Saturday, March 8, 2014

Education groups battle teachers unions in state races

Billionaire-backed groups spend big pushing charter schools and vouchers

By Rachel Baye, 6:00 am, March 7, 2014; Updated: 6:00 am, March 7, 2014

Three weeks before Tennessee’s August 2012 primary election, state Rep. John DeBerry Jr.’s Memphis-area district was flooded with $52,000 worth of get-out-the-vote efforts supporting the then-nine-term incumbent. Six days later, another $52,000 in materials appeared.

By Election Day, the Tennessee affiliate of StudentsFirst, the education-focused organization behind the influx of support, had spent more than $109,000 backing DeBerry, a rare Democrat who supports voucher programs and charter schools. The state branch of the American Federation for Children, another education group, spent another $33,000.

The Real Story Behind the Detroit Pension Fight and What it Means to America's Future

By Lynn Stuart Parramore

A few months before the bankruptcy, the state of Michigan appointed an emergency manager, Kevyn Orr, to sort things out in Motor City. Orr was given extraordinary powers to rewrite contracts and liquidate some of the city’s most valuable assets. The burning question: Who would be responsible for the enormous debt? Soon enough it became clear that the folks who would be asked to take the hit were not those who created the problems. Just as in so many other parts of the world in the wake of the 2007-'08 financial meltdown, innocent people who did nothing but get up every day and go to work would be asked to pay the bill.

Conservative group Alec trains sights on city and local government

Ed Pilkington in New York
Thursday 6 March 2014 16.46 EST

The rightwing group Alec is preparing to launch a new nationwide network that will seek to replicate its current influence within state legislatures in city councils and municipalities.

The American Legislative Exchange Council, founded in 1973, has become one of the most pervasive advocacy operations in the nation. It brings elected officials together with representatives of major corporations, giving those companies a direct channel into legislation in the form of Alec “model bills”.

Critics have decried the network as a “corporate bill mill” that has spread uniformly-drafted rightwing legislation from state to state. Alec has been seminal, for instance, in the replication of Florida’s controversial “stand-your-ground” gun law in more than 20 states.

The Conundrum of ‘Democratic’ Coups

March 6, 2014

The U.S. government says it wants to spread “democracy,” a questionable claim considering the history. Think Iran-1953, Guatemala-1954, Chile-1973, Haiti-1991/2004, etc. Just this past year, the U.S. has embraced coups against elected presidents in Egypt and now Ukraine, as Lawrence Davidson observes.

By Lawrence Davidson

In the past couple of years a disturbing political phenomenon has arisen. To put it simply, groups espousing “democracy” have caused their countries to politically self-destruct by violently turning against the results of free and fair elections. Apparently, they act this way because the elections did not go their way and/or the elected officials adopted policies they oppose. They do so even when there is a possibility that changes in policy, and even changes in constitutions, can be had peacefully through legal means.

Admittedly this is happening in states both new to democratic politics and deeply divided along ideological lines. A tradition of compromise and a sensitivity to minority rights are not yet manifest in some of these fledgling “democracies.”

How an Astounding New Right-Wing Lie About the Economy Was Born

By Joshua Holland

An older item, but worth repeating--Dictynna

December 14, 2012  |   There's a new economic myth that's now being amplified by the conservative media. It demonizes vital public services and suggests that the poor are doing just fine thanks to the largesse of the country's “makers.” Conservatives are being told that the United States is now spending vast fortunes combatting poverty – more than we dedicate to national defense, Social Security and Medicare.

This new spin is notable not for its mendacity – although it is completely divorced from reality – but because its origins are easily traced, allowing us to see how these kinds of distortions come to be.

Why Americans Hate Welfare

Forget the 1%

By J.D. Alt

All this talk about the 99% versus the 1%? I say the easiest—and likely the most useful—thing to do is just forget the 1%. Write them off. Let them have their gated communities, their mega-yachts, their island retreats and off-shore bank accounts. What do we need them for?

For one thing, we DON’T need their money. Even if we could get it—which we can’t because they steadfastly refuse to use it for anything other than casino gambling in their private and secretive financial networks. We wonder why we have a “jobless recovery”? Does it have anything to do with the fact that such a large percentage of our “capital” has, for all practical purposes, been removed from the economy?

The Great American Working Class U-Turn

by Robert Reich

Do you recall a time in America when the income of a single school teacher or baker or salesman or mechanic was enough to buy a home, have two cars, and raise a family?

I remember. My father (who just celebrated his 100th birthday) earned enough for the rest of us to live comfortably. We weren’t rich but never felt poor, and our standard of living rose steadily through the 1950s and 1960s.

Gaius Publius: A new Crimean War? Putin, Peter the Great & the quest for a warm-water port

We’ve written about the complex situation in the Ukraine, how it’s not just a simple Europe vs. Russia global political conflict.

Ukraine is in trouble financially. So another axis for analysis, for example, is that “Europe” is offering a deeply neoliberal (privatized, austerity) deal to “help” them out of trouble, while Russia is offering a different kind of corruption, and more money.

What Neocons Want from Ukraine Crisis

March 2, 2014

Special Report: The Ukrainian crisis – partly fomented by U.S. neocons including holdovers at the State Department – has soured U.S-Russian relations and disrupted President Obama’s secretive cooperation with Russian President Putin to resolve crises in the Mideast, reports Robert Parry.

By Robert Parry

President Barack Obama has been trying, mostly in secret, to craft a new foreign policy that relies heavily on cooperation with Russian President Vladimir Putin to tamp down confrontations in hotspots such as Iran and Syria. But Obama’s timidity about publicly explaining this strategy has left it open to attack from powerful elements of Official Washington, including well-placed neocons and people in his own administration.

The gravest threat to this Obama-Putin collaboration has now emerged in Ukraine, where a coalition of U.S. neocon operatives and neocon holdovers within the State Department fanned the flames of unrest in Ukraine, contributing to the violent overthrow of democratically elected President Viktor Yanukovych and now to a military intervention by Russian troops in the Crimea, a region in southern Ukraine that historically was part of Russia.

Renting Judges for Secret Rulings

NEW HAVEN — SHOULD wealthy litigants be able to rent state judges and courthouses to decide cases in private and keep the results secret?

The answer should be an easy no, but if the judges of Delaware’s Chancery Court persuade the United States Supreme Court to take their case and reverse lower federal court rulings outlawing that practice, corporations will, in Delaware, be able to do just that.

The state has long been a magnet for corporate litigation because of its welcoming tax structures and the court’s business expertise. Yet the State Legislature became concerned that Delaware was losing its “pre-eminence” in corporate litigation to a growing market in private dispute resolution.

