13 February 2009

Stimulus Bill Limits TARP Exec Pay

by Paul Kiel, ProPublica - February 13, 2009 5:32 pm EST

Top executives at banks that got money from the TARP will face stricter compensation limits thanks to the stimulus bill. That’s because tucked into the 1,071-page bill [1] is a twelve-page section [2] that goes much further than any limits imposed by the Bush administration or even contemplated by the Obama administration.

The limits, which limit bonuses to one-third of total compensation for top execs, would affect both banks that have already received a piece of the $700 billion bailout and future investments. That’s far stricter than previous limits. For examples, the limits proposed last week by Treasury Secretary Tim Geithner [3] wouldn’t have applied at all to the Treasury’s ongoing program [4] to invest in "healthy" banks across the country.

The new limits will force "huge change" at the country’s larger banks – albeit "temporarily" – said Paul Hodgson of the Corporate Library, a corporate-governance research firm. The limits will apply until a bank pays back the government’s bailout money.

The bill requires Secretary Geithner to set new pay limits for participants in the bailout. It also spells out what some of those limits must be:

  • No golden parachutes for the top five execs. Under the terms adopted by the Bush administration and continued by the Obama administration, execs could still leave with sizable exit bonuses, capped at three times average annual compensation. This bill would prohibit such bonuses. (But don’t worry about those CEOs: execs would still be allowed their fat pensions [7].)
  • Bonuses for top execs are limited to long-term restricted stock, meaning they can’t cash in until the government gets its money back, and that bonus can’t be more than one-third of the total annual compensation.

For those banks that received more than $500 million from the government, the rules affect the five most senior executives and the twenty "next most highly-compensated employees." Banks that got between $250 million and $500 million only limit the pay of the give most senior execs and ten next highly paid, and so on down to the smallest banks, those that got less than $25 million, where only the highest paid employee is affected.

The limits will be felt by execs at the country’s national and regional banks, said Hodgson, of Corporate Library, the corporate-governance research firm. Bonuses at the biggest banks have run at 20-30 times an exec’s base pay, he said, and 2-4 times salary for regional banks.

The limits don’t directly limit executive salaries, only bonuses – but it does put in place some indirect measures to control them. The bill requires that each bank that received more than $25 million create a Board Compensation Committee composed of "independent directors" to review compensation plans. And public companies have to put their compensation arrangements up for nonbinding shareholder votes.

It’s unclear whether the bill will affect bonuses already paid for 2008. On the one hand, it explicitly exempts bonuses paid pursuant to contracts written or executed by Wednesday of this week. On the other hand, it directs Secretary Geithner to review bonuses already paid out to see if they conform to the bill’s requirements: If not, Geithner is directed to "negotiate" with the bank "for appropriate reimbursements to the Federal Government." We’ve put out a call Sen. Chris Dodd’s (D-CT) office to see if he can unravel this for us (the bill’s language seems to largely derive from an amendment [5] he offered in the Senate).

The stimulus bill passed the House earlier today and should get a vote in the Senate today.

Interested in what Paul Kiel is reading today? Read the articles around the Web he’s sharing [6].


LET THE REVOLUTION BEGIN!

Thanks for all you do!
Live your values. Love your country.
And, remember: TOGETHER, We can make a DIFFERENCE!

FAIR USE NOTICE: This blog may contain copyrighted material. Such material is made available for educational purposes, to advance understanding of human rights, democracy, scientific, moral, ethical, and social justice issues, etc. This constitutes a ‘fair use’ of any such copyrighted material as provided for in Title 17 U.S.C. section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. If you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission from the copyright owner.

12 February 2009

Banner Drop Over Cross Bronx Expressway Continues Wave of Jewish Solidarity.


by: JATO-NYC, http://jatonyc.org/
graphic by:
Alane Golden c. 2008.

Banner Drop Over Cross Bronx Expressway Continues Wave of Jewish Solidarity

NYC Jews Call for an Immediate End to Israel’s Occupation of Palestine. A banner drop over New York City's entrance to the Cross Bronx Expressway, at 179th Street and Amsterdam Avenue in Manhattan, carried out by members of Jews Against the Occupation / NYC, declared "Free Palestine."

This action by Jewish New Yorkers continued the wave of increasingly public Jewish solidarity with the Palestinians recently targeted by the Israeli government's attack on the Gaza Strip, which killed over 1,300 people. Four banners were hung from overpasses on the Brooklyn-Queens Expressway and a fifth near the U.S.S. Intrepid on the West Side Highway in January.

The banner, seen by thousands of commuters during morning rush hour on Wednesday February 11, 2009, expanded the public presence of the many who strongly disagree with the US government’s support for Israel’s occupation of Palestine. Hundreds of Jews have participated in demonstrations in New York City. An AIPAC fundraiser with Michael Bloomberg in attendance was blockaded for two hours on January 29th.

