Posts Tagged ‘wells fargo’

“Hell of a job, Brownie!”

November 20, 2009

"Hell of a job, Brownie!"

Rising CO2 Will Cause Catastrophic Sea Level Rise Finds Antarctic Study by Louise Gray, Environment CorrespondentThe Telegraph/UK

Sea levels could rise by up to six metres if the world fails to get pollution under control, according to the latest study in the Antarctic.

The British Antarctic Survey is the latest research to warn of the consequences of increased greenhouse gases on the Earth’s climate. Carbon dioxide is rising at record rates putting the world on a pathway for a 6C rise in temperature, which will cause a sea level rise of up six metres, threatening coastal cities like London, New York and San Francisco.

The recent studies add pressure on world leaders to agree to an international deal on climate change at a UN summit in Copenhagen this December.

http://www.commondreams.org/headline/2009/11/18-6

How Limousine Liberals, Water Oligarchs and Even Sean Hannity Are Hijacking Our Water Supply By Yasha Levine, AlterNet.

A group of water oligarchs engineered a disastrous privatization scheme to make a fortune out of California’s most precious natural resource.

A group of water oligarchs in California have engineered a disastrous deregulation and privatization scheme. And they’ve pulled in hundreds of millions of taxpayer dollars without causing much public outrage. The amount of power and control they wield over California’s most precious resource, water, should shock and frighten us — and it would, if more people were aware of it. But here is the scary thing: They are plotting to gain an even larger share of California’s increasingly-scarce, over-tapped water supply, which will surely lead to shortages, higher prices and untold destruction to California’s environment.

California is in year three of a fairly nasty dry spell. And some very powerful forces are not letting this mini-crisis go to waste, fiercely lobbying Governor Schwarzenegger and Senator Dianne Feinstein, paying off corporate shills like Fox News’ Sean Hannity and capitalizing on people’s fear of drought to push a massive waterworks project that will pump more water, build more dams and keep sucking the state’s rivers dry. …This drought hysteria is nothing more than political theatrics, a scare tactic backed by big agribusiness to strong-arm California voters into building a multi-billion dollar system of dams and canals that would not really help small farmers — of which there are very few anyway — but would deliver more water to corporations, subsidize their landholdings, fuel real estate development and enable large-scale water privatization. At its core, it is a war waged for water by California’s megarich on everyone else.  READ MORE:

http://www.alternet.org/water/144020/how_limousine_liberals%2C_water_oligarchs_and_even_sean_hannity_are_hijacking_our_water_supply

Rachel Maddow Interview with Former Evangelist Frank Schaeffer: Christian Right Is ‘Trolling for Assassins’ AlterNet.

Schaeffer: “There is a crazy fringe [receiving] messages that have been pouring out of FOX News … talking about doing away with Obama, asking God to kill him.”  READ MORE:

http://www.alternet.org/rights/144054/rachel_maddow_interview_with_former_evangelist_frank_schaeffer%3A_christian_right_is_%27trolling_for_assassins%27

Shocking Benefits of Legalizing Pot By Ami Cholia, AlterNet.

There are some pluses to legalization that you probably haven’t heard about.

The war on drugs may be a noble intention, but the illegal growing of marijuana is destroying our environment.

Primarily run by Mexican drug cartels California’s illegal growers aren’t your typical peace-loving hippies of the 70s. These men live illegally on farms all summer, putting tons of waste into the soil and water. Pesticides drain into creeks and enter the food chain, sickening wildlife.  Each plant also uses about 15 gallons of water per day soaking up a large part of the water resources around.

Organized crime groups who cash in on the drug war’s distortion of supply and demand dynamics have little regard for the environment. Even illegal growers of organic marijuana impact the environment by felling trees in national forests to make room for illicit grow sites. The plants are seasonal, but the environmental damage lasts forever.

There is a serious exception to be made. Many medical – legal – marijuana growers are among the most responsible citizens around. They buy soil in bulk, use rat traps instead of poison, water with timers and drip systems. They have very little physical impact on the land.

Outside of the obvious benefits of hemp — bio-diesel, burns cleanly, soil builder, better cheaper paper, etc. — organic and sustainable practices for growing marijuana would bring in tons of revenue for the states, clean up the environment, and save the government $150 billion on policing and courts, since 47.5% of all drug arrests are marijuana-related.

We’re not promoting drug addiction.  The positive benefits to the environment by making marijuana legal definitely seem enough to take action.

Even Glenn Beck seems to think this is worth it.  READ MORE:

http://www.alternet.org/environment/144052/world%27s_biggest_polluters_strike_a_deal%3A_u.s._and_china_agree_to_comprehensive_clean_energy_and_climate_plan?page=3

World’s Biggest Polluters Strike a Deal: U.S. and China Agree to Comprehensive Clean Energy and Climate Plan By Joseph Romm, Climate Progress.

The overall plan is much more ambitious in scope and depth than anticipated.

A comprehensive plan for U.S.-China cooperation on clean energy and climate change was announced in Beijing by President Barack Obama and President Hu Jintao. The plan contains directives to create various institutions and programs addressing a wide array of cooperation on clean-energy technologies and capacity building, including very important efforts on helping China build a robust, transparent and accurate inventory of their greenhouse gas emissions.

