Showing posts with label policies. Show all posts
Showing posts with label policies. Show all posts

Sunday, March 30, 2014

China Accelerates Bad Debt Writeoffs; Reflections on "Policies to Counter Economic Volatility"

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China Accelerates Bad Debt Writeoffs; Reflections on "Policies to Counter Economic Volatility"

Saturday, February 1, 2014

GoDaddy Updates Its User Protection Policies In Wake Of Infamous Twitter Account Extortion

GoDaddy has updated its account security policies in the wake of the now infamous extortion of a Twitter account. As TechCrunch previously reported, a hacker claimed to have gained the Twitter user’s last four credit card digits from PayPal, which was then used to convince GoDaddy to reset their account.


The compromised GoDaddy account — and its requisite domain collection — was used as leverage to extort the user out of their excellent Twitter account, @N. In the wake of the hacking and ensuing outrage over lax security, denials of culpability, TechCrunch wondered out loud why Twitter itself hadn’t made @N whole.


We spoke to @N, known to most as Naoki Hiroshima, after the fact and and he detailed a few things that GoDaddy should do to tighten its security, methods that might have helped protect his account:


“[Two factor authentication] can’t prevent this from happening again,” says Hiroshima. “GoDaddy allowed the guy to reset everything over the phone. As long as a company only uses the last 4 digits of a [credit card] to verify [identity], this will keep happening. They should ask multiple questions.”



GoDaddy has made steps that mirror what Hiroshima felt was needed. In a tweet today, the company said the following:


@N_is_stolen Will do. We now require 8 card digits, lock after 3 attempts and deal with 2-factor authentication accounts differently. ^NF



Requiring more credit card digits matters as if the hacker in question had been required to provide that quantity of information, the jig would have been up prematurely: The hacker claims that PayPal gave them the last four digits of Hiroshima’s credit card. If the GoDaddy threshold had been higher, we wouldn’t be talking about this now.


It’s a bummer that GoDaddy was able to be compromised in the above way, but the new security policies should reduce future risk for its customers, of which I am one.


I’ve reached out to GoDaddy for a fuller explanation of the changes to its security policies, and will update this post when I hear back.


Top Image Credit: Flickr (Image cropped)




TechCrunch



GoDaddy Updates Its User Protection Policies In Wake Of Infamous Twitter Account Extortion

Saturday, January 25, 2014

UN & Al Gore Push Investors to Support Climate Change Policies


2014-01-21T182059Z_01_DBA17_RTRIDSP_3_DAVOS

2014-01-21T182059Z_01_DBA17_RTRIDSP_3_DAVOS



Susanne Posel

,Chief Editor Occupy Corporatism | The US Independent
January 25, 2014


Ban Ki-moon, general-secretary for the UN is pushing climate change and promoting sustainable development at the World Economic Forum (WEF).


The general-secretary emphasized how investors in climate change opposition can expect returns from private sector, academia and heads of state.


According to his speech, this investment in “civil society” will further the UN Millennium Development Goals (MDGs) and expand financial gains for the Elite.


Ban said: “The finance community is a key player. We need trillions of dollars of investment to move from the brown to the green economy.”


The general-secretary would like to see:


  • Investors, banks and other financial service providers to increase finance flows into low-carbon energy and climate-resilient infrastructure, including through setting portfolio targets and increasing the deployment of climate bonds

  • Decrease the flow of finance to carbon-intensive and obsolete technologies and business practices

  • Investors and banks should work to increase transparency regarding greenhouse gas emissions from the assets and businesses that they finance

  • Investors and banks and regulators should work together to ensure that rules that govern financial markets are conducive to sustainable development

Ban is focusing on “addressing climate change is also a great opportunity to support all our sustainable development goals. At the same time, the actions we take on sustainable development can help tackle climate change. Investment now will result in major savings in the future, and can propel economic growth today. It can support universal energy access, sustainable cities and well-being for people and the planet.”


At a dinner for the UN World Food Program (WFP), Ban explained how important it is for corporations to be involved in the securitization of food for the goal of controlling resources.


Ban said: “You might wonder if that is too ambitious, but I have seen such progress with my own eyes, in my own country, in my own lifetime. This success has been achieved through political will, concerted action and private sector engagement. Each country has chosen their own path, but they all made ending hunger a political priority. It has been a joint effort – involving governments, farmers, civil society, academia and the private sector. From small-scale farmers who trade their surplus at the village market to billion-dollar multinational corporations, business has played a vital role. This is needed now more than ever.”


The Ellen MacArthur Foundation (EMF) has created Project Mainstream (PM) which admonishes current manufacturers to join a “circular economy” that will reuse everything until the products cannot be recycled anymore.


The EMF said: “We’re looking at three billion middle class consumers in the next few decades. We need to shift the system to allow those resources to flow back into the system. If you remanufacture you actually take the energy use down to only 25% in a re-manufactured engine compared to a new one.”


Among the speakers at the WEF, Al Gore spoke intensely about how extreme weather is bring awareness to climate change.


Gore said: “I think that is a game changer. It comes about, of course, because we continue to put 90 million tons of global warming pollution into the atmosphere every day, as if it’s an open sewer. We’re getting closer to a political tipping point.”


To the former vice president, climate change campaigns have to focus on business concerns to remain competitive and coerce other levels of power to sign onto a binding emissions target for individual nations, corporations and persons.






Susanne Posel | Original Author | Original Copyright Holder

http://OccupyCorporatism.com



Portland, Oregon, United States, -08:00




Susanne Posel



UN & Al Gore Push Investors to Support Climate Change Policies

Wednesday, January 8, 2014

Ease Up On "No Tolerance" Policies, U.S. Agencies Tell Schools


Saying that “zero tolerance” discipline policies at U.S. schools are unfairly applied “all too often,” Secretary of Education Arne Duncan is urging officials to rethink that approach. The Obama administration issued voluntary guidelines today that call for more training for teachers, and more clarity in defining security problems.