A 24-hour protest in front of the World Zionist Organization and the Jewish Agency has been called for Thursday, February 12. "We are standing up for justice," said Niuta Teitelboim, one of the JATO / NYC activists, "which is a Jewish tradition that many Jewish organizations seem to have abandoned. Too many vocally endorsed a war which involved a string of Israeli war crimes: the mass killings of children and families at UN schools designated as places of refuge; the targeting with bombs and artillery fire of hospitals and ambulances; and most recently the destruction of food and medical aid supplies in a UN facility."

"The occupation is being paid for with U.S. taxpayers' money. Israel could not maintain one of the world's largest militaries without a constant flow of cash from the U.S. treasury," elaborated Chloe Tribich, another JATO/NYC member involved in the action. "Even if foreclosures and unemployment weren't decimating our neighborhoods, surely there are better uses for $3 billion a year than helping the Israeli government commit war crimes."

"Today's action is one small contribution to the growing movement in solidarity with the 1.5 million Palestinians whose lives are being destroyed by the occupation," JATO-NYC member Ethan Heitner explained. "We know from our own history what being sealed behind barbed wire and checkpoints is like, and we know that 'Never Again' means not anyone, not anywhere - or it means nothing at all."



LET THE REVOLUTION BEGIN!

Thanks for all you do!
Live your values. Love your country.
And, remember: TOGETHER, We can make a DIFFERENCE!

FAIR USE NOTICE: This blog may contain copyrighted material. Such material is made available for educational purposes, to advance understanding of human rights, democracy, scientific, moral, ethical, and social justice issues, etc. This constitutes a ‘fair use’ of any such copyrighted material as provided for in Title 17 U.S.C. section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. If you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission from the copyright owner.

11 February 2009

Drug Lobbyists & Right-wing Nutcases are Lying to YOU.

Drug companies have teamed up with right-wing ideologues like Rush Limbaugh and Republicans in Congress to fight the health care measures in President Obama's economic recovery package.

They are perpetuating the lie that these measures will "[reduce] options for patients and doctors." [1] Can you help fight back?

Click to call your Members of Congress and tell them not to listen to drug lobbyist lies and keep health care measures in the economic recovery package!

This week, the House and Senate will combine their different versions of the recovery package into one bill to pass and send to the President. The bill likely will include assistance to allow people to keep their health insurance after losing their job (called COBRA) and billions in aid to state Medicaid programs for the uninsured. Another important part of the deal is new investment in health information technology and comparative effectiveness research (a wonky term that just means giving doctors and patients information about what treatments work best).

Conservatives are tearing their hair out, claiming these measures would ration care and limit choice. They're calling on Congress to strip these provisions from the recovery package. And they're being helped by PhRMA and the rest of the drug industry, which has mobilized their army of highly paid Washington lobbyists to oppose these measures, which would cut into their profits. [2]

The only problem? It's all lies. Here's the truth:

  • Health information technology (health IT) would convert paper medical records into electronic records, meaning less medical errors and less time and money spent by your doctor on paperwork
  • Comparative effectiveness research would help doctors and patients understand which therapies work and which don't, which could save your life

There is nothing in the economic recovery legislation that was passed by the House that rations care or makes decisions that are best left to you and your doctor. [3]

Click to call your Members of Congress and tell them you want Health IT, comparative effectiveness research, and health care aid to states in the economic recovery package.

Oh, and another thing. These investments in health care would create thousands of jobs.

Call your Members of Congress and ask them to stand up to drug industry lobbyists and right-wing ideologues!

Thanks for standing up against the lies.

To your health,
Health Care for America Now

Call your Senators!

[1] House Republican Leader John Boehner: "That's right, congressional Democrats plan to 'stimulate' the economy by reducing options for patients and doctors."

[2] The Wall Street Journal: "Drug Makers Fight Stimulus Provision"

[3] Media Matters for America: "Limbaugh repeats health IT falsehood from Bloomberg "commentary" on House recovery bill"


LET THE REVOLUTION BEGIN!

Thanks for all you do!
Live your values. Love your country.
And, remember: TOGETHER, We can make a DIFFERENCE!

FAIR USE NOTICE: This blog may contain copyrighted material. Such material is made available for educational purposes, to advance understanding of human rights, democracy, scientific, moral, ethical, and social justice issues, etc. This constitutes a ‘fair use’ of any such copyrighted material as provided for in Title 17 U.S.C. section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. If you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission from the copyright owner.

Our nation's health care system is in a crisis: Act NOW!

A message from Public Citizen:

Our nation's health care system is in a crisis.


