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caelidh [userpic]

Mayan Calendar Comes North

October 4th, 2008 (10:47 am)
contemplative

current mood: contemplative



caelidh [userpic]

We Had Alternatives

October 3rd, 2008 (08:16 pm)
contemplative

current mood: contemplative


We Had Alternatives

by Dennis Kucinich

The following statement was presented on the floor of The House of Representatives after Congressman Kucinich voted against the Wall Street bail out plan, H.R. 1424, the Emergency Economic Stabilization Act of 2008:

The public is being led to believe that Congress has reconsidered its position because we have before us a better bill than we had a few days ago. It is the same bill plus hundreds of new pages for hundreds of millions of tax breaks. What does this have to do with the troubles of Wall Street?

Driven by fear we are moving quickly to pass a bill, which may produce a temporary uptick for the market, but nothing for millions of homeowners whose misfortunes are at the center of our economic woes. People do not have money to pay their mortgages. After this passes, they will still not have money to pay their mortgages. People will still lose their homes while Wall Street is bailed out.

The central flaw of this bill is that there are NO stronger protections for homeowners and NO changes in the language to ensure that the secretary has the authority to compel mortgage servicers to modify the terms of mortgages. And there are NO stronger regulatory changes to fix the circumstances that allowed this to happen.

We should have created a mechanism for our government to take a controlling interest in mortgage-backed securities and use our power to work out a new deal for the homeowners. We could have done this. We should have done this. But we didn't.

Now millions of Americans will face the threat of foreclosure without any help. And the numbers will soon rise for a number of reasons. Not only because of the Alt-A, jumbo mortgages which will soon be reset at higher interest rates, but because the London Interbank Offered Rate (LIBOR) is pushing up rates on adjustable mortgages and more than half of the US adjustable mortgage rates are tied to LIBOR. Homeowner defaults will grow in significant numbers. Let's see if Congress will be as quick to help homeowners on Main Street as they were to help speculators on Wall Street.

Now the government will have to borrow $700 billion from banks, with interest, to give banks a $700 billion bailout, and in return the taxpayers get $700 billion in toxic debt. The Senate "improved" the bailout by giving tax breaks to people in foreclosure. People in foreclosure need help paying their mortgage, they do not seek tax breaks.

Across our Nation, foreclosures continue to devastate our communities, people are losing their jobs, and the prices of necessities are skyrocketing. This legislation, just like the one we defeated last week, will do nothing to solve the problems plaguing American families or help them to get out from underneath the oppressive debt they have been forced to take on.

Unfortunately, there has been no discussion of the underlying debt-based economy and the role of our monetary system in facilitating the redistribution of wealth upwards.

It is not as though we had no choice but to pass the bill before us. We could have done this differently. We could have demanded language in the legislation that would have empowered the Treasury to compel mortgage servicers to rework the terms of mortgage loans so homeowners could avoid foreclosure. We could have put regulatory structures in place to protect investors. We could have stopped the speculators.

This bill represents an utter failure of the Democratic process. It represents the triumph of special interest over the triumph of the public interest. It represents the inability of government to defend the public interest in the face of great pressure from financial interests. We could have recognized the power of government to prime the pump of the economy to get money flowing through out society by creating jobs, health care, and major investments in green energy. What a lost opportunity! What a moment of transition away from democracy and towards domination of America by global economic interests.

MORE
http://www.commondreams.org/view/2008/10/03-11

 

caelidh [userpic]

Holy Crap.....!!!... this is near where my mum lives!!!

October 3rd, 2008 (03:58 pm)
shocked

current mood: shocked

Punctured Boone Co. Oil Pipeline Forces Some From Homes

Thousands Of Barrels Of Crude Oil Spew 30 Feet Into Air

 

POSTED: 9:46 am EDT October 3, 2008

BURLINGTON, Ky. -- A ruptured oil pipeline spewed oil 30 feet in the air Friday morning in Boone County and forced the evacuation of more than 50 nearby homes.

