Tag: military spending

On July 14th, Green Change announced the campaign for a Green New Deal, a 10-point program to create economic prosperity together with ecological sustainability.

Since then over 100 candidates for elected office at all levels have joined the Green New Deal Coalition.

The Green New Deal Coalition will cut military spending, create millions of green jobs, and revive the economy by protecting the planet we depend on.

Green Change is inviting all candidates, individuals and organizations that support a prosperous, sustainable future for America to endorse the Green New Deal.

Read the call for a Green New Deal and sign on today.

To date, 11 candidates for governor, 11 candidates for US Senate, and 33 candidates for US House of Representatives have joined the Green New Deal Coalition.

All agree on the need to cut military spending, fund green public works, ban corporate personhood, pass single-payer health care, restore progressive taxation, ban usury, enact a revenue-neutral carbon tax, legalize marijuana, institute tuition-free public higher education, change trade agreements to improve labor, environmental and safety standards, and pass sweeping electoral, campaign finance and anti-corruption reforms.

These candidates represent a clean break with the failed policies of the past that have led America down the road to economic and ecological disaster.

The Green New Deal promises a brighter tomorrow for America – one that combines the New Deal’s promise of freedom from economic hardship with decisive action to protect our planet.

You can help build the movement for real change by endorsing the Green New Deal today and asking candidates for elected office to join you.

In response to our nation's vast economic and ecological problems, Green Change has launched a campaign for a Green New Deal.

The Green New Deal is an ambitious program to create economic prosperity together with ecological sustainability.

We are building a coalition of candidates, individuals and organizations to support the Green New Deal – starting today.

Join the Green New Deal Coalition now.

Here are the ten policies you endorse by joining the Green New Deal Coalition:

1) Cut military spending at least 70%;

2) Create millions of green union jobs through massive public investment in renewable energy, mass transit and conservation;

3) Set ambitious, science-based greenhouse gas emission reduction targets, and enact a revenue-neutral carbon tax to meet them;

4) Establish single-payer “Medicare for all” health care;

5) Provide tuition-free public higher education;

6) Change trade agreements to improve labor, environmental, consumer, health and safety standards;

7) End counterproductive prohibition policies and legalize marijuana;

8) Enact tough limits on credit interest and lending rates, progressive tax reform and strict financial regulation;

9) Amend the U.S. Constitution to abolish corporate personhood; and

10) Pass sweeping electoral, campaign finance and anti-corruption reforms.

Will you help us turn these ideas into reality?

Sign up for the Green New Deal Coalition now.

The first step is to agree on these ten priorities. The next step is to push for specific policies to make them happen.

We need your help. Share your ideas about a Green New Deal on the Green Change network.

“This is an impressive crowd: the Have’s and Have-more’s. Some people call you the elites. I call you my base.”

George W. Bush

“It is not the creation of wealth that is wrong, but the love of money for its own sake.”

Margaret Thatcher

“Being rich is having money; being wealthy is having time.”

Margaret Bonnano

lest we forget …

This writer would be the first to agree that the bill passed yesterday represented a huge wet kiss, planted firmly on the (well, you designate the body part) of large health insurers, Big PhRMA, and corporate health care providers. Despite including almost everything in this bill that Republicans had recommended in times past, not a single Republican voted in its favor.  

I’ve been a fan of Chris Hedges ever since I first noticed him.  The guy is simply tuned in.

But this recent piece of his can leave you staring at the ceiling, wide awake, when you should be sleeping.  

The American Empire Is Bankrupt

Here’s a small sample:

To fund our permanent war economy, we have been flooding the world with dollars. The foreign recipients turn the dollars over to their central banks for local currency. The central banks then have a problem. If a central bank does not spend the money in the United States then the exchange rate against the dollar will go up. This will penalize exporters. This has allowed America to print money without restraint to buy imports and foreign companies, fund our military expansion and ensure that foreign nations like China continue to buy our treasury bonds. This cycle appears now to be over. Once the dollar cannot flood central banks and no one buys our treasury bonds, our empire collapses. The profligate spending on the military, some $1 trillion when everything is counted, will be unsustainable.

