By Moshe Adler The only way to reduce the uncertainty in our economy right now is to increase taxes. During the Eisenhower years the top tax rate was 91 percent, and there is every reason to return to this rate now. Related Entries December 10, 2010 ‘Left, Right & Center’: Obama in the Middle December 10, 2010 Obama’s Base
Continue reading …Convicted murderer Amanda Knox broke into tears as she made an emotional address to an appeals court in Italy, saying Saturday she is the innocent victim of an “enormous mistake” and that her life had been “broken” by three years in jail. (Dec. 11)
Continue reading …Halutz, who lead army in 2006 Lebanon war says Netanyahu most accountable for Carmel fire. ‘If there was negligence, someone must resign,’ he says
Continue reading …Sen. Sherrod Brown writes an open letter to President Obama about the tax deal he worked out with the GOP: Dear Mr. President, With our economy struggling, our working families hurting, and our deficit crisis worsening every year, we need to take action to create jobs, bolster the middle class, and bring our budget into balance. But the agreement you’ve struck with Senate Republicans is a bad deal. It doubles down on a failed strategy of tax cuts for the super-wealthy that would explode our deficit without strengthening our economy. It’s too high a price to pay for the support of those who have continually refused to put the middle class first. Instead of giving in to obstruction, we should fight it. I am willing to stay in session as long as it takes to overcome a filibuster and extend both unemployment benefits for jobless Americans and tax cuts for the middle class. If our colleagues on the other side of the aisle want to spend their holidays refusing to help working families struggling to enjoy a Christmas of their own unless their wealthy friends get another bailout, let them. Mr. President, I know that you share my desire to pass good economic policies that help working families. But a deal that also includes bad policies that will worsen our deficit and fail to help our economy falls short. By standing our ground and standing strong for the middle class, we can do better. And I urge you to do just that. Sincerely, Sherrod Brown U.S. Senator, Ohio You can co-sign Sen. Brown’s letter here .
Continue reading …Imagine the year is 1942 and the German government runs a news bureau in Washington, D.C. collecting government secrets. Even FDR would have laughed at claims they were actual journalists, locked them up and thrown away the key. He would have been right. There's a huge difference between an individual or an organization reporting abuses in government or business one at a time and the same people stealing enough classified material to run a spy agency. But sleazy Julian Assange and his spy agency WikiLeaks are trying to pretend they are journalists. He even calls himself 'editor-in-chief,' sort of like Mata Hari calling herself H.L. Mencken or the Rosenbergs claiming to be Woodward and Bernstein. Assange even argued in a recent column that 'WikiLeaks coined a new type of journalism: scientific journalism.' As a sign just how far that profession has fallen, many in the media are agreeing with the spin. read more
Continue reading …Britain’s King Edward steps down; Nazi Germany and Fascist Italy declare war on the United States; UNICEF organization launches; ‘Magnum PI’ makes television debut. (Dec. 11)
Continue reading …The military has released video showing the moments just before aa C-17 crashed. Four people were killed in the July incident in Alaska. A pilot’s overly aggressive maneuvering and overconfidence were blamed in an investigative report. (Dec. 11)
Continue reading …In these times, there is clearly no way to make light of our ongoing political miasma. We cannot shrug off the unnecessary suffering that grips so many of our fellow Americans, as we take baby steps towards improving an economy in need of a 400-meter dash. But in the tradition of others who have looked at the bleak social conditions that surround them and the corrupt institutions that seek not to improve things, I give you good satire. From Aristophanes to The Onion , it is this form of political dissent that can often engage people in the goings on of their troubled times. Bruce Kluger (full disclosure, a friend who I am helping promote this book) and David Slavin have released a new book, a 2010 version of Twas The Night Before Christmas , which clearly is capable of just that. It will make you laugh, so you don’t cry. Kluger, satirist extraordinaire of NPR & USA Today , along with the similarly accomplished Slavin, uses this laugh-out-loud tome to point us in the direction of only the latest person to suffer on the altar of “Greed Is Good.” Santa himself : Early this morning, Santa Claus, the jolly icon of the holidays and legendary symbol of Christmas for more than 970 years, was asked to step down from his position as chief manufacturer and distributor of holiday toys and merriment. The announcement was made by a spokesman for GigantiCorp, the private equity firm that acquired Santa’s Workshop earlier this year in a historic leveraged buyout. GigantiCorp went on to announce that Claus will be replaced by “a more cost-effective team of regional Santas” scattered around the globe. So apparently we should have broken up the banks and taxed gazillion-dollar bonuses. Who knew? In any case, this is a hilarious book and a great gift for the holidays for your progressive friends.
Continue reading …In the plenary hall at COP16 last night… video: Adopt a Negotiator That title is a paraphrase of Greenpeace International’s climate policy director Wendel T… Read the full story on TreeHugger
Continue reading …After week-long search, body of 34-year-old Oded Kiblitski found in Cervinia ski resort
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