Jamess

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Date registered: May 19, 2009
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Latest posts

  1. GOP to fight New EPA Regs, despite the EPA Science Evidence — January 2, 2011
  2. GOP to fight New EPA Regs, despite the EPA Science Evidence — January 2, 2011
  3. Top Down solutions, and other such myths — December 3, 2010
  4. Short Attention Span Theater and the decline of Journalism — November 25, 2010
  5. What’s the Cost of NOT Extending those Jobless Benefits? — November 21, 2010

Most commented posts

  1. When will Humanity make that Leap? — 60 comments
  2. The Creative Math of BP’s 20, no 40%, Containment — 56 comments
  3. President Obama puts Wall Street Whiners in their Place — 55 comments
  4. If Republicans got their Way … — 54 comments
  5. Imagine it’s the year 2020 — 45 comments

Author's posts listings

GOP to fight New EPA Regs, despite the EPA Science Evidence

GOP Vows to Fight White House Global Warming Policy

Jon E. Dougherty — Dec 29, 2010

Republicans have vowed to oppose Obama administration plans to pursue the White House’s global warming agenda through new rules and regulations issued by existing federal agencies.

On Jan. 2 new stricter carbon emissions standards will be introduced as the Environmental Protection Agency prepares new rules that would require companies to get permits to release so-called greenhouse gasses under the Clean Air Act.

The EPA, in an announcement last week, said it would move forward to adopt new standards for fossil fuel power plants and petroleum refineries, two of the largest industrial sources that the agency claims represent nearly 40% of the greenhouse gas pollution in the United States.

Critics of the new rules also say they will drive up the operating costs for those same industries, choking off any new job creation and doing more harm an economy that is still in recovery mode.

They are job killers,” environmental scientist Ken Green of the American Enterprise Institute said, in comments reported by Fox News.

GOP to fight New EPA Regs, despite the EPA Science Evidence

GOP Vows to Fight White House Global Warming Policy

Jon E. Dougherty — Dec 29, 2010

Republicans have vowed to oppose Obama administration plans to pursue the White House’s global warming agenda through new rules and regulations issued by existing federal agencies.

On Jan. 2 new stricter carbon emissions standards will be introduced as the Environmental Protection Agency prepares new rules that would require companies to get permits to release so-called greenhouse gasses under the Clean Air Act.

The EPA, in an announcement last week, said it would move forward to adopt new standards for fossil fuel power plants and petroleum refineries, two of the largest industrial sources that the agency claims represent nearly 40% of the greenhouse gas pollution in the United States.

Critics of the new rules also say they will drive up the operating costs for those same industries, choking off any new job creation and doing more harm an economy that is still in recovery mode.

They are job killers,” environmental scientist Ken Green of the American Enterprise Institute said, in comments reported by Fox News.

Top Down solutions, and other such myths

Imagine you just moved into a New Place to live — and after a week or so you realize that the place is very drafty and cold.  Brrrr!

What do you do?

If you’re of the school of thought that “Top Down” Investments are the Laissez faire way to fix things

— you do nothing except crank up the Thermostat and starting paying the higher Utility Bills  (ie. just keep throwing more money at it.)

If you’re of the school of thought that “Bottom Up” Investments are the best way to “permanently” solve most any problem

— you weather strip your windows, you insulate your attic etc.  (ie. you invest in things that actually address the problem and help it to be minimized, AND its continual costs.)

larger

PS. “Bottom Up” Investments actually Help to put other People to work too … instead of just throwing that Cash —  “Out the the Window” !

Short Attention Span Theater and the decline of Journalism

Thomas Jefferson on Politics & Government

Freedom of the Press

“I am… for freedom of the press, and against all violations of the Constitution to silence by force and not by reason the complaints or criticisms, just or unjust, of our citizens against the conduct of their agents.”

— Thomas Jefferson to Elbridge Gerry, 1799

So Freedom of the Press, protects even the stuff, we disagree with.

You don’t have to like it, what someone says, writes, or legislates … or tactlessly expresses.

But they have a Right to do so none the less, according to our historic icon Thomas Jefferson.  

The pen, should trump, the sword.

Funny how “Money” got all lumped in with Free Speech, though?

Must of been all those Gieco “googley eyes” commercials

What’s the Cost of NOT Extending those Jobless Benefits?

House will take up unemployment benefits extension Thursday

By Vicki Needham, The Hill.com — Nov 17, 2010

The House has put a bill on Thursday’s floor schedule that would extend emergency unemployment benefits for three months, according to the schedule released Wednesday night by House Majority Leader Steny Hoyer (D-Md.).