“We will have to finance our own military spending,” Hudson warned, “and the only way to do this will be to sharply cut back wage rates. The class war is back in business. Wall Street understands that. This is why it had Bush and Obama give it $10 trillion in a huge rip-off so it can have enough money to survive.”

The desperate effort to borrow our way out of financial collapse has promoted a level of state intervention unseen since World War II. It has also led us into uncharted territory.

“We have in effect had to declare war to get us out of the hole created by our economic system,” Lanchester wrote in the London Review of Books. “There is no model or precedent for this, and no way to argue that it’s all right really, because under such-and-such a model of capitalism … there is no such model. It isn’t supposed to work like this, and there is no road-map for what’s happened.”

The cost of daily living, from buying food to getting medical care, will become difficult for all but a few as the dollar plunges. States and cities will see their pension funds drained and finally shut down. The government will be forced to sell off infrastructure, including roads and transport, to private corporations. We will be increasingly charged by privatized utilities-think Enron-for what was once regulated and subsidized. Commercial and private real estate will be worth less than half its current value. The negative equity that already plagues 25 percent of American homes will expand to include nearly all property owners. It will be difficult to borrow and impossible to sell real estate unless we accept massive losses. There will be block after block of empty stores and boarded-up houses. Foreclosures will be epidemic. There will be long lines at soup kitchens and many, many homeless. Our corporate-controlled media, already banal and trivial, will work overtime to anesthetize us with useless gossip, spectacles, sex, gratuitous violence, fear and tawdry junk politics. America will be composed of a large dispossessed underclass and a tiny empowered oligarchy that will run a ruthless and brutal system of neo-feudalism from secure compounds. Those who resist will be silenced, many by force. We will pay a terrible price, and we will pay this price soon, for the gross malfeasance of our power elite.

The question above is asked on the site of the Commission on Wartime Contracting as to their recently released report.

Remember the meme at the beginning of the War Drum Beating and the easy certain Corporate “No Bid Contracts” in support of the Wars and Occupations: “They’re the only ones in the World who can do the organizing and work needed in support of our Military and the Coalition of Willing!”

Never mind they were connected by the hips to those beating the drums, never mind they were only paper pushers tens of thousands of miles away and sub-contracting out all the work, never mind the many issues of lost billions, shoddy work, bonuses, waste and corruption that almost instantly started coming to light and even with that they were given more, not even handshakes, just here ya go Pallets with Shrink wrapped Blocks of Cash, Millions and Billions, freshly printed and minted!!

(Cross-posted from Daily Kos)

Our economic situation has been all over the news. Banks are failing, credit is contracting, the auto industry is crying for a bailout. Clearly, the U.S. economy has gotten derailed, and we’re now faced with the unenviable task of getting it back on track. The trouble is, we don’t know which track is the right track.

Or do we?

Suppose there exists a valid interpretation of economic forces and outcomes, one that explains our current situation, yet one that no one will acknowledge, even to knock down.

About 12 years ago I picked up Cities and the Wealth of Nations: Principles of Economic Life by Jane Jacobs (better known as the author of The Death and Life of Great American Cities) at a used bookstore in upstate New York. Jacobs wrote this book in 1983, in response the emergence of stagflation. As an informed and educated layperson, she examined economic history with a critical eye and an urbanist’s heart, looking for the laws that explained what was going on — which the economic theories of the time did not.  

And so it begins:

(Bloomberg)– The U.S. Army won’t be able to pay soldiers beyond June 15 unless Congress approves $108 billion more for the wars in Iraq and Afghanistan or authorizes a funds transfer, a Defense Department official said.

If the supplemental spending legislation isn’t enacted by then, the Pentagon will be forced to seek congressional authority to use money designated for other services to fund the Army payroll, department spokesman Geoff Morrell said.

Pentagon budget officials briefed congressional staffers about the funding crunch earlier today, and Defense Secretary Robert Gates addressed the issue in a letter to lawmakers yesterday, Morrell said at a Pentagon briefing.

If those Democrats in Congress don’t knuckle under move quickly, we’ll just have to quit paying the troops.