The move by the Education and Justice Departments comes after years of complaints from civil rights groups and others who say the policies are ineffective and take an unfair toll on minorities. The zero-tolerance approach has been blamed for boosting the number of suspensions and expulsions, and for equating minor infractions with criminal acts.


“A routine school disciplinary infraction should land a student in the principal’s office, not in a police precinct,” Attorney General Eric Holder said.


You can check out the Education Department’s plan online. It includes guidance that’s aimed at helping teachers enforce rules fairly, as well as resources to “help guide state and local efforts to improve school climate and school discipline.”


Prompted by fears of gang violence and shootings, “zero tolerance” discipline policies have taken hold in many U.S. states and school districts in the past two decades. As a report by the Vera Center On Youth Justice noted in December, some states adopted the polices to qualify for federal education funds.


But the policies have produced uneven results, reports Vera, which notes that in the U.S., “nearly a third (31 percent) of black boys in middle school were suspended at least once during the 2009–10 school year.”


And as NPR’s Claudio Sanchez reports for today’s All Things Considered, thousands of kids were referred to law enforcement, even if their behavior had not been violent.


“Federal government figures show that of the 3 million students who were suspended or expelled during the 2010-11 school year, a quarter of a million were referred to law enforcement, even though 95 percent were for non-violent behavior. The overwhelming majority — seven out of 10 — were black, Latino, or kids with disabilities.”


Today, the new guidelines were welcomed by advocates who have been working to change schools’ approach.


“What is great about what has been released today,” juvenile justice expert Deborah Fowler tells Claudio, “is that they give schools a variety of alternatives that have been proven successful.”


An attorney, Fowler is the deputy director of Texas Appleseed, a group that has worked to break what it calls a “school-to-prison pipeline.” The group has documented the effects of criminalizing wide swaths of students’ undesirable behavior.


Fowler reels off a short list: “Chewing gum in class or talking too loudly, or so many of the things that when I was a kid would’ve been handled with a trip to the principal’s office in Texas and elsewhere.”


Claudio reports that teachers’ groups welcomed the news of the change today – even as they also wondered who would pay for the new training the guidelines suggest.


The federal agencies that proposed changes today aren’t alone in seeing a problem. Last fall, Florida school officials rejected zero tolerance policies in an attempt “to reduce the number of children going into the juvenile justice system,” as NPR’s Greg Allen reported.


In that story, Greg visited one of the nation’s largest school districts, in Broward County, where officials had begun recording data on disciplinary actions and crimes in school.


“In 2010 and 2011, there were more than 1,000 school-related arrests,” he said, “and nearly three-quarters of them were for non-violent misdemeanors.”


And in Clayton County, Ga., changes were made after Juvenile Court Judge Steven Teske noticed a huge rise in school referrals to police – from 89 a year to 1,400 from the late 1990s to 2004, according to the website Safe Quality Schools.


The judge led an effort to work out a new plan, drawing on school officials, police, and the court system.


Under that plan, in which youths get warnings and then go to mediation or training programs, “The presence of dangerous weapons on campuses has decreased by 70 percent,” the site reports.


Safe Quality Schools is part of the Advancement Project. The head of that group, Judith Browne Dianis, tells Claudio that the new federal guidelines should put some school officials on notice.


“No longer should districts look the other way or make excuses for racial profiling in school hallways and in classrooms,” she says.




News



Ease Up On "No Tolerance" Policies, U.S. Agencies Tell Schools

Sunday, November 17, 2013

Obama’s fix for canceled insurance policies could raise costs, again


Fox News
November 17, 2013


President Obama going over his lies and disinformation prior to a speech.

President Obama going over his lies and disinformation prior to a speech.




President Obama’s proposal to allow insurance companies to keep offering consumers plans that would otherwise be canceled under the federal health care law could lead to an increase in premiums, according to insurance industry experts and state regulators.

America’s Health Insurance Plans, the main industry trade group, said Obama’s offer comes too late and could lead to higher premiums, since companies already have set 2014 rates based on the assumption that many people with individual coverage will shift over to the new markets created under the law.


“Changing the rules after health plans have already met the requirements of the law could destabilize the market and result in higher premiums for consumers,” Karen Ignagni, president of the industry group, said in a statement in reaction to Obama’s plan.


Read more


This article was posted: Sunday, November 17, 2013 at 11:51 am


Tags: domestic news, healthcare










Infowars



Obama’s fix for canceled insurance policies could raise costs, again

Obama’s fix for canceled insurance policies could raise costs, again


Fox News
November 17, 2013


President Obama going over his lies and disinformation prior to a speech.

President Obama going over his lies and disinformation prior to a speech.




President Obama’s proposal to allow insurance companies to keep offering consumers plans that would otherwise be canceled under the federal health care law could lead to an increase in premiums, according to insurance industry experts and state regulators.

America’s Health Insurance Plans, the main industry trade group, said Obama’s offer comes too late and could lead to higher premiums, since companies already have set 2014 rates based on the assumption that many people with individual coverage will shift over to the new markets created under the law.


“Changing the rules after health plans have already met the requirements of the law could destabilize the market and result in higher premiums for consumers,” Karen Ignagni, president of the industry group, said in a statement in reaction to Obama’s plan.


