World-News: USA

USA

Los Angeles spent $70 million in stimulus funds to create 8 jobs

By John Cook

A new piece of evidence has emerged in the debate over the effectiveness of President Obama's 2009 stimulus package, and it's not good for Democrats.

http://www.informationclearinghouse.info/article26393.htm

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Old theory of Keynesian stimulus comes up against hard new facts

Cato Institute
by Alan Reynolds

09/15/10

The Republican alternative to more fiscal stimulus says [Dana] Milbank, is for government to ‘do nothing, and let the human misery continue.’ Any doubts about the efficacy of fiscal stimulus, he argues, were discredited by the remarkable discovery that recessions still happen: ‘Economists offering alternatives to Keynes devised mathematical models showing how markets would behave efficiently. But those ideas collapsed along with everything else in 2008.’ This is ignorant nonsense. Efficiency never meant markets can’t be surprised and crash. Besides, academic criticism of fiscal stimulus is mainly based on fact, not theory...

http://www.cato.org/pub_display.php?pub_id=12143

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rudkla - 20. Sep, 04:56

Meet the new Sarah Palin

http://www.brasschecktv.com/page/939.html

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Tea With Frankenstein

By David Michael Green

Just when you thought you'd reached the ground floor in the well of American self-destruction, you find out once again that that pit is absolutely bottomless.

http://www.informationclearinghouse.info/article26389.htm

Palin Opens Up About Possible 2012 Run, Says She's Willing to 'Give It a Shot'

Sarah Palin may be edging closer to a 2012 presidential run, telling Fox News "I would give it a shot" if the American people think she's "the one."

http://www.foxnews.com/politics/2010/09/17/palin-opens-possible-run-says-shed-shot/

From Information Clearing House

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rudkla - 20. Sep, 04:53

Suffocating the Poor: A Modern Parable

By Johann Hari

I want to tell you the story of how our governments have been torturing and tormenting an island in the Caribbean - but it is a much bigger story than that. It's a parable explaining one of the main reasons how and why, across the world, the poor are kept poor, so the rich can be kept rich.

http://www.informationclearinghouse.info/article26390.htm

20 Signs That The Economic Collapse Has Already Begun

For One Out Of Every Seven Americans

By Economic Collapse Blog

For most Americans, the economic collapse is something that is happening to someone else. Most of us have become so isolated from each other and so self-involved that unless something is directly affecting us or a close family member than we really don't feel it.

http://www.informationclearinghouse.info/article26394.htm

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rudkla - 20. Sep, 04:46

Sunday, 19. September 2010

Billionen-Dollar-Loch in den US-Rentenkassen

Laut einer Studie fehlen den Amerikaner 6,6 Billionen Dollar für die Altersversorgung, verantwortlich sind Verluste am Aktien- und Immobilienmarkt.

http://www.heise.de/tp/blogs/8/148401

rudkla - 19. Sep, 06:09

Saturday, 18. September 2010

Classified: Perverting Democracy by Preventing Disclosure

Lt. Col. Barry Wingard, Truthout: "I have discovered as legal counsel to Guantanamo Bay detainee Fayiz al-Kandari, the government seems dedicated to preventing information from coming to light and minimizing the significance of any information that does manage to escape. The government is, in effect, taking a black marker to everything it believes could be viewed in a negative light and declaring it 'classified' in the name of 'security.'"

http://www.truth-out.org/classified-perverting-democracy-preventing-disclosure63354

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rudkla - 18. Sep, 22:24

Poverty and Economic Crisis

Home Prices Drop in 36 States

8 Million Foreclosure-Bound Homes to Hit the Market; Prices to Stagnate for a Decade.

http://globaleconomicanalysis.blogspot.com/2010/09/home-prices-drop-in-36-states-beazer.html

US homes lost to foreclosure up 25 pct on year

Lenders took back more homes in August than in any month since the start of the U.S. mortgage crisis.

http://www.google.com/hostednews/ap/article/ALeqM5iusd1TwuJ9nBEZDXIObne7rZTnWgD9I91I000

Home foreclosures up 37% in New York

Home foreclosure filings in New York rose nearly 37 percent in August compared to the month before, a much sharper increase than the rate for the United States, according to a new report.

http://www.bizjournals.com/albany/stories/2010/09/13/daily34.html?surround=lfn

Bailed-Out Banks Finance Predatory Payday Lenders

American taxpayers bailed out the big banks. Now many of those banks are returning the favor by extending credit to payday lenders who sucker consumers into a spiraling debt trap.

http://www.banksterusa.org/content/bailed-out-banks-finance-predatory-payday-lenders

From Information Clearing House

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Poverty and Economic Crisis

Rick Wolff, Truthout: "The costs of capitalism and its recurrent crises can be tallied in multiple ways. Frequently used measures include the effects of unemployment, home foreclosures, cuts in wages and job benefits, insecurity of jobs and reductions in the services provided by governments at the federal, state and local levels. The costs tallied for the current crisis - now completing its third awful year - are so huge, diverse and lasting that no final or complete count will ever be possible. There are yet other ways of seeing and measuring the costs of capitalism. One measure less frequently used concerns poverty: the consequences of consigning people to live on incomes below whatever amount the government uses to define poverty. Another less frequently used measure is the number of people without health insurance."

http://www.truth-out.org/capitalisms-poverty-problem63375

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rudkla - 18. Sep, 10:56

300 Economists Warn Obama: Grave Danger Ahead

By Bryce Covert

This is not the time for balancing the budget and slashing the deficit, it is "the time for bold initiatives to rebuild America and to generate jobs and growth."

http://www.informationclearinghouse.info/article26382.htm

Americans No Longer Invest In Their Future

By Mike Thurau, Columnist

Why is a baby born in Puerto Rico more likely to survive into adulthood? Why does 10 percent of the population control nearly 80 percent of the wealth while 3.5 million people are homeless every year? Or, why are students in former Soviet prison states like the Czech Republic and Latvia consistently scoring better on achievement tests than American public schools despite the billions of dollars we invest in education?

http://www.informationclearinghouse.info/article26383.htm

Tent City: The Face Of Poverty In US

By RT Video Report

The poor return to the forest and build tent cities.
http://www.informationclearinghouse.info/article26380.htm

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US Adds 3.8 Million More to Ranks of the Poor as Poverty Rate Jumps

Ron Scherer, Christian Science Monitor: "The deepest recession in modern times has sharply increased the ranks of the poor during the past year, with 1 in 7 people in America officially counted as living in poverty."

http://www.truth-out.org/us-adds-38-million-more-ranks-poor-poverty-rate-jumps63355

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rudkla - 18. Sep, 10:40