Posts tagged ‘Vulture Capitalism’

America’s Deceptive 2012 Fiscal Cliff (Part 2)



America’s Deceptive 2012 Fiscal Cliff (Part 2) (via Market Shadows)

  Source: pintura.aut.org via Bonegrrl on Pinterest   Michael Hudson: America’s Deceptive 2012 Fiscal Cliff, Part II – The Financial War Against the Economy at Large Courtesy of Michael Hudson Originally published at Naked Capitalism (part 1 is here) By Michael Hudson, a research professor…

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Credit union flap may reveal Goldman Sachs is bullying community banks



Credit union flap may reveal Goldman Sachs is bullying community banks (via Raw Story )

When it was announced recently that Goldman Sachs had withdrawn its sponsorship of the small community bank at which Occupy Wall Street had set up an account for its donations, it appeared to be merely a petty act of vindictiveness. According to investigative reporter Greg Palast, however, the motivations…

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Thousands in Spain protest to defend pensions



Thousands in Spain protest to defend pensions (via AFP)

Whistles blowing and horns honking, thousands of people demonstrated Monday in Madrid to defend their pensions from the austerity policies of the right-wing government of Mariano Rajoy. Spain's government broke a key election commitment in November by saying it would fail to raise pensions in line…

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Republicans rake leader for stalling on US storm aid



Republicans rake leader for stalling on US storm aid (via AFP)

US President Barack Obama urged Congress Wednesday to approve emergency relief for victims of superstorm Sandy, as Republicans savaged their House leader for playing politics with disaster aid. The Senate has already passed a $60.4 billion aid package put forward by the White House to help northeast…

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Senators hope to end Federal Reserve’s conflicts of interest



Senators hope to end Federal Reserve’s conflicts of interest (via Raw Story )

Three U.S. Senators proposed a bill on Tuesday that would prevent the nation’s most powerful banking executives from simultaneously running the very institutions intended to keep them playing by the rules, with one of the bill’s sponsors saying that JP Morgan’s recent billions in losses are indicative…

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Maher says Republicans have same problem as the Beach Boys: ‘Their fans are dying’



Maher says Republicans have same problem as the Beach Boys: ‘Their fans are dying’ (via Raw Story )

Friday night on “Real Time with Bill Maher,” host Bill Maher addressed the Republican Party’s staggering electoral losses in this week’s elections and mused that the party may be facing virtual extinction. Maher began the segment talking about Fox News’s alert early on election day that a…

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Whites with No Diploma Live Shorter Lives – Truthdig


For White People Who Vote REPUBLICAN You Have Alot To Think About

Whites with No Diploma Live Shorter Lives – Truthdig.

Life expectancy for the least-educated Americans has shrunk by four years since 1990, a reminder that social inequality is not just a matter of having fewer things than those who are better off than you.

Exactly why the decline occurred isn’t understood, but a rise in prescription drug overdoses among white youths, higher rates of tobacco use, growing obesity and a lack of health insurance were offered by researchers as possible explanations.

—Posted by Alexander Reed Kelly.

The New York Times:

The steepest declines were for white women without a high school diploma, who lost five years of life between 1990 and 2008, said S. Jay Olshansky, a public health professor at the University of Illinois at Chicago and the lead investigator on the study, published last month in Health Affairs. By 2008, life expectancy for black women without a high school diploma had surpassed that of white women of the same education level, the study found.

White men lacking a high school diploma lost three years of life. Life expectancy for both blacks and Hispanics of the same education level rose, the data showed. But blacks over all do not live as long as whites, while Hispanics live longer than both whites and blacks.

“We’re used to looking at groups and complaining that their mortality rates haven’t improved fast enough, but to actually go backward is deeply troubling,” said John G. Haaga, head of the Population and Social Processes Branch of the National Institute on Aging, who was not involved in the new study.

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