Showing posts with label Cost. Show all posts
Showing posts with label Cost. Show all posts

Monday, March 3, 2014

Health Care Cost Emergency Declared By San Francisco Labor

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Health Care Cost Emergency Declared By San Francisco Labor

Saturday, February 22, 2014

Cost Of Iraq & Afghanistan Wars Is Absolutely Staggering

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Cost Of Iraq & Afghanistan Wars Is Absolutely Staggering

Wednesday, February 19, 2014

CBO Report Says Minimum-Wage Hike Will Cost 500,000+ Jobs; Common Sense vs. Research Papers

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CBO Report Says Minimum-Wage Hike Will Cost 500,000+ Jobs; Common Sense vs. Research Papers

UNEMPLOYMENT BENEFITS ONGOING SAGA, More House Dems retire, CBO: MINIMUM WAGE HIKE WOULD COST THOUSANDS OF JOBS


By Ginger Gibson (ggibson@politico.com or @GingerGibson)


UNEMPLOYMENT BENEFITS ONGOING SAGA – A group of Senate Republicans are trying to get the politically dangerous issue of unemployment benefits off the congressional agenda before the fall election. POLITICO’s Burgess Everett has the story: “Senate Majority Leader Harry Reid (D-Nev.) has vowed to press the GOP on unemployment benefits — forcing them to keep taking votes on a bill to extend aid to the long-term unemployed. But Republicans have rejected it twice since the program expired on Dec. 28.


“Sens. Dan Coats of Indiana, Rob Portman of Ohio, Dean Heller of Nevada and Susan Collins of Maine want a deal that could bring the Democratic drumbeat to an end. They gathered last week to plan how to revisit the cause when the Senate returns next week, hoping they can get Democrats to agree to their policy changes and finally move the red-hot issue off the Senate’s plate. “We’re still working on the same thing, which is solving the problem,” Portman said in an interview Tuesday. “I continue to believe that we can solve this if Democrats want to.”


“The political maneuvering is a reminder that voting down money for a government program might be good politics for hard-liners running on slashing deficits and spending, but for centrists, especially those from states where jobless rates remain high, looking unsympathetic to the long-term unemployed is a big risk. That explains the nuanced positions of senators like Coats, who has surprised Democrats by engaging in the unemployment debate last week.” http://politi.co/1bL5b02


CBO: MINIMUM WAGE HIKE WOULD COST THOUSANDS OF JOBS – POLITICO’s Brian Faler has the newest bombshell from the CBO: “Raising the minimum wage would cost thousands of jobs while simultaneously lifting wages for millions more, according to a new report sure to inflame an election-year battle over income inequality.


“In an analysis providing fodder to both Democrats and Republicans, the Congressional Budget Office said Tuesday that a proposal similar to one offered by President Barack Obama would reduce total employment by 500,000 workers or about .3 percent by 2016. At the same time, it would boost earnings for some 16.5 million people, lifting 900,000 above the poverty line, the report said.” http://politi.co/1jDiK0U


– House Minority Leader Nancy Pelosi and Workforce Committee Chairman George Miller both released statements after the report saying they will continue to press for a hike in the wage.


EXECUTIVE AUTHORITY— President Obama announced a renewed effort to reduce emissions from large trucks and is acting with his executive authority. The Washington Post’s Juliet Eilperin reports: “President Obama announced Tuesday that the federal government will further tighten fuel efficiency for medium- and heavy-duty trucks, part of his ongoing effort to use executive authority to address climate change and spur domestic manufacturing.


“Speaking at the Safeway distribution center in Upper Marlboro, Md., Obama did not specify what new standard the Environmental Protection Agency and the Department of Transportation should set for these larger trucks, which weigh more than 8,500 pounds, but he said he was confident manufacturers could meet this “ambitious” goal.” http://wapo.st/1fghuAx


NUMBERS: DSCC raised $ 6.5 million in January, topped NRSC by $ 2 million – http://politi.co/N9oQLy


HOUSE DEM RETIREMENTS CONTINUE – Two more House Democrats announced they are not seeking reelection.


– Rocket scientist New Jersey Democrat Rep. Rush Holt will not run for reelection. Holt becomes the third member of the New Jersey delegation to skip out on Congress this year. POLITICO’s Alex Isenstadt reports: ““There is no hidden motive for my decision,” Holt, 65, said in a statement Tuesday. “As friends who have worked with me know, I have never thought that the primary purpose of my work was re-election and I have never intended to make service in the House my entire career. For a variety of reasons, personal and professional, all of them positive and optimistic, the end of this year seems to me to be the right time to step aside and ask the voters to select the next representative.”


“Holt, a member of the House Education and the Workforce Committee, is a former Swarthmore College professor. He’s also a five-time Jeopardy! champion.” http://politi.co/1kSNIW1


– Freshman California Democrat Rep. Gloria Negrete McLeod announced she will instead seek a seat as a San Bernardino County supervisor. The LA Times Richard Simon reports: “”My heart is here in the district,” she said in a written statement. After agonizing over whether to run for reelection to Congress or a seat on the Board of Supervisors, “my desire to represent this community locally, where I have lived for more than 40 years, and where I have long served as an elected official, won out,” she said.