As a practicing internist, I can tell you what this means for patients: Many cannot get their prescriptions filled or afford co-payments for office visits, so they become ill enough to require hospitalization. Some even die.

I recall one patient, a veteran who developed nearly fatal kidney failure from an enlarged prostate because he was too poor to afford private coverage but made too much to be covered by the Veterans Administration or Medicaid.

It's sad and unconscionable that cases like this are so common. Almost 50 million Americans do not have health insurance, and tens of millions more cannot afford the care they need - even though they have insurance!

Public Citizen has decided it's time to do something about this crisis, and has joined the Leadership Conference for Guaranteed Healthcare, a national coalition for single-payer health care. A single-payer system would eliminate private insurance companies and provide every American with access to high-quality care under one national health care system.

We need your help.

Rep. John Conyers has introduced a single-payer bill in the House, HR 676. It's a hard sell, because many powerful interests, especially insurance companies, oppose it. Over the next few months, we'll be calling on you to take action. It's critical that lawmakers hear from the people most affected by this - you.

The first opportunity for your input is tomorrow, with a national call-in day to Congress. Stay tuned for more call-in information tomorrow, or catch a preview now on our action page!

Public Citizen looks forward to working with you in achieving this most crucial of goals: affordable health care for every American.

Stay tuned!

Thank you for all you do,
James Floyd, M.D.
Public Citizen

P.S. - Learn more about single-payer health care and the Leadership Conference. We'll keep this site updated with action items, press releases and ways for you to connect with other activists, so check back often.


Learn more about single-payer health care

Preview tomorrow's call-in information


LET THE
REVOLUTION BEGIN!


Thanks for all you do!
Live your values. Love your country.
And, remember: TOGETHER, We can make a DIFFERENCE!

FAIR USE NOTICE: This blog may contain copyrighted material. Such material is made available for educational purposes, to advance understanding of human rights, democracy, scientific, moral, ethical, and social justice issues, etc. This constitutes a ‘fair use’ of any such copyrighted material as provided for in Title 17 U.S.C. section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. If you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission from the copyright owner.


Right-Washing the New Deal

by: Karl Frisch

This op-ed originally appeared in the San Jose Mercury News.

It's probably a good thing that cable news generally doesn't draw much of an audience from the 18 - to - 24 year-old demographic. Otherwise, history professors across the nation could very well be witnessing the undoing of their work to educate students about the dire economic climate the United States faced for much of the 1930s.

Those who have been watching cable news lately have undoubtedly noticed the litany of conservative media figures attempting to rewrite history by denigrating the tremendous successes of President Franklin Delano Roosevelt's New Deal policies in what amounts to an orchestrated effort to derail the economic recovery plans of President Obama.

Fox News Washington managing editor Brit Hume recently called Roosevelt's policies "a jihad against private enterprise," just after claiming that "everybody agrees, I think, on both sides of the spectrum now, that the New Deal failed." That may be accurate if by "both sides of the spectrum" Hume is referring to the right and far-right over at Fox News.

Hume's own jihad against the facts, however, represents only a small portion of the historical misrepresentations passed off as reasoned debate about the New Deal.

Witness the day-break machinations of the crew over at MSNBC's Morning Joe. During a recent broadcast, Joe Scarborough and co-host Mika Brzezinski kicked off a string of attacks against the president's recovery plan, using the New Deal as their dubious weapon du jour. Mika said of Obama's plan, "I think we're going to have the same unemployment in three or four years, just like the New Deal." That just isn't true -- unemployment fell every year from 1933 through 1937.

Her buddy Joe didn't fare much better, cherry-picking data in telling viewers that unemployment was at "20 percent" in 1938, ignoring the downward trend in unemployment that occurred under the New Deal.

Joe isn't alone -- conservative columnists George Will and Mona Charen have played the same numbers game to falsely claim the New Deal failed to reduce unemployment, a contention disputed by historians and economists.

Don't take my word for it -- data from the Bureau of Labor Statistics show the unemployment rate in 1933 clocking in at 24.9 percent and falling each year thereafter (to 14.3 percent in 1937) until 1938 when it rose to 19 percent. Why the increase from 1937 to 1938? As Nobel laureate Paul Krugman has noted, it was a reversal of these very same New Deal policies, which had reduced unemployment, that actually led to recession and drove the numbers back up. It's worth noting, by the way, that these numbers do not include those in federal work-relief programs (at the time, BLS counted those employed by the New Deal's emergency work programs as unemployed). So, the unemployment numbers were actually lower than reported in these years.

The strengthening of the social safety net during the 1930s stimulated the economy while also providing assistance to those waiting to feel the economic recovery for themselves. That's perhaps why Fox News' Bill O'Reilly saw fit to lambast portions of the president's plan aimed at assisting those most in need during these difficult times, claiming last week on his television show that increased funding for programs like food stamps has "nothing to do with stimulating the economy." Though his ego will never let him admit it, O'Reilly is dead wrong.

