril and point the hope that come with this spring of 1953.
This is one of those times in the affairs of nations when the gravest choices must be made, if there is to be a turning toward a just and lasting peace.
It is a moment that calls upon the governments of the world to speak their intentions with simplicity and with honest.
It calls upon them to answer the questions that stirs the hearts of all sane men: is there no other way the world may live?""
---Saul Alinsky??????????
The worst is atomic war.
The best would be this: a life of perpetual fear and tension; a burden of arms draining the wealthand the labor of all peoples; a wasting of strength that defies the American system or the Soviet system or any system to achieve true abundance and happiness for the peoples of this earth.
Every gun that is made, every warship launched, every rocket fired signifies, in the final sense, a theft from those who hunger and are not fed, those who are cold and are not clothed.
This world in arms in not spending money alone.
It is spending the sweat of its laborers, the genius of its scientists, the hopes of its children.
The cost of one modern heavy bomber is this: a modern brick school in more than 30 cities.
It is two electric power plants, each serving a town of 60,000 population.
It is two fine, fully equipped hospitals.
It is some 50 miles of concrete highway.
We pay for a single fighter with a half million bushels of wheat.
We pay for a single destroyer with new homes that could have housed more than 8,000 people.
This, I repeat, is the best way of life to be found on the road the world has been taking.
This is not a way of life at all, in any true sense. Under the cloud of threatening war, it is humanity hanging from a cross of iron.
These plain and cruel truths define the peril and point the hope that come with this spring of 1953.
This is one of those times in the affairs of nations when the gravest choices must be made, if there is to be a turning toward a just and lasting peace.
It is a moment that calls upon the governments of the world to speak their intentions with simplicity and with honest.
It calls upon them to answer the questions that stirs the hearts of all sane men: is there no other way the world may live?""
---Saul Alinsky??????????
Scott's current tax complaining Corporate heroes, CISCO systems
""Western companies including Cisco Systems Inc. are poised to help build an ambitious new surveillance project in China—a citywide network of as many as 500,000 cameras that officials say will prevent crime but that human-rights advocates warn could target political dissent.
The system, being built in the city of Chongqing over the next two to three years, is among the largest and most sophisticated video-surveillance projects of its kind in China, and perhaps the world. Dubbed "Peaceful Chongqing," it is planned to cover a half-million intersections, neighborhoods and parks over nearly 400 square miles, an area more than 25% larger than New York City.
The project sheds light on how Western tech companies sell their wares in China, the Middle East and other places where there is potential for the gear to be used for political purposes and not just safety. The products range from Internet-censoring software to sophisticated networking gear. China in particular has drawn criticism for treating political dissent as a crime and has a track record of using technology to suppress it.
An examination of the Peaceful Chongqing project by The Wall Street Journal shows Cisco is expected to supply networking equipment that is essential to operating large and complicated surveillance systems, according to people familiar with the deal.
""
""Western companies including Cisco Systems Inc. are poised to help build an ambitious new surveillance project in China—a citywide network of as many as 500,000 cameras that officials say will prevent crime but that human-rights advocates warn could target political dissent.
The system, being built in the city of Chongqing over the next two to three years, is among the largest and most sophisticated video-surveillance projects of its kind in China, and perhaps the world. Dubbed "Peaceful Chongqing," it is planned to cover a half-million intersections, neighborhoods and parks over nearly 400 square miles, an area more than 25% larger than New York City.
The project sheds light on how Western tech companies sell their wares in China, the Middle East and other places where there is potential for the gear to be used for political purposes and not just safety. The products range from Internet-censoring software to sophisticated networking gear. China in particular has drawn criticism for treating political dissent as a crime and has a track record of using technology to suppress it.
An examination of the Peaceful Chongqing project by The Wall Street Journal shows Cisco is expected to supply networking equipment that is essential to operating large and complicated surveillance systems, according to people familiar with the deal.
""
Say it ain't so...
Obama’s Economists: ‘Stimulus’ Has Cost $278,000 per Job
The stimulus is now causing the economy to shed jobs.
When the Obama administration releases a report on the Friday before a long weekend, it’s clearly not trying to draw attention to the report’s contents. Sure enough, the “Seventh Quarterly Report” on the economic impact of the “stimulus,” released on Friday, July 1, provides further evidence that President Obama’s economic “stimulus” did very little, if anything, to stimulate the economy, and a whole lot to stimulate the debt.