“Negrete McLeod, 72, a former state lawmaker, defeated a fellow Democrat, then-Rep. Joe Baca of Rialto, to win election to the House in 2012. Baca said by telephone Tuesday that he was still planning to run for the seat being vacated by retiring Rep. Gary Miller (R-Rancho Cucamonga) but added that he was keeping his options open.” http://lat.ms/1dIIqbK


And then Baca – who is running for George Miller’s seat — called McLeod a bimbo: And then he apologized. The Hill’s Cameron Joseph has the story, asking Baca about party leaders trying to tip the scales against him: “Look at what we wound up with: Some bimbo who decided not to run again. … Here we go again now with another New Yorker trying to tell us who’s going to be the representative of the 31st. It’s up to the people to decide.”


“Baca called back Tuesday evening to apologize for his “poor choice of words.” “I was just upset the district lost a representative in a short period of time. To me, that’s a disservice to the area. I do apologize for my poor choice of words,” Baca told The Hill.” http://bit.ly/1bkZ3ez


MISSISSIPPI SENATE – POLITICO’s Alex Burns looks at the Mississippi Senate race: “As Sen. Thad Cochran faces a potentially career-ending primary challenge, his strategy for victory is straightforward: Stress his decades of bringing home federal largesse and his long relationships with home-state Republicans; tap Washington rainmakers to fill his campaign account; and bring in Mississippi political legends like Haley Barbour and Trent Lott to help seal the deal.


“Cochran’s opponent in the June 3 showdown, state Sen. Chris McDaniel, is practically salivating over the contrast that it represents. As the 2014 election cycle begins to accelerate, perhaps no race presents a sharper difference of views on what it means to be a Republican or offer a sharper microcosm of the ongoing GOP civil war than the race in Mississippi.” http://politi.co/1kWjCRH


**A message from POWERJobs: Jobs on our radar this week: Senior Data Modeler at Deloitte, Client Financial Management Analyst at Accenture and Director of Business Development at Evolver.  Interested? Apply to these jobs and more at www.POWERJobs.com; finally, a career site made for YOU!**


GOOD WEDNESDAY MORNING, FEB. 19, 2014, and welcome to The Huddle, your-play-play preview of all the action on Capitol Hill. Scott is out for the week, so send tips, suggestions, comments, complaints and corrections to ggibson@politico.com. You can also heckle me on Twitter @GingerGibson. Seung Min Kim will be taking over tomorrow. Email her skim@politico.com.


TODAY IN CONGRESS –. The House and Senate have both recessed for the week.


AROUND THE HILL – All is quiet on Capitol Hill. But far from the hill members are holding press conferences in their districts. Sen. Ted Cruz will hold a press conference to discuss his energy plan at 2 p.m. CT at Spindletop in Beaumont, Texas. No livesteam is available. 


MUST-WATCH: DRIVING THE DAY – POLITICO insiders Alex Burns, Anna Palmer, Manu Raju and Jake Sherman relaunch this classic POLITICO video series, taking you behind-the-scenes of what’s driving the day’s headlines every Tuesday – Thursday morning. Today’s video looks at the future of the Senate control and who has the upper hand, Republicans or Democrats: www.politico.com/drivingtheday .


DISCHARGE PETITIONS – Roll Call’s David Hawkings argues the unlikely success of two discharge petitions Democrats are pushing in the House: “the one they’ve been talking about most enthusiastically in recent days — the discharge petition — has a high probability of failure.


“It’s almost certainly not going to realize the stated legislative objective, which is to break the deadlock created by conservatives on both immigration and increasing the minimum wage. But neither is it likely to produce the unstated political objective, which is to push the GOP into looking like the sort of discordant and mean-spirited mess that’s undeserving of running the House for another two years.


“The reason for those predictions is the same on both counts. There just aren’t enough genuine moderates in the Republican conference, nor a sufficient number of endangered GOP incumbents, to give either discharge petition a chance for success.” http://bit.ly/1eQJXrV


Former Rep. Mel Reynolds arrested in Zimbabwe – No stranger to the legal troubles, former Rep. Mel Reynolds was arrested in Zimbabwe on Monday after authorities found him in possession of pornography, a crime in the African nation. Reuters has the story: “Former congressman Mel Reynolds has been arrested in Zimbabwe, an immigration official said on Tuesday, after state media reported the convicted sex offender had been found with pornography at a local hotel.


“Police and immigration officials were investigating Reynolds for living in the southern African country without a valid visa, Francis Mabika, an assistant regional immigration officer, told Reuters.” http://yhoo.it/1falXpS


HILL ALUMNI FILES: Former Carper aide running for Delaware treasurer – Sean Barney will primary embattled Democratic Treasurer Chip Flowers. The News Journal’s Jonathan Starkey has the story: “He has now launched a campaign website, where he takes only veiled shots at Flowers, who has come under fire in recent months for his troubled relationship with the board that manages a $ 2 billion taxpayer portfolio and questionable credit card spending out of his office. “I will restore the focus of the Treasurer’s office on its core responsibility of protecting the integrity of payments made with taxpayer resources,” Barney said on his website. He added that, “As policy director to the governor, I worked with 16 cabinet secretaries and cabinet agencies of state government to help develop consensus…. I understand that the role of the State Treasurer on the State’s Cash Management Policy Board operates in a similar vein– not to make policy unilaterally, but to work effectively with others to do right by the people of Delaware.”” http://delonline.us/1mrEJNr


Outside spending in Florida 13 –The Washington Post’s Sean Sullivan takes a look at the numbers: “There’s no doubt that Republicans and Democrats see the outcome of Florida’s 13th district special election as a crucial marker ahead of the midterm elections this fall. For proof, look at how much money organizations on both sides have been pouring in.


