How can we take it back?
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Jon Stewart Set To Storm Deadbeat Congress With Sick 9/11 Responders Demanding Healthcare
Full Story - http://www.occupydemocrats.com/jon-...ith-sick-911-responders-demanding-healthcare/
Full Story - http://www.occupydemocrats.com/jon-...ith-sick-911-responders-demanding-healthcare/
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Cities Could Save $17 Trillion Just By Reducing Their Greenhouse Gas Emissions
By: Katie Valentine
By: Katie Valentine
Tuesday, September 8, 2015
Making cities greener could save a lot of, well, green, according to a new report.
The report, published Tuesday by the New Climate Economy, found that if cities around the world implemented certain carbon-reducing strategies – including making buildings more efficient and investing in public transportation – they could save a combined total of $17 trillion by 2050.
The report looked at actions such as “aggressively” deploying high-efficiency lighting, “ambitiously” installing solar on buildings, increasing the fraction of methane captured from landfills, and expanding public transit.
It found that, if all of the measures were implemented, cities would reduce their combined greenhouse gas emissions by 3.7 metric gigatons of carbon dioxide equivalent by 2030.
That’s more, the report notes, than the annual emissions of India.
Nick Godfrey, head of policy and urban development at the New Climate Economy, said in a statement that the amount of money saved by cities could be even higher.
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Prison Gets Rich Locking Up Preschoolers
Corrections Corporation of America is getting rich from jailing children and pregnant women—and no one seems to care.
If you’re looking to make some money, try locking up toddlers.
One for-profit prison company has found that incarcerating infants, toddlers, children, and mothers — as long as they’re undocumented immigrants — is a great way to boost their revenue by upward of $49 million over the previous year.
Full story here: http://www.thedailybeast.com/articl...reschooler-prison.html?source=TDB&via=FB_Page
Corrections Corporation of America is getting rich from jailing children and pregnant women—and no one seems to care.
If you’re looking to make some money, try locking up toddlers.
One for-profit prison company has found that incarcerating infants, toddlers, children, and mothers — as long as they’re undocumented immigrants — is a great way to boost their revenue by upward of $49 million over the previous year.
Full story here: http://www.thedailybeast.com/articl...reschooler-prison.html?source=TDB&via=FB_Page
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Well this puts a damper on things…so much for ACTUAL science being done/reported anymore.
Sad.
Sad.
Climate change denier Rupert Murdoch just bought National Geographic,
which gives grants to scientists
The National Geographic magazine has been a nonprofit publication since inception in 1888, but that ends today.
The long-running American publication becomes very much for-profit under a $725 million dollar deal announced today with 21st Century Fox, the entertainment company controlled by the family of Rupert Murdoch.
Full Story - https://boingboing.net/2015/09/09/rupert-murdoch-just-bought-nat.html
which gives grants to scientists
The National Geographic magazine has been a nonprofit publication since inception in 1888, but that ends today.
The long-running American publication becomes very much for-profit under a $725 million dollar deal announced today with 21st Century Fox, the entertainment company controlled by the family of Rupert Murdoch.
Full Story - https://boingboing.net/2015/09/09/rupert-murdoch-just-bought-nat.html
Skarekrow
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I own no credit cards, not because I can’t get them…I just don’t believe in buying shit on credit (exception a home, maaaaybe a car).
If I don’t have the money, I don’t buy it…it’s that simple.
(Soon my student loan will be gone as well…becoming disabled and especially not being able to do the job that you went to school for is like the only way to get your student loans written off…so that’s cool as fuck)
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Prison Gets Rich Locking Up Preschoolers
Corrections Corporation of America is getting rich from jailing children and pregnant women—and no one seems to care.
If you’re looking to make some money, try locking up toddlers.
One for-profit prison company has found that incarcerating infants, toddlers, children, and mothers — as long as they’re undocumented immigrants — is a great way to boost their revenue by upward of $49 million over the previous year.
