Keyword: socialism

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  • Reflections on the 82nd Anniversary of the New Deal

    03/02/2015 2:00:15 PM PST · by Publius · 17 replies
    A Publius Essay | 2 March 2015 | Publius
    Before the New DealThe essay Federalism: Yesterday and Today covers Federalism from the Founding period to the modern era, with some attention paid to the Progressive Movement. The Progressives thought that the solutions to America’s problems, which they believed originated with Big Business, would only be found in Big Government as a counterbalance. They believed that Big Government should nudge, or even coerce, Americans to “live properly” – which meant to live as this university-educated elite saw fit. The earlier essay laid out their political and social agendas. The Constitution was an impediment to this agenda, and the Progressives needed...
  • Dearth of jobs a barrier to post-bankruptcy Detroit’s growth (but “recovery”?)

    03/02/2015 7:28:34 AM PST · by Olog-hai · 12 replies
    Associated Press ^ | Mar 2, 2015 10:02 AM EST | Corey Williams
    When Alison Norris couldn’t find work in Detroit, she searched past the city limits, ending up with a part-time restaurant job that’s 20 miles away but takes at least two hours to get to via separate city and suburban bus systems. For many city residents with limited skills and education, Detroit is an employment desert, having lost tens of thousands of blue-collar jobs in manufacturing cutbacks and service jobs as the population dwindled. What’s available to those without cars—about 40 percent of Detroit’s population, according to federal figures—often are low-paying retail or sales positions far outside the city. […] The...
  • Scott Walker Stands By Claim Reagan's Union-Busting Was 'Most Significant' Foreign Policy Decision

    02/28/2015 11:37:42 PM PST · by Cincinatus' Wife · 19 replies
    Huffington Post ^ | February 28, 2015 | Ashley Alman
    Wisconsin Gov. Scott Walker (R) is doubling down on claims that the strongest foreign policy move in his lifetime was former President Ronald Reagan's decision to fire 11,000 air traffic controllers. In 1981, almost 13,000 air traffic control employees walked off the job when contract negotiations between the federal government and the controllers union stalled. Reagan claimed the strike was illegal and demanded the air traffic controllers return to work; when some 11,000 did not, he fired them. Walker, who has long idolized Reagan and previously lauded the former president's standoff with air traffic control, on Saturday called it "the...
  • Pope Francis attacks 'throw-away' economic globalization

    02/28/2015 1:21:42 PM PST · by SkyPilot · 16 replies
    Reuters and Yahoo News ^ | 28 Feb 15 | James Mackenzie
    Pope Francis launched a fresh attack on economic injustice on Saturday, condemning the "throw-away culture" of globalization and calling for new ways of thinking about poverty, welfare, employment and society. In a speech to the association of Italian cooperative movements, he pointed to the "dizzying rise in unemployment" and the problems that existing welfare systems had in meeting healthcare needs. For those living "at the existential margins" the current social and political system "seems fatally destined to suffocate hope and increase risks and threats," he said. The Argentinian-born pope, who has often criticized orthodox market economics for fostering unfairness and...
  • Comrades for Net Neutrality

    02/28/2015 6:46:47 AM PST · by GreyFriar · 69 replies
    National Reivew Online ^ | Feb 26, 2015 | John Fund
    The powers behind the FCC’s muscling of the Internet Today’s vote by a bitterly divided Federal Communications Commission that the Internet should be regulated as a public utility is the culmination of a decade-long battle by the Left. Using money from George Soros and liberal foundations that totaled at least $196 million, radical activists finally succeeded in ramming through “net neutrality,” or the idea that all data should be transmitted equally over the Internet. The final push involved unprecedented political pressure exerted by the Obama White House on FCC chairman Tom Wheeler, head of an ostensibly independent regulatory body. “Net...
  • Vox Avoids S-word in Venezuela Crises Photo Essay

    02/26/2015 5:49:33 PM PST · by PJ-Comix · 5 replies
    NewsBusters ^ | February 26, 2015 | P.J. Gladnick
    Say it! SAAAAY IT!!! ---Sam Kinison General Electric Vox published a photo essay about the crises in Venezuela. The photos of the protests were picturesque but something important was missing. It was especially noticeable when the essay by Amanda Taub, 11 stunning photos of the protest movement sweeping Venezuela, touched on the dismal economy. Therefore the most stunning thing about the essay wasn't the photos but the very noticeable failure to mention a certain word seen all over Venezuela. A certain S-word seen all over the walls and billboards of Venezuela. A word that the corrupt government in Caracas proudly...
  • EU to Probe Christian Schools After Humanist Complaint

