The Real Reason Keystone XL Needs To Run To The Gulf

All these past months I have been on a tirade against the Keystone XL pipeline partly because the dang thing would run thousands of miles across the country…risking any number of fragile local eco-systems…with the resulting fuels exported around the world from the gulf refineries…with only a small group of Americans actually benefiting…with the major [...]

Obama Knows the Keystone XL Pipeline Is An Export Process!

In a short question and answer session with AARP, President Obama readily admits that the fuels refined from oil transported to the gulf through the Keystone XL pipeline will be exported…not used in the good ole USA and won’t hold down the prices of domestic fuels…no matter what the proponents of the pipeline would have [...]

Lee Camp: Who Is This Recovery REALLY Benefiting?? (VIDEO)

Comedian Lee Camp asks a good question: “Who is this economic recover really benefiting?”

Remember That Pesky Federal Deficit? Well It Ain’t What It Used To Be!

Since the recession, the federal deficit has been topping One Trillion Dollars every year. But just three months ago the Congressional Budget Office predicted that the 2013 deficit would be around $845 billion…well that was then, this is now and the CBO is now projecting the 2013 deficit at $642 billion…just 4% of the gross [...]

One of These Things Doesn’t Belong. Or Does it?

 

Markets erode moral values

The Skills Most Entrepreneurs Lack – Bill J. Bonnstetter – Harvard Business Review

 

 

When Capitalism Consumed the Internet

Jaron Lanier: The Internet destroyed the middle class – Salon.com

 

 

Horton’s Who: The Unborn? – ABC News

Yertle the Turtle (ebook) – YouTube

 

 

 

 

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What Does $11.53 Per Hour Mean

Do you have friends or relations who work full time and earn $11.53 per hour? Do you know people who work really hard full time and make less than $11.53 per hour? Do you feel that’s a reasonable full time hourly rate? Is it livable rate?

Now, why am I picking on $11.53 per hour? [...]

Accuracy Matters: The Pain of Imprecision

 

The economic discipline’s all in a buzz over the recent debunking of the Reinhardt/Rogoff study and with good reason. The study’s conclusions form the entire foundation for Conservative austerity and recessional spending (more appropriately, the lack thereof). Shall we not forget the “serious” budgetier Paul Ryan’s insistence of fiscal crisis proven without doubt by [...]

Beijing Consensus or Innovation Economy: From Whence Our Future Comes?

If you haven’t read Joshua Kurlantzick’s editorial highlighting the China Model, it is well worth a look: Why the ‘China Model’ Isn’t Going Away – Joshua Kurlantzick – The Atlantic

Admittedly, I have not read his book from which the editorial is derived. Having said that, I point to the following passage:

“Many Southeast Asian [...]

Canadian Association of Petroleum Producers Comes to Defense of Keystone XL Pipeline

Following an OP Ed Piece in the NY Times by Thomas L Friedman extolling the virtues of not building the Keystone XL Pipeline, Canadian Association of Petroleum Producers Vice President Greg Stringham valiantly rushed to the defense of the pipeline. And he stayed solidly with the company line that the Canadian tar sands oil was [...]

House Speaker John Boehner Throws Representative Paul Ryan Under the Bus or Not?

Speaker of the House, John Boehner continues to hold the line on the policies and positions that helped the GOP lose the election in 2012…saying it wasn’t the policies that the party espouses that are the problem…but the candidates and personalities that the party chose for their ticket! Huh? Isn’t the golden boy of austerity [...]