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Member since: Wed Feb 10, 2010, 01:12 PM
Number of posts: 4,959

Journal Archives

Thanks for the update.

Posted by proverbialwisdom | Thu Jun 30, 2016, 08:08 PM (0 replies)


Posted by proverbialwisdom | Wed Jun 29, 2016, 04:56 PM (0 replies)

Truthout: High Levels of Toxins Found in Bodies of People Living Near Fracking Sites


Posted by proverbialwisdom | Wed Jun 29, 2016, 04:37 PM (2 replies)

James Steele: Who Is Getting Rich Off the $1.3 Trillion Student Debt Crisis?


Who Is Getting Rich Off the $1.3 Trillion Student Debt Crisis?
June 29, 2016


Topics: Student Debt

Guests: James Steele, veteran investigative reporter and Pulitzer-Prize-winning journalist. His recent article for Reveal from the Center for Investigative Reporting is titled "Who Got Rich Off the Student Debt Crisis."

We continue our conversation looking at student debt. A stunning 42 million people now owe $1.3 trillion in student debt. A new investigative report published by Center for Investigative Reporting peels back the layers on this trillion-dollar industry. The article, titled "Who Got Rich Off the Student Debt Crisis," follows what happened after the federal government relinquished direct control of the student loan program and opened it up to banks and profit-making corporations. We speak to Pulitzer-Prize-winning journalist James Steele and Saul Newton, who was profiled in the article. Saul dropped out of the University of Wisconsin-Stevens Point because of rising costs and student debt.

Please check back later for full transcript.


Who got rich off the student debt crisis?

42 million people owe $1.3 trillion in student debt.
It’s a profit center for Wall Street and the government. Here’s how we got into this mess.

A generation ago, Congress privatized a student loan program intended to give more Americans access to higher education.

In its place, lawmakers created another profit center for Wall Street and a system of college finance that has fed the nation’s cycle of inequality. Step by step, Congress has enacted one law after another to make student debt the worst kind of debt for Americans – and the best kind for banks and debt collectors.

Today, just about everyone involved in the student loan industry makes money off students – the banks, private investors, even the federal government.

Posted by proverbialwisdom | Wed Jun 29, 2016, 11:54 AM (9 replies)

OMG x2


Beyoncé and Kendrick Lamar perform ‘FREEDOM’ from her latest album, LEMONADE!
Posted by proverbialwisdom | Mon Jun 27, 2016, 11:53 AM (1 replies)



The obscure legal system that lets corporations sue countries

Fifty years ago, an international legal system was created to protect the rights of foreign investors. Today, as companies win billions in damages, insiders say it has got dangerously out of control

By Claire Provost and Matt Kennard
Wednesday 10 June 2015 01.00 EDT
Posted by proverbialwisdom | Sun Jun 26, 2016, 01:29 PM (0 replies)

Common Dreams: No Matter the Outcome, Hedge Funds Stand to Profit


Private exit polls, oh my.
Posted by proverbialwisdom | Fri Jun 24, 2016, 09:27 PM (0 replies)

"SWEATSHOP: Deadly Fashion" is an important Norwegian online documentary film and reality show.

Documentary film: https://vimeo.com/ondemand/sweatshop and https://www.amazon.com/Sweatshop-Deadly-Fashion-English-Subtitled/dp/B01A45HKXK
TV Season 2 (top), TV Season 1 (below): http://www.aftenposten.no/webtv/#!/kategori/10514/sweatshop-deadly-fashion


We won The Golden Screen!
10. May 2015

“This is also an award for all bad paid textile workers!”

This was Frida’s opening phrase of her speech after we were called out as winners of The Golden Screen for Best Reality 2015 yesterday. In front of a packed Grieg Hall in Bergen and to the entire Norwegian population that followed the show on TV2, Frida continued by thanking Sokty and all the others who helped us to create the series, before she finished to great acclaim from the television elite in the audience: “And thanks to everyone else who fight for a better world!”

Gullruten (“Golden Screen”) is an annual award for the Norwegian TV industry. It is the greatest one can be achieve for a film series in our country. Don’t need to say that we are insanely proud and happy! Such a price gives us the best starting to point to get the plans for a new season going.

Related: http://asia.nikkei.com/magazine/20160303-INDIA-S-STARTUPS-THE-GREAT-DISRUPTORS/Politics-Economy/Asia-s-garment-exporters-brace-for-a-TPP-empowered-Vietnam
Posted by proverbialwisdom | Fri Jun 24, 2016, 02:58 PM (0 replies)

Thank you for the salient excerpts. Unfortunately, these informed views are @ odds with key aspects.

Posted by proverbialwisdom | Fri Jun 24, 2016, 01:09 PM (1 replies)

Yawn, 'cos this hasn't actually been proven to be problematic yet.


Wait, follow-up studies? None that I'm aware of.

Clearly, the work-around still exists (eat organic or Non-GMO Project Verified), but ALL should have the benefit of the Precautionary Principle, not just the well informed and affluent.
Posted by proverbialwisdom | Thu Jun 23, 2016, 05:23 PM (0 replies)
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