Congressional Budget Office director Douglas Elmendorf and former McCain campaign economic adviser Mark Zandi have both said that extending food stamps does, in fact, stimulate the economy. Zandi stated last year that "extending food stamps [is] the most effective [way] to prime the economy's pump," while Elmendorf noted in congressional testimony just last week that "[t]ransfers to persons (for example, unemployment insurance and nutrition assistance) would also have a significant impact on GDP."

Faced with the prospect that history will again demonstrate that government spending and investment are important tools in confronting an economic crisis, it is now clear that conservatives are engaged in a misinformation campaign to mislead the public.

So, when radio host Rush Limbaugh, whom former President Ronald Reagan reportedly called the "Number one voice for conservatism" and House Republicans named an honorary member of Congress in 1994, recently said of Obama, "I hope he fails," it makes one wonder if he might not be speaking for all of his pals on the right.

If Limbaugh and conservatives truly want the president to "fail," rewriting the history of the New Deal may very well be the first salvo in a long war to defeat Obama's agenda for America.

Karl Frisch is a senior fellow at Media Matters for America, a progressive media watchdog, research, and information center based in Washington, D.C. Frisch also contributes to County Fair, a media blog featuring links to progressive media criticism from around the web as well as original commentary. You can follow him on Twitter and Facebook or sign-up to receive his columns by email.


LET THE REVOLUTION BEGIN!

Thanks for all you do!
Live your values. Love your country.
And, remember: TOGETHER, We can make a DIFFERENCE!

FAIR USE NOTICE: This blog may contain copyrighted material. Such material is made available for educational purposes, to advance understanding of human rights, democracy, scientific, moral, ethical, and social justice issues, etc. This constitutes a ‘fair use’ of any such copyrighted material as provided for in Title 17 U.S.C. section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. If you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission from the copyright owner.


Talk and Go Straight, and Let All be Well.


Prayer to Grandfather:
Talk and Go Straight, and Let All be Well.
by: Alane Golden


Motavato Black Kettle of the Southern Cheyenne spoke to the Indians at Medicine Creek Lodge:


"We were once friends with the whites, but you nudged us out of the way by your intrigues and now when we are in council, you keep nudging (to fight) each other. Why don't you talk and go straight, and let all be well?"


Talk and go straight, and let all be well. This is what you taught your children, and this too is what shapes me. But Grandfather, the world is a very different place today than when you walked in harmony on this earth. The time has come for all here to talk and go straight, and let all be well. Though, this is becoming more difficult with each passing day, and I ask for your strength and guidance on this journey.


Segal's Law says a man with a watch knows what time it is, but a man with two watches is never sure. You taught your children that Natural Law tells the time by looking at the position of the sun in the sky – that the sun is our watch. You taught them to navigate through the tidal creeks, using the stars and the moon - to spear flounder swimming beneath the murky water, so they too might be self-sufficient. By imparting your knowledge of tools, they learned the honor of creating. Because of you, they paid close attention to the seasons - learning to grow and prepare the same food gracing their dinner table. By doing so, they grasped the interconnectedness of man to earth, and knew they must respect and care for the land - because they understood it was a gift. Thanks to you Grandfather, your daughters learned the joys of music, of knowledge in books, and the value of sharing and giving freely. You were a man of few words, because you were a leader by example. For these things and more, I humbly give thanks. If not for you, I would not be here - trying to walk the road in a way both honoring you, and those who came before.


But Grandfather, in thinking about the time in which you lived compared to now, I sometimes find myself confused. Though the sun still remains in the same position, the clock often tells a different time. We are no longer able to get in our rickety, hand-made, wooden boats to fish freely. There are now permits required for so many of the things that just were, in your lifetime. Without money, the people are blocked from collecting the gifts of nature to share with their families, and the delicate cycle between nature and man is now broken. And the fish Grandfather, the fish! Those left are now very sick. In the world in which I walk, pregnant women are told not to eat shellfish because mercury poisoning may damage their unborn children. This is poison we put in our own water. In spite of the many rules and regulations, the people still walk on the land and swim in the waters. But, most here have lost their way. Trampling over, no longer walking with the land is what we honor today. What does this speak of the time in which we now live? Who are we? How will we be remembered? The time for all on earth to talk and go straight, and let all be well is upon us. I again ask for your strength and guidance on this journey.