 

Authorities said a contractor for Sanitation District No. 1 breached an underground crude oil pipeline just after 8:30 a.m. that runs through the area of Camp Ernst and Pleasant Valley roads.

 

About 6,100 barrels, or 256,000 gallons, of crude oil spilled from the Mid Valley Pipeline, which runs from Sugar Land, Texas, to Michigan.

http://www.wlwt.com/health/17615275/detail.html?rss=cin&psp=news

caelidh [userpic]

The MYTH of "Clean Coal" and Nuclear....

October 3rd, 2008 (09:44 am)
aggravated

current mood: aggravated

These two (along with drilling ) energy sources have been in the media alot lately.. PLEASE DO NOT BE FOOLED


The reason we get this right now is because folks are scared.  They havent' thought through the process and logic of what these energy sources entail.  These industries have a lot of money and power to push THEIR advertising of their energy into the forefront.  DON"T BE FOOLED.


“Clean coal” is an attempt by the coal industry to try and make itself relevant in the age of renewables.

What is (so-called) “clean coal”?

Coal is a highly polluting energy source. It emits much more carbon per unit of energy than oil, and natural gas. CO2 represents the major portion of greenhouse gases. It is, therefore, one of the leading contributors to climate change. From mine to sky, from extraction to combustion -- coal pollutes every step of the way. The huge environmental and social costs associated with coal usage make it an expensive option for developing countries. From acid drainage from coal mines, polluting rivers and streams, to the release of mercury and other toxins when it is burned, as well as climate-destroying gases and fine particulates that wreak havoc on human health, COAL is unquestionably, a DIRTY BUSINESS.

It is a major contributor to climate change – the biggest environmental threat we face. It is the most carbon-intensive fossil fuel, emitting 29% more than oil, 80% more carbon dioxide (the main driver of climate change) per unit of energy than gas.

Mercury is a particular problem. According to the United Nations Environment Programme (UNEP), mercury and its compounds are highly toxic and pose a ‘global environmental threat to humans and wildlife.’ Coal-fired power and heat production are the largest single source of atmospheric mercury emissions. There are no commercially available technologies to prevent mercury emissions from coal-fired power plants.

Clean coal” is the industry’s attempt to “clean up” its dirty image – the industry’s greenwash buzzword. It is not a new type of coal.

MORE:
http://www.greenpeace.org/seasia/en/campaigns/climate-change/climate-impacts/coal/the-clean-coal-myth
 


NUCLEAR



 How It Doesn’t Work – Risks and Dangers of Nuclear Energy
  • Proliferation Risks
    • Plutonium is a man-made waste product of nuclear fission, which can be used either for fuel in nuclear power plants or for bombs.
    • In the year 2000, an estimated 310 tons (620,000 pounds) of civilian, weapons-usable plutonium had been produced.
    • Less than 8 kilograms (about 18 pounds) of plutonium is enough for one Nagasaki-type bomb. Thus, in the year 2000 alone, enough plutonium was created to make more than 34,000 nuclear weapons.
    • The technology for producing nuclear energy that is shared among nations, particularly the process that turns raw uranium into lowly-enriched uranium, can also be used to produce highly-enriched, weapons-grade uranium.
    • The International Atomic Energy Agency (IAEA) is responsible for monitoring the world’s nuclear facilities and for preventing weapons proliferation, but their safeguards have serious shortcomings. Though the IAEA is promoting additional safeguards agreements to increase the effectiveness of their inspections, the agency acknowledges that, due to measurement uncertainties, it cannot detect all possible diversions of nuclear material. (Nuclear Control Institute)
       
