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Open Thread: What We Now Know

Now We Know: Student Debt Passes $1 Trillion Mark

Up host Chris Hayes summarizes the news of the week, including reports that student debt passed the $1 trillion mark and is growing at double the rate of mortgage debt during the height of the crisis.

Share what you have learned this week. Open Thread

On This Day In History April 28

Cross posted from The Stars Hollow Gazette

This is your morning Open Thread. Pour your favorite beverage and review the past and comment on the future.

Find the past “On This Day in History” here.

April 28 is the 118th day of the year (119th in leap years) in the Gregorian calendar. There are 247 days remaining until the end of the year.

On this day, two events occurred involving the South Pacific. Separated by 158 years, one was a mutiny, the other a grand adventure.

Apr 28, 1789: Mutiny on the HMS Bounty (Mutiny on the Bounty): The mutiny  was led by Fletcher Christian against the commanding officer, William Bligh. The sailors were attracted to the idyllic life on the Pacific island, and repelled by the alleged cruelty of their captain. Captain Bligh and 18 sailors were set a drift in the South Pacific, near the island of Tonga. Christian along with some of the mutineers and native Tahitians eventually settled on Pitcairn Island an uninhabited volcanic island about 1000 miles south of Tahiti. The mutineers who remained behind on Tahiti were eventually arrested and returned to England where three were hanged. The British never found Christian and the others. Captain Bligh and the 18 others eventually arrived in Timor.

Years later on 1808. am American whaling vessel discovered the colony of women and children led by the sole surviving mutineer, John Adams. The Bounty had been stripped and burned. Christian and the other 8 mutineers were dead. Adams was eventually granted amnesty and remained the patriarch of Pitcairn Island until his death in 1829.

1947 Thor Heyerdahl and five crew mates set out from Peru on the Kon-Tiki to prove that Peruvian natives could have settled Polynesia. His crew of six fellow Norwegians set sail from Peru on a raft constructed from balsa logs and other materials that were indigenous to the region at the time of the Spanish Conquistadors. After 101 days crossing over 400 miles they crashed into a reef at Raroia  in the Tuamotu Islands on August 7, 1947. Heyerdahl’s book, “The Kon-Tiki Expedition: By Raft Across the South Seas”, became a best seller, the documentary won an Academy Award in 1951. The original raft is on display in the Kon-Tiki Museum in Oslo. Heyerdahl died April 18, 2002 in Italy.

The Good, the Bad and That Dead Fairy

Cross posted from The Stars Hollow Gazette

The Confidence Fairy is Dead but its ghost is still haunting the halls of the European Union countries and the United States, as Herr Doktor notes:

This was the month the confidence fairy died.

For the past two years most policy makers in Europe and many politicians and pundits in America have been in thrall to a destructive economic doctrine. [..]

The good news is that many influential people are finally admitting that the confidence fairy was a myth. The bad news is that despite this admission there seems to be little prospect of a near-term course change either in Europe or here in America, where we never fully embraced the doctrine, but have, nonetheless, had de facto austerity in the form of huge spending and employment cuts at the state and local level.

Krugman also pointed the de facto austerity policy of the Obama administration and Congress have added to the stagnant job market:

Here’s a comparison of changes in government employment (federal, state, and local) during the first four years of three presidents who came to office amid a troubled economy:

Public Employment in 3 Administrations

That spike early on is Census hiring; [..] If public employment had grown the way it did under Bush, we’d have 1.3 million more government workers, and probably an unemployment rate of 7 percent or less.

The job market is taking its toll on consumer spending which will continue to slow down any recovery:

More Americans than forecast filed applications for unemployment benefits last week and consumer confidence declined by the most in a year, signaling that a cooling labor market may restrain household spending. [..]

“There has been some slowdown in the labor market,” said Yelena Shulyatyeva, a U.S. economist at BNP Paribas in New York, who correctly projected the level of jobless claims. “That makes consumers feel less confident, and makes them more cautious about their spending. We could see some weakness in April payrolls.”