Though you never went to university, you worked yourself into an early grave making certain your daughters did. Because you sacrificed yourself so your children might have opportunities you did not, I pray that you are now standing tall in the knowledge that your grandchildren have carried forward these values. It is because of you that we were able. For this, we owe you much. Know your sacrifices were not made in vain. And, like you Grandfather, I too have traveled across the Atlantic Ocean. Visiting Europe, I walked on the land upon which you once found yourself a teenager in uniform, carrying a gun. My trip was only possible because of the path you forged. Studying academics – not warfare – my weapons instead were books, pencils and paper. While learning, I tried to honor you, ever mindful to, “Talk. Go straight. And, let all be well.”


After studying in the halls of university, I traversed the world for nearly a decade - carrying what little possessions owned, upon my back. Crossing many oceans, I reached the farthest corners of the world – traveling to the places described in the books you could only read. In these faraway lands, I became a student of life - observing every one and every thing encountered – trying hard to remember the things you passed on. It was with the Koori Aborigines of Australia and while traveling with the Maoris of Aotearoa in which I most felt your presence and heard clearly, “Talk. Go straight. And, let all be well.”


Though this walkabout was good, and I learned much, the time to return to my land soon came. For, somewhere along this journey, I found my father. You remember him well. He was the one you begged your firstborn daughter not to marry. She did not heed your wisdom, and things between them were as bad as your vision foretold. His warrior spirit was not equal in strength to the disease crippling him. But fear not, Grandfather. Because after you returned to the earth, our Mother was able to gather the courage to leave – taking her daughters back to the very place in which you were raised. Thanks to the help of all our extended relations, we learned your practices – growing up healthy and strong in mind, body, and spirit. It was through these teachings that I learned to treat those as I would be treated. This concept has been taught for thousands of years. And, though easily spoken, can sometimes be most difficult in practice. But, because you walked - rather than talked - your daughters were good teachers, and we came to understood that actions speak more loudly than words. So, when I learned our father was alone, ill, and in need of care, I traded a life in Australia for one in New York City (NYC). It was on the long trip back in which I heard these words whispering in the wind, “Talk and go straight and, let all be well.”


I have seen many spectacular things in this grand city. There are buildings taller than many mountains. Art of every kind, from many periods, hangs on walls in sprawling halls of splendor and magnificence. Great performers grace stages on Broadway, singing and dancing to live orchestras playing the same music once transported through the phonographs of yesteryear. Hundreds of trains run simultaneously in incongruent directions beneath the city - depositing the millions running to-and-fro to places yet discovered. Here, people from many cultures and classes live side-by-side, in relative harmony. The city houses some of America’s best institutions for higher learning. Every summer, Central Park explodes with life - thousands of tulips bloom, setting the stage for music concerts and Shakespearean plays. There are extravagant parades for every occasion. Though I have experienced these things as an individual, knowing you have been watching fills my heart with indescribable joy. I feel strongly that you have taken great pleasure in bearing witness to this wonder and pray this has brought you a small measure of happiness. That - in some way - these moments have made you proud…that there is a smile upon your lips when you gently remind, “Talk. Go straight. Let all be well.”


While experiencing these things has been remarkable, my spirit is sometimes heavy, Grandfather. Though trying to stand tall, my walk grows increasingly more troubled – shoulders stooping slightly. For, they are burdened by a saddened heart. Just as the scale requires a careful measure to maintain balance, too great in number have our troubles mounted to achieve equality, and our lives have grown off-kilter. We have again lost our way, Grandfather. I find the challenges of life in NYC many - the road often clogged with great distraction, and much noise. Lately, balancing tears of joy with those of sadness grows ever more challenging. At times, I am fearful the image of the many desperate faces peering through the windows of a plane crashing into the World Trade Center will forever haunt my dreamtime. The sadness of their restless spirits trapped here has been, at times, overwhelming. In retaliation for this act, a continuous, near eight-year war has been waged. Though our troubles mount daily, leaders tell us yet another foreign enemy threatens our sovereignty. All the while, woes at home mount. The losses are many, ever increasing and they tug upon our souls with greater intensity. Thousands of men, women, and children have given their lives in the streets of far-away places. And, much blood has been shed.


Our great nation has lost its way, Grandfather. We now find ourselves at the same crossroads in which your generation once found itself. With our Elders fast disappearing, their wisdom has become too carelessly forgotten. It brings great sadness to admit the painful lessons learned by your generation have been ignored by most in the next. The people have arrived full circle - back to the same hard road upon which you already walked. We are reaping what we have sewn. And, just as then, many people now do not have work. The unemployment lines grow larger with each sunrise. Countless are losing their homes. Still, others find themselves without very basic health care. Fuel has become so costly the people must choose between filling their cars, or their stomachs. And, after surviving the horrors of war, our veterans are returning, only to find themselves living on streets throughout the nation - killing themselves in record numbers. The country is sick, Grandfather, and “Talking, going straight, and letting all be well,” has grown most challenging.


