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POPSGM Going Chinese? You think anyone would want to invest in a Shanghai Suburban or a Canton Corvette? Egg-roll Escalades anyone? =)
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POPSThe Perils of Cheap Oil CONT'D: "When economic growth resumes across the globe, demand for oil will surge once again. Only this time around, given the constraints presented by declining oil fields and the current apparent freeze in investment in new oil production capacity, the supply-demand equation will likely send oil prices shooting back up, perhaps even further than before. "Which is why now is the time, more than ever, for government leadership that promotes conservation, energy efficiency, fuel economy, and increased production of renewable energy. Waiting until the economy recovers before tackling energy would be a huge, huge mistake."
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POPSVeterans Occupy Natioanl Archives, Again Members of Veterans for Peace (VFP) chose the Archives for their nonviolent protest because it is symbolic of their military oath to "defend the Constitution of the United States against all enemies, foreign and domestic." In September they occupied the Archives for 24 hours, and plan to stay longer this time. Semper fi. Good luck to you all.
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POPSFed Covers Up Financial Crisis the current tax, spend and bailout policies. His basic message is that the U.S. is broke and that the situation will get worse under an Obama Administration because of its commitment to more federal interference and involvement in the economy. Schiff, who blows the whistle on these schemes, is not very popular in the media, which have been telling us consistently that things would get better after Wall Street was bailed out. Nevertheless, during this discussion, a week before the election, Schiff predicted an Obama victory because “nobody is going to vote for four more years of this” and voters “are going to grasp at straws and vote for anybody who promises change.” But the change is phony, he warned. Obama “will put several nails in the coffin,” he said. “We’re going to get more of the same, only worse.” Fox News Host Jaime Colby asked, “Where are the criminal prosecutions because I think their pictures should be hanging up in the post office?”
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POPSA Win For the Good Guys The SPLC was victorious in their civil trial against the IKA. Good news in light of all the negativity with the economy, racial threats after the election and the stripping of rights in California. Where there are people of conscience there is hope.
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POPSBush cheers “free enterprise” as US capitalism goes bust "Bush's message to those assembling in Washington was clear: Nothing will be accepted that interferes with the unfettered accumulation of wealth by America's financial elite and the defense of their interests, regardless the cost to the world's population."
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POPSStop Blaming Capitalism For Government Failures stagnation had Americans looking for an alternative. That’s what Reagan offered, denouncing big government and promising a new “morning in America.” Under Reagan, some taxes were reduced, inflation was subdued, a few regulations were relaxed--and the economy roared back to life. But while markets were able to function to a greater degree than in the immediate past, the regulatory and welfare state remained largely untouched, with government spending continuing to increase, as well as some taxes. Later administrations were even worse. Bush Jr., often laughably called a champion of free markets, presided over massive new governmental controls like Sarbanes-Oxley and massive new welfare programs like the prescription drug benefit. None of this is consistent with capitalism. As the economic system that fully recognizes and protects individual rights, including the right to private property, capitalism means, in Ayn Rand’s words,
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POPSWhy did the West ignore the truth about the war in Georgia?
Thank goodness, they might be thinking at the US State Department and the British Foreign Office, for the financial crisis. Were it not for the ever-blacker news about the Western world's economy, another scandal would be vying for the headlines – and one where the blame would be easier to apportion. It concerns our two countries' relations with Russia and the truth about this summer's Georgia-Russia war. Over the past couple of weeks, a spate of reports has appeared in the American and British media, questioning many assumptions about that war, chief among them that Russia was the guilty party. Journalists from the BBC, The New York Times and Canada's Embassy magazine, among others, travelled to South Ossetia, the region at the centre of the conflict, in an effort to establish the facts. Not the "facts" as told by the super-slick Georgian PR machine at the time, nor the "facts" as eventually dragged from the hyper-defensive and clod-hopping communicators of the Kremlin. But the
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POPSNo $$ for you Democrats are suggesting, however, an even more ambitious reason to nationalize. Once the government owns Detroit, it can remake it. The euphemism here is “retool” Detroit to make cars for the coming green economy. If you think we have economic troubles today, consider the effects of nationalizing an industry of this size, but now run by bureaucrats issuing production quotas to fit five-year plans to meet politically mandated fuel-efficiency standards — to lift us to the sunny uplands of the coming green utopia.
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POPSAnother $140B for the banks!!?? Our Sec. Treasury Paulson has quietly set aside a tax law affecting banks, with the estimated net of an additional $140B!! Guess who is footing the bill? We are!