“The biggest spenders thus far have been Republican-aligned groups, according to a tally from the Center for Responsive Politics, which tracks campaign spending. GOP groups have spent more than $ 2.8 million to boost Republican nominee David Jolly or attack Democratic nominee Alex Sink, CRP’s most up-to-date numbers show. Democratic groups have spent nearly $ 1.5 million doing the opposite.” http://wapo.st/1jQq9gr


Happening in Ukraine – As violent clashes between protesters and riot police continue, government officials are beginning to take more public note of the conflict. From The Hill’s Justin Sink: “Vice President Biden on Tuesday called Ukranian leader Viktor Yanukovych to express “grave concern” about a brutal police crackdown in Kiev.


“According to the White House, Biden urged Yanukovych to “pull back government forces and to exercise maximum restraint.”” http://bit.ly/1oRjvY0


– From the NY Times: “Secretary of State John Kerry urged Mr. Yanukovych to stop the bloodshed. “We call on President Yanukovych and the Ukrainian government to de-escalate the situation immediately, and resume dialogue with the opposition on a peaceful path forward. Ukraine’s deep divisions will not be healed by spilling more innocent blood,” he said in a statement.” http://nyti.ms/1fdcy0B


TUESDAY’S TRIVIA WINNER – Something interesting happened with yesterday’s trivia that will result in two winners. When Mark Twain wrote “Congress doesn’t know anything about religion… You religious people there are too feeble, in intellect, in morality, in piety—in everything pretty much.” he was writing for Sen. Nye of Nevada in response to a constituent seeking help to incorporate the Episcopal Church in Nevada. Jim Sims of Molycorp chimed in with that answer, pointing to the recently published book by John Mueller “Mark Twain in Washington.” (See excerpt here: http://bit.ly/1bIqG1s)


But the Senate historian had a different answer on their website. In an article on their website (http://1.usa.gov/1bhYNNg), they stated that Twain was working for Sen. William Stewart, also of Nevada. Michael Brumas, in Sen. Mitch McConnell’s office, was the first one to respond with that answer.


Since there were conflicting responses, I went to the Senate Historian to try to get to the bottom of this piece of Twain trivia. Turns out, Mueller was correct and Nye was Twain’s employer when he penned those words. Twain blew through several jobs during his brief stint in Washington. They are changing their website. And now we can say Huddle changed history.


TODAY’S TRIVIA – Michael Brumas has today’s trivia question. On at least two occasions, what former member of the Senate Judiciary Committee prefaced his opposition to Supreme Court nominees with the adage, ‘When in doubt, don’t.’ The first person to correctly answer gets a mention in the next day’s Huddle. Email me at ggibson@politico.com.


GET HUDDLE emailed to your Blackberry, iPhone or other mobile device each morning. Just enter your email address where it says “Sign Up.” http://www.politico.com/huddle/


**A message from POWERJobs: Tap into the power of POWERJobs for the newest job opportunities in the Washington area from the area’s top employers, including METRO, Deloitte and AIPAC. Powered by names you trust – POLITICO, WTOP, WJLA/ABC-TV, NewsChannel 8 and Federal News Radio- POWERJOBS is the ultimate career site with more than 2 million job searches and nearly 17,000 applications submitted this year so far. Connect through Facebook or LinkedIn, search jobs by industry and set up job-specific email alerts using www.POWERJobs.com, the site for Washington’s top talent.**




POLITICO – Top 10 – Huddle



UNEMPLOYMENT BENEFITS ONGOING SAGA, More House Dems retire, CBO: MINIMUM WAGE HIKE WOULD COST THOUSANDS OF JOBS

Thursday, February 6, 2014

Big Failures Cost Big Money

At A Political Statement, the privacy of our visitors is of extreme importance to us (See this article to learn more about Privacy Policies.). This privacy policy document outlines the types of personal information is received and collected by A Political Statement and how it is used.

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A Political Statement does use cookies to store information about visitors preferences, record user-specific information on which pages the user access or visit, customize Web page content based on visitors browser type or other information that the visitor sends via their browser.

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Big Failures Cost Big Money

Wednesday, February 5, 2014

Obamacare Creates Incentive to Work Less - CBO Estimates Obamacare Will Cost 2 Million Full-Time Equivalent Jobs by 2017

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Obamacare Creates Incentive to Work Less - CBO Estimates Obamacare Will Cost 2 Million Full-Time Equivalent Jobs by 2017

Tuesday, February 4, 2014

Obamacare Creates Incentive to Work Less; CBO Estimates Obamacare Will Cost 2 Million Full-Time Equivalent Jobs by 2017

Obamacare Creates Incentive to Work Less; CBO Estimates Obamacare Will Cost 2 Million Full-Time Equivalent Jobs by 2017

MarketWatch reports Obamacare plans to exceed $ 1 trillion, create reluctant workers.

The CBO projects that insurance subsidies and related spending will account for increasing chunks of deficit spending, starting at $ 20 billion this year and steadily increasing to $ 159 billion in 2024, for a collective cost of just under $ 1.2 trillion. The cumulative total from the ACA for the next decade could reach $ 1.35 trillion.

In several charts in its report, the CBO calls these “effects on the cumulative federal deficit.” But in footnotes and other portions of the 175-page report, the CBO points out there are other sources of revenue generated under the ACA that are expected to make it deficit neutral.


