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yurbud

yurbud's Journal
yurbud's Journal
October 14, 2013

Divestment Campaign against fossil fuels growing fast, says study

It's tough to pepper spray, arrest, do a media blackout on a strategy like this.

Investors aren't just listening to the bobbleheads on network news. We can actually do a lot to influence this by persuading our retirement funds to divest from companies working against our interests, especially if you belong a public employees retirement system.

For teachers, this is exactly the approach we need to take the wind out of the sails of the corporate education reformers, and we need to start before it's too late.


Campaign against fossil fuels growing, says study
Investors being persuaded to take their money out of fossil fuel sector, according to University of Oxford study

Damian Carrington
The Guardian, Monday 7 October 2013

A campaign to persuade investors to take their money out of the fossil fuel sector is growing faster than any previous divestment campaign and could cause significant damage to coal, oil and gas companies, according to a study from the University of Oxford.

The report compares the current fossil fuel divestment campaign, which has attracted 41 institutions since 2010, with those against tobacco, apartheid in South Africa, armaments, gambling and pornography. It concludes that the direct financial impact of such campaigns on share prices or the ability to raise funds is small but the reputational damage can still have major financial consequences.

"Stigmatisation poses a far-reaching threat to fossil fuel companies – any direct impacts of divestment pale in comparison," said Ben Caldecott, a research fellow at the University of Oxford's Smith School of Enterprise and the Environment, and an author of the report. "In every case we reviewed, divestment campaigns were successful in lobbying for restrictive legislation."

The report is part of a new research programme on stranded assets backed by Aviva Investors, HSBC, Standard & Poor's and others. It found: "The fossil fuel campaign has achieved a lot in the relatively short time since its inception."

http://www.theguardian.com/environment/2013/oct/08/campaign-against-fossil-fuel-growing
October 11, 2013

NORM SOLOMON: Google quietly joins ALEC

Roots Action has a petition to tell Google and other internet firms to get out.
In the mean time, can anyone suggest some OTHER search engines to use instead of Google?

NOTE: This article must be getting a lot of traffic because it took a while to load even though it's not image heavy or anything of the like, so be patient.

Quietly, Google has joined ALEC -- the American Legislative Exchange Council -- the shadowy corporate alliance that pushes odious laws through state legislatures.

In the process, Google has signed onto an organization that promotes such regressive measures as tax cuts for tobacco companies, school privatization to help for-profit education firms, repeal of state taxes for the wealthy and opposition to renewable energy disliked by oil companies.

ALEC’s reactionary efforts -- thoroughly documented by the Center for Media and Democracy -- are shameful assaults on democratic principles. And Google is now among the hundreds of companies in ALEC. Many people who’ve admired Google are now wondering: how could this be?

***

McChesney adds: “Any qualms about privacy, commercialism, avoiding taxes, or paying low wages to Third World factory workers were quickly forgotten. It is not that the managers are particularly bad and greedy people -- indeed their individual moral makeup is mostly irrelevant -- but rather that the system sharply rewards some types of behavior and penalizes other types of behavior so that people either get with the program and internalize the necessary values or they fail.”

http://www.normansolomon.com/norman_solomon/2013/10/google-doing-evil-with-alec.html
October 10, 2013

IF Dems win in 2014, what should they do that would help US the most and help them in 2016?

They have a chance of clearing the table in 2014, but by being too corporate compliant, they could blow their chances for 2016, and screw the rest of us too.

What are some bold moves they could make if they have the House, Senate, and White House that would do the most good, politically and in the real world?

October 10, 2013

Dems could win both chambers of Congress in 2014--how do we keep corp Dems from blowing it?

The little daylight between the corporate wing of the Democratic Party and Republicans is probably what led to Dems losing the house in 2010.

For some core constituencies like teachers, even though we know the Dems are better than republicans, the "put corporate profits ahead of teachers and students" approach to education reform makes us feel like idiots for doing much work for them it's like your only choice is between dating someone who beats you with a baseball bat and someone who only beats you with their fists.

The corporate wing could blow this in two ways:
1. putting up candidates who don't highlight their differences with the GOP and instead try to co-opt their agenda

2. Getting elected but then going corporate once in office, dampening Democratic prospects for 2016

Far more importantly, besides making the horse race unnecessarily close, either option will hurt most of us A LOT.

We can't afford another Democratic president or members of Congress who make Nixon look like a socialist.

What can we do?

October 9, 2013

How do we overcome these two obstacles to real democracy?

1. As Mayer Rothschild said, "Give me control of a nation's money and I care not who makes it's laws," bankers have an effective veto over our democracy and can dictate policy to both major parties in the US and even the social democracies of Europe.

