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US: Senate Republicans block landmark NSA surveillance reform bill

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Published on The Guardian, by Spencer Ackerman in NY, Nov 19, 2014.

  • Senators, mostly Republicans warning of leaving the country exposed to terrorist threat, voted to beat back the USA Freedom Act
  • Failure to pass US surveillance reform bill could still curtail NSA powers
  • Nearly 18 months after Edward Snowden’s disclosures, the USA Freedom Act has died

… It was the denouement to over a year’s worth of political drama, characterized by shifting alliances and a reduction in ambitions for constraining the NSA, even in a post-Snowden Congress.   Continue Reading…

Does it pay for firms to invest in their workers’ wellbeing?

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Published on VOXeu.org, by Alex Bryson, John Forth, Lucy Stokes, Nov 17, 2014.

It is generally agreed that firms can improve their employees’ wellbeing through improvements in job quality – but is it in their economic interests to do so? This column reports research showing that satisfied employees and higher productivity go together. Analysis of the British Workplace Employment Relations Survey finds that employee job satisfaction is positively associated with workplace financial performance, labour productivity, and the quality of output and service … // Continue Reading…

Putin’s ARD Interview

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in Texts, on Russia Today RT:

Revealed: how coalition has helped rich by hitting poor

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Published on The Guardian, by Daniel Boffey, Nov 15, 2014: study shows gains for wealthier half of population, delivering a blow to George Osborne’s claims on fairness;

A landmark study of the coalition’s tax and welfare policies six months before the general election reveals how money has been transferred from the poorest to the better off, apparently refuting the chancellor of the exchequer’s claims that the country has been “all in it together”.

According to independent research to be published on Monday and seen by the Observer, George Osborne has been engaged in a significant transfer of income from the least well-off half of the population to the more affluent in the past four years. Those with the lowest incomes have been hit hardest.   Continue Reading…

How Is a Prison Like a War?

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Published on Global Research.ca (first on War is a Crime), by David Swanson, Nov 13, 2014.

The similarities between mass incarceration and mass murder have been haunting me for a while, and I now find myself inspired by Maya Schenwar’s excellent new book Locked Down, Locked Out: Why Prison Doesn’t Work and How We Can Do Better. This is one of three books everyone should read right away. The others are The New Jim Crow and Burning Down the House, the former with a focus on racism in incarceration, the latter with a focus on the incarceration of youth. Schenwar’s is an overview of incarceration in all its absurd and unfathomable evil — as well as being a spotlight leading away from this brutal institution.   Continue Reading…

Egypt: Human rights under scrutiny

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Published on Al-Ahram weekly online, by Doaa El-Bey, Nov 13, 2014: On Egypt’s defence of its record at the UN Periodic Review meeting in Geneva.

While the head of the Egyptian delegation to Geneva insisted Egypt had witnessed a qualitative “leap” in the status of human rights, human rights groups have widely condemned Egypt’s record on basic freedoms over the last four years.

More than 300 recommendations, questions and comments from member states were included in the UN outcome report that followed Egypt’s Universal Periodic Review (UPR) last week. Reservations were expressed over laws regulating NGOs, human rights, judicial procedures and the right to protest. Egypt’s Foreign Ministry, however, was keen to point out that amid the criticisms there were positive remarks. “From at least 100 countries,” Foreign Ministry spokesman Badr Abdel-Atti told Al-Ahram Weekly. Continue Reading…

Taxpayer funds save Congo plantation paying workers $1/day

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Published on farmlandgrab.org, by Chris Arsenault, Nov 12, 2014.

ROME, Nov 12 (Thomson Reuters Foundation) – Development funds from European governments have helped to rescue a Canadian company that pays workers as little as $1 per day to toil on some of Africa’s largest palm oil plantations in the impoverished Democratic Republic of Congo (DRC).

Government-backed investment funds from Britain, France and Spain, designed to help poor countries develop, stepped in to buy 60 percent of Toronto-listed Feronia Inc for about $35 million in two separate investments in 2012 and 2013.   Continue Reading…

USA – CHINA – RUSSIA – (and our politician’s arse licker eu) … quo vadis?

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The Fall of the Berlin Wall, 25th Anniversary

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LIVE UPDATES – Go-go-go! Rosetta’s Philae lander descent to comet surface, on Russia Today RT, Nov 12, 2014!
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Published on The National Security Archive, by Thomas Blanton and Svetlana Savranskaya, Nov 9, 2014.

  • Documents show accident and contingency, anxiety in world capitals;
  • East German crowds led the way, with help from Communist fumbles, self-fulfilling TV coverage, Hungarian reformers, Czechoslovak pressure, and Gorbachev’s non-violence.

