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Chevron deference:
http://en.wikipedia.org/wiki/Chevron_U.S.A.,_Inc._v._Natural_Resources_Defense_Council,_Inc.#Importance
Thom, his name is Nikola Tesla, not Nikolai Tezla.
Perhaps the poor, disabled, and the elderly would have more of the help they need if liberals would at least acknowledge that there is a significant portion of the "poor" that are abled bodied and are milking the welfare sysytem for all its worth. Let's help the helpless, and not aid the clueless. However, I'm sure this will fall on deaf ears.
The whole thing was racially motovated.
2950-10k, middle classers don't demand that government stop increasing the wealth of the super-wealthy. Instead, they demand that government put an end to the few crumbs that trickle down to the poor, disabled and the elderly. We have extreme "class inequality" because this generation supports it. Well, they actually want to reduce the gap between the middle class and rich, but maintain the canyon between the poor and middle class.
No, since the 1980s, the US has flown backwards, reversing decades of progress, and many other nations have followed suit.
I don't know if over-population is the problem. I remember first hearing that we were on the brink of collapse from over-population as far back as the 1960s. We seem to be doing a quite adequate job of population reduction at the same time, by war, impoverishment, etc.
I'd say we're in a jam. America's leading contribution to climate change and environmental pollution is our excessive use of privately-owned motor vehicles. This is what defines our middle class.
Voting on-line bitcoin style is best.
Roland
chuckle8, the excess fertilizer that flows down rivers and out to sea causes huge algal blooms, which use up the oxygen in the water. (It doesn't really have anything to do with acidity.) Until the water reoxidizes, no animal can live in the area. It's like we're carpet-bombing the ocean every spring.
Funny how people fear that an asteroid could wipe out the planet, while global warming remains an abstract concept that seems to elicit outright denial, or a kick the can down the road apathy by many.
The trillions in taxpayer dollars we spend on our war/spy based economy needs to be redirected against the real national security threat.....global warming. From what I'm reading, the global food chain, and fresh water supply are both relatively close to catastrophic disruptions, the next decade or so. I'm guessing some of the more powerful Carbon Barons will be residing on Boot Hill by then, but what a freaking legacy they'll leave behind...global panic and chaos!!!!
Allowing extreme concentration of wealth has to be the biggest mistake civilized society ever made. The resultant arbitrary power in the hands of out of control Caligula's has lead directly to inaction on not only global warming, but many of the economic and social injustices we all deal with daily.
kend -- There has been so much change. I keep printing the list of all the changes, but I try to stay to a limit of providing the list here to no more than once every 30 days.
When Obama promised "hope and change" he had no idea how sociopathic the republican party was. If only he had known about the meeting at the Caucus Room Restaurant the night of his inauguration.
83% of Americans do not even know which party controls the House of Representatives.
72% of Americans approving of the Keystone (I would certainly like to see the link to that poll) might have something to do with all those ads (and money) provided to mainstream media by the fossil fuel industries.
tottcatering -- It is hopeful that if we can stop the chemtrails for 1 month their effect will go away.
For 200,000 years the human species has been worshiping the sun, and now we want to block it out.
Hi Thom, Well in spite of the counter examples and endless array of intelligent options offered the species, most recent time demonstrate in irrefutable terms, but one word will be necessary to carve on the headstone of humanity........greedy. Good luck with the hunt Craig Ziegler
JOHNANGUS -- I never heard Thom say global energy capture was purely anthropogenic.
If we had a carbon tax and rebate, we would not need the military industrial complex to do anything. It would come "naturally".
Great post man
douglas m -- I thought the rise in acidity was due to the warming oceans. That is, the warm oceans absorb more CO2 and become more acidic. What you describe sounds worse.
How do you stop an overpopulated world from using nitrates for farming for the masses?
The PH levels will turn the Oceans so acidic that no life will exist.
It looks bad fast if we are the sparrow in the cage for this experiment called Earth1.
There has been how many mass extinctions so far?
Amazing how we have destroyed so much in a hundred years.
Can we save ourselves? Are we that smart? We think we are but are slow to react.
Repost for correct Day as I was informed ...
Excellent Article, brief and easy to grasp, on Mergers and Aquisitions, Stock Buybacks etc.
http://www.zerohedge.com/news/2015-06-05/stock-market-disappearing-one-g...
The Stock Market Is Disappearing In One Giant Leveraged Buyout
by Daniel Drew of Dark Bid
Excerpts:
"Companies are spending nearly all of their profits on stock buybacks. Just recently, Wendy's announced they would buy back half of their stock."
"All of this activity harms employees. William Lazonick discussed the negative effects in a Harvard Business Review article called "Profits Without Prosperity." According to Lazonick, the American economy has transformed from a system of value creation to one of value extraction."
