The Guardian/UK - United States as a Global Power: New World Disorder


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Forging his way through the predictable UK media censorship: Dr Andrew Wakefield Responds to Measles Outbreak in Swansea
Senior National Affairs Reporter
If you know anything about Ron Paul's economic views, it's probably that he's not a big fan of the Federal Reserve system, or that he loves the gold standard. But those are hardly the only noteworthy planks in his platform. The Republican congressman from Texas, who now looks to have a real chance of winning the Iowa caucuses in less than two weeks, also wants to abolish five Cabinet departments, drastically lower corporate taxes, and allow younger workers to opt out of the Social Security system.
Here are they key components of Paul's economic plan, "Restore America," released in October:
Spending: Paul proposes cutting $1 trillion from the federal budget during his first year in office, and balancing the budget by his third year. He would do this in part by eliminating five cabinet departments: Energy; Housing and Urban Development; Commerce; Interior; and Education. (Paul has not offered specifics on what would happen to some of the functions currently performed by the departments he wants to abolish--maintaining our nuclear weapons, administering our intellectual property system, and conducting the Census, for instance.)
He would also scrap the Transportation Security Administration, which is part of the Department of Homeland Security, eliminate corporate subsidies, end foreign aid, and return most other federal spending to 2006 levels.
Paul says he would cut the federal workforce by 10 percent, and accept a presidential salary of $39,336- roughly equal to what the average American makes. The president currently makes $400,000.
http://robertreich.org/post/14535718993
Two weeks before the Iowa caucuses, the Republican crackup threatens the future of the Grand Old Party more profoundly than at any time since the GOP’s eclipse in 1932. That’s bad for America.
The crackup isn’t just Romney the smooth versus Gingrich the bomb-thrower.
Not just House Republicans who just scotched the deal to continue payroll tax relief and extended unemployment insurance benefits beyond the end of the year, versus Senate Republicans who voted overwhelmingly for it.
Not just Speaker John Boehner, who keeps making agreements he can’t keep, versus Majority Leader Eric Cantor, who keeps making trouble he can’t control.
And not just venerable Republican senators like Indiana’s Richard Lugar, a giant of foreign policy for more than three decades, versus primary challenger state treasurer Richard Mourdock, who apparently misplaced and then rediscovered $320 million in state tax revenues.
Some describe the underlying conflict as Tea Partiers versus the Republican establishment. But this just begs the question of who the Tea Partiers really are and where they came from.
Published on Tuesday, December 20, 2011 by the Guardian/UK
Freedom: who could object? Yet this word is now used to justify a thousand forms of exploitation. Throughout the right-wing press and blogosphere, among thinktanks and governments, the word excuses every assault on the lives of the poor, every form of inequality and intrusion to which the 1% subject us. How did libertarianism, once a noble impulse, become synonymous with injustice?
In the name of freedom – freedom from regulation – the banks were permitted to wreck the economy. In the name of freedom, taxes for the super-rich are cut. In the name of freedom, companies lobby to drop the minimum wage and raise working hours. In the same cause, US insurers lobby Congress to thwart effective public healthcare; the government rips up our planning laws; big business trashes the biosphere. This is the freedom of the powerful to exploit the weak, the rich to exploit the poor.
Right-wing libertarianism recognizes few legitimate constraints on the power to act, regardless of the impact on the lives of others. In the UK it is forcefully promoted by groups like theTaxPayers' Alliance, the Adam Smith Institute, the Institute of Economic Affairs, and Policy Exchange. Their concept of freedom looks to me like nothing but a justification for greed.
http://www.opednews.com/articles/The-Defining-Issue-Not-Go-by-Robert-Reich-111219-786.html
December 19, 2011 By Robert Reich If we want to get our democracy back we've got to get big money out of politics. We need real campaign finance reform. And a constitutional amendment reversing the Supreme Court's bizarre rulings that under the First Amendment money is speech and corporations are people. The defining political issue of 2012 won't be the government's size. It will be who government is for. Americans have never much liked government. After all, the nation was conceived in a revolution against government. But the surge of cynicism now engulfing America isn't about government's size. It's the growing perception that government isn't working for average people. It's for big business, Wall Street, and the very rich instead. In a recent Pew Foundation poll, 77 percent of respondents said too much power is in the hands of a few rich people and corporations. That's understandable. To take a few examples: -- Wall Street got bailed out but homeowners caught in the fierce downdraft caused by the Street's excesses have got almost nothing. |
Published on Tuesday, December 20, 2011 by Reuters
http://blogs.reuters.com/david-cay-johnston/2011/12/20/the-corporations-that-occupy-congress/
Some of the biggest companies in the United States have been firing workers and in some cases lobbying for rules that depress wages at the very time that jobs are needed, pay is low, and the federal budget suffers from a lack of revenue.
Last month Citizens for Tax Justice and an affiliate issued “Corporate Taxpayers and Corporate Tax Dodgers 2008-10″. It showed that 30 brand-name companies paid a federal income tax rate of minus 6.7 percent on $160 billion of profit from 2008 through 2010 compared to a going corporate tax rate of 35 percent. All but one of those 30 companies reported lobbying expenses in Washington.
(WASHINGTON, D.C.) – U.S. Senator Tom Coburn, M.D. (R-OK) today released a new oversight report, “Wastebook 2011” that highlights over $6.5 billion in examples of some of the most egregious ways your taxpayer dollars were wasted. This report details 100 of the countless unnecessary, duplicative and low-priority projects spread throughout the federal government.
“Video games, robot dragons, Christmas trees, and magic museums. This is not a Christmas wish list, these are just some of the ways the federal government spent your tax dollars. Over the past 12 months, politicians argued, debated and lamented about how to reign in the federal government’s out of control spending. All the while, Washington was on a shopping binge, spending money we do not have on things we do not absolutely need. Instead of cutting wasteful spending, nearly $2.5 billion was added each day in 2011 to our national debt, which now exceeds $15 trillion,” Dr. Coburn said.
“Congress cannot even agree on a plan to pay for the costs of extending jobless benefits to the millions of Americans who are still out of work. Yet, thousands of millionaires are receiving unemployment benefits and billions of dollars of improper payments of unemployment insurance are being made to individuals with jobs and others who do not qualify. And remember those infamous bridges to nowhere in Alaska that became symbols of government waste years ago? The bridges were never built, yet the federal government still spent more than a million dollars just this year to pay for staff to promote one of the bridges.”