Monthly Archives: September 2012

Will Computers and Autos Doom Us?

Today the New York Times told in a front page article about an little known but huge problem in the spread of global warming: the computer industry.  So much data is being used and stored that data centers take up … Continue reading

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Surprising Report: Lifespans Shrinking for Some in U.S.

“So it’s more unequal in the U.S.”, they say.  “It’s all relative.  People on the bottom may not be rich, but they have more than….yada, yada, yada”. Today the New York Times lead article was a shocker.  The least educated Americans … Continue reading

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They Dare Say the “E” Word

Sept. 19   Interesting piece on the New York Times, “Is Poverty a Kind of Robbery?”  It’s a report about a conference at Yale where the profs took an unusual position.  Instead of looking down their noses about all the things … Continue reading

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The Stock Brokers Relief Act

Sept. 15.  So with all the bad news about jobs and poverty the Federal Reserve (the U.S.central bank) will try what it’s tried twice before, creating credits out of thin air and buying bonds.   It will buy mortgage (housing) bonds at … Continue reading

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Welcome to 1996

The government Census Bureau reported that average family income fell to $50,054 last year.  We haven’t been that low since 1996. The number of poor didn’t rise.  Justin Wolfers, a professor of economics and public policy at the University of … Continue reading

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U.S. Jobs Creation = #Fail and #TheAlternative

September 7.  Even the capitalists admit it.  The drop in the so-called “unemployment rate” from 8.3 to 8.1% isn’t really good news.  It’s all because workers have given up and hundreds of thousands more are answering surveys with the words … Continue reading

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“Food-Insecurity” Means Hunger

September 5.  A U.S. government report on “food insecurity” from the Agricultural Department says the number with that problem went up by 800,000 last year.  What is “food insecurity”?  It means hunger. It’s people who repeatedly run short of funds for … Continue reading

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The Myth of the “Job Creators”

September 4.  Good piece on Op-Ed news.  It’s by Paul Buchheit and is called “Labor Day Without Jobs”.  The part I liked the most was how he exploded the myth that we have to slash taxes on rich people so … Continue reading

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