Read more


This article was posted: Sunday, November 17, 2013 at 11:51 am


Tags: ,










Infowars



Obama’s fix for canceled insurance policies could raise costs, again

Sunday, November 10, 2013

Government Policies Can Help or Hinder Entrepreneurs

Government Policies Can Help or Hinder Entrepreneurs
http://img.youtube.com/vi/w2Oq7w6fKrY/0.jpg



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Read more about Government Policies Can Help or Hinder Entrepreneurs and other interesting subjects concerning Surveillance State at TheDailyNewsReport.com

Wednesday, October 30, 2013

ObamaCare saving more money than CBO projected! Dropped policies were also "Junk Policies."


The ObamaCare sideshows designed to scare and detract people from what is really working may have finally hit a wall. People are just too interested and responsible to let affordable health care pass them by.


From Ezra Klein comes the news that ObamaCare will end up saving the country even more money than once projected.

The White House’s biggest frustration right now is that Obamacare’s technical failures are obscuring its great success: Premiums are much lower than the Congressional Budget Office estimated when the law first passed. In a new report for the liberal Center for American Progress, Topher Spiro and Jonathan Gruber quantify exactly how much lower.

The Affordable Care Act’s insurance marketplaces was projected to be $ 4,700 in 2014. In fact, it’s more like $ 3,936 — $ 764, or 16 percent, lower than expected … the Affordable Care Act will cost $ 190 billion less than the CBO estimated over the next decade.  



That savings will make up for the lost Medicaid expansion savings the CBO assumed would happen in the original law that included every state.


Individual Market: It can’t be stressed enough about what ObamaCare is really dealing with here; 10 percent of the country. That’s not a lot of people, but it is the most costly area of the health care market.


“Individual market,” … So we’re talking about insurance premiums for a small minority of the population. But it’s still millions of people. 

Prior to the Affordable Care Act, insurance in the individual market kept costs down by turning the away the sick, raising prices on the likely-to-get-sick, and offering, in many cases, pretty stingy benefits. The Affordable Care Act makes individual market insurance both more accessible and more comprehensive. 



Get a load of this perfect example of one opponent of ObamaCare who just doesn’t get it.


A good example of the tradeoffs is the case of Dianne Barrette, a 56-year-old Florida woman who’s been featured in the media because her current plan will cost 10 times more under Obamacare. As Erik Wemple discovered, her old plan was health insurance in name only. It didn’t cover inpatient hospital care, it didn’t cover ambulance services, and so forth. Under Obamacare, all plans have to cover those benefits. So Barrette’s old plan was extremely affordable — $ 56 a month — because it covered basically nothing. Her new plan is much more expensive but also much more generous.

So the bottom line is that Obamacare makes insurance more accessible and more comprehensive, which raises average premiums, but it adds subsidies and competitive markets, which lower premiums. 



I thought this important note from Klein bares repeating:


One thing to note about the media coverage around this is that some of the old plans in the individual market are being canceled or moved onto the exchanges at a time when the exchanges aren’t really working. So we’re hearing from people losing something but we’re not hearing much yet from the people who’re gaining insurance, or lower-priced insurance, through the law. That’s another consequence of the web site’s failures, but it’s a temporary one. There will be some losers under Obamacare, but because of the subsidies, many more winners. 



Also at Wonkblog was this reason for inurers dropping their old policies:


From an insurance company’s vantage point, grandfathered plans are a bit of a dead end: They can’t enroll new subscribers and are really constrained in their ability to tweak the benefit package or cost-sharing structure. The whole idea of the insurance expansion isn’t to get Americans to purchase anything called “insurance.” It’s to get them to purchase a specific kind of insurance, a plan that is relatively comprehensive and helps protect against financial ruin. Of course, not everyone agrees with this; some contend that shoppers should be able to continue buying less robust insurance policies and have the option of taking on more financial risk.




Democurmudgeon



ObamaCare saving more money than CBO projected! Dropped policies were also "Junk Policies."

Tuesday, October 1, 2013

‘Protesting Israel’s aggressive policies’: Far-right party promotes anti-Semitic mood in Hungary



Published time: October 01, 2013 15:13



Hundreds of supporters of Hungary’s far-right Jobbik party attend a rally against the World Jewish Congress Plenary Assembly in Budapest May 4, 2013 (Reuters / Laszlo Balogh)



Download video (22.33 MB)



Neo-Nazi sentiments are on the rise in Hungary, where the far-right Jobbik party is enjoying major public support. The European Commission is expressing “great concern” over the rise of anti-Semitic incidents across the EU.


The wave of Anti-Semitism in Hungarian society is “especially shocking” for local Jews, who remember the country’s “very tragic history,” RT’s Aleksey Yaroshevsky reports from Budapest.



“In the 1940s, Hungary’s Jewish community was one of the largest in Europe, but the Nazi invasion changed all that, with more than half-a-million people perishing in the Hungarian holocaust,”
he said.  


The police are expecting more nationalist protests in Hungary’s capital on Tuesday as the city hosts “The Jewish life and anti-Semitism in contemporary Europe,” conference on October 1-2.


International lectures at the event will focus on the causes of anti-Semitism and how to tackle it, as well as offering an analysis of the political, cultural and religious situation of European Jewry.


European officials have sounded the alarm over the increasing number of anti-Semitic incidents across the bloc, pledging to “vigorously oppose the forces of anti-Semitism.”


Gabor Vona, chairman of Hungary


“The European Commission has noted, with great concern, reports of a rise in anti-Semitic incidents in the EU. Anti-Semitism has no place in European society or indeed any society. We are a Union that treasures diversity and protects the rights of individuals to lead their lives as they wish,” Jose Manuel Barroso, European Commission President, said in his letter to European Jewry, written in September.


The rise in anti-Semitism began in the county [Hungary] several years ago. In August 2012, Hungarian fans booed the Israeli national anthem and chanted the names of fascist leaders during a friendly match between the two countries’ national football teams in Budapest.   


