Posts Tagged ‘keith olbermann’

KOCHTOPUS

October 28, 2010

“Kochtopus” Matt Taibbi Joins Keith Olbermann, Thursday, October 21, 2010 by Countdown w/ Keith Olbermann

VIDEO:  http://www.commondreams.org/video/2010/10/21-0

Koch: Even More Powerful and Well-Connected Than You Thought

Billionaire brothers Charles and David Koch don’t just underwrite a huge right-wing infrastructure of front groups, think tanks and political campaigns, reports Think Progress; they also work with corporate “investors” who oppose health, energy, financial and other reforms. Details on their symbiotic relationship with moneyed interests from Glenn Beck and the Chamber to oil and insurance companies here; more on those connections from CounterPunch here. –Abby Zimet  More…

MEMO: Health Insurance, Banking, Oil Industries Met With Koch, Chamber, Glenn Beck To Plot 2010 Election

In 2006, Koch Industries owner Charles Koch revealed to the Wall Street Journal’s Stephen Moore that he coordinates the funding of the conservative infrastructure of front groups, political campaigns, think tanks, media outlets and other anti-government efforts through a twice annual meeting of wealthy right-wing donors. He also confided to Moore, who is funded through several of Koch’s ventures, that his true goal is to strengthen the “culture of prosperity” by eliminating “90%” of all laws and government regulations. Although it is difficult to quantify the exact amount Koch alone has funneled to right-wing fronts, some studies have pointed toward $50 million he has given alone to anti-environmental groups. Recently, fronts funded by Charles and his brother David have received scrutiny because they have played a pivotal role in the organizing of the anti-Obama Tea Parties and the promotion of virulent far right lawmakers like Sen. Jim DeMint (R-SC). (David Koch praised DeMint and gave him a “Washington Award” shortly after the senator promised to “break” Obama by making health reform his “Waterloo.”)

KOCH TEASERS

Right-wing brothers Charles and David Koch, each worth over $21 billion, don’t just underwrite a huge conservative infrastructure of front groups, think tanks and political campaigns, reports Think Progress; they also strengthen a “culture of prosperity” through meetings with like-minded corporate “investors” who oppose health, energy, financial and other reforms. Details on their symbiotic relationship with big moneyed interests from Glenn Beck and the Chamber of Commerce to oil, health insurance, Wall Street and real estate companies here; more on those connections from CounterPunch here.

KOCH CONNECTIONS

10 Reasons Not to Tax the Rich. And Why They’re All Bad by Paul Buchheit, Wednesday, October 20, 2010 by CommonDreams.org

We hear them all the time, the reasons for unrestricted capitalism, minimal government, lower taxes for the rich. But the facts reveal good reasons NOT to NOT tax the rich.

(1) The rich deserve what they earn because of hard work and initiative.  They use other people’s money to create assets that don’t exist and then bet on them to fail [in] the murky world of derivatives and credit default swaps. Those who make the most money avoid taxes by calling their income “carried interest” instead.  Others not directly involved in financial chicanery still make out well. The stock market has grown 7 times faster than America’s GDP since 1981, and two-thirds of the country’s stocks are owned by the wealthiest 1% of Americans. That’s not enough for some; many backdate their stock options to a time when the price was higher.

(2) It’s not fair to “soak the rich.” It’s been just the opposite for the past 30 years. In 1980 the richest 1% got one out of every fifteen income dollars. Thanks to tax cuts and deregulation, they now get THREE out of every fifteen dollars. Meanwhile, every U.S. taxpayer contributes about $600 a year to pay for the tax cuts that give $34,000 a year to each of the wealthiest 1% of Americans. And now a trillion dollars of public money is bailing out the failing banking system.

(3) “Spreading the wealth” and “redistribution” are other names for socialism. Not socialism, but social responsibility. Taxes support public infrastructure, including research and development for science and technology. Much of the tax burden disproportionately benefits the rich: laws protect private property and capital investment; trade pacts and national defense policies protect wealth. Bill Gates, Sr. explains, “The government…protects their business activities…that’s what creates capital and enables net worth to increase.”

