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Comments »Monthly Archives: December 2012
Small Business Start Ups Decline Drastically for 5th Consecutive Year
“Historically, small businesses have been the primary engine of new job creation in the United States. If the economy was getting healthy, we would expect to see the number of jobs at new businesses rise. Instead, we are witnessing just the opposite. We are told that the economy is supposed to be “recovering”, but the number of “startup jobs” at new businesses has fallen for five years in a row. According to an analysis of U.S. Department of Labor data performedby economist Tim Kane, there were almost 12 startup jobs per 1000 Americans back in the year 2006. By 2011, that figure had fallen to less than 8 startup jobs per 1000 Americans. According to Kane, the number of jobs in the United States at businesses that are less than one year old has fallen from 4.1 million in 1994 to 2.5 million in 2010. Overall, the number of “new entrepreneurs and business owners” has fallen by more than 50 percent as a percentage of the population since 1977. The United States was once known as “the land of opportunity”, but now that is fundamentally changing. At this point we truly do have a “crisis of entrepreneurship” in this country, and that is a huge reason whyAmerica is in decline. We are witnessing the slow death of the small business in America, and that is incredibly bad news for all of us.
Unfortunately, the problems that small businesses are experiencing right now have been building up for decades….”
Comments »REPORT: CONNECTICUT SHOOTING WAS REVENGE KILLING
“Chief Connecticut Medical Examiner H. Wayne Carver has released the names of those killed by 20-year-old Adam Lanza on December 14. Besides proving anew that the lives of far too many innocent people were taken by a cold blooded criminal, the report suggests that the killings were carried out in an act of revenge.
According to the report, Lanza shot the 20 child victims — eight boys and 12 girls — at close range and shot each victim between three and eleven times.
Other reports indicate that Lanza “visited Sandy Hook Elementary the day before [the shooting] and was involved in an altercation with four members of the staff of the school.” Three of those four are now dead.
People who knew Lanza have said his mother expected a lot from him, “that she pushed him really hard to be smarter and work harder in school.” He killed his mother before killing the school staff members he allegedly fought with; he then ultimately took his rage out on the children. “
Comments »On the Matter of Gun Control
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Comments »Obama JOBS Act Helped Big Companies Avoid Transparency
“Legislation that was supposed to help smaller companies go public has aided larger firms to keep financial data out of the hands of investors.
The “Jumpstart Our Business Startups Act” (or JOBS Act) was promoted by President Barack Obama as a way to assist small businesses in their efforts to raise money through IPOs (stock market launches).
The same legislation, though, made it possible for larger companies (those earning less than $1 billion a year) to dodge reporting details about executive compensation and financial histories to the Securities and Exchange Commission.”
Comments »Human Rights Court Concludes that CIA Tortured and Sodomized an Innocent German
“Denied justice in the United States, a German citizen has been vindicated by theEuropean Court of Human Rights, which concluded that American intelligence officials wrongly imprisoned and tortured him.
Car salesman Khaled el-Masri, 49, was abducted on December 31, 2003, by Macedonian authorities after a Central Intelligence Agency (CIA) analyst confused him with an al-Qaeda operative possessing a similar name. After 23 days, he was turned over to the CIA and “severely beaten, sodomized, shackled and hooded,” according to the court’s ruling. The analyst was never punished and was even promoted to head the CIA’s Global Jihad unit.
Masri was transferred to Afghanistan, where he spent more than four months in prison before the CIA agents realized their mistake. On May 28, 2009, he was flown to Albania and left by the side of a road.”
Comments »Patriot Missiles in Turkey Threaten “World War:” Iran Army Chief
“(Reuters) – The planned deployment of NATO Patriot missiles along Turkey’s border with Syria could lead to a “world war” that would threaten Europe as well, Iran’s military chief of staff was quoted as saying on Saturday.
Turkey asked NATO for the Patriot system, designed to intercept aircraft or missiles, in November to help bolster its border security after repeated episodes of gunfire from war-torn Syria spilling into Turkish territory.
General Hassan Firouzabadi, the Iranian armed forces chief, said Iranwanted its neighbor Turkey to feel secure but called for NATO not to deploy the Patriots in its easternmost member state, which also bordersIran.”
Comments »Speaker John Boehner Itches Millionaire Tax Hike
“Speaker John Boehner has proposed allowing tax rates to rise for the wealthiest Americans if President Barack Obama agrees to major entitlement cuts, according to several sources close to the talks.