Another football game, several months later, saw an attack by hooligans on Ferenc Orosz, the leader of Hungary’s anti-racist Raoul Wallenberg Foundation.


“I heard a bunch of fans chanting Nazi slogan, Sieg Heil. I asked them to stop, but they ignored me. Then after the game they attacked me, one of them hit me in the face and broke my nose,” Orosz said on local television.


The Hungarian Jewish community says that the incident was just one link in a long chain of anti-Semitic and inter-ethnic tensions in the country.


“We keep hearing anti-Semitic slogans and sentiments from inside our parliament and in some of our press,” Andras Heisler, president of the Federation of Jewish Communities in Hungary told RT. “If you remember Nazi Germany, everything also started with rhetoric, then came concentration camps and gas chambers. And in Hungary sometimes this vocal racism sometimes turns into real violence – like the six gypsies, who were killed by a gang of nationalists a few years ago.”


In August, three members of the neo-Nazi gang, who killed six Roma gypsies in a series of planned attacks in 2008 and 2009, were jailed for life, with another perpetrator being handed a 13-year sentence.


Hundreds of supporters of Hungary


In May, The World Jewish Congress even decided to hold its annual event in Budapest to highlight what they believe is escalating anti-Semitism in this Central European state.

“Jews are again wondering whether they will have to leave the country,”
Ronald Lauder, the Congress’s president, said at the time.


Lauder also stressed that the statues of Hungary’s wartime leader during the mass deportation of Jews, Miklos Horthy, erected by several of the country’s small municipalities were sending “the wrong signals.”


The far-right Jobbik party currently is the third-largest in the country. It has previously staged several massive anti-Semitic rallies in the streets of Hungarian cities. 


The party’s leader leader, Gabor Vona, says the protests had nothing to do with racism, but were aimed at drawing attention to what he claimed to be the aggressive policy of Israel.

“Israeli president [Shimon] Peres once said that the only other way to prevail without military action was by economic means,”
Vona explained. “And later he said Israel will invest a lot of money in Hungary. We have been witnessing a huge influx of capital from Israel to our country since then and have tried to find out what was behind it, but the Jewish community called us Nazis and refused to speak to us. That’s why we protested.”

The radical party is planning another major rally for Hungary’s National Day on October 23, inviting everyone, who feels “cheated and humiliated” by the country’s governments of the past 24 years, to take part.  
 
Jobbik made headlines after getting into Hungary’s parliament in 2010, while the country’s economy was ailing. And, judging by opinion polls, they’re looking to strengthen their position after next year’s vote.




RT – News



‘Protesting Israel’s aggressive policies’: Far-right party promotes anti-Semitic mood in Hungary

Friday, September 27, 2013

Keynesianism: Policies of Selfishness, Irresponsibility and Immediate Gratification


Scott Lazarowitz
lewrockwell.com
September 27, 2013


Our fanatically Keynesian President Barack Obama believes that governments should spend money they don’t have and put the country into debt. So he is whining to Republicans to continue raising the debt ceiling so the federal government can continue on its wild spending spree.


And Obama has the nerve to say that the opposing Party’s not wanting to do the President’s bidding by irresponsibly raising the debt ceiling is “extorting” the President. He claims that it is extortion when some of the people’s representatives tell the Dear Leader to stop stealing from our grandchildren!


This Obama person is just as bad as the Bush that preceded him. And the power-grabbers of the Federal Reserve and the banksters are just as dishonest and irresponsible.


But they are merely reflecting the general population now, the selfish, impatient and id-oriented population of America.


And some people are speculating that Janet Yellen, Vice Chairman of the Fed’s Board of Governors, will be picked to be the next Chairman of the Federal Reserve System, replacing Ben Bernanke.


Like Bernanke, Ms. Yellen apparently believes in using the apparatus of government intervention to control economic matters. And she certainly favors Keynesian policies, “easy money” and continuing with the self-indulgent spending habits.


The Economic Collapse Blog’s Michael Snyder notes how Ms. Yellen was totally clueless in 2007, really believing that those artificial housing and other stimulus would be “still likely to achieve a relatively smooth adjustment path.” And then in 2010 she testified that she did not see the meltdown and collapse coming, as the current Fed Chairman, Ben Bernanke, also did not see it coming.


However, those of the Austrian school way of thinking, such as Ron Paul, did see it coming, as I have noted before.


And in response to The Bernank’s recent “no taper” announcement, Ron Paul asked (Preview) , morally what right does Bernanke have “to take away 2% of our purchasing power deliberately? What right does he have to punish the elderly who save money?”


Dr. Paul warned against further destruction of the dollar and malinvestment caused by artificial interest rates.


Actually, as long as any kind of economic activity is artificial, or artificially “stimulated” by monopolistic and unaccountable governmental intrusions, there’s a good chance that that will cause malinvestment.


And the other part of that is the intrusions are coming from some central planner, such as the Fed and its high-and-mighty Chairman or from an act of Congress, for that matter. What you will then have is “planned chaos,” as Ludwig von Mises pointed out.


In contrast, with freedom and free markets consumers and producers are left free to plan their own economic matters. In a system of more freedom and randomness, you have less chaos because such a system is freed from the destructive intrusions of those bureaucratic buffoons and parasites and their “fatal conceit” that guides them.


But sadly, the majority of people in America do not appreciate that freedom, independence and responsibility, in our modern age of decadence and covetousness.


America has become a society in which irresponsibility and immediate gratification are institutionalized, praised and rewarded. And that is exactly what the Keynesian economics of Janet Yellen, Ben Bernanke, Paul Krugman and millions of others promotes.