Full story here: http://www.thedailybeast.com/articl...reschooler-prison.html?source=TDB&via=FB_Page
We found out in a local community meeting yesterday that TX legislators have reversed this process to actually keep children from having to go to court due to their "truancy" from public schools. We were amazed and gladdened to see this happening. I had no idea this was even possible. Apparently if a child misses more than 5 days of school the school can fine the parents and make the child go to court to settle the issue while paying court costs and having a juvenile probation officer assigned to them.
Such draconian measures for missing a few measely days of school?
Anyway - the state has put the responsibility of finding out why the child is missing school squarely upon the school's shoulders now. And IF it still ends up going to court...the child will be appointed legal assistance, an attorney, and the school will have to pick up the tab.
Isn't this wonderful? Isn't this amazing to see??!??! happening in TX?!?!? LOL
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This is very cool to see!
If they can write off your student loan - then they can write off everyone's student loans. I vote for that next!
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I predict something along those lines taking place....I mean, even a good portion of the BB gen. Have no retirement saved.This is very cool to see!
If they can write off your student loan - then they can write off everyone's student loans. I vote for that next!
There is going to have to be some serious reform of our social programs across the board or th US is going to very quickly devolved into a third world country.
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[MENTION=2578]Kgal[/MENTION]
Let’s hope that this is a REAL thing that is about to take place!!
*fingers crossed*
We all remember the pain and anguish of 2007, when the housing market bubble burst and caused our economy to take a nose dive.
In 2008, we entered the Great Recession, leading to millions of Americans losing their jobs, life savings, houses and retirements.
It was the worst crisis we have seen since the Great Depression, almost a century before.
Americans soon learned that Wall Street executives were to blame for bringing the country to its knees and not ONE single CEO went to prison for the crimes that led to crisis; but it would appear that’s about to change.
On Thursday, the Justice Department announced that it was no longer going to allow Wall Street criminals freely sit back while enjoying their millions of dollars in bonuses, instead, they are going to start prosecuting individual executives.
Deputy Attorney General Sally Yates, was set to announce new rules for federal prosecutors on Thursday at New York University Law School. was to announce the guidelines in a speech on Thursday at the New York University Law School.
The Justice Department released excerpts from her speech, saying “crime is crime”:
To rectify their past mistakes, Yates said the Justice Department wanted to “change corporate culture to appropriately recognize the full costs of wrongdoing, rather than treating liability as a cost of doing business.”
According to the Huffington Post, Yates said companies would no longer get breaks for cooperating with law enforcement unless they stop protecting the people responsible for crimes.
In other words:
The DOJ will no longer make irresponsible deals with Wall Street corporations, like Goldman Sachs, unless they give up every single one of their criminal employees – even if that means their CEO.
Yates also said that Wall Street will no longer be allowed to throw low-level employees under the bus and pretend as if their executives had no idea what was going on.
“We’re not going to be accepting a company’s cooperation when they just offer up the vice president in charge of going to jail,” she told the Times.
It is long past time to put the monied Wall Street elite in jail for their crimes.
For far too long law enforcement agencies have allowed these people to get away with robbing America blind.
It is their fault that the world was thrown into a crisis and justice has yet to be served.
They have been allowed to go on living lives of luxury as millions of Americans struggle with poverty.
These executives profited off of our country’s destruction, they literally put us into the poor house and got away with it.
It’ll be a beautiful day when we finally see these criminals led away in cuffs and they get to experience a fraction of the loss that the rest of us have felt over the last decade.
Let’s hope that this is a REAL thing that is about to take place!!
*fingers crossed*
Justice Department:
Forget Settling, We’re Going After Criminal Wall Street Executives Now
Forget Settling, We’re Going After Criminal Wall Street Executives Now
We all remember the pain and anguish of 2007, when the housing market bubble burst and caused our economy to take a nose dive.
In 2008, we entered the Great Recession, leading to millions of Americans losing their jobs, life savings, houses and retirements.
It was the worst crisis we have seen since the Great Depression, almost a century before.
Americans soon learned that Wall Street executives were to blame for bringing the country to its knees and not ONE single CEO went to prison for the crimes that led to crisis; but it would appear that’s about to change.
