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Showing posts from December 4, 2016

Just 90 companies are accountable for more than 60 percent of greenhouse gases

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[Welcome to the plutocracy. "The number of companies responsible for the majority of the carbon in the atmosphere is so small that “[Y]ou could take all the decision-makers and CEOs of these companies and fit them on a couple of Greyhound buses." *RON*]

Dan Drollette Jr, The Bulletin of the Atomic Scientists, 27 October 2016

Just 90 companies are accountable for more than 60 percent of greenhouse gases
There’s a tendency to think that when it comes to climate change, we’re all equally at fault—and if everyone is to blame, then no one is to blame. But now it’s possible to identify the contributions of individual companies, thanks to the work of researchers such as Richard Heede. What he found is revealing: A handful of companies bear a lot more responsibility for climate change than others, having pumped much more carbon into the atmosphere.

This Is the End of Syria

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[The fall of Aleppo and the collapse of diplomacy point to a new and probably dark future for the country. *RON*]
By Vijay PrashadAlterNet, 30 November 2016

The Syrian Arab Army is now within sight of taking back all of Aleppo. For several years now, the eastern part of Aleppo – one of Syria’s oldest and most beautiful cities – has been in the hands of the armed opposition. The western part has been in the hands of the Syrian government. Now with the Syrian army hastily taking the Hanano as well as Jabal Badro and Baadeen districts, the corridor used by the opposition fighters to resupply them from the Syrian countryside and from across the Turkish border is now substantially closed. Apart from small pockets of hardened resistance, the bulk of Aleppo will soon be in the hands of the government.

B.C. Affordable Housing Plan Barely Passes For Band-Aid Solution

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[BC Class Wars. Christy, with a huge surplus created by cutting services, manages to scrape together $516 million for affordable housing (including paying for housing for workers in Whistler rather than insisting that they get a living wage). Meanwhile, Hydro just spent $470 million on a temporary Site C work camp for 1,600 workers. *RON*]

Dermod Travis, Huffington Post, 1 December 2016


Hate to be one of those folk that B.C. Housing Minister Rich Coleman believes has nothing better to do than get up and whine every day, but the B.C. government's affordable housing plan announced last week falls short.

Sorry, someone had to say it.

Liberals' Stimulus Spending So Small It's A Drag On Economy: BMO

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[The 'wild overspending' the Conservatives are complaining about is so small that it is growing at less than the rate of the rest of the Canadian economy, and so, is holding it back. And "The great Canadian infrastructure boom is still keeping itself well hidden." See also: Liberals' Deficit Is Tiny Compared To What Canada Used To Have. *RON*]
Daniel Tencer, Huffington Post, 1 December 2016
Canada’s economy grew at the fastest pace in more than two years in the third quarter of 2016, but Prime Minister Justin Trudeau can take very little credit for the turnaround — at least so far.

How to Pay for Universal Basic Income

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[Make polluters pay for pollution, make the extraction industry pay market rates for their privileges, and add small transaction fees on trades of stocks, bonds and derivatives. But the illustration given, of $200 per month, is ridiculously low. *RON*]

By James K. Boyce and Peter Barnes, Evonomics, 28 November 2016


Lately there’s been renewed discussion of universal income: regular cash payments to everyone, regardless of race, gender or need. Past proponents of the idea include the revolutionary Thomas Paine, civil rights leader Martin Luther King, Jr., free-market econ­omist Milton Friedman and President Richard Nixon. Today’s interest has been sparked by the income stagnation experienced by America’s middle class and working poor, and by the per­sist­ent slow growth experienced by our economy.

Today's Trumpery

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