The council reports that, using “mainstream estimates of economic multipliers for the effects of fiscal stimulus” (which it describes as a “natural way to estimate the effects of” the legislation), the “stimulus” has added or saved just under 2.4 million jobs — whether private or public — at a cost (to date) of $666 billion. That’s a cost to taxpayers of $278,000 per job.
http://www.weeklystandard.com/blogs/obama-s-economists-stimulus-has-cost-278000-job_576014.html
Maybe the Obama admin should listen to suggestions coming out of the business community rather than his cadre of Keynesian acedemics that have repeatedly been very wrong?
Nawww... that will never happen.
Obama’s Economists: ‘Stimulus’ Has Cost $278,000 per Job
The stimulus is now causing the economy to shed jobs.
When the Obama administration releases a report on the Friday before a long weekend, it’s clearly not trying to draw attention to the report’s contents. Sure enough, the “Seventh Quarterly Report” on the economic impact of the “stimulus,” released on Friday, July 1, provides further evidence that President Obama’s economic “stimulus” did very little, if anything, to stimulate the economy, and a whole lot to stimulate the debt.
The council reports that, using “mainstream estimates of economic multipliers for the effects of fiscal stimulus” (which it describes as a “natural way to estimate the effects of” the legislation), the “stimulus” has added or saved just under 2.4 million jobs — whether private or public — at a cost (to date) of $666 billion. That’s a cost to taxpayers of $278,000 per job.
http://www.weeklystandard.com/blogs/obama-s-economists-stimulus-has-cost-278000-job_576014.html
Maybe the Obama admin should listen to suggestions coming out of the business community rather than his cadre of Keynesian acedemics that have repeatedly been very wrong?
Nawww... that will never happen.
- Mar 10, 2009
- 7,268
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Scott SoCal said:
Funny
The economist reported a couple of weeks ago that the total stimulus, up till now, only costed 130B and is likely to go down.
http://www.economist.com/node/18805615
Bala Verde said:
666.3 Billion include the "loss" in tax revenue.
http://www.whitehouse.gov/sites/default/files/cea_7th_arra_report.pdf
Are you saved???? When conservatives call someone an idiot who disagrees with them, it is the same as when some thumper asks you if you are saved and will doubt you no matter what your reply..
""But once white Southerners captured the Republican party and the conservative movement, the High Church right that found Kirk and Buckley among its college of cardinals gave way to the political equivalent of the Foot-Washin’ Baptists. The increasingly-Southernized American Right has transferred the fundamentalist Protestant mentality from the sphere of religion to the spheres of law and the economy. Protestant fundamentalism is now joined by constitutional fundamentalism and market fundamentalism.
History, to the fundamentalist mind, is a story of original perfection, followed by betrayal and restoration. The early Christian church was perfect; it was corrupted and betrayed by medieval Catholicism; and it was restored to its original purity by radical Protestant reformers. In the same way, the American constitution was not a flawed compromise among rival states and factions, to be improved by later amendment, but a document of superhuman wisdom, created in a kind of secular Pentecost at Philadelphia in the summer of 1787. To believe today’s constitutional fundamentalists, the true constitution was betrayed around 1900 in the name of the "living constitution" by progressives and liberals, who play the villain’s role in political history that the evangelicals assign to the Catholic Church in Christian history.
The rise of triple fundamentalism on the American right creates a crisis of political discourse in the United States. Back when conservatism was orthodox and traditional, rather than fundamentalist and counter-revolutionary, conservatives could engage in friendly debates with liberals, and minds on both sides could now and then be changed. But if your sect alone understands the True Religion and the True Constitution and the Laws of the Market, then there is no point in debate. All those who disagree with you are heretics, to be defeated, whether or not they are converted.
For their part, progressives have no idea of how to respond to the emergent right’s triple fundamentalism. Today it is the left, not the right, that is Burkean in America. Modern American liberalism is disillusioned, to the point of defeatism, by the frustration of the utopian hopes of 1960s liberalism in the Age of Reagan that followed and has not yet ended. Today it is liberals, not conservatives, who tend to be cautious and incremental and skeptical to a fault about the prospects for reform, while it is the right that wants to blow up the U.S. economy and start all over, on the basis of the doctrines of two Austrian professors and a Russian émigré novelist. Barack Obama, who would have flourished in an age when conservatives and liberals shared a common Burkean sensibility, finds himself as baffled and flustered by the tribunes of the Tea Party as Edmund Burke would have been by the young Marjoe Gortner.