(4) The great wealth of the rich stimulates the economy. Low-income earners have a higher “Marginal Propensity to Consume,” which means that they spend a greater percentage of their overall income on consumption. High-income earners save more; the very rich buy mansions, yachts, jewels, and art. [T]he Congressional Budget Service ranked 11 strategies to create jobs and stimulate the economy. Cutting taxes for the rich was lowest. The top 500 non-financial companies currently hold $2 trillion in cash that could be used to create jobs and stimulate new business.

(5) Large incomes provide incentive for success. Some hedge fund managers ‘earned’ enough money in one year to pay the salaries of every police officer, firefighter, and public school teacher in Chicago. A system that allows one man to divert the salaries of 50,000 public workers to his own pockets has gone well beyond “incentive-based.”

(6) The very rich pay it back through taxes. They pay less than 23% of their incomes in federal income tax. [T]he lowest-earning half of America pays 24% as much as the richest 1%. The top tax rate has gone from 90% in 1960, to 35% in 2008. But much of billionaires’ earnings is subject to only a 15% tax because of a loophole that allows hedge fund income not to be called income. Furthermore, about 500 people a year renounce their U.S. citizenship and repatriate themselves in Belize, the Cayman Islands, or elsewhere to avoid taxes entirely.

(7) The very rich lost massive parts of their fortunes in the recession. They lost no more money, percentage-wise, than average mid-level earners. Wealth data from the Census Bureau and the Federal Reserve show that the richest households have INCREASED their median incomes relative to other earners since 2006.

(8) “Income mobility” shows that the poor can get rich, and vice versa. This argument relies on a 2007 U.S. Treasury Department report that states “Among those with the very highest incomes in 1996 – the top 1/100 of 1 percent – only 25 percent remained in this group in 2005.” But nearly 9 out of 10 of those in the top 1% remained in the top quintile of earners over those ten years. They may have dropped out of the most elite 1% group, but they remained close. The apple doesn’t fall far from the tree.

(9) The rich support worthwhile causes. According to the Chronicle of Philanthropy, the wealthy “give their biggest donations” to colleges, hospitals, and cultural organizations and “rarely make large gifts to social-service groups, grass-roots organizations, or nonprofit groups that focus on the poor or minorities.” Hundreds of millions of dollars are flooding into congressional and state election races. Especially since the Supreme Court ruled against limits on corporate contributions.

(10) Inequality is necessary to sustain a healthy and productive society. This [is] the worst reason of all. Not only is it unnecessary, but dangerous: Numerous studies correlate inequality with shorter life expectancies, increased disease and health problems, and ever higher crime and murder rates. Rates of illness in an unequal society are higher at all levels of income, even for the very wealthy.

Paul Buchheit is a faculty member in the School for New Learning at DePaul University. READ MORE: http://www.commondreams.org/view/2010/10/20-1

Say Goodbye!

davidbfraftr

After a two year loan to the United States, Michelangelo’s David is being returned to Italy.

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HALF-ASSED IS HALF-HEARTED

August 11, 2010
 

Variation on the Meaning of Life

Gibbs Gurns

You Wretched, Irrelevant, Drug-Addled Ingrates,You

A remarkable tantrum from White House press secretary Robert Gibbs, in which he blasts “the Professional Left” for criticizing Obama policies – a.k.a. being a bunch of stoned, unrealistic, un-American losers who want to reform health care, eliminate the Pentagon and elect President Kucinich, not to mention save jobs, curb Wall Street, end two pointless wars, honor habeas corpus and do other “crazy” things. Glenn Greenwald, fuming, responds.

“Perhaps one day the White House can work itself up to express this sort of sputtering rage against the Right, or the Wall Street thieves who destroyed the American economy, or the permanent factions that control Washington.” – Greenwald.

Keith Kicks

KEITH OLBERMANN’S SPECIAL COMMENT: The ‘Professional Right’ Goes Unchallenged by ‘Amateur Left’ in the White House Wednesday, August 11, 2010 by Countdown w/ Keith Olbermann. In a Special Comment, Countdown’s Keith Olbermann explains to White House Press Secretary Robert Gibbs that while his frustration is understandable, it is more appropriately directed at the “professional right” and at the Obama administration itself for throwing out so many principles in an effort to compromise with an unwilling partner. VIDEO: http://www.commondreams.org/video/2010/08/11-0

GEOGRAPHY OF A RECESSION:

See unemployment bloom across the country in this animated, county by county map. Scary. Updated Thursday, July 15, 2010 at 9:15 pm. Click here for YouTube version.

