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Bill USA

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Member since: Wed Mar 3, 2010, 05:25 PM
Number of posts: 6,436

About Me

Quotes I like: "Prediction is very difficult, especially concerning the future." "There are some things so serious that you have to laugh at them.” __ Niels Bohr Given his contribution to the establishment of quantum mechanics, I guess it's not surprising he had such a quirky of sense of humor. ......................."Deliberate misinterpretation and misrepresentation of another's position is a basic technique of (dis)information processing" __ I said that

Journal Archives

M$M is the GOP's ventriloqust's dummy, trying to legitimize the Conservative Alternate Universe

for several years the GOP has been running a perrenial witch hunt they call Benghazi Hearings No. 1, 2, 3, 4, 5, 6, 7, ad infinitum.

While one GOP toady of the Corporate media asked HRC:"Is this the 'real' Hillary Clinton?"

Not one of the M$M grovellers before the GOP have ever asked any of the GOP Inquisitors:

"Is this Benghazi Inquiry no. 1 a REAL search for the truth?"

"Is this Benghazi Inquiry no. 2 a REAL search for the truth?"

"Is this Benghazi Inquiry no. 3 a REAL search for the truth?"

"Is this Benghazi Inquiry no. 4 a REAL search for the truth?"

"Is this Benghazi Inquiry no. 5 a REAL search for the truth?"

"Is this Benghazi Inquiry no. 6 a REAL search for the truth?"

"Is this Benghazi Inquiry no. 7 a REAL search for the truth?"

The M$M television networks are merely the GOP's ventriloquist dummies.

great post. recommended, kicked.

company that raised drug price from $13.50 to $750; CEO was formerly a HEDGE FUND MANAGER!

Drug Goes From $13.50 a Tablet to $750, Overnight

Former Hedge Fund Manager Buys Rights To Drug For Pregnant Women, Increases Price 5500 Percent
A decades-old drug that’s used to treat a common parasite has jumped in price by more than $700, after a pharmaceutical company purchased it and raised the price tag practically overnight — triggering protests from members of the medical community, who say that the treatment may now be out of reach even for patients with insurance coverage.

Daraprim helps treat toxoplasmosis, a parasite that mainly affects pregnant women and other people with compromised immune systems. According to the Centers for Disease Control and Prevention, toxoplasmosis is “a leading cause of death attributed to foodborne illness in the United States,” though it’s typically not dangerous for healthy people.

A start-up company named Turing Pharmaceuticals bought Derapim last month and now has exclusive rights to market the name brand drug, which has been on the market since 1953. Turing, which is run by a former hedge fund manager named Martin Shkreli, quickly upped the drug’s price from $13.50 per pill to $750 per pill.

CBS' Dickerson asks HRC: "Is this the 'real' Hillary Clinton?".. Is Dickerson a real journalist, or

.. just a boot-licking campaign errand boy for the GOP? Did Dickerson ever ask, over the last several years, any of the GOP Benghazi Inquisitioners - of any of the 7 investigations of Benghazi - did he ever ask any of these McCarthyites:

[font color="red"] "Is this a 'REAL' investigation seeking to find the truth about what happened in Benghazi, or is it just a McCarhtyist hounding of Hillary Clinton?"[/font]

.. Come-on Dickerson, tell us how much you enjoy being on your knees, grovelling before the GOP. Here's a question for a real journalist, not you Dickerson: [font color="red"]"What would the GOP do for a campaign if it wasn't for McCarthyism?"[/font]

McCarthyist Witch hunt
There have already been seven investigations, 13 hearings, 50 briefings, and 25,000 pages of documents have been released. But that won't stop Republicans from re-re-re investigating Benghazi as a part of a crass partisan ploy to turn out the far-right base in November.

Face the Nation interview of Hillary Clinton: http://www.cbsnews.com/videos/full-interview-hillary-clinton-september-20/

UN Data Shows That Ethanol is Not Causing Food Price Rises - on no, what to do with the superstition

.. that ethanol increases food prices (even though it decreases Oil prices by adding to the light transportation sector fuel supply!)

UN Data Shows That Ethanol is Not Causing Food Price Rises
(emphases my own)

TORONTO — The UN FAO has released data showing that global food prices have experienced the steepest monthly drop since 2008, casting doubt upon concerns about the impact of ethanol production in food price increases. The recent decline in food prices has coincided with a period of record ethanol production expansion, reaching a high of 94 billion litres in 2014 from 83.5 billion litres in 2012, a 10% increase over this period. This contrast clearly demonstrates that increased ethanol production has not driven up food prices.