Scott Walker’s little-known scandal: When he treated welfare recipients like dogs

When Scott Walker was county executive, how he handled programs for Milwaukee’s poor will shock and amaze you



Among the racist jokes and emails found in recently released documents connected to the criminal probe of Gov. Scott Walker’s 2010 campaign, one stood out: A “joke” about a woman trying to sign up her dogs for welfare, because “my Dogs are mixed in color, unemployed, lazy, can’t speak English and have no frigging clue who the r Daddys are. They expect me to feed them, provide them with housing and medical care, and feel guilty.” The punch line: “My Dogs get their first checks Friday.”

Walker’s deputy chief of staff Kelly Rindfleisch replied: “That is hilarious. And so true.”

The joke is bad enough on its own, but it’s also worth noting: Back when Walker was Milwaukee county executive, and Rindfleisch was a top aide, he managed the county’s welfare programs so abysmally that after lawsuits by local clients, the state was forced to take them over. “They didn’t just call people dogs, they treated them like dogs,” one Milwaukee elected official recalled angrily.

Hey, Washington! The Pay Is Too Damn Low: The Minimum-Wage War

Giving America’s lowest-paid workers a raise is great for the economy. And even better for Democratic prospects in 2014

by Tim Dickinson
FEBRUARY 27, 2014

Nearly five years into the recovery from the Great Recession, the American economy remains fundamentally broken. Inequality is getting worse: Ninety-five percent of income gains since 2009 have gone to the top one percent of earners. Private employers have added more than 8 million jobs, but nearly two-thirds are low-wage positions. The American worker's share of the national income is as low as it's been in the six decades since World War II. But even as most Americans struggle just to tread water, corporate profits have soared to record highs.

Worse: The bottom rung of the economy is growing crowded; 3.8 million Americans – the equivalent population of the city of Los Angeles – now labor at or below the minimum wage. And that wage itself has lost more than 12 percent of its value since it was last hiked to $7.25 in 2007, due to inflation. In a more prosperous era, the stereotype of a minimum-wage worker was a teenager flipping burgers, earning a little beer money on the side. But in the new American economy, dominated by low-wage service jobs, fewer than one in four minimum-wage workers are teens. More than half are 25 or older. "The demographics have shifted," says Rep. George Miller, ranking Democrat on the House labor committee. "These are now important wage earners in their families."

The Scary New Evidence on BPA-Free Plastics 

And the Big Tobacco-style campaign to bury it.

—By Mariah Blake

Each night at dinnertime, a familiar ritual played out in Michael Green's home: He'd slide a stainless steel sippy cup across the table to his two-year-old daughter, Juliette, and she'd howl for the pink plastic one. Often, Green gave in. But he had a nagging feeling. As an environmental-health advocate, he had fought to rid sippy cups and baby bottles of the common plastic additive bisphenol A (BPA), which mimics the hormone estrogen and has been linked to a long list of serious health problems. Juliette's sippy cup was made from a new generation of BPA-free plastics, but Green, who runs the Oakland, California-based Center for Environmental Health, had come across research suggesting some of these contained synthetic estrogens, too.

Chris Hedges: Suffering? Well, You Deserve It

OXFORD, England—The morning after my Feb. 20 debate at the Oxford Union, I walked from my hotel along Oxford’s narrow cobblestone streets, past its storied colleges with resplendent lawns and Gothic stone spires, to meet Avner Offer, an economic historian and Chichele Professor Emeritus of Economic History.

Offer, the author of “The Challenge of Affluence: Self-Control and Well-Being in the United States and Britain Since 1950,” for 25 years has explored the cavernous gap between our economic and social reality and our ruling economic ideology. Neoclassical economics, he says, is a “just-world theory,” one that posits that not only do good people get what they deserve but those who suffer deserve to suffer. He says this model is “a warrant for inflicting pain.” If we continue down a path of mounting scarcities, along with economic stagnation or decline, this neoclassical model is ominous. It could be used to justify repression in an effort to sustain a vision that does not correspond to the real world.

Paul Krugman: The Inflation Obsession

Recently the Federal Reserve released transcripts of its monetary policy meetings during the fateful year of 2008. And, boy, are they discouraging reading.

Partly that’s because Fed officials come across as essentially clueless about the gathering economic storm. But we knew that already. What’s really striking is the extent to which they were obsessed with the wrong thing. The economy was plunging, yet all many people at the Fed wanted to talk about was inflation.

The Political Underbelly of the Pensions Crisis: What Broke the System, and How Do We Fix It?

Feb 25, 2014, Robert Johnson

Since the beginning of the Great Recession, policymakers and reporters have spoken of a growing crisis in public pensions. Many state and local governments are struggling to meet their obligations to retirees, and the easiest explanation is that government workers are overpaid and their pensions are unaffordable. But the evidence suggests that the pensions crisis is both less pervasive and more complex than that. Beyond the economic crisis, which put enormous pressure on state and municipal budgets, a range of factors including poor decision-making and the influence of big money interests has led to the underfunding of some state and city public pensions. With a clearer understanding of the problem, we can begin to take steps to solve it and keep our promises to public workers.

For Services Rendered? Wall Street’s Big Paydays For Trade Negotiators

Richard Eskow

If you take the king’s shilling, says the old saying, then you do the king’s bidding. So what happens when you take 100 million of them?

Here’s one possible answer: You negotiate trade deals like NAFTA and the Trans-Pacific Partnership (TPP), the new pact that the administration is currently trying to ram through Congress.  A recent report confirms that some of the officials crafting this latest agreement were paid handsomely by the Wall Street institutions that stand to benefit from it.

Emails Reveal Scott Walker Is Who We Thought He Was

Seth D. Michaels –

Last week thousands of emails from Scott Walker and his staff were released as the result of one of two lengthy investigations into Walker's political operation. We’ve learned a lot about how his team does business, but so far there’s no smoking gun proving Walker was directly involved in misconduct.

The investigation into Walker’s closest advisors isn’t getting the attention that’s going to Chris Christie’s controversies, and it isn’t as easy to understand as the grubby corruption surrounding former Virginia Gov. Bob McDonnell. Indeed, even though Walker’s talking like a guy who really wants this to go away, the Beltway press seems happy to oblige.

The Greatest Propaganda Coup of Our Time?

by Mike Whitney
 
There’s good propaganda and bad propaganda. Bad propaganda is generally crude, amateurish Judy Miller “mobile weapons lab-type” nonsense that figures that people are so stupid they’ll believe anything that appears in “the paper of record.” Good propaganda, on the other hand, uses factual, sometimes documented material in a coordinated campaign with the other major media to cobble-together a narrative that is credible, but false.