And even though the predictions about the housing market have been optimistic don’t be fooled, there is a dark side as falling home prices drag new buyers under water

More than 1 million Americans who have taken out mortgages in the past two years now owe more on their loans than their homes are worth, and Federal Housing Administration loans that require only a tiny down payment are partly to blame.

That figure, provided to Reuters by tracking firm CoreLogic, represents about one out of 10 home loans made during that period.

It is a sobering indication the U.S. housing market remains deeply troubled, with home values still falling in many parts of the country, and raises the question of whether low-down payment loans backed by the FHA are putting another generation of buyers at risk.

As of December 2011, the latest figures available, 31 percent of the U.S. home loans that were in negative equity – in which the outstanding loan balance exceeds the value of the home – were FHA-insured mortgages, according to CoreLogic.

In an interview with The European Nobel Prize winning economist, Joseph Stiglitz said:

…When you look at America, you have to concede that we have failed. Most Americans today are worse off than they were fifteen years ago. A full-time worker in the US is worse off today than he or she was 44 years ago. That is astounding – half a century of stagnation. The economic system is not delivering. It does not matter whether a few people at the top benefitted tremendously – when the majority of citizens are not better off, the economic system is not working… [..]

The argument that the response to the current crisis has to be a lessening of social protection is really an argument by the 1% to say: “We have to grab a bigger share of the pie.” But if the majority of people don’t benefit from the economic pie, the system is a failure. I don’t want to talk about GDP anymore, I want to talk about what is happening to most citizens.

Meanwhile back in Europe with the distinct possibility that French President Nicholas Sarkozy may lose to the Socialist candidate François Hollande, some leaders are getting the message but aren’t ready to give up totally:

Dutch Prime Minister Mark Rutte and Finance Minister Jan Kees de Jager struck a deal with the opposition and got a majority backing on an austerity package to meet the 3 percent budget deficit target in 2013, after seven weeks of talks with Geert Wilders’s Freedom Party failed and led to the collapse of the minority government.

The package increases the value-added tax to 21 percent from 19 percent, doubles the bank tax to 600 million euros ($791 million) and changes the financing of mortgages, De Jager said in a letter to parliament yesterday.[..]

The Labor Party, the Socialist Party as well as the Freedom Party of Geert Wilders didn’t back the agreement. “This is a bad package and the people with a state pension will pay the bill,” Wilders said in parliament.

In an editorial in Bloomberg News, the editors expressed their ideas how European leaders can “boost economic growth in the euro area”:

First, Europe’s leaders must recognize that common deficit rules alone will not guarantee the currency union’s survival. When countries such as Italy and Spain fall into a spiral of shrinking output and rising budget deficits, countries with stronger economies must be willing to help, either by transferring funds or by stimulating their own demand.

Currently, that would mean more German spending. [..] The Bundesbank would also need to live with a little more German inflation than the current 2.1 percent. Higher prices in Germany would help make other euro- area economies and their exports more competitive, reducing both their current account deficits and Germany’s surplus.

Second, the agreement should give Spain and Greece in particular more time to bring down debts piled up over the past 30 years. Requiring them to slash education, research and development, and other budgets will only stunt their future growth potential. To calm markets concerned about Spain’s deficits, the rest of Europe — Germany again — and the International Monetary Fund would have to provide more bailout funds.

Finally, the pact should acknowledge one of the most immediate requirements for a return to economic expansion: Recapitalization of private sector banks so that they can start providing businesses with more credit. Without that, Europe is doomed to anemic growth and a persistent confidence crisis, no matter what documents its politicians may sign.

Stiglitz in his interview makes two important points. First, “The question of social protection does not have to do with the structure of production

It has to do with social cohesion or solidarity. That is why I am also very critical of Draghi’s argument at the European Central Bank that social protection has to be undone. There are no grounds upon which to base that argument. The countries that are doing very well in Europe are the Scandinavian countries. Denmark is different from Sweden, Sweden is different from Norway – but they all have strong social protection and they are all growing.

Hear that, Mr President and Congress? Get your hands off reduction in the social safety net.

