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marmar
marmar's Journal
marmar's Journal
March 5, 2012
http://www.detroitnews.com/article/20120305/METRO/203050385/1478/rss
Ann Arbor— An Ann Arbor medical marijuana panel wants the city's lawyers to go easy on pot dispensaries.
In a letter to the mayor and city council, the board says dispensaries are providing a critical service in Ann Arbor. AnnArbor.com reports that the board is trying to license dispensaries while city lawyers are questioning whether they should be in business.
The Michigan appeals court last year said state law doesn't allow medical marijuana dispensaries, which typically are shops where people buy and sell pot. Some communities have cracked down since the court decision, but others have taken a hands-off approach. The Michigan Supreme Court is considering whether to take the case. .....................
Panel: Ann Arbor should embrace medical pot shops
http://www.detroitnews.com/article/20120305/METRO/203050385/1478/rss
Ann Arbor— An Ann Arbor medical marijuana panel wants the city's lawyers to go easy on pot dispensaries.
In a letter to the mayor and city council, the board says dispensaries are providing a critical service in Ann Arbor. AnnArbor.com reports that the board is trying to license dispensaries while city lawyers are questioning whether they should be in business.
The Michigan appeals court last year said state law doesn't allow medical marijuana dispensaries, which typically are shops where people buy and sell pot. Some communities have cracked down since the court decision, but others have taken a hands-off approach. The Michigan Supreme Court is considering whether to take the case. .....................
March 5, 2012
SYDNEY (MarketWatch) — The ability of China to support the seriously compromised global economic and financial system is overestimated. The unsound foundations of Chinese economic and financial strength have been largely ignored. But then all food tastes good to the starving man.
In the first phase of the global financial crisis, China was badly hit, with growth slowing and lay-offs of 20-25 million migrant workers in export-based Guangdong province alone. In response to a large external demand shock stemming from rare synchronous recessions in the developed world, Beijing deployed massive resources to restore growth to counter the economic and social impact of the slowdown.
In late 2008, China announced a fiscal stimulus package of renminbi 4 trillion (about $600 billion) over two years, equal to a budget deficit around 2.2% of Gross Domestic Product (“GDP”). But the major response was via the government controlled large policy banks that were directed to extend credit and finance infrastructure projects on a large scale.
New lending by Chinese banks in 2009 and 2010 was around 40% of GDP. New bank loans in 2009 and 2010 totalled around $1.1 trillion-$1.4 trillion, an increase from $740 billion in 2008. Total outstanding loans in the economy have jumped by nearly 50% over the past two years. ..................(more)
The complete piece is at: http://www.marketwatch.com/story/chinas-not-so-miraculous-recovery-2012-03-05?dist=beforebell
Chinese 'miracle' resting on unsound foundations
SYDNEY (MarketWatch) — The ability of China to support the seriously compromised global economic and financial system is overestimated. The unsound foundations of Chinese economic and financial strength have been largely ignored. But then all food tastes good to the starving man.
In the first phase of the global financial crisis, China was badly hit, with growth slowing and lay-offs of 20-25 million migrant workers in export-based Guangdong province alone. In response to a large external demand shock stemming from rare synchronous recessions in the developed world, Beijing deployed massive resources to restore growth to counter the economic and social impact of the slowdown.
In late 2008, China announced a fiscal stimulus package of renminbi 4 trillion (about $600 billion) over two years, equal to a budget deficit around 2.2% of Gross Domestic Product (“GDP”). But the major response was via the government controlled large policy banks that were directed to extend credit and finance infrastructure projects on a large scale.
New lending by Chinese banks in 2009 and 2010 was around 40% of GDP. New bank loans in 2009 and 2010 totalled around $1.1 trillion-$1.4 trillion, an increase from $740 billion in 2008. Total outstanding loans in the economy have jumped by nearly 50% over the past two years. ..................(more)
The complete piece is at: http://www.marketwatch.com/story/chinas-not-so-miraculous-recovery-2012-03-05?dist=beforebell
March 5, 2012
from Der Spiegel:
Chancellor Angela Merkel has agreed with other conservative European leaders to help President Nicolas Sarkozy in the French election campaign by spurning his Socialist challenger François Hollande, SPIEGEL has learned. Merkel's interference is causing tension in her own government.
