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07.11 7,000+ Colleges and Universities Declare Climate Emergency and Unveil Three-Point Plan to Combat It [Fox News and Betsy DeVos never talk about this stuff so it must be Bull Shit, right?]

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Ref. : Letters to the editor

Health Care & Environment

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]

07.13 'Climate Despair' Is Making People Give Up on Life [Willfully ignorant governments—having fired many of their best scientists—have made themselves too stupid to despair]

07.13 Trump administration to approve pesticide that may harm bees [The worst government money can buy!]

07.12 These solar panels don’t just generate power—they produce drinking water

07.12 David Attenborough: polluting planet may become as reviled as slavery [1:34 video]

07.10 Plastic Has A Big Carbon Footprint — But That Isn't The Whole Story [Fixing our world begins by educating your consciousness with the best truth from trustworthy news sources—so you'll then insist truly bad things will get fixed. But if instead you are educated by untrustworthy news sources—then your consciousness could be warped to where you are hating and fighting with your best friends. Clue: untrustworthy news sources never seriously report news about the world's most critical emergency—Global warming.]

07.10 Molly Scott Cato: ‘It’s the wealthy who are causing climate change’

07.09 Judge reinstates Madrid's low emissions zone [Yeh!]

07.07 How Solar Panels Work (And Why They're Taking Over the World) [Hope they leave space between panels for wild flowers to grow so birds and butterflies can flourish!]

07.05 Tree planting 'has mind-blowing potential' to tackle climate crisis

07.04 On reflection: how the 'albedo effect' is melting the Antarctic

07.04 US produces far more waste and recycles far less of it than other developed countries [As expected—and made worse by Trump—the U.S. is best at being the worst]07.03 Booming LNG industry could be as bad for climate as coal, experts warn

07.03 Deep-sea mining to turn oceans into ‘new industrial frontier’

07.03 Caravan of Americans battling diabetes heads to Canada for affordable insulin [3:36 video; Like Central Americans flee for their lives from criminal drug gangs, Americans flee for their lives for affordable pharmaceutical drugs]

07.02 American Medical Association sues North Dakota over abortion laws

07.02 'Committed' CO2 emissions jeopardize international climate goals, study finds

07.01 New Solar + Battery Price Crushes Fossil Fuels, Buries Nuclear

07.01 Freak summer hailstorm buries cars in Mexico's Guadalajara [0:50 video]

07.01 Climate Change is Devastating India With Heat Waves and Water Shortages [13:48 video]

06.30 American farmers can't afford this administration's climate apathy

06.30 The US military is a bigger polluter than more than 140 countries combined [Could a world-wide moratorium of military activity dramatically slow the climate crises?]

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US Politics, Policy & 'Culture'

07.16 Describing 'Future We Want to Live In' Scores of Groups Unveil New Blueprint for Reproductive Rights

07.16 'Do not take the bait': congresswomen denounce racist Trump attack [3:50 video]

07.16 Money Laundering Scandal Forces Puerto Rico’s Governor to Cut His Vacation Short — Just in Time for Another Scandal

07.16 Turnstile teaching [The problem is NOT the color of students skin, as our fake President reflexively thinks. The problem is the lax attitude and deficient funding by government to always do a much better job for a better future.]

07.15 Finding the Future in Radical Rural America

07.15 Sanders Accuses Biden of Parroting Pharma and Insurance Industry Script With Attacks on Medicare for All [Like Trump, Biden explains why he's unelectable every day.]

07.15 If there is an 'immigrant' who has failed to integrate in America, it's Donald Trump

07.15 Trump tells Ocasio-Cortez and other female progressives to 'go back' to 'original' countries

07.15 Trump Takes Pelosi's Side Against AOC and The Squad as Intraparty Fight Over Immigration Continues [Its about much more than immigration, its about the Corporate Dominance—by many of the same companies, even—over both major Political Parties. With too few exceptions, neither party has represented The Public since Nixon generously raised the minimum wage (Part D Medicare and ACA both became Frankenstein legislation due to excessive corporate price-fixing influence), and that has to change!]

07.14 Trump: People like Paul Ryan almost killed the Republican Party [Then it's too bad he didn't stay to finish the job!]

07.13 Trump's POS Labor Secretary, Acosta, Out. POS Number 2, Linked to Abramoff, to Fill Role [A willingness to perform criminal behavior seems the only competency required...]

Justice Matters

07.15 Australia 'deeply concerned' about China's treatment of Uighur people [What are the reasons, exactly, that justify harsh imprisonment of a million people?]

07.15 Zuma tells South Africa corruption inquiry he is victim of foreign plot [Unaccountable corrupt governments are so in fashion these days...]

07.14 Warren vows to probe U.S. crimes on immigrants if elected [Can you imagine living in a nation with a working Justice System? How far we've fallen!]

High Crimes
Economics & Corrupt Capitalism

07.15 China’s Economic Growth Hits 27-Year Low as Trade War Stings

International & Futurism

07.16 Trump’s race fantasy is clear: the US as home for whites fleeing Europe [1:09 video]

07.15 India’s Terrifying Water Crisis

07.15 Australia now has the highest minimum wage in the world [From 1960 to 2018 – the U.S. has fallen from 1st place to below the tenth place and off the chart]

07.14 Kasich: The chilling effect of British ambassador's leaked memos

07.14 'Just a matter of when': the $20bn plan to power Singapore with Australian solar

07.14 At least 24 Yellow Vests lost eyes in violent protests. Now they're more determined than ever [Protests of all kinds will continue until systemic inequality loses political dominance]

07.13 New Zealand Begins Gun Buyback Prompted by Mosque Attacks

07.13 After a Police Shooting, Ethiopian Israelis Seek a ‘Black Lives Matter’ Reckoning [Since so-called modern humans evolved there have been 10,000 generations of people. It is extremely far-fetched to think anyone is racially pure. SO ALL THIS HATE IS INCREDIBLY STUPID.]

