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Showing posts from March 25, 2016

Sanders' Wall St. Speculation Tax Would Raise $300 Billion and Create Millions of Jobs

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[This is exactly why he is so strongly opposed by the mainstream media and the apparatchiks of the Democratic Party - they are the 1% - a more humane society, to them, can only be vilified as representing destructive pie-in-the-sky socialism. *RON*]
By Rose Ann DeMoroHuffington Post / AlterNet, 22 March 2016

New research findings from a team of progressive economists provides documentary evidence that the financial footing for Sen. Bernie Sanders visionary social change agenda is not only plausible, but would create far more socially productive jobs, as well as moving us down the road to the more humane society that is at the heart of the Sanders campaign.

In their push to vilify Sanders, Democratic Party acolytes from the media to academia have fallen in line attacking the economic foundations of his campaign for free public college tuition, Medicare for all, job creation through infrastructure repair, and other critical needs.

But a new report …

Canada and the Aboriginal mental health crisis

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[Suicide and self-inflicted injuries are the leading causes of death among First Nations youth and adults. The mental health of a population does not get this bad unless there is something very sick and insane about the society they are living in. *RON*]

Jillian Kestler-D'Amours, Al Jazeera, 22 Mar 2016

STORY HIGHLIGHTS
In 2006, 1,172,790 people in Canada identified as AboriginalSuicide and self-inflicted injuries are the leading cause of death for First Nations people under 44The suicide rate for First Nations males aged 15-24 is 126 per 100,000; for First Nations females aged 15-24 it is 35 per 100,000 Suicide rates for Inuit youth are among the highest in the world (Source: Centre for Suicide Prevention)

Toronto, Canada - Donnie McKay keeps his phone close.

A band councillor in Pimicikamak Cree Nation (Cross Lake) in northern Manitoba, McKay never knows when there will be a call to tell him that another person in his community of 8,000 has c…

Support for B.C. LNG industry slipping: poll

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[Only 23% public support for fracking. To mix and mangle some metaphors; having put all her political eggs into one basket, when will Clark realize she needs to stop flogging a dead horse? Answer: never, since her retirement feather bed probably depends on it. *RON*]

By Gordon Hoekstra, Vancouver Sun, 23 March 2016

Support for the B.C. Liberal government’s plan to create a liquefied natural gas (LNG) export industry has slipped since just after the 2013 election, an Insights West poll has found.

In an online survey of 802 adults conducted this month, 43 per cent of British Columbians said they supported the provincial government’s push to expand the development and export of LNG, while 41 per cent were opposed.

That’s a change from a more positive sentiment registered in an August 2013 survey, when 50 per cent supported LNG expansion and only 32 per cent were opposed.

At the same time, the new survey shows British Columbians are increasingly concern…

Fearing crash, bond fund Pimco warns off 'helicopter money'

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[A dire warning from the riotously rich banksters: Whatever you do, don't give money to the 99%; the world as 'we' know it will come crashing down! "...it could lead to hyperinflation, a debt market sell-off and even a banking crash." *RON*]


By John Geddie, Reuters, 24 March 2016

LONDON (Reuters) - One of the world's biggest bond fund managers has urged central banks not to dole out free cash to citizens saying it could lead to hyperinflation, a debt market sell-off and even a banking crash.

Such schemes, in which central banks effectively finance government budgets, have been likened to helicopter drops of money. The idea has been around for a while but has re-entered policy-speak as many central banks struggle to stoke growth and inflation via other means.

But PIMCO says its research shows that since the late 18th century there have been 56 examples of similar schemes, from France in 1795 to Zimbabwe in 2007, and all hav…

A message to the elite

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[On how the 1% risks unleashing a backlash of extremism in response to their arrogant assumption that they are all we've got and we should feel lucky to have them. *RON*]

Richard Murphy, Tax Research UK, 23 March 2016

The FT has reported that:

Donald Trump’s anti-trade stance has been blasted by a pillar of the corporate establishment in an attack reflecting growing alarm in business over the property mogul’s dominance in the Republican presidential race.

Jim McNerney, a former top executive at Boeing, 3M and General Electric, said on Tuesday that Mr Trump’s hostility to international trade posed a serious threat to US prosperity.

In another article the FT has suggested that three commissioned surveys by economic forecasters all showed that it was likely that Brexit would impose considerable costs on the UK.

The argument is essentially the same in both cases: it is that voting for something not endorsed by the wisdom of an elite will cost a great …

Why I Bought Four Syrian Children Off a Beirut Street

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[On the lives of Syrian women and abandoned children without papers in Lebanon. *RON*]

by Franklin Lamb, Counterpunch, 15 March 2016


Beirut.

I confess to having recently purchased four children near Ramlet el Baida beach from a stressed-out Syrian woman. I am not sure if she was what she said or if she was a member of one of the human trafficking gangs that operate widely these days in Lebanon selling Syrian children or vulnerable adult women. The vendor-woman claimed to have been a neighbor of the four children in Aleppo and that they lost their parents in the war. They appear in the photo above, sitting on this observer’s motorbike a few days after the sale: two five year old twin girls, a boy about one year and several months, and his eight-year old bigger brother.

She and the children had ended up in Lebanon but she explained to me that she was afraid to register with the UNHCR because she is an illegal and has no ID. The woman told me that she …