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Health Care & Environment

07.21 Greta Thunberg: ‘They see us as a threat because we’re having an impact’ [We love a sane smarty-pants! Trump, you won't understand any of this, so just go off and tweet or chant, or whatever...]

07.20 Until Emissions Drop, Nothing Has Been Accomplished: The Climate Resistance Handbook Is Here. [Trump can't be bothered as the world turns into a large cinder. His laser focus is on personal greed.]

07.20 Cargo ships are emitting boatloads of carbon, and nobody wants to take the blame [1:19 video; Governments must commission to fight deadly shipping emissions, previously omitted in climate summit agreements....]

07.20 Babies Born Near Oil and Gas Wells Are Up to 70% More Likely to Have Congenital Heart Defects, New Study Shows

07.20 Giving 'Upper Hand to Corporate Polluters,' EPA Drops Surprise Inspections

07.20 With Petition to Congress, 100,000+ People Demand Green New Deal 'That Fixes Our Food System' [Realtime proactive response to reality—now and threatening—doesn't get attention in this greed focused administration]

07.19 Trump administration won't ban pesticide tied to childhood brain damage [There is no truth to the persistent rumor that chlorpyrifos pesticide was heavily used at Trump's childhood home in Queens]

07.19 'Unprecedented' Decline of Plants and Animals as Global 'Red List' Reveals Nearly One-Third of Assessed Species Under Threat

07.17 ‘Off-the-charts’ heat to affect millions in U.S. in coming decades

07.17 Planned Parenthood president Leana Wen forced out by board [Given that states have lost abortion rights on political grounds recently, Wen's philosophical approach to protect abortion rights based on ‘health care’ was smarter – therefore it was that smarter strategy that was killed at the secret meeting.]

07.17 Billions of air pollution particles found in hearts of city dwellers

07.17 What is happening in America's Cancertown is tragic, immoral and evil [Niggardly white government policies could change to produce better students, better jobs and net revenue instead of costs. But it seems they enjoy more cruelty—like Trump.]

07.16 US aid cuts to UN agency will hurt vulnerable women and children, critics say

07.16 Trump abortion restrictions in effect for taxpayer-funded clinics

07.15 The response to DRC’s Ebola crisis isn’t working. Here’s what we need to do

07.15 Extinction Rebellion protests block traffic in five UK cities [Non-corporate human animals make their annoying bleating sounds...]

07.14 A Glacier the Size of Florida Is Becoming Unstable. It Has Dire Implications for Global Sea Levels [The willfully ignorant needn't read more, Trump]

News Media Matters

07.19 Fox News’s star names excuse the inexcusable after Trump's latest racist attack

07.18 In Sinclair's New 'Must-Run' Segment, Former Trump Adviser Tries to Defend Racist Attacks on 'the Squad'

Daily: FAIR Blog
The Daily Howler

US Politics, Policy & 'Culture'

07.21 Of course Donald Trump is a racist – and his Wall Street enablers know it

07.21 A court ruled it was legal for guards to strip search female inmates and force them to remove their tampons in front of male officers for a 'training exercise' [The frequency and degree of immorality and degradation being reported in the media is very disturbing, as if society has been reprogrammed overnight to be more like the worst behavior of Nazi Germany]

07.21 THE DEMOCRATIC PARTY IS GETTING CRUSHED IN FUNDRAISING: “THEY NEED TO GET THEIR SHIT TOGETHER” [Since so-called moderate Democrats will prostitute themselves in many conceivable ways (offering that special quid pro quo) they have effectively become competitively ANTI-PUBLIC, like Republicans. Whereas progressive Democrats must promise not to take corporate donations at all as an effective litmus-test. The DNC refuses to raise funds for moderate and progressives separately, and thus donations fall short. Which is it to be: 1) Will the DNC change? or 2) Must progressive Democrats become corporate whores too? or 3) Maybe you don't need corporate contributions at all if your policies are fantastic?]

07.21 State and Local Taxes Are Worsening Inequality

07.21 State and Local Taxes Are Worsening Inequality

07.21 We're no longer in Brave New World. We're back in 1984. [1:35 video; Our despicable President is at it again]

07.21 BALTIMORE'S FILTHIEST HOODS [7:38 video. Ask your governments, why are our cities so much worse than Europe's? Why is our healthcare worse and so much more expensive? And why are our Billionaires so much richer? Ask if those results of bad government are all related, and why? Are they all caused by a power-elite with greed-obsessed immorality?]

