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Friday 16 December 2011
The Champions of the Ninety-Nine Percent
"I've always believed lasting progressive transformation will come from people's movements, the kind now taking root in towns and cities across the nation. But it will also require people on the inside who share those principles and are fully dedicated to fighting for them. In 2012, we have the opportunity to elect those champions."
Read the Article
Secret Accounts of Iraq Massacre Found in Junk Yard
Michael S. Schmidt, The New York Times News Service: "The Marines sat down, swore to tell the truth and gave secret interviews discussing one of the most horrific episodes of America's time in Iraq: the 2005 massacre by Marines of Iraqi civilians in the town of Haditha ... Four-hundred pages of interrogations, once guarded as secrets of war, were supposed to have been destroyed as the last American troops prepare to leave Iraq. Instead, they were discovered ... at a junkyard outside Baghdad."
Read the Article
Whistleblowers: Software Monitoring Keystone XL Pipeline's Safety Contains Deliberate Errors
Greg Palast, Truthout: "Why is Big Oil happy with what they call a 'smart PIG' that's often real stupid? Is it because the dumber the PIG, the less sensitive the software, the more they save? Sometimes, the industry quietly skips the 'pigging' altogether. After all, a few million in fines and payments to bereaved families adds up to a cheap license to pollute."
Read the Article
Activists Silenced by Animal Enterprise Terrorism Act File Lawsuit
Mike Ludwig, Truthout: "Critics claim AETA has implications for dissenters beyond the animal rights movement. Attorneys with the Center for Constitutional Rights (CCR), who are representing the plaintiffs, told reporters that the Bush-era law is too broad and could be interpreted as designating certain acts of civil disobedience as terrorist activity."
Read the Article
JPMorgan Chase Greedwashes Reputation With "American Giving Awards"
Anne Landman, PR Watch: "As PRWatch's Graves noted, the $2 million in Chase donations featured on the NBC show 'are a drop in the bucket compared to its ultra-lush benefits for bankers who profited richly from the swaps that undermined our nation's financial security.'"
Read the Article
Robert Reich | An Offer to the President
Robert Reich, Robert Reich's Blog: "Mr. President, we know nothing good happens in Washington unless good people outside Washington are organized and mobilized to make it happen. So here's the deal: We'll reelect you. We'll stand behind you. We'll give you a mandate to do all this - and more - in your second term. As long as you stand behind us. Deal?"
Read the Article
Bradley Manning's Pre-Trial Hearing Begins Today
Yana Kunichoff, Truthout: "The Army has come under fire for keeping Manning under detention for 18 months without trial, as well as the conditions of his detention. Supporters of Manning are in the courtroom and are also holding vigil outside the gates of Fort Meade. Protesters will include Daniel Ellsberg, who leaked the Pentagon Papers, and protesters from Occupy Wall Street. A rally will also be held Saturday, on Manning's 24th birthday."
Read the Article
Media Justice and the 99 Percent Movement
Betty Yu, Fairness and Accuracy in Reporting: "The democratization of media-making tools, particularly an open and unfettered Internet, has made all this possible. Right now, though, this open access is under threat. Network neutrality is the principle that requires Internet service providers to treat all content equally, guaranteeing a level playing field for all websites and Internet technologies."
Read the Article
Protest Heightens Against Military Base at South Korea's Island of World Peace
Matthew Hoey, Truthout: "For international peace activists, the Save Jeju Island campaign is what many have been waiting for: An entirely winnable cause for peace with significant international implications. The Jeju Island naval base project is not only highly symbolic, but also quite dire in its potential impact on global security."
Read the Article and See Photo Essay
The Return of Debtor's Prisons: Thousands of Americans Jailed for Not Paying Their Bills
Marie Diamond, ThinkProgress: "More than a third of all states now allow borrowers who don't pay their bills to be jailed, even when debtor's prisons have been explicitly banned by state constitutions. A report by the American Civil Liberties Union found that people were imprisoned even when the cost of doing so exceeded the amount of debt they owed."
Read the Article
Unemployment Slamming Public Employees"
Dick Meister, Dick Meister's Blog: "The layoffs mean 'a lower quality of life ... fewer teachers, pothole repair crews and nurses.' It's been happening all over the country, of course. As elsewhere, the layoffs of course reduce vital public services, but it's important to note that they also of course have a serious impact on those who lose their jobs. The impact has been especially harsh on African-American workers."
Read the Article
Why Does the Dallas Fed President Want to Destroy West Coast Port Unions?