The truth is, those folks of the Keynesian way of thinking don’t even practice economics — their love is for politics and in strengthening the political class.


You see, at some point private economic matters in America became politicized. And it was the politicians who exploited crises, panics and economic downturns and they then sold a bunch of snake oil to the desperate masses as a means of the politicians grabbing more and more political and police power over the people.


And, coinciding with the decline of critical thinking in America, the politicians’ minions in academia and the Press supported the ideas of deficit spending and promoting debts as a way to get out of recessions and depressions.


Reflecting the mental laziness reinforced by government schooling, it makes the unthinking academics and pundits feel good when they are relieved of having to make any effort in solving the problems that caused those recessions and depressions in the first place, and instead they can just get their monetary meds right away. (Hmmm. Can we get Big Pharma in on this?)


But these kinds of irresponsible, immediate gratification habits are like drug addictions, and like drug addicts the spending addicts put their entire family into the poor house. And this is what the power-grabbing politicians want, encouraging the people to then beg them for  more “easy money” and other wealth-redistribution schemes to bail them out.


As long as they are further enriched and empowered over others, the politicians and bureaucrats get what they crave with each new power-grabbing vote in Congress, just as the Fed’s manipulations empower the banksters to get new money to fund their bonuses while the politicians’ Fed-stimulated inflation steals even more from the people.


However, America’s immediate gratification society can be seen in other areas now. For example, the cops and prosecutors, and “national security” bureaucrats who get away with warrantless searches and stopping and frisking innocent people. Why wait for a judge to sign a warrant? That takes too long. They crave to do their searches immediately. And even when there’s no suspicion of specific individuals they want to search anyway. And why go through the trouble of coming across some actual individual who is suspicious to then do searches of his emails or phone records? Instead let’s search through and collect and keep a database of all Americans’ emails and phone records, and that way we can then find our needle in the haystack.


So that is a current example of the kind of immediate gratification mindset that Americans have developed in many areas of life — not just economic — over the past century, especially since the implementation of the income tax and the Federal Reserve System.


But such behaviors are those of irresponsibility, and only promote the satisfying of one’s immediate desires with total disregard for ethics and for the future (or for the rights of innocent people in the case of the “security” fanatics).


People want “easy money,” and they want it now. (Especially the banksters.) Don’t wait until you have enough money saved or have enough of an income to afford to buy a house — get a loan NOW and get a mortgage now anyway, and get that house. And spend as much as you can on your credit card, and put yourself in debt. Who cares about your family’s future, as long as you get that stuff you want now.


And the banksters want easy money and bailouts, because they know that regardless how irresponsible their lending practices and their investments are (with their customers‘ money, just as Congress is with taxpayers’ money), they are guaranteed by the government to be free from bankruptcy. And they will keep their jobs (while you lose yours).


You see, such a Keynesian mindset is especially thriving in those who want to have some central authority, the Fed or Congress, to act as “stimulator” of the population’s prosperity, and to dish out food stamps and other goodies, as well as artificially-stimulated interest rates and “easy money” (for the banksters).


Sadly, the masses are being fed the false belief that they are benefiting from these government bureaucrats and those monetary central planners like Helicopters Ben and Janet who hand out the easy money like candy.


But, as Lew Rockwell recently noted, it is the State and its agents who are enriching themselves at the expense of everyone else, while the advocates of freedom and independence, such as Ron Paul, are the ones who want the people liberated from the State’s tentacles and from its exploitation of the people’s labor and livelihoods.


It would be easier to get more people to see that, if only they could overcome their long-ingrained habits of short-sightedness, and their blind faith in the State as a savior.


This article was posted: Friday, September 27, 2013 at 10:08 am


Tags: big brother, domestic news, economics









Infowars



Keynesianism: Policies of Selfishness, Irresponsibility and Immediate Gratification

Saturday, February 9, 2013

The 1-penny Sequestration Solution, Brennan defends drone policies, McCain: Grand Inquisitor, Colbert/Clinton huddle with House Dems, Labrador sacks spox, Jail time for Jackson Jr.?

(swong@politico.com or @scottwongDC)

THE ROGERS REPORT: THE 1-PENNY SEQUESTRATION SOLUTION – “Washington is in a swivet these days over across-the-board cuts March 1 that threaten to wreak havoc with domestic agencies and military readiness. But the reality is that if every American were to get one penny less on each dollar of government benefits and pay one penny more on each dollar of taxes, the budget improvement would be almost the same,” David Rogers writes for the hometown paper. Indeed, based on new estimates this week, just a 1 percent increase in revenues and a 1 percent cut in spending would add up to more than $ 800 billion over 10 years — roughly the same as the almost $ 790 billion in appropriations cuts in the March sequester.

“Old budget hands hate such simplistic formulas. But does one across-the-board approach deserve another? And could the March sequester be replaced by such an alternative that would spread the pain more broadly and reduce the disruptions?” http://politi.co/11tF1Jv

DEMS PLOT PLAN TO WIN SEQUESTRATION WAR – POLITICO’s Manu Raju reports: “Senate Democrats are digging in against Republican calls for deeper spending cuts by bringing out some of their favorite punching bags: corporate jets, Wall Street and Big Oil. With the automatic budget cuts in the sequester coming up next month, Democrats hope to vote on an alternative plan to raise taxes on some of their favorite boogeymen in hopes of shifting the blame when the GOP inevitably rejects it. Majority Leader Harry Reid of Nevada, Budget Committee Chairwoman Patty Murray of Washington, Finance Committee Chairman Max Baucus of Montana and Appropriations Committee Chairwoman Barbara Mikulski of Maryland met Thursday to map out their options and plan their public rollout.