The so called Fed’s transcripts, which were released last week, fall into the latter category. The transcripts (1,865 pages) reveal the details of 14 emergency meetings of the Federal Open Market Committee (FOMC) in 2008, when the financial crisis was at its peak and the Fed braintrust was deliberating on how best to prevent a full-blown meltdown. But while the conversations between the members are accurately recorded, they don’t tell the gist of the story or provide the context that’s needed to grasp the bigger picture. Instead, they’re used to portray the members of the Fed as affable, well-meaning bunglers who did the best they could in ‘very trying circumstances’. While this is effective propaganda, it’s basically a lie, mainly because it diverts attention from the Fed’s role in crashing the financial system, preventing the remedies that were needed from being implemented (nationalizing the giant Wall Street banks), and coercing Congress into approving gigantic, economy-killing bailouts which shifted trillions of dollars to insolvent financial institutions that should have been euthanized.

Monday, March 3, 2014

Noam Chomsky: How America's Great University System Is Getting Destroyed

February 28, 2014  |  The following is an edited transcript of remarks given by Noam Chomsky via Skype on 4 February 2014 to a gathering of members and allies of the Adjunct Faculty Association of the United Steelworkers in Pittsburgh, PA. The transcript was prepared by Robin J. Sowards and edited by Prof. Chomsky.

On hiring faculty off the tenure track

That’s part of the business model. It’s the same as hiring temps in industry or what they call “associates” at Wal-Mart, employees that aren’t owed benefits. It’s a part of a corporate business model designed to reduce labor costs and to increase labor servility. When universities become corporatized, as has been happening quite systematically over the last generation as part of the general neoliberal assault on the population, their business model means that what matters is the bottom line. The effective owners are the trustees (or the legislature, in the case of state universities), and they want to keep costs down and make sure that labor is docile and obedient. The way to do that is, essentially, temps. Just as the hiring of temps has gone way up in the neoliberal period, you’re getting the same phenomenon in the universities. The idea is to divide society into two groups. One group is sometimes called the “plutonomy” (a term used by Citibank when they were advising their investors on where to invest their funds), the top sector of wealth, globally but concentrated mostly in places like the United States. The other group, the rest of the population, is a “precariat,” living a precarious existence.

How the Fed Let the World Blow Up in 2008


High oil prices blinded the Fed to the growing danger before the crash 

No, the Pentagon Is NOT Cutting Army Budget to 1930s Levels: Media's Latest Big Lie Debunked

By Steven Rosenfeld

The rationale was that after America’s longest overseas war, 11 years in Afghanistan and Iraq, the military had to balance downsizing and modernizing. The coverage that ensued was anything but rational. “Pentagon set to Slash Military to Pre-World War II Levels,” blared NBCNews.com. The New York Times [4], Reuters [5], NewsMax.com [6], FoxNews [7], Time [8], CNN [9] all had headlines that the Army reduction was to “pre-World War II levels.”

A Shadow US Foreign Policy

February 27, 2014

Exclusive: A shadow foreign policy apparatus built by Ronald Reagan for the Cold War survives to this day as a slush fund that keeps American neocons well fed and still destabilizes target nations, now including Ukraine, creating a crisis that undercuts President Obama, reports Robert Parry.


By Robert Parry

The National Endowment for Democracy, a central part of Ronald Reagan’s propaganda war against the Soviet Union three decades ago, has evolved into a $100 million U.S. government-financed slush fund that generally supports a neocon agenda often at cross-purposes with the Obama administration’s foreign policy.

NED is one reason why there is so much confusion about the administration’s policies toward attempted ousters of democratically elected leaders in Ukraine and Venezuela. Some of the non-government organizations (or NGOs) supporting these rebellions trace back to NED and its U.S. government money, even as Secretary of State John Kerry and other senior officials insist the U.S. is not behind these insurrections.

Richard Wolff: Enterprise Structure Is Key to the Shape of a Post-Capitalist Future

Wednesday, 26 February 2014 09:33  
By Leslie Thatcher, Truthout | Interview 

Richard Wolff talks about "The Shape of a Post-Capitalist Future," his entry in the new anthology Imagine: Living in a Socialist USA, and his conviction that making the transition from capitalism to socialism requires a deliberate critique of capitalist workplace organization.

GOP's New Plan Hikes Taxes On Americans In Blue States

Sahil Kapur –

Gaius Publius: Are Democrats who Propose Cuts to Social Security “Stupid” or Just Doing Risk-Analysis?

This is part editorial, and part analysis of my own. The kickoff point relates to Social Security, but it also relates to a whole set of similar unpopular, unpopulist proposals.

Let’s start here. I frequently read statements like these:
How can Democrats be so stupid? Don’t they realize that when they agree with Republicans about cutting Social Security (or whatever), they’ll still get attacked by Republicans for … cutting Social Security? How dumb is that? When will they learn?
This has been happening recently, in fact, on just the issue above. Buzzfeed:
Republicans Now Attacking Florida Democrat For Supporting Simpson-Bowles

The National Republican Congressional Committee (NRCC) has taken an odd course in the Florida special election to replace Republican Rep. Bill Young after his death in October of last year: The NRCC is bashing Democratic candidate Alex Sink for supporting Simpson-Bowles, a deficit reduction plan Republicans most often attack President Obama for abandoning or ignoring.

Meet the Powerful Billionaire Family Hell Bent on Imposing Their Right-Wing Agenda and Defunding the Left

By Andy Kroll

Jackson and Richardville had grown up in the auto town of Monroe, 40 miles south of Detroit. Jackson now headed Michigan's 14,000-member carpenters and millwrights' union [5], which had endorsed Richardville, a moderate Republican, for 10 of the 12 years he'd served in the state Legislature.

"Guess where I was last night," Richardville said.

Sunday, March 2, 2014

The simple math that tells you the new GOP tax plan is a scam

By Michael Hiltzik
February 26, 2014, 1:52 p.m.

The long-awaited Republican tax reform plan was released today by House Ways and Means Committee Chairman Dave Camp (R-Mich). It's being hailed as a breakthrough in putting real reform on the table, but also being instantly eulogized as dead-on-arrival in a Congress that wants no part of any tax reform, now or ever.

Still, it's instructive to examine the Camp plan for a primer on the latest mathematical trickery aimed at making something that preserves, even enhances, tax benefits for the wealthy appear instead to be a tax increase for the wealthy. Nice try, Congressman Dave.

Henry Giroux on Resisting the Neoliberal Revolution

Wednesday, 26 February 2014 09:17
By Henry A Giroux, Moyers & Company | Op-Ed

The notion of the “Deep State” as outlined by Mike Lofgren may be useful in pointing to a new configuration of power in the US in which corporate sovereignty replaces political sovereignty, but it is not enough to simply expose the hidden institutions and structures of power.

What we have in the US today is fundamentally a new mode of politics, one wedded to a notion of “power unaccompanied by accountability of any kind,” and this poses a deep and dire threat to democracy itself, because such power is difficult to understand, analyze and counter.