Nicolas Sarkozy is tirelessly touring France on the campaign trail, portraying himself as a man of action and as savior of Europe, but despite all his efforts, he is still trailing in opinion polls six weeks ahead of the presidential election.
Thank goodness he has Angela Merkel on his side.
The German chancellor has been unusually open in her support for a re-election of her French counterpart. They have walked side by side along French beaches, appeared on television together and are planning joint campaign events. ..............(more)
The complete piece is at: http://www.spiegel.de/international/europe/0,1518,819297,00.html
Angela Merkel and her gang of thugs try to stop France's would-be new (Socialist) president
from Der Spiegel:
Chancellor Angela Merkel has agreed with other conservative European leaders to help President Nicolas Sarkozy in the French election campaign by spurning his Socialist challenger François Hollande, SPIEGEL has learned. Merkel's interference is causing tension in her own government.
Nicolas Sarkozy is tirelessly touring France on the campaign trail, portraying himself as a man of action and as savior of Europe, but despite all his efforts, he is still trailing in opinion polls six weeks ahead of the presidential election.
Thank goodness he has Angela Merkel on his side.
The German chancellor has been unusually open in her support for a re-election of her French counterpart. They have walked side by side along French beaches, appeared on television together and are planning joint campaign events. ..............(more)
The complete piece is at: http://www.spiegel.de/international/europe/0,1518,819297,00.html
March 5, 2012
from Too Much: A Commentary on Excess and Inequality:
On Taxing the Rich, a Top Pol Breaks Ranks
March 3, 2012
A tax-the-rich bombshell has dropped in the presidential race. The French presidential race. But this bombshell’s blast will almost certainly reverberate elsewhere. Maybe even in the United States.
By Sam Pizzigati
Mainstream political leaders in the world’s developed nations have been suffering from political amnesia — on tax policy — for over 30 years now.
In the generation before 1980, the world’s top industrial nations routinely subjected their highest income brackets to tax rates as high as 70 and 80 and even 90 percent.
But then conservatives swept to power in Britain and the United States — Margaret Thatcher in 1979, Ronald Reagan in 1980 — and obliterated steeply graduated progressive tax rates. By 1986, no dollar of income that America’s richest reported would face more than a 28 percent tax rate. In the UK, the top rate would plummet from 83 to 40 percent.
Top tax rates in other developed nations would soon follow the same trajectory — and then largely settle down, after some bouncing around, within a narrow range that ran from 35 percent in the United States to 40 percent in Britain. ...............(more)
The complete piece is at: http://toomuchonline.org/on-taxing-the-rich-a-top-pol-breaks-ranks/
On Taxing the Rich, a Top Pol Breaks Ranks
from Too Much: A Commentary on Excess and Inequality:
On Taxing the Rich, a Top Pol Breaks Ranks
March 3, 2012
A tax-the-rich bombshell has dropped in the presidential race. The French presidential race. But this bombshell’s blast will almost certainly reverberate elsewhere. Maybe even in the United States.
By Sam Pizzigati
Mainstream political leaders in the world’s developed nations have been suffering from political amnesia — on tax policy — for over 30 years now.
In the generation before 1980, the world’s top industrial nations routinely subjected their highest income brackets to tax rates as high as 70 and 80 and even 90 percent.
But then conservatives swept to power in Britain and the United States — Margaret Thatcher in 1979, Ronald Reagan in 1980 — and obliterated steeply graduated progressive tax rates. By 1986, no dollar of income that America’s richest reported would face more than a 28 percent tax rate. In the UK, the top rate would plummet from 83 to 40 percent.
Top tax rates in other developed nations would soon follow the same trajectory — and then largely settle down, after some bouncing around, within a narrow range that ran from 35 percent in the United States to 40 percent in Britain. ...............(more)
The complete piece is at: http://toomuchonline.org/on-taxing-the-rich-a-top-pol-breaks-ranks/
March 5, 2012
from TomDispatch:
How to Fund an American Police State
Real Money for an Imaginary War
By Stephan Salisbury
At the height of the Occupy Wall Street evictions, it seemed as though some diminutive version of “shock and awe” had stumbled from Baghdad, Iraq, to Oakland, California. American police forces had been “militarized,” many commentators worried, as though the firepower and callous tactics on display were anomalies, surprises bursting upon us from nowhere.