  • Risk of Accident
    • On April 26, 1986 the No. 4 reactor at the Chernobyl power plant (in the former U.S.S.R., present-day Ukraine) exploded, causing the worst nuclear accident ever.
      • 30 people were killed instantly, including 28 from radiation exposure, and a further 209 on site were treated for acute radiation poisoning.
      • The World Health Organization found that the fallout from the explosion was incredibly far-reaching. For a time, radiation levels in Scotland, over 1400 miles (about 2300 km) away, were 10,000 times the norm.
      • Thousands of cancer deaths were a direct result of the accident.
      • The accident cost the former Soviet Union more than three times the economical benefits accrued from the operation of every other Soviet nuclear power plant operated between 1954 and 1990.
    • In March of 1979 equipment failures and human error contributed to an accident at the Three Mile Island nuclear reactor at Harrisburg, Pennsylvania, the worst such accident in U.S. history. Consequences of the incident include radiation contamination of surrounding areas, increased cases of thyroid cancer, and plant mutations.
    • According to the US House of Representatives, Subcommittee on Oversight & Investigations, "Calculation of Reactor Accident Consequences (CRAC2) for US Nuclear Power Plants” (1982, 1997), an accident at a US nuclear power plant could kill more people than were killed by the atomic bomb dropped on Nagasaki.
       
  • Environmental Degradation
    • All the steps in the complex process of creating nuclear energy entail environmental hazards.
    • The mining of uranium, as well as its refining and enrichment, and the production of plutonium produce radioactive isotopes that contaminate the surrounding area, including the groundwater, air, land, plants, and equipment. As a result, humans and the entire ecosystem are adversely and profoundly affected.
    • Some of these radioactive isotopes are extraordinarily long-lived, remaining toxic for hundreds of thousands of years. Presently, we are only beginning to observe and experience the consequences of producing nuclear energy
       
  • Nuclear Waste
    • Nuclear waste is produced in many different ways. There are wastes produced in the reactor core, wastes created as a result of radioactive contamination, and wastes produced as a byproduct of uranium mining, refining, and enrichment. The vast majority of radiation in nuclear waste is given off from spent fuel rods.
    • A typical reactor will generate 20 to 30 tons of high-level nuclear waste annually. There is no known way to safely dispose of this waste, which remains dangerously radioactive until it naturally decays.
    • The rate of decay of a radioactive isotope is called its half-life, the time in which half the initial amount of atoms present takes to decay. The half-life of Plutonium-239, one particularly lethal component of nuclear waste, is 24,000 years.
    • The hazardous life of a radioactive element (the length of time that must elapse before the material is considered safe) is at least 10 half-lives. Therefore, Plutonium-239 will remain hazardous for at least 240,000 years.
    • There is a current proposal to dump nuclear waste at Yucca Mountain, Nevada.
      • The plan is for Yucca Mountain to hold all of the high level nuclear waste ever produced from every nuclear power plant in the US. However, that would completely fill up the site and not account for future waste.
      • Transporting the wastes by truck and rail would be extremely dangerous.
      • For a more detailed analysis of the problems of and risks incurred by the plan, see Top Ten Reasons to Oppose the DoE’s Yucca Mountain Plan
    • Repository sites in Australia, Argentina, China, southern Africa, and Russia have also been considered.
    • Though some countries reprocess nuclear waste (in essence, preparing it to send through the cycle again to create more energy), this process is banned in the U.S. due to increased proliferation risks, as the reprocessed materials can also be used for making bombs. Reprocessing is also not a solution because it just creates additional nuclear waste.
    • The best action would be to cease producing nuclear energy (and waste), to leave the existing waste where it is, and to immobilize it. There are a few different methods of waste immobilization. In the vitrification process, waste is combined with glass-forming materials and melted. Once the materials solidify, the waste is trapped inside and can't easily be released.
  • http://www.wagingpeace.org/menu/issues/nuclear-energy-&-waste/start/fact-sheet_ne&w.htm

caelidh [userpic]

CORPORATE PATHOLOGY

October 2nd, 2008 (10:07 am)
aggravated

current mood: aggravated

Please see ENRON THE SMARTEST GUYS IN THE ROOM!

This is ESSENTIAL viewing to understand the underlying pathology of human groups and greed.  Group think, irresponsible behaviors..

