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I don’t think that this fact can be overemphasized as we have various corporate media and political pundits seek to minimize Occupy Wall Street: We are the richest nation in the world . There is a massive amount of wealth here, enough to keep each and every citizen living at a very comfortable level. The problem is that there is also a staggering income inequality as well, more so than in some third world nations, like Trinidad and Tobago, Mozambique and Tunisia. Again, the richest nation in the country cannot serve its citizens as equitably as Mozambique. In a word: unacceptable. One of the ways that Wall Street has caused this massive shift of wealth strictly to the top 1 percent is in the way corporations have decimated pension funds. Investigative journalist Ellen Schultz wrote the book Retirement Heist: How Companies Plunder and Profit from the Nest Eggs of American Workers to illustrate how these corporations have pulled a reverse Robin Hood and robbed from the working poor to give yet even more to the rich. From the publisher’s description: It’s no secret that hundreds of companies have been slashing pensions and health coverage earned by millions of retirees. Employers blame an aging workforce, stock market losses, and spiraling costs- what they call “a perfect storm” of external forces that has forced them to take drastic measures. But this so-called retirement crisis is no accident. Ellen E. Schultz, award-winning investigative reporter for the Wall Street Journal , reveals how large companies and the retirement industry-benefits consultants, insurance companies, and banks-have all played a huge and hidden role in the death spiral of American pensions and benefits. A little over a decade ago, most companies had more than enough set aside to pay the benefits earned by two generations of workers, no matter how long they lived. But by exploiting loopholes, ambiguous regulations, and new accounting rules, companies essentially turned their pension plans into piggy banks, tax shelters, and profit centers. Drawing on original analysis of company data, government filings, internal corporate documents, and confidential memos, Schultz uncovers decades of widespread deception during which employers have exaggerated their retiree burdens while lobbying for government handouts, secretly cutting pensions, tricking employees, and misleading shareholders. She reveals how companies: Siphon billions of dollars from their pension plans to finance downsizings and sell the assets in merger deals Overstate the burden of rank-and-file retiree obligations to justify benefits cuts while simultaneously using the savings to inflate executive pay and pensions Hide their growing executive pension liabilities, which at some companies now exceed the liabilities for the regular pension plans Purchase billions of dollars of life insurance on workers and use the policies as informal executive pension funds. When the insured workers and retirees die, the company collects tax-free death benefits Preemptively sue retirees after cutting retiree health benefits and use other legal strategies to erode their legal protections. Though the focus is on large companies-which drive the legislative agenda-the same games are being played at smaller companies, non-profits, public pensions plans and retirement systems overseas. Nor is this a partisan issue: employees of all political persuasions and income levels-from managers to miners, pro- football players to pilots-have been slammed. I keep hearing the gatekeepers of the 1 percent telling the rest of us that we’re broke, that we don’t have the money to allow hardworking people the dignity of a retirement they’ve earned. Let’s be clear: this is a huge lie being perpetuated on 99 percent of us so that the 1 percent can keep stealing our hard earned money.