These efforts include cooperation in the following areas:

1.      Greenhouse Gas Inventory.

2.      Joint Clean Energy Research Center. (Factsheet)

3.      Electric Vehicles. (Factsheet)

4.      Energy Efficiency. Building on the Ten Year Framework on Energy and Environment Cooperation, government officials of both countries will “work together (Factsheet)

5.      Renewable Energy. (Factsheet)

6.      21st Century Coal. The two countries will “launch a program of technical cooperation to …develop clean coal and carbon capture and storage technologies.” (Factsheet)

7.      Shale Gas. The U.S. and China will “assess China’s shale gas potential, promote environmentally-sustainable development of shale gas resources, conduct joint technical studies to accelerate development of shale gas resources in China, and promote shale gas investment in China through the U.S.-China Oil and Gas Industry Forum, study tours, and workshops.” (Factsheet)

8.      Nuclear. The two countries reaffirmed the goals of the Third Executive Committee Meeting of the Global Nuclear Energy Partnership to promote the peaceful use of civilian nuclear energy, and “agreed to consult with one another in order to explore such approaches—including assurance of fuel supply and cradle-to-grave nuclear fuel management so that countries can access peaceful nuclear power while minimizing the risks of proliferation.”

9.      Public-private partnerships on clean energy. A new U.S.-China Energy Cooperation Program (ECP) will “leverage private sector resources for project development work in China across a broad array of clean energy projects, to the benefit of both nations.”

The two countries hope that the upcoming United Nations climate change summit in Copenhagen will follow this example and focus as much on bottom-up technological strategies for achieving real reductions in emissions as it will on top-down targets for carbon caps.  READ MORE:

http://www.alternet.org/environment/144052/world%27s_biggest_polluters_strike_a_deal%3A_u.s._and_china_agree_to_comprehensive_clean_energy_and_climate_plan?page=3

Push to Curb Credit-Card Rates Fades as Democrats resist consumer outcry by Michael KranishThe Boston Globe

WASHINGTON – Efforts in Congress to cap credit-card interest rates are faltering because of opposition from Democrats and a lack of specific support from the White House, despite growing consumer outrage over a rush by banks to impose rates as high as 30 percent.

During the 2008 presidential campaign, Barack Obama vowed to back a strict limit on credit-card interest rates. But the White House is not yet behind any plan.

The Senate soundly defeated legislation in May introduced by Senator Bernard Sanders, the Vermont Independent, to cap most credit-card interest rates at 15 percent. Nearly half of the Democratic senators joined Republicans in defeating the measure, 60 to 33.

Consumer groups say the problem of skyrocketing interest rates has worsened since that vote, as banks scramble to boost rates in advance of a new rule scheduled to take effect in February, requiring banks to give consumers a 45-day advance notice of rate increases.

Sanders said many of the credit cards in the hands of American consumers are issued by four banks that received taxpayer bailout money after last year’s economic meltdown: Citigroup, Bank of America, JP Morgan Chase, and Wells Fargo.

“People are disgusted. We bailed these [companies] out and they then had the gumption to raise interest rates on the American people,” Sanders said in an interview. Sanders said he plans to reintroduce his proposal to cap rates at 15 percent; he predicted it will have more support this time.

http://www.commondreams.org/headline/2009/11/18-7

 

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BANKERS and TEABAGGERS

October 28, 2009

Brotherhood

Thousands March in 3-Day Showdown with Banking Industry By Kari Lydersen, AlterNet.

Tired of bailouts and fat paychecks for those that created the economic catastrophe, marchers made clear demands to tame an out-of-control financial system.

Workers gave pink slips to the country’s top bankers Tuesday morning to culminate three days of protests, billed as the Showdown in Chicago, during the American Bankers’ Association’s annual meeting.

Before a jeering and cheering crowd of 5,000 union members and activists, Armando Robles, president of UE Local 1110 and a leader of the Republic Windows factory occupation last year, attached big, fluorescent pink slips to larger-than-life cutouts of retiring Bank of America CEO Ken Lewis, Wells Fargo CEO John Stumpf and JP Morgan Chase CEO James Dimon.

The three CEOs were probably among the bank officials meeting in the Sheraton behind the stage that featured speeches by AFL-CIO President Richard Trumka, Change to Win Chairwoman Anna Burger, the Rev. Jesse Jackson and workers and community leaders.

After “firing” the bank CEOs, Adam Kader of the workers group Arise Chicago presented a notice that the banks’ $17.8 trillion “loan” in taxpayer-bailout funds is due since, he said, banks have not complied with the conditions placed on the handout by the people.  READ MORE:

http://www.alternet.org/workplace/143547/thousands_march_in_3-day_showdown_with_banking_industry

Tea Party Movement Returns, This Time with Much More Dangerous and Explicit Rhetoric By Frank Schaeffer, AlterNet.

It’s not too hard to guess where talk of ‘Judgement Day’ can lead to in the context of a right-wing, gun-loving movement.