Labor Market Effects of the Affordable Care Act


Inquiring minds are also in interested in labor force projections. For that let’s dive into the massive 182 page PDF CBO Budget and Economic Outlook 2014 to 2024 report.


Incentive to Work Less


On PDF page 44 (Report page 38) a curious footnote reads “By providing subsidies that decline with rising income (and increase with falling income) and by making some people financially better off, the ACA will create an incentive for some people to work less.


A detailed explanation is found in Appendix C on PDF page 123.

How Much Will the ACA Reduce Employment in the Longer Term?

The ACA’s largest impact on labor markets will probably occur after 2016, once its major provisions have taken full effect and overall economic output nears its maximum sustainable level. CBO estimates that the ACA will reduce the total number of hours worked, on net, by about 1.5 percent to 2.0 percent during the period from 2017 to 2024, almost entirely because workers will choose to supply less labor — given the new taxes and other incentives they will face and the financial benefits some will receive. Because the largest declines in labor supply will probably occur among lower-wage workers, the reduction in aggregate compensation (wages, salaries, and fringe benefits) and the impact on the overall economy will be proportionally smaller than the reduction in hours worked. Specifically, CBO estimates that the ACA will cause a reduction of roughly 1 percent in aggregate labor compensation over the 2017–2024 period, compared with what it would have been otherwise. Although such effects are likely to continue after 2024 (the end of the current 10-year budget window), CBO has not estimated their magnitude or duration over a longer period.


The reduction in CBO’s projections of hours worked represents a decline in the number of full-time-equivalent workers of about 2.0 million in 2017, rising to about 2.5 million in 2024. Although CBO projects that total employment (and compensation) will increase over the coming decade, that increase will be smaller than it would have been in the absence of the ACA. The decline in full-time-equivalent employment stemming from the ACA will consist of some people not being employed at all and other people working fewer hours.


Why Does CBO Estimate Larger Reductions Than It Did in 2010?


In 2010, CBO estimated that the ACA, on net, would reduce the amount of labor used in the economy by roughly half a percent—primarily by reducing the amount of labor that workers choose to supply. 2 That measure of labor use was calculated in dollar terms, representing the approximate change in aggregate labor compensation that would result. Hence, that estimate can be compared with the roughly 1 percent reduction in aggregate compensation that CBO now estimates to result from the act. There are several reasons for that difference: CBO has now incorporated into its analysis additional channels through which the ACA will affect labor supply, reviewed new research about those effects, and revised upward its estimates of the responsiveness of labor supply to changes in tax rates.


Don’t worry. This won’t cost 2 million jobs, only 2 million equivalent full-time jobs.  Perhaps a many as 6 million work fewer hours each week. The CBO did not estimate the breakdown.


Regardless, that cannot possibly happen, can it?  Didn’t Obama claim ACA would create jobs? Hmm. What else did he promise?


Mike “Mish” Shedlock
http://globaleconomicanalysis.blogspot.com


Mish’s Global Economic Trend Analysis




Read more about Obamacare Creates Incentive to Work Less; CBO Estimates Obamacare Will Cost 2 Million Full-Time Equivalent Jobs by 2017 and other interesting subjects concerning Economy at TheDailyNewsReport.com

Sunday, February 2, 2014

The Cost of Convenience



Having the good fortune to live along a beautiful country road that weaves between woods and cow pastures, I can assert with authority that natural beauty is no deterrent to throwing litter along the roadside. By my count, the most littered beer can, by far, is Bud Lite. Marlboro followed by Camel is the most littered cigarette pack. Drivers ingest unhealthy crap purchased at convenience stores a couple of miles away. Some find it more convenient to throw stuff out the car window than to put it in trash cans or recycle bins. Litter has a perverse, persistent logic: Trash your body, then trash the environment.


When convenience is reinforced by presumed national security imperatives, environmental problems are magnified exponentially. Countries don’t go to the expense of investing in the infrastructure to build nuclear weapons unless they have serious security concerns. Serious security concerns invite short-cuts that result in big messes that are very costly to clean up. Or not clean up. Environmental hazards were an afterthought during the first nuclear age; ditto for the second.


Cost estimates of nuclear weapon-related programs still focus on the measurable – production costs, plus projected overruns – while sidestepping clean-up costs, which are hard to figure, plus inevitable overruns, which have never been estimated properly. For example, two recent studies trying to cost out the modernization and maintenance of US nuclear forces and warheads – a Congressional Budget Office estimate of $ 355 billion by 2023, and a James Martin Center for Nonproliferation Studies estimate of $ 1 trillion over the next 30 years – either do not include clean-up costs or barely address them.


Then there’s the dismantlement, retirement, and health care costs associated with nuclear weapons. Air Force spokespersons have taken to comparing (favorably) their budget for strategic modernization programs to that of the US Postal Service, while neglecting to mention that the Congress now forces the Post Office to factor in pension costs when presenting its budget figures. Using this methodology, the Post Office’s revenues can’t meet expenses. What would US strategic modernization and nuclear laboratory costs be if these estimates included retiree and health care benefits?


A good friend of mine, Len Ackland, has written a fine book about the short cuts and environmental degradation at Rocky Flats, near Denver. Every nation possessing nuclear weapons has similar messes and environmental time bombs. Which of these will wind up being most costly? Readers are invited to suggest nominations. Of all the environmental hazards the United States incurred when building the Bomb, the biggest sense of dread I feel relates to the magnificent Columbia River in Washington State. How much did Hanford really cost? Wait and see.