– “The Democratic public pressure campaign is expected to begin in earnest next week, starting with President Barack Obama’s State of the Union address on Tuesday and a Senate Appropriations Committee hearing expected Thursday at which senior administration officials will most likely sound the alarm that so-called sequestration cuts would devastate the economy. … Democrats are leaning toward a plan that would be split 50-50 between spending cuts and tax hikes, financed in large part by new taxes on corporate and wealthy taxpayers.” http://politi.co/11tF1sT

– Democrats are confident the GOP will get the blame if the cuts take effect, so much so they’re already eyeing at least 10 Republican-held House seats with strong military connections from Florida to California to target in 2014, POLITICO’s Darren Samuelsohn reports.” http://politi.co/XViFtK

Washington Post, A1, “Brennan defends drone policies … Heated exchange won’t derail confirmation,” By Greg Miller: “A Senate hearing on the nomination of John O. Brennan to serve as CIA director exposed deep skepticism of key aspects of the Obama administration’s approach to fighting terrorism, including its unprecedented reliance on targeted killing and the secrecy it maintains around the exercise of that lethal power. Brennan, who served as the White House’s top counterterrorism adviser for the past four years, was challenged in often blunt terms to explain why under President Obama the number of drone strikes has soared while captures of terrorism suspects have dwindled to single digits. He was prodded to defend the administration’s refusal to provide basic information, including the death toll in drone strikes, and was asked to square his assertion that he opposed the CIA’s use of brutal interrogation measures with not trying to stop them while he was in the agency’s leadership ranks during the George W. Bush administration.

–“The hearing was one of the most heated sessions for a CIA nominee over the past decade …  Brennan delivered a confident and at times combative defense of his record and the administration’s decisions, and emerged from the session on course to be confirmed for the CIA job, perhaps as early as next week. But Brennan, whose opening remarks were interrupted repeatedly by protesters in the audience, also expressed dismay with the way the administration’s actions have been perceived. Defending the drone campaign, he said, ‘We only take such actions as a last resort, to save lives when there is no other alternative.’” http://wapo.st/XrlwL3

– Chairwoman Dianne Feinstein was forced to clear the hearing room after protesters disrupted Brennan’s opening remarks five separate times: http://bit.ly/XZ9GpI

– POLITICO’s Josh Gerstein offers four takeaways from Brennan’s grilling Thursday: 1) Senators were looking for a piñata. 2) Drones are here to stay. 3) The campaign is over, but attacking Obama for leaks is not. 4) Torture remains bitter topic. Read his piece here: http://politi.co/11txiLp

LEAHY, GRASSLEY QUESTION W.H. ON TARGETED KILLINGS  – Senate Judiciary Committee Chairman Patrick Leahy (D-Vt.) and ranking member Chuck Grassley (R-Iowa) have sent a letter to President Barack Obama urging him to share any legal memos on the targeted killings of Americans abroad.  The Senators’ bipartisan request came one day after the Administration’s decision to share classified legal opinions justifying the president’s ability to authorize the targeted killings of American citizens with the Senate and House Intelligence committees.

– “The deliberate killing of a United States citizen pursuant to a targeted operation authorized or aided by our Government raises significant constitutional and legal concerns that fall squarely within the jurisdiction of the Committee,” Leahy and Grassley wrote.  “Given the important constitutional issues implicated by the targeted killing of U.S. citizens by our Government, and given our Committee’s jurisdiction over these issues and the Department, we respectfully request that you direct the Department to promptly provide our Committee with access to unredacted copies of any and all legal opinions drafted by OLC that pertain to the targeted killing of U.S. citizens abroad.” Read the letter here: http://1.usa.gov/14Hwi4k

MENENDEZ DONOR PROBED FOR BILLING MEDICARE FOR TREATMENTS PATIENTS DIDN’T NEED – Jay Weaver and Marc Caputo write on A1 of the Miami Herald: “A South Florida eye surgeon who’s a friend of a U.S. senator is under federal criminal investigation for billing Medicare millions of dollars to treat elderly patients for services they may not have needed, The Miami Herald has learned. Federal agents began investigating Dr. Salomon Melgen last year, sources say, after investigators suspected he overbilled the taxpayer-funded health program by overprescribing a high-priced drug called Lucentis, which is injected into patients’ eyes. Several sources familiar with the doctor’s practice said he used the drug, which costs $ 2,000 a vial, to treat patients with macular degeneration more than any other ophthalmologist in Florida and possibly the country. His high patient volume also raised red flags for investigators, the sources said.  …

– “Melgen, whose lawyers have denied any wrongdoing, finds himself in the middle of two federal investigations: His Vitreo-Retinal eye clinics in West Palm Beach and two other South Florida sites were raided last week by agents with the FBI and the Department of Health and Human Services, who are investigating possible Medicare fraud.  A separate FBI investigation revolves around the doctor’s relationship with U.S. Sen. Robert Menendez, D-N.J., and the trips they took on his private plane to Melgen’s villa at a resort in the Dominican Republic. Melgen donated more than $ 750,000 last year to Menendez’s reelection campaign and other political committees and candidates.” http://hrld.us/V3uWh6 Front-page image: http://bit.ly/Yfc64h

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GOOD FRIDAY MORNING, FEBRUARY 8, 2013, and welcome to The Huddle, your play-by-play preview of the day’s congressional news. Send tips, suggestions, comments, complaints and corrections to swong@politico.com. If you don’t already, please follow me on Twitter @scottwongDC.

My new followers include but are not limited to @RobColeDC and @CWoodyKF.

TODAY IN CONGRESS – Both the House and Senate are out today. The Senate is back at 2 p.m. Monday and will vote at 5:30 p.m. on a series of amendments to the Violence Against Women Act. A vote on final passage could come as early as Monday night.

