Archive for the 'Economy' Category
Incarceration’s Impact on Society
October 12th, 2010Via: McClatchy DC: You won’t need a calculator, but get ready to decipher a bunch of numbers — data that ought to make Americans feel both sadness and shame. … While the costs of housing prisoners — $50 billion annually for state correctional costs alone — should be enough to cause us to rethink our […]
Opium Fields Surround Main Australian Base in Afghanistan
October 11th, 2010Via: The Age: MORE than half the fields surrounding the main Australian base in Afghanistan are being used to grow opium poppies, as coalition forces struggle to ween locals off the lucrative crop. Locals question why troops and police have failed to crack down on the semi-open sale of the poppies, according to the report […]
Surprise — The Very Dark Side of U.S. History
October 11th, 2010Via: Alternet: There is a dark — seldom acknowledged — thread that runs through U.S. military doctrine, dating back to the early days of the Republic. This military tradition has explicitly defended the selective use of terror, whether in suppressing Native American resistance on the frontiers in the 19th Century or in protecting U.S. interests […]
Trading Alert: DBA
October 11th, 2010WARNING: This is not a recommendation to buy, sell or hold any financial instrument. Consider shortside plays on PowerShares DB Multi-Sector (NYSEArca: DBA). Stop $29.10. Currently $28.75x$28.76. Premise: Possible double top. Multiple bearish divergences on the oscillators, also, the daily and weekly OBV. But if it breaks higher, cut it loose fast. That might mean […]
Hal Lewis: My Resignation From the American Physical Society; Global Warming, “Is the Greatest and Most Successful Pseudoscientific Fraud I Have Seen in My Long Life as a Physicist”
October 11th, 2010Via: The Global Warming Policy Foundation: From: Hal Lewis, University of California, Santa Barbara To: Curtis G. Callan, Jr., Princeton University, President of the American Physical Society 6 October 2010 Dear Curt: When I first joined the American Physical Society sixty-seven years ago it was much smaller, much gentler, and as yet uncorrupted by the […]
‘Dying Communities See Salvation in New Prisons’
October 10th, 2010Hope and Change: Replacing collapsed industries with prisons. Via: AP: Mike Secinore is pinning his hopes on prison. Fresh with a criminal justice degree from the local community college, the 20-year-old Berlin native plans to apply for a corrections officer job at the federal prison expected to open in the city next summer. There aren’t […]
Three Horrifying Facts About the U.S. Debt “Situation”
October 10th, 2010Via: ZeroHedge: #1: The US Fed is now the second largest owner of US Treasuries. #2: “There are only about $550 billion of Treasuries outstanding with a remaining maturity of greater than 10 years.” #3: The US will Default on its Debt … either that or experience hyperinflation. There is simply no other option.
Tom Donilon: Obama’s New National Security Adviser and Fannie Mae Fraud
October 10th, 2010Via: Politico: To many in the foreign policy community, Tom Donilon’s selection Friday as national security adviser to President Barack Obama was a deserving reward for a consummate professional, a corporate lawyer who worked his way up through the foreign policy ranks over the years and is credited with holding the National Security Council together […]
WalMarts Swell with Poor People Once a Month at Midnight—When the Government’s Electronic Dole Payout Goes Through
October 10th, 2010Via: USA Today / AP: Once a month, just after midnight, the beeping checkout scanners at a Walmart just off Interstate 95 come alive in a chorus of financial desperation. Here and at grocery stores across the country, the chimes come just after food stamps and other monthly government benefits drop into the accounts of […]
Has Obama Ever Met an Industrial Food Shill He Didn’t Appoint?
October 9th, 2010Via: Grist: Earlier this month, Congress approved Obama’s nomination of Catherine Woteki, the USDA’s undersecretary for research, education, and economics. The appointment drew little attention in the press, including the sustainable-food blogosphere. That’s surprising, because Woteki comes to her new position after a five-year stint as global director of scientific affairs for Mars, Inc., the […]