  


  




The Intelligence News



The Cost of Convenience

Monday, December 23, 2013

Pentagon sees progress on cost of F-35, long way to go




WASHINGTON Mon Dec 23, 2013 7:49pm EST



Workers can be seen on the moving line and forward fuselage assembly areas for the F-35 Joint Strike Fighter at Lockheed Martin Corp

Workers can be seen on the moving line and forward fuselage assembly areas for the F-35 Joint Strike Fighter at Lockheed Martin Corp’s factory located in Fort Worth, Texas in this October 13, 2011 handout photo provided by Lockheed Martin.


Credit: Reuters/Lockheed Martin/Randy A. Crites/Handout




WASHINGTON (Reuters) – The Pentagon’s recent focus on pricing has led to “remarkable progress” in cutting the cost of the Lockheed Martin Corp F-35 fighter program, but the plane still costs more than it should to build and operate, Director of Defense Pricing Shay Assad said.


“We’re making progress. We’re doing OK, but we have a long way to go to get to what a Joint Strike Fighter (JSF) should cost,” Assad said in an interview last week.


The Pentagon expects to spend $ 392 billion to develop and build 2,443 F-35 jets for the Air Force, Marine Corps and Navy, 70 percent more than initial projections. But the projected cost has begun coming down, dropping $ 4 billion from 2012 to 2013, and further reductions are expected next year.


Assad said the cost analysis initiative had saved taxpayers hundreds of millions of dollars on some contracts.


“Compared to where we were … we’ve made remarkable progress in understanding the costs associated with the JSF. And just as importantly, understanding what it should cost, and what it’s going to take to get to that point,” he said.


The Pentagon in September finalized two agreements with Lockheed valued at $ 7.8 billion for work on 71 more jets. It said the average cost of the planes in a sixth batch was down 2.5 percent from the previous one. Lockheed said it expects a further reduction in the next contract to be signed next year.


Assad was named to the newly created job of director of defense pricing in June 2011, part of a larger drive by chief weapons buyer Frank Kendall, and his predecessor Ashton Carter, to reverse years of cost overruns on weapons like the F-35 Joint Strike Fighter, the Pentagon’s most expensive program.


Since then, Assad’s office has developed a database on specific weapons programs and companies, allowing contract officers from across the military to compare notes on overhead and material costs, pricing data, and contractor performance.


He said acquisition officials now have nearly instant access to data that would have taken months to research in the past.


“You get a complete snapshot of what kind of contractor am I dealing with. Can I rely on the quality of the proposals they’re giving me,” he said.


As part of the effort, contracting officers must explain their negotiations with the companies in detailed reports, Assad said, citing a recent 500-page report on the F-35.


The Pentagon’s Defense Contract Management Agency also set up 15- to 30-member teams of engineers and other experts at nearly a dozen of the biggest defense contractors, including Lockheed, Boeing Co, Raytheon Co, and Sikorsky Aircraft, a unit of United Technologies Corp.


One of those “integrated cost analysis teams” or ICATs is at the Fort Worth, Texas plant where Lockheed builds the F-35.


Dave Hess, president of engine maker Pratt & Whitney, another United Technologies unit, told Reuters last week that his company and other F-35 contractors were developing a plan with the Pentagon that would encourage companies to invest their own funds to lower production costs. He said details of that plan would be released next month.


Assad said Air Force Lieutenant General Chris Bogdan, who runs the F-35 program for the Pentagon, was exploring how to inject more competition into the longer-term cost of operating and maintaining the new jets, but it was a complex issue that involved everything from training to simulators to logistics.


He said Kendall was keeping close tabs on the longer-term cost of operating the F-35, a bill the Pentagon previously projected at around $ 1.1 trillion over the next 55 years. The Pentagon is expected to lower that estimate next year.


“Mr. Kendall expects us to be unrelenting in trying to find a way to reduce that nut,” Assad said.


(Reporting by Andrea Shalal-Esa; Editing by Richard Chang)






Reuters: Politics



Pentagon sees progress on cost of F-35, long way to go

Tuesday, November 12, 2013

Cost Of Occupation – Betrayal and Misery


obama


In five years, Nobel Peace Prize laureate Barack Obama, the agent of hope and change, has become the prince of darkness and his presidency has become a farce ~ an absurdly futile exercise in pretense and broken promises from a president who cloaks himself with drones and armor and who answers only to the corporate global elite.



The cost of occupation in both Iraq and Afghanistan is the silence of moral disillusion and betrayal by a dying Empire ~ for our military has bought into a War on Terror farce which will not go away and continues  through this Veterans day in 2013. If you want to get a feel of what American troops go through in Iraq and Afghanistan ~ watch The Hurt Locker and read Steinbeck’s The Moon is Down and realize that eventually The Flies will conquer the fly paper in both Iraq and Afghanistan ~ as they most certainly did in Vietnam


 


This Veterans day we have over 200,000 homeless veterans on the streets of America; yes 200,000 ~ that is not a misprint. That is a disgrace, a national disgrace and part of the cost of occupation along with national betrayal and dying for lies. Here are the current death and wounded numbers in Iraq and Afghanistan;


 IRAQ:


Killed In Action: 3/2003 ~ 12/18/2011: 4,818
Wounded total to 12/18/1I: 54,834
Iraqi Civilians Killed: 1,366,350


AFGHANISTAN:


Killed In Action: 2,285


Wounded Total:18,188
Afghanistan Civilians Killed: 56,250


Here is reporter Ann Jones firsthand, close-up-and-personal look at the impact of our recent wars on America’s unlucky soldiers ~ as she describes the silence of moral disillusion and betrayal;  “The last time I saw American soldiers in Afghanistan, they were silent. Knocked out by gunfire and explosions that left them grievously injured, as well as drugs administered by medics in the field, they were carried from medevac helicopters into a base hospital to be plugged into machines that would measure how much life they had left to save. They were bloody.  They were missing pieces of themselves. They were quiet.