07.21 Nancy Pelosi's Dem Socialist Challenger Shahid Buttar: "We're Gonna Win" | Full Interview [5:43 video]

07.21 Jon Stewart goes viral excoriating Rand Paul after blocking vote [9:02 video]

07.21 Nicolle Wallace Refuses to Broadcast Trump Live [5:43 video]

07.21 Sassy Bernie Sanders Sh*ts on Jeff Bezos on His Home Turf... Numerous Times [17:22 video]

07.20 Puerto Rico: top US politicians join chorus calling for governor's resignation

07.20 Fact check: Trump says Puerto Rico got $92 billion. They've seen only a fraction [If he opens his mouth, Trump's lying.]

07.20 "Trump Says Go Home, Ilhan's Community Says Welcome Home": Rep. Omar Greeted With Cheers of Love and Support in Return to Minnesota

07.20 WATCH: Amid Extreme Anti-Refugee Push, Trump Displays Neither Interest Nor Knowledge of Asylum Seekers' Plight in Oval Office Meeting

07.20 Trump Denies Being at North Carolina Rally [Not sure if Trump supporters 'get' satire, but here goes....]

07.19 Are progressives working on a climate plan for 2021? You bet.

07.19 House Democrats demand Hope Hicks clarify testimony after Cohen document dump

07.19 The 51 most outrageous lines from Donald Trump's repugnant North Carolina rally

07.19 The Real Meaning of ‘Send Her Back!’

07.18 Alexandria Ocasio-Cortez on Breaking up Homeland Security

Justice Matters

07.19 UN urged to act over 'purge' of Turkey's lawyers by Erdogan

07.19 DOJ Releases Strong Evidence of Trump’s Campaign Finance Violations But No Explanation of No Charges [The statement]

High Crimes vs. Human Rights

07.19 Conscientious objectors of first world war – their untold tales [The record proves they were morally right by avoiding violent early deaths of their cousins and themselves]

Economics & Corrupt Capitalism

07.18 Corporate tax cuts blocked at least 15,000 affordable homes in California. Here’s how

International & Futurism

07.21 Millions face hardship as Zimbabwe comes close to ‘meltdown’

07.21 Spain set for socialist-led government after Iglesias deal [Some loaded drama going on here...]

07.20 US to deploy troops to Saudi Arabia in face of 'credible' regional threats [Working with Osama bin Laden's godfathers, Trump wants to profit like Erik Prince (for-profit education secretary Betsy DeVos' brother) of Blackwater infamy (hurriedly renamed ‘Academi’), the U.S. taxpayer to pay inflated costs while Trump siphons off long-term emolument largesse]

07.20 Iran on 'dangerous path' with seizure of Stena Impero, says UK [Which is this, a tit or a tat?]

07.20 'Dark satanic mills': Tony Abbott continues his crusade against wind turbines [Too much CO2 air pollution makes you stupid, and turns your country into an “Idiocracy” (1:36 video clip)]

07.20 Bolsonaro declares 'the Amazon is ours' and calls deforestation data 'lies' [Lazy and willfully stupid whenever it serves his purpose, just like Trump. “And the rest of you can all go to hell.” Again, just like Trump. Has your country turned into an “Idiocracy”? (1:36 video clip)]

07.19 U.N.'s Bachelet says Congresswomen opposing Trump are 'fantastic'

07.19 Iran makes 'substantial' nuclear offer in return for US lifting sanctions [Was barbaric Saudi Arabia—whose citizens were more involved in the 9-11 attacks—the wrong ally all along?]

07.19 “The Task Ahead Is Enormous, and There Is Not Much Time” [Read this and learn. Or read Donald J. Trump (@realDonaldTrump) | Twitter and/or President Trump (@POTUS) | Twitter. Are you serious? Or are you in hideously criminal denial?]

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  Gloomy Outlook from ''Business Experts''
Newspaper logo

COMMENTARY:

Gloomy Outlook from "Business Experts"

by Dave Lindorff
Friday, 6 February 2009
An economic “team of rivals” [to set best policy] is a great idea, but to get that, Obama would have to be willing to reach over to the left side of the spectrum, not just the right.
Amid the news that retail sales have fallen for the fourth straight month, that housing prices continue to slump, and that another 600,000 workers were laid off in the month of January—the largest number in one month since 1974—comes word from some experts in the business community that things are not going to be getting better soon, and that when they do, they will not get back to the way things were in 2006 or early 2007, before the recession began.