The mysterious online war against a payday lending crackdown

Anonymous issue campaign says government crackdown is 'destroying the free market'

By Daniel Wagner
6:00 am, February 19, 2014 Updated: 3:39 pm, February 25, 2014

An online campaign waged by a mysterious new nonprofit group claims that an Obama administration effort to curb lending abuses will take away people’s guns, close down charities and destroy the free market. To drive the point home, the group portrays President Barack Obama as a marauding Godzilla.

The attack’s sponsors are at this point anonymous.

At issue is a government initiative to sue banks that debit people’s bank accounts illegally on behalf of companies in fraud-prone industries.

How TPP Would Harm You At the Drug Store and On The Internet

A law affecting content on the Internet that was rejected by Congress shows up in a trade agreement designed to bypass and override Congress. Small, innovative companies that manufacture low-cost, generic drugs find their products blocked.

Those are examples of what is in store based on provisions in the Trans-Pacific Partnership (TPP), which is now being negotiated by the United States and 11 other nations, that have been leaked to the public. The leaks appear to show that provision after leaked provision will take power away from democracy and countries and hand it to the biggest corporations. No wonder these giant, monopolistic corporations want Congress to approve Fast Track before they – and We the People – get a chance to read the agreement.

How Govt. Hides the Poor: Formula for Measuring Poverty Dates to When a Loaf of Bread Cost 22 Cents

By Steven Rosenfeld

To determine who is officially poor in America, the federal government compares a family’s annual cash income to a figure produced by an arcane formula that's based on the price of food [3] in 1963, when a loaf of bread was 22 cents and a burger less than a quarter. Starting under President Lyndon Johnson, the government's official way of defining who is poor comes from calculating [4] a minimum food budget for a family of four, tripling that figure to cover other living costs, and then indexing it annually for inflation.

The result is the federal poverty level. For 2014, that threshold was $23,850 for a family of four. Smaller families can subtract $4,060 per person. Individuals making $11,670 or less in 2014 were officially poor. Many government programs, from School Lunch to the Earned Income Tax Credit to Obamacare's subsidies, decide eligibility by comparing one’s annual cash income to the official poverty level—or to a multiple of it, say 150 percent.

This is no recovery, this is a bubble – and it will burst

Stock market bubbles of historic proportions are developing in the US and UK markets. With
policymakers unwilling to introduce tough regulation, we're heading for trouble

Ha-Joon Chang
The Guardian, Monday 24 February 2014 13.00 EST

According to the stock market, the UK economy is in a boom. Not just any old boom, but a historic one. On 28 October 2013, the FTSE 100 index hit 6,734, breaching the level achieved at the height of the economic boom before the 2008 global financial crisis (that was 6,730, recorded in October 2007).

Since then, it has had ups and downs, but on 21 February 2014 the FTSE 100 climbed to a new height of 6,838. At this rate, it may soon surpass the highest ever level reached since the index began in 1984 – that was 6,930, recorded in December 1999, during the heady days of the dotcom bubble.

Hidden History: The War on Poverty at 50

Tuesday, 25 February 2014 09:50  
By Ted Morgan, Truthout | News Analysis 

Despite mass media attention to the War on Poverty at 50, its centerpiece, the Community Action Program, is ignored. Thus an important story - how the poor were empowered then cast aside - is lost.
Who controls the past controls the future;
who controls the present controls the past.
 - George Orwell, 1984
In the totalitarian world of 1984, Winston Smith was assigned the job of changing news accounts of past events so the total rule of the Party could never be challenged by facts that contradicted Big Brother's propaganda. Control of the past isn't quite so total in the United States, but to read about the 50th anniversary of the "War on Poverty" in the American press is to appreciate how significantly history is rewritten in this country, how information that doesn't square with the interests and propaganda of elites has disappeared down the "black hole" of memory.

Fifty years ago, President Lyndon Johnson declared "unconditional war on poverty" in his first State of the Union address. The centerpiece of the poverty program was passage of the Economic Opportunity Act, which featured most prominently the Community Action Program (CAP) and the Job Corps. The long-invisible history of empowerment, struggle and ultimately defeat and abandonment of America's poor under CAP contains powerful lessons of hope and despair that Americans need to understand. That hidden history holds important lessons about both the possibility and erosion of democracy in America.

Wits scientists debunk climate change myths

By Kanina Foss

25 February 2014
 
Wits University scientists have debunked two big myths around climate change by proving firstly, that despite predictions, tropical storms are not increasing in number. However, they are shifting, and South Africa could be at increased risk of being directly impacted by tropical cyclones within the next 40 years. Secondly, while global warming is causing frost to be less severe, late season frost is not receding as quickly as flowering is advancing, resulting in increased frost risk which will likely begin to threaten food security.

Thomas Frank: Paul Krugman won’t save us: We need a new conversation about inequality

Democrats are scared of class. But issues like inequality are why liberals exist, and talk can't be left to elites 

When President Obama declared in December that gross inequality is the “defining challenge of our time,” he was right, and resoundingly so. As is his habit, however, he quickly backed away from the idea at the urging of pollsters and various Democratic grandees.

I can understand the Democrats’ fears about venturing into this territory. It feels like a throwback to an incomprehensible time — to a form of liberalism that few of them understand anymore. Unfortunately, they really have no choice. Watching first the way the bankers steered us into disaster in 2008 and then the way they harvested the fruits of our labored recovery — these spectacles have forced the nation to rediscover social class, and as we dig deeper into the subject we are appalled to learn what has been going on for the last three decades.

It Doesn't Take Much Sugar for It to Wreak Havoc on Your Body

By Jill Richardson

Her statement contradicts the notion we’ve had for years that the worst thing about sugar is its lack of nutrients. Either you’re eating sugar in addition to all of the calories you need to stay healthy, or you’re eating it instead of them. In the former case, you’re getting too many calories; in the latter, you’re getting too few nutrients. This idea is so dominant it was recently cited [3] in an anti-sugar op-ed in the Guardian.

Even if that was the case, we’re eating too much sugar. Or, more specifically, too much added sugar. Sugars that are naturally present in whole foods like fruit are okay; it’s the sugar added to whole foods that we must worry about. Previously, the World Health Organization said we should limit consumption of added sugars to 10 percent of calories. Even then, more than seven in 10 Americans [4] ate too much sugar. On average, about 15 percent of our calories came from added sugars.

Team converts sugarcane to a cold-tolerant, oil-producing crop

CHAMPAIGN, Ill. — A multi-institutional team reports that it can increase sugarcane's geographic range, boost its photosynthetic rate by 30 percent and turn it into an oil-producing crop for biodiesel production.

These are only the first steps in a bigger initiative that will turn sugarcane and sorghum – two of the most productive crop plants known – into even more productive, oil-generating plants.

Is the U.S. Backing Neo-Nazis in Ukraine?

