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I Demand a War Tax and call it that, it's been over a decade and counting of No Sacrifice by the Country as we demanded Sacrifice of our Soldiers and their Families, with multiple tours in two occupation theaters!
Those of us who were born during or in the years shortly after World War II grew into what our grand parents and parents with the help of our Government investments were building, joining in as we joined the workforce professions to build for our children, from the needed education professions to the skilled trades once professions.
Democrats and Republicans in Washington are emitting much sound and fury on the issue of federal debt and a balanced budget. What they won’t be telling us is that we could have it all: a balanced budget, no national debt, full employment, greatly reduced income taxes and expanded social programs. How this is even remotely possible will never be addressed by our two corporate political parties or the U.S. corporate stream media.
Read the rest at http://www.intrepidreport.com/archives/2504
July 10, 2011 - This story was first published Oct. 17, 2010. It was updated on June 21, 2011.
One weekend a year, nearly a thousand military veterans assemble in a camp in San Diego. What brings them is what they have in common: they're all homeless. The vets gather for something called "Stand Down," started in 1988 by a soldier turned psychologist named Jon Nachison.
Then, it was an emergency response to homelessness among Vietnam vets but, all these years later, Nachison is welcoming the generation from Iraq and Afghanistan.
Voodo Economics circa 2011: The Magic of BKS Numerology Roils Markets and also Government Policy-Making
By Dave Lindorff
It is part of America’s state religion, the Free Market fundamentalist religion that is accepted as gospel by all leading politicians, by the “brain trust” that sets goverrnment economic policy, and by the supposedly hard-nosed analysts who convince American investors where to put their money, that “markets know best.”
How then to explain the panicked reaction of investors and markets to the Labor Department’s monthly Bureau of Labor Statistics report on the latest monthly jobs and unemployment figures?
Frankly that's very easy to answer, the country refuses to demand it's own sacrifice the greater majority cheer on but don't serve in or have direct connection to, especially the political party claiming their strength on "National Security" and it's the total opposite of what's being argued as to this debt ceiling and the growing deficit itself, remember these two present conflicts were kept off the books and fought on borrowed financing until put back on the books and our spending by the present administration. All those costs include the no bid contracts of the growing private armies as well as the numerous other private contractors serving a bottom line and not the country.
The Great Unravelling - by Stephen Lendman
Friday's jobs report threw more cold water on so-called recovery. Since 2008, Main Street America's been in Depression.
Conditions have worsened, not improved, because of force-fed austerity, not badly needed stimulus to create jobs, reemploy people, and revive real economic growth, not the illusory kind since the National Bureau of Economic Research (NBER) officially declared June 2009 the end of recession.
At 11:05AM on July 8, Obama commented from the Rose Garden, doing what he does best - dissembling and distorting reality to conceal what's going on and why.
His best shot was saying:
"We still have a long way to go and a lot of work to do to give people the security and opportunity that they deserve."
By Linn Washington, Jr.
So, some black folks are bashing Princeton Professor Cornell West for his sharply phrased critiques of President Barack Obama’s failure to specifically address crisis- proportion problems in a long-suffering segment of American society: the black community.
Black supporters of the first African-American president echo the rationale advanced by Obama himself that he is the president of all Americans so addressing issues specific to African-American would be inappropriate.
However, that view side-steps the critical issue of the very American right to criticize a U.S. President.
Compounding the First Amendment criticism issue is the reality that Obama has addressed issues important to specific groups, including gays and women. He has even been addressing the issues of his political adversaries, the Republicans, like his embracing their demands for deficit reducing austerity by slashing services to the most needy.
By Dave Lindorff
In ways little and huge, it is clear that we live in a nation, a culture and a society that is terminally ill.
The latest outrage -- the likely execution of a Mexican convicted in Texas of the brutal slaying of a 16-year-old girl in blatant violation of a universally adopted international treaty that requires that as a foreigner he be able to notify his home country’s consulate of his case -- is evidence of this sickness, which appears to have both physical and mental aspects.