OFF THE HILL – At 11 a.m., Sen. Ben Cardin, a member of the Finance committee, will hold a town hall with employees at the National Institutes of Health headquarters in Bethesda, Md.

McCAIN: THE GRAND INQUISITOR – Jonathan Allen reports for POLITICO: “It usually takes a lot to rattle the Pentagon’s top brass, but John McCain’s got a knack for doing just that. Since returning to the Senate after his failed 2008 presidential bid, McCain has settled into the role of his party’s chief inquisitor on military issues and foreign affairs, a position that has given him new life as an informal leader among his GOP colleagues. Never has that status been more evident than in his aggressive questioning at three recent hearings on the Sept. 11, 2012, terrorist attacks on America’s consulate in Benghazi and a nearby U.S. facility. On Thursday Martin Dempsey, the highest-ranking military officer in the land, found just how deep McCain’s frustration runs the hard way at an Armed Services Committee hearing on the assault, which killed four Americans, including Ambassador Chris Stevens.” http://politi.co/XVizlZ

OBAMA BLOCKED REBEL ARMS – Adam Entous writes the A1 lead for the Wall Street Journal: A proposal to arm Syrian rebels was backed by the Pentagon, the State Department and the Central Intelligence Agency, but the White House decided not to act on the plan. Defense Secretary Leon Panetta and Gen. Martin Dempsey, the chairman of the Joint Chiefs of Staff, revealed publicly for the first time at a Senate hearing on Thursday that they supported the proposal last year by senior officials including then-Secretary of State Hillary Clinton and then-CIA director David Petraeus. The officials came to favor the plan last year with the meltdown of an international diplomatic initiative to end the Syrian civil war, according to current and former officials involved in the deliberations. The White House stalled the proposal because of lingering questions about which rebels could be trusted with the arms, whether the transfers would make a difference in the campaign to remove Syrian leader Bashar al-Assad and whether the weapons would add to the suffering, the U.S. officials said.” http://on.wsj.com/YJifaW

HOUSE DEMS NEW REALITY: THEY MATTER – Jeremy Peters reports for the New York Times from the retreat in Leesburg, Va.: “After more than two trying years in the political wilderness, House Democrats who gathered here for their annual retreat are starting to appreciate a new political reality that few of them expected: They matter. It is one of the more notable aspects of the current House of Representatives, which is still controlled by Republicans and more deeply partisan than ever. With Democrats now in control of 200 seats, a handful more than they had in the last Congress, and Republicans often sharply split on big issues like spending and taxes, Democratic votes have been decisive in getting major legislation through the House.  Other issues that are equally threatening to Republican unity like gun laws and immigration changes will likely be on the agenda early this year, giving Democrats what they hope will be an even bigger opportunity to play a pivotal role both in shaping legislation and in deciding its fate.

– “So far this year, two major bills — the multibillion dollar Hurricane Sandy aid package and the fiscal compromise that let tax rates on high-earners rise — have made it through the House without a majority of Republicans voting yes. That left Democrats as the ones who provided the needed votes.” http://nyti.ms/UJoMVP

And POLITICO’s Kate Nocera reports that Democrats are fully embracing Obama: “At their retreat in Leesburg, Va., this week, lawmakers positively beamed while listening to President Barack Obama speak on Thursday, erupting into applause and snapping photos with their iPhones. In fact, Obama told them, if House Democrats stick with him, he expects ‘Nancy Pelosi to be speaker again.’ That’s a long way up for a party that was depressed and downtrodden — and is still in the minority after devastating losses in the 2010 elections. Judging by their enthusiasm at the retreat this week, it seems hard to remember the Democrats of two years ago, who viewed Obama as something of a dead weight on their reelection chances.” http://politi.co/11tF08c

– Pelosi will interview comedian Stephen Colbert today at the retreat, while President Bill Clinton will also address House Democrats, The Hill’s Russell Berman reports: http://bit.ly/YJminO

CONGRESS MEMBERS’ KIDS BEHAVING BADLY – Alex Isenstadt reports for POLITICO: “The cases sound like the blotter entries at a busy police station: Assault. Drug possession. DUI. Breaking and entering. Carrying a weapon. Except the alleged perpetrators aren’t your typical troublemakers — they’re the children of members of Congress. One after another in recent weeks has been posing for a mug shot, generating embarrassing headlines and causing their prominent parents plenty of heartburn. In December, Patrick Moran, the 23-year-old son of Rep. Jim Moran (D-Va.), was arrested outside a Washington bar for allegedly slamming his girlfriend’s head into a metal trash can after she confronted him for talking to another woman. … Last month came news of another alleged assault: William Paul, the 19-year-old son of Sen. Rand Paul (R-Ky.), was arrested for allegedly using physical force with a female flight attendant. … Next up was the son of Rep. John Barrow (D-Ga.), James Barrow. Cops found a small amount of marijuana in his car when he was pulled over for speeding. …

– “Lots of parents toss and turn at night, worrying that their kids’ rebellious behavior might cross the line to something worse. As it turns out, members of Congress are no different.  … The rash of recent headlines shines a harsh spotlight inside the political fishbowl — a place where an embarrassing incident that for most families would remain private turns public in a flash.” http://politi.co/XaOIIf