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Once again this past few weeks, the ongoing education debate in the United States occupied the headlines, bylines and cable news scrolls. NBC launched its second annual “Education Nation Summit”, billed as a way “to engage the country in a solutions-focused conversation about the state of education in America”. Meanwhile, President Obama, approaching warp speed on the campaign trail to try to convince us he’s actually the transformational guy from 2008 – as opposed to the chary chap we’ve found running our country since – made a fresh pitch in his weekly radio address for his version of education reform. Obama tied it to the economic future of our country, and discussed waivers to allow states to opt out of provisions of his predecessor’s much-maligned legislation, the No Child Left Behind Act. Of course, the problem is that we’re not having an honest conversation about education in the US, because many of the broader trends degrading our overall political culture are also at work with this issue. Although some people really want to improve the system for our children, there are also those who see our schools as a way to bring about their vision of a 21st-century America – which sometimes looks a lot like 1984. This whole cast of characters will seem familiar – much like that coffee stain you just can’t get out of the carpet, or overacting in a Nicolas Cage movie. First, there is the science-despising Christian Right, who think school is for fairy tales and the teachings of the unimpeachable sources at their weekly snake handling. If their Bible said that gravity didn’t exist, it wouldn’t. If you walked off a building and fell straight to the pavement a la “The Happening”, it would be your fault for a three-martini lunch you had in April of 1996, or for being married as many times as Rush Limbaugh. Don’t fool yourself into thinking these people don’t have a lot of influence. If you don’t believe me, see “Texas Board of Education” and “textbooks”. So is it any wonder, then, that in December 2010 the Organisation for Economic Co-operation and Development released a study showing the US ranking 17th in the world in science and 25th in maths? Just spitballing here, but it would appear that there is this strange relationship between teaching kids maths and science and their learning … maths and science. Who knew? But those who would put “intelligent design” on par with scientific theory are not the only problem. Predatory corporate entities have jumped head-over-heels onto the education-reform bandwagon. It provides numerous benefits to investors – in the form of a huge tax windfall known as the New Markets Tax Credit – realised by investing in the infrastructure of privately owned charter schools. Bonus: There’s always the more-fun-than-foosball opportunity to bash public-sector unions comprised of teachers, which has occurred in states like Ohio and Wisconsin. This is not to say that there are not genuine reformers pushing for positive changes to our education system. I have a friend I knew growing up who came from a working-class section of Staten Island who is passionate about education. He started a charter school in East Harlem that has been thriving. Additionally, I’ve worked with an education expert named Dr Steve Edwards, nationally recognised for his leadership of East Hartford High School in Connecticut. During Edwards’ tenure, violence at the school has dropped by 50 per cent and dropout rates have fallen below two per cent. His firm, Edwards Education Associates (EES), emphasises cultural factors in its programmes to improve schools, such as facilitating communication between teachers, students, administrators and parents, and teaching leadership skills to students that instil them with the confidence to succeed. Overall, EES uses data-driven methods to individually address the myriad different challenges at different public schools. It may not be as sexy as testing – but it works. In fact, to Edwards and his associates, the testing fad that has become as ubiquitous as bad cafeteria food is a faulty one-size-fits-all solution, often leading teachers to “teach to the test”. According to Edwards, “testing should be about 20 per cent of the pie, not 90 per cent as some want it to be. Testing simply can’t capture many significant factors that need to be addressed to turn around schools.” Of course, it doesn’t hurt that whole industries have been erected, much like Roman arches, in homage to the glory that is testing and test preparation – just another reason some in the corporate boardrooms may have suddenly (hallelujah!) seen the light in the school classroom. But here is something with which it is hard to argue. In the Toledo, Ohio public school system, EES worked with 47 high schools out of 61 overall. The ones that hired EES accomplished 75 per cent of the goals set by the district, while the others achieved about 10 per cent of them. Elementary students working with EES reached maths proficiency nearly 50 per cent of the time; those not working with EES accomplished this just five per cent of the time. No, that last one is not a typo. Meanwhile, science proficiency in high school students showed much the same pattern: At high schools that worked with EES, 60 per cent of students were found to be proficient; in other schools, just 35 per cent were proficient. There is a lesson in this, not just for education, but for the political culture that helped spawn its slippery slide downwards. From this issue, to health care, to the environment and beyond, we must repair our fraying culture, and good policy will follow. Only then might we once again become what Puritan settler John Winthrop saw as “a shining city upon a hill”. This column was first published at Al Jazeera English Follow me on Twitter @cliffschecter