I am getting REALLY sick and tired of hearing about "Personal Responsibility" .. Sure.. yes it is a good thing if everyone would be PERSONALLY RESPONSIBLE and ENLIGHTENED about their own actions.. Great.. good.. let's continue to move in that direction. HOWEVER.  Please do NOT flippantly blame the average consumer and say only THEY were irresponsible.  Yes.. The average consumer probably IS STUPID.  But why are they stupid???

Who ENCOURAGES that stupidity?

We have a culture that promotes a way of life that has been ultimately UNREALISTIC.  We live with MYTHS about Capitalism and pull yourself up by your bootstraps and YOU CAN HAVE IT ALL.  Those messages are relentlessly pounded into our head.

We did used to have more Ironically "conservative" values of frugalness, fiscal responsibility.. but if you look at our Capitalistic market place.. those values don't really jibe.  Here's why.  capitalism requires a level of RISK.  It also requires folks to BUY into things. Or PURCHASE things.  If folks were frugal.. and saved... and never spent beyond what they earned.. we probably would NOT have had the HUGE BOOMS and then consequently busts. that we constantly see in our markets.  When you start seeing fabulously wealthy people.. who buy gold this and gold that.. and Hummers and jets and so on.. and that level of frenzied behavior.. when you have Credit cards and advertising urging folks to BUY BUY BUY BUY.. .. put off paying for it later.. Who is honestly to blame?  Don't JUST BLAME THE CONSUMER!!!!!!!..

It is the entire SYSTEM that is pathologically messed up!!!.. We need to TRANSFORM our entire economic system.

The point is.. is that you can say.. "I don't want socialism"..  well.. do you EVEN UNDERSTAND what socialism IS??   Do you understand that the concept of INSURANCE is actually socialistic?  (Shared risk).. That we always pay with our common tax dollars common goods such as Police, fire and EMT services.? Our Roads..  socialized.  it is for the SOCIAL GOOD!.

SO.. socialism per se isn't bad.....

I would argue you can't really have a society without social services.  I mean. even if you said that every man for himself.. .. well who is going to physically remove that man's dead body from the street so you don't have to look at it?

I know this seems utterly simplistic.. but I don't think everyone is on the same page with our economic crisis.

We have to ZOOM OUT and look at the larger behavior and the values that we share or don't share and FIX THEM. 

Advertising is apparently necessary to encourage folks to buy goods and services.  Credit cards were created to extend credit to IMPROVE the profits of companies so folks would be encouraged to BUY MORE goods and services.. All this was dependent upon our economy continuing to be healthy and grow. 

However some said folks should not spend beyond their means.  Ok.. then quit advertising that they should.   Quit sending out those messages and then scold them when they do what you want them to do.. BUY.. SPEND...

It made a lot of people money .. and so they were silent.  But now folks are losing money and they are quick to blame the common man... well everyone is complicit.  But it is our entire SOCIETY and OUR PATHOLOGICAL leaders that encourage pathological behavior.

This entire thing will be a HUGE learning experience for everyone... the Global world.....  Perhaps this is just ONE PART Of the lessons we must learn as humanity and surviving on this planet in a responsible way.. how we interpret ABUNDANCE and care for our fellow humans so no one starves.. no one suffers... and no one kills for what they don’t' have.... big goal there... I know.. I honestly don’t' think we can do it.. We are going to suffer HARD... this is a HUGE Karmic lesson and if we tune this out.. I honestly believe this is our last chance.. The Universe is definitely putting some learning lessons in front of us.. How we choose to respond is up to us... Continue the dysfunctional patterns and behaviors.. or EVOLVE!?????

 

caelidh [userpic]

REMEMBER THE SHOCK DOCTRINE

October 2nd, 2008 (09:58 am)
aggravated

current mood: aggravated


The Shock Doctrine: The Rise of Disaster Capitalism

 

In THE SHOCK DOCTRINE, Naomi Klein explodes the myth that the global free market triumphed democratically. Exposing the thinking, the money trail and the puppet strings behind the world-changing crises and wars of the last four decades, The Shock Doctrine is the gripping story of how America’s “free market” policies have come to dominate the world-- through the exploitation of disaster-shocked people and countries.