END OF THE INTERNET? Google-Verizon Pact: It Gets Worse by Craig Aaron Tuesday, August 10, 2010 CommonDreams.org

So Google and Verizon went public Monday with their “policy framework” — better known as the pact to end the Internet as we know it.

News of this deal broke this week, sparking a public outcry that’s seen hundreds of thousands of Internet users calling on Google to live up to its “Don’t Be Evil” pledge.

This deal is even worse than advertised.

The proposal is one massive loophole setting the stage for corporate takeover of the Internet.

Real Net Neutrality means that Internet service providers can’t discriminate between different kinds of online content and applications. It guarantees a level playing field for all Web sites and Internet technologies. It’s what makes sure the next Google, out there in a garage somewhere, has just as good a chance as any giant corporate behemoth to find its audience and thrive online.

What Google and Verizon propose is fake Net Neutrality. Read their framework here or go here to see Google twist itself in knots on this “thorny issue,” but here are the basics:

1.  Permits no Net Neutrality on wireless networks — anything goes, from blocking websites and applications to pay-for-priority treatment.

2.  Creates such a weak “non-discrimination” standard for wired networks that blocking of sites would be allowed.

3.  Allows ISPs like Verizon — instead of Internet users like you – to decide which applications deserve the best quality of service. The Internet has never worked that way, and the corporations threaten to close the door on tomorrow’s innovative applications.

4.  Allows ISPs to split the Internet into “two pipes” — one for “managed services,” a pay-for-play platform for content and applications (the proverbial toll road on the information superhighway).  The select are in the fast lane, the rest are on a dirt road.

5. Turns the Federal Communications Commission into a toothless watchdog, left fruitlessly chasing consumer complaints but unable to make rules of its own. Leaves up to unaccountable (and almost surely industry-controlled) third parties to decide what the rules should be.

If there’s a silver lining, it isn’t up to Google and Verizon to write the rules. That’s why we have Congress and the FCC. Certainly by now we should have learned – from AIG, Massey Energy, BP – what happens when big companies regulate themselves and don’t do the right thing. We need the FCC — with the backing of Congress and President Obama — to step up to the hard work of governing. That means restoring the FCC’s authority to protect Internet users and safeguarding real Net Neutrality once and for all.

Such a move will not be popular on Wall Street, but it’s the kind of leadership the American people need right now.

TELL THE FCC WHY WE NEED Net Neutrality, please do it now.

Craig Aaron is the managing director of Free Press, the national, nonpartisan, nonprofit media reform group, where he leads all program, public advocacy and communications work, including the SavetheInternet.com and SaveTheNews.org campaigns.  READ MORE: http://www.commondreams.org/headline/2010/08/10-2

bloodoilkoch

LEGISLATORS FOR SALE!

August 5, 2009
Sly hard sells Louie.

Sly hard sells Louie.

WOW!

Published on Tuesday, August 4, 2009 by Countdown w/ Keith Olbermann

LEGISLATORS FOR SALE by Keith Olbermann – VIDEO:

http://www.commondreams.org/video/2009/08/04

Thank you, Mr. Olbermann.

Thank you, CommonDreams.org

http://www.commondreams.org/

CommonDreams.org is a national nonprofit, progressive, nonpartisan citizens’ organization founded in 1997 by political activists Craig Brown and his late wife, Lina Newhouser.  They are a powerful online voice for change in America.  With millions of monthly readers, they have become one of the top progressive websites.  Check it out.  Here’s a sample of their fare.