    02/25/2015 6:37:45 AM PST · by marshmallow · 3 replies
    British Christian schools could face a European Commission investigation, following complaints from a humanist campaign group. The British Humanist Association (BHA) claims that faith schools breach European Union (EU) equality rules when hiring staff, because they say religious adherence is a “desirable” quality. EU rules state that schools must prove there is a “genuine occupational requirement” in preferring to recruit teachers of faith. IntolerantSpokesman for The Christian Institute, Simon Calvert, said church schools are “hugely popular”, and their ethos is why “they do such a good job of preparing children for life in 21st-century Britain”. “It’s disappointing that humanists seem...
  • Eleventh-hour drama for net neutrality rules

    02/24/2015 5:52:27 PM PST · by Nachum · 18 replies
    the hill ^ | 02/24/15 | Julian Hattem
    A Democrat on the Federal Communications Commission wants to see changes that could narrow the scope of new net neutrality rules set for a vote on Thursday. Mignon Clyburn, one of three Democrats on the FCC, has asked Chairman Tom Wheeler to roll back some of his provisions before the full commission votes on them, FCC officials said. The request — which Wheeler has yet to respond to — puts the chairman in the awkward position of having to either roll back his proposals, or defend the tough rules and convince Clyburn to back down. It’s an ironic spot for...
  • Mark Levin discusses Alinksy's Rules for Radicals

    02/23/2015 8:51:41 PM PST · by Art in Idaho · 54 replies
    The Mark Levin Audio Rewind ^ | February 23, 2015 | Mark Levin
    Interesting discussion by Mark of Alinsky's Rules for Radicals. Starts at 26 minutes, 5 seconds. The List: (from The Best of Beck) Saul Alinsky’s 12 Rules for Radicals Here is the complete list from Alinsky. * RULE 1: “Power is not only what you have, but what the enemy thinks you have.” Power is derived from 2 main sources – money and people. “Have-Nots” must build power from flesh and blood. (These are two things of which there is a plentiful supply. Government and corporations always have a difficult time appealing to people, and usually do so almost exclusively with...
  • 370,000 migrants on the dole

    02/23/2015 9:06:20 AM PST · by Perseverando · 9 replies
    The Telegraph ^ | January 19, 2012 | Robert Winnett
    More than 370,000 migrants who were admitted to Britain to work, study or go on holiday are now claiming out-of-work benefits, according to official figures compiled for the first time. The migrants, who can claim unemployment, housing and incapacity benefit, are costing taxpayers billions of pounds a year. In other countries, many would have had to return home after their visas expired or their employment ended. But Chris Bryant, shadow immigration minister, today blamed the Government and said the situation would only get worse due to lax border controls, rising migration and increasing unemployment. He said: "Tory ministers are resorting...
  • Why the Left Loves Islam

    02/21/2015 5:14:09 AM PST · by Travis McGee · 68 replies
    Western Rifle Shooters Association ^ | February 21, 2015 | Matthew Bracken
    Why the Left Loves Islam Both socialism and Islam are parasitical fascist systems where the elite bosses feed as vampires upon the productive citizenry under their control. Under totalitarian Islamic Sharia Law, productive “people of the book” (Christians and Jews) are tolerated as “dhimmis” (officially subjugated 2nd class citizens) to the degree that the local emirs and sultans decree they should be tolerated. This allows the Muslim bosses to ease their grip or tighten it at will. In socialism this relationship finds many parallels. For example, Lenin himself, during the disastrous “war Communism” period following the revolution and civil war,...
  • Obamacare Enrollment Ended Sunday. Except It Didn't

    02/19/2015 4:20:58 PM PST · by Oldeconomybuyer · 4 replies
    The Huffington Post ^ | February 19, 2015 | by Jeffrey Young
    The second year of Obamacare enrollment just ended. Or did it? The Department of Health and Human Services has hinted it might reopen enrollment on the Affordable Care Act’s health insurance exchanges in 37 states around the tax filing deadline April 15, with the aim of enrolling people who learn for the first time they owe a fine under the law’s individual mandate to have health coverage. Already, Minnesota, Vermont and Washington have done so, and states including California may do the same.
  • "What ISIS Really Wants"