As a journalist I have traveled widely in the world, often in police states like China or Laos, and I have always trusted in the fact that if I ran afoul of those police, at least I could count on the fact that the authorities would be legally bound to notify my embassy, so that I could get international attention and, hopefully, legal assistance.
"The fiscal good has to outweigh the pain," a nameless Democrat told the Washington Post regarding President Obama's latest proposal to massively cut Social Security, against the wishes of the vast majority of Americans, in order to fund a military 670% larger than the next largest in the world, keep in place tax cuts for billionaires, fail to tax corporations or estates or investments or carbon, and balance a budget that nobody gives a rat's ass about balancing when Wall Street comes asking for handouts.
By Linn Washington, Jr.
Given the stark desperation stalking so many communities around an America oozing from miseries embedded in the stagnant economy, it’s almost an inane exercise to contemplate the state-of-democracy in this nation on July 4th -– Independence Day.
All of the flag waving, fireworks and fun of this national holiday can’t mask the disturbing fact that democracy in America is under unprecedented onslaught from forces intent on engaging in economic exploitation comparable to the colonial crown domination that compelled Americans to rebel against England over two hundred years ago.
Examples of this onslaught abound with one of the most pronounced being federal and state level elected officials – overwhelming Republican – bludgeoning and eliminating benefits that have aided the middle class and the poor, in the name of budget balancing austerity, while simultaneously battling to protect the profits and assets of the wealthy.
A 'Patriotic' U.S. company ripping off the Army and the American Tax Payers, and military procurement officers allowing it to happen, knowing many will go to work for these defense contractors after their service, especially with two long occupations still ongoing, say it ain't so!
The Money Party is a very small group of enterprises and individuals who control almost all of the money and power in the United States. They use their money and power to make more money and gain more power. It's not about Republicans versus Democrats. The Money Party is an equal opportunity employer. It has no permanent friends or enemies, just permanent interests. Democrats are as welcome as Republicans to this party. It’s all good when you’re on the take and the take is legal. Economic Populist
Working America's Dismal State - by Stephen Lendman
Two recent studies documented it, both discussed below. In May 2011, Northeastern University's Center for Labor Market Studies (NECLMS) headlined, "The 'Jobless and Wageless' Recovery from the Great Recession of 2007 - 2009: The Magnitude and Sources of Economic Growth Through 2011 (Q I) and Their Impacts on Workers, Profits, and Stock Values."
From 2007 - 2009, private sector wages and salaries declined sharply, while unemployment, underemployment, and their median and mean durations skyrocketed.
According to the National Bureau of Economic Research (NBER: the official US business cycle arbiter), the recession ended in June 2009. Public opinion polls sharply disagree. Two by ABC in May and June 2010 found 88 - 90% of respondents rating the economy "not so good" or "poor." They should know. They feel it.
And now we're over a decade of oh so many lessons not learned and in not one but two theaters of with a third front being bombed and invaded right next door to one of the two and joined with NATO in bombing another that the previous administration had brought the leader of back into the fold after years of calling him a terrorists supporter and supporting terrorists criminal acts!
As we were coming out of Vietnam, especially in the end of, the Country with almost one voice said they'd "never forget the lessons of!" that lasted oh probably five minutes or, even without cable then, a couple of news cycles as we've seen during this whole past decade. The War Hawk Neo-Cons thought they had the lessons, not the real lessons of wars of choice, needed to occupy and control an invaded country, well a decade plus later DeJa-Vu all over again.
There is finally a solid proposal in Washington for a budget that defunds the wars, cuts the base Pentagon budget, taxes corporations, creates jobs and saves services people need. It’s called the People’s Budget.
On June 5 the New Priorities Network launched a summer campaign to shift our nation’s priorities from war to jobs and human needs. The campaign has two legs:
An online poll where people can choose between the GOP budget, Obama’s budget, and the People’s Budget. Poll results by state and congressional district will go to Congresspeople, Senators, and the media.
Town Hall Meetings on the People’s Budget Budget in our congressional districts over the summer.
Take the poll and vote for the America YOU want!