There should have been no surprise. Those flash grenades exploding in Oakland and the sound cannons on New York’s streets simply opened small windows onto a national policing landscape long in the process of militarization -- a bleak domestic no man’s land marked by tanks and drones, robot bomb detectors, grenade launchers, tasers, and most of all, interlinked video surveillance cameras and information databases growing quietly on unobtrusive server farms everywhere.
The ubiquitous fantasy of “homeland security,” pushed hard by the federal government in the wake of 9/11, has been widely embraced by the public. It has also excited intense weapons- and techno-envy among police departments and municipalities vying for the latest in armor and spy equipment.
In such a world, deadly gadgetry is just a grant request away, so why shouldn’t the 14,000 at-risk souls in Scottsbluff, Nebraska, have a closed-circuit-digital-camera-and-monitor system (cost: $180,000, courtesy of the Homeland Security Department) identical to the one up and running in New York’s Times Square? ..................(more)
The complete piece is at: http://www.tomdispatch.com/post/175511/tomgram%3A_stephan_salisbury%2C_weaponizing_the_body_politic/#more (story follows a brief intro)
How to Fund an American Police State: Real Money for an Imaginary War
from TomDispatch:
How to Fund an American Police State
Real Money for an Imaginary War
By Stephan Salisbury
At the height of the Occupy Wall Street evictions, it seemed as though some diminutive version of “shock and awe” had stumbled from Baghdad, Iraq, to Oakland, California. American police forces had been “militarized,” many commentators worried, as though the firepower and callous tactics on display were anomalies, surprises bursting upon us from nowhere.
There should have been no surprise. Those flash grenades exploding in Oakland and the sound cannons on New York’s streets simply opened small windows onto a national policing landscape long in the process of militarization -- a bleak domestic no man’s land marked by tanks and drones, robot bomb detectors, grenade launchers, tasers, and most of all, interlinked video surveillance cameras and information databases growing quietly on unobtrusive server farms everywhere.
The ubiquitous fantasy of “homeland security,” pushed hard by the federal government in the wake of 9/11, has been widely embraced by the public. It has also excited intense weapons- and techno-envy among police departments and municipalities vying for the latest in armor and spy equipment.
In such a world, deadly gadgetry is just a grant request away, so why shouldn’t the 14,000 at-risk souls in Scottsbluff, Nebraska, have a closed-circuit-digital-camera-and-monitor system (cost: $180,000, courtesy of the Homeland Security Department) identical to the one up and running in New York’s Times Square? ..................(more)
The complete piece is at: http://www.tomdispatch.com/post/175511/tomgram%3A_stephan_salisbury%2C_weaponizing_the_body_politic/#more (story follows a brief intro)
March 5, 2012
from truthdig:
AIPAC Works for the 1 Percent
Posted on Mar 4, 2012
By Chris Hedges
Chris Hedges gave this talk Saturday night in Washington, D.C., at the Occupy AIPAC protest, organized by CODEPINK Women for Peace and other peace, faith and solidarity groups.
The battle for justice in the Middle East is our battle. It is part of the vast, global battle against the 1 percent. It is about living rather than dying. It is about communicating rather than killing. It is about love rather than hate. It is part of the great battle against the corporate forces of death that reign over us—the fossil fuel industry, the weapons manufacturers, the security and surveillance state, the speculators on Wall Street, the oligarchic elites who assault our poor, our working men and women, our children, one in four of whom depend on food stamps to eat, the elites who are destroying our ecosystem with its trees, its air and its water and throwing into doubt our survival as a species.
What is being done in Gaza, the world’s largest open-air prison, is a pale reflection of what is slowly happening to the rest of us. It is a window into the rise of the global security state, our new governing system that the political philosopher Sheldon Wolin calls “inverted totalitarianism.” It is a reflection of a world where the powerful are not bound by law, either on Wall Street or in the shattered remains of the countries we invade and occupy, including Iraq with its hundreds of thousands of dead. And one of the greatest purveyors of this demented ideology of violence for the sake of violence, this flagrant disregard for the rule of domestic and international law, is the American Israel Public Affairs Committee, or AIPAC.