    02/16/2015 10:22:09 PM PST · by SMCC1 · 84 replies
    The Atlantic ^ | March 2015 | Graeme Wood
    "What is the Islamic State? Where did it come from, and what are its intentions? The simplicity of these questions can be deceiving, and few Western leaders seem to know the answers. In December, The New York Times published confidential comments by Major General Michael K. Nagata, the Special Operations commander for the United States in the Middle East, admitting that he had hardly begun figuring out the Islamic State’s appeal. “We have not defeated the idea,” he said. “We do not even understand the idea.” In the past year, President Obama has referred to the Islamic State, variously, as...
  • Obamacare enrollment extended after technical issues

    02/16/2015 4:14:10 PM PST · by Oldeconomybuyer · 16 replies
    Chicago Tribune ^ | February 16, 2015 | By Ellen Jean Hirst
    Consumers who tried to enroll in Obamacare last weekend but couldn't finish because of technical problems will have another week to complete the task, Department of Health and Human Services officials said Monday. The new deadline for enrolling in federally mandated health insurance has been extended through Feb. 22. A few reasons that qualify people for the extension include: longer than normal call center wait times and a glitch on the site verifying income. Officials also said that individuals who experience "life-changing events," including getting married, having a baby, or losing job-based coverage, can always apply. Officials with the department...
  • UN Official: Capitalism Must Be Destroyed for Sake of Planet SATIRE

    02/16/2015 9:10:33 AM PST · by John Semmens · 9 replies
    Semi-News/Semi-Satire ^ | 14 Feb 2015 | John Semmens
    In remarks to an inner cadre of the U.N.’s Framework Convention on Climate Change, Executive Secretary Christiana Figueres, maintained that “economic progress since the Industrial Revolution has gone too far. The Earth is in danger of being overrun by unconstrained prosperity.” “Capitalists like to contend that the increased life expectancies and material well-being of billions of people is some sort of proof that the system is a good thing,” Figueres said. “But they are wrong. Billions more humans living longer lives in greater luxury is a problem, not a benefit.” “There is no objective evidence proving that people living longer...
  • Social Security debate reignites

    02/14/2015 3:57:10 PM PST · by jazusamo · 37 replies
    The Hill ^ | February 14, 2014 | Rebecca Shabad
    Social Security is surging to the forefront of the political debate ahead of the race for the White House in 2016. The entitlement program has been thrust into the spotlight by a fight over the Social Security disability fund, which is expected to run dry by the end of next year. The looming shortfall is stirring a burst of activism on the left, with Sen. Bernie Sanders (I-Vt.), a likely 2016 candidate, and liberal hero Sen. Elizabeth Warren (D-Mass.) warning of an assault on the program from Republicans in Congress. "We’ve known for years that Social Security Disability Insurance is...
  • U.N. Official Reveals Real Reason Behind Warming Scare (Destroying Capitalism)

    02/13/2015 11:29:01 AM PST · by Signalman · 11 replies
    IBD ^ | 2/10/2015 | IBD
    Economic Systems: The alarmists keep telling us their concern about global warming is all about man's stewardship of the environment. But we know that's not true. A United Nations official has now confirmed this. At a news conference last week in Brussels, Christiana Figueres, executive secretary of U.N.'s Framework Convention on Climate Change, admitted that the goal of environmental activists is not to save the world from ecological calamity but to destroy capitalism. "This is the first time in the history of mankind that we are setting ourselves the task of intentionally, within a defined period of time, to change...
  • Fat Popes, Hunger, And Entitlement Mentality

    02/10/2015 10:46:54 AM PST · by BlatherNaut · 15 replies
    Mundabor's Blog ^ | 2/10/15 | Mundabor
    There is no “right to food”. Food never was any sort of fundamental “right”. Saint Paul already warned us that to those who do not want to work, we shall give no food. You can’t find any clearer evidence that food is not a fundamental right of the person. Of course, charity demands that we feed the hungry. But this is not a subjective right of the hungry, merely the result of the charitable help of those who feed them because – let us say this once again – consider them, in their charity, worthy of being fed. Charity is...
  • Venezuela Shoppers Paying $700 for Condoms Amid High Rates of HIV, AIDS & Teen Pregnancies

    02/09/2015 4:06:10 PM PST · by Oldeconomybuyer · 24 replies
    Latin Post ^ | February 9, 2015 | By Jaclyn Diaz
    Trojan condoms now cost a month's wages for an average person in Venezuela. A box of 36 condoms can cost upwards of $755 for Venezuelans. A long line in supermarkets for corn, milk and sugar has been customary for a few years in the country, and the skyrocketed price for common goods like condoms in the country stems from the flailing economy and the shortage of goods throughout the nation, according to a report by Bloomberg Business. Venezuelans are facing inflation of more than 60 percent, exacerbated by falling oil prices that have reduced the country's oil export earnings. Venezuela's...
  • Despite Efforts, Latino ACA Enrollment Lags