It’s that silence I remember from the time I spent in trauma hospitals among the wounded and the dying and the dead. It was almost as if they had fled their own bodies, abandoning that bloodied flesh upon the gurneys to surgeons ready to have a go at salvation. Later, sometimes much later, they might return to inhabit whatever the doctors had managed to salvage.  They might take up those bodies or what was left of them and make them walk again, or run, or even ski.  They might dress themselves, get a job, or conceive a child. But what I remember is the first days when they were swept up and dropped into the hospital so deathly still. They were so unlike themselves. Or rather, unlike the American soldiers I had first seen in that country. Then, fired up by 9/11, they moved with the aggressive confidence of men high on their macho training and their own advance publicity.”  Must read articles :   Tomgram: Ann Jones, Silent Soldiers, The Losers From Our Lost Wars


 Here’s Ann Jones being interviewed by Amy Goodman on The Untold Story of War: U.S. Veterans Face Staggering Epidemic of Unemployment, Trauma & Suicide


Excerpt:  Regarding veteran suicide rate which is actually closer to 50 a day when you count veterans who have left the military ~  


 AMY GOODMAN: “These suicide numbers are astounding. I mean, I think people just have to close their minds; they can’t comprehend: 22 veterans or soldiers a day in the United States take their lives?”


ANN JONES: And those are soldiers who are still in the military. Those who have already left the military are not counted. And there’s a lot of indication that they may be committing suicide at even greater rates. But to me, the most shocking part of this is that many of those who kill themselves are receiving treatment at the VA, but the treatment they’re receiving is Big Pharma drugs, the opioid painkillers. They’re prescribed not for psychological problems, but for simple body pain. And they’re highly addictive, and they’re very deeply implicated in soldier suicides. I tell the story of one Texas soldier….”   Must see 12 minute video




Every dying Empire has its truth telling prophet and America had its own with Chalmers Johnson. Johnson correctly compared the decay of the American empire, with its over 900 overseas military bases, with the fall of the Roman Empire whereas the Senate becomes a wealthy corporate club and irrelevant compared to the ruling Military Industrial Congressional Complex. Read article:

Johnson’ s main points were; The United States is treading the same three steps as the former Soviet Union;


  • Inability to deal with corporate corruption.

  • Imperial over-stretch is leading to fiscal insolvency ( 900 plus bases throughout the world )

  • Inability to reform, thus accelerating the inevitable fall.

Chalmers offered the solution but rightfully suspected that it was already too late for America; ( with my inserts )


  1.  Reform Congress ( Good luck )

  2.  Reform corrupt election laws ( good luck )

  3.  Re-division of electoral college  ( good luck )

  4.  Cutback funding of intelligence agencies and department of the defense and take steps to break up the Military Industrial Congressional Complex. ( more good luck )

Chalmers expected considerable resistance but also said that only the truth could avoid the inevitable fall of the American empire ~ as it did in bringing down the Soviet Union.


Thus, only the role of the alternative media and courageous whistle blowers in exposing the truth can rescue a crumbling Republic that has rapidly become a corrupt plutocracy.


It is my opinion, that there is one central truth that can bring down America’s Berlin wall of denial along with the deceit of the War on Terror ~ it’s the big, big lie and America’s greatest act of treason, it’s the rationale for the cloak of secrecy, torture, Guantanamo, Drone assassinations and illegal spying that now erodes our Republic ~ it’s the monstrous lie of 9/11 along with its unchallenged official story.


What started as a War on Terror in Afghanistan has now become the front for an Orwellian never ending War of Terror which is rapidly draining the heart, resources and spirit of America.


The object of this perpetual war, as Orwell describes, is to keep a society or ‘Our Way of Life’ intact ~ The war in actuality is waged by each ruling group against its own subjects, and the object of the war is not to make or prevent conquests of territory, but to keep the structure of society or the global elite status quo intact. 


blair


Tony Blair sporting his Yarmulke and the self-satisfied smirk of an AIPAC supported war criminal.



Who can ever forget Tony Blair justifying the Iraq war and occupation as “protecting our way of life”


The American Killing machine most certainly still exists and now we have Nick Turse’s new book, Kill Anything that Moves: The Real American War in Vietnam  to confirm this obvious truth ~ “No one has ever described the American killing machine in that country the way he has; nor, as he did, tracked down Americans charged with war crimes by the U.S. military in that era, nor tramped through distant rural Vietnam to hear what it felt to be on the other side of massacres or experience the American-imposed “system of suffering” in those years. A decade in the making, it is a book that should reshape in fundamental ways how we remember the Vietnam War.“


Afghanistan excerpt: “Untold numbers of Afghans have also died of everything from lack of access to medical care (there are just 2 doctors for every 10,000 Afghans) to exposure, including shocking reports of children freezing to death in refugee camps last winter and again this year.  They were among the hundreds of thousands of Afghans who have been internally displaced during the war.  Millions more live as refugees outside the country, mostly in Iran and Pakistan.  Of the women who remain in the country, up to 2 million are widows.  In addition, there are now an estimated 2 million Afghan orphans.  No wonder polling by Gallup this past summer found 96% of Afghans claiming they were either “suffering” or “struggling,” and  just  4 %  just “thriving.”     See article:


If you really want to know what our troops are going through in illegally occupied Iraq and Afghanistan ~ read John Steinbeck’s ‘ The Moon is Down ‘ or better yet read Paul Rockwell’s poetic and moving commentary The Agony of Occupation / The flies have conquered the flypaper ‘ from Common Dreams .