At the most chaotic juncture in Iraq’s civil war, a new law is unveiled that would allow Shell and BP to claim the country’s vast oil reserves…. Immediately following September 11, the Bush Administration quietly out-sources the running of the “War on Terror” to Halliburton and Blackwater…. After a tsunami wipes out the coasts of Southeast Asia, the pristine beaches are auctioned off to tourist resorts.... New Orleans’s residents, scattered from Hurricane Katrina, discover that their public housing, hospitals and schools will never be reopened…. These events are examples of “the shock doctrine”: using the public’s disorientation following massive collective shocks – wars, terrorist attacks, or natural disasters -- to achieve control by imposing economic shock therapy. Sometimes, when the first two shocks don’t succeed in wiping out resistance, a third shock is employed: the electrode in the prison cell or the Taser gun on the streets.

Based on breakthrough historical research and four years of on-the-ground reporting in disaster zones, The Shock Doctrine vividly shows how disaster capitalism – the rapid-fire corporate reengineering of societies still reeling from shock – did not begin with September 11, 2001. The book traces its origins back fifty years, to the University of Chicago under Milton Friedman, which produced many of the leading neo-conservative and neo-liberal thinkers whose influence is still profound in Washington today. New, surprising connections are drawn between economic policy, “shock and awe” warfare and covert CIA-funded experiments in electroshock and sensory deprivation in the 1950s, research that helped write the torture manuals used today in Guantanamo Bay.

The Shock Doctrine follows the application of these ideas though our contemporary history, showing in riveting detail how well-known events of the recent past have been deliberate, active theatres for the shock doctrine, among them: Pinochet’s coup in Chile in 1973, the Falklands War in 1982, the Tiananmen Square Massacre in 1989, the collapse of the Soviet Union in 1991, the Asian Financial crisis in 1997 and Hurricane Mitch in 1998.



http://www.naomiklein.org/shock-doctrine
 

caelidh [userpic]

Report: Manure runs too freely at factory farms

September 24th, 2008 (12:21 pm)


WASHINGTON - Some huge livestock farms produce more raw waste than cities as large as Philadelphia or Houston. But federal regulators are failing to control pollution from the gigantic operations or assess health risks from the enormous quantities of manure they produce, according to congressional investigators.

The Government Accountability Office report on the raw waste was being released Wednesday to a House committee hearing on federal oversight of factory farms.

The conclusions fueled concerns about a proposed Environmental Protection Agency rule change that would eliminate one of the few federal oversight mechanisms over air and water pollution from big farms.

The rule would eliminate a requirement that farms report to federal, state and local officials when air emissions of hazardous substances like ammonia and hydrogen sulfide exceed certain levels.

EPA proposed the rule change in December, contending the requirement created an unnecessary burden for farms and that the emission release reports usually weren't needed or acted upon.

"It is unclear to us" how EPA reached that determination, GAO said, noting that a national association representing emergency responders has said in comments to EPA that the reports are needed.

MORE

http://www.msnbc.msn.com/id/26858881/

caelidh [userpic]

Now Is the Time to Resist Wall Street's Shock Doctrine PASS IT ON

September 23rd, 2008 (07:10 pm)
angry

current mood: angry


Now Is the Time to Resist Wall Street's Shock Doctrine

by Naomi Klein

I wrote The Shock Doctrine in the hopes that it would make us all better prepared for the next big shock. Well, that shock has certainly arrived, along with gloves-off attempts to use it to push through radical pro-corporate policies (which of course will further enrich the very players who created the market crisis in the first place...).