LOCALIZED MAYHEM:

Published on Tuesday, August 4, 2009 by The Nation

Blackwater Founder Implicated in Murder by Jeremy Scahill.  A former Blackwater employee and an ex-Marine who worked as a security operative for the company have made a series of explosive allegations in sworn statements filed on August 3 in federal court in Virginia.  “The two men claim that the company’s owner, Erik Prince, may have murdered or facilitated the murder of individuals who were cooperating with federal authorities investigating the company.  the former employee also alleges that Prince ‘views himself as a Christian crusader tasked with eliminating Muslims and the Islamic faith from the globe,” and that Prince’s companies “encouraged and rewarded the destructionof Iraqi life.'”

http://www.commondreams.org/headline/2009/08/04-9

THE GREEN GREEN HILLS ARE BLACK:

Published on Monday, August 3, 2009 by Canada.com

Carbon Credits: ‘Cure Worse Than the Disease’ by Kevin Dougherty.  QuebecCarbon credits – to package and trade offsets to greenhouse gas emissions – won’t work, says McGill University economist Christopher Green, “rejecting the argument of Premier Jean Charest who wants the Montreal Exchange to be the carbon market for all of Canada.”

http://www.commondreams.org/headline/2009/08/03-6

Published on Monday, August 3, 2009 by Inter Press Service

The Biggest Shift from North to South: ‘Time to De-Grow’ – Q&A: Claudia Ciobanu interviews economist Serge Latouche.  BUCHAREST –  He calls for “abandoning the objective of growth for growth’s sake, an insane objective, with disastrous consequences for the environment.”  The need for a de-growth society stems from the certainty that the earth’s resources and natural cycles cannot sustain the economic growth that is the essence of capitalism and modernity.

http://www.commondreams.org/headline/2009/08/03-2

Published on Monday, August 3, 2009 by The Guardian/UK

Will a Warmer World Make Us Sicker? by Roberta Kwok.  Scientists are piecing together how climate impacts disease, strange patterns are emerging: mosquito outbreaks can follow drought, shorter migrations can make butterflies sick, and more birds (not fewer) can ward off West Nile virus.  From Conservation magazine, part of the Guardian Environment Network.  In the late 1990s, a set of alarming maps created a stir in the scientific community. “Based on predictions by a team of Dutch and Australian researchers and initially published in the journal Environmental Health Perspectives, the maps charted how global warming could increase the risk of malaria in seemingly unlikely locales: northern countries such as Poland, the Netherlands, and Russia.”

http://www.commondreams.org/headline/2009/08/03-3

Published on Monday, August 3, 2009 by The Independent/UK

Warning: Oil Supplies Are Running Out Fast by Steve ConnorCatastrophic shortfalls threaten economic recovery, says world’s top energy economist.  “The world is heading for a catastrophic energy crunch that could cripple a global economic recovery because most of the major oil fields in the world have passed their peak production, a leading energy economist has warned.”

http://www.commondreams.org/headline/2009/08/03

Published on Tuesday, August 4, 2009 by The Globe and Mail (Canada)

Modified Corn Seeds Sow Doubts by Martin MittelstaedtNext spring, farmers in Canada will be able to sow one of the most complicated genetically engineered plants ever designed, a futuristic type of corn containing eight foreign genes.  “But a controversy has arisen over the new seeds, which were approved for use last month by the Canadian Food Inspection Agency: Health Canada hasn’t assessed their safety.”

http://www.commondreams.org/headline/2009/08/04-5

Published on Tuesday, August 4, 2009 by The Guardian/UK

Crackdown Against ‘Environmental Criminals’ Follows Greenpeace Report by Damian Carrington and Tom Phillips in Rio de Janeiro.  Shoe Brands Get Tough on Leather Suppliers to Save Amazon Rainforest.  Some of the world’s top footwear brands, including Clarks, Adidas, Nike and Timberland, have demanded an immediate moratorium on destruction of the Amazon rainforest from their leather suppliers in Brazil.

http://www.commondreams.org/headline/2009/08/04-1

Published on Tuesday, August 4, 2009 by The Guardian/UK

Obama’s Green Credentials Tested by Battle Against Mountaintop Mining by Suzanne Goldenberg.  James Hansen and Darryl Hannah among those opposing open-cast coal extraction that destroys mountains and forests.  “Like other opponents of mountaintop removal, [they] had been counting on Obama, with his election promises of a clean energy economy, to shift the power balance away from coal. But those hopes evaporated in May when the EPA signed 42 permits for mountaintop removal while turning down only six — a higher ratio even than during the latter part of the George Bush presidency. Some 170 more permits are pending, according to the Sierra Club.”

http://www.commondreams.org/headline/2009/08/04-2

Koi Pond