Excerpt: ” It is impossible to read Steinbeck’s masterpiece without thinking about our own soldiers in Iraq , about their daily fear, the growing tendency for revenge, the agony of conquest. ‘The Moon is Down’ is not primarily about the Norwegian people, or even about the resistance. It’s about the terror, the self-doubts, the slow transformation of arrogance to self-loathing, under which invaders liveThe Moon is Down is not about the violence; it’s about the psychology of occupation. Steinbeck focuses on the inability of occupying soldiers to cope with the ingratitude of a “liberated” people. Germans trusted their leaders and expected to be greeted with flowers, not contempt. The public hatred of the occupation, not sabotage alone, destroys German morale … When a lieutenant is upset by the hostility of the local population, his commander admonishes him: “I will not lie to you, Lieutenant. They should have trained you for this, and not for flower-strewn streets. They should have built your soul with truth, not led you along with lies. But you took the job, Lieutenant. We can’t take care of your soul.”


The occupiers are not pacified. Captain, is this place conquered?” “Of course,” the captain replies. But the listener cracks. “Conquered and we’re afraid, conquered and we’re surrounded. The flies have conquered the fly paper ! “    See article:


The War on Terror farce is still with us and will be until the truth prevails.



About the Author: Freelance Alternative Press Online columnist and transformational counselor Allen L Roland is available for comments, interviews, speaking engagements and private Skype consultations allen@allenroland.com. Allen L Roland is a practicing psychotherapist, author and lecturer who also shares a daily political and social commentary on his web log and website allenroland.com He also guest hosts a monthly national radio show TRUTHTALK on www.conscioustalk.net


ONLY THE TRUTH IS REVOLUTIONARY



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Posted by Allen L Roland on Nov 11 2013, With 0 Reads, Filed under Causes, Editor, Living, Of Interest, Peace. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.



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Cost Of Occupation – Betrayal and Misery

Max Keiser - Economist Says Current Financial Struture Will Cost Us 10 Year Depression

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Max Keiser - Economist Says Current Financial Struture Will Cost Us 10 Year Depression

Monday, October 28, 2013

Sallie Krawcheck on JPMorgan’s Billions in Fines: “A Real Cost of Doing Business”

Sallie Krawcheck on JPMorgan’s Billions in Fines: “A Real Cost of Doing Business”
http://currenteconomictrendsandnews.com/wp-content/uploads/2013/10/e7518__p-89EKCgBk8MZdE.gif



Last Wednesday was the annual Rocktoberfest event in New York City, featuring live musical performances from several financial services industry professionals. The event was to benefit A Leg to Stand On, a non-profit organization that provides free orthopedic care – including prosthetic limbs and corrective surgery – to children in the developing world.


Yahoo Finance was a media sponsor of Rocktoberfest this year and kicked off the event with a VIP Roundtable that included Sallie Krawcheck, owner of 85 Broads and former president of wealth management at Bank of America Merrill Lynch.


Related: JPMorgan “Just the First Domino”: Bill Cohan


In the wake of all the controversy surrounding JPMorgan (JPM) – the Jamie Dimon-led bank agreed on Friday to pay more than $ 5 billion to Fannie Mae and Freddie Mac over charges it misled the housing giants over mortgage-backed securities – roundtable emcee and Daily Ticker anchor Aaron Task asked Krawcheck whether the fines were an example of justice delayed or regulatory overreach?


“The truth is, it’s a real cost of doing business,” Krawcheck says. “We always tend to, as analysts, [say] ‘well that’s a one-time charge. Right, so put that aside.’ That’s not a one-time charge. That’s a tax against the high earnings of some years ago. That is a real cost of doing business overall.”


Krawcheck pointed out during the roundtable that she, of course, hasn’t been a research analyst for awhile but sometime just can’t resist diving into an earnings statement.


Watch the video above to see what Krawcheck thinks is currently going on with banks like JPMorgan and how Wall Street currently judges their return-on-equity (ROE).


Related: Jamie Dimon: Still ‘Last Man Standing’ But Knocked Down a Few Pegs


Over the past year Krawcheck took over the global women’s network 85 Broads. Here’s part of their mission statement:


We think women are awesome. And we know economic engagement of the women leads to great things. We are a professional women’s network that provides in-person events, on-line educational opportunities and access to business leaders and peers. Because networking is the number 1 unwritten rule of success in business, and everyone benefits when women are more successful.


To find out more about 85 Broads click here.


Related: Sallie Krawcheck: Big Banks Still Don’t Have Enough Capital




Yahoo Finance: The Daily Ticker




Read more about Sallie Krawcheck on JPMorgan’s Billions in Fines: “A Real Cost of Doing Business” and other interesting subjects concerning Commentary at TheDailyNewsReport.com

Sunday, August 11, 2013

When Failure Carries No Cost


This week, after a three-and-a-half-year delay, US Army Maj. Nidal Malik Hasan was finally placed on trial for massacring 13 and wounding 32 at Ft. Hood, Texas, on November 5, 2009.