And second, that here in the US, “politics is at the root of the problem“:

Most Americans understand that fraud political processes play in fraud outcomes. But we don’t know how to break into that system. Our Supreme Court was appointed by moneyed interests and – not surprisingly – concluded that moneyed interests had unrestricted influence on politics. In the short run, we are exacerbating the influence of money, with negative consequences for the economy and for society. [..]

The diagnosis is that politics is at the root of the problem: That is where the rules of the game are made, that is where we decide on policies that favor the rich and that have allowed the financial sector to amass vast economic and political power. The first step has to be political reform: Change campaign finance laws. Make it easier for people to vote – in Australia, they even have compulsory voting. Address the problem of gerrymandering. Gerrymandering makes it so that your vote doesn’t count. If it does not count, you are leaving it to moneyed interests to push their own agenda. Change the filibuster, which turned from a barely used congressional tactic into a regular feature of politics. It disempowers Americans. Even if you have a majority vote, you cannot win.

The Europeans may well be the “game changers” because the election of their politicians doesn’t hinge on campaign contributions, long drawn out primaries or a rigid two party system that has degenerated into a lack of political choice. We need to kill the fairy once and for all and put governance in the hands of the American people.

On This Day In History April 27

Cross posted from The Stars Hollow Gazette

This is your morning Open Thread. Pour your favorite beverage and review the past and comment on the future.

Find the past “On This Day in History” here.

April 27 is the 117th day of the year (118th in leap years) in the Gregorian calendar. There are 248 days remaining until the end of the year.

On this day in 1805, Naval Agent to the Barbary States, William Eaton, the former consul to Tunis, led an small expeditionary force of Marines, commanded by First Lieutenant Presley O’Bannon, and Berber mercenaries from Alexandria, across 500 miles to the port of Derna in Tripoli. Supported by US Naval gunfire, the port was captured by the end of the day, overthrowing Yusuf Karamanli, the ruling pasha of Tripoli, who had seized power from his brother, Hamet Karamanli, a pasha who was sympathetic to the United States.

Lt. O’Bannon raised the US flag over the port, the first time the US flag had flown over a foreign battlefield. He had performed so valiantly that newly restored Pasha Hamet Karamanli presented him with an elaborately designed sword that now serves as the pattern for the swords carried by Marine officers. The words “To the shores of Tripoli” in the Marine Corps official song commemorate the battle.

Sources:

Wikipedia

About.com  

CISPA: Cybersecurity That Leaves Us All Unsecure

Here we go again with the right to internet privacy and security for the individual being threatened by the government on behalf of corporations. On November 11 last year, the Cyber Intelligence Sharing and Protection Act was introduced in the House by U.S. Representative Michael Rogers (R-MI) and 111 co-sponsors. The bills supposed purpose would allow the voluntary sharing of attack and threat information between the U.S. government and security cleared technology and manufacturing companies to ensure the security of networks against patterns of attack.

What does that mean, you ask? Well, as Rep. Ron Paul (R-TX) explains the bill would allow “both the federal government and private companies to view your private online communications without judicial oversight provided that they do so of course in the name of cyber-security.” Paul calls the CISPA the new SOPA:

CISPA represents an alarming form of corporatism, as it further intertwines government with companies like Google and Facebook. It permits them to hand over your private communications to government officials without a warrant, circumventing well-established federal laws like the Wiretap Act and the Electronic Communications Privacy Act. It also grants them broad immunity from lawsuits for doing so, leaving you without recourse for invasions of privacy. Simply put, CISPA encourages some of our most successful internet companies to act as government spies, sowing distrust of social media and chilling communication in one segment of the world economy where America still leads.

Proponents of CISPA may be well-intentioned, but they unquestionably are leading us toward a national security state rather than a free constitutional republic. Imagine having government-approved employees embedded at Facebook, complete with federal security clearances, serving as conduits for secret information about their American customers. If you believe in privacy and free markets, you should be deeply concerned about the proposed marriage of government intelligence gathering with private, profit-seeking companies. CISPA is Big Brother writ large, putting the resources of private industry to work for the nefarious purpose of spying on the American people. We can only hope the public responds to CISPA as it did to SOPA back in January. I urge you to learn more about the bill by reading a synopsis provided by the Electronic Frontier Foundation on their website at eff.org. I also urge you to call your federal Senators and Representatives and urge them to oppose CISPA and similar bills that attack internet freedom.