By Max Blumenthal


White supremacist banners and Confederate flags were draped [3] inside Kiev’s occupied City Hall, and demonstrators have hoisted [4] Nazi SS and white power symbols over a toppled memorial to V.I. Lenin. After Yanukovich fled his palatial estate by helicopter, EuroMaidan protesters destroyed [5] a memorial to Ukrainians who died battling German occupation during World War II. Sieg heil salutes and the Nazi Wolfsangel symbol have become an increasingly common site in Maidan Square, and neo-Nazi forces have established “autonomous zones” in and around Kiev.

Frances Fox Piven | Extreme Poverty Has Been Used to Divide and Terrify Working People for Centuries

In the following excerpted chapter, scholar Frances Fox Piven argues that the guarantee of a universal income would facilitate a new economic fairness and stability to a financial system careening out of control.

Most of the world is now in the grip of hyper-capitalism, what we call neoliberalism. This new system has brought us careening economic instabilities, worsening ecological disasters, brutal wars, a depleted public sector and poverty in the affluent global north, and the prospect of mass famine in the global south.

It seems high time to think about alternatives to the capitalist behemoth. I don’t know whether we will ultimately call the new ways of organizing our society "socialist," but the values that have inspired movements for socialism in the past should inform our search. Those values include a society with sharply reduced inequalities in both material circumstances and social status. Socialist movements also aspire to lessen the grinding toil now imposed on those who work for wages. They dream of an inclusive culture. They fight for democratic practices and policies in which influence is widely shared. And they believe in eliminating the pervasive terror in everyday life that is produced by the exigencies of capitalist markets and the arbitrary power of the state regimes that support those markets.

What Media Should Know About The Next Big Class Action Case At The Supreme Court

››› SERGIO MUNOZ

On March 5, the Supreme Court will hear oral arguments in Halliburton v. Erica P. John Fund, a class action brought on behalf of investors allegedly defrauded by false disclosures of the Texas oil giant. Halliburton has fought to deny a trial on the merits for over a decade, and is now asking the conservative justices to overturn decades of precedent that allows shareholder lawsuits under the rebuttable presumption that this type of misinformation is a "fraud on the market."

Conservative Justices Invited This Opportunity To Dismantle Protections For Securities Fraud Victims

The New York Times' DealBook: This Case Could "Put A Stake Through The Heart" Of These Class Actions. In his analysis of why decades of Supreme Court precedent aimed at effectively regulating stock markets could be at risk, legal expert Steven M. Davidoff noted that four of the conservative justices are willing to do away with a 25-year old legal doctrine. From The Times' DealBook on October 15, 2013:
A group of pro-corporate forces has begun a behind-the-scenes fight at the Supreme Court. You may not have heard about it, but it could just end shareholders' ability to sue companies for securities fraud.
[...]

Worse than Wal-Mart: Amazon’s sick brutality and secret history of ruthlessly intimidating workers

You might find your Prime membership morally indefensible after reading these stories about worker mistreatment 

Simon Head


When I first did research on Walmart’s workplace practices in the early 2000s, I came away convinced that Walmart was the most egregiously ruthless corporation in America. However, ten years later, there is a strong challenger for this dubious distinction—Amazon Corporation. Within the corporate world, Amazon now ranks with Apple as among the United States’ most esteemed businesses. Jeff Bezos, Amazon’s founder and CEO, came in second in the Harvard Business Review’s 2012 world rankings of admired CEOs, and Amazon was third in CNN’s 2012 list of the world’s most admired companies. Amazon is now a leading global seller not only of books but also of music and movie DVDs, video games, gift cards, cell phones, and magazine subscriptions. Like Walmart itself, Amazon combines state-of-the-art CBSs with human resource practices reminiscent of the nineteenth and early twentieth centuries.

How Morgan Stanley Has Raked in Billions by Manipulating the Prices of Everyday Commodities

By Jed Morey

The easiest way to think about commodities is that they are things — physical things — that can be measured in size, quantity or volume. Fruit. Oil. Grains. Metals. Currency. All these have unique characteristics and trade against one another on commodities exchanges throughout the world.

It is a complicated system that’s not for the faint of heart. Only a select few traders on Wall Street have the acumen and desire to deal in this sector, an exchange that had been efficiently regulated by the CEA since 1936. To help understand the markets, in 2008 I interviewed Michael Greenberger, an outspoken critic and former employee of the CFTC, who described these as “backwater markets,” but ones that recently have become “as important to understand and regulate as the securities and debt markets are.”

Can the Internet Democratize Capitalism?

Posted on February 22, 2014 by Yves Smith

Yves here. Trust me, you must read this post. In its entirety. Varoufakis discusses the operation of “liberal democracy” as opposed to “classical democracy,”. and argues that voter apathy is a feature, not a bug. But the real meat is in his discussion of how the economic rights of laborers has changed over time and how that has had profound implications for democracy.

By Yanis Varoufakis, professor of economics at the University of Athens. Cross posted from his blog

Technological fixes to time-honoured problems are all the rage these days. Bitcoin is meant to fix money, social media are seen as an antidote to Rupert Murdoch and assorted tyrants, networked robots are to help countries like Japan deal with demographic declines etc. Perhaps the largest claim is that the Internet has helped (or is about to help) democratise capitalism. Ten years ago that claim struck me as both fascinating and dubious. So, I sat down and wrote an article about it (circa 2004). Its gist: The Internet is a wonderful leveller. But democracy requires a great deal more than mere ‘levelling’. Primarily, it requires political institutions that enable the economically weak to have a decisive say on policy against the interests of the rich and powerful. Ten years later, I am re-visiting this question, under the shadow of a global crisis that made it even harder to convert an e’Demos into genuine e’Democracy. What follows is an updated version of the original paper.

Will Plug-in Cars Crash the Electric Grid?

By Joshua E. Brown

Selecting a Chevy Volt, Tesla Model S, Nissan Leaf — or one of many other new models — shoppers in the United States bought more than 96,000 plug-in electric cars in 2013. That’s a tiny slice of the auto market, but it’s up eighty-four percent from the year before. In Vermont, as of January 2014, there were 679 plug-in vehicles, according to the Vermont Energy Investment Corporation. That’s two hundred percent growth over 2013.

This is good news in terms of oil consumption and air pollution. But, of course, every plug-in has to be, well, plugged in.

David Cay Johnston: Comcast's Costly Package

The deal, which was announced [4] last week, would create a monopolistic behemoth, reducing competition in the telecommunications sector and granting the consolidated companies more power to simultaneously raise prices and depress wages. It would reduce the number of jobs on the market, weaken smaller businesses and restrain the deployment of technology — especially the high-speed Internet access that’s necessary to support economic growth in this digital age.