The UN FAO Food Price Index averaged 155.7 points in August, down 5.2% from July, representing the steepest monthly drop since December 2008 with virtually all major food commodities registering marked dips. This drop coincides with a fall in crude oil prices in July of 19%, closing at $48.25USD per barrel on July 31.

The Global Renewable Fuels Alliance (GRFA) has for several years argued that the price of oil and energy inputs are the single most influential drivers of food and commodity prices. A number of international institutions including the World Bank, International Energy Agency (IEA) and United Nations Food and Agriculture Organization (UN FAO) have also recognised the strong relationship between oil prices and food prices.

A 2013 World Bank publication, Long-Term Drivers of Food Prices, concluded that almost two thirds of food price increases are caused by rising oil prices. The report states that between 1997-2012 the price of crude oil caused maize and wheat prices to increase by 52 percent and 64 percent, respectively. The report also found that biofuels had a negligible impact on food prices during this period.

Why is the media more interested in Hillary's email than in Jeb's profoundly dishonest tax pitch?


The formative experience of my political life was the 2000 presidential campaign, in which the media mercilessly persecuted Al Gore over a series of trivial exaggerations and now-forgotten pseudo-scandals while giving George W. Bush a pass on the fact that the central premises of his economic agenda were lies.

People too young to remember the campaign may wonder how Bush persuaded the country that budget-busting tax cuts for the richest Americans were the prescription the country needed. The answer is that he simply misdescribed his plan. In speeches, in televised debates, and in advertisements he represented his plan as consistent with a continued budget surplus and as primarily benefiting middle-class taxpayers.

Bush won the election and enacted hundreds of billions of dollars in tax cuts. Surpluses turned into deficits, and the promised economic boom never materialized.

None of this was surprising or unpredictable to anyone who cared to dig into the details. The problem was political reporters had found those details much less interesting than snarking about Al Gore's wooden speaking style and complaining that his "demeanor" was disrespectful during a debate exchange in which Bush repeatedly attacked Gore with bogus math.

High-paying jobs outpacing others in recovery - contrary to the popular lament


A new study concludes that high-paying jobs have grown the fastest in the economic recovery, casting doubt on the widespread lament that low-wage jobs have dominated payroll growth since 2010.

The report, by Georgetown University's Center on Education and the Workforce, says its findings are more accurate than prior analyses that cite a prevalence of low-paid jobs because it evaluated occupations rather than industries.

Based on that measure, nearly 3 million, or 44%, of the jobs added from 2010 to 2014 were high-paying positions with salaries above $53,000. Only 1.9 million, or 29%, of the newly formed jobs were middle-wage ($32,000 to $53,000) and 1.8 million, or 27%, were low-wage (less than $32,000).

"We're not just creating lousy jobs," says Anthony Carnevale, head of the Georgetown center and co-author of the report. "It's more good jobs than bad jobs."

NOTE: nowhere in this post will you find the words "we're in Heaven". That lack notwithstanding, this is good news.

The Arab world’s wealthiest nations are doing next to nothing for Syria’s refugees


The world has been transfixed in recent weeks by the unfolding refugee crisis in Europe, an influx of migrants unprecedented since World War II. Their plight was chillingly highlighted on Wednesday in the image of a drowned Syrian toddler, his lifeless body lying alone on a Turkish beach.

A fair amount of attention has fallen on the failure of many Western governments to adequately address the burden on Syria's neighboring countries, which are struggling to host the brunt of the roughly 4 million Syrians forced out of the country by its civil war.

Some European countries have been criticized for offering sanctuary only to a small number of refugees, or for discriminating between Muslims and Christians. There's also been a good deal of continental hand-wringing over the general dysfunction of Europe's systems for migration and asylum.

Less ire, though, has been directed at another set of stakeholders who almost certainly should be doing more: Saudi Arabia and the wealthy Arab states along the Persian Gulf.

U.S. banks moved billions in trades beyond CFTC's reach - Reuters


Aug 21 (Reuters) - This spring, traders and analysts working deep in the global swaps markets began picking up peculiar readings: Hundreds of billions of dollars of trades by U.S. banks had seemingly vanished.

"We saw strange things in the data," said Chris Barnes, a former swaps trader now with ClarusFT, a London-based data firm.

The vanishing of the trades was little noted outside a circle of specialists. But the implications were big.

The missing transactions reflected an effort by some of the largest U.S. banks - including Goldman Sachs, JP Morgan Chase, Citigroup, Bank of America, and Morgan Stanley - to get around new regulations on derivatives enacted in the wake of the financial crisis, say current and former financial regulators.
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