07.13 After a Police Shooting, Ethiopian Israelis Seek a ‘Black Lives Matter’ Reckoning

07.13 Brazil’s President May Appoint Son, Friend to the Trumps, as Ambassador to U.S. [Friend of the Trumps, so we know they're all brain-dead except about near-term profits. They are clear-cutting the Amazon Rain Forest to feed-then-butcher millions of methane farting cows, over and over. Yep, that's there business plan. So therefore the rest of the world will hopefully plant billions of trees elsewhere to sequester CO2 to offset what the Bolsonaro family and investors are destroying. What's wrong with this picture?]

07.13 Trump’s Cruelty and Mexico’s Duty [Our president is immoral to his core and reacts to things like a child, not understanding that his actions are often crueler than they should be. And that cruelty will never completely be excused or forgotten—the people's hatred of Trump is growing, like the Texan's hatred when President General Santa Anna laid seige to the Alamo, which was Mexico's territory at the time...]

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  Thinking About Bigness
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ECONOMIC ANALYSIS:

Thinking About Bigness

by Fred Cederholm
Since WWII; the DC power-players-that-be have no problems upping the ante from the MILLIONS of the 50’s, 60’s, and 70’s, to the BILLIONS of the 80’s and 90’s, to the TRILLIONS of the 21st Century. They do so “not because it was hard, but because it was easy.”
I’ve been thinking about bigness. Actually I’ve been thinking about the unfolding recession/depression, the Kennedy “Moon speech,” the prior eight economic setbacks, bailouts, and coming 35% market declines. Last week’s announcements and the projected revelations for the coming week continue an American tradition of the biggest catching the headlines and the public’s attention. More (or rather most) is not a good thing when it describes losses, terminations, cutbacks, or deficits!

You see the American experience has a fixation with the superlative form. Big maybe good, bigger is better, but biggest is the best! This preoccupation with super-sized jumbo-ness has clearly brought US/us to the current catastrophic brink of monetary, financial, and economic Armageddon that is the focus and bane of our very future and existence. As we face the coming pain and sacrifices that we all must endure for MULTIPLE years, we need to reflect on how it was our past excesses which have brought us into this quagmire. We will need all the TRILLIONS and all the inspirational rhetoric/oratory that the President and the talking heads of the Obama Administration can muster.

On May 25th, 1961; President John Fitzgerald Kennedy delivered his famous “Moon Speech.” America’s ego (and pre-eminence) had been set aback in the space race. Kennedy challenged the nation and informed the world that we would send humans to the moon (and safely return) by the end of the decade “not because it was easy, but because it was hard.” We focused our dollars, our know-how, and our energy/efforts to achieving that end. We succeeded, and America’s pre-eminence was restored. Success was all the sweeter and positives were more than accentuated! If only we had followed the Kennedy “moon model” in addressing/fixing the recessions since WW II?

In dealing with each and every one of these downturns, the party-line official-policy (from both political parties, the Treasury, and the FED) was to cut interest rates, fluff the deficits/debts, and stimulate grow in consumption/spending. This promoted the debt based expansion of MORE of just about anything that would goose up the Gross Domestic Product (GDP) back into a bigger number. It was the BIGNESS that was important, NOT the present or future implications. This was the fix – “not because it was hard, but because it was easy.” It fixed nothing, just laid the foundations for the next bigger bubble. More was not better, it was just more – and it came with a higher price down the road. Subsequent GDP numbers seemed bigger, but so called “growth” came at the costs of much larger outstanding debts for our governments, our corporations, and our households to carry.

Each time there were these economic setbacks, there were entities which couldn’t continue to make the grade. Such were “brokered” into mergers with what had been surviving competitors. The forces of market competition were thus diluted/weakened for the next inevitable retrenchments. The plusses of economies of scale and the benefits of bigness were hawked as solutions - in reality they only made things worse. Such bailouts/mergers were promoted “not because they were hard, but because they were easy.” TOO BIG TO FAIL became the mantra justifying the continuation of this nearsighted fixing of the crises in the 1980s, and 1990’s. “Bigger” now became “biggest,” and when these financial (and corporate) behemoths found themselves armadillo-bottoms-up alongside-the-road, they were not only TOO BIG TO FAIL, they were TOO BIG FOR ANYBODY BESIDES UNCLE $UGAR TO BAILOUT - OR TO TAKE OVER! Was this a quirky accident - or the plan?

This puts us clearly on untested ground. Even though the old, universal, one-method-fits-all fix it cure/response has never worked long term since WWII; the DC power-players-that-be have no problems upping the ante from the MILLIONS of the 50’s, 60’s, and 70’s, to the BILLIONS of the 80’s and 90’s, to the TRILLIONS of the 21st Century. They do so “not because it was hard, but because it was easy.” Look for the equity market’s reactions to be negative: we will see the DOW > 4,500, the NASDAQ > 900, the RUSSELL 2000 > 250, and the S&P 500 > 475 in the next 12 months - down 35% more!

I’m Fred Cederholm and I’ve been thinking. You should be thinking, too.


Copyright 2008 Questions, Inc. All rights reserved. Fred Cederholm is a CPA/CFE, a forensic accountant, and writer. He is a graduate of the University of Illinois (B.A., M.A. and M.A.S.). He can be reached at asklet@rochelle.net.


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This story was published on March 2, 2009.

 

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