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Once again this past few weeks, the ongoing education debate in the United States occupied the headlines, bylines and cable news scrolls. NBC launched its second annual “Education Nation Summit”, billed as a way “to engage the country in a solutions-focused conversation about the state of education in America”. Meanwhile, President Obama, approaching warp speed on the campaign trail to try to convince us he’s actually the transformational guy from 2008 – as opposed to the chary chap we’ve found running our country since – made a fresh pitch in his weekly radio address for his version of education reform. Obama tied it to the economic future of our country, and discussed waivers to allow states to opt out of provisions of his predecessor’s much-maligned legislation, the No Child Left Behind Act. Of course, the problem is that we’re not having an honest conversation about education in the US, because many of the broader trends degrading our overall political culture are also at work with this issue. Although some people really want to improve the system for our children, there are also those who see our schools as a way to bring about their vision of a 21st-century America – which sometimes looks a lot like 1984. This whole cast of characters will seem familiar – much like that coffee stain you just can’t get out of the carpet, or overacting in a Nicolas Cage movie. First, there is the science-despising Christian Right, who think school is for fairy tales and the teachings of the unimpeachable sources at their weekly snake handling. If their Bible said that gravity didn’t exist, it wouldn’t. If you walked off a building and fell straight to the pavement a la “The Happening”, it would be your fault for a three-martini lunch you had in April of 1996, or for being married as many times as Rush Limbaugh. Don’t fool yourself into thinking these people don’t have a lot of influence. If you don’t believe me, see “Texas Board of Education” and “textbooks”. So is it any wonder, then, that in December 2010 the Organisation for Economic Co-operation and Development released a study showing the US ranking 17th in the world in science and 25th in maths? Just spitballing here, but it would appear that there is this strange relationship between teaching kids maths and science and their learning … maths and science. Who knew? But those who would put “intelligent design” on par with scientific theory are not the only problem. Predatory corporate entities have jumped head-over-heels onto the education-reform bandwagon. It provides numerous benefits to investors – in the form of a huge tax windfall known as the New Markets Tax Credit – realised by investing in the infrastructure of privately owned charter schools. Bonus: There’s always the more-fun-than-foosball opportunity to bash public-sector unions comprised of teachers, which has occurred in states like Ohio and Wisconsin. This is not to say that there are not genuine reformers pushing for positive changes to our education system. I have a friend I knew growing up who came from a working-class section of Staten Island who is passionate about education. He started a charter school in East Harlem that has been thriving. Additionally, I’ve worked with an education expert named Dr Steve Edwards, nationally recognised for his leadership of East Hartford High School in Connecticut. During Edwards’ tenure, violence at the school has dropped by 50 per cent and dropout rates have fallen below two per cent. His firm, Edwards Education Associates (EES), emphasises cultural factors in its programmes to improve schools, such as facilitating communication between teachers, students, administrators and parents, and teaching leadership skills to students that instil them with the confidence to succeed. Overall, EES uses data-driven methods to individually address the myriad different challenges at different public schools. It may not be as sexy as testing – but it works. In fact, to Edwards and his associates, the testing fad that has become as ubiquitous as bad cafeteria food is a faulty one-size-fits-all solution, often leading teachers to “teach to the test”. According to Edwards, “testing should be about 20 per cent of the pie, not 90 per cent as some want it to be. Testing simply can’t capture many significant factors that need to be addressed to turn around schools.” Of course, it doesn’t hurt that whole industries have been erected, much like Roman arches, in homage to the glory that is testing and test preparation – just another reason some in the corporate boardrooms may have suddenly (hallelujah!) seen the light in the school classroom. But here is something with which it is hard to argue. In the Toledo, Ohio public school system, EES worked with 47 high schools out of 61 overall. The ones that hired EES accomplished 75 per cent of the goals set by the district, while the others achieved about 10 per cent of them. Elementary students working with EES reached maths proficiency nearly 50 per cent of the time; those not working with EES accomplished this just five per cent of the time. No, that last one is not a typo. Meanwhile, science proficiency in high school students showed much the same pattern: At high schools that worked with EES, 60 per cent of students were found to be proficient; in other schools, just 35 per cent were proficient. There is a lesson in this, not just for education, but for the political culture that helped spawn its slippery slide downwards. From this issue, to health care, to the environment and beyond, we must repair our fraying culture, and good policy will follow. Only then might we once again become what Puritan settler John Winthrop saw as “a shining city upon a hill”. This column was first published at Al Jazeera English Follow me on Twitter @cliffschecter

Continue reading …
Scarlett Johansson Nude Photos: ‘The Avengers’ Trailer Recut By Taiwanese NMA (VIDEO)

We know that, in the upcoming Marvel teamup flick, “The Avengers,” the superheroes are assembled to fight off Thor’s evil brother Loki, who is trying to conquer the world. We know this because Tom Hiddleston, aka Loki himself, told us. The madmen over at Next Media Animation in Taiwan, however, clearly preferred a dirtier evil scheme for the god of mischief. Famous for their ridiculous CGI animation explanations and “reenactments” of current events, the studio put together a new version of the film’s first trailer, which was downloaded by the tens of millions when it came out last week. With Scarlett Johansson co-starring in the film, they decide to insert her nude photos right into the mix, unsurprising given their recent animation highlighting her email hacking problem. In their version, Loki steals the nude photos, broadcasting them to the world — and giving some to President Obama — and then frustrating the Avengers when they try to strike back. They also point out some of the foibles of the rest of the cast, which you can see for yourself in the video. Oh, and reassigning the letters for S.H.I.E.L.D. (which in the movie stands for Strategic Homeland Intervention, Enforcement and Logistics Division), to Scar-jo Hotness Integrity, Enforcement & Logistics Division? Just a shade less than clever.