It is in this spirit that I humbly ask for your continued guidance. Without which, I would be lost. Because you walked the earth for many moons, you have the answers to the questions now being asked. Please accept this prayer, dear Grandfather. More than any time on my journey, I ask your help to remain brave, to grant me the fortitude of endurance, to aid in the mindfulness of the gifts of generosity, and to give me the wisdom I seek. Like you, the great desire to leave this earth a better place than when I lived, remains stronger than ever, and I thank you for your counsel on this journey. Talk and go straight, and let all be well!



LET THE REVOLUTION BEGIN!

Thanks for all you do!
Live your values. Love your country.
And, remember: TOGETHER, We can make a DIFFERENCE!

FAIR USE NOTICE: This blog may contain copyrighted material. Such material is made available for educational purposes, to advance understanding of human rights, democracy, scientific, moral, ethical, and social justice issues, etc. This constitutes a ‘fair use’ of any such copyrighted material as provided for in Title 17 U.S.C. section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. If you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission from the copyright owner.

10 February 2009

A Plea to Remember the Indian Nations.

Original Post: NY Times
February 10, 2009, 8:38 pm

photograph: Alane Golden
additional photograph: Chris Carlson

In his final State of the Indian Nations address, the president of the National Congress of American Indians pressed Tuesday for the group’s needs to receive parity in the Obama administration’s economic recovery package.

The president of the 250-tribe organization, Joe Garcia, laid out the group’s goals for economic recovery, health care, public safety and education in a speech to about 200 people at the National Museum of the American Indian.

At the top of his list, Mr. Garcia stressed the urgency of an economic plan directed at the tribes, which the Indian congress has estimated would cost $3.6 billion; he said this would provide 50,000 “shovel-ready” jobs on reservations, where unemployment is often far higher than elsewhere in the country. He also pleaded for Congress to reauthorize the Indian Health Care Improvement Act, which expired 10 years ago.

“While the United States faces an economy in recession, great swaths of Indian country have been in an economic recession for decades,” Mr. Garcia said. “In every relevant program area for Indian issues — from education and public safety to the environment, infrastructure, and health care–federal funding lags behind the average for the rest of the United States.”

Mr. Obama, who was adopted by the Crow Nation during the primaries and named “One Who Helps People Throughout the Land,” included the money for the Indians in his stimulus proposal, although several of its provisions had been stripped out of the Senate’s package by the time Mr. Garcia spoke Tuesday. (The organization, like the rest of the country, awaits the results of the negotiations in Congress to produce a final plan.)

Mr. Garcia praised the Obama administration for its inclusive approach to American Indians and natives of Alaska.

Ken Salazar, head of the Department of the Interior, home to the Bureau of Indian Affairs, met with tribal leaders the day before he was confirmed last month, and First Lady Michelle Obama said Monday that the President plans to appoint a senior adviser dedicated to Indian policy in the White House, a move Mr. Garcia said elevates Indians’ causes.

“When the President says that Indian nations are a priority for his new Administration, I take him at his word,” Mr. Garcia said. “With all my heart, I believe this is the true and right thing to do. I hope that, as the President says, the waiting is over, because Indians have been waiting a long, long time for the government’s actions to meet our own.”

“As the men and women of Indian nation, we are carrying our part of the load and bearing our share of the burden,” he said. “Yet our goals cannot be reached without the federal government honoring its long-standing, historic, and yes, sacred commitment to us.”

LET THE REVOLUTION BEGIN!

Thanks for all you do!
Live your values. Love your country.
And, remember: TOGETHER, We can make a DIFFERENCE!

FAIR USE NOTICE: This blog may contain copyrighted material. Such material is made available for educational purposes, to advance understanding of human rights, democracy, scientific, moral, ethical, and social justice issues, etc. This constitutes a ‘fair use’ of any such copyrighted material as provided for in Title 17 U.S.C. section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. If you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission from the copyright owner.

Paterson provides $2B to buoy jobless.

February 10, 2009 5:15 PM

Officials will release $2 billion more in unemployment insurance funds to address the recent spike in jobless claims; more than 420,000 New Yorkers are on the dole.

(AP) - Gov. David Paterson and legislative leaders have agreed to release $2 billion more in unemployment insurance funds to deal with a spike in claims.

New unemployment claims have doubled to a weekly average of about 25,000 from about 12,500 a year ago. There are now more than 420,000 New Yorkers receiving benefits. That's up 175,000 from last year's average.

Mr. Paterson and the lawmakers needed to agree on additional funding to avoid running out of money for benefits by the end of the fiscal year March 31.

Workers and employers won't pay more in payroll deductions. The money will come from the federal Unemployment Insurance Trust Fund.

