You Won't Believe These Suez Canal Conspiracies
5 years ago
Wednesday, December 28, 2011
Granholm: Jobs must be created here, not overseas
sorry for ad
new program on current. cenk and Keith are also on current. not available on charter
birther nonsense dismissed Show Me Progress Missouri's Progressive Politics Community
Show Me Progress Missouri's Progressive Politics Community
http://www.ca9.uscourts.gov/datastore/general/2011/12/22/0956827.pdf
click link for pdf
birther nonsense dismissed. alas, many Missouri teabaggers on lawsuit.
http://www.ca9.uscourts.gov/datastore/general/2011/12/22/0956827.pdf
click link for pdf
birther nonsense dismissed. alas, many Missouri teabaggers on lawsuit.
Tuesday, December 27, 2011
Guest commentary: Jobless benefits aren't welfare
Guest commentary: Jobless benefits aren't welfare
click link for full
snip from article
Opponents of continuing the extension of unemployment insurance often make one of the following arguments: (1) the program is welfare for the undeserving; (2) it subsidizes leisure and is a major contributor to the high unemployment rate; or (3) the extension does little to create jobs. The critics have it wrong on all counts.
The mischaracterization of unemployment insurance as welfare is a fundamental misunderstanding of the program — and insurance in general. Welfare is society's means of ensuring that the poorest among us have their basic needs taken care of, regardless of prior contributions to the system. Insurance is a financial instrument where individuals pay a premium in exchange for compensation in the case of an adverse event.
For instance, people have health insurance so that if they get appendicitis, they will not have to bear the large and sudden costs of the operation and hospital stay. Unemployment insurance works the same way. Workers pay premiums in the form of a tax remitted by their employer while they are employed. If, suddenly, they lose their job through no fault of their own, they do not have to bear the full cost of the loss of their earnings.
Read more: http://www.stltoday.com/news/opinion/guest-commentary-jobless-benefits-aren-t-welfare/article_56df881b-64d7-56b4-acff-446fd1c5c2c8.html#ixzz1hkXB4hUS
click link for full
snip from article
Opponents of continuing the extension of unemployment insurance often make one of the following arguments: (1) the program is welfare for the undeserving; (2) it subsidizes leisure and is a major contributor to the high unemployment rate; or (3) the extension does little to create jobs. The critics have it wrong on all counts.
The mischaracterization of unemployment insurance as welfare is a fundamental misunderstanding of the program — and insurance in general. Welfare is society's means of ensuring that the poorest among us have their basic needs taken care of, regardless of prior contributions to the system. Insurance is a financial instrument where individuals pay a premium in exchange for compensation in the case of an adverse event.
For instance, people have health insurance so that if they get appendicitis, they will not have to bear the large and sudden costs of the operation and hospital stay. Unemployment insurance works the same way. Workers pay premiums in the form of a tax remitted by their employer while they are employed. If, suddenly, they lose their job through no fault of their own, they do not have to bear the full cost of the loss of their earnings.
Read more: http://www.stltoday.com/news/opinion/guest-commentary-jobless-benefits-aren-t-welfare/article_56df881b-64d7-56b4-acff-446fd1c5c2c8.html#ixzz1hkXB4hUS
Paul Krugman: Red danger
Paul Krugman: Red danger
click link for full article
snip from article
Consider the following picture: Recent growth has relied on a huge construction boom fueled by surging real estate prices, and exhibiting all the classic signs of a bubble. There was rapid growth in credit — with much of that growth taking place not through traditional banking but rather through unregulated 'shadow banking" neither subject to government supervision nor backed by government guarantees. Now the bubble is bursting — and there are real reasons to fear financial and economic crisis.
Am I describing Japan at the end of the 1980s? Or am I describing America in 2007? I could be. But right now I'm talking about China, which is emerging as another danger spot in a world economy that really, really doesn't need this right now.
I've been reluctant to weigh in on the Chinese situation, in part because it's so hard to know what's really happening. All economic statistics are best seen as a peculiarly boring form of science fiction, but China's numbers are more fictional than most. I'd turn to real China experts for guidance, but no two experts seem to be telling the same story.
Read more: http://www.stltoday.com/news/opinion/columns/paul-krugman/paul-krugman-red-danger/article_27713fea-c8d8-5e4d-b22d-fae9247a7897.html#ixzz1hkVAT1hG
------
I feel full impact of economic disaster is not known
click link for full article
snip from article
Consider the following picture: Recent growth has relied on a huge construction boom fueled by surging real estate prices, and exhibiting all the classic signs of a bubble. There was rapid growth in credit — with much of that growth taking place not through traditional banking but rather through unregulated 'shadow banking" neither subject to government supervision nor backed by government guarantees. Now the bubble is bursting — and there are real reasons to fear financial and economic crisis.
Am I describing Japan at the end of the 1980s? Or am I describing America in 2007? I could be. But right now I'm talking about China, which is emerging as another danger spot in a world economy that really, really doesn't need this right now.
I've been reluctant to weigh in on the Chinese situation, in part because it's so hard to know what's really happening. All economic statistics are best seen as a peculiarly boring form of science fiction, but China's numbers are more fictional than most. I'd turn to real China experts for guidance, but no two experts seem to be telling the same story.
Read more: http://www.stltoday.com/news/opinion/columns/paul-krugman/paul-krugman-red-danger/article_27713fea-c8d8-5e4d-b22d-fae9247a7897.html#ixzz1hkVAT1hG
------
I feel full impact of economic disaster is not known
Monday, December 26, 2011
OWS albany protestors abused by police pt.1
use of force against nonviolent protesters quite common and is American as apple pie
Subscribe to:
Posts (Atom)