Economic Royalists:

President Franklin D. Roosevelt, in his speech accepting the Democratic nomination for a second term, delivered at Philadelphia on 27 June 1936, said, “The economic royalists complain that we seek to overthrow the institutions of America. What they really complain of is that we seek to take away their power. Our allegiance to American institutions requires the overthrow of this kind of power.”

(emphasis added)

http://www.answers.com/topic/e…

How about a “Case Study” using a recent history of their HandiWork … and their apparent Victory — AGAIN!

H.R. 1068, the Let Wall Street Pay for Wall Street’s Bailout Act.

Wall Street Transaction Tax Proposed by Democrats

Ryan J. Donmoyer

Dec. 3, 2009 (Bloomberg) — A group of congressional Democrats proposed taxing large transactions in stocks and derivatives, an idea that has received a cool reception from the Obama administration. […]

.25 Percent for Stocks

The measure would be based on legislation DeFazio proposed in the House that would apply a tax of 0.25 percent or 25 basis points to stock transactions in excess of $100,000, and a levy of 0.02 percent or 2 basis points on derivatives including futures, options, swaps and credit default swaps.

Harkin and DeFazio said the proposed new levy is backed by more than 200 economists, the AFL-CIO labor union federation and business leaders including Warren Buffett and Vanguard Group Inc. founder John C. Bogle, now president of Bogle Financial Markets Research.

http://www.bloomberg.com/apps/…

Franklin D. Roosevelt’s “The Economic Bill of Rights”

In our day these economic truths have become accepted as self-evident. We have accepted, so to speak, a second Bill of Rights under which a new basis of security and prosperity can be established for all-regardless of station, race, or creed.

Among these are:

Finally a Representative body, that knows WHO they work for …

Class war breaks out in the U.K.

The Labor government announces a tax on exorbitantly-paid bankers. American populists gnash their teeth in envy

By Andrew Leonard, Dec 9, 2009

Unsurprising headline of the year: “U.S. Probably Will Avoid Matching U.K. 50 percent Bonus Tax.”

Alistair Darling, the U.K. Chancellor of the Exchequer, announced the tax — aimed squarely at overpaid bankers

[…]

From Bloomberg:

“There are some banks who still believe their priority is to pay substantial bonuses,” Darling said in Parliament. “I am giving them a choice. They can use their profits to build up their capital base. If they insist on paying substantial rewards, I am determined to claw money back for the taxpayer.”

Paul Krugman says the move is “entirely reasonable.” Justin Fox asks, “why the heck not?” Felix Salmon says “well done.”

But don’t expect a repeat across the pond.

http://www.salon.com/technolog…

Interesting … maybe the People CAN Fight back?

Chalk One up for Science, as if Science, were subject to Popular Vote …

(If that were true, guess who would of won in 2000?)

NBC’s Andrea Mitchell interviews Al Gore



http://www.msnbc.msn.com/id/21…

MITCHELL: Palin calls it “junk science.” She says, “The agenda-driven policies being pushed in Copenhagen won’t change the weather, but they would change our economy for the worst.”

What’s your response to that?

from the ConsumerWatchdog.org

(Click for Larger Image)

What the loss of the Public Option really Means …

Good bye competitive choice …

HELLOOOO … More of the Same!

This 40% breakthrough … has finally become available for your home (maybe?) and office use …

Solar cell breaks efficiency record

Michael Kanellos, CNET News — December 6, 2006

Boeing-Spectrolab has developed a solar cell that can convert almost 41 percent of the sunlight that strikes it into electricity, the latest step in trying to drop the cost of solar power.

Potentially, the solar cell could bring the cost of solar power down to around $3 a watt, after installation costs and other expenses are factored in, over the life of the panel.

[…]

Current silicon solar cells provide electricity at about $8 a watt, before government rebates. The goal is to bring it to $1 a watt without rebates or incentives.

http://news.cnet.com/Solar-cel…

Here is the Final Product from Spectrolab for your Home use. from this week’s news.

Apparently many workers in China would — for how much longer though is not entirely clear.  You see the Chinese, want to make more, improve the Standard of Living for their families — just like Americans and Europeans do.

http://iws.punahou.edu/user/JS…

8-12% Raises in Minimum Wages across China, in 2005!?

Apparently, Workers around the World, AREN’T Working just for the Fun of it!

This new trend toward leveling the the Global playing field, doesn’t bode well for the Wal-Marts of the world, who rely on such “captured cheap labor markets” —

to remain quiet, dutiful, and

happy with a pittance.

Afterall Billions of Dollars (and Euros) are at stake — those Foreign Workers must not upset that Apple cart.

They should just be happy they have a Job!

Shouldn’t they?

Elusive Goal of Greening U.S. Energy

By STEVEN GREENHOUSE, Dec 2, 2009

The Great Green Hope for lifting America’s economy is not looking so robust.

[…]

Growth in clean energy industries and in green jobs has been considerably slower and bumpier than anticipated, industry experts say.

[…]

Last week, the Gamesa wind turbine plant in western Pennsylvania announced it was laying off nearly half its 280 workers. Last month, General Electric said it would close a solar panel factory in Delaware

[…]

There are myriad reasons why green jobs have grown more slowly than hoped. The clean energy component of the $787 billion stimulus package has only recently started to kick in. Energy experts say that banks, which have been reluctant to lend generally, have been especially loath to lend for alternative energy projects.

And renewable-energy companies are hesitating to invest in new plants and equipment before Congress enacts new environmental mandates, like cap and trade, to limit carbon emissions.

[…]

There’s nothing like having a good job.

So WHY is Corporate America so keen on giving those good jobs to someone other than Americans?

The Geography Of A Recession 2007-2009

http://www.youtube.com/watch?v…

Of course, the answer to that WHY — is to increase their bottom lines, whatever it may cost their country in the long run.

It’s just Business, right?

The girl who silenced the world for 5 minutes



http://www.youtube.com/watch?v…

transcript

Severn Suzuki representing ECO, the Environmental Children’s Organization

addresses the UN regard the environmental issues of great concern, to her generation.

The people who will inherit the global decisions made at Copenhagen, this week …

Since I record Dylan Ratigan, for viewing on the week ends, I managed to catch this shocker of an Interview with Howard Dean, a few days ago.

I’m surprised not to have seen it covered much, so here goes …

Full MSNBC Interview

Howard Dean:

“The problem is with this legislation, if one person holds up this Bill, and it passes as a ‘hodge podge of nonsense’, which is what the 4 more conservative Democrats want — basically ‘A Insurance Company Bill’ is what they want — this is a huge problem for the Obama Administration, it is a huge problem for the Democrats in 2010.”

BTW Howard Dean knows a thing or two about winning Elections, nationwide, so Dems would be wise to listen to and think about his blunt warnings.