It is the first time Boehner has offered any boost in marginal tax rates for any income group, and it would represent a major concession for the Ohio Republican. Boehner suggested hiking the Bush-era tax rates for top wage earners, including those with annual incomes of $1 million or more annually, beginning Jan. 1, two sources said.”
Comments »DIANNE FEINSTEIN: l’m Ready To Introduce An Assault Weapons Ban Bill On The First Day Of Congress
“U.S. Sen. Dianne Feinstein (D-CA) said Sunday that she will introduce an assault weapons ban bill on the first day that the new Congress begins this January.
“I’m going to introduce in the Senate, and the same bill will be introduced in the House — a bill to ban assault weapons,” Feinstein said on NBC’s “Meet the Press.”
Comments »Newton CT Church Evacuated for Bomb Threats
St. Rose of Lima, a Roman Catholic Church in Newtown, Conn., has been evacuated after a reported bomb threat on the church during a noon mass. It comes just two days after an attack on Sandy Hook Elementary School
Comments »Injured U.S. soldier dies after IED attack in Afghanistan
LANDSTUHL, GERMANY (BNO NEWS) — A U.S. soldier from New York who was injured in a bomb blast in southern Afghanistan earlier this month has died of injuries while undergoing treatment in Germany, the U.S. Defense Department announced on Saturday. It raises the number of foreign troops killed in Afghanistan so far this year to 394.
Staff Sgt. Nicholas J. Reid, 26, of Rochester, New York, was injured on December 9 when insurgents attacked his unit with an improvised explosive device (IED) in Sperwan, a village in Kandahar province in Afghanistan’s volatile south. He was flown to Landstuhl Regional Medical Center in Germany where he died of his injuries on Thursday.
Comments »Man Arrested For Plotting To Shoot Up High School, Same Day As CT Shooting
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A student from Oklahoma is in custody on charges of plotting to bomb and shoot students at the Bartlesville High School auditorium on the same day that more than two dozen people were shot and killed at an elementary school in Connecticut.Police arrested 18-year-old Sammie Eaglebear Chavez at about 4:30 a.m. Friday after learning of the alleged plot Thursday, the Associated Press reported.
An arrest affidavit says Chavez tried to convince other students to help him lure students into the auditorium, where he planned to chain the doors shut and start shooting.
Shots Have Been Fired In A Mall In California!
Comments »NEWPORT BEACH, Calif. (AP) — Police have taken a suspect into custody after shots were fired at aSouthern California shopping mall, forcing a lockdown of stores. It did not appear anyone was hurt.
Newport Beach police Sgt. William Depweg said shots were fired in the area of a Macy’s department store at the Fashion Island mall Saturday afternoon.
Depweg said someone was taken into custody, and there were no known victims.
There were no further details immediately available.
Several shoppers tweeted that they were kept inside stores in the open-air mall after gunshots were heard.
Report: Connecticut Killer Tried To Buy Rifle This Week, But Was Denied
Visit NBCNews.com for breaking news, world news, and news about the economy
Comments »The Crisis for American Labor
“American labor is in crisis. This is no news to people who have been paying attention—the passage of Michigan’s ‘right to work’ bill last week makes it the 24th state to join the race to the bottom. What appears to be less well understood is how poorly the broad workforce is doing relative to the corporate economy. Private employers—corporations, are seeing rapidly rising profits and the share of corporate revenues that shows up as profits is the highest in history. This is coincident with labor seeing its lowest share in history. As the Economic Policy Institute (EPI) illustrates, this trend dates back to the 1970s.
To be clear, there is no shortage of corporate revenues behind the decline in labor’s share. Corporations and the plutocrats who own them are taking the profits for themselves. The richest 1% of Americans own 40% of the stock market and the richest 10% owns 80%. The same concentration can be seen in the ownership of ‘non-public’ corporations (those that don’t issue stock). Federal, state and local policies that have benefited corporations and diminished the economic power of labor, such as ‘right to work’ laws, are redistributing wealth from labor to capital. This has been bi-partisan political practice in the U.S. since the 1970s.