New, inexpensive production materials boost promise of hydrogen fuels

MADISON, Wis. — Generating electricity is not the only way to turn sunlight into energy we can use on demand. The sun can also drive reactions to create chemical fuels, such as hydrogen, that can in turn power cars, trucks and trains.

The trouble with solar fuel production is the cost of producing the sun-capturing semiconductors and the catalysts to generate fuel. The most efficient materials are far too expensive to produce fuel at a price that can compete with gasoline.

The Myth Behind Public School Failure

In the rush to privatize the country’s schools, corporations and politicians have decimated school budgets, replaced teaching with standardized testing, and placed the blame on teachers and students.

by Dean Paton

Until about 1980, America’s public schoolteachers were iconic everyday heroes painted with a kind of Norman Rockwell patina—generally respected because they helped most kids learn to read, write and successfully join society. Such teachers made possible at least the idea of a vibrant democracy.

Since then, what a turnaround: We’re now told, relentlessly, that bad-apple schoolteachers have wrecked K-12 education; that their unions keep legions of incompetent educators in classrooms; that part of the solution is more private charter schools; and that teachers as well as entire schools lack accountability, which can best be remedied by more and more standardized “bubble” tests.

What led to such an ignoble fall for teachers and schools? Did public education really become so irreversibly terrible in three decades? Is there so little that’s redeemable in today’s schoolhouses?

There's a Shadow Govt. Running the Country, And It's Not Up for Re-Election

BillMoyers.com / By Mike Lofgren

Rome lived upon its principal till ruin stared it in the face. Industry is the only true source of wealth, and there was no industry in Rome. By day the Ostia road was crowded with carts and muleteers, carrying to the great city the silks and spices of the East, the marble of Asia Minor, the timber of the Atlas, the grain of Africa and Egypt; and the carts brought out nothing but loads of dung. That was their return cargo.
—"The Martyrdom of Man" by Winwood Reade (1871)

There is the visible government situated around the Mall in Washington, and then there is another, more shadowy, more indefinable government that is not explained in Civics 101 or observable to tourists at the White House or the Capitol. The former is traditional Washington partisan politics: the tip of the iceberg that a public watching C-SPAN sees daily and which is theoretically controllable via elections. The subsurface part of the iceberg I shall call the Deep State, which operates on its own compass heading regardless of who is formally in power.



During the last five years, the news media have been flooded with pundits decrying the broken politics of Washington. The conventional wisdom has it that partisan gridlock and dysfunction have become the new normal. That is certainly the case, and I have been among the harshest critics of this development. But it is also imperative to acknowledge the limits of this critique as it applies to the American governmental system. On one level, the critique is self-evident: in the domain that the public can see, Congress is hopelessly deadlocked in the worst manner since the 1850s, the violently rancorous decade preceding the Civil War.

Saturday, February 22, 2014

This amazing washing machine uses virtually no water

By Holly Richmond

Nearly a quarter of the water your household uses goes into your washing machine, and the average family of four will use 12,000 gallons of water a year on laundry. What if there were a way to de-stankify your clothes without draining the ocean?

Now there is, thanks to British company Xeros, which has made what it says is the first true leap forward for washing machines in 60 years. Using only a cup of water — about 90 percent less than normal washers — Xeros’ washing machine tumbles clothes with a million little plastic beads that absorb dirt when humidity is present.

Federal Government Soon to Know Everywhere You've Driven

Paul Waldman
February 20, 2014

There are more license-plate cameras installed all the time. Now the government wants to put all the data together in one database.

Well here we go. A few days ago, Ars Technica spotted a listing on a federal government website, explaining that the Immigration and Customs Enforcement (ICE) agency is looking for a vendor who can assemble for them a database that brings together data from the all the license plate cameras that more and more police departments across the country are installing. You don't like the fact that the government has a file somewhere listing every call you've made on your cell phone? How do you feel about them knowing everywhere you've driven?

Matt Stoller: “Free Trade” Pacts Were Always About Weakening Nation-States to Promote Rule by Multinationals

Posted on February 21, 2014 by Yves Smith

Yves here. I hope those of you who are in countries being browbeaten to sign the Trans-Pacific Partnership or the TransAtlantic Trade and Investment Partnership will circulate this post widely.

By Matt Stoller, who writes for Salon and has contributed to Politico, Alternet, Salon, The Nation and Reuters. You can reach him at stoller (at) gmail.com or follow him on Twitter at @matthewstoller. Originally published at Observations on Credit and Surveillance

Here’s part one of this series on the origins of NAFTA and our current trading regime.

It’s amazing what you find in the Congressional Record. For example, you find American political officials (liberal ones, actually) engaged in an actual campaign to get rid of countries with their pesky parochial interests, and have the whole world managed by global corporations. Yup, this actually was explicit in the 1960s, as opposed to today’s passive aggressive arguments which amount to the same thing.

Here’s the backstory.

Paul Krugman: The Stimulus Tragedy

Five years have passed since President Obama signed the American Recovery and Reinvestment Act--the 'stimulus'--into law.  With the passage of time, it has become clear that the Act did a vast amount of good.  It helped end the economy's plunge; it created or saved millions of jobs; it left behind an important legacy of public and private investment.

How Tea Party Absolutism Cost The GOP A Huge Win On Entitlements

Sahil Kapur –

House Speaker John Boehner wanted to seal the so-called grand bargain, and was willing to reciprocate with the $800 billion in new tax revenues that the president sought in return. Democratic leaders were grudgingly willing to support Obama on what they feared was a lopsided deal for conservatives.

Brilliant teen publishes paper on saving the climate with ammonia-fueled cars

By Holly Richmond

Doo Won Kang hasn’t even graduated from high school yet, but he’s already a climate activist and published author. The senior at Alexandria, Va.’s Thomas Jefferson High School for Science and Technology not only founded a student initiative to tell teens about climate change, but he also wrote an 18-page paper on transportation solutions to lower carbon emissions. And the Bulletin of the Atomic Scientists recently published an excerpt from his paper, making him officially way more impressive than we were at 18.

How Dark Money Flows Through the Koch Network

By Al Shaw, Theodoric Meyer and Kim Barker, ProPublica
Feb. 14, 2014

Fundraising by the libertarian billionaire brothers Charles and David Koch supports a tangle of nonprofits, sometimes referred to as the Kochtopus, all aimed at advancing conservative causes. Two groups, the Freedom Partners Chamber of Commerce and TC4 Trust, handed out almost $264 million from mid-2011 to October 2012 to 30 other nonprofits.

Paul Krugman: When Journalists Choose to Speculate Rather Than Report

Earlier this month, Dave Weigel at Slate looked at the media's disastrous initial handling of a Congressional Budget Office report - CBOghazi, hah! - and addressed one of my pet peeves: reporting that skips right past the actual policy issues to speculation about how they will play politically. I think of this as "second-order" reporting, and it's almost always a bad thing.