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Scarlett Johansson Nude Photos: ‘The Avengers’ Trailer Recut By Taiwanese NMA (VIDEO)

We know that, in the upcoming Marvel teamup flick, “The Avengers,” the superheroes are assembled to fight off Thor’s evil brother Loki, who is trying to conquer the world. We know this because Tom Hiddleston, aka Loki himself, told us. The madmen over at Next Media Animation in Taiwan, however, clearly preferred a dirtier evil scheme for the god of mischief. Famous for their ridiculous CGI animation explanations and “reenactments” of current events, the studio put together a new version of the film’s first trailer, which was downloaded by the tens of millions when it came out last week. With Scarlett Johansson co-starring in the film, they decide to insert her nude photos right into the mix, unsurprising given their recent animation highlighting her email hacking problem. In their version, Loki steals the nude photos, broadcasting them to the world — and giving some to President Obama — and then frustrating the Avengers when they try to strike back. They also point out some of the foibles of the rest of the cast, which you can see for yourself in the video. Oh, and reassigning the letters for S.H.I.E.L.D. (which in the movie stands for Strategic Homeland Intervention, Enforcement and Logistics Division), to Scar-jo Hotness Integrity, Enforcement & Logistics Division? Just a shade less than clever.

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Networks Ignore OWS Comedy Gold

Your humble correspondent will be watching Saturday Night Live this evening with great interest. Why? Because despite the Occupy Wall Street protests taking place at Zuccotti Park just blocks away from the studio for over a month, SNL has had only one indirect sketch on that situation despite the overwhelming comedy gold being offered up. Yes, last week SNL had a sketch about Mayor Michael Bloomberg reacting to the OWS protests but it was more of a dig at the mayor than anything else. What makes this really strange is that OWS protests are constantly delivering up an hilarious comedy harvest whether it is the creepy “human echo” at the Occupy Atlanta Protest which kept Congressman John Lewis from speaking or trust fund baby Edward T. Hall III performing a Drama Queen denunciation of wealthy Wall Street yacht owners. These inadvertent comedy videos are quite easy to find on YouTube such as this video (also seen below the fold) posted this morning by the appropriately self-named “f—edupchuck” whom, for reasons of delicacy, I shall refer to as “upchuck.” One positive thing to say about “upchuck” is that he has enough fashion sensibility to know that when you loudly curse out capitalism, a pair of designer Ray Ban Classic Aviator sunglasses, which sell for $139 at Neiman Marcus , is an obligatory eyewear accessory. Also note the many OWS souvenir vendors at Zuccotti Park, one of whom attempted to sell a $10 pin to upchuck. When you are done counting the number of new North Face parkas in that “anti-capitalist” crowd stand by for some incredible comedy gold at the 3:30 mark when upchuck delivers a command perfomance of his OWS dance. So while SNL continues rehashing GOP Presidential Debate skits, the real comedy can be found on YouTube provided by many of the OWS protesters themselves. They may be ignored by the networks but to the folks online, the OWS protests are a treasure trove of YouTube comedy.

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Michele Bachmann may not think her New Hampshire staff has resigned, but the staffers beg to differ. And one of them will be working for Rick Perry’s camp come Monday, reports the Union Leader . The confusing state of affairs: ABC affiliate WMUR reported yesterday that all five of Bachmann’s paid…

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Motorola Xoom will get updated with Ice Cream Sandwich, but when?

Now that Ice Cream Sandwich is real , the inevitable next step is a parade of announcement that certain devices will / won’t experience the latest and greatest flavor of Android. Xoom owners can breathe easy however, as a support forum mod (totally reliable source) confirms Moto will issue an update for its family-friendly tablet , but can’t say when we’ll see it. Feel free to check out our emulator-powered Android 4.0 tablet demo until then , but considering how long it took to slide LTE into those slabs , you should probably grab a Snickers. Motorola Xoom will get updated with Ice Cream Sandwich, but when? originally appeared on Engadget on Sat, 22 Oct 2011 20:15:00 EDT. Please see our terms for use of feeds . Permalink

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What’s the Order? 350-Pound Burger…Pickup!

Is it a sculpture? Is it a piece of furniture? Is it a slider made for Godzilla? It’s none of these things, but a restaurateur in Southgate, Michigan is proud of his creation and wants to retake the Guinness Book of World Records title for the world’s biggest burger. Steve Mallie, owner of Mallie’s Sports

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St. Paul’s Cathedral has seen major crowds: Charles and Diana married here. Alexander McQueen’s memorial service was held here. The queen marked both her Golden Jubilee and 80th birthday with a service here. Still, the famous London landmark can no longer withstand the growing number of Occupy protesters gathering outside…

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