I spent seven years in the Middle East. I was the Middle East bureau chief for The New York Times. I lived for two of those seven years in Jerusalem. AIPAC does not speak for Jews or for Israel. It is a mouthpiece for right-wing ideologues, some of whom hold power in Israel and some of whom hold power in Washington, who believe that because they have the capacity to war wage they have a right to wage war, whose loyalty, in the end, is not to the citizens of Israel or Palestine or the United States but the corporate elites, the defense contractors, those who make war a business, those who have turned ordinary Palestinians, Israelis and Americans, along with hundreds of millions of the world’s poor, into commodities to exploit, repress and control.
We have not brought freedom, democracy and the virtues of Western civilization to the Muslim world. We have brought state terrorism, massive destruction, war and death. There is no moral distinction between a drone strike and the explosion of the improvised explosive device, between a suicide bombing and a targeted assassination. We have used the iron fist of the American military to implant our oil companies in Iraq, occupy Afghanistan and ensure that the Muslim world remains submissive and compliant. We have supported a government in Israel that has carried out egregious war crimes in Lebanon and Gaza and is daily stealing larger and larger portions of Palestinian land. We have established a network of military bases, some the size of small cities, in Iraq, Afghanistan, Saudi Arabia, Turkey and Kuwait, and we have secured basing rights in the Gulf states of Bahrain, Qatar, Oman and the United Arab Emirates. We have expanded our military operations to Uzbekistan, Pakistan, Kyrgyzstan, Tajikistan, Egypt, Algeria and Yemen. And no one believes, except perhaps us, that we have any intention of leaving. .................(more)
The complete piece is at: http://www.truthdig.com/report/item/aipac_works_for_the_1_percent_20120304/
Chris Hedges: AIPAC Works for the 1 Percent
from truthdig:
AIPAC Works for the 1 Percent
Posted on Mar 4, 2012
By Chris Hedges
Chris Hedges gave this talk Saturday night in Washington, D.C., at the Occupy AIPAC protest, organized by CODEPINK Women for Peace and other peace, faith and solidarity groups.
The battle for justice in the Middle East is our battle. It is part of the vast, global battle against the 1 percent. It is about living rather than dying. It is about communicating rather than killing. It is about love rather than hate. It is part of the great battle against the corporate forces of death that reign over us—the fossil fuel industry, the weapons manufacturers, the security and surveillance state, the speculators on Wall Street, the oligarchic elites who assault our poor, our working men and women, our children, one in four of whom depend on food stamps to eat, the elites who are destroying our ecosystem with its trees, its air and its water and throwing into doubt our survival as a species.
What is being done in Gaza, the world’s largest open-air prison, is a pale reflection of what is slowly happening to the rest of us. It is a window into the rise of the global security state, our new governing system that the political philosopher Sheldon Wolin calls “inverted totalitarianism.” It is a reflection of a world where the powerful are not bound by law, either on Wall Street or in the shattered remains of the countries we invade and occupy, including Iraq with its hundreds of thousands of dead. And one of the greatest purveyors of this demented ideology of violence for the sake of violence, this flagrant disregard for the rule of domestic and international law, is the American Israel Public Affairs Committee, or AIPAC.
I spent seven years in the Middle East. I was the Middle East bureau chief for The New York Times. I lived for two of those seven years in Jerusalem. AIPAC does not speak for Jews or for Israel. It is a mouthpiece for right-wing ideologues, some of whom hold power in Israel and some of whom hold power in Washington, who believe that because they have the capacity to war wage they have a right to wage war, whose loyalty, in the end, is not to the citizens of Israel or Palestine or the United States but the corporate elites, the defense contractors, those who make war a business, those who have turned ordinary Palestinians, Israelis and Americans, along with hundreds of millions of the world’s poor, into commodities to exploit, repress and control.