Hasan was a self-identified jihadist. His paper and electronic trail provided mountains of evidence that he committed the massacre to advance the cause of Islamic supremacy. Islamic supremacists like Hasan, and his early mentor al-Qaida operations chief Anwar al-Awlaki, view as enemies all people who oppose totalitarian Islam’s quest for global domination.


Before, during and following his assault, Hasan made his jihadist motives obvious to the point of caricature in his statements about the US, the US military and the duties of pious Muslims. But rather than believe Hasan, and so do justice to his victims, the Obama administration, with the active collusion of senior US military commanders went to great lengths to cover up Hasan’s ideological motivations and hence the nature of his crime.


On the day of the attack, Lt.-Gen. Robert Cone, then commander of III Corps at Ft. Hood, said preliminary evidence didn’t suggest that the shooting was terrorism. Cone said this even though it was immediately known that before he began shooting Hasan called out “Allahu akhbar.” He called himself a “Soldier of Allah” on his business cards.


In an interview with CNN three days after the attack, US Army Chief of Staff Gen. George Casey said, “Our diversity, not only in our army, but in our country, is a strength. And as horrific as this tragedy was, if our diversity becomes a casualty, I think that’s worse.”


The intensity of the Obama administration’s participation in this cover-up became clear in May 2012. At that time, Congress had placed a clause inside the Defense Appropriations Act requiring the Pentagon to award Purple Hearts to Ft. Hood’s victims. Rather than accept this eminently reasonable demand, which simply required the administration to acknowledge reality, Obama’s emissaries announced he would veto the appropriations bill and so leave the Pentagon without a budget unless the clause was removed.


Rather than define Hasan’s attack as an enemy attack or a terrorist act, the administration has defined it as a case of “workplace violence.” Following this determination, those wounded in the attack, as well as the families of the murdered, are denied the support conferred on soldiers killed or wounded by enemy fire.


At the first day of Hasan’s trial this week, he admitted that he perpetrated the murderous attack because he is a jihadist who “switched sides” in the war. That is, he told the court that he conducted the attack as an act of war against the United States to advance the goals of the global jihad.


Hasan’s statement made clear, once again, that in its efforts to describe his actions as “workplace violence,” the administration is engaging in a cover-up. Its purpose is to deny the American people the truth about the nature of the jihadist threat to their country.


Outside the conservative media, and certain circles of the Republican Party, there has been no public outcry over the government’s decision to cover up the nature of Hasan’s actions. The public’s passivity in the face of the government’s mendacious, unjust behavior owes to the fact that the mainstream media have not castigated the administration for its decision to hide that Hasan was not a garden variety disgruntled employee but a traitor who acted in the service of declared enemies of the United States. In the absence of a media-induced public outcry, the administration has no reason to change its behavior. It has no impetus to acknowledge the truth and act accordingly.


THE SAME is the case with regards to the September 11, 2012, attack on the US Consulate in Benghazi. Already on the day of the attack, it was apparent that the US mission and the CIA annex had been targeted in a premeditated, preplanned attack. Footage of the attack broadcast in real time showed armed men attacking the consulate with rocket-propelled grenades. It was not an act of savage mob violence. Mobs do not carry RPGs or act in a coordinated manner. That is, already at the time of the attack it was apparent that it was not a spontaneous protest in response to an anti-Islamic video on YouTube.


And yet, from the outset, the administration covered up what happened. And the media colluded. Fox News was the only major network that pursued the story. A US ambassador was raped and murdered on the anniversary of the September 11, 2001, attacks. US personnel were under multi-pronged attack for hours. Their desperate pleas for assistance were denied by the administration. And the US media went along with the fiction that the attack was a spontaneous outburst of rage over a YouTube video no one had ever seen.


The media’s collusion was so great that CNN anchor Candy Crowley threw a US presidential debate when she defended Barack Obama’s handling of the attack by inserting false information in the middle of the debate that she was moderating.


The Benghazi story keeps getting more and more outrageous. Last week we learned that some two dozen CIA personnel were on the ground during the attack. The administration has reportedly scattered these operatives throughout the US and forced them to adopt new identities. They have reportedly been prohibited from speaking to the media or congressional investigators, and subjected to monthly polygraph tests.


US personnel wounded in the attack have been hidden from investigators since the attack took place.


This behavior is scandalous, and unprecedented. Yet, outside of the “usual suspects” in the conservative media and the Republican Party, there is no outrage. The media coverage of this shocking revelation is nearly nonexistent, and where it exists, the reportage is laconic, indifferent.


Here, too, the administration feels comfortable perpetuating its cover-up. As in the case of Ft. Hood, why come clean if there is no price to pay for lying and covering up?


Speaking of the frequent US failures in understanding events in faraway lands, Winston Churchill famously quipped, “We can always count on the Americans to do the right thing, after they have exhausted all the other possibilities.”


But what if the other possibilities are never exhausted? The media’s collusion with the Obama administration’s false portrayal of jihadist attacks on US targets gives foreign leaders concerned about the US’s lackadaisical attitude toward jihadist threats no reason for confidence. In the absence of public pressure, the Obama administration has no reason to change course when its policies fail.




RealClearPolitics – Articles



When Failure Carries No Cost