    02/09/2015 2:52:05 PM PST · by Oldeconomybuyer · 8 replies
    Kaiser Health News ^ | February 9, 2015 | By Mary Agnes Carey
    Hispanics represent about a third of the nation’s uninsured, and for a number of reasons, signing them up has been harder. According to the latest government statistics, as of Jan. 16, two months into the current open enrollment period, just 10 percent of those who had enrolled in the 37 states served by healthcare.gov are Latino. Despite a concerted effort by officials and health law advocates to reach Latinos, that’s up only slightly from 7 percent during the first few months of last year’s enrollment. Nonetheless, the Department of Health and Human Services and pro-health-law groups have stepped up their...
  • Connecticut to super-rich residents: Please don’t leave us

    02/09/2015 12:47:02 PM PST · by Olog-hai · 45 replies
    Associated Press ^ | Feb 9, 2015 2:58 PM EST | Stephen Singer
    If you’re a billionaire living in Connecticut, chances are the tax department is keeping an eye on you. In a state home to some of the richest Americans, tax officials go to some lengths to keep them—or, more accurately, keep the billions of dollars in revenue their income taxes generate. Connecticut tax officials track quarterly estimated payments of 100 high net-worth taxpayers and can tell when payments are down. Of that number, about a half-dozen taxpayers have an effect on revenue that’s noticed in the legislature and Department of Revenue Services. […] Two years ago, tax officials were alarmed that...
  • Venezuela seeks mediation with US

    02/05/2015 8:50:39 AM PST · by fungoking · 15 replies
    BBC ^ | 2/4/2015 | Staff
    Venezuelan President Nicolas Maduro has called for a relationship with the United States based on diplomacy and an end to what he claims is a US plan to destabilise his government. Mr Maduro was speaking to supporters in Caracas before meeting the Secretary General of the Union of South American Nations (Unasur), Ernesto Samper. He later asked Mr Samper to mediate between Venezuela and the US. The US imposed sanctions against Venezuelan officials in December. They were aimed at those allegedly involved in suppressing the anti-government protests that shook Venezuela in the first six months of 2014. On Monday, the...
  • Why is the Left denying the Islamic in ISIS the same way they deny Socialists were Socialists?

    02/05/2015 7:50:33 AM PST · by HammerT · 39 replies
    2/5/2015
    Has anyone noticed that the nation’s leftist socialists are using the very same tactic with Islamic Terrorists [ISIS] as they incessantly use with the Nazis and other Socialists? Talk to any of the Leftists on the national socialist scene and they will go incandescent if you accurately attribute that the Nazi were socialists. It’s part of their freaking name for Pete’s sake: German Nationalsozialistische [deutsche Arbeiter-Partei] (National SOCIALIST [German Workers' Party])But that doesn’t deter leftists from denying reality. They will also deny that the USSR was Socialist… Even though THAT is also in their very name: Union of Soviet SOCIALIST...
  • President Obama, Send Your Deadbeat Supporters to Wash My Car (Excellent Article)

    01/26/2015 4:26:14 AM PST · by Kaslin · 29 replies
    Townhall.com ^ | January 6, 2015 | Kurt Schlichter
    My car needs washing, and frankly I’d prefer that the losers who think Obama’s “free” community college idea is super awesome get off their lazy hindquarters and wash it for me for free. Sure, I could pay for it myself, but then I’d have to forgo things I’d rather have. It’s cruel and inhuman and, I’m guessing, both racist and phallocentric, to force me to prioritize how I spend my money. So, Mr. President, I need you to direct your minions toward my reserved parking space because, in the words of noted jurist and personal hero Judge Elihu Smails, I...
  • Venezuelan Army Authorized to Execute Protesters [semi-satire]

    02/04/2015 9:54:55 AM PST · by John Semmens · 3 replies
    Semi-News/Semi-Satire ^ | 2 Feb 2015 | John Semmens
    The Venezuelan Ministry of Defense has authorized the Army to shoot any protesters that do not obey orders to disperse. Minister of Defense, General Vladimir Padrino López defended the decree as both “necessary and proper. In this time of crisis everyone should be working together in support of the government. Public complaints alleging that the government has not fulfilled its promises encourages people to oppose the government’s measures to deal with the crisis. Such disloyalty cannot be tolerated.” There is also a pragmatic aspect to the policy. According to the General, “to the extent that shortages of food and other...
  • Obama’s Budget Hikes Taxes By $1.6 Trillion