"""
http://www.salon.com/news/politics/war_room/2011/07/05/lind_three_fundamentalisms
""But once white Southerners captured the Republican party and the conservative movement, the High Church right that found Kirk and Buckley among its college of cardinals gave way to the political equivalent of the Foot-Washin’ Baptists. The increasingly-Southernized American Right has transferred the fundamentalist Protestant mentality from the sphere of religion to the spheres of law and the economy. Protestant fundamentalism is now joined by constitutional fundamentalism and market fundamentalism.
History, to the fundamentalist mind, is a story of original perfection, followed by betrayal and restoration. The early Christian church was perfect; it was corrupted and betrayed by medieval Catholicism; and it was restored to its original purity by radical Protestant reformers. In the same way, the American constitution was not a flawed compromise among rival states and factions, to be improved by later amendment, but a document of superhuman wisdom, created in a kind of secular Pentecost at Philadelphia in the summer of 1787. To believe today’s constitutional fundamentalists, the true constitution was betrayed around 1900 in the name of the "living constitution" by progressives and liberals, who play the villain’s role in political history that the evangelicals assign to the Catholic Church in Christian history.
The rise of triple fundamentalism on the American right creates a crisis of political discourse in the United States. Back when conservatism was orthodox and traditional, rather than fundamentalist and counter-revolutionary, conservatives could engage in friendly debates with liberals, and minds on both sides could now and then be changed. But if your sect alone understands the True Religion and the True Constitution and the Laws of the Market, then there is no point in debate. All those who disagree with you are heretics, to be defeated, whether or not they are converted.
For their part, progressives have no idea of how to respond to the emergent right’s triple fundamentalism. Today it is the left, not the right, that is Burkean in America. Modern American liberalism is disillusioned, to the point of defeatism, by the frustration of the utopian hopes of 1960s liberalism in the Age of Reagan that followed and has not yet ended. Today it is liberals, not conservatives, who tend to be cautious and incremental and skeptical to a fault about the prospects for reform, while it is the right that wants to blow up the U.S. economy and start all over, on the basis of the doctrines of two Austrian professors and a Russian émigré novelist. Barack Obama, who would have flourished in an age when conservatives and liberals shared a common Burkean sensibility, finds himself as baffled and flustered by the tribunes of the Tea Party as Edmund Burke would have been by the young Marjoe Gortner.
"""
http://www.salon.com/news/politics/war_room/2011/07/05/lind_three_fundamentalisms
redtreviso said:
For the first time in history, the fault lies entirely with those you oppose
"The rise of triple fundamentalism on the American right creates a crisis of political discourse in the United States. Back when conservatism was orthodox and traditional, rather than fundamentalist and counter-revolutionary, conservatives could engage in friendly debates with liberals, and minds on both sides could now and then be changed. But if your sect alone understands the True Religion and the True Constitution and the Laws of the Market, then there is no point in debate. All those who disagree with you are heretics, to be defeated, whether or not they are converted."
Gee Red, what do you call those that disagree with you??
I think this was written with those who think like you in mind.... I actually hope you read it although I'll bet you won't.
http://works.bepress.com/cgi/viewcontent.cgi?article=1009&context=robert_lipkin&sei-redir=1#search=%22live%20crossfire%20culture%20where%20public%20discourse%20riven%20persistent%2C%20vitriolic%20strife.%20Political%20conflicts%20rage%2C%20tearing%20apart%20fabric%20social%20sympathy%20understanding.%20Partisans%20both%20right%20left%20appeal%20idiosyncratic%20convictions%20about%20good%20society%20or%20about%20constitutional%20political%20order%20without%20adequately%20explaining%20why%20their%20convictions%20should%20prevail.%20People%20talk%20past%20one%20another.%22
Scott SoCal said:
disagree with ME? that is not the same as not agreeing with them. it is your kind who gather and proclaim their mutual hate for ??????? and demand kindred agreement. Not joining the club is all it takes to be considered completely contrarian to everything they might think of.. I'm perfectly happy to oblige...
redtreviso said:
i hope none of it was harvested by exploited migrant farmworkers. we must have our standards.
patricknd said:i hope none of it was harvested by exploited migrant farmworkers. we must have our standards.
I got 6 ounces of cole slaw..that might be exploited harvest.. but then I rode my catholic bicycle for 2 hrs and didn't contribute to Exxon/Mobile during that time or add to traffic jams or exhaust emissions.... and I didn't even get swerved at by any teabaggers. Drinking some filtered municipal tap water now..
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