This is CISPA (pdf):

  • CISPA could allow any private company to share vast amounts of sensitive, private data about its customers with the government.
  • CISPA would override all other federal and state privacy laws, and allow a private company to share nearly anything-from the contents of private emails and Internet browsing history to medical, educational and financial records-as long as it “directly pertains to” a “cyber threat,” which is broadly defined.
  • CISPA does not require that data shared with the government be stripped of unnecessary personally-identifiable information. A private company may choose to anonymize the data it shares with the government. However, there is no requirement that it does so-even when personally-identifiable information is unnecessary for cybersecurity measures. For example, emails could be shared with the full names of their authors and recipients. A company could decide to leave the names of its customers in the data it shares with the government merely because it does not want to incur the expense of deleting them. This is contrary to the recommendations of the House Republican Cybersecurity Task Force and other bills to authorize information sharing, which require companies to make a reasonable effort to minimize the sharing of personally-identifiable information.
  • CISPA would allow the government to use collected private information for reasons other than cybersecurity. The government could use any information it receives for “any lawful purpose” besides “regulatory purposes,” so long as the same use can also be justified by cybersecurity or the protection of national security. This would provide no meaningful limit-a government official could easily create a connection to “national security” to justify nearly any type of investigation.
  • CISPA would give Internet Service Providers free rein to monitor the private communications and activities of users on their networks. ISPs would have wide latitude to do anything that can be construed as part of a “cybersecurity system,” regardless of any other privacy or telecommunications law.
  • CISPA would empower the military and the National Security Agency (NSA) to collect information about domestic Internet users. Other information sharing bills would direct private information from domestic sources to civilian agencies, such as the Department of Homeland Security. CISPA contains no such limitation. Instead, the Department of Defense and the NSA could solicit and receive information directly from American companies, about users and systems inside the United States.
  • CISPA places too much faith in private companies, to safeguard their most sensitive customer data from government intrusion. While information sharing would be voluntary under CISPA, the government has a variety of ways to pressure private companies to share large volumes of customer information. With complete legal immunity, private companies have few clear incentives to resist such pressure. There is also no requirement that companies ever tell their customers what they have shared with the government, either before or after the fact. As informed consumers, Americans expect technology companies to have clear privacy policies, telling us exactly how and when the company will use and share our personal data, so that we can make informed choices about which companies have earned our trust and deserve our business.
  • On Wednesday the White House Office of Management and Budget issues a lengthy statement in opposition to CISPA and a threat to veto the bill:

  • “H.R. 3523 fails to provide authorities to ensure that the Nation’s core critical infrastructure is protected while repealing important provisions of electronic surveillance law without instituting corresponding privacy, confidentiality, and civil liberties safeguards. […]”
  • “The bill also lacks sufficient limitations on the sharing of personally identifiable information between private entities and does not contain adequate oversight or accountability measures necessary to ensure that the data is used only for appropriate purposes. […]”
  • It would “inappropriately shield companies from any suits where a company’s actions are based on cyber threat information identified, obtained, or shared under this bill, regardless of whether that action otherwise violated Federal criminal law or results in damage or loss of life. […]”
  • And finally, it “effectively treats domestic cybersecurity as an intelligence activity and thus, significantly departs from longstanding efforts to treat the Internet and cyberspace as civilian spheres. […]”
  • “If H.R. 3523 were presented to the President, his senior advisors would recommend that he veto the bill,” OMB
  • said.

    h/t to Joan McCarter at Daily Kos for the summery

    We at The Stars Hollow Gazette and Docudharma strongly oppose CISPA and urge you to contact your Congress person:

    Tell Congress: Keep My Inbox Away From the Government

    and to sign the petition:

    Stop CISPA

    On This Day In History April 26

    Cross posted from The Stars Hollow Gazette

    This is your morning Open Thread. Pour your favorite beverage and review the past and comment on the future.

    Find the past “On This Day in History” here.