    02/03/2015 1:24:21 PM PST · by PapaNew · 8 replies
    The Daily Signal ^ | February 03, 2015 | David Burton
    President Obama has proposed a fiscal year 2016 budget that raises $3.5 trillion in fiscal year 2016 and $45 trillion over ten years. In his budget, he proposes that over the next ten years, tax cuts of $349 billion be accompanied by tax increases of $1.9 trillion, for a net ten year tax increase of $1.6 trillion. The president’s budget would repeal, let expire or limit: the Lifetime Learning Credit; the student loan interest deduction (for new borrowers); Coverdell accounts; and 529 education savings plans. The president’s budget would: triple the maximum Child and Dependent Care Tax Credit (CDCTC); expand...
  • Education Privilege Complaints Mask Real Cultural Problems

    02/03/2015 6:35:03 AM PST · by LeoMcNeil · 14 replies
    Leo McNeil ^ | February 3, 2015 | Leo McNeil
    The Washington Post published a piece by a teacher which originally appeared in the Daily Kos. We have another issue to add to the never ending list of “privilege” that the left loves to whine about. Educational privilege is apparently a tragedy that has to be dealt with. The teacher complains about a couple of gifted kids, one who appears to take one government school science class and another who attends a private school on scholarship. These confident gifted kids are compared to the sad storied poor kids the teacher has to deal with every day. She complains about hunger,...
  • Obama’s record budget: Tax the rich, help middle class

    02/02/2015 2:22:38 PM PST · by Olog-hai · 16 replies
    Associated Press ^ | Feb 2, 2015 4:24 PM EST | Andrew Taylor
    Promising to help America’s middle class, President Barack Obama on Monday sent Congress a record $4 trillion budget that would hammer corporate profits overseas and raise taxes on the wealthy while boosting tax credits for families and the working poor. Obama’s budget also would steer hundreds of billions of dollars to the nation’s crumbling infrastructure of roads and bridges, help provide two years of free community college and reverse the across-the-board, automatic budget cuts that have slammed the Pentagon and nearly every government department. In the face of certain opposition from Republicans, an optimistic Obama hailed a “breakthrough year for...
  • Climate Change’s Bottom Line

    02/01/2015 6:08:36 AM PST · by Oldeconomybuyer · 42 replies
    New York Times ^ | January 31, 2015 | By BURT HELM
    It was 8 degrees in Minneapolis on a recent January day, and out on Interstate 394, snow whipped against the windshields of drivers on their morning commutes. But inside the offices of Cargill, the food conglomerate, Greg Page, the company’s executive chairman, felt compelled to talk about global warming. Mr. Page is a member of the Risky Business Project, an unusual collection of business and policy leaders determined to prepare American companies for climate change. It’s a prestigious club, counting a former senator, five former White House cabinet members, two former mayors and two billionaires in the group. The 10...
  • Oil Cash Waning, Venezuelan Shelves Lie Bare

    01/31/2015 6:28:40 AM PST · by thackney · 34 replies
    New York Times ^ | JAN. 29, 2015 | WILLIAM NEUMAN
    Mary Noriega heard there would be chicken. She hated being herded “like cattle,” she said, standing for hours in a line of more than 1,500 people hoping to buy food, as soldiers with side arms checked identification cards to make sure no one tried to buy basic items more than once or twice a week. But Ms. Noriega, a laboratory assistant with three children, said she had no choice, ticking off the inventory in her depleted refrigerator: coffee and corn flour. Things had gotten so bad, she said, that she had begun bartering with neighbors to put food on the...
  • Venezuela allows security forces to use firearms in protests

    01/30/2015 9:18:20 PM PST · by Olog-hai · 11 replies
    Associated Press ^ | Jan 30, 2015 6:19 PM EST
    Human rights groups and Venezuela’s opposition are criticizing the government’s new authorization for riot police to use firearms to control protests. […] Venezuela’s constitution bans the use of firearms and toxic substances to control demonstrations, although in practice such means have long been used, including during last year’s deadly street battles between police and anti-government demonstrators. …
  • Michael Malice For The Hour (On Hillary, The Depravity of Kim Jong-Un, and influence of Ayn Rand)

