jimmiller5417's blog

 SHOULD THE U.S. TREASURY PROVIDE BAIL-OUT MONEY OR BAIL MONEY?

New Yorkers were shocked at the headlines of a New York attorney charged with a 380 million dollar swindle. (1) That swindle is one of a long list of financial swindles plaguing the financial market. Now, the U.S. Taxpayers have been and will continue to be swindled by the funding of massive financial failures of some of the nations financial institutions: 

• Billions are loaned to “healthy” bank so they can buy-out, for cheap, “unhealthy” banks, thus consolidating more power among the rich right.

• Money is flowing out of the Federal purse without having conducted deep due diligence to prevent the use of the plunder to cover-up Ponzzi schemes.

 Car Companies, Who's to Blame?By Jack Schultz

Imagine that you had a company that sold the same products all over the world with the same management, labor and dealer network. What if your international operations were making $1.5 billion/year but your USA operations were losing over twice that at $3.3 billion? And, your international competitors were growing sales, making money and continuing to build new plants in the USA, even as you were shuttering plants and firing employees? You wouldn't be able to blame the government for fuel or safety standards since those same competitors have to abide by the same rules that you do. Nor could you look to market share, as your domestic business has a very healthy 22% share compared to only 7% to 17% in your major international markets. Wouldn't you want to try to find the one major factor that differentiates you from your very successful competitors? Wouldn't you want to change it, if you did find it?

Please vote against all Federal funding of “Clean Coal” and support funding of syngas and biochar from biomass. See: http://algaloildiesel.wetpaint.com/page/SYNGAS+AND+BIOCHAR . The exchange of email below demonstrates the that NETL is the captive research agency of the coal industry. The burden of proof of “clean coal” is on the coal industry, not the U.S. Taxpayers. Let the coal industry pay for R & D on clean coal. Please note that the NETL argument about “abundance” of coal is a fraud. By growing biomass; selective harvest of forest slash, dead trees and non-commercial trees; recycled municipal waste, agricultural waste, and growing algae, we will have a tremendous “abundance” of biomass. Extracting coal involves horrendous environmental damage while sourcing biomass does not.

FULL ARTICLE IS AT: http://leaguedemorepub.wetpaint.com/page/WHITEWASH+OF+BLACK+COAL  

THE PRIVATIZATION OF THE UNITED STATES OF AMERICA.

-- the end of a livable country as we might have known it.

By Jim Miller

“It is coming to theaters near you” announces the latest blockbuster thriller movie trailer. The sordid story of Wall Street, a compliant Congress and the assured self-destruction of the “American way of life” -- what ever that meant to you – is at hand. Make no bones about it, this movie had script writers, producers, directors, financiers, actors, props, distribution agents and viewing venues. It even has movie review critics like Naomi Klein and George Monboit (me too).

New York mayor tells agencies to brace for sweeping cuts.

The New York Times (9/24, B1, Barbaro, Santos) reports,