The average weekly benefit is $309 and, because of a recent federal change, can be received for up to 59 weeks after a new claim.


LET THE REVOLUTION BEGIN!

Thanks for all you do!
Live your values. Love your country.
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05 February 2009

It's Not Going to Be Ok, by: Chris Hedges

Posted: “TruthDig“, .

ICH

The daily bleeding of thousands of jobs will soon turn our economic crisis into a political crisis. The street protests, strikes and riots that have rattled France, Turkey, Greece, Ukraine, Russia, Latvia, Lithuania, Bulgaria and Iceland will descend on us. It is only a matter of time. And not much time. When things start to go sour, when Barack Obama is exposed as a mortal waving a sword at a tidal wave, the United States could plunge into a long period of precarious social instability.

At no period in American history has our democracy been in such peril or has the possibility of totalitarianism been as real. Our way of life is over. Our profligate consumption is finished. Our children will never have the standard of living we had. And poverty and despair will sweep across the landscape like a plague. This is the bleak future. There is nothing President Obama can do to stop it. It has been decades in the making. It cannot be undone with a trillion or two trillion dollars in bailout money. Our empire is dying. Our economy has collapsed.

How will we cope with our decline? Will we cling to the absurd dreams of a superpower and a glorious tomorrow or will we responsibly face our stark new limitations? Will we heed those who are sober and rational, those who speak of a new simplicity and humility, or will we follow the demagogues and charlatans who rise up out of the slime in moments of crisis to offer fantastic visions? Will we radically transform our system to one that protects the ordinary citizen and fosters the common good, that defies the corporate state, or will we employ the brutality and technology of our internal security and surveillance apparatus to crush all dissent? We won’t have to wait long to find out.

There are a few isolated individuals who saw it coming. The political philosophers Sheldon S. Wolin, John Ralston Saul and Andrew Bacevich, as well as writers such as Noam Chomsky, Chalmers Johnson, David Korten and Naomi Klein, along with activists such as Bill McKibben and Ralph Nader, rang the alarm bells. They were largely ignored or ridiculed. Our corporate media and corporate universities proved, when we needed them most, intellectually and morally useless.

Wolin, who taught political philosophy at the University of California in Berkeley and at Princeton, in his book “Democracy Incorporated” uses the phrase inverted totalitarianism to describe our system of power. Inverted totalitarianism, unlike classical totalitarianism, does not revolve around a demagogue or charismatic leader. It finds its expression in the anonymity of the corporate state. It purports to cherish democracy, patriotism and the Constitution while cynically manipulating internal levers to subvert and thwart democratic institutions. Political candidates are elected in popular votes by citizens, but they must raise staggering amounts of corporate funds to compete. They are beholden to armies of corporate lobbyists in Washington or state capitals who write the legislation. A corporate media controls nearly everything we read, watch or hear and imposes a bland uniformity of opinion or diverts us with trivia and celebrity gossip. In classical totalitarian regimes, such as Nazi fascism or Soviet communism, economics was subordinate to politics. “Under inverted totalitarianism the reverse is true,” Wolin writes. “Economics dominates politics-and with that domination comes different forms of ruthlessness.”

I reached Wolin, 86, by phone at his home about 25 miles north of San Francisco. He was a bombardier in the South Pacific during World War II and went to Harvard after the war to get his doctorate. Wolin has written classics such as “Politics and Vision” and “Tocqueville Between Two Worlds.” His newest book is one of the most important and prescient critiques to date of the American political system. He is also the author of a series of remarkable essays on Augustine of Hippo, Richard Hooker, David Hume, Martin Luther, John Calvin, Max Weber, Friedrich Nietzsche, Karl Marx and John Dewey. His voice, however, has faded from public awareness because, as he told me, “it is harder and harder for people like me to get a public hearing.” He said that publications, such as The New York Review of Books, which often published his work a couple of decades ago, lost interest in his critiques of American capitalism, his warnings about the subversion of democratic institutions and the emergence of the corporate state. He does not hold out much hope for Obama.

“The basic systems are going to stay in place; they are too powerful to be challenged,” Wolin told me when I asked him about the new Obama administration. “This is shown by the financial bailout. It does not bother with the structure at all. I don’t think Obama can take on the kind of military establishment we have developed. This is not to say that I do not admire him. He is probably the most intelligent president we have had in decades. I think he is well meaning, but he inherits a system of constraints that make it very difficult to take on these major power configurations. I do not think he has the appetite for it in any ideological sense. The corporate structure is not going to be challenged. There has not been a word from him that would suggest an attempt to rethink the American imperium.”