    01/30/2015 11:13:48 AM PST · by OddLane · 12 replies
    American Rattlesnake ^ | January 30, 2015 | Gerard Perry
    Although most of you are at least partially familiar with the work of Brooklyn author and Fox Business pundit Michael Malice, there’s always more to learn. Which is why I decided to sit down with him this week and pick his mind about topics ranging from the calculated inhumanity of the Kim Dynasty to the rapidly evolving publishing industry.
  • Venezuelan Army Can Shoot Protesters, Effective Immediately

    01/30/2015 5:49:48 AM PST · by StaffiT · 28 replies
    Emerging Equity ^ | January 30, 2015 | Sabrina Martín
    An internal ruling made by the Venezuelan Ministry of Defense, published on Tuesday, January 27, in state newsletter Gaceta Oficial, legalizes the use of lethal weapons by the national armed forces (FANB) against protesters. [snip] Under Venezuelan law, the Defense Ministry does not have the authority to override or ignore the Constitution and the norms contained therein. María Esperanza Hermida, coordinator for enforcement in Venezuelan NGO (Provea) argued that the measure violates the Universal Declaration of Human Rights (UDHR) and the International Covenant on Civil and Political Rights (ICCPR), as well as transferring competencies to the military which are the...
  • Communist Party USA Chairman Vows Cooperation With Democratic Party

    01/29/2015 8:28:52 AM PST · by b4its2late · 55 replies
    Daily Caller ^ | 1/29/2015 | Eric Owens
    The chairman of the National Committee of the Communist Party USA has penned a 2,023-word manifesto making the critical point that American Communists are eager to work with the Democratic Party to advance the modern communist agenda and achieve communist goals. Communist Party chairman John Bachtell published his essay last week at People’s World, a “daily news website of, for and by the 99% and the direct descendant of the Daily Worker.” “[L]abor and other key social forces are not about to leave the Democratic Party anytime soon,” Bachtell promised. “They still see Democrats as the most realistic electoral vehicle”...
  • Opinion: The responsible investor’s guide to climate change

    01/29/2015 7:11:10 AM PST · by Oldeconomybuyer · 8 replies
    Market Watch ^ | January 29, 2015 | By Jeffrey D. Sachs and Lisa Sachs
    Around the world, institutional investors — including pension funds, insurance companies, philanthropic endowments, and universities — are grappling with the question of whether to divest from oil, gas, and coal companies. The reason, of course, is climate change: Unless fossil-fuel consumption is cut sharply — and phased out entirely by around 2070, in favor of zero-carbon energy such as solar power — the world will suffer unacceptable risks from human-induced global warming. How should responsible investors behave in the face of these unprecedented risks? American universities are on the front line of this debate, pushed by their students, who are...
  • Obamacare Costs Continue To Increase

    01/29/2015 5:17:55 AM PST · by LeoMcNeil · 9 replies
    Leo McNeil ^ | January 29, 2015 | Leo McNeil
    Millions of Americans are about to get their first taste of the Obamacare tax. Last year the tax penalty for failing to buy private health insurance is $95 or 1% of income, whichever is greater. Because the media hyped the $95 end of the tax, millions of people are unaware that their taxes are more likely to increase far more. The tax increases to $325 or 2% this year, it increases further in 2016. For many taxpayers, it’s going to be a rude awakening when they discover that Obamacare is going to cost them in tax much more than they...
  • So does this huge blizzard disprove climate change?

    01/27/2015 3:12:20 PM PST · by Oldeconomybuyer · 29 replies
    Christian Science Monitor ^ | January 27, 2015 | by Jessica Mendoza
    As the first major snowstorm of 2015 bears down on the Northeast, many pundits have taken the opportunity to mock the idea that humans are changing the climate. After all, it's very difficult to think "global warming" when your car is buried in snow. Still, all this doesn't necessarily mean that this particular blizzard was caused by, or made more intense by, human activity. Spotting the fingerprints of climate change in the middle of a blizzard is no easy task. But here's one thing we do know: As the climate continues to change, we can expect more weather like this.
  • Fannie, Freddie 3%-down mortgages can be safe, FHFA director says

    01/27/2015 10:15:40 AM PST · by Oldeconomybuyer · 15 replies
    Market Watch ^ | January 27, 2015 | By Steve Goldstein
    WASHINGTON — Mortgages with low down payments can be just as safe if other underwriting conditions are met, a federal housing regulator said Tuesday. Mel Watt, the director of the Federal Housing Finance Agency, was testifying in front of the House Financial Services Committee, after Fannie Mae FNMA, +0.47% and Freddie Mac FMCC, +0.47% both started making mortgages available to those who make down payments of just 3%. That has raised the ire of Republicans, who say the move risks a repeat of the housing bubble. “All things being equal, is a 3% down loan riskier to the taxpayer than...
  • Obama Ends Visit With Challenge to India on Climate Change