In an interview I did for the trade publication Investment Management Weekly on Thursday, Putnam Investments’ global asset allocation head Jeffrey Knight said that while the stimulus could “help to prevent a Great Depression sequel,” at the same time “Those who measure prosperity against the Faustian opulence of the last 10 years may find that stability, equilibrium and even recovery will still feel like a deep depression.”

Another fund manager, Ron D’Vari, co-founder and CEO of a new fund management firm that specializes in so-called distressed assets—the very things that have the nation’s banks reeling on the edge of failure—says the economy has fallen into “an L-shaped recession where it’s hard to say how long it will be down at the bottom.” D’Vari also told me, “We think we will have a sort of subsistence economy—not like North Africa, but it could look like just getting by for some time before you see the start of a real recovery.”

Now these guys were all talking about how things look to them assuming passage of the stimulus package. In other words, the stimulus package is not going to turn things around. In fact, D’Vari pointedly referred to the close to $1-trillion package as ‘just a pain-killer, not a final cure.”

President Obama would do well to heed these kinds of hard-nosed views. He’s not likely to be hearing them right now. To date, he has chosen for his economic team mainly retreads from the Bush and Clinton administration—people like Larry Summers and Tim Geithner who helped set the nation on its current disastrous economic course by promoting globalization and the flight of jobs overseas as well as the deregulation of Wall Street, by advocating a shift of the tax burden from the wealthy to the working classes, by urging the gutting the safety net for those who lose jobs or can’t find them, and by advocating measures to artificially pump up asset values, whether real estate or the stock market.

These are clearly not people who are going to want to call attention to the economic and social train wreck that their own policies have produced.

Nor does Obama’s latest announcement of his new Council of Economic Advisers look much better. Headed up by Paul Volcker, the Carter and Reagan choice for Federal Reserve Chairman, and a close associate of the Rockefeller family and the Chase banking empire who helped bring us the heretofore worst recession since the ‘30s during the early 1980s, that panel includes Jeffrey Imelt, chairmen of mega-defense contractor General Electric, Jim Owens, chair of Caterpillar (a firm that just sacked 20,000 employees and during it’s recent contract disputes with the UAW hired scabs and locked out employees, racking up a huge number of labor law violations), William Donaldson, President George W. Bush’s SEC chair, who had to resign that position in disgrace in 2005 after his agency missed the Enron and Worldcom meltdowns and collapses as well as some early hedge fund disasters, Martin Feldstein, the head of Ronald Reagan’s Council of Economic Advisers and an adviser to Obama’s opponent, John McCain, and Austan Goolsbee, a senior economist with the Democratic Leadership Council, a strong proponent bank deregulation and of the job-killing NAFTA and the World Trade Organization treaties. True, the panel does include some token labor representatives like former Mineworkers Union president Richard Trumpka of the AFL-CIO and Anna Burger of the SEIU, but wholly absent are more progressive economists in line with the likes of Nobel laureates Paul Krugman and Joseph Steiglitz, or former Clinton labor secretary Robert Reich, much less left-leaning economists like James Galbraith or Dean Baker.

Before Obama was inaugurated, there was much blather in the mainstream press about his selection of conservative Democrats and Republicans for his cabinet, as a strategy of having a “team of rivals.” But clearly, where economic policy is concerned, those “rivals” are pretty much all on the same side of the fence. (The same can be said, by the way, of his defense department and state department teams.)

What the country really needs at this point is straight talk and creative new ideas—not returns to policies of the ‘90s, ‘80s, ‘70s or perhaps even the ‘30s.

Obama needs to hear from experts who know that the economy of the United States is not going to rebound to anything like where it was in the last few years, and that drastic new programs and approaches are needed if the US is not to continue a slow slide into third world status. And the American public needs to hear the same honest news.

An economic “team of rivals” is a great idea, but to get that, Obama would have to be willing to reach over to the left side of the spectrum, not just the right.


Dave Lindorff in Washington

About the author: Philadelphia journalist Dave Lindorff is a 34-year veteran, an award-winning journalist, a former New York Times contributor, a graduate of the Columbia University Graduate School of Journalism, a two-time Journalism Fulbright Scholar, and the co-author, with Barbara Olshansky, of a well-regarded book on impeachment, The Case for Impeachment. His work is available at www.thiscantbehappening.net.



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This story was published on February 6, 2009.
 



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