Washington, DC, November 9, 2014 – The iconic fall of the Berlin Wall 25 years ago today shocked international leaders from Washington to Moscow, London to Warsaw, as East German crowds took advantage of Communist Party fumbles to break down the Cold War’s most symbolic barrier, according to formerly secret documents from Soviet, German, U.S., Czechoslovak and Hungarian files posted today by the National Security Archive at George Washington University (The National Security Archive.org).   Continue Reading…

No more bailouts: BoE chief says banks won’t be save by taxpayers

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Published on Russia Today RT, Nov 10, 2014;

New rules are being proposed that will force creditors, not taxpayers, to carry the losses of banks deemed “too big to fail.” The plans come after Western taxpayers were asked to pay trillions of dollars to bail out banks in the 2008 financial crisis. The new global rules will force creditors to bear banks’ losses, ensuring that taxpayers’ money should never be used again to bail out banks.  The proposal was unveiled by Mark Carney, chairman of the Switzerland-based Financial Stability Board (FSB) and governor of the Bank of England. The new rules would require big banks to hold much more money against losses, which Carney called a “watershed” moment, adding that the bailout by the taxpayers in 2008 and 2009 was “totally unfair” … // Continue Reading…

Rosetta spacecraft to land probe on comet – and make scientific history

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LIVE UPDATES – Go-go-go! Rosetta’s Philae lander descent to comet surface, on Russia Today RT, Nov 12, 2014!

Published on The Independent.co.uk, by KITTY KNOWLES, Nov 9, 2014.

Dutch astrophysicist Dr Fred Jansen is no stranger to the difficulties of space exploration. He led the team that put an X-ray observatory in orbit in the 1990s, and has since overseen exploration operations to Mars and Venus. But the Rosetta mission manager described his latest challenge as the most difficult yet. Continue Reading…

Tax avoidance – Luxembourg tax files

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how tiny state rubber-stamped tax avoidance on an industrial scale – Leaked documents show that one of the EU’s smallest states helped multinationals save millions in tax, to the detriment of its neighbours and allies – Published on The Guardian, by Simon Bowers, Nov 5, 2014. (See also: Audio – Irish Times Business Podcast: Lux Leaks, 19.44 min).

An unprecedented international investigation into tax deals struck with Luxembourg has uncovered the multi-billion dollar tax secrets of some of the world’s largest multinational corporations.

A cache of almost 28,000 pages of leaked tax agreements, returns and other sensitive papers relating to over 1,000 businesses paints a damning picture of an EU state which is quietly rubber-stamping tax avoidance on an industrial scale.   Continue Reading…

The “Consultation” in Catalonia: A New Episode in the Political Crisis of Spain

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Published on The Bullet, Socialist Project’s E-Bulletin no. 1052, by Pedro Marlez, Nov 6, 2014.

… The Spanish political crisis is advancing slowly but inexorably. In the last five or six months we have witnessed a series of events that have exacerbated the process of decomposition: the turbulence produced by the European elections, the succession to the throne, the most serious corruption scandals to surface for generations, and the conflict between the central government and Catalonia. The right-wing government of [Prime Minister] Mariano Rajoy has sought relief in macroeceonomic data, but the optimism expressed is groundless: no figures are available to show a solid recovery, with the exception of the fall in unemployment, which is explicable on the basis of a seasonally favourable situation in the services sector. The period to come will be very difficult for the government, even decisive in different areas of conflict … // Continue Reading…

Poverty, World Hunger: Time for a relational approach

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Published on Axis of Logic (first on teleSUR), by Ezequiel Adamovsky, Nov 5, 2014.

Announcements by the World Bank, the IMF; and other neoliberal think tanks, that poverty is decreasing and the middle class increasing is just a fantasy that stems from ideologically biased research programs and conceptions of poverty … //

… All this, of course, is nothing but a fantasy that stems from ideologically biased research programs and conceptions of poverty. In the past decades, international organizations and think tanks have produced a subtle shift in the way we understand poverty and class differences. We used to think of both as relations: there is no poverty in itself, but only in relation to wealth; one can only be of “lower” condition by contrast to the “higher” class. Continue Reading…

Ebola quarantines violated in search of food

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Published on AlJazeera, November 5, 2014: Aid agencies say thousands being monitored for signs of Ebola in Sierra Leone are venturing out to find food.

… Kamara said that because services are not reaching them, people who are being monitored for signs of Ebola – and should be staying at home – are venturing out to markets to look for food, potentially contaminating many others.

Christian Aid’s coordinator said that with infections still on the rise, it was difficult for the government to keep up with the number of people being monitored for the disease. “The number is just rising exponentially,” she said. “The speed with which we have to have such a robust system of planning and coordination” is too fast.

