Tag Archives: Fascism

Treasury: $238b financial bailout ‘avoided catastrophe,’ only $3b outstanding

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“The US Treasury said Wednesday the government’s massive response to the economic crisis five years ago paid off, avoiding a catastrophic breakdown of the financial system. In a report marking the anniversary of the bankruptcy of investment bank Lehman Brothers — which snowballed into the worst crisis since the 1930s — the Treasury defended deploying hundreds of billions of taxpayer dollars to save other banks, major financial institutions and auto companies.  While the rescue effort required piling up government debt, it was necessary, said Treasury officials who briefed reporters.”

http://www.rawstory.com/rs/2013/09/11/massive-238-billion-financial-bailout-5-years-ago-avoided-catastrophe-but-only-3-billion-has-been-paid-back-treasury/

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Koch Has No Power to Coerce Anybody; That’s Why He Needs Government

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“So the actual pattern we see is the Koch brothers and their pet think tanks actively encouraging a near-totalitarian level of state intervention to suppress all the mechanisms of civil society — investigative journalism by a free and independent press, a vigorous system of civil liability, etc. — that would help keep business honest and hold it accountable.  The corporate Pharisees of our day strain at a gnat using ‘free market’ rhetoric to attack welfare for the poor, but swallow a camel when it comes to welfare for corporations. They claim to favor ‘economic freedom’ and ‘free trade,’ while putting the entire world under the totalitarian lockdown of draconian ‘intellectual property’ law.”

http://c4ss.org/content/18024

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The Best U.S. Metros for Recent College Grads Looking for Work

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“Across the nation’s 50 largest metro areas, there were 15.8 million jobs in these fast-growing, highly educated fields as of 2013. New York leads with more than 66,000 openings, roughly ten percent of the total. L.A. is second with 39,508. That makes sense: N.Y. and L.A. are America’s two largest metros. Together, they in fact account for nearly 3 million of these positions, nearly one in five of these estimated fast-growing, highly-educated jobs across the nation. Once we look beyond these two largest metros, the pattern diverges a bit from the size of a metro’s population. Greater Washington, D.C., has the third largest number of estimated openings, 39,259.”

http://www.theatlanticcities.com/jobs-and-economy/2013/09/best-metros-recent-college-grads-looking-work/6676/

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Carlyle Group Covers All Bases With a Bet on a Kennedy

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“Carlyle-founder David Rubinstein has the Bush angle covered. Not only did Rubenstein show up at the White House for a 60th wedding anniversary party for George H.W. and Barbara Bush, but he gave the toast!  Hillary Clinton is set to be the featured attraction at Carlyle Group’s investor conference that starts today in Washington D.C. NyPo reports: ‘[Carlyle managing director] Oliver Sarkozy, the boyfriend of Mary-Kate Olsen and half- brother of former French president Nicolas Sarkozy, is getting in bed with another political dynasty. He is hosting a reception in support of Massachusetts congressman Joseph P. Kennedy on Oct. 7 in Manhattan.'”

http://www.economicpolicyjournal.com/2013/09/carlyle-group-places-bet-on-kennedy.html

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The hustlers and parasites who make up Washington’s establishment

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“Washington has always had a permanent establishment of politicians, lobbyists and journalists. But this class has exploded in size in recent decades, and has become more introspective and self-serving. The news media have produced a hydra of talking heads who are forever yelling at each other (debate) or pontificating about who is up and who is down (analysis). The lobbying industry has spent billions greasing the revolving door: in 2009 alone, special interests spent $3.47 billion lobbying the federal government. In 1974 3% of retiring policymakers became lobbyists. Now 50% of senators and 42% of congressmen do.”

http://www.economist.com/news/books-and-arts/21583978-hustlers-and-parasites-who-make-up-washingtons-political-establishment-something

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The Resident: Why Gov’t Consolidates Media

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The Resident: Why Gov’t Consolidates Media

“The Telecommunications Act of 1996 was supposed to the broadcast market to competition, saving the American public from monopolies. In reality, the Act opened the door for massive deregulation and media conglomeration. It accomplished this by way of the FCC not enforcing the rules it set forth. Today, we see companies like Sinclair Broadcasting gobbling up huge broadcast market shares. And the FCC continues to try to allow for even more conglomeration. We have an oligopoly in the American media, and it’s poised to get even worse. The Resident (aka Lori Harfenist) discusses.”

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In Terrorism Fight, Government Finds a Surprising Ally: FedEx [2005]

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“FedEx has opened the international portion of its databases, including credit-card details, to government officials. It has created a police force recognized by the state of Tennessee that works alongside the Federal Bureau of Investigation. [..] Moreover, the company is setting up a system designed to send reports of suspicious activities directly to the Department of Homeland Security via a special computer link.  At rival United Parcel Service Inc., spokesman David Bolger says the company won’t disclose information about its customers’ shipments unless required to do so by law or regulation. FedEx also has a seat on a regional terrorism task force which has access to sensitive data.”

http://online.wsj.com/article/0,,SB111707300196643763,00.html

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California poised to implement first electronic license plates

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“The idea is that rather than have a static piece of printed metal adorned with stickers to display proper registration, the plate would be a screen that could wirelessly (likely over a mobile data network) receive updates from a central server to display that same information. In an example shown by a South Carolina vendor, messages such as ‘STOLEN,’ ‘EXPIRED,’ or something similar could also be displayed on a license plate.  A South Carolina company, Compliance Innovations, did not immediately respond to Ars’ request for comment.  Smart Plate Mobile’s founder, Michael Jordan, declined to speak to Ars.”

http://arstechnica.com/tech-policy/2013/09/california-poised-to-implement-nations-first-electronic-license-plate-program/

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Let us count the ways: How the feds (legally, technically) get our data

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“It’s worth considering the various vectors of technical and legal data-gathering that high-level adversaries in America and Britain (and likely other countries, at least in the ‘Five Eyes‘ group of anglophone allies) are likely using in parallel to go after a given target. So far, the possibilities include:  A company volunteers to help (and gets paid for it). Spies copy the traffic directly off the fiber.  A company complies under legal duress.  Spies infiltrate a company. Spies coerce upstream companies to weaken crypto in their products/install backdoors.  Spies brute force the crypto.  Spies compromise a digital certificate.  Spies hack a target computer directly, stealing keys and/or data, sabotage.”

http://arstechnica.com/tech-policy/2013/09/let-us-count-the-ways-how-the-feds-legally-technically-get-our-data/

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Got Dough? How Billionaires Rule Our Schools [2011]

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“The cost of K–12 public schooling in the United States comes to well over $500 billion per year. So, how much influence could anyone in the private sector exert by controlling just a few billion dollars of that immense sum? Decisive influence, it turns out: to define the national debate on education; sustain a crusade for a set of mostly ill-conceived reforms; and determine public policy at the local, state, and national levels. In the domain of venture philanthropy—where donors decide what social transformation they want to engineer and then design and fund projects to implement their vision—investing in education yields great bang for the buck.”

http://www.dissentmagazine.org/article/got-dough-how-billionaires-rule-our-schools

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