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Home country: USA
Current location: Georgia
Member since: Tue Feb 10, 2004, 01:08 PM
Number of posts: 42,668

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Environmental Scientist

Journal Archives

Thank you Rep. Grayson:Thanksgiving Shouldn’t Be About Wal-Mart, Says Florida Congressman

By David Eldridge

Ah, Thanksgiving: football, parades, turkey and stuffing, Rep. Alan Grayson going after Wal-Mart.

The Florida Democrat, who is one of the retail giant’s biggest critics on Capitol Hill, renewed what has become his annual Thanksgiving tradition Wednesday, taking on Wal-Mart for its treatment of workers.

“Thanksgiving was once a holiday reserved for spending time with our loved ones — families across America gathered around the table to enjoy a meal … and give thanks,” Grayson said in a statement.

“But Thanksgiving’s importance has faded in recent years. The holiday is now merely a precursor to Black Friday — the day in which stores like Walmart slash prices to attempt to generate larger profits for themselves, at the expense of their employees. For Walmart’s corporate owners, Thanksgiving has become ‘Black Friday Eve’ — a day to pry families apart and work employees to the bone for next to nothing in wages.”


T-day Toons

Injustice toons

Toon: The American Justice System

Toon: Why Don't I feel Worse?


Richard Scarry's Busy Town in the 21st Century

Pastor refuses to bury long-time member over lack of tithes

By Rick Couri
HOUSTON, Tx — The daughter of 93-year-old Olivia Blair couldn’t believe it when Fourth Missionary Baptist Church pastor Walter Houston refused to bury her mother.

“It was like the last insult in the world,” Barbara Day told KRIV in Houston. Day said her only wish was for her mother to be buried “in the church that she loved and worshiped all of her life, even as a little girl.”

Day explained her mother was a church member for 50 years but had been sick for nearly a decade, and in a coma for the last 24 months.

Preacher watchdog Tyrone Jacques met with Houston and asked him to reconsider. KRIV writes, in that meeting Houston refused, telling him Blair was, “no longer a member of the church because she had not supported it financially in the last 10 years.”



Nuclear Attack From Aliens Eradicated Life On Mars, Physicist Claims

By Athena Yenko |

The ancient life on Mars was eradicated by aliens armed with nuclear weapons, plasma physicist and an expert in propulsion technologies Dr John Brandenburg believes. He therefore warns that a nuclear attack of this kind will also happen on Earth.

In his paper titled "Evidence of a Massive Thermonuclear Explosion on Mars in the Past, The Cydonian Hypothesis and Fermi's Paradox," Brandenburg concludes that the Earth's interstellar neighbourhood has forces or beings hostile to young, noisy, civilisations like the ones people has on Earth. It is with the same reason that aliens launched a nuclear attack against the ancient life on Mars, he said.

Brandenburg outlined apparent evidence that immense nuclear explosions happened on Mars twice, attacking two sites of the early life -- the Cydonians and the Utopians. He said these two sites were erased by nuclear bombs launched by highly advanced aliens. He said the red colour of the surface of Mars proved that nuclear explosions happened on its surface. Back in 2011, he attributed the red colour with natural nuclear reaction or a nuclear device detonation. However, in his final paper presented during the 2014 Annual Fall Meeting of the American Physical Society Prairie Section in Monmouth, Illinois, he upheld that nuclear attacks from aliens caused the appearance that Mars has today.



That paper presentation would have been something to watch!

US banks are lending to everyone but homeowners

There’s a lot for banks to celebrate in the Federal Deposit Insurance Corp.’s latest quarterly update on the US industry. They’re seeing bigger profits, and the agency suggested more are on the way as lenders put aside less money for bad loans.
Bank loans and leases have reached nearly $8.2 trillion, which means more money for business owners…

…and farmers…

As for consumers, they’re taking on less credit-card debt, though they’ve been more eager and able to take out other loans, for things like cars and education.

Able is a big thing here. Despite super-low interest rates, banks and other kinds of mortgage lenders have pulled way back since the recession, after the market for mortgages without a government guarantee dried up and credit standards tightened considerably. Haggling between lenders and the government have thawed things a bit on that front, but it’ll be a while before we’re back to normal.


The top 400 households got 16 percent of all capital gains in 2010

This is what oligarchy looks like.

In 2010, the IRS reports that the top 400 households — or the top 0.0003 percent, for those of you keeping score at home — took home 16 percent of all capital gains. That's right: one out of every six dollars that Americans made selling stocks, bonds, and real estate (worth more than $500,000) went to the top-third of the top-thousandth percent of households.

It wasn't always thus. Between 1992 and 2005, the top 400 households "only" received an average of 7.8 percent of all capital gains. And, as you might expect, they got more of their money from wages back then — albeit, a still-paltry 13.8 percent — than the 6.4 percent they do today.

What's changed? Well, the housing bust happened, the middle class got scared off stocks at the worst possible time, and the top 1 percent (and really the top 0.1, no the top 0.01, no the ...) have more money to invest than at any time since 1939. Add it all up, and you can see why capital gains have become the ultimate luxury good.

Here's what all that means. In 2005, the housing bubble was in full, heady swing, and there plenty of Miami condos, let alone actual houses, selling for more than the half-a-million-dollar capital gains exclusion on real estate (the first half-a-million in profit is exempt from taxes).



All income needs to be taxed as income, not as separate categories with preferential treatment for some.
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