House Ways and Means Chairman Sander Levin (D-Mich.) and Rep. Jim McDermott (D-Wash.), chairman of the Subcommittee on Income Security and Family Support, introduced the bill today that would extend federal benefits — up to 99 weeks in some states for those who have exhausted their state unemployment insurance — through Feb. 28.

The measure is on the suspension calendar and will require two-thirds vote to pass.

A 3 Months extension, on that precarious lifeline, for Millions.

Just a 2/3 Vote needed.

Good luck, folks, looks like you could be “On your Own” — given the priorities of Congress, lately.

How many Billionaires can dance on a Pinnacle?

The GOP often dangles this dream, before its far too loyal followers:

You too, could one day be a Millionaire, or perhaps even a Billionaire, so don’t ruin it for everyone, by raising Taxes on the Wealthy. Afterall, someday it could be you.  In their America, anything’s possible.

Most everyone, wants to be rich someday.  It’s part of the American Dream — or at least it used to be.  But the way things have been going lately it seems the Dream has been downsized to:

I just hope I can find/keep my Job.

Despite the somber work-a-day reality most people face, far too many still take the Republican dream, at face value.  By following their lead, they hope to strike it rich someday, too.

Perhaps we Dems, should address this rouse, and dare to ask:

What would really happen if we ALL struck it rich?

Because obviously there is only SO much room “at the top” …

Q.E.D.

(1)

The finances of the Social Security program are separated by law from the rest of the federal government.

(2)

The Social Security program levies its own taxes.

(3)

{FICA} Tax income is deposited on a daily basis and is invested in “special-issue” securities. The cash exchanged for the securities goes into the General Fund of the Treasury and is indistinguishable from other cash in the General Fund.

(4)

The government pays interest to the Trust Funds. The government owes the money which the {Social Security} Trust Funds have loaned to it and will have to repay it as the securities come due.

(5)

Special {Security} issues can be redeemed at any time at face value {from the General Fund}.

(6)

The GDP increase per dollar of budgetary cost is in the range of 1.6, 1.7 for things like food stamps and unemployment benefits, and in the range of .35 for extending the Bush tax cuts.

IOW:

  Expect a $1.70 return for every Bottom Up $1.00 invested,

  and ONLY a $0.35 return for every Top Down $1.00 invested.

For millions of Americans, every day gets a little harder

“For millions of older Americans, every day gets a little harder.

Even though the costs of medication, transportation, and utilities are rising, we have already denied seniors a modest Cost of Living Adjustment to their Social Security payments for two years.

The war in Afghanistan costs the taxpayers $190 million PER DAY.

We will continue to spend $1.3 billion every week on war in Afghanistan for the indefinite future while we force our seniors to make tough choices between their medications and their food; their rent and their heat; their phone and gas for their car.”

[…]

Behold the Grand Misdirection — Lockbox vs the Loan-Sharks

The Austerity Rhetoric is ramping up.

The National Debt is the Issue of the Day.

How in the world are we going to pay for it — especially for all those Baby-Boomers with the audacity to dare to Retire, after working all our lives;

After paying all our lives into the Social Security Trust Fund, as our Govt required us to do.

HOW Dare We — actually expect the Govt to Pay the Benefits that we were promised?  Oh the Nerve!

Here’s the sleight of hand Hoodwink that the GOP Loan-Sharks are preparing to pull off — pay attention, because it’s a classic trick of misdirection — and it goes by fast:

It is the Federal Government that has the Legal Obligation

to payback the Social Security Trust Fund

NOT the other way around !

It is the Federal Govt that raided OUR Retirement “Cookie Jar” —

and it is the Federal Govt that needs to replace them.

What’s left of OUR “Cookies” should be permanently off the Table.

In other words, All cuts to SS Benefits should be OFF the Table.

The “Creative Destruction” of American Lives

Much as been said and written about “Creative Destruction” lately — including this good Ad by Russ Feingold, which focuses on the fallout of this Economic policy stance, held by his GOP-Tea Party opponent Ron Johnson:



http://www.youtube.com/watch?v…

Well, in a free-market capitalist system, there are always winners and losers. It’s creative destruction. That just happens. It’s unfortunate. But let’s face it, if it weren’t for that we’d still have buggy whip companies.

— Senate candidate Ron Johnson (R-Wisc.)

“Winners and Losers”, Nice.  

I suppose with his CEO background Mr Johnson feels qualified to pick them?

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