    April 26 is the 116th day of the year (117th in leap years) in the Gregorian calendar. There are 249 days remaining until the end of the year.

    On this day in 1986, the world’s worst nuclear power plant accident occurs at the Chernobyl nuclear power station in the Soviet Union. Thirty-two people died and dozens more suffered radiation burns in the opening days of the crisis, but only after Swedish authorities reported the fallout did Soviet authorities reluctantly admit that an accident had occurred.

    The Chernobyl disaster was a nuclear accident that occurred on 26 April 1986 at the Chernobyl Nuclear Power Plant in the Ukrainian SSR (now Ukraine). An explosion and fire released large quantities of radioactive contamination into the atmosphere, which spread over much of Western Russia and Europe. It is considered the worst nuclear power plant accident in history, and is one of only two classified as a level 7 event on the International Nuclear Event Scale (the other being the Fukushima I nuclear incident, which is considered far less serious and has caused no direct deaths). The battle to contain the contamination and avert a greater catastrophe ultimately involved over 500,000 workers and cost an estimated 18 billion rubles, crippling the Soviet economy.

    The disaster began during a systems test on 26 April 1986 at reactor number four of the Chernobyl plant, which is near the town of Pripyat. There was a sudden power output surge, and when an emergency shutdown was attempted, a more extreme spike in power output occurred, which led to a reactor vessel rupture and a series of explosions. These events exposed the graphite moderator of the reactor to air, causing it to ignite. The resulting fire sent a plume of highly radioactive smoke fallout into the atmosphere and over an extensive geographical area, including Pripyat. The plume drifted over large parts of the western Soviet Union and Europe. From 1986 to 2000, 350,400 people were evacuated and resettled from the most severely contaminated areas of Belarus, Russia, and Ukraine. According to official post-Soviet data, about 60% of the fallout landed in Belarus.

    The accident raised concerns about the safety of the Soviet nuclear power industry, as well as nuclear power in general, slowing its expansion for a number of years and forcing the Soviet government to become less secretive about its procedures.

    (Click on image to enlarge) Russia, Ukraine, and Belarus have been burdened with the continuing and substantial decontamination and health care costs of the Chernobyl accident. Thirty one deaths are directly attributed to the accident, all among the reactor staff and emergency workers. A UNSCEAR report places the total confirmed deaths from radiation at 64 as of 2008. Estimates of the number of deaths potentially resulting from the accident vary enormously: the World Health Organization (WHO) suggest it could reach 4,000; a Greenpeace report puts this figure at 200,000 or more; a Russian publication, Chernobyl, concludes that 985,000 excess deaths occurred between 1986 and 2004 as a result of radioactive contamination.

    Decommissioning

    After the explosion at reactor four, the remaining three reactors at the power plant continued to operate. In 1991, reactor two suffered a major fire, and was subsequently decommissioned. In November 1996, reactor one was shut down, followed by reactor three on December 15, 2000, making good on a promise by Ukrainian president Leonid Kuchma that the entire plant would be closed.

    Even after the last reactor shutdown, people continue to work at the Chernobyl plant until reactor units 1, 2, and 3 are totally decommissioned, which is expected to take years. The first stage of decommissioning is the removal of the highly radioactive spent nuclear fuel, which is placed in deep water cooling ponds. However, storage facilities for this are not suitable for long term containment, and those on site do not have the capacity for all the spent fuel from units 1, 2 and 3. A second facility is planned for construction that will use dry storage technology suitable for long term storage and have the required capacity.

    Removal of uncontaminated equipment has begun at unit 1 and this work could be complete by 2020-2022.

    The remains of reactor unit 4 will remain radioactive for some time. The isotope responsible for the majority of the external gamma radiation dose at the site is Caesium-137 which has a half-life of about 30 years. It is likely that with no further decontamination work the gamma ray dosage at the site will return to background levels in about three hundred years. However, as most of the alpha emitters are longer lived, the soil and many surfaces in and around the plant are likely to be contaminated with transuranic metals such as plutonium and americium, which have much longer half-lives. It is planned that the reactor buildings will be disassembled as soon as it is radiologically safe to do so.