On Thursday, the Justice Department announced that it was no longer going to allow Wall Street criminals freely sit back while enjoying their millions of dollars in bonuses, instead, they are going to start prosecuting individual executives.
Deputy Attorney General Sally Yates, was set to announce new rules for federal prosecutors on Thursday at New York University Law School. was to announce the guidelines in a speech on Thursday at the New York University Law School.
The Justice Department released excerpts from her speech, saying “crime is crime”:
“And it is our obligation at the Justice Department to ensure that we are holding lawbreakers accountable regardless of whether they commit their crimes on the street corner or in the board room,” she added. “In the white-collar context, that means pursuing not just corporate entities but also the individuals through which these corporations act.”
In the past, the DOJ went after companies rather than individual executives, leading to thousands of Americans rising up and demanding that they change the rules and put the CEOs responsible for the global economic collapse in jail.
To rectify their past mistakes, Yates said the Justice Department wanted to “change corporate culture to appropriately recognize the full costs of wrongdoing, rather than treating liability as a cost of doing business.”
According to the Huffington Post, Yates said companies would no longer get breaks for cooperating with law enforcement unless they stop protecting the people responsible for crimes.
In other words:
The DOJ will no longer make irresponsible deals with Wall Street corporations, like Goldman Sachs, unless they give up every single one of their criminal employees – even if that means their CEO.
Yates also said that Wall Street will no longer be allowed to throw low-level employees under the bus and pretend as if their executives had no idea what was going on.
“We’re not going to be accepting a company’s cooperation when they just offer up the vice president in charge of going to jail,” she told the Times.
For far too long law enforcement agencies have allowed these people to get away with robbing America blind.
It is their fault that the world was thrown into a crisis and justice has yet to be served.
They have been allowed to go on living lives of luxury as millions of Americans struggle with poverty.
These executives profited off of our country’s destruction, they literally put us into the poor house and got away with it.
It’ll be a beautiful day when we finally see these criminals led away in cuffs and they get to experience a fraction of the loss that the rest of us have felt over the last decade.
Skarekrow
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Disgust.
A few months ago, a hurt Ben Bernanke put on his blogger hat and set out to explain why, in his mind, the unconventional policies undertaken by the Fed in the post-crisis years have not contributed to record income inequality.
As we noted at the time, epic hilarity ensued.
Bernanke’s explanation went something like this: while QE does indeed inflate asset prices, poor people have been getting poorer for quite some time, so sure, maybe the Fed contributed a little bit, but probably not a whole lot and besides, the more Keynes the better when it comes to smoothing out the business cycle and a smooth business cycle is good for everyone.
Finally, Bernanke patiently explained that to the extent ZIRP punishes savers it’s nonsensical to mention it in any discussion about income inequality because after all, poor people don’t have savings.
That description is probably not as generous as it could be, but if you read Bernanke’s post it’s pretty close.
First of all, the whole "smoothing out of the busines cycle" bit is pure fiction.
If anything, attempts to centrally plan the economy are leading to greater and greater boom and bust cycles.
Furthermore, denying that QE has exacerbated income inequality is to assert that somehow, inflating the value of a certain set of assets doesn’t by definition widen the gap between the accumulated wealth of the people holding those assets and the people who don’t hold those assets.
The St. Louis Fed seems to understand this (incidentally, they also understand that there’s no evidence whatsoever to support the notion that QE increases “healthy” inflation and/or has a demonstrable impact on output) even if Bernanke does not.
If you needed proof of the widening gap between the rich and everyone else (and the attendant rise of class segregation) beyond that presented by the St. Louis Fed study linked above and by the anecdotal evidence that’s readily observable by looking at the prices paid this year for high-end art and mega mansions, look no further than Wall Street, where, thanks to the Fed’s generosity, Lloyd Blankfein is now a billionaire.
Speaking of Goldman Sachs and income inequality, back in April, Hank Paulson and Robert Rubin sat down with Sheryl Sandberg and Tim Geithner at an event hosted by Michael Milken (no less), to discuss a variety of topics.
