Archive for the ‘ Economy ’ Category

Walmart rattled by growing unrest ahead of Black Friday’s strike

Walmart rattled by growing unrest ahead of Black Friday’s strike.

via Walmart rattled by growing unrest ahead of Black Friday’s strike.


Free Lunch for Big Oil

Free Lunch for Big�Oil.

Dean Henderson is the author of four books: Big Oil & Their Bankers in the Persian Gulf: Four Horsemen, Eight Families & Their Global Intelligence, Narcotics & Terror Network, The Grateful Unrich: Revolution in 50 Countries, Das Kartell der Federal Reserve & Stickin’ it to the Matrix. You can subscribe free to his weekly Left Hook column @

We are not smart enough to leave things to the Market. (via Dead Wild Roses)

I haven’t read the book, but I’m sure it should be required reading.

We are not smart enough to leave things to the Market. As I am often told by my free market indoctrinated friends the market will solve societies problems, if….(insert the big whingy diatribe about government interfering here) it was just left to its own devices. A sample of the pap I usually hear, coherently summarized by Mr.Chang and his book I happen to be reading right now. “We should leave markets alone, because, essentially, market participants know what they are doing – that is, they are rat … Read More

via Dead Wild Roses


Link TV

Image via Wikipedia

I watch a lot of LinkTV, but I’ve discovered that a lot of people do not know about LinkTV. So here’s a short description of the network that I will use as a reference for people who read my posts about things I’ve learned there.

LinkTV is a non-commercial station. They get funding from donations like PBS and NPR, but without the Corporation for Public Broadcasting support. They receive money from individuals as well as grants from foundations. Here’s the statement from their funding page: Continue reading

Is healthcare a right? – Reviews, News, and How To Geeks ;ogo

Is healthcare a right? – Reviews, News, and How To Geeks. posted another provocative post this week. In summary, the post is a clip from TheConservativePost May 14, 2009 — Andrew Wilkow, sitting in for Mark Levin, presented the most consice[sic] destruction of the liberal argument that healthcare is some sort of natural right.

The replies were abundant–7 pages worth! Unfortunately, over 20 of the replies (at least 3/page) were from one person who agreed with the clip! He spent most of his time bragging about how many gov’t programs he would NOT participate in.  I almost stopped reading the comments because of him, but I slogged through it.

So many people replied that they don’t want to support the health care system through the gov’t, but several replied supporting universal health care or offered several solutions. The naysayers even stooped to railing against immigration.

The most heinous argument for not supplying universal health care is that anyone who has an emergency can receive care to keep them alive. They fail to make note of the fact, that if you later cannot pay back the providers, you have a HUGE unpaid debt that goes on your ubiquitous credit report to the detriment of your future ability to get not only credit but a job, home insurance, and probably any insurance or even a checking account.

That’s a REAL service to the country!

Here’s what I wrote immediately on listening to the clip: Continue reading

Why Americans Think (Wrongly) Immigration Hurts the Economy –

Immigration is a divisive issue for Americans. Both legal and illegal worry people when the economy turns down. Of course those who enter our country illegally are much easier to vilify. They are not really criminals–but they are not here legitimately either.

These facts make the issue one that is ripe for exploitation by people and groups who want to manipulate people.

This Newsweek article:  Why Americans Think Immigration Hurts the Economy – points out that immigration overall has a positive effect on our economy but lists several reasons why people do not see it that way.

One of the reasons is the outcry in the media about criminals entering our country illegally, poor women and children coming here to soak up all of our free services and depriving citizens of access because of it or women having babies here to make it easier for them to stay as parents of a US citizen, and not paying taxes because they aren’t earning money legally.Stop the Invasion

First off, the people who enter or stay in our country without permission are not criminals until they defy a criminal statute. And while many do break laws with fraudulent documentation, driving without a license, and failing to file income taxes they do pay taxes. They pay taxes because they work for companies who automatically take out the taxes and send them to the tax collecting agencies of the State and Federal governments. And they pay sales tax and their money goes to pay property taxes whether for their own homes or through paying rent to landlords.

Continue reading

Safety fluid was removed before oil rig exploded in Gulf |

Thom Hartmann posted information from an article in the New Orléans Times-Picayune about the Gulf Oil Well explosion.Oil Rig Explosion Fire

An employee from the oil rig that exploded in the Gulf of Mexico has reported through an attorney that the company made an error while capping an exploratory drilling hole that exacerbated the explosion. The company had ordered mud be removed before pouring the concrete caps to secure the exploratory site. The mud is usually used as a buffer to prevent explosions in just such cases.

But that’s not the highlight of the post. The company had 6 executives on the rig at the time to acknowledge the safety award the company had recently received. The speculation is that they were in a hurry to get the rig looking ship-shape for the arrival of the bigwhigs. How ironic! Get a safety award and drop safety steps to have a picture-perfect ceremony–and KABLOOEY!! it all goes up in smoke and oil. The article is online here:  Safety fluid was removed before oil rig exploded in Gulf |

Also on Thom Hartmann’s site in the Community pages:  The Reason Oil is Still Spilling.

“Oil is still spewing is because all options are based in still trying to turn that hole into a profit making well.

[No one] is considering that the Navy could bomb the hole, caving it in and closing it.”

Too bad our society often puts such value on appearances rather than safety. Maybe next time, something incomplete when the VIPs arrive will be grounds for recognition rather than dismissal because it saves lives instead of being “nice & pretty.”

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