    01/27/2015 6:15:52 AM PST · by Oldeconomybuyer · 12 replies
    New York Times ^ | January 27, 2015 | by PETER BAKER and ELLEN BARRY
    NEW DELHI — President Obama pressed India on Tuesday to do more to curb the pollution that is choking its capital and contributing to global climate change, as he wrapped up a visit that yielded no meaningful breakthrough on the issue. While India and the United States agreed to cooperate in promoting cleaner energy, Mr. Obama left after three days without the sort of specific commitment to curbing greenhouse gases that he won in China last year. Instead, he used a farewell speech before his departure to argue that India had an obligation to step up, despite its economic challenges.
  • Californians received $3.2 billion in Obamacare premium subsidies

    01/27/2015 5:57:55 AM PST · by Oldeconomybuyer · 13 replies
    Los Angeles Times ^ | January 26, 2015 | by Chad Terhune
    * Almost 90% of Obamacare enrollees in California qualified for financial help based on their income last year. * Average monthly Obamacare subsidy in California was $436 per household last year. * A big challenge for California's health insurance exchange is signing up more middle-income people. Californians received $3.2 billion in Obamacare premium subsidies during the rollout of the federal health law last year. Those individuals and families paid $1.1 billion in premiums themselves, meaning for every dollar they spent the federal government paid an additional $3 to their health insurer. Health policy experts said the fact that subsidies covered...
  • President Touts Expansion of Welfare State to Boost “Middle Class” [semi-satire]

    01/25/2015 9:21:57 AM PST · by John Semmens · 3 replies
    Semi-News/Semi-Satire ^ | 24 Jan 2015 | John Semmens
    In his 2015 State-of-the Union address, President Obama lamented the unfairness of a society where only the few do spectacularly well. He proposed to rectify this injustice by expanding government programs that would offer pittances to a broader number of people who comply with specified behaviors. One stark example was the President’s proposal to penalize individuals who set aside money for their own children’s education with higher taxes that would be used to partially fund community college for all. “Why should those who have the means to finance their own children’s college be permitted to do so when the children...
  • Climate change is not a concern for CEOs? That should keep us all awake

    01/25/2015 6:14:57 AM PST · by Oldeconomybuyer · 12 replies
    Guardian UK ^ | January 25, 2015
    The first day of the World Economic Forum in Davos was dominated by calls for 2015 to be a year of action on climate change. But while some in the business community worry about sustainability, there is plenty of evidence that the vast bulk of business executives give it no consideration at all. “We are seeing the accelerated impact of climate change,” World Bank boss Jim Yong Kim said in a speech on Wednesday. “Last year was the hottest on record. That matters. Extreme weather is real. It’s a complete no-brainer to move towards cleaner, more livable cities.” Yet according...
  • Greek leftists Syriza aim for landmark election win

    01/25/2015 5:25:50 AM PST · by Oldeconomybuyer · 14 replies
    Reuters ^ | January 25, 2015 | BY ANGELIKI KOUTANTOU AND JAMES MACKENZIE
    Greeks began voting on Sunday in an election expected to bring to power the radical leftist Syriza party, which has pledged to take on international lenders and roll back painful austerity measures imposed during years of economic crisis. Barring a huge upset, victory for Syriza, which has led opinion polls for months, would produce the first euro zone government openly committed to cancelling the austerity terms of its EU and IMF-backed bailout programme. After its most severe crisis since the fall of the military junta in 1974, Greece's economy has shrunk by some 25 percent, thousands of businesses have closed,...
  • Green groups push EPA to address airline emissions

    01/23/2015 4:10:09 PM PST · by Oldeconomybuyer · 21 replies
    Summit County Citizens Voice (CO) ^ | January 23, 2015 | by Bob Berwyn
    FRISCO — With the EPA set to decide in May whether aircraft carbon pollution endangers public health or welfare, the battle over airline industry emissions in heating up. This week, six major green groups called on the EPA and the Federal Aviation Administration to move quickly to set emission standards to curb greenhouse gas pollution from the nation’s aircraft fleet. “The Obama administration needs to finally hold the airline industry accountable for its massive greenhouse gas emissions,” said Vera Pardee, a senior attorney with the Center’s Climate Law Institute. “The EPA has delayed action for years, and our climate is...
  • Judge Orders California To Make Timely Decisions On Medicaid Coverage