LABRADOR SACKS SPOX AFTER NAUGHTY TWEET – The Idaho Statesman reports: “Immediately deleted: The tweet, ‘Me likey Broke Girls,’ was deleted after 14 seconds. But that was long enough for Phil Hardy to lose his job as Rep. Raul Labrador’s spokesman. Super Bowl ad: The tweet followed a CBS promo featuring Kat Dennings and Beth Behrs, the stars of ‘2 Broke Girls,’ pole-dancing in revealing clothing. The Idaho Republican’s office apologized Monday, saying Hardy mistakenly used Labrador’s Twitter account. Heavy metal background: Hardy worked in the music industry before coming to Idaho. A Labrador aide confirmed the firing, but neither the congressman nor Hardy could be reached for comment.” http://bit.ly/V3xP1u

SNEED: JACKSON JR. PLEA DEAL OFFER INCLUDES ‘SIGNIFICANT JAIL TIME’ – Michael Sneed writes for the Chicago Sun-Times: “Sneed has learned a plea deal is now on the table between former Rep. Jesse Jackson Jr. and federal authorities probing allegations of campaign fund misuse. Sneed is told the plea deal includes Jackson serving time in federal prison. ‘Significant jail time is now definitely a part of the deal,’ said a top Sneed source close to the probe. ‘But I think [Jackson’s wife] Sandi, feels like she was thrown under the bus by her husband,’  now that a separate probe has begun on her, a second source added. Sandi Jackson claims she was stunned by campaign finance abuse disclosures against her husband, who has been treated for mental disorders and allegedly spent $ 40,000 on a Rolex watch purchased with campaign funds. This disclosure follows in the wake of an exclusive report Tuesday by Sneed and Sun-Times political reporter Natasha Korecki, revealing the feds’ financial probe of the once-politically powerful Jackson couple has evolved into two separate investigations, with federal authorities now taking an independent look at former Ald. Sandi Jackson.” http://bit.ly/XsBZgh

SCHUMER: WORKHORSE, SHOW HORSE – Todd Purdum profiles the New York Democrat in Vanity Fair: “In the circus that is the United States Senate, there have always been two kinds of horses, work and show. Like Dr. Dolittle’s pushmi-pullyu, Chuck Schumer is that rarest of two-headed breeds: he is both a show horse and a workhorse. That’s never been a secret to the New Yorkers who’ve followed his career with care (and occasional exhaustion) for more than 30 years now. But it’s become especially apparent in recent weeks as Schumer has emerged as a key figure on the national stage on two of the biggest legislative issues bedeviling Washington and the country: guns and immigration.

– “In the wake of the Sandy Hook shootings, Schumer reached out to Senate colleagues of both parties who have been strong advocates of gun rights—including Joe Manchin of West Virginia, Tom Coburn of Oklahoma, and Mark Kirk of Illinois—to see if there isn’t room for compromise on questions such as tighter background checks, limits on magazine size, or closing the loophole that allows weapons to be sold at gun shows without a criminal background check. Details of their negotiations have been scant, but the mere fact that they are talking is a near miracle. … It’s easy to mock Schumer. He’s the world’s biggest publicity hound, famous for chewing through press secretaries. A standing joke in Washington: What’s the most dangerous place on Capitol Hill? Between Chuck Schumer and a television camera. He is an observant Jew but hardly an exponent of that maxim from the Book of Ecclesiastes, the one about “a time to keep silence.” He is serially monomaniacal, waking each day freshly appalled by some new outrage and vowing to do something—anything—about it. ‘Inaction is perhaps the greatest mistake of all,’ he once said, and he meant it.” http://vnty.fr/VL4Cef

‘BLOOD FEUD’: BACA SEEKS REVENGE IN 2014 – Kyle Trygstad reports for Roll Call: “The first congressional grudge match of the 2014 cycle has launched in California’s Inland Empire. Redistricting, ambition and dynasty politics laid the groundwork there last year for the unceremonious end to former Rep. Joe Baca’s two-decade reign. His fellow California Democrat, freshman Rep. Gloria Negrete McLeod, took advantage of a new top-two primary system and a redrawn district to defeat the six-term incumbent by a remarkable 12 points. But to the surprise of few, the ambitious Baca wants back in, adding a new chapter to what some local observers have dubbed a ‘blood feud’ between the two politicos. Baca, one of seven California incumbents to lose in 2012, blamed his defeat in the vast exurbs east of Los Angeles on $ 3.3 million in outside spending. In the final weeks of the campaign, a super PAC controlled by New York Mayor Michael Bloomberg launched the multimillion-dollar campaign targeting Baca’s conservative record on gun control.” http://bit.ly/VL5PT4

GOP STATE REP. JUMPS INTO MASS. SENATE RACE – Bob Salsberg writes for the AP: “Massachusetts Rep. Daniel Winslow said Thursday he would run in the upcoming special election for the U.S. Senate, giving Republicans a candidate for the seat after former Sen. Scott Brown and other high-profile party members declined to enter the race. Winslow, a one-time judge who served as chief legal counsel in the administration of former Gov. Mitt Romney, announced his decision in a letter to supporters and GOP activists. He said the next two years represent the ‘last, best opportunity’ to fix a ‘runaway federal deficit and crushing federal debt.’” http://bo.st/14HtAvu

THURSDAY’S TRIVIA WINNER – Jim Brewer and Matthew Erwin correctly answered seconds apart that Sen. Kay Hagan (D-N.C.) gained political campaign experience as a child by placing bumper stickers for her uncle, Lawton Chiles, who served as both governor and senator of Florida.  Also, a minor correction: It was David Torre who offered the trivia question.

TODAY’S TRIVIA – David Albert has today’s question: Name the person who succeeded his grandmother in Congress. First to correctly answer gets a mention in the next day’s Huddle. Email me at swong@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/

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POLITICO – Top 10 – Huddle


The 1-penny Sequestration Solution, Brennan defends drone policies, McCain: Grand Inquisitor, Colbert/Clinton huddle with House Dems, Labrador sacks spox, Jail time for Jackson Jr.?