Wolin argues that a failure to dismantle our vast and overextended imperial projects, coupled with the economic collapse, is likely to result in inverted totalitarianism. He said that without “radical and drastic remedies” the response to mounting discontent and social unrest will probably lead to greater state control and repression. There will be, he warned, a huge “expansion of government power.”

“Our political culture has remained unhelpful in fostering a democratic consciousness,” he said. “The political system and its operatives will not be constrained by popular discontent or uprisings.”

Wolin writes that in inverted totalitarianism consumer goods and a comfortable standard of living, along with a vast entertainment industry that provides spectacles and diversions, keep the citizenry politically passive. I asked if the economic collapse and the steady decline in our standard of living might not, in fact, trigger classical totalitarianism. Could widespread frustration and poverty lead the working and middle classes to place their faith in demagogues, especially those from the Christian right?

“I think that’s perfectly possible,” he answered. “That was the experience of the 1930s. There wasn’t just FDR. There was Huey Long and Father Coughlin. There were even more extreme movements including the Klan. The extent to which those forces can be fed by the downturn and bleakness is a very real danger. It could become classical totalitarianism.”

He said the widespread political passivity is dangerous. It is often exploited by demagogues who pose as saviors and offer dreams of glory and salvation. He warned that “the apoliticalness, even anti-politicalness, will be very powerful elements in taking us towards a radically dictatorial direction. It testifies to how thin the commitment to democracy is in the present circumstances. Democracy is not ascendant. It is not dominant. It is beleaguered. The extent to which young people have been drawn away from public concerns and given this extraordinary range of diversions makes it very likely they could then rally to a demagogue.”

Wolin lamented that the corporate state has successfully blocked any real debate about alternative forms of power. Corporations determine who gets heard and who does not, he said. And those who critique corporate power are given no place in the national dialogue.

“In the 1930s there were all kinds of alternative understandings, from socialism to more extensive governmental involvement,” he said. “There was a range of different approaches. But what I am struck by now is the narrow range within which palliatives are being modeled. We are supposed to work with the financial system. So the people who helped create this system are put in charge of the solution. There has to be some major effort to think outside the box.”

“The puzzle to me is the lack of social unrest,” Wolin said when I asked why we have not yet seen rioting or protests. He said he worried that popular protests will be dismissed and ignored by the corporate media. This, he said, is what happened when tens of thousands protested the war in Iraq. This will permit the state to ruthlessly suppress local protests, as happened during the Democratic and Republic conventions. Anti-war protests in the 1960s gained momentum from their ability to spread across the country, he noted. This, he said, may not happen this time. “The ways they can isolate protests and prevent it from [becoming] a contagion are formidable,” he said.

“My greatest fear is that the Obama administration will achieve relatively little in terms of structural change,” he added. “They may at best keep the system going. But there is a growing pessimism. Every day we hear how much longer the recession will continue. They are already talking about beyond next year. The economic difficulties are more profound than we had guessed and because of globalization more difficult to deal with. I wish the political establishment, the parties and leadership, would become more aware of the depths of the problem. They can’t keep throwing money at this. They have to begin structural changes that involve a very different approach from a market economy. I don’t think this will happen.”

“I keep asking why and how and when this country became so conservative,” he went on. “This country once prided itself on its experimentation and flexibility. It has become rigid. It is probably the most conservative of all the advanced countries.”

The American left, he said, has crumbled. It sold out to a bankrupt Democratic Party, abandoned the working class and has no ability to organize. Unions are a spent force. The universities are mills for corporate employees. The press churns out info-entertainment or fatuous pundits. The left, he said, no longer has the capacity to be a counterweight to the corporate state. He said that if an extreme right gains momentum there will probably be very little organized resistance.

“The left is amorphous,” he said. “I despair over the left. Left parties may be small in number in Europe but they are a coherent organization that keeps going. Here, except for Nader’s efforts, we don’t have that. We have a few voices here, a magazine there, and that’s about it. It goes nowhere.”

See:

Letter to Editor: Chris Hedges omits key truths in ‘It’s Not Going to Be OK’

The War that will break Obama’s spell, by Rocket Kirchner

Obama’s New Bank Giveaway, by Michael Hudson

Nests In Hell, by Rand Clifford

The Age Of Liberal Fascism, by Rocket Kirchner

Ralph Nader Posts & Videos

The Economy Sucks and or Collapse 2

LET THE REVOLUTION BEGIN!

Thanks for all you do!
Live your values. Love your country.
And, remember: TOGETHER, We can make a DIFFERENCE!

FAIR USE NOTICE: This blog may contain copyrighted material. Such material is made available for educational purposes, to advance understanding of human rights, democracy, scientific, moral, ethical, and social justice issues, etc. This constitutes a ‘fair use’ of any such copyrighted material as provided for in Title 17 U.S.C. section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. If you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission from the copyright owner.