Western mythology has it that capitalism works because entrepreneurs take economic risk to build corporations from nothing. The second order mythology is that highly educated managers keep business competitive through innovation—the development and adoption of new processes and technologies, while keeping labor at the minimum levels consistent with maximum productivity. The facts are that large, connected corporations that have existed for decades earn most of the profits in dispute. And corporate executives—paid managers, have helped themselves to ownership in these corporations through the granting of stock options. Contrary to both mythology and capitalist theory, labor now takes nearly all of the economic risk while benefits accrue to executives.
The question making the rounds in the economic mainstream at present—Robots or Robber Barons?, requires strict adherence to the utterly irrelevant for some decades now to even be a question—is technology or the diminishment of labors’ power responsible for rising corporate profits and wealth concentration? And while I do have some sympathy for the complexities, one ‘model’ I put forward is the unrelenting, systematic effort by connected capitalists and their servants in Federal, state and local government to boost the power of capital while diminishing that of labor, broadly defined. If one were to begin with this set of facts and infer the likely consequences they might be—rapidly rising corporate profits, increasing concentration of wealth, rising insecurity amongst workers and increasing corporate / plutocrat control of government.
But simply asserting these outcomes is isn’t enough. The explanation circling official Washington, and coincidentally the party line of the Mergers and Acquisitions (M&A) folks on Wall Street for the last thirty years, is that the miserable state of American labor is due to workers being replaced with technology—either allowing fewer workers to do work formerly done by many or through ‘robotics’ that replaces human beings in manufacturing with machines. Evidence of this trend is provided in the difference between ‘productivity,’ total output divided by the quantity of labor that went into producing it, and what labor is paid. Since the 1970s productivity has increased in a near straight line (see EPI graphs, link above), while the compensation paid to labor has stagnated….”
Comments »Inflationary Deflation
http://www.scribd.com/doc/116141019/Thunder-Road-December
Comments »Police Find “Good Evidence” on Motive for Connecticut School Massacre
“(Reuters) – Investigators have found “some very good evidence” to explain what drove a 20-year-old gunman to slaughter 20 children and six adults at an elementary school in the small Connecticut town of Newtown, the site of one of the worst mass shootings in U.S. history, an official said on Saturday.
The attacker, identified by law enforcement sources as Adam Lanza, opened fire on Friday morning at Sandy Hook Elementary School, which teaches children aged 5 to 10. He is suspected of killing 26 people at the school before turning the gun on himself, as well as killing one other person at another nearby site.
“Our investigators at the crime scene … did produce some very good evidence in this investigation that our investigators will be able to use in, hopefully, painting the complete picture as to how – and more importantly why – this occurred,” Connecticut State Police Lieutenant Paul Vance told a news conference.
Vance did not describe the evidence but did say the shooter forced his way into the school, as opposed to being let in.”
Comments »Central Bank Activity and a Course for Disaster
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Comments »Will We Learn Anything from the CT Mass Murdering of Innocence ?
Have you noticed that the only time we as a nation join in solidarity is when a tragic event occurs ?
From politics to sports we are generally at each others throats, at least verbally speaking. In some cases like when you see sporting events in Philly there will be more than just the occasional outbreak of violence over a stupid fucking game.
Is it in our nature to be like this ?
Can we not set aside chemically driven emotions to be more united as a country? As a world?
The tragedy of the school shooting in CT should be a marker for society to become more unified. Not for gun control or other political agenda, but for the sake of the nation.
Let’s face it, if you wish to conquer then it is wise to divide.
Our nation is so divided that we as a people can not get anything done unless it is by force , coercion, and spin doctor politics inserting laws within bills.
While i hold hope for this nation to rise above partisan politics, generated fear, greed, hatred, racism, and nation wide me-me attitude; I also harbor anxiety over the fact that things can spin out of control quickly.
If anything is to be learned from this tragic event, it is simply the fact that being a splintered society in every category known to man’s existence will only breed more opportunity for our nation and the world to crumble from within.
Solidarity can not prevent such an occurrence from happening, but it can bring forth a society that exudes love and humanity over greed, power, and money.
Solidarity from the start may help to prevent such weak minds from going astray.
If you enjoy a world of greed, disregard for humanity, and a society filled with glib, self serving, pie hole stuffing non empathetic life forms then continue as usual.
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President Obama Declares a Call to “Action to Prevent More Tragedies Like This Regardless of the Politics”
[youtube://http://www.youtube.com/watch?v=OPBsJF4xgJk 450 300]
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