Matt Stoller, New Deal 2.0: "The FOMC is far more secretive than most government agencies, and after reading the transcripts of its meetings, it's not hard to see why. It is, after all, the President of the Dallas Federal Reserve who is bragging about his region's work to undermine West Coast port worker bargaining leverage. Otherwise, his CEO friends might not be able to exploit China fast enough."
Read the Article
California Governor Calls Doubters of Climate Change "Political Lemmings"
David Siders, McClatchy Newspapers: "'Ninety seven percent of the scientists who research climate change are people who, from their own understanding of the science, are completely convinced that greenhouse gases are associated with climate change and global warming,' Brown said. 'But when you go into the political class, then it's a very different thing.'"
Read the Article
On the News With Thom Hartmann: No Government Shutdown, at Least for Now, and More
In today's On the News segment: the Republican House has worst environmental record of any Congress, the National Defense Authorization Act heads to Obama, we're all gambling on nuclear power, and more.
Read the Transcript and Watch the Video
Amy Goodman and Juan Gonzalez | Democracy Now! US Withdrawal From Iraq: "In Terms of Destroying Iraq, It's 'Mission Accomplished'"
Amy Goodman and Juan Gonzalez, Democracy Now!: "The U.S. military may be leaving Iraq, but the U.S. government is not. The U.S. embassy in Baghdad is the largest in the world, and thousands of private contractors will fill the role of the departing U.S. troops. We begin our coverage of the U.S. withdrawal with Sami Rasouli, the founder and director of the Muslim Peacemaker Teams in Iraq, who joins us from the city of Najaf."
Read the Transcript and Watch the Video
Click here for more Truthout articles
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BUZZFLASH DAILY HEADLINES
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More and more, the American economy appears to be boiling down not so much into the creative power of entrepreneurialism, but rather into who is conniving and ruthless enough to take advantage of institutionalized concentrations of wealth.
What does that mean?
It means that, perhaps, the majority of the super-rich get richer not by creating jobs or increasing the prosperity of the nation; they enhance their wealth by being the "Mack the Knives" of capitalism.
That's why it may be no surprise that CEO pay (adjusted to include other compensation) jumped 36.5 percent last year, according to a report cited in CNN:
The average pay hike (36.5%) is for the top executive at each of the Standard & Poor 500 companies, according to GMI, the research group formerly known as the Corporate Library. A broader survey of CEO pay at 3,000 companies posted an average 27% increase.
This further represents that the current crisis of capitalism is exemplified by a corporate and financial sector in the US that frequently benefits from job elimination in order to maximize shareholder profits and CEO pay.
Further proof that the top tier of the 1 percent are often there through their skills in surviving corporate infighting - not due to their acumen at growing the economy or increasing jobs - is this paragraph from a December 15 Guardian UK article:
2010 was a great year to lose your job as a CEO. Four of the 10 highest paid CEOs were retired or departing executives. Ronald Williams, former head of Aetna, a health insurer, exercised 2.4m options for a profit of $50.4m. Aetna's stock price declined by 70 percent from when Williams assumed the role of CEO in February 2006 until his retirement. At pharmacy chain CVS, Thomas Ryan made a $28m profit on his options. During Ryan's 13-year tenure as CEO, CVS Caremark's stock price decreased almost 54 percent.
While the unemployed and the working poor get Scrooge-like lectures about how adversity makes one stronger and builds a financial system that rewards those who succeed, a decaying status quo of big business economically lavishes wealth on those who drive companies into the ground.
Meanwhile, on the same day the skyrocketing CEO compensation report became public, CBS news ran an Associated Press (AP) article headlined: "Census data: Half of U.S. poor or low income."
"The reality is that prospects for the poor and the near poor are dismal," said Sheldon Danziger, a University of Michigan public policy professor specializing in poverty told the AP. "If Congress and the states make further cuts, we can expect the number of poor and low-income families to rise for the next several years."
There is a "members only" club for gluttonous wealth in America, and it has little to do with competence.
Mark Karlin
Editor, BuzzFlash at Truthout
Glenn Greenwald: Three Myths About the Detention Bill
Read the Article at Salon
Is the "Casino King" About to Donate $20 Million to Newt Gingrich's Campaign?
Read the Article at BuzzFlash
The Republican Closet That Won't Stay Closed
Read the Article at Truthdig
American Public to Congress: Get Out. All of You
Read the Article at The Washington Post
Romney Tried to Levy a "User Fee" on Being Blind When Governor of Massachusetts
Read the Article at BuzzFlash
Honest Work for Honest Pay? Not in America, Not Anymore
Read the Article at The Baltimore Sun
Victoria's Secret Revealed: Child Labor Picking Its Cotton
Read the Article at Bloomberg News
Click here for more BuzzFlash headlines
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