I wrote about this during the 2004 presidential campaign, when I did some painful research, wading through two months of TV news transcripts.

Virginia House Committee Quietly Kills Bill That Would Have Repealed Mandatory Ultrasound Law

by Emily Crockett, Reporting Fellow, RH Reality Check
February 19, 2014 - 10:31 am

In a Friday afternoon vote that allowed for neither audience testimony nor a recorded roll-call vote from its members, a Republican-dominated subcommittee in the Virginia House of Delegates voted against repealing the state’s 2012 mandatory ultrasound law.

After five banker deaths in January, a sixth: J.P. Morgan exec jumps in Hong Kong

By John Byrne
Wednesday, February 19, 2014 10:09 EST

Across the world, bankers are plummeting to their deaths.

In the latest of a series of fatal falls,  a 33-year-old J.P. Morgan employee leapt from the roof of J.P. Morgan’s Hong Kong headquarters on Tuesday, above, plunging thirty stories to his death.

The employee’s role at the bank was unknown. Witnesses say police tried to stop the man from jumping to no avail. The employee’s death is just the latest in a string of seeming suicides that have wreaked havoc in the moneyed class over the past months.

The New Fascism: Terms and Conditions

Tuesday, 18 February 2014 14:13  
By The Daily Take, The Thom Hartmann Program | Op-Ed 

Let's talk about those pesky terms and conditions.

Last month, I had a chance to talk with John McAfee, the founder of the popular McAfee computer security programs.

We talked about how people usually don't read the terms and conditions of the smartphone applications that they download onto their phones.

But McAfee did read the terms and conditions of the Bank of America smartphone application, and what he saw was pretty shocking.

Glenn Greenwald: On the UK’s Equating of Journalism with Terrorism

As my colleague Ryan Deveraux reports, a lower U.K. court this morning, as long expected, upheld the legality of the nine-hour detention of my partner, David Miranda, at Heathrow Airport last August, even as it acknowledged that the detention was “an indirect interference with press freedom”. For good measure, the court also refused permission to appeal (though permission can still be granted by the appellate court). David was detained and interrogated under the Terrorism Act of 2000.

The UK Government expressly argued that the release of the Snowden documents (which the free world calls “award-winning journalism“) is actually tantamount to “terrorism”, the same theory now being used by the Egyptian military regime to prosecute Al Jazeera journalists as terrorists. Congratulations to the UK government on the illustrious company it is once again keeping. British officials have also repeatedly threatened criminal prosecution of everyone involved in this reporting, including Guardian journalists and editors.

Congress Is About to Shower More Tax Breaks on Corporations After Telling the Unemployed to Drop Dead

If Congress decides it cannot spend money to help working families and the unemployed without offsetting the costs by cutting spending, then lawmakers should also refuse to enact tax cuts for businesses unless they can offset the costs by closing business tax loopholes. Sadly, both Democrats and Republicans refuse to acknowledge this commonsense principle as they discuss enacting the so-called “tax extenders” without closing any business tax loopholes — after failing to extend Emergency Unemployment Compensation (EUC) because of a dispute over how to offset the costs.

Paul Krugman: In Argentina, the Rules Still Apply

In an article published on Slate earlier this month titled "Argentina Did the Right Thing in 2002, the Wrong Thing Last Year," the commentator Matthew Yglesias said what needed to be said about Argentina's economic troubles: there's no contradiction at all between arguing that Argentina was right to follow heterodox policies in 2002, but that it is wrong to reject advice to curb deficits and control inflation now.

I know some people find this hard to grasp, but the effects of economic policies, and the appropriate policies to follow, depend on circumstances. I would add that we know what those circumstances are! Policies like running deficits and printing a lot of money are inflationary and bad in economies that are constrained by limited supply; they are useful and good when the problem is persistently inadequate demand. Similarly, unemployment benefits probably lead to lower employment in a supply-constrained economy; they increase employment in a demandconstrained economy; and so on.

Toxins in Huggies and Pampers Aren't What You Want to Put Near Baby's Skin

By Jill Richardson

Dioxins [4] are a class of potent carcinogens (cancer causers) that are not made on purpose but are created as a byproduct of industrial processes like chlorine bleaching of paper pulp and some natural processes like volcano eruptions. The name dioxins refers to hundreds of chemicals, out of which about 30 are the most toxic. The most toxic, TCDD, was the contaminant in the infamous Agent Orange that made it so deadly. They are considered persistent pollutants because, once created, they hang around for a long time without breaking down and they stay in the human body for a long time, too.

Dean Baker: Thomas Friedman Escaped and Is Writing About Economics Again

Saturday, 15 February 2014 21:33

Thomas Friedman is loose in Silicon Valley, the economic hub best known for colluding to rip off its workers. He can't contain his enthusiasm for "start-up America," telling readers;
"What they all have in common is they wake up every day and ask: 'What are the biggest trends in the world, and how do I best invent/reinvent my business to thrive from them?' They’re fixated on creating abundance, not redividing scarcity, and they respect no limits on imagination. No idea here is 'off the table.'"

Bill Moyers: David Simon on Our Rigged Political System

David Simon, journalist and creator of the TV series The Wire and Treme, returns to talk with Bill Moyers about the triumph of capital over democracy.

“If I could concentrate and focus on one thing … and start to walk the nightmare back, it would be campaign finance reform” Simon says.

Simon warns that if we don’t fix our broken election system — by getting big money out of elections and ending gerrymandering — we will have reached “the end game for democracy.”

Paul Krugman: Barons of Broadband

Last week’s big business news was the announcement that Comcast, a gigantic provider of cable TV and high-speed Internet service, has reached a deal to acquire Time Warner, which is merely huge. If regulators approve the deal, Comcast will be an overwhelmingly dominant player in the business, with around 30 million subscribers.

So let me ask two questions about the proposed deal. First, why would we even think about letting it go through? Second, when and why did we stop worrying about monopoly power?

Chris Hedges: Our Sinister Dual State


On Thursday the former National Security Agency official and whistle-blower William E. Binney and I will debate Stewart A. Baker, a former general counsel for the NSA, P.J. Crowley, a former State Department spokesman, and the media pundit Jeffrey Toobin. The debate, at Oxford University, will center on whether Edward Snowden’s leaks helped or harmed the public good. The proposition asks: “Is Edward Snowden a Hero?” But, on a deeper level, the debate will revolve around our nation’s loss of liberty.