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    On This Day In History April 25

    Cross posted from The Stars Hollow Gazette

    This is your morning Open Thread. Pour your favorite beverage and review the past and comment on the future.

    Find the past “On This Day in History” here.

    April 25 is the 115th day of the year (116th in leap years) in the Gregorian calendar. There are 250 days remaining until the end of the year.

    On this day in 1859, ground broken is for Suez Canal

    At Port Said, Egypt, ground is broken for the Suez Canal, an artificial waterway intended to stretch 101 miles across the isthmus of Suez and connect the Mediterranean and the Red seas. Ferdinand de Lesseps, the French diplomat who organized the colossal undertaking, delivered the pickax blow that inaugurated construction.

    Artificial canals have been built on the Suez region, which connects the continents of Asia and Africa, since ancient times. Under the Ptolemaic rulers of Egypt, a channel connected the Bitter Lakes to the Red Sea, and a canal reached northward from Lake Timsah as far as the Nile River. These canals fell into disrepair or were intentionally destroyed for military reasons. As early as the 15th century, Europeans speculated about building a canal across the Suez, which would allow traders to sail from the Mediterranean to the Indian Ocean via the Red Sea, rather than having to sail the great distance around Africa’s Cape of Good Hope.

    The Suez Canal, when first built, was 164 km (102 mi) long and 8 m (26 ft) deep. After multiple enlargements, the canal is 193.30 km (120.11 mi) long, 24 m (79 ft) deep, and 205 metres (673 ft) wide as of 2010. It consists of the northern access channel of 22 km/14 mi, the canal itself of 162.25 km/100.82 mi and of the southern access channel of 9 km/5.6 mi.

    It is single-lane with passing places in Ballah By-Pass and in the Great Bitter Lake. It contains no locks; seawater flows freely through the canal. In general, the Canal north of the Bitter Lakes flows north in winter and south in summer. The current south of the lakes changes with the tide at Suez.

    The canal is owned and maintained by the Suez Canal Authority (SCA) of the Arab Republic of Egypt. Under international treaty, it may be used “in time of war as in time of peace, by every vessel of commerce or of war, without distinction of flag.”

    Construction by Suez Canal Company

    In 1854 and 1856 Ferdinand de Lesseps obtained a concession from Sa’id Pasha, the Khedive of Egypt and Sudan, to create a company to construct a canal open to ships of all nations. The company was to operate the canal for 99 years from its opening. De Lesseps had used his friendly relationship with Sa’id, which he had developed while he was a French diplomat during the 1830s. As stipulated in the concessions, Lesseps convened the International Commission for the piercing of the isthmus of Suez (Commission Internationale pour le percement de l’isthme des Suez) consisting of thirteen experts from seven countries, among them McClean, President of the Institution of Civil Engineers in London, and again Negrelli, to examine the plans of Linant de Bellefonds and to advise on the feasibility of and on the best route for the canal. After surveys and analyses in Egypt and discussions in Paris on various aspects of the canal, where many of Negrelli’s ideas prevailed, the commission produced a final unanimous report in December 1856 containing a detailed description of the canal complete with plans and profiles. The Suez Canal Company (Compagnie Universelle du Canal Maritime de Suez) came into being on 15 December 1858 and work started on the shore of the future Port Said on April 25, 1859.

    The excavation took some 10 years using forced labour (Corvée) of Egyptian workers during a certain period. Some sources estimate that over 30,000 people were working on the canal at any given period, that altogether more than 1.5 million people from various countries were employed, and that thousands of laborers died on the project.

    The British government had opposed the project of the canal from the outset to its completion. As one of the diplomatic moves against the canal, it disapproved the use the slave labor of forced workers on the canal. The British Empire was the major global naval force and officially condemned the forced work and sent armed bedouins to start a revolt among workers. Involuntary labour on the project ceased, and the viceroy condemned the Corvée, halting the project.

    Angered by the British opportunism, de Lesseps sent a letter to the British government remarking on the British lack of remorse a few years earlier when forced workers died in similar conditions building the British railway in Egypt.