Americans are feeling the chill of economic malaise, and the policy response should be to divert part of the defense budget and to tax U.S. corporations' offshore profits to develop an alternative energy infrastructure, columnist Cate Long writes.
Jun 8, 2011 - Our nation is in a serious economic crisis. Both political parties dance around each other with varying demands for cuts in entitlement programs, tax increases and a rise in the debt ceiling. It’s a doomsday prospect and the American people are feeling the chill of economic malaise.
Exciting times over here, to say the least! The June 14th Flag Day Rebellion against economic tyranny is growing much stronger and more rapidly than anticipated. As a small part of a decentralized movement, it’s hard to measure the overall impact, but my email inbox is exploding with support and interest. This movement is definitely succeeding in uniting people from all over the political spectrum. Hardcore progressives and libertarians have found common cause. Liberals who are sick of “spineless Democrats.” Conservatives who have had enough of “crony-capitalist and imperial Republicans.” Apolitical people who are sick and tired of living paycheck to paycheck, struggling to get by. The foreclosed upon. The unemployed. People desperately surviving off of food stamps.
Global Economic Crisis Deepening - by Stephen Lendman
In the 1960s, economist Arthur Okum began calculated America's Misery Index by adding the unemployment and inflation rates for a sense of public pain or lack of it in good times.
In May, it hit a record high exceeding 25, surpassing the earlier June 1980 21.98 top, based on how both measures were then calculated, not today's methodology, manipulated to hide painful truths.
At issue is:
-- over 22% unemployment, including discouraged workers and the so-called "birth-death model" estimate of net non-reported jobs from new businesses minus losses from ones no longer operating; during hard times, painful truths are hidden by creating non-existent jobs out of whole cloth instead of subtracting them to reflect fewer, not additional new businesses;
-- double digit inflation, including soaring food, energy, healthcare, college tuition, and other costs omitted or understated in core figures;
Notice how the congressional tepublicans, and especially their cult like followers, never mention the Wars after rubber stamping everything but Veterans Care and even Military Care related to while talking about the growing budget problems they created when they controlled it all. Even now gaining back the House and a few more in the Senate, to continue obstruction, they have sought to cut area's of the Veterans Admin budget!
June 3, 2011 - Even as the wars wind down in Iraq and Afghanistan the financial cost of taking care of veterans continues to mount and could reach a trillion dollars in coming decades
By Dave Lindorff
It was just as recently as a year ago that the authorities in politics, business and academe were stating boldly and confidently that the nation's economy was on the mend, and that there was no chance of a backslide into recession again.
Take Lakshman Achuthan and Anirvan Banerji who are, respectively, co-founder and chief operating officer and co-founder and chief research officer of ECRI, the Economic Cycle Research Institute.
"The good news is that the much-feared double-dip recession is not going to happen," they said on CNN on Oct. 28, last year. "After completing an exhaustive review of key drivers of the business cycle, ranging from credit to inventories and measures of labor market conditions, we can forecast with confidence that the economy will avoid a double dip."
The big banks have sold us out.
Democrats and Republicans have sold us out.
No one is defending our interests.
Our future is going up in flames.
It’s time for us to stand up and defend ourselves.
Trillions of dollars in fraudulent activity by the big banks on Wall Street caused our current economic crisis. Paid off politicians from both parties, along with secret deals made by the Federal Reserve, gave trillions of taxpayer dollars and subsidies to the very people who caused our crisis. After taking our tax dollars, they had the audacity to give themselves all-time recording-breaking bonuses and consolidate wealth in unprecedented fashion within the economic top 0.01% of the population.
By Annika Breidthardt
BERLIN | Mon May 30, 2011 3:04pm EDT
(Reuters) - Germany plans to shut all nuclear reactors by 2022, Chancellor Angela Merkel's ruling coalition announced on Monday, in a policy reversal drawn up in a rush after the Fukushima disaster in Japan.
The nation formerly known as the Ottoman Empire is building a strong foundation for a bright future. The nation is also addressing its scandalous recent past as it reaches out to old enemies. The dynamics producing real change in Turkey are well worth understanding. Turkey is on a path to rapid economic growth, cultural liberalization, and will emerge as a key player in world affairs.