    01/23/2015 3:42:31 PM PST · by Oldeconomybuyer · 13 replies
    Kaiser Health News ^ | January 23, 2015 | By Anna Gorman
    Medi-Cal applicants who have been waiting for more than 45 days can receive temporary health benefits while officials determine eligibility for the public insurance program, a state Superior Court judge ruled this week. The suit, which was filed in Alameda County Superior Court by a coalition of health advocates and legal services groups, cited delays in enrolling pregnant women, children and adults with life-threatening conditions. Advocates said many either had to postpone treatment or pay cash to see doctors. Medi-Cal is California’s version of Medicaid, the publicly funded insurance program for poor and disabled residents. Prompted by the Affordable Care...
  • Climate change inaction pushes 'doomsday clock' closest to midnight since 1984

    01/22/2015 10:15:21 AM PST · by Oldeconomybuyer · 34 replies
    Guardian UK ^ | January 22, 2015 | by Suzanne Goldenberg
    The symbolic doomsday clock moved to three minutes before midnight on Thursday because of the gathering dangers of climate change and nuclear proliferation, signalling the gravest threat to humanity since the throes of the cold war. It was the closest the clock has come to midnight since 1984, when arms-control negotiations stalled and virtually all channels of communication between the US and the former Soviet Union closed down. $cientists suggested that the greater danger lay in the failure of leaders to recognise and act on climate change. “Stunning government failures have imperiled civilisations on a global scale,” Benedict said. “World...
  • Liberal Fascism-The Secret History of the American Left from Mussolini to the Politics of Meaning

    02/26/2008 7:10:25 AM PST · by SJackson · 20 replies · 554+ views
    FrontPageMagazine.com ^ | February 26, 2008 | David Forsmark
    Liberal Fascism   By David ForsmarkFrontPageMagazine.com | Tuesday, February 26, 2008 Liberal FascismThe Secret History of the American Left from Mussolini to the Politics of MeaningBy Jonah GoldbergDoubleday, $27.95, 487 pp.Review by David ForsmarkThat "thwack" you hear from coast to coast is conservative book-writing pundits smacking themselves on the forehead and exclaiming, "Why didn't I think of that?" The reason is National Review editor Jonah Goldberg's new book, Liberal Fascism: The Secret History of the American Left from Mussolini to the Politics of Meaning, as it racks up huge sales and dominates best-seller lists.It's a natural — even obvious...
  • Senate Votes 98-1 That Climate Change 'Is Not A Hoax'

    01/21/2015 2:17:54 PM PST · by Oldeconomybuyer · 193 replies
    NBC News ^ | January 21, 2015
    United States senators are now on the record on the question of whether climate change is "a hoax." The Senate on Wednesday passed a measure stating that "climate change is real and is not a hoax" by a margin of 98-1. The amendment was designed in part as a jab at GOP Sen. James Inhofe of Oklahoma, who has questioned the science of climate change. Inhofe voted for the measure, arguing that the true "hoax" is that climate change is the result of human activity. "Climate is changing, and climate has always changed, and always will, there's archeological evidence of...
  • GOP abuzz over Mitt Romney’s liberal lexicon on poverty, foreign policy

    01/21/2015 11:45:22 AM PST · by Tolerance Sucks Rocks · 44 replies
    The Washington Times ^ | January 20, 2015 | Ralph. Z. Hallow
    Mitt Romney’s opening pitch for a third shot at the White House left many Republicans scratching their heads, in part because his plans to fight poverty and tyranny seemed to borrow the lexicon of liberals like FDR, LBJ and Woodrow Wilson. With a full house of Republican National Committee members listening aboard the USS Midway in San Diego, Mr. Romney implored his party last week “to lift people out of poverty” and “to make the world safe.” The first phrase is a favorite of liberals who gush over Franklin Delano Roosevelt’s New Deal and Lyndon B. Johnson’s Great Society programs...
  • On This Day in 1933

    06/16/2013 5:40:22 PM PDT · by george76 · 14 replies
    Ludwig von Mises Institute ^ | June 13th, 2013 | Christopher Westley
    You were considered a hoarder and a slacker if you still resisted turning over your gold to the government. ... most of those who voted for FDR never expected him to confiscate private holdings of gold coins, bullion, and certificates. Roosevelt called the measure a temporary one (it wasn’t), and he followed it up by invalidating gold clauses in private contracts that obligated payment in gold dollars, which had the effect of devaluing the assets of bond and contract holders. ... By January 1934, Roosevelt increased the dollar price of gold from $20.67 to $35, thus devaluing the dollar by...