    Initially international opinion was skeptical and Suez Canal Company shares did not sell well overseas. Britain, the United States, Austria, and Russia did not buy any significant number of shares. All French shares were quickly sold in France

    NSA: Every Step You Take, We’ll be Watching You

    Cross posted from The Stars Hollow Gazette

    Whistleblower: The NSA is Lying-U.S. Government Has Copies of Most of Your Emails

    National Security Agency whistleblower William Binney reveals he believes domestic surveillance has become more expansive under President Obama than President George W. Bush. He estimates the NSA has assembled 20 trillion “transactions” – phone calls, emails and other forms of data – from Americans. This likely includes copies of almost all of the emails sent and received from most people living in the United States. Binney talks about Section 215 of the USA PATRIOT Act and challenges NSA Director Keith Alexander’s assertion that the NSA is not intercepting information about U.S. citizens

    This interview is part of a 4-part special. Click here to see segment 1, 2, and 4. [includes rush transcript]

    Guests:

    William Binney, served in the NSA for over 30 years, including a time as director of the NSA’s World Geopolitical and Military Analysis Reporting Group. Since retiring from the NSA in 2001, he has warned that the NSA’s data-mining program has become so vast that it could “create an Orwellian state.”

    Jacob Appelbaum, a computer security researcher who has volunteered with WikiLeaks. He is a developer and advocate for the Tor Project, a network enabling its users to communicate anonymously on the internet.

    Laura Poitras, an award-winning documentary filmmaker and producer. She is working on the third part of a trilogy of films about America post-9/11. The first film was My Country, My Country,” and the second was The Oath.

    Influential Senator Warned in 1975: “Th[e National Security Agency’s] Capability At Any Time Could Be Turned Around On The American People, And No American Would Have Any Privacy Left …There Would Be No Place To Hide. [If A Dictator Ever Took Over, The N.S.A.] Could Enable It To Impose Total Tyranny, And There Would Be No Way To Fight Back”

    by George Washington at naked capitalism

    Senator Church’s Prophetic Warning

    Senator Frank Church – who chaired the famous “Church Committee” into the unlawful FBI Cointel program, and who chaired the Senate Foreign Relations Committee – said in 1975:

       “Th[e National Security Agency’s]  capability at any time could be turned around on the American people, and no American would have any privacy left, such is the capability to monitor everything: telephone conversations, telegrams, it doesn’t matter. There would be no place to hide.  [If a dictator ever took over, the N.S.A.] could enable it to impose total tyranny, and there would be no way to fight back.

    Now, the NSA is building a $2 billion dollar facility in Utah which will use the world’s most powerful supercomputer to monitor virtually all phone calls, emails, internet usage, purchases and rentals, break all encryption, and then store everyone’s data permanently.

    The former head of the program for the NSA recently held his thumb and forefinger close together, and said:

       We are, like, that far from a turnkey totalitarian state

    So Senator Church’s warning was prophetic.

    George goes on to extensively discuss:

  • how “the government’s illegal spying on Americans actually began before 9/11″;
  • that the NSA heard the 9/11 hijackers’ plans from their own mouths and did nothing to stop them;
  • the spying isn’t being done to keep us safe, but to crush dissent and to help the too big to fail businesses compete against smaller businesses;
  • and it isn’t only the NSA but other agencies and “shady foreign groups“.
  • This started in the 1970’s during the Ford administration when Dick Cheney and Donald Rumseld pushed for wiretaps without approval by a judge. It has expanded under each successive president, including the present occupant of the White House who was elected after lying about “fixing” FISA and the Patriot Act.

    How to Safe Guard Social Security: Put People to Work & Expose the Lies

    Cross posted from The Stars Hollow Gazette

    In an article for FDL Action, Jon Walker cites a Gallup Poll that there are 150 million people around the world who would immigrate to the United States:

    WASHINGTON, D.C. — About 13% of the world’s adults — or more than 640 million people — say they would like to leave their country permanently. Roughly 150 million of them say they would like to move to the U.S. — giving it the undisputed title as the world’s most desired destination for potential migrants since Gallup started tracking these patterns in 2007.