Continue Reading…

Monetary Fallacy? Deep Divisions Emerge over ECB Quantitative Easing Plans – part 1

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Published on Spiegel Online International, by Anne Seith, Nov 3, 2014 (Photo Gallery – A Growing Rift Between Central Bankers – translated from the German by Christopher Sultan).

To prevent dangerous deflation, the ECB is discussing a massive program to purchase government bondswatchdogs are divided over the measure, with some alleging that central bankers are being held hostage by politicians … //

… A Heated Dispute: Continue Reading…

Can Capitalism and Democracy Coexist?

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Can Capitalism and Democracy Coexist? – Videos with Journalist Chris Hedges and political philosopher Sheldon Wolin, uploaded on YouTube by TheRealNews, August-November 2014: (1/8), 20.15 min; (2/8), 25.04 min; (3/8), 22.32 min; (4/8), 26.37 min; (5/8), 23.23 min; (6/8), 19.37 min; (see comment on naked capitalism, by Yves Smith, Nov 3, 2014 – also links on the website of The Real News Network TRNN, per Nov 2, 2014);

Capitalism Democracy-Related Links:

Global War and Peace: Insanity’s Quagmire

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Published on The People’s Voive, by Dr. Mahboob A. Khawaja, Nov 2, 2014 (also on The Sri Lanka Guardian, Nov 2).

In a knowledge-based age, contemporary world is fraught with perpetuated violence and killings to undermine the sustainability of mankind’s future. Complex societal conflicts need rational and flexible strategies using men of new ideas, diplomacy and peaceful means to conflict management … // Continue Reading…

ISIS eyes using Ebola as bio weapon – or: what fundamentalist dictatorship is serving

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Published on Russia Today RT, Nov 1, 2014.

The Spanish government said it is concerned that terrorists could use the Ebola virus as a biological weapon against the West. A close eye is being kept on online chat rooms, where such attacks are reportedly discussed among jihadist groups. Extremists connected to the Islamic State (IS, previously ISIS) have been considering using Ebola as a weapon against the West, Spain’s State Secretary for Security, Francisco Martinez, said in an address to the parliament.   Continue Reading…

NYPD arrests, brutalizes peace activist McGovern ahead of Petraeus speech

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Published on Russia Today RT, Oct 31, 2014.

The New York Police Department has detained prominent peace activist and former CIA agent Ray McGovern, with witnesses saying he was “yelling in pain” during arrest. McGovern was detained ahead of a David Petraeus speech that he planned to attend.

McGovern was detained before the start of a talk between former CIA director David Petraeus, retired US Army Lt. Col. John Nagl, and author Max Boot on American Foreign Policy at the 92nd St Y., an Upper East Side cultural community center.   Continue Reading…

Where have all the Flowers Gone?

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Published on Dissident Voice, by Denis A. Conroy, Oct 28, 2014.

Thinking through the binary oppositions of “have” and “have nots” is like segregating the homeless from the Paris Hiltons of the world in order to present a narrative that represents a ‘going America’s way’ kind of reality, a reality that uses finance, by way of speculation and specialisation, to foster advantages for elites and their hierarchical institutions for the sole purpose of amassing capital in order to leverage control of the social narrative through the commodification of culture itself.   Continue Reading…

Gold and Banks

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Why Do Banks Want Our Deposits?

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Hint: It’s Not to Make Loans – Published on truthDig (first on Web of Debt), by Ellen Brown, Oct 26, 2014.

… Reckoning with the Fed:

Ever since the Federal Reserve Act was passed in 1913, banks have been required to clear their outgoing checks through the Fed or another clearinghouse. Banks keep reserves in reserve accounts at the Fed for this purpose, and they usually hold the minimum required reserve. When the loan of Bank A becomes a check that goes into Bank B, the Federal Reserve debits Bank A’s reserve account and credits Bank B’s. If Bank A’s account goes in the red at the end of the day, the Fed automatically treats this as an overdraft and lends the bank the money. Bank A then must clear the overdraft.   Continue Reading…

still on my dashboard

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1):

The Unattainable Illusion of Meritocracy

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Published on naked capitalism, by Yves Smith, Oct 26, 2014.

… Repeat after me: in complex societies and organizations, merit is a complete illusion … //

… So what exactly is talent? Educated people like to think of it as intelligence, and that intelligence will be reflected in better educational attainment. But education in America has a lot of credentialing and is mixed in terms of substance (there’s a very strong argument to be made for the educational system that Bonaparte implemented in France, which has sadly decayed beyond recognition, where it made a systematic effort to find smart kids, no matter how poor their background, and track them so that they had as much opportunity to get into the Grandes Ecoles as children who grew up with highly educated parents. Continue Reading…