The government officials who, along with their courtiers in the press, castigate Snowden insist that congressional and judicial oversight, the right to privacy, the rule of law, freedom of the press and the right to express dissent remain inviolate. They use the old words and the old phrases, old laws and old constitutional guarantees to give our corporate totalitarianism a democratic veneer. They insist that the system works. They tell us we are still protected by the Fourth Amendment: “The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no Warrants shall issue, but upon probable cause, supported by Oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized.” Yet the promise of that sentence in the Bill of Rights is pitted against the fact that every telephone call we make, every email or text we send or receive, every website we visit and many of our travels are tracked, recorded and stored in government computers. The Fourth Amendment was written in 1789 in direct response to the arbitrary and unchecked search powers that the British had exercised through general warrants called writs of assistance, which played a significant part in fomenting the American Revolution. A technical system of surveillance designed to monitor those considered to be a danger to the state has, in the words of Binney, been “turned against you.”

Time to Restore the Power of the National Labor Relations Act

Monday, 17 February 2014 09:48  
By Ellen Dannin, Truthout | Op-Ed 

One in seven Americans - that is 46.5 million of us - live in poverty. And in the wake of the Great Recession, there is more to poverty today than just a bad economy. We have an increasingly unequal society in which the top 1% holds 40% of the wealth. According to a Global Post study, the United States leads the trend toward greater inequality which is rising faster - and already greater - here than in nearly all other developed countries.

Until the Reagan Administration, the minimum wage was set at a level that allowed one wage earner to support a family. The minimum wage has never been required to keep up with inflation nor been benchmarked to ensure that a full-time worker's wages can keep a family above the poverty line. As a result, many workers' families have now become destitute.

Brian Beutler: Ted Cruz just doomed the GOP--but not in the way you think

He won a small battle with his debt limit gambit, but also made the GOP's extortion tactics much harder. Here's why

Last week the seams holding together factions of the Republican party burst open once again. And once again, Sen. Ted Cruz, R-Texas, was the guy scraping at them with a scalpel.

He didn’t shut down the government, or talk himself hoarse on the Senate floor. But he did spoil his leadership’s plan to let Senate Democrats increase the debt limit on their own without implicating any individual Republicans — including the highest-ranking Republican, who just happens to be in the midst of an unexpectedly tough election.

Stanford scientist to unveil 50-state plan to transform US to renewable energy

Stanford Professor Mark Jacobson and his colleagues recently developed detailed plans to transform the energy infrastructure of New York, California and Washington states from fossil fuels to 100 percent renewable resources by 2050. On Feb. 15, Jacobson will present a new roadmap to renewable energy for all 50 states at the annual meeting of the American Association for the Advancement of Science (AAAS) in Chicago.

The online interactive roadmap is tailored to maximize the resource potential of each state. Hovering a cursor over California, for example, reveals that the Golden State can meet virtually all of its power demands (transportation, electricity, heating, etc.) in 2050 by switching to a clean technology portfolio that is 55 percent solar, 35 percent wind (on- and offshore), 5 percent geothermal and 4 percent hydroelectric.

Congress twists the relevant facts on purpose

Commentary: lawmakers deliberately distorted a recent Congressional Budget Office report

By Wendell Potter, 6:00 am, February 10, 2014, Updated: 9:50 am, February 10, 2014

If you’re curious about what I used to do as a PR guy for the health insurance industry, how I often took facts and figures and twisted them to advance a specific political or financial agenda, take a look at the behavior of some members of Congress last week.

Like I used to do, they took numbers in a report from a government agency — in this case the nonpartisan Congressional Budget Office — and twisted their meaning to suggest something never intended by the report’s authors. Like I used to do, they misled the public with statistics to advance their team’s ultimate agenda, which, of course, is to win votes in November. And if getting people to vote against their own best interests means making comments that not only are dishonest but also contradict what they’ve said previously, so be it.

Usurious Returns on Phantom Money: The Credit Card Gravy Train

The credit card business is now the banking industry’s biggest cash cow, and it’s largely due to lucrative hidden fees.

by Ellen Brown
 
You pay off your credit card balance every month, thinking you are taking advantage of the “interest-free grace period” and getting free credit. You may even use your credit card when you could have used cash, just to get the free frequent flier or cash-back rewards. But those popular features are misleading. Even when the balance is paid on time every month, credit card use imposes a huge hidden cost on users—hidden because the cost is deducted from what the merchant receives, then passed on to you in the form of higher prices.

Research on urban ghettos must recognize differences among cities

Research on urban neighborhoods must take into account differences among cities and rely on some techniques that have not been used extensively by sociologists studying neighborhood effects, according to Mario Small, professor of sociology at the University of Chicago.

Small, who is also dean of UChicago's Division of the Social Sciences, studies urban neighborhoods and has studied the diversity of experiences for people living in poor neighborhoods in cities across the country.

Food Hubs: Sustainable agriculture's missing link

Nathanael Johnson

A few years ago, I bought a little share in a dairy farm so I could receive my own portion of creamy Jersey milk. Each week I’d fish a heavy Mason jar out from under a blanket of tinkling ice cubes. It was delicious, and when it went off it only got better: mixed with scalloped potatoes, salt, and onions, the fermenting milk transformed in the oven into cheesy ambrosia.

But there was a big problem with this milk: It waited for me on the other side of town. It took me a little over an hour to fetch it by car. I know because I didn’t have a car at the time, and so I’d rent a Zipcar and try to run the errand in under an hour. Then the farm started asking for members to drive out regularly to do chores. That was too much for me. I bailed out and went back to buying milk at Safeway.

Making biodiverse agriculture part of a food-secure future

Policy makers should value environmental, health benefits of small-scale local farming, researcher argues
Is biodiverse agriculture an anachronism? Or is it a vital part of a food-secure future?

Given the need to feed an estimated 2.4 billion more people by the year 2050, the drive toward large-scale, single-crop farming around the world may seem inexorable.

But there's an important downside to this trend, argues Timothy Johns, Professor of Human Nutrition at McGill University in Montreal, in a paper to be presented Saturday, Feb. 15, at the annual meeting of the American Association for the Advancement of Science in Chicago.

Brian Beutler: Right-wing nuts’ anti-gay implosion: How a new ploy can doom the party

What began as opposition to a contraception mandate, on religious grounds, is now a real can of worms. Oops!

An anti-gay bill that may become law in Kansas could test the consistency of conservatives who oppose the Affordable Care Act’s requirement that employer sponsored insurance include birth control coverage.

What does being gay have to do with birth control, other than that religious conservatives regard both as sinful forms of contraception?

I’ll get to that in a minute.

Saturday, February 15, 2014

Paul Krugman: Troubles in Turkey

"There cannot be a crisis next week. My schedule is already full." - Henry Kissinger

O.K., did we need this? Turkey? Who was paying attention to Turkey? Some people were, of course, because that was their job.

The International Monetary Fund released the results of its latest Article IV consultation - regular reports that are supposed to provide a sort of early warning system - just over a month ago. It mentioned some worries. For example, according to the I.M.F.: "The most concerning aspect is the widening short FX position of the nonfinancial corporates.