The best summary of how the right plans to use the economic crisis to push through their policy wish list comes from Former Republican House Speaker Newt Gingrich. On Sunday, Gingrich laid out 18 policy prescriptions for Congress to take in order to "return to a Reagan-Thatcher policy of economic growth through fundamental reforms." In the midst of this economic crisis, he is actually demanding the repeal of the Sarbanes-Oxley Act, which would lead to further deregulation of the financial industry. Gingrich is also calling for reforming the education system to allow "competition" (a.k.a. vouchers), strengthening border enforcement, cutting corporate taxes and his signature move: allowing offshore drilling.

It would be a grave mistake to underestimate the right's ability to use this crisis -- created by deregulation and privatization -- to demand more of the same. Don't forget that Newt Gingrich's 527 organization, American Solutions for Winning the Future, is still riding the wave of success from its offshore drilling campaign, "Drill Here, Drill Now!" Just four months ago, offshore drilling was not even on the political radar and now the U.S. House of Representatives has passed supportive legislation. Gingrich is holding an event this Saturday, September 27 that will be broadcast on satellite television to shore up public support for these controversial policies.

What Gingrich's wish list tells us is that the dumping of private debt into the public coffers is only stage one of the current shock. The second comes when the debt crisis currently being created by this bailout becomes the excuse to privatize social security, lower corporate taxes and cut spending on the poor. A President McCain would embrace these policies willingly. A President Obama would come under huge pressure from the think tanks and the corporate media to abandon his campaign promises and embrace austerity and "free-market stimulus

MORE
http://www.commondreams.org/view/2008/09/23-1

caelidh [userpic]

Wal-Mart closes Ohio store over methane fears

September 17th, 2008 (12:52 pm)
amused

current mood: amused

Now they did this to themselves!!!!! ha ha ha!!!!

Wal-Mart closes Ohio store over methane fears

Retailer 'confident the problems can't be fixed' at building atop landfill

GARFIELD HEIGHTS, Ohio - Wal-Mart Stores Inc. has closed one of its stores in the Cleveland area built atop a landfill amid concerns about potentially explosive methane gas.

An independent contractor confirmed there is a problem with the odorless gas generated by rotting garbage, said Tara Stewart, a spokeswoman for the Bentonville, Ark.-based retailer. The closure of the store is probably permanent, she said.


http://www.msnbc.msn.com/id/26744262/

caelidh [userpic]

(a trip to the past) Bush's Next War to Liberate the American Economy

September 17th, 2008 (08:35 am)
apathetic

current mood: apathetic

Bush's Next War to Liberate the American Economy

by Don Luskin  (April 12, 2003)

Last week I sat across a table from President George W. Bush in the Roosevelt Room of the White House. He told me and a dozen fellow economists that "the American economy is a theatre in the war on terrorism." With steely conviction he told us that he intends to win the war to liberate Iraq, and he intends to win the war to liberate the American economy.

That's the key message from an hour and a half's roundtable discussion with the president and his economic team. There, interacting with a very exacting group of professionals, Bush displayed both masterful knowledge and inspiring passion about his economic program, and he revealed a deep understanding of how economic security is inexorably linked to national security.

Bush told us that he is frustrated by critics who ask, "How can we have a war and a tax cut at the same time?" The president argues that for this kind of war, we can't not have a tax cut. Yes, we must spend on war and homeland security, too. But that just means we must take steps to grow the economy so that the expense of war and security will be as tiny a fraction of the overall economy as possible. Bush's tax-cut proposals now before Congress are all about enabling exactly that.

Eliminating the double taxation of dividends and retained earnings will increase the efficiency of capital investment. The result will be higher stock prices immediately -- by at least 15% as effective after-tax yields jump, and more in the longer run as corporations reap the benefits of a lower cost of capital. But the best result will come when we harvest the fruits of more-efficient capital investment in all the years to come. The fruits include millions of new high-quality jobs and new breakthrough technologies in both the civilian and military spheres.

Nonplussed by opposition in Congress -- from those who just can't seem to see how all this will work -- Bush said, "Sometimes I think some of these guys just don't like capitalism."

http://capmag.com/article.asp?ID=2676

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