We have not brought freedom, democracy and the virtues of Western civilization to the Muslim world. We have brought state terrorism, massive destruction, war and death. There is no moral distinction between a drone strike and the explosion of the improvised explosive device, between a suicide bombing and a targeted assassination. We have used the iron fist of the American military to implant our oil companies in Iraq, occupy Afghanistan and ensure that the Muslim world remains submissive and compliant. We have supported a government in Israel that has carried out egregious war crimes in Lebanon and Gaza and is daily stealing larger and larger portions of Palestinian land. We have established a network of military bases, some the size of small cities, in Iraq, Afghanistan, Saudi Arabia, Turkey and Kuwait, and we have secured basing rights in the Gulf states of Bahrain, Qatar, Oman and the United Arab Emirates. We have expanded our military operations to Uzbekistan, Pakistan, Kyrgyzstan, Tajikistan, Egypt, Algeria and Yemen. And no one believes, except perhaps us, that we have any intention of leaving. .................(more)
The complete piece is at: http://www.truthdig.com/report/item/aipac_works_for_the_1_percent_20120304/
March 5, 2012
NEW YORK — Citi Field revenues have dropped more than 30 percent since the New York Mets ballpark opened in 2009, and premium ticket sales are down by nearly 50 percent, according to financial records.
Overall attendance declined 26 percent, to 2.3 million, and during that time, revenues for concessions and parking slipped. The financial documents obtained by Newsday (http://bit.ly/xPvZQP ) show that concession revenue dropped 28 percent since 2009, to $10.9 million in 2011. Newsday reported in its Sunday editions that parking was down 37 percent, to $7 million.
Ticket sales for the 10,635 premium seats also declined from $99.3 million in 2009 to $50.6 million through 2011. The seats are about 25 percent of the 42,000-seat stadium.
The records reflect the finances for Queens Ballpark Company LLC, the subsidiary of Sterling Mets responsible for ballpark operations. The documents, obtained by the newspaper through a Freedom of Information request, highlight some of team's financial struggles following the fraud committed by disgraced financier Bernard Madoff. .............(more)
The complete piece is at: http://www.ajc.com/sports/ny-mets-citi-field-1372123.html
Hard times at Citi Field
NEW YORK — Citi Field revenues have dropped more than 30 percent since the New York Mets ballpark opened in 2009, and premium ticket sales are down by nearly 50 percent, according to financial records.
Overall attendance declined 26 percent, to 2.3 million, and during that time, revenues for concessions and parking slipped. The financial documents obtained by Newsday (http://bit.ly/xPvZQP ) show that concession revenue dropped 28 percent since 2009, to $10.9 million in 2011. Newsday reported in its Sunday editions that parking was down 37 percent, to $7 million.
Ticket sales for the 10,635 premium seats also declined from $99.3 million in 2009 to $50.6 million through 2011. The seats are about 25 percent of the 42,000-seat stadium.
The records reflect the finances for Queens Ballpark Company LLC, the subsidiary of Sterling Mets responsible for ballpark operations. The documents, obtained by the newspaper through a Freedom of Information request, highlight some of team's financial struggles following the fraud committed by disgraced financier Bernard Madoff. .............(more)
The complete piece is at: http://www.ajc.com/sports/ny-mets-citi-field-1372123.html
March 5, 2012
from Consortium News:
Profiting Off Nixon’s Vietnam ‘Treason’
March 4, 2012
Exclusive: The notion of Wall Street bankers meeting in private to discuss profiting off a plot to extend the Vietnam War and risk the lives of thousands of American soldiers may sound like a conspiracy movie script, but it is a tragic reality reflected in once secret White House documents, reports Robert Parry.
By Robert Parry
As I pored over documents from what the archivists at Lyndon Johnson’s presidential library call their “X-File” – chronicling Richard Nixon’s apparent sabotage of Vietnam peace talks in 1968 – I was surprised by one fact in particular, how Johnson’s White House got wind of what Johnson later labeled Nixon’s “treason.”
According to the records, Eugene Rostow, Johnson’s Under Secretary of State for Political Affairs, got a tip in late October 1968 from a Wall Street source who said that one of Nixon’s closest financial backers was describing Nixon’s plan to “block” a peace settlement of the Vietnam War. The backer was sharing this information with his banking colleagues to help them place their bets on stocks and bonds.
In other words, these investment bankers were colluding over how to make money with their inside knowledge of Nixon’s scheme to extend the Vietnam War. Such an image of these “masters of the universe” sitting around a table plotting financial strategies while a half million American soldiers were sitting in a war zone was a picture that even the harshest critics of Wall Street might find hard to envision.