Around a half hour into the discussion, Sandberg asks Paulson about income inequality.
Here’s what happens next:
Sandberg: “Yeah, so let’s follow up on a bunch of the things we were [talking about].
Let’s start with income inequality.”
Paulson: “Ok, well.. income inequality.
I think this is something we’ve all thought about.
You know I was working on that topic when I was still at Goldman Sachs..”
Rubin: “In which direction?
You were working on increasing it.”
Paulson then bursts out laughing: "Yeah! We were making it wider!"
Here’s the clip: (jump ahead to 38 mins. to see them laugh it up)
[video=youtube;XZfXqxdGOB4]https://www.youtube.com/watch?feature=player_embedded&v=XZfXqxdGOB4#t=2165[/video]
Needless to say, in the post-crisis world where the ultra rich fork over $180 million for paintings while everyday Americans struggle even to afford rent in a one-bedroom apartment, this subject is far from funny.
In fact, it’s downright depressing and we mean that in the most literal sense possible because as it turns out, a new study released on Friday by the UK’s Office of National Statistics has proven yet again (see our previous discussion on this) that money does indeed buy happiness.
From the report:
An individual’s level of personal well-being is strongly related to the level of wealth of the household in which they live.
Life satisfaction, sense of worth and happiness are higher, and anxiety less, as the level of household wealth increases.
Just remember that history is replete with examples of the types of things that can happen if and when the downtrodden masses finally become fed up with egregious and endemic inequality.
Of course it could be that Paulson is hoping his refuge at Little St. Simons Island (which he bought several years ago), will provide enough of a buffer from the angry peasantry to allow him to keep laughing...
"We Made It Wider!"
Hank Paulson Bursts Out Laughing When Asked About Wealth Inequality
Hank Paulson Bursts Out Laughing When Asked About Wealth Inequality
A few months ago, a hurt Ben Bernanke put on his blogger hat and set out to explain why, in his mind, the unconventional policies undertaken by the Fed in the post-crisis years have not contributed to record income inequality.
As we noted at the time, epic hilarity ensued.
Bernanke’s explanation went something like this: while QE does indeed inflate asset prices, poor people have been getting poorer for quite some time, so sure, maybe the Fed contributed a little bit, but probably not a whole lot and besides, the more Keynes the better when it comes to smoothing out the business cycle and a smooth business cycle is good for everyone.
Finally, Bernanke patiently explained that to the extent ZIRP punishes savers it’s nonsensical to mention it in any discussion about income inequality because after all, poor people don’t have savings.
That description is probably not as generous as it could be, but if you read Bernanke’s post it’s pretty close.
First of all, the whole "smoothing out of the busines cycle" bit is pure fiction.
If anything, attempts to centrally plan the economy are leading to greater and greater boom and bust cycles.
Furthermore, denying that QE has exacerbated income inequality is to assert that somehow, inflating the value of a certain set of assets doesn’t by definition widen the gap between the accumulated wealth of the people holding those assets and the people who don’t hold those assets.
The St. Louis Fed seems to understand this (incidentally, they also understand that there’s no evidence whatsoever to support the notion that QE increases “healthy” inflation and/or has a demonstrable impact on output) even if Bernanke does not.
If you needed proof of the widening gap between the rich and everyone else (and the attendant rise of class segregation) beyond that presented by the St. Louis Fed study linked above and by the anecdotal evidence that’s readily observable by looking at the prices paid this year for high-end art and mega mansions, look no further than Wall Street, where, thanks to the Fed’s generosity, Lloyd Blankfein is now a billionaire.
Speaking of Goldman Sachs and income inequality, back in April, Hank Paulson and Robert Rubin sat down with Sheryl Sandberg and Tim Geithner at an event hosted by Michael Milken (no less), to discuss a variety of topics.
Around a half hour into the discussion, Sandberg asks Paulson about income inequality.
Here’s what happens next:
Sandberg: “Yeah, so let’s follow up on a bunch of the things we were [talking about].
Let’s start with income inequality.”
Paulson: “Ok, well.. income inequality.