Turkey elected a new government in 2002. Recep Tayyip Erdoğan became Prime Minister after his AK Party gained an absolute majority in the nation's unicameral legislature. The AK party was tagged as a threat to Turkey's secular democracy by corporate media. This is, as usual, a perversion of the political and social realities.
By Dave Lindorff
Amid all the nonsense and gobbledegook that has been written about banking industry and about the economic slump during the last four years of the global financial crisis, New York Times reporter Gretchen Morgenson has stood out both for the clarity of her analysis, and for her willingness to go after the guilty parties in the political and especially the banking system, naming names and calling it as she sees it.
So it was kind of disappointing--even shocking--to read her latest article reporting on a new “study” by Peterson Institute for International Economics Senior Fellow Joseph Gagnon, warning about the nation’s growing debt crisis.
The Peterson Institute, founded by Wall Street tycoon Peter Peterson, has long been gunning for the Social Security and Medicare systems, which he, and the rest of the Wall Street gang, see as unfairly competing with Wall Street for the assets of the public, and as destructive of the “free market.”
A Jarring Disconnect: If Joblessness and Hopelessness Undermine Democracy in the Middle East, What About Here at Home?
By Dave Lindorff
In his latest speeches on the Middle East, President Obama, both at the State Department and at the G8 meeting in France, has pledged billions of dollars in economic aid to Middle Eastern countries, drawing a direct connection between the unrest and demonstrations that brought down the dictators in Tunisia and Egypt, and the joblessness and hopelessness felt by the young people in those two countries.
His adviser on international economics, David Lipton, has been more specific, saying that, “We believe that these two pillars go hand in hand. Without economic modernization, it will be hard for governments trying to democratize to show people that democracy delivers.”
Unemployment in Egypt among young men and women is about 30%. In Tunisia, it is over 40%. The White House claims that with figures like that, the future for democracy in those countries is tenuous.
By Linn Washington, Jr.
The U.S. government won convictions against 23,506 drug traffickers nationwide during 2010, sending 96 percent of the offenders to prison, according to U.S. Sentencing Commission statistics.
Yet one of the biggest entities busted by the feds for involvement in drug trafficking last year received just a wrist-slap deal from federal prosecutors with nobody getting prison time.
During 2010, the U.S. government also won convictions against 806 persons involved in smaller-time drug-related money laundering, sending nearly 77 percent of those offenders to prison.
Yet when it came to a case involving billions of dollars in illegal drug profits, the federal government gave the same unusual wrist-slap to the same entity caught giving greed-blinded assistance to Mexican drug cartels by laundering billions of dollars in illegal profits for them.
By Catherine Hornby
ROME | Wed May 18, 2011
(Reuters) - Up to 27 million people are modern-day slaves, and migrants fleeing violence in North Africa are among those most at risk of being exploited, a senior U.S. official said on Wednesday.
Countries where migrants arrive should try to identify potential victims and protect them, rather than opting for immediate repatriation which often sends them back into the hands of human traffickers, U.S. Ambassador-at-Large Luis CdeBaca said.
Tens of thousands of migrants are fleeing turmoil in North Africa, with many trying to reach Europe by boat, but the problem of slavery exists all over the world and India, Thailand and Malaysia are among the worst-affected countries.
BBC News - 19 May 2011
A US governor has signed a bill requiring a French railway company to disclose its role in the Holocaust if it is to win state contracts.
Martin O'Malley of Maryland signed a bill aimed at Keolis, a Paris company owned by French national railways SNCF.
The company had bid to operate commuter trains in the state of Maryland.
Historians say SNCF moved 76,000 Jews to Nazi camps during the Holocaust. The laws' supporters say it will force disclosure of war records.
"We hope this legislation can become a national model sooner rather than later so that Holocaust survivors who are still with us can know that the atrocities inflicted upon their families and their people will remain in our minds, will never be forgotten and will never be repeated," Mr O'Malley said on Thursday.