How can we make banks subordinate to democracy instead of vice versa?

2. How can we have representative government that isn't subject to corruption by lead or gold? That is, or representatives can be bribed or threatened (and the threats acted on if they don't comply) into doing other than what is in our best interest. The very wealthy have one or two other tricks they can use at election time too: ridicule in the media or simply having the media ignore candidates regardless of how popular they are with the public.

Campaign finance reform only partially addresses the gold part--jobs after politicians leave office as lobbyists, CEO's, and do nothing board members are also a financial carrot the rest of us can't match even if we could theoretically scrape together the money to match the donations of the wealthy.

October 8, 2013

Why isn't debt limit AUTOMATICALLY raised when Congress votes to spend more than they tax?

When I finally heard an explanation of the debt ceiling that made any kind of sense, this was my first thought.

HOW can you tell someone to spend money they don't have but not allow them to borrow it either?

Maybe we need something like the opposite of sequestration: if Congress doesn't pass taxes to pay the bills or raise the debt limit, a tax increase (preferably on those who can afford it most) will automatically be enacted to make up the difference.

September 30, 2013

RAVITCH: Bill Gates: "We Won’t Know for a Decade Whether Our Ideas {for public education} Work"

It's hard to think of a better example that our education policy has been as corrupted by big campaign donors as our economic, trade, and foreign policy.

Bill Gates has money to spend, so politicians will force whatever idea he pulls out of his ass on public school teachers and kids.

If he really thinks he knows how to run schools, he should open up some entirely private ones, and see how many paying customers he'll get.

The federal government, fully on board with the Gates idea, now has almost every state following agates' plan. As Valerie Strauss points out on her blog, Gates now says that it will take about a decade to determine whether his latest hunch actually works.

So far, it has failed to produce a reliable metric or results anywhere. So far, it has failed wherever it was tried, and billions of dollars have been wasted.

In the meanwhile, real teachers are being fired and losing their livelihood based on Gates' latest bigidea. Strauss writes: "Hmmm. Teachers around the country aresaddled every single year with teacher evaluation systems that his foundation has funded, based on no record of success and highly questionable “research.”

And now Gates says he won’t know if the reforms he is funding will work for another decade. But teachers can lose their jobs right now because of reforms he is funding.

http://wp.me/p2odLa-61u
September 30, 2013

the Wall Street take over of public education

In reviewing Diane's Ravitch's book
Reign of Error on the corrupt corporate take over of public schools and what real reform would look like, this reporter summed up what they reformers want, why, and what it will and is actually doing to public schools pretty well.

We have to take education policy out of the hands of the sociopaths who broke our economy, gambled with our mortgages, stole private employee pensions and working to steal public employee pensions, and would like to steal our Social Security too.

The financial sector's behavior in the last ten years alone is reason enough to keep them miles away from our children.

School privatization is an attempt to replace the current system of neighborhood public schools with a market-based system where parents choose their child's school, public or private, paid for with tax dollars.

The political advantages for conservatives are obvious. Privatizing education directs huge sums to profit-making entrepreneurs who become campaign donors. It sends money and students to church-run schools, something religious conservatives relish. And it cripples the progressive activism of teachers unions who are the chief lobbyists for public education.

***

After years of experiments in vouchers and for-profit charter schools, including in Florida, Ravitch dives into the evidence and finds that they don't provide a significant boost in learning for low-income students. Harm, though, comes to public schools, our nation's great democratizing institution. They lose vital funding and community support.

http://www.tampabay.com/opinion/columns/blumner-schools-arent-really-failing/2144202
September 26, 2013

A possible unintended side effect of Obamacare

California has set up their exchange and has a calculator to show what your premiums would be if you used it to get your insurance.

My family is currently covered through my job, though if my wife lost her job, I'd have to pay quite a bit to cover her and my daughter with my job's insurance.

So I was curious to see what the exchange would cost.

I plugged in our numbers and got about $1200 a month for the three of us for the gold coverage (the ones below that had such high deductibles it wouldn't make sense for us).

I had two reactions to seeing that number:

1. That is significantly cheaper than it would cost to get covered in the past (I've checked).

2. It's still a hell of a lot.

That second reaction is the one I'm wondering if more people won't have.

Since most people get their insurance through their job, they probably have no idea what the total cost of their coverage is.

I've worked with my union local, and the only time I felt the least bit sympathetic for management was when I heard how much health insurance costs went up every year.

I think a lot of people will appreciate the lower cost, but after the initial gratitude wears off, I wonder if they won't be a bit critical of the total number and ask if their isn't a way to reduce it further--like taking the for-profit leeches out of the equation altogether.

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