I think this is something we’ve all thought about.
You know I was working on that topic when I was still at Goldman Sachs..”
Rubin: “In which direction?
You were working on increasing it.”
Paulson then bursts out laughing: "Yeah! We were making it wider!"
Here’s the clip: (jump ahead to 38 mins. to see them laugh it up)
[video=youtube;XZfXqxdGOB4]https://www.youtube.com/watch?feature=player_embedded&v=XZfXqxdGOB4#t=2165[/video]
In fact, it’s downright depressing and we mean that in the most literal sense possible because as it turns out, a new study released on Friday by the UK’s Office of National Statistics has proven yet again (see our previous discussion on this) that money does indeed buy happiness.
From the report:
An individual’s level of personal well-being is strongly related to the level of wealth of the household in which they live.
Life satisfaction, sense of worth and happiness are higher, and anxiety less, as the level of household wealth increases.
So laugh it up Hank, Bob, and Sheryl.Just remember that history is replete with examples of the types of things that can happen if and when the downtrodden masses finally become fed up with egregious and endemic inequality.
Of course it could be that Paulson is hoping his refuge at Little St. Simons Island (which he bought several years ago), will provide enough of a buffer from the angry peasantry to allow him to keep laughing...
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@Kgal
Let’s hope that this is a REAL thing that is about to take place!!
*fingers crossed*
Justice Department:
Forget Settling, We’re Going After Criminal Wall Street Executives Now
We all remember the pain and anguish of 2007, when the housing market bubble burst and caused our economy to take a nose dive.
In 2008, we entered the Great Recession, leading to millions of Americans losing their jobs, life savings, houses and retirements.
It was the worst crisis we have seen since the Great Depression, almost a century before.
Americans soon learned that Wall Street executives were to blame for bringing the country to its knees and not ONE single CEO went to prison for the crimes that led to crisis; but it would appear that’s about to change.
On Thursday, the Justice Department announced that it was no longer going to allow Wall Street criminals freely sit back while enjoying their millions of dollars in bonuses, instead, they are going to start prosecuting individual executives.
Deputy Attorney General Sally Yates, was set to announce new rules for federal prosecutors on Thursday at New York University Law School. was to announce the guidelines in a speech on Thursday at the New York University Law School.
The Justice Department released excerpts from her speech, saying “crime is crime”:
“And it is our obligation at the Justice Department to ensure that we are holding lawbreakers accountable regardless of whether they commit their crimes on the street corner or in the board room,” she added. “In the white-collar context, that means pursuing not just corporate entities but also the individuals through which these corporations act.”In the past, the DOJ went after companies rather than individual executives, leading to thousands of Americans rising up and demanding that they change the rules and put the CEOs responsible for the global economic collapse in jail.
To rectify their past mistakes, Yates said the Justice Department wanted to “change corporate culture to appropriately recognize the full costs of wrongdoing, rather than treating liability as a cost of doing business.”
According to the Huffington Post, Yates said companies would no longer get breaks for cooperating with law enforcement unless they stop protecting the people responsible for crimes.
In other words:
The DOJ will no longer make irresponsible deals with Wall Street corporations, like Goldman Sachs, unless they give up every single one of their criminal employees — even if that means their CEO.
Yates also said that Wall Street will no longer be allowed to throw low-level employees under the bus and pretend as if their executives had no idea what was going on.
It is long past time to put the monied Wall Street elite in jail for their crimes.
“We’re not going to be accepting a company’s cooperation when they just offer up the vice president in charge of going to jail,” she told the Times.
For far too long law enforcement agencies have allowed these people to get away with robbing America blind.
It is their fault that the world was thrown into a crisis and justice has yet to be served.
They have been allowed to go on living lives of luxury as millions of Americans struggle with poverty.
These executives profited off of our country’s destruction, they literally put us into the poor house and got away with it.
It’ll be a beautiful day when we finally see these criminals led away in cuffs and they get to experience a fraction of the loss that the rest of us have felt over the last decade.
Thanks for posting this. It's things like this action going on quietly behind the scenes that will come together when the timing is right.