"From the end of World War II until the late 1970s, a retain-and-reinvest approach to resource allocation prevailed at major U.S. corporations. They retained earnings and reinvested them in increasing their capabilities, first and foremost in the employees who helped make firms more competitive. They provided workers with higher incomes and greater job security, thus contributing to equitable, stable economic growth - what I call "sustainable prosperity" This pattern began to break down in the late 1970s, giving way to a downsize-and-distribute regime of reducing costs and then distributing the freed-up cash to financial interests, particularly shareholders. By favoring value extraction over value creation, this approach has contributed to employment instability and income inequality"
"This is the end game of unfettered capitalism. The signs are all here. When you cast aside reasonable restraints, the unscrupulous among us will rise to the top and exploit everyone else. What we have left is a new American feudalism where CEOs move around like a pack of ruthless Somalian warlords. Riding behind the banner of efficiency, they replace employees with robots, outsource their work to foreigners and tell their employees to train their own replacements, and collude with hedge fund managers to strip companies of their most valuable assets to temporarily boost the stock price."
"As if all this weren't enough, now they are buying the entire stock market with money provided by the Federal Reserve's quantitative easing policies. This is essentially the largest leveraged buyout in history, and it's being paid for by every American."
A 16 year old started working out how to remove all of the plastic trash out of the oceans of the world! He is now 20 and here is what he has come up with:
http://www.theoceancleanup.com
Comment for today, not yesterday:
Translating it to the Gregorian calendar, June 9th, 2015, is the 800th anniversary of the Magna Carta.
Going by the name of the date, the anniversary is June 15th, next Monday.
I was an American kid in LONDON during 1975 and the real dollar collapse
I am a victim of a system that was completely stolen from a russian disporia (8 hour day 5 days a week) to feed into a system were i borrow my earnings from a private corp. not directly controled by the corp. i extract my "earning" from( in the form of a debt obligation againt the treasury dept.)? The treasury takes its share off the top (after the Fed takes its cut) in the form of taxes which the treasury gives to the Central bank as future collaterial against the THIN AIR print later on today? Interest rates going up is counter to everything i work for (keeping the system solvent)? 1980s long rates were about something other than inflation? Maybe defending a floating rate dollar policy?
Excellent Article, brief and easy to grasp, on Mergers and Aquisitions, Stock Buybacks etc.
http://www.zerohedge.com/news/2015-06-05/stock-market-disappearing-one-g...
The Stock Market Is Disappearing In One Giant Leveraged Buyout
by Daniel Drew of Dark Bid
Excerpts:
"Companies are spending nearly all of their profits on stock buybacks. Just recently, Wendy's announced they would buy back half of their stock."
"All of this activity harms employees. William Lazonick discussed the negative effects in a Harvard Business Review article called "Profits Without Prosperity." According to Lazonick, the American economy has transformed from a system of value creation to one of value extraction."
"From the end of World War II until the late 1970s, a retain-and-reinvest approach to resource allocation prevailed at major U.S. corporations. They retained earnings and reinvested them in increasing their capabilities, first and foremost in the employees who helped make firms more competitive. They provided workers with higher incomes and greater job security, thus contributing to equitable, stable economic growth - what I call "sustainable prosperity" This pattern began to break down in the late 1970s, giving way to a downsize-and-distribute regime of reducing costs and then distributing the freed-up cash to financial interests, particularly shareholders. By favoring value extraction over value creation, this approach has contributed to employment instability and income inequality"
"This is the end game of unfettered capitalism. The signs are all here. When you cast aside reasonable restraints, the unscrupulous among us will rise to the top and exploit everyone else. What we have left is a new American feudalism where CEOs move around like a pack of ruthless Somalian warlords. Riding behind the banner of efficiency, they replace employees with robots, outsource their work to foreigners and tell their employees to train their own replacements, and collude with hedge fund managers to strip companies of their most valuable assets to temporarily boost the stock price."
"As if all this weren't enough, now they are buying the entire stock market with money provided by the Federal Reserve's quantitative easing policies. This is essentially the largest leveraged buyout in history, and it's being paid for by every American."
Oddly, the Constitution lists neither violation of oath of office nor fraudulent attainment of office as impeachable offenses.
Free trade was actually invented by the EIC as a means to get involved in India circa 17 century. the debacle in emerging market bonds was tied to strengthing dollar? The FT was trying to report something that my be already over? the FED has a balance sheet full of long term debt SO..... who OWNS the bond market? THE CENTRAL BANK OF THE UNITED STATES is spooking the market by allowing long rates to back up by THEIR selling ? THEY OWN ALL BONDS of THE BOND "MARKET" SO BOO>>> you wrote a crash book not knowing about the dynamics of the post HANK PAULSON economy??? voodoo is working more than just fine PAL?