    The relevant worth of the poll, argues Jon,

    [..] because the annual Social Security Trust Fund report should be released today. As a result there will likely be much hyperventilating about how the Social Security trust fund is projected to run out of money in roughly 25 years, even though continuing payroll taxes would still be able to fund a high level of Social Security payments given current assumptions.

    While the Administrators try hard to make their projections accurate, any very long term projections are inherently going to be somewhat unreliable. Trying to guess how many working Americans there will be and their average incomes in the year 2030 is basically impossible.

    While current demographic trends point in one direction, it is completely possible that at some time in the next decade we could adopt policies that would increase the number of working Americans – and the collection of payroll taxes to support Social Security – well above current assumptions.

    Richard (RJ) Eskow gives us the headlines that we won’t see:

    “Social Security Trust Fund Even Larger Than It Was Last Year”

    “Growing Wealth Inequity Will Lead to Social Security Imbalance Later This Century”

    “For-Profit Healthcare Poses Threat to Medicare, Federal Deficit, and Overall Economy in Coming Decades”

    “Public Consensus Grows For Taxing Wealthy to Restore Long-Term Entitlement Imbalance”

     

    He chastises Stephen Ohlemacher at the Associated Press for touting the  standard doom and gloom spin on the state of Social Security and Medicare with this erroneous headline,  “Aging workforce strains Social Security, Medicare”:

    Ohlemacher’s article was occasioned by the latest report from the Trustees of the fund that handles Social Security and Medicare, which will be released today. He writes that “both programs (Social Security and Medicare) are on a path to become insolvent in the coming decades, unless Congress acts, according to the trustees.”

    Unfortunately the piece provides no context for the use of the term “insolvent,” which most people associate with bankruptcy or running out of funds. As Sarah Kliff explains, nobody is suggesting that either of these programs will ever run out of funds. And when programs have ongoing sources of income, the temporary absence of a surplus isn’t the same as “insolvency” as that term is commonly understood.

    In fact the report will clearly state that Social Security’s Trust Fund has grown to $2.7 trillion dollars, and that Social Security will be able to pay all its benefits in full for a quarter of a century. After that, if no changes are made, it will be able to pay 75 percent of scheduled benefits without changes.

    Nor is the “aging workforce” the cause for any of today’s concerns, despite the millions of dollars in advocacy money meant to make us believe that it is. We’ve known about the baby boom ever since it ended in the 1960’s, and it was fully addressed in past adjustments to the program. That’s why the program was considered perfectly solvent for the foreseeable future after the Greenspan Commission raised the retirement age and made its other adjustments in the 1980s.

    Media Matters points out the how the MSM gives a hand to the “Ponzi” lie ever since Texas Gov. Rick Perry “described the program as a “Ponzi scheme”:

    Social Security is not a Ponzi scheme. People who call it a Ponzi scheme are not “wrong but partially right,” they’re not “called wrong by critics” — they’re just wrong.

    A Ponzi scheme is a criminal endeavor that involves opaque financial dealings that promise investment returns when none or next to none actually exist. Social Security’s finances are crystal clear, and the interest generated by its trust fund is quite real.

    A Ponzi scheme eventually collapses. According to last year’s report, Social Security can continue as it is, paying full benefits for nearly 25 years, and 77 percent of promised benefits thereafter. [..]

    The same false attack is likely to continue as long as newspapers insist on publishing “he said-she said” stories alongside conservative columnists intent on undermining Social Security for ideological reasons.

    These false attacks are reinforced by much read and respected newspapers and on-line news sites who report comments by Social Security critics without ever challenging the reality if the accusations. Conservative hacks, like Charles Krauthammer of The Washington Post  and syndicated columnist, John Stossel, continue to repeat this lie ad nauseum without correction by the editorial boards of their newspapers. Truth and facts merely get in the way.

    As both writers and Media Matters point out, the solution to preserving Social Security and Medicare as we know it, is the increase the number of people in the work force (you know, real jobs), closing the income inequality gap, and either lifting the payroll tax cap or eliminating it altogether making all income subject to the tax. You know simple real solutions, not hand wringing, misleading spin and lies.

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