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Health Care & Environment

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 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]

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]

07.11 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?]

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

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'

07.20 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

07.18 Deadly Delays in Jail Construction Cost Lives and Dollars Across California

07.18 Inside Trump's DC hotel, where allies and lobbyists flock to peddle their interests [Also, too much ignored by media, the $millions "donated" corrupting moderate Democrats and Republicans every election cycle must stop]

07.18 This Republican's Case for Medicare for All [A well-informed Republican is rare, so let's hold him in the light so others may learn]

07.18 Trump rally crowd chants 'send her back' after president attacks Ilhan Omar [1:03 video shows Trump pandering to his ignorant idolaters, and together they're making America a greater shit-hole country]

07.18 "Can't Change a Corrupt System by Taking Its Money": Sanders Urges All 2020 Democrats to Reject Insurance, Big Pharma Cash [49:02 video w/ lousy sound]

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

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

International & Futurism

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?]

07.18 Foreign purchases of American homes plunge 36% as Chinese buyers flee the market

07.18 There are 16 million slaves around the world making our stuff

07.18 ‘No rioters, only a tyrannical regime’: Thousands of Hong Kong seniors march in support of young extradition law protesters [Most people around the world have more in common with these Hong Kong Chinese protestors than with the ignorant people at Trump rallies]

07.18 Dozens Arrested as Over 1,000 Jewish Activists and Allies Shut Down Entrances to ICE Headquarters Demanding Closure of Trump Detention Camps [Obviously these are not the immoral and less educated right-wing jews who support Netanyahu, Trump and ICE, and who slowly exterminate Palestinians when no one is looking]

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  Print view: Thinking About Lame Ducks
ECONOMIC COMMENTARY:

Thinking About Lame Ducks

by Fred Cederholm
The posturing for the incoming Congress has already begun. Those all-importance committee chairmanships in the House of Representative will revert back to the GOP come January. Will we then see NEEDED change? I hope so, but I am NOT holding my breath.

I’ve been thinking about “lame ducks.” Actually I’ve been thinking about our current situation(s), changes, QE-2, the old Congress, the new Congress, the wounded Obama, Seoul, and the G-20. We haven’t seen this many potentials for blow ups in my lifetime. Sure, we have faced crises both nationally and globally in the past sixty years. I have observed them, I have studied them, I have helped in the resolution of a few of them (corporate restructurings, banks that failed, and the S & L crisis), and I have chronicled them in my TH*NK*NG columns. Right now we have more ticking fuses than I can remember. We just went thru an exceptional election. Ok, the election was pretty normal in the scheme of elections, but the implications, results, and outcomes are potentially staggering.

You see every two years there are some newbie’s going to Washington, and there are oldies sent packing. What is different about 2010 is the extent of the changes in the bodies coming and going. We have just witnessed the greatest changeover of elected officials in roughly seventy years. True, some of the old farts have been there since the 1960s, but we also saw a significant number of those who only just came to town in 2008 sent home. In DC time, that is hardly long enough to learn where the restrooms are located. (The locations of the expensive restaurants and which lobbyists you want as “friends” are covered in the freshman class orientation.)

Change was/ is clearly needed. Our economic and financial problems have NOT been fixed – much less disappeared. Obama ran on “Change you can believe in...” His coattails carried many new faces to Washington just two years ago. Despite all the hype, pie charts, speeches, and news releases; the public perception of these “changes” did not alter. Our systems/ controls are breaking down. Deficits, debt, unemployment, and “negative” growth are still growing. The public on Main Street is well aware of this. The pendulum once again swung, it is just the frequency of the swings that has accelerated.

The Republican Party gained control of the House of Representatives and did gain more seats in the US Senate. We are now facing a potential for gridlock. Gridlock is (in and of itself) not bad. No policy is preferable to bad policy! Yes, you heard me. Recently, we have seen the so-called fixes help the well-connected few and make the situation worse in the long run. THAT has to cease and desist immediately! I am guarded optimistic that we will see some progress this time ONLY because if we don’t, the newly elected will be ousted in two years (self-serving preservation is a good thing).

What a difference a year can make. Obama, the rock star, has lost his glitz and glitter. Our pointless wars are still breaking US/ us. Real unemployment at 22% is still rising. The US dollar is dying as the world’s reserve currency. Our debt/ deficits set new records by the hour. Customers for new US Treasury Securities are evaporating. Obama did NOT succeed when his own party controlled the House and the Senate at near record majorities. He may try to regroup by moving to the middle, but just who is left in the middle? The parties are polarized, our nation is polarized, and the elected victors are polarized. His philosophical underpinnings and high brow rhetoric are NOT going to cut it any more. The new Quantitative Easing 2 (monetizing the debt by printing more fiat money to pay our bills) has never worked in the history of the planet. “We” know this, as do the political, financial and economic leaders globally. Still the US Treasury and the FED proceed ahead with QE2 at full speed.

Last week Obama’s change in US status was evident at the G-20 conference in Seoul, Korea. Obama did not walk on water, he was drowning --- worse for a major political leader, he was ignored. Almost the entire planet Earth is looking down the barrel of a double barreled economic shotgun with the possible exception of China. These leaders perceive the US as the problem, not the solution. The most typical US consumer can’t come to their rescue anymore because they are un(under)employed, maxed out, and looking down the road at pending foreclosure. Obama was ignored --- he got NOTHING! He couldn’t even get a revised trade treaty with South Korea. Look at the verbal and written outcomes. The body agreed to "get the global economy back on the path of recovery.” Well, big whoopee!!! There was no plan to “get” this accomplished. All their individual (and collective) arsenals for “fixes” are empty. They did stand for a group picture of smiling faces, and Obama was still in the front row.

The President returned home this week to deal with his coming Congress and to re-strategize the remaining two years of his Presidency. The lame ducks will be in DC “quacking” for another month yet. Don’t worry about those ousted from office, their “pensions” are way more than they deserve. The posturing for the incoming Congress has already begun. Those all-importance committee chairmanships in the House of Representative will revert back to the GOP come January. Will we then see NEEDED change? I hope so, but I am NOT holding my breath for anything substantive at the onset. Quack, quack, quack...

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


Copyright 2010 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 November 15, 2010.

 

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