Yet, that tip – about Nixon’s Wall Street friends discussing his apparent tip on the likely course of the Vietnam War – was the first clear indication that Johnson’s White House had that the sudden resistance from South Vietnamese President Nguyen van Thieu to Paris peace talks may have involved a collaboration with Nixon, the Republican candidate for president who feared progress toward peace could cost him the election. ................(more)
The complete piece is at: http://consortiumnews.com/2012/03/04/profiting-off-nixons-vietnam-treason/
Profiting Off Nixon’s Vietnam ‘Treason’
from Consortium News:
Profiting Off Nixon’s Vietnam ‘Treason’
March 4, 2012
Exclusive: The notion of Wall Street bankers meeting in private to discuss profiting off a plot to extend the Vietnam War and risk the lives of thousands of American soldiers may sound like a conspiracy movie script, but it is a tragic reality reflected in once secret White House documents, reports Robert Parry.
By Robert Parry
As I pored over documents from what the archivists at Lyndon Johnson’s presidential library call their “X-File” – chronicling Richard Nixon’s apparent sabotage of Vietnam peace talks in 1968 – I was surprised by one fact in particular, how Johnson’s White House got wind of what Johnson later labeled Nixon’s “treason.”
According to the records, Eugene Rostow, Johnson’s Under Secretary of State for Political Affairs, got a tip in late October 1968 from a Wall Street source who said that one of Nixon’s closest financial backers was describing Nixon’s plan to “block” a peace settlement of the Vietnam War. The backer was sharing this information with his banking colleagues to help them place their bets on stocks and bonds.
In other words, these investment bankers were colluding over how to make money with their inside knowledge of Nixon’s scheme to extend the Vietnam War. Such an image of these “masters of the universe” sitting around a table plotting financial strategies while a half million American soldiers were sitting in a war zone was a picture that even the harshest critics of Wall Street might find hard to envision.
Yet, that tip – about Nixon’s Wall Street friends discussing his apparent tip on the likely course of the Vietnam War – was the first clear indication that Johnson’s White House had that the sudden resistance from South Vietnamese President Nguyen van Thieu to Paris peace talks may have involved a collaboration with Nixon, the Republican candidate for president who feared progress toward peace could cost him the election. ................(more)
The complete piece is at: http://consortiumnews.com/2012/03/04/profiting-off-nixons-vietnam-treason/
March 4, 2012
(Reuters) - French President Nicolas Sarkozy has lost ground to his Socialist rival in the past two weeks of campaigning, an opinion poll showed on Sunday, predicting front-runner Francois Hollande would easily win the May 6 presidential election runoff.
The poll for LH2-Yahoo showed Sarkozy losing 3 percentage points to 23 percent while Hollande slipped 1.5 percentage points but remained well ahead on 30.5 percent of voting intentions for the April 22 first round.
If the second round runoff were to be held today, Hollande would get 58 percent of votes and Sarkozy 42 percent.
Centrist candidate Francois Bayrou gained 2 percentage points to 15 percent, putting him in third place alongside National Front candidate Marine Le Pen, who gained 1 percentage point. ....................(more)
The complete piece is at: http://www.reuters.com/article/2012/03/04/us-france-election-idUSTRE81N1SS20120304
France's Sarkozy losing ground to Socialist rival: poll
(Reuters) - French President Nicolas Sarkozy has lost ground to his Socialist rival in the past two weeks of campaigning, an opinion poll showed on Sunday, predicting front-runner Francois Hollande would easily win the May 6 presidential election runoff.
The poll for LH2-Yahoo showed Sarkozy losing 3 percentage points to 23 percent while Hollande slipped 1.5 percentage points but remained well ahead on 30.5 percent of voting intentions for the April 22 first round.
If the second round runoff were to be held today, Hollande would get 58 percent of votes and Sarkozy 42 percent.
Centrist candidate Francois Bayrou gained 2 percentage points to 15 percent, putting him in third place alongside National Front candidate Marine Le Pen, who gained 1 percentage point. ....................(more)
The complete piece is at: http://www.reuters.com/article/2012/03/04/us-france-election-idUSTRE81N1SS20120304
March 4, 2012
From the Banned Books Read-In at UT Austin in support of the TUSD Ethnic Studies program. February 29, 2012
Snehal Shingavi reads from Howard Zinn's A People's History
From the Banned Books Read-In at UT Austin in support of the TUSD Ethnic Studies program. February 29, 2012
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Gender: MaleHometown: Detroit, MI
Member since: Fri Oct 29, 2004, 12:18 AM
Number of posts: 77,091