According to the “Tea Party” website, Tea Party Express II: Countdown To Judgment Day” is underway. Here’s how their website describes it:

All throughout the recent Tea Party Express national bus tour we kept receiving calls from people around the nation who lived far away from the route our buses took across America. We vowed at the time to keep the Tea Party Express effort alive — and that’s exactly what we are doing.Join us from October 25th to November 11th, 2009 as we tell Congress and the White House: “Enough!” Let’s stand up and stop the bailouts, cap and trade, out-of-control spending, government-run health care, and higher taxes! We’re back and determined to take our country back!

What will happen on their predicted “Judgment Day”?

If you buy the biblical spin of the Religious Right folks — that make up the bulk of the Tea Party movement — the implication is clear: Jesus will soon return, send all Democrats, gays, blacks, progressives, liberals, college-educated unbelievers, etc., to Hell, while saving what Sarah Palin calls “us” “Real Americans” — in other words unreconstructed frightened and resentful white lower middle class Americans.

(As a former right wing evangelical anti-abortion leader who built a good career from these folks — until I quit in disgust with myself, the anti-American nature of the movement and the takeover the Republican Party by extremists — I know of what I speak.)

If you put the secular/right’s “tree-of-Liberty-must-be-watered-by-the-blood-of-tyrants-Timothy McVeigh spin on the Judgment Day scenario; then there will soon be a hoped for bloody day of reckoning for the occupant of the White House.

http://www.alternet.org/rights/143554/tea_party_movement_returns%2C_this_time_with_much_more_dangerous_and_explicit_rhetoric

The Case for Marijuana Legalization and Regulation By Paul Armentano, AlterNet.

An exclusive look at the historic testimony prepared for a special hearing on legalizing marijuana to the California Assembly.

The following is the testimony NORML Deputy Director Paul Armentano will deliver on Oct. 28 to the California Assembly Public Safety Committee’s special hearing on “the legalization of marijuana: social, fiscal and legal implications for California.” Assemblyman Tom Ammiano, D-San Francisco, sponsor of AB 390, The Marijuana Control, Regulation and Education Act, is the chairman of the committee.

By any objective standard, marijuana prohibition is an abject failure.

Nationwide, U.S. law enforcement have arrested over 20 million American citizens for marijuana offenses since 1965, yet today marijuana is more prevalent than ever before, adolescents have easier access to marijuana than ever before, the drug is more potent than ever before, and there is more violence associated with the illegal marijuana trade than ever before.

Over 100 million Americans nationally have used marijuana despite prohibition, and 1 in 10 — according to current government survey data — use it regularly.

The criminal prohibition of marijuana has not dissuaded anyone from using marijuana or reduced its availability; however, the strict enforcement of this policy has adversely impacted the lives and careers of millions of people who simply elected to use a substance to relax that is objectively safer than alcohol.

NORML believes that the state of California ought to amend criminal prohibition and replace it with a system of legalization, taxation, regulation and education.

The case for legalization and regulation

Only through state government regulation will we be able to bring necessary controls to the commercial marijuana market. READ MORE:

http://www.alternet.org/drugreporter/143558/the_case_for_marijuana_legalization_and_regulation

30 Reasons Fox News Is Not Legit By Eric Boehlert, Media Matters for America.

Fox News routinely, and blatantly, breaks the code to which ethical journalists are supposed to aspire. READ MORE:

http://www.alternet.org/media/143541/30_reasons_fox_news_is_not_legit

Why Won’t Obama Send Condolence Letters to the Parents of Soldiers Who Have Committed Suicide? By Amy Goodman, Democracy Now!.

The bereaved parents of Chancellor Keesling, a US soldier who took his own life in Iraq, wonder why the death of their son is treated differently than other mortalities.  READ MORE:

http://www.alternet.org/world/143557/why_won%27t_obama_send_condolence_letters_to_the_parents_of_soldiers_who_have_committed_suicide

Apocalypse Soon: Halloween Interview on Overpopulation with Kierán Suckling

Scared of ghosts, goblins, and jack-o-lanterns? None of those are on the Santa Fe Reporter‘s list of the top five environmental horrors. But human overpopulation is. “Apocalypse Soon: Today’s Environmental Horrors Could Lead to a Scary Sci-Fi Future” interviews Center for Biological Diversity director Kierán Suckling. Click below to read the whole article. Here are few excerpts:

“Virtually everything that is destroying wildlife habitat and the environment is driven by overpopulation,” Kierán Suckling, executive director of the nonprofit Center for Biological Diversity, says.

“Whether it’s too many people diverting water out of the Rio Grande or too much wood use leading to the logging of old-growth forests, the bottom line is there are too many people using too many resources to be able to have a healthy environment.”

“It’s great to focus on reducing our carbon footprint, but…unless we start reducing the footprints to begin with, we and other species are not going to survive on this planet.”

“The majority of environmental groups avoid addressing overpopulation like the plague. I think that’s largely because they lack the courage of their convictions. They are fearful that in saying that [we are overpopulated] they will be viewed as being anti-human somehow–as if squalor and overpopulation are somehow pro-human.”

Read the Santa Fe Reporter interview and learn what the Center’s doing to confront the overpopulation crisis head-on.

 Wamm2