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POPSObama's 'Change' and Rahm-bo: Neo-conned Again? This article, if read, will burst the bubble of belief by Obama cheerleaders. (Did Pelosi or a Dem Congress change anything either?) Roberts does not spare Obama any more than he did Bush: War policy: In “Hail to the Chief of Staff,” Alexander Cockburn describes Emanuel as “a super-Likudnik hawk,” who as chairman of the Democratic Congressional Campaign Committee in 2006 “made great efforts to knock out antiwar Democratic candidates.” The neoconservatives were and are intimately tied to the Israeli Likud Party with its militant Zionist war agenda for a "new middle east". On Economy: Obama’s advisers are drawn from the same gang of Washington thugs and Wall Street banksters as Bush’s. Consider Obama's support of Lieberman then too, who supported McCain and is another "super-Likudnik hawk" when it comes to Israel and war policy. Get the picture yet? Some very important policies (primary ones) will not "change" at a
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POPSYet More Glad Tidings From The President-Select * Provide $50 billion to Jumpstart the Economy and Prevent 1 Million Americans from Losing Their Jobs: This relief would include a $25 billion State Growth Fund to prevent state and local cuts in health, education, housing, and heating assistance or counterproductive increases in property taxes, tolls or fees. The Obama-Biden relief plan will also include $25 billion in a Jobs and Growth Fund to prevent cutbacks in road and bridge maintenance and fund school repair - all to save more than 1 million jobs in danger of being cut. Provide Middle Class Americans Tax Relief Obama and Biden will cut income taxes by $1,000 for working families to offset the payroll tax they pay. * Provide a Tax Cut for Working Families: Obama and Biden will restore fairness to the tax code and provide 150 million workers the tax relief they need. This is “spreading the wealth around” — big time.
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POPSBush presidency 'battered', 'incompetent', 'unlucky' Who are these people kidding? They are being far too kind with him. The word I would use to describe him is “criminal”. He set a precedent for spying on American citizens, lied to start a war in order to line his corporate buddies pockets with cash, stomped on the Constitution to give his office more power, run roughshod over habeas corpus, approved the use of torture, appointed incompetent cronies to leadership positions, abused executive privilege to protect criminal activities, is responsible for creating more terrorist than al Qaeda, smothered Americans with a security bureaucracy that has only fostered fear and anger, and run our economy into the ground. The word “Incompetent” doesn’t begin to cover what this administration will be known for.
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POPSEnduring Progressive Majority Appears Pretty Slim WASHINGTON (CNN) – A new report from American University’s Center for the Study of the American Electorate concludes that voter turnout in Tuesday’s election was the same in percentage terms as it was four years ago — or at most has risen by less than 1 percent. The report released Thursday estimates that between 126.5 and 128.5 million Americans cast ballots in the presidential election earlier this week. Those figures represent 60.7 percent or, at most, 61.7 percent of those eligible to vote in the country. “A downturn in the number and percentage of Republican voters going to the polls seemed to be the primary explanation for the lower than predicted turnout,” the report said. Compared to 2004, Republican turnout declined by 1.3 percentage points to 28.7 percent, while Democratic turnout increased by 2.6 points from 28.7 percent in 2004 to 31.3 percent in 2008.
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POPSUS Unemployment Rate Reached 14-Year High It's hard to imagine how the budget deficit, much less the national debt, can get paid down as long as more and more tax-payers lose their jobs. Not only does the the US lose their revenue, but it also losses the revenue generated by their economic activity. The USA needs another WPA program to put people back to work and also to improve the nation's infrastructure, which itself would generate economic activity.
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POPSThe Test The next Presidency has within its reach at least two generation-spanning causes: the need to jump-start a new energy economy, and, in so doing, help to contain climate change; and the need to enact a plan to provide quality health care to all Americans, and, in so doing, complete the project of social insurance that Roosevelt described in 1935. Each of these projects is urgent, but it is health-care reform that speaks more directly to the economic and human dimensions of the present downturn. The accumulating failures in the country’s health-care system are a cause of profound weakness in the American economy ; unaddressed, this weakness will exacerbate the coming recession and crimp its aftermath. Add to this the system’s moral failings: about twenty-two thousand people die in this country annually because they lack health insurance.
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POPS"Nation Finally Awful Enough to Make Social Progress" ""Today Americans have grudgingly taken a giant leap forward," Williams continued. "And all it took was severe economic downturn, a bloody and unjust war, terrorist attacks on lower Manhattan, nearly 2,000 deaths in New Orleans, and more than three centuries of frequently violent racial turmoil." Said Williams, "The American people should be commended for their long-overdue courage."
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POPSNation Finally Shitty Enough To Make Social Progress I know the Onion is satire but this strikes much too close to home to be labeled mere satire. As we enter a new era of equality for all people, the election of Barack Obama will decidedly be a milestone in U.S. history, undeniable proof that Americans, when pushed to the very brink, are willing to look past outward appearances and judge a person by the quality of his character and strength of his record. So as long as that person is not a woman.
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POPSA 2008 post-election promise More: No presidential candidate in my lifetime has inspired me as much as has our new President-Elect, Barack Obama. On election night, in the spirit of unity and conciliation, he asked us to “resist the temptation to fall back on the same partisanship and pettiness and immaturity that has poisoned our politics”. He asked us to remember the values we all share, and he promised that he would be the leader of all Americans, not just the ones whose support he already has. In this same spirit, I wish to refrain, at this historical moment, from pointing out that your first major prediction for the post-Obama world — that angry coloreds would riot in the streets — has utterly failed to come true. Now is not the time for blame. Now is the time to put one another at ease, not to put one another on edge.
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