NSA Spying, Tax Fraud Join Trade Debacle
Although the horrendous TPP (“Trans Pacific Partnership”) pact is the most pressing global trade story here in the U.S., the current round of the TPP’s European cousin (aka TAFTA) is taking the cake in Belgium for sheer entertainment value. At the core of both pacts are sweeping new corporate rights and privileges, like the investor-state system. That little gem allows corporations to sue governments in foreign tribunals for taxpayer compensation of any domestic policy they claim undermines their “expected future profits.” Take a minute and sit with that last sentence until it really sinks in. Developing nations seeking commercial relationships with the…
TPP 101 in Less than 4 Minutes. Go.
You’ve likely heard about the “TPP” in the news lately. You know it has 3 letters. You may even know that they stand for Trans Pacific Partnership. You may know that it’s considered a bad thing by the left, the right, and everyone in between. You may know it has something to do with trade… aaaand you may have gotten overwhelmed. Or you may be frustrated that other fairly engaged people seem not to know what it’s all about and why it matters. Here’s a great primer that takes less than four minutes, featuring Amy Goodman from Democracy Now interviewing…
Inconvenient Private Sector Jobs
Time to don your rain ponchos, because Republican heads are going to be exploding across the state. This is one of those times when philosophy and reality are on opposite sides, and the confused elephant brains of the majority of the GOP in Alaska are going to have to out themselves, or change sides. Ah, another inconvenient truth. ” Ready? Guess what industry is the largest private sector employer in the State of Alaska? Oil? <<<HOCKEY BUZZER NOISE>>> Mining? <<<REPEAT ABOVE>>> Nope, it’s fish. A recent report issued from the McDowell Group for the Alaska Seafood Marketing Institute reveals: The…
1 Simple Act You Can Do to Save Alaska
On this day when even the most ardent curmudgeon can’t help but feel a little patriotic stirring, even if it’s only for what has been… or what might yet be, you have something to do, Alaskans. Santa says. And so does this guy. Yes, I am talking to YOU. NOW. This is the last week to sign the petition to repeal the most devastating legislation Alaska has ever seen – Senate Bill 21 (SB21). You don’t have to think of him as Uncle Sam. He can be Uncle Jay (Hammond), or Uncle Wally (Hickel), or Uncle Bob (Bartlett), or…
Murkowski Thumbs Nose at Leadership
MEEP! MEEP! MEEP! We interrupt Alaska to bring you this special Sanity Report. Republican Senator Lisa Murkowski does not – we repeat – does NOT think that the debt ceiling should be used as leverage for spending cuts. Her sanity runs counter to Republican leadership in the Senate who have no problem creating an economic hostage situation and jeopardizing the US economy if they don’t get their way. Murkowski says that some of her Republican colleagues won’t say it “out loud,” but they agree with her. This means that both of Alaska’s Senators believe that we should, in fact, pay our…
Crowdsourcing Success
Banking is based on the principle that the more you have, the more you can get. But we reversed the basic principle of banking, saying that if you have absolutely nothing, you are our most prominent client. – Muhammad Yunus, Grameen Bank. In the 1970’s, a newly independent nation was in the grips of economic and institutional crisis. An economist returned to his native country and became an Economics Professor in Bangladesh. He witnessed rampant poverty and desperation, and noted cruel private lending conditions. Two-thirds of the world’s population is deprived of services available from financial institutions, and bankers told…
AIG: Why Tea Partiers Should Love Elizabeth Warren (UPDATE)
**UPDATE: The board of AIG decided Wednesday not to join a shareholder lawsuit against taxpayers which challenges the terms of the bailout that saved the insurer from bankruptcy in 2008, CNN reports. The board did not detail the reasons for the decision, saying it will make that clear in court filings in the coming weeks. But when reports surfaced Tuesday that it was even considering joining the suit, it sparked widespread outrage against the company. You paid your hard earned money into the coffers of a recklessly mismanaged company called AIG in 2008. You saved them from bankruptcy, from corporate…
The War on Christmas is a Civil War
And she brought forth her firstborn son, and wrapped him in swaddling clothes, and laid him in a manger; because there was no room for them in the inn. And there were in the same country shepherds abiding in the field, keeping watch over their flock by night. And, lo, the angel of the Lord came upon them, and the glory of the Lord shone round about them: and they were sore afraid. And the angel said unto them, Fear not: for